The Business Times, 12 November 1996

Total Pages: 42
1 42 The Business Times
  • 22 1 THE BUSINESS TIMES MITA (P) 04(yi2/95 85f S I N G A P O R E Internet: http://www.asial.com.sg/biztimes TUESDAY, NOVEMBER 12, 1996
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  • 5 1 SwaSSSzzuS! 7 4
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  • 33 1 W 5 I [f r *4*?r 'inilUl H'MIl"" ;vrv»*- b'. i yiMSH'" UMan"* rrrt' ■—rr w* -^iiawBwrr «V£< I' 1 1 l' V.!! r |M^' >/,' < >> ■frH r i r* (Source: NatWest Bank)
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  • 681 1  -  Highly Ngnsnted financial markets to become a single market opto to all competitors From, Anthony Rowley in Tokyo JAPAN yesterday put the world's financial markets on notice that it intends to implement a "Big Bang" in its own regulation-ridden financial markets with
    REUTER  -  681 words
  • 440 1  -  By Kenneth James [SINGAPOREJ Singapore's country pavilion at the giant Comdex computer show in Las Vegas next week will feature an intriguing new technology: software that produces stereoquality sound in a personal computer without the need for sound cards. The US-patented technology,
    440 words
  • 52 1 [BEIJING] A signwr iter from Shanghai yesterday pasting letters on the backdrop for podium speakers at the China Summit this week. Speakers at the annual summit include senior Chinese officials and executives of foreign multinational companies. China's economy is expected to grow about 10 per cent this
    REUTER  -  52 words
  • 375 1  -  Caveats this year show 8% are foreigners, almost half Indonesians By. Michelle Low [SINGAPORE] Indonesians are by far the biggest foreign buyers of residential property here, followed by Malaysians and Hongkongers, an analysis of Singapore Institute of Surveyors and Valuers (SISV) data shows.
    375 words
  • Page 1 Advertisements
    • 51 1 IWBPB v nwanKiii WklMwtuflitfi The *15 million buttling in Sungei Kadut will complement the LsngKee showroom/workshop, Pea mowySvwowrSkder the grant property market, M MMI be proud of store which ELPf 14 EDITORIAL t& LIFESTYLE 14-16 COMPANIES 17-30 FINANCE 33 STOCKS 35,36 1 li|gi uf fil 'fi i lip i. I
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    • 6 1 "rv.' ijio.u listeners A m 4
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  • SINGAPORE AT HOME & ABROAD
    • 370 2  -  It will complement firm's Leng Kee showroom/workshop By Christopher Tan MOTOR distributor Trans Eurokars is building a $15 million, sprawling facility in Sungei Kadut Avenue. The bill excludes the cost of the 163,000 sq ft plot, estimated to be around $10 million. Owned by businessman
      370 words
    • 213 2  -  Toh Han Shih SINGAPORE Telecom is reviewing the possibility of scrapping its Callzone or CT2 service less than four months after saying it would not close down the operation. Sing Tel said in response to queries from BT: "All CT2 operators in Hongkong and Thailand have
      213 words
    • 367 2  -  EYE ON THE ECONOMY Costs By Anna Teo UNIT business costs in the manufacturing sector, which barely rose in the first six months of the year, surged in the third quarter largely on account of the low base of Q3 1995. The unit business cost
      Source: MTI  -  367 words
    • NEWS Roundup
      • 110 2 DEPUTY Prime Minister Lee Hsien Loong yesterday said clan associations are in a good position to complement the government's efforts in community development. "They (the clans) have experience enlisting and mobilising the more able to use their management and organisational skills for the
        110 words
      • 96 2 MINISTER without Portfolio Lim Boon Heng yesterday expressed disappointment that the opposition Singapore Democratic Party and the PKMS (Singapore Malay National Organisation) had decided to stick to their cost of living report, which alleged that prices had risen phenomenally. The Cost Review Committee (CRC)
        96 words
  • Page 2 Advertisements
    • 201 2 TT-WVI Wj' ■-{nrv arypw ,<« PERKS FACT J«j Totally Integrated PERKS can be implemented in any company, in any industry and in any country. Straight out of the box -no customisation required. El' It handles complete leave records, stores all the employee nocompromse f A records, can be set up
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    • 106 2 F 1 CHEN FUJI FRIED RICE (New Branch) #02-31 Riverside Point, Merchant Road. Tel: 533 0166 7 Erskine Road. Tel: 323 0260 mm ft 1996 Awarded I 3rd Place in I "My Favourite Dish Poll" m»y>Kuuo!i>inu .afcyT' I during the M Singapore Food Festival, 1 <•> m or 9 aniset
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  • Page 3 Advertisements
    • 38 3 |B®H*SP* s;^^: itt•frir im »ti rj*i_a- i ,< Far torttor MonMtton, pteoM contact Stuttgart Auto at 23 Lang Km Road Singapore *****5. Tbl: 472 4433 Krc 474 3101 t Ecstasy. jr Boxster. Pure Porsche. Stuttgart Auto Pte Ltd ■k
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  • FOCUS: PROPERTY
    • 719 4  -  THE PROPERTY COLUMN Up to $200 m a year may eventually find Its way to the private property market By Lee Han Shih FOR those interested in private properties, one of the most riveting numbers in the Housing and Development Board's latest
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    • 446 4  -  Govt land sales, which make up V* of total, slide for three straight quarters By, Agnes Wee [SINGAPORE] Residential land sales totalling $5 billion were transacted in the first mne months of this year, with fpwrnment land sales Of $3.16 accounting CflfcJwoKrds of
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  • Page 4 Advertisements
    • 439 4 Prime East Coast Residential I Development Site i Location The site is prominently located at the. junction of Fort Road and Meyer Road. Dunman fIRT Ugh School is nearby as is the 0 ruHI HUAU J Singapore Swimming Club. < mm q i Legal Description LOB 8396.3824.4945,292-8, Bjfl 293-8, 292-3,
      439 words
    • 143 4 I FULLY LEASED INDUSTRIAL I I BUILDING NEAR BISHAN I TTjT] 7-storey i industrial bldg Land area mSs W gfa 8 sq Wo&Ssg| 122,282 sq ft Rental income ■li fcPl? exceeds $2.3 M per annum Reputable Close to Bishan ■HAOUIIIUIHHi MRT, CTE, PIE I TENDER 28 Nov For pkmt contact
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    • 122 4 I n i] 3 21 NEW INDUSTRIAL ROAD &'<z-#m y *K w x £$5, 5 Site Area approx. 36,257 sq ft Sale with tenancies Total Strata Area: approx. 83,119 sq ft DGP Plot ratio 2.5 5-storey industrial building Zoning General Industry Excellent investment opportunity with Tenure: FREEHOLD redevelopment potential Chesterton^
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  • Page 5 Advertisements
    • 276 5 I f Tk e new Lexus ES3OO is more I spacious tli an ever. II- v V fi 7. 4 i Fact: Tke world is skrinking. Tkere are only so many room to wriggle your toes. A more spacious car allows Under tke hood, 290 Nm of torque explodes from
      276 words

