The Business Times, 26 June 1996

Microfilm: NL20610
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA (P) 04(V 12/95 Internet: http*V www.asial.com.sg/biztimes S-INGAPORE WEDNESDAY, JUNE 26,1996 85c
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  • Article
    MARKET SUMMARY
    50 1 m sm H SUM (-8.17) gnaw 4 iau»(+m nHunrtDoik It Wmk T ;;9PPiP VV-Jrv V v v'J(RMK HAIKKT OOMOBB TMKkqr Change Sdacomp U4U8 -in mm t?,s<?.i7—-Mi xanoseng —*a# mwtm WJB—>117 IAUUKA 00»__JHJ1 *US MANILA COUP _UI(H -IM8 TAJPBWPf M84J7 -47.18 g iSWN——4JM 8OL80 4US 3 ADBTALL08B —UMl +44
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  • Article
    FINANCE
    39 1 mm ff, IMf} uu uti fT&Mft »S17 LfN Mt (HI uu —W 'II I I I rat. uu—&»t BAHT una Mfl RUP1AH1M IMS Mil SINGAPORE* .8.44 SMLAUUWUE Att JAKARTA 18.M IWWBBK 1171 ~~^n 'Awfl*tft3lufca. ~flaat (Source: NatWest Bank)
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  • Article, Illustration
    So who bought those $14m penthouses?
    525 1  -  Soft-launch buyers m&keupa who's who ofS'pore, Indonesia and HE By] Michelle Low [SINGAPORE] Singaporeans made up about half of the buyers of 93 luxury Ardmore Park soft-launched on Monday. David Lawrence, executive director of the developer, Marco Polo Developments, disclosed yesterday that 43 of
    525 words
  • Article
    Bonvests courts biggest cafe chain in US
    382 1  -  Starbucks says it is talking to a few S'pore parties By\ Bernice Tang [SINGAPORE] Bonvests Holdings, which already holds the local franchise for fast-food Burger King, now wants to bring America's coffee culture to Singapore. It is trying to brew another success story
    382 words
  • Article, Illustration
    Amcol loses top two men in board revamp
    495 1  -  Only 2 en previous beard retained; 3 new directors picked By Conrad Raj [SINGAPORE] Amcol Holdings appears to have lost its top two men chairman Sudwikatmono and managing director Henry Pribadi following a reshuffle of the board ordered last week by the
    495 words
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      Page 1 Advertisements Column 1
      91 1 m; i) IWIM KohSSrs plans to J develop a commercial and retail complex next to the MRT statkm, Ami lant Hp ton, this lifting wa&d mean leaving jaae marra to true m tne Optimism getting Mi-BMpui, with the Nikkei holding up weU above pg 1& Teledata snarenoiaers likely to hang
      91 words
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      Page 1 Advertisements Column 2
      120 1 Like father. like son. v j\ vvVABP^I WEr** f^H >iaßafe^ ir 1 t i i Following in the footsteps of DHL'* Jumbo Box comea the new Jumbo Junior. k y For •bipmenu up to 10bg, the new Jumbo Junior offer* iuw day pick up, tu»to«« clearance and door-to-door delivery for
      120 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lower loan rates for buyers of exec condos
      594 2  -  Keppel Finance's 425% interest for the first year Is tkelewest By Diana Oon BANKS and finance companies are offering lower interest rates to buyers of executive condominiums compared to current loans for private properties. The 480 people shortlisted from the Housing Board's
      594 words
    • Article, Illustration
      S'pore firms eye Three Gorges deals
      361 2  -  About 10 local companies fcftm oo smaller projects, says TDB chief By 1 Teh Hooi Ling A GROUP of Singapore companies have come together to bid for peripheral projects in the construction of the massive Three Gorges Dam in China, Stephen Lee, chairman of
      361 words
    • Article, Illustration
      Lock icon Tourist arrivals up 3.1% in May
      358 2  -  EYE OX THE ECONOMY Commerce By Chuang Peck Ming THE number of visitors from China surged in May but the rise is unlikely to be sustained in the coming months, figures released yesterday by the Singapore Tourist Promotion Board show. The number jumped almost
      Source: STPB  -  358 words
    • Article
      No-fuss buses as SBS, Tibs roll out intra-town services
      258 2 SBS and Tibs will be introducing 13 intra-town bus services in seven Housing Board estates from next month. These will link existing feeder services where suitable to provide trips within each estate. The move will be a boon to residents travelling
      258 words
    • Article
      S'pore cost of living dips slightly from last year: survey
      429 3  -  But Republic still among world's 20 most expensive cities; Tokyo heads list By' Ven Sreenivasan THE cost of living in Singapore has fallen slightly but it still ranks among the 20 most expensive cities in the world, according to a
      429 words
    • Article
      Pepper's to open 12 more outlets in Asia
      283 3  -  By Christopher Tan PEPPER'S, a UK-franchised restaurant chain, plans to open 12 more Beatles-theme outlets across Asia in the next two years. The chain opened its first restaurant in the region at the Pan Pacific Hotel in January. Plans have been drawn
      283 words
    • NEWS Roundup
      • Article
        $200 boost for Medisave Accounts
        112 3 THE government win pay|2oo into each Medlsave Account of all adult Singaporeans in Oetober, the Central Provident Fund Board said yesterday. The payment is made under the Medlsave Top-Up Scheme first announced by Finance Minister Richard Hu in Parliament this year. The schema emphasises the
        112 words
      • Article
        Tony Tan to open ITE headquarters
        58 3 THE new ITE headquarters at Dover Drive and the adjacent ITE Dover win both be officially opened on Friday by Deputy Prime Minister and Minister for Defence Tony Tan. Dr Tan win also declare open the 2nd National Skills Competition, which is organised to
        58 words
      • Article
        Singapore Sling in chocolate form
        47 3 SINGAPORE'S most ffcmous cocktail, the Singapore SU11& will be given a new lease of life later this month with the official launch of Maugham's Original Singapore Sling (MOSS) Chocolates. The drink will be blended with the soft centre of the MOSS chocolate.
        47 words
      • Article
        Military award for Bruned commander
        45 3 DEFENCE Minister Tony Tan will confer Singapore's prestigious military awsint, the Meritorious Service Medal (MilitaryX on the Commander of Royal Brunei Land Forces tomorrow. Pehin Brigadier-General Shari wUI receive the award at an investiture ceremony at the Ministry of Defence.
        45 words
    • Article
      Corrections and clarifications
      62 3 IN OUR property column yesterday, we said that HCS is the Hospital Corporation of Singapore. It is actuafly the Health Corporation of Singapore. We also said HCS was formed early last year. This is incorrect HCS' commercial wing, HCS-Hospital Management International, was formed last year while HCS
      62 words
    • Article, Illustration
      Cybercafes upbeat despite closure of outlet
      328 3  -  One to open second branch, another eyes regional franchises By Poo-Cheong Wai Ming SINGAPORE cybercafes remain upbeat about their business prospects despite this week's closure of Online Oasis' outlet in Holland Village. Two even disclosed plans for expansion. CyberNet Cafe the Republic's first cybercafe,
      328 words
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      Page 2 Advertisements Column 1
      383 2 BVMti|fcr Three Gorges dam deals kicks off, Pg 7 What Things In life are Worth The Vifait? vrd -y-O'W- r M* Your perfect partner TlF^^lpis' v The perfect home environment Your dream home It it, -aid uhat uhe good things The Sanyo System 3 set& airconditioning system that exceeds in
      383 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      111 3 I. Someplace Else, Hong Kong This is how the bar got its unusual name. "There was a young man from Hong Kong. whose adventures are immortalised in a song. He's famous for his only wish which was to find the perfect dish. So off he set to lands far away,
      111 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon Is the correction over?
      543 4  -  TECHNICAL VIEWPOINT: KL COMPOSITE After hitting a low of 1,120 on June 13, the index has been moving up, but will the rise continue? By Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) at Dow Jones Telerate. The opinions in this
      Source: Trade Union  -  543 words
    • Article
      Bad days seem to be over for HK bourse
      649 4  -  BYE OH THE REGION: HONGKONG Analysts expect steady US interest rates and easier monetary conditions in China to spar market Frori Quak Hiang Whai in Hongkong THE Hongkong bourse has come under tremendous pressure in recent weeks with news of massive
      649 words
    • Article
      Lock icon Net inflow into US stock funds slows down
      330 4 Last week's US$L6b was the lowest In six weeks, says research group NYT [BOSTON] The pace of new buying of US stock mutual funds slowed in the latest week to US$l.6 billion (552.2 billion), the lowest net inflow in six weeks, according
      NYT  -  330 words
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      17 4 MtJW SitS?" i«» Afc at. remind you of anything? We give you a reason to smile back
      17 words
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      Page 4 Advertisements Column 2
      57 4 '•t Chinatown Hotel I*J ((>ll \i 11 Ko.nl i 'Hie modern 'Business 'Mold unh lHistoric 'Beauty and Charm Koom r.iU*»» from sn')(MM) lor Kt m r\ .iC ions IV I: ((>S) 22 SS I (>(> I .1 (>S > 22 S■> I 2 I J I(> It k k Inn
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  • SOUTH-EAST ASIA
    • Article
      State banks to write off 4.6 trillion rupiah in bad debts
      522 5  -  JAKARTA Bid to boost profit and make them attractive candidates for privatisation By S N Vasuki INDONESIA'S state-owned banks will write off a phenomenal 4.6 trillion rupiah (Ss2.B billion) in bad debts this year as part of the government's
      522 words
    • Article
      Lock icon Almost half of state firms in poor shape
      192 5 JAKARTA AFP CLOSE to half of Indonesia's 172 state companies are financially unhealthy, a newspaper yesterday quoted the directorgeneral for guidance of state companies, Barcelius Ruru, as saying. Of the 172, only 92 were in healthy financial condition in 1995, the finance
      AFP  -  192 words
    • Article
      Lock icon Thailand revises May tax cuts on luxury imports
      206 5 ÜBANGKOK Reuter THAILAND yesterday revised tax rate cuts set last month on some imported luxury goods, saying that the reductions adversely affected local manufacturers' abtiity to compete with cheaper imported goods. The original cuts on 13 luxury goods announced in May had
      Reuter  -  206 words
    • NOTE Book
      • Article
        Lock icon Finland wants probe into death
        87 5 AFP [HELSINKI] Finland called (hi Monday for an official investigation into the circumstances surrounding the death in detention at the weekend of its honorary consul-general in Myanmar. Foreign Minister Tarja Halonen said Myanmese authorities were weU aware that the honorary consul, James Leander Nichols, 64,
        AFP  -  87 words
      • Article
        Lock icon Vietnamese inflation down to 4.6%
        69 5 AFP [HANOI] Vietnam's year-on-year inflation rate to June 25 fell to 4.6 per cent, its lowest figure in more than three years, according to official figures released yesterday. Consumer prices fell 0.5 per cent in June from May, declining for a second month. Inflation was
        AFP  -  69 words
      • Article
        Lock icon No further Supreme Court probe
        55 5 AFP [JAKARTA] There will be no further probes into allegations of corruption within Indonesia's Supreme Court it was reported yesterday. The secretary-general of the Supreme Court, Toton Suprapto, said allegations by a judge of collusion had been rejected by an investigation. Its findings, released on
        AFP  -  55 words
      • Article
        Lock icon Malaysia closes last boat people camp
        111 5 Reuter [KUALA LUMPXJR] Malaysia closed the last of its camps for Vietnamese boat people yesterday, but UN officials noted that it was merely the first of many in the region to do so. The camp in Kuala Lumpur was emptied five days ahead of
        Reuter  -  111 words
    • Article, Illustration
      Lock icon Maju's three-year target for Perwaja
      434 5 KUALA LUMPUR Reuter Bernama MAJU Holdings Sdn Bhd, chosen to lead the rescue of Malaysia's debt-laden national steelmaker Perwaja Terengganu Sdn Bhd, said yesterday it hoped to turn the firm around within three years. "It will take one to three years to bring Perwaja back
      Reuter; Bernama; REUTER  -  434 words
    • Article
      Demand expanding less rapidly, but must still be curbed: Anwar
      494 6  -  KUALA LUMPUR He says money supply growth and current acconnt deficit still too high By\ Ho Kay Tat FINANCE Minister Anwar Ibrahim said yesterday that the good news on the economy was that consumer demand is now expanding less rapidly
      494 words
    • Article
      Lock icon Govt to grant legal status to alien workers
      117 6 BANGKOK AFP THE Thai cabinet approved a proposal of the National Security Council to grant temporary work permits to alien workers in 39 provinces, officials said yesterday. Minister of Labour and Social Welfare, Prasong Buranapong, said that according to the country's labour
      AFP  -  117 words
    • Article
      Lock icon East Asian nations competing unfairly: study
      321 6 LONDON Barrio's distorting local economies and global trade, it says FT EAST Asian economies are competing unfairly by pursuing export drives which depend on maintaining extensive restrictions on imports and inward direct investment in their own markets, according to a study by the Federation
      FT  -  321 words
    • Article, Illustration
      Disarray in the PDI: End of the Sukarno revival?
