The Business Times, 17 June 1996

Total Pages: 48
1 48 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 046/12/95 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes MONDAY, JUNE 17,1996
    13 words
  • 46 1 Week Change KLSE COUP 1125.48 ZZ_-C16 NIKKEI 2&289J9 +U7J8 HANS SENG 10.864.99 4J1.46 SET INDEX 12S6.M 4U JAKARTA OOMP.—J62J6 -Mull MANILA OOMP—1166J2 -1*79 TAIPEI WP! 014.74 +21&3 SEOUL OOMP .acta -46.79 CLSA CHINA B 864.«L._.+119.64 AUSTALLOBO .2216* _4J If* EST Ckuqt DOW 5649.4ft -47.66
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  • 70 1 s» fl» urn i 1.SS7 LIS v~i« 0J24 ■Mir .1', UH IJH o«i u« W9 na RWlT >«■ i m «y**t i in IMS UN jPir- *$T r .>»>■; mmmm mouonr tu KUALA LUMPUR 8.15 JAKABTA 18.90 BANGKOK 1175 MANILA 14.56 HONGKONG &75 nam 8J9 SYDNEY 10.75 TOKYO 1
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  • 518 1  -  Ql's Ms3Jb approved investments from Republic triple that for whole of 1995 By Chuang Peck Ming [SINGAPORE] Malaysia approved Ms3.l billion (SII.B billion) worth of investment commitments from Singapore manufacturers in the first three months of this year, three times the
    518 words
  • 295 1 Bloomberg Business News, Reuter, AFP [BEIJING] American and Chinese negotiators raced against the clock last night to settle differences over copyright piracy and avert a multi-billion dollar trade war. With just hours to go before punishing trade sanctions take effect, a source close
    Bloomberg Business News,; Reuter,; AFP  -  295 words
  • 516 1  -  From I S N Vasuki in Jakarta THE Jakarta Stock Exchange (JSX) will be split into three trading boards by the end of the year as part of an ambitious strategy by the new management to boost market capitalisation
    516 words
  • 153 1 [TOKYO] Heads are set to roll in the wake of the Sumitomo copper scandal even as fraud investigators in the United States, Britain and Japan step up inquiries to determine whether there was a plot to rig the price of the world's chief industrial metal. In Tokyo, Sumitomo
    153 words
  • 614 1  -  co—Tin Bank Indonesia's move to widen the US dollar-rupiah fluctuation band may signal a new approach to currency management, says TIDAI VIKRAM KHANNA BANK Indonesia (BI), the country's central bank, surprised the markets last week by widening the band within which the rupiah can
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  • Page 1 Advertisements
    • 141 1 IMBIPB a \y ft t- ill t I IhhJiSBL-JHi SMhgaWto Utell International, the world's largest hotel Reservations and marketing organisation, expects die Asia-Pacific area to accotmt for up to 30 per cent of its business by the end of the decade, up from 20 per cent now. p*a R&D partnerships
      141 words
    • 4 1 More reports, Pg 20
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    • 102 1 lTsia set to see more S'pore investments, Pg 3 The Mauboussin extra flat mechanical watch 18 K white gold set with 92 diamonds (1,10 cts) (available also in yellow gold) MAUBOUSSIN since iHI7 Exclusively available at ROY EASTERN WATCH *01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel: (65)
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  • SINGAPORE AT HOME & ABROAD
    • 494 2  -  Bintan resort developer has plans for beachfront town centre to become fecal point of island By Agnes Wee SOME $500 million is expected to be invested in an urban beach centre (ÜBC) in Bintan to provide a focal point for the mainly golf-and-resorts-domi-nated developments. PT
      494 words
    • 773 2  -  COMPANY VISIT Utell International Region will account for op to 30% of the hotel reservations and marketing company's business By\ Kevin Sullivan KELVIN Seah, Asia-Pacific managing director of Utell Inftvnational, the world's largest hotel reservations and Byiutlng orgarittpttn, notes with satisfaction that
      ERIC CHU  -  773 words
    • 375 2  -  Sentry Investments wants single buyer for commercial Mldinoin3cities By] Diana Oon SENTRY Investments, a New Zealand-based company, is looking for buyers for NZ$lBO million (Ssl72 million) worth of commercial property in New Zealand's main cities of Auckland, Christchurch and Wellington. Sentry, which is whollyowned
      375 words
    • 327 2  -  EYE ON THE ECONOMY Trade Byi Genevieve Cua RETAINED imports improved slightly in April with a 15.5 per cent year-on-year growth, after rising 14.5 per cent in March. The gain, however, pales in comparison with the rises recorded at the start of the year when
      Source: Dept of Statistics  -  327 words
    • NEWS Roundup
      • 70 2 MINISTER for Law and Foreign AflWrs S Jayakumarapd Minister for Communications Mah Bow Tan will attend the inaugural meetlngof the Asean-Mekong Basin Development Cooperation which •tarts in KsntaLfflniMr today. Apart from Asean countries, China, Cambodia. Laos and Myamoar wUI also take part in the two-day maettag.
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      • 62 2 THE government is prepared to consider increasing the lifespan of taxis in Singapore from the current seven years. Communications Minister Mah Bow Tan said yeeterday. Speaking to reporters at the Port of Singapore Authority's Family Day in Sentoea, Mr Msh said it might be timely
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      • 79 2 A GROUP of 36 government officials snd private sector executives from developing countrlss of the Commonwealth are in town to sttsnd a three-week pop ■Millie la iwililh miisuM line TMim Yramme, which m starts today, is conducted by the National University of Singapore's Faculty of
        79 words
      • 90 2 FIVE Singaporeans, representing three Singapore-based companies, hsad the list of electronic engineers vying &r the "Innovator of the Year" award. They are ftat Kok Wei, Dennis Yin and Piul Ng from P-Sanr Technologies; Ansuya Bhatt from the Institute of Microelectronics; and Chong Llm Nsoh from
        90 words
  • Page 2 Advertisements
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  • FOCUS: S'PORE'S INVESTMENTS IN M'SIA
    • 982 3  -  High-tech projects likely to give a big boost to Malaysia's electronics sector By William Chia The writer is a correspondent with The Business Times [SINGAPORE] SINGAPORE'S investments in Malaysia are poised to pick up in 1996, after staying flat over the past two
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  • Page 3 Advertisements
    • 136 3 MANDY I WRITE THE SONGS THIS ONE S FOq YOU 1 I «-r» ZD >— 0 i 1. m 1 5 -■>■ 2 < > o o m z s 5 o "O >— t» <~> Z I> o g Q z J> j W« RL 9 D 6 T
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    • 134 3 *E V>'* >+*.**■?i*r<K K> v~ "WZ J*-- *<■*' 5* *f. Tr y v\ r i t < f- Z.-* i ~~J. •>. u'%* r r t*t V i ji :'>. >;t u. r/V*% I ;j te tlr^'V- 1 Jte- l -V V*».. vyht»y«>n wm>» W, b». -j. js W rt*
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  • REGION
    • 487 4  -  SINGAPORE USsloom of power plants being built, USslsom of projects to be awarded By\ Harish Mehta POWER-STARVED Cambodia's days of darkness are over well, almost. Firms from Singapore, Malaysia, China, Japan, the US and Europe are building diesel-based power generation plants there worth about
      487 words
    • 450 4 JAKARTA Jit support from PDI members for rebels' planned congress Reuter, AFP THE head of the divided Indonesian Democratic Party (PDI), Megawati Sukarnoputri, said yesterday a congress planned by the opposition party's leaders to topple her was unlawful. Ms Megawati,
      Reuter,; AFP; REUTER  -  450 words
    • 279 4 KUALA LUMPUR Ms47lm gain from EON divestment lifts Khazanah earnings AFP MALAYSIA'S national investment holding company Khazanah Nasional Bhd has reported a net profit of M 5781.7 million (*****.3 million) for the year ended last Dec 31. Khazanah posted a net profit
      AFP  -  279 words
    • 133 4 KUALA LUMPUR Bernama CAMBODIA has proposed a road link similar to the transAsia rail link from Singapore to China to expedite growth in the Mekong Basin countries. Cambodian Foreign Minister Ung Huot said the proposal for the link, which is aimed at
      Bernama  -  133 words
    • 270 4 RANGOON Reuter ABOUT 10,000 Myanmarese businessmen joined a mass rally to support official moves to open up the economy and to denounce the opposition, which they accused of threatening stability, official media said yesterday. The rally was chaired by Thein Tun, vice-chairman of the Myanmar
      Reuter  -  270 words
    • 438 4 MANILA Reuter SOME of the brightest business minds in the region ended two days of talks in Manila yesterday determined to turn visions of a huge Asia-Pacific trade grouping into a concrete and prosperous reality. Firmly rejecting any suggestion they had given
      Reuter; REUTER  -  438 words
    • 346 5 HONGKONG China's one-child policy ha* resulted in big spending on baby and children's food AFP THE appetites of China's millions of "little emperors" the much-indulged products of Beijing's one-child policy have become an unparalleled focus of attention for food industries and the government.
