The Business Times, 24 September 1996
1996-09-24
1
52
https://www.nlb.gov.sg
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The Business Times
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Title Section13 1996-09-24 1 THE BUSINESS TIMES MITA (P) 046/12/95 _85e SINGAPORE Internet http://www.asial.com.sg/biztimes TUESDAY, SEPTEMBER 24,199613 words
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Article50 1996-09-24 1 nam mm acM9(-3i.07) n BTOOMP wm zmjo (-23.07) niT-HQA mm Usui (-6.40) ■AMETMOWfc «HH»1MBTW—IB KLSKCOMP HttS r.4^ ■AH08BW ZjMB.lsIIl-ft9.77 set boh man -uji 4 JAKARTA OOMP i7l.ll +1.17 MAMLAOONP SM4.&4 +LS2 TAIPEI WPl Mil 98 -J6.11 MMIUIUIU» 769.20 +8.8S CL8ACHNAB 813.84 9.06 Mssrt allokd .„mu» -ll» ipaEDT Chugs50 words
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Article67 1996-09-24 1 ninim USS 88 661 1.469 ft im lias m 1» 9.988 TH» 9.919 1.282 m 9.499 MB SB 9.129 .9.182 Miff 9.989 9.968 RUPUH191 9.90 9.981 phuib SINGAPORE* 144 KUALA LUMPUR 128 JAKARTA 18.99 RAKKDK lift MANILA 1160 HONGKONG 8J9 TAIPH JJ6 MM 19.78 TOKYO 189 SEOUL 1196 zunar67 words
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430 1996-09-24 1 Ven Sreenivasan - TAS to launch pro-qualification tender on March 1 next year By' Ven Sreenivasan [SINGAPORE] A pre-qualifi-cation tender will be called next year to select up to two new operators for Singapore's telecommunications sector when it opens up to ftill international competition430 words
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Article, Illustration237 1996-09-24 1 Bernama [LISBON] Formula One car racing the ultimate in motorsport will make its debut in Malaysia in 1999. The green light for Malaysia to join the world circuit was given by Formula One Constructors' Association (FOCA) president Bernie Ecclestone. Prime Minister Mahathir Mohamad,Bernama; BERNAMA - 237 words
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Article, Illustration279 1996-09-24 1 [NEW YORK] A nervous Wall Street opened with a 50-point loss yesterday ahead of today's Federal Reserve meeting on interest rates, but managed to recoup some of its loss to hit 5,856.27 at Ipm EDT for a fall of 32.19 points. WithSource: Bloomberg - 279 words
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Article, Illustration657 1996-09-24 1 Siow Li Sen - Move aimed at cushioning firm's falling returns has agents np in arms By\ Siow Li Sen [SINGAPORE] Great Eastern Life Assurance, under pressure from declining investment income, is slashing commissions for its 4,700 agents by an average of 20 per cent from Jan 1.ERIC CHU - 657 words
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Page 1 Advertisements
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Advertisement139 1996-09-24 1 m Qimt fsfau There is great value in Singapore stocks, said Hugh Young, managing director of Abtrust Fund Managers Singapore which launched its first Singapore unit trust yesterday, P|2B jgBWB VALUE n ii— iSLjL this pg.The rule against cherry-picking will level the playing field for Sing Tel mtutkm •w US139 words
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Advertisement11 1996-09-24 1 SkngTeL, SCV, TAS unit in S 'pore ONE venture, Pg 2111 words
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Advertisement47 1996-09-24 1 AT HOME ANYWHERE IN THE WORLD Ermenegildo Zegna Singapore Ngee Ann City, #01-07 735 8147 Isetan Scotts, Level 3 W 8 735 0539 Raffles 334 0752 London New Beverly Tokyo Beijing Dalian Guangzhou Shanghai Shenzhen Hong Kong Jakarta Surabaya Lumpur £b '"cheap* Marketing Service* Brandrd LtfrMrtr DMha47 words
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SINGAPORE AT HOME & ABROAD
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541 1996-09-24 2 Toh Han Shin - Pilot kicks off early next year; it will use global security standard technology By 1 Toh Han Shin VISA International announced yesterday that it was launching a pilot project with banks and other partners to carry out secure credit card541 words
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Article403 1996-09-24 2 Ven Sreenivasan - German car firm's office will oversee operations stretching from India to China By' Ven Sreenivasan GERMAN car maker Audi AG plans to set up its Asia-Pacific regional head office in Singapore next January to oversee its Asian market ex-Japan. Audi AG's director of403 words
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Article, Illustration313 1996-09-24 2 Anna Teo - EYE ON THE ECONOMY Inflation By Anna Teo SINCE dipping to a low of 1.1 per cent in April, the inflation rate has climbed, rising to 1.4 per cent last month. The consumer price index (CPI) had risen, in year-on-year terms, 1.2 per cent inSource: Dept of Statistics - 313 words
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Article, Illustration49 1996-09-24 2 WORKERS feverishly putting the final touches to booths at the Comdex/Asia exhibition at Suntec City. The computer exhibition is scheduled to be opened by Deputy Prime Minister Tony Tan tomorrow morning. More than 350 exhibitors representing 600 companies are expected to participate. ARTHUR LEEARTHUR LEE - 49 words
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347 1996-09-24 2 Soh Tiang Keng - By I Soh Tiang Keng PART of Great Eastern Life Assurance's problem with declining returns on its investments is the constraints all insurance companies here face over how and where they invest their fluids. Insurers can invest no more than 35 per cent of their347 words
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367 1996-09-24 4 Chuang Peck Ming - Such households earn $1,300 a month, V 3 of all households' average: department By Chuang Peck Ming THE label "poor" hardly applies to most Housing and Development Board one and tworoom tenants when measured by income, the Cost Review Committee367 words
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Article, Illustration180 1996-09-24 4 CALTEX service stations around the world will soon sport a brand new logo, a "hitech" environment and offer added services. The US oil company yesterday launched a US$5OO million (Ss7oo million) programme to support its new brand identity. The programme seeks to improve the180 words
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NEWS Roundup
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Article94 1996-09-24 4 THE Minister for Foreign Affairs, S Jayakumar, is attending the 51st session of the United Nations General Assembly in New York,, which started yesterday and ends on Oct 4. He will deliver a statement to the assembly this Thursday and will also attend the Asean94 words
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64 1996-09-24 4 THE Minister for Finance, Richard Hu, has left for Washington, DC to attend the joint annual meetings of the board of governors of the International Monetary Fund and the World Bank. The meetings will be held from Oct 1-3. He will be accompanied64 words
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Article138 1996-09-24 4 POLICE and civil defence ftilltime National Servicemen (NSFb) will be offered interest-free loans of up to $500 for CPF top-ups. This is to enable them to benefit from the Third Share Ownership Top-up Scheme (Sotus IH) announced in February. Under Sotus m, the government138 words
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Article73 1996-09-24 4 THE Singapore Confederation of Industries (SCI) is organising a trade and investment mission to rhhm for Nov 9-17. The mission will visit the Singapore Township Project in Suzhou and the Singapore Industrial Park in Wuxi and will hold talks with Chinese businessmen and government officials.73 words
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Article76 1996-09-24 4 SINGAPORE MRT Ltd will launch a special edition commemorative MRT ticket next Monday. Entitled Science and TechnologyM a Bettor Tomorrow, it is produced in conjunction with the National Science and Technology Board for Technology Month '96 which ends on the Monday. Priced at $6,76 words
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Page 2 Advertisements
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Advertisement196 1996-09-24 2 ft Come to where the business is.. \jP v in Centre of Asia. pit »r" No matter what your particular requirements are, the Singapore International Convention Exhibition Centre is ready to accommodate you. We lave a choice of 26 Meeting Rooms which can seat from 20 to 460 people, while196 words
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Advertisement51 1996-09-24 2 'tt sf-jj- 4| HP I A Jh MB 1 11 Singapore s one and only duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against rustic beauty. Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 Kwpttirwtwi' (Hotel Negara is located behind Orchard Towers>51 words
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Page 3 Advertisements
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Advertisement324 1996-09-24 3 £F Ja .jti&tiX P #7 /7 P Jr >7 w t' C/ jdj w C/ if jfr o f''" *•>•. \t fp m n tin (>-vi q w jw ,»>• dirt na i nerib Jm > >■■• "'■■-tfeS'S' F jv jg&m j k "I i g M its parfriership p324 words
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Page 4 Advertisements
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Advertisement153 1996-09-24 4 t Hoh&e xtee-iiow it can work for you at: I Electronic Commerce on the Internet is set CONTACT offers a complete range of I I to redefine the way business is conducted. solutions that will enable your company I I The new digital economy will break to conduct business over153 words
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Advertisement177 1996-09-24 4 lllMOffl ©§L AN EXTREMELY RARE ANO EXCEPTIONAL COLLECTION OF SOH6T WORKS OF GREAT HBTORCAL 81QMRCANCE ANO VALUE «NCE THE RENAISSANCE. -47,HIGH INVESTMENT WORTH SIGNED AND SEALED SOHIST LITHOGRAPHS OF LIMITED EDITIONS AND EXCELLENT QUALITY PRINTS m*. AT REASONABLE PRICES. DATE OF AUCTION 26 TH SEPTEMBER 1996 (THURSDAY) TIIIC uv/mvw cnvciwcn177 words
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Page 5 Advertisements
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Advertisement181 1996-09-24 5 Our latest sports car comes highly decorated V ;v 5 •55 '%-v*'*' r' v Vx MS® 'v VftQMHHB I wll iw* fcKi 4» *tr r£L'."yoyiLi.:^•.« j¥*^jt*\. P* r ,L. f\\ The experts and critics were quick to recognise a winner. This superb machine has been awarded the Golden Steering Wheel181 words
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FOCUS: PROPERTY
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Article, Illustration715 1996-09-24 6 Lee Han Shih - THE PROPERTY COLUMN Some may see incentives in bidding high for land even when the market's not in an upswing By Lee Han Shih DO developers who take part in government land tenders engage in "signalling" industry jargon for purposely bidding high to indicate or715 words
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Article, Illustration494 1996-09-24 7 Quak Hiang Whai - Sugar King remembers his humble beginnings as rice trader at launch of Shanghai shopping mall From Quak Hiang Whai in Hongkong TYCOON Robert Kuok held a humble bag of rice at the opening of a store in his US$l billion (Ssl.4 billion) Kerry Everbright City multi-purpose complex494 words
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334 1996-09-24 7 Michelle Low - Wing Tai Asia will highlight company's regional profile By] Michelle Low [SINGAPORE] Wing Tai Holdings's new corporate identity Wing Tai Asia will serve as an umbrella brand for the company's projects at home and overseas, as part of an effort to boost awareness334 words
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Page 6 Advertisements
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Advertisement166 1996-09-24 6 fiy put your Dots down n a rented —office? commercial property financing It makes sense to own your office premises in the long run. At Standard Chartered Bank, we can offer a flexible long-term financjng package at very competitive rates. For more information, call 1800 5353 522 or visit us166 words
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Advertisement136 1996-09-24 6 For Sale By Tender Freehold Residential Site 'Next to Novena MRT Station MRT Stafeor Moumtm WOAD [rhomeon I I Apts 00MM Ctnn 1° Qmimglum UnM ttmmm Square 1 CV Site Area 30,234 sq ft {2 WP for 10-storey apartment (Total: 72 units) 3 Tender dosing: 2 October 1996 J3 jaiMra136 words
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Page 7 Advertisements
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Advertisement524 1996-09-24 7 i- .'A .i; i. I. COLLECTIVE SALE SUFFOLK ROAD Exclusive residential neighbourhood P\ X W HOUtf MO VtMA Freehold site •wffwnewT** r^uc»< Swj DGP plot ratio of 2.8, Up to 30 storeys Combined land area: 17,482 sq ft (Approx) I' HOTEL \(i\ Excellent accessibility 7" \gv TwxtorCloM«: 22 Oct *96524 words
