The Business Times, 22 August 1997

Microfilm: NL20889
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023^12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, AUGUST 22,1997
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  • Article
    MARKET SUMMARY
    10 1 hHHW' f 44i v S" t kj|M ftW
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  • Article
    FINANCE
    5 1 fflHitotiriM*.'** (Source: NatWest Bank)
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  • Article
    BG Lee heads panel reviewing finance sector
    1436 1  -  Committee to consider whether rules shook! be relaxed to make sector more vibrant Reports by Catherine Ong [SINGAPORE] The government has set up a committee chaired by Deputy Prime Minister Lee Hsien Loong to review Singapore's financial sector policies, including whether it should
    1,436 words
  • Article
    Govt will stick to its land sales policy, says Hng Kiang
    387 1  -  Developers likely to be disappointed, say market watchers By. Abdul Hadhi [SINGAPORE] The government will stick to its land sales policy, Minister for National Development Lim Hng Kiang indicated yesterday. He said the government as a land use planner
    387 words
  • Article, Illustration
    Lock icon BOT committed US$23.4b in swaps to defend baht
    449 1  -  Reserves wOl shrivel toUSs6Jbwhen contracts fiaU due From, Harish Mehta in Bangkok THE Bank of Thailand (BOT) disclosed for the first time yesterday that it had committed U5523.4 billion (Ss3s billion) in 12-month forward swap positions to defend the baht, which meant
    Source: Bloomberg  -  449 words
  • Article, Illustration
    Give Koh Beng Seng his due, Dr Hu tells critics
    442 1 MAS deputy MD has helped to give S'pore a very powerful image as sale haven, he says [SINGAPORE] Give Koh Beng Seng his due, Finance Minister Richard Hu told critics of the man reputed to be Singapore's most feared regulator.
    442 words
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      Page 1 Advertisements Column 1
      27 1 AMteymte Bakrie's Tsnri Abeng is a CEO with a Fortune 500 manager, he t» now •diking a balance between buttress and connections, md Kim GffiiA ■<••••••>«* »•.7• r*****4
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      41 1 In BT tomorrow: Exoerpta of interview wrlUiDrHn No oollipn ZM action needed: JLW chief, Pg 2 HDB to se// tenanted shops at lower prices, Pg 2 Thailand needs more than reshuffles, Editorial Pg 12 Charge ruplah speculators with subversion, Pg 6
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      Page 1 Advertisements Column 3
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  • SINGAPORE AT HOME & ABROAD
    • Article
      HDB to sell tenanted shops at lower prices
      346 2  -  Leases will be cnt to 30 years to make units more affordable By Abdul Hadhi [SINGAPORE] The HDB will sell rental shops to sitting tenants on leases cut back to 30 years from now on to make them more affordable, National Development
      346 words
    • Article
      PIL gets tax perks for going overseas
      208 2  -  Teh Hooi Ling PACIFIC International Lines (PIL) yesterday become the first local enterprise in the logistics and distribution industry to receive the Overseas Enterprise Incentive (OEI). PIL received its award from the Economic Development Board. Since its launch in 1996, the OEI awards
      208 words
    • Article
      Japan giants among pre-qualifiers for MRT tunnel tender
      399 2  -  By David Boey JAPANESE construction heavyweights feature prominently among eight firms and five consortia shortlisted for a tender to build the Mass Rapid Transit train tunnels between Somapah and Changi Airport. The Land Transport Authority (LTA) plans to issue the tender on
      399 words
    • Article
      No collapse but action needed: JLW chief
      549 2  -  THE STATE OF THE PROPERTY MARKET Christopher M G Brown Chairman, Jones Lang Wootton Property Consultants THERE has been considerable debate of late over the current and likely future state of the Singapore property market I would like to express some views from
      549 words
    • Article, Illustration
      Lock icon Rising labour costs main culprit?
      311 2  -  EYE on the economy Exports By. Audrey Tan THE main culprit behind Singapore's recent export woes is rising unit labour costs and the solution is higher labour productivity, says JP Morgan in its latest Economic Research note. Economist Ong Sin Beng says regression analysis shows
      Source: JP Morgan  -  311 words
    • NEWS Roundup
      • Article
        ERA July sales up despite weak market
        46 3 DESPITE the weak housing market agent* ERA Realty sold 1275 million worth of property last month —38 per cent more than in the same month last year. Sales were also 20 per cent above June's turnover of $229 million.
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      • Article
        NTU holding exec programme next week
        65 3 THE Nanyang Technological University Is holding Its second Stanford-Nanyang Executive Programme on international construction management at the Orchid Country Club from Aug 25-29. The programme will be opened by the Senior Minister of State for Education, Peter Chen, and will cover topics like the
        65 words
    • Article
      Keppel Bank ups rate for exec condos
      390 3  -  Interest rate's now comparable to non-EC loan package UOB to follow suit, DBS moiling increase By\ Siow Li Sen, Clarissa Tan KEPPEL Bank has revised upwards the interest rate for its fixed-rate mortgage package for executive condominiums (EC) and United Overseas Bank (UOB)
      390 words
    • Article, Illustration
      Lock icon KL yarn maker to invest in Suzhou plant
      343 3  -  ffy Audrey Tan MALAYSIAN yarn and textile maker Ramatex Bhd will invest US$BB million (Ssl32 million) in a plant in the Singapore Suzhou Industrial Park. The Kuala Lumpur-listed company yesterday signed an US$BO million debt issue in Singapore to help finance the
      ENRIQUE SORIANO/ST  -  343 words
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      306 2 Announcing: Enrollment for 1997 fall Semester for university students living in Singapore.* jKs OFS College with California State University, ff\r Dominguez Hills, California, USA v r r r v 'Make for OFS College prorates the first two years of a California State University ooDege J J J degree program for
      306 words
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      Page 2 Advertisements Column 2
      225 2 Order our CD ROM on Beijing the first of our new Series of Business Guides to China and get all these: Information on the trade or industry you are about <*> to embark in and the network of resources available. City maps and locations of important government and commercial institutions
      225 words
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      42 3 Banki emntgrow in culture of control, Pg 12 W" t> A proven expertise in commercial and industrial air-conditioning, ventilation, mechanical and electrical Hilaclii Plant systems. ioAn*»R«d #12-14 btHMtional Plaza S pore *****3 Tfel: 222 0663 Fax: 224 8338 Baul: hpcsgr#cyberwayxoaLSg Inp; //www.hitachiplant.hbi.ne.jp
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      21 3 »j I I •-M v.. vV">. I I > 1 .jjji J S A«. CHANEL rM f=jU| f f *> f t~* i
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  • FOCUS: ADVERTISING & MARKETING
    • Article, Illustration
      New ad, info media begins Sept
      429 4  -  Local company Satlink will be putting up at least 35 digital posters still pictures broadcast with sound islandwide By 1 Toh Han Shih [SINGAPORE] LOCAL firm Satlink will begin a new advertising and information medium in Singapore next month. It will offer the first
      429 words
    • Article
      Untitled
      87 4 MEETING PLACE OotUm TWa VMM OrfMlnr A«f»»22 The Job o< the CMcf NMvaaaatf flavin hmttwli cimmhw NMH mSmmi ttfMM to«24-2* IHZMMran* MaMNnrlM ahllB OvMrttftaCaacrata Skfpn M7IM92t I Mm tow *H2W OnfcvtCno^MtoMAm StogaporaM KfF mil ttUMtN riilMiiOx **26-30 O—illniHllMHiii TrainHaW imrtyMaaUaMaa of ttta ComcI of Ml Tfcjapari c/o I Ma^pliiTiliali Sanfcaaft)
      87 words
    • Article
      Lock icon UK Internet ad revenues seen nearing £6m in '97
      548 4 Mere mainstream brands nsing Web ads besides IT firms Reuter [LONDON] TSMSi, a UK Internet advertising sales house, on Wednesday said it expects Internet advertising revenues for Britain to be near the top end of its earlier estimate of £4 million
      Reuter  -  548 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      170 4 From August 22 31, Chef Jorg Richter will be wreaking havoc I on the taste buds of even the most adventurous and well-travelled of diners with an impressive selection of Alsace cuisine often described as a combination °f German rustic heartiness and French subtlety. I y Treat yourselves to Smoked
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      Page 4 Advertisements Column 2
      82 4 uni' m MITSUBISHI PEMCfI. CO LTD JAPAN SP fSV g e T /!b( ilmf @iL ,WK jp Just click and write iJm Special twin-be* technology and unique spring-mounted Up water-baaed Comfortable, ergonomic grip l Wf vm-m S^Hhroughb^ fir/ OimmM mkootan.BaS.OM.fM Available at leading depeitment stores and alatonefy book atofea MITSUBISHI
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      Page 4 Advertisements Column 3
      29 4 IVIo 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS •MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA r > t v Tel: (65) *****82 Fax (65) *****91 OFFSHORE WITH CONFIDENCE
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  • SOUTH-EAST ASIA
    • Article
      Plan to dismantle Bulog's monopoly in key commodities
      572 5  -  JAKARTA Mm part of larger deregulation; Indofood's Bogasari Flour Mills unfazed By\ S N Vasuki INDONESIA plans to dismantle state-owned Bulog's monopoly over the import of key agricultural commodities including wheat, said a government minister. But the surprise move is unlikely to
      572 words
    • Article
      Lock icon Malaysia stops recruitment of foreign workers
      265 5 KUALA LUMPUR Reuter, AFP MALAYSIA has stopped recruiting all foreign workers with immediate effect to reduce its rising dependence on them. Deputy Home Minister Tajol Rosli Ghazali was quoted as saying by local newspaper! yesterday. "We have to do this because it seems that
      Reuter,; AFP  -  265 words
    • Article
      Lock icon Nava Finance to raise 7.8b baht for merger
      222 5 BANGKOK Bloomberg NAVA Finance and Securities plans to raise at least 7.75 billion baht (Ss3sB million) through a private share sale to a group of companies, led by Ch Karnchang, Thailand's second largest engineering firm. The sale will increase Nava's shares four-fold
      Bloomberg  -  222 words
    • Article, Illustration
      Lock icon Li Peng aims to strengthen ties during M'sia visit
      249 5 KUALA LUMPUR He's looking forward to in-depth of views with Dr M Reuter CHINESE Prime Minister Li Peng said yesterday he is seeking to enhance bilateral ties during his four-day visit to Malaysia. In a statement on his arrival here, Mr
      Reuter; AFP  -  249 words
    • Article
      Lock icon Charge rupiah speculators with subversion: minister
      327 6 JAKARTA Justice minister urges tough action against speculators in second such call by a top Indon official AFP, Reuter INDONESIAN Justice Minister Utoyo Usman said people who undermine the national economy by speculating on the rupiah should be charged with subversion, a report said
      AFP,; Reuter  -  327 words
    • Article
      Lock icon M$16b deficit forecast not accurate: Anwar
      339 6 KUALA LUMPUR Reuter MALAYSIAN Deputy Prime Minister Anwar Ibrahim yesterday said a forecast that Malaysia could post a current account deficit of about Msl6 billion (SsB.6 billion) in 1997 could be based on assumptions that are too negative. "The assumption is for ringgit to
      Reuter  -  339 words
    • Article, Illustration
      Lock icon Fire in EL building adds to haze
      72 6 [KUALA LUMPUR] A firefighter inspecting the burning top of an uncompleted 20-storey office building in the central business district here yesterday. Witnesses said Wisma PJD caught fire for almost an hour yesterday, worsening the haze that was already enveloping the city. Wisma PJD
      AFP  -  72 words
    • Article
      S&P downgrades rating outlook for 3 Indon banks
      344 6  -  JAKARTA By I S N Vasuki STANDARD Poor's (S&P) yesterday downgraded its rating outlook for three big Indonesian banks from stable to negative, saying that economic slowdown is likely to cause deterioration in the asset books of fast growing banks. S&P said
      344 words
    • Article
      Lock icon Viet dong must be devalued: economists
      274 6 HANOI Bloomberg VIETNAM must devalue its currency, the dong, to keep growth and exports from sinking now that South-east Asia has become a region of freely floating currencies, econp mists warn. While currencies across South-east Asia have tumbled, the dong, which isn't freely convertible,
      Bloomberg  -  274 words
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      Page 5 Advertisements Column 1
      37 5 Saaqpoerna'a Indofood deal gets the nod, Pg 17 Congratulations ifilH© hi-fi 10 ~^W We are proud to recognize Atlas Hi-Fi Pte. Ltd., Singapore as our best retailer worldwide. Your professionalism, product Dr. Amar G. Bose Chairman _*?asstr
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      Page 6 Advertisements Column 1
      390 6 I Trading Companies: Are you still keeping stocks on spreadsheets, and doing accounts separately? rrrrl I We know that it is difficult to operate your business without knowing the latest I"r a T stock position, the last buying price and the last selling price. Naturally, these must be kept on-line,
      390 words
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      Page 6 Advertisements Column 2
      27 6 S&P re-rating hits May bank and AMMB, Pg 19 Philips' new I meeting manager. The DCN I Discussion System. 5 PHILIPS I LeJlk mh ys betfef I
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Lien Chan vacates post of premier cheerfully
      688 7  -  TAIPEI Economic czar who succeeds Lien tasked with realising govt goal of market opening By: Bruce Cheesman VICE-PRESIDENT Lien Chan yesterday vacated the hot seat of premier to make way for his anointed successor, government economic czar and top Kuomintang legislator Vincent Siew.
