The Business Times, 5 December 1996

Microfilm: NL20749
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 85e SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, DECEMBER 5,1996
    13 words
  • Article
    MARKET SUMMARY
    54 1 wmm UHMJf (+8.64) fIBT-SU EJ MffjM (+1.80) mmvrooMP U 2222.71 (+12.03) O 55% 10.47) jfcpßuzirmoi HfNfclAllBTDtDICES Wednesday KLSKC01IP 1,2X178 nan imhji. HANOSE.NO *****14 SCTINDUX mti Change «471 ttn -7 4ft JAKARTA OOtfP ***** MANILA COMP 3,*****Tiwwwn—JWIK. MBUUJWP 7H87 _+WI +7* 7* CffiACHWA B —11?M®_ AUSTALt.ORD V7«.7_ «Wf ,l,4?741_
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  • Article
    FINANCE
    79 1 tggCHAUBE 1 KATES P ust St 1.40} 1.943 U99 ft* 9.(44 9.901 YKNIflt •DM im at im nsu ftKS m»_ mil IUHT 1MB 9.966 turuii IN 9.WJ UN 1 ,m. m SINGAPORE* .144 KUALA LUMPUR. .9.25 JAKARTA -law F Y <i jk y i 13 SA HONGKONG MM JtAflPKI.
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  • Article, Illustration
    Home sellers asking 'below valuation' prices
    441 1  -  Random checks show 15% of property resale ads is in this category By. Abdul Hadhi [SINGAPORE] It's a sign of the times sellers of private residential properties are asking for prices which they advertise as "below valuation". Random checks of advertisements in The Straits
    441 words
  • Article, Illustration
    Lock icon Tree with a cause
    71 1 [SINGAPORE] Laden with designer goodies, this Christmas tree by Ermenegildo Zegna and Salvatore Ferragamo is one of eight to be auctioned at the Ruffles Gala Christmas Dinner and Auction today. Guests of honour for the evening are President Ong Teng Cheong and Mrs Ong. The organisers
    ARTHUR LEE  -  71 words
  • Article
    Simex to launch Taiwan index futures, options in Jan
    429 1  -  Announcement comes in wake of similar moves by Chicago Mercantile Exchange By Siow Li Sen [SINGAPORE) The Singapore International Monetary Exchange (Simex) yesterday announced that it will launch futures and options on Taiwanese equities next month. The move is an apparent
    429 words
  • Article
    SIA confirms talks for stake in Sempati Air
    348 1  -  Other foreign airlines also keen, says Indon private carrier By, Ang Wan May (SINGAPORE] Singapore Airlines is negotiating for a stake in Indonesian private carrier Sempati Air. The company said in a statement that "discussions have taken place with Sempati on an
    348 words
  • Article, Illustration
    US to host special meeting on global telecom accord
    431 1  -  It wants to determine if pact on liberalising services can go ahead By' Vikram Khanna [SINGAPORE] The US will host a special meeting of 35 nations on the opening day of the WTO Ministerial Conference in Singapore to determine whether an
    431 words
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      Page 1 Advertisements Column 1
      116 1 msiDu IbattteMwctttf In his first press briefing as MD, Mr Lawrence Wee outlines an ambitious plan for the company, Pfl ■nam ar little impact mi property stocks as developers appear to be stfll working on good margins. iktaptl Air, this pg. No price impact expected as any investment would be
      116 words
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      Page 1 Advertisements Column 2
      313 1 HH l^MPifl 9^'^H flfytiPlmJef6Ppmfc3ffl{ukbrafa/werpm (which he/psmpaw fofer). When your business is going well, nothing should expandable So that as your business grows, you can hold you back. Least of all your printer cope with your extra workload easily by simply adding At Bppm, it prints 30%* faster than before. And
      313 words
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      Page 1 Advertisements Column 3
      4 1 WTO Focus, P# 6
      4 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      New IBM S'pore chief sets ambitious growth target
      504 2  -  ID wants Singapore mdt to grow at or fester than the rate «f IT industry here By Kanneth James IBM Singapore's new chief Lawrence Wee has announced plans that effectively shift the computer giant's local operations into overdrive. In his first press
      504 words
    • Article
      Small furniture retailers seek ways to cut fixed costs
      314 2  -  Stoty suggests central warehouse and toe-step sales centre By, Ang Wan May THE Singapore Furniture Association (SFA) is looking at ways to reduce heavy fixed costs of small to medium furniture retailers in a market favouring larger retailers. An industry report
      314 words
    • Article
      Illegal workers: Two firms fined
      193 2 CONTRACTORS Tiong Tien See Construction and Shimizu Corp have been fined for letting illegal foreign workers stay at their worksites. The Ministry of Labour (MOL) said yesterday Tiong Tien See was fined $91,520 for permitting illegal workers to enter and remain at its construction site
      193 words
    • Article
      Media firms' group debut in HK show
      79 2 TWO government agencies have organised the first Singapore group participation in MlP'Asia, a film and programme market for TV, video, cable and satellite. MlP'Asia 96, a three-day event, opens today in Hongkong. Organiser Singapore Trade Development Board said yesterday that 14 media companies
      79 words
    • Article, Illustration
      Lock icon Jan-Sep tax revenue up 8.7%
      378 2  -  EYE ON THE ECONOMY Tax revenue By] Diana Oon REVENUE collected by the Inland Revenue Authority of Singapore (IRAS) for the first nine months of this year amounted to $11.86 billion, about 8.7 per cent more than the $10.91 billion collected for the same period
      Source: IRAS; ALLAN  -  378 words
    • Article
      Strong growth seen for CPF insurance market
      415 2  -  IJA deputy head bases forecast op fw'tlyy tiberatisatfeo on use CPF saving next year By\ Soh Tiang Keng The CPF-linked market for life insurance has the potential to increase by two or three times next year, Tan Suee Chieh, deputy president of the
      415 words
    • Article
      Yellow-Top Cab cuts offer
      63 2 YELLOW-Top Cab (YTC), a unit of Comfort, will reduce its offer price for licences of yellow-top operators to $7,000 from next Monday. The current offer price of $8,000 was put in place on June 8, when the initial four-month offer of $10,000 expired. To date, YTC
      63 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      247 2 12TH HONG KONG GIFTS HOUSEWARE FAIR M 7TH HONG KONG PREMIUM SHOW APRIL 14-17,1997 HONG KONG CONVENTION EXHIBITION CENTRE i tPa/widite f Each April, thousands of international exhibitors gather in Hong Kong, J at Asia's largest gifts, houseware and premium fair to display their latest m products. It is a
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      Page 2 Advertisements Column 2
      93 2 The new with 12 sides to match the hours and a face engraved to last forever. ABaume Mercier GENEVE •mm Mirilaa Mlp« *01-086 Ngaa Ann C«y Towar 8 Ml Orchart Road. Snggwn *****4 Tat 732 8831. lii 1 1 P—tor* Chang HMJi Q—ry Chaw Chaong Walch Canlra Corf Mtt Canaa
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      231 3 1 Experience a new millenia of artistry ana service at The H our G1 ass, Millenia Walk. U THE DANIEL ROTH EXHIBITION H date: 5-16 December 1996 H co^ect iblcs such as the Limited ll VENUE: THE HOUR GLASS I #oi-27 MILLENIA walk. I Edition Retrograde and the world', first
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  • FOCUS: PROPERTY
    • Article, Illustration
      Cairnhill — the new en bloc sale hotspot
      600 4  - Cairnhill the new en bloc sale hotspot Developers are attracted by its central location and enhanced plot ratio By, Jenny Lam [SINGAPORE] THE winds of change are blowing through the residential Cairnhill neighbourhood. In a few years' time, it may look quite different from what Singaporeans have become familiar with.
      600 words
    • Article
      Buy-back sales not in resale data: HDB
      242 4  -  LETTER TO THE EDITOR Tay Boon Sun Senior Public Relations Officer for Secretary Housing and Development Board THE article "There's more to HDB Q3 resale data: agents" (BT, Nov 28) has raised some issues on the accuracy of HDB's resale figures. The HDB
      242 words
    • Article
      House Hunt
      992 4 Property transactions for districts 09 and 10 (sectors 22 to 23 and 24 to 27) lodged between Oct 21,1996 and Nov 30, 1996. PROJECT NAME/ PROP CONTRACT TENURE BUILT IH/ PRICE PSf STREET NAME TYPE DATE LAND AREA' (SOFT) (SS-000) (SS) District 09 AwHt Apt 23/2/96 999 1324
      992 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      228 4 r ■gBM Pot Dispenser PMBbI C IP Room Temperature Hot/Cold Counter Top H |g£ ft|gg£ II I Hot/Cold water Dispenser R134 Ozona Fnendty Compressor A Hot/CoW with r} W.Jn refrigerator. SKSS£T,» MMtar of MnM BoM WMv AatocMon WANIN INDUSTRIES PTE LTD 167-A Thomson Road, Goldhill Centre, S'pore *****9 Tel: *****88
      228 words
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      Page 4 Advertisements Column 2
      77 4 FOR SALE BY TENDER Prime Residential Development Site 15 to 17 Robin Road S.C.OA Land Area 24,682 sq ft pltL BUKIT timah ROAD Tenure FreehoW l£ooo Development Potential Plot ratio up to 2.1 Q Height Restriction :Up to 20-storeys < Tender Closing Date Thursday, 12 Dec c 1996 at 3.00
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      Page 4 Advertisements Column 3
      26 4 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.&I Another Classified Service
      26 words
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  • SOUTH-EAST ASIA
    • NOTE Book
      • Article
        Lock icon Tour bus tragedy driver arrested
        77 5 Bernama [KUALA LUMPUR J The driver of the tour bus involved in Tuesday's tragic accident with a stationary lorry on the Seremban-Kuala Lumpur highway in which 13 people, all Singaporeans, were kUled was arrested yesterday as police prepared charges against him under the Road Transport
        Bernama  -  77 words
      • Article
        Lock icon No new conditions to join Asean: Ramos
        62 5 AFP [MANILA] Asean will not impose any new conditions on Myanmar, Cambodia and Laos, which are seeking admission, PhUippine President Fidel Ramos said here yesterday. Mr Ramos said Asean would seek two main criteria: Accession to the treaty ofamity and cooperation between Asean
        AFP  -  62 words
      • Article
        Lock icon Chatichai named special adviser to PM
        52 5 AFP [BANGKOK] Chatichai Choonhavan, former premier and head of the second largest party in Thailand's coalition government, was yesterday appointed special adviser to Prime Minister Chaowalit Yongchaiyudh. Mr Chatichai's appointment as adviser for economic and foreign affairs came days after Mr Chaowalit named his
        AFP  -  52 words
      • Article
        Lock icon Inconclusive end to Indon car policy talks
        74 5 AFX-Asia [GENEVAI Talks between Indonesia and Japan over the former's national car poUcy ended inconclusively, a Japanese government official said. "They (Indonesia) answered some of our questions but they did not indicate whether the programme would be revoked, revised, or anything like that,"
        AFX-Asia  -  74 words
    • Article, Illustration
      Manila bay property not undervalued: Guoco lawyers
      392 5  -  MANILA Consortium still has to spend substantially on reclamation and infrastructure By, Al O Labita A 750-ha reclamation property that a Guoco led consortium is developing along Manila bay was not undervalued, lawyers for listed Guoco Holdings (Philippines) said yesterday. In a statement
      392 words
    • Article
      Lock icon Military rulers confine Suu Kyi to her home
      287 5 ■YANGON Reuter MYANMAR's military rulers confined opposition leader Aung San Suu Kyi to her home while student demonstrators tried to stage another rally at the troubled Yangon Institute of Technology yesterday. A Suu Kyi aide told Reuters by telephone that the Nobel
      Reuter  -  287 words
    • Article, Illustration
      Lock icon Baht won't be devalued: SEC chief
