The Business Times, 29 August 1996

Microfilm: NL20626
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, AUGUST 29,1996
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  • Article
    MARKET SUMMARY
    60 1 Own 215fc88(-11.57) BTOOHP 2130.70 (-12.63) BT-MGA *****0 (+2.34) gj IUIKETHOOD: STOCK MAifETPIMCES Wednesday Change KLSE COUP lilt« -112 NIKKEI 2070M1 -200.46 HANG SENG *****.49 +40.56 SET INDEX 110&S4 11.25 JAKARTA COUP—.548.42 -1.10 MANILA COUP *****8 +4.59 TAIPEI WF! 6256.76.. +24.23 SEOUL COUP ***** -8 .39 CLSA CHINA B
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  • Article
    FINANCE
    71 1 EXCHA98E BATES us» s$ list im 1.568. 2.190 DM. M71 .0.952 VIM. .0.922. 1.298 Ml .0.461. 0.564 HKI 0.129 0.182 BAflT .0.040 0.066 RUP1AH 100 0.043. 0.060 PUKE BATES SINGAPORE* 144 KUALA LUMFUR. 9.25 JAKARTA 18.00 BANGKOK ItS MANILA _...1S.30 HONGKONG AM TAIPH 9j5 SYDNEY 10.75 TOKYO U0 SEOUL
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  • Article, Illustration
    Lock icon Japan manufacturers' sentiment falls sharply
    561 1  -  T&nkan survey shows govt may need to take urgent action to stop economy slipping back into recession From Anthony Rowley in Tokyo TOKYO'S financial markets went into a spin yesterday after the official tankan quarterly survey showed a sharp and unexpected deterioration in sentiment among
    Source: Bank of Japan  -  561 words
  • Article
    Lock icon Nasdaq new rules get nod
    71 1 Bloomberg Business News [WASHINGTON] The Securities and Exchange Commission yesterday unanimously approved long-awaited rules aimed at improving individual investors' access to the best available stock prices on the troubled Nasdaq market. The order-handling rules, which will be implemented in phases, starting in four months, require
    Bloomberg Business News  -  71 words
  • Article, Illustration
    Lock icon Kotjo consortium still keen on Kazakh gold mine bid
    423 1  -  Successful bid would donble reserves controlled by group By) Lee Han Shih [SINGAPORE] Despite a recent setback, a consortium whose members include regional business heavyweights Johannes Kotjo, Bambang Trihadmotjo and Wan Azmi Wan Hamzah, is still keen to extend its already
    JEN CHUA  -  423 words
  • Article, Illustration
    Lippo's Riady family to integrate financial arms
    614 1  -  Move will create powerhouse with assets worth 10 trillion rnpiah Prom S N Vasuki in Jakarta INDONESIA'S high-profile Riady family, founders of the Lippo empire, are integrating the group's banking, life insurance and securities arms to create a financial services powerhouse with assets
    614 words
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      Page 1 Advertisements Column 1
      132 1 DtgBMB Still appealing Serangoon Garden Estate, a post-war locality off Yio Chu Kang Road, is still attracting much interest despite the inactivity plaguing the overall residential market, P*4 nvifiun Japu's MUNbctarers' MOtlfllflßt Ul thuplj, thispg. Alert for those courting Japanese firms: continued weakness in Japan could mean puilbackin overseas investments.
      132 words
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      Page 1 Advertisements Column 2
      19 1 Reports on Pg 17, 18 INTERIM EARNINGS NET (|m) GROWTH Prima. $9.58 +41.1% IntarRoBer 0.54 +51.0 Teted&U 1.89 +35.5
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      22 1 Death sentence; 1 > Chun Doo Hwan 1 Jk J, Jr wont appeal? report. W 9 \x 111 m 1 mt*' if T
      22 words
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      61 1 Japan's financial hole, Pg 13 the net has redefined the borders of time arid space. Now < vl.erW.iv r fi m t tn 1 lior<i«-r« of Mm- ri♦ r v n K i'g i^V, ||9jt> /r"' *1 v n T;l* J f f JI,l llil,,ll i lj r il |T
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Consumer confidence peaked in June
      474 2  -  Masterlndex of 84-5 is highest since survey was started in mid-1993 By. Anna Teo CONSUMER confidence in Singapore about the second half-year reached a high in June, according to a survey barely weeks before concerns about an economic slowdown surfaced. The Masterlndex of consumer sentiment
      ALLAN  -  474 words
    • Article
      US embassy here gives S'pore thumbs up
      269 2 Republic described as having one of the world's most open investment regimes THE United States embassy here has painted a virtually glowing picture of Singapore in its latest report on the country's investment climate. Released to the local press yesterday, the report de-
      269 words
    • Article
      China's economy future not all that rosy, says US prof
      230 2  -  By' Teh Hooi Ling CHINA'S economic future is not as optimistic as most experts and scholars deem, says a visiting professor. "China has developed at such a fast rate up till now. It will not be easy for it to
      230 words
    • Article, Illustration
      Lock icon CBRD projects Q3 growth at 5%
      333 2  -  EYE ON THE ECONOMY Outlook By, Anna Teo THE economy is expected to grow 5 per cent in the current quarter and 6.5 per cent In the closing three months for a full-year rate of 7.3 per cent, according to econometric forecasts by the
      somkl ftftt ALIJVN  -  333 words
    • Article
      SDP members also guilty of perjury: BG Yeo
      415 2 Contempt of Parliament letter to Speaker cites wilful false answers SINGAPORE Democratic Party leader Chee Soon Juan and three of his party members committed perjury by wilfully giving false answers before a Select Committee hearing on healthcare subsidies, Health Minister George Yeo
      415 words
    • Article, Illustration
      Lock icon Nasdaq firm opens Asian plant to support semiconductor industry
      292 2  -  By Annette Pau NASDAQ-listed Photronics yesterday opened a $20 million manufacturing plant here its first in Asia to support the region's semiconductor industry. The plant will produce photomasks, which are high-pre-cision quartz plates containing images of electronic circuits. Crucial to the
      CHRIS LOH  -  292 words
    • Article
      TDB aims to make S'pore a franchise hub
      275 2 THE Trade Development Board (TDB) plans to make Singapore an international franchise hub for homegrown and international franchises. As part of the plan, Singapore will host its first franchise exhibition and conference. Global Franchising 97. The TDB's vision was presented to 50
      275 words
    • NEWS Roundup
      • Article
        $10m a year for apprenticeship training
        90 3 THE Singapore Productivity and Standards Board (PSB) said yesterday it will spend $10 million a year to provide ftinds to companies for in-house and in-employment apprenticeship training. More than half of the total training places supported by the PSB's Skills Development Fund (SDF) each
        90 words
      • Article
        High gas demand causes shortage
        91 3 A CUT-BACK in piped gas supply hit several parts of Singapore yesterday during the peak demand period of The affected areas were Ang Mo Kio, Bishan, Bedok, Pasir Rls, Woodlands, Jurong West and Choa Chu Kang. Power Gas Ltd said the problem was caused by
        91 words
    • Article
      US water treatment firm opens regional HQ
      314 3  -  By] Poo-Cheong Wai Ming UNITED States Filter Corporation, which makes water treatment systems, has set up shop in Singapore as part of its efforts to expand its business in Asia. The new office will be the regional headquarters for US Filter's operations in
      314 words
    • Article
      JTC to invest in $100m expansion of Thai estate
      424 3  -  JTC and STIC also asked to invest in Eastern Seaboard industrial zone Reports by! Loh Hui Yin in Bangkok JURONG Town Corporation (JTC), which is scouting around for new industrial estate projects in Thailand, has firmed up plans to invest in
      424 words
    • Article
      Change mind-set, businessmen told
      417 3 THAI and Singapore businessmen must change their mind-set of seeing one another as competitors. By not combining resources, they could lose out on the abundant business opportunites in the fastgrowing region. The candid observations were made by Thai Deputy Prime Minister Amnuay Viravan and Singapore Trade
      417 words
    • Article, Illustration
      Lock icon For sale: land parcels in the CBD
      432 3  -  By\ Michelle Low THE government yesterday put up for sale two small land parcels in the Shenton Way area of the Central Business District that could fetch $70-80 million each. Development of both sites will create two new office buildings with a gross
      ALLAN  -  432 words
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      66 2 1 .i°* -i» AN EXPRESSION OF ART. W i Umm a/ 4 a II w i i >^s!' v "< 3 Archimedes Grand Tonneau mr BUCHERER g ?t< HtJl' Associate mem bet pvHn«twiv »t- STPB i*y+x-Available Exclusively at. 794*-* •H*rr < VtebtcG Watches of Sw.tzerland at: #01-16 Scotts Shopping Centre
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      224 3 S*pore firms headfor Thailand, Pg 6 ____j__ I 111!IVIfl Texas Instruments takes notebook performance an ever higher LLLLLILJ very competitive modular more than other 33MHz or 20MHz pri bus architecture Performance system memory Large colour memory 256K8 of L 2 cache for fast video with Zoom-Video port for MPEG J*
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Serangoon estate's still a draw
      540 4  -  Updated landscape, amenities and transportation account for the older estate's popularity By. Agnes Wee [SINGAPORE] Areas such as Serangoon Garden Estate are still attracting some interest despite the inactivity plaguing the overall residential property market after May's anti-speculation measures. The post-war estate, off Yio Chu
      ARTHUR LEE  -  540 words
    • Article
      Downtown exhibition draws 15,000
      347 4  -  Response positive but consultants want more details By\ Diana Oon [SINGAPORE] The New Downtown plans for Marina South put on show last week gave Singaporeans a complete picture of what the central business district will look like in the future. More than 15,000 people visited the
      347 words
    • Article
      Soon a centre for smart buildings
      256 4 [SINGAPORE] Lucent Technologies, the former equipment arm of communications giant AT&T, homegrown Eutech Cybernetics and Temasek Polytechnic yesterday signed a memorandum of understanding to build South-east Asia's first centre for intelligent building technology. The centre, to be built on Temasek Polytechnic's campus in Tampines,
      256 words
    • Article
      House Hunt
      1120 4 Property transactions for districts 19 and 20 lodged between May 15th, 1996 and Aug 28th, 1996." PflOJECTNAtfy PW CONTRACT TOOt BUUHtf PKE KF STREET NAJ* TYPE OATI LAWAKA' (SOFT) (Sy000) (SS) District 19 Azalea ParkCdo Apt 25/05/96 999 1679 1230 732 ChariaaWe Apt 6/07/% Fh 667 560 839
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      229 4 NO. 277, 279, 281, 283 285 H^jjlU 2-Storey Conservation Shophouses oe»e\^^^ Combined Land Area: Approx. 6,602 sq. ft. e Approx. Gross Roor Area 10,154 sq. ft. I* DGP Plot Ratio Of 3.0, Up To 4 Storeys c -v\ DGP Zone Commercial food \VN Freehold/Selling With Vacant Possession ceme Tender Closes:
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      417 4 MARKETING IN THE 21 ST CENTURY SiPTIMBIR 1996 HOTlt N«W OTANI, SINOAPOM On* full-day lively presentation* of relevant, modern day marketing issues by highly qualified and experienced academics, researchers and leading practitioners. Asian Dimension to Marketing Or Rajah V Komaran The social. *0000(1110 and poMeai vibrance among Asians has been
      417 words
