The Business Times, 18 June 1996

Microfilm: NL20610
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 85f SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, JUNE 18,1996
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  • Article
    MARKET SUMMARY
    32 1 DSn27(+l.S4) niroHF ■J 2M7JI (-1147) Wi muawam RISECOUP 1,***** -M7 ayw -44fi '»a KMOLAOOMP -XOM *u TtfjBWPl ——Mail ♦I«J1 Atw ALL n«n jS it: ••***<•; r* ipsr -om» BOt M4LS -«.1J
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  • Article
    FINANCE
    49 1 mnmwBum lW 81 m —-—im t tin tm dm a«? use mi m .(*»—im tw WS 119—.tltt BAtfT WMHMt Utt MSI HOME KATES MHHBK. lift IMffU 1411 apfnom A» TJUfn y, SYWEY *.7S TBWO- tm SEOUL OM zraocir* Am Fwwar* lOHPO*. jttt ?WWP^DBK11n 1.1——— -nm (Source: NatWest Bank)
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  • Article, Illustration
    Lock icon Pidemco to pump $360m into new Cuppage building
    417 1  -  Lettable retail, office space estimated at 25,000 sqm By] Lilian Ang [SINGAPORE] Cuppage Centre, famous for its food centre in the Orchard Road area, is to be demolished this month, and owner Pidemco Land will spend a hefty $360 million to build
    ARTHUR LEE  -  417 words
  • Article
    US, China trade war averted
    86 1 [BEIJINGJ China and the United States yesterday resolved a copyright dispute and cancelled tit-for-tat sanctions that had threatened to plunge both countries into a trade war. The talks were originally scheduled to end on Sunday. The US was adamant that the deadline would not be
    86 words
  • Article
    HSBC looking to buy into S'pore broker
    435 1  -  By i Catherine Ong [SINGAPORE] HSBC Holdings pic intends to buy a stake in a Singapore brokerage which gives it management control now that it has sold down its 34 per cent interest in Kay Hian James Capel, said group chairman William Purves.
    435 words
  • Article
    Norwegian conglomerate moving hq to S'pore
    603 1  -  Kvaerner's decision represents aconpforEDß Frorn'\ Yang Razali Kassim KVAERNER AS, a huge Norwegian construction, engineering and shipbuilding conglomerate with an annual turnover of US$lO billion (Ssl4 billion), is moving its world headquarters from Oslo to Singapore before year's end. It represents a coup for
    603 words
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      120 1 INBED& I I Wi J I MM 2000 With Singapore Telecom a«telose all its monopoly rights in the year 2000, shareholders must b6 »otedc, PBIT nviwm ■WBIS this pg. IfHSBC Is indeed tftflrtnt to TiMfn Chang teyrities, market seems lUftoo excited. Lum Chang has seen no unusual trading acthrttk* twH»
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      68 1 Pan report, Pg 7 \N Zyuganov Lebed Round one goes to Yeltsin With 98% of the votes counted the results of the first round of the Russian Presidential election show Boris Yeltsin with a slim margin over Communist party candidate Gennady Zyuganov. Full reports, ffclO,ll PERCENTAGE CANDIDATE OF VOTES BortaYtttsta
      68 words
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      7 1 HSBC Uvea up to its name, Pg2l
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      39 1 Eidtlag nhaagw at Pidemco Land, Pg4 %t- "■ss 11 1 W t i 121" t *IS- tttS 4 1 •^•WRsyff. 5 Si MMKIMIMK SII.K. K r>rf: f HERMES l f x. t t r r it" Sill, Ni' 1
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  • SINGAPORE AT HOME & ABROAD
    • Article
      E Asian wealth will be dynamo for world economy: SM
      498 2  -  Economic growth in China, India, Indonesia and Vietnam will give impetus to world trade as never before Bj/i Chuang Peck Ming PROSPERITY in East Asia will be the dynamo for the world economy, Senior Minister Lee Kuan Yew said yesterday
      498 words
    • Article, Illustration
      Shell Singapore chief retires after 34 years
      183 2 THE chairman and chief executive of oil giant Shell's Singapore unit, Peter Chen Min Liang, retires next Tuesday after a career with the company spanning 34 years. Mr Chen was Shell Singapore's financial director until his appointment as chairman and chief executive in
      183 words
    • Article, Illustration
      Lock icon Housing loans growth picks up
      372 2  -  EYE ON THE ECONOMY Finance By\ Shiv Taneja Housing loans growth by finance companies, which has been on a downtrend for the past couple of months, picked up slightly at end-April, Monetary Authority of Singapore data shows. Year-on-year housing loans growth at end-April was 15.92
      Source:; ALLAN  -  372 words
    • Article
      Shatec trainers head for Yangon
      183 2 Move part of My&nmar-Singapore pact on economic cooperation pact THE Singapore Tourist Promotion Board (STPB) will send local tourism experts to Yangon to conduct hotel training courses over the next three years. It will deploy trainers from the Singapore Hotel Association Training and Educational Centre
      183 words
    • Article
      Bintan red letter day for Goh and Suharto
      332 3  -  Leaders to open two resorts, hold talks on ties and regional developments By Agnes Wee PRIME Minister Goh Chok Tong is visiting Bintan, Indonesia, today where he and President Suharto will jointly open the Bintan Beach International Resort (BBIR) and the Bintan
      332 words
    • Article
      Government staff to get 6.5% NWC wage adjustment
      244 3 CIVIL servants will get a higher NWC (National Wages Council) wage adjustment this year. The Prime Minister's Office (PMO) yesterday said the rate would be 6.5 per cent, up from 5.5 per cent last year. The adjustment will be paid into monthly
      244 words
    • NEWS Roundup
      • Article
        New CPF branches in Woodlands,Selstar
        73 3 THE Central Provident Fund Board said yesterday that it planned to set up more branch offices in Woodlands and Seletar.lt Is also considering adding more Personal Auto Link (PAL) lobbies at POSBank branches. The move# were disclosed at the official launch of its one-stop telephone
        73 words
      • Article
        Mongolian leader arrives today today
        73 3 WU LIJI, the chairman of Inner Mongolia Autonomous Region, will visit Singapore on Jun 18-22. As a guest of Trade and Industry Minister YeoCheow Tong, Mr Wu win be briefed by the Trade Development Board, Economic Development Board and Jurong Town Corporation. He will also
        73 words
      • Article
        Monaco crown prince arrives tomorrow
        46 3 THE crown prince of Monaco, Prince Albert Alexandre Louie Pierre, will arrive in Singapore tomorrow for a visit as a guest of Foreign Minister S Jayakumar. Prince Albert will call on Presldent Ong TengCheong and Deputy Prime Minister Lee Hsien Loong.
        46 words
    • Article, Illustration
      Top Indian businessmen here for first conference
      279 3 SOME of the most prominent Indian businessmen from around the world gather in Singapore tomorrow for the first-ever Global Indian Entrepreneurs Conference. They include Ratan Tata of India's Tata Industries, Srichland Parmanand Hinduja of the Hindu Group and the Hinduja Foundation of the
      279 words
  • Page 2 Advertisements
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      1170 2 ALLIANCE TECHNOLOGY AND DEVELOPMENT LIMITED (IncMporatod in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraontinary General Meeting of the Shareholders of Alliance Technology «xJ Development Limited (the -Compeny") be held at 130 Joo Seng Road, #06-01 ATD Centre. Singapore *****2 on 4
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      39 2 U A K jiff Properly: A whole new ball gam?"* 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 Mi Manufacturing
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  • Page 3 Advertisements
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      4 3 THE Finest Scotch Whisky
      4 words
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      143 3 wmgm The Elizabeth Singapore Unveils A package that allows you to tee-off at one of J oho re Bahru's most prestigious golf course, Pulai Springs Country Club. A mere 20-minute drive from the Singapore-Johore Bahru Causeway. Choose to stay with The Elizabeth Singapore and enjoy a premier Package that has
      143 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Exciting changes can be expected at Pidemco Land
      603 4  -  THB PROPERTY COLUMM With ST group at the helm, Pidemco could start by divesting non-core assets By Lee Han Shih WITH the acquisition of fellow government company Pidemco Land, the Singapore Technologies (ST) group has become a major property player. What shape
      603 words
    • Article
      Lock icon Cheung Kong tops in HK Q1 property sales: report
      296 4 SCMP [HONGKONG] Cheung Kong (Holdings) is believed to have been Hongkong's top developer in the first quarter with sales of HK$6 billion (551.09 billion) worth of property, says a Dharmala Securities research report. But the territory's biggest property company, Sun Hung
      SCMP  -  296 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      218 4 Prime Industrial Leasehold Sites In The Central Region For Sale by Tender (2 lots) 2 lots to be sold in one line or if not sold then in separate lots Site area 120,372.7 sq ft. Built in area 135,407 sq ft. 99-years leasehold w.e.f 1.7.1962. Zoned clean/light Industry with proposed
      218 words
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      Page 4 Advertisements Column 2
      275 4 202 KALLANG BAHRU 8-storey light industrial building Excellent industrial location Close proximity to City Centre, M amenities and proposed H Boon Keng MRT Station ~j Land area: 10,084 sq m < 108 503 s q ft /<$ /.I GFA: 20,299 sq m (218,498 sq ft) ''•-■//y Tenure: 60 years leasehold
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      166 4 Prime Freehold Residential Development Site For Sale by Private Treaty Location The subject property is located along Tanjong Rhu Road, near to the junction of Fort Road and Tanjong Rhu Road. Description An existing old bungalow Land Area Approx. 15,100 sf Tenure Freehold Plot Ratio 2.1 Height Restriction: Up to
      166 words
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  • SOUTH-EAST ASIA
    • NOTE Book
      • Article
        Lock icon Ramos against repurchase decision
        42 5 Bloomberg Business News [MANILA} Philippine President Pldel Ramos may overturn a decision by the Committee on Privatisation last week allowing former associates of deposed strongman Ferdinand Marcos to repurchase companies taken over by the government. Bloomberg Business News
        Bloomberg Business News  -  42 words
      • Article
        Lock icon No replacement party,says Thai PM
        67 5 Reuter [BANGKOK] Thai Prime Minister Banharn Silpa archa said yesterday he would not bring an opposition party into his six-party coalition to replace a junior partner which pulled out at the weekend. The Prachakorn Thai (Thai Citizens) party, which has 18 seats in the lower
        Reuter  -  67 words
      • Article
        Lock icon Thai corporate tax to be out?
