The Business Times, 14 August 1996

Microfilm: NL20625
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES V MITA (P) 046/12/95 Internet' http://www.asial.com.sg/bi2times SINGAPORE WEDNESDAY, AUGUST 14,1996 li
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  • Article
    MARKET SUMMARY
    8 1 PIIMM Mm«(^) "•willmmS^ aS gSS?-_„ imlS
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  • Article
    FINANCE
    32 1 mi W I m.. i.4i4 \m tin j«fe- WW MM W, -CJ0. 1J14 ML &«I_JU(7 *9 t.i» lis liMr*^— —jum MH «WlAHlli_ IM MM i mUKBt* nZ>n MiiSJi hTi Source: Bloomberg
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  • Article, Illustration
    Lock icon S'pore investors pump more funds into US stocks
    455 1  -  Q1 purchases rose to USs7l7m compared with USss6om in Q1 last year By\ Siow Li Sen [SINGAPORE] Singapore investors' interest in US stocks grew strongly again in the first quarter after slowing in the final quarter of 1995. This has surprised brokers
    Source: Bloomberg; ALLAN  -  455 words
  • Article, Illustration
    Lock icon Tough ride ahead
    45 1 [HONGKONG] Businessman David Tong, arrested and charged with conspiracy to defraud, and his w\fe Hsu Feng, leaving the court on Monday. Two Hongkong-listed companies linked to Tong suspended trading in their shares on the Hongkong bourse yesterday. Full report, Pg 20 > SCMP
    SCMP  -  45 words
  • Article
    Lock icon US consumer price index up 0.3% in July
    157 1 Bloomberg Business News Reuter [WASHINGTON] Prices Americans paid for goods and services increased at a faster-than-expected pace during July, Labor Department figures showed yesterday. The consumer price index, or CPI, rose 0.3 per cent last month, led by rising costs for food,
    Bloomberg Business News; Reuter  -  157 words
  • Article, Illustration
    Lock icon NYSE may move out of Wall Street
    226 1 Reuter [NEW YORK] The New York Stock Exchange confirmed on Monday that it may move from Wall Street where it has been located since 1903. A spokesman said the NYSE was in the early stages of considering a possible move and was evaluating
    Reuter; JEN CHUA  -  226 words
  • Article, Illustration
    Mokhzani buys 3.9% of Goldtron
    365 1  -  By] Lee Han Shin [SINGAPORE] Mokhzani Mahathir, second son of Malaysian Prime Minister Mahathir Mohamad, has bought into Goldtron Ltd at a time when the company's share price has sunk to a three-year low. Sesdaq-listed Goldtron said yesterday that Mr Mokhzani bought 15 million shares
    365 words
  • Article
    Globe books 441 m pesos for phone account fraud
    492 1  -  SingTel-Ay&lA Philippine venture P«StS lst-h&lf l«S8 0f506m peMs From, Al Labita in Manila LISTED Globe Telecom, a Joint-venture between Singapore Telecom and Ayala Corp, yesterday said it made a onetime provision of 441 million pesos for possible losses from fraudulent phone
    492 words
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      53 1 THimm uwniPil I I L. W I QH^Kga HI certain categories seem somewhat gravity-defying, -aglwfrT i*Tmrr rgfTft if js£S£S« fiarallof Mr «*Lla£oAerwlse Mr Sukamto would not have the»>,ooQ shares to aril in Company vJryateSSm* ALFWANCE it EDITORIAL "113 UFBSTYLE...,... 14,10 TV 16 COMPANIES 1721 FINANCE 22 COMMODITIES 22 STOCKS 24-28
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      9 1 Why Oreeupta must steer a delicate course, Pg 11
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      16 1 1 he new Compaq Armada. A notebook that's so flexible, von won't need an off ice.
      16 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lower inflation in first half of year for all income groups
      340 2  -  TipM%grwq>ttw Wweot price riie rate, doe to lower tnuMfort impact Byi Anna Teo ALL income groups saw lower inflation in the first half of this year, .with the top 20 per cent group enjoying the lowest price rise rate
      340 words
    • Article
      Club 21 unit to open Calvin Klein stores
      187 2 AMERICAN fashion house Calvin Klein said yesterday it has signed an agreement with Singapore retailer Club 21 to distribute its apparel and to open 28 free-standing stores throughout Asia over the next few years. The agreement was made with CK 21 (Pty),
      187 words
    • Article, Illustration
      C&C to use balloting for latest model Mercedes-Benz SLK
      365 2  -  By Christopher Tan YOU ballot for shares, apartments, time-share facilities and primary-school admission. Soon you'll have to ballot for a car if you're buying the new Mercedes-Benz SLK, that is. At a time when most motor traders are doing their best
      365 words
    • Article, Illustration
      Lock icon Outgoing global calls up 13.2%
      269 2  -  ETEOMTHEECOMOM7 Industry By t Annette Pan OUTGOING international telephone calls grew 13.2 per cent last month compared to a year ago, and were up from 8.7 per cent in June. Latest preliminary data from Singapore Telecom show that the number of calls reached a high
      Source: S'pore  -  269 words
    • Article, Illustration
      Tanjong Rhu apartment block fetches $24m in en bloc sale
      261 2  -  By, Abdul Hadhi PROPERTY owners who sell en bloc stUl stand to make hefty gains, judging from the latest coUective sale in the Tanjong Rhu area. A 14-unlt apartment block at Tanjong Rhu Road was sold by tender for $24.17
      261 words
    • Article, Illustration
      Lock icon Hammering out a plan for a listing
      628 3  -  spotlight on fSFzy Singapore's best: By, Michelle Low SOME entrepreneurs run their businesses based on one rigid formula, without needing or wanting to change as time passes. Others evolve new mind-sets as they recognise changes in their business that require the so-called "paradigm
      ARTHUR LEE  -  628 words
    • NEWS Roundup
      • Article
        Parliament to converse on Aug 27
        20 3 PARLIAMENT will sit on Tuesday, Aug 37, at UtaOpm, the Clark rfPurHuMflt jmnpiinrftH yrtmifay
        20 words
      • Article
        Turkiah PM visits S'pore
        65 3 TUB Prims Minister of Turkey, Necmettin Erbakan, arrives in Singapore today for a three-day working visit fir Erhalrpn i« n/vv>mp«nlfld hy rrfhnfr mtnhrtftra apninr «<4 i lOSHawniwr bwlnwi dnlnillnii ITpwIflmll on Prime Minister QohChok Tongas well as lead the Turkish side in a meeting with a
        65 words
      • Article
        NTUC FairProce re-elects Chandra Das
        37 3 NTUC FairPrice Cooperative has reacted S Chandra Das as chairman for a second term at the cooperative's 14th annual general meeting. He will serve on the board for a of three years.
        37 words
      • Article
        SNEF to launch employers fair
        25 3 win Th^ 8 a workforce their corporate missions, objectives, operating philosophy and core values as well as career upgrading opportunities. •>*
        25 words
    • Article
      Fewer people using public transport: Mah Bow Tan
      265 3 47% went to work by public transport in 1990 compared to 51% in 1980 THE number of people using public transport has gone down, Communications Minister Mah Bow Tan said yesterday. "The 1990 population census revealed that 47 per cent of the
      265 words
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      354 2 llllllllllllll^ Tb all our customers who have waited patiently for the Sanyo System 3 air-conditioners, we'd like to say "Thank you". And to congratulate you on making a smart move. IMI Now wasn't it After all, the System 3 is a product of the latest Japanese breakthrough in clean air
      354 words
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      114 3 Tangin Shopping^ HAVUfH SU66EST A GHAIV6£ 111 TASTE T Oysters on Ice/Mussels with Tantalizing sauce, Seafood Salad, Smoked Salmon, Shark's Fin with Crabmeat Soup, Mongolian BBQ 9t much more 3P9IH Dariqg dinner from 9/8/96 till 9/8/96 for every 4 diners who dine at our Restaurant will receive ONE compiimentary meal
      114 words
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      87 3 The Opera Bar, New Zealand You shouldn7 have a problem finding this bar, just follow your ears. An impressive line-up of stars will take to the spotlight, hut not before first djSfot anointing the vocal chords. (Apparently, you simply can't sing on a dry throat.) Unfortunately for the true opera
      87 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon Financial index looks for direction
      628 4  -  THUHWOAL VUIWPOIHT Weeklies are bearish, dailies are oversold and momentum is lacking By Nareah Verma The writer is a manager of technical analysis advisory (South-east Asia) at Dow Jones Telerate. The opinions in this column are personal and do not represent the views of the
      Source: Telerate  -  628 words
    • Article, Illustration
      Lock icon Shrinking demand keeps COEs down
      501 4  -  July's Car Track Index remains little changed from previous month Byy Christopher Tan [SINGAPORE] Basic economics tells us of an irrevocable link between supply, demand and prices. At a glance, Certificate of Entitlement (COE) results seem to be challenging that belief. Despite a 10 per
      Source:; FILE PHOTO  -  501 words
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      127 4 pBwtt|? 1 n^een Exhibition Conference Trade Centre Singapore i«nk .-"n defence industry and saturation WM markets in the West, I*. _i manufacturers expanding W\ J towards ■SUB Capture your share the t Conference Exhibition TD. RAanagwiwt s«rvicM ptt Ltd markets in this region. Book now Mnpjat Defence Asia '97, Singapore.
      127 words
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      165 4 Finally, a notebook that actually looks like one. 8181 Measuring just 1.2 inches thin, the new ThinkPad* 560 isn't much bigger than your average writing pad. And at only 1.9 kilograms, its not a lot heavier But with a full-size keyboard, an 113 inch screen, a 100MHz 1 Pentium* processor,
      165 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Foreign, local firms to pay uniform 30% tax soon
      129 5 HANOI Reuter VIETNAM'S Finance Ministry has drafted a corporate tax bill which would create a level playing field for domestic and foreign-invested companies, the official Vietnam News Agency said yesterday. The draft law, which would do away with a two-tier system
      Reuter  -  129 words
    • Article
      Cabinet puts off approval for new banking licences
      456 5  -  BANGKOK It wants short-listed groups to clear allegations they paid bribes to get licences By\ Loh Hui Yin THE Thai Cabinet yesterday withheld final approval for new domestic banking licences until the three shortlisted groups clear allegations that they had paid bribes
      456 words
    • Article
      Lock icon Some activists will be charged with subversion
      292 5 JAKARTA Bat PBD pledges to continue straggle despite the arrests Reuter THE Indonesian military said yesterday some of the 10 activists arrested this week over last month's riots in Jakarta would be charged with subversion, which carries the death penalty. Budiman Sudjatmiko, head
      Reuter  -  292 words
    • NOTE Book
      • Article
        Lock icon Hopewell acta on mass transit project
        68 5 AFP [BANGKOK] Hopewell Thailand said yesterday it win sign a letter of intent to purchase a rolling stock and rail package for the company's Bangkok Elevated Road andRail Transport System project Siemens AG, Adtraro and Balfour Kilpa trick were to sign the letter with
        AFP  -  68 words
      • Article, Illustration
        Lock icon Time to take profit
        49 5 Reuter [JAKARTA] Daryanto (right), a civil servant who has taken a month-long leave to sen Indonesian flags. He expects to earn 500,000 rupiah(Ss3oo) in two weeks. Jakarta's streets are (Wed with vendors selling flags ahead of the country's 51th anniversary of Independence on Aug 11.—Reuter
        Reuter  -  49 words
      • Article
        Lock icon Apec officials' meeting
        58 5 AFP [MANILA] Senior officials from the 18-member Asia-Pacific Economic Cooperation (Apec) forum meet in the southern Philippines next week to firm up commitments to free trade, a senior official said yesterday. The meeting in Davao is the third offive such meetings In a run-up to the November
        AFP  -  58 words
      • Article
        Lock icon Insurgent chief to sign peace pact
        55 5 AFP [MANILA] Muslim insurgent chief Nur Misuari has said that he will sign a peace agreement at the presidential palace on Sep 2. The Today newspaper yesterday quoted Misuari as saying that "on Sep 2,1 will go to (the palace) to sign the final
        AFP  -  55 words
      • Article
        Lock icon Suharto's son-in-law promoted
        51 5 AFP [JAKARTA] President Suharto's son-in-law, who became a brigadier-general when installed as heed of the Kopassus special military forces last December, has now become a major-general. Army chief General Hartono was quoted by the Merdeka daily as saying Prabowo Subianto had been promoted to the rank ofmajor-generaL
        AFP  -  51 words
    • Article, Illustration
      Mahathir has found his successor
      664 6  -  ASIAN VIEW His nneqnlvoc&l remarks should straighten oat any misconceptions about the atmosphere at the top By Yang Razali Kassim MALAYSIA'S state television RTM last Tuesday aired a special interview with Prime Minister Mahathir Mohamad. It marked his 15th year in office. The interview was
      664 words
    • Article
      Lock icon KL to offer Yangon credit
      112 6 KUALA LUMPUR Bloomberg Business News THE Malaysian government said it will extend a credit facility of about US$3O million (5542.3 million) to Myanmar to help fund its purchase of palm oil from Malaysia. Malaysia is also prepared to help develop Myanmar's financial markets, including its
      Bloomberg Business News  -  112 words
    • Article, Illustration
      New panel to approve foreign investments
      399 6  -  VIENTIANE. Laos Sweeping reforms come as Laos gears up to join Assail By harish Mehta LAOS has created two new agencies to approve foreign investments and coordinate infrastructure projects. The move is a bid to raise investment inflows from the present level of US$7
      399 words
    • Article, Illustration
      Lock icon Checking out the Proton
      53 6 [SHAH ALAM, Selangor] Myanmar Gen Than Shwe checks out the engine of the Malaysian-made Proton car during his visit to the Proton plant in Shah Alam yesterday. Gen Than Shwe, chairman of Myanmar's State Law and Order Restoration Council (Slorc) arrived on Monday for a surprise
      REUTER  -  53 words
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      89 5 r| IF OUR WINES I DON'T SEND InMptt IWmp WILL, i 1L c ke kas celebration ot our fcwt ytmx, we re ottering wine v price* cheaper tkan moit lwen. At $4 a glus mm! K\^W^SN Xx i #20 Lottie from ft ««l«ction ck fix prime winea. All nigkt long.