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      395 5 "-A 1;. It would seem that at Pacify nternet, when it's our birthday it's your birthday tool That's because we have a host of new Features and special offers to help you get more out of the m For ■■■■■■■■■I pack of 12 hours surfing with island wide. Get your
      395 words
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  • FOCUS
    • Article, Illustration
      S'pore firms head for Thailand
      1325 6  -  Financial services, manufacturing, hotels and the retailing of upmarket goods are among the sectors drawing investors Reports By Loh Hui Yin [BANGKOK] M BUSINESS mission led by Singa- pore Trade and Industry Minister Yeo Cheow i Tong will at the newly-opened Westin Banyan Tree Hotel
      1,325 words
    • Article, Illustration
      Making the right connections in Thailand
      439 6 WHEN Somsak Leewadtrakul wanted a partner for his latest investment idea an interior decoration business his first instinct was to find a Thai firm. But there was none that fitted the Thai businessman's bill. Mr Somsak, whose Siam Steel Pipe group has a US$2.5
      439 words
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      Page 6 Advertisements Column 1
      122 6 Our optional extras come as standard. ejcc/ronfc tlfpe^orjhr; mm /J&I&6S 7b Vesper SeaM f>ho/L& asurf H -ExcAoitucj Cfi'r&b <£/*£&. jH I a II x H fln Uniotw'n*. Service, fo 4**f front PkrsoAaJ l/ideo Sa&fesn ffloJbi/c. Pkx)ne. atuf on* £u/*pan /f/rjoorfWm (ewer 30 fil»i*> fit, rtufajfcr ft 4a*j& mihk. UmHt, fir&f-e/*ts)
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      Page 6 Advertisements Column 2
      134 6 ■■■■■^^■■■■■■^■■*■■■HH^^ 1996 TOUR EXffIBTIION OF 12 FAMOUS ASIAN ARTISTS SINGAPORE j |^S|HH|<VKnni^9Bpr t k If f 1 H Participating Artists m Wan Mingming Song Di Du Yingqiang Liang Yan Lam Wufui Shen Daohong Liu Maoshan Cheng Hawchien Chen Jianbo 1 Jiang Minxian Yuan Jinia Nai Swee Leng I On Thursday
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Current account deficit not a major problem: Dr M
      433 7 KUALA LUMPUR Ms3b unit trust scheme launched to help raise domestic savings rate to 40% of GDP by 2000 AFP MALAYSIAN Premier Mahathir Mohamad yesterday launched a huge unit trust saying Malaysia's current account deficit was not a major problem as
      AFP  -  433 words
    • Article
      Apec telecoms ministers to meet next week
      375 7  -  SINGAPORE Freer trade, fair play on the agenda at Queensland session W Yang Razali Kassim APEC members in the World Trade Organisation will meet in Australia next week to discuss the opening up of their markets in basic telecommunications and information. The meeting
      375 words
    • Article, Illustration
      Lock icon Labuan: from sleepy town to financial hub
      364 7 ■LABUAN AFP SIX years ago, when the Malaysian government declared Labuan an island off the eastern state of Sabah an international offshore financial centre, the tallest building was a five-storey hotel. Infrastructure and telecommunications were lacking on this 92 sq km island, and
      AFP  -  364 words
    • Article
      Lock icon Megawati fails to reach out-of-court deal with govt, rivals
      226 7 JAKARTA Reuter THE ousted leader of the Indonesian Democratic Party (PDI), Megawati Sukarnoputri, failed to reach an out-of-court settlement with the government and her political rivals yesterday. The news that talks had failed came as the official Antara news agency reported
      Reuter  -  226 words
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      126 7 •I OPEL OMEGA -irrt yp J v IJ^H jBSir -'«f idl^ A billion dollars went into the development of the Opel Omega. Into perfecting an engine powerful and economical. Into a suspension capable of taking everything the road could throw at it. Into a spacious, luxurious, leather-upholstered interior that pampers
      126 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Paving the way for new take-off
      724 8  -  CHINA WATCH China's latest rate cuts aimed at stimulating consumption and Investment In capital market By Lu Ning Although China's central bank had made it clear it was considering new rate cuts, the steep cut announced last week took many by surprise. As from
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    • Article
      Lock icon China's high consumption a threat to Earth's resources: report
      258 8 WASHINGTON AFP CHINA'S demand for meat, grain, fertiliser, steel and coal has surpassed that of the US in a trend that is threatening the Earth's limited resources, the Worldwatch Institute said yesterday. While the US remains the world's largest consumer of
      AFP  -  258 words
    • Article
      Lock icon Taiwan expects S Africa trade to grow 10% a year
      324 8 TAIPEI We stand by Taipei govt bnt seek better China ties: Mandela Reuter TAIWAN Vice-Premier Hsu Li-teh, cementing ties with the island's biggest diplomatic ally, said bilateral trade with South Africa would grow 10 per cent a year, the state
      Reuter  -  324 words
    • Article
      Lock icon Bomb threat at HKBank
      113 8 HONGKONG Reuter HONGKONG and Shanghai Banking Corp put its staff on alert yesterday after police warned the bank it was the target of a bomb threat, which local media said could be linked to HK's underworld. "Staff have been alerted. They are aware of the situation,"
      Reuter  -  113 words
    • Article
      Lock icon SFC mulls easier rules for leveraged forex transactions
      348 9 HONGKONG Recommendations include reducing minimum liquid capital requirements Reuter HONGKONG'S Securities and Futures Commission (SFC) yesterday issued for consultation a paper recommending the easing of some of the rules imposed on leveraged foreign exchange trading. It recommended: ♦The minimum liquid capital requirement
      Reuter  -  348 words
    • Article
      Lock icon China records boom in computer sales
      187 9 BEIJING AFP CHINA'S electronics industry registered a 16.3 per cent rise in sales to 99.9 billion yuan (5516.8 billion) in the first seven months of this year, mostly due to increased computer orders, the official China Daily reported yesterday. The industry showed a year-on-year
      AFP  -  187 words
    • Article, Illustration
      Lock icon Taiwan's steel firm looks overseas
      82 9 [KAOHSIUNG, Taiwan] A worker at Taiwan's An Feng steel company making a coil from a steel slab. An Feng, one of Taiwan's largest steel makers, currently imports all its slabs. Earlier this year it went ahead of state-backed China Steel to land the country's first
      REUTER  -  82 words
    • Article
      Lock icon Tough year for textile fibre makers
      382 9 SHANGHAI Higher priced raw materials, more competition to blame Reuter SURGING prices for raw materials and falling prices for finished goods have squeezed China's textile fibre makers, pushing some into the red, and there is no recovery in sight this year, analysts said yesterday.
      Reuter  -  382 words
    • Article
      Lock icon China attacks US for silence on Japanese militarism
      256 9 BEIJING AFP CHINA launched a new attack against the United States yesterday, saying it was unfair that "a big power" was suspicious of rising nationalism in China but turned a blind eye to militarism in Japan. "It is conspicuous that whUe busy
      AFP  -  256 words
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      309 8 I Incorporation of offshore companies I with Chinese name I Memorandum and Articles of II I Association are issued in Chinese I I* Certificate of Incorporation is issued For further information with company name in Chinese and immediate service characters pi™ Michael J Kingston Corporate documents notarised or OFFSHORE authenticated
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      61 9 I 1-. Jl V Even 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 is such an uncommon pleasure. After
      61 words
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  • ASIA
    • Article
      Lock icon I may not appeal against death sentence, hints Chun
      490 10 THE FALL OF KOREA'S EX-PRESIDENTS But his lawyer says ex-strongman not vehemently against appealing AFP [SEOUL] Former South Korean strongman Chun Doo Hwan has hinted that he may abandon a planned appeal of his death sentence, a development which would plunge
      AFP  -  490 words
    • Article, Illustration
      Lock icon Aussie Q2 net foreign debt rises 1.4%
      223 10 SYDNEY AFP AUSTRALIA'S net foreign debt in the three months to June rose 1.4 per cent from the previous quarter, largely due to higher offshore borrowing by the private sector, wonomists said yesterday. The Australian Bureau of Statistics said foreign debt rose to
      AFP  -  223 words
    • Article
      Lock icon Weak merger policy may hurt Australia
      251 10 MELBOURNE Aussie competition watchdog chief rebuts some myths Reuter [MELBOURNE] Australian Competition and Consumer Commission (ACCC) chairman Allan Fels said yesterday a weak merger policy could damage Australia's world competitiveness. In a lengthy rebuttal of what he called popular myths about the competition watchdog,
      Reuter  -  251 words
    • Article
      Lock icon Sakigake leader plans to launch new party next month
      285 10 TOKYO Hateyama's pollout won't destabilise govt: analysts Reuter [TOKYO] The leader of a revolt within Japan's coalition government said yesterday he would launch a new party next month to end Tokyo's "political stagnation". Yukio Hatoyama said he would quit New Party
      Reuter  -  285 words
    • Article
      Lock icon Police raid 11 campuses, detain 195 students
      150 10 SEOUL AFP [SEOUL] South Korean police raided 11 university campuses here yesterday and detained 195 students, including three radicals accused of leading last week's violent campus protests, a police spokesman said. In a related development, the National Police Agency said it had requested
      AFP  -  150 words
  • Page 10 Advertisements
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      124 10 Looking back to the future, Editorial Pg 13 GREAT. STUFF! GREAT*. prices! w GREAT,. REBATES! >rr' %IM 'I i An lomega Zip drive is a great way to manage your stuff: ever-expanding stuff like software, files, games. The Zip drive hooks straight >o£> your Mac or PC, and each little
      124 words
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      291 11 THE ONLY 2-LITRE SEDAN WITH ALL WHEEL DRIVE Only Subaru offers the highest active and passive safety features plus a personal insurance coverage of $1.000,000! What's more, to commemorate the launch of our new car, we are giving $10,000 worth of accessories and goodies FREE! 1 -Year Road Tax Walnut
      291 words
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  • THE WORLD
    • Article
      Lock icon Germany to overshoot 1996 budget deficit target
      420 12 BONN Finance Minister finally admits deficit of 60 million marks cannot be met Reuter THE German government yesterday finally admitted what many had predicted for some time that it will not be able to hold to its planned budget deficit of 60 billion
      Reuter  -  420 words
    • Article, Illustration
      Lock icon Clinton: man of principle and heart
      366 12 CHICAGO Reuter DEMOCRATS formally nominated President Bill Clinton for a second term yesterday, offering him as a man of principle and heart eager to lead the country to expanding prosperity for the rest of the century. The 50-year-old former Arkansas governor was to be
      Reuter  -  366 words
    • Article, Illustration
      Lock icon The eyes have IT
      47 12 [HANOVER] Visitors to the CeBIT Home Electronic fair looking at the eyes of a model displayed on a giant screen at the 'Action-and Entertainment Hall More than 600 international companies are presenting their products at the multimedia show which ends on Sunday. AFP
