The Business Times, 30 December 1996

Total Pages: 40
1 40 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes MONDAY, DECEMBER 30,1996
    13 words
  • 48 1 STOCK MARKET INDICES Uj 1(mk Quip S*B VtRM +4.79 BT-SR] 2J*$4*MI.7S KLSEOOHP 1JB9.N. +U4 NIKKEI —1MHJ4 ttl.42 BANG SENG H4W.I4- .„+Ol» SET INDEX 8K.71 JAKARTA COUP 637.43 +4*1 MANILA OOMP—J,17VJ>6 «i4 TAIPEI WP! UNJI +1X24 S80ULC01IP 6UJ2 Oft CLSA CHINA +97.41 AUSTALLflRD—SJHuS +MJ DOW JOKES MttJt.—+7L4I
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  • 57 1 f— j— I-87S. &S44 DM 0644 MM Vl« 0.876 1218 HI It- jUK ASM IMP 00S9 "#055 IUP1AH1M IML J.Nft PUME BATES «NGAPO«r_, „Jl44 KUALA LUMPUR. 126 JA*A*TA 18.M BANGKOK MJfc MANILA 13.10 mmamm km TAJTB US 8TDNH*.. K« TOKYO ISO SEOUL 10 95 ZWBCH- IS* PKANKFUW** AM LONDON
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  • 567 1  -  Three companies want to make card that speeds up data transfers over existing phone tines By x Toh Han Shih [SINGAPORE] Publicly-listed Creative Technology and Powermatic Data Systems are among a handful of Singapore companies eyeing the market for Asymmetric Digital Subscriber Line
    567 words
  • 404 1 Surge caps a record year with investments topping XJS$2OBb [NEW YORK] US stock mutual fund investors poured U553.56 billion (554.96 billion) into mutual funds in the six days ended Christmas Eve, reversing a three-week pullout. The net new fund inflows, which
    Source: Bloomberg ALLAN  -  404 words
  • 787 1 Tlireat to sae is an attempt to sidestep debate on his radical views, they say [SINGAPORE] Take us to court, Prime Minister Goh Chok Tong and Senior Minister Lee Kuan Yew told Workers' Party candidate Tang Liang Hong
    WONG KWAI CHOW/ST  -  787 words
  • Page 1 Advertisements
    • 132 1 ntsnw Stack gaoge Are the dealings of directors a pointer to changes in the fortunes of the stock market? Pf 7 $tOOm The small and medium enterprises' market for IT products and services could be worth more than 9600 million in the next few j-rs, lTPg# BT SRI company focas
      132 words
    • 8 1 Danger in the US mutual fund boom?Pg 7
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    • 152 1 Reports from the rallies, Pg 2 <ragfc** %%%%%> Pi bvi I ■■■■■■■■■■■■nHHBPt-VHI to a free phone and Caller ID. 'i We're right around the corner, round the dock, around the world. mmmw| Only as far as the nearest phone We come round to all your needs. With 24-hour Worldwide Emergency
      152 words

  • THE 1997 GENERAL ELECTION
    • 392 2  -  Don't be left behind, 12 years of opposition is enough, say PAP ministers Byi Chuang Peck Ming THE PAP promised Potong Pasir residents a better life if they broke the opposition's 12year hold on their constituency. Deputy Prime Minister Tony Tan said the
      392 words
    • 230 2 The Straits Times PRIVATE estates in Cheng San GRC will be upgraded too, said Heng Chiang Meng, one of the PAP candidates there. Mr Heng said he is looking at improving parks, playgrounds, drains and other common facilities, and some of the first
      The Straits Times  -  230 words
    • VOTE Notes
      • 80 2 INDEPENDENT candidate Chia Shi Teck is a man of many ideas but they are not practical ones. This was the verdict of Prime Minister Goh Chok Tong, who said he had known Mr Chia, a businessman standing in the single-seat ward of Quia Chu Kang,
        80 words
      • 71 2 IF THE PAP gets a "de facto walkovet" in Kampong Glam, where the DPP candidate Tan Lead Shake has hardly been seen, Finance Minister Richard Hu can say: "I told you so." After touring Albert Centre yesterday, Dr Hu said PAP incumbent Leh Meng
        71 words
      • 96 2 OPPOSITlON ifchies have cried foul over "mosquito infested" and "swampy" rally sites allocated to them. The site for the SPPs Saturday rally along Bukit Batok Bast Ave 2 was described by rally speakers as "a pad! field" and "fit for frogs", the party's Ayer Rajah candidate,
        96 words
      • 67 2 THE government has made it clear that it will not raise the CPF withdrawal age, Finance Minister Richard Hu said yesterday. Opposition claims that this would go up from the current $5 years to 60 years wore "one big lie", he said. Describing these as propaganda tactics,
        67 words
      • 72 2 THOSE who drove to the WP rally at Yio Chu Kang Stadium on Saturday night expecting to circle around for a parking lot were pleasantly surprised to find they didn't really have to: the Apple facility nearby opened its and before too long its car park was fUll.
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      • 86 2 INCUMBENT MP for Hougang, WFs Low Thia Khiang, seems to have been elevated to the same status as a TCS star. Reporters are told to wait for his arrival and speech at rallies (he usually makes the last speech of the night), and when
        86 words
    • 72 2 A young girl standing at an automated teller machine at an Overseas Union Bank branch in Potong Pasir yesterday. Next to the ATMis a campaign poster of the People's Action Party. The strong Singapore dollar has neutralised the effects of imported inflation although two-thirds of
      ARTHUR LEE  -  72 words
    • 640 2  -  S'pore&ns most not think they can be free with their votes By i Chuang Peck Ming, Tan Su Yen THE battle is not over, even though the People's Action Party was returned to power on Nomination Day, Prime Minister Goh
      640 words
    • 639 2  -  Reporting by Ang Wan May, Annette Pau, Clarissa Tan THE US government's criticism of the PAP's election strategy does not amount to interference in Singapore's domestic affairs, the Workers' Party said last night. At their rally in Hougang, WP speakers made the
      LAU FOOK KONG/ST  -  639 words
    • 748 2 "Ifyou walk around Simei, you '11 be hard put to find out who the opposition candidates are because the posters are still not up and this is Day Five of the campaign. They are like masked marvels. We don't quite know who they are. Our SDP friends
      748 words
  • Page 2 Advertisements
    • 58 2 I dmrn't/mmmiim I Brand new furnished offices witH full executive support services and a fax machine in every room, now available for short or long term leasing at PETROSIN BUSINESS CENTRE on the 29th Floor of Suntec Tower One. I Call the General (Manager, Lydla Westbrook at j *****770rfax*****T7 forfuipm|
      58 words