      89 words
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      389 6 f 1&F& j^l JF For Those Who Have Felt This Way About Foreign Currency Investment, Citibank Has A Way Out. Most people don t like to feel locked in, restricted, cornered, And you can switch, between a choice of 16 currencies, when you especially when it comes to their money.
      389 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Lien's NY transit merely to adjust to time zones: Taipei
      342 7 TAIPEI Beth Taiwan and US downplay V-P's stopover which has riled Bering AFP TAIWAN yesterday played down Vice-President Lien Chan's transit stay in the United States, which has riled Beijing, and reaffirmed that there would be no public activities for
      AFP; REUTER  -  342 words
    • Article
      Lock icon Taiwan moves to foster Paraguay ties
      236 7 TAIPEI Reuter TAIWAN yesterday offered to sponsor an industrial zone in Paraguay which is expected to attract up to US$l5O million (*****.5 million) in Taiwanese Investment The move is seen as part of Taipei's drive to foster relations with its 31 diplomatic allies, most
      Reuter  -  236 words
    • Article
      Lock icon Real estate investment too high, says report
      164 7 BEIJING Reuter INVESTMENT in real estate in China is too high while investment in renovation and restructuring is too low, said a report by the finance research institute of the central bank, the People's Bank of China. In January to May, fixed asset
      Reuter  -  164 words
    • Article, Illustration
      Lock icon Over half state firm workers work in loss-making ventures
      535 7 BEIJING Offidalhtomegrtriag fafinre to adjust to market forces Reuter ONE in two employees of China's state firms works for a loss-making venture and a senior government official has blamed rising enterprise losses on a Mure to adjust to an economy governed
      Reuter; AFP  -  535 words
    • Article
      Lock icon HK bans some civil servants from joining Selection Committee
      370 7 HONGKONG Role to help ensure confidence in political nentr&lity, says govt AFP THE Hongkong government yesterday banned all police, information officers and senior civil servants from joining Beijing's Selection Committee which will set up the territory's post-1997 government A spokesman for
      AFP  -  370 words
    • Article
      Lock icon Former dealer fined NT$lb for fraud
      180 7 TAIPEI AFP A TAIWAN judge yesterday sentenced a former finance company dealer to 13 years in jail and fined him a record NT$l billion (5151.4 million) for masterminding one of the island's worst stock frauds. Yang Jui-ren, former dealer of the listed International Bills
      AFP  -  180 words
    • Article
      Lock icon Formosa gets set for China power plant
      198 7 U TAIPEI Reuter TAIWAN yesterday gave initial approval to the Formosa Plastics group to invest US$3 billion (Ss42 billion) in a power plant in China. It is the biggest Taiwanese investment on the mainland since the group withdrew from a US$6 billion project
      Reuter  -  198 words
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      46 7 uiftjl Nanyang Technological University UUjj BSD PROFESSOR THOMAS C SCHELLING ESS ■MM Lee Kuan Yew Distinguished Visitor MR H "GLOBAL WARMING AND CLIMATE" MM yjH Date Wednesday, 14 August 1996 COL yjjj Time 6.00 pm IjlljJ B Venue LTI.NTU ESS HI ALL WELCOME ADMISSION FREE M
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      154 7 Summer -^Special Enjoy The Following Privileges For Just *RM81,032 Only! For please caU oar offices: Upgraded accommodation in a Deluxe Room SINGAPORE f nnnilUii■■■ I■■ fill| iii..Lf«.i "M: (65)*****31 2JJ *w> CompUmMttry hU breakfast Complimentary pressing of 2 hems MALAYSIA/KUALA LUMPUR Tel: (603) 261 7777 Fax: (603) 263 2300 m
      154 words
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  • ASIA
    • Article
      Kobe Steel to license vehicle tyre technology to Tata unit
      402 8  -  TOKYO Mm underlines ((rowing Japanese corporate interest in investing in India By Anthony Rowley THE Japanese corporate sector's fast-growing interest in investing in India was further underlined yesterday when Kobe Steel announced that it will license a subsidiary of India's
      402 words
    • Article, Illustration
      Lock icon A great outlook
      26 8 Ke ny l£ oui a security guard, taking in the afternoon view fromObserixUoty Towers, a 27-storey refurbished apartment block in the city AFP
      AFP  -  26 words
    • Article
      Lock icon Govt says no to entry of foreign print media and TV firms
      430 8 NEW DELHI Foreign TV network* won't be allowed to broadcast from India Reuter THE Indian government has ruled out the entry of foreign print media into India and said it would not allow foreign television networks to broadcast
      Reuter  -  430 words
    • Article
      Lock icon Golf courses, luxury rooms to woo big spenders
      315 8 COLOMBO AFP SRI LANKA's once thriving tourism industry is in the doldrums after bomb attacks in the capital but the country Is investing in golf courses and luxury rooms to woo high spenders. The number of holiday makers dropped by 30 per
      AFP  -  315 words
    • Article
      Lock icon Spending cuts won't stop1 current account crisis \
      321 10 Spending cuts won't stop 1 current account crisis CANBERRA Australia may be heading for its most severe post-war recession: forecaster AFP SWINGING cuts to government spending will do nothing to avoid a current account crisis in Australia in the next Ave to six years, as businesses fall to Invest and
      AFP  -  321 words
    • Article
      Lock icon Opposition vows to delay OECD entry
      238 10 SEOUL NCNP says S Korea not ready; clash in parliament looms AFP SOUTH Korea's main opposition party has vowed to delay the country's planned entry into the Organisation for Economic Cooperation and Development (OECD) this year, setting the stage for a parliamentary clash. The
      AFP  -  238 words
    • Article
      Lock icon Japan film row: US going to WTO
      150 10 WASHINGTON Reuter THE United States said on Monday it will ask World Trade Organisation panels to rule on US complaints that Japan has thwarted foreign access to its photo film and paper markets. The US Trade Representative's Office requested two dispute settlement panels
      Reuter  -  150 words
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      225 8 •'^•/•-i < k' ~v ,'v^^r The Beauty Of Advanced Technology J Is What It Does fIHHBBRiiISK^IHHIHiHHHHMHHHfIHHHHBHHHHHfIHHHHHfIBHHHHHHHHHIBBHHMIHHMi ■HMHkf. HiflßL I'i i i'ii '^■^M ■■■■■■■■■■■■■■■■■■■■■■■IHIIMMPWIMIWBPRWJvr-■ ;]fl For You. A New level Of Service In Banking Begins. We've taken a totally fresh approach to banking. And we're offering very conducive to one-to-one interaction
      225 words
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      228 9 r > T v*?-* < Hh -IS The remarkable one-sided J K linked surface described by k W M L the German mathematician- I fl L IS to L represent the continuous link Technology L t|l 'im B Hi A W JB V 1 k r kl/'- ®P H1 lltllll
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      287 10 />> /^we(spovc ERVICE D<J APARTMENTS SERVICED APARTMENTS THAT SPELL PARADISE 9 Located at 32 Orange Grove Road, near i 1 1 to 3 bedroom apartments available -J gS I Fully furnished with split unit I air-conditioning, fully-equipped 2fjg£ kitchen, washing machine/dryer, g, nrices, HI ylfl concierge 24-hour security 111 centre
      287 words
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  • THE WORLD
    • Article
      Lock icon Buba pins rate cuts to money supply growth
      343 11 FRANKFURT Bloomberg Business News THE Bundesbank said it is still leaning towards cuts in German interest rates, as long as it sees no signs of inflation while the economy bounces back from a mild recession. With interest rates close to all-time lows,
      Bloomberg Business News  -  343 words
    • Article, Illustration
      Lock icon Why Greenspan must steer a delicate course
      555 11 LONDON Sttgfrt question mark •vw us creauniity wben Fed didn't move at its last meeting says economist Reuter FEDERAL Reserve chairman Alan Greenspan has had the trust and admiration of global markets for the best part of a decade. But with a crucial
      Reuter  -  555 words
    • Article
      Lock icon A little inflation is healthy, says study
      186 11 NEW YORK Reuter A CONTROVERSIAL new paper suggesting that a little bit of inflation may be good for the economy has created a buzz at the Federal Reserve, The Wall Street Journal reported yesterday. r The Brookings Institution study says the economy would
      Reuter  -  186 words
    • WORLD Watch
      • Article
        Lock icon City of London to launch new fund
        80 11 Reuter [LONIXJN] The City ofLondon hopes to retain its position "T as Europe's premier investment management centre with A a new type offtind to be launched next year. The new funds, j"; to be called Open Ended Investment Companies (Oeic), will if combine
        Reuter  -  80 words
      • Article
        Lock icon State aid for Credit Lyonnais sought
        83 11 Reuter [PARIS] Officials overseeing the rescue of troubled French stato-owned bank Credit Lyonnais have asked the government for seven billion francs (511.96 billion) in state aid to complete the task, a French newspaper said. Business daily La Tribune Detfosses said two members of the
        Reuter  -  83 words
      • Article
        Lock icon BBC in joint venture talks with Flextech
        78 11 AFP [LONDON] The BBC is holding talks with Flextech, a European programme subsidiary of Tele-Communications Incorporated (TCI), to set up a joint venture to launch up to k' six cable snd satellite television channels. The Financial .< Times noted that a deal with
        AFP  -  78 words
      • Article
        Lock icon iran files complaint against US sanctions
        65 11 AFP [THE HAGUE] Iran has filed s complaint before a special claims tribunal here challenging the recent US law imposing sanctions against any foreign entity that invests in the Iranian or Libyan oil business. Teheran also asked the court to prevent the US from
        AFP  -  65 words
    • Article
      Lock icon US finding it hard to remain global leader: analysts
      302 11 LONDON Reuter WITH the US presidential campaign getting into full swing, both sides are promising strong global leadership as a sign of their pride, strength and belief in America. But some diplomats and analysts say there are growing signs that the
      Reuter  -  302 words
    • Article, Illustration
      Lock icon Republicans pledge to enforce US trade pacts
      420 12 SAN DIEGO Party abc calk hr non-political monetary pdkjr,vnnte balance budget and art tana Reuter THE Republican Party adopted a campaign platform on Monday calling for a "non-po-litical" monetary policy, vigorous enforcement of US trade agreements and promotion of agricultural exports. At the
      Reuter; REUTER  -  420 words
    • Article
      Lock icon European telecoms deals up after deregulation
      344 12 ■LONDON Mergars, acqoisitieiis grew by 12* in first half ef this year FT THE number of mergers and acquisitions in the European telecommunications market grew 12 per cent to 67 in the first half this year and were worth US$6.4 billion (Ss9 billion), according
      FT  -  344 words
    • Article
      Lock icon Plans to boost share market with more blue chips
      360 12 MOSCOW Reuter RUSSIA intends to boost the number of its "blue chip" shares to increase investment and confidence in its stock market. Dmitry Vasilyev, head of the Federal Commission on Capital Market, said the current list of 21 most liquid companies
      Reuter  -  360 words
    • Article, Illustration
      Lock icon Chernomyrdin promises lowest post-reform inflation
      235 12 MOSCOW Reuter PRIME Minister Viktor Chernomyrdin promised Russians their lowest post-reform inflation rate yesterday but unpaid pensions and massive tax arrears will be a big headache for a new Russian government. Mr Chernomyrdin, speaking to senior officials from the state tax service, said August's monthly
      Reuter  -  235 words
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      434 11 Nissan Singapore's Most Popular Commercial Vehicle. In fact* on* in ♦very three commercial vehicles in Singapore is a Nissan. making it the most popular brand in the market. And in keeping with our tradition of backing the best, Nissan is proud to be the official sponsor of the Singapore 1996
      434 words
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      410 12 HSBC Holdings pic <!► 1996 Interim Results Comment by Sir William Purves, Half-year to 30 June 1996 30 June 1995 HSBC Group Chairman £m us^m £m ussm results for the first half of 1996 Profit before tax 3,546 1,737 2,760 were good. A number of features were particularly satisfying. In
      410 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Australia's Coalition in need of vision
      785 13  -  TBB BOTTOM UMB OPINION By Tye Kim Khiat The writer is BT's deputy foreign news editor AUSTRALIA has announced it will put out a White Paper that will be the country's Bret vision statement on foreign affairs and trade. It is about time too,
      785 words
    • Article
      IN OTHER WORDS
      150 13 'Deficit reduction is in my blood, and a balanced budget will be my legacy to America' -Bob Dole presumptive Republican presidential nominee, after announcing his plan to cut federal income taxes while slowing the growth of federal spending. Dole brushed off suggestions that he's had an election-year
      150 words
    • Article
      A hollow test-ban treaty?