  • SOUTH-EAST ASIA
    • 379 6 HANOI There are no plans to devalue the currency, says new finance minister Reuter, AFP, Bloomberg Business News VIETNAM could have its first stock exchange up and running before the end of the century, new Finance Minister Nguyen Sinh Hung said
      Reuter,; AFP,; Bloomberg Business News  -  379 words
    • 140 6 KUALA LUMPUR Reuter MALAYSIA yesterday deported the 10 remaining foreign human rights activists who took part in a short-lived conference on East Timor at the weekend and freed a foreign journalist who covered the event. The conference, held ahead of today's anniversary of the
      Reuter  -  140 words
    • 225 6 BANGKOK Reuter A PRIVATE poll research agency yesterday described the campaign for Thailand's Nov 17 election as the dirtiest and most violent since the mid-1970s when student-led democracy groups toppled Thai military governments. The Rajapak Institute said major political parties had resorted to blatant vote-buying,
      Reuter  -  225 words
    • 244 6 JAKARTA Reuter INDONESIA'S ousted minority party leader Megawati Sukarnoputri testified in court yesterday for the first time in the trial of 124 party supporters in connection with riots that rocked Jakarta on July 27. Eyewitnesses in the court quoted her as saying
      Reuter; REUTER  -  244 words
    • 226 6 KUALA LUMPUR AFP MALAYSIA posted a trade surplus of M 1668.4 million (*****.4 million) in September, riding on the back of a 8.6 per cent growth in exports, news reports said yesterday. The surplus contrasted sharply with the deficit of M 5284.6 million
      AFP  -  226 words
    • NOTE Book
      • 44 6 Reuter [MANILA] Prominent businessman KooChen-fti has been designated as Taiwan's representative to the Asia Pacific Economic Cooperation (Apec) leaders' summit on Nov 28, the Philippines said yesterday. Mr Koo also represented Taiwan at last year's Apec summit in Osaka.—Reuter
        Reuter  -  44 words
      • 60 6 Reuter [YANGON] A senior Myanmar government official said yesterday that weekend attacks on democracy leader Aung San Suu Kyi were acts of sabotage from which the government had nothing to gain. On Saturday, Ms Suu Kyi's motorcade was attacked twice hy a
        Reuter  -  60 words
      • 82 6 AFP [MANILA] The Philippines will unilaterally commit to bring down its tariff rates to between 3 pa- cent and 10 per eertt except for certain agricultural products by 2004, officials said yesterday. The commitment is contained in Manila'B "individualaction plan", a document outlining specific
        AFP  -  82 words
  • Page 6 Advertisements
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  • CHINA-HONGKONG-TAIWAN
    • SINO Briefs
      • 63 7 AFP [HONGKONG] Hongkong's trade official* called yesterday for calm in an escalating dispute between China and the United States that could hurt the British colony's lucrative trans-shipment business. "Certainly, we have no Intention of seeing our largest trading partners engaged In a trade
        AFP  -  63 words
      • 100 7 Reuter [BEIJING] China will open bidding for rights to build its huge Three Gorges dam on the Yangtze river next Pebruary and will sign contracts for the project in July, the Business Weekly said on Sunday. Bidding for construction ofthe dam, which
        Reuter  -  100 words
      • 56 7 Bloomberg Business News [TAIPEI] Taiwan government investigators are probing bid-rigging and corruption Into as many as eight public transportation projects worth millions of dollars, Transportation Vice-Minister Hsu Cbih-kwei said. The projects are among 30 identified by a Transportation Ministry committee last month as possibly tainted by
        Bloomberg Business News  -  56 words
    • 212 7 HONGKONG AFP FORMER Hongkong chief justice Yang Ti Liang is the favourite to become the territory's first post-colonial leader, according to an opinion poll released yesterday. But shipping magnate Tung Chee Hwa, believed to be Beijing's choice for the first top job
      AFP  -  212 words
    • 344 7 BEIJING It's more concerned with unemployment than inflation, says KMnwort Benson Reuter CHINA has begun a longawaited reflation of its economy, easing credit on a broad fTont, with credit expansion expected to grow faster in 1997, merchant bank Kleinwort Benson said.
      Reuter  -  344 words
    • 268 7 BEIJING Piynariftna plans to produce 5m tonnes of oil a year Reuter CHINA said yesterday it was holding talks with Iraq on the possibility of signing "massive" oil exploration contracts. The official Xinhua news agency said discussions between China National Petroleum
      Reuter  -  268 words
    • 143 7 BEIJING AFP CHINA has become the latest country to sign on to a worldwide satellite-based telecommunications system scheduled to begin operations in 1996. Globalstar, a subsidiary of US firm Loral Space and Communications Ltd, announced yesterday an agreement with China's Ministry of Post and
      AFP .  -  143 words
    • 301 7 SHANGHAI Reuter A SINO-GERMAN joint venture has opened Shanghai's first wholesale superstore and plans to launch four more in the East China region next year, a company official said yesterday. "This is the first cash and carry store of its kind in Shanghai," said
      Reuter  -  301 words
  • Page 7 Advertisements
    • 577 7 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 O First Capital Property Management Pte Ltd s&: sr (A amber of Pint Capital Cwporatioa Graof) Te1:*****17/*****53/*****32
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    • 145 7 WANTED. DINERS WITH 600 D TASTE. El NEW SET LUNCH/DINNER, AT $38 PER HEAD HLS FOR PERSONS FOR PERSONS AND ABOVE Assorted Braised Meat Assorted Braised Meat Combination V ABBA'S Combination .Superior Shark's Fin in Brown Sauce Superior Shark's Fin in (Individual Serving) Brown Sauce (Individual Serving) Steamed Whole Promfret
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  • ASIA
    • 243 8 ISLAMABAD AFP INVESTORS rushed to withdraw their savings from three state-run financial institutions after the government announced plans to restructure them, a newspaper reported yesterday. Some 270 million rupees (519.1 million) were withdrawn by depositors on Sunday, a normal working day in
      AFP  -  243 words
    • 417 8 WELLINGTON Brash warns efbhore investors that trend of NZ$ rising as in past four years wont last indefinitely Bloomberg Business News Reuter RESERVE Bank Governor Don Brash warned offshore investors that investing in New Zealand isn't risk-free. "Unfortunately, it seems to have become
      Bloomberg Business News; Reuter  -  417 words
    • ASIA Notes
      • 38 8 AFP (TAIPBIj Taiwan's Kuomin tang-run Central Investment Company is to send a large delegation to Japan's Oklnaifc island to survey the investment climate there. The delegation leaves early next month. —AFP
        AFP  -  38 words
      • 39 8 Reuter [SYDNEY) Former Australian prime minister Paul > Keating said yesterday the race debate which has eagtttip the nation was dangerously divisive and an issue best solved by the country becoming a repuhlfc.—Rtuter
        Reuter  -  39 words
      • 31 8 AFP (BANGALORE) Workers preparing the stadium yesterday for the final of the Miss World Pageant on Nov 23. Religious and feminist groups are protesting the contest —AFP
        AFP  -  31 words
      • 61 8 AFP (HYDERABAD) A cyclone which devastated India's south-eastern coast last week may have claimed up to 2,500 lives, the region's top administrator said yesterday. "We have reports so tor that 710 people have died In the cyclone and 900 people are missing," said
        AFP  -  61 words
    • 374 8 TOKYO But positive effects of weaker yen starting to fade: economists AFP JAPAN'S current account surplus dropped sharply In September and for the first half of the financial year, but econoyesterday the positive effects of the yen's depreciation appeared to be fading. "The yen's
      AFP  -  374 words
    • 145 8 SEOUL AFP THE drawn-out trial of two former South Korean presidents for a 1979 military coup took a new turn yesterday after an angry Judge decided to drag another former president, Choi Kyu Ha, into court as a witness to history. The decision came after
      AFP  -  145 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • Page 10 Advertisements
    • 576 10 Congratulations r I n I 1 Dr. Baey Lian Peck JP, BBM(L),O.St.J.,JTLP,D.Sc. Chairman J 'A \f' yj American International Industries Group of Companies f vr> x I Singapore Brunei Malaysia Indonesia Philippines Thailand China Hong Kong Germany USA Russia A v' if v. -*'v \4 5l f v-'v I on
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  • THE WORLD
    • 406 11 BASLE World growth moving in right direction bat vigilance still needed: Bnba chief Bloomberg Business News MAJOR economies are headed for slow inflation growth, although monetary authorities must remain "vigilant", Bundesbank president Hans Tietmeyer said yesterday. The world economy "is moving in the
      Bloomberg Business News  -  406 words
    • 128 11 BRUSSELS Reuter EUROPEAN Union finance ministers formally agreed yesterday what everyone has known for a long time that the single currency will not start next year. The ministers said a majority of countries had failed to meet the Maastricht Treaty criteria for a
      Reuter  -  128 words
    • 346 11 WASHINGTON Optimism pre vail* despite concern about growth slowing down Reuter, AFP PRESIDENT Bill Clinton said in an interview broadcast on Sunday that he was "a little" concerned about the economy slowing down, but his bet was that a period of
      Reuter,; AFP  -  346 words
    • 162 11 MOSCOW Reuter RUSSIAN President Boris Yeltsin will return to work in the Kremlin in six to eight weeks, the head of the presidential medical service said yesterday. Mr Yeltsin will remain in the Central Clinical Hospital, where he is recovering
      Reuter  -  162 words
    • WORLD Watch
      • 62 11 Bloomberg Business News [BONN] Finance Minister Theo Waigel said his plan for 1999 tax reform calls for a reduction of the top income tax rate to 36 from 53 per cent. Mr Waigel said he would also like to lower the lowest income tax
        Bloomberg Business News  -  62 words
      • 93 11 AFP [ROME] Twenty per cent of the population of developing countries, or an estimated 841 million people, suffer from food insecurity, according to data compiled for the World Pood Summit opening here tomorrow. Defining hungry people as "food-energy deficient", a report by the UN
        AFP  -  93 words
      • 73 11 AFP (JERUSALEM] Israeli Prime Minister Benjamin Netanyahu telephoned Palestinian leader Yasser Arafat late Sunday in a bid to overcome the obstacles to Israel's overdue troop withdrawal from Hebron. It was the two leaders' first direct contact since a crisis Israeli-Arab submit held on Oct 1-2 in Washington
        AFP  -  73 words
  • Page 11 Advertisements
    • 449 11 A great place to think. For less than you thought. I $5,6491 fll w Pentium 100 MHz BMB RAM ■HHHHv Windows The ThinkPad* 760 ELD is the affordable answer for highperformance notebook computing. It's perfect for the executive who wants to do presentations on the move, or the person who
      449 words