      741 6  -  ABZAMTIBW Theories abonnd as to why the government stepped In By Yang Razali Kassim TEN years ago, as a correspondent in Jakarta for The Straits Times, I had the opportunity of following two politicians, Suryadi and Megawati Sukarnoputri, on a campaign
      741 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      333 5 Once again, Nissan overtakes BMW, Jaguar, Lexus and 23 other cars. —^nrJH^ii 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 while keeping
      333 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      92 6 ANA's 180° Fullflat Seat Extra Wide Cosy 180 cm Reclining Length ANA is proud to be the first Asian airline to <MW^y|jp )4 .^t^:3Sav introduce the full flat 180* reclining seats. Fly in I our upgraded Super Business Class to 9 eats Tokyo (Nanta) now, and enjoy a new measure
      92 words
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  • CHINA-HONGKONG-TAIWAN
    • SINO Brief
      • Article
        Lock icon UK, China agree on HK budget details
        63 7 Reuter (HONG&OlfGlßritain and China have retched en the drtalls ft* formulating Hongkong's 1887/98 budget straddling ttt handover to China, the local government radio said on Monday. Both sidee had agreed on how to work together on aetting the budgst, the radio quoted Chen
        Reuter  -  63 words
      • Article
        Lock icon Retail sales in HK up 5%
        49 7 AFP fKaaaysareartbr to HK>lB.7btroon (888bfflkm) in April, the Omnia and Statistics Department said ysstenlay. After discounting the eflbct of price rhango* over the period, total retail salss showed a rise of(U per cent in volume aear tha seme period, provisional flguree show.— AFP
        AFP  -  49 words
      • Article
        Lock icon Overnight rally to mark last year
        65 7 AFP [HONGKONG) Hongkong's Democratic legislators will mark the beginning ofthe colony's last year before Chinese rale with an oversight rally outside the legislature which China hae vowed to scrap. The Democratic Party, the blggeet in the 88 ssatfagtslattv* Council, hopes far a mass turnout
        AFP  -  65 words
      • Article
        Lock icon Three sign border treaty
        35 7 AFP [BEIJING) China, Mongolia and Russia have signed a treaty l*aßydifliiii« Am lttrtb-weetero border linking their three countriee, Xinhua reported yeeterday The protocol was signed yesterday, China's official news egsncyaid —AFP
        AFP  -  35 words
    • Article
      Lock icon State sector posts first net loss in 17 years
      208 7 BEIJING Reuter CHINA'S state sector reported a net loss of 3 billion yuan (S|sos million) in the first quarto:, the first deficit since Deng Xiaoping launched market reforms 17 years ago. "People are not unfamiliar with losses by state enterprises," the
      Reuter  -  208 words
    • Article, Illustration
      Lock icon Bonn stands firm in China row
      448 7 BONN It refuse* to hack dews ever parliamentary resehitieii en Tibet Reuter GERMANY refused yesterday to back down in a row with China over its human rights record in Tibet and said the cancellation of high-level contacts with Beijing spoke "clear language". Bilateral ties
      Reuter; REUTER  -  448 words
    • Article
      Lock icon Bidding for Three Gorges dam deals kicks off
      302 7 BEIJING 16 major foreign firms form 4 consortia in bid to supply turbines AFP INTERNATIONAL bidding to supply generators for China's massive Three Gorges project has formally kicked off, as experts yesterday dismissed concerns that it spelled devastation for the country's famed
      AFP  -  302 words
    • Article
      Lock icon Mobile phone bids still under discussion: HK govt
      224 7 HONGKONG Bloomberg Business News A HONGKONG government spokesman yesterday declined to comment on a report that Chinese officials have agreed to allow six groups of companies to establish mobile-phone networks in the territory using new high-frequency technology. If ifs true, awarding the
      Bloomberg Business News  -  224 words
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      Page 7 Advertisements Column 1
      503 7 o* |pr.n sr Even the Kaiser of Germany had to wait a whole year Ifs always worth the wait for his Lange watch. Tfce Kaiser Wilhelm watch by "A. Lange k S6hne'. The LANGE 1. When Kaiser Wilhelm made a Mate visit to the The first Lange watch of modern
      503 words
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  • ASIA
    • Article
      Lock icon Data shows Japan's economy still recovering
      415 8 TOKYO But EPA's monthly figures also suggest that momentum may have flagged a little Reuter AFP KEY economic data released yesterday provided more evidence that Japan's economy is heading back to health, but suggested that the momentum may have flagged a little. The closely
      Reuter; AFP  -  415 words
    • Article
      Lock icon Japan to hike consumer tax to 5%
      183 8 ■TOKYO AFP THE Japanese government yesterday formally approved a plan to raise the national consumer tax from 3 to 5 per cent from next April 1, officials said. The tax hike, endorsed at a cabinet meeting, is part of a tax reform bill
      AFP  -  183 words
    • Article, Illustration
      Lock icon Clinton complaining to Tokyo about trade talks: paper
      151 8 TOKYO AFP US President Bill Clinton has sent a letter to Japanese Prime Minister Ryutaro Hashimoto, complaining about Japan's approach to bilateral trade negotiations, a major daily said yesterday. A foreign ministry spokesman admitted that the prime minister had received a letter,
      AFP  -  151 words
    • Article
      Lock icon N Korean economy needs a blood transfusion – fast
      298 8 N Korean economy needs a blood transfusion fast SEOUL Analysts say it requires foreign capital if it's to avoid collapse Reuter NORTH Korea's devastated economy has lost the ability to recover by itself and needs foreign capital to avoid collapse, economists and analysts said. "If I could use an analogy
      Reuter  -  298 words
    • Article, Illustration
      Lock icon US wants slice of S Korea's massive airport project: Kantor
      237 8 SEOUL AFP US COMMERCE Secretary Mickey Kantor asked for greater US participation in South Korea's massive new airport construction project at talks yesterday with President Kim Young Sam, officials said. "Mr Kantor asked President Kim this morning that US companies
      AFP  -  237 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      957 8 OF BOSTON (Incorporated In the U.S.A. with Limited Liability) BANK OF BOSTON CORPORATION Consolidated Balance Sheet (In millions, except share and par ahara amounts) P*csmber3l 1996 1994 December 31 1998 1994 ASSETS LIABILITIES ANO STOCKHOLDERS' EQUITY Cash and due from banka 2,645 2,317 D Dome!te offices: Interest bearing deposits in
      957 words
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      Page 8 Advertisements Column 2
      715 8 <& INDUSTRIAL BANK OF KOREA BALANCE SHKT I STATEMENT OF EARNINGS Forth* ynrs tnd«d Dacwnbar 31,1M6 art IM4 Far tha yaaa ended Dacambar 31,1 f95 and 1994 19N tm ins 1994 (InMHon) (InMHon) (In Milton) (In MUfior) Assets Won Won Cash and (to from banks 2,992,399 1,932.029 Merest on loans
      715 words
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  • FOCUS
    • Article, Illustration
      Lock icon Yaohan bets on Shanghai
      1677 9 Retail tycoon Kazuo Wada has built the world's second-biggest department store in Shanghai NYT [SHANGHAI] JAPANESE retail tycoon Kazuo Wada's latest gamble might seem like a long shot: he has built the world's sec-ond-biggest department store after Macy's in New York and stocked it with everything
      NYT  -  1,677 words
  • Page 9 Advertisements
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  • THE WORLD
    • Article
      Lock icon Barings' execs conspired to hide losses: Ron Baker
      304 10 LONDON Ha date* to km lea appointed too late to aneoffer the fraud AFP EXECUTIVES at Barings merchant bank "knowingly or unknowingly" conspired to hide crippling losses run up by rogue trader Nick Leeson, the former head of derivatives trading at Barings,
      AFP  -  304 words
    • Article, Illustration
      Lock icon Hillary denies consulting spiritual advisers
      299 10 NASHVILLE, Tennessee AFP FIRST Lady Hillary Clinton has strongly denied having resorted to spiritual advisers, as reported in a book by a Washington Post journalist. "The bottom line is I have no spiritual advisers or any other alternative to my deeply held Methodist faith and
      AFP; REUTER  -  299 words
    • Article
      Lock icon US home resales rise 1.4% unexpectedly..
