The Business Times, 23 November 1995

Microfilm: NL20493
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MIT A (P) 194/12/94 854 SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, NOVEMBER 23,1995
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  • Article
    MARKET SUMMARY
    68 1 m 2407J2(+4.58) PI BTOOMP U UM.7I (+10.67) BT-M6A *****1 (+2.17) ILAKKET HOODc STOCK MAMETDCDICES Wednesday Change KLSECOMP 9J5.00. +17*7 NIKKEI 18,239.84 .-144.48 HANG SENG 9,501.61 +49.52 SET INDEX 1,226.07 +19.94 JAKARTA COMP. 458.75 +4.70 MANILA COUP 2J868J3 +16.09 TAIPEI WPI 4,68*27 +7.60 SBOliL COMP ***** +168 BOMBAY BSKW
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  • Article
    FINANCE
    71 1 EXCHANGE 1ATES is# ss US| 1.412 I U58._ 1200 DM 0.709, 1.002 0.989 1.388 Mt 0.394 0.556 HK* 0.129. 0.183 RAHT 0040 0.060 RUPIAH100 .0.044. .0062 PB1ME KATES SINGAPORE* 6.44 KUALA LUMPUR. 7.95 JAKARTA 17 30 BANGKOK 115® MANILA UOO HONGKONG.. .9.00 TAIPEI .8.00 SYDNEY 10.75 TOKYO jg.8® SEOUL
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  • Article, Illustration
    Leeson expected to arrive in Singapore today
    355 1 [SINGAPORE] Nick Leeson, the 29-year-old trader who brought down Britain's venerable bank Barings, will probably arrive in Singapore today, one of his attorneys said in Frankfurt yesterday. An AFP report quoted the British solicitor, who visited his client in a Frankfurt jail yesterday,
    355 words
  • Article
    Office users reluctant to relocate outside CBD: survey
    420 1  -  60% of those who would consider decentralising prefer fringe areas By] Michelle Low [SINGAPORE] The government's plan to draw offices away from the congested Central Business District is likely to work only slowly, going by the findings of a new report. Among
    420 words
  • Article, Illustration
    BT business directory online
    334 1  -  By Kenneth James [SINGAPORE] A searchfriendly Singapore business directory is the latest addition to the growing list of Internet services from BT. The BT Business Directory forms the core of a "virtual business centre" where for-eign-based and Singapore companies can make contact. It is available on
    334 words
  • Article, Illustration
    Ho Ching steps down as MD of Singapore Technologies
    435 1  -  Byt Genevieve Cua [SINGAPORE) In a surprise announcement yesterday, Singapore Technologies said its managing director, Ho Ching, will resign from today. The diversified govern-ment-owned group gave no reasons for Ms Ho's resignation but said its board of directors accepted it with
    435 words
  • Article
    Ho Kok Cheong gets further 9-week jail
    205 1 (SINGAPORE] Bankrupt developer Ho Kok Cheong has been sentenced to an additional nine weeks' jail by the Court of Appeal for leaving Singapore more than 300 times without permission from the Official Assignee. This is on top of the three weeks that Ho
    205 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      135 1 DfSZDE mafrJr sag $100,000 premium Why buyers are willing to pay the extra for a resale HDB executive apartment, Pes MBWETMPB October, pg 2 Little surprise. rW, pg 17. A disappointment. Chairman and MD Chen Mun had expressed optimism in annual report released in July. Mrthn to'tL ap with Brian's
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    • Advertisement
      Page 1 Advertisements Column 2
      10 1 Cyberway plolu Digital to set up network centre, Pg 2
      10 words
    • Advertisement
      Page 1 Advertisements Column 3
      128 1 l] OUB RenoPlus is the only home renovation loan smart enough to help you save money. You'll pay one of the lowest interest rates I in town at Prime* 3% p.a. (monthly rest). You'll also i earn an extra 2% interest on your Multi Link deposit, up to your RenoPlus
      128 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Exports of Singapore-made goods up 15.9% in October
      431 2  -  Latest trade figures point to strong export growth until the first half of next year By i Genevieve Cua EXPORTS of Singapore-made goods came off earlier highs but still rose a healthy 15.9 per cent in real terms in October. Analysts said
      431 words
    • Article, Illustration
      Lock icon Goh Keng Swee trilogy hits the bookshelves
      388 2  -  By, Anna Teo HE and his Old Guard colleagues were "the few members of a vanishing breed of political leaders" who wrote their own speeches and papers. And at 77, former minister Goh Keng Swee is still busy writing mostly for academic journals
      ARTHUR LEE  -  388 words
    • Article
      Excerpts from Dr Goh's speech at the launch
      706 2 We have been so busy in W work in the last 35 years that we hav* overlooked one important outcome: we have achieved in 35 years what it took Britain more than 150 years to do. We have caught up with her
      706 words
    • Article, Illustration
      Lock icon Building materials costs rising
      346 2  -  EYE ON THE ECONOMY Construction By\ Siow Li Sen BUILDING materials prices, a leading indicator of inflation, have risen sharply in recent months. The building materials price index in September is up 2.3 per cent year-on-year, based on preliminary figures from the Construction Industry Development Board.
      Source:; BCRUZ  -  346 words
    • Article
      Cyberway picks Digital to set up network centre
      237 2  -  Digital will provide hardware, software consultancy and support services ft/. Jennifer Lien CYBERWAY, Singapore's third Internet access provider, has chosen Digital Equipment Singapore to provide hardware and software for its network operations centre. Under a deal signed yesterday, Digital will also provide
      237 words
    • Article
      Lock icon New measures to boost family unit
      323 2 Expanded network of centres to spot families in trouble and provide help The Straits Times A PACKAGE of measures will be implemented to ensure that families remain strong in Singapore, and those in trouble receive help. Coming up is an expanded, coordinated network of
      The Straits Times  -  323 words
    • Article
      Singaporeans' local spending via Visa card up 19% to US$2.6b
      331 2  -  Frornl Siow Li Sen in Brisbane SINGAPOREANS lifted their local spending on Visa cards 19 per cent to U552.62 billion (553.7 billion) in the 12 months to September. And their overseas spending on Visa grew an even faster 32 per
      331 words
    • Article, Illustration
      Lock icon Winners of the Entrepreneurship Excellence Award
      251 4  -  ASA's Jimmy Chew and Henry Koh of M&yfr&n named top businessmen Reports by. Ang Wan May TWO local businessmen Jimmy Chew of Advanced Systems Automation (ASA) and Henry Koh of Mayfran International clinched the 1995 Entrepreneurship Excellence Award yesterday. Sponsored by Nanyang Technological University's
      THE STRAITS TIMES  -  251 words
    • Article
      Turnover for ASA to double this year
      285 4 JIMMY Chew expects turnover for his chip-making machinery company to double to $80 million this year and to reach $500 million in a few years. The company Advanced Systems Automation Group of Companies (ASA), produces automatic moulding machines used in the semiconductor industry
      285 words
    • Article
      Mayfran's sales set to hit $18m, with profit surging to $2.54m
      302 4 IT WAS 18 years ago when Henry Koh, now executive chairman of Mayfran International Ltd, began his pillowmaking business with only $12,500. This year, his company is expected to ring up sales of more than $18 million. Mayfran is
      302 words
    • Article
      Closer economic ties for S'pore and KL: BG Lee
      280 4  -  By I Chuang Peck Ming SINGAPORE and Malaysia will move towards closer economic interaction in the coming years. Deputy Prime Minister Lee Hsien Loong has told a Malaysian current affairs weekly. Their social and political systems are different, he said in
      280 words
    • NEWSRoundup
      • Article
        PAP bi-annual convention this Sunday
        74 4 THE People's Action Party's bi-annual convention will be held this Sunday at the SLF Auditorium. The theme is "The Challenges Ahead". Five papers will be presented at the closed-door session racial and religious harmony; income distribution; regionalisatjon and the rights and duties of Singaporeans living
        74 words
      • Article
        Lock icon Frozen poultry imports on downtrend
        60 4 Reuter [WASHINGTON] Singapore's frozen poultry imports have fallen this year and may not rise for most of 1996, a US agriculture attache has said in a report Singapore's consumption of fresh chicken, supplied from west Malaysia, had risen in recent months, causing the drop in
        Reuter  -  60 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      89 2 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      89 words
    • Advertisement
      Page 2 Advertisements Column 2
      67 2 Venturing overseas? Finance Scheme, your "cosb-for-Struts fa responsibility (or bad debts? Weaboheipto arfyouraciminisfrtfive M) international groups. And if you To find out bow we con sboolder your qualify under Ate local Enterprise export risks worldwide, coll us. •iMtrtM rrna mkjta M chmp. £3 DBS FACTORS CALL 225 6388 Or drop
      67 words
    • Advertisement
      Page 2 Advertisements Column 3
      28 2 r?Tgi FACT. ■Ml REAL-TIME ACCOUNTING SOFTWARE Prices are going up on Ist Dec —Training on first-come-first-served basis! WorldWldeWeb httpi/www fact.com sg E-mail info 0 fact.com.sg Toll Ftm 1800-*****32
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      329 3 It's too good to be true. A cor that offers the comfort while cruising on the expressway. Dual airbags, ABS, A thejapanese a (A CAR v\OF THE/ J and prestige of a luxury car, with the spaciousness and and a highly rigid construction ensure that it meets the \\yEAR// \Y94
      329 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      288 4 Super BusinessfHas&nowcffers a supaawide 82-inch seat pitch! < M S--82 inches New extended Seat it h ill '"J" J" 1 1 11l II I 1.. 1,1 f Super Business Class to Tokyo. m SSi i'Yto 1 1 Average seat pitch in <~ i 111 ft l i■ll m i 2ft
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Premiums here to stay
      647 5  -  HDB BBgilß MARKET: VALUATION OF FLATS Increases fuelled by sustained rise in resale prices as govt boosts HDB ownership, say agents By< Abdul Hadhi [SINGAPORE] WHILE the valuation of a piece of property in the private residential market is often close to its price, the same
      CHRIS LOH  -  647 words
    • Article
      House Hunt
      343 5 HDB transactions fhm October 1. 1995 Jiff total Contract BalK-in PHm U U M ok pGhinMobRd 10 17-Nor 763 143 190 12 3i-0et 781 160 m 10 788 118 196 AngMoKloAiet SO 9-Nov 785 ISO 118 BowMyAw n !4-Nw 768 108 18? KMiUingUne 28 1 Wfav 788 98
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      73 5 On most machines, Windows NT is a DAY I system. on the Alpha XL Personal WJ I Workstation, it becomes the fastest, most powerful H DC system LLPC I mmM the business. Crushing deadlines, crunching numbers and processing graphics unprecedented strength and agility. For more .2 JJF'w wW' bdbddbd information,
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  • SOUTH-EAST ASIA
    • Article
      Strong show of unity expected at Umno meet
      430 6  -  KUALA LUMPUR Anwar likely to set the tone by declaring support for Mahathir before 1,900 delegates By: Ho Kay Tat UNITED Malays National Organisation (Umno) leaders are expected to put up a strong show of unity during the party's four-day annual national
      430 words
    • Article, Illustration
      Lock icon Suu Kyi may boycott meet
      44 6 [YANGON] Myanmese dissident Aung San Suu Kyi addressing a press conference in the yard of her house yesterday. She warned that her main opposition National League for Democracy could boycott Myanmar's National Convention to be held on Tuesday. AFP
      AFP  -  44 words
    • Article
      Lock icon PNOC seeks partners for US$600m factory
      118 6 MANILA Bloomberg Business News STATE-OWNED Philippine National Oil Co said a subsidiary has approved the formation of a consortium to build a US$6OO million (SsB46 million) petrochemical plant. In a statement, PNOC Petrochemical Development Corp said it will choose from among six foreign companies
      Bloomberg Business News  -  118 words
    • Article
      Lock icon High court overturns ban on Tempo magazine
      220 6 Lawyers say decision confirmed bnt not announced yet Reuter AFP [JAKARTA] A court has overturned a ban on Indonesia's oldest and highly regarded political magazine Tempo, its representatives and a local newspaper said yesterday. The Kompas daily said the Jakarta Administrative High Court
      Reuter; AFP  -  220 words
    • Article
      Lock icon Vietnam may allow foreign broking tie-ups
      204 6 HANOI FT VIETNAM is considering allowing foreign stockbrokers to enter into joint ventures with local companies to trade on its planned bourse and is comfortable with foreigners holding 49 per cent stakes in them, a senior official at the country's central bank said yesterday.
