The Business Times, 26 July 1996

Microfilm: NL20622
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MIT A (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, JULY 26,1996 Hot
    14 words
  • Article
    MARKET SUMMARY
    61 1 Qsra 2127.38 (9.75) n STOMP M 3064.7* (-15.56) DS«ftSu4i4) rr ■abxetmoode mm BfM iHM milFT MIMCES Thursday Change KLSECOtfP 1M2.82 4.49 NIKKEI *****.84—+***** HANG SENG *****.97 >7.11 SET INDEX 1118.96 -25 02 JAKABXA OOMP. W8.45 4.28 MANILA COUP *87.25 +11.89 TAIPEI WPi. m1« 41.17 SEOUL OOMP 820.2$ -till
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  • Article
    FINANCE
    54 1 ""res a 081 i.4i( f- 1JM. 1M «n i i■ .I..S.50I w»— tot a. is I njn imi ...0. DI3. 0.061 POBIATO 8BVUPQBE* 144 KUALA LUMPUS _8.ll JAJUtTA 18.00 HAIWA Z..Z1—.148a ■DMHONQ 8.71 tAIPH IN SYDNEY— 10.71 tWCYO 180 WWL. 1100 WMar 4176 nuwratp- 4.5 LONDON— MS PVYORK A»
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  • Article, Illustration
    Lock icon Amcol put under judicial management
    714 1  -  Price Waterhouse values NTA per share at only one cent after making $386 m provisions Reportsby Conrad Raj [SINGAPORE] In a shocking development, listed Amcol Holdings was yesterday placed under judicial management following findings by its special auditors that its shares were backed by assets
    ARTHUR LEE  -  714 words
  • Article
    Audit finds questionable payments to Lochra, others
    475 1 Joint CEO, who got US$3OO,OOO, has not been contactable foraweek [SINGAPORE] Amcol Holdings' special auditors have found questionable payments to certain individuals, including a US$3OO,OOO (*****,000) payment to the company's joint chief executive officer, Lloyd Lochra, whom the company has not been able
    475 words
  • Article
    Lock icon Mahathir is down with common flu: source
    156 1 Reuter [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad is down with the common flu and not seriously ill as rumoured in the financial markets yesterday, a source close to the country's leader said. "Rumours that he has collapsed are not true. He is
    Reuter  -  156 words
  • Article
    Throwing good money after bad
    622 1  -  Lee Ban SMh says this may be best option for Pribadi and Sukamto Lee Han Shih WHY did Henry Pribadi and Sukamto Sia bid for new Amcol shares at prices ranging from $1.50 to $2, when the net tangible asset (NTA) backing of each Amcol
    622 words
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      Page 1 Advertisements Column 1
      119 1 mams v -i. N«dnDB«M| Excerpts of Alan Greenspan's testimony before the US Congress, Si iiiwifiire •ttket share but company Is expected to remafct the fcrCMM,#?;& Company if into the more lucrative service side of the business. But its core business remains tied to the tough PC segment. VsrtVsrttsprste* XapuMs riss
      119 words
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      Page 1 Advertisements Column 2
      72 1 Eaoacpta of Price Waterhouse report, Page 5 vh. PATEK PHILIPPE GENEVE WATCHMAKERS TO LADIES SINCE 1839 U<b« N.tuhH ftrf. 4700/51 Vairrmuuat to 60 Y»Uo« (oU lt-r.r.l t Roy Eastern Watch The very special place to buy a watch 101-86/88 *01-74 Lucky PUza 304 Orchard Road Singapore *****3. Tel: (65! 734
      72 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Bids for HDB residential sites below expectations
      568 2  -  Observers say this will farther weaken sentiment in private housing market By. Abdul Hadhi SENTIMENT in the private residential market will weaken further, market observers said after analysing the latest tender results for Housing and Development Board residential parcels. In the tender which
      568 words
    • Article, Illustration
      Lock icon Hot fight for China Sq food stalls
      430 2  -  Clarissa Tan DEMAND for a slice of the action at the new China Square mega hawker centre is running hot, with investors as well as food operators tendering for stalls. A total of 450 tenders had been submitted as of Wednesday for the
      JEN CHUA  -  430 words
    • Article, Illustration
      Lock icon More new businesses in first half
      324 2  -  EYE ON THE ECONOMY Company formation By 1 Teh Hooi Ling MORE new companies and businesses were formed in the first half of the year compared to a year ago, figures from the Registry of Companies and Businesses show. Altogether, 11,553 businesses sole proprietorships
      Source: DCB  -  324 words
    • Article
      Industrial show pumps up the volume
      287 2  -  Byi Goh Ken-Yi THE eight-in-one industrial exhibition at the World Trade Centre this week, the Asia Series Shows 96, is the biggest yet. Moneywise, the biennial event covering areas such as piping, filtration, power generation, heating, refrigeration and air conditioning is expected to pump
      287 words
    • NEWS Roundup
      • Article
        Singapore, Japan to further enhance ties
        61 4 THE foreign ministries of Singapore and Japan will strengthen political consultations over the next few months, their foreign ministers said yesterday after a meeting. Japanese Foreign Minister Yukihiko Ikeda, who arrived yesterday for a two-day visit, called on Prof S Jayakumar. The two ministers
        61 words
      • Article
        SingNet in deal for direct Aussie access
        81 4 INTERNET service provider Sing Net has linked up with its Australian counterpart Connect.com.au in a move that will result in faster Internet access between the two countries. With the direct link, traffic can be kept directly between Australia and Singapore without having to
        81 words
    • Article
      Sumitomo, Toagosei in 10b yen chemical ventures here
      326 4  -  By i Genevieve Cua JAPAN'S Toagosei Co Ltd yesterday said it had formed two joint ventures with Sumitomo Chemical in Singapore for an investment of about 10 billion yen (Ssl3l million) in acrylic acid and acrylic esters. The project is part of
      326 words
    • Article
      UOB cuts exec condo loan rates 2nd time in a month
      315 4  -  One-point paring of first-year rate to 4.5% likely to spark newronndofcnts By I Siow Li Sen UNITED Overseas Bank (UOB) has again cut the interest rates for its executive condominium (EC) loan package a move that could spark another
      315 words
    • Article, Illustration
      Lock icon APB's mascot 'Colonel' to retire after 50 years
      316 4  -  By, Jennifer Lien HE IS a familiar face to all who visit Asia Pacific Breweries' Tiger Tavern serving and entertaining guests passing through its doors. And yesterday, "Colonel" Yap Mook Yoong, 72, was the guest-of-honour at the tavern as 200 APB staff
      CHRIS LOH  -  316 words
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      323 2 Exclusive Limited offer for newmembers SThe World Gent re G/ul> To celebrate the grand opening of our new and upgraded member facilities, we are offering for a limited time, the opportunity to join WTC Club at the old entrance fee. Only $3,500 for Corporate and $3,000 for Ordinary Membership. Don't
      323 words
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      Page 2 Advertisements Column 2
      103 2 9. w«• v r fryy-j..«• ygjM*" v 'A HOPE °A AUCTION I SATURDAY 3rd AUGUST AT 2.30pm i HELD IN Berth your vessel at —T,ON MmrmM HARBOUR COVE mmm marine reso ßT f IWrLIV I I Moorings available to 120'. nvni RITlfiM Harbour Cove Marine Resort offers LAnlDl 1 I
      103 words
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  • Page 3 Advertisements
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      151 3 i BERTOLUCCI OUTSTANDING HAND-CRAFTED SWISS WATCHES The divers' watch from Bertolucci hints at the energy beneath totally water-resistant at 300 meters. No wonder it requires your elegance. Despite its exclusive bracelet and hand-crafted many months to make; like the man who wears it, the divers' movement this is an active
      151 words
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  • Page 4 Advertisements
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      269 4 Kuala Lumpur A MODERN BUSINESS CENTRE OF HISTORICAL SPLENDOUR MORNING DEPARTURE AT 8.35 AM TUE FRI SUN ADVANCE RESERVATION TICKETING FACILITIES AVAILABLE *v. >.V. mm jmMMm-Mmmwjm WITH YOU IN SINGAPORE SINCE 1954 IMW fsP n 1 ulKj I ftftß HOUSING LOAN RATES* FROM 1990 TO 1996 mmmm credit Posa rnrnmt
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      Page 4 Advertisements Column 2
      390 4 HSSaSPASIA'S PREMIER SHOW ON ROTATING EQUIPMENT, FLUIDS AIR HANDLING SYSTEMS, POWER GENERATION, POLLUTION CORROSION CONTROL AND HVAC A sia's premier show on rotating equipment, fluids ASIA'S LARGEST EXHIBITION conference on pumps an d air handling systems, power generation, corrosion controls and HVAC is the exclusive industry event not to be
      390 words
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  • THE AMCOL SAGA
    • Article, Illustration
      Lock icon Caught in a severe cash flow crisis
      1207 5 The following are excerpts of Price Waterhouse's interim report on Amcol's cash flow and asset value CASH Flow: without a properly managed Fu-nai-Sankei business, the group's only other core activity is property development. In this segment, the existing projects are either maturing or
      ARTHUR LEE  -  1,207 words
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      80 5 II With a worldwide team of 250 ■a network of international office*, OCRA provides confidential and I coat affective company formatton In all the major low tax araes 11 i including: rW Fu* Professional after sales services provided. For a FREE cxpyofour 100 page colour brochure or to arrange a
      80 words
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      Page 5 Advertisements Column 2
      220 5 .u BSS& J^ni ■nm |a|,^l I mm/- tej I KL fil 1 bl MIKISSIMES MOW i-CTS YOU? FfOEUP ENJOY FREE LEAI*E*>! 0 MIKISSIMES custom-made eyewear Only Our Mikissimes Design System gives big shots like you pain-free, one-of-a-kind glasses! And now, if you and your friend purchase the glasses through this
      220 words
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  • FOCUS: STATE OF THE US ECONOMY
    • Article, Illustration
      Looking out for inflation pressures
      2542 6 Excerpts from US Federal Reserve Board chairman Alan Greenspan's testimony before the US Congress on July 18 THE year 1996 has been good for the American economy. By all indications, spending and production were robust in the first half of this year. GDP increased at
      2,542 words
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      170 6 OLLLKL A i I7l>l?V7Uia TCE i' PjHßr In™ A mile wf ■•*•*%}fe=£ BUCKINGHAM RAL4CE FOLLOWING THE PHENOMENAL SUCCESS OF THE PHOENIX Wl, REUALIAN PROPERTIES ARE PROUD TO PRESENT BALVAIRD PLACE SWI Luxury features include: I 1,2,3,4&5 BEDROOM HOUSES Stu(e-of-(he-art air conditioning I ALL WITH AIR CONDITIONING I n Exclusive private
      170 words
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      Page 6 Advertisements Column 2
      27 6 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.
