The Business Times, 5 September 1997

Microfilm: NL20900
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MTTA (P) 023/I^^6 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, SEPTEMBER 5,1997
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  • Article
    MARKET SUMMARY
    60 1 D KjM+6.43) D SISUw) n BTOOHF wSi 18 #7) OStsL WWHUflriHIMB Thursday Change KUSKCOHP 731.12 -i9J4 NIKKEI 18J16.M -lM.lt HANG SENG 14,199.17 -614J2 SET INDEX H*l»_ +&1I JAKARTA COUP —HW? ♦HJ8 MANILA OOMP 2JT77J8 *«U6 TAIPEI WPI *14?* ***** SEOUL OOMP M7JI -«4 CLSA CHINA B 1,***** -IU4
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  • Article
    FINANCE
    68 1 US9 SI UBt 1JXI 2 1JB I4t7 DM IJU 1840 rw m im \m m Mil MM KKt t in am «AHT UN MM tfmtaM MM MW SflKAPORE* 144 KUALA LUMFUK Ml JAKASTA 18.M BANGKOK 118 BONQKOHB. Z~ 8.71 TAgB Ml SYDNEY Ml TOKYO 111 8B0UL 1171 ZWBCH- ..1871
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  • Article
    Dr M reverses policies on KL market economy
    547 1  -  In surprise move, trading curbs lifted, infrastructure projects delayed Fron Eddie Toh, Meera Tharmaratnam in Kuala Lumpur IN A surprise U-turn that will surely cheer the beleaguered stockmarket, Malaysian Prime Minister Mahathir Mohamad said last night that he was reversing earlier policies
    547 words
  • Article, Illustration
    Lock icon Buying support helps M'sian stocks recoup some losses
    589 1  -  Partial recovery sparked by rise in futures market, say traders Fron Eddie Toh, R Sivanithy in Singapore IN another volatile day, the beleagured Malaysian stockmarket plunged 9.6 per cent in early trading amid furious selling by foreign funds, but later recouped some
    Source: Bloomberg  -  589 words
  • Article
    Ringgit crashes through 3.00 in heavy European selling
    260 1  -  By Larry Wee [SINGAPORE] The Malaysian ringgit sliced clean through M 53.00 to the US dollar as European players entered the markets early yesterday afternoon, and pushed it down two sen almost immediately to 3.02. The ringgit ended Asian trading even weaker
    260 words
  • Article
    Ekran sacks ABB as Bakun main contractor
    708 1  -  10-month deadlock over terms of contract not resolved /■Ya Eddie Toh in Kuala Lumpur EKRAN Bhd boss Ting Pek Khiing has sacked AseaBrown Boveri as the main contractor of the massive Bakun hydroelectric dam in Sarawak after failing to resolve their 10month old
    708 words
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      Page 1 Advertisements Column 1
      122 1 dvsede I j I I i I J MAS rkimf The education ministry's Tharman Shanmiigaratnum has been named special assistant to the monetary authority's MD.toeling talk of more top-level changes in the de facto central bank, Pf 2 Tang in Singapore Hongkong chief executive and his delegates get a warm
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      Page 1 Advertisements Column 2
      86 1 More reports, Pgs 6 7 o«r Go* OdacOon. and you a «> Q»A>a< Di»* Cm* M to loa+md. A pMt+iaai >iiri IS* lapii ii* i r 1997 ymt tfca **mar <rf oar fac*? 4ra«. GM« you Nmm dw|^dw<>—7 irnwpi niliiiawaKwntt—t AJ cowrwy of Alfred Aati Padkc WiwnWg facfcy dw» —>ot—
      86 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Former economist appointed assistant to MAS chief
      319 2  -  Appointment of senior MOE official likely tofoeltalkof top-level changes Byi Catherine Ong FORMER Monetary Authority of Singapore (MAS) economist, Tharman Shanmugaratnam, has been appointed a special assistant to MAS managing director, in a move likely to fuel further speculation on top-level changes in
      FILE PHOTO  -  319 words
    • Article
      Taxi fares for rides into city, RPS expressways up from Oct
      279 2  -  Transport council approves surcharge of up to $1 more Christopher Tan FROM Oct 1, taxi rides into the city or on expressways wjth road pricing will cost up to $1 more. The Public Transport Council yesterday approved the application
      279 words
    • Article
      CLARIFICATION
      155 2 IN yesterday's The Business Times at page 2 we ran a report headlined "Chief Justice Yong ticks off participants of raid". The report stated that 'Besides representatives from BSA, the 30-odd raiders also included police, lawyers and representatives of Microsoft Corp, a member of BSA". The report may have
      155 words
    • Article
      SingTel Mobile spends $100m on 400 base stations
      272 2  -  Reports by' Teh Hooi Ling SINGTEL Mobile invested $100 million to commission 400 new base stations on its GSM and PCN mobile phone systems in the last six months. And another $150 million is budgeted in the next 12 months. The latest
      272 words
    • Article
      Mobile, paging operators met TAS service standards
      253 2 Ge&nlar networks were working more than 99% of the time FIVE months into competition, Singapore Telecom and all the new mobile and paging operators are found to have met the Telecommunication Authority of Singapore's (TAS) quality of service standards. TAS said Mobile One's
      253 words
    • Article, Illustration
      No fast pick-up for economy: OUB
      315 2  -  EYE ON THE ECONOMY Outlook By, Audrey Tan THE sought-after acceleration in Singapore's economic growth will remain slow in coming, says Overseas Union Bank (OUB) in its latest Financial Review. The bank sees gross domestic product (GDP) growth in the second half moderating somewhat
      315 words
    • Article
      Contract manufacturer Conion Electronics folds up
      404 2  -  By Teh Hooi Ling THE rough patch that Singapore's manufacturing sector went through in recent quarters has claimed another victim. Contract manufacturer Conion Electronics has folded up, throwing 200 people out of their jobs and leaving behind unpaid debts. BT understands that Conion ceased
      404 words
    • Article
      ECO in three environmental projects
      251 2 LOCAL industrial waste management company ECO Industrial Environment Engineering Pte Ltd has embarked on three projects in support of the national effort for a cleaner and safer environment. ECO yesterday signed two agreements which form strategic partnerships with the Environmental Technology Institute (ETI) and Japan's
      251 words
    • Article, Illustration
      Lock icon Gillman Heights mulling en-bloc sale proposal
      512 2  -  HUDC estate may also try te top op lease to attract developers By, Abdul Hadhi PRIVATISED HUDC estates could be next to jump on the collective sale bandwagon. Residents of Gillman Heights, off Depot Road, are considering proposals to either sell en-bloc and double
      FILE PHOTO  -  512 words
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      Page 2 Advertisements Column 1
      108 2 EXECUTIVE Appointments ISW-7411tt3 TAKE CHARC.K! GOOD GROWTH POTENTIAL RE VART OI OUR CHALLENGING, STIMULATING WORK ENVIRONMENT Towt-r ilfi-onlt, the leading: international miHic retailer, i<* expamlinc: ami we are <*eekin«r to fill the followintr position; lAIIK ETI N< riN IA NA OKI: This .s a challenging position that will su.t someo.u
      108 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S'pore pleased to see HK's smooth transfer of sovereignty: PM Goh
      458 3  -  Combined investments of reflect STpore's confidence in HK, he teUs Tung By Loh Hui Yin SINGAPORE is pleased that the transition of Hongkong to Chinese sovereignty has been smooth, with life carrying on as usual. Prime Minister Goh Chok
      WONG KWAI CHOW/ST  -  458 words
    • Article
      Symposium on the role of a currency board
      222 3 CAN a currency board system offer immunity from speculative currency attacks? The Board of Commissioners of Currency, Singapore, one of a handful of currency boards left in the world, is offering some insight through a oneday symposium on Sept 30 to celebrate
      222 words
    • NEWS Roundup
      • Article
        More hawker stalls op for sale
        58 3 HAWKER stalls are up for sale, at discounts of up to 30 per cent, in the fourth phase of the stall ownership scheme. The first three phases, Involving 12 hawker centres, saw a total of 1,641 stallholders buying up their stalls. The fourth phase
        58 words
      • Article
        PSB-NTUC study awards for unionists
        69 3 THE Singapore Productivity and Standards Board (PSB) and its affiliate, the National Productivity Association, are offering 11 study awards through the National Trades Union Congress to union members to pick up new skills. Called the PSB-NTUC Continuing Education Programme Award, the scheme is open to
        69 words
      • Article
        Bedok South votes for upgrading
        61 3 FLAT owners in Bedok South have voted for upgrading, with 95 per cent opting for the standard package. All seven apartment blocks involved in the exercise also voted to add a utility room. Construction work is expected to start in the middle of 1998 and
        61 words
      • Article
        Correction and clarification
        80 3 TWO Aug 30 reports on CPF data contained errors. The number of new investment accounts opened in 4Q1996 was 5,287 and not 16,875. And CPF fUnds withdrawn for property purchases in 2Q1997 should have been $589.4 million and not $1.44 billion. We are sorry for the errors.
        80 words
    • Article
      Microsoft to denominate deals in local currencies
      357 3  -  Move will take effect in all South-east Asian nations except SPpore and Vietnam By Kenneth James SOFTWARE giant Microsoft Corp, reacting to the region's continuing financial crisis, is moving to stabilise prices of its products in South-east Asian countries hit by depreciation of
      357 words
    • Article
      S'pore visit
      47 3 GENERAL Colin L Powell, former chairman of the US Joint Chiefs of Staff, will make his first trip to Singapore next month under the Citibank Asian Leadership programme. He will take part in a number of special events organised by the bank during his visit.
