The Business Times, 22 October 1996

Microfilm: NL20728
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, OCTOBER 22,1996 85e
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  • Article
    MARKET SUMMARY
    68 1 D 2*123 (-20.29) nwt-m IfIfTLS (-10.65) H FT amp mm 218J2 (-13.67) ■■jBTMfIA mm mom (-14.81) EJ HAIKET HOOD: mm Ibni gTOdinETDOMCES Monday Change KLSE COUP 1174.01 -1.59 HANG SENG (tend SET INDEX 948.52 4S JAKARTA OOMP ***** +127 MANILA OOlfP BUM -7J9 TAIPEI WP1 6441.15 +910 seoul
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  • Article
    FINANCE
    66 1 EXCHANGE BATES USS St U8t 1.415 i use .2.260 DM 0.918 «|lt. 0.887... 1.255 Ml 9.3» .0.664 BKt 0.129 0.183 RAHT 0.039 .0.065 KUPIAH100 0.041 0.061 PRIME KATES SINGAPORE* .144 KUALA LUMPUR. JAKARTA 18J0 BANGKOK IMS MANILA .13.50 HONGKONG -8.50 TAIPEI J15 SYDNEY 10.75 TOKYO MO SHXJL 10.95 ZURICH**
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  • Article
    Eu Yan Sang planning SES comeback
    497 1  -  Current takeover of En Tan Sang HE major part of long-term regrouping By i Catherine Ong [SINGAPORE] The Republic's best-known Chinese herbalist, Eu Yan Sang, is planning to make a comeback to the Singapore stock market under a bigger group embracing its namesake in
    497 words
  • Article, Illustration
    September's key exports down 6.2%
    495 1  -  By Genevieve Cua [SINGAPORE] The Republic's non-oil domestic exports, widely considered manufacturing's barometer, shrank another 6.2 per cent in current prices in September, after August's 6.3 per cent drop. September's figures mean the key export segment fell an overall 2.4 per cent in the third
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  • Article
    Delifrance gains 24% on its debut
    379 1  -  Labroy adds 14.5% on second trading day; STII falls 20 points By i Clarissa Tan [SINGAPORE] The two newest listings Delifrance Asia and Labroy Marine made handsome gains yesterday, ending as the two most actively traded shares. In a market which saw the Straits
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  • Article, Illustration
    Two Indonesian tycoons in head-on fight for Astra shares
    606 1  -  Mohammad Patera S&mpoerna competing for biggest stake in car maker From S N Vasuki in Jakarta TWO of Indonesia's most wellconnected tycoons, Mohammad "Bob" Hasan and Putera Sampoerna, are competing head-on to own the biggest block of shares in PT Astra
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      148 1 MSIPB Hew PAP candidate Lim Hwee Hua, Jardine Fleming's research head in Singapore, is standing as a PAP candidate because she wants to be part of the team which would help Singapore to move forward, P*2 ■Bwtfiiro kajr uyrti k Sept ton 12%, thispg. Not unexpected, but likely to weigh
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      Page 1 Advertisements Column 2
      9 1 simwp hits Samsung's chip exports to S'pore, Pg 12
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      331 1 I Juubtof alleged yesterday that he had been robbed by bte eldest mb and eldest grandson, bf what he described "as ihe bflflpNt ortataal I breaflhoftnat Ml report, Pg M 1391 HEWLETT* WSEM PACKARD Jfcyl HP DeskJet Professional Series ***** wmmmrnmmmm^^mmmmmmmmmm—mmm—mmim When it comes to speed, the advantage is with
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  • SINGAPORE AT HOME & ABROAD
    • Article
      S'pore voters expect good candidates for MPs: BG Lee
      342 2  -  Even the Opposition concedes the need to have people of ability, he says Reports by Chnang Peck Ming SINGAPOREANS expect a high standard of ability and performance from their Members of Parliament, Deputy Prime Minister Lee Hsien Loong said yesterday when
      342 words
    • Article, Illustration
      Meet PAP's first new woman candidate
      464 2 HERE are snapshots of the new candidates' backgrounds, reasons for going into politics and their aspirations as a Member of Parliament: ISM HWEE HUA, 37, Jardine Fleming's research head in Singapore, is the PAP's first new woman candidate. She is a past Government Overseas
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    • Article, Illustration
      Lock icon Sinar Mas group and Cisco form Indon joint venture
      305 2 CISCO, Singapore's leader in security services, has formed a joint venture with PT Sinar Mas Multiartha (SMM) to provide commercial security services in Indonesia. SMM, a financial holding company listed on the Jakarta bourse, is a member of the Sinar Mas
      ARTHUR LEE  -  305 words
    • Article, Illustration
      Lock icon M2 growth slowed in August
      325 2  -  EYE ON THE ECONOMY Finance By Paul Leo GROWTH in M 2, the chief measure of money supply, moderated in August after surging to a 12-month high in July. Figures from the Monetary Authority of Singapore (MAS) show that M 2 rose 11.4 per cent
      Source: MAS  -  325 words
    • Article, Illustration
      Bintan Beach resort expects 120,000 visitors this year
      542 3  -  It's fall-house on most weekends, majority of gnests come from Singapore By. Agnes Wee HOTELS and villas in the Bintan Beach International Resort (BBIR) in Indonesia are the envy of other hoteliers. They frequently boast a "full house" and often have to
      542 words
    • Article
      Credit POSB launches TV ad to boost housing loans
      427 3  -  Move prompted by competition from commercial hanks By\ Siow Li Sen CREDIT POSB has launched its first ever series of television commercials to boost honsing loans at a time when the state-owned bank's market share for mortgages has come under pressure
      427 words
    • Article
      Corrections and clarifications
      41 3 YESTERDAY'S Eye on the Economy column headlined "August retail sales down 4%" said that sales of department stores and supermarkets fell by 1.8 per cent. It should have been 12.8 per cent. We are sorry for the error.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      198 2 J| Come to where the business is... jW in the Centre of Asia No matter what your particular requirements are, the Singapore International Convention Exhibition Centre is ready to accommodate you. We have a choice of 26 Meeting Rooms which can seat from 20 to 460 people, while our state-of-the-art
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      Page 2 Advertisements Column 2
      393 2 Arthur Andersen Business Consulting Cost Management Seminar '96 The level of business performance now required to compete globally and to meet the demands from increasingly sophisticated customers may be unprecedented in history. At world class levels of performance, change is constant. Improvement is required just to stay even. Most management
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      9 2 Sbaar Mm gets licence for Ningbo refinery, Pg 19
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      57 3 Tung Centre 745 sf 3,165 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 First Capital Property !_P Management Pte Ltd ss: r(A member of Fint Capital Corporation Gn»p) Tel:
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      Page 3 Advertisements Column 2
      241 3 A great place to think. For less than you thought. I $5,6491 I I Pentium 100 MHz BMB RAM 810 MB HDD 4XCD-ROM Windows Lotus The ThinkPad 760RLD is the affordable answer for highperformance notebook computing. It's perfect for the executive who wants to do presentations on the move, or
      241 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Before bargain hunting...
      643 4  -  THE PROPERTY COLUIDV bear in mind the next wave of WAV estimates expected around March By Lee Han Shih ABOUT a year ago, analysts were tripping over each other to rush out buy recommendations on companies with exposure to office properties. Yesterday, almost every one of such
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    • Article, Illustration
      Dunman Court in Katong sold for $36m
      322 6  -  Price for freehold property lower than the expected $40m By. Michelle Low [SINGAPORE] The 20-apart-ment Dunman Court in Katong has finally been sold for $36.25 million lower than the $40 million the freehold property had been tipped to fetch. Dunman Court was put
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    • Article
      HK's Midland Realty, S'pore's HRL in tie-up
      302 6  -  Move to offer wider variety of services in the two markets By* Conrad Raj [SINGAPORE] Singapore property consultancy HRL International Property Consultants has recently joined forces with Hongkong-listed Midland Realty, one of the colony's largest property agencies. The strategic alliance will allow the
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    • Article, Illustration
      TechParks lifts stake in Science Park
      333 7  -  Company buys 40% of Phase II from its parent JTC for $109.8 m By] Diana Oon [SINGAPORE] Technology Parks said yesterday that it bought 40 per cent ownership of Phase II of the Singapore Science Park from its parent, Jurong Town Corporations, for $109.8
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    • Article
      Wah Chang ups prices in Phase II Bintan resort
      417 7 About 80% of the 76 units in Phase I sold at weekend lannch [SINGAPORE] Prompted by strong buying over the weekend, Wah Chang has decided to sell the remaining units of its Bintan Allamanda resort on Saturday. Wah Chang said yesterday
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      389 4 Raffles Place Office For Sale Tenure 999 years leasehold Floor High floor (sea view) Roor Area Approx 8030 sq ft Remarks 1 minute walk to Raffles Place MRT station. Vacant possession in 1997. Tender Closing Date 4.00pm, 6th November 1996 For further information, please contact: Anthony Seah or Jeremy Lake
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      Page 4 Advertisements Column 2
      97 4 FOR SALE BY TENDER Freehold Enbloc Residential Development Site Location Martia Road, off East 1 Coast Road EAST COAST ROAD Land Area 5,136.4 sqm v u (Approx. c 55,288 sq. ft.) 5 33 Legal Description Lot 441-9 Mukim 26 2, m Tenure Freehold 5 Plot Ratio Up to 1.4 q
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      Page 4 Advertisements Column 3
      28 4 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.