      346 5 HONGKONG Thai official says stocks hit by slower growth, fall in exports Bloomberg Business News THAILAND'S chief stocks regulator, seeking to reassure foreign investors with the benchmark index down 26 per cent this year, said any devaluation of the baht is "out of the
      Bloomberg Business News; Source: Bloomberg; ALLAN  -  346 words
    • Article
      Lock icon Vietnam set to get US$2b aid
      248 5 HANOI Western govts determined to help country's reform drive Reuter VIETNAM looks set for a major aid windfall of about US$2 billion (Ss2.B billion) at an annual pledging session this week, a sure sign that Western governments remain determined to bolster the communist country's
      Reuter  -  248 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      50 5 1~ H 1° A i D Daewoo (0° 97 >V h e s 'o c .v A* Jfc c 9 *2 W o° t s Ilk I ..-v -1' r orn Dec 9 6 most preferred Equipment Parts in the region I CEL. TRACTORS PTE LIMITED 5* tractors] Singapore...Malaysia...lndonesia... Philippines
      50 words
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      Page 5 Advertisements Column 2
      83 5 AT HOME ANYWHERE IN THE WORL|> •w V 0 Ermenegildo Zegna Singapore Ngee Ann 735 8147 K V J ■pf Isetan Scotts, Level 3 735 0539 Sogo, Raffles City, Level 1 mk 1 334 0752 1 Daimaru, Liang Court, Level 339 5871 r Milan Paris i London I New York
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  • RUN-UP TO WTO MEETING
    • Article, Illustration
      Japanese official confident of IT accord at ministerial meeting
      352 6  -  TOKYO Bat he is less sanguine about deal on investment liberalisation By. Anthony Rowley ONE of Japan's most senior trade officials yesterday said he was confident of an accord in information technology during the WTO ministerial meeting in Singapore. Ministry of
      352 words
    • Article
      Lock icon China to lobby for WTO entry at S'pore meeting
      453 6 BEIJING Beijing expected to press its case in bilateral talks Reuter CHINA is preparing a lobbying campaign to join the World Trade Organisation (WTO) at the ministerial meeting in Singapore this month. Officials said yesterday that the country will send a
      Reuter  -  453 words
    • Article
      Lock icon Foreign firms seek wider access to China's markets
      261 6 BEIJING Bloomberg Business News FOREIGN companies doing business in China view the country's bid to join the World Trade Organisation (WTO) as a rare opportunity to force open Chinese markets. "We want market access and the ability to do business here in
      Bloomberg Business News  -  261 words
    • Article, Illustration
      Lock icon Jakarta to oppose any WTO stand that includes social issues
      181 6 ■JAKARTA Reuter INDONESIA would oppose any declaration by the World Trade Organisation (WTO) that includes human rights and labour standards, the Jakarta Post daily said yesterday. "Indonesia will reject the inclusion of social issues, such as human rights and labour
      Reuter  -  181 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China vows to curb blind investment by provinces: report
      425 7 BEIJING But economists say regional authorities will defy attempts to restructure economy Reuter CHINA pledged yesterday to curb a rush by provinces to invest in high-profile industries but economists said defiance from regional authorities will impede attempts by the central government
      Reuter  -  425 words
    • Article
      Lock icon US to lay red carpet for minister linked to Tiananmen crackdown
      280 7 WASHINGTON Reuter THE Pentagon said on 'Tuesday it had no reservations about preparing a red-carpet welcome for Chinese Defence Minister Chi Haotian, who helped crush the 1989 pro-de-mocracy protest in Beijing's Tiananmen Square. "The answer to the question is
      Reuter  -  280 words
    • Article, Illustration
      Who is afraid of Wal-Mart?
      639 7  -  CHXMA WATCH Competition posed Iqr US giant promises to reshape China's retail landscape By Lu Ning IT WAS a scene that many Singapore retailers would no doubt envy. At American retail giant Wal-Mart's official opening in the southern Chinese city of Shenzhen in August, an
      639 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      62 7 Christof/e Pavilion Chiistofle The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3 Isetan Scotts Level 4, 350 Orchard Road, Shaw House, Singapore *****8 Tangs Basement, 310 k 320 Orchard Road. Singapore *****4 Isetan
      62 words
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      Page 7 Advertisements Column 2
      451 7 l > 2 jf' Utter refinement of jp proportion and finish gives j/ m the Breguet style timeless appeal. aW The delicate hand-workedguihoM J?" jgpr jp engraving on tbe silvered y gold dud was introduced v ifci in I by Breguet armnd 1796 and requires a level of llw^j W
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      372 8 jqfltSlSißWWlwhb l Jagm HPBfIHC v ,"wBMH 6>e re£in cffexf H I jhcz/? old flame. let. m at Alkaff Mansion are on e culinary front. They'll be adding flavour to our daily East-West buffet in the Mansion Hall, looking on the bright lfifl I jr —j„ fine dining, experience our unique
      372 words
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  • FOCUS
    • Article, Illustration
      On the high road to Asian unity
      1092 9  -  Move to give Asian Highway dream a new impetus By. Anthony Rowley [TOKYO J THE romance of roads is something that has penetrated deep into the soul of Kiyoshi Sato, executive director of the Japan International Cooperation Agency (Jica). He dreams of a
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      Page 9 Advertisements Column 1
      278 9 1 i^t 0 Vk-,.: w&L ?i r J jr? A L fcf; t®"*- w I *«>A M F I p pjH B|K_ I Lhmbml i I M JH» m I M A X »jm*+M»m. *Lik^rfdMß Ai—■ 1L i I 1 *1 V-. INTRODUCING THE NEW AND ONLY 2.01 ESTATE WITH
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  • ASIA
    • Article, Illustration
      Lock icon A$ makes another sharp retreat
      487 10  -  SINGAPORE Factors cited include economic data showing modest growth and falling inflation By Louis Beckerling THE Australian dollar yesterday extended its sharp retreat into a second day, falling another 2.5 cents to 78.54 US cents in overnight trade on the US market before rallying somewhat
      REUTER  -  487 words
    • Article
      Lock icon BOJ has secret policy panel, says paper
      280 10 TOKYO It decides on monetary policy without govt officials present AFP THE Bank of Japan (BOJ) has a "secret consultative body" that effectively decides on the nation's monetary policy with no government officials joining its proceedings, the Asahi Shimbun said yesterday. According to
      AFP  -  280 words
    • Article
      Lock icon S Korea's 2nd largest umbrella union votes to strike
      263 10 SEOUL Reuter MEMBERS of South Korea's second largest umbrella labour union yesterday voted overwhelmingly to strike in protest at plans to revise labour laws that they believe threaten jobs, a union spokesman said. Chung Sung Hee, a spokesman for the outlawed
      Reuter  -  263 words
    • Article
      Lock icon LDP urges cut in civil servants
      112 10 TOKYO AFP ADVISERS to Japanese Prime Minister Ryutaro Hashimoto have drawn up recommendations for the number of state civil servants to be slashed from 850,000 to 39,000, a newspaper reported yesterday. The draft drawn up by Mr Hashimoto's Liberal Democratic Party says most of
      AFP  -  112 words
    • Article, Illustration
      Lock icon A$1b fraud: Bond pleads guilty to two charges
      368 10 PERTH Disgraced tycoon's new charges each cany a maximum five-year penalty AFP DISGRACED former Australian tycoon Alan Bond pleaded guilty here yesterday to two charges relating to the biggest corporate fraud in the country's history. The 58-year-old former chairman of Bond Corporation
      AFP; REUTER  -  368 words
    • ASIA Notes
      • Article
        Lock icon New rules for Aussie telecom carriers
        60 10 Reuter [SYDNEY] The Australian government said yesterday that new carriers entering the telecommunications industry next year will need to have local content plans. Industry Minister John Moore said that from July 1 next year, when v the telecoms sector is deregulated, new carriers will
        Reuter  -  60 words
      • Article
        Lock icon S Korea to block North's Internet page
        67 10 AFP [SEOUL] South Korean authorities have set experts to work to stop people reading rival North Korea's Internet home page, scheduled to come on line today. Prosecutors, under orders from the Information and Communications Ministry, have asked Korea Telecom and 13 other internet
        AFP  -  67 words
      • Article
        Lock icon Support for Hashimoto's cabinet rising
        75 10 Bernama (TOKYO] Popular support for the second cabinet of Prime Minister Ryutaro Hashimoto rose to 56.5 per cent from 45.6 per cent three months ago, according to a survey released by the Yomiuri Shimbun yesterday. Of3,000 eligible voters polled by the newspaper on Saturday and
        Bernama  -  75 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      350 10 A? s I More Specialties At Superb Discounts! a IS?: 4 d -J Braised Superior Shark's Fin Braised Whole Abalone Braised Whole Superior Bird's Nest with Rock Sugar HJ with Bamboo Pith, with Oyster Sauce Shark's Fin in Qaypot UP:^3fr I Crabmeat and Dried Scallops UP:-$45- UP:4» NT CIA QH
      350 words
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      Page 10 Advertisements Column 2
      13 10 •01-15/16 Hiitok Horn Shopping GausiyTr:734 4855 »01-10 Mandaiin Horn Shopping AicadiTh. 754 153#'
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Yeltsin to send envoy to mollify strikers
        76 11 Reuter [MOSCOW] President Boris Yeltsin appointed a special envoy yesterday to mollify striking coal miners, who have not been paid for months and are threatening to bring down the Russian government if their demands are not met. Mr Yeltsin and Prime Minister Viktor
        Reuter  -  76 words
      • Article
        Lock icon Clinton, Yeltsin to meet next year
        55 11 AFP {WASHINGTON] US President Bill Clinton and Russian President Boris Yeltsin will meet next year in their first face-to-face meeting since their re-elections, the White House said on Tuesday. The Kremlin would not immediately confirm the summit, but a White House spokesman suggested it
        AFP  -  55 words
      • Article
        Lock icon Serbian courts refect request
        60 11 AFP [BELGRADE] An opposition spokesman said that Serbian courts yesterday had rejected a request to re-examine election-result annulments that have triggered 16 days of mass protests. The opposition had claimed victory in 15 of Serbia's 18 largest towns in the Nov 17 local elections, but courts
        AFP  -  60 words
      • Article
        Lock icon French tram, bus drivers on strike
        76 11 Reuter [PARIS] French tram and bus drivers went on strike yesterday, disrupting public transport in two major French cities to press their demands for safer and better working conditions. Tram drivers in Toulouse went on strike for the second day in a row over
        Reuter  -  76 words
    • Article
      Lock icon Exports push German Q3 GDP up 0.8%
      200 11 WIESBADEN, Germany BloombergBusiness News SOARING exports fuelled German economic growth in the third quarter, the government said, with analysts predicting that Europe's largest economy will expand at a modest pace into 1997. German gross domestic product rose at a quarterly rate of 0.8
      Bloomberg-Business News  -  200 words
    • Article
      Lock icon No signs of rising US consumer prices
      322 11 WASHINGTON Fed report says economy on path of subdued growth Bloomberg Business News THE US economy continues on a path of subdued growth with no signs of rising consumer prices, the Federal Reserve said yesterday. That should allow interest rates to remain unchanged.