      AFP  -  47 words
    • Article
      Lock icon Mystery of the missing president: the plot thickens
      328 12 MOSCOW Newspapers claim race to replace Yeltsin is on Reuter MYSTERY around Russia's "invisible" President Boris Yeltsin thickened yesterday amid awkward Kremlin explanations, and some newspapers said an early race to replace him was already underway. "An unannounced, under-the-carpet presidential campaign has
      Reuter  -  328 words
    • Article
      Lock icon Economic growth to slow in second half: Fed study
      261 12 PHILADELPHIA AFP THE United States will post slower economic growth over the second half of this year, when both inflation and unemployment will remain stable. The Federal Reserve Bank of Philadelphia, based on predictions from 42 forecasters, reported on Tuesday that
      AFP  -  261 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      65 12 For further information on the new Audi A 8 or details on arranging a test drive, contact: Motor Ultima Pte Ltd, 15 Queen Street, #01-01 Tan Chong Tower, Singapore *****7. Telephone: 338 3844 M V ;P *> We reinvented body design, material technologies and construction techniques. The alternative was reinventing
      65 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Dole won't win by wishful thinking
      710 13  -  188 BOTTOM LDVB OPINION By Leon Hadar The writer is BT's Washington correspondent TO COMPREHEND the magnitude of the challenge facing Republican candidate Bob Dole, one has to look at the results of the 1992 US presidential election, in which then-president George Bush failed
      710 words
    • Article
      IN OTHER WORDS
      131 13 'Nobody listens to the central government anymore. They keep putting out laws, and nobody listens. You can pass all the laws you want, it makes no difference.' -9dEngrt,79 one of the few veteran leftists from the United States who remain in China and are disillusioned by the
      131 words
    • Article
      Looking back to the future
      624 13 EDITORIAL BY convicting and sentencing former presidents Chun Doo Hwan and Roh Tae Woo for their roles in a militaiy coup and the ensuing Kwangju massacre, South Korea has tried to show that no one is above the law. But this message may have been
      624 words
    • Article, Illustration
      Lock icon Japan's financial hole
      1138 13  -  Failure to curb budget deficit will slow economy and increase the tax burden, say experts By\ Mayumi Otsuma Bloomberg JAPAN, best known to the world for its record trade and current account surpluses, has a deficit that dwarfs those of most other countries, too. The government's accumulated
      Bloomberg  -  1,138 words
    • Article
      DBS Securities: Dealers quit, they weren't sacked
      165 13  -  MAILBOX Sandy Eu Managing director DBS Securities WE REFER to the report "DBS Securities sacks 6 brokers" (Business Times, Aug 27) and wish to clarify the following errors in the article. For the record, the dealers resigned and were not "terminated" because of
      165 words
    • Article
      WHAT THE OTHERS SAY
      581 13 TlflMt* temporary IDs THE EAST Asian tigers seem to be tiring. Their export growth has slowed. Several are running alarming currentaccount deficits. Attacks of political jitters, ranging from Seoul to Jakarta, make matters worse. Some foreign investors are nervously asking whether more Mexican meltdowns could be
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      33 13 DQOHEBBURY By Garry Trudeau SO YOUGif?S THAfc THd-VLL IKYINS H ACTUALLY PUTTIN6 W'■ SV&?YTHJN6>' ANP UJHAT IVUKS LIK&THZN&iJ tTMUMX, I P&Pl£*£APYf unin? U&SAFB PHIL/ I I X MYSGLf-WOULP H_ I OF JOB, S£AOnB&
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Europe's culture centre
      522 14  -  Copenhagen is maJdng the most of its reign as the region's cultural capital, says at.an riding ALAN RIDING NYT EVERY year since 1985, a different European city has been designated the region's cultural capital, but the usefulness of this exercise has never been too clear. Athens, Florence
      NYT  -  522 words
    • Article
      Lock icon Three seeded men bow out on 2nd day
      514 14 US OPEN Bat Ivanisevic wins on his least favourite tnrf Reuter, AFP [NEW YORK] Three seeded men were upset at the US Open on Tuesday but the biggest surprise of the Grand Slam's second day was that Goran Ivanisevic was not one
      Reuter,; AFP  -  514 words
    • Article, Illustration
      Lock icon S'pore designed car —it's not a dream
      825 16  -  Next year, Indonesia's Bakrie Group starts production of the multi-purpose vehicle Byy Christopher Tan [SINGAPORE] Whaddaya. know? By the end of the millennium, some of the new car models destined here might actually have originated from Singapore. And we are not talking about
      Courtesy of Gadat (Singapore) Pte Ltd  -  825 words
    • BUMPER to BUMPER
      • Article
        2 driven to crack sound barrier on land
        106 16 YOUR regular top-of-the-line Porsche or Ferrari will do 300 kmh easily. Some time next month or October, two men will attempt to quadruple that velocity for a crack at the sound barrier in the Nevada salt flats. Richard Noble of the UK
        106 words
      • Article
        India's first Ford Escort rolls off the line
        66 16 THE first Ford Escort produced in India rolled off the Mahindra Mahindra plant in Maharashtra on Monday— 10 months after government approval of the venture. Ford's comprehensive strategy for India includes setting up a dealer network across the country; a new plant
        66 words
      • Article, Illustration
        A new LDV range in the region
        56 16 THIS is the LDV 3.5-tonne Convoy Van, part of a new family making inroads into the region. Whether the line becomes a real contender in a market dominated by makes such as Toyota and Mitsubishi depends largely on Intraco's Prestige Automobile, the agent
        56 words
      • Article
        Low-priced station wagon from Mazda
        39 16 MAZDA on Monday launched a stylish station-wagon in Japan at a comparatively low price to lure young customers away from its bigger rivals. The Demio, resembling a minivan, has a 1.3 or 1.5-litre engine.
        39 words
      • Article
        VW hires sleuth to catch photographers
        113 16  -  Compiled by Christopher Tan VOLKSWAGEN revealed that a hidden camera, triggered by the heat of a passing car, had been snapping pictures of its prototypes at a test site in Germany. Volkswagen has hired a top German detective to probe the clandestine picture-taking, thought
        113 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      67 14 j -J m I j iJssiwfc 1 j] ii To qualify for a remuneration package big enough luxurious Volvo ever built, you'll need to be either very very lucky. How do you rate your chances? to include the stunning new Volvo 960, the most very very good, or very very
      67 words
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      Page 14 Advertisements Column 2
      97 14 fcßMHflKaimflUßUfllrJ *****888 *****888 PLAN YOUR OWN MENU Choose what you like to suit your pocket. This saying is obvious at Siamese Fins Restaurants for this month. For a mere Ss3B++ for lunch per person and Ss4B++ for dinner, you can select Shark Fins soup, Sauteed Web, Baked Crab with Vermicelli
      97 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      190 15 iLTSINGTAO BEER Where to wine, dine and entertain tSSSfe lOne of the most appreciated beer in the world What's Happening S JBt Wall Street? I liP^reetV 1 Monday to lam J =*Mpt-~-I: lIKtOOII I] 1« TANJONC PACA* lOAD SINGAKH 0M699 jl TIL: B4 441R TILEX: tSU«r7AIMA FAX: S4 3010 [kebab]
      190 words
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      Page 15 Advertisements Column 2
      190 15 I lounge CONNOISSEURS RENDEZVOUS A popular rendezvous for connoisseurs of Syphon Brewed Coffee, Tea and pre-dinner cocktails. "Cosy, private and quiet' Just the place to relax, catch up with friends, clinch that all important business deal or simply while away the hours with your favourite "Cuppa". At APOLLO HOTCL ssigapore
      190 words
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      Page 15 Advertisements Column 3
      154 15 Our Great Seafood I Promotion Back! $31.50+++ Child: $18.50+++ Every Friday and Saturday. From 6.30pm to 10.00pm. Reservations, please call 731 -7990. <xmm njoM Road. Singapore *****0. r y Cafe floruN Uto fflmfr. OS 9Jf Temperatures are a-rising at our Nasi Padang Buffet. Savoury choices include Tahu Goreng, Rojak Bandung,
      154 words
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      Page 15 Advertisements Column 4
      160 15 .>■ < v* -i m v* 4-* n 1 Singapore Business Giving you the winning edge WPI Nflwrfrn— 12p—tpSpM DAyiiYnVfon-Sunl BY POPULAR DEMAND! t&east n our spread of Pastries, Nonya Kueh. and local favourites like Mee Slam, Laksm, Rojak, Mee Rebus and more! Adult: $12.80 (Sat. Stm A Public Holidays
      160 words
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      Page 15 Advertisements Column 5
      128 15 r Of f6l€V vQlvOni pliOM OBIi i 0^ uMt o w Soup of the Day 1-31 August 1996 Throughout the month of Aaga*t t when you alt down for dinner at Xin, we will welcome you with our Soup Of The Day, aerved piping hot and with our complimenta, to
      128 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      756 15 TV&RADIO |k^ a M nri»li':"'f Our Choice). ILOO TV Innovations. 1 JriliilrfTTiTTffa—MMßMM .i 8.00 Under One Roof. LOO AM Close. LOO PM The Winners. 830 Talking Point. 1 L3O Money. Money. Money. 930 ER Welcome Back M 2.00 Asian Property Report Carter (See Our Choice). 0.00 AM Morning News/CNN. 4§H^H
      756 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      227 15 CBTPTIC CROSSWORD 9 Preacher takes a job with the ~88~ 12 Take back espressos for stir- all so rarefied (8) ■■■HT 15 Crazy sort of arithmetic (6) 17 Worship one and the same war-horse (6) you, but she'll put you in your place (9) and got less (7) ~""j^ 27
      227 words
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      167 16 Your company just assigned you all of Eastern Europe. You have no contacts, no one to show you the ropes.JH!6u're completely y- liiiiMiiiiiii ■v iiii ...x'-y. i Except for us. mm While other western airlines are slowly finding their way to Eastern Europe, Lufthansa doesn't have to we've been there
      167 words
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  • COMPANIES & MARKETS
    • Article
      Analysts slash NOL forecasts
      478 17  -  OCBC Investment Research cuts forecast from $42.7 m to $32m; downgrades stock to 'sell' By Rahita Elias [SINGAPORE] Analysts have slashed their full-year profit forecasts for national carrier Neptune Orient Lines, which is expected to have suffered operating losses at half-time. OCBC Investment Research has reduced
      478 words
    • Article, Illustration
      Lock icon ANA shares jump 15%, prompting a couple of rumours
      274 17  -  By Ven Sreenivasan [SINGAPORE] The ANA Hotel stock surged 25 per cent during yesterday's trading session, prompting rumours that the company was either a takeover target or its Japanese owners were selling the hotel to a listed property developer. The stock
      Source: Bloomberg  -  274 words
    • Article
      Scan Technology seeks listing
      256 17  -  By Audrey Tan [SINGAPORE] Electronics firm Scan Technology is seeking a Sesdaq listing, making it the third Taiwan-linked firm, after Acer and Want Want, to do so this year. A spokesman for Schroders, which is handling the initial public offering, yesterday said preparations are in an
      256 words
    • Article
      Laotian brew set to conquer Thailand's beer drinkers?