  • SOUTH-EAST ASIA
    • 457 3 JAKARTA Troops still on guard in Tasikmalaya; 120 people detained after rampage: newspaper AFP INDONESIAN troops remained on guard yesterday in a West Java town where riots last week wreak millions of dollars of damage to over 100 buildings, reports said. Traffic
      AFP  -  457 words
    • 246 3 KUALA LUMPUR AFP MALAYSIA may adopt an early warning system similar to that used in Hongkong to alert people of impending storms or floods, a senior government minister said in remarks published yesterday. The system, which uses different coloured balls or flags, could be
      AFP  -  246 words
    • 159 3 TOKYO AFP NIPPON Telegraph and Telephone Corp (NTT) and two Japanese trading Arms would build a telephone network in Vietnam at a cost of 21 bUlion yen (*****.6 million), a daily said yesterday. Under a 15-year business cooperation agreement with Vietnam's
      AFP  -  159 words
    • NOTE Book
      • 76 3 Reuter [SURABAYA] All 18 supporters of ousted minority party leader Megawati Sukarnoputri, detained here in a clash with the army on Saturday, had been released by yesterday, a party official said. Sucipto, head of the East Java branch faction of the Indonesian Democratic Party (PDI) that
        Reuter  -  76 words
      • 103 3 AFP [PHNOM PENH] A Briton abducted in March has been reported alive in a Khmer Rouge stronghold near the Thai border, a rebel defector and the Cambodian government's investigation chief said yesterday. Twenty-ftmr-year-old Chhoy Vin, who defected to the government on Saturday in Siem
        AFP  -  103 words
      • 79 3 AFP [BANGKOK] Myanmar's pro-democracy leader Aung San Suu Kyi was allowed to leave her house for the second time In three days yesterday, but opposition sources said restrictions on her movement have not been lifted. The Nobel Peace laureate attended a wedding in central
        AFP  -  79 words
    • 54 3 [JAKARTA] An Indonesian youth making colourful paper trumpets on thefootpath of a Jakarta street yesterday ahead of the New Year's Eve celebrations. The noise-making instruments are a popular and prominent feature of both public and private events when residents of the nation's capital welcome in
      REUTER  -  54 words
    • 207 3 BANGKOK AFP THAILAND'S Prime Minister Chavalit Yongchaiyudh says he will be satisfied with a 50 per cent drop in corrupt politicians and vote-buying as the country institutes political reforms. In an interview with the Sunday Bangkok Post, Gener- al Chavalit said a constitutional
      AFP  -  207 words
    • 166 3 HANOI Reuter VIETNAM has set a target for annual inflation during 1997 of 7-8 per cent, the Communist Party daily Nhan Dan has said. "The prime task for pricing management in 1997 is to carry out a study on policies and measures to
      Reuter  -  166 words
  • Page 3 Advertisements
    • 145 3 t t For more information please contact Geneva Master Time Pte. Ltd.. Patek Philippe Display Service Centre, Dept B2SGPI. Goodwood Park Hotel. Tower Block. 22 Scorn Road, Singapore *****1 Te) (65) 732 1506 Fax: (65) 737 0591 r ZtfhM' fif -f-'C 11 tff|M 1 V B m* ■I V BH
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  • CHINA-HONGKONG-TAIWAN
    • 442 4 HONGKONG It will be the Chief Executive's first informal meeting with China-appointed body AFP THE head of Hongkong's post--1997 government, Tung Cheehwa, will hold his first informal meeting with the Chinaappointed Provisional Legislature today, members of the interim body said yesterday. The meeting between
      AFP  -  442 words
    • 242 4 BEIJING AFP CHINA yesterday hailed premier Li Peng's visit to Moscow this week as a breakthrough in its efforts to unseat the US as the world's sole superpower. In an official Xinhua news agency editorial carried by all major newspapers,
      AFP  -  242 words
    • 340 4 SINGAPORE HK handover, closer Taipei-Beging ties will shape 'Greater China': Perc report AFP THE shaping of a "Greater China" in 1997 with Hongkong's handover and closer economic interaction between Taiwan and Beijing will influence the "health and dynamics" of Asian countries, a report said
      AFP  -  340 words
    • SINO Briefs
      • 66 4 AFP [BELTING] China will start broadcasting a 12-part television series on Deng Xiaoping, its paramount but ailing leader, on New Year's Day, state television reported yesterday. The programme will cover Mr Deng's rise through party ranks, his victory over the Gang of Four,
        AFP  -  66 words
      • 54 4 Reuter [TAIPEI] Taiwan's outstanding foreign currency deposits hit a record high of NT1323.6 billion (5116.5 billion) at the end of November, boosted by the island's continued trade surplus, the central bank said on Saturday. The end-November figure was up from NTJ293.8 billion at the
        Reuter  -  54 words
      • 50 4 AFP [HONGKONG] Between 80 and 90 people in the southern Chinese city of Guangzhou were hospitalised following a gas leak at a steel plant. The leak occurred on Saturday at the Guangzhou Steel Plant, the China-backed Ta Kung Pao reported yesterday. —AFP
        AFP  -  50 words
    • 179 5 TAIPEI AFP TAIWANESE President Lee Teng Hui has offered to speak at as part of a "journey of peace" to the mainland, the United Daily News reported yesterday. Mr Lee has offered to go to China since his May inauguration as Taiwan's
      AFP  -  179 words
    • 396 5 TAIPEI Proposals still have to be passed by the National Assembly to become law AFP TAIWAN is moving ahead with its democratisation process by proposing constitutional reforms to install "checks and balances" on the government, analysts said yesterday after a week-long national
      AFP  -  396 words
    • 212 5 MANILA AFP CHINA admonished the Philippines yesterday to refrain from moves that could harm bilateral relations following a Christmas Day visit by Philippine military officials to a Fili-pino-held island in the disputed Spratly islands chain. The statement, issued by the Chinese embassy here,
      AFP  -  212 words
    • 269 5 TAIPEI Tlie underwater cable connecting Fangshan and will be ready in March fti AFP TAIWAN and China have signed an agreement to build the first direct telephone link between the two rivals, the China Times reported yesterday. The underwater cable connecting
      AFP  -  269 words
    • 58 5 [BEIJING] Workers putting finishing touches to a signboardfor the upcoming Visit China Year in 1997 outside a Beijing hotel yesterday. China is expected to earn a record US$lO billion (SSI 3.9 billion) from foreign tourists this year, an increase of almost lspercentfrom lastyear which raked
      AFP  -  58 words
    • 140 5 BEIJING AFP A LARGE bomb explosion in the Tibetan capital on Christmas Day has sparked official warnings from China of an all-out terrorist campaign by separatist groups led by the Dalai Lama. The bomb exploded outside the offices of the Lhasa City Metropolitan
      AFP  -  140 words
  • Page 4 Advertisements
    • 130 4 II With i worldwide team of 250 multi-disciplined professionals and la network of international offices, OCRA provides confidential and cost effective company fonnation in all the major low tax areas including: II FuN Professional after sates services provided. For a FREE copy of our 100 page colour brochure or to
      130 words
    • 38 4 to co too*>)" 7 u *m*rae) Accctt Stmci •v. IPIpHw -*M Im m d (H JH 0 *wmSm MJSBk 0 MSpfAcnft WinHnu/o Tj wnrth <13 Wmrtnu/c*Q£; WW wl %ll tpAw If II "J vWO v/w I 'y Ipw
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  • Page 5 Advertisements
    • 320 5 9 V f —s if^...^.-j-^. f J How we made the Cefiro fly. On September 8, 1996, in Arizona, USA, a team of engineers fitted the engine of the 143 horses and a staggering 255 Nm of torque. And in near silence, at that. 3-litre Nissan Cefiro into an aircraft.
      320 words

  • ASIA
    • 575 6 SEOUL Unrest over unpopular labour law is set to escalate tomorrow when telecom workers join the strike AFP SOME 25,000 angry workers marched around rilling party headquarters here yesterday to protest against an unpopular new labour law that has caused crippling strikes at South
      AFP  -  575 words
    • 407 6 NEWDELHI Reuter A RECOVERY in the agriculture sector will offset a slowdown in industrial growth and help India post gross domestic product growth of 6 per cent in 1996-97 (April-March), analysts said yesterday. This compares with an official target of
      Reuter; Source:  -  407 words
    • 142 6 B NEW DELHI AFP INDIA'S inflation rate hit a new high for fiscal 1996 when it passed the 7 per cent mark, officials said yesterday. The annual ised rate rose by 0.28 percentage points from 6.8 last week to 7.08 per cent, provisional figures for
      AFP  -  142 words
    • ASIA Notes
      • 61 6 AFP [DHAKA] Bangladesh's main opposition Bangladesh Nationalist Party (BNP) yesterday warned it would stage three days of anti-government protests beginning on Jan 5. The BNP's protests would be held in small towns on the first day, regional cities on the second and culminating in a
        AFP  -  61 words
      • 60 6 AFP [NEW DELHI] Indian scientists yesterday successfully flight tested an indigenously built surface-to-air missile named Trishul (Trident), the Press Trust of India reported. Trishul has been dubbed by analysts as India's answer to the US-made Patriot, which was effectively used to shoot down incoming Iraqi
        AFP  -  60 words
      • 64 6 AFP [SYDNEY] Erin Hofftnan (left) and Jane Duffy heading for the surf past a billboard promoting gun block in the city on Saturday as weather forecasters warned of extreme levels of ultraviolet radiation during the summer period. Australians spend more time outdoors than any other Westerners and
        AFP  -  64 words
      • 79 6 Reuter [ISLAMABAD] Pakistan's government might have to levy new taxes to avert an economic crisis, caretaker Prime Minister Meraj Khalid was quoted as saying on Saturday. "If s not necessary that the fresh tax package would carry imposition of new taxes worth 2S billion
        Reuter  -  79 words
    • 488 6 USEOUL Unprecedented move paves way for North and Sooth Korea to begin peace talks AFP HOPES soared here yesterday after an unprecedented North Korean apology paved the way for the two Koreas to bury the hatchet over a submarine intrusion, and salvage peace plans for
      AFP  -  488 words
    • 220 6 B SYDNEY AFP ALCOHOL will be banned from Sydney's annual Bondi Beach New Year's Eve bash this year in an attempt to prevent the drunken riots which marred last year's celebrations. police said yesterday. Under the ban, even those who take
      AFP  -  220 words
  • Page 6 Advertisements
    • 416 6 BUSINESS Notices PARKWAY HOLDINGS LIMITED US$lOO,OOO,OOO Secured Hybrid Notes Due 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Rate of Interest for the 6-month period from 30 December 1996 to 30 June 1997 (182 days) is fixed at 6.9375% per annum payable
      416 words
    • 505 6 •TO \l>\ I KIIM < Ml 1011 -I KM I SIN). 741 ISX. SHANGHAI INTERNATIONAL TRUSTS INVESTMENT CORPORATION (established under the laws of the People's Republic of China) U5570,000,000 FLOATING RATE NOTES DUE DECEMBER 1998 In accordance with the provisions of the Notes, notice is hereby given that for the
      505 words
    • 0 6 `+"^>+'^>\]|)}().@_?+],>-~]/./`
      0 words
    • 262 6 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 10 AND IN THE MATTER Of KUMON SINGAPORE PTE LTD (M LIQUIDATION) NOTICE IS HEREBY OIVEN. that the creditors of the abovementioned Company, which is being voluntarily wound up. ara required on or before 30 January 1997. to aand in that namaa
      262 words