      47 words
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  • FOCUS: ADVERTISING & MARKETING
    • Article
      Lock icon Kellogg back with new campaign
      819 4 It is embarking on a multiple brand campaign that focuses on promoting health claims for its products NYT KELLOGG Co, wounded in the cereal wars, is returning Are by dusting off its own time-honoured strategy of promoting health claims. An extensive print campaign boasts that
      NYT  -  819 words
    • Article
      Lock icon IPO for healthcare marketing firm
      501 4 Heahlnmid of US to raise USslsJhn from setting 2Jm shares Bloomberg [WASHINGTON! Healthworld Corp, which provides marketing and advertising services to healthcare companies around the world, plans to sell 2.1 million common shares in an initial public offering, raising as much as US$l5.9 million (5524.1
      Bloomberg  -  501 words
    • Article
      MEETING PLACE
      107 4 Owtkm TWt Vmh *fmtm IWtsttonaza SiSIw 111 hpH WHEastarnlopioo ThoMmdvtn Sipn CatfartoctaffttM THwin Ai*H*trcaMs UWMApMMwnMs Association c/o tlMfOlMM >»<!■! III it lill M223-WW S#7HI MMlCoRfranoa Wtctin Stanford AcatfmyoflMdm. CMMtiiMM iVtsthPloa Shwort Crlihcll U1 Willi T7 M223-WM S«l-n Nil llfcmteli SCEC TtatsCoiiftranctsl Tofc 284-9844 "97 SKEC Tints Confortncts Sop
      107 words
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      Page 4 Advertisements Column 1
      710 4 KayHian KAY HIAN HOLDINGS LIMITED ANNOUNCEMENT INTERIM RESULTS The directors of Kay Hian Holdings Limited (the 'Company') wish to announce the following results: UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30TH JUNE 1997 Half Year Ended Half Year Ended Increase/ 30/06/97 30/06/96 (Decrease) Company Group Company Group Company Group <000
      710 words
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      Page 4 Advertisements Column 2
      349 4 BffIWfWMTH Performance Motors Limited rT "5f j|^| HHi v F* H| PETER DRUCKER IfjH BBMBBH "THE NEW COMPETITION" Sunlec City 9 am 5.30 pm September 16,1997 Take the future in your hands and seize this opportunity (through video-conferencing) for an interactive session with the management thinker of this century. Peter
      349 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      67 5 Michael Schumacher's Choice 4 Twgßfe' ,j J^m -w v^r' v jE-i j|r J W. r^*vrv^/MFziFI JKI iiK'' Ft- >^Hr Spccdmastcr Automatic Day-Date, AM/PM. Ref. No. 3520.53.00 Price: $2990. OMEGA Swiss made since 1848. Omega, my Choice n s Jy Sole Distributor: 4 4 W"*tfP\ A SMH S.E.A. (S) PTE LTD
      67 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Bank Indonesia trims short term rates; stocks surge 4%
      553 6  -  Central bank's move seen as bid to boost confidence; rapiah slips bnt recovers From S N Vasuki in Jakarta KEEPING its promise, Bank Indonesia yesterday trimmed short-term rates on money market certificates. Though analysts saw the move as largely symbolic, investors
      AFP  -  553 words
    • Article
      Lock icon No plans to cut ratings of M'sian firms: S&P
      338 6 Bloomberg, AFP [KUALA LUMPUR] Standard Poor's said it doesn't plan additional cuts to the creditrating outlook of four large Malaysian companies. Two weeks ago, S&P cut its rating outlook on two big Malaysian lenders Malayan Banking and Arab Malaysian Merchant Bank
      Bloomberg,; AFP  -  338 words
    • Article
      Rashid Hussain won't quit his 2 govt posts
      234 6  -  Banker will retain seats on Khazanah Nasional, Pntrajaya From Eddie Toh m Kuala Lumpur MERCHANT banker Rashid Hussain, who was rumoured to be under the microscope for short-selling activities in the moribund stockmarket, will not step down from his two powerful government
      234 words
    • Article
      Lock icon Anwar: region organising strategy to fight syndicates
      459 6 ITsia will arrest market manipulators if necessary, he says Bernama, Reuter [KUALA LUMPUR] Deputy Prime Minister Anwar Ibrahim said yesterday Malaysia and countries in the region are organising a collective strategy to counter the attacks mounted by international syndicates on regional economies particularly
      Bernama,; Reuter  -  459 words
    • Article
      Curb foreign funds: Manila bourse
      365 6  -  From, Al Labita in Manila THE Philippine Stock Exchange (PSE) yesterday asked the government to impose a lock-up period on foreign funds to put a stop to the financial haemorrhage of the share market. "While the entry of foreign funds is a plus sign for
      365 words
    • Article
      Lock icon M'sia moving in the right direction, say analysts
      441 7 Reversing ban on short-selling, Bakun delay shonld ease pressure on economy Reuter [LONDON] Malaysia's decision yesterday to reverse a controversial ban on short selling of shares and rein in spending and imports should help relieve pressure on the embattled South-east Asian economy,
      Reuter  -  441 words
    • Article, Illustration
      Lock icon Draft constitution undemocratic: Chavalit
      575 7  -  Huu premier calls for amendments to draft charter Prom Harish Mehta in Bangkok THAI Prime Minister Chavalit Yongchaiyudh charged yesterday that the draft constitution that aims to sweep away decades of political corruption and vote-buying was "undemocratic" and should be amended. Parliament yesterday began a historic
      AFP  -  575 words
    • Article
      Taiwan central bank spends over US$2.9b to defend NT dollar
      567 7  -  But officials downplay impact of Asean currency woes By Bruce Cheesman in Taipei MANDARINS at Taiwan's central bank have quietly and methodically gone about the business they know best propping up the Taiwan dollar in a time of crisis. Officials
      567 words
    • Article
      Regional crisis could hurt Japan: report
      367 7  -  From, Anthony Rowley in Tokyo THAILAND'S financial crisis will have a limited initial impact on Japan but if the economic fallout spreads to other parts of Asia then trade and other effects could be significantly more damaging, according to an analysis published yesterday by
      367 words
    • Article
      Lock icon Funds pull out of non-US stocks
      168 7 Bloomberg [NEW YORK] Mutual fund investors pulled cash from funds that invest in non-US stocks this week amid turmoil in South-east Asian markets, according to an industry report. An estimated US$53O million (SsBo3 million) was withdrawn from international equities funds in the week ended
      Bloomberg  -  168 words
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      Page 6 Advertisements Column 1
      164 6 CYCLE CARRIAGE LIMITED (Incorporated in Singapore) 1997 INTERIM ANNOUNCEMENT I 1 HIGHLIGHTS I 1 Unaudited Group Results Six months ended 30 June 1997 1996 Change Turnover 551,613 m 551,580 m Ss33 m 2% Profit before taxation Ssls3 m Ssls3m Profit after taxation and minority interests Ss99 m Ss96 m Ss3
      164 words
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      Page 6 Advertisements Column 2
      148 6 MGLland MCL LAND LIMITED (Incorporated in Singapore) 1997 INTERIM ANNOUNCEMENT 1 1 HIGHLIGHTS 1 1 Unaudited Group Results Six months ended 30 June 1907 1996 Change Turnover *****.9 m Ssllo.o m Ss7.l m -6% Profit before taxation 5522.6 m 5543.5 m -Ss2o.9m -48% Profit after taxation and minority interests 5516.0
      148 words
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      Page 7 Advertisements Column 1
      45 7 IW# have highly qualified welkxperienced Foreign Professionals/Skilled available: IT Professionals Mech/Civil/Electrical Engineers Accountants/ Auditors Administrators Bankers Skilled Workers Above Resumes CV's ore available on request Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. f Another Classified Service
      45 words
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      Page 7 Advertisements Column 2
      235 7 ft V a *-,-v^bK3|^B^Bß a.testoni HILTON HOTEL SHOPPING GALLERY MANDARIN HOTEL SHOPPING ARCADE RAFFLES HOTEL ARCADE BOLOGNA MILA.NO ROMA PARIS NEW YORK BCVERQT HOLS HONOLULU TOKYO OSAKA YOKOHAMA NAGOYA KYOTO NARA HIROSHIMA SBOLI PIJSAN CHfJI BHJINC TAIPEI TAR3RJNC -KAOSUNG HONG KONG SINGAPORE JAKARTA SURABAYA BANGKOK If it's not for the
      235 words
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  • FOCUS
    • Article, Illustration
      Hang Tuah and Mahathir's war
      1277 8  -  UMMO OHMBBAL ASSEMBLY By Yang Razali Kassim The battle against speculators takes a back seat as Umno Youth leaders turn to the legendary Malay leader in their defence of Anwar By Yang Razali Kassim [KUALA LUMPUR] DURING the Malacca sultanate, Hang Tuah, the legendary Malay
      1,277 words
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      Page 8 Advertisements Column 1
      487 8 I Small_ Medium Enterprises^ J How about going as realtime as Airlines and Banks, without spending a fortune? You have heard them all. How airlines, insurance companies, banks, MNCs can all j*T fl I spend fortunes on their IT infrastructure and become so much more competitive. And I how your
      487 words
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      Page 8 Advertisements Column 2
      148 8 Over \i IMIIUOH pes sold In Japan (latest technology), no motor la naadad to jSilßuiSnSiiltiytd f| f t > T» C<>Pt f htrmfu Wo Motor i Conventional rt-puriSors w*h «n» Convwiy, Kankyo •tr-purMw ajwndy C sSwiu&tSeTOSiSs DM lT 1 ♦WoPmoriKonkyouaaaa«»»auWcolaollng ahot to aa «tor air-purifier* connot capture such tiny \\Vv^ilT
      148 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      152 9 MONT° BLANC In times that are changing ever faster, we need things which jum, preserve the moment. MM vtofc Meisterstuck Chronograph 28K solid gold, mechanical clock-work, automatic winding, visible, engraved and decorated manufactured in the finest tradition \iW jfl l .^rSK" JH|Hk jNwßf' j Imbiw iM\s# 9mL MM at^r fli
      152 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Beijing ex-party chief unlikely to stand trial
      279 10 HONGKONG But Chen Xitongmay be expelled soon over graft scandal: report AFP FORMER politburo member and Beijing party secretary Chen Xitong is unlikely to stand trial but will soon be expelled from the Communist Party over his alleged role in the biggest corruption
      AFP  -  279 words
    • Article
      Lock icon China gets 203b yen loans
      98 10 BEIJING AFP JAPAN offered loans of up to 202.91 billion yen (552.6 billion) to China yesterday to help protect the environment and develop inland areas, officials said. An agreement for the loans was signed here between Japanese ambassador to China Yoshiyasu Sato and Chinese Vice-Foreign
      AFP  -  98 words
    • Article
      Guangzhou to offer 55 projects to S'pore investors
      479 10  -  GUANGZHOU Team will visit S'pore to offer ventures worth USs9om each, promote economic ties Ryi Quak Hiang Whai THE southern Chinese city of Guangzhou plans to offer 55 new projects averaging US$9O million (*****.8 million) each to Singapore investors as part of
      479 words
    • Article
      Lock icon China seeking better system to resolve labour rows: report
      272 10 BEIJING Reuter CHINA is trying to improve the way it settles labour disputes to help ensure social stability after a record number of such clashes came to arbitration last year, the China Daily said yesterday. The Ministry of Personnel this week
      Reuter  -  272 words
    • SINO Briefs
      • Article
        Lock icon Welfare scheme for axed workers
        76 10 Reuter (BEIJING] China is to set up a welfare system in urban areas by 2000 to help workers laid off from state enterprises adjust to market-style economic reforms, the Xinhua Daily Telegraph said yesterday. The State Council, or cabinet, issued a circular this week saying
        Reuter  -  76 words
      • Article, Illustration
        Lock icon So much for the company
        76 10 Reuter [BEIJING] A pet monkey named Houzi yawning during babysitting duties with the family cat yesterday. The pets' owners claim they bought the cat to keep the monkey company and that the pair are good friends. The keeping of pets, once frowned upon as a
        Reuter  -  76 words
      • Article
        Lock icon Missing tycoon alive: police probing claim
        91 10 AFP [HONGKONG] Hongkong police yesterday said they were investigating a shock claim that a leading property tycoon, missing since being kidnapped in 1990, is alive and will soon return to resume control of his multi-billion dollar empire. A personal assistant to the wife of
        AFP  -  91 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      366 10 FINE CHINESE PAINTINGS CULTURAL REVOLUTION PORCEUIN MCTION Venue: Royal (Holiday Inn) Crowne Plaza H Preview: 6th August 1997, 1 lam 7pm 7th August 1997,1 lam Ipm Auction: 7th August 1997, 2:3opm Victor Morris Team Pte Ltd Dairen Aits Crafts International Auctioneers, Valuers Agents Auctioneers (S) Pte Ltd 1 Sophia Road,
      366 words
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      Page 10 Advertisements Column 2
      701 10 HIXi dhiho i Some of you would never dream of buying clothing from a catalog libu're our kind of customer: «EHH At Lands' End* the Direct Merchants from \\M America, we understand your skepticism. i y9H Millions of our most devoted customers felt lifftt the same way, once... f\\\ fl\
      701 words
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  • ASIA
    • Article
      Lock icon Korea First Bank to get 1.6 trillion won bailout
      552 11 SEOUL Govt to take a 49% stake to prevent one of S Korea's biggest banks from collapsing Bloomberg THE South Korean government will pump 1.6 trillion won (552.7 billion) into Korea First Bank and take a 49 per cent stake in
