The Business Times, 1 August 1997
1997-08-01
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The Business Times
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Title Section12 1997-08-01 1 THE BUSINESS TIMES MITA (P) 023/1296 SINGAPORE Internet- http://www.asial.ooni.ag/biztimes FRIDAY, AUGUST 1,199712 words
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Article19 1997-08-01 1 —i mono*— /uf.'):" *y j MSOBL., I. Z .V '.V tt.7» ,tm ngwr IWIOBlZ MM (Source: NatWest Bank)19 words
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606 1997-08-01 1 Lee Han Shih - Mrffanitargßton supply of private homes, says ministry By Lee Han Shih [SINGAPORE] The National Development Ministry said yesterday that it is studying the letter of appeal by property developers to curb government land sales, and. pointed out that it does not have any606 words
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Article, Illustration469 1997-08-01 1 Harish Mehta - IttkelltkhMxr, it Mm plan to raise limit to 30% From\ Harish Mehta in Bangkok THE Stock Exchange of Thailand yesterday backed out of a plan to allow greater volatility in share trading, a move analysts said reflected fears of an unstableSource: Bloomberg - 469 words
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164 1997-08-01 1 Reuter [MOSCOW] Billionaire financier George Soros funded Russian government budget shortfalls on several occasions, in particular in the interval between recent Eurobond issues, a former top government official said yesterday. "There were instances of (Soros) giving credits to the government this year in theReuter - 164 words
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Article, Illustration79 1997-08-01 1 [SINGAPORE] Three workers at the Great World City along Kim Seng Road taking a break yesterday. They were touching up the facade of the retctil and (tffke development which is scheduled to open in mid-September. Developed by the Kuok Group, the project's anchor tenant is OG departmentCHRIS LOH - 79 words
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316 1997-08-01 1 Eddie Toh - SBm,UBWt rflwlw (lfaqwHi, fnt nffltMplcKikitUr From, Eddie Toh in Kuala Lumpur THE Malaysian government will step In and appoint a new contractor for the massive Bakun dam if the developer and the main contractor fail to resolve their dispute over the main building contract,316 words
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Advertisement10 1997-08-01 1 tfkttfavum eflll 4n cnaiiTiian wiuiwp in BrMliLn. 12 jgMPAMgy 13-IS {){)><],?\,@:%}?&);.>&,-|:]}?<?10 words
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Advertisement11 1997-08-01 1 Readers' totters, Pg2 shoots itself in the foot, Editorial Pg 1011 words
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Advertisement63 1997-08-01 1 I m M m m M' M MJ' Jm H j^m M y« yV yW M >/ M OC n X I 150 YEARS OF HISTORY AND ROMANCE Cartier boubque/ Singapore Millenia Walk, Ml -22/23, 9 Raffles Boulevard. Tel: 339 0183 Ngee Ann City, Tower B, #01-11, 391 Orchard Road.63 words
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SINGAPORE AT HOME & ABROAD
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663 1997-08-01 2 Chuang Peck Ming - YBSTERDAT Df PARLIAMENT Nimber double that «f cirrait output, Tiny Tan says in ovtliaiag three key natowsllj issues Byt Chuang Peck Ming AS the economy needs 17,000 graduates a year by the year aoor— almost double the cur- rent output—the government "must give663 words
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322 1997-08-01 2 Toh Han Shih - PC isors need to have a decoder card costing $298 By Toh Han Shih PERSONAL computer (PC) users in Singapore can subscribe to a new fast Internet service from today which is broadcast through TV signals. They can receive Net websites and softwares322 words
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188 1997-08-01 2 Diana Oon - By Diana Oon GOVERNMENT-linked developer Pidemco Land yesterday awarded a $45 million contract to Japanese construction com- pany Tekken Corporation. Tekken is appointed the main contractor for Pidemco's 1230 million Avalon project on Steven's Road, comprising 82 freehold apartments. The project, built188 words
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Article, Illustration402 1997-08-01 2 Abdul Hadhi - By. Abdul Hadhi TOLL charges to be imposed at the second link to Malaysia at Tuas will be "reasonable", National Development Minister Lim Hng Kiang said yesterday. The bridge will be opened to traffic on Jan 2,1996. Tolls will alsoARTHUR LEE - 402 words
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334 1997-08-01 2 311 agendas retained In Theme; anether fifl aiaiitted for 2 years NINE property agencies, in- eluding well-known ERA Real ty Network, have been struck j off the Housing and Develop- mcnt Board (HDB)'s Listed Housing Agents Scheme (LHAS). I ERA was in334 words
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475 1997-08-01 2 Thomas Ling - LETTERS TO THE EDITOR Thomas Ling I THINK this should have been a letter written by the president of Redas sometime in July 1992. "J think the private residential property market is better than previously thought. The newspaper article on the market475 words
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366 1997-08-01 2 Frank Ong - Frank Ong I REFER to Mr Heng Chiang Meng*s letter to Mr Lim Hng Kiang reproduced in BT yesterday and Mr Heng's attempt to seek government intervention in reviving the property market. I am shocked that after eight good years for developers and366 words
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Article, Illustration325 1997-08-01 2 Jenny Lam - ETEOMTHEBOOMOMT Commerce Jenny Lam THE May catering trade data reflects the tough business climate in the food catering industry. To start with, the catering trade index fell 0.1 per cent in the month compared to a year ago the first fall at constant prices (orSource: - 325 words
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162 1997-08-01 2 THE Van Leeuwen Pipe and Tube Group, a worldwide distributor of steel pipes, valves and fittings, yesterday started construction of its new regional head office at Pioneer Road in Jurong. The new headquarters, consisting of a three-storey office block and162 words
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Page 2 Advertisements
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Advertisement9 1997-08-01 2 HOME DECOR > For people who love their homes J9 words
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Page 3 Advertisements
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Advertisement223 1997-08-01 3 l99^S\ a M tok Investors today are increasingly This Internet ■HHHH turning to electronic media link provides ■HMBHBHjHB faster to updated investors with financial access to Directory is designed to help you reach on member IHBBBiiI^HBBk these potential companies and investment efficiently. I UnC S/ P' us SES website k223 words
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FOCUS: ADVERTISING & MARKETING
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Article, Illustration617 1997-08-01 4 Ang Wan May - By Ang Wan May (SINGAPORE] Royal sporting House is facing its biggest challenge in its 19-year history. If it makes it through the next three years, it will become one of the largest homegrown retail chains abroad. The plan is to double sales toFILE PHOTO - 617 words
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Article62 1997-08-01 4 IrtwMttoMUmttiitu teiriM KB&MMT* (imxismh rwiwnm i*£* Typiilw (WAMS17) btMkwClr M77WHO Augl5-T7 MkWwM Expo Singapore TtapimHI MWmttm TkHhi a*im» mrvvwcwssar n>iinii im^ri C«rontolofy SiRfipin €MMllHft SrfriRt (wttll nMMbm) bMMttaaClr S®4sT^J An® 1#-22 TlwMWHwCMH feimMMt i Enadw rm iiE^ Kt«H» A*«24-H 1l*22*CMfVMCt« NMNmOM flHlii S toMrMhCMcnto ttppm T47SMM2 KStradarts DllMHni^62 words
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Page 4 Advertisements
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Advertisement127 1997-08-01 4 THE STORYTHE I ■B Si e#7A I WORLD'S WAITING I rMmnmrrrTplfrM TO READI I WfjjM jp*> iP *> One journalism's greatest scoops the trial of the notorious Khmer Rouge guerrilla Pol Pot in the jungles of Anlong Veng only have been obtained by Nate REVIEW'S Asia H correspondent. Time and127 words
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Advertisement0 1997-08-01 4 "|*,>-]%|$|"%{{>|+{%$<&/'}!&]>)0 words
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SOUTH-EAST ASIA
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405 1997-08-01 5 KUALA LUMPUR April curbs on lending for stock, property purchases worked, says Bank Negara deputy governor AFP MALAYSIA'S deputy central bank chief said yesterday that while asset prices in Asian economies had risen "quite rapidly", those in Malaysia had "definitely" stabilised followingAFP - 405 words
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351 1997-08-01 5 MANILA pjpUippine economic full infill ilii p" 1 good, says central bank governor AFP PUBLIC perception, such as expectations of a peso depreciation, has often made the Philippines vulnerable to currency speculators despite the country's strong economic fundamentals, monetary officials said. officials denied thatAFP - 351 words
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NOTE Book
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Article47 1997-08-01 5 AFP {BANGKOK] Japan's Honda Motor Co Ltd yesterday shipped out its first batch ofThal-inannftrtarsd ears to -Singapore in a symbolic boost to Thailand's flagging export performance. Some 130 Honda City cars wsrs assembled at Hoifdas factory in Ayutthaya, south of Bangkok. AFPAFP - 47 words