      678 17  -  HOCK LOCK SIEW Harish Mehta BEER Lao is the leading brand in Laos with hardly any Laotian traits. The only thing remotely Laotian about it is the rice that goes into the brew. The 25-year-old Lao Brewery in Vientiane is based on
      678 words
    • Article
      IPC plunges 11% before recovering
      322 17  -  By, Jennifer Lien [SINGAPORE] IPC Corp stock fell sharply in early trading yesterday on news of an 85 per cent plunge in the company's interim net profit. In the first few minutes of trading, the stock fell 11 per cent to 47 cents. It recovered
      322 words
    • Article
      Amcol bondholders fail to get greater comfort
      320 17  -  They had sought more commitment from Sinar Mas By i Catherine Ong [SINGAPORE) Unsecured bondholders of Amcol Holdings failed to obtain greater comfort from Indonesia's Sinar Mas group yesterday and are making plans to appear at a High Court hearing tomorrow, sources said.
      320 words
    • Article
      Prima's interim earnings up 41%
      227 17  -  By, Ang Wan May (SINGAPORE) Prima Ltd yesterday posted a 41.1 per cent rise in interim group net earnings to $9.58 million for the half-year ended June. The boost came predominantly from Prima's associated companies, whose contribution climbed 56.3 per cent to $6.33 million. The
      227 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Powertek trading at sharp premium
        335 18 Shares in M'si&'s first infrastructure project hit M 57.50 ahead of listing Reuter [KUALA LUMPUR] Malaysia's first infrastructure project listing has made an auspicious start with Powertek Bhd shares already trading at a sharp premium on the grey market, analysts and dealers said yesterday. The
        Reuter  -  335 words
      • Article
        ST Logistics in venture with Bakrie Group
        287 18  -  Ry i Christopher Tan [SINGAPORE] ST Logistics, an arm of the Singapore Technologies group, has formed a joint venture with the Bakrie Group to provide logistical support for the Indonesian firm's maiden car project. Bakrie became an independent car manufacturer this month and
        287 words
      • Article
        Teledata's 1st-half up 36%
        275 18 CORPORATE RESULTS Integration projects, better sales help boost profit to $1.9 m [SINGAPORE] Teledata's first-half earnings were up by almost 36 per cent to $1.89 million for the six months ended June 30. Turnover for the telecommunications equipment and service provider was $39 million for the
        275 words
      • Article
        Inter-Roller posts 51% profit leap
        180 18 [SINGAPORE] Sesdaq engineering services company In-ter-Roller Engineering Ltd has reported a half-time increase of 51 per cent in net group earnings for the six months ended June 30,1996. Net earnings were up to $539,000 from $357,000 on a turnover increase of 5.8 per cent to
        180 words
      • Article
        Shangri-La seeks nod for Allgreen swap deal
        154 18 [SINGAPORE] Shangri-La Hotel Ltd is seeking shareholder approval to relinquish its 10 per cent stake in Midpoint Properties to fellow Kuok company Allgreen Properties. The share swap, if approved. will make Midpoint the wholly owned subsidiary of Allgreen. In return. Shan-gri-La will receive
        154 words
      • COMPANY Briefs
        • Article
          ST Electronic clinches China deal
          57 18 [SINGAPORE] ST Electronic and Engineering has clinched a US$l2.2 million (Ssl7 million) contract to equip a commercial building in China with a computerised building management system. Jin Mao Building, located in Lujiazui Finance and Trade Zone in Pudong, is expected to be the tallest business-cum-hotel
          57 words
        • Article
          First Engineering gets nod for loan
          51 18 [SINGAPORE] First Engineering has received stock exchange approval for its proposed transferable loan facility and warrants issue. The company will be taking a $15 million transferable loan, as well as a $12 million revolving credit facility. The 3-for*lo warrant issue will comprise 21.24 million
          51 words
        • Article
          Jurong Engineering forms Myanmar unit
          49 18 [SINGAPORE] Jurong Engineering has incorporated a wholly-owned subsidiary in Myanmar, called Myanmar Jurong Engineering Pte Ltd, with an authorised capital of one million kyats (*****,000) and a paid-up capital of 300,000 kyats. The subsidiary will do engineering, construction, maintenance and fabrication works in Myanmar.
          49 words
        • Article
          Chuan Hup, PCT clarify rumours
          48 18 [SINGAPORE] In response to news reports of takeover rumours, the directors of Chuan Hup Holdings and PCI Ltd have both clarified to the Stock Exchange of Singapore that they are unaware of any negotiations or corporate plans to take over the respective companies.
          48 words
        • Article
          Lock icon Lung Kee unit for S'pore bourse
          89 18 AFX-Asia [HONGKONG] Lung Kee (Bermuda) Holdings Ltd said yesterday that its shareholders have approved at a special general meeting the listing of subsidiary Lung Kee Metal Holdings Ltd on the Stock Exchange of Singapore. Group chairman Siu Tit-lung said shareholders gave the green light
          AFX-Asia  -  89 words
      • Article
        Wing Lung Bank's interim up 24%
        342 19  -  DBS Bank, with 10% stake, stands to reap HKs7.74m in dividends From Quak Hiang Whai in Hongkong WING Lung Bank, which is 10 per cent owned by DBS Bank, has reported a 24.1 per cent increase in net profit for the six months to
        342 words
      • COMPANY Briefs
        • Article
          Lock icon Sony delays digital video disc launch
          65 19 AFP [TOKYO! Japan's Sony Corp said it planned to delay the European launch of next-generation digital video discs (DVDs) until early 1997 to ensure an adequate supply of the discs. A spokesman said the company did not want to face hardware supply problems that
          AFP  -  65 words
        • Article
          Lock icon Burns Philp posts A$61.8m loss
          67 19 AFP [SYDNEY] Shares in Australia's Burns Philp and Co Ltd slumped yesterday after the food ingredients group announced a A 561.8 million (5568.7 million) loss. The result, for the 12 months to June compared with a A 5115.1 million net profit previously was largely due
          AFP  -  67 words
        • Article
          Lock icon TCI-News Corp TV guide deal may be off
          73 19 Bloomberg Business News [TULSA, Oklahoma] News Corp and Tele-Communications Inc are close to dissolving a four-year-old cable-television channel guide called TVGuide Onscreen, a News Corp executive said. "We're working out a separation with TCI," said Bill Squadron, senior vice-president of strategic planning
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Smith Corona terminates deal
          100 19 Bloomberg Business News [NEW CANAAN, Connecticut] Smith Corona Corp said it ended its agreement to sell a 15 per cent stake for US$5 million (Ss7 million) to MaraFund Ltd, a New York-based investment firm. Smith Corona said it terminated the agreement because of Mara Fund's failure
          Bloomberg Business News  -  100 words
      • Article
        Lock icon Acer Inc 1st-half gain down 17%
        268 19 Bloomberg Business News [TAIPEI] Acer Inc, the world's seventh largest personal computer maker, yesterday said net profit fell 17.3 per cent in the six months to June because of lower prices for memory chips and a write-off at its US subsidiary. Acer also said
        Bloomberg Business News  -  268 words
      • Article
        Lock icon Fletcher Challenge posts 5.6% rise in profit
        295 19 Weaker building activity, poorer palp prices in 2nd half Bloomberg Business News [AUCKLAND] New Zealand paper, forestry, construction and energy group Fletcher Challenge Ltd increased its consolidated net profit in the year ended June 30 by 5.6 per cent to NZ$49O million (Ss47B
        Bloomberg Business News  -  295 words
      • Article, Illustration
        Lock icon Optus posts full-year pre-tax profit of A$60.3m
        451 19 SYDNEY Bloomberg Business News OPTUS Communications, Australia's second-ranked phone company, has delivered its first full year pre-tax profit of A 560.3 million (5566.3 million) in four-and-a-half years of operation. Optus said it achieved the profit on an increase in revenue across all lines
        Bloomberg Business News  -  451 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon NASD bars and fines 12 over brokerage test fraud
        396 20 Association says impostors were paid to take licensing exams; 12 other brokers nnder probe Bloomberg Business News [WASHINGTON] Ten brokers and two brokerage employees were fined as much as US$5O,OOO (S$70,000) apiece and permanently barred from the securities industry in connection
        Bloomberg Business News  -  396 words
      • Article
        Lock icon LSE launches new computer system
        368 20 Reuter [LONDONI The London Stock Exchange launched its new integrated trading and information computer system, Sequence 6, on Tuesday, the last stage in a three-year programme to take the London stock market into the next century. The new system completes the introduction of electronic trading
        Reuter  -  368 words
      • Article
        Lock icon Netscape to develop new Apple version of Net browser
        353 20 Analysts say move underscores Apple's commitment to Net technologies Reuter (MOUNTAIN VIEW, California] Netscape Communications Corp gave a boost on Tuesday to Apple Computer Inc's efforts to make the Internet a key element in its turnaround strategy. The two companies said
        Reuter  -  353 words
      • Article
        Lock icon IBM teams up with Netscape
        246 20 Bloomberg Business News [ARMONK, New York) International Business Machines Corp said on Tuesday it would unveil yesterday a plan to offer Netscape Communications Corp's Internet browsing software with a new version of IBM's OS/2 Warp operating system. For IBM, the agreement provides a way for
        Bloomberg Business News  -  246 words
      • Article, Illustration
        Lock icon Daimler expected to announce strong recovery
        332 20 Financial Times [FRANKFURT] Daimler-Benz, the German transportation group, is expected to announce today that it has recovered strongly from last year's record net loss of 5.7 billion deutschemarks (555.4 billion) as it reports half-year results. The company, which recorded the worst financial loss in
        Financial Times  -  332 words
      • Article
        Lock icon Three firms sign plea deals in US price-fixing investigation
        390 20 They agree to plead gnilty and pay over USs2om fines for fixing lysine prices Reuter [WASHINGTON] The Justice Department said on Tuesday that three companies and three of their executives have agreed to plead guilty and pay more than US$2O million
        Reuter  -  390 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US court lifts threat to Lloyd's recovery plan
        503 21 Fed court order overturned; way cleared for Lloyd's to declare £L2b scheme unconditional FT [BALTlMOßE] Lloyd's of London on Ttyteday night was poised to anfirounce a dramatic comeback for the 308-year-old insurance market after overturning a US court order which had threatened
        FT  -  503 words
      • Article
        Lock icon After 10 fat years, Thai banks face lean times
        455 21 Analysts don't see turnaround soon unless structural issues are resolved Bloomberg Business News [BANGKOK] As members of an exclusive club tdidn't permit newcomers, *the biggest Thai commercial banks have enjoyed fat, easy profits. For the first time in more than a
        Bloomberg Business News  -  455 words
      • Article, Illustration
        Lock icon China rate cuts a boon for banks, says official
        458 21 Bloomberg Business News, Reuter [BEIJING] The decision by China's central bank to cut the interest rate on commercial banks' reserve assets by an average 0.5 percentage point is good news for the country's banks, a banking official said yesterday. "Before the
        Bloomberg Business News,; Reuter; AFP  -  458 words
      • Article
        Lock icon Japan removes barriers in insurance
        173 21 AFX-Asia [TOKYO] The Ministry of Finance said it has removed the barriers between life and nonlife insurance business, but held back on a grey "third sector" due to a lingering dispute with the US. The ministry said it issued non-life insurance business licences to units
        AFX-Asia  -  173 words
      • Article
        Lock icon SinoLand unit signs US$400m unsecured loan
        215 22 Reuter [HONGKONG] Sino Land Investment Holding's US$4OO million (Sss6o million) term loan has been allotted and signed, arranger Peregrine Fixed Income said. The deal is guaranteed by Sino Land Co and was completed as an unsecured transaction. It was the first time Sino Land
        Reuter  -  215 words
      • Article, Illustration
        Lock icon US to see slower growth rate in energy use: report
        475 22 Bloomberg Business News [WASHINGTON] The US, the largest energy user in the world, will see slower growth in energy use over the next two decades, the Gas Research Institute (GRI) said. US energy use that rose at a 1.8 per
        Bloomberg Business News; Source: Gas Research Institute  -  475 words
      • Article
        Lock icon Citicorp's Diners wins IBM corporate card deal
        445 22 7-year contract gives Diners exclusive hold on IBM's overseas employees Bloomberg Business News [CHICAGO] Citicorp's Diners Club unit has beaten rival American Express Co to secure the largest international corporate charge card contract ever to supply the overseas employees of International Business Machines
        Bloomberg Business News  -  445 words
      • Article, Illustration
        Lock icon Citicorp may still move senior management staff out of NY
        327 22 Bloomberg Business News, [NEW YORK) Citicorp chairman John Reed is still considering moving up to 400 seniorlevel management and support staff out of New York, a bank spokesman said. Late last year the bank said Mr Reed was considering moving
        Bloomberg Business News,  -  327 words
      • Article, Illustration
        Lock icon Price rebound brightens palm oil 1996 outlook
        392 22  -  Prices are Ms2so higher than low of M 51,025 in July By I Siow Li Sen [SINGAPORE] The recent sharp rebound in crude palm oil (CPO) prices has led some plantations to believe that prices could average M 51,200 per tonne this year.