  • FOCUS
    • 1665 12  -  Global changes and domestic pressures will make it more difficult for the United States to launch new trade initiatives in the near future By- Leon Hadar [WASHINGTON] IN 1994, when the United States played a leading role in persuading 123 other nations to reach agreement on
      FILE PHOTO  -  1,665 words
  • Page 12 Advertisements
    • 188 12 &v' y V s v^ si&&.^■ -i^r*-' < x >£&■*<*#* RB FRFF GIVE YOUR HAIR A NEW LEASE OF LIFE One free hair care service With Hay's Formula, you need no longer worry about hair problems like balding, hair One free shampoo sample with every purchase loss, damaged hair, premature
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    • 7 12 Singapore Business Giving you the winning edge
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    • 159 12 Strategy Seminar January 1997 five-day seminar for experienced senior executives seeking new ways to enhance the effectiveness of your organisations. You wiH Analyse and formulate the overall ihaiogios of ull£ TUP B $C/u)yM your organisations; I 1 *Transkfe your organisational mission and strategy (fOT US BRA) by X into multi-functional
      159 words

  • EDITORIAL & OPINION
    • 760 13  -  THB BOTTOM LDVE kOPINION ':,By Ong Wee Hock The writer was with the Economic Development Board for more than 15 years and was formerly general manager of CSA Holdings AS MANY as two-thirds of the 15 million people of Holland
      760 words
    • 159 13 'If you don't see those comments come in, his inaction could be the highest form of action; -p»ip»k a yen trader, as he and other traders awaited a statement from US Treasury Secretary Robert Rubin about a strong dollar being in the national interest, after the dollar
      159 words
    • 618 13 EDITORIAL DESPITE the Democratic Party's jeremiads and Governor Chris Patten's strictures about the selection process, misgivings about the governance of Hongkong after its translation into a Special Administrative Region (SAR) of China do not seem well-founded. Of the eight candidates for the post of
      618 words
    • 1077 13  -  Knock-on effect of property firm Sueno Kosan's failure on the fragile financial system is a big worry By. Anthony Rowley The writer is BT's Tokyo correspondent AFTER several years during which Japan's financial system has been beset by almost continuous crisis and when its collapse has frequently
      FILE PHOTO  -  1,077 words
    • 850 13 At tin bottom of the hill SOUND bites and "gotcha" personal scandals are the stock-in-trade of Potemkin journalism. It's the trap of beat reporting and news-as-product, leading to the odd spectacle of 15,000 journalists covering conventions in which no news was made. Some have proposed "public
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  • Page 13 Miscellaneous
    • 36 13 DOOMESBURY By Garry Trudeau ',J'..JO WXXJ'RZON I f I The CATS OUT I REAUXSUR- 1 I kJEFZ JUSTPUWN6 The I R6UREP mVSfSf or-rw&G! I msev-i m wuubrs M VXcAueR-.-imcHAee \AHYf&am\ own KNOW WpeßAimtcNßJewcaseßjM \DO HOMOPHO&C r.
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  • EXECUTIVE LIFESTYLE
    • 824 14  -  HK billionaire Dickson Poon has cause to be proud of the store which he transformed, says mbah ltau SARAH LYALL NYT THE scene would be familiar to viewers of the British television show Absolutely Fabulous. Edina and Patsy, the two fashion-victim protagonists, are heading for Edina's office
      NYT  -  824 words
    • 395 14 BOOKS Tttfflatmg details from competing book* may steal thunder from Fergie's own story NYT [LONDON] Her autobiography will not be in stores until tomorrow. But the Duchess of York has been all over the news here for weeks, as a former friend and
      NYT  -  395 words
  • Page 14 Advertisements
    • 401 14 Corporate Governance an update A finrwi 22 November 1996 Carlton Hotel Empress Room |l 2.00 pm to 5.10 pm In the UK, a series of corporate failures and frauds in the late eighties heightened concerns about the standard of financial repotting and accountability. In response the Committee on the Financial
      401 words
    • 629 14 ESQ GRP LIMITED v (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of GRP Limited wil be held at 11 Tanjong Penjuru Crescent, Singapore *****4 on the 29th day of November 1996 at 3.00 pm for the foßowing
      629 words

  • Page 15 Advertisements
    • 454 15 Where to wine, dine and entertain 'J «■< |g W If Set Lunch B Dinner |i Flavours at Meisan Lunch: fl&Qe S$ 18.90+++ per person SS2B.9o+++ per adult; lira $14.90+++ per child .""i I Make your reservations today! Call 731-7996. A minimum of 2 diners is required /or set menu
      454 words
    • 216 15 Home Decor For people who love their homes lILpNGESTI rfhT<sa iDjvwff Nowr from 12 pM to S pi V BY POPULAR DEMAND! rjteasi on our spread of Pastries, Nottym Km eh. and local favourites like Mee Simm, Latum, Rojak. Mee Rebus and more! Adult: $12.80 (Sat. Sun A Public Holidays
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  • Page 15 Miscellaneous
    • 779 15 TVVRADIO PkwriSMtt 1190 AM Earth 2. 1030 Second Chance (Japanese V iiMl.giTTTiTrSl—i^—— ill I L4O In Living Color (See Our Drama, Lastep). L3O PM TV Inaovations. Choice). 1130 TV Innovations. TR~W 2-30 The Winners. 2.00 The Tracey Ullman Show. L3O AM Close. 9 3*°o Money, Money, Money. 230 Tour of
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    • 154 15 CRYPTIC CROSSWORD "j 28 To turn us in or turn us out? 29 Revealing form of entertain- U^ a^*' nmore,han rEaDATa WLirnoH (10) 13 Uttered in a death rattle (10) |c[ojN|sjEH^|ul^Mc[o|MlEjf] DOWN 14 Unusual glee about a good a M e M l^||pßo a M o 2 They disapprove of
      154 words