      FILE PHOTO  -  688 words
    • Article, Illustration
      Lock icon Pet or threat?
      89 7 [IfONGKONG] A bird lover, surrounded by hundreds of caged birds, choosing his pet at the "Bird Market "in the Kowloon ft&insula's Mongkok shopping district yesterday. The death of a three-year-old boy in May, from a type offlu usually confined to bttds and poultry, has sparked worries that
      AFP  -  89 words
    • SINO Briefs
      • Article
        Lock icon China bans unorthodox performances
        69 7 Reuter [BEIJING] China yesterday unveiled a set of regulations as part of an intensified campaign against unorthodox music and drama, banning sex and superstition at profit-making The regulations, approved by the State or cabinet, on Aug 1, call for a fine of up to 10,000 ?Vuan
        Reuter  -  69 words
      • Article
        Lock icon HK police authorised to search PLA
        85 7 Reuter [HONGKONG] Hongkong police and customs agents would have the power to search members of China's People's Liberation Army if they failed to produce documentation to prove they are on official duty, the government said yesterday. "If the law enforcement officials have reasons to
        Reuter  -  85 words
      • Article
        Lock icon HK party to run for parliament
        99 7 Reuter JHONGKONG] Hongkong's popular Democratic Party, jpusted when China took the colony back from Britain last 2nonth, is likely to run for seats in Beijing's rubber-stamp parliament, the party's vice-chairman Yeung Sum said yesterday. The bid would be a litmus test of China's tolerance
        Reuter  -  99 words
      • Article
        Lock icon China state exports up 25%
        84 7 AFP |[BEIJING] China's state sector enjoyed a 25.2 per cent fyear-on-year rise in exports to U5546.67 billion (5568.3 tbillion) in the six months to June, the China Daily reported bresterday. "The export hikes registered now take the low "figures of the first half of last
        AFP  -  84 words
    • Article
      Lock icon Return to China has not hurt HK life insurance business
      281 7 HONGKONG But industry officials say OK still lags behind S'pore, M'sia AFP HONGKONG'S life insurance industry is set to expand following the July 1 handover of the territory to China but the sector still lags behind Singapore and Malaysia in
      AFP  -  281 words
    • Article, Illustration
      Lock icon HK bourse sizzling with record HK$41.1b turnover
      281 7  -  HONGKONG Property stocks lead Hang Seng's 1.3% fall ahead of US jobs data By i Quak Hiang Whai INVESTORS continued to storm the Hongkong bourse yesterday, with turnover hitting yet another all-time high of HK541.13 billion (517.95 billion), surpassing the record HK536.14 billion
      Source: Stock Exchange of HK  -  281 words
    • Article
      China to lift curbs on port investments?
      365 7  -  SINGAPORE By) Lu Ning CHINA has decided to allow foreigners to invest in and operate Chinese ports without a Chinese partner on an experimental basis, according to a report. The decision will encourage foreign investors to construct and operate specialised ports and berths
      365 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      49 7 j Q a y B /1 ilplgg^jol I i II Available at BOSS Shops at Ngee Ann City and Suntec City, and at all authorised retailers Exclusive Distributor: BMI Re Ltd Tel: 737 3786 Service Centre Showroom: BMI 6B Orange Grove Road Tel: 737 3566 f i BENJAMIN GROUP
      49 words
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  • ASIA
    • Article
      Lock icon S Korea slowdown seen continuing into first half or'98
      338 8 SEOUL Economy window (ktbjWyii lowest in four years, says think-tank Bloomberg AFP SOUTH Korea's two-year economic slowdown will continue until the first half of 1996 because of slack investment and consumption, the Korea Institute of Finance said yesterday. The think-tank's projection
      Bloomberg; AFP  -  338 words
    • Article
      Lock icon Indian bank head to be arrested over S'pore loan
      134 8 MADRAS AFP AN Indian court on Wednesday ordered the arrest of the chairman of a state-owned bank for handing out a large loan to a Singapore-based shipping corporation seven years ago. The Central Bureau of Investigation (CBI) was told to arrest
      AFP  -  134 words
    • Article
      Lock icon Daiwa paid US$1.7m to sokaiya, says report
      207 8 TOKYO Bloomberg DAIWA Securities, Japan's second largest brokerage, paid US$l.7 million (552.5 million) to the same racketeer who extorted millions from other large financial companies such as Nomura, the Nihon Keizai newspaper reported. A Daiwa spokesman refused to comment. The Tokyo Prosecutors' Office
      Bloomberg  -  207 words
    • Article
      India's Tata group to set up electoral trust fund
      481 9  -  BOMBAY First attempt by business group to legitimise political funding W Vivek Y Kelkar INDIA's largest business group, the Tatas, made the first formal attempt to legitimise corporate funding of political parties in India when it announced on Wednesday that it
      481 words
    • Article
      Lock icon Japan's recovery still sluggish
      298 9 TOKYO tHffnskn index at 35, below boom-bast line for Oth straight month Bloomberg JAPAN'S diffusion index for June shows that a sluggish recovery in consumer spending and capital investment following higher taxes will continue into the fourth quarter, the "Economic Planning Agency (EPA) said. The leading
      Bloomberg  -  298 words
    • Article, Illustration
      Lock icon Hike fuels protest
      68 9 [DHAKA] Vehicles queueing at a filling station here on Wednesday, a day after the government enforced an increase in fUel prices by up to 60 per cent. The move invited sharp criticism from the opposition and sporadic protest violence in different Bangladesh districts. The main opposition Bangladesh
      AFP  -  68 words
    • Article
      Lock icon Two Japan Internet providers set to offer international phone services
      311 9 MTOKYO Govt could amfttmice markot deregulation as early as today Reuter JAPANESE phone users are seen benefiting from deregulation of the nation's telecoms market as Internet providers get the go-ahead to offer international call services at low rates via the
      Reuter  -  311 words
    • Article
      Lock icon Japan's Finance Ministry won't be dismantled
      222 9 Bloomberg [TOKYO] Japan's Finance Ministry, which has drawn fire for everything from the scandals and bad loans plaguing the financial industry to the way it manny the economy, won't be dismantled. A panel headed by Prime Minister Ryutaro Hashimoto decided to refect calls to
      Bloomberg  -  222 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      976 8 &VS GOLDEN HOPE PLANTATIONS BERHAD r T T (Incorporated in Malaysia) I J (Company No. *****-U) Golden Hope Directors: Registered Office: Tun ismail bin Mohamed AH (Chairman) Abdul Rahman bin Ramli 13,n Ptoof Zain Azahari bin Zainai Abtdin Menara PNB Mohammad bin Abdullah Howe Yoon Chong 201-A, JalanTun Razak Or.
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      Page 8 Advertisements Column 2
      176 8 Where to wine, dine and entertain CELEBRATING d YEARS OF A SECRET RECIPE I I t i The infamous Long Jiang Mooncakes turn this year! To celebrate this auspicious occasion, Long Jiang Sichuan Restaurant presents the delicious mooncakes in custom-designed collectible tin boxes and paper bags. There is a choice
      176 words
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      109 9 Mmr il» g -fy SJieer CPrestiqe n n it. .3 B 3-minute drive from the CBD and Orchard Road and 5 minutes from the CTE and ECP No area licence needed Impressive office entrance lobby finished in luxurious granite and marble Generous carparking with 1,100 lots Next door to retail
      109 words
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      Page 9 Advertisements Column 2
      138 9 I Be among the privileged 100 I 1 to own this limited edition I Jubilee Watch by Patek Philippe. I Cortina Watch Centre celebrates its 25th anniversary with the specially- 8 commissioned Jubilee watch by Patek Philippe, limited to only 100 pieces. The ref. 5057 is painstakingly handcrafted by the
      138 words
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  • THE WORLD
    • Article
      Lock icon UK govt plans to curb rise in traffic
      456 10 LONDON Deputy PM sparks transport debate with plans to urge use of buses, trains Reuter DEPUTY Prime Minister John Prescott ignited the debate on how to break Britain's transport gridlock yesterday with draft proposals to drive motorists out of their cars and
      Reuter  -  456 words
    • Article, Illustration
      Lock icon Ad with Havel's head may get the boot
      88 10 [PRAGUE] A billboard advertising the Raveli boot company with a photograph ofa bust of Czech President Vaclav Havel catches the eye of a gardener passing by on a lawnmower on Wednesday. The Czech Advertising Council (RPR) has objected to the advertisement, saying
      REUTER  -  88 words
    • Article
      Lock icon US firms win tax breaks with donations, says group
      358 10 WASHINGTON Bloomberg BIG companies that gave millions of dollars to lawmakers' campaigns won tax breaks worth US$l57 billion <***** billion) over the next decade in the budget and tax bills recently passed by Congress and signed by the president, a consumer
      Bloomberg  -  358 words
    • Article
      Lock icon US experimental CPI matches govt gauge
      400 10 WASHINGTON Bloomberg THE US experimental consumer price index showed prices in July rose at the same pace as indicated by the government's main inflation gauge one more sign inflation remains tame. The new index increased 0.1 per cent from a month earlier, according to
      Bloomberg  -  400 words
    • Article
      China-hashers seek to curb Clinton's ability to improve Sino-US ties
      578 10  -  WASHINGTON Anti-detente forces in Congress to focns on Donorg&te, new bills to restrict trade By Leon Hadar AS US President Bill Clinton pursues his engagement policy with China, including the possibility of bringing Beijing into the World Trade Organisation (WTO),
      578 words
    • Article
      Lock icon Bundesbank leaves two key rates unchanged
      447 11 FRANKFURT German central bank changes repo timing in bid to halt mark's slide against US$ Bloomberg THE Bundesbank left two of its key lending rates unchanged while leaving the terms of its target money market rate open, signalling a shift in policy aimed at
      Bloomberg  -  447 words
    • Article, Illustration
      Following the fall of the Wall
      766 11  -  BUIOTBAXTIBW Once landed E German leader's In the dock over Berlin Wall deaths By Kelvin Sullivan EGON Krenz believes the East German state, which he ran for a short period before it collapsed in 1989, was not such a bad place. Having survived a
      766 words
    • Article
      Lock icon CBI lowers UK growth forecast to 2.5%
      205 11 LONDON Reuter BRITISH economic growth will remain above trend during the rest of 1997 but wiU ease back next year, although base lending rates will remain at 7 per cent until the end of 1998, Britain's leading business lobby said yesterday. The Confederation
      Reuter  -  205 words
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      358 10 kfrv, ,y f. defined, in H mm* imi ig H £g H O^ HHMH^MBIMHMMMM jf3t„JL_jA> s S 1 X.JLJkiL-fit.JSL«- i»<—■ w.i—i. »i mi iini v Cabin trolley In exquisite metmlllc Sfihrmr with auto lock, pull-up handle and two revolving metallic castors T\ H K *Ki V mlwk \m V^^W^WwMa® P
      358 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      174 11 If it's not for the ICE 'N' WATER dispenser, you would probably mistake it as a cabinet. yfmana Refrigerator/Freezers 11* fl I 000 0 I I I I Mm K II I ■p Bl II ff II nZZZZZZ Presenting the totally built-in look by It's little wondfcr then that Amana
      174 words
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      Page 11 Advertisements Column 2
      1818 11 I I THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT OF 1997 INTERIM RESULTS INTERIM RESULTS The Directors of The Bank of East Asia. Limited (The Bank*) announce that the unaudited results of the Group for the six months ended 30th June, 1997 are as toSows:6 months ended 6 months ended
      1,818 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Banks can't grow in culture of control
      718 12  -  THE MTTOKLDVB OPINION By Louis Beckerling The writer is a BT senior correspondent YESTERDAY'S disclosure by Finance Minister Richard Hu that a new government committee has been studying ways to boost and add "buzz" to Singapore's finance sector should come as no surprise.
