The Business Times, 17 December 1996

Microfilm: NL20750
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 85« I SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, DECEMBER 17,1996
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  • Article
    MARKET SUMMARY
    5 1 iu.3l) mm wMgf
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  • Article
    FINANCE
    14 1 If 88 ,UH I- mi tm —fJtt jjj»_—— rupuh m (Source: NatWest Bank)
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  • Article
    Mall of S'pore planned for Orchard Road
    484 1  -  Ten consul tants submit plan for coherent shopping belt By, Ang Wan May [SINGAPORE] The Singapore Tourist Promotion Board will soon appoint a consultant to develop a plan to turn Orchard Road into a mall similar to New York's Fifth Avenue or the
    484 words
  • Article
    Yaohan Orchard to close with planned cutbacks
    512 1  -  Move reflects Singapore's depressed retail scene and group's financial woes By. Ang Wan May [SINGAPORE] Japanese retailer Yaohan yesterday said it will close for good its flagship Plaza Singapura outlet, bringing the number of key closures announced by major retailers this year to
    512 words
  • Article
    Regional bourses quiet ahead of Fed meeting
    201 1 [SINGAPORE] Regional stock markets turned quiet and cautious yesterday, as investors awaited further developments on Wall Street as well as the outcome of the US Federal Reserve meeting today. After the steep plunges in US stocks and bonds last week that made other
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  • Article
    Lock icon Dow up 28 points at 2 pm
    106 1 Reuter [NEW YORK] The Dow Jones Industrial Average was up in early afternoon trading yesterday, fuelled by gains in Boeing stock after the aircraft maker announced a US$l3 billion (Ssl7 billion) merger with McDonnell Douglas. The Dow was at 6,332.93 up 28.06 points
    Reuter  -  106 words
  • Article
    Lock icon HK$6m paid just to be first in line to buy villa
    183 1 SCMP [HONGKONG] A speculative rush to buy residential properties in Hongkong has hit new heights, with HK$6 million (SSl.l million) reportedly paid on the black market just for the right to stand first in line to buy a luxury
    SCMP  -  183 words
  • Article
    Nominations on Dec 23, no date yet for Polling Day
    513 1  -  By Chuang Peek Ming [SINGAPORE! Parliament was dissolved yesterday and Nomination Day for the general election set for next Monday, Dec 23. A government announcement last night made no mention of when Polling Day would be. Under the election rules,
    513 words
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      54 1 I I HHIHHHHH a«"gii»tfcp«Mhy^ A South Korean appeate court yesterday commuted i, a death sentence on eat- Chun Doo Hwa md the j«fl term fty the VjpMnllL this m hmiffag QU* Win crivp l£ A tightly-held stock PS Plirthpr rtrtrm- qj float Li NEWS pfc ■I HI 1111 ***** c
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      Page 1 Advertisements Column 2
      13 1 Regional market*, Pgs 22-26 US Nov industrial production posts largest gain, Pg 10
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      Page 1 Advertisements Column 3
      103 1 I V 1 ttflH *J^Kk mm MJMS^pB 1 jNP# OL/ The Mauboussin High Jewellery automatic watch in 18K white gold, mother-of-pearl dial with diamonds and sapphires MAUBOUSSIN since iBa 7 ROY fastfhm W a^ u EXCLUSIVELY AVAILABLE AT: DEU.« l 74 u<1 Pl iM 0«»"<i R»d img.po* *****3. Tel: (65)
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Shakedown seen in disk media industry over next 2 years
      621 2  -  US research firm says too many disk media makers expanding, only strongest will survive M Jennifer Lien DISK media makers around the world are heading for a showdown. Their planned expansion over the next two years is expected to create
      621 words
    • Article
      TAS gives Internet phone calls the green light
      455 2  -  Bnt Internet Service Providers must not promote the service By 1 Toh Han Shih SINGAPOREANS are free to make Internet phone calls even though Internet Service Providers (ISPs) are not allowed to promote the service, according to a statement by the Telecommunication
      455 words
    • Article, Illustration
      Lock icon Loans growth slowing down
      312 2  -  EYE OH THE ECONOMY Finance By\ Shiv Taneja BANK loans and advances to non-bank customers grew 16.2 per cent to $123.5 billion at end-October, according to the latest data from the Monetary Authority of Singapore. The October growth was slower than September's. According to HG Asia
      Source: MAS  -  312 words
    • NEWS Roundup
      • Article
        Lock icon YEO Ning Hong not coutesting in polls
        62 2 The Straits Times FORMER abUwUntoWerYeoNln* HODS. BOW MP for Kampong Glam GRC, will not be contesting the general election. Dr Yeodisclosed his decision at a 4s r function last night at the Kim Seng Community Centre Mr also introduced the new PAP candidate
        The Straits Times  -  62 words
      • Article
        Muis gets new president
        42 2 ;PR RSIDENTOng Tenii Cheong fljigjlappointed Maart* Salleh president ofthe Majlis Ugama Islam Slngapurt succeeds Zalnal Abidin Rasheed. who PMtigned to stand as a PAP candidate in the coming polls. Mr MaaroTs one-year term was effective from Nov 18.
        42 words
      • Article
        3 town councils incur deficit for year
        59 2 |fWENTY town councils enjoyed financial surplus** to the I finance year to March 31,1996, said the Ministry ofg| Jtttional DeNilopment But In the red were town council In the three opposition wards of Potong Pasir (1150.000), Nee Soon Central (1630,000) and Bukit Gombak
        59 words
    • Article, Illustration
      Expenditure on R&D up 16.3%
      462 3  -  Spending hits $L37b or 1.13% of GDP; private sector accounts for 64.5% Reports by Raju Chellam GROSS expenditure on R&D grew a robust 16.3 per cent in 1995 over the previous year to touch $1.37 billion, representing 1.13 per cent of Singapore's gross domestic product.
      462 words
    • Article
      Singapore ranked world's 2nd freest economy after HK
      410 3  -  From( Quak Hiang Whai in Hongkong SINGAPORE is the world's freest economy after Hongkong for the third consecutive year, according to USbased think-tank Heritage Foundation and the Wall Street Journal. The Republic scored an economic freedom index of 1.3, behind the British
      410 words
    • Article
      BP to pump US$20m into tech centre
      146 3 BRITISH Petroleum (BP) yesterday opened its regional technology centre (RTC), which will focus on research in lubricants and motorcycle oil as well as product training to complement its British R&D unit. It will invest US$2O million (Ss2B million) in the RTC over the
      146 words
    • Article, Illustration
      Carlton Building in Cecil St to be sold by tender
      363 3  -  Sale is part of HE owner's plan to re-align portfolio towards hotels By] Michelle Law CARLTON Hotel owner Li Dak Sum Is putting his Cecil Street office property, the Carlton Building, on the market as part of a larger plan
      363 words
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      47 2 Now phoning is easier than ever with the new GSM Alcatel Just one. touch m Directory with just one touch. w Voice moil with {est one touch. 4G«I 5 jkl 6 ,r,c ■■MB 75f 8'"v HC 800 1 Coil forward with i jest one touch. ALCATEL t€l€shQp
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      Page 2 Advertisements Column 2
      92 2 Growth at lower rates: sign of SingTel's maturity, Pg 15 AU of these Securities have been told. Tki» announcement appear* as a matter of record only. O DBS LAND' DBS Land Limited (incorporated with limited liability in the Republic of Singapore) U.S. $172,500,000 2% Redeemable Convertible Cumulative Preference Shares 2001
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      56 3 Tung Centre 1,168 sf 3,165 sf Parkway Parade 1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf 174 Payo Lffrflr Po«rJ Short term lease Built-up area: 14,477.58 sf First Capital Property AW'fr 5—5 Management Pte Ltd (A member of Flr»t Capital Corporation Group) Tel: 437
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      Page 3 Advertisements Column 2
      105 3 1 iwn H s itni WM The Opera Bar, 3 New Zealand |Xi shouldn't have a problem finding this bar. just follow your ears. An impressive line-up of Lm4 stars will take to the spotlight, but not before first anointing the veal chords. (Apparently, yon simply can't sing on a
      105 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      CPL tries change of tack
      679 4  -  THE PROPERTY COLUMN Changing the housing type in some of its projects carries risk, but it may be the lesser of two dangers Lee Han Shih {SINGAPORE! THERE is a Chinese saying that goes something like this: "When in trouble, change. By changing one may
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    • Article, Illustration
      Lock icon New office space set to outstrip demand
      764 4  -  Landlords are hard-pressed to find tenants for all the new floor area coming up By. Michelle Low AFTER enjoying two good years when demand outstripped supply, office property is going the way of residential property. New office space will be flooding the market
      Source: JLW Research,DNG Barings projections  -  764 words
  • Page 4 Advertisements
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      411 4 For Sale Bintan Resort Hotel v c 1, ««S I trf3& *V I W I t* f' 553,500,000.00 Freehold: 1.7 hectares Built-up 16,644.33 sq. m. Building completed but unfurnished. Facilities: 130 rooms, 25 m. pool, coffee house, restaurant, disco lounge, shops, etc. Will consider exchange of other properties in Malaysia
      411 words
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      Page 4 Advertisements Column 2
      29 4 FREE! 1 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. fa CATS. Another Classified Service
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      Page 4 Advertisements Column 3
      154 4 Located in the heart Flexible efficient of financial district layout Strata area: Approx. Next to Raffles Place 746 m 2/8,030 ft 2 MRT Station Sale with tenancies Attractive sale price Please contact Sole Marketing Agent Investment Sales Commercial Department 223-2323 I COLLECTIVE SALE LARGE AND PRIME FREEHOLD LAND I AT
      154 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Ramos orders scrutiny of Manila Bay land contracts
      303 5 Move follows senator's scam allegations over a deal in the real estate project MANILA Reuter PHILIPPINE President Fidel Ramos has ordered a review of all contracts for the Manila Bay real estate development project which was at the centre of a recent
      Reuter  -  303 words
    • Article
      Lock icon Viet trade deficit to hit record US$4b
      192 5 HANOI Reuter VIETNAM yesterday said that it expected a record trade deficit of up to US$4 billion (555.6 billion) this year, a big leap from last year's US$2.3 billion, triggered by vigorous growth in imports. A trade ministry official yesterday confirmed figures published
      Reuter  -  192 words
    • Article
      Lock icon ITA: Philippines to slash tariffs to 3%
      155 5 MANILA AFP THE Philippines will slash to 3 per cent tariffs on all products covered by the recent World Trade Organisation information technology agreement (ITA) from 2000 to 2005. Trade Secretary Cesar Bautista yesterday said the Philippines will cut tariffs on 60 products
      AFP  -  155 words
    • Article
      Lock icon Aussie race row:KL may bring students home
      224 5 KUALA LUMPUR Bernama Reuter, MALAYSIAN Prime Minister Mahathir Mohamad yesterday said the country might consider bringing back its more than 11.000 students in Australia if reported threats against them were found to be serious. "We want to get information on whether (the situation)
      Bernama; Reuter,  -  224 words
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      342 5 Page 5 "www The wholesome goodness of Claypot Temptations for the amount spent IfjIIfJIJIII Xin Cuisine our weekly *Refund will be made in the form This December, you will be overwhelmed by the fragrant aroma of spicy EB^DE3ZmSSi^! Black Pepper Chicken with Pork Tendon. I For your festive celebration 1
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Chinese bourses dive limit-down on govt measures
      337 6  -  SINGAPORE Both A and B shares clobbered after Bering acts to cool markets By: Lu Ning IN THE first day of trading after Chinese authorities announced a 10 per cent limit on daily movements of individual stocks, both Chinese A and B markets
      Source: Bloomberg  -  337 words
    • Article
      Lock icon China punishes 2 papers for spreading rumours
      148 6 SHANGHAI Bloomberg Business News, Reuter CHINESE securities regulators have banned two financial newspapers from being the official disclosure organs for the industry, saying they spread rumours and encourage stock market speculation. The China Securities Regulatory Commission yesterday confirmed the move, effective until Dec
      Bloomberg Business News,; Reuter  -  148 words
    • Article
      Lock icon Beijing sets aside US$10b to bail out HK if necessary
      212 7 HONGKONG AFP CHINA has earmarked US$lO billion (Ssl4 billion) that it can transfer to Hongkong within 24 hours if the territory runs into any financial crisis after the return to Chinese rule, a newspaper said yesterday. "If Hongkong suffers from
      AFP  -  212 words
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      1542 6 HOODS'* MALAYSIA T AIWA)I ft**"**) "*x, LIMITED PROFIT BEFORE EXTRAORDINARY ITEMS EXCEEDS Sslo2m Extraordinary Gain of Ss6sm Directors Again Recommend Increased Dividend Plus Bonus Dividend RESULTS FOR THE FINANCIAL YEAR ENDED 30TH SEPTEMBER 1996 The Directors are pleased to announce the audited results of the Group and the Company for
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      Page 6 Advertisements Column 2
      203 6 Market reports, Pg 22 /Of. yji/ie lottn one most fuii/i/u c/ ex aeeofHited c/igfo. ay ftt)m December. When world famous guest chef Jean Lenoir, will be joining us ''("jflll 83 P®** °f our extensive seasonal celebrations. Owner of the landmark Hostelierie Lenoir in o y st e r bar Auvilliers-Les-Forges,
      203 words
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  • SINO Briefs
    • Article
      Lock icon Russia opens office in Taipei
      77 7 AFP [TAIPEI] Russia opened a representative office in Taiwan yesterday, the office chief hailing the move as a major step in developing relations with the Nationalist island. Bureau head Victor Trifonov arrived in Taipei on Sunday to head the Moscow-Taipei Economic and Cultural Coordination Commission.