        86 5 AFX-Asia (BANGKOK] Corporate Income tax is likely to be cut from »ptreent to 27 per cent to make Thailand more attractive ft* major overseas investors, the Bangkok Post quoted a Finance Ministry source as saying. The source said value affcbd tax might hava to
        AFX-Asia  -  86 words
      • Article
        Lock icon MNLP head may boycott peace talks
        42 5 AFP PO, Philippines! Nur Misuari, chairman of the irgent Mora National Liberation Front, is to boycott peace talks this week In Da vao City Lg military operations ware being conducted islim group on Basllan island. —AFP
        AFP  -  42 words
    • Article
      Indon authorities revoke Dragon Bank licence
      388 5  -  JAKARTA Mystery-shrouded Vanuatu-based DBI apparently opera ted as a bank and not as an investment firm By\ S N Vasuki INDONESIAN authorities have revoked the licence of Dragon Bank International (DBI) to operate a representative office in Jakarta. The Vanuatu-based bank whose operations are
      388 words
    • Article
      Lock icon CPI up 3.6% in line with expectations
      271 5 KUALA LUMPUR Reuter A 3.6 per cent gain in May Malaysian consumer prices was safely under the 4 per cent inflation level projected by the government for the entire year and within market expectations, economists said yesterday. But they added it confirmed a
      Reuter  -  271 words
    • Article, Illustration
      Lock icon Mekong: Alatas disagrees over funding
      250 5 KUALA LUMPUR AFP GOVERNMENT ministers from South-east Asian countries gathered here yesterday to discuss development in the Mekong basin, as disagreement arose on how to flind proposed projects. Indonesia's Foreign Minister All Alatas disagreed with Malaysia's proposal for a Mekong Fund, saying Jakarta preferred a
      AFP; REUTER  -  250 words
    • Article
      Thais sign deal to buy Myanmar gas
      403 5  -  mBANGKOK PTT may take stake in Tenet-led internatitiialgrtap developing gas field By Loh Hui Yin THAILAND yesterday inked a multi-billion-dollar agreement to buy natural gas from Myanmar, even as pressure mounts in the US to isolate the military government there. The gas that
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      173 5 I BfeMgHj* x --f■v.- ,?isßirassgaßMHyWl'lHW'ila -a-■■•»•«. <wT *T^^-traSWB —'VinliWH'f L L 'iii 11 P In vy M/ W m B m m H rn M W supplier for electrical distribution, industrial control and automation: V Vj4 C/C/ K K K m I K X Schneider has the same quality standards
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  • FOCUS: SUMITOMO DEBACLE
    • Article
      Copper futures fall to US$1,980 in London
      508 6  -  Prices hit low of US$l,9OO a tonne on fears of gnwrtfrpmft piMrittoiMi From. Neil Behrmann in London COPPER futures fell yesterday to US$l,9BO a tonne on the London Metal Exchange in volatile trade, down from U552,037 on Friday, on fears that Sumitomo was
      508 words
    • Article, Illustration
      Lock icon Shares plunge 16%; credit rating cut
      403 6 Stock inundated with sell orders and falls by the maximum daily limit of2oo yen AFP [TOKYO] The fallout from Sumitomo Corp's huge trading losses spread yesterday with the company's share price plunging 16 per cent and its credit rating cut in a move that
      AFP; Source: Bloomberg  -  403 words
    • Article
      Lock icon Australian mining shares fall sharply
      164 6 AFP [SYDNEY] Australian mining shares dropped sharply here yesterday, dragging the market lower in the aftermath of massive copper-related losses by Japan's Sumitomo Corp, brokers said here. Australia's biggest company, the Broken Hill Proprietary Co (BHP), which depends on copper for a third of its
      AFP  -  164 words
  • Page 6 Advertisements
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      1328 6 o Dresdner Bank AkNsngsselschaft tupfYimry Botrd Consolidated Balance Sheet condensed at 31st December IMS with comparative figures &*SSTCK« SSKSTt'SSS.o^a—. Karl Beosch Recntsanwart Gnjrvwatd (from F#oruary 24.1996) Assets Liabilities HaraldC Bieler Dresdner Bar* AG Frankhxt am Mam Klaus Cartel Mats of He Executive Board of Trad* Uraon HBV OutaaWor* Marina Oauemhe*Tl
      1,328 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon US, China trade dispute resolved
      490 7 BEIJING But much remains to be done to improve Chinese copyright enforcement: US AFP, Reuter CHINA and the United States said yesterday they have resolved their bitter copyright dispute and the official news agency Xinhua said the two sides have cancelled tit-for-tat sanctions that would
      AFP,; Reuter; AFP  -  490 words
    • Article
      Lock icon Foreign brokerages step up research in Shanghai
      169 7 SHANGHAI AFP FOREIGN brokerages in Shanghai are strengthening their research teams, taking advantage of lower costs and good local analysts as they position themselves for the market's take-off, analysts said yesterday. Just two years ago, most research on Chinese companies was done in
      AFP  -  169 words
    • Article
      Lock icon May consumer price index up 8.9% from a year earlier
      113 7 BEIJING Bloomberg Business News CHINA'S consumer price index rose 8.9 per cent in May from a year earlier, the State Statistics Bureau said. This compares with April's year-on-year rise of 9.7 per cent. Consumer prices in 35 major cities were
      Bloomberg Business News  -  113 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      124 7 1111 L V* -r\\N 1 A. V \> wruoo Epson's new EMP 3300 is one of the smallest most powerful multi-media LCD projectors ever as multi-media LCD projectors there is. much as 40% brighter than conventional machines. It's also extremely light just 7.7 kg, so you can And it's a
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      Page 7 Advertisements Column 2
      637 7 SPINK SINGAPORE AUCTION 1996 COINS, MEDALS AND BANKNOTES w A Straits Settlement $1,000. 8 December 1933. Serial No. B/3 ***** Over 800 lots of coins, banknotes and medals from the Straits Settlements and the Paciftc Rim. Auction of Special Number Singapore Banknotes offered on behalf of The Board of Commissioners
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  • Page 8 Advertisements
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      46 8 the net lets you visit thousands of places around the world. Why visit the net from only one place? 1 1 I I I I r i a "ry^ Cyber h'S internet ■jJjfjWJlffljlffljffjnWffllirffEiM CV B E R GE N E RAT I O N S AHEAD
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  • ASIA
    • ASIA Notes
      • Article
        Lock icon Indian electronics exports surge 55%
        53 9 AFP (NEW DELHI] Indian exports of electronics and computer software jumped 96 percent year-on-year to US$1.9 billion (SH67 billion) in the fiscal year to March 30,1996, officials said yesterday. North America accounted for 41 per cent of the exports while sales in South-east Asia totalled
        AFP  -  53 words
      • Article
        Lock icon North Korean economy shrinks yet again
        54 9 Reuter [SEOUL] North Korea's economy, hit by chronic food and energy shortages, shrank for the sixth year in a row in 1966, South Korea's central bank said yesterday. Gross domestic product fbll a real 4.6 per cent in calendar 1996, following a 1.8 per
        Reuter  -  54 words
      • Article
        Lock icon South Korean income gap widens
        81 9 AFP [SEOUL] Rich South Koreans are getting richer but the poor are getting poorer, according to a private think-tank study of household incomes released here yesterday. Average household annual incomes rose by 18.5 per cent between January 1994 and December 1996, but while the upper
        AFP  -  81 words
      • Article
        Lock icon Indian cyclone peters out
        32 9 Reuter [HYDERABAD, India) A tropical cyclone which killed more than 120 people in southern India and caused millions of dollars in damage has petered out, authorities said ysstsrday.—Reuter
        Reuter  -  32 words
    • Article
      Lock icon Offices of mortgage loan company raided
      293 9 TOKYO Reuter JAPANESE police raided the offices of one of the failed mortgage companies at the centre of a bad debt scandal yesterday on suspicion of making unlawful loans, Japanese media reported. The reported raid on the offices of the Nippon Housing Loan Co
      Reuter  -  293 words
    • Article, Illustration
      Lock icon Aussie premier defends gun ban
      193 9 CANBERRA Reuter AUSTRALIAN Prime Minister John Howard, who apparently wore a bullet-proof vest while addressing a hostile rally of gun-owners at the weekend, vowed yesterday to continue touring rural areas to defend his proposed gun ban. "I understand the depths of their feeling and I
      Reuter; AFP  -  193 words
    • Article
      Lock icon Japan's trade surplus down
      301 9 TOKYO Gap with US down 40%; economists say pace of fall may ease off later this year Reuter JAPAN'S contentious trade surplus shrank by a hefty 60 per cent in May as Japanese consumers kept snapping up cheaper imported goods, but economists said the pace of
      Reuter  -  301 words
    • Article
      Japan reveals plans for forex deregulation
      371 9  -  ■TOKYO Banks' monopoly on forex deals will also end in move to increase efficiency By Anthony Rowley JAPAN'S Ministry of Finance last night announced plans for a substantial deregulation of foreign exchange transactions which officials said would mark the end of the outdated principle
      371 words
    • Article
      Lock icon Gowda govt to limit fiscal deficit to 4% of GDP
      343 9 NEW DELHI It also wins if large lay-offs of redundant government workers AFP THE new government of Prime Minister H D Deve Gowda yesterday unveiled policies aimed at limiting the fiscal deficit to 4 per cent of the gross domestic
      AFP  -  343 words
    • Article
      Lock icon UK companies target Taiwan, South Korea
      122 9 ■SYDNEY AFP TWO British firms based in Australia will launch for the first time a trade mission targeting markets in Taiwan and South Korea in September, British Consulate-General Philip Morrice said yesterday. The mission, timed to coincide with a major Australian trade promotion in
      AFP  -  122 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      55 9 Tung Centre 2,333 sf-9/684.12 sf Parkway Parade 925.31 sf/1,592.48 sf Parkway Parade 15,537.44 sf(enbloc) A-Z Building 1,991 sf/3,982 sf/6,243 sf 174 Paya Lebar Road Built-up area: 14,477.58 sf Lucky Plaza #02-00/474 sf First Capital Property Management Pte Ltd sr ißr (A member of First Capital Corporation Group) Tel: 437 6817/437
      55 words
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      Page 9 Advertisements Column 2
      124 9 A DaguM Batter Than Any Other IVISIVI international JRSr Maastricht School of Management Get the edge with State-of-the-art curriculum Global Networking International Outlook Global Study Mobility Free ticket and accommodation in Netherlands Multicultural environment Enhanced career prospects MBA tfSSSff Also specializes in the following MBAs: General k Strategic Management International
      124 words
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      Page 9 Advertisements Column 3
      17 9 I I Cathay Pacific Servic* turn JuK 1. Duty flights commrncc September 1. All flighn ru Vancouver.