  • FOCUS
    • 889 7  -  Such dealings have proven to be a useful guide to the health of the overall stock market Reports t Neil Behrmann [LONDON] ARE the dealings of directors a pointer to changes in the fortunes of the stock market? Events on the London stock market show
      Source: The Inside Track(Edinburg,Scotland) ALLAN  -  889 words
    • 935 7 Mutual fond says wide spread of investors a problem if market dives IT IS hardly surprising that Federal Reserve chairman Alan Greenspan is trying to deflate the Wall Street bubble slowly. According to Fed watchers, he is not only concerned about the
      935 words
  • Page 7 Advertisements
    • 76 7 The EBEL Exhibition Presenting a selected collection of exquisite timepieces from EBEL. Exclusively at the new Cortina Watch Centre 9 Raffles Boulevard, #01-63/64, Millenia Walk. Only from December 27th January Ist. Cortina mE 5 Watch Centre at Miltenia Walk <5> Cortina Watch Centre Home To The World's Mmt Trcaxurvd Watches
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  • THE WORLD
    • 423 8 LIMA Newcommnoiqne MMitihw dfnrmnii for release of i iHju'isoned Reuter, AFP MARXIST guerillas holding the Japanese Ambassador's residence in Lima may have softened their conditions for freeing the 83 hostages remaining in the mined and booby-trapped building. In a communique read out
      Reuter,; AFP; REUTER  -  423 words
    • 300 8 FRANKFURT Politician claims it will be costly for Germany to join nnion Bloomberg Business News GERMAN Finance Minister Theo Waigel accused prominent Social Democrat Party politician Gerhard Schroeder of "missing no opportunity to manipulate public opinion" by saying the upper house of parliament
      Bloomberg Business News  -  300 words
    • 259 8 JERUSALEM AFP A SUDDEN wave of strikes paralysed airports and railways and telephone, postal and banking services in Israel yesterday alter a union leader was arrested for ignoring a court order. Thousands of passengers were stranded at Ben Gurion international airport following a
      AFP  -  259 words
    • 119 8 WASHINGTON Reuter THE Clinton administration said on Friday it had issued new rules governing export restrictions on computer encryption technology. "The new export rules for encryption products will promote the robust growth of international electronic commerce and secure global communications while balancing our
      Reuter  -  119 words
  • Page 8 Advertisements
    • 336 8 fl ttlli I iLI S? TTE 1 vi MJvbticw i i S^-^Sp£■ 3F«^*K ?^S j?*-— -i*j•..,■ Tilpt IT J «>►.' "N I JF vßHip -*r m I-' «i* HK The Corporate DBS Bank Card is now accepted at NETS outlets. The first bank to introduce the ATM card for corporations
      336 words

  • BUSINESS IT
    • 675 9  -  Regional SME market may be thrice as large By\ Raju Chellam [SINGAPORE] Small and medium enterprises (SMEs) may represent more than $600 million in potential demand for infotech products and services in the next few years. Stephen Yeo, chief executive of
      675 words
    • IT TAKES
      • 75 9  -  Compiled by Audrey Tan [SINGAPORE] Sun Microsystems and Netscape Communications Corporation have announced that they wiU work together to foster the development, dissemination and commercial success of a broad range of open standards-based technologies. This is to incorporate support for Sun's WebNFS Internet file system
        75 words
      • 71 9 [SINGAPORE] Compaq Computer Corp will add intranet software support to its integration tool, Smart Start, from next month. This will offer the broadest choice of open intranet solutions on its high-performance ProLiant and ProSignia server platforms at the lowest total cost of ownership, the company
        71 words
      • 101 9 [SINGAPORE] The National Supercomputing Research Centre (NSRC) and Cray Research has launched CRAY Quest Singapore 1997. This is the second year of the awards programme which recognises Singapore's best industrial and academic researchers who apply high-performance computing or supercomputing technology in research and development. The programme
        101 words
      • 49 9 [SINGAPORE] The World Health Organisation has chosen FORE Systems to install a 2,000-seat desktop ATM network at its premises in Switzerland. The new network will provide improved bandwidth, support existing applications and provide sufficient capacity and Quality of Service to accommodate future applications, Fore said.
        49 words
    • 499 9  -  It will allow cheaper long distance calls By' Toh Han Shih [SINGAPORE] Singapore high-tech company Innomedia wiU sell Internet phone technology in Singapore and overseas from the second quarter of next year. This will enable long distance calls at a much cheaper rate than
      499 words
    • 185 9 [SINGAPORE] Parametric Technology Corporation (PTC), a US producer of computer aided design, manufacturing and engineering (CAD/CAM/CAE) software, will next year double its Asia revenue and increase its world revenue by 50 per cent, said its marketing vice-presi-dent Karen Ekberg. Ms Ekberg, who was
      185 words
    • 686 10  -  Action: Sing Tel takes part in fibre optic network project to enable it to launch innovative broad bandwidth services By' Toh Han Shih [SINGAPORE] Information highways are well developed within countries such as Singapore, but the telecommunication links between nations are still
      686 words
    • 735 10  -  By Tbh Han Shih The writer is a BT journalist' WITH governments and corporations pushing Internet commerce, the main concern is Internet security. But a more subtle and insidious problem has not received much notice the issue of privacy of
      735 words
  • Page 9 Advertisements

  • Page 10 Advertisements
    • 516 10 I PC August V 6 Workhorse Portable 1996 Most Products PC Computing D«ir Latitude™ XPi PI33ST Intel 133 MHz Pentium* processor 256K8 cache 11.3* SVGA colour TFT display BMB EDO RAM 128-bit graphics accelerator 11 B I 4lf O 810 MB hard drive Utfl 1 »J 3.5'144M8 diskette drive m
      516 words
    • 279 10 Subscribe to THEBUSINESSTIMES now and win Ponggol Marina Membership worth $30,000! From 16 Dec 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 lucky subscribers will win
      279 words

  • Page 11 Advertisements
    • 522 11 Where to wine, dine and entertain B Set Lunch 9 gp Dinner jpgl Flavours at Meisan IS$ 18.90+++ per person 'J^al Ss2B.9o+++ per adult; $14.90+++ per child Make your reservations today! ,/skg| Call 731-7996. A minimum of 2 diners gw U required for K( menu orders Sf MEISAN W SICHUAN
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    • 236 11 I. SINGAPORE BUSINESS r■>'' ii. J? Giving you the winning edge <Dragon (Palace (Restaurant Tim Sum Buffet $12.80+ (Weekdays) $13.80+++ (Sat, Sun c£ TußCic Tfoddays) 1 Vtt&yi s*t U JOam to ZSOpm. Sun S JOam to 2 Jopm 'Executive Luticfi Szecftuatt c<C Cantonese (Vegetarian JivaifaSle) Tram $6.oo+++ per dish (Weekdays
      236 words
    • 145 11 Bi(jGEST Dian Xm Restaurant At The Neptune on Shenton Way J Dian Xin/Lunch »jl 11.30am-2.30pm (SL) *lJ* U IKpCUAC 7TH FLOOT. OVERSEAS UNION HOUSE. COUYE* QUAY. S4NGATOTE *****1. TEL: 224 3922 I Sink you* Ve«H\ info juccvJe«iV-/CUoic< l/S SwcU AS Tenderloin, T-Ro*«, Sirloin or RiV«ye for only $11,151 O Savour
      145 words
  • Page 11 Miscellaneous
    • 808 11 TV&RADIO when Rachael's divorced &30 Campaign Report (M). 1 M*\B:T»J I M parents also show up. 9.00 Darah Dan Cinta (Malay L3O PM TV Innovations. 12.00 MN Picket Fences Dan- Drama). 2.30 The Winners. te's Inferno. 10.00 J Pop Cafe (Japanese Va w I 3.00 Money. Money. Money. IXBO AM
      808 words
    • 296 11 CRYPTIC CROSSWORD ACROSS 9Bh 6 But he probably hasn't a small B|| j j I j vocabulary 8 Egyptian a bus crash wS. SB 9 Honest view about retrograde HI 10 Have endless aspiration for a 11 Got right in to the hollow place 12 Dislike a particular form of
      296 words

  • EXECUTIVE LIFESTYLE
    • 1088 12  -  The Oriental, one of the world's finest hotels, turned 120 last month. GOH HWEE LENG was in Bangkok to soak in the grandeur of the celebrations GOH HWEE LENG IT WAS a sight and sound rarely seen and heard in bustling Bangkok. The Chao
      GOH HWEE LENG  -  1,088 words
    • 1194 12 THEATRE With his film version of the play completed, the actor is giving up the role for good NYT [LOS ANGELES] Since the first time he saw it performed as an impressionable English schoolboy, Hamlet has been Kenneth Branagh's obsession if that's not too
      NYT; FILE PHOTO  -  1,194 words
    • 698 12 FOOD Plans for Paris and HE surveys but Tokyo to be left out Reuter [NEW YORK] The man who eats out 10 times a week is on a diet and clearly is not going to order much as he and his wife enter their
      Reuter; REUTER  -  698 words

