The Business Times, 26 June 1997

Microfilm: NL20786
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 023/12/96 85* 21 SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, JUNE 26,1997
    13 words
  • Article
    MARKET SUMMARY
    45 1 65i~ OMU OE3m+S.77) «*c«p^5SS_^S mum njtnxi-—+xsiM RAW) 8KM1 IMik.02 +174.06 SET INDEX mn >190 .JAKARTA COUP 7114* 4M MANILA COUP SffUS +I1JS Taipei wn *»mi +»m SMOULCOMP 744JC -&7I CL8A CHINA B _UttM *M AifiT ALLOW tmi +14.7 IJHm Cknce DOW 7,7f754 -958
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  • Article
    FINANCE
    49 1 ■wUnlilH Ik. 081 81 —1.«7 i ijk —n» DM- MM MM YEN1M UN IJM M UN ISM ■n i» aim «/urr mm mm tDPIAR IM HM1 8868 mmwaff.-: ttHDW a» .1. W 8fii_ mi gr s Ml 11.75 anr u» mumnm- am LONDON Itt w»w« (Source: NatWest Bank)
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  • Article
    Chinese property buys in Taiwan spark concerns
    541 1  -  Taiwanese see deals as Bering's ploy to gain economic dont on island From Bruce Cheesman in Taipei THE prospect of a property buying spree in Taiwan by Hongkong "red chips" has sparked concerns here that Beijing could be eyeing greater influence in Taipei
    541 words
  • Article, Illustration
    VDH share, warrant prices regain some lost ground
    381 1  -  By Ven Sreenivasan [SINGAPORE] Infrastructurebased Van Der Horst (VDH) rebounded strongly yesterday after the company reassured investors that its poor firsthalf performance was a "oneoff" problem, and that the second half would be better. The Indonesian-controlled company's stock surged 14 per cent
    381 words
  • Article, Illustration
    Lock icon Tye Soon shares race to new high of 53.5 cents
    306 1  -  By i Christopher Tan [SINGAPORE] The share price of automotive parts dealer Tye Soon jumped 10 per cent to a new high of 53.5 cents yesterday, bringing the premium over its offer price of 31 cents about four weeks ago
    Source: Bloomberg  -  306 words
  • Article, Illustration
    Lock icon HK stocks surge on MFN renewal
    448 1  -  Investors, businessmen welcome US decision on China's trade rights From] Loh Hui Yin, Leon Hadar in Washington HONGKONG stocks surged 174.06 points, or 1.17 per cent yesterday as investors, officials and the business community welcomed the US Congress' decision to renew China's trading rights
    REUTER  -  448 words
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      96 1 WMduis point Centrepoint Properties is finalising tenancy deals tar its Causeway Point bmUI in Woodlands, Pf It Hongkong gold refiner and property developer Tem Fat Hing Fung plans to Bst in KL as early as out year, Pf22 spsnd $1.5 billion to build a second business park in Oisngi, Pg2
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      17 1 Knonintang stops buying shares in red chips, Pg 6 Stocks of HK media firms rally, Pg 21
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      347 1 Ewpxhtte to nmt yrwl workfrrxp demands Oeajned for netwrerfc tfumj 12 ppm with HP's Pmter Command Language 6 (PCL6) m i HPIJ4VS4MV* y For rmd-vokme network pmtng Ideal for smafl to nrsd-sue wortfwp 16 ppm w«ti A3 we prrtmj HP's tnin| departmental pnnter 1 Easy network manageaMrty 24 ppm to
      347 words
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      10 1 Vote a victory for Clinton *s$ trade agenda, Pg 13
      10 words
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  • SINGAPORE AT HOME A ABROAD
    • Article, Illustration
      Govt to spend $1.5b on Changi business park
      368 2  -  jjPVk, twie# tie size of that in Jnroßg East, 'aim! to woo central distribwtien companies \By\ Diana Oon jjThe government will be spend ring $1.5 billion on its second business park, ih Changi, said v jurong Town Corporation .iCfeairman Wong Hung Khim
      368 words
    • Article, Illustration
      URA puts 20,302 sq ft Victoria St site up for sale by tender
      247 2  -  99-yr leasehold land can yield 110-room, 16-storey hotel ffy< Jenny Lam The Urban Redevelopment Authority has launched a tender to sell a land parcel, earmarked for hotel development, at Victoria Street. The 20,302 square foot site, located
      247 words
    • Article
      Sin Soon Lee associate eyes M'sian development jobs
      326 2 SIN Soon Lee's associated company in Malaysia is hoping to launch two more development projects there a hotel and an industrial park, SSL chairman Lim Kim Chong said yesterday. Sin Soon Lee Realty (Malaysia) is already developing 160 units of apartments in
      326 words
    • Article, Illustration
      Lock icon Weekly work hours up last year
      320 2  -  EYE ON THE ECONOMY Labour By. Audrey Tan APART from transport communications, the key sectors of the economy saw a marginal increase in average weekly hours worked last year, figures from the Ministry of Labour (MOL) show. Across the board, average weekly hours worked
      Source: NOL  -  320 words
    • Article
      Leng Beng to chair hub-services panel on competitiveness
      265 2 KWEK Leng Beng, executive chairman of the Hong Leong Group, will chair the hub-ser-vices sub-committee under the newly-formed Committee on Singapore's Competitiveness (CSC). Members of the sub-com-mittee, one of five under the CSC set up by the Ministry of Trade Industry to
      265 words
    • Article
      Simex traders welcome German trades
      463 3  -  But some prefer a hmim linkup; locals not familiar with German products By\ Siow Li Sen FUTURES traders have welcomed the addition of German futures contracts on the the Singapore International Monetary Exchange (Simex), but say they would have preferred a tie-up with the London
      463 words
    • Article
      EDB cuts bond period for US, UK scholarships
      226 3 THE Economic Development Board (EDB) has again cut the bond period for its undergraduate scholars, but this time, it is for those who are studying in the US and the UK. The new bond period for these scholars is six years, down
      226 words
    • NEWS Roundup
      • Article
        BG Yeo in HK,Manila for meetings
        52 3 THE Minister for Information and the Arts and Second Minister forTrade and industry, George Yeo, will be in Hongkong today until July 1 for the 1997 Pacific Rim Forum. BG Yeo will then attend the 15th Asean Ministers on Energy meeting on July 3-3
        52 words
      • Article
        AFP launches 5th achievement awards
        38 3 THE Asean Business Forum yesterday launched the 5th Asean Achievement awards to pick 12 outstanding individuate for their contributions to the arts and sciences. Presentations will be made in Jakarta on Aug 7.
        38 words
      • Article
        Keppel Bank buys IBM system for $12m
        82 3 KEPPEL Bank yesterday signed a $12 million contract to buy an IBM computer system that provides salae and servicing support for its frontline staff at branches. The staff wiU be abte to provide product information, financial analysis and planning, loans and deposits balance
        82 words
    • Article
      Shell to cut production at Bukom next month
      312 3  -  By\ Ronnie Lim SHELL, the largest refiner here, plans to cut output at its Pulau Bukom refinery next month as margins are expected to come under more pressure because of surplus regional capacity. It had planned to reduce runs in the latter
      312 words
    • Article
      S'pore to offer technical help to developing nations
      275 3  -  Aim is to share its experiences PM Goh at UN session By, Audrey Tan SINGAPORE is offering a technical assistance programme to share its development experience with developing countries, Prime Minister Goh Chok Tong said in New York yesterday. The Singapore Technical
      275 words
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      326 2 V*>«T ,< OI v i A PP Ie H the rastest notebook The new Powerßook 3400c/240MHz It's more than just blinding speed. Faster than any laptop computer on the planet, and faster than many fully-decked the Powerßook 3400 c is computing that have been waiting Uncompromised desktop-in-a-laptop power has arrived,
      326 words
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  • Page 3 Advertisements
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      74 3 f H MIKIMOTO 1 The Originator of Cultured Pearls Since 1893 Christofle Paris SS2I3 wMfcGST Pavilion Christofle The Shopping Gallery, 902-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle-. Robiasoas 176 Orchard Road, Level 4, Centrepoint, Singapore *****3. Itetaa Scatts Level 4,350 Orchard Road, Shaw
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      196 3 WE'RE CHANGING OUR COLOURS INJUNE |3l Lloyds Hill Islßank w but here's our commitment to you in fSHKhandlwhite 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
      196 words
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  • FOCUS: PROPERTY
    • Article
      HDB resale market stays stable
      517 4  -  Little change in market sentiment expected until alter the Ghost Month ends in September By* Abdul Hadhi [SINGAPORE] Resale prices for Housing and Development Board (HDB) flats and transaction levels continue to hold, with experts expecting little change in market sentiment until after the Ghost
      517 words
    • Article
      House Hunt
      869 4 HDB transactions from May 19 to Jum JO, 1997 Vmj MSftt OORIMCT BUUHN KM jw LDCtnOW DCWCT Dffi SOFT) Eft 2-Room (Improved) j AJuntedCres 1436 Z9Q5/97 505 120 3M 2-Room (Standard) Commonwealth Drt*» 314 06/06/97 527 92 ifc JkiPnarBahru 1440 0906/97 344 06 337 lamanHoSwec 316 12/06/97 344
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    • Article, Illustration
      Lock icon Raising HK land supply a priority for SAR govt
      840 4  -  MM also to boost business efficiency to keep competitive edge By\ David Faulkner The writer is a consultant with Brooke Hillier Parker in Hongkong AFTER nearly 13 years since the signing of the Sino-British Agreement, the transfer of Hongkong's sovereignty to
      FILE PHOTO  -  840 words
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      378 4 PRIME DEVELOPMENT SITES FOR SALE BY TENDER I 30 HILL STREET VY Commercial Site (Former US Embassy) /Ar Site area: 30,838.9 sq ft approx. Tenure: Freehold/125-year leasehold. o tfv Zoned commercial; potential Gross Floor Area: "Cc 127,605.6 sq ft a^ r o.//cyf /if Outline Provisional Permission (OPP) obtained. 5 /y
      378 words
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      93 4 INDUSTRIAL BUILDING -MACPHERSON VICINITY— HI Strategic location I Easy access I Lettable area 36,600 sq ft I Land area 19,200 sq ft EXCELLENT FOR CORPORATE HQ FSSSH SONTEC TOWER ONE A the penthouse FOR COMPANIES WHO NEED 1 1 QUALITY SERVICES, FACILITIES BUSINESS CENTRE I PROFESSIONAL MANAGEMENT >• Fully Furnished
      93 words
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      7 4 Singapore Business Giving you the winning edge
      7 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Vietnam flagship bank denies cash crisis in system
      241 5 HANOI Reuter VIETNAM'S flagship stateowned bank has hit back at reports of a cash crisis in the banking system, maintaining that regulatory obstacles are to blame for occasional delays in debt repayments. Vu Viet Ngoan, Deputy Di-rector-General of Vietcombank, told Reuters late
      Reuter  -  241 words
    • Article
      Foreign miners confused over new Indon guidelines
      370 5  -  JAKARTA Uncertainty over when roles take effect; miners aid to be refusing to comply By\ S N Vasuki CONFUSION persisted in Jakarta's foreign mining community yesterday over new investment guidelines by the Indonesian government. The new guidelines, reported by BT on Monday, call
      370 words
    • Article, Illustration
      Lock icon Feathered fare
      46 5 [HO CHI MINH CITY] A young vendor feeding birds in his shop at a bird market in Ho Chi Minh City on Monday. Many birds are captured and killed in response to demand firm restaurants whose practices have been denounced by ecological authorities. AFP
      AFP  -  46 words
    • Article
      Fall in Manila's balance of payment surplus
      357 5  -  MANILA 3&B%dminQldueto spillover effects of Thai baht debacle By. Al Labita THE Philippines' balance of payment (BOP) surplus fell 35.8 per cent to US$57O million (SsBl3 million) in the first quarter due to spillover effects of Thailand's baht debacle, officials and economists said
      357 words
    • Article
      Lock icon Thai govt slashes spending in tight-fisted 982b baht budget
      357 5 BANGKOK AFP THAILAND'S government unveiled yesterday a tight-fisted budget for the year to September 1998, slashing spending and boosting revenue to balance the budget amid an economic slump. Prime Minister Chaovalit Yongchaiyudh kicked off the three-day parliamentary debate on the 982
      AFP  -  357 words
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      278 5 m *J j 1 j- "*>« Up j •I -I i i J a How do you tell who's made it. Achieved a Whether it's something as simple as certain amount of success. cashing a check, or as important as seeking new How do you tell who's savvy enough to
      278 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Kuomintang stops buying shares in red chips
      501 6  -  TAIPEI But head of HIT'S businesses optimistic about HE'S property, stock markets By\ Bruce Cheesman THE business arm of Taiwan's ruling Kuomintang (KMT), one of the world's richest ruling parties, has imposed a freeze on buying shares of red chips listed in Hongkong.