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      369 5 When you visit Singapore's famous night everything we do. In short, to innovate. trying to air-condition your house with all the safari, what do you see? Lions, tigers, giraffes? NIGHT SAFARI. A ROARING SUCCESS windows open.) The solution was both simple and Of course. But take a closer look and
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      336 6 area 7 I I Site Area: 24,188 sq ft (Approx.) I PGP Plot Ratio: 2.8 (Up to 20-stofeys) 134 CAtRNHILL ROAD I Prospective Tenderers are invited Site Area: 22,141 sq ft (Approx.) 1 to bid for one or both sites DGP Plot Ratio: 2.8 (Up to 20-storeys) I Freehold sites
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      Page 6 Advertisements Column 2
      125 6 CALDECOTT HILL'S OWN L j ffa/n/esi Of*& (lest I Nestled in a 40,000 sq.ft. freehold (I manicured garden. This pre-war colonial style lp I bungalow with large lounge-living room, dining room, 11 fk six other rooms, double garage, servants' quarters, J 1 20x40ft pool, 2 attap pondoks, has substantial entertainment-areas
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      9 6 Home Decor t -For people who love their homes
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      55 7 For Sale By Public Tender 57 Wilkinson Road Location Located in the established residential area of Mountbatten. Type Regular shaped bungalow land plot for 2-storey detached houses. Land Area 1,523.7 sqm (Approx. 16,401 sqft). Tenure Freehold. For further information and tender documents, please contact: Jeremy Lake or Celina Lim Tel:
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      Page 7 Advertisements Column 2
      835 7 7 Ccxribined residential redevelopment site /sun y Freehold tenure DGP Plot Ratio of 2.8; to 30 storeys Wa/ Easy access to PIE, CTE Town f%>7 Plot A -14, %7.34 sq.ft mansion Plot B sq.ft. mmM PLOTA: LOT 5775 OF MUKIMI7 D^MON 0 RAJAH PLOTA: LOT 4113 OF MUKIM 17 TOWER
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      Page 7 Advertisements Column 3
      89 7 B jL 'B P;|P( P^[•-■ j Prime residential neighbourhcxxi L— Freehold site DGP plot ratio 2.8, Up to 20 storeys fa* jj Easy access to ECP, PIE MKT Parcel A ***** sq. ft -4. \nn Parcel B ***** ft U ttnv Parcel C-8618 sq. ft bJ Option to buy A,
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Malaysia may stop building of new power plants
      444 8 KUALA LUMPUR flKove will halt ftrostak of Tenant profits, soak op excess power Bloomberg Business News JtfALAYSIA said It may stop the building of now power j>lants by independent operators, primarily to stem the Erosion of profits at Tenaga Nasional Bhd, the
      Bloomberg Business News; REUTER  -  444 words
    • Article
      Lock icon Suharto calls for peaceful polls to strengthen unity
      261 8 JAKARTA He hopes election next year would not leave bruises Reuter INDONESIAN President Suharto has called for peaceful general elections next year that would strengthen national unity rather than bruise society, the official Antara news agency said yesterday. "We hope that the
      Reuter  -  261 words
    • Article
      Lock icon Sungei Way to build US$1b town
      197 8 PHNOM PENH Project to rise from 400 ha of swamp facing Phnom Penh Reuter MALAYSIA'S listed Sungei Way Group will build a US$l billion (Ssl.4 billion) town on a large tract of swampland facing Phnom Penh under a joint venture deal signed yesterday with
      Reuter  -  197 words
    • Article, Illustration
      Lock icon Economic growth may hit 7%: Ramos
      205 8 MANILA AFP PHILIPPINE President Fidel Ramos forecast yesterday that the country's gross national product (GNP) would grow 7.1 per cent year-on-year in 1996. "The latest reports indicate that economic growth this year is likely to hit 7.1 per cent, up from 5.5 per cent
      AFP  -  205 words
    • Article
      Lock icon Union threatens to picket Telekom
      178 8 KUALA LUMPUR Reuter SOME 22,000 members of the National Union of Telecommunications Employees (NUTE) threatened to picket Telekom Malaysia Bhd if it does not allot staff 5 per cent of its shares soon, the Bernama news agency said yesterday. Union president Mohamed Shafie Mammal said
      Reuter  -  178 words
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      217 8 EE. ■f 1M nfi -"I :^'r one-sided^ K v' -'A'C&WA TECHNOLOGICAL LINK TO THE FUTURE <**.•< '3 TAKE THE BEST YOU SAN GET CHOOSE AN ENVIRONMENT THATVttTRAGiS X GOOO ACCESSIBILITY island-wide FUTURE-ORIENTED ENVIRONMENT accessibility via the PIE —part of Technology Parks'showcase <?* Kald Bukit Techpark W PREMIER INDUSTRIAL LOCATION RICH
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      304 9 p To succeed in unfamiliar territory, you need someone with experience at your side Getting ahead nowadays often requires you to skilfully seek out and seize whatever situation arises. In the world of banking, this someone is opportunities wherever they may arise. More often than not, this involves Hongkongßank. We
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Teng-hui blames Beijing's 'stubborn' policy for stalemate
      393 10 TAIPEI He reiterates desire far reunification Imt says Taiwan most develop its own economy and strength Reuter, AFP PRESIDENT Lee Teng-hui pledged yesterday to reunify Taiwan with China but blamed the "stubborn policy" of the Communist mainland's' leadership for a stalemate in once-warming
      Reuter,; AFP  -  393 words
    • Article
      Lock icon Confidence in HK's future growing: poll
      128 10 ■HONGKONG AFP WITH eight months to go before the handover of Hongkong to China, people on the island are more confident about the territory's future than they were before, a poll showed yesterday. In a survey of 624 people, carried out by Asian Commercial
      AFP  -  128 words
    • Article, Illustration
      Lock icon Taking a poor view of a queue
      50 10 [TIANJIN] Chinese police watching to prevent queue jumping at the ticket booths at Tianjin Railway Station on Sunday. Chinese railways have lost close to half a million passengers a day, following an increase infares last autumn amounting to about 51 per cent AFP
      AFP  -  50 words
    • Article
      Lock icon China set to achieve soft landing this year
      289 10 BEIJING Economic growth rates expected to be higher than price rises report Reuter Bloomberg Business News CHINA'S economy has entered a period of steady growth and is set to achieve a "soft landing" in 1996 after years of overheated expansion, the official
      Reuter; Bloomberg Business News  -  289 words
    • SINO Briefs
      • Article
        Lock icon Hebei plans to raze 10m tombs
        34 10 AFP (BEIJING] The northern Chinese province of Hebei plans to raze nearly 10 million tombs, recovering 21,000 hectares of arable land, the official China Daily newspaper said yesterday.—AFP
        AFP  -  34 words
      • Article
        Lock icon Taipei speeds up approval for investors
        56 10 AFX-Asia [TAIPEI] The Investment Commission has decided to speed up the application reviewing process for foreign investments worth less than NT$2OO million (5H0.28 i million) each. Such foreign investors, excluding investors from Hongkong and Macau, are expected to receive approval within one to three
        AFX-Asia  -  56 words
      • Article
        Lock icon China calls for stability in Russia
        38 10 AFP [BEIJING] China yesterday called for stability in Russia following the sacking of Russian security adviser Alexander Lebed, but It refused to be drawn on the political significance of the move. —AFP
        AFP  -  38 words
    • Article
      Lock icon China launches its answer to World Wide Web
      227 10 BEIJING Aim is to promote world trade and domestic business AFP CHINA Internet Corp (CIC) yesterday announced the launch of its China Wide Web, an on-line network providing Chinese-language business, financial and economic information to subscribers in China and outside. The service,
      AFP  -  227 words
  • Page 10 Advertisements
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      89 10 'V- -v J > i r.v.-\ y.. 1" J In sale* to I Today computer an tkey become antiquated as once of Silicon Valley's most far-reacking ckip developments. called tke Mpact media processor, tke first single seven multimedia We re active in many otker areas business too, including kiotecknology, kigk-definition
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  • ASIA
    • Article, Illustration
      Lock icon Nikkei down on political worries
      375 11  -  TOKYO Japanese business leaders give cautions welcome to the election outcome Reports by Anthony Rowley TOKYO stock prices fell sharply yesterday in reaction to the failure by the Liberal Democratic Party (LDP) to secure an overall majority in Sunday's election. Analysts said the prospect of
      REUTER  -  375 words
    • Article
      Tough process of horse trading begins
      400 11 LDP may have to rope in Democratic Party to form govt JAPANESE Prime Minister Ryutaro Hashimoto last night began what analysts said could proved to be a lengthy and tough period of horse trading in his efforts to put together a new governing coalition
      400 words
    • Article
      Lock icon Aussie firms may shift R&D offshore
      176 11 SYDNEY Reuter ONE-THIRD of large Australian companies may shift their research and development operations offshore following a government decision to reduce tax concessions for R&D. A survey released yesterday by accountancy group Deloitte Touche Tohmatsu shows that 34 per cent of companies that responded
      Reuter  -  176 words
    • Article, Illustration
      Lock icon Benazir proposes anti-graft bill
      186 12 ISLAMABAD Reuter PRIME Minister Benazir Bhutto proposed a new anticorruption measure to Pakistan's parliament on Sunday, seeking all-party support and promising that she herself would be the first to submit to scrutiny. The bill would permit public servants from the President to provincial legislators, judges and
      Reuter  -  186 words
    • Article
      Lock icon Hitachi, Toshiba to build N-reactor in Taiwan
      201 12 TOKYO Reuter LEADING Japanese electric machinery makers Hitachi Ltd and Toshiba Corp are teaming up to build a nuclear reactor in Taiwan, becoming the first Japanese firms to make a reactor for foreign use. The Taiwan project to build a boiling water reactor,
      Reuter  -  201 words
    • Article
      Slump hits Samsung's chip exports to Singapore
      428 12  -  SEOUL It is nnlikely to meet this year's target of US$LBb sales to Republic Byl Conrad Raj THE slump in the electronics industry has had an adverse impact on Samsung Electronics' exports of semiconductor chips to Singapore. The South Korean giant, which last
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    • Article
      Lock icon Kim demands apology from N Korea
      121 12 SEOUL AFP SOUTH Korean President Kim Young Sam yesterday demanded that North Korea apologise for last month's intrusion of a submarine into southern territory. "North Korea should clearly admit its intrusion, apologise and promise acceptable steps to prevent the repetition of similar provocations," Mr
      AFP  -  121 words
    • Article
      Lock icon Stable chip prices too late to shore up NEC's profits
      301 12 TOKYO Semiconductor production seen 6% lower in '94/97 Reuter JAPAN'S NEC Corp said yesterday that the slide in computer memory chip prices has finally come to a halt, but too late to prevent it suffering sharply lower profits from the
      Reuter  -  301 words
    • Article
      Lock icon NEC denies US has scrapped accord to buy its supercomputers
      320 12 TOKYO AFP JAPAN'S NEC Corp yesterday denied a report that a US government agency had decided to scrap a tentative accord to buy its supercomputers amid an ongoing dispute about alleged dumping. "We have not received any formal or informal
      AFP  -  320 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      60 11 Sole Distributor: SMH S E A. (S) PTE LTD. 250 North Bridge Road #15-01/02 Raffles City Tower Singapore *****1 Tel: *****62 Fa*: *****76 Exclusively available at DiaQueen Retailers: ALL WATCHES (Lucky Plaza) Tel: *****73; SINCERE WATCH (Lucky Plaza) Tel: *****48. SINCERE WATCH (Marina Square) Tel: *****06; SINCERE WATCH DUTY FREE
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      Page 11 Advertisements Column 2
      433 11 EXPRESSIONS OF INTEREST Expressions of Interest to purchase either the portfolio as a whole or individual properties close at 12 00 noon (Central Summer Time) Thursday 21 November, 1996 ADELAIDE SYDNEY MARKETPLACE 17 km north east of the city a 3 km from the city SYDNEY Established residential location Site
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      Page 12 Advertisements Column 1
      238 12 mt- y.'-i s d ..,,4 ISI wJ rdi 4 iin, 1 1 w 7 Singapore s one and only •mm -mm.* duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against njstic beauty. (0 WFrARA V^P^j/ N SSV?^ A Hotel Negara, 10 Claymore Road, Singapore
      238 words
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      Page 12 Advertisements Column 2
      63 12 "sasgg; Can r fund .*-&i3s«r" ,ana e r8 I y """to I A do better mal «»>oor &A MoWusseesl mone ygrow ,J|» bri o»«erUme I |BUsiaEsg| t s -.^--w Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member erf STOP PRESS kiosks 7 Eleven Mobil C/noanorP Times the
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      Page 12 Advertisements Column 3
      9 12 NEC in c/iip research tie-up with Lucent, Pg 21
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Kohl urges coalition to calm down
        68 13 Reuter [HANOVER] Chancellor Helmut Kohl yesterday urged his shaken 14-year coalition to calm down as his liberal Free Democratic partners hammered away at Finance Minister Theo Waigel over a tax feud splitting the government. Without mentioning the embarrassing feud, Mr Kohl told his Christian
        Reuter  -  68 words
      • Article
        Lock icon EU may lift partially ban on British beef
        130 13 Reuter [PARIS] The top European Union farm minister yesterday opened the door to a partial lifting of the ban on British beef exports if Britain agreed to speed up the slaughter of cattle in some regions to fight mad cow disease. In
        Reuter  -  130 words
      • Article
        Lock icon Jewish artworks to be auctioned
        76 13 Reuter {VIENNA] The fate of "heirless" Jewish artworks seized by Adolf Hitler's Nazis during Work! War n will be laid to rest next week when thousands ofartefects go under the hammer in Vienna. British auction house Christie's is to handle the sale of more than
        Reuter  -  76 words
    • Article, Illustration
      Lock icon Belgians stage massive march over child sex case
      374 13 BRUSSELS AFP HUNDREDS of thousands of people marched in an erao-tion-charged protest on Sunday over the handling of the Dutroux paedophilia and murder case, sparking government pledges of wide-ranging reforms to Belgium's discredited justice system. A tidal wave of white flowers and
      AFP; REUTER  -  374 words
    • Article
      Lock icon Job creation on the rise in US
      219 13 NEW YORK Bloomberg Business News JOB creation is rising amid increased demand for goods and services, according to the American Management Association's annual survey of companies. Of the 1,441 US companies polled, 68 per cent said they created new jobs between July 1995
      Bloomberg Business News  -  219 words
    • Article, Illustration
      Dole hammers away at Clinton
      595 13  -  WASHINGTON Despite his attacks on president's ethics, character, he's still trailing by 15-20 points, polls show By Leon Hadar AS THE US presidential campaign enters into its final stretch, the Republican presidential challenger is pressing his attack on President Bill Clinton's ethics and character, hammering
      595 words
    • Article
      Lock icon Yeltsin proposes new council
      127 13 MOSCOW AFP RUSSIAN President Boris Yeltsin yesterday announced plans for a new council bringing together the executive and legislative leaders to discuss key issuer The Communist Speaker of the lower house of parliament, Gennady Seleznev, said after a meeting with Mr Yeltsin that the president had
      AFP  -  127 words
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      Page 13 Advertisements Column 1
      362 13 Mr ROBINSON POINT. IT'S THE SMARTER BUSINESS ADDRESS. Robinson Point presents discerning businesses a rare privilege to be at one of i Singapore's smarter business addresses, 1 39 Robinson Road. This modem landmark V I 4n|Ko^BM features all the qualities every astute A businessman desires: jH the busy »Pf WQ
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      Page 14 Advertisements Column 1
      146 14 nk. >^ SHIHHIiHHHHHH Introducing the Banyan Tree Bintan Golf Club. 0 Yes please send me more informati n Created by Nature. Designed by Greg Norman. about the Name: Oil nAA ((VMr McVM—l pi~rl A Greg Norman signature 18-hole subsequent 200 memberships) which come Home Address: championship golf course invariably with
      146 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      E Timor: answer lies in development
      702 15  -  ram bottom LDTE gOPINION By S N Vasuki The writer is BT's Jakarta correspondent V RESIDENT Suharto made a whirlwind h I M three-hour trip to East Timor last TuesM day. The trip was planned weeks before §L the Nobel Peace Prize was awarded
      702 words
    • Article
      IN OTHER WORDS
      123 15 'I didn't vote because I don't know anything about politics.' a 22-year-old who was walking around Tokyo's upmarket Glnza shopping district on Sunday afternoon with his girlfriend 'Voters who stayed away from the polls should, now that the election is over, think again about the clear and
      123 words
    • Article
      Victory by default for LDP
      600 15 EDITORIAL THE outcome of Japan's general election represents little more than a victory by default for the Liberal Democratic Party. It came mainly at the expense of the party's two coalition partners and fell far short of a rout of the political opposition. Given the
      600 words
    • Article, Illustration
      Lock icon How high can the Dow go?
      869 15  -  Wall Street analysts are divided over its fixture. The to the game is to guess when the buying will stop By Neil Behrmann The writer is BT's London correspondent NINE YEARs ago, a terrible hurricane in Britain was the forerunner to a remarkable crash
      Source: Datastream; FILE PHOTO  -  869 words
    • Article
      MAILBOX
      849 15 DEAR SIR, We refer to the article "Market for scrip lending held back by current rules, bankers say" (The Business Times. Oct 17). We would like to point out that the relevant regulation in the Securities Industry (SI) Regulations governing scrip lending, namely regulation 32, does not apply to
      849 words
  • Page 15 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article
      Lock icon Red beryl may prove a real gem
      343 16 COLLECTING RTZ-CRA hopes to promote the stone as an upmarket product FT [LONDON] Forget about emeralds, rubies, sapphires and even diamonds. Serious collectors of precious gem stones will shortly have a new one to add to their collections red beryl. In spite of
      FT  -  343 words
    • Article, Illustration
      Lock icon Bull era for teddy bear market
      617 16  -  Collectors are spending thousands on teddy bears, says chamo RICHARD CHANG Reuter THE bear market has arrived and it's growing. Not stocks but teddy bears, which impart a warm, fuzzy feeling, especially if you have, say, a US$l7O,OOO (*****,700) Steiff original from 1904. It's
      Reuter; FILE PHOTO  -  617 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      339 16 i 'S I ►NEW-TECH-PARK l I Singapore's Premier I I High-Tech Industrial Building I I The new extension at New Tech Park Is Features: I virtually column free space allowing flexibility I available for lease. With unit size ranging in ancillary office and production layout I A g. central air-conditioning
      339 words
    • Advertisement
      Page 16 Advertisements Column 2
      27 16 Locate its owner through Classification 821 (Found). Simply call at 1800-737-1166 for this free service. Another I 0Q T i,aiH n ,j I V* oiassmea Ic***! Service
      27 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      144 16 THE WEATMHK Showers in the pre-dawn hours and early morning. Temperature (31-24) i m-M m/iv Oai iHriK W OMI Smqt Ammtim Ckmty Kkm IMI a~*J rnri t iVU T*m Kkem l*M Hwdy ftmmNm \vm a«Jr S: wii ShMi Bote IMS awn Oiaa JMJ TWe jg, 5/w ami, Baa 17m Oa*
      144 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      287 17 Where to wine, dine and entertain Magical /uf& coffee house WEEKEND J/'i celebration! treat this weekend spell bind them with mouthwatering goodies. I MAGIC SHOW~| HIGH TEA 0 Every Sunday Adult: $12.00*** J o 1.00 pm 1.30 pm Child 7.so*** e 3.30 pm 4.00 pm J* APOLLO HOT6L 409 IWOII
      287 words
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      Page 17 Advertisements Column 2
      179 17 eSI Set Lunch Dinner m Flavours at Meisan SslB.9o+++ per person 'Jt&sb Ss2B.9o+++ per adult; jjjroS $14.90+++ per child Make your reservations today! Call 731-7996. gig A minimum of 2 diners jjtgm is required for set menu order*. SS MEISAN \mnSj SICHUAN PCSTAUBANT W|l cnowMC fiaia 25 Scotts Road, Singapore
      179 words
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      Page 17 Advertisements Column 3
      234 17 4 ~v-'*vi V 'YW. Singapore Busing Giving you the winning edge LONGEST rff-Tea trjjvnw Now frwp 12 pi to Spn IHIIY (Mon-Sin). BY POPULAR DEMAND! tfeast on our spread of Pmstries, Nmnym Kmek, and local favourites like Mee Simm, Lmksm, Rojmk, Met Rebus and more! Adult: $12.80 (Sai, Su* A
      234 words
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      Page 17 Advertisements Column 4
      103 17 Bi^EST Dian Xm Restaurant 1 At The Neptune on Shenton Way Dian Xin/Lunch l 11.30am-2.50pm J"! 7TH aOOR. OVERSEAS UNION HOUSE. COLLYER QUAY. SINGAPORE *****1. TEL: 224 3022 C/Hi ffla/i'Auland C/Hi f7ut6ol European Fishes in our Special Healthy Lifestyle Menu with the Xin Touch! 1 Oct 30 Nov 1996 Fishes
      103 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      766 17 TV&BAPIO Ffevatfmttt 9.0S The Simpsons 7.30 Tamil Seithi (T). King-Size Homer (See Our 8.00 Berita 12. LOO PM The Winners. Choice). 840 Dunia Muzik. L3O Money. Money. Money. fcao J.A.G. #-30 Muzik Muzik. 2.00 How Succeed in Busi- 10>30 News 5 Tonight. 10.00 Mahaguru. ness (r). ILOO Tuesday After Dark
      766 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      149 17 CRYPTIC CROSSWORD ACROSS number (7) chief under canvas (9) colours (7) ,4) ations (7) YESTERDAY'S SOLUTION 14 Expletive, seeing damage from 1 1 Workplace best for computer (7) use evident in weapon (5-4) Sb 2 Have fUn up In the bar (5) 16 Single diamond thus ignited a 3 Unusual
      149 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      Brace yourself for golf's wild, wild west
      1491 18  -  Joondalup Country Club's 3 courses in western Australia offer heart-stopping action, says mxcklaus D'CRUZ NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review. This review and further information about golfing in Asia are available on the Internet at the BT-Asian Golf
      1,491 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      356 18 A Mercedes-Benz doesn't cost the Earth. Think of Mercedes-Benz and Where it used to take 22 cubic car's bodywork from corrosion, you will immediately think of litres of water to manufacture a Multi-layer paint. Improved outstanding quality, performance Mercedes-Benz, it now takes just sealing of cavities. Galvanised steel and innovation.
      356 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon They robbed me: patriarch
      577 19 THE JUMABHOY FAMILY FEUD 18-year-old founder claims biggest criminal breach of trust was committed The Straits Times [SINGAPORE] Patriarch Rajabali Jumabhoy claimed in court yesterday that he had been robbed by his eldest son and eldest grandson in what St described as "the biggest Criminal breach
      The Straits Times  -  577 words
    • Article
      Hicom secures Tekka Comer white' site for $84m
      303 19 Sign of more M'sian developers entering S'pore property market? [SINGAPORE] Malaysian tycoon Yahaya Ahmad's Hicom group has won a "white" site at Tekka Corner for $84 million the second Malaysian company to be awarded land by the Singapore government at state tenders
      303 words
    • Article
      Keppel Finance to raise $8.4m
      112 19 [SINGAPORE] Keppel Finance is raising $8.4 million to finance the redevelopment of its Carpenter Road branch into its head office. Keppel Finance said yesterday that it is proposing to issue five mUlion new 50-cent shares at $1.68 each, which will be privately placed with investors.