      718 words
    • Article
      IN OTHER WORDS
      131 12 4 I probably go to too many movies. But you know the great perk of the White House is the movie theatre.' PrwMwt Bill Ctiatm on his favourite pastime. 'We are one on our path to Jerusalem, the capital of the State of Palestine, whether anyone likes
      131 words
    • Article
      Thais need more than reshuffles
      604 12 EDITORIAL WITH one exception, Thai Prime Minister Chavalit Yongchaiyudh's cabinet reshuffle last week has been widely dismissed as being largely cosmetic and not particularly aimed at addressing the difficult problems facing the country. Given that the country's economic rehabilitation, mandated by the International Monetary Fund
      604 words
    • Article, Illustration
      Lock icon Europe losing arms race
      1084 12  -  Hie US is clearly No 1 In the sale of military equipment in world markets, and European firms are worried By\ Salil Sarkar The writer is a Parisbased journalist who contributed this article to BT in Paris SAYS a high-ranking French defence official: "For he who
      REUTER  -  1,084 words
    • Article
      WHAT THE OTHERS SAY
      817 12 fl Mi—ifci Mattel AMID the current financial uncertainty and rupiah upheaval, there is some good news. The latest reports from the National Logistics Agency show the level of its rice stocks, now amounting to about three million tonnes, is adequate to cover any shortfall in harvests
      817 words
  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Throwing light on blue and white
      996 13  -  COLLECTOR'S Item Qing blue and white porcelain a good place to start for collectors, says UJ lu 1 LU CHISEN OF all the ceramics you can collect, Chinese blue and white porcelain has to stand out as the favourite and most well known. With
      996 words
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      Page 13 Advertisements Column 1
      49 13 ORCHARD CAFE— v < r -tV- >- f Hunger for innovation is &*C v. SH EE^-' 1£& Rv' Take a bite Look out for this space next Friday I orchardOhotel SMGAKMf 442 ORCHARD ROAD, SINGAPORE *****9. TEL 734 7766 FAX; 733 5482 E-MAIL orcharde^slngnet.com.sg A member of the CDt Hotels
      49 words
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      Page 13 Advertisements Column 2
      1090 13 SAN TEH LTD d lU« (Incorporated in the Republic of Singapore) II HALF YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT II The Directors of San Teh Ltd are pleased to announce the following unaudited results of the Company and of the Group for the half year ended 30 June 1997: 11
      1,090 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      626 14 s^' that increases everyone's efficiency." mmm Mr Koh Hung Pin, Senior Sales Manager, Information t# I I Systems Group, Hitachi Asia Pte. Ltd., is married with two > MB mm HHH v *mill my 1 j >Hga I |..|ifl iofolo* VI F A...1 F B pHH t V "VHP* fl
      626 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      197 15 Where to wine, dine and entertain... "-g@>tesS£r kxmgesafl^^ftewa^ 0 l^Jß 2 o4 45 What better way to celebrate a great weeh tkan Sunday Brunch at The J Enjoy tke finest brunch and wrvice at only $28* I per adult (only $14* (or the bids). Then toast your good fortune with
      197 words
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      Page 15 Advertisements Column 2
      170 15 OniqiNAi Nonya RccipE TWO DECADES OLD At tNc Luna HEH CoFFee House Try our famous Laksa, Mee-Siam, Otak, Ay am BuaJi KeluaK and forgetting the tempting Htm Buffet Ijk> B^Ec^^K^ SIB Adult) B"tJ!ssß KT $12.00++-»{C1»il<l) *Complimentary Business rimes available while stocks last. For reservations, please call 733 2081 est 468.
      170 words
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      Page 15 Advertisements Column 3
      161 15 catch •'•o™™**' greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, Terrace Open daily for all-day dining, alfresco style with an exotic Balinese setting. For reservations, please call 731 7990. se OVA I CROWNE PLAZAiiitwni 25 Scnts RmuL Smfft *****0 W (65)737 7966 Fmc (65)*****46
      161 words
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      Page 15 Advertisements Column 4
      192 15 V-J l3B"" SINGAPORE BUSINESS Giving you the winning edge M' Hilltop Lounge invites you to partake in an exquisite experience, long associated with style and class, with its Black Label Whiskey Special. ONLV ■QSEBQQH EBSEQ333HH 120 B&BBBSH nett ■WwBpWI per BOTTLE l-» \*m*mUa awiiwHW4M7gMitfac7iWH ■fIMMBM own#c» oxragM >r IM NoM
      192 words
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      Page 15 Advertisements Column 5
      35 15 NAv- u<zlC \.*.'<r\\\ f 5 UiS fo V><£* OV€v t*At?OV\ wIVIa OLav I*\OOV\C" <m V <rs. I or ;id\eitisemcnl defaiK *»n Wine. Dine and Entertain, please call Vlclinc (icli ai 4(***** 55# Singapore Press Holdings
      35 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      759 15 TV&RAPIO Flatliners (See Our 1118 PM Hawa/Bisnes Hari K.Mt\BiIiHTTTTSrS^MM— Choice). Ini. 2.00 PM TV Innovations. lm AM Friday Late Night LOO Nasyid. 240 The Winners. Movie Web of Deceit. LIB Friday prayers (L). j 3.00 Money, Money, Money. 2.40 Billboard US Tor 20 2.02 Pentas Jumaat. j 3-30 The First
      759 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      281 15 CRYPTIC CROSSWORD 5 A winger, a Greek character, Bff Bff pF Ifl I gone berserk (6) 8 SB B| 8 Provided only of the same size 9 Shops keep one for the ac- 10 Give instruction to a pirate (5) """"■■I""""^ 13 Military personnel, proficient iT iHf yet withdrawn (8)
      281 words
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  • ASIA'S CORPORATE LEADERS
    • Article, Illustration
      Lock icon CEO with a Fortune 500 mission
      1585 16  -  Bakrie's Tanri Abeng Indonesia's model professional manager is now striking a balance between business and connections, says tamoraxaukasshi YANG RAZALI KASSIM WHEN other Indonesian conglomerates rushed to prosper under the protection of political connections, one company PT Bakrie and Brothers stayed out of the
      FILE PHOTO  -  1,585 words
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  • COMPANIES & MARKETS
    • Article
      Keppel Corp's 2% interim gain propped up by Keppel Land
      490 17  -  Group turnover up 23%, but shipyard, shiprepair margins remain squeezed By Conrad Raj [SINGAPORE] If not for Keppel Land's exceptionally strong earnings, parent company Keppel Corporation would have disappointed most analysts with its interim results. The local conglomerate reported an
      490 words
    • Article
      Sampoerna's Indofood deal gets the nod
      459 17  -  Indocement EGM's approval dears way for OAF'S purchase From\ S N Vasuki in Jakarta THE proposed injection of Indonesian food giant PT Indofood into Singapore-listed QAF Ltd took a major step forward yesterday. At an extraordinary general meeting, shareholders of PT Indocement, the Salim
      459 words
    • Article
      Major review needed before QAF's vote on Indofood stake
      778 17  -  HOCK LOCK SIEW Lee Han Shih IN A couple of weeks, minority shareholders of QAF Ltd will be asked to vote on whether their company should buy a controlling stake in Indofood, Indonesia's largest food company. To enable them to make
      778 words
    • Article
      Apollo posts loss, hit by construction work
      219 17 CONSTRUCTION work has hammered Singapore hotel operator Apollo's interim results. It posted a net loss of $978,000 yesterday, against a profit of $2.4 million in the same period a year ago. This was despite a writeback of $1.77 million at the pretax level
      219 words
    • Article, Illustration
      STIC net up just 6% with baht's dive, malaria scare
      528 17  -  After $33m interim, full-year growth target cut to 10% Jennifer Lien [SINGAPORE! The baht's plunge and the recent Bintan malaria problem knocked Singapore Technologies Industrial Corp (STIC) off its profit path in the first six months of the financial year.