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Advertisement309 1996-09-24 7 FREEHOLD PRIME DEVELOPMENT SITE J, I Strategical/ located off Sims Avenue, at Lorong ■S M»>\ Ijfl |7 Geytang 3 w. \J Waking distance to A|unied MKT A amenities. Squarish land plot: *****m 1 (16,762 ft 1 RWH PjSP'* Outline planning permission wanted for ft-storey W(\ industrial building with besement L——309 words
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Advertisement29 1996-09-24 7 For Sale By Tender The Octagon Freehold tenure CBD location i Exclusive whole floor 6,189 sq ft Tender closing: 10 October 1996 Please contact: Molly Soh Jessica Yap j29 words
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Page 8 Advertisements
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Advertisement900 1996-09-24 8 mm 0 SELF-COTE (S) PTE LTD Celebrates The Achievement Of ISO 9002 pfsirV For Its Architectural Waterproofing Paint. rasriiHJ CERT N0:***** HSelf Cote (S) Pte Ltd is established in 1992 as a manufacturer of the superior Self-Cote Multipurpose Coating System. In just four years, it has made its mark as900 words
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SOUTH-EAST ASIA
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Article, Illustration386 1996-09-24 9 Loh Hui Yin - BANGKOK They will mm sideways until political situation clears ape analysts By] Loh Hui Yin FINANCIAL markets were muted yesterday as politicians in the six-party coalition continued their horse-trading to find a replacement for outgoing prime minister Ban ham Silpa-archa. In early trade, theALLAN - 386 words
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349 1996-09-24 9 KUALA LUMPUR growth cause for concern: analysts AFP MALAYSIA posted a trade deficit of M 5624.5 million (*****.6 million) in July, compared with June's surplus of M 3551.4 million, the statistics department said yesterday. July's deficit was due to imports of MAFP - 349 words
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307 1996-09-24 9 Harish Mehta - SINGAPORE By Harish Mehta INDONESIA is looking to almost halve the US$45 billion (Ss63 billion) cost of developing its giant Natuna gas field based on a similar cost-cutting approach by the British oil industry, Britain's minister for energy, Lord Fraser said. "The Indonesians307 words
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Article171 1996-09-24 9 SINGAPORE WESTIN Hotels and Resorts has just signed its latest management accord for a Westin Hotel in Kuala Lumpur. Coming hot on the heels of its signing last week of a management contract to manage the Westin Resort, Guam, this latest deal makes it the171 words
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236 1996-09-24 9 U KUALA LUMPUR Reuter MALAYSIA warned yesterday that it would refuse to ratify a new United Nations global price pact unless Indonesia withdraws its bid for the top post of the global rubber group, the International Natural Rubber Organisation (Inro). Primary Industries Minister LimReuter - 236 words
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313 1996-09-24 9 JAKARTA Reuter INDONESIA announced its next major privatisation plan yesterday, saying it will divest up to a 25-per cent-stake in giant state-owned bank PT Bank Negara Indonesia (BNI) later this year. "We expect to list up to a 25per cent stake, orReuter - 313 words
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Article196 1996-09-24 9 HANOI AFP VIETNAM needs better arbitration and legal systems to stem a rise in the number of failures of foreign investment projects, a report said. Doan Mau, head of the project monitoring bureau at the Ministry of Planning and Investment (MPI), said the government had withdrawnAFP - 196 words
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Article, Illustration394 1996-09-24 9 S N Vasuki - JAKARTA But she's pursuing another case against govt over PDI ouster By\ S N Vasuki INDONESIAN opposition leader Megawati Sukarnoputri has reached an out-of-court settlement with a senior army official over a 50 billion rupiah (5530.4 million) defamation suM she had filed against him.AFP - 394 words
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Page 9 Advertisements
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Advertisement7 1996-09-24 9 Editorial: Beyond Thailand's numbers game, Pg 177 words
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Advertisement134 1996-09-24 9 V J L Our EMP 3300 multi-media LCD projector weighs that's around 40S brighter than larger machines. only 7.7 kg. so it's just about the lightest there is. And this projector is a snap to use: simply plug It's also extremely compact, placing a 'footprint' it straight into any computer134 words
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ADVERTORIAL
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Article, Illustration811 1996-09-24 10 THE world is in love with the Internet, but the business sector has started romancing its cousin, the Intranet. At its simplest, the Intranet is the use of Internet technologies, such as the World Wide Web, within an organisation. Instead of using telephone or811 words
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197 1996-09-24 10 IntranetWare A complete server operating environment which eases NetWare users into a full-service Intranet platform NetWare 4.11 Newest release of Novell's renowned network operating system, NetWare Manage Wise 2.1 A complete end-to-end PC network management system for different Intranets to increase network reliability Group197 words
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Article, Illustration64 1996-09-24 10 Founded in 1983, Novell is the world's leading provider of network software. The company offers a wide range of network solutions for distributed network, Internet, Intranet and small-business markets. Novell education and technical support programs are the most comprehensive in the network computing industry. Information about Novell's complete range64 words
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Page 10 Advertisements
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Advertisement15 1996-09-24 10 NOVELL'S -e" INTRANETWARE r LAUNCH: NOK".' f Wm ML 2 Oct '96, Rltz-Carfton Ballroom, V6pm.15 words
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AN INTRANET SPECIAL
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Article, Illustration540 1996-09-24 11 Beyond web publishing and group messaging, the Intranet can also become a robust secure computing platform for corporate use. By writing the correct interfaces, the Intranet can be connected to existing host or server computers and to the information they contain. These can540 words
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Article, Illustration223 1996-09-24 11 UNDER a new programme to spearhead the use of Intranet among local companies, leading network software provider Novell has appointed seven leading IT vendors as authorised Novell Intranet Specialists in Singapore. Novell will provide training for the Intranet Specialists to equip them with technical capabilities to223 words
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Article, Illustration418 1996-09-24 11 Hunk of GtoupWise as electronic mail on steroids...' ComputerWarld Oct 24,1984. We considered Miaoeoft Exchange previous to choosing Group Wise 4.1 and found it did not meet our various enterprise requirements. Therefore, we are oommitted to Group Wise and future Group Wise next-generation solutions.' Joe Antwchon,418 words
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170 1996-09-24 11 A TRUE LIFE SCENARIO "DOES my medical insurance cover this procedure?" "When can I enrol my husband?" "How do I join the 401(k) plan?" Such were the questions that occupied the days and lowered the morale of Allison Mello's Human Resources staff. It170 words
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CHINA – HONGKONG – TAIWAN
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Article, Illustration168 1996-09-24 12 HONGKONG AFP A HIGH Court judge yesterday delayed the sentencing of George Tan, former head of the failed Carrian property and finance group who pleaded guilty in Hongkong's largest fraud case. Judge Michael StuartMoore said he decided to delay sentencing to Friday as heAFP - 168 words
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380 1996-09-24 12 TAIPEI Analysts see short-term boost from move, Irat doubt longer-term impact Reuter THE Taiwan government's decision to raise the ceiling on foreign ownership of Taiwan shares will give the market a psychological boost, however, longer-term benefits may be limited, analysts said yesterday.Reuter - 380 words
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326 1996-09-24 12 SHANGHAI Move intended to stop leakage in foreign funds; analysts Reuter CHINESE securities authorities are determined to gradually force domestic investors out of the foreign currency B share markets to stop a leakage in foreign funds, analysts said yesterday. The official media overReuter - 326 words
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Article, Illustration40 1996-09-24 12 [BEIJINGM woman glances cU a pair of bare-breasted statues outside an interior decorating store in Beijing. As incomes rise many Chinese are beginning to indulge in such extravagant decorations to brighten their usually small flats. REUTERREUTER - 40 words
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SINO Briefs
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Article60 1996-09-24 12 Reuter [BEUING] Police in eastern China have arrested a 58-year-old woman for swindling businesses out of more than 200 million yuan (5J33.74 million) since 1994, the China Women's Daily said yesterday. Wang Baoqin, a retired factory worker, set up a steel trading company andReuter - 60 words
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54 1996-09-24 12 AFP [BEIJING] The southern Chinese province of Guangxi has launched a major anti-polhition rampwign ordering the closure ofBsB industrial ftrna before the end of the month, f Xinhua said yesterday. Ttie companies on the pollution blacklist include 324 paper mills, 413 gold-dressing plants, and 96 tanneries,AFP - 54 words
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Article62 1996-09-24 12 Reuter [BEIJING) More than two decades after his death, China's late chairman Mao Zedong has swept the bestseller lists at a Beijing book fair, the Beijing Youth Daily said yesterday. A two-volume biography of him, three-volumes of his Selected works and a book of hisReuter - 62 words
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244 1996-09-24 12 ■HONGKONG AFP HONGKONG'S key measure of inflation fell to an annual 4.9 per cent in August, its lowest rate since July 1987, the Census and Statistics Department said yesterday. The consumer price index's main A measure tracks the 50AFP - 244 words
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Page 12 Advertisements
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Advertisement88 1996-09-24 12 own enjoy the <s^g for Offering jr® txce pt. on a package current for our showroom to4oH&<j£- AUDI aUATTKO PACKAM k "T^"' ?'V^-;- aerv.ce spare pMnffijSffi'f£^B ■Pr AudlMaxPrtvilegee. including «c,u.iv.im.r,„^ o h *4jSg V addit>ona[ road tax A 6 quattro 1 i To the Audi A 6 quattro, there is88 words
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ASIA
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286 1996-09-24 13 SEOUL Reuter NORTH Korea demanded yesterday the immediate return of a submarine, which it said had strayed accidentally into South Korean waters, along with its crew and the bodies of those shot dead. It was Pyongyang's first direct statement on a dramaReuter - 286 words
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Article, Illustration174 1996-09-24 13 SYDNEY AFP HONGKONG'S first trade, business and tourism office outside the British territory was opened here yesterday. Offices for the Hongkong Economic and Trade Office, the Hongkong Tourist Association and the Hongkong Trade Development Council wiU be located at Hongkong House in Sydney'sAFP - 174 words
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ASIA Notes
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79 1996-09-24 13 Reuter [TAIPEI] Japanese patrol ships yesterday repeUed five boats carrying Taiwan and Hongkong activists trying to land on a disputed East China Sea archipelago, reports from the flotilla said. State-run Taiwan Radio said two of the private boats "tried to force their way atReuter - 79 words
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43 1996-09-24 13 Reuter [CANBERRA] Australia and Indonesia yesterday signed an agreement aimed at boosting cooperation and information exchange between the two neighbours' finance industries. Australian Treasurer Peter CosteUo and visiting Indonesian Finance Minister Mar'ie Muhammad signed the agreement in Canberra.—RenterReuter - 43 words