      501 words
    • Article, Illustration
      Everbright shows way to privatise state banking
      662 6  -  CHXXA WATCH But dont expect more banks to follow snlt any time soon By Lu Ning LAST week, Zhu Xiaohua, the low-key chairman of China Everbright, did something once thought almost impossible. Yet the non-Chinese-language media paid little attention. He single-handedly led an
      662 words
    • Article
      Lock icon China auctions off 3 state firms' property
      330 6 BEIJING Reuter CHINA took another small step toward forcing inefficient state companies into bankruptcy yesterday when it auctioned off the property of three failed concerns. Several hundred hopeful buyers crowded into a Beijing auction hall to bid on the remnants of three companies,
      Reuter  -  330 words
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  • HONGKONG'S RETURN
    • Article
      Lock icon SM meets outgoing Governor Patten
      393 7 HONGKONG After sovereignty transfer, Patteo to spend Smooths in France to write book on Europe-Asia ties The Straits Times SENIOR Minister Lee Kuan Yew met outgoing Hongkong Governor Chris Patten yesterday, five days before Mr Patten gives up the post for the last time. The
      The Straits Times  -  393 words
    • Article, Illustration
      Lock icon World Bank lauds HK'S graft busters
      337 7 HONGKONG But it warns of problems as agency reports to one person Reuter THE World Bank lauded Hongkong's Independent Commission Against Corruption (ICAC) yesterday for cleaning up the territory but cautioned that the graft watchdog was not without its problems. In its annual World
      Reuter; AFP  -  337 words
    • Article
      Lock icon Tsang: unwise to change monetary system after July 1
      293 7 HONGKONG Reuter HONGKONG'S Financial Secretary Donald Tsang issued a strong message of stability and prosperity yesterday, just days before the territory's return to Chinese rule at midnight on June 30. In an interview with Reuters, Mr Tsang restated the continuation of
      Reuter  -  293 words
    • Article
      Lock icon Former Chinese ambassador to head Xinhua in HK
      153 7 HONGKONG AFP CHINA is to assign Jiang Enzhu, its former ambassador to Britain, as the next head of its official Xinhua news agency in Hongkong, a report said yesterday. Mr Jiang will replace Zhou Nan as the head of Xinhua, which is
      AFP  -  153 words
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      166 7 t 1 I r— t i Dive into our colossal cocktails. i Then surface forthe most exotic seafood above sea level/ HI V a un f mes come in They go rdther well with Ihe fare, we might add. is priced at a mere S33*++. And we're open for dinner
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  • ASIA
    • Article, Illustration
      Lock icon Japanese business mood shows strong recovery
      515 8  -  TOKYO BOJ survey results send stock prices, yen rising while govt bond market sees sell-off By, Anthony Rowley A STRONG recovery in Japanese exports on the back of a weaker yen led to a much stronger than expected improvement in business sentiment among major
      REUTER  -  515 words
    • Article
      Lock icon 21.6% surge in S Korean electronics exports seen
      183 8 SEOUL Bloomberg SOUTH Korean electronics exports will surge by more than a Fifth in the second half of the year on the back of improved computer chip sales, the Electronics Industry Association of Korea said. Korean electronics companies are expected to export
      Bloomberg  -  183 words
    • Article
      Lock icon Pyongyang agrees to set up peace talks
      375 8 SEOUL Reuter NORTH Korea has agreed to help arrange four-nation peace talks aimed at closing the books on the 1950-53 Korean War, South Korean government sources said yesterday. "Pyongyang has accepted a suggestion that senior officials from the two Koreas, the United States
      Reuter  -  375 words
    • Article
      Lock icon Former Japanese billionaire arrested: reports
      449 8 TOKYO Azabu Building chief allegedly tried to hide assets from creditors AFP JAPANESE prosecutors yesterday arrested a Tokyo real estate president, once touted as one of the world's richest men, for allegedly trying to hide his indebted company's assets from creditors, reports said. The Tokyo
      AFP  -  449 words
    • Article
      India likely to cap foreign equity in airlines at 26%
      339 10  -  NEW DELHI Mm will affect Tata-SIA proposal wtich envisages 40% stake for SIA By] Rajendra Bajpai INDIA'S ruling United Front coalition has agreed that foreign airlines should be allowed to hold 26 per cent equity in domestic airlines, Business Standard
      339 words
    • Article, Illustration
      Lock icon Solid gold
      49 10 [BOMBAY! A woman looking at a 600gm solid gold necklace selling for about US$lO,OOO (5514.300) at an international gem and jewellery exhibition which opened here on Tuesday. The week-long exhibition was inaugurated by Nicholas Oppenheimer, the deputy chairman of the South African mining giant De Beers. REUTER
      REUTER  -  49 words
    • Article
      Lock icon ABB plans US$1b India investment by 2000
      134 10 BOMBAY AFP SWISS-Swedish engineering firm ABB Asea Brown Boveri Ltd is to invest US$l billion (551.43 billion) in India by 2000, newspapers said yesterday. "The market for ABB in India is huge. We have committed to invest up to US$l billion by 2000,"
      AFP  -  134 words
    • Article, Illustration
      Lock icon NZ economy slowed in Q1, inflation subdued: economists
      460 10 WELLINGTON Spending sluggish hot central bank may ease monetary reins Bloomberg THE pace of economic growth in New Zealand likely slackened, or may even have contracted, in the first quarter, keeping inflation in check and paving the way for an easing in
      Bloomberg; Source: Bloomberg  -  460 words
    • Article
      Lock icon Indian firms to raise US$1b in long-term offshore debt
      315 10 BOMBAY Reuter SOME of India's leading companies are seeking to raise long-term debt of more than US$l billion (551.42 billion) after the government liberalised access to global debt markets this month, merchant bankers said. "Several applications have been made to the
      Reuter  -  315 words
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      634 8 II (fN graduation I 11 9 fiEBBII AMY I 9| SINGAPORE BRANCH I I MT I fl Ang Hon B essica c°h Way Ming Patrick Low Ping Ping Ivy Tan Sioh Choo Candy Ang Keah Ser Goh Wei Yen Dora Low Soon Soon Tan Sui Yan Frankie I Ang Swee
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      26 9 *i ;gS -fe~s4. >~.. JwSw*' r\ -TT-' ***s^z y-V y,y -^m LOOKS LIKE IT ISN'T A LEVEL PLAYING FIELD FOR 4x4s COMPETING AGAINST A DISCOVERY. Bi^5T7TliWffffn??WHBIll!MI!lilll!lllllllll!fflll!lllMMll!lllWIW^ IJ
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      311 10 2 1 It's Fast! it's Aggressive! It's Barracuda! Seagate Barracudas Will satisfy your appetite for all high-end SCSI offer you more storage requirements. Seagate Barracudas combine 7,200 RPM performance choices. performance, Advanced SCSI Architecture and Barracuda is the drive family that blows the latest technologies (including MR heads, everything else
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      94 10 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
      94 words
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  • FOCUS
    • Article, Illustration
      Lock icon Tung's elite brains trust
      1277 11  -  With their good China ties and zest the inner circle will keep HK humming after the reversion From Loh Hui Yin in Hongkong THEY are businessmen and professionals mostly in their 40s and 50s, with good connections to Beijing. Imbued with a "can-do" attitude, they will
      PHOTOS BY SCMP, REUTER  -  1,277 words
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      105 11 SBWfe"' > MMMk T V"i r JM| 1, <*»• v Free drinks at The Regent (with a rather -t v pleasant catch). s An open bar all evening or a complimentary bottle of wine? There has to be a catch. And there is. The fishermen's freshest, in fact, prepared in
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      Page 11 Advertisements Column 2
      39 11 ~5 vO 1 deci(jg > 4 if ire What you want is a... J For more information on the monospace, NAME: I ADDRESS- I simply fill up this form and post it to I Hougang Central, P.0.80x 200. telno.: I
      39 words
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  • THE WORLD
    • Article
      World Bank changes strategy
      534 12  -  HONGKONG It now recognises an effective state as key to economic success By- Anthony Rowley IN a partial reversal of the strategy of market-led development it has pioneered over the past decade, the World Bank acknowledges in a report published yesterday that an effective state is
      534 words
    • Article
      Lock icon EU, Japan agree to speed up work on market access
      357 12 THE HAGUE Deregulation only way to open up markets Brittan AFP EU AND Japanese leaders yesterday agreed to accelerate work on slashing trade barriers to competing goods in a bid to cut Japan's ballooning trade surplus, an EU official said
      AFP  -  357 words
    • Article, Illustration
      Lock icon A long-service medal
      65 12 [LONDON] Fifteen years of loyal service to the Royal Regiment of Fusiliers was recognised at the Tower of London on Tuesday when Bobby, the Indian Black Buck mascot, received his Long Service and Good Conduct Medal. Bobby was born at London Zoo in 1982 and joined up
      AFP  -  65 words
    • Article
      Lock icon US durable goods orders down in May
      313 12 WASHINGTON Demand feD to new cars, parts, commercial aircraft Reuter ORDERS for costly manufactured goods weakened unexpectedly in May, the Commerce Department said yesterday, partly because of a drop in demand for commercial aircraft and for new cars and parts. New orders for
      Reuter  -  313 words
    • Article
      Lock icon World growth put at 3.2%
      128 12 WASHINGTON Bloomberg THE economies of the world are poised for continued growth in the second half of the year without a pickup in inflation. Economies around the globe will grow at a 3.2 per cent rate this year, up from last year's 2.6 per cent
      Bloomberg  -  128 words
    • Article, Illustration
      China MFN nod a victory for Clinton's trade agenda
      581 13  -  WASHINGTON But Praitat still ■faffffl nphiH tO /win firm backing far Bering's WTO entry By] Leon Hadar THE US congressional vote on ''Tuesday to approve continued -normal trade relations with China and to reject a proposal to impose trade sanctions on
      581 words
    • Article
      Lock icon Apec to look at freeing air services
      175 13 VICTORIA. Br Columbia Reuter TRANSPORT ministers from Asia-Pacific countries agreed on Tuesday to work towards liberalising air services in the region but set a cautious timetable for further action. After a two-day meeting in Victoria, British Columbia, ministers from the 18-member Asia Pacific
      Reuter  -  175 words
    • Article
      Lock icon US funds face fines over ads
      310 13 WASHINGTON SEC may penalise money managers for Bloomberg for exaggerating investment returns in |Hpvertisements aimed at winPEing new pension and mutual u*|SUnd business, SEC officials Ejiaid Tuesday. "We've seen performance ■Jpttation in a number of inp Stances, and other instances the investment adviser l
      Bloomberg  -  310 words
    • WORLD Watch
      • Article
        Lock icon Bonn budget may bear 30b marks burden
        60 13 Bloomberg IfBONNI German Finance Minister TheoWsigel said dwindling tax revenues and parsistently high unemployment could burden next year's budget by 30 .billion Deutschemarks (Ss3s billion). In a prepared speech to the government's financial planning committee, he said sßonn Is budgeting on deficit orMbilllon