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Article70 1997-08-01 5 AFP j| [HONGKONG] The new Khmer Rouse military chief says former dictator Pol Pot has been ousted after be admitted piis crimes, and has launched an appeal for international fhelp, Far Eastern Economic Review reported yeeterday. Im Iwguon told US Journalist Nate Thayer thatAFP - 70 words
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67 1997-08-01 5 Reuter f. {JAKARTA] Indonesian Coordinating Minister for Politic* •iand Security SusiloSudarman said yesterday the I? government regarded the case of the Jakarta riots in July „Innt ymr im Whig rloeod TTwr rnwtwtM^ k of Human Rights in a report In Octobsr last year found five PpeppteReuter - 67 words
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Article, Illustration54 1997-08-01 5 [MANILA] A Filipino woman displaying some Japanese electronic Tamagotch toys in a Manila mall yesterday. Education Secretary Ricardo Gloria ordered a ban on the toy in schools and public offices saying that the Japanese-made virtual reality pet, costing aboutsoopesos (5525.28), is affecting the education cfchildren and the productivityREUTER - 54 words
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Article224 1997-08-01 5 BANGKOK AFP HONGKONG'S Hopewell Holdings yesterday missed a deadline to submit revised plans to complete a long-de-layed road-rail transit system In Bangkok, the Thai transport minister said. "Hopewell said they would inform us of their progress by the end of this month (July), but (yesterday) weAFP - 224 words
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Page 5 Advertisements
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Advertisement161 1997-08-01 5 Finally. You dont have to part with an arm and a leg to satisfy your ears and your eyes! f sjllii'. Beo Vision MX 6000 Ssl94* i J I BeoSound Century ssm* I fl -mm m M H I' Bj I H' I m 1 f I Home Ssl,BlB** 1161 words
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CHINA-HONGKONG-TAIWAN
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429 1997-08-01 6 Bruce Cheesman - TAIPEI CMtfef say companies an mrextending theasefoes and may faceanotker prtdnetkagfrt By Bruce Cheesman IN an act of faith in recovering chip prices, IC (integrated circuit) manufacturers in Taiwan have disclosed huge investment plans that will lead to 30 new429 words
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135 1997-08-01 6 BEIJING AFP CHINA urged Washington yesterday to withdraw plans to issue a US transit visa to Taiwanese President Lee Teng-hui, warning the move could only damage Sino-US ties. US State Department spokesman James Foley said on Wednesday the US expected to issueAFP - 135 words
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Article, Illustration356 1997-08-01 6 TAIPEI Interest In electrical issues, construction sends stocks np as HT$ hits 9-year low AFP, Reuter THE Taipei bourse's key index soared past the 10,000point mark to its highest close in more than seven years yesterday, while the Taiwan dollar slumped toAFP,; Reuter; AFP - 356 words
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Article, Illustration427 1997-08-01 6 Loh Hui Yin - HONGKONG *One country, two systems'coming along 'ray, very well indeed', he says By Loh Hui Yin A MONTH after Hongkong became part of China, it's business as usual and that also includes the usual demonstrations, law suits and media scrutiny which427 words
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Page 6 Advertisements
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Advertisement190 1997-08-01 6 -v 111 J ':'•< V* :fc j i V it ?l j'j* ''A HP -iv.-. v .v»:w-° >-•;.••-. it (.afL-: ''at ft nMOb Only the French v can get turned on |J| by tiny drops of rain. Of course, we're referring to the fact that steering control. And a unique190 words
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ASIA
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562 1997-08-01 7 Anthony Rowley - TOKYO Shares M; media reports suggest (resident, chairman my step down soon Anthony Rowley WE fall-out from Japan's Spreading scandals over sokaiya corporate extortionists continued yesterday as Japanese media speculated that both the president and chairman of Yamaichi Securities would soon resign in562 words
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291 1997-08-01 7 *TOKYO Bloomberg JAPAN'S Ministry of Finance will allow commercial banks to sell mutual fUnds from Dec 1, as part of the government's "Big Bang" campaign to tear down the walls separating banks and brokerages. Under the plan, commercial banks can invite companies thatBloomberg - 291 words
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Article, Illustration208 1997-08-01 7 THREDBO, Australia Reuter RESCUERS searching for up to 20 people buried in the ruins of two Australian ski lodges destroyed in a landslide said yesterday there were no signs of life in the wreckage. But as darkness fell in the Snowy Mountains, 400Reuter; REUTER - 208 words
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Page 7 Advertisements
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Advertisement43 1997-08-01 7 SINGAPORE'S MOST PRESTIGIOUS EXECUTIVE OFFICES mm iprpiiifjsi •ii|||||||||jj.!:i| n j 'j H ill! 1 «f Jljf ]j nit 111 I I i 6 BATTERY ROAD Level 22 CENTRAKO BUSINESS CENTRE PTE LTD l.'-'linlO f,i.« -H8 (■•■81 E mi,ill bdtU l < •■ntrnk ni<km vj43 words
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Advertisement309 1997-08-01 7 ■bbbbhi Introducing the NEW fflßt m With a host of advanced features, the OSIM Leisure 2 massage couch is ergonomically designed to give you ultimate relaxation in the comfort of your home. And it can be yours now at a special promotional price. Come try it out now at the309 words
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THE WORLD
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Article484 1997-08-01 8 WASHINGTON Inflation lowest since '60s; weak consumer spending accounts for much of slowdown Bloomberg THE US economy cooled at mid-year while inflation registered the lowest readings since the early *****, Commerce Department figures showed yesterday. The gross domestic product grew at a 2.2Bloomberg - 484 words
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Article, Illustration597 1997-08-01 8 Leon Hadar - WASHINGTON But analysts are sceptical of the real effects mi economy BY\ Leon Hadar PRESIDENT Clinton and the Republican leaders of Congress will be celebrating this week their flve-yaar plan to balance the Federal budget for the first time in 30 years,REUTER - 597 words
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259 1997-08-01 8 LONDON AFP A DIRECTOR qf Barings Bank, brought to its knees by rogue trader Nick Leeson in 1995, was banned by the High Court from holding company directorships for four years, the British government announced on Wednesday. Angus Maclean was singled outAFP - 259 words
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186 1997-08-01 8 JERUSALEM AFP ISRAEL arrested dozens of Palestinian militants yesterday and threatened raids In self-ruled areas following a double suicide bombing in a crowded Jerusalem market The Israeli authorities also issued an arrest warrant for the chief of the Palestinian police, General Ghazi Jabali, in a seriesAFP - 186 words
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WORLD Watch
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79 1997-08-01 8 Reuter [PARIS] France could offer a minority stake in France Telecom for sale in September, relaunching what could be the country's biggest ever market float, an official source said yesterday. But the Socialist-led government, elected two months ago pertly on a platform of opposingReuter - 79 words
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59 1997-08-01 8 Bloomberg [BONN] The Federal Ministries of Finance and Internal Affairs said they would pay 20 million Deutschemarks (S$l6.Q2 million) in direct aid to flood victims In the eastern German state of Brandenburg. The aid conies as thousands ofpeople were forced to evacuate their homesBloomberg - 59 words
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60 1997-08-01 8 Reuter [BONN] Chancellor Helmut Kohl's government vowed yesterday to have another crack at pushing through sweeping tax reform legislation, just hours after Parliament's mediation committee had thrown out the plana. The ruling coalition plans to ask Parliament to send the 30 billion mark (5524.03Reuter - 60 words
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89 1997-08-01 8 AFP [RAMALLAH, West Bank] The Palestinian Legislative I Owncil matte an unprecedented call yesterday for Pi MlteM Yasser Arafat to replace his entire self-rale I CabtoeMue toourrupthm accusations. "The council I passed s resolution calling on President Arsfht to reform 1 his cattnet andAFP - 89 words
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89 1997-08-01 8 AFP [ZURICH! Swiss President Arnold Roller yesterday hit j back at critics ofhis proposed humanitarian ftind, insisting his government had not caved In to pressure from US Jewish groups and politicians to aid Holocaust victims. "The solidarity foundation is a great idea tor our country.AFP - 89 words
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252 1997-08-01 8 LONDON Reuter dSctocellor of the Exchequer Gordon Brown has reaffirmed his desire for a ''stable and competitive pound over the medium term". Mr Brown said that exporters and industry, hit by the rise in value of sterling, wanted the government above all toReuter - 252 words
