The Business Times, 19 August 1997

Total Pages: 42
1 42 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85<t SINGAPORE Internet' http://www.asial.com.sg/biztimes TUESDAY, AUGUST 19,1997
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  • 600 1  -  Currency jitters and local factors add to the toll By' Ven Sreenivasan [SINGAPORE] Regional stock markets took a hammering yesterday in reaction to the 247-point plunge on Wall Street, reinforced by currency concerns and local factors. While the Dow Jones Industrial Average's dive to
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  • 254 1 Market jittery ahead of Federal Reserve meeting today Reuter [NEW YORK] The benchmark Dow Jones Industrial Average fell a further 52.03 points to 7,642.03 by Ipm EDT on Monday, alter &hat seemed to be a promising early rally fizzled out. 'There
    Reuter  -  254 words
  • 204 1 [SINGAPORE] ST Aerospace may well have to review the issue of Foreign and Local listings if its parent company Singapore Technologies (ST) were to sell part of its shareholding, group president and chief executive of ST Aero Boon Swan Foo
    REUTER  -  204 words
  • 581 1  -  Combined development wffl have commercial, office, condo units Byt Conrad Raj [SINGAPORE] The Port of Singapore Authority is joining forces with the Keppel Group to turn their 52 hectares of property at Telok Blangah into a high-end waterfront development, with residential,
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  • SINGAPORE AT HOME & ABROAD
    • 471 2  -  Analysts expect 5.8% after Jane's SJB% but see good prospects for rest of year Audrey Tan AFTER an unexpectedly strong rebound in June, nonofl domestic exports are forecast to have grown a slower 5.8 per cent in nominal terms in Jhly. Nine economists
      471 words
    • 304 2  -  A/ Christopher Tan VEHICLE inspection fees wUI soon increase for the first time in 15 years, and industry sources expect the rise to be significant. 1 "We haven't raised our charges since day one," said one source, adding that an increase would have to
      FILE PHOTO  -  304 words
    • 266 2 THE Port of Singapore Authority (PSA) is considering moving its cruise centre into a separate building next to the World Trade Centre (WTC) to meet rising cruise calls. Other options involve turning the maritime and exhibition hub in Telok BLangah into an entertainment centre,
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    • 604 2  -  LETTERS TO THE EDITOR William Foo Singapore FRIDAY's article "Redas appeal has valid grounds" by Lim Say Boon best sums up the current debate sparked by Redas or perhaps Mr Heng's personal appeal on behalf of his employer, the Far East
      604 words
    • 626 2  -  Charles Chua Singapore I REFER to the article "Redas appeal has valid grounds" (BT Aug 15). I find the article objectionable. In arguing Redas' appeal to slow down land sales by the government on the grounds that it would otherwise lead
      626 words
    • 364 2  -  EYE ON THE ECONOMY PRODUCTIVITY By Audrey Tan IN line with the economic rebound in the second quarter, productivity growth pffcked up to 1.7 per cent, ending three consecutive quarters of negative to near-ze-ro growth. Apart from the financial and business services sector, all sectors
      Source: Dept of Statistics  -  364 words
    • 574 2 The Straits Times THE High Court yesterday heard opening arguments by the Prime Minister's lawyer on why J B Jeyaretnam's seemingly innocuous reference to police reports filed by Tang Liang Hong was defamatory. Queen's Counsel Thomas Shields argued that because of "extrinsic and special
      The Straits Times  -  574 words
    • 475 2 US consumer PC demand and Europe's economic climate these are the two key questions for the disk-drive industry's performance this quarter, said a senior Quantum Corp executive. "The question is when the back-to-school' and Christmas cycle kicks in, and when Europe returns from
      475 words

