The Business Times, 6 December 1995

Microfilm: NL20503
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 194/12/94 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, DECEMBER 6,1995
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  • Article
    MARKET SUMMARY
    68 1 24A&48 (+3.88) fl BTCOMP U (+8.99) BT-HGA MUM (+1.40) gg" HABKETMOOD: STOCK MAHET INDICES Tuesday Change KLSECOMP Ml .57 +633 NIKKEI 18,879.53 .-17.84 HANO SENG... 9,975.37 +34.74 SET INDEX Closed.. JAKARTA OOMP. 496.78 +2.86 MANILA COUP— 2.561.57 -1.43 TAIPEI WP1 4,***** +27.08 SEOUL COUP 946.98 +1103 BOMBAY BSE30
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  • Article
    FINANCE
    70 1 EXCHANGE KATES vst St U8t 1.414 I l.iB. 1.166 DM MM .0.981 VIM 0.967 —1Jt95 Ml «JS4 9.567 HKI 9llJ9— 0.183 BAtfT 0.040. 0.056 RUPIAH100 0.044. 0.082 PUHEIATES SINGAPORE* 1+4 KUALA LUMPUR._ A |5 JAKARTA *1750 BANGKOK JJ75 MANILA 15 00 HONGKONG 900 taipei SYDNEY in 75 TOKYO I-Zjjt
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  • Article, Illustration
    Lock icon Tianjin medicine group to send IPO team here
    467 1  -  It hopes to raise $33m or more in first primary listing here by mainland company By Lu Ning [SINGAPORE] Tianjin Traditional Chinese Medicine Group Co —the first mainland Chinese company to seek a primary listing in Singapore will send a delegation here
    JEN CHUA  -  467 words
  • Article, Illustration
    EDB poised to take a stake in Suzhou Industrial Park
    404 1  -  By' Teh Hooi Ling [SINGAPORE] The Economic Development Board (EDB) is set to take a stake in the Suzhou Industrial Park and will throw its weight behind the project by making the park's marketing targets part of its mission. Lim
    404 words
  • Article
    Put your money in ostriches?
    311 1  -  An Aussie farm assures returns of 200% in three years By. Ang Wan May [SINGAPORE] Investors looking to build a nest egg should put their money into ostriches, says an Australian firm that has set up an Asian headquarters here. The birds may not be
    311 words
  • Article
    Liquidators want Leeson to reveal assets in court
    481 1  -  They may also seek damages from former management of Barings and auditors By< Catherine Ong [SINGAPORE] Former Barings trader Nick Leeson may And himself back in court soon. The liquidators of Baring Futures (Singapore) will be serving an order on him to
    481 words
  • Article
    Keppel responds on redevelopment levy
    187 1 [SINGAPORE] Keppel Corporation said yesterday that the differential premium it will have to pay for the re-develop-ment of its Keppel Shipyard site in Telok Blangah can only be determined after approval is obtained for the project. In a press statement, Keppel confirmed that its subsidiary,
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      173 1 Dunns uoott news Singapore's key electronics industry will keep up with double-digit growth in 1996, said Trade and Industry Minister Yeo Cheow Tong in Parliament yesterday, Pg 2 Missing buDs Bulls are not in sight in Jakarta. Well, not in the short-term, P*s MBWBVALPE MM hfaMria?** pg. Should broadly lend
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      Page 1 Advertisements Column 2
      182 1 Metropolitan Bnef #5180 $665 Couft Rag $4 5 i 16x11x3 9'/«' x 7 '/i" x 3 Coach. An American Legacy. legacy began a New City loft with workers handcrafting a select line of leathergoods. To this day, every I made by V I attention to detail. From bags, briefcases and
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Govt expects electronics industry to keep up double-digit growth
      489 2  -  DIPMtLIAMHMT New statutory board's mission: raise Singapore's total factor productivity By Chuang Peck Ming PARLIAMENT provided some good news on the economic flront yesterday that brightened up a session dominated by a debate on death—the Bill on advance medical directives (also
      489 words
    • Article
      Bill tabled to set up new maritime authority
      198 2 A BILL was tabled yesterday to pave the way for the corporatisation and eventual public listing of the Port of Singapore Authority (PSA). The Maritime and Port Authority of Singapore BUI, introduced by Communications Minister Mah Bow Tan, seeks to set up
      198 words
    • HOUSEBriefs
      • Article
        Privatised garbage collection in 1999
        55 2 GARBAGE collection will be privatised in 1999 with the passing of the Environmental Public Health (Amendment) Bill yesterday. The bill paves the way tor the Environment j Ministry to corporatlse Its solid waste collection by next ApriL Private waste collectors can compete for the collection
        55 words
      • Article
        Select Committee for 'LivingWills' bill
        54 2 THE Advance Medical Directive Bill—popularly known as the "Living Wills" bill—will go to a Select Committee so that more views will be taken into account before it becomes law. In committing the bill to a Select Committee, I Health Minister George Yeo said there Is
        54 words
      • Article, Illustration
        Ling How Doong apologises
        134 2 OPPOSITION MP Ling How Doong said sorry to the House for using unparliamentary language In Parliament last month. "I unreservedly withdraw the words directed at the MPforPotongPasir which were recorded in the official report" he said. "I apologise to the House for having affronted its dignity
        134 words
      • Article
        HDB cable TV wiring: no added subsidies
        97 2 HDB residents are not getting free installation for cable television wiring at the expense of private home-owners, 4 •aid George Yeo, Minister for Information and the Arts. HDB flats are not given added subsidies for cable TV wiring "The HDB is paying what
        97 words
    • Article
      NTU holds entrepreneur meet in Shanghai
      123 2 THE sixth annual conference of Nanyang Technological University's Entrepreneurship Development Centre kicks off tomorrow in Shanghai the first time it is being held outside Singapore. The decision to hold the conference abroad is in line with Singapore's regionalisation push, as Shanghai and the neighbouring
      123 words
    • Article
      Tuan Sing to build 52 houses in the east coast
      171 2 PROPERTY group Tuan Sing Holdings intends to build 52 houses on a 99-year leasehold site at Limau Walk on the east coast. The listed developer said yesterday it would build terrace and semi-detached houses on the 153,653 sq ft site
      171 words
    • Article
      Newsprint prices to stabilise soon
      302 2  -  ASIAN NEWSPAPER PUBLISHERS EXPO Prices will hold for 12 months from March, says chief of NZ-baaed producer Reports bf Diana Oon NEWSPAPER publishers can expect newsprint prices to stabilise from next March, ending the upward spiral of the past 18 months. John Hood, chief executive
      302 words
    • Article
      Newspapers won't die: publishers
      296 2 NEWSPAPERS have to stay ahead in the information game right at the cutting edge of changing technology to meet the needs of their readers. This was the theme running through the two-day Asian Newspaper Publishers Exposition which ended at Suntec City yesterday. And the hot topic
      296 words
    • Article
      Singapore investors showing interest in Indian equities
      312 2  -  By\ Soh Tiang Keng SINGAPOREANS are showing 4 greater interest in Indian equities, a visiting expert said on Monday. Mahesh Muzumdar, head custodial services for Standard Chartered Equitor in India, said that in the past year, there have been more factfinding missions by
      312 words
    • Article, Illustration
      Lock icon Citibank doing well despite regulatory curbs: official
      356 2  -  By I S N Vasuki CITIBANK Singapore's new consumer banking chief said yesterday that the American bank continues to perform well despite regulatory curbs on its core business. He added that the focus for the new year will be to deepen customer relationships.
      CHRIS LOH  -  356 words
    • Article, Illustration
      Lock icon Growth in IDD calls slows further
      281 4  -  EYE ON THE ECONOMY Industry By, Jennifer Lien GROWTH ill international telephone traffic slowed further in September. Some 14.7 million calls were made in September, compared with 12.9 million in the same month last year, latest available figures show. That amounted to a 13.9
      Source:; JEN CHUA  -  281 words
    • Article
      CPF a factor in Singapore's fall from top economic spot?
      353 4  -  By* Anna Teo SINGAPORE and Hongkong were jointly declared the world's freest economies last year in The Heritage Foundation's inaugural Index of Economic Freedom. This year, Hongkong pipped Singapore for the honours. Singaporeans, for whom second is never good enough,
      353 words
    • Article, Illustration
      Foreign Batam plants see minimum impact from wage hike
      400 4  -  Companies affected by higher minimnni wage holding talks with Indonesian authorities By. David Mok COMPANIES with factories in Batam are negotiating with the Indonesian authorities on the proposed increases to minimum wages there, and expect the final impact on costs to
      400 words
    • Article
      PWD settles dispute with four contractors in CTE project
      423 4  -  3 local firms awarded $sm, Bocotra to get undisclosed snm By, Jenny Lam ONE of the most drawn-out fights in Singapore between the government and private contractors has come to a close with the Public Works Department reaching a settlement with
      423 words
    • Article
      Johnnie Walker Classic available on the Internet
      131 4 INFORMATION on the Johnnie Walker Classic golf tournament, to be held from Jan 23-28 at the Tanah Merah Country Club, can now be accessed on the Internet. Internet users will be able to access the latest news on the contest, profiles of top
      131 words
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      Page 2 Advertisements Column 1
      91 2 A company's strength lies in the Backbone of its staff. f That's why the SyncroLine SL 5650 people of different heights and has the point-syachroaiaad toch- different weights. ■•logy with taaaiaa adjustmoot faatara. The seat and hack- Dauphla (S.E.A.) Pta Ltd rest automatically follow the 52 Genting Lane. Office 007-02.
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      261 3 I iil v' '"-.I v V" V- y r i&, "'< I i II&. .vv i«^ r> MWiM\ I -~4 I i; -»"*'*'i?~ P 'FrVh I ■*'A' p' i ~'V-- v *y* I f&' '>'**%£&' I Life is full of obstacles. Physical a break, it'll take you wherever Add to
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      Page 4 Advertisements Column 1
      435 4 ■#n j 1111 iii i •ii rrm I New premium papers and films for all |L m Inkjet and laser printers. |C s Aft No Material u*age RRP(w/GST) g For Laser Printers ||B Ji» 4567-114 Coated Laser Paper 115gsm Printing technical drawings, letters, $24.72 0* s^JWifc Superb output invoices, reports,
      435 words
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      2 4 SINGAPOREI BUSINESS
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      Page 4 Advertisements Column 3
      85 4 (§!Q £7h& o/^ Qkfined Next to the Shangri-La. Only 5 minutes from Orchard Road. Easy access to major expressways. Near shopping centres, supermarkets, restaurants and embassies. Luxurious 1,2 or 3 bedroom suites. IDD phone-fax and televisions in all suites. Personalized maids, laundry and secretarial services. Landscaped pool, tennis, gymnasium, sauna,
      85 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon 30-yr govt bonds on the rebound
      526 5  -  TECHNICAL VIEWPOINT: US GOVT BONDS Trend indicators show upward bias started in November Hy\ Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) at Dow Jones Telerate. The opinions in this column are personal and do not represent the views
      BCRUZ  -  526 words
    • Article, Illustration
      Bulls not in sight in Jakarta
      495 5  -  FUND MAMAOER'S bust Without lower Interest rotes the market Is not ro&lly cheap By Deep Kapur The writer is a director at Koenemagi Capital Management in Singapore with investment responsibilities in global asset allocation and currency hedgiryg THE Indonesian market has staged a smart
      495 words
    • Article, Illustration
      Tips on emerging markets
      278 5  -  Don't follow the herd, says investment gum pointing to Mexico By Siow Li Sen [SINGAPORE) WHAT better way to spend your lunch hour than being entertained and getting tips on how to make money. A happy lot of fund managers and private bankers had that privilege
      278 words
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      Page 5 Advertisements Column 1
      252 5 8 O 0 Ergonomic, hea h'JnHl ilated If Specially designed insert V lid for steam regulation all? cJ Hgg n HSi and to seal in moisture, J an d i e k jH| /I BUI vitamins and flavours. Can handl,n S- /I Hi also be used as a trivet. N
      252 words
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      Page 5 Advertisements Column 2
      166 5 I Co-sponsored by the Asian Society l 7/ 1-7 of Tricholoay and Svenson Interna- tlonalf the SINGAPORE HAIR EVENT 7 must not be missed by anyone with ft °l 8C problem. I tricholoaical shampoo and a frm ttial M service are available only until the I of this Hair EventßexZ™*
      166 words
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  • SOUTH-EAST ASIA
    • Article
      KL growth to ease to 8.7% next year: Mier
      376 6  -  KUALA LUMPUR Tighter credit control and firmer interest rates will cnrb spending, it says By\ Ruth Wong THE Malaysian Institute of Economic Research (Mier) has predicted that the nation's growth rate would ease to 8.7 per cent in 1996 and 8.4
      376 words
    • Article
      Lock icon Anwar calls for new devt tack
      176 6 KUALA LUMPUR Bernama THE national development strategy, especially that relating to industries, needs to be reviewed as the technological and skill quality generated by the process are not encouraging, Deputy Prime Minister Anwar Ibrahim said yesterday. "We are still providing opportunities for less skilled
      Bernama  -  176 words
    • Article, Illustration
      Lock icon KL preparing plan for aerospace industry to take off
      477 6 LANGKAWI, Malaysia New focus part of move towards high-tech industries Bernama THE Malaysian government is preparing a master blueprint for her fledgling aerospace industry to propel the country towards high-technology industrialisation. Prime Minister Mahathir Mohamad said the Malaysian Industry-Government Group for
      Bernama; REUTER  -  477 words
    • Article
      Lock icon Work on Thai-Viet industrial zone begins
      207 6 HANOI AFP THAI-VIETNAMESE joint venture Amata City has begun work on an industrial zone in the south-eastern province of Dong Nai that is expected to attract some US$l.5 billion (Ss2.l billion) of investments, an official said yesterday. Thai developer Bang Pakong Industrial Park II
      AFP  -  207 words
    • Article
      Lock icon Foreign investment in Vietnam at US$17.8b
      183 6 HANOI AFP LICENSED foreign investment in Vietnam totalled US$l7.B billion (Ss2s billion) at the end of November with more than a third of the amount approved in the first 11 months of this year, according to reports yesterday. Since the country opened up to
      AFP  -  183 words
    • Article, Illustration
      Manoeuvres in a tight spot
      648 6  -  ASIAMVXEW Taipei is finally acknowledging the island's mood of disquiet By Mohan Kuppusamy IT IS no coincidence that just two days after Taiwan's legislative elections, which saw the ruling Kuomintang (KMT) come close to losing its majority, the government is trying to talk up the
      648 words
    • Article
      Lock icon Jakarta woos foreign firms to join infrastructure jobs
      153 7 MELBOURNE Joint ventures with state-owned firms will be welcomed AFP INDONESIA wants foreign companies to bid for up to US$ll bUlion (5515.5 billion) of transport infrastructure development over the next five years, Indonesian Communications Minister Haryanto Dhanutirto said yesterday. Mr Haryanto, who
      AFP  -  153 words
    • Article
      Lock icon E Asia's huge infrastructure demand
      351 7 MELBOURNE Reuter EAST Asia has enormous demand for infrastructure with spending in five sectors estimated to reach at least US$l.5 trillion (552.11 trillion) by 2006, the head of the largest accounting firm in the Philippines said. Gloria Tan Climaco, chairman and managing partner of SGV
      Reuter  -  351 words
    • Article, Illustration
      Lock icon Getting ready for Xmas
      51 7 {HANOI! Workers placing a reindeer in front of Hanoi's most luxurious hotel, Sofitel-Metropole, as part of its annual Christmas decorations yesterday. Only 10 per cent of Vietnam's 74 million people observe Christmas Day, with Dec 25 not being a public holiday in this mostly Buddhist country.