      643 13 EDITORIAL THE Comprehensive Test Ban Treaty (CTBT) threatens to become a show document if it is put before the United Nations General Assembly without the consensus of the Conference on Disarmament in Geneva Adoption of the treaty, under the rules of the 61-member conference in Geneva,
      643 words
    • Article, Illustration
      US in trade blinkers
      1078 13  -  Market mechanisms, and not managed trade initiatives such as the chip pact, are what shrinks the US deficit with Japan By. Anthony Rowley The writer is BT's Tokyo correspondent THE concluding of a bilateral accord on semiconductor trade in Vancouver late last month between the United
      1,078 words
    • Article
      WHAT THE OTHERS SAY
      823 13 IN SUGGESTING that "organisations in Japan" would come to their support, Japan's Chief Cabinet Secretary Seiroku Kajiyama was inexcusably insensitive to the feelings of North and South Koreans living in Japan. Probably, he wanted to stress the importance of the Japan-US Security Treaty and the presence
      823 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      56 13 POOtmSBPRT By Garry Trudeau T CANTBg- YOUR LAND- PRACTICAUY. ISPENPMY PfXPLB AT CHIEN FW HAVE UEVBYOWRZ LORD HB MORNINGS HBRB, ANSUCRIN6 UVBS. MB ONLY HAVB ONB MICROSOFT 6UBU. HBR3, Ml KB! SAYS THIS THIN6UNCOMMON WITH c IS MATING THAT MUST HOWPYOU CAFBIS AUCHOCCI^\ U.S. SOFTMARBCOMRANI&... OUR BRAINS KBBPYOU FINPMB? YOUR
      56 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Film sparks tourism boom
      1052 14 Flying-saucer tourism has become big business in Roswell thanks to Independence Day NYT TREY Hatton, 13, who has seen Independence Day twice, persuaded his parents to drive 120 km out of their way on a cross-country vacation to check out evidence that aliens really did crash-land
      NYT  -  1,052 words
    • Article, Illustration
      Lock icon Lendl now happy to just find me ball
      404 14 GOLF Former tmn> Qnut rotaras feme to anew ckaDcogxa the links Reuter [PRAGUE] When Ivan Lendl entered tournaments in the past, his aim was to destroy his opponents and win. Now he is simply happy to find his ball. After eight grand
      Reuter  -  404 words
    • Article, Illustration
      Lock icon A hot new star – but which magazine said it first?
      629 14 A hot new star but which magazine said it first? MEDIA NYT THE maxim "leave 'em wanting more" apparently does not count for much in the magazine business. Indeed, after the last few weeks of seeing the faces of the actors Matthew McConaughey and Gwyneth Paltrow on what seems like
      NYT  -  629 words
    • Article, Illustration
      Lock icon Nebula for a nebulous subject
      715 16 PEOPLE No aliens in Canadian engineer's book about the hnman soul bat it still wins world top sci-fi award Reuter [TORONTO] With alien invasion film Independence Day shattering box office records and TV networks scrambling to imitate The X-files, you might expect the top sci-fi
      Reuter  -  715 words
    • Article, Illustration
      Lock icon Rhyming to the rhythm of modern living
      500 16 ENTERTAINMENT Reuter [EDINBURGH] John Hegley isn't the type to compose verses about daffodils, but British comedy's poet laureate is riding the wave of a vogue for poetry and helping it shake off its elitist image. Hegley is one of three leading new wave
      Reuter  -  500 words
    • Article, Illustration
      Lock icon Tributes to itinerant salesman of fun
      496 16 PEOPLE AFP [OFUNA, Japan] Japan's entertainment industry yesterday paid tribute to late actor Kiyoshi Atsumi, who played the itinerant hawker Tora-san in the world's longest-riuming movie series. An estimated 21,000 fans flocked to a movie studio in Ofuna, south of Tokyo, for a special
      AFP  -  496 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      34 14 Where to wine, dine and entertain mrniwmiMum a 1 mm.. BBS v "Zir Shork's Rn A BRAISED WWPpJIWB iB UOJ K«w Ktrln C«n P1« 20 Devonshire Rd Killiney Rd), 401-01, Devonshire Singapore *****0 Tel:*****88
      34 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      629 15 IW"%|} TEJ T^2 JLf JEiOO -r LTSINGTAO BEER Where to wine, dine and entertain Wm&Ono of the most appreciated beer In the world 1 Be Bowled Over I .ft f II by our bowls of fl I I Laksa, fl I YongTauFu. f 111 I Chicken Curry, fl I I
      629 words
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      Page 15 Advertisements Column 2
      67 15 A LICHT-HEARTEP BUFFET U S*vour H\«« ofCgi 5 H\e VUH Hao CWH«< R«Wmr*mf A*vA £orjust-slo, you C#l*\ **oH*er >ijU tn*Ae wiVU P«Vu*vj PucV »*%e*V. Bock Aamh HOW before Sefta«to£r 6H\, It*. F«r i«m fW«M e*l»HI 4*K. vJUcn Wvc C*«f»Hwbl< Y®u C«n D» SINGAPORE Jtamott HOTEL *****00 F» 735 *00 5
      67 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      722 15 TV&RADIO IK 81 •Hi Bowl tickets circulates 130 Holiday World. among Jerry and his 040 Home Matters. LM PM The Winners. friends. «J0 Shanti. Wn? r LM Money. Money, Money. 1110 MN NYPD Blue Curt 7.00 Kalai Cholai. i H 140 The Money Club. Russell. 740 Tamil Seithi. f A
      722 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      287 15 CRYPTIC CROSSWORD p p i p mm i p p —f 1 Feature comedian in conversa —hm—' -WJ— —BIJ" JjH™~Hß™™ 5 Tramp opposed to getting a state I J I I I subsidy (7) 10 Telling tales in confinement (5-2) Stranded in a teetotal country ""~BB"" ~MH~~ 12 Great extract
      287 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      281 16 /<>! I\ meson is ,|;i// with \II Uncle *1. i\ o" Cuneen Scries niiwi m Jordan J 'LIVE' in CONCEPm^pCIf 9PM Doors Bpm) at ZOU K Exclusive. 90 minute show by one of the pioneers of Acid jazz. guitarist Ronny Jordan. His music combines cool |azz with heavy dance rhythms,
      281 words
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  • COMPAIES & MARKETS
    • Article
      Intraco unit Wins UK commercial vehicle franchise
      302 17  -  Byi Christopher Tan [SINGAPORE] Intra-Motors, a subsidiary of governmentlinked Intraco, has landed a new motor franchise. In addition to Rover, MG and Holden, the group is now responsible for the distributorship of LDV commercial vehicles in Singapore "and several Asean countries". Prestige Automobile,
      302 words
    • Article, Illustration
      Lock icon Camerlin-Malex deal gets mixed market response
      368 17  -  iMtysts say market needs time to digest and work all the ramifications out By] R Sivanithy [SINGAPORE] The stock market yesterday gave an unenthusiastic endorsement to the Camerlin consortium's reverse takeover of Malaysia's Malex Industries, with the share prices of the parties involved experiencing
      Source: Bloomberg; ALLAN  -  368 words
    • Article
      Sukamto sells Parkway shares
      213 17 [SINGAPORE] Indonesian businessman Sukamto Sia has sold 280,000 Parkway Holdings shares at $4 each, raising $1.12 million in the open market. This is on top of the $160 million he was due to receive from Malaysia's Berjaya Group for selling them 13.96 per cent of Parkway's
      213 words
    • Article
      Will Bank Indonesia tighten further or defer curbs?
