The Business Times, 25 September 1997

Microfilm: NL20901
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, SEPTEMBER 25,1997
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  • Article
    MARKET SUMMARY
    29 1 D 5jF(-0.97) MBm u 'JjWBHmm WUUm%?KUSEGCmr W r 77M1-J^S HDOB tMMM +Slt,?f IAW8BN9 MJIM4—.♦UtH or una tarn +vm JAKAtfAOOKP—JOJt >I4.1« KAMLAOOHP _Sjl77Ji >»JB -7MI CUACSBHAI imh n
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  • Article
    FINANCE
    26 1 m a wj umZZmi t>. .-tut—im S.— uwZMW gr,. ftj» ftiK jBTjSiii JJi SA I1H BONG- A7S »jW i3SSL wp WWfc Ml (Source: NatWest Bank)
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  • Article
    1998 land sale programme has some relief for developers
    613 1  -  But no cutback when seen over 3-year period, says MND's TAn Hwg lfiang By\ Lee Han Shih [SINGAPORE] The government yesterday unveiled its keenly-awaited land sale programme for next year and Singapore's anxious developers heaved a sigh of relief. At a
    613 words
  • Article
    Merrill Lynch sued by two clients of Kevin Wallace
    484 1  -  By^ Conrad Raj [SINGAPORE] America's largest securities house, Merrill Lynch Pierce Fenner Smith, and its merchant banking subsidiary, Merrill Lynch International Bank, face milliondollar claims from two of their clients who dealt through former financial consultant Kevin Wallace. Malaysians Ho Long
    484 words
  • Article, Illustration
    Lock icon MBf denies Loy's death; Bank Negara says no liquidity woes
    586 1  -  From', Eddie Toh in Kuala Lumpur MALAYSIA'S central bank, Bank Negara, yesterday pledged a cash injection into MBf Finance if needed and called for calm after a run on the finance company, the country's largest. Hundreds of nervous depositors withdrew
    WONG KWAI CHOW/ST  -  586 words
  • Article
    Cutting off markets is no solution: Dr Hu
    461 1  -  But DrVa concern over instability is legitimate and now widely recognised Prom Quak Hiang Whai in Hongkong THE solution to the problem of financial market instability is not to shut off markets, Singapore Finance Minister Richard Hu said yesterday. In a briefing
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      109 1 i j MBillAa TiywkritoWy gMHB pnat Travelers Groop Inches agreed toaoQiilntbi Brothers for more than merger will create the SMond Unset US securities firm in terms of equity capital, Pglt SSfwrtw lny Tbe Labour Ministry is planning to review its lp%n worker tevy as part oondfttans for hiring such Mlliw
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      9 1 Ron pots M'sian banks under asset scrutiny, Pg 8
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      124 1 2 exec condo sites to be allocated toGLCsin '98,Pg2 c YUMes <z Xxui&& A' c Undou&tedlq/ grandest/ c &ilne&& c ߣsimwant/ Sinyap&te/! niwi mts i' if— 'I'*' »■>! t r -jiff n w "j" h^W^BWWIWWWWPPWBBIWBWBPBBPIHPrwfaoig new dimension to pleasurable fine dining amidst grandeur and impeccable service. V So visit this
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      8 1 DrHnon why whole region got hit, Pg 4
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Two exec condo sites to be allocated to GLCs in '98
      426 2  -  This will help govt set EC prices until market settles itself, says Hug Kiang By Diana Oon TWO of the seven executive condominium (EC) sites to be sold next year will be allocated directly to government-linked developers "to help
      426 words
    • Article
      Health ministry monitoring effects of haze closely
      213 2 THE Ministry of Health is monitoring the health effects of the haze closely, said Dr Chen Ai Ju, Director of Medical Services, Ministry of Health. She emphasised at a press briefing yesterday that people who do not suffer from chronic asthma, or lung,
      213 words
    • Article
      Lock icon Appeals Court reserves judgment in Tang case
      232 2 The Straits Times THE three-judge Court of Appeal yesterday reserved judgment in the 14 appeals by Workers' Party candidate Tang Liang Hong after a 2V4day hearing. Its verdict on whether to uphold the High Court ruling that Mr Tang was guilty of defamation
      The Straits Times  -  232 words
    • Article
      Lock icon Ministry to review foreign worker levy
      191 2 The Straits Times THE Labour Ministry is planning to review its foreign worker levy as part of its revision of the conditions for hiring such workers here. Answering reporters' questions, Labour Minister Lee Boon Yang said yesterday that the changes would encourage employers to
      The Straits Times  -  191 words
    • Article
      Case puts 4 timeshare firms on blacklist after 3-mth probe
      263 2 THE Consumer Association of Singapore has blacklisted four timeshare property firms, which accounted for 80 per cent of the 1% complaints lodged by the public against such companies this year. But more telling is the fact that all the 104
      263 words
    • Article, Illustration
      Lock icon More food-beverage outlets close
      349 2  -  E7E ON THE ECONOMY Commerce By) Frances Lui THE shakeout in the food and beverage sector appears to be well underway, going by latest industry figures from the Singapore Tourist Promotion Board. In July, there was a net closure of 63 F&B establishments across the country,
      Source: STPB  -  349 words
    • Article
      China sets up new oil companies to break state entities' monopoly
      362 2  -  ASIA PACIFIC PETROLEUM CONFERENCE Mm crucial to boost production for its growing economy By Ronnie Lim CHINA is moving quickly to set up new oil companies with the first two already formed to break the monopoly of state oil
      362 words
    • Article, Illustration
      Lock icon Unilever expects rapid sales growth
      332 2 BLACK shampoo, green tea and red-bean ice-cream. That's the colourful route to the hearts and minds not to mention wallets of Asian shoppers. And consumer goods giant Unilever, which opened its regional headquarters in Singapore yesterday, expects "explosive" growth in some product lines in Asia,
      ARTHUR LEE  -  332 words
    • Article
      Guangzhou investment drive nets US$40m deals
      283 2 THE first investment drive here by the dynamic southern Chinese city of Guangzhou has netted deals worth more than US$4O million (Ss6o million). The deals were signed here yesterday at an investment seminar hosted by the city's foreign economic and trade commission. Singapore's Dovechem
      283 words
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      252 2 Haze ftlntms 2 lives, troops sent to fight fires, Pg 8 ®GOSEN ROOTS Surpassing All Irons, Approaching Your Dreams K'jMir 7 "200 yards with 5 iron is no longer a dream" _f JI J JI J AERMET applied to landing gears of Fighter Aircraft F-18 and to yi driveshaft of
      252 words
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      344 3 FINALLY, AN MPV THAT DRIVES LIKE A LUXURY SEDAN. Thankfully, the engineers at Honda and performs like a sedan. _ii win I ii_ have never been one to follow Inside, the Odyssey is spacious tradition. In their relentless pursuit of enough for your wife, kids and their HH9|p giving you
      344 words
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  • IