The Business Times, 16 August 1996

Microfilm: NL20626
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, AUGUST 16,1996 „hsc
    13 words
  • Article
    MARKET SUMMARY
    68 1 an 9001*7 (+2.37) Pf BTOOKP U *****1 (+4.17) ■WIT-USA U *****6 (+1.10) Q MAKKFTMOOD; mm Mai SltMl 11KET HMCBS Thursday Change KLSE OOMP 1096.04 _L_.-4.52 NIKKEI *****.25 -1186 HAM8SNG *****J9 -8.88 8ET INDEX 1088.90 +0.86 JAKARTA COM P—532.41 449 MANILA OOMP _...J09*.7S -8.06 TAIPEI WPI 6284.33 -89.00 SEOUL
    68 words
  • Article
    FINANCE
    68 1 wwi—t uai KATES USt St 1.413 i_ Ii68„ 1190 DM 0.671 0.SM YIN >WS 1.J07 MlHKI 0.401. .0.567 0.129. J.18S RAHT 0.040... 0066 RUPIAfllOO.. 0.043 0.060 FHMBIATB8 SINGAPORE* .6.44 KUALA LUWUR. ai5 JAKARTA 18.00 BANGKOK W.75 MANILA 14.50 HONGKONG 8.75 TAJPH..... AM SYDNEY 10.75 TOKYO 2J6 SEOUL 1100 ZURICH**
    68 words
  • Article
    S'pore aims for top spot in disk media production
    626 1  -  Plan is to meet 30% of the world's disk media needs by the year 2000 By Jennifer Lien [SINGAPORE] In a bid to retain its position as the world's hub for making hard diskdrives, Singapore is aiming for the top in
    626 words
  • Article
    Electronics may see negative 2nd half growth
    435 1  -  At best, growth will be single-digit: economists By, Jennifer lien arid Annette Pan [SINGAPORE] Economists are predicting anything between negative growth to single-digit percentage growth for the local electronics industry in the second half of this year. In a poll conducted by The
    435 words
  • Article, Illustration
    Lock icon Three Singapore architects and a lawyer hit the wine trail
    333 1  -  By. Agnes Wee [SINGAPORE] Four Singapore professionals have teamed up to go into the wine business in South Africa. They have forked out more than $2 million to buy a 45-ha vineyard in Paarl, a vineyard district, 40 km north
    ARTHUR LEE  -  333 words
  • Article
    Esplanade Mall draws higher than expected bid
    535 1  -  $292 m bid by HE Land onit is 25% above nearest rival's By, Abdul Hadhi [SINGAPORE] Signifying foreign confidence in Singapore's commercial property market, Hongkong Land has put in a much higher-than-expected bid for Esplanade Mall, the prime state site sandwiched between Raffles
    535 words
  • Article
    Lock icon German doubts over EMU
    108 1 AFP {BONN] A large majority of Germany's corporate leaders doubt that European monetary union will become a reality in 1999 and do not believe Germany will qualify for the single currency, according to a survey by the Ifo institute published yesterday. Of the 702 business leaders
    AFP  -  108 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Cheow Tong sees slowdown lasting 3 to 9 months
      355 2  -  Oi/i Chcuang Peck Ming SINGAPORE is facing an economic slowdown lasting up to nine months due to a sluggish market for its key electronics industry, Trade and Industry Minister Yeo Cheow Tong warned yesterday. "I think we have to brace ourselves
      355 words
    • Article, Illustration
      Lock icon Pidemco buys 2 properties in St Martin's Drive
      494 2  -  Company paid over $45m for apartment Mock, bungalow in prime enclave: sources By, Jenny Lam PIDEMCO Land has pulled off another two prime property deals, this time in exclusive St Martin's Drive which has become a popular residential en bloc sale area.
      CHRIS LOH  -  494 words
    • Article
      SingNet fined $5,000 for service lapse
      359 2  -  It fails to meet TAS standard »f 98% rasing tine Byi Genevieve Cua THE Telecommunication Authority of Singapore yesterday said it has fined Singapore Telecom's Internet gateway Sing Net $5,000 for failing to comply with a Quality of Service standard in the second quarter
      359 words
    • Article
      Hong Leong unit to spend 1b yuan on compressor plant
      240 2  -  By, Ang Wan May A JOINT venture of unlisted Hong Leong Corp is pumping one billion yuan (Ssl69 million) into a compressor plant to bolster up its production of refrigerators. By making its own chloro-fluorocarbon-free compressors, Henan Xinfei Electric Co
      240 words
    • Article, Illustration
      Lock icon Bank loans up 18% in June
      320 2  -  EYE ON THE ECONOMY Finance By Shiv Taneja OVERALL bank loans to non-bank customers grew 18.2 per cent to $119.4 billion at end-June, the highest growth rate since January this year, according to latest figures from the Monetary Authority of Singapore. The property sector
      SOURCE: MAS; ALLAN  -  320 words
    • Article, Illustration
      Lock icon TT reveals the art of making money
      620 2  -  .T~7r>> spotlight on SINGAPORE'S BEST By. Annette Pau KEEP a low profile, make money quietly. This approach is advocated by the directors of TT Importers Exporters Pte Ltd, Sng Sze Hiang and Julia Tong. And it has certainly paid off for the 12-year-old
      ARTHUR LEE  -  620 words
    • Article
      Sixteen entries selected to vie for design awards
      149 2 SIXTEEN out of 123 entries have been shortlisted for this year's Singapore Design Awards (SDA), a competition to promote product and packaging designs here. The biennial awards are organised by The Design Centre, a division of the Singapore Trade and Development Board
      149 words
    • Article
      Rafidah urges joint moves to tap regional projects
      485 3  -  She says opening of TDB office in Kuala Lumpur is testimony to growing trade ties From Ven Sreenivasan in Kuala Lumpur SINGAPORE and Malaysian businesses should form partnerships to capitalise on investment opportunities in the region, Malaysia's International Trade and Industry Minister
      485 words
    • Article
      High-tech firms offered a Dutch route to Europe
      362 3  -  By' Toh Han Shih THE Netherlands can be a gateway to Europe for Singapore high-tech firms, and the two countries can jointly market green technology in Asia, said Joseph Kieboom, director of the Netherlands Foreign Investment Agency (NFIA). NFIA, set up in
      362 words
    • NEWSRoundup
      • Article
        ERA's July sales up 31% from last year
        83 3 THE cooling property market has not daunted ERA Realty Network, which said it closed $203 million sales in July, up 31 per cent from last year. ERA president Jack Chua put it down to the agency's well-trained and experienced sales team. The
        83 words
      • Article
        Jayakumar heads for Vietnam
        28 3 MINISTER for Foreign Affairs S Jayakumar will a two-day official visit to Vietnam today at the invitation of his Vietnamese counterpart, Nguyen Manh Cam.
        28 words
      • Article
        J Y Pillay to get honorary degree
        58 3 J YPlllay, Singapore's High Commissioner to the United Kingdom and Ambassador to the Republic of Ireland, will receive an honorary doctor of laws degree from the National University of Singapore. The NUS said the degree was in recognition of his distinguished public service
        58 words
      • Article
        Thai military chief gets top award
        82 3 THE supreme commander of the Royal Thai Armed Twees (RTARF), Viroj Sangsnit, was conferred Singapore's highest military award, the Darjah Utama Bakti Chemerlang (Tentera) —also known as the Distinguished Service Order (Military)—by President OngTengCheong at an investiture ceremony at the Ministry of Defence yesterday.
        82 words
    • Article, Illustration
      S'pore firm to produce TV cartoon
      308 3  -  Byl Corinne Kerk IN WHAT is said to be a first for a local animation firm, Animasia, a unit of the diversified Wuthelam Group, has landed a contract to produce a 24-episode animation series for a Canadian studio. The animation work for the children's
      308 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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      63 words
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      Page 2 Advertisements Column 2
      64 2 I a network of international officea,OCftAprovideaconMantial and coat Ml company formation in aN tha major low tax araaa II indudinfl: II FuH Proteaaionai aftor sates swvkm provided. ForaFßEEcopytfour| 100 pag« colour brochure of to arrange a consultation contact: MS DIANA BEAN, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD
      64 words
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      Page 2 Advertisements Column 3
      38 2 I Effective Chinese Bis Communication 1 t 16/9-30/10 (Mon.Wed) 7.00pm-9.30pm fl Effective Chinese Bis Communicstion 2 18/9-2/11 (Wed.Sat) 7.00pm-9.30pm Business Mandarin Conversation 17/9-15/11 7.00pm-9.00pm t Effective Chinese Bis Letter Writing J 19/9-21/11 (Thura) 7 OOpm-9 00pm M y
      38 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      20 3 ror expertise in building services and environmental engineering Plant Established s/nrp 1929 Tel: 222 0665 Fax: 224 8358 L- J
      20 words
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      Page 3 Advertisements Column 2
      32 3 m jjF Eg*s?flpßy Allsy A M r**&^>. CHANEL EXCLUSIVELY AT THE CHANEL BOUTIQUES: NQEE ANN CITY, 391 ORCHARD ROAD. SINGAPORE TEL: *****20 ISETAN SCOTTS. 350 ORCHARD ROAD. SINGAPORE TEL: *****21 *V J
      32 words
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  • FOCUS: ADVERTISING & MARKETING
    • Article, Illustration
      Aware of some double standards?
