The Business Times, 23 January 1997

Microfilm: NL20757
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 Internet: http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, JANUARY 23,1997 sr>c
    13 words
  • Article
    MARKET SUMMARY
    44 1 D MM (-10.78) Qmb ma ma hod ntroov Mtnue (-7.17) PI ST MA EJ MOOT (+5.99) M ■AIXETMOOD: SI Up T 11 n«awj!35i5-^mS NIKKEI IMttM *Mk7t HJUKWCNG UiM.7t MM M7» ■Awuqow -jwulULAM TAIfWF! 7JML77 >».7» «MM1IINAB__l,l7t.wZr>l4»l inr aiaoid iujj *u wm MiSS—SS
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  • Article
    FINANCE
    68 1 ua 8t CSI I.4M 1I UNI UK M MM IMS j YKHIM-. IM LfM I MS •.402 IW nks tin ua RAW IM 0.066 i RUflAHIM IMS 0.060 i fflWATORE* .144 KUALA LfflfPUR Mi JAKARTA l&M •MOKOK IIS MMA !SJt HQWOKONO JlM TABU IA smet IN TOKYD 1M 8B0UL
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  • Article, Illustration
    Lock icon CSH closes first trading day at 77% premium
    498 1  -  IWiwting fW'fwUMfflCT could set stage for other debntantes Long By. Ang Wan May [SINGAPORE] A huge wave of stagging yesterday lifted the price of debutante Chuan Soon Huat Holdings (CSH) to a dazzling intra-day high of 63.5 cents, 81.4 per cent above
    ARTHUR LEE  -  498 words
  • Article
    Lock icon Dow's early fall pulls Europe shares from record levels
    371 1 European markets soar initially on Reuter [LONDON] A steep early slide on Wall Street dragged European equities from the record levels 1 they hit yesterday morning, spurred on by US Federal Reserve chairman Alan Greenspan's comments on the US economy the
    Reuter  -  371 words
  • Article
    Lock icon Engaging Mr Greenspan
    189 1 Reuter [WASHINGTON] When Alan Greenspan buys diamonds and gold, should you too? "Dr Greenspan, I understand you have recently invested in diamonds," said Senator Pete Domenici just before Federal Reserve chairman Alan Greenspan testified about the economy to the Senate Budget Committee on Tuesday, Mr Domenici was
    Reuter  -  189 words
  • Article
    HDB resale flat volume hit record last year
    512 1  -  Surprise 17% jump comes amid stagnant valuations in last quarter By, Abdul Hadhi [SINGAPORE] HDB resale flat volume reached 39,079 last year despite a slightly weak last quarter, surpassing 1995's record volume of 33,462 by 17 per cent. And the figures from
    512 words
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      Page 1 Advertisements Column 1
      114 1 UllilDß I tHI -Mis —I Joseph Gondobintoro, the white knight of bankrupt i video tape maker EML, is suedby theHKarmof the now deAinct Bank of Credit Commerce Intl. ■However, die case is not expected to have any bearing on his bid to take {over EMU F|lS iBBWgYALPB *ara fhiw at,
      114 words
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      Page 1 Advertisements Column 2
      20 1 Nlkkai —if on possible cut in securities tax, Pg 8 Gold falls on talk of central bank sales, Pg 9
      20 words
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      Page 1 Advertisements Column 3
      36 1 81% hang Kee shares for small investors, Pg 14 1 -iM Centenary whatever the Visit Alfred Dunhill of Raffles Hotel Arcade, The Paragon, Ngee Ann City, Sogo Raffles City, Daimoru Liang Court and leodlng watch retailers
      36 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Business spending by media industry up 51%
      491 2  -  Broadcasters, online service providers biggest spenders as a group last year By' Toh Han Shih TOTAL business spending by Singapore's communications and media industry grew 51 per cent to $400 million in 1996, the Economic Development Board (EDB) revealed at a sectoral briefing
      491 words
    • Article
      Sale of Cuppage Centre offices in Q2
      340 2  -  Pidemco to launch the redeveloped offices at $l,«00-$l,800psf By Tan Su Yen PIDEMCO Land will launch strata-titled offices in the redeveloped Cuppage Centre in the second quarter of this year. Prices will range from $1,600 to $1,800 per square foot. But property analysts
      340 words
    • Article
      ESPN-Star venture to employ 250
      153 2 ESPN Star Sports, the joint venture between ESPN and Star Sports formed on Nov 22, will have a total staff of about 250 in Singapore by the end of this year, said its managing director Alexander Brown yesterday at the Economic Development Board sectoral briefing
      153 words
    • Article, Illustration
      Lock icon Beaching for the stars
      67 2 FANS crowding behind barricades along Orchard Road yesterday, hoping for a glimpse of Hollywood heroes Sylvester Stallone, Bruce Willis and Jean-Claude van Damme and Hongkong celebrity Jackie Chan. The event The gala opening of theme restaurant Planet Hollywood at Liat Towers. A highlight of the evening
      ARTHUR LEE  -  67 words
    • Article, Illustration
      Lock icon Petrochem industry faces gloomy future, says expert
      450 2  -  Rising feedstock cost, excess capacity hit producers By i Siow Li Sen THE current difficulties of the petrochemical industry is not likely to be over any time soon and the outlook for the next few years continues to be gloomy, said a senior
      Source: PCS  -  450 words
    • Article, Illustration
      Lock icon Nov progress payments up 9%
      289 2  -  E7E ON THE ECONOMY Construction By\ Diana Oon PROGRESS payments to construction companies for ongoing contracts amounted to $1.22 billion in November last year, according to preliminary figures from the Construction Industry Development Board (CIDB). This was about 9 per cent higher than the volume
      ALLAN  -  289 words
    • Article
      Lock icon BG Lee, Yock Suan suing WP's Tang for defamation
      364 2 The Straits Times DEPUTY Prime Minister Lee Hsien Loong and Education Minister Lee Yock Suan are suing defeated Workers' Party candidate Tang Liang Hong for allegedly defaming them in a police report on Jan 1. They gave notice of their legal
      The Straits Times  -  364 words
    • Article
      Life science venture firm formed in S'pore
      284 2 A FORMER executive of pharmaceuticals group Glaxo Holdings has formed an international life science venture development company in Singapore to manage over US$lOO million (SSI4O million) in venture assets. In a briefing yesterday, AM Pappas Associates (AMP&A) founder and chief executive Arthur Pappas
      284 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      182 2 I desire only the best. So tell me, where can I acquire an Audemars Piguet? -H- V V' The Carnegie. Hand-winding ultra-thin movement (2mm). White gold case and bracelet. Dial and bracelet iet with diamonds. Indexes in emerald. (Gents: ***** BC 8033 BC Ladies: ***** BC 9062 BQ Cortina, naturally.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      270 3 Centennial o w ft Bold, Distinctive and Inspiring is how some would the spectacular works of Roy Lichtenstein, Frank Stella, JJJ JJJ JJ"ensures a quality finish unique in Singapore and its describe the art of Roy Lichtenstein. Yet these are attributes James Rosenquist Dale Chihuly specially commissioned JJJ JJJ JJJ
      270 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Rents under pressure
      541 4  -  East Coast condo supply will outstrip demand as more are completed: analysts By Diana Oon [SINGAPORE) Apartment owners renting out units in the East Coast, which includes the Tanjung Rhu condo projects, could be feeling some pressure as more projects in the area are completed, say property
      FILE PHOTO  -  541 words
    • Article
      Volume of housing deals up 18.7% in '96
      578 4  -  HDB upgraders make up rising proportion of sales, especially for non-landed units By, Agnes Wee (SINGAPORE] The number of private residential properties that changed hands last year was 18.7 per cent higher than in 1995, said a university don. Yu Lai Boon
      578 words
    • Article
      Well-designed buildings can cut energy bills
      224 4  -  By, Agnes Wee [SINGAPORE) Commercial and industrial buildings can save substantially on their energy bills if they practise energy management, says engineer Lee Eng Lock. Mr Lee, technical director of Supersymmetry Services which offers turnkey engineering contracting, retrofitting, clean rooms, energy audits, and advisory
      224 words
    • Article
      House Hunt
      1052 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Dec 23,1996 and Jan 18, 1997 PROJECT NAME/ PROP CONTRACT TENURE BULHV HKE PSF STREET NAM TYPE DATE LAND AREA* SOFT) (SStXXA 6$) District 15^ Costa Rhu Apt 12/11/96 99 2068
      1,052 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      689 4 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Ilong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      689 words
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      Page 4 Advertisements Column 2
      71 4 H£3ZJIIIinEI3i Freehold Development Site at If n r No. 9 Leicester Road /yixu* Site area ol 13,250 sf appro*. J7 Walking distance to future Sennett MRT $s^/ E Station. Easy accessibility via Central Expressway and Pan ,sland Expressway, t DGP plot ratio of 21 WU9 Closing date of tender. 28
      71 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Foreign buying powers Indon stock index to all-time high
      468 5  -  JAKARTA Rumours of interest rate cot-discounted by analysts-also help to fuel market %i S N Vasuki POWERED by strong foreign buying and rumours of an interest rate cut, the Jakarta Stock Exchange (JSX) Composite Index touched an all-time high yesterday. Though
      Source:  -  468 words
    • Article
      Lock icon Philippines to fully deregulate oil industry by Feb 8
      279 5 MANILA Bloomberg Business News PHILIPPINE President Fidel Ramos ordered the full deregulation of the oil industry by Feb 8, freeing Petron Corp and its rivals from two decades of government price controls. Mr Ramos moved ahead the deregulation of the industry
      Bloomberg Business News  -  279 words
    • Article
      Lock icon Manila to proceed with sale of water utility
      221 5 MANILA Judge refuses to stop privatisation of state-owned MWSS Bloomberg Business News A PHILIPPINE judge yesterday declined to halt the sale of state-owned Metropolitan Waterworks and Sewerage System (MWSS), allowing the government to proceed with one of the world's largest water utility
      Bloomberg Business News  -  221 words
    • Article
      Lock icon Indon minimum wage up
      217 5 JAKARTA AFP INDONESIAN authorities yesterday increased the monthly minimum wage for workers by an average of 10.1 per cent. Manpower Minister Abdul said: "The gbvernment has decided to increase the monthly minimum wage for workers for the whole of Indonesia by an average of 10.07 per
      AFP  -  217 words
    • Article, Illustration
      Sacked central banker back at Bank of Thailand
      334 5  -  BANGKOK Loh Hui Yin A YEAR after his controversial dismissal as a deputy governor of the central bank, Ekamol Khiriwat is now back at the Bank of Thailand, this time as a director of the influential board of governors. Finance Minister Amnuay
      334 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      98 5 |5^ n. j^S liSflEQnhftkSL PP u i i\[ i j" ifVM MliHßMflMilHßH^HPSi^H^E!!' ll^^^^^Q^H^lVr SZ9vr r 4 f ,<tf IA jji' jiiiLaMJW^iiiiPP'' >~ iftßff**® ORH X ,x n /P mmm IHMPMHHPHHH|H|^B r /^raf^H^^sggsg^ li ft 11 h v t \i VWll y Mf mIU if F i ofl lIU \#nS» WmM
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  • CHINA-HONKONG-TAIWAM
    • SINO Briefs
      • Article
        Lock icon HK shadow parliament to pick president
        63 7 AFP [HONGKONG] China's shadow parliament for Hongkong will select its president at its first meeting this weekend, reports said yesterday. The head of the 80-seat provisional legislature, whose members were chosen by a Chinese-appointed electoral body on Dec 21, will be selected on Saturday
        AFP  -  63 words
      • Article
        Lock icon Beijing tightens controls on honsing funds
        70 7 AFP [BEIJING] The Chinese government is to tighten controls on US$4.B billion (5t6.75 billion) set aside to rehouse one million people forced out of their homes by the giant Three Gorges Dam project, the official press said yesterday. The i Three Gorges Dam, which
        AFP  -  70 words
      • Article
        Lock icon Taiwan's anti-money laundering law