      REUTER  -  51 words
    • NOTEBook
      • Article
        Lock icon Ramos' popularity at all-time low
        66 7 UPI (MANILA} The public approval rating of Philippine President Fidel Ramos dropped to an all-time low of one per cent at the height of a nationwide rice supply crisis, cabinet officiate said yesterday. Emerging from a briefing by the Social Weather Station* a private survey
        UPI  -  66 words
      • Article
        Lock icon M'sia to launch scientific micro-satellites
        65 7 Bernama [KUALA LUMPUR) Malaysia, on track for the launch of two commercial communication satellites, plana to launch two scientific "micro" satellites, one in July 1997 and the other In the year 2000, Prime Minister Mahathir Mohamad said yesterday. Unlike the Malaysia Bast Asia Satellite, which
        Bernama  -  65 words
      • Article
        Lock icon IPhilippine inflation at 11%
        69 7 AFP [MANILA) The Philippine inflation rate for the year to November remained at October's level of U per cent, but rose 3.6 percentage points from the same period a year ago, the National Statistics Office (NSO) said yesterday. The NSO noted a higher Increase In the
        AFP  -  69 words
      • Article
        Lock icon Thailand wants LNG from Indonesia
        65 7 AFP [JAKARTA] Thailand has expressed interest in buying liquified natural gas (LNG) from Indonesia's giant oflfehore Nat una project, an official here was quoted as saying yesterday. "Thailand not long ago held discussions with (state-owned mining and oil company) Pertamina to buy LNG from the
        AFP  -  65 words
    • Article, Illustration
      Lock icon Myanmar govt warns Suu Kyi
      242 7 ■YANGON State-ran newspapers suggest she is a traitor Reuter MYANMAR'S military government yesterday suggested democracy leader Aung San Suu Kyi was a traitor and said she and her pro-democracy colleagues would be "annihilated" if they tried to destabilise the country. The state-run New Light of
      Reuter  -  242 words
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      Page 6 Advertisements Column 1
      200 6 WORLDTECH'9SINUUND I World Tech '95 Thailand, I organized by the I Royal Thai Government I ushers in the world of the future I World Tech '95 Thailand m opens up new avenues to I I leading technology from all corners of the world World Tech '95 Thailand includes both spectacular
      200 words
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      Page 6 Advertisements Column 2
      31 6 Shares rebound on bargain-hunting,Pg 8 FREE Gte (Man n&Ryscs&cz Ex°msc3scn@ at KEY LARGO BOGARTS Weekly Monthly V?Mi) nfocfiff Seafood Restaurant Oyster Bar <01-06 Traders' Market Clarke Quay Tel: *****55 Fax: *****27
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      278 7 The United APEC Equity Fund is a THE POTENTIAL OF APEC And if you apply between 17 Dec 1995 and WE'RE UNITED new unit trust which is designed to invest Comprising economies on both sides 15 Feb 1996. you can enjoy al% discount BEHIND YOU in the economies of APEC
      278 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      European group set to win Sino-Korean aircraft deal
      578 8  -  SINGAPORE Consortium said to have pipped US rivals for a 20-30% stake in USs2b project By Lu Ning WHEN Germany's Chancellor Helmut Kohl decided during his recent trip to China to visit a unit of the People's Liberation Army, political commentators were
      578 words
    • Article
      Lock icon Wholly-owned foreign building firms banned
      219 8 SHANGHAI AFP CHINA has issued a regulation temporarily barring the establishment of whollyowned foreign construction companies in the country, a newspaper reported yesterday. The regulation aims to strengthen the administration of foreign investment in China's construction industry, the Shanghai Securities News daily reported. It said
      AFP  -  219 words
    • SINOBrief
      • Article
        Lock icon China to stem inflow of unskilled labour
        71 8 Reuter [BEIJING] Beijing will step up efforts Id exclude foreigners entering China in search ofhigh salaries and a km cost of living, Xinhua newt agency said yesterday. Ths ministries of labour and publte security are drafting new relet to stop foreigners who lack
        Reuter  -  71 words
      • Article
        Lock icon Small paper mills to be shut down
        56 8 UPI [BEIJINGJ China will close thousands of small-sized psper mills during the next year, despite ballooning demands tor l paper from new businesses, the official media reported yesterday. The mills, situated on the Yangtze, Ye&ow and Hualta rivers, mcreating high terete of water
        UPI  -  56 words
      • Article
        Lock icon Taiwan Nov inflation at 0.4%
        79 8 AFP [TAIPEI] Taiwan consumer prices rose 0.4 psr cent in tbs month of Novwbsr tor a year-on-year rise of 44peresel, due mainly to costiisrwtntsrciothes, education and amusement, a government agency said yeeterday. The of Bucket, Accounting and Statistics said winter dtothing prices reee S.l percent
        AFP  -  79 words
      • Article
        Lock icon Shanghai aims to double foreign trade
        91 8 Bloomberg Business News [SHANGHAI) Shanghai atone to double Its annual foreign trade to US$BB WHkm(S|6S billion) by the year 3000, the Shanghai Star reported. Exports win aooount for atleast UB|» billion at the total, according ta targets Mt at a recent Shanghai trade conference.
        Bloomberg Business News  -  91 words
    • Article, Illustration
      Lock icon Shares rebound on bargain-hunting
      350 8 TAIPEI Befying calls on all Taiwanese political forces te work en ramification AFP Bloomberg Business News TAIWAN stocks rebounded as investors sought out lowpriced shares amid concerns that military tension with China is rising and the ruling Nationalist Party will soon oust two top figures. "Investors
      AFP; Bloomberg Business News; REUTER  -  350 words
    • Article
      Lock icon China is ready for joint venture retail chains
      447 9 BEIJING R.i US and Dutch firms tap favourites to be partners in first features approved by central govt UPI AMERICAN and Dutch retailers are tipped to become the first partners in China's next tiptoe into foreign-backed retailing. Sources say the State Council,
      UPI  -  447 words
    • Article
      Lock icon Beijing to tighten controls on raw material imports
      276 9 BEIJING Dvty-free items being sold illegally in China, says official Reuter BEIJING aims to close loopholes which allow firms to import raw materials duty-free, ostensibly for processing and re-export, but actually sold illegally in China, an official of the State Council's Tax
      Reuter  -  276 words
    • Article
      Lock icon Pirated software accounts for 98% of Chinese market
      245 9 JI WASHINGTON AFP PIRATED software in China represents some 98 per cent of that country's market, but illegal copying in Japan and other wealthy countries is more costly to manufacturers, a trade group said on Monday. The Software Publishers Association's annual report
      AFP  -  245 words
    • Article
      Lock icon China's retail price inflation set to meet 15% target
      117 9 BEIJING Reuter THE State Planning Commission said China will succeed in reducing its annual nationwide retail price inflation in 1995 to about 15 per cent, down from 21.7 per cent in 1994. This month, the national rate will fall below 10
      Reuter  -  117 words
    • Article, Illustration
      Lock icon Beijing's bread basket?
      40 9 French-sailed Carrefour, tht'firstforeign-run supermarket m China, opened in Beijing yesterday and sellsfood, home appliances and clothes. The company has 3Soemployees. 95per cent oTwhom are locally hired. It plans to open more stores in Shanghai and Tianjin. AFP
      AFP  -  40 words
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      183 8 MWfcaiß|jSßWW ■■■ralßflnV> yr V THE HEART of Bangkok, reengineer branch processes at almost no time in queues. a orer Thailand, customers get a call or visit our home page at one bank is doing its part to Thai farmers Bank. Data handling And because the "back office" faster, better service
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      166 9 1 v "'•<> «o(uo in 'urd r f u| mo, r to M;>A W >V V \.*JV, S v V'|iq»u,«nv., \."H >v. a 01 V»«HO P»* 3 ,o Jl3 ~od, u| J W J Sui pue jsi no u, p.,<|iu>nb .j, s, s-,e.>X g ,„<■ jo, r 5lJ v u,
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  • ASIA
    • Article, Illustration
      Lock icon Australian govt may try to seek restitution
      138 10 CANBERRA Reuter THE Australian government may seek to recover costs it incurred as a result of the concrete price fixing scam in Queensland. "It is important to identify whether this breach has had an impact on (federal) projects," Administrative Services Minister Frank Walker
      Reuter; BCRUZ  -  138 words
    • Article
      Lock icon Japan headed for recovery in 1996
      320 10 TOKYO Planning agency assessment follows GDP growth of 0.2% AFP JAPANESE Economic Planning Agency director-general Isamu Miyazaki said yesterday the Japanese economy would start to recover from the beginning of 1996. "In view of the quarterly GDP data, not only public demand but also
      AFP  -  320 words
    • Article, Illustration
      Lock icon Roh and seven tycoons charged with bribery
      418 10 SEOUL Chairmen of Daewoo, Samsung, Dong Ah among chaebol heads indicted in graft scandal Reuter AFP FORMER president Roh Tae Woo and seven of South Korea's top tycoons were charged yesterday with bribery in a corruption scandal that has rocked the nation. Senior
      Reuter; AFP  -  418 words
    • Article
      Lock icon Public money may be used to solve loan crisis
      163 10 TOKYO Reuter FINANCE Minister Masayoshi Takemura said unrecoverable loans at Japan's housing loan companies total at least 6.2 trillion yen (5586.18 billion) and public money may be needed to deal with the problem. Mr Takemura said that a specific scheme to
      Reuter  -  163 words
    • ASIANotes
      • Article
        Lock icon Australia probes immigration racket
        66 10 UPI [SYDNEY] Hundreds of illegal immigrants are being smuggled into Australia via Indonesia by means of a suspected international racket, a Sydney newspaper reported yesterday. Unemployed people and manual workers are masquerading as managers, directors and accountants, according to a confidential immigration department report published by
        UPI  -  66 words
      • Article
        Lock icon Japan to recall international phone lines
        73 10 AFP [TOKYOJ Japan's international telephone carrier Kokusaf Denshin Denwa (KDD) plans to resell lines to be leased from British, German and US carriers by the end of March, a company spokesman said yesterday. KDD aims to set up l a network linking Japan to
        AFP  -  73 words
      • Article
        Lock icon Slower 1996 GDP growth for S Korea
        88 10 Reuter [SEOUL] South Korea's real gross domestic product (GDP) '< o.' is forecast to grow 7.5 per cent in 1986, down from an estimated per cent growth this year, the state-ftinded Korea Development Institute (KDI) said. The KDI said the pace of GDP
        Reuter  -  88 words
    • Article
      Lock icon China set to be world's biggest steel producer
      221 10 ■SYDNEY AFP CHINA is poised to overtake Japan as the world's biggest steel producer, boosting production by 30 per cent in 10 years and doubling imports of Australian iron ore, a government report said yesterday. But the report warned that other nations
      AFP  -  221 words
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      336 10 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS First Si Hnal Dividend of 20% (less 27% Singapore Income Tax) In respect of the financial year ended 30 Juno 1995 payable on 8 January 1996 At the Annual General Meeting of the Company heia
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      77 10 MOT I C JE S_ hill grove realty ltd *****,000,000 Guaranteed Floating Rate Notee Due 1999 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 3-month period from 6 December 1995 to 6 March 1996 (91 days) is 3.*****% per
      77 words
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      370 10 ENG TAT PETROLEUM SUPPLIES PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) A (2) of the Companies Act, Chapter SO that a Final Meeting of the Members of the abovenamed Company will be held at 20 Penjuru Road. Singapore *****7
      370 words
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      592 10 t MARINA GREEN LIMITED (IncofpofXd with Inrifd liability In tha Bapubllc of Singapore) 5550,000,000 Floating Rata Notes Dim 1996 Pur—ant to CONDmON 16 of the Notes, notice is hereby given that, in rMpact of the Interest Period from December 6,1995 and ending on (but excluding) March 6,1996:(a) the Rate of
      592 words