      AFP  -  346 words
    • 265 5 ■HONGKONG Ignoring public opinion conldcanse AFP [HONGKONG] Above onethird of Hongkong's six million population have the means to leave the territory if life becomes difficult after China takes over next year, a report showed yesterday. These findings emerged from
      AFP  -  265 words
    • 397 5 BEIJING Official forecast of cut at end of 3rd qtr, if inflation is nnder control Reuter CHINA may cut interest rates for a second time this year, by 0.6-0.8 percentage point at the end of the third quarter, as inflation cools and
      Reuter  -  397 words
    • 242 5 BEIJING AFP CHINA yesterday called for the construction of a pan-Asia continental oil bridge, with oil and gas pipelines linking China, Central Asia, Russia, the Middle East, as well as Japan and South Korea. According to experts cited by the official Xinhua news agency,
      AFP  -  242 words
    • 315 5 BEIJING AFP, Reuter THE Chinese official overseeing fierce international bidding to supply generators to China's massive Three Gorges project has admitted that political considerations could affect the final selection. The prospects of a Japanese consortium comprising Mitsubishi Heavy Industries, Mitsubishi Electric,
      AFP,; Reuter  -  315 words
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  • Page 5 Advertisements
    • 396 5 Multimedia Magic. Real Price- Call Now. I a With the new Dell Latitude LM PI33ST 16-bit audio, FM synthesis and stereo notebook, the power to communicate all speakers that add up to incredible audio. you see in your head is finally in your The flexibility of swapping a CD-ROM, hands.
      396 words

  • REGION/WORLD
    • 580 6 MOSCOW Both Yeltsin and Zyuganov are confident of winning Reuter RUSSIA voted yesterday in a watershed election as a pro-re-form President Boris Yeltsin confidently ruled out defeat by the Communists while archfoe Gennady Zyuganov asserted that the people were behind him. Mr Yeltsin, 65,
      Reuter; REUTER  -  580 words
    • 286 6 TOKYO Reuter THE United States, in a new sign of concern at the strategic situation in East Asia, is planning to keep its Japan-based aircraft carrier permanently in the region and end its annual training deployment to Middle East waters,
      Reuter  -  286 words
    • 247 6 UTOKYO Execnthres polled expect continued uptrend next year Reuter [TOKYO] Nearly 90 per cent of the executives of major Japanese companies polled by a newspaper said they feel the nation's economy is slowly recovering, a respected survey said yesterday. The poll by the Yomiuri
      Reuter  -  247 words
    • 350 6 NEW DELHI 53% of respondents say coalition won't last more than a year AFP INDIAN Prime Minister H D Deve Gowda's 16-day-old coalition government will not last for more than a year, 53 per cent of registered voters interviewed in a post-election poll said.
      AFP  -  350 words
    • 320 6 ANKARA Reports come amid cooling ties between two countries over Ankara-Israel pact AFP SYRIA has massed armoured units in areas near its border with Turkey, the semi-official Anatolia news agency said yesterday. It quoted Syrian and Turkish traders who said they had seen Syrian
      AFP  -  320 words
    • 129 6 AFP [DAMASCUS] The Syrian press denounced yesterday the "extremist" team being assembled by Israeli prime min-ister-elect Benjamin Netanyahu to head his government and said it threatened the Middle East peace process. "It is clear the policies of Netanyahu, who is surrounded by extremists and bigots,
      AFP  -  129 words
    • 49 6 [AROSA, Switzerland] Sculptures sitting on the Weissfluh mountain top near Arosa and overlooking the snow-covered mountain ranges surrounding them. The figures are seats in the shape of humans created by artist Robert Indermaur. Fifty such seats have been distributed all over the mountain. REUTER
      REUTER  -  49 words
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  • BUSINESS IT
    • IT WORLD
      • 116 7 Reuter [SAN JOSE] US software giant Microsoft Corp will release its latest Windows NT Server version 4.0 operating system this summer. This will integrate its FrontPage Web authoring tool and Search Server into the current version, and will also be available in beta version. Search
        Reuter  -  116 words
      • 126 7 Reuter (SAN FRANCISCO] MCI Communications Corp hopes to expand its Internet business from its current US$lOO million (Ssl4o million) to US$2 billion a year, and its overall business from US$l6 billion to US$3O billion in annual revenue by the year 2000. CEO Bert Roberts said
        Reuter  -  126 words
      • 75 7 Bloomberg Business News [BEDFORD, Massachusetts] Declining revenue from hardware servicing more than oflbetting a gain in software licensing sales will prevent Computervision Corp's annual sales from rising until 1988, said Kathleen Cote, the company's new CEO. Computervision makes software which allows manufacturers to use computers to design
        Bloomberg Business News  -  75 words
      • 68 7 AFP [REDMOND, Washington] Microsoft last week announced Its acquisition of eShop, which specialises in Internet commerce software technology. A company «t*tement the acquisition would enable service improvements to online customers and a more strategic approach to managing online commerce. The Wan Street Journal quoted a source close
        AFP  -  68 words
    • 762 7  -  RAD partnerships will be crucial for company, says its chief By, Jennifer Lien [SINGAPORE] Creative Technology chief Sim Wong Hoo has a somewhat quirky way of describing his company's new strategy for the ftiture: selling fruit, playing Boggle and partnerships. Add to that the
      762 words
    • 387 7  -  It will feature top players in the Asian IT industry By Kenneth James (SINGAPORE] Comdex/Asia, the former Singapore Informatics personal computer me-ga-show that successfully switched to a trades-only format last year, will be 50 per cent larger this year and feature the top
      387 words
    • 433 8  -  Chromatic hopes Creative and Aztech will produce multimedia boards using Mpact By' Toh Han Shih [SINGAPORE] CHROMATIC has launched the world's first single-chip multimedia solution for PCs, the Mpact media processor. And Chromatic's sales vice-president Michael Ofstedahl hopes Singaporean multimedia companies Creative Technology and Aztech Systems
      433 words
    • 173 8 [SINGAPORE] Autodesk, the leading PC design software and animation company, is bringing three dimensional modelling and animation to the Internet through its new business unit, Kinetix. Kinetix has launched Hyperwire, its Web authoring tool that creates two and three dimensioned images in Sun's Java
      173 words
    • 336 8 [SINGAPORE] Robert Stephenson, who played a major role in marketing the first IBM PC, says the network computer (NC) will first appear in the office instead of homes, contrary to widelyheld opinion. Mr Stephenson, now IBM senior vice-president, told BusinesslT he
      Picture by ARTHUR LEE  -  336 words
    • IT TAKES
      • 59 8  -  Compiled by x Poo-Cheong Wai Ming [SINGAPORE] Multimedia broadcast firm World Space has awarded a contract to SGS Thomson and ITT Intermetall to make a million chip-sets each for its planned worldwide satellite service, which is expected to be fUlly operational by 1999. The large volume
        59 words
      • 54 8 [SINGAPORE] Preparing for expansion into China, software vendor and developer BMC Software has established an office in Hongkong. In addition, it has named former JAK Pacific Technology general manager Alex Wu as regional manager of Greater China. The Houston-based company is noted for its
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      • 53 8 [SINGAPORE] In a separate development, BMC Software announced that Its Patrol product family has been selected by Software AG to provide enterprise-wide application management solutions to its customers. Hiis has mad* Software AG the first vendor to develop Knowledge Modules to ensure compatibility with