        77 7 AFP [TAIPEI] Taiwan la introducing an anti-monty laundering law from April 24 requiring financial institutions hare to check the identity of suspect clients before transactions go ahead, Justice Ministry officials said yesterday. The law was passed last October in line with the governments efforts to clamp
        AFP  -  77 words
    • Article
      Lock icon UK, US denounce China plans to cut HK civil rights
      351 7 LONDON US stops short of aUeglng violation of joint declaration on HE handover AFP BRITAIN and the US criticised China over plans to dilute civil rights in Hongkong after the territory's return to Chinese rule on July 1. The British
      AFP  -  351 words
    • Article
      Lock icon Tung will get a free hand to run HK: Jiang
      195 7 HONGKONG China's president says HE'S prosperity is beneficial to mainland AFP CHINESE President Jiang Zemin has personally assured Tung Chee-hwa, Hongkong's future chief, that the central government will not interfere with his work in running the territory after it returns
      AFP  -  195 words
    • Article
      Lock icon HK govt holds on to files of ex-immigration chief
      166 7 HONGKONG AFP THE Hongkong government yesterday refused to hand over secret files on a former immigration chief to a legislative panel investigating his controversial resignation. Amid a mounting scandal surrounding Laurence Leung, government chief secretary Anson Chan urged the legislative council
      AFP  -  166 words
    • Article, Illustration
      Beijing's new trade woes
      732 7  -  OHDriViTOB The state sector has not fared too well after most trade subsidies were ended last year By Lu Ning CHINA has set its trade target for this year—USs3lo billion (***** billion), or up 6.9 per cent from last year. The import and export target was
      732 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      160 7 For mof» information plaaaa contact G»n«v» Tim# Pt». Ud., Patak Philippa Dt*p'*y S*rvtca Cantra, Oapt B2SGPI, Goodwood Parte Hotal, Towaf Block. 22 Scottt Road. Smgapo** *****1 Tat(6s) *****06. fa* (AS) 737 0591 PF v bI I 1 I |i fl V I Bf E<ife» I P I B I B
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  • ASIA
    • Article
      Nikkei surges on possible cut in securities tax
      351 8  -  TOKYO Japanese premier promises a careful watch on stock price movements By, Anthony Rowley TOKYO stock prices rebounded sharply yesterday after a leading Japanese newspaper quoted comments by a senior finance ministry official suggesting that the controversial securities transaction tax would soon
      351 words
    • Article
      Lock icon Japan's recovery getting firmer: BOJ
      340 8 TOKYO Important that economic cycle of production strengthens further Reuter JAPAN'S economy is still recovering gradually and the recovery is becoming firmer. Bank of Japan (BOJ) governor Yasuo Matsushita said yesterday: "Our view has been that the economy is continuing to recover gradually, and at
      Reuter  -  340 words
    • Article, Illustration
      Lock icon Spreading flames of the forest
      58 8 [MELBOURNE] People relaxing on a beach watch as bush fires burn dangerously close to houses in the Melbourne suburb of Mount Martha on Monday. Fires have razed at least 28 homes, destroyed forests and forced the evacuation of hundreds ofpeople from their homes around a
      REUTER  -  58 words
    • Article
      Lock icon Seoul financial services reform body rules out drastic changes
      254 8 ■SEOUL Bloomberg Business News A SOUTH Korean presidential panel studying the financial services industry yesterday ruled out "drastic changes" and said it would propose 9hort-term reforms by March. But a spokesman refused to say what those reforms would entail. The 31-member
      Bloomberg Business News  -  254 words
    • Article
      Lock icon India, Sri Lanka sign investment treaty
      233 8 COLOMBO AFP INDIA and Sri Lanka yesterday signed an investment protection treaty in a bid to stimulate greater economic ties while sidestepping thorny bilateral political issues. India's External Affairs Minister Inder Kumar Gujral said the country was keen to promote greater trade between the
      AFP  -  233 words
    • Article
      Lock icon South Korean workers resume strikes
      315 8 SEOUL AFP THOUSANDS of South Korean j workers yesterday resumed nationwide strikes to pressure the government to repeal a controversial new labour law, a as politicians stepped up efforts to end the crisis. O The Korean Confederation of Trade Unions (KCTU), an J umbrella labour
      AFP  -  315 words
    • ASIA Notes
      • Article
        Lock icon Indian ex-ministers charged with bribery
        73 8 AFP [NEW DELHI] India's Central Bureau of Investigation yesterday charged an aide of former prime minister P V Narasimha Rao and two former ministers with helping to bribe four opposition members of parliament to save his government in 1993. It charged Bhajan Lai. a top
        AFP  -  73 words
      • Article
        Lock icon India to sell firms after market picks up
        79 8 Reuter [NEW DELHI] The Indian government will wait for stock prices to strengthen before launching a plan to sell more than US$l billion (591.4 billion) worth of shares in state-owned firms, Industry Minister Murasoli Maran said yesterday. "It depends upon the market
        Reuter  -  79 words
      • Article
        Lock icon 9% fall in Korean chip exports forecast
        85 8 Reuter [SEOUL] The Korea Semiconductor Industry Association yesterday forecast this year's semiconductor exports, excluding the assembly sector, would fall 9.1 per cent to US$lO billion (Ssl4 billion) from an estimated US$ll billion in 1996. It said the memory chip exports were expected to
        Reuter  -  85 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      54 8 Where to wine, dine and entertain A BRAND NEW SETTING 4 f 4^Hua Chinese Restaurant i -4 -v ;v .;vTO WELCOME THE NEW YEAR 10 Coleman Street (At St..Gregorys Place) Singapore *****9 Tel: u« 345« Fax: (S») jj» I Managed it Plaza Pacific Hotels a Resorts A Subsidiary of United
      54 words
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      Page 8 Advertisements Column 2
      130 8 PERKS FACT maul Totally Integrated I PERKS can be implemented in any company, in any industry and in any country. Straight out of the box-no customisation required. It handles complete leave records, stores all the employee no-compromise records, can be set up for exactly the way you maintain your payrollsoftware
      130 words
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  • THE WORLD
    • Article
      Lock icon Asia limits access to US securities firms: report
      415 9 WASHINGTON But barriers are coming down; HE, S'pore have fewest restrictions and China, M'sia the most Reuter ASIA'S developing countries are lowering barriers to foreign access of securities firms and investors, but are still denying them national treatment and market access, an
      Reuter  -  415 words
    • WORLD Watch
      • Article
        Lock icon Germany to out inounce taxes
        95 9 Reuter [BONN] Germany's ruling <»elition has struck a deal to if,; cut Income taxes under a major tax reform intended to take effect by 1999. Finance Minister Thao Waigel yesterday said the new rates would create "a real incentive for new jobe" for Germany's unemployment-bit
        Reuter  -  95 words
      • Article
        Lock icon EU to look into Boeing-Maipell merger
        79 9 AFP [BRUSSELS] The EU Commission is to probe the planned merger between the two US aircraft manuflKturers, Boeing and McDonnell-Douglas. Competition Commissioner Karel Van Miert yesterday said the European Union Commission had to examine the merger J|| in view of the sales figures arising
        AFP  -  79 words
      • Article
        Lock icon Gorbacbev urges Russia-Nato treaty
        76 9 AFP [MOSCOW] Former Soviet president Mikhail Gorbachev yesterday urged Russia and Nato to sign a treaty providing security guarantees for the whole ofEurope, and warned that Nato enlargement would alienate Moscow. In an article published in the popular daily ifcfostoesfcy Komsomolets, Mr Gorbachev said Russia and
        AFP  -  76 words
      • Article
        Lock icon Labour does not plan to revange BSO
        40 9 Reuter [LONDON] The Labour Party yesterday dewed it planned a major shake-up at the British Broadcasting Corporation if it comes to power at the upcoming election. "There are opposition party's National Heritage spok^araJack^
        Reuter  -  40 words
    • Article
      Lock icon Call for US campaign finance reform
      147 9 WASHINGTON AFP US President Bill Clinton started his second term with a call for "tough" campaign finance reform and a proposal to trim spending on health care for the elderly in a bid to reach a balanced budget by 2002. The president urged "tough"
      AFP  -  147 words
    • Article
      Lock icon US housing starts slow in December
      372 9 WASHINGTON Month's total dives 12.2% from Nov; 1996 full-year figure is strongest since 1988 Reuter CONSTRUCTION starts on new homes and apartments slowed sharply during December to the slowest rate in one-and-a-half years, the US Commerce Department said yesterday, ending a strong building year
      Reuter  -  372 words
    • Article, Illustration
      Lock icon Had cow disease hits Germany
      46 9 [BRAKEL, Germany,place] A vet giving a cow a lethal injection yesterday as experts from across Germany met to consider culling around 10,000 cattle originating from Britain after Officials confirmed the first case of mad cow disease in a German-born animal. REUTER
      REUTER  -  46 words
    • Article, Illustration
      Lock icon Gold falls on talk of central bank sales
      294 9  -  LONDON By) Neil Behrmann GOLD plunged through US$35O an ounce in London yesterday morning following massive rumoured central bank sales, said dealers. After touching U*****.70 an ounce in early morning London trade, the price revived to US$35l in late afternoon, but quotes
      Source:  -  294 words
    • Article
      Two Japan firms branded racist in landmark UK cases
      262 9  -  LONDON By. Neil Behrmann TWO Japanese companies were branded racist by UK industrial tribunals in landmark decisions this week that could bring about changes in Japanese labour policies in the UK, and possibly Europe. Backed by the UK Commission for Racial
      262 words
    • Article
      Lock icon US plans more active role in S Asia
      245 9 ISLAMABAD Reuter THE United States plans to focus renewed attention on South Asia in President Bill Clinton's second term, a US official said yesterday. "In the second Clinton administration we certainly expect that there will be further engagement with the South Asia
      Reuter  -  245 words
    • Article
      Lock icon Severe rebuke, fine for Gingrich
      272 9 WASHINGTON NYT THE US House of Representatives voted on Tuesday, 395-28, to reprimand Speaker Newt Gingrich and fine him US$3OO,OOO (*****.000), agreeing with its ethics committee that he had brought discredit on the House by using tax-ex-empt money to promote Republican goals and then giving
      NYT  -  272 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      99 9 We don't need credit We don't need a loan But we still need a bank Bankcri aren't the aort you'd expect to get excited about advertiaing. Not to long ago, banka believed running ada waa beneath them. Aa it turned out it waa behind them. Today, banks are among the
      99 words
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      Page 9 Advertisements Column 2
      188 9 uv ciuxclen/ (3m£ience/ C Come and experience sumptuous, mouthwatering fijpm English country fare. Chooee from a wide variety of IftkM garden fresh salads, airflown tender steaks, ocean fresh seafoods and other eateries befitting connoisseurs. Enjoy the wonderful garden ambience, truly a special rendezvous to wine and dine. FOSTERS CTlCSTWtaurant i
      188 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      More flexible currencies the way to go
      752 10  -  THE BOTTOM LIME OPINION By Vikram Khanna The writer is BT's regional economics editor THIS COULD be the year when the Malaysian ringgit, the Indonesian rupiah and the Thai baht start to wean themselves from the US dollar. The signs are already there.