      AFP  -  77 words
    • Article
      Lock icon Taiwan suspends air links with S Africa
      73 7 AFP (TAIPEI] Taiwan is to suspend air links with South Africa from Feb 15 until a satisfactory framework governing bilateral relations is worked out, Foreign Minister John Chang said here yesterday. He also said Taiwan's ambassador to Pretoria, Loh I-cheng, was to temporarily
      AFP  -  73 words
    • Article
      Lock icon Dead flies or no leave
      69 7 AFP [HONGKONG] A Chinese fUrniture factory has ordered its workers to hand in 100 dead flies each before they can go on holiday, a Hongkong daily reported yesterday. Wei Gong firm toid workers that if they want to take leave they must hand over 100
      AFP  -  69 words
    • Article
      HK unemployment rate stays well below 3%
      377 7  -  HONGKONG Hongkongßank sees economic recovery with GDP growth of 5J2% next year By i Quak Hiang Whai THE Hongkong economy remained in good shape with the latest unemployment figures released yesterday at well below 3 per cent The unemployment rate for August to
      377 words
    • Article
      Lock icon HK colonial govt to set limits on help for Tung
      213 7 ■HONGKONG There'll be no major secondment of high-ranking officials Reuter HONGKONG'S colonial government yesterday said it would set limits on how much it would help leader-designate Tung Chee-hwa form a govern-ment-in-waiting before the colony reverts to Chinese rule next year.
      Reuter  -  213 words
    • Article
      Lock icon India says China may recognise Sikkim status
      185 7 NEWDELHI Reuter CHINA is moving towards recognising Indian rule over the disputed Himalayan region of Sikkim, which New Delhi took over in 1975, Foreign Minister Inder Kumar Gujral was quoted as saying yesterday. The Press Trust of India (PTI) said Mr Gujral told
      Reuter  -  185 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      559 7 The University of hull England 1927 MMBAi Singapore 20th Intake Jan 1997 "ONI OF THE MOST ESTABLISHED AND REPUTABLE IN SINGAPORE!" j FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Mormotlom C|CCI/}H Entrepreneurship and Project Management as L r^, core modules Completion in
      559 words
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  • ASIA
    • Article
      Japan non-life insurers attack deregulation deal with US
      398 8  -  TOKYO Sate competition worries investors; Tokyo official admits foreign firms mh gain an initial npper hand By. Anthony Rowley A STORM of protest erupted yesterday from Japanese nonlife insurers over the impact of Saturday's agreement between Japan and the US over the
      398 words
    • Article, Illustration
      Lock icon Chun's death penally commuted, Roh's jail term cut
      543 9 SEOUL Appeals court also acquits two top businessmen on bribe charges; victims outraged Reuter, LAT, AFP, Washington Post A SOUTH Korean appeals court yesterday commuted a death sentence on ex-presi-dent Chun Doo Hwan, cut the jail term of another former president and
      Reuter,; LAT,; AFP,; Washington Post; AFP  -  543 words
    • Article
      Lock icon Japan's industrial growth up 3.9% in October
      348 9 TOKYO Bloomberg Business News JAPAN'S industrial production rose 3.9 per cent in October from September, clearing the way for what the government predicts will be the highest quarterly growth since the beginning of the decade. The rise in output was sparked by Toyota
      Bloomberg Business News  -  348 words
    • Article
      Lock icon Hindu nationalists in India want to rename the country Bharat
      317 9 m NEW DELHI New Delhi would also become history and the city would be known again as Dilli AFP IF HINDU nationalists have their way, "India" and "New Delhi" would be relegated to history like Bombay and Madras, which have
      AFP  -  317 words
    • Article
      Lock icon Strike cancelled as Seoul delays labour law revision
      202 9 SEOUL Union schedules another three-hour strike on Thursday AFP SOUTH KOREA'S biggest labour union called off a nationwide strike scheduled for yesterday, as the government showed signs of delaying controversial revision of labour laws, said union leaders. "We have decided to call
      AFP  -  202 words
    • Article
      Lock icon Indian minister says controversial corporate tax may be phased out
      198 9 BOMBAY Reuter INDIAN finance minister P Chidambaram has said that a controversial corporate tax may be phased out after a new Income Tax Act and Companies Act came into force. "The introduction of MAT (Minimum Alternate Tax) in the last
      Reuter  -  198 words
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      287 8 r bm i THE ART OF PAMPERING IS KNOWING when pit I MJI./ I y 1 ftri|£! ALONE. liiM :iJ H HE jBH^^H |f '■>.$+ ■■>.'■■ i i p« it >, jgi|| Contemplate the day In the serene comfort of our plush Uvtng Room, unperturbed by the rest of the
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      45 9 MOMT° I BLANC a Great day Meisterstuck Solitaire Mm Sterling Silver. MONTIIANC BOUTIQUES Singapore: Ngee Aim City #01-32, Riffles City #01-37 A, Millenia Willi #01-04/05 tid ill lulherisiil dealers. MONTRLANC CORNER: Sincere Witch limited #01-013/015, Suntec City Mill. MONTRUNC SHOP IN SHOP: Diimin, Licng Court.