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Article, Illustration854 1997-08-01 8 Kelvin Sullivan - Bnrgar Sing bows out of Ftaaes while some govts grapple with dunging times IDlMil vmw By Kelvin Sullivan Managing change is the essence of sound business, successful politics, and happy relationships. The facts are as follows: a) change happens, often unpredictably; b) it generates854 words
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Page 8 Advertisements
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Advertisement91 1997-08-01 8 lOFFERMANN MADE IN GERMANY SINCE 1842 *j V r. m Ik. sft0A 4 ■*.> ;:r Th« hallmark of Offermann is restrained tUganc*. This superior Business caso providos optimal porformanco duo to its strength, layout and lightweight construction. ffKVTrDKKK COmDInGTVOn KXKS MSUVf easy uso and high security. A special additional feature91 words
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Page 9 Advertisements
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Advertisement155 1997-08-01 9 I Introducing the new Royal tv Sun Alliance Insurance Group pic. The outcome of a successful merger in Kngland, between Royal Insurance Holdings pic and Sun Alliance pic in luly l lK >o. The result, a phenomenal SSI32 billion excess total assets derived from transactions in over 1 2 1155 words
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EDITORIAL & OPINION
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Article, Illustration685 1997-08-01 10 Eddie Toh - MTMUII OPINION By Eddie Toh The writer is BT's Kuala Lumpur correspondent TING Pek Khiing, the developer of the M515.5-billion (SsB.6 billion) Bakun dam in Sarawak, has finally disclosed the nature of his dispute with the main contractor, Asea Brown Boveri of685 words
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Article109 1997-08-01 10 'We must bear in mind that we are not building stores. These are shelters for human beings.' Anwar Ibrahim Malaysia s Deputy Prime Minister to housing developers on louxost homes. 'Why can't 1 sit down to a koala steak or a breast of sulphur crested cockatoo?' -Joe109 words
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Article688 1997-08-01 10 EDITORIAL IT was surprising, nay, shocking to see the Real Estate Developers' Association of Singapore (Redas) appeal to the National Development Minister to scale back government land sales for private housing. Although some property consultants have been advocating this for months now, developers themselves688 words
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Article, Illustration936 1997-08-01 10 Gary Mead - El Nino weather systems are building op bad news for commodity-growing regions worldwide By Gary Mead FT PEACE and goodwill to all may be in short supply this Christmas, if some long-range weather forecasters are to be believed. There is a growing consensus among meteorologists that oneFT; REUTER PHOTO - 936 words
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Article308 1997-08-01 10 James Tan - MAILBOX James Tan President Chinese Australian Chamber Of Commerce Southport, Queensland IT is obvious Patrick Ngai (BT, July 22) has an axe to grind when he wrote his letter headlined "Asians should avoid Australia". By publishing his letter The Business Times must take full responsibility308 words
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Article522 1997-08-01 10 ANY attempt to force financial sector reform through the US Congress deserves respect. As so often before, the latest effort falls short of the mark. The bill now under scrutiny in the House of Representatives' finance and hazardous waste subcommittee, known affectionately as "cash and trash",522 words
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Page 10 Miscellaneous
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Page 11 Advertisements
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Advertisement841 1997-08-01 11 •V-*.* -Jfi SINGAPORE BUSINESS 'r* tr &> Giving you the winning edge j f> U V t >\ r- '•>: vre 110 IWWlflima 111 an Dlir dUU Uttl yi ndillldll. >•.,.- >^ ;Where to wine, dine and @>fts«r I 'fl 'HHinEVMIHniIIH I Mitt Latter way to oaUxate a great ntk841 words
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Advertisement96 1997-08-01 11 24-hour Coffee Home let floor The Chicken Rice Capital Of The World 333 Orchard Road. Singapore *****7. Tel: 737 4411 Sink your fe«H\ info succulent- CUoice l/S R«eP SUCW ms Te*>£rtoiH, T-&OH*, sirloin or Ribeye $0r onty $l5.tS! Or Savour A twftfwl&Mlg Sfr«*> of f *sf* >isUes. vJUere If COul>96 words
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Page 11 Miscellaneous
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Miscellaneous675 1997-08-01 11 TV&EAPIO MMIH Cameo Show. kah. 4am dm tv i n lOISO News 5 Tonight. C3O Doctor. 2 rpvvl \ui ,nnovatlons 11.00 Friday Supper Treat: A 1030 The Deity. 7XI ln rs Date With Julia Robert: IL3O TV Innovations. iPQ (Set Our Lao AM Close. LOO AM Friday Late Night fIHBHHHHHMHM675 words
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Miscellaneous340 1997-08-01 11 UKVPTIU CROSSWORD Still without a subject for dis- IH-— cussion? (10) P I 1 p I I I 8 Street in Paris many deplored ■ht— 9 Plant producing a variety of materials (5-4) I I I II M I 1 1 I 11 Boat obtainable for a pound in HbT2340 words
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EXECUTIVE LIFESTYLE
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Article, Illustration978 1997-08-01 12 BEN MUNROE - A recent exhibition by a veteran photographer and his protege shows that colour photos can be as artistic as black-and-white ones, says bbniidiibiOE BEN MUNROE STILLS and Movement, showcasing the work of veteran Williaip Chan and his newly-found protege. Daniel Zheng, follows hard on978 words
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Page 12 Advertisements
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Advertisement738 1997-08-01 12 Bi. AM ERICAN EXPRESS BANK (a mmrni ahUhnr aT Amartm tfiw Company) CONSOUDATED FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31,1996 n+mmMO»*ar. ano»oat CONSOUDATED BALANCE SHEET (Millions of US dollars, except share data) REPORT OF ERNST YOUNG LLP December 31 im ins INDEPENDENT AUDITORS am Cash and noninterest earning dyoiiu with banks738 words
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Advertisement334 1997-08-01 12 r In T.f, Subscribe to IfeBUStNESSTIMES now and win exotic Royal Caribbean cruise holidays! Business Times is a paper with an opinion, providing readers with thought-provoking analyses and commentaries. From 18 July to 15 August 1997, we give you an even better reason to subscribe to The Business Times. All334 words
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COMPANIES & MARKETS
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439 1997-08-01 13 R Sivanithy - IfejM'merger dml with Naadaq-listed firm eraM gjve Acma USs44mbMk profit By] R Sivanithy [SINGAPORE) Diversified telecommunications firm Acma Ltd yesterday ended speculation surrounding the fate of US associate Hayes Microcomputer Products by announcing that Hayes has finally managed to gain a backdoor listing439 words
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252 1997-08-01 13 [SINGAPORE] UOB subsidiary Industrial Commercial Bank (ICB) has announced slightly better interim profits while earnings at insurance arm United Overseas Insurance (UOI) were dented by the lacklustre stock market. —For the six months ended June 30, ICB's net gain252 words
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277 1997-08-01 13 [SINGAPORE] Pacific Can Investment Holdings has agreed to acquire a Malaysian property company for $11.56 million, paving the way for the can making-cum-construction company to diversify into property investment and development The company said yesterday it would buy a controlling 51 per cent277 words
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806 1997-08-01 13 R Sivanithy - HOCK LOCK SIEW R Sivanithy 1.1 VER the past week, we've had four listed companies making significant announcements either about earnings, new products or new developments Creative Tech- nology, Venture Manufacturing, IPC and Acma. Oddly enough, despite the obvious price-sensitive nature of the806 words
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Article, Illustration324 1997-08-01 13 Tan Su Yen - By Tan Su Yen [SINGAPORE] DBS Land is adding another piece of history to its hotel portfolio with a $64 million deal to buy the 100-year-old Hotel Vier Jahreszeiten in Hamburg. The purchase, made through subsidiary Raffles Holdings, works out to 1396,000 for each of324 words
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COMPANIES
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Article622 1997-08-01 14 Quak Hiang Whai - He produces fignres to refnte claims that market is speculative and volatile Fromi Quak Hiang Whai in Hongkong THE Hongkong bourse is no cowboy market, its chief executive Alec Tsui said yesterday, adding that it is now the sixth largest in the world in622 words
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378 1997-08-01 14 Tan Su Yen - By 1 Tan Su Yen [SINGAPORE] Roly International Holdings yesterday reported a 52.9 per cent fall in net profit to US$7.B million (5511.4 million) in what it described as "a year of transition". Roly markets home decor products and children's consumer products378 words