      27 words
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      83 7 3 I x jEB j: 4-kiF^. :&0? *j V* r a jffl£9HjL, J ,u |L V vHHt'' should I compromise? V" iBF' r fiTAfcQfcjwipotj^>^. .V| 2J :^^ft t "i' i! i HQ^« jt&Xm s '->>; ..,"< ZSJSV^ jmmS v j 4^/^ i j JI i §%i QwUCV i i i
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  • SOUTH-EAST ASIA
    • Article
      Lock icon BOT cuts sharply its economic growth forecast
      428 8 BANGKOK Weak exports this year seen restraining growth to 7-8% -its slowest pace in 10 years Reuter THE Bank of Thailand yesterday sharply cut its projection of Thai economic growth, predicting that weak export performance this year would restrain growth to its slowest
      Reuter  -  428 words
    • Article
      Lock icon Indonesia, M'sia in power plant project
      117 8 JAKARTA AFP INDONESIA and Malaysia plan to set up a joint venture to build a 1,200 megawatt coalgenerated power plant in Jambi, central Sumatra, Mines and Energy Minister Sujana said here yesterday. Mr Sujana said the venture would involve state and private companies from
      AFP  -  117 words
    • Article, Illustration
      Still divided on human rights
      565 8  -  ASSAM WATCH Differences may spill over Into Singapore WTO talks By Yang Razali Kassim A WEEK of dialogue between Asean and its key trading partners ended yesterday with both sides satisfied they did not flinch from tackling critical political, security and economic issues. But they
      565 words
    • Article
      Lock icon Privatisation helped save M$59.5b: govt
      223 8 KUALA LUMPUR AFP THE Malaysian government said yesterday it had saved M 559.5 billion (5133.81 billion) in the 13 years to the end of 1995 by handing over a total of 374 projects to the private sector. The private sector's entry into infrastructure and development
      AFP  -  223 words
    • Article
      Lock icon Suharto backing for PDI's new leader
      196 8 JAKARTA AFP PRESIDENT Suharto yesterday officially recognised the leader of a breakaway faction of the Indonesian Democracy Party (PDI) as the party's new chairman amid protests by supporters of his rival. About 1,000 supporters of ousted PDI leader Megawati Sukarnoputri gathered in the capital
      AFP  -  196 words
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      206 8 GET WIRED! [is! mkm, The Internet, a reliable carrier for your business critical company mail? is Hp Team WARE Mail 5 is the first commercial Internet mail solution from an established and credible e-mail software vendor. With advanced security features, a powerful mail client, message ■B 'j delivery and receipt
      206 words
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      Page 8 Advertisements Column 2
      29 8 -v Feeling 0 of out of your <■• depth w when it comes to aquarium care? o o Keep afloat with Aquariums, O every Saturday in The Straits Times Classified.
      29 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Retail sales pick up but consumers are still hesitant
      322 9 HONGKONG Spendingnponcars, food, clothing bat slnmp in luxury goods sector continues Reuter RETAIL sales are picking up in Hongkong, though the slump in the luxury goods sector continues. Retail sales for May totalled a provisional HK$l7.B billion (553.3 billion), a 5
      Reuter  -  322 words
    • Article
      Lock icon Money brokerages dominating China interbank market
      239 9 SHANGHAI Analysts Growth of special brokerages has sparked many irregularities Reuter CHINA'S financial reforms have created hundreds of special money brokerages, shortterm financial centres (STFC), that now dominate the local currency interbank market, analysts said yesterday. But they said the growth of the brokerages,
      Reuter  -  239 words
    • Article
      Lock icon China denies selling missiles to Syria
      157 9 BEIJING AFP CHINA'S foreign ministry yesterday criticised as "unfounded and irresponsible" a US newspaper report that it had sold missile technology to Syria. "The report on China's sale of M-ll missiles and its components to Syria is entirely unfounded and also irresponsible," said a
      AFP  -  157 words
    • Article, Illustration
      Lock icon Beefing up consumption
      35 9 [BEIJING] A truck transporting cows to a nearby abattoir yesterday. Beef consumption in China has risen sharply in recent years, with more people switching to Western-style meals of hamburgers and steaks. AFP
      AFP  -  35 words
    • Article
      Lock icon Thailand's growth forecast cut to 7.8%
      229 9 BANGKOK Bernama THE Bank of Thailand has lowered the economic growth prediction for this year from 8.3 per cent to 7.8 per cent, while the current account deficit is projected to be higher at 7.8 per cent of GDP from the earlier prediction of
      Bernama  -  229 words
  • Page 9 Advertisements
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      34 9 'SERVICED OFFICES at a prestigious location, RAFFLES PLACE •For foreign or local businessmen Digital keyphone system Professional secretarial support Efficient mailing/liaison centre Attractivel Why wait? Call us at tel: 538*1322 i International Executive Centre
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      Page 9 Advertisements Column 2
      155 9 Introducing The UOB-Saab Visa Gold Card A wiaatag hud. Yow UOB-Saab Vim QoM Card aho corfm upoa yo« I 9% ditMW oa Saab Original Service package. k fV ■PMH W-*■ the little touches i make K ■HH«ft( p* ""i This just happens to be a golden one." b* fe r
      155 words
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  • ASIA
    • Article
      BOJ quells fears by conceding need for easy monetary policy
      457 10  -  TOKYO Reassnrance sparks revival in Tokyo share prices; yen weakens against US$ By 'Anthony Rowley THE Bank of Japan yesterday conceded the need to maintain an easy monetary policy, in an apparent gesture to stabilise Tokyo's highly nervous and volatile
      457 words
    • Article
      Lock icon Jusen scheme ready to roll
      386 10 TOKYO New body which takes over their loan assets starts today Reuter A SCHEME to wind up Japan's failed mortgage firms is finally ready to roll, with a new body to take over and collect their loan assets opening its doors today, but analysts say
      Reuter  -  386 words
    • Article, Illustration
      Lock icon Hashimoto writes to Clinton to end trade disputes
      242 10 TOKYO Top officials to meet on Monday on opening insurance market Bloomberg Business News JAPANESE Prime Minister Ryutaro Hashimoto said yesterday he had sent a letter to US President Bill Clinton calling for a "political decision" to settle their bilateral trade disputes.
      Bloomberg Business News  -  242 words
    • Article
      Lock icon Wages consistent with inflation targets: minister
      92 10 ■CANBERRA Bloomberg Business News AUSTRALIAN Treasurer Peter Costello said wages figures are consistent with the central bank's targets and if maintained wiU mean interest rates may not have to be increased. The wages figures are "consistent with the targets that have been set by
      Bloomberg Business News  -  92 words
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      383 10 For Those Who Have Felt This Way About Foreign Currency Investment, Citibank Has A Way Out. Most people don't like to feel locked in, restricted, cornered, And you can switch, between a choice of 16 currencies, when you especially when it comes to their money. Hence, it's one of the
      383 words
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      Page 10 Advertisements Column 2
      18 10 Greenish PepplS!^^ I All-You-Cari-Eat; I I Teppanyaki I rrzi b y 'ir Nishiki Restaurant —LI Tel: 322 4224
      18 words
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Bundesbank keeps rates unchanged
        67 11 AFP (FRANKFURTI The Bundesbank defied financial markets yesterday by maintaining its key rates unchanged even while stressing that there was no threat of inflation. The bank held the repurchase rate at 3.3 per cent for the next month while its policy-makers are on holiday and the
        AFP  -  67 words
      • Article
        Lock icon Poorer EU states fight budget cuts
        70 11 Reuter [BRUSSELS] Poorer European Union states yesterday resisted a controversial plan pushed by founder-members France and Germany that would slash proposed 1997 expenditure and prevent for the first time a real increase in annual spending. Diplomats said a compromise was still within reach in
        Reuter  -  70 words
      • Article
        Lock icon Britain announces £4b aircraft orders
        33 11 Reuter [LONDON] Britain announced aircraft and missile orders worth some £4 billion ($8.9 billion) yesterday with British Aerospace pic and General Electric pic winning the prime roles. —Reuter
        Reuter  -  33 words
    • Article, Illustration
      A tale of two transformations
      530 11  -  WORLD VIEW While Russia's free market move has been patchy, Poland's has been dramatic By Kevin Sullivan THE International Monetary Fund rapped the collective knuckles of Russia's government on Tuesday, announcing that it will withhold the latest US$33O million (*****.6 million) instalment of a US$lO
      530 words
    • Article
      Lock icon TWA plane crash: Both black boxes found
      362 11 SMITHTOWN, New York Recovery seen as Ist major breakthrough in blast probe Reuter AFP BOTH flight data recorders from the TWA jetliner that crashed off New York's Long Island one week ago have been found in the first major breakthrough in the investigation
      Reuter; AFP  -  362 words
    • Article
      Lock icon Factory orders for big-ticket goods down 0.8% in June
      318 11 WASHINGTON Bloomberg Business News US FACTORY orders for big-ticket goods dropped in June for the second time in three months as demand weakened for aircraft, cars and industrial equipment. Orders fell 0.8 per cent in line with expectations following a 4.2
      Bloomberg Business News  -  318 words
    • Article
      Lock icon Fed seen still undecided about rates
      159 11 NEW YORK Reuter MEMBERS of the Federal Open Market Committee are most likely still undecided regarding tightening credit at their Aug 20 meeting, former Federal Reserve staff director and FOMC secretary Stephen Axilrod said. 'The members of the committee have not made up their
      Reuter  -  159 words
  • Page 11 Advertisements
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      164 11 OPEL VECTRA KrgreqeWi^fc^-MyfiiCVf^^oy, Now you can learn the art of control, from someone who's mastered the art of control. Be among the first 20 to test drive the Opel Vectra, and you'll be attending a golf clinic 50 persons to test drive the Vectra the official Hole-In-One-Car of the Canon
      164 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Viet factory's success is no fake business
      687 12  -  THE BOTTOMLIIIB OPINION By Harish Mehta The writer is a BT correspondent specialising in Indochinese affairs THERE was a time when gullible Vietnamese managers could be duped into believing anything. It left such a lasting impression that recently, a Russian businessman tried to
      687 words
    • Article
      IN OTHER WORDS
      151 12 'Somewhere between landing on the bestseller list and clinching a million-dollar movie deal, Joe Klein, who specialises in exposing the self-indulgent moral relativism of baby boomers, lost his way/ Bum on Joe Klein the author of Primary Colors, which became a raging roman a clef about the
      151 words
    • Article
      Taiwan's economy in the doldrums
      649 12 EDITORIAL POR some months now, the Taipei government has been trying to get the economy up to its usual speed again. So far, it is proving to be stubbornly difficult In May, the government forecast 6.17 per cent GDP growth for this year, only marginally
      649 words
    • Article, Illustration
      Lock icon High hopes for Russia;
      933 12  -  With Yeltsin reelected, neighbours hope faster reform will make Russia a nation with which they can do business By, Anthony Robinson Financial Times FOR much of its long and troubled history, Russia has felt surrounded by actual or potential enemies and been seen by its neighbours
      Financial Times  -  933 words
    • Article
      Ratio of landed sites in sales will fall
      423 12  -  IffATT.PAT Tan Yew Soon Assistant Director (Public Affairs) for Permanent Secretary (National Development) I REFER to Lee Han Shih's article Going for exec condos (BT, July 23). His conclusion that private developers have no choice but to go into executive condominiums is
      423 words