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  • THE WORLD
    • Article
      Lock icon US Nov industrial production posts largest gain in 9 months
      359 10 WASHINGTON End of strikes at GM, cold weather trigger larger than forecast rise of 0.9% Bloomberg Business News US INDUSTRIAL production posted the largest gain in nine months in November, as the end of strikes against General Motors Corp triggered
      Bloomberg Business News  -  359 words
    • Article
      Lock icon Internet giants accused of copyright scaremongering
      161 10 GENEVA Reuter THE music industry, raising the heat in the battle to protect copyrights in cyberspace at Geneva negotiations, yesterday accused Internet giants of scaremongering to protect their multi-billion-dollar interests. Online chiefs say controversial global pacts to revise copyright laws for the digital era
      Reuter  -  161 words
    • Article
      Lock icon US, EU start talks to cut red tape on exports
      221 10 WASHINGTON Bloomberg Business News US PRESIDENT Bill Clinton and European Union leaders head into White House meetings yesterday aimed at cutting safety testing red tape on American and European exports ranging from cellular phones to meat products. Mr Clinton, Irish
      Bloomberg Business News  -  221 words
    • Article
      Lock icon Russian soldiers battling starvation, says minister
      282 10 MOSCOW To feed families, some bring heme rations, others sell blood Reuter THE Russian military 1s so dispirited and impoverished that officers have been forced to sell their blood to buy basic necessities, Russia's defence minister said in an interview published yesterday. "There have
      Reuter  -  282 words
    • Article
      Lock icon UN Sec-Gen elect denies being 'America's man'
      165 10 CAIRO AFP UN SECRETARY-GENERAL elect Kofi Annan of Ghana denied being "America's man" in statements published yesterday and said his priorities wUI include convincing the US to pay its debt to the United Nations. "I believe it is important to work with the
      AFP  -  165 words
    • WORLD Watch
      • Article
        Lock icon IMF resumes loans to Russia
        82 10 NYT [MOSCOW] The International Monetary Fund has decidsd to resume disbursement of its US$lO.l bfflkm (S»4 billion) loan to Russia, fund officials had suspended payments to Russia in October because ofthe government's chronic fhilure to ping tax loopholes and raise revenue. The government's recent push
        NYT  -  82 words
      • Article, Illustration
        Lock icon Hot dip out in the cold
        40 10 Reuter [GENEVA) Swimmers eating a "Ibndue" during a ftm race in Lake Geneva on Sunday. Following a 60-year-oki tradition, oversoo Swiss took part in a3OO-metre race in water that waa only 4 dag Celsius.—Rtuttr
        Reuter  -  40 words
      • Article
        Lock icon Free up labour,BoE urges EU members
        108 10 AFP [LONDON] The deputy governor of the Bank of England. Howard Davias, said yesterday that Europe must liberaliaa its labour markets when a European currency it introduced or fkce entrenched regional unemployment. "We need to make sure that labour markets are as prepared aa
        AFP  -  108 words
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      170 10 ranpffiHttjHM|L V^^^BmbhwJfc^SflA fc-HP B^^^^^t]^^r^^^^B^M^^^^Bßß|p^^B^Bß^B|BßßßH|B|BPßHß^^BK to y v pw^Pv/^^ 1 m ilinftf «h W^r if 7\*g *w I ill Wl i™ r JPm. V| }J^mr r'«, Sapphire gass, 100 m water-resistant Available in bi-cokjur and steel models Loncines. Swiss Made Since 1832 The Loncines Conquest VHP Perpetual Calendar, a pioneering unmatched
      170 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Greenspan has asset bubbles on his mind
      844 11  -  THE BOTTOM LIME ~0 PINION Anthony Rowley The writer is BT's Tokyo correspondent N ALL the talk about whether US Federal Reserve chairman Alan Greenspan was signalling a tightening of monetary policy or simply posing a rhetorical question about how far central banks
      844 words
    • Article
      IN OTHER WORDS
      98 11 'What are they, the Ebenezer Scrooges of the business world?' Angela A Until a San Francisco city official, referring to BankAmerica Corp's plan to cut 3.700jobs announced less than two weeks before Christmas. o This market's on borrowed time.' Richard Eakle president of investment advisory firm Eakle
      98 words
    • Article
      France's reputation at stake
      642 11 EDITORIAL DAEWOO Electronics has every reason to be deeply disappointed with the French government The controversial decision by the French to abort the sale of the multimedia arm of Thomson SA to the South Korean group smacks of blatant racism, despite subsequent conciliatory words by French
      642 words
    • Article, Illustration
      Lock icon Seasons for spending
      949 11  -  Seasonal patterns in economic activity can tell economists a great deal about business cycles by Jeffery Miron, The Economics of Seasonal Cycles, by Jeffery Miron, MIT Press, 1996 TO EVERYTHING there is a season, and economic activity is no exception. Driven by holidays, weather and the scholastic
      Source:; REUTER  -  949 words
    • Article
      Van der Horst has no stake In Australian company
      111 11  -  MAILBOX Stephen Law company secretary London Securities Ltd Sydney, Australia IN REFERENCE to your article "Will Aussie Company be the next Van der Horst" (BT, Dec 10), it is important to emphasise to your readers that Van der Horst is not
      111 words
    • Article
      WHAT THE OTHERS SAY
      756 11 No twain— to be in Burma POLITICS should not be an issue for international corporations, says a spokesman for energy company Unocal, the single largest US investor in Burma (Myanmar), in reply to suggestions Unocal pull out of Burma. Business executives, as they like to point
      756 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      39 11 DOONESBPRY By Garry Trudeau YOUNG MAN. I SO OKAY. THATS QO/TBI JUSIEN, I'feMOUJNTHtS^^ PONT THINK MHATS ENOUGH, SON! I GAL FOR. OVER. 20 YEARS' M JOAN£^\ THATQUES- THBPEAL Mk ASHE'S A CLASS ACT.'SHE f§ |V SCOT!KI'LL DRJVB VON.. ONCUN-
      39 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Film critics' top pick: Secrets and Lies
      433 12  -  It's not quite the Oscars, but the Los Angeles Film Critics Association does carry some clout in the movie industry, says berhakd whmrato BERNARD WEINRAUB NYT THE Los Angeles Film Critics Association gave British director Mike Leigh's comedy-drama Secrets and Lies the bulk
      NYT; FILE PHOTO  -  433 words
    • Article
      Lock icon Top Chinese playwright Cao Yu, 86, dies
      417 12 OBITUARY Founding father of China's modern drama best known for Thunderstorm NYT [BEIJING] Cao Yu, who has been called China's foremost modern playwright, died on Friday at a hospital in Beijing. He was 86 and had been hospitalised for the past eight years,
      NYT  -  417 words
    • CHATTER Box
      • Article
        Lock icon Gable's Oscar sold for record US$607,500
        81 12 AFP [LOS ANGELES] The Academy Award won in 1934 by actor Clark Gable for best actor in the film It Happened One Night was auctioned off on Sunday for a record U*****,500 (S$850,000). The Oscar was among memorabilia sold by Gable's heirs and auctioned
        AFP  -  81 words
      • Article
        Lock icon 'Soft' Stallone wants to move to London
        105 12 AFP [LONDON] US actor Sylvester Stallone Intends to move to London, to give his daughter a better education in a safer environment, The Sun quoted him as saying yesterday, f The tough hero of the Rambo and Rocky movies also confessed that he
        AFP  -  105 words
      • Article
        Lock icon Fans wait for Madonna
        89 12 AFP [LOS ANGELES] Several hundred fans of pop diva Madonna waited several hours for her to show up at Saturday's world premiere of her new movie Evita. Accompanied by Carlos Leon, the father of her baby daughter, British director Alan Parker and actor Antonio Banderas. Madonna
        AFP  -  89 words
      • Article
        Lock icon French pretender's 15m franc auction
        86 12 AFP [MONACO] The pretender to the throne of France grossed more than 15 million francs (Ss4 million) at an auction of his paintings, furniture and other objetsd'art held here by the London auctioneers Sotheby's last weekend. The collection of paintings, furnishings, books, silverware and plate
        AFP  -  86 words
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      120 12 Indulge in a passion, you don't need to share: Cashmere in Leather. >• i.J* v> i 1 H ifl V 4 The Seeger excellently crafted from a leather as smooth as the *^sr SGOOOR CASHMERE IN LEATHER Frankfurt Milan New York Paris London SEEGER BOUTIQUES: SINGAPORE 290 ORCHARD ROAD #01-24
      120 words
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      Page 13 Advertisements Column 1
      520 13 Where to wine, dine and entertain APQL^HOTeL— iIMsPI 1-31 DECEMBER' 96 Christmas Cocktail Muf ■HHHj 24 &31 DECEMBER FIRST DRINK 8 00pm-3 00am $20.00«-»» per person H ll^Hja I "Let's Dine At The Pool Terrace Restaurant..." Dining at the Royal Holiday Inn Crowne Plaza takes on a decidedly relaxed tone.
      520 words
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      Page 13 Advertisements Column 2
      259 13 SINGAPORE BUSINESS Giving you the winning edge ILpNUEST Ffi-Tea i» jowrj BY POPULAR DEMAND! @east on our spread of Pastries. Nonya Kuek and local favourites like Mee Siam, Laksa. Rojak. Mee Rebus and more! Adult: $12.80 (Sal, Sum A Public Holidays: $13.90) Child: $7.80 GST. Prtccs subf+ct to duMßgts wttkomt
      259 words
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      Page 13 Advertisements Column 3
      181 13 fesT Dian Xin Restaurant 1 At The Neptune on Shenton Way Dian Xin/Lunch I j 11.30am-2.3Opm\^^ 7TH FLOOR. OVERSEAS UNION HOUSE. I COUYER QUAY. S4NGATORE 0««21 TEL: 224 3922 Dine for Free" Lucky Draw 1 Sep 31 Dec 96 Each week, we wiH be giving a full refund* I for
      181 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      743 13 TV&RADIO I*l anitniri 12 Voodoo (Parental Guid- 8.00 Berita 12 (AO. DQISIISIIsISIBHHHHHHHHHHHHMHfIBHHHBi m ance Advised). 840 HMI. 140 PM TV Innovations. 12.4S AM Earth 2. 040 Muzik Muzik. 240 The Winners. L3O The Extraordinary. 10.00 The Wife of the Eldest Son 3.00 Money, Money. Money. i m Tour of Duty'
      743 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      285 13 CRYPTIC CROSSWORD 1 Irascible type to go over plot H M 9 Suitable person for girl to love? po I I MS 10 Ancient law applies exactly to 11 Virginia hires out servants (6) mim| BE SB |fi 12 Being successful is attractive 15 Attribute article to writer (7) ™"~HIH
      285 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      A celebration of the joy of humanity
      1871 14  -  The Pantai Indah Kapuk in Jakarta is a course that is near perfection, says micel&us d'cruz NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review. This review and further infonnation about golfing in Asia are available on the Internet at the
      1,871 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      124 14 All you have to do is get behind the wheel of the C-Class to discover Mercedes-Benz's famed obsession with safety. You'll find It in the fourth-generation ABS and dual airbags. And again in innovations like the optional Electronic Traction System (ETS), dirtC/~*\ I resistant dichromatic rear lights and pedals which
      124 words
Page thumbnail Page 15
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Cerebos' profits up 11% on back of 5% rise in turnover
      515 15  -  Group's Australasia operations, new acquisitions continue to erode margins By Catherine Ong [SINGAPORE] Net profit grew 8 per cent in the second half at Cerebos Pacific to $58.6 million but margins were eroded by further declines in the group's
      ARTHUR LEE  -  515 words
    • Article
      Lock icon Sime Bank aims to be big regional player
      539 15 AFP [KUALA LUMPUR] Malaysia's largest multinational Sime Darby Bhd, yesterday unveiled plans to become a top financial group in the region with the launch of its banking arm, Sime Bank Bhd. "Financial services will be a core activity for the Sime Darby
      AFP  -  539 words
    • Article
      Growth at lower rates: a sign of SingTel's maturity
      727 15  -  HOCK LOCK SIEW Genevieve Cua BY NOW, shareholders of Singapore Telecom should have little illusion about the company as a growth stock. Earnings growth is likely to taper down to single-digit before the year 2000, and the key word in any
      727 words
    • Article
      APB to continue to invest in China despite losses
      436 15  -  To be major player in Asia, it cannot afford not to be there: CEO By i Genevieve Cua [SINGAPORE] Asia Pacific Breweries (APB) will continue to invest in China as one of its core Asian markets, despite increased losses expected over
      436 words
    • Article
      CMB suspends talks on M'sia acquisition
      143 15 [SINGAPORE] Packaging group CarnaudMetalbox Asia (CMB Asia) has suspended negotiations on its proposed purchase of the CarnaudMetalbox operations in Malaysia to allow the latter to meet deadlines on equity restructuring. The main board-listed company said yesterday that it had been working on proposals to
      143 words
    • REGIONAL COMPANIES
      • Article
        Lock icon KL securities watchdog slaps penalties on Texchem
        326 16 Its unit, Fumakilla, made misleading statements about ethnic makeup of ownership AFP [KUALA LUMPUR] Malaysia's securities watchdog yesterday penalised Japanesebacked Texchem Resources Bhd after its unit made misleading statements concerning the ethnic makeup of its ownership. Texchem president and director Fumihiko Konishi said
        AFP  -  326 words
      • Article
        Chem Industries buys 2 London properties
        269 16 [SINGAPORE] Chemical Industries (Far East) has increased its property portfolio in London with the purchase of two commercial blocks and is close to completing the deal on another. Chemical Industries said yesterday that the purchases made via its subsidiary JPI Trading were part of
        269 words
      • Article
        Keppel to rename 6 of its listed firms
        210 16 [SINGAPORE] The Keppel Group will rename six of its listed companies in a corporate identity programme aimed at boosting their market positions. Four are listed on the Singapore bourse and two in the Philippines. The Singaporelisted companies are: property developer Straits Steamship
        210 words
      • Article, Illustration
        Lock icon Open IPOs to more small investors: Ramos
        340 16  -  Draw buyers from rural areas, financial industry urged From Al Labita in Manila PRESIDENT Fidel Ramos yesterday urged the Philippines securities industry to broaden its investor base to include small investors, including those from the countryside. Mr Ramos urged the Philippine Stock Exchange
        FILE PHOTO  -  340 words
      • Article
        GP and S Korean firm in China venture
        221 16 [SINGAPORE) GP Batteries International has tied up with a major South Korean company to produce alkaline batteries in China. The company said yesterday that it had formed a joint venture called Geewin Industrial (S) Pte Ltd with STC Corporation. It owns 80
        221 words
      • Article
        Lock icon DRB-Hicom seeks listing for bumiputra EON distributors
        99 16 Bernama [PETALING JAYA] DRB-Hicom Group is preparing to seek listing for eligible bumiputra distributors of Edaran Otomobil Nasional (EON) on the Kuala Lumpur Stock Exchange Second Board. Its chairman, Yahaya Ahmad hopes that, initially, at least five or six of the 150 bumiputra
        Bernama  -  99 words
      • Article
        Lock icon Berjaya Group sells another 19% stake in Berjaya Ind
        238 16 Reuter [KUALA LUMPUR] Malaysia's Berjaya Group Bhd said yesterday it had sold a further 19 per cent stake in its property and investment arm Berjaya Industrial Bhd. In a statement, Berjaya Group said it had sold the remaining 8 per cent
        Reuter  -  238 words
      • COMPANY Briefs
        • Article
          Giken Sakata back in the black
          58 16 [SINGAPORE] Electronics contract manufacturer Giken Sakata has returned to the black with an interim net profit of $1.1 million for the six months to Sep 30. The Sesdaq listed company posted a $3.2 million loss in the same period last year. Turnover this year
          58 words
        • Article
          Sincere Watch interim profit up 90%
          54 16 {SINGAPORE] Sesdaq-listed Sincere Watch has reported a 90 per cent jump in net profit to $457,000 for the six months ended Sep 30, despite a 13.17 per cent fall in turnover to $51.6 million. The improved results came from subsidiaries handling its agency, distribution,
          54 words
        • Article
          STE&E names managing director
          32 16 (SINGAPORE] ST Electronic Engineering Ltd has appointed Yap Eng Lip its managing director, effective January next year. He is currently the vice-president and general manager of the company.
