The Business Times, 12 June 1997

Microfilm: NL20785
Total Pages: 44
1 44 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, JUNE 12,1997
    13 words
  • Article
    MARKET SUMMARY
    50 1 tjSS2 (21 M MUJ7 (-7.07) Qffoov BTISBA P m'r Wednesday Change i S5S£ MIP > > 1,UI 111 HAMm l4.ltfuZ_t8.lt JAKARTA COM P _jB1NZZZ>3.28 MUESMW —2,787.74 +11(3 wown w.«_a* ]B)< 11IBI 7W.79 -4M diSA CHINA B —tjM.41 ___-4tt.46 AD8T ALLOW) —2,1117 1U LMpa Omge BOW JJHII -ZfcArZ .i.
    50 words
  • Article
    FINANCE
    29 1 11 52==r===r nHpra SHBAPORE*. (44 Hl4lA LUMPUR am JMAMTA, iaN BANGKOK. OJt MAMA HM aWOKOWB 8.75 gg- 9M MOW U« TOKYO 310 w>e« Stan*- NatWatf (Source: NatWest Bank)
    29 words
  • Article
    China Everbright sets up regional base in Singapore
    724 1  -  High profile China company expected to iqject more regional assets into STpore unit From Quak Hiang Whai in Hongkong STATE-CONTROLLED China Everbright, which is currently making waves in Hongkong with numerous asset acquisitions and reshuffling, has set up a regional headquarters in
    724 words
  • Article, Illustration
    Lock icon Tan Tock Seng chief to join RSP as CEO
    372 1  -  By' Lilian Ang [SINGAPORE] Dr Judy Lim, the outgoing chief executive of Tan Tock Seng Hospital (TTSH), will join RSP Architects Planners Engineers as its CEO from July 1. Her surprise appointment to the newly-created position was confirmed yesterday by RSP's
    FILE PHOTO  -  372 words
  • Article, Illustration
    Lock icon Greenback falls to 7-mth low against yen
    166 1  -  From, Anthony Rowley in Tokyo THE US dollar tumbled to a seven-month low against the yen yesterday on news that Japan's current account surplus leapt by nearly 93 per cent to 1.09 trillion yen (Ssl4 billion) in April The surge in current account
    Source: Bloomberg  -  166 words
  • Article
    Cerebos drags STII below 2,000
    246 1  -  By, R Sivanithy [SINGAPORE] The Straits Times Industrials Index yesterday dropped below the 2,000 level for the second time this year, finishing within a hair's breadth of its year's low. It plunged 21.29 points to 1,993.49 largely because of a hammering sustained by food and
    246 words
  • Article
    Bakun project takes a double blow from market and nature
    461 1  -  Ekran rights issne gets appßptanoft of only 37%; nuns bust part of coffer dam From] Eddie Toh m Kuala Lumpur TYCOON Ting Pek Khiing's MJ15.5 billion (SsB.7 billion) Bakun hydroelectric dam project suffered a double blow yesterday with news that
    461 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      109 1 Ms DB Wtrw Singapore Telecom is all ft- iai Iwiihilm n mn nt n f ror lowering the cost at international telephone calls. But, instead of Washington's proposed benchmark rates, Sing Tel prefers accounting rate cuts, F|4 .Ai fi f*. L IT* Philippines' investment climate is more positive now than
      109 words
    • Advertisement
      Page 1 Advertisements Column 2
      247 1 Japan's uuisat account surplus jumps 93%, Pg 12 Timeless values. MA Dupiex est^n pement movement fry //frfry o/ London: These two exquisite watches, The Rolex Day-Date in the shape of peaches, are is appreciated for more called «For China». than just the twenty-five The craftsmen of Geneva were languages in
      247 words
    • Advertisement
      Page 1 Advertisements Column 3
      5 1 Thm Oirrtii sell-off, Pg 17
      5 words
Page thumbnail Page 2
  • SINGAPORE AT HOME & ABROAD
    • Article
      Wing Tai surprises with high bids for prime 99-year sites
      617 2  -  It's offering psf/ppr for Draycott Drive, $612 psf/ppr for Newton Road in land tender By] Diana Oon WING Tai Land surprised the market with aggressive bids fbr two prime leasehold sites at Draycott Drive and Newton Road in a land
      617 words
    • Article, Illustration
      Lock icon Investment climate seen as more positive
      564 2  -  PM GOB'S PBIUPPniE VISIT Megrim briefed on plans for CUrk Special Economic Zone From i Conrad Raj in Manila WITH its economy growing healthily, the Philippines' investment climate is more positive now than ever before, say the businessmen who accompanied Prime Minister Goh Chok
      AFP  -  564 words
    • Article, Illustration
      Lock icon Inflation indicator down again
      302 2  -  EYE ON THE ECONOMY Prices Byi Audrey Tan THE domestic supply price index continued to fall, slipping to an eight-month low of 85.5 points in April, figures from the Department of Statistics show. April's figure is lower than the Q1 average of 86.9 and 2.3 points
      Source:  -  302 words
    • Article
      Technopolis to emerge as nerve centre of future Johor
      576 2  -  GROWTH TBIAMOLE MUIISTHHIOT. MBBTDTO Reports by Yang Razali Kassim in Johor Baru MASSIVE infrastructural development will transform Johor over the next several years into a major hub in the Growth Triangle, providing impetus for greater cooperation with Singapore and Indonesian provinces.
      576 words
    • Article
      Johor's MB proposes a role for S'pore in state's tourism plans
      386 2 MENTRIBESAR Abdul Ghani Othman, who has called for a new phase of cooperation between Singapore and Johor, yesterday raised the possibility of a Singapore role in the Malaysian state's new tourism plans. The chief minister said the south-eastern part
      386 words
    • NEWS Roundup
      • Article
        Umno Youth leader to meet BG Yeo
        62 2 UMNO Youth leader Ahmad Zahid Hamidi will be calling on Young PAP chairman BG George Yeo in his office in the Ministry of Information and the Arts at 12.30pm today. BO Yeo is meeting Mr Ahmad Zahid to help maintain channels of communications
        62 words
      • Article
        Quality certifiction for vehicle industry
        73 2 A NEW scheme to certify quality management systems of companies in the vehicle industry was launched yesterday. The scheme, Quality System Requirements, or QS-9000, is built on the foundation of the ISO-0000 international quality standard, plus additional requirements especially for the motor vehicle industry. Cable
        73 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      58 2 HEADQUARTERED IN CHICAGO, an innovative US toy company with key Singaporean management in place currently manufacturing and distributing toy products in 50 US states under a Federal tradename via a network of 11 companies selling to over 10,000 specialty stores is looking for sophisticated Singaporean partners with up to US$5OO,OOO
      58 words
    • Advertisement
      Page 2 Advertisements Column 2
      8 2 Home Decor -For people who love their homes
      8 words
    • Advertisement
      Page 2 Advertisements Column 3
      92 2 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western 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
      92 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      58 3 r 71 ¥«Ek* j* STS". S«* :**v T jr~ ~if -1# f Cll^ Wear the watch that's eiec f rica!!y cna"aea every time you move your body. JT The new Seiko Kinetic. No battery. IP Quartz accuracy. Revolutionary. SEIKO KINETIC THONG 51A CO (5) PTE LTD THONG SI A SDN
      58 words
Page thumbnail Page 4
  • ASIA TELECOM 97
    • Article
      SingTel calls for multilateral accounting rate cuts
      540 4  -  Washington's set of benchmark rates not a quick-fix solution, says exec By] David Boey SINGAPORE Telecom is all for lowering the cost of international telephone calls but not the way the US Federal Communications Commission (FCC) proposes. Sing Tel executive vicepresident Lim Toon
      540 words
    • Article
      Lock icon Global rate accounting system obsolete, says regulator
      290 4 System should reflect more closely real cost of making a call Reuter THE global accounting rate system that sets telephone call charges between nations is obsolete and should be scrapped eventually, the head of the world's telephone regulator said yesterday. Pekka Tarjanne, secretary
      Reuter  -  290 words
    • Article, Illustration
      Lock icon Light fantastic
      91 4 [SINGAPORE] A 'city 'glowing within a glass bubble at an exhibition stand run by PSI Telecom ofßur bank, California. PSI manufactures modular splice connectors which are used to house cables. The model is a simulation of a high-density urban area, with wires running across the stage. This 'bubble
      ARTHUR LEE  -  91 words
    • Article
      Wanted: Asian telcos for satellite system
      229 4  -  By\ Toh Han Shih THE operators of a satellite system which will deliver high-speed Internet and telecommunication services to areas with incomplete telecoms infrastructure are seeking Asian partners. The European-based company, Skyßridge, is discussing partnerships with telecommunication companies (telcos) in Asian countries including Malaysia,
      229 words
    • Article, Illustration
      Some telcos opting for Net telephony
      425 4  -  Although many don't like customers using tliis cheaper mode of e^™miif*tion By 1 Toh Han Shih SOME telecommunication companies (telcos) are planning to use Internet telephony for part of their networks, the president of Dialogic Corporation, Howard Bubb, said at Asia Telecom 97. By
      425 words
    • Article
      Ascom to expand in Asia through joint ventures
      293 4  -  By, David Boey ASCOM AG has set its sights on doubling its Asian sales by the year 2000 via joint ventures with Asian partners. The Swiss company is gearing up to promote the full range of its telecom products and services to
      293 words
    • QUICK CALLS
      • Article
        Seeing red
        109 4 REMEMBER the Singapore Telecom (Sing Tel) ad which shows some lad looking on woefully as another bloke covers his yellow wall with red paint? Or the one where the lad's little yellow umbrella proves inadequate in a downpour compared to the other guy's large red brolly? Observers say
        109 words
      • Article
        Take Advantage!
        70 4 AST Computers recently announced its appointment as a business partner for the Singapore ONE network, saying; "For pilot home users, AST has designed a special offer on its Advantage! 9402 multimedia PC." Launched in April, the Advantage! 9402 is AST's "latest and most advanced multimedia PC", crammed with
        70 words
      • Article
        Watch it
        35 4 YOU didn't learn this from us: The gift-wrapped "Made in Switzerland" souvenir that a certain generous Swiss telecoms company has been presenting to lucky AT 97 visitors is a Swatch chronograph. No kidding.
        35 words
      • Article
        Hallo, hallo, anyone there?
        26 4 HALF the world's population live more than two hours away from the nearest telephone. Now you know why tome calls go unanswered.