  • Page 3 Advertisements
    • 301 3 Centennial T O W E ft 'Persistence of Electrical Nymphs in Space' by fames Rosenquist at South Lobby of Centennial Tower fj (d)HE RE MAN 'S ART INSPIRES MAN'S ACHIEVEMENT I HKV^I'iS "Inspired works of achievement, genius and imagination" fittingly is an awe-inspiring work of art in itself. Endowed with
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  • FOCUS: PROPERTY
    • 681 4  -  THE PROPERTY COLUMN The soon-to-be-privatised stat board's venture Is set to be a winner though private developers may find It worrying By Lee Han Shih A JOKE among private developers is that sooner or later, every government-linked company with "Singapore" in Its name will
      681 words
    • 147 4 BUYERS' response surprised ST Properties when the largest units in Windermere were "among the first to be snapped up", said the company's vicepresident of Singapore investment, Shium Soon Kong, yesterday. As a result, he expects the four double-storey maisonettes in Chestervale,
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    • 485 4  -  ST Prop charging $430 psf for its second exec condo Chestervale Reports by Diana Oon [SINGAPORE] Singapore Technologies Properties is charging an average of $430 per sq ft for units in Chestervale, its latest exec condo project. The price is about 2.3 per cent
      ALI YUSOFF/ST  -  485 words
  • Page 4 Advertisements
    • 285 4 COLLECTIVE SALE PRIME RESIDENTIAL SITE "BTM [AT 37 TO 45 CAIRNHILL CIRCLE Landarea: 17,383 sq ft (Appro*.) A Scon. Freehold/Elevated site Tower Vags\9\ W\ DGP plot ratio up to 2.8, building up to 20 storeys W\ Exclusive/prestigious neighbourhood Yz\ —"A Walking distance to Orchard/Somerset/Newton \z\ L— MRT and social amenities
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    • 154 4 For real- time stock information, call Quick Stock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao. Prime Bungalow WKSt For Sale By Tender ™> 23 Rebecca Road s&r Single storey bungalow located on at a quiet
      154 words
    • 143 4 FITTED OFFICES FOR LEASE CAPITOL BUILDING Approx. 15,263 sq ft Quality fittings Subdivisible from 2000 sq ft onwards Asking Rental at $4.70 psf. Available now. MARINA HOUSE Approx. 3,600 sq ft Asking Rental at $6.00 psf. Available now. EURO-ASIA CENTRE Approx. 3,800 sq ft Asking Rental at $6.00 psf. Available
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  • SOUTH-EAST ASIA
    • 490 5 BANGKOK Cabinet reshuffle upsets party members; to take dear stand on draft constitution AFP PRESSURE mounted yesterday on Thai Prime Minister Chavalit Yongchaiyudh, despite a cabinet reshuffle intended to bring him some respite and to prolong his government's tenure in the face of
      AFP  -  490 words
    • 329 5  -  KUALA LUMPUR Govt seeks to open land to development for 30 years By Eddie Toh MALAYSIA has proposed to free up Malay reserve land for development by other races for 30 years. The New Straits Times yesterday quoted Deputy Land and Cooperative Development
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    • Article, Illustration
      31 5 [MANILA] A traffic police officer manning his post in a flooded street yesterday during heavy downpour. Flash floods hit areas around the Philippine capital following continuous monsoon rain. AFP
      AFP  -  31 words
    • 316 5 ■TOKYO Bloomberg JAPANESE officials will visit Asian capitals later this month to encourage more countries to join talks on opening financial services markets to international competition, said Shunsuke Kagawa of the Ministry of Finance's International Finance Bureau. Mr Kagawa
      Bloomberg  -  316 words
  • Page 5 Advertisements
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  • MARKET TREMORS
    • 479 6  -  Nervous trading on high rates, slowing economy; rnpiah also falls before recovering From\ S N Vasuki in Jakarta JAKARTA stocks and the rupiah tumbled in nervous trading yesterday as high interest rates and a slowing economy spooked investors. The Indonesian government reiterated
      Source: Bloomberg  -  479 words
    • 350 6  -  Rnpi&h hits 3,000 against US$, baht falls to 32.40 low By\ Larry Wee [SINGAPORE] Regional currencies weakened again yesterday, with the Indonesian rupiah testing the 3,000 mark against the US dollar for the first time and the Thai baht hitting a new low of 32.40 in
      Source: Dow Jones  -  350 words
    • 304 6  -  From. Harish Mehta in Bangkok THAI stocks dived 3 per cent yesterday as investors dumped blue chips on domestic political and economic concerns and the possible impact on regional bourses of a slump in the Dow Jones index. The Stock Exchange of Thailand
      304 words
    • Article, Illustration
      45 6 [JAKARTA] A trader at the Jakarta Stock Exchange standing, while keeping an eye on the monitor during the afternoon session yesterday. Shares on the stock exchange slumped 3.2 per cent amid speculative attacks on the currency which tumbled to a new low. AFP
      AFP  -  45 words
    • 361 6  -  From Anthony Rowley in Tokyo TOKYO stock prices regained some heavy initial losses but still finished 1.47 per cent lower yesterday in the wake of Wall Street's precipitous drop last Friday. The Nikkei-225 stock average ended 284.93 points lower at 19,041.10 after falling by more
      Source: Bloomberg  -  361 words
    • 297 6  -  From, Loh Hui Yin in Hongkong THE Hongkong Monetary Authority (HKMA) has reaffirmed it will stick to a fixed exchange rate for the local dollar and warned currency speculators to expect to be burned if they try to dislodge it. Joseph Yam,
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    • 328 6  -  Market cap down more than Ms2oob so far this year From Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange yesterday tumbled to its lowest level in 30 months, but analysts and dealers said the worst is not over
      Source: Bloomberg  -  328 words
    • 262 6  -  From Al Labita in Manila PHILIPPINE shares plummeted for the eighth consecutive day yesterday to a 21month low as foreign fUnds panicked over the Dow's plunge and Hongkong's Hang Seng retreat on Friday. The benchmark 30-share Phisix index tumbled 80.26 points
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    • 125 6 Managing Directors: I Is your accounts department the most neglected in your company? Chances are pretty good that this is exactly how it is. You may not realise it, but unless I J M u you upgrade the old clunky accounting software in your company to Realtime Accounting Software, your
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    • 8 6 HK defends the magic number, Editorial Pg 13
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  • SOUTH-EAST ASIA
    • 327 7 KULIM, Kedah Two wafer fab plants to begin operating in Knlim high-tech park in 1999 Bernama KULIM High Technology Park is expected to become Malaysia's first "Silicon Valley" when two wafer fabricating plants start operating in 1999. A senior official of
      Bernama  -  327 words
    • 201 7 MIRI, Sarawak He brashes aside criticism about economy overheating Bernama MALAYSIAN Prime Minister Mahathir Mohamad said the country has to be developed more quickly to give the people every opportunity to enjoy a higher standard of living and to catch up with developed nations. "We
      Bernama  -  201 words
    • 352 7 PHNOM PENH Forecast slashed from 6-7%; July inflation hits 16u55% Reuter CAMBODIA'S projected gross domestic product growth for 1997 has been slashed to 3 per cent in the wake of bloody fighting in the capital last month, a top finance official said yesterday.
      Reuter; FILE PHOTO  -  352 words
    • NOTE Book
      • 58 7 AFP [HANOI] Vietnam's central coastal city ofDanang has proposed launching a special economic zone to booet flagging investment, a report said yesterday. Danang, which recently became an independent city from the Quang Nam-Danang Province, is seeking permission from the central government to implement incentives to
        AFP  -  58 words
      • 68 7 Reuter [HANOI] Vietnamese hawkers waving loaves of bread at prospective buyers through iron railings at a central Hanoi bus station yesterday. Vietnam's senior adviser, Pham Van Dong, has warned that Hanoi needs to embrace far broader reforms, including political reforms, in order to
        Reuter  -  68 words
      • 95 7 Reuter [BANGKOK] Thailand is considering floating its local sugar prices to avoid possible shortages caused by millers smuggling out sugar to sell in a more lucrative world market, Thai Cane and Sugar Board secretary general Pramote Vidtayasuk said yesterday. Mr Pramote said the board
        Reuter  -  95 words
      • 38 7 Bernama [KUALA LUMPUR] Malaysia is considering participating in a US$2OO million (SS3O4 million) fUnd to be launched by the Commonwealth to provide assistance to South Asian nations like India and Bangladesh. Bernama
        Bernama  -  38 words
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  • Page 8 Advertisements
    • 214 8 I 1 OOHz DIGITAL TECHNOLOGY FROM TOSHIBA. The Toshiba Digital 100 is no ordinary TV. It's a technological breakthrough. It's same time. Something that until now, no one thought was possible. When combined all down to Toshiba's innovative research and development programme that with the 100 Hz Digital Scanning System,
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  • CHINA-HONGKONG TAIWAN
    • 454 9 k BEIJING But HE paper says party leaders still divided on shareholding plan AFP CHINA has signalled its willingness to relinquish one of the last bastions of socialism state ownership of industry and transform tens of thousands of state
      AFP  -  454 words
    • 268 9 SHANGHAI Reuter THE Chinese yuan ended at a 27-month high yesterday, fcuoyed by a late round of buying linked to strong trade data announced last week, dealers said. The yuan ended at its intraday high of 8.2882 to the dollar against last
      Reuter  -  268 words
    • 54 9 (BEIJING) A shopkeeper bargaining with a customer over the price ofcured tobacco leaves at a downtown market yesterday. Despite recent campaigns to discourage smoking, China remains the world's biggest tobacco market with more than 300 million smokers including five million children—puffing 1.7 trillion
      REUTER  -  54 words
    • 122 9 m BEIJING AFP CHINA sharply dimissed yesterday an offer from Taipei to hold official talks, saying no negotiations were possible until the island stopped activities aimed at permanently dividing China. "This is not the first time the Taiwanese side has made such an offer." said
      AFP  -  122 words
    • 216 9 HONGKONG AFP THE son of former politburfe member and Beijing party sectt retary Chen Xitong has bee 4. sentenced to 12 years in jatt over the 1995 corruption scan-j dal that brought down his faL ther and rocked the capital, ii, was reported yesterday.
      AFP  -  216 words
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    • 144 9 IV m f■l/IM tmWmlem mm%r#f#lfW iJf#ffMlyi»yJMflrflM V A perfect blend of fun and intimacy. it I Second of the Quartet. Near Holland Village, this garden bungalow sits on about 19,800 sq ft of prime freehold land with 65% of area dedicated to lush gardens. A superb blend of traditional landscaped
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  • ASIA
    • 538 10 HONGKONG Growth was widely expected to be hurt by increase in consumption tax AFP JAPANESE Finance Ministry official Eisuke Sakakibara known as Mr Yen for his influence on currency markets was quoted yesterday as saying that the economy shrank 1.6 per cent in
      AFP; FILE PHOTO  -  538 words
    • 385 10 SYDNEY Bloomberg AUSTRALIA'S economy will peak in the next two years, with a boost in growth followed by a nuyor decline in mid--2002, according to economic forecaster BIS ShrapneL. Growth in Jobs, investment and residential building will speed the pace of economic
      Bloomberg  -  385 words
    • 342 10 SEOUL* Reuter SOUTH Korea's Finance Ministry said yesterday it would help finance troubled financial institutions on condition that they submit satisfactory self-rescue programmes. A ministry statement said state-run Korea Asset Management Corp would extend aid by buying some assets held by
      Reuter  -  342 words
    • 235 10 SYDNEY 8 Aussie universities launch campaign as Atifin full AFP THE heads of Australia's eight wealthiest universities will launch their own campaign in Asia to counter the adverse impact of maverick MP Pauline Hanson and lift the standing of higher education here. Yesterday's statement by
      AFP  -  235 words
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    • 84 10 Kuok (Singapore) Limited I 5550,000,000 Floating Rate Notes Due 1998 I In accordance with the provisions of the Notes, I notice is hereby given that for the six-month period I from 18 August 1997 to 18 February 1998, the Notes I will carry a rate of interest of 4.9375 per
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  • THE WORLD
    • 717 11  -  NEW YORK Long-term structural changes in US economy seen at the core of current economic conditions By Andrew Marks EXPERTS wonder: is the US economy's steady growth and low inflation a cyclical phenomenon. or is it due to structural changes in the economy? Wall
      717 words
    • 176 11 WEST PALM BEACH, Florida Reuter FLORIDA is seeking US$l2.3 billion (5518.6 billion) in damages in its lawsuit against tobacco companies to recover the cost of Medicaid treatment of people with smoking-relat-ed illness, a lawyer for the state said yesterday. Robert Montgomery, one of a
      Reuter  -  176 words
    • 314 12  -  I SINGAPORE Regional structures mw help A«»n tackle attacks on currencies By. Larry Wee TO cope with attacks on their currencies, governments and central banks of this region could learn from the European experience, suggested the chief economist of Deutsche Bank, Nobert Walter.
      314 words
    • 268 12 BONN Bloomberg GERMANY'S economy expanded by "up to one per cent" in the second quarter, as exports continued to fuel growth, German Economics Minister Guenter Rexrodt said. The annual rate of growth in Europe's biggest economy was 2.5 per cent to 3 per
      Bloomberg  -  268 words
  • Page 11 Advertisements
    • 166 11 COLLIERS JARDINE HOTEL SALE APOLLO INTERNATIONAL AUSTRALIA HIGH YIELD. REFURBISHMENT COMPLETED. Apollo International Hotel 'S Newcastle's highest rating hotel, located some 10 minutes from the metropolitan centre and approximately I i 2 hours drive from Sydney s North. Extensive refurbishment has recently been completed 50 Luxury guest rooms and suites
      166 words
    • 71 11 f Impreza 280 HP nit* Come down to our launch on 24th Aug '97 Kallang Car Park B 10am 12noon and see the new WRX racing against other performance cars. MOTORIMAGi (^SUBARU A Tan Chong Group of Companies /Ww tilrkg, Arffea Safety 25 Lang Km Road, Singapore *****7 "W: 473
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  • EDITORIAL & OPINION
    • 669 13  -  B$rroMLnra OPINION H Harish Mehta The writer is BT's Indochina correspondent THE nine-month-old government of Prime Minister Chavalit Yongchaiyudh has suffered some hard economic knocks in recent months. Just when it seemed that the government would settle down to some serious troubleshooting with the
      669 words
    • 141 13 The market is tired.' -Jon Oleaky head trader at Morgan Stanley, Dean Witter, Discover A Co who believes there aren't many buyers left as net cash flowing into mutual funds slowed to its lowest level in two months. The majority of teachers in the United States are
      141 words
    • 687 13 EDITORIAL IF Hongkong's legislators need convincing that their currency is no sacred cow as far as currency speculators are concerned last Friday's attack on the HK dollar should be proof enough. As the HK dollar's peg to the US dollar came under pressure, interest rates
      687 words
    • 1137 13  -  Divisive goods and services tax is back on Aussie agenda, after being declared 'dead' by PM John Howard By. Peter Lynch in Sydney HALF WAY through his first three-year term, Australian Prime Minister John Howard is about to embark upon his boldest domestic economic strategy to date:
      FILE PHOTO  -  1,137 words
    • 805 13 Currency crisis not over INDONESIA'S decision to let the rupiah slide is a rude reminder that the Asian currency crisis has not gone away in spite of the US$l6 billion (Ss24 billion) rescue package for Thailand. With the ringgit and equities also under pressure in Malaysia,
      805 words
  • Page 13 Miscellaneous