      528 words
    • COMPANIES
      • Article
        Vickers, Kim Eng plan to float HK units
        615 18  -  BANKING ON HE Listings expected to rake in huge profits and seen as a way to keep valuable staff Byi Clarissa Tan (SINGAPORE] Singaporelisted brokers Vickers Ballas and Kim Eng are planning to list their Hongkong subsidiaries in exercises that many said
        615 words
      • Article
        Sing Investments clinches Draycott site with $39.3m bid
        277 18 [SINGAPORE] Sing Investments Finance has clinched the much sought-after 15,788 sq ft redevelopment site next to Marco Polo's Ardmore Park condominium in district 10 for $39.33 million or $890 per sq ft/per plot ratio (psf/ppr). The price, together with a development charge
        277 words
      • Article
        OPH's $50m in HK securities now worth $70m
        332 18  -  By Ang Wan May [SINGAPORE] Ng Teng Fong's Orchard Parade Holdings has pumped $50 million into Hongkong quoted securities since last November, and has so far seen a paper gain of $20.4 million. Orchard Parade yesterday announced that it bought $29.34 million
        332 words
      • Article
        Sesdaq hopeful BBR plans Philippine set-up by year-end
        442 18  -  It aims to expand into Indonesia, Myanmar in next few yean By. Jennifer Lien (SINGAPORE) Specialist engineering group BBR Construction, which is heading for a Sesdaq listing, is planning to set up operations in the Philippines by year-end. About 90 per cent
        442 words
      • COMPANY Briefs
        • Article
          SMB ups stake in Aussie firm
          61 18 [SINGAPORE] SMB United has raised its stake In Australian-Incorporated Electronic Design Manufacturing Holdings (EDMH), from 280,000 shares to 500,000 shares, making It a 30 par cent stakeholder in the company. SMB will use internal funds for its purchase of the shares of EDMH, a
          61 words
        • Article
          Inter-Roller aborts TMG deal
          61 18 [SINGAPORE] Inter-Roller Engineering Ltd and the Thomson Medical Group (TMG) have terminated their healthcare joint-venture agreement made last September. Inter-Roller has sold its 40 pa* cent stake in JV company International Health Services Pte Ltd to TMG and bought the remaining 40 per cent interest In
          61 words
        • Article
          San Teh gain up 12% to $8.5m
          71 18 (SINGAPORE] San Teh's interim net profit rose 12L5 per cent to 18.52 million as turnover increased 20 per cent to $44.56 million. The good results were from an increase in the group's keypad-making business in China and Malaysia. Earnings per share was 3.64
          71 words
        • Article
          Corrections & Clarifications
          56 18 Corrections Clarifications In an article inßTon Aug 19 titled "Australia's Lend Lease to build Coca-Cola plants in India", we reported that Coca-Cola Amatil is building plants in India. Lend Lease Asia has clarified that it has been commissioned for the design and documentation of three plants In India by Coca-Cola
          56 words
      • Article
        NatSteel Broadway interim earnings surge 34% to $6.8m
        272 18  -  By, Annette Pau [SINGAPORE] Hongkongbased contract manufacturer Nat Steel Broadway yesterday posted a 34 per cent rise in interim net earnings to $6.8 million. Growth in demand and earlier than anticipated orders from major customers fuelled the strong performance, the electronics components
        272 words
      • Article, Illustration
        Lock icon Wall St rally lifts Creative by $2.90 in Singapore
        192 18 SHARES in soundcard supremo Creative Technology yesterday jumped $2.90 to $35.10 on the back of a strong rally on Wall Street on Wednesday. The stock was the day's top gainer in dollar and percentage terms, with 348,550 shares traded. It rose
        Source: Bloomberg  -  192 words
      • Article
        Getting double effect from CPF funds
        258 18  -  LETTERS TO THE EDITOR Bernard Tan Singapore ALAN Wang's letter concerning the use of CPF funds for direct investment in local equities (BT Aug 19) comes at a very timely moment. Singapore is now faced with a dilemma as to whether it should dismantle
        258 words
      • Article
        Comments not made to move shares: MAS
        168 18  -  Leong Sing Chiong Press officer Monetary Authority of Singapore WE refer to the letter from Patrick Chia (BT Aug 20) regarding dual listing of Local and Foreign shares on the Stock Exchange of Singapore. Mr Chia suggested that MAS (Monetary Authority of Singapore)
        168 words
      • Article
        Half of CDL profit comes from Europe, N America
        562 19  -  Asia's contribution drops to 42%; group interim earnings fall 38.7%t0HK523L9m Prom Quak Hiang Whai m Hongkong WITH its rapid global acquisitions, CDL Hotels International now earns less than half its pre-tax profits from Asia, with Europe and North America contributing the
        562 words
      • Article
        S&P re-rating hits Maybank, AMMB
        367 19  -  Groups lead 2i3% fell ftyUMO fifty ratmgi outlook cot From Meera Tharmaratnam in Kuala Lumpur MALAYAN Banking Bhd and Arab Malaysian Merchant Bank led a sharp decline in the Kuala Lumpur Stock Exchange's finance index yesterday after Standard Poor's slashed their credit ratings outlook. Maybank
        367 words
      • Article
        Lock icon Brierley ads against Aussie watchdog
        208 19 Bloomberg [SYDNEY] Brierley Investments Ltd has taken legal action against the Australian Securities Commission, challenging the latter's decision to seek action against the firm over its trading in John Fairfax Holdings Ltd shares. The commission said last Friday it asked the Corporations and Securities Panel
        Bloomberg  -  208 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon MCI renegotiating US$24b acquisition by British Telecom
        446 20 No guarantee merger will go through, says US telco, but British company's still hopeful Bloomberg Reuter [WASHINGTON] MCI Communications Corp said it is renegotiating its U5523.7 billion (5535.5 billion) acquisition by British Telecom pic and that there is no guarantee the transaction will
        Bloomberg; Reuter  -  446 words
      • Article
        Lock icon NEC loses appeal against US tariff
        287 20 Japanese coipntj>r maker expects to pay a 454% tariff AP [TOKYO] NEC Corp said an American court has rejected its request to stop the US Commerce Department from charging punitive tariffs on its supercomputers. The department, reacting to a complaint by rival Cray Research
        AP  -  287 words
      • Article, Illustration
        Lock icon Soros doubled stake in MCI in Q2 to 2.4%
        516 20 Money manager may be betting MCI-BT merger will proceed Bloomberg [WASHINGTON] Money manager George Soros more than doubled his stake in MCI Communications during this year's second quarter, possibly a bet that British Telecom's (BT) proposed purchase of the company will
        Bloomberg; Source: Bloomberg  -  516 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Need personal finance advice? Get on the Net
        416 21 But finding the most useful sites is a challenge Bloomberg [NEW YORK] The vast web of the Internet has developed into a convenient, powerful tool for managing personal finance. With a personal computer and Internet access, individuals can invest in stocks, bonds,
        Bloomberg  -  416 words
      • Article
        Lock icon US fund investors learn resilience
        354 21 They stay invested daring week of Bow's 2nd biggest drop Bloomberg [NEW YORK] US stock mutual fund investors seem to have learned a lesson since last summer: Stay invested when the market turns south. In the seven days ended Monday, a week that included the
        Bloomberg  -  354 words
      • Article
        Lock icon ABN Amro 1st-half profit up 20%
        410 21 Bloomberg [AMSTERDAM) ABN Amro Holding NV, the Netherlands largest bank, said first-half net rose 20 per cent as international operations boosted revenue and acquisitions offset lost income from the sale of merchant bank MeesPierson NV. ABN Amro earned a net profit of 2.038 billion
        Bloomberg  -  410 words
      • Article
        Lock icon First Dow futures to start trading on Oct 6 on CBOT
        361 22 Each contract valued at US$lO per point, or about US$BO,OOO at last closing price Bloomberg [CHICAGO] The first-ever futures contracts for the Dow Jones Industrial Average (DJIA) will start trading on Oct 6 on the Chicago Board of Trade
        Bloomberg  -  361 words
      • Article
        Lock icon First Union buys Virginia broker
        423 22 With USs47lm purchase, bank can offer IPOs to clients FT [NEW YORK] First Union, the acquisitive US commercial bank, on Wednesday joined the trend for retail banks to buy brokerages with a US$47l million (SS7O6 million) acquisition of Wheat First Butcher Singer of Richmond, Virginia.
        FT  -  423 words
      • Article
        Lock icon Gold demand hits record highs
        446 22 Rise due to sharp falls in prices, income growth: gold council Reuter [LONDON] Gold demand has hit record highs this year against a background of sharply lower prices, income growth in developing countries and market liberalisation, the World Gold Council (WGC) said in a report
        Reuter  -  446 words
      • Article
        Lock icon Euroyen slips, but tone still firm
        237 22 fSEKELReport Reuter [SINGAPORE] Simex Euroyen futures drifted lower yesterday after a trade ministry official said the impact of Japan's sales tax hike was likely to be over by the end of the summer. Ministry of International Trade and Industry Vice-Min-ister Osamu Watanabe said the
        Reuter  -  237 words
      • Article
        Futures higher as electronics stocks surge
        152 22 MSCI TAIWAN FUTURES [SINGAPORE] The Simex MSCI Taiwan Index futures contracts yesterday illustrated why Taiwan is ranked the No 1 equity market in Asia this year, with August closing 120 ticks higher at 426.6. A surge in the electronics sector saw the MSCI Index
        152 words
      • Article
        Lock icon Turkey to lobby for Baku-Ceyhan pipeline
        248 22 ENERGY REPORT AFP [ANKARA) Two senior Turkish ministers will visit Azerbaijan next month to lobby for an oil pipeline to be built from Baku to Turkey to carry the bulk of the future oil output from the Caspian Sea. "Foreign Minister Ismail Cem and
        AFP  -  248 words
      • Article, Illustration
        Untitled
        1266 22 nrrBKBAMgPOSS RATES Aug 21 A$ q f» co» 9m m im 9m m mm* mm mt tm kmtnh -1039 4178 4701 4J» 1J81 1772 ***** 8.985 4M1 478 2384 UM ***** ***** t!8 1559 1.133 2UM ***** 0.442 4744 CMdl 0943 19M 0.475 4480 1330 USI 253M UR HM MS
        1,266 words
      • Article
        Lock icon CUBRENCY REPORT
        281 22 Reuter London THE US dollar fluctuated in narrow margins ahead of a policy meeting by the Bundesbank, with dealers expecting no change in the bank's two leading interest rates. "The market is awaiting the Bundesbank's meeting, even though it does not expect any change in the two key
        Reuter  -  281 words
      • Article
        Lock icon Foreign brokers are expanding in Tokyo
        223 22 FT [TOKYO] Foreign securities houses increased their staff in Tokyo by 11 per cent to 6,900 in the year to June, in one of the most concrete signs of their growing presence in the Japanese market as the country prepares for a wave of
        FT  -  223 words
    • Article
      COMMODITY PRICES