  • COMPANIES & MARKETS
    • 284 13  -  Bankers Trust say s the company will also be able to tap into STE6Fs growth Teh Hooi Ling [SINGAPORE] The sale of ST Cfttfeuter Systems' (STCS) simulator and command and control businesses to ST Electronics Engineering (STE&E) will improve the former's net
      284 words
    • 342 13  -  NgKeeChoe fills long-vacant president's post By I Shiv Taneja [SLNGAPORE] Confirming an earlier BT report, DBS Bank yesterday announced senior level promotions, including that of Ng Kee Choe to the post of DBS Bank president, which has been vacant for over a Afro promoted were
      342 words
    • 747 13  -  KAUBT MATTERS It wont be surprising if main board makes a comeback in *97 By Lee Yoke Har IF there is one thing to remember the Kuala Lumpur stock market by in 1996, it will be the dramatic rise
      747 words
    • REGIONAL COMPANIES
      • 318 14 Utility already lost 15% in first half, says chief exec SCMP [HONGKONG] Hongkong Telecom stands to lose more than half its market share by 2005, according to the latest telecommunications report from SBC Warburg. Hongkong Telecom chief executive Linus Cheung
        SCMP  -  318 words
      • 115 14 Bernama [KAJANG] Tenaga Nasional Berhad (TNB) is in the midst of reviewing its operations and that of several subsidiaries to strengthen the organisation's management, executive chairman Ahmad Tajuddin Ali said. Among the subsidiaries whose operations would be reviewed are Tenaga Nasional Properties Sdn Berhad (TNP)
        Bernama  -  115 words
      • 1037 14  -  Company Focus It is setting aside up to USslsm a year for investments and sees major boost in China business By. Agnes Wee [SINGAPORE] THAKRAL Corporation Ltd (TCL) will be ad•ding some US$lO million (Ssl4 million) to US$l5 million each year during
        1,037 words
      • 265 14 Bernama [KUALA LUMPUR] Loy Hean Heong, president and chief executive officer of MBf Holdings Bhd and MBf Capital Bhd, said the MBf Group wUI be transformed into a multinational corporation by the turn of the century. Mr Loy said its overseas operations
        Bernama  -  265 words
      • 358 14 Hell still manage Promet, after Ms66sm sale Bernama [KUALA LUMPUR] Corporate strategist Soh Chee Wen will end up with a cool M) 664.5 million (*****.7 million) from his divestment of his 17 per cent stake in Promet Bhd and 32 per cent
        Bernama  -  358 words
      • 479 14 Bloomberg Business News [WASHINGTON] Morgan Stanley Co says it sustained a "severe" loss at the hands of professional traders and wants the Securities and Exchange Commission to change some trading rules. The securities firm got caught off guard when news was
        Bloomberg Business News  -  479 words
      • 83 14 [SINGAPORE] Sembawang Corp (SembCorp) is raising some $350 million to refinance its short-term loans. The funds are being raised through the issue of 350 miUion one per cent redeemable cumulative preference shares (RCPS) of $0.01 each at $1 per share. The exercise was first announced in August
        83 words
      • 302 14 SCMP [HONGKONGJ Singapore property developer First Capital Corp (FCC) has agreed to buy 20 per cent of locally-listed property developer Lap Heng Co from the Guoco Group for about HK$l.4 billion (SS2S2 million). Guoco announced on Nov 2
        SCMP  -  302 words
      • 197 14 Reuter [TOKYO] Foreign investors, often a driving force in long-term rallies in the Japanese stock market, are likely to turn more cautious in 1997, analysts say. The yen's weakening against the doUar cuts the dol-lar-denominated value of Japanese equities, which may send
        Reuter  -  197 words
    • FINANCE & COMMODITIES
      • 408 15 System allows ynan to move freely and interest rates to be market-driven but it's still small in scope Reuter [SHANGHAI] China's one-year-old local currency interbank market has opened a channel for free movement of the Chinese yuan and allowed interest rates to be
        Reuter  -  408 words
      • 206 15 Reuter [KUALA LUMPUR] The ArabMalaysian group, one of Malaysia's biggest finance houses, is to review its organisational structure, group chairman Azman Hashim said. "We will be looking into our group structure (to see) whether there is any better way of doing our business,"
        Reuter  -  206 words
      • 236 15 Only USs9baf USsBob til fry natural catastrophes paid out Munich Re Bloomberg Business News [MUNICH] Natural catastrophes caused US$6O billion (SsB4 billion) in damage this year, though insurers only paid out about US$9 billion, the world's largest reinsurer said. More than 11,000 people were
        Bloomberg Business News; FILE PHOTO  -  236 words
      • 397 15 It is the third top Japan brokerage to do so to write off bad property loans FT [TOKYO] Yamaichi Securities, the weakest of Japan's big four stockbrokers, is to inject 150 billion yen (Ssl.B billion) into its non-bank affiliate, Yamaichi Finance, to
        FT  -  397 words
      • 272 15 Reuter [BEIJING] China's commodities brokers posted dismal results this year with as many as 80 per cent of them losing money. the Futures Herald newspaper said. In an article contributed by the Shanghai Cereals and Oils Exchange, the newspaper also accused China's market
        Reuter  -  272 words
      • 442 15 But 1997 will pose new challenges to Global Resources Fond as oil prices may weaken Bloomberg Business News [BOSTON] Past performance is no guarantee of future success. That's what investors in State Street Research Management's Global Resources Fund should remember as the ftind ends the
        Bloomberg Business News  -  442 words
      • Article, Illustration
        1796 15 PRIME LENDING RATES (close of business on 20 Dec 96) ftA£S AM Amro Bank NV (V, ABSA Bank United ftv« AN2 Banking Group _ft* Ailed Iris* Bank PLC ft American Express Bank 7 Arab Banking Corp 7 Arab Bank PLC ftvt AsaN Bank Ltd 7 BfCI _ftv 4 Ban Hln
        1,796 words
    • COMMODITIES &FUTURES
      • 588 16 CURRENCY Weeklyßoundup Reuter [NEW YORK] The US dollar ended little changed versus the yen on Friday, after an in-tra-day rally took the greenback to its highest level against the Japanese currency in almost 45 months. Concerns about a weak Japanese economy and stock market weighed
        Reuter; Source: Simex  -  588 words
      • 882 16 COMMODITY Weeklyßoundup AFP [LONDON] All was quiet last week on the commodities markets, as most traders stayed away from their desks during the Christmas holiday period. During a week in which the London Metals Exchange (LME) was closed for two days,
        AFP; Source: Bloomberg  -  882 words
    • 1667 16 8TO0M FUTUilBB Dec 27 RVMER (Marts dostoea at SJO*m) tSS 1 tm&sM) Close Volume Open Moot* M# Lew Sett (tonnes) Interest JM 97 ***** 174.00 175.00 125 200 Ft* ft 178.00 178.00 178.00 50 2050 Mar 97 181.25 1825 Apr/Jan9T 184.50 5925 Ja(/$ep 97 187.50 5610 Oct/Dec 97
      1,667 words
    • 4376 17 Net urn EPS KohBros Sep 25 I 2.358 1.854 0.99 0.78 Date rr LV TV LY KuHm Mil*' Sep 20 I ***** 27.201 12.3 14.4 Company mm (San) <Sm> (cts) lets) LC Oev Nov 14 F 3.129 1193 2.4 LI —L6M Sep 27 I 1.0611 0.871
      4,376 words
    • 753 17 Relative Strength Index: The RSI measures the rate at which prices move. In theory it ranges between zero and 100. In practice, however, it fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: *****0/((up average/down average)
      Source: Bridge Info  -  753 words
    • MARKET REVIEWS
      • 795 18 NEW YORK The Dow is np 26% and the Nasdaq 22% since Jan but their roates up were totally different FT THE bulls had two runs during 1996, and were still galloping, albeit rather aimlessly, as the year came to a close. Those two
        FT; FILE PICTURE  -  795 words
      • 185 18 HONGKONG AFP HONGKONG share prices closed 2.1 per cent higher during a holiday-shortened week on selective buying of property and financial shares, dealers said. The Stock Exchange of Hongkong's key Hang Seng In- dex gained 272.73 points from the previous week's finish
        AFP  -  185 words
      • 876 18 Q Sydney +2L8 INVESTORS held their interest in Australian shares despite the holiday-shortened week and helped advance the market by 0.9 per cent by the end of the week. The Australian Stock Exchange's key barometer, the All Ordinaries Index, finished the three-session week at 2,395.6 on Friday,
        876 words
      • 1981 18 Q Paris +28.42 FRENCH stocks should get a boost in the days ahead as money managers look to boost their portfolios at the beginning of the year. On Friday, the benchmark CAC 40 Index rose 0.14 per cent to 2,306.95, up 3.2 points, on 5.4 million shares
        1,981 words
      • 262 18 LONDON AFP THE London stock market posted modest gains during the shortened week last week, in which the bourse closed for two days over the Christmas break, profiting from weak trading volumes to break new records. The Footsie Index of 100 leading companies ended
        AFP  -  262 words
      • 461 18 TOKYO AFP JAPANESE share prices slumped to the year's low during the week as investors saw a government tax and budget policies putting a damper on the economic recovery, brokers said. "The recent sharp falls are a sign of investor disappointment
        AFP  -  461 words
    • KUALA LUMPUR STOCK MARKET
      • 8136 19 AFP, Reuter AFX Asia ft Composite Index +SJM MALAYSIA'S key stock index rose 0.5 per cent last week, helped by interest in selected blue chips despite a lethargic market due to year-end holidays, brokers said. "Trading is expected to remain thin in the
        AFP,; Reuter; AFX Asia  -  8,136 words
    • WARRANTS & OPTIONS
    • 2376 20 MALAYSIAN STOCKS Or Or 1996 Last Vol Waaft twt Ouot* Olv 0* YM Nat M Cap H>» Law Stno Company SjX COOP) High Law Buyar **a«f C'vr P/I $m* 625 360 m ***** AISB 50c 168 Cd 15 372 364 368 378 5!o 4.9 a4 741 377.5 n9
      2,376 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1366 21 TUMOVCICOOO) VAUH (*000) mm cm mm cm rm MuttrW SMSS 4M*1 WWW 2MM JMg rinmc* MM 2.4*0 *5* *4.707 <045 ®°>Z" MM IW JTT -MJ2 ji*j? *J! i*5 PratMftiM «2.T» »JM 23.WH M.tT« MMIW 43# 434 MW4 UW4 MMm 201 201 4t7 497 BLW 14 509 <079 19.3M 8J71 3.592
        1,366 words
      • 4325 21 Cr Or M Wt Last V* Waa* LMt Ouata Wv Mv VM JJ* Cap _Avq NHIiL»w SIM f|->—r COOP) Htgh Law 8wyar Sa«ar Cw >/I Smd Prtca MOUSTMALS 5146 ASENTS10 200 US- oq 0 I *52 1258 100 —SS? 7 74 178 172 17,' S ON 7.S LO
        4,325 words
      • 989 21 at Or M «t I9M LMt VI Waa* Last Ouoti n* Ml M Ca» Avf Mm> l— Ml room hm» c— c*w p/e jm* Pric. 289 135 2000 A8R HUMS Sc Ml 2 U 1*3 1*1 161 166 X0 142 0.1 K»i TV* 162 151 68 2049 ASArtoToc 143
        989 words
      • Article, Illustration
        68 22  -  By J Shiv Taneja INTERFORM CERAMIC TECH has had a good run these past few months. On Friday, it closed three cents up at HKSI.I9 on a volume of 542,000 shares traded. But investors should expect a correction in the very near future. Investors should sell new, and
        68 words
      • 1160 22  -  STOCK MARKET COMMENTARY Watch earnings performance and liquidity flows too, say brokerages Bit R Sivanithy (SINGAPORE] As 1996 rolls out and 1997 prepares to make its entrance this week, investors must surely be asking themselves whether the new year will bring better
        SOURCE: Deutsche Morgan Grenfell Research  -  1,160 words
  • Page 13 Advertisements
    • 26 13 TAGAMET (CimetkMne 200mg) is available from your pharmacist in leading pharmacies for short term symptomatic relief of f Dyspepsia Heartburn Hyperacidity SB SmithKlme Beecham MHP *****6
      26 words
    • 105 13 A moment of your time. (After all, some things can't be rushed.) I An appreciation for the finer things in life does not happen overnight. It must be acquired through experience. Cultivated over time. Good taste cannot be merely bought. Those who recognise quality know that Cyma watches represent the
      105 words