  • EXECUTIVE LIFESTYLE
    • 778 14  -  'Fly by Wire' adventure attracting international interest says Catherine McCaw Catherine McCaw Reuter ANEW Zealander has people queueing to lie on a piece of aluminium and hurtle through the sky at break-neck speeds, at times just 1.5 metres from the ground. Neil Harrap's
      Reuter  -  778 words
    • 69 14 [GELDERN, Germany] Watchedbyacrowdofcurious onlookers, German street painter Edgar Mueller was completing his copy of Michelangelo Caravaggio's painting Meal of Emmaus in the pedestrian zone of the city on Sunday. He was taking part in the current international competition of street painters. Some GOO street painters from
      AFP  -  69 words
    • 721 14 FOOD National Trust is enhancing ambience at its stately homes with aga-eld recipes Reuter [BODMIN, England] Britain is turning back the kitchen clock at its stately homes, resurrecting age-old recipes so today's visitors can taste the past. From likky pie to
      Reuter  -  721 words
    • 510 14 OBITUARY NYT [LONDON] Nusrat Fateh Ali Khan, the Pakistani singer whose thrilling voice carried Sufi devotional songs to the world, died on Saturday in London. He was 48. Khan, who suffered from problems with his liver and his weight, came to
      NYT; AFP  -  510 words
    • 796 16 GOLF He outplays British Open champ to win by five strokes in a brilliant final-roand performance Reuter [MAMARONECK, New York] Davis Love outduelled British Open champion Justin Leonard in a brilliant final-round performance on Sunday to win the PGA Championship by five strokes and
      Reuter  -  796 words
    • 519 16 Reuter [MAMARONECK, New York] Davis Love's victory in the PGA Championship on Sunday was a real family affair. The 33-year-old Love won his first major championship with his brother at his side, his mother, sister and wife in the gallery and his late father
      Reuter  -  519 words
  • Page 14 Advertisements
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  • Page 15 Miscellaneous
    • 764 15 K TV&RADXO t>J 10J0 News 5 Tonight. 130 Konsert Mesra ILOO Perspective. 130 Zimfoni. Thl ws nnovatlons IL4B Tuesday Feature -He 1100 Japan Hour Weekly "i, Wm ers She Said (See Our News. Choice). 10.30 Japan Hour lenakiko. how To Succeed In Busi- L 45 AM Remington Steele IL3O TV
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    • 235 15 CRYPTIC CROSSWORD 1 Alex, say. to undress before 9 Student's left a breadwinner g 10 Old colonist put into the earth ■■■""""■B next to monarch (7) 16 Prayer to replace gale with sun ff 18 Volcanic ridge ship is to get 21 Pride swells as one is born (4,3) r^r--23
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  • Page 16 Advertisements
    • 143 16 retreat to calm and tranquility. Fourth of the Quartet. Near Holland Village, this garden bungalow sits on about 16,600 sq fie of prime freehold land with 65% of A area dedicated to lush gardens. A superb blend of traditional landscaped privacy in a contemporary, minimalist architectural style. The price: a
      143 words