      752 words
    • Article
      IN OTHER WORDS
      129 10 'Men here are still like little boys playing their pranks: they cheat on their wives, and then betray one lover for another. Adultery is still a national sport Mexico is still a complete cheat-fest' a journalist who specialises in Mexican mores and manners. Know why? People buy
      129 words
    • Article
      The legal order in Hongkong
      666 10 EDITORIAL WHY do China's plans to rearrange the legal order in Hongkong alter June raise so much ire? The US State Department spokesman Nicholas Burns says his government is deeply concerned Not to be outdone, the British government summoned China's ambassador in London to deliver
      666 words
    • Article, Illustration
      Lock icon Power to the investor
      1271 10 Fund managers like toactasif they know best bnt investors are gaining more say The Economist COMPARED WITH most financial concepts, tax-exempt mutual funds seem fairly uncomplicated. They invest in bonds exempt from America's income tax, such as those issued by local governments. That is not exactly
      The Economist  -  1,271 words
    • Article
      Robin Hoods of tax office deserve our support
      306 10  -  MAILBOX George Goh I AM a Singaporean aged 66 years and I am retired. My parents came from China with no money and they struggled to bring me up from utter poverty. I worked my way up to the profession of a
      306 words
    • Article
      WHAT THE OTHERS SAY
      502 10 OUllMgh«fci«hdf^^ THIS idea of Personal Security Accounts (PSAs), which would operate like IRAs or 401(k) plans, challenges the very basis of social security. PSAs are rooted in the shocking belief that most Americans are smart and responsible enough to take care of the bulk of their
      502 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      19 10 DOOMESBURY By Garry Trudeau II fIHSMJeHNGMVTTBN 'SSo^kloil^mi^Srr WkTVeKeN QUESTIONS tSPBRT DOI G£T7H£AIMX) fl OJ& V I OF POPSTEJ&JCe- Av*t*KON*Ut
      19 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      778 11 SINGAPORE BUSINESS Giving you the winning edge Where to wine, dine and entertain yft A Ramadan Taste Of Malaysia Date 10 January to 5 February 1997 Price Adult: Ss2B.oo+++ Child: S$ 18.00+++ Nightly from 6.30pm to 9.30pm For reservations, please call 731-7990 foot Terrace ii I O V A\ oowf
      778 words
    • Advertisement
      Page 11 Advertisements Column 2
      72 11 BKSGEST Dian Xin Restaurant At The Neptune >0^ on Shenton Way Dian Xin/Lunch I rd j 11.30am-2.30pm i n«pivm 7TH FLOOR. OVERSEAS UNION MOUSE. COIIYER QUAY. SINGAPORE *****1. TEL: 224 3922 witl^he^^ Enjoy our strolling minstrels' repertoire of evergreens, ballads and oldies Let Bobby and Tahir serenade you at your
      72 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      760 11 TV&RAPIO -V IOJO News 5 Tonight. 8.30 Festival Filem ICI Dulux: ILOO Silk Stalking Family Layar 12 Takdir Mari 130 PM TV Innovations. Values. DEBUNK r 130 The Winners. UAO MN Central Park West. 1030 Hirari (Japanese Dra- 10Q Money. Money, Money. AM The Outer Limits. ma/Eng. Subts). 190 Hot
      760 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      231 11 CRYPTIC CROSSWORD 1 Cold-hearted change causes ""iHB TIM 188 M HH dissension 9 Must Colin become a feature 5 10 Free-wheel down the Strand (5) lH IH 11 Roman coins have singular value (6) 1111! 1 I 1 i I 1 12 The measure of empire (8) lH 15 Leave
      231 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      New models to hit the road this year
      1463 12  -  The slew of new launches suggests it's a mixed bag with something for everyone, says chustophhrtait CHRISTOPHER TAN THE Year of the Ox may not see as many new model launches as 1996, but it will still have something for everyone. Firstly,
      1,463 words
    • Article, Illustration
      Lock icon Muster thanks computer after beating Goran
      743 12 AUSTRALIAN OPEN Hie Austrian will take on Pete Sampras in tomorrow's semi-final Reuter AFP [MELBOURNE] Austrian Thomas Muster's avant-garde approach to tennis involves throwing a medicine ball around for hours on end, using a longer racket, and strapping his recuperating body into a chair
      Reuter; AFP; REUTER  -  743 words
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  • COMPANIES & MARKETS
    • Article
      SIA says it may buy super jumbos from Airbus
      369 13  -  But the airline hopes Boeing will rethink its meve te scrap the hi* jet project By i Conrad Raj (SINGAPORE] Singapore Airlines warned yesterday it may have no choice but to buy super jumbos from the European consortium, Airbus Industrie, if
      369 words
    • Article
      Uraco MD quits; 3 execs replace him
      139 13 [SINGAPORE] Uraco Holdings managing director Lim Ee Ann will leave his position next month, and his place taken by three divisional managing directors. Mr Um is leaving to "pursue but shareholdefwlfiraiTffcfr SgftP stake, Uraco said yesterday. The group is restructuring its business into
      139 words
    • Article
      Aztech to raise $20m via share placement
      239 13  -  By Jennifer Lien (SINGAPORE] Aztech Systems will raise about $20.87 million through a private placement to repay bank borrowings. The company said yesterday that 36 million new shares, or 10 per cent of its capital, was being placed out at 59.5 cents apiece.
      239 words
    • Article
      Cycle & Carriage clarifies on price cut
      211 13  - Cycle Carriage clarifies on price cut LETTER TO THE EDITOR Cheah Kim Tech managing director Cycle Carriage I AM writing with regard to the article in Business Times yesterday: "Cycle Carriage cuts price by $20,000". We would like to register our disagreement with the choice of words used in the
      211 words
    • Article
      UOB l997 warrants may pose huge problem
      734 13  -  HOCK LOCK SIEW Catherine Ong THERE have been concerns that foreigners who hold United Overseas Bank warrants due June 1997 will find themselves in a bind because unlike the parent stock, the warrants were not issued in separate foreign and local tranches. What
      734 words
    • Article, Illustration
      Lock icon White knight sued but it's unlikely to affect EML bid
      514 13  -  HK arm of BOCI string Mnltilris and directors ova* settlement of loan By i Conrad Raj {SINGAPORE) Joseph Gondobintoro, the Singaporebased Indonesian white knight of bankrupt video tape manufacturer. Electro Magnetics (1992) Ltd (EML), is being sued by the Hongkong
      FILE PHOTO  -  514 words
    • REGIONAL COMPANIES
      • Article
        Li Ka-shing wins HK$11b project
        389 14  -  His consortium beats team linked to GSIC and Hong Leong group in MTRC package Frotni Quak Hiang Whai in Hongkong A PROPERTY consortium linked to the Government of Singapore Investment Corporation and the Hong Leong Group has toiled to win the tender for an HK)ll
        389 words
      • Article
        Amcorp to raise M$370m with bond issue
        254 14  -  From'. Ruth Wong in Kuala Lumpur DIVERSIFIED Arab-Malay-sian Corp Bhd (Amcorp) plans to embark on a cash-raising exercise via a Ms37o million (St3o7 million) 5 per cent redeemable unsecured bond issue with 07.29 million detachable warrants. At the same time, the group has
        254 words
      • Article
        61% Lung Kee shares for small investors
        259 14 (SINGAPORE] Lung Kee Metal Holdings has allotted more than half its public tranche of 10 million shares at 55 US cents apiece to small investors. Applicants who wanted up to 9,000 shares will get 61.4 per cent of its initial public offer, which
        259 words
      • Article
        Singatronics building is up for sale
        214 14 [SINGAPORE] Listed Singatronics has put up its purposebuilt factory building at Chai Chee for sale by tender. The local electronics group, which has been diversifying steadily into the regional hotel and property markets, is expected to net about $45 million from the nine-storey building.
        214 words
      • Article
        Thai phone operator TAC gets US$104m loan
        350 14  -  The facility from the USEximbankwillbe used for expansion From Loh Hai Yin in Bangkok SINGAPORE-LISTED Total Access Communication (TAC) yesterday received a US$lO4.B million (*****.7 million) loan from the Export-Import Bank of the US, giving the mobile telephone operator a source of cheap
        350 words
      • Article
        Lock icon GIC to take stake in Aussie real estate firm
        123 14 Bloomberg Business News (SYDNEY] The Singapore government investment arm will acquire a 9.4 per cent stake in Ipoh Ltd, an Australian real estate investment and management company controlled by Malaysian real estate company IGB Corp Berhad. Through Reco Park Pte Ltd,
        Bloomberg Business News  -  123 words
      • COMPANY Briefs
        • Article
          Lock icon Lum Chang completes Solarvest sale
          76 14 Reuter [SINGAPORE] Lum Chang Holdings Ltd has completed the divestment of a Ms 67 million (8187.9 million) Interest In Malaysia's Solarvest Sdn Bhd owned through two subsidiary companies. Lum Chang (M) Sdn Bhd and LC Development Ltd, to a wholly-owned subsidiary ofSime Darby Bhd. The
          Reuter  -  76 words
        • Article
          Infornatics in Indon frenchise
          39 14 [SINGAPORE] Informatics Holdings has entered Into a franchise agreement with Yayasan Boedihardjo Sastrohad i wirjo (YBS) to run the biggest Informatics computer training and education centre in Indonesia. TBS is part of the Boedihardjo group.