          32 words
        • Article
          Hotel Equatorial files CBT charge
          83 16 [SINGAPORE] Hotel Equatorial a wholly-owned subsidiary of construction-based Lim Kah Ngam (LKN) has lodged a police report against one of its accounts employees for criminal breach of trust. The arrested employee has been released on bail of $20,000 pending police investigation. The misappropriation is related
          83 words
        • Article
          Pacific Andes buys 51% stake in firm
          86 16 {SINGAPORE) Main board-listed Pacific Andes has taken a 51 per stake in Maritime Pacific Investment Group for US$2.B6 million (Ss4 million). The purchase was made through subsidiary Lions City Investment which will loan a further U*****,000 to Maritime Pacific for working capital. Maritime
          86 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Brierley buys 20% of Fairfax from Black for A$447m
        489 17 Observers believe Brierley may sell stake at profit to Kerry Packer Bloomberg Business News [SYDNEY] Brierley Investments Ltd, which is 20 per cent owned by a group of Malaysian and Singaporean investors through Delham Investments Pte, has paid A 5447.1 million
        Bloomberg Business News  -  489 words
      • Article
        Lock icon S Korea acts to boost stock market
        296 17 Bloomberg Business News [SEOUL] South Korean officials said they're enacting measures immediately to lure retail investors into the stock market. The benchmark index has lost more than one-quar-ter of its value this year, making it the second-worst performer in the world. The measures
        Bloomberg Business News  -  296 words
      • Article, Illustration
        Lock icon And now there are 24
        47 17 (HONGKONG] Store assistant Yuen Kam Foon selling champagne to a French customer in the first Carrefour Hypermarket in Hongkong yesterday. The French Hypermarket giant now has 24 stores in six Asian countries Taiwan, Thailand, Malaysia, South Korea, China and now Hongkong. AFP
        AFP  -  47 words
      • Article
        Lock icon US expected to cut cash payments to HK Telecom
        511 17 Move could force shake-up in HE telecoms market South China Morning Post [HONGKONG] The United States telecommunications regulator is expected to move this week to cut the cash it pays to foreign telephone companies, a move that could force a telecoms
        South China Morning Post  -  511 words
      • Article
        Lock icon Daewoo may sue France if Thomson sale fails
        270 17 Bloomberg Business News {SEOUL] Daewoo Electronics Co yesterday said it will consider legal action against the French government to recoup losses if France nullifies the sale of state-owned Thomson Multimedia to the South Korean company. The French government this month reversed course
        Bloomberg Business News  -  270 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Boeing-McDonnell deal turns up heat on Airbus
        613 18 European consortium must speed up plans to form single entity, says industry exec Reuter [PARIS] Partners in European aircraft consortium Airbus must speed up plans to convert the partnership into a single company after news of a merger between its two US competitors,
        Reuter  -  613 words
      • Article, Illustration
        Lock icon Aerospace firms' chiefs expect US govt to approve merger
        496 18 Companies likely to t&kfi six months to complete de&l Reuter, Los Angeles Times [WASHINGTON] The chief executive officers of Boeing Co and McDonnell Douglas Corp predicted on Sunday that the companies' proposed merger into the world's largest aerospace concern would pass
        Reuter,; Los Angeles Times; REUTBR  -  496 words
      • Article
        Lock icon KLM to pay 976m guilders in buyback
        190 18 Bloomberg Business News [AMSTERDAM] KLM Royal Dutch Airlines will pay the Dutch government a total of 976 million guilders (Ss7B4 million) in a share buyback which the company said should lift earnings per share 20 per cent. KLM yesterday said it will pay
        Bloomberg Business News  -  190 words
      • Article
        Lock icon JP Morgan upbeat on German stocks
        262 18 Reuter [NEW YORK] JP Morgan Investment Management's global strategy committee, which helps to run mostly institutional portfolios totalling nearly US$l55 billion (***** billion), is overweighted in Germany and France, a weekly investor newspaper said, quoting chairman Rudi Leuthold. In its latest issue, Barron's reported
        Reuter  -  262 words
      • Article
        Lock icon Coke soda all set to challenge Dew
        286 18 ItpUnsUSs6omad campaign od 06w brand to grab market share from Pepsico NYT [NEW YORK] In an escalation of the soda wars, Coca-Cola Co plans to challenge Mountain Dew, a 50-year-old icon of successful consumer marketing that has been a major money maker for
        NYT  -  286 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Higher capitalisation for M'sia interbank trading
        389 19 Bank Negara raises minimnm mm from Ms3oom to Ms3som from 1998, and to Ms6oom from 1999 Reuter [KUALA LUMPUR] Bank Negara Malaysia announced that finance companies wanting to trade in the interbank money market must raise their shareholders' ftinds to at least Ms3so million
        Reuter  -  389 words
      • SMALL Change
        • Article
          Lock icon China sets Jan interest subsidy at 2.8%
          60 19 Reuter [BEIJING] The People's Bank of China has set the January interest rate subsidy on bank deposits of three years or more at 2.87 per cent, the China Securities newspaper said yesterday. The subsidy is paid only on new deposits. The rate is
          Reuter  -  60 words
        • Article
          Lock icon Landbank to buy PSE seat
          53 19 Reuter [MANILA] State-owned Land Bank of the Philippines (Landbank) plans to buy a seat on the Philippine Stock Exchange (PSE), setting up its entry into the stock brokerage business, officials said. It is also interested in establishing a subsidiary insurance company, Landbank chief executive officer
          Reuter  -  53 words
        • Article
          Lock icon NAB gets Taiwan offshore licence
          79 19 Bloomberg Business News [MELBOURNE] National Australia Bank said it has received a licence to set up an offshore banking unit in Taiwan. The bank already has a branch licence in the country. The offshore licence will "clear the way for National to expand its role
          Bloomberg Business News  -  79 words
      • Article
        Lock icon KL to approve 10 unit trust joint ventures
        192 19 Reuter [KUALA LUMPUR] The Malaysian Securities Commission (SC) said yesterday that the government would allow 10 joint-venture foreign fund management companies to manage domestic unit trust funds. In a statement, the SC said the ventures, which need at least 30 per cent
        Reuter  -  192 words
      • Article
        Lock icon Bakyrchik to raise stake in Kazakh gold mine to 85%
        195 19 Indochina Goldfields will buy the remaining 15% Reuter [LONDON] Bakyrchik Gold pic said yesterday that it has agreed with the Kazakhstan government to increase its holding in the Bakyrchik mining joint venture to 85 per cent from 40 per cent.