      1636 23 S1C0M FUTURES Aug 21 WWE* (Mww dwhe HStC0«TIACT<ScMbA9) On* VOImm Opoo MqwMi Mfh Low Sttt ftwwt) totomt Sop 97 ***** 375 Oct 97 09.00 »450 Now 97 M2.00 *00 I ft* 97 144.50 1950 jmfitK 99 150.50 53K) Apr/Jim 9€ 154.50 154.50 154.50 M0 MMO jffsop 91 157.25
      1,636 words
    • Article
      Lock icon TOKYO
      1647 23 Bloomberg □Nikkei 225 -I6JI STOCKS closed slightly lower yesterday, with exporters falling on concern the dollar's rally against the yen will stall, crimping profit growth. Construction stocks, meanwhile, rose on optimism the collapse of struggling general contractors will bolster the fortunes of their stronger competitors. "Investors now divide construction
      Bloomberg  -  1,647 words
    • Article
      WORLD STOCK MARKETS
      2244 23 Mutrtals n*» 3) Croup 490 *4 AB Ports 278.400 1.400 Abbey National #32.400 *20.400 ANedOomoc* 473 -143 AIMC 150 -2 AsM Grovp >***** UOO BAT Ind 508 -1.400 BOPte 259 *5 BKC 169.400 -1 BOC Group 1131 19.600 WMomn 880 30 BTR 219 -8 Bank of Scotland
      2,244 words
    • Article, Illustration
      Lock icon HONGKONG
      1588 24 AFP H Hang Seng -20L64 SHARE prices dropped 1.3 per cent yesterday on late profittaking by overseas investors due to concerns that the US market may fall, dealers said. "There is no bad news on the market, but some foreign buyers took profit after seeing the market has gained
      AFP  -  1,588 words
    • Article, Illustration
      Lock icon CHINA
      652 24 Reuter Q Shenzhen B Index +5.43 THE Shenzhen B stock market staged a sharp rebound yesterday after recent heavy losses, closing near the day's high and taking its cue from Hongkong's early rise. The B Index gained 5.43 points to 150.65 on turnover of HK$l53 million. The A Index
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  652 words
    • Article
      Lock icon TAIPEI
      371 24 AFP QWP Index ♦IWJ7 SHARE prices rose 1.7 per cent yesterday as investors expected government support for the market after Premier Lien Chan and his cabinet officials resigned en masse. "Investors bought on expectations that governmentrun funds might step in to jack up share prices due to the resignations,"
      AFP  -  371 words
    • Article
      Lock icon WELLINGTON
      262 24 Bloomberg [3 Wellington +14-07 STOCKS rose yesterday as investors pushed Fletcher Challenge's energy shares to a record after it reported a fourfold rise in profit. The NZSE--40 Index rose 14.07 points to 2,516.85. Bloomberg *o»zi u» room AN Z Bonking 11.80 0 JO ***** Advontoqot HMqs 0.94 -0.01 4)070
      Bloomberg  -  262 words
    • Article, Illustration
      Lock icon BANGKOK
      824 24 AFP Q SET Index -137 SHARE prices closed lower yesterday as investors took profit after the International Monetary Fund approved an economic rescue package. The SET Index closed down 3.37 points at 583.04. Bank of Thailand governor Chaiyawat Wibulswasdi called for confidence in the future of the beleaguered Thai
      AFP  -  824 words
    • Article
      Lock icon SEOUL
      409 24 AFP n Composite Index -&76 SHARE prices slid 0.9 per cent yesterday on rumours that one of South Korea's largest confectionary giants, Haitai Group, was in financial trouble, dealers said. "The market is very unstable now, and rumours that Haitai was in financial trouble further dampened the market," said
      AFP  -  409 words
    • Article
      Lock icon SYDNEY
      592 24 AFP QAQOrdmahea +18.0 STOCKS rose yesterday, helped up by strong gains on Wall Street and a raft of strong profit results at home. The All Ordinaries Index gained 18 points to 2,648.7. Turnover was 357.8 million shares worth A 5682.6 million. BHP gained six cents to A 517.31 and
      AFP  -  592 words
    • Article, Illustration
      Lock icon JAKARTA
      736 24 AFP I*l Composite ladei +&88 SHARE prices rose 1.7 per cent yesterday following an early rally inspired by a slight recovery in the rupiah, dealers said. "The market reacted very positively on the back of the strengthening rupiah," a dealer with a regional brokerage said. The Jakarta Stock Exchange
      AFP  -  736 words
    • Article
      Lock icon MANILA
      273 24 AFP P Manila ♦COM SHARE prices surged 2.1 per cent yesterday as foreign brokerage houses, led by Merrill Lynch, snapped up selected blue chips. "Merrill Lynch is accumulating shares. This is the best time to do that, while the market is weak," said an analyst. The Composite Index rose
      AFP  -  273 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon S&P downgrades Maybank; shares dip
        277 25 AFX-Asia n Composite Index -20J3 SHARE prices closed sharply lower yesterday on broad-based selling led by a sell-down on Maybank following Standard Poor's downward revision on the bank's outlook. The KLSE Composite Index closed down 20.33 points at 909.24. The Emas Index fell 4.35 points
        AFX-Asia  -  277 words
      • Article
        Untitled
        252 25 Ompm Uttdl CtAMnvprl >0 12 13 M prt 14 43 13 Cwtirwttwi M Tr«dln«/S »< If 41 Mrattrv 1 2 I nwct IT M n HM 0 4 1 frwwty 42 MWMM t 20 T IMlt 0 T 0 Trwl 0 2 2 UM U M 23 Rtl/WwrwH 1 I
        252 words
      • Article
        Untitled
        8149 25 CoMwmr pnMi trrr Last vat oey Net cop loss Cs—lky Mt •OOP HH> Low P/t %m* 790 480 AJInomoto 490 unch 1 490 490 27.1 196.6 448 269 Angkasa 279 -1 21 282 279 8.3 411.4 905 600 Aootlo Food Hla 630 18.3 252.0 765 372 Seqayl Un*!! *30 -30
        8,149 words
    • WARRANTS & OPTIONS
      • Article
        F&N wrt even more attractive now
        208 26  -  WARRANT WATCB By Ven Sreenivasan SEVERAL weeks ago, we identified the warrant issued by Fraser Neave as being one of the most attractive instruments on the local bourse. Yesterday's closing figures make the warrant even more attractive at least going by the numbers. The
        208 words
      • Article
        Untitled
        3414 26 BONDS. LOANS WARRANTS 1997 Lot V* Day LMt Qua** At* High Low Stne Camipany Saia *»r- (000) High Low Buyar SaOar Mn 68 38 m 3000 m AMDB C5 5H0202I6 Z 38 1 39 41.5 81 41.5 3160 Acof W*****1 US$ 63.5 -2.5 23 67 63.5 63.5 66 131 64
        3,414 words
    • Article
      CLOB INTERNATIONAL
      2118 26 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■IMM Or. Or 1997 LMt Vol Day Laat OlMtt Ok Dk VN NM M Cap Htqh Law Stno Company S* COOO) H*g» Law Bwy«r Wlir CV PK M 478 212 mt5000 AIS8 50C 217 -It 123 235 217 216 222 5.0 4.9 U 47.1 2223 137 723 mi
      2,118 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1242 27 TUBHOVEB COOO) VALUE ('000) cm inw cm 7*1 MUMM 60.642 3U04 92,166 *99.666 44.719 244,385 FtMftC* 746a 6J77 13,945 64.611 10,863 95/474 i*»W» UT3 MO 1,733 3,413 471 3LM4 MM IMS 15.343 44,329 8.609 S3,138 W*lt»tion 2.819 2,819 4.905 4.905 I*** »7 167 318 3W 6LW 9,953 13,188 2.599 7,626
        1,242 words
      • Article
        MAIN BOARD
        4805 27 Gr Or M W1 1997 Last Vol Dav L«t Ouot« Mv Dtv Yld Net Cm Av^ Wg<» I— StNo Company Sal* COOP) Hl» Lf Buyer Sailor Cvr 96 P/E imH Price nmnimis 157 101 1020 ACE 0ynamics60c 103 unch 96 107 102 101 103 -KM 84.4 105 5146
        4,805 words
      • Article
        SESDAQ
        907 27 mrr yy Our LaatOmt* tk W M c« MH> U» «tM» Ciiwy SaM rooo HN> L— »—r Sa6ar Cw W $S HfMO 166 T6 2000 *W HMfi V 130 -6 S88 MO UO 130 1)1 33 10 0.1 MS. 7 57 a 133 M6 M4 2049 AS AutoK>c 366
        907 words
      • Article, Illustration
        HOT STOCK
        71 28  -  *1 Shiv Taneja SIN SOON HUAT closed three cents tower yesterday at 66 cents on a volume of 7.47 million shares. Daily and weekly RSI and Stochastics are below 25, but investors should tread cautiously as there appears to be more downside in the days ahead, as indicated
        71 words
      • Article
        Untitled
        225 28 BSBBHBI Stodu VrtwM •Rekapacific Bti 21.187,000 Hotung Inv NT5 18,431,000 UK 9,092,000 Sin Soon H 10c 7.476,000 Asia Food&Prop 6,888,000 Amara Htdqs Lt 5,736,000 ST Aero 50c 5.016,000 SingTel 15c 4,753,000 HX Land USIOc 4,390,000 HKL RfWt*****3 3.950,000 Stacks SPH Foreign 43.395.202 *Refcapacifk Bfc 27.620.850 DBS Foreign 24,868.432 U08 Foreign
        225 words
      • Article, Illustration
        Players sidestep steady forex markets, Dow rally
        702 28  -  STOCK MARKET COMMENTARY Falling counters overwhelm risers by a margin of three to one as buyers ignore Wall Street's 100-point gain By Ven Sreenivasan [SINGAPORE] A day of relative calm on the regional currency markets and a third day of gains on Wall
        702 words
      • ON THE GRAPEVINE
        • Article
          Analysis from the Tower
          143 28 ANALYSTS and dealers whose offices are at DBS Bank Tower 2 have a novel way of projecting Singapore's non-oil domestic exports, it seems. One institutional dealer who works with a prominent Japanese investment house in the building shared the trade secret with BT. "I just look
          143 words
        • Article
          Not so elementary, please
          139 28 ONE of our reporters has just received a small package containing a magnifying glass, a pair of rubber gloves, a memo pad and a map of a country that will remain unnamed. An accompanying letter clears the mystery. It's from a well-known technology company, one of
          139 words
        • Article
          Seeing double
          61 28 A NAME like I.im Chuan Poh does not seem common, or does it? Well, there are actually two of them on the board of directors at Singapore Telecom. One is a brigadier-general who is a division commander in the Ministry of Defence while the other is the deputy
          61 words
        • Article
          Tep dogs prefer Mercedes to BMW
          96 28 GERMANY'S top managers would rather be seen driving a Mercedes while lower ranking company officials prefer BMWs, wire agency Agence France Presse quoted Manager magazine as reporting in its latest issue. Favourite among top managers is the Mercedes E 280, followed by the BMW
          96 words
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      Page 17 Advertisements Column 1
      280 17 (SGOSEN BDDTS, Surpassing All Irons, Approaching Your Dreams I:V| i M-r 1 I J i J "200 yards with 5 iron is no longer a dream" _j~ I J_JJ J_j AERMET is applied to landing gears of Fighter Aircraft F-18 and to yj i driveshaft of F-1 Racing Cars. The
      280 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      115 18 I B f i |r• f f JjjL Save up to on P* imported u office furniture. ■■■PL 19HI Don't miss this rare opportunity [ff«uL of saving 10% to 30% on all imported office furniture at Boss Design. So hurry down to either our Suntec or IMM I showrooms. Promotion
      115 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      37 19 LALIQUE' I Figure LJonne Simba 51,465 Figure Uon Bamara $1,466 Figure Uonceaux Tomb wee $775 Hilton Shopping GaHery #02-03/04 Tel: 734 1363 Midenta Walk #01-14/15 Tel: 336 2202 ***** Lalique A f*•C N J A MIM GROUP
      37 words
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      Page 19 Advertisements Column 2
      441 19 I JI Corporation I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 1997 I The Directors of Keppel Corporation Limited advise the following unaudited results of the Company and of the Group for the half year ended
      441 words
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      Page 19 Advertisements Column 3
      162 19 GRAND PLAZA HOTEL ADDS CHARM TO COLEMAN STREET v-<M MH IBr 8 Bhi From $150*, There's Nothing Quite Like The Grand Plaza Hotel." In the heart of Singapore's Civic and Cultural District, the new 338-room Grand Plaza Hotel takes pride of place at the junction of Coleman and Hill Street.