      685 17  -  HOCK LOCK SIEW S N Vasuki INDONESIAN listed banks face the tantalising prospect of the central bank lowering its guard now that monetary indicators are showing signs of easing and the rupiah has weakened considerably against the US dollar. However, Bank Indonesia
      685 words
    • Article
      Sing Tel shareholders' funds up 24%
      304 17  -  Gronp targets another redaction of 600 staff this year By i Genevieve Cua [SINGAPORE] Singapore Telecom ended its financial year in March 31 in a healthy position, with a strong 23.8 per cent increase in shareholders' ftinds to $5.32 billion. The $1.02 billion increase
      304 words
    • Article
      Telecom alliances not meeting needs
      269 17 [SINGAPORE] Global telecommunications alliances involving giants like ATAT, MCI and British Telecom are falling for short of their objective of becoming reliable "one-stop shops" to serve large multinational corporations, said a USbased research firm. Forrester Research said in a recent report that underdeveloped telecom infrastructure
      269 words
    • Article
      Lock icon Five more going scripless on KLSE
      146 17 AFP [KUALA LUMPUR] Malaysia's stock exchange yesterday identified five more companies for scrlpless trading, saying it was on track to have all listed stocks traded paperless by the year's end. The five new scrlpless counters will raise to 328 the number of counters listed
      AFP  -  146 words
    • REGIONAL COMPANIES
      • Article
        92 firms eye Indon telecoms deal
        497 18  -  names involved; Jakarta plans te hold tender exercise next year Prom S N Vasuki in Jakarta SOME 100 companies, including major global telecoms players, have submitted proposals to the Indonesian government to provide personal communications network (PCN) and personal handyphone system (PHS) services in
        497 words
      • Article
        MRCB in 3-D display technology deal
        294 18  -  From Surinder Singh in Sydney LISTED Malaysian Resources Corporation Berhad (MRCB), owner of private channel TVS, has signed a multi-million dollar contract with Perth-based Xenotech Australia Ltd to supply it with three-dimensional display technology. A report in the Australian Financial Review said the two
        294 words
      • Article
        Flextech buys Taiwan switch-maker
        258 18 [SINGAPORE] Sesdaq-listed Flextech Holdings is acquiring a Taiwan company that designs, manufactures and sells precision switches through a share swap and $747,450 cash. The electronics component supplier said yesterday that it has bought, in cash, 83.5 per cent of Himake Electronics Ltd (Himake Taiwan), comprising 4.175
        258 words
      • Article, Illustration
        IME to spend $4m on 2 new stores
        237 18 [SINGAPORE] Sesdaq-listed IMM Multi-Enterprise Ltd (IME) announced yesterday that it will spend 34 million to open two new stores in space now occupied by Kmart. The stores, which will open in November, will be located in Marina Square and Tampines Century Square
        237 words
      • Article
        UMW interim profit more than doubles to M$92m
        295 18  -  Exceptional results attributed to higher sales and steady yen From, Ruth Wong m Kuala Lumpur MOTOR-BASED UMW Holdings Bhd, boosted by higher sales and a steady yen, recorded a sharp 111.8 per cent hike in net profit to M 592.7 million (5552.5
        295 words
      • Article
        Sunway City associate bags M$ 6l0m toll road project
        291 18  -  From Ruth Wong in Kuala Lumpur SUNWAY City Bhd, a property firm controlled by Sungei Way Group president Jeffrey Cheah, has landed a lucrative urban road privatisation project. The company said yesterday its 50-per cent associate Rancang Prestij Sdn Bhd has
        291 words
      • Article
        IPC, Gwee Group in office deal
        132 18 [SINGAPORE] Local computer company IPC Corporation said yesterday it has teamed up with telecommunications dealer, the Gwee Group, to provide a mobile office for executives on the move. The office package uses Mobile Office, a service announced by Singapore Telecom subsidiary Mobile Link last
        132 words
      • COMAPNY Briefs
        • Article
          Lock icon Genting to sell mill project for M$ 99m
          78 18 Bloomberg Business News [KUALA LUMPUR] Casino operator Genting Bhd said yesterday it plans to sell its newsprint mill project to Malaysian Newsprint Industries Sdn for M 199.8 million (Ss4o million). Genting will make a one-time gain 0fM572.8 million from the sale. It
          Bloomberg Business News  -  78 words
        • Article
          ST E&E clinches fax contract
          48 18 [SINGAPORE] ST Electronic Engineering Ltd (ST E&E), a subsidiary of Singapore Technolgies Industrial Corporation, has signed a contract with the Shangri-La' Hotel to provide an Inn Fax service to more than 500 of its rooms. Inn Fax is a private in-room fax service.
          48 words
        • Article
          Peter Sung named Dovechem director
          28 18 [SINGAPORE] Recently-listed Dovechem Terminals Holdings has appointed Peter Sung as a director. Mr Sung is also group chairman of listed Tuan Sing Holdings.
          28 words
        • Article
          China North fund's asset value
          42 18 [SINGAPORE] China North Industries Investment said its unaudited net asset value as at June 30 is US$l (551.41) per share. The Norinco closed-end fund was down one cent at 44 US cents yesterday with 5,000 units done.
          42 words
        • Article
          Corrections and clarifications
          56 18 [SINGAPORE] Referring to yesterday's article "QAF likely to resort to rights issue, says Citicorp", Citicorp Investment Bank has clarified that it did not express any view or opinion on the likelihood of QAF raising funds through a rights issue, nor has Citicorp been informed by OAF'S board
          56 words
      • COMPANY Briefs
        • Article
          Lock icon Volkswagen first-half net profit up 150%
          60 20 Bloomberg Business News [WOLFSBURG, Germany] Volkswagen AG, Europe's largest carmaker, said higher sales and surging foreign demand pushed net profit ISO per cent higher in the first half of 1996, at the low end of analysts' expectations. Net profit rose to 282 million deutschemarks
          Bloomberg Business News  -  60 words
        • Article
          Lock icon De Beers first-half earnings rose 18%
          56 20 Bloomberg Business News [JOHANNESBURG] De Beers, the world's largest diamond producer, said first half earnings rose 18.4 per cent, exceeding analysts' expectations. Combined attributable earnings rose to US$4B2 million (***** million) in the six months ended June 30, from US$4O7 million in the first
          Bloomberg Business News  -  56 words
        • Article
          Lock icon Orient Semicon net profit up 160%
          52 20 Bloomberg Business News [KAOHSIUNG, Taiwan] Orient Semiconductor Electronics Ltd said net profit increased 160 per cent in the first seven months of 1996 from a year earlier. Profit climbed to NT$294 million (5515.1 million), or NT$l.l3 per share,, from NT$l25 million a year earlier.—Bloomberg
          Bloomberg Business News  -  52 words
        • Article
          Lock icon Ballarat rejects Guiness Peat bid
          60 20 Bloomberg Business News [SYDNEY] Shareholders in Ballarat Brewing Company Ltd have rejected a partial takeover bid from Guinness Peat Group pic. A Ballarat spokesman said the company regarded the Guinness Peat bid as "null and void" after shareholders rejected a proposal from GPG to buy
          Bloomberg Business News  -  60 words
        • Article
          Lock icon inchape plc set sell testing unit
          65 20 Reuter [LONDON] UK distribution group Inchcape pic is on course to announce the sale of its testing services business for up to £3SO million (***** million) by the time of its interim results, due Sep 23, press reports said. The deal could be followed
          Reuter  -  65 words
      • Article, Illustration
        Shares of Tong's firms suspended
        402 20  -  Lai brothers, charged along with Tong, freed on bail after a night in jail From< Quak Hiang Whai in Hongkong THE two Hongkong-listed companies linked to businessman David Tong, who was arrested and charged on Monday with conspiracy to defraud, yesterday suspended trading of their
        402 words
      • Article
        Lock icon Ming Pao reports HK$ 9.4m loss
        230 20 Reuter [HONGKONG] Hongkong publisher Ming Pao Enterprise Corp Ltd reported a HK59.39 million (511.7 million) loss on Monday, citing 1996 as a tremendously difficult year that was marred by rising newsprint costs and a newspaper price war. It is controlled by Tiong Hiew King,
        Reuter  -  230 words
      • Article, Illustration
        Lock icon HK's Bank of East Asia lst-half profit up 23%
        424 20 Reuter Bloomberg Business News [HONGKONG] Hongkong's Bank of East Asia Ltd yesterday reported a 23.3 per cent growth in interim profit to HK)846.92 million (*****.1 million) in the first half of this year and said it expects a better second half
        Reuter; Bloomberg Business News; RBUTER  -  424 words
      • Article
        Lock icon Peregrine to report on fund
        201 20 UK w&tckdog wants to keep tabs on restructuring of lTsia Equity Fund AFX-Asia [HONGKONG] The UK's Securities and Futures Authority has told Peregrine Securities (UK) Ltd to keep it informed on developments in the restructuring of Malaysia Equity Fund Ltd (MEF). Peregrine Investment Holdings Ltd
        AFX-Asia  -  201 words
      • Article
        Lock icon Coke Amatil says nothing more is planned with Kerry Group
        276 20 Reuter [SYDNEY] Coca-Cola Amatil chief executive Norb Cole yesterday said his company had no plans for further investment in China or a further capital injection from Kerry Group, contrary to market speculation. "We have no plans to go any further
        Reuter  -  276 words
      • Article
        Lock icon Daewoo enters US4 2.5b Uzbek telecom venture
        276 20 It targets telecem markets in 20 states, mostly in C Asia Bloomberg Business News [TASHKENT, Uzbekistan] South Korea's Daewoo Group said it will invest US$2.5 billion (553.5 billion) in Uzbekistan to build up its telecommunications networks in another move to penetrate the vast
        Bloomberg Business News  -  276 words
      • Article
        Lock icon Goodman's new MD for poultry arm says no to post
        85 20 Reuter [SYDNEY] Australian-based food group Goodman Fielder Ltd said that the new managing director appointed to head up the troubled Steggles Poultry group had withdrawn for family reasons. A Goodman spokesman said the company would now look for a replacement
        Reuter  -  85 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Chip industry's weak numbers mask basic strength: expert
        393 21 Only half of all chips end op In computers, lie says, citing other positive factors Bloomberg Business News [NEW YORK] Investors spooked by the continued chill in the Semiconductor Industry Association's monthly indicators are overlooking the industry's basic strength, the group's chief
        Bloomberg Business News; Source: Bloomberg; ALLAN  -  393 words
      • Article, Illustration
        Lock icon US$3.7m handshake plus perks for Apple's ousted CEO
        263 21 Bloomberg Business News [CUPERTINO, California] Apple Computer Inc awarded more than US$3.7 million (U555.23 million) in severance pay to former chief executive Michael Spindler, who was fired in February for failing to boost market share and profits. Mr Spindler, who was replaced
        Bloomberg Business News  -  263 words
      • Article
        Lock icon Two US utility firms going for US$ 5b acquisitions
        433 21 litre mergers seen as firms prepare for deregulation Bloomberg Business News [NEW YORK] Houston Industries Inc and Delmarva Power Light Co announced acquisitions totalling nearly US$5 billion (557.06 billion), as companies prepare for deregulation by consolidating, especially with companies nearby. Houston
        Bloomberg Business News  -  433 words
      • Article
        Lock icon It's browser war as Microsoft adds freebies to web package
        426 21 Campany slashing and burning their way into tkis market, say* analyst NYT [SAN FRANCISCO] Raising the competitive stakes to a rich new level in its World Wide Web "browser" war with the Netscape Communications Corp, the Microsoft Corp announced deals
        NYT  -  426 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon S-EA currencies under pressure
        517 22 Central bank* may have to tighten grip in face of slower export growth and offshore speculation Reuter [SINGAPORE] South-east Asian central banks, facing slower export growth, a welter of domestic issues and the spectre of offshore speculation, may be forced to tighten their grip on their
        Reuter  -  517 words
      • Article, Illustration
        First Call Corp's instant research mail catching on
        457 22  -  Bawuch Direct bring used by 320 fund fln-g tmrneUL institutions worldwide By\ Shiv Taneja [SINGAPORE] First Call Corp, a subsidiary of US-based Thomson Financial Services, is revolutionising the way brokers get their research to their clients it is hi-tech, it's paperless, and
        457 words
      • Article
        Lock icon Net banking posing threat to traditional banks
        387 22 FT [LONDON] The market for Internet banking is poised to grow sharply in the next three years, affecting the competitive advantage enjoyed by traditional banks as demand for Internet banking services takes off. A survey of Internet banking by Booz-Allen Hamilton, international management
        FT  -  387 words
      • Article
        Lock icon Internet bank to open branches in 3 cities
        263 22 Security First plans network of 25 to 30 City Offices Bloomberg Business News [ATLANTA] Security First Network Bank, the first bank to do business mainly on the Internet, said it will open bricks-and-mortar branches around the country. It has picked Atlanta, Boston
        Bloomberg Business News  -  263 words
      • Article
        Lock icon Magellan Fund's assets fall a record US$ 3.5b
        169 22 Bloomberg Business News [BOSTON] The assets of Fidelity Investments' flagship Magellan Fund fell 6.4 per cent, or US$3.5 billion (554.9 billion), in July, a record monthly mutual fUnd decline, said research group Lipper Analytical Services Inc. Magellan's assets fell to U5550.97 billion
        Bloomberg Business News  -  169 words
      • Article
        Insurance conference in Oct
        101 22 [SINGAPORE] More than 1,500 insurance chief executives and senior managers from all over the world will converge here on Oct 7-11 for the 18th Conference of the East Asian Insurance Congress (EAIC). Finance Minister Richard Hu will open the conference at the Raffles City Convention Centre.