      FT  -  204 words
    • NOTEBook
      • Article
        Lock icon Suharto to name Aussie ambassador soon
        57 6 AFP [JAKARTA] President Suharto announced her® yesterday that he would soon choose an ambassador for the vacant Anafrallanamh^nmntnrialpnaHny H»pnrtWha«w vacantsince July when Jakarta withdrew its ambassador designate Lt Gen Herman Mantiri following a fUrore in Australia which erupted over the general's 1902 comments thattho
        AFP  -  57 words
      • Article
        Lock icon Taiwan can't attend Apec summit: Ramos
        82 6 AFP [MANILA] President Fldsl Bamos confirmed yesterday that the President ofTaiwan would not be allowed to attend the next Apec summit, to be held in the Philippines next year, due to China's objections. Mr Ramos said that the question oCTaiwan's representation at the summit
        AFP  -  82 words
      • Article
        Lock icon Vietnam starts on-line newspaper
        78 6 AFP [HANOI] Vietnam has launched an electronic newspaper that will provide readers with several daily bulletins. E-News will provide readers with four bulletins a day eC news in English and Vietnamese from the state-controlled Vietnam News Agency (VNA), government ministries and other official bodies, the Tuoi
        AFP  -  78 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      299 6 ■nHniiii^ni^HnniHinin >< >>> *<«>•• v<>- i &'aivS*K,. >Vl'vvi* WH r Ji r II i, L B 1, h^hS /^HHHkS^^hHHI^H^H s nHHH^^^H A" 3 1 ""Y 1 ''flu The United APEC Equity Fund is a THE POTENTIAL OP APEC And if you apply between 17 Dec 1995 and WE'RE UNITED new
      299 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Calculated risk?
      432 7  -  OHIMA WATCH China's surprise tariff cut is p&lnfal but necessary By i Lu Ning CHINA'S announced tariff cut surprised many. By the end of 1997, the nation's overall tariff level would have been lowered from the current average of 35.9 per cent to 15 per cent a whopping
      432 words
    • Article
      Lock icon US welcomes China moves
      224 7 WASHINGTON But it needs to do more to join WTO: Kantor AFP US TRADE Representative Mickey Kantor on Tuesday welcomed moves by China to liberalise trade and foreign investment regulations, but argued that more steps were needed before Beijing could join the World Trade Organisation. "We
      AFP  -  224 words
    • Article
      Lock icon Beijing to set up shadow government in HK: official
      150 7 HONGKONG Reuter BEIJING will set up a shadow government in Hongkong to shape policy, draft bills and prepare budgets in the British colony six months ahead of the 1997 handover of the colony, a senior Hongkong adviser to Beijing said. Chung
      Reuter  -  150 words
    • Article
      Lock icon Grace period for import tax
      95 7 BEIJING Bloomberg Business News CHINA will give foreign companies one or two years before requiring them to pay import tax on capital goods, a trade official said. "There will be a grace period of one or two years, depending on the agreements signed by the
      Bloomberg Business News  -  95 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      250 7 Ifr r iS^ffwilßl^ig^Bß^Bßi BBs3^BfflH /iV THE HEART of Bangkok, reengineer branch processes at almost no time in queues. all over Thailand, customers get a call or visit our home page at one bank is doing its part to uu Formers Bank. Data handling And because the "back office" faster, better
      250 words
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  • ASIA
    • Article
      Lock icon Roh case: top Seoul firms named
      447 8 SEOUL South Korea's top four business giants gave Roh between 21b and 25b won each, says media Reuter SOUTH Korea's top four business conglomerates gave huge sums of money to disgraced ex-president Roh Tae-woo, now in custody after confessing to accumulating a US$654 million
      Reuter  -  447 words
    • Article, Illustration
      Lock icon Bombing the French with eggs
      35 8 [SEOUL] Two South Korean environmental activists throwing eggs at the French embassy in Seoul yesterday to protest France's fourth nuclear weapon test. About 30 activists participated in the protest. Reuter
      Reuter  -  35 words
    • Article
      Kizu losses will hit one trillion yen: ministry
      335 8  -  TOKYO Tokyo likely to set up US-style Resolution Trust Corp By, Anthony Rowley JAPAN'S Finance Ministry last night disclosed that the losses of Kizu Credit Cooperative will amount to over one trillion yen (5513.8 billion), almost double earlier estimates. This almost certainly
      335 words
    • Article
      Lock icon Enron awaits state govt nod to resume work on power project in India
      238 8 HOUSTON Bloomberg Business News ENRON Corp will resume work on a cancelled US$2.B billion (553.9 billion) power project in India if an agreement reached on Tuesday is approved by the Maharashtra state government, the company said. Enron
      Bloomberg Business News  -  238 words
    • Article
      Lock icon Bull penises as aphrodisiac? A load of bull, says group
      165 8 ■CANBERRA Reuter AUSTRALIA'S sex industry is attempting to stop the export of tonnes of btdl's penises to Asia because it claims they do not really work as an aphrodisiac. "The libido-enhancing claims are fraudulent in the extreme," said Robbie Swan,
      Reuter  -  165 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      108 8 Less than 0.1 of you will have a chance to own a new Holden Calais for only $146,300. Our apologies to everyone else. i i mi Biß IB J ■iWriwHlßWlM^^^^^^^^^BMMMll r t 11 "V II Hk *l!r>-&«»?gliBfl81 iKKHiSIIftiMITMIpHyIaKHBIE iHM 4 V I (P jJ HI i^^W IB V 4 I
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  • THE WORLD
    • Article
      Lock icon US trade deficit shrinks, thanks to record exports
      402 9 WASHINGTON Controversial deficit with Japan drops to lowest level in two years Reuter RECORD exports helped shrink the US deficit on trade in goods and services to US$B.35 billion (Ssll.B billion) in September, the smallest monthly gap this year. The Commerce Department
      Reuter  -  402 words
    • Article
      Lock icon Peace still on paper as Serb hardliners denounce accord
      252 9 BELGRADE AFP AS the international community began preparing yesterday to implement the landmark peace agreement on Bosnia, hardliners in the Bosnian Serb camp threatened to scuttle the deal by rejecting it outright. Reliable sources in Banja Luka, the main Bosnian Serb
      AFP  -  252 words
    • Article
      Lock icon Clinton may visit Japan in early '96
      85 9 WASHINGTON Reuter US President Bill Clinton is considering rescheduling his cancelled trip to Japan for early next year. White House spokesman Mike McCurry said on Tuesday: "We're trying to square away this Japan trip. Right now it's under consideration for after Jan 1."
      Reuter  -  85 words
    • Article, Illustration
      Lock icon A historical moment
      41 9 [NEW YORK] Traders on the floor of the New York Stock Exchange gathering around monitors while others eat lunch as the Dow Jones Industrial Average topped 5000 for the first time in its history on Nov 20. APF
      APF  -  41 words
    • Article
      Lock icon US-EU free trade zone talks premature: official
      321 9 WASHINGTON Dec 3 summit to focns on cooperation in several other areas AFP A TRANSATLANTIC free trade zone grouping the United States and the European Union would be "useful and important", but neither side is ready to begin talks on the matter at
      AFP  -  321 words
    • Article
      Lock icon Canada to ease foreign broadcasting curbs
      223 9 OTTAWA Reuter THE Canadian government intends to relax its restrictions on foreign ownership of Canadian broadcasting and cable companies, a source close to Canadian Heritage Minister Michel Dupuy said. Mr Dupuy was to put the changes to the federal cabinet late yesterday, and the
      Reuter  -  223 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      187 9 An Imperfect peace, Pg 11 Spirit of business survives the war, Pg 11 The Westin Tai Ping Yang Shanghai i,o Where east meets west in Shanghai, you'll find a tantalizing mix of genuine hospitality and superior service. At The Westin Tai Ping Yang, every guest is treated to a welcome
      187 words
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      Page 9 Advertisements Column 2
      166 9 > a 'Ji. 4 The rare perfection of Palelt Pkilippe at Tke H our Gl ass lioosing a timepiece i all akoul ike exquisite should 1* a relaxed and features ikal kallmarlt com forta PaleL Pkilippe in Especially our collection. After rare all, we see ourselves as PaleL connoisseurs. And
      166 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      49 10 [||TAGHeuer I ...^l—■Mia— V«?3Hr..:. J ,--g^^j|igl'iMliWff' ll 1 '"I" 1 s r r- jr..5-=_ r!- ie i- -s .r.trr -"^-tr '®IBfe_. r;' -^l^--^ r =-^^^L S cr 3r^_; 1 -—-",7-v MS §£jgs|. SUCCESS. V 4000 Series. Scratch resistant sapphire crystal. Double protection screw in crown. Water-resistant to 200 meters.
      49 words
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  • FOCUS: PEACE IN BOSNIA
    • Article, Illustration
      An imperfect peace
      815 11  -  The peace treaty will be judged by its implementation, which will be no easy task Reports from Kevin Sullivan in Sarajevo CHAMPAGNE corks popped in Sarajevo on Tuesday evening, though only in the very few places where such a rarified commodity could be found. The city greeted
      815 words
    • Article
      Spirit of business survives the war
      851 11 JEFTO Jaksic sits behind a large desk in his roomy office overlooking a Sarajevo side street. A makeshift gas stove provides heat; the fax machine runs intermittently, when there is electricity; the road outside is pot-holed with shell craters. Mr Jaksic produces a large
      851 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      363 11 MIS. The Professional Body For Your Marketing^Jee^ll__ Established since 1973, d* Marketing Institute of Singapore (MIS) is the national non-profit body /or marketing professtonab, with a mission to promote marketing a a philosophy of business. iSfe^ With 20 y ears °f Op**** <#> ur qualifications are fully recognised m Singapore.
      363 words
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      Page 11 Advertisements Column 2
      94 11 ■■2T£Br£2 Openning Hours: Mon, Tues, Sat. (9am 6pm) Wed, Thurs, Fri. (9am»Bpm) FRAMELESS IMEHZ33EZIE3IH SHOWER SCREEN I On *XT 'H Individually designed Comer-entry ideal for small bathrooms Spring tension to swing inward* outwards and No grooves on bottom tracks-easy cleaning to self close Frames anodised and powder-coated Increases sense of
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      Page 11 Advertisements Column 3
      95 11 What every successful businessman has for breakfast in Hong Kong. jpjjj Y> BrefrlffiSW <%» Have it for tea the same day in Singapore. Subscribe now to the South China Morning Post and enjoy same day delivery to your doorstep. Call 348 7838 or fax 345 9150 today. SOUTH CHINA MORNING
      95 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      We must be ready when Japan recovers
      837 12  -  THE BOTTOMLDfE OPINION By Vikram Khanna The writer is BT's regional economics editor SOME TIME in the not too distant future six months, nine months, a year from now at most the Japanese economy will start to recover. What implications will this have,
      837 words
    • Article
      IN OTHER WORDS
      99 12 'China is likely to continue protecting infant industries which are not competitive enough to face import challenges at their current stage of development' -C YHo China research head of Credit Lyonnais Securities. China announced its intention to cut most import tariffs by an average of 30per cent
      99 words
    • Article
      The Apec process takes off
      553 12 EDITORIAL IT was no coincidence that just one day after the Apec summit in Osaka concluded, central bank governors from 10 Apec nations (Australia, China, Hongkong, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines and Thailand) met in Hongkong to examine the scope for
      553 words
    • Article, Illustration
      Clinton blinks first
      928 12  -  Public backs President in standoff with Congress but he was forced to concede on balancing the budget By Leon Hadar The writer is BT's Washington correspondent JUST last week, US President Bill Clinton was showing everyone in Congress and the media that he had political guts and
      928 words
    • Article, Illustration
      MAILBOX
      507 12 Jiputiknitipbukwirdi TWO weeks ago, the Japanese Diet voted to take a giant step backwards from Japanese democracy. The Diet voted to amend the Religious Corporation Act, which was passed in 1951 to keep government out of the affairs of religion. This Act was in response to a measure adopted
      507 words
    • Article
      WHAT THE OTHERS SAY
      144 12 ANOTHER initiative is being worked out to fight drug abuse in Singapore. The Government plans to set up a centre to treat drug addiction for first-timers who turn themselves in and are willing to undergo treatment. The approach is good as the addict can still keep
      144 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      103 12 )OOHESBORY% Gary Trudeau IBY POPULAR HAPPY TV, MARK. I'M A FOR- PMM J ll I MANP, MB'RB TENERS WERE BEGINNING MER RHOPES SCHOLAR .POCTOR, W HOW ABOUT ME- 7 HEY, M CHATTING TODAY I THANKS, If ITO lOONPER. IFI'PBVER* LECTURER, AUTHOR, JOURNAL- I THAT GANG? S C'MON 5? WITH NEJL,
      103 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Superb sedan, average Lexus
      763 13  -  Those with high expectations may find the GS3OO disappointing, reports Christopher tam CHRISTOPHER TAN IT'S SHAPED by renowned Italian designer Giorgetto Giugiaro, but a handful of motoring journalists say they prefer the ES3oo's "sportier" looks. The GS3OO bears the Lexus name, but not its signature silence
      763 words
    • CHATTERBOX
      • Article, Illustration
        Lock icon Business as usual
        104 13 Reuter AFP PRINCE Charles showed no sign of strain that might have been caused by his wife's tell-all interview as he joked and mingled with the stars of the new James Bond movie Goldeneye at the royal premiere in London on Tuesday. His estranged wife, Diana, had,
        Reuter; AFP  -  104 words
      • Article
        Lock icon Drumroll, please
        95 13 UPI THE Ludwig drum set on which Ringo Starr played during the Beatles' last US concert tour in 1966 is enshrined in the US Space and Rocket Centre in Alabama. The drum set had been in storage until representatives of the space centre asked the owner for permission
        UPI  -  95 words
      • Article
        Lock icon Gary Cooper's hot letter
        99 13 UPI ACTOR Gary Cooper's prized framed letter written by the first US president, George Washington, and which had hung in the family library for years has turned out to be stolen property. The letter, written in 1777, had been stolen from Massachusetts archives nearly SO years
        UPI  -  99 words
    • Article, Illustration
      Lock icon A great time for giving
      620 14 SHOPPING Tis the season to spend freely as poor US retail sales force stores to cut prices Bloomberg Business News [NEW YORK] It's a good year to play Santa. Popular gift items like turtlenecks and toys are either on sale or at prices even a
      Bloomberg Business News  -  620 words
    • Article, Illustration
      Lock icon Bird-brained beauties
      651 14  -  FOOD Some true tales about real turkeys as Americans get set for Thanksgiving By Marian Burros NYT HOW much turkey should I buy for five Great Danes? Is it safe to feed the giblets to my piranha? How do I get my Chihuahua out of the turkey cavity?
      NYT  -  651 words
    • Article, Illustration
      Designer courses
      1067 16  -  GOLF Two of the golfing world's top names visit Bintan to see how their courses are taking shape By Eileen Chan The writer is a freelance journalist who contributed this article to BT THE arrival of lan BakerFinch and Jack Nicklaus last week to inspect the ongoing work
      1,067 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      170 13 i i colour and J The spirit of Singapore captured in a unique hotel. The 4 You'll find echoes of Singapore's I fA fSLjI heritage in our magniticent tit *iK frontage, a row of shop-houses Jgjr jfcj i restored as an integral part of "«1 V the Hotel's unique design.
      170 words
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      Page 13 Advertisements Column 2
      17 13 notices A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute.
      17 words
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      Page 13 Advertisements Column 3
      770 13 MATERIAL HANDLING ENGINEERING LIMITED I Notice of Annual General meeting i NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Pinetree Town Country Club, Balmoral Hall 111, 30 Stevens Road, Singapore *****0 on Friday, 8 December 1995 at 10.00 a.m. for the following
      770 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      768 14 z&sku. i i where to wine, dine and entertain L WORLD S LARGEST SELLING ACER 2*J6KI ENJOY SUPERIOR DELICACIES AT VERY SPECIAL PRICES! Braised Superior Shark's Fin with Crabmeat at $14.80 Braised Whole Baby Abalone in Special Sauce at $14.80 Double-Boiled Bird's Nest at $25.00 With all these wholesome, nourishing
      768 words
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      Page 14 Advertisements Column 2
      182 14 I fancy 'Beijing? I Then, we're delighted to suggest the fine Court for a memorable dining experience. Our lunch menu offers a variety of dion jtfn "Bering dumplings, a selection of ri «p set menus, and "Beijing specialities HX/T 1 such ms 'Beijing 'Baigd Tench and KL gr 'Marinated Lamb.
      182 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      627 15 -:v y Where to wine, dine and entertain /u/M i house g 17th Dec 1995 I 3.00 pm 5.00 pm I >: a A delicious spread of Christmas Goodies and Special Appearance by m Santa Claus. Adult: $18.00+++ Child $15.00+++ Make your reservations today! I can 733 2081 ext. 468
      627 words
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      Page 15 Advertisements Column 2
      32 15 ■■■■■■■■I Act now before we runout of Space For Informatipn about Business Times "Wine, Dine Entertainment" Scheme, please call: Stephanie Lee 740 1284 ft Renee Loh 740 1518 Paul Chew 740 1581
      32 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      743 15 TV&RADIO MHMBHMNM M MMI See Friday's Schedules. 1030 Life Choice. 100 PM M.O.G. as Seen on TV HHHHHHi UO pSk? touSor. M I!!.. J MO AM Youth's Corner. 1100 NN News. J2 Abbott and CosteUo. «jo What's Hot. 1U0 PM Perspectives. ltue Pascals. jjoo Good Morning Singapore. 1140 Today's Business.
      743 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      180 15 CRYPTIC CROSSWORD 30 Music D Sharp," nothing un usual at the end of the day (8) /C v 31 Rope for the horses (6) YESTERDAY'S SOLUTION nnwu 11 Gives publicity to rows in forelgn parts (6,6) iPlftkMUi If lIKM ■fll 1 You're probably surprised when 15 Lifting of spirit in
      180 words
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  • Page 16 Advertisements
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      71 16 It v; for your business. r ■If\ f What's more, you can send information by e-mail via I llw Internet and eliminate faxing costs too. Best of all. Pacific Internet makes ISDN to the I easy. Just tell us what you need and we'll do rpst ann n 9< installation,
      71 words
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  • COMPANIES & MARKETS
    • Article
      Telecom in venture to vie for Belgian operator
      255 17 [SINGAPORE] Singapore Telecom and its partners Ameritech Corp and Tele Danmark yesterday said in a joint statement that they have formed a consortium to pursue a strategic partnership with Belgium's national telecommunications operator Belgacom SA. The consortium, led by Ameritech, is competing
      255 words
    • Article, Illustration
      No fundamental reason for investors to dump Indosat shares
      697 17  -  HOCK LOCK SIEW By William Chia THERE'S a saying that in a bear market, investors tend to ignore good news and act only on bad news. And that's just what has happened to Indonesia's international telecommunications operator PT Indosat, as its
      697 words
    • Article, Illustration
      Lock icon Inno-Pac reveals sale of 20.5m shares by major shareholder
      447 17  -  List of companies queried by SES over unusual trading activity grows longer By I Shiv Taneja [SINGAPORE] The list of companies queried over significant changes in their share prices or heavy trading of their shares has got longer. Yesterday, four companies
      Source: Bloomberg  -  447 words
    • Article, Illustration
      Lock icon Hicom to hive off one or two units: president
      347 17 AFX-Asia [KUALA LUMPUR] Hicom Holdings Bhd has identified "one or two" subsidiaries that might be hived off, and may increase its stakes in others, its president Yahaya Ahmad said. He did not name the units. "If we find our presence in
      AFX-Asia  -  347 words
    • Article, Illustration
      Lock icon Powermatic Data slips into the red at half-time
      320 17  -  By] David Mok [SINGAPORE] Computer network products supplier Powermatic Data Systems sank into loss-making territory at half-time and the outlook for the rest of the year is gloomy. The main board-listed firm yesterday reported a net loss of $61,000 for the six
      Source: Bridge Info  -  320 words
    • REGIONAL COMPANIES
      • Article, Illustration
        List with us, London urges Jakarta
        504 18  -  City of London in bid to sell privatisation experience after Telkom float letdown Reports by Maggie Ford in Jakarta THE City of London yesterday launched a high-profile marketing campaign to sell its privatisation experience to the Indonesian government in the wake of last week's
        504 words
      • Article
        Jakarta to make state firms more accountable
        233 18 INDONESIA is to issue new rules improving accountability and transparency at state companies and to go ahead with its privatisation programme, Bacelius Ruru, direc-tor-general of state enterprises, said yesterday. Mr Ruru, formerly the head of Bapepam, the stock market regulator, and who will
        233 words
      • Article
        Privatisation earns Manila 170b pesos
        380 18  -  Sale of govt firms accounts for 41% of revenue From, Al Labita in Manila THE Philippines had raked in a hefty 170.4 billion pesos (559.2 billion) from the privatisation of state-owned assets, Finance Secretary Roberto de Ocampo said yesterday. In a report to President Fidel
        380 words
      • Article
        Lock icon Three top Philippine ferry operators merge
        189 18 AFP [MANILA] Three of the Philippines' top ferry operators said yesterday that they would merge in a stock swap transaction worth an estimated 5.68 billion pesos (Ss3o6 million). Publicly listed William Lines Inc, already the biggest in terms of turnover, would be the surviving
        AFP  -  189 words
      • Article
        Lock icon Telekom hoping to use PDC technology for local access
        396 18 MBT [KUALA LUMPUR] Telekom Malaysia Bhd will initially be using its cellular licence to provide wireless local access services but it does not rule out the possibility of providing mobile services later. A company official said that Telekom is trying out
        MBT  -  396 words
      • Article
        Lock icon Kejora offer 36.8 times subscribed
        178 18 Reuter [KUALA LUMPUR] The public share offer by property developer Kejora Harta Bhd was subscribed by 36.86 times, the national Bernama news agency reported. Kejora, which is planning a main board listing by mid-De-cember, had 20.58 million shares for public subscription. The offer drew applications
        Reuter  -  178 words
      • Article, Illustration
        Comfort fleet of 50 taxis ventures into Xiamen traffic
        270 18 [SINGAPORE] Transport group Comfort officially launched its initial fleet of 50 taxis in Xiamen, China, yesterday. The silver-top, red Volkswagen Santana cabs are the first of 500 to be operated by Xiamen Comfort Taxi Co. The venture is Comfort's second in
        270 words
      • COMPANYBriefs
        • Article
          ST E&E secures $4m Tibs deal
          50 18 [SINGAPORE] ST Electronic Engineering (ST E&E) has won a deal worth about $4 million to supply a satellite-based automated taxi location and despatch system to Tibs Taxis. The system, which will be launched today, was designed by ST E&E with Australian electronics firm Sigtec.