      354 4  -  Poster campaign also aims to give Aware an identity, publicise its services By< Clarissa Tan [SlNGAPOßE] "117?:! m f m f she a WW cfc W W mand r V W one of the latest posters for Aware; Singapore's only feminist organisation. The poster carries
      354 words
    • Article, Illustration
      Tendence to see over 5,000 exhibitors
      392 4  -  Frankfurt consumer goods fair displaying high-end products Ry I Clarissa Tan [SINGAPORE] The world s largest consumer goods exhibition, Tendence, will set a world record this year by having more than 5.000 exhibitors at its Frankfurt show from Aug 24-28. The annual international fair
      392 words
    • Article
      Singapore adds Internet edge to conventions
      315 4  -  By. Agnes Wee (SINGAPORE] A new Information Technology service that may revolutionise the way conferences in Singapore are held makes its debut at a summit to be held here next month. It will be tried out at the Information Superhighway Summit Asia '96 (ISS
      315 words
    • Article
      MEETING PLACE
      36 4 Dvattaa TWa Vaaaa r Hifru Aa«tMi Hazardous Mattria* TUpin niwinftiMHi ActIN* WMHa 11»1»MtaiaftK*c Staptort AJCLMMHom AewNh»w< Saotac Cantr* TatBMM Attractions Conftrcnca 2MUamM SNapan c/a CO* Pta LM SatfacCaatr* TatZTHMi WaraHliaal Sadaty afllaawMafr WwWJraSl Source:
      36 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      98 4 I iirVW 'jp-*'-" i-HWIBa -W P SINGAPORE TH6 HOURGLASS fatcasfwncrya Shopping Centre Tel *****20 Lucky Ptaza Tel *****62 Scotts Tel *****27 Centrepant Tel *****98 Peninsula Plaza Tel: *****09 Raffles Hotel Arcade Tel *****41 MiHenia Walk Tel *****70 MALAYSIA THE HOUR GLASS Lot 10 Shopping Centre. Kuala Lumpur Tel: 03-*****20* INDONESIA
      98 words
    • Advertisement
      Page 4 Advertisements Column 2
      207 4 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 And giving you the opportunity to develop as a top class executive. Pidemco Land is one of Singapore's largest property companies with assets of over $4 billion. Poised for growth locally and overseas, the group seeks a high achiever as: SENIOR CORPORATE
      207 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Megawati questioned by police again
      431 5  -  Jakarta PDI supporters keep l«w profile ahead of Independence Day ceiobratioos By S N Vasuki INDONESIA'S embattled opposition leader, Megawati Sukarnoputri, was yesterday questioned for the second time in a week by Jakarta police investigating the July 27 riots that rocked the Indonesian capital. Ms
      REUTER  -  431 words
    • Article, Illustration
      Lock icon Asean entry best way to change Myanmar: Dr M
      244 5 KUALA LUMPUR AFP MALAYSIA'S Prime Minister Mahathir Mohamad yesterday said Myanmar's early entry into Asean would be a more constructive way of speeding up economic and political rhangw there. "If we bring Myanmar into the Asean fold, there will be things
      AFP  -  244 words
    • Article
      Laos cuts corporate taxes to 20%
      289 5  -  VIENTIANE By I Harish Mehta LAOS has slashed corporate tax rates from 25-45 per cent to a flat 20 per cent for all industries. And the country is prepared to reduce rates even further, on a case-by-case basis, in a bid to boost foreign
      289 words
    • Article
      Coalition govt will stay united, says Banharn
      299 5  -  BANGKOK Palang Dharma's withdrawal a severe blow to fragile govt By: Loh Hui Yin PRIME MINISTER Banharn Silpa-archa yesterday asserted that his coalition government will remain united despite the suddeq pullout of the Palang Dharma Party. In a television interview, Mr Banharn said;
      299 words
    • Article
      Lock icon Foreign investments set to drop
      126 5 HANOI Reuter VIETNAM expects the value of foreign investment projects approved this year to fall to around US$6.5 billion (Ss9.l bWion) from U517.4 billion in 1995, Vice-Minister for Planning and Investment Nguyen Nhac said yesterday. However, Mr Nhac said his ministry expects foreign investors to
      Reuter  -  126 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      75 5 i...- KP I I vM I I H V E v when the situation starts heating up, there is no hurrying a Tiger Classic. Because Tiger Classic is brewed with special crystal malt for a rich aroma, refined taste full body, and amber sunset glow, that's why savouring Tiger Classic
      75 words
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  • FOCUS: THE TOMSON PACIFIC SAGA
    • Article, Illustration
      Law catches up with Tomsongate
      2250 6  -  Movie stars and corporate bigwigs figure in a web of complicated share transactions which eventually led to a two-year public investigation Reports fhnti Quak Hiang Whai in f/ongkxmg O Singapore-Chinese W H movie fans, Hsu Feng and J Hsu Jye are known more H for
      2,250 words
    • Article
      Charges brought against the five
      235 6 ALL five accused are jointly charged with plotting to defraud the Securities and Futures Commission and the Committee on Takeovers and Mergers by keeping secret the true ownership of shares. David Tong was also accused of offering HK526.4 million to Arthur f- 3 in return
      235 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      65 words
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      Page 6 Advertisements Column 2
      76 6 HHHHHHHHHMfIHBnHHMi KUOK (SINGAPORE) LIMITED 5550.000.000 FLOATING RATE NOTES DUE IMS AH In accordance with the provisions of the Notes, notice is hereby given that tor the six-month period from 15 August 1996 to 18 February 1997, the Notes wiJI carry a rate of interest of 4.3125 per cent per annum
      76 words
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      Page 6 Advertisements Column 3
      20 6 >•« Tl 'mflfc '--dTSi' c jihfc: I I'lf fl If l-l" K "f f.» v', ..j i v* I if j
      20 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon China investments need to be reviewed: Teng-hui
      394 7 TAIPEI Analysts say the president's comments will affect companies with plans in China Reuter AFP Bloomberg Business News TAIWANESE President Lee v Teng-hui has said the island v needs to review its policy of targeting China as its main market if it wants
      Reuter; AFP; Bloomberg Business News  -  394 words
    • Article
      Lock icon Warning of Japan's militarist revival
      228 7 BEIJING Reuter IN A call to mark the 51st anniversary of Japan's surrender at the end of World War 11, China warned yesterday of a possible resurgence of militarism in Japan. "We must be on alert for the possible revival of militarism in Japan," said
      Reuter  -  228 words
    • SINOBriefs
      • Article
        Lock icon China recruits more Internet users
        67 7 AFP [BEIJING] Government fears over the dangers of Internet links in China have given way to a recruitment drive for Chinese users, reports said yesterday. After February's crackdown which required all users to register with the police, the ministries involved have given the green light
        AFP  -  67 words
      • Article
        Lock icon US told to cancel missle sale to Taipei
        74 7 Reuter [BEIJING] China demanded yesterday that the US cancel plans to sell the Avenger anti-aircraft missile system to Beijing's rival Tai* fan to prevent new damage to Sino-US relations. "We demand the US side... cancel plans to sell missiles to Taiwan to
        Reuter  -  74 words
      • Article
        Lock icon China's trade surplus hits US$2b
        67 7 AFP [BEIJING] China's trade surplus totalled US$2 billion (512.8 billion) in the first seven months of this year, according to Customs Department figures reported in the official China Daily newspaper yesterday. The seven-month figure was bolstered by a huge trade surplus in July alone of
        AFP  -  67 words
    • Article
      Lock icon Nomination process begins for post-handover govt
      262 7 HONGKONG 2,000 forms handed out for nomination to selection panel AFP THE Beijing-appointed Preparatory Committee started yesterday a nomination process that will lead to the formation of Hongkong's first government after the territory is returned to China on July 1 next year. Local organisations
      AFP  -  262 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      69 7 ChristofJe Paris _j Yri% JS 'jjjj' PaTva SSI62 withCST Pavilion ChristofJe The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3 Tel 733 7257 Espace Christofle: Robinsons 176 Orchard Road, Level Centrepoint, Singapore *****3 Isetan Scotts Level 4, 350 Orchard Road, Shaw House, Singapore *****8 Takaskiaaya Singapore Basement
      69 words
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      Page 7 Advertisements Column 2
      394 7 I Jm HMPP Jr I I '-*Hi H ?K I hSe I I I H L J I IV W >. ;H I I V I I If ?j-.ij* 'B I has leaf to do business? I Simply stated, it is a of a perfect environment. Groups B of Afferent
      394 words
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  • ASIA
    • Article
      Lock icon S Korea must double output to stay affluent: Kim
      344 8 SEOUL President's N-Day address also urges thrift to ease economic crisis AFP Reuter PRESIDENT Kim Young Sam yesterday said South Korea must double its economic output to US$l trillion (Ssl.4 trillion) by early next century, and boost trade to US$5OO billion,
      AFP; Reuter  -  344 words
    • Article
      Lock icon Asian migrants get best treatment in NZ
      267 8 AUCKLAND AFP ASIAN migrants received better treatment in New Zealand than anywhere else in the world, said a study published here yesterday. "New Zealanders today, on the whole, do not reflect the kind of extreme hostility and anger against non-white immigrants that is
      AFP  -  267 words
    • Article
      Lock icon India firm on blocking N-test ban pact
      149 8 NEW DELHI Reuter INDIA yesterday stood firm on its decision to block a nuclear test ban treaty and pledged to press ahead with two controversial missile programmes. In a televised address marking the start of the 50th year of India's independence, Prime Minister
      Reuter  -  149 words
    • Article, Illustration
      Lock icon Casting the first stone?
      112 8 [SEOUL] A South Korean student hurling a fist-sized rock at riot police after they stormed the Yonsei University campus here yesterday. Thousands of police officers, assisted by helicopters and tear-gas launchers, stormed the campus in an attempt to end a student rally calling for the reunification
      AFP  -  112 words
    • ASIANotes
      • Article
        Lock icon India to create its 27th state
        83 8 Reuter [NEW DELHI] India, bowing to local demands, yesterday announced plans to carve out a new state from the Himalayan region of northern Uttar Pradesh. Prime Minister H D Deve Gowda said yesterday that the government would hasten the process to create the state,
        Reuter  -  83 words
      • Article
        Lock icon Australia may have to introduce GST
        116 8 Bloomberg Business News [CANBERRA] The outgoing governor of the Reserve Bank of Australia Bernie Fraaer said the government may have to reconsider introducing a consumption tax. "I think we are going to have to find ways of funding lots of programmes that no one
        Bloomberg Business News  -  116 words
      • Article
        Lock icon NZ jobless rate down in 2nd qtr
        103 8 Reuter [WELLINGTON] Strong June quarter jobs growth surprised New Zealand's financial markets and reinforced the need for Reserve Bank caution before any easing of interest rates, economists said here yesterday. Employment grew by 0 A per cent over the quarter, compared with average
        Reuter  -  103 words
      • Article
        Lock icon Gays Road had to go, say resident
        83 8 Reuter [BRISBANE] Residents of Gays Road in the remote Australian mining and farming town of Emerald have forced the local council to change their street name because they were fed up with being labelled homosexuals. The street will now be known as Hogans
        Reuter  -  83 words
    • Article
      Lock icon Opposition's no-confidence vote?
      180 8 TOKYO Reuter A SENIOR official of Japan's main opposition party said he does not rule out the possibility of a no-confidence vote against the government when parliament meets in October. "We will think of all possible measures to dissolve the diet at the earliest date," Takeo Nishioka,
      Reuter  -  180 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      76 8 to arra "g e a test drive contact: Motor Ultima Pte Ltd, 15 Queen Street, #01-01 Tan Chong Toweq Singapore *****7. Telephone: 338 3844 i■ —t*-Jl transmissionv^^^Bß|Kp^P^Siilli^^^pHP^^^oPBß Invrquattro there's only one thilg 5®5f18 i Book an Audi A 8 test drive. I We threw out conventional transmission systems. Conventional controls.
      76 words
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  • THE WORLD
    • Article
      Lock icon Top UK watchdog seeks global help on LME reform
      517 9 LONDON Traders asked how rules can be changed to make prices more transparent, stop price manipulation Reuter BRITAIN'S top market regulator yesterday sought industry help worldwide in a bid to reform the opaque, multi-tril-lion-dollar London-based trade in metals following the Sumitomo
      Reuter  -  517 words
    • Article
      Lock icon US industrial output up for 4th month
      144 9 WASHINGTON Bloomberg Business News US INDUSTRIAL production rose for the fourth month in a row in July as car manufacturers braced for a possible strike and cranked up car and truck output. Output at factories, mines and utilities unexpectedly increased 0.1 per cent
      Bloomberg Business News  -  144 words
    • Article
      Lock icon Europe overtakes US as centre for the world's richest
      404 9 LONDON But private wealth in Asia has grown faster at 9%: study FT EUROPE has overtaken North America as the world's biggest centre for private wealth, but will soon be eclipsed by Asia, according to a new assessment of the global
      FT  -  404 words
    • Article, Illustration
      And Jack Kemp is no Dan Quayle
      658 9  -  WORLD YXHW Bob Pole has Improved his prospects by choosing Kemp as his r"""«"c mate By Kevin Sullivan IN San Diego yesterday, Bob Dole was formally selected as the Republican candidate to challenge US President Bill Clinton in November. On Wednesday, jollying along
      658 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      85 9 jßjj <jp luse-lined fabric interiors and high-cushion protective bumpers. j» jlfc, BmW .J* unique four point latching security system combined with a I weather-outseal provides superior protection to your check-ins. j i^ E' anza li,s il record ot withstanding tho most ""strenuous I Sole Distributor t NY (Singapore) Ptc Ltd
      85 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Is West bent on keeping ARF a talk-shop?