      Bloomberg Business News  -  322 words
    • Article
      Lock icon Call to change inflation index calculation
      175 11 WASHINGTON AFP f AN economic advisory panel is expected to call this week for a new method of calculating inflation, a move that could save the government billions of dollars. The Washington Post said on Tuesday that the panel of five economists headed by
      AFP  -  175 words
    • Article
      Lock icon Asian-American groups press for Cabinet post
      425 12 WASHINGTON But leaders admit illegal campaign donation scandal may have hnrt efforts AFP ASIAN-American groups urged President Bill Clinton on Tuesday to name the firstever US cabinet official of Asian descent, saying they deserve a spot in the president's inner circle. But leaders of
      AFP  -  425 words
    • Article
      Lock icon Good chance of Euro launch in '99
      317 12 FRANKFURT European monetary body chief speak* en single currency AFP THE president of the European Monetary Institute, regarded as the future European central bank, has said that there is a "90 per cent chance" that the single currency will be launched on schedule
      AFP  -  317 words
    • Article, Illustration
      Lock icon Back on track
      52 12 [LONDON] Japanese tourists, upgraded to complimentary first<lass seats on a nearly empty train, talking with a Eurostar attendant before their departure from London's Waterloo International Station early yesterday. Eurostar resumed its passenger train service after two weeks of round-the-clock repairs following a Nov 18fire inside the Channel
      REUTER  -  52 words
    • Article
      Hawaii pours US$350m into new convention centre
      354 12  -  HAWAII By\ Stella Danker WITH tourist arrivals falling, Hawaii is pumping millions into a swanky convention centre in a bid to take on Asia for the convention dollar. The sunny PolynesianAmerican islands in the middle of the Pacific Ocean are pouring US$35O million
      354 words
    • Article
      Lock icon Harrods goes to court in bid to protect name
      243 12 LONDON Reuter TOP-CLASS department store Harrods launched a High Court bid on Tuesday to block moves to sell off its world famous name to the highest bidder. The London store is challenging the right of Harrods (Buenos Aires) Ltd and its
      Reuter  -  243 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      224 11 World Trade Organisation Ministerial Conference. 1996 Specially for Participants Guests Deluxe Unit Ss7so monthly Premier Unit SSBSO monthly Executive Unit Ss9so monthly Note: The above monthly rental provides you with the following comprehensive facilities to operate your representative office or overseas branch office instantly. New self lock-up carpeted office Location
      224 words
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      Page 11 Advertisements Column 2
      453 11 a /J j < Hk 1 PPPPliffl| fllH|P||^Hl i V v mMI Mla §ff ,JH RhK mS tmIW ||F H t/• 1 r^HI H Jk P»" V v&~~~ fefl 4££&ii« wl .V— ij^P" fj The freedom to do business anywhere. the first SM mobi|e phone to be combined with a
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      78 12 t< For further information on the new Audi A 8 or details on arranging a test drive, contact: Motor Ultima Ptc Ltd, 15 Queen Street, #01-01 Tan Chong Tower, Singapore *****7. Telephone: 338 3844 We are proud to announce the arrival of the new A 8 3.7 tiptronic. We've reinvented
      78 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Britain's Tories pray for a mild winter
      667 13  -  THE BOTTOM LDIE OPINION By Neil Behrmann The writer is BT's London correspdndent THE BRITISH Chancellor of the Exchequer, Kenneth Clark, has set the agenda for the nation's elections early next year. His safety-first budget was aimed at, above all else, keeping discontented
      667 words
    • Article
      IN OTHER WORDS
      146 13 This case has everything that obsesses the American people. It has sex, violence, race, Hollywood, sports. And the only eyewitness is a dog.' Jeffrey Toobin author of "The Run of His Life: The People vOJ Simpson on why he wrote the book. 'I have a wonderful idea
      146 words
    • Article
      Asean's meaning of unity
      611 13 EDITORIAL IT was a summit that was tougher than it looked. The First Informal Asean Summit in Jakarta last Saturday was the start of another novel form of Asean-style summiteering. But behind the informality were a number of tricky issues which tested the resolve of the
      611 words
    • Article, Illustration
      Lock icon The 21st century now
      1014 13  -  Economist believes we are already in the new century and outlines the big items in the picture By] Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in Los Angeles Times OFFICIALLY the new century is still four
      FILE PHOTO  -  1,014 words
    • Article
      MAILBOX
      250 13 Ultimata case of US Intransigence LEON Hadar's Bottom Line column (BT, Dec 4) highlights many instances of US involvement in the political and economic affairs of other countries. He has omitted to mention what is probably the ultimate (worst?) case of US intransigence. I refer to the ongoing attempts
      250 words
    • Article
      WHAT THE OTHERS SAY
      695 13 THIS was a good foreign policy week for Mickey Mouse and Ronald McDonald. It started with Walt Disney Co rejecting China's demand that it scrap a movie Disney is coproducing about the life of the Dalai Lama, the exiled Tibetan religious leader, whose drive for Tibetan
      695 words
  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Oprah moves book bestseller list
      635 14  -  Books selected by Oprah Winfrey for her televised book club is almost guaranteed of becoming a bestseller, says amdrewstesw ANDREW STERN Reuter THE next author Oprah Winfrey picks for her televised "book club" is almost guaranteed a spot on the bestseller lists. After Oprah launched
      Reuter; REUTER  -  635 words
    • Article
      Lock icon Jumping the gun on the new millennium
      362 14 HISTORY Reuter [LONDON] When the clock strikes midnight on Dec 31, 1999, billions of people around the world will celebrate the dawn of a new millennium a year too early. As the champagne flows and kisses mark the start of the new age,
      Reuter  -  362 words
    • Article, Illustration
      Camry stands tall among rivals
      526 16  -  MOTORING Pricing and comfort are amop£*iie piin selling paints of latest offering from Toyota By l Christopher Tan [SINGAPORE] The best thing about the new Camry from Toyota is its price. At slightly over $160,000 on the road, it is good value for a car
      526 words
    • BUMPER to BUMPER
      • Article
        Lower forecast for Asia car sales
        115 16 THE Asian vehicle market may not be growing as fast as the motor industry had hoped for. According to The Economist Conferences' First Roundtable on the Automotive Industry in Asia: Vision and Reality, which concluded last month, most analysts now forecast sales of under
        115 words
      • Article
        New heed protection system
        84 16 A HIGH-TECH head restraint system designed to give front-seat occupants better protection from whiplash injuries could be available here soon. The "Catcher's Mitt", from GM's Delphi Automotive Systems, haa two parts. A high-retention seat which acts like a baseball catcher's mitt by absorbing energy and pocketing
        84 words
      • Article
        Daewoo developing new engine
        105 16 DAEWOO of South Korea is working on a new engine line at its powertrain studio in Hallbergmoss, near Munich. Codenamed XS6, the aluminium six-cylinder, in-line range will be in capacities ofBoocc to 2,500 cc. The engines will not only be lightweight, but compact as well; and
        105 words
      • Article
        4.8% more cars on the island
        85 16 SINGAPORE'S car population (including taxis) as at end-October stands at 379,781, up 4.8 per cent from the number at the end of last year. Luxury cars (2,001 cc and above) saw the largest increase of 10.9 per cent, from 23,182 to 25,702. Next was
        85 words
      • Article, Illustration
        The fairest of them all
        84 16 JAGUAR'S XKB has been voted the most beautiful luxury two-eeater in the world at the Milan International Competition. The Italian judges, experts in the Held of fisuafcrte, found the cars (coupe and convertible) "supremely artistic, the latest descendants of the XK j family and the
        84 words
      • Article
        Santa in Harleys' Christmas Toy Run
        87 16 FOR children at four charity homes, Santa and his helpers will come on roaring Harley-Davidsons this Christmas. More than TO Harley owners (one drsased as Father Christmas) will visit the Children's Aid Society, Dahrul Ihsan Girls' Home, Dahrul Ihsan Boys' Home and Canossaville Children's
        87 words
      • Article
        Insurance bargain
        35 16 AGF Insurance has introduced coverage plans for owners with two cars; and for cars which are used exclusively by the owner and spouse. Subject to various conditions, the plans will mean lower premiums.
        35 words
      • Article
        More electronic parts in cars
        85 16  -  Oo—pflsdbyi Christopher Tan NO, YOITre not imagining it, cars are becoming more electronic. The average content of electronics in a car at the manufacturing stage now stands at USsB2o(Ssl ,288); but over the next 10 years, the figure will exceed US$l,7OO, with levels in the
        85 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
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      30 words
    • Advertisement
      Page 14 Advertisements Column 2
      270 14 I J BUMNISS 1 The only monthly business magazine that gives you the Singapore perspective of the I local and regional business scenes MssjMjgfcygl, BUSINESS BUSINESS Makmg lt J Written by the same experts who bring you the BUSINESS TIMES, you can rely on our solid reporting of the important
      270 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      193 14 tmbWEATHEE Singapore Cloudy with moderate to heavy showers in the late morning and afternoon. Temperature (23-30) HVLo* OW. Cmripi HVLo* (Ml l—fci HVU* OmL AuriM I*ls (tody Aatfndto «4S (tody Kbm 17/f7 (to* 11/ a (tody A*r* Mr? Shawm Barm Aim 17/tt Showers HflNf 06/-6 (to* Hnta M/l (tody (Wo
      193 words
Page thumbnail Page 15
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      750 15 Home Decor For people who love their homes Where to wine, dine and entertain ILDNGEST rfi-Tesmjowfj BY POPULAR DEMAND' on our spread of Pastries, Nonya Kuek, I and local favourites like Met Simm, Lmksm, Rojak, Mee Rebus and more! Adult: $12.80 (Sal. Sum 4 Public Hobdays SI 3.90) Child: $7.80
      750 words
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      Page 15 Advertisements Column 2
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      99 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      714 15 TV&RADIO ass M"— su 25 SEE iiSS S MO Money. Money, tS SSdenGirU. tS CNBC s l^ n Property Report. 2-lfl Tabitha Minerva Goes 13n TV I tj f 4.00 TV Innovations. Straieht 1 v innovation. 430 The Sooty Show. 2.40 Tour of Duty. Xo Pnmarama SUM Mr Roger's Neighbour-
      714 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      360 15 CKVFTIC CROSSWORD ACROSS i ER k E E HBBB 1 Just the right thing to take! (ll) I j Stirring articles are written about iHI Ha HH soapstone! o) _JBBL_HH__ 10 Exciting start made by five in French S j J I 1 I jj street to produce theatrical work
      360 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
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      135 words
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      Page 16 Advertisements Column 2
      39 16 Fantastic Christmas Wine JT i Fair December 6,7 and 8 from lOam to 6pm Function Room number 6 60A Martin Road Trade Mart Singapore jjWfc Prasia Distribution Pte Ltd 608 Martin Road. #06-07/08 Singapore *****7 Tel: *****77 Fax: *****95
      39 words
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  • COMPANIES & MARKETS
    • Article
      CDL may spin off HK$10b worth of hotels
      322 17  -  New company to be formed will be listed in Hongkong By< Catherine Ong [SINGAPORE] CDL Hotels International, the Hongkonglisted hotel arm of Singapore's Hong Leong group, may spin off hotels worth more than HK$lO billion (Ssl.9 billion) into a new company to
      322 words
    • Article, Illustration
      Lock icon Keppel Bank in private share placement to raise $207m
      348 17  -  By\ Shiv Taneja [SINGAPORE] Keppel Bank is raising some $207 million from the placement of 52 million $1 shares at $3.98 each. It said yesterday the shares will be privately placed with investors. Robert Fleming, JM Sassoon and Tsang Ong Stockbrokers
      Source: Bloomberg; ALLAN  -  348 words
    • Article
      Econ Int'l moves into Indon coal mining
      253 17  -  By. Abdul Hadhi [SINGAPORE] Econ International which was taken over last year by Yenville Pte Ltd, an Indonesian-owned company led by the Pribadi family is diversifying into coal mining in Indonesia. In a statement yesterday, the construction and property group said it had
      253 words
    • Article
      Japan's 'Big Bang'could spell big backs for stocks
      788 17  -  HOCK LOCK SIEW Anthony Rowley TOKYO'S planned "Big Bang" to deregulate its financial markets has so far produced little more than a whimper on the stock market, where share prices have continued to languish. The markets could have failed to recognise that
      788 words
    • Article, Illustration
      Lock icon Berger aims to double sales in 3 years
      524 17  -  Ven Sreenivasan (SINGAPORE) Listed paint maker Berger International is aiming for a 15 per cent return on equity per year and hopes to double its turnover within three years on the back of stiong growth in its Malaysia, China and Philippines operations.