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147 1997-08-01 14 [SINGAPORE] Singapore Telecommunications yesterday signed a mutual cooperation agreement with Telephone Organisation of Thailand (TOT), its rumoured acquisition candidate. Under the memorandum of understanding, the areas of cooperation include joint projects, working on TOT's privatisation and preparation for .competition, and staff exchange. Sing Tel147 words
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Article, Illustration299 1997-08-01 14 Diana Oon - Fadrioo Cafe will open in The Paragon by the middle of next year By] Diana Oon (SINGAPORE] Orchard Road will soon welcome another "theme restaurant" chain, Fashion Cafe, owned by supermodels Claudia Schiffer, Elle MacPherson, Naomi Campbell and other partners. The restaurant will takeFILE PHOTO - 299 words
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334 1997-08-01 14 Jenny Lam - By, Jenny Lam [SINGAPORE] Khong Guan Flour Milling slipped into the red with a $1.04 million loss last year compared tp.a net profit of $1.06 million the previous year due mainly to a $3.69 million loss suffered by key subsidiary334 words
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INTERNATIONAL COMPANIES
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585 1997-08-01 15 But analysts say it 11 be hard to find a top-tierCEOto work with Apple co-founder Reuter [SAN FRANCISCO) Apple Computer Inc stock jumped 5 per cent on Wednesday amid speculation that Steve Jobs, the company's charismatic cofounder, would be named chairmanReuter - 585 words
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229 1997-08-01 15 Strong sends Glaxo income down 2% Bloomberg [LONDON] Glaxo Wellcome said interim pretax profit fell 2 per cent, within expectations, as the London-based drugmaker suffered from the strength of the pound and declines in anti-ulcer drug Zantac. The world's second-biggest drugmafcer after Novartis AG said pretax profit in the halfBloomberg - 229 words
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260 1997-08-01 15 Reuter [LONDON] German industrial giant Daimler-Benz AG said yesterday its group operating profit more than doubled in the first half of 1997 to 1.85 billion Deutschemarks (551.48 billion) from 827 million marks in the same period a year earlier. The group, Germany's largest,Reuter - 260 words
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Article, Illustration448 1997-08-01 15 Heavy investments to break into local markets also prove to be drain on earnings Reuter [NEW YORK] Long-distance carrier MCI Communications said on Wednesday that profits edged lower in the second quarter, hurt by competition in its core long-distance businessReuter; Source: Bloomberg - 448 words
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223 1997-08-01 15 Bloomberg [WELLINGTON] CDL Hotels New Zealand, the nation's largest hotel owner and operator, said first-half net profit fell 40 per cent, reflecting a one-time tax charge and the sale of assets in the same period a year earlier. Net profit fell to NZ$4.BBloomberg - 223 words
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179 1997-08-01 15 FT [LONDON] BAT Industries surprised investors by not raising its interim dividend, blaming the strong sterling and uncertainty linked to last month's US tobacco industry legal settlement. BAT shares closed down 20V4pat519Vipon Wednesday. The strength of sterling knocked £61 million (Ssl47 million)FT - 179 words
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FINANCE & COMMODITIES
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Article, Illustration402 1997-08-01 16 Siow Li Sen - First time that banks lag behind; large part of nnit trust funds comes from overseas By\ Siow Li Sen ISINGAPORE] Despite aggressive marketing, bank deposits in Singapore have for the first time fallen behind unit trusts in the competition for fUnds. AlongSource: The Asian Banker Journal - 402 words
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306 1997-08-01 16 ShivTaneja - Assets managed to double to $2.7b after UK acquisition By\ ShivTaneja [SINGAPORE] Locally-based Aberdeen Asset Management Asia (AAMA) will almost double its assets under management to $2.7 billion as a result of its UK parent's purchase of a fund management unit AAMA306 words
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333 1997-08-01 16 Reuter [LONDON] Former depositors in collapsed bank Bank of Credit and Commerce International SA were dealt a blow on Wednesday when a London court threw out a £550 million (511.3 billion) claim against tjie Bank of England over its supervision of BCCI.Reuter - 333 words
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340 1997-08-01 16 MMCATtVt NUMBER MBBUVMCn COUPON W1IMI1 OF DAYS OF cncumic GROSS Rati amount payment accrued accrued RsonmoN HATURITY YEAR RAISED (%M) (*M) satis INTEREST (S YIELD (V. PA) i.917 N*****1W 1995 2 950.00 1/B 1/8 152 9016» 2.56 tS.tl.g7 N*****1F 1992 37/8# 600.00340 words
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Article, Illustration316 1997-08-01 16 Shiv Taneja - By\ Shiv Taneja [SINGAPORE] Insurer Axa Life yesterday announced the launch of an investmentlinked insurance plan which lets investors create their own portfolio mix of funds depending on their risk appetite. The fund, called Investor's Choice, will be available from Monday.316 words
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241 1997-08-01 16 mini Report Reuter [SINGAPORE] Simex Euroyen futures subsided yesterday after touching new contract highs early in the day on continuing signs of weakness in Japan's economy. Dealers attributed the slip to a reaction to comments by Tomomitsu Oba, former viceminister of international affairs,Reuter - 241 words
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165 1997-08-01 16 Perry Gilbert - MSCITAIW AM FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures contract rose sharply yesterday, trading on the August spot month. Locals were closing short positions with PhUip pushing the spot contract165 words
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214 1997-08-01 16 ENERGY REPORT Reuter [JOHANNESBURG] International oU companies, attracted by vast unexplored areas and world class gas finds, are flocking to Mozambique with several already active in one of the world's poorest countries. Analysts and diplomats said Mozambique, just emerging from 16 years of civUReuter - 214 words
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Article269 1997-08-01 16 Reuter, AFP THE US dollar contained its losses at mid-session, stabilising against the mark and rising a bit against the yen as the market waited for announcement of US gross domestic product figures. At 1255 GMT, The dollar was trading at 1.8313 marks against 1.8327 in the morningReuter,; AFP - 269 words
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Article, Illustration832 1997-08-01 16 DfTERBAirK CROSS RATES juisf st ssSis£sTSSIsSasSsiSfltSSI Saags™ s «®«S33«5W!SfflSwSfflI !f «o» MJ| *£2 OJM OJM MM 0J74 0J43 107 OiTM OuM» OJM 0J42 OJM OJM M» MM Mm* OJS MS 0420 MM OJM 0.070 UN UN OlMS IM OJM MM 19ft LOU OJM OJM (LOSS UK 1220 MO MR "2832 words
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Article477 1997-08-01 17 8100M WJTUMBI Jul 31 ssafflsi"-' aw* opm 51 *5 «g KS MM Si" 53 «£2 SS SS Sui iS 8 JWSWN UN MJO WUS 100 1100 J5J3tO«TMCT«-W, SB «2S sff H si wl is f™ In P Sf 2S S SS S&m SS SS SS SS SS Saff477 words
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Article1637 1997-08-01 17 •MM Put* 31 Group 479.400 *2 ABPortS 263 *2 Abboy National 850 -7 UMOomcq 435.200 -400 146.600 -.400 Aid* Group 142.600 -400 BATInd 521 1.600 M «e 249.400 -2 «CC 169 .400 BOCGroup 1122.400 -2400 BR Potroloum 834.400 unch BTR 189.400 -I tank of Scotland 444.400 *101,637 words
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Article1423 1997-08-01 17 AFP PlßkMaß ♦D&jß JAPANESE share prices rebounded yesterday as foreign investors led buying support for international blue chips in late trade, brokers and analysts said. "There is nothing which can pull share prices out of the recent trading range, so investors are and will be influenced greatly by theAFP - 1,423 words
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Article, Illustration1542 1997-08-01 18 Bloomberg pHaagSaag ****** THE benchmark stock index rallied to a record for the second straight session yesterday, driven by banks and developers likely to profit from the lowest borrowing costs in 17 months. Cheung Kong led property companies higher, surging 6.5 per cent As a group, developers accounted forBloomberg - 1,542 words
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Article, Illustration593 1997-08-01 18 AFXAsia ClShaMtoißlate -M 4 CHINA B shares were mixed yesterday. with electrical appliance makers in Shanghai attracting the most investor interest. Traders said the surging Hongkong market continued to divert foreign investor attention away from mainland markets. Hongkong's Hang Seng Index closed at a new high of 16,365.71 points,AFX- Asia; Source: Credit Lyonnsis Securities(Asia) Ltd - 593 words
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Article382 1997-08-01 18 AFP OWPhte *nm THE key index soared past the the 10,000-point mark to its highest close in more than seven years yesterday, fuelled by favourable sentiment among investors. Along with renewed buying interest in electrical issues, construction shares were also boosted by optimistic comments by Liu Tai-ying, chairman ofAFP - 382 words
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Article254 1997-08-01 18 Reuter n Wellington -314 SHARE prices closed a touch easier yesterday as the market consolidated after a recordsetting rally earlier in the week. The NZSE-40 Capital Index ended 3.64 points weaker at 2,571.88. Reuter Mtl U) OW ANZ Banfclnf 12.20 ♦0.05 4*250 HM*s 1.0S *0.04 *300 Air Nn ZhMReuter - 254 words
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Article, Illustration792 1997-08-01 18 AFP Q SET Mm -13J1 STOCKS fell as investors took profit amid scepticism about economic data released yesterday. An analyst said the data showed a smaller than expected monthly drop in foreign reserves of US$9OO million (511.3 billion) to U5532.4 billion in June but investors had difficulty believing it.AFP - 792 words
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Article375 1997-08-01 18 AFP POnpoßtofalg 4.77 SHARE prices eased marginally in thin trade yesterday, with most large stocks lower on concerns the weakening yen may hurt exports. Dealers said reports of a weaker yen against the dollar and declining DRAM microchip prices weakened sentiment towards some large-cap shares. Investors were also sidelinedAFP - 375 words
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Article570 1997-08-01 18 AFP HlHrfcria *M SHARE prices closed barely higher yesterday, consolidating after an official interest rate cut the previous day. A broker said the Reserve Bank of Australia's fifth rate cut in 12 months had been well and truly factored into the market in recent times. The All Ordinaries IndexAFP - 570 words
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Article, Illustration690 1997-08-01 18 AFP Ijfl— i-0.71 SHARE prices closed lower yesterday in trade marked by profit-taking, dealers said. < "We actually expected the market to go up today and it was quite firm this morning. But since it was lower again in late morning, investors became nervous and quickly look profit," aAFP - 690 words
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Article281 1997-08-01 18 AFP FlUnrik ♦aOJB SHARE prices closed higher yesterday, buoyed by healthy interim corporate profits and the central bank's lowering of a key interest rate. The PSE Composite Index gained 20.96 points to 2,616.40. Turnover was 9.7 billion shares worth 1.9 billion pesos. Philippine Long Distance Telephone rose 40 pesosAFP - 281 words
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KUALA LUMPUR STOCK MARKET
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Article7459 1997-08-01 19 r,, r" High laar Cliwy Sala -000 Ml|ll U» M M TtO 540 AJkwmoto 9*0 unch 1 MO MO 31.0 227.0 222 222 304 2 IT 104 302 9.0 44X3 •05 610 ApoNo rood Hlg 643 -15 IS MO MS 25X0 122 5? M 4 291 1491.4 IS ?I? SarjayaUnd7,459 words
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Article, Illustration195 1997-08-01 19 AFX-Asia □ftmpußttMm -ILK) SHARE prices closed lower yesterday on rumours of a substantial trade deficit for June. Dealers said the outlook for the KLSE looks gloomy, with the ringgit and interest rates remaining major concerns. The KLSE Composite Index closed down 11.90 points atAFX-Asia - 195 words
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Article12 1997-08-01 19 till *MB <tO fepil i sasajp——jg «j, alg~=?g 1 -to -i*: m12 words
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WARRANTS & OPTIONS
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Article3362 1997-08-01 20 MUM, LOANS A WAMAMTS 1997 InI Vat Day Last Owta Avg High Law Mm Caw# any lata *ar- COOO) High Law Buyar Mar Prtca M 43.5 m 3000 m AMM C5-5H*****6.7. «4 MKll 18 44 44 44 44 5 81 41.5 3160 A Acar ******1 US$ 71.5 -2 44 733,362 words
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211 1997-08-01 20 R Sivanithy - WARRANT WATCH -By R Sivanithy ELECTRONIC counters seem to have lost their recent upward momentum, with the sector correcting almost every day so far this week. The falls have been quite rapid as in the case of Creative Technology, while in others like the211 words
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Article2079 1997-08-01 20 8r Or 1997 Laat V* Day LaatOuata Oto H* VM Nat M Ca» H4» Law itw Cimpany h*» COOP) H>» Law gg SaBar c»r P/t M 478 270 m*S000 AISBSOc 277 -6 54 282 274 277 2M 5.0 4.9 0.5 58.6 284.1 137 81 mi 5001 AM06S0C 832,079 words
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STOCK EXCHANGE OF SINGAPORE
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Article425 1997-08-01 21 ,1;PP iff g 1|1 111 oJi2* JM« MjOm JSO.W* iJ* 1KW MAW OM TOTAL a-t-s—15 1 ifT asr I 1 1 1 r 1 J f l»r«»>rtlM ins 4 tt I 24 4 WWIHliu 0 0 0 I S I ST g m i) a 4 S m4» aft, i425 words
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Article209 1997-08-01 22 ttirtif ViImm W»CCofpi>5t„ 18.510,000 Asia roodiProp 16,690,000 HKlandUSIOc 9,269,000 Nin« Tai 25c 4,902,000 Raffles MedlOc 044,000 Venture Mfg25c 4,034,000 OeSlMd 3,966,000 KeppeiCorp 3,443,000 'Magnum CorpSOc 3,377,000 HesheWt99 3,316,000 Sttdtt City Dev 50c 26,808,668 Venture Mfg25c 26,730,624 HK Land US10c 23.068.4t3 Keppei Corp 21,594,696 Wng Tai 25c 19,707,362 DGSLand 17,777,214 U08209 words
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Article, Illustration65 1997-08-01 22 Ven Sreenivasan - Ven Sreenivasan IPC CORP has retraced somewhat qfkr a Jump in anticipation of its interim results. The technicals indicate toot the stock's surge was nothing meet than a flash-in-the-pan. With the RSI in overbought and the MACD suggesting, a consolidation, the counter looks set to drtf I sideways65 words
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Article, Illustration651 1997-08-01 22 R Sivanithy - STOCK MARKET COMHBMTARY SES Properties Index falls 2.3 per cent; in Malaysia, shares were hit by talk of poor Telekom results and of an impending interest rate hike By R Sivanithy [SINGAPORE] Local property counters led the Singapore market lower yesterday for the secondChart info from Bridge - 651 words
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ON THE GRAPEVINE
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Article193 1997-08-01 22 EARLIER this year, Wang Qi, the Hongkong-baaed head of China research for CEF Securities, attracted an IPO roadshow by China Eastern Airlines. Senior management—including, in this case, the airlines chairman—began by discharging a public relations broadside about being a great and wonderful company. But a193 words
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Article108 1997-08-01 22 AT THE recent Aeean meeting in Kuala Lumpur, one of the moat hounded parttcipanta waa Cambodia's Foreign Minister UngHuot Other than a prepared statement read on arrival at the airport, he maintained a stony silence throughout That would not do as Cur as the 1,000-ptus journalists108 words
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86 1997-08-01 22 IT LOOKS like the ftind management industry in Singapore might finally get its own aseociation. Word is that the final details are being worked out, and about time too. we'd reckon, given that the idea was first mooted by Pinance Minister JttchardHu*coupteotyearsaf&We understand the tentative86 words
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Article49 1997-08-01 22 THE latest deterrent to breast cancer is fish oil, according to newt reports. We are not sure whether you should be eating tbefith oil, or applying it externally. But if it is the latter, then it might also double as a very effective birth-cootrai device.49 words
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Article4918 1997-08-01 21 Transaction Date: Jul 31 Or Or U Wt 7997 Last Vd Day Laat Ouata Mr Mr VW Nat Can Av* Law 6000a Cmmmrntf Mi POOBI Law Myar War Or Wl >3 Pilat 737 m a 1020 ACC0ynamfcs40c 115 -3 M 7M 715 -714 M] M 5144 ASC NT$104,918 words
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Article897 1997-08-01 21 *1 0*v LMtOwte Hi ni M C4» *«l L— WW Ci 11 *M» *h COOOt tfk U> —ym U*m ftr Pft I— Mw an iff!II'lIP ill il^jfiCTCTTO IM 7* 2000 AMHM*Sc 138 -7 2*3 MS 13* MO Ml U U OJ If7j 8L4 MS 342 M4 2049 UMalOc 328897 words
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Page 13 Advertisements
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Advertisement51 1997-08-01 13 T.JK. PROPERTYIwANcifr' 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 I H m Royal Bank of Scotland pic Six Battery Road #27-01, Singapore51 words
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Page 14 Advertisements
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Advertisement45 1997-08-01 14 ARTISTRY IN AN EXHIBITION OF FINE ENGRAVINGS, SCULPTURES, TABLE DECORATION GIFTWARE Friday 25th July Sunday 3rd August 1997 JET Jr "COLUMBINE Engraved by Balcar of MOSER Glassworks, Karlovy Vary, Czech Republic. CAMELOT Decorative Arts 02-12N Ngee Ann City, Singapore *****2 Tel: 732 5012 Fax: *****3245 words
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Advertisement626 1997-08-01 14 ttU SIHESS Notices To advertise call toll-free 1800-*****83 [P NOTICE q NOTICE IS HEREBY GIVEN that I Iff Chin Hock of Blk 168. *06-130. Woodlands St. 11 Singapore *****6. have applied for a florood Tlatt Public House licence in respect of M/s The Petals Restaurant located at lat Stony, The626 words
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Advertisement275 1997-08-01 15 iHRIBIRHWIBBHTHiI Order our CD ROM on Beijing the first of |H our new Series of Business Guides to China and get all these Information on the trade or industry you are about o embark in and the network of resources available. I j A City maps and locations of important275 words