        Bloomberg  -  60 words
      • Article
        Lock icon French to get minimum 4% pay rise
        56 13 Reuter HPARIS]Ths French cabinet yeetarday formally agreed to a [A per cent rise in France's natkmtl minimum wage of franca (Ssl ,500) a month, Finance Minister tDominique Strauss-Kahn said. The rise "represents a 3 per fCent increase In purchasing power because Inflation has
        Reuter  -  56 words
      • Article
        Lock icon No party posts for 2 Labour MPs
        64 13 Reuter [LONDON] Britain's ruling Labour Hnty yesterday two of its Members of Parliament from holding Jmy office in the party. Its National Executive Committee [Imposed the sanction on Mohammed farwar after!* bllegedly gave money to an election rival, and on RMMri KVareing after
        Reuter  -  64 words
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      53 13 fESSSSSBSffIEBTiI' j Fully furnished offices (suitable for Ito 4 persons) 1 >• Flexible lease f 1 >• Full secretarial support Ac business-related services I Parking available > < Within walking distance from Tanjong Pagar MRT i Station AJOrtse: He. 20 Maxwell lead #00*01 Maxwell Hum Immh *****3 V Tali (OOS)
      53 words
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      Page 13 Advertisements Column 2
      217 13 The ultimate link to a flexible source of funds, that grows with sales For growing businesses, a constant and predictable Instant occess to your earnings ooshllov is vital And what better rotation to mprcxe Immediate cash advances up to 90% of invoice value sales than to be poid immediately for
      217 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Another new grouping, same old fate?
      758 14  -  THB BOTTOM LKXB OPINION By Said Abdullah The writer is a journalist with the BT Foreign Desk DEVELOPING Eight or D-8, the economic cooperation grouping of eight Muslim nations launched earlier this month in Istanbul, ended with a ringing declaration. But for all its
      758 words
    • Article
      IN OTHER WORDS
      106 14 The forest and the rivers are our supermarket and hospital. So what is the benefit of development to us? Samdi Doleh a Malaysian aborigine. 'It's always interesting to see him fail a little, to realise he's human.' Bob Dorfnuui a sports business expert on Nike's recent commercial
      106 words
    • Article
      Jobless can't be paid with the euro
      630 14 EDITORIAL Listening to German Chancellor Helmut Kohl reaffirm yesterday his commitment to the timetable and entrance qualifications for Europe's planned single currency, the euro, no one would have guessed that the European Union's Amsterdam summit tried to placate all the members but didn't
      630 words
    • Article, Illustration
      Lock icon Jakarta must avoid pitfalls on growth path
      912 14  -  World Bank warns that any adverse change in economic policies could slow annual growth to 5% By S N Vasuki The writer is BT's Jakarta correspondent THE World Bank regards Indonesia as a "model" developing economy. Macro-economic stability and sound policies pursued by
      REUTER  -  912 words
    • Article
      WHAT THE OTHERS SAY
      764 14 Lording It wtth trap IT IS no longer a secret that many in the Philippines' police force, from the bottom up, are involved in the illegal drug trade. At every drug bust, only a fool would believe every gram of the stuff seized is surrendered to
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  • Page 14 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Skyscrapers flatten Suzie Wong's world
      703 15  -  Hpngkong girls clean up their act and now prefer to study < for business degrees, says ahdbew browme ANDREW BROWNE Reuter SUZIE Wong has straightened out her life and is studying for a business degree. As capitalist Hongkong prepares for a new dawn under Communist
      Reuter; REUTER  -  703 words
    • Article, Illustration
      Lock icon A widow's vision of triumph
      656 15 PERSONALITY TA* |ny lmdMni XakatmX, Betty Shabazz is now part of mideni black hikory LATWP [WASHINGTON] When Betty Shabazz worked up enough nerve to watch Malcolm X, the movie by Spike Lee about her husband, she took one of her daughters to hold her hand.
      LATWP; AFP  -  656 words
    • Article, Illustration
      Lock icon Undersea explorer Cousteau, 87, dies
      474 15 PERSONALITY AFP [PARIS] French undersea explorer Jacques-Yves Cousteau, world famous for his films and books on oceanography but also a committed environmental campaigner, died yesterday at the age of 87. "Commander JacquesYves Cousteau has rejoined the world of silence," said a statement from the office
      AFP  -  474 words
    • Article, Illustration
      Toyota's $100,000 pitch
      702 16  -  MOTORING The Thai-made Soluna offers a quiet ride with practical but unexceptional appeal By < Christopher Tan TOYOTA Motor Corp's new offering here, the Soluna derived from the Spanish words for sun and moon is pitched as an affordable family car. The Japanese company dreamed up the
      702 words
    • BUMPER to BUMPER
      • Article
        Nissan in cost-saving moves
        116 16 NISSAN Motor Co may cut the number of platforms on r which it builds cars and may scrap one of its three development divisions in an effort to reduce develops** and materials costs. A platform consists of vehicles th« share engines, transmissions and suspensions. By if
        116 words
      • Article, Illustration
        BMW, Lexus rated tops: poll
        63 16 BMWsS-series (above) and the Lexus LS 400 earned the 4 best overall ratings In a survey of six 1907 large luxury cars, according to the US Insurance Institute for Highwastoj* Safety. The Mercedes E-claas and the Lincoln Continental earned acceptable evaluations, while the Infiniti Q46
        63 words
      • Article
        Mergers ahead for Japan car-markers?
        68 16 SUBARU, Isuzu and Suzuki are expected to either merps Jj with a larger car-maker or gradually withdraw from manufacturing completely by 2006, according to the >e Economist Intelligence Unit. But Japanese manufacturer* on the whole will enjoy a resurgence that will see a 14 and
        68 words
      • Article
        Demand in emerging markets may surge
        66 16 WHILE established markets will see practically no growt£* (0.6 per cent) up to 3005, demand for cars in emerging markets is expected to rise significantly, according tothet. EIU. Leading the pack are Indonesia (18.4 per csot), V ietnam (14.3 per cent) and India (113
        66 words
      • Article
        LTA launches web site
        56 16  -  Compiled Christopher Tan THE Land Transport Authority has launched tts own J website. Key into www.lta.gov.sg for anything fttNn taxi-booking numbers and how to bid for a COS to ltew to operate a car and rates of vehicle-inspection centres. Historical data as well as updates on
        56 words
    • Article, Illustration
      Lock icon Upsetting day for champs
      719 16 WIMBtEDON Day two of Wimbledon was marked by three significant upsets on the men's side NYT, Reuter AS soon as the skies cleared after a stormy but unremarkable opening day, Wimbledon began raining upsets. First, it was the prodigy with the world's fastest serve: the brawny
      NYT,; Reuter; AFP  -  719 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      157 15 Turning your Accountant into Superman!? We must be kidding. Consider this: weigh a man down with a ton of bricks around his neck and ask him to do a backflip. Naturally, he will not manage it. Now ask your Accountant to produce timely reports when all you have j given
      157 words
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      Page 15 Advertisements Column 2
      314 15 r 1 J DISCOUNTS OF UP TO 70% OFF MOST ITEMS AT THE STUDIO LINES GREAT SINGAPORE SALE PREVIEW JOBnWI 4 MflTllSlivnar W A EVY Armchair Fully ufAoUaervd armchair m Alcantara Ml, Afc.m«< V2*l» U«alPnetSSl*73 UmmIIW SS2-5» IM Pric* SSI 3.400 Sail PrkE SS** Safe PHce SSI *2* Sale PricE
      314 words
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      Page 17 Advertisements Column 1
      576 17 ."-r T~ *7*7 y •>. .;-sr 1%. ff ;v SINGAPORE BUSINESS c"/ < Giving you the winning edge Where to wine, dine and entertain- J WHAT HAPPENS j J WHEN YOU ADD J I A DASH OF i ITALIAN PASSION j WITH A PINCH OF CHINESE WISDOM? jj r P
      576 words
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      Page 17 Advertisements Column 2
      118 17 24-hour Coffee House Ist floor The Chicken Rice Capital Of The World HVh HI V.'m 333 Orchard Road, Singapore *****7. Tel: 737 4411 You'll find your Lunch, High Tea and Dinner favourites at our temporary Coffee House, Basement, Hotel Phoenix, while we upgrade Delicious Buffet Lunch, Buffet High Tea and
      118 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      807 17 TV&BAPIO *2JB News 5 Tonight. 830 Iniyavai Sila. UN Silk Stalking Wxit The *30 Paramapadam (Drama). J-JJ PM TV Innovations. Dragon (A local banker is 7M Enakkullae Naan. r-j r~—■— t2 u!!,!I1u!I!; m the chitf SUS P** when a 730 TamU Seithi. i "J t° u fellow detectivt und aOO
      807 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      237 17 CRYPTIC CROSSWORD > sembly (5-2) 11 Flat spin, perhaps, after one? I ——P®|—13 Arrange insurance for this 17 Bear sword here when receiv--19 Coins buried out rarest ever, L—i__l—_L_L j j"~^ 22 Fellow takes seat of dowdy I 1 I 27 A river once more backs up lH and falls
      237 words
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      Page 18 Advertisements Column 1
      62 18 I For tothf IblowwMob, pi— contact Stuttgart Auto at 23 Lug Kaa Road f UtOSS. Teh *****33 Fax: *****01 4J'.] fc T VVT I See what you get when you put a Porsche on the racetrack. The same old thing that happened last year. (A Porsche wins the Le Mans
      62 words
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  • COMPANIES & MARKETS
    • Article
      Amcol offer meets 65% stake condition
      168 19 [SINGAPORE] Sinar Mas has cleared the last major hurdle in its takeover of Amcol Holdings, having received acceptances that would bring its interest in Amcol to just over 65 per cent. Thus, the offer is now unconditional. The update on the general offer, which
      168 words
    • Article
      TZXP offer 8.4 times subscribed
      135 19 [SINGAPORE] The public offer of Tianjin Zhong Xin Pharmaceutical Group (TZXP) closed yesterday with an 8.4 times subscription rate for the 18.9 million shares. TZXP is the first stateowned Chinese enterprise to seek a primary listing in Singapore. It put up for sale some 100
      135 words
    • Article, Illustration
      STAe rebounds from industry slump with $27.8m profit
      336 19  -  By] David Boey [SINGAPORE] Singapore Technologies Aerospace (STAe) broke out of the slump that has dogged the aerospace industry and raced to a robust recovery last year. ST Group chairman Ho Ching announced in the company's latest annual report that STAe recorded
      336 words
    • Article
      SIA should list some of its subsidiaries soon
      703 19  -  HOCK LOCK SIEW Conrad Raj IN A little over two weeks, the shareholders of Singapore Airlines will meet once again at their AGM to pass last year's accounts, approve directors' fees and elect or re-elect board members. While SlA's is the better
      703 words
    • Article
      Centrepoint finalising deals with key tenants for Causeway Point
      340 19  -  Metro, Marks and Spencer, John Little may take up total of np to 80,000 sq ft By Jenny Lam [SINGAPORE] Centrepoint Properties' Causeway Point mall is finalising deals with retailers Metro, Marks and Spencer (M&S) and John Little to be its
      340 words
    • Article
      FCC eyeing takeover of Sea View Hotel?