    • Article
      Shareholders will miss Jack Chia
      212 12  -  Denis Distant IT WAS a shock to read of the death of Mr Jack Chiarapurk, known to shareholders of JackChia MPH Ltd simply as "Jack Chia". We shall miss him at future annual general meetings (AGMs) of JackChia MPH Ltd and Bousteadco, where he deftly
      212 words
    • Article
      WHAT THE OTHERS SAY
      146 12 Toopjoo sor i ewe-mar THE Housing Loan Administration Corp formed to recover the outstanding loans transferred from the failed ;'usen home loan companies is starting work under the auspices of the Deposit Insurance Corp. It is headed by Kohei Nakabo, the former head of the Japan
      146 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      29 12 DOOMESBPRY By Gary Trudeau SAMAHTHA! COMe cSpMS TH&zlvß HOU {UARiUQS timDO HHKNeU HOME-PROM AHJAR, WBR&tT? CMZRA LON6 > YOUAL- UM... W/SMY QAPWtHOMei T&wT? smer- vmbago- 22)3 T wuu> NAM WW
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Fighting to be Lord of the Dance
      533 13 THEATRE Reuter [LONDON] Two warring bigbudget productions banking on the box-office charms of the Irish jig set to rock music are facing off in London to determine who is "Lord of the Dance". A show of that name opened on Tuesday to mixed
      Reuter; REUTER  -  533 words
    • CHATTER Box
      • Article
        Lock icon Travolta blasts Polanski over node scene
        74 13 Reuter [PARIS] Hollywood star John Travolta, who walked off the set of Roman Polanski's The Double, has accused the director in a magazine interview of wanting to make a cartoon rather than a film and of trying to make him appear naked in one
        Reuter  -  74 words
      • Article, Illustration
        Lock icon The lineup from House Arrest
        60 13 Reuter [LOS ANGELES] (From left) Kevin Pollack, Chris McDonald, Jamie Lee Curtis and Sheila McCarthy in a scene from the new movie House Arrest. The film is about a group of parents grounded by their children in order to work out their problems. Curtis, a
        Reuter  -  60 words
      • Article
        Lock icon Morissette blows Hootie off the charts
        78 13 NYT [NEW YORK] Hootie and the Blowfish have officially lost their status as the biggest new act of the '90s. Hootie and the Blowflsh's album Cracked Rear View has sold 9.03 million copies since it was released in July 1994. This week, Alanis Morissette's
        NYT  -  78 words
      • Article
        Lock icon Pearl Jam announces tour
        52 13 NYT [NEW YORK] Pearl Jam has announced that it has scheduled a tour, its first since cancelling a string of dates last summer following a dispute with Ticketmaster, the ticket distribution giant. The tour is to follow the release of the Seattle band's fourth album on
        NYT  -  52 words
    • Article
      Wild and confused brilliance
      895 13  -  David Gabriel guides you through the mine field of Italian wines DAVID GABRIEL WINE writer Oz Clark, in his book on Italian wines, contrasts the French and Italians. The French, he points out, have created wine styles which are carefully honed by long experience and exposure
      895 words
    • Article, Illustration
      Lock icon Indian cinema theatres are filling up again
      573 14 MOVIES Box office receipts up as novelty of satellite, cable TV wears off AFP [BOMBAY] India's movie moghuls are smiling again as the novelty of satellite and cable television wears off and viewers return to cinema halls. "People are coming to the movies
      AFP  -  573 words
    • Article, Illustration
      Lock icon Restoring MGM's once-mighty roar
      624 14 FILM-MAKING Fresh from a bid battle, Mancoso races to boost its TV, music and merchandising operations Reuter [LOS ANGELES] Prank Mancuso, armed with fresh cash from a familiar investor, is quickly setting about reinvigorating Metro-Goldwyn Mayer Inc's once-mighty roar. Having won the film studio last week
      Reuter  -  624 words
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      132 13 'Tflk Sm does take forget the stress 1 Wr another place to Bf m mS^. w the value on your considerate hr jj|||. o rare escape from 6<-'«y°»incomparable business support on demand. WBBm :^v "ffetaL mk Offers a choice of fine restaurants and supreme w location that saves you time
      132 words
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  • Page 14 Advertisements
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      141 words
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      Page 14 Advertisements Column 2
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      Page 14 Advertisements Column 3
      133 14 RBBg^ K#V«VVI CHINA CHINA MKM RESORT RESTAURANT Hong Kong Dion Xin Superbowl is ovoHobl* Golf Country dub 6 Marina Matt. All You Can Eat sinwowoifw ala carte radons, 322 4228 Choose from 46 mouth watering Rk *****10 ala carte dishes at prices that ore hard to resistl Lunch Dinner: $18.80
      133 words
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      Page 14 Advertisements Column 4
      120 14 Exclusive fj Residential [T] Acreage \vith72% dedicated parkland f *i ««««i§ Ihhbl i OPEN HOUSE 5 INVITATION Investing in Australia? :j! 24 Watten Rise g Find out what Australia has in store for you? Singapore *****2 t Mr. Jeremy De Zylva LLB Investment specialist Saturday 27th from our head office
      120 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      177 14 THE WEATHER > Singapore Fair. Temperature (33-25) A*a-raa«o a/U* OMi Europe RVU* (M flMwlrw BVLf CM Auckland 14*T7 Ooudy AaMerdaß 24/13 T*wm Adaou 27/22 UmZ Bm(M JV24 Tttni Atens 54/24 (loudy BamAn IVK 53 B#* K/2J Showerc Boil 21/12 Tslwii Ml 4 Cfaai 18/24 lloudy Boa 21/12 T*rm How** 27/24
      177 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      505 15 Where to wine, dine and entertain foonenao? OW>« PLAZA S»N<.ArO«» I 25 Scotts Road. Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 TjnCimitecC 'Feasting Mom P»»tt«o» CMmw RMturnt Mezzanine Floor Wlith over 60 authentic Sichuan dishes I like Limpet Abalone with Oyster |sauce. Marinated Pork Ribs with Honey Sauce A
      505 words
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      Page 15 Advertisements Column 2
      134 15 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, Please call our Customer Services Section on 1800-749-2577. 1 Where hg^fjf Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea
      134 words
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      Page 15 Advertisements Column 3
      127 15 DISCOVER SAVOURY AND #4 SWEET PRATA AT OUR 1 WEEKEND HIGH-TEA i■■ S The roti prata may take more mm than 100 forms. Both savoury and sweet. But none too challenging for our chef. So discover this favourite Indian bread along with delicious curries and other High-Tea items. Only at
      127 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      783 15 TV&RAPIO 3.00 News 5 Today. 10.00 Close. —~Sk 3JO Atlanta' 96 (Olympic Stu- 12.00 NN TV Innovations. n 040 AM Live from Atlanta: dio Report). 3.00 PMCDIS. Gymnastics (Finals). <y yy Secrets. 4.00 Natural Wonders of Eu 040 Atlanta '96: Tennis (De 440 Hey Singapore! (r). rope. w layed). uo
      783 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      278 15 CRYPTIC CROSSWORD 7 Broadcast it need not show restraint (9) j j j j 1 I I I found under the bridge JH__HL_JH by the billy goats (5) 110I 10 I I j HM 10 Regular study by good BB~ILJ—-TH~"~ man, a hard worker (8) 11 What the funny should
      278 words
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  • OLYMPICS 1996
    • Article, Illustration
      Lock icon Take that
      18 16 D^^nonat^hnimlk fth k hitting JaCOb Garda ofthe Virgin Islands durin 8 their 63.5-kg category bout. AFP
      AFP  -  18 words
    • Article
      Smith clears drug tests
      749 16 1 flftim ROUND-UP [ATLANTA] The trial by media of Michelle Smith appears to be over and she can go for a record-equalling fourth Olympic gold today with peace of mind. The rumour-mill was stilled yesterday when the International Olympic Committee said it had no positive drug
      749 words
    • Article
      Lock icon Ads get Net link to the Games
      541 16 But Olympic themes pose headache to Games organisers NYT [ATLANTA] Athletes are not the only ones that get to shine at the Olympics. The Internet is getting a chance, too. The Internet, which has exploded in popularity since the last Summer Games in
      NYT  -  541 words
    • Article
      Lock icon Smooth running at Hartsfield
      255 16 NYT [ATLANTA] While MARTA, the people-moving authority, is handling the heaviest traffic in its history, Hartsfleld International Airport is chugging along, with some days even lighter than normal. The heaviest traffic will come on Aug 5, the day after the Closing Ceremony, when Hartsfleld predicts a
      NYT  -  255 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1088 16 BUSINESS Notices m u>mktisk( aii roil -irii; ih<m>-74i ixx3 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF FLORASYNTH (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held
      1,088 words
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      Page 16 Advertisements Column 2
      722 16 M THE MATTER OF THE COMPANIES ACT. CAP. SO ANO M THE MATTER OP WELMOED TRADING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Ganaral Meeting of the member* ol the abovenamed Company duly convened and held at Unit 1-3 19F Pan Asia Centre 137 Wai
      722 words
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      Page 16 Advertisements Column 3
      712 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF JENUM ENGINEERING PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at2l Tuas Avenue 12 Singapore *****9 on the 17*
      712 words
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      Page 16 Advertisements Column 4
      832 16 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF SENTOSA GOLF CLUB (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the Final General Meeting of the members ol the abovenamed Company win be held at the Liquidators' Office.
      832 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Telekom rings in surprise 22% surge in profit
      321 17  -  AtiLfysts cite more calls, lower costs and good Hues growth far strong performance From Ruth Wong in Kuala Lumpur TELEKOM Malaysia Bhd surprised the market with a strong 22.3 per cent growth in net profit for the first half to M 5841.8
      321 words
    • Article
      Lum Chang to gain $18m from deal
      294 17  -  By] Diana Oon [SINGAPORE] Property group Lum Chang Holdings (LCH) has agreed to sell a 35 per cent interest in Solarvest Sdn Bhd, held through its Malaysian subsidiary Lum Chang (M) Sdn Bhd (LCM), to Kuala Lum-pur-listed Sime Darby Berhad. If the sale
      294 words
    • Article
      Cam aborts 2 initiatives
      114 17 [SINGAPORE] Cam Mechatronic has aborted two initiatives it disclosed on Wednesday, saying it was concerned that "information may have been utilised in an unauthorised manner and to the prejudice of the minority shareholders". The company, however, did not elaborate. In a statement yesterday, Cam said it
      114 words
    • Article
      Third-party unit trusts: what are local banks waiting far?
      773 17  -  HOCK LOCK SIEW Shiv Taneja ONE wonders what has kept the local banks out of one of the fastest growing consumer banking businesses in town the distribution of third-party unit trusts. Consider this: The six local banks have a combined network
      773 words
    • Article
      HPL, Genting abort Aussie accord
      183 17  -  By. Agnes Wee [SINGAPORE] Listed Hotel Properties Ltd and casino operator Genting International have terminated their memorandum of understanding to jointly build an AS2SO million (***** million) hotel and commercial complex in Sydney, Australia. Announcing this yesterday, Genting International said both parties "could not agree
      183 words
    • Article
      Bt Sembawang may launch Mimosa Terrace in 6 months
      351 17 10-15% of profit from units sold could be booked as current year earnings [SINGAPORE] Property development group Bukit Sembawang Estates Ltd may launch the first phase of its Mimosa Terrace project in Seletar Hills in the next six to eight months.
      351 words
    • Article
      Want Want to produce Japanese rice wine
      212 17 [SINGAPORE] Want Want Holdings is expanding its ricebased products, with a U559.35 million (5513.1 million) plan to produce the Japanese rice wine, sake. The Taiwanese rice cracker maker said here yesterday it had struck a joint venture agreement to produce sake in China.