  • Page 14 Advertisements
    • 111 14 JAL welcomes you with a special 5-star treat at d Nik^KL Ifs always a special treat to fly JAL Because now for the first time, our KL premium packages pamper you with a night's stay and breakfast at the 5-star Hotel Nikko. Don't miss this fantastic promotion! Luxury travel begins
      111 words
    • 38 14 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. i'>' Call C.A.T.S. at •">7 1800-737-1166. I CATS. I A.■ 11 >>■ .1 »n J na i I Anou berv»ce
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  • Page 19 Advertisements
    • 43 19 vJhen the Market nets Going. ■H the Savvy 90 £URFSN£ Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://www.asial.com.sg/btstocks on the Internet I EEOBa BUSINESS CENTRE YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
      43 words

  • Page 20 Advertisements
    • 66 20 EnhaiyO i Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner. Joe
      66 words

  • Page 21 Advertisements
    • 12 21 Sewce Centre CENTREPOINT 176 Orchard Road #01 05/06 Singapore *****3 Tel: *****34
      12 words
    • 54 21 You may have been unable to get your copy of The Business Times, The Straits Times, The Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home
      54 words

  • Page 22 Advertisements
    • 130 22 {{_&`(/]^]$>%'$$~>;,|&[(~+["={` rC iN »w 77ms announcement appears as a matter of record only Straits Steamship Land Limited (Incorporated in the Republic of Singapore) *****,000,000 415/16 Per Cent Bonds Due 2001 *****,000,000 Floating Rate Notes Due 2002 Arranged and Managed by E Keppel Bank of Singapore Limited Fiscal and Paying Agent
      130 words
    • 0 22 \$*$]\~^"!*&,]'<;=`|.,.>;$;=`'=
      0 words
    • 481 22 T() AI)V K R I ISK A!. I. I()I.I. F R I I I X (Ml -7 4 I IS N BZW WARRANTS LIMITED (Incorporated in the Cayman Islands) lo: All holders of call warrants issued by BZW Warrants Limited relating to "foreign" designated ordinary shares of Overseas Union Bank
      481 words
    • 664 22 THE STRAITS TIMES CLASSIFIED EMPLOYMENT L,„ YOUR CAREER GUIDE IMO-tsmim IN THE MATTER OF THE COMPANIES ACT, CAP 5Q ANO IN THE MATTER OF IZAL SINGAPORE) PfIVATE UMTTEDJN MEMBERS' VOLUNTARY LIQUIDATION) At an Extmordnary General Meeting of tie Members of the Company duly convened and held at 36 Robinson Road
      664 words
    • 339 22 f M THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO M THE MATTER OF FOUR PILLARS ENTERPRISE (S) PTE LTD (MEMBERS' VOLUNTARY WMOMO-UP) NOTICE IS HEREBY GIVEN that the creditor! of the abovenamed company, wheh being voluntarily wound up. ara required on or before 30 January 1097 to aand
      339 words