      112 words
    • Article
      Lock icon Parkway may sell non-healthcare assets
      217 19 Bloomberg Business News [SINGAPORE] Tony Tan, managing director of Parkway Holdings Ltd, said it could sell all assets not related to healthcare within a year. "It's possible," Mr Tan said in an interview with Bloomberg Business News. "The non-core businesses given the right price, it's
      Bloomberg Business News  -  217 words
    • Article
      MMC Down Under: complex structure, coherent strategy
      705 19  -  HOCK LOCK SIEW Russell Baker Malaysia Mining Corp is extending its tentacles further into Australia where it now has controlling or strategic stakes in more than a dozen listed companies. In recent weeks, MMC has taken a 48 per cent stake in Indonesian
      705 words
    • Article, Illustration
      Lock icon Sinar Mas gets licence for palm oil refinery at Ningbo
      461 19  -  By Lee Han Shih [SINGAPORE] Indonesian conglomerate Sinar Mas has secured a licence to build a huge palm oil refinery in Ningbo, a coastal city which is turning out to be the headquarters for its many operations in China. This
      ARTHUR LEE  -  461 words
    • REGIONAL COMPANIES
      • Article
        Maybank, 3 other KLSE counters suspended
        388 20  -  Talk of banking giant, DCB, Kwong Yik, Hnssain ratting major deals By Ven Sreenivasan [SINGAPORE] Four Malaysian stocks Malayan Banking, DCB Holdings, Kwong Yik Bank and Rashid Hussain were suspended yesterday, amid market talk that they were going to cut major deals with one
        388 words
      • Article
        Sime Darby unit set for new ventures
        237 20  -  Philippines unit to go into property, trading, marketing From. Al Labita in Manila A PHILIPPINES-listed unit of Malaysian tyre-maker Sime Darby will embark on property development, trading and marketing to offset the loss of its flagship tyre business. Sime Darby Pilipinas (SDP) told
        237 words
      • Article
        Lock icon Nava Finance's net profit down
        132 20 Bloomberg Business News [BANGKOK] Nava Finance Securities pic, which this year took over Standard Chartered Securities, said yesterday that net profit in the third quarter fell 25 per cent from the comparative period a year earlier, to 180 million baht (Sslo million) because of low-
        Bloomberg Business News  -  132 words
      • Article, Illustration
        Lock icon Budget boost seen for KL shipping, haulage firms
        365 20  -  By' Ven Sreenivasan [SINGAPORE] The upcoming Malaysian budget is expected to give shipping and haulage stocks a strong boost. Analysts expect shippingrelated stocks to surge on the back of a slew of incentives that could be unveiled by Deputy Prime Minister and
        REUTER  -  365 words
      • Article
        Lock icon Samanda shares fall after accord to buy timber companies
        246 20 Bloomberg Business News [KUALA LUMPUR] Shares in Samanda Holding Bhd dropped 7.1 per cent yesterday after it said it had agreed to buy several timber companies from the WTK group for M 5837.5 million (***** million) in cash and stock. Shares
        Bloomberg Business News  -  246 words
      • Article
        Datacraft Asia gets profit guarantee
        325 20  -  By, Annette Pau [SINGAPORE] Datacraft Asia has secured a US$l million (Ssl.4 million) profit guarantee as part of a deal to buy Datacraft New Zealand. The guarantee, extended by vendor and Australian parent Datacraft Ltd, will be for the current financial year ending June 30,1997.
        325 words
      • Article
        Lock icon Lien Hoe secures M$500m contracts
        229 20 Bernama [KUALA LUMPUR] Lien Hoe Corporation Bhd has to date secured construction and property development contracts worth more than Mssoo million (Ss2B2 million). Managing director Chan Wah Long said yesterday that the contracts were being undertaken by its three construc-tion-based subsidiaries Lien Hoe Construction Sdn
        Bernama  -  229 words
      • Article
        Lock icon Ayer Molek wins HK$60m HK deal to automate courts
        223 20 Bernama [KUALA LUMPUR] The Ayer Molek Rubber Company Bhd has been awarded the tender to automate court proceedings of 62 magistrate courts in Kowloon and the New Territories in Hongkong worth HK$6O million (Ssll million). The contract for the provision of
        Bernama  -  223 words
      • COMPANY Briefs
        • Article
          Aussie nod for Apollo hotel purchase
          70 20 [SINGAPORE] Apollo Enterprises has been granted approval by the Australian Foreign Investment Review Board to buy the four-star Waratah Central Hotel Sydney for As3s million (Ss39 million) through subsidiary Laudet Pty. The hotel will be renamed the Furama Hotel Central, Sydney, and will be
          70 words
        • Article
          Lock icon PT Bakrie van gets green light
          60 20 AFX-Asia I JAKARTA! PT Bakrie Investindo, the parent company of PT Bakrie and Brothers, has received government approval to produce vans next year with an initial investment of around US$lOO million (SII4I million), company president Anton Setianto said yesterday. He told The Jakarta Post
          AFX-Asia  -  60 words
        • Article
          Lock icon Renong ties up with network company
          49 20 Bernama [PETALING JAYA] Renong Solutions (M) Sdn Bhd (RS) has teamed up with a Hongkong-based worldwide supplier of switched networking solutions, Madge International Ltd, to tap the potential for such an infrastructure system in the Asian region. The agreement was signed here yesterday.—Bernama
          Bernama  -  49 words
        • Article
          Lock icon 3 more counters in M'sian CDS
          55 20 Bernama [KUALA LUMPUR] Three mainboard counters, Kumpulan Guthrie Bhd, MBf Capital Bhd and Amsteel Corporation Bhd, will be included under the Central Depository System (CDS) with effect from Nov 19. Under the CDS, the securities of the three counters must be deposited into the
          Bernama  -  55 words
      • Article, Illustration
        Lock icon Takashimaya triples interim profit to 8b yen
        398 21 Japanese retail group forecasts 14b yen earnings for fall year on revenue of 1 trillion yen AFP, Reuter [TOKYO] Japanese retailer Takashimaya Co said yesterday parent pre-tax profit surged 197.4 per cent from a year earlier to 8.12 billion yen (5J101.5 million) in
        AFP,; Reuter  -  398 words
      • Article
        Lock icon BP in Shanghai US$2.5b venture
        364 21 Deal with Shanghai Petrochem to develop ethylene plant Bloomberg Business News [BEIJING] British Petroleum Co and Shanghai Petrochemical Co (SPC) yesterday signed a letter of intent to develop a US$2.5 billion (553.52 billion) joint venture ethylene plant in China. Both companies would take 50 per
        Bloomberg Business News  -  364 words
      • Article
        Lock icon 2 new indices for Aussie exchange
        135 21 Reuter [SYDNEY] The Australian Stock Exchange (ASX) said yesterday it would introduce two new sector indices to cover the telecommunications and the infrastructure/utilities sector from Oct 30. ASX said the two new indices represented significant growth areas of the market. It said the new
        Reuter  -  135 words
      • Article
        Lock icon K C Kuok on Amatil board
        87 21 Reuter [SYDNEY] Australia's CocaCola Amatil Ltd yesterday said it had appointed Kuok Khoon Chen as a non-execu-tive director of the company. It issued 46 million shares worth A 5667 million (*****.04 million), or 9.275 per cent of the company's issued capital, to Mr Kuok
        Reuter  -  87 words
      • Article
        Lock icon NEC in chip research tie-up with Lucent
        282 21 AFX-Asia [TOKYOJ NEC Crop said it agreed with Lucent Technologies, the former microchip production unit of AT&T, to research and develop jointly microchips with 0.18 micron processing technology. The Japanese company will aim at launching next generation microchips by 2000, using this technology.
        AFX-Asia  -  282 words
      • Article
        Lock icon Thai finance firms' Q3 not as bad as expected
        472 21 Finance side holding up well; non-interest and securities businesses hit Reuter [BANGKOK] Third-quarter results from major Thai finance and securities companies released on Monday were poor, but not as bad as most investors had expected, analysts said. "Generally, the results weren't
        Reuter  -  472 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon IBM margins fall, revenues hit by currency swings
        418 22 Revenues up in Asia, North, Latin America; but flat in Europe Reuter SARMONK, New York] Interlational Business Machines ?orp said its overall gross profit margins fell in the third quarter versus a year ago and Currency fluctuations had a negative impact on
        Reuter  -  418 words
      • Article, Illustration
        Lock icon Pearson shares soar on takeover talk
        492 22  -  BSkyß and US party migfrt be launching £4b bid: report From Neil Behrmann in London SHARES in UK media company Pearson surged yesterday on rumours, later denied, that the company would be taken over or would seU key assets. The rumours, which came just
        Source: Bloomberg  -  492 words
      • Article
        Lock icon French 'white knight' may bid for Thomson Multimedia: report
        381 22 Mo such counter-offer and too late for a new challenger, says govt Reuter, AFP [PARIS] A French "white knight" could make a bid in the coming days for Thomson Multimedia, the consumer electronics firm tipped until now to be hived off
        Reuter,; AFP  -  381 words
      • Article
        Lock icon Deutsche Telekom shares to be priced at 25-30 marks
        406 22 IPO may raise op to 17.25b marks for phone company Bloomberg Business News, Reuter [BONN] Deutsche Telekom said shares in its initial public offering next month will be priced at between 25 Deutschemarks and 30 marks, raising as much as 17.25
        Bloomberg Business News,; Reuter  -  406 words
      • Article
        Lock icon C&W close to taking over Videotron: reports
        168 22 Reuter [LONDON] Cable Wireless pic is close to buying control of Videotron Holdings pic, the British cable arm of Canada's Le Group Videotron Ltee, two British newspapers reported on Sunday. The Sunday Times and The Sunday Telegraph reported that C&W was close to
        Reuter  -  168 words
      • Article
        Lock icon Eurotunnel plans to cut 20% of workforce
        194 22 Bloomberg Business News [PARIS] Eurotunnel, the debtridden operator of the Channel Tunnel, yesterday said it plans to cut a fifth of its workforce by 1998 to quicken its drive to profitability. The announcement, expected today, will come two weeks after the company reached
        Bloomberg Business News  -  194 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Morgan Stanley in talks to buy Barclays' custody unit
        223 24 Bloomberg Business News Reuter, AFP [LONDON] US investment bank Morgan Stanley is in talks to buy the global custody business of the British retail bank, Barclays, a Morgan Stanley spokesman said here yesterday. The Sunday Telegraph said Barclays intends to sell
        Bloomberg Business News; Reuter,; AFP  -  223 words
      • Article, Illustration
        Lock icon Booming S'pore market draws Bankers Trust
        301 24  -  Newly-opened fond management office to manage $500 m By I Shiv Taneja [SINGAPORE] The Republic's rapidly growing market for unit trusts was one of the driving forces leading Bankers Trust to set up fund management operations here, senior bank executives said yesterday. Announcing the
        ARTHUR LEE  -  301 words
      • Article
        Lock icon BP-Mobil venture to outsource financial tasks
        400 24 Andwuwi Price Watertorase will divide the work along geographical lines FT [LpNDON] British Petroleum arid Mobil of the US hope to secure even bigger cost cuts from their planned US$5 billion (Ss7 billion) European refining and marketing joint venture by outsourcing many financial tasks
        FT  -  400 words
      • SMALL Change
        • Article
          Lock icon HK Bank gets derivatives licence
          67 24 AFP t* [MANILA] Hongkong and Shanghai Banking Corp has r been authorised by the Philippine Monetary Board to engage in financial derivatives activities. "The licence 1 covers authority to enter into forwards, exchanges of cashflows and options," the central bank of the Philippines said yesterday.