  • CYCLE & CARRIAGE GOLF PAGE
    • 1561 16  -  Bali Handara may have been among the world's better courses but ifs now showing its age, says MCKLiugimtTn 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
      1,561 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • 431 17  -  More offerings said to |boon way including a fnut and veg distributor and a foreign company By* Clarissa Tan, Ang Wan May 18INGAP0RE] How does one choose from a luxury goods retailer, a sportswear distributor, an interior design house one-stop shop for
      431 words
    • 347 17  -  By\ Lee Han Shih [SINGAPORE] Brierley Investments Ltd which is 20 per cent-owned by Singapore and Malaysian interests said it could invest at least NZ$l billion (Ss99l million) in the next 12 months. This was revealed by chief executive Paul
      347 words
    • 396 17  -  Move will lead to extraordinary gain and increase NTA, says chairman By Lee Han Shih [SINGAPORE] There is "a possibility" that LC Development (LCD) will follow the example of its parent Lum Chang Holdings and sell its 35 per cent in Solarvest
      396 words
    • 621 17  -  HOCK LOCK SIEW Al Labita STOCK analysts have been hard-put working out just how the supposedly wellmanaged Philippine firm Globe Telecom (Globe Tel) racked up fraud-related losses. The figures are staggering. Ninemonth losses shot up 715 per cent to 530 million
      621 words
    • 312 17 Index will track prices in KL, Petaling Jaya and Shah Alam Bernama [KUALA LUMPUR] Malayan Banking Bhd and Rating Agency Malaysia Bhd have jointly developed an index to track the property market's performance, the first such collaboration between a bank and a
      Bernama  -  312 words
    • REGIONAL COMPANIES
      • 236 18 AFP [JAKARTA] Two of Indonesian President Suharto's sons have interests in joint ventures that aim to build major water and urban construction projects, newspapers reported here yesterday. PT Citra Mandala Umbulan, a company jointly owned by the Humpuss Group and the Ciputra Group,
        AFP  -  236 words
      • 394 18 Plu to fleat power interests under YTL Fewer Internatienal •arty next year FT [KUALA LUMPUR] YTL, the Malaysian construction and power conglomerate, expects to raise US$5OO million (SI7OO million) from the flotation of its power interests early next year, said its managing director Francis
        FT  -  394 words
      • 521 18  -  JSE Composite Index kraAiWMlr first time since May From S N Vasuki in Jakarta FOREIGN fund managers have returned to the Jakarta stock market after a six-month absence, a sign that concerns over political stability following the July 27 riots
        Source: Bloomberg  -  521 words
      • 311 18 Uzbekistan betel to become 4-star hotel and bnrineM centre Bernama [KUALA LUMPUR] Chase Perdana Bhd expects its new hotel, Chorsu Hotel, which is under re-development in Tashkent, Uzbekistan, to generate 8-10 per cent profit margin. Its executive chairman, Mohan Swami, said
        Bernama  -  311 words
      • 212 18 Bernama [KUALA LUMPUR] Mun Loong Bhd, which has just diversified from its retail operations to construction, infrastructure and manufacturing, is looking actively into participating in Infrastructure projects like the construction of railways and roads. Its president and chief executive officer. Nor Mohamed Yakcop, said at
        Bernama  -  212 words
      • 347 19 ni half profit in seen much lower than that in same period last year 1 [SYDNEY] CSR Ltd said its earnings fell 24 per cent in its first half as a slump in Austra- lla's building industry depressed profits, offsetting V gains in its sugar
        Source: Bloomberg  -  347 words
      • 193 19 Reuter •r-' {TOKYO] First-half profits an- nounced by large Japanese -f companies showed an average increase of 10 per cent from the year-ago period, a corpo--o >. rate survey showed yesterday, v.,- Wako Research Institute of Economics said it based its figy
        Reuter  -  193 words
      • 320 19 Bloomberg Business News (HONGKONG] Hongkong Telecommunications Ltd staged its biggest rally since March following a report that its British parent may sell about 7.5 per cent of Telecom to a Chinese company. Such a move the subject of speculation for months might
        Bloomberg Business News  -  320 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 286 20 Late-October survey shows more bullish on investment outlook Reuter [NEW YORK] Money managers see the Dow Jones Industrial Average at a high of 6447.63 in 1997, as 41.2 per cent held a neutral investment outlook through the middle of 1997 and
        Reuter; Source: Bloomberg  -  286 words
      • 360 20 Reuter [SYDNEY] Rupert Murdoch's News Corp Ltd is expected to report today double digit growth in net profit before abnormals for its first financial quarter ended Sep 30, Australian media analysts said. Last month, Mr Murdoch told the company's annual meeting the
        Reuter  -  360 words
      • 289 20 Bat group does not admit any blame in suit brought by chain's founder FT [AMSTERDAM] Philips, the Dutch electronics group, has settled out of court a US$3 billion (554.19 billion) lawsuit brought by the founder of Super Club, a Belgium-based chain
        FT  -  289 words
      • COMPANY Briefs
        • 110 20 Bloomberg Business News [BONN] Deutsche Telekom AG said it will increase the size of its initial public offering to 600 million shares from 500 million, and the "greenshoe" option to 90 million shares from 75 million. That means the sale could raise up to
          Bloomberg Business News  -  110 words
        • 93 20 AFX-Asia [LONDON] Concert, the group that will be created by the merger of British Telecommunications pic and MCI Communications Corp, is considering an alliance with a US telephone company, MCI chairman Bert Roberts said in an interview with The Sunday Times. Mr Roberts
          AFX-Asia  -  93 words
        • 76 20 Renter [SEOUL] Ssangyong Corp, a unit of South Korea's Ssangyong Group, said yesterday it planned to invest 1.8 trillion won (593.04 billion) by 2006. It targets turnover of 17 trillion won in 2001 and 50 trillion in 2006, Ssangyong said in a statement. Ssangyong
          Renter  -  76 words
      • 418 20  -  Survey of 62 leading funds shows 3 A of MNCs not giving enough infonnation From. Neil Behrmann in London A SURVEY of 62 leading US and European institutions managing US$2.5 trillion (513.5 trillion) in funds shows that three-quarters of the world's largest companies
        418 words
    • FINANCE & COMMODITIES
      • 253 22 Comments by spokesman follow talk of third interest rate cut this year Reuter [BEIJING] The People's Bank of China, the central bank, considers current interest rate levels to be appropriate after two rate cuts this year, the China Securities newspaper said yesterday. China's
        Reuter  -  253 words
      • 216 22 FT [BRUSSELS] The widespread practice by European Union governments of giving special assistance to ailing companies by guaranteeing their bank loans could soon be declared illegal under plans being considered by the European Commission. Government guarantees, which allow companies to borrow at cheaper
        FT  -  216 words
      • 149 22 Bloomberg Business News [MELBOURNE] Australian banks' profit growth slowed during the second half because of increasing competition from insurance and mortgage companies, analysts said. The rivalry kept a lid on banks' fee income and reduced the difference between their borrowing costs and their lending
        Bloomberg Business News  -  149 words
      • 168 22 T7T TTT -1X1 EENov 11 Loco Max 1 Cwronqr lr WR MTV tan YTO us Mn *1* tilni MTP 1 TTi Local YMtf Hoogkonq 3 Month m.33 0.10 0.1ft 4.80 m.43 0.10 0.1ft 4J0 158 ft Month 1H.63 0.11 0.17 4.95 m.73 0.10 0.1ft 4.95 5.64
        168 words
      • 229 22 SlBbhi Report Reuter [SINGAPORE] Japanese government bond (JGB) and Euroyen futures traded on Simex continued their downward trend yesterday, despite the disappearance of recent rumours of an imminent rise in Japanese interest rates. Dealers said most of the futures market was now convinced there would be
        Reuter  -  229 words
      • 159 22 Reuter, AFP London THE dollar fell slightly in continuing reaction to comments from the Japanese finance ministry last week, which suggested that depreciation of the yen had come to an end. But at a press conference in Tokyo yesterday the ministry insisted that Japan's attitude towards the dollar-yen
        Reuter,; AFP  -  159 words
      • 310 22 ENERGY REPORT Reuter [DUBAI] Iraq, strangled by six years of sanctions, is winning political support in the United Nations Security Council by offering a keenly sought prize production rights in some of the world's most prolific oilfields. Security Council permanent members China, Russia
        Reuter  -  310 words
    • 1349 25 nCOMFUTUMS Nov 8 tUIKt (futwts cMi) ts it 5J0fn) «a ZS J5 *5 9? 164.00 *490 2uS 100 IgO 2! 97 »7.50 W7.50 15° H00 Aar/jw 97 1M.50 MOO 3& w 53 44,0 OctyOtc 97 1MM 5s* as as ss a 12 r |».B i»ra inn SISS 5S
      1,349 words
    • 1824 25 »n >wc« AS Parts 2M -3*00 Afe6#y niHoMii 646 *3 ABIedOomocq 468 -22.400 Amec 101 unch Asda Croup 117.400 1 •ATM 420 -.400 MCC 285.400 -2 BOC Croup 031 -2 MMnMn 650.400 5.400 •m 243.400 -1*00 Bank o< Scotland 27* -2 Barclays 9414Q0 -4.600 Bast 758.400 -3
      1,824 words
    • 1504 25 Reuter QNikkei 225 jUI STOCKS settled lower yesterday, eroding the huge gains they posted late last week. Brokers said outright cash trades were fairly thin and futures-linked activity was responsible for the fluctuations in the Nikkei Average. The 225-issue Nikkei Average lost 135.96 points at 21,065.06. Its December futures
      Reuter  -  1,504 words
    • Article, Illustration
      1587 26 AFX-Asia +20.70 SHARE prices closed higher yesterday in a utilities-led rebound and with continued interest in new listings Beijing Land and Arts Optical. The Hang Seng Index closed up 20.70 points at 12,771.86. Turnover was HK$6.4 billion. "The market is on a bit of a roller coaster and volumes
      AFX-Asia  -  1,587 words
    • Article, Illustration
      636 26 Reuter C 3 Shenzhen B Share Index -OJO THE Shenzhen B market closed slightly lower in sluggish trading yesterday. with sentiment poor and institutions sidelined following Changan Automobile's weak debut on Friday. The B Share Index shed 0.10 point to 88.80 on turnover of HK515.50 million, compared with Friday's
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  636 words
    • 390 26 AFP □*P Index -UJ> SHARE prices closed 0.2 per cent lower yesterday as some investors shifted their focus to the over-the-counter market outside the official bourse. "Limited buying of heavyweight issues on financial and electronics had discouraged buying interest in the bourse, and many investors are trying their luck
      AFP  -  390 words
    • Article, Illustration
      760 26 AFP Q Composite Index -(189 SHARE prices closed lower yesterday as investors locked away profit from gains made last week. "The market came off as expected due to profit taking. This is normal as some of the buying last week was too aggressive, so some stocks had to be
      AFP  -  760 words
    • Article, Illustration
      820 26 AFP Q SET Max -20.32 SHARE prices closed 2.1 per cent lower yesterday on profittaking ahead of Sunday's election and releases of corporate third-quarter earnings results, analysts said. "Investors took profit ahead of the election and earnings results, which are due on Friday," said a trader. The SET Index
      AFP  -  820 words
    • 266 26 AFP P Manila -43.03 SHARE prices fell 1.4 per cent yesterday as investors sold stocks to lock in profits. The PSE Composite Index fell 43.03 points to 3,046.97. Turnover was 21.9 billion shares worth 5.7 billion pesos. Ayala Land Inc eased one peso to 28 while Petron Corp fell
      AFP  -  266 words
    • 419 26 AFP C 3 Composite Index -L2> SHARE prices closed lower yesterday, with investor jitters prevailing on poor market fundamentals, dealers said. The Composite Index lost 1.29 points at 729.53. Turnover was 21.8 million shares worth 309.9 billion won. Falls beat risers 525 to 330. Blue chips were mixed, with
      AFP  -  419 words
    • 598 26 AFP PAnOrfaaries At SHARES closed just 0.2 per cent lower yesterday amid lacklustre trade caused by a lack of direction from offshore, brokers said. The All Ordinaries Index finished 4.0 points lower at 2,358.1. Turnover was 269.3 million shares worth A 5427 million. Among the leaders, BHP eased 13
      AFP  -  598 words
    • 260 26 Bloomberg Business News n Wellington AM SHARES declined yesterday, led by pulp and paper shares, amid concern lower pulp prices will reduce their earnings. The NZSE 40-share Index fell 4.84 points to 2,330.05. —»n u$ *t- rtm AN2 Bank** 8.25 0.05 T7459 Atfvantaqoi HMgs 1.27 -0.02 ***** A* M«r
      Bloomberg Business News  -  260 words
  • Page 17 Advertisements
    • 135 17 fife While Others Work Communicate... We Go The Extra Mile To Make Communications Work For You. At Singapore Comm, we take pride in providing you with the finest keyphone systems from Nitsuko to satisfy your communication requirements. And a highly support that you need. You see, we do go out
      135 words