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  • FOCUS: RUSSIANS GO TO THE POLLS
    • Article, Illustration
      Lock icon Democracy, not the economy, is at stake
      1041 10  -  Yeltsin and Zyuganov offer almost identical solutions to economic woes Reports by Prem Shankar Jha [MOSCOW] BORIS Yeltsin may have been only marginally ahead of his main opponent Gennady Zyuganov, leader of the Communist Party, in the Russian elections on Sunday, but the
      REUTER  -  1,041 words
    • Article
      Capitalism gone wrong
      740 10 [MOSCOW] Inflation has impoverished many Russians. It has also enriched a few immensely. In Russia today, barely 3 per cent of the population falls into the latter category. The steep fall in both the domestic and external value of the rouble created a veritable profiteers' paradise for
      740 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1546 10 LIAN HUAT HANG FINANCE LIMITED (Incorporated in the Republic of Singapore) BALANCE SHEET AS AT 31 ST DECEMBER 1995 4 F d Amt Net Book Cost Doprodelion Value tor ttw Note 1999 1994 1995 ft Furniture and equipment 81.550 67,137 14,413 14,455 Flxad Meats 4 23,497 46,976 Computer equipment 24.285
      1,546 words
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Foreign chips take 30% of Japan market
        94 11 Bloomberg Business News [WASHINGTON] Foreign semiconductor manufacturers secured more than 30 per cent of Japan's lucrative computer chip market in the last quarter, US trade officials said. From the fourth quarter of 1995 to the first quarter of 1996, the foreign share of
        Bloomberg Business News  -  94 words
      • Article, Illustration
        Lock icon Netanyahu clinches majority
        75 11 AFP (JERUSALEM] Prime Minister-elect Benjamin Netanyahu (left) bursts into laughter while standing alongside Prime Minister Shimon Peres at the last official function of the previous Israeli parliament yesterday. Mr Netanyahu has clinched a majority in the parliament elected on May 29, building a coalition grouping his right-wing
        AFP  -  75 words
      • Article
        Lock icon Downward revision of UK GDP expected
        94 11 Reuter [LONDON] Britain's finance minister Kenneth Clarke looks set to substantially revise his 1996 growth forecast down to help justify both recent rate cuts and expected tax handouts, analysts said yesterday. They believe the Chancellor of the Exchequer will revise his estimate for this
        Reuter  -  94 words
      • Article
        Lock icon Deal on debt relief soon: IMF head
        66 11 Reuter [PARIS] IMF Managing Director Michel Camdessus said yesterday he was optimistic there would be a global accord soon on providing debt relief for the world's poorest nations. Asked by reporters whether he thought this accord could be reached at a Group of
        Reuter  -  66 words
    • Article
      Lock icon Yeltsin heads for narrow win
      479 11 MOSCOW Second-ronnd ballot will be needed; wooing of Lebed may hold key to victory Reuter PRESIDENT Boris Yeltsin headed for a narrow firstround victory yesterday over his communist rival in the Russian election and the two men immediately sought to forge political deals to win
      Reuter  -  479 words
    • Article
      Lock icon US manufacturers' profits up at start of 1996
      353 11 WASHINGTON Profits rose 5.8 US cents for each dollar of sales Reuter, Bloomberg Business News PROFITS of US manufacturing companies rose strongly at the beginning of 1996 after a weak finish in the closing quarter of 1995, the Commerce Department said yesterday.
      Reuter,; Bloomberg Business News  -  353 words
    • Article
      Lock icon Reduce rules to help spur growth: Buba
      197 11 FRANKFURT Bloomberg Business News THE Bundesbank said the German economy is still struggling and called on the government to reduce a thicket of regulations that strangle growth and have pushed unemployment to double digits. Discarding its trademark optimism, the central bank said the
      Bloomberg Business News  -  197 words
    • Article
      Lock icon Swiss to get tougher laws against money laundering
      222 11 BERNE Reuter THE Swiss cabinet yesterday approved a draft law cracking down on money laundering, including a controversial provision requiring financial managers to report suspicious transactions. The Federal Council, or cabinet, recommended parliament adopt the legislation that would force all money managers
      Reuter  -  222 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      89 11 riliw i i 'A" v > i It'll instantly project what's on your computer to an room people: With all the You can even from a one makes than In Our are even made them choose every you plug an In you can l vw delivers a big impact. Get
      89 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Rushing to get on the inside track
      727 12  -  nasoTTou OPINION By Ong Wee Hock The writer wasjbrma'ly with the Economic Development Board and general manager qfCSA Holdings APART FROM property, getting an inside track for their children is a preoccupation which drives many Singaporean families. The principal means to accomplish this
      727 words
    • Article
      IN OTHER WORDS
      117 12 'Bakun is like an onion, there are many layers to peeL' Aa aiaftif k Ekraa commenting on the start up to the giant dam project in Sarawak. If s OK to have a company fail, and to start again. At least it is in the Silicon Valley.'
      117 words
    • Article
      Developing the right spirit
      643 12 EDITORIAL IN almost perfect timing, Prime Minister Goh Chok Tongand Senior Minister Lee Kuan Yew, within hours of each other, exhorted Singaporeans to become adventurous. Mr Lee, speaking in Singapore at a Press Club talk, urged Singaporeans on to chase that pot of gold at the
      643 words
    • Article, Illustration
      Signs point to a thaw
      985 12  -  New regime in Canberra and KL's development plans have helped to ease tensions By Peter Lynch The writer is a Sydney-based journalist who contributes to BT THERE WERE no concessions on Australia's bid to attend the Asia-Europe summit. Nor on a long-awaited As 3 billion
      985 words
    • Article
      WHAT THE OTHERS SAY
      409 12 WE see the ads in The New York Times. Ralph Lauren uses a black male model. Vogue puts a black woman on its cover every now and then. The judge in Primal Fear is Alfre Woodard, a talented actress who happens to be black. To judge
      409 words
  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Chechnya film wins Yeltsin over
      710 13  -  Movie about his disastrous military campaign won 2 Cannes prizes this year, reports anus bird CHRIS BIRD Reuter THE days have long gone when Russian culture was at the mercy of the censor, but Sergei Bodrov was understandably nervous when President Boris Yeltsin demanded to
      Reuter  -  710 words
    • Article, Illustration
      Lock icon Jim Carrey wants to get serious
      566 13 PROFILE Reuter [HOLLYWOOD] Believe it or not, being Hollywood's US$2O million (SS2B million) Man has its downside. Just ask Jim Carrey, who in just over two years has gone from little-known rubberfaced comedian to one of the movie industry's highest-paid, top-grossing stars. Carrey, who
      Reuter  -  566 words
    • Article, Illustration
      Lock icon Prosecution blundered: book
      481 13  -  PEOPLE By\ Matt Spetalnick Reuter (LOS ANGELES] Two years after OJ Simpson's arrest, new questions are being raised about whether prosecutors botched the murder case against him. At the centre of the debate are two books offering radically different theories of what led jurors to acquit Simpson
      Reuter  -  481 words
    • Article, Illustration
      Which team still has the Cup in sight?
      633 14  -  SOCCER By\ Shahiron Sahari [SINGAPORE] Denmark, which played in, and subsequently won, the last European championships in 1992 only because Yugoslavia were expelled, were effectively knocked out of this year's event after being dismantled 3-0 by Croatia, which, until it gained independence
      633 words
    • Article, Illustration
      Lock icon Bull run in the NBA finals
      776 14 BASKETBALL The Chicago Bulls beat the Seattle SaperSooics 87-75 in Sunday night's finals AP (CHICAGO! They are, at the very least, the greatest team of this season, and that's worth something. The chance to hoist the championship trophy. The right to stink up your
      AP  -  776 words
    • Article, Illustration
      Lock icon Steve Jones takes the US Open title
      544 14 GOLF by the friend he defeated liehman LAT-WP [BLOOMFIELD HILLS, Michigan] No US Open champion has ever needed as much help as Steve Jones did on Sunday at Oakland Hills Country Club. The little-known 37-year-old journeyman was aided to his stunning one-shot victory
      LAT-WP  -  544 words
  • Page 13 Advertisements
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      31 13 DOOMESBURY By Gary Trudeau UHAn 7HEQBAR BCt.SAVHBUO TO 'W w« rrsANexm wmnKmnmet [eewu]/tww\ usee J PLACe. MMVVV6HT U KC.COUNBL.teSB*B> S LttS? A H6HTUN-1 TUS\ <xo&e> Sn« mow us out at hk-
      31 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      74 14 CkihukHMt Restaurant presents unlimited servings of Sichuan delicacies, prepared a-laminute. Select ICklKfluMMt from over 60 varieties csosimmi) iu*< »«■«<* for hatch and dhmer. IWu sill, mi| 111 IWSIS Td T1T1««S Fl: TJWI mtlM MOTtL SMUKW IMIaMJMaMiCIOI Act now I j before we J run out I of Space I For
      74 words
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      Page 14 Advertisements Column 2
      132 14 *fl3fc^®%r—ta HB^. SERVINGS UNLIMITED! HELP YOURSELF TO £?I4 yime Goodie*... Such as meat dumpling IM cktmg). mini dumpling ptfiik, deep-iried spring roil. steamed yam bun. steamed minced pock shallot cake, sweet peanut soup, sweet red bean soup. baked peanut pastry, mee teh, ang ku kueh. huat kadi, etc... Enjoy as
      132 words
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      Page 14 Advertisements Column 3
      74 14 50 Market Sm-et. #01 -05 Golden Shoe Carparic. Singapore *****0. Inside Summer Gate Restaurant Wmr mquhigi. ptm»t aril mi mt3365W Iflt surims, we haoe it I If) Rt Seafood ft +7" V International, OFF Jf uie serve you for Lunch oriv* the way you want it to be. Wtdn** P—rH*J»
      74 words
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      Page 14 Advertisements Column 4
      48 14 ACCOUNTS DEPT: NO MORE EXTRA WORK SAY YES TO REAL-TIME Tell your boss you are tired of working long hours. Tired of struggling with batch processing software. You have to move to FACT Real-Time Business Accounting Software. WorldWideWtb http://www.fact.com.sg INSTANT E-mail info fact.com.sfl ACCOUNTING Toll Frt« 1800-*****32 POWER
      48 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      443 15 Where to wine, dine and entertain Just as they said mmmmmtn marvellous, fantastic and 11 none comparable. you haven 7 tasted Seafood you haven't tasted the rea/ seafood. Mks mmmrnmrn i W£r urn Kmbtrty Irn l Hh, long beach marina SEAFOOD RESTAURANT r J Open Daily: 5.00 pm 1.30 am
      443 words
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      Page 15 Advertisements Column 2
      170 15 ving you the winning edge I MORE THAN JUST I I seafood! I Besides live petfood, 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. i SIRSfI IRR seafood restaurant 920 East Coast Parkway,
      170 words
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      Page 15 Advertisements Column 3
      104 15 The Mezzanine. It's the ideal place for yon to (it back and unload. Then unwind over your favoMhte drink to the cool, unplugged rhythm of our resident band We're expecting you. Happy Hour* a Finger Snacks: spm to Spin. Cocktails a Entertainment: Bpm to lam (weekdays) •pm to 3am (weekends)
      104 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      632 15 TV&RADIO saws* kh32U» naTs SeatUe Su U o Z Ues day Premiere 12™ Tamil SeithW !< ri mo! Howling V (See Our CM Berita 12. J Bullsrr) Chicago Choice). &30 HMI. 8.00 "close 12M AMVidz. Selekta Klip. A LOO PM The Winners. 1-50 Color o,<r 10 *°0 Mahagura. CM Tvlnnovations.