      307 10 WASHINGTON while consumer confidence drops far second month Himring Bloomberg Business News US HOME resales increased unexpectedly in May even as rising mortgage rates pushed up borrowing costs, real estate industry figures showed yesterday. Resales rose 1.4 per cent last month to an annual
      Bloomberg Business News  -  307 words
    • WORLD Watch
      • Article
        Lock icon EU backs Japan's global chip deal
        99 10 Reuter [BRUSSELS] The United States looked increasingly likely to be thwarted in its efforts to win an agreement with Japan on semiconductors, after the European Union on Monday backed Tokyo's proposal fin* a global computer chip deaL A spokesman for the European Commission said
        Reuter  -  99 words
      • Article
        Lock icon Netanyahu on peace process
        117 10 AFP [JERUSALEM] Israeli Prime Minister Benjamin Netanyahu yesterday declared that progress towards peace with Palestinians and Arab states depandsd on their willingness to battle anti-Israeli violence. "The strategic choice of aU the parties in region should be... clear It is terrorism or peace, you cannot have
        AFP  -  117 words
      • Article
        Lock icon German growth forecasts cut
        80 10 Bloomberg Business News [BERLIN] Two of Germany's top economic research Institutes have cut tbelr 1906 growth forecasts to as km a* 0.5 per cent, citing a worse-than-expected slump in the first months of the year. The Kiel Institute for World Economics yesterday trimmed its forecast to
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Clinton proposes more holiday time
        102 10 AFP [NASHVILLE, Tennessee] President Bill Clinton has unveiled a proposal aimed at providing leisure-dsAciant Americans with more holiday time to spend with their families. Dubbed "flex time", the proposal would give Americans the right to convert their overtime hours into a maximum of 80 hours
        AFP  -  102 words
    • Article
      Lock icon Missing trader unsettles world copper market
      487 11 LONDON Traders worried Sumitomo might flood market with sales Reuter A DEEPENING mystery about the whereabouts of disgraced Japanese star trader Yasuo Hamanaka fuelled anxieties in a fragile world copper market yesterday. Ten days on from his eclipse, Mr Hamanaka mesmerised fellow dealers with
      Reuter  -  487 words
    • Article
      Lock icon Keep anti-Cuba law off G7 talks: US
      238 11 WASHINGTON AFP THE United States, struggling to avoid an embarrassing dressing-down by its G7 partners, called on Monday for its anti-Cuba legislation to be kept off the agenda of this week's summit. "It is the view of the United States that the Helms-Burton
      AFP  -  238 words
    • Article
      Lock icon US clears China phone project
      119 11 WASHINGTON Bloomberg Business News PRESIDENT Bill Clinton lifted restrictions on the Hughes Space and Communications division of General Motors, clearing the way for a US$5OO million (Ss7oo million) pan-Asian telephone system. Former president George Bush imposed the sanctions which limit US corporations' ability to export
      Bloomberg Business News  -  119 words
    • Article, Illustration
      Lock icon Leap of faith
      42 11 [BELARUS, Minsk] A young Belarussian couple jumping over afire during an annual folk festival yesterday. The tradition to mark this day dates back to pre-Christian times and jumping over a fire is a symbolic way of cleansing sins. REUTER
      REUTER  -  42 words
    • Article
      Lock icon Yeltsin sacks 7 army generals
      273 11 MOSCOW Reuter RUSSIAN President Boris Yeltsin, bracing for an election runoff next week, yesterday ousted seven army generals who were close to his former defence minister in a purge of the military old guard. Four of the men dismissed had been accused of plotting to
      Reuter  -  273 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      233 10 Invest In Tike Fiituire Of Emerging IVlarLets-Globally The Templeton Investment Funds Emerging Markets Fund accesses the potential of emerging markets. For the first time, Singaporeans have the opportunity to invest in such young and dynamic economies not just in Asia, but all over the world, through a professionally managed Singapore
      233 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      579 11 r——^ Vereinsbank/ Bayerische Vereinsbank Aktiengesellschaft incorporated in Germany Head Office: Kardinal-Faulhaber-Slrasse 1.***** Munich, Germony. Telephone (0 89) 3 78 0 Singapore Branch: 1 Finlayson Green #17-01, Singapore *****6. Telephone *****83 Balanca Sheet as at December 31.1995 Statement of lacome tor the year ended December 31.1999 (Parent Bank) m thousands of
      579 words
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      Page 11 Advertisements Column 2
      520 11 WHEN YOU ADMIT YOU'RE LOSING YOURHAR, call svenson: Don't go on day after day, matching your '^0^ hair receding at the temples and getting thinner on top. Don't pretend there's nothing To much hair in <■ .V your comb call SVENSON. wrong, at the same j time attem P tin
      520 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Trade warriors lose focus in Fuji campaign
      778 12  -  THE BOTTOM ÜBB OPINION By Leon Hadar The writer is BT's Washington correspondent L TITLE MORE than a year ago, I started receiving on my tax machine daily press releases, informing me that the Eastman Kodak Company, led by its charismatic Chief Executive,
      778 words
    • Article
      IN OTHER WORDS
      122 12 'In Asia, the legacy of history and the imperial tradition do not lend themselves so easily to democracy. Of course everyone wants political reform But the question is how to apply it' -NgnyenXmuiOaiih a Vietnamese economist, on his country's rtform process. 'All these people who don't always
      122 words
    • Article
      A convenient scapegoat for Clinton ?
      625 12 A convenient scapegoat for Clinton EDITORIAL IT IS nothing short of chutzpah for US President Bill Clinton to fight his domestic electoral battle by dictating who should be United Nations secretary-gener-al, while his government makes not the least attempt to pay its whopping $2.2 billion debt that has pushed the
      625 words
    • Article, Illustration
      A brave new world for the sleeping giant
      1009 12  -  The Jakarta Stock Exchange's new president-director has three years to ring in the changes ffy\ S N Vasuki The writer is BT's Jakarta correspondent THE (JSX) is East Asia's sleeping giant. Though the exchange has seen exponential growth in new listings and
      1,009 words
    • Article
      WHAT THE OTHERS SAY
      809 12 JEFFREY Ballinger, who heads an organisation called Press for Change, which tracks Nike's operations in Indonesia, has frequently reported on women in factories making Nike products being slapped, swatted on the buttocks and otherwise humiliated by sweatshop bosses. When a woman named Sadisah led a strike
      809 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      49 12 DOOMEBBURY By Gary Trudeau GOOPf /7"!? YEAH... I HOPS YOUPfPNT \MHAT? 1 AMAZING HOUJ YOU 068* I WY I I uHeStOB W UJELL rl* I MINP MYMBNTK)N-\ 0H... I FRJ£NPLYP&)- H&& |ST )£a«%TO N THOUGHTT \jNGVOU TON!6HT.\ NO- I I V£TNAMeS6 ICHPN7IOU |s '75J AGAIN IN j \S O
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Rich pickings in S-E Asian art
      836 13  -  The Netherlands' Glerum kicks off maiden auction here on Sunday, reports oordmbkerk CORINNE KERK Following the arrival of London's 203-year-old auction house, Bonhams, in Singapore last month, another auction house is kicking off its presence here with an auction this weekend. Hailing from the
      836 words
    • Article
      Lock icon German films learn to laugh at life
      447 13 FILM Wave of relationship comedies drawing young viewers NYT [BEßLlN] For at least a generation, German films have been saddled with a melancholy image that makes them difficult to sell overseas. Think of German films, and you think of heavy and often depressing
      NYT  -  447 words
    • Article
      An uneven yet satisfying performance
      376 13  -  SINGAPORE ARTS FESTIVAL By] Benjamin Loh THE concert given by the Moscow State Symphony Orchestra under the baton of Pavel Kogan last Sunday evening was an uneven one. Mussorgsky's Pictures at an Exhibition, which dominated the first half of the programme, was generally lacking in
      376 words
    • Article, Illustration
      Lock icon Graveyard claims early victim
      964 14 WIMBLEDON Agassi's biggest casualty among three of the Top 8 players on a day of upsets LAT-WP ADD the bones of Andre Agassi to the heap claimed by that notorious site of Wimbledon upsets, Court 2 respectfully known as the Graveyard. Certainly an operative image on
      LAT-WP; REUTER  -  964 words
    • Article
      A fitting semi-final for England
      649 14  -  EURO 96 It will be sweet revenge for the 1990 World Cop defeat By I Shahiron Sahari HAVING disposed of the auld enemy Scotland, England now have to deal with the old enemy Germany in order to keep their date with destiny. It could not
      649 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      153 13 Fins n' Ripples PTE LTD IK- _-!i >iim nu r H .11 >.t I'.-nJ. I>i< ■11 iv 11 lilki v. vu in ik i t ill iin 11 iu iii »n uukafv IKM.., u V >i i-: mi. ri. >11 ,'<>iui \l inik n.iiu*. i u\ii. ii Vr. uv s
      153 words
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      Page 13 Advertisements Column 2
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      206 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      212 13 ~f Mi WEATHER Singapore Showers over several areas in the late morning and early afternoon. Temperature (32-26) Ajta-Paetto HVLo* Good. Europt HVLo* Ohl Amertoe HVLt* fwj Auckland 17/06 (Vady Aat*<nLtm 111? <V«h AtUnU *7/21 (VwK Baotfk.* H/ti Tstona Akm JtTO (V«h Huevus Am I.VOf. Sunny RrfuiK >1/19 (Vttdy lu-rtin (loud\
      212 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
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      321 words
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      Page 14 Advertisements Column 2
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      89 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      506 15 Where to wine, dine and entertain 'III! PALM SPRINGS SEAFOOD RESTAURANT Tit 566 9933 MM Building S«h Storey. Jurong Ew StrMt 21, Singapore *****1 Opan Daffy: 11.00 am-3.00 pm 5.30 pm- 11.00 pm For •oquiriM (Offle* Hours) TiJ: 338 9398 Fax: 338 8398 [eve rydayTs! <vA HAPPY X'XDAY 50%V^ OFF
      506 words
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      Page 15 Advertisements Column 2
      92 15 inSPIRED ifiviTinc IHDEED EAT ALL YOU CAN j|> The Eat*All-You-Can Cantonese «a-la-carte promotion at Hai Xiang Restaurant has a selection of over 70 mai BANC Wishes including Braised Shark's Fin Soup, Drunken Prawns, Broccoli with Scallops and many more. Plus a complimentary Hai Xiang Combinations Platter. Lunch: $20 (adult) $13
      92 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      675 15 TV&RADIO IMO MN Murder One. BJO Sandiwara. lASUUU^S9BHHHHIHHHIHH USB AM Seaquest 2032 MO Ya! Bendahara. I ~TBT~ J~® PMThe Winners Brave New Wortd. lIMIO Cinematique: Philipino ft LJO Money. Money, Money. L4S VRS-Pilot. Movie Tatlong Ina, Is- V i MO The Money Club. 1M Beverly Hillbillies. angAnak. Llwlfi .1821 TV
      675 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      303 15 CKYPTIC CROSSWORD ACROSS I F I p BK I —K —I —R —I P —l R 1 Man, for example, in attempt to __L_L—l_L_l I I I I I I take in exercise (5) """"■l"" Hi BH~~ 9 Father-confessor is .one who J I I I makes headlines (7) 11
      303 words
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      338 16 ADD MORE DRIVE TO YOUR LIFE Actually, if you're even thinking of enthuse about. Firmly braced on a double-wishbone suspension with a i buying an Odyssey, you already have long wheelbase, and powered by a sweet 2.2-litre engine churning out considerable drive. That's because 145 ps the Odyssey manoeuvres l
      338 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Koh Bros' Sembawang project
      521 17  -  .Crastrnction group to develop $210 m complex next to MBT station with Heeton By Tan Su Yen ry [SINGAPORE] Diversified construction group Koh Brothers yesterday unveiled plans to develop a $210 million commercial-cum-retail complex off Canberra Road, next .to the Sembawang MRT star tion. The project,
      CHRIS LOH; JEN CHUA  -  521 words
    • Article
      Lock icon Deutsche Telekom wants Asian listing
      362 17 German telephone giant plans IPO in November Bloomberg Business News [KUALA LUMPUR] Deutsche Telekom AG, which plans an initial public offering in November, also aims to have its stock traded on an exchange in Asia. "We are discussing this with our advisers," said Ron Sommer,
      Bloomberg Business News  -  362 words
    • Article
      Cement firms in for boom but face interest rate threat
      665 17  -  HOCK LOCK SIEW S N Vasuki SENIOR executives of Indonesian cement companies love this time of the year, the peak season for the construction business. Since 1994, cement prices have soared between June and October due to a combination of
      665 words
    • Article
      Camerlin opens new office in Melbourne
      452 17  -  From Peter Lynch in Sydney CAMERLIN Pte Ltd, the Sin-gapore-based investment group, has opened an office in Melbourne, Australia's corporate capital. The move comes as Asian investors are increasingly making inroads into the country's multi-billion dollar food industry in anticipation of a rising regional
      452 words
    • Article
      Lock icon HK Land buys back shares
      136 17 Bloomberg Business News [SINGAPORE] Hongkong Land Holdings Ltd, a member of the Jardine Group, yesterday said it had bought back 1.53 million of its own shares, the company's second move into the market to buy shares this month. Hongkong Land paid between US$2.2l and U552.26
      Bloomberg Business News  -  136 words
    • REGIONAL COMPANIES
      • Article
        Acer to focus on tapping home market next year
        496 18  -  Group chairman has vision of mnlti-linhs among common home appliances and PCs From 1 Toh Han Shih in Taipei ACER'S computers will be as common as the living room television set, if the Taiwanese computer giant has its way. Acer will
        496 words
      • Article
        Lock icon Bakrie & Brothers Q1 profit up 32% to 20.7b rupiah
        103 18 Bakrie Brothers Q1 profit up 32% to 20.7b rupiah Bloomberg Business News [JAKARTA] PT Bakrie Brothers, a company with investments in agriculture, engineering and building materials, said net profit for the three months ended March 31 rose 32 per cent to 20.7 billion rupiah (5512.5 million), the Jakarta Post reported
        Bloomberg Business News  -  103 words
      • Article, Illustration
        Lock icon Patting a damper on Bakun
        105 18 [KUALA LUMPUR] Nongovernment organisations protesting in front of the Finance Ministry yesterday, asking the government to issue a stop-work order for Ekran Berhad to immediately cease all work on the site of the Bakun hydroelectric project. The Kuala Lumpur High Court last week declared the
        REUTER  -  105 words
      • Article
        Lock icon Indocement plans to build a new plant
        166 18 AFP [JAKARTA] PT Indocement Tunggal Prakarsa will build a new plant as part of an expansion plan even though it predicts two years of oversupply from 1998, company executives said yesterday. The company plans to build a 2.4 miUion tonne capacity plant in
        AFP  -  166 words
      • Article
        Lock icon Jaya Tiasa joins Carter Holt's s bid for Forestry Corp
        89 18 Bloomberg Business News [WELLINGTON] Malaysian timber processor Jaya Tiasa Holdings Bhd is to join forester Carter Holt Harvey Ltd's consortium bidding for New Zealand government-owned plantation forester Forestry Corp, Carter Holt said. Jaya Tiasa becomes the third partner in the
        Bloomberg Business News  -  89 words
      • Article
        Lock icon MUI raises offer price for Pengkalen shares to M$6.20
        212 18 Bernama [KUALA LUMPUR] Malayan United Industries Bhd said it has raised its offer price for shares in Pengkalen Holdings Bhd to M 56.20 from M 55.10. The MUI Group now holds 101.1 million ordinary shares of M|l each or 50.94 per
        Bernama  -  212 words
      • COMPANY Briefs
        • Article
          Lock icon K Wah Int'l takes option on S'pore flats
          67 18 Bloomberg Business News [HONGKONG] K Wah International Holdings, which makes construction materials and develop* property, said yesterday it had taken an option to buy apartments in Singapore worth 167.6 million. It has paid Huigu Development Pte Ltd a tenth of the price
          Bloomberg Business News  -  67 words
        • Article
          New life for Singatronics unit
          50 18 [SINGAPORE] Bingatronics Ltd's wholly owned dormant subsidiary, TheckHeng Industrial Pte Ltd, has now become GlopeakLand Pte Ltd. Glopeak will be used as a vehicle for property investment and development in Singapore. It has an authorised and paid-up capital of IS million and $8 million respectively.