      Bloomberg  -  552 words
    • Article, Illustration
      Lock icon Nose job for Brad Pitt
      77 11 [MELBOURNE] Lisa Partridge, a hair and colour artist with London's Madam Tussaud's museum, putting the finishing touches yesterday to the wax head of Hollywood star Brad Pitt as the bust of actor Mel Gibson waits its turn. A large consignment of wax figures from Madam
      AFP  -  77 words
    • Article
      Lock icon N Korean food shortage close to crisis point: US aid official
      282 11 WASHINGTON AFP FOOD shortages in North Korea will reach a high point in the next 30 to 60 days and could permanently disable many of the country's 2.6 million young children, a US aid official said on Wednesday. "It's
      AFP  -  282 words
    • Article
      Lock icon Seoul to spend over US$3b on US military jets, missiles
      200 11 WASHINGTON Reuter SOUTH Korea plans to buy four Boeing E-767 military radar jets and 248 shoulder-fired Stinger anti-aircraft missiles from the United States for more than US$3 billion (554.6 billion), the Pentagon said on Wednesday. The sophisticated Airborne Warning and
      Reuter  -  200 words
    • Article
      Lock icon India divided over plans for corporate funding of parties
      323 11 NEW DELHI AFP INDIAN politicians and industrialists are divided over a proposal for corporate funding of political parties as a step towards cleaning up India's murky electoral system. The political class is not sure if it should accept money from the
      AFP  -  323 words
    • Article
      Lock icon US all set to levy fines on Japanese ships
      387 11 TOKYO Ranrtiflnfl Ha* Hlino passed yesterday without settlement Reuter A SANCTIONS deadline passed yesterday in a US-Ja-pan spat over port practices, clearing the way for Washington to levy US$lOO,OOO (*****,000) fines on Japanese ships entering US ports. Japanese and foreign shipowners
      Reuter  -  387 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      128 11 j Be among the privileged 100 I I to own this limited edition I I Jubilee Watch by Patek Philippe. I Cortina Watch Centre celebrates its 25th anniversary with the speciallycommissioned Jubilee watch by Patek Philippe, limited to only 100 pieces. The ref. 5057 is painstakingly handcrafted by the master
      128 words
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      Page 11 Advertisements Column 2
      60 11 r-^ m m 9 hly $9.tin room, I Christofle Paris A Marquise de Paiva: Pavilion Christofie The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3 Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3 Takashimaya Singapore Level 2, 391 Orchard Road, Singapore
      60 words
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  • THE WORLD
    • Article
      Lock icon Eyes on Greenspan's speech for new interest rate clues
      306 12 WASHINGTON Reuter FEDERAL Reserve chairman Alan Greenspan is set to deliver a policy speech tonight that investors will scour for hints of where the central bank wants interest rates to go. Mr Greenspan will speak on monetary policy to an audience
      Reuter  -  306 words
    • Article
      Lock icon US factory orders up 0.2% to record US$330b in July
      419 12 WASHINGTON Orders for cars, food up; electronics, communications equipment down Bloomberg ORDERS placed with US factories unexpectedly increased in July to a record level, a sign that manufacturing could be poised for faster growth, Commerce Department figures showed yesterday. The
      Bloomberg  -  419 words
    • Article, Illustration
      Lock icon The love that Diana chalked up
      48 12 [LONDON] Passersby taking a closer look at a chalk likeness of Diana, Princess of Wales, which an artist drew on a pedestrian street in central London on Wednesday. Millions ofpeople are expected to attend the funeral service for Princess Diana tomorrow. REUTER
      REUTER  -  48 words
    • Article, Illustration
      Lock icon WTO says EU criticism may undermine it
      348 12 GENEVA EU official had called for democratic control of WTO Bloomberg WORLD Trade Organisation Director-General Renato Ruggiero said calls by a top European Union official for "democratic control" of the WTO threaten to undermine the authority of the global trade arbiter. Mr Ruggiero
      Bloomberg; FILE PHOTO  -  348 words
    • Article
      Lock icon White House set to push 'fast track' trade legislation
      327 12 WASHINGTON Reuter WHITE House officials are putting the finishing touches on proposed trade negotiation legislation that they plan to send to Congress next week. Administration officials admitted this week they face a tough political battle to win passage of the so-called
      Reuter  -  327 words
    • Article, Illustration
      Avoiding the glare of press scrutiny
      729 12  -  WORLD VIEW Princess Di (sometimes), corporate bigwigs and bank robbers ran from publicity By Kevin Sullivan MUCH has been written this week about the sad demise of Lady Di. Little to add here, other than to note that the princess used press scrutiny in
      729 words
    • Article
      Lock icon New accord on investment will boost world growth: OECD chief
      324 12 OTTAWA Bloomberg OECD chief Donald Johnston said the proposed 29-country agreement on investment will help developing countries and boost the world economy. Mr Johnston, a former federal justice minister who be came chief of the Paris-based OECD in June 1996
      Bloomberg  -  324 words
    • Article
      Lock icon Bundesbank leaves key rates unchanged again
      99 12 FRANKFURT AFP THE Bundesbank left key interest rates unchanged at its regular central council meeting yesterday, a spokesman for the German central bank said. The discount rate remains at 2.5 per cent and the Lombard rate at 4.5 per cent, their levels since April
      AFP  -  99 words
    • Article
      Lock icon IMF approves US$700m loan to Russia
      196 12 WASHINGTON But Russia needs to improve revenues, control spending Reuter THE International Monetary Fund (IMF) on Wednesday approved the release of a US$7OO million (551.06 billion) tranche of its three-year loan to Russia and said economic developments in the first half of 1997 were
      Reuter  -  196 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Manipulating UN for fun and profit?
      817 13  -  188 BOTTOMLDIB OPINION By Thomas Friedman The writer is a columnist for The New York Times MEMO to: My Literary Agent Dear agent: You recall last summer I sent you a proposal for a novel about how Saddam Hussein was deftly using his relationship
      817 words
    • Article
      IN OTHER WORDS
      101 13 'I have tasted ultimate success, so I can leave without any regrets.' Carl Lewis nine times Olympic gold medallist after his last race. 'It's like the climate. We complain about it but since we cannot change it, we learn to live with it' Professor Syed Hnaaein Alatas
      101 words
    • Article
      Indonesia takes the medicine
      638 13 EDITORIAL THE radical measures announced on Tuesday by the Indonesian authorities to revamp the country's economic policies reflect courage, foresight and cool thinking in the face of adversity. The Indonesian economy has been severely buffeted by the crisis of confidence that has rocked South-east Asian bourses
      638 words
    • Article, Illustration
      Lock icon Real lesson from Asia
      1405 13  -  Present turmoil reveals Asia's growth was no miracle and there's no reason growth can't on By) Martin Wolf Financial Times IS THE Asian "miracle" over? Despite the turmoil in the region's stock markets, which has driven the FT/S&P Pacific Basin (ex-Japan) index down 9 per cent
      Financial Times; FILE PHOTO  -  1,405 words
    • Article
      WHAT THE OTHERS SAY
      694 13 Bbnarket for steel narvee THERE is no rationality to the market's fluctuations though conspiracy theories abound. In Hongkong especially, there is no reason for pessimism. Wild speculation on rumours have been with us from the time the market came into being and will remain; it is
      694 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      51 13 DOOMESBURY By Garry Trudeau gjuv I LfICEX I'VB 06€N HBAR/N6 ytX/ UJECL,THANK )OU NO PRfIR rrs Wrr Rente, now. if rrSmje. hTpfS&tw.dur ZfiSj /tL4 /jM9/ 6UHATCANI The If I PONT THINK I'M mKZCMB VS&YNIC3 lT POKK-ICU' /WW- j "VWIDWIVW N0U,1X&,% TRy.PEAR! T^Jr vera? o *^^.f%KX* m rruasGOOPtr h&r* i J
      51 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Exploring styles and genres
      815 14  -  Vietnamese artist Quan Tho presents a fantastic array of paintings at an exhibition at Chijmes, says bembidmboe BEN MUNROE THE latest in 1997's long line of V ietnamese exhibitions contains a fantastic array of paintings, executed across such a range of styles that the accidental viewer
      815 words
    • Article
      Lock icon Davenport, Rusedski make to Grand Slam semis
      621 14 us OPEN Davenport survives windy conditions to blow past Novotna LAT-WP THE day Lindsay Davenport won the gold medal at the Atlanta Olympics last year, someone asked her if it was bigger than winning a Grand Slam. She had no idea what to
      LAT-WP  -  621 words
    • Article, Illustration
      Lock icon Controversy over Tiananmen
      794 14  -  FILM A documentary an the *89 pro-democracy protests is slammed by both student leaders and China govt By! Susan Tsang (SINGAPORE! It is rare that a documentary over three hours long can generate enough attention to cause a controversy, but that is exactly what has happened with
      FILE PHOTO  -  794 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      56 14 ORCHARD CAFE Excitement is bubbling at the Orchard v*u v ~j* < %Jfe'Sr Hr 3 iif ';»?T A: ■>*- ;> -Vfcwif r H* 1 -Jilb- J Take a peek Look out for this space next Friday orchardOhotel SNCARMf 442 ORCHARD ROAD. SINGAPORE *****9. TEL 734 7766 FAX: 733 5482 E-MAIL
      56 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      771 15 Buy It. Sell It. Find It. Classified, pf CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertam„.^(Q>££^ What better way celebrate a great week than Sunday Brunch at The I Cafe-in-The-ftrt? Enjoy the fine»t hrunch and aervice at only $28* per adult (only 14* (or the
      771 words
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      Page 15 Advertisements Column 2
      122 15 1 M 4 JJ. i fe> 24-hour Coffee House lat floor The Chicken Rice Capital Of The World HR~ ffiimim~lll S<yy*w 333 Orchard Road, Singapore *****7. Tel: 737 4411 OUT fewneui MoO*C«kes «r« b«eV (rem 11 AuJoiSf. H«*k> «•*»*>« (rem H\e A«*«v ckef Ye's «'f AeKcAcy \>e«u«ttfußy ys+-boxe> fo JleKgM-
      122 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      676 15 TV&RAPIO fl nmlni nl2 ILOO Business Day. iiyHUIUMM 1115 Friday Supper Treat 12.00 NN Berita Jam 12. 2.00 PM TV Innovations. Crimes And Misdemean 12JS PMHawa. 2.30 The Winners. ors (See Our Choice). 12.48 Bisnes Hari 3.00 Money, Money, Money. L2O AM Friday Late Night LOO Nasyid. fTJK a^7#7T7/)9 3.30
      676 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      283 15 CRYPTIC CROSSWORD ACROSS mmc 7 Stay and have a glass of ale 8 Old Greek offering tip-top accommodation Hi H| 10 Quietly receive change for 11 Beast of burden carrying a JIT 12 Savage cut (4) j j Exerting oneself with some WM WM point making records (8) RH-—JHHBH— 15
      283 words
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  • ASIA'S CORPORATE LEADERS
    • Article, Illustration
      Lock icon Building up Land & Houses
      1488 16  - Building up Land Houses Anant Asavabhokhin tells mehta how he started one of Thailand's largest property firms and his strategy for the current economic downturn HARISH MEHTA Anant Asavabhokhin adjusts his necktie and quips that the sum total of his claim to sartorial elegance consists of a single red Ferragamo
      SUKREE SUKPLANG for BT  -  1,488 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Cycle & Carriage half-time net up 3% to $99m
      562 17  - Cycle Carriage half-time net up 3% to $99m Second half will be tough, says group MD, amid pressure on motor margins Reports by Christopher Tan [SINGAPORE] Diversified Cycle Carriage managed a 3 per cent rise in interim net earnings to $98.8 million, but directors said full-year profit will probably be
      STEVEN LEE/ST  -  562 words
    • Article
      New Merc S-class not due here till '99
      204 17 [SINGAPORE) The new Mer-cedes-Benz S-class, widely expected to boost Cycle Carriage motor earnings next year, will not be due till 1999. The top-end range is traditionally the second bestselling Merc here after the E-class, but has of late been facing competition from
      204 words
    • Article
      Telecoms the key to Lion Teck Chiang's growth story
      805 17  -  HOCK LOCK SIEW Ven Sreenivasan WITH so much lacklustre results hitting the market in recent weeks, it was indeed a refreshing surprise to see mainboard-listed Lion Teck Chiang (LTC) weighing in with a whopping 85 per cent rise in its net
      805 words
    • Article
      MCL Land interim profit falls by bigger-than-expected 49%
      328 17  -  Company hit by 54% plunge in development profits Hy\ Diana Oon (SINGAPORE) MCL Land yes terday reported a bigger than expected fall in first-half earn ings a 49 per cent drop to $16 million compared to the same period last year. The
      328 words
    • Article
      BBR Construction 48 times subscribed
      224 17 IPO WATCH Form ends 11.8% above offer price on 2nd trading day (SINGAPORE) BBR Construe tion Systems closed its public offer yesterday with a subscription rate of 48 times. The specialist engineering company had offered 14 million shares to the public at 48 cents each.
