The Business Times, 11 December 1997

Total Pages: 42
1 42 The Business Times
  • 14 1 THE BUSINESS TIMES MIT A (P) 02JV12/96 85f SINGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, DECEMBER 11,1997
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  • 645 1  -  But company says Asian cnrrency turmoil is likely to hit its sales growth By, Jennifer Lien [SINGAPORE! Creative Technology yesterday announced a US$77 million (Ssl2s million) purchase its biggest ever of US-based sound card maker Ensoniq Corp, but disappointed shareholders by disclosing the Asian currency
    ARTHUR LEE  -  645 words
  • 730 1  - while IPC hits another bump over Hagenuk purchase Mobikom investor files 50m mark plan for Hagenuk By, Annette Pau [SINGAPORE] Hagenuk Telecom, the German associate of Singapore-listed IPC Corp recently put under court protection, has drawn the interest of a German businessman after news that a takeover by IPC Corp
    730 words
  • 757 1  -  By i Christopher Tan Benjamin Tan [SINGAPORE] Good news if you're shopping for a Merce-des-Benz, not-so-good news if it's a BMW you're eyeing. In response to the massive fall in COE premiums especially those for big cars most motor traders, including
    757 words
  • 1222 1  -  Higher prices, shortages could hearten tension From, S N Vasuki in Jogjakarta AFTER a prolonged dry spell, the monsoon season has finally arrived In the fertile plains of Central Java. But farmers in this dense-ly-populated province, whose small holdings contribute a
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  • Page 1 Advertisements
    • 139 1 ctr rope BUI "I can drive away a car, return it, ana me owner wont even know it Vary easy," Pfl3 "ft V. V' kftflks The Malaysian central bank will ctoee down troubled banks, bat it will safeguard the interests of depositors, s&id its governor Ahmad Don, Wtn'prmn Malaysia's Se<j||rities
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    • 59 1 The Living Legend wSJltl fjfljg/t >flelßp Wortd Premiere: Bi-Retro Collection Minute Date Retrograde with Jumping Hour I gerald genta THE HOUR GLASS Takashimaya S. C Td: 734 2420 Scot* S. C Tel: 235 6527 Lucky Plaza Td: 733 1262 Centrepolnt Td: 734 1598 Peninsula Plaza Td: 337 8309 Raffles Hotd
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  • SINGAPORE AT HOME & ABROAD
    • 382 2  -  Gmpaiiy cautions about current turmoil tat sajs it win t scale down Asian operations Reports by' Ven Sreenivasan SEMICONDUCTOR giant SGS-Thomson Microelectronics may slow the pace of its investments in the region amid the prevailing economic and currency turmoil. Jean-Claude Marquet, corporate vice-president
      FILE PHOTO  -  382 words
    • 277 2 THE Economic Development Board (EDB) is stepping up its coordination with institutions of higher learning to increase the output of technically trained personnel to meet the needs of the manufacturing and international services sectors for the next five years. The EDB forecasts that investments
      277 words
    • 380 2  -  EYE ON TOE ECONOMY Telecommunications By: David Boey THE number of pager subscribers in Singapore has grown sharply, thanks to lower prices of beepers as a result of competition among the four players here. According to the Telecommunication Authority of Singapore, there were 170,000 new subscribers
      Source: TAS  -  380 words
    • 139 2 THIS year's National Training Award winners for the manufacturing and service sectors are IBM Singapore and New Changi Hospital respectively. The winner for the small and medium enterprises category will be announced today. The annual Singapore Productivity and Standards Board award honours companies
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    • 502 3  -  Economic crisis, slow regional demand means some planned plants will be shelved By 1 Ronnie Lim AT LEAST two tough years to ride out before a cyclical upswing in the years 2000/2001 that's the medium-term outlook for Petrochemical Corporation of Singapore's $3.4 billion second complex, or
      502 words
    • NEWS Roundup
      • 59 3 DEPUTY Prime Minister Lee Hsien Loong was found to be in excellent health with no sign of recurrence of lymphoma during a routine medical check-up on Tuesday, his press secretary Julian Cheong said yesterday. The check-up included a physical examination, scans, blood tests
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      • 33 3 MORE air-conditioned buses will be on the roads on public demand. The Public Transport Council will ask operators to have eight aircon buses in every 10 of their fleet.
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    • 67 3 Corrections clarifications i JN a report yesterday—"OPH's Leong Horn Kee steps aside as head of naf 1 devt GfC" —we wrongly said that Home Affairs Minister Wong Kan Seng is the chief whip of the People's Action Party. Mr Wong is the Leader of the House and the PAFs Second
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    • 347 3  -  Annual base salaries forecast to rise 7% next year By' Teh Hooi Ling EXECUTIVES' salary growth this year dipped slightly to 7 per cent from 7.9 per cent last year, a survey by Hay Management Consultants showed.
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    • 289 3  -  By Clarissa Tan THE fall in COE prices in the latest January tender has prompted some gear shifting among prospective car buyers. In the case of Keith Chia, a public affairs executive with Singapore Airlines, he has moved up his plans to buy
      289 words
  • Page 2 Advertisements
    • 116 2 KOREAN AIR FLIES EVERY NIGHT. NON-STOP TO SEOULKorean Air flies nightly, non-stop from Singapore to these flights, three nights a week you can to Seoul. Which means after a hard day's work in fty to Seoul via Bangkok, and one night a week Singapore, you can get a great night's
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    • 93 2 SESjTHE \h I loi s kitchen is located on W" "W" I level 4 lanolin Mall (iratlcis Hotel L/V/V/illJ A V/V/Lf Pooldcck). Open daik Irom (v >opin and lot lunch on saiurdax and Suiulav. C all S > I 4 >7 > loi reservations. KUMPOLES 1 I Iraders ale is
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    • 16 2 FlxTnT 2 See Sunday fait** a Sunday Classified special on antiques, collectors' items, and arts crafts
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  • Page 3 Advertisements
    • 461 3 H MIKIMOTO The Originator of Cultured Pearls Since 1893 *****9^ -'S Is -'.v* Ik it I TIME KNOWS jjtr ■HB U P t0 i ts distinction as the oldest tense of adventure, courage sad U Every watch drawing since watchmaking company in the world, Vacheron Constantin craftsmen today pursue horological
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    • 21 3 FOUND SOMETHING? Locate its owner through Classification 821 (Found). t Simply call CJLTA. at 1800-737-1166 for this free service. ,W. Cte—.itflm+m
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  • FOCUS: PROPERTY
    • 714 4  -  Convenient location makes area popular with expat tenants, say analysts By, Jenny Lam [SINGAPORE] PRICES in the prime Newton/Moulmein area are expected to hold up despite 1,100 new condo apartments due to come onstream in the next one to two years, and more in neighbouring
      ARTHUR LEE  -  714 words
    • 770 4  -  Sydney's Regent Hotel under receivership; regional crisis seen taking toU on tourism By] Frances Lui [SINGAPORE] It looks as if the Asian infatuation with Australian hotel properties over the past few years is beginning to wane amid the regional turmoil. Industry sources told BT
      770 words
    • 1081 4 Property transactions for districts 11 and 21 (stctors 26 to 30 and 58 to 59) lodged bHumn Nov 6 and Dtc 1) sirt ssr (SOFT) OTOOO 69 District T1 (Sectors 28 to 30) BfrminghamMara Apt QO907 Fh 1066 W72 1100 Birmingham Mara Apt 13kO907 Fh 1066 1f72 HOO
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  • Page 4 Advertisements
    • 61 4 Located in Jurong East f ,oor trunking International Business Park Floor to ceiling windows Close to Jurong East MRT station and bus interchange f!.^ access public transport Ideal for hi-tech companies eg R& D, Product Design, Ample car Park lots Software Development etc Attractive rental package Impressive corporate facade Scheduled
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    • 152 4 61AUPUNKT RADIOPHONC World 1 Pint Car Radio Caaaette Player integrates die GSM Mobile Phone A Hands free kit that lets you make telephone calls AH you need to operate is your GSM SIM Card. TAC NO. PRNEQ-CMRS-G-0773-97 Upgrading with Blaupunkt original custom-made speakers for BMW 3 A 3 series, Mercedez
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  • Page 5 Advertisements
    • 151 5 James Bond's Choice fill Kg "f^. .%> I B A&Sra I■ ■?'y aßi." H IS I 1 I /JL b, Hi B B v Wg bb I JHh*: iffciJft 4 vT >T ff///|i| n M J Kgii^^HE2iMf%BVVlHni^K^B47>\ fc inrTlMlllßMn U7f Ijyi n BMJ [2 vl ■W'ti; B htLil Ij§%l Lfc.
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  • MARKETS IN TURMOIL
    • 739 6  -  But he promises interests of depositors will be protected amid talk of bank failures From Eddie Toh in Kuala Lumpur THE Malaysian central bank will close down troubled banks but it will safeguard the interests of depositors, said its governor
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    • 410 6  -  Opening of ADB's Development Institute He says China could face S-EA type tnrmoil if it deregulates From> Anthony Rowley in Tokyo ASIAN Development Bank president Mitsuo Sato yesterday hinted that unrestrained capital account liberalisation helped bring about the financial and economic crisis in
      410 words
    • 297 6 AFP [TOKYO] Japan's Vice Finance Minister Eisuke Sakakibara said yesterday that a mechanism to monitor capital inflows was needed to prevent a currency crisis similar to that which has hit Asia. He also cautioned against full liberalisation of foreign currency transactions in
      AFP  -  297 words
    • 134 6 AFX-Asia [LONDON] THE International Monetary Fund is moving rapidly to create a large-scale lending programme designed to bail out countries that have lost the confidence of foreign investors, the Wall Street Journal Europe reported, citing details of the plan obtained by the newspaper. A proposal
      AFX-Asia  -  134 words
    • 648 6  -  From. Jennifer Veale in Seoul SOUTH Korea drew closer to a financial meltdown yesterday as the battered won plunged for the third consecutive day despite government efforts to inject liquidity into the cashstarved system. Even as the government moved to suspend the
      AFP; Source: Dow Jones  -  648 words
    • 598 6  -  Analysts say recovery is temporary, govt most mull hard options By S N Vasuki (JAKARTA] The Indonesian rupiah gained some ground yesterday, as President Suharto held a meeting with senior ministers at his residence to demonstrate that he was in good health, contrary
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    • 317 6 Reuters [BANGKOK] Thailand's cabinet on Tuesday approved an action plan to relieve the strains of unemployment as joblessness climbs amid the ongoing financial crisis, the labour minister said. Labour and Social Welfare Minister Trairong Suwankhiri said his ministry's proposal was designed to
      Reuters  -  317 words
    • 296 6 Lower house approves extending public foods to banks that merge Bloomberg [TOKYO] Japan's lower house of parliament approved legislation that will broaden the scope of a fund to protect the nation's bank depositors. The legislation will allow financially troubled banks that agree to merge
      Bloomberg  -  296 words
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  • SOUTH-EAST ASIA
    • 470 7 KUALA LUMPUR New bill allows Malaysian regulators to initiate civil action in fraud cases NST MALAYSIA'S Securities Commission will be given more teeth in its role as the watchdog of listed firms under a bill tabled in parliament on Tuesday.
      NST  -  470 words
    • 140 7 MANILA AFP PRESIDENT Fidel Ramos will today sign into law an act that completes the overhaul of the Philippines' tax system. The statute which revises the personal and corporate in-come-tax schedules "will be signed tomorrow (Thursday)", Mr Ramos said. The measure, part
      AFP  -  140 words
    • 220 7 TEHERAN AFP MALAYSIAN Prime Minister yesterday urged Islamic leaders meeting here to smash attempts by the United States to sabotage trade between Muslim countries, the official Iranian news agency Irna said. "The United States is putting obstacles in the way of economic cooperation
      AFP  -  220 words
    • 333 7 KUALA LUMPUR Govt contribution halved to RMl4J>m in austerity drive AFP THE Malaysian government has halved its contribution to the costs of the closing and opening ceremonies of next year's Commonwealth Games under an austerity drive, organisers said yesterday. The initial budget was supposed
      AFP  -  333 words
  • Page 7 Advertisements
    • 121 7 > i n v f? A jT rv v^f'», lr V'' t; Jbft h*• 5x Wv' 'a- W," j If- '1 r t| i ll ■v f| '<#3 t -111 Bfe. j§,, j "S£. ir rr-f <4H "i- n v < Afc shm -1 HH fiHne fe 4 1 Ifc^
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  • Page 8 Advertisements
    • 317 8 Pentium* Ifioeriioii EXTREME POWER USERS ONLY. The new ThinkPad 770 isn't just a notebook for power users; it's the on/y PC Computing called it "cutting-edge technology" and raved about notebook for power users. But why? its "first-rate usability". (Perhaps its 233 MHz Pentium® processor Because it's equipped for the future,
      317 words