          50 words
        • Article
          Cycle & Carriage sets up NZ unit
          52 18 Cycle Carriage sets up NZ unit [SINGAPORE] Cycle Carriage says it has-set up a subsidiary in New Zealand to buy and hold a site on which a vehicle show room will be built and leased to a related company. The subsidiary* Cycle Carriage (North Shore), has a paid-up capital of
          52 words
        • Article
          Lock icon Econstates' profit fells 19%
          109 18 Bernama [KUALA LUMPUR] Econstates Bhd yesterday announced a 19 per cent fall in its pre-tax profit to M 511.9 million (556.6 million) for the year ended June 30,1995 compared with M 114.77 million last year. Releasing its unaudited results here, it said that at company level,
          Bernama  -  109 words
    • INTERNATIONAL COMPANIES
      • GLOBALBriefs
        • Article
          Lock icon Taiwan to raise stock investment ceiling
          72 19 AFX-Asia [TAIPEI] The central bank will agree to a proposal by the Securities and Exchange Commission to raise the ceiling on stock investment by foreign Individuals, currently set at US$2OO million (Ss2Bo million), the Broadcasting Corp of China cited a senior foreign exchange department
          AFX-Asia  -  72 words
        • Article
          Lock icon ANZ Banking Group's profit up 28%
          57 19 Bloomberg Business News [MELBOURNE] Australia New Zealand Banking Group Ltd yesterday said net profit in the year ended Sep 30 rose 28 per cent to Af1.052 billion (Ssl.l billion). Earnings per share after tax and one-time items rose 25 per cent to 68.9 cents
          Bloomberg Business News  -  57 words
        • Article
          Lock icon Carter Holt Harvey gets exempt status
          57 19 Reuter [WELLINGTON] Carter Holt Harvey Ltd yesterday said it has been granted exempt foreign company status by the Australian Stock Exchange, effective Nov 20. With certain exceptions, companies with exempt foreign company status need only comply with the rules of their "home" exchange to
          Reuter  -  57 words
        • Article
          Lock icon Omron Corp chairman dies
          21 19 Reuter [TOKYO] Omron Corp chairman Takao Tateishi, 63, died of heart failure at a Tokyo hospital yesterday.—Renter
          Reuter  -  21 words
        • Article
          Lock icon Tax coup for Viacom
          74 19 Bloomberg Business News [WASHINGTON} Viacom Inc on Tuesday filed final details for the planned sale of its cable television systems to Tele-Communications Inc in a transaction valued at U552.25 billion (553.15 billion). The unusually structured sale is a coup for Viacom chairman Sumner Redstone. His firm
          Bloomberg Business News  -  74 words
      • Article
        Lock icon S'pore businessmen take over listed NZ company
        169 19 Reuter [WELLINGTON] Singapore businessmen L S Tan, William Hum and Tony Ng have taken over listed shell company Roller Mills Fashions Ltd. The new owners said its operating assets are cash and in-terest-bearing debt, which will allow the business to operate at close
        Reuter  -  169 words
      • Article, Illustration
        Lock icon Hopewell shares hit 2-year low, then recover
        305 19  -  Latest selloff follows SCMP report that dispute could slash Cepa's earnings From Quak Hiang Whai in Hongkong GORDON Wu's Hopewell Group continued to come under pressure as analysts and investors feared a cash squeeze on the Hongkong infrastructure group and more trouble ahead
        Source: Bloomberg; BCRUZ  -  305 words
      • Article, Illustration
        Lock icon Qantas proposes stock restructure
        405 19 Airline may create separate class of shares for foreigners Bloomberg Business News [SYDNEY] Qantas Airways Ltd said a separate class of shares may have to be created for foreign investors who own the Australian airline's stock. "There is a very high likelihood" that shareholders will have
        Bloomberg Business News; AFP  -  405 words
      • Article
        Lock icon Coles streamlines sprawling businesses
        179 19 Bloomberg Business News [MELBOURNE] Coles Myer Ltd, the largest retailer in Australia, has reorganised its main operating arms, combining its sprawling businesses into two divisions. This comes as Bob Dalziel who, until today, headed the company's discount store business, quit to become managing director of transport
        Bloomberg Business News  -  179 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Takeover talk fans rise in C&W, HK Telecom shares
        473 20  -  Speculation prompted by board asking rh airman anil chief executive to leave Cable t Wireless From Neil Behrmann in London SHARES of Cable Wireless and its subsidiary Hongkong Telecom soared on market speculation that they were targets for a bid. The
        473 words
      • Article
        Lock icon Microsoft, Visa alliance on Internet credit card charges cracking: report
        360 20 Reuter Bloomberg Business News [NEW YORK] Microsoft Corp and Visa's alliance for making credit card charges on the Internet is having some difficulties and may mesh its technology with a competing standard, USA Today reported. Banks that issue Visa cards
        Reuter; Bloomberg Business News  -  360 words
      • Article
        Lock icon German giants join hands with US firm in online service
        321 20 The alliance will directly compete with Microsoft in cyberspace Bloomberg Business News [BONN] GERMANY'S biggest media and telecommunications companies on Tuesday joined forces with the world's largest online services company in a bid to head off domination of cyberspace by
        Bloomberg Business News  -  321 words
      • Article
        Lock icon Nippon Telephone and Telegraph interim pre-tax profit leaps 257% to 126.7b yen
        199 20 AFP Bloomberg Business News [TOKYO] Japan's Nippon Telephone and Telegraph Corp (NTT) said yesterday that parent pre-tax profit surged 257.2 per cent from a year earlier to 126.77 billion yen (Ssl.7 biUion) in the six months to September.
        AFP; Bloomberg Business News  -  199 words
      • Article
        Lock icon Granada makes surprise £3.4b bid for hotels firm
        382 20 TV, leisure group was expected to expand in the media sector Reuter [LONDON] British television, leisure and rentals group Granada yesterday launched a £3.4 billion (557.4 billion) hostile bid for hotels and catering firm Forte pic, catching by surprise investors who had
        Reuter  -  382 words
      • Article
        Lock icon Daiwa to report profits, offsets US$1.1b bond loss by selling stocks
        263 20 Bloomberg Business News [TOKYO] Daiwa Bank Ltd will report a profit tomorrow by offsetting its US$l.l billion (Ssl.6 billion) New York trading loss with proceeds from the sale of stocks and real estate, and by scaling back the amount
        Bloomberg Business News  -  263 words
      • Article
        Lock icon Westinghouse gets govt green light for US$5.4b CBS takeover
        233 20 Bloomberg Business News [WASHINGTON] Westinghouse Electric Corp cleared the final obstacle to becoming the nation's largest broadcasting company, winning federal approval for its proposed US$5.4 billion (557.6 billion) takeover of CBS. The Federal Communications Commission, at a special meeting yesterday, approved
        Bloomberg Business News  -  233 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bangkok Bank may raise lending rate again
        401 21 H*wk'g miniwinm overdraft rate raised to 14% on Tuesday, other banks expected to follow Bloomberg Business News [BANGKOK] Bangkok Bank pic, which on Tuesday raised its minimum overdraft rate a quarter percentage to 14 per cent, may further increase interest rates early next
        Bloomberg Business News  -  401 words
      • Article
        Lock icon Overhaul at Goldman Sachs after 25 years
        389 21 Move not part of plan to help investment bank go public FT [NEW YORK] Goldman Sachs has carried out the first overhaul of its management structure in 25 years, signalling a response by Wall Street's last big private partnership to one of the
        FT  -  389 words
      • Article, Illustration
        Lock icon Opec ministers meet
        59 21 [VIENNA] (From left) Opec deputy general secretary Ramzi Salman of Iraq, general secretary Rilwanu Lukman of Nigeria and Opec president Jose Arrieta of Venezuela posing for photographers before the start of the regular year-end Opec ministers' meeting on Nov 21. Mr Arrieta said the group's output discipline
        AFP  -  59 words
      • Article
        Lock icon US banks tightening up on consumer lending
        158 21 Bloomberg Business News [WASHINGTON] US banks, facing a rise in consumer loan delinquencies, are adopting more conservative lending standards, the Federal Reserve said on Tuesday. Consumer loan demand has also slowed, according to the Fed's latest survey of senior loan officers at 83
        Bloomberg Business News  -  158 words
      • Article
        Lock icon Some Japan banks may collapse, says expert
        189 21 Reuter [NEW YORK] Japan Economic Institute of America president Arthur Alexander warned that some Japanese banks may be in danger of going under, even though the banking system is not likely to collapse. "We may see a bank meltdown, but not a system
        Reuter  -  189 words
      • Article, Illustration
        Lock icon Thai baht still seen as attractive beyond short term
        351 21 Knight-Ridder [BANGKOK] Forget the pressing inflation and widening current account deficit. Economists and traders still see the Thai baht as an attractive medium to long-term currency. Strong economic growth, high interest rates, increasing trade flows and good opportunity to make profits
        Knight-Ridder; Source: Bloomberg; BCRUZ  -  351 words
      • Article
        Lock icon Opec faces up to weak oil prices, quota busting
        297 21 ENERGY REPORT Reuter [VIENNA] Opec ministers entered a closed session of their conference yesterday, near consensus on a production freeze and vowing to confront the quota-busting often blamed for weak world oil prices. The 99th ministerial conference of the Organisation of
        Reuter  -  297 words
      • Article
        Lock icon CURRENCY REPORT
        158 21 AFX-Asia AFP London THE dollar was slightly higher in midafternoon trade on the release of a much lower-than-expected US trade deficit with Japan. The trade deficit with Japan fell to US$4.3l billion (556.07 billion) in September from US$5.ll billion in August. The overall deficit in goods and services
        AFX-Asia; AFP  -  158 words
      • Article, Illustration
        Untitled
        1206 21 DITBBBIWI CPMtlWtfT EATB8 4pm, Nov Afakist S$ A«*lost yS5 AfaiastSS A«alnstUM ClTMKlti M Offor"~ M TOT CWTMKlm IK OffOT W Oflor French franc 29.0587 29.0823 4.1576 4.8581 Locai dollars to one unit of foreign currency: HOAffcMf dollar WX5 18X7 7.733$ 7.7345 Australian dollar ***** ***** 0.7422 0.7427 Moaasia rapiah 0.0*19
        1,206 words
    • COMMODITIES&FUTURES
      • Article
        COMMODITYReports
        816 22 [KUALA LUMPUR] Tin price rose 13 sen to M 516.05 a kg as the market took its cue from London, traders said. "Demand is strong. Buying emerged from Europe, Japan and Malaysia due to the rise in London," a trader said. Turnover increased to 202 tonnes from 82 on
        816 words
      • Knight-Ridder Commodity Summary
        • Article
          China refined copper imports soar 162%
          63 22 (HONGKONG] China's imports of refined copper soared 162 per cent in October compared with September, according to customs data. Imports of refined copper were 19,239 tonnes in October, up from 7,340 tonnes in September, customs said. Refined copper imports were 85,830 tonnes in Jan-Oct,
          63 words
        • Article
          Iran holds trade talks with India
          130 22 [NEW DELHI] An Iranian buying delegation yesterday discussed with Indian officials the purchase of rice, wheat and white sugar, the government said. A nine-member Iranian team, headed by H N Shirazi, a senior deputy minister of commerce, yesterday met Ajit Singh, India's Food Minister.