      224 words
    • Article
      AsiaMatrix takeover: 1.75m acceptances
      199 17 [SINGAPORE) Overseas Union Bank yesterday said it received 1.75 million acceptances for the unconditional takeover offer made by Silver Beads International Ltd for plastics injection mould maker Asia Matrix Ltd. This represented 6.6 per cent of Asia Matrix's issued share capital. OUB is acting on behalf
      199 words
    • REGIONAL COMPANIES
      • Article
        Kay Hian interim earnings up 7.9%
        180 18 [SINGAPORE] Stockbroking firm Kay Hian Holdings yesterday posted net earnings of $23.1 million for the six months ended June 30, an increase of 7.9 per cent from $21.4 million in the same period last year. Turnover rose 13.5 per cent to $78.3 million from
        180 words
      • Article
        Forget goalposts, level the field
        178 18  -  LETTER TO THE EDITOR Zeng Yi Shun Singapore I REFER to the letter from Y M Chan of Sheldon, Australia headlined "Don't keep shifting the goalposts", which was in response to my earlier letter. All that local shareholders are asking for is that the playing
        178 words
      • Article
        Jardine Matheson and Temasek join hands again
        442 18  -  China property venture also involves Hong Leong, Keck Seng and Dutch fond hYom Quak Hiang Whai in Hongkong JARDINE Matheson Group and Temasek Holdings have again joined hands in expanding in mainland China, tying up this time with Kwek Leng Beng's Hong Leong
        442 words
      • Article
        Huan Hsin reports $5.7m interim net profit
        238 18 [SINGAPORE] Newly-listed Huan Hsin Holdings posted a net profit of $5.7 million for the half-year to June in its maiden set of results since its initial public offer in May. The company said yesterday that there were no comparative figures for the previous
        238 words
      • Article
        Summit shares gain 10% more to 65.5c
        204 18 [SINGAPORE) SM Summit Holdings yesterday rebounded another 10 per cent to close at 65.5 cents. The company's shares had already surged 30 per cent on Wednesday to 59.5 cents. The company has recently applied to the High Court to quash the search warrants
        204 words
      • Article
        Lock icon Easyknit, PLA-linked firm in deal
        113 18 AFX-Asia [HONGKONG] Easyknit International Holdings Ltd said it has signed a letter of intent with a private Hongkong firm that has links with the People's Liberation Army to buy a Beijing property for HK$25O million (Ss49 million). Easyknit will issue 343 million new shares in
        AFX-Asia  -  113 words
      • Article
        Lock icon North Borneo Timbers in final stage of takeover talks
        145 18 Reuter [KUALA LUMPUR] North Borneo Timbers Bhd (NBT) said it is involved in "serious negotiation" to be taken over. In a statement sent late on Wednesday to the Kuala Lumpur Stock Exchange, the timber concern said the negotiation "is now in
        Reuter  -  145 words
      • Article
        Jakarta stock valuations attractive: ANZ Securities
        285 18  -  Currency crisis seen yielding long-term economic advantages From S N Vasuki in Jakarta DESPITE the recent sell-ofT on the Jakarta bourse, a stockbroking firm said in a report yesterday that valuations rent? ined attractive and the currency crisis will yield some long-term advantages for
        285 words
      • Article, Illustration
        Lock icon Renong may develop Trans-Asia Railway
        190 18 KL asks consortium for paper on Cambodia, Viet links AFX-Asia {KUALA LUMPUR] The Ma laysian cabinet has instructed a consortium led by Renong Bhd to submit a paper on developing Cambodia and Vietnam's railways, The Star reported. The proposal will pave the way for construction
        AFX-Asia; FILE PHOTO  -  190 words
      • COMPANY Briefs
        • Article
          Lock icon Kim Eng raising $100m from bonds
          120 18 AFX-Asia [SINGAPORE] Kim Eng Holdings is raising $100 million in unsecured fixed rate bonds due 2002. Citicorp Investment Bank will arrange and manage the issue, under which it will subscribe for the bonds and place them with financial institutions and sophisticated investors. The bonds
          AFX-Asia  -  120 words
        • Article
          Daewoo Securities gets licence for unit
          56 18 [SINGAPORE] Daewoo Securities of Korea has obtained a licence from the Monetary Authority of Singapore to open a subsidiary in Singapore. Daewoo Securities Singapore Pte Ltd will be the first Korean securities firm here, and it aims to secure a base in underwriting regional
          56 words
        • Article
          Prima net earnings up 13.5%
          84 18 [SINGAPORE] Flour miller Prima saw a 13.5 per cent rise in net earnings to $10.9 million in the first six months of the year ended June 1997. The bulk of the rise came from a 31.7 per cent jump in operating profit to $12.2 million
          84 words
        • Article
          Acer's unit buys land in Taiwan
          64 18 [SINGAPORE] Acer Computer International's Taiwan subsidiary Acer Global Inc has bought land in Taiwan to build its own office, factory and warehouse. The 144,000 sq ft site in LinKuo Technology Parte in the Gong-Wu Industrial Zone costing NT$3B4 million (5520.3 million) will be paid
          64 words
        • Article
          Half of OCBC's Kismis units sold
          81 18 [SINGAPORE] OCBC Property Services yesterday said almost half of Summerlea Green, its 55-unit three-storey terrace house development in Bukit Timah, has been sold ahead of its official launch tomorrow. Only 29 units of the six cluster block development are left for sale. Located at
          81 words
      • Article
        Lock icon Brierley's 2nd-half profit up 39% to NZ$195m
        638 19 Firm expects to boost earnings in some straggling investments in next few years Bloomberg [WELLINGTON] Brierley Investments, a New Zealandbased investment company with Malaysian and Singaporean stakes, said it expects to boost earnings in some of its struggling investments over the next few
        Bloomberg  -  638 words
      • Article
        Lock icon Sony, Philips have own rewritable DVD format
        158 19 AFP [TOKYO] Sony Corp and Philips Electronics announced yesterday their own standard for recordable digital video discs (DVD), which is not compatible with the norm put forward by other major electronics makers. This standard, also endorsed by Hewlett-Packard and three other companies, allows
        AFP  -  158 words
      • Article, Illustration
        Lock icon A new Accord for the Japanese
        107 19 [TOKYO] Honda Motors president Nobuhiko Kawamoto introducing the new model Torneo at a press preview in Tokyo yesterday. The all-new Accord and Torneo sedan models will go on sale today, while station wagons will hit the streets on Oct 9. The new Accord line
        AFP  -  107 words
      • Article
        Lock icon Lend Lease in stake sale; forming joint venture
        315 19 Bloomberg [SYDNEY] Lend Lease Corp will sell a 15 per cent stake in Mirvac, worth A 566.3 million (5573.5 million), reducing its holding in the Australian property developer to 9 per cent. The 25 million shares, or 15 per cent of Mirvac,
        Bloomberg  -  315 words
      • Article
        Lock icon Amotts' 2nd-half profit up 14.8%; full-year earnings down 44%
        514 19 Largest Aussie cookie maker has recovered from extortion threat Bloomberg [SYDNEY] Arnotts Ltd, Australia's largest cookie maker, said its market share has increased to 62 per cent and the company had fully recovered from an extortion threat in February. The company
        Bloomberg  -  514 words
      • Article
        Lock icon BHP hints at diamond compromise
        453 19 Group selling part of diamonds through De Beers' CSO when new mine opens: report Reuter [MELBOURNE) Australian resources group The Broken Hill Pty Co Ltd (BHP) has hinted it cannot afford to snub the world diamond cartel when it opens a big new diamond mine
        Reuter  -  453 words
      • Article
        Lock icon Goodman Fielder profit tipped for double-digit growth
        417 19 Boost in earnings seen coming from lower operating costs Reuter [SYDNEY] Australasian food group Goodman Fielder, which releases its latest results today, is expected to have achieved higher earnings from operational improvements, analysts said. Net profit before abnormal in the year to June
        Reuter  -  417 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Venezuela bottler ordered to pay Pepsico US$94m over defection
        363 21 Gisneros Group had switched camps, forming a joint venture with Coca-Cola NYT [NEW YORK] Recouping some of its losses from a defection in Venezuela last summer, Pepsico Inc won a US$94 million (*****.5 million) award that was announced on Wednesday at
        NYT; FILE PHOTO  -  363 words
      • Article, Illustration
        Lock icon Seagate Technology shares fall 6.4%
        520 21 Stock drops after firm pulls out of investors' conference Bloomberg [SCOTTS VALLEY, California] Seagate Technology Inc shares fell 6.4 per cent after the company pulled out of an investors' conference and one of its largest suppliers reported weak demand this quarter. The disk-drive maker's stock
        Bloomberg; Source: Bloomberg  -  520 words
      • Article
        Lock icon TCI, Time Warner to swap cable systems
        271 21 Bloomberg [ENGLEWOOD, Colorado] Tele-Communications Inc (TCI) and Time Warner Inc agreed to swap and combine cable systems with about 2 million customers, the biggest step yet by the nation's largest cable companies to reduce their debt and boost profits. The series of transactions,
        Bloomberg  -  271 words
      • Article, Illustration
        Lock icon PetroFina's NYSE debut
        58 21 [NEW YORK] New York Stock Exchange chairman Richard Grasso (left) with PetroFina chairman Albert Frere (centre) and chitf executive officer Francois Cornelis at the stock exchange in New York on Wednesday marking PetroFina's introduction to the NYSE. The oil and petrochemical group is the first Belgian company
        REUTER  -  58 words
      • Article
        Lock icon Power Computing cuts prices of Apple clones
        267 21 Bloomberg [ROUND ROCK, Texas] Power Computing Corfa said on Wednesday it was cutting prices by as much as 19 per cent on its clones of Apple Computer Inc computers. The move comes one day after Apple announced plans to buy Power Computing's Apple
        Bloomberg  -  267 words
      • Article
        Lock icon Advanced Micro warns of small loss in 3rd-qtr
        233 21 Bloomberg [SUNNYVALE, California] Advanced Micro Devices Inc (AMD) said it expects a small loss before taxes and interest in the third quarter because it was unable to boost production of its new K6 microprocessor as quickly as planned. Analysts were expecting the
        Bloomberg  -  233 words
      • Article
        Lock icon 3Com signs deal with 56kbps modem inventor
        468 21 Modem maker holds exclusive licence to technology, will charge royalty Reuter [LOS ANGELES) 3Com Corp on Wednesday said it had signed an exclusive licensing agreement with the inventor who made the 56 kbps modem possible, in hopes of moving the industry closer to
        Reuter  -  468 words
      • Article
        Lock icon Disney to buy sports network
        310 21 Bloomberg [NEW YORK] Walt Disney Co said on Wednesday it agreed to buy Classic Sports Network and its film library of old sports events like World Series games and championship fights, bolstering the company's ESPN sports cable channel against competition from News Corp. Analysts valued
        Bloomberg  -  310 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon AT&T suing bankrupt credit-card consumers
        376 22 Company claims fraud bat its tactics to wring payments come tinder fire Bloomberg (NEW YORK] AT&T Corp is suing some bankrupt creditcard customers for fraud, another attempt by a big card issuer to wring payments from cash-strapped consumers. AT&T claims that it was defrauded by