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70 1996-09-24 13 AFP [NEW DELHI] The Indian capital is the world's fourth most polluted city with its 200,000-odd vehicles and thousands more factories spewing out 2,000 tonnes of fumes every day, a parliamentary report said yesterday. The report said 30 per cent of the city'sAFP - 70 words
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61 1996-09-24 13 AFP [NEW DELHI] Indian Prime Minister H D Deve Gowda is being urged to abolish the death penalty, newspapers reported yesterday. The National Bar Association has called on Mr Gowda to nominate a team of experts to consider the issue of banning the deathAFP - 61 words
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539 1996-09-24 13 Surinder Singh - SYDNEY Turnover in key markets has declined; business moving to Asian centres sack as S'pore, Hongkong By 1 Surinder Singh AUSTRALIA'S push to become a major financial centre in the Asian region has failed, according to a report by the Securities539 words
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Article369 1996-09-24 13 NEW DELHI Party to choose between Kesari and Antony following Rao's resignation AFP INDIA'S Congress (I) party was embroiled in a leadership crisis here yesterday after outgoing president P V Narasimha Rao quit in disgrace following a stormy five-year reign. The Congress Working Committee (CWC), whichAFP - 369 words
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360 1996-09-24 13 SYDNEY Underlying inflate set to fell within nil in ntii.n all OAL oqecuve 014-3* Bloomberg Business News AUSTRALIA'S Finance Minister John Fahey yesterday said the outlook for Australia's economy is "sound". Mr Fahey also said underlying inflation "seems set to fall withinBloomberg Business News - 360 words
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391 1996-09-24 13 Kevin Clarke - MELBOURNE By. Kevin Clarke A MELBOURNE entrepreneur has come up with a bright idea to make money and make the streets safer for women at the same time. Judy Balmforth has won the legal right to operate a women-only taxi service.391 words
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Page 13 Advertisements
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Advertisement402 1996-09-24 13 560 760 Uhraportable Powerful 365X/XD 365E/ED Valuable Affordable BflßHHivn 1 fl Because No matter who you are or where you are, there's a ThinkPad* designed just for you. Our range offers all the flexibility, power and portability you need plus features such as CD-ROM, Ultraßay™ and MPEG video. And with402 words
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THE WORLD
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Article, Illustration581 1996-09-24 14 MOSCOW President's doctors to meet tomorrow to decide on operation Bloomberg Business News RUSSIAN stocks, bonds and loans fell after reports about President Boris Yeltsin's deteriorating health raised concern about the country's leadership. Mr Yeltsin's doctors said he has a 50 per cent chance of survivingBloomberg Business News - 581 words
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278 1996-09-24 14 FRANKFURT Bloomberg Business News BUNDESBANK council member Reimut Jochimsen warned against Europe rushing into monetary union before its members have fulfilled the conditions needed to ensure the stability of a single currency. Mr Jochimsen said delaying monetary union was "neither a question ofBloomberg Business News - 278 words
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314 1996-09-24 14 LONDON Eurosceptics want PM to rale oat joining monetary onion Reuter BRITAIN'S ruling Conservatives have been plunged into bitter conflict once again over the European Union, with Finance Minister Kenneth Clarke under fire from rightwingers angry at his support of a single EU currency.Reuter - 314 words
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245 1996-09-24 14 KILLARNEY, Ireland AFP EUROPEAN agriculture ministers yesterday attacked Britain's decision to shelve a slaughter of up to 150,000 cattle at-risk of "mad cow" disease and ruled out any early moves to lift the worldwide export ban unless the cull goes ahead. TheAFP - 245 words
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Article394 1996-09-24 15 NEW YORK Rather than seek IMF loans, countries should try to restore investor confidence, says bank grouping ATT A GROUP of the world's largest banks is urging the world's governments and the IMF to stop using public money to help developing countries that fall intoATT - 394 words
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268 1996-09-24 15 CAIRO AFP MOST Egyptians would back a break in ties with Israel or even a war because of the "provocative" statements by right-wing Israeli Prime Minister Benjamin Netanyahu, the government daily Al-Akh-bar said yesterday. "Netanyahu's statements against Egypt have provoked many Egyptians and ifAFP - 268 words
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Article, Illustration161 1996-09-24 15 ATtfENS Reuter GREEK prime minister-elect Costas Simitis said yesterday he had received a mandate from President Costis Stephanopoulos to form a fouryear socialist government. "The president has given me the order to form a new government. I shall present the government within the next fewReuter; AFP - 161 words
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Page 14 Advertisements
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Advertisement1097 1996-09-24 14 I rish Banks pic (Incorporated in the Republic of Ireland with Limited Liability) Exchange Rale: IR£l -US$l.6OlB as at 31 December, 1995. I Consolidated Balance Sheet Consolidated Profit Loss I 31 December 1995 A porkimt r ACCOlint for the year ended I 1995 1994 31 December 1995 Restated ,R£m 19941,097 words
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Advertisement115 1996-09-24 14 The anchorage V B PORT STEPHENS AUSTRALIA ONE OF AUSTRALIA'S FINEST COASTAL RESORT HOTELS Superb Five Star Resort on Magnificent Waterfront Location 80 guest suites plus 90 berth marina D.A. for further 10 suites. Conference and leisure base with strong existing revenue streams. Highly profitable, with outstanding potential for rebranding,115 words
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Advertisement29 1996-09-24 14 For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.29 words
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Page 15 Advertisements
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Advertisement638 1996-09-24 15 Even the Kaiser of Germany had to wait a whole year If s always worth the wait for his Lange watch. i by Lange lm made a state to the The first Lange watch of modern times. It took «brought along a valuable gift I 1 four years to develop638 words
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Page 16 Advertisements
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Advertisement226 1996-09-24 16 I 4 WingTai Asia i{ I whole new look that will grow on you. Sfe.'H Wing Tai, the premium name in quality homes, will have growth and, being deeply rooted, it reflects our commitment to fittings and details from around the world. Homes that are better a brand new corporate226 words
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EDITORIAL & OPINION
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Article, Illustration721 1996-09-24 17 Ong Wee Hock - THE BOTTOM LOVE OPINION es/ Ong Wee Hock The writer was with the Economic Development Board for more than 15 years and was formerly general manager ofCSA Holdings OBSERVERS in Hongkong watching too intensely the countdown to the 1997 handover may be missing the economic721 words
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Article110 1996-09-24 17 'I'm well-paid. They don't pay me to lose money.' Roberto (Matte Coca-Cola Company chairman and chief executive, explaining his company's decision to invest in a USssoomillion (SS7OO million) venture in Venezuela. 'We're saving it for our old age.' -Gin-am a 104-year-old Japanese, about the money she and110 words
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Article630 1996-09-24 17 EDITORIAL THE real danger of the political crisis that now grips Thailand is that wrangling for the top job can so easily become an end in itself, distracting attention from the long-term need for political stability and economic consolidation This is not to deny that Thailand's630 words
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Article, Illustration1111 1996-09-24 17 Peter Lynch - Australian PM's foreign policy fumbles didn't help to win friends in the region By] Peter Lynch The writer is a Sydney-based journalist who contributes to BT IT WAS Australian Prime Minister John Howard's first regional state visit. One of his most senior officials called it aSource: - 1,111 words
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Article111 1996-09-24 17 David Lim - MAILBOX David Lim I REFER to your story on the free burger giveaway by McDonalds (BT, Sep 19) and the attribution that a healthy lifestyle was evidenced by the fact that 160,000 of the 300,000 given away so far were McChicken and Filet-O-Fish. In a College of Physical111 words
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Article734 1996-09-24 17 Tlm Bun's mooey-motmt&ini BEFORE Marxism died, we knew what to do about the su-per-rich. We could express envy, without shame. We could hit the fortunate few with high taxes...None of that would be acceptable now. Yet there are enough billionaires, measured in dollars, to form a734 words
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Page 17 Miscellaneous
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Miscellaneous42 1996-09-24 17 POOHESBURY By Garry Trudeau HeR£S UH£RS UJB STAND THIS m W \6OT A LOCK.THBReSA M MHBKB'S M&L.THATZ U/55K,5ir.... Ws I brow peficernoNthat w i mhatu/b Y\ ilva YOWRBAeeooPAeRB- L V wese U/ANTBPTO !UI BUOBP.TUB BAP News ~XL jJ _V> 04*5? TALKWWJ AOOUT^£-^42 words
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EXECUTIVE LIFESTYLE
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Article, Illustration569 1996-09-24 18 Dubbed sexiest man alive, the son of the late US president Kennedy marries girlfriend Carolyn Bessette in a private ceremony in Georgia on Saturday AFP PUBLISHER John Kennedy Jr, son of the late US president John F Kennedy, has married girlfriend Carolyn Bessette in a weekend ceremonyAFP; REUTERS - 569 words
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Article314 1996-09-24 18 PEOPLE Star best known for sultry role in Bob Hope Road films Reuter [LOS ANGELES] Actress Dorothy Lamour, best known for her role as the sultry, romantic sidekick in the string of Road movies starring Bob Hope and Bing Crosby, has died. She was 81Reuter - 314 words
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Page 18 Advertisements
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Advertisement181 1996-09-24 18 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service Efficient, customised and always Scala serves more than 14,000 Hb. 'JH r w up to date. That's what Scala does to f clients in over 90 countries, providing your business. Scala181 words
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Advertisement114 1996-09-24 18 We thought we'd let you Even the desserts are a truly decide for us. sensual and visual experience not Our executive chef, Toni to be missed. Robertson,calls it "Global Cuisine". So call The Third Floor on She describes it as "cuisine 434 8333 for your lunch or dinner unrestricted by114 words
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Page 18 Miscellaneous
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Miscellaneous192 1996-09-24 18 THE WEATHER Stng&porec Showers in the late morning and early afternoon. Temperature (31-25) AMldlß HVLo* OKI nmiji B/U* Oond. <1 ■■inn HVXo* Om£ Auckland 17/08 Cloudy An**Tdam 14/07 Cloudy AlUnti 24/18 Cloudy Bangkok 33/27 Cloudy Aflm 2*17 (My taeuonAiwn I*l* (My Bejta 24/13 (loudy Batn 21/08 Cloudy Chrngo 21/13 SWmm192 words
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Page 19 Advertisements
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Advertisement754 1996-09-24 19 SINGAPORE BUSINESS Where to wine, dine and entertain 0/ Christmas already?/ Mm i iffk N Met 2292 p^NOWlt^ imciiotl 165 Tanjonc Pagar road Singapore *****9 TEL 224 4488 TELEX US ***** AMara FAX 224 3910 /ufi& codec house PORRIDGE TREATS FOR SUPPER ADULT $11.00+++ CHILD $7.oo+++ Sunday to Friday 10.00pm754 words
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Advertisement114 1996-09-24 19 fesT Dian Xin Restaurant 1 At The Neptune on Shenton Way i Dian Xin/Lunch I! /r\ j 7TH FLOOR. OVERSEAS UNION HOUSt X/oldm Stiff C/Hoo/icaAed 26 August 27 September Each Golden Xin SpJ Mooncakes is handKS made with the best ]M| ingredients by our top JRP Hong Kong chef and114 words