        101 words
      • Article
        Lock icon Euroyen touches new high
        230 22 SIMKI Report Reuter (SINGAPORE] Simex Euroyen futures pared some of their early gains but ended firmer after reaching a high on the back of a short-covering rally in Japanese government bond (JGB) futures. September JGBs broke easily above their previous yearhigh of 120.44 in early trade
        Reuter  -  230 words
      • Article
        Lock icon CURRENCY REPORT
        182 22 Reuter I tf ilnn THERE was little to prod the dollar out of its torpor and impending US data were unlikely to spark much movement. There has been little to inspire the dollar in the last few days with summer holidays dampening trade. Investors looking for action should
        Reuter  -  182 words
      • Article
        Lock icon Oil dips but resilience baffles analysts
        334 22 EMEROT REPORT -Reuter [LONDON] Oil prices dipped yesterday, but held on to most of the gains posted in Monday's rally as the market continued to defy analysts' predictions of a price foil. London futures for benchmark North Sea Brent Blend crude oil for September
        -Reuter  -  334 words
      • Article, Illustration
        Untitled
        1224 22 DtTBRBAMK CROSS BATES Aug 3 JStS ITM 1953 S IwfwiS iK 1307 0.877 20W2»iS £5B 17» 2S? 1 S8 ®-*5 MN *W7 0J77 19» 4209 2400 0.119 1900 0299 0J74 4174 1M5 1170 0444 0.144 3402 3.035 0477 0.120 Wi 1438 IW ***** 4.428 1478 9427 ***** 2MB 1447 H374
        1,224 words
    • Article
      COMMODITY PRICES
      1585 23 groonroTum Aug is RU88IR (Marts doiiaqu it SJOpa) ISS1 COHTlACTtS cwtiAfl) CtOM VONNM OfM Mont* High low Sott (t turn) Intortst »96 184.00 184.00 184.00 50 725 98 184.50 184.50 185.00 75 2050 No*96 186.50 3025 OK 98 187.50 2950 Jon/Nor 97 189.00 189.00 189.00 75 7275 Apr/J»
      1,585 words
    • Article
      WORLD STOCK MARKETS
      2045 23 LONDON IHB Nw A. A. Corp Adr 551/4 unch AS Ports 282 -3 Abfeey National 595 *10 ANied Lyons 441 -6 Am* 94 unch ArgyB 344 Aide Group 117.400 1 ■ATM 4M *2 mcc 315 -5 BOC Group 853 -42 .600 BTR 264.400 5.400 Bank of Scotland
      2,045 words
    • Article
      Lock icon TOKYO
      1535 23 Reuter Q Nikkei 23S +UBJ6 STOCKS closed higher as buying in technology shares and a rebound in speculative issues brightened sentiment. Brokers said the downside risk had decreased. The key 225-share Nikkei Average gained 196.35 points to 20,864.95. Its September futures added 140 to 20,830. The Topix Index gained
      Reuter  -  1,535 words
    • Article, Illustration
      Lock icon HONGKONG
      1538 24 Reuter -QHangSeng -1121 STOCKS ended lower as the main index stumbled on resistance and property stocks suffered some profit-taking. The Hang Seng Index closed 16.21 points lower at il, 165.67. Turnover was «K|4.24 billion. The Hang Seng properties sub-index ended 6.49 points higher at 20,880.31. Property stocks were boosted
      Reuter  -  1,538 words
    • Article, Illustration
      Lock icon CHINA
      574 24 Reuter 414 SHANGHAI'S B shares ended down on a correction by Shanghai Lujiazui Finance Trade Zone Development. The index dipped 0.64 point to 52.86 on volume of 13.8 million shares worth US$5.B million. Brokers said that after sharp gains in the past few days, the market needed a correction,
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  574 words
    • Article
      Lock icon TAIPEI
      320 24 AFP HWPMn ♦tj* SHARE prices finished higher as institutional investors bought heavyweight stocks. "Institutional investors cautiously increased shareholdings of large-capitalisa-tion shares, but retail investors largely sold stocks," said a trader. The Weighted Price Index rose 7.54 points to 6,325.16. Turnover was 1.22 billion shares worth NT540.23 billion. Falling stocks
      AFP  -  320 words
    • Article
      Lock icon WELLINGTON
      237 24 Reuter PWaflagf ♦H37 SHARES ended firmer but off their intra-day highs and on very thin volume. The NZSE--40 Capital Index closed at 2,139.71, up 19.37 points. Total turnover was worth a paltry NZ$23 million. Reuter •55 i *b mm AN2B«*ln« 7 JO undi 1W73 MNMHHNMH LS3 *002 3100 AirH*»ZMland(A)
      Reuter  -  237 words
    • Article, Illustration
      Lock icon BANGKOK
      713 24 AFP QSETMCK -U3 SHARE prices fell as investors were sidelined with concerns over domestic politics, secondquarter company earnings and US interest rates. "Investors were waiting for improvements in the political situation, second-quarter earnings announcements and US inflation and sales figures to be released later today," said an analyst. The
      AFP  -  713 words
    • Article
      Lock icon SEOUL
      380 24 AFP gOmfmtblwkaL AM STOCKS fell as slight gains in blue chips were eroded by sharp falls in second liners. The Composite Price Index fell 4.56 points to 833.43. Turnover was 19.2 million shares worth 132 billion won. Falls beat rises 592 to 229. Dealers expected the market to trade
      AFP  -  380 words
    • Article
      Lock icon SYDNEY
      573 24 AFP QAnONoariw +10J8 RESOURCE stocks led the share market higher yesterday, boosted by the news that mining companies will continue to qualify for a tax rebate on diesel fuel purchases. The All Ordinaries Index closed 10.8 points higher at 2,230.3. Turnover was 255.75 million shares valued at A 5555.5
      AFP  -  573 words
    • Article, Illustration
      Lock icon JAKARTA
      693 24 AFP DCwnpoßteMg 4.44 SHARE prices closed lower, with foreign investors largely sidelined and general sentiment weak. "All the news about the region is a combination of politijcal problems, export problems or a slowing down in economic growth, like in the case of Singapore," a dealer said. The JSE Composite
      AFP  -  693 words
    • Article
      Lock icon MANILA
      298 24 AFP Blufc *3US SHARE prices closed 1.2 per cent higher in a technical rebound, analysts said. The PSE Composite Index rose 36.25 points to 3,112.67. Turnover was 2.1 billion shares worth 1.3 billion pesos. San Miguel A rose one peso to 42 while its B shares rose 3.50 to
      AFP  -  298 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Second board hogs activity
        7620 25 Bloomberg Business News F1 Composite Index +LSI SHARES were mixed, with second board stocks dominating activity as there was little interest in blue chips. A fall in Tenaga Nasional offset gains in banking stocks, which rose on expectations of profit gains. The KLSE Composite Index rose
        Bloomberg Business News  -  7,620 words
    • WARRANTS & OPTIONS
      • Article
        Acer warrants: upside potential
        3539 26  -  WARRANT WATCH By, R Sivanithy IN PREVIOUS columns, we highlighted the fact that sentiment is so bad in the local stock market that warrant conversion premiums are shrinking rapidly. This is creating real value for those taking the view that things will take a turn for
        3,539 words
    • Article
      CLOB INTERNATIONAL
      2149 26 MALAYSIAN STOCKS Or Or UMt v«i on lmiomm dk ni n m mcap l— cianm %tt» rooot t— atym cw w Jus 364 »l 5000 MSaSOc 372 M 372 368 364 54 4.9 04 772 ml ,119 *4 mi SOW AMOS SOe 96 307 96 97 97.5 96
      2,149 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        934 27 TURNOVER 0000) VALUI 0000) C—6 TX1 M«tB CK> Trtl 25J71 MM 32.030 9W481 12.0*7 93.569 rinanc* 5JS9 IMS 6,544 57,0M 1.842 59,930 Motata t.01* 337 1,353 2.M1 4*7 3.368 Pro»trti»i 3.155 5,321 8,476 17,412 7.264 24,476 Ptantatten 440 440 1.067 1,067 MMf* 236 234 598 598 M.W 3.605 3.726 7J3)
        934 words
      • Article
        MAIN BOARD
        4471 27 Of Or M Wt KM Last Vol My Ust Ouote Dfv Dtv YM Net Cap Avg High Ln StNo Company HH COOP) High Lew Buyer Mkr C"w P/l Jmli Price MDUSTtULS 5146 ASC NT$10 200 OS- 214 165 1258 Acer 50c USI61 unch SO W1 181 Wt 162
        4,471 words
      • Article
        SESDAQ
        837 27 lm* ym Day umomm c*.' w* •nt mm Cm a™ "N» tWi WW Ci —if I* cw» W» t— Bur M» Or fig gw5 tfffiM 269 OS 2000 AOftHMaSc 151 44 192 US MO 151 1.0 14-2 ai 94 4 47.2 155 JO M AS Ai/tslOc TO »13 63
        837 words
      • Article, Illustration
        HOT STOCK
        59 28  -  ■m Paul Lee BUYJardins Strategic Holdings on any correction tn price. Average Directional Movement Index is pointing to a start of an uptrend. The only barrier to such an upmooe is resistance at US$l26 and daify Relative Strength Index tn highly overbought territory. A break above US$l26 wUI
        59 words
      • Article, Illustration
        STI Index only 19 points shy of year's low
        814 28  -  SiSiiiuL^rryT Fimd managers in HK see a farther 5-15% fall forth* local tame baaed on revised MSCI Index weightings and concerns over earnings prefects By Larry Wee [SINGAPORE] Stocks continued to drift lower yesterday, with the Straits Times Industrials Index falling
        814 words
      • ON THE GRAPEVINE
        • Article
          Singmarine singing new tune
          144 28 SING MARINE Industries' chairman Loh Wing Siaw had made some statements in the company's annual report in March that so for haven't squared with the recently-announced interim results. On the outlook for the company, Mr Loh had said that based on active enquiries and work schedule
          144 words
        • Article
          Schapire to the rescue again
          136 28 WE NOTICE that Mary Schapiro, the woman who woke Koh Beng Seng, deputy managing director of the Monetary Authority of Singapore, up at 3am during the Barings crisis, has gone on to bigger things. The chairman of the Commodity Futures Trading Commission has been put
          136 words
        • Article
          Buy and call
          78 28 ARTHUR LAI and his brother, Raymond, founders of ChinTung Securities (which n became Standard Chartered Securities, and now Nava Securities) and once Hongkong's top brokers, have really follen on hard times. The two had to spend Monday night in Jail after foiling to put up bail folio
          78 words
        • Article
          Lucky goverment
          87 28 FIRST It was car licence plates. Now, the Hongkong government Is considering auctioning telephone numbers with "lucky" digits to tap into Hongkongers' belief in the power of the number eight News agencies yesterday quoted a spokesman fix-the office of the telecommunications authority as saying phone numbers with the
          87 words
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      131 17 Event l muat not bo mlaaad by anyone with any kind of hmtr or ocmipprobiome From hair I trichoioalMt*. m frmm trichoioaicml i/amonly until tho #nd o# tlili Hmlr Evmnt. Rooonfo now to onmuro your from booldng. Thooo mro mro Juot oomo of tho hmlr problomo tho Hmlr Evont wHI
      131 words
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      155 18 BUY MALAYSIAN BUILD MALAYSIA Introducing the new FMM Industry Directory Materials 1996/97. Published by the Federation of Malaysian Manufacturers, the Directory provides an overview and latest trends on the Malaysian building materials industry. Gain a comprehensive insight into Malaysia's manufacturers in the building materials sector. Contents Highlights Overview of the
      155 words
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      Page 18 Advertisements Column 2
      55 18 UPDATE ON FOREIGN OF MALAYSIAN LAND 8 PROPERTY^ DR NIK MOHD ZAIX BliSii SI LRI I \m (.1 \l KAI BlllfffyßSSTO MINISTRY Of I \\P AM) CO (MM R VI IVI I DPMI I LEVY FOR SINGAPOREAN BUYERS OF \malaysian property,/ I).\TI SI I'll Mill K V l'»>o Vl\lll lIVATT
      55 words
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      502 19 Ultra Compact Ingenuity Weighing just a mere 450g and a size so compact that it can easily slip into your pocket or m purse with minimum fuss, JVC's new GR-DVI Digital Video Camera indeed the smallest and lightest digital video camera in the world. Yet despite its ultra compactness, the
      502 words
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      906 20 j£)BNL Banca Nazionale M Lavoro SINGAPORE BRANCH (ESTABLISHED IN ITALY WITH LIMITED LIABILITY HEAD OFFICE IN ROME) HEAD OFFICE ADDRESS: VIA VITTORIOVENETOII9,OOIB7 ROMA, ITALY CONSOLIDATED BALANCE SHEET CONSOLIDATED INCOME STATEMENT As of 31 December 1995 As of 31 December 1995 (in minions of lire) (in millions of lira) Assets 1995
      906 words
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      194 21 W John Burton-Race's cuisine 1 it so delicious, people I have been known to eat it B f at the speed of sound. 1 [n Miles above the Atlantic Ocean, passengers aboard the Concorde have had the privilege of savouring h John Burton-Race's marvellous gastronomic creations. b (k However, his
      194 words
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      126 22 I^fflnawrtdwMatiamtfSOmiiilMtod^ a network of international offices, OCRA provides confidents and I coat affective company formation in al the major low tax araaa B jndudtog: II PußProlaaaionalaflaraalaeaarvtoas provtood.For a FREEcopyofour 100 page colour brochure or to arrange a contufattion contact: MS DIANA BEAN, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE
      126 words
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      48 24 Klk, \Mhen the Market qet» Going, the Savvy 90 £URFIN£ 'I 'i- «J3", 0 Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://www.asial.com.sg/lrtstocks on the Internet I IiMMiM BUSWCSS CENTRE i YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
      48 words
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      10 27 —«a Finest SCOTCH WHISKY *^9f^r» 4 t v*i|| .JP «A3T
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      Page 27 Advertisements Column 2
      132 27 To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Gen ting Lane Singapore *****7 Td 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate bos; prices include GST). Subscription Period □12 moot* 6Boat* [_J 3montfc> at Ss6o.to ntSs4Mt atSS2S.M Payment
      132 words
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      365 28 BUSINESS Y otic y in \h\ I K I |s| t I I IMI I I Kl I |s» m t. J |\s i "'idrSSikc' 0 TELECOM rTE LTD w! f*~ fun—ij flii Hid ij fcxtrect of the Minute* of an ■inordinary General Meeting signed by the Corporate Repreaentative of
      365 words
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      Page 28 Advertisements Column 2
      355 28 IN THE MATTEK OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF MONTAKK INVESTMENT PTE LTD NOTICE or FINAL MEETING NOTICE IS HEREBY GIVEN punuant 10 Scctioa 308 of die Companie* Act, Cap. SO, thai the Final General Meeting of the roeroben of the abovenamed Company will be
      355 words
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      Page 28 Advertisements Column 3
      30 28 Feeling 0 °o ou toc your •depth e 0 0 Q when it comes to aquarium care? Keep afloat with Aquariums. AVtijL q every Saturday in Straits Times Classified. |cata|
      30 words
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      Page 28 Advertisements Column 4
      135 28 Singapore Closing Share Prices 13/8/1 Me CLOSE PREV low high ■>»»» S2 SS ss SS FESSB*I iS d,r tr «t*9ie 3.24 3.24 3.22 3.24 rififijflfj Dairy Farm 0.815 0.80 0.80 0.82 BfcSWEdi Hongkong Land 2.31 2.32 2.28 2.31 wmmmm Mandarin onomai 1.40 1.42 1.35 1.40 Jardlno Btratogte WEB 0.29 Q.