          AFP  -  67 words
        • Article
          Lock icon Credit Lyonnais plan ready by year-end
          62 24 AFP [PARIS] Credit Lyonnais chairman Jean Peyrelevade H yesterday said a privatisation plan for the troubled French bank would be ready by the end of the year. Speaking in an interview with the daily newspaper La Tribune, he said he j also wants to
          AFP  -  62 words
        • Article
          Lock icon Daewoo Sec to set up bank in Romania
          76 24 Bloomberg Business News [SEOUL] Daewoo Securities Co yesterday said it received f Ministry of Finance approval to set up a bank in Romania f with Koram Bank and four local partners before the year-end. Daewoo will hold an 89.99 per cent stake
          Bloomberg Business News  -  76 words
      • Article
        Morgan Stanley experts still bearish about the US
        409 24  -  Its chief economist sees Fed raising interest rates next year on robust growth By Paul Leo [SINGAPORE] Morgan Stanley's market gurus are maintaining their bearishness about the US markets. Chief economist Stephen Roach said here yesterday that "the bear case has been
        409 words
      • Article
        Lock icon Top Japanese insurer to set up in the Philippines
        213 24 Reuter [TOKYO] Japan's biggest life insurer, Nippon Life Insurance Co, plans to set up a joint venture in the Philippines, becoming the first Japanese company to sell life insurance policies abroad. A spokesman for Nippon Life said yesterday that it and
        Reuter  -  213 words
      • Article
        Lock icon Euroyen, JGBs surge
        228 24 SOKELReport Reuter [SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures traded higher yesterday, as players covered their short positions after Japan's elections. Dealers said the threemonth interest rate futures were boosted by a rally in December JGBs, which established a new contract high of 123.72 on
        Reuter  -  228 words
      • Article
        Lock icon CURRENCY REPORT
        173 24 Reuter, AFP li^niton THE dollar was little changed in quiet trading. The German M 3 money supply data, which showed annualised growth of 8.4 per cent in September, were in line with expectations and had little impact. An analyst said sterling is set for "some consolidation" this week
        Reuter,; AFP  -  173 words
      • Article
        Lock icon Nymex crude hits five-year high in Asia
        293 24 ENERGY REPORT Reuter [SINGAPORE] Nymex crude futures hit a five-year high in Asian trading yesterday, as a bull run reignited over worries about stocks of heating oil. The November New York Mercantile Exchange (Nymex) contract, which trades on the Sydney Futures Exchange, hit
        Reuter  -  293 words
      • Article, Illustration
        Untitled
        1318 24 mTEEBAWK CROSS RATES A$ C$ jgt ECU FTr D« HK$ MhNMl V Wm MS U&f+ta NlO Sir NT$ US$ SZ 107S 4.178 0 640 4154 1230 6.166 29.436 ***** 0.899 6.609 2.000 LTtt 29.***** 960 1129 3.641 1013 ***** 20.339 0.502 0.791 0 930 ti75 05% 3 864 uS 5J37
        1,318 words
    • Article
      COMMODITY PRICES
      1676 25 8IC0M FUTURES Oct 21 RUMfR (Muras daft* d SJQpa) RSS1 CONTRACTS cwitiAt) ClOM VoUmm Opt* Moth nm> low Sttt (tonws) Inttrtst Nov 9* 176.25 450 Ok 179.50 178.00 178.25 650 1525 Jan 97 181.75 ***** ***** WO 1750 Ft* 97 182.75 182.50 183.00 100 2150 Mar 97 183.75
      1,676 words
    • Article
      WORLD STOCK MARKETS
      2026 25 •rtH hw *jh AB Ports 266.400 *1 Wtty National 603.600 -7.400 ANedDomecq 473.400 *1 AIMC 105 "1.400 Asda Group TIT 2.600 •ATM 423 6.400 6tCC 299.400 -4.600 BOC Group 861 -7 BRPetroieum 667 8 BTR 254.400 "7.600 Bank of Scotland 272.400 -L600 Barclays 1001 4.600 Bus 796
      2,026 words
    • Article
      Lock icon TOKYO
      1581 25 Reuter □Nikkei MS -30*36 STOCKS closed sharply lower yesterday, after rounds of profit-taking ate away gains posted last week In anticipation of Lower House elections on Sunday, brokers said. Turnover was small as investors retreated into a wait-and-see stance, they added. The 225-share Nikkei Average sank 309.35 points, or
      Reuter  -  1,581 words
    • Article, Illustration
      Lock icon JAKARTA
      683 26 AFP yiCampoffltcMei *127 SHARE prices closed 0.4 per cent higher yesterday on buying of some heavyweight stocks with investors otherwise sidelined on a lack of incentives and the closure of Hongkong's bourse. Aside from cigarette maker Sampoerna and the Astra conglomerate, "there are no major movements evident", a dealer
      AFP  -  683 words
    • Article, Illustration
      Lock icon BANGKOK
      823 26 AFP H SET Index *0.43 SHARES closed marginally up in thin trading yesterday amid political uncertainty and mixed third quarter results from finance companies, analysts said. "The earnings announced today failed to spark trading, though a few companies have outperformed the sector," said an analyst. The SET Index gained
      AFP  -  823 words
    • Article
      Lock icon MANILA
      251 26 AFP P Manila -7«31 SHARE prices fell 0.2 per cent yesterday due to a downward correction from recent gains. The PSE composite Index eased 7.39 points to 3,092.34. Turnover was 7.58 billion shares worth 2.3 billion pesos. The Manila Electric Co A fell three pesos to 105 while its
      AFP  -  251 words
    • Article
      Lock icon SEOUL
      403 26 AFP Composite Index +L 44 SHARE prices closed higher yesterday, helped by gains in financial stocks, brokers said. The Composite Index edged up 1.44 points to 832.62. Turnover was 34.7 million shares worth 592.1 billion won. Risers beat falls 513 to 365, with 134 stocks unchanged. Dongnam Bank was
      AFP  -  403 words
    • Article
      Lock icon SYDNEY
      606 26 AFP FlAllOrimariai +&3 SHARE prices closed higher yesterday on the back of strong mining and banking shares. The All Ordinaries Index rose 8.2 points to 2,363.2. Turnover was 329.5 million shares worth AJ798.2 million. Among blue chip miners, BHP jumped 41 cents to A 517.45 and RTZ-CRA rose 34
      AFP  -  606 words
    • Article
      Lock icon WELLINGTON
      248 26 Bloomberg Business News +C7O STOCKS rose for a seventh day as bond yields declined, traders said. The benchmark New Zealand Top 40-share Index rose 6.70 points, or 0.28 per cent, to 2,367.78. Bloomberg Business News hb m f— ANZBankmq A20 -0.05 *****1 AdvmUfn HMgi U9 -001 WOO UNnZMlMIM 2.75
      Bloomberg Business News  -  248 words
    • Article
      Lock icon TAIPEI
      307 26 AFP HWPhig +*30 SHARE prices finished higher yesterday as bargain hunters were encouraged by positive trade data. "Some investors took a positive cue from heartening export order figures for September and stepped in to pick up cheap shares," said a broker. The TSE Weighted Price Index advanced 9.20 points
      AFP  -  307 words
    • Article
      Lock icon CHINA
      364 26 Reuter FlShanfliiß Shire Intel SHANGHAI B shares closed up yesterday, but trading was dull with the smallest volume since April, brokers said. The index rose 0.21 point to 48.73 on volume of 2.1 million shares worth US$Bl2,OOO. Brokers said some domestic buying pushed the index up but overseas investors
      Reuter  -  364 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares ease on profit-taking
        8152 27 AFX-Asia POompoßto Index -L 59 SHARE prices closed lower yesterday on profit-taking in blue chips which rose last week on foreign buying interest, dealers said. Tenaga Nasional, however bucked the trend, closing up 30 sen at M 510.20 on a spate of positive news, they added.
        AFX-Asia  -  8,152 words
    • WARRANTS & OPTIONS
      • Article
        Right time to buy Kulim wrts?
        3882 28  -  WARRANT WATCH By Paul Leo KULIM warrants, with 2.653 million units traded, was among the most active counters on the local exchange yesterday. The instrument rose three cents to $1.27 while its underlying shares rose two cents to $3.08 with 746,000 shares dealt. No
        3,882 words
    • Article
      CLOB INTERNATIONAL
      2405 28 MALAYSIAN STOCKS Gr Or 1996 Lot Vol Day Last Ouot* Mv Mv YM Nat M Cap HHti Law Stw Company Sata <'0Q0> High Law igf St»x CNr P/t $W 625 360 wi" 47? r<« unci! 3 430 422 420 428 iO 4.9 OJ 8&1 432.9 119 84 ms
      2,405 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1297 29 TURNOVER TURNOVCI C000) VALUI C000) Main CM Tatal Main CM Total industrial 85,204 12.759 97.9*3 tia.724 34,828 153,552 Pinanct 4,840 3.404 8,264 ***** &208 48,519 Hot#4 529 384 913 U5* 580 1.935 Proptftlts 5.403 3.654 9.057 28,309 4,553 32,842 Plantation 1,259 U59 3,701 3,701 Mlntnq 145 145 377 377 BIN
        1,297 words
      • Article
        MAIN BOARD
        4598 29 Gr 6r M Wt 1996 Last Vat Day Last Ovate Dto Olv VM Nat Cap A*« High Law StNa Company Sale ♦/-COOOt Hlg* Law Buyer Seller C*r »mll Price INDUSTRIALS 5146 ASE NTS10 200 US- 1000 900 ASF US$0.***** US900 9S0 90.0 214 165 1258 Acer SOc US180
        4,598 words
      • Article
        SESDAQ
        924 29 Or Or mm L*«t yi Boy Last Om«i W» M. KM M Cat Avf ***> L*» StNa Company Mt C000) H*h La« Bwyor SM*r C w P/l »ma Prtc. SESOAO 289 135 a 2000 A BR HMat Sc 161 Q| 161 3.0 MJ «1 100 6 716 161 90
        924 words
      • Article, Illustration
        HOT STOCK
        73 30  -  *1 Paul Leo THE outlook for Elec and Eltek is definitely bearish, at least in the short-term. Yesterday's eight US cents fail to US$3.OO was accompanied by a strong volume of 10.94 million shares. Morever, the share gapped down its day's high of US$3.O4 was below Thursday's low
        73 words
      • Article, Illustration
        Shares hit 18-month low on non-oil export fall
        947 30  -  STOCK MARKET COMMENTARY Price fall led by commercial property counters; meanwhile, newly listed issues were a hive of activity By Paul Leo [SINGAPORE] Shares fell to their lowest levels in 18 months yesterday as trade data confirmed analysts' forecasts that the economy
        947 words
      • ON THE GRAPEVINE
        • Article
          Good-bye to unlimited spending
          128 30 THE day of reckoning has come for Amex cardmembers. No longer do they enjoy the exclusive privilege of having unlimited spending on their plastic. Under the Monetary Authority of Singapore's guidelines to credit card companies, Amex, although a charge card, will also have to comply with
          128 words
        • Article
          New meaning to 'private' banking
          90 30 IT SEEMS that some private bankers going into Malaysia have been doing business privately, but that's illegal. "We're not supposed to do business in Malaysia unless we have a licence," said a source. He said that recently, one private banker was caught dealing with clients
          90 words
        • Article
          No cheap lunch at the Iras
          93 30 A BT journalist recently visited Revenue House at Newton Road to settle income tax matters. He decided to take his lunch at the building's spacious, comfortable cafeteria. Would he pay subsidised prices, as in the cafeterias at PUB Building (Somerset Road) and Singapore Telecom
          93 words
        • Article
          Discount to die for?