        Reuter  -  195 words
      • Article, Illustration
        Lock icon About 10 foreign banks apply to do yuan business: paper
        228 19 Reuter [SHANGHAI] About 10 foreign banks based in Shanghai have applied to do Chinese currency business, the China Securities newspaper said yesterday. The newspaper said that after gaining approval the chosen foreign banks must open yuan accounts with the People's
        Reuter; Source: Bloomberg  -  228 words
      • Article
        Lock icon Jardines' insurance broking unit merging with London firm
        187 19 AFP [HONGKONG] The British trading house Jardine Matheson Holdings said yesterday that a London-based insurance broking subsidiary, JIB Group, would merge with another broker, Lloyd Thompson pic. The merged company will be called Jardine Lloyd Thompson Group pic, Jardines said in a
        AFP  -  187 words
      • Article
        Lock icon Korean firms await forex ruling
        557 20 Planned accounting changes to help firm* not report hnge losses from a fall in won FT [SEOUL] South Korean regulators are expected to approve accounting changes which will allow the country's largest multinational corporations not to report huge foreign exchange losses this year caused by
        FT  -  557 words
      • Article, Illustration
        Lock icon Baht tumbles on offshore banks' selling against US$
        287 20 It hits low of 25.62 before central bank action cushions fall Reuter [BANGKOK! The Thai baht fell sharply late yesterday as players, especially offshore banks, sold the currency heavily for dollars to cover short positions ahead of the year-end, dealers said. Dealers
        Reuter; Source: Bloomberg  -  287 words
      • Article, Illustration
        Lock icon Turkish tanker's first to load Iraqi crude
        266 20 Reuter [CEYHAN, Turkey] The loading of the first tanker for Iraqi oil at Turkey's Ceyhan terminal was nearly completed, Turkish pipeline officials said yesterday. An official said the Gole tanker was loaded with 153,500 tonnes of Kirkuk crude which will be used by
        Reuter; FILE PHOTO  -  266 words
      • Article
        Lock icon Mondiale first with pension top-up firm for French workers
        262 20 It will manage funds from 14m private employees, employers FT [PARIS] One of France's largest mutual insurance groups has created what it claims is the first company dedicated to offering top-up pensions to private sector employees The move has come ahead
        FT  -  262 words
      • Article
        Lock icon ANZ bank sees margins shrinking despite growth
        219 20 Reuter [MELBOURNE] Australia and New Zealand Banking Group Ltd's margins are expected to contract in fiscal 1996/97, chief executive officer Don Mercer said. "The benefits of growth are likely to be partially offset by a further contraction of interest margins in Australia and
        Reuter  -  219 words
      • Article
        Lock icon Euroyen, Euro$ up in thin trade
        222 20 SOKEOLReport Reuter [SINGAPORE) Simex Euroyen and Eurodollar futures were slightly firmer yesterday in thin, listless trade as interest was cut by a dearth of fresh factors and the absence of many players away for the year-end holidays. "People are talking about nothing but Christmas,''
        Reuter  -  222 words
      • Article
        Lock icon CURRENCY REPORT
        163 20 Reuter, AFP London The dollar was firmer against a bruised mark in thin trading as global asset markets calmed and the German unit was undermined by the European Union's agreement on Friday on a post-monetary union stability pact. Analysts said the stability pact has refuelled optimism the single
        Reuter,; AFP  -  163 words
      • Article
        Lock icon Gulf oil producers unfazed by Iraq's return
        306 20 ENERGY REPORT Reuter [DUBAI] The oil powerhouse states of the Middle East Gulf are taking a relaxed view of the first exports of Iraqi crude in six years, Gulf analysts and officials said yesterday. With the first cargo of Iraqi oil poised to
        Reuter  -  306 words
      • Article, Illustration
        Untitled
        1055 20 INTERBANK CROSS RATES Dec 16 3 ECV Ffr m V« »oo M$ MZSNfcts N* liX Sir UTS Irtt fownd USS 11 III 131 III s SBB S si 33« is Bis£ 4ssfiS! ti31 »=s*s?§ 1 §111 §1 Indonesia S.SS oiSIS 0* ToS 0.55 JSS <!!& ,.522 &5 Hg W ft}
        1,055 words
    • Article
      COMMODITY PRICES
      1764 21 SICOM FUTURES Dec 16 RUBBER (Marts dosing it 5.30pm) RSS1 CONTRACTS nmsAq) Close Volume Open Month High Low Sett (tonnes) Interest Jan 97 178.00 175 Feb 97 181.00 2050 Mar 97 184.25 2125 Apr/Jon 97 187.00 4200 Mfitp 97 188.25 5610 Oct/D«c 97 189.50 450 RSS 3 CONTRACT
      1,764 words
    • Article
      WORLD STOCK MARKETS
      2331 21 LONDON Must rials Pac 14 huci AB Ports 265 1 Abbey national 714 7.600 AHied Domecq 423 3.600 Amtt 88.400 unch A Ma Group 124 *2.400 BAT Ind 478.400 -10.600 8ICC 254 -1 BOC Group 883 400 -4 BR Petroleum 668 7 BTR 257.400 7 Bank of
      2,331 words
    • Article
      Lock icon TOKYO
      1630 21 Reuter Q Nikkei 225 +80.65 STOCKS ended lethargic trade slightly higher yesterday, in the aftermath of the turbulence in the New York stock market. Some investors bargain-hunted after sharp sell-offs in Tokyo last week, which made brokers expect trade to be range-bound for the rest of the year. The
      Reuter  -  1,630 words
    • Article, Illustration
      Lock icon HONGKONG
      1628 22 AFX-Asia +153.41 QHangSeng +153.41 SHARE prices closed higher yesterday, with the market recovering after sharp losses last week. Dealers said Wall Street gave no direction and investors appeared to be reasonably confident the Federal Reserve will not change rates at the FOMC meeting today. The Hang Seng Index closed
      AFX-Asia  -  1,628 words
    • Article, Illustration
      Lock icon CHINA
      633 22 Reuter, AFX-Asia n Shenzhen B Index -14JH THE Shenzhen B Share Index plunged 14.94 points, or a limit-down of 10 per cent, to 134.43 yesterday after Beijing announced a crackdown on the stock markets, traders said. The A Index also closed limit-down of 10 per cent, losing 46.61 points
      Reuter, AFX-Asia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  633 words
    • Article
      Lock icon TAIPEI
      400 22 AFP Qw? Index +123 SHARE prices finished slightly higher yesterday as investors refrained from taking bold initiatives. "Investors took a cautious attitude due to the absence of fresh leads," said a trader, adding that some bargain hunters turned to pick up cheap textile and cement shares. The TSE Weighted
      AFP  -  400 words
    • Article
      Lock icon WELLINGTON
      260 22 Reuter QWellmgton *456 SHARE prices ended slightly firmer yesterday on light volume as investors took heart from Wall Street's ability to end square on Friday. The NZSE-40 Index added 6.56 points at 2,356.47. Reuter 0«l« «zs (toot AH2 Banking 8 60 0 '5 6000 Advantages HMgs 1.25 uncti *****
      Reuter  -  260 words
    • Article, Illustration
      Lock icon BANGKOK
      817 22 AFP, Bloomberg Business News Q SCT Index +0.09 SHARE prices edged up slightly yesterday in thin trade as investors stayed sidelined on a lack of incentives. An analyst said that the overall market sentiment was negative as "fundamentally, the underlying economy remains unchanged, while the international outlook is not
      AFP,; Bloomberg Business News  -  817 words
    • Article
      Lock icon SEOUL
      343 22 AFP n Composite Index -13.42 SHARE prices closed lower yesterday, as investors went on a selling spree amid expectations of continued weakness in the stock market and a slowing economy. "Today's sell-offs confirmed fears that the market's slump will be much longer than expected," said a broker. The Composite
      AFP  -  343 words
    • Article
      Lock icon SYDNEY
      620 22 AFP. HAD Ordinaries *19.8 INVESTORS seeking bargains in the market's blue chips helped sham prices to rise 0.8 per cent yesterday. The All Ordinaries Index gained 19.8 points at 2,336.3. Turnover was 327.6 million shares worth A 5764.4 million. The mining sector attracted investors. Among stronger miners. Anaconda Nickel
      AFP.  -  620 words
    • Article, Illustration
      Lock icon JAKARTA
      760 22 AFP n Composite Index -0.85 STOCKS closed lower yesterday on profit-taking in selective stocks, while overall sentiment remained mostly buoyant alongside gains in Hongkong. The JSE Composite Index closed 0.85 point lower at 623.61. Turnover was 118.4 million shares valued at 242.2 billion rupiah. Telkom was unchanged at 3,950
      AFP  -  760 words
    • Article
      MANILA
      357 22 P Manila -4.62 SHARE prices fell yesterday, as investors showed little interest in the market. "There is no real interest in buying," said a trader. "The market is just Finding its level before a short run-up before the end of year." The PSE Composite Index fell 4.62 points to
      357 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Telekom leads stock gains
        8262 23 Bloomberg Business News Q Composite Index +&£5 STOCKS rose, led by Telekom Malaysia as investors bet the telephone company's cellular phone service to be introduced today will outperform its rivals. "Telekom is the best bet; it has the size and substantial cash pile to survive the
        Bloomberg Business News  -  8,262 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2256 24 MALAYSIAN STOCKS Of Gr »W V« On LaatOwto M. M W M M Cap Stwo Co«wpany Sa* rOOOl M>» Law Buyr 5—r Cvr >/I Sml 425 *0 mi 5000 AISBSOc 372 cd unch 22 372 368 370 376 55 4.9 a4 79.0 3816 M» 84 mi 5001 AM08S0C
      2,256 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1506 25 TURNOVER COOO) VALUE COOO) Mate M T«t1 CH> T»<* 27.547 7.478 35.025 74.526 9.2H *3.737 Fintnc* 4,146 1.364 5.510 52.365 2,475 54.841 H«Ws 1,267 164 1,431 3.312 279 3392 PropwttM 3.819 2.050 5.865 21,390 2,434 ***** Pl«r>t«tion 409 409 1,106 1106 Mtnmq 85 85 203 203 8LW 3.571 2.118 5,689
        1,506 words
      • Article, Illustration
        HOT STOCK
        56 26  -  by Shiv Taneja JARDINE Strategic Holdings is a definite sell at current lewis. It closed yesterday four cents higher at U553.76 on a volume of 1.4 million units. Both daily and weekly RSI and Stochastics are well over 75 and the directional indicators are looking toppish. There is
        56 words
      • Article, Illustration
        Market activity subdued as holiday mood creeps in
        894 26  -  STOCK MARKET COMMEXTARY Also weighing heavy on investors' minds is the FOMC meeting today, although no US rate increases are expected By R Sivanithy [SINGAPORE] The absence of many investors because of the coming holiday season and worries about turbulence on Wall
        894 words
      • ON THE GRAPEVINE
        • Article
          Barshesfky promoted
          87 26 THE pint-sized, scarf-crazy Charlene Barshesfky. Acting US Trade Representative, is a woman of boundless energy. News agencies over the weekend reported that during transit at Narita Airport, on her way back to Washington after the World Trade Organisation meeting here, she called up Japanese officials to seal an
          87 words
        • Article
          Ear to the ground
          91 26 HE RUNS a multi-billion dollar corporation, but United Overseas Bank chairman Wee Cho Yaw appears to keep very much in touch with what's happening on the ground. Yesterday, he was seen in the main banking hall at UOB Plaza at lunch time getting the lowdown from
          91 words
        • Article
          No idle chatter
          108 26 THE managing director of the Fraser and Neave Ltd group. Tan Yam Pin, likes the no-nonsense approach. At yesterday's company briefing for analysts and the press, he made it a point to remind the gathering that he would like some form of structure to the meeting. First,
          108 words
        • Article
          Let the good times roll on
          104 26 HONGKONG BANK is expecting some pretty serious partying next year, and said in an economic report released yesterday that consumption-led expansion is expected to drive Hongkong's growth in 1997. The local stock and property markets' positive outlook will help stimulate consumer spending, along with