        Bloomberg  -  376 words
      • Article
        Lock icon LME board imposes limit to ease squeeze in zinc market
        294 22 FT [LONDON! The London Metal Exchange board on Wednesday took determined action to ease the squeeze in its zinc market which is putting severe financial pressure on China's zinc smelting industry. Chinese smelters who had sold zinc short selling metal
        FT  -  294 words
      • Article, Illustration
        Lock icon Despite bars, there's steel competition
        79 22 [HANOI] A man sitting on his cart loaded with steel bars and rods, going to a construction site in Hanoi yesterday. Vietnam's domestic steel industry has a capacity of 1.7 million tonnes per year. However local steel production has suffered from competitive imports, despite protective
        AFP  -  79 words
      • Article
        Lock icon India may benefit from regional currency woes
        407 22 Investors drawn to its falling rates, good growth, cheap stocks Bloomberg [NEW YORK] Investors seeking a safe haven from Southeast Asia's battered currencies and stock markets may choose closed-end funds that invest in India. "Rates are coming down, inflation is still in check,
        Bloomberg  -  407 words
      • Article
        Hwa Hong insurance unit, US firm tying up
        335 22  -  By\ Siow Li Sen [SINGAPORE] Hwa Hong Corp's insurance unit is tying up with US-based The Hartford International Financial Services Group, a move which is likely to further intensify competition in the general insurance business where margins are already razor thin. Hartford
        335 words
      • Article
        Lock icon Euroyen slips as players turn wary
        228 22 SOSEXReport Reuter [SINGAPORE] Simex Euroyen futures shed more of their recent gains yesterday as players continued to reassess the market's bull run. "It's too early to say that the trend has reversed to the downside," a trader said. "But the market has been rallying
        Reuter  -  228 words
      • Article
        September contract loses grip on 390 level
        156 22  -  MSCI TAIWAN FUTURES -By Perry Gilbert bert, vice-president, Refco Singapore Pte Ltd [SINGAPORE) The Simex MSCI Taiwan Stock Index futures contract made an unsuccessful attempt to hold the 390 level in the September contract yesterday. A sliding cash index proved too much when
        156 words
      • Article
        Lock icon Thai oil demand up 8.3% to July
        268 22 ENERGY REPORT Bloomberg [BANGKOK) Thailand's petroleum demand to July rose 8.3 per cent from the first seven months of last year, the Petroleum Authority of Thailand said yesterday. Growth is about the same pace of last year, though the economy is growing at
        Bloomberg  -  268 words
      • Article, Illustration
        Untitled
        1404 22 DITERBAME CROSS RATES septi C$ -8 ECU ftr 9m m Yw W« «$*>!» Hm g fi Kr iTt 1* *—< yjfc£ •■Wi 1.M0 6.178 0474 4.446 1321 5551 ***** 22.66 0J90 6513 2204 U46 2956 235TO U6 MB 1.091 20 875 CT541 0.461 1718-M./ Canada 0.990 1000 0.647 4.400 1307
        1,404 words
      • Article
        Lock icon CURRENCY REPORT
        251 22 Reuter I<4nnfnn THE US dollar continued to fall, pursuing Wednesday's losses in the wake of comments by Bundesbank president Hans Tietmeyer, with dealers seeing little likelihood of yesterday's Bundesbank meeting raising interest rates. At 1225 GMT, the dollar was trading at 1.8150 marks, down from 1.8163 on Wednesday
        Reuter  -  251 words
    • Article
      COMMODITY PRICES
      1816 23 gQOM FUTURES Sept 4 RUBKR (hiturM closmq «s «t 5 30pm) RSS t CONTRACT<S cwHsAq) Close Volume Opm Month Mqh Low Sett (tonnes) Interest Oct 97 137.25 V425 Nov 97 140.00 1550 Dec 97 ***** 1950 Jan/Mar 98 148.25 148.25 148.50 150 5760 Apr/*n 98 154.50 ***** Jul/Sep
      1,816 words
    • Article
      Lock icon TOKYO
      1634 23 AFP P Nikkei 225 -120J1 JAPANESE share prices closed 0.6 per cent lower yesterday after profit-taking centred on selected blue chips following two days of gains, brokers said. "The downside of share prices is being supported by short-covering in the bank sector from pension funds and foreign investors," a
      AFP  -  1,634 words
    • Article
      WORLD STOCK MARKETS
      2197 23 UHHHHI Industrials Sept 4 hKl *h AB Ports 286.400 5 Abbey National 873.400 13.400 Allied Domecq 471.600 .200 AlMC 145.400 -2 Asda Group 146 unch BAT Ind 528 -1.400 BG Pic 272 2.600 BICC 163.400 -2 BOC Group 1063.400 -16 BR Petrolpum 920.200 5.800 BTR 215.400 -4.600
      2,197 words
    • Article, Illustration
      Lock icon HONGKONG
      1585 24 AFP Q Hang Seng -514.82 HONGKONG share prices fell 3.5 per cent yesterday on prof-it-taking and the absence of fresh incentives, dealers said. "The pull back is within expectations, after the market surged 7.1 per cent on Wednesday on the back of a stronger US market," said a dealer.
      AFP  -  1,585 words
    • Article, Illustration
      Lock icon CHINA
      633 24 Reuter CI Shenzhen Binder -L 76 THE Shenzhen B share market ended lower yesterday on renewed profittaking and fresh selling triggered by a sharp decline on the Hongkong bourse. The B Index slid 1.76 points to 139.11 as turnover fell to HK$3B million from HK$B7 million on Wednesday. The
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  633 words
    • Article
      Lock icon TAIPEI
      389 24 AFP QWP Index -***** STOCKS dropped 3.3 per cent yesterday as investors sought to dump electrical shares on a lack of confidence in the market's short-term outlook. "Dampened by yesterday's sales of shares by institutional investors, retail investors followed suit to dump electrical stocks," said a trader. The TSE
      AFP  -  389 words
    • Article
      Lock icon WELLINGTON
      252 24 Bloomberg Q Wellington 4M SHARE prices closed slightly lower yesterday. The NZSE Top 40-share Index fell 9.06 points to 2,471.06. Within the index, falls beat risers 22 to 15. Trading was valued at NZ557.7 million. Bloomberg *a cooai *N2Bw*inq tl.25 -0.15 5850 Advantages HNXp 0.89 -0.01 ***** Air New
      Bloomberg  -  252 words
    • Article, Illustration
      Lock icon BANGKOK
      826 24 AFP n SET Index +BJ3 SHARE prices rose yesterday on a technical rebound following weeks of dramatic losses, as parliament debated a new constitution. Speculative buying was seen in the battered finance sector, where Thai Farmers Bank stepped in to raise its stake in Phatra Thanakit, further shoring up
      AFP  -  826 words
    • Article
      Lock icon SEOUL
      416 24 AFP D Composite Index 414 SHARE prices closed lower as investors remained on the sidelines hoping the government would announce some stock-boosting news. "Investors were hoping the government would do something to help the ailing market. Many took a wait-and-see attitude," said a dealer. Dealers said the market opened
      AFP  -  416 words
    • Article
      Lock icon SYDNEY
      605 24 AFP PAD Ordinaries -10*5 SHARES fell yesterday as resource stocks weighed heavily on the market. "The big resource stocks have really felt the easing on the US market and their heavy weighting in the indexes has dragged the whole market down." a broker said. The All Ordinaries Index fell
      AFP  -  605 words
    • Article, Illustration
      Lock icon JAKARTA
      742 24 AFP fl Composite Index +2L28 SHARE prices rose 4.2 per cent yesterday in response to recent deregulation plans and cuts on one- and three-month Bank Indonesia certificates (SBIs), dealers said. Dealers warned that they did not see the market rising above the 550-point mark unless the government followed up
      AFP  -  742 words
    • Article
      Lock icon MANILA
      337 24 AFP n Manila +83^5 SHARE prices rose yesterday due to the central bank's announcement of a cut in reserve requirements, allowing interest rates to go down. "The cut should temper rising interest rates, which are seen to slow the country's economic growth," a trader said. The Composite Index rose
      AFP  -  337 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares off lows on late local support
        578 25 AFX-Asia C 3 Composite Index -19.64 SHARE prices closed off very sharp lows yesterday, led by a late buying charge from local funds. Dealers said there was unhindered foreign selling throughout the day despite the announcement of a Ms6o billion (5530.6 billion) market
        AFX-Asia  -  578 words
      • Article
        Untitled
        8709 25 INDUSTRIALS Consumer products <997 Last Vol Day Net Cap MN> L»» Cwpawy Sal* OOO Hlqh Loo P/E Smll 790 400 Ajmomoto 400 -10 6 420 400 22-2 162.1 448 231 Anqkasa 265 15 116 265 239 7.9 390.7 905 370 Apollo Food Hlq 488 18 99 488 400 14.2 1952
        8,709 words
    • WARRANTS & OPTIONS
      • Article
        S'pore Finance warrant's decent figures make it a fairly good bet
        183 26  -  WARRANT WATCH -By R Sivanithy IF THE "flight to quality" which brokers say we're currently seeing continues, then it stands to reason that the Singapore market will continue to recover. It therefore makes sense to look at local warrants
        183 words
      • Article
        Untitled
        3427 26 BONOS, LOANS i WARRANTS m 1997 Last Vol Day Last Owata Avg High Lm St no Company Wa ♦ac- COOO) High Low Bwyar SaMor Prtca 68 30.5 m 3000 m AMDB c5.5******6 31 -2 50 31 30.5 30.5 35 81 41.5 3160 A Acar ******1USS 54 *3 57 54 50
        3,427 words
    • Article
      CLOB INTERNATIONAL
      2306 26 MALAYSIAN STOCKS Or Or 1997 Last V*4 Day Last Oust* H> Oh 1M M M Cap High Law Stna Caanpany Sat* COOP) High La* 8uy*r lajlsr Cvf PX $i> 478 147 ms 5000 AISBSOc U9 -7 160 163 147 149 150 S.0 4.9 0.9 333 1S23 137 54
      2,306 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1724 27 TURNOVER COOO) VALUE COOO) W*l Cf* T1« Cte6 T«U< Mttatrw 93,157 69.588 162.745 236.072 83.237 321.309 rinanc* 15.817 39.656 55,473 134,778 73,992 208,770 Ho**J X381 2.390 5,771 6.491 2.239 8.731 ProMrtMt 14.059 16.777 30.836 69.985 13.194 83.179 PMntMton 5.647 5.647 7.288 7.288 MMnq 871 871 997 997 8LW 8,208 13,264
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      • Article
        MAIN BOARD
        5235 27 Gr Gr M Wt 1997 Last Vol Day Last Quota Otv Olv Vld Nat Cap Avq High Law StNo Company SOa COOP) High Low Buyar SOW H C'vr P/C $mW Price INDUSTRIALS 157 83 a 1020 ACE 0ynamics60c 87 -2.5 60 87 83 84 87 -8.8 712 98
        5,235 words
      • Article
        SESDAQ
        1159 27 1997 Last Vat Day Last Owata C>* 0»v YM Ma* CaS Am "*i Lf" StNo Company Sata (OOOI M*n LavBwyar Saftar Or P/t Prtea HOMO 186 76 a 2000 ABRMMqsSc 107 -3 379 113 106 KM 107 10 6.0 0.1 152.9 47.6 109 412 144 a 2049 AS Auto
        1,159 words
      • Article, Illustration
        HOT STOCK
        62 28  -  -bf! Susan Tsang MALAYAN BANK fell $125 yesterday to $8.15 on a volume of 2.47 million shares, compared with its lOday traded average of 296,200 units. The daily and weekly RSI and stochastics are heavily oversold, and investors should begin selectively buying. It is worth noting, however, that
        62 words
      • Article
        Untitled
        222 28 Stacks Volume •BerjayaGroup 12.873.000 •Magnum Corp50c 11.709.000 •Pub Bk Foreign 11.56fi.000 Hotung Inv NT5 10,955.000 •MBf Capital 10.706.000 New Toyo 25c 9.200.000 •Multi-Purpose 8,495.000 SM Summit Kk 6.661.000 SingTel 15c 5,566.000 •Rekapacific 8h 5,410.000 Stocks (JOB Foreign 37.620,340 SPH Foreign 34,607.912 DBS Foreign 31,887,200 City Dev 50c 28,197.927 OCBC Foreign
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      • Article, Illustration
        Selling pressure in M'sia fans buying interest here
        690 28  -  STOCK MARKET COMMENTARY Property, electronics issues rebound, but a sell program on foreign tranches of banks suggests a still-lingering concern R Sivanithy [SINGAPORE) Stocks yesterday benefited from almost ferocious selling pressure in Malaysia, with property and electronics counters proving the most favoured.