          50 words
        • Article
          Times Pub appoints two directors
          47 18 [SINGAPORE] Times Publishing has appointed Wong Hung Khim and Patrick Yeoh Khwai Hoh non-executive directors. Mr Wong is group chairman of Singapore Bus Service. Mr Yeoh is managing director of PT Manning Development. He was president of DBS from 1988 to 1986.
          47 words
        • Article
          Uraco lifts capital in subsidary
          32 18 [SINGAPORE] Uraco Holdings has increassd ths authorised and paid-up capital of its 70 per cent-owned subsidiary, Singapore Precision Stampings Pte Ltd, from $1 million to $3 million.
          32 words
      • Article
        WI Carr puts a 'buy' on Korea, Malaysia and Taiwan stocks
        387 18  -  By Vikram Khanna [SINGAPORE] When it comes to Asian stocks, buy Malaysia, Taiwan and Korea and sell Thailand and Hongkong, according to David Scott, chief regional strategist for WI Carr, the stockbroking arm of Banque Indosuez. At a presentation
        387 words
      • Article
        Intraco, Teledata team up to lift telecom business
        246 18 [SINGAPORE] Trading group Intraco plans to work with its associate company Teledata to expand the tatter's business in the telecommunications markets of Asean and the rest of Asia. As a step in this direction, a joint venture, Teledata International, was set up
        246 words
      • Article
        Keppel IVI buys stake in Manila firm
        319 18  -  Property-oil conpuy created by merger of three listed firms From Al Labita in Manila A KEPPEL Group's Manila unit and a Singapore-based Japanese fUnd have bought stakes in a new company formed out of the merger of three listed Philippine companies. Keppel IVI
        319 words
      • Article
        Analysts upbeat about Indon cigarette firms
        384 18  -  Outlook improves as fears over new excise abate From S N Vasuki in Jakarta ANALYSTS are upbeat about the earnings outlook for listed Indonesian cigarette companies as earlier fears of the adverse impact of a new excise ruling appears to have abated. Market leader
        384 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Kuok to list Kerry Properties
        477 19 USs3b market value expected; sale as early as August, say bankers Bloomberg Business News [HONGKONG] In one swoop, Robert Kuok will create one of Hongkong's largest public companies. Mr Kuok's privately owned Kerry Group plans to sell shares in its Hongkong and China property businesses
        Bloomberg Business News  -  477 words
      • Article
        Lock icon Nabisco to axe 4,200 workers
        474 19 Bloomberg Business News [PARSIPPANY, New Jersey] Nabisco Holdings Corp said it will fire 4,200 workers in an effort to cut costs and rekindle earnings growth, resulting in pre-tax charges of US$5O9 million (Ss7l3 million). In addition to cuts amounting to 7.7 per cent of its
        Bloomberg Business News  -  474 words
      • Article
        Lock icon TCI to carry Fox news channel
        406 19 Deal gives Murdoch unit 10-million subscriber footprint NYT [NEW YORK] Telecommunications Inc (TCI), the United States' largest cable operator, completed a deal on Monday to carry Fox's planned 24-hour news cable channel in 10 million homes when the channel starts up later this year.
        NYT  -  406 words
      • Article, Illustration
        Lock icon A first for Kodak
        70 19 [HONGKONG] Kodak's DC2O digital camera being shown off by Kodak Far East Ltd's Albert Chan, general manager of digital and applied imaging for the Greater China region, at its Hongkong launch recently. The DC2O, the world's smallestpoint-and-shoot digital camera and Kodak's first digital camera to target
        REUTER  -  70 words
      • Article
        Lock icon Exxon loses patent fight against Lubrizol
        206 19 Bloomberg Business News [WASHINGTON] Exxon Corp on Monday lost a legal fight to reinstate a US$l2B million (SslBo million) patent-in-fringement verdict against Lubrizol Corp. The Supreme Court refused to hear Exxon's appeal of a federal appeals court decision, which critics say could threaten existing
        Bloomberg Business News  -  206 words
      • Article
        Lock icon Shenzhen bans new B accounts to calm stocks
        211 19 Reuter [SHANGHAI] The Shenzhen stock exchange has banned domestic investors from opening new B share accounts to calm feverish buying and stop heavy outflows of foreign exchange from banks, brokers said yesterday. A Shenzhen stock exchange official said the bourse had barred
        Reuter  -  211 words
      • Article
        Lock icon Hilton plans US$2b investment in hotel, casino acquisitions
        225 19 Bloomberg Business News [NEW YORK] Hilton Hotels Corp said it plans to invest US$2 billion (Ss2.B billion) within two years buying hotels and casinos, with as much as US$l.2 billion of that financed by debt, said Hilton chief executive Stephen Bollenbach. The
        Bloomberg Business News  -  225 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon S'pore deposit rates rise but hot money moves on
        321 20  -  Interest in Sings wanes as funds quit safe haven for higher yields in region By\ Siow Li Sen [SINGAPORE] Short-term interbank deposit rates here are continuing to firm as hot money quits the Republic's safe haven for more attractive neighbouring currencies,
        Source: Reuter; ALLAN  -  321 words
      • Article
        Amex Bank offers overdraft to public
        347 20  -  By Siow Li Sen AMERICAN Express Bank has shed its traditionally low profile by advertising an overdraft facility to tap the lucrative consumer banking area, one of the fastest growing loans sector. Operating under a restricted bank licence, American Express Bank had up to
        347 words
      • Article
        Lock icon Jakarta to tap Yankee market for up to US$350m?
        325 20 Reuter [NEW YORK] Indonesia is expected to issue up to US$35O million (***** million) of sovereign debt next month in its first foray into the Yankee market, paving the way for sharply lower borrowing costs for the nation's corporate issuers. The
        Reuter  -  325 words
      • Article, Illustration
        Lock icon Reaping the success of reforms
        67 20 [HANOI] Two farmers working on a rice field in a suburb of Hanoi on Monday. Agriculture is one of the most obvious successes of economic reform launched in 1986 and which has made Vietnam become the world's third rice exporter after the US and Thailand.