      CHRIS LOH  -  524 words
    • REGIONAL COMPANIES
      • Article
        New face to watch in Malaysia
        418 18  -  Transport minister's son, 27, takes control of three listed Malaysian companies in as many months From] Ruth Wong in Kuala Lumpur FOR Ling Hee Leong, eldest son of Transport Minister Ling Liong Sik, taking control of three listed companies in a span of three
        418 words
      • Article
        Lock icon Bre-X, Barrick yet to strike deal over Indon gold find
        421 18 Reuter [JAKARTA] A senior Indonesian mines official yesterday said there had been no deal yet between Canada's Bre-X Minerals Ltd and Barrick Gold Corp over the huge Busang gold find in East Kalimantan. Umar Said, secretary-gen-eral of the Mines Department,
        Reuter  -  421 words
      • Article
        Lock icon Ekran hands over dam construction to consortium
        308 18 AFP [KUALA LUMPUR] Malaysia's Ekran Bhd, developer of a multi-billion-dollar dam project, was quoted as saying yesterday that it had handed over the site for construction by a Swiss-led consortium. Ekran executive chairman Ting Pek Khiing said the entire construction package for the
        AFP  -  308 words
      • Article
        Lock icon Wheelock's interim profit dips 47.8%
        178 18 AFP [HONGKONG) Hongkong's Wheelock and Co yesterday said net profit fell 47.8 per cent from a year earlier to HKJ7BB million (SSI43 million) in the six months to September. The figure fell below market expectations of between HK$BOO million and HK11.04 billion. The business and
        AFP  -  178 words
      • Article, Illustration
        Lock icon Flextech surges on 'buy" calls from broking firms
        385 18  -  Analysts see bigger contribution from wholly-owned nnit By Annette Pau [SINGAPORE] An upward rerating of Sesdaq-listed Flextech Holdings by stockbroking houses has pushed its share price up 26.4 per cent over the last week. Yesterday alone, shares of the electronic components distributor
        Source: Bloomberg; ALLAN  -  385 words
      • Article
        Lock icon Thai brokers expect smaller annual bonuses this year
        363 18 Reuter [BANGKOK] Thai brokers expect to receive smaller annual bonuses this year due to declining volumes on the bearish stock exchange, now lingering at three-year lows. Industry-wide bonus payments would average around three or four months' pay compared with last year's six,
        Reuter  -  363 words
      • COMPANY Briefs
        • Article
          Noel won't buy Heritage stake after all
          50 18 [SINGAPORE] Noel Gifts International will not be acquiring the Interests of the major shareholders of the Heritage group of companies as stated in its prospectus in 1993. It said yesterday that Heritage, which is in the mail order business, would be wound up.
          50 words
        • Article
          Inter-Roller rights 107% subscribed
          54 18 [SINGAPORE] Inter-Roller Engineering has received acceptances and excess applications for 18.24 million rights shares, representing about 106.86 per cent of its l-for-2 rights issue, which closed on Nov 29. The rights issue—consisting of 17.07 million new shares offered at 35 cents each —will raise net proceeds
          54 words
        • Article
          Avimo requests trading suspension
          26 18 [SINGAPORE] Precision optical and laser instruments maker Avimo yesterday asked for a suspension of trade in its shares today, pending an announcement.
          26 words
        • Article
          Osprey director quits
          14 18 [SINGAPORE] Osprey Maritime director Peter Frans Gontha has resigned, effective yesterday.
          14 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon China Resources to buy 10% of HK's top port operator
        437 19 It will pay HKs3Jib in cash and stock to parent company in bid to diversify business Bloomberg Business News [HONGKONG] China Resources Enterprises Ltd will buy 10 per cent of Hongkong's dominant port operator for HK$3.5 billion (***** million) in
        Bloomberg Business News  -  437 words
      • Article
        Lock icon Tsui Yiu-wa to be HK stock exchange chief in February
        218 19 Bloomberg Business News [HONGKONG] Tsui Yiu-wa will replace Paul Chow as chief executive of the Stock Exchange of Hongkong in February, the exchange said yesterday. Mr Tsui, 47, became the exchange's deputy chief executive in January. He joined the exchange
        Bloomberg Business News  -  218 words
      • Article
        Lock icon AMP to unveil A$12b listing
        114 19 AFX-Asia [SYDNEY] The AMP Society is to announce next week plans for its Asl2 billion (5513.4 billion) listing, the Sydney Morning Herald reported. The insurer said following a 12-month review, the AMP board will be making a decision involving creating a new holding company and
        AFX-Asia  -  114 words
      • Article
        Lock icon Optus to invest A$600m in network
        244 19 Aussie phone company shares duopoly mr local calls Bloomberg Business News [SYDNEY] Optus Communications Pty Ltd, Australia's sec-ond-ranked telephone company, said it will invest more than A) 600 million (***** million) developing its network in Australia in the year ahead. "We will continue to
        Bloomberg Business News  -  244 words
      • Article, Illustration
        Lock icon Microsoft's new exco includes 2 rising stars
        372 19 Two senior VPs drawn in to help boost collaboration among product groups Bloomberg Business News [WASHINGTON] Microsoft Corp has formed a nine-person executive committee, bringing two new members into the company's highest decisionmaking body. Jim Allchin and Brad Silverberg, senior vice-presi-dents at the
        Bloomberg Business News  -  372 words
      • Article
        Lock icon Acer group to build NT$3b chip-testing plant
        255 19 Facility to be set up near hob of Taiwan's high-tech industry Bloomberg Business News [HSINCHU, Taiwan] A group of Taiwan companies led by Acer Inc and its affiliates will spend NT$3 billion (Ssls3 million) in 1997 to build a semiconductor testing facility near
        Bloomberg Business News  -  255 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon France suspends sale of Thomson over objections
        388 20 Commission objects to sale of multimedia business to Daewoo AFP, Bloomberg Business News [PARIS] France yesterday suspended the privatisation of Thomson because the privatisation commission objected to the controversial sale of the multimedia business to Daewoo of South Korea. But the finance ministry
        AFP,; Bloomberg Business News  -  388 words
      • Article, Illustration
        Lock icon Want to kiss the bride?
        54 20 [LONDON] Entrepreneur Richard Branson showing a bit of leg on the catwalk as he promotes his new business venture "Virgin Bride "during its launch on Tuesday. Branson, who shaved his beard for the big event, said his bridal retailing business will revolutionise the wedding industry
        REUTER  -  54 words
      • Article
        Lock icon IBM to spend US$440m on disk-drive plants
        300 20 Thailand factory will make 2J>-inch drives for portable computers Bloomberg Business News, AFX-Asia, Reuter [SAN JOSE, California] International Business Machines Corp said it plans to spend US$44O million (Ss6l6 million) to expand its worldwide manufacturing capacity for disk drives and other components, including
        Bloomberg Business News,; AFX-Asia,; Reuter  -  300 words
      • Article
        Lock icon Porsche turnover zooms up by 40%
        259 20 FT [FRANKFURT] The recovery at Porsche, the German sports carmaker which saw sales plummet in the early *****, picked up speed in the first quarter with turnover climbing 40 per cent to 822 million marks (*****.8 million). The improved figures were helped by strong
        FT  -  259 words
    • FINANCE & COMMODITIES
      • SMALL Change
        • Article
          Lock icon NatWest to cut 10,000 jobs
          65 21 Bloomberg Business News [LONDON] National Westminster Bank said it will cut at least 10,000 jobs in the next four to five years as it streamlines its retail banking business. Nat West said it will also cut the number of processing and telephone centres around the
          Bloomberg Business News  -  65 words
        • Article
          Lock icon From development corp to a bank
          74 21 AFX-Asia (TAIPEI] China Development Corp expects to become an industrial bank next year, chairman Liu Tai-ying said. The Economic Daily News quoted him as saying the company's issued capital will increase to between NTS 33 billion (511.68 billion) and NT$35 billion in three years
          AFX-Asia  -  74 words
        • Article
          Lock icon Merrill Lynch in Indian broking venture
          66 21 Bloomberg Business News [BOMBAY] Merrill Lynch has bought an 8.33 per cent stake in an Indian broking joint venture with merchant banker DSP Financial Consultants, an official at the joint venture said. Merrill Lynch, the biggest US securities firm, retained the right to raise
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Taiwan banks' overdue loans jump
          78 21 AFX-Asia [TAIPEI] Seven banks owned by the Taiwan provincial government saw their combined overdue loans rise to NT5169.35 billion (518.63 billion) at end-June from NT176.9 billion at end-June 1994, the China Times Express reported, citing provincial assembly member Chou Ching-yu. Taiwan Cooperative Bank had the
          AFX-Asia  -  78 words
      • Article
        Lock icon 18 groups eye Mexico pension funds
        341 21 6E Capital among those which obtained initial approval Bloomberg Business News [MEXICO CITY] Eighteen groups including partnerships involving General Electric Capital Corp, Aetna Inc, Citicorp and American International Group Inc received initial approval to manage pension funds in Mexico. To qualify, the groups had
        Bloomberg Business News  -  341 words
      • Article
        Lock icon Lloyds to start insurance underwriting in Japan
        490 21 Company also eyeing Hongkong as it looks for new global investment opportunities Bloomberg Business News [NEW YORK] Lloyd's of London plans to start an insurance underwriting business in Japan next year, and eventually in Hongkong, as it scours the globe for new investments.
        Bloomberg Business News  -  490 words
      • Article
        Lock icon Ernst & Young breaks profit-secrecy tradition
        181 21 Ernst Young breaks profit-secrecy tradition FT [LONDON] Ernst Young, the Big Six accountancy firm, has broken with a century of financial secrecy by publishing its first set of annual "picstyle" report and accounts. E&Y's publication of 50,000 copies of its annual report on Tuesday marks a significant break with the
        FT  -  181 words
      • Article
        Lock icon Traders worry about explosive end to growing LPG price bubble
        604 22 Speculators said to be pushing Saudi Arabian LPG market to artificially high levels Reuter [LONDON] A price bubble is growing again in the multi-million-dollar world market for liquefied petroleum gas (LPG) and traders expect it to burst early next year.