          104 words
        • Article
          Back to journalism
          89 26 JIM ROH WER, regional economist at GS First Boston in Hongkong, has returned to journalism. He left the bank recently to be the editor of Asia Inc. the monthly magazine owned by Thai Chinese businessman Sondhi Limthongul of the Manager group. Mr Rohwer, author of the best-selling
          89 words
        • Article
          Weighting and seeing
          71 26 AFTER the flurry of selling pressure over the past week or so. activity in the local stock market ground to a virtual halt yesterday as many players •'wait-and-see'' what Wall Street does. With time on their hand, one dealer ended up playing solitaire on his computer, another
          71 words
    • Article
      MAIN BOARD
      4673 25 Gr Or M Wt 1996 La«t Vei Day Last Ouot* 01 y Otv VM Net Cap High Law StNo Company Sate COOO) miq« Law Buyar Safer C'vr PIt $art Plica INDUSTRIALS 5146 ASE NT$10 200 US- IOOO 900 ASF US$0.***** US900 885 90.0 214 165 1258 Acer 50c
      4,673 words
    • Article
      SESDAQ
      938 25 6r Of M art vv Uft V#4 Day Last Ow«tt CXv Dtv YU N»t Cm Aim Ciiupmy S*t« C000) Iji twytr S*tor Cw */f $m« Met mm 289 135 2000 ABB MWfS 5c *7 -2 W 167 166 166 167 3 0 14.2 01 104 4 74 3 169
      938 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      99 15 F Calls to Malaysia slashed by up to 43%! \K\ J** u Jm y,< 1 laft your heart in Penang? Ipoh? Or was it Sarawak? It doesn't matter. Because the C* cost of calls to Malaysia will be slashed from 1 January 1997. Call these states in IB J Malaysia
      99 words
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      Page 16 Advertisements Column 1
      203 16 Turning your Accountant into Superman? We must be kidding. Consider this: weigh a man down with a ton of bricks around his neck and ask him to do a backflip. Naturally, he will not manage it. Now ask your Accountant to produce timely reports when all you have t a
      203 words
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      Page 16 Advertisements Column 2
      31 16 1 r ~i For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      31 words
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      Page 17 Advertisements Column 1
      133 17 BRfiakes the trip to Europe® 1 seem shorter. "j f"** ■A 1 JII f 'j* i *«f IhH With an extra 10 inches between rows, you can stretch out farther in our Business Class. The Australian Airline. |flBEr http: wwwqantascom.au. Trade in your old photocopier, any brand, for u P
      133 words
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      Page 17 Advertisements Column 2
      7 17 France's reputation at stake, Editorial Pg 11
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      77 18 SINGAPORE— 1000 The only performance ranking of Singapore Companies available since 1986 Yes, The Singapore Top nXO Companies have been unveilecL ...Companies With: The Highest Sales Turnover The Highest Profits The Highest Growth in Turnover The Highest Growth in Profits The Highest Sales Turnover Group The Highest Sales Turnover Individual
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      270 19 Subscribe to THEBUSINESSTIMES now iii«A r I and win Ponggol Marina Membership worth $30,000! From 16 Dec '96 to 26 Jan '97, subscribers who sign up for a 1 year subscription of The Business Times will get a chance to participate in 3 fortnight draws where a total of 150
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      142 19 H > JH r resentW tie Cfiejs °f Triple 3. We know they might not look Every month you can feast on different p like chefs but believe us. they are dishes in a buffet that combines the grace of dressed appropriately. Rembrandt, the originality of Picasso and the You
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      116 20 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western San^T Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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      74 23 MU The Perfect Remedy For j j nw>—rn——mm m A Long Work Day 6 kjy SAAB TR4NS EIPOMRS PTE LTD I .-lie Kn- I5-MMI5. Irlr|»h..».-: if.5. 25 I 6XX* l.v: tfc5i 47: 5I.74. SI...« Moors: li.n-S.it s. Ht., s 11 (I «i «»..Ml.,m-4,.m. hl ,{OKAKS S/ A l: 27. I
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      67 24 Qulp 0R The Very Best In Hi-Fi There's Only One Naim SSL Loudspeaker DBL Loudspeaker NAC 52 PromptPowersuppfy I IjJ 135 Poweramp Mono HBBttji|Uj CDS CD player £*SshO 190 CLEMENCEAU AVENUE #04-24/28/29 SINGAPORE SHOPPING CENTRE SINGAPORE *****4 TEL: 339 0330 FAX: 339 6539 XJ** 1 COLEMAN STREET #04-52 THE ADELPHI
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      701 26 TO ADVERTISE CALL TOLL-FREE 1800- 7 4 1 18 8 3 IMTHE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SHUI HWA (IMPORT A EXPORT) PRIVATE LIMITED (Incorporated in the Republic of Singapore) (In Members' Voluntary Winding-up) At an Extraordinary General Meeting of Shui Hwa (Import
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      79 26 AMBON INTERNATIONAL LINES PTE LTD (Incorporated In Singapore) (Members' Voluntary Wlndlng-lp) NOTICE OF FINAL MEETING NOTICK IS HERKBY GIVEN that pursuant lo Section 308<l) of the Companies Act, Cap. SO. a Einal Meeting of the shareholders will be held at 10 Anson Road. #13-J2 International Plaza. Singapore *****J on 17th
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      414 26 I A BPNI lAMK OAQAMQ HAftOHAL MDONCS4A PT BANK DAGANG NASIONAL INDONESIA (Incorporated with limited liability in Indonesia) Cayman Islands Branch U5550,000,000 Floating Rate Negotiable United States Dollar Certificates of Deposit Due 1997 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the
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      202 26 IN THE HK3H COURT OF THE REPUBLIC Of SINGAPORE COMPANIES WINDING UP NO. 194 OF 1996 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OP UCX. SHIPBUILDING (SINGAPORE) PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which was
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      Page 26 Advertisements Column 5
      90 26 p THE STRAITS TIMES CLASSIFIED I YOUR GUIDE TO MORE PRODUCTS SERVICES f All you need to do is take out a Special Feature in our group of newspapers. Not only is it an effective way to celebrate your special events and milestones; it is an excellent opportunity to increase
      90 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      311 27 Knight-Ridder, Reuter RATES remained firm for Panamaxes in the Atlantic and Far East, although little was reported fixed, brokers said. Some sources believe rates will hold steady in the Christmas period with few ships available in the Atlantic for December. Futures held steadier as the bull run continued,
      Knight-Ridder,; Reuter  -  311 words
    • Article
      MARITIME STOCKS
      268 27 mc w m" CWT Oitrtbutlan U6 ChuanHup am uneh 59 CMCO hwMtfMnt -1.50 ♦0.02 66 rfLS MO uneh 334 FraMttlM* 0635 -a005 2 09H*Mn«s 0.M -OOI 92 Hal Sun Hup a 99 uneh 65 HKacMZeta* 0.80 -0.005 35 IMC HaMnft HK5.60 Jay* Holdlm* L01 und) 10 Jyrwia SNpyird
      268 words
    • Article
      Piracy different from petty theft: Asian shipowners
      400 27  -  ASF and Fasa want clear distinction drawn between the two terms By' Yong Mei Fong [SINGAPORE] Asian shipowners have called for a distinction between piracy and petty thefts on board ships in order to get an accurate assessment of piracy in the region.
      400 words
    • Article
      Lock icon China stops processing Taiwan lines' applications
      289 27 Speculation that act may be politically motivated: report Bridge News [TAIPEI] China has stopped processing applications by Taiwan shipping lines to be assigned direct Taiwan-China shipping routes under the auspices of new regulations announced by China in August and November. According to a report
      Bridge News  -  289 words
    • Article
      Lock icon Lines facing delays at Jeddah consider imposing surcharges
      329 27 Reuter [DUBAI] Shipping lines and agents are complaining of long delays at Saudi Arabia's busiest container port in Jeddah, saying the setbacks were prompting some lines to consider introducing container surcharges. Shipping executives said there had been major delays since the October
      Reuter  -  329 words
    • Article
      Lock icon Intertanko appeals against court ruling
      216 27 Bridge News [LONDON] The International Association of Independent Tanker Owners (Intertanko) has launched an appeal against the US District Court's decision to uphold the State of Washington's tanker regulations. In July, Washington's Best Achievable Protection (BAP) regulations came into effect and last month the US
      Bridge News  -  216 words
    • Article
      Aussie union to step up action against Indonesian ships
      238 27  -  From Surinder Singh in Sydney THE Maritime Union of Australia (MUA) has indicated that it intends to step up its campaign of rolling industrial action against Indonesian cargo and shipping, according to a report in the Australian Financial Review yesterday. The
      238 words
    • PORT Shots
      • Article
        Kvaerner sells reefer fleet
        59 27 [SINGAPORE] Shipping and engineering conglomerate Kvaerner ASA has shed off its refrigerated shipping operations by selling off its fleet of eight refrigerated ships for U*****.6 million (Ss2ls million). Of the ships sold, six were wholly owned by Kvaerner and two were partly owned. The buyer is
        59 words
      • Article
        Lock icon Search for victims in freighter crash
        92 27 AFP [NEW ORLEANS] Officials scaled back efforts late on Sunday to find victims in the waterfront rubble after a freighter plowed into a crowded shopping mall and a hotel on the banks of the Mississippi River, injuring more than 100. The Coast Guard said
        AFP  -  92 words
      • Article
        Lock icon BHP takes delivery of bulk carrier
        81 27 Bloomberg Business News [MELBOURNE] Australian steel minerals and oil company, Broken Hill Proprietary Co, said it has taken delivery of its latest ship, the Iron Yandi, from Daewoo Heavy Industries in South Korea. The 169,500 deadweight ton bulk carrier left the Okpo Shipyard. Koje
        Bloomberg Business News  -  81 words
    • Article
      Lock icon Indian firm wins West Port contract
      170 27 Business Line [CHENNAI] Malaysia's West Port has awarded Chennaibased Mercury Information Services a contract to set up its port management system. The deal involved setting up an integrated system covering ship planning, berth allocation. yard planning and allocation, security and gate systems and wharf
      Business Line  -  170 words
    • Article, Illustration
      Lock icon Carriers fear being shanghaied
      987 28  -  SHIPPING RATES: CHINA'S NEW REGIME China's bid to regulate shipping rates and control ship brokerage through a new transportation agency, the Shanghai Shipping Exchange, is causing liner companies to worry that it is crossing the line from rate monitoring to rate setting B» J Joe Studwell
      The Journal of Commerce  -  987 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      283 28 PACE t OraftCargo fl ACl n 2 Actocean 13 ECL Am 3 EES 13 Aw* 13 Ethiopian 6 i Accord Euroft*s 6 Aire** 4 6 Apptmhip 4 F««wus 7 Astro 3 FL-BriqW H Austral n 12 Ayant 6 FroU 12 BSA 7 TttWorm
      283 words
    • Article
      SHIPPING GUIDE
      16322 34 EXPORT ETA ETA Adv*rtis*r V»ss*l Voyage T»l«phon# ETA ETA Advertiser V»ss*l Voyag# T#l#pnon« SIN D*st'n Nam# Nam* Numbar Number SIN Dost'n Nam# Nam* Number Number ■MIHBMHMHMMMMHHHMMHHMMMnRMHBMMHMfi MHMMNIMNHMMMNMMMNMMMMMMNMMNMMRMMNMMMN A 27/12 06/01 ANL BYRON BAY 01S 65 *****55 A 27/12 06/01 Djali Lloyd BYRON BAY V01S *5-*****57 T AOELAIDCtApUZOOr. To
      16,322 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        687 41 V«SMl Voy No Berth Arrival Dtporturo Joroo* Port U*M J*f* AIM J03 alongside 17.12/0500 Aa Uwq 5 9/96 J07 itOOQSMtC 16.12/1500 Ajoan Jumbo 606* *326 J06 alongside K.12/2000 M IMS S5 JH> alongside 17.12/2300 ***** J01 alongside 1612/1800 tt MM SI* $7 0312* JM alongside 16.12/1915 tt 0»o
        687 words
      • Article
        CONTAINER SCHEDULES