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      Page 10 Advertisements Column 5
      202 10 Standard Chartered *****,000,000 Negotiable Floating Rate Singapore Dollar Certificates of Deposit due in 6/6/2000 In accordance with the provisions of the abovementioned Certificates of Deposit, notice is hereby given that for the Interest Period from 6 December 1995 inclusive to 6 March 1996 exclusive the Interest Rate applicable to the
      202 words
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  • THE WORLD
    • Article, Illustration
      Lock icon French tug-of-war between labour, govt reaches new peak
      431 11 PARIS Prime Minister Alain Juppe offers to negotiate, but only on retirement age issue Reuter AFP A TEST of strength between French public service workers and conservative Prime Minister Alain Juppe reached a new peak yesterday with more strikes and mass demonstrations
      Reuter; AFP  -  431 words
    • Article
      Lock icon Nato approves plans to deploy troops in Bosnia
      168 11 BRUSSELS AFP Reuter NATO foreign and defence ministers yesterday approved plans to deploy 60,000 troops in Bosnia to implement the Dayton peace accord in the alliance's biggest operation yet. In a statement, the ministers also welcomed troop contributions pledged by nonNato members
      AFP; Reuter  -  168 words
    • Article
      Lock icon Global adspend forecast to reach US$261b this year
      309 11 LONDON Growth seen best in Asia-Pacific over next few years Reuter THE amount of money spent globally on advertising in print, television, radio, cinemas and outdoor posters was expected to reach U*****.1 billion (*****.15 billion) this year, a 3.8 per cent increase
      Reuter  -  309 words
    • Article
      Lock icon Economy seems to have landed softly, says NY Fed chief
      310 11 NEW YORK Reuter THE president of the Federal Reserve Bank of New York, William McDonough, said the US economy appears to have achieved a soft-landing combining low inflation, steady growth and low unemployment. But Mr McDonough warned the Fed must
      Reuter  -  310 words
    • Article
      Lock icon Mexico gets US$6b investment pledge
      433 11 MEXICO CITY Bayer and Nissan among 100 firms to invest next year Bloomberg Business News A GROUP representing 100 foreign companies with the largest operations in Mexico has pledged to invest US$6.3 billion (SSB.9 billion) in the country in 1996, an increase of 53 per
      Bloomberg Business News  -  433 words
    • Article
      Lock icon US sets up centre for E Europe investment
      142 11 BRUSSELS Reuter US Secretary of State Warren Christopher on Monday opened a US trade and investment centre aimed at helping American businesses to break into the emerging markets of Eastern Europe and the former Soviet Union. US officials called the Brussels centre
      Reuter  -  142 words
    • WORLDWatch
      • Article
        Lock icon German economy slowing down
        63 11 Bloomberg Business News (SPEYER, Germany] Bundesbank chief economist Otmar Issing yesterday said the German economy was cleariy slowing down, even though 1995 economic data remained plagued by uncertainty. The uncertainty is due to economic reports being adjusted both to European Union standards and the creation of
        Bloomberg Business News  -  63 words
      • Article
        Lock icon US switching to new GDP gauge
        87 11 Reuter [WASHINGTON] In the most sweeping change since the *****, the government is in the final stages of altering the way it calculates Gross Domestic Product (GDP), the broadest measure of the economy's overall health. Private economists say the new gauge, which has been
        Reuter  -  87 words
      • Article
        Lock icon Dole ahead in Republican race
        94 11 Reuter [WASHINGTON] Senate Majority Leader Bob Dole remains far in the lead for the Republican presidential nomination to face President Bill Clinton, with no one close and election year nearly at hand. With the first nomination preference votes of the presidential rartipatgn only two months
        Reuter  -  94 words
      • Article
        Lock icon Russia still in economic crisis
        71 11 Reuter [MOSCOW] Russia has a long way to go before it is out of an economic crisis, despite a slowdown in inflation, halt in the fall in output and a stable rouble. Prime Minister Viktor Chernomyrdin yesterday said: "These successes do not mean victory in
        Reuter  -  71 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      59 11 Investment Opportunity AMUSN MVHftNMMV Hit PARRAMATTA CBD SYDNEY, AUSTRALIA 12-14 Phillip Street Flexible development options Extensive river frontage Site area 5 091 m 2 approx. •j Offered for sale on behalf of Parramatta City Council TINDIRS CLOSI 30 JANUARY, 1996 Contact: Ashley Wee or David Ling 45th 46th Floors, Shell
      59 words
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      Page 11 Advertisements Column 2
      151 11 FOR SALE BY INTERNATIONAL TENDER. Tenders close Thursday 14th December 1995 at 4pm. QUAYSIDE BALMORAL SHOPPING CENTRE AND CENTRAL PARK SITE FRANKSTON, MELBOURNE THE RETAIL KEY TO THE PENINSULA THE KEY TO RETAIL SUCCESS. KEY LOCATION. KEY TENANTS. KEY DEVELOPMENT POTENTIAL. QUAYSIDE BALMORAL SHOPPING CENTRE Premier investment. Building area: 21,083m2*.
      151 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      US can count its economic blessings
      758 12  -  THE BOTTOMLDfE OPINION By Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in the Los Angeles Times YOU would not guess it from the lurid headlines, but the United States does have much to be
      758 words
    • Article
      IN OTHER WORDS
      163 12 'You can't impress anyone with your credit cards anymore.' Rabat Mcßnley president of RAM Research, which studies credit cards, on how gold cards are becoming commonplace. 'Potato chips are the cola of snacks.' -Inrin Gordon senior vice-president of marketing, sales and technology at PepsiCo Inc's international snacks
      163 words
    • Article
      Hongkong is not for dying
      513 12 EDITORIAL EVEN to pose the question "Is Hongkong Dying?" as was done at the recent Pacific Rim forum in Bangkok, is to make an alarmist statement that is hardly warranted by the facts. The only scenario in which it might conceivably have some relevance would
      513 words
    • Article, Illustration
      Both parties gain in new Enron deal
      893 12  -  Maharashtra state and consortium agree on painless terms for Dabhol power project to ahead By] Prem Shankar Jua The writer, former editor of The Hindustan Times, contributed this article to BT THE AGREEMENT reached by the expert committee set up by the government
      893 words
    • Article
      WHAT THE OTHERS SAY
      826 12 Some Iwinin ftm Lmot AS Nick Leeson, the former futures trader blamed for the collapse of Barings Bank, begins his six-and-a-half-year sentence in Singapore's Changi prison, wider lessons can be drawn for the prosecution of financial fraud cases in other countries. Many features of this trial
      826 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      56 12 DOOHESBPRYift/ Gary Trudeau MR. wm, I HAVE A mi, 7HATS BOUND 70 CHANGE, BUT AFTER ONVf PRO6UM. HERE IN Ss MISSY! IN TAIWAN, FOR EX- tyMnfl 1I POUR YEARS OF AP- COOL' LOIS OF tZ? CHINA,/75NCTTACCEPT- AfAPLE, BEFORE U.S. TOBACCO JAW VWZNG%,WH6URB 'MUSE GRLSPO' AOS FOR GIRLS TO COMPANIES ENTERED
      56 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Re-shaping reality
      1313 13  -  Jennifer Jason Leigh's latest movie Georgia hits close to home, reports johk amdersom JOHN ANDERSON AP MB CTRESSES exist most profoundly within the lives they borrow but unless they're Norma Desmond, the faded and pathetic movie queen in Billy Wilder's Sunset Boulevard, they generally know where to draw
      AP  -  1,313 words
    • Article, Illustration
      Lock icon Safety is all when buying a toy
      648 13  -  FAMILY No pitch or ad budget can help if toy is perceived as unsafe By Bernice Kanne Bloomberg Business News [NEW YORK] Toy companies .spend almost US$l billion (Ssl.4 billion) a year advertising their wares, but all that money won't help if a
      Bloomberg Business News  -  648 words
    • Article
      Lock icon Pooped out partying
      792 13  -  ENTERTAINMENT Popular celebrities find themselves swamped with invitations By, James Baron NYT [NEW YORK] The designer Kalinka began the week with the kind of problem that goes with having a drawer full of party invitations: Which night should she wear her short seethrough dress and which night
      NYT  -  792 words
    • Article, Illustration
      The best...at a price
      422 14  -  EATING OUT Jaime Ee YOU could say that if you've cooked with Paul Bocuse, you've cooked with the best, and hence, the best rubs off on you. "Best" is of course a subjective word, but considering that Roger Jaloux is Chef de Cuisine at Bocuse's three
      422 words
    • Article, Illustration
      Lock icon Dreaming of a White House Christmas
      813 16  -  PEOPLE Amidst (Slant firs and handmade stockings, the First Lady makes plans to support US troops in Bosnia By\ Marian Burros NYT [WASHINGTON] The more traditional first lady role that Hillary Rodham Clinton assumed last year after the defeat of her health care bill
      NYT; AFP  -  813 words
    • CHATTERBox
      • Article, Illustration
        Lock icon Premiere appearance
        34 16 Reuter [BEVERLY HILLS] Director Ang Lee Gelt) posing with Emma Thompson and Hugh Grant, stars of his new film Sense and Sensibility on Monday. Thompson also wrote the screenplay for the film.—Reuter
        Reuter  -  34 words
      • Article
        Lock icon Dr Quinn has twins
        72 16 UPI ACTRESS Jane Seymour, known to her TV fans as Dr Quinn: Medicine Woman, gave birth last week to twin boys, named John Stacy Reach and Kristopher Steven I Reach. They are her first children with her fourth husband, actor-director James Reach (actor Stacy Reach's brother).
        UPI  -  72 words
      • Article
        Lock icon Princess Di in New York for award
        97 16 UPI NEW YORR fans of Princess Diana will have their first chance this month to catch a glimpse of their heroine in the flesh since her candid BBC interview about ho* marriage and separation was aired on American TV. Princess Di will be
        UPI  -  97 words
      • Article
        Lock icon Streisand can't sing at Rabin rally
        111 16 UPI BARBRA Streisand has found that she will not be able to sing this Saturday at a memorial rally for slain Israeli Prime Minister Yitzhak Rabin at New York's Madison Square Garden although she had earlier been scheduled to do so. It seems orthodox
        UPI  -  111 words
      • Article
        Lock icon Beatles release first single in 25 years
        124 16 Reuter THE Beatles on Monday released their first single in 25 years with John Lennon's rasping voice echoing from beyond the grave in Free as a Bird. But bookmakers say they could be kept from the coveted number one slot by Michael Jackson
        Reuter  -  124 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      89 13 Steamers Maritime Holdings Limited (Incorporated in the Republic of Singapore) To ALL CLS HOLDERS OF STEAMERS MARITIME HOLDINGS LIMITED S 5533,510,193 PRINCIPAL AMOUNT OF 1.5% UNSECURED CONVERTIBLE LOAN STOCK DUE 1999 ("CLS") CHANGE OF ADDRESS OF CLS REGISTRAR We wish to advise that the address of the CLS Registrar, Lim
      89 words
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      Page 13 Advertisements Column 2
      280 13 BUSINESS TIME.S TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 THE COMPANIES ACT (CAP. 50) MURBEL ASSOCIATES PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of MURBEL ASSOCIATES PTE LTD duly convened and held at 585 North Bridge Road #11-07 Blanco Court Singapore *****0 on 30 November
      280 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      333 14 Menu Superior shark's fin 9V Stewed goose meats Scallops with asparagus BB Fresh oyster with garlic Seafood rolls noodles Dessert CHINA CHINA RESORT RESTAURANT (OPEN TO PUBLIC) Supertoowl Gotf A Country Oub (Farmer Mains Bay Golf 4 Coirtry Club) 6 Manna Green. Singapore 0101 Tet *****18,322 4228 Fax. 226 1390
      333 words
    • Advertisement
      Page 14 Advertisements Column 2
      151 14 f ftb Yunnan, you can dine on our wide offerings of Cantonese cuisine, HunarySichuan, Hong Kong Tim Sum, Seafood or Yunnan Garden Restaurant 2 Jurong East Street 21 #05-01 (IMM Building} Singapore *****1 Tel: 568 2228; Fax: 568 2231 lI^Ll House Restaurant 3E River Valley Road #01-09/11 Clark Quay Singapore
      151 words
    • Advertisement
      Page 14 Advertisements Column 3
      100 14 "GOOD OLD FASHIONED FUN. AT CLUB 5." ML English and Chinese ail-time favourites performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm to 8 pm, with one for one standard drinks. Club 5. It's the place for good old fashion fun.