        Reuter  -  604 words
      • Article
        Lock icon MasterCard sues Amex over rewards programme
        268 22 Bloomberg Business News [NEW YORK] MasterCard International said on Tuesday it was suing Advanta Corp and American Express for allowing MasterCard holders to earn points that can be redeemed in Amex's rival awards programme. The lawsuit, filed on Monday in the US District Court
        Bloomberg Business News  -  268 words
      • Article
        Lock icon Insurance industry facing big changes
        402 22 Internet, capital markets, banks to have impact on industry, conference told Reuter [NEW YORK] The Internet, the capital markets and competition from banks will bring about profound changes in the insurance industry in the next decade, speakers at a Coopers Lybrand insurance conference said on
        Reuter  -  402 words
      • Article, Illustration
        Lock icon IBM sells record US$850m century bonds as yields fail
        542 22 Bonds priced to yield 7.22%, or 80 basis points above the 30-yr Treasury bond Bloomberg Business News [NEW YORK] International Business Machines Corp sold US$B5O million (Ssl.2 billion) of debt that will not mature for 100 years, in the largest-ever sale
        Bloomberg Business News  -  542 words
      • Article
        Lock icon Euroyen dips in dull trade
        230 22 STMFfIF Report Reuter [SINGAPORE) Simex Euroyen futures backed off slightly in a listless session yesterday but dealers said the market looked well supported on the lower end and was likely to consolidate in a new range after last week's tankan report. Interest was limited by
        Reuter  -  230 words
      • Article
        Lock icon CURRENCY REPORT
        168 22 AFP New York The US dollar firmed against other major European currencies but was under pressure from the Japanese yen in early trading here yesterday. Gold was up US$2.5O at US$37l an ounce compared with its closing on Tuesday. While the US dollar was firming against the mark,
        AFP  -  168 words
      • Article
        Lock icon Gasoline gains on French strike, lean stocks
        309 22 ENERGY REPORT Bloomberg Business News [NEW YORK] Gasoline futures rose amid speculation that a strike at oil refineries in France may reduce exports to the US at a time when US gasoline inventories are close to their lowest point on record. Workers at
        Bloomberg Business News  -  309 words
      • Article, Illustration
        Untitled
        1422 22 nrrBKBAMM CROSS KATBS Dec 4 A$ CS fO ICU Ffr P» MK$ llhlgMi Yw W M$ «$N>0» Pm t> —i Ifr ETf M* Hm* W$ Australia 1000 6.178 0444 4.206 1444 6.100 28.565 18.750 0.905 6440 2.017 1126 32.122 ***** 1121 3.718 1054 ***** 20.421 0.406 0.799 Canada 0.926 6.162
        1,422 words
    • Article
      COMMODITY PRICES
      1810 23 Dec 4 RUBBER (fMurts Ootiaq «t 5.30p») RSS t CONTRACTS cwtsAg) Month High 1 Clos# ow Satt Votoma (tOMMS) Opan Intarast J«i 97 Feb 97 Mar 97 Apr/Jun 97 Jut/Sap 97 Oct/Dtc 97 176.25 176.00 176.25 178.50 181.50 184.00 186.50 185.00 185.50 187.00 186.00 186.50 too 450 450
      1,810 words
    • Article
      WORLD STOCK MARKETS
      2290 23 tommt Dec 4 hw AS Ports 275.400 -3.600 M»y National 709.200 -3.200 Allied Oomecq 437.400 -7.600 Anwc 93 uncti Aidi Group 119 unch BATInd 468 -5.200 BICC 279.400 400 BOCGroup 096.400 2 BR Petroleum 665.400 -5.600 BTR 233.600 -3.800 Bank of Scotland 296 -1 Barclays >018 2
      2,290 words
    • Article
      Lock icon TOKYO
      1625 23 AFP Hiataiaas +MJ6 SHARE prices closed 0.1 per cent higher yesterday with the Nikkei stock average supported by dealer-led short covering on international blue chips, brokers said. "Dealers were covering short positions in Sony, Canon and Nissan in the afternoon session," a broker said at a mid-sized securities house.
      AFP  -  1,625 words
    • Article, Illustration
      Lock icon HONGKONG
      1650 24 Bloomberg Business News DHißgSeag -2102 STOCKS fell for a second day led by property stocks and Citic Pacific Ltd. Sun Hung Kai Properties Ltd, which accounts for nearly one-tenth of the Hang Seng Index's capitalisation, paced re-al-estate companies' declines. Investors questioned whether profit growth will support a rally that's
      Bloomberg Business News  -  1,650 words
    • Article, Illustration
      Lock icon CHINA
      679 24 Bloomberg Business News, AFP CI Shenzhen B Index -CL33 SHENZHEN B shares fell, as investors questioned whether profits can support a rally that's driven the index up 176 per cent this year. The benchmark B-share index fell 0.2 per cent to 164.77 points. The benchmark Ashare index rose 2.3
      Bloomberg Business News,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  679 words
    • Article
      Lock icon TAIPEI
      403 24 AFP QWPliite +7.2S SHARE prices finished 0.1 per cent higher yesterday as investors bought cheap cement and construction issues. "Following Tuesday's downturn and in the absence of fresh leads, some investors shifted to pick up low-cost cement and construction shares," said Allen Wu of Masterlink Securities Co Ltd. The
      AFP  -  403 words
    • Article, Illustration
      Lock icon JAKARTA
      777 24 Bloomberg Business News Q Composite Index *5.46 STOCKS rose for a second day, led by the market's largest companies, amid signs inflation is under control and economic growth will be strong next year. Leading the gainers were PT Telecom, the domestic phone company, and clove cigarette maker Gudang Garam.
      Bloomberg Business News  -  777 words
    • Article, Illustration
      Lock icon BANGKOK
      834 24 AFP SET Index -7.49 SHARE prices closed 0.8 per cent lower yesterday in thin trading with the index dropping below the 900-point level amid continuing concerns about the economy, dealers said. "Foreign investors continued to adjust their portfolios and that worsened local investor confidence," and most were sidelined ahead
      AFP  -  834 words
    • Article
      Lock icon MANILA
      355 24 AFP QMaaiU. SHARE prices rose one per cent yesterday as interest in giant oil refiner Petron Corp following an announcement of an increase in oil prices helped pull up the market. The Philippine Stock Exchange Index rose 29.51 points to 3,130.87. Turnover was 4 billion shares worth 2.503 billion
      AFP  -  355 words
    • Article
      Lock icon SEOUL
      369 24 AFP n Composite Index -172 SHARE prices fell 1.3 per cent yesterday amid concerns that some banks may be affected by client problems stemming from the weak state of the economy, dealers said. "Every indication points to a continued slide of the market," a KFB Securities dealer said. The
      AFP  -  369 words
    • Article
      Lock icon SYDNEY
      613 24 AFP QAllOriiMriM -M A SLUMP on Wall Street combined with a lower Australian dollar and weakness in gold price to depress the bourse. The Australian Stock Exchange's key indicator, the All Ordinaries Index fell 9.4 points to 2,370.7. The All Resources Index dropped 9.1 points to 1,373.3 while the
      AFP  -  613 words
    • Article
      Lock icon WELLINGTON
      258 24 AFP ♦1137 SHARE prices rose 0.5 per cent yesterday as the market benefited from lower interest rates. The key NZSE-40 Capital Index rose 12.37 points to 2,391.28. Turnover totalled NZ579.4 million. —AFP Ok 4 rOWl ANZ Banking 9-20 -0.05 ***** *0v«nt»9*j MMq* 1.24 uoch ***** Air New Zeelend (A)
      AFP  -  258 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares reverse falling trend
        8068 25 AFP d Composite Index +5.71 MALAYSIAN benchmark stocks rose for the first time in a week, led by construction stocks such as United Engineers Malaysia, as investors bid up its shares on its earnings outlook. The key stock index ended 0.5 per cent higher yesterday as
        AFP  -  8,068 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2393 26 MALAYSIAN STOCKS Gf Cf L4«* V«4 Day Last Ouota Otv Otv YM Nat M Cap Ht stna Company Sa(a COOP) High Law Buyar SaBar Cw >/I >mil 425 360 m> 5000 AISBSOc 386 cd -2 20 386 362 304 3M 5.0 4.9 0.4 81.8 396.0 119 84 ms
      2,393 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1552 27 TURNOVER COOO) VALUE COOO) »U4B CI» TXI MH> cut InduttrM 43.993 13,929 57.922 92.138 27.719 119.856 rinjnc# 4.999 3,788 8.7*7 52,207 7,784 59.991 HO»»« 902 304 U06 2.495 487 2.962 ProfltrttM 5.071 4.627 9.698 24.932 5.534 30,466 PUnUttOfi 1,070 1.070 2,447 2/467 MWn* 350 350 909 909 •LW 6,442 7,024
        1,552 words
      • Article
        MAIN BOARD
        4824 27 Of Qf M Wt 1996 Last Vol Day Last Oust* W« 01* Vld H.« Cap Avg M'd« Ln St No Cempany Sal* COOO) High Law Buyer lOf CV P/t Price mmiSTtiALs 5146 ASENTSK)200. US- 1000 900 ASF US$0.***** US900 885 90.0 214 165 1258 Acer 50c. US178 *4
        4,824 words
      • Article
        SESDAQ
        1017 27 Va< Of Last Oust* D* Otv Ytd Mat Cap A?g >•» C——9 fW W» U» »—ar Pw Wt >31 Mm 2®9 >35 2000 un£h W5 184 184 188 J O 14.2 0.1 115.6 82 3 185 146 68 2049 ASAutolOC 140 unch 162 141 138 139 140 45J )41
        1,017 words
      • Article, Illustration
        HOT STOCK
        56 28  -  bjl Shiv Taneja SINGAPORE The outlook for UIC is positive although in the near term, the share price will probably fall a little before a trend reversal begins. Daily RSI and Stochas tics are at 25. The stock closed yesterday at $1.18, down one cent on a volume
        56 words
      • Article, Illustration
        STII up on what could be early window dressing
        819 28  -  STOCK MARKET COMMENTARY Trading mainly directionless but big drop in Tuesday's Dow said to have unsettled some investors, turning punters cautious By R Sivanithy [SINGAPORE] Year-end window dressing seems to have arrived early this year. Both the local and Malaysian stock
        819 words
      • ON THE GRAPEVINE
        • Article
          A prime penthouse
          47 28 IT's amazing how mail is sometimes able to find its way to the right address. A colleague yesterday received mail addressed to her as follows: "The Busmess Prime, 390 Kim Seng Road. The Penthouse." For the record. Times House does not have a penthouse.
          47 words
        • Article
          Cost-way Bay?
          85 28 FOR those who love visiting Hongkong to shop at Causeway Bay, you now know where most of your money go to. According to property consultant Marlin Land, retail outlets in the tourist belt of Causeway Bay on Hongkong island are the world's most expensive to rent, almost twice
          85 words
        • Article
          Caught by the travel bug
          90 28 THE travelling expenses of managers in China are the bane of the chairman of a listed construction company. Speaking at the completion of a hotel project in China, he told how he had to reprimand one of his managers for flying off every two weeks.