        1617 41 RCCEIVHIC OF IXPOIIT FCL COMT/UNEBS AMD LCI C*R«0 Booking/Manet Rstls Sl»»p VoyWo Etb/Btr Parted From Jo From mj ta »m *woo a k/boo lt/aoo a woe 17/0459 hoc 3 '7/0TOO I7/WM HOC 4 it/boo rr/mi it/too UHsm** I0SA I9/IT00 U H/TTOO 0459 yxx U a/1700 17/0*59 17/0*0 17/0700
        1,617 words
      • Article
        GLOBAL HOLIDAY
        256 41 DM 23 Japan Emperor Akihito's Birthday. DaeM Austria, Czech Republic, Denmark. Finland, Slovakia, Sweden Christmas Eve. Germany Market holiday, Christmas Eve. No IBIS trade or floor trade on Frankfurt stock exchange. Netherlands Markets close at midday. Last session before Christmas. Portugal: Markets closed in afternoon, Christmas Eve. Sri
        256 words
      • Article
        COCKETT BUNKER MARKET REPORT
        818 41 THIS report, compiled by Cockett Marine Oil Ltd, show* price ranges in US dollars instead oT single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        818 words
      • Article
        VERITAS BUWKER QUALITY REPORT
        434 41 Cart* HO Mai 990.0 L2 R5 0.® 64 0 00 I W*»r Hit** Art *J—M— umm—i No rtow £25 0 2 0 0 0 0 «WH 380 AM 905.0 OJ 13.6 0.07 33 0.00 MAT] ,/v 3,0 996J U 17.9 0.12 M 0.00 WW! %u* %wu
        434 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Taipei to shift air cargo business to private airline
        142 42 Bloomberg Business News [TAIPEI] The Taiwan government will transfer its NT$l.9 billion (5596.5 million) a year air cargo business to a privately run airline as early as June to make the island more competitive as a regional transport hub. The government
        Bloomberg Business News  -  142 words
      • Article
        Lock icon Iata to discuss raising freight rates to cover fuel costs
        376 42 40 airline operators expected to attend 3-day meeting from Jan 14 Reuter [TOKYO] The International Air Transport Association (lata) will hold a three-day meeting from Jan 14 to discuss raising international freight charges to cover rising fuel costs. The hike,
        Reuter  -  376 words
      • Article
        Lock icon US car makers to raise output by 6.6%
        379 42 Plantobnild&2m Cars truck g in Ist qtr of' 97 Bloomberg Business News [DEARBORN, Michigan] US car makers plan to build 6.6 per cent more cars and tracks in North America during the first quarter of 1997 than they did this year, when
        Bloomberg Business News  -  379 words
      • Article, Illustration
        Lock icon Ford plans cost-cutting drive in Europe
        292 42 AFP [DETROIT! Ford Motor Company, the number two US car maker, says it is worried about overcapacity in Europe and is embarking on a major cost-cutting drive there next year, including discussion of whether to close some of its major European assembly plants. "The
        AFP; REUTER  -  292 words
      • Article
        Lock icon Japan wants US to remove inequalities at new air talks
        226 42 AFP [TOKYO] A senior Japanese official said yesterday that unless the US takes seriously proposals to remove inequalities in the bilateral aviation agreement, a new round of talks opening next month will fail. Jiro Hanyu, deputy director general of the
        AFP  -  226 words
      • Article
        Lock icon China motorcycle industry hurt by over-capacity
        298 42 Production outpacing demand, leading to shakeont Reuter (SHANGHAI! Overcapacity and rising stockpiles have badly hurt the profits of China's motorcycle producers and are causing a shakeout of the industry, company officials and the official press said. The same story is being repeated across many
        Reuter  -  298 words
      • Article
        Lock icon Spanish airline accuses Delta Air of piracy
        213 42 AFP. [MADRID] Ailing Spanish airline Oasis accused US giant Delta Airlines of piracy for removing an engine part from an Oasis jet in New York, leaving 147 Spanish passengers stranded. Delta, which leased the engine to Oasis for its only plane, an Airbus
        AFP.  -  213 words
      • LOG Book
        • Article
          Lock icon JAL to form domestic flight subsidiary
          91 42 Bloomberg Business News [TOKYO] Japan Airlines Co will set up a subsidiary for operating domestic flights capitalised at 10 billion yen (S| 120 million) before the current fiscal year ends on March 31, Nihon Keizai newspaper reported. The new company, likely to be based
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Competition for Algerian aviation sector
          63 42 AFP [ALGIERS] Algeria's civil aviation industry, which has been a government monopoly since independence in 1962, is to allow private investment and competition, the cabinet decided on Sunday. An official statement implied that foreign participation would be allowed, but President Liamine Zeroual said the role
          AFP  -  63 words
        • Article
          Lock icon Israel to maintain Nigeria Air planes
          65 42 AFP [LAGOS] Israeli engineers will maintain the fleet of Nigeria Airways planes In a bid to reduce an accident rata which has led one Nigerian official to describe aircraft as "flying coffins", sources said. Israeli diplomatic sources said Israel Aircraft Industries, the state's biggest
          AFP  -  65 words
        • Article
          IHI signs contract with 4 airlines
          75 42 [TOKYO] Ishikawaj ima-Harima Heavy Industries Co (IHI) has signed 3-year contracts with Ireland's Orix Aviation systems Ltd, Singapore's Region Air PT Ltd, Taiwan's Eva Airways Corp and Hongkong Dragon Airways Ltd for maintenance and repair of V2SOO engines. According to Nikkei English News, IHI
          75 words
        • Article
          Lock icon BA to try out fully non-smoking flights
          82 42 Business Line [CHENNAI] British Airways plans to operate its flights to and from India as fully non-smoking on a trial basis from Jan 1,1997. The trial will apply to all British Airways flights operating between Delhi, Bomaby, Calcutta or Chennai and London, Dhaka
          Business Line  -  82 words
      • Article
        Lock icon Lufthansa and SAS deny report of merger
        153 42 Bloomberg Business News [FRANKFURT] Deutsche Lufthansa AG and Scandinavian Airlines System AS denied a Danish newspaper report that the alliance between the two airlines could lead to a merger. Christoph Klingenberg, a manager in Lufthansa's corporate organisation department, said its alliance with SAS
        Bloomberg Business News  -  153 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1241 42 cmr rucKT eta man etd AfeaDMM RJ8300 1245 RJ6301 MOO ft 1661* IB MUSW7 1720 CZ354 0920 BY601 2025 Hanoi VK745 I2S5 V*744 1355 mor 2140 VW741 1310 V*740 WO AOatoMt S0230 1815 0f82 2050 HatYal T6407 2120 T6406 0020 »Y6oi i9« mm 2155 mm ins
        1,241 words
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      17 27 China's new shipping exchange: liners'main worry Will the exchange cross the line to rate setting? Page 2
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      Page 27 Advertisements Column 2
      367 27 lata to discuss raising freight rates 40 airlines expected to attend Jan 14 meeting. Back Page TMT Worldwide has appointed Laurence Shuter as managing director of its operations in Singapore. He I succeeds Richard Beere, who has been appointed mattering regional director j I l j i vB APL Limited's
      367 words
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      668 28 an— [BINOAPORC CALIFORNIA tXTOtM IDWtCT FHOM WCTT COAST)" |<lUl£ KARACHI IXPnEtt (QKX) wImI w. I m uI I™, <« Mw ®/11 91/11 19/11 DUBAI MY Ml 97/11 M/il U/ii «/U M/U 99/11 M/ 11 mSIOUMMUM OM 14/1J 15/11 M/ 11 M/ 11 M/ 11 OCSAKAJU lAY MW 99/11 11/11 11/11
      668 words
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      Page 28 Advertisements Column 2
      777 28 Lin* MftfOM represented I -111 If »Sn\\ <* o» Member* dfte 'I UAccredited Shipping Agents. Smgtpor* Freight Forwards* Shipping Asaoc Awocteion CALL US... si WKkr j ANYWHERE, ANYTIME. j In the demanding worid of marine With a worldwide supply network of lubrication, the efficient servicing of more than 550 ports
      777 words
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      1090 29 PACIFIC SOUTH WEST EXPRESS (DIRECT) vcsa Ivor m Isare lawns |ua I pot f 1 cw I wrc hou I woo sm m.mm om n/ii ts/ii ot/n n/n n/w %/n %/n vm v/n */n %/n n/n jWB oioi WW H7iT "WTT" oa7oi~ Q7/oi o>/oi gflj "~w7oT~ oi/ii "wTiF n/oi ahjawh
      1,090 words
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      Page 29 Advertisements Column 2
      2068 29 (g) HANJIN SHIPPING UIA CANADA* uwmn/voT UM m «a m k» cm jwt bmw tm |w w wrc log m rrj m m m nmwrna i»/u 11/11 m/oi u/oi u/oi 14/01 n/>i 14/n is/u u/oi u/u iy/» is/u i»/>i is/oi is/u u/>i ii/>i It (MUMP MM a/11 M/U 14/01 U/01
      2,068 words
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      Page 29 Advertisements Column 3
      101 29 I ORIENT EXPRESS UNES (U.K.) LIMITED H*J, (MANAGER FOR SHREYAS SHIPPING LIMITED) TfEU WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE who voy mmm mm mm vor mmm smwow NOROKAP 404 20/12 27/12 NQRDKAP 403 12/12 20/12 LfERORT 911 26/12 02/01 LEERORT 910 18/12 26/12 SINAR TOBA 205 04/01 11/01 SJNAR TOfiA 204 27/12
      101 words
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      1313 30 r<T DSR-SEHA TOR \n Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT wr >www ww hmi m I awt |uw 11 vmtt [vot Ilho 1 ktm Imv 1 hmi Im I out Im" HAKJBI YOKOHAMA MT7SI 1711 Mil MJI 1011 11 H OSK KNATOA EMM Mil »11 *11 all
      1,313 words
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      Page 30 Advertisements Column 2
      1108 30 I NORASIA I VESSEL VOY rSS PKL OOA LAS BCL VAL ALQ ROT ANT FEL LHA NOfIHEL 9649-3 20/12 21/12 04*1 06*1 OMI 12,01 134)1 09D1 10/01 10/01 12*1 NOB SHANGHAI 9660-3 2V12 26/12 16*1 15*1 11*1 IMI 26*1 16*1 17*1 17*1 IMI MSCALfXA 9661-3 61*1 62*1 17*1 22*1 16*1
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      Page 30 Advertisements Column 3
      428 30 r Direct Container Servicej to Fangcheng i i i Zhanjiang S'pore Fangcheng Zhanjiatfl i LIANRAO 19/12 24/12 26/12 I *ii o» 1 ~tt~ /VO/?TRANS I CONVENTIONAL SERVICE TO THAILAND AND BOAKBUUC RO/RO AND HEAVYUFT ANY WBGlftr THAI FLAG STATUS PRIORITY BERTHS A* Lyti VJ7A SAItP SOB) 22-25/12 9-21/8 AjiihytwVJAA 20-21/12
      428 words
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      1450 31 BfS STRAITS SHIPPING PTE LTD ■w 10 Ho« Chiang Road #11-01 Koppol Towers JKJBf Singapore *****5 Tel: *****88 Fax: *****17 SAIAH IRUNEI CONVENTIONAL SERVICE |HO CHI MINH FULL CONTAINER SERVICE 5 "T*T w I*"* 1 WT T*nHffßß)l n*wai(TMcn ISSHS Iw» I OtICNT mm Wl« 31/12 14/U STMmHOW mjoo M/n I
      1,450 words
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      Page 31 Advertisements Column 2
      1339 31 3 SAIUNGS 1 PER WEEK FOR j SINGAPORE EUROPE SERVICE j I SINGAPORE'S GENFRAI AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****04 OUTWARD (l/L) 4205*02 JOHORE OFFKE: I COSTAR SHIPPING PTE LTD #17-01 drs hog sales/ikgs 420 sm 1/43 inward dipt (O/O) 4205/ is COSTAR AGENCIES (M) SDN BHD
      1,339 words
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      Page 31 Advertisements Column 3
      449 31 /-/LIPERKAPALAN DAI ZHUN^V UM TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KIfCMIMhFASTtST TKAMSIT/ MVJUtA-HtKMtITY BiKTM HO CHI MIMH-MUCATtO ~7 GISOOM 9491 JO/12 10TUS 0633 21/12 GIHUAT ASSI6 20/12 &KM 9434 22/12 GIHENG 9603 23/12 G(WI ***** 24/12 AffU
      449 words
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      1280 32 EUROPEAJK/SCANDINAVIA/FINLAND/RUSSIA [SGP~| RDM ANW MBG THP HE LHV LHV TMP ROM ANW HSG P*l SGP E RIGHT RWB26 21/12 10/01 11/01 11/01 13/01 14/01 15/01 E. GALLANT RE-049 24/11 27/11 21/11 21/11 It/11 23/12 24/12 E. RACER RW-013 21/12 17/01 22/01 18/01 20/01 21/01 22/01 E. GRAND RE-OSO 01/12 04/12
      1,280 words
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      Page 32 Advertisements Column 2
      1014 32 ItXPQrr VESSII VOTiGi W Ml 0J MAN OAH IWT 111 WSSiL VOYAfif DIM Atu dmm lam UV D UN OMIT 0434-035# l»/l? 70/1? 30/12 31/1? Olfll 31/12 31/1? IMICOMCEKT *****30 C 01/1? W/l? 10/1? 11/1? ?3/l? I WCKWOt 9435-037W */1? 05/01 04/ DI 07/B1 01/01 04/01 01/01 UfIKONOftO *****)331 IVI?