      100 words
    • Advertisement
      Page 14 Advertisements Column 4
      99 14 MORE THAN JUST I SEAFOOD! I Besides live seafood. Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. SIR6P IF/Fl L seafood restaurant 920 East Coast Parkway, Singapore 1544. Tel: 345 1111 —^———jIBBSB Popular
      99 words
    • Advertisement
      Page 14 Advertisements Column 5
      112 14 I fancy Heijing? IThen, wt'rt delighted to suggest the fine Courtfor amanorable dining experience. Our lunch menu offers a variety of dion K}n 'Beijing dumplings, a selection of j, set menus, and 'Beijing specialities MXYV such as 'Beijing BaHgd Tench and |(qh3K| Marinated Lamb. 7ancu some now? CHINESE J RESTAURANT
      112 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      504 15 2-0001, at 30 Where to wine, dine and entertain Well! Here's the perfect chance to find out. The ANA present an Ocean of Freak Oyster* at the Cafe-in-the-Parh between Ist 23rJ December. It. an affair that will satisfy the mo*t ardent of diners and we feel confident that you will
      504 words
    • Advertisement
      Page 15 Advertisements Column 2
      147 15 >>•!■■■■ Jirf%iiiihhii OmMfmFMk •SkartafiAi.CLqpol •Brwoed Whole Ahmltme orator A-UK*uUm%>,d •Lobtler in XO Sauce "neniWm****.' Claypot Prawiu with Tug Htm ijlsi Curry Crabi Thai-Style Tj^P* Steamed Mm *«> H i f ffi THAI SHARKHNS RESTAURANT j Stwt Wl-00 Staq^xwo6BB3oT# *****86 Ft *****36 |j O Hotel Melid-Scoffs HIGH FASHIOH AT HIGH TEA
      147 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      813 15 TV&RAPIO 230 Peter Gunn. 030 Melewati Batas Waktu. I, Mt\ li .•!tfTTiTTiTS—l——i—— L"™i" 236 MTV's Most Wanted (r). 1030 The Death of a Tea Master LOO PM M.O.G. as Seen on TV 13S The Album Show. (See Our Choice). Show 130 Super Dave. 12.00 MN SEA Games Soccer Ji« 330
      813 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      253 15 CRYPTIC CROSSWORD ACROSS lpj|ipjH|pjp 1 After church, Ryan's upset by ■■r"]1lBl ■■1"""'U~ the parent's bloomer (13) 7lt is hard work to obtain powder V I f 8 Friends coming back stay with K jjjjjl H H If the comedy (9) j 9 Left one's part, being agile (7) 10 In
      253 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      534 16 9 v HP OmniGo 100 is the only organiser enough to suit any workstyle. You can the keyboard or write and draw directly icreen with the pen; use it horizontally or ly. View the screen in both landscape and portrait modes, or flip the keyboard behind the screen. Move jotter
      534 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      OPH to raise $150m from issue of 5-year bonds
      338 17  -  Proceeds will be used to refinance loans, renovate Orchard Parade Hotel and for working capital By Michelle Low [SINGAPORE] Ng Teng Pong's Orchard Parade Holdings is raising $150 million through a bond issue to refinance existing borrowings, renovate its flagship property
      338 words
    • Article, Illustration
      No mure horsing around for VDH with Kotjo at the reins
      665 17  -  HOCK LOCK SIEW By Lee Han Shih N ITS chequered history, Van S der Horst (VDH) has been a H speculative favourite. But it has never managed to attract institutional interest in a major way. VDH chairman Johanes Kotjo
      665 words
    • Article, Illustration
      Lock icon Parkway says no stock changes
      299 17  -  By I Shiv Taneja [SINGAPORE) Parkway Holdings said yesterday there had been no change in its substantial shareholders in the past two days, despite heavy trading in its stock. But it noted that the law allowed a substantial shareholder two days to notify the company
      Source: Bloomberg; BCRUZ  -  299 words
    • Article
      Telecom signs deal to swap its stake in UK cable TV company
      227 17 [SINGAPORE] Singapore Telecom International (STI) has agreed to sell its interest in a UK cable television company to another cable firm there. Under an agreement signed on Monday, Comcast UK Cable Partners will buy STl's 50 per cent
      227 words
    • Article
      Thakral Corp signs deal with Matsushita
      142 17 [SINGAPORE] Thakral Corp Ltd, part of the Singaporebased Thakral family's stable, said yesterday it has signed a technical assistance agreement with Japan's Matsushita Electric Industrial (MEI). The three-year deal, made through joint venture firm Chengdu Thakral Electronic Industrial Corp, will strengthen its technical expertise,
      142 words
    • Article
      Armstrong debut expected to be modest
      204 17  -  By] Michelle Low [SINGAPORE] Armstrong Industrial Corporation is expected to make a modest debut today when it starts trading on the ma in board. Analysts think that general sentiment towards initial public offerings has cooled. At the close of Armstrong s offer on Monday,
      204 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon M'sia ready for straddles and straps?
        835 18 Stock-index futures' debut in KL next week could be a welcome tool or a quagmire of problems Bloomberg Business News r [KUALA LUMPUR] Short straddles, long straps, butter- flies and even strangles are about to make their debut here. And like all new fash-
        Bloomberg Business News  -  835 words
      • Article
        Lock icon Genting shares seen reopening flat to lower
        476 18 Most brokerages recommend the stock as long-term boy AFX-Asia [KUALA LUMPUR] Genting Bhd shares are expected to reopen flat to lower tomorrow after its shares were suspended at M 521.90 on Oct 30, with most brokerages recommending the share as a long-term buy,
        AFX-Asia  -  476 words
      • Article
        Firms selling US stocks here need to be alert, says adviser
        332 18  -  By I Siow Li Sen [SINGAPORE] Firms selling US equities in Singapore have to be constantly on their toes to make sure they do not breach regulations, a visiting American adviser said on Monday. "It's so highly regulated, it's
        332 words
      • Article
        Lock icon Aussie, M'sian bourses to coordinate trading hours?
        260 18 Reuter [SYDNEY] Recent discussions with the Kuala Lumpur Stock Exchange (KLSE) indicated that trading hours between the Australian and Malaysian stock exchanges would be synchronised, Richard Humphry, managing director of the Australian Stock Exchange (ASX), told Reuters. Mr Humphry said he and Nik
        Reuter  -  260 words
      • Article
        Liang Court unit tipped to clinch job for Gokongwei's hotel
        376 18  -  From, Al Labita in Manila SINGAPORE-BASED Liang Court Vernon Pte Ltd is likely to.be the construction manager of a $83.3 million hotel planned by Filipino tycoon John Gokongwei, a project official said yesterday. Construction of the five-star hotel on a
        376 words
      • Article
        Lock icon Time Engineering chief does not rule out merger
        105 18 Bloomberg Business News [KUALA LUMPUR] The chairman of Time Engineering Bhd, one of Malaysia's new telecommunications companies, said he will leave the issue of merging with Telekom Malaysia Bhd to "people at the top" (a likely reference to government leaders) the Star
        Bloomberg Business News  -  105 words
      • Article
        Lock icon Tenaga Nasional plans expansion into other areas
        97 18 Bernama [KUALA LUMPUR] Tenaga Nasional Bhd is reorganising its whole structure and expanding its operational base, and expects 20 per cent of its revenue to come from noncore activities, especially in the property business. "TNB is diversifying its activities into areas that are
        Bernama  -  97 words
      • Article
        Lock icon Kemayan plans M$180m bond issue
        178 18 Bernama [KUALA LUMPUR] Kemayan Corporation Bhd has proposed to issue MslBo million (Ssloo million) worth of redeemable guaranteed bonds with a maximum of 87,794,021 detachable warrants to Hwang-DBS Securities Sdn Bhd. Hwang-DBS in turn has offered to sell the entire warrants in Kemayan arising from
        Bernama  -  178 words
      • COMPANYBriefs
        • Article
          Edmund Tie on Sembawang committee
          62 18 [SINGAPORE] Sembawang Corporation said yesterday it had appointed Edmund Tie as a member of its audit committee following the resignation of Peter Chan. The committee is now made up of Peter Seah (chairman), Mr Tie and Tan Mong Seng. Mr Seah and Mr Tie are
          62 words
        • Article
          PT Koh Bros raises paid-up capital
          50 18 [SINGAPORE] PT Koh Brothers Indonesia a wholly owned unit of Koh Brothers incorporated in Batam in 1908 to undertake property investment, dealing and development—has raised Its paid-up capital from US$l J5 million (SS2.I million) to PSfT.Q&mtlltan, r*wnpri«ing an enlarged number 0f4,700 shares ofUBsl,3oo each.
          50 words
        • Article
          Cosco announces transfer
          60 18 [SINGAPORE] Diversified Cosco Investment, whose interests range from shipping to property, announced yesterday that its president and managing director, Wei JiaFu, will be transferred to Cosco TtaqJ in from Dec 21. The news confirmed a report in BTs On The Grapevine column last month. Capt Wei is
          60 words
        • Article
          First Engineering's general manager
          37 18 [SINGAPORE] First Engineering Ltd has choeen Andrew Sin Kwong Wah to replace Loy Liang Peng as its general manager. Mr Sin was general manager of Miyoehi Precision before his new appointment last Saturday.
          37 words
    • INTERNATIONAL COMPANIES
      • COMPANYBriefs
        • Article
          Lock icon Microsoft rolls out Chinese Windows 95
          86 19 Bloomberg Business News [HONGKONG] Microsoft Corp yesterday released a Chinese version of its Windows 96 software, but some computer stores here said the new program may not be available soon. White Windows 96 was introduced to the world In August with a US$l billion
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Philips names next chairman
          104 19 Bloomberg Business News [BINDHOVEN, Netherlands] Philips Electronics NV said {Cor Boonstra will succeed Jan Timmer as Its chairman and chief executive in October next year. Mr Boonstra is Philips' most senior executive in chiurge of operations in Asia, an area that the Dutch electronics company considers
          Bloomberg Business News  -  104 words
        • Article
          Lock icon KDD on the hunt for phone lines
          100 19 Bloomberg Business News [TOKYO] KDD, Japan's largest telecommunications service, is seeking to buy the rights to dedicated high-capacity international telephone lines from overseas companies for resale by March nest year, the NlhonMtlxai newspaper said. KDD is looking to buy the rights to AT&T's
          Bloomberg Business News  -  100 words
      • Article, Illustration
        Lock icon Hang Seng breaks 10,000 before easing back
        433 19  -  US funds said to be buying bine chips ahead of expected Fed rate cnt Frown Quak Hiang Whai in Hongkong STOCKS in Hongkong yesterday rallied for the fourth straight session yesterday and briefly breached the psychological 10,000 level on the benchmark Hang Seng
        Source: Bloomberg; BCRUZ  -  433 words
      • Article
        Lock icon Antitrust scrutiny of Microsoft intensifies
        281 19 Reuter [NEW YORK] Microsoft Corp, criticised by Wall Street for lack of an Internet strategy, faces more serious scrutiny by the US Justice Department as it seeks data from upstarts who are challenging the software giant. Earlier, H&R Block's CompuServe and Prodigy Services confirmed they
        Reuter  -  281 words
      • Article
        Lock icon Murdoch's control of media under fire
        247 19 Reuter [CAMBRIDGE, Massachusetts] Viacom International Inc chairman Sumner Redstone criticised media mogul Rupert Murdoch for controlling the distribution of programmes in Europe and Asia. In a speech at Harvard Law School, Mr Redstone said "gatekeepers" organisations controlling access to the systems which deliver programming
        Reuter  -  247 words
      • Article, Illustration
        Lock icon GM chief to step down voluntarily
        295 19 NYT [NEW YORK] Marking the end of a brief but critical era at General Motors Corp, John Smale, the outside director who led a boardroom coup in 1992 and became chairman, said on Monday that he would voluntarily step down from the post on
        NYT; REUTER  -  295 words
      • Article
        Lock icon The last big bear on Wall Street turns bullish
        309 19 NYT [NEW YORK] The last of Wall Street's prominent bears has turned cautiously bullish, concluding that "a fundamental shift" in the way investors evaluate shares probably means that stock prices will be far higher than he had thought possible. "The powerful
        NYT  -  309 words
      • Article
        Lock icon Reliance not delisting from Bombay bourse
        171 19 Bloomberg Business News [BOMBAY] Reliance Industries, India's largest private sector company, said it has agreed to a request by the Bombay Stock Exchange not to delist its stock. "Our board of directors has met and decided to accede to your request that the matter
        Bloomberg Business News  -  171 words
      • Article
        Lock icon BHP makes organisational changes
        195 19 Reuter [MELBOURNE] The Broken Hill Proprietary Co Ltd announced major organisational changes and senior staff appointments which it said were aimed at strengthening management to provide for growth and to allow for generational change. John Prescott, BHP's managing director and chief executive officer, announced an increase
        Reuter  -  195 words
      • Article
        Lock icon Market applauds Netscape-Sun alliance
        376 19 Shares serge as firms tie up to thwart Microsoft on Internet Bloomberg Business News [MOUNTAIN VIEW, Califor nia] Shares of Netscape Communications Corp, Sun Microsystems Inc and Silicon Graphics Inc surged after the companies joined forces to thwart a rival effort by Microsoft Corp to develop
        Bloomberg Business News  -  376 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Goodwill offered Stanchart Securities
        350 20 Mm follows poll oat of other suitors over failure to agree od price SCMP [HONGKONG] The planned sale of Standard Chartered Securities moved a step forward with London-based Standard Chartered Bank making an exclusive offer to Goodwill Investment (Holdings). Goodwill, the Hongkong merchant bank chaired by
        SCMP  -  350 words
      • Article
        Lock icon US derivatives market grew 23% in first 6 months this year
        259 20 Poor publicity didn't dampen investor interest: report NYT [NEW YORK] The derivatives market grew by 23 per cent in the first half of the year, in the face of poor publicity about the financial contracts. ""Derivatives sold over-the-counter by
        NYT  -  259 words
      • Article, Illustration
        Lock icon No stellar returns from US bonds in '96
        361 20 Bloomberg Business News [NEW YORK] Don't expect next year's bond market to provide the kind of returns that have made 1995 one of the best years ever for fixed-in-come securities. Some of the nation's top money managers say the benchmark 30-year Treasury
        Bloomberg Business News; Source: Bloomberg; JEN CHUA  -  361 words
      • Article
        Lock icon Frank Russell to launch 15 new indices for Japan
        274 20 Bloomberg Business News [NEW YORK] Frank Russell Co will launch IS new indices for the Japanese bourse to enable big pension fluids to better measure the performance of their money managers. Washington-based Frank Russell's push into Japan comes 11 months after
        Bloomberg Business News  -  274 words
      • Article
        Lock icon China to abolish interbank lending brokerages
        223 20 Reuter [SHANGHAI] The People's Bank of China has ordered all existing interbank lending brokerages to stop operation by the end of April next year to pave the way for a national interbank market. The Shanghai Securities News said yesterday that starting Jan 1,1996, all
        Reuter  -  223 words
      • Article
        Lock icon CURRENCY REPORT
        170 20 Reuter THE dollar was locked in its higher range in Europe with the market awaiting fresh incentive, although dealers reckon the pre-Christmas lull is now underway in earnest. Only the French franc continues to provide interest and it has managed to retrace quite strongly amid widespread mark profit-taking.