        690 words
      • ON THE GRAPEVINE
        • Article
          Oops
          128 28 WITH bouraes as volatile as they are these days, a day is a long time in the market So just for the record, Deutsche Morgan Grenfell's Asian research head called to explain that after months of hectic work on commentaries on regional markets in turmoil, there was a slip.
          128 words
        • Article
          Crime and the SICC
          95 28 THE Singapore Island Country Club recently introduced a change to its rules. It amended Rule 37 (vi) and had it approved by the Registrar of Societies—so that "any member who has been or is any time either before or after becoming a member convicted of an
          95 words
        • Article
          Cash or share?
          130 28 GIVEN the share prices, there is only one possible outcome for Sembawang Corp's bid for Jurong Shipyard, which closes today. SembCorp is offering $6.80 a share for Jurong. This could be either cash, or a combination of $3,400 and 500 of SembCorp Bhares for 1,000 Jurong shares.
          130 words
        • Article
          Money for the bosses
          109 28 ONE of the benefits of owning a non-listed company is that you don't have to explain big salaries to shareholders (and the SES). Just look at Hong Leong Holdings, the private vehicle of the Kwek family. In 1995 the directors were paid some $2.85 million. Perhaps
          109 words
        • Article
          Thanking their hacky IPO star
          54 28 ITS EASY to feel lucky in this market if you are on the other side of the divide. Says the managing director of a firm which was supposed to have listed last month: "See, lucky we haven't listed. Otherwise we would have lost 40 per
          54 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      107 17 Save up to on imported office furniture. mm*' Don't miss this rare opportunity Effezeta L of saving 10% to 30% on all imported office furniture at Boss Design. So hurry down to either our Suntec or IMM I showrooms. Promotion is from 22 August A" 30 September '97 and we're
      107 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      156 18 ypJw Ks, 3W- Li-, ■■wmjtffr'' '""DBD^C Ki Just Minutes From Brisbane or fStr&i The Gold Coast and AH Amenities FREEHOLD land, 1 acre to 10 acre lots. Only $13,000 deposit. (Balance Finance TAP.) nHP' 1 m Full infrastructure completed ready to build! V Free ranch style fencing! Fertile farming land
      156 words
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      Page 18 Advertisements Column 2
      26 18 cow No 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel (65)*****82 Fax (65) *****91 OFFSHORE WITH CONFIDENCE
      26 words
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      Page 18 Advertisements Column 3
      46 18 Invitation to Importers, Manufacturers and Sole Distributors: You Want To Increase Sales?? Contact: Ph: *****86 (8 a.m. to 6 p.m. Page: *****714 Mon. to Sat.) Fax: *****69 We are experienced and have track-records in Direct Sales/Marketing Strategies and willing to discuss on SUCCESS-SUCCESS interest for all.
      46 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      25 19 LALIQUE' 4 Kg Vase Grverny $1,665 Hilton Shopping Gallery #02-03/04 Tel: 734 1363 Millenia Walk #01-14/15 Tel: 336 2202 ©1995 Lalique A F BCMJAMIN GROUP
      25 words
    • Advertisement
      Page 19 Advertisements Column 2
      510 19 H The HourGlass Limited (Incorporated In tne Republic of Singapore) NOTICI OF ANNUAL GENERAL MIITINO NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of the Company will be held at Mandarin Singapore, Room 832, Bth floor, South Wing, 333 Orchard Road, Singapore *****7 on Monday, 22 September 1997
      510 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1022 20 BUSINESS Notices JjSk PAN PACIFIC PUBLIC COMPANY LTD (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the 26th Annual General Meeting of PAN PACIFIC PUBLIC COMPANY LTD wiH be held at No. 16 Fan Yoong Road, Singapore *****3 on Monday, 22 September 1997 at 10.00 а.m. to
      1,022 words
    • Advertisement
      Page 20 Advertisements Column 2
      187 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF DEFT INTERNATIONAL (PRIVATE) UMfTED (in Members' Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Saction 308 ol tha Companies Act, Cap. 50, tha Final Mealing of the members ol the abovenamed
      187 words
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      Page 20 Advertisements Column 3
      959 20 "V C.K.TANG C. K. TANG LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of C. K. Tang Limited (the "Company") will be held at Beiimtxng Room, Level 2. Marriot Hotel, 320 Orchard Road, Singapore *****5 on 20
      959 words
    • Advertisement
      Page 20 Advertisements Column 4
      402 20 To advertise call toll-free 1800-741 1883 BONVESTS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT BONVESTS HOLDINGS LIMITED (THE "COMPANY") PROPOSED ISSUE ("ISSUE") OF 63,416,156 WARRANTS ("WARRANTS") TO SUBSCRIBE FOR 63,416,156 NEW ORDINARY SHARES OF 550.50 EACH IN THE CAPITAL OF THE COMPANY ("NEW SHARES") TO BE OFFERED BY
      402 words
    • Advertisement
      Page 20 Advertisements Column 5
      395 20 Wi THE HATTER Of THE COMPANIES ACT, CAP. SO AND W THE MATTER OF SUN VALLEY REEFER A TRADING PTE LTD (In Msmlisis' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Ganaral Meeting of the members ol the abovanamad Company duly convened and held at 18-6,1-Chome, Gma, Chuo-ku, Tokyo, Japan
      395 words
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      Page 20 Advertisements Column 6
      382 20 M THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO M THE MATTER OF TOKYU CAR (SINGAPORE) PTE. LTD. (In Members' Voluntary liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenemed Company duly convened and held at 3-1 Ohkawa, Kanazawa-ku, Yokohama, Japan 236 on
      382 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      73 21 a I II i I f i I I RIlTlOm I-- MAPI. IM GOMANT II I I i ii j ..j y 1> M, k i -Trimi in i i redefined in. L——— i m ii .in CXjAS S X C 1 X JA-JB. S—» n i I Cabin trolley
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      59 24 the computer I you this was a I making for Susan 1 j§£. I advertised in /^AwS\. good deal >/ Yup, we got what V is going to be J V Th e Straits Times J f r I we because real nice! pm-\ l±tr i Buyina or se,ling throuih
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      52 25 VROOMS GROOM If you're in the business of providing car care products and services, car accessories and other related services, advertise in Vroom Groom a special focus of The Straits Times Classified on 17 September, and reach out to car owners. Pt Page Florence Long at 9202-4890 for advertisement bookings
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      285 28 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF PANHONG PTE LTD On Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(2Xb)] At an Extraordinary General Meeting of the Company held at 420 North Bridge Road #05-39/40 North Bridge
      285 words
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      Page 28 Advertisements Column 2
      361 28 IN THE MATTER OF THE COMPANIES ACT. CAP. 5* AND (N THE MATTER OF KELVIN PRINTING PTE LTD (la Members Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamcd Company duly convened and held at 336 Smith Street #06-308 New Bridge Centre Singapore *****6 on Is September 1997 at
      361 words
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      Page 28 Advertisements Column 3
      477 28 M THE HATTER OF THE COMPAMES ACT. CAP. SO AND M THE MATTER OF WAC PTE LTD (fciMartwu'ViiluHlMil liM'IH"") NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duty convened and held at 51 Brasßasah Road #06-00, Plaza by tie Park, Singapore *****4 on
      477 words
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      Page 28 Advertisements Column 4
      341 28 I ROYAL SONS LIMITED NOTICE OF FULL REDEMPTION Royal Sons Limited I 5585,000,000 5 per cent Bonds due 2000 (the 'Bonds') I Notice is hereby given that pursuant to I the Terms and Conditions of the Bonds, II Royal Sons Limited (the 'Issuer") shall ■I redeem the Bonds on 23
      341 words
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      Page 28 Advertisements Column 5
      530 28 company IBM B RIDGE Real Quick. Real Smart. Real News BRIDGE To advertise call toll-free 1800-*****83 V C.K.TAWG x CL TANG LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the nth Annual General Meeting of C K TANG LIMITED will be held at Belinbing
      530 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      288 29 Reuter THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,333. Fixtures TIME-CHARTER: ♦Iron Master (built 1982) 127,U00 dwt 13.5 on 46 plus 2 delivery Far East d/c mid-Sept for two-years trading U5512,500 daily Pan Ocean. fKN Trader (built 1993) 69,235 dwt 14.2 on 32.5
      Reuter  -  288 words
    • Article
      MARITIME STOCKS
      251 29 mmLL.min mmmmm Sm* »«/-»> CWTOtst— t.n unch 40 ClMMHMt 0.86 -0425 92 «—tornr- too -0-02 3 ftMUM* 0-375 -0.02 176 MMaMnga 0.56 0-02 M NMSvrHu* 0.93 -OX» 290 HWtHUuaan 0.57 -0.04 337 WlCIWMhy HK5.60 J»y HaWnfi 0.75 uncti M AnnoSMnrrt—6.70 unch 79 5-25 unch 2462 KappaJFELS 3Ji *0.»
      251 words
    • Article
      Carnival to dissolve Asian venture with Hyundai
      369 29  -  US cruise giant says it does not share same views as Korean partner Reports by Marcus Hand [SINGAPORE] US cruise giant Carnival Corp is seeking to dissolve its Asian joint venture with Hyundai Merchant Marine (HMM) Carnival Cruises Asia. The world's largest cruise
      369 words
    • Article
      Lock icon Nepal using Bangladesh ports for foreign trade
      169 29 Reuter [DHAKA] Land-locked Nepal has started using Bangladesh territory and ports for its foreign trade, saying the new outlet will boost the overseas business of the Himalayan kingdom. "It will reduce our absolute dependence on India's Calcutta port. Bangladesh ports will be more
      Reuter  -  169 words
    • Article
      Talks on for US$2b newbuilding order
      213 29 [SINGAPORE) Carnival Corp is negotiating with a number of shipyards for a newbuilding package worth up to US$2 billion (Ss3 billion). The newbuilding package will be for the group's North American and European lines Carnival Cruise Lines, Holland America Line and Costa Cruise Lines.