      632 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      165 15 CKVPTIU CROSSWORD 1 Group watched a mechanical cutlogians (10) 26 Limited space for a large stove (5) 25 I I ment (7) 1 Get suit (6) l 3 i n disagreement about offensive YESTERDAY'S SOUnWHf 2 Can I analyse one new vitamin? language (23,5) 15 Attempt to impound every sover-
      165 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      Course for thought
      1766 16  -  The A'Famosa course is one with lots of character and challenges just the thing for the thinking golfer, says juuklaus d'cruz NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review THE A'Famosa course in Alor Gajah, Malacca, has personality piling on plenty of character and
      1,766 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      212 16 A Mercedes-Benz doesn't cost the Earth. Think of Mercedes-Benz you immediately The catalytic converter in cars takes about of quality, performance three minutes to warm up do its property. What know we pay just as We have made our catalytic converters down Way before pollution a the became fashionable as
      212 words
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  • COMPANIES & MARKETS
    • Article
      Rabobank keen on broking licence
      553 17  -  ttgtch financial giant plan* U triple size of ftp gtochhroMng operations in Asia By\ Conrad Raj [SINGAPORE] Rabobank, one of die largest financial institutions in the Netherlands, is keen to obtain a stockbroking Ucmce in Singapore as part of its ylans to triple the size
      553 words
    • Article
      CPL buys River Valley plot for $75.7m
      250 17 [SINGAPORE] Centrepoint Properties Ltd (CPL) yesterday said it has bought a freehold land parcel in the River Valley area for $75.7 million. The news comes just four days after it announced a $157 million purchase of a Hillview Avenue site. CPL will be
      250 words
    • Article, Illustration
      Lock icon CPL hopes to treble rental income with new projects
      403 17  -  By\ Lee Han Shih [SINGAPORE] Centrepoint Properties Ltd hopes to generate up to $100 million in gross rental income from half a dozen projects under construction, its executive director Garry Darwin indicated yesterday. This huge sum would roughly treble CPL's rental
      ARTHUR LEE  -  403 words
    • Article
      Expect good fight from SingTel
      660 17  -  HOCK LOCK SIEW Genevieve Cua POR a company facing the prospect of losing all its monopoly rights in the year 2000, seven years ahead of schedule, Singapore Telecom and its shareholders are remarkably unperturbed. One reason for their equanimity could be that the news, while
      660 words
    • Article
      Comfort shares hit new high on plan to extend taxi lifespan
      285 17  -  By Christopher Tan [SINGAPORE] A surprise statement by the Communications Minister over the weekend that the life of taxis may be extended sparked a rally in the shares of the Comfort Group yesterday. The counter closed at a historical
      285 words
    • Article
      Sukamto raises Amcol stake further to 14.12%
      254 17 He buys another parcel of one million shares at $&83 each [SINGAPORE] Sukamto Sia, already Amcol Holdings' second largest shareholder, has increased his stake in the company by buying another million shares at $3.83 each. The former Transmarco chairman, who is battling Amcol
      254 words
    • REGIONAL COMPANIES
      • Article
        Time Engineering emerging as Telekom's rival for Sapura unit
        376 18  -  Renong company said to have approached Sapura Telecoms' parent last week From', Ho Kay Tat in Kuala Lumpur TIME Engineering Bhd has emerged as another suitor for Sapura Telecommunications Bhd (STB) which Telekom Malaysia Bhd is already negotiating to buy. Sources
        376 words
      • Article
        Intraco wins $58m power cable contract
        169 18 ;:It outbid 10 firms •for Power Grid deal Diversified group Intraco said yesterday it has secured a $58 contract to supply and install high-voltage power cabbies in Singapore. 5* Intraco outbid 10 international companies to land the from Power Grid, a subsidiary of state
        169 words
      • Article
        Lock icon MAS denies plans to seek listing on London Stock Exchange
        165 18 Bloomberg Business News, Knight-Ridder [KUALA LUMPUR] Malaysian Airline System Bhd yesterday denied a newspaper report that it planned to sell shares on the London Stock Exchange. Malaysia's dominant air carrier said in a two-para-graph statement that "it is not seeking
        Bloomberg Business News,; Knight-Ridder  -  165 words
      • Article, Illustration
        Lock icon New Thai blue chip index stirs little interest
        409 18 Analysts voice reservations about some stocks Reuter [BANGKOK] Thailand's new SET-50 Index made a quiet debut yesterday amid weak overall market sentiment and reservations about some banks, finance and property firms included in the blue chip indicator. The new benchmark index shed
        Reuter  -  409 words
      • Article
        Lock icon Kontena Nasional to seek listing on KLSE
        193 18 NST [KUALA LUMPUR] Kontena Nasional Bhd, which converted into a public limited company early this year, is going a step further by seeking a listing on the Kuala Lumpur Stock Exchange. Kontena Nasional directors are evaluating ways to float the company so it
        NST  -  193 words
      • Article
        Lock icon Telekom: We didn't make official statement on Sapura
        167 18 Bernama [KUALA LUMPUR] Telekom Malaysia Bhd said yesterday it will make an appropriate announcement when it completes its talks on the acquisition of other cellular telephone operators. The company was queried by the Kuala Lumpur Stock Exchange (KLSE) over reports that the
        Bernama  -  167 words
      • Article
        Lock icon PLDT eyes joint venture with Smart
        207 18 Bloomberg Business News [MANILA] Philippine Long Distance Telephone Co said it plans to begin talks with Smart Communications Inc on a possible joint venture to install phone services within the Fort Bonifacio development project. "We are open to a possible joint venture development of
        Bloomberg Business News  -  207 words
      • Article
        Lock icon Morgan Stanley, Nationalist Parly plan NT$3b stock fund
        348 18 Fond will in vest in Taiwan's stock market, says report Reuter [TAIPEI] Morgan Stanley and Taiwan's ruling Nationalist Party planned to set up a NT$3 billion (***** million) fund to invest in the island's stock market, local newspapers reported yesterday. The Nationalist's
        Reuter  -  348 words
      • COMPANY Briefs
        • Article
          Creative launches Internet product
          75 18 [SINGAPORE] Creative Technology yeeterday launched its first all-in-one Internet product—the Internet Blaster 33.6 PnP.just days after Creative chairman Sim Wong Hoo announced the company's new Internet strategy. The product incorporates a 38.6 kbpe/V.34 modem as well as software which allows users to surf the World Wide
          75 words
        • Article
          High & Low en bonus issue plan
          77 18 High Low en bonus issue plan [KUALA LUMPUR] Plantation company Highlands A Lowlands Bhd (High A Low) hopee to make a bonus issue at the same time as its expansion programme, said chairman Abdul Khalid Ibrahim yeeterday. The equities issue will further enhance the group's growth, he said in reply
          77 words
        • Article
          Lock icon MHS to sell part of its Airod stake
          69 18 Bernama (LANGKAWI) Malaysia H«Uoopter Sarvtcw (MHS) will bt selling a portion of its shares in AirodSdn Bhd to enable more partiee to get involved in the aviation sector, an airline Industry source said. Negotiations on the dsal are still going on and
          Bernama  -  69 words
        • Article
          Lock icon UEM,Goodyear to sell joint venture
          65 18 Bernama [KUALA LUMPUR] United Engineers (Malaysia) Bhd (UEM) and its Joint venture partner, Goodyear (Malaysia) Bhd, have agreed to sell United Tread B<bi Bhd (UTSB) to Sin Hua Tyres Retreading Sdn Bhd. The buyer will pay MSIO.OOO (515,643) for United Tread's paid-up capital of 2.5
          Bernama  -  65 words
        • Article
          Lock icon Dairy Farm appoints finance director
          52 18 Reuter [LONDON] Dairy Farm International Holding# pic said on Monday that Edouard Kttedgui would be the group's new a finance director. Mr Ettedguiwilljoin the Dairy Farm board on Aug 5. He is currently buslnees development director of British American Tobacco Holdings, a subsidiary of BAT
          Reuter  -  52 words
      • Article
        Zagro Asia debuts at 25% premium
        245 18 [SINGAPORE] Latest newcomer to the market Zagro Asia made a good debut yesterday, closing at 64 cents, 13 cents or 25 per cent more than its offer price of 51 cents. The stock also topped the actives list with a volume of 12.9 million
        245 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon ING Barings hit hard by mass exodus
        407 19 Rivals eyeing Asian emerging markets team after Latin American defections Bloomberg Business News [LONDON] ING Barings faces a crisis in its international equities business, 16 months after the Dutch bank ING Groep NV bought the assets of the failed Barings pic to create
        Bloomberg Business News  -  407 words
      • Article, Illustration
        Tag Heuer plans to go public in 2-3 years' time
        383 19  -  By I Corinne Kerk [SINGAPORE] Tag Heuer, the fifth largest Swiss watchmaker, is planning to list on either the New York or London stock exchange in two to three years' time. Tag Heuer chief executive officer Christian Viros told BT
        383 words
      • COMPANY Briefs
        • Article
          Lock icon Chief of Deutsche Telekom board quitting
          83 19 Bloomberg Business News [BONN] Deutsche Telekom AG yesterday confirmed that the chairman of its supervisory board, Rolf-Dieter Leister, will resign effective July 1 in order to concentrate on his management consulting business. Mr Leister said he thought it was better to resign now rather
          Bloomberg Business News  -  83 words
        • Article
          Lock icon ABB's share of Bakun project is US$2.5b
          64 19 Bloomberg Business News (ZURICH] Asea Brown Boveri yesterday said its share of a US$5 billion (Ss7 billion) contract for the Bakun dam project in Malaysia will be worth "at least" U592.5 billion, the biggest ever contract for the Swiss-Swedish engineering company. The previous
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Lufthansa's performance below target
          76 19 Reuter, Bloomberg Business News (FRANKFURT] German airline Deutsche Lufthansa AG yesterday said its transport figures and business performance were below target in the year to date. It was responding to a report in Sueddeutsche Zeitung which said the airline faces a "crisis" as air fares continue
          Reuter,; Bloomberg Business News  -  76 words
        • Article
          Lock icon Ministry to sell Japan Tobacco shares
          62 19 Bloomberg Business News (TOKYO] The Ministry of Finance yesterday said it will sell 272,390 shares of Japan Tobacco Inc at 815,000 yen (5510,513) apiece. Of the total, 35,000 shares will be sold abroad. Investors can buy domestic shares at brokerages today and tomorrow, the
          Bloomberg Business News  -  62 words
      • Article
        Lock icon Seoul to allow wholly foreign-owned banks
        251 19 AFP [SEOUL] South Korea announced a package of financial market opening measures yesterday, including the green-light for foreign banks and securities houses to set up subsidiaries here from December 1998. The Ministry of Finance and Economy (MFE) also said it would further liberalise the
        AFP  -  251 words
      • Article
        Lock icon Disney to cut film output by half
        284 19 Market glut, uneven track record cited as reasons for move NYT [HOLLYWOOD] Facing a glut of movies in an increasingly competitive marketplace and an uneven track record, the Walt Disney Co is planning to reduce its output of films by half and trim