      212 words
    • REGIONAL COMPANIES
      • Article
        IPC network system a first for China
        186 18 [SINGAPORE) IPC Corp said yesterday it had launched China's first and only electronic commerce system solutions and value-added network services, in Shanghai. The project, Shanghai Commercial Value Added Network (SCVAN), was implemented by IPC subsidiary Shanghai Shared Data Network Company (SSDN). The project
        186 words
      • Article
        Diperdana falls M$1.45 as trading resumes
        296 18  -  Restructuring partner Konsortinm Perk&p&lan gains M 51.70 Hy R Sivanithy [SINGAPORE] Malaysian container haulage firm Diperdana turned in a disappointing performance when it resumed trading yesterday after its recently announced M 51.144 billion (*****.24 million) restructuring with Konsortium Perkapalan, brokers said. Against a backdrop
        296 words
      • Article
        San Miguel profit falls 19% despite rise in turnover
        340 18  -  First-half fall blamed on weak demand, high material costs From, Al Labita in Manila LISTED food and beverage conglomerate San Miguel Corp (SMC) yesterday reported a 19 per cent drop in profit to 2.41 billion pesos (Ssl34 million) for the first
        340 words
      • COMPANY Briefs
        • Article
          Central Depository to open on Saturdays
          75 18 [SINGAPORE] The Central Depository said yesterday it will open on Saturdays from 9am to 12:30pm. Services provided include the opening erf securities accounts, updating of particulars and depositing of share certificates. The Stock Exchange of Singapore also announced that authorised trading centres at selected
          75 words
        • Article
          Sunright to buy Lek Sun stake
          69 18 [SINGAPORE] Semiconductor services company Sunright will buy a 30 per cent stake in the Malaysian operations of precision component group Lek Sun for M 52.3 million (S|l.3 million). It has also secured an option to buy up to 30 per cent of Lek Sun's
          69 words
        • Article
          Liang Court secretary resigns
          21 18 [SINGAPORE] Liang Court Holdings announced yesterday that Kevin Tan, the company secretary, resigned with effect from today.
          21 words
        • Article
          103% subscription for S'pore Re rights
          56 18 [SINGAPORE] Singapore Reinsurance Corporation received acceptances and excess applications for just over 29 million rights shares at the close of its rights issue on July 22. The response represented a subscription of about 103.5 per cent. Acceptances were received for 27.2 million rights shares
          56 words
        • Article
          Lock icon KYM gets nod for M$11m acquisition
          49 18 Bernama (KUALA LUMPUR] KYM Holdings Bhd, formerly known as Polypulp Paper Industries Bhd, has received approval from the Securities Commission and the Ministry of International Trade and Industry for its proposed acquisition of HasratMeranti Sdn Bhd for M 110.93 million (516.21 million). Bernama
          Bernama  -  49 words
      • Article
        CWT Distribution buys 51% of Globelink group
        125 18 [SINGAPORE] Warehouse operator CWT Distribution has acquired 51 per cent of local freight forwarding company Globelink Forwarders and its subsidiaries for $3.61 million. Globelink, incorporated in Singapore in 1964, is one of the Republic's largest freight forwarding companies. It has eight subsidiaries scattered
        125 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Unisys' 2nd qtr profits plunge 87% amid revamp
        296 20 Reuter [BLUE BELL, Pennsylvania) Unisys Corp said on Wednesday profits plunged 87 per cent in the second quarter as it was undergoing a major restructuring and a tough transition to a new generation of mainframe computers. Net income in the three months
        Reuter  -  296 words
      • Article
        Lock icon Planet Hollywood's Q2 earnings jump 21% to US$11.1m
        416 20 Plan for restaurant, retail complex in NT's Times Square Bloomberg Business News [ORLANDO. Florida] Planet Hollywood International Inc said second-quarter earnings rose 21 per cent, spurred by the expansion of its celebrityrestaurant chain, and it plans to build a music-themed restaurant and
        Bloomberg Business News  -  416 words
      • Article
        Lock icon IBM gain down 23%, but result better than expected
        501 20 Analysts see second quarter performance boosting sagging technology sector on the stock market Reuter [ARMONK, New York] International Business Machines Corp said yesterday it earned US$l.3 billion (Ssl.B billion) in the second quarter and though the results were 23.5 per cent
        Reuter  -  501 words
      • Article, Illustration
        Lock icon Philips suffers big Q2 loss, plans to cut 6,000 jobs
        424 20 Group warns of lowo* fall-year result from normal operations Reuter [EINDHOVEN, Netherlands] Dutch electronics giant Philips posted a big second-quar-ter net loss yesterday, announced plans to cut 6,000 jobs at its sound and vision business and warned of lower fullyear
        Reuter; Source: Bloomberg  -  424 words
      • Article
        Lock icon HK Telecom raises local tariffs by 3.5%
        140 20 Reuter [HONGKONG! Hongkong Telecommunications Co Ltd said yesterday it would raise its local service tariffs an average 3.5 per cent effective Aug L The charges would be raised on about 90 local services and products and cut on 30, while 180 would be
        Reuter  -  140 words
    • FINANCE & COMMODITIES
      • Article
        Finance companies' earnings up 31% in 1995
        341 21  -  Shareholders' funds rose 24% to $2.6b npfroms2Jb at end-1994 Byl Shiv Taneja [SINGAPORE] Finance companies saw a 30.9 per cent increase in net profits to $272.3 million at the end of 1995, according to data compiled by the Finance Houses Association of Singapore.
        341 words
      • SMALL Change
        • Article
          Lock icon Indon power firm's 1 trillion rupiah bonds
          74 21 Reuter [JAKARTA] Indonesia's state electricity power firm PT Peruaahaan Umum Listrik Negara (PLN) said it will launch one trillion rupiah (SI6OO million) worth erf five-year straight bonds in late July. The issue will be offered in two tranches. PLN said in a brief
          Reuter  -  74 words
        • Article
          Lock icon Affin merchant bank's rating upgraded
          72 21 Reuter [KUALA LUMPUR) Rating Agency Malaysia Bhd(RAM) said yesterday that it was upgrading the long-term rating of Perwira ABIn Merchant Bank to A 1 from A 2. RAM also reaffirmed the short-term rating of PI for the merchant bank "The key fectors underpinning the upgrade
          Reuter  -  72 words
        • Article
          Lock icon Nova Scotia completes Inverlat purchase
          70 21 Bloomberg Business News [MEXICO CITY] Bank of Nova Scotia said it completed the acquisition of a 10 per cent stake In Mexico's fourth-largest financial group, Grupo Financier© Inverlat SA, for U5531.25 million (5944 million). As part of the transaction, the Canadian bank also said It
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Bankers Trust hires four for Latin unit
          63 21 Reuter [NEW YORK] Bankers Trust New York Corp said on Wednesday it hired four recruits to its Latin American equities business. The firm said Paul Wargnier joined it as managing director and product manager for Latin American equities. He was previously head of
          Reuter  -  63 words
      • Article
        Lock icon Commerzbank posts 47% rise in 1st-half operating profit
        231 21 Reuter [FRANKFURT] Commerzbank AG, Germany's third largest bank, yesterday reported a 47 per cent rise in operating profit in the first half of 19%, driven by growth in lending and buoyant trading and commissions. The bank said it made a group operating
        Reuter  -  231 words
      • Article
        Lock icon International Bank of Asia profit up by 23%
        153 21 Reuter [HONGKONG] International Bank of Asia, one of Hongkong's leading retail banks, said on Wednesday profit attributable to shareholders for the first half of 1996 had increased 23 per cent over the same period last year. Profit attributable to share- holders for
        Reuter  -  153 words
      • Article
        Lock icon National Australia Bank's Q3 profit growth slows
        432 21 Largest Aussie bank hit by tough trading conditions, tripling of bad debt charges Bloomberg Business News (MELBOURNE] National Australia Bank, Australia's largest bank, said its net profit growth slowed to 2.6 per cent in the third quarter due to tough business conditions in
        Bloomberg Business News  -  432 words
      • Article
        Thai melamine products maker raises US$20m
        184 21 [SINGAPORE] Srithai Superware, a leading Thai maker of thermoset melamine and thermoplastic products, has raised US$2O million (Ss2B million) from the Singapore-based Asian dollar market. The five-year syndicated loan, with interest at 0.7 per cent above the London Interbank Offer Rate (Libor), was provided
        184 words
      • Article
        Lock icon Kloffe introducing new incentives to increase trading activity
        382 22 Locals will be offered concessions on exchange fees and brokers' commission Bernama [KUALA LUMPUR] The Kuala Lumpur Options Financial Futures Exchange (Kloffe) will launch new financial incentives for locals from Aug 1 to encourage them to participate in the market and improve
        Bernama  -  382 words
      • Article
        Lock icon US monitoring high consumer debt
        266 22 Reuter (WASHINGTON] High consumer debt, rising late credit card payments and a possible record number of personal bankruptcies need watching but the banking industry is strong enough to absorb any shocks, regulators said on Wednesday. Banking regulators told a Senate sub-committee they were monitoring the
        Reuter  -  266 words
      • Article
        Lock icon Sumitomo may unveil copper loss report in Nov
        527 22 US bill introduced in House to give CFTC more authority Reuter Bloomberg Business News [TOKYO] Trading house Sumitomo Corp plans to reveal the outcome of its internal investigation into its huge copper trading loss in November, when it announces its earnings results
        Reuter; Bloomberg Business News  -  527 words
      • Article
        Lock icon Euroyen, JGBs end off highs
        230 22 SOKELReport Reuter {SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures ended off their highs, after tracking fluctuations in the Nikkei stock index all day. The December Euroyen contract ended at 98.80, three ticks off its high and against its previous CME close at 98.78.