        Source: Bloomberg  -  392 words
      • Article
        Lock icon Argyle accuses De Beers of flooding market
        202 22 AFP (PERTH] Australian firm Argyle Diamonds has accused the South African diamond giant De Beers of flooding the Indian rough diamond market, the West Australian newspaper said yesterday. It quoted Argyle spokesman Andrew Murray as saying sales in India by De Beers' marketing
        AFP  -  202 words
      • Article
        Lock icon Euroyen up after tankan report
        226 22 SOKELReport Reuter [SINGAPORE] Simex Euroyen futures ended sharply higher after the release of the Bank of Japan's tankan report which showed that corporate sentiment worsened in August. Trading was volatile with hectic buying seen across the board for December, March and June contracts. "The market
        Reuter  -  226 words
      • Article
        Lock icon CURRENCY REPORT
        162 22 Reuter, AFP London AN UNEXPECTED worsening in Japanese business confidence pushed the dollar higher against the yen. The Bank of Japan's quarterly tankan survey of business confidence, published yesterday in Tokyo, was unexpectedly weak and ended market expectations of an imminent rise in Japanese interest rates, an analyst
        Reuter,; AFP  -  162 words
      • Article, Illustration
        Lock icon Oil prices rally as US product stocks fall
        1612 22 ENERGY REPORT Reuter [LONDON] Oil prices rallied again yesterday, with the help of a draw in US oil product stocks after surrendering on Tuesday some of the recent sharp gains. October North Sea Brent crude was up 34 US cents a barrel
        Reuter  -  1,612 words
    • Article
      COMMODITY PRICES
      1786 23 81C0M FUTURES Aug>8 RUBKR (futures closing tsit SJOpN) RSS1 GONTRACT(S cwtsAfl) Close Votome Open Moot* W# Low Sett (tonnes) interest Stf 96 188.00 188.00 <88.50 100 450 Oct 189.00 189.00 189.50 25 1475 Nov 96 192.00 192.00 ***** 275 2850 Dec 96 194.00 192.00 192.50 750 3100 JWMar
      1,786 words
    • Article
      WORLD STOCK MARKETS
      2292 23 LffWMH Mntridi imtt n«» A. A. Corp Adr 561/4 unch AB Ports 300.400 1.400 Abttey National 610.400 6.400 AHted Lyons 466 14.600 Amec 95.400 unch Argyll 346 Asda Group 114 -.600 BAT Ind 447 10.600 BICC 335.400 unch BOC Group 878.400 .400 BR Petroleum 625.400 *1.400 BTR
      2,292 words
    • Article
      Lock icon TOKYO
      1650 23 Reuter Pgjfatat -200.46 STOCKS ended near the day's lows as concerns over the economy grew after the Bank of Japan's quarterly tankan survey of corporations for August showed unexpectedly weaker business sentiment. Brokers said, however, that a further fall in share prices would be limited as lingering fears of
      Reuter  -  1,650 words
    • Article, Illustration
      Lock icon HONGKONG
      1673 24 Reuter Q Hang Seng *4(151 STOCKS ended firmer as late buying of market laggards erased earlier losses. The Hang Seng Index closed 40.56 points higher at 11,379.49 after falling to a session low of 11,295.53. Turnover was HK53.65 billion. "Lately, there has been a lot of attention on laggards,"
      Reuter  -  1,673 words
    • Article, Illustration
      Lock icon CHINA
      668 24 Reuter CI Shanghai B Share Index -0.40 SHANGHAI B shares ended down on a correction yesterday after rising on Tuesday. The index fell 0.40 point to 51.87 on volume of 11.5 million shares worth US$4.6 million. "Overseas buying was very selective, because only a few companies had good interim
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  668 words
    • Article
      Lock icon TAIPEI
      366 24 AFP QWPMn *H33 SHARE prices closed slightly higher as investors cautiously increased shareholdings, brokers said. "Domestic securities dealers, fund managers and foreign institutions bought electrical and plastic issues on a small scale," said a trader. The TSE Weighted Price Index rose 24.23 points to 6,256.76. Turnover was 1.12 bil-
      AFP  -  366 words
    • Article, Illustration
      Lock icon JAKARTA
      757 24 AFP QoonpoBtehio_ -UP SHARE prices closed lower in quiet trading amid profit-tak-ing with most foreign investors sidelined. "A lot of local investors are definitely taking profit," said a dealer. The JSE Composite Index fell 1.10 points to 548.42. Turnover was 110.3 million shares worth 239.94 billion rupiah. Lippo Securities
      AFP  -  757 words
    • Article, Illustration
      Lock icon BANGKOK
      826 24 AFP HsETlndex 11-26 SHARE prices rose following better-than-expected corporate results in the banking sector and for industrial conglomerate Siam Cement. The SET Index gained 11.25 points to 1,105.84. Turnover was 44.2 million shares worth 3.2 billion baht. Rises beat falls 203 to 92, while 114 counters were unchanged. The
      AFP  -  826 words
    • Article
      Lock icon MANILA
      288 24 AFP Q Manila *4M SHARES were mixed as investors were sidelined ahead of the release of economic data. The Composite Index rose 4.59 points to 3,200.98. Turnover was 14.6 billion shares worth 1.97 billion pesos. Philippine Long Distance Telephone rose 10 pesos to 1,565 while Philippine National Bank eased
      AFP  -  288 words
    • Article
      Lock icon SEOUL
      399 24 AFP □Composite Index -&3> SHARE prices closed lower amid a gloomy economic outlook and rumours about government steps to discourage irregular trading practices. The Composite Price Index fell 8.39 points to 753.36. Turnover was 19.6 million shares worth 384.0 billion won. Falls beat rises 646 to 217. The market
      AFP  -  399 words
    • Article
      Lock icon SYDNEY
      613 24 AFP QinOrtmu-in +2LS SHARE prices rose as strong buying support returned to blue-chip stocks near the end of the session. "There was a rebound from very oversold positions yesterday when the bond market reacted to the US bond market," said a broker. The All Ordinaries Index gained 21.9 points
      AFP  -  613 words
    • Article
      Lock icon WELLINGTON
      265 24 Bloomberg Business News Q Wellington ♦20J2 STOCKS rose to their highest level since March 1994 after Fletcher Challenge posted bet-ter-than-expected results. The NZSE Top 40 Index climbed 20.52 points to 2,240.49. 4*21 *f- CWO AN2B»n*in« 7.90 0.05 ***** Advtntaqos HMft 150 uncll 1000 Air M*« ZMiand (A) 3.12 unch
      Bloomberg Business News  -  265 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Car stocks lead decline
        8208 25 Bloomberg Business News H Composite Index -2J2 SHARES fell, led by car stocks, amid concern earnings growth will slow next year. "We're cautious on auto stocks," said an analyst. "Their strong earnings this year are unlikely to be repeated due to an expected slowdown in car
        Bloomberg Business News  -  8,208 words
    • WARRANTS & OPTIONS
      • Article
        DCB warrants look attractive
        3859 26  -  WARRANT WATCH By] R Sivanithy CONTINUING the recent theme of highlighting banking and other related warrants in this column, today s features are the warrants issued by Malaysian banking group DCB Holdings, the second largest listed banking group in Malaysia after Maybank. DCB's warrants have an
        3,859 words
    • Article
      CLOB INTERNATIONAL
      2417 26 MALAYSIAN STOCKS Or Or 1996 Last Vol 0«Y La»t Quota 0(v Mv YM Not M Ca» mqh Low Stne Company Sata COOP) H>gh Law Buyar So«ar CVr P/t if* 625 364 m s5000 AISB 50c 374 -4 6 374 374 372 386 5.0 4.9 0.4 77.9 3*3.6 119
      2,417 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1241 27 TURNOVER ('OOO) VALUE COOO) Main go TIM M«4n Cl«> TaUl Industrial 36,378 9,110 45,488 115.934 21.767 137.700 FlnwKt 4,011 2.453 6.464 41.965 3.906 45.871 Het*H 1.002 195 1,197 2.659 306 2.964 Prop«rtt« 7,703 4.774 12.477 44,861 6.054 50.915 PHnt««on 857 8S7 2.015 2 .015 Mining 186 186 530 530 31W
        1,241 words
      • Article, Illustration
        HOT STOCK
        57 28  -  ■f Ven Sreenivasan THE stock of ANA Hotels, which surged on speculation of possible takeover, is deep into overbought territory. Stochastics and momentum indicators suggest that in the absence of significant developments it will fall back to trade at the $3.00 to $2.80 range, which mark its resistance
        57 words
      • Article, Illustration
        Interest shifts to shipyard stocks in dull session
        898 28  -  STOCK MARKET COMMENTARY Jnrong Shipyard and Sembawang Corp rise on glimmer of hope that industry is bottoming ont HU Larry Wee [SINGAPORE] Shipyard stocks provided some excitement in an otherwise dull session yesterday that saw the general market drifting lower in thin
        898 words
      • ON THE GRAPEVINE
        • Article
          On edge about industry's future
          93 28 THE current slowdown in the personal computer industry appears to be taking its toll on the public poise of heads of electronics companies. IPC chairman Patrick Ngiam is normally confident and in top form in conversations with the media. On Tuesday, at a press briefing
          93 words
        • Article
          The Golden Gate Republic
          83 28 TALK about mayors. Did you know that the mayor of Sail Francisco, if given a chance, would just love to make his metropolis and Singapore "twin cities"? Mayor Willie Brown was, however, told that this could not be possible as Singapore is a Republic. If this
          83 words
        • Article
          UBS' gala dinner on a Platter
          89 28 WHETHER it is trading exotic derivatives or planning a gala dinner, the Singapore branch of Union Bank of Switzerland (ÜBS) does not lack imagination. But we say this with a lot of bias for sentimental, old songs. To mark its 25th anniversary celebration on
          89 words
        • Article
          Keppel's new toy?