          135 30 THE poor retail market has not deterred shoppers who love a good deal. When Marks Spencer offered a 15 per cent discount to Amex card users on Wednesday, shoppers were there in full force. The savvy worked in pairs. One person headed straight for the checkout
          135 words
        • Article
          Bashful bulls
          135 30 WHERE are all those Singapore-based investors reported in yesterday's BT to be the world's biggest foreign buyers of Wall Street stocks? They're either a bashful lot, or they're not on the Morgan Stanley client list. At a lunchtime client presentation in town yesterday, Morgan Stanley US Investment Strategist
          135 words
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      Page 19 Advertisements Column 1
      178 19 f( o While Others Wwk Hard ffi| Communicate... You Can Rely On Us To Make Communications Woifc For You. At Singapore Comm, you can count on us when it comes to reliable telecommunications systems. But don't just take our word for it. Let our track record of over 8500 installations
      178 words
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      Page 20 Advertisements Column 1
      103 20 t Given our worldwide flight network, it's only a matter of time before you'll fly with us too. Our flight network covers over 100 destinations in more than 60 countries, which means there's hardly a place we don't fly to. And our network keeps growing, as does the number of
      103 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      55 21 Total Facilities Management Company Established 35 years Leader In Field Business Increased 30% per annum on Average Since 1990 Contracts Established With Government Departments Public Companies (AusO Multi-Nat tonal Companies Quality Assurance Program throughout the Company Company Based in Australia PRINCIPALS ONLY Contact: Michael Bristow PO Box 86 Armadale, 3143
      55 words
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      Page 21 Advertisements Column 2
      201 21 ■g I flfl HZs V A' B^JSW v JWf^H v BH T*»hi. f {WTc*«. loutcaM a |jiMii%i < x .in.., B f I Bl >ir ■iinf II HKktaaM V iHhL -V a a I«-««■ w iimw iii »lii iiiMi i u iiiii B B Bit o— >■»«» u jo« nu
      201 words
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      Page 22 Advertisements Column 1
      218 22 1 dflfr j islam' ,ide! Jr JLIS J ACT ABILITY THERE IS VJ* J |j A, MORE THAN V V ONE REASON I V* FOR MAKING jjfjr j/£l f* THE MOVE TO #r TAMPINES M p- JUNCTION r "5 1 .v. 9 j(L—-J fZTfr ,j|r >^T7eV^o- v |<A 1 vrj-*
      218 words
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      Page 23 Advertisements Column 1
      3061 23 BUSINESS Notices •1° ADVERTISE call 1011 -1 KII IXOO-741 ISSJ NOTICE OF CHANGE OF SPECIFIED OFFICE OF WARRANT AGENT To: All holders of Warrants issued by Robert Fleming Co. Limited relating to ordinary shares of Singapore Land Limited (the "Warrants") Dear Sir/Madam Citibank N.A., in its capacity as warrant agent
      3,061 words
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      Page 24 Advertisements Column 1
      85 24 SgLUN<§ YOUR (feOPERTY? Jf\ .jJ Dear Owners ijjLr' Selling properties these days rfojob*> require a property professional w w*~ t0 d 0 the ob Getting the right i jmm V price service is what I give to K V our clients like yourself! Let us It! v W y discuss
      85 words
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      Page 24 Advertisements Column 2
      21 24 SftgßUa Locate its owner through Classification 821 (Found). Simply call C JL.T.S. at 1800-737-1166 for this free service. Another Classified Service
      21 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      97 26 How to enhance your company profile? T„ liihl out. call Joe Tin 2 ll'.l or UoiuiU 7ln _'U- I VJhen the Market gets Going, the Savvy Keep track of the latest Singapore and Kuala Lumpur ms *v>v //»r -m*w 'J* ms P' stock prices on BT Stockwatch— f AfiV S*B»ta»
      97 words
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      Page 28 Advertisements Column 1
      144 28 ■> Send lO free fax«s to«tay! I 11 &XMAILER I I Got an Internet account-try out f Send e-mail to any place in I II IIHB Asia One's Fax Mailer where you I/■ II continental United States from can send e-mail Mi M X Ml Mm 11 K anywhere in
      144 words
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      Page 29 Advertisements Column 1
      49 29 Clipper Chronograph watchm Time makes the difference. DICKSON WATCH JEWELLERY (S) PTE LTD H IA vvhdly owned subadary of DICKSON CONCEPTS (INTERNATIONAL) LIMITED) 391 A Orchard Road Njee Ann City #17-06 Singapore *****3 A,,U,blc DICKSON WATCH JEWELLERY: The Promen.de. Sun.ec City. HERMES BOUTIQUE: li., Tower. D«iimru. Takashimaya Abo .v^
      49 words
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      Page 29 Advertisements Column 2
      29 29 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 30 Advertisements Column 1
      341 30 BUSINESS Notices TO ADVIRTISK CALL 101 I -1 K I I ISOO- 7 4 t IXX.M NOTICE IS HEREBY GIVEN that, I Antoine Danaraj of Blk 210 Bukit Batok St. 21 #06-190 Singapore *****0, have applied for a First Class Beer House in respect of M/s Singapore Technologies Automative Ltd
      341 words
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      Page 30 Advertisements Column 2
      333 30 LIQUOR LICENCE APPLICATION NOTICE IS HEREBY GIVEN that, I Ong Chew Hong of Blk 7, Toh Yi Drive #06-275 Singapore *****7, have applied for a First Class Beer House in respect of M/s Renaissance Properties Pte Ltd located at 18 Raffles Quay Lau Pa Sat Festivial Market Singapore *****2, and
      333 words
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      Page 30 Advertisements Column 3
      397 30 LIQUOR LICENCE APPLICATION NOTICE IS HEREBY GIVEN that, I Ang Geok Tin of Blk 21, Dover Crescent #13-346 Singapore *****1 have applied for a First Class Beer House in respect of M/s Kopitiam (Lau Pa Sat) Pte Ltd located at 18 Raffles Quay Lau Pa Sat Festivial Market #01-K1 Singapore
      397 words
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      Page 30 Advertisements Column 4
      28 30 A quick look at the markets. "For Financial News, call 1900-913-0001, at 30 cents a minute. MORE NOTICES ON PAGE 23 Singapore Business -Giving you the winning edge
      28 words
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      Page 30 Advertisements Column 5
      203 30 This announcement appears as a matter of record only ©DBS LAND DBS LAND LIMITED LISTING AND QUOTATION OF *****,000,000 PRINCIPAL AMOUNT OF 7.5 PER CENT. UNSECURED FIXED RATE BONDS DUE 2000 Arranger and Lead Manager Schroder International Merchant Bankers Limited Issuing and Paying Agent Schroder International Merchant Bankers Limited &Schroders
      203 words
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      Page 30 Advertisements Column 6
      259 30 THE COMPANIES ACT, CAP 5# NOTICE OF RESOLUTION HENC LAI COMPANY (PTE) LTD (la Mcibtrt' Vot—taryLiqrtdHoa) At an Extraordinary General Meeting of Henf Lai Company (Pie) Ltd duly convened and held at Blk 2 Upper Pickering Street *02-03 Singapore *****2 on 1 Sth October 1996 at 10.00 am the following
      259 words
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      Page 30 Advertisements Column 7
      26 30 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. CAT■& Another Classified Service
      26 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      309 31 Bridge News, Reuter THE Baltic Freight Index's jump of 23 points to 1,118 last Thursday was no surprise to owners and charterers. Brokers considered that Capers appeared to be in stronger demand in the East where a possible slight improvement for Handy-sizes was also noted. GRAIN A large
      Bridge News,; Reuter  -  309 words
    • Article
      MARITIME STOCKS
      273 31 so 000 MB 1* CWT DMrttullon—V.04 -0.01 90 Cft—«Hu» 0.935 until 21 Ceaco Mertment —ISO *0.03 79 1*15 *-70 until 254 FretaMLtato 0.65 -002 ft CSHeMngs 0.865 -0.015 19 Mai Sun Hup a 99 until Vtt HttecN 2osen 0.605 *0.005 73 IMC MK5.60 JpyeHeMn«( 1.03 *0.01 10 jurera
      273 words
    • Article
      South Africa's Safmarine sets up China desk
      337 31  -  Its subsidiary will handle containerised shipments from Cape Town By. Felix Chan [SINGAPORE] South African shipping line Safmarine has set up a China desk to handle containerised shipments to and from China. It will be operated by the group's non-vessel-owning arm Saferoute/Trutainer, out
      337 words
    • Article
      Lock icon Taiwan may expand plan for direct links with China
      192 31 Bid to attract more foreign shipping firms to join its plan Reuter [TAIPEI] Taiwan's communications ministry said yesterday it was considering expanding its plan for direct shipping links with China, in a bid to attract more foreign firms to join its
      Reuter  -  192 words
    • Article
      Lock icon Cyprus shipping register acts to meet convention standards
      267 31 Reuter [NICOSIA] Responding to European Union concern over the safety and quality of its shipping register, the fourth largest in the world, Cyprus has announced a drive to meet international convention standards by early next year. Communications and Works Minister Adamos Adamides
      Reuter  -  267 words
    • PORT Shots
      • Article
        Support for heliport at Futenma Base
        79 31 [TOKYO] The Shipbuilders' Association of Japan has given its support for a plan to build a floating heliport as an alternative for the Futenma Base in Okinawa. Tests of a pontoon-type megafloat are currently under way by Sumitomo Heavy Industries off the coast of
        79 words
      • Article
        Brother takes over as OOIL acting chief
        64 31 [HONGKONG] C C Tung is taking over as acting chairman of Hongkong shipping line Orient Overseas International Ltd, pending appointment of a new chairman by the board of directors. His brother Tung Chee Hwa resigned as chairman and chief executive officer to pursue
        64 words
      • Article
        P&I clubs ask members for more money
        82 31 [LONDON] Two P&I clubs are asking their members for more money. Ocean Marine Mutual is to levy a 50 per cent supplementary call to raise US$3O million (5542.3 million) while Newcastle P&I Club is making an additional supplementary call to raise US$2O million.