  • CHINA-HONGKONG-TAIWAN
    • 607 9  -  CHDUViTOH Venturing out will serve to Improve quality of China's Anns By Lu Ning STATE-OWNED China NaUonal Nonferrous Metals Co Is bidding for a large stake in a big Chilean copper mine to secure supplies to satisfy its huge domestic needs, it was
      607 words
    • 334 9 TAIPEI bllSlll€SSoB say referendum hinders investments; Taipei fears backlash AFP FOREIGN businesses in Tai#an yesterday objected to a possible referendum over a NT$5O billion (552.5 billion) major investment project by Germany's Bayer Group. "The referendum concept, as part of the
      AFP  -  334 words
    • 252 9 B WASHINGTON Bridge News CHINA has told the US that it wants an agreement on its bid to join the World Trade Organisation (WTO) by May 1998 when the Geneva-based world trade body holds its summit for member nations, Kyodo
      Bridge News  -  252 words
    • 201 9 HONGKONG AFP COPYRIGHT organisations yesterday announced a HKJI.2 million (*****.400) reward plan to encourage people to give information against copyright pirates, a senior government official said. Six international and one local organisation have put up the money to provide rewards of between HK$5,OOO and HK$lOO,OOO
      AFP  -  201 words
    • 187 9 BEIJING Reuters AUSTRALIA'S Minister of Foreign Affairs Alexander Downer yesterday hailed 25 years of ties with China but said the rising Asian power must open its economy further to enjoy more growth. Mr Downer, in the Chinese capital on an official visit to mark
      Reuters  -  187 words
  • Page 9 Advertisements
    • 154 9 Wt- Hl» < io.®SMf« will ancf ||^9bH|^HH^ your >T££ v-sk Singltet %j better grasp mm': advantages of Free p h an us call I I Beca*se the y at 166 (toll-free) or fox S"|INN isn't just any us at ISM-733-155S f, |\a. i for an application.p| >f4^^^S^o^^v6** 1 works by
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  • ASIA
    • 366 10 TOKYO Finns broke law by paying3B4m yen to racketeer, it says Bloomberg JAPANESE financial regulators said Daiwa Securities Co and Nikko Securities Co broke the law by paying 384.3 million yen (Ss4.B million) to a racketeer and asked the Ministry of Finance
      Bloomberg  -  366 words
    • 120 10 CANBERRA Reuters AUSTRALIAN Treasurer Peter Costello yesterday released reform proposals that he said will facilitate electronic commerce for both business and consumers. The proposals, part of the Corporate Law Economic Reform Programme, include amending legislation to enable the electronic settlement of transactions in Commonwealth government
      Reuters  -  120 words
    • 369 10 TOKYO Weak yen boosts anto and computer-related exports, says AFP JAPAN'S current account surplus in October ballooned 220.2 per cent from a year earlier, boosted by brisk auto and computer-related exports on the back of a weak yen, the finance ministry said
      AFP  -  369 words
    • 47 10 [SHANGHAI] A South Korean mother wrapping her two children inside her coat as the thermometer plunged to -11.3 Celsius in Seoul yesterday. The cold weather, coupled with the country's worsening financial crisis, is sending the nation into a state of anxiety and depression. REUTER
      REUTER  -  47 words
    • 372 10 SINGAPORE AFP GROWTH of personal computer (PC) sales in Asia is expected to slow down in the last quarter and into 1998 because of the regional currency crisis, a technology research •firm said yesterday. International Data Corp (IDC) said next
      AFP  -  372 words
    • 352 10 WELLINGTON Reuters DEPUTY Prime Minister Winston Peters yesterday reaffirmed his New Zealand First party as centrist, and denied there would be a move to the right in a coalition led since Monday by Prime Minister Jenny Shipley. "There will be
      Reuters  -  352 words
    • 335 10 NEW DELHI Hie party feels tnly she has the charisma to sway the electorate AFP INDIA'S Congress Party yesterday stepped up its pressure on Sonia Gandhi, widow of slain former premier Rajiv Gandhi, by formally asking her to lead its upcoming election campaign. "If
      AFP  -  335 words
  • Page 10 Advertisements
    • 245 10 I MBA I Liverpool John Moores University, United Kingdom One Year Full Time Commencing January 1998 or September 1998 The Liverpool Business School follows a long tradition of business, management and accounting education at Liverpool John Moores University and is one of the largest Business Schools in the United Kingdom.
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  • THE WORLD
    • WORLD Watch
      • 79 11 Reuters {KYOTO] A UN meeting on global warming went into an extra day yesterday and a senior US official said chance* of an agreement on reducing greenhouse gas emissions wore down to 30 per cent In a bleak forecast about a possible collapse of the
        Reuters  -  79 words
      • 78 11 Reuters [GENEVA] Landmark talks aimed at bringing lasting peace to the Korean Peninsula ended yesterday with an agreement to return to Geneva in March, US Assistant Secretary of State for Asia and Pacific Af&irs Stanley Roth said. Mr Roth told a news conference after
        Reuters  -  78 words
      • 38 11 Reuters [MOSCOW] Russian President Boris Yeltsin has an acute respiratory viral infection resulting from a cold and will stay at a sanatorium outside Moscow for 10 to 12 days, the Kremlin confirmed yesterday.—Reuters
        Reuters  -  38 words
      • 77 11 Reuters [LONDON] British Prime Minister Tony Blair yesterday prepared to face down his first major Internal revolt, with up to 20 Labour MPs set to vote against a bill cutting single mothers' welfare payments. The government wants to reduce state benefits for
        Reuters  -  77 words
      • 62 11 AFP [LONDON] Christie's, one of the world s oldest auction houses, is considering whether to accept a revised takeover bid from a mysterious suitor, after rejecting an offer earlier this week. The British-based auctioneer said it had received "a modified preliminary approach in relation to
        AFP  -  62 words
    • 413 11 WASHINGTON L Deficit on track to exceed USsl4Bb 1 posted for 1996 Bloomberg [WASHINGTON] The US trade deficit in goods, services and investments widened to U5542.16 billion (5568.4 billion) in the third quarter, as the fallout from the Asian financial crisis
      Bloomberg  -  413 words
    • 266 11 WASHINGTON Bloomberg CONSUMER advocacy and business groups, seeking to lower long-distance phone rates, are asking US federal regulators to slash fees local phone companies charge longdistance companies to complete calls. Their bid is the latest salvo in a long fight over how
      Bloomberg  -  266 words
    • 552 11 WASHINGTON US firms won't be aUe to sustain profit growth in D 8 due to Asian crisis; analysts Reuters THE last time the US stock market was near current levels, Federal Reserve chairman Alan Greenspan felt compelled to warn investors
      Reuters  -  552 words
    • 319 11 GENEVA AIG objects to KL policy of majority domestic ownership AFP A ROW between the US and Malaysia over investment guarantees remains unresolved, officials said here yesterday as negotiators rushed to seal a vast deal liberalising global financial services by the
      AFP  -  319 words
  • Page 11 Advertisements
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    • 19 11 n know? J I read it in "THa*: I Citck eat* 1 Mmi I) Siiiif Clittifiri this niliiii. ffesssauiaaa
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    • 116 11 7v t JH> The kind of studs a woman loves to receive for Christmas. Don't waste time. Pick up a gorgeous pair of studs from our brand new Christmas earring collections. But why stop theref Choose from our wide selection of dazzling necklaces, sparkling rings and loveable bracelets too. Unique
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  • EDITORIAL & OPINION
    • 771 12  -  THE BOTTOM LDVB OPINION By A M Rosenthal The writer is a columnist for The New York Times FOR seven years Saddam Hussein has murdered Iraqi children, thousands. He refuses to provide the foreign food and medicine they must have. They die; he
      771 words
    • 93 12 'We don't have any skeletons in our policy closet. We don't even have a closet.' Oesar Baotista Philippines Trade and Industry Secretary on why his country has emerged relatively unscathed from Asia's economic turmoil. 'In the past, we could not get even enough to eat Now we
      93 words
    • 697 12 EDITORIAL IT is now almost certain that Japan will employ public money to finance an injection of funds into the official Deposit Insurance Corporation (DIC) as a backstop against further bank failures. It is by no means certain, however, that public aid will also extend to
      697 words
    • 1182 12  -  Former US National Security Adviser Zbigniew Brzezinski gives some helpful and not so helpful tips By Leon Hadar The writer is BT's Washington correspondent THE NOTION that the end of the Cold War has transformed the United States into the world's only remaining superpower is
      FILE PHOTO  -  1,182 words
    • 825 12 Reviving MarstauUi MORE than four years have passed since May 1993, when Marsinah, a labour activist, died a gruesome martyr's death defending the rights of her fellow workers at a small watch manufacturing plant in Surabaya. As may be recalled, her death and the tangled court
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  • Page 12 Miscellaneous
    • 28 12 DOONESBURY By Garry Trudeau icAfrtsrMPmwk L KNOW, THAT YOUNG f* HPYOUSeBUHO MMftjHORMXWNST I jgg* M TH& GOVERNOR. I f -./rr A HZM?ACOJ&POF*. I p&SfVU OF„(OHATUJAeiT? IS WpM K^9^h^H
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  • EXECUTIVE LIFESTYLE
    • BUMPER to BUMPER
      • 73 13 NISSAN Motor Co has teamed up with NTT Mobile Communications Network, Hitachi and Zenrin to form an information services company. Called Compasslink Corp, it will provide drivers in Japan with information they need through an operator, a cell phone and a navigational system. Traffic conditions,
        73 words
      • 40 13 THIS is the ZO7, BMW's concept successor to the legendary 507 sports car. It has an eight-cylinder engine with a six-speed sequential gearbox, and new springs. Whether the car will go into production has not been decided.
        40 words
      • 87 13 THE Audi A 6 is now available with a 1.8-litre power plant. The recently developed four-cylinder aluminium engine incorporates five-valve technology and produces 125 horses and a torque of 168 newton-metres at 3,500rpm. The new car, available from next year, is capable of a respectable
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      • 81 13 HARLEY-Davidson is celebrating its 95th anniversary next year with a limited edition range of bikes. For the Singapore market, there will be six XLI2OOC Sportster 1200 Customs, four FLSTF Fat Boys, four FLSTS Heritage Springers, three FLHTCUI Ultra Electra Glides and two FLHRCI Road King
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      • 57 13 DELPHI Automotive Systems has developed a liquid-cooled generator, an increasingly necessary innovation in today's high-performance cars. Because of features such as turbo-charging, temperatures under the bonnet can reach 125 degrees Celsius—a level at which air-cooled generators simply can't function. Delphi's liquid-cooled device uses the vehicle's existing engine
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      • 58 13 THE Audi Al2 concept takes on a pick-up truck look here. Called the Al2 Open End, the car's roof and tailgate retract (in opposite directions) at the push of a button to create an avant garde utility vehicle. A flatbed rear accommodates a
        58 words
      • 43 13 NISSAN is developing a lead-free anti-corrosion undercoating that is friendlier to the environment. In cooperation with several paint makers, it is working on a substitute that contains phosphoric acid and "a harmless heavy metal with high anti-corrosion performance".
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      • 107 13  -  Compiled by Christopher Tan FINALLY, here are some useless numbers. By 2000, Daimler-Benz will make 25 per cent of Mercedes-Benzes outside Germany, up from just 5 per cent today. By 2005, Toyota estimates 33 per cent of new car sales in the world will be made up of
        107 words
    • 1380 13  -  It's 1.30 in the morning, do you know where your car is? If you don't there's a certain group of people who might know. Christopher taw gathers the following story after talking to three of them CHRISTOPHER TAN mi CAN drive ■I away a mm
      ARTHUR LEE  -  1,380 words
    • 251 13 TEN things your hire-pur-chase agent never told you: ♦Exactly how many vehicles are repossessed each month? Only the police know for sure. But a spokesman said the CID did not collate such data and it would be too manpower-inten-sive to do so
      251 words
  • Page 13 Advertisements
    • 9 13 J The Straits Times Classified where dreams become reality.
      9 words
    • 131 13 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      131 words
    • 167 13 SALUT RESTAURANT 8c WINE BAR "Border Cuisine' f 3-COURSE Christmas Set Lunch Menu AT $42+++ PER PERSON 15th 24th December 1997 4► Ideal for corporate or social Christmas Luncheons and gatherings To pCace reservations, request for the Christmas Set Lunch menu or location map, please coil E(oise Ong at 225~7555
      167 words