          70 28 AT ONE point in Tuesday's launch ceremony of Keppel Shipyard's new dock, Prime Minister Goh Chok Tong was taken up in a lift to a platform from where he was to activate laser beams from a futuristic-looking aeroplane. The giant jet intrigued some guests who wondered aloud
          70 words
        • Article
          Burger mania?
          145 28 HAS Western imperialism returned in another form? A survey by market research agency Asia Market Intelligence found that Western fast foods are fast outselling traditional Chinese meals in Hongkong. Sales of fast foods like hamburgers have been growing by about 15 per cent annually since 1992, compared to
          145 words
    • Article
      MAIN BOARD
      4612 27 Cf Gr M Wt 1QO I—, Vol Day Last Ouott Olv Oiv VW Net Cap A** High Law St No Company Sala COOO) Hll> Law Buyer Seller C'vr WK Price IKDUSTtiALS 214 .65 SS %!T™ usiao unch 33 -80 ,80 .80 .81 SON 7.5 LO n.i |98.0 494
      4,612 words
    • Article
      SESDAQ
      1023 27 Cf Gr mm 1996 Last V* Day Lwt Ouota OW Mr YM Nat Cap A»g H*h Law StNo Company SaH COOP) HH> La* 8«yar SaWaf Cvr P/E tmil Prtct SOMA 289 13S a 2000 ABR MldgsSc 182 -3 221 IBS 176 181 182 3.0 14-2 0.1 113.8 80 9
      1,023 words
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      661 18 r J*rima J2imitecl (Incorporated In th« Rapubtc of Bingapor«) I The Directors of Prima Limited are pleased to make the following announcement UNAUDITED RESULTS FOR THE FIRST HALF-YEAR ENDED 30 JUNE 1996. The Company Tht Of PUP ±L 30.06.96 30.06.95 30.06.96 30.06.95 Company Group Ss*ooo Ss'ooo 1 (a) Turnover 28,258
      661 words
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      Page 18 Advertisements Column 2
      582 18 I Super Conventions Information KiSSS? 1 Super Convenlions J This exhibition is even more interesting with Super Conventions ff WW incorporated at Live Net. Super Conventions demonstrate services which will be prototyped for future conventions in Singapore. KfJfMfMff Online Registration. Multimedia Streaming. Internet-Enabled Hotel Rooms. Single Card Identification. Wireless Communications
      582 words
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      371 19 r~ The Urban Redevelopment Authority is offering the following commercial sites for sale by PUBLIC TENDER. 11 URA is offering three sites within the Central Business District (CBD) and Bencoolen area for sale. They are for 99-year leases. THE 11 I if] PAfIK a amaha These sites enjoy excellent accessibility
      371 words
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      968 20 CITIBANK* I Citibank, NA. (Incorporated with Limited Liability in the U.S.A.) I I CONSOLIDATED BALANCE SHEET cmco«P and subsidiaries CONSOLIDATED STATEMENT OF H INCOME cmcc*f> and subsidiaries J DfK<KT>bftf 3 1 I IN MILLIONS Of U.S. DOLLARS 1995 1994 IN MILLIONS Of U.S. DOLLARS imuum WT u.o EXCEPT PER SHARE
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      299 21 CAPTURE THE CHINA MARKET TOP 22,000 BUSINESSES IN CHINA It's the official directory of the TOP 22,000 BUSINESSES IN PR. CHINA. Compiled directly from the database of the China State Statistical Bureau, the 2 volume, 2000 pages directory is authoritative and complete, containing a wealth of information including:- Sales turnover
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      Page 21 Advertisements Column 2
      911 21 I I Onume Eouca Asm I I u date International Conference on K Telematically Supported Distance Learning/Training I I 2-4 September 1996, Singapore International Convention Exhibition Centre B and IB Telematic support is revolutiomang education and training m mainstream education. STEERING COMMITTEE: mm 9N| commercial schools. corporate trammg, HRO devetopment.
      911 words
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      67 24 irj^ opp Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner. Joe
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      41 26 when the Market qets Going, ■T the Savvy 90 £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 CENTRE YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
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      88 27 If you are buying an Executive condo, get your loan in 3 simple steps! Fix an appointment with the <VJ Qj Show Document of Allocation. f Hong Leong Finance or Fill up the application form. Income Tax form IRBA J? Singapore Finance loan officer. v Just wait for 3 days.
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      Page 27 Advertisements Column 2
      141 27 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 Quickstock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period i 1 12 months I] 6 months [_J 3 months at S
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      1015 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 5• AND DHARIWAL OVERSEAS PTE LTD (la Members' Voluntary Liquidation) At a General Meeting of Dhanwal Overseas Pie Ltd convened and held at 9A Sam I -eong Road. Singapore *****1 on 21 si August. 1996 the following special resolution was duly passed
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      Page 28 Advertisements Column 2
      228 28 "I THE COMPANIES ACT. CAP. 50 COPY CAT PRINTS SUPPLIES PTE LTD (In Members' Voluntary Winding-Vp) NOTICE IS HEREBY GIVEN pursuant 1 to Section 308(2) ofthe Companies Act, Cap. 50 that the Final Meeting of the members of the abovenamed Company will be held at 10 Anson Road #16-22 International
      228 words
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      Page 28 Advertisements Column 3
      633 28 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND ACME VENTURE PTE LTD In Members' Voluntary Liquidation) ,t an Extraordinary General Meeting A, f the abovenamed company duly onvened and held at SO Jalan Sultan 21 -04 Jalan Sultan Centre. Singapore ***** on 26th day of August 19% the
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      Page 28 Advertisements Column 4
      8 28 Home Decor For people who love their homes
      8 words
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      Page 28 Advertisements Column 5
      276 28 Singapore Closing Share Prices 28/8/1996 CLOSE PREV LOW HIGH uss uss uss uss Mill/ Jardine Matheson 6.45 6.50 6.40 6.50 WfXSKH Jardine Strategic 3.24 3.24 3.22 3.24 r 859 I Dairy Farm 0.795 0.80 0.79 0.80 Hongkong Land 2.30 2.33 2.27 2.33 ■■■(■■l Mandarin Oriental 1.38 1.38 1.38 1.38 EfiUiUlliS
      276 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      317 29 Knight-Ridder, Reuter Trading began slowly following the holiday here with activity largely confined to quoting new canoes or updating ships' positions. Clarkson Wolff said in its daily Biffex market report that turnover was limited but prices fell by as much as 25 points basis Sep. The Baltic Freight
      Knight-Ridder,; Reuter  -  317 words
    • Article
      MARITIME STOCKS
      295 29 mmm yum SCS 000 una —CWT Distribution I-28 -0.05 -"'VMMnHupHoMktgi .LOS *0.02 279 Cosco tnvastmant -1-29 *0.03 27 >»«LS *-70 *0.15 73 FralgM Links 0.71 £8 HoMtrxp ltd LOO *0005 59 Hal Sun Hup Croup LOS unch 324 •*-«ltachi Zosan 0.945 unch 432 IMC Holdings HK5.60 jay* Holdings
      295 words
    • Article
      Philippines in 492b-peso port upgrading plan
      453 29  -  Ambitions 25-year programme consists of five development projects From, Alec Almazan in Manila [MANILA] The Philippines has launched an ambitious 25year port modernisation programme that will require 492 billion pesos (5526.4 billion) in funding. The programme is being implemented by the Philippine Ports Authority
      453 words
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      Lock icon Subic port officials welcome inquiry
      133 29 AFP [MANILA] Executives of the Subic free port north of Manila said yesterday they welcomed a presidential inquiry into the disputed award of a port-handling contract. The port earlier this month awarded the contract to a Philippine unit of Hongkong's Hutchison Whampoa Ltd al- though
      AFP  -  133 words
    • Article
      Lock icon World tanker fleet up by 41 vessels in first half: report
      269 29 Reuter [LONDON] The world's fleet of tankers grew by 41 vessels to 3,241 in the first half of 1996 as deliveries of new ships exceeded the number being scrapped, shipping brokers Jacob Partners Ltd said on Tuesday. The addition
      Reuter  -  269 words
    • Article
      Sumatra port plans upgrading
      138 29 [JAKARTA] Tanjung Balai Port in northern Sumatra plans to build a passenger terminal, a pontoon wharf and other new facilities in its efforts to make itself known as a strategic port in the Indone-sia-Malaysia-Thailand Growth Triangle (IMT-GT) area. These facilities should be fully operational early next
      138 words
    • Article, Illustration
      Thai maritime official's years of hard work start to pay off
      695 29  -  SHIPSHAPE By. Alan Boyd WHEN Chaiyos Chaimankong helped set up Thailand's first national shipping office 17 years ago, the industry's profile was so low that it would have been right at home in the invisibles trade sector. Half a
      695 words
    • Article, Illustration
      Lock icon Pusan eyes Kaohsiung's position as No 3 port
      295 29 Sonth Korean port's fast expansion a threat to Taiwan port Reuter [TAIPEI] Taiwan said on Tuesday that its port at Kaohsiung ranked as the world's third largest container port in 1995, but experts warned that South Korea's Pusan could usurp the ranking
      Reuter  -  295 words
    • PORT Shots
      • Article
        Lock icon Japan navy ships to call at Pusan
        102 29 AFP [TOKYO! Japanese navy ships are scheduled to arrive at Pusan next Monday for the first call at a South Korean port since World War 11, a Maritime Self Defense Force spokesman said yesterday. The 4,059-tonne training vessel Kashima will make the call,
        AFP  -  102 words
      • Article
        Lock icon Estonian Shipping Co to be privatised
        67 29 Reuter [TALLINN] The Estonian Privatisation Agency (EPA) on Monday launched the sale of the Estonian Shipping Company (ESCO), one of the most successful state-owned companies in the Baltic state. EPA said that the state would sell off 70 per cent of the shares in