          90 words
        • Article
          Bit late in the day
          70 28 WE HAVE just received an "urgent announcement" from International Computers Communications that its 19th IC&C World Business Summit, which was to be held on Dec 11-13, has been postponed to avoid schedule conflicts with the World Trade Organisation meeting from Dec 9-13. Given that the
          70 words
        • Article
          Virtual condoms
          48 28 YOU can now buy condoms over the Internet. Cybershoppe, an Internet mall set up by Sembawang Media, includes an Internet shop called Condomz.com. Smart move. You could never feel and touch the goods anyway, so you could say this is the ideal product for virtual shopping.
          48 words
        • Article
          Not quite hi-tech
          66 28 AT A press conference to launch an IT project involving a slew of IT specialists, a 20-minute presentation was done on an overhead projector, despite all the IT expertise in the room. One wag could not resist commenting on the irony of the situation a $10 million
          66 words
        • Article
          What's in the piggies?
          106 28 HERE'S a definite first. Apparently, for the first time Singapore took part in the World Piggy Bank Contest organised by Japan's Ministry of Posts and Telecommunications and the World Savings Bank Institute. The contest drew a total of two million submissions from children around the world.
          106 words
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      118 17 SONY. T\ V. HK]Qv NOW YOU DON'T NEED THE DARK TO PERFORM YOUR BEST S? yyip Sony presents a data projector that works even in ambient light conditions. The VPL VSOOQM LCD Data Projector puts your presentation in a better light, thanks to its newly developed optical unit and a
      118 words
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      97 18 "Prebon Yamane sweeps the board'* Asiaßisk Nov 1996 We couldn't have done it without you. We would like to thank all our clients for their continued support, which has been a vital part of our success. In this year's Asiaßisk rankings Prebon Yamane was voted top broking house in a
      97 words
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      Page 18 Advertisements Column 2
      162 18 "Dctftce "Package Garden Dinner Dance Package is sure to make your next company or private a revounding success. Even with a minimum party of 50, you can enjoy the best from food to music, to gracious hospitality for as little as $40 a person. Now to enjoy our special offer!
      162 words
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      Page 19 Advertisements Column 1
      114 19 Calls to Malaysia* slashed by up to 43%! W 1/JU* »»y J«r("*y V if hf t <.^rA y, Left your heart in Penang? Ipoh? Or was it Sarawak? It doesn't matter. Because the H") Sill2aDore cost of calls to Malaysia will be slashed from 1 January 1997. Call these states
      114 words
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      535 20 BUSINESS Notices TO ADVERTISE CALL TOLL-FREE 1 800-74 1 1 883 INTRACO LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES Application has been made to the Directors of the abovenamed Company to issue duplicate certificates in place ol' the following certificates which have been reported lost or destroyed
      535 words
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      Page 20 Advertisements Column 2
      482 20 In the Matter of The Companies Act Cap. 50 And In the Matter of FORT CANNING AQUARIUM PTE LTD (In Creditors' \bluntary Liquidation) At an Extraordinary General Meeting of the members of. the abovenamed Company, duly convened and held at 336 Smith Street #06-308 New Bridge Centre Singapore *****6 on
      482 words
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      Page 20 Advertisements Column 3
      263 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 ANO IN THE MATTER OF SUN HEE ENTERPRISE JEWELLERY CO (PTE) LTD aaa-a a. saai a„| trvwmoers vomnvary vrvxirig-up) At an Extraordinary General Meeting of the Members of SUN HEE ENTERPRISE JEWELLERY CO (PTE) LTD duly convened and held at 1019
      263 words
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      Page 20 Advertisements Column 4
      279 20 la die Matter of The Companies Act. Cap. SO And la the Matter of WEE MENG MARINE PTE LTD (In Memberj' MaUmtary Liquidation) At in Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 336 Smith Street #06-301 New Bridge Centre Singapore *****6 on
      279 words
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      Page 20 Advertisements Column 5
      155 20 f IN THE MATTER OF THE COMPANIES ACT, CAP. 90 ANO M THE MATTER Of MM ASIA PTE LTD (In Voluntary Liquidation) MEMBERS* VOLUNTARY WINDING UP {Pureutnt to Section 2tO(2Xt»> At an Extraordinary General Meeting of the Company n#KJ II no. si nowion notQ •08-06/07. Qoldhill Plaza. Singapore *****0 on
      155 words
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      Page 20 Advertisements Column 6
      221 20 f Where Can I Host 1 A Christmas Lunch For 50 Guests From December 1 to 24, with the ease of a phone call, you can impress your guests, reward your staff or simply host a lunch affair for up to 150 people. Within the privacy of one of our
      221 words
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      Page 21 Advertisements Column 1
      188 21 ulhi executive on the go, Compaq created the Friday, 6 December 1996 specially brought to Armada family of power-packed, LandrnaTk j eC hnologies. ■flan looking notebook computers. lu lL J| With the participation of hot lifestyle names like Designed with your needs in mind, Armada Burberrys, Mercedes-Benz, Harley Davidson, Sub-Zero
      188 words
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      Page 21 Advertisements Column 2
      91 21 The Different strokes ...v\ one smooth writer, I Recommended signature penVl„ I Waterproof and fade resistant pigment ink Ej Br Special stainless steel tip j 0.03 mm smooth line I Colours: Black, Blue and Red unS-ball DELUXE U8177 Roller Ballpen V Available at leading department stores and t stationery/book stores.
      91 words
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      Page 22 Advertisements Column 1
      184 22 Empower your Finance Manager. Authorise him to upgrade to Real-Time Accounting. Trust his professional judgement. He wants to do his job better. He is keen to monitor the company's financial health on an ongoing basis, as sales take place and collections come in. He has been dedicated to his job
      184 words
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      Page 24 Advertisements Column 1
      43 24 1 another face. Ebßi IjppSii Jaeger leCoultr^> REVERSO DUO. I||B§B Iwi reverso. (■■■J ■■HWLj J Avant-garde TV V WW SINCE 1931 FOR A FREE COPY OF OUR 200-PAGE CATALOGUE, CONTACT YOUR LOCAL RETAILER OR S.A. DESCO SINGAPORE PTE. LTD. TEL: 337-22-61. FAX: 337-10-98.
      43 words
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      41 26 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai 45 TIMES WEEKLY. 45 times weekly. Enjoy gourmet food, vintage French wines and a standard of service that's ous the world over. *>■;" r ;t as i^'.. aw^-J
      41 words
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      107 27 WE'RE A BANK OF KNOWLEDGE ON ■■9 UNIT TRUSTS< T0 LEARN MORE, JUST CALL. Investing in unit trusts is a good way to diversify your portfolio. And nowhere will you find a greater body of knowledge about them than at Citibank. To find out about our full range of unit
      107 words
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      Page 27 Advertisements Column 2
      25 27 FOUND SOMETHING? Locate its owner through Classification 821 (Found). Simply call CA.T.S. at T 1800-737-1166 for this free service. 1 CAT s Another Classified Service
      25 words
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      343 28 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES |j*|' fswo 4 mof» J STUDIO II rW ki.„>— 11V T dedicated to thrra whn rinnrflrintre th* A" OASIS art u MODERN LIVING We at STUDIO LINE believe our work is a contribution towards ATA A l4 1 f XI.
      343 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      310 29 Bridge News, Renter There were further signs on Tuesday of chartering enquiry building up for December Panamaxes in most areas, for handles in the Plate and South Africa, and for capers in the Far East. Brokers said grain, iron ore and coal charterers were all active and owners
      Bridge News,; Renter  -  310 words
    • Article
      MARITIME STOCKS
      283 29 Mi M *t <m CWTOMribwtton LM undi 27 amatHu* o.»85 mmn 23s Cosco Invostmont LS4 <»di 271 FCLS 7.50 undi M frMaMLMu 0.705 -0025 100 G8HaMbigi 0.935 -0.015 32 Mat Sun Hup L02 -001 42 HltocNZaMn 0.82 -a 01 1* IMCHoMng* MK5.60 JOVOllOMngs 105 *0.02 Jurong SNpyard 6.85
      283 words
    • Article
      Asian operators crucial to cruise industry in region
      417 29  -  SEATRADE ASIA PACIFIC CRUISE COMVEMTIOM Unanimous view at conference that ontlook for industry remains very bright By Yong Mei Fong [SINGAPORE] The cruise Industry in the Asia-Pacific region is set to see continued good growth, but it will have to depend on
      417 words
    • Article
      Lock icon Japan car firms pressed to use US ships
      319 29 Journal of Commerce [WASHINGTON] The US government is pressuring Japan's automakers to ship more of their cars to the United States aboard US vessels, a'controversial move some US officials are defending on national security grounds. A letter written recently in late summer
      Journal of Commerce  -  319 words
    • Article
      Royal Caribbean's Kvaerner order steals show in hectic week
      599 29  -  wßwwims By. David Hughes THERE has been quite a bit of activity over the past week or two on the new building scene, to the extent that this week's list is very much just a representative sample of orders. The show
      599 words
    • Article
      Lock icon EU lifts immunity from fines for Taca companies
      262 29 Reuter [BRUSSELS] The European Commission has lilted the immunity to fines of 17 shipping companies in the Trans-Atlan-tic Conference Agreement (Taca), moving a step closer to penalising them for anti-competitive behaviour. The decision, which had been expected for almost two years, marks
      Reuter  -  262 words
    • Article
      Lock icon India acts to fight fraud by tramp operators
      143 29 Business Line [MUMBAI] The Indian government is examining a proposal to set up a separate statutory body to check frauds committed on exporters by foreign tramp operators and to take action against their erring Indian agents. The Ministry of Commerce, which has
      Business Line  -  143 words
    • Article
      Keppel to build new dock in Philippines
      280 29  -  The USs2sm facility is expected to be completed in early 98 By Conrad Raj [SINGAPORE] Keppel Corporation breaks ground next week for a new US$25 million (Ss3s million) dock to be built next to its present Kepphil yards in Batangas, south of Manila.
      280 words
    • Article, Illustration
      Lock icon Asia-Pac rescue drill
      63 29 [HONGKONG] Search and rescue experts from the Asia Pacific region watching a United States Coast Guard rescue helicopter lift off from the USCGC Morgenthau on Tuesday during an aeronautical search and rescue drill off the Hongkong coast. The annual event has participants from the US Air Force
      AFP  -  63 words
    • Article
      Lock icon Cosco buys container handler for HK$120m
      141 29 Bloomberg Business News [HONGKONG] Cosco Pacific Ltd, the Hongkong-listed arm of China's largest shipping company, said it will pay HKII2O million (5521.7 million) to buy a container handler from its parent company. Cosco Pacific said it will buy all of Plangreat Ltd, which in
      Bloomberg Business News  -  141 words
    • PORT Shots
      • Article
        MPA in local industry scheme with EDB
        94 29 [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding with the Economic Development Board (EDB) yesterday to help local companies develop products and systems which are of benefit to Singapore's port and maritime industries. The agreement falls under
        94 words
      • Article
        Lock icon Nedlloyd, P&O agree on credit facility
        58 29 Reuter [ROTTERDAM] Dutch shipping and road transport group Koninklijke Nedlloyd Groep NV and P&O Containers Ltd have signed an agreement for a US$l billion (511.4 credit facility to finance their merged container businesses. A statement said the facility would be used to fund P&O
        Reuter  -  58 words
      • Article
        Lock icon Tax exemption for EU seamen urged
        81 29 Bridge News [ATHENS] Abolishing income tax on the earnings of active seamen on EU merchant ships would be a strong incentive for making the European fleet more competitive, a conference of ship managers and shipping lawyers was told on Tuesday. "The European Union's objective
        Bridge News  -  81 words
      • Article
        Lock icon Seafrance adds ship on Calais-Dover line
        45 29 Reuter [PARIS] French shipping company Seafrance said on Tuesday it added a fourth ship to the Calais-Dover route to satisfy a rise in demand since a fire in the Channel Tunnel on Nov 18 disrupted Eurotunnel freight service. Reuter
        Reuter  -  45 words
    • Article, Illustration
      Lock icon US targets container crime
      1175 30 CARGO THEFT: USslob A YEAR BUSINESS Tired of rising losses from cargo theft and hidden contraband, liner operators are making security a way of doing business, employing satellites and other high-tech gear and working with the US Customs Fairplay FBI SWAT teams race through a harbour.