  • COMPANIES & MARKETS
    • 450 17  -  Profit exceeds that 4# whole of '96; firm giving interim dividends for Ist time tot Clarissa Tan SINGAPORE] Singapore Technologies Aerospace has reported a four-fold rise in first-half earnings from $6.86 million to $28 million more than what it made for
      450 words
    • 158 17 [SINGAPORE] Industrial equipment supplier Ace Dynamics, formerly known as Causeway Investment, is back in the black with net earnings of $546,000 for the half year ended June 30. This is a recovery from a loss of $907,000 a year ago. Profit was achieved on
      158 words
    • 377 17  -  By. Annette Pau [SINGAPORE] Datacraft Asia Ltd yesterday reported a 54.8 per cent jump in net profits to US$lO.3 million (5515.6 million) for the full year ended June, beating analysts' consensus forecasts of 51 per cent growth. CEO managing director Des Althorp told
      377 words
    • 843 17  -  HOCK LOCK SIEW Louis Beckerling NVESTORS in companies across the Causeway will find a silver lining in the currency cloud hanging over the Kuala Lumpur stockmarket and it will come in the form of the old faithfuls: palm oil plantations, and timber
      843 words
    • 223 17  -  By, Jennifer Lien [SINGAPORE] ST Electronic Engineering yesterday posted a 61.9 per cent jump in interim net profit to $4.8 million, following the acquisition of four companies. Turnover was 118.3 per cent higher at $130.3 million. Earnings per share came to 4.6
      223 words
    • 316 17  -  Drop comes as a surprise after Thursday's 17% gain By, Annette Pau [SINGAPORE) The SM Summit Holdings stock yesterday plummetted to its lowest level for the year, after a marginal rally last Thursday. Over the last two trading days,
      Source: Bloomberg  -  316 words
    • 199 17 [SINGAPORE) Inno-Pacific Holdings has scaled down a proposed plan announced in June to raise over $200 million through a rights issue with warrants. The listed trading and food group said yesterday that it plans instead to raise only $49.8 million through a one-for-one rights issue,
      199 words
    • COMPANIES
      • 394 18  -  Float will also be marketed in Singapore Front Russell Baker in Sydney HEAVY equipment supplier Tat Hong Holdings Ltd, which was ranked fourth last year in the Enterprise 50 list, is seeking As3B million (5542.8 million) from investors via a public
        394 words
      • 509 18  -  By, Abdul Hadhi [SINGAPORE] Moving aggressively into further regionalisation, Australian conglomerate Lend Lease has clinched contracts to design and build Coca-Cola bottling plants in three major Indian cities. Ross Johnston, regional director for Lend Lease Asia (LLA) the group's Asian property
        509 words
      • 171 18 No reason given for termination of proposed acquisition Reuter [KUALA LUMPUR) Malaysian infrastructure developer Ekran Bhd said on Friday it had cancelled plans to buy brokerage house Upen Securities Sdn Bhd. "Ekran wishes to announce that the company had mutually agreed with the vendors of
        Reuter  -  171 words
      • 250 18 [SINGAPORE] Creative Technology yesterday unveiled Zone-A, its first franchise outlet with a twist. Located on the fifth floor of Funan Centre and operated by long-time Creative distributor AJVW Distribution, the outlet showcases Creative products and offers marketing, technical and logistics support to other Creative dealers
        250 words
      • 350 18  -  Electronics, US$ stocks give 30% boost to July volume Byl Siow Li Sen [SINGAPORE] IT hasn't been all gloom and doom in the stockmarket although it continues heading southwards, it has been doing so on ever increasing volumes. Boosted by explosive
        350 words
      • COMPANY Briefs
        • 84 18 (SINGAPORE] Amtek Engineering will take a 38.46 per cent stake in Big Ocean Trading Pte Ltd for $2.79 million. It will subscribe for 850,000 new Big Ocean shares of $1 par at $3.28 per share. The price represents a $2.13 premium over
          84 words
        • 66 18 [SINGAPORE] There was no out-of-court settlement in Trans-Island Bus Services' dispute with Singapore Bus Service over concession stamp revenue dating back to November 1990. SBS said this in response to a BT report on Friday that the parties had agreed to settle out of court.
          66 words
        • 23 18 [SINGAPORE] Singapore Telecommunications has formed a new subsidiary, Sing Tel Mobile Sales Pte Ltd, whose paid-up capital is $2.
          23 words
        • 77 18 [SINGAPORE] Bonvests Holdings has secured the Stock Exchange of Singapore's approval for its proposed rights warrant issue in conjunction with a transferable loan facility from DBS Bank. The loan comprises a fixed interest rate tranche of Ssloo million and a floating interest rate tranche
          77 words
        • 81 18 Land General interim profit up 26% Bloomberg [KUALA LUMPUR] Land General Holdings said net profit for the six months ended June 30 rose just 26 per cent to M 565.3 million (5535.4 million), hurt by a "tough business environment" in the real estate industry. Bank Negara. the central bank, limited
          Bloomberg  -  81 words
        • 56 18 Bernama [KUALA LUMPUR] Transmile Group has agreed to sell about two-thirds of its 61 per cent stake in Transmile Air Services Sdn Bhd for M 594.5 million (5551.3 million). A 35 per cent block will go to Konsortium Perkapalan Bhd and a 7 per cent
          Bernama  -  56 words
      • 236 18 It sees satisfactory performance despite currency issues Bernama (KUALA LUMPUR] Tan Chong Motor Holdings Bhd recorded a 41 per cent increase in group pre-tax profit to M 5231.13 million (*****.5 million) for the half year ended June 30, 1997 from M
        Bernama  -  236 words
      • 945 18  -  LCTTER TO THE EDITOR Alan Wang Kim Eng Securities Singapore LAST week, we saw much publicity about the issue of the lofty foreign share premiums. Several noted journalists made various suggestions on how to address the issue from allowing foreigners to buy local shares
        945 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 366 19 Increased costs and shipping delays affect computer maker's earnings Bloomberg [PALO ALTO, California] Hewlett-Packard Co's fiscal third quarter earnings rose less than analysts had expected, as costs increased and the company experienced a delay in shipping some products. The company reported net
        Bloomberg  -  366 words
      • 499 19  -  Hindustan Lever granted extension to answer insider trading charges FYotn Vivek Kelkar in Bombay UNILEVER'S Indian subsidiary, Hindustan Lever Ltd (HLL), has been granted an extension until Sept 8 to reply to charges of insider trading made by the Securities and Exchange Board of India
        499 words
      • 214 19 NYT [NEW YORK] Netscape Communications Corp was poised to announce last night that it will once again make its popular Navigator World Wide Web browsing software available as a stand-alone product, executives familiar with the company's plans said. Earlier this year, Netscape introduced a
        NYT  -  214 words
      • 307 19 Staff cots, dollar's rise, smaller product range help boost gain Bloomberg [TOKYO] Pioneer Electronic said group net profit rose 27.5 per cent to 1.03 billion yen (5113.3 million) in the three months to June 30 as it slashed its payroll and
        Bloomberg  -  307 words
    • FINANCE & COMMODITIES
      • 503 20  -  DBS arranged US$L75b over 2Vz years from 1995 to end-June 1997 By\ Siow Li Sen [SINGAPORE] DBS Bank is the most prolific arranger of syndicated loans to Thailand among the Big Four banks and has continued keeping faith with
        FILE PHOTO  -  503 words
      • 202 20 Bernama [KUALA LUMPUR] The Malaysian Derivatives Clearing Htfuse (MDCH) and the Malaysian Futures Clearing Corporation (MFCC) are expected to be merged by this November, said Allan Au-Yong, manager of marketing, education and promotion for the Kuala Lumpur Commodity Exchange ififctyp on Saturday. said the
        Bernama  -  202 words
      • 351 20 New York suit alleges non-payment of victims' policies Bloomberg [ZURICH] European insurers named in a Holocaust-related legal suit in New York face claims of US$l billion (551.52 billion) each, according to lawyer Edward Fagan, who is leading the suit against 16 insurers.
        Bloomberg  -  351 words
      • 185 20 Reuter [NEW YORK] Trading volume in emerging market debt instruments totalled more than US$l.4 trillion (512.1 trillion) in the second quarter of this year, down from US$l.6 trillion in the first quarter, an Emerging Markets Trade Association (Emta) report said. An influx of
        Reuter  -  185 words
      • 199 20 FT [LONDON] Esso petrol retailers won a victory in the UK's High Court on Friday when a judge ruled that Esso could not force them to buy products other than petrol without breaching European competition rules. The ruling could force Esso and
        FT  -  199 words
      • 199 20 FT [NEW YORK] Nationsßank's acquisition of Montgomery Securities, one of a series of mergers between large commercial banks and smaller investment banks, will create an entity capable of going "head to head with Goldman Sachs and Morgan Stanley and whoever else is there",
        FT  -  199 words
      • 236 20 Bloomberg [TOKYO] Japan's largest regional banks may form an alliance to sell mutual funds to cut the cost of developing new products, according to an industry group. An alliance would help them compete with nationwide banks when the government allows commercial banks to sell