      162 words
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      Page 20 Advertisements Column 1
      868 20 I nrrr Banque Francaise I Drt-t du Commerce Ext£rieur I! AND ITS SUBSIDIARIES II HEAD OFFICE: 21 Boulevard Haussmann, ***** Pans Cadex 09 SINGAPORE BRANCH: SO Raffles Place *35-01 Stapore Land Tower Singapore *****3 I CONSOLIDATED BALANCE SHEETS I] 0" miftons o< French francs) (in m*ons ot Frenchtrancs) Assets Uabifltin
      868 words
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      Page 20 Advertisements Column 2
      519 20 JLj\ tiger medicals y>G«£/A member of the f Group i I I (Incorporated in the Republic of Singapore) I The directors wish to announce the unaudited Group and Company results for the half-year ended 30 June 1997: I INTERIM RESULTS FOR THE HALF-YEAR ENDED 30 JUNE 1997 I GROUP COMPANY
      519 words
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      Page 21 Advertisements Column 1
      763 21 Notices To advertise call toll-free 1800-74! 1883 IN THE MATTE* OF THE COMPANIES ACT (CHAPTER 59) AND IN THE MATTER OF SINO-GEOLOGY PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WIND-UP Al an Extraordinary General Meeting of (he Company held a( No. 2C Road Beijing on 18th August 1997 at 9.30
      763 words
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      Page 21 Advertisements Column 2
      207 21 M THE MATTER OF THE COMPANIES ACT, CAP. $0 AND M THE MATTER OF SWGTECH INVESTMENTS PTE LTD On Members' Voluntary UqnMrion) NOTICE OF RNAL MEETING NOTICE IS HEREBY GIVEN puswl to Sacfon 308(1) of In Companes Ad, (Up. 50, tat a final General Meeting of It* Members of to
      207 words
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      Page 21 Advertisements Column 3
      147 21 IN THE MATTER OF] THE COMPANIES ACT, CHAPTER 50 annum <aiNSHiNt rrr. ltd (la Members'Votaatary NOTIC* or FINAL MEETING NOTICE it hereby givea that pursuant to Sectioa MM of the Conpeaiet Act, Chapter 30, a fiaal Geaenl Meeueg of the Members of the abovenamed company will be held at 4158
      147 words
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      Page 21 Advertisements Column 4
      363 21 WTHE MATTER OF THE COMP AMES ACT (CHAPTER SO) AND M THE MATTER OF AMALGAMATED MOTOR INDUSTRIES PTE LTD (Incorporated In Sln^ipw) Members' Voluntary Windng-up At an Extraordinary General Meeting of the members of AMALGAMATED MOTOR INDUSTRIES PTE LTD duly convened and held at 101 Upper Croea Street. #06-09/10 People's
      363 words
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      Page 21 Advertisements Column 5
      548 21 Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) The directors wish to announce the unaudited Group and Company results for the half-year ended 30 June 1997. INTERIM RESULTS FOR THE HALF-YEAR ENDED 30 JUNE 1997 GROUg COMPANY 1997 1996 1987 1996 1. PROFIT STATEMENT Ss*ooo SS'OOO Change
      548 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      168 22 Perhaps it's the way we move for you. In this fast moving corporate world, isn't it nice to know there's one corporate venue that moves just as fast? The 5-star Marina Mandarin Singapore. Fast, efficient service. From a team of professionals that will make you feel right at home. That
      168 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      28 26 SFor real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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      Page 27 Advertisements Column 1
      178 27 W. ""Comes to you 22"?* at CCTT** 1 wieh to subecribe to Wlz for: (please choose one) Method of Payment (please tick one) u —yr EVERY ZXS£S?°* J o^^Z^^ ,Ma w/Dkw I M mWI/niifl Superstore. Wright-Tech Half a year (6 Ksues) at $30 (ptease arete to .ndcate) M W' 1
      178 words
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      Page 27 Advertisements Column 2
      8 27 Home Decor For people who love their homes
      8 words
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      Page 28 Advertisements Column 1
      3159 28 SINGAPORE BUSINESS Giving you the winning edge BffSIWUSS Notices To advertise call toll-free 1800-*****83 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF LEGEND TECHNOLOGY (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the minutee at an Extraordinary General Meeting of member* of Legend
      3,159 words
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      Page 28 Advertisements Column 2
      544 28 MARINA HOUSE HOLDINGS LTD SGD 110,000,000 MORTGAGE-BACKED FRN DUE J 1997 In accordance with the provisions of J the notes, notice is hereby given that the rate of interest for the three months 22 August 1997 to 24 November 1997 has been fixed at 5 pet p.a. The interest payable
      544 words
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      Page 28 Advertisements Column 3
      356 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACIFIC DELTA CONSTRUCTION MANAGEMENT PTE LTD At an Extraordinary General Meeting of Pacific Delta Construction Management Pte Ltd held on 15 August 1997, the following ordinary and special resolutions were passed 1 SPECIAL RESOLUTION WINDING UP
      356 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      318 29 Bridge News, Reuter PANAMAX rates are holding remarkably steady both in the Atlantic and Far East despite seemingly slow trade, brokers said. Biffex showed two main characteristics: the prices rallied engaging better volume, and there was a resurgence of spread interest, Clarkson Securities Ltd said in its daily
      Bridge News,; Reuter  -  318 words
    • Article
      MARITIME STOCKS
      280 29 wmammmm *f- W cwT8M»>»itan —1» 555 F CIWMHup a 95 *0.01 261 Catcolnyattmant—.115 *0.01 5 FrMH Links 0.41 -0.015 85 G8 MpMlngi 0.70 "0.005 56 HMSunHup 0.96 -0.005 188 HttacN Zotfi OMi ♦0.005 16 IMC Holdings MH 5.60 JgyaHoKMngi 0.795 -0.005 12 Jarong Shipyard 6.75 *0.05 44 KappMCarp
      280 words
    • Article
      Vessel wanted by KL was not desludging: managers
      863 29  -  Ship accused of slipping oat before detention orders conld be served By] Marcus Hand [SINGAPORE] Singaporebased managers of the Cyprusregistered tanker Maxus Widuri, which was to have been detained by Malaysian authorities for suspected desludging, say it "drifted accidentally" into Malaysian waters.
      863 words
    • Article
      Supreme Court overturns award for damages for wrongful arrest
      769 29  -  ADMIRALTY CASEBOOK By I Selva Kumar THE Supreme Court of Canada recently overturned a 1995 Federal Court of Appeal decision, in which damages were awarded for wrongful arrest in an action in rem merely on the basis that the arrest was
      769 words
    • Article
      Jailed tanker captain gets one-month reprieve
      418 29 Venezuela releases him on compassionate grounds: Intertanko [SINGAPORE) A Greek captain who was detained for over five months in a Venezuela prison has been given a 30-day reprieve, while the country's courts take a summer recess. Captain Konstantinos Spyropoulos was temporarily released from prison
      418 words
    • Article
      Lock icon US agency warns Japan, Brazil, China, and Panama
      406 29 Maritime council likely to take action against them for unfair practices Lloyd's List [WASHINGTON] Stern new warnings have been issued by the US Federal Maritime Commission to Japan and Brazil that substantial sanctions are likely if they fail soon to correct allegedly
      Lloyd's List  -  406 words
    • Article, Illustration
      S Korea set to be top world shipbuilder this year
      234 29 [TOKYO] South Korea is again on course to become the world's top shipbuilder this year after overtaking Japanese yards for the first time since 1993. South Korea's leading place in that year was the first setback to Japan's domination of
      234 words
    • Article
      Lock icon Japan's ship orders up 172% in July
      104 29 AFP [TOKYO] Japan's export shipbuilding orders for July surged 172.0 per cent from a year earlier to 1.77 million gross tonnes for a total of 39 vessels, an industry group said. Japanese shipbuilders received orders for 17 bulk carriers totalling 584,100 tonnes in
      AFP  -  104 words
    • Article, Illustration
      Lock icon Little impact seen on economy
      1215 30 UPS STRIKE SETTLEMENT Settlement is not inflationary, while concessions made by UPS won't set pattern for other industries, say analysts Bloomberg THE settlement between United Parcel Service of America Inc and the Teamsters Union doesn't threaten the US economy with higher inflation, analysts said, though
      Bloomberg  -  1,215 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      379 30 PACC t famous 7 AEL 13 Famnde 13 ANl 3 8 AMe 13 frati 13 Accord 8 Frt links 13 Ahrenkiel 13 Frt u Appenship 5 C 4 A Stro 3 Gemartrans K Austral 9 &Msh Avant 6 Glor 4V 13 B'tanq Mas
      379 words
    • Article
      SHIPPING GUIDE
      16347 38 THEBUSINESSTIMES EXPORT ETA CTA Advertiser Vessel Voyaqe Telephone ETA ETA A<tv»rtiw VltHt Voyaqe T*4ephone SIN Dest'n Nam* Nam* Number Number SIN Dest'n Nam* Nam* Number Number (NMMMNMnMMMMMMWMWMHMnRMMHMMMMHHMNMMMIKM MHMHHHMMIHnMMMIHMMMaMHMHi 24/0* 20/09 DSEN SOVCOMFLOT SENATOR WF73* 45-*34WKI A 24/04 20/09 Ham in TRADE HARVEST 0I2W 45-*****24 To ABIDJAN (ABJ) 2003
      16,347 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        635 45 Voy Wo B«fth Arrival Dtparturc J* 5 2 »T12 *J02 *tan«sidf 22.08/2330 j S *y J22 Kontudt 22 00/0600 015 J03 ilongsxx 22 .08/1500 **> ***** J13 Hongs* 22.06/0700 iMdor Honor 9703 JO* iionqsm 25.06/1900 087 JI7 (kMfsM* 22 08/0800 tat '702 J16 ikoMfudt 23.08/2300 Pr*4ty* IM P188*
        635 words
      • Article
        CONTAINER SCHEDULES
        1559 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Boofclng/BoUnco Rstls Ship Voy No Etb/Btr Ptrtod From To From to «M 2vmoo M zvnoo 2V1*59 tvrno 21/1500 nntn wmo U ZVffOO 22/0659 22/0*00 2» 2VW00 22/0*59 22/0*00 J 22/0700 22/HM 22/MM to *ow 0** 23/1500 U 2V1500 2V*M 21/7900