        Reuter  -  67 words
      • Article
        Lock icon Pakistan seeks petroleum product bids
        71 29 Knight-Ridder [KARACHI] Pakistan's Ministry of Petroleum and Natural Resources has invited bids from shipowners and ship operators to transport petroleum products during Oct-Dec. according to officials. The products will be lifted from various load ports in the Arabian Gulf region and transported to Pakistan's Karachi
        Knight-Ridder  -  71 words
    • Article, Illustration
      Lock icon London's gain, Hamburg's loss
      888 30  -  EUROPEAN MARITIME CENTRES: WOOING FAR EAST SHIPPING LINES London's cosmopolitan nature and better communications has wooed a South Korean and a Taiwanese line to shift their European headquarters from Hamburg to it enhancing its status as a shipping centre Hjr Tony Gray Lloyd's List LONDON'S ability
      Lloyd's List  -  888 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      288 30 PAGE tt EES 13 ACL n h, Mn Aeiocean 15 Eurohans 6 ANL j Evergrew 6 Abie 13 EWTpme 13 Accord 12 tt I AhrAnk .ai a Feedertrans 7 r- .sss. i St* 1 *\T 7 CL 12 .I Gemartrans 13 MM* 3
      288 words
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      SHIPPING GUIDE
      16637 36 EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oestn Name Name Number Number SIN Dest'n Name Name Number Number To BOSTON (BOS) 2054 A Massachusetts, United States To ABIDJAN (ABJ) 2003 02/0* ot/io Hanim s.s. chariot «nc 65 *****24 Ivory Coast, Cote
      16,637 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        999 43 Vessel Voy No Berth Arrival Departure >' v J—I M AAyOos 08/96 M ikjoqsjclf 29 08/2300 •rttn Or km 10/96 J02 Momjwte 28 08/2359 H Cakri *****6 JO) HOAfWk 28 08/1530 R J» R«*m» 11/96 JOI JKWOS.* 28 08/0600 R Lntad 285* JOI «o<t«SMto 28 08/0*00 RIM4« *****
        999 words
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        CONTAINER SCHEDULES
        2070 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/EUUnct Rstls Ship Voy No Etb/Btr Ptrlod From To From AcMwytcM 03/96 31/0700 2A 21/1700 29/0659 29/0900 3 w/0700 nm» a/vwo 4 29/1200 29/1459 29/1700 laii MR MM i WOW WW MMM 2A 20/1700 29/0659 29/0900 «our m mm i
        2,070 words
      • Article
        GLOBAL HOLIDAY
        378 43 auo n Slovakia: Market and Public holiday, National Uprising Day. AUO 30 Turkey: Market and Public holiday, Victory Day. Peru: Market and Public holiday, St. Rose of Lima Day. AUO 31 Kyrgyzstan: Market holiday. Malaysia: Market and Public holiday, National Day. Moldova: Market holiday. SEPT 2 United Stales:
        378 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing expected to launch stretch version of 747
        322 44 US manufacturer will probably make announcement at Farnborough Air Show next week Reuter {SEATTLE] Boeing Co is expected to use the biennial Farnborough Air Show in England next week to formally launch the long-awaited stretch version of its 747 jumbo jet, industry
        Reuter  -  322 words
      • Article
        Lock icon 777 output to increase
        131 44 AFP [SEATTLE] The US aircraft manufacturer Boeing on Tuesday announced that the production rate for its new 777 airliner would be increased from five planes per month to seven in July 1997. It also said its 1996 employment forecast was being increased by about 5,000 to
        AFP  -  131 words
      • Article
        Lock icon Fokker Elmo in China plane cable venture
        146 44 AFX-Asia [AMSTERDAM] Fokker Elmo BV signed a contract with the Aviation Industry General Corp of China for an aircraft cable and wiring joint venture, said Hans Berends van Loenen, director of Stork NV's industrial components and services group. Fokker Elmo BV is part
        AFX-Asia  -  146 words
      • Article, Illustration
        Lock icon Getting ready for Sep 1 opening
        81 44 [FUYANG, China] A Chinese labourer clearing up the debris at the newly completed railway station in Fuyang, Anhui Province, the halfway point of the Beijing-Kowloon rail link, which is due to be launched on Sep I. China has spent 40 billion yuan (556.7 billion)
        AFP  -  81 words
      • Article
        Lock icon UK plans new offer to restart air talks with US
        208 44 Bloomberg Business News [LONDON] Britain said it's planning new proposals to restart aviation talks critical to approval of the planned alliance between British Airways pic and American Airlines Inc. hours after the US called off this week's talks. The US
        Bloomberg Business News  -  208 words
      • Article
        Lock icon Global car makers may find Indian market tough going
        288 44 Reuter (BOMBAY] Global car giants are rushing into India's car market, lured by rising demand, but industry analysts said on Tuesday that they may find the going tough. Demand is forecast to treble from current levels to one million units by
        Reuter  -  288 words
      • Article
        Aerospace group eyes huge China market
        281 44 International Aero Engines opens Bejing office [BEIJING] International Aero Engines AG, a consortium of aerospace companies making aircraft engines, sees China as one of its most lucrative future markets, Barry Eccleston, the company's president and chief executive officer said. "We are at the beginning
        281 words
      • LOG Book
        • Article
          Lock icon EC clears BA's acquisition of TAT
          74 44 Reuter [BRUSSELS] The European Commission said on Tuesday it had cleared the plan by British Airways pic to buy all of TAT European Airlines. BA now owns the airline, which provides service mainly within France, jointly with French partner TAT SA. BA bought 49.9
          Reuter  -  74 words
        • Article
          Lock icon Cathay cuts Frankfurt-Hongkong fares
          70 44 Knight-Ridder [HONGKONG] Cathay Pacific Airways Ltd is lowering its economy class airfare for flights from Frankfurt to Hongkong by 10 per cent immediately. Kwan Chuk Fai, Cathay Pacific's corporate communication manager said yesterday the lower fares were "in response to market competition for particular flights". Conversely,
          Knight-Ridder  -  70 words
        • Article
          Lock icon Air France Europe MD resigns
          85 44 Reuter [PARIS] The managing director of Air France Europe, the domestic and regional unit of the Air France group, has handed in his notice of resignation, the airline said on Tuesday. Jean-Pierre Courcol said in a letter to Air France Europe employees that he would
          Reuter  -  85 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1644 44 CITY FLICHT ETA FLIGHT ETO Atw MmM S044T1530 ***** 1700 S0990 0105 Adelaide S0230 1830 0F82 2055 tww< 5W83 2115 0F81 1930 Guangzhou S0803 1905 S0804 1020 Amsterdam KL843 0455 KL838 2300 CZ353 2045 DL25 0650 0126 2355 Hanoi VH741 1300 VH740 M10 S025 0650 5026
        1,644 words
      • Article
        Lock icon ValuJet lays off workers recalled for service
        169 44 Bloomberg Business News [ATLANTA] ValuJet Inc said it laid off 134 employees it had recalled in anticipation of resuming service. The low-fare airline, which planned to be flying again by late this month, likely won't resume operations until September, said federal regulators last
        Bloomberg Business News  -  169 words
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      13 29 European maritime centres woo Asian lines Hamburg's loss is London's gain. Page 2
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      Page 29 Advertisements Column 2
      61 29 Boeing expected to launch larger version of 747 Probable announcement at Farnborough. Back Page Ik J' 'V- v it »4>< -c —-Singapore to, JAPAN i a Sailing Every Moncjfly-^ Enquiries: m *****30/224 -<K/t :"t; t ®HANJIN SHIPPING (SINGAPORE) PTE LTD 79. Anson Road #23-01 Singapore *****6 SIMOAPORf Pi^^ANQ ST I
      61 words
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      740 30 1 SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) 1 IQULF KARACHI EXPRESS (QKX) "nssa VOT OAK VAN SU LA SM VESSEI VOT PMN JEA KAR COi SM ■nWK AUXANOCin 25W 05/ M 04/ M M/M 13/ M 30/ M DMAIIAT (Ml 17/ M 11/ M 23/ M M/M 02/ M
      740 words
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      Page 30 Advertisements Column 2
      729 30 4 services represented v by Members of the Registry of Members of the Accredited Shipping Agents. Singapore Freight Forwards n^qS pore National Shipping Assoc Association. e Saf^ (S> •111 ShippingTimesOnune r Just talk to us... Iris Lim 740-2044 •TanLipChuan 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Jopon
      729 words
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      1272 31 PAflftC SOUTH WEST EXPRESS (DIRECT) [vissa voy Ina lawn* |s»m) lux dai mb» oo htc a hounokma AftKQgA 0091 26/08 20/00 2>/0> 13/09 17/09 lt/09 U/09 19/09 19/09 11/09 U/09 20/09 AftTOAIAHD 0071 02/09 04/09 05/09 20/09 24/09 25/09 25/09 26/09 26/09 25/09 25/09 27/09 tfIWUWB 0071 09/09 11/09 12/09
      1,272 words
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      Page 31 Advertisements Column 2
      2277 31 HANJIN SHIPPING USA CANADA* |uwmu/VQT mm Ml sa m nw tot |oo |im pa ph. »wi won >os mtc otf vn m tul m tig KVMKOUVaWM 01/0+ 05/W M/W W/W~ W/W ~W/W W/W 01/10 ~30/W 02/10 M/W 01/10 02/10 02/10 02/10 W/W "M/IT" 03/10 02/10 02/10 H.«AOHSWGQ2« 10/W U/W 03/10
      2,277 words
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      Page 31 Advertisements Column 3
      108 31 I A ORIENT EXPRESS UNES (U.K.) LIMITED i fgj. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEL VOY SINGAPORE »OI»»AY VESSEL VOY iOWIAY SINGAPORE EUZA 301 29/09 09/09 EUZA 300 20/08 28/08 ORIENT MUMBAI 102 01/09 09/09 ORIENT MUMBAI 101 24/08 01/09 ACTURIA 200 08/09 16/09 LAMPHUN NAVEE
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      952 32 vessel voy ham row ANT uu sion PKEUNG SIN HXG KAO TTO SHI KOBE NAG NPWOHTIAY O«C3f Z/l 4/i 31/7 4/1 »/l V> imtytSA okam //»</»- m 3i/» i/> t/» iz/f ii/» V* io/» ESSEN BBtESS 1*13? 13/1 1/> V» V* UgjMM 44ED33 12/1 It/8 4/1 13/9 NTKKAI ?OtC3? 1/1
      952 words
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      Page 32 Advertisements Column 2
      1488 32 NORASIA 1 I VESSEL VOY SIN PKTI GOA LAS BCL VAL ALG ROT ANT FEL LHA I NOR HONGKONG H34 3 03A» 05/09 ?Q« 25,99 ?ZO9 ?9D9 0110 ?6W 2709 27 09 29T0 NOR SHAfUAH 9635 3 1109 1209 27 W 82/10 2M9 061 0 ***** 0310 84/10 ***** 0618