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      • 53 8 [SINGAPORE] P.T. Bira Aset Manajemen (BAM), the asset management arm of leading Indonesian bank Bank Bira, has opted for Thomson Investment Software's Portia and Sun Systems' software for its portfolio management operations and accounting respectively. Ease of use and compatibility were cited as reasons
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    • 346 9 Taiwan firm set to launch dirt-cheap network computer Reuter Ambitious Acer chairman Stan Shih says his Taiwan firm's US$5OO (SI700) "network computer" poses no threat not yet anyway to titans Intel and Microsoft, who have poured cold water on the industry's hottest
      Reuter  -  346 words
    • 440 9 Reuter [SEATTLE] Less than a year ago the term "Intranet" would have been considered little more than a typographical error in a world gone mad over the Internet. Today Intranets, loosely defined as internal corporate computer networks based on Internet standards, have become the
      Reuter  -  440 words
    • 376 9 [SINGAPORE] IntelliCell, a technology that reduces noise and increases capacity for handphones and wireless local loop (WLL) fixed phones, will first be marketed in Asia, with Japan as the first country. It is developed by ArrayComm. The company's president, Karl Martersteck, told BusinesslT that
      376 words
    • 638 9  -  By Tommi Chen The writer is managing partner of Internet and networking firm Net Centre Pte Ltd. He was the conference chairman for NetworkAsia9€ ASK someone who attended the NetworkAsia96 conference earlier this month and he might talk about how everything's changed. Ask someone else
      638 words
    • 296 10  -  Web Animator, a software which creates three-dimensional virtual reality on Web pages, has been targeted at advertising and marketing industries Toh Han Shih GET set for an added dimension to the Internet Web Animator. The software, which creates three-dimensional virtual reality on Web pages,
      296 words
    • 526 10  -  By' Toh Han Shih [SINGAPORE] The launch on June 11 of Intel's latest chip, the 200-MHz Pentium processor, does not only mean that more powerful PCs will be on the market soon. The new chip will result in the whole range of
      526 words
  • Page 7 Advertisements
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    • 230 7 Energize Your Enterprise. The IBM Enterprise Solutions Program (ESP) IBM and lAS now has an exclusive program which puts you and your company on the information super-highway. ESP is a unique desktop software program tailored to provide some of the leading software solutions for groupware, Internet/Intranet", systems management, communications, networking,
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  • Page 8 Advertisements
    • 189 8 Pi iSrDI iXEI KOd ■WHIM EttL' -PPM Bilk' Itlm I I I 1 IhBll I ■cggff. H 1 >nnn>W &wSSni H I eC$5^»J Mfiggl J I B I 1 mmmib***^afcwgJrai i 1 ■na^i NEC LCD PROJECTORS BRIGHTER PROJECTIONS EVEN IN LIGHTED ROOMS Look on the bright side at your next
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    • 382 8 wouldn't you prefer to buy your software from truly dedicated shops like ours? Wo are you I Information I I Superhighway ISS AsU is >bout: I p wlllfllllll Mobile/Wireless I I Asia fSSc*" 5,1996 Com Puti n« I 2 Convention Contra Infrastructure If I Singapore j|| Network Management fjg Media
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  • Page 9 Advertisements
    • 305 9 WHY ARE MNCs DOWNSIZING FROM MINIS TO FACT? Real-Time Accounting of course. They are moving out of the old, outdated batch processing accounting to FACT Real-Time Business Accounting Software. You can too. WorldWldeWeb http://www.fact.com.sg INSTANT E-mail info fact.com.sg ACCOUNTING Toll Frw 1800-*****32 POWER The MBA by Part-Time Study in Singapore
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    • 103 9 •3 Expensive? It depends on your values. The true value of a Cyma watch is not something to be I measured by mere price. By far, the more important consideration will always be the degree to which it reflects one's personality. Thus one can rest assured, in all cases, that
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  • Page 10 Advertisements
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  • EXECUTIVE LIFESTYLE
    • 1535 11  -  Today's movie action heroes are tough, brainy and seemingly incapable of any real feelings, says ben uuuruy BEN BRANTLEY NYT IT WAS a more hopeful, more innocent time two years ago, actually—when a very wise psychopath summed up what would become the credo of
      NYT  -  1,535 words
    • 374 11 FILM NYT [NEW YORKI The insistent, off-centre bass line spelled trouble with no easy solution. But the flute melody, cutting downward where the bass line rose, had the unflappable efficiency of the Impossible Missions Force. That hot and cool contrast was only one ingenious aspect of
      NYT  -  374 words
    • 842 14 GOLF Open leader's record-tying 65 looked out of place at Oakland Hills LAT-WP [BLOOMFIELD HILLS, Michigan] How to lead the US Open, by Tom Lehman: You shoot 65 to tie the course record at that green torture chamber, then you get out of there
      LAT-WP; REUTER  -  842 words
    • 520 14 BASKETBALL LAT-WP [CHICAGO] Ugly moments in local history: Valentine's Day Massacre. The 1968 Democratic convention. The great fire. Last Wednesday and Friday. So it is that the Chicago Bulls have been forced home to draw a line in the sand on their beach,
      LAT-WP; REUTER  -  520 words
    • 508 14  -  FOOTBALL A little strip of plaster has become the rage in sports By Shahiron Sahari ITALIAN star-turned-villian Pierluigi Casiraghi wears one at Euro 96, as does half the exciting Portugal team, while other big names like Stoichkov, Hagi, Gascoigne and Bergkamp do
      AFP  -  508 words
    • 673 16  -  SINGAPORE ARTS FESTIVAL Ping Chong And Co reenacts historical cases of racism, but offers no answers By] Holly Harrison "WELL, I liked it, but I'm not sure what it means." Self-con-scious mutterings such as these were heard from more than one theatre-goer after
      673 words
    • 644 16 OBITUARY She dies at 78 after a long straggle with diabetes NYT ELLA FITZGERALD, whose sweet, silvery voice and endlessly inventive vocal improvisations made her the most celebrated jazz singer of her generation, died on Saturday in her home in Beverly Hills, California.
      NYT; REUTER  -  644 words

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    • 350 12 ■<£»■•:: &feOv<. v -j T» .*F> SfT't o 4- T > '-Vt V v >* > •.r f•. m irA'lfC jII A clr% W a vii y i JJ.X /\uid and you are, as always, the focus of our business. fE\ fv'lj hroughout our history Rabobank has always been what
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    • 277 13 Congratulations on your 10th anniversary in Singapore and the official opening of your new office in Republic Plaza. y..fey" >■ t r' 'V '¥1S K Aavanti Industries Jk AftDOCODP Pteltd AGIO INTERNATIONAL PTE LTD I TO M Q AG ROSIN PTE LTD GROUP OF COMPANIES v**' Set >,* <'* mmmmm
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  • Page 14 Advertisements
    • 150 14 Where to wine, dine and entertain 9 PLAN YOUR OWN SET MEAL Indulge in whatever you fancy for lunch! From a special menu, feast on your choice of appetizer, soup, main course cooked to your liking and complete the meal with a dessert buffet. For dinner, plan your very own
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    • 132 15 Singapore Business' .1 Iriving you the tC'j. *r- st r 1 winning edge I MORE THAN JUST I I MfiS* SEAFOOD! I Betides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra change! Available from 8 pm to 8.40 pm, Mondays to Fridays.