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Advertisement168 1997-08-01 15 Now Svenson Fights Hair Loss ATRaffles Place! For busy business people worried about hair MICHAEL BERNSTEIN loss and the possibility of baldness, this is very CHIEF TRICHOLOGISr A T SVENSON, OFFERS LEADING good news! Our new location in COSCO Building INTERNA TIONAL EXPERTISE AND IS THE MOST on Robinson Road168 words
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Advertisement29 1997-08-01 18 I 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.29 words
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Page 19 Advertisements
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Advertisement7 1997-08-01 19 Singapore Business Giving you the winning edge7 words
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Page 20 Advertisements
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Advertisement8 1997-08-01 20 Do you have an insurance problem? We have8 words
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Page 21 Advertisements
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Advertisement11 1997-08-01 21 V 77j] rolex A*,. /M AT ROY EE ASTERN WATCH A.11 words
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Advertisement8 1997-08-01 21 Home Decor For people who love their homes8 words
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Page 22 Advertisements
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Advertisement490 1997-08-01 22 UlimmSflf To advertise call toll-free 1800-*****83 NOTICE IS HEREBY GIVEN that, I Goh Choon Sang of Blk2, Jalan Batu #05-59, Singapore *****2, have applied for a Ist Class Public House (IPH) licence in respect of M/s POP PUB KTV, located at 1189, Upp Serangoon Road #03-01, Hougang Plaza, Singapore *****5,490 words
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Advertisement323 1997-08-01 22 NOTICE IS HEREBY GIVEN that, I Ng Mooi Siew of 30 Lorong M Telok Kurau #02-04 Singapore *****2, have applied for a Beer House Ist Class in respect of M/s Joyous Garden Eating House located at 91 Defu Lane 10 #01-01 Singapore *****1, and that this application will be considered323 words
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Advertisement314 1997-08-01 22 NOTICE IS HEREBY GIVEN that, I Tan Kim Seng of 20 Duku Lane Singapore *****6, have applied for a First Class Public House Licence in respect of M/s Great World Serviced Apartments located at 2 Kim Seng Walk Singapore *****4 and that this application will be considered by the Liquors314 words
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Advertisement294 1997-08-01 22 Access timely information on DBS Unit Trusts along with commentary on worldwide stock markets direct from our fund managers. Or call our Unit Trust Hotline on 1800-535-8025. 0 DBS ASSET MANA3EMENT RPWVMMM HMMnUOFIW MO nia—iiof oombmt mowers m u® ptuauMno* CHB^ffMSnSub MMMOMMrrMDamcS: f«—IBLMP sTs™s> mnnw MSEmdaobmm <* BsbbyCtoiWa Choeng UpMlor294 words
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Advertisement480 1997-08-01 22 M THE MATTER OF THECOMPAMESACT.CAf.St ANO IN THE MATTER OF VETAR AUTOMATION PTE LTD (h Vslsstsfy UqsMstiss) FINAL MEETING NOTICE k hereby gtven pursuant to Section 309 of 9m Companies Act. Cap. SO that the Rnai Matting of the members of SMMKwanomad Company ba held on Monday, Ist day of480 words
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Advertisement442 1997-08-01 22 IN THE MATTER OF THE COITAMES ACT. CAP. M ANO M THE MATTER OF PARATRANSINDUSTRES (S) PTE LTD FINAL MEETMB NOTICE is haraby given pursuant to Saction 309 of 9m Companies Act, Cap. 50 that the Rnal Meeting of the members of the abovanamad Company alba hsM on Monday, Ist442 words
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Advertisement330 1997-08-01 22 M THE MATTER OP THE LAND TITLES (STRATA) ACT (CHAPTER IBB) AND B< THE BUTTER OP COWPOMATEMI STRATA TITUE PIANNO.BM UNCOLN MANSION (In Mmbsfi* Vuhaasry AianExtraordkwiyQmaiMMeaMig CoiporaMonMdyoonvanadandhaM MSB—eiynoadlßßPfMigapom *****8 on WadnaatMy, SM 2M dnyof July 1907,9 a toßowlngSpacM ReeohMone ware paaaad and duly "Raaofoad Bim Bia eMaMig eßaea anhrlh Jalna330 words
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SHIPPING TIMES
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Article269 1997-08-01 23 Bridge News, Ratter Although panamax Activity picked up, weaker tarels continued to be seen for modern ships in the east with rates now hovering in the Low USso,ooodally range. Sentiment was still jtirly bullish, but there was no real change from Tuesday, Clarkson Securities Ltd said in itsBridge News,; Ratter - 269 words
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Article167 1997-08-01 23 iMMMta—U! «LOi 5" 9m*m——to *OUM 49 JSlfJWWMM L2t «<MU S gjg(W» _wOg. <m 147 &wbtw'—.o.m ♦oxiot pMlM-MlliO SCnaSSlrirZt.M *0.09 122 nmSCmp— 6J0 -0.05 3443 gWtfFCLS 4.90 -0-20 M Ifcuwuu—„us -aos 23 mHrrm—. -uo *cm im 8E*y«vm U3 «ch 209 Winrt in -aos 79 MpL V.20 *0.01 372 SnTlMMMJMtM167 words
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Article, Illustration552 1997-08-01 23 Alec Almazan, Marcus Hand - Authorities to jointly study how some ports can attain world-class status From, Alec Almazan, Marcus Hand in Singapore THE Philippine Ports Authority (PPA) is exploring the possibility of jointly developing and upgrading ports in the country with the Port of552 words
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297 1997-08-01 23 Hopes of an early end to four-year dispute dashed Journal of Commerce [LONDON] The European Commission is preparing more charges against ocean carriers in the trans-Atlantic trades, dashing any hopes of an early end to the four-year dispute. Members of the Trans-At-lantic Conference AgreementJournal of Commerce - 297 words
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710 1997-08-01 23 Selva Kumar - ADMIRALTY CASEBOOK By I Selva Kumar BILLS of lading often contain an exclusive jurisdiction clause that provides for a dispute to be heard in a particular country, often the shipping line's flag state. However, going by two recent decisions in England, shipping710 words
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Article, Illustration160 1997-08-01 23 [SINGAPORE] Keppel Singmarine Dockyard has been awarded ISO 9001 accreditation for international quality standards. The certificate was presented to Goh Boon Kiat, executive director of Keppel Singmarine, by Ronald Henderson, regional director of the American Bureau of Shipping Quality Evaluation (ABS). To ensure continued160 words
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195 1997-08-01 23 [SINGAPORE] Mitsui OSK Lines (MOL) of Japan has teamed up with Regional Container Lines (RCL) to set up a new joint venture company in bulk shipping in Thailand. The joint venture, Asian Bulk Shipping, is 51 per cent owned by RCL195 words
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147 1997-08-01 23 [YANTAI] East China's seaport city of Yantai, in Shandong Province, witnessed rapid foreign trade growth in the first half of 1997, Xinhua news agency reported. According to the Yantai Foreign Trade Commission, the import-export volume soared to US$l.27 billion (Ssl.B billion) for the first147 words
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PORT Shots
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Article51 1997-08-01 23 Bloomberg [TAIPEI] Evergreen Marine Corp. the world's W«p* container shipper, said revenue fell 20.6 per oentmJuneto NTS2.3O billion (*****.3 million). Revenue in the first six months of the year also dropped 13.3 per cent to N1*13.7 billion from a year earlier, the Taiwan-based company said in aBloomberg - 51 words
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71 1997-08-01 23 [TOKYO] Ishikawalima-Harima Heavy Industries Co(IHD has received an order from World-Wide Shipping Grow of Hongkong for a double-hull tanker weighing3oo,ooo tonnes. The ship will be 330 metres long and 60 metres wide, and is scheduled to be completed by the end of January, 2000.71 words
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136 1997-08-01 23 AFP [TRAPANI, Italy] A Tunisian patrol boat fired on three Sicilian fishing boats in international waters yesterday and seized one of them, local authorities said here. Commander Ferdinando Lotti of the port office on the island of Lampedusa called the seizure "an act of internationalAFP - 136 words
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Article, Illustration968 1997-08-01 24 BOEING VENTURES: LOOKING BEYOND THE JUMBO JET The aerospace giant's past attempts at diversification produced mixed results. Its new ventures look more promising NYT IN the aerospace business, Boeing seems invincible. By placing big bets on new aircraft and paying close attention to researchNYT - 968 words
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379 1997-08-01 24 PAOC Famous 7 AR 13 Farwide 13 AM. 3 foonqSun 8 Able 13 13 i Accord 8 Frt Links 13 AhrcnkM 13 FrtVorM 13 Appenship 5 G Link 4 Astro 3 Gemartrans 16 Austral 9 Genslipg 9 Avant 6 Glory Nav 13 8'tangMas379 words
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Page 23 Advertisements
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Advertisement20 1997-08-01 23 Boeing expandik but stays to its roots US aircraft manufacturer looking beyond the jumbo jet to other ventures. Page 220 words
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Advertisement20 1997-08-01 23 Jet engine market worth USsl4b a year by 2014 Rolls-Royce forecasts demand for 18,700 new planes from 1995-2014. Baok Pa«e20 words
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Advertisement938 1997-08-01 24 DIRECT TO WttT COW VBSa W RIMI row UQMVasUMLHOUCHCNT MEXICO OTT TO* Iwl Ml KAIWU rrclaa* IglTOfU SMS32 M/M V/M 22/ M M/M M/M M/M M/M M/M 27/ M 3MM M/W he "P" 0 'I'" 5*9 57M 57ST~ NEFTUNI AUXMDtm J2WSM 07/ M M/M M/M 31/ M W/M M/M M/M938 words