          130 words
        • Article
          Castle Energy to sell Indian Refinery
          113 22 [NEW YORK] Castle Energy Corp announced yesterday that it has entered into an agreement to sell certain assets of the 86,000 barrel-per-day Indian Refinery in Lawrenceville, Illinois, to American Western Refining, a company formed by Gadgil Western Corp. The refinery is owned by Indian
          113 words
        • Article
          Russian oil firm outs production
          111 22 [MOSCOW] One of Russia's leading oil and gas companies, Nizhnevartovskneftegaz, has reduced its operations and laid off personnel in a bid to pay its multi-billion debt to the federal budget, said the Interfax News Agency. The company has also taken other "extraordinary measures" to pay
          111 words
        • Article
          Nestle says price swings hurt sales
          108 22 [VEVEY, Switzerland] Wide fluctuations in green coffee prices hurt Nestle product sales in 1995, but are seen having less of an effect on 1996 figures, officials said yesterday. Nestle sales volume grew 3 per cent in the first 10 months of 1995, with especially
          108 words
      • Article
        Lock icon Heilongjiang bans bean movement outside its borders
        1159 22 Reuter [HONGKONGJ Supplies of soybean meal remain tight in China and the country's biggest producing province, Heilongjiang, has banned the movement of beans outside its borders, traders said. Traders said the Taiwan subsidiary of Thai conglomerate Charoen Pokphand had announced a tender for
        Reuter  -  1,159 words
    • Article
      COMMODITY PRICES
      1288 22 81C0M FUTURES Nov 22 RUMCI (Mm ctotef as at SJOpaO RSS1 CONTRACTfS cMti/kf) ClOM VotooM Opto Mwtfc Low Sttt (to—) totorost Itoc 95 237.00 236.00 235.50 250 850 ton94 234.50 234.50 234.50 250 2000 Foft 94 234.50 234.50 234.50 50 1525 Iter 96 234.50 234.50 ***** 50 1425
      1,288 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2125 23 •144.48 STOCKS fell on concern computers won't sell as well as expected during the Christmas season. "Last year, everybody wanted a multi-media PC in their stocking. This year, they're looking at other things," said a dealer. The Nikkei Average fell 144.48 points to 18,239.84. The Nikkei 300 Index declined
        2,125 words
      • Article
        Sydney
        633 23 ♦&> Shares closed firmer, buoyed by a record performance on Wall Street and rises in key resource stocks. "There have been nickel discoveries which have boosted resource stocks," o broker said. "The Dow Jones was also up a lot last night and News Corp continued to perform strongly." The
        633 words
      • Article
        Manila
        337 23 -*•16.09 Share prices closed higher as investors fished for bargains after sharp decline last week triggered by rising inflation and the exit of foreign funds. "Nothing has changed fundamentally but everything is a bargain now," said a trader. The PSE Composite Index gained 16.09 points to finish at 2,268.33.
        337 words
      • Article
        Taipei
        345 23 ♦7.60 Share prices finished higher in hesitant trade, propelled by strong performances among construction and textile shares. "Most investors remained hesitant to take action ahead of the Dec 2 parliamentary polls," said a trader. The 321-issue Weighted Price Index advanced 7.60 points to 4,629.27. Turnover was 581 million shares
        345 words
      • Article
        Seoul
        539 23 ■*•3.06 Stocks rose after three days of declines on expectations that the government will limit its probe into former President Roh Tae Woo's slush fund scandal to keep it from hurting the economy, traders said. In a regular meeting yesterday, Cabinet ministers and ruling Democratic Liberal Party leaders discussed
        539 words
      • Article
        Wellington
        412 23 -L19 Stocks were steady as falls by shares in foresters on concern over pulp and paper prices, offset gains by Telecom, led higher by US optimism. Fletcher Challenge and Carter Holt Harvey fell, spurred by revisions by US analysts to lower earnings estimates for a number of foresters. "People
        412 words
      • Article
        Bombay
        108 23 ■eu7 Widespread buying by stateowned investment institutions lifted the BSE index above 3,000 at close, from an early slump, but the market still showed sharp losses in volatile trade. The 30-share BSE Index finished down 61.17 points at a provisional 3,001.52 after plunging to 2,977.95. The 100share National Index
        108 words
    • WORLD STOCK MARKETS
      • Article
        London
        598 23 ♦aa3 SHARE prices closed sharply higher, with a firmer Wall Street and takeover activity boosting the market. The FT-SE 100 Index closed up 28.3 points at 3,632.4. Volume was 770.8 million shares. Dealers said the market was supported throughout the day by Granada's bid for Forte and speculation of
        598 words
      • Article
        New York
        742 23 +2L68 Stock prices were sharply higher in early pre-thanksgiv-ing trading as investors continued to satisfy their hunger for blue-chips. The Dow Jones Industrial Average, which jumped 40.46 points on Tuesday through the 5,000 barrier to its highest level on record, was ahead another 21.68 points to 5,045.23 at
        742 words
      • Article
        Untitled
        375 23 to tool COT mt$ la US) %*r %4f %yr %9* »—II WM C>—9» CtlHf CllHf CHHf Cl>n» OMUI ***9hm <a «t4 <i!o 109 ao 3j wt 5TU -0.2 2.0 0.0 u ai 44 ifg* S#7-0 M M W M ft? ?*TL 01 xr a 0.1 ■<» «*j Oil -43 ao
        375 words
    • Article, Illustration
      Lock icon HONGKONG
      2482 24 Reuter Q Hang Seng +49.52 STOCKS closed moderately higher yesterday on active bargain hunting encouraged by overnight gains on Wall Street, brokers said. The Hang Seng Index added 49.52 points to close at 9,501.61. The index was up as much as 118 points in the afternoon session before profit
      Reuter; FRANCIS  -  2,482 words
    • Article, Illustration
      Lock icon CHINA
      702 24 Reuter n Shanghai B Share Index -OJ3 SHANGHAI B shares ended lower, dragged down by selling aimed at electrical appliance makers, seen as most vulnerable to China's plans to slash import tariffs next year, brokers said. The B Index lost 0.33 point to 50.37 on thin volume of 3.9
      Reuter  -  702 words
    • Article, Illustration
      Lock icon BANGKOK
      1178 24 Reuter P SET Intel ♦HM STOCKS closed higher as investors were in a buying mood while a meeting between partners in the seven-party coalition government was in progress. The SET Composite Index finished up 19.94 points at 1,226.07 on 6.4 billion baht turnover. Gainers overwhelmed decliners 241 to 78
      Reuter; ALLAN  -  1,178 words
    • Article, Illustration
      Lock icon JAKARTA
      1081 24 Bloomberg Business News 13 Composite Index *4.70 INDONESIAN stocks made their largest one-day gain in more than two months as investors focused on expected average corporate earnings growth of up to 30 per cent this year. The Composite Index rose 4.70 points to 458.75. The last time the index
      Bloomberg Business News; BCRUZ  -  1,081 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares surge as locals join rush to buy
        6981 25 KUALA LUMPURReports Bloomberg Business News n Composite Index *17.79 STOCKS rose 1.94 per cent as local investors followed foreigners' lead and bid up shares, after the main index fell 7.7 per cent in three weeks. "With the institutions' interest, we are seeing
        Bloomberg Business News; ALLAN  -  6,981 words
    • WARRANTS&OPTIONS
      • Article
        PJ warrant rights worth watching
        3604 26  -  WARRANT WATCH By] R Sivanithy AMONG yesterday's top percentage gainers were several Malaysian warrants Bandaraya, Hexza, MBf Capital, Johan and Multi-Purpose illustrating the gearing benefits the instruments offer as well as indicating these lower-priced warrants may be making a comeback. Yesterday also saw the listing
        3,604 words
    • Article
      CLOB INTERNATIONAL
      2187 26 mmmmmmmmmmmmmmmmmammmm Or Or IMS LMl Vol Day Lot Ouota M) Mv NO M Cap High Law Stwa Camparty Sola COOP) High Law ggr laMar H CNr P/K W 471 84 a 5000 AISB50C 40* c4 «4 2*2 40* 312 402 404 5.0 4.1 0.4 M4 4*4 127 70.5
      2,187 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1896 27 TUMOVU (*000) VAltff (*000) wt> cn» thx turn ci» r«m MMM ***** 30,095 53,49* 124.90* 45,4*0 "0,444 nMOC* 34*7 12,154 15,523 31.845 23,075 54 960 H««* >.402 2.420 3422 4, *40 3.BJ 7491 Proo«rUM «4H 13,122 19,933 ***** MMW3 ***** Ptantattor 7,935 7.935 *£5 MMHf 4,412 4.412 ***** *£547 M.W
        1,896 words
      • Article
        MAIN BOARD
        4174 27 Or Gr M Wt mm Last Vo4 Day Last Oust* Mv Dlv Vld Net Cap Av« Mt g» Law StW Company Sala COOP) HHH Law Buyer Sailer CNr P/I Sir* Price MMSTMALS 210 176 S Ac«r 50c US181 »1 46 181 181 181 162 12 J 299.6 490
        4,174 words
      • Article
        SESDAQ
        905 27 Or Or M W1 *993 Last V«l Day Last Owtl Mv Wv VM Nat Cap Avf H>9»i Lai StMa Campany »a>a (*000) Law Buyar SaMar C*w It P/E $m» WW SCSOAQ 322 40 a 2000 ABR Hidqs Sc 292 -5 279 299 291 292 294 18.0 6.9 0.3 63
        905 words
      • Article, Illustration
        Lock icon HOT STOCK
        66 28  -  -By] Paul Leo Asia Pacific Land met resistance at 80 cents yesterday. But this barrier will be broken as yesterday 's 6.5-cent rally was accompanied by a sudden surge in buying 3.17 million shares changed hands. Weekly and monthly RSI are near oversold while momentum indicators are turning
        BCRUZ  -  66 words
      • Article, Illustration
        Shares up but too early to talk of sustained rally
        909 28  -  STOCK MARKET COMMENTARY Institutional buying continues but Sesdaq stocks suffer as blue chips and Malaysian counters pick up momentum By R Sivanithy [SINGAPORE] A continued trickle of institutional money into blue chips on both sides of the Causeway and a
        909 words
      • ON THE GRAPEVINE
        • Article
          Sembawang's exclusive meeting
          79 28 SEMBA WANG CORP is quietly holding an exclusive meeting for selected Investment analysts and fUnd managers on Dec 15, we hear. According to one analyst, it's the Unrf where if you can't make it, don't bother sending a replacement. We can only speculate that the meeting is
          79 words
        • Article
          Scotts accounts Giving it straight
          68 28 THE day erf reckoning may arrive for Scotts Holdings when it releases its 1994/96 annual report, expected next week. Will its external auditors, Ernst Young, qualify the accounts for the Indian investment, the provision erf which Scotts management is still dithering over? Compared to the
          68 words
        • Article
          Focus on FCW
          104 28 MALAYSIAN brokers said renewed market talk that cable manufacturer FCW Holdings Bhd would buy a stake in telephone utility, Telekom Malaysia Bhd, spurred trading of FCW shares. Yesterday, 6.6 million FCW shares changed hands and the counter ended 62 sen higher at M 54.48. Some brokers think
          104 words
        • Article
          No need to dump these PC stocks
          126 28 MANY personal computer makers around the world caught the Jitters when US software giant, Oracle Corp, announced it will soon introduce network computers costing US$5OO (Ss7o6) or less to replace desktop PCs costing US$2,OOO-US$3,OOO. Other industry pundits, including IBM Corp head honcho Lou
          126 words
  • Page 17 Advertisements
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      110 17 BEHIND EVERT SUCCESSFUL COMPANY, THERE IS A LEUWJCO OFFICE FURNITURE SYSTEM /-f SxJSPPH t?* 3*'/ And that is true. Because Leuwico is specially designed to meet every organisation's need of creating their workplace efficiently. With height adjustable desk as one of the main features, Leuwico comes in attractive designs to
      110 words
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      366 18 m E A A JOHOR BAHRU Sm PI£WTOWG INDUSTRIAL PA K HSp I ""1 •whholo. W? I STRATEGICALLY LOCATED. I '4Hb?B&WM| OffN TO FOftflONißS. I *"2K2r 0 v*» I SIMI-D AND DETACHED FACTORIES J OOVI AMOVED FOt MEDIUM I I ppjp|^pß 1 v ff?rr I w* jyu 'wf jß.Bi§pG patah
      366 words
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      82 19 •v- v y?!Nm <HBHBBfI| Text, graphics. TV or video. A Philips ProScrwn LCO projector prints them I VHHf aflwhh equal ehrfty. So you and your j i £S audience can en)oy dear and flicker-free IJ B%#> Pro Screen doesn't just project sharper H II I iBl- 4E3BHr W WT BB
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      Page 19 Advertisements Column 2
      567 19 Marketing Distribution Year 2000 Beyond: Critical Luuie<i for Succeed Chaired by Singapore Entrepreneur Extraordinaire Mr. Y.Y. Wong, Founder Croup Chairman Wywy Group of Companies •PROGRAMME,; liliM llßlillßl■lill OUTLINE 2 DR. LOUIS MARKETING IN THE YEAR 2000 j Iyy STERN (Df LOUIS W Stern) I Distinguished Professor Forces impelling me increasingly
      567 words
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      190 20 I THE UNIVERSITY OF HULL I England 1927 a INVESTMENT AND FINANCE Imba^ 13 "OVER tOOO MANAGERS AND EXKUTIVfS ALREADY P a <?. s ON HULL'S MBA PROGRAMMES IN SINGAPORE" left! Highly innovative 18-month programme First specialist MBA in Investment and Finance in the region 7 modules 336 seminar hours
      190 words
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      Page 20 Advertisements Column 2
      25 20 f, v IPMR mn Leune 180 Offices [MM Worldwide THE HEEREN Brand new office space on Orchard Road Suites from 723 sqft Tel; 225 5884
      25 words
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      360 21 PERTAMA GROUP PERTAMA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE 5513,200,000 principal amount of 3.5%, Unsecured Loan Stock due 1999 with 19,800,000 detachable warrants NOTICE IS HEREBY GIVEN THAT: 1. Pursuant to the terms of issue of the 5513,200,000, 3.5% Unsecured Loan Stock 1999, interest payment on the
      360 words
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      57 23 rfh e Finest Furniture Carved In Rosewood.l Main Showroom :72 Eunos Ave 7, Singapore Handicrafts Building. Singapore 1440 Tel: 747 7666 Fax 747 1418 Rutin*«« u«.. N .u M c «am .MM Showroom: .02* 82 .MM BuMdin,. 2 J„ r E.l. s, 2T. /V.V»MS7 y: 200pm 'OOP™ Mall Showroom: «01-23/2«
      57 words
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      20 25 ra A quick look at n the markets. For Financial News, call 19 1900-913-0001, H at 30 cents a minute.
      20 words
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      Page 25 Advertisements Column 2
      68 25 Mondial Takes d Shine Ngee Ann To add sparkle to your B r portfolio, come to the dazzling new Mondial Showroom. M Mondial. Now at Ngee Ann City. For f aU your internationally certified G.I.A, H.R.D and 1.G.1 diamonds, P*«Wip«k emeralds and other gemstones. NEW SHOWROOM. Mondial Ngee Ann City
      68 words
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      372 28 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND MARABEL INVESTMENTS PTE LTD I, GohSoo Siali, the undersigned, duly authorised representative of Algreen Properties Limited, which is benefidaly entitled to the whole of the issued shares of Marabel Investments Pte Lid. do hereby confirm that the Extraordinary General Meeting of
      372 words
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      Page 28 Advertisements Column 2
      200 28 NOT ICES MLj LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE The Directors of Lum Chang Holdings Limited ('the Company") are pleased to announce the books closure dates for the proposed first and final dividend of 2% less income tax of 27% for the
      200 words
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      Page 28 Advertisements Column 3
      392 28 LIM KAH NGAM LIMITED (incorporMtd m ft* Rapubkc at Singapore) LOST SHARE CERTIFICATE Application has been made to tie Directors of Ihe abovenamed Company to issue duplicate certificate in place of the following certificate which has been reported lost or destroyed Ne. of tkarss Certificate tee. nam of $1M sack
      392 words
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      Page 28 Advertisements Column 4
      532 28 Singapore Closing Share Prices 22/11/1995 CLOSE PREV LOW HIGH till## USS US$ US$ US$ Allif/ Jardine Matheson 5.45 5.75 5.45 5.80 Jardine Strategic 2.64 2.62 2.63 2.64 J Dalry Farm 076 076 0755 765 Hongkong Land 1.74 1.70 1.70 1.74 ■pnHHI Mandarin Oriental 1.14 1.13 1.13 1.15 EfiUUltta Jardine Strategic
      532 words
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      Page 28 Advertisements Column 5
      137 28 Game over! What's next? Call Sports News on 1900-912-0012, at 30 cents a minute. nmmnmnn LOST CERTIFICATES The following certificates for ordinary shares have been reported lost, mislaid or destroyed:Sompany CsrtNo. In 8w Name of shares Buldl Sembawang ***** Murray Richard A 1,400 Estates Limited ***** Murray Richard A 700
      137 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      311 29 Knight-Ridder Reuter TRADING remained lax on the freight market with few reports of concluded business emerging, although brokers said there were plenty of ships available and the cargoes were there, but the two just were not getting it together. Most of the action on the Biffex centred round
      Knight-Ridder; Reuter  -  311 words
    • Article
      MARITIME STOCKS
      287 29 sci tie ■wK *h HI CWT Distribution 1.44 unch 40 Chuan Hup 1.16 *0.01 39 Coscolnv 195 -0.03 44 rCLS 5.80 *0.10 319 FrMitUnk* 0.78 *0.05 482 OB HoMnqs L2« -0.03 598 HaiSunHup 0.905 unch 132 HIUcN Zesen 1.04 -0.01 68 IMCHoMn* HK 5.60 JayaHoidtags 159 unch 22
      287 words
    • Article
      Hongkong on course for record-breaking year
      380 29  -  Its 8 container terminals handled nearly 6.9 m TEUs in the first 10 months By\ Rahita Elias [SINGAPORE] Hongkong's eight container terminals are sailing full steam ahead towards another record-break-ing year. Unofficial figures from the Port Development Board show that the terminals handled nearly
      380 words
    • Article
      Lock icon US puts off plan to end shipbuilding subsidies
      328 29 KnightRidder [NEW YORK] To the dismay of the nation's European trading partners, a key US lawmaker has signalled that the US won't complete work this year on implementation of a landmark treaty to end shipbuilding subsidies, according to a Journal of Commerce
      Knight- Ridder  -  328 words
    • Article
      Asian shipowners to discuss insurance market plan
      221 29 Proposal kigh on agenda of forum set for next year (HONGKONG) The proposal to set up a hull and marine insurance market in Asia will be high on the agenda of the fifth meeting of the Asian Shipowners Forum (ASF), to be held
      221 words
    • Article
      How long will the container ship building boom go on?
      657 29  -  iinwßums By\ David Hughes A FEW months ago, Martin Stopford, managing director of Clarkson Research Studies, warned about an oversupply of bulk carriers. He cautioned owners to watch out once newbuildings exceeded 10 per cent of the total fleet, the
      657 words
    • Article, Illustration
      Venture to build first fast ferry yard in Philippines
      374 29  -  Aboitiz Transport System to team np with UK ferry builder From, Alec Almazan in Manila PHILIPPINE transport conglomerate Aboitiz Transport System and British ferry builder FBM Marine plan to build the first fast ferry shipyard in the country. The US$3O million
      374 words
    • Article
      Lock icon UK will act outside IMO on ferry safety if necessary
      243 29 Reuter [LONDON] The UK will act outside the International Maritime Organisation (IMO) to introduce new roll on-roll off ferry safety measures if a consensus agreement cannot be reached, British shipping minister Lord Goschen said. "By far the best way forward
      Reuter  -  243 words
    • Article
      Lock icon Nedlloyd, NewPort team up
      130 29 Bloomberg Business News [ROTTERDAM] Royal Nedlloyd Group NV said it had agreed on a partnership with NewPort Tank Containers lik: of the US for tank container transport services. Nedlloyd, one of Europe's largest shipping companies, said on Monday the partnership will become effective next month. Nedlloyd
      Bloomberg Business News  -  130 words
    • Article, Illustration
      Lock icon Mid-sized and profitable
      1204 30  -  UFB IK THE MIDDLE: SURVIVING BEYOND THE START-UP freight forwarder PSL has maintained its optimal size by staying clear of industry fads and has further broadened its portfolio by building strategic alliances with overseas forwarders to weather any political storms ey: Elizabeth Canna American Shipper THEY call
      American Shipper  -  1,204 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      338 30 PAGE ACL 13 ANL 3 Able 11 Accord 12 AMers 6 Ahrenfciel 4 Appenship 4 Astro 10 Austral 13 Avant 6 BSA 13 Batammdo 11 B'tang Mas 12 Bright Express 6 CCNI 4 CMA 13 COSCO 11 CSAV 3 Centenary 11 Central Ex
      338 words
    • Article
      SHIPPING GUIDE
      21836 35 ETA ETA Advertiser Vessel Voyage Pq ETA ETA Advertiser Vessel Voyage Pg SIN Dest'n Name Name No. No. SIN Destn Name Name No. No. J- mmmmmmmmmmmmmmmmmemmmmmmm$mmmKmmmmmmmmmmm 05/12 18/12 Islam Rep IRAN ADALAT PJL-1M8 S A 11/12 28/12 UASC KIA WALEEO CM6W 3 > i,,l,rfi> 18/12 04/01 UASC IBN
      21,836 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        631 43 WWl Voy Wo Berth Arrival Depart ur< 22 rW1 "2 alongside 23.11/0730 *"pMl 23.11/0900 tW*e|e« Jaya J1 alongside 23.U/1000 (IT) Sin* Mikassar 27/95 Jl alongside 23.11/0200 AllafllJaya A102 J2 alongside 23.11/0500 .AN Am* 2/95 J10 alongside 23H/W00 Batam Bahagia 11/02/95 J2 JloogsiOe 23.11/2300 11/10/95 J12 alongside 23.11/1300 Pwtpa
        631 words
      • Article
        CONTAINER SCHEDULES
        1505 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO ®OOMM«/MoiKO Rstls Ship Voy Wo Etl/tr Nrtod Frow To Frow Aci Mt 2451 23/1700 22/600 22/MM 22/1900 Ac»Utr 04* 24/23W 5 "MOO 22/MM 22/1900 22/1500 22/MM 22/1*00 WW 4 23/1200 2VMM 21/1700 MuftM 22*5 2V0700 5 22/1700 23/0459 23/0900 Q**
        1,505 words
      • Article
        GLOBAL HOLIDAY
        331 43 NOV 23 Japan: Labour Thanksgiving Day. United States: Thanksgiving Day. NOV 28 Panama: Independencia de Espana. NOV 30 Philippines: Bonifacio Day. Yemen: Holiday. DEC 1 Central African Republic, Romania: National Day. Ghana: Farmers' Day. DEC 2 UAE: National Day. DECS Thailand: King's Birthday. DEC Ecuador: Holiday, Quito only.
        331 words
      • Article
        COCKETT BUNKER MARKET REPORT
        824 43 THIS report, compiled by Cock ett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        824 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing workers reject contract, continue strike
        513 44 Union members' rejection of leaders' recommendation a blow to Boeing Bloomberg Business News [SEATTLE] Members of Boeing Co's striking union defied their leaders' recommendation and rejected a proposed three-year labour contract, prolonging the 47-day walkout that has slashed production at the world's largest aircraft
        Bloomberg Business News  -  513 words
      • Article
        Lock icon Hyundai in accord to set up US$1b car venture in India
        232 44 Reuter [SEOUL] Hyundai Motor Co Ltd, a unit of South Korea's Hyundai Group, said it has agreed in principle to set up a US$l billion (Ssl.4 billion) joint venture in India to make passenger cars from 1998. The agreement
        Reuter  -  232 words
      • Article
        Lock icon Weaker demand in West hits cargo traffic through HK
        256 44 HK Air Cargo Terminals revises its '95 forecast AFP [HONGKONG] Hongkong Air Cargo Terminals (HACTL) has revised its 1995 forecast following a slowdown in cargo transhipments through the territory last month, the air cargo terminal firm said yesterday. With October traffic
        AFP  -  256 words
      • Article
        Lock icon Taiwanese motor firm may invest in China
        139 44 Reuter [TAIPEI] China Motor Co Ltd, one of Taiwan's two biggest car makers, said it may invest US$3O million (5142.3 million) to manufacture passenger cars in China's southern province of Fujian. "We are in the midst of applying to the Investment Commission, but
        Reuter  -  139 words
      • Article
        Lock icon Merc plans to build US$6m warehouse in Mexico next year
        221 44 Bloomberg Business News (MEXICO CITY] MercedesBenz Mexico SA plans to build a US$6 million (558.46 million) warehouse in Mexico next year to improve the distribution of parts and components. The company, which manufactures cars, buses and trucks in two plants
        Bloomberg Business News  -  221 words
      • Article
        Lock icon 2nd Bangkok airport to stay at Nong Ngu Hao
        239 44 Deadline for completion extended by two years Business Day [BANGKOK] Construction of the Second Bangkok International Airport (SBIA) will go ahead at Nong Ngu Hao, but the deadline for completion will be extended by two years, said Chavalit Yongchaiyudh, deputy prime
        Business Day  -  239 words
      • Article, Illustration
        Lock icon Working hard on the railroad
        44 44 [YANGON] A construction worker carrying a basket full of stones yesterday at Yangon's railway depot. As Myanmar's economy begins to open to the outside the government has been making efforts to build up and renovate the country's infrastructure. AFP
        AFP  -  44 words
      • Article
        Lock icon Virgin Atlantic hit with civil penalty for Internet ads
        249 44 Reuter [WASHINGTON] Virgin Atlantic Airways was hit Tuesday with the US Department of Transportation's first civil penalty imposed against an airline for violations in advertisements on the Internet. Virgin Atlantic, the British carrier known for its gourmet in-flight food service and
        Reuter  -  249 words
      • LOGBook
        • Article
          Lock icon Zhuhai airport may sell 49% of equity
          100 44 Bloomberg Business News (HONGKONG] Zhuhai airport, across theborder in China from the Portuguese territory ofMacau, nay sett up to 49 per cent of its equity to foreign Investors, the South China Morning Post reported, ritfaig Zhnhat maynf f.kwg Guangda. Mr Liang said four
          Bloomberg Business News  -  100 words
        • Article
          Lock icon US-Japan air cargo talks
          77 44 Reuter [WASHINGTON] The United States and Japan wifl hold another round of air cargo talks on Nov 28-30 here, a Department of Transportation spoksman said. In non-ministerial level talks, negotiators than both Wi will meet to continue a dialogue started in July tojiteralise air cargo. In
          Reuter  -  77 words
        • Article
          Lock icon Thai Airways wants all-cargo US flights
          87 44 Reuter [BANGKOK] Thai Airways International could consider all-cargo flights to the US If it obtains Its own ftalghter aircraft, its cargo and mail director Kawin Asawachatroj said At the moment Thai operates four weekly Bangkok -Los Angeles passenger flirts, while US airlines can fly
          Reuter  -  87 words
        • Article
          Lock icon Excalibur Air Being bought over
          62 44 Reuter [LONDON] UK-based holiday charter airline Excalibur Airways said it is being bought by Bdinburgb-based jong-haul tour operator Globespan. It said that had been reached, subject to contract, with the airline's joint owners, 3i Group Pfc, Air Malta and Rxcalibur's v executive directors. No financial
          Reuter  -  62 words
      • Article
        Lock icon Ssangyong starts building US$2.6b plant
        172 44 Bloomberg Business News [SEOUL] Ssangyong Motor Co, South Korea's fourth largest automaker, has started construction of a US$2.6 billion (553.67 billion) car plant, which will produce passenger cars from 1999 with the technical support of equity partner Mercedes-Benz. A Ssangyong spokesman said a ground-breaking ceremony
        Bloomberg Business News  -  172 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1118 44 'CITY FUGHT FUGHT ETB Hanoi VM741 1310 VH740 1410 AtaOMM CA975 1335 Hatyai TC407 2105 TG408 0820 S0441 1530 1 MI895 2255 MI896 1920 Adatolda Of081 1930 Of082 2050 Ho CM VW741 1310 S0172 K)00 $0220 2045 L MlnhCtty S0I71 1450 VK740 1410 Amsterdam S0025 0645
        1,118 words
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      12 29 How a mid-sized forwarder stays profitable UK-based PSL Group's strategy. Page 2
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      Page 29 Advertisements Column 2
      343 29 Boeing workers reject contract, continue strike Blow for US aircraft maker BaokPafß Bangladesh Shipping Corporation BESS Chittagong TENDER NO. 01/95 96: INTERNATIONAL TENDER NOTICE FOR PROCUREMENT OF ONE CRUDE OIL TANKER 1. Sealed tenders are invited by Bangladesh Shipping Corporation (BSC) from Owners/Agents/Brokers for procurement of one crude oil tanker
      343 words
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      1467 30 I NORTH AMCfBCA I I OTHER DESTINATIONS 1 I NORTH AMERICA I MBBCT CALL TO WAST COAST MCJO I WEST COA«T Of C«MTR«I. AMBUCAIMAWOAWTA M»MCt) —MCTMCTWraMMnMraMaaBfi 1 wssa WT! nftSH I ma| u I o*l »a u m mi ok iit |«ncoan vtssa Ivor) mi mgl w smtu aT" ■nwraru
      1,467 words
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      Page 30 Advertisements Column 2
      257 30 ■I 1} I Line* and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National \v|firifw/ Shipping Association. For advertising enquiries, contact Stopping Times. r ei 740-2089 I -1 30 cents a minuj^^B |€59||pj||ip|k AURORA 21/11 Rdm/Atw/UK/Nantee I BELLE 21/11 RdnVAtwAJK/Nantoß I EDO 27/11 Rdm/Atw/Bmn I APIL
      257 words
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      1387 31 PACIFIC SOUTH WIST EXPRESS (DIRECT) Ivesa VOT SMETA SNAP lUU l<X«|oi STtt I BAI WOU I MTC HOI ~j AiISAKXAafIBCA 40A W/ll 10/11 M/ 11 1/11 »/11 3»/11 »1/H M/ll HUOOMACIBPGI IH 14/11 17/11 M/ 11 «/lt <*/H 07/12 07/H 01/11 "WIF mmamrm ma a/ii m/ii 10/n n/n 11/11 w»
      1,387 words
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      Page 31 Advertisements Column 2
      1942 31 HANJIN SHIPPING I USA CANADA m o« in pfs |m m pSc m of poS m pm pi pra pfs n/11 n/11 n/11 n/n m/ii "m/iT" m/h 'b/ii "57iT~ m/ii n/ii a/ii 21/11 ~M/ii m/ii ~wi~ n/n M/II M/ 11 M/ 11 H/U 31/11 01/01 11/11 01/01 01/01 11/11 30/11
      1,942 words
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      609 32 V&a VOY HAN t'OAJM ANT LHA SION PttUWG SM MS UO IYO SM (OK MAC wnwoofw &VT4T ~l7Tr~ yii ~l7il s/n ?</n H7TT~ Wim I»BBQISaamSS 77/444 VI! VII l/ll 1/11 7/11 M/ll 77/11 JO/11 4/TT" "vtT NAMiutcßWßs IsThT ~«7iT~ iq/ii t/ii 17/11 1/1? w W~ ~T~ OOAKim 4Z/445 11/11 VII
      609 words
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      Page 32 Advertisements Column 2
      1428 32 11l NORASIA I I VESSEL VOY SIN I ALG LAS BCL VAL HAM BRE ROT AHT FEL Ima m NOR HONGKONG 9547-3 HHI I*l2 I*l2 21/12 22/12 23/12 2vi2 23/12 2M2 rJ/i» z!v 1 I NORSHAAIAH 96«3 M 2 28/12 2V12 »I 2 ]1/lt Ml Ml Mt Ml M SI
      1,428 words
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      Page 32 Advertisements Column 3
      661 32 JAPAN/HONQKONQ/STRAITS REOULAR SERVICE LOADING FOR PORT KLANQ/PENANQ VESSEL VOY SPORE P6UOAM6 PK6 "Trai uranus 17 am amy i FORTUNE CUPPER 5 27 MOV MNOV 1 DONG JIN 4 21 NOV H DEC 1 CHUM KUAN if 11NOV 31 NOV 6reenphie 4 2inov fTpec" YAYASANSATU II 02OK MOK IWTRANUROS 1 M
      661 words