      132 words
    • 150 15 The Mezzanine. It's the ideal place for you to sit back and unload. Then unwind over your favourite driak to the cool, unpegged rhythm of our resident band. We're eapcctu« you. Happy Hours* Finger Snacks: Spm to Spm. Cocktails Entertainment Ipm to lam (weekdays) tpm to 3am (weekends) JH OcW4
      150 words
  • Page 15 Miscellaneous
    • 742 15 TV&BAPIO Show. 7joo Temples of India (T). njnnWTßffg— 7J30 AM NBA RaskPthall Pi TaxL 7 30 12dil Tamil Seithi (T). £r a sEss-n. z^ srsr RusBlavs %rcS" st ry ,s ,s istsssa. iH IjM PM The Winners, 44* The Super Dave Osborne W» The Sandglass (Korean). L» Money. Money. Money.
      742 words
    • 235 15 CRVFi-w CROSSWORD Af*RCWB J I I Called into action although ——LL—L—L_L 1111 completely mad (8) 5 Fought when trapped in (6) j—^— ii 9 Guess that what was left by the I 1 I I I I I I I I I I deceased was about one thou- vv—11 A
      235 words

  • Page 16 Advertisements
    • 337 16 m u Once again, Nissan overtakes BMW, Jaguar, Lexus and 23 other cars. pp^ Motor Trend is one of the most widely-read The Maxima was praised for its across-the-board automobile magazines in the USA, whose awards improvements in passenger comfort, economy and are widely regarded as professional endorsement of space
      337 words

  • COMPANIES & MARKETS
    • 184 17 [SINGAPORE] Three whollyowned subsidiaries of listed Jaya Holdings and Jaya Offshore accountant Ong Eng Fei have pleaded guilty to charges of obtaining training grants by submitting false claims. Jaya Marine Lines, Jaya Offshore and Airia Jaya Marine pleaded guilty to five charges,
      184 words
    • 427 17  -  Its US$69O million net profit is tops in Air Transport World's ranking By] Rahita Elias [SINGAPORE] National carrier Singapore Airlines (SIA) has topped a ranking of the world's most profitable airlines in 1995. The ranking was published in the June issue of aviation magazine Air
      427 words
    • 237 17  -  By Ang Wan May [SINGAPORE] Toy maker Wah Shing expects lower profit growth this year because overcapacity in the toy industry is forcing toy prices down. The company's chairman, Robert Ng, said on Saturday that profit growth for financial year 19% would be less
      237 words
    • 539 17  -  Ekr&n boss' recent acquisitions will benefit By Ho Kay Tat EVERYONE with an interest in the multi-billion ringgit Bakun hydroelectric dam project must have breathed a sigh of relief that a power purchasing agreement with Tenaga Nasional Bhd was finally sealed. Not
      539 words
    • REGIONAL COMPANIES
      • 362 18 Offers made hy tycoon Lee Shan Kee and the Kwok brothers' listed firm SHK Properties SCMP [HONGKONG] Just over a week after taking control of Sun Hung Kai Co, Allied Properties is in talks with a view to selling nearly all the financial
        SCMP  -  362 words
      • 112 18 Bloomberg Business News [HONGKONG] Wharf Cable Ltd plans to launch a 24-hour Home Shopping Channel later this summer, the Sunday Morning Post reported. Vendors will pay HK$2B,OOO (555,000) for five-minute spots that will be broadcast 50 times during a four-week period. Citing "industry insiders", the report
        Bloomberg Business News  -  112 words
      • 133 18 Reuter [MANlLA] Philippines' Lorenzo Shipping Corp said on Saturday it had set the price for its public share offering at 5.96 pesos each. Lorenzo is partially owned by Neptune Orient Lines Ltd of Singapore. The company said the offer price is equivalent
        Reuter  -  133 words
      • 710 18  -  HAX O SEMO DHUGHT Clue's sale of telecom shares sparks talk of new China-controlled player By Quak Hiang Whai CITIC PACIFIC'S surprise sale of shares in Hongkong Telecom last week not only trimmed the red chip's stake in the telecommunications giant by two points
        710 words
      • 410 18 He wants exchange to arbitrate in row over ingredient test SCMP [HONGKONG] A sacked employee of one of Hongkong's oldest Chinese medicine manufacturers has written to the stock exchange asking it to arbitrate in a row over a test which suggested a questionable
        SCMP  -  410 words
      • 161 18 SCMP [HONGKONG] A company connected with the Hongkongbased Li Hashing family has broken through the monopoly delivery of commercial cable television in Canada. In a landmark case, the federal government has given the company approval to pipe in its programming in a part
        SCMP  -  161 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 557 19 NEW YORK Hew entrant into US$U6b market staid make huge impact, say analysts Bloomberg Business News SONY Corporation will unveil its first line of personal computers today, throwing the weight of one of the world's most-recognised names into the US$ll6 billion-a-year (Ssl63 billion) global PC
        Bloomberg Business News  -  557 words
      • 325 19 SYDNEY Owner af 70 percent not interested is Reuter CAMPBELL Soup Co chief executive David Johnson said yesterday the US-based company had no plans to buy the remaining 30 per cent of Australian biscuit maker Arnotts Ltd that it does not
        Reuter  -  325 words
      • 274 19 LONDON Reuter THE London Stock Exchange (LSE) said on Friday it had changed the rules relating to long-term incentive schemes —any new scheme set up after Sep 30 for which directors are eligible will now have to be approved by a
        Reuter  -  274 words
      • 212 19 MANCHESTER FT POUR directors of Manchester United have cashed in on the recent surge in the football club's share price by selling more than 4.5 million shares for £21 million (SS4S million). Martin Edwards, the club's chairman, and three other directors
        FT; ALLAN  -  212 words
      • 62 19 [LOS ANGELES] Steven Spielberg (left) director of the film Jurassic Park and actor Jeff Goldblum j who starred in the film preparing to light the portal torches to the "Jurassic Park—The Ride" attraction at Universal Studios Hollywood. The US$llO (Ssls4 million) million ride opens to the
        REUTER  -  62 words
    • FOCUS: SUMITOMO DEBACLE
      • 587 20  -  Authorities, traders, bankers concerned they did not act on earlier complaints Byl Neil Behrmann [LONDON] SUMITOMO Corp president Tomiichi Akiyama and key London Metal Exchange (LME) officials are under pressure to resign. Japanese and UK authorities, metals traders and bankers are concerned
        587 words
      • 375 20 Reuter [TOKYO] The Japanese copper trader who cost his company the world's biggest loss in a financial market may have done unauthorised deals of up to US$2O billion (Ss2B billion) a year. As authorities in Japan, Britain and the US announced
        Reuter  -  375 words
      • 552 20 Bloomberg Business News [WASHINGTON] The chief regulator of US futures markets criticised Sumitomo Corp's lack of controls following the disclosure by the Japanese trading company of US$l.B billion (552.5 billion) in losses from unauthorised trading. "This episode tells us, just
        Bloomberg Business News  -  552 words
    • FINANCE & COMMODITIES