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Advertisement533 1997-08-01 24 Ur ««vices represented Members o< the Registry of Member* o» the \]MgzMi) Accredited Shipping Agents. Singepore Freight ronwerders Sfror* Nebonei Shipping Assoc Association. owiiStti JK Speedy and Quality """/V Service to CALCUTTA I 3^ P I H °°|j|j >9 jgrjfllir'fiil^^ MUM***! OIM *07 out I I CJ> MM uL !M?533 words
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Advertisement1072 1997-08-01 25 TO EUROPE FROM EUROPE Ivissa VOY SM RTM HAM MV SOU iflT" IvBSE VOT RTM HAM MV SOU 180 PIG SoT NBXIOYD AMfXKA 5317 07/ M 21/08 26/ M 30/ M LA LOOK 2297 13/07 15/07 11/07 19/07 05/00 DANUM 3317 00/00 30/01 21/00 25/00 20/00 NEDUOYD N00MA100K4297 19/07 17/071,072 words
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Advertisement1514 1997-08-01 25 HANJIN SHIPPING USA CANADA* IUMNMA/VOT MM W Stt FW IW W 01 MT (SI M MM MEM (OS MTC 0» TVt TTZ TW. TTC YK H. MAtSBUB 0441 30/17 H/t7 21/ M M/M B/M M/M M/M M/M M/M M/M 77/ M "M/oTlt/ir W/M ~8/w" O/QT 27/ M "jj/jj" M/M~ MflO~1,514 words
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Advertisement98 1997-08-01 25 (SUM) ORIENT EXPRESS UNES (U.K.) LIMITED %.ml, (MANAGER FOR SHREYAS SHIPPING LIMITED) 1— SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VPSH YOY SHGATOM MHHAY VftSfl VOY iOWAY SMCAfOM NOEDKAP 414 01/08 09/08 NORDKAP 413 23/07 01/08 AJTHA PARICHART 005 04/08 11/08 JUTHA PARICHART 004 27/07 04/08 ALBERT BRIDGE 002 08/08 16/08 ALBERT BRIDGE 00198 words
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Advertisement1531 1997-08-01 26 DSfi-SENATOR 181 Round the World Container Services fO UK/CONTINENT FROM UK/CONTINENT I VMS. Jg Ml BTM MIT MV I HAM m LHA IIvESStL I VOT I LHA IFU I WTM IMV I MOM Mil LONDON SENATOR WF7S4 N M M M »0S M M 17 M M M CMOYAMO PAMK1,531 words
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Advertisement1053 1997-08-01 26 I NORASTA IvnaKL voy rSH ooalm sa vu. alo not »w^ahtf*^i!ha MOCALEXA 9730-3 Ml 22M MM 24M 02/ M M 3MO 04M 28A0 2MO 17M NOAFMOOUM; *221 3S aw ttm SIM HM IM MM 11/5 mm MM N/M NOR HONGKONG 07S-3 *1M ttm Ml 07» 1M» 17im IMO 10*0 11/1,053 words
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Advertisement565 1997-08-01 26 LINK ST Jk TUt SSSI3II PAXi 3351*37 muara labuan vesa vor it» in vßsa vot n» iu SPOM MMJU SPOK IN J PVOSrat VI7I/V7 01/00 04/00 JftOWßt VIR/I7 01/H OS/N AfttGUXY VHt/»7 M/M M/M AFttGUKY VIM/97 M/M 10/00 JPtOSrat VIM/97 10/ M 13/00 JPtOSPB VIM/97 10/ M 14/ M MAGUir565 words
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Advertisement1462 1997-08-01 27 |VKtS«L VOY SIN POU PKO PEW BCW M I BIK WAN QHEYAMAT PJL-1246 31/07/07 07/08/97 02/08/07 18/08/07 18/08/97 IRAN MEELAD PJL-1238 30/08/97 IS/07/87 11/07/97 WAN QHEYAMAT PJL-1238 21/08/97 01/07/97 |WAN YAmMN PJL-1228 10/08/87 20/05/87 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN.1,462 words
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Advertisement1495 1997-08-01 27 lllff iONf Ifl ffiffi" HAMiAtm 1 ciMHi •umwmn, niwiw a mowmai I m 6 WIHJOH WAY nL 226 1900 'AX: *****0S OUTWARD (l/l) aSifiJnSnl JSS.'SSL *****4,/43 WWAIO DIPT (0/0) *****15 COSTAft AGENCIES (M) SDN BHD COWVIMTKmAI *****50/55 T/SHfMT PCFT *****25 TH: 01-07-35 ***** FAX; I SnwfCMfi/ttmf fZTIIIL W"° f!L m1,495 words
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Advertisement402 1997-08-01 27 fIJL+IPERKAPALAN DAI ZHUNA jlJf TONGJOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KVCKMt+MSTiST TUK$n/\ /~M9AMA+*K>*fTY WtnTA POCTKUMG Si; Y/mj GIHU r ,7M •V* WON 6 9735 03/01 AfPU ***** 04/01 GMfNG ***** 05/01 MUACCA lit FAX: SIMM GISOON ***** 04/01402 words
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Advertisement1295 1997-08-01 28 SSa—i ■■WWW/WIIMWIIWMWLIIMMWWW SGP ROM AMW HM TUP ZEE LHV LHV THP ROM ANW HtG PKL SGP E. DMNTY RW-M1 OXM ttM HM ttM 2M JVM 25/00 I GLEEFUL RE 041 M/ 17 M*7 OM7 IM7 1117 M/H HM E. RESULT RW4IS IVM SMI MM SIM KM ISM MM E. GENERAL1,295 words
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Advertisement1064 1997-08-01 28 lIXFOIT vissa *oua M **L MMIAM(WTIAI msa votmi m jm am mm mm mp I M«MUM M17R4151 OZ/W JVW JM count M 4303* H/07 70A17 71/W 77/07 73/07 M/n I I* COIKHT (WONT 07/W 17AM 17, J 11/ M 11/ M TOM 17/ M 7QA» UH ONWUO 04*4-0301 77/07 71/071,064 words
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Advertisement419 1997-08-01 28 /CII NANTAI LINE FUUY CONTAINERISED SIRVKI TO MAURITIUS SOUTH AFRKA vcsa vot m rm |am |~qr~ mwwws Oils M/M 14/01 KM ttM MOW Pitt It/01 WW 31 AH C3/W MMTOIWKBS OI4S KM 13/OT IQ/M mmouffli pns 31/w m/w lyw 17/w MH WA6OW 001S 07/W 17/W WW tS/W murma pits is/w419 words
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Page 29 Advertisements
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Advertisement591 1997-08-01 29 M MYANMA WBBk FIVE STAR UNE wT (Myoamar Notional Um) Loadtog for Ynju (Know) VtSStt VOT SM P«G KM PGU PAGAN 244W SU) PAIIEM 14IW SU) MALAYSIA AGENTS: OOUSTiAO SHIPPING AGiNCES MIL TU 02-03-*****00 PKL TH 02-03-*****0) POfc m 02-04-*****02 PGO: TH 02-07-*****21/4 BANK LINE (A swvko I NORTHBOUND TO591 words
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Advertisement1130 1997-08-01 29 A HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG: *****32 Ivcsa Ivor M 1 I amt I ma I -i I m HYRDMAI 304W 03/00 20/00 21/00 23/00 21/00 24/00 24/00 HT ADMIRAL NOW 10/00 27/00 20/00 M/ 00 30/00 31/00 02/04 MYMGMKSS 304W 17/00 03/04 04/04 05/04 44/041,130 words
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Advertisement512 1997-08-01 29 FAMOUS CONTAINER UNES fffS 30 ROBINSON ROAD, #22-02 SINGAPORE *****8 g/ HOT LINE: *****33 (30 LINES) WPMEMMESS:vOT.IaMto.CMLj| f Mlft nMBTTT li.r— n DAILY SAILING TO HPTJH» Kl_A— ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 *=S512 words
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Page 30 Advertisements
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Advertisement974 1997-08-01 30 MANQKOK JAKARTA VESSEL ~VOY SIN BKK VESSEL VOY SIN JKT DANU BHUM 06N Frl In Pt TUe 06/06 XETHA BHUM 211SJB Frt In Pt St 02/06 OANU BHUM 06NB Sat 02/06 Tbe 06/06 A NAN BHUM 76SJ Sat 02/06 Tbe 06/06 YANTRA BHUM" 199N Sun 03/08 Wed 06/06 EAGLE TlD€*974 words
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Advertisement687 1997-08-01 30 jjyS PUL INTERNATIONAL UNE hj^nternatlonal a^UiMi-Ota MhrSAf katawa to parti W ten »i n>*H KX (epbry/IMM I* d Mria «n Mm. wuhhiik I) 4sm/w« g— S I .frltt I BtmmtMlMflM ML IBM a I fi/H SS Wm. MiSJiSu I 9731 I 04/08 I MOM I M/M I m I 11/687 words
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Advertisement770 1997-08-01 30 fl ACCORD A SHIPf>IWQ PTE LTD TH: ***** M (40 Lnms) FAX: *****46 MTKLUIG tU) M 7 fMI M DMfCT ACCISS TB.: *****57 (IXPOMT BOOKING) MSMMMMC ff/7SSI XVI *****87 (KXPOMT DOC), *****64 (IMPORT) MUHG mm MM LHIUHTTP://WWWJkCCOBtO.COM.SO JMtffA (II) ******9 pot ilk sin poti m tiii row n» sw po«t770 words
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Page 31 Advertisements
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Advertisement461 1997-08-01 31 Wo«kly LCL ft FCL M fODICaI Sotvkrs to Caribbean it hipping ft Central America APITHA&ANO Afl PHtIPPINK~ 015E 015 C Port Country 06/08 13/08 Belize City Beiize 09/09 16/09 Bridgetown Barbados 12/09 19/09 Cartagena Colombia 11/09 18/09 Castries St. Lucia 11/09 18/09 Fort de France Martinique 12/09 19/09 Freeport Bahamas461 words
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Advertisement767 1997-08-01 31 f aaagPff pacific international un£s (pte) ltd I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CR NO **********06 lasa YOT w IMI I m M UL m riL -3H m 11 iJ 11' if ill J If- I 111 lll'i I 111 ll 111 Ell SMI fen767 words
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Advertisement829 1997-08-01 31 VESSELS I VOY SN JED PSD LEH HAM RIM THP TSSR NALLE DC TAURUS A2IW 04/06 14/06 15/08 HW 2S/06 Z7AM ~~2BAM ~2BAM VLLE DC CARMA C2IW I<VO6 20/06 22/06 31/06 01/09 a£« MAM <*08 VH£ DC SAfIfTTA S2IW 17/06 27AM 20AM 07/08 Q6AM WW 11AM i 5S Vlil DC829 words
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Article15209 1997-08-01 32 THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vassal Voyaga Talaphona ETA ETA Advartisar Vnnl Voyaga T»«aphona SIN Dasfn Nam Nam* M—>r NumOar SIN Dast"n Nam* Nam* Numbar Numbar MMMMMHMMMMMMMMMMRBtKMMMMMHNNMMMINMMMMMMOli NBO)*****00MM*****8B8888M8B*****80MBBBBOBBOM)OMROOBOB*****080MBai 05/08 15/00 MISC B TERASEK 227 45-*****22 A 05/00 B/Ot PIL BUNGA TERASEK 227 45 32*993 05/00 30/06 PIL BUNGA15,209 words
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Page 33 Advertisements
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Advertisement43 1997-08-01 33 To retrieve more schedules, Just follow these simple steps... document be faxed m~ %M ?reSS your Step key in the four number digit code Kev in vour Example: i—L» fax number To NEW YORK (NYC) 227$ e United States for calls within Singapore43 words
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Page 35 Advertisements
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Advertisement426 1997-08-01 35 I VESSEL VOY SIN MAA SIN TIGER WAVE 566N M-05/08 10-13/08 18-19/08 TIGER ISLAND 557N 07-08/08 13-17/06 21 22/06 TIGER BRIDGE 568N 10-11/08 16-19/08 24-25/06 TIGER BAY 559N 13-14/08 18-22/06 27-28/06 TIGER WAVE S6ON 18-19/06 24-27/06 01-02/09 TIGER ISLAND S6IN 21 22/06 27-31/06 04-05/09 I VESSEL VOY SIN CAL SIN426 words