        NYT  -  284 words
    • CORPORATE FOCUS: HONGKONGBANK
      • Article, Illustration
        Lock icon HSBC truly lives up to its name
        1631 21  -  After a year of record earnings, group chairman William Purves is pleased with what he surveys By < Catherine Ong [SINGAPORE] THE year 1995 was one in which the HSBC group truly lived up to its Cantonese name, Wayfoong, which means "abundance of
        ERIC CHU  -  1,631 words
    • FINANCE & COMMODITIES
      • Article
        DBS tie-up wins fund licence
        437 22  -  S*pire bank* making 4ntkar inroad* into Tkai financial S6rvic6B teeter Loh Hui Yin *■in Bangkok SINGAPORE banks are making further inroads into Thailand's financial services sec|kr. DBS Bank is a member of a Thai Military Bank-led consortium that has just been a mutual fond management
        437 words
      • Article
        Lock icon BOC won't seek special treatment in post-1997 HK
        212 22 Bank promises HK Hmdftl institutions jmtbrepUced AFP [HONGKONG] The Bank of China will not seek special "privileges in Hongkong after fte British territory reverts to dhinese rule in July 1997, a bank official was quoted as saying yesterday. Yang ZUin, head of
        AFP  -  212 words
      • Article
        Lock icon Former CSFB vice-chairman joins BZW
        186 22 Bloomberg Business News %E W YORK] Robert Diamond yjjr, former vice-chairman and head of fixed income at CS JBrst Boston Inc, has been named chief executive of the global markets division at gjßurclays pic's BZW investment banking unit. Mr Diamond, 44, will re"place Sam Marrone,
        Bloomberg Business News  -  186 words
      • Article
        Lock icon Mercantile Mutual makes A$98m bid for Pacific Mutual
        273 22 Bloomberg Business News [SYDNEY] Mercantile Mutual, an Australian insurance and funds management company controlled by ING Bank of the Netherlands, said it has made a As9B million (*****.54 million) agreed takeover bid for investment management and life insurance company Pacific Mutual Australia
        Bloomberg Business News  -  273 words
      • Article
        Lock icon Euroyen fails to clear resistance
        226 22 SOKELReport Reuter [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures ended firmer but short of resistance levels in thin trade yesterday. Dealers said a lack of fresh incentives and anticipation of Japan's first-quarter gross domestic product data due today, kept many players in the
        Reuter  -  226 words
      • Article
        Lock icon CURRENCY REPORT
        158 22 AFP, Reuter PRESIDENT Boris Yeltsin's slim lead in the first stage of the Russian election battle conspired with growing market doubts about interest rates to undermine the dollar yesterday. The German mark was boosted against the dollar by news of Mr Yeltsin's narrow lead over communist challenger Gennady
        AFP,; Reuter  -  158 words
      • Article
        Lock icon Oil prices up as Iraq-UN tension triggers buying
        294 22 ENERGY REPORT Reuter [LONDON] Oil prices jumped sharply higher yesterday as an unexpected wave of buying from the United States hit sleepy European markets. Prices were lifted nearly US$l.OO a barrel soon after lunch in Europe before easing back slightly. August Brent
        Reuter  -  294 words
      • Article, Illustration
        Untitled
        1106 22 DrTHRBAMKCUmKHirCTRATBj 4pm,Juni7 M<wi$ AfriMtW$ AfriMtVtS .5=2=52 22= 2!!— St/VSt to 0*4 unit ofktnign evrmep: S$/VS$ to 100 wtlta otfarrign nmm: 1 Jjj UNO IMS 0.79B 0.7917 FtWcftfrnc 77 2004 17JOI 19Jt» I9JMB 1 fl'Hi mil UM UW 0.7327 0.7329 III »lli| lifc 10.10 *20 12.902 *****9 1 ccv a«r L7sw
        1,106 words
    • Article
      COMMODITY PRICES
      1255 23 a~ ft*. iwtt m im m mm mm* MM 20*75 209.75 *****5 SO MO AHf* 204.50 1950 55 200.50 2425 MAKM 200.50 199.00 199.00 075 H2S0 M/M*97 199.75 190.00 *****0 300 3075 *rhm9t MM 900 900 ISSSCONTUCT VMM OpM Mwtt m lm m 9mm» toUrart MM 147.00 145.50
      1,255 words
    • Article
      WORLD STOCK MARKETS
      1893 23 tOHPOtt tmtl Hm *fA.A.CorpAdr 63 unch ASParts 291 7 AMoy National 550 1 AIM Lyon* 471 unch Amac 1101/2 -1/2 ArgyB M7 -4 Asda Group 1191/2 -1/2 BATInd 5111/4 41/4 •CC 32* -1 BOC Croup 942 BR PotroMum SS9 -4.670 BTR 264 1330 Ban* 0< Scotland 245
      1,893 words
    • Article
      Lock icon TOKYO
      1571 23 Bloomberg Business News Nikkei 226 44JM STOCKS fell, as shares of Sumitomo Corp tumbled 16 per cent after the trading company said one of its employees racked up US$l.B billion (552.52 billion) in losses from unauthorised trading in the copper market. The Nikkei 225 retreated from a 53-month high
      Bloomberg Business News  -  1,571 words
    • Article, Illustration
      Lock icon JAKARTA
      663 24 AFP BftmpMtaMn -H3 SHARE prices closed 0.3 per ctnl lower yesterday during laiclUustre trade in which most investors were inactive* dealers said. y *It was mainly just locals betting on a continuation of *y's recovery. So it had to off in the afternoon," a djpaler with a European brokerage
      AFP  -  663 words
    • Article, Illustration
      Lock icon BANGKOK
      783 24 AFP QSEThdex -156 SHARE prices on the Thai bourse fell 0.2 per cent yesterday in thin trade owing to political and financial uncertainty and the closure of the Hongkong market for a holiday, dealers said. "Volume was low with the Hongkong market closed and all recent factors quite negative,"
      AFP  -  783 words
    • Article
      Lock icon MANILA
      318 24 AFP Q Manila HM PHILIPPINE share prices closed 0.1 per cent higher as uncertainty over overseas interest rates scared off foreign investors, analysts said. The Philippine Stock Exchange Composite Index rose 4.24 points to close at 3,170.56 points. Turnover volume fell 33.2 per cent from the previous trading session
      AFP  -  318 words
    • Article
      Lock icon SEOUL
      386 24 AFP DOwpdateMg -3JH PRICES closed 0.4 per cent lower on the Korea Stock exchange yesterday, with investors remaining on the sidelines amid an uncertain market outlook, dealers said. "The market is expected to stay in the doldrums for some time with no stimulus seen in the near future," said
      AFP  -  386 words
    • Article
      Lock icon SYDNEY
      553 24 AFP DMOrttMriM -8.7 SHARES closed 0.4 per cent lower yesterday after falling copper and other metal prices left the resources sector softer, brokers said. The key All Ordinaries Index fell 8.7 points to finish at 2,207.5. The All Resources Index finished 19.2 points lower at 1,404.1, while the All
      AFP  -  553 words
    • Article
      Lock icon WELLINGTON
      271 24 Bloomberg Business News PWcOmgtoß +14.27 THE NZSE-40 Index rose for a second day. The index gained 14.27 points, or 0.69 per cent, to 2,072.17 points. Within the index, decliners outnumbered advancers 19 to 16. Bloom- *»w B» *h rmm AMZ Banking 6-57 0.02 6100 Atfvan|HM HMgs 1.55 unch *****0
      Bloomberg Business News  -  271 words
    • Article
      Lock icon CHINA
      272 24 Reuter. Bloomberg Business News, AFP Share iaicr ♦LH SHANGHAI'S B Share Index ended sharply up yesterday In active trading, helped by positive market-moving news from Shenzhen, brokers said. The index jumped 1.66 points or 3.28 per cent to 52.24 points, on volume of 23.0 million shares worth US$9.5 million.
      Reuter.; Bloomberg Business News,; AFP  -  272 words
    • Article
      Lock icon TAIPEI
      347 24 AFP HwPMn +11.71 PRICES in Taiwan finished 0.2 per cent higher yesterday amid bullish sentiment among investors, propelled by strengthening cement and petrochemical issues. The market's buying momentum eased but general investor sentiment remained bullish about short-term outlook, said Blair Shu of Core Pacific Securities Corp. The Taiwan Stock
      AFP  -  347 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Telekom dips but market ends mixed
        7171 25 KUALA hvmurumßeports Bloomberg Business News QOmposite bin -M 7 STOCKS were mixed as a rise in Malayan Banking Bhd offset a fall in shares of Telekom Malaysia Bhd, which dropped on concern that the company's purchase of a mobile phone business may hurt earnings.
        Bloomberg Business News  -  7,171 words
    • WARRANTS & OPTIONS
      • Article
        High-risk, high-reward punt
        3593 26  -  WARRANT WATCH By R Sivanithy IN THE past few months, we've highlighted mainly deep-in-the-money warrants in this column. This has largely been because many firms called for rights issues last year when the market was depressed, so the exercise prices of their warrants were set at relatively
        3,593 words
    • Article
      CLOB INTERNATIONAL
      1926 26 Of Or -r.. 1 On LaotQu*4o M* Mv VM Nat HC# ■N* I— >t*» Caaipaay sm COOP) HtpH L— Payor OoOor Cw Pit tmm A ISO 50c 1M 192 M U it U KJ 4011 .W M at S00I AMOOSOc MlSK *5 O0MMM4M4410U544 S2M 220 200 t 1002
      1,926 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        813 words
      • Article
        MAIN BOARD
        4322 27 MM Lm* Doy LutOwti DW 04y YM Nat Cm Am Hfrfc U» two Cim$mt Ut» roow H»g> Low Buyor SaBor CNr P/I %m* nm MMHTimj 5146 ASENTS***** US- 214 1*5 UN AcarSOc US189ca -4 IM 192 188 1M 189 S.ON 7.5 0.9 X7 312.9 4*4 390 ml lOOOAcmaSOc
        4,322 words
      • Article
        SESDAQ
        798 27 Qt Or M Wt 199 »1 tay LaatOmta Ok Oh TN KM Cm Av« 2!£ c cooot nh> l— i»nr or wi »3 »5 SIS0AO 289 228 AORHMfsSC 233 CO O 40 2)3 230 230 234 3.0 142 0.1 MM K)3.4 232 234 132 Atiamatrli SOc 132 102 Ml
        798 words
      • Article, Illustration
        HOT STOCK
        63 28  -  Paul Leo COMFORT GROUP yesterday broke about resistance at $1.37 on a strong volume (fill million sham-14 timet the lfiday average qf 2.1 million units -to end at $1.40, up 4 cents from last Fridays dosing. Average Directional Movement Index shows further upside. However, tile road north will
        63 words
      • Article, Illustration
        Liquidity still a concern as market ends broadly lower
        807 28  -  STOCK MARKET MHMHMTAKY Foreign funds stay on the sidelines as earnings worries and Hongkong market closure contribute to continued lethargy By R Sivanithy [SINGAPORE] THE local Btock market yesterday was unable to shake off the lethargy which had afflicted it for
        807 words
      • OH THE GRAPEVINE
        • Article
          Hey,Zagre!It's all 25
          77 28 ANY believers in numeric coincidences out there? Well, this should be right up your street Believe it (NT not, agri-healthcare company Zagro Asia's recent BPO of 25 million shares garnered a subscription rate 0f25.25 times, and yesterday, on its trading debut, Zagro closed at a 25 per
          77 words
        • Article
          Creative man
          62 28 FOR those who didn't know. Creative Technology chairman Sim WongHooisa financial supporter of playwright Kuo Pao Kun's theatre group. Why? In Mr Sim's younger days, he was a student of Mr Kuo from whom be learnt how to play the harmonica. Little did the teacher realise that it
          62 words
        • Article
          Older cars not appealing to all
          97 28 THE statement yesterday by Communications Minister Mah Bow Tan that the lifespan of taxis might be extended set the motor and car rental traders abuzx. The latter, of course, say the ruling should rightly be extended to rental cars, which are now governed also
          97 words
        • Article
          Property mirage
          59 28 WE know a Singaporean banker in Bangkok who's due to collect the keys to his Singapore apartment by year-end. Given the softening property market, he's wondering if the apartment, at the Mirage along Kim Seng Road, will fetch the rentals he's been counting on. He believes developer City
          59 words
        • Article
          Worth trying on your boss
          82 28 Friday was a working day In the United States, at in moat other countries, but there were hugs crowds at the Oakland Hills course to witnsss the sscond round of the US Opm. Some of them had pretty good alibis. A man who Identified himsslf
          82 words
        • Article
          Fresbie by Thai bank!