        AFP  -  67 words
      • Article
        HSBC Markets expects US interest rates to stay flat
        327 20 Less pressure on Fed as economic growth is seen slowing [SINGAPORE] US interest rates will be flat during the second half of this year, with economic growth slipping to 2 per cent, says HSBC Markets' chief international economist Mark Cliffe a
        327 words
      • Article
        Thai developer taps Asian $ market
        229 20 Thai developer taps Asian market [SINGAPORE] One of Bangkok's leading property developers, LPN Development pic, is borrowing US$2O million (Ss2B million) from the Asian dollar market here. The three-year club loan, which was signed here yesterday, will be used to finance the construction of Sukhumvit Tower, a 30-storey office building
        229 words
      • Article
        Lock icon Prudential banning to list Mercantile & General
        229 20 Prudential banning to list Mercantile General Reuter (LONDON] Prudential Corp said yesterday that it intends to seek a stock market listing for its reinsurance subsidiary. Mercantile General (M&G), and sell a significant shareholding through a global equity offering. The public offering is planned for later this year. M&G had capital
        Reuter  -  229 words
      • Article
        Lock icon Euroyen, JGBs end lower
        239 20 rum Report Reuter (SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures ended lower in thin, rangebound trade yesterday as the market paid little heed to the results of a 10year JGB auction and the coincident and leading indices for April. "The coincident and leading indices
        Reuter  -  239 words
      • Article
        Lock icon CURRENCY REPORT
        165 20 Reuter AFP THE dollar finished a touch higher, helped by mark weakness on the crosses which pushed the lira below 1,000 per mark for the first time since August 1994. "The dollar itself hasn't done much, it's been buffeted by the mark's crosses, in particular by mark/lira," said
        Reuter; AFP  -  165 words
      • Article
        Lock icon Oil prices rangebound but fears of Iraqi supply continue
        297 20 ENERGY REPORT Reuter (LONDON! Oil prices were rangebound again yesterday as market players complained of another day of limited trading interest amid low volatUity. They said the market lacked short-term direction and was fairly well-balanced in supply and demand. However, the
        Reuter  -  297 words
      • Article, Illustration
        Untitled
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        1,346 words
    • Article
      COMMODITY PRICES
      1468 21 SIOOMFPTUEBS weitttwm de*« «l SJOpe) ISS1 CONTRACTU tMtiAo Clan VaMaw Om I* utt (tin) irtfwt 207.00 m.00 ***** 1025 325 *M* W6.50 196.50 196.50 50 2100 Sap96 192.50 2325 OcWfcc 96 194.00 194.00 192.00 300 ***** Jan/Mar 97 191.50 3300 97 19L50 900 900 KSS 3 CONTRACT (US
      1,468 words
    • Article
      WORLD STOCK MARKETS
      2138 21 LOMOM J»H EBtoMafa fma *fA. A. Corp Adr 631/4 until AS Ports 272 -9 Abboy National 533 -4 A Mod Lyons 453 -7 Amoc no 1/2 Argyll 3351/2 -7 V2 Asda Group 117.940 -1.060 •AT M 497 -6 BKX 317 -6 BOC Group 928 -5 BR Potroioum
      2,138 words
    • Article
      Lock icon TOKYO
      1586 21 AFP □Hamas -in JAPANESE share prices closed marginally lower yesterday, with the Nikkei stock average pressured by modest profit-taking after five straight days of gains, brokers said. "Dealers do not want to take either long or short positions today, but there is no risk in the current trading environment
      AFP  -  1,586 words
    • Article, Illustration
      Lock icon HONGKONG
      1657 22 Bloomberg Business News UHangSaig ♦2106 STOCKS rose for a second day to a two-week high amid optimism steady interest rates will help the colony's property market rebound this year. Companies that invest in and develop property, such as Henderson Land Development Co Ltd, Swire Pacific Ltd and Amoy Properties
      Bloomberg Business News  -  1,657 words
    • Article, Illustration
      Lock icon CHINA
      594 22 Reuter D Shanghai B share lain -OJB THE B Share Index ended down yesterday mainly on falls in the Shenzhen stock market after an official paper warned of a government crackdown on domestic B share trading, brokers said. The index lost 0.68 point or 1.31 per cent to 51.41
      Reuter; Source: Credit Lyonnsis Securities (Asia) Ltd  -  594 words
    • Article
      Lock icon TAIPEI
      357 22 Reuter QWPMex -47J8 SHARE prices in Taiwan finished 0.7 per cent lower as investors cashed in profits amid political concerns. "Selling pressure ran through the whole session, accelerated by opposition legislators' plans to overthrow the parliament speaker who is from the ruling Kuomintang," said analyst Chiang Chengtsun of Full
      Reuter  -  357 words
    • Article, Illustration
      Lock icon JAKARTA
      676 22 Reuter QCimpogrte latex ♦5.43 SHARES ended higher in moderate trading following for-eign-led buying in big-capitalised stocks, brokers said yesterday. The Jakarta Composite Index rose 5.43 points, or 0.94 per cent, to close at 584.21 points, with advancers leading losers by 67 to 40 while 27 issues were unchanged. "It's
      Reuter  -  676 words
    • Article, Illustration
      Lock icon BANGKOK
      816 22 AFP HSEThte *117 THAI share prices edged up 0.2 per cent in thin trading due to economic and political instability. "There is still no real good news for investors despite increased trading in the afternoon session, which was a short-term technical rebound," said Kanaphan Nantasen of Deutsche Morgan Grenfell
      AFP  -  816 words
    • Article
      Lock icon MANILA
      333 22 AFP Qlbmk -lOISB PHILIPPINE share prices fell 0.3 per cent as a computer breakdown shortly after the start of trading reversed an initial upturn. The Philippine Stock Exchange Composite Index dropped 10.58 points to close at 3,216.58. Trading was extended for one hour after the computer breakdown. Turnover was
      AFP  -  333 words
    • Article
      Lock icon SEOUL
      404 22 Reuter QflupMittMii -&54 STOCKS ended yesterday's trading at the lowest level seen in 30 months as fears of an economic downturn and a heavy overhang of margin loans kept investors away from the market, brokers said. The central banks' announcement that it would raise its forecast for this year's
      Reuter  -  404 words
    • Article
      Lock icon SYDNEY
      622 22 AFP QMOrtmariM -44 AUSTRALIAN shares closed 0.2 per cent lower as resources stocks dragged the market lower following a plunge in copper prices. The All Ordinaries Index closed 4.4 points lower at 2,254.3. The All Resources Index tumbled 11.9 points to 1,412.4 while the All Industrials Index rose 4.0
      AFP  -  622 words
    • Article
      Lock icon WELLINGTON
      266 22 Bloomberg Business News n Wellington -L2l THE NZSE-40 Index fell 1.21 points to 2,096.26. Within the index, though, rising stocks outnumbered declining issues by 17 to 12. Trading was valued at NZ553.5 million. Jn« ■> ctm ANZ Banking 6.80 unch 5260 Advantages HMgs LAO -0.01 ***** Air Nn Zealand
      Bloomberg Business News  -  266 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Interest rate fears dampen market
        7719 23 Reuter, AFP CI Composite Index -4J2 STOCKS fell for the first time in six days, led by Telekom Malaysia Bhd, on concern that the central bank may raise interest rates. "I expect interest rates to go higher to curb inflationary pressures," said Ami Morris, head
        Reuter, AFP  -  7,719 words
    • WARRANTS & OPTIONS
      • Article
        Clipsal warrants: patience needed
        3760 24  -  WARRANT WATCH -By] R Sivanithy ALTHOUGH the general level of activity in local stocks is at its lowest so far this year, one of the segments which has seen some interest recently is the foreign cur-rency-denominated stocks. Stocks in this area are the market laggards and
        3,760 words
    • Article
      CLOB INTERNATIONAL
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      2,219 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        818 words
      • Article
        MAIN BOARD
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        4,503 words
      • Article
        SESDAQ
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        831 words
      • Article, Illustration
        HOT STOCK
        71 26  -  Paul Leo ACCORDING to BUkXt Wave Theory, Tan Chong Motor Holdings is poised for further weakness. Yesterdays one cent decline to ftoe on a volume qf 840,000 units-more than 6 times the lOday average 0f133,400 shares is just a tip of the iceberg. Any uptick from yesterday's close
        71 words
      • Article, Illustration
        STII loses hold on 2,300 as volume hits year's lowest
        875 26  -  STOCK MARKET COMMENTARY All eyes on FOMC meeting meanwhile, Malaysian stocks hit by fears of credit-tightening By R Sivanithy [SINGAPORE] The stock market yesterday turned in yet another dismal performance, with the Straits Times Industrials Index losing its hold on
        875 words
      • ON THE GRAPEVINE
        • Article
          If's all yours, buddy
          75 26 OUTGOING Shell Corporation chairman Peter Chen, afraid of breaking with tradition, duly handed over his pager, Shell's equivalent of the "red telephone", to successor Tim Faithful] at a Monday night ftinction. The pager, he explained, had connected him round-the-clock to the MNC's crisis committee in case
          75 words
        • Article
          The man for the job
          84 26 YONG Chee Ram, the former business development manager at UOB Asset Management who was involved in at least six unit trust launches over the past couple of years, has moved to the fund management subsidiary of Societe Generate Bank here as its head of marketing
          84 words
        • Article
          Open door policy?
          108 26 HOW do you make a small condo appear larger than it is? A listed company with a project in the Katong/Tanjong Rhu has come up with a novel idea. When it launched the project about 18 months ago, the small size of some units—about 920 sq ft
          108 words
        • Article
          Backroom power
          78 26 THE recent cases of dealers making billion-dollar losses in unauthorised trades have boosted not only the demand for good backroom managers but also their prestige, pay and power. BT understands that at ING Barings, the backroom managers are now the top honchos and they are the ones everyone
          78 words
        • Article
          Is six too many?
          106 26 IT USED to be accepted wisdom that Singapore did not need more than four local banks. But now there are six, and that's not many either, said one local banker. But not for the reasons most people might think of. The number of local banks here
          106 words
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      85 17 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 RCDS are in US dollars, Hong Kong dollars, Japanese Yen... and listed on the Stock Exchange of Singapore and you need some cash, make full
      85 words
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      212 18 The Most Comprehensive On-Line (No Batch Processing) User Friendly Flexible Includes BILLING GST RETURNS FINANCIAL MANAGEMENT (GL) ACCOUNTS RECEIVABLES (AR) ACCOUNTS PAYABLES (AP) INVENTORY (TRADING/MFG) Also SALES ANALYSIS Capable of MANAGEMENT REPORTING (MIS) SALES PURCHASE ORDERS L/C MONITORING MATERIAL ROMT. PLANNING TRUE MULTI-CURRENCY SEVERAL ADVANCE SYSTEMS We also customize Fl-IDEA
      212 words
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      92 19 Wednesday, 241h July, 1996 at 3.00 p.m. CHELTENHAM victoria austraua 1242 A Nepean Highway, Cnr Station Road MAGNIFICENT INVESTMENT OPPORTUNITY 'OUTSTANDING OFFICE COMPLEX' 75% Leased to Australian Government on a ten year lease BUILDING AREA: 2,569 square metres plus security basement and ground level parking CURRENT RENTAL: $313,200 per annum
      92 words
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      Page 19 Advertisements Column 2
      212 19 tit ttit&iMlow, I ICx+vC 4, For its 'value for money' room promotion, now on till 31 August '96 Superior at $115* Deluxe at 125 (single/twin) Quests will enjoy welcome drink. a shuttle service to Orchard Road, Chinatown, Shcnton Way Suntcc City. no extra charge tor accompanied child. 403 1 lavclock
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      38 22 MONT* BLANC THE ART OF WRITING Available at MONTBLANC BOUTIQUES Singapore Ncjee Ann City #01-32 Raffles City #01-37 A The Heeren #0 1-04, 05 MONTBLANC CORNER: Sincere Watch Limited #01-013/015 Sun tec City Mall and all authorised dealers.