      135 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      301 29 KRF/Global News Reuter WASa typically slow •tart to the week, with the fiarket generally in the goldrums and only a few new cargoes emerging, Brokers said. The BaMc Freight Index was marked 1 point higher at 1,063. Oct closed at 1,246, up 13, and Jan up 8 at
      KRF/Global News; Reuter  -  301 words
    • Article
      MARITIME STOCKS
      211 29 to -MO Wo M W brTDHIlHU—I 134 -0.03 to Oww Hap HaMkai. 1.04 MCh 54 SmtavMMwnt —129 *M1 29 MLS 4-30 -0JS 2M MWUt« 0.69 oxn 2 i»iT5i— »i 0.94 *OM» K j&sunHu* io4 MMh m NMCNZomo 0.749 -0.003 IM Imc ihhi >I—msM javtHoMnqs 100 -0.02 T7 Jgranq
      211 words
    • Article
      Lines focus on contract period, want more details
      479 29  -  REACTIONS TO PSA'S VIRTUAL TERMDIAL Medium and small carriers express interest, some fear they may become less competitive By Yong Mei Fong [SINGAPORE] The Port of Singapore's (PSA) new Virtual Terminal scheme offering carriers almost a private terminal of their own drew
      479 words
    • Article
      Longer haul ahead for Laem Chabang
      301 29  -  Hongkong terminal operators say they don't feel threatened From, Alan Boyd David Taylor in Hongkong GLOBAL Alliance vessels began calling at eastern Laem Chabang port late last year. Now that the consortium is locked into Singapore for the next 10 years, it will be
      301 words
    • Article
      China's Taicang Port plans expansion
      133 29 [HONGKONG] Taicang Port, some 50km north-west of Shanghai, is set to expand to a size equal to Ningbo, according to the China Business Weekly. This relatively small port was opened to foreign vessels last December and will now be developed to take 25,000 dead- weight
      133 words
    • Article
      Training the key to cutting losses at sea
      544 29  -  STRAIT TALK By\ Seafarer A FEW short months ago the shipping industry learnt that 1995 had been the safest ever, at least measured by the loss statistics produced by the Institute of London Underwriters (ILU). Well we had all better remember 1995;
      544 words
    • Article, Illustration
      Fels completes its largest vessel
      157 29 (SINGAPORE] Listed rigbuilder Far East Levingston Shipbuilding (Fels) has completed work mi a US$l6O million (*****.6 million) floating, production, storage and offloading facility for Norwegian state oil company Statoil. Fels clinched the contract on Nov 7,1994. The yard said in a state- ment issued yesterday
      157 words
    • Article
      Singapore yards urged to improve service quality
      242 29  -  One way to sharpen edge against growing competition: BO Lee By\ Rahita Elias [SINGAPORE] Singapore shipyards, which face growing competition and thinning margins, were urged yesterday to enhance the quality of their service package to sharpen their competitive edge. At the Hitachi Zosen
      242 words
    • Article, Illustration
      Lock icon Agencies find a new niche
      1092 30  -  SHIPPING AGENTS: STAYING ALIVE Lijier agents had a tough few years competing with new carrier-owned sales offices, but some are thriving again byjsetting up their own nonvessel-operating common carriers to handle freight for shippers By. Philip Damas Anierican Shipper Liner agents had much to fear
      Anierican Shipper  -  1,092 words
    • Article
      INDEX TO SHIPPING AND FREIGHT FORWARDERS
      431 30 PACE Fl-Bright 7 AtKkean 17 15 AEl M Famous 7 AFTShpg M F*»ide M ANL 3 Feedertran 7 Able 16 FooogSun 8 Accord 8 'rot* 8 Ahrenkiel 4 FrtUnfcs 13 Appenship 4 FrtWortd 7 Astro 3 G Link 17 Austral 9 Gajan 13 Avant
      431 words
    • Article
      SHIPPING GUIDE
      9748 38 EXPORT ETA rr* AdvartHar Vaual Voyaga T*Mp*oni ETA ETA Advarttaar Vimt Voyaga TaMphona Sin DmTk Mm Mama Numbar Number SIN D*»»'n Nam* Nmm Numkar Numkar N/M 21/H MISC 8 KEMUNING MR *5-*****22 T. ABIDJAN <ABJ) 2003 16 !SS" Y >">»> *>» /wry Coasf, Cof# D'lvolre "VM 2VM MOL
      9,748 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1963 45 ntcovmt or Pffotrr ret coctmmms amp ia auwo Bookktg/Monco Rstls SWi Voy No Etfc/ltr NrkX From To From MX ivztoo o/bm o/*m o/bm i a ohm m/mm m/o*m J M/0700 M0159 4,'40C 4 M/BM M/MM 14/1700 m nam 4 wuoo m/ms» motm OOM M/23M i O/BM O/BM U/H00
        1,963 words
      • Article
        CONVENTIONAL WHARVES
        455 45 ,HMI »oy»te Bfth Arrhol Po»ort»ro MH* B.OO/ttOO tTiIrfJ?T 1002 JK QM/23B 2 nmL SS? 4 m f om«3S r Mf* JOt ilnmiiii 13 00/1630 mi•*?* 22* m amnoeo H M4200 i£ JW QMflOM H cJH J" QM/U30 a, u oo/oms •y V* 301 ttaxpm 13.0S/t500 Clwwthwc 3W llnillll
        455 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Union Pacific merger gets final govt approval
        330 46 Purchase of Southern Pacific will create largest railroad in North America Bloomberg Business News [WASHINGTON] Union Pacific Corp's proposed US$5.4 billion (557.6 billion) acquisition of Southern Pacific Corp gained final approval from federal regulators on Monday, clearing the way for the creation of
        Bloomberg Business News  -  330 words
      • Article
        Lock icon Korea vows to open airspace to all foreign civilian aircraft
        197 46 AFP (SEOUL] North Korea on Monday vowed to abide by its pledge to open its airspace to all foreign civilian aircraft and indirectly criticised South Korean for its scepticism about the move. "We are doing our best to promote convenience
        AFP  -  197 words
      • Article
        Lock icon MAS finalises order for Rolls-Royce engines
        238 46 Trent 800 series to power carrier's orderoflsß777 AFP [KUALA LUMPUR] Malaysian Airline System Bhd on Monday said it had finalised an order with Britain's Rolls-Royce Aerospace Group to buy RollsRoyce Trent series engines for 15 Boeing 777 aircraft. Malaysia Airlines managing director Wan Malek
        AFP  -  238 words
      • Article, Illustration
        Lock icon Rally through Aussie outback
        53 46 [SYDNEY] Two Citroen 2CVcars beginning their trek along the rough Gibb river road in the Kimberly range in north-west Australia yesterday. The cars, taking part in the Citroen Raid rally along with 63 other 2CVs, are travelling through some of the most remote and beautiful country
        AFP  -  53 words
      • Article
        Lock icon Mitsubishi and Bombardier to develop passenger aircraft
        209 46 Bloomberg Business News [TOKYOJ Mitsubishi Heavy Industries Ltd said the company has started negotiations with Canada's Bombardier Inc to build a commercial passenger aircraft. "We are hoping to make regional jet aircraft" that will employ the wing technology of the Global Express aircraft,
        Bloomberg Business News  -  209 words
      • Article
        Lock icon Two Indian airlines to seek passengers' views
        187 46 Business Line [NEW DELHI] India's Civil Aviation Minister has instructed the country's two national carriers to carry out an opinion poll on board in a move to improve their image. Air India and Indian Airlines will issue a questionnaire to five passengers at
        Business Line  -  187 words
      • LOG Book
        • Article
          Lock icon Jet carrying Manila officials catches fire
          90 46 AFP [MANILA] The engine of an air force plane carrying eight Philippine cabinet members caught fire just before takeoff yesterday but the 36 passengers and crew were unharmed, a military spokesman said. The fire, which was traced to a fuel build-up in the engine,
          AFP  -  90 words
        • Article
          Lock icon 10,000 killed on Indon roads each year
          58 46 AFP [JAKARTA] Accidents on Indonesian roads killed an average of 10,603 people a year in the decade to 1995. There was an average 0f25,523 serious traffic accidents each year between 1986 and 1995, the official Antara news agency yesterday quoted the director general
          AFP  -  58 words
        • Article
          Lock icon Air France mute on American link report
          82 46 Reuter [PARIS] French flag carrier Air France declined comment on Monday on a London newspaper report which said American Airlines could strike an allianf** with the French airline if Britain blocked a planned link up with British Airways pic. "No comment," an Air
          Reuter  -  82 words
      • Article
        Lock icon China to mass produce natural gas-fuelled cars
        280 46 Reuter [BEIJING] China has plans for commercial production of cars that run on natural gas to try to reduce pollution in its congested cities, an official at the Ministry of MachineBuilding Industry said yesterday. The ministry had begun developing cars fuelled by compressed