          39 words
        • Article
          FHTK ready trading starts on Monday
          52 14 [SINGAPORE] The Singapore stock exchange says "whan Issued" trading of FHTK Holdings Ltd's 866 million Shan* on the main board will cease and "ready" will begin on Jan 27. "When Issued" trades will have to be settled onFebB > also the first settlement date
          52 words
        • Article
          RDC acquires developer and bungalew
          48 14 [SINGAPORE] Resources Development Corporation Ltd's wholly-owned subsidiary, RDC Land Pte Ltd, has acquired the entire share capital of Lara Guan Development Pte Ltd and Its bungalow at No 10 Jalan Biial for 1541 million. The 1,076 sq metre freehold site will be redeveloped.
          48 words
        • Article
          Lock icon Hoog Leong Prop in development deal
          47 14 AFX-Asia {KUALA LUMPUR] Hong Leong Properties Bfad has signed an agreement with Putrajaya Holdings Sdn Bhd to jointly• X f develop certain parcels of land within the Putrajaya the bothpartiesfbr the formal isation of a joint venture. —AFX-Asia mW* ihrWW, 17-JiftWMm*
          AFX-Asia  -  47 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon SGS-Thomson's profit in 4th quarter drops 16%
        480 15 Income fall less than expected doe to cost cntting shares plunge in early Paris trading Bloomberg Business News [PARIS] SGS-Thomson Microelectronics NV, Europe's biggest semiconductor maker, yesterday said fourth-quarter net profit fell a less than expected 15.5 per cent as it cut costs
        Bloomberg Business News; Sorce: Bloomberg ALLAN  -  480 words
      • Article
        Lock icon Company to borrow US$436m for world's priciest shopping mall
        225 15 Bloomberg Business News [TAIPEI] Core Pacific Group will borrow US$436 million (*****.4 million) from the Taiwan government to build what it says will be the world's most expensive shopping mall in downtown Taipei. Core Pacific, one of the island's biggest securities
        Bloomberg Business News  -  225 words
      • Article
        Lock icon Texwinca issues denial
        117 15 AFP [HONGKONG] Hongkong-based retailer Texwinca Holdings Ltd 9 yesterday denied widespread newspaper reports here that it was soliciting the franchisees of a rival brand. 'I The Hongkong Economic Times and other newspapers report- ed on Tuesday that Chinese franchisees of Hongkong's leading I clothing retailer, Giordano International
        AFP  -  117 words
      • Article
        Lock icon Marubeni in US$2b power plant venture
        189 15 AFP [TOKYOI Japan's Marubeni Corp and Sithe Energies Inc of the US will invest US$2 billion (Ss2.B billion) to build some 50 power plants in Asia, as well as North and Latin America by 2000, a daily reported here yesterday. The Japanese trading house
        AFP  -  189 words
      • Article
        Lock icon Motorola takes stake in Internet access firm
        165 15 WorUOat* uses cable TV to link easterners to cyberspace Bloomberg Business News [SCHAUMBURG, Illinois] Mo- torola Inc said it bought a stake in World Gate Communiy cations Inc, which offers users access to the Internet over cable TV networks. The investment in Trevose,
        Bloomberg Business News  -  165 words
      • Article
        Lock icon Wheelock shares slump after block sale of 50m
        321 15 AFN (HONGKONG) Wheelock a conglomerate with shipping, property and retailing businesses fell as much as 5.42 per cent to HK522.70 after the family of Peter Woo, the conglomerate's former chairman, sold 50 million shares at HK522.80. The sale may raise concern Mr
        AFN  -  321 words
    • US CORPORATE RESULTS
      • Article, Illustration
        Lock icon Big Blue's net income rises 18% to US$2b
        505 17 sales help lift profit, lit lMmfpanm fflff fllgjtlllfls ii i.i IMF Reuter [NEW YORK] International Business Machines Corp on Tuesday reported higher fourth quarter profits, bolstered by its strong services and software sales, but some analysts were disappointed about sluggish mainframe sales
        Reuter; Source: Bloomberg  -  505 words
      • Article
        Lock icon Compaq earnings soar 43%
        321 17 Analysts surprised; company expects good growth this year Bloomberg Business News, Reuter Reuter l [HOUSTON] Compaq Comput- er Corp said fourth-quarter earnings rose 43 per cent far exceeding estimates, as in- creased sales of computers to t corporate customers and im- provements in operating effi- ciency
        Bloomberg Business News, Reuter; Reuter  -  321 words
      • Article
        Lock icon Exxon, Shell profits surge
        324 17 Higher oil prices offset tower earnmpirom r_« a-_i ii ijmmiim'mi uiwunnna Bloomberg Business News i [NEW YORK] Exxon Corp's J and Shell Oil Co's fourth-quar-s ter earnings surged on the strength of higher prices for S oil and natural gas. Higher oil i prices have helped
        Bloomberg Business News  -  324 words
      • Article
        Lock icon Earnings soar at Continental, Northwest
        115 17 Reuter [NEW YORK] Continental Airlines and Northwest Airlines Corp on Tuesday reported strong fourth-quarter profits as revenues improved despite intense competition and sharply higher fUel prices. Continental said profits rose to US$47 million (Ss66 million) from US$4l million in the 1995 fourth quarter. Earnings per
        Reuter  -  115 words
      • Article
        Lock icon Bells ring up resounding results
        393 17 Wave of demand for extra phone lines, Csmartphone services i lead to strong earnings Bloomberg Business News i [NEW YORK] Four regional Bell telephone companies have reported strong fourth- > quarter results, riding a wave 5 of demand for extra phone J lines, wireless phones
        Bloomberg Business News  -  393 words
      • Article, Illustration
        Lock icon Chester's strong Q4 makes it 2nd best year ever
        201 17 NYT [DETROIT] Brisk sales of Jeeps, pickup trucks and minivans allowed Chrysler Corp to announce unexpectedly strong fourth-quarter results on Tuesday that closed out the company's second-best year ever. Chrysler earned US$BO7 million (551.12 million), or US$l.l2 a share, in the
        NYT  -  201 words
      • Article
        Lock icon Travelers Group's 4th-quarter earnings jump 38%
        230 17 Bloomberg Business News [NEW YORK) Travelers Group Inc said fourth quarter earnings rose 38 per cent as profits increased at its Barney Inc securities brokerage and its insurance businesses. "It was a very strong quarter across the board," said Adam Klauber, an analyst at
        Bloomberg Business News  -  230 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Chase posts strong 4th-qtr earnings, meets forecasts
        310 18 Excluding costs of merger with Chemical, it earns USs9olm or DS$LB9* share Reuter [NEW YORK] Chase Manhattan Corp, one of the nation's two largest banking companies, on Tuesday reported healthy earnings gains in its fourth quarter, continuing the strong year-end trend among major
        Reuter  -  310 words
      • Article, Illustration
        Lock icon Chase to focus on three main activities in Asia
        418 18  -  Itey are: capital marked project finance, pte banking By\ Shiv Taneja [SINGAPORE] Capital markets, project finance and private banking will be the main drivers of business this year for Chase Manhattan Bank in Asia. Robert Fallon, managing director for the Asia-Pacific
        CHRIS LOH  -  418 words
      • Article, Illustration
        Lock icon Citicorp will look into buying banks
        225 18 Bank to consktar acquisitioiisin developing countries Bloomberg Business News [NEW YORK] Citicorp would consider acquiring banks in developing countries, although the nation's secondlargest bank isn't interested in going on a buying spree, chairman John Reed said. "We would possibly expand in emerging markets," Mr
        Bloomberg Business News  -  225 words
      • Article
        Lock icon Credit Suisse First Boston profit doubles to US$1.1b
        224 18 Bloomberg Business News [NEW YORK] Credit Suisse First Boston's 1996 profit doubled to about US$l.l billion (551.54 billion) before taxes and before paying bonuses that, for some traders, exceeded US$2O million, managing directors said. Record earnings at the securities firm rose from
        Bloomberg Business News  -  224 words
      • Article
        Lock icon London to reveal gold market turnover details
        233 18 FT [LONDON] Bullion dealers, backed by the Bank of England, have agreed to overturn years of tradition and secrecy by publishing details about turnover on the London gold market. But some analysts warned that the move, prompted by what dealers see as a
        FT  -  233 words
      • Article
        Lock icon Call to proceed with futures exchange
        256 18 Reuter [JAKARTA) Indonesia's plan to establish a commodities futures exchange should not be derailed by recent scandals on world financial markets, an economist told a parliamentary panel yesterday. Christianto Wibisono, director of the private Indonesian Business Data Centre, told the commission Jakarta should not
        Reuter  -  256 words
      • Article
        Lock icon CURRENCY REPORT
        176 18 Reuter THE dollar stabilised in midsession, after a strong uptrend at the start of the day. Some analysts said the greenback was being pushed up by remarks by Federal Reserve chief Alan Greenspan, who said the relative modesty of rises in US wage costs might be only temporary.