      226 19 (SINGAPORE) First Capital Corporation has bought 14,000 more shares in Sea View Hotel after a one-year lapse, bringing its stake to 22.86 per cent, or 2.14 percentage points from the takeover trigger point. The purchase, at $10.90 a share, is bound to revive
      226 words
    • Article
      LC Dev launches $1,850 psf Draycott condos
      393 19  -  36-unit freehold project could gross more than $125 m By, Diana Oon [SINGAPOREI Lum Chang s mainboard listed subsidiary LC Development yesterday launched a prime freehold apartment project in Draycott Park which could gross more than $125 million if fully sold. LC Dev
      393 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Ho Wah stake buyer mum on plans
        500 20  -  Ramdas Nair confirms buying 15J% stake but says he has no plans now to join board w Tan Su Yen [SINGAPORE] Businessman Ramdas Nair, the second largest shareholder in Sesdaqlisted Ho Wah Genting International (HWGI), is keeping mum about his plans for his
        CHRIS LOH  -  500 words
      • Article
        SingLand buying 20% of Indon developer for $4.23m
        268 20 [SINGAPORE] United Industrial Corporation's main-board-listed Singapore Land yesterday announced that it was buying 20 per cent of PT United Overseas Bali Land, which is developing a service apartment project in Jakarta. Sing Land is paying a total of $4.23 million for the
        268 words
      • Article
        Shareholders give Finance One rights issue cold shoulder
        335 20  -  BOT to honour promise of mopping np unwanted shares From Harish Mehta in Bangkok TROUBLED Finance One, once the largest finance company in Thailand, has failed to raise its capital after its existing shareholders shunned a rights issue, forcing the Bank of
        335 words
      • Article
        Lung Kee Metal profit at HK$98.5m
        252 20  -  Mould base maker's profit higher than its own forecast By I Siow Li Sen [SINGAPORE] Lung Kee Metal Holdings (LKM) yesterday posted net profits of HKS9B.S million (SslB million), exceeding the company's earlier forecast, for the full year ended March 31,1997. The Hongkong company
        252 words
      • Article
        Lock icon Ekran revamp not for all listed firms: Ting
        254 20 Bernama [KUALA LUMPUR] Ting Pek Khiing, executive chairman of Ekran Bhd, says the restructuring of the company will not involve all the five listed companies under his control. Contrary to what he said last week, Mr Ting explained: "I have a few
        Bernama  -  254 words
      • COMPANY Briefs
        • Article
          Osprey shareholders okay Gotaas deal
          77 20 [SINGAPORE] Shareholders of Osprey Maritime yesterday gave the go-ahead for the company's proposed US$75O million (551.07 billion) takeover of Monaco-based Gotaas-Larsen Shipping at an extraordinary general meeting. They also approved fundraising to support the mega deal: a one-for-one rights issue and a renounceable rights issue
          77 words
        • Article
          ITE proposes warrant issue
          57 20 [SINGAPORE] ITE Electric Co has proposed an issue of 12 million warrants of 20 cents each on the basis of three warrants for every 10 existing ordinary shares in conjunction with a three-year $10 million revolving credit facility. The issue is subject to shareholders' approval at
          57 words
        • Article
          Sincere profit jumps 153% to $1.7m
          69 20 [SINGAPORE] Sincere Watch posted a 153 per cent jump in net profit to $1.66 million on a 3.7 per cent rise in turnover to $119 million. Earnings per share more than doubled to 2.54 cents from one cent. Net tangible asset was higher at
          69 words
        • Article
          Lock icon Reliance pre-tax profit up 49%
          41 20 Bernama [KUALA LUMPUR] Reliance Pacific, whose entry into tourism is paying off. saw group pre-tax profit rise 49 per cent to M 533.3 million (SslB.B million). Turnover was up 15 per cent to Ms2B7 million. Bernama
          Bernama  -  41 words
        • Article
          Lock icon Thai Military Bank names new head
          48 20 AFP [BANGKOK] Thai Military Bank named Somchati Intratuth as the bank's new president, replacing Thanong Bidaya who was sworn in Monday as finance minister. The Nation reported Mr Somchati, on taking control of the bank, said he would retire in six months.—AFP
          AFP  -  48 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Emerging market firms take 57% of new US listings
        326 21 Number overtakes that of developed countries for first time FT [LONDON] The number of emerging market companies to issue shares on stock markets in the US soared in the first half of 1997, overtaking the number of issues from companies from
        FT  -  326 words
      • Article
        Lock icon Flood of listings in China ahead of HK's return
        177 21 AFP [SHANGHAI] China has approved an unprecedented raft of 18 listings on its two stock exchanges, sources said yesterday, in a move analysts said was aimed at tempering euphoria before Hongkong's handover. Three companies were listed yesterday, 10 more are to
        AFP  -  177 words
      • Article, Illustration
        Lock icon Nike recalls shoes over logo
        66 21 [LOS ANGELES] A Nike Air Bakin athletic shoe with a logo on the rear of the shoe which Muslims found offensive on display at a Los Angeles sporting goods store. Nike apologised to the Islamic community on Tuesday as it recalled over 38,000 pairs of
        REUTER  -  66 words
      • Article
        PT Indocement building 2 new plants
        242 21  -  Analysts say move may result in Indon cement supply glut By S N Vasuki [JAKARTA] The Salim Group's PT Indocement, Indonesia's largest cement producer, yesterday disclosed plans to build two new plants with a total investment of over US$73O million (551.04 billion). However, analysts
        242 words
      • Article
        Lock icon Two red chips to start HK derivatives trading
        204 21 AFP [HONGKONG] Two Chinese "red chips" made Hongkong bourse history on Tuesday, with the announcement that trading in their stock options and futures will commence on the exchange next month. China Resources Enterprises and Shanghai Industrial Holdings will be the first counters
        AFP  -  204 words
      • Article
        Lock icon HK media firms rally on talk they're Chinese targets
        163 21 Bloomberg [HONGKONG] Hongkong's biggest media companies rallied amid speculation they're targets of Chinese investors. Oriental Press Group Ltd, which publishes the highestcirculation newspaper, was the Hang Seng Index's biggest gainer, rising as much as 10 per cent. South China Morning Post
        Bloomberg  -  163 words
    • CORPORATE-FOCUS
      • Article, Illustration
        Hongkong gold trader taps Malaysian links
        920 22  -  Tem Fat Hing Fung plans to list its Malaysian businesses on the KL exchange Hy( Quak Hiang Whai [HONGKONG] HONGKONG'S Tem Fat Hing Fung (Holdings), which operates the second largest gold refinery in Malaysia, plans to list on the Kuala Lumpur Stock Exchange as
        920 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Japan's largest bank to convert loans to bonds
        465 23 Move to secnritise op to 3 trillion yen loans to attract investors ahead of Big Bang FT [LONDON] The Bank of Tokyo Mitsubishi (BTM), Japan's largest bank, is planning to convert up to 3 trillion yen (5537.5 billion) of its loans into
        FT  -  465 words
      • Article
        OCBC-led S'pore syndicate in Anhui power plant deal
        342 23  -  Bank is coordinating arranger for USsBsm of commercial debt By\ Ronnie Lim [SINGAPORE] A syndicate of Singapore banks, led by OCBC Bank, is among the lead lenders to a US$56O million (***** million) power plant project in China's Anhui province being developed
        342 words
      • Article
        Asian insurance markets face more pressure to open up
        384 23  -  By Soh Tiang Keng [SINGAPORE] High economic growth in Asia and the dramatic rise in risks in capitalintensive investments have intensified pressure to liberalise Asian insurance markets. With more complex risks facing domestic insurance industries, there is greater need for a
        384 words
      • Article
        Lock icon JGBs fall after tankan report
        227 23 SSXEOLReport Reuter [SINGAPORE] Simex Japanese government bond (JGB) futures ended sharply lower yesterday after a better-than-expected tankan report and dealers said the contract might fall further before stabilising. "I think this is only a temporary bottom," said a trader. JGBs fell after the longwaited tankan
        Reuter  -  227 words
      • Article
        Futures volume expands ahead of expiry
        190 23  -  MSCI TAIWAN FUTURES -By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] THE MSCI Tai wan futures on Simex saw heavy volume yesterday as the June contract approaches its expiry at noon tomorrow. AU interest centred on the June-July roU which widened
        190 words
      • Article
        Lock icon Oil moves sideways as Opec meets
        211 23 ENERGY REPORT Reuter [LONDON] World oil markets shuffled sideways yesterday as Opec oil ministers met in Vienna and Iraq prepared to start exporting oU again. But senior oU traders saw a chance of more prices faUs if Opec faUed to plug the leaks in