        Reuter  -  230 words
      • Article
        Lock icon CURRENCY REPORT
        164 22 Reuter AFP London THE dollar lost one pfennig after the Bundesbank failed to announce a widely-expected cut in the repo rate. During the next four weeks while the German central bank takes its summer recess, the repo will be fixed at 3.30 per cent. The market had priced
        Reuter; AFP  -  164 words
      • Article
        Lock icon Oil up on pipeline leak in Nigeria
        314 22 ENERGY REPORT Reuter [LONDON] World oil prices edged higher yesterday as Anglo-Dutch oil giant Shell said a pipeline leak in Nigeria forced it to reduce output for a third time in as many weeks. World benchmark Brent Blend crude oil futures for September
        Reuter  -  314 words
      • Article, Illustration
        Untitled
        1288 22 1MTBRBAWLCE0SSKATBS JvU25 z z z £g*ss zzz aixx& J J &mm M* Canada 0.923 4072 0.576 3.673 1.084 5.635 25.995 16.976 0.718 1925 1314 1048 ***** 19.083 1031 3227 0J84 20.053 18.431 1469 0.729 CMM 0.152 0.145 0.095 0309 0.179 0.928 428! 2.796 0.130 0.976 <1299 1173 4247 1143 1170
        1,288 words
    • Article
      COMMODITY PRICES
      1750 23 UUUMWfTUm Jul 25 i NOOCKtehrwdaitaa •»*»-*>»•) I RSSICONTIACTOcMtaAf) Closa Vo4wm Opan MwMi Hljb Law Satt (taana«) Hrtartit A««M 190.00 ***** 190.00 ISO 275 S96 193.00 ***** 191.50 215 900 H 194.50 192.50 192.50 150 3525 ItovH 194.50 I99L50 192.50 150 3525 OK 96 ***** 192.50 192.50 150 3525
      1,750 words
    • Article
      WORLD STOCK MARKETS
      2328 23 LOMOOM s y MntiMi MM tact A. A. Corp Adr 573/4 unch AB Ports 262 »2 Abbey National 549 6 AIM Lyons 430 3 w unch 346 Asda Group 1141/2 -3/4 BAT Ind 496 5 BKC 315.840 .940 BOC Group 917 *5 BR Petroleum 506 -1 BTR
      2,328 words
    • Article
      Lock icon TOKYO
      1669 23 Reuter HNitta23S tgHLffl STOCKS closed sharply higher yesterday due to arbitrage-linked buying on the back of stronger futures. But dealers said the rise was a technical rebound after Wednesday's plunge, and the upward momentum will be limited by lingering worries about a rise in interest rates. The 225-share Nikkei
      Reuter  -  1,669 words
    • Article, Illustration
      Lock icon HONGKONG
      1714 24 Reuter d Hang Seng +7JI STOCKS ended barely changed yesterday, unable to rebound from Wednesday's huge losses as Wall Street's volatility kept investors sidelined. The Hang Seng Index rose 7.11 points to 10,706.97 after sliding 165 points on Wednesday. Turnover was HK53.34 billion. "I think people feel there is
      Reuter  -  1,714 words
    • Article, Illustration
      Lock icon CHINA
      631 24 Reuter n Shanghai B Shire Index +OJ>4 SHANGHAI'S B shares ended sharply higher on selective buying from both domestic and overseas institutions due to a good performance by Shanghai Lujiazui. The index rose 0.54 point to 51.11 on volume of 9.1 million shares worth US$3.6 million. Recent support buying
      Reuter; Source: Credit Lyonnsais Securities (Asia) Ltd  -  631 words
    • Article
      Lock icon TAIPEI
      363 24 AFP QWP Index -8L67 STOCKS eased as bargain hunters took profit by selling construction and financial issues. Small investors dumped construction and financial stocks following the two sectors' robust performance in the previous sessions. The Weighted Price Index slid 61.67 points to 6,034.07. Turnover was 1.10 billion shares worth
      AFP  -  363 words
    • Article, Illustration
      Lock icon JAKARTA
      754 24 AFP |3 Composite Index -£28 SHARE prices closed lower as trading was focused on the debut listing of Fiskaragung Perkasa and speculation in property stocks. "The whole region is weak and I think Indonesia is looking vulnerable with many fund managers saying that we have one of the highest
      AFP  -  754 words
    • Article, Illustration
      Lock icon BANGKOK
      841 24 AFP ClSETlndei -25.02 SHARES prices fell 2.2 per cent amid expectations of poor second-quarter company results and worrying monthly economic indicators. "Investors were selling in advance of the Bank of Thailand announcement this afternoon and the figures are a disappointment as expected, with exports and the current account and
      AFP  -  841 words
    • Article
      Lock icon MANILA
      359 24 AFP Q Manila +1L8» STOCKS rose as bargain hunters entered the market in late trade. Trading was sluggish because investors were still concerned over a possibility of an interest rate hike in the US. The Composite Index rose 11.89 points to 3,087.25. Turnover was 4.915 billion shares worth 2.894
      AFP  -  359 words
    • Article
      Lock icon SEOUL
      427 24 AFP □Compositelndex -1119 SHARE prices fell amid renewed concerns over the economy, with blue chips under increasing selling pressure,. The Composite Price Index closed down 12.19 points at 820.29. Turnover was 20.8 million shares worth 461.5 billion won. Falls beat risers 512 to 315 with 105 unchanged. Blue chips
      AFP  -  427 words
    • Article
      Lock icon SYDNEY
      625 24 AFP PAH Orfaariea +L 2 SHARES rallied after a recovery on Wall Street and reassuring wages data but investor nerves returned in the afternoon and the market closed just 0.1 per cent ahead. The All Ordinaries Index, finished 1.2 points higher at 2,115.1. Turnover was 303.21 million shares valued
      AFP  -  625 words
    • Article
      Lock icon WELLINGTON
      280 24 Reuter Q Wellington *4J> SHARES ended firmer on improved turnover, assisted by a sharp rally in bank bills and bonds. The NZSE-40 Capital Index ended 4.99 points higher at 2,100.84 on turnover worth NZ554.9 million. Reuter 1 rmm AN2 Bonking 7.20 0.19 ***** Advantages HMgs 1.S4 unch 3600 Air
      Reuter  -  280 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares fall as rate rise fears linger
        7729 25 Bloomberg Business News DOnpoatflladg -3.40 STOCKS fell for a fourth day yesterday amid concern that the economy is still growing fast enough to force the central bank to tighten credit. "There are fears of further tightening; that the economic indicators may turn down,"
        Bloomberg Business News  -  7,729 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2338 26 MALAYSIAN STOCKS Or Or 1996 Last Val Day Last Ooota Mir Otv YM Mat M Cap High Law Stwa Campawy tat* fOOCI HH> Lao Bwyar Utm C*w P/I M 625 364 m s 5000 AIS8 50c 384 jc -2 15 3M 384 384 3S8 5.0 4.9 0.4 793
      2,338 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1208 27 TURNOVER COOO) VALUE ('OOO) M»tn Cut TIM HOI ci» Ttm MMI>5 18.130 13,207 31.337 62,tt9 25.714 87.835 Fkvanct 6,334 3.959 10.293 46.055 10.624 56,679 Mot»H 991 195 1.176 3,749 319 4,064 Pr<*«rtt«i 4,421 8,458 12,879 17.565 11.420 28.985 Plantation 722 722 1.882 1,882 MMnq 249 249 709 709 8LW 5.764
        1,208 words
      • Article, Illustration
        HOT STOCK
        78 28  -  %l Paul Leo PUBLIC BANK foreign tranche fell one cent to 52.74 yesterday on a volume of 1.15 million shares -five times the lOday average of 230,900 units. But discounting two married deals 500,000 and 397.000 units at 52.79 and 53.76 each respectively, Uis not so bad. However,
        78 words
      • Article, Illustration
        M'sian stocks worst hit as early rebound fizzles out
        900 28  -  STOCK MARKET COMMENTARY Shares dampened by rumours abont Mahathir's health; traders say worst not over for market as selling pressure is expected from fond redemptions By R Sivanithy [SINGAPORE] An early rebound yesterday which took share prices higher across the board
        900 words
      • ON THE GRAPEVINE
        • Article
          GUESS? who?
          103 28 SEEMS the initial public offering of US retailer GUESS? has not excited Singapore investors although it is hugely popular in the United States. "Compared with Planet Hollywood and Donna Karan, where I was bombarded by requests for shares from local brokers, I did not get one call for
          103 words
        • Article
          Head in the clouds?
          112 28 MR KENNY GOH, newly-elected president of the National Association of Travel Agents, may have had his head in the clouds or there was something deeper in the analogy that he was using at a conference on the national tourism plan. On problems facing the industry, he
          112 words
        • Article
          Change at JP Morgan
          36 28 ADAM HOWARD, managing director at JP Morgan in Hongkong, has relocated to Singapore. But contrary to a report in Asiamoney, the Hongkong-based bond team which he headed, is not moving with him.
          36 words
        • Article
          More MRCB restructuring?
          97 28 MALAYSIAN Resources Corp Bhd's executive chairman Datuk Khalid Ahmad last week said that the company intends to go into the trading business and will only concentrate on activities that will add to its coffers. One Kuala Lumpur-based stockbroking house reckons the statement may presage a divestment of
          97 words
    • Article
      MAIN BOARD
      4586 27 or Of mm 1996 ft Vel Oey LMt Ouolt OIy Otv YM Net Cap A»q Hlqh Low StNo Company Salt COOOt J*l«h Lew Bwyer Mw -fw W 9mU trie* INDUSTRIALS 5146 ASE NTS10 200 US- 214 165 1258 AcerSOc US181 -1 17 181 178 178 181 5.ON 7.5
      4,586 words
    • Article
      SESDAQ
      892 27 Or Or mm ItN Laat Vat Oay Laat Owata Mv W» YM Mat Cm A«« Mfk Lot StNa Cimnwy tat* COOO> M*«* Law 8wyar Sattar On gg >m» Prtca 289 200 a 2000 A BR HKMsSc 205 *4 JO 205 200 205 213 3.0 Mi 0.1 128.1 912 228
      892 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      98 17 Testing the limits It's a testing time for Singapore's property and construction industries. Property is having a bumpy ride, while construction is venturing into new areas. See the new Directions for the full story. The July/August issue r 6 OllrAP JVC also features essential UUvCI information on: UlTlitS Photography trends
      98 words
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      Page 18 Advertisements Column 1
      419 18 AMCOL HOLDINGS LIMITED Trust Deed dated 4 May 1993 (the "Trust Deed") between Amcol Holdings Limited (the "Company"), Golden Bay Realty (Private) Limited (the "Guarantor") and HSBCTrustee (Singapore) Limited (the "Trustee") constituting S$ 100,000,000 5 per cent Bonds due 1998 of Amcol Holdings Limited guaranteed by Golden Bay Realty (Private)
      419 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      510 19 Ultra Compact Ingenuity Weighing just a mere 450g and a size so compact that it can easily slip into your pocket or purse with minimum fuss, JVC's new GR-DVI CyberCam is indeed the smallest and lightest camera the Yet its ultra compactness, the CyberCam is packed with a host of