  • Page 18 Advertisements
    • 111 18 v v -4» wm m—a«u <r .9 jm qr Given our worldwide flight network, it's only o matter of time before you'll fly with us too. Our flight network covers over 100 destinations in more than 40 countries, which moans there's hardly a place we don't fly to. And our
      111 words
    • 171 18 4N This announcement appears as a matter of record only <1 November 1996 I 8 KIAN ANN ENGINEERING LTD (Incorporated in the Republic of Singapore on 6 October 1071) I i Invitation in respect of 30,000,000 New Shares of $0.20 each comprising:(i) 24,000,000 Offer Shares at $0.60 for each Offer
      171 words

  • Page 19 Advertisements
    • 201 19 7^ 7 This announcement appears as a matter of record only A PORNPAT DEVELOPMENT CO., LTD PORNPAT CO., LTD WEN HSING DEVELOPMENT CO., LTD PETCH PALACE CO., LTD SWISS FRANCS 50,000,000 TERM LOAN FACILITY Lenders Banque Worms, Singapore Branch Banc Agricol i Comercial d'Andorra S.A. Bayerische Landesbank Girozentrale, Singapore Branch
      201 words
    • 224 19 Christofle Paris Filet desk clock Ss3o9 with GST Pavilion Christofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espacc Christofle Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3. Isetan Scotb Level 4,350 Orchard Road, Shaw House, Singapore *****8 Tangs Basement, 310 k
      224 words

  • Page 20 Advertisements
    • 135 20 —i——— IM* I I We integrate 9 functions I I in 1 incredible featureI packed facsimile! Others merely pot together a combination. NEW!) gJKBMK Made in Japan ,jßg| MFC-6550MC I r Fax Machine Printer Copier Scanner i OCR Software PC Fax Message Center Caller ID Telephone IiSSSPi MFC-6550MC is the
      135 words
    • 129 20 Welcome to tomorrow. Asian culture is enjoying a golden renaissance East Asia's GDP is beating Europe and the US t Buildings are soaring 200 stories high and more Extinct animals like the Dodo are being revived And the average human life is now 85 years, but scientists expect to extend
      129 words


  • Page 22 Advertisements
    • 289 22 SOLUN<S [IbOPERTY? t. Selling properties these days f BflU require a property professional to do the job!. Getting the right v j price service is what I give to t our clients like yourself! Let us r W discuss your property matters overacupofcoffee.Callme.it M 9720 5018 (h/p) or 9518 0039
      289 words

  • Page 23 Advertisements
    • 121 23 Introducing the new Ford Mondeo. You act, it responds. You think, it reacts. You command, it answers immediately. Total control; telepathy almost. It features a 2.0 litre ZETEC E 16 valve engine with automatic transmission, ABS, Electronic Brake y force Distribution (EBD) cruise control, fuel computer, and specially more than
      121 words

  • Page 24 Advertisements
    • 1144 24 BUSINESS Notices i<> \i>\ i k 11si: <ui. i <>i i i*""-'-" lss< A INFORMATICS W HOLDINGS LTD 1 ANNOUNCEMENT OF UNAUDITED RESULTS AND DIVIDEND FOR THE SIX MONTHS The Board of Directors of Informatics Holdings Ltd is pleased to announce the UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30
      1,144 words
    • 299 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND M THE MATTER OF UN 3m tai tea trading PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Moating of the members of Un Jin Tai Taa Trading Pie Ltd hafcl at 5 Makaway Avenue,
      299 words
    • 633 24 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF LIMANA PRIVATE UMTTED NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINOING-UP (PURSUANT TO SECTION WO) At an Extraordinary General Masting of the members of LIMANA PRIVATE LIMITED duly convened and held on 5 November 1996 at
      633 words
    • 1087 24 NOTICE IS HEREBY GIVEN that, I Allen Ooi of 4-C Swanage Road Singapore *****9, have applied for a Beer House, First Class in respect of M/s Port Authority Recreation Club Singapore located at BukitChermin Road Singapore *****8, and that this application will be considered by the Liquors Licensing Board on
      1,087 words
    • 639 24 NOTICE IS HEREBY GIVEN that, I Lim Chin Huat of Blk 436 #10-394 Fajar Road Singapore *****6, have applied for a Beer House, First Class in respect of M/s Hup Ann Motor Sampan Association located at Blk 34 #04-150 Upper Cross Street Singapore *****4, and that this application will be
      639 words
    • 208 24 M THE MATTER OF THE COMPAMES ACT. CAP. K *anr—wM| Coapany <iwi< to to MM on 1 mmtor 1«M to tctotog i ilMnni MMd^pMMdWVECML NEMUfnON *TM Mm Company to «OMd up OHDMARY MMUfnON Thai Mr Cton Kmng Chang and Mr Mtor AL Miol RaMck taaiCo. 131 CadSMtlfrOOOadOMLShppoM *****8 to UoMfcnpiMy
      208 words