        Reuter  -  176 words
      • Article
        Lock icon Chinese buyers default as diesel plunges
        302 18 ENERGY REPORT Reuter (SINGAPORE) Plunging oil prices have prompted some cash-strapped Chinese firms who bought diesel at record high prices to renege on the deals, leaving sellers with stranded cargoes, industry sources said yesterday. Sellers now had to scrutinise their contracts to see if
        Reuter  -  302 words
      • Article, Illustration
        Untitled
        1225 18 nrrBKEAMKCROWKATBS Jan22 a$ a tm to rk m Mtiii vm wm m «owm n» a m wowi w AMStraia L037 (.171 0.650 4278 1247 1002 27JD *394 0.920 6328 193) UOI ***** 283* 1992 3594 U04 ***** I9.9C3 0.467 83T4 SET 0.945 42H 0.427 4.1* L222 U MM 17.742 0388
        1,225 words
    • Article
      COMMODITY PRICES
      1681 19 gOOMPUTOBBg Jan 22 IINKI (MvndMtatwat SJOpD BS1 CONTRACTS a*W> Ctoc* Vol—I OpM Mo«t» Wjk U«r 5att Ct—m) Iwtarart Fafc 97 170.00 170.00 170.00 22S 1025 Mar 97 172.50 200 1925 Apr 97 174.50 ***** T7450 50 1100 May 97 175.50 1250 Jon 97 174.50 1100 Jti/Sap »7 177.75
      1,681 words
    • Article
      WORLD STOCK MARKETS
      2284 19 LOMMN Jml2 Psata *h AB Ports 290 1.600 Ab6ay National 771 *6400 AMad Domacq 413.400 2.600 Awwc 95.400 unch Asda Group 126 .400 BAT ind 498.400 9 BICC 277.400 6.400 BOCGroup 933 *13 BRPatrolaum 726.400 *2.400 ■TR 260 *4 Bank of Scotland 324 -2 Barclays 1125.400 *16
      2,284 words
    • Article
      Lock icon TOKYO
      1637 19 AFP PmkkrfMß *svn SHARE prices rallied yesterday, with the key market barometer closing 3.8 per cent higher on active buying of blue chips and short covering after three days of declines, brokers said. "No one is surprised at today's gains as past declines were larger," a broker with a
      AFP  -  1,637 words
    • Article, Illustration
      Lock icon HONGKONG
      1592 20 AFX-Asia &HangSen| -40.00 WGCKS closed lower yesterday after slipping into nega live territory after opening for the afternoon session. Dealers {Raid the market continued to be nervous amid rumours of a Share placement by HSBC. The Hang Seng Index down 40.00 points at f?3392.79. Turnover was HKill.15 billion, although
      AFX-Asia  -  1,592 words
    • Article, Illustration
      Lock icon CHINA
      639 20 Shenzhen B Index +2.45 SHENZHEN'S A and B share indices closed higher yesterday, with investors encouraged by one listed firm which reported that its net earnings for 1996 had surged dramatically. The B Share Index gained 2.45 points to 148.23 on turnover of HK595.00 million. The A Index rose
      Source: Credit Lyonnsis Securities(Asia) Ltd  -  639 words
    • Article
      Lock icon TAIPEI
      361 20 AFP QWP Index *3173 SHARE prices rose 0.5 per cent yesterday to a six-and-a-half-year closing high, boosted by a good performance from food issues. "Investors are bullish about the market's long-term outlook and picked up lagging foods issues," said a trader. The TSE Weighted Price Index advanced 39.73 points
      AFP  -  361 words
    • Article, Illustration
      Lock icon JAKARTA
      703 20 AFP El Composite Index +&23 SHARE prices closed higher yesterday as foreign funds entered the market after a rally in New York. "I think the Wall Street upturn and the regional strength have helped boost our market," said a dealer. The JSE Composite Index rose 5.23 points to 686.11.
      AFP  -  703 words
    • Article, Illustration
      Lock icon BANGKOK
      813 20 AFP QSETUez +4.7* SHARE prices gained 0.6 per cent yesterday after a volatile session marked by waves of bargain-hunting and profittaking on fourth quarter and 1996 profit results. "Investors seemed to be divided into two groups prof-it-takers and bargain-hunters. The first group perceived that earnings of listed firms were
      AFP  -  813 words
    • Article
      Lock icon SEOUL
      385 20 AFP QCtanpootebia -1LI0 SHARE prices closed lower yesterday in a continued correction after recent sharp gains, dealers said. "A lack of improvement in economic fundamentals seems to be limiting the market's recovery," a broker said. The Composite Index shed 11.60 points to 678.94. Turnover was 36.1 million shares worth
      AFP  -  385 words
    • Article
      Lock icon SYDNEY
      583 20 AFP FlAIlOriaariei 4j SHARE prices edged up slightly yesterday after a wave of profit-taking late in the session cut into gains made after a strong performance on Wall Street. The All Ordinaries Index finished 3.2 points higher at 2,433.5. Turnover was 469.8 million shares valued at A$850.5 million. BHP
      AFP  -  583 words
    • Article
      Lock icon MANILA
      264 20 AFP CI Manila -140 SHARE prices dropped 0.1 per cent yesterday as blue chips fell out of the limelight. "The concentration was on third-liners," said a dealer. The Composite Index fell 3.40 points to 3,275.83. Turnover was 18.4 billion shares worth 2.5 billion pesos. San Miguel Corp's A shares
      AFP  -  264 words
    • Article
      Lock icon WELLINGTON
      253 20 Reuter QWeOmgtoa -530 SHARES ended marginally lower after a patchy session yesterday, the NZSE-40 Capital Index losing 5.30 points to close at 2,427.21. Turnover, though, was a reasonable NZ$54 million. Renter jmu ia mm AMI Banking _8.70 unch ***** Advantages HMgt L40 incti 42)00 Air Hrw Zaaland (A) 2.76
      Reuter  -  253 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7825 21 KHSESS* tat4» <***** tOM US 55**" Mil* MOH7 *16.69 WTflWWW U415.05 *****.71 *«M34 ®bbt SKS sas -sis TWWWffWW 2)9.029 284,429 -53.400 MrtnaMrtVlMtt) 1.2**, 979 1300.6*4 205.705 *421 *359 -436 ***** 26,500 2,654 O220 I3J90 ®30 44,0*4 64.764 -2ftV<>0 tnfr*«tnjetur« Ttt TU *40 f*«*» ***** 42,732 -6.527 N*H 2370 43*3 -2/423
        7,825 words
      • Article, Illustration
        Lock icon Shares advance on bargain hunting
        465 21 Bloomberg Business News Q Composite Index +ILB6 SHARE prices closed higher yesterday on renewed bargain hunting with investor interest in blue chips helping to boost the index, dealers said. Maybank rose amid investors' hopes the bank will post better-than-expected profits this weekend. "The perception is
        Bloomberg Business News  -  465 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3884 22 BONK, LOANS i WARRANTS wt 1996/1997 Last V«4 Day Last Ouata A»q MKjh LOW Stno Cima—y Ma COOO) H»g» lo. Buyar Saftar Pnct 54 47 m 3000 m AMDB c5.5%*****6 50 unch M 90 50 50 50.5 51.5 39 3160 "Acar ******1USS 47 -0.5 16 47 47 47 48 1©9
        3,884 words
      • Article
        MPHB warrant worth picking up?
        205 22  -  WARRANT WATCH WUI Ven Sreenivasan THE Multi-Purpose Holdings Bhd stock was one of the beneficiaries of the strong retail interest in Clob-traded counters yesterday. It rose five cents to $3 with 768,000 shares traded on the Stock Exchange of Singapore. The MPHB warrant even made
        205 words
    • Article
      CLOB INTERNATIONAL
      2334 22 MALAYSIAN STOCKS Or Or 1996/19)7 Lad V* on Laat Ouata M« Mr YM NH M Cap Law 5 two Company Sata COOP) Hlph L— Bwyar Cw W 625 360 m$5000 AISBSOc 392 -6 394 390 392 396 5.0 4.9 0.4 611 402.1 TO 84 mi 5001 AM06 50c
      2,334 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1385 23 TWMOVttrOOO) VALKfOM) mm CK> T«m M1» 0»* TfW MMM 17»,W>1 *A9* MJOS HUM 12.74* WJ« "WW ti.m i43*i tun «MM nsoo HMM J.m ra 4,412 «4M «Jg »-W0 *mmm «,OM ium <un ««i >MH I*«| IMS vua *jm *£W M* «2S4 MM UM IM3C HWC SMW T*W 220.040 TU.0M 333,100
        1,385 words
      • Article
        Untitled
        220 24 Stocks V a Inii Choan Soon Huat 96,030,000 FHTK HWqs 20c 13,214,000 IK Corpn 5c 13,144,000 •Umpttoenix 9,400,000 *Sataras Res 8,261,000 *HL Industries 7.541.000 *Berjaya L Wt99 7.114.000 Nofeoi Besign 5 6,240,000 Kim Eng Wt97 6,056.000 Artec* 5c 4,976,000 Hirtu Chuan Soon Huat 58.097,700 Koppei Corpn 40,146,797 City Dev 50c
        220 words
      • Article, Illustration
        HOT STOCK
        70 24  -  J by 9 Shiv Taneja IPC CORP doesn't seem to be able to stay above the 60<ent mark. Yesterday, having touched an intra day high of 61 cents, the stock fell back to close unchanged at 58 cents on a volume of 13.1 million shares about three times
        70 words
      • Article, Illustration
        Buyers switch to second liners and cheaper stocks
        659 24  -  STOCK MARKET OOKKBVTABT Brokers say STII's fall is not reflective of the broader market as there are still buying orders coming from US fnnds Ven Sreenivasan [SINGAPORE] Local stocks had a roller coaster session yesterday with institutional investors taking profit on blue
        659 words
      • ON THE GRAPEVINE
        • Article
          Happy endings...new beginning
          92 24 IT'S NICE to be able to say that all those retrenched when the Commonwealth Bank of Australia shut down its Singapore trading room late last year have found new jobs. Their ex-chief, C P Mok, is now head of money markets at ABN Amro. And, while we're
          92 words
        • Article
          Adding value that cab ride?
          78 24 IT SEEMS that local cab drivers might be providing a little extra service. It is not unusual for tourist brochures and magazines to be found behind the driver's seat for the reading pleasure of the passenger. However, in one Comfort cab this week, it was
          78 words
        • Article
          Free of charge
          95 24 THE thought of going to a disco before 10pm or 11pm is usually unheard of among night-clubbers. However, Sparks Disco was packed wall-to-wall as early as 7pm on Tuesday night at a party hosted by Minister for Trade and Industry Yeo Cheow Tong to thank the local
          95 words
        • Article
          A good start
          145 24 ONE OF the biggest growth industries last year was arranging conferences for the fund management industry not just in Singapore but elsewhere in the region as well. But two problems quickly emerged. One had to do with getting enough (different) people to talk at the various conferences.