      510 words
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      Page 20 Advertisements Column 1
      331 20 I The Chartered Institute of Marketing 11 I EXECUTIVE MARKETING I PROGRAMME (EMP) I fHE POST-GRADUATE I DIPLOMA IN MARKETING awarded by The Chartered Institute of Marketing (UK) I Taught by SENIOR II SMALL GROUPS J| j J For further details on programme and entry criteria, II CALL: 325 4628
      331 words
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      Page 20 Advertisements Column 2
      114 20 MORE SHOW FOR LESS DOUGH. The EPSON EMP-3300 J A $-13,999 <t f\f\f\ Price includes A/C cable. H I I Videos cjMe. AV cable 9.25 H B B ptn serial adaptor Macintosh B U adapter, remote control unit, batteries, and IMF communication kit. o# CST Brightness: Up to 400 Lumens
      114 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      212 21 L S? J (Ruf) M I 160 X 200 cm M JH. ncludes mattress Si bedspread I [cushions optional) I I Accessories Not Included I jUIC Jsual Price *****6 00 Price *****8.00 Arizona i W 160 X 200 c rr t Includes mattress bedspreac (cushions Accessories Not Includec Usual Price
      212 words
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      Page 21 Advertisements Column 2
      795 21 =s= Den norske Bank asa PROFIT AND LOSS ACCOUNTS BALANCE SHEETS Amounts in NOK mHlpn IM6 1994 Amounts in NOK million 31 Dec. 1995 31 D5c.1994 interest income and similar income ***** 11 647 ASSETS Interest expenses and similar expenses 7 411 6 903 Cash. Postgiro and deposits with Norges
      795 words
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      Page 22 Advertisements Column 1
      248 22 7" 7 I J V k". X V'/ Agfir •VTV- fJF Eccentric silver plated ball Jr iJr poinpen. B V LG A R I Bangkok Singapore Kuala Lumpur Jakarta Grand Hyatt Erawan Hilton International Shangri -La Hotel Grand Hyatt 254 6325 737 1652 201 8919 326 661 Roma Milano Paris
      248 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      40 24 Bp Exclusively from: Hua Shi Fine Art Gallery i —jl__ —Je (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
      40 words
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      Page 25 Advertisements Column 1
      30 25 For real- time stock information, call Quick Stock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      30 words
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      Page 25 Advertisements Column 2
      57 25 m I YOUR NEXT WATCH I PATEK PHILIPPE 9 I Rare and Unique I 1 I PATEK PHILIPPE TIMEPIECES I 1* A by dedicated Old Masters. 9 I Now available in limited numbers. I X i[)i ai ci r iir\M()* us S H tS»*a (ptm) £td. I fl Wk Rare
      57 words
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      Page 26 Advertisements Column 1
      55 26 Chronograph watchm Nantucket Time makes the difference. DICKSON WATCH 6- JEWELLERY (S) PTE LTD IA wholly owned jub*d*ry of DICKSON CONCEPTS UMTTEDI 391 A Orchard Road Ngee Ann City #17-06 Singapore *****3 Available at: DICKSON WATCH JEWELLERY: The Promenade. Centrepoint. Suntec City. HERMES BOUTIQUE: Liat Tower. Daimaru. Takashimaya Also available
      55 words
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      Page 27 Advertisements Column 1
      123 27 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong Leong Finance
      123 words
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      Page 27 Advertisements Column 2
      137 27 iTo: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting 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 Ql2 months Q 6 months Q 3 months at 5560.00 at
      137 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      327 28 BUSINESS Notices 1(> \n\iu i i s i: < \i i i <>i i. -1 ui: i ixoo-7-m 1x x FORM 69 (4) NOTICE OF DIVIDEND Name of Company Perrodo Services Engineering Consultancy (S) Re Ltd (In Liquidation) Name of Liquidator Robert Yam Mow Lam Address of Registered Office do
      327 words
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      Page 28 Advertisements Column 2
      345 28 NOTICE NOTICE IS HEREBY GIVEN that, I LIU GUO HONG of Blk 580 Pasir Ris Street 53, #04-05 Singapore *****0, have applied for a Public House, First Class Licence in respect of M/s Pu Dong Kitchen located at 271 Bukit Timah Road, #81-02 Balmoral Plaza Singapore *****8, and that this
      345 words
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      Page 28 Advertisements Column 3
      350 28 NOTICE NOTICE IS HEREBY GIVEN that. I Chang Kia Pong of Blk 572 #10-3377 Ang Mo Kio Ave 3 Singapore *****2, have applied for a First Class Public House Licence in respect of M/s Summer Inn (TP) Restaurant Re Ltd located at 53/57 Tras Street Singapore *****2, and that this
      350 words
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      Page 28 Advertisements Column 4
      430 28 Singapore Closing Share Prices 25/07/1996 CLOSE PREV LOW HIGH slllf# US$ uss uss uss All If# Jardine Matheson 6.10 6.10 6.10 6.25 WBSSSfI Jardine Strategic 2.96 2.86 2.00 2.06 L XHSSf J Dair y Farm 76 76 0.76 0.80 Hongkong Land 2.14 2.20 2.14 2.18 Mandarin Oriental 1.35 1.32 1.20
      430 words
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      Page 28 Advertisements Column 5
      402 28 NOTICE IS HEREBY GIVEN tot, I GOHKLANSENG of Blk 428, Hougartg Ave 6, #12-14, Singapore *****8, have applied for a Wholesale Liquor Shop Licence in respect of M/S Qing Kang Trading located at 181 Jalan Pelikat,Singapore *****2, and that this application will be considered by the Liquors Licensing Board on
      402 words
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      Page 28 Advertisements Column 6
      5 28 MORE NOTICES ON PAGE 16
      5 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      312 29 Knight-Ridder Reuter A WEARINESS settled over the market with even the US Gulf Panamax market appearing to be running out of steam, brokers said. The Baltic Freight Index fell a further 9 points to 1,094. This has now broken the 1,100 support level. The afternoon saw sellers continue
      Knight-Ridder; Reuter  -  312 words
    • Article
      MARITIME STOCKS
      301 29 "SU <000 ma a *h y« CWT Distribution US -0.09 59 CDun Hup Holdings. 1.04 unch 104 Cosco Invastmant 1.33 -0.01 46 ESLS 7.00 *0.10 ISO Fretqftt Links 0.71 -0.01 10 GBHoidmgt 1.01 unch 18 Hai Sun Hup 1.01 -0.02 306 Hitachi ZoMn 0.83 -0.005 195 IMC Hotdlngj
      301 words
    • Article
      MPA launches three new pilotage schemes
      394 29  -  In-house services allowed for shipyards and oil terminal operators; pilotage exemption extended By Yong Mei Fong [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) is introducing three new pilotage schemes two will for the first time allow in-house services and the third will
      394 words
    • Article
      Brisbane port handles record volume
      197 29 [SYDNEY] Total export tonnage through the port of Brisbane at the end of the 1995/96 financial year increased by a substantial 14.6 per cent in another record year of trade for the port. Total trade for the year peaked at 18.8 million tonnes, an increase
      197 words
    • Article
      Marine insurance claims fall within court's jurisdiction
      808 29  -  ADMIRALTY CASEBOOK By Selva Kumar AN Australian court has held that it did not matter that under English admiralty practice a claim in respect of a marine insurance contract is excluded from the admiralty jurisdiction of its courts. Instead the Federal Court in
      808 words
    • Article
      HK's Wah Kwong praises Chinese shipyards
      335 29 They are said to build good vessels at competitive prices [HONGKONG! Chinese shipyards got an endorsement recently from Hongkong shipping firm Wah Kwong. They build good quality vessels at competitive prices, said Wah Kwong managing director George Chao Szekwong, according to a recent report
      335 words
    • Article, Illustration
      Rotterdam widens Green Award scheme
      225 29 (SINGAPORE) The port of Rotterdam is extending the concession it gives to tankers with the Green Award certificate to smaller-sized ones from 20,000 deadweight tonnes. The port, which has been giving a 6 per cent discount off port dues to certified environ-ment-friendly tankers of at
      225 words
    • Article
      Lock icon Exxon awarded US$410m against Lloyd's
      224 29 Bloomberg Business News [HOUSTON] Exxon Corp has been awarded a final judgement of US$4lO million (*****.1 million) in the oil company's three-year battle over insurance claims related to the 1989 Exxon Valdez oil spill. The judgment was lower than the U*****.7 million Exxon was seeking.
      Bloomberg Business News  -  224 words
    • Article
      Lock icon Norway strike threatens shipbuilding sector
      180 29 Reuter (OSLO] Norway's longest labour dispute in 65 years, a sev-en-week electricians' strike, now threatens to disrupt two of the country's most important industries shipbuilding and energy. A spokesman for Kvaerner, one of the world's largest shipbuilders, said most of its Norwegian yards had been
      Reuter  -  180 words
    • PORT Shots
      • Article
        Lock icon Asian Terminals' profit up 81.5%
        80 29 Bloomberg Business News [MANILA] Port operator Asian Terminals Inc said unaudited profit rose 81.5 per cent in the year ended June 30 as the volume of cargo shipped through Manila increased. Profit was 276 million pesos (5514.9 million), up from 152 million pesos in 1995.
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Suez Canal's toll policy to remain flexible
        73 29 Knight-Ridder [ISMAILIA] Egypt's state-owned Suez Canal Authority will continue to apply "flexible" toll policies in the face of fierce competition from alternative routes, its chairman said on Wednesday. On the 40th anniversary of the canal's nationalisation, Admiral Ahmed Aly Fadel said the rationale
        Knight-Ridder  -  73 words
      • Article
        Lock icon Brazil sugar ports cope with record cargo
        65 29 Reuter [RIO DE JANEIRO] Brazil's key sugar ports are working hard to cope with long line-ups of vessels waiting to load sugar, with Santos and Paranagua both reporting record numbers of ships docked and loading, officials said on Tuesday. In Paranagua, some 61,692
        Reuter  -  65 words
    • Article, Illustration
      Lock icon Battening down for battle
      1137 30 r JAPANESE SHIPBUILDING; HARD TIMES 1 Shipbuilders, already hit by the strong yen, must make the most of deregulation, cooperation, and productivity I and cost controls to survive increasing competition from South Korea, eastern Europe and the US Fairplay r EREGULA- TION and cooperaB B tion,