  • SHIPPING TIMES
    • 274 27 Bridge Ntws, Reuter PANAMAX activity again dominated freight market talk as rate* soared in both the Atlantic and Far East, r The Baltic Freight index jumped by 44 points to reach 1477, a climb of 166 Since Oct 31. Fixtures little more active than usually seen on a
      Bridge Ntws,; Reuter  -  274 words
    • 117 27 I I. mwmhi *26 w OMMNM^-— —0*4 *M &SmHm' ♦oSS *70 mtmvmrn —0-Q3 «OuOM M tm'MMM *005 Xtt ftggo., MSO wk Mf MX Midi MS qmmiimwmi -USL4S •o.oi s McMcCvrtW* OiMS MM» 70 B5Ea M fill! ■JCW-OI WO te=ka ss s MSKK&V. r*g&%. m MBp «-jawBS^BWPw iEEEffffS 15
      117 words
    • 486 27  -  Fntnre of shipping lies in the Eaist, Swedish Club head tells gathering From, David Hughes in London SHIPPING insurance will probably be the last to respond to changing realities but it too will eventually have to move to Asia, a gathering of journalists
      486 words
    • 280 27 East Malaysian pert to be listed on ELSE next year NST [KUALA LUMPUR] Port operator Bintulu Port Sdn Bhd (BPSB) is spending Ms2so million (*****.7 million) to extend its cargo wharf and increase the port* s cargo handling ability until the year 2010. At the
      NST  -  280 words
    • 162 27 Lloyd's List [BRUSSELS] The European Commission is proposing a US$44 million (5J61.2 million) budget for spending on feasibiUty studies and for pilot projects on combined transport that will for the first time include the maritime sector. The programme is called Pact and will
      Lloyd's List  -  162 words
    • PORT Shots
      • 68 27 [BEIJING] China's shipbuilding Industry scored a 10 per cent increase in exports in the first hatf of this year from the same period in 1906, said Xinhua news agency. The rise is due to increased production capacity and favourable government financial policies.
        68 words
      • 98 27 [TOKYO) The US Navy and Sasebo Heavy Industries Co have resolved a dispute concerning the use of Sasebo's No 3 dry dock by the US forces, said a Nikkei News report Earlier this year, the US requested the use of Sasebo's dry dock for
        98 words
      • 64 27 AFP [HONGKONG] Hutchison International Port Holdings Ltd Is bidding for a contract to build and operate a container terminal in Bombay, group managing director John Meredith said yesterday. The company, a unit of conglomerate Hutchison Whampoa Ltd controlled by tycoon Li Ka-shing, expects to
        AFP  -  64 words
    • 196 27 [SINGAPORE] New Yorkbased American Bureau of Shipping (ABS) has chalked up its 100 th ship designed and built using its computer-based design package the ABS Safe Hull system. Comprising tankers, bulk carriers and containerships for owners like Ceres Hellenic, MISC, Springfield and Evergreen,
      196 words
    • 229 27 Business Line [NEW DELHI] The Maharashtra state government plans to invite competitive bids for the development of seven minor ports in the state namely Alewadi (Thane district), Dighi (Raigad), Dabhol, Jaigad and Ratnagiri including Ranpar (Ratna giri), Vijaydurg and Redi (Sindhudurg).
      Business Line  -  229 words
    • 916 28  -  AIRPLANE BUSINESS: US MAKER'S SHRINKING MARKET SHARE (After scrapping plans to develop a new passenger plane, the MD-XX, a signal that it will concentrate on its defence business, McDonnell Douglas is beset by news that big customer American Airlines was in talks to buy Boeing planes
      Bloomberg Business News  -  916 words
    • 277 28 PAOC DraftCargo n ACt 11 E"*" 2 IHrtf f m 13 Kl 6 •A* 3 i ECS 13 AMt 13 Accort 12 fr r8Mw ajtm** 4 Ewrtretn t TvTThI 4 Fmm 7 3 Fl-MfM 7 Austral n 0 Awrt < FrUi B BO
      277 words
    • 14986 34 EXPORT ETA ETA Atfvartisaf VMM* Voy«Q» TaMpltona ETA ETA Advartlsar Vassal Voyaga Talaphona SM Dast'n Kama Nama NumtMf NumDaf SIN Dasrn N*m« Nam* Numbar Numbar XHBaMMMMNHaMHMMMMNMMMNMNMMNHMMMMNNMNMMIiR ■MHHMaNMMHMMMHHBnMBHMnHMIMMMWHMMHHnMHHMHHM To BOMBAY (BOM) 2053 A India To ABU DHABI/ ST JOHNS (AUH) 2004 n/»i 2i/n acl kota cahava cahm *5-2212*21 United
      14,986 words
    • SHIPS IN PORT
      • 551 41 WhmI iVj Mo Btftli IwW Doportft M/N JK Hi tin/OMO MWT 1 M <ll|lMl UK/1200 Iran Nkm a JOS *M*UI a.n/B00 RMJH OJTI* JOI m*tf* 12.11/0300 M MM 442* JOI ilil|iHl 12.11/0300 Km Km M/M JOI MplM n.n/2300 H S4« 443* JOI HIM''*' 12 TV03B M Swy 43t*
        551 words
      • 1475 41 RECEIVING Of EXPORT FCl CONTAINERS AND La CARGO BOOfciRQ/MMCt R«t1» SM» Voy No Etfc/tr Nrt* Ffw To Frw M a *m mm ww mm. w ww warn w4 a/aw b/m» a/woo mOm mm ami m vboo w» ww f ssr sss 4 b/bw a/vm b/bw ss ss ss
        1,475 words
      • 127 41 Nov 12 Taiwan Dr. Sun Yat-Sen's Birthday. India Diwali/Bali Pratipada/Bhaubeej. Nov 13 India Market holiday on National Stock Exchange. Nov 14 India Market holiday on National Stock Exchange. Nor 15 Ivory Coast: National Peace Day. No* IB Morocco: Independence Day. Oman: National Day. Nor 19 Brunei: MercUIndonesia: Ascent
        127 words
      • 819 41 THIS report compiled by Cockett Marine Oil Lid. shows price ranges In US dollars Instead of tingle prices tor a more comprehensive description of the market. Prices shown are baaed on averaga-elaed stem Market movements are Indicated The Cockett Bunker Price Index chugs and the Individual
        819 words
      • 342 41 Carta* MO Mai W2.4 LO 174 0.10 47 0.00 Nw7 0tarty Watar Btttfw Ast NaatowC25 I 0 0 %HM 380 Nil U 11* 0.07 32 COO Co. 300 Mai 9915 L2 NJ 0.1 04 0 00 »*A »m/M M/M WW mm* »W*wt35 2 2 10 0
        342 words
    • AIR & LAND TRANSPORT NEWS
      • 204 42 AFP [BEIJING] China's aviation industry signed about US$2 billion (Ss2.B billion) worth of co-production and purchase contracts during the country's first-ever air show, which concluded in Zhuhai on Sunday, Xinhua reported. US-based companies which signed deals during the fiveday China International
        AFP  -  204 words
      • 267 42 Ban on domestic flights enters second year AFP [COLOMBO] A ban on domestic flights in Sri Lanka, brought on by fears of a kami-kaze-style attack by Tamil Tiger rebels, has struck a devastating blow against private airlines as it enters its
        AFP  -  267 words
      • 174 42 Bloomberg Business News [ZURICH] Swissair AG said it and Austrian Airlines signed an agreement to buy an 18.4 per cent stake in Ukraine International Airlines, in a move described by the Swiss airline as its "commitment to Eastern Europe". Swissair's weekend
        Bloomberg Business News  -  174 words
      • 300 42 Bloomberg Business News [CHANGCHUN, ChinaJPirelli SpA, an Italian tyre manufacturer, is in talks to build what would be China's biggest radial tyre plant, a Chinese official said. The plant is planned for Changchun in north-east Jilin Province, home to
        Bloomberg Business News  -  300 words
      • 241 42 AFP [BRISBANE] Health authorities assured Japan's tourist industry yesterday that the source of a salmonella outbreak which affected Japanese tourists on a Qantas flight had been isolated and destroyed. A total of 21 tourists affected on a flight from the north
        AFP  -  241 words
      • 375 42 Resolts of cost-cutting plan most be assessed first, says chairman of British carrier [HARROGATE, England] British Airways pic will postpone a US$l billion (551.39 billion) aircraft order until after the effectiveness of a cost-cutting programme can be assessed, the company's chairman said. Colin
        FILE PHOTO  -  375 words
      • 234 42 Reuter [GENEVA] North Korea aims to expand foreign operations of its national airline Air Koryo and add two international airports to its present base in Pyongyang, according to the state-owned airline's president. Air Koryo's chief Kim Yong also pledged that his
        Reuter  -  234 words
      • 129 42 Reuter [AMMAN] Jordan on Sunday became the first country outside Europe to sign an "open skies" agreement with the US. The agreement will fully liberalise commercial air services between the two countries and will lift restrictions on the number and prices of flights between
        Reuter  -  129 words
      • 262 42 Govt aims to make industry among the world's top 10 AFP [SEOUL] A top South Korean economic policy maker yesterday pledged all-out government support to catapult the country's aerospace industry into the world's top 10 by 2015. Park Jae Yoon, trade, industry and energy
        AFP  -  262 words
      • 116 42 Bridge News [BANGKOK] The Thai government has suspended bidding for the Nong Ngu Hao airport land reclamation and construction project, the Bangkok Post reported yesterday. Transport and Communications Minister Wan Mohammed Nor Matha said the land reclamation project for the country's new international
        Bridge News  -  116 words
      • NOTE Book
        • 88 42 Reuter [SKOUL] Halla Merchant Marine, a subsidiary of Sooth Korea's Halla Group, win Invest US$B.O million (SfU.l 12F million) In an express bus service joint venture in China next year, a Halla Group statement said yesterday. It said Halla Merchant will team up with
          Reuter  -  88 words
        • 58 42 Bloomberg Business News [NEWARK, New Jersey] Kiwi International Air Lines has until next Friday to find financing to stay in business, afti# a Florida investment firm produced only US$lOO,OOO (*****,000) of a promised US$5OO,OOO first instalment of a USSS million loan. US Bankruptcy Judge Roeemary
          Bloomberg Business News  -  58 words
        • 81 42 Reuter [FRANKFURT] German national airline Deutsche Lufthansa said yesterday there could be some delays to its flights because of a two-hour strike by ground staff as wall as flight crews in a wage dispute. German white-collar trade union DAG, or Deutache AngseeUtan-GewsrlEsehafe— said it had
          Reuter  -  81 words
        • 58 42 Reuter [TORONTO] The Canadian Auto Workers union ended ths 1906 labour negotiations with the car Industry after the union's 11,700 members ratified a tentative collective agreement with Ford Motor Co of Canada Ud. A CAW statement said 98.7 psr cent of its Fiord
          Reuter  -  58 words
        • 59 42 AFX-Asia [MANILA] Philippine Airlines said it has raissd US$962 million (*****4 million) in loans from various fcrsign and V domestic financing institutions as of end-September for its new aircraft programme. In a report to the Securitlee and Exchange Commission, PAL said U*****.4 million comprises
          AFX-Asia  -  59 words
      • 1187 42 OTY flKHT ETA FU6HT ETP MUM S0230 WIS 0F82 2050 S0989 1730 S0990 OIB om wo tagMW_ czm owo kmstmUm 6AM 1145 KL844 0125 Html VM745 1255 VN744 1355 S0329 1525 KL838 2335 VH74I 138 VW740 MO M3T B<0 Hit Ytf T6407 2120 T6408 0120 Attorn
        1,187 words
  • Page 27 Advertisements
    • 16 27 Toogh choices for McDonnell US firm faces shrinking market share in commercial airplane business. Pace 2
      16 words
    • 374 27 BA to postpone USslb plane order Results of cost-cutting plan must be assessed first: chairman. Back Page World Tanker Outlook Conference he World Tanker Outlook g Conference, jointly organised by the Conference Connection Administrators (CCA) and London's Petroleum Economics, wiJi be held here at the Shangri -La Hotel from Nov
      374 words