          61 28 Bankers in Thailand are apparently Quite free these days, ever since the Thai central bank put a cap on loans growth. There are fewer loan signing ceremonies, and when they are held, expensive pens are no longer given as souvenirs. Junior staff who used to be
          61 words
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      168 17 fIPPIIfINCES+ELECmHICSf ASIA 1996 International trade Fair for Consumer Electronics A Home Appliances 12-15 September 1996 South East Asia, part of the greater Asia Pacific region, ACTION REQUEST FORM AEE/Mt a booming economy and home to a growing population of 321 million. Oyesii am interested in exhibiting at Appliances Electronics Asia
      168 words
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      200 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      200 words
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      Page 18 Advertisements Column 2
      110 18 Office in Singapore Business in Cathay Ideal For One-man-operation Offshore Companies We provide prestigious offices with full bilingual secretarial support for foreign companies. short and long-term leases offices at Battery Road nicely decorated reception area conference and function rooms full-time bilingual secretaries prompt and accurate English-Chinese translation interpreting Chinese-English word-processing,
      110 words
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      238 19 2&m( jjs A. SML 3s?6* v 1 I ■rWßii Mt'lt. W^—l^~ <Wm* %Ki -ffiEL fl H I v i i I il i :^l I I II I V B fl| H H Bgril *1 v Kfr&BSzSZt': I 1 II H I fl 41 I I A A Hk I
      238 words
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      304 20 Introducing the Acer Altos 300 the Little Giant. mm T j ie Q rst ste p t0 networking. H With the assurance and reliability of a server giant. Intel Pentium* processor 133 MHz 2GB HDD EDO RAM for f r i_« A „«i faster performance 256K8 Pipeline Burst Cache, another
      304 words
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      47 21 ifDon't Miss ASIANS Premier Water Technology forum 23-28 June 1996, Suntec Centre, Singapore Please more information —I Attending the Water Quality International Conference Name Position Company Address ■>' Country Tel Fax coupon to ®AI Exhibition* Singapore Pte Ltd. I, Maritime Square, #09 01, World Trade Centre. Singapore 6744
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      Page 21 Advertisements Column 2
      5 21 Surprisingly, our snails never crawl.
      5 words
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      133 22 This announcement appears as a matter of record only June 1996 P.T. HANJAYA MANDALA SAMPOERNA U*****,000,000 SYNDICATED LOAN FACILITY Arrangers Chase Manhattan Asia Limited Credit Suisse Tokyo-Mitsubishi International (Singapore) Ltd. Lead Managers Chase Manhattan (S.E.A.) Limited Credit Suisse The Bank of Tokyo-Mitsubishi, Ltd. Singapore Branch Commerzbank Aktiengesellschaft, Singapore Branch The
      133 words
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      158 24 Save up to 4hrs to the USA via our Detroit hub. The best way to enjoy extra time on the ground ...vW?-- the to fly For save you almost an hour to Singapore .1- U a. a. a. iL 09n' New York and Chicago, shrs to Minneapolis, 4hrs now to
      158 words
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      Page 24 Advertisements Column 2
      27 24 Our 91ft A licfintfc Looking to buy, sell or lease a Ilollllga new or used car? Look wont steer you wrong! ***** on wheels Icatli 1800-737-11 M
      27 words
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      93 25 0 If Only The Rest Of Your <iaPortfolio Could Be So Secure f SAAB 9000 J f j SAAB T&4NS E LPOfOI RS <|~,■.K•I< .I II inj i |i.. i, I '111 'i -I,I,(1 n I iASS II <• -I~2' <• 1 li 1 11 "111 -MII n .11 s<II
      93 words
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      161 26 r > al^li S >> Trade in your old photocopier, any brand, m f ru p to -/+K /-v LfiSHSiL^ BJI .1- I /.I VI I CALL JENNY AT 747 9900 mm 1 J i V* L/ *JL« fIIHH and find out more about our attractive monthly wammmmmmrnmm* g I
      161 words
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      8 27 I I I :£fc. SylU I CELTIC* I
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      141 27 lb: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quickstock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period □12 moat* 6 months H 3 months at 5560.00 at 5540.00 at
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      494 28 BUSINESS XotU (>S '<> \l>\ IKI lv \I I KHI -I Kl I 1 SiH) ~41 I SS < J Business Giving you the winning edge NOTICE Bank of Queensland Limited Series 1 Transferable Loan Certificates ("TLCs") repayable 9 December 1997 In accordance with the provisions of the TLCs, notice
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      Page 28 Advertisements Column 2
      246 28 Singapore Closing Share Prices 17/06/1996 CLOSE PREV LOW HIGH use use use use \\lll/ Jardine Matheaon 7.10 7.15 7.10 7.15 IflfflM Jardine Strategic 3.10 3.15 3.02 3.15 I I Dairy Farm 0.50 0.505 0.50 0.805 Hongkong Land 2.24 2.25 2.23 2.30 ■■■■{■■■I Mandarin Oriental 1.30 KfittUUMßi Jardine Strategic WOB 0.315
      246 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      300 29 Knight-Ridder, Reuter FREIGHT rates in all sectors of the market remained under heavy pressure, brokers said. One broker said that chartering activity was very lively this week, "But there's two to three ships chasing the same cargo." Little chartering was seen in the capesize market There were rumours
      Knight-Ridder,; Reuter  -  300 words
    • Article
      MARITIME STOCKS
      252 29 Jwff *t *t C«rt OtotribuOwt 147 *0.01 7 nww IHplHMfcp.104 MM* M Cmco Invwtmwit _t40 -040 WO reu 7.M *005 390 rrddrtlMs tt7S undt S •HMp uo -aoi o NMS«mN«P LOS *041 sn HilrtHllW am *0409 90 MCNMktfl MK MO m mm uo i Jwrwelwpiwrt 7.70 Midi M
      252 words
    • Article
      Investors sought for A$ 50m sea/land project
      318 29  -  High speed link between Australia and Japan will cot transit time by two weeks From Selva Kumar in Sydney A SOUTH Australian company is looking for investors for a Aslso million (Ssl66 million) project to launch a high speed sea/land link between Australia
      318 words
    • Article, Illustration
      Keppel opens supertanker dock
      164 29 [SINGAPORE] Keppel Shipyard's new $100 million supertanker dock has begun operations. The first vessel to enter the dock, which is located at Keppel's Tuas yard, was Afra-max-sized tanker Petrobulk Mars. This contract came from Thome Shipmanagement. Phoenix Trader, a 271,896 deadweight tonne tanker, was then drydocked
      164 words
    • Article
      Lock icon Estonia report may be delayed again
      170 29 MSAfITBRS AT SEA AFP [STOCKHOLM] A final report on the September 1994 Estonia car ferry disaster may not be finished before the second anniversary of the disaster when the deadline for legal action will expire, according to a member of the international commission. The
      AFP  -  170 words
    • Article
      Lock icon Hopes fade for missing crew of Cypriot ship
      178 29 AFP [SEOUL] Hopes faded late yesterday for 26 seamen aboani a Cyprus-flagged freighter that sank off the southern coast of South Korea as rescuers withdrew from the fog-bound area because of a storm warning, maritime police said. The rescuers started pulling out
      AFP  -  178 words
    • Article
      Lock icon South Korea arrests captain of Danish freighter
      99 29 Reuter [SEOUL] South Korea's maritime police arrested the Danish captain of a cargo vessel on Sunday over a collision involving a local fishing ship, an Inchon Maritime Police officer said. Five South Korean fishermen of the 90-ton trawler were missing after the collision
      Reuter  -  99 words
    • Article
      World's 1st wireless remote control for yard cranes
      191 29 [SINGAPORE] Keppel Automation, ST Electronic Engineering and the Port of Singapore Authority are jointly pioneering the development of the world's first wireless remote control system for yard cranes. According to Keppel group's newsletter, KeppeUte, the local partners hope to develop a prototype
      191 words
    • Article, Illustration
      Lock icon Old roots, new branches
      872 30 SHXPFZWOi NEW GENERATION OF GREEKS PREPARES TO TAKE OVER Many children of Greek shipping magnates are coining into the industry not through the well established route of captaining vessels first but as university graduates armed with impressive credentials Fairplay FIRST the captain, then the owner. This
      Fairplay  -  872 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      277 30 PACE Evergreen 6 ACL n Emprtae 13 am. 3 Famow 7 Able 13 Feedertrons 13 Accord 12 Fl-irigfct 7 ADrmkM 4 FnongSw 12 Anew* 4 FreU 12 Astro 3 FrtVorM 7 Austral (LM 5 Avant t Geniartranj 13 BSA 7 U tilimlntn U
      277 words
    • Article
      SHIPPING GUIDE
      14461 36 EXPORT ETA ETA Advarttsar Vmm< Voyaga Talaphona ETA ETA Advarttsar VraO Voyaga TtMphon* SIN Dasl'n Nama Nama NumOar NumOar SIN Dait'n Nam* Nama Numtwr Numbar a To BINTULU (BTU) 2091 M Sarawak, Malaysia To ABIDJAN (ABJ) 2003 I 21/0* 20/0* M*tii Ship BUNCA DAHUA 5*23 *5-*****7 Ivory Coast,
      14,461 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        489 43 Vwsel Vay Mo Barth Arrival Dapartara ov. JmM T .07/ .07/ 07 J04 HoogsM 17.04/2300 »w**wi *571 J11 jlofKjstO* 17.06/2300 AflAaP 01/96 Jit alongside 19.06/0800 ■4l I** N290 J02 alongside 18.06/2300 MM J 5/96 J01 alongside 17 06/2300 6/96 J01 alongside 18.06/0600 4/96 J01 alongside 17 06/1600 MtW*
        489 words
      • Article
        CONTAINER SCHEDULES
        1725 43 RECEIYIWC OF EXPORT Fa CONTAINERS AND LCL CARGO toofctaf/Miact tstts SMp Voy No Etb/fttr NrM From T* From tajut mI rvmo a rrnroo b/om MM i a/om a/»* anoo 4 b/bm b/mm a/im laik mi warn i 17/aao b/bm »/bm i7i$oo wnm nmoo a iT/troo b/om a/mo i
        1,725 words
      • Article
        COCKETT BUNKER MARKET REPORT
        859 43 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
        859 words
      • Article
        GLOBAL HOLIDAY
        471 43 JUNE 20 Hongkong: Tuen Ng Festival. Taiwan: Dragon Boat Festival. JUNB2I Finland: Midsummer's Eve. JUKE 34 Argentina: Flag Day. Canada: Market and public holiday Quebec only, St Jean Baptiste Day. Luxembourg: National Day. Portugal: Market holiday only in Oporto, Saint Peter. Spain: Market and public holiday in Catalonia,