          145 words
        • Article
          The not-so-mighty pen
          75 24 THE stage was all set for a signing ceremony at Pidemco Land to award the main building contract for a new $380 million complex to replace the old Cuppage Centre. Classic Montblanc fountain pens in ink wells were placed on the table. But when Pidemco Land's President,
          75 words
    • Article
      MAIN BOARD
      4778 23 Of Or M Wt 1996/1*97 LMt VeI Day tMt Oust* D»v Dl* VM Net Cap _A*q MH> U> wm Cl—any u* COOOl Low 9» 8«Ber Cw Wt HHJITMAtt 5144 ASE MT$10 200 US- on n I I000 900 1275 ASF US$0.01 WO US900 8 ®5 .1*. ,m ,i
      4,778 words
    • Article
      SESDAQ
      1022 23 6r Or HWt MM/mT iMt VaI Day Laat Oaata 0»* Mv YM Nat Cap A»« l— «tw ciht w room u» —yr hut cv M wt> SCSOAO 269 135 t 2000 ABR Hi (Ml Sc 1T2 *5 13 172 144 170 IT) 1.0 142 at 1073 76.5 170 W3
      1,022 words
  • Page 13 Advertisements
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      32 14 ALFRED DUNHILL The i Alfred Dunhill V SALE I I IS NOW ON JJJ G/a&sic& ta treasure since /<s?*£ QkmAi/tat Sfotel- (rcade, UAe f/Hnrqpon,. vOui Gity, Jfpo- Gtfp tmdQtmmnrn-faf? Gowt. A 097/01
      32 words
    • Advertisement
      Page 14 Advertisements Column 2
      244 14 K 9.00 am 5.00 pm I Wednesday, 29 January 1997 K Mandarin Court, Mandarin Singapore I m K Panel of Speakers X M o Mrs Aruno Sahri "Insurance protection for directors" X M What does the insurance cover offer Terms and conditions of the insurance cover J y Exclusions within
      244 words
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      Page 15 Advertisements Column 1
      219 15 I I ufIniHHHHHHHi At the United Overseas Bank Group, you can count on our Global THREE-DAY CLEARING FOR US$ CHEQUES WE'RE UNITED Currency Account to make your foreign funds work even harder. If you opt for a Global Currency Account in US Dollars, you can BEHIND YOU EARN DAILY INTEREST
      219 words
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      Page 16 Advertisements Column 1
      3336 16 BUSINESS Notices l(> \l>\lK I I S I (All. rOII- I k K K I X (Ml -7 4 I IS<S 3 I REPUBLIC NEW YORK CORPORATION SAFRA REPUBLIC HOLDINGS S.A. Consolidated Statements of Condition and Summaries of Results These statements and summaries represent the consolidated accounts of Republic New
      3,336 words
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      Page 16 Advertisements Column 2
      5 16 MORE NOTICES ON PAGE 24
      5 words
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      488 17 GENERAL MANAGEMENT Forecasting and Modeling Workshop by Dr Allen W Shiau February 26, 1997 SSI, 318.40 SIM members SSI ,421.40 non-members y/ workshop tells you everything you ever wonted to know about forecasting and modeling but have been too ofroid to osk. Forecasting and modeling have become necessary skills for
      488 words
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      213 18 SYMIX ronrPartno in Integrated eusntMSohUons |gf J«m> W skills and decision making abilities to cope with the future global turbulence v J Prodnto s«dn m the logistics era. SR D J—T Info Flow \yS\ Distribution J symixerfT r Supplier Y/ Business Rdattonstal|J (Performanc^ FOR WHOM: r i vmrc «f Rutin***
      213 words
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      29 21 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. i
      29 words
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      130 22 I Smnti IP ftf faxes* todav! I I I ijfauyuni jfck Got an Internet account...try out Send e-mail to any place In I II J|Si Asia One's Fax Mailer where you H I continental United Slates from M C/SflL. I I*—»|' can send e-mail MMM fl pK anywhere in the
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      69 23 13 These and other corporate milestones present perfect opportunities Q to the enhance your corporate image with a self-funding special feature in our S I morc on h° w you can to the occasion with a special feature, contact: Official openings Corporate anniversaiNß JSv ilnng ceremonies Topping-up ceremonies Ronald Chua
      69 words
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      Page 23 Advertisements Column 2
      46 23 You may havetoeen unable to gat your Straits Times, Sunday Times, LianHe Zaoßao and other dafly newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, cad Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
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      2023 24 SINGAPORE BUSINESS Giving you the winning edge BUSINESS Notices i<> \d\i:im isi t \i.i. ioi.i-i i<i i isoo-7-n is.s< IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF QUINDO PERSONNEL SERVICES PTE LTD v (In Members' Voluntary Winding Up) At an
      2,023 words
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      Page 24 Advertisements Column 2
      704 24 NOTICE IS HEREBY GIVEN that, I Antonius J M B liim of 36 Oriole Crescent Singapore *****8, have applied for a Wholesale Retail Liquor Shop in respect of M/s Asia Pacific Breweries (Singapore) Pte Ltd located at 459 Jalan Ahmad Ibrahim Singapore *****4, and that this application will be considered
      704 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      333 25 Bridge News Reuter THE weakness of the Atlantic market for Panamax tonnage was brought into sharp relief with a very weak U5524.00 without combination ports allegedly agreed on the key US Gulf-Japan grain run, brokers said. A strange day with all the physical prospects for Panamaxes looking weaker
      Bridge News; Reuter  -  333 words
    • Article
      MARITIME STOCKS
      274 25 m fM j»a CWTOMrMa U3 *0.02 101 CtMWiHup 0.935 *0.009 825 CMco tnvttliiiiK 1.55 until 55 FCLS 120 -0.05 244 FrMoMLM* 0.795 *0.045 1092 GBHoidtnqa 0.94 until 23 HtfSuaHup 104 *0.02 453 MUckiZOMn OM5 *0.005 34 IMC IWll|l HK 5.60 JayHlMmi L04 until 10 JwenaSNpyard 6.80 -0.15 50
      274 words
    • Article
      July 1 likely to bring more Chinese firms into HK
      377 25  -  At least 20 mainland shipowners may join HE Shipowners Association, says director From David Taylor in Hongkong FAR from causing an exodus of ship managers and owners, the transfer of sovereignty on July 1, 1997, will probably result in an
      377 words
    • Article
      Lock icon Number of lost ships up 10% in '96
      292 25 Concern raised that world's shipping fleet is ageing ,u FT [LONDON] The total number of ships lost over the last 12 months has risen by more than 10 per cent, reversing a decline in maritime casualties since 1993 and reawakening concerns of
      FT  -  292 words
    • Article
      Lock icon China builds record 1.9m tonnes of ships
      193 25 Reuter [BEIJING] China built 1.9 million tonnes of ships in 1996 a record in annual output but foreign orders fell for the first time in several years. Releasing figures early this week, the China State Shipbuilding Corporation (CSSC) said more than 1.6 million
      Reuter  -  193 words
    • Article, Illustration
      Making sure that S'pore port has what IT takes to stay ahead
      784 25  -  SHIPSHAPE By Felix Chan IN THE RACE for a bigger share of the global port business, Eric Lui has the unenviable task of ensuring that his team is always a step ahead of the competition. As the director
      784 words
    • Article
      Lock icon China and Taiwan agree on direct shipping links
      293 25 Day-long talks result in accord to end 48-year ban AFX-Asia Bloomberg, AFX-Asia, Reuter Reuter [HONGKONG] China and Taiwan yesterday agreed to end a 48-year ban on direct shipping links a move that may eat into Hongkong's lucrative role as a conduit for
      AFX-Asia; Bloomberg, AFX-Asia, Reuter; Reuter  -  293 words
    • Article, Illustration
      Lock icon Last good-bye
      47 25 [PORTSMOUTH, England) Friends and relatives of crew members aboard Britannia waving as the royal yacht slips from Portsmouth docks onlts last official tour earlier this week. Britannia will visit Hongkong as part of the handover celebrations and will then be decommissioned later this year. REUTER
      REUTER  -  47 words
    • Article
      Aircraft carrier drydock project lifts off in India
      271 25 [MUMBAI] India's first aircraft carrier drydock project has finally taken off after a decade in waiting. In his address at the recent foundation stone laying ceremony of the Carrier Docks and Wharves Project of the Indian Navy here, Prime Minister Deve Gowda
      271 words
    • Article
      Lock icon Subic port wants Hutchison to bid again
      224 25 AFP [MANILA] Subic Freeport is asking the local subsidiary of Hutchison Whampoa Ltd of Hongkong to bid again to develop port-handling facilities despite having had an earlier winning bid cancelled. Richard Gordon, head of the agency running the Subic Freeport told reporters on
      AFP  -  224 words
    • PORT Shots
      • Article
        Lock icon Japan lines protest against US sanction
        75 25 Reuter [TOKYO] Three major Japanese shipping companies Nippon Yusen KK, Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd submitted on Tuesday a joint protest statement to the Federal Maritime Commission, said a Nikkei news report. The US government agency earlier announced it would
        Reuter  -  75 words
      • Article
        Lock icon Nedlloyd, union agree on job losses
        62 25 Reuter [ROTTERDAM] Dutch shipping and road transport Arm Nedlloyd NV has reached agreement in principle with unions on roughly 250 job losses in the Netherlands after its US$l.5 billion (512.1 billion) container shipping merger with Britain's P&O. Nedlloyd said on Tuesday. Redundant employees will
        Reuter  -  62 words
      • Article
        Lock icon Greek seamen extend 9-day strike
        47 25 Reuter [ATHENS] Striking Greek seamen on Tuesday extended a nine-day walkout that has left dozens of trucks stranded at ports and threatened remote Greek islands with food and fuel shortages. The strike has kept most vessels idle at ports around the country.—Reuter
        Reuter  -  47 words
      • Article
        Lock icon Tanker master fined for spillage
        71 25 Bernama [KUANTAN] The master of a Greek-registered tanker, Astro Gamma, was fined M$S2,OOO (5529,432) by the Sessions Court here yesterday for spilling oil sludge in Malaysia's exclusive economic zone and failing to inform the director-general of the Department of Environment of the spillage. Georgantas Dimitros
        Bernama  -  71 words
    • Article, Illustration
      Hyundai sparks car wars
      1188 26  -  AUSTRALIAN CAR MARKET: IN FOR A SHAKE-UP The Singaporean-controlled importer of the low-priced four-cylinder Korean cars has doubled Hyundai's Australian market share in three years to almost 10 per cent raising questions about Canberra's resolve to lower tariffs From. Peter Lynch in Sydney INGAPOM REANS who
      1,188 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      265 26 PAGE ECL 6 ACL III EES 13 Aetocean 13 AML 3 Eurohans 6 Able 13 Ewgreen 6 Accord 12 fMnoui Ahrenkiel 4 FL-Bright 11 Appenship 4 Foon un Astro 3 Austral 11 Linfc Avant 6 Gemartrans 13 SSA 7 GensApg 2 Batamindo 7
      265 words
    • Article
      SHIPPING GUIDE
      15867 32 EXPORT ETA ETA Advertiser Vessel Voyage ETA ETA Advert,str Vess* Voyage Tt.tpN.ne «IM iwr, Name Number Number SIN Destn Name Name Number Number SIN Dest n Name Am 02/02 09/02 Hanjin NORDKAP V40* *5-32*0224 A 02/02 09/02 Xour ORIENT FREEDOM (7 65-*****54 02/02 IS/02 UASC MEO FOS MIW
      15,867 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        699 39 Vessel Voy No Borth Arrival Departure Jawf M ImUfl Butyl *****7 J02 HHP* £««»0 Mnstt»2 "00 J05 n IMUH J *****? JO! #0«p** 22.01/1400 I STtt on*i JOI HWOJOO ttL H8U *****7 JOI &22S! It MH *****7 J01 H.W0M0 It Must SufY *****7 JOI Jloogsnt U "O 4
        699 words
      • Article
        CONTAIHER SCHEDULES
        1809 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Bounce Rstls Ship VoyNo Etb/Btr Ported From To From «u ui« 005* nmot 22/woo 22/1900 in 22/1700 23/0*55 21/0*0 1 23/0700 23/1159 23/1400 4 23/1200 23/1455 23/1700 ms is s ss 2* 22/1700 23/0*59 2 VOWO 21 22/1700 23/0*59 23/0900
        1,809 words
      • Article
        GLOBAL HOLIDAY
        217 39 Jan 23 Sri Lanka Duruthu Full Moon Poya Day. Jan 26 India: Republic Day. Jan 27 Australia Australia Day (not Victoria). Feb 1 Malaysia: (Kuala Lumpar only). Feb 4 Sri Lanka: National Day. Feb 5 Mexico: Constitution Day. Feb* New Zealand: Waitangi Day. Feb 7 Brunei: Chinese Year
        217 words
      • Article
        COCKETT BUNKER MARKET REPORT
        761 39 THIS report, compiled by Cockett Ma rine 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 indi cated. The Cockett Bunker Price Index change
        761 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        576 39 Carbon 180 Ma. 990.6 12 17.0 0.13 106 0.11 j„ ja Density Nater Residue Ash Aluminium Sediment Ho above £25 0 2 I J J -J =J5 1 TTTT 380 Ave 984.3 0.4 13.0 0.06 32 0.00 l"Z 380 Mai 996 3 1.0 17.9 0.12 83
        576 words
    • AIR&LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Airbus to press ahead with A3XX project
        445 40 European consortium confident super jumbo will meet market needs Reuter (PARIS) The European Airbus consortium said on Tuesday it was confidently going ahead with studies on a 555-seat passenger plane despite a decision by archrival Boeing to scale back work on a larger
        Reuter; AFP  -  445 words
      • Article
        Lock icon Investment in new jet engines to be reassessed
        273 40 Bloomberg Business News [LONDON] Boeing Co's decision to halt development of a larger version of the 747 raises questions about engine makers' plans to invest billions of dollars in finding a way to power larger aircraft. Together, the world's three biggest aircraft
        Bloomberg Business News  -  273 words
      • Article, Illustration
        Lock icon Nissan to invest £215m in British plant
        313 40 Reuter [LONDON] Japanese car giant Nissan Motor Co geared up to expand European sales on Tuesday by announcing a new £215 million (*****.1 million) investment in its British plant at Sunderland in north-east England to build a new model. The move will create
        Reuter; REUTER  -  313 words
      • Article
        Lock icon Suzuki to expand output in 3 Asian countries
        338 40 It will seek review of equity stake in Indian venture AFP [TOKYOJ Japan's Suzuki Motor Corp will increase output in India, Indonesia and China this year. It aims to raise production in India to more than 300,000 units in 1997, he said.