  • A LEAGUE OF THEIR OWN
    • 2048 14  - Deirdre Moss animals' best Mend A wish to help led her to SPCAI4 years ago but the exec officer has grown to see her vocation as a calling from above, says jaime ee JAIME EE Animals look up to Deirdre Moss. It's not that she's taller, or that some dogs
      SIEW YAW HOONG  -  2,048 words
  • Page 14 Advertisements
    • 137 14 Hidden gems are the most intriguing. Reverso Joaillerie. r Reverso. AvantGARDE SINCE 1031. "'.lsßßnißl|Sa|Bßyy WATCHMAKER AND THE JEWELLER \^|39b3^3Ek^P^9|^B|^^^|^E3B^4«§ COMBINE THEIR SKILLS IN TRIBUTE TO YOUR W most precious "A^j^My^^^^g^^jpßßlHfeBßFjaHHH» POSSESSIONS: YOUR #>?C IDENTITY AND YOUR time. The essential vVmHE^;'''' N\*HOURS AND MINUTES V \fegßafe OF YOUR LIFE ARE FAITHFULLY
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  • Page 15 Advertisements
    • 886 15 Buy It. Sell It. Find It. Classified. f& CATS. Call Today For Results Tomorrow. **********6 tWhere to wine, dine and entertain... "-s *****45 The Hul>ertus Grill returns by popular demand or Xmas I .Eve Day and New Year's Hve& Day only. Serving our renowned gourmet buffet. So call 839 1555
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    • 180 15 Spices of Sichuan jjJ From 3 14 December 1997. savour cuisine from this province J\l specially prepared by two specialty chefs from Lai Lai Sheraton, Taipei. Join us as we bring you the best in Sichuan Cuisine served in the exquisite setting of Pine Court Chinese Restaurant reminiscent of the
      180 words
  • Page 15 Miscellaneous
    • 797 15 TV&RAPIO m 8.00 Phua Chu Kang Pte Ltd 8.00 Berita 12. < Frankie's Foe (See Our 830 Festival Filem ICI Dulux: 2.00 PM TV Innovations. Choice). Layar 12 —Si Djago. 2.3# The Winners. 830 New Adventures Of Rob- 1030 Marry Me. 3.00 Money, Money, Money. in Hood The Road To
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    • 269 15 CRYPTIC CROSSWORD across mar —i —b—i —r—i —u—] —F~\ 1 Neat deterrent on the way (6-4) 9 One may indicate sharp pieces of calcite and compound (10) SB 13 Woman's appointment about noon with abominable sort (7) ,1 12 13 I 1 I I 9| 15 Hide pictures of military
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  • Page 16 Advertisements
    • 56 16 i ■fa &U* 4];iflflsv&ji^cl •<s«■I must have lookcu pretty worn out wrcq IwM $iayi|i§ at i.gfe'-iSipy ffl »1,0 just {Doycc osck to Singapore and was having a naru time fiodins mi spsrtßi^tk gg M 1I iwi l pi i*ai t- S WELCOME HOME Sheraton Towers Singapore. Thirty-Nine Scotts Road Singapore
      56 words