      213 words
    • Article, Illustration
      Lock icon All set for sea trials
      74 29 [PAPENBURG, Germany] Spectators at the Ems dike watching the cruiser Mercury as the 77,700 tonne vessel starts its second attempt to leave the Meyer shipyard here for its spectacular journey on the Ems river to the Dutch town of Eemshaven on the North Sea. After
      AFP  -  74 words
    • Article
      Lock icon Subic Bay project: Royal Port Services files motion asking to be awarded tender
      455 29 Lloyd's List [MANILA] Fresh controversy has broken out over the Subic Bay Container Terminal bidding process. Royal Port Services, one of the three original bidders for the project, has filed a motion to dismiss a lawsuit by
      Lloyd's List  -  455 words
    • Article
      Lock icon Venezuela refloats oil tanker, reopens channel
      407 29 Reuter [CARACAS] Venezuela's Lake Maracaibo shipping channel reopened to tanker traffic after a grounded oil tanker was refloated at 1510 local time/1910 GMT after a 10-hour closure, a port official said. The Panamanian-flagged Icaro, owned by Venezuela's state shipping company PDV Marina, hit a
      Reuter  -  407 words
    • PORT Shots
      • Article
        M'sian firm to build berth at Bombay port
        76 29 [SINGAPORE! Malaysian shipping and transportation firm {Consortium Perkapalan Bhd (KPB) is to sign an agreement with the Jawarharlal Nehru Port Trust of Bombay to build an extension berth at the port. KPB secured the licence to build, operate and transfer (BOD the
        76 words
      • Article
        K Line adds 2nd loop to Europe service
        88 29 [SINGAPORE] K Line (Europe) is adding a second loop to its intra-European Ibesco service with new calls at Aarhus in Denmark and Bilbao in Spain. The 400-TEU (20-ft equivalent units) Tyne Bridge will launch the new service from Newcastle in the UK
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      • Article
        Volume at Los Angeles port hits new high
        80 29 [SINGAPORE] Over the last 10 years throughput at the port of Los Angeles has nearly doubled to 2,884,774 TEUs (20-ft equivalent units) for the fiscal year (FY) ending June *****7. Volumes for FY 1997 surpassed the port's previous high 0f2,641,540 TEUs in
        80 words
    • Article
      Independent surveyor has to be appointed jointly by owner and charterer
      717 29  -  ADMIRALTY CASEBOOK By\ Selva Kumar VOYAGE charter-parties sometimes contain a clause that an "independent surveyor" shall make a determination on amounts payable or deductible as between the owner and the charterer. The English High Court recently held that for
      717 words
    • Article, Illustration
      Lock icon Oil artery needs big clean-up
      940 30  -  VENEZUELA!! SHIPPING Shipping lines say high risk of grounding in Lake Maracaibo channel may make some stop coming to Venezuela By' Tom Ashby Reuter AT E N S E hush descends over the bridge as the oil tanker approaches buoy 21 of Venezuela's Lake Maracaibo
      Reuter; REUTER  -  940 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      376 30 PAGE Famous 7 AEL 13 famnde 13 •A* 3 FoowjSun Able 13 FroU I Accord 8 Frt Links 13 Ahrenkiel 13 0 Appenship 5 C U k 4 Astro 3 G fMrtr m 16 Austral 9 Gwsh W 9 A,ant 6 GkK N
      376 words
    • Article
      SHIPPING GUIDE
      15306 38 THEBUSINESSTIMES EXPORT ETA ETA Adv*rtis*r V*ss*( Voyag* T*l*phon* ETA ETA Adv*rtis*r V««l Voyag* T*«*phon* SIN pasfn Nam* rum* Numb*r Numb*r SIN D*st'n Nam# Nam* Numb*' Numb*f 05/01 18/11 Clans A NEW HAIHUNG V 97* V MSB 45-*****34 A 01/01 01/10 COSCO AN ME 0093 45 *****00 .B.niiuilfi IIMM
      15,306 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        504 45 Vessel Voy No Berth Arrival Departure Jorsnq Part Altamonte Uc47 J23 alongside 04.09/0300 A st 188 Iit704 J02 alongside 05.09/1015 Bt Lh2 22 *****7 J01 alongside 04.09/1400 3t Mk)o Baru *****7 JOl alongside 04.09/1400 Bt Mm Gt6 S7 *****7 JOl alongside 04.09/1800 Bt Raft indah *****7 JOl alongside
        504 words
      • Article
        CONTAINER SCHEDULES
        1798 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bolanct Rstls Ship Voy No Etb/Btr Period From To From Ac. Uttc 075A 04/1500 U 04/1500 04/145* 04/1900 04/1500 04/*5« ovnoo U 04/1700 MAMS* 05/0*00 21 04/1700 05/0*5* 05/0*00 1 05/0700 05/nS* 05/1400 4 05/1? 00 05/1459 05/1700 Jki j«m
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      • Article
        GLOBAL HOLIDAY
        197 45 Sept 6 Pakistan: Defence Day. Sept 8 Malta Feast of Our Lady of Victoria. SeptU Pakistan: Quaid's Anniversary. Spain Holiday in Catalonia, Catalan National Day. Sept IB Japan: Respect for the Aged Day. Slovakia Feast of Sorrowful Virgin Mary. South Korea Chusok (Thanksgiving). Sept 16 Hong Kong: Chinese
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      • Article
        COCKETT BUNKER MARKET REPORT
        804 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price rente* 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 indicat ed The Cockett Bunker Price Index change and
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      • Article
        VERITAS BUNKER QUALITY REPORT
        530 45 Cartoa 180 Mai 991.4 0.9 15.4 0.06 75 0.04 28 Density Nittr RtMdut Ask Mgminium Sadlment No above E2S 1 0 1*0 0 0 380 Ave 986 0 OJ 12.7 0.06 31 0.02 tim 380 Mai 994.0 0.8 17.7 0.08 55 0.07 W>ri %m/m %Mgj mi
        530 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Delta Air calls on BA to give up 700 Heathrow slots
        453 46 EC's proposal of 350 slots not enough to ensure competition Reuter [LONDON] European proposals for approving the alliance between British Airways pic and American Airlines were attacked by a rival US airline as being less than halfway adequate. A
        Reuter  -  453 words
      • Article, Illustration
        Lock icon Lufthansa may start low-cost European airline
        550 46 German carrier hopes to revive declining domestic business Bloomberg [FRANKFURT] Deutsche Lufthansa AG said it may create a new low-cost European airline to fly less-travelled routes within Germany and on the continent to stave off rising competition from lower-cost carriers. "It's one of several
        Bloomberg; REUTER  -  550 words
      • Article, Illustration
        Lock icon Vietnam Airlines does not plan to ground Tupolev aircraft
        336 46 Reuter [HANOl] Vietnam Airlines said yesterday it had no plans to ground its four remaining Tupolev aircraft following the crash of a Tu-1348 in Phnom Penh, which killed 64 people. Airline spokesman Nguyen Chan said the state-owned flag carrier would continue
        Reuter; REUTER  -  336 words
      • Article
        Lock icon M'sia requests more HK flights when new airport opens
        251 46 Bernama [KUALA LUMPUR] Malaysia has requested to have more flights to Hongkong when the new Chek Lop Kok International Airport there begins operations next April. Transport Minister Ling Liong Sik said the present onerunway Kai Tak Airport had limited slots which
        Bernama  -  251 words
      • Article
        Lock icon Boeing to get US$3.2b of weapon orders from Korea, Egypt
        187 46 Bloomberg [WASHINGTON] Boeing Co is getting US$3.2 billion (Ss4.B billion) of weapons orders from Korea and Egypt, the US Defence Department said in a statement. The largest part of that total is a US$3 billion order from Korea for four
        Bloomberg  -  187 words
      • Article
        Lock icon Chek Lap Kok's opening date may be decided soon
        408 46 Reuter [HONGKONG] Hongkong's government and airport and rail authorities will meet this month to seek common ground on an opening date for the territory's new airport, an aviation official said. There has been speculation in Hongkong that the HKS7O.7 billion (5513.7
        Reuter  -  408 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1642 46 CITY FLIGHT ETA FU$HT ETC MI895 2150 MM96 MB A4aM* S0230 W30 m+M ktft Q35 AY9i «35 Amsterdam SO327 0750 IOM4 0040 MrosMau S0977 1655 S0978 0120 U.B37 1455 KLUI 2300 No CM MM* VN741 1310 ****** 0850 DUt 2355 SOm 1420 S0172 0930 2355 GA839
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  • Page 29 Advertisements
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      Page 30 Advertisements Column 1
      1160 30 I NORTH AMERICA I I EXPORT OTHER DESTINATIONS I DIRECT TO WEST COAST [~~j WBT COAST OF CfffTRAL AMERICA fIUAWQARfTA SERVICE) ~l Vtssa VOY IEttSW |ETDsm| u|<MK|va|SU|MI|HOU|OOC|NY I MEXICO OTY vraa vqt an Inarm |KMnu|wt«MM I —■■lMA lianmmbo Imtac -zrzr ttzt i (TO tin li7a 11/14 IV1« 11/10 m/u 14/14
      1,160 words
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      Page 30 Advertisements Column 2
      647 30 Speedy S an< QUalit V V Service to Jl f CALCUTTA EXPORT 3 Japan 2 Hongkong 1 Mon.lo I Kaetung ,Accept.ng Kl to BKK MAHA SENDAJ CEBU ICH "VBBt TOY m PW —JRT M |mnl HKO KAA ~RB —TYO VOK IMT79SS OSA UK» Aaaova mi 07w o£w TOTTO jCTj laf
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1126 31 TO EUROPE FROM EUROPE Ivissa VOY S* KTM HAM KV SOU LEN 11 VESSEL VOY RTRI HAM RRV SOU UH KG wT| 00Q GERMANY 3357 04/09 27/09 25/09 22/09 23/09 TYNE 4347 14/00 11/01 19/00 00/09 NEOUOYD OCEANIA 5367 11/09 02/10 30/09 04/10 AFUMWUSU 2347 10/00 21/00 23/00 09/09 OOG
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    • Advertisement
      Page 31 Advertisements Column 2
      2427 31 0 HANJIN SHIPPING USA CANADA* |unihau/vot kam sw sia roi m |ror |oo on obi wt |rw mim oos >rrc otf m m |m| m urmtoow 03/w M/w 2S/w 27/w m/w m/w "a/oT" m/w 27/w ~30/w~ oi/io 10/w m/w oa/io "oi/io" 27/w oi/i> o»/»o m/w 20/w H.KAOHSMGQ2H 10/0* 11/W 01/10
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      Page 32 Advertisements Column 1
      1793 32 <5= DSR-SEMATOft\ lm Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT «ntL lyov Is*"! rtm I aiit I bbv |mm lax I lha 11 vessel m uu fix htm wv mm si CMOYANG MOSCOW WF?S" oTS" "165" 26 66 »N *06 0110 BJ 10 CHOYANG WOULD EE7J7 ltd 11H
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      Page 32 Advertisements Column 2
      1225 32 I NORASIA 1 VESSEL VOY SIN OOA BCL VAL ALO ROT MX ANT FEL LHA NOR SINGA 9735-3 11D9 ?MS 2MN 07/10 06/10 MTU WII 02/10 83/10 01/10 MIC JASMINE 9736-3 IMO 06/10 06/10 14/10 15/18 13/18 11/18 11/10 12/10 10/10 NOR KIEL 9737-3 25/99 IMB 12/10 21/11 22/18 11/11
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    • Advertisement
      Page 32 Advertisements Column 3
      557 32 LINE A tfta *****80 FAX) 2291*27 MUARA LABUAN H vessel vot no eta vtssa vor nt ro SPOtl Mil A* A SfOM IM jpoospb v 7«/»; 05/w 00/ot jpoospei vw/i; os/o» 09/09 apmigwot rm/11 m/m 12/09 Amootr vtm/97 m/m u/09 JPOOSPB V2II/97 14/09 17/09 JPOOSPB V2ll/97 14/09 10/09 APttGWtT V2X/97