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      29 23 For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      29 words
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      Page 23 Advertisements Column 2
      135 23 GIVE YOUR HAIR A NEW LEASE OF LIFE Hay's formulation extracted from herbal plants is the key holistic approach for balding, hair loss, damaged hair, premature greying and problems including dandruff, etc. No surgery or implant I I No drugs or injections We provide full natural and to treat hair
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      44 24 TheArtofChmesebnperial^t^ Wmmmmmmti Exclusively from: Hua Shi Fine Art Gallery L WfcM f v "v iM (Business hours: I Oam 6pm Monday Saturday) Showroom 1 608 Martin Road #05-04, Singapore *****7 Tel: *****92 *****45 Showroom 2 276 River Valley Road, Singapore *****7 Tel: *****71 *****23
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      97 25 Save up to 4hrs to the USA via our Detroit hub. The besl 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
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      Page 25 Advertisements Column 2
      124 25 To: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Gen ting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period □12 months 6 months 3 months at 5560.00 atSS4OJM) atSs2s.oo
      124 words
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      2111 26 Singapore Closing Share Prices 25/06/1996 CLOSE PREV LOW HKM uss uss uss uss Allf# Jardine Matheson 6.85 6.95 6.85 7.05 Jardine Strategic 3.16 3.14 3.14 3.18 LXSSSr J Dalr Farm 0.815 0.80 0.805 0.83 Hongkong Land 2.26 2.22 2£l 2.26 Mandarin Oriental 1.43 1.37 1.40 1.43 EOUUUa Jardine Strategic W9B
      2,111 words
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      Page 26 Advertisements Column 2
      84 26 je^The" busnessTimes A tald ae» bok «d a tak qvnck id «b mm ad «rm. A«r ann. ad «Mi «k of *e km. Shvrxrfoaa on buaoßß ad aatAtn. «Dri»i —ljairfaa«kadMß»op»aada—aa»y. Start my THEBUSNEStfTIMES Subscription now I 5245.20 (12 mmHt» for local) (no— i ai ai mi Td«phon» No (H): (Ot
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      295 27 Knight-Ridder Reuter RATES continued to slide for Panamax tonnage in the east in a very sluggish day's trading, brokers said. Traders took a typical Monday morning attitude with news scarce, although the downward trend was still evident in the underlying physical market, Clarkson Wolff said in its daily
      Knight-Ridder; Reuter  -  295 words
    • Article
      MARITIME STOCKS
      259 27 jm»a a w CWTOMrftuMon 14S unch 7 OmimiHm* 104 unch 99 Cosco Invastmant 148 -0.01 234 rtll 7.69 -005 222 taiaMUnks 0.763 -0.005 M MlfcMwp tV4 -0.01 19 MMSmiHu* IM Midi 6*6 MMIZmm 0.979 *0009 92 MCHaMn* HK9J0 Jaya IWO>|l L31 urtcfi 3 Jurono SNpyard 7 JO -019
      259 words
    • Article
      Malaysia to allot M$4.7b for port facilities
      419 27  -  CONTAINER ASIA M Govt to continue focusing on Port Klanfe says deputy transport minister Reports by Yong Mei Fong [SINGAPORE] Malaysia will pump some M 54.7 billion (552.6 billion) into port infrastructure and related facilities over the next five years. Mohd Ali Rustam,
      419 words
    • Article
      Call to streamline procedures in transport industry
      230 27 [SINGAPORE] Asian countries must act now to remove outdated bureaucratic commercial and legal procedures that hinder technical progresses in transport, said Malaysian deputy transport minister Mohd Ali Rustam. In his speech at the opening of the Container Asia 96 exhibition and conference here
      230 words
    • Article
      Lock icon Carnival passengers, crew fall ill
      141 27 Bloomberg Business News [MIAMI] Carnival Corp said 52 passengers and 16 crew members on its Jubilee cruise ship became U1 with diarrhoea early last week on a cruise from Los Angeles to Mexico. While one passenger died on the cruise, a company spokesman said the
      Bloomberg Business News  -  141 words
    • Article
      ITF's fight against open registries in the limelight again
      570 27  -  STRAIT TALK By\ Seafarer HAVING written twice In recent months about the International Transport Workers Federation (ITF), Seafarer had been planning to leave this topic for a while. But ITF/Maritime Union of Australia action against a Singapore-managed livestock carrier in Darwin
      570 words
    • Article, Illustration
      Lock icon HK$78b loss if no new terminals
      156 27 AFX-Asia [HONGKONG] Hongkong may lose up to HK$7B billion (5514.2 billion) between 1997 and 2011 if proposed container terminals CTIO and CTII are not built, Port Development Board secretary Tony Clark said. The Hongkong Economic Journal quoted Mr Clark as telling a shipping forum
      AFX-Asia  -  156 words
    • Article
      Lock icon Training for Indon port officials
      67 27 AFP [JAKARTA] Indonesia's stateowned port management firm PT Pelabuhan Indonesia (Pelindo) signed a training and education agreement yesterday with a Dutch institute. Pelindo signed the agreement with the Delft-based International Institute for Infrastructural, Hydraulic and Environmental Engineering in Surabaya, East Java, the Antara news agency
      AFP  -  67 words
    • Article
      Lock icon Stolt NYK orders 4 parcel tankers
      177 27 KnightRidder [NEW YORK] Stolt NYK Asia Pacific Services Inc has contracted with Japanese shipbuilder Fukuoka Shipbuilding Co Ltd to build four stainless steel chemical parcel tankers of 11,500 deadweight tonnes each. The first tanker is scheduled for delivery in September 1997 and the remaining
      Knight- Ridder  -  177 words
    • Article, Illustration
      Lock icon Dragonair cleared for take-off
      954 28  -  OHIWHHB AVIATION: BRIGHT PROSPECTS FOR HONGKONG'S SECOND CARRIER Beijing's aviation regulator, with a 36 per cent stake in Dragonair, is now in the driving seat and this, together with freedom from Cathay Pacific, has already proven lucrative to the carrier's plans to expand its East Asian
      NYT  -  954 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      419 28 PACE Evcrprtme 18 AEL 17 FlBrigM 7 AFTShpg 17 13 AMI 3 Famous 7 Aft. M Faraide 16 Hill g Fccdcrtram 18 Accord 8 F«»"9Sun 8 ftvtnkM 4 Wu *«*«*> A Jl*" 1 Astro 3 5 Austral 9 Avant 6 C«Mrtr«« 18 BtanaMas
      419 words
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      SHIPPING GUIDE
      13658 36 EXPORT CTA CTA A dv art bar VmM Voyaga Talaphona ETA CTA AdvartMar VMMl Voyaga TaMpftona C 52L M—» Nam* Numbar Numtar SM PwTb Nmw Now Numbar Numbar S JJWBW I.HIW 1 A2*/0* 17/07 HapagUoyd COLOMBO BAY 0IWD2S *5-*****00 2*/0* 17/07 NVK COLOMBO BAY OIWOI5 *9-*****1 To ABIDJAN
      13,658 words
    • SHIPS IN PORT
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        CONVENTIONAL WHARVES
        585 45 Wo Bftfc Arrfrd Ngrtw JMfNrt mm*** V* Ji7 iimiin 30.06/1200 fwetiNrv VN JM 2T.06/0M0 Tr r 06/N JO rioaqsMt 0107/0700 MM* 0602* J21 Itwpm 26.06/2300 04/* J» IIHjlKl 19.06/2)00 S brim 609/* M llnpl6l 26.06/0500 03/* J07 llnplti 26 06/0600 "M».. 06#m JM 2106/2300 0VW JO miM 26.06/1600
        585 words
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        CONTAINER SCHEDULES
        1511 45 RECEIVING Of EXPORT Fa CONTAINERS AND La CARGO hth VOV Mo Ctfc/Btr Nrtoi Fnw To frw ta aM n/im a tynw 2 votn maws l ivote 24/w ?w"-400 4 24/1200 24/MM *****0 55 wwe «a»o ivwn oa*m a tynw mm* :vow MM 24/183 JfcHOC 4 24/BM 24/MM a/1700
        1,511 words
      • Article
        COCKETT BUNKER MARKET REPORT
        800 45 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
        800 words
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        GLOBAL HOLIDAY
        404 45 JUNE 29 Chile, Malta, Peru: St Paul and St Peter's Day. Costa Rica: San Pedro and San Pablo Day. JUNE 30 Sri Lankan: Market and pubIk: holiday. JULY 1 Canada: Canada Day. Taiwan: Market holiday, bank account settlements. Thailand: Market and bank holiday; government and business offices open.
        404 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon US and UK discuss restarting talks on open skies accord
        362 46 Tie-up by British Airways, American Airlines at stake Bloomberg Business News [LONDON] Senior US and UK officials met informally in Paris on Monday to discuss restarting stalled talks on opening their aviation markets to each, other's airlines, Britain's Department of
        Bloomberg Business News  -  362 words
      • Article, Illustration
        Lock icon China to overhaul rail system
        65 46 [BEIJING] Two trains pulling into the Beijing Railway Station yesterday morning. The Beijing Railway Administrative Bureau plans to launch express trains bound for Tianjin, Shijiazhuang, Shenyang and Jinan soon as part of a massive upgrading of its railway services in the next few years, which
        AFP  -  65 words
      • Article
        Lock icon Boeing seeks market for 550-seat plane
        163 46 Reuter [BEIJING] US aircraft maker Boeing Company is actively looking for a market for a giant 550-seater, its top executive said yesterday. "We are very actively talking with a number of airlines around the world about a major development to the 747 which would
        Reuter  -  163 words
      • Article
        Lock icon Garuda to withdraw DC-lOs from Japan routes
        281 46 Crash in Fnknoka this month behind decision: report Reuter IJAKARTA] Indonesia's staterun carrier Garuda Indonesia will stop using DC-lOs to serve its Japanese routes after one of the aircraft crashed in Fukuoka this month, a newspaper reported yesterday. A DC-10 carrying 260 passengers
        Reuter  -  281 words
      • Article
        Lock icon Carrier to pay US$1.6b for 23 Boeings
        144 46 Reuter [JAKARTA] Indonesia's state-owned Garuda airlines yesterday signed a US$l.6 billion (552.2 billion) order for the purchase of 23 Boeing airliners. The planes on order include six Boeing 7775, 12 8737-300S and five 737-500s, Garuda president director Soepandi said. The deal replaces previous
        Reuter  -  144 words
      • Article
        Lock icon US govt warned of FAA's failings
        163 46 Knight-Ridder [WASHINGTON] The Federal Aviation Administration's oversight of air safety is one of the greatest weaknesses in government, a Transportation Department official said on Monday night. Mary Schiavo, inspector general of the Transportation Department and a longtime critic of the FAA, said she had
        Knight-Ridder  -  163 words
      • Article
        Lock icon Fokker signs deal with Merpati
        171 46 Reuter [AMSTERDAM] Fokker Services, part of the Fokker companies which survived the plane maker's bankruptcy in March, said it had signed a memorandum of understanding with the services arm of Indonesia's Merpati Nusantara Airlines. Both companies will investigate possibilities of setting up a maintenance company
        Reuter  -  171 words
      • Article
        Lock icon MAS penalises 3 agents for price undercutting
        220 46 Bernama [KUALA LUMPUR] In an unprecedented move, Malaysia Airlines (MAS) has disconnected its ticketing computer link with three travel agents here for selling tickets of other airlines at below agreed prices. Several other "delinquent" agents are under watch and will be blacklisted if
        Bernama  -  220 words
      • LOG Book
        • Article
          Lock icon ValuJet still aims to start with 15 planes
          59 46 Reuter [ATLANTA] ValuJet Inc said on Monday it still plana to restart service with IS aircraft "We are still moving ahead with plans for 15 aircraft," said company spokesman Gregg Kenyon. Over the weekend, ValuJet president Lewis Jordan was quoted as saying
          Reuter  -  59 words
        • Article
          Lock icon Colombo set to reopen air talks with US
          74 46 Bloomberg Business News [BOGOTA] Colombia's civil aviation authorities have 0 proposed reopening talks with the US which were suspended last week, Abel Enrique Jimenez, director of Colombia's civil aviation authority said on Monday. Talks were suspended after three days when negotiators deadlocked
          Bloomberg Business News  -  74 words
        • Article
          Lock icon No change in Swissair's capacity sales
          61 46 Bloomberg Business News [ZURICH] Swissair AG said on Monday it sold 664 per cent of all capacity available on its flights last month, unchanged from the year-earlier period. Both supply and demand rose 11 per cent Traffic was "slightly down" in Europe, which was
          Bloomberg Business News  -  61 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1383 46 CITY FUGHT ETA FU6WT ETO LM778 1605 AMIMH S0442 2025 OF* U4S A6alrt6> S0229 2220 fataafca SO9M 1645 S0990 0120 A— 1M2 VMS UM3 222S T MU51M WOO Aatstartfam KL833 0935 KL838 2300 ft Willi MC MU5W WOO GA893 1205 KL834 2335 NlllUli SMM 2120 SMIO
        1,383 words
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      12 27 Dragonair cleared for take-off Bright prospects for HK's second carrier. Page 2
      12 words
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      Page 27 Advertisements Column 2
      282 27 US and UK meet for air talks BA-American Airlines tie-up at stake. Back Page CURTIN UNIVERSITY "EE A post graduate degree that will equip you with the strategic analytical ri inhin s ec^s on ma to n abilities to cope with the future global LUIIUn turbulence in the logistics era.
      282 words
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      1221 28 SHffPINGTIMES Just talk to us... Iris Lim 740-2044 Tan Lip Chu&n 740-1645 Jarrod Leong 740-2069 Philip Koh 740-2382 w wptm PM*mm io!d»^K^^i I AURORA RdnVAtw/BrTvVUK I A.HAZER 2S/06 I I Ardgfl ngjH^flViAnl —I f 1 I pem TOMASEV)CH om>7 ovo7 I 1 wirrcfT >»Bw»«rw > tvtyj i nBK jPBHWHBBBit-Sfl I'Lmme/W.