        471 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Rolls-Royce gets US$3b deals for Trent engines
        367 44  -  S-E Asian carriers made iip bulk of orders for Trent engines to power 137 planes By] Rahita Elias {SINGAPORE] Rolls-Royce of the United Kingdom has received US$3 billion (554.2 billion) worth of orders for its Trent 800 engine from Southeast Asian airlines. In
        367 words
      • Article
        SIA signs £1.2b Trent order
        281 44 [SINGAPORE] Singapore Airlines (SIA) yesterday signed a £1.2 billion (552.6 billion) order for Rolls-Royce Trent 800 engines which will power its 61 Boeing 777 aircraft In November last year, SIA announced an order for 77 Boeing 777 wrath US$l2.7 billion (5517.8 billion), including the cost
        281 words
      • Article, Illustration
        Lock icon Bumpy road ahead in China
        53 44 [BEIJING] An American Chinese joint venture Chrysler Jeep on display at the Beijing airport on Sunday. The Chinese government has shelved proposals to reduce state-set car prices this year in a bid to curb aprice-cutting war that has seen mqfr manufacturers undercut even the state
        AFP  -  53 words
      • Article
        Lock icon Thai plan to link five neighbouring countries by rail gets green light
        209 44 Bernama (BANGKOK] A plan to construct Thailand's three new railway networks linking five regional countries has been given the green light. Thai Deputy Commerce Minister Montri Danpaiboon said here on Sunday that a government committee responsible for considering
        Bernama  -  209 words
      • Article
        Lock icon Garuda pilot refuses to see Japanese investigators
        190 44 Reuter [TOKYO] The captain of the Garuda Indonesia DC-10 that crashed on takeoff at southern Japan's Fukuoka airport refused to meet investigators yesterday, Japanese officials said. Investigators from Japan's Transport Ministry visited captain Ronald Longdong in hospital for questioning over last Thursday's accident
        Reuter  -  190 words
      • Article
        Lock icon Swissair to boost airline cooperation with four partners
        210 44 Reuter [ZURICH] Chief operating officer Philippe Bruggiser said Swissair's partnership with four airlines would boost cooperation in response to a huge new alliance between British Airways and AMR Corp's American Airlines. Mr Bruggiser told a Swiss newspaper that Swissair planned to boost
        Reuter  -  210 words
      • Article
        Lock icon M'sia's air traffic grows 9.3% to 27.3m passengers
        303 44 Last year's growth moch stronger than 5.6% increase of 1994 MBT [KUALA LUMPUR] Malaysia's air traffic grew 9.3 per cent to 27.3 million passengers last year from 24.9 million in 1994, according to Malaysia Airports Bhd. Growth was stronger last year than
        MBT  -  303 words
      • Article
        Lock icon Garuda plans major restructuring
        188 44 AFP [JAKARTA] Indonesia's flag carrier Garuda Indonesia plans a major restructuring, including staff cuts and selling off some of its hotels, press reports said yesterday. Bisnis Indonesia daily quoted Air Communication director-general Zainuddin Sikado as saying the airline would reduce its workforce from the present 14,313
        AFP  -  188 words
      • LOG Book
        • Article
          Lock icon Commission gets open
          46 44 Reuter (BRUSSELS) The European Commission gotthefoaheail yesterday to start talk* with the United States on UiiilQiaing civil aviation relations between thetr avistiot" 'Mlrkets, Atlantic routes, a Commission spokeswoman told tNborters. *We have a mandate," a spokeswoman said at ft* WMttngofEU transport ministers.—IteiMr ,z
          Reuter  -  46 words
        • Article
          Lock icon expects US$m air deals
          50 44 AFX-ASIA [&ftA*TA]PTNusantara Aircraft Industry said It eapecta to sign sales contracts worth U8$600miMd>(8IB<fc iJUffioo) during the Indonesia Air Show later thieltfobth, the official Antara news agency reported. It quoted the .Z coflttnercial director of IPTN, Hary Santoeo, llptemtotswimki be signed with domeettecustoO^tiSH the Defence Ministry, Mengfa
          AFX-ASIA  -  50 words
        • Article
          Lock icon China Bicycle not
          39 44 Bloomberg Business News WjiflJi minion yuan (SI8.6 mlDlonX dmlwjf flfMbgyttantalmStlsefell is.1 per centtoUMfcqfclflmfrttni niiinimi mm inluim si iiBlt|tL »«W.43miWon sham Outstanding at the end ofjlliUlS »1 pirn nl in oil y>mn fliini fl lfl inan nfiwiwiiiri
          Bloomberg Business News  -  39 words
      • Article
        Lock icon NZ air authorities declare danger zone around volcano
        281 44 Reuter (AUCKLAND] New Zealand's 'Mount Ruapehu volcano jNßncd steam and ash several fcflhnetres high yesterday in a mafrr eruption, closing roads fMßsUQekls and forcing aviation authorities to declare a <Mager zone. i Airlines suspended flights *o and from the popular North 4slai*l
        Reuter  -  281 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1148 44 cmr FU6HT ETA flMHT ETD FMaata S0909 1700 SOWOQM6 AtoML t*W4 tm 9mm mm iao MKM S0230 1630 0T62 2055 9mmIwWK CZ3S4 0925 ®L!W I 1 M VN745 1300 VW744 *00 tastartfaa 6AW7 1045 6M92 0030 mm WO W740 MB SS22 SKJ22 T0407»s Km mm SO327
        1,148 words
  • Page 29 Advertisements
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      16 29 Old roots, new brandies New generation of Greeks prepares to take over in shipping. F*o» 2
      16 words
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      Page 29 Advertisements Column 2
      277 29 Rolls-Royce gets USs3b deals for Trent engines S-E Asian carriers made up bulk of orders for engines. BaakFaga SNSC AGM I embers of the Singapore National Uppers' Council, do take note that the t Ird AGM will be held on June 26 at 2.30 7 m. The venue is the
      277 words
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      1032 30 mm. mmm■■ u m|n a m mok m mmmt Imm lm| |rtMmi|MMMjMMMMMMfrYtMMUMiiMMd*Mu|MM'—9 nn —Bl— "V I tUT IHPI WW I Ji_ mumm 4H nm nm mm mm\mm iim wv ~mm Hm mm nm |mm|hm| mm mm] mmH nm Imm\nm I um 1 mBHHmm m! mm mm mm mm am ammmm
      1,032 words
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      Page 30 Advertisements Column 2
      33 30 UST MALAYSIA SaPfW IW. (PIE) Lit wufffliqwsiiigTWKi PHinrtHWKcaniiE SMBAPOHE t1« TEL BMIH MX NO: SMtltl SjNQAPORE TO Sarawak rpiimfi VcSScL VOY FTk FfD MUKU Mil K.KLMTAMN Ml 21/ M CM NO: **********0 M
      33 words
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      Page 30 Advertisements Column 3
      315 30 Una* ft MvtoM rapiwantad f smksbai oy wptwi ov w i ioQM<ry of viVgK/ Awtdtad Shipping Agonte, B'oon M—anl 3htoc<no A—oc. MwtwoHw Sknqtpan Fntf* ron—dwt i AnocMton. 1 CALL US... i 1 ANYWHERE, ANYTIME. :i In flo dminflng vortd of marine VMh a woifeMdi aupply nataokof lubricaton, Vw aSoart aanidrq
      315 words
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      924 31 NiQRC SOttTH WEST IXPiBS (HMCT) 1 vesa Iwr I m law Iu» In I 1 1 m 1 a I mm l—l m I moil 1111 1£ laia liS 15/51S/51 15/S1 wE Inml 5% I Inm 1 mw 1 M lmyli**y lii>u lim Iw I ii*y lun IHM I Ijg
      924 words
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      Page 31 Advertisements Column 2
      1545 31 HANJIN SHIPPING |aiaami aa 91 ni m ar ai ar m m m|mh ta wc [~ai |55i mi m m is ■.HaOWaH U/H a/a I jig 14/1/ 14/ V 14/ V a/V I*/V 15/17 17/ V IS/V I*/V Bg 17/17 17/ V I a/lf" H/V H/V 17/17 17/11 hjqmumcmi s/m
      1,545 words
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      Page 31 Advertisements Column 3
      272 31 W jam mi izj£ mf «*m hjl oil an mjl_bjz ac na JOJfIB 2UC jyt _JMI fU7 WW fi£ M__ lIIMM 111 Hit nm> T\M JUL a* UJL-fiO M itf M Jfluom flfl HIL JUL—Jilt IUK IUL-r- J memtm mm mm m>- m J2£. tut mu n* Itf Itf W
      272 words
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      646 32 W B W A va« W H I■ I■■ f M 7 B. w M V i >hif'Ti^iJ»*^^syiwaa:ch T ißiKf/in]jin^aji^^B ■■i^BMAIIiIIiAAHMdIAAMfIIAHUMiaIMIAIIIUyHiH I I I l II M «aa vor bm mm w um sum pjeuk an m no no m mi nc r MM w"w ~S7T »a ~r— ~ar~ ~&t~
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      Page 32 Advertisements Column 2
      881 32 I NORASIA I VESSEL VOV EM QOA LAS SCL VAL ALO HOT ANT FEL LNA *****21 221 22 52 *!E ,w I#w hat *****?* Si 22 MA7 M 7 M 7 wa7 ha 7 nn jw? WORIH*AMH MM M 7 M 7 MA7 *IA7 SVH KM 2M7 2M7 M 7
      881 words
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      Page 32 Advertisements Column 3
      496 32 NOR TRANS TE; »S-ttC3»7 Hh rfiir frr Tiritn fifUdiTi flm 1 Multi-Pwpose RO/LO CorrisrAccapffay: RO/RO, Ramp Capacity apto 40 torn Hacvy Uft apt* 68.5 tarn CmmUmd/ km&kk/Cmkkm/htlm Cmkkms Thai Flag Statas AMl*nm Vjq um SAM SAAB M-O/M AMbpraw VJM IQ-H/M tt-W/M Jf-M/H 9*45/97 AMbpms V.24A OS-10/07 IJ-IS/S7 IS-M/V7 19-11/07 AMbyms
      496 words
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      906 33 fff^^TRAir^HIPPIN^rnTD I Mff 10 Ho« Chiang Road #11-01 Kappal Tawars I Singapore 0101 Tal: MSO7M Pax: *****17 *®SS Jfi!_ wsn yor smwoti tuoio amum mm nm mm nm cmmajw-m mna n/m h/o* «ww mi» vm oi/i7 m/ 07 caiman »n vhima m/m oi/i; «Bai mi« i»/ii x/»y os/i/ ouuuii-h vmisa
      906 words
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      Page 33 Advertisements Column 2
      779 33 \COSTAM SMPrm FHLTV fcra> OKl*mm*mm,mm. m~msm I «a— ■hfWMi— r+cMMcoam tammttmmt imtuan utf-tmm/ttr teiM»w uuwTbawn J f^mmt WVWMi ran SNA m ON MO ba ft* OIANGJIANG {YAHGTZO WVB VIA SHANGHAI kssb/WME m« Ml a «o a 9K Mt Sfiffl? !SS Sfi 9£ i*. -au piaii rivii (znujiang mliai nm/mm urn
      779 words
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      Page 33 Advertisements Column 3
      300 33 jbSSSlljJfc]St]£ MA aw "M^'JirMSrM7\mm m* slm\m «iLSI MtMm/M ism am am nam am am mm um mm mm hmi I I I I I srvMy sMMTiidMM am Mm am tram mm mm mm mm mm\nm\ mm ran »wi ham ivwil HMSMSaEH ill W"WW w -LS )S ii£ iS hShS iSU
      300 words
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      1191 34 NT ROM ANW KM TMP LNV LHV TRP RDM ANW HM PKL UP I. ROYAL RW-S2S IM VI W W IV7 13/7 I.GIFTEO RE-SM 28/9 23/9 MA 24/1 2S/9 17/1 IM f SfS&'SSSi 22 J22 lid 22 !K 112 0 JM IM w w vm f «2£L"&5?l 2P 22 S(!