        Reuter  -  170 words
      • Article
        Lock icon S Korea keen on buying Alaskan crude oil
        302 20 ENERGY REPORT Reuter [SEOUL] South Korean oil refiners, welcoming the lifting of a 22-year ban on exports of Alaskan crude oil, are ready to seize the opportunity of diversifying their crude supply lines, industry sources said yesterday. The medium sulphur crude is
        Reuter  -  302 words
      • Article, Illustration
        Untitled
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        932 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Morgan Stanley to target wealthy private clients
        467 21 Firm plans to expand aggressively to get 4 mnltiple billions of dollars of client funds under management' NYT [NEW YORK] Morgan Stanley Co intends to expand its private-client business aggressively over the next few years, adding several hundred brokers and raising by billions
        NYT  -  467 words
      • Article
        Lock icon Prudential Realty to cut 200 jobs
        96 21 Bloomberg Business News (NEWARK, New Jersey] Prudential Insurance Co of America, in a move to cut costs, will slash 200 jobs and close four offices in a unit that invests in commercial real estate. The largest US life insurer said yesterday it will shut
        Bloomberg Business News  -  96 words
      • Article
        Lock icon Lloyd's Names suggest option
        324 21 Bloomberg Business News [LONDON] A document by the Lloyd's Names Associations' Working Party (LNAWP) said that Names could benefit if Lloyd's closed its doors to new business and went into "runoff", paying future claims out of reserves and investment gains. The discussion paper also stated that
        Bloomberg Business News  -  324 words
      • Article, Illustration
        Lock icon Vietnam removes US$100 coffee tax
        170 21 Reuter [SINGAPORE] Vietnam has removed a US$lOO (Ssl4l) a tonne export tax on coffee from yesterday as local prices moved below the US$2,OOO a tonne fob Ho Chi Minh level. Traders said this has sparked a new wave of selling from this origin. The move,
        Reuter  -  170 words
      • Article
        Lock icon US banks must unite to tackle online challenge
        419 21 Top banker warns of dire fate if industry does not work together for change Reuter [ATLANTA] Hugh McCoU, chief executive officer of Nationsßank Corp, says the US banking industry could face the same fate as railroads unless banks band together to meet
        Reuter  -  419 words
      • Article
        Lock icon RTC board's last meeting closes book on S&L crisis
        237 21 Bloomberg Business News [WASHINGTON] The board that oversees the Resolution Trust Corp had its last open meeting in its current form on Monday, ending an era in which fiie RTC took over and sold some 747 US thrift institutions at a
        Bloomberg Business News  -  237 words
    • COMMODITIES&FUTURES
      • Article
        COMMODITYReports
        846 22 [KUALA LUMPUR] Tin price on the Kuala Lumpur Tin Market ended unchanged at M 515.69 per kg, with sentiment being bullish despite an easier close on the London Metal Exchange. At the opening level, bids amounted to 76 tonnes while offers were at 81 with final turnover settling at
        846 words
      • Knight-Ridder Commodity Summary
        • Article
          Ukraine grain harvest steady
          176 22 [KIEV] Ukraine's grain harvest this year was virtually unchanged from last year, and the country will be able to export some grain, the Agriculture and Food Ministry said, according to a report from the Interfax News Agency. Ukrainian sugar beet and sunflower oil output were higher
          176 words
        • Article
          France producing more maize
          87 22 [PARIS] Total Prench 1995 maize output is seen at 12.67 million tonnes, the French maize producers association AGPM said in its monthly newsletter. The planted area in 1995 was said to total 1.67 million hectares and the yield was seen at 7.6 tonnes per hectare. The
          87 words
        • Article
          German beet yields less sugar
          111 22 [HAMBURG] The average sugar content of German sugar beets delivered to refineries so far this season, as of Friday, was 16.7 per cent, down from the average content of 17.2 per cent a year ago, the German Sugar Association (WVZ) reported yesterday. Beet processing was
          111 words
        • Article
          Coffee tops Tanzania's exports to Japan
          98 22 [NAIROBI] Coffee tops Tanzania's exports to Japan which have been growing at about a rate of about 20 per cent in the last three years according to a report by the Japan External Trade Organisation (Jetro). Coffee accounted for almost 75 per cent of
          98 words
        • Article
          Freeport's Indon metals reserves rise
          87 22 [NEW YORK] Freeport McMoßan Copper and Gold Inc announced yesterday that proven and probable copper, gold and silver reserves at its Grasberg deposit in Irian Jaya, Indonesia, have increased 600 million tonnes. The reserves average 1.18 per cent copper, 1.10 grams per tonne gold and
          87 words
      • Article
        Lock icon SIMEXReport
        1087 22 Reuter [SINGAPORE) Simex Euroyen and Japanese government bond futures ended lower but within their recent ranges, with players sidelined ahead of the release of the Bank of Japan's quarterly tankan corporate survey on Friday. Dealers said volumes remained thin as the market failed to react to the results of
        Reuter  -  1,087 words
    • Article
      COMMODITY PRICES
      1063 22 SICOM FUTURES RU8RER (Mam ctai* at SJOva) Rtti contractu ««*«> OMt Mm* 9m U* Stti (twww) tfrtrt JmH 222.29 221.50 ***** 125 2375 F* 96 ***** 217.50 ***** 200 1000 222.23 215.50 221.50 300 1650 Apf/Jun 96 222.00 213.00 219.00 1650 ***** jW&R* 219.00 219.00 219.50 75 *50
      1,063 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2255 23 -17*4 STOCKS were little changed as a fall in shares of precision instrument makers and steelmakers offset gains in the brokerage and aviation industries. The Nikkei Average fell 17.84 points to 18,879.53. The Topix Index declined 0.45 to 1,502.26. The Nikkei 300 index rose 0.04 to 282.35. Some investors
        2,255 words
      • Article
        Sydney
        3050 23 ♦03 Share prices edged up slightly, as the market consolidated its gains made on Monday when the local bourse rocketed to a 22-month high. "People might perceive the market to be disappointing today but the fact is it had to consolidate its rise of yesterday," a trader said. The
        3,050 words
      • Article
        Manila
        2531 23 -L 43 Share prices dropped as investors took profits following a nine-day rally. "It's undergoing a technical correction. It's natural to expect investors to take profits at these levels," said a trader. The PSE Composite Index fell 1.43 points to 2,551.57. Turnover was 2.14 billion shares valued at 3.3
        2,531 words
      • Article
        Taipei
        2263 23 ♦27.08 Share prices finished higher in cautious trade, with all eight major categories of shares posting modest gains. "Following yesterday's drop, market sentiment turned cautious and most investors refrained from taking initiative in buying or selling stocks," said a dealer. The 2321-issue Weighted Price Index advanced 27.08 points to
        2,263 words
      • Article
        Seoul
        502 23 ♦1103 Stocks rose for a second day on expectations of an early end to the US$65O million (Ss9l6 million) slush fund scandal. Seven top business leaders accused of bribing former President Roh Tae Woo, including Daewoo Group chairman Kim Woo Chung and Samsung Group chairman Lee Kun Hee, were
        502 words
      • Article
        Wellington
        2454 23 +10.47 Shares rose as bond yields declined to their lowest level in 19 months, increasing the allure of equity yields. Shares in Telecom, held by many investors for their high yield 7.72 per cent at yesterday's closing price led the market higher. The stock climbed six cents to NZ$6.4B.
        2,454 words
      • Article
        Bombay
        87 23 -28JI Share prices finished lower, undermined by end-of-account trade and dragged down by market leader Reliance. Brokers said a compromise reached between the BSE and Reliance with the latter deciding not to pursue its demand to delist took away the "speculative element" which drove the stock. "The problem is
        87 words
    • WORLD STOCK MARKETS
      • Article
        New York
        750 23 ♦34,32 Stocks rallied, led by drug, health-care and household products shares, as Investors looked to those companies to provide the biggest earnings growth during the first half of 1996. Investors bet that econom- ic growth will slow enough to prompt the Federal Reserve's policy committee to lower rates
        750 words
      • Article
        London
        609 23 -5J5 SHARE prices closed down but well above their day's lows, supported by a rally on Wall Street in morning trading which saw the DJIA test new highs, dealers said. The FT-SE 100 Index closed down 5.5 points at 3,664.2, above a low of 3,651.4 but off a high
        609 words
      • Article
        Untitled
        382 23 rntmtmm »M »M» «yr %yr Wyr OMI MM AM cim tea *7™. r !T iTx——!£2SEL»223E mm bm 55 Sj o3 as asnasi t CATC 5*3.0 0.1 4.5 0.0 J.2 0.1 OS toy WS4 OS at OS 12.7 OS IM Hon eoo.8 -OX -02 -0.4 -OS -V5 r«Urt 1012,4 4K 4.)
        382 words
    • Article, Illustration
      Lock icon HONGKONG
      2416 24 Reuter AFX-Asia P Hang Seng ♦34.74 STOCKS closed modestly higher, giving back most of their gains from a sharp early surge that took the main index above the key 10,000 level The blue-chip Hang Seng Index gained 34.74 points to 9,975.37, well below the intra-day high of 10,063.14. The
      Reuter; AFX-Asia; BJ  -  2,416 words
    • Article, Illustration
      Lock icon JAKARTA
      1164 24 Qo— ■tehig ♦m INDONESIAN stocks were mixed as optimism about lower interest rates was tempered by concern that a growing current account deficit will cause the rupiah to fall. The Composite Index rose 2.86 points, to 496.78. "There was genuine foreign interest as investors bet on lower interest rates,"
      BCRUZ  -  1,164 words
    • Article, Illustration
      Lock icon CHINA
      627 24 Reuter nShuKhiißShrehig *<U7 SHANGHAI B share index closed firmer on institutional buying but was off its highs with no fresh capital flowing into the market because of weak sentiment, brokers said. The index ended up 0.17 point to 50.77 after hitting an intra-day high of 51.13 in early trading.