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Page 19 Miscellaneous
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Miscellaneous747 1996-09-24 19 TV&RAPIO H-m AMSlastic. 10 JO Second Chance (Japanese LOO AM Earth Con- Drama). I'M The Winners. IL3O TV Innovations. UO Money, LM in Living Color. L3O AM XOO How to Succeed in Busi 2JS TheTracey UllmanShow. ness (r). 2.40 The Gossip Show. W*2JO TV Innovations. 3.05 12.00 3.00 The Wind747 words
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Miscellaneous154 1996-09-24 19 CRYPTIC CROSSWORD oc i? i 6 Having differences, compel- TEBTEBDATS SOLUTION 2SNou9ethusasaplayer-un ingatoutarun^ able to recognise the pitch 7 Not a busy series of months, X: by a very long way (5-4) ff g ff'ff°HjH w K8 t l&l w l 26 Sl t n l^ e lf Comforta^ ln154 words
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CYCLE & CARRIAGE GOLF PAGE
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Article, Illustration2267 1996-09-24 20 NICKLAUS D'CRUZ - The Bogor course is breathtaking, challenging, tough, tantalising, motivating one which needs superlatives to describe, says mickuus D'CRUZ NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review. This review andfurther information about golfing in Asia are available on the Internet at the BT Asian2,267 words
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Page 20 Advertisements
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Advertisement132 1996-09-24 20 1 w W j It Isn't difficult to see why Mercedes-Benz is the most popular marque in Singapore. Because regardless of the age of the car, there's no mistaking a "1 Mercedes-Benz for any other. Its timeless design defies every whim of fashion. That's why a Mercedes-Benz will IC4.U k3132 words
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COMPANIES & MARKETS
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448 1996-09-24 21 Agnes Wee - Microlite Electric unit to move vehicle electrical devices production to Pndong By. Agnes Wee [SINGAPORE] Amtek Engineering yesterday reported a 47 per cent rise in group net earnings to $21.6 million for the year ended June 30,19%. The company also448 words
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Article255 1996-09-24 21 Abdul Hadhi - Turnaround in first half helped by sale of factory units By. Abdul Hadhi [SINGAPORE] Hong Fok Corp which owns commercial buildings yesterday reported group interim net earnings of $9.12 million, largely due to the sale of some factory units. The amount for the first255 words
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Article238 1996-09-24 21 Turnover increased 22% over previous year to $22.6 m [SINGAPORE] Lum Chang subsidiary, LC Development, yesterday posted a 162 per cent jump in group net profit to $3.1 million for the year ended June 30. This was on a turnover of $22.6 million, which was238 words
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781 1996-09-24 21 Christopher Tan - HOCK LOCK SIEW Christopher Tan THE casual observer would be forgiven for wondering if SBS is trying to turn itself into another Cycle Carriage a wheelsbased company growing roots in piling. But going by its interim results, SBS781 words
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Article, Illustration224 1996-09-24 21 R Sivanithy - By\ R Sivanithy [SINGAPORE] Goldtron chairman Ong Soon Kiat yesterday said he had reduced his stake in the telecommunications firm to 19.12 per cent from 23.9 per cent. He sold 18.2 million shares at 90 cents apiece. The block deal, which hit the boardFILE PHOTO - 224 words
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301 1996-09-24 21 Teh Hooi Ling - Teh Hooi Ling [SINGAPOREI Singapore Telecom, Singapore Cable Vision (SCV) and a subsidiary of the Telecommunication Authority of Singapore (TAS) have teamed up to develop and construct a core network that can deliver multimedia services to all homes301 words
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213 1996-09-24 21 (SINGAPORE) Rotary Engineering yesterday posted sharply higher interim group net earnings, which grew nearly five-fold to $3.28 million from $672,000 in the first six months of last year. However, a $666,000 loss from an associate company depressed profit attributable to shareholders213 words
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SINGAPORE/ MALAYSIAN COMPANIES
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286 1996-09-24 22 Better refining margins help posh profit up to Ms66m Bernama [KUALA LUMPUR] Backed by improved industry refining margins, Shell Refining Company (FOM) has gained a pretax operating profit of MJ66.34 million (5537.3 million) for the six months ended June 30, 19%, o.ver three timesBernama - 286 words
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168 1996-09-24 22 Reuter [KUALA LUMPUR] Esso Malaysia Bhd said yesterday that a 23 per cent rise in six-month revenue to Msl.ol billion (***** million) reflected a record sales volume of 82,000 barrels per day. In a statement releasing its earnings for the firstReuter - 168 words
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Article, Illustration60 1996-09-24 22 [KUALA LUMPUR] Malaysian Primary Industries Minister Lim Keng Yaik inspecting the KDL-5 Modular laboratory short path distillation system after he launched the Palm Oil Congress here yesterday. Mr Lim said Malaysia's output of crude palm oil is expected to reach B.Bmillion tonnes by the year 2000AFP - 60 words
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Article206 1996-09-24 22 [SINGAPORE] Newly listed switchgear manufacturer SMB United Ltd made a disappointing trading debut yesterday, closing at 30 cents, one cent above its IPO offer price of 29 cents. About 16.8 million shares changed hands during the day, making it the second most heavily-traded206 words
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COMPAMY Briefs
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Article54 1996-09-24 22 [SINGAPORE] Hotel Grand Central yesterday reported a 48 per cent drop in group net profits to 13.3 million for the half year ended June 30. It said this was due to renovation works which interrupted operations, plus high gearing and amortisation of capitalised assets. No54 words
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78 1996-09-24 22 [SINGAPORE] Wing Tai Holdings has acquired 500,000 shares of Msl each at par in its associate company DNP Holdings Bhd for M 5877,370 (*****,000). This represents 0.16 per cent of the issued share capital of Kuala Lumpur-listed DNP. Wing Tai also said its78 words
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Article31 1996-09-24 22 [SINGAPORE] Hotel Properties Ltd's 75 per cent-owned subsidiary, HPL-21 Holdings (owned through HPL Leisure Holdings), has formed a new company, HPL-21 Japan Kabushiki Kaisha (HPL-21 Japan).31 words
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Article31 1996-09-24 22 [SINGAPORE] Sembawang Maritime Ltd (SML) said yesterday its shareholders will receive a circular by Oct 5 with advice on Sembawang Corp's voluntary conditional takeover offer for SML.31 words
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Article94 1996-09-24 22 {SINGAPORE] Cam International said yesterday, in a reply to the SES, that its earlier announcement of the share sale of its Penang subsidiary to two parties will not have any material impact on FY96 ending Sep 30. This is because the financial year is94 words
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Article31 1996-09-24 22 [SINGAPORE] Overseas Union Trust said its extraordinary general meeting yesterday passed resolutions to increase its authorised share capital, bonus issue, renounceable rights issue and unsecured bonds.31 words
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Article33 1996-09-24 22 AFP [KUALA LUMPUR] Malaysia will soon have a separate Islamic index for listed companies engaged in activities allowed by Islam, Deputy Finance Minister Affifuddin Omar said yesterday. —AFPAFP - 33 words
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REGIONAL COMPANIES
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Article476 1996-09-24 23 S N Vasuki - baflimgupa significant stake buyer is hard to identify: analysts From\ S N Vasuki m Jakarta SHARES of PT Astra International, Indonesia's largest automobile manufacturer, posted hefty gains yesterday on renewed market talk that a major takeover bid was in the works. Analysts said476 words
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314 1996-09-24 23 Reuter [JAKARTA] The Lippo group expects Hongkong to remain as its international base outside Indonesia and is comfortable with the prospect of the colony's reversion to China next year, Lippo deputy chairman James Riady said yesterday. A company expanding outside Indonesia needsReuter - 314 words
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256 1996-09-24 23 Bloomberg Business News [MANILA] San Miguel Corp, the Philippines' largest brewer, said it would close an eight year-old bottling plant south of Manila to cut costs. The company said it no longer needed to run the Canlubang bottling facility in Calamba,Bloomberg Business News - 256 words
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Article, Illustration490 1996-09-24 24 Quak Hiang Whai - ®«t tawar advertising *■4 high newsprint Prices see operating profit falling 13% From rr Quak Hiang Whai Mffonglcong ROBERT Kuok's South China M»rning Post (Holdings) (SCMP) has registered lower operating profit for its last financial year but the HongkongFILE PHOTO - 490 words
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411 1996-09-24 24 Bloomberg Business News {SYDNEY] Colly Cotton Ltd, Australia's largest cotton producer, is being sold to the publ&tn a sale that will capitalise the Company at AIIO7 million (S#lls million). Commonwealth Funds Management, which is the trustee, is restructuring theBloomberg Business News - 411 words
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347 1996-09-24 24 Bloomberg Business News [PERTH] British-based Premier Oil pic said it will make a cash bid for all of the shares in Australia's Discovery Petroleum. Premier said the bid will be made at 70 A cents a share, valuing Discovery at A|9lBloomberg Business News - 347 words
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318 1996-09-24 24 Company is already one of top 10 PC makers in Japan FT [TOKYO] Fujitsu, the Japanese electronics group, is aiming to become one of the top three personal computer suppliers in the world by the end ofFT - 318 words
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412 1996-09-24 24 Bloomberg Business News [MELBOURNE] The Australian Shareholders' Association said it will take the directors of The Broken Hill Proprietary Co Ltd (BHP) to task over the company's performance at today's annual shareholders' meeting in Sydney. BHP is Australia's largest natural resources company. ItBloomberg Business News - 412 words
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451 1996-09-24 24 Gams firm will pomp USs3oom into plant FT [LONDON] BASF, the German chemicals company, is to invest several billion deutschemarks in giant chemical complexes in Malaysia and India modelled on the company town of Ludwigshafen, which lies at theFT - 451 words
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262 1996-09-24 24 Bloomberg Business News [BRISBANE] Australia's MIM Holdings Ltd said it will sell most of its oil and gas business to Australian gas producer Santos Ltd for A 545.1 million (5150.26 million). The sale includes a 20 per cent interestBloomberg Business News - 262 words
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INTERNATIONAL COMPANIES
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GLOBAL Briefs
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76 1996-09-24 25 Bloomberg Business News [PARIS] PSA Peugeot Citroen, France's biggest carmaker, said first-half net profit was halved by strong price competition, slow economic growth, and the franc's weakness against other European currencies. Net profit was 602 million French francs (***** million), down from 1-22 billion francsBloomberg Business News - 76 words
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48 1996-09-24 25 Reuter [SYDNEY] News Ltd, the Australian unit of News Corp Ltd, said it has appointed Lachlan Murdoch as its managing director. Mr Murdoch, the son of Rupert Murdoch, joined News Ltd in 1994 as general manager of Queensland Newspapers. RenterReuter - 48 words
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Article64 1996-09-24 25 Bloomberg Business News [HONGKONG] Matrix Holdings Ltd, a Hongkong-based gift and novelty manufacturer, said net profit quadrupled in the first six months as sales grew. A change of financial year-end also helped. Profit for the period ended June 30 rose to HK14.11 million (*****,431), from HK11.04Bloomberg Business News - 64 words