      779 10  -  THE BOTTOM LOVE OPINION By Mohan Kuppusamy The writer is BT's editorial page editor WERE Asean's concerns at the Jakarta Asean Regional Forum effectively sidelined by Europeans and Americans bent on waxing indignant over Myanmar? The forum was awash with Western anguish
      779 words
    • Article
      IN OTHER WORDS
      120 10 'Salt doesn't hurt until it hits an open wound. First it was Medicare. Next is Social Security. That is the real Gingrich a enda -DavUßoaiar United States Congressman on US House Speaker Newt Gingrich. 'I won t interfere in domestic affairs, but of course Jim is a
      120 words
    • Article
      Growth over sovereignty
      656 10 EDITORIAL NEW ZEALAND'S Opposition leader Winston Peters stirred the xenophobic pot again last week, but he need only look at the latest economic data to know that he is betting against a winning formula Mr Peters is the man some tout as a possible prime minister after
      656 words
    • Article, Illustration
      Lock icon US fear of the future
      1000 10  -  Anxious Americans are in a bind-they want to know what will happen before they make changes bnt no one can tell By, James Glassman James Glassman writes regularly on financial affairs for Washington Post LATWP HOW MANY pundits said Bob Dole would pick Jack Kemp
      LATWP  -  1,000 words
    • Article
      WHAT THE OTHERS SAY
      862 10 THERE is a strong probability that early in 1998, France, Germany and several other members of the European Union will decide to merge their currencies by Jan 1,1999. If Britain is going to be in the single currency at the start, a government decision will be
      862 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      31 10 DOONESBURY By Garry Trudeau tUHAT? Y&.ANPH& UULWHYI&rTTHATJUST VOUHAVB arncipza< AFTBRFIY- tjm /ifi f A 9(7/- FRENCH. BUTNG HAIfMAY AROUNP fir X MIK£ T OKAY'l^\ mew! Dce&nAcrn.i TKUORW. iCANT WHAT Ji "**l
      31 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Journalism, politics make heady films
      745 12  -  Two projects one on Primary Colors and the other on the reporter whose hoax won the Pulitzer are making waves, says wzhnraub BERNARD WEINRAUB NYT Hollywood has never been too sure how to treat politicians and journalists, portraying them as either heroic or contemptible, either
      NYT  -  745 words
    • Article
      Going for a happy mix
      843 12  -  WINE By\ David Gabriel [SINGAPORE] Remie Low, managing director of Happy Vines Pte Ltd, is one of the lucky few who have succeeded in combining hobby and business into one. He started out importing wines for fun, but demand was so great that he needed
      843 words
    • Article, Illustration
      Lock icon Clinton's unveils his vision, in book form
      412 12 BOOKS President waives any advance or royalties for the work Reuter IJACKSON, Wyoming] A new "vision" book by President Bill Clinton is being published just in time for his fall re-elec-tion campaign, but the president has waived any advance or royalties. Between Hope
      Reuter; REUTER  -  412 words
    • Article, Illustration
      Lock icon Poking fun at stars of interior design
      1172 14  -  INTERIOR DESIGN Lacnnz'sbookua wickedly fanny look &t styles between 1960 and 1996 By] Mitchell Owens NYT [NEW YORK] Christian Lacroix thinks your home is worth a laugh. Especially if your sense of style was established between 1960 and 1995 and says more about
      NYT  -  1,172 words
    • Article, Illustration
      Lock icon Owners splurge on dog food
      484 14 DOGS Pet-food hill rises as interest in dog nutrition grows NYT [NEW YORK] What do dogs really want? Love, attention, exercise, playmates and a nice place to sleep. A dried pig's ear or carrot to chew on sometimes. A visit to the beach every now
      NYT  -  484 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      96 12 Where to wine, dine and entertain ■iliHi IHH a h£||h RESTAURANT Hong Kong MwiXln &p«rtwwl ftvfjf A Ajji ou an Skvpnlltm Choow from mouth watering p u; *****90 111 HBS- O Hotel Melici-Scotts HIGH fashion at HIGH TEAV^ BRAISED Join «very Saturday at ij£i\ .j^(jljS2B T^i^'-'4,t,i th EL PATIO for
      96 words
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      Page 12 Advertisements Column 2
      134 12 5 Sydney's elite J S HAPPILY WAIT 5 5 SIX WEEKS JUST 5 TO EAT IN HIS 3§ S RESTAURANT 5 3 YOU ONLY HAVE 5 5 ONE WEEK TO DISCOVER WHY. 5 and owner of Forty "ZrlTaTl Restaurant, poss«y the Antipodean city's pUce for the unfortunate individual to at.
      134 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      579 13 Home Decor -For people who love their homes SIN GTAO BEE R Where to wine, dine and entertain flflJlSQne of tho most appreciated boor in tho world 7 Be Bowled Over by our bowls of Lalcsa, fj J Yong Tau Fu. I J Chicken Curry. fl I Ice Kachang. |f
      579 words
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      Page 13 Advertisements Column 2
      80 13 j LICHT-H EARTED j I ,-v, Z ■•< 1 1 J i 5% VOUr >«lidOUS offgrS *V H\« VJ*H H*O Chinese Rejf*u**Hf fo>*y. An> £or just- 10, you c*h e»\joy *noH\er >isk vn*uA« wit-W Peking DucV tne*V. FlocV <Aowh HOW before 6H\ 1116. f*r reservations, C«0I f? I 4< IT.
      80 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      820 13 TVvRADIO Premiere 12 10.00 The Plank (Comedy). sic Clip). inn pvitk ur 10.30 News 5 Tonight. 12.00 MN TV Innovations. rrr r. ,ne 7 lnner s 11.00 Friday Feature Special 2.00 AM Close. L3O Money. Money. Money. Ice (See Our Choice). Management Today. U4O AM Party of Five. TV* J
      820 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      143 13 CRYPTIC CROSSWORD 28 about a boy's appearand name (6) 31 «riL«7r th€ raiSerS lime (9) YESTERDAY'S SOLUTION heaps (9) 15 Giye a new back a variety DOWN of items (9) 2 Pole accepting employment got 16 Possibly let MO are for the lag going (6) gard (9) KWlmdMlMßflil I 3
      143 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      237 14 Captain^, sjfrsty Excfusive Cruise Charters for Every Occasion O Corporate Entertainment O Annual Dinner Dance OCo. Family Day O Theme Party O Wedding OKTV-Dlsco Cruise OBirthday Party OBrunch O Cocktail Party O Product Launch O Anniversary Party O Afternoon Tea Have your choice of a great time I Yesl Make
      237 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      129 14 THE WEATHER Wn P oret Showers in the morning and early afternoon. Temperature (32-24) Aate-Vfeclflc B/U* Oood. Europe HVLo* Good. ftMirlni) HVU* Oml a/15 dou* AduMa n/ll T*m J— Afcw 31/ a CVwdN Burnos Ana I&D6 CloaK hZELt 22* J*"" Bfrti 21/11 (Ywdv Chr*o 84/14 iVwn ftW nVi 23/13 Clouh
      129 words
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  • COMPANIES & MARKETS
    • Article
      Transmarco confirms Indon tycoon's purchase
      409 15  -  Sampoerna now 2nd largest shareholder; Stratford Holdings cuts stake from 22% to 13% By R Sivanithy [SINGAPORE] Retail and telecommunications group Transmarco Ltd yesterday said that Putera Sampoerna had bought a 19.64 per cent stake in the company, making him the second biggest stakeholder after
      409 words
    • Article
      Lock icon MUI completes Pengkalen takeover, names new directors
      180 15 AFP [KUALA LUMPUR] Malayan United Industries Bhd (MUI) yesterday appointed new directors to Pengkalen Holdings Bhd, marking the end of its protracted bid to take over the stockbroking group from the local Tan family. MUI said its chairman Khoo Kay Peng will be
      AFP  -  180 words
    • Article, Illustration
      Lock icon Investment 'club'growing as it pools resources for big projects
      648 15  -  HOCK LOCK SIEW Lee Han Shih PIRST there was Camerlin, set up by four shareholders Hong Leong Malaysia, Sembawang Corp, First Capital Corp (FCC) and Haw Par. Then came Delham and Fenton, owned by five companies the four in Camerlin and
      Source: Compiled by BT  -  648 words
    • Article
      Major Berger shareholder wants out
      298 15  -  UB Group in talks to sell en tire 5L9% stake; trading suspension requested By\ Paul Leo [SINGAPORE] Mainboardlisted paint-maker Berger International is the subject of a takeover and has requested trading in its shares be suspended today. Berger International's board of directors said in a
      298 words
    • Article
      Lock icon STIC expected to lose sparkle
      419 15 Travel and leisure, financial services te dampen performance Reuter [SINGAPORE] Singapore Technologies Industrial Corporation (STIC) is likely to announce less buoyant growth in the first half of this year after years of heady, acquisitiondriven advance, analysts said yesterday. They said the diversified group's construction and
      Reuter  -  419 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Chase Perdana buying into S&P Food
        173 16 Bernama [KUALA LUMPUR] Chase Perdana Bhd is diversifying into the food business by taking a strategic stake in S&P Food Industries (M) Bhd. Through its 100 per cent subsidiary Kesuma Jelita Sdn Bhd (KJSB), Chase Perdana acquired 6.7 per cent interest in S&P Food,
        Bernama  -  173 words
      • Article
        Lock icon MISC wants MIDF as partner to buy insurer
        207 16 Reuter [KUALA LUMPUR] Malaysia International Shipping Corp Bhd (MISC) said it was seeking a 30 per cent stake in UMBC Insurance and negotiating with Malaysian Industrial Development Finance to take up the balance. "We are negotiating with MIDF for a 30:70 pact
        Reuter  -  207 words
      • Article
        Lock icon Sime Darby may surprise market: CEO
        136 16 AFX-Asia [KUALA LUMPUR] Sime Darby Bhd said its year to June results will not be as bad as speculated in the market. Group chief executive Nik Mohamed Nik Yaacob said: "It will not be as bad as what analysts say. You will be surprised."
        AFX-Asia  -  136 words
      • COMPANYBriefs
        • Article
          Chemair sells Air Liquide stake
          54 16 [SINGAPORE] Chemical Industries (Far East) Ltd's subsidiary Chemalr Investment has sold its 56 per cent stake in Air Liquide (Thailand) Ltd for $4.52 million to its French joint-venture partner, L'Air Liquide. Chemalr Investment made a 24 per cent profit on the original investment of $3.62
          54 words
        • Article
          Liang Court calls EOGM
          55 16 [SINGAPORE] Liang Court has called an extraordinary general meeting to approve proposed amendments to Its company's executive share option scheme and to approve a tenancy agreement with Singapore Dalmaru In which Its director, Goh Cheng Liang, and some family members have an Interest. The meeting will
          55 words
        • Article
          SES queries rise in UPP share price
          40 16 [SINGAPORE] The Stock Exchange of Singapore yesterday queried United Pulp Paper on the sharp Increase In Its share price and turnover. UPP yesterday rose 25 cents to $1.81 with 3.26 million shares done.