      Fairplay  -  1,137 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      419 30 PAGE FV Bright 7 AEL N FNC 15 AFTShpg M F4mouJ 7 ANl 3 f4fwK,e M Able 16 Feedertran 7 Accord 6 'oonflSwi AhrertM 4 '3 Appenship 4 Astro 3 17 Austral 9 64 a Avant 6 G Mrtr i si j OlOOflliW
      419 words
    • Article
      SHIPPING GUIDE
      10196 38 EXPORT ETA ETA Advertiser VnsM Voyage Telephone ETA ETA Advertiser VMM* Voyage T«lephone SIM Oest'n Nam* Nam# Number Number SIM Dest'n Nam* HOW> >■>> Number 0*MHI**M*RB**MNM*MN*MMMBNM*N*H*M*MBMMNHMMBMMMMMMMMM 27/07 M/M UASC VILLE OE TIT ANA XOIW (5-*****17 A 17/07 N/M Evergreen E. REWARD RW-01* *5 *****(5 To ABIDJAN (ABJ) 2003
      10,196 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1767 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From i ,Aci Apncot OIM 29/1300 28 25/1700 26/0659 24/0900 26/0700 26/1159 26/MOO 4 26/1200 26/1459 26/1700 •IBM MM 21/2159 a 25/1700 26/0659 MM I 26/0700 26/1159 26/1400 I 4 26/1200
        1,767 words
      • Article
        CONVENTIONAL WHARVES
        828 45 V«sm4 Voy No Berth Arrival Dtpartvt ■t mumIJ i mom joi OMfHM 24.07/0300 ImidrM I 07/* JT5 «oa«M> 2*07/0700 (TM Mm It JOS MapMt U.IT/W a* it cram ju wipii 2*jr/aoo lOt*Of Honor NIN JO 210T/B0* it*** mm jot <*•«■«• tTMtmm «M«M) 2/7 J8 Map* 2)07/2200 «««Nn« 07/*
        828 words
      • Article
        GLOBAL HOLIDAY
        263 45 JULY 27 Bahrain, Ivory Coast, Lebanon, Oman, United Arab Emirates', (tentative) Market and Public holiday. Prophet's birthday (depends on sighting of the moon). Tanzania: (tentative) Manlid (depends on sighting of the moon). JULY 28 Indonesia, Malaysia: Prophet Mohammad's birthday, (note: This holiday may be held on Monday, July
        263 words
      • Article
        COCKETT BUNKER MARKET REPORT
        935 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
        935 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Asia-Pac airports need US$200b in investment
        316 46 Air traffic growth explosive, Mahathir tells airport exhibitors Bernama [LANGKAWI] Asia-Pacific countries will have to spend over US$2OO billion (Ss2B2 billion) until the year 2010 for development of airports if they are to keep pace with the phenomenal air traffic growth, Prime Minister Mahathir
        Bernama  -  316 words
      • Article
        EU aid for Air France may prompt legal action
        193 46 [BRUSSELS] The European Commission cleared a final tranche of state aid worth 5 billion French francs (511.4 billion) for Air France, a decision that could prompt rival airlines to take legal action against the executive agency of the European Union. A
        193 words
      • Article, Illustration
        Lock icon Railway chaos
        54 46 [BANDRA, India] Utter chaos reigned at every station as the western railway services were completely paralysed due to derailment at Bandra, north Bombay, on Wednesday. Office-goers were two to three hours late as crowds walked along the tracks from one platform to another, not knowing which train would
        AFP  -  54 words
      • Article
        Lock icon Japanese vehicle output down 4.3% in first half
        283 46 NYT [TOKYO] Japanese vehicle production fell 4.3 per cent in the first half of the year, increasing concern that the decline in vehicle manufacturing will hit jobs in the domestic market. Total vehicle production in Japan declined to 5.1 million units in
        NYT  -  283 words
      • Article
        Lock icon Eurotunnel upbeat on talks with banks
        150 46 NYT [LONDON] Eurotunnel's cochairman, Alastair Morton, said debt-rescheduling talks with banks could continue until December as he named Robert Malpas, a 68-year-old company insider, to replace him once the talks conclude. Mr Morton said he's optimistic that court-appointed mediators won't be needed past a
        NYT  -  150 words
      • Article
        Lock icon DHL expects Asia business to grow rapidly
        324 46 Air express giant to spend USs6oom on expansion Reuter [HONGKONG] DHL Worldwide Express saw Asia providing a growing portion of its business and would spend US$6OO million (SsB46 million) to US$7OO million over the next five years to reinforce and expand its operations,
        Reuter  -  324 words
      • Article
        Lock icon Jakarta to ask Garuda to review pilots' pay
        169 46 Reuter [JAKARTA] Indonesian Transport Minister Haryanto Dhanutirto said on Wednesday the government would ask state-run Garuda Indonesia to review its salary policy following the resignation of nine of its pilots. "Their (Garuda pilots') salaries are high enough, their concern is the salary
        Reuter  -  169 words
      • LOG Book
        • Article
          Lock icon Boeing to doable output by 1999: report
          91 46 AFP [WASHINGTON] Boeing is to double its rate of production I by 1999 to 46 or more airplanes per month, the Wall Street Journal reported on Wednesday. At that rate, Boeing would build 552 planes a year, up from its record of 446
          AFP  -  91 words
        • Article
          Lock icon Ssangyong signs deal with Mercedes
          74 46 Bloomberg Business News [SEOUL] Ssangyong Motor Co, South Korea's largest maker of jeeps and commercial vehicles, has signed a contract with Mercedezßenz to sell I,2oojeeps in Australia this year through a distribution unit of Mercedez Benz. The company said yesterday it plans to increase the
          Bloomberg Business News  -  74 words
        • Article
          Lock icon United Air beefs tip security
          53 46 AFP [CHICAGO] United Airlines, the second largest airline in the US, announced on Wednesday it was beefing up security in the wake of last week's TWA crash that killed all 230 on board. "We've tightened internal security without FAA (Federal Aviation Administration) directive," said John
          AFP  -  53 words
      • Article
        Lock icon Europe to promote alternatives to road transport
        277 46 Reuter [BRUSSELS] The European Commission said on Wednesday it planned to spend US$44 million in the next five years to promote combined transport moving goods between two places on at least two different forms of transport without unloading. "The Commission believes that the
        Reuter  -  277 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1548 46 CITY FU6HT ETA FUCHT ETP 0f6 W05 Aba OfeaM GA890 2140 Ftfwofca S0989 1700 S0990 0105 van 2220 9mm am ag Ajutartom S0327 0755 KL844 0040 tlWfUiWC CZ354 0925 K1837 1445 GA890 2140 MMNC C***** WOO "!£2 22 H«m4 VN74S 1300 VN744 1400 2355 VM741 13W
        1,548 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1196 30 I I MOftm*mtHCA I EXPORT I I OTHER destinations MRtCTTOWI«TCOA«T I I WMT COMT Of OtTm AWWMCA ffEAWQAIBTA StHVICt) I vgsa vot etasmletpsin ulom va I sea 1 dai I hou lokl my ■ncoaTY mm. wr In**"* I*""*! "Q^|«*»wb^|w>»«mw|w^(»bl MOIRUOY SIW 24/07 27/07 14/ M 11/ M M/M n/M 10/
      1,196 words
    • Advertisement
      Page 30 Advertisements Column 2
      690 30 Lines services represented by Members o4 the Registry of P#/ Accredited Shipping Agents. Spore National Shipping Assoc Members ol the Singapore Freight Forwarders Association Place an ad in... Shipping Times Just talk to us... Iris Lim 740-2044 Tan Lip Chu&n 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 3 EXPORT 3
      690 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1164 31 EXPORT TO: TO: JEDPAH/UK/CONTINENT IvfSSil VOY sm i(0 R'DAM H'BURG B'HAVIN SION liM ALSO ACCEPTING CARGO FOK: NUHIOYD NORMAMDtf 3M6 27/07 17/08 15/08 12/01 13/01 GLASGLOW, GRANGEMOUTH NiDUOYD iUROPA 530* 01/0S 20/08 11/01 22/01 Mn OUITIKIMIK NEDUOYD HONGKONG 130* 02/0# I>/0« 20/00 23/00 24/00 nU jOOCI GHUMHY 330* 03/01 24/01
      1,164 words
    • Advertisement
      Page 31 Advertisements Column 2
      1820 31 0 HANJIN SHIPPING iußHAui/vor \UM a |sal rw m wo, |wr mm m m m* oos m ow rvt 1 m m 1 m "ra H.BIZAMIHMII M/ 07 tl /W g/W »/W g/W H/W B/M g/M M/W M/M M/W 17/W M/BI M/W ~M/W M/W W/W M/W M/M M/M H.HABMBCH7I M/M
      1,820 words
    • Advertisement
      Page 31 Advertisements Column 3
      167 31 /UP* ORIENT EXPRESS UNES (U.K.) UMITED i 5. fSt.j. (MANAGER FOR SHREYAS SHIPPING UMITED) W—'V WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VKSa VOY SWGAPOtt KtttAY VKSE VOY KMMAY SWGAfOti LAMPHUN NAVEE 200 28/07 05/08 ORIENT MUM&AI 100 26/07 11/08 EUZA 300 04/08 12/08 LAMPHUN NAVEE 200 05/08 18/08 ORIENT MUMBAI 101 11/08
      167 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1476 32 rasa vot smstfOK «nomo jagg gga sounuofTow mmm HtMomAVBt mtomm jgwr itnat UMBTCW o**3o 27/7 30/7 20/1 14/1 11/1 14/1 fffIMMMMT mV -JUL M in n/l 20/1 mnjiouotst 03W30 31/7 y» 11/1 71/1 it/i snmaunantss immq i/i ii/i ?i/i m/i HBSHMA 17WC31 1/1 t/» V/l IV\ ~~Wi~ 71/1 JOMB £922
      1,476 words
    • Advertisement
      Page 32 Advertisements Column 2
      1508 32 i NORAsnr I VESSEL VOY [SIN PKL OOA LAS BCL VAL ALQ ROT ANT FEL LHA NOflUa 9629-3 30D7 I 1« 1188 21M IMI 2MB 27 88 72M QM TIM MM NOR SHANGHAI 9630-3 IW IMI Ml M TUN 01« l»« 3UM 3M tin MSCALEXA TBA 14M 1688 SMM 2888
      1,508 words
    • Advertisement
      Page 32 Advertisements Column 3
      434 32 Direct Container Service-: to Fangcheng Zhanjiang n Vessel S'pore Fangcheng ffinnjlMf UANBAO 05/08 10/06 12/o(T't i •wait lb *msi« /VOBTRANS? TEL 45-*****67 FAX: 6 S-*****90 RfUar Ifcwr Swvto Tr Bflwfc Ib— AbM^y NMti-Purpose RO/L0 Carrier Accepting: < RO/RO, Ramp Capadty opto 40 taas Heavy Uft opto 68.5 taas Qmmtmd/ Bnak
      434 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      989 33 WI^TRAIf^HIPPIN^r^TD fIH 10 Noo Chiang Road #11-01 Kappal Towars Singapore 0208 Tol: *****88 Fax: *****17 isamwm cotrmmn »>vki vtssa 1 vot l aw aa iS a >vnsa vot ds»<a/ott 1 iuowc swum sat m»i n/v »i/>; aammm-n vhiha I h/m I n/w sauaswn mm nm urn ot/w obmim mim I
      989 words
    • Advertisement
      Page 33 Advertisements Column 2
      1351 33 r fW(W»fI;TrWMT*.fTI<V> WflPl M MkiAttMM MIMM I r VM UftUROTJ} tntUlTt I AMM* jmmmi A I IMMIRwtMIw I ittwa/M J lii it Ifi UHmm+mirn ahiiwMMM <•.«*■ auw/m mmmmn <nM *«»■-I COSTAM SHtftm FU LTV r I«»«I» awMOBMUM £?5&. &25!E« <?*+? ttsS"* »—i 1% MH lb» I tST tMIMM m I
      1,351 words
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      Page 33 Advertisements Column 3
      260 33 T« {■!«1 MTm Tm 1 f M r» 1" I M Tll^^l moot is n n n m si outmoumd w. a m h w m ■[1 aiMMa/Ml \W "W 17/* IU? MM M »MMB/«B M? M Mi Mi Ml WMI H IMMUB/gw M? K* M> M MHM MMHUM/BB MM