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67 1996-09-24 25 Bloomberg Business News [SEOUL] The LG group will invest 1.533 trillion won (552.6 billion) over the next eight years to build plants in South Korea to produce electronic appliances, metals and apparels. LG signed an agreement with the Ministry of Construction andBloomberg Business News - 67 words
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Article, Illustration327 1996-09-24 25 Bloomberg Business News (LONDON] Inchcape pic, a UK car distribution and marketing company, said first-half pre-tax profit before extraordinary items fell one per cent and confirmed it is "on track" to divest its testing services and insurance businesses. Inchcape is poisedBloomberg Business News - 327 words
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300 1996-09-24 25 Group's venture with Ladbreke beasts its financial muscle [HONGKONG] Hilton Hotels Corp said it sees opportunities to expand its hotel and gaming businesses in the Asia-Pacific region following its recent reorganisation. "An important avenue of growth for us will be growth in the hotel300 words
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433 1996-09-24 25 GTE of the US among companies planning to buy 61% stake in publishing division Seat FT [MILAN] Some 20 international telecoms and publishing groups are lining up to buy the Italian government's stake in Seat, the publishing division of Stet, theFT - 433 words
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189 1996-09-24 25 FT [LOS ANGELES] Raytheon, the US electronics and engineering group, has blamed the White House for an unexpected decision to cut a further 600 jobs from its defence manufacturing workforce. "We are not downsizing, we are being downsized," William Swanson, general manager ofFT - 189 words
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453 1996-09-24 25 Mm part of debt redaction scheme; group ha* debt-equity ratio of 61% FT [PARIS] Alcatel Alsthom, the French telecommunications and engineering group, is launching a drive to cut working capital. The initiative is designed to help Alcatel's debt reduction programme. It had netFT - 453 words
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FINANCE & COMMODITIES
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Article, Illustration504 1996-09-24 26 Shiv Taneja - Abtrust Sfagipore Growth Fund launched to invest in local tranches By\ Shiv Taneja (SINGAPORE] There is great value in Singapore stocks, especially in the Big Four banks and companies like Singapore Airlines and Singapore Press Holdings, fluid manager Hugh Young saidARTHUR LEE - 504 words
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332 1996-09-24 26 Treasnry expects such securities to stimulate savings and reduce cost of capital Bloomberg Business News [WASHINGTON] President Bill Clinton will unveil the US Treasury's final plans for in-flation-indexed securities at a campaign appearance tomorrow in Pittsburgh, administration officials said on Sunday. They declinedBloomberg Business News - 332 words
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278 1996-09-24 26 Reuter [SINGAPORE] Rubber prices in South-east Asia will continue to languish in the doldrums because of poor demand and ample supplies, traders said yesterday. "I see the continuation of the bear market," a senior dealer at a Western commodity trading company in Singapore toldReuter - 278 words
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416 1996-09-24 26 Gordon Wu nnit keen on the steaming coal, says broker Reuter [BRISBANE] The power generation division of Hongkong billionaire Gordon Wu was behind the 70 cent per share takeover bid for Allied Queensland Coalfields Ltd by Singapore-based Marsford Investments Pte Ltd, advising stockbrokerReuter - 416 words
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309 1996-09-24 26 NYT (NEW YORK] After a brush with near financial ruin this summer, Lloyd's of London, the world's oldest insurance organisation, is painting a picture of renewed financial strength, and representatives are making an earnest pitch for new business in a tourNYT - 309 words
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Article245 1996-09-24 26 SiKEXßeport Reuter [SINGAPORE] Interest rate futures on Simex were inert for most of yesterday's session as a holiday in Japan and caution ahead of the Federal Reserve's policy-setting meeting severely hampered activity, brokers said. "There's nothing to be said about any of the markets. It's unchangedReuter - 245 words
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Article172 1996-09-24 26 Reuter AFP THE dollar was lower in European trading, dragged down by squaring of long positions and a sharp fall of stocks in early US trade, dealers said. Selling pressure on the dollar was exacerbated by thin trading and the wait-and-see attitude many players adopted ahead of theReuter; AFP - 172 words
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327 1996-09-24 26 ENERGY REPORT Reuter [LONDON] Diesel oil users throughout the European Union are paying the price of a recent escalation in Middle East tension and the higher costs of producing a new grade of "greener" fuel, industry sources said yesterday. The retailReuter - 327 words
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Article, Illustration1309 1996-09-24 26 IMTBEBAMK CE08S EATB8 sep23 Q ICU fir Om m Mi»9»M» V m MONfcfc P—a K 8w4 Sfr MT< 9* Hm* m Awtrah 1082 6.171 0431 4364 1201 1121 ***** *354 0 870 6.501 19*1 *****.325 20.778 1115 3.572 1981 ***** 20.093 1S» 1792 0.5M 3.756 1*0 5J55 ***** 16.956 0.8031,309 words
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Article1398 1996-09-24 27 mtukBS Sep23 sS&sesss"** I— 9rtt ft—m *mmX J** moo *75 2* *2.50 75 *50 *3.75 *175 *4.00 2850 W*5 MU5 **50 **00 225 7725 fig?'J *150 1750 «»W HMO *150 *9.90 *0 wuarnttCTMMtf** vmm opn Mw<> *|> In htt *—m» Wwit 6175 1240 090 127JO K7J0 127.25 5101,398 words
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Article1924 1996-09-24 27 *mo gg, A.A.CHPA* 56V4 ttWl 173 -12 Akhey Nation* 812 -10 MM Pomoca 455 -7 Amec 104*400 unch AsdaGroup 104 *400 •ATM 455.400 -7 "CC 301 -3*400 BOCGraup- *71 -3*400 M Petroleum 634.400 -MOO fcT* 267 -15*400 Bank at Scotland 250 -4*400 Barclays 939.400 -7 Baas_____ .7771,924 words
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Article, Illustration653 1996-09-24 28 AFP WOwnptritaMai +LlB SHARE prices closed 0.2 per cent higher yesterday as the bourse recovered from earlier lows on late buying of Astra. "People are basically all looking at the FOMC (Federal Open Market Committee) tomorrow but the players in this market only had eyes on Astra," said oneAFP - 653 words
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Article, Illustration1598 1996-09-24 28 Reuter QHangScng +2>.77 STOCKS encjpd firmer yesterday, after the Hang Seng index hi|t a new 1996 intra-day high, wjth investors hoping that if the Federal Reserve raises interest rates this week, it will only be a small hike. J "There seem to be no concerns over the FOMC (FederalReuter - 1,598 words
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Article, Illustration601 1996-09-24 28 Reuter C 3 Shanghai B Share Index -029 SHANGHAI B shares eased yesterday after the authorities banned domestic investors from buying new B shares, but brokers said the news had largely been digested thanks to recent rumours. However, they said that the news hurt market sentiment because most tradingReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 601 words
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Article372 1996-09-24 28 AFP QWP Index -3111 SHARE prices finished 0.6 per cent lower yesterday as investors sought to take profit in a holiday-shortened week. "Most investors sought to sell stocks ahead of long holidays," said Steven Ou of Jen Hsin Securities Co Ltd. The TSE Weighted Price Index declined 36.11 pointsAFP - 372 words
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Article, Illustration814 1996-09-24 28 AFP P SET fate -ILBI SHARE prices fell 1.1 per cent yesterday as opening gains on the news of the prime minister's impending resignation gave way to profit-taking amid concerns that his replacement may come from within the coalition government. "In the early morning, investors bought on the basisAFP - 814 words
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Article328 1996-09-24 28 AFP HmmH» +132 SHARE prices closed higher yesterday in cautious trading. "Investors are buying selected second liners and speculative issues," said a trader. The Composite Index rose 2.32 points to 3,244.54. Turnover was 25.596 billion shares worth 2.531 billion pesos. Trading was sluggish due to concerns over an impendingAFP - 328 words
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Article390 1996-09-24 28 AFP QjOaqMotebiex +4L83 SHARE prices rose slightly yesterday after profit-taking erased almost all early gains in unsettled trade ahead of Chusok holidays, the Korean version of Thanksgiving. "Amid the lack of fresh news, blue chips and financial favoured by foreigners fared well, as the market looked forward to theAFP - 390 words
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Article589 1996-09-24 28 AFP QlHOriiMriM -2U A SLUMP in the resource sector coupled with weak base metal prices helped force down share prices yesterday. "Once again resources were hardest hit," a broker said. "This was combined with a downward fall in copper prices over the weekend and a weaker gold price." TheAFP - 589 words
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Article256 1996-09-24 28 Bloomberg Business News QWeflington SM SHARES declined yesterday as newspaper publisher Wilson Horton Ltd shed its dividend. The NZSE Top 40-share Index fell 5.09 points to 2,233.79. Bloomberg Busi —a m *t- mm AMZ Banking 7JB0 a05 4866 Atfvantaqat HMgi L32 -0.03 ***** Ak Now Zaatand (A) 3.09 -0.01Bloomberg Business News - 256 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration7254 1996-09-24 29 11I1111U11 ill U1C 9LA U1UI1U15 ended June 30. AFX Asia, Bloomberg Business News Q Composite Index -4.09 SHARE prices eased slightly yesterday, led by Tenaga Nasional, after the release of July trade figures which showed a deficit of M 5624.5 million (***** million), compared with11I1111U11 ill U1C 9LA U1UI1U15 ended June 30. — AFX Asia, Bloomberg Business News - 7,254 words
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WARRANTS & OPTIONS
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3547 1996-09-24 30 R Sivanithy - WARRANT WATCH By] R Sivanithy ONE of the hottest stocks in Malaysia at the moment is duty-free firm Sriwani Holdings, which despite being on the main board, has kept pace with Second Board counters. The company also has warrants in issue,3,547 words
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Article1948 1996-09-24 30 mum* Or Sr iMt Ml Day LMtOaa** Mr Mr VM M DC* l» 88— C*M>—y 8M* POOP8 W» laar »a8ar CV W ImB 310 MSSOOOAWSOr 40* -6 7 48 403 400 408 5.0 4.9 OA 84.9 4*5 H9 84 at 5001 AMDS 50c 83 cd *2 253 1031,948 words
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STOCK EXCHANGE OF SINGAPORE
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Article1037 1996-09-24 31 TURNOVER TOM) VALUE COOO) cm r>m Ot T»«I »H—«H« 42.4S7 7,903 50,440 73.949 15,397 9»,234 rimne* 1044 2.450 5,719 304N 7,345 34.042 V424 228 1.952 4,030 4*4 4,454 EnwrMw 5J43 5051 KU44 23.942 7,473 3X345 WMtten 5*0 5*0 1.442 1.442 MMf 334 334 «7 *7 M.* 3.130 AJS30 7,640 U731,037 words
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Article4526 1996-09-24 31 at or mm 1996 LMt Val Day Laat Owt* Otv Dtv VM Mt Cm A«« I—i L— Wfc 81a COOO> Mgl» L— Buyac «—ar Cw Pft Wo MOUSTKIALS 5146 ASENT$10 200 US- 214 165 1250 ActrSOc US176 175 180 5.0N 7.5 1.0 10.9 291.4 494 308 m t4,526 words
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Article918 1996-09-24 31 Or Or M wt im LMt Va6 Day Lact OmM Mv M« YM Nat Cm *«1 H68» L— 8tWa C«m»any iata COOP) Law hiytr Sa8af C'vr P/E Sank Prtca SCSMQ 289 OS a 2000 ABftHMosSC 164 -1 30 IM 163 163 164 3.0 M.2 0.1 102.5 72.9 166 90918 words
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Article, Illustration64 1996-09-24 32 Paul Leo - Paul Leo PROVISIONS SUPPLIERS CORP has been trading between 82 and 96 cents since late last year and wiu continue to do so. Yesterday's s.scentfall to 85 cents was accompanied by a volume 0f21,000 shares -14 per cent of the lOday average of 152,696 units. Daily Relative Strength64 words
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Article, Illustration872 1996-09-24 32 R Sivanithy - STOCK MARKET COMMENTARY Bulk of selling believed to have originated from US clients; meanwhile, KL's Second Board continues to steal the limelight By R Sivanithy [SINGAPORE] Share prices here weakened considerably yesterday, with the Kuala Lumpur Stock Exchange's Second Board grabbing, once again,872 words
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ON THE GRAPEVINE