        26 words
      • Article
        Gripe of the day
        67 4  -  Compiled by David Boey GEMS like "The customer premise (sic) equipment for ADSL access will require a PC with an ATM NIC installed and connected to the ADSL modem via ATM2S (RMS cable) and an MPEG card for high quality video streaming if desired", plucked straight
        67 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      281 4 1« to* Phytomer -Spa EA Division of Cosmoprof International SC3|J© >*. Ease away your stress and strain ibSrtgaw hnntt. Tkt Caonral i"r rtPr^c r*," T 1 f Spend a day in the cosy ambience of a resort spa located y I at Singapore's only beach resort hotel, the Shangri-La's Sentosa
      281 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      1295 5 sk Establishing a dynamic presence HH with 64 premier hotels worldwide 1996 was a year of tremendous growth for the CDL Hotels International. GROUP PERFORMANCE Financial Snapshots The year ended 31 December 1996 was one of programmes at some of the hotels in Singapore, New JfBsl^E rER tremendous accomplishment Overal,
      1,295 words
Page thumbnail Page 6
  • FOCUS: PROPERTY
    • Article
      Lee Kim Tah completed no projects last year
      277 6 [SINGAPORE] Construction company Lee Kim Tah did not complete any construction project last year, according to the group's latest annual report. In his statement, group chairman Lee Soon Teck said: "As far as the construction sector was concerned, none of the projects
      277 words
    • Article, Illustration
      Another addition to the Upper Bt Timah belt
      338 6  -  Prices for the 192-unit High Oak start at $700 psf after 20% discount By, Abdul Hadhi [SINGAPORE) THE latest addition to the Upper Bukit Timah/Hillview condominium belt is Far East Organization's 192-unit High Oak. Far East recently soft launched the 99-year leasehold
      338 words
    • Article
      Lock icon HK property boom fuels banking fears
      525 6 Exposure in sector evokes fears of Thai-like crisis Reuter [HONGKONG] With the memory of Thailand's banking sector implosion still fresh, alarm bells are starting to sound about banks' property exposure in Hongkong. Massive capital inflows into the territory, most driven by optimism about Hongkong's
      Reuter  -  525 words
    • Article
      House Hunt
      917 6 Properly transactions for districts 11 and 21 (sectors 28 to 30 and 58 to 59) lodged between Apr 5,1997 and Jun ***** PROJECTNAME/ PROP CONTRACT TENURE BUHTHN/ PRICE P5F STREET NAME TYPE DATE LAND AREA* (SOFT) (SSOOO) (S$) District 11 Adam Place Apt 31/03/97 FH 1421 050 809
      917 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      269 6 I-W SUNTEC TOWER ONE > THE PENTHOUSE FOR COMPANIES WHO NEED 1 QUALITY SERVICES, FACILITIES BUSINESS CENTRE| PROFESSIONAL MANAGEMENT >• Fully Furnished Serviced Offices with Unsurpased Views >• Multi-lingual Secretarial Support >■ Personalized Telephone Answering >• 24 Hours Access with Security Cameras Flexible Leasing Terms >• Conference Latest AV Facilities
      269 words
    • Advertisement
      Page 6 Advertisements Column 2
      238 6 FOR LEAS! SUNGEIKADUT LOOP BRAND NEW WAREHOUSE Single-storey: approx. 9,700 sq.ft. (with overhead crane) Wfffj 4-storey: from 6,800 Ceiling Height: 4.5 B.om Floor Loading: 20kN/sq.m. Excellent corporate image r i. J TAn r/A-» BP: 2009/96 Expected TOP: 5/97 Sole Marketing Agent: INDUSTRIAL DEPARTMENT 221 8288 Prime 999-Year Leasehold shophouses For
      238 words
    • Advertisement
      Page 6 Advertisements Column 3
      11 6 Singapore Business i yv r Giving you the r winning edge
      11 words
Page thumbnail Page 7
  • SOUTH-EAST ASIA
    • Article
      Lock icon Credit Lyonnais' growth forecast absurd: Thailand
      313 7 BANGKOK Minister announces new cost-cutting measures to support flagging exports Reuter THAILAND'S central bank yesterday labelled as absurd and irresponsible a report issued this week by Credit Lyonnais Securities Asia saying that the country's economy would contract by one per cent this year. "Any
      Reuter  -  313 words
    • Article
      Lock icon BOT wants baht to be stronger offshore
      290 7 BANGKOK ItH curb speculation on currency, ease devaluation fears, says official Reuter, Bridge News BANK of Thailand (BOT) deputy governor Chaiyawat Wibulswasdi said yesterday the central bank preferred to see the baht stronger offshore than in local market to curb any pressure on
      Reuter,; Bridge News  -  290 words
    • Article
      Lock icon Graft blamed for rising housing costs
      121 7 KUALA LUMPUR Bridge News CORRUPTION is rampant in Malaysia's housing Industry and is the main reason for the rising cost of houses, said the Federation of Malaysian Consumers (Fomca) on Tuesday, according to The Star newspaper. Fomca president Hamdan Adnan said a study by
      Bridge News  -  121 words
    • Article, Illustration
      Lock icon Hartono takes over
      53 7 V [JAKARTA] The former chtrfof staff of the Indonesian army. General Hartono (right), is sworn in yesterday as the country's new information minister at a ceremony in the state palace. Gen Hartono replaced Harmoko (left), information minister for the past 14 years, who was named minister for
      REUTER  -  53 words
    • Article
      Lock icon Sumatra court rules in favour of Megawati's supporters
      239 7 JAKARTA AFP SUPPORTERS of ousted Indonesian opposition leader Megawati Sukarnoputri have scored their first legal victory against a government-backed rival faction, an official said yesterday. "We have ruled in favour of some of the plaintiff's demands," Judge M T L Tobing said
      AFP  -  239 words
    • Article
      Lock icon Govt to end Bernama's control of foreign news flow
      226 7 KUALA LUMPUR Reuter MALAYSIA has decided to withdraw the controls over foreign news and news vendors that it had given to the national news agency Bernama, Information Minister Mohamed Rahmat said yesterday. The cabinet decided at its weekly meeting to allow
      Reuter  -  226 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      415 7 21 ■> 25 July 1997 Halls 3 3A, World Trade Centre Singapore 22 July a 12 noon 4pm 23 24 July 10 am 6 pm 25 July 10 am 5 pm The forthcoming 1997 international suppliers from more than 25 countries/areas event, comprising HVAC ASIA '97 and and source from
      415 words
    • Advertisement
      Page 7 Advertisements Column 2
      21 7 •>;: r/v:- k omzm I v* I '-v f Woi I f m s&P a-vv'x I *i ',w t, r 1 > GUCCI
      21 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      222 8 i r < i VSV3 WSlftMUMftfMAsla^B XSfp/ Mi^JUOiJiigdJiiybLtfihyM^ Just click, and you can enjoy the sheer convenience of instant access anytime you need comprehensive information on the stocks. Commerce Asia Interactive brings you the latest stock quotes direct from the Stock Exchange of Singapore. It gives you data on the
      222 words
Page thumbnail Page 9
  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon News of China military drills sends Taiwan stocks reeling
      539 9  -  TAIWAN Analysts dismiss fall as hiccup; Taipei plans war guiles a week before HE'S return By] Bruce Cheesman REPORTS of China staging military drills in response to war games planned by Taiwan only a week before the return of Hongkong spooked
      Source: Bloomberg; AFP  -  539 words
    • Article
      Lock icon China will help keep HK markets stable if needed
      360 9 m BEIJING Bui it with HE nMetary jjjg lystem, says Chinese central banker Reuter CHINA'S central bank will help the Hongkong Monetary Authority (HKMA) if needed after the British colony reverts to Chinese rule on July 1, People's Bank of China
      Reuter  -  360 words
    • Article
      Lock icon HK-listed China railway firm's chairman sacked
      221 9 HONGKONG AFP THE chairman of Guangshen Railway Co Ltd was sacked after being investigated for using company funds for share speculation, the firm said yesterday. Ge Wenan was fired with the firm's chief accountant, Zeng Xianzhao, after the Chinese authorities found the investment of
      AFP  -  221 words
    • Article
      Lock icon My resignation's not political: HK top prosecutor
      265 9 HONGKONG AFP HONGKONG'S top prosecutor has resigned but denied the move was linked to the territory's July 1 return to Chinese rule, reports said. Director of public prosecutions Peter Nguyen said it was "unfortunate" his announcement came just 21 days before the return
      AFP  -  265 words
    • Article
      Lock icon Another satellite takes off but real test's in July
      150 9 BEIJING AFP [BEIJING] China carried out its second successful satellite launch in a month, but the country's space programme faces its sternest test in July with the blast off of its troubled Long Marcfc 3B rocket, experts said yesterday. The latest
      AFP  -  150 words
    • Article, Illustration
      Oil:A great leap outwards
      724 10  -  CHUAWATCH China's aggressive oil acquisitions abroad underline seriousness of its energy supply problem By Lu Ning MORE than three decades ago, China proudly declared that it had "thrown the hat of foreign oil into the Pacific". That was when the output of its Daqing oil field
      724 words
    • Article
      Lock icon HK press says US swearing-in boycott trivial
      377 10 HONGKONG Ultimately, US will stOl have to accept China's sovereignty, says one paper AFP THE decision by US Secretary of State Madeleine Albright to boycott the swearing-in of Hongkong's new pro-Beijing legislature is an insignificant gesture that will have no impact, the territory's
      AFP  -  377 words
    • Article
      Lock icon Warning of tension between HK groups
      293 10 HONGKONG AFP HONGKONG'S return to Chinese rule could be marred by "confrontation" between supporters and opponents of the new government, a leading democrat warned yesterday. Alleging the pro-China camp had waged a campaign of "dirty tricks" to prevent democrats protesting on the night of
      AFP  -  293 words
    • Article, Illustration
      Lock icon Stamps hot in China?