      1,221 words
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      Page 28 Advertisements Column 2
      22 28 /Ws. Unas A sorvtcm roproaortod /ejfßSShby Mawbara ofthaßaglMytt M n > T". o< (iCOjj) AocradHad SNpping Agar*. SUMgsmgapoioftaytßowawMaf S*poio National Shipping Aaacc Asaodation.
      22 words
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      1029 29 EXPORT TO; TO: JEPPAH/UK/CONTINENT |who voy sm raw nt rwwn na SH uso Mamie cmgo rot: JUS S2S6 27/04 14/07 14/07 10/07 14/07 GUSGiOW, GRANGEMOUTH *»CI 1254 20/04 14/07 14/07 10/07 20/07 < B* 3254 20/04 20/07 10/07 15/07 14/07 juuinjlllcll/j IOOaHOK 5244 04/07 23/07 21/07 25/07 MIMIM CFS/LCI TO:
      1,029 words
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      Page 29 Advertisements Column 2
      1444 29 I 0 HANJIN SHIPPING i ggßg om IM [Mm |ww |wr m |n |w w M re |w| w' |iTi'lmn» 1 _g/M_ vmiwT i\m 21/ M 21/07 n/v W~W W wv~ WW nm Inm m*T m/m~" mow om nm m/o; »/07 m/m n/m n/m M y n/m »/n 31/ m
      1,444 words
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      Page 29 Advertisements Column 3
      283 29 EXBOBT 3 x Jopan -2 x Hongkong 1 xMonlo -1 x Koarfiiung, Kwhig tA»I»<WQ Kilo MCK/MAHA/gNOAI/CEIU/tCH S Jr ar bj? >5; m; «j; TiSP Lm| w w ii ju in; MfMMMi mtm U| aiT Ift |«JW| 1* M* litf lU> lUT AQUP m MJT- jDifl M ll» IM W IW
      283 words
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      848 30 wssa m Isttfoe lamp ram mu Imnwmoi mmm tmamm wnao* Iww luhwb USEm —±zzl —Z fl —Kg-—— r ¥-^=i= JHsaa! gg--5«—S2 —as ag m JUL- «®L vI *n a/7 3V7 HKOBTOWBS WWW I 11/7 I IW7 I I M/ 7 I t\h ith lnso«tCOTwmii wctmutm unuunu mmmdu m vkinmi tafah|ta|
      848 words
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      Page 30 Advertisements Column 2
      915 30 I NORASTZn IVW- w«N MO* LAB MOL VAL ALO NOT ANT KLU4A I M MMMMM jm Z7M IM7 lIM MW MM MM UM IM7 IMI MM I 2SI mm mm mm mm mm mm M 7 am am MM MM MT7-) 17*7 Ml Ml MM IVM tMI MM MM MM
      915 words
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      Page 30 Advertisements Column 3
      461 30 Direct Container Service; to Fangcheng Zhanjiang s Vessel S'pore Fangcheng 7h«n|k.n fr UANBAO 07/07 12/07 H/07 /VQffTRANS; TIL *>-*****67 FAX.AS-*****90 Mrfti-Psrpos* RO/L0 Carrier Acctptfeg: RO/KO, Rmap ftparity wfH4otms tkovy Uh ipto 615 torn If ktd Wk/UMm/Uim CUmb Ikf Ay State —f A* by*. W IWtT 27-18/1* 3MI/87 IMt/ITj Mb fay
      461 words
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      1090 31 O STRAITS SHIPPING PTE LTD 10 He« Chiang Road #11-01 Kappal Towars ii-i Singapof 0208 Tal: *****18 Fax: *****17 SAIAH 1 imm CONVIHTIOmt SERVICE JiMtNML COHKUtIIi SIWKI H?* 8L- I Ivcia vot liiQtfOKil nam m lfS>CTi mm |vm oi/o/ n/v auiiifta vhiiu oi/o? 03/07 SWAnSSa i VHIB 83/07 06/07 I
      1,090 words
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      Page 31 Advertisements Column 2
      1207 31 COIOWO/MMOr/NHAW SHTOk* ("VtA COUMmTI UQ/IM d BnUin t nvaarsnivwsiw ij raw 1 SS3SS °1T~" ZIZL--_ ST 1 H«-£S!%!2ZT*»,» «SfswXmms uZS+mtm 'J^avZ' 71 j SKET £S, -auitjuieraienßßVHiyuisMMßHw *mma W SS 88 SS SS iw -«u«»i«i»Hai«uuiiG«i«ii SB®"" £2 54 S.VSU K KS SS US uv Ho i SaslL. L. SS 3S SS
      1,207 words
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      Page 31 Advertisements Column 3
      268 31 pw° I»|w Ma TmTibi ImjT SMZ Ira \m 1«T m T 111/ M I|M IVM ||yn iyn i IS-H/frl a/St [oi'y Itwll ouwp Qg i tgi w m as owouM i <m h a i|| ggggMW um ij<n h/m am am mam tmnusn/oo warn am am mm \%m wab 41
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      1057 32 fl H I J I I I EUHOPI/W/SCAIIIXNAVIWIttAIIO/RUSJIA Mr ROM ANW HN TUP LHV UW THP ROM NM HM KL UP I m w wt an nn un e. quard Rt-tn oki tu w tA on vit I STSTS^Sf 17 M 2S/7 31/7 27/7 2V7 31/7 E. GROUP RE-044 4M
      1,057 words
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      Page 32 Advertisements Column 2
      893 32 VBSB VOTAM W M IN WIM Iff IH VBSH VOTAM DM AM DM MM MP I WCMOM MMR «w 01/07 law w \w mam mux* ivm i;/b io/oo u/o* 0~7 KIM MMMf IMK 11/0 l|M \W 12/07 UMCOKHT MOMMf ti/% 24/00 25/04 24/04 01/07 H •Al»aocMMnQFaaOoha.Shai)ah,JMlAlvMOutoal.Mui«l(MhaQitoooa). Mrfi Utoxl vM Pub*.
      893 words
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      Page 32 Advertisements Column 3
      519 32 awcifl II MAIMHEAOHCM (S) PTE LTD TEL: *****33 (12 UNES) FAX: *****16/*****03 TEL6X: R8 ***** MSMP P UnM) CW NO; **********06 t" ZL"~l Mta nrnuwsM>?mum ACCEPTING FCL AMD CONVENTIONAL >Swi Voy ITA IHmfcglT L. Andtort 40MB WOT Atoyot 49M8 10/08 I XKIHUMUNEf FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL
      519 words
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      Page 33 Advertisements Column 1
      671 33 I BSA a, i M MYANMA pHU FIVE STAR LINE vT (My—r Natiaaal Um) Li«l«| far Yh|n (Raafaaa) VB» VOT SM KG KM Kll 5* am mm in MWtt IWW 27/ M MALAYSIA AGBTTS: MRSTIAO SMfMNG AGOKKS ML IH 91-43-2417)00 PtL TH 92-03-*****01 POk TH 02-04-*****02 PGO: IE 02-07-*****21/4 j
      671 words
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      Page 33 Advertisements Column 2
      988 33 A HYUNDAI I MERCHANT MARINE CO. UP, WESTBOUND TO EUROPE BKOi *****61 PMA I PB PSD VPM/VBT WT SM W lAW lUa WMI oQ|| m N/W 20/ M 29/ M N.AMMM MIW 01/07 19/07 21/07 23/07 21/07 21/07 H/V 03/07 05/07 M/ 07 K OMUBKM 322W M/ 07 M/ 07
      988 words
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      Page 33 Advertisements Column 3
      415 33 v FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) I JttflHk ~J V KAOHSIUNck I V wmmmmmmmmmmmmmmmammmmmmmmammmmmmmmmmmmmmm P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 m QLOBEUMK FORWARDERS PTE LTD J fIHH TMLj 1Z***** (1S LIMES) FAX:
      415 words
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      1449 34 VIM«L VOV 5 jut vitgeL VOY 5 WN "SSia SSSSI! imm bmum mh yiaH Pt lim %\/fti JAMJ BHUM #711 Thy 127/00" M MAW »|V«ML voy «w jggZK -SS--g-=--g5-555r i.MAi6uA 15r--g5rM MAW BALTTCUM MB Wd In PI —I gg| mb Mm 01/07 lat 06/07 4 JAWU BHUM §718 Ty 02/07
      1,449 words
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      Page 34 Advertisements Column 2
      777 34 11 DUXTON HILL, SINOAPOM *****5 CR **********0N PORT KLANG ***jp* $KVICg PENANG wn* |wr at m |vma vot m m mt* ms smut vm\m Mum um s/vm ww 9km m T7/»wu w%n Bwu nam fcfowa mm a*w mum ton a/Mm xmw »um *m x/*M ami rnrv mi sww bww ttccMAfi
      777 words
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      529 35 Tropical L«. kl s«rvk*« f ASIA OCTAVO NARA J MAERSK9623 MAERSK962B I Poft Country 01/07 08/07 Ma City Mix* 04/06 11/08 Bridgetown Barbados 07/08 14/08 Carto 9« n a Colombia 06/08 13/08 Copies S». Lucio 06/08 13/08 Fort de Franc* Martinique 07/08 14/08 Freeport Bahamas 02/08 09/08 IGngtfon Jamaica 04/08
      529 words
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      Page 35 Advertisements Column 2
      648 35 PACIFIC INTERNATIONAL UNES (PTE) LTD 140 C«cM Street, 103-00 PIL Buidng, Singapom *****0. CR NO. **********06 I'l ft M > 11*1 p. BPiPiPßimrrm i Mm I 88S, BTJ -aa- g§ g S jyf mM M 4 8888 SB" m itft a «■> "i» M »a HE<M m AUO ACdPTMS AMt
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      775 35 **********0Z Tll,n «N MMETO LEHWffg HAMBURG THAMCBPORT ROTTERDAM AMmoiuj VB.LEOE NORMA NlWf 08/OT I 13W7 Z3/OT 24/OT 20/07 WOT 30/07 WLLEDCOTMH* HWX WW I 21/07 ***** 31/07 02/08 nryrw QMg 1 VLLE Dg LYRA jriSH WQ7 I 2BAJ7 08/08 07/08 08/08 10/08 12/08 |viI£OE*EIA VI6W 21*7 I 04/08 13/08 14/06
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      83 37 1 //"VISA FREIGHT SERVICES PTE LTD I st.ihlishcil Siikc 1 1 >S4 tin totm ri\.\\si\>/\r.\tio\ ni'oni I Kt (.111 M\ (i l\t )lll'.\t il I U LO.XSOI IDA I lO\ I MI'OK I N I M'OKI Si K\ K I S OCEANIA PORTS HICK I AMI SVPMY IiKISIVWI! Mi l
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      37 38 IP NEPLINE BERHAD New Feeder Service From S'PORE TO SIHANOUKVILLE Maiden Voyage M.V. Dragon Bali Voy 60N ETA S'pore Ist July '96 Singapore Agent: Neptune Agencies A division of NOL Singapore Agency (Pte) Ltd C.R. No. **********0E
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      116 38 I m s E C I Ll EAST WIST AFRICA SUU CONTAINER SERVICE sun n m »TI/H SU MR MNW/lOMTOIIMMM MPHWJ/M KM OMMMIKAOKTOIMWt WOOO PRODUCT SOUTH AFRICA SCRVKE awsM is it n on n HUM UIMAJKM SMO7 SU) SLO SID SU) SU) SID 75/0* 01/ V IMSMO3 «/V 11/ V