        AFP  -  338 words
      • Article
        Passenger, cargo volumes up at Changi Airport
        301 40 (SINGAPORE) Changi Airport recorded a busy year with increases in passenger and cargo throughput last year, although growth in both sectors continues to slow down. The latest figures from the Civil Aviation Authority of Singapore (CAAS) show that passenger movements through the airport
        301 words
      • Article
        Lock icon CNAC plans Hongkong listing: report
        230 40 AFP [HONGKONG] China National Aviation Co, owner of Hong-kong-based Dragonair, will seek a share listing in Hongkong, press reports said yesterday. CNAC also plans to list Hongkong Dragon Airlines Ltd and Air Macau, in which it has a controlling stake, on the Stock Exchange of
        AFP  -  230 words
      • LOG Book
        • Article
          Lock icon Hainan Air to buy 7B737s, 3B767s
          70 40 Reuter [HAIKOU] China's Hainan Airlines plans to buy seven 737s and three 767 aircraft from Boeing Corp over the next two years, company officials said yesterday. The regional airline, based in the southern tropical island province of Hainan, has already agreed on a basic
          Reuter  -  70 words
        • Article
          Lock icon McDonnell confirms new EVA Air orders
          55 40 AFX-Asia {TOKYO] McDonnell Douglas Corp said it confirmed that EVA Airways Corp has ordered two extra MD-11F freighter aircraft to be delivered later this year. The aircraft can carry a 90-tonne payload on nonstop flights of more than 4,300 nautical miles, McDonnell Douglas said
          AFX-Asia  -  55 words
        • Article
          Lock icon 2 injured as B737 catches fire in Okinawa
          97 40 AFP [TOKYOI Two people were injured yesterday when a Japan Trans-Ocean Airways (JTA) Boeing 737 caught fire as it was taking off from Naha airport on the southern island of Okinawa. Airport officials said the 737 was carrying 18 passengers and five
          AFP  -  97 words
      • Article
        Lock icon EU expects trouble ahead on airport runway slot rules
        291 40 No decision likely this year as members' views are divided Reuter (LONDON,) The European Union is unlikely to make new rules this year on the way takeoff and landing time slots are distributed, and possibly traded, at Europe's busiest airports, a
        Reuter  -  291 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1764 40 CITY FLIGHT ETA FLIGHT ETO HatYal TG407 2120 TG408 0820 Abu DhatH S044I 1535 MI895 2155 MI896 1815 Adelaide S0230 1815 0F82 2050 Ho Chi Mini. VN741 1310 S0172 0930 0F81 N30 S0171 1420 VN740 1410 Amsterdam KL843 0550 KL834 0025 VN743 1925 ***** *S 0L25
        1,764 words
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      Page 26 Advertisements Column 1
      631 26 SINGAPORE CALIFORNIA EXPRESS (PffIECT FROM WEST COAST) IQULF KARACHI EXPRESS (QKX) I Vfssa VOT OAK VAN SU U SM VPSi VOT MM JU KAJt CO! Ml KMIJNE AUXANOtin »W 30/12 02/01 03/01 5/01 23/01 WKSTHMUNUN 001 12/01 10/01 17/»1 23/01 20/01 UftGSMY 05WS01 0«/01 M/ 01 00/01 11/01 M/ 01
      631 words
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      Page 26 Advertisements Column 2
      677 26 Unas services represented /2§Hk\\ by Members of the Registry at of the l\t§fl) Accredrted Shipping Agents. U|W Singapore Freight Forw*ders' S pore National Shipping Assoc Association. SfflPPmGTl\ffiSONLmE Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 »Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Japan •2 x
      677 words
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      1129 27 PAQFK SOUTH WIST EXPRESS (DIRECT) ALSO ACCEPTING MANAUS vtssa voy Ha sneu smetd uflMiwiinm(<iiHOui<i!a AftCHRiA QlSt 20/01 22/0) 23/01 07/02 11/02 tt/02 12/02 13/02 13/02 12/02 12/02 14/0? AWSMGAfQg 01 IE 27/01 29/01 30/01 14/02 U/02 19/02 19/02 20/02 20/02 26/02 28/02 21/02 AftJAWMt 0131 03/02 05/02 06/02 21/02 25/02
      1,129 words
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      Page 27 Advertisements Column 2
      2080 27 ©HANJIN SHIPPING USA CANADA* I I uni mui/voT |W |»»|nw|iQP|<w|wT|i»|wt|iiw|Mi|>os| wTTo»~ rv» I m IWL 1 m Ire II —2£L _jj^w —is^w—u^w— u/w j4/w_ n/n _u/n_jt/n u/w u/w u/w 21/w u/w is/w u/w u/w u/w 17/w I t ro w/01 m/oi m/w n/n n/w a/w a/w a/w n/w «/w m/w
      2,080 words
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      Page 27 Advertisements Column 3
      100 27 I ORIENT EXPRESS UNES (U.K.) LIMITED ?j£J, (MANAGER FOR SHREYAS SHIPPING LIMITED) J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE vot smwom iommy vnsa vor iomuy swctroti TQ6A 206 26/01 02/02 SINAR TOBA 205 20/01 26/01 NORPKAP 406 04/02 11/02 NORDKAP 405 27/01 04/02 LEERO T 913 11/02 19/02 LEERORT 912 04/02 11/02
      100 words
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      Page 28 Advertisements Column 1
      1312 28 <c DSR-SEMATOR ira Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT vroa Ivov law" tmnl wv I hmi Irj w Ilm I Ivtsiti I vor |uw I era I ewv Irj I out sm HONGKONG SENATOR WF7I7 501 NR 17 B 108 UK 17« OS* ROSTOCK Ef7» It II
      1,312 words
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      Page 28 Advertisements Column 2
      1180 28 1 NORASIA I VESSEL W* am PKL] OOALAS BCL VALALO WOT ANTFEL LMA I NOR HONGKONG 97K-3 ?ltl 2UI 07® 12® 08® IS® 17«2 13® 14® 14® IMB I NOfISHARJAH 9703 3 2M»I ***** IMB IMB tM2 23® 24® 20® 21® 21® 22/02 I MSC RAFAELA 9704 3 OS® 21/V2
      1,180 words
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      Page 28 Advertisements Column 3
      391 28 Direct Container Service to Fangcheng Zhanjiang Vessel S'pore Fangcheng Zhanjiang UANBAO 04/02 09/02 11/02 1 tt NORTRANS CONVENTIONAL SERVICE TO THAILAND AND MALAYSIA BREAKBUIK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PRIORITY BERTHS Alii Express V.4OA HfOfT 24-24/01 21-W/01 2+-31/01 ktk Express V.4IA 01-05/02 06-06/02 o*lo/02 10-12/02 Asia Express
      391 words
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      Page 29 Advertisements Column 1
      1346 29 STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Kappal Towers Singapore *****5 Tol: *****88 Fax; *****17 SAMH lIBUNII COHVINTIONAI SliVICi HO CHI HMH FULL COMTAIHfI SEtVKE ivcsa 1 vot Si m a IvKsa vot I ntanwi I imwomiß) I swmtsstm won iy/ci 3i/oi oi/w otor muuutov gag m/oi I
      1,346 words
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      Page 29 Advertisements Column 2
      1339 29 AM ROM VIA ROM ROM. MUCT GUI TO KAOISWIC, UIWMI Wlfl SRORT TRANSIT OF f MVS L 4 I SINGAPORE'S GENERAL AG€NTS: SHINTON WAY TIL 226 1900 FAX: 22*2201 OUTWARD (BA) I *****02 JOHORIOfFKf: CO STAR SNIPPING PTE LTD #17-o*dkudg saus/wgs 4?os*4i/43 inward dot <d/ 0) 4205/ is COSTAR AGENCIES
      1,339 words
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      Page 29 Advertisements Column 3
      466 29 < /7JLIPERKAPALAN DAI ZHUN "> jgfy TONGJOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KIKHIM+FASTtST TUMSn/ MUAMA-HtKHNTY BtfTW j MO CHI KUIUhPtPICAnB ~7 GKOON 979$ 24/01" GHKKX 9701 24/01 WW) ***** 21/01 APPU ***** 21/01 GUOO 9741 21/01 GtHUAT A
      466 words
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      Page 30 Advertisements Column 1
      1217 30 EUROPE/UK/SCAHDINAVIA/FINLANO/RUSSIA fSGP~I ROM ANW HBG THP Z£E LHV LHV THP ROM ANW HBG PKL SGP E REPUTE RW-OQ7 2S/D1 IWJ2 19*2 15/02 17/H2 H/02 19/12 E N o C R n E t 3B 2d? 21*? Mm! "'J! "JJ auol E RENOWN RW-020 03/02 22/02 27/02 23/02 25/02 20/02 27/02
      1,217 words
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      Page 30 Advertisements Column 2