        Reuter  -  211 words
      • Article
        Lock icon CURRENCY REPORT
        274 23 Reuter, AFP London THE US dollar stabilised against the yen in afternoon trade after having opened lower in reaction to the Bank of Japan's tankan report, forex dealers said. At 1225 GMT, The greenback stood at 1.7236 marks against 1.7212 in the morning and 1.7252 on Tuesday and
        Reuter,; AFP  -  274 words
      • Article, Illustration
        Untitled
        1156 23 DTTBEBAMMCEOSS MATES 5 *1 c$ It CO) Ffr cn m I****** y rnm m mm* m> s$ —i m tmnrnt m t-OO 6.178 0640 4360 1182 5J28 2Q98 ***** Q854 4613 U9i um*Lm nan ton tit ogn §Sf o» n*7 JS aiS S« ?£2 ?25 2IE £5 A™ w -25
        1,156 words
    • Article
      COMMODITY PRICES
      1652 25 8I00M FUTUIIBS Jun25 RUMCt (Mpn dart* M at 130*a) KSS1CQNT«ACT(ScMtsA<) Clou VMM* OpM Mowtt N1» low Sott Ctw*8) IntWMt *97 mn 400 tof 97 149.75 H95 Sop 97 153.00 1895 Oct/Doc 97 156.00 154.50 154.50 600 3900 janitor 91 159.25 157.50 157.00 225 7350 Apr/JM98 156-25 ***** RSS
      1,652 words
    • Article
      WORLD STOCK MARKETS
      2302 25 lomoqk JooZS Nw *h 31 Group 501-400 -4.600 AB Ports 264.400 *1.400 AfiOoy National 806 3.600 Allied Oomocq 423.400 -.600 Amcc 146.400 -.600 A KM Group 121.600 1.600 BAT tad 555 -8 BGPtt 228 BtCC 178 *1 BOC Group 1052 *4 WPOrolMVI 711 *3.600 BTR 194 -1.400
      2,302 words
    • Article
      Lock icon TOKYO
      1646 25 AFP Q Nikkei 225 *337.34 SHARE prices surged 1.7 per cent yesterday following the release of strong results from the Bank of Japan's tankan short-term business survey, brokers said. "Prior to the tankan release, investors were looking for some trigger to chase the upside of share prices, and the
      AFP  -  1,646 words
    • Article, Illustration
      Lock icon HONGKONG
      1618 26 AFP 1j Hang Seng *174.06 HARES soared 1.2 per cent esterday after a recovery on /all Street as sentiment was elped by a US decision to ex?nd normal trading relations 'ith China. US legislators on "uesday voted 253-173 to mainiin China's most favoured naton (MFN) status after a assionate
      AFP  -  1,618 words
    • Article, Illustration
      Lock icon CHINA
      619 26 Bloomberg CI Shenzhen B Index -2.41 CHINA B shares fell yesterday as investors sold stocks to buy a single-day record number of new listings today, traders said. Among the 10 companies to list is Hainan Airlines, part-owned by American financier George Soros. The airline last week sold a 15
      Bloomberg; Source: Credit Lyonnsis Securities(Asia) Ltd  -  619 words
    • Article
      Lock icon TAIPEI
      381 26 AFP HWPMw *3834 SHARES rose yesterday as retail investors bought promising electricals and bargain-priced paper issues. "Local electrical shares were lifted mainly by good performance of US issues overnight on Wall Street," a trader said, adding that expected pulp price rises attracted buying of paper shares. The TSE Weighted
      AFP  -  381 words
    • Article
      Lock icon WELLINGTON
      256 26 Bloomberg F1 Wellington +3JI SHARES rose yesterday, as declining bond yields boosted the appeal of stocks. A stronger Dow Jones also helped domestic issues. The NZSE Top 40-share Index rose 3.56 points to 2,402.53. Bloomberg ■> *b rmm ANZBinti ng.. 10.55 0.05 6404 Advantogti HMqt 1.06 -0.03 ***** Air
      Bloomberg  -  256 words
    • Article, Illustration
      Lock icon BANGKOK
      847 26 AFP H SET Intel +2JO SHARES closed mixed yesterday ahead of the release of Bank of Thailand monthly economic data. Dealers said buying interest emerged in communications stocks, but banks and financials remained weak due to concerns over non-performing loans. The SET Index closed up 2.90 points at 496.03.
      AFP  -  847 words
    • Article
      Lock icon SEOUL
      415 26 AFP POompoatelito -f1.71 SHARE prices closed lower yesterday, a correction after last week's sharp rise. Dealers said investor sentiment was weak due to a lack of positive economic news. Banking and blue chips led the losses, and dealers said negative factors such as declining customer deposits and rising interest
      AFP  -  415 words
    • Article
      Lock icon SYDNEY
      593 26 AFP QAH Ordinaries *117 SHARE prices rose yesterday, buoyed by a rebound on Wall Street and strong offshore buying support. A broker said there was some book-squaring going on in preparation for the end of the financial year on June 30. The All Ordinaries Index, rose 16.7 points to
      AFP  -  593 words
    • Article, Illustration
      Lock icon JAKARTA
      770 26 AFP 31 Composite Index -OJO SHARE prices closed lower 'esterday amid foreign selling >n selective leading stocks led >y Sampoerna. Dealers said leavy selling on Sampoerna vas triggered by rumours that rompany's founder Putera iampoerna was likely to coninue to diversify its business nto other activities. "I think foreign
      AFP  -  770 words
    • Article
      Lock icon MANILA
      339 26 AFP El Manila +ILO2 SHARE prices rose yesterday, due to late buying of selected property and telecom issues. The PSSE Composite Index rose 11.02 points to 2,829.29. Turnover was 4.1 billion shares worth 2.2 billion pesos. Ayala Land Inc rose 75 centavos to 23.75, Pilipino Telephone Corp advanced 25
      AFP  -  339 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8034 27 —>*****1,1 CmsMMf pnMi 1997 Last Vol Day Net Cap W» U» Cowp—y Bold MOO lw M tmM 790 560 Ajinomoto. 390 ***** 32.7 239.1 446 293 Angkesa 308 unch 30 310 300 9.1 454.1 905 610 ApodoFoodMg 665 15 17 695 670 274.0 428 189 Berjoyalnd 244 11 2712 251
        8,034 words
      • Article, Illustration
        Lock icon Shares ease on baht devaluation talk
        467 27 AFX-Asia n Composite Index -7J< SHARE prices closed lower yesterday, led down after large sell orders on blue chips by foreign investors following the re-emergence of rumours of a possible baht devaluation, dealers said. They said prolonged uncertainties over Thailand's economy has led to
        AFX-Asia  -  467 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3607 28 BONOS. LOANS ft VARIANTS wt 1997 Last Vat Day Lot Ouat* Avg High Law Stna Company Sat* 'or- COOO) High Lav Buy*r SaNaf Prtc* 68 44.5 m 1000 m AMD® tS.5%*****6 47 uncll 2 47 47 46.5 49.5 67 41.5 3160 A Acar ******1 US$ 58 unch 7 58 58
        3,607 words
      • Article
        Keppel Land wrt looks promising
        194 28  -  WARRANT WATCH -By Ven Sreenivasan KEPPEL LAND'S warrant was one of the most active counters on the local bourse yesterday, closing two cents up at $1.33. Some 5.45 million units changed hands. This has been languishing at the subsl.so level, against a high of $2.23
        194 words
    • Article
      CLOB INTERNATIONAL
      2305 28 Transaction Date Jun 25 Or Cr *•97 Last Vet Day Lut Ouott Mr Mr YW Nat M Cap High Law Stno Cwnpany Sat* *h C000> High Low Buyar SKh Of P/t $ml 478 297 m I 5000 AISB 50c 300 unch 40 304 300 300 306 5.0 4.9
      2,305 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1595 29 TURNOVER COOO) VAtUf ("OOO) mi» cn» Ttoi w* tm T Intfustrid 94,193 14,033 112 .224 169,097 30.859 nn«oc. «J69 6,049 12,418 70,875 13,452 #4.527 2,130 449 2.599 3,878 805 MM Properties 8,741 3,557 12.318 47.428 4044 5V474 Potation 670 470 2.165 2.165 MHm 70 70 176 176 BLM 14,805 8.124
        1,595 words
      • Article
        MAIN BOARD
        5027 29 TransacUonD^ Cf Cr M Wt .907 LMt V« Day Laat Oust* Wv Otv YM Net Ca» A»« H>q6 L— StW Ciwpiwy COOOI MH> L— —y»r sm* CMr Wt 9mH frrto INDUSTRIALS 5146 ASE NTSK) 200 US- 885 885 1275 ASFUSIclOO US885 «g-| 203 155 1258 AcerSOc US183 -6
        5,027 words
      • Article
        SESDAQ
        1098 29 Gr Cr M Wt •997 LWt Vai Day L«*t Owota 0I> Ota YM NM Caa Avq hhh u» «tw» cin«m> w» *h cooot m> in «—r cw ph w w BESOM 186 76 a 2000 ABRHIdgsSc K» id »13.S 944 K» 92 104 105 3.0 6.0 0.1 150.0 46.7
        1,098 words
      • Article
        Untitled
        202 30 Stocks V««—w Vender Horst 25.378.000 lye Soon Hk 11,891,000 •fcfjayalnd 7.192,000 ItewToyo 25c 6.205.000 Itppel LandWOO 5.446.000 •afflei MedlOc 4.851,000 HuanHsinUS20c 4,827,000 tlBf Capital 4.369,000 Cicei 20c 3.735,000 Popular 10c 3,330,000 tidB VanderHorst 62,008,171 DOB Foreign 24,813,172 0C8C Foreign 19.061,080 City Dev 50c 18.443,003 BBS Foreign 11,872,170 *M8f Capital 11,113,870
        202 words
      • Article, Illustration
        HOT STOCK
        55 30  -  bfl Shiv Taneja DAIRY FARM, which closed at 73.5 US cents, up 2.5 US cents on a volume of 2.9 million shares yesterday, can be expected to rise a little more, but not much. Investors ought to begin taking profit on any further upside. There is strong support
        55 words
      • Article, Illustration
        Penny stocks surge on rumour-driven buying
        616 30  -  STOCK MAUET COMMENTARY Bat interest fails to spill over to blue chips despite Wall Street jump; meanwhile, shares and warrants of Van Der Horst stage rebound By Ven Sreenivasan [SINGAPORE] Van Der Horst and small-cap stocks hogged the limelight yesterday, chased up by speculative
        616 words
      • ON THE GRAPEVINE
        • Article
          Another 'C' for the upwardly-mobile?