  • COMPANIES & MARKETS
    • 470 17  -  They aim to Up rale allowing investment in stocks listed in US, Japan and Germany By\ Shiv Taneja [SINGAPORE] A slew of new Central Provident Fund-ap-proved unit trusts are slated for launch over the next several weeks, as fund managers aim to
      470 words
    • 177 17 [SINGAPORE] Phone cord maker Huan Hsin Holdings has revised some of the terms in its U552.55 million (Ss4.l million) investment in Chaoji Holdings, the company said yesterday. The investment wiU represent a 51 per cent stake in Chaoji, as previously announced. However, Hsu
      177 words
    • 287 17 [SINGAPORE] The deputy chief executive of Cable Wireless pic (C&W) said yesterday he was very pleased with the group's investment in Singapore, in particular its interest in Mobile One, which has secured nearly 20 per cent of the market share in the mobile phone market
      287 words
    • 658 17  -  HOCK LOCK SIEW Al Labita IT would seem fiitile for San Miguel Corp (SMC) to mount a counter attack against the takeover assault of Indonesia's Salim Group. By all indications, Salim's backdoor entry into SMC appears to have the blessings of
      658 words
    • 220 17  -  By Ven Sreenivasan (SINGAPORE] Singapore Bus Service Ltd (SBS Bus) saw active trading on its first day on the mainboard following the restructuring of Singapore Bus Service (1978) Ltd three months ago. The stock oscillated between an intraday high of $1 and a low
      220 words
    • 115 17 Bloomberg [SINGAPORE] Easyknit International Holdings Ltd announced it is raising HK$49O million (*****.7 million) through a rights offer. According to the Hong-kong-based maker of knitting equipment, the shares will be offered at 10 Hongkong cents each on the basis of three shares for
      Bloomberg  -  115 words
    • COMPANIES
      • 478 18  -  C&dbnry Schweppes, China firm also in Gnangzhou tie-up From Loh Hui Yin in Guangzhou SOFT drinks manufacturer Yeo Hiap Seng and its longtime partner Cadbury Schweppes have set up a US$6 million (559.7 million) joint venture in Guangzhou to manufacture the Oasis
        478 words
      • 141 18 Bernama [KUALA LUMPUR] Petronas Gas Bhd yesterday reported a 17 per cent increase in its pretax profit for the six months ended Sept 30 to 505.31 million Malaysian ringgit (*****.8 million) from RM431.75 million in the previous corresponding period. The company said
        Bernama  -  141 words
      • 496 18 It is said to be eyeing 80-man team at Nat West Markets in Hongkong Bloomberg [HONGKONG] As foreign investment banks in Asia shed businesses and staff in the face of crumbling markets, China Everbright Holdings Co, an investment arm of China's
        Bloomberg  -  496 words
      • COMPANY Briefs
        • 79 18 [SINGAPORE] At the close of Samta Investment's offer for Apollo Enterprises' shares and warrants yesterday, Samta received valid acceptances for 33.04 million shares and 6.44 million warrants. That represented about 21.41 per cent of Apollo's issued share capital and 18.84 per cent of its outstanding warrants.
          79 words
        • 81 18 Reuters [KUALA LUMPUR] MBf Holdings has dropped plans to acquire a bank due to current market conditions, the national Bernama news agency reported. Officials at MBf could not be immediately reached for comment. MBf Holdings and its affiliate MBf Capital had suspended their shares
          Reuters  -  81 words
        • 77 18 AFP [KUALA LUMPUR] The Kuala Lumpur Options and Financial Futures Exchange (Kloffe) said yesterday that daily trading would be extended by half-an-hour from next week. The move is to align trading hours with the KLSE, which announced on Tuesday that trading would start 30 minutes earlier
          AFP  -  77 words
        • 138 18 Bernama [KUALA LUMPUR] Kuala Lumpur Kepong said group pre-tax profit fell 10 per cent to 271.1 million Malaysian ringgit (*****.5 million) for the year ended Sept 30. But it felt that the current higher palm product prices would help it achieve better results in 1998.
          Bernama  -  138 words
      • 253 18 Bloomberg [KUALA LUMPUR] Wing Tiek Holdings Bhd, a Malaysian steel maker, said two banks have asked it to repay loans totalling 15 million Malaysian ringgit (556.6 million). Wing Tiek said it had received claims from Deutsche Bank (Malaysia) for RMS million and Bumiputra Merchant
        Bloomberg  -  253 words
      • 391 18 Kestrel stockbrokmg arm has limited market exposure Bernama [KUALA LUMPUR] With the current downturn in the stock market, Tongkah Holdings Bhd feels that its manufacturing division will be the main contributor to its bottomline in the future, said executive chairman cum chief executive
        Bernama; FILE PHOTO  -  391 words
      • 173 18 Bernama [KUALA LUMPUR] John Hancock International Holdings, which holds a 32.3 per cent stake in John Hancock Life Insurance (JHLI), has been granted a waiver by the Securities Commission from the obligation to undertake a mandatory general offer for the remaining voting rights in
        Bernama  -  173 words
      • 298 18 Bloomberg [KUALA LUMPUR] Malaysia's Intria Bhd said it will keep the option to cede its control of Costa in pic, a UK construction company, to Sweden's largest construction company Skanska AB. "So far, Skanska has not indicated whether they will exercise the
        Bloomberg  -  298 words
      • 465 19 Wall Street Analysts slashing earnings forecasts for most segments of industry Reuters [PALO ALTO, California] Technology stocks likely will lag behind the rest of the stock market for the next three months as Asia's economic illness eats into the earnings of
        Reuters  -  465 words
      • 290 19 Reuters [MOUNTAIN VIEW, California] Forecasting 15 per cent personal computer sales growth during the fourth quarter, International Data Corp on Tuesday said the industry will continue to be dominated by the "big four" vendors. These four
        Reuters  -  290 words
      • 281 19 It's taking USs63om charge to cut 2,500 jobs, close plants FT [NEW YORK] Philip Morris, the US tobacco and food group, will take a US$63O million (Ssl billion) charge to restructure its poorly performing Kraft Foods International business, cutting 2,500 jobs or 8 per cent
        FT  -  281 words
      • 378 19 Massive paper loss results from US$9 dive in share price Bloomberg [REDWOOD SHORES, California] Oracle Corp chairman and chief executive Larry Ellison, once the fourth wealthiest person in the US, lost a quick US$2.l4 billion (553.47 billion) on paper as shares of his
        Bloomberg; FILE PHOTO; Source: Bloomberg  -  378 words
      • 145 19 Reuters [HONGKONG] HSBC Holdings said yesterday that Hongkongßank of Canada reported consolidated net income of C 5138.3 miUion (*****.7 million) for the year to Oct 31, a 17 per cent rise from a year ago. The bank had total assets of C
        Reuters  -  145 words
    • FINANCE & COMMODITIES
      • 395 20 Aoditors fail to ensure independence from public firms they audit, it says Bloomberg [WASHINGTON] The Securities and Exchange Commission will file charges against accounting firms of different sizes next year for failing to ensure their independence from public companies they audit, an
        Bloomberg  -  395 words
      • 319 20 Bloomberg [HOUSTON] Oil companies will spend more to find oil and natural gas in 1998 and expect to hire more workers, a closely watched survey indicates. Companies are optimistic about the energy industry's future because they believe oil and natural gas demand will
        Bloomberg  -  319 words
      • 51 20 [BOGOTA, Columbia] Colombian coffee growers carrying a giant banner that read "Coffee!" at the start of the Coffee Merchants' Congress here on Tuesday. At least 100 demonstrators rallied in front of the National Coffee Building to demand better coffee prices and to be able to refinance their debts.
        REUTERS  -  51 words
      • 255 20 Bridge News [NEW YORK] Dreyfus Corp has sold all of its equity holdings in Asia because of the financial turmoil in that region, the firm's head of international equities, Ron Chapman, told reporters on Tuesday. The firm sold the remaining 2 per cent of
        Bridge News  -  255 words
      • 235 20 Bloomberg [WASHINGTON] NationsBank Corp has won US Justice Department approval for its US$l6 billion (Ss26 billion) acquisition of Barnett Banks Inc by agreeing to sell US$4.l billion in deposits in Florida. The Justice Department said the sale of the deposits, which are located in
        Bloomberg  -  235 words
      • 228 20 niwhii Report Reuters (SINGAPORE) Simex Euroyen futures showed a soft bias yesterday, but dealers said falls were limited by caution ahead of the Liberal Democratic Party's package of economic stabilisation measures. An outline of the package is expected tomorrow and fUll details are due on
        Reuters  -  228 words
      • 161 20  -  MSCI TAIWAN FUTURES By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contracts caught some traders by surprise with a 60tick rise to close at 351.2, despite a decline in the US market overnight.
        161 words
      • 230 20 ENERGY REPORT Reuters [BAGHDAD] Iraqi Oil Minister Amir Muhammad Rasheed yesterday said Iraq won't pump oil under the third oil-for-food deal with the United Nations unless a new aid distribution plan was approved. The UN Security Council had voted to approve extending
        Reuters  -  230 words