        1,559 words
      • Article
        GLOBAL HOLIDAY
        200 45 Ang 24 Ukraine: Independence Day. Aa|2S Hong Kong: Liberation Day. Philippines: National Heroes' Day. United Kingdom Summer Holiday. India Janmastami/Gokul Ashtami. Bombay bourse closed. National Stock Exchange open. Ukraine: Independence Day. United Kingdom: Summer holiday, not Scotland. Any 29 Slovakia: National Uprising Day. Aug 30 Peru: Santa Rosa
        200 words
      • Article
        COCKETT BUNKER MARKET REPORT
        855 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehen slve description of the market Prices shown are based on averagesized stem Market movements are indicat ed The Cockett Bunker Price Index change and
        855 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        406 45 1-eu 180 Mai 992.9 0.9 15.4 0.07 75 0 07 °T Water Art llu.l.l.. umrnm No abOM E25 2 0 1 0 0 0 %M/M MO Ave 906.4 0J 12.7 0.06 34 0 02 m, J""" "V M 0.09 ISO/CmcUMts Spe< [25 991 1.0 15.0 0.10
        406 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        BA-Qantas code-share not aimed at 'kangaroo' route
        531 46  -  Qantas turns in slight 2.6% growth in earnings to As2s3m By] Felix Chan [SINGAPORE] The introduction of new code-share services in October is not a conscious effort by the BA/Qantas alliance to reinforce its market share of the lucrative kangaroo route, an official
        531 words
      • Article, Illustration
        Lock icon UPS expected to win back almost all of its business with end of strike
        473 46 Bloomberg [NEW YORK] United Parcel Service of America Inc is expected to regain almost all its business within days as the company's brown trucks begin rolling across the US after a 16-day strike. UPS chairman James
        Bloomberg; REUTER  -  473 words
      • Article
        Lock icon FedEx staff to get US$20m in bonuses
        159 46 Bloomberg [MEMPHIS, Tennessee] Federal Express Corp said it will pay about US$2O million (Ss3o million) in bonuses to about 90,000 employees, averaging about US$222 per worker, for extra work done during the United Parcel Service of America Inc strike. FedEx, a Memphis, Tennes-see-based
        Bloomberg  -  159 words
      • Article
        Lock icon Britain launches major transport review
        229 46 Reuter [LONDON] The British government yesterday called for ideas to deal with traffic congestion and pollution as it prepares to draw up a new transport policy scheduled to be published next year. The government warned that some stark and difficult policy choices might have to
        Reuter  -  229 words
      • Article
        Lock icon Merrill to undertake Auckland airport study for NZ govt
        295 46 Bloomberg [WELLINGTON] The New Zealand government has appointed Merrill Lynch to do a further study on its 51.6 per cent owned Auckland International Airport Ltd. which may be a precursor to the sale of the stake. A previous Merrill Lynch report
        Bloomberg  -  295 words
      • Article, Illustration
        Lock icon BA, American Air ordered to give up 353 London slots
        371 46 EU regulators pat forward proposals in return for clearing flllianrA Reuter [BRUSSELS] European Union regulators have ordered British Airways and American Airlines to give up 353 weekly slots at London's Heathrow and Gatwick airports in return for clearing their alliance,
        Reuter  -  371 words
      • Article
        Lock icon Northwest Airlines cuts everyday fares by 30%-40%
        386 46 Bloomberg [MINNEAPOLIS] Northwest Airlines Corp cut its regular prices on advance-purchase tickets by as much as 40 per cent in hopes of weaning travellers from frequent fare sales. The nation's fourth-largest carrier said its new prices, which are effective immediately, will be available
        Bloomberg  -  386 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1672 46 OIY FIKMT ETA FUGHT ETS Adelaide SO 2 JO 1830 MtmMm ***** H55 SOW! 0130 Amsterdam S0327 0750 W.844 0040 *oC**nfc W41 1310 V*742 0850 K1837 1455 KL838 2300 W 1420 S0172 0930 0L26 2355 CA839 1705 CA838 1210 $026 2355 SOI73 1905 S0174 1410 Auckland
        1,672 words
  • Page 29 Advertisements
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      Page 30 Advertisements Column 1
      1019 30 I EXPORT I I OTHER DESTINATIONS I DWECTTOWOTCOMT 1 I OBmW. AtWMOtIWWtoWT* MWCT vcsa vot rasi etdsm u w w a Ml HM w mpkooit :I wa wi Im I norm I mamiu piutrnt I wwwn|nir-» NOIRUOT MES3S 27/01 20/00 12/09 1«/0» 14/W 14/09 14/09 14/09 17/W 14/09 22/09 M
      1,019 words
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      Page 30 Advertisements Column 2
      62 30 CONVENTIONAL SERVICES TO BANGKOK ""mAJ FLAG" vt,ttL vot CTA MBggj 'W IMI UKIOI SONG.HL* OMENT EXPRESS I 1107 2MM MATAPHUT «»»7 IM UMKHMMW UC 11/w WM HOCHIMMH jmaco wio i rim mm kuala rumui *«co roto n r« nm pt rawang marine SERVICES PTE ltd 101 *i*^fL c 5P«« street
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      Page 30 Advertisements Column 3
      35 30 PAM/Egon, SMPPMO PTC LTD Wmmkth LCL rrwiiilhiaMim to MEXICO, CENTRAL A SOUTH AMERICA Accepting cargo tor ports to MMco, B SatmOor, Hondurra. Costa Dominican Rep, Puerto Ftbo, Mytsuato THnktad, Cotamfato, Ecudor. Pmt, Chta t Unjgu^
      35 words
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      Page 30 Advertisements Column 4
      641 30 Linos ft services represented by Members oi the Registry o< Member* o( the Aocrw Sh*)p«ng Agents. Singapore Freight Forwarders Sfeore National Shipping Assoc Association c^yilMrf Speedy and Quality wicMmJy/ Service to CALCUTTA EXPORT 3 x Japan •2 Hongkong -1 x Manic •1 x Kooihiung, Kidung (Accepting Fa to VWKI VOY
      641 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1150 31 TO EUROPE FROM EUROPE I VESSEL VOY SM RTM HAM MtY SOU LBTI I VESSEL VOY RTM HAM MRV SOU LEH KG SM~| NEDUOYD ArtICA 5337 21/ M 11/ M 00/00 13/ M KDUjOYD ASIA *317 31/07 20/07 02/ M 20/ M 21/ M LA LOIRE 1337 22/ M 07/
      1,150 words
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      Page 31 Advertisements Column 2
      2189 31 0 HANJIN SHIPPING USA CANADA' IUNEHAUI /VOT UM SM SU POII TIW I TOP Of BIT [ISi TSt IWI MEM KK MYC Off TV* YYZ VU TYC TK PWOMG SENATOR OCT M/W »1/W n/w u/w u/w u/w u/w u/w u/w 10/W 17/W io/w u/w u/w "Tt/pT 7yW~ 17/W "Wli^TW WKAN
      2,189 words
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      Page 31 Advertisements Column 3
      102 31 ORIENT EXPRESS LINES (U.K.) LIMITED ilgj. (MANAGER FOR SHREYAS SHIPPING LIMITED) -> WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE rasa VOY SIHCAPOIE BOMIAY VftSfl VOY HMMAY SWGAfOtE NORDKAP 415 415 22/08 30/08 NORDKAP 414 13/06 22/08 AJTHA PARICHART 006 26/08 04/09 JUTHA PARICHART 005 16/08 25/08 ALBERT BRIDGE 003 29/08 06/09 OOCL ADMIRAL
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      Page 32 Advertisements Column 1
      1541 32 C<r DSR-SENA TOR flfcmn Round the World Container Sen/ices TO UK/CONTINENT FROM UK/CONTINENT WT m HTM AMT IMV Njg fU LHA Vttttl HOT I IHA I RJt WTM UN tUtTTuT' CHOYAMO AM WWW ltd lIM 20M CHOYAMO GIANT EFT* t717 al7 If 17 »1 17 tl M 24 M CHOVMBCHMKf
      1,541 words
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      Page 32 Advertisements Column 2
      1165 32 I NORASIA I VESSEL VOY 8M OOA BCL VAL ALO ROT «X ANT FEL LHA NOR HONGKONG >732-3 22/00 08*80 I 7« 10*9 17/80 13/09 IM>9 11,09 12*9 1009 NORSHARJAH 9733-3 28/08 1289 14/00 2MI 24/00 ?(M» 2M» 1400 1909 1789 MSC RAfAELA #734-3 03.09 19*9 2189 3089 01/10 27/89
      1,165 words
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      Page 32 Advertisements Column 3
      533 32 LINE Br Till IMI3II MX) 1»1M7 1 MUARA 1 LABUAN vissa wi m ra msa vor m (u swm muaia srott m lnrnm vi*/»7 m/m v/m jpoosph vm/w m/m »/m tft&OMY YIIE/17 n/M M/M tfMGUKT V7ll/17 M/M 11/ M jpiospm vme/w oj/m os/m jpoosph oj/o» m/w tfttOOtT V 221/07 05/00
      533 words
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      Page 33 Advertisements Column 1
      1445 33 [vessel voy sin bkk pou pko pew blw sub Iba 1 bik IRANVAHOAT PJL-1233 05/00 31/08 00/09 24/00 26/00 IRAN GHEYAMAT PJL-1248 31/07 07/08 02/08 18/08 18/08 IRANMEELAO PJL-1238 30/08 15/07 11/07 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAUAN, ARMENIA, KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN,
      1,445 words
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      Page 33 Advertisements Column 2
      1859 33 ACCimm CMM TO/FROM 1 SHEKOU A HUANGPU I WIIKiY DIIMKT SAILING I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/L) I PTE HP #17-OS DIS BIDG SAIES/BKGS *****41/43 INWARD MPT (0/0) *****15 COSTAR AGENCIES (M) SDN BHD 42QS12S TEL 02-07-35 ***** FAX: 02-07-*****70 I \f~]
      1,859 words
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      Page 33 Advertisements Column 3
      379 33 I PDZ LINES SDN BHD A jf §y TONG J(X) SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUCMIMG-fASTtST TUNSIT/\ MUAKA PKIOKITY BUTN /j M 0 Cm MINN-DEDICATED GISOON f71l« 24/08 HUB TRADER 9705 23/08 fwHOCK 9722 26/08 APFIE ***** 27/08
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      Page 34 Advertisements Column 1
      1409 34 EUROPE/UKmNDWAVIA/RWAIto^mW S6P ROM ANW HBG THP ZEE LHV LMV TMP ROM MW HM PU SGP I REPUTE RW-010 24/1 M 12/N IMM 13/09 15/ M 16/09 17/09 E GIVEM RE 059 2M7 29/07 2M7 3M7 Jl/07 2S/09 2W6 E RACER RW-011 30/ M 19/01 25/09 ***** 22/09 ***** 24/09 E
      1,409 words
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      Page 34 Advertisements Column 2
      1164 34 lixporr VESSfI VOYAGE WMJUWUMMNimiM VESS9 VOYAGE MR MA AMJ MM UN SOP I UMCOtOW *****40N 7VM 07/W 07/W 0149 W/W 10*9 10/W 10/W UNI CtOW* 04**«7l 10/ M 10/01 MAN 12/ M 11/01 7S M I UM own 0471-Ml* 04/W 14/W 14/W IS/W 11/W 17/W 17/W 17/W UMCOHOtI 0447-034 C
      1,164 words
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      Page 34 Advertisements Column 3
      503 34 ffsk NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VKStt I VOT ISW I PUJ PUR CPT~ MJHAI WCtSS OltS 2S/M 13/W ltt/W mmiQUBI 07R 31/00 fll/W 13/W 17/W MjWM DtAGOM 001S 07/W 17/W 22/W 2S/W mmntiNa pits is/w »/w 02/10 jijglWjg 072S 24/W 02/10 oi/10 10/10 MOW 017S
      503 words
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      Page 35 Advertisements Column 1
      745 35 BSA -L mm MYANMA wBBk FIVE STAR LINE (Myonmar Notional Lino) Loading for Yangon (Rangoon) vessel vor sin roc pin pgu CHIN SHWT HAW 7W IN PT MALAYSIA AGINYS: lOUSTEAD SHIPPING AGENCIES MIL ni 02-03-*****00 PKI: Til 02-03-376*101 PIN: ni 02-04-2****** PGO: Til 02-07-*****21/4 BANK LINE (A %»ivie* of Andrtw
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      Page 35 Advertisements Column 2
      1219 35 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****32 TESSET VOY SIN lEH I RTM ANT I NAB I 61 I m HY6ARON JO4W 24/06 10/09 11/09 13/09 13/09 13/09 16/69 HY EMPEROR 367W 31/06 17/09 16/09 20/09 20/09 26/69 23/69 HY GENERAL 367W 07/09 24/09 25/09 27/09
      1,219 words
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      Page 35 Advertisements Column 3
      573 35 FAMOUS CONTAINER LINES lies 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 JT HOT UNE: *****33 (30 LINES) WEB PUE UOMSS: www.fnmsta.coin.sg E-MJUL ADDRESS: a4min@tamsln.coai.sg 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 QLOBEUNK
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      Page 36 Advertisements Column 1
      1058 36 lANQKOK/LAIM CHAOANQ JAKABTA/MNJANO wesncl voy sin bkk lch vessel voy sln jkt PJN M*AW BHUM 78N In Pt 28/06 NANTA BHUM ***** In Pt 23/06 *NAN BHUM 78NB 23/06 28/06 OANU BHUM OOttS 23/06 26/06 VAWTRA BHUM** 202N 24/06 27/06 28/06 ACX RUBY 028 2S/06 28/06 ym BHUM 16N 24/06
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      Page 36 Advertisements Column 2
      724 36 jj PUL INTERNATIONAL LINE PU^NTERNMONAL •I WhM 1 Mana Ait*** SOt CsftPry/IMM It 4 intatn Mrat Rim (auit tv IfM mm Wm JAJUUKA (UK 1) 5 SI6S/WK j yoy yjj SLA LiGCMO jSSS TIN FT (SI 124 ftf uii ij /if« dißiiwA —mr I fi/M \us I ly/H wh> M/M
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      Page 36 Advertisements Column 3
      716 36 ACCORD SHIPPING PTE LTD TM. s *****56 (40 Linas) PAX *****46 KtTKLAMG (93) M7IM) WEICT ACCISS Til: *****57 (EXPORT BOOKING) Hilt GUOAMC 107) 35! 1377 *****57 (EXPORT DOC), *****64 (IMPOST) KMAMC i (04) *****4» OStiMTTP://WWW. ACCORD.COM. SO WUUtTA (Jl) 440 4779 SAA^ POKT ITA SIN POtT Ilk SIN FOOT IT*
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      Page 36 Advertisements Column 4
      55 36 0 HANGLI SHIPPING DIRECT REGULAR SERVICE JAKARTA SURABAYA, JAKARTA 25 AH 29/08 P.MW 28 09 29 XX P. KALIMANTAN 02/09 03/09 P.SUMAIBM 10/01 11/09 P.JNNA SURABAYA 24/09 25/09 SHAN RJRYU 27/09 28/09 SHANNON EXPRESS 06/09 07/09 SHAM RJRYV) 12/09 13/09 SHATMON EXPRESS Owners: UNITED SHIPPING ORGANISATION PT. INDONESIA SHANNON SHIPPING
      55 words
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      Page 37 Advertisements Column 1
      351 37 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMi-CONTAiNERfSED SERVICE Y$L VOY D*M|M »UH6 MENEM ANTWERP KUTAI 39VYB 30/0 3/10 OMIT 7/11 TO AUSTRALIA FULL COWTAIWPI SERVtCE VOL VOY HE I m «YD Ma MA IMII UK KASUGAI V BIS ZIM 2M 31M DM MM 11M|I4M I mm mt vks 15m |i*m
      351 words
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      Page 37 Advertisements Column 2
      747 37 aaasPfl pacific international unes (pte) ltd I 140 Cecil Street, #03-00 PIL Building, Singapofß *****0. I CR N& **********06 |m-- m.> |a. iff, a a w. pBB s& s g in i a i i iii 1 J in Hiiiumt^Liiai 1 m 11 w ff: I »ori wawan WIHtTO Z/l_
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      Page 37 Advertisements Column 3
      862 37 VESSELS VOY I Sf4 I JED I PSO LEH HAW RTM THP ANR V-LE DC NORMA M2IW 27/08 06*08 08/08 17/08 Ijg 20/08 21/08 MM VKJ-E OC GEMPIA H2IW 31/08 10/08 12*08 21/08 22*08 24/08 25/06 28/09 J VMXE [yOWON Y2IW 07/08 17/08 18/08 26*08 28/08 01/10 02/10 03/10 VKXE
      862 words
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      Page 39 Advertisements Column 1
      38 39 To retrieve more schedules, just follow these simple steps... the port viEnteryour Step key in the four number M digit code Key in your Example: fax number To NEW YORK (NYC) 2275 United States for caUs within Singapore
      38 words
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      Page 41 Advertisements Column 1
      451 41 I VESSEL VOY SIN MAA SIN I TIGER WAVE 560N 24-25,08 30-02/09 07 08,09 R TIGER ISLAND 561N 24 2608 3105/09 10-11/09 I TIGER BRIDGE 5621 M 30-31/08 05-09/09 14-15/09 I TIGER BAY 563N 02 03W9 08-1109 18-19/09 I TIGER WAVE 564N 07 0&09 13-17/09 22 23WJ9 I TIGER ISLAND
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      Page 41 Advertisements Column 2
      754 41 FREIGHT LINKS 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 18/08 CAPETOWN 25/08 CHILE ETD SIN DURBAN 25/08 VALPARAISO 27/08 JOHANNESBURG 25/08 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 18/08 VALENCIA/BARCELONA 18/08
      754 words
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      Page 41 Advertisements Column 3
      912 41 IOOCL (Singapore) Pte Ltd CFS Keppei^isiipkj^^^iS^r^^^ti^ 79 Ahmm Road #21-04 *****6 Bfc 513 #01-12* t empky fft}) V aNO IIS7S7IOOOOM Uk 272 7127 ,J *269 ISO V 5 fat *****13 Fu 221 3942 Fi«: 272 7125 1 NOtTV AMIRICA USA/ CAN AAA AUSTRALIA TO USA SGP SfO OAK CHI MEM
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      Page 41 Advertisements Column 4
      126 41 Consolidation to CHINA PORTS •SHan tfkai Tianjin QMkfi p FREIGHTWORLD PTE LTD 3 Maritime Square #11-04 Cable Car Towers, Singapore *****4 GOODRICH MARITIME PTE LTD MMlSlfcbril #04 ?S« Sinatra *****4 m U *****59 L rm F«x: 744 ft 55,744*131 M 1 WB:ISS«I4A/IAUO«fY (EsmUbM Sim H7») E-wt goodnchQpabfk m< sg When
      126 words
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      Page 42 Advertisements Column 1
      786 42 —w SAMUDERA INDONESIA (S) PTE LTD —SP 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. *****(*****0 *****41/43 JESSICA/CELIA/MEI CHAN 7 slgs/week EEEHa 3 slgs/week I VESSEL [VOY [sm [JAK [VESSEL [VOY ISW ISUR ~l LALAZAR 976 23/08 (SAT) 27/08
      786 words
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      Page 42 Advertisements Column 2
      350 42 ■j RIPOUSAHAANPBAMRAN W KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/PALEMBANG/DUIMIAI I Vmml I Vey SIN JKT IfOANG PttNAi~ I I RACHNAHUU II f«7?7~ "mTOTI 20/00 01/09 I I HACHMANUEI HI fltm 28/Qol 81/00 00/H I I RAOMANUtI I 13/97 01/00 105/00 |11/80 I SURABAYA/PANJANG 1M» PERAWANG/PIKAN lARU I V..MI Ver
      350 words
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      Page 42 Advertisements Column 3
      1102 42 I pi YANG MMR IMF ..M *****J TWICE WEEKLY EVERY THURSDAY/SUHDAY U3222J ARRIVAL FIXED DAY-MONOAY ««»a VOY I JIN I CMt RTM HAM FXT LEH ANR VESSEL VOY LEH WT HAM ANR HFA I SIN MING WEST J733W124/081 10W 12/09 13/09 IVO9 MING STAR A727E SLD SID SLO SLD SLO
      1,102 words
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      Page 42 Advertisements Column 4
      428 42 e Singapore Soviet Shl|i|lng Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM PNG PKL TRADEFAST TFSI9S 28/08 05/09 20/00 22/09 KOTASELAMAT SMTO3I 03AM 11/00 26AM 28/09 TRANSCORD 104N 06/09 16/09 31/00 02/10 KOTACAHAYA CAHI9I 13/09 21/09 06/10 07/10 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA VESSEL VOY SIN
      428 words
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      Page 43 Advertisements Column 1
      1447 43 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE > VESSEL VOY St 4 I CMB I MIA GfN~ KN lIH |AM I FtL N HONGKONG 9732-3 22 AUG 26 AUG 04 SEP Q6 SEP Q8 SEP LLSEE 12 SEP 13 SEP MSC REBECCA 001R 25 AUG 29 AUG 07 SEP 09 SEP
      1,447 words
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      Page 43 Advertisements Column 2
      1510 43 S TO7 ISS! IS!, la, 1" l p l!» I ivpsa |m Isfo«|w6 Inmnlnw Iwt Ikooi Ihco IswiHTn^-n lALOME 1137 20. M 2i(W 22M 09.09 12 09 11M 07M MS. RHM( 2317 ISM' 19.01 KM HH ~77M —SIM ViZ £2 u« 22 2-2 M !H! °a-<***>*< tut KM UM »M
      1,510 words
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      Page 44 Advertisements Column 1
      439 44 SINO EXPRESS SHIPPING f 11 COLLYER QUAY #06-01 THE ARCADE fSINOTR ANSI J S (*****7). TEL: *****90 FAX: *****98 ij TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI immm wm «/w 37/ M ii/ii NORDSUND 9706 29/08 03/09 07/09 NEW HAIHUNG 9710 05/09
      439 words
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      Page 44 Advertisements Column 2
      263 44 am MAC-HELS S'PORE M'SIA I Carrier: MN CONTfI LINES, IMC I Jcm NO-. **********0 C SBU: (064) *****9 MANILA: (832) *****61 V W PENANG: (04) *****6 BANGKOK; (662) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT (21) *****07 MDN: (61) *****3 m ASHPOP MV "PACIFIC EAGU" V4SN MV "ZIM
      263 words
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      Page 44 Advertisements Column 3
      132 44 HmuRAT KJRAN 21/08 Nan/RdnVAtw/Bmn/UK I storm WIND 30/08 NmffidnVAtWUK I ocean ISLAND 08/09 NwVndrrVAtw/UK I Loads E/W. Maiaysta. Indonesia I LID4AS JeddaTvAqabal/Algena I IcLIPPER KAWA I ESPERANZA C Jeddah/Aqaba/Tnpo4i I ■trade BANNER Hodeidah/Jeddah/Aqaba/Egypt I I 'Loads Singapore, E7W Malaysia Indonesia I I Loadngtor "W ■ocean FRIEND Los Ange OrtesrvOwleston/ Norfoik/Camden
      132 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      117 45 LiGENO: R Thunderstorm Temperotvre °q V Shower Weother _X Wind direction with speed in knots Rom Cloudy Sky Wov Swfoce wind* ore indicated by orrows wkicti fly with tfce wind One M circle represents calm or bght ond vonable winds J__ One hoW Heche represents 5 knots L_» One KM
      117 words
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