      Reuter  -  627 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares rise on prospect of stable rates
        6863 25 KUALA LUKPURReports Bloomberg Business News Ej|OwnDOßtaliiiai +€33 STOCKS rose to a two-month high as Investors responded to the prospect of stable interest rates. Slower growth reported last week by the central bank means the bank may not have to raise interest rates further
        Bloomberg Business News; ALLAN  -  6,863 words
    • WARRANTS&OPTIONS
      • Article
        Liang Court warrants look a safe bet for the risk averse
        3362 26  -  WARRANT WATCH -By] R Sivanithy IN A rising market, investors want to be holding warrants. A quick scan of yesterday's top percentage gainers list confirms this fact the leverage offered by the Instrument means that when the underlying shares
        3,362 words
    • Article
      CLOB INTERNATIONAL
      1811 26 Gr Cr V« Oay UHOMt* Mv Mv VM Nat M Cap Wan Law Sfo Cggg Salt COOP) MHH u, ggf %rnm 9* Or Pit to* 471 MOO AISB50C. 4MtO 5 404 4M 45* U U U U 4M7 J" J" AMOBSOc IS 1704 95 90 MS M U
      1,811 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        2031 27 TURNOVER fOOO) VAIUC COOO) mib cm im— cut T8H 51,500 49,154 *01.654 159.613 74,559 134,172 rkunc* 9,013 1930S 28,518 82,140 25,843 87,9*2 3.187 1,732 4,919 8,9*3 2,515 9,498 ArWrtWl 9,121 33,997 43,118 44.789 37.889 82,858 «*n»*«or 4,931 4.931 5.272 5.272 UK** 3.419 3.419 8*21 8,821 M.W 12*73 13.982 26.835 20J7S
        2,031 words
      • Article
        MAIN BOARD
        4330 27 Or Or M Wt 1995 Last Val 0»y LMt Ouota Otv Dtv Vto Net Cap A»g Hl» L— »M«a Ciinp any M> COOOI HN» U» Ifr »«—r CV W >■« Prtca MDUSTtUlS 210 176 1258 AcwSOc US188 *2 277 189 W M HO 123 311.2 490 318* m
        4,330 words
      • Article
        SESDAQ
        980 27 Or Cr M Wt 'LMt V«l Day Last Qvata Mv Div Yid Nat Cap Avg HN> t— W» CIW>|«| fOBW Hm» Law 8nyar M»r Cw XI Wo mm 322 40 a 2000 ABRHMqsSc 304 *12 800 306 292 302 304 18.0 6.9 0.3 66.1 134.4 296 280 SO a
        980 words
      • Article, Illustration
        Lock icon HOT STOCK
        66 28  -  -By Shiv Taneja JEN CHUA SINGAPORE Kim Eng Holdings' share price broke out of a declining pattern yesterday with a five-cent rise to $1.27 on a volume cf 3.2 million -10 times its lOday trading average. While dally RSI and Stochastics indicate an overbought position, investors with a
        JEN CHUA  -  66 words
      • Article, Illustration
        Surge in M'sian shares boosts local sentiment
        888 28  -  STOCK MARKET COMMENTARY Pattern of trading indicates foreign funds accumulating Singapore bine chips, brokers say By R Sivanithy [SINGAPORE] After a slow start yesterday, Malaysian stocks burst into life in the afternoon session, once again boosting sentiment here and enabling an across-the-board recovery
        888 words
      • ON THE GRAPEVINE
        • Article
          French biscuit giant may seek secondary listing
          108 28 FRENCH biscuit giant Danone, which has operational headquarters (OHQ) status in Singapore, may seek a secondary listing here soon. Sources say Danone Group, which is listed on the French Stock Exchange, is considering a listing here as it may need cash for its
          108 words
        • Article
          The hogemany of hedge-money
          106 28 RECENTLY, we reported rumblings in the market that United States hedge funds were quietly positioning themselves in both die Singapore and Malaysian stock markets, and that they were responsible for keeping the indices at certain levels. This talk was more widespread yesterday, especially after the STO
          106 words
        • Article
          Aztech confirms Eurobond plans
          136 28 ON DEC 2, we said in this column that computer sound card maker Aztech Systems was looking to raise cash through an Eurobond issue, and that Crosby and HG Asia have been appointed lead managers. Yesterday, Aztech wrote to the stock exchange confirming the plans. It
          136 words
        • Article
          Under one roof
          124 28 ANALYSTS and property developers watch puhlic land auctions in Hongkong very closely as the prices and the eventual development of the property could set new benchmarks for other industry players. So when one developer paid an outrageous HKIIO7 million (5119.6 million) for a relatively small piece of
          124 words
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      Page 17 Advertisements Column 1
      34 17 At home anywhere in the world. n 'W i M ■BHHV hRHH 4' ■49' r >• Boutiqui: Ncee Ann City, «01-07. Tel: 735 8 147 Corner: ISETAN Scotts. Level 3 TEL: 735 0539 1(10 /jPOHR
      34 words
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      Page 18 Advertisements Column 1
      238 18 Let Top-notch trainers enhance you chances in through 2 highly Enlightening Popular events I Effective Corporate Planning 1 Building the foundation for successful corporate planning and developing analytical skills for diagnosing benefiting from the ever changing business situations Learning how to implement action plans controls, making them work to your
      238 words
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      Page 19 Advertisements Column 1
      91 19 B Congratulates Watches of Switzerland on their new outlet at Paragon By Sogo Omega Constellation. 18k gold and steel. Swiss made since 1848. The sign of excellence Cindy Crawford's choice Probably todays most successful top model, Cindy Crawford knows how to match her image and elegance to the styles of
      91 words
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      Page 20 Advertisements Column 1
      73 20 I Tune In To The Most Listened To Morning '1 9 I Show In Town l£P/ ON f jr S] with Andr£ Joo Kim. Wake and catch the latest news, financial updates and traffic reports. Listen to them discuss topical fm jM W A ffl issues, take birthday Jl dedications
      73 words
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      Page 21 Advertisements Column 1
      108 21 Wkm JA WLWMW That's good news for you too. Because now more than ever, Digital need to contact for your IT needs H HI current andfuture. Why? Here just a few reasons: our -year our ongoing borderless ASEAN partnerships. All of which help you transcend both geographic and operating system
      108 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      70 24 SCRIBE HAND-MADE BY BALLY limited series of hand-made welled shoes uses fine French Calf leather and traditional craftsmanship 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy fitted with beech wood shoe trees /Va/ 12-month warranty complete overhaul within 3 years of buy SHOPS:
      70 words
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      Page 24 Advertisements Column 2
      15 24 Singapore Business Giving you the winning edge o The Bangkok stock market was close yesterday
      15 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      47 25 Celebrating Singapore's Enterprising Spirit Be part of the Enterprise SO list A ranking of the fitly most enterprising, privately-held local companies. Come forward and claim your place on the list. It's an honour. Call the Enterprise 50 hotline 290 8998 for a nomination form. doSSmi THEBUSINESSTIMES EOS
      47 words
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      Page 25 Advertisements Column 2
      8 25 jfL.:. ■■MBHBMMMe^ B II k,tdm| Pl* Ho 3025
      8 words
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      Page 27 Advertisements Column 1
      67 27 Save and invest with citibank, AND YOU COULD WIN A GOLD COAST VILLA. Want a chance to win a spectacular villa and 10 pairs of return tickets to Brisbane in cach of two lucky draws? Just call our 24-Hour CitiPhone Banking on 1X00) 225-5225 to open a deposit or investment
      67 words
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      Page 28 Advertisements Column 1
      55 28 m jDOtlifihfc* a 9 Wneas Uni "> CDL Hotels j H I I BE THE NG I V Market I I 3 managers show how I Us t I Available at Published by Times Periodicals. Newsstands Browse Buy at Caltex member ol Times the Bookshop post-offices 0 Mobil NTUC Super-markets
      55 words
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      Page 28 Advertisements Column 2
      334 28 Singapore Closing Share Prfees 5/12/1995 CLOSE PREV LOW HIGH *111## uss uss uss uss Jardine Matheson 6.69 6.60 6.60 6.80 If Strategic 2.81 2.76 2.79 2.85 HMMf 1 Dalf y Farm 0.84 0.82 0.825 0.84 I Hongkong Land 1.86 1.87 1.82 1.02 ■VHRPPPI Mandarin Oriental 1.20 1.22 1.19 1.25 EiiifclUftatf
      334 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      286 29 Knight-Ridder Reuter CAPER rates remain sickly but tightening supply of modern Pan am axes in the Atlantic would lead to higher rates, brokers said. But hard evidence of this is not yet apparent. In fact, some disappointing Panamax fixtures were reported in both the Atlantic and Pacific which
      Knight-Ridder; Reuter  -  286 words
    • Article
      MARITIME STOCKS
      287 29 ICS yjg too fcci u *t- CWTWst L46 *0.03 M4 ChuanHup 120 *0.04 66 Cosco In* 1.93 *0.01 6 FELS 6.05 unch 507 Fraiqht Links 0.75 -0.015 M OB llaMnga LI9 -0.04 SIS Hal Sun Hi* 0.92 -0.005 221 HttachlZosan 1.07 *0.02 n3 IMCHottng* HK 5.60 Jaya Holdings
      287 words
    • Article
      Asean shipowners to set up permanent HQ here
      334 29  -  Singapore chosen for its facilities and convenient location By' Yong Mei Fong [SINGAPORE] The Federation of Asean Shipowners' Associations (Fasa) wiU set up its permanent secretariat here from Jan 1 next year. The association's chairman, Lua Cheng Eng, revealed this at the
      334 words
    • Article
      Hanoi, HK, Manila urged to step up fight against piracy
      184 29 [SINGAPORE] A group of Asian shipowners has appealed to the Hongkong, Vietnam and the PhUippine governments to step up patrol surveillance in their waters against piracy. The Asian Shipowners' Forum Safe Navigation Committee said it was deeply concerned with the
      184 words
    • Article, Illustration
      Lock icon Charity through Sharity
      160 29 [SINGAPORE] The Port of Singapore Authority has berthed its Sharity Ship at the entrance of the World Trade Centre. The Ship—part of the Boys Brigade's Sharity Gift Box programme was launched on Saturday by PSA deputy chief executive officer (inter- national) Goon Kok Loon and National Council
      CHRIS LOH  -  160 words
    • Article
      Legal way must be only way to settle shipping disputes
      461 29 STRAIT TALE PIRACY and semi-official seizures of merchant shipping is something Asia knows a fair bit about. But it happens elsewhere. Recently a couple of notable incidents occurred in the Middle East Gulf. The first incident is just the latest
      461 words
    • Article
      Lock icon New row brewing over US$20b cap on P&I cover
      273 29 UK club seeks members' views on lowering limit LLoyd's List [LONDON] A survey of shipowners' opinions on the controversial US$2O billion (Ss2B billion) limit on protection and indemnity (P&I) cover has led to a new row. The views of owners controlling
      LLoyd's List  -  273 words
    • Article
      Lock icon Beijing yet to give nod to direct shipping links
      154 29 AFX-Asia Reuter [TAIPEI] Chinese President Jiang Zemin has not approved regulations providing for direct shipping links "across the Taiwan Strait", The United Evening News reported, citing a Chinese ministry of transport official. The official said Chinese authorities have mapped out a
      AFX-Asia; Reuter  -  154 words
    • Article
      Evergreen to call at Sendai from Feb
      197 29 [SINGAPORE] From February next year, Evergreen will include Sendai as a port of call in its Medway-Pacway service linking ports in the Pacific North West, the Far East and the Mediterranean. The Taiwanese line said in a statement that the call would mark
      197 words
    • Article, Illustration
      Forgoing a traditional role
      918 30  -  forwarders no longer just work as agents but are responsible for the movement of international cargoes By, Jens Roemer The writer is the regional director of Hartrodt HE role of inW ternational t&'.w 1 transport 10-3 3 gistics is more important than ever: Sourcing of j*',
      918 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      497 30 PAGE ABC Cont 17 AEL 17 AHl 3 API M Able 7 Accord 8 AWers 6 Ahrenkiel 4 Appenship 4 Ar ow JM IS Astro 12 Austral 9 Avant 6 B'tanq Mas 8 BSA 9 BTl 13 Bangladesh 14 Batamtndo 7 Bengal Br
      497 words
    • Article
      SHIPPING GUIDE
      14233 38 ETA ETA AJvartlaar Vmm< Voyaga Pg CTA eta Advartlsar VnmI voyaga Pg MW P—r» w— w— no. p t n No. Ho. Barcelona A 04/12 22/12 MISC GURU BHUM 5174 IS Ahldlan 04/12 23/12 M0L NEOLLOVD PASCAL 747S J 04/12 14/m »K" Liim NEDLLOYD COLOMBO 3280F M 30/12
      14,233 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        670 47 I V«t»l Voy No Berth Arrival Dwpartun i l Jureag Nrt t (BT) LH8-88 71/95 J1 alongside 06.12/0600 t (IT) Pulau T«tOf 73/95 J1 alongside 06.12/1930 (BT) Rabiam I 1/95 J1 alongside 06.12/2359 (IT) Sin* Makassar 30/95 J1 alongside 06.12/0600 •«(IT) Suriati 8/95 J1 alongside 06.12/0200 Putra J8
        670 words
      • Article
        CONTAINER SCHEDULES
        1504 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Monct Rstls Ship VoyHo Etb/Btr Period From To Fro* A" J*«* 07/1700 28 05/1700 06/0659 06/0900 3 06/0700 06/T159 06/1400 4 06/1200 06/1459 06/1700 AciROM 0738 08/2359 3 M/br0C 06/1159 06/U0C 4 06/1200 06/M59 06/1700 AM 9550 00/2300 2* 09/1100
        1,504 words
      • Article
        GLOBAL HOLIDAY
        386 47 DEO Ecuador: Holiday, Quito only. Finland: Independence Day of Finland. Spain: (tentative) Constitution Day. Sri Lanka: Poya Day. DEO 7 Ivory Coast: National Day. DEC 8 Argentina: Immaculate Conception. Austria: Feast of Immaculate Conception. Brazil: Local holiday on some exchanges, Immaculate Conception. Chile: Feast of the Immaculate Conception.