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Article64 1996-09-24 32 AT THE launch of Scottish fund manager Abtrust Singapore's first unit trust here, bagpipers were out in force—a nice little touch to what could otherwise become very boring press conferences. The pity was, at one stage, the bagpipers seemed to have got a second wind and64 words
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Article83 1996-09-24 32 ALTHOUGH Malaysia's national oil company, Petronas, has yet to officially award a mandate for its proposed US$5OO million (SS7OS million) financing, bankers believe CS First Boston is the front-runner to secure the mandate. Euro week reported that roadshows organised by the US investment bank are believed to83 words
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Article37 1996-09-24 32 ONE of our journalists received a receipt from Hertz which carried this address: Singapore. Seychelles Island. We can only hope that the route directions that Hertz gives along with its rental cars are little more informed.37 words
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Article82 1996-09-24 32 A READER, sounding really angry, called yesterday to complain that the only consolation for Singaporeans who put up with poor and shoddy service without a murmur is that "the meek will inherit the earth": In case you don't get it, he was being sarcastic. He was82 words
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Article128 1996-09-24 32 CHASE MANHATTAN arranged 52 syndicated loans in Asia from Jan 1 to Sep 12 with a total value of US$3.B6 trillion (555.44 trillion), making the American bank a top arranger of Asia market loans in terms of value. If you wonder what market share this gave Chase, Euroweek128 words
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Article128 1996-09-24 32 STOCKMARKET historian David Schwartz has data to suggest that UK stockmarket pundits had better be cautious. Historically, in a bull market, the run-ups occurred 61 per cent of the time in the month of September. But since 1972, September has suffered five declines in bear128 words
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Page 21 Advertisements
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Advertisement167 1996-09-24 21 Ra@| Jk A Ik BEjj jj EJ js wrLz*B*i Jk fppgsar the boundaries of communication wortdwtdt fiSBBBM What you need fUI productivity, enhances communications and ct n today's fiercely reduces operating costs. competitive corporate I pjP'[^| i |-XB Take a kx>k at some of its features: LJ wor 'd s167 words
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Page 22 Advertisements
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Advertisement239 1996-09-24 22 i This announcement appears as a matter of record only ASEAN SUPREME FUND LTD 4 (a company incorporated with limited liability under the laws of Singapore) I Issue of 10,000,000 Redeemable Preference Shares of US$O.Ol each in the capital of the Fund at the price of US$lO for each Share239 words
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Advertisement121 1996-09-24 22 7 > This announcement appears as a matter of record only UNION ASIA FINANCE PUBLIC COMPANY LIMITED U5540,000,000 TERM LOAN FACILITY Arrangers OvtrMOi Union Bank Limited WestLß Asia Pacific Limited Co-Arrangers Credit Lyonnais Industrial Bank off Korea, Singapore Branch Managers Bank off Bahrain and Kuwait B.S.C. Landesbank Rhoinland-Pfalz Glrozontralo P.T.121 words
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Page 23 Advertisements
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Advertisement150 1996-09-24 23 Tung Centre 745 sf 3,160 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf 174 Paya Lebar Road Short term lease Built-up area: 14,477.58 sf O First Capital Property Management Pte Ltd sa: r (A aaoMber Flnt Capital Corporation Graop) TO:150 words
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Advertisement292 1996-09-24 23 do you I| I I Protect *4 I I gfMfi I H 'Global Risk' from AXA Sime H insurance that goes where your business grows H New dimensions in risk protection You can rely on AXA Sime j Having established our name among small and medium there for you. ;jj;292 words
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Page 24 Advertisements
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Advertisement152 1996-09-24 24 Luxury in Penang for just S$ 150 a night. Now you can stay in Penang's most convenient business location for much less than you imagined. At Shangri-La, during our promotional period, a deluxe room costs just Sslso. And you enjoy inter-signing privileges at Shangri-La's other properties in Penang: the Rasa152 words
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Advertisement97 1996-09-24 25 Sfak*,o«^|o<CE PAMPER YOURSEIF CHOOS6 RUF 5£D o* you* CHOICE WITH HIK HATCH P©K«®.XTX€S A $300 StUDiO UNE voucher Will kC $iVCN AWAY w»w EVERY PURCHASE or RUF %SD (rw>noT«>.»s»iDi3l OCTO«R rmj i»SC)URwAVorSAViHS V PROJECT CONPRAO PtusONE OAHDARD Ri>F >>Ct> ton fVERY $***** mORM PROJECP CDNPRACP (vaud PIU JI D€CEtl߀k Hl4)97 words
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Advertisement103 1996-09-24 25 3 ngiussl ci 2 r u L L».» j VmiOli -ul i.-iefcO-J <11 AM YOU INTERESTED IN TRAINING a SIMULATION SO, YOU SHOULD SECOND TRAINING A EXHIBITION IN ASIA Tim only cotlwd coirfsr—ca md eaMMM— hi Aria Now in their eighth year, (TEC Conference prngrmmmt wttk the latent Mens on103 words
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Advertisement156 1996-09-24 27 TOKYO ♦The Tokyo «took mrlwt wm» do«ed ycrtocday. d*V f l— HBTji o Handle the I Dal* of Birth: Sox I Z_ mm Benefit from this intensive three-month Internet 77 p CJCF P f °g famme b v S* 111 Fernandez J 1 1 IhV School/krwMulian: Lj *IPTB Get tips156 words
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Page 28 Advertisements
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Advertisement102 1996-09-24 28 Save up to 4hrs to the USA via our Detroit hub. The best way to enjoy extra time on the ground in the Eastern USA is to fly Northwest. For instance, we'll save you almost an hour to New York and Chicago, shrs to Minneapolis, 4hrs "■•/toßftjH to etro t102 words
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Page 29 Advertisements
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Advertisement195 1996-09-24 29 y Here's An Opportunity To Enhance Your Corporate Presence For booing* contact (11 I■ I To launch the Singapore Regional Index, a Special Feature will be published with The Straits William Tan 740 1628 111 111 Times, The Business Times and Lianhe Zaobao on 16 October 1996. R Subraman am195 words
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Page 30 Advertisements
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Advertisement189 1996-09-24 30 //sj I i j/wm£ LIS' Singapore Handicrafts presents the splendour of the majestic rosewood. inspired UV H MB! Discover the unique charm and beauty of classic rosewood furniture from Singapore Handicrafts Singapore's k leading rosewood specialist. A rosewood masterpiece with its refined lines and exact proportions will add a m189 words
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Page 31 Advertisements
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Advertisement59 1996-09-24 31 Op p LIMITED SERIES OF HAND-MADE WELTED SHOES USES FINE FRENCH CALF LEATHER AND TRADITIONAL CRAFTS-HAND-MADE BY BALLY MANSHIP 200 WORK PROCESSES ON SPECIAL LASTS GIVE A SHOE OF EXCEPTIONAL COM FORT AN D LI FE EXPECTANCY FITTED WITH BEECH WOOD SHOE TREES 1 2-MONTH WARRANTY COM PLETE OVERHAUL WITH59 words
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Advertisement133 1996-09-24 31 To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 months 6 months 3 months at S $60.00 at 5540.00133 words
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Page 32 Advertisements
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Advertisement359 1996-09-24 32 BUSINESS Notices I() \D\I KIISI \I I KH.I.-I Ri: i: IS 00-74 I ISS 3 I ■PW IM—— >11 111 111 i^——> W 111 I ST Capital Limited (Incorporated in the Republic ot Singapore) a member of Singapore Technologies NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an359 words
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Advertisement352 1996-09-24 32 In the Matter of The Com pan im Act. Cap.so and In lha Mailer ot KM PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General MaaMnj ot tfw abovanamed Company duly convanad and held at 2 Hava4ock Road, #0707 Apoflo Centre, Singapore *****3 on Monday, the 23rd ov dvpttii352 words
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Advertisement251 1996-09-24 32 In the Matter of The Companies Act, Cap.so and In the Matter of SJ INVESTMENT PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of tie abovenamed Company duly convened and held at 1 Hevekx* Road, #0707 Apollo Centoe, *****3 on Monday, the 23rd day of September, IMC251 words
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Advertisement285 1996-09-24 32 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF VINTEL MARKETING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary Qanaral Maatiny of the members of VMel Marketing Pte Ltd held at 8 Robmaon Road #08-00, Coeco BuMng. Singepore *****4 on285 words
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Advertisement105 1996-09-24 32 JACK CHIA-MPH LIMITED (Incorporated in ttw Republic of Singapore) LOST CERTIFICATES Notice it hereby given that certificates numbered *****8/49 covering 1.000 shares each in the name of Low Cher Kiah, deceased have been reported lost Notice also hereby given that the original certificates wiM be deemed duty canceled and void105 words
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Advertisement191 1996-09-24 32 For Home or Office deliveries of: The Straits Times, The Sunday Times, The Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min Daily News, LianHe Wanßao call our Hotline 1000-749-2577. WThe Business Times A bold new iori and a fresh approach tod* news and views Fastrr w«h ihe news,191 words
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Advertisement290 1996-09-24 32 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF KUMtAJ INTERNATIONAL SHIPPING (PTE) LTD On Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS (Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company deemed to be held on the 19 September 1996, the following resolutions290 words
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SHIPPING TIMES
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Article306 1996-09-24 33 Bridge News Reuter IT WAS an extremely dull end to a slow week on the freight market with the outlook essentially gloomy for the next few months, brokers said. The Baltic Freight Index dropped to 1,001, close to breaking the "psychological" 1,000 barrier. The direction of futures tradingBridge News; Reuter - 306 words
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Article297 1996-09-24 33 SES '000 'orrotitrttutton Ltl unch 35 Chuon Hup 0.975 unch 94 "Cosco Mvottmont _.UO -CM S «LS 7.05 *0.05 16 frttaMumu an -0.01 CBHoldinga 0.925 -0.013 10 Hoi Sun Hup 0.99 -O.OOS 1*9 Hitachi Zojon 0.825 -0.01 33 IMC Hotdtags HK5.60 < «lay o Holding* 1.04 -0.01 3297 words
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386 1996-09-24 33 Rahita Elias - mTERMODAL ASIA '96 Medium-sized lines more likely to merge than shipping giants, conference told By. Rahita Elias [SINGAPORE] More mergers between shipping lines are likely to take place in the wake of the merger of Nedlloyd Lines' and Peninsular and Oriental Steam Navigation Company's container386 words
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263 1996-09-24 33 Felix Chan - Australia's Crib Point to build 500-tonne vessel for S'pore ferry operator By: Felix Chan [SINGAPORE] One of Singapore's biggest ferry operators, Penguin Boat Services, has awarded a contract to build South-east Asia's largest marine straddle carrier to an Australian engineering company. Melbourne-based Crib263 words
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Article, Illustration201 1996-09-24 33 Felix Chan - By\ Felix Chan [SINGAPORE] Two Singaporeans were among the 160 trainees aboard the German sailing school ship SSS Gorch Fock, which made its maiden call at Singapore yesterday. The two cadets, Leon Chua Kee Thye, 22, and Quek Soon Leong, 20, are attachedCHRIS LOH - 201 words
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201 1996-09-24 33 AFP [ADELAIDE] Australia has won a contract to build three patrol boats for the Royal Thai Navy in a joint venture with a company in Thailand, the shipbuilders announced here yesterday. The 30-metre boats will be built by the Australian Submarine CorporationAFP - 201 words