      217 10 BEIJING Reuter CHINA'S crackdown on the stock markets and lower interest rates have sent hot money searching for a new speculation target flooding into the stamp market, an official and dealers said yesterday. "The risk for stocks (after thj crackdown) is greater and common people don't
      Reuter; REUTER  -  217 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      193 9 WE'RE CHANGING OUR COLOURS INJUNE j*2l Lloyds alßank but here's our commitment to you in JHMAand\white I Following a merger of our parent companies, Hill Samuel Bank's branch in Singapore has become part of Lloyds Bank Pic, one of the world's largest banking groups. While the Hill Samuel Bank name
      193 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      172 10 If your R&D is in Tokyo, front office in Hong Kong and manufacturing in India, who can help you to run your virtual enterprise? T.M.I. of course. T.M.l.'s virtual services let you communicate with your world-wide offices as if you owned a private telecommunications network, but at a fraction of
      172 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      232 11 *> V' v y A'* > <£- > V < J v h v v***. v r <. t i MONDAY TUESDAY WEDNESDAY ft ft wft J'' p. J >' I l..'. v 0 y j > 4 n ;r *i THURSDAY FRIDAY SATURDAY SUNDAY I N -i 1 v
      232 words
Page thumbnail Page 12
  • ASIA
    • Article
      Japan's current account surplus jumps 93%
      515 12  -  TOKYO fears «f trail frictka with US; debate •verrtcmry likely at 0-7 sammit Byi Anthony Rowley JAPAN'S current account surplus leapt by nearly 93 per cent to 1.09 trillion yen (Ssl4 billion) in April, it was announced yesterday. Although the surge had been predicted,
      515 words
    • Article, Illustration
      Lock icon DKB raided again in widening loan scandal
      373 12 TOKYO T-P to be qaKtitnad on &8b yes touts to racketeer, sap paper AFP, Reuter, Bloomberg JAPANESE prosecutors launched a fresh raid on Dai-I-chi Kangyo Bank Ltd (DKB) yesterday, a day after four more executives of the DKB group were arrested for their
      AFP,; Reuter,; Bloomberg; REUTER  -  373 words
    • Article
      Lock icon Tokyo still most costly for expats: EIU survey
      245 12 LONDON Reuter TOKYO is still the world's most expensive city for expatriates to live in but a weaker yen means costs are foiling for foreigners, according to a survey published yesterday. The most expensive European city, Oslo, is ranked behind second-placed Osaka
      Reuter  -  245 words
    • Article
      Lock icon Japan changes law to lift holding companies ban
      181 12 TOKYO Reuter JAPAN changed its anti-mo-nopoly law yesterday to lift a ban on holding companies imposed after World War n. Parliament's Upper House passed a law allowing firms to set up holding companies if they do not result in excessive concentration of
      Reuter  -  181 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      279 12 2 pitu flnv) Rony Business Hours :11:30 am-3:oopm Teppanyaki, Oysters On Ice, Eoast Beef, Sashimi, Grilled BBQ Fish, Tempura, Sushi, Salads, Soups, Desserts and many more items. Mon-Fri Adult $24.80 Child Biimr Dimmer Business Hours: 5:45 pm 10:30 pa Sashimi! utton. Grilled ft Sushi,Salads, Fresh Fruits, Pastries, Soups and many
      279 words
Page thumbnail Page 13
  • THE WORLD
    • Article
      Lock icon Clinton, Congress gear up for another US budget battle
      487 13 WASHINGTON President says Republicans' USsBsb new tax cnt plan goes back on deal reached last month AFP, WP GEARING up for another US budget battle, President Bill Clinton on Tuesday charged that the Republican majority's new tax plan fails to live
      AFP,; WP  -  487 words
    • Article
      Lock icon No hint from Greenspan's musings
      174 13 WASHINGTON Bridge News FINANCIAL markets hoping to hear Alan Greenspan talk in New York on Tuesday about the economy got a disappointment. The Federal Reserve chief said nothing about Fed policy in prepared remarks, instead giving a philosophical speech about why socialist economies don't work.
      Bridge News  -  174 words
    • Article
      Lock icon US Senate agrees on plan to pay UN dues
      357 13 WASHINGTON NYT AFTER years of impasse followed by months of intense negotiations, the Clinton administration reached agreement with Republicans and Democrats in the Senate on Tuesday on a plan to pay US$Bl9 million (Ssl.2 billion) in delinquent dues to the United
      NYT  -  357 words
    • Article, Illustration
      Lock icon Landing a jumbo
      49 13 [STOCKHOLM] Circus elephant Sahib being rescued by Swedish fire fighters and police officers on Tuesday after he was unable to leave a pond because of loose and muddy soil. Sahib was close to drowning in the water after his swim before the evening circus show. REUTER
      REUTER  -  49 words
    • Article
      Lock icon Patch-up likely to put Euro on track
      399 13 ■BRUSSELS Stocks, bonds np as Paris, Bonn talk of compromise before next week's summit Bloomberg, AFP, AFX-Asia FRANCE and Germany moved to bury their differences over job creation measures, sending stocks and bonds higher amid expectations that a compromise would put a planned
      Bloomberg,; AFP,; AFX-Asia  -  399 words
    • Article
      Lock icon Sustainability key to EMU: Dutch official
      221 13 AMSTERDAM Reuter SUSTAINABILIty is the key criterion for determining which European Union (EU) members qualify for economic and monetary union (EMU), incoming Dutch central bank president Arnout Wellink said yesterday. Addressing a conference on EMU, he said it was crucial that EU countries try
      Reuter  -  221 words
    • Article
      Lock icon Swiss banks find more Holocaust accounts as audits loom
      306 13 WASHINGTON AFP SWISS banks have found hun-» dreds of new accounts possibly opened by Holocaust vietims before and during World} War 11, as well as thousandsmore they cannot account for,J The New York Times said yes-* terday. 4 The disclosure that
      AFP  -  306 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      124 13 Bi SjffiSro iMMfc—] E WCIIW 1 /2 hour Colour Prink Z E 1 hour E6 Sldo ProoMs C E Canon Instant Colour Lasor Copy/OHP Z F I.C/Passport Instants Lamination Available dtr #87-15 Orchard Towers, Orchard Road Tel: *****15 m E THE PROFESSIONAL LAB WIIH K COMPUTE SERVICES Commercial Exhibition Enlargement
      124 words
    • Advertisement
      Page 13 Advertisements Column 2
      177 13 /xoVVVY To succeed in life and in business, one has to first achieve harmony of one's self J*/ Taste success through harmony at Xin Cuisine Chinese Restaurant The smoothness of Egg White and Has ma Is balanced with the crisp of Walnut Melba Toast. Truly indulgent yet nutritious. It's sweet
      177 words
Page thumbnail Page 14
  • EDITORIAL & OPINION
    • Article, Illustration
      Child labour rules: who gets hurt?
      800 14  -  THE BOTTOM LDVE OPINION By Prem Shankar Jha The writer, former editor of Hindustan Times, contributed this article to BT THE first conference of the World Trade Organisation held in Singapore last December was portrayed as a triumph for the multilateral trading system, and
      800 words
    • Article
      IN OTHER WORDS
      115 14 4 I am very annoyed about this. It's very important what McHappy Day stands for.' P»nl«M> Himmi Australian politician on McDonalds withdrawing an invitation tobecomea "celebrity server" at a fund-raising event. 'If the particles can damage our cars' paintwork, how about our lungs?' KazUn Inlkifli a Petaling
      115 words
    • Article
      Leave Cambodia to right itself
      627 14 EDITORIAL IT IS easy to look at the political mess in Cambodia today and conclude that the country is teetering on the brink of civil strife. Indeed, it is a wonder how the country is governed at all, given its unique co-leadership system and the
      627 words
    • Article, Illustration
      Lock icon Capitalism under siege
      1133 14  -  Western countries elect sodalistsinbacklash against excesses of free market By Kevin Phillips The writer is the publisher of American Political Report AFTER assessing the outcome of the recent national elections in Britain, France and Canada, it seems clear that Western conservatism, to paraphrase what James Bond used
      FILE PHOTOS  -  1,133 words
    • Article
      Comic strip gives false picture of Nike
      312 14  -  jgAn.WIT Martha Benson Martha Benson Director of Communications, Asia-Pacific Nike International OVER the past week, the Doonesbury comic strip in BT has featured a Nike factory in Vietnam. Much of the story line is focused around the apparent inability of a worker to
      312 words
    • Article
      WHAT THE OTHERS SAY
      462 14 ChtaaialsgM kiit for Ul THE annual congressional debate concerning China's trading status has begun. Some argue that the US should suspend normal trade relations until Chinese policies on human rights, market access, military exports and other matters change. The administration is convinced US interests are better
      462 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      47 14 POOMESBOET By Garry Trudeau (mmnavh /wousH&e Y(nSSe-W&x \wes(uc&!e^\ mNOUAMI-1 BYNIK&COM UM6ISMJT STUHA6TO I TUITHZ A UyBB I WLIEM**.- I SWEATSHOP IMnhWTTOAi veSAMZAS \nxiP i I 1 A&* \KAS6Tf66XMXVSm W&mNT, \jmM£sfJ AIMN6W&! UMX>IU&T I UHAT I >«* WHICH GUAR- lON *1,60 A MY. CA&FUU?! I YOUVB fWUITj j I
      47 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      200 15 Where to wine, dine and entertain... 1 .r*!*n http://www.ana-kotels.com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyber (election. Browse through the menu, leave us your order and it'll be ready to pick up before you can say 'information superhighway'. yff call
      200 words
    • Advertisement
      Page 15 Advertisements Column 2
      93 15 1 Xf J\jaNyx created by our Chef available Exclusively at Luna Coffee House Ist-13th June '97 Ifi.OOpm 2.30pm, 6.30pm 9.30pm Fresh tender Juicy chicken accompanied with a frapwt chicken rice, ecar, a bowl of soup and condiments. Price: 12.—++ per serving MtOrin: CHpe Sim wMi Oyster Sauce or IMwan Cabfeafe
      93 words
    • Advertisement
      Page 15 Advertisements Column 3
      97 15 s+a? city thai SHARKSFIN RESTAURANT la M imam We serve authentic TEOCHEW THAI CUISINE with a wide variety of choice by BjillhSfn mr Wei-Known Thai Chef. r«infr» way 47, Craig Road,Tanjong Pagar Singapore *****5 Tel: 223 1655 Win a Trip to Ranong 8 Kob Samat tn Thailand «Cafe Plaza goes
      97 words
    • Advertisement
      Page 15 Advertisements Column 4
      224 15 SINGAPORE BUSINESS Giving you the winning edge AN IMPERIAL TRIBUTE TO ALL FATHERS UNLIMITED LUNCH OR DINNER BUFFET AT THE CHINATOWN RESTAURANT /show your love and appreciation to most important man in your life-Dadf> Exclusively for Father's Day we are serving, together with over 60 varieties of Sze Chuao cusine,
      224 words
    • Advertisement
      Page 15 Advertisements Column 5
      120 15 11 AM. iSh^^Hß "^h 24-hour Coffee House I*l floor The Chicken Rice Capital Of The World UK /4£c/wissi/v 333 Orchard Road, Singapore *****7. Tel: 737 4411 You'll find your Lunch, High T<m and Dinner favourites at our temporary Coffee House, Basement, Hotel Phoenix, white we upgrade Delicious Buffet Lunch, Buffet
      120 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      724 15 ■V .y- yv TV&BAPIO 12.45 The Outer Limits (See IX4S Bisnes Hari Ini. Our Choice). LOO BeritaCNßC. 030 AM Basketball: Lo§ Matrix. LSO TV Innovations. nals 1997 Game s—Chica- t m Rewind. U2 Primarama. bo Bulls vs Utah Jazz (L). ;ne The Three Stooges. UO Arabian Drama. 1200 *NK Close.