      • 431 21 UK may offer them the type of protection available offshore to protect partners' wealth from litigation FT [LONDON] Michael Heseltine, Britain's deputy prime minister, has launched an llth-hour attempt to stop accountancy firms registering offshore in Jersey to protect partners'
        FT  -  431 words
      • 44 21 [CHICAGO] QmtroverskUfinander Michael Milken shouts cffthejacket ofhis new book Unconventional Wisdom at the American Booksellers Association convention In rhiragn r>n Saturday. In the book, the former junk bond king talks about his experiences in business and in life. REUTER
        REUTER  -  44 words
      • 284 21 Reuter [CAIRO] Egypt has amended its banking law to allow foreigners to own more than 49 ptr cent of joint-venture and private banks. The change made by the parliament on Saturday mainly affects foreign banks which have gone into partnership with one of the
        Reuter  -  284 words
      • 401 21 Move to let Bangkok Bank of Commerce return to normal operations Reuter [BANGKOK] The Thai government is finalising a rescue plan for troubled Bangkok Bank of Commerce (BBC) that could help it return to normal operations soon, Finance Minister Bodi Chunnananda said. The
        Reuter  -  401 words
      • 423 21 At leut2oo projects require foreign fmids aad technology Reuter [BEIJING] China is to unveil in September a list of at least 200 coal projects requiring foreign investment or technology worth billions of dollars, ViceMinister of Coal Industry Zhang Baoming said. The government could allow
        Reuter  -  423 words
      • 144 21  -  By Sob 1 Tiang Keng [SINGAPORE] Cedel Bank, the international clearing and settlement house, will expand its South-east Asia network next month with an Indonesia link for the settlement of listed equities and bonds. Cedel's Indonesian agent for securities and cash correspondent services will
        144 words
      • Article, Illustration
        945 21 PK1M11 LIDfDDfO KATBS Mi a. MMNMff HUMIMM 4H iMMMV .r 7 f-iHt «h >—i—m T •a M* •■MIIMMM tH MMMMkWUM 7 kn*M» 7 NMM —»—>l—I 7 7 (HttflMftoRTftM «U —Irfft—. i* >»<—imi fn M MdMl 7* —J1f» MlfhilMM M MrflMMh (H MKkNn _7 MltlMN 7 iHptMl AUnatwf M (H topM*
        945 words
    • COMMODITIES & FUTURES
      • 601 22  -  Slliiihi Weeklyßoundup Hopes of monetary easing crushed; focus tnrns to Russian elections By Callum Henderson, [SINGAPORE] Another indecisive week for the US dollar the market again tried to bid it higher and got beaten back. Once again, the Bundesbank sprang a surprise on the market, with
        Source: Simex  -  601 words
      • 907 22 COMMODIT7 Weeklyßoundup AFP [LONDON] Record losses unearthed at Japanese trading house Sumitomo Corp thundered late last week through the London Metal Exchange (LME), which is the most important market place for copper in the world. After an initial slump in prices on
        AFP; Source:  -  907 words
    • 1573 22 S1C0M FUTUBBS Juni4 RUMCR (Mm dad* m it SJOia) R$S1C0NTtACT(ScMtafe) Ctosa VtfNtt Oh* l|„|t i* > Www Vtljn WW vfll Initftki J*96 207.75 1100 AtfN 204.00 203.50 202.50 600 2050 Sap 96 ***** 2425 Oct/Doc96 197.00 H175 Jan/Mar 9? 196.50 2925 Apr/J»97 196.50 RSS 3 CONTRACT (US cwts/l*)
      1,573 words
    • 2834 23 mm mm M Net Maya r 4410 um m Date TV tv TV WV MT* JM) I 4UM 443* no 240 fwmi mm *aO <taM Ma) fata) 0C8C May* r 40***1 837.777 47.0 8L0 OaprayMO May 20 F 1S30S 7*8 *1 43 amnZ 5?" r turn
      2,834 words
    • 749 23 Relative Strength Index: The RSI measures the rate at which prices move. In theory it ranges between zero and 100. In practice, however, it fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: *****0/[(up average/down average)
      749 words
    • MARKET REVIEWS
      • 591 24 NEW YORK Investors will also be eager to hear comments from Fed nffirifllg Reuter ;JN addition to fretting about where interest rates are headed, Wall Street this week also faces the first round of the Russian elections and the "tri-ple-witching" options and futures
        Reuter  -  591 words
      • 353 24 LONDON AFP THE London Stock Exchange followed the old football adage that "it's a game of two halves" last week, when shares rose during the first three days of the week, only to plummet thereafter. But the market recorded a
        AFP  -  353 words
      • 869 24 □Sydney -3J AUSTRALIAN share prices ended the week 0.2 per cent softer, with much of the blame landing at the feet of a weakening metals market, brokers said. "Metals and the dollar will be the things to watch next week," Dicksons broker Diane Jenner said on Friday,
        869 words
      • 223 24 HONGKONG AFP, Reuter SHARE prices slumped 3 per cent over the week to Friday on continued worries over US interest rates and Sino-US friction, dealers said. The key Hang Seng Index fell 331.56 points from a week earlier to close trading on Friday at
        AFP,; Reuter; AFP  -  223 words
      • 324 24 TOKYO Investors seen testing market's upside this week AFP JAPANESE share prices hit the year's high on Friday as the Tokyo Stock Exchange came back to life at the end of a week of waiting for the settlement date for June futures contracts. The
        AFP  -  324 words
      • 1373 24 QP*ri» +178 FRENCH stocks are expected to fall in coming days as a weaker dollar hurts exporters and offsets hopes the economy will start showing signs of recovery anytime soon. On Friday, the benchmark CAC-40 Index fell 0.68 per cent, or 14.42 points, to 2,111.78. On the
        1,373 words
    • KUALA LUMPUR STOCK MARKET
      • 7316 25 KUALA LTJMFURReports AFP, Reuter QOnpodtebin 4.11 MALAYSIAN share prices closed 0.5 per cent lower last week as sentiment was dampened by lack of foreign players and rising domestic rates, brokers said. "Foreign players were largely sidelined this whole week in the absence of
        AFP,; Reuter; ALLAN  -  7,316 words
    • WARRANTS & OPTIONS
      • 3502 26  -  WARBAMT WATCH By R Sivanithy NEW Malaysian warrants are rapidly coming into the market as if they're going out of fashion. In Saturday's column, we featured Renong's new warrant and today, we focus on another that just made its debut on Friday, heavy engineering giant Hicom
        3,502 words
    • 1904 26 yy LaotOpoto H. WMt M Cap WN» I— Mm ftgg m COOP) MN> Lwr —ror MNr Cw P/l Urn *2 1 U? m m m uomkj 4MJ •*•*251 f"? 508 1 m«s» n oMusu so HO 2M II HOt Mcom 220 d kj mi a» w sou *mrt^50t^
      1,904 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1135 27 TUWOYO C000) VMM fl>00) IW cm Ttt w cn> g—trtl 154,033 H4M WM»I <04.609 >4.174 444,747 ftaMM 20,734 <4,740 JMM «04t3 2I.W0 209,7*3 3J0* U07 4.M4 *0,4*3 2.473 13,144 M.7I4 24,51* 5U05 125.442 15,038 160,478 "wwiw 3l447 14*7 *.134 WNRf US M» MN 5.904 K» *327 (4,134 32.445 29,744 lUOO
        1,135 words
      • Article, Illustration
        57 28  -  -By Shiv Taneja UIC, which closed unchanged last Friday at t1.40 on a volume of 2.7 million units, is a buy at present levels. It is trading near Us four-month low, and the daily and weekly RSI and Stochastics charts indicate a buy. The directional indicators are less
        57 words