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85 1996-09-24 33 Reuter [CANBERRA] Australian Transport Minister John Sharp said yesterday union bans against Indonesian ships would harm Australia's trading interests and threaten jobs. "The Maritime Union of Australia has again embarked on a course which is harming our trading reputation overseas and threateningReuter - 85 words
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PORT Shots
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75 1996-09-24 33 Reuter [MANILA] The Philippines' Board of Investment has approved a 450 million peso (5524.1 million) expansion project by Kepphil Shipyard Inc. according to documents released yesterday. The expansion involves the construction of a graving dock with room for vessels of up to 40,000 deadweight tonnes (dwt)Reuter - 75 words
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56 1996-09-24 33 Reuter [OTTAWA) Canadian Transport Minister David Anderson has introduced amending legislation that will double the potential liability for oil spills. "The amendments introduced will substantially raise a shipowner's liability in the event of an oil spill or other maritime incident," Mr Anderson said inReuter - 56 words
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66 1996-09-24 33 [TOKYO] Kawasaki Kisen has established a joint venture in the Indonesian capital of Jakarta with a local coastal shipping operator. Previously, Kawasaki had operated as an agent and freight collector in Indonesia, but with that country's relaxation of regulations on foreign investment and because66 words
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Article155 1996-09-24 33 AFP [MANILA] A subsidiary of Hongkong's Hutchison Whampoa Ltd won its bid to develop a container terminal at the Philippines' Subic Freeport following a re-evaluation, authorities said yesterday. The re-evaluation, carried out on the orders of President Fidel Ramos, confirmed that Hutchison Ports Philippines Ltd (HPPL)AFP - 155 words
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Article, Illustration949 1996-09-24 34 Alec Almazan - WORLD SEAFARING: STRICT STANDARDS SET The IMO has revised the Standards of Training, Certification and Watchkeeping convention, requiring training institutions to pass strict quality controls and a country's maritime administrations to pass muster too By. Alec Almazan in Manila Government agencies in Manila are going949 words
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312 1996-09-24 34 PACE EES 17 Ml B EWoP«» '0 Ae«ocean 17 ANL 7 Evergreen 10 Abie 17 8 Famous 11 Accord 16 Feedertrans 11 Ahrenkiel 8 Fl-Bright II Appenship 8 FoongSun 16 Astro 7 FroU 16 Austral 15 Frt World 11 A«ant K) Lin 16312 words
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OSEA96/ RLPASIA96
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Article, Illustration394 1996-09-24 35 Osea96 and RLPAsia96 will showcase products and services from over 1,300 international suppliers and manufacturers. The 11 th Offshore Southeast Asia conference and exhibition (Osea96) and the third Asian Internationa] Refining, LNG and Petrochemical technology exhibition and conference (RLPAsia96) will be opened today by394 words
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Article, Illustration1216 1996-09-24 36 Dr Aung Khin - Dr Aung Khin best used. Dr Aung Khin is a petroleum consultant who is based here. Continued from Page I Malaysia has awarded six deepwater blocks SK-A, B, C, D, E and SB-G covering 27,685 sq km in the South China Sea to Mobil (four blocks) and Shell1,216 words
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740 1996-09-24 36 Dr Aung Khin - Dr Aung Khin Energy demand is driven by population growth, rising living standards and urbanisation. The world's population now stands at 5.8 billion and will grow to over 8 billion by 2020 and 10 billion by 2050. Global oil demand grew by 1.7740 words
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317 1996-09-24 36 Dr Aung Khin - Dr Aung Khin The petrochemical industry has close ties with the oil refining industry and an understanding of the interface between the two is crucial for maximising synergistic opportunities. Implementing the interface effectively means the key to a successful downstream oi business in317 words
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Article, Illustration810 1996-09-24 38 Highlighted here are some of the myriad products and services that will be exhibited at Osea96 and RLPAsia96. The Asia-Pacific, which accounts for some of the most significant oil and gas projects in the world, is of vital importance to the world oil market. South-east Asian countries awarded810 words
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Article, Illustration548 1996-09-24 38 The third Asian International Refining, LNG Petrochemical Technology exhibition and conference (RLPAsia96) is Asia's leading downstream oil and gas event. Over 200 companies will show their latest in refining, LNG and petrochemical technology and services. Country pavilions taking part in the show548 words
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Article15257 1996-09-24 44 EXPORT w—•«. X 4TX, X«/«A/ ETA ETA Advertiser V«wl Voyage T»i*phon« ETA ETA Adv*rtis*r V*SS*I Voyag* T*l*phon* SIN Destn Nam# Nam* NumMi Number SIN Dest'n Nam* Nam* Numb*r Numb*r AM/» 12/10 Shreyas SINAR TOBA V.20I 65-22*3772 04/W 26/10 COSCO MAPLE RIVER 00MM 65 *****00 To ABIDJAN (ABJ) 200315,257 words
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SHIPS IN PORT
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Article865 1996-09-24 51 Vessel Voy No Berth Arrival Departure »U(*iw 2S7/M ""Ja Mnqw» 24 09/0100 latanur*** *312 Mi aMn«u* 24 09/2315 ***** J01 Uonquf 24 09/0*15 *S«Hh n/96 JOI Monqaf 24 09/0500 MmUMOi 6 JOT jtoxguM 24 09/0600 En*1o«202 9 J16 «on«ii<k 2409/0600 E«r. Tradtr 09/96 Jt4 HonquM 29 09/2300 Uw865 words
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Article1753 1996-09-24 51 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booting/Wince tstli Ship Voy No Etb/Btr Portod From To Fro* »CI J«Jt )044 24/1)00 U 21/1500 23/1*54 21/800 tajtn mt li/noo a ivsm mmn mm 24/0700 JVW 24/M00 4 24/1200 24/M54 24/1700 »tiS»4» 24* 26/2154 ~20 ZVT700 14/0*54 24/0*00 24/07001,753 words
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Article205 1996-09-24 51 Sept 24 South Korea: Heritage Day. Sept 26 South Korea: Chusok (Korean Thanksgiving). Sri Lanka: Market and Public holiday. Sept 27 South Korea: Chusok (Korean Thanksgiving). Taiwan: Mid-Autumn Festival. Sept 28 South Korea: Chusok (Korean Thanksgiving). Taiwan: Teacher's day (Confucius' birthday). Oct 1 National Day holiday (to Oct205 words
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Article937 1996-09-24 51 THIS report, compiled by Cockett Marine OU Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated The Cockett Bunker Price Index change and the individual937 words
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AIR & LAND TRANSPORT NEWS
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386 1996-09-24 52 Japanese carrier responding to growth in air traffic dne to Indian economic boom Business Line [NEW DELHI] JAL (Japan Airlines) will resume flights from India to Japan from October after a gap of four years. It will be the second Japanese andBusiness Line - 386 words
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Article, Illustration62 1996-09-24 52 [HAIPHONG, Vietnam] A self-conscious family ofeight shunning attention as they and a rider cram onto a cyclo in Haiphong, a northern Vietnamese coastal town, over the weekend. As an ever increasing number of motorbikes and cars make their way onto the already crowded streets,REUTER - 62 words
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251 1996-09-24 52 AFP ISEOULJ Chrysler Corp of the US plans to open a whollyowned subsidiary in Seoul to import and distribute its cars in the flourishing South Korean car market. "As the world's eighth largest automotive market, it makes good business senseAFP - 251 words
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271 1996-09-24 52 Mounting concern over KL's attempt to launch Proton cars AFP [CANBERRA] Efforts by Malaysia's highly-protected car Industry to enter the low-tariff Australian market could provoke a backlash in the Australian industry, trade officials told a senate committee here yesterday. Foreign AffairsAFP - 271 words
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273 1996-09-24 52 They will hold 75% stake in USsllom plant Bloomberg Business News [HANOI] Nissan Motor Co is leading a group of partners planning to build a US$llO million (SSIS4 million) car plant in Vietnam, the nation's 14th approved car project. Nissan Motors willBloomberg Business News - 273 words
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193 1996-09-24 52 Reuter (TORONTO) Ail overwhelming 85 per cent of Chrysler Canada Ltd workers participating in a ratification vote on Sunday voted in favour of a three-year contract that limits the company's ability to contract out jobs. About 42 per cent of the 12,600 unionised membersReuter - 193 words
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169 1996-09-24 52 [HONGKONG] Hongkong Air Cargo Terminals Limited (HACTL) is set to establish a new air cargo handling record for 19% with cumulative throughput for the first eight months of this year rising 3.6 per cent to 918,326 tonnes. The latest figures show that HACTL169 words
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212 1996-09-24 52 Reuter [KUALA LUMPUR] Malaysia's second national airline, Pacific Eagle, will begin scheduled flights on Nov 17, Air Asia Sdn Bhd director Tik Mustaffa was quoted as saying yesterday. He told the Business Times daily the airline would begin with scheduled charteredReuter - 212 words
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LOG Book
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Article64 1996-09-24 52 Reuter [SYDNEY] Australia's Federal Airports Corp (FAC) said yesterday it has approved Ass 6 million (5162.1 million) for road development work at Sydney airport. The funds will be used to build an elevated road separating the domestic arrivals and departure terminals, and for redevelopment ofReuter - 64 words
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Article104 1996-09-24 52 Reuter [BANGKOK] A Thai Airways International Airbus with 160 people on board was forced to make an emergency landing on Sunday night after a fire warning signal was triggered, an airline official said yesterday. The Airbus A 3-6008 flight bound for Kaula Lumpur was forcedReuter - 104 words
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62 1996-09-24 52 Reuter [LONDON] Alpha Airports Group pic said yesterday it was selling its loss-making US flight catering kitchens at JFK, Newark, Miami and Orlando airports—to Chicago-based Flying Food Group for £6.8 million (5514.8 million) cash. "The continuing difficult market conditions in the US have meantReuter - 62 words
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89 1996-09-24 52 Reuter [DUBLIN] A threatened strike by pilots at Irish national carrier Aer Lingus was averted on Sunday with only hours to spare when both sides agreed a compromise package after last-ditch talks to settle the dispute. Aer Lingus and the Irish Airline Pilots' AssociationReuter - 89 words
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79 1996-09-24 52 Bloomberg Business News [LONDON] British Airways pic said it appealed a French court's award of 26 million francs (SJ7.I million) to French passengers taken hostage by Iraq after their BA flight stopped in Kuwait during the 1990 Iraqi invasion. The French Court of FirstBloomberg Business News - 79 words
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139 1996-09-24 52 AFXAsia [MANILA] Philippine and Hongkong aviation officials will meet in Hongkong on Oct 1-2 to finalise a bilateral air services agreement, a Philippine official said. Unlike in previous meetings, Philippine carriers agreed to set aside demands for additional flight frequencies toAFX- Asia - 139 words
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Article1457 1996-09-24 52 cmr FU6HT ETA FU6MT ETD LH778 1605 0f5 2235 AfaMwM 6A974 2335 0F6 1845 S0326 2355 MUM SO230 1830 Of82 2055 WW 2359 oral 1930 FrtMka S0989 1700 S0990 0105 Amstardan GA897 1045 GA892 0030 SWT 2320 KL837 1445 KL844 0040 ffi—lfc» ftC C2354 0925 S03271,457 words
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Page 33 Advertisements
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Advertisement16 1996-09-24 33 Philippines in race to comply International Maritime Organisation is setting strict standards for seafarers. Page 216 words
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Advertisement279 1996-09-24 33 Osea 96, SLPAsia 96 opens today Showcase of oil exploration, refining and petrochemical sectors and their associated services. Page 3,4,6 ■IH IBM's new GMin Asla-Pao IBM has named Leslie J Rechan the Asia-Pacific general manager of its travel and transportation industry solutions unit. He will now lead the team in279 words