          40 words
        • Article
          STIC acquires more shares in associate
          53 16 [SINGAPORE] Singapore Technologies Industrial Corporation has acquired an additional 4.34 million shares of )1 each at par in its associate, Singapore-Wuxi Investment Holdings (SWIH). As the acquisition is part of an allotment of 10 million shares to all SWIH shareholders, STIC's stake remains at
          53 words
        • Article
          Informatics expanding into Myanmar
          68 16 [SINGAPORE] Informatics Holdings is expanding into Myanmar. It is setting up a joint venture company, United Info Summit, which will secure a Thames International Franchise Programme to set up a Thames Business School in Yangon. It local partner is United Engineering Co Ltd in Myanmar. The
          68 words
      • Article
        Public Bank profit rises 26%
        420 16  -  Msl99-8m interim profit figure exceeds analysts' expectations From. Ruth Wong in Kuala Lumpur PUBLIC Bank Bhd, Malaysia's third largest banking group, has announced better-than-ex-pected interim results, with net profit growing 26 per cent to M 5199.82 million (S$U3.3 million). This works out to earnings per
        420 words
      • Article, Illustration
        Lock icon Maybank profit seen to be over M$1b this year
        470 16 Mayban Finance, Mayban Securities expected to make strong contributions Reuter [KUALA LUMPUR] Malayan Banking Bhd (Maybank) is expected to announce full-year net profit of more than Msl billion (Sss7o million), analysts said yesterday. Some said the profit at Malaysia's largest banking
        Reuter  -  470 words
      • Article, Illustration
        UE's Kong Mun Kwong joins L&M
        197 16 [SINGAPORE] L&M Group Investments has appointed United Engineers' Kong Mun Kwong to a newly created post group managing director of L&M's development division. The new position was created with responsibilities for infrastructure projects and property development, to report to the executive deputy chairman, said
        197 words
      • Article
        Lock icon Stable M$-yen rate seen helping Proton
        272 16 Sales prospects in domestic car market bright: chairman AFP (KUALA LUMPUR) Malaysia's auto company Perusahaan Otomobil Nasional Bhd (Proton) said in a report yesterday it expects the stable yen-ringgit exchange rate to reflect positively on its earnings. Chairman Yahaya Ahmad said he expected the
        AFP  -  272 words
      • Article
        Lock icon PMCW 1st half profit up 66%
        142 16 Bernama [KUALA LUMPUR] Pan Malaysia Cement Works Bhd (PMCW) registered a pre-tax profit of M 176.32 million (5543.3 million) for the first half ended June 30 this year, up 66 per cent from M 545.96 million previously. Its turnover during the first half rose
        Bernama  -  142 words
      • Article, Illustration
        Shinawatra profit down 26% to 1.4b baht
        511 17  -  Lack of extraordinary gains and units'weak results contribute to poorer performance From, Loh Hui Yin in Bangkok WITHOUT the benefit of extraordinary gains and with weaker contributions from its listed subsidiaries, Shinawatra Computer Communications' net profit for the first six months this year
        511 words
      • Article
        Lock icon Investors buy 74% of Acer Sertek shares in initial offering
        370 17 Low demand blamed on uncertainty over Taiwan's growth Bloomberg Business News [TAIPEI] Local investors bought 74 per cent of an initial public offering of shares in Acer Sertek Inc, a domestic marketing arm of computer-mak-er Acer Inc, amid worries about
        Bloomberg Business News  -  370 words
      • Article
        Lock icon Thai Petrochemical 2nd-qtr profit falls 76%
        206 17 Bloomberg Business News [BANGKOK] Thai Petrochemical Industry pic, the country's largest petrochemical producer, said second-quarter net profit fell 76 per cent from the same period a year earlier because of a decline in global petrochemical prices. Last year, the company also had special gains
        Bloomberg Business News  -  206 words
      • Article
        Lock icon Korean firms' gains halved by chip prices, weak yen
        478 17 Reuter [SEOUL] Profits of South Korea's non-bank listed companies plummeted in the first half of 1996, hit by falling chip prices and a weak yen which dampened exports, the Korea Listed Companies Association said yesterday. An association report said net profits
        Reuter  -  478 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Nintendo dips 8% on product launch fears
        408 18 Company denies report that parent profit will fall 53% AFP [TOKYO] Shares in Japan's Nintendo Co Ltd were heavily sold yesterday on the Tokyo Stock Exchange, plunging more than 8 per cent after being suspended from trading <he previous day. Nintendo closed yesterday
        AFP  -  408 words
      • Article, Illustration
        Lock icon Virgin all set to take on cola giants in the US
        350 18 Branson's firm to start test marketing of Virgin Cola in Philadelphia Reuter [PHILADELPHIA] British entrepreneur Richard Branson, famous for challenging corporate titans such as British Airways, is preparing to battle beverage giants Coca-Cola Co and PepsiCo on their home
        Reuter  -  350 words
      • Article
        Lock icon Publisher Softbank to buy memory maker Kingston
        280 18 USsl.sb deal extends US presence of the Japanese firm Bloomberg Business News (TOKYO) Japanese publisher Softbank Corp, extending a series of acquisitions in the United States, has agreed to pay US$l.5 billion (Ss2.l billion) for an 80 per cent stake in Kingston Technology,
        Bloomberg Business News  -  280 words
      • Article
        Lock icon Ralcorp sale stirs up US cereal trade
        110 18 FT [NEW YORK] Ralcorp, the biggest US maker of private label cereals, announced on Wednesday the sale of its branded cereal business to rival General Mills group for about US$345 million (Ss4B7 million). It said it was selling its Chex, Cookie Crisp and
        FT  -  110 words
      • Article
        Lock icon ABN Amro posts 36% rise in 1st-half profit
        522 19 Bank reports healthy increases in trading, commission and interest income Bloomberg Business News [AMSTERDAM] Dutch bank ABN Amro Holding NV said first-half net profit rose a higher-than-expected 36 per cent on double-digit increases in income from trading, commission and interest. Between January
        Bloomberg Business News  -  522 words
      • Article
        Lock icon Time Warner moves closer to acquiring Turner Broadcasting
        398 19 It sips consent order with Federal Trade Commission Bloomberg Business News [NEW YORK] Time Warner Inc on Wednesday said it signed a consent order with the staff of the Federal Trade Commission (FTC), clearing the way for completion of its US$6.7 billion
        Bloomberg Business News  -  398 words
      • Article
        Lock icon Zurich launches insider trading probe into C S Holding
        240 19 Reuter [ZURICH] Zurich's prosecutor for economic crime said yesterday he had launched a formal investigation into suspected insider trading in the shares of C S Holding before the banking group announced a restructuring programme in July. Prosecutor Christian Weber said his
        Reuter  -  240 words
      • Article, Illustration
        Lock icon Thorn EMI prepares to split into two companies
        414 19 Reuter [LONDON] Thorn EMI pic, the once-sprawling conglomerate whose interests ranged from entertainment to defence electronics, will take the final step towards splitting itself in two. Thorn EMI has trod a long, slow path on the way to its long-awaited demerger, shedding
        Reuter  -  414 words
      • Article
        Lock icon Dell boosts Q2 profit by 72% on fall in prices of parts
        408 19 PC shipments up 53% from last year, triple the industry average Bloomberg Business News (AUSTIN, Texas] Dell Computer Corp shares surged to a record after the personal computer maker parlayed falling prices for parts into a 72 per
        Bloomberg Business News  -  408 words
    • FINANCE & COMMODITIES
      • Article
        Baht forwards recover from attack
        247 20  -  By Larry Wee [SINGAPORE] US dollar-Thai baht forward premiums recovered somewhat yesterday afternoon, after setting new highs between Wednesday and yesterday morning. In times of currency crises, forward premiums reflect the severity of the pressure on the currency. Such premiums, in turn, are determined by
        247 words
      • Article, Illustration
        Lock icon Munich Re in US$4b deal to buy American Re
        386 20 Move triples firm's business in US should be completed by year-end Bloomberg Business News [MUNICH] Munich Re, the world's largest reinsurer, said it will buy American Re Corp for about US$4 billion (555.64 billion) in cash and assumed debt to boost
        Bloomberg Business News; Source: Bloomberg; JEN CHUA  -  386 words
      • Article
        Lock icon Petroleum exchange plans November launch for gas futures contract
        334 20 Contract to be based on trades made for gas within the UK transmission system Piatt's Oilgram [LONDON] The International Petroleum Exchange (IPE) plans to launch a gas forward contract based on a National Balancing Point (NBP) system in November, business development
        Piatt's Oilgram  -  334 words
      • Article
        Lock icon Australian gas importers enjoying boom
        312 20 Reuter [SINGAPORE] Independent Australian gasoline importers are enjoying an unexpected boom in sales after a combination of industrial action and refinery closures created a shortage in the Melbourne area, sources said yesterday. But the shortage is in stark contrast to the ample supplies found in
        Reuter  -  312 words
      • Article
        Lock icon Euroyen, Euro$ end flat
        232 20 SBKBLReport Reuter [SINGAPORE] Simex Euroyen and Eurodollar futures crept to a flat finish yesterday after an uninspired session of thin ranges and volumes. Dealers said the absence of major Japanese players for the summer holiday week and a lack of fresh leads capped interest. Even next
        Reuter  -  232 words
      • Article
        Lock icon CURRENCY REPORT
        173 20 Reuter AFP THE dollar was little changed, with a religious holiday in many countries biting into volumes already pared by summer vacations. An interest rate cut in Sweden was the main point of interest, and US data later in the day was unlikely to have much impact, traders
        Reuter; AFP  -  173 words
      • Article
        Lock icon Refiners gloomy as losses continue
        291 20 ENERGY REPORT Reuter (SINGAPORE] Refiners here are likely to extend reduced production into the fourth quarter because they are still losing money, industry sources said yesterday. They estimated refiners were losing between 50 US cents and US$l.5O a barrel. "Traditionally, the fourth quarter should see
        Reuter  -  291 words
      • Article