        Bloomberg  -  236 words
      • 254 20 SEMEXReport Reuter [SINGAPORE] Simex Euroyen futures eked out slight gains yesterday in line with the longer end of the yield curve following a sell-off in Nikkei stocks and futures. Tokyo stocks slumped alongside other Asian bourses after the Dow's second biggest point drop in
        Reuter  -  254 words
      • 167 20 Reuter, AFP THE US dollar fell in the wake of sharp losses on Wall Street last week and amid predictions of an imminent rise in German interest rates. An economist said the dollar lost ground because the Bundesbank might raise its interest rates this week. The German central
        Reuter,; AFP  -  167 words
      • 301 20 ENERGY REPORT Reuter [LONDON] Oil prices lost more ground yesterday as a recent fierce rally on petrol markets in the US faltered. International benchmark Brent blend crude lost 15 cents to US$lB.B4 a barrel. Summer demand for petrol in the US and
        Reuter  -  301 words
      • Article, Illustration
        1275 20 nrmtBAWMOQSSKATBi aw is *t o —o K9 n tm m m*wmi* fm wm m$ Mawh m> a rt$ m Hmt 85$ Awtnll 1830 1170 MM 4235 1244 1748 ***** 2222 0272 4472 2.076 1149 36.01 23.018 IB! 3.475 IRS *****24.057 0.460 0.743 I I CMrtl 0971 WW 0444 4.403 i»
        1,275 words
    • 1583 21 SICOH FUTURES Aug is •UNCI (Mhtm dart* at 5.30»») ISS1 CONTtACTts c«itsA<) CIom Votano Open HM» Low Sott (toanos) lotomt a 9 138.00 350 91 140.25 1525 143.25 1775 #•<97 MS75 2275 ***** 4935 98 155.25 S525 155.25 75 MOW MB* tt ***** 158.25 158.25 285 4875 ISS
      1,583 words
    • 1583 21 AFP Qmkuax -asm JAPANESE share prices closed 1.5 per cent lower yesterday, despite a late recovery, following uncertainty over Wall Street's future after a plunge in the Dow Jones over the weekend, brokers said. The 225-issue Nikkei Average finished at 19,041.10, down 284.93 points, or 1.5 per cent, from
      AFP  -  1,583 words
    • 2099 21 LONDON ta«« tatetftab 31 Croup 484.400 -6.800 A8 Ports 274.400 unch AbOry Nation* 795 -7.400 MM Domacq 468.400 -9 Ante 147.400 *.400 Asda Group V48.600 .600 BAT tad 513.400 1600 BCPfc 252.400 -2 6ICC 168.400 -I BOC Group 1108.400 -6.600 BRPotroMum 837.400 V4 8TR 221 6 Ban*
      2,099 words
    • Article, Illustration
      735 22 AFP Q Composite Index -18.07 SHARE prices slumped 3.2 per cent yesterday amid speculative attacks on the currency despite a late rally. A dealer said there was speculation in the market that government support had been responsible for the sudden rebound in the index in late trade. "There was
      AFP  -  735 words
    • Article, Illustration
      840 22 AFP Q SET Intex -1&91 SHARE prices dropped 3 per cent yesterday in a sell-off of blue chips amid political concerns and bleak prospects for the financial sector. Analysts said that the market was wary of political upheavals which could further damage the economy. Most blue chips faced selling
      AFP  -  840 words
    • 338 22 AFP Q Manila -80.26 SHARE prices slumped 3.3 per cent yesterday following a plunge on Wall Street and amid uncertainty over .the peso. Analysts said the fall on the Dow on Friday was the catalyst for people to start selling. The PSE Composite Index fell 80.26 points to close
      AFP  -  338 words
    • 418 22 AFP Q Composite Index -Ll2 SHARE prices closed lower yesterday as the mood remained depressed over lacklustre first-half company results, dealers said. "The market remained weak, largely because of poor earnings by major companies," an analyst. The Composite Index closed down 1.12 points at 747.29. Turnover was 28.9 million
      AFP  -  418 words
    • 595 22 AFP kJ All Ordinaries -47.7 BARGAIN-HUNTERS helped shares partially recover from hefty early losses yesterday and close 1.8 per cent down following Wall Street's dramatic slump. "The common view would probably be looking for a recovery in the US tonight," a trader said. The All Ordinaries Index lost 47.7
      AFP  -  595 words
    • 259 22 Reuter Q Wellington -2181 SHARES closed weaker yesterday but showed remarkable resilience after Wall Street's plunge on Friday. The NZSE-40 Capital Index closed 24.81 points lower at 2,470.82. MM MS row ANZ Banking 11.75 uneft ***** Ad»»nt»qe$ Hk»g« 0.95 -0.03 ***** Air New Zeeiend (A) 2 98 -0.07 *****8
      Reuter  -  259 words
    • KUALA LUMPUR STOCK MARKET
      • 276 23 AFX-Asia n Composite Index -2173 SHARE prices closed lower yesterday amid deepening worries over the ringgit and the economy as well as Friday's sharp fall on Wall Street. Dealers said the shorter settlement period implemented yesterday also helped keep volumes down. The KLSE Composite
        AFX-Asia  -  276 words
      • 278 23 Uf Dewn Uncft Con tunwr pro 4 45 4 M *r< 3 75 9 Construction 1 22 2 Tro«n«/S»< 3 63 3 Mrostrv 0 3 1 Fk«i 2 54 MoW 0 5 0 Property 7 52 Plantation 4 30 2 NMrif 0 6 I Trust 0 3 1 Loan T
        278 words
      • 8328 23 INDUSTRIALS CWMMT priMt •997 LMt Vol Day Net Cap Mgfc Low Cinony Solo '000 Mfh Low P/l *mH 790 498 A|inomoto 496 -2 2 500 498 27.6 201.8 448 269 Angkasa 274 -4 18 275 274 8.1 404.0 905 600 Apollo Food Hlg 640 )0 17 640 600 18.6 256.0
        8,328 words
    • WARRANTS & OPTIONS
      • 3410 24 >**7 Last v»i Day nit Omtt A«g High Low St no Company Sato oar- COOO) High Law Buyof Mk Prtco 6a 38 m 3000 m AMDS "2 2 30 38 39 43 81 41.5 3160 Ac»r ******1 USS 63 3.5 24 64 63 63 63.9 131 65.5 3164 Acma ******4
        3,410 words
      • 168 24  -  WARRANT WATCH By Louis Beckerling INVESTORS are keeping faith with the Uraco warrant in the evident belief that the underlying share is due for a reasonable correction. Showing admirable resilience in the face of continuing weak market sentiment, the Uraco warrant yesterday ended
        168 words
    • 2072 24 MALAYSIAN Gr Or mrr laat v« on lmkhhm n« n* vh im hc« H|> Laar Stna Ciw>w» SaM *h COOP) Hmi La» Bwyar SaBar Cw H P/I $aMI 478 218 miSOOO AISBSOc 220 -16 T17 231 218 218 222 5.0 4.9 0-6 48.0 225.7 137 743 mt 5001
      2,072 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1695 25 TURNOVER COOO) VALUE ('OOO) wtn cm T«I mm o»> T«m industrial 82.932 12,965 95.897 222.852 21.312 243.964 21.861 6.377 28.238 218.511 8.397 228.908 2.751 586 3.337 6.430 746 7,176 Properties 14.361 7,965 22.326 60.119 8.423 68.543 Plantation 2,402 2.402 4,092 4.0*2 294 294 405 405 12.319 5,349 17,668 8.007 3.794
        1,695 words
      • 5176 25 Gr Gr M Wt 1997 Lot Vol Day Last Ouott Dtv Olv YM Net Cap Avg High Low StNo Company Sato COOP) High Low Buyor Sitae H C'vr H Ht Smll Prke INDUSTRIALS 157 102 e 1020 ACE Dynamtcs60c 103 -3 275 108 102 102 K)3 -kj.4 84.4
        5,176 words
      • 1195 25 G1 Gr M wt 1997 Last Vet Day Lest Ouote 0(v Oi« YM Net Cap Av^ High Low StNo Company Sal. (OOP) High Low Buyor Seller Cvr P/E inlMn SESOAQ 186 76 a 2000 ABRHWgsSc 130 -8 1108 136 128 129 131 3.0 6.0 0.1 185.7 57.8 (40 342
        1,195 words
      • Article, Illustration
        66 26  -  by! Shiv Taneja OSPREY MARITIME fell four cents yesterday to SI. 76 on a volume of 1.5 million shares, compared with its 10-day traded average of 506,100 units. Although the stock is trading near the bottom of its six-month trading band, there is more downside in the days
        66 words
      • 227 26 Stocks Volume Amara Hldqs Ltd 22,198,000 Hotung Inv NT5 12,481,000 HK Land UStOc 8,777,000 SingTel 15c 6,864,000 HKL RFWt*****3 6.110,000 Keppel Corp 4,827,000 Asia Food&Prop 4,704,000 DBS Foreign 4,306,000 UOB Foreign 3,667,000 OUB Foreign 3,594,000 Stocks DBS Foreign 71,360,714 UOB Foreiqn 46,961.895 SIA Foreign 36,777,357 OCBC Foreign 35,346,595 SPH Foreiqn
        227 words
      • 694 26  -  STOCK MARKET COMMENTARY However, the momentum for the downward spiral on the STII comes from the sale of Local shares of dual-tranche blue chips By Ven Sreenivasan [SINGAPORE] As expected, Singapore stocks fell yesterday in tandem with other regional stock markets
        694 words
      • ON THE GRAPEVINE
        • 127 26 HONGKONG Financial Secretary Donald Tsang's decision to lend US$l billion (551.52 billion) to help Thailand out of its current economic crisis has not gone down well with legislators. They were unhappy that they were not consulted beforehand and also questioned if Mr Tsang had abused his powers
          127 words
        • 153 26 THE LAST GOVERNOR, a book by journalist Jonathan Dimbleby about former Governor Chris Patten's term in Hongkong, is enjoying good sales. When writing it, Mr Dimbleby was given valuable insights into the tortuous negotiations between China and Britain over Hongkong's future. It helps when you are
          153 words
        • 116 26 THE New Changi Hospital deserves an award for making its annual report different from the usual boring and straight forward style of most other reports. Colourful and breezy with a scrap book layout. New Changi Hospital's report captured some of the special moments in its brief
          116 words
        • 99 26 REGULAR customers of an international fast-food restaurant at Coleman Street have gone through exasperating moments during crowded lunch hours between 12.30pm and 2.30pm. Often, when they try to use the restrooms during this period, they find them closed for cleaning. Many suspect that the restaurant deliberately prevents the
          99 words
  • Page 17 Advertisements
    • 180 17 0* w j' fi H *r: 'h* t i -i ..a I .-v.*- r -jf 'v* v 1 -f's 1 IS > .-M frj V•' j 4--" 4 v* i-• '"v 1 *7 -7'' |7 ,r .it Thorough study of your requirements. Because we understand that every company's needs differ,
      180 words