      • 273 20 Reuters The US dollar fell by more than one yen by midday after Japan's Ministry of Finance said concerted intervention was always a possibility and a large Japanese corporation called for a lower dollar/yen. Traders said the dollar was also weighed down by a yen comeback on the
        Reuters  -  273 words
      • Article, Illustration
        1287 20 DfTHEBAinC CKQ88 KATBS Dkio a K» n, m HI.NM w. 1 B»» N» MM »!»»»»*■< W CMm Ottl 0.171 0.109 0.723 0216 0.933 4.707 1330 OJM L8M 0.443 1201 52M 4247 0.1% OJM 0.T76 3.883 5.077 0X73 8J28 CCU 1654 1570 9.160 6621 1.979 1546 ********** 1431 ***** 4.055 1143
        1,287 words
    • 1386 21 POOH FUTUIUBS Decjo eueeamwm**! *«$-*»■> tSSlCOBTKACTBcMbAti ClOM V*NM Of* u» m Jm 90 s 90.50 370 Ft* 96 122.75 120.00 R9.75 100 750 Mar 96 120.75 IM5 Apr/JM 9t 126.50 ***** %p«8 ***** 3075 3SZ* 134.75 900 4*50 ♦A.. s BSSJCWITUCTttScwteAtf Mhn OfM Mft> |j» Hit •jjjjM^ JM
      1,386 words
    • 1768 21 LJIMJUM lK» >R*HIHbI| Nw 31 Group 903 -11 AS Parts 299 *5 Akboy National 1013 -7.400 AMadDomacq 532 -9.400 Amac 128 unch Asda Group 175.400 1200 ■ATM 545 -***** BGPtc 206 3J00 ■ICC 165 -8 BOC Group 969 -3 Bfl PvtroMum 839 -8400 BTR wi 3 Bank
      1,768 words
    • 1593 21 AFP Q Nikkei 225 -2jß3j SHARE prices ended lower yesterday, hit by profit-taking following sharp gains the previous day amid lingering concerns over the health of the economy, brokers said. "Concerns over the stability of the financial system are fading but prospects for the economy are still negative," a
      AFP  -  1,593 words
    • Article, Illustration
      1511 22 AFP 418.26 HONGKONG share prices closed sharply lower yesterday on profit-taking on investors' concerns over rising local money market rates, dealers said. The key Hang Seng Index tumbled 468.25 points, or 4.1 per cent, to close the day at 11,022.41 points. Turnover was HKIIO.I billion compared with HK18.98 billion
      AFP  -  1,511 words
    • Article, Illustration
      616 22 Reuters Qginrriut B Index -0.49 SHENZHEN'S B shares closed lower yesterday as declines in the Hongkong stock market dented the confidence of foreign investors. The B Index slipped 0.49 point to 104.10 on a turnover of HK$9.6 million. "The fall in the B shares was related to weakness in
      Reuters; Source: Credit Lyonnsis Securities (Asia) Ltd  -  616 words
    • 387 22 AFP OwPMa ♦nu» SHARE prices closed higher in brisk trade yesterday as investors returned to buy amid renewed optimism about the market's outlook, dealers said. "General market sentiment was very optimistic," said a trader. The TSE Weighted Price Index increased 170.06 points to 8,503.55. Turnover was 3.5 billion shares
      AFP  -  387 words
    • 242 22 AFX-Asia Q Wellington -1196 SHARE prices were lower in dull trade yesterday, with the main interest the listing of Sky Network Television. The NZSE-40 Index fell 13.96 points to 2,396.12 on turnover of NZ543.5 million. The listing of Sky Network relieved an otherwise dull day. dealers said.—AFX-Asia New «a
      AFX-Asia  -  242 words
    • Article, Illustration
      638 22 AFP P Composite fain -U56 STOCKS closed lower yesterday with sentiment bearish on the rupiah's weakness, declines on regional markets and continued concerns over President Suharto's health. The JSE Composite Index fell 9.56 points at 415.94. Turnover was 268.5 million shares worth 334.1 billion rupiah. The rupiah was trading
      AFP  -  638 words
    • 282 22 AFP Qfeajk -6.66 SHARE prices closed lower yesterday as investors dumped Philippine Long Distance Telephone and took profit from an eight-day rally. The Composite Index shed 6.86 points to 1,972.84. Turnover was 2.5 billion shares worth 1.04 billion pesos. PLDT lost 55 pesos to 870 while its troubled affiliate
      AFP  -  282 words
    • 421 22 AFP rlComposite lota +ILBS SHARES rose yesterday with blue chips attracting buyers after a market stabilisation plan eased concerns about the financial markets. Dealers said there was hope that the latest measures could improve liquidity, easing the strain on the system as corporates tried to secure fUnds. They said
      AFP  -  421 words
    • 585 22 AFP □HOrj-ri, -28J STOCKS fell yesterday, shaken by a fall on Wall Street and a plunge in the gold price which hit mining stocks. Brokers said the softer market was due to a combination of factors including a weakening of resource stocks, a poor finish for the Dow and
      AFP  -  585 words
    • KUALA LUMPUR STOCK MARKET
      • 532 23 AFX-Asia Q Composite Index +7.21 SHARE prices closed firmer yesterday, with local interest in key blue chips leading the main index to a higher finish, dealers said. The KLSE Composite Index closed up 7.21 points at 636.36 on volume of 192 million shares
        AFX-Asia  -  532 words
      • 8669 23 INDUSTRIALS CwuiNMr pnAKts 1*91 Last Vol Day Net Cl# Hipp Law Cpmppny S«H 'OOP High Lew Pit jm H 790 220 Apnomoto 254 unch 2 254 254 14.1 103.0 448 130 Angus* 175 5 275 175 164 4.1 258.0 90S 245 ApoPcFoodWq 270 -9 I 270 270 7.9 108.0 785
        8,669 words
    • WARRANTS & OPTIONS
      • 185 24  -  WARRANT WATCH By R Sivanithy WE HIGHLIGHTED Petronas Dagangan's warrant In this column last week, when It cost 67 sen. At the time, we said it was one of the most compelling buys In the market It closed
        185 words
      • 3258 24 ■mm. LMM wmmirs If HMi 19*7 LmI V«i Day Laat OMtt A»| wiii im stM cwm—v sal* roooi m* lo* Bwyar m* mm M IS m 3000 m AMOS c5.5******6 15*1 U 16 St 15 3*0 'AtW ******1USS 173 *0.5 23 17.5 t7 IT 16 131 21 3164 Acma ******4
        3,258 words
    • 1906 24 Or Or tWT Last Vol Day LaatOaata OKr Okr VM Nat M Cap Law Mm C imply W> COOOl Laar l»y» Cw W l«< 478 6a msSOOO AISBSOc 753 cd *L5 215 77 72 7U 71 53 33 13 30.1 773 137 273 ms 5001 AMOS 50c 293
      1,906 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1564 25 TURNOVER COOO) VAIUC ('OOO) mti cut THU Mm Ct* ,T|W Industrial 68,300 28.869 9T.M* >63.588 20,091 183.679 Financ* 10.403 5,683 16,086 T18.I29 9, OS 127.284 Hotok 1,799 1.278 3.077 2.619 941 3.180 Propartin 7.837 7,108 14,749 28.599 2.784 3U83 Plantation 2.030 2.030 1.375 UTS MWn« 298 298 197 1*7 BLW
        1,564 words
      • 4969 25 Or Cr M Wt nrr Utt Vel Day Last Ouote Mv W* VM Met Cap Av* High Lot StMa Company Sale COOP) High Lot Buyer Seller Cut P/I $gjj Mca INOUSTRtALS 157 33 a 1020 ACE Dynamic $60c 3».5 *13 28 39.5 38 38 39.5 32.3 3s 51*6
        4,969 words
      • 1089 25 Or Or M Wt 1997 Laat Vat On LMtOiMt) M> M« YH IM Ca# A *9 W8* L— StHa Cam#any Sal* COOO) HH6 L— Buyer »>l>r Ot Pit Sm* Plica SCSOAQ IM 76 2000 ABRHM«sSc OS unck 2« IM IIS US IM 1.0 6.0 at 192.9 60.0 1)7 448
        1,089 words
      • 213 26 Stodu Votane STEngqIOc 23,044.000 •Ontmglnt 6.782,000 IPC Corpn 5c 4,326,000 •RUB Cap Wt99 4,098,000 DBS Foreign 3,938,000 HK Land USIOc 3,373,000 *M Resources 3,208,000 SingTel 15c 3,203,000 •Rekapacrfic 8ti 3,070,000 Hotong In* UTS 3,000,000 Stocks S DBS Foreign 65,725,863 STEnggKk 28.426.529 OCBC foreign 23,256,599 FIN 21,515,071 SIA Foreign 19,803,720 SPH
        213 words
      • Article, Illustration
        57 26  -  by Shiv Taneja CLOB-LISTED Rekapociflc Bhd dosed one cent higher yesterday at 31J cents on a volume of 3.2 million shares, compared with its lOday traded average of just over eight million units. Despite the falling volume and possible near-term weakness, investors with a long-term view on this
        57 words
      • 641 26  -  STOCK MARKET COMMENTARY An unpromising electronics sector pins donbts over corporate earnings also keep buyers away By R Sivanithy [SINGAPORE] After Monday's strong raUy, the local stock market feU back yesterday for the second consecutive session, dragged lower by earnings worries, a
        641 words
      • ON THE GRAPEVINE
        • 155 26 EVER wondered who those faceless analysts are out there crunching numbers and churning out tomes of research on companies, stock markets and economies? Well, Indosuez WI Carr Securities has decided to bring them out into the sunshine with thumb-nail sized photographs of its teams of analysts on
          155 words
        • 100 26 QUITE unrelated to the launch of Indosuez WI Carr Securities' new research product, the Arm announced on Tuesday the resignation of John Mulcahy,'managing d irector of its Hongkong operations. "Following a strategic review of the operations of Indosuez WI Carr, the role of Hongkong managing director
          100 words
        • 127 26 BAD news for companies such as can maker Klan J oo and soft drinks manufacturer Fraser Neave. A big fight is brewing between the Malaysian Tin Can Manufacturers' Association and Perst ima on the tatter's move to raise the price of tin plate. Perstima
          127 words
        • 172 26 HERE'S something from real grapevines. For years, a lot of people who should know better thought pinot blanc and chardonnay were one and the same. Hot so, says the New York Times in a piece on Steele Pinot Blanc 1996. Pinot blanc, a distant cousin of pinot
          172 words
        • 106 26 IN LAW governing insider trading, recipients of insider information are somewhat inelegantly called tippees.asa colleague found out at an in-house seminar on stock market law. Seems that attempts to introduce the word into the English language proper Initially created quite a kerfuffle among English MPs. One
          106 words
  • Page 17 Advertisements
    • 59 17 UjV PROPERTY FINANCE FROM SINGAPORE. For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval y v. "jfey X flUtu, J The Royal Bank
      59 words