        Reuter  -  280 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1416 46 cm FII6HT ETA FU6WT ETP LM77I 1605 LH779 2359 AtaDhaM S0442 2025 LM772 1615 AMaMa S0229 2220 0F6 1805 Amm RJ182 1445 RJ183 2225 F-U,0 J S09W 1645 ***** 0,20 Amstartfa* KL831 0935 UI3I 2300 ***** 2120 508,0 1020 GA893 1205 UJ34 2345 *"741 1300 S0176
        1,416 words
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      16 29 Shipping agencies find new way of staying afloat Niche in nonvessel operating common carriers. Paige 2
      16 words
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      Page 29 Advertisements Column 2
      53 29 Union Pacific merger gets final govt approval Merger will create US largest railroad. BackPtfe //////</ s> v 9 EXPRESS i *J SERVICE TO 4 I QINGDAO j k 7 DAYS -W Ml TRANSIT Hjl i im Agent: Barwil Agencies Pte Ltd Hotline: 329 0531 or 329 0503 200 Cantonment Road
      53 words
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      667 30 LPWjCTTQWaTCOAST 7"" wryr rnitrai ■iimiii ---«—■ar vma Ivor |ms«|fn>sH ul oa I va 1 sa 1 o« I hqu I o« I t ™1 E ss 1 asr-aM srstzz^z^srisr ajgf. \m Iz 8g 1% SS RS S£ Kg 'Mm "<S 5£ £Zl --y»,--■rwuunm w N/n »/w n/« tj/» em vm
      667 words
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      Page 30 Advertisements Column 2
      406 30 Unw ewvkw repcewm*! by MamtMrs o( Mw RagMry of Mmtwraaftw Aocradtod Shipping Aganta, EUMMJSIng«por» FwtgN rotwrtw 1 S"por» National Shipping Amoc MinrWun. copies of your Shipping Times Iris Lim 740-2044 Tan Lip Cluuui 740-1645 Jarrod Leony 740-2089 Philip Koh 740-2882 SIS!, g w M 52 »f--g*!— S3 Mi WIM JUI
      406 words
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      911 31 EXPORT TO: TO: JEPDAH/UK/CONTINENT waai rtme mm sum STI aiso accifting cargo km: tUMGAKUNGI 1324 14/Ot 01/09 03/09 04/09 07/09 GLASGLOW GRANGEMOUTH MEDUOYD HONSHU 3314 17/00 07/09 05/09 01/09 03/09 nums 5334 21/00 10/09 00/09 11/09 AMD SOUTHSHIILDS l*»a 1334 23/04 00/09 10/09 13/09 14/09 MEMEN CFS/ICL TO: MEDITERRANEAN (MED
      911 words
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      Page 31 Advertisements Column 2
      1452 31 HANJIN SHIPPING p«i»/w. I■" I mlm I m» Iro I m l m iSSSS -SS--Jl5- ?JZ *<°—" m m mm m Km se. >v «m~~x*r Jj£L i?£?- ijg_ jjg_ _gg_ jj£j_ m/m_ M/w y U/w u/w u/w M/W n/w u/w m/w u/w j im-ljjr """ww ,y/H lv w/l 13/ l'
      1,452 words
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      Page 31 Advertisements Column 3
      88 31 1* ORIENT EXPRESS LINES (U.K.) LIMITED 1 llilii (MANAGER FOR SHREYAS SHIPPING LIMITED) VOT SiiCAPOtI KMNBAY VlSSfi VOT IOMAY SMGAPORf I iAMPHUNNAVg 201 24/06 01/09 LAMPHUN NAVEE 200 18/06~ 24/08 EUZA 301 28/06 09/09 EUZA 300 20/06 28/06 QMENT MUMBAI 102 01/09 09/09 OHENT MUMBAJ 101 24/06 01/09 ACmRIA 200
      88 words
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      1079 32 *tssa wr Imum I cimimo" am jg* samwrrai mmm mwhwa bhtchm mar itmwi tfIBBMIWKS vm I IVI I_= M 14 IS IQ. ywaiwaamss ama I im i/i ut la MLttBMIS 07W3? I 17/1 31/1 1/1 M W RXTOUT OIWQ3 I 17/1 JM Wt ~V» !/»-</» gajg '0 a ramiow amn
      1,079 words
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      Page 32 Advertisements Column 2
      1190 32 I NORASIA I v*s««l voy Ism pkll qoa las bclvalalqrot ant m. lna I I SSJS* 1 *m mm mm nm mm itmmmmmmmmml I sff n« !MI M 11A (Ml IMI 17m 12M 11m UM ISM I I *****55. ttm am nm mm um bm t*m nm am am nm
      1,190 words
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      Page 32 Advertisements Column 3
      397 32 Direct Container Services i -nj I tO -ii, T?l I Fangcheng 11 Zhanjiang S'pore Fanecfaeng Zhanjiang J J UARBAO 29/08 04/09 06/09 —< I ••lip /VU/fTRANS 1 »«p^UMrS^iki^fc4i—J Mrili PsiptM RO/10 Cniv AnpAf 3 RO/RO, Ramp Capacity apta 40 torn F tkavy lift opto 615 tarn I Md/MM/(Mryfdn(Mn4 Thai Fta§
      397 words
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      1086 33 STRAIT^HIPPIN^r^TD nft 10 Horn Chiang Road #11-01 Koppol Towors Singapore 0208 Tal: *****88 Fax: *****17 ItMH t HUWII COMVtimoMAt «»vi« rmrtmiri ttpmri w> i I Ivcsa I i moon smrnNow |mm I is/a I u/a 10/ a ouumjw»-« mnu I a/a I a/a smbm |mm l to/a lam I a/a
      1,086 words
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      Page 33 Advertisements Column 2
      1514 33 —o ■————n^——^ WEEKLY SAJUWGS WEST COAST SOUTH AMftfCA VU HQWtttOtIC CHIP-MMn, MM—-UMTS. SAM AMfONM 4} M?V WIMIAHO 41 MOTS -44WW I MM* -51 MOT j I- j t > UIMRIIW mmmubonmm ii mmt/M4 jommoma -j,,,, r vi ICOST AM SIHPrWIC Pit LTD km am cat mmmum cow* mhkzs wwik '-t
      1,514 words
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      Page 33 Advertisements Column 3
      552 33 wiipwg |ftlra 1 ml i lib|ihlbi|b|hi|wi| m| h _jm_ _hbl _m_ _ml jbJ| |wmmiu/m» iv our I &a I rum I aalHal I I mi nm mi na nm nm mT|I. I Blflff 1 I !!gK IMI I Ml IMIIMIMMMM Mf M» J I —am/an I iya I ivw I
      552 words
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      1065 34 fUROPfAJK^CANOIHAVWH«U#IOmUBBIA inu»« ["STIS" S" M w m 1.000.«« SS! SS ST ST S [STI i 8 IMMUMM ST Ml M M M El REPUTE RW-M6 7/1 tin M 21/1 23/1 2V» ISKSmt? 1M Ji* a* m" 3a it!» ASIA/MEDITERRANEAN/BLACK SEA/ElfflOPf SEBVCt fiSTI 810 V»TH OKJ FIX IN MM FU IHV
      1,065 words
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      Page 34 Advertisements Column 2
      911 34 ■neon msa yorm w m m mm mm iwt dm I vtssa vomm m ami dm tin u* iMOMB 04IWJ7W 15/ M fill 7VM V/m Ml IVM MR UN(OtKHI *****»l Ml OVM SToi Ml M I iMOMMD *****TW ?MI JW nw OVW OVW I UMCMKOtD SuTw IVM 14/ M 28
      911 words
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      Page 34 Advertisements Column 3
      522 34 SMCHHELO MAMNi AOBIOB M m LTD TEL: *****33 (12 UNES) FAX: *****15/*****03 -T TUX: R8 *****IMMP (SUnos) CR NO: **********0E nHHBI: f (Ntiu—l rtMapit) ACCEPTING FCI AND CONVENTIONAL j Vwi I y/mg STA lUMMttw I %888 i AbfOt 46W8 18/00 IfMlUL**. Q)toouti WIMWI 44W8 18/10 MonO—.DPbouM 1 1 |91 1081
      522 words
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      574 35 r,BSA x M MYANMA :IHBk FIVE STAR UNE (My—r Netleed Um) LJ! lufcl It YM|M (if—) mm vov sm m m Nil V*m mm mpt ftIWH 137W MPT %UUTSIA AMTS: MUSIIM SMPPMB AGMOtS k m n-u-241/Mo PRL m 92-93-*****91 MM m 92-94-M***** K* IE 92-97-*****21/4 bggk BANK UNE (A «mki
      574 words
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      Page 35 Advertisements Column 2
      1011 35 HYUNDAI I MERCHANT MARINE CO. UP. WE»TBOUNDTOEUROPE!^^^^BKQ?*****32^^^ PMA I W I P99 I WSSE/VOT VPT Imlbml lil ail blmilb U/M H/M 17/N HI MM MIW If/N H/W N/W 19/W 99/W N/W 19/W 21/W 23/W M/W NIOPUMa 32<W M/N 13/W IS/W 17/W IS/W IS/W 17/W N/W H/W 31/W miMM 3KW 91/W
      1,011 words
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      Page 35 Advertisements Column 3
      359 35 I FAMOUS CONTAINER UNES Jap* 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) 4 SAILINGS A WEEK TO r* C. BANGKOK 1 J AND REGULAR SAILINGS TO cSabang THA,LAND Jm,,.. \bahckok I m mm. f FOR BOOKING oA *****33 CONTACT AMY P. KLANG PH: 0203/*****02 (10 LINES)
      359 words
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      1291 36 IVCl VCT gL WY I Ivmß. I VQY I ii fr—«T, Tssy 1 =5 WANABHUM MM Wd In Pt to I ia/08 B.MAB OUA 81H Thu 16/08 It" 17AM MATHU BMUM* W-i mp. Lu» I 17AM BtlW 388 Sfi!— JZfiß Lo JSflB- <733 to -jjar^-rarM -H S? SS~ tew 117/06
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      Page 36 Advertisements Column 2
      755 36 11 DUXTON HILL, SlNOAPOMOSMO^^^^^^^cl^iSSTSJSoOol^^^^? WIAITI tWUTTLi WKVICi H vooai 1* wg I SIA UNK W 16/01 MI 17/08 LUCK 4007 WfO 14/08 FX I 16/o^l MCC WHWgI *066 SUN 10/00 MOW 19/00 «T* V ***** W 16/00 «UN IS7M >iAUWK OW I*/0> nil 10/00 LUCK 6000 «UN 10/00 TUI 14/
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      Page 37 Advertisements Column 1
      434 37 HUPICAL Waokly LCL A FCI Sarvkos nBHIPPHVT K> Caribbean A CanOrol a METEOR SL MERCURY >l v 007E 009E r Port Country 20/08 27/08 Belize C»y Belize 23/09 30/09 Barbados 26/09 03/10 Ccrtogena Colombia 25/09 02/10 Castries S». Lucia 25/09 02/10 Wrtds France Martinique 26/09 03/10 ifrwport Bahamas 21/09 28/09
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      Page 37 Advertisements Column 2
      579 37 I PACIFIC INTERNATIONAL LINES (PTQ LTD I I IL 140Ceci Street. MMN) PIL Building, Singapore *****0. I I CRN& **********06 Li I umti rii n/i :I; Bi —li—-Hi—ilplii M ivl;—^r~§j— feALSO ACOPTMS AMN, W9T SUDAN, HASUWA, ASSAA MRUUA YU UWMTI |S jj 7B mar m —M —iE S a EjKt=
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      Page 37 Advertisements Column 3
      783 37 **********02 vessels voy an damctta lehwme ikmwuwq tiiambtqrt huiiwoam ahtiwrp VJJPAOWA AH* Mm 31/0S o*oo I<*oo 12/08 WW WW wlledecawna cww 27/08 07/00 wm 17/00 n*oo 20*00 aw VIXE DC SAOfTTA 818W 09MB 14/00 2K» MM 2KS 27/00 SMS VILEDENORMA NWW JggL- Ot/YO OWO OVIO 08/10 •ALSO ACCEPTING CARGO TO