  • SHIPPING TIMES
    • 275 23 Contributed by Simpson Spence Young WITH the festive holiday virtually upon us we have seen a whole rash of sales being reported in various sectors of the market and a number of rumours surrounding other tonnage. A number of container vessels which were previously reported sold have now
      Contributed by Simpson Spence & Young  -  275 words
    • 290 23 Hi* 4 'W& Nc 27 St CWT Distribution L20 *0.01 91 ChuanHup 0.935 *0.005 4 Cosco Invattmant 1.58 *0.03 63 FELS 7.05 *0.05 56 rraiqht Links 0.635 -0.01 4 06 Holdings 0.865 *0.015 22 Mai Sun Hup 1.00 unch 32 Hitachi Zosan 0.79 *0.01 18 IMC Holdings HK5.60
      290 words
    • 494 23  -  Fast Connect II to result in faster turnaround time for ships, and increased rebates for lines By Felix Chan [SINGAPORE] The Port of Singapore Authority (PSA) has launched an enhanced version of its transhipment system to accelerate the connection of containers. Fast Connect 11,
      494 words
    • 155 23 [TOKYO] Japan and the US will hold talks on Jan 6-7 in Washington over a US claim that its shipping companies are put at an unfair disadvantage by Japanese loading practices. Japan's Transport Ministry was reported by Kyodo News as saying that the
      155 words
    • 641 23  -  LINER SCENE By David Hughes WELL it is time to say goodbye to 1996. Most liner operators would be happy to see the back of the old year, were it not for a sneaking suspicion that the new one
      641 words
    • 147 23 [ROTTERDAM] The Rotterdam Municipal Port Authority has launched a joint programme with various other organisations to train better educated port employees and jobless people to become information technology staff. Rotterdam port needs this type of worker, but because of pressures on the
      147 words
    • 286 23 Other freight rate increases to take place as planned Journal of Commerce (LOS ANGELES] Shipping lines that carry US exports to Asia have decided not to implement a freight rate increase for chemicals and resins in 1997. Shippers see this action by the
      Journal of Commerce  -  286 words
    • 92 23 [SHENZHEN] Comprehensive design plans for an intermodal cargo container shipping centre in Shenzhen have been approved by authorities, who believe the project will play an important role in promoting transport between the city, in south China's Guangdong province, and Hongkong. As a port
      92 words
    • PORT Shots
      • 86 23 [SINGAPORE] The sunken bulk carrier Herceg Novi has been removed from its location outside Singapore's port limits. In a press release, the Maritime and Port Authority of Singapore said salvage operations had been jointly conducted by Smit International Singapore and Semco Salvage and Marine. To
        86 words
      • 62 23 AFP [BEIJING] Ships flying the Taiwan flag will have to lower their colours to anchor in Hongkong's port after the British territory reverts to Chinese sovereignty next year on July 1, China's government said in a communique. However, Hongkong-registered vessels will not
        AFP  -  62 words
      • 76 23 AFP [LONDON] Britain will reintroduce prison ships next month in a bid to overcome overcrowding in the country's jails, a newspaper report said yesterday. The Express said British officials had inspected and approved the use of a six-deck ship, the Resolution, currently anchored in
        AFP  -  76 words
    • 1181 24  -  TWA FLIGHT 800 CRASH: LEGAL SCRAMBLE TO ASSIGN BLAME STARTS Government officials have not determined what caused Flight 800 to explode on July 17 off Long Island killing 230 passengers, but already plaintiffs' lawyers have filed 23 multimillion-dollar lawsuits against Boeing and TWA ify Don
      NYT; FILE PHOTO  -  1,181 words
    • 470 24 PAGE East M'sia 2 AEIOcean 16 E,hw Mn 6 m 14 EuroHansa 6 AFTShpg 14 Ewgreen 6 ANl 3 FL-Bright 9 AN* 16 f»* '5 II Accord 8 9 Fimous 7 Ahrenkiel 4 firm** 14 Appenship 4 FoongSun 8 Astro 3 FroU 8
      470 words
    • 11396 32 EXPORT I FTi r T A Ariw»rti«»r U«.^ ETA ETA Advertiser v«s* Voya* Telephone ETA ETA Ves„, T j£*£' 1 Nufnb#f SIN Ocst (I Mjfw# NAPrt# Nurnow NumD«r SIN torn N MUmlm 03/01 24/01 Nedlloyd BUNCA OELIMA OH 65-221*989 A To ADELAIDE (ADL) 2007. r South Australia, Australia
      11,396 words
    • SHIPS IN PORT
      • 647 39 Vessel Voy No Barth Arrival Oapartnrt J"**" 1 P«t -1)M U«n Km 603* J06 Bt Afruat 12/96 JOI St 52/96 JOt aloiUHd* f BTDmiasjay 68/96 J01 *n*ide 2 M Fa Bam 22/96 J01 RU2 22 ***** JOI alongside 2/1800 8t P Tetor ***** JOI itongsK* 29.12/1300 Bt Pi|
        647 words
      • 1775 39 RECEIVING OF EXPORT FCL CONTAINERS ANO LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From Aci ciwtr 02a 3(vuoo u 21/15oo 21/1*51 nmo0 aci i*o> J2M 11/0500 nmoo 21/1*51 21/1100 21 21/1700 30/0*51 JO/WOO J 10/0700 Witt* 10/1400 4 30/1200 30/1459 30/1700 Ac* Lrrfotfer Oil*
        1,775 words
      • 121 39 Deo 31 Argentina Market holiday, Bank balance day. Austria Market holiday, New Year's Eve. Azerbaijan Market holiday. Solidarity Day. Belgium Market holiday, New Year's Eve. Bulgaria Market holiday, New Year's Eve. Costa Rica Market holiday, New Year's Eve. Denmark Market holiday, New Year's Eve. Ecuador Market holiday, New
        121 words
      • 837 39 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
        837 words
      • 437 39 CrtM WO Ha 910.6 U 17.0 0.12 64 0.00 Dec 19 OensKv Meter Hiitm tit twwfwue JttfmnNt above C2S 0 2 2 390 Ave 995.6 0.4 13.5 0.07 32 0.00 *22 390 Mo 999J L2 17.9 0.12 64 0J* WW »v/v tk/u M/M mt mtm* We
        437 words
    • AIR & LAND TRANSPORT NEWS
      • 447 40 Top 5 producers will find it tough to meet sales targets set, say analysts Reuter [TOKYO] Japan's car makers have set rosy targets for 1997, but industry analysts say that just means a fierce sales battle compounded by a feeble economic
        Reuter  -  447 words
      • 246 40 But price wars may knock out some players next year Reuter [MANILA] Philippine car sales are expected to remain buoyant in 1997 as the economy grows, but intense competition and price wars could drive some manufacturers out of the market, industry officials said
        Reuter  -  246 words
      • 338 40 AFP [WASHINGTON] President Bill Clinton used his radio address on Saturday to promote a government plan that would prevent car air bags from killing children and small adults. Under the proposal unveiled by the Transportation Department last month, car makers would be allowed
        AFP; FILE PHOTO  -  338 words
      • 91 40 Bloomberg Business News {WASHINGTON] Comsat €orp won a US$lOO million (Ssl4o million) contract from the Federal Aviation Administration to provide satellite services for new airline navigation technology. Comsat Mobile Communications will provide services for the satellite-based navigation system known as the Wide Area Augmentation System
        Bloomberg Business News  -  91 words
      • 187 40 AFP [SHANGHAI] China's largest bank has extended a 500 million yuan (5583.5 million) loan to builders of an airport in Shanghai's Pudong New Area, a newspaper reported here. The Pudong branch of the Industrial and Commercial Bank of China extended
        AFP  -  187 words
      • 218 40 Record I.oBm vehicles exported in first 11 months AFP [SEOUL) South Korea's auto exports surpassed one million vehicles in first 11 months of 19% to make it the world's fifth largest auto exporter, the Korea Auto Manufacturers' Association (Kama) said. Cumulative shipments
        AFP  -  218 words
      • 55 40 [TAMPA, Florida) Rescue team members attending to victims of a pileup on the Skyway bridge, which runs for about 25 kilometres across the mouth of Tampa Bay from St Petersburg to Sarasota, Florida. One person was killed and 26people were injured when dozens of cars crashed
        REUTER  -  55 words
      • 210 40 AFP [NEW DELHI) India's stateowned national domestic airline, Indian Airlines, needs a cash injection of around US$26O million (***** million) over the next five years if it is to remain competitive, an expert panel has reported. The committee, headed by Vikjay Kelkar,
        AFP  -  210 words
      • 256 40 AFP [NEW DELHI] A judge investigating last month's collision between a Saudi jumbo jet and a Kazakh airliner which left 349 people dead, has agreed the aircraft black boxes should be decyphered abroad, a newspaper said yesterday. The Indian Express said Judge R
        AFP  -  256 words
      • LOG Book
        • 69 40 AFP [BEIJING] China has opened its US$B2.5 million (*****.5 million) Three Gorges airport to boost work on the ambitious hyrdo-electric power dam and kickstart the local economy, the official Xinhua news agency reported yesterday. The inaugural flight took off for Beijing on Saturday, and
          AFP  -  69 words
        • 71 40 Reuter [SHANGHAI] A joint venture between Volkswagen AG and Shanghai Automobile Industrial Corp reached its 1996 production target 0f200,000 Santana cars, the Liberation Daily reported yesterday. The joint venture produced 160,000 Santanas in 1995. Santanas account for more than 50 per cent of
          Reuter  -  71 words
        • 66 40 Reuter [KUWAIT] The state-owned Kuwait Airways Corp (KAC) has increased its fares to all destinations by 3 per cent due to a rise jet fuel prices. The official Kuwait News Agency reported last week: "KAC said today (Wednesday) it had adopted a 3 per cent
          Reuter  -  66 words
        • 84 40 AFP [SHANGHAI] Work on the first phase of Shanghai's 96km outer ring road will start in the new year, a newspaper said last week. The Wen Hui Bao daily reported that mayor Xu Kuangdi said that the first phase of the ring road stretching 35.65 km
          AFP  -  84 words
      • 1663 40 CITY FLIGHT ETA FLIGHT ETD Abu Dhabi S0441 1S35 Helsinki AY37 1850 AY38 2135 Adelaide S0230 1815 $0229 2220 Hiroshima S0977 1720 $0978 0145 RJ188 1325 Ho Chi Mlnh VM741 1310 VN742 0825 S0T71 1420 S0172 0930 Amsterdam KL843 0550 KL834 0025 ***** J905 VH740 1410
        1,663 words
  • Page 23 Advertisements
    • 15 23 TWA flight 800 crash: court battles begin Legal scramble to assign blame starts. Page 2
      15 words
    • 87 23 ASIA/AUSTRALIA* RO-RO SERVICE 11 NEW MONTHLY RO-RO SERVICE FROM PORT KELANG AND SINGAPORE TO AUSTRALIAN MAIN PORTS _Jt j*'■ oMHf *> H/'A -TH Hr wJH > il IjIH JBfc aHI i\ "J' VMT Ist Sailing MV ASIAN VICTORY V 39 Loading: Port Kelang 7th Jan 1997 Loading: Singapore Bth Jan
      87 words
    • 16 23 Fierce battle among Japan car makers forecast Sales targets will be hard to meet: analysts. BackPage
      16 words

  • Page 24 Advertisements
    • 185 24 5 NYK LINE 1993 (S) PTE LTD MALAYSIA INDONESIA MHMjHHpJpi TEI *****23 NYK AGENCIES iMI SON BHD PT PtLAYARAN PUSAKA AJIBAYU FAX *****56 (MKTGI *****09 (OPS) KIJAI A LUMPUR 02 03-*****6617 1 INESI JAKARTA (021) *****12 (10 LINES) XV JL MIL USE *****85 (DOCUMENTATION) PORT KEIANG 02 03-*****15 (6 LINES)
      185 words
    • 13 24 EXPRESS OCEAN LINES SINGAPORE SINGAPORE COLOMBO FCL/LCL FREIGHT COLLECT AND PREPAID ARE WELCOME
      13 words
    • 7 24 Singapore Business Giving you the winning edge
      7 words
    • 216 24 L** B services represented fejtt9nV by Members at tie Registry ot Accredited Shipping Agents. S'pore National Shipping Assoc 4NRk U Members o< me SjUuEy Singapore Freight Forwarders Association. Asia. Shipping Times Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 TT* ~W]T
      216 words