  • Page 18 Advertisements
    • 783 18 ANNOUNCEMENT UNCONDITIONAL CASH OFFERS (THE "OFFERS") BY N M ROTHSCHILD SONS (SINGAPORE) LIMITED ("ROTHSCHILD") FOR AND ON BEHALF OF SAMTA INVESTMENT PTE LTD (THE "OFFEROR") FOR SHARES (THE "OFFER SHARES") AND WARRANTS (THE "OFFER WARRANTS") OF APOLLO ENTERPRISES LIMITED ("APOLLO") TO ELIGIBLE PERSONS Rothschild wishes to announce for and on
      783 words
    • 304 18 PACIFIC CAN INVESTMENT HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting will be hekJ at 19 Cecil Street #04-00, Pacific Can Building, Singapore *****4 on 26 December 1997 at 10.30 a.m. for the purpose of considering
      304 words

  • Page 19 Advertisements
    • 435 19 THE BUSINESS TIMES c JJL o <Jaeger-leCoultr^> The making every Jaeger-LeCoultre watch is guided by its motto "the hand, heart and eye", referring to the 1 fe* highly-regarded skills and virtues of its watchmakers. flß[ ■Rteji Expertise that has made Jaeger-LeCoultre a name renowned or numerous achievements and a marque
      435 words

  • Page 20 Advertisements
    • 106 20 C F A. C I A Preparatory Programme lor Level 1 C andidates Attend a free Preview on Saturday. 20 December 1 2 15 pm to 3.30 pm at International Plaza. Suite ~15-21 Call 339-5998 to reserve a place A.B. Maximus oni|>an\ Pte Ltd 11 tiili Street -05-08 liiiili Street
      106 words


  • Page 22 Advertisements
    • 51 22 Put The Straits Times Classified to work for you today. ♦The Bangkok stock market was closed yesterday. DAY i i(Mni isii rTTbuy o noujr WSFt It's easy. I'll just find it in The Straits Times Qassified. rs^r Dad does it all the time. He has more houses than children now.
      51 words


  • Page 24 Advertisements
    • 110 24 YOU ARE JUDGED BY WHAT YOU WEAR CYC'S TAILORED SHIRTS WILL SET YOU APART Why wear readymade shirts made (or the average body? At CYC every shirt is skilfully crafted for your body giving you just die right fit. And you have our word on it each CYC shirt comes
      110 words


  • Page 26 Advertisements
    • 423 26 BUSINESS X()ti('(\S To advertise call toll-free ISOO-741 18X3 ASSETS FOR SALE Assets of a colour separation company, including contact box, Macintosh work stations, high end colour scanner, table top scanner, film dispenser, modem, various disk drives, scaling machine, etc are available for sale on an "as is, where is" basis.
      423 words
    • 28 26 Find a new owner for your apartment Make a move to sell your apartment to a variety of home owners quickly with a convenient, fast-acting classified ad. CATS.
      28 words
    • 30 26 The secret of success is... Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. CATS
      30 words
    • 129 26 It could be any number of i anniversaries, ISO certification, pages but the cost of a special A V Jl J. M. M. 1. ground-breaking ceremonies feature in our newspapers and topping-up ceremonies, will remain the same for you: $0. We will Since you have so much to gain and
      129 words