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  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1492 33 I VESSEL VOY SIN BKK POU PKO PEN BLW SUR |BA I BIK IRAN TAKHTI PJL-1240 28/08 06/09 08/09 IRANVAHOAT PJL-1253 04/09 31/08 07/09 22/09 24/09 IRAN GHEYAMAT PJL-1248 31/07 07/08 02/08 18/08 18/08 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA, KAZAKHSTAN. UZBEKISTAN,
      1,492 words
    • Advertisement
      Page 33 Advertisements Column 2
      2109 33 SAILINGS PER WEEK "1 TO EUROPE ON I MONDAY, FRIDAY 4 SUNDAY J I SINGAPORE S GENERAL AGIIITS: 6 SHENTON WAY TIL* 22t HM FAX: *****08 OUTWARD (B/L) COSTAR SHIPPING PTE LTD #17-OIMSBU>G SAUS/IKGS *****41/43 INWARD OEPT (D/ 0) *****8s COSTAR AGENCIES (M) SDN BHD CR HO: 1 i *****Q000M
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      Page 34 Advertisements Column 1
      1286 34 EUROPE/UKTSCAMDtNAVIA^INLAKD/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV TMP ROM ANW HBG PKI SGP E REACH RW-015 07/09 26/09 82/10 27/09 2W09 30/09 01/10 E GROUP RE-OS 6 10/00 13/04 12/01 13/ M 14/01 0«/09 09m 1 REWARD RW-02S 13/09 03/10 09/10 04/10 00/10 07/10 00/10 E GLAMOUR RE-052
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      Page 34 Advertisements Column 2
      1221 34 lIXPORT VESSa ¥OTA« WMJUUUDWUMIWrUI VESSEL VOTAGE DUI JU AM MM MM SOP I IMAHEAD 0477 001W 11/W 71/W 71 /W 77/W TIM 74/01 74/W 74/01 •UM (OIKORO *****3* 75/01 75/01 74/0 I 77/01 71/01 OC/D9 I UM COHORT 047M37W 11/01 71/W 71/W 71/W 30/W 01/10 01/10 01/10 UN AMU 044f001E
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      Page 34 Advertisements Column 3
      492 34 (W nantailine] FUUT CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vissa I vot I s« Imi jDm err mmiDUfiOH oois 07/W 17/W 21/W 2S/W Mimirßwa pits IS/W 30/w 01/10 mmiwws 022s 27/0! os/io ia/10 k/io NQftf PITS m/ 10 13/10 17/10 21/10 mmrtmass om ivio 01/11 21/10 WAiflAI QUEEN 023S 20/10
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      734 35 BSA x M||R MYANMA wBBk FIVE STAR LINE (Myonmar Notional Line) Loading for Yangon (Rangoon) VKSII VOY SIN PKG PEN PGU OHM SHWI HAW 7W SID MALAYSIA AGtNTS: BOUSTUD SHIPPING AGCNCIES KIM: HI 02-03-*****00 Pitt; HI 02-03-*****01 PtJfc 1U 02-04-*****02 PGO: TEL 02-07-*****21/4 BANK LINE (A servic* of Andrtw Weir
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      Page 35 Advertisements Column 2
      1236 35 4 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROE>E BKG: *****32 1 VKSIL I VOY SIN LEH RTM AW HAM 881 Ett HY GENERAL ]307W 07/09 24/09 25/09 27/09 27/09 27/09 30/09 NY DUKE 307W 14/09 01/10 02/10 04/10 04/10 04/10 07/10 HY COMMODORE 306W 21/09 00/10 09/10 11/10 11/10
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      Page 35 Advertisements Column 3
      630 35 FAMOUS CONTAINER LINES /IBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) WEB PAGE AOORESS: www.famsin.com.sg E-MAL ADDRESS: admin@famsin.com.sg DAILY SAILING TO ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 CIVT GLOBEUNK PTE
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      Page 36 Advertisements Column 1
      1038 36 BANGKOK/LAEM CH ABA WO JAK ART A/PA NJA HO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN ANAN BHUM 79N In Pt 09/09 NAHTA BHUM ***** In Pt 06/09 ANAN BHUM 79N8 06/09 09/09 DANU BHUM 010S 06/09 09/09 YANTRA BHUM" 204N 07/09 10/09 11/09 ACX RUBY* 03S
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      Page 36 Advertisements Column 2
      743 36 Ijjjyjjj PUL INTERNATIONAL LINE My (oiMd laanad fwte kvm DM 4 IMb Rurf Day iofcyi tawi Atprts W 1.1 <i imi i SOC (jm+Vry/Hmtm) to d 4hMn m im. I JAKARtt (UK I 5 SI6S/WH |^ia|««|a|il« mi am Mm. 88gar a-«anfr-Hani-iw StA UGtHO tStt )?/W HI 14/W SUN 17/W SUKAiAYA
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      Page 36 Advertisements Column 3
      782 36 J| ACCORD A SHIPPING PTE LTD m *****56 (40 lines) FAX *****46 KM UMG (OS) U7 1001 B DIRECT ACCESS TEL 22SSSS7 (EXPORT BOOKING) MM CUDAMC (07) SSI \S7I 225M17 (EXPORT DOC), *****64 (IMPORT) PfHAMG 104) SSI 1444 URIiMTTP://WWWACCORD.COM.SG MUUtTA (Jl) 640 0770 POtT IU SIN FOITT ETA SIN PORT
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      Page 37 Advertisements Column 1
      350 37 INDONESIA NATIONAL LINE TO EUROPE "H EXPRESS SEMI-CONTAI»IgRfS6D SERVICE "55L VOY STSSE A DAM/R OAM H lURQ IHEMEN ANTWERP KUTAI 39W1 JO/9 J/10 OMIT 7/10 TO AUSTRALIA FULL COWTAINEB SERVICE wt. voy pf jH hk w rn ft w <n ffli Aunanopws «m|iui eui|hm iMt rtm ism am wicmw vsoi|ii4s
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      Page 37 Advertisements Column 2
      772 37 f SSaPII PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO: 100a*****00E is. fc S in i aa j 1. i Wr ililPiliiii^iiilftl 1a..,. jl 111 B E ft I mis' S, «g ii« iiS Z Z n« iSfia lift m KOTAWUUMA
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      Page 37 Advertisements Column 3
      894 37 VESSELS VOY 9N JED 1 PSO LEH HAM RTM THP ANR VILLE DOfttON Y2IW 11A» 20/08 22/09 31 fl» og/1Q 04/10 06/10 06/10 VMXE 06 VELA V2IW IVO9 24/09 28/09 06/10 06/10 08/10 08/10 1(yi0 VJ-E OE CAPELLA T22W 21/09 01/10 03/10 12/10 13/10 1&10 18/10 17/10 \rtLLE DC LIBRA
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      Page 39 Advertisements Column 1
      52 39 To retrieve more schedules, Just follow these simple steps... document M) ial 740-6000 tep be faxed Jb PreSS the port Step key in the four ,JBhone number •Jf digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 f i. jili c United States for calls
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      Page 41 Advertisements Column 1
      424 41 WvM I n iifl fll vessel voy sin maa sin I TIGER BAY 563N 06-07/09 11 16/09 20-21/09 I I DIANA 001/97 08 09/09 13-20/09 23-24/09 I TIGER WAVE 564N 10-11/09 15-19/09 24 25*09 I TIGER ISLAND S6SN 12-1109 17-22/09 27-28/09 I iTIGER BRIDGE 566N 16-17/09 21 25AJ9 30-01/10 I
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      Page 41 Advertisements Column 2
      768 41 I FREIGHT LINKS EXPRESS I 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 08/09 CAPETOWN 07/09 CHILE ETD SIN DURBAN 07/09 VALPARAISO 10/09 JOHANNESBURG 07/09 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 07/09 VALENCIA/BARCELONA
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      Page 41 Advertisements Column 3
      954 41 OOCL (Sinqapore) Pte Ltd CFS Keppel Distrpk for bookime Cfcj »<~L££TtiitmM S u«H!. x^»7 CR NO **********0H Ufc 272 7127 coll 3269 180 fcfc *****13 F.i 221 3942 Fix: 272 7>2S MOtm AMIKKH MSA/ CAJUOA <> ABSTKAiU TO lISA SGP I STO OAK CHI MEM I NYC OUTBOUND |$GP SYO
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      Page 42 Advertisements Column 1
      1174 42 —SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 IB TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAN J2ZSZMSBBSB 7 slgs/week 3 slgs/week VESSEL [VOY [SIN [JAK IVESSEL |VOY I SIN |SUR SINAR TIMUR 928
      1,174 words
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      Page 42 Advertisements Column 2
      1188 42 m 1% *HlrkiL *14* H tk v-a i'JJ.HI TWICE WEEKLY EVERY THURSOAY/SUNOAY lIIJ.HJ ARRIVAL FIXEO OAY-MONOAY VESSEL VOY I SIN I CMS RTM HAM FIT LEH AJW VESSEL VOY LEH FXT HAM ANR HFA I SIN MING SOUTH J735W107/091 24/09 2609 27/09 MING SUN A 7296 SLO SLD SLD SLD
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      Page 42 Advertisements Column 3
      424 42 Singapore Soviet Shipping mm Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM PNG PKL KOTA SELAMAT SMTO3I 05/09 13/09 28/09 3CVOB KOTACAHAYA CAHI9I 13/09 21/09 05/10 07/10 TRADE FAST TFSI97 21/09 29/09 13/10 18/10 KOTA SELAMAT SMTO33 27/09 05/10 21/10 23/10 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA
      424 words
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      Page 43 Advertisements Column 1
      1429 43 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE > i VESSEL I VOY I SIN I CMB 1 MLA I G€N I BCN I LEH I ANR I Ftl N SING A 9735-3 10 SEP 14 SEP 23 SEP 25 SEP 27 SEP 3Q SEP Q1 OCT Q2 OCT MSC JASMINE
      1,429 words
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      Page 43 Advertisements Column 2
      1620 43 VBW ***0- Mm*?- m HAM M UH W KTP fvßsa [m STOKWG PUSA*!KHH IWT Ikok Ingo Iswmzultyo km us; oior oior km 2101 Sm 2741 2141 mimosa mTTTor km mSTWH —1101 1141 OaGaUMNT 1357 04.0T OUT 0449 2241 2101 2541 2101 MS. a* 4137 njor 04 M 0749 1241 OXO9
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      Page 44 Advertisements Column 1
      417 44 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE fSINOTRANSI f J S (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI NEW jjjjHDjß m S/w m 14/09 JIN YU 9748 12/09 17/09 21/09 JIN FU 9750 19/09 24/09
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      Page 44 Advertisements Column 2
      263 44 MAC-hiels scorns M'SIA I nfTTTH Carrier: MM CONTVt LIMES, INC rlvyV"' J mnmnmmmmm s»u: (oe4> 3i«itb mamla (#32)*****61 V PENANG: (04)*****6 BANGKOK: (882)*****67 SURABAYA (31)*****0 P. KELANG: (03) *****77 JKT (21) *****07 MDN: (01) *****3 FXT/KTM/HAM DUBAI MV "HI BREMEN" VO24W MV "SONG HE" VOl 10 ETA SIN: 9-9-97 ETA
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      Page 44 Advertisements Column 3
      158 44 I S pore P.Ketang LoadngFor ■OCEAN ISLAND ICVO9 NarVßdnVAtw/UK I ■LUCKY WEALTH 30/09 NarVRckrVAtwAJK I ■DeLFIM 05/10 NwVßdm/Atw/BmMJK I J Loads E7W. Malaysia. Indonesia I ■ESPERANZA C Jeddah/Aqaba/Egypt 1 ■RAINIER Dubai/Doha/Bahrain/Damman/Kuwait I ■GLOBAL JANE Oubai/Doha/BahrairVDamman/Kuwart I ■'NO Dubai/Doha/Bahram/Damman/Kuwait I ■CHIAN MARINER I -Loads Singapore, EVW. Malaysia. mdonesa I ■OCEAN FRIENO
      158 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      130 45 LEGEND: R Thunderstorm Temperoture c X\ y Shower Weather Wind direction with speed m knots Ron v-X Cloudy Sky Wove he.ght Surfoce wi«vd» are indkoted by arrows which ffy with the wind One ful circle represents calm or light ond variable winds One hoH fleche represents 5 knots I—►. One
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      Page 46 Advertisements Column 1
      90 46 Australia/New Zealand based forwarder is looking to appoint a NVOCC/Consolidator for exclusive representation in Singapore. The successful applicant will be required to: 1. Jointly develop FAK/Groupage Service from Singapore to major Australian and New Zealand ports. 2. Be in a position to receive transhipments from South East Asia/Sub-continent/Europe via Singapore,
      90 words