        82 words
      • Article
        Cargo declines at Dar es Salaam Port
        66 31 [DAR ES SALAAM] The volume of imports and exports handled by the National Shipping Agencies Company (Nasaco) of Tanzania between January and September declined to 2.53 million tonnes from 3.06 tonnes in the same period last year. The local paper Daily News quoted
        66 words
    • Article
      Lock icon US delaying shipbuilding accord, says OECD
      249 31 AFP [PARIS] The failure of the US to ratify an OECD agreement intended to secure a level playing field in the world shipbuilding industry could further distort competition in this area, the Organisation of Economic Cooperation and Development has warned. The July 1994 accord
      AFP  -  249 words
    • Article
      Lock icon MISC orders 2 container vessels
      139 31 Bernama [KUALA LUMPUR] Malaysia International Shipping Corporation Bhd (MISC) has ordered another two 1,200 TEU (20-foot equivalent unit) container vessels from Daewoo Heavy Industries Ltd and Daewoo Corp of South Korea. The two vessels are due for delivery in June and October 1998, respectively, MISC
      Bernama  -  139 words
    • Article
      Lock icon Many Vulkan creditors may not get any money
      172 31 Reuter [FRANKFURT] The receiver in charge of winding down German shipbuilder Bremen Vulkan has warned that many creditors could end up emp-ty-handed when liquidation proceedings were finished. Jobst Wellensiek estimated preferred claims by creditors at around 3 billion marks (552.75 billion) and
      Reuter  -  172 words
    • Article
      Lock icon Maritime tribunal judges sworn in
      227 31 Reuter [HAMBURG] The United Nations has sworn in 21 judges for a world maritime tribunal in the German port of Hamburg, launching a unique court with jurisdiction over three-quarters of the earth. UN secretary-general Boutros Boutros-Ghali presided over the ceremony in Hamburg's city hall late
      Reuter  -  227 words
    • Article, Illustration
      Lock icon Fall in refrigerated cargo fleet
      929 32 PALLETISED VESSELS: CONVERSIONS IMPROVE PRODUCTIVITY High levels of scrapping and fewer orders for new ships have resulted in a 4 per cent decline in the number of vessels tn the world's gradually ageing refrigerated cargo fleet continuing the trend since the plunge in freight rates
      Lloyd's List; FILE PHOTO  -  929 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      289 32 PACE UstnuJ 2 ACl n ECl 6 Aeiocean 13 EB u •AMI 3 E,tM opnfi Abie 13 turoh s 6 Accord 12 E«W 6 Ahrenkiel 4 famous 7 A nsh,p 4 i o<x J Astro 3 foongsun 12 Austral tl ["J* Avant 6
      289 words
    • Article
      SHIPPING GUIDE
      15061 38 EXPORT ETA ETA Advartisar Vnul Voyaga Tatapnona ETA ETA Atfvartrwr Vassal Voyaga Tatophona SIN Dtst'n Nkm Nam* NumOar NumOar SIN Dast'n Nam* Nam* Nunttar NumOar <*v *■■•.■<■ 27/10 20/W TSK ACX SWAN 24*A **22*13*3 A 27/W 21/10 Avant KOTA MUL.A MUUW1 *******55 .U...I ,.uu» Iinut 4/UU 21/10 30/10
      15,061 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        836 45 Vtm< Voy Mo BftN Arrtvl Departuro jmim 1MB mm «J8 J12 2210/2300 r unut nm jo< 22 8/0000 IhM 9/* JO) 2210/0*00 M 20* US* JM M*0MO* 228/0500 WWW) ID J02 ilMpili 2210/2300 mm to 293/* jn 22 8/isoo MM 3 0)11 J02 MXfMt 2410/0700 PM MM 8/M
        836 words
      • Article
        CONTAINER SCHEDULES
        1693 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Doofcioq/D timet kstts Ship Voy No Etb/tr Ported from To Frow UiMM 44*1 23/0*00 U 2V7500 2VMM 2V7*00 J 22/0700 22/H5* 22/MOO 4 22/1200 22/MM 22/1700 UMVW* (Ml 22/1500 M 2V600 2VMM 2VWOO *—i-r- oiai 21/2100 a 21/1700 22/Mn 22/ONO
        1,693 words
      • Article
        GLOBAL HOLIDAY
        178 45 OCT 18 Azerbaijan: Independence Day. ocrao Guatemala: Race Day/Discovery of the Americas. Out 21 Hong Kong: Chung Yeung Festival India: Dassera. Kenya: Sunday's Kenyatta Day. Honduras: Armed Forces Day. Oct 23 Thailand Chulalongkorn (In Remembrance of King Rama V). Hungary: Anniversary of 1956 revolution. Oct 28 Kazakhstan Market
        178 words
      • Article
        COCKETT BUNKER MARKET REPORT
        674 45 THIS report, compiled by Cockett Ma line Oil Ltd. shows price ranees in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and
        674 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        484 45 C«tM HO Mii W2.6 10 17.* 0.10 55 C 09 OctM BMtttr «*t*r HtMw At* UmWm Si—iM Mo Mom I2i 10 9 0 0 7 U0IM 997.5 0J 13.9 0.07 II 0 00 Im 390 Mu 991.5 1.1 19 9 0.11 SI 0.0* w Ho Mom
        484 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Air Liberie staff wants to see takeover bids
        298 46 Reuter [PARIS] The 1,400 staff of ailing French regional airline Air Liberte, which is under bankruptcy protection, published a full-page newspaper advert on Sunday demanding that they be shown takeover bids made to the administrators. "How is it possible that a company
        Reuter  -  298 words
      • Article, Illustration
        Lock icon Ford faces tough task ahead in sluggish European market
        397 46 US car maker needs to restructure operations, cut costs Reuter [DETROIT] Ford Motor Co, which reported a US$472 million (*****.5 million) loss in Europe last week, faces a long and difficult job to cut costs and jump-start its product line to
        Reuter; FILE PHOTO  -  397 words
      • Article
        Yusen Air to be listed on Nov 1
        149 46 [TOKYO] Yusen Air Sea Service Co, a major Japanese air cargo firm and subsidiary of Nippon Yusen KK, expects to register on the over-the-count-er (OTC) market on Nov 1. The firm was set up in 1955, as a travel agency, but soon
        149 words
      • Article, Illustration
        Lock icon Seoul unveils aerospace ambitions at air show
        336 46 Sooth Korean aeronautical industry hopes to be among world's top 10 after 2000 AFP [SEOUL] The Seoul air show opened here yesterday with South Korea, a proven carmaking and shipbuilding nation, demonstrating its determination to take on the aerospace sector. "The Seoul air
        AFP; REUTER  -  336 words
      • Article
        Lock icon Samsung to take part in Boeing project
        168 46 AFP [SEOUL] South Korea's Samsung Aerospace Industries (SAI) said yesterday it had joined with Northrop Grumman Corp of the US to enter a multinational Boeing Co project for giant passenger jets. SAI said the partnership agreement would allow Samsung's direct participation in development
        AFP  -  168 words
      • Article
        Lock icon Airport and bridge in Three Gorges dam project completed
        237 46 AFP [BEIJING] China has completed the airport and a major bridge in its ambitious Three Gorges hydropower dam project, Xinhua reported yesterday. The Three Gorges airport was completed on Sunday in Yichang city, some 55km away from the dam site and
        AFP  -  237 words
      • Article
        Lock icon US, French aircraft firms vie for US$6b UAE deal
        260 46 Lockheed Martin may lose major part of the order to Dassault Aviation Reuter [DUBAI] France's Dassault Aviation could clinch a major portion of a US$6 billion (SsB.s billion) warplane deal with Abu Dhabi if its US competitor refuses to supply sophisticated
        Reuter  -  260 words
      • Article
        Amex,IBM to try out ticketless air travel project
        185 46 [SINGAPORE] American Express and IBM will be testing the use of an American Express corporate card that allows passengers to go through airport gates without paper boarding passes. The two companies will start pilot test in early December. If successful, passengers can
        185 words
      • LOG Book
        • Article
          SIA gets its fifth A340-300E
          88 46 [SINGAPORE] Singapore Airlines (SLA) took delivery of its fifth Airbus A340-300E on Friday with the sixth scheduled to be delivered on Oct 26. Dubbed the Celestar A 340 by SIA, the A340-A3OOE features Kris World, SlA's state-of-the-art inflight entertainment system, in all three classes. Kris
          88 words
        • Article
          Lock icon Lockheed Martin wins US$75m contract
          77 46 Reuter [FORT WORTH] Lockheed Martin Corp said it received a US$75 million (*****.7 million) contract from Mitsubishi Heavy Industries, as part of its participation in Japan Air Self Defence Force's F-2 production project. Lockheed said it would produce all the aircraft aft fuselages, wing leading-edge
          Reuter  -  77 words
        • Article
          Lock icon Ssangyong to export to Philippines
          97 46 AFP [SEOUL] South Korea's jeep-specialist Ssangyong Motor Co said yesterday it would make a foray into the Philippines auto market with its Musso, a four-wheel-drive sport-utility vehicle. Ssangyong signed a contract yesterday to export knock-down parts of its Musso to Commercial Motors Co of the
          AFP  -  97 words
        • Article
          Lock icon S African airline objects to BA deal
          86 46 Reuter [JOHANNESBURG] South African Airways (SAA) said on Sunday it had lodged a formal complaint with licensing authorities over a franchise agreement between British Airways (BA) and local carrier Comair. A statement said complaints had been lodged with the International Air Services Licensing
          Reuter  -  86 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1830 46 an LH778 1605 0T5 2235 WW* 6A974 2335 0f6 Fafcaoka $0989 1845 SO326 2355 «MMt S0230 1830 0F82 2055 Oftl 1930 LH779 2359 1700 SW90 0105 Aetteri* GA897 1045 GA892 0030 Mava SW87 2320 KL837 1445 KL844 0040 Guangzhou PRC C2354 0925 S0327 1530 KL838 2300
        1,830 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      12 31 Conversions raise productivity of palletised vessels Refrigerated cargo fleet declining. Page 2
      12 words
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      Page 31 Advertisements Column 2
      321 31 Seoul on veils aerospace ambitions Firms seek partners at air show. Baek Page Ihe of Transport j (C r T) is holding a logistics conference > with the theme ""Creating new 4| V advantages through information technology The two-day event, which starts on Oct 31, will featuresS^^r^^^BHT industry experts as