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      198 38 wsa votaw man 1 rarw 1 ra—i wmi votmi rasa raw ram JSog« tm nman h/mmh tz/imow ■»■>■—» ssos os/wem" m/insn h/ww BUM—I mhi w/ttmn BflMB ¥BUWPM «/***■> jgoogMi mb w/vtm POCT KRANO vpsa |vorm rasa ram msa |wmw raa ray' m—K tm v/wm u/vm mtmm |w n/mm I »msm
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      457 39 I VESSEL VOY^^SIN^^MAASINI 1 TIGER MUNO 446N 28-2&08 03-07/07 12-1307 I J TK3CR BRIOGE 446N 01-02/07 07-10/07 15-1407 I TIGER BAY 447N 06-OWJ7 10-14/07 19-2007 I TIGER WAVE 448N 08-06/07 14-1707 22-2307 I TKjER SLANO 448N 12-1307 17-21/07 20-2707 I [TIGERBRPGE 460N 16-Ifto7 21-2407 29-3007 I"vEBSir^^VOY^S»JCALS«ri ANDROSTAR 107 26-27/06 *****7
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      248 39 Sea EZ Land DIRECT CALL TO KARACHI IN 14 DAYS NEXT SAILING THOMAS MAERSK 961 s| CUT-OFF ETA SIN ETD SIN 25 JUN 96 26 JUN 96 26 JUN 96 0 2100 HRS BOOK NOW!!! HOTLINE: *****33 flmwH rum ro ill* ;B- BE ;g s gg s g CRYSTAL FREIGHT
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      84 39 &> ROHUO ROHUG jS) PIE LID ATTRACTIVE RATES TO ETA Deatkwtkm 01/07 08/07 Hamburg. Bremen •1/07 08/07 r>Hirtowi/London<k Other Porti 28/06 05/07 Johanneabwg, Durban, Pott Louto 29/06 06/07 Sydney, Meibome, Ftesnutte WEEKLY CHINA CONSOLIDATION VIA HONGKONG 90/06 04/07 HKG, Guangzhou, Qlngrfao, Global Capabilities Penooal Service S4AtataPaprMft«*nOaO(W323MOOHBS23IS33 WINSTAR SHIPPING PTE LTD]
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      Page 39 Advertisements Column 4
      1248 39 EVERY 6 DAYS Hedlkjyd Lines TO AUSTRALIA MHBAPQfIE PHONE (GENERAL) *****66 RATE ENOUIRICS *****4• 200 CFS (PHONE) *****10 CPS (PAX) *****23 iwm HwwMito I HH |H tad mi Aw* MM Mi MOSEL /1256 28/06 14/07 15/07 16/07 a* /3256 28/06 15/07 16/07 20/07 21/07 18/07 OOCL HOPE /5266 03/07 25/07
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      1297 40 F, 44 AS AGENTS: "K" UHI (MMQAEO—) FII LTD (attHWiWMWITMBH):HMH7MMI TQj *****77 TELEX KAWAKI R*****5 FAX: *****16/7/B£ W TV!? MALAYSIA: H" UMIMMTMi (MALAYSIA) HON BHD I M W*J TEL SA *****00 PK *****75 PEN *****20 JB *****01PGU *****25/6 MDONESIA: P.T. SARAMA LAUT MTVRNUSA, TEL JKT *****06 K f IIPVUi lit
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      1171 40 19 KffTfl tOAD ftMl JIT POH BUUMG SMGAfOKE 0890 SI mm (CI N0u*****9n000/W) CUSTOMHt SatVKI IM-1-225 DOOMBdItnON FAX *****44 WH CSeMIM HS-MM GBOALMX Ul-4-9H We Carry Your Qmfidenc, IAfiUWW :Jll-*4M TO NORTTW AMERICA 9l CANADA > WHY OOWPMNiM I ill MHWTI WTgrara Hgg M IwMaMWM mai uum ow Iwwl en
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      8 40 Singapore Business Giving you the winning a edge
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      Page 41 Advertisements Column 1
      1033 41 f IMPORT FCL/LCL CONSOLIDATION GERMANY/SINGAPORE Marshalling Forwarding Services (MFS) via Bremen and Hamburg Our staff at your service: Francis DID: *****54 Maria DID: *****75 Nicholas DID: *****77 Salha DID: *****71 mil c/A. "Tsasr" jm ligl aUrtm V 7X>JXA/<T-7 M/AT SUPER EXPRESS SERVICE TO SEA lAL SHIPPING AGENCY (S) PTE LTD
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      955 41 iaft« t M .ig|T|gg r i* ibiSß"i >i«q igal lla,-lal" l"l" I" ls.[gs,lgg*lt^ H.U as* SMI VM• MM ISJ7 MM IM7 tUt OCLRAM 42M MM I7M MM MM UM KM SS 55 SS 3S SS SS 82 MMAM 117* ISM llir IM7 SM7 ftH UM JIM- MLUIOM SS SS* TjjM
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      451 42 SAMUDERA INDONESIA fS) PTE LTD 15 McCALLUM STREET *03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****38 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LIME: *****41/*****43 JESSICA/CELIA ;^2HSE^ffIHBSM 7SLQS/WEEK 3slqs/WEEK r WME w? —m P® IWMiL ivoyiow isur SMAR NUSA 993 ffTPT 29/06 (SAT) LUMOSO EXPRESS 924 WPT 29/06
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      401 42 TO E. CANADA US ATLANTIC US GULF LOMNNQ VOY SPORC I PJOUMO* HAUFAX N.YORK NORFOLK N.ORLEANB SAVANNAH TAMPIOO HOUSTON HOEQH DRAKE 0436 OMI JUL lOS JUL 22 AUG 25 AUG 30 AUG 04 SEP 31 AUG 00 SEP 12 SEP HOEQH DYKE OM 20/21 JUL 114 JUL 00 SEP 00
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      Page 42 Advertisements Column 3
      190 42 FCL/LCL CONSOLIDATION SERVICE TO ASIA/F.E., EUROPE, USA, AUST, NZ, INDIA, S. AFRICA, MED., ETC. PHASE CAii: *****00 (16 UWIS) VIETNAM CONVENTIONAL SERVICE "DOOR TO DOOR- SERVICE Vg£ ETAS® iOOPWGFOt lATO TVU HAtrHONG NHAKONCM 30/0* NO CM MM Alto Accepting Cargo For All Otfwr Vulnomm Ports PHASE CALL: *****22 (8 UNIS)
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      579 43 X Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N ■111 Pi I Ifctß 8,1 a SI KKHiAUIN BOMBAY/COCHIN I VESSEL VOY I SIN BOM KOTA CAHAYA CAHIOO 30/00 00/07 MEKHANIK KURAKO MK2ON 03/07 11/07 VANESSA 07N 00/07 10/07 XOUR MA 000 00/07 10/07 RE6WAR HYICHEVSK SERVICE I VESSEL VOY
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      373 43 —I I- SIN FAR EAST 02/07 KEELUNG/KAOHSIUNG 30/06 BANGKOK 30/06 MANILA/CEBU 30/06 JAKARTA/BELAWAN/SURABAYA 30/06 PORT KELANG/PENANG/E. MALAYSIA 30/06 BUSAN 30/06 TOKYO/YOKO/KOBE/NGO/OSA 30/06 HONG KONG I SIM CHIMA 30/06 GUANGZHOU/HUANG Pll/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 30/06 LON/FLX/LVP/SOU 30/06 ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 01/07 LOS
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      Page 43 Advertisements Column 3
      582 43 MR SHIPPING AGENCIES (S) PTE LTD mm pott H CONTAINER SERVICE XD STAR UNE LID TH SHIPPING CORPORATION UPHONI: 220*6*6 (8 UNIS) FAX: *****70 fc *****12 gumnm tanaio3io«ooow) AMBKA/CARMUN SIRVW M |WT |M— |m |BTIM»I Wt I 1 IVM2M IM M/M LHHN 13/17 61/ M M/M 87/BB St/SB I (DUMM
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      Page 43 Advertisements Column 4
      803 43 (CB NOi **********0Q >■•>, I! NEfnjKBMC TEL (03) *****7% BOOMNOS HOTUNi TO. US. CANADA. UK/EUSOK. AUSTRAUA. MB 'Xfc'. •'A'• I K.L |03| *****33, NM, PAWTAN, HONGKONG, TANYAN, iAfAN V WV A' I 1 'Mif Ml M*NV. TMI 1-800-*****00 tSSr fO4) *****66, MMMNMMWCML 1-800-ÜBBIOO (TOU.-MM) ■NHRHHBH} J«w (07) *****42/3/4, OS mi
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      Page 43 Advertisements Column 5
      62 43 I TOKYO BIMMRI KAHIN CO PTR LjTD iHIJI 10 ANBON ROAD «30-06 jllM 11 kIINAI NJNAL PiAZA SWMEOSOt TEL: *****18 fS UNES) RAX: *****06 ft Z*****0 C/R; **********01 j_ SERVICE TO: FAR EASTAI i 30AXJ/9B) JAPAN, HOMO KONQ 02/07/06) USA i 01/07/96) MOtA, SURABAYA 28/06/96) HAIABURQ, ROTTERDAM SOUTHAMPTON i i
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      637 44 m SINO IXPRKSS SHIPPING (PTI) LTD. MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE *****7. m TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SiNOEX SINOTRANS tgANMAI (CONTAINER SERVICE) Also occepting conlamer cargo to: VBStl/VOY ETA SIN ETA HKG ETA SHA W/T HKG: Beiiwo. Qwwon, JINYU 9605/9606 27/06 01/07
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      Page 44 Advertisements Column 2
      805 44 I^AMHmcOUAINEB*INES,^I^^ A|HU: Hflt IP WML *****11 (24 IKS) kuchm* w I ~N-/\~ I wo. ill lIT V PCNANG:(M)6MOM BANQKOK 0U) 09NS7 tUMMM: P. WBLAWCk (M)3HM77 JK* <H)HO>W7IPIfc<»I)M4MI MMWttrMHW 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEN/PK SIM HONG KONG 26/6 27/6 mv "WAN HAI 211" V.N040 SYDNEY/MELBOURNE/ADELAIDE 28/6 29/6 mv 'OOCL ACCORD' V.107
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      Page 44 Advertisements Column 3
      361 44 ATTRACTIVE FCL/LCL RATES TO:.. Indian Sub-Continent Ports m MADRAS/ BOMBAY/ CALCUTTA/COLOMBO/ CHTTTAGONG NHAVA SHEVA «j |3E -b WENDER r: >NTAINER LINES. CJ QUIRIES BOOKINGS PLS CALL w TEL: 224 6744 MM O.K. LINE 4 FULL CONTAINER SERVICE S 1 PORE/JAKARTA wr sm jkt IN 3MB 02*7 TAMMNGVI 730W7310 93*7 K*7
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      108 45 JU 3 IKSCND: R Thundoratorm Temporatur. c A y Shower Woothor Wind dkection wrfti ipftd in knot* Rain W Cloudy Sky Wov On. ful drd* nprtMntt calm or ftght and variable wind* A— One half «eche repre*ent* 5 knot* J L— One fUI fteche represent* 10 knot* 4-» On# told
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      215 46 There was a further meeting today of the Senior Principals of the Far Eastern Freight Conference (Member Lines listed below) when they reviewed ail the trades. After their previous meeting on 24 May they issued the following Statement: Quote Lines wish to advise their customers in the trade between Asia
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