  • Page 28 Advertisements
    • 579 28 mm m «n m u m mm wr mm ju m coi m ammmm oar n/a m/io a/io a/io m/u nn m m/ii m/ii m/ii u/11 10/11 MMMMBTHSS 04W M/ 10 SI/1* Sl/M M/ 11 11/11 OUAI MY Ml M/ 11 M/ 11 IS/11 >1/11 IS/11 unmz nw m/ii 07/11
      579 words
    • 537 28 Unee eervtcee repreeenied rr "*»«ruwow Slpof» Nattontf Shipping Amoc Ml octagon. 5 M f ,f SIOTPmGI^ffiSONLD® Just talk to as... 2 Iris Lim 740-2044 Tmn Lip Chnan 740-1645 Jarrod Leoaf 740-2066 Philip Koh 740-2382 EXPOtT 3 k Mp— •1« Hnwglwm 1 xMadU-1 k>fmrfiiiiwQ. Ifiih nl* 11 ipfl| FQ M MOC/NAHA/gNBM/CU/lOf
      537 words

  • Page 29 Advertisements
    • 1214 29 MORC SOUTH WIST EXFKESS (DIRECT} M ivesa wr I m lawro iswro lua I at I I oi irrc 1 I mon I wot sm fl wow ti» la/it I w/it Iw/it 115/11 i w/ii Imm| mm I »i/ii I n/ii Imml mm 1 a/ii I mmuem mm w/ii w/ii
      1,214 words
    • 1895 29 I H ANJIN SHIPPING USA CANADA* |IMMMt/VOT um m «A WK ITIW |W|OI|IB|IM|HI|IW| 1 KB KTt Of TV» HI M TK T» W.WUCTWWMU U/ll M/ 11 >7/11 a/11 a/11 W/U M/ 11 >7/11 U/11 11/11 M/ 11 M/ 11 13/11 11/11 17/11 11/11 U/11 M/ 11 W/11 Kwanammtm a/n n/n
      1,895 words
    • 105 29 i I A fs*®F| ORIENT EXPRESS UNES (U.K.) LIMITED: sJgsi, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE: vpsa vot ajgjwg kmmat vcsa vov wmtKt vtmrott aNARTOBA 203 17/11 24/11 9NARTOBA 202 09/11 17/11 NORDKAP 403 25/11 02/12 NORDKAP 402 19/11 25/11 lEERORT 910 27/11 05/12 IfERORT 909 20/11
      105 words

  • Page 30 Advertisements
    • 566 30 <<r DSff-SEHA TOR i jHBM Round the World Container Services ACCEPTING ODESSA AS WELL AS ALL OTHER EAST MEDITERRANEAN PORTS AND INLAND POINTS i NEWSmP AGENCIES PTE LTD SD4QAFOBsTVLiWn« FAX: SIMM TLX RS4S2M TOK ENQtTKT/OOOBNOBt JINNY/LAY CHOQCAhibuHI mVt44n*M p<»*ijuie»«AeANMAi»iro™>ieLwi*meßiJin»oi»i»PAi*!W*m»OßH«g^»oamNaß*w^<MwiMir PKNANG. aPtAKAN MALiM »N BHDTKLi II aaaiMß HUNTING LINKS) rAXi II
      566 words
    • 1077 30 I NORASTAI I VESSEL WY ISM PKLI OOA LAS 80. VALALOROTART FB. LHA I NOR HONGKONG 9644-3 IJOI 14/11 JO/11 6VII 12/12 6602 6*12 0602 6602 OM2 o*l2 NORSHARJAH 0646-3 1601 2*ll 17/12 I*ll IWI2 IVI2 N/12 12/12 IVU 1302 IVI2 MSCRAFAOA 9644-3 27/11 ZVII U/12 17/11 2*12 22/12 OM
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    • 397 30 Direct Container Services; —-U( to -"1 —«l Fangcheng 5 3 Zhanjiang Vessel S'pore Fanyhwiy Zhaniiann* UAHBAO 19/T1 24/11 2^^! **yj| I /VOWTRAISI^J Mdli-ParpoM RO/10 Carter ktnftitf RO/RO, Ramp Capacity aptaiCtaas Haavy Uft apta 65.5 taas M^/MftA/(MrM)MS Thai Flog Statu TL Ukbfnm VJSA SAM IHA/U IH7/11 21-ZSfff 21-22/11 pji/ii 24-27/11 tm/M
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  • Page 31 Advertisements
    • 1280 31 MM 10 Hoe Chiang Road #11-01 Keppel Towers Singapore *****5 Tel: *****88 Fax: *****17 UIAH 4 IRUHEI CONViNTIOMAISfIWqi HO CHI MIHH fttli CONTAINER SERVICE "STT a |mtti wot fnAuTß!]T|nf^^«)Y •Mmsm mm I li/ii" i»/n h/ii (mwtwmuuwv mi* u/n I n/n SjBJB mm I u/n n/n n/n oBBiTBAmov mm i»/ii I
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    • 1024 31 DIRECT CALL TO KAOHSIUNG, TAIWAN SAiUNG EVBY MONDAY WITH SNORT TRANSIT Of 5 DAYS I cMuii s iff «mSf/4j 2SSdw'- 1c i msns COiTAKAMNCIKS (M) SM Ml I amiwuiiw rogamoj*tgw> t/wt pgT qg» th:I1-ims»im wlimmshiti msa/WAGi IS* m AM BA ao n ML OR in vßsa^ma m <* mi m
      1,024 words
    • 467 31 41 r f I |PRRKAPAT J AN DAI ZHIJN I/If TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KwauH+fAmsT njuun/ MuutA-momrr urn/I /go cm mm+Piuam A IfPU HIM 11/11 GIWII MSI 11/11 Gflffi Ml 14 12/11 Hll 15/11 GUOO
      467 words