      Fairplay  -  1,175 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      282 30 PACE It Draft Car go 11 Ml ti Ustmal 2 Aetocean 13 ECl 6 ANl 3 EES 13 Able 13 Ethiopian 6 i Accord 12 Eurofuns 6 Ahrenkiel 4 Ewgreen 6 Appenship 4 Famous 7 Astro 3 Fl BriqM n Austral 11 FoongSun
      282 words
    • Article
      SHIPPING GUIDE
      16673 36 EXPORT ETA ETA Advartisar V#ssal Voy aga Talapftona ETA ETA Advartisar VltlX Voyaga Taiapftona SIN Oast'n Nam* N«m NumBar Numbar SIN Dast'n Nama Nam* Numtaf Number A 09/U 22/12 UASC KIA WALED CI9*W *5-174*47 A 09/12 21/12 Blu« Stir FRE STAR UN *5 *****44 imn iiuann )nni w
      16,673 words
    • SHIPS IN PORT
      • Article
        CONVEHTIOKAL WHARVES
        775 43 Vasid Voy No Barth Arrival Doparturo 1*9*0* P *rM Mo«4»k Oi 12/2300 MIMUC 5*» 12 JH mnqp* 0512/2100 It P T**r 503* JOI «wigsH» 0512/0*00 MSI IM02 2*11* J01 JKinfUdt 0412/0100 It SMt CM M/W JOI rimfS* 04.12/1500 M Saw J ft 0112* J01 Mm«u* 04.12/2300 hMN AMI
        775 words
      • Article
        CONTAINER SCHEDULES
        1721 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Bolonc* Rstls Ship Voy No Etk/Btr Ported from To From fci *tS4 DM 04/2351 a 04/15M 04/M* 04/IW0 n 04/1700 0VM5* 05/0100 i ovono ovm ovmoo 4 05/BM 05/M51 05/1700 MU INim mi 07/0300 04/1500 04/1451 OVMOO n 04/1700 ovotst
        1,721 words
      • Article
        GLOBAL HOLIDAY
        231 43 Dae I Thailand: The Royal Birthday Anniversary of H.M. the King. Dml Ecuador Quito foundation day (Quito only). Finland: Independence Day. Spain: Constitution Day. Dae 7 Austria Public holiday. Immaculate Conception. Italy: St. Ambrose Day. Ivory Coast: Anniversary of death of first president Felix HouphouetBoigny. Malta: Immaculate Conception.
        231 words
      • Article
        COCKETT BUNKER MARKET REPORT
        782 43 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem Market movements are indicated. The Cockett Bunker Price index change and the individual
        782 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        514 43 c«*« MO MM 990.0 L2 M.5 0.10 M 0.00 21 DwHltf IMm IhMin Ask Al—Mrt— U*mtt No *om £25 0 I 0 0 0 0 380 Aw 986.1 0J 0.5 0.07 34 0.00 bom M0 Mu 996.3 U 17.4 0.11 64 0.00 Wtr> **U m, mm,
        514 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Delta in merger talks with Continental Airlines
        438 44 A combination will create US'largest carrier and spark a consolidation of US airline industry Bridge News [NEW YORK] US carrier Delta Air Lines is currently involved in talks with Continental Airlines about a possible merger, sources close to the negotiations told both the
        Bridge News  -  438 words
      • Article
        Lock icon US carriers renew demand on Heathrow slots
        227 44 Bloomberg Business News [WASHINGTON] On the eve of talks aimed at opening up air travel between the US and the UK, several US carriers renewed demands on Tuesday for British Airways pic and AMR Corp's American Airlines the two dominant carriers in the
        Bloomberg Business News  -  227 words
      • Article, Illustration
        Lock icon Blast at Paris rail station
        73 44 [PARIS] General view of the exterior surroundings of the underground commuter railway station where a bomb exploded on Tuesday as ambulances andfiremen vehicles evacuate victims. The bomb, which was made from a 13 kg cooking gas canister filled with an explosive, the same type of
        REUTER  -  73 words
      • Article
        Lock icon India invites foreign Anns in plans to build 100-seater aircraft
        246 44 State-owned HAL will undertake the USs23om project Reuter [BANGALORE] India will build 50 and 100-seater aircraft, and is inviting foreign investors to participate in the venture. Prime Minister H D Deve Gowda said on Tuesday: "I am happy to announce
        Reuter  -  246 words
      • Article
        Lock icon Saega to buy 10 B737s
        120 44 AFX-Asia [KUALA LUMPUR] Ekran Bhd's unit Saega Airlines has placed a preliminary order for 10 Boeing 737 aircraft, The Star reported. It quoted Saega chairman Ting Pek Khiing as saying that the order was sent to Boeing recently and a deal is expected to be
        AFX-Asia  -  120 words
      • Article
        Lock icon Mitsubishi deal under fire for Yangon link
        193 44 AFP [SAN FRANCISCO] A San Francisco International Airport's announcement that it would award a US$l23 million (Ssl72 million) contract to Mitsubishi Heavy Industries has drawn an immediate outcry from various groups. The notice of intention posted by the commission on Tuesday prompted immediate
        AFP  -  193 words
      • Article
        Lock icon McDonnell joins Boeing to make wide-body jets
        344 44 Deal points to the falling market share of McDonnell Douglas NYT [WASHINGTON] Boeing Co and McDonnell Douglas Corp, whose commercial aircraft businesses are heading in opposite directions, have announced a strategic alliance which will focus on collaboration on the development of future wide-body
        NYT  -  344 words
      • LOG Book
        • Article
          Lock icon Garuda to sell 11 aircraft
          65 44 AFX-Asia [JAKARTA! PT Garuda Indonesia plans to sell 11 aircraft to foreign airlines, most likely to US carriers, director-general of air transportation Zainuddin Sikado said. He said the government has approved the retirement and sale of six MD-1 Is and five DCIO-30s. "We usually sell
          AFX-Asia  -  65 words
        • Article
          Lock icon Audi leader to head VW Latam unit
          81 44 Reuter [FRANKFURT] The leader of Volkswagen's Audi luxury car arm has been chosen to lead the German carmaker's Latin American unit following the resignation last week of a controversial VW executive, industry sources said on Tuesday. The sources said Audi management board chairman
          Reuter  -  81 words
        • Article
          Lock icon Chief of Indian Airlines,Air India resigns
          98 44 AFP [NEW DELHI] The joint chairman of the loss-making state-run Indian Airlines and Air India, Russi Mody, resigned here on Tuesday two months ahead of the end of his tenure, officials said. The Indian government accepted the resignation of Mr Mody after he offered
          AFP  -  98 words
        • Article
          Lock icon Kansai-Fukuoka flights by Air Nippon
          70 44 Nihon Keizai Shimbun [TOKYO] Air Nippon Co plans to offer new flight* between Kansai International Airport and Fukuoka Airport on a consignment basis from All Nippon Airways Co, which wants to expand service between the two areas. The ANA affiliate, which now handles only short
          Nihon Keizai Shimbun  -  70 words
        • Article
          Lock icon Porsche to assemble 911 in Indonesia
          50 44 AFX-Asia [STUTTGART] Porsche AG chairman Wendelin Wiedeking said the company plans to assemble its 911 model in Indonesia from 1997. Speaking at the company's annual news conference, he said: "In Indonesia, we are planning to assemble completely knocked-down 911 models from next year onwards."—AFX-Asia
          AFX-Asia  -  50 words
      • Article
        Lock icon Infrastructure woes to dog Asian skies
        351 44 lata chief warns of inadequate manpower shortages AFP [HONGKONG] The remarkable growth potential for airlines in Asia is at threat from undersized infrastructure, manpower shortages and poor regional coordination, a leading aviation official said on Tuesday. Pierre Jeanniot, directorgeneral of the International Air Transport
        AFP  -  351 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1439 44 CITY FLIGHT ETA FU6HT ETD AbaBbaM S044I W5 BY619 2QgS MoCWHWi VN741 1310 $0172 0930 AMaMa $0230 1815 0F82 2050 J* 20 VM740 1410 0F81 1930 WW "g I 1 Amstardani KL843 0550 KL834 0025 U *®£j ®JM ®W0 0125 0700 KL838 2335 "7W 0M0 S025
        1,439 words
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      652 30 IWOAPOftjCOABT> l~| I msa yot OAK vmi sa u sm vtssa vot mm jm km toi sm ■nnuu—w 27W 11/11 io/ii ii/ii ii/ii os/ii l*? dabbabmy ~~in n/ii ii/ii S/ii is/ii So/ii LOGS MY MW 11/11 21/11 11/11 2S/11 12/11 MX KOI 071 11/ II 11/12 M/ 12 12/12 H/12
      652 words
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      Page 30 Advertisements Column 2
      634 30 >-"*» sow* represented I o* Wastry of Mambart <>♦ the AccreAted Shipping Agents. Smgapore Freight Forwarders' Spore National Shipping Assoc Association. saiiio^ "ttii &amo.iio Just talk to us... Iris Lim 740-2044 •TanLipChuao 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Japan -2 x Hongkong •1 x Manila -1
      634 words
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      1102 31 PAQFK SOUTH WIST EXPRESS (DIRECT) wr m lawn* Sa Iu« 001 hmm Iq< I wyc I m hou I won I sia I <WTHMA« OW »/ll 27/11 21/11 13/12 17/12 11/12 18/12 10/12 19/12 10/12 10/12 20/1? mwffs 0091 02/12 04/12 OS/12 20/12 24/12 25/12 25/12 26/12 M/ 12 ~~K/W~
      1,102 words
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      Page 31 Advertisements Column 2
      1495 31 H ANJIN SHIPPING Imm I cm Si i i i CANADA* n .ifiTM.r nil. Www MlPnipaintinw mim oos wrt on m I m Int I w Ino I H. IAOHSNMG 0701 U/17 J7/17_ W/0» 04/01 03/01 05/01 05/01 07/01 04/01 ITfiT fli/fll „7/„, o«/01 00/01 0./0, 0 7/ 0 i
      1,495 words
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      Page 31 Advertisements Column 3
      79 31 A»; ORIENT EXPRESS UNES (U.K.) LIMITED (MANAGER FOR SHREYAS SHIPPING LIMITED) (BOMBAY) SHUTTLE WSStI WT SWGAfOtt KMMOT SIHCWKi SINAR TQ6A 204 11/12 18/12 SINAR TOBA 203 03/12 11/12 NCXDKAP *04 19/12 26/12 NORDKAP 403 11/12 19/12 LEERORT 9H 24/12 01/01 LEERORT 910 17/12 24/12 SINAR TQ6A 205 02/01 09/01 SINAR