          102 30 CHRISTOPHER COLUMBUS "circumcised" the world with a 50-foot clipper, while the Vikings before him were the first to steer their large ships with "shudders", and the Singaporeans who came long after developed a "must-have" top-shopping list of items starting with the letter "C", beginning with
          102 words
        • Article
          Free-thinking journalists
          57 30 WHAT are things journalists consider as goodies? To Ronnie Chan, chairman of major property developer Hang Lung, they are something journalists could work with. After tantalising journalists at a press conference that he had goodies for them, he handed out two sets of poll results on how Americans
          57 words
        • Article
          Pressed for time
          98 30 JOURNALISTS can be expected to be good at shorthand, but speed reading? At a press conference on Tuesday, officials from Simex gave out a two-page statement to journalists and immediately asked for questions. The journalists had come to the event without an inkling of what was on
          98 words
        • Article
          No money,no rest
          122 30 CHANGI AIRPORT may be the best airport in the world, but an American couple passing through recently were dismayed to learn how inhospitable Changi's medical facilities are. One of the travellers was suffering from high fever (ultimately determined to be dengue) and was headed to the care
          122 words
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      Page 19 Advertisements Column 1
      58 19 I WF> U JVPROPERTY nNANCB'j FROM SINGAPORE; For 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 Pre-purchasc Approval The Royal Bank a* of
      58 words
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      Page 20 Advertisements Column 1
      1279 20 J| JM Lung Kee Metal Holdings Limited VH (Incorporated in Bermuda with Limited Liability) The Board of Directors of Lung Kee Metal Holdings Limited is pleased to announce the first audited results of me Group and the Company for the financial year ended 31 March 1997. Latest year to 31
      1,279 words
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      Page 20 Advertisements Column 2
      57 20 r GENESIS CRYSTAL^^^B MID -YEAR Discount UP TO yU% i <> i n i si st in s i i s ii .1 l*> ll.llli; Km.lll 1111-lIHw l< I'.n k M.i 11 n|l I o| (11 ii n i l.i ■I v A mi I 'ii 111 u 11 m|
      57 words
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      Page 21 Advertisements Column 1
      162 21 11 by many historically and architecturally significant buildings ■V as the National Museum, the Singapore Art Museum and the Chijmes. proximity to the city's financial district and major convention centres. f The authentic flavours of Singapore's local lifestyle at the Bugis area, a 11l "Chinatown and Little India and the
      162 words
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      Page 21 Advertisements Column 2
      922 21 BALANCE SHEETS STATEMENTS OF EARNINGS (BANKING ACCOUNTS) (BANKWG ACCOUNTS) December 31,1996 and 1995 Years ended December 31,1996 and 1995 IMS 1995 1996 1996 (In MMona) (in Millions) On MNllona) (In MNUons) Won Won Won Won Intmat Income: AimU Interest on loans W 1,264,929 W 1,096,997 Cash W2.017,501 W1,683,855 interest on
      922 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      825 22 BPSIM ESS&NotiCeS To advertise call toll-fret 1800-741 1883 I Banco Santander Head Office: Paseo de la Castellana, 24, ***** Madrid, Spain Singapore Branch: 20 Raffles Place, #27-00 Ocean Towers, Singapore *****0 Balance Sheet Statements of Income As of December 31,1996 1995 For the years ended December 31,1996 1995 (Ptas. Millions)
      825 words
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      Page 22 Advertisements Column 2
      530 22 BIFSroBSS Notices To advertise call toll-free 1800-741 1883 Unlbank The Unibank Group The Unibank Group Balance Sheet Profit and Loss Account as at SI December iQQ (DKK 000) (DKK'OOO) Interest receivable 16,406,192 15,207,695 Interest payable 9,561,267 8,784,707 Net interest income 6,844,925 6,48*,987 I Cash in hand and glances at Dividend
      530 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      65 23 CEmisi The Preferred Chain of No Frills Hotels "WctA 50% fl t ffljgp j g|^ Hotel 81-Princess Hotel 81-Star 21 Lorong 12 Gevlang 31 Lorong 18 Gevlang Singapore *****1 Singapore *****8 Tel: 842 8181 Tel: *****81 i^| 'Ipj IMBfIUBS MBUi Hotel 81-Joo Chiat Hotel 81-Gevlang 305 Joo Chiat Road 20
      65 words
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      Page 24 Advertisements Column 1
      1636 24 BOSIMESS Notices rssri KRUNG THAI BANK PUBLIC COMPANY LIMITED SINGAPORE BRANCH \£jt If 65 Chulia Street #32-05/08 OCBC Centre Singapore *****3 Tel: (65) 533 6691 Fax: (65) 533 0930 Tlx: R*****0 KTBSIN V—— Balance Sheet Income Statement As at 31 December 1996 and 1995 For the year ending 31 December
      1,636 words
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      Page 24 Advertisements Column 2
      303 24 N TW MATTW OF KK MMKETMO (SNGAPOWf) PTE LTD (In Mwtm Vokrtay UmdM) W an Emon»nar» Gonard MaoMQ d Company hold d 27 Cantonmont Road Sngaon *****5 on 23 Juno IM7. N Umv vodd raooMona «oro poaaodiiaat laacfcact 1. TKoiKXMMMnatSngvaolPliLMbo •Odd 4> WM*Sy pmaMß Soebor 290(1 )*»d(»Compa«aaAd Cap. 50" 2.
      303 words
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      Page 24 Advertisements Column 3
      1274 24 To advertise call toll-free 1800-*****83 to Bankßoston Incorporated in the U.SJL with Limited Liability) BANK OF BOSTON CORPORATION Consolidated Balance Sheet (dollars in millions, except per there emounte) December 31 1996 1995 December 31 1996 1995 ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY Deposits: Cash and due from banks 4,273 3,561 Domestic
      1,274 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      54 26 From 30 June you con enjoy free engraving and embossing* you your Montblanc instrument or leather item lasting impression awaits you to our newly-renovated boutique. goes beyond when you join us in celebrating the re-opening of the p.^ Limited to one per customer. Montblanc Boutique at Ngee Ann City. Q
      54 words
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      Page 28 Advertisements Column 1
      91 28 IV Ar\\ /A |L >- INTRODUCING THE MOVADO VIZIO: ™jp J I PSr A POST-MODERN PERSPECTIVE ON TIME. Chew Cheong Watch Centre m m >J *II T* 16 OV t International Watch J x %y Solid stainless steel or steel/18K gold. Tel: 533 0964 t I M J Scratch-proof hard
      91 words
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      Page 29 Advertisements Column 1
      82 29 Our auto listings won't steer you f» wrong deals oo wheels. 15*15: NOW WITH JUST $50,000 GET UP TO 3.33 TIMES FINANCING. THE CITIBANK \1 AR( UN I R AI) IN (i AC( OUNT. T() TRADE IN THE IDLS I LIS I ()E M ARGINABLE SECURITIES. CALL 33-7 I 26
      82 words
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      Page 30 Advertisements Column 1
      1046 30 For Home or Office deliveries of: The Straits Times, The Sunday "Times, The Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min Daily News, LianHe Wanßao call our Hotline 1800-749-2577. I flf HHI f INTO THE SVUNG OF THnTOS I I To All Advertj«M"S Who Are Taking Part Happy
      1,046 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      207 31 Bridge News Reuter LATE trading was very sluggish with Uttle {barging in the way of fixture. Continental has the possibility of switching Its Japan-bound Panamax grain cargo firom the US Qulf to load from the Pacific Northwest instead. (UN Cimnft ♦SM has now faUed with a* Otta large
      Bridge News; Reuter  -  207 words
    • Article
      MARITIME STOCKS
      43 31 28 S gty on 3S s§ljy gwillwiCirp jjjj5 IS gjiiT WOO -OJO M IMMHPSiiiiMI MB MM M tet£& j £8181 w mS «Ol2S MM MVWNW U« XM 58 EEferrSS 2^H w *9## jMta w ll.-"*ll..| "TT 2Mt «Eh» 2§ Source: BRIDGE
      43 words
    • Article, Illustration
      Ports urged not to overlook bulk shipping industry
      423 31  -  PORTS ASIA 97 Torm Asia MD cites inefficient operations and poor quality equipment at balk ports Reports by, Marcus Hand [SINGAPORE] Port managers and developers should not neglect the bulk shipping industry when developing and operating ports. Jens-Erik Olsen, managing director of
      423 words
    • Article
      Shipping line mergers: ports may follow suit
      238 31 [SINGAPORE] Shipping line mergers and alliances will reduce competitiveness amongst ports, and may even result in aUiances between them, a conference paper says. In his paper at the Ports Asia 97 conference, Ernst Frankel of the Massachusetts Institute of Technology said that as
      238 words
    • Article, Illustration
      Oil majors are cleaning up their act, feels spill expert
      708 31  -  miiiHimw By. Felix Chan IMAGINE being on alert 24 hours a day, 365 days a year where a single phone call could mean ending up in a cramped C-130 Hercules hours later, spraying dispersants into the Indian Ocean. Oil spill
      708 words
    • Article
      Lock icon Japan ports row: US sees no progress
      307 31 US may resort to stiff fines as planned, says delegation Bloomberg [TOKYO] A US delegation to Japan raised the possibility that the US might begin enforcing stiff fines against Japanese ship lines to protest what their US counterparts call unfair port policies. US
      Bloomberg  -  307 words
    • Article, Illustration
      Lock icon Rediscovering Canada
      59 31 [BONA VISTA] The Matthew arrives at the harbour in Bonavista, Newfoundland, as a woman waves a flag on Tuesday. The Matthew is a replica of the ship that John Cabot sailed on 500 yean ago when he discovered Canada. The Matthew left Bristol, England, on May 2 and
      AFP  -  59 words
    • Article
      MPA signs MOU on remote sensing projects
      223 31 [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) yesterday signed a memorandum of understanding with the National University of Singapore's Centre for Remote Imaging, Sensing and Processing (Crisp) to develop satellite remote sensing applications for the marine environment The MOU will be
      223 words
    • Article
      Lock icon Taipei to admit China vessels
      141 31 AFP (TAIPEI) Taiwan is to admit aU Chinese-owned freighters to its international ports via third destinations from July 1 in a maritime liberalisation with rival China, transport officials said here yesterday. The cabinet gave the greenlight to permit 100 per cent Chinese-owned ships flying flags
      AFP  -  141 words
    • Article, Illustration
      Lock icon Flights for strong stomachs