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Advertisement657 1997-08-01 35 FREIGHT UNKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 04/08 CAPETOWN 07/08 CHILE ETD SIN DURBAN 07/08 VALPARAISO 06/08 JOHANNESBURG 07/08 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 03/08 VALENCIA/BARCELONA 04/08657 words
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Advertisement831 1997-08-01 35 OOCL (Singopore) Pte Lid CFS Keppel Distrpk gbj, I »to~R~<«?1-O4(S)07»« Mk 513 #01-121 tmS a NO *****7M000N W: 272 7127 «f 3769 ISO kt 3MMI3 fuMIWI fac *****2S NOiTM kUMMKA UM/ CMUBA MSTKMIA TO USA SGP SfO OAK Ofl MEM NYC OUTBOUND |sGf SYO |m£L I AOi |FK ME Aft831 words
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Page 36 Advertisements
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Advertisement783 1997-08-01 36 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR HO. 1047M*****0 BOOKINGS CA LL D ECTLI N E: *****41/43 JE SSIC A/C ELI A/M EI CHAM 7 SLGS/WEEK 3 SLGS/WEEK [VESSEL I VOY IS* I JAK783 words
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Advertisement383 1997-08-01 36 irfllimTHllMlOMllMlh— P.I PERUSAHAAN PELAYARAN j W KALIMANTAN j DIRECT WEEKLY SERVICE TO 1 JAKARTA/PALEMBANG/DUMAI I Vmml IYn l sw I JET IP'IASC |MliAI~ I i RACHMANUILI [h/VF 11/07 04/ M I>/M 1 1 lACwmmnii 7/»7 nm m/M 11/ M I IACHMANUII 111 I 10/97 M/M 10/ M 17/ M I383 words
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Advertisement1007 1997-08-01 36 rn YANG MMG UNE Liil *1 *****21 TWICE WEEKLY EVERY THURSDAY/SUNDAY *****1 ARRIVAL HXED DAY-MONDAY VESSEL VOY I SIM Icm HTM HAM FXT LEH MM VESSEL VOY LEH FIT HAM MR HfA HSTH MING EAST J73OW IOJM I 20/08 22AM 23/08 25/00 MING GLORY A724E SIO SLO SLO SLD SLD1,007 words
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Advertisement436 1997-08-01 36 9 Singapore Soviet Shipping <mCi. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM PNG WCL TRADE FAST TFSI93 03/06 11/00 25/06 27/08 KOTASELAMAT SMTO29 10/Oe 17/00 02/06 03/00 KOTACAHAYA CAHIB9 15/06 23/06 07AM OOAM TRANSCORD 104N 21/06 29/06 12AM 14AM TRADE FAST TFSI9S 26/06 06AM 21AM 23AM REGULAR436 words
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Page 37 Advertisements
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Advertisement939 1997-08-01 37 REGULAR SAILINGS TO i ji u j -fjijiuji i Starting with our vessel NISC OSAKA Voy 001 A J OUR ASIA-AUSTRALIA EXPRESS SERVICE STARTS ON 18 AUGUST 1997. i LOOK OUT FOR OUR SCHCDUIiS NEXT MONDAY 1 APM SAIQON SHIPPING THRICE WEEKLY DIRECT TO HO CHI MINH CITY EXFOKT TO939 words
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Advertisement1186 1997-08-01 37 Ivraa wnw mam* I swtt I nam sou b Imi figa \m wt Imc ns=f= It 1.~ i, i™ M&TTMt IBTTBr JilF ou* tin »m :im i/m oaitrtMW sr IS3F" "SSr" JBa JSL -gS- -IS®- -3%=APLMOMSIA 130/ 3 117* lIM* MM Z2M 7XOI MM OCLRMU «7 Ml 7* 3017 MM1,186 words
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Page 38 Advertisements
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Advertisement470 1997-08-01 38 SINO IXPRBSS SHIPPING jy| 11 COLLYER QUAY *06-01 THE ARCADE iSINOTRANSI 3 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSft VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI MM WEIL TO 01/08 WW 10/ M NORDSUND M 08/08 13/08 17/08 NEW HAIHUNG 9708 15/08 20/08 24/08470 words
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Advertisement477 1997-08-01 38 |"N J ewilttisemwew SBU: (OSt) *****S MAMLA: (832) 812MS1 v PfNAHO:(IM)tMBI BANGKOK: (MS) *****57 SURABAYA: (31)*****0 KB-AHQ: 3SMSH JKT(2I)«SO>IfI7 MDW: (tl)544Sa EX PKG TO NON6KON6 lEX PRC TO MISAN S.NM.M. »T»M«ZT MV tY PROGRESS' 730N MV "KMTC PUSAN* V7ION AETA PKG: 3-8-97 ETA PKG: 5-8-97 EIABCG 3^97 hw aui MMW/477 words
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SHIPS IN PORT
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Article721 1997-08-01 39 Vessel VoyWo Berth jwlwi Dtpsrturs AIM J»T» A»7 JerW< alongside 01.08/0600 AJtar Act 7 JM HonqsKk 0106/1200 AMU* Pros 07/97 J15 alongside 05.08/1500 Salatacstrai 14 J04 alongside 01.08/2300 Satan KM *368 J02 ikn)uK 31.07/2300 St Dua P»tra *****7 JO! alongside 31.07/1500 St Ull n *****7 J01 MnqsM 31.07/1900721 words
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Article1669 1997-08-01 39 RECEIVING Of EX ROOT FCl COWTAIHtHS AND ttt CAH60 Boofctnq/Botaflcc Rjtlj SMp Voy Wo Etb/ttr Ptrlod Frow To Frw *um 71a ovmoo u 31/1500 jv*h ivm *t» J«H MM 03/1500 I 0V0700 0VW* OVMOO 4 0VU00 0VM5* 01/1700 286A 03/0700 I* 31/1500 3V1*S* 3VH00 3VH00 3V*H 31/1900 a1,669 words
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Article195 1997-08-01 39 Aaf 1 Switzerland: National Day. Zambia: Farmers Day. Aaf4 Australia Bank Holiday (New South Wales and Northern Territory only). Canada Civic Holiday (market and public holidays in all provinces except Quebec, which opens for business as usual). Ireland Market and Public holiday. Ah# Croatia: Thanksgiving. Aaf 7 Colombia195 words
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Article835 1997-08-01 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars in stead of single prices for a more com pre hen slve description of the market. Prices shown are baaed on average sized stem Market movements are indtcat ed The Cockett Bunker835 words
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Article366 1997-08-01 39 992.9 0.9 15.4 0.06 75 0.07 M24 P»»sJtT wmtf »wH»i Art S|*«»« No «ko*t E25 3 0 1 0 0 0 MO Aw 906.9 0.2 12.5 0.06 39 0.02 a ria, V 1 1 "5 WI U £g S ?i s 2= «E u 180 Mu366 words
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Page 39 Miscellaneous
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Miscellaneous122 1997-08-01 39 LEGEND: R Thunderstorm Temperature V Shower W#oth»r Wind drection with speed n knots Rain Cloudy Sky Wave height S-rfxe mwh ore indicated by orrow, w*<* Hy the ind (i) One ful arcie represents calm or light and variable mndt i— One half fleche represents 5 knots J— One Mftecherepr«ents 10122 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration563 1997-08-01 40 Felix Chan - RoDs-Royce forecasts demand for over 18,700 new aircraft from 1906-2014 By. Felix Chan [SINGAPORE] The world's civil aero engine market is forecast to be worth US$l4 billion (5520.5 billion) a year by 2014, according to a report by British aero engineFILE PHOTO - 563 words
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126 1997-08-01 40 Reuter (KUALA LUMPUR] Malaysia's passenger car sales totalled 142,193 units from January to June 1997 against 118,552 in the corresponding 1996 period, the Malaysian Motor Traders Association (MMTA) said yesterday. Commercial vehicle sales during the period totalled 37,798 units versus 29,485 inReuter - 126 words
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399 1997-08-01 40 Travel agents can continue to market discount fares Bloomberg [ST LOUIS] Trans World Airlines Inc lost its lawsuit alleging that Omega World Travel Inc violated an agreement by selling discounted TWA tickets from a travel agency owned by financier Carl Icahn. UnderBloomberg - 399 words
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214 1997-08-01 40 AFP [NEW DELHI] Indian Airlines, the country's state-run domestic carrier, has asked a special panel to evaluate bids for the purchase of six new aircraft by next month. A company spokesman said a meeting of the board of directors recommended the 50-seater planesAFP - 214 words
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308 1997-08-01 40 Bloomberg [CALGARY] Canadian Airlines Corp posted a secondquarter profit, which exceeded analysts' expectations, because of lower wages, fuel and other costs. Net income was C 52.6 million (552.7 million), or C 50.06 a share, compared with a loss of C 523.8 million, orBloomberg - 308 words
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Article, Illustration412 1997-08-01 40 Marcus Hand - Deal will help strengthen partnership between the airlines By\ Marcus Hand [SINGAPORE) Northwest Airlines and KLM Royal Dutch Airlines have struck a deal for Northwest to buy back KLM's 19 per cent share in the US carrier, saving the two airlines' groundbreaking412 words
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232 1997-08-01 40 AFP [LONDON] British Airways announced late on Wednesday it had cancelled 35 flights to Europe from London's Heathrow airport up until the middle of August because of industrial action. The cancellations between Aug 4 and Aug 11 come on top of the suspension thisAFP - 232 words
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117 1997-08-01 40 [SINGAPORE] Air New Zealand and Lufthansa German Airlines announced yesterday that they have reached an agreement to develop a frequent flyer alliance. The pact wiU bring new benefits to both ANZ's Air Points members and Lufthansa's Miles and More customers. For customers of both117 words
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Article1628 1997-08-01 40 CITY FUGHT ETA FLIGHT CTP MaHMt S0230 1830 MM TC40T 2105 TG408 0020 AnKt»rdMi S032T 0T50 KLM4 0040 OMI IBO JMM MB 1 u wn-, K1837 M55 U838 2300 AW 1335 AT* 2135 ot26 2355 mtmmt som mss stmt ooo 1 2» Ha CM MM VH7411,628 words
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Page 40 Advertisements
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Advertisement62 1997-08-01 40 An established shipping company has immediate vacancies for Documentation Assistant 1 GCE 'NVO' level 2 Must be able to type H Experience in shipping an advantage 1 Shipping Cashier GCE*N7'O' level I Accurate customer oriented I With or without expenence Operations Assistants 1 ■P GCE'o7'A'level Experience in Equipment Control or62 words
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