      • 1037 28  -  STOCK MARKET COMMENTARY More skittishness expected in US bonds at least until US Federal Reserve's next policy meeting in July By R Sivanithy [SINGAPORE] A week ago, we said there was little on the horizon in the way of market-moving
        ALLAN  -  1,037 words
    • 4501 27 1998 Last Va4 MM* Last Ouat* M* Dlv YM Nat C«a An High Law StNa Cam—my Saja COOP) HH> Law Buyar «aHar fir H PfX %m» Prtc« MMSTHALS 5146 ASE NT$W 200 US- 214 165 1298 Acar 90c 1 US193 Co *10 735 193 WO 193 194 5.ON
      4,501 words
    • 826 27 Or Or mm 1998 LMt VM Wmk Last Omti Ov Dtv YM Hat Cm Am Um aw Ci—m coco hn> m ft, urnm cv pn. Mm fflftflfl 289 228 t 2000 AMHMqiSc 230 cd -14 224 231 22S 2)0 235 U 142 0.1 1413 1023 232 234 139 2001
      826 words
  • Page 17 Advertisements
    • 379 17 Do You Have a Financial Plan of Your Own Are You Sure it Qives You Maximum Returns —7 Tlki seminar to planning finances n g|, I, ■—M Hf,. t I MHipwsf your life! ,M i You'll Never See Your Investments the Same Way Again. 1996 I Fihahqai PUMHEB I Investment
      379 words
    • 100 17 Mj&ik I 4^l gfoti. I v 45 '^^fIMH IL, «<J ji V gflflHp■p I^H Now you can exchange your foreign currency denominated shares (FCDS) for cash with Multi-Currency Share Loan from Hong Leong Finance and Singapore Finance. If your FCDS are in US dollars, Hong Kong dollars, Japanese Yen... and
      100 words

  • Page 18 Advertisements
    • 467 18 B f I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) I I NOTICE OF CLOSURE OF BOOKS I I TO LOAN STOCKHOLDERS I PAYMENT OF INTEREST ON *****,167,9101.5% UNSECURED I CONVERTIBLE LOAN STOCK DUE 1997 ("LOAN STOCK") I Pursuant to the terms of issue of the Loan
      467 words
    • 43 18 I ins 'n' Ripples PTE LTD Ui,,! •\\Hi rt ..jwuu rit'ii J ||K j« v iI I ..Ib'llK MOM i|t, i ii r i ,v i, i: s, 1 1 Smith Street Singapore 0S8 1 1" 'Mliril I'd (6S) *****56 lav <(o) 222X()S^
      43 words
    • 118 18 BUSINESS \oticeS '|n \I I mil -I KM ISi Ml-"41 INN.* I MORE NOTICES ON PAGES 4 19 AND 28 This announcement appears as a matter of record only FLEXTRONICS INTERNATIONAL LIMITED U5545,000,000 Revolver Arranger Bank of Boston, Singapore Branch Co-Arranger ABN AMRO Bank NV, Singapore Branch Underwriting Banks ABN
      118 words

  • Page 19 Advertisements
    • 186 19 Relaxing. Quiet, and fi^SrML In the comfortable ambience of the Barons Table, enjoy our Executive Lunch, where we combine the best of buffet and ala carte dining. We'll get you back to work well-fed, on-time, and within budget. All -you-can-eat Appetizer Buffet Fresh, healthy and light, the selection includesfresh Shrimps,
      186 words
    • 502 19 DANSKE BANK BALANCE SHEET PROFIT AND LOSS ACCOUNT at December 31,1995 for the Accounting Year 1995 1»» 1994 IMS PTTTTT MrIJW OKr 1,000 Mr MM DKrljDOt Cash in hand and demand deposits ■rtioertrai barto.dc. I.MMM UMM** 1 i j,,, loanbfeaidolwMsditMtorrdtaming 4.171.M4 3*1397 r,., r. |_r Interest on loans and adwnces,elc.
      502 words

  • Page 20 Advertisements
    • 219 20 REAL COOL WEB PAGE INTRODUCING P P) microsoft rrontl sgc. Now you tin t reate a wet) site even during your coffee break. With just a mouse and a PC Because M crosoft FrontPage takes the my ,tery out of creating and managing your own web site All you hav-■
      219 words
    • 114 20 un r J J A The'Akash Bridge'at N3SW.E 141 W. Businesses rely on us to keep the flow of goods steady, and we take our responsibilities seriously. To meet our customers' needs we've created an integrated network of shipping routes that spans the globe. We maintain a diversified fleet of
      114 words



  • Page 23 Advertisements
    • 40 23 B_ 7 f J gir^ Property: A whole new ball ilj Meet corporate raider Sukamto Sia Electronics stocks: Back in favour? Malaysia's deficit: Far from Mexico Have our fund managers beaten the market? Investment spotlights: Singapore Aerospace, Fu Mj Manufacturing
      40 words


  • Page 25 Advertisements
    • 40 25 when the Market gets Going, sawy OURFIN* Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— httpv7www.asial.com.sg/btstocks on the Internet IdEU BUSINESS CENTRE I YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
      40 words

  • Page 26 Advertisements
    • 138 26 Land Transport Authority Infoline I Share Rllocation Results I jMp'SSj|Tl(^l COE Bidding Results Car Registration Number Availability. Wondering which share result An SPH AudioTex Scrvice Av uablc ah yo« need is Call our non-1900 AudioTex Enquiry number and the Vehicle Category number bid for. 1 hotline On 740-2350 (24 hours)
      138 words

  • Page 27 Advertisements
    • 103 27 Save up to 4hrs to the USA via our Detroit hub. The best way to enjoy extra time on the ground in the Eastern USA is to fly Northwest. For instance, we'll save you almost an hour to New York and Chicago. shrs to Minneapolis, 4hrs to Detroit and further
      103 words

  • Page 28 Advertisements
    • 278 28 BUSINESS Notices to \i)\i:r T i s i; (all toll- iri i: i<x <h> -1 4 i iss < I This announcement appears as a matter of record only PT BAKRIE ELECTRONICS COMPANY USD 50,000,000 TERM LOAN FACILITY Arrangers BA Asia Limited The Mitsubishi Trust end Banking Corporation, Singapore Branch
      278 words
    • 8 28 MORE NOTICES ON PAGES 4, 11 AND 19
      8 words
    • 320 28 M THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AMD IN THE MATTER OF BYTCOPTELTD (IN UQUIOATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the FINAL MEETING of the Members of the abovenamed Company will be held on 17th day
      320 words
    • 227 28 M THE MATTER Of THE COMPANIES ACT, CHAPTER 80 AMD IN THE MATTER Of MACMIUAN SOUTHEAST ASIA PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company will be
      227 words
    • 258 28 M THE MATTER Of THE COMPANIES ACT, CHAPTER 80 ANO IN THE MATTER Of ARBEO INTERNATIONAL TRADING PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act, Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company will be
      258 words
    • 242 28 Home Decor -For people who love their homes IN THE MATTER Of THE COMPANIES ACT. CHAPTER 80 ANO M THE MATTER Of CONFECTIONERY TRADE PTE LTD (FORMERLY KNOWN AS VTVH. ASIA PTE LTD) (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter
      242 words
    • 487 28 NOTICE j P.T. Bank Dagang Negara (Persero) acting through its Cayman Branch Floating Rate Notes due 1996 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from 17 June 1996 (inclusive) to 17 December 1996 (exclusive) the Interest Rate applicable to the
      487 words

  • SHIPPING TIMES
    • 287 29 Contributed by Simpson IN SPITE of the "festivities" at Poseidonia last week, there has been an increase in activity and there are some interesting sales. A number of panamax tankers have been committed. The Reliable Energy (62,000/90) is sold Messrs Sonap in Chile and the Venezuelan vessels Caripe
      Contributed by Simpson  -  287 words
    • 234 29 w CwtOMrtbuttai IM HXOI io" dMMnHupHoMbigi.t04 *001 U CMMIMMImM —LM *002 IT FtLS 7.95 -OOS US FrtMLMl arS OilllHi UO *0.02 23 WtanHw 104 «0.01 27* HNKMZmm &97 «O01 10 IMNMI HKSutO 111 *002 1 jMMWnwi r.ro «oos no linen .ajl V42 «OOI 307 0»»M| Mn Willi -US2-73