        Lock icon Morgan Stanley to pay W Virginia US$20m
        217 20 Bloomberg Business News [NEW YORK] Morgan Stanley Group Inc said it agreed to pay West Virginia US$2O million (5528.2 million) to settle a lawsuit involving trading in the state's consolidated investment fund in 1986 and 1967. Morgan Stanley, the fifth largest US securities
        Bloomberg Business News  -  217 words
      • Article, Illustration
        Untitled
        1253 20 DfTHEBAMK CE0S8 EATB8 AugI5 M d ICU fti m MbNIi v« Ww m$ C$Nm h» M rntHmi w$ Awfr*: 1073 1171 0417 3.9*7 Lftl 6.037 ***** ***** OJ44 1411 1.945 1136 27.*****.443 1.103 1544 0.943 ***** 19.74* 0.503 0761 0J75 1697 LOW 5426 ***** 17.041 0.786 5.975 1413 LOSI 25.901
        1,253 words
    • Article
      COMMODITY PRICES
      1749 21 81C0M FUTURES Augis RUBBER (Mur«s closing *s it S.30pm) RSS1 COHTRACT(S cwtsAg) Close Volume Open Month High Low Sett (tonnes) Interest *9* 184.50 ***** 184.50 200 625 Oct 96 187.00 185.50 185.50 130 1970 No* 96 187.50 187.00 187.00 300 3000 0K96 187.00 187.00 188.00 100 2900 J«y*r
      1,749 words
    • Article
      WORLD STOCK MARKETS
      2329 21 LONDON Mistrials *•115 Pwi A. A. Corp Adr 54 1/2 unch A6 Ports 288 *1 ADO*y National 593 2 Allied Lyons 443 unch Am#c 94 unch Argyll 346 AwJj Croup 117 unch BAT Ind 465 1 BICC 320 2 BOC Group 860 13 BR Patrolaum 618 2.600
      2,329 words
    • Article
      Lock icon TOKYO
      1656 21 Reuter P Nikkei 225 -12*6 STOCKS closed mixed, with the key Nikkei Average giving up all of its early gains. Shares in the telecommunications sector continued to surge, led by Nippon Telegraph and Telephone Corp, but it later also ran out of steam. The 225-share Nikkei Average closed down
      Reuter  -  1,656 words
    • Article, Illustration
      Lock icon HONGKONG
      1631 22 Reuter U?*i!gSeng -&38 ended down in relatively quiet trading with investors shifting their focus from index heavyweights to China-related "red chips". The Hang Seng Index dropped 8.38 points to 11,158.39 an volume of HK54.55 billion. uffi, "Trading was quiet," said broker. "If the placement af 284.48 million shares of
      Reuter  -  1,631 words
    • Article, Illustration
      Lock icon CHINA
      596 22 Reuter Q Shanghai B Share Index -0.43 SHANGHAI'S B shares ended down on institutional selling of Shanghai Lujiazui Finance Trade Zone Development. The index closed down 0.43 point to 52.06 on volume of 9.8 million shares worth US$4.5 million. "The selling of Lujiazui was mainly profit-taking, because it had
      Reuter; Source: Credit Lyonnais Securities (Asia) Ltd  -  596 words
    • Article
      Lock icon TAIPEI
      360 22 AFP QWP Index -BM>O STOCKS ended lower as investors were worried over possible government restrictions on China-bound investment. "President Lee Teng-hui's call to impose limits on Chinabound investment seemingly threw cold water on listed firms with investments on the mainland," said a broker. The Weighted Price Index dipped 89
      AFP  -  360 words
    • Article
      Lock icon WELLINGTON
      269 22 Reuter Fl Wellington »BJ2 SHARE prices ended firmer, the market buoyed by a strong first quarter result from Telecom. The NZSE-40 Capital Index closed 8.62 points higher at 2,149.25 on turnover worth NZ536.3 million. Reuter M ■> *h mm ANZ Banking 7J0 unct< ***** Advantage* HMgs LSS unch lOSOO
      Reuter  -  269 words
    • Article, Illustration
      Lock icon JAKARTA
      770 22 AFP □Composite Index jjl SHARE prices closed lower in lacklustre trading with investors largely sidelined amid a lack of fresh incentives. "This is the ninth consecutive down day. This political overhang is killing us," a dealer said, "there was little trading interest. Those who went long on their belief
      AFP  -  770 words
    • Article
      Lock icon MANILA
      311 22 AFP H-* -6w06 STOCKS fell amid sluggish trade. Brokers said the market will rebound once US interest rates are set. The Composite Index fell 8.05 points to 3,093.73. Turnover was 2.2 billion shares worth 1.54 billion pesos. Petron Corp fell 50 centavos to 10 pesos while Manila Electric Co
      AFP  -  311 words
    • Article
      Lock icon SYDNEY
      605 22 AFP □AHflrhiriM *4J SHARE prices rose slightly after a quiet session ahead of the federal budget due to be unveiled on Tuesday. The All Ordinaries Index closed 4.1 points higher at 2,226.7. Turnover was 209.0 million shares valued at A 5492.8 million. Resource giant BHP eased two cents to
      AFP  -  605 words
    • Article, Illustration
      BANGKOK
      783 22 P| SET Index +031 SHARE prices rose as the market rallied on positive news about a bourse support fund after falling in early trade due to political uncertainty. "The market opened weak but gradually moved up with the news that the Stock Exchange of Thailand is going to lend
      783 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Telekom, Tenaga lead slide
        7767 23 Bloomberg Business News n Composite Index -&52 STOCKS fell, led by Telekom Malaysia and Tenaga Nasional amid concern corporate earnings will slow this year. "I expect 1996 corporate earnings to grow only 10 to 15 per cent," said a fund manager. "Most blue chips are trading
        Bloomberg Business News  -  7,767 words
    • WARRANTS&OPTIONS
      • Article
        Pan United rts worth picking up
        220 24  -  WARRANT WATCH -By\ R Sivanithy A NIL-PAID right to warrants that has been gradually creeping up in recent sessions is that issued by shipyard company Pan United Corporation. It has more than doubled since the start of the week, so perhaps a review of
        220 words
      • Article
        Untitled
        3465 24 BONOS, LOANS K WARRANTS c< m 1*96 Last Va< On LM»Ouata Ayg High Law St no Company Sal* *ot- COOO) High Law Buyar Sattar (HI Prlca 53.5 47 m 3000 mAMOBC5JH*****6 51 unch 2 St 51 51 51.549.5 40 A Acar *(*****1USS 47 46 47 350 152 m 3001 Amcol
        3,465 words
    • Article
      CLOB INTERNATIONAL
      2335 24 JAUYSIAN STOCKS Gf Or l-*t Vai Day LaatOuote M« Oty YM Not M Cap Nigh L— Stow Company Sate POOP) High Lew Buyer 9a6or CNr P/I 5mi ~*25 364 mi 5000 AIS850c 368 *4 12 3«8 368 366 380 10 4.9 04 76J 377.4 119 84 msSOOl AMDS
      2,335 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1182 25 TURNOVER COOO) VALUE COOO) mm cut THU M«I» o»> Tin [ndu»«ri* 3«,305 7.915 44.220 96.404 19.2*9 115,673 X471 1.549 5,220 34.457 2.413 30.870 1,696 125 1,821 4,335 197 4,532 e.519 6,410 14.929 3*273 a.851 47,12$ 662 6*2 1.561 1.561 J*""* "6 IW 312 312 7.045 3.587 10,632 8,611 2,990 11.601
        1,182 words
      • Article
        MAIN BOARD
        4413 25 9 6 Last VI Day Last Ouott DW Mv VM Nat Cap Ava «N» Company Ml COOP) jgg jg Bwyar Saiar Cvr P/E %mtl Prki INDUSTRIALS 5146 ASENTSIO 200 US- 214 '65 1258 Acer 50c US181 -1 361 183 181 181 183 5.0N 7.5 1.0 11.2 299 6
        4,413 words
      • Article
        SESDAQ
        835 25 "•""j- c—_ts t a aa wmm 'J® 2000 ABR Hidqs Sc 167 *8 531 171 155 166 167 3.0 14.2 0.1 104.4 74.3 158 90 68 AS Auto 10c 69.5 -1.5 110 715 69.5 69.5 70 721 69 2? 1521 lw ™1"" SOt 115 *9 28 118 106 109
        835 words
      • Article, Illustration
        Prices steady, Mon-linked stocks still in demand
        818 26  -  STOCK MARKET COMMENTARY Local market meanders aimlessly in lacklustre trade with no fresh news and an absence of direction from other regional bourses By Larry Wee [SINGAPORE] The Straits Times Industrials Index managed to hold on to some of its gains yesterday to
        818 words
      • Article, Illustration
        HOT STOCK
        53 26  -  m Paul Leo MALAYAN United Industries ftU two cents to $101 yesterday with 551,000 units traded, more than double the lOday average of UtJOO shares. Motive Strength Indices are in oversold territory while the weekfy indicator is showing some bullish divergence. Support is at $1.00 and below that,
        53 words
      • ON THE GRAPEVINE
        • Article, Illustration
          Creating a buzz with buses
          101 26 YOU know competition in the unit trust industry is hotting up when you see fund managers advertising on the back of buses —a definite novelty for Singapore's fledgling unit trust industry. The managers in this case: Abtrust Fund Managers who are doing a corporate image
          101 words
        • Article
          Wrong place or wrong time
          110 26 SEEMS like the 100 leftists in the Philippines protesting a meeting of the Asia Pacific Economic Cooperation (Apec) group are either at the wrong place at the right time or at the right place at the wrong time. The protesters staged a picket in front
          110 words
        • Article
          The lawyers win again
          104 26 WITH not just shareholders, but also directors, auditors, and brokers all kft in a sweat ofanxfety in the wake of the Price Waterhouse report on the Amcolaflkir, can anyone have benefited from the outcome 9 Well, tried engaging a blue-blooded lawyer lately on matters relating to
          104 words
        • Article
          Property blues
          67 26 A PROPERTY Investor recently sold her condominium, which she bought In 1986, for a neat profit of nearly $100,000. Even her banker was amazed at how she did it, especially after the property curbs announced In May But her joy was short-lived: after she paid offhar bankers, lawyers
          67 words
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      Page 15 Advertisements Column 1
      57 15 Among thousands °f our I Ifll Subscribers: J U ii 1 Here's just A Sampling of The Many Superb Business ■ESEQBSj^ Titles We Summarized For Our Subscribers: COMPETING FOR THE to ffWBBMBM MANAGING FOR THE FUTURE, »Tl'ffliJiU'ii■ Vflfr DISCIPLINE OF MARKET LEADERS, functional MHpHftaflMHflßHp HOW TO USE FINANCIAL STATEMENTS, I^^^^BIZK2SB|E3ESQ
      57 words
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      989 16 INFORMATICS HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice Is hereby given that the Thirteenth Annual General Meeting of INFORMATICS HOLDINGS LTD wfl be held at Informatics Building, 5 International Business Park, Singapore *****4 on Tuesday, 10 September 1996 at 10.00 am to transact
      989 words
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      Page 16 Advertisements Column 2
      10 16 Singapore Business li r I -Giving you the winning edge
      10 words
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      Page 16 Advertisements Column 3
      71 16 With historv doting back to IW| .S Kvvok Gallery offers professional and personalised services to collectors J An unhurried ambience exudes within the gallery which several thematic h.ills hove to house comprehensive and Tang Pottery Sculptures Soni; Ceramics, Ming and Qiin; Porcelains ladeite and Nephrite Carvings. Snuff Bottles and othei
      71 words
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      124 17 GREAT^i PRICES! GREATk REBATES! I w^m An lomega Zip drive is a great way to manage your stuff: ever-expanding stuff like software, files, documents a ndaames. The Zip drive hooks straight irito your Mac or PC, and each little Zip 100 m*gab#tes of stuff. It's also fast: 20 than your