      260 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1274 34 SGP ROM ANW HBG THP LHV UN TIP RON UN HN PA UP E. REWARO RW-811 17/7 IBM 21/1 17It 1M 71/1 E. GARDEN RE-454 3M 1/7 2/7- 2S/7 E RIGHT RW-824 M 2M >U 2VI 2M 2U E. GARLANO RE 045 7/7 11/7 B/7 11/7 12/7 VI 7/B E
      1,274 words
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      Page 34 Advertisements Column 2
      990 34 vnsa votam MP m an w iw nr im vnsa votam on ami mm mm sop mmrn mruw oi/m ii/M htm iw ivh hm ivn now (Hio-eau iw lyw iw im jw UNCOtOM 041W31W MM 11/01 IW 2W 21M 21/ M 21/ M IMOMftIS 0411-0211 JW 2W 07/ M Also
      990 words
    • Advertisement
      Page 34 Advertisements Column 3
      550 34 UTBj *****33 (12 LINES) FAX: *****10/*****03 v MJJ TELEX: RS ***** MOMP P UnM) 1 CR NO: **********0E m j w 1 »> ACCEPTING FCL AND CONVENTIONAL vor STA iLn^tw Abyot am q° n o XXjB W—> 44W8 2BAM H KIEN HUNS LINE FULLY CONTAINERISED REGULAR UNER SERVICE ACCEPTING BOTH
      550 words
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  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      684 35 BSA iL M MYANMA \HBk FIVE STAR LINE (Myaamr Natioaol Um) I Loading for YNfOi (Roagooa) msa vot sw m pin pgii MYOMA TWA I4OW MPT PAIMBM 137W 21/07 MAIATSU AGOfIV OOVSTIAO SHIPPING AGtMOtS BRT TO 02-03-2417)00 PBL TH 02-03-*****01 H* TH 02-04-2****** P00: TH 02-07-*****21/4 BANK LINE (A oorvko
      684 words
    • Advertisement
      Page 35 Advertisements Column 2
      1050 35 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKO: *****61 PMA I HB I PM VBSM/VOT VOT IMIUmI Hl| ml Umlmilb 24/07 24/07 27/07 N.*OM!« J2JW 21/47 14/ M 14/44 M/M 14/ M 14/44 20/ M 31/07 02/07 03/07 Ml COMMANOH J22W 05/04 23/ M 2S/M 27/ M 2S/M
      1,050 words
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      Page 35 Advertisements Column 3
      380 35 I (j& FAMOUS CONTAINER LINES JJpS 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) i-*! 4 SAILINGS A WEEK TO S BANGKOK V THAILAND V BANGKOK f FOR BOOKING *****33 CONTACT AMY P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22
      380 words
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      1617 36 hhz^hßH ■-fXTTTTV SI I Vg&SEL VOY SIN JKT IVESSCL VOY SIN ~PtN l^B GURU BHUM 3238 ~S«t 127/07 Tua 30/07 B-MAB DUA SlO7 Sun 28/07 ~Tu» 30/07 25 BHATRA BHUM 94S "jjtoT M/ 07 iK 03AM JABU BHUM <728 Tua 30*07 Thu 01/W RATHA BHUM 118H Sit 27/07 Wad 31/07
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      Page 36 Advertisements Column 2
      1009 36 11 PUXTON HILL, SINOAPORE *****3 CR **********0N PORT KLANO PINANO V—. VOT —I m VWil j"VQY I WW PI AUCAIO 6033 «l 16/07 SAT 27/07 lOTA V ***** SUN 10/07 SAT I 30/07j >*A UN* 449n SUN 28/07 MOW 29/07 LUCK 6004 WH> 31/07 FBI IPi/Poll MCC VANTAOf 6060 SUN
      1,009 words
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      540 37 TROPICAL Weekly LCL A FCL Services 3SHIPPING 4 c l H MAERSKASiA MARGRETHE OCTAVO 9631 MAERSK96OS Port Country 29/07 06/08 Bdiza City Belize 01/09 09/09 I Bridgetown Borbodos 04/09 12/09 Cortogena Colombia 03/09 11/09 Cosines St Lucia 03/09 11/09 I%«t de France Martinique 04/09 12/09 Freeport Bahamas 30/08 07/09 -Kingston
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      Page 37 Advertisements Column 2
      875 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 BB- E ill, 111 m ii i j?- B in. Im I By K H b, t, it, rc IHi B& BP#: 8 B aS3I i, |VKsa VOY B cm JW woo
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      Page 37 Advertisements Column 3
      873 37 **********0Z VFSSFIS VOY SN DAMgTTA If HAVRE HAMBURG THAMESRORT ROTTERDAM ANTWERP VILLE DE CAPELLA TI6W 30/07 11/08 2CVO6 21/06 23/08 24/08 26/08 VILLE DE LIBRA LIBW 06/06 18/06 27/08 28/08 XVOB 31/06 (E/09 CAUFORMA ORION UI6W 12/06 23/06 02/06 03/09 OKS 08/09 VOJ-E D'AQLHLA AI6W 3V06 08/06 10/08 12/08 13/09
      873 words
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      Page 39 Advertisements Column 1
      41 39 To retrieve more schedules, just follow these simple steps... S F document 740-6000^^^^^^ P the port your Step key in the four number digit code Key in your Exampto: r-*—i fax number iTo HAMBURG (HAM) 2150 for calls within Singapore GeflTieny
      41 words
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      2063 40 AS AGENTS: H" UNE (SINGAPORE) PTE LTD (CR no 1244« nooooHGSi KG no M2-MI7MM) TEL *****77 TELEX: KAWAKIRS23I6S FAX: *****16/7^9 I W T MALAYSIA: "K" UNE MARfTME (MALAYSIA) SON BHD I U TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****2&6 NDONESIA: P.T. SARANA LAUT MIUINUSA, TEL JKT
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      Page 40 Advertisements Column 2
      1196 40 m VAMT UMR MJC TWICE WEEKLY EVERY THURSO AY/SUNDAV H'.IJ.liU ARRIVAL FIXED DAY-MONDAY WW r=n 131 nUtL VOT LfM FXT NAM AM I 1 MING Wf ST J629W|2»07 I HOB 1&08 17,08 IM| MING STAR A 623£ SLO SID SLO SLO »07 DOVfH BSIOG£ *630* I 01« I ?*OB 22/08
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      604 41 I VESSEL VOY SJN MAA SIN I SGER ISLANO 453N 26-27/07 31-A34/08 09-1006 I MGER BRIDGE iStN 29-31V07 04-07/08 12-13(08 I TIGER BAY 455N 02-03D8 07-11/08 16-17/08 I TIGER WAVE 456N 05-0608 11-14/08 19-20(08 I TIGER ISLANO 457N 09-1008 14-18/06 23-2408 I TIGER BRIOGE 458N 12-13(08 18-21/06 26-27/08 I I^ESSE^^^^VO^^sincalsi^^l
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      Page 41 Advertisements Column 2
      1001 41 SeaKLanidl DIRECT SAILING TO U.S. EAST COAST DAGMAR MS V.9604 ETA SIN ETDSIN 28 JUL'96 29 JUL'96 f3E m mm mi RmhmwS vor |ac oa at ImlmI«■ I nx n imicnui MAMBK Hir ~Wfi H7ST" UHCK UTTHWHW~BW~f*WWW~SMIfW MMM HU «/M M/M flHimH M7I 73/« JS/U >/M M/W M/M »/H 11/
      1,001 words
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      Page 41 Advertisements Column 3
      84 41 I f®frTOYOFUJI SHIPPING CO, LTD.I MULTI PURPOSE VESSEL FOR RO/RO, CONTAINER t BREAK BULK CARGO vissa I yot I w I sw 1 jit 1 »y a jw Dcmwws 14 t5/M M/U M/M 11/ M 11/ ft H/M TIAMS PAOfK 1 113 M/M TIAMS PAOfK 5 SS H/M U/M mm
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      Page 41 Advertisements Column 4
      1243 41 wiikiyto Nedlloyd Lines east coast south america CN HMWMWHMWH I I MBtfOK PHONE (GENERAL) *****09 RATE ENOUIRIES *****41/24*280 CFS (PHONE) *****10 OS (FAX) *****23 I TOEimoPE mnwawmm Sta Sou i Rtfn Anr Ham Brit NU NORMANDIE /3296 27/07 12/08 13/08 17/08 18/08 15/08 NLI EUROPA /5306 31/07 23/08 21/08 22/08
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      Page 42 Advertisements Column 1
      731 42 SAMUDERA INDONESIA (S) PTE LTD I "—y 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 -■■MB TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 Z. CH RO. IM7MMMM rBOOIUIISS CALL DIRECT JESSICA/CEUA 3 SLGS/WEEK Vessel |~vsy I~sm Tjak 1 vessel ivoy imn [sm PANCARAN SINAfI 1013 27/07 (SAT) 31/07
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      Page 42 Advertisements Column 2
      495 42 TO E. CANADA US ATLANTIC US QULF LOAWNO VOY SPORE I PXELANQ* HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPtCO HOUSTON HOEQHDYKE 0636 MPT I- 06 SEP 09 SEP 12 SEP 19 SEP 1688> 23 SEP 27 SEP HOEOH MNERVA 0836 07/08 AUQI 01 AUG 2SSEP 28 SEP 29 SEP 06 OCT
      495 words
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      Page 42 Advertisements Column 3
      500 42 J- Singapore Soviet Shipping 4 Co. Pto. Ltd. CR MO: **********0* BOMBAY/COCHIN VESSEL VOY bom KOTA CAMAYA CAHI6I 30/07 07/00 MEKHANIK KURAKO MK2IN 03AM 11AM VANESSA 06N 00AM ISAM XOUR GEMINI 422 13AM 21AM naumnYiotvaißivici I VOV I S PORE I ILYCHEVSK NUOVA ULOYDiANA 011S40SW 3(V07 27AM NUOVA QENOVA 0110-012W
      500 words
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      Page 43 Advertisements Column 1
      1081 43 IMPORT FCL/LCL CONSOLIDATION f GERMANY/SINGAPORE] HwnoveT B^"INB s Marshalling Forwarding Services (MFS) via Bremen and Hamburg t K6ln N I Leipzig Our staff at your service: k /p Francis DID: *****54 Maria DID: *****75 Nicholas DID: *****77 Salha DID: *****71 m NOriberg Stuttgart Inwnuttanjl Vi Ftn«tii \|r y Augsburg w
      1,081 words
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      Page 43 Advertisements Column 2
      2218 43 Ivcsa lsw«t| pjoamg rmm- a I ham I sou liw I w 1 mI w I I rasa m I spqm limg I msan In« I«t I tor I wco swmi twV[ MS Li LOWE IJ* 24.07 2S.Or 24.07 lIM 14.01 17M 11.01 MS. MS 2274 20J7" 2107 2M7 3CLO7
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      Page 44 Advertisements Column 1
      690 44 f&mm% m ps f SINO EXPRESS SHIPPING (PTE) LTD. M M I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE *****7. m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (tONTAINIE SWWCI) Also accepting container cargo to: VESSEI/VOY I ETA SIN ETAHKG ETA SHA W/T HKG: Beiiioo. Chiwon.
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      Page 44 Advertisements Column 2
      902 44 AM MN CONTAINER LINES, INC Agents: MAC-NELS SPORE: *****22 (24 UHES) UCHING: (062) *****3 1 IY~/ J CWNOi IaoOTOOOOOa S«U: (084) *****9 MANILA: (632) *****81 PENANG: (04) *****8 BANGKOK: (682) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 BANDUWQ: (22) *****86 20TH ANNIVERSARY OFFER:HONG
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      Page 44 Advertisements Column 3
      358 44 tej WENDER CONTAINER LINES -0 ATTRACTIVE FCL/LCL RATRSTO: Indian Sub-Continent Ports: MADRAS BOMBAY CALCUTTA COLOMBO CHTTTAGONG/ NHAVASHEVA/ PORT KELANG PENANG MADRAS WWSHPG FWDG (P) LTD TEL:9I44-534 0450 FAX 9144-534 0200 BOMBAY WWAGENCIES PVT LTD TEL :91-22-207 5832 FAX :91-22-207 5831 PKLANG SIiASA MASYHUR SDN BHD TEL:O2-03-368 9199 FAX :02-03-367 7084
      358 words
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      Page 45 Advertisements Column 1
      323 45 CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I m HOUSEHOLD REMOVAL AND AIR CARGO SERVICE EXPRESS® PTE LTD —J LCL CONSOLIDATION SERVICE An amitot of Mitsui OSK Lines/Hal Sun Hap Group J ,XT DESTINATION ETA STORE !2l®!ftr 2T*. Wi TOKYO/YOKOHAMA/NAGOYA/KOBE 28/07 04AM 11/08 4 IOMVO3, Tlm Aicad* r T# I r 0104 ffdjS?)l HOfWKQWQ
      323 words
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  • Page 46 Miscellaneous
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      Page 46 Miscellaneous Column 1
      123 46 LCGCND-. R Thunderstorm T.mperoture c A A show«f Weother Wmd direction with speed in knot* Roin Wnv. h^. Cloudy Sky Wov# h flht Virfm iM or. rndtcotad by arrows wfcidt Hy wtHt Hm wmd Vj) On* M cirde repr esents co4m or Kght and variable winds On* half fhch* represents
      123 words