  • Page 25 Advertisements
    • 112 25 W> MQEs fife Mitsui OS K Lines Ltd FULL CONTAINER SINGAPORE: MITSUI OSK LINES (SINGAPORE) PTE LTD ADMIN/OPERATION *****1 1 TLX R*****1 MOLINE MARKETING *****86 FAX *****73 USA SERVICE *****03 FREIGHT DOCUMENTATION *****98 PSA PPW (GDN P4) *****92, *****82 CFS GODOWN *****60 KEPPEL DISTRIPARK 515 #01-1 17 MALAYSIA: MITSUI OSK
      112 words
    • 2359 25 0 HANJIN SHIPPING USA CANADA* |m«mm/voY oam~ sm sa |ro»|nw |w|(n|Dn|ooi[M|wi woi oos nyc |o» w|ml w I m I yk>~"| H. SAM ftAWOSCO 00H 01/01 02/01 23/01 ~2S/oT~ 14/01 24/01 24/01 20/01 2S/01 ~M/01 71/01 70/01 ~a/oi~ >1/0) 21/01 25/01 21/01 21/01 20/01 27/01 KsamiQ44i 00/oi w/oi 30/01 01/02
      2,359 words

  • Page 26 Advertisements
    • 964 26 ffT DSR-SENA TOR mSfc Round the World Container Services > TO UK/CONTINENT FROM UK/CONTINENT Ivtssa Ivor law I ww I wv I mm« I fu wn mTl vtssti |wy luw I htm m* VLLEOMUMIUS WG7(J *11 M HZ L'.j 12 ta il It 11 1111 1*11 HANJM FtUXSTOWE «M7«J 31.11
      964 words
    • 1175 26 NORASIA FIXED DAY WEEKLY DIRECT CALL TO GENOA BARCELONA WITH FAST TRANSIT TIME FOR MORE DETAILS/BOOKING CONTACT:- DORIS PATRICIA SINGAPORE NSA SHIPPING PTE LTD ALSO ACCEPTING LCL TO: T*L: *****83 FAX; *****80 CR NO. **********0 C VENK*/TWMT€/ANCONA/ALEXANDWA/PORT THA&AND p« AO£NC«COLTp TtL *82 *****88 SAIO/PIRAEUS/MALTA/BARCELONA 1 VALENCIA INDONESIA PT HALUAN BELATAM
      1,175 words
    • 444 26 Direct Container Service to Fangcheng Zhanjiang Vessel S'pore Fangcheng Zhanjiang UANBAO 04/01 09/01 11/01 1-77- A/Q/?TRANS CONVENTIONAL SERVICE TO THAILAND AND MALAYSIA BREAKBULK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PRIORITY BERTHS Asia Express V.3AA SAILED 31-31/12 01-03/01 Asia Express V.39A 06-08/01 ID-19/01 11-12/01 IMS/01 Asia Express V.4OA 19-21/01
      444 words

  • Page 27 Advertisements
    • 1428 27 STRAITS SHIPPING PTE LTD jW/d 10 Hoe Chiang Road #11-01 Keppel Towers MSingapore *****5 Tel: *****88 Fax: *****17 SABAH BRUNEI CONVENTIONAL SERVICE HO CHI MINH FULL CONTAINER SERVICE vtssa ~vot |in mua vtssa voy sm (sat) mna»mxs) SmmSTM VH3OI I 31/1? 04/01 05/01 OflliHT KAXAJIOV WOIM 04/01 07/01 STMITSHOK V
      1,428 words
    • 885 27 J> COS CO HINA OM AINI R I IM R M RVK I IMIH )K1 I \l'( >R I i•.K? \MH i K I im KM K\l« I W W w T x w W -r BKGS *****27 INVVARD ***** C? 13 CHOi YANG LlNEE:;E£""''''''•• keiqhei CS^^^^E3I^HI!^^^BE3BB^E^B^BCEC^3^3DI I rJnjn' Mjß
      885 words

  • Page 28 Advertisements
    • 1255 28 EUROPEAJK/SCANOINAVIA/FINLANO/RUSSIA fSGP~l RDM ANW HBG TOP ZH LHV IHV TOP ROM ANW HBG PKL SOP E. RESULT RVK-t11 2W1 WB1 2*01 27£ JSSJ 2E f ££."22. 01/12 EC! S2! SI* E ROYAL RW-029 11/91 31/01 83/02 04/02 05/02 E. GARDEN RE-OU 13/12 11/12 14/12 15/12 IM1 E REFINE RW 009
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    • 1043 28 I VESSEL VOYAGE SGP DUO A8U DOM SAN KWT 8A8 VESSEL VOYAGE DUO AMI DOM IAN SGP IJNOMMO *****79* 02/01 IS/01 11/01 17/01 IVOI IVOI IM CORONA *****34E 72/12 2VI2 24/12 2VI2 04/01 I UNI (ONCE*! 0437 031W 00/01 10/01 20/01 71/01 22/01 20/DI JO/OI UNI CHANT *****3SE 21/12 30/12
      1,043 words
    • 664 28 /CZ NANTAI LINE FULLY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA EAST COAST SOUTH AMERICA Vtssa I VOT I SM I rm I QUI I CPT QUI I MVB 1 W06 SS2-; A VESSEL QIIS 11/01 IVOI 19/11 02/02 04/02 07/0? OMR I QMWUBOIS PITS IS/01 HD1 "j/oT IS/W I7AI2 Km
      664 words

  • Page 29 Advertisements
    • 711 29 i BSfl ii. I mm, MYANMA \BBMk FIVE STAR UNE i (Myoomr National Lino) P Loadiig (or Yoogon (Ronfloon) msa vot sm kg p« pgu NfiAM JMW SIR AW 138W 01/01 MUYSIA A6om: MUSTUO SMPPW6 AGfMCKS «L TH 01-03-1417)00 HL Ttt 01-0M*****1 re 01-04-*****01 KO: TH 01-07-*****11/4 BANK LINE (A
      711 words
    • 1173 29 A HYUNDAI MERCHANT MARINE CO. LTD, WESTBOUND TO EUROPE BKG; *****32 rm I m I P6O I vtssii w I a I uh j bi 1 wi I hi I wii w 11/11 01/01 04/01 HT. WGHNtSS JOJW OS/11 11/01 M/ 01 15/01 15/01 15/01 I M/ 01 09/01 00/01
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    • 458 29 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT UNE: *****33 (30 UNES) BARCELONA/SPAIN 03/01 LEHAVRE/FRANCE 04/01 MARSEILLE/FRANCE 03/01 HAMBURG/BREMEN 03/01 GENOA/ITALY 01/01 ANTWERP/BELGIUM 03/01 GOTHENBURG/SCAN 03/01 ROTTERDAM 03/12 AARHUS/COPENHAGEN 03/01 FELIXSTOWE/UK 06/01 LOS ANGELES/WC/IPI 03/01 SYDNEY/MELBOURNE 02/01 NEW YORK/EC 03/01 FREMANTLE/ADELAIDE 01/01 VANCOUVER 01/01 BRISBANE 31/12 TORONTO/MONTREAL
      458 words

  • Page 30 Advertisements
    • 605 30 I (Regional Container Lines ■ml j\a I cr no **********0E JAKARTA P E N A N G I BANGKOK ™™jSS| I ggggg| jjg| jjgg ryzm iti r i'-ib H [■■W'iVy j lIV.';'I I 1 H 1 111 '1 1 IB II 1 m 111 ill I■! I 1■! II I
      605 words
    • 1077 30 WN?BoM/o5m5oHO MKV1C1 HWAPOM/ CAIXUTBTSSVIQI V—L VOT SIN CTO IviSSIL VOY UN I CCU STAMfOkD T09 IWEO [01/01 MON 106/01 BuOtK SPUING 269CNS WED 01/01 TUE |07/01 CONSISTENCE 336 SAT 04/01 THU 09/01 BxOU« SINGAPORE 1 232 TUE 07/01 SUN 11/01 PAFU 007 I THU 109/01 |wtD 13/01 BwQTSE 324 SUN
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  • Page 31 Advertisements
    • 501 31 Weekly LCL A FCL rili»lfl#l 1 Services to Caribbean hipping A Central America MAStSK NTMMtK SEAVIGOH 9702 004E Port Country 05/01 12/01 Belize City Belize 08/02 15/02 Bridgetown Barbados /02 18/02 Cartagena Colombia 10/02 17/02 Castries St. Lucia 10/02 17/02 Fort de France Mortiniqoe 11/02 18/02 Freeport Bahamas 06/02 13/02
      501 words
    • 899 31 PACIFIC INTERNATIONAL LINES (PTE) LTD jSgfeSaS" 140 Cecil Street, #03-00 PIL Building, Singapore *****0. j CR NO **********06 |vt«a VOT ntc SIN syp n am. fit pig siTl 159 H/12 MZIL m -L2ZJ IAZI MZJ 2ZZJ mJ_ ICQTA HABTA HTAO3S 5. 6/1 1M 25.! 23.! 27/1 3/2 Li liaisr a...
      899 words
    • 819 31 |CR WO: **********0Z VFSSPi s VQY SIN DAMIETTA LE HAVRE HAMBURG ROTTERDAM THAMESPORT ANTWERP VILLE D AQUARIUS UIBW 31/12 12/01 21/01 22/01 25/01 24/01 27/01 VILLE OAOCNLA AIBW 06/01 17/01 26/01 27/01 29/01 30/01 31/01 VILLE DC CARINA CIBW 13/01 24/011 02/02 03/02 06/02 06/02 07/02 VILLE D€ SAGTTTA SIBW
      819 words