      1,191 words
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      Page 34 Advertisements Column 2
      930 34 msa votmi w m mii mm mm iwt mb I msa votmi dm m mm m m I IMOKOB MPttW !W* 3M» W 0M» OM? «W OW IMOMMO *****W 10/0* 110* HM I IMCOUM 040 MMV 77AH V/V WV W/V IW IW 10/07 ||MCIOW 0405 4371 14/0* 17/0* 11/04 l*/M
      930 words
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      Page 34 Advertisements Column 3
      472 34 SHICIIBI I) MAWHE AOEMCKI (8) PTE LTD TEL: *****33 (12 UNEB) FAX: *****18/*****03 TELEX: RS ***** MMP (3 Um| CR NO: **********0E r jL 1 I r(Nartwl Lfcra at FlMayhO ACCEPTING FCL AND CONVENTIONAL Vnml Voy TO [uSS»»r Mowb—. Ojboui Atoyot 48WB KVO6 BtlSJf HUNGLfNE f FULLY CONTAINERISED REGULAR LINER
      472 words
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      607 35 BSA ji. •mm MYANMA UHWk FIVE STAR UNE T (Hy«MMc NatiwMl Um) W Im*« for Y«fM (Rm«mb) Vtssa VOT SM K6 PW P6U I »MB H4W Sl» AYA IMW M/M I BAUVSIA AttNTS: OOVHUD SMPPM6 A6MOES KM; IB W-W-MI7MC Kk IB n-*3-37M101 !Wk IB 0144-MIMOI Pfifc IB OM7-!S12»l/4 mB BANK
      607 words
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      Page 35 Advertisements Column 2
      903 35 ▲HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKQ: *****61 pba m m nmuwi m I I roi m m I mm I bbi Tm m/m n/M -Tmam dm I h/h" ii/w u/w "uTw u/w uTw i^v M/M M/M n/M ILAMMUL MIW I If/t7 11/07 n/07 11/07 11/07 tt/V M/
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      Page 35 Advertisements Column 3
      434 35 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) _J-*\ 4 SAILINGS A WEEK TO BANGKOK -^L pr. \y t 7 THAILAND BANGKOK M m W w^&^. m m fl d Ji FOR BOOKING Hi *****33 i CONTACT AMY v P. KLANG PH: 0203/*****02 (10
      434 words
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      Page 37 Advertisements Column 1
      47 37 To retrieve more schedules, just follow these simple steps... document i 74Q-6000 e P be faxed \Jf° you Press the port your Step key in the four number /V digit code Key in your Bxampto: r-i-i fax number To HAMBURG (HAM) 2160 for calls within Singapore Q#IIIMMiy
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      Page 38 Advertisements Column 1
      164 38 MAHNA WTAMI mi mm mi waa WTMI raai row tm nmwn nmam »mam mooam tm u/mm nmcuat v /•>&*. mm—i «/«n» m» */*m «/ww» WW— MM g/Mffß M/Mgl MP MM M 0» «/»*WO X/wBT POT KHAMO PfNANO —j I Ivotmi raw ranio mm \vvtm b>« raw* 1 —■mm g n/unm
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      Page 39 Advertisements Column 1
      456 39 Tropical WMUyiaam>••«<€•• MADGON REGNA MAKSK96O6 MAERSK96OS Port Courtry 18/06 28/06 Wj»Gly Mi» 22/07 01/06 Borbodos 25/07 04/08 Corla9«no Colombia 24/07 03/08 SB"* a Lucia 24/07 03/06' Twlds Franc* Martmiqu* 25/07 04/06 *H»port Bahamas 20/07 30/07 •Gngrton Jamaica 22/07 01/08 PbinteoPHrs GuacWuop* 25/07 04/08 feflol Spain Trinidad 30/07 08/08 IWte Cortw
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      Page 39 Advertisements Column 2
      1122 39 ADVANCE CONTAINER LINES (PTE) LTD A 140 Cadi Street. #12-00, PIL BuNdrtg, Slngapora *****0 —mmMv LBZ TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL I C« NO. 1683M*****E l 1 mi. r— IANCKOK JAKARTA (1 ISIHII/WMI) VBMI TvwTwT'MOt ISM VBSB. VOT JKT SM SMSAMUT I SRS2O9 119/06 Vfcdl 22/06 Sot
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      Page 39 Advertisements Column 3
      755 39 WWn W QAMgTT* |tEH*RE HAMBURG TMAMBgPORT ROTTERDAM ANTMW VUEOEGARMA CASH 16U8 01/07 o*o7 I<VO7 W **leoe«ao»tta si mi aaoa 0607 wot 17/07 I*o7 to saw VLLE DE NORMA NIMf OMJ7 IM7 2M7 3M7 2607 atm 30/07 v*i£oEoawg~ may o»o7 «3w mot 3ww ras osoe oms ALSO ACCEPTMQ CAROO TO ALL
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      Page 40 Advertisements Column 1
      1175 40 sB^—niDiinMißSH^^mbM VESSEL VOY WN JKT ~0 wg> VOY SIN PEN I I EAOLETIOB- 131 Tua MPt «lARU BHUM 8707 Tua lln Pt Tim 20AM~ M H WAMA BHUM 3318 W«d IMM But tvn B.MAI QUA 6001 Thu 20/06 Sal 22/06 NAWTABWUM 2WN Tua 31 22/oT SSfSS "£r~ "2S~ "S" JARU
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      Page 40 Advertisements Column 2
      112 40 LINER SHIPPING PTE LTD A >0 ANSON ROAD. #17-01 INTERNATIONAI. PLAZA. SINGAPORE 0207 TEL: 22M133(20 UNES) TELEX: RS ***** LSSIIIP FAX: tl*ill cTh ETA SIN DUBAI DUBAI 24/06 03/07 01/07 10/07 08/07 17/07 ma middle east forts %Jm DOTAL DAMMAN. KUWAIT. lAIKAIK. DOHA. firryi JBr KIVAM, JHAIiAH, AID DiIAII, HINA
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      Page 40 Advertisements Column 3
      555 40 11 DUXTON HILL, SINGAPORE *****3 CR **********0N m STtAira swunu shvki j MXtTKIANO WHANG m I m S I ¥W I m m ~3~ MS mm 'V*« %m 7\/%n aitan-T m "/WW MW «UM» to* "iww «j S*l« mv ~SS» 2Vsmw nMn 2*5 m* mm to m ami saum m
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      Page 40 Advertisements Column 4
      185 40 ■nnifianuuHwi GAPo>tE *****14 TILi *****33 faxi ssi wea/mi TUj^^waamoMFiwflp^^^^ rasa vcy situ sum kstiuiioii 10$ 02/17 04*7 fUUMMBSNK mm it/* 21/0* 23*4 wmtmm I SWUM 12/H 21/04 24/* KNGfIKU/NONIG SWllOtt 12/* 21/04 24/ M JNMO/MMC tUfSMBM 13/H 24/* 24/04 JNUW/MMK lift n/v wv mwrum J KOMKI 13/94 21/04 23/14 SBMMG/OBOM
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      Page 41 Advertisements Column 1
      604 41 \y n I UNO IXPRISS IHIPPINO (PTI) LTD. I MM I 11 COLLYER QUAY #09-01 THE ARCADE SINGAPORE *****7. TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 BINOEX SIBOTIAMt SHANSHAI (CONTAINM jgfKj) Also occefHing container corgo lo: VBSayVOY eusin ETAHKG EUSHA W/T HKG: Bdioo. Chiwon. CHAIt€ YIWG 9615/9616 20/06 24/06
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      Page 41 Advertisements Column 2
      608 41 Siiu! Saras* srifggir 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEM/PK SIM HONGKONG 19/6 20/6 mv "BUXCROWN" V.NOOB I SYDNEY/MELBOURNE/ADELAIDE 21/6 22/6 mv 'KOTA HARTA' V.HTA 021 < YOK/TYO/UKB 22/6 23/6 S mv "A MIRACLE" V.***** I I CALL S'PORE: CHERIE, XIUHUA PKL: CHEW/VIVIEN PEN: YEN NEE/KHOO 1 VPSB VOY SIN RTM AWT
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      Page 41 Advertisements Column 3
      244 41 ATTRACTIVE FCL/LCL RATES TO* Indian Sub-Contment Ports MADRAS/BOMBAY/ CALCUTTA COLOMBO CHITTAGONG NHAVA SHEVA I WENDER CONTAINER LINE} ENQUIRIES BOOKINGS PLS CAUL TEU *****44 4» o.k. line; FULL CONTAINER SERVICE 8 1 PORE/JAKARTA "NB- W v m MT Z mmmn mimm it* n« > 2W M S*PORE/BURABAYA/BEMARANQ wr m m srb
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      Page 42 Advertisements Column 1
      479 42 SHIPPINGTIMES Business Centre ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 If you need insurance coverage for your cargo, look no further. NTUC INCOME'S Cargo Insure-Line has just die plan for your importing and exporting business. Just consider our advantages. INSVMITOUM H Ids easy to apply.
      479 words
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      Page 42 Advertisements Column 2
      334 42 m »j To advertise in Business Centre K ft now ft request for ft Document Cod# K 8000 M m> < »M *11 9C SHIPPINOTttIES Business Centre AtnUhl^fttdriKwy—r U J bwalneas (acts tkroogk the tax j s FFA LOGISTICS 1-i- > IMANAfiCMENT COOBSB Eg .1 KEEP APACE WITH THE DYNAMIC
      334 words
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      122 43 LEGCNO: R Thunderstorm Temperature c X\ A Weother Wind drection with speed in knots Rom 9 Cloudy Sky Wo-h-gh. Serfoce Oft indkoted by arrows which fly with ikt wind 0 On* hjM crck represents calm or hght ond vonotote «nnds One holt tleche represents 5 knots I—* One fufl Heche
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