      234 words
    • 349 29  -  Container volumes through HK expected to go up with increase in sailing frequency to Japan By] Rahita Elias [SINGAPORE] Pacific International Lines (HK) expects to see its business volume increase by 20 to 30 per cent this year. Teo
      349 words
    • 43 29 [PETROPAVLO VSK-KAMCHATSKY, Russia] Sailors ofthe Russian Pacific Ocean fleet casting their ballots yesterday at the polling station in the most eastern Russian city of Petropaulovsk-Kamchatsky. Petropaulovsk-Kamchatsky was the first Russian city to kick off the election. REUTER
      REUTER  -  43 words
    • 667 29  -  DOCKYARD By Davis Hughes POR the shipping community, the northern summer started with that bi-annual gathering in Piraeus, Posidonia. This year, much of the talk at the gathering was about the markets. Greek owners seem to be responding to poor freight rates
      667 words
    • 107 29 MBT [KUALA LUMPUR] The Malaysian Business Times has taken steps to provide on-line shipping reports and schedules by the end of the year. Together with Electronic Data Interchange Malaysia, the financial daily plans to create and implement Transport Online, a one-stop interactive public domain database and resource
      MBT  -  107 words
    • 207 29 Reuter [PARIS! A US Congressional amendment to an international pact on cutting subsidies to shipyards threatens to wreck the agreement, diplomats said on Friday. "That is my assessment. US shipyards will get a competitive advantage over the Europeans and others," one European
      Reuter  -  207 words
    • 110 29 MBT [KUALA LUMPUR] Malaysia's Transport Minister will be given wider powers to draw up rules under the legislative set-up of the proposed Merchant Shipping Bill, enabling him to implement changes especially those connected with international laws. The proposed Bill formulated to streamline the rules and
      MBT  -  110 words
    • 353 29 Dense fog hampering search for survivors •fsnnhenship Reuter [SEOUL] All 26 crew members aboard a Cyprian-registered cargo vessel were missing and feared dead after it sank off South Korea following a collision with a Greek ship, maritime police said yesterday. They said
      Reuter  -  353 words
    • 252 29 Bernama [PORT KLANG] Shipping agents should play a bigger role in promoting the facilities of local ports to attract more ships to call, Deputy Transport Minister Wira Mohamed Ali Rustam said on Friday. He said the agents' role was vital in efforts to make Port
      Bernama  -  252 words
    • 1025 30  -  BUTLDDiO AIRCRAFT FOR CHINA: DOUGLAS LICKS ITS WOUNDS BUT COMES BACK FOR MORE Western aircraft makers are vying to help China build its own commercial 100-seater jet even though the project faces many hurdles, not least of them being China's poor record in its
      Bloomberg Business News  -  1,025 words
    • 416 30 PACE Evcrprime 16 A£l 17 Fl.-«i1gl* 7 Anshpo n n* u awl 3 Fmovs 7 Afl 14 F wW Able M Fcctfertran 18 i Accord 8 '""I*" AhrenkM 4 Frtlinfcs K AommMo 4 W World 7 3 GLink 5 Austral 9 A«ant 6
      416 words
    • 14122 38 EXPORT CTA CTA Advertiser VmmI Voyage Telephone ETA CTA Adverttaer Ve**ol Voyage TeMpftono MW De«rn Heme Hue Number Number SjNDo*riitMm^^^^^Njm^^^^ltag»e^^^*£jer 22/0* 01/07 MOL OCEAN CENT AURUS 0075A MBBM A 21/0* 01/07 MuRMne TRADE FAST TFSKI *9-*****11 16 ABIDJAN (ABJ) 2003 jq BOSTON (BOS) 2054 Ivory Coast, Cote D'lvoire
      14,122 words
    • SHIPS IN PORT
      • 596 47 V«d V»y Mo lgj> Arrtwl Ptfrtf* J—|M Mis 07 JIM alonpim 17.01/2300 toatotoarii ¥571 Jtt aiongsida 17.06/2300 H MM CM $7 33/96 J01 aiongada 16.06/0030 MP Trior 172* Ml rieaftkk 16.06/0900 MSarli 51/96 J01 atoagsida 16.06/2359 M TtMM j C 3/96 JOI rioagrida 16.06/1500 CaaiM Hop* 147 JOT
        596 words
      • 1897 47 RECEIVING Of EXPORT Fa CONTAINERS AND La CARCO Poofclno/llilnci Rstts SMp Voy Il> EtWBtr NriM Fr— To Fnm Aci JKt 2950 19/1700 a It/1700 (7/0659 17/0900 VtOlOO 17/1159 I7/V400 4 17/1200 I7/M59 (7/1700 Aa Mw OUA N/0700 tt M/H00 M/M99 ft/600 tt 14/1700 17/001 17/0900 3 17/0700 17/1159
        1,897 words
      • 244 47 JUNE 17 Hongkong: Monday after Queen's Colombo: Sacred Heart. South Africa: Public holiday. JUNB 30 Hongkong: Tuen Ng Festival. Taiwan: Dragon Boat Festival JUNB 21 Finland: Midsummer's Eve. JUMBM Argentina: Flag Day. Canada: Market and public holiday Quebec only. St Jean Baptlste Day. Luxembourg: National Day. Portugal- Market
        244 words
      • 298 47 JmU J2" 1-B11( P 0 fM u !7.f 0.0 IN »m m*n «j u mj m i ul mm. mi to hi 0.0 mm mm »w» »mi »mi w mtm mmm»oi I i o o t tM/CMac 1Mb Ipat Wl 10 8.0 0.10 M* WO* UU|#
        298 words
    • AIR & LAND TRANSPORT NEWS
      • 504 48 Analysts cautiously optimistic 2 countries will agree on a division-of-labour arrangement Reuter [SEOUL] South Korean and Chinese negotiators meet in Beijing today to try to salvage a multi- billion dollar joint aircraft project originally intended to seal friendly relations. In 1994, China
        Reuter  -  504 words
      • 187 48 AFP [JAKARTA] Twenty one stateowned companies have pledged to buy 70 billion rupiah (Ss42 million) worth of shares in a company set up by President Suharto to develop a national passenger jet, the state Antara news agency reported yesterday. Trade and
        AFP  -  187 words
      • 318 48 Policy blamed for first sales decline in 3 years NYT [BANGKOK] New car and truck sales in May fell about one per cent from the same month a year earlier, the first such decline in more than three years as stricter
        NYT  -  318 words
      • 200 48 NYT [NEW YORK] Christopher R Lynn, who has overseen some of the biggest changes in New York's taxi industry in years as chairman of the Taxi and Limousine Commission, will be the city's next transportation commissioner, Mayor Rudolph Giuliani announced on Saturday. The mayor also
        NYT  -  200 words
      • Article, Illustration
        38 48 [HANOI] A father and his children riding on a Japanese Honda motorcycle in the centre of Hanoi yesterday. Motorbikes are everywhere in Hanoi and have become symbols of a new consumerism in Vietnam today. AFP
        AFP  -  38 words
      • 196 48 Reuter [BEIJING] More Chinese are choosing to fly this year, snubbing increasingly costly rail travel in favour of faster methods, according to statistics published by the China Daily Business Weekly yesterday. A total of 1.67 billion people travelled by rail, plane, boat or bus in
        Reuter  -  196 words
      • 325 48 Drop attributed to planned of national cars Reuter [JAKARTA] Indonesia's car sales in May declined by 7 per cent from April, with passenger cars posting a drastic fall, a monthly statistic report from Astra International said on Saturday. Astra, the country's largest automobile
        Reuter  -  325 words
      • 204 48 Bloomberg Business News [WASHINGTON] Delta Air Lines Inc. Swissair AG, Sabena SA and Austrian Airlines said they have received final US Department of Transportation approval for a marketing alliance among the companies. The move gives the companies antitrust immunity, which