      1,014 words
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      Page 32 Advertisements Column 3
      592 32 fSm. NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AfRKA EAST COAST SOUTH AMERICA vnsa vot sw |pm i out err m |up hoTTssT mm*l««i lITS 11/ II m n/ii i;/»i n/w ga »lg 81/11 14/11 IMI 31/01 01/B |yp muimr, m ii/ii a/it mi "iyc" lyg" lg IVI? OMB
      592 words
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      761 33 I BSA M MYANMA Wtm FIVE STAR LINE (Myamiior National lino) loading for Yangon (Rangoon) TOSH VOY $M KG PfN PGU J 2MW 14/11 MYOMA VMA H3W 11/1J JUUYUA AGCNTS: MUSTIAO SHIPfttIG AGOKIIS Kill: TU 02-03-*****00 PKI: TIL 02-43-*****01 Pflt IE 02-04-*****02 PGO: TEL 02-07-*****21/4 tg| BANK LINE (A strvkt
      761 words
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      Page 33 Advertisements Column 2
      1099 33 A HYUNDAI MERCHANT MARINE CO, LIP. WESTBOUND TO EUROPE BKG: *****32 I PNA I PRE I PGO I VESSEI VOY Slw'H LEH RTM ANT 1 HAW IRE t FEI 10/12 10/12 21/12 HYKDUAI 302W 22/12 00/01 00/01 11/01 ***** 11/01 14/01 24/12 24/12 20/12 HY.AOMMUI 104W 20/12 15/01 14/01 10/01
      1,099 words
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      Page 33 Advertisements Column 3
      91 33 0 S E C I L| EAST WIST AFRia SEMI CONTAINER SOtVKE n i iv w w w DIMTtAKIS 7/M SLO StO UO IN FT IV\l IOANNIS A I/V I»/1I 21/12 M/OI IVOI 11/01 WOOD PRODUCT SOUTH AFRICA SERVICE a TMI SM I*6 PI Kll NN (TN EWOA6MWOI SU) I|fl2
      91 words
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      Page 33 Advertisements Column 4
      456 33 -jg FAMOUS CONTAINER UNES _JJpS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) TWICE WEEKLY SAILINGS TO BUSAN SOUTH <v KOREA V| J |^P US AN o FOR ENQUIRY BOOKINGS, PLS CALL OUR HOTLINE *****3 3 (30 lines) SYLVIA/MICHELLE POH P. KLANG PH: 0203/*****02 (10 LINES) PENANG
      456 words
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      56 35 To retrieve more schedules, just follow these simple steps... Ste Pif^ The document "Xial 740-6000^^^^^^ tep be faxed p*S* Jf y Pr6SS r the port \Enter your Step/A Step key in the four number XM •Jf digit code Key in your Example: i fax number To NEW YORK (NYC) 2275
      56 words
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      Page 37 Advertisements Column 1
      495 37 Weekly LCL A FCL 1 rOPICdI Servkes to Coribbeor Is hipping A Central America MUNKBOMAH« SLNIWJM 9701 628E Port Country 17/12 24/12 Wize City Belize 20/01 27/01 Bridgetown Barbados 23/01 30/01 Cartagena Colombo 22/01 29/01 CajJrMw St Lucia 22/01 29/01 fort de France Martinique 23/01 30/01 Freeporl Bahamas 18/01 25/01
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      Page 37 Advertisements Column 2
      1259 37 ADVANCE CONTAINER LINES (PTE) LTD n Af* I 140 CacM Street. #12-00, PIL Building. Singapore *****0 M W LI TEL: *****21. FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA (Ull,^, VESSEL VOY SIN MOC UN V«S<l |VOY SX *T «N SRISAMUT SRS26I 19/12 Thu IyTTTxT 25/12 wy
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      Page 37 Advertisements Column 3
      889 37 **********0Z VESSELS I VOY lan I QAMETTA LE HAVRE HAMBURG THAMESPORT ROTTEROANi ANTWERP VILLE DC CAPELLA TIBW 18/12 2*12 07/P1 QB/01 I<VDI iIAM IMM VJ-E OE ÜBRA LI6M/ 2V12 04/01 13W1 14rt>1 16/01 iioi VHXE O AQUARIUS UIBW XVI 2 11/01 2CWI 21/01 23/01 T MOI »W VULE PAPULA AI«W
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      1590 38 —HIEED—Mm ■Of vessel vov sin jkt vessel voy s«n pen H |uy,, fL TwOY SIN BKK EAOLE TIDE' ISB Tu» InPl Sit I 21/12~ QUWU BHOM 673» Tu« lln Pt Thu I H/12~ M.trrA QANTA BHUM 23S W»d 18/12 Sun 22/12 B.MAS EMPAT tl6> Thu 18/12 St 21/12 Z 2VU
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      Page 38 Advertisements Column 2
      632 38 SIRVICI UNO A<7l VISS.L vor ~~ns Iviim VOY —un ccu T CONSIST!NCI 335 FRI 120/12 TUI 124/12 IxoUR Ftl [20/12 THU I*6/1* 006 THU 26/12 TUi_ 31/12 EAPMA 1 331 SAT 2»/12 [THU [02/01 RTKKS HtVt. $AT~ 2«/12 04/QV WWOAPOM/BOMIAY SHVICI WW VOY WW »OM |V«*MI VOY UN BOM Q««NT
      632 words
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      Page 38 Advertisements Column 3
      250 38 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET SINGAPORE *****4 J BOOKINtWWOUWIIB I CM NO: **********0W TEL: 323 1133 FAX: 221 4053/S6/58 TLX: W*****0/***** FSSHIP f Vtssa VOY SMEU SMETD KSTMfIION Z *G& 11/h iron ii/i? rummm swim u/h a/ti a/i? pwnMM/wmt eon 7/H 23/12 25/12 MGMU/tMMK GWSUUM 2VH MPOO 11/12
      250 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      608 39 rr***o utAV/O) x 1« i jzt\J SINO EXPRESS SHIPPING (PTE) LTD. V MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. TEL: *****00 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX J SINOTtANS SHANGHAI (CONTAINER SIKVICI) Also occepting container cargo to: VtSSEI/VOY ETA SIN ETA HKG ETA SHA W/T HKC:
      608 words
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      Page 39 Advertisements Column 2
      379 39 SSsT™ l 'Sk«^ B KRAWQ:{DH3mtT7 Jtftgl)6MBtC> MPWt (81)*****3 SYDNEY/MELBOURNE "NOL AMBER" V.46S ETA SIN 19-12-96 HONGKONG "LA SEINE" V.6486 ETA SIN 19-12-96 CALL BOOKING: 220-2022 XIUHUA/HAMIDAH/YEO/PHYLUS ctu BOOKINGS HOTUNE NUMBERS P&O lot SINGAPORE *****68 IPOH -05 *****8 Containers KUALA LUMPUR 03 *****44 iOHOR BAHRU 07 *****54 HiH CUm Connection. WORLDWIDE
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      Page 39 Advertisements Column 3
      258 39 Page 13 S*por» JOSHUA 20/12 28/12 RdnVAtwA*/N»i aGHIOSMINAS 03AM 06AM RdnVAtwAJK/Nar J J KAVO AIfXAWOROS Oubai/ADhab«ttahr*n/DarnmarVKuw«t| DU*4/A.Oh«b^«hn*VO«niman/Kuw«iß ORKUN KALKAVAN HodaidafVJadd*VAQ*>a/Pt Sad i 1 «"*/AQ*»/PtS»<l/Tnpo« I SAMMI FRONTIER Di*>a/A.Dhabt/Darnman/KuwaK/Jeddah I Toada Sfrpapora, E/W. Malaysia. Indomi I Loading for t I OTRADA Um AngateaAta* OrtawvOwtoatofV I I Nortofc/Camdan Matayata. Indonaato I LOADING
      258 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      576 40 Shipping Times -Business Centre 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. Call 740-6000 Press" 1" key in Document Code Key in your
      576 words
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      Page 40 Advertisements Column 2
      206 40 BWyMSBW oOTo Products Services Turnkey Factory Automation System Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) a |2pjP niAA I En9 nMr,n9SerV Ce I tnimits y JJ VAI Ij j B1 I"JI fl J 1111 111 11 M ®9 I IMulti-slorey warehouse Tuaf Avanoe 13 tj 10,0 CX)
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      122 41 I 1 LEGEND: R Thunderstorm Temperotvre V Shower Weother Wind drection with speed m knots Rom Cloudy Sky Wove height Serfoce ««mH or* mdtcoted by orrow, wfc<h Hy with the wind One ful arde represents cotm or bght and vonoWe wind* J__ One hoH fieche represents 5 knots I—» One
      122 words
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