      724 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      241 15 CRYPTIC CROSSWORD ACROSS 7 Act as informer tell only pH pß| PHI one (9) P I j I 1 I I I 8 Reject a substitute for bread HI 10They circulate -so they say! 1 10 I I I I 1 I J 11Nice-looking but small-mind- _JH 12 The titled
      241 words
Page thumbnail Page 16
  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      A drool machine and absolute fun
      958 16  -  Though ifs nervous over humps, BMWs pert Z3 roadster is arrestingly beautiful and a pretty powerful ride to boot says Christopher tan CHRISTOPHER TAN POWER does not guarantee performance. And torque is often cheap. BMW cars, for instance, are not the most muscle-bound in
      958 words
    • Article, Illustration
      Lock icon Local history gets a maternal twist
      627 16  -  FESTIVAL OF ASIAN PERFORMING ARTS '97 Necessary Stage and Teater Kami look at Singapore's past frffm HhinwiP anil Malay perspectives By Ben Munroe PILLARS, by Necessary Stage and Teater Kami, is a contemporary piece blending styles and eschewing conventions, performed in a mix of
      FILE PHOTO  -  627 words
    • Article, Illustration
      Lock icon A seamless dance filled with life
      503 16  -  Shobana Jeyasingh dancers show vitality through gestures, poses t ßy\ Ben Munroe AN ominous voice announced an injury to one of the Shobana Jeyasingh dancers, and a murmur ran through the audience. Expectations were perhaps lowered and the worst anticipated as the rest of
      STEVEN LEE/ST  -  503 words
    • BUMPER to BUMPER
      • Article
        The new Daewoos are here
        92 16 TWO NEW Daewoos have come ashore. The 1.6-litre Nubtra Is available in three forms: sedan, hatch and wagon; while the 2-litre Leganza is an entrant into the luxury segment. The latter is fitted with anti-lock brakes, airbag, remote key, 10-disc CD changer, leather and wiiliiMjm
        92 words
      • Article
        Watch out for that tree
        76 16 NISSAN will soon Introduce a new navigational system H that offers three-dimensional odour displays. Supposed town be the first of its kind, the Stereoscopic Birdview system displays topographical features, allowing the driver to B visualise the terrain and route at a glance. Nissan adds m
        76 words
      • Article
        It's official: Beemers look good
        73 16 MOST PEOPLE will agree BMWs look good. But let's hear it from the experts. A group of artists, architects, art H historians and designers got together in Italy recently to jH vote the BMW Z3 roadster "the finest automobile in the world" in its category.
        73 words
      • Article
        All hyped up and nowhere to go
        108 16  -  Compiled by Christopher Tan CHINA'S car market is not turning out to be as promising as forecast. The Economist Intelligence Unit expects new car sales of only 510,000 in the year 2000, and one million units by 2005—much lower than the official projections
        108 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      170 16 TBEWEAtmhi glnppgne Showers with thunder are expected in the late morning and early afternoon, mainly over the Northern, Western and Central Singapore. Temperature (33-25). MU 1 CM. I i»i B/LC omd HVLo* Good. Aurklaad Bu«*Am Ifitt (Vudv (UMfc* _17/T7 r*oi Afen &iM (Vudy Uf-Sr 17/17 Cloud) Bnta 2416 Shmwtrs al4
      170 words
Page thumbnail Page 17
  • COMPANIES & MARKETS
    • Article
      Milan project's value hinges on HPL's support: auditors
      423 17  -  Eiideatiil dart of group's Canary Wharf UK project to be launched in second kalf of this year By Ang Wan May (SINGAPORE] Hotel Properties Ltd's $117 million carrying value for its Four Seasons Hotel project in Milan is contingent on HPL's continued
      423 words
    • Article
      Lock icon Tay paid to keep him quiet over deal: lawyer
      439 17 PETER TAT TRIAL N&Lochra feared he would complain to beard, oenrt told The Straits Times [SINGAPORE] Former Amcol Holdings executive directors Ng Chee Kheong and Lloyd Lochra paid accused businessman Peter Tay a commission for his role in a Mauritian joint
      The Straits Times  -  439 words
    • Article
      Inno-Pac will sell stake in China poultry farm to staunch bleeding
      302 17  -  By< Clarissa Tan [SINGAPORE] Inno-Pacific Holdings (Inno-Pac) is selling yet another company its ailing poultry processing farm in its continuing struggle to staunch the group's losses. The company said in its 1997 annual report that it "has decided to
      302 words
    • Article
      Thakral Corp a gem waiting to be discovered by investors
      592 17  -  HOCK LOCK SIEW Annette Pau THAKRAL Corp has come up from behind. Listed on the Stock Exchange of Singapore in December 1995, it languished below its offer price of 78 US cents for the greater part of its maiden year,
      592 words
    • Article, Illustration
      Lock icon Cerebos sell-off lops $380m off its market cap
      501 17  -  Shares shed 16% as analysts lower forecasts; further decline expected By\ Louis Beckerling [SINGAPORE! Disappointed investors yesterday dumped their Cerebos shares, clipping about 1380 million off the value of the food-based company and dragging the market index below the 2,000-point level in
      Source: Bloomberg  -  501 words
    • Article
      Huan Hsin ends at 11% premium on debut
      214 17 [SINGAPORE! Phone-cord maker Huan Hsin Holdings has chalked up a moderate premium of 10.7 per cent on its mainboard debut, closing 4.5 US cents above its offer price at 46.5 US cents yesterday. As with most initial public offers (IPOs), it was
      214 words
    • COMPANIES
      • Article
        KLSE ticks off merchant banks for careless work
        435 18  -  Some have failed to advise clients on adequate disclosure in prospectus issued prior to listing From Meera Tharmaratnam in Kuala Lumpur MERCHANT bankers earned a stern warning from a senior stock exchange official yesterday for "careless" advisory work in initial public offering
        435 words
      • Article
        Hour Glass M'sia gets 2nd bumi partner
        174 18 [SINGAPORE] The Hour Glass has roped in another bumiputra party for its Malaysian subsidiary, The Hour Glass Malaysia. The new partner is Iqrah Holdings Sdn Bhd, which will subscribe for 884,000 new THG Malaysia shares for M 51.23 million (*****,000) or M 51.40
        174 words
      • Article
        Sinophil turns holding firm for hotel stake swap
        344 18  -  40% Subic Legend stake for 35.1% shares to Metroplex Prom Al Labita in Manila SINOPHIL Corp the listed Philippine oil explorer that is diversifying into casinos has transformed itself into a holding company to comply with the stock swap deal it signed
        344 words
      • Article
        Lock icon Semen Cibinong takes stake in Myanmar plant
        165 18 Bloomberg [JAKARTA] PT Semen Cibinong said it will take a stake in a US$2lO million (SS3OO million) cement plant in Myanmar that will triple the country's cement output. "The economics are good," said Hashim Djojohadikusumo, the President Director of Semen Cibinong. "I won't
        Bloomberg  -  165 words
      • Article, Illustration
        Lock icon Astra expects higher 1997 net profit
        441 18 Honda m-cyde sales may kit a million units by year-end Reuter [JAKARTA] Indonesia's largest vehicle maker. Astra International, said yesterday it expected to post a net profit of 627 billion rupiah (Ss37o million) this year, up from 470 billion rupiah last year. "Demand for
        Reuter; AFP  -  441 words
      • Article
        Lock icon Federal Flour investing M$159.6m in several projects
        278 18 Bernama [KUAL4 LUMPUR] Federal Flour Mills Bhd will Invest M 1159.6 million (5190.2 million) this year to undertake several projects, including the building of a palm oil refinery in Lumut. Its managing director, Oh Slew Nam said the project, which will be financed
        Bernama  -  278 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Swire Pacific insists it's a HK, and not UK, company
        487 19 Bmnoars aboond that Swire is a phim China target for a strategic partnership, bat its riniriMii iaiH talking Bloomberg [HONGKONG] Swire Pacific Ltd Chairman Peter Sutch just chuckles when people ask whether his UK-controlled conglomerate is seeking a China partner.
        Bloomberg  -  487 words
      • Article
        Lock icon China may put regional telcos in C&W venture
        206 19 FT [HONGKONG) Up to 20 of China's regional telecommunications companies are being considered for inclusion in the proposed joint venture between the Chinese government and Cable and Wireless of the UK. The carriers are subsidiaries of China's ministry of posts and telecommunications
        FT  -  206 words
      • Article
        Lock icon Cathay Pacific shares soar on China stake talk
        378 19 Airline denies rumour; stock posts biggest one-day gain in more than 3 years Bloomberg [HONGKONG] Cathay Pacific Airways Ltd yesterday posted its biggest one-day gain in more than three years amid speculation the Chinese government will buy a stake in Hongkong's biggest
        Bloomberg  -  378 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Summer looks set to bring cool spell to Wall Street
        436 20 Equities managed poor gains at best in last two summers Bloomberg [NEW YORK] If recent history is any guide, the US stock market is about to suffer a case of the summer-time blues. In each of the last three years,
        Bloomberg; Source: Bloomberg  -  436 words
      • Article
        Lock icon AT&T explains its Baby Bell plans
        347 20 Buying a Bell would help double earnings by 2001: CEO Bloomberg (BOSTON) AT&T Corp chairman and chief executive Robert Allen outlined the advantages of buying a Baby Bell, saying that any such combination would promote competition and help AT&T double annual earnings by 2001.