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      875 18 H> M<MI<IISI< Ml mil -I KM INOU-741 ISS.rj BERGER Berger International Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Berger International Limited are phmd to announce the following uneudlted Interim reeutts of the Compeny and of the Group for the six monthe ended 30 June 1986. The
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      135 18 A IAI II ♦i A\#\t IP NEVADA BOB'S GOLF. LOWEST PRICES GUARANTEED. Nevada Bob's, you'll find the same low prices as Edwin Watts' in the Golf Digest In there s a money-back guarantee that we're the cheapest in Singapore* (valid within 7 I < a y s rom < ate
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      188 19 The Brain Tumour Support Association invites all brain tumour patients, their families, friends and members of the public to: 1. FREE "SPECIALIST CLINIC" VENUE "SATYA SAI BABA CENTRE" 133 Moulmein Road.(opp.. National Skin Centre.) TEL *****69 Fax: *****54 9AM TOl2 NOON FREE CONSULTATION BY A PANEL OF BRAIN TUMOUR SPECIALISTS
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      497 19 BUSINESS AWirt-v •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT. CAP. 5* AND IN THE MATTER OF EXCEL AIRCON TRADING PTE LTD (In Members' Voluntary Liquidation) Atan Extraordinary General Meeting of the Company held at the Registered Office, 3 Tuas Avenue 16 Singapore *****6 on
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      186 19 Finally, a notebook that actually looks like one. HIMWI Measuring just 1.2 inches thin, the new ThinkPad 9 560 isn't much bigger than your average writing pad. And at only 1.9 kilograms, its not a lot heavier But with afull-size keyboard, an IL3 inch screen, a 100 MHz' Pentium* processor,
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      57 20 'M l WM *^KM Set of 6 sterling silver spoons. B V LG A R I Bangkok Singapore Kuala Lumpur Jakarta Grand Hyatt Erawan Hilton International Shangri La Hotel Grand Hyatt 254 6325 737 1652 201 8919 326 661 Roma Milano Paris Geneve Dusseldorf London New York Beverly Hills Singapore
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      64 22 jfiL < j AEGER !f^; QULTR^ Avant-Garoe Since FOR A FREE COPY OF OUR 2QO-PAGE CATALOGUE, CONTACT YOUR LOCAL RETAILER OR S.A. DESCO SINGAPORE PTE. LTD. TEL: 337-22-61 FAX: 337-IQ-98. ♦The Seoul stock market was closed yesterday. For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents, a minute
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      43 23 when the Market qets Going, the Savvy 9» *URFIN« Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://www.asial.com.sg/btstocks on the Internet I UiUJILLI BUSINESS CENTRE I YQUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
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      124 24 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong Leong Finance
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      17 25 v* I -—yJJ R o? E x /W. a /m AT ROY IE ASTERN WATCH 4 7/
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      136 25 To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 months [_J 6 months 3 months at 5560.00 at 5540.00
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      1811 26 Singapore Closing Share Prices 15/8/1996 CLOSE PREV LOW HtOH WW/ Jardine Matheson 6.50 1W frjp qqq Jardine Strategic 3.14 3.12 3.12 3^20 rjfiflflyj Dairy Farm 0.825 0.835 0.82 0.84 KtM Hongkong Land 2.27 2.30 2.28 2.29 ■JHinaßpi Mandarin Oriontal 1.38 1.34 1.38 1.38 mmi«a Jardine Strategic W9B 0.28 0.275 0.275
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      374 26 IN THE MATTES Of THE COMPANIES ACT, CAP. 91 AND IN THE MATTES OP GULF OIL SINCAPOKE PTE LTD. U^MaaT"'' NOTICE OP RESOLUTIONS At u Extraordinary Geaeral Meetiag of Ike ■cabers of ike sboveoaaed Conpaay daly coaveaedaadheida l6CkariesO Street, 3rd Floor. Loadoa. SWIY4QII Uaaied Katdoa oa ike 13* day of
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      300 26 PTE LTD (Inmrporalad bi tw Wpifc of StoQapona) woncg to i—i qwiNti fWllwmKf mwf Olf i—l company H>l— at <7 Hi MM NMI, CMwaa ITEM*, on Monday! taptaabar IMEtHpjkforlnkMg pifpOHfspecial Resoufnom 1. To raoakm an aocounl tram UquhMora dwaflng Pm WIWW> WmwOn Vl9 Wn®^up has baan oonduoML and tw proparty
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      351 26 M THE MATTER OF THE COMPANES ACi; CAP. SS Am MIME MATTER OF STAR CHEMTECH PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WMDBIO-UP (PURSUANT TO SECTION 290) At an Extraordinary General Meeting of the members of STAR CHEMTECH PTE LTD duly convanad and hald on 12 August 1906
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      322 27 Knight-Ridder Reuter SEVERAL Panamaxes were reported fixed in the east and in some instances rates were slightly uinproved, but there was as Of yet no definite trend, brokers said. I Biffex experienced its strongest rally in several months. The Baltic Freight Index was marked above traders' expectations at
      Knight-Ridder; Reuter  -  322 words
    • Article
      MARITIME STOCKS
      257 27 ttS *000 V- Cart Distribution US Hap HaMbifi. U02 -0.01 131 FtLS 150 unch 190 «MWttUnk* 049 undi 4 C6 MaMnqs 0.99 unch 22 HMSunHl* 105 -001 143 HibcMZMMt am *0.025 47 K4C HaMnjt —HK 940 Jay* HoWnqs 1.02 "0.09 90 SSMrrar* -0.10 497 Carp >0-20 *0.10 MS
      257 words
    • Article, Illustration
      Hai Sun Hup shipping arm to have its own ships
      493 27  -  Clipper Maritime hopes to acquire two newbuildings this year to add to its fleet of 7 chartered vessels By] Rahita Elias [SINGAPORE] Hai Sun Hup Group's dry bulk shipping arm, Clipper Maritime (Asia), will soon have its own ships in
      493 words
    • Article
      When a bill of lading is not prima facie evidence of shipment quantity
      745 27  -  ADMIRALTY CASEBOOK By\ Selva Kumar ALTHOUGH the Hague Rules provides that a bill of lading is prima facie evidence of the amount of cargo shipped, that does not entitle a cargo owner to merely rely on the
      745 words
    • Article
      Lock icon Daewoo to build 2 box ships for MISG
      127 27 Reuter [KUALA LUMPUR] Malaysian International Shipping Corp yesterday awarded a US$66 million (Ss93 million) contract to South Korea's Daewoo Heavy Industries for two container vessels. "It marks the first time MISC is awarding a shipbuilding contract to Daewoo," said managing director Ariffin
      Reuter  -  127 words
    • Article
      Lock icon Saudi shipping firm to expand crude oil transport activities
      216 27 AFP [ABU DHABI] Saudi Arabia's biggest shipping company plans to expand crude oil transport operations through its second development plan to be launched in 1997, the firm said in its annual report. The National Shipping Company of Saudi Arabia (NSCSA), the
      AFP  -  216 words
    • Article
      Hutchison Whampoa unit wins Subic tender
      287 27  -  ICTSI disqualified for not complying with bid rules Froi Al Labita in Manila HONGKONG'S Hutchison Whampoa Group has won the tender for a container terminal at Subic freeport. The announcement was made by Subic Bay Metropolitan Authority (SBMA), after it disqualified International Container Terminal
      287 words
    • Article
      Lock icon Ceylon Shipping to join SCI-Zim consortium
      272 27 Business Line [BOMBAY] Ceylon Shipping Corporation plans to join the liner consortium of the Shipping Corporation of India (SCI) and Zim Navigation Company of Israel. According to P K Srivastava, SCI chairman, Ceylon Shipping Corporation may initially bring in one ship to the existing
      Business Line  -  272 words
    • Article
      Lock icon M'sia keen to include Myanmar in its regional cruise package
      274 27 MBT [KUALA LUMPUR] Malaysia wants to include Myanmar as one of the destinations in its regional cruise package. Transport Minister Ling Liong Sik said the potential for the cruise industry is tremendous with the growing disposable income of the population.
      MBT  -  274 words
    • PORTShots
      • Article
        Evergreen may relocate European HQ
        71 27 [LONDON] Taiwan's Evergreen Group is considering relocating its European headquarters from Hamburg back to London. After 10 years in Hamburg, where many regional head offices of Asian carriers are based, the Taiwanese carrier is expected to decide on a relocation soon. A decision will be
        71 words
      • Article
        Lock icon More incentives for Indian port sector
        77 27 Business Line [NEW DELHI] The government is likely to come out with a more attractive regimen for private investment in port sector in the next few weeks. The Surface Transport Secretary, S Sundar, indicated at a news conference here that a more investor-friendly package
        Business Line  -  77 words
      • Article
        Lock icon Good news for German marine Industry
        65 27 Knight-Ridder [HAMBURG] The German shipbuilding components industry can expect another rise in sales this year on good new orders, after a 15 per cent rise to 15 billion Deutschemarks (5514.3 billion) last year, said Heinz Jansen, head of the Marine and Offshore Equipment Industries
        Knight-Ridder  -  65 words
      • Article
        Isle of Man faced with FOC threat
        80 27 [LONDON] The Isle of Man register could be become a flag of convenience (FOC) in the eyes of the International Transport Workers Federation (ITF) following a re-manning dispute. UK-based owner Stephenson Clarke wants to replace UK ratings with Poles on two more of
        80 words
      • Article
        Lock icon China yard hands over ship to Thai navy
        65 27 AFP [SHANGHAI] Shanghai's Hudong Shipyard has handed over a supply vessel it built for the Royal Thai Navy at a ceremony here. The Xinmin Evening News said the 22,000 deadweight tonne vessel measuring 171.4 metres long was China's first international naval contract
        AFP  -  65 words
    • Article, Illustration
      Lock icon Rise of Evergreen, fall of USL
      964 28  -  ROUND-THE-WORLD SHIPPING SERVICE: TALE OF TWO CARRIERS The two maritime operators started round-the-world services in the mid-1980s, but slow ships, poor routeing and high costs doomed US Lines while Evergreen managed to avoid the pitfalls and turn in profits Tony Gray Lloyd's List IT
      Lloyd's List  -  964 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      434 28 PACE Everprime K AEIOcmh 17 Fl-Bright 7 A£L 14 B AFTShpg 14 f moul 7 3 Fifwidt 14 )6 Feedertran 7 i Accord 8 foonflSun 8 Ahrenkiel 4 FroU Appenship 4 Frt links 13 Astro 3 rt ortl 7 Austral 9 Avant 6
      434 words
    • Article
      SHIPPING GUIDE
      10016 36 EXPORT T his qu-icJe lists the sailing destin ations frorn Singapore. "-"he first date the The telephone numbers of the advertisers are provided for your convenience eta ETA Advertiser Vns# Voyage Talaphona ETA ETA Advertiser vnui Voyaot r SIN DesTn Nam* Mm Ninlll Num*ir SIN Desln Ham* Heme