      321 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      579 32 is—papoue CALirofUMA cxpwisi "IdSkc r rabM wsxt coat) ioui*MmcHHx»«in ioioc rasa vor oai yan sa usa rasa j yot [mm ju w |ax sm UMSMT 03W 8/09 M/ 10 M/ 10 07/10 M/ 10 OUOAIMT OM 11/10 11/10 M/» M/ 10 8/10 MOUNT SJW 07/1* 10/10 10/10 14/10 11/10 WHTtUWUN
      579 words
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      Page 32 Advertisements Column 2
      658 32 CALL US... IMB^ ANYWHERE, ANYTIME. to the demanding world of marine With a wortdiMde sup|ily nelwoft of lubrication, the efficient servicing of more than 550 ports in over 70 customers' vessels remains one of the counties, CasW continue to provide prime of a lubricant the level of service on which
      658 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1063 33 PAOFK SOUTH WEST EXPRESS (DiRECT) 1 Ivesa Iwr 1 m Iswra Isieip ux m wa» oo mtc m wu miHMUIC 0001 14/10 10/10 17/10 01/11 1/11 <»/" •Z/jJ g/jj g*/jJ —g*4^— rrrrr— mrmim W «7io~ nTIT WiT ITT 12/11 n/» n/» 12ZU 11ZJJ—'V 11 APIGMA 01* a/10 W/10 30/10 IS/11
      1,063 words
    • Advertisement
      Page 33 Advertisements Column 2
      2365 33 (g) HANJIN SHIPPING USA CANADA* UM MAM./VOT pSS SM SLt TIW TOT Of OTT DBI W W >0S WTC |Of TV TTI TM. TTC TW h.whb qui a/io~ m/io ii/n ""u/n is/ii" 17/n 17/n 10/11 u/11 10/11 m/u u/n u/n b/ii m/ii u/n m/ii gfli u/n i»/n H.TOOOHAMAMII M/IO 31/10
      2,365 words
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      Page 34 Advertisements Column 1
      1248 34 fiT DSR-SEHATOR in Round the World Container Services FROM UK/CONTINENT «WL VOY SM WW MV MM FIX AWT LHA KtHft WrUWIIWIWWMWW CMOYMB MOSCOW WH47 OH Mll 1111 1111 17.11 1111 Mil CHOYMMGIANT 1844 KR MM MM Mil Mil MM 17.M NMMUOMUM WM43 Mil 17.11 1111 *1.11 Zt.ll CMOYMHOUWT EEM9 MM
      1,248 words
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      Page 34 Advertisements Column 2
      1036 34 I NORASIA I I vessel w* «n n£"| ooalas bclval au» hot ant vwl lna I ■JSJiS* "lil 22! Sfi 11/11 92 1 17/11 wn 14/11 ivii ivii wii "J*f *2J *vm wii 21/11 i7/ii wi 2MI 11/11 a/ii a/ii 24/11 52 2Si !KJ 17/11 0/11 17/11 W1 *vn 12/12
      1,036 words
    • Advertisement
      Page 34 Advertisements Column 3
      74 34 H 1 SHANGHAI HAI HUA hasco SHIPPING COMPANY OIRECT OCRVICC BETWEEN SINGAPORE AND SHANQHAI TRANSIT THNC 7 DAYS (WE 6PECIAUSE IN DANGEROUS AND HEAVY LIFT CARGOCO ALSO ACCEPTING CARGO DELIVERY TO INLAND POINTS) KM CIA VESSEL VOY SPORE SHANGHAI NANJING /9613 20/10 29/10 <NNtr CWm Facte S«q«ct Indue wwnt AfMN
      74 words
    • Advertisement
      Page 34 Advertisements Column 4
      380 34 Direct Container Service to Fangcheng Zhanjiang m Vessd S'pore Fangcheng Zhanflany UANBAO 3VK> 05/tl 07/T1 Pi n/ORTnSn^. TH: 45-*****67 FAX: 4S-H4»W Mi PmpuM RO/10 Carter Accapttoy: RO/RO, Ramp Capodty wpto 40 fam Haavy Lih tph 6SJ torn Cmm*md/9n4 hi /CmtwkM/imhn CmMm ThdfhgStvtn VJ3A SUB aratT SUED 25-27/10 **lyw» VJ4A 25-27/10
      380 words
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      Page 35 Advertisements Column 1
      1313 35 STRAITS SHIPPING PTE LTD 10 H©e Chiang Road #11-01 Keppel Towers Singapore 0208 Tol: *****88 Fax: *****17 tMMI» IHHW COMYHttKHUI SIIVKI |H0 (HI «UMH -mu <OWT«W« SHVIU Imsa j vot m* u |vissa vor n*sw(T!n'l nAxumjis) VWMI I M/»0~ 31/10 >1/11 MWIMUIOY VHIO6 JIZI4 EZ!S nmnsm mm I w/Ti ts/n
      1,313 words
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      Page 35 Advertisements Column 2
      1715 35 WtECT CAU TO KAOHSIUNG, TAIWAN 1 SAILING EVERY MONOAY I WITH SHOUT TRANSIT Of 5 DAYS J I u» gSS ££T SSSS/« S&SWu.SMM.I aWOe *****11H1M roWBTWOOM—f) COWVBmOMAi WMM/M 1/MHWKfT 42tSttS IE: 82-87-1S M 144 NUL IM7-35M171 Vissa/YOTAGI SOP MU SNA 11 M H N M VBSBAOMI H I 1 H
      1,715 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1088 36 PI ißflPf/iiifynr i mow AV A >y itii EUtwrT/w/awww>iA¥HV. j—inwa sSFI ROM AMW HBG TUP ZEE LHV LHV IMP ROM AHW HM Pitt. MP E RESULT RW-818 tint 11/11 18/11 W1 IVII IVII IBfll E BA*LA*O 2MB 81/18 NM Blflß BSflB Mflß SBflß I. ROYAL RW-BZB 12/11 21/11 n/11 2VII
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      Page 36 Advertisements Column 2
      967 36 I iaan VfSSfl VOYAGt Iff IN Ml MM HI m IN VtSSB VOTMI DUO Ml DM MM SOP UNCOKOIO 04*43* M/ 10 OVII 04/11 05/11 04/11 OS/11 05/11 MCMN *****2H 11/10 14/10 15/11 14/10 11/10 UMCOMMA *****HH 11/11 10/11 11/11 U/11 IVII 11/11 11/11 MOMUtD *****2* 71/10 72/10 OS/1I Aho
      967 words
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      Page 36 Advertisements Column 3
      511 36 Ira WCMRELP MAIONC AQENQES (S) PTE LTP UTEL *****33 (12 UNES) FAX: ***** IS/*****03 TELEX: RS ***** MSMP (3 Una*) CR NO: **********0E fuSi EiMtPiMMmnun J (Nmtionrt Line* of Ethiopia) ACCEPTING FCL AND CONVENTIONAL »mil I Voy ETA Loadtig tar I NKmml I 44W8 22/10 AndM 40WB 18/12 H KIEN
      511 words
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      Page 37 Advertisements Column 1
      697 37 BSA M MYANMA wBBk FIVE STAR UNE T (HyMMMT Natioool Dm) W ll«fc| for Yaifll (RIHfOM) Vtssa VOT SM PW MM PfiU AVA IS7W SIO FAfiAN I JAW M PT ■AUTSIA ACtNTS: NMSTIAO SUPfMO AGMCKS Hit m IMS-MI7SM ML- m n-IS-S7MUI MM TH M-44-MIM4I Kfc m M-47-MUSII/4 BANK LINE (A
      697 words
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      Page 37 Advertisements Column 2
      958 37 HYUNDAI MERCHANT MARINE CO* UP. WESTBOUND TO EUROPE BKCfc *****32 m m m vma/voT vw jsil im I tia w I hmi|h hi uTh iiTS \TJ%T~ NT.IMMtt MIW »/M U/11 M/ll 14/11 14/11 14/U 14/11 II m n/M M/M NT.AMMAL *SW 11/11 M/ll 11/11 11/11 n/11 M/M M/M 91/14 NT.NWRBS
      958 words
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      Page 37 Advertisements Column 3
      432 37 FAMOUS CONTAINER UNES JIBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) Twice Sailing To j UNtTEDKINGDOfcI DIRECT SAILING TO SOUTHAMPTON FELIXSTOWE Please call for J FAMOUS MOLLY aa A *****33 P. KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10 UNES) J. BAHRU PH: 0207-*****22 CWT
      432 words
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      Page 39 Advertisements Column 1
      40 39 To retrieve more schedules, just follow these simple steps... document 740-Gooo^^^^^^^ tep b** the port StepJl'▼ Step-©hd key in the four number digit code—^ J Key in your &*npl«: r-*-. fax number To 2275 United States for caUs within Singapore
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      Page 41 Advertisements Column 1
      524 41 Wo«kly LCL A FCL f A|jlfl3| Service* to Caribbean W fT mmp tZG Central America SI MISTRAL DORTHEMAttSK 003E 9611 Port Country 22/10 29/10 Mlz« City Wiz« 25/11 02/12 Bridgetoom Barbados 28/11 05/12 Cortogena Colooibta 27/11 04/12 Castries St. Lucia 27/11 04/12 Fort ck Franc* Mortinnfj* 28/11 05/12 Fr—port Bahamas
      524 words
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      Page 41 Advertisements Column 2
      1168 41 ADVANCE CONTAINER LINES (PTE) LTD ML I Z I*o C«c* Street, #12-00, PH. BuHcMng. Singapore *****0 I. I TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL Cfl NO. **********0E BANOKO* JAKARTA (5 t§ pat. uy« t i»iiCMi it s»ihh«/wm» sm vissa Ivor 35 Sm vcssa WT MW WW s Ji/IO
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      Page 41 Advertisements Column 3
      825 41 |CR NO: *****X***** VESSELS VOY SX MMTT> ILEHAMRE HAMBURG THAKOPOWT ROTTERDAM MtVMBIP VILLE PAOULA AI7W 2*lo 08/11 I*ll I*ll 21/11 22/11 24/11 VELEDECARMA CI7W o*ll 18/11 25/11 28/11 2*ll 2*ll 01/12 V*_LE DC SAOTTA SI7W 12/11 23/11 08/12 00/12 06/12 01/12 08/12 VILLE DC NORMA NI7W 30/11 o*l2 I<Vl2 12/12
      825 words
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      Page 42 Advertisements Column 1
      1564 42 vessel Tvov Sn jkt [vessel vqy sin pen J— »n, CT ,n C Tut lln Pt St I 26/10' «715_ Tu. tn Pt~ Thu I 24/10 M| IVESSEL voy SIN I MCK qanta bhuw 15S w«t gyio »yn yt 19 NAWTA BHUM 317N Tu» In Pt St 20/10 WAHA BHUM
      1,564 words
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      Page 42 Advertisements Column 2
      968 42 VtMSI |W MM I CTM IvUML VOY I MM CCU COWSISTINCI 331 THU 1 34/10 WKD 1 30/10 IxOW MWOAPOWT 221 lott 135/10 WH> |30/10~ DAFU 003 1 SUN ***** SAT 03/11 BIAOU CIOUO 256 Wt~ 39/10 TUt 05/11 PADMA 1517 IHM 101/11 iTHU 07/11 BiHOTSi 320 |SAT 102/11 THU
      968 words
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      Page 43 Advertisements Column 1
      641 43 f SINO BXPRESS SHIPPING (PTI) LTD. I 11 COLLYER QUAY #0«-01 THE ARCADE SINGAPORE *****7. W m TEL: *****90 (4 UNES) FAX: *****98 TLX: R*****1 SINOEX SINOTEANS SHANGHAI (CONTAINER SiRVICE) Also accepting container cargo to: VtSSEI/VOY ETA SIN ETA HKG ETA SHA W/T HKG: Beifiao, Oliwan, J.HFU 9623/9624 24/10 29/10
      641 words
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      Page 43 Advertisements Column 2
      396 43 peum'ioSnSr wwaAw'Siiwaeo Ktaumtmrnmn jKtmmmwwo*m)—m HKG ETA FREMANTLE ETA "LA SEINE" V.6406 24-10 'B.OELIMA* V.437 28-10 PKG FXT/RTW/HAM *B. SEROJA" V.6431 24-10 'HY FEDERAL'V.3OIW 28-10 BKK SYD/MEL 'BASTION'V.94S 24-10 "A. AUSTRALIA'V.74S 24-10 MNL TYO/YOK/UKI/OSA 'N. BERYL VSIN 25-10 'ASIAN POLLUX* V.412 27-10 GOA/BCN AUCKLAND 'DAINTY RIVER'VOO42W 26-10 'PRESTIGE* V.2IS 26-10 I
      396 words
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      Page 43 Advertisements Column 3
      294 43 NICHOLAS 2VIO 02/11 RArYAtw/UK/Nar I PU km aS! 8S»iS«8!S S I Loads EJ». Mafryata. Indonada ILoadng lor f PAN CRYSTAL l>jbai/BahrwrvT)amnvrvKuwaft I CAPT Y ANN IS L Dutoai/A.Ohabi/t)ohara***rVD«nmmKufi|« I MAKAR Hodaidah/Jaddah/Aqaba/ PL Said I HAUM METE Hodaidah/Jadd*VAq*t» I APJ KARAN CAibai/Bahra4n/T)oha/DammarVKuwait I •Load# Sngapore, EVW Malaysia. Indonaaia > I ILoadng
      294 words
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      Page 44 Advertisements Column 1
      688 44 Shipping Times •"BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. I Turnkey Factory Automation System *Wrf^^l Automated Storage and Retrieval System 1
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      134 45 LEGCNO R Thunderstorm Temperoture c XS, V Shower W»oltw -V Wind direction with speed n knots Rain C_J 9 Cloudy Sky Wove he^ht Swfw* »Wi or* indicated by art** wfecti «y with the wmd Cl) On« H4 circle represents calm or light and voriobl* winds i_>. One halt fleche represents
      134 words
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