  • SHIPPING TIMES
    • 306 27 Bridge News Reuters HIGHER timecharter rates were seen for Panamaxes from the US Gulf. The morning session gave a very mixed impression, Clarkson Securities Ltd said in its daily Biffex comment. There was a higher increase in volume traded than has been seen recently, but the upward run
      Bridge News; Reuters  -  306 words
    • 241 27 mm v- m CWT OMriMlan 8.79S -0025 7 Chuan Hup 1X418 uneh 24 Co*ca mvMtnMnt -0.76 FntMUrtu 0-32 -OOI *7 Ge&Mn* 0J3 HaiSunHup 0.745 HRWMZMM 0.53 ♦0.01 70 IMCIXWnji HK 540 J«y*Howinq> 0.45 undl 52 Jvr«MSMpvar4 MO -a» 63 KappalCorp 5-35 -0.15 766 KappairtLS 434 -0.M 31 KappdMartna
      241 words
    • 434 27  -  180 vessel bookings made for berths this month, the highest achieved in one month By] Marcus Hand [SINGAPORE] As the regional cruise industry hots up with the entry of Sun Cruises, the Singapore Cruise Centre (SCC) expects December to be its best
      434 words
    • 370 27  -  It may want safety measures to cover smaller ships too From David Hughes in London THE InternatiSnaT Maritime Organisation (IMO) is to consider extending new measures to improve bulk carrier safety to cover smaller ships. A new Chapter 12 to the International Convention for
      370 words
    • 61 27 [COLOMBO] A worker watches a gantry crane lifting the 1.5 millionth transhipment container at Sri Lanka's port of Colombo recently. The port, south Asia's transhipment hub, has recorded a 25 per cent growth over the past two years and is expected to handle more than 1.6
      REUTERS  -  61 words
    • 252 27 AFP [TOKYO] The captain of a North Korean freighter has been arrested on suspicion of using a bogus 10,000 yen (*****) bill, Japanese authorities said yesterday. The suspect has been identified as Ri Pil Song, 35-year-old North Korean skipper of
      AFP  -  252 words
    • 383 27  -  Investors doubt viability of projects without adequate cargo support From] Rajendra Bajpai in New Delhi INDIA'S efforts to privatise ports and expand facilities are beginning to face problems because of doubts in investors' mind about the viability of the projects without adequate
      383 words
    • 312 27 Lloyd's List [LONDON] Classification society Bureau Veritas (BV) has hit back at allegations by shipbuilder Meyer Werft that the Estonia, which sank in 1994 with the loss of 852 lives, was unseaworthy and should not have been issued with a passenger ship safety
      Lloyd's List  -  312 words
    • 793 27  -  NEWBUIZiDS By: David Hughes THE buildup of VLCC newbuilding orders continues, as can be seen in this week's list of recent orders. These major investments must be at least partly in response to the current firm market. But the
      793 words
    • 843 28 ANOTHER CBANOEOVER IK HOMOKONO Many key questions still remain unanswered in the countdown to the switch from Kai Tak airport to the new site Reuters SOME time next year, there will be airliners on their way to Hongkong with nowhere in the territory to
      Reuters  -  843 words
    • 261 28 PAGE ECl 5 ACL 9 EES 8 AHL 3 Ethiopian 6 i Accord 8 Eurohans 6 Appenship 5 Evergreen Astro 3 F#mous 7 Austral 9 r on 9 Sun 8 BSA 7 CUn 4 Batammto 7 Gemartrans 8 I SHr I fungus a
      261 words
    • 24887 36 EXPORT ETA ETA Advartlsar Vassal Voyaga Tataphona ETA ETA Advartlsar VtiMi Voyaga Talaphona six D«rw Not. .Jig* y ,y n iTTm. I—■iir b f i JSSSww 29/B 15/01 Hyundai MM HY GENERAL 309W 65-*****44 «.To BATAM (BAT) 2043 To ABIDJAN (ABJ) 2003 Indonesia Ivory Coast, Cote D Noire
      24,887 words
    • SHIPS IN PORT
      • 537 41 V«smI VoyNo Brth knUti Opartm* Jwm Nrt Aswt-6kx> 1 JM Kongjld* n. 12/2300 SSTM *****7 J01 *12/1800 *****7 M *12/1400 374/97 J04 jtomjsxl* M.12/WOO DSSTL 1297 JO itonrtfc 13.12/1800 GO CXh*ort3 OsTOOl JO *»q#* O-J2/0700 f 107 JV4 ilomsid# *12/N0C SraMn TOW J07 *M*Mt 12.12/0700 Mro 0u*«fl M*****
        537 words
      • 1358 41 RECEIVING Of EXPORT FCl CONTAINERS AMD LCI CARGO BoojUng/Batmc* litis SMp Voy Ito Etfc/ttr Hrio4 from U from tal •*>«/»*« mw *m, 2A I0A70C TVO*5< :i c.-oc vo*h rvowc j n/0700 wm www 4 n/aoo vw vrwo <«= s §jjjr~ a batoo wnw mm a ume mm mm
        1,358 words
      • 188 41 Dm IS Kenya, Mexico, Russia Dm IS Sri Lanka DmM Bangladesh, Kazakhstan, S. Africa Dm S3 Japan: Emperor's Birthday. DmM Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany, Luxembourg, Portugal, Slovakia Sweden: New Year's Day. Switzerland: Christmas Eve. DmM Albania, Andorra, Angola, Argentina, Austria Australia: Christmas Day. Belarus, Bolivia,
        188 words
      • 866 41 THB report compiled by CockettMarine OU Ltti showi price rmngee in US dollars Inatead of alngle prioee tor a more comprehensive deecrtptlon of the market Prioee shown are bneed on average-eiaed etem Market movements are Indicated. The Cockett Bunker Price Index change and the Individual changee
        866 words
      • 341 41 Carta* 180 tUx 99X9 12 W 109 54 0.04 (W S Dewttv Mater tasMw Art AJaaMaa MM Ho afeow E2S 2 1 2 0 0 0 1 rrj- »0 AM 9W.I OJ 12J 0.0* 34 0.02 380 Mai 997.0 0.9 K.6 0.10 91 0.0i »W %i/»
        341 words
    • AIR & LAND TRANSPORT NEWS
      • 389 42 Aceord will cover global network strategy,road trucking and cargo handling facilities Reuters [FRANKFURT] The six airlines linked in the global Star Alliance have agreed to form a broad cargo alliance to complement their existing link-up on passenger services, Lufthansa Cargo said. The six
        Reuters; FILE PHOTO  -  389 words
      • 667 42 Reuters The top US safety Investigator criticised Boeing Co and the Federal Aviation Administration on Tuesday for the slow pace of ■voluntary inspections of Boeing 747 centre fuel tanks. At a hearing on the explosion on July 17,1996,
        Reuters; REUTERS  -  667 words
      • 228 42 Bloomberg [BRASILIA] Bayerische Motoren Werke AG was to detail yesterday its plans to build a US$l5O million (SS24O million) factory in Brazil to produce Land Rovers. BMW said in January it planned to build a Brazilian factory to produce the all-ter-rain vehicles,
        Bloomberg  -  228 words
      • 291 42 IMPACT OF CURRENCY TURMOIL Bloomberg [SEOUL] Korean Air, South Korea's biggest airline, said it will sell five passenger jetliners to its creditors this month to improve its finances. The disposal underscores the seriousness of the cash flow problems some Korean companies
        Bloomberg  -  291 words
      • 143 42 Bloomberg [HANOIJ Vietnam Airlines suffered a slowdown in the second half of the year as a result of currency turmoil in the region, on which it depends for 70 per cent of its business, the Vietnam News reported, citing company officials. Growth of 7.8 per cent
        Bloomberg  -  143 words
      • LOG Book
        • 96 42 AFX-Asia {HONGKONG] Hongkong Air Cargo Terminals Ltd said it will increase handling charges by 30 per cent when its new facility in Chek Lap Kok, Super Terminal 1, comes into operation in April next year. Managing director Anthony Charter said the rise in
          AFX-Asia  -  96 words
        • 105 42 Reuters [AMSTERDAM] Dutch carrier KLM has announced special cut-rate fares to the US for the winter season. The move follows cuts in transatlantic fares from competitors Delta Air Lines Inc and United Airlines. The airline will offer a fere 0f767 guilders (Ss6l7) for two
          Reuters  -  105 words
        • 108 42 AFP [HONGKONG] Officials here have unveiled the routes of two new rail developments to cost HKIIO billion (SS2.I billion). A new line would link the satellite city of Shatin with the Ma On Shan housing area some five kilometres J away. The line was
          AFP  -  108 words
      • 155 42 AFP [MOSCOW] Russia will postpone delivery of two Su-27 jet fighters to Vietnam until the cause of the crash of an An-124 Ruslan transport plane in Irkutsk has been established, Interfax said. The jets were scheduled to be delivered in mid-December as
        AFP  -  155 words
      • 208 42 Reuters [STOCKHOLM] Swedish car maker AB Volvo is looking at the possibility of major acquisitions in its quest to reach 10 per cent annual growth, the company's chief executive officer told an analyst meeting. "We are looking at a couple of acquisitions
        Reuters  -  208 words
      • 1466 42 an fucht m hkht etb or> imp ihtt* 2359 MUM 0T«1 1930 OF82 2050 FfM S0909 1730 ***** 0W5 «oa» a» timitu wc $0003 wo coh 0435 Ml* AM 0550 KM* 2335 CQ5I MM >0004 0125 0700 0126 2355 hmoJ VW741 1310 VN740 MIO 5025 0700
        1,466 words
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    • 228 28 YEAR END VESSEL TO USA FEEDER VESSEL HAMBURG EXPRESS VOY 17E849 ETA SPORE 28/12/97 1700 HRS ETA HONGKONG 01/01/98 IST DAY FOR LCL 26/12 CFS CLOSING 27/12 B4 12.30 PM a CLOSING 27/12 B4 MIDNIGHT FEEDER VESSEL ACX RAFFLESIA VOY 0058 ETA SPORE 30/12/97 1200 HRS ETD SPORE 31/12/97 (SAILING
      228 words
    • 584 28 Unes&servces represented Members of the by Members o» the Registry* r-J 3#l Singapore Freight Forwarders \£|jj|w Accredited Sh.ppmg Agents. Association Singapore Shipping Association r» IhMl*^a*MM EXPORT 3 x Japan •2 x Hongkong •1 x Manila •1 x Kooshiung, K—lung (Accepting FCI to BKK/NAHA/SENDAI/CEBU/ICH) VMML W pn HH Jff If Iwn
      584 words

  • Page 29 Advertisements
    • 1084 29 PACIFIC SOUTH WEST EXPRESS (DIRECT) ALSO ACCEPTING MAHAUS VIA lAX/HOU Ivcsa Ivor m Iswni Isnnp lux m nan en xrc aji hqu not «a AfIIHNMND OIK 00/12 10/12 11/12 20/12 30/12 31/12 31/12 01/01 01/01 31/12 31/12 02/01 Viwurfts 0181 15/12 17/12 U/12 02/01 06/01 07/01 07/01 00/01 00/01 07/01
      1,084 words
    • 2436 29 HANJIN SHIPPING CANADA* Hit VSt/YOT 181 Ml f"«N UNIHAUt/VOT SIA I rox I DBI I<M DTT M I MfM OPS |MW CMP WTC TV TK |TK TH m ncotoooooisi u/u u/u hwosioiw/mx m/oi h/oi n/ei u/oi u/oi u/oi h/oi u/oi is/o» is/»i u/oi n/oi h/oi u/oi u/oi u/oi OWTAMG ATUSOQ3I
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    • 103 29 pt ORIENT EXPRESS UNES (U.K.) LIMITED lljtj, i (MANAGER FOR SHREYAS SHIPPING LIMITED) VKStI VOY SINWOHI IOWMT VBStl VOT MgMT SMWOHI SINAR TOBA 220 12/12 21/12 SINAR TOBA 219 30/11 12/12 OOCI ADMIRAL 010 15/12 24/12 OOQ ADMIRAL 009 03/12 15/12 KEDAH 009 19/12 28/12 KEDAH 000 07/12 19/12 ACHIEVER
      103 words