        Bloomberg  -  347 words
      • Article, Illustration
        Lock icon Aerospatiale, Dassault may still merge
        58 20 [PARIS] The president of Dassault Aviation, Serge Dassault, going to the Transport Ministry to meet Transport Minister Jean-Claude Gayssot on Monday. Mr Dassault on Tuesday said that a merger of French groups Aerospatiale and Dassault "is still on the agenda and would be the object
        AFP  -  58 words
      • Article
        Lock icon Deutsche Morgan Grenfell to beef up equities team in revamp
        373 20 Bloomberg [LONDON] Deutsche Morgan Grenfell may hire up to 70 more people in equities following a reorganisation of the business into a global division, said Michael Philipp, head of global equities. The hirings will follow the dismissal of 12 to
        Bloomberg  -  373 words
      • Article
        Lock icon DuPont liable for another US$3.5m for failed venture
        243 20 Bloomberg [WILMINGTON, Delaware] DuPont Co was found liable for US$3.5 million (Sss million) in punitive damages, bringing to US$7.5 million the total award it was ordered to pay for breaking an agreement with NSN International Industries to develop military armour. A jury
        Bloomberg  -  243 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Lloyds, Hill Samuel merge offices here
        360 21  -  Move will create one of Singapore's largest private By\ Clarissa Tan [SINGAPORE] They may have brought a black thoroughbred to their press conference at Raffles Hotel yesterday, but these bankers don't mean to horse around. The two English banks Lloyds Bank and Hill Samuel
        ENRIQUE SORIANO/ST  -  360 words
      • Article
        Lock icon HK unit trust industry shows strong inflows
        215 21 AFP [HONGKONG] Hongkong's unit trust industry registered strong inflows for the fourth month in April, the Hongkong Investment Funds Association said on Tuesday. In April, funds made net unit trust sales amounting to U*****.01 million (*****.4 million), an increase of 11.2 per cent
        AFP  -  215 words
      • Article
        Templeton launches Thai equities fund
        467 21  -  Group expects investments to double in value in five years From Loh Hui Yin in Hongkong WHILE many investors are giving Thailand's beleaguered stockmarket a wide berth, the US-based Franklin Templeton group is bucking the trend by launching a fund that will invest in Thai
        467 words
      • Article
        Lock icon US Treasury rejigs debt offerings to draw investors
        426 22 Reuter [WASHINGTON] The Treasury's decision to scrap some bond sales and broaden its menu of inflation-indexed securities is mainly a sales tactic to lure more foreign and domestic buyers, analysts said. The Treasury Department said on Monday it was dropping two sales
        Reuter  -  426 words
      • Article
        Lock icon Deutsche Bank joins US funds fray
        334 22 But it may face uphill fight against l«cal industry giants Bloomberg [NEW YORK] Deutsche Bank AG, Europe's largest bank and one of its biggest mutual fluid managers, is planning to enter the crowded US fund business by selling nine of its own stock and
        Bloomberg  -  334 words
      • Article
        Lock icon Big Apple gives Merrill Lynch tax breaks to keep HQ in city
        302 22 FT [NEW YORK] New York City has approved a plan to give Merrill Lynch tax breaks worth nearly US$2B million (Ss4o million) to induce the investment banking and brokerage company to keep its worldwide headquarters in the city
        FT  -  302 words
      • Article, Illustration
        Lock icon 10 Manila foreign banks brought in 37.5b pesos
        171 22 AFXAsia [MANILA] Central bank governor Gabriel Singson said the 10 foreign banks which set up branches after the government liberalised the financial sector have brought in a net 37.5 billion pesos (552.02 billion) in capital as of end-1996. He said the figure
        AFX- Asia  -  171 words
      • Article
        Lock icon Euroyen surges as rate fears fade
        240 22 SXXEXReport Reuter {SINGAPORE] Simex Euroyen futures rose sharply in active trade yesterday as expectations of a Japanese rate hike dwindled in the face of the yen's gathering strength. "A couple of weeks back, sentiment was quite strong that they would raise rates. Now the
        Reuter  -  240 words
      • Article
        Futures sharply lower as cash index crashes
        161 22  -  ICSCI TAIWAN FUTURES By Ric Trotta, Floor Manager, Refco Singapore Pte Ltd [SINGAPORE) The Simex MSCI Taiwan Index futures ended sharply lower yesterday behind the cash index. The June futures contract finished 5.1 points lower at 351.8, while the cash index plunged 126
        161 words
      • Article
        Lock icon Oil Search discovers big well in PNG
        235 22 ENERGY REPORT Reuter [SYDNEY] Partners in the Moran oil field in Papua New Guinea said yesterday the Moran-2X sidetrack well has intersected a vertical oil column of 800 metres. Analysts said the result supported predictions by Oil Search, which has a 7.76 per
        Reuter  -  235 words
      • Article, Illustration
        Untitled
        1300 22 nTTHRBAMK CROSS KATB8 Junii tf a M ECU nt 9m Ntt MfeMal T«l Wm MS H* 1$ «Mi Sfr WT> 8a* P—8 USS mZ toss oMi Am \m 5m nuiM o.m 17*3 \.m 'Hw 30.727 ***** taw ri* tool zutsnm *M2 o.ts» frnti 0949 5.995 0434 4M* 1232 5.543 25.109
        1,300 words
      • Article
        Lock icon CURRENCY REPORT
        272 22 Reuter, AFP London THE US dollar pulled itself together as a compromise loomed between France and its European partners over the stability pact, dealers said. There were numerous statements contemplating a deal on the European Union's budgetary stability pact at the EU summit meeting in Amsterdam next Monday
        Reuter,; AFP  -  272 words
    • Article
      COMMODITY PRICES
      1690 23 nOOMrOTPMB >hin it wwit (Miwi m*mn RSSICONTKACTBcMtrttf Cto«0 VoftNN Of* Montfc mgi If Sott (toats) Intorwt M 97 160.50 1600 Aug 97 164.25 162.00 162.00 150 1870 Sop 97 163.00 1820 Oct/DK 97 164.00 164.00 164.00 300 3150 J«n/U<r 96 166.50 164.75 166.00 675 7425 Apr/Jun 98 167.75
      1,690 words
    • Article
      Lock icon TOKYO
      1666 23 AFP H Nikkei 225 -***** STOCKS closed lower yesterday as selling triggered by the yen's rise against the dollar dragged down the key market barometer. "The impact of the yen's movement was short-lived when moving between 115 and 120 yen, but its rise to 110 yen made everyone cautious,"
      AFP  -  1,666 words
    • Article
      WORLD STOCK MARKETS
      2203 23 LtHHHWf Jeati tatotllate h«c« 31 Group 518.400 *1 A3 Ports 255 unch Abbey National 069 -6 Allied Domecq 418 -5.400 A mac 141.400 -.600 Asda Group 126.400 -1.600 BAT Ind 571 unch 80 Pic 219 unch BICC 172.400 -.400 BOC Croup 1032 *2 BR Petroleum 740.400 -1.600
      2,203 words
    • Article, Illustration
      Lock icon HONGKONG
      1458 24 Bloomberg Q Hug Seng -MJ> STOCKS closed easier yesterday as falls in property shares and HK Telecom offset Cathay Pacific Airways' biggest rally since December 1993. Developers such as Sun Hung Kai Properties took the most off the benchmark index. They fell for a fourth day on concern the
      Bloomberg  -  1,458 words
    • Article, Illustration
      Lock icon CHINA
      557 24 Reuter kl Stephen Blaiei -4.75 SHENZHEN'S A and B share indices ended sharply lower yesterday on panic selling fuelled by apprehension over possible further action by Beijing to crack down on speculative trading. The B Share Index fell 4.75 points, or 3.2 per cent, to 142.36 on turnover of
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  557 words
    • Article
      Lock icon TAIPEI
      354 24 AFP Qvruo -BSJB SHARE prices finished lower yesterday as investment sentiment was dampened by weakening high-tech issues. "Investors dumped IC (integrated circuit) plays in the wake of the weak performance of US technology shares, while scores of Taiwan electrical firms' May financial results failed to reach their earnings forecast,"
      AFP  -  354 words
    • Article
      Lock icon WELLINGTON
      248 24 Bloomberg yiWcttmgti *HAI SHARES touched a fourmonth high as lower interest rates boosted the appeal of dividend yields available from equities. The NZSE Top 40-share Index rose 17.42 points to 2,384.97. Bloomberg m mm ANZ Banting 10.40 0.05 ***** Advantage* HM91 1.18 -0.03 ***** Air N— 2 aland (A)
      Bloomberg  -  248 words
    • Article, Illustration
      Lock icon BANGKOK
      786 24 AFP □set him -&M SHARE prices closed lower yesterday as overseas investors moved out of the market following the introduction of fresh measures to curb currency speculation. Dealers said foreign players mostly moved to other bourses after losing the opportunity to engage in arbitrage in the baht, using the
      AFP  -  786 words
    • Article
      Lock icon SEOUL
      375 24 AFP AM SHARE prices closed lower yesterday as institutions sold heavyweight stocks considered to have risen too rapidly. "Most sectors underwent a correction after recent gains," a dealer said. The Composite Index eased 4.04 points to 765.79. Turnover was 46.1 million shares worth 654.7 billion won. Falls beat rises
      AFP  -  375 words
    • Article
      Lock icon SYDNEY
      539 24 AFP QUMrti_JU SHARE prices closed lower yesterday following afternoon profit taking, brokers said. "What we've seen very simply is an atmosphere of doubt that the markets globally can sustain the gains in the short-term," said a broker. The All Ordinaries Index ended the day 15.2 points lower at 2,613.7.
      AFP  -  539 words
    • Article, Illustration
      Lock icon JAKARTA
      720 24 AFP yjCmpcatefaig *3J7 SHARE prices closed higher yesterday, coming off early lows on foreign investor buying after a two-week consolidation. A trader said program buying, particularly of Telkom, led to the rise. "The market has been consolidating for nearly two weeks and Indonesia is reasonably positive relative to the
      AFP  -  720 words
    • Article
      Lock icon MANILA
      254 24 AFP Hmiflt ♦no STOCKS closed higher yesterday as domestic investors bought selected blue chips. The PSE Composite Index rose 12.63 points to 2,787.74. Turnover was 8.4 billion shares worth 1.5 billion pesos. Philippine Long Distance and Telephone was unchanged at 805 pesos while San Miguel's A shares were steady
      AFP  -  254 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Telekom leads share prices lower
        520 25 AFX-Asia CI Composite Into SHARE prices closed lower in modest trade yesterday, led by falls in Telekom Malaysia as investors looked again at its deal with Samart Corp, dealers said. The KLSE Composite Index closed down 2.11 points at 1,108.25 on volume 0f242.5 million shares
        AFX-Asia  -  520 words
      • Article
        Untitled
        7463 25 MBQSTVIALS Cmsmmt pniicti 1997 Last vel Oey Met Cap mm I— Cempany OOP High Lew P/t Smll 790 560 Afinomoto 600 unch 2 600 600 312 243.2 448 243 AngtlU 316 -2 23 318 316 9.4 465.9 90S 6)0 Apodo Food Hlg 645 5 77 645 635 2S8.0 42* 189
        7,463 words
    • WARRANTS & OPTIONS
      • Article
        Antah wrt worth considering but proceed carefully in this market
        184 26  -  WARRANT WATCH -fiy R Sivanithy WITH the market in the near-death state that it is now, buying warrants might be seen as the equivalent of shooting oneself in the head. Still, those with guts and money to spare might like
        184 words
      • Article
        Untitled
        3487 26 BONDS, LOANS WARRANTS m ,aa7 Last Vol Day Last Owli Avg N*. L« Stna Company 5- COOO» I— I— »—r »f 68 44.5 m 3000 m AM06 c5.5******6 46 i S 2 67 415 3160 'Acar ******1 US$ 5' *1 51 56 131 74.5 3164 Acma ******4 76 un<h 15
        3,487 words
    • Article
      CLOB INTERNATIONAL
      2103 26 MALAYSIA* STOCKS Cr Gr 1997 LMt Vol Day UK Owh Mr Okr VM Nat MClf Mm» L— >t— Company M« COOP) H*» Um Buyer Mgr Cvr P/t "475 298 m s 5000 AISB 50c 304 1 36 306 304 304 316~ iO 4.9 OS 62.9 JM 137 90.5
      2,103 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1467 27 TURNOVCt COOO) VALUE ('000) mfc o*» thi Mii» gg> Tgw Industrial 26.596 8,015 34.611 *4,733 14,390 109,123 rtWKI 5,034 2,525 7,559 50,730 4,494 55,225 1,604 299 1.903 4.593 417 5.079 Pr*«rtto 7X6 3,265 10,911 42,151 3337 45.666 PIMMtoo 1.346 U46 3,740 3,740 MlnhM 95 95 240 240 BLW 3,450 5,067
        1,467 words
      • Article
        MAIN BOARD
        5154 27 Transaction Date Jnn 111 Cr Cr M Wt 1997 Last Vol Day Last Ouota ON Mv YM Nat Cap Avq HI* Law Stw» Cl—any M« fOOO) wm> Law fcf <H«r CV P/t PHea INDUSTRIALS 5144 ASC NTSIO 200 OS- 885 885 1275 ASFUSklOO US885 885 203 155 1258
        5,154 words
      • Article
        SESDAQ
        1060 27 Or 6c MM 1997 Last Vol Day LMt Ouat* Dtv Ml W M Cm A*a wm> L— »w— Ci«p»ny fOOO> IH la» mtfrn t—m Cw W >«Jl Mm SESOAQ 186 99 5 2000 ABRHIdasSc 101 cd -2 236 103 100 100 101 3.0 6.0 0.2 144.3 44.9 K» 280
        1,060 words
      • Article
        Untitled
        216 28 Stacks VotniM Hum HsinUS20c 12,474,000 HK Land USIOc 7.996,000 DBS Land 3,686,000 Ceretos 25c 2,668,000 •Berjaya Ind 2,165,000 FHTR Hldgs 20c 2,123,000 •Renong WtOO 2.099,000 JMH US25c 400 1.914,000 NatSteei 50c 1,796,000 SingTel 15c 1,791,000 Stocks HK Land USIOc 21,675.220 Ceretos 25c 18,382,200 DBS Land 16.671,320 City Dcv 50c 15.524.114
        216 words
      • Article, Illustration
        STII closes below 2,000 level with a 21-point loss
        698 28  -  STOCK MARKET COMMENTARY Aside from some trading in a few second liners, even the usually volatile ELSE Second Board fails to move syndicates and speculators R Sivanithy [SINGAPORE] Concerted selling pressure in food and beverage counter Cerebos yesterday succeeded in wresting
        698 words
      • Article, Illustration
        HOT STOCK
        60 28  -  u/r by Shiv Taneja NATSTEEL, which closed four cents higher yesterday at 53.76 on a volume of 1.79 million shares or three times its 10-day average daily traded volume, looks set to rise in the medium term. There are strong buy signals from the daily RSI and Stochastics
        60 words
      • ON THE GRAPEVINE
        • Article
          Banking on horse-play
          139 28 SO YOU thought banking and in particular English banking was a staid, pinstripey affair. UK banks Lloyds and Hill Samuel have begged to differ, by dragging in a live horse to their press conference at the Raffles Hotel. The horse—a dark thoroughbred meant to embody the famous
          139 words
        • Article
          Preparing for the handover hangover
          236 28 WITH three weeks to go before the handover of Hongkong to China, hotels in the colony are putting the finishing touches to their party arrangements. Some of these have become the stuff of press releases. The Ritz Carlton, for example, informs us that it is
          236 words
        • Article
          A mountain of goodies
          83 28 SHELL MALAYSIA has a good sense of humour and a big heart. It sent out an invitation to the press yesterday entitled, "Everest hero to return to mountain of work and Shell rewards!" Yesterday, the oil giant showered its employee Mohana Dass with goodies for succeufally
          83 words
        • Article
          Cheap can be expensive
          140 28 FUND manager Franklin Templeton in Hongkong yesterday launched a fund that invests in Thai equities, and Stewart Aldcroft, the firm's marketing director, as quoted as saying: "Here we have this absolutely tremendous opportunity of buying into a cheap market" Well, where have we heard this before?