        386 words
      • Article
        COCKETT BUNKER MARKET REPORT
        883 47 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        883 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Changi Airport chalks up 12% rise in freight traffic
        354 48  -  Direct shipments make up more than 38% of cargo handled in first eight months of year By] Rahita Elias [SINGAPORE] Changi Airport chalked up a 12 per cent rise in freight traffic to 719,000 tonnes in the first eight months of
        354 words
      • Article
        Lock icon Boeing strike delays deliveries
        178 48 Bloomberg Business News AFP [PARIS! A strike by staff at the US aircraft manufacturer Boeing will cut deliveries this year to 205-210 from the expected total 0f230, a senior Boeing executive said on Monday. The executive, Ron Woodard, who is managing director of Boeing Commercial Airplane
        Bloomberg Business News; AFP  -  178 words
      • Article, Illustration
        Porsche expects S American sales to jump fourfold
        367 48  -  By i Christopher Tan [SINGAPORE] Porsche Ag, the remaining independent sports car maker, expects sides in South America to increase fourfold in the current financial year ending July 31, 19%. Chairman Wendelin Wiedeking, during a visit to the various Latin American dealerships,
        367 words
      • Article
        Lock icon Northwest to match Pacific rate rise
        170 48 Reuter [MINNEAPOLIS] Northwest Airlines will match the 10 per cent cargo rate increase for US-to-Asia shipments from Feb 1 announced by Japan's two largest cargo carriers last week, a spokesman said. Air Canada also indicated through a company official it will raise ex-Canada North
        Reuter  -  170 words
      • Article
        Lock icon Iberia to meet on aid request
        92 48 Bloomberg Business News [MADRID] Spain's stateowned airline Iberia called a special meeting for its request of another 130 billion pesetas (551.53 billion) of government assistance, which is expected to win European Union approval. "Iberia cannot continue (to allow) the deterioration of its current financial
        Bloomberg Business News  -  92 words
      • Article
        Lock icon EU airlines urge govts to open up airport services
        366 48 They claim absence of competition placing them at disadvantage Bloomberg Business News [BRUSSELS] Europe's airlines have called on governments to scrap airport-management monopolies, claiming that the absence of competition is placing carriers at a disadvantage compared with the US and Asia.
        Bloomberg Business News  -  366 words
      • LOGBook
        • Article
          Lock icon SIA takes delivery of 35th Boeing
          88 48 AFP [SINGAPORE] Singapore Airlines will take delivery of its 35th Boeing 747-400, which was set to arrive last night According to a statement issued yesterday, the aircraft will go into service from Dec 12,1996. With this, SIA will operate 34 8747-400S comprising 30 Mega
          AFP  -  88 words
        • Article
          Lock icon EU air passenger traffic up 9%
          99 48 Reuter [BRUSSELS] European airlines' passenger traffic grew 9.1 per cent in October, the Association of European Airlines reported on Monday. The Brussels-based grouping said the figures indicated that outside the summer peak, the market remained very buoyant. It said the amount by which airlines'
          Reuter  -  99 words
        • Article
          Lock icon Israeli army officers to ride in Flats
          77 48 AFP [TEL AVIV] Israeli army officers are to swop their French-made Peugeot 306* cars for Italian Fiats, the defence ministry said on Monday. Fiat will deliver 1,000 Pun to SX models to the army over the next three years. The Italian carmaker won
          AFP  -  77 words
        • Article
          Lock icon Russia passenger car output up 4%
          84 48 Reuter (BUDAPEST] Russian production of passenger vehicles increased 4 per cent in the third quarter from the same period last year, according to data provided to Reuters by US-based PlanEcon Inc. Third quarter production increased 4 per cent from the second quarter for cars,
          Reuter  -  84 words
        • Article
          Lock icon Daewoo happy with German deliveries
          80 48 Reuter [BONN] South Korean auto maker Daewoo is satisfied with its German sales so far this year, a spokesman said in response to a magazine article that the company had encountered difficulties here. The spokesman said Daewoo had sold 13,700 cars since its launch in
          Reuter  -  80 words
      • Article
        Lock icon US airlines lose Supreme Court bid
        205 48 Court rejects appeal on farm pest inspection fee Bloomberg Business News [WASHINGTON] A group of major US airlines lost a Supreme Court bid to challenge a California state fee for agricultural pest inspections. The court on Monday refused to hear an appeal by the
        Bloomberg Business News  -  205 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1512 48 CITY fUSHT ETA FU6WT ETB 6M*fzlM«i PftC MU5108 HOO Abu DkaM 0*150 1610 GA974 0030 Haa«zfcxi S0809 2210 S0810 1055 BY604 2135 ***** 2025 Hanoi VH741 1310 S0176 1130 1 2305 SOI75 1910 VM740 1410 1 ***** Hat Yai MI893 2000 TG408 0820 UH VM5 JUI83
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      13 29 Ftogringa traditional role Freight forwarders no longer just work as agents. Page 2
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      59 29 Changi Airport's 12% rise in freight traffic Direct shipments make up 38% of total throughput. BaokPafe I I I TO KAOHSIUNG EVERY THURSDAY I I JTO ROMRAY WEEKLY SAILINGS I I HANJIN SHIPPING (SINGAPORE) PIE LID. I I EFI m 79, ANSON ROAD, #23-01 SINGAPORE *****6 I I TEL: 222
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      1200 30 I OTHER DESTINATIONS 1 I NORTH AMERICA I ■"Mill mi mm jlllli l.i.i.ii i.m.i .11 iLLLJJ" .'.J .J. J.i 11LU 1 m m ILL' "JttJ' JJ-U- J. mi.lll 1 M WRECT CALL TO WEST COAST (SCX) WIST COAST Of CEMTRAL AfctERtCA (MARQAfttTA SERVICE) SMQAPOftE CAiJFORNU <D«ECT F*o« WEST COAST) w
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      254 30 Lines and services represented by Members of the Registry of AccradHed u|§|> Shipping Agents, Singapore National VhEWJ) Shipping Association. \*-mgy For adverting enquiries, contact Shipping Times: Tel 740-2089 EDO mPt RdrrVAtw/BmrVUK 1 ■API. IVI2 RdrrVAtw/UK/Narrtes HOPE 19/12 18fl2 RdrrVAtwAJK/Narites 1 Loads E7W Matayatt. Indonwea M IsAMM FRONTS) Oubai/Da»mwn/Dona/Kuw«t/Btfw»n 9 ■EVMERM
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      2499 31 EXPORT TO: TO: JEDDAH/UK/CONTINENT V Ivissa voy m *o rwi inuw i'havin ston lew aiso accepting cargo fo«: DANUBE 3415 05/12 15/12 21/12 27/12 24/12 25/12 GLASGLOW GRANGEMOUTH NEDUOYD NOCMANME IMS 01/12 20/12 20/12 30/12 SKIP *Mn cai rru'cuiciZc < NEDUOYD ASIA 3405 12/12 22/12 04/01 03/01 31/12 01/01 AND
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      1255 32 rasa yot smctfott jedoah mh>' souihamttoh wuiiuk mttboam jgwr unayb i—anßaim rm 7/12 wn em zuu M 2 FUmfIHT EffttSS W/34« t/17 11/1} 75/1? 1/1 30/12 2VI? 3/1 iwpioooii ovi# uTii ji/fi Vl 1/5 vT iMhdiffllfaHK WM It/11 Ml 1/1 M 4/1 471 £71 IM VMMA 43/150 21/1? IJ\ 10/]
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      662 32 I NORASI2TI VESSEL. VOV 8M ALQ LAS BCL VAL HAM M ROT ANT FB. LHA MORSHAIUAH |M| W1 JMI JVB IWI Ml Ml Htl Ml IUI SEAENOEAVOUR WW 1M IW |l«l Mi I7«1 Ml Ml Ml 11*1 11*1 13*1 SEAO4TIATIVE Mf" WJ2 Ml Ml IJ*l Ml 11*1 Ml 17*1 Ml
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      683 32 JAPAN/HONOKONGSSTRAITS REGULAR SERVICE LOADING FOR PORT KLANQ/PENANQ ffiia vot t rout p buqaw pm [g YAYASAM MTU IS SLO MPT wtbamurqs i gw rote PWKIIU6HT U MPT TAMAOWEAa «7 OtC MOCC 11 OCC wroKM a woec 120 CC BRCBISAKAI 11 DEC MOEC HUB MAW PCSCAOORCS I 11 OCC 14 06C
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      997 33 IPOW STRAITS SHIPPING PTE LTD 10 Hoe Chiaai Road #11-01 Koppel Towers Singapore 0208 Tel: *****88 Fax: *****17 MEW QUIMgA PACIPIC LIMB CTggp (A SERVICE OF CHINA NAVIGATION CO) r STRAUS STAR V 9607* in Part M Dac Muara Labuan A Kota Kinabalu I STRAITS MOPf V9516C 12 Oac 14
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      2092 33 W TIP M Singapore Agent: WiilML 11x1 I I jOllfAl fIPfC P&o Containers (Singapore Agencies) Pte Ltd J? ■■w* U 10 Hot Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE iJSof i RS ***** PNOCSP Fa%: 225 5327/222 75,7 PPOHT IMTOtIT DRAGOER MAERSK 3K? STI2 I SS7
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      517 33 OWTBOUWP m. PBI JOHI SIN HK6MOTM Kg TOK TOK MAE HQS OSK MOJ BUS WAN HA1213 nttt 03/12 04/121 N/121 MVS 11/12 I*l2 IVI2 17/12 23/12 21/12 28/12 20/12 WAMHAI22I/MO2l B*l2 07/12 83/12 18-11/12 14/12 11/12 10/12 21/12 24/12 "2*12 ~~am~ WAMHAI2IO/MO2O I*l2 11/12 13/12 _14-I*l2 10/12 I*l2 21/12 "27/
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      1234 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA S6P ROM ANW HBG THP LHV LHV THP RDM ANW HBG PKL SOP i GENERAL RW-044 1/12 30T12 31/12 1/1 3/1 5/1 E GOING RE 050 12/11 13/11 15/11 11.11 17/11 11/12 R REACH RW-006 11/12 5/1 1/1 7/1 1/1 11/1 E GIANT RE-012 11/11 20/11 22/11 73/11 24/11
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      819 34 VfSSCL VOTAGJ W MM AM DM lAH KWT Ml VfSSB. VOTAGI DUI Aitl Dmi lAM I KIUUA 037M09» OJ/J2 M/JJ Jl/JJ 71/1? *1/1* H/IJ H/l? UMONWJUtD 03/3 OIM 03/1? 04/1? 04/1? OS/1? 14/1? I UHCOHOIT OJHUJU 15/1? ?V1? M 7 ?7/l? ?|/1? J»/IJ jyij UNI CHUT 0374-OM€ OS/1? 04/17 #7/1?