      10,016 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1908 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/EUUnct Rstls SWR Voy No Etb/Btr Period From To From i 4c« JMt 304* a/2359 tt 15/1700 a/0459 16/0900 3 16/0700 a/189 a/1400 4 14/WOO a/1459 a/1700 4* >W2JS» U B/1500 IS/WOO I 15/1500 I5/W5* 15/1*00 t 24 15/1700 M/0«59
        1,908 words
      • Article
        CONVENTIONAL WHARVES
        673 43 VosaM VoyMo Berth Arrival Doportvro 9001 Ml tfMfU* B00/I200 tmt 5 WN XI *ipill *00/0*00 O JO mm.it. B00/M00 5 25*9* JOI HHKUto B 00/2399 V* JOI ill 800/0330 »WM OWN JOI m«**, B00/M30 37/* JOI tonquf 8 00/0500 12/M JOI Huinti K,04/0*00 JOI 8.0I/W00 ,T B.OOAOOO 73/*
        673 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Aircraft makers vying for US$2b Air India deal
        380 44 National carrier needs about 20 medium-capacity long-range aircraft Reuter [NEW DELHI] The world's three largest aircraft makers are wooing Indian national carrier Air India, vying for a deal worth an estimated US$2 billion (Ss2.B billion). Representatives of Boeing Co, Airbus Industrie and
        Reuter  -  380 words
      • Article
        Lock icon Bidders for Manila airport terminal deal
        102 44 Bloomberg Business News [MANILA] Asia's Emerging Dragons Corp may face competition from as many as five companies for a contract to construct a US$4OO million (***** million) Terminal at Manila's international airport. The Department of Transportation and Communication said the five, including Japan's Mitsui
        Bloomberg Business News  -  102 words
      • Article
        Lock icon Plan to lease out commercial routes
        229 44 Knight-Rid-der [NEW DELHI] Air India, suffering from an acute aircraft shortage, plans to lease out unused commercial routes to other international airlines, a report said yesterday. "The move will at once boost Air India's fortunes as there will be 40 per cent more revenue
        Knight-Ridder  -  229 words
      • Article, Illustration
        Lock icon 8 die in train-bus collision
        52 44 [DURBAN, South Africa] Traffic officials inspecting the scene of a crash after a collision between a goods train and a bus in South Africa's Kua Zulu-Natal province on Tuesday. Eight people died and 34 were injured in the crash at a rail crossing near rural
        REUTER  -  52 words
      • Article
        Lock icon Fares will rise, says American Air chief
        220 44 Bloomberg Business News (SAN DIEGO] Airplane fares are poised to rise and this will trigger a decline in the number of passengers, said The chief executive of American Airlines' parent company. The government is about to reinstate a 10 per cent airline ticket
        Bloomberg Business News  -  220 words
      • Article
        Lock icon United Airlines places US$2.5b Boeing order
        353 44 Pratt Whitney to provide engines for the planes Bloomberg Business News [CHICAGO] UAL Corp's United Airlines said it ordered US$2.5 billion (553.5 billion) worth of Boeing airplanes as part of the airline's plan to replace its ageing fleet. United's order includes at least a
        Bloomberg Business News  -  353 words
      • Article
        Lock icon Plans to launch services to Guangzhou and KL
        166 44 Bloomberg Business News [TOKYO] United Airlines is considering adding flights to Guangzhou in southern China and Kuala Lumpur, the capital of Malaysia, as it expands service in the Pacific rim, said a senior company official. "We'd like to add some service to
        Bloomberg Business News  -  166 words
      • LOGBook
        • Article
          Lock icon Australian Airports to bid for 3 airports
          66 44 Reuter [CANBERRA] Australian Airports Ltd said yesterday it would bid for leases on the national government's airports in the cities of Melbourne, Brisbane and Perth. The group is a consortium of the private retail and property group, the Gandel Group, British transport operator
          Reuter  -  66 words
        • Article
          Lock icon Miri Airport to get M$70m for upgrading
          53 44 Bernama [MIRI] Malaysia Airports Berhad has allocated Ms7o million (5539.6 million) for extension and renovation works at Miri Airport in the next two years. Its managing director Khairuddin Ibrahim said on Wednesday this would involve upgrading of the airport terminal and building of
          Bernama  -  53 words
        • Article
          Lock icon Saab expands into Baltic States
          92 44 Reuter [STOCKHOLM] Saab Automobile said on Wednesday it had secured a deal with three distributors in Estonia, Latvia and Lithuania to set up car sales in the Baltic States. The area has extensive sales potential but Saab, joinUy owned by Sweden's Investor and General Motors
          Reuter  -  92 words
        • Article
          Lock icon India's first Escort to roll out this month
          62 44 AFP [NEW DELHI] Mahindra Ford India, the local joint venture of US car maker Ford Motor Co, will roll out its first Escort model in India later this month, company officials said on Wednesday. "The company is planning to launch both the
          AFP  -  62 words
      • Article
        Lock icon Japan and US resume aviation talks in bid to avoid sanctions
        245 44 AFP [TOKYO] Japan and the US resumed aviation talks here yesterday in a bid to avert a possible exchange of sanctions on air cargo services, officials said. The start of the two-day working level talks came after the two
        AFP  -  245 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1462 44 OTY FU6HT ETA FU6HT ETP VM741 1310 VK740 M10 AtaDtaM 6A890 2140 HotYai TC407 2105 T0408 0820 XlllKl S0229 2220 MI89S 2145 MI896 1820 Amtorioa S0327 0755 KL844 0040 Hotel*! AY37 1750 AY38 205 KL837 1445 GA890 2140 HlrosNna S0977 1655 S0978 0130 SS HoCHIHtah VN741
        1,462 words
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      1218 28 I EXPORT I I OTHER DESTINATIONS ~l OtMOTTOWHTCOW I ["l WIBTCOAMTOfCIHTIU^.AMKWCAiIIAWQAWfTABCTWCD vesa wr_ rasn rasw u om va oai nou ok my ■mmon wm ml mi I mwn* I|h cmwml4mmi»^]m HON6KONS EXMtfSS WW IS/M 14/ M M/W M/M 10/ M 11/ M M/M M/M 11/ M 10/ M 11/ M
      1,218 words
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      Page 28 Advertisements Column 2
      633 28 BK\ Un** 4 mMom rvprannlid (f£9kX\ by Mwntoin ol N Ratfrtry o> |WHi M«mb«rio<»» \\%SM)j AocradM Shipping Agants. tjtfU&J Singapore Frazil Fofwardan S"poreNaionalSh**noA»»oc AaaodaHon. Abound Asio». Shipping Times Just t«Bc to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 «Jarrod Leong 740-2089 Philip Koh 740-2382 IXPORT 3 X Japan 2
      633 words
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      1020 29 EXPORT TO: TO: JEDPAH/UK/CONTINENT |VH» VOY SM JED IDA* WWIHG rwiva STOB LEH ALSO ACCEPTING CAJtGO FOfl: WDUOrDHWISHU 3326 17/OJ 07/OJ 05/0J 02/09 03/09 GLASGLOW, GRANGEMOUTH THAHIS 5334 21/01 10/09 01/09 12/09 am» cnimicmcinc mosil 1334 23/00 01/09 10/09 13/09 14/09 A U »WIHSHItI.DS [Ml 3334 24/01 14/09 12/09 09/09
      1,020 words
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      Page 29 Advertisements Column 2
      1770 29 HANJIN SHIPPING USA CANADA* mbnam/vot um m sa i rtx iiwlw I en wt I w ImIi»I \m \m |om m|m|w|m ajgwaawg *Z*_ n/n Bffl _11/n !IZ9 !*Z5_ w/w m/w io/w u/w 17/w u/w u/w u/w u/w i*/w i*/w u/w u/w mmii mi a/w nm jyw_ _a/w_ _a/M_ j2/w a/w
      1,770 words
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      Page 29 Advertisements Column 3
      88 29 'I 'J £*BTI ORIENT EXPRESS UNES (U.K.) LIMITED 5. f 59.1, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUnLE VRSa VOY SINGAPORE BOMBAY VBStt VOY_ BOMBAY SINGAPORE LAMPHUN NAVEE 201 24/08 01/09 LAMPHUN NAVEE 200 18/08 24/06 BJZA 301 28/06 09/09 EUZA 300 20/08 28/08 ORIENT MUM6AI 102 01/09
      88 words
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      Page 30 Advertisements Column 1
      1377 30 «ssa vor sm6awk cinomo jbxmh wm so>mmirw« wggt mmm gjWMM mmm uhaw jsuass em i//i n/» ta iaa_ jfimii! mm _izzi m m m 12 ia_ ■MBUB OMP33 ?l/l 3Q/I M n/» V* mrtocfow mna win/» -n/» io/i qmitaliay 0m33 ;v» 1/1 w w u/i jmm OMH M 17/1 'IM
      1,377 words
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      Page 30 Advertisements Column 2
      1487 30 I NORASIA I VESSEL voyISM PKL] OOA LAS 6CLVALALOWOT ant FELLNA I MSC CARLA 0032-3 tW ZW M 11M 06M ItM 17 M 11M ISM 1M» ItM I NOR FRBOURG 0633-3 ZIM MM 13M IMI liM 22M MM 16M MM »M HM I NOR HONGKONG MM-) UN MM »M MM
      1,487 words
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      Page 30 Advertisements Column 3
      385 30 Direct Container Service'*! to ••*'l Fangcheng Zhanjiang 1 j- h Vessel S'pore Fangcheng Zhanjta^ UANBAO 29/08 04/09 ot/o*Zl if 1 /VU/?TRANSs;I JJU4S2JJ326^^j! MMH-Psrpost R0 AO Corriar Accoptfag: RO/RO, Ramp Capacity opto 40 has Hamry Uh opto 615 taas A* Express V.I9A WPOET 11-14/01 10-11 /OQ tt-M/H A* Express V.3OA tt-30/00
      385 words
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      1100 31 =yWsTRAITSSHipp!N<n»r^TD 10 Ho« Chiang Road #11-01 Kepp«l Towers Singapore 0208 Tel: *****88 Fax: *****17 t*MM I HUM! tONVtNnOtm StKVICI ISAIHWO COHWIHH SiKVKI SB. SM I a Ivtssil VOT fs«GAfO«I KIKMWO slMmsT *j mm ivw I n/w m/m mm m w-w mi» m/m m/os siumnow wt» h/w I io/w »i/w ciimjw
      1,100 words
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      Page 31 Advertisements Column 2
      1830 31 'y WIST COAST SOUTH AMBKA VU HONG IONG CMUO 34 MYV KttMN 31MYS, SAN ANTONIO 40 MYS, VAIMBAKO 41 MYSt TAICANHANO 41 MTV MITA 49 BATS I Till -It— rfy*. MicmtrniM amtiinmmm cm manoma r».i.rti. I (OSfAff SHIPPING PTt LTD Hm Km 4 mint uam,(CU) tttstst COfltl MMB WWM C*ifci-IA«»aB
      1,830 words
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      Page 31 Advertisements Column 3
      529 31 lOUTBOUND Ina I PBI JOH I SM I« I 140 IM |Kg| KM I TOK I ml VA M MOl TBI «T SAU M I wMn>itii/Npf I ow 11vwB m Imilnml aw I w I I I Imi mi mi iv 3v ov jy I wwiwa/ioi iviv ivlisivl aw M
      529 words
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      1271 32 EUROPE/UK/SCAMOINAVtA/FINtANO/RUSSIA qcqiii BUJ uu SGP ROM ANW HBG THP LMV LHV TMP ROM ANW MSG PIU B 1 I naiu Rw iS? Hi IflL 11/ i. oooos RI-K3 n/7 so/7 tin un t%n i M 21/0 EREFWERWOO7 11* m IVi £2 «-£EFUI Rf-««4 4/0 7/0 0/8 8/8 0/8 2/8 4/0
      1,271 words
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      Page 32 Advertisements Column 2
      1050 32 VISSII VOTAOI W m IN DMN UN KWT Ml I VBSH VOTAGI DM AMI MM lAN SGP I UNONWUO *****77* 77/ M 0V» «VW 04/04 04/04 IDM (OtKUtT 0413-07/f 04/N OVM Dt 01 07/01 401 I iwcio** 04i«-034«r nm nm mm nm um imcokmd mh-o» \im iz/oi ivn m/n h/n
      1,050 words
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      Page 32 Advertisements Column 3