          140 words
        • Article
          Taking to task
          48 28 TANGLIN MALL is having an India promotion at the moment Activities planned over the weekend include a sari show and snake-charming. The mall's frontage is suitably decorated to reflect all things Indian—except the prominent statuettes of the African elephant Someone should take them to tusk...
          48 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      53 17 PROPERTY FlNANcffifljj FROM SINGAPOREFor further information, please contact either Theodore Tan, Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package y(g The Ftoyal Bank a* of Scotland pic Six Battery Road
      53 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      479 18 Limited SBBSBf (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Thirty-Fourth Annual General Meeting of the Company will be held at 53 Übi Road 1, Singapore *****8 on Friday, 27 June 1997 at 11.00 a.m. for the following purposes: As Ordinary
      479 words
    • Advertisement
      Page 18 Advertisements Column 2
      675 18 BUSINESS \()f/('('S Io a<l\crtisc call toll-!rcc I SOU 4 I INS.* ISBSSHH] To SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tc!: 740-1493 Fax 740-2216 I wish to subscribe to the QuickSiock's Portfolio Manager as follows (please tick the appropriate box; prices iitcludc GST). Subscription Period
      675 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      108 19 w Jbr/ust 7?M260. a you get deluxe single accommodation wit ft c omplimentary huffet kreaJtfait t/ie Cjoncorde Jlotel S/ia/i r JHam, as well as a car at your disposal. you're 1 in cSfia/i **7/lam for 6ustnexs, you our offer. >all us fo r more information For farther information or reservations,
      108 words
    • Advertisement
      Page 19 Advertisements Column 2
      435 19 r FACT Realtime Accounting Software now on Windows 95 Just launched. FACT Reports now generate all reports from FACT in true Windows 95 environment. Presentation quality printouts on laser printer. Naturally, all the reports are real-time, updated with all the transactions entered up to that point in time. No waiting
      435 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      130 20 :H HERAEUS PRECISION ENGINEERING supplier of electronic materials with manufacturing plants in Europe, USA and Asia. It also provides customers with leadframe design support, Officer of Heraeus Holding GmbH for ftylng The Singapore plants provide products and services to customers in In to jofnosw this happy occasion: ACCAM Singapore, ASEAN,
      130 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      704 21 NOTICE Concerning Merger MITSUI TOATSU CHEMICALS, INCORPORATED (the 'Company") (J ¥20,000,000,000 4 per cent Bonds due W* with Warrants 77. per cent. Bonds 1998 ¥20,000,000,000 ¥10,000,000,000 SJO per cent Bon* 2000 per cent Bonds 2001 yjiHH Tart.,,,,;. ■■■rt.,,,,;. < -s-> i J iojiju LnffTMcan (asm; lio miisui lOidii tncfiNcm, incorporatfo
      704 words
    • Advertisement
      Page 21 Advertisements Column 2
      51 21 The Alcatel One Touch Pro With I Extended Battery Life Connects I You To All The Right Places. I Telecom Bills Taxi Hotlines Airlines Banks I I i V I Only I $608* R (GST included) H p»* KJ Save Up To $422 With Sing Tel Mobile Special GSM Package!
      51 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      78 22 INTRODUCING OUR NEWEST Grand Plaza Hotel is pleased to toast the opening of our newest, coolest sensation: Vino's Wine Coffee Bar Savour the libations of our international wine list, selected from the Bordeaux region in France* to the Rhine Valley of Germany. Whether it's coffee or the relaxing pleasures of
      78 words
    • Advertisement
      Page 22 Advertisements Column 2
      1 22 cats
      1 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      28 24 For real-time stock information, Scall 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
Page thumbnail Page 25
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      30 26 if! McQuoy O.Y.L. Sales Service (S) Pte Lid Tel: 250 2966 (Sales) 258 8698 (Service Mine) McQuoy Air Conditioning (S) P»e Ltd Tel: 356 6438 (Sales) 258 5165 (Service hotline)
      30 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      56 27 NO WITHDRAWAL FEES AND NO HIDDEN COSTS. GET UP TO 3.33 TIMES FINANCING. Tlll(ll IHANK MARGIN TRADING AGC< H NT. GAI I. 71 j/ |<>1 \A CITIBANK 11 I' II I s I (> SII I I I, s k 11 \K I K< \I I I I U(I I
      56 words
    • Advertisement
      Page 27 Advertisements Column 2
      26 27 For Home or Offloo deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotfine 1800-749-2577.
      26 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      731 28 BUSINESS Notices HBM PRINT LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Third Annual General Meeting of the Company will be held at 745 Toa Payoh Lorong 5, HBM Building, Singapore *****5 on 27 June 1997 at 10.30 a.m. for the following purposes: As Ordinary Business
      731 words
    • Advertisement
      Page 28 Advertisements Column 2
      350 28 THE COMPANIES ACT CHAPTER SO SECTION 290(2Xb) NOTICE Of RESOLUTION SWISSRE ADVISERS (SINGAPORE) PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Swissre Advisers (Singapore) Pte Ltd held at 1 Raffles Place *60-00 OUB Centre Singapore *****6 on the sth day of June 1997, the following special
      350 words
    • Advertisement
      Page 28 Advertisements Column 3
      494 28 i(F,O.B] FUJI OFFSET PLATES MANUFACTURING LTD P 3 NOTICE IS HEREBY GIVEN that the 14th Annual General Meeting of F FUJI OFFSET PLATES MANUFACTURING LTD will be held at its 3 registered office, 54 Tanjong Peniuru, Singapore *****5 on Saturday, k 28 June 1997 at 11.00 a.m. for the following
      494 words
    • Advertisement
      Page 28 Advertisements Column 4
      417 28 To advertise call toll-free 1800-*****83 M THE MATTER OF THE COMMMES ACT, CAP. SO Pursuant to Sactton 290(2){b) PAN-MALAYSIA ESTATES (PRIVATE) LIMITED (In Merrbers'VMuntary Winding Up) At an Extraordinary Ganaral Meeting of the abovenamed Company duly convened and held on 4 June 1997 Vie following resolutions were duly passed AS
      417 words
    • Advertisement
      Page 28 Advertisements Column 5
      457 28 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 199? Annual General Meeting of the shareholders of the Company will be held on Monday, 30th June 1997 at 11 a.m. at No. I Third Chin Bee Road. Jurong, Singapore *****9 to transact the following business AGENDA 1. To
      457 words
Page thumbnail Page 29
  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      197 29 Bridge News Reuter TUISDAY marked a general chanfe in attitude for Panamaxee with the outlook more humah. brokers seid. Even in ths eeel«we leasbrnmer of hope that ratee have stabilised and are poeeibly a "tad" firmer. Futures set off on a ftlm nHe from the outset it has
      Bridge News; Reuter  -  197 words
    • Article
      MARITIME STOCKS
      23 29 PBS=2B 2 I JL— g. SBBym i, Iff «aah mo ZZi mi 3SSfSS ®3S SswsrJs ss SSS&n«5 *5 TSm Source: BRIDGE
      23 words
    • Article, Illustration
      Lock icon LPG fleet overcapacity may limit market recovery
      524 29  -  Deqrte rise in trade TOhnne, continued restraint in newtafldingardersis HMMirnft By] Marcus Hand [SINGAPORE] Overcapacity in the liquefied petroleum gas (LPG) carrier market could stall a recovery in freight rates despite a forecast of 50 per cent rise in seaborne trade by 2010,
      FILE PHOTO  -  524 words
    • Article
      Lock icon Canada ports' int'l cargo hits record high
      325 29 BrtdMMfftkP* shipments continue te elide News Page [MONTREAL] Canada's 200 major ports again handled a record level of international cargo in 1996. However, total overall tonnage declined 0.7 per cent as-domestic shipments continued a decadelong slide. Total international cargo reached 260.3 million tonnes,
      News Page  -  325 words
    • Article, Illustration
      New HK shipowners' group chief wants to make an impact
      643 29  -  SHIPSHAPE By\ David Taylor Hongkong shipowners Association (HKSOA) will stage its own handover on July 1, when Arthur Bowring takes over as director, and Michael Farlie retires. "It is good to be in a position where you can make an
      643 words
    • Article
      Lock icon MISC to buy 5 chemical tankers from Hyundai
      324 29 AFP [KUALA LUMPUR] Malaysian International Shipping Corp (MISC) said on Tuesday it had sealed a US$225 million (*****.7 million) contract to buy five chemical tankers from South Korea's Hyundai Heavy Industries Co Ltd and Hyundai Corp. MISC managing director Ariffin Alias said
      AFP  -  324 words
    • Article
      Lock icon Ugland orders £34m car carrier