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      692 34 graCHHELO MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****15/*****03 TELEX: RS ***** RtSHIP (3 Lines) CR NO: **********0E ETHIOPIA* SttIPPM UNIS f (National Lines of Ethiopia) ACCEPTING FCL AND COHVENTIONAL Owl Vc* iTA Loading for Spore Nataanat 40WB 20/12 Andtnrt 42W8 15/01 Mombasa, Djibouti Assab, Massawa H
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      2627 35 FIXED-DAY DIRECT SAILINGS TO HAIFA-14 DAYS NEW YORK-30 DAYS Siifinrit Bmril A t imt Til (Sl—M): 22$ IMI Afitr Olfl COSTAR SHIPPING PTE LTD F *****41H4 c.i.,.., t nsji> t Shialin Wty *171$ Tllll2lSM COSHIF Cimnmllml *****50 O/O *****1S rr«MT«U VM7IS o»SBH§Hwtt <**£ rflf, IftlttottlK DiCI «Mi7M fii/WMI «m7m Slnilfort
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      617 35 (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) Weekly Sailing To a I I AUSTRALIAN PORTS FOR MORE DETAILS CALL KEN SIM IVERON ONG *****33 I P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS
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      887 36 VESSEL VOY SIN JKT VESSEL V°l s!* PEH__ WANA nHIIM «vm nA/1? CHU TIAN 5519 Thu 07/12 Set 00/12 VESSEL VOY 5n IJKK WAMA BHUM SOW Wgd_ In Pt St Oft/12 St 08/12 fi TJ7TT GOOD EASY* 2SS6 Frl 08/12 Tu* 12/12 OUHU BHUWw J i IZ ''2 H MATHU
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      840 36 79 ANSON ROAD, >21-01, SINGAPORE 0207 CRil **********N BTRAITS SHUTTLE SERVICE PORT KLANO PENANG v««a w I m pm. vessel voy m pen SEA LAUREL 439W 07/12 THU 08/12 FRI DRAGON JAVA 88N 06/12 WED 06H2 FRI EAGLE BREEZE 225 A 07/12 THU 09/12 SAT LHOTSE 5Q74 09/12 THU 10/12
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      257 36 #09-00 NEHSONS BUILDING 24 PECX SEAH STREET SINGAPORE *****4 BOOKINQ/ENQUIRIES CM NO; 109M*****0W TEL: 323 1133 FAX: 221 4053/S6/58 «ssa VOT SWIU SMETD KSTfUJIOM SUNW 14/9$ 11/12 IV)? PWU/HlfltfA* f NR OWII 14/95 01/12 IQ/12 fOMTUMK/SMTm SUM JOY 10/95 11/12 13/12 MGOUI/MMK AG& IJ/95 MM! 01/12 JAWWPMAM GULF KHALIO 22/9S
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      644 37 n BSA '^BEPTT MIL MYANMA -WML FIVE STAR UNE (MyMMr NOIIOKOI UM) w Lmdi.g far (RaagoM) wssa WT SI KG KM PGU lift* 140W SU> SU> (NMMYWA IS7W 74/12 MMAYSU ACOtTV MUSTIAO SMPFWG AGOtdCS Pi TU 03-43-2417)04 PKL TH 014M*****1 MM TH 07-04-*****07 NO: TH 07-07-*****21/4 BANK LINE (A M(«k«
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      947 37 aaaaflff pacific international unes (pte) ltd I 140 C«cilStjßel,»O3-00PILBuilding, Singapore 0106. I CTNO2OOeO67OOOOEJ VOMOL WOV MM COOO JW HOO JOO AOJ AOO PZU MOOT AM KOTAWUAYA WJA63* 0/12 14/12 21/12 23/12 25/12 25/12 25/12 25/12 20/12 25/12 KOTASSRUAN ORL3M> 10/12 20/12 1/1 2/1 0/1 7/1 5/1 5/1 5/1 4/1 KOTAOOAJU
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      899 37 **********Z VESSELS W IT" LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTWERP VILE DC NORMA NI2W 07/12 28/12 2S/12 31/12 01/01 03/01 V-LE 06 CARINA CI2W 14/12 04/01 06/01 08/01 08/01 IVW VILLE DE SAGfTTA SI2W 21/12 06/01 10AM 12AM 13/01 iuj VILLE D'AQUILA ~AI2W Wl2 17/01 1«W 2CVOI 22/01 ALSO ACCEPTING
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      55 39 I /T—VISA FREIGHT SERVICES PTE LTD I st.iMishcil Siikv I*)«S4 Till TOTAI TRANSPORT\TIOX PTOPII KKilll AK (.KOUIVU.I ICI COX'SOI 11>A 1 lON IMI'OKI I XPOKI SI RVK I S OCEANIA PORTS AUCKLAND SYDNK.Y lIRISBANK Mi:i .UOURM! KKKMAN'TI.i: JS 7 m VISA IKI K.III SI KVIUS I'll I II) A■ rs
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      474 40 KAPAL KRIS Shipping Pte Ltd ;B|g 70S DUXTON ROAD, S'PORi *****? W; *****76 fax: *****77 a NO. *****950(1000 SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 309-609 BIOCK A GiOMAC BUSINESS CENTRE, 10 JAIAN SS 6/1, KELANA JAYA, P.O. BOX 8428 ***** PCTAUNG JAYA, SfiANGOR. Ttt: *****77/78/79 FAX: *****07 THfX: MA ***** F
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      208 40 fFRMARITIMF] IS *****1^1—8 SOUTHERN AFRICA SERVICE WOOUCTS SERVKE) FBOH: U.K./ CONTINENT/ MHHUt EAST TO: FAR EAST DIRECT MONTHLY SAIUNQS EUROft SBVKI VBSH/VOT SM lA«omAtt VQMOM BBUN6 VESSEL H TOM UN H HIS DM CT JAM SIN KKU TMA HOW VI2O 01/01 11/91 IS/91 17/01 amuuiITMIVIM 13/11M/11 11/ll n/ll 14/11 N/11
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      251 40 81 TELOK MANBAH MMO M2-0Z CITPORT CENTRE. STONE MM TEL *****11 (6 linos) FAX: *****05 TLX: RS ***** Cfl HO. **********0W hub. wr.ro en mmmm ummu mm mams warn fohtm* nmunm mm wms rums mntm mmm am wms imms imwwctbw MMMM MM IVIMS WMS NLBMMMML MUM BAKU IMS IVI2M WKM
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      69 40 Astro Shipping Pte Ltd WEEKLY CONSOLIDATION SERVICE iw> impw| w tit mbm—w uw w» nwptwp Ttt 220-6045 (10 UMES) FAX: 325-4000 ✓fjfi? SPEEDAUNES W« IWW IHM IBM 1m ICPT IM ImW IfM ISK nI m 1 i^jp?l^jl l^ 1 I C Financial News A Quick Look At The Markets! Call
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      499 41 I VESSEL VOY SIN MAA SIN TIGER ISLAND 389N 08-09/12 13-17/12 21 23/12 TIGER BRIDGE 390N 11-12/12 17 20/12 25-26/12 TIGER OCEAN 391N 14-16/12 20-24/12 28-30/12 TIGER CAPE 392N 18-19/12 24-27/12 01-02/01 TIGE ISLAND 393N 21 23/12 27-31/12 04 0601 TIGER BRIDGE 394N 25-26/12 31 03/01 08-09/01 VESSEL VOY SIN
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      1568 41 NLI SANTOS/5319 eta Spore 20/12/95 Shanghai 3/1/96 |§|V| n'ioh'v/ ran CR **********0 ft l| Pat IF) Pgu (F) Sin Phg Sou Lad Rtm Aw* M«n Brti Ham Rtnrf2> L-h Pk» «k. NLLNORMANDIE/1485 06/12 06/12 09/12 06/12(0 30/12 27/12 28/12 26/12 NLL AMERICA/4465 12/11 15/11 16/11 13/11 ***** 09/12 NLL ASIA
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      345 41 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00H Y.S.N. LlNEB Uj|||.| i l).U.limi.Ulj|j.l.'lJUJ ).lLJA.<J llJ[J M: I VESttL VOY HONGKOWG SINGAPOfIt l PEMAM6 Sonrtoo M Sollo< Silted I. lj>Pwl S Qm ot I IMI/I2
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      2049 42 44 AS AGENTS: "K M UNE («NOAPO«C) PT* LTD (CR« 124«7300WM»THKHO:1C«1739M) KT TEL: *****77 TELEX: KAWAKIRS23I6S FAX *****16^7/8/9 I T T IWT MALAYSIA: "K" UNE MARITIME (MALAYSIA) SON BHD I TEL SA *****00 PK *****75 PEN *****20 JB *****01 P6U *****25/6 MOONESIA: P.T. SARANA LAUT HfTERNUSA, TEL JKT *****08 V
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      1376 42 19 KEPPfI ROAD #02-01 JIT POM BUIUMNG SINGAPORE *****8 (CR M0j**********0/W) 111#! CUSTOMER SOtVKI 225-1-725 DOCUMENTATION FAX 224-0444 GCNERAL UNf 215-9-9*4 GiNOALFAX 221-4-922 W< Cany Your Confidence CFSTII 270-5*65 EAGUVOW :321-MM TO NOfTTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE TJ WTS Pa JKT |tt»uvoTMf Ml livemeuvovabe i sea |u« on lmm|
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      887 43 ACCEPTING LCL CARGO TO Singapore PfstmatioH CFS dcsiaq day Sailing Day FIRST FORWARDER IN tvwy Wdnesdoy Every Fridoy I^'^BYUtO^ Bmon Evefy Thursday Every Satufdoy Bangkok Every fridoy Evwy Sunday rt~) Manila Ev»ry Fridoy Evory Swdoy I Rotterdam Every Saturday Evwy Monday /V^^VV\| |il| \wy r «s^ Ovr staff at your
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      1537 43 IBS EJStfSL rWW Bfiß BBL LSI H9 EM BSL_ JSSMk P£ spore hko fvjan khh hkt nor noo smnmzu tyo MS OANUK MM Nl2 Mil M.12 1412 812 MB 812 T712 MOl NO HONGKONG 2446 Ml 2* Ml 2 Ml 2 1117 131? iTI? liij" NORMAMOC 14M Nl2 M.l 2*
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      656 43 THRICE WEEKLY DIRECT TO HO CHI MIWH CITY |£JTPOHT TO HO CHI MUM CITY IMfOHT FROM HO CHI MIHH CITY 1 vesa |w| hn m haspom kmc vtssa vot etdhcmc msras USS*"® 1 2?/'" J/JJ SiSGviira »s* «7i2 04/12 mm 222T 2fS, E/2 2/ S? ??<!! y*" «v» m® IJU
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      977 44 '7K<xeM& Ipwi S*td Aoaden fo Stcvsfte, WedetovMMM and K/eat Africa, Laust Maersk v.9602 Europe and Mediterranean ETA: 28th December 1995, 1900 hrs ETD: 29th December 1995, 0700 hrs Jervis Bay ▼.5708 Europe ETA: 30th December 1995, 1200 hrs ETD: 31st December 1995, 0600 hrs Maersk Colombo v.9602 Europe, Mediterranean and
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      541 44 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P.KELANG* HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPtCO HOUSTON HOEGH DUKE WPT 09 JAN 12 JAN IS JAN 22 JAN 18 JAN 26 JAN 30 JAN HOEOH MIRANDA 0732 12/13 DEC 06 DEC 27 JAN 30 JAN 31 JAN 07 FEB
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      388 44 Ta® PHILI-OmtNT Y**UNCS PT€ LTD TEL: *****00 (16 LINES) FAX: *****76/*****38 Gf WJ CP COCML **********0H PL KKLANO 03-*****96 HHANfI fH fITfITH! I' SYDNEY, MELBOURNE, BRISBANE, 12 06C I AUCKLAND, WELLINGTON. LYTTLETON 14 DEC I NAPIER, CHRISTCHURCH, NEW PLYMOUTH I LONDON. FELIXSTOWE, LE HAVRE, 11 DEC I ROTTERDAM, HAMBURG, ANTWERP
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      581 45 X Singapore Soviet Shipping Co. Pie. Ltd. CR NO: **********0H BOMBAY/COCHIN VESSEL VOY SIN BOM COC MEKHANIK KURAKO MKI2N 12/12 20/12 28/12 SEA GLORY QLRO6O 14/12 22/12 XOOfl GEMINI 413 27/12 04A)1 KOTA MUTIARA MUTO4I 291/12 07/01 t HAIPHONG SERVICE VESSEL VOY SIN HPH KURILSK 585V96 00/12 11/12 KURILSK 595V95
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      458 45 LgUIIII m FAR EAST 12/12 KEELUNG/KAOHSIUN6 10/12 BANGKOK 10/12 MANILA/CEBU 10/12 JAKARTA/BELAWAN/SURABAYA 10/12 PORT KELANG/PENAN6/E. MALAYSIA 10/12 BUSAN 10/12 TOKYO/YOKO/KOBE/NGO/OSA 10/12 HONG KONG SIM CHINA (+BS±«*n) 10/12 GUANGZHOU/HUANG PU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 10/12 LDN/FLX/LVP/SOU 11/12 RDM/HAM/ANT/LEH/GOA/OSiyGOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. m USA/CANADA
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      631 45 ISTAR SHIPPING AGCNOES (S) PTE LTD I AQKNTS Mb ZIM CONTAINER SERVICE GOU) STAR UNI LTD srm SHIPPING CORPORATION TELEPHONE: 220-6664 (8 UNES) FAX; *****70 *****12 (MARKETING) (Ot NO. **********W) N. AMERKA/CARIMEAN SttVK! M I"?! r Iflf lialpilMX I KW I wT DHMfiMM Ifll »/ll Z.SJMNSIM4N 8/1 IVI n/1 */i
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      1280 45 F2 II sot "NEPTUNE RUBY ATI" eta sgp 13/12/95 I ■I ARRIVING LOS ANGELES 30/12/95 IN 16 DAYS I B AEX: "NEPTUNE DIAMOND 29C 4r ETA sgp 13/12/95 ARRMNG NEW YORK 06/01/96 M 23 DAYS I EXPORT HOHAFONI 0 AUPOWA PPW»>(ICX) TOl UtWC CAWAPA f VOT SX LOS OAK VAN
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      715 46 SINO EXPRESS SHIPPING (PTE) LTD. M M I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. 1 TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI S'PORE HKQ SHAI VESSEL WV ETA I ETP ETA ETO ETA I ETP J-FASTER 952§/9526 2802 2202 mi 20/12
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      463 46 AM MN CONTAINER LINES, INC Agents: MAC-NELS SPORE: *****22 (24 LINES) kucmmo: |on)4M4n 1 PV"/\ J WMHWHIMM B®U: (094)*****9 MAMLA: (938) *****91 V PENANQ: (04)*****9 BANGKOK: (892) *****57 SURABAYA: (91) *****9 P. KELAMQ: (08) *****77 JXT: (21) *****07 MO* (91)*****3 BANDUNQk (22)*****19 NEXT CONSOL TO:- FREMANTLE MV "B. DELI MA"
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      Page 46 Advertisements Column 3
      57 46 GEMARTRANS 4 &AIUNQS WEEKLY TO HOME Mf HAH GUNG 01 A 1495 N/11 W 11/12 OHIO AMIS 11/11 SMI 11/11 NAM MM Ml* 11/11 MON) 14/11 OM MM 1 J/12 (WB) 14/11 HAU GUNG 03 AIS4S IS/12 (HH) 19/11 WEEKLY TO HAIPHOMO SB. JU -Willbr Rk noKnaozu ushs m/u&aj) is/11
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      Page 46 Advertisements Column 4
      139 46 iif MFL SHIPPING (INT'L) SSSS PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCULCL CONSOLIDATION SERVICES 1 HOT LINES; *****42/345 VESSEL VOY ETA (SIN) DESTINATION NORMANDIE BRIDGE 41E o|/12 HONGKONG/K/tOHSIUNG lAUST MACRSK 9511 10/12 TOKYOAOKOHAMA ASIAN POLLUX 480 10/12 OSAKA 0S« lAUIC "EMSSI 10/12 BUSAN SEAIAND EXPRESS "2ME H712 HAGOYA
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      126 47 LEGEND. R Thunderstorm Temperoture c X\ y Shower Weather Wind direction with speed in knots ee Rain V_X Cloudy Sky Wove *«•<*» Serfoce wind* or* indicated by orrowt which fly with the wind vL) o°* cirde represents cafcn or light and variable winds One half Heche represents 5 knots L»
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      133 48 I ASIA WESTBOUND RATE AGREEMENT 1 I (A Regional Unit of the Far Eastern Freight Coofereoce) I I Singapore Transhipment Additional I I Review Of Singapore THC I I As the Port of Singapore Tariffs will increase on 1 January 1996, the Member Lines of Asia Westbound Rate Agreement have
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