      745 32  -  TAIWAN: DOMESTIC AIR TRAVEL Poor roads and railways make intra-city flying popular, making domestic aviation sector one of Asia's most congested By\ Bruce Cheesman in Taipei INTERNATIONAL pilots maligning the parlous approach to Hongkong's Kai Tak Airport across Mong Kok's notorious washing lines and high-rise apartments
      FILE PHOTO  -  745 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      258 32 PACE Ethiopian 6 aci fl AM. 3 Ewrgrccn 6 Accord 12 F Appenship 5 Fl-®riqfct 6 Astro 3 FoongSun 12 Austral 11 SU»fc Avant 6 Gewartrans 13 ISA 7 Genshpq H Batantado 7 ClobHink 7 B'tang Mas 12 GoMen 12 CCNI 7 Guar
      258 words
    • Article
      SHIPPING GUIDE
      15744 38 THEBUSINESSTIMES THEBU SINESSTIMES EXPORT ETA ETA Advartlsar Vassal Voyaga TaMRhona ETA ETA Atfvartlsar Vassal Voyaga Ta*t*o«a SIN Dast'n Nam# Nam. Numb*'' NumOar SIN Dast'n Nanta Nama NumOar Nunfcar 01/07 01/00 COSCO SONG ME 0t07 *5-22*800 A 05/07 N/07 ANL NOL CRYSTAL 40S 45-*****55 TO ABIDJAN (ABJ) 2003 05/07
      15,744 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        547 45 M- H |,.lfc fl ■>!■■■ ft$S#l fOy NO Btfin AfTWM LMptrtlirt JM|M m> MII oow JO2 iii miii 2106/2399 at Ft tare *****7 J01 IlimUl 2104/1300 H Mm JM24 J01 MpKl 2106/800 ■ummj* oao«rr jot lluplll hm/ozk I JM I 020*97 JOI Mum 2106/000 MM* Jay* *****7 J01
        547 words
      • Article
        CONTAINER SCHEDULES
        1385 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Ihinfctontilmo litis SMp ¥oy W Ctfc/ttr Hrtai ftm T« fmi <a an* oma amoo a/OM zyon 2Vom a zynw mw maim 1 MM HAW M/MM 4 MAM M/MW 24/1700 Mi Mm SB MM a/OM MM 2VMM 2VB00 a/M* 2VW0C a
        1,385 words
      • Article
        GLOBAL HOLIDAY
        176 45 Ml Canada Canada Day. M 4 United States: Independence Day. MM France: National Day. United States: Independence Day. Jal 15 Brunei: H.M. The Sultan's Birthday. Jal 17 Brunei: Maulud Rasul. Indonesia Birthday of Prophet Mohammed. Malaysia Brlthday of Prophet Mohammed. Mil Belgium: National Day. Jal 23 Egypt: Revolution
        176 words
      • Article
        COCKETT BUNKER MARKET REPORT
        784 45 THIS report compiled by Cockett Marine OU Ltd. shows price ranase In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesiaed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        784 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        381 45 CartM NO Ma 992.9 04 U Ul 09 MT J»19 MIt Mk MOm As* Ill tifcit MbMom E23 2 0 1 0 0 tPl] 7mT )«tot MM 0-2 B.5 0.07 M 042,* COM MO MM 9914 10 174 0.8 M «MU Wtol »W »HW »M» mi
        381 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        SIA alliance launches shared fare structure
        352 46  -  Esc&p&de plan to allow passengers buy air travel across combined networks by distance value By] Felix Chan [SINGAPORE! Air New Zea» land, Singapore Airlines (SIA), Ansett International and Ansett Australia yesterday launched a shared fares structure less than a week after the formation of
        352 words
      • Article
        Another near-miss over New Delhi; officer suspended
        460 46 Collision avoidance systems on board both aircraft avert disaster, says paper {SINGAPORE] Two airliners were involved in a near-miss near New Delhi, Indian newspapers reported yesterday, leading to the suspension of an air traffic controller. The incident, following a spate of recent near-misses
        460 words
      • Article, Illustration
        Lock icon Nissan's new Laurel
        58 46 [TOKYO] Nissan Motor Co president Yoshikazu Hanawa addressing at the press preview of the new Laurel, unveiled at a Tokyo hotel this week. Nissan announced the domestic release of the all-new Laurelfollowing the execution of a full model revision. The car is priced in a range from
        AFP  -  58 words
      • Article
        Lock icon US firm wins £53m British air traffic control deal
        300 46 FT [LONDON]* Electronic Data Systems, the US computer services company, will today secure the first private finance initiative contract to be awarded under the Labour government, in a £53 million (*****.14 million) deal to revolutionise air traffic control over the North
        FT  -  300 words
      • Article
        Lock icon Toyota hybrid car a big step, say analysts
        435 46 It will gronp a petrol engine, an electric generator and an electric motor under the same hood Reuter [TOKYO] Toyota Motor Corp's plan to mass produce "hybrid" multi-fuelled vehicles later this year marks a {?ig step in the carmakers' efforts to go
        Reuter  -  435 words
      • Article, Illustration
        Lock icon Meant for flying
        89 46 [SARATOV, Russia] The "ECIP" aircraft which looks like an UFO and works on the principle ofan air-cushion while taking off, is standing In the working hall of the aviation workshop in Saratov on Monday. Designed for an order of the Russian Defence Ministry the "ECIP" project was
        AFP  -  89 words
      • Article
        Lock icon Eurotunnel told to seek more long haul freight
        248 46 FT [LONDON] The UK government is refusing to extend Eurotunnel's operating concession without guarantees from the company that it will seek to carry more long haul rail freight. John Prescott, Deputy Prime Minister, wants the Channel tunnel operator to work with UK
        FT  -  248 words
      • LOG Book
        • Article
          Lock icon Daimler-Benz car sales up 4.7%
          97 46 AFP [STUTTGART) German group Daimler-Benz announced on Tuesday that its worldwide sales of passenger cars hit 275,100 units for the year's first five months, up 4.7 per cant from the same period last year. It said that turnover in passenger cars sold under the Mercedes-Bent
          AFP  -  97 words
        • Article
          Continental to buy Air Micronesia
          84 46 [HOUSTON] Continental Airlines Inc said it will pay US$73 million (*****.6 million) in cash to buy the 9 per cent of Air Micronesia Inc that it doesn't already own. Continental will buy the stake in the Pacific Rim airline from United Micronesia Development Association Inc,
          84 words
        • Article
          Lock icon Pilot shortages hit Air France
          58 46 AFP [PARIS] Around 10 medium-haul and 25 domestic Air France flights were cancelled on Sunday due to pilot shortages and a dispute by «ome pilots over their contracts, the company aaid. Some pilots are also on training, officials added. Some cancellations are expected to affect
          AFP  -  58 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1301 46 CITY FlISHT ETA FU6HT ETP AMaMt 0F61 1930 Of82 20S5 Hct Yai TWO? 2105 TG408 0620 J0229 2220 MW95 2150 MNN 166 JSSSm mm KU3T2300 MCMIM VN741 1310 S0172 0930 0125 0655 0126 2355 S0171 1420 ***** 1410 yj25 so26 ***** 1905 VW740 1410 KU37 (455
        1,301 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      19 31 Flights meant for strong stomachs Taiwan has one of the most congested domestic aviation sectors in Asia. Page 2
      19 words
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      Page 31 Advertisements Column 2
      105 31 SIA tie-op's shared fare structure Escapade plan allows access to combined networks. Back Page J. v 'i.'" -9 --^SS I j^l intermaomn ifwisporvpoii w powirxi i«^h II lEAS Inf mrtlonri Ttawportitlon Ltd ChlnJnH Groupage By Seafreight/Consol By Airfreight To:- 19 19 Beijing/Shanghai/Suzhou/Wuxi/Tianjin/Tanggu/Xiamen jg Oafian/Qingdao/Xlan And Many Other Cities In China,
      105 words
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      Page 32 Advertisements Column 1
      754 32 i>>iQAPoitt ini*M«#»ii>iJS^S VfSSH VO* OA! VAN SIA U 5M J VtSSB VOY XA MM OAN lAI CM 9M i D LAMS MY 00W522 M/M M/M M/M M/M M/M *1 MHO! 1« 13/04 15/ M H/M M/M M/M «1/«7 noiiwy sowsm m/m ii/w 12/ M m/m n/v mm my is m/m
      754 words
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      Page 32 Advertisements Column 2
      582 32 Unit A ssfvicss rsprMonlod /ggM\* Accreted Shipping Agante, S pore National Sfrpptng Assoc AaaoctaHon. "^f7^^:w=.s^x* y Pi<^w^^^^Kce EXPORT 3 ipon •2 Hongkong •1 MofJo •1 KootWy K—lung tAcapfcng FQ to MOC/»UMA/Se«Al/CE»UACH ET WM g nemo* wa ait kh nn mi? km vm \im \tm um my tam w mr tuir
      582 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1130 33 1 PAOHC SOUTH WBT EXPRESS (DIRECT) ALSO ACCEPTING WAHAUS VIA lAX/HOU Ivgsa 1 vor I m Fjgra Ism no 1 m bm ib» <m hyc 1 m. I hou I nob sa I mmum on n/ot 1 25/00 1 n/% 111/07 115/07 114/B7 it/17 117/07 1 iy/07 i*/07 114/ ay
      1,130 words
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      Page 33 Advertisements Column 2
      2302 33 (g) HANJIN SHIPPING 1 1 USA UMHMft/VOT OAM (SM SU TO HW W pM DOT Ml Pit IM Mil 005 NTC OK |TN|TO]m TK KomrnvM b/m nm i//»; iw u/w m/m a/M u/>7 a/07 n/»; gg n/07 b/m n/w Iw/w a/w m> n/w ti/w I Mmimwioscoao* m/m m/m u/w m/m
      2,302 words
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      Page 33 Advertisements Column 3
      91 33 Agy l ORIENT EXPRESS LINES (U.K.) LIMITED ygj, (MANAGER FOR SHREYAS SHIPPING UMIIED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VB» YOY SWGtfOM lOMH VB» VOT WW gjjtHM OOQ ADMIRAL 002 30/06 09/07 MEGHNA 825 25/06 06/07 MEGHNA 826 06/07 14/07 NORDKAP 412 29/06 11/07 NORDKAP 413 10/07 18/07 JUTHA PARICHART 003 02/07
      91 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1112 34 <jr DSRSENATOR nA Round the World Container Services TQVMfccmtmsi mouvEKiommsm iam. wr m inn limr ImT m[wit lho Ifwia Iwr lum I wra |wv In— |m |«mt m BBCTW Win an 17J7 it r mm n v u r an choymmiuccem am mm mm mmmm en nti HMUMFBJXSTWK NK7» MM
      1,112 words
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      Page 34 Advertisements Column 2
      1141 34 I NORASIA I VESSEL VOY lam I OOA LAB SCL VAL ALO ROT MX ANT FEL LHA NORSM6A 1775-3 817 I|M 17/17 NN2M7M7M711i17H17»72)|7 MSC JASMINE 9726-3 IM7 2M7 24*7 2M7 9M9 9667 93/ M 97M9 9169 92*9 31*7 NORKEL 1727-3 14*7 91*9 3117 Ml 12*9 13*9 MM 14*9 97*9 MM
      1,141 words
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      Page 34 Advertisements Column 3
      461 34 UNI V J m> ISNMI MXi 9981*37 visja vor no ra vnsa voy m> ra SfOti MIMA SfOti in MMMORT VIM/17 07/07 10/07 MMOWOUKT VOM/07 00/07 10/07 AntGUinr vm/»; 15/0711/07 vncur vm/9715/07 i«/v jrtosrai viM/07 10/07 12/07 tnosra vi«/i7lO/07 ts/v tfttGUXT VIM/07 M/ 07 27/17 ARM MOST VIM/07 M/ 07
      461 words
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      Page 35 Advertisements Column 1
      1255 35 IWMB. VOV «N POU PKO PCN BLW I IA I IK MAN OHKYAMAT PJ4.-1236 21/09/97 £1£!2! MAN NABUVAT PJL-1243 12/07/97 14/07/97 23/07/07 26/07/07 MANYAMM PJL-1229 10/08/07 MAW WM-AD PX-12M 30/00/07 18/07/97 11/07/07 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN. ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN.