      600 32 k f^^^jswEpSsswEASßss^Tr?Tinc^ M IV! TH-- *****33 (12 UNES) Irrtl FAX: *****18/*****03 pj TELEX: RS ***** MBMP p Una* 7 CR NO: **********0E I \TBH rnr I ILSLj cTIWPIAI SHIPPOT Up* Y I ACCEPTING FCL AND CONVENTIONAL I Voy ETA I Lotting tor .1 ZJf I I Abyot 46W8 1M» *>"**■?•
      600 words
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      593 33 BSAj. IRA MYANMA H FIVE STAR UNE T lift Nattaaai Um) Laa<a| far Tw|w (Raafaaa) MM vot m m poi rcu •M« mw an mmi istw in J Sk ML 92-9VMI73M nh n-M-MiMti mt m 91-97-*****11/4 BANK LINE U wnk» W kmkrm Wdr SMpphu) I NOKTHBQUNP TO UKC SHS4MMM SBMCE/NMVY
      593 words
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      Page 33 Advertisements Column 2
      1179 33 A HYUNDAI] MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKQ: *****32 w w I w |wssa/vw VOT imnieml AWT IB Ml IMI I M 14/ M M/M 17/ M NIMMMUO9 122W 19/ M M/M M/M M/M M/M M/M 19/ M 21/ M 21/ M 24/ M NT DVUMtt S24W M/M
      1,179 words
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      Page 33 Advertisements Column 3
      394 33 FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) 4 SAILINGS A WEEK TO rf S BANGKOK J J AND REGULAR SAILINGS TO cam 1 rhfiEpl ajIABANG THAILAND > x_ ■m m Jr^SM f for booking O *****33 CONTACT AMY P. KLANG PH: 0203/*****02 (10
      394 words
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      Page 34 Advertisements Column 1
      1427 34 i IlllttftiaLiaaimiaaMUfemasiMamm VEBSgt WY [VESSEL I VOY~ StN PEN [vessel I VOY I am bkk oububhu** gaga st 17/oe tu» 20/08 JWhuw tra sun I is/oa" 20/08 H RATHABHUM 121N ~Ut I 17/08 W*d 21/08" gH^M 822 «j22_ J&£B_ St 24/08 B.MAB QUA Tui 20/0B Thu 22AM H ANANBHUM 28N
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      888 34 11 PUXTON HILL, SlNQAPOR^B9S9^^^^^^^^Cin^s*****oooo!^^^^^ I iTMAITt IHWIU HBVW« "j M« *HNO MNAMi *ot I WW I wa yum vot I mm p g UNI( 454W f» 16/Q» SAT 17/00 KtTA V ***** Ttt 16/ M ~um I t«/w MCC VANTAOf *066 SUN 10/00 MON 19/Ot LUCK 600« SUN 10/00 TUC
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      530 35 Tropical La. *$«vkM m TCHJPP|]\(J CaHbb«an A Central SI METEOR SI MERCURY 007E 009E Port Country 20/08 27/08 Belize City Bel.za 23/09 30/09 Bridgetown Barbados 26/09 03/10 Cartagena Colombia 25/09 02/10 \i ,Cai»ri« S». Lucia 25/09 02/10 f Fort de France Mortintque 26/09 03/10 Freeport Bahamas 21/09 28/09 Kingston Jamaica
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      Page 35 Advertisements Column 2
      793 35 f SSasPlf PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 Ifc. 1 1 BE i tmumii 1 JBLI jB. I ft P n 1 Ml WIIMT mififl— Mil 4/0 11/1 n/< is/1 17/9 u/j uA La Kagffi l 'sa 1
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      Page 35 Advertisements Column 3
      836 35 **********02 I VaWx> OAABETTA |L£ HAVRE HAMBURG THAMEBPORT ROTTERDAM ANTWERP 1 Vl-LE D'AQUILA AI6W 20/06 31/08 06/00 IQQt 12/06 13/08 I*oB V-LE DC CAWNA CI 9M 27/08 07/08 16/08 17/08 18/08 20/08 22/08 V-LE 06 SAOfTTA SIM 03/08 14/08 23/08 24/08 28/08 27/08 28/08 V-LE DC NORMA NI6W J22™ &AX
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      Page 37 Advertisements Column 1
      41 37 To retrieve more schedules, just follow these simple steps... document m )tal 740-6000 tep the port SteD Step key in the four number code Key in your Exampte: p-L-i fax number To HAMBURG (HAM) 2160 Germany for calls within Singapore wwmqny
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      1299 38 44 AS AGENTS: IT UNi (SMQAPONE) PTE LTD (Cft KH244«73IMOi|fIST KG NO: M2-MI7MM) TEL *****77 TELEX KAWAKIRS23I6S FAX; *****16/7/89 W T MJIj 1 MALAYSIA: T UNI MAftfTSMS (MALAYSIA) SON BHD I MmJ X TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25€ INDONESIA: P.T. SAMANA LAUT WIHNU4A, TEL
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      Page 38 Advertisements Column 2
      685 38 fIW StiftiiKq. (Pee) Jid. iKn (SHIPOWNERS I SHIPPING AGENTS) It Aaaaa M 914-13/14, H/17,19-11 khnmti—l Mm Staler. *****3 lf M tmsi I (14 Urn) Fac (iS) *****94 Cdk AM UAMXMS" T+x: K MSI At IBtHUAT a HQ: IttlUTtmW wwuy SA&m ro YANGOW NPOHtSU Ivtssa TOT I SM I TON VKSE
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      Page 38 Advertisements Column 3
      1147 38 —••ww, i iuwj lU, ii/tAj MM VAMR MMT MC *****1 TWICE WEEUY EVERY THURSOAY/SUNOAY gQ2231 ARRIVAL FIXED DAY-MONOAY WW. BOY fTTI KTM HAM FIT If* am Htn VOT in F*T HAM AM r^S^l MNGNORTH JS32WI 1M OW OU9 O/ffi 09ffl MING GALAXY A62BE SLD SLO SLO SLD I I MSG
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      747 39 f-a fJT'I fj I J r 1 I' |JPfejJls I Cj J" Q 111 S^H J 188 I I VESSEL VOY SJN SIN I •'■TIGER BRIDGE 458N 13-14/08 19-21/08 26-27A6 I I TIGER BAY 459N 16-17/06 21-25.06 30-31AJ8 I TIGER WAVE 460N 19-2<VOB 25-28/08 02-0309 I TIGER ISLAND 461N 23-24,08
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      Page 39 Advertisements Column 2
      934 39 Sea K Landl DIRECT SAILING TO LONG BEACH SL METEOR V.007E ETA SIN ETDSIN 20 AUG'96 20 AUG'96 Ivpse wi mai nosoi aitooK wssh |w>T|a<|ai|ao|wc|wt w I ooi I w I him I 11 HoT~iifli ii7B jimwuioi "oiTir JSW"TT^T"iiTST ii/ot «/o» "iWIi^T"H7iT uosm ho» h/m h/m aiuoa *n ii/o* is/m
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      Page 39 Advertisements Column 3
      84 39 I SHIPPING CO, LID.I MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER ft IREAR BULK CARGO L VISSU I YOT I Pf I SIN JIT U JfM HAWS PACIFIC 5 $8 U/OI IS/01 "T TOYOfUJI WO. 12 101 17/00 If/01 22/00 21/00 04/ M YISSII VOT SIM IPII»y HI 111 I JTN PUPPIS
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      Page 39 Advertisements Column 4
      1234 39 wiikiyto Nedlloyd Lines east coast south america (CQyILaL cm **********0 ft r^n SWQAPQRE PHONE (GENERAL) 221 MM RATE ENQUIRIES *****41/24*200 CFS (PHONE) *****10 CfB (FAX) *****23 TO EUROPE T~ rvrrr MtitTftif 1 1— B BCj <W* 3326 ll£! 02/09 03/09 07/09 08/09 OS/O9 ELK 21/08 12/09 10/09 11/09 08/09 MOSEL
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      Page 40 Advertisements Column 1
      709 40 ~—w SAMUDERA INDONESIA (S) PTE LTD 2 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 CM HO. 1047MMQOOO BOOKINGSCALL DIRECT, L J^ 2 2 2 2J4I/*****43 JESSICA/CELIA >1 3IH I Ik H Im>l 3 Sl'i IH EQQiQSBEBH 8 SLGS/WEEK 3 SLGS/WEEK
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      Page 40 Advertisements Column 2
      431 40 TO E. CANADA US ATLANTIC US GULF VOY £"2* I PXB-W MAUFAX N.YORK NORFOLK N. ORLEANS SAVANNAH TAMPKX) HOUSTOT 252 28 SEP 28 SEP 29 SEP OSOCT 02 OCT 10 OCT 14 OCT 2SS 18 OCT 18 OCT 21 OCT 38 OCT 24 OCT 1 NOV 5 NOV HOEOH MWANOA
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      Page 40 Advertisements Column 3
      524 40 I.X. Singapore Soviet Shlpptop flB Co. Pte. Ltd. CR NO:**********0* I VESSEL TOY Ism BOM Tl TRADE FAST 7T5166 22AM 30/00 KOTA CAHAYA CAHIS3 28AM 00/00 MEKHANIK KURAKO MK22N 04AM 12AM VANESSA OON 09/00 17AM J -4 6 REBUIAH aRYffE VCWtL VOY SPORE H.YCHEVSK* EVER GOLDEN 0121-064W 20AM 17AM EVER
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      918 41 SUPER EXPRESS service to sea lAL SHIPPING AGENCY (S) PTE LTD •5 »> TEL NOS: *****6® (INBOUND) *****77 (OPS) FAX: *****33 CFS: *****31/*****42 CR NO. **********0Z INBOUND FROM JAPAN VESSa VOY OSAKA KOBE YOKOHAMA TOKYO HONGKONG PKELANG SIPK^IRE i SEA RANGER 311 IN PORT 18-1908 I P Oll 32J 23-24/08
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      Page 41 Advertisements Column 2
      1058 41 Fibi —inrS? iBT -|SF-^ —SSr-Sr-i&r^ F m i==aci W.MOMHU 1124 17 JO lOJO* 15J0 02J0 ttS OIM 0/5 Tmowsu UH Iff UM mm mm MM VM "W I miMosa i» ON tur 11JI iim iijJ km Mat SS Si M L- ■van DM 210* njr 21J0 mj* 10S iim SS
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      Page 41 Advertisements Column 3
      494 41 APM THRICE WEEKLY DIRECT TO HO CHI MINH CITY tXfOH T TO HO CHI MHO CITY lUPORT FHOM HO CHI Ml MO CITY mm vot m m- MW act I wr nunc nM 0V»o ova h/m m h/m warn* mm Tim u/a. ■BKMiaODU MM 04/W OS/Ml M/M M B/M ■BXMBinu
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      Page 42 Advertisements Column 1
      682 42 f£Z\ SINO IXPRISS SHIPPING (PTI) LTD. V MM I 11 COLLYER QUAY #00-01 THE ARCADE SINGAPORE *****7. i TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX tIMOTUm SHAN6MAI (CONUINU IIKYIC1) Also o«epting container corgo to: VBSfl/VOY ETA SIM ETAHKG ETA SHA W/T HKG: Beiitoo. Chiwon. JIN FU 9615/9616 16/08
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      Page 42 Advertisements Column 2
      691 42 Ml MH CONTAINER LINES. INC 1 MAC-«a» SPORE: >*****2 (24 UNES) KudwwtttOMK M\/ J t ■ll»fl«M« »U:<0M)31«1T» MAMLA: (BS2) 812MS1 gs&ggss» Kgg?£ass^ )w sssaar 20TH ANNIVERSARY OFFER:-(LOWEST-LOWEST RATES) SYDNEY/MELBOURNE/BRISANE ETA SIN "HANJIN CHEJU" V 304 22/8 MANILA "NEPTUNE BERYL" V 45N 23/8 HONG KONG "HED. HOUTMAN" V 8316 18/8 CALL:
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      Page 42 Advertisements Column 3
      342 42 IBKI WENDER CONTAINER UNES ATTRACTIVE FCI7LCL RATES TO: Indian SatbContiment Ports: MADRAS BOMBAY/ CALCUTTA COLOMBO CHTTTAGONG NHAVASHEVA/ PORT KELANG PENANG MADRAS WW.SHPG FWDG (P) LTD TEL: 91-44-534 0450 FAX: 91-44-534 0200 BOMBAY WWAGENOES PVT LTD TEL:9I-22-207 5832 FAX:9I-22-207 5831 PKLANG SUASA MASYHUR SDN BHD TEL: 02-03-368 9199 FAX: 02-03-367 7084
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      Page 43 Advertisements Column 1
      92 43 S'pwa ■OZGUR AKSOY 14AM 18AM RdnVAtwAJK/Nan I ■ASPILOS 20AM Atw/RdnVUK I J* Loads EVW. Mrtayda. Indon—!■ J I Loading tor f ■PAN CRYSTAL Dubai/A. Dhabi/Doha/Bahrain/ I Damman/Kuwait I ■PtSTIS CXAaVA. DhabiTOoha/BataairVDammarVKuwaitl ■AYNUR KALftAVAN HodaWah/Jaddah/Pt. SakVTripoN I B Xoad» Sngapora, EVW. Ilahyla. WH I ILoadkigfor 1 PAN EXPRESS Los >Vige4es/New OleanvOvartestorV
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      Page 43 Advertisements Column 2
      80 43 RW SHIPPING AGENCIES (S) PTE LTD BLX 809 FRBCH ROAD 106-166 KITCHB€R COUffIEX SNQAPOftE *****9-TEL 296 8400-FAX: 296 9639 CR: **********0N (RW) CALL US NOW!! ATTRACTIVE RATES FOR REGULAR FCL/FCL SAILINGS JAKARTA QINGDAO, SHANGHAI SURABAYA HOCHIMINH HONGKONG BUS AN BANGKOK KAOHSIUNG LAEMCHABANG COLOMBO P. KELANG CALCUTTA PENANG MADRAS SHANGHAI BOMBAY
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      Page 43 Advertisements Column 3
      213 43 USA Singapore to all USA destinations via Los Angeles We accept both FCL LCL, vessel departs every Monday. For general enquiries, please call 542 7668. For booking, please call f«nny Tlan at 548 9584 or Stella Can at 548 9585. JIN XING DISTRIBUTION SERVICES PTE LTD I MKT KLANO U/l
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      Page 44 Miscellaneous Column 1
      111 44 LEGCNO: E2T"" #C wrth spe«lknots VS£dy*y Wave height Serfoce »mit ore mdicoted by arrow* which fly with the wind On* ful circle repr events calm or kght and vorioble winds One half Heche represents 5 knots I I—► One ful Heche represents 10 knots One sohd tnongle represents SO knots
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