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Page 34 Advertisements
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Advertisement694 1996-09-24 34 I NORTH AMBWCA~] I QUlf/INOiAt*jUkMßiMmtt I SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) IOULF KARACHI BXPMESt KMOQ vtssa VOY OAK VAN SIA LA SIN VtSSII VOT MM JU Ul COl SM NOIHKON 40W M/M 21/00 M/M M/M H/M *X 944 07/ M M/M U/M H/M 23/W <KSAKMIMY WW 01/ M694 words
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Advertisement768 1996-09-24 34 4 —mew 'epfesentec (iWm^S by °»t» RegislTy Of Members o< the 'l."? Accreted SN«*ng Agent, Singapore Freight Forward**' St»f Nation* Shipping Assoc Assooalton CALL US... ANYWHERE, ANYTIME. In the demanding world of marine With a wortAvide supply network of lubncation, Ihe efficaent secvicing of more than 550 ports in over768 words
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Page 35 Advertisements
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Advertisement114 1996-09-24 35 i ScT! RLPAsIaVO M jj The 11th Offshore South East Asia Conference Exhibition "'"'t' The 3rd Asian International Refining, LNG Petrochemical Technology Exhibition Conference i Asia's Leading Oil Gas Show is Now On! ;j World Trade Centre, Singapore £Jb irn I to Singapore Exhibition Services on orqanisinq <\ iJ OSEA96114 words
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Page 36 Advertisements
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Advertisement180 1996-09-24 36 ABB (S) MW9TK Explosion-proof PAAJA ABB Stromberg Control Flexible Pliable Conduit Systems communication systems Loadbreak Switch/Switch Fuse CQP.tjem BCutler-Hammer IDT J^lKy Explosion-proof Panel Mate CALSTAR EEx d electrical equipment Factory Mate fluorescent luminaires and Industrial PCs E:T«N FANAL puran Aerospace Commercial Controls Explosion-proof junction boxes Dekoron wire and cables Switches,180 words
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Page 37 Advertisements
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Advertisement3740 1996-09-24 37 More Than 1,300 Reasons To Be At Asia's Premier Oil Gas Event M I SMGAPORE I ""T" 'ti I JO B A Aft JEss. fSSf I?| RA cbOA I M /SEASIO £si~=i gf 11M #«iJICI M%S HP comtikx SVSTIMS i* AD AFT ASK x ißfc UMTOD uk ADVAACID CONTIKXS FTI3,740 words
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Page 39 Advertisements
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Advertisement1300 1996-09-24 39 PACIFIC SOUTH WIST EXPRESS (DIRECT) vcsa voy wa sin eta swetp lax mi wm qg wyc m hounok sul maggog ook 23/09 25/n 20/00 11/10 is/10 14/10 10/10 17/10 17/10 it/10 10/10 u/10 ItftOTKA 0101 07/10 09/10 10/10 25/10 29/10 30/10 30/10 31/10 31/10 30/10 30/10 01/11 tfITMMUNP 001 14/101,300 words
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Advertisement2215 1996-09-24 39 HANJIN SHIPPING USA CANADA' unih*u./voy iam sm sea pox nw xof o« on dim nt »wi I imm I dps 1 wtc 1 ore rv» ttz n». m rtc H. POUND MM 24/W M/M 17/10 M/U 10/10 M/U M/ 10 B/10 U/10 B/10 U/10 B/10 B/10 23/10 73/10 14/10 "24/102,215 words
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Advertisement103 1996-09-24 39 r\WW) ORIENT EXPRESS UNES (U.K.) LIMITED OS* J J (MANAGER FOR SHREYAS SHIPPING LIMITED) J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE tL VOT SIWtAWIH tOMIAT VBSIL <OT lOMUY SIWGWWI SINARTOaA 201 04/10 11/10 SINAR TQ6A 200 26/09 04/10 NORDKAP 401 09/10 16/10 NQRDKAP 400 Q2/1Q 09/10 EUZA 303 15/10 23/10 ELIZA 302103 words
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Page 40 Advertisements
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Advertisement1501 1996-09-24 40 M H v hmml A m m A Amy# A I V M k w Khh ft V M W a 1 h #tl nn »TnH »i?i PHHBSlHßlUHMMttiUAHiS^^AlHLlJ^H^^UillliiSil^^^^l w HM rBM «T LW STON HCUNG SIN KG HO TO Srt (Off lUC imwusawKss ntP3T~ 2/1 o ?s/y ?a/* "vio 41,501 words
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Advertisement1134 1996-09-24 40 I NORASIA I VESSEL VOY SIN PKL OOA LAS BCL VAL ALQ ROT ANT FEL LMA *****"?. 112! IKS 13/11 M/ 11 21/11 17nl M/io 9638 3 02rt0 OMO WO OrtO 20,10 27/11 21/10 24/10 25/11 25/10 27/10 MOA ututrHAi £221 W0 TWO 30,10 28,10 03/11 04/11 31/10 01/11 01/111,134 words
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Advertisement410 1996-09-24 40 Direct Container Service to m Fangcheng i Zhanjiang Vessel S'PW Fangcheng Zhaniiang UANBAO 04/10 09/10 11/10 I /Vt)/?TlfrANij» TELM-*****67 FAX: 65-*****90 Muht-Purpow RO/L0 Carrier Accqrtwg: RO/RO, Ramp Capodty up to 40 toas Heavy Lift opto 68.5 tons Commtmol/ Break B*k /Contmer/Keeim Coalmen Thai Flag Status »*Uy«» V-M* 1*77/* Rl-84/I* 30-01/f410 words
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Page 41 Advertisements
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Advertisement1549 1996-09-24 41 H STRAITS SHIPPING PTE LTD 10 Ho* Chiang Road #11-01 Koppol Towers Singaporo 0208 Tel: *****88 Fox: *****17 Isaiah t irunei conventional service Sarawak container service 388 Jffi |UN *1 MUA la IviSSIl VOY [sMWOtI I KUONNG STumsiM mm u/vt 01/10 w/io cam mim mi<u 25/01 17/01 STUmHOK W231 01/101,549 words
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Advertisement1603 1996-09-24 41 3 SAILINGS PER WEEK FOR :-X SINGAPORE EUROPE SERVICE I COSTAR SHIPPING »Tf itb tEKTL raTnTiwo uxTziiiai outwardha) 4205«? jonore ofna ■aSrlslS m Kf 85 RKS E E: E EST 3. IS M*/W>!s 3MN 04/10 07/10 IVII «SnT2Bl ~nm 7i/m 1,/W !M5 JMX 31/W IMlf 17/0t iflO «*/«>» 01/10 05/101,603 words
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Page 42 Advertisements
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Advertisement1236 1996-09-24 42 EUROPEIAJK/SCANDINAVIA/FINLANO/RUSStA IMP ROM ANW HBO TUP KE LHV LHV THP ROM ANW NOG PKL SGP I ROUNORW-022 2M 10/10 21/10 11/10 21/10 22/10 2J/10 i. GROUP RE-OM 27/0 ZM 27/0 2tl 3d m 2M INMMMNW-MO lit 2VIO 20/10 20/10 20/10 20/10 30/10 E GALLANT Ri-040 31/0 4/9 i/9 5/0 OA1,236 words
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Advertisement1043 1996-09-24 42 vKsa von« sor dm ami m im iwt ki vtssa votam dui am mm iah sor UNOUCI *****W Oil] 07/11 01/10 Of/11 IK/10 01/10 UNCOHCHI *****7K IS/04 14/04 17/04 11/04 JO/W UN CKWN 047MJ* 03/10 11/10 14/10 IS/10 W0 14/10 IV« |UW(0N(0I0 04?0 03 IE WW WW 14/W IVW 07/101,043 words
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Advertisement666 1996-09-24 42 B RICHFIELD MAMNE AGENCIES (S) PTE LTD TEL: *****33 (12 UNES) FAX: *****18/*****03 TELEX: RS ***** RISHIP (3 Unas) CR NO: **********0E I® ETMonAiMPraeu»: Y (NMlhH«(Eihpia) ACCEPTING FCL AND CONVENTIONAL Vooool Voy KTA Loading for Spor# N*»an« 44W8 2^lo Andrwt 4CWB flm DpbocALA*«to, H KIEM mwa LMIE FULLY CONTAINERISED REGULAR666 words
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Page 43 Advertisements
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Advertisement747 1996-09-24 43 i BSA a. iHIIK MYANMA wHBk FIVE STAR UNE (Myaanar National Um) loadiag for Yangon (Rangoon) VtStfl VOY SM PKG PIN PGU NPA-AN 227W SIB PAGAN I3SW SIR MALAYSIA A6WTS: MUSTIAO SMTPMG AGfNOIS KM: m 07-03-*****00 PKL Til OJ-03-J*****1 Ptlt Til 07 04-3****** PGO: TU 07-07-*****? 1/4 BANK LINE (A747 words
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Advertisement1097 1996-09-24 43 A. HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKQ: *****32 PNA PM POO VBSn/VOY VOY SM KTM ANT I IB I HAM I Ml I fB 11/09 13/ M 14/04 HY. IAJtON 107W 14/04 M/ 14 M/ 10 M/ 10 M/ 10 M/ 10 M/ 10 14/04 70/04 71/1,097 words
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Advertisement460 1996-09-24 43 FAMOUS CONTAINER LINES jIfSS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 3& HOT LINE: *****33 (30 LINES) I WE PROVIDE Weekly LCL Consol SOOTIMIRICi MHK jyW QBE V w W MR j,, Call OS for details *****33 Alvin/ May/Caine 1 U V V P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH:460 words
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Advertisement47 1996-09-24 45 To retrieve more schedules, just follow these simple steps... document ia j 740-6000^7^^^^ tep be faxed M M Press "1" the port Step key in the four number M-digit code Key in your Example: i fax number To HAMBURG (HAM) 2150 for calls within Singapore 011 IWiHy47 words
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Advertisement545 1996-09-24 47 ~l_m S rtj.l Weekly LCL A FCL I Services to Caribbean W IT"TVmi* A Central America DAGMAK si victory MAERSK 9605 607E Port Country 24/09 01/10 Mize City Bel.ze 28/10 04/11 Bridgetown Barbados 31/10 07/11 Cartagena Colombia 30/10 06/ It Castries St lucia 30/10 06/11 Fort de France Morhnique 31/10545 words
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Advertisement1381 1996-09-24 47 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cecil Street. *12-00, P| L Building. Singapore *****0 Mlj Li TEL *****21. FAX *****19. TELEX RS ***** ACLPL CR NO **********06 BANGKOK JAKARTA '™i' VESSEL VQY SIN IKK SIN vlssa VOY SX JKT SM SBSAMUT *****7 25/09 Wed 28/09 Sat 02/10 Wed SUAE1,381 words
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Advertisement892 1996-09-24 47 K^wmssbm **********0Z VESSELS VOY aN OAMIETTA LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTWERP VILLE DE LYRA YIBW 24/00 OS/IO 14/10 15/10 17/10 1&10 20/10 VILLE DE VELA VIBW 01/10 12/10 21/10 22/10 24/10 2VIO 27/10 VILLE OE CAPELLA TI7W 08/10 IWIO 26/10 2S/10 31/10 01/11 03/11 WLLE DE LIBRA LI7W IVIO892 words
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Advertisement1785 1996-09-24 48 ■■■EiiziizsHHi HHHDHH^ibhhI VESS£L VOY SIN JKT VESSEL ~~VOY~ SIN PEN <«- VF ,,P, n EAQLE TIDE' 146 ~U» lln Pt St I 2WQ9 OUWJ BHUM 6703 Tt ~T»*i 26M9~ GANTA BHUM 11$ Wd ?Vo> Sun 29/09 B.MAS EMPAT <133 Thu 26/00 Sat 26/09 WANTA BHUM 313N Ti» InPt Sat 26/091,785 words
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Advertisement927 1996-09-24 48 ctSwom CMmAooNo mna V wnSapoß/ WW VOT MN CT>" [vit—L VOY ttH ttm CONSISTENCE 329 "SAT I2R/09 WED [02/10 BaNOROMEDA STAR I 172 THU 26/09 ~TUE loi/ICT mOH t 11? i 5 04/10 TUi OR/10 BriOER RIVER 256CNR SAT 2»/09 TMU 03/10 DMA |325 |*QN 1 07/10 |FRI 1 1/1Q927 words
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Advertisement756 1996-09-24 49 2; m HR W PS 2- n SINO EXPRESS SHIPPING (PTE) LTD. Mll COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VESSfI/VOY ETA SIN ETA HKG ETA SHA W/T HKG: Beijioo, Chiwon,756 words
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Advertisement570 1996-09-24 49 \m, MN COwTAIUEh LINES. lIIC I Agents: MAC-NELS SPORE: *****22 (24 LINES) kuchmq: (002)*****3 -NW- J OflNO: IMOB7SOOOOB SOU: (084) *****8 MANILA: (632) *****61 V J W v PENANG: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MON: (61) *****3 BANDUNG: (22) *****86570 words
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Advertisement397 1996-09-24 49 4691HHHHHfc I I AGtASOFIA 16/09 22A» RdnVAtwAJK/Nan I I SEAGULL FORTUNE 25/09 05/10 RdnVAtw/UK/Nan I I AMANPULO 15/10 22/10 RdnVAtwAJK/Nan I Loads E./W Matayaa. Indonesia J t Loading for m I HERMELIN Oubat/Ooha/Bahrain/Damman/Kuwait w I LEOPARD 1 Dubai/A. Ohabt/Doha/Oamman/Kuwart r I BUFFALO Dubai/A. Dhab</Doha/Bahrain/Damman/Ku**»t I PAN CRYSTAL Duba/Bahrain/DammwVKuwait I MAKAR397 words
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Advertisement412 1996-09-24 50 Shipping Times "Bl JSENESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. i To receive information from advertiser of.your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 STt Q Press" 1" key in Document Code SII412 words
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Advertisement257 1996-09-24 50 IBBWWIggB SFIq Turnkey Factory Automation System Automated Storage and Retrieval System £_~J'T Automated Guided Vehicle System (AGV) Engineering Services IRAtJ 1 L2!_- i: BE A PRIVILEGED I member As a SFFA member, you'll project total professionalism to your clients as s you comply with the association's stringent membership criteria. SFFA257 words
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Page 51 Advertisements
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Advertisement58 1996-09-24 51 BELL SPEDITION LINE SINGAPORE Colombo, Bombay, Karachi Maldives MV BADINH/early October JAPAN/KOREA South-east Asian Ports MV PHUYEN/early October Othervessels available for Time/Voyage Charter Wc accept aU kinds of General Cargoes Breakbulk Cargoes IMCO Cla*s Cargoes Heavy Lift Equipments Project Shipments 1 General agent: S. Y. SHIPPING (S) PTE LTD I58 words
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Page 51 Miscellaneous
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Miscellaneous144 1996-09-24 51 j —t? ko f :JT7rrn— i 9 LEGEND R Thunderstorm Temperature o Q X\ y Shower Weother Wind direction with speed m knots a Rom Vy I Cloudy Sky Wove he, 9 ht Surface winds are indicated by arrows which Hy with the wind on *v* circle represents coim or144 words
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