      1,488 words
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      Page 32 Advertisements Column 3
      450 32 Direct Container Service to Fangcheng,, i Zhanjiang Vessel S'pore Fangcheng Zhanpaag LIANBAO 01/09 06/09 08/09 n— I /VOfITRANS TEL: 65-*****67 FAX: 65-*****90 Rffrr Uwr Strvfct T» I Le— Pahaf' Muhi-Purpose RO/L0 Corner Accepting: *21' RO/RO, Ramp Capodty upto 40 tons Heavy Lift upto 68.5 tons Bred Buk /Container/Reefers Contmms Thai
      450 words
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      Page 33 Advertisements Column 1
      1453 33 B STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppol Towers Singapore 0208 Tel: *****88 Fax: *****17 SAIAH t HUHEI CONVENTIOHAL SIRVICI I SARAWAK CONTAIHtR SHVHI ypsa vot I "aw 'I i» Ivtssa vot [smcAPoei kikhino sikatostao mm I oa/Q9 I o*/Q9 07/09 aumwii-H v9oi4iA is/09 IZZ®?— srtAiTSHOH man
      1,453 words
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      Page 33 Advertisements Column 2
      1437 33 Fa TO TAIWAN t JAPAN VIA HONGKONG MMINIM OfcM TVtmtm Um/t-** Cmt+mr 4»is4l/t44 tOHOU OffKt O^wUm COSTAK SHIPPING PTI LTD hxie—rtmiiti yaihcau coait ttaas m mm. <**» t* «/i 5/ I T n rju HtM COfMT rTr rtTT IffT fffl f hcfflflli T«t iMSMI**/W he t/ iSMI/9 trntttS/M tnittSitlS <i
      1,437 words
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      Page 33 Advertisements Column 3
      345 33 A/ iPFRKAPArAN DAI ZHUN If if TONG JOO SHIPPING PTE LTD CR NO: ********** C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952~ Kucmne-fAsnsT nAMsrr/ mua*a-f*io*ity berth 7 ho cm mihh-dedkated ~7 GISOOH 9477 30/01 GIHO ***** 01/09 GIHUAT A 5356 01/09 GIKUN 9*22 31/01 GIHENG 9674 03/09
      345 words
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      1353 34 EUROPE/UK/SCAHOIHAVIA/FINUUIO/RUSSIA cqp RDM ANW HBG THP LHV LHV THP ROM ANW HBG PKL ISP i. REFINE RW-007 31/1 20/9 25/9 21/9 21/9 2M E. GLEEFUL RE-044 4/0 7/8 8/8 8/8 9/8 V% 4* E. REPUTE RW-OOS 7/9 27/9 24/9 21/9 23/9 25/9 E. GIFTED RE-M5 11/1 13/9 12/9 14/9 15/9
      1,353 words
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      Page 34 Advertisements Column 2
      1173 34 ■So!^ I VtSStl VOYAW SGP DUI AMI DW ItH IWT U VfSUI VOYAG< DM AM MM lAN SOT luwamm wiioww m ot« m ii/i» ivn I uM(ototu Miso3it zi/n rum nm n/oi m/m ■UN conceit mvm ovw 15/0* 11/w \m ii/m \m \m umchat 0414 ojh ?s/n m/m v/m n/m
      1,173 words
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      Page 34 Advertisements Column 3
      771 34 rS^^aCHnELDMARINEAoSciEM^PTELT^^ V TEL: *****33 (12 UNES) "L FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) lS=; CR NO: **********0E j3t\ ETHIOPIAN SHIPPING LfljES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vessel Voy ETA Loading for «poi» acu/r ifuna Mombasa. Djibouti Apyot 45W8 18/P9 Assat) Massawa Netsanet 44 WB
      771 words
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      663 35 -i Bfifl x Ifljjl MYANMA iSBBk FIVE STAR LINE r (Myanmar National Una) w Loadiag lor Yngoi (Rangoon) VfSSU VOY SIN P«6 PIN PGU PAGAN 135W 30/01 AVA IJ7W 05/09 MALAYSIA AOtNTS: ROUSTIAD SNIPPING AGOKKS KHb-TH 02-03-*****00 PtL- HI 02-03-37*4101 PUk HI 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A »«rvi<o
      663 words
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      Page 35 Advertisements Column 2
      1065 35 A HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG: *****32 nM 1 PH PGO VESSEL/VOT VOY I SIN I ATM I ANT UN HAM 1 IRE I PEL IS/OS JO/0S 31/ OS HY. ADMIRAL JO7W 02/09 20/09 12/09 24/09 22/09 22/09 24/09 04/09 04/09 07/09 HY OUUENGiI JIJW 09/09
      1,065 words
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      Page 35 Advertisements Column 3
      466 35 FAMOUS CONTAINER UNES JIBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) m*TI 4 SAILINGS A WEEK TO (S L BANGKOK J J AND REGULAR SAILINGS TO C^fIABANG THAILAND \BANGKOK I LAEhUBHABANG f FOR BOOKING *****13 CONTACT AMY J P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH:
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      Page 37 Advertisements Column 1
      62 37 To retrieve more schedules, just follow these simple steps... document 740-6000^^§^^^ tep ®-"ywill be faxed _M_ kV M WW oyo0 you J,> Press"i" the port your St Step key in the four number 9 coc e Key in your Example: r-l—i fax number To HAMBURG (HAM) 2150 Germany for calls
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      Page 39 Advertisements Column 1
      543 39 "2Trnnical w k| y lcl fcl rupiy ai Services to Caribbean 4k Central America SICHAMPION MUNKEBO 015E MAERSK 9609 Port Country 03/09 10/09 W.zeCHy Belize 07/)0 )4/10 Bridgetown Barbodos ,0/10 17/10 Cartagena Colombia 09/10 16/10 Castries S» locia w/} q 6 )0 Fort de France Martinique 10/10 17/10 Freeport Bahamas
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      Page 39 Advertisements Column 2
      1388 39 ADVANCE CONTAINER LINES (PTE) LTD m I 140 C«dl Street #12-00, PIL Building, Singapore *****0 AA La I TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E KAWOKOK JAKAKTA VISSH VOY SM IKK SM VISSa VOY SM JKT SM lAIAZAR 924 31/06 Sat 03/09 V* 07/09 Sat RW
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      Page 39 Advertisements Column 3
      879 39 **********02 VESSELS VOY SX QAMCTTA IE HAVRE HAMBURG THAMESPORT ~ROTTEROAM ANTWERP VfILLE 06 SAGITTA SIBW 03AM 14/06 23/08 2MS 28/06 27/0# 29*» VXE DC NORMA NI6W 10/08 21 A» 30/08 01/10 Otfio OVIO MHO V*-LE OE GEMMA HI6W 17/09 26A» 07/10 06/10 1(yi0 11/10 I^lo VH-LEDELVRA YIBW 24/08 06/10 14/10
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      1544 40 HHSSSSSBfIH MpiMEizniE——M I vessel voy iwi jkt |vess€l voy sin ggw B MAS D4JA Thu In Pt Sat 31/08 -—-I GURU BHUM 3758 Sat 31/08 Tue 03/09 lucccciunv sin BKK JARU BHUM 6739 Sun 01/09 Tu# 03/09 VESS£L =1 BHATRA BHUM 99S Moo 02/09 Sat 07/09 03/08 "qSoT GAWTA BHUM
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      Page 40 Advertisements Column 2
      989 40 Hlil i| ■■ill r i 111 Tiki u B VISHL VOY MM CTO gVISMI VOT WW CCU CONSISTENCE 327 SAT [31/08 WED 104/09 |xQUR SPORE 233 TUI 31/08 THU 05/09 MtOMNA «11 THU 05/09 MON 09/09 BnOtß SHARK 094CN8 TUI 03/09 SUN 01/09 a MDMA 333 MOW 09/09 |FRI 13/09
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      672 41 f /£Z\ SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE *****7. m m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VESSEiyVOY ETA SIN ETAHKG ETA SHA W/T HKG: Beijiao, Chiwon. Inyu 9611/9612 30/0
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      Page 41 Advertisements Column 2
      851 41 IftJkfl MN CONTAINER LINES, INC I Agents: MAC-NELS SPORE: *****22 (24 LINES) kuching: (oae) *****3 ~IV/\~ J CWMOI 1*)Oe7SOOOOE 8«U: (064) *****9 MANILA: (632) *****61 PENANG: (04) *****8 BANGKOK: (662) *****67 SURABAYA. (31)*****0 P. KILANQ: (03) *****77 JKT (21)*****07 HDN: (61) *****3 BANDUNG: (22) *****96 HKG ETA ASHDOD ETA "MONTE
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      Page 41 Advertisements Column 3
      385 41 kgri wender 2 X™ CONTAINER LINES I ATTRACTIVE FCL/LCL RATES TO: s «t 4 Indian Sub-Continent Parts: MADRAS/BOMBAY/ CALCUTTA COLOMBO CHOTAGONG NHAVASHEVA/ PORT KELANG PENANG' MM MADRAS WW.SHPG FWDG (P) LTD TEL: 91-44-534 0450 FAX 9144-534 0200 BOMBAY W.WAGENCIES PVT LTD TEL: 91-22-207 5832 FAX 91-22-207 5831 E PKLANG SUASA
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      Page 42 Advertisements Column 1
      337 42 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT D E UVERSY OUR BUSINESS FACTS THROUGH THE FAX JUST CALL 7 4 0 6 0 0 0 Your worries are over when it comes to: •Engine Overhaul Precision Machining Document Cod® In-situ Repair Specialised welding aai f Hard Chroming Thermal Spray Coating OU I O
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      Page 42 Advertisements Column 2
      316 42 Tl ■il800&; mTo advertise in 7; Business Centre 40"6000 j now request for Code Z--8000 tti r M r Mt < Shipping Times Business Centre Advertising that deliver* your business facts through the (ax Document Cod© Entrust your multimodal shipments QQAX.; to members of the lookout a SFFAMTO STAMP OF
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      110 43 S'porw P.Ketang Loading For "1 ■OZGURAKSOY SLO 27/08 RdnVAtwAJK/Nan I ■ASPILOS 30/06 Atw/Rdm/UK I AGIASOFIA 14/00 20/09 RdnVAtwAJK/Nan I J- Loed» EVW. Matayma, Indonesia J I Loading for ■piSTTS Dubai/A. Dhabi/Doha/Bahran/DarnmarVKuwait I ■ayNUR KALKAVAN Hodetdah/JeddaH I ■HERMELIN Dubai/Doha/Bahrain/Damman/Kuwait I ■leopard 1 Dubai/A. Dhabi/Doha/Damman/Kuwait I ■s FRONTIER Hodetdah/Jeddah/Aqa/Pt. Sajd/Tnpoli I I
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      Page 43 Advertisements Column 2
      179 43 USA Vessel departs on every Monday (For booking, please call Jenny Tian at 848 9884 or Stella Gan at 848 9888) Dubai Vessel departs on every Tuesday (For booking, please call Serene Ghui at 848 9888 or Ann Goh at 848 9893) We accept FCL LCL CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I
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      Page 44 Advertisements Column 1
      57 44 HAYS SHIPBROKERS PTE LTD Due to continued expansion of our shipbroking activities, we seek to employ I -2 jjeople with chartering experience in Liquid Chemicals. Lubes and Veg. Oils. Applications with testimonials and CV should be submitted to: The Managing Director Hays Shipbrokers Pre. Ltd. 73 Bukit Tlmah Road #02-02
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      Page 44 Advertisements Column 2
      56 44 M.V. "APOLLO LIMA" VOY. I ARRD 13 AUGUST\f* Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 23 August 1996 0900-1200 hours at PTS. No further survey will be entertained thereafter. As Agents: "K" Line Kinkai AB Shipping
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      131 44 ME ;i M M IPS "wot LEGEND: R T»«irwW Temperature StoCeT Weather Wind dwection with speed m knots ee Ron Wove height Cloudy Sky Surface winds are indicated by arrows which Hy with the wind Q One ful circle represents calm or light and vonoble winds 1 One hoM Heche
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