  • Page 32 Advertisements
    • 1129 32 Ran ROM ANW HS6 THP ZEE LHV LHV THP RDM ANW MS6 PKL S6P E REPUTE RW-BSS IVII 88/12 17/12 17/12 88/12 11/12 11/12 E. 6000S RE-884 13/11 18/18 IVIB 17/11 11/11 11/11 13/11 E RENOWN RW-fflt 23/11 13/12 14/12 14/12 11/12 17/12 11/12 E. BUEST RE-SBS 28/10 22/10 2VII
      1,129 words
    • 943 32 VBSa VOTAH SflP M «M MM MM IWT BM VBSft VOTAH MB IN M INI W I IN OHM (MMNi IVII Ml 25/11 VII 27/11 25/11 Ml UNCOHCOtO 0420-0121 Ml 04/11 05/11 Ml 11/11 UMOMMD *****24* 11/11 K/1J BV1? M 2 04/11 MCOKMt *****1* 10/11 11/11 12/11 13/11 25/11 Afto
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    • 442 32 NANTAI LINE wttawaorwucowMMißa mmnnwwa muum Lts UpU/w L/ii n/ti TT" urnmn |tm |r/n|ivtt |«vi» |«w I Tl> Ht ma |m NORTH EAST ASIA SERVICE WEEKLY PUU CONTAINER SERVICE TO ramazawa, sakahunato, smwism, tomaromai H— |WT|ai|awsa|wT I— I las If |pw| m mi ivii arm m vii 27/11 a/ii n/» iyn
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  • Page 33 Advertisements
    • 715 33 A i BSA I IHHYIT3sn9TSVSV9I9I6B^^B' ■EhblHiUhßhhlhßlH^^^ ft M >■■ i M MYANMA üBBk FIVE STAR UNE W (Myaaatar Notioool Um) 9 loading for Yoofoa (Roagooo) Vissa VOY SM PNG KN PGU fur* 143 SL» PAGAN 237W 14/11 a RALAYSIA ASBITS: OOOSTUft SMPPMG AGOKKS fllk IB 03-03-*****00 MCI: 1H 01-03-37*4101 rot
      715 words
    • 1032 33 HYUNDAI I MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 PNA PI POO I Vtssa VOY INI j UN HR ANT HAR Mil IB 14/11 14/11 14/11 Nl OAtON M3W 17/11 M/ 11 05/12 07/1? *7/11 *7/12 10/12 21/11 21/11 23/11 NIERPOOO JOIW M/ 11 11/12 12/12 14/12 14/12
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    • 405 33 (fa. FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 LINES) TWICE WEEKLY SAILINGS TO BUSAN X SOUTH \v KOREA V s* ILk |A AM J FOR ENQUIRY BOOKINGS, PLS CALL OUR HOTLINE *****33(30 lines) SYLVIA/MICHELLE POH P. KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7
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  • Page 35 Advertisements
    • 43 35 To retrieve more schedules, just follow these simple steps... Ste^ 740-6000^^^^^^ the port Step key in the four number ft#'digit code Key in your Exampte: r-L» fax number To NEW YORK (NYC) 2275 S c United States v for calls within Singapore Jjs3sW!
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  • Page 37 Advertisements
    • 472 37 a Wwkly LCL A Kl m vOUICaI S«rvk«« to Caribbean IT JTiTimw o Central Aimrka MAJKjKEM MAfRSK SLIACB 9607 009E Port Country 12/11 19/11 Belize CHy Miz* 16/12 23/12 Bndgeta«n Borbadoj 19/12 26/12 Cartagena Colombia 10/12 25/12 Cosines Si. Lucia 18/12 25/12 Fort da Franc* Martinique 19/12 26/12 freeport Bahamas
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    • 1191 37 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 CwS StrMt, #12-00, PIL BuMdlng. Singapore *****0 M L« Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E lAWBKOK JAKARTA (8 »PWN> H PAT. I leßfi N mm, 2 9»MNp H LCH) (4 SaMef^WMt) l T TAimi i S
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    • 886 37 **********0Z y^Baas WY m DAMgTTA I LEHW/RE HAMBURG THAMEBPORT ROTTERDAM AHTWBy VB.LE DC NORMA MI7W 18/11 30/11 o*l2 I*l2 12/12 13/12 I*l2 VB-LE DE OCMB4A HI7W 28/11 07/12 Wl2 17/12 19/12 20/12 22/12 *LLE DC LYRA YI7W 03/12 I*l2 23/12 M/ 12 2*12 27/12 29/12 VBJ-EOEVELA VI7W t IV!l 30/12
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  • Page 38 Advertisements
    • 1313 38 HHBQIQZSH I^M——ll—■ Ban in !!■■——l !VESSEL r~vov «N JKT IVESSEI I VOY WW Ptw i^——mill>m—— I MXJII I rrrTT b masempat siss Tua in pi ibu 14/11 M JVgBBM. VOY 8m BKK 1 IT7T TtTTT OUWUBHOM S72S Thu 14/11 St 14/11 M NAHTA BHUM SMN Tw IhH 81 I IS/11
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    • 751 38 jli VUMt /vOT MW CTO mmom 106 tmu iu/ii moniu/h Bxoua »—oapqm 229 im lia/TT ww>lu/n MQHWA >U iON It/11 11/ II luou MOON IM MOW 1«/I1 SAT 13/11 J IHO |aai m 111/11 Inn 16/11 Inow uvu Mxm ww 10/11 sun 24/11 BNttfOM/ jQWAT —VKI OMCNT FUSOOM M MON{
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  • Page 39 Advertisements
    • 579 39 to *r P% m SINO EXPRESS SHIPPINO (PTE) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SIMOTUMS SNAMHAI (CONTA Nit I«VICI) Also octepfing container cargo to: Wl/YOY I ETA SIN' ETAHKG ETA SHA W/T HKG: Beijioo. Chiwon, -^z—-w--tooowm
      579 words
    • 417 39 Agents: MAC-NELS SPORE: *****22 (24 LIMES) «jCMBifc|N»4M«B [~IV/\~ J WMOHIWUIfIim 8IBU: (064) *****8 MAWLA (632) *****61 V W PENANO: (04) *****6 BANGKOK: (662) *****57 SURABAYA: (31) 2*1660 P. KELAWa (03) *****77 JKT: (21)*****07 MPN: (61)*****3 BANDUNG: (23) 4MHB CONSOLTO: HONGKONG "NED. ASIA" V.6436 14-11-96 "NED. HOORN" V.8446 17-11-96 "NED. OCEANIA"
      417 words
    • 359 39 jfiSNMMMM MELER) 1 ani HdrrVAtwAJK/Nan PAN FORTUNE 20/11 2VII RdrrVAtwAJK/Nan *S I Loading for APJ KARAN Dubai/BahrartDoha/DammarVKuwa* f ANNA Oubai/AJShatoi/DanimariAJaddah 1 BUFFALO HodakMVJaddrt *2 AYSEANNA Hodaidah/Jaddrt/Aqaba/Pt Said J "Loads Singapore, E/W. Mataywa, Indonaaia J I Loading for OCEAN ISLANO Loa Angatoa/Naw Ortaana/Chwtaakrt k 3 NorWMCamdan OCEAN GOLD Loa Ortaana/ChartaataV T*
      359 words

  • Page 40 Advertisements
    • 584 40 Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. 3 To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. n® Call 740-6000 PressT&key.in Document Code Key in your fax number Enter your phone
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    • 236 40 BHi6 Productej^Semces I* Turnkey Factory Automation System I Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) mP Full Range of Conventional Pallet I Racking Shelving mm M BBMEBBlflffi BE A PRIVILEGED MEM B E R 8*;" As a SFFA member, you'll project total professionalism to your clients as
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  • Page 41 Miscellaneous
    • 118 41 LEGCNO-. T "S!' t f A«.-, h i V CJoudySky W Sarfac* «Wi art McttW by wnvmt which fly with «4m wind Onaful arcle r«pr**«nt* calm or and variabl* wvxH i—» On* half ftoch* r«pr**«nt* 5 knot* j L» One Ml ftech* raprtMnt* 10 knot* k One *otd tnangl* r«pr<t«nt*
      118 words

  • Page 42 Advertisements
    • 68 42 M.V. "GOLDEN ***** VW. 2 AIID STH NOVEMBEK 19K StV. "BiOTHEI LIGHT" VOY. 73 AIID TTH NOVEMBEK If* Consignees of >11 damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 13th November 1996 0900-1200 hours at P2 P4. No further survey
      68 words