      79 words
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      Page 32 Advertisements Column 1
      1312 32 <CT DSR-SEHATOR ltmn Round the World Container Sen/ices TOWCONTTOENT »BOM UK/COWTOBM 1 WW HTM IMV HAM IFU MIT IMA ftttta Wl UM BTM MV HOW FU[ UK Ml mwbimcmpi Mil »ii Jlll km Mti choynmwtony EHM mi mi «ii "mIT ii ii ITii miT «UfOE«A WGIU wit an 1112 Mil
      1,312 words
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      Page 32 Advertisements Column 2
      1136 32 I NORASIA I VESSEL VOY ISM PKL~| OOALAB RCLVALALOMOTANT FEL LHA I 221 'I" 2 12/12 a/12 81/12 !112 Ml Ml e«1 Ml tui IMI iff L *«w w? Wi mi mi m*i 12*1 13*1 mi ia*i 10*1 12/0 i NWSHANGHAI 0860-3 Wi 2*12 IMI IMI 11*1 IMI 2MI IMI
      1,136 words
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      Page 32 Advertisements Column 3
      383 32 Direct Container Service to Fangcheng Zhanjiang S'porg Emgtog ZMmUmg UANBAO 17/12 22/12 24/12 I /VOBTRANS Mdli-PvrpoMßO/LOGvritrAcnpttag: RO/RO, Ramp Capacity opto 40 torn HaavyUft opto 68J torn IW Flag Status k+hfnu VJM SOP WfOW SOP 00-12/12 AdaExyrw V.37A 00-12/12 17-20/12 14-17/12 23-2S/12 AsiaExprwi VJtA 23-25/12 29-01/01 20-29/12 OA-00/01 Ada Expmt VJOA
      383 words
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      Page 33 Advertisements Column 1
      1372 33 0 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppol Towers Singapore *****3 Tel: *****88 Fax: *****17 SAIAH I HUHII CONViNTIONAI SERVICE HO CHI MINH FULL CONTAINER SERVICE *5*5 vot Tsw a |yissu voy "^ammStT 1 n«hcwgutsf! s ms VHMt I 00/U 11/12 13/12 OtIUIT MJUUIOV VH27N 07/12 10/12
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      1338 33 WEEKLY DIRECT SAILING TO XIAMEN WITH IMMEDIATE EFFECT I SicMo emSfmiii 61 lit ivn 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICECR N0 n*****0000M ?J£J! ££2£L '"WARD DCPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND COWVEIfIIOjtAL T/SHPMT DEPT *****25 TEL 02-07-35 ***** FAX: 02-07-*****70
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      481 33 /7JLIPERKAPALAN DAI ZHUN A I£JS TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUOUH+FASTiST TBAMSn/ MUAAA-HtIOKITY IjftfW 7 HO CM MIIM-OtDICATiB ~~7 GIKM 9634 M/ 12 GIHENG 9612 12/12 GIWI ***** 10/12 AffU ***** 11/12 GUOO 9636 13/12 GMJAT
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      1256 34 EUROPEAJK/SCANDINAVIA/FINLAND/RUSSIA |SGP I ROM ANW HSG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E. ROUND RW-023 07/12 28/12 27/12 28/12 29/12 31/12 E. GIFTED RE 066 10TI1 13/11 12/11 14/11 15/11 08/12 11/12 I. REWARD RW-021 14/12 03/01 04/01 04/01 OMI 07/01 08/01 E GROUP RE 051
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      637 34 RTW SHIPPING (S) PTE LTD Notice of Change of Address We are pleased to advise that effective 30th November 1996, our new office will be located at: 333 JALAN BESAR SINGAPORE *****8 Tel No: 392 1111 (16 Lines) Telex No: RS ***** RTWSHP Cable: CONTSHIP Fax: 392 8552/ 553/ 554
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      Page 34 Advertisements Column 3
      642 34 /CZI > NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA EAST COAST SOUTH AMERKA vessel I vot I mm nu du> err »ut mvp mc ssi' »*SSft OIIS 10/1? 75/1? 71/1? n/oi ivoi it/ti "ImT mum* om ?i/i? m/i? omi li/ii" ~mT"a/iTaw" 'KSSH 14/01 11/01 30/01 01*2 04/0? M?
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      814 35 I BSA a mm* MYANMA pBHk FIVE STAR UNE (Myaamar National Llm) Loading for Yangon (Rangoon) VKHI VOY SIN PKG PEN PGU PAGAN 238W 18/12 BULAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL Til 02-03-*****00 PKL: m 02-03-*****01 PEN: Til 02-04-*****02 PGO: TIL 02-07-*****21/4 BANK LINE (A t*rvi<t of Andrew Wtir Shipping)
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      1080 35 A HYUNDAI MERCHANT MARINE CO. LTD. 51 5? VKSIL VOY 104 KTM ANT HAM ME t Hi I I 05/12 05/12 07/12 NY. DURE 302W 08/12 isTH 26/12 28/12 S7i2 m7?2 jTTTrH I 12/12 12/12 14/12 NY. COMMOOORi 301W 15/12 01/81 02/01 84/81 04/01 04/01 07/01 11/12 11/12 21/12 NT.
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      91 35 sgn- s e c i l| EAST WIST AFRICA SEMI CONTAINER SERVICE J KX SM lEU MY MM Stf WG DIMITKAKIS 7/H SID SIB 00/12 M/ L IOAHNIS \/V 10/17 19/11 OS/01 10/01 11/01 ?}/Jl WOOD PRODUCT SOUTH AFRICA SERVICE «i sin nt n ku mn an EVfO ASSA SA/01
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      436 35 I (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 LINES) JAPAN 2 SAILINGS PER WEEK! J *Kl» TOKYO ft. > X NAOOVA. /I >» 7^ *****33 Jf_/ CONTACT JANICE LEE FOR BOOKING P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J.
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      55 37 To retrieve more schedules, just follow these simple steps... document ial 740-6000^®^^ te P will be (axed j. f* m PrBSS r Select the port I your Step key in the four number /M SS digit code Key in your Example: J—, fax number To NEW YORK (NYC) 2275 for
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      500 39 Weekly LCL FCL I I ODICaI Services to Caribbean hipping A Central America suoaSr si CHAMPION 01 IE OI7E Port Country 03/12 10/12 Belize City Belize 06/01 13/01 Bridgetown Barbados 09/01 16/01 Cortagena Colombia 08/01 15/01 Castries St Lucia 08/01 15/01 Fort de France Martinique 09/01 16/01 freeport Bahamas 04/01
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      Page 39 Advertisements Column 2
      1232 39 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cecil Street, #12-00, PIL Building. Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL —CR NO. **********0E BANGKOK II JAKARTA (5 to PAT 3 StlHny to BUT 2 Sailings to LCH) (4 S.UI^W.H) wen fBTH u VESSCL VOY SM iKK SM
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      928 39 **********0Z VFSSFIS VP* SX OAAWETTA LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTWERP VK-LEOEVELA VI7W 1(V12 21/12 30/12 31/12 02A)1 03/01 0&"01 VXE OE CAPELLA T1«0 17/12 28/12 06/01 07/01 09/01 10/01 12/01 VILLE OE ÜBRA LIAW 24/12 04/01 13/01 14/01 16/01 17/01 1ft"01 VILLE D 1 AQUARIUS UIBW 11/01 2(V01 21/01
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      1614 40 ■^■dhhohh VESSEL VOY MH JKT VESSEL VQY SIN PEN WANA BHUM 3643 Sat 07/12 ~Tu» 10/13 B.MAS EMPAT 6163 Thu In Pt "to I 07/12 SANI BHUM 23N Thu In Pt Sun I nam PAWU BHUM IS Mo«_ _2§/12 St 14/12 QUWJ BHUM «73» Sun OS/12 Tu. 10/12 M HATHA
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      Page 40 Advertisements Column 2
      890 40 mnoapoS /cwfnaooNo wpivki VMM*. VOY I MNCT» |v«Mli 1 VO T MN tfV CONSISTENCE 334 W. 106/13 WED 11/13 BEAQU MOON 139 IFH 1 06/12 SAT 114/11 DAK, 003 TUi 3M br^TTr-^-TT^t WM>MA 1 330 Lf!! I'3/ia |m» 17/13 Bthhk KIVEK |364CN0|TUi 10/12 SUN IS/12 •mwom/ BOMBAY SUVKI VOY I
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      574 41 /jTi SINO EXPRESS SHIPPING (PTE) LTD. V MM 1 1 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) AJso accepting container cargo to: VESSEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beiiiao. Chiwan. OCEAN GLORY 9603/9604 05/12 10/12
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      Page 41 Advertisements Column 2
      425 41 Carrier: MN COUTH LIMES, INC I IV/ J OW HCh **********06 SBU: (064) *****9 MANILA: (632) *****61 PENANG: (04)*****6 BANGKOK: (662) *****67 SURABAYA: (31)*****0 P. KILANQ: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUOiNQ: (062) *****3 HONGKONG AUCKIANP "MED. HOUTMAN" V.6476 "NEW ZEALAND STAR" V.2BS ETA SIN 08/12 ETA
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      Page 41 Advertisements Column 3
      345 41 jfISMHHHMfc IS'pore P.Ketang Loading For "1 JOSHUA 12/12 22/12 RdrrVAtw/UK/Nan I AGHIOS MIMAS 25/12 30/12 RdrrVAtw/UK/Nan I Loads E7W Malaysia, Indonesia J 1 Loading for BUFFALO Hodwdah/Jeddah I KAVO ALEXANDROS Dubai/ADhabt/Bahram/Damman/Kuwart I RAINIER Oubai/A.Ohabi/Bahram/Damman/Kuwait I ORKUN KALKAVAN Hodetdah/JeddaTVAqaba/Pt Said I "Loads Smgapore. E7W. Malaysia. Indonesia I [Loading tor I PAN
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      558 42 Shipping Times "'BUSENESSCENTRE 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. Fast, Reliable and Committed to you when it comes to Marine Repairs
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      Page 42 Advertisements Column 2
      205 42 Effljp&a 080 Products/Services Turnkey Factory Automation System BE A PRIVILEGED 8006 hHHHB MEMBER .[<V #As a SFFA member, you'll project total professionalism to your clients as you comply with the association's stringent membership criteria. SFFA is committed to upgrading the reliability, integrity and standards in freight forwarding practice and management
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  • Page 43 Miscellaneous
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      124 43 LEGEND R Thunderstorm c V Shower Weather Wind drection with speed m knots Rom v Cloudy Sky Wove he.ght Serfoce winds or* indicated by arrows whtch fly with the wind One h* circle represents calm or fcght and vortoble winds 1 One holt Heche represents 5 knots I—» One tuß
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      197 44 M.V. "SENG WEI" VOY. 2 ARRD 26 NOVEMBER 19% Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 6th December 1996 0900-1200 hours at PTS. No further survey will be entertained thereafter. As Agents: "K" Line Kinkai AB
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