  • Page 18 Advertisements
    • 283 18 The Export Institute of Singapore, a division of Trade Development Board, offers you solution on how to minimize your business risks via the following three courses: financing. The programme will provide indepth discussion 1. EFFECTIVE OVERSEAS PROJECT EVALUATION and analysis of critical project financing agreements. At this three-day workshop, participants
      283 words

  • Page 19 Advertisements
    • 58 19 Tung Centre 1,566 sf Parkway Parade 1,592.48 sf/3184.96 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,776 sf/7,739 sf/13,982 sf 172/174 Paya Lebar Road Short term lease 15,435.58 sf/14,477.58 sf First Capital Property "■i Management Pte Ltd sss., sr (A member of Firit Capital Corporation Group) Tel: 437 6817/437 6853/534
      58 words
    • 109 19 Spend Ss9so on Business Class to Bangkok and choose a Thai course to-dine on SfSS or tee off. "H From 15 Jul to 14 Sep '97, Business Class passengers who take up our Thai Royal Executive Class package to Bangkok can choose their own special treat to receive a SSISO
      109 words

  • Page 20 Advertisements
    • 98 20 fcrj PRIME OFFICE SPACE FOR LEASE CONSIDER LOCATING YOUR OFFICE J AMONG OTHER PRESTIGIOUS TENANTS. Situated just outside the restricted zone Close proximity to the MRT Station, CBD, shopping hub and other conveniences Ample car parking Shuttle bus service from City Hall MRT Station Intelligent telecommunications and building management systems
      98 words


  • Page 22 Advertisements
    • 114 22 ♦The Hongkong, Taiwan and China stock markets were closed yesterday. PHI Eta* "11? air TRADING ROOM FURNITURE JMKafeJ flkKil Hi Hi m 5 Our dealing and broking workstations are BRMBBw fcaJfll designed and manufactured in the UK by DAS fli if i|B J I if |L- -Jl f feHH HI
      114 words




  • Page 26 Advertisements
    • 435 26 BUSINESS Notices To advertise call toll-free 1800-741 1883 In the Matter of THE COMPANIES ACT, CAP. 50 And In the matter of JAZZIE (S) PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company
      435 words
    • 334 26 IN THE MATTER OF THE LAND TITLES (STRATA) ACT CHAPTER 158 AND M THE MATTER Of THE MANAGEMENT CORPORATION STRATA TITLE PLAN NO. 802 (IN LIQUIDATION) UANGJI MANSION Notice is hereby given that at an Extraordinary General Meeting of this Management Corporation duly convened and held at 5 Harper Road
      334 words
    • 277 26 Quickstock .4 24-hr service which provides you real-lime stock info and a Portfolio Manager to help keep track of your stocks! Portfolio Manager 0 Token the trouble to monitor your \tiK'k I I wish to subscnbc to QiiickSt(K'k.% Portfolio MJMfCf performance. (Pleas* rick (he appropriate boxes) Cimputes the latest I
      277 words
    • 70 26 WILL ENGINEERING PRIVATE LIMITED (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (2) of the Companies Act. Cap 50 that the Final Meeting of Members of the abovenamed Company will be held at 5. Verdun Road #02-01 Singapore *****4. on 18 Sept 1997 at 11.00 a.m. for
      70 words
    • 898 26 Buy It. Sell It. Find It. Classified. yff Call Today For Results Tomorroiv. 1800-*****66 H KOREA'S LEADING BANK KORER EXCHRNEE BRNK H (INCORPORATED IN THE REPUBLIC OF KOREA) M 31 December 1996 H Balance Sheets/Banking Accounts Statements of Income/Banking Accounts M Won (millions) Won (millions) M ItM 1995 1996 1995
      898 words

  • SHIPPING TIMES
    • 301 27 Bridge News, Renter REPORTS continued to surface of modern Panamaxes booked in at firmer levels in the east, with brokers noting that conditions will tighten for the first half of September with a lack of modern vessels available. Europe's partial holiday saw futures very quiet with values underpinned,
      Bridge News,; Renter  -  301 words
    • 290 27 trt i "Hfl 5n w T Distribution 111 -0.01 5 CfluanHup 0.93 -0.01 1172 Cosco Invastm »rt 1.15 unch 37 FraWitLWis 0.41 -O.OOS 188 08 Mowings 0.71 -0.005 30 Mil Sun Hup 0.96 0035 317 WlKNZmfi 0.675 *0.005 11 JayaHoMn«s _L_!!oJS unch 12 Jvong SNpyard 6.7 -0.1 312
      290 words
    • 519 27 Ships must have valid certs if they want to enter US waters after July 1,1998 [WASHINGTON] The US has warned the world's shipowners and operators that it will crack down hard on any vessels that try to enter the country's waters after July
      519 words
    • 65 27 [HONGKONG] Smoke rising from a Panamanian-registered cargo vessel sailing from Hongkong to Vietnam after it caught fire off Hongkong. Hongkong rescue helicopters picked up 13 Myanmese crewmen from the 5,300-tonne ship. Theremaining llcrew, along with the master, were picked up by a nearby vessel.
      REUTER  -  65 words
    • 454 27  -  HE firm against rebidding for development of container terminal From, Alec Almazan in Manila HONGKONG-BASED Hutchison Port Holdings has filed a court case against the Subic Bay Metropolitan Authority (SBMA) to compel the agency to award it the contract for the development and
      454 words
    • 249 27  -  By Marcus Hand [SINGAPORE) The Chittagong Feeder Trade Committee (CFTC) has slapped a surcharge of US$l5O (*****) per laden TEU (20-ft equivalent units) on all import and export containers to and from Chittagong Port effective from last Saturday. CFTC said that the
      249 words
    • 219 27 Reuter [SANTIAGO] Five of Chile's largest ports remained closed as severe storms caused flash floods and mudslides in the country's central region, the Chilean Office of National Emergencies (ONEMI) said. The ports of Valparaiso, San Antonio, Quinteros, Talcahuano and Lirquen were closed late on Saturday
      Reuter  -  219 words
    • 223 27 AFP [LONDON) The Royal Navy has received 21 offers from people interested in acquiring the Britannia and has shortlisted six of them, The Financial Times reported yesterday, fuelling speculation about the future of the ageing royal yacht. The Navy has always favoured decommissioning the Britannia
      AFP  -  223 words
    • 1202 28 ENHANCED GROUND PROXIMITY WARNING SYSTEMS A new system that could have prevented air crashes like the one in Guam may be made compulsory by the FAA NYT Anew kind of altitude warn ing system that might have saved the Korean Air Lines jumbo jet
      NYT  -  1,202 words
    • 264 28 PAGE Eurohans 6 ACL 11 Ewgreen 6 A NL 3 Famous 7 Accord 12 FL-Bright 6 Appenship 5 FoongSun 12 Astro 3 CUnfc 4 Austral 11 m trans 13 luant 6 C«KhM tl 8 GlobHink 7 BatammOo 7 4 B'tang Mas 12 T
      264 words
    • 16208 34 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyaq e Telephone SIN Dest n Name Name Number Number SIN Dest'n Name Name Number Number 21/08 23/09 Haniin PUSAN SENATOR 002E *5-32*0224 To BREMERHAVEN(BRV)2057 To ABIDJAN (ABJ) 2003 Germany Ivory Coast, Cote D'lvoire D 7
      16,208 words
    • SHIPS IN PORT
      • 668 41 Vessel Voy No Berth Arrival Departure Baton Indali H373 Jw H J)0 ngside 19.08/2300 Bt Dimas Jay *****7 J01 alongside 18.08/2300 Bt Mulia 169 SAug97 J01 alongside 18.08/1600 Bt Mus Ti Ka Aug18 J01 alongside 18.08/1700 Bt R8 3528 0797 J01 alongside 18 08/1500 Bt Setia Aba *****7
        668 words
      • 1821 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Manet Rstls Ship Voy Ho Etb/Btr Period From To From fciUmtfar 0271 IMJM 1* N/1500 N/l*59 N/1900 MMm CM 20/0400 i WM MM MM~ n/noo n/*59 wnoo 2* N/1700 IS/0451 TV WOO 21 «/i7oo 19/0*59 19/0900 3 11/0700 19/1159 19/1400
        1,821 words
      • 188 41 Aug 19 Philippines: Quezon Day Aug 25 Hong Kong: Liberation Day. Philippines: National Heroes' Day. United Kingdom Summer Holiday. Aug 31 Malaysia: National Day. Sept 1 Canada: Labour Day. United States: Labour Day Sept IS Japan: Respect for the Aged Day. Sept 16 Hong Kong: Chinese Mid Autumn
        188 words
      • 872 41 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehen sive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        872 words
      • 493 41 Carton 180 Mai 992 9 0.9 15.4 0.07 75 0.07 Aa M Density Water trait* As* AJunrtilwa Sediaent No tbo*t 125 2 0 1 0 0 0 MO Aw 986 4 OJ 12.7 0.06 J4 0.02 C UM 380 MM 9914 0.9 17.7 0.12 83 0.09
        493 words
    • AIR & LAND TRANSPORT NEWS
      • 574 42  -  Global tenders for projects worth USs4.Bb likely to be offered before year-end From Rajendra Bajpai or! Arm'/Jp/Zw INDIA, keen to improve its creaking infrastructure, is throwing open many of its national highways and smaller roads to foreign investors on a build-operate-transfer (BOT) basis. Also
        574 words
      • 323 42 1996 accident in Fukuoka resulted from pilot's error [TOKYO] The Transportation Ministry will ask Indonesian aviation authorities to instruct Garuda Indonesia to review its training programmes for pilots and crew members, officials said. According to a report from the Asahi news service, ministry officials concluded
        323 words
      • 50 42 [DHAKA] Volkswagen cars, mostly modelled decades ago, staging a first ever rally in the Bangladeshi capital. Volkswagen Club of Bangladesh, a recently floated association of VW car owners, said it had organised the rally basically to remind people of a once-legendary but now forgotten bug-shaped German car. REUTER
        REUTER  -  50 words
      • 302 42 Report expected to be critical of ValnJet and Sabre Tech Corp Reuter [WASHINGTON] A final report on the crash of a ValuJet plane that killed 110 people last year will be considered by the National Transportation Safety Board (NTSB) today,
        Reuter  -  302 words
      • 102 42 AFP [TOKYO] Trains were packed and highways jammed in Japan on Sunday as people returned to Tokyo after their short mid-summer holidays. Some Shinkansen bullet trains were carrying double their usual capacity of passengers and platforms at the Tokyo station were as crowded
        AFP  -  102 words
      • 445 42 It will make new luxury car here and double exports from Australia AFP (MELBOURNE) Japan s giant Toyota Motor announced plans yesterday for massive new investment in auto production here, a new locallymade V 6 luxury car and a doubling of exports from Australia. The
        AFP  -  445 words
      • 186 42 AFP [SEOUL] South Korea's ailing car maker, Kia Group, on Monday became the country's first car manufacturer in China as it opened a joint venture plant in Yancheng, Kia officials said. The joint venture plant between Kia and China's Yeufa Motors will produce
        AFP  -  186 words
      • 378 42  -  FYom Loh Hui Yin in Hongkong DRAGONAIR, Hongkong's regional carrier, is on a rapid expansion programme which will see its fleet more than double in four years. "If all of our options with the International Lease Finance Corporation and
        378 words
      • 1812 42 city man cu fuon nt Adelaide Of81 1930 Of82 2055 W96T_mO 1 S0229 2220 Guanqzhou PtC MU5107 Amsterdam S0327 0805 GA892 0030 C2354 0925 GA897 1045 KL844 0040 SOUH HQS S0004 IMP KL837 1455 KL838 2300 Hanoi VN745 1300 VN744 1400 DL26 2355 DW74I 13W WTC40
        1,812 words
  • Page 27 Advertisements
    • 19 27 Warning safety device may be a must A new system may be made compulsory by the FAA. Page 2
      19 words
    • 320 27 India invites foreign investment in highways Global tenders for projects worth USs4.Bb may be offered before year-end. Back Page Mitsui OSK has appointed Kazuichi Okai managing director of its Singapore branch. He succeeds Y Miyaji who has Japan for a new assignment. General Accident Insurance's Clarice —21 «T Yee has
      320 words

  • Page 28 Advertisements
    • 815 28 FPIgNfflT »1 b i<aMHgai|fffiffl QULf/INDIAN SUB-CONTINENT SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) II J QULF KARACHI EXPRESS (QKX) VtSSU VOT OAR VAN SU U SM VBSft VOT *A DMN MM |KM CO SM~~ NOi XllfeY S9WS3O 20/07 30/07 31/07 04/01 21/00 OAJIUKAN MY 16E 01/00 03/00 04/00 00/00 14/00
      815 words
    • 725 28 Lines services represented /jUO9uV by Members of the Registry of V Accredrtad Shipping Agents, S'pore National Shipping Assoc /JBBk Members ot the Singapore Freight Forwarders Association If EXPORT 3 *opon 2 Hongkong 1 Mon4o •1 Koo*h»ong Keeiung Accepting FCI to BKK NAHA SENOAI CEBU LCH VHR VOT POO. WN MT
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  • Page 29 Advertisements
    • 1168 29 I PACIFIC SOUTH WEST EXPRESS (DIRECT) ALSO ACCEPTING MAHAUS VIA LAX/HOU vgsa voYPKiswroawtTDiAx not mm gg ntc mi hou won APICHNA 0201 )»/W 20/06 21/06 05/09 09/09 19/09 10/09 11/09 11/09 10/09 10/09 12/09 APISNGtfOK o'6f 25/06 27/06 28/06 12/09 16/09 17/09 17/09 18/09 11/09 17/09 17/09 19/09 Aft JAM*
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    • 2202 29 HANJIN SHIPPING USA CANADA* UNHwa/voY iam m pox nw tor <h on jB w* twi mcm oos myc ore "yvr mrz rm yyc nc WBOMO SBIABNOOg 2Q/QQ 11/00 _11/09 13/09 12/09 14/W 14/W 14/W 13/W 14/W 17/W 14/00 ~14/W U/W 17/W U/W~ 17/09 17/W U/W 15/W PUSAM SBUTOR 00g 17/00
      2,202 words
    • 103 29 AI?T ORIENT EXPRESS UNES (U.K.) LIMITED Ogli. (MANAGER FOR SHREYAS SHIPPING LIMITED) J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE WSSEI VOY SINGAPORE IQMiAY VESSEL VQY BOMBAY SINGAPORE NORDKAP 415 415 23/08 31/08 NORDKAP 414 13/08 22/08 XJTHA PARICHART 006 25/08 03/09 JUTHA PARICHART 005 16/08 25/08 QQCL ADMIRAL 005 01/09 08/09 OOCL
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  • Page 30 Advertisements
    • 1838 30 <CC DSR-SEMA TOR ill Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT VtSSfl VOY tUT* HTM MIT MV H*M~ FU IHA Vttgl VOY LHA FU HTM WW HAM II wiMHSn win Fof im i»» choyang gumt eetj# ri7 an an jin na mm WASHINGTON SENATOR WfTJJ 27 OS 12
      1,838 words
    • 1184 30 I NORASIA I VESSEL VOY SIN OOA BCLVAL ALO ROT MX ANT FEL LMA I NOR HONGKONG 9732-3 22*6 0&09 07*9 16*9 17*9 13*9 18/09 11/09 12*9 10*9 NOHSHAAJAH 9733-3 2tM 12*9 14*9 23*9 24*9 20*9 2V09 18*9 19*9 17*9 MSC RAFAELA 9734-3 03*9 19*9 21*9 30*9 *1/19 27*9 02/10
      1,184 words
    • 534 30 LINE JSL Tits *****11 PAXi 3291*37 MUARA 1 LABUAN vtssa vot rn> n* vtssa vot itb ru SPOM MUM* SPOM LM i poosph vm/17 23/oe u/m j poosph vm/97 23/00 27/00 tfUGUMT V2ll/97 20/00 29/00 tfMGUXT V2II/97 20/00 30/01 JPtOSPH V2OI/97 01/09 04/09 JPSOSP® V2OI/97 01/09 OS/09 APMGIOtT V 222/97
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  • Page 31 Advertisements
    • 1498 31 VESSEL VOY SIN BKK PGU PKG PEN BIW SUR BA BIK IRAN VAHDAT PJL-1253 03/09 29/08 07/09 22/09 24/09 IRAN GHEYAMAT PJL-1248 31/07 07/08 02/08 18/08 16/08 IRAN MEELAD PJL-1238 30/06 15/07 11/07 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN, TURKMENISTAN,
      1,498 words
    • 1347 31 ACCEPTING CUM TO/FROM SHKKOiI t NUAN6PU WKEKIY DIRECT SJUIIM I" SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OfFICE: COSTAR SHIPPING PTE LTD •17-O«D«S»LOG SALES/BKGS *****41/43 INWARDDCPT(D/0) *****85 COSTAR AGENCIES (M) SDN BHD TOWER TWO (*****9) CONVtNTTONAI *****50/55 T/SHHOT DtW *****25 TIL: 02-07-35
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    • 376 31 (JJ- PDZ LINES SDN BHD A If U TONGJOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUCMINB-FASTtST TKAHSIT/\ f MUAKA-MOKITY BiltTN H0 CH MIMH-DIDICATED r AffU ***** 21/08 GIKIM 9761 21/ M ***** 24/ M I GIKIM 9741 21/01 GIG)
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  • Page 32 Advertisements
    • 1495 32 EUROPE/UK/SCANPINAVIA/FINLANO/WUSSIA SGP ROM ANW HBG THP ZEE IHV LMV THP ROM ANW HOG PHI SGP E REPUTE RW-010 23 tW 12/09 11/09 13/09 15/09 16/09 17/09 I. GIVEN RE-OS 9 26/07 29/07 21/07 30/07 31/17 2S/0I 26/06 E RACER RW-014 30 06 19/09 25/09 20/09 22/09 23/09 24/09 E GALLANT
      1,495 words
    • 1123 32 IX POUT IviSSil VOYAGI WMHMUUNMUHIWTUI VISS£I VOTAGI DUI JOA AIU DMN IAM U* I IuWMVII *****01W 71/00 31/00 31ZOO 01 /W 02/W 03/01 03/W MAW UNKtOWN 0444 0471 10/01 10/01 11/00 17/01 n/M 7S n I uNICOtON* 0470 04M 7*oo 07/W 07/W 00/W W/W I OA* wS WW McSSSt WWi
      1,123 words
    • 501 32 fsk NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel voy sin I rm I DU> KAWTAI PtIWCtSS 016S 25/01 13/09 10/09 lUWTAIQUEEW O?2S 31/01 08/09 13/09 17/W NANTAI DRAGON 001S 07/09 17/09 22/09 25/09 HAWTAI PItIWCE 017S 15/09 29/09 02/10 NANTAI VENUS 0225 24/09 02/10 04/10 10/10 NOBLE
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  • Page 33 Advertisements
    • 724 33 BSA jl mm MYANMA wBBk FIVE STAR LINE (Myaanor National line) Loading for Yangon (Rangoon) VISSII VOY SIN KG f« POI KONG U SW SU> CHM SMWI HAW 7W 20/01 MALAYSIA AGOITS: MUSTIAD SHIPfINC AGtMCUS KUL TU 02-03-2417)00 KL HI 02-03-*****01 PIN: TU 02-04-*****02 PGO: Til 02-07-*****21/4 BANK LINE (A
      724 words
    • 1224 33 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****32 IVBIB VOY I UN I ITE I ANT I NAB I 41 I Fll NY HIGHNESS 304W 17/04 03/09 04/09 05/09 04/09 04/09 #4/09 HYIAtON 304W 24/00 10/09 11/09 13/09 13/09 13/09 14/09 HY EMPfIOA JO7W 31/00 17/09 14/09
      1,224 words
    • 556 33 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) WEB PAGE ADORESS: www.famsin.com.sg E-MAIL ADDRESS: admin@famsll.com.s9 DAILY SAILING TO 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 CWT GLOBEUNK PTE LTD
      556 words


  • Page 35 Advertisements
    • 46 35 To retrieve more schedules, just follow these simple steps... Stance document 740-6000^T^^^ tep be faxed the port your Step^' Step key in the four number digit code Key in your Example: i 1 fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
      46 words


  • Page 37 Advertisements
    • 381 37 INDONESIA NATIONAL LINE TO EUROPE EXPRESS BEMI-COtiTAIMERiSED SERVICE ~WL VOT |mB |A OAM/R OAM M BURG IREMEN ANTWERP KUTAI 39W8 liO/l-Og/M 30/9 3/10 OMIT 7/10 TO AUSTRALIA ~~j FULL CONTAINER SERVICE va. voy "wTsSTTrai bwe I syp mel hw am. m KASUGAI V 01S 21« Z3M 31« M IM 11M
      381 words
    • 1232 37 ADVANCE CONTAINER LINES (PTE) LTD A II 140 Cecil Street. #12-00. PIL Building. Singapore *****0 Li TEL: *****21. FAX *****19, TELEX RS ***** ACLPL ————I CR NO. **********0E BANGKOK JAKARTA (5 Sailingv'Wiek to PAT 3 Sailing to DMT, 2 Sailings to LCH) (4 Sailings *W«ek i "T AUTH 9 RrT
      1,232 words
    • 889 37 |g^l|§g^H| VESSELS VOY "5?" JED PSO LEH HAM RTM THP ANR VILLE 06 SAGfTTA S2IW 19/06 29/06 31/06 09/09 10/09 12/09 13K» 14/09 VILLE DE NORMA N2IW 27/06 06/09 06/09 17/09 18/09 20/09 21/09 22/00 VILLE 06 GEMINA H2IW 31/06 10/09 12/09 21/09 22/09 24/09 25/09 26/09 VILLE D'ORKX Y2IW
      889 words
    • 37 37 /Cnorbuli^ IPr NORBULK CARGO SERVICES LTD I I REGULAR CONVENTIONAL I UMBER AND PLYWOOO SERV>CES NOKMUNnOO 10/0* 20/09 I NOMUUOAK 01/09 CCXOMK /RID SU PORT I ALSO LOADS SABAH/SARAWAK/INOO POSTS I^^^^^^^S^^/Eceptwgbsulkfor^^^^l NOMUUHAMR 05/09 HAVHONG/MAMU/ MNM I lliillip
      37 words

  • Page 38 Advertisements
    • 878 38 BANOKOK/LAEM CHABANO JAK A R T A/P ANJ A W O VESSEL VOY SIN ii<K LCH VESSEL VOY §iN JKT~~| PJN BANI BHUM 59N In Pt 23/08 22/08 DEJA BHUM 709S In Pt 22/08 21/08 XETHA BHUM 213N 20/08 24/08 EAGLE TIDE' 193 In Pt 23/06 MATHU BHUM" 344N 20/08
      878 words
    • 185 38 lbA-iIJJI.IMII.HJI SO TELOK BLANGAH ROAD *02-42 CITIPORT CENTRE S PORE 0409 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTINATION INABUKWA 26,-97 *****7 19,0897 PKL BALAM ILMAMUI 22/97 20,08.97 *****7 PONTIANAK IKAGURI 1797 22*1/97 22,08,97 JAKAHTAPONTIAMK INABUKWA 27/97 23/0&97 24,0897 MUNTOK IRIMAWA
      185 words
    • 713 38 PUL INTERNATIONAL UNE PU^NTERNATIONAL •i Maam I Wilnii VX (afa ®nr/*««»») d im+mttm m W* Nm owl nf l|nn MM Wn JAKARTA (UT( 1 5 SiGS/WK su LiGtwo m n/w ju- nm w xim ii SURAIAYA 2 SIGS/WK VSL |WT I I HI liT MtRKUR »AT us jm_M_ JHSL M
      713 words
    • 846 38 M ACCORD A SHIPPING PTE LTD TIL *****56 (40 Unmt) FAX *****46 KHTKIAHG (03) 3****** /g DIRECT ACCESS TEL *****57 (EXPORT BOOKING) MS/# GUDANG (07) 3SI 1377 225M57 (EXPORT DOC), *****64 (IMPORT) KMANG (04) 33J1441 URLHTTP://WWW.ACCORD.COM.SG itfttM (II) MO 0770 VAM POtT tlk SIN POIT ETA $IH POItT Itt SIM
      846 words

  • Page 39 Advertisements
    • 876 39 \mjk» MAC-NELS STORE M'SIA Carrier MN CONTR UNES, INC l~l\F/\~ J OR NOi **********06 SJBU: (064) ***** V MANILA: (632) *****61 PENANG: (04) *****6 BANGKOK: (662) *****57 SURABAYA (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 IX PKG TO HONGKONG IX PKG TO PtISAN/KiIIUNG MV "CY
      876 words
    • 154 39 ■muRAT KIRAN 20/06 MarVßdnVAtw/BmnAJK I' ■STORM WIND 30/08 NarVßdnVAtw/UK I ■OCEAN ISLAND 04/09 NaVßdm/Atw/UK I Loads E7W Malaysia mdone*a I IM luotAS Jeddah/Aqabal/Atgena 1 ■CLIPTER KAWA Dubai/Bahram/Damman/Kuwait I ■ESPERANZAC JeddatVAqaba/T npoli I ■TRADE BANNER Hodeidah/Jeddah/Aqaba/Egypt I loads Singapore, E-/W Malaysia. Indonesa I I Loading for ■OCEAN FRIEND Los Angetes/New OrteanOwtostorV
      154 words

  • Page 40 Advertisements
    • 386 40 Shipping Times -BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 Press" 1" key in Document Code Key in your fax
      386 words
    • 308 40 ***** 1® j^Mfcjjß SMI I ISfi P I Multi-storey warehouse: Tuas Avenue 13 10,000 square metres currently available (1,800 to 2,000 square metres per floor) Close to PIE/AYE/KJE Second Link to Malaysia High Ceiling Heavy Floor Loading Air-conditioned bonded warehouse facilities Record storage management services Total logistics service §6!H" ||ji
      308 words

  • Page 41 Miscellaneous
    • 144 41 Wtt TM 1 IZQt i [Regional Weath^l v jfjkfroj Y" sxmJ/O 6 IPS V IOOE LEGEND: R Thunderstorm Temperature y Shower Weather Wind direction with speed in knots Rom V Cloudy Sky Wove h «'9*» Surface winds ore indicated by arrows which fly with the wind W ne c c,e
      144 words