  • Page 34 Advertisements
    • 665 34 44 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CP NO: **********0M£5T REG NO: M2-0D1739M) K TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****16/7/8/9 W Tf MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****256 INDONESIA: P.T. K" UNE (INDONESIA), TEL: JKT *****08 We
      665 words
    • 502 34 mmm ISLAND LINE PTE LTD mWW SubsJdhry of H* Sm Hop Group 200 CANTONMENT ROAD #09-02 SOUTMPOMl S'f0M 01*7*3 Mmm m. 32*4340 fax: sn«Mi TU: IS 220*1 ft 15 20*72 INTRA-ASIA container service TO INDONESIA "vtssn Tvor [~hn |*T rvissa P$* P« [vtssn dot l mi I kw SEMTOSA1AYA TwT~
      502 words
    • 227 34 T P.I FWUSAHAAN PBAfARAN W KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/PALEMBANG Vmml Voy ETA/ETO DESTINATION RACHMANUELI 15/96 02/03 J«a Jakarta/PaUmbang RACHMANUEL 111 1/07 04/05 lea Jakarta/Palembong RACHMANUEL II 1/07 01/09 Jea Jakorta/Palembong RACHMANUEL I 1/97 11/12 im Jakarta/Palembong SURABAYA/PANJANG NIAGA 02/03 Jea S«r»b»»l/P»n|»*g CARAKA JATA NIAGA 03/04 Jea Pa«|a*g/Sirab«ya PERAWAN/DUMAI/JAMBI/rBARU
      227 words
    • 1270 34 ■njri MHMNS LJNIE QQ2SI TWICE WEEKLY EVERY THURSDAY/SUNDAY H2222J ARRIVAL FIXED DAY-MONDAY VESSEL VOY I SM I HTM HAM FXT LB» AM HFA VESSEL VOT lEH FXT HAM AW HFA SM MING GLORY A652W |0201 I 2SOI 23/01 2201 2701 MING MOON A645E SID SLO SU) SLO SLD 31/12 NUMBER
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  • Page 35 Advertisements
    • 607 35 I VESSEL VOY MAA SIN I TIGER WAVE 496N 01-02/01 07-11/01 16-17/01 1 TIGER ISLAND 497N 10-14/01 19-20AJ1 I TIGER BRIDGE 498N 09-10/01 15-19/01 24 25/01 1 TIGER BAY 499N 12-13/01 17-21/01 26-27A)1 1 TIGER WAVE 500N 15-16/01 20-24/01 29-30/01 I TIGER ISLAND 501 19-20/01 24-28/01 02-0301 CAL SIN TIGER
      607 words
    • 426 35 Sea K Land YEAR END LOADER U.S.A. BRIGIT MSK V.9702 ETA SIN ETD SIN 29 DEC '96 30 DEC '96 CALL BOOKING HOTLINE TEL: *****33 NOW! SINGAPORE MALAYSIA INDONESIA MAINLINE *****22 KUALA LUMPUR 03-*****28 BANDUNG 022-*****5 CUSTOMER SVC(IN) *****00 PORT KLANG 03-*****08 BELAWAN 061-*****3 CUSTOMER SVC(OUT) *****33 PENANG 04-*****90 JAKARTA
      426 words
    • 1603 35 SEASOM S greetings NSwife Tr,r,r mm CR **********0R I M SINGAPORE PHONE (GENERAL) *****69 RATE ENQUIRIES WW— CFS (RHONE) *****10 CFS (FAX) *****23 TO EUROPE EVERY THUWS/FWI/BAT LA SEINE /5526 02/01 03/01 25/01 23/01 24/01 21/01 OOCL BRITAIN /1526 03/01 24/01 25/01 19/01 20/01 21/01 OANUBE /3526 04/01 20/01 21/01
      1,603 words

  • Page 36 Advertisements
    • 792 36 —w SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****08 (OUTWARO) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGSCALL DIRECT LINE: *****41/43 J£SSIC»/CELIA/*UDBEY [2222****** 7 slgs/week QEB3EI 3 slgs/week I VESSEL [VOY Jsm TJAK I VESSEL |VOY SIN SUR MAERSKNARA 9701 iNPT
      792 words
    • 477 36 HOEGH_p lines HARPERS SHIPPING (S) PTE LTD PT HARPUL HOEGH LINES HARTRA HOEGH SDN BHD 70 ANSON ROAD *17-00 INDONESIA P KEIANG *****08 APEX TOWER SINGAPORE JAKARTA PENANG *****5 TEL: *****88 FAX: *****76 TEL: 62-21-*****72/73 J. BAMRU *****0 PPW PT6 GOOOWN OFFICE: *****75 FAX: 62-21-*****17 K KINABAIU 088 ***** SIM
      477 words
    • 365 36 9. Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN I VESSEL VOY I SIN BOM TRADE FAST TFSI7S 03/01 11/01 MEKHANIK KURAKO MK27N 07/01 15/01 KOTACAHAYA CAHI73 15/01 23/01 VANESSA 14* 19/01 28/01 i MM HYIQHEVSK SERVICE VESSEL VOY SPORE ILYCHEVSK EVER GUARD 0141-060W 31/12 27/01 NUOVA TRIESTIE
      365 words

  • Page 37 Advertisements
    • 189 37 JUL Mediterranean Shipping Company S.A I sc II l I.COM VIM USI KM( i; I lIKOI (.110l I I III; \>OKI l> I i y^ 1 m I I EESM K3SJK3mB!3nBMJiEBBinMI I i ■■Igi-afcft: M Xi U. J ■■i m' ■blx2B WiildßI Bl'iijJlßL^'ißM-* M i"'?" 11 ni' in I I
      189 words
    • 1551 37 Ivissa IsMtfl rime ratmr mm sou m» W RqU_BL_| Iff" l* 6 I HMM I—\ M I KTT 1 HOP Mil TTO 0(1 HfTAW 152* 0101 Mil' 0141 21j01 KOI KOI I'.Ol MD. HONGRONG ISM 30.1 31.1? o*4l 0741 QUI NJI KiSmUK ISM 0441 M4P 0141 KOI 21.01 HOI MjOI
      1,551 words

  • Page 38 Advertisements
    • 594 38 Z^X 7 y>"i SINO EXPRESS SHIPPING (PTE) LTD. I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m TEL: *****90 (4 LINES) FAX: *****9S TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VESSEU/VOY ETA SIM ETAHKG ETA SHA W/T HKG: Bei|iao y Chiwan r~rr TTTivi Fangcheng,
      594 words
    • 511 38 am MAC-NELS S'PORE- M'SIA Carrier: MN CONTR LINES, INC I\ /V~ I cm NO. **********0E SBU: (084) *****9 MANILA: (632) *****61 V/ X J PENANG (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG. (03) *****77 JKT (21) *****07 HON: (61) *****3 KUCHRKfc (062) *****3 HONGKONG SYDNEY/MELBOURNE "NED EUROPA"
      511 words
    • 434 38 ifISNNMiMMfc [Spore P.Keiang Loading For JOSHUA SLD 31/12 RdnVAtw/UK/Nan AGHIOS MIMAS 07/01 10/01 RdnVAtw/UK/Nan I CENTAURUS 2(V01 28/01 RdnVAtw/UK/Nan I Loading tor ORKUN KALKAVAN Hodeidah/Jeddah/Aqada/Pt Said I KASIF KALKAVAN Italy/Aqaba/Pt Said/Tripoli PAN CRYSTAL Duba»/ADhab»/DammarVKLiwait f SAMMI FRONTIER Dubai/ADhabi/Damman/Kuwait/J«ddah HERAKLES Hodewlah/JeddafVAqaba APIL Dubai/Damman/Kuwait/Bahrain 1 'Loads Singapore, E-/W Malaysia Indonesia j I
      434 words

  • Page 39 Advertisements
  • Page 39 Miscellaneous
    • 119 39 MIMSSS? M :^v LEGEND. T^^/ C in tow. V Sky Wo., h^,. SuHoc* wind* or* indicated by arrow* which fly with the wind One tut circle represent* calm or light ond variable wind* I One hoff Heche represent* 5 knots I—» One tut Heche repiesents 10 knot* 1 One soM
      119 words