        Bloomberg Business News  -  204 words
      • LOG Book
        • 90 48 Bernam-Xinhua (PHNOM PENH] The Cambodian government is planning to build a new airport in Siem Reap, north-western Cambodia, by the year2oo6, said Minister of Transport Ing Kiet The planned new airport, estimated to cost a total of USf5OO million (StTOO million), will be located
          Bernam-Xinhua  -  90 words
        • 93 48 Bloomberg Business News [BEIJING] China has shelved plans to reduce state-set car prices this year, the official China Daiiy reported, citing an official with China's Machinery Industry Ministry. Jiang Lei, deputy director of the ministry's automotive department, said "a couple" of China's major
          Bloomberg Business News  -  93 words
        • 81 48 AFP [DHAKA] A new Airbus-310-800 has joined Biman Bangladesh Airlines' fleet to start its first flights later this month on Middle Eastern and South-east Asian routes, airline officials here said yesterday. The aircraft, which arrived in Dhaka on Saturday from France, was one of
          AFP  -  81 words
      • 175 48 Reuter [SHANGHAI] A design from France's Aeroports De Paris has been chosen for the terminal building of Shanghai's second airport to be buUt in Pudong to the east of the city, the China Daily Business Weekly said yesterday. The terminal building project is
        Reuter  -  175 words
      • 1424 48 OTT FUSHT ETA FU6HT ETD AM MM $m m aw? two ay30 20s AMMM S0230 WO SQ229 2220 »llWl SQ9T7 1655 $0970 OOP Amm* mm 1325 NtCMMM VN74I 1310 VN742 0025 AKtar«M KU43 0455 SAM 0030 ***** 1415 ***** 0930 SO3X3 0600 "fH 2300 ®72 1730
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    • 18 29 Once bitten, but still not shy Douglas licks its wounds but comes back for more deals. Page 2
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    • 512 37 Tropical 10. kl smim MADISON RfGMA MAERSK 9606 MAERSK 9605 Port Country 18/06 28/06 BeJir* Cily Belize 22/07 01/08 Bridgetown Barbados 25/07 04/08 Cvtogena Colombo 24/07 03/06 Castries St. Lucia 24/07 03/08 Fort de Franc* Martinique 25/07 04/08 Frwport Bahamas 20/07 30/07 Kingtfon Jamaica 22/07 01/08 Pointe a Pi*r» Guadeluope
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    • 690 37 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I C 8 WO: **********06 it a!" lim 111 fy 111 f 9 w IWI Ijgs™ I E 55 I awu fflts- -Wr m w VII w yd 1 na isasssr 1 ma I i;a
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    • 501 41 I" VESSEL VOY MAA SIN I TIGER BRIDGE 442N 17-18*06 23-26*06 01-0207 I TIGER BAY 443N 21 22/06 *****0 06-0606 I TIGER WAVE 444N 24-2906 30-03/07 06-09*07 I TIGER ISLAND 446N 28-29/06 03-07/07 12-13*07 I TIGER BROGE 446N 01-02/07 07-1007 15-16(07 I TIGER BAY 447N O+Q7/07 10-14/07 19-2007 IVEME^^^^VOrSII^^CA^^sI?^! EAGLE
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    • 1217 41 Nedllovd WEEKLY TO [Sfl I Nedlloyd Lines east coast south america SIMfiAEQBE PHONE (GENERAL) 2218M8 RATE ENQUIRIES »10M1/a4«2W CFB (PHONE) *****10 CFS (FAX) *****23 |T»B—« iwanr—wmin S»' 5w5^7 07/07 08/07 09/07 22/08 08/07 09/07 13/07 14/07 *VO7 MOSEL 18/07 18/07 17/07 14/07 ELBE /MM S'SS 14/07 15/07 16/07 It oaitwrt**
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    • 2625 42 19DV&MRDM241 JTNHMUW SMGAfOtE *****< (Q ML2OOOMMOOO/W) customer soma ns-i-ns documentation fax s n++M4 i*i GENERAL LINE GENERAL FAX Ml4-M2 Wc Cany You, Confident °SIE 270-W4S EAfiUVOKE :321-MM TO NOOTW AMERICA A CANADA WEKLT COWPMNERIZED SERVIC* m mI «I JtT WMB/WTMf |WMBM>TMI IMAIUJIOM VW Ot 041 HOU ATI HTC IPS Mg
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    • 1110 43 IMPORT FCL/LCL consolidation I GERMANY/SINGAPORE Marshalling Forwarding Services (MFS) vui Bremen and Hamburg KAIn .\l\ eJ| 1 > V Our staff at your service: $V r Jtr Francis DID: *****54 Maria DID: *****75 f? Nicholas DID: *****77 Salha DID: *****71 AuoSxiraSr ff 9 JEr LogMtta Scnrtm >■ USURER EXPRESS SERVICE
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    • 27 43 TRAMP CHARTERING VENUS SPORE 20 JUN FOR INDUCEMENT CGO ANYDIR PtOJKT CAKGO/TtAMSliflißtT SBtVKI GENERAL AGENTS: MIBVMVE MBCB PTE LTD #0342 WALUCH STRfILDG SINGAPORE B7IMO tbja<3s— TUtam m-aom
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  • Page 45 Advertisements
    • 541 45 .J- Singapore Soviet Shipping Co. Pte. Ltd. CRNO: **********0N BOMBAY/COCHIN VOY ism BOM XOUR GEMINI 420 20/00 28/00 TRADE FAST TFBIOI 23/00 01/07 KOTA CAHAYA CAHISB 20/00 04/07 MEKHAMK KURAKO MK2ON 30/06 06/07 t |^^^^BSS||iibihihSIBBSSSBSpSSSM v HljLl IJ ■—M im mi imm vessel vov spore ilychcvsk I EVER GRACE 0112-OQOW
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    • 413 45 SIM FAR EAST 25/06 KEELUNG/KAOHSIUNG 23/06 BANGKOK 23/06 MANILA/CEBU 23/06 JAKARTA/BELAWAN/SURABAYA 23/06 PORT KELANG/PENANG/E. MALAYSIA 23/06 BUSAN J 23/06 TOKYO/YOKO/KOBE/NGO/OSA 23/06 HONGKONG m CHINA 1 1 23/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/OINGOAO/HAIKOU 1 SIM EUROPE/UK 23/06 LDN/FLX/LVP/SOU JI 23/06 ROM/ANT/LEH/HAM/GOT/OSL I also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 24/06
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    • 403 45 zhm UZ2 FULL CONTAINER SERVICES DIRECT SERVICE AT ATTRACTIVE RATES /Genoa FOS BARCELONA SINGAPORE NEXTSAUNG& •3M ALEXANDRIA V9l/W ETASIN22)BIi •ZIM SINGAPORE V.IOSW My— CALL SERENE/JACQUELINE AT 323 0112/323 0124 OR FAX AT 323 4144 AGENT: STAR SHIPPING AGENCIES (S) PIE LTD 70 SHENTON WAY, 107-03, MARINA HOUSE, S(*****8) GENERAL LINE:
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    • 865 45 y IK* MOi **********08) -OCX NGPTUNBMK TB. (03) *****23, I iOOWNM MOTUNi TOi US, CANADA. UK/EUROPE. AUSTRALIA, (My A*• ILL (03) *****33. tyr ai#ll I OA PAKISTAN, HONGKONG. TAftVAN. JAMM \#S> '.il: I P Wong- (03| *****87. fwWw I nL I-*OO-2787*OO(TOU~MUB) I WWV* X '"MW* i*< 1-*OO-27*«100 (TOLL-MM) J JBaW(O7I
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    • 637 46 w if SINO EXPRISS SHIPPING (PTK) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. T m m TEL: *****00 (4 LINES) FAX; *****08 TLX: R*****1 SINOEX 3INOTUUH tMAMCHAI (CONMINIR SERVICE) Also accepting container cargo to: VBSEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beijioo. Chiwan r CHANG
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    • 840 46 AM MN CONTAINER LlNtii. WE I SSS222""SRSSS* 1 ""■"""KSSSS? PBIANO:W«MM6 BANGKOK: (882) *****87 SURABAYA:(SI)*****8 PKELAWQ: (08) *****77 JKE (21)*****07 MO* (81)*****2 BAMXJNQ: (22)*****06 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEN/PK SIM HONG KONG 18/6 19/6 mv "APL PHILIPPINES" V.005E SYDNEY/MELBOURNE/ADELAIDE 21/6 22/6 mv "KOTA HARTA" V.HTA 021 YOK/TYO/UKB 22/6 23/6 mv "A
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  • Page 47 Miscellaneous
    • 114 47 LMWi K ThwdMMm Tm*m*un A Shower Waolhor Wind dkocNon wNh iptttf In knot* -n Cloudy Sky w#¥ h-fIM Sarfjci wladiara MtoM ky arrow* wMck My wtlfc Km iW Ona fed cMt rapraaanti cafcn or Ight and varlaMa wtndi Ono half flacha raproaanto 9 knots L» Ono M dacha rapraaanft 10
      114 words