      156 29 Reuter [LONDON] Ugland International pic, the British shipping group, said it was investing £34 million (5578.8 million) in a new car-carrying ship after signing a contract with Japan's Tsuneishi shipyard. The contract ihcludes the option for building two more similar vessels, each of which will
      Reuter  -  156 words
    • PORT Shots
      • Article
        Lock icon Kawasaki and to boost capacity
        26 29 Reuter SmmfW tminm mm <li imiii nfflii iTilrriifllliif iTTrrnrri «i«» Kot*pl*nttt««rty*the summer of lWi.Anotbw Imptimi ililtfrnTKhr Miflrnwujlmn ll«iimi» Hint f ff
        Reuter  -  26 words
      • Article
        Lock icon Halla S'pore ship orders
        20 29 Bloomberg 1 fo 7*5 'M^n IHMIIIWIII Tht 170.00fr-tottS»ahiptwin &> of in ttttmfcldte of 196 M company gfao»t*ry
        Bloomberg  -  20 words
      • Article
        Lock icon Pertamina
        2 29 Bloomberg
        Bloomberg  -  2 words
      • Article
        Lock icon s
        13 29 Reuter will tocrmm ShandoaTt H capacity ftftwrtfcr containa? to ataniclk^i^ 1J jpgffJfjli&yj
        Reuter  -  13 words
    • Article, Illustration
      Lock icon Slump has yet to hit bottom
      1129 30  -  COMTAIMSBt SHIP CHARTERS: MARKET IN THE DOLDRUMS A flood of newbuildings and wide choice push down rates but lay-ups are unlikely while current demand persists By. Francis Phillips Lloyd's List THE containership charter market continues to soften and separate out, with individual older or
      Lloyd's List; FILE PHOTO  -  1,129 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      276 30 PACE Ethiopian 6 lci n Eurohans 6 AM. 3 Evergreon 6 Accord 12 f***" 7 Appenship 5 FL-Bright 6 Astro 3 FoongSun 12 Austral 11 GUnk 4 A vant 6 Gemartram 13 BSA 7 Cewhpg II BatMindo 7 GlotHM 7 B'tang Mas 12
      276 words
    • Article
      SHIPPING GUIDE
      14515 36 THEBUSINESSTIMES EXPORT CTA ETA A*»«00r VPUPl VoyM* TpMpRw. ETA ETA A**rtM.r VP»M *T brtt'n M«m« HstT* wH^^MaiM^MMiPOM^M^MMOMiNMOMMMMMMMnHIMMMMMMMMOMMlMM ft BUENAVENTURA(BUN)2099 A Colombia ft ABIDJAN IABJ) 2003 tvot am a»$A wwhaihungvjhz vitosb »hwo» Ivory Coast, Cote D'lvoire »/oo 21m cimsa g.well *7h/florc vmu os-smhm 0/M MJ COSCO TAOMC MO OS-ZZMOM
      14,515 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        559 43 its* Voy Mo Bftl> Arrtvrt Otfrfrt •Mm Sara ***** J02 tonpM 1106/2300 R Afrizai Juna12 J01 alongside 12.06/0800 R IT J *****7 JOI lll«|ll<l I106/U30 RIM999 *****7 JOI Him!* 1106/1600 RMtra Jay *****7 JOI along** H06/Q00 mOtoLMt *****7 JOI alongside U.06/000 R S Makassa *****7 JOI atongsida n.06/1600
        559 words
      • Article
        CONTAINER SCHEDULES
        1654 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO BooMnq/MMict lith SI# Voy Mo Etfc/Btr Pw1o< Froa T« Tnm *au* o*w 14/hoo u n/isoo nn wmo a IVTO0 I/MM 0,0400 O/OTOO anm a/woo 4 U/OOO U/M59 0/1700 Malta 2<m h/otoo wnoo iv*» n/mo" m WB00 IV»H 'V*900 a VT700
        1,654 words
      • Article
        GLOBAL HOLIDAY
        171 43 JuM Hong Kong H.M.The Queen's Birthday. JaS Sweden: Midsummer Day. Ml Canada Canada Day. M 4 United States: Independence Day. MM France: National Day. United States: Independence Day. JalU Brunei: H.M. The Sultan's Birthday. Jall7 Brunei: Maulud Rasul. Indonesia Birthday of Prophet Mohammed.Malaysia Brithday of Prophet Mohammed. Jal
        171 words
      • Article
        COCKETT BUNKER MARKET REPORT
        867 43 THIS report, compiled by Cockett Marine Oil Ltd, shown price ranges In US dollar* Instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movement! are indicated. The Cockett Bunker Price Index chants and the
        867 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        336 43 mo 0.7 *0 0.10 IM t JmS OmMt Water NmMm A* AImMw Ho Mow E25 0 0 I 0 0 H* MO AM *M OJ 12.4 0.07 35 iM* t— MOMM «i tO 16.7 0.10 M 0.06 »W» »HWi >m mmt »Mm635 n 0 Q p
        336 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Schiphol Airport plans to expand into North Sea
        462 44 Option the best of three to emerge from feasibility study on increasing Dutch airport's capacity Reuter [AMSTERDAM] Amsterdam's Schiphol Airport, squeezed for increased capacity, plans to construct a runway on an artificial island in the North Sea some 10 kilometres off ihe
        Reuter  -  462 words
      • Article, Illustration
        Lock icon China's biggest car show begins
        380 44 World's car makers dream of penetrating China's potentially large market Bloomberg [SHANGHAI] China's biggest auto fair kicked off yesterday, with the world's largest automakers on hand trying to crack what many believe will be the world's top market in the next century. That dream is
        Bloomberg; AFP  -  380 words
      • LOG Book
        • Article
          Lock icon Kia set to make inroads into Japan
          112 44 AFP [SEOUL] South Korea's Kia Motors Co will start exporting its sports cars to Japan next month with an eye to secure a foothold in the highly competitive market, a Kia spokesman said yesterday. Kia plans to ship 50 Vigato sports cars next
          AFP  -  112 words
        • Article
          Lock icon Italian car market surges in May
          67 44 AFP [ROME] The Italian auto market went into overdrive in May as registrations of new vehicles jumped by 43.23 per cent by comparison with May last year, to 232,600 against 162.399, the Transport Ministry said on Tuesday. New vehicle registrations for the year's first
          AFP  -  67 words
        • Article
          Lock icon Nigeria Airways gets round flight ban
          70 44 reuter [LAGOS] Cameroon Airlines will from next week fly Nigeria Airways passengers to London to beat a mutual flight ban imposed by Nigeria and Britain on aircraft registered in both countries, the Nigerian airline said. Nigeria Airways spokesman Chris Aligbe said Cameroon Airlines would
          reuter  -  70 words
      • Article
        Lock icon AMR confirms order for seven B777s
        243 44 Bloomberg [DALLAS] AMR Corp's American Airlines said it will buy seven Boeing 777 wide-body aircraft valued at US$l billion (551.42 billion) as part of its plan to make Boeing its exclusive supplier of airplanes for the next 20 years. When American announced its sole
        Bloomberg  -  243 words
      • Article
        Lock icon Microsoft, Amex delay Internet service
        142 44 Bloomberg (NEW YORK] American Express Co and Microsoft Corp will delay the debut of their Internet travel reservation system until this fall, months later than originally planned, because development took longer than expected, said an American Express spokesman. Last July, American Express and Microsoft jointly
        Bloomberg  -  142 words
      • Article
        Lock icon Flat aims to enter emerging markets with its 178 project
        317 44 Reuter [BRUSSELS] World car sales growth is shifting to Latin America, Asia and Eastern Europe, and Italian mass car maker Flat said on Tuesday that it meant to capture these new customers. Fiat Auto SpA president and chief executive officer
        Reuter  -  317 words
      • Article, Illustration
        BA to increase services to Singapore by 40%
        465 44  -  By Felix Chan (SINGAPORE] British Airways yesterday said it will increase the number of services to Singapore by 40 per cent by April next year. The airline currently has 10 flights a week to Singapore, with seven continuing on to Brisbane. Two
        465 words
      • Article
        Lock icon Renault to study options to Belgian closure
        79 44 Reuter [PARIS] French car maker nault said on Tuesday it m commissioned an independent study to explore alternatives to the proposed closure of the VUvoorde assembly plant that sparked an outcry in Franos and Belgium. The decision, coming lan than two wee)u after
        Reuter  -  79 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1105 44 MaM* "5 mo "JS 2MB j"* 3H !!!!1S Jff S0229 2220 IMYri ***** 2105 ***** 0020 tmtutm 0043 0455 RUM ON *gj 0125 0655 012* 2355 MCMM* «7« WO SOT2 0930 S025 0655 S026 2355 S0I71 M20 S0V74 MB nSS 1455 som 1905 VN740 MO A
        1,105 words
  • Page 29 Advertisements
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      775 30 vtssa VOT om van sm u m vtssa wi ma mm mn hi an sm mnru s«wuo ~w/m n/M W* \iju~ f| wbimmunun nT m/m m/m m/m m/m ii/m h/m KFHMI AUXANMMI 31W521 14/05 M/M M/M M/M W/M MttMMMT 14C M/M M/M M/M 11/ M W/M M/M UWSMT OWR22 M/M
      775 words
    • Advertisement
      Page 30 Advertisements Column 2
      639 30 Un— t —rvto— riofmi«nl /cfijjßfiKy by Mambws o( RagMy of M«nb«r» <* i» iiVfiV// AccradMad Sniping Aganta. SUUfij Sngapow Frag* ftWNI S txxe NaMonal Shipping Assoc Aaaoc«*>n. SOVO EXPRESS PTE LTD Tel: (65) 222 51 1 5 Fax: 165) 221 5115 EXPORT 3 x Japan -2 Hongkong -1 Mania •1