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      Page 39 Advertisements Column 1
      93 39 1 //—VISA I'KKKiIIT SKRVICKS I'TK I TP I sl.lhllslK ll SllK C l l >Nl mi /o/\/ news roil r \tio\ rrori i KI (.111 \K l\( >111* \i. I IU (»\s< IP \Il( IMI'OK I N I \l't »K I SI K\KI s OCKAMIA PORTS AIK KI.AXn SYDMA KKISIUXI
      93 words
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      1002 40 Mi ft AS AGENTS. "IT UMI (WKMWW) FT» LTD (BIMtMMB——feMMWTMMI I TH_ *****77 THIXKAVAKIRS23I6S FAX: *****1&7/&9 I T T^Tlj 1 MALAYSIA: "K" UNB MAftmMß (MALAYSIA) SON BHD JL aL MmJ M2J TEL-SA *****00 PK *****75 PEN *****20 J8 *****01 PGU *****256 j WDONESJA: P.T. SAMAHA LAUT BfTBRNUSA, TR; JKT *****08
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      Page 40 Advertisements Column 2
      451 40 fIW SAtftxKi} (s*., (Pet) j£cd. lajg (SHIPOWNERS t SHIPPING AGENTS) NMMfit 1 11 I.! msfl J5! 2S mm ww as mmmmi bet Sjtgy Nl» BfOET UUOtn^AMOMOA/UJUKMMK SJSU, mm— wrw tmStT HBaunm Hoot 21/N N/OI wwina %m IVN MNSS mm I hwi I hM I Svß aoopimo ta capoo wrnxuummmmv/mm om/wmum/vm*
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      Page 40 Advertisements Column 3
      861 40 BTiU'lill TWICE WEEKLY EVB*Y THURSDAY/SUNDAY ■I'IJ.MM ARRIVAL FRED DAY-MONOAY *g SL, I I"■ M> w lw MR wna tor ibi fit mm am fmm«• £2 «2 22 MX SLD £S«. u 3 I "1. Seem iS!I *2 I ow Gibraltar bricks mm su> su) i an m I ££122 I
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      Page 41 Advertisements Column 1
      545 41 rj s 5 iMjiramii I RKS^^wjy^iwn^iSSasl^l J I TIGER BRIDGE 468N 13-IVO6 19-2VC6 26-27/08 I 1 TIGER BAY 468N 16-17/06 21-2MJ6 3031/06 I [TIGER WAVE 460N 19-2006 2S-2SKB 02-0309 I I TIGER ISLAND 461N 23-24/06 »01rt)8 0607/08 I ■TIGER BRDGE 462N 26-27/06 01-0406 08-1008 I I J |KGERWWE 464N 02-0309
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      Page 41 Advertisements Column 2
      539 41 Sea BZ Land I DIRECT SAILING TO LONG BEACH I SL METEOR V.007E ETASIN ETDSIN I 20 AUG'96 20 AUG '96 wT S5 2r Sri2T!S a —"gT"Sg"lg"l2g""sg" hS 'S* -T&r-fi*-22 32 52 5255 !2 !M2 IM2 w hb n/w M/» SM «/M SK m« SM SS 52 2«! 52 £2
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      Page 41 Advertisements Column 3
      74 41 SHIPPING CO, LTD. MULTI-PURPOSE VISSII FOR RO/RO, I CONTAINER ft RREAR RULI CARGO L nssa 1 ypT I w 1 sat I it 1 I n 1 jw iqwro.ll m 17/w H/iia/M n/w ii/H rosin I vot I sin Inliilm I ib I jm wrw y n/u u/h n/u mwu
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      Page 41 Advertisements Column 4
      689 41 M EVERY 6 PAYS ra-ST&I Nedlloyd Lines TO AUSTRALIA BMQAEQKphone (OENEMuamn bate enquiriessiomvmo eraipmonbztotdio erahhmm I f, MRY WMt/PRWff II BUNGA PCLANGI /1326 16/08 SIA» OTMQ ZZL I Si^ 3326 as S& r» sg si I sass. ss r» SSJSS'"" SS 9W SS SS I sssnsr ss as i«- as
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      657 42 L-w— SAMUDERA INDONESIA (S) PTE LTD t MCCALLUM STREET #03-01/02 NATWEST CENTRE S PORE 0106 TEL: *****81-3 PAX: *****36 (3 HUMTIH6 LINES) TLX: R*****0 r CR NO. IM7CMMNI CALLDIRECT LINE: *****41/*****43 JESSICA/CELIA 3SU3SWEEK I*"* |*H |JAK 1 IveMfc. Iv6v|iw Ifert 1 'SWARNUSA'NPT 17/08 (SAT) LUMOSO EXPRESS 931 IN PT 17/06
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      Page 42 Advertisements Column 2
      415 42 TO E. CANADA US ATLANTIC US QULF ££?U*VA2£ .JPO* Hgm NOJgOLK HXgpm SAVANNAH TAMPCO HOUSTON IHOCQHOUKE 0836 28/29 AUG 120 AUQ 15 OCT 18 OCT 21OCT SoCT 24 OCT 11*57 2»££T MOeOM MtRANOA 0738 18/17 SEP jOB SEP 01 MOV 04 NOV 08 NOV 12 NOV 08 NOV 18 NOV
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      Page 42 Advertisements Column 3
      490 42 J. Singapore Soviet Shipping Co. Pte. Ltd. co 00:**********00 BOMBAY/COCHIN VESSEL VOY ISIN BOM ..J TRAM FAST TFSI66 21/00 28/06 KOTA CAMAY* CAHIO3 27/00 08/00 MEKHANIK KURAKO MK22N 91/00 OMN VANESSA Om 17/00 t KBiamatiMMiwt VE8 EL VOY I S PORE I ILYCHEVSK EVER GOLDEN 0121-064W 20/00 17/00 EVEROLEAMY 0122-068W
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      Page 43 Advertisements Column 1
      788 43 SUPER EXPRESS SERVICE TO SEA lAL SHIPPING AGENCY (S) PTE LTD TKL NOSs *****60 (INBOUND) *****77 (OPS) FAX: *****33 CFS: *****31/*****42 CM NO. **********0Z INBOUND FROM JAPAN VESSB. VOY OSAKA KOBE YOKOHAMA TOKYO HOM6KON6 P.KELAHG fIfcSAPOHE SEA RANGER 31_t 16-17/08 18-19/06 AS POLLUX 321 IVOB 23-24/08 25-26/06 AS PEGASUS 331
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      Page 43 Advertisements Column 2
      966 43 BE t»n»|w|Br|y I»i B.|fcTTn5FH \s% a»iff<r isgi" l I— i" i* isiLiaiafi^t 522" SSSSS 82 SS SS 22 Ra 35 !if »k. IS £2 nZ- >S 22 £2 »m 22 a* mm- *M %M vm n» tm 22 32* mm i/jf MM l? 2 *2 um um UM mm UM
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      Page 43 Advertisements Column 3
      458 43 =^=^^^^==g==========^^^^^^===gH| iMWiir re Jocmi WMC/rr isfi mr wi I w ir I w rw-r-c mm m mnx immm j—» mm ni/M ovn mm m mm mm mm um ■mm mmm mm <m/«i os/m m/m bm mm mmmsmuu mm mm mm w ■www Ml (M/M (1// M M M M/N m
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      648 44 AS W PB f ffA SINO IXPRISS SHIPPING (PTI) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m TEL: *****00 (4 LINES) FAX: *****96 TLX: R*****1 SINOEX SIHQTMAHS SHANGHAI (COWTAWH SERVICE) Also occepting container cargo to: VBSa/VOY eta SIN eta hkg etasha W/T HKG: Bdßoo. Chiwon. JIN
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      Page 44 Advertisements Column 2
      682 44 Lan mm CONTAINER LINES, INC I A— f I MAC Wit tWWKs *****22 (24 UMES) IICHMQ: (062) *****3 I l-i\-/\~ J 6*«9M66«919i66* 9«U:tP9«» *****9 MAMLA: (632) *****61 'WMJttWWBI BANGKOK: (682) *****67 SURABAYA: (31) »1 MO ft KKLAHQ: (03) 366W77 JKT: (21)*****67 IPN: (61)***** 6*HDUMQ:<Z346MBW 20TH ANNIVERSARY OFFER:-(LOWEST-LOWE6T RATES) SYDNEY/MELBOURNE/BRISANE ETA
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      Page 44 Advertisements Column 3
      346 44 i tel WENDER CONTAINER LINES ATTRACTIVE Al FCL/LCL RATES TO: Indian Sub-Continent Ports: MADRAS/BOMBAY/ CALCUTTA COLOMBO CHOTAGONG/ NHAVASHEVA/ PORT KELANG PENANG MADRAS WWSHPG FWDG (P) LTD TEL: 91-44-534 0450 FAX: 91-44-534 0200 BOMBAY WWAGENCIES PVT LTD TEL: 91-22-207 5832 FAX 91-22-207 5831 PKLANG SIIASA MASYHUR SDN BHD TEL: 02-03-368 9199
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      110 45 'fA f1« Mk K*m 4.1 krl■ 11 I k I*l I msm^bsbM t ——M^M ■I^HIHPWPPMPBIPPiPmiPt^H^H y STpoiaPKaliljLoadlnota^^^^^l ■OZGUR AKSOY 14/06 18AM RdrrVAtWUK/Nari I ASPILOS 2CVO6 Alw/RdrrVUK I Load» EAW. Indor—to J V Log|j|pg fa. f I PAN CRYSTAL Dubai/A. Dhabi/DotWßahrain/ I I Damman/Kuwart I fcil PBTO OubaVA. Ohatoi/Dah^Btfv^n/DanirrwVKuwaitl IEI AYNURKALKAVAN
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      Page 45 Advertisements Column 2
      66 45 •Egßasasaaßaa SINGAPORE *****9* TEL 295 MOO'FAX. 298 9639 CALL US NOW" ATTRACTIVE RATES FOR REGULAR FCL/FCL SAILINGS JAKARTA QINGDAO, SHANGHAI SURABAYA HO CHI MINH HONGKONG BUSAN BANGKOK KAOHSIUNG LAEMCHABANG COLOMBO P.KELANG CALCUTTA PENANG MADRAS SHANGHAI BOMBAY TEL 2§J 8400 G UNK EXPRESS PTE LTD vyj U 531 70M Fax: 531
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      Page 45 Advertisements Column 3
      194 45 USA Singapore to all USA destinations via Los Angeles 1 We accept both FCL LCI, vessel departs every Monday. For general enquiries, please call 542 7668. For booking, please call )«nny TUn at 548 9584 or Stella Can at 548 9585. JIN XING DISTRIBUTION SERVICES PTE LTD I FOB KLANO
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      97 46 CORRIGENDUM We refer to the advertisements published on Page 4 of the Shipping Times on 17th July '96, 24th July '93, 31st July '96 and 7th August '96 and to our letter to our customers dated 10th July '96 wherein it was mentioned that NORASIA AGENCIES (S) PTE LTD had
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      76 46 M.V. "ADVENTURE QUEEN" V0Y.21 ARRD 3 AUGUST M M.V. "LADY HOPE" VOY.I ARRD 5 AUGUST M M.V. "BROTHER HOfE" VOY. 21 ARRD t AUGUST N Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the IS August 1996 *****200
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  • Page 46 Miscellaneous
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      130 46 I IAIAMikA«I I W LEGEND: R Thunderstorm T*mp*rotur* c < A y KJwer W#oth*r Wind direction with sp**d in knot* •C VJEUsky Wovh^ht Sorfoco wind* or* indicated by arrow* wtudi Hy with tfce wind On* hJI arch r*pr***nt* calm or light and vonobi* wind* J_ On* half ftech* r*pr***nt* 5
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