      1,255 words
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      Page 35 Advertisements Column 2
      1653 35 DiKT I Jdfl 111 <11 MYSIIOMHIOMRI I MMMUHHMYHMAAMO4OMI J SINGAPORE'S GENERAL AGENTS: 4 SMENTON MAY TO: 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OfFKE; COSTAR SHIPPING PTE LTD #17-oodoshm sales/kkgs 4205M1/43 inward dipt (D/o) ******5 COSTAR AGENCIES (M) SDN BHD quo: *****W***** TOWB TWO (*****9) CONVIMTIONAI *****50/55 T/SHPMT DIPT
      1,653 words
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      Page 36 Advertisements Column 1
      1182 36 E REACH BW-014 IMMI IMP tfih IM7 n«7 2M7 23/87 E. GARLANO*-OM KM MM MM MM WW MM MM I REMAND RW-M4 MM »I 7 JM7 JM7 »I 7 JM7 3M7 f. "M IMO ItM IJM "7*7 E. RIGHT RW-OM 1W 11/* OOM 02M 04M OBM OOM E. GLOWING RE
      1,182 words
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      Page 36 Advertisements Column 2
      1051 36 Ivnsa votmi scp mm ma mm mm mm iwt mi vnsa votmi mm jm mu mm mm scp I IMCOKOOD ***** MV OJft lift 13ft 14ft liV lift 14/07 I/ft UNONWAIO *****2 ft 14/* 17/14 30ft IMCOMM *****JW 10ft 20ft 70ft 71/07 72ft 7V07 71/07 24ft UN OUT *****3 ft
      1,051 words
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      Page 36 Advertisements Column 3
      425 36 IS\ NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VBSE I VOT I SI I I Wi I (FT now oiss vftk wv n/w 14/17 IUKUI miKESS 01SS OS/D 7 10/07 73/17 mttlQUB WIS 13/07 72/07 30/07 M/ 07 mmrtwci ous 77/07 io/o> ivm mmwws otis Q7/w iyw ?</oo
      425 words
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      Page 37 Advertisements Column 1
      682 37 BSfl x e !fsßisn!sPsfE9sl!sS!^^y M MYANMA \HMMk FIVE STAR UNE (Myaamar Natioaai Um) w Loading far Yoagoa (Rangoon) VESSEL VOY SIN PKG P« PGU PAGAN J44W 5U> PATHON 141W 24/04 MALAYSIA AGCNTS: BOUSTIAD SMPPMG AGENQtS KUL TH 91-03-*****04 PKL Ttt 02-03-37*4101 Pflfc 1H 02-04-*****02 PGO: IB 02-07-*****21/4 BANK LINE (A
      682 words
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      Page 37 Advertisements Column 2
      1180 37 HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 Ivem I voy m I la I no aw I nao I mi I NYMMN J47W 20/04 14/07 17/07 14/07 10/07 20/07 22/07 NY EMPttOt MAW 44/07 23/07 24/07 24/07 24/07 H/07 20/07 NYOdnUl 344W 13/07 30/07 31/07 02/04 02/00
      1,180 words
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      Page 37 Advertisements Column 3
      609 37 (tg FAMOUS CONTAINER UNES JJ#— 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT LINE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 UNES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT
      609 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      44 39 To retrieve more schedules, just follow these simple steps... document Jbial 740-6000 tep ill be your key in the four frjjfthone number digit code Kev in vour Example: r-L fax number To NEW YORK (NYC) 2275 .u o- United States for calls within Singapore
      44 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      380 41 7mm!aal w~«y UIA fa m fODICaI Sarvkas to Caribbaan lihiVpi"" A Canlrai Amarica AnPHUmNESI AHCNMA 014E 019E Port Country 02/07 09/07 Baiiza Ci«y Mai 05/06 12/08 Brdgetown Barbados 08/08 15/08 Cartagana Colombia 07/08 14/08 Caiiri«s Si. Lucia 07/06 14/08 Fort da Francs Martinique 08/08 15/06 Fraaporl Bahamas 03/08 10/08 Kingston
      380 words
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      Page 41 Advertisements Column 2
      976 41 ADVANCE CONTAINER LINES (PTE) LTD 140 Cadi Straat, #12-00, PIL BuNtflng, Singapore *****0 'A* i,J Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL —CR NO. *****M0000E UWWOK JAKAKTA n Semeo>*»«a PAT. LCH > tSS lsr~ ttivlv. m/WW. (Jot's* SHAK VMMUTC2) 935 28/06 Sd 01/07 tie '05/07 Set y/S tL
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      Page 41 Advertisements Column 3
      799 41 VOWELS WY IMW JH> I WP IB« HUM HTM THP I ANR I mlled-orkjn vaow men iam iw tyor mm mm mm mm WLLgQEVELA vaow OUST WOT IM7 27/07 WOT WOT 31/07 01/ M \4lleoecapbi> T2iw iaw7 23/07 aawy <wn» ombs omos or/ot osws |*LLEOEUBRA L2IW WOT 30/07 01/08 KMBB
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      856 42 1 >T »UAM VESSEL VOY SIN BKK VESSEL VOY WN PKL XETHABHUM 207W Thu In Pt Sun 29/06 BUNOASEROJA 7148 Thu to Pt Frl 27/08 NANTA HUM 361W St 28/08 Tu» 01/07 JAUU BHUM 7387 Frl 27/08 Sun ANANBHUM 72H Sun 28/08 Wod 02/07 B.MAS ENAM 751S Sun 2*oB Mon
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      Page 42 Advertisements Column 2
      588 42 PUL INTERNATIONAL ♦Mrf II I Hi II I I I fc»H d Ipat MnklHMli IK tayp|>Mli4SMa m wm. (haiMßtpaiMlhbK jWßuncn «aww va f vor I a I mi I m pm tin I iT>«n m I IBBi um Stfti fIP I Sfrß Ift I 86 fiw I ■loaiui Imi SSI
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      Page 42 Advertisements Column 3
      651 42 1 ACCORD A SHIPPING PTE LTD TR*****556 (40 Urm) MX *****346 Km DAMS (03) M7IMI U M DIMCT ACCESS Til: *****57 (EXPORT 0OOKING) MfIICMMW 1377 *****87 (IXKMT DOC), *****64 (IMPOST) MMMC ($4)53i144» USIjHTTFJ//WWWJ6CCOSOXOM.SO jkUum (2HM1177V VAA^ potr mi sw pot! m siw row ra sm poit ra sw (FAR EAST)
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      Page 42 Advertisements Column 4
      46 42 0 HANGLI SHIPPING WRECT REGULAR 555 JAKARTA SURABAYA JNUKTA 25/06 P.KNMMM 03/07 04/07 P.JW 07/07 06/07 P.MKIEM 12/07 13/07 P.KNJMNIMI SURABAYA 01/07 01/J7 ——W W— 05/07 06/07 SMNrami 14/07 15/07 IWBIWM 20/07 MMMM UNITED SHtPPMG ORGAMSATION FT. INDONESIA SHANNON MARITIME CORP. PANAMA TEL: *****88 FAX: *****00
      46 words
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      Page 43 Advertisements Column 1
      649 43 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE fSINOTRANSI \~mM- J 8 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 BINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VtSSa VOYAGE ETA SIX ETAHK6 EIASHA GOOO LUCK 9716 27/06 02/07 06/07 1 HEW HAIHUNG I 9704 04/07 09/07 13/07 6000 WEIL 971S 11/07 16/07
      649 words
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      Page 43 Advertisements Column 2
      214 43 EX PKG TO HONGKONG IX MCGTO PUSAN IX PKG TO SYDNEY MV Xy EXPRESS' V.726N MV "EUROPEAN EXT V.OBN MV *B. KENART V.221 ETA PKG 6-7-97 ETA PKG 8-7-97 ETA PKG 6-7-97 BKO CALLS HiWW/ VtVtN/CHKBYL fHi Q3-*****77 BMSMNI/IYPNiY/MIIBOUKNiI AUCKLAND I mv "Am mnvmr voss mv "ruhwotr my- vms ETA
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      Page 43 Advertisements Column 3
      151 43 BstACONCSTT svoe RdnVAtw/UK/N»i I SAMM FORTUNE C>VO7 RdnVAtwAJK/Nwi ■sv TRADER IMJ7 20*07 Nm***iVAln*JK I ■MURATKRAN 25/07 2BKJ7 NvrtUnVAtwamnAJK J' Lcwdi EJW. Indonwf IM ■SAMM FRONTIER HodaidrfVJ«*fch/Aqaba/Eflypt I ■pan CRYSTAL Oubai/BahnttDanvrw/Kuwait ■LEOPARD 1 AdarVJKleWVAqatM/HocMdah ■SEA RESOURCE HocMdatVJKkMVAqaba/Egypt I I ■PANQUEEN LoaAngilnfrlw Oil— I Norfofc/Cvnden I ■OKTEMAKSOY LwAngalwfffw I 1* NoMMCamdan I
      151 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      389 44 ShippingTimes business Centre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. m <3 J snA Call 740-6000 "ffia Press "1" key in Document
      389 words
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      Page 44 Advertisements Column 2
      338 44 *21 Key in your fax number Enter your phone number ou To Products Services Turnkey Factory Automation System Automated Storage and Retrieval System Automated Guided Vehide System (AGV) Rocking Shelving System X. 9p Consultancy and IZ Engineering Services L||! g 0 1 Efc j Multi-storey warehouse: Tua»Av«nuei3 10, CXX) square
      338 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      120 45 LKGCND: R Thund*r*rorm T*mp*rotur* c A V Shouji W«oth*r Wind dfr*ction with K»«d in knot* ••Rain Qj Cloudy Sky Wov h*«ht Swf»e« (Ml *r* indicated by arrows wteck Hy witk Mm wM On* KJ cird* r*pr**«nt* cakn or light and voriobi* wind* On* half fMw r*or***nt* 5 knot* l—» On*
      120 words
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