      639 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      893 31 PAOfK SOUTH WIST EXPRESS (DIRECT) ALSO ACCEPTING MANAUS 1 vessb. I vnr I» I win lamp lua pm. «a» |oi nyc m. hom__ Jg_ _gL_ in JMM ~OuT 09/06 11/06 12/0* 27/06 01/y 02/17 jl/V_ J3/07_ _02/jj7_ W/87 M/ 07 inttA OUT 16/06 11/o* 19/06 04/07 oj/g_ _g/g_ .g£7_ JO£L-
      893 words
    • Advertisement
      Page 31 Advertisements Column 2
      1868 31 (g) HANJIN SHIPPING IlimTtinvi/rr mm 1% "1 su H5 im iqp cm BT mm nt Imm| mm I oos wt< |oml m m jmimjm ll IIIiUOMSUGOIOf ~n7ir 11/ M I »3/«7~ OS/07 04/07 M/ 07 M/ 07 M/ 07 QS/07 M/ 07 00/07 M/ 07 M/ 07 11/07 ~01/07 105/07
      1,868 words
    • Advertisement
      Page 31 Advertisements Column 3
      83 31 ORIENT EXPRESS UNES (U.K.) LIMITED Oil- (MANAGER FOR SHREYAS SHIPPING LIMITED) jwwj WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE^ VtSSB VOT SINGAPORE KMttAY VBStl *OY MM SMINtE NORDKAP 412 17/06 24/06 NORDKAP 411 09/06 17/06 KEDAH 001 24/06 01/07 LEERORT 918 16/06 23/06 SINARTOBA 213 30/06 07/07 SINAR TOBA 212 23/06 30/06 SINGAPORE
      83 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1047 32 <?c DSR-SENATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT IvovHfS rim 1 war ham ru lamt um ll vessel [wt um htm |mv [ham nx |ant fSTJ ■aSvaSiffrSßor IFrnttiW "miT ITS' ~SW "55T rv «n choyams want eetm ism annmam nm HNUHIMMEIJiS Wf7T7IISM 1717 MMTOCI 578 IS
      1,047 words
    • Advertisement
      Page 32 Advertisements Column 2
      1175 32 NORASIA VMEL VOVI «M 00* US Kl VAL ALO ROT MX ANT FEL LMA I NORSHAfUAH 9723-3 IMB Ml 9M7 18*7 1607 IZ>V7 17/17 IM7 11*7 Hi? I KSC RAfAELA 1724-3 I ISM I IW7 IM7 IM7 22*7 TZKI 1107 2407 17/17 I*o7 1607 I NOR SM6A 9725-3 KMI IM7
      1,175 words
    • Advertisement
      Page 32 Advertisements Column 3
      447 32 UNII Jt TILi UMMI MUb MIIMM i MUW* i i maujuaa vissa vor n» iu vissa vor n» m sroai muia vm IM meurn vm/v n/o* is/m am curt vi«/»7 ii/m u/m jnusm VI4C/97 \r/u m/m jpkkpb vi«/»7 u/m n/M MttGUXT VIS/I/ 71/ M M/M APMCUKT VIS/ I XI/M B/M
      447 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1286 33 111 m I [ll 2i3U||mli9lli9l Br VOY SIN POU PKO PEW I JKT IMA IRAN VAHDAT PJC-1237 26/05/97 23/03/97 22/03/97 20/08/97 SMSSSi w»» ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES LE.«ARBAUAN ARMENIA. KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN. KIRGISTAN, TADZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT X SINGAPORE I
      1,286 words
    • Advertisement
      Page 33 Advertisements Column 2
      727 33 COST Aft SHIPPING PTE LTD #17-N NS BUG SALES/BUGS *****41/43 NfWAKD DIPT (D/f) *****15 COSTAR AGENCIES (M) SDN BHD |at HO; H7B7WOOOOM TOWIIIWO (*****0) CQWVBmomi *****50/55 T/SHPMT DOT *****25 TH;O2-07-35 301 M FAX; 02-87-*****70 w/vor [»~\m sua xia mo n Ml m m w/w wvw mm m at m nb
      727 words
    • Advertisement
      Page 33 Advertisements Column 3
      485 33 f /_J_ IPERKAPALAN DAI ZHUN > !§§y TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 nctmi fAmsr nuuunA ao au mm mKAmT~2 Ami ***** 14/ M GUOO 4754 IS/M R GMMf A 5247 15/ M ll OHO ***** 14/
      485 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1073 34 riiFl ROM AMW HOO TNP ZEE LHV LHV TNf ROM AMW HM PKL MP E. REPUTE RW-SM 14M M 7 «W 117 M 7 IW IW S ?f!2.5r2L, wSS«>SS 2S MM liS I. RACER RW-017 21M 11M7 1W IMJ UM7 IMJ I>M7 E MMMRM RMOI MM MM »7M MM MM
      1,073 words
    • Advertisement
      Page 34 Advertisements Column 2
      1051 34 Ivtssa votagi sop dm jmammmmmkwtim vnsa votmi dm ma am dm mm scr UNOUW *****41W 11/ M 2-J* J*** !I£X MCOMMS CM5*4171 01/04 01/04 07/04 03/04 04/04 14/04 I UMCOWBT 0441-O3SW 74/04 04/07 01/W 07*7 R/07 01/07 07/07 10/07 UN COMMA 0457-03* 04/04 01/04 01/04 10/04 11/04 73/04 Muact (Mr*
      1,051 words
    • Advertisement
      Page 34 Advertisements Column 3
      501 34 /CZI NANTAI LINE FIiUY CONTAINERISED SttVKE TO MAURITIUS SOUTH AFRICA VBSa VOT SIN PIU I PUB I (W~ jtAHMWIB QMS 21/04 29/04 04/07 H/87 wont' 01SS 27/04 04/07 11/D7 14/07 namui fwxEss oiss 05/07 11/07 23/07 mmiQUEEM OTIS 13/07 72/07 30/07 71/07 mrouptKE ous ?7/Q7 nm ivm mmimws 021s 07/0»
      501 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      570 35 i BSA ik. I M MYANMA VHUfllk FIVE STAR UNE (My—f NoNoool Um) w LM*fforYM|M(R«|M«) rasa vot sm m rai nu m i4*w a* PA9A9 mw M HUm MOTS: RMSRA9 SMPPM9 A9MOB Uk m M-9M4171M Hfc IE 9******6191 rat m h-m-mimoi m •mmjhmi/4 BANK LINE (A xrta §1 ktktm Vhk
      570 words
    • Advertisement
      Page 35 Advertisements Column 2
      1133 35 MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKG: *****32 law WW I UM I m I MH 1 MMI I M I HL I NTMMAI MSW M/M M/M M/M M/«» HTMMttI M7W IS/M M/V M/V M/V M/V M£7 M/V RTRMMBS MSR B/M M/V M/V M/V M/V M£J M/V HVMMN M7W
      1,133 words
    • Advertisement
      Page 35 Advertisements Column 3
      534 35 FAMOUS CONTAINER UNES Ijfst 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) Twice Sailing To UNITED KINGDOM DIRECT SAILING TO SOUTHAMPTON FELIXSTOWE Please call for FAMOUS MOLLY I *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 UNES) J. BAHRU PH: 0207-*****22 EX PASIR GUDANG
      534 words
Page thumbnail Page 36
Page thumbnail Page 37
  • Page 37 Advertisements
Page thumbnail Page 38
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      409 39 WMfcty LCL A FCL tfropical H HipriNt C«mral Aroanca API KOREA AftIHAIAND 016E 014£ Pbrt Country 18/06 25/06 htn Cty Mm 22/07 29/07 Barbados 25/07 01/08 Cartagmo Colombia 24/07 31/07 Cadnai St. Lucia 24/07 31/07 Fort d* Franc* Mortiniqu* 25/07 01/06 Fr—fmrt Bahamas 20/07 27/07 Kingston Jamaica 22/07 29/07 Point*
      409 words
    • Advertisement
      Page 39 Advertisements Column 2
      1107 39 ADVANCE CONTAINER UNES (PTE) LTD A I I .140 Cadi Street #12-00, PIL BuMdlng, Singapore *****0 TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK. JAMAIfA a mi—AH* to PAT. 3 Saw—l >d MAT. t SaHtoji to ICH) (4 S*m*«a/W**t T 'JgrSW «n vt«a Ivor |*r sm
      1,107 words
    • Advertisement
      Page 39 Advertisements Column 3
      784 39 ||SSg|§||M resaa* vor aw i jed I psd I i£H I mM rtm top anr MLLE DC NORMA M2Q* 16/06 28/08 37/08 28/07 07/07 o*o7 10/07 11/07 WUEOEOEMHA HaOMf 2VM oa<o7 04/07 13*87 14*87 WO7 17/07 16/07 vjxtyowoN raw aw o*o7 11/07 mm 21/07 a/07 a«/ 07 25/07 |*LLEOEVELA vaow
      784 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      889 40 Mi PT KILAWO VESSEL VOY SIN BKK VESSfa. VOY SIN XETHAIHUM Thu In PI Sun 16/06 BUNQA SEROJA 71g_ Thu InTT _Frt IM£ NANTABHUM "348N~~1t 14/06 tGT" 17/06 JARUBHUM 7361 St 14/06 Sun 15/06 AMAH BHUM 70N Sun IVO6 Wd 15oT |b.MASENAM 7509 Sun ISAM Mon 16/06 YANTRA BHUM" "i»2H~
      889 words
    • Advertisement
      Page 40 Advertisements Column 2
      518 40 PUL INTERNATIONAL LINE 'ZZ^ymm ifc IfhifeMffe SUmAYA 2 SI6S/WK fear JiLjfeAjil SB INS WOO F« 23/* MOM W® Snwiuy Iws 22E2E sbmiamb i aivwi jfewDß -f*" '♦/<?[ "on JISH: mtoM Uii m J6ZM.JKE M/ 97 JUL 97/97 KUMAM2SIGS/WK I vot jm wy mi Ssi IOMM 13fU m IS/0* |SUM N/04
      518 words
    • Advertisement
      Page 40 Advertisements Column 3
      716 40 1 ACCORD A SHIPPING PTE LTD TH.: *****56 (40 Lin*s) FAX *****46 NtTUJUK (93) 3*7 mi B m MRCCT ACCESS T&: *****57 (EXPORT BOOKING) MMCW4N6 (W)3S\\V7 *****57 (EXPOMT DOC), *****64 (IMPORT) KHUtC (H)i33)441 UMLHTTP://WWWJkCCOMD.COM.SO UUtU (31) ****** V POT ITA SIN POET ITA SIN POKT ITA SIN POtT 5 SIM
      716 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      579 41 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI J S (*****7 J.TEL: *****00 FAX: *****08 TLX: R*****1 3INOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VBSa VOYAGE ETA SJW ETAHKG ETA SHA MfWHAIHUNG 9702 13/06 17/06 22/06 6000 WHI 9716 20/06 25/06 29/06 6000 LUCK 9716 27/06 02/07 06/07 NEW HAIHUN6
      579 words
    • Advertisement
      Page 41 Advertisements Column 2
      427 41 NELS Iwl^^vvvv pdumo:^'Sum SSami'ilStmmr SuStuScmfSim HBJiaWMW JP!CtI)W»WIOtTO»MW IX PORT KELANO TO HONOKONO MV "CHOYANO IXKUI' V.723N ETA PKG 15-6-97 BKO CALLt HIBW/ VIVIKM/CHMMYL fit **********7 MMSBANt/SYPIIEY/lIIEIBOURMiI AUCKLAND mv kvk Nonwcr voss mv *hibiw van ETA SIN: 14-6-97 EIA SIN: 15-6-97 piMANc mim MV 'LUCK* V.7036 ACX CLOVU 0288 ETA SIN:
      427 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      698 42 Shipping Times -BUSENESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. M J:' I Call 740-6000 Press "1" key in Document Code Key
      698 words
Page thumbnail Page 43
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      112 43 LKBA R Thunderstorm Temperature e^, V Shower Weather Wind direction with speed in knots Rain V^/ Cloudy Sky Wov h# *o h «««eot«d by orrewt Wkidi My wrtt the wind One ful circle represents calm or fight and variable winds 1— One ha* Heche represents 5 knots L» One K4
      112 words
Page thumbnail Page 44