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      1091 33 jPV STRAITS SHIPPING PTE LTD 110 Hoe Chiang Road #11-01 Keppol Towers Singapore 0208 Tel: *****88 Fax; *****17 cmew quinea pacific uke Singapore /£ff<BS? (A SERVICE OF CHINA NAVIGATION CO) r n> no Kjjy STRAITS STAB V9606E 23 Nov 29 Nov Muan, UDuan &KM Klnaikahi J- CARAXA JNIII-22 WSl5£ 010k
      1,091 words
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      Page 33 Advertisements Column 2
      2030 33 O" R&O Containers (Singapore Agencies) Pte Ltd r« 10 Hoe Chiang Road, #07-01 Kepp«l Towers, Singapore 0208 First Class Connections WORLDWIDE T 225 2233. Teie*: rs ***** pnocsp Fax: 225 5327/222 7517 CR Number *****9 *****Z EXPORT IMPORT gjjfffr VOY 'PNO 'P*d SIN sou ANT WOT HAM OOT Hf LEH
      2,030 words
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      Page 33 Advertisements Column 3
      589 33 OUTOOUOOP PKL PEN JOH SW HKC KAO TAI Kg YOK TOK NAG KO6 OSK MOJ BUS BUXCROWN HOC 2 1011 20/11 22/11 M PORT 27/11 28/11 30/11 02/12 ~Om~ 00/12 tenT 0012 WAN HAJ223/WOlO 22/11 23/11 2VII 26-27/11 31/11 32/12 34/12 ~OST2~ ~IW W ~WI lytT" WAN HAI2II f11>34 2011
      589 words
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      1129 34 EUROPEAJK/SCANOINAVIA/FINLAND/RUSSIA I S6P ROM ANW HOG THP LHV LHV THP ROM ANW HBG PKL I SGP E. REFINE RW-OQ3 29/11 IS/12 19/12 17/12 I*l2 20/12 E. GLOWING RE-033 2S/10 30/10 1/11 2/11 3/11 27/11 21/11 I. REPUTE RW-001 2/12 2M/12 21/12 22/12 24/12 29/12 E. GARDEN RE-001 4/11 S/11 1/11
      1,129 words
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      Page 34 Advertisements Column 2
      705 34 I ■UNCMMT 0J*****W ®11 06/1* qTo £7, If!, I HUM CROWN 875-921W <BA2 12/u J™ W« I irsoa* on 2 112 Wf W» IM2 S Bun concord orum, I*2 JVIJ jjdl gfl I ■MM«cc^>qwPoHfc«Miu>N.jHaMiw»DuM l .wiia>TiwtMWftmmnowi,,,,, wMtwowiiMmafflimwcii I 1 MAURfTIUS/SOUTH AFRICA SERVICE I IuMFORTUNI MMffWl^l I ■uMFORWMO WMWf 82,12 WJ
      705 words
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      Page 34 Advertisements Column 3
      702 34 SO wSffISDMAwSEAQENCIE^aPTELT^n V TEL: *****33 (12 LINES) 9- FAX: ***** IS/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E |)3t\ ETHIOPIAN SNIPPING UNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL v °y ETA Loading for Spofe Netsanet 40WB IVI2 C btx Assab. Massawa Andbwt 42W8 15/01 Momtesa. Opxxjti
      702 words
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      Page 38 Advertisements Column 1
      501 38 KAPAL KRIS Shipping Pte Ltd I 708 DUXTON ROAD, S'POK 0»? 529 Tel: *****76 Fox: *****77 CR N0.**********0G SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 309-609 H(XK GLOMAC tUSWESS aKTRE, 10 JAIAH SS 6/1, KEIANA JAY*, P.O. MX M2i ***** PETAUNG JAYA, SOANGOK. TEL *****77/71/79 FAX: *****07 lElBt MA 3063S REGULAR CONTAINER
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      Page 38 Advertisements Column 2
      273 38 INTERMARITIMEI Jt=,, Ml tOTlO&K. Lines. Ltd. SOUTHERN AFRICA SERVICE (FO IST SFRVKE) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FM EAST DIRECT MONTHLY SAIUNGS EUROPE SERVICE VBSa/VOY SM lAHICHAIANG HONGKONG BEUIN6 "i\ Vissa KK TGM SM PK MTS DM CT TAW SNN KKU TMA FIGARO VIIB SU> SU) 24/11 tt/ll MTERMAIITIME
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      Page 38 Advertisements Column 3
      302 38 SO TELOK BLANGAH ROAD 102-02 CfTPORT CENTRE. S PORE 0409 TEL: *****11 (6 lines) FAX: *****05 TLX: BS ***** CR NO. **********0W vcssa voY.ro rro ocstwatkm IMAMUI 32AS 24/11* 2VII/K PONTUNM^MTETE MAMJKWA 37* 25/11/* 2*ll* PMiINtfIGMMTOK/ PKL. MIAN LMMM 33* 3*ll* 3All* PONTWMK ISABEL* 17* 2*ll/* 3*ll* SURAIATA«ANjMWASM/SENARANGA3REBON KAGURI 12*
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      Page 38 Advertisements Column 4
      112 38 Jr Astro Shipping Pte Ltd WEEKLY CONSOLIDATION SERVICE 1 SHANGHAI 01/12,08/12 BANGKOK 30/11,07/11 j Also peopling to othtr dtsfaofore Chino vi» Hoa|ltom__J TEL: 220-6045 (10 LINES)/ FAX: 325-4080 vu m WMI G LINK EXPRESS PTE LTD 133 N«w Bhdye Rood #1W» Oiinotowi Point t"l Singapore 0105 LINK M: 532 70M
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1797 39 CARGO TO VARNA, ODESSA AND CONSTANTS VIA UMASSOI Si»ftn'i t Bmiril 4« lull Til IBminl) ItlllH Aimer Dip I COSTAR SHIPPING PTE LTD F (f-mjjnitu cnum, msuutu cmmmt i« M «m«; IUml?. »,,717 U Wl/W. f.mZ. m bmMM tfMM O/O: «#S/M C ?m£im"!" n74t O$S $Uf Ttmtr t "/A,? Irllltllll
      1,797 words
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      Page 39 Advertisements Column 2
      874 39 ©HEUNG-A SHIPPING "(KOREAN FLAG) CB NO: **********0 M I RftlY COWTAIWf BISID SCRVKi INCHON WRKT EXPRESS SVC murhsvc I vot In«lmm| {1 I m |h» |p« Iwc [Moalioiowm I VOY IOKIW»Iat I MM 1 m acmufltca tus4o w/n u/11 on u/n y/u >i/u n /\i w/n hbjnc-a goaq sson 24/11
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      Page 39 Advertisements Column 3
      653 39 (j£ FAMOUS CONTAINER LINES jf|S 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) I DAILY SAILING TO HUNK '*11 ATTRACTIVE RATES! CALL FAMOUS FREIGHT FOR BOOKING SYLVIA KANG IVY I *****33 I P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      930 40 nrrmßMßa^HlßalMlaßa ■■nzmnHHi j VESSEL VOY SIN I JKT I |V«Tf" VOY SIN PEN lugejtci =T= 0000 EASY- 23S Fri a«11 ~ui» I M/ 11 CHU TIAN 5512 ISRABHUM ***** Frt JZVI U BHUM SM_ »m H YANTRABHUM 112N Thu In Pt Sun 28/11 AKA BHUMSfIS */77~ TT */7T CHU TIAN
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      Page 40 Advertisements Column 2
      1048 40 78 ANSOW ROAD, >21-01, SINGAPORE 0207 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANQ PENANG K2! sw PJtL VESSEL VQT I SIM PEN 435N 23T11 THU 2 VII FRI DRAGON MAS Mjj 27/11 MOW 2411 WED 2yilS T -2USAK mi 2SOM! 01/12 FRI ***** 24/11 FRI 26H1 SUN LHOTSE 5072 3CVII
      1,048 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      672 41 BSfl il M MYANMA ISBBk FIVE STAR LINE (Myoamor Notional Lino) Loadhif for Yoafoa (Roagooa) vessel vot sin pko pen pou PWYA 140W 23-27/11 SU> AVA 134W 24-27/11 J MALAYSIA AGENTS: lOUSTEAO SHIPPING AGENCIES IH 02-43-*****00 Ptt: IE 02-03-*****41 Pfft m 02-04-*****42 POO: TR 02-07-*****21/4 BANK UNE (A mvk* Aadrow
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      Page 41 Advertisements Column 2
      1064 41 ADVANCE CONTAINER LINES (PTE) LTD A I 140 CacN StrMt, #12-00, RL BuNdlng, Singapore 0106 TEL.-*****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E JAKAJtTA vesaa VOY aw 9* yt t w m an an KOTA BHiKAT MCTO6I HJll S«i Wd ilL_ WCTANTAN KIII7 26/11 21/11 Wd 03/12 V
      1,064 words
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      Page 41 Advertisements Column 3
      884 41 **********02 VESSEL VOY "»T" LE HAVRE HAMBURG THAMESPOHT ROTTERDAM ANTWERP V*-L£ OE CAPELLA TI2W 23/11 12/12 14/12 18/12 17/12 19/12 VK-LE DC ÜBRA LI2W 28/11 20/12 21/12 23/12 24/12 2^12 WU_E OE NORMA NI2W 08/12 29/12 30/12 01/01 Ofi/OI 04/01 MLLfDCCARUA CI2W 12/12 02/01 04W 06/01 07/01 08*71 ALSO ACCEPT**
      884 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      705 42 AD SINO IXPMSS SHIPPING (PTI) LTD. s A MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. I TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANOHAI (CONTAINER SERVICE) SIN/HKQ/SHAI S PORE HKQ N BHAI VESSEL VOY ETA I ETD ETA I ETP ETA ETP CHANQYING 9513/9514
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      Page 42 Advertisements Column 2
      352 42 —n TMTnmrn mrft mtT U. MAC-NELS SPORE: *****22 (24 UNES) KuoltQ:***)<244ll Cjyy VZJ aWh(OM)»W7» MAMLAmiISMI BAWKOK:(«e2)MMM7 SURABAYA: (SI) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN DAILY RECEIVING r-h.,«,/T'h.n«n*'hnim/n. s!!i 2L Si, 22/11 23/11 24/11 HKGtfKKrtEEAHH 22 S™ 24/11 25/11 26/11 HKG/BKK/KEE/KHH i 30/11 31/11 01/12 HKG/BKK/KEE/KHH 2!d? ®(1?
      352 words
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      Page 42 Advertisements Column 3
      40 42 GEMARTRANS SERVICE TO HO CHI MMH HP z s?ii NMMAM9I AI47S 94/11 19/11 HMD (NUB MM 17/11 11/11 MM 9344 19/11 O/ll MNMMM AI49S 91/11 9S/11 CAtAIA iATA MUCA HI 9M 14/11 91/11 W—My LCL —rvto« to HC>4 ■> fcOinptW— r»t—
      40 words
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      Page 42 Advertisements Column 4
      137 42 iiV MFL SHIPPING (INT'L) SSSff PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCULCL CONSOLIDATION SERVICES 1 HOT UNESs *****42/345 ACCEPTMG CARGOES TO EUROPE IASi PORTS/ SYDNEY/MEDOURNE ALSO ACCENTING FQIO USA PORTS AND CIOSS-lORDCR SfltVKI TO MEXICO ANO CANADA VESSEL VOY nMSMI^I LfIXOK 015$ 23/11 Vtssii voY rousi^i KOIA SUKIA
      137 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      62 43 I: On. f* crCe represents colm w£* W One ho* fWche 5 knots I Centre of Troptcol Depresvon, maximum wind speeds 22 —33 knots 1 Centre of Trop«ol Storm, mo»num wmd speeds 34 —64 knots <JL f movement f. Centre of Typhoon, mox«n«n w«xJ speeds 65 knots and above O
      62 words
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