      1176 30 M 188 lixporr VISSII VOTMI WmjUUUDWUHIWIUI VESSII VOYAGE Dm Mk A4U MAN MM SGP UMOMT (H****** 30/01 Of/W 01/02 10/02 12/02 12/02 1 3/02 1 3/02 UNI ONWAtD 0414 025E 11/01 11/01 12/01 24/01 UWCROWN *****3* 04/02 14/02 14/02 17/02 11/02 If/02 22/02 22/02 UMCONQH *****11E If/01 If/01 20/01 21/01
      1,176 words
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      Page 30 Advertisements Column 3
      500 30 /CZT NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA EAST COAST SOUTH AMERICA VESSEL VOT I SW I rui DW I €PT I «UI I MVP I PW6 I ssz Aresa lis rm\ oi/n v>m ii/ra m/i? tun n/n 03/03 TresiS om" di/b kvm "ii«" n/c mrmouai aits wn
      500 words
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      717 31 BSA A M MYANMA wBBk FIVE STAR LINE (Myaamr National Um) Laadiag far Yaagan (Raagoon) vissa vot sw p«g km pou MAWUJNTINE SU> PATHftN I WW M/ 01 MAIAYSIA AGENTS: KXrtTUD SMPPING AGONXS KUL TH 02-03-*****00 P*L 111 02-03-37*4101 flit TH 02-04-*****02 PGO: TO. 02-07-*****21/4 BANK LINE (A sorvko of
      717 words
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      Page 31 Advertisements Column 2
      1099 31 /v HYUNDAI MERCHANT MARINE CO. LID. WESTBOUND TO EUROPE BKG: *****32 rui PU PCO VBSB VOT I Ml UN WM AM NAN 4MI HL ii/0l 23/41 ***** NIGMMAL 343W 21/41 12/42 13/42 15/42 \ijn~ 15/02 14/42 30/41 34/41 41/42 HIMMI 343W 42/42 14/42 24/42 22/42 22/42 22/42 25/42 M/ 42
      1,099 words
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      Page 31 Advertisements Column 3
      94 31 s||V S E C I L EAST WEST AFRICA SEMI CONTAINER SERVICE IU SJN rtu www UK IOAMNrS A 1/17 SID SID »PT 17/11 03/0? AffSSH. 3/»7 IS/W 71/0? 11/03 11/03 74/03 04/tM WOOD PROOUCT SOUTH AFRICA SERVICE a iwsMßtn euoMcn WFOA6SASA7II SID SID SID SID SID SU) 74/01 07/0?
      94 words
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      Page 31 Advertisements Column 4
      465 31 (j& FAMOUS CONTAINER UNES /ICS 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) Weekly Sailing To a I I AUSTRALIAN PORTS FOR MORE DETAILS CALL KEN SIM I VERON ONG I *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22
      465 words
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      47 33 To retrieve more schedules, just follow these simple steps... document 740-6000^7^^^^ tep be faxed Select the port I Step key in the four Q Jphone number /jf J code Key in your Example: r—l—i fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
      47 words
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      520 35 Weekly LCI A FCL rODICdI Services to Caribbean hipping A Central America SfAJADE MABBK VANCOUVB 6106 9704 Port Country 26/01 02/02 Belize City Belize 01/03 08/03 Bridgetown Barbados 04/03 11/03 Cartagena Colombia 03/03 10/03 Castries St. Lucia 03/03 10/03 Fort de France Martinique 04/03 11 /03 Freeport Bahamas 27/02 06/03
      520 words
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      1309 35 ADVANCE CONTAINER LINES (PTE) LTD A I Z 140 Cacti Street #12-00. PIL Building. Singapore *****0 Li TEL: *****21. FAX *****19. TELEX RS ***** ACLPL CR NO **********0E BANGKOK JAKARTA "I (5 Sailingi/WMk to PAT. 3 Sailings to MAT 2 Sailings to LCH) (4 Satllnss/Weakl I 1— wrccci VOY SIN
      1,309 words
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      Page 35 Advertisements Column 3
      778 35 **********0Z VESSELS VOY SIN jis PSO LEH HAM RTM TMP ANR VILLE DE NORMA NIBW 27/01 07/02 fflg 19/02 20/02 21/02 VILLE OE GEMtNA HIBW 03/02 14/02 23/02 24/02 26/02 27/02 28/02 VH-LE D'ORtON YIBW 12/02 22/02 23/02 04/03 06/03 07/03 ~oa/03 08/03 VHXE DE VELA VIBW 17/02 26/02 26AJ2
      778 words
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      Page 35 Advertisements Column 4
      28 35 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
      28 words
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      1296 36 BANOKOK 1 PT KILANO I VESSEL VOY SIN BKK VESSEL VOY SIN PKL XETHA BHUM 186N Thu In Pt Sun 26/01 AKA BHUM 7317 H?! W RATHABHUM 143N Sat 25/01 Wed 29/01 BUNGA SEROJA 7017 Sat 2S/01 Sun 28/01 AN AN BHUM SON Son 28/01 Wed 29/01 AKA BHUM 7319
      1,296 words
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      392 36 jfy? POL INTERNATIONAL LINE PuTTnERNATKXiAL Zm <*»* "*Mit JAKAETA(UTCI) 4SLGS/WK Bmp- |£|A|m!> |n« ■otnuMT Jfi— -2/iL JBL 91 m V M,o; gUiKSJI NAJtA <70* 03/0? WOW 07/01 F«l 10/07 SURABAYA 2 SWS/WK yy VQY BLT SMI ISW MAOOX MV* -Hi— -MZSL-ffl- 27/01 [WOW 31/01 DtAGOW MUS J4S_ AOL JML Ql/w
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      Page 36 Advertisements Column 3
      878 36 SINOAPORI CWTTAOONO SillVKl SINOAPORI/ CAUUTO SIRVICI VISSCL VOT SON CTO ■VKSML VOT SIN CCU OAfU ~~OOS SAT 35/01 THU [30/01 XOUN SINGAPORE 233 FRI 34/01 FBI 31/01 PAD MA 533 SUN~ 36/01 SAT 01/03 LHOTSE 333 WiD 39/01 MON 03/02 COfISISTINCI 338 I SAT 01/03 |WED 05/02 TKHR BVg ~~270
      878 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      400 37 OSINO EXPRESS SHIPPING 11 COLLYER QUAY *06-01 THE ARCADE pSINOTRANSI S (*****7). TEL: *****90 FAX: *****98 UUIiZ/ TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA G. WELL 9702 26/0] 31/01 04/02 G. LUCK 9702 3]/01 04/02 08/02 0. GLORY 9704 07/02 12/02 16/02 G.
      400 words
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      Page 37 Advertisements Column 2
      168 37 ■■■■■■■■■■■■■■■■I WEEKLY GROUPAGE AUST, NZ, THAILANO, HKG, CHINA, KOREA. TAIWAN, PHILIPPINES, INDIA, SRI LANKA. PAKISTAN, BANGLADESH, FUI, MAURITIUS, NEW CALEDONIA, S. AFRICA, EUROPE, UK. USA S. AMERICA. AR-SEA TRANSHIPMBinVROJECT CARGO QUOTES •BL NSURED FOR US$6OO,OOO PER CLAJWMC BONDED HATAftSffAMBWa FOR ENQUIRIES PLEASE CONTACT *14-01 EURO-ASIA CENTRE 15 HOE CHIANG RO,
      168 words
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      Page 37 Advertisements Column 3
      347 37 \mjkm MAC-NELS S'PORE M'SIA I Carrier: MN CONTR LINES, INC l~l\-/\~ J NO; **********0 C SIBU: (064)*****9 MANILA: (632)*****61 PENANG: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31)*****0 P KELANG: (03) *****77 JKT: (21) *****07 MDN: (61)*****3 KUCHING: (062) *****3 HONGKONG SHANGHAI "A. PEGASUS" V.N024 "KOTA WIRAWAN" VIVRN OS ETA SIN:
      347 words
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      Page 37 Advertisements Column 4
      287 37 AGHtOS MINAS Sid Impt Rdm/Atw/UK/Nan I CENTAURUS 31/01 RdrrVAtwAJK/Nan I SEA GRACE 12/02 15/02 RdnVAtwAJK/Nan I I Loading for V SAM Ml FRONTIER Dubai/A Dhabi/DarTiman/Kuwait/Jeddtfi 1 HERAKLES Hodwdah/JeddafVAqaba I LEOPARD Hodetdah/Jeddah/Aqaba/ Egypt I C. GLORY Dubai/Darnman/Kuwart I 'Loads Singapore, E7W Malaysia, Indonesia I I Loading for I PAN EXPRESS Los
      287 words
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      469 38 Shipping Times ■"SUSENESSCENTEE 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 >10 Press "1" key in Document Code Key in your
      469 words
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      Page 38 Advertisements Column 2
      198 38 jmmrm 8016 Products Services Turnkey Factory Automation System Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) Engineering Services i M&1 Multi-storey warehouse: Twos Avenwe 3 10,000 square metres currently available (1,800 to 2,000 square metres per floor) Close to PIE/AYE/KJE Second Link to Malaysia High Ceiling Heavy Floor
      198 words
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      129 39 LEGEND: R Thunderstorm Temperature c X\ Weather _V Wind direction with speed m knots Rom Cloudy Sky Wove height Surface winds ore mdkoted by orrows which fly with the wind One fuß circle represents colm or light ond vonobie winds One hoM Heche represents 5 knots I—- One full Heche
      129 words
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