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    • 1144 30 <T DSR-SENA TOR in Round the World Container Services TO UK/CONTINENT UtOM UK/CONTINENT Kttn [wt fir RIM IMT 1 m HAM FIX I LHA ||ffiSS& VOY LH» FU HTM WW HAM 081 MM^lrrri 7ii I W VUUXYOJTO* SENATOR ff7Sl 11.11 17.11 10.11 11.11 *1.11 17 12 CHOYAM VOI6A WN7S 1112
      1,144 words
    • 1150 30 MMG YML Intorrwt WM> Sit* http: //www.ymLcom.tw IlLl fl,*AkkX*Ui'* VESSEL VOY LEH FIT HAM AMR HFA SIN MING MOON 04/A743E SLO SLD SID SLO SLD 16/12 MALACCA BRIDGE 89A744E SLO SLO SU) SLO SLD 23/12 MING STAR 02/A745E SLO SLO SLO SLO 16T12 30/12 MING GALAXY 99/A746E I<Vl2 ***** *****
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    • 589 30 LIKE A TIL: 22SS2S0 PAX: *****37 EHU vßsa vot no n* rasa vot n» n* sran buma spoh im JFtOSFB VW/17 11/12 14/12 JHOSFB V2H/07 11/12 IS/12 AMULGUXT VJII/I7 U/12 19/12 AfttGUXT V3IK/V7 14/12 J.PTOSW VJOE/97 20/12 2S/12 IFOOSFB V3OI/97 20/12 24/12 tntaon rra/v 2S/12 m/ij vnaotr rm/v 2S/12 29/12
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    • 1094 31 lyase. VOY FM I BKK I POU I PKO P«W I BLW I «UW IBA BMC ■UNMMgAW PJL-1291 11/11 84/11 ■UMTWPOUM PJL-1260 18/11 MAM MOOM PJL-1262 02/12 11/12 13/12 WANWAHPAT PJL-126S 17/12 I- 2g/12 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN ft CIS COUNTRIES I.E. AZARBAUAN, ARMEMiL<AZAKHSTA>T UZBE Kl
      1,094 words
    • 2179 31 CARGO TO €J J. AREAS: I ST. PETERSBURG, RIGA, TALLINN, j jl SINGAPORE'S GENERAL AGENTS: 6 SNENTON WAT TEL 226 1900 FAX: *****08 OUTWAID (»/U COSTAR SHIPPING Ml LTD #i7-os d*s buk saus/ngs 420SMi/43 inward dipt (D/o) *****15 COSTAR AGENCIES (M) SDN BHD amkummmm rowa two (omo*) conventiomai 42osiso/s5 t/shputocrr
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    • 1124 32 —————————nwwt 1 in l m fmwam rSSTI ROM ANW NN TNT IK LMV LMV THP ROM ANW HM na Mr E. RENOWN RW-828 I*ll «1 R/H HT Ml Ml I7«1 E. BARLANO RE-881 a/11 >1/11 21/11 25/11 11/12 E.ONNTYMMU 2*12 Ml 14*1 11*1 12*1 11*1 14*1 E. SLOWING RE-842 21/11
      1,124 words
    • 863 32 I-iSS/ VVJ «WMO» IMIIIIIUIM MHJ: (084) *****9 MAMLA: (632) *****61 W »<ANQ;(0«)a8a«J8 BANGKOK: (B82) ******/ SURABAYA: (31) 2*lBBo P. KELANQ: (03) *****77 JKT (21) *****07 MOM: (81) *****3 PUSAH USA/JAPAN MV "HYUNDAI GENERAL" V.308E MV "HANJIN CHUNGMU" V.162E ETA SIN: 15-12-97 ETA SIN: 14-12-97 j LA£ AUCKLAND MV "CAPE NELSON"
      863 words
    • 381 32 /CZ > NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vbsh VOT m wn <w t/uT impm ore m a/ii Mi uKOi mot m n/i? n/n w/ii ty»i mi mm wiq oin a/i? w/ti ivii MMMjgS M Ml llfll 14/11 TV%] H/»i mmmm opts h/ii n/»i m am mmrBKBS
      381 words

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    • 515 33 BSfl ii. mat MYANMA «BBk FIVE STAR UNE (MyMaor NatioaoJ Um) w Loefaf for Yoajoa (Raagaoa) vcsa yoy sin ne m ku HP*-** WW HPT HkIWM 144W H/12 ■MATM MCNIS: MIISIUD SMPPM6 MOKXS KUL 1H 02-03-***** M KL TH 01-03-37M101 PBfc IB 01-04-Mll4Ol P6fc TH W-07-*****21/4 BANK LINE (A tarvka
      515 words
    • 1135 33 A HYUNDAI MERCHANT MARINE CO. LTD. ivbsb vot wr uw Iral *w I H*a 188 rwTl ivissa vor ibi |rh|ma m |*wiwr| gTI HYIAJtOH iiow" 15/12 01/01 02/01 04/01 04/01 04/01 07/01 MT 600*1 3001 19/11 11/11 23/11 10/11 M/ 11 17/11 15/11 NTHPBKM 304W 11/11 40/91 09/01 11/01 11/01
      1,135 words
    • 641 33 FAMOUS CONTAINER LINES /IKS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 2/ HOT LINE: *****33 (30 LINES) MB PAGE AfIOKSS: wni.laMki.coa.>) E-MML ADDRESS: IiMMaMM DAILY SAILING TO rftrT: ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 CWT
      641 words

  • Page 34 Advertisements
    • 895 34 CXIANO I I J>K*IIT»/PAWJAWO VESSEL VOY SIN OKK LCH VESSEL VOY SIN JKT PJN XCTHA BHUM 221n5 nTpT 14/12 MATHU BHUM 383S In Pt 13/12 ANAN BHUM MN 12/12 17/12 MATHU BHUM ***** 12/12 13/12 ANAN BHUM 86NB 13/12 17/12 DANU BHUM* 0178 13/12 18/12 KITI BHUM 32N 14/12 17/12
      895 words
    • 711 34 WL international une PUL INTERNATIONAL Mf OMM fcrf le. hiM to ran «M AfvH MM M»t ummumn J YOT 1 itfl T JIT m~ m 8 I I gffl w iTftrl tnarPHß i 1/» UM m* as M/II i gHC ffl' Ifl OT MWijifyM IBT IlllllllllElll sauamiatt/w I BS l„/,fl~
      711 words
    • 766 34 A ACCORD A SHIPPING PTE LTD Til: ***** IS (40 Una*) PAX s *****30 POfTCLANG (U) W IMf J El OOttCT ACCESS m: *****55 (IXPOOT OOOONO) HSMGMUK (WtSI \W *****34 (EXPORT DOC), *****30 (IMPORT) HUM ($4) W 144t URUHTTP://WWWACCOED.COM.SO MKAJTTA (11) ***6779 VAA^ H>tT ITA SIN POtT IU SIM FOtT
      766 words

  • Page 35 Advertisements
    • 478 35 INDONESIA NATIONAL LINE TO EUROPE I A VESSEL M W OMIT 1M TO AUSTRALIA PULL COMBMNKR MMWCB at wt Iki k m m wo m. w* «nt m fj o rmnnnwr mm |ii/« wt are ant a/» nm *vn wgTunwmu n«|iw»a" »vu bot «*i h*i unm v.o»|a/t2vra ttm «wi ti»i
      478 words
    • 999 35 ADVANCE CONTAINER LINES (PTE) LTD A I I 140 Cecil Street, #12-00, PIL Building, Singapore *****0 MA V m I TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO **********06 OPERATIONS: *****60/ *****06 I 1— I JAKARTA (5 SaWnaaAWaak a PAT) (9 SrtllMasNa» Vtssa 1 VQY l hn JKT
      999 words
    • 909 35 VOY ISN I JED MLA LEH HAM THP RTM ZEE j ViXE PC TAURUS A23W 17/12 28/12 31/12 06*01 07/01 oB*ol oB*ol 10*01 VJ-E 0E ANTARES L23W 23/12 31/12 03*01 12/01 13AM 16/01 1W 17/01 i VMXE DE VWQO SZ9M 30/12 06*01 13*01 Ijg 20*01 21A>1 21/01 22*01 VMEDE NORMA
      909 words



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    • 44 38 t To retrieve more schedules, just follow these simple steps... document Mial 740-6000 ep be the port your Step key in the four number digit code Key in your Example: r—, fax number To HEW YORK (NYC) 2275 for calls within Singapore UnitßCi otBtSS
      44 words



  • Page 41 Miscellaneous
    • 132 41 LEGEND: R Thunderstorm Temperature c X\ A Shower Weather _X Wind direction with speed in knots ?c£*», Wove height Wtoce winds are indicated by arrows which Hy with the wind (Q One fui circle represents catm or tight ond v a noble winds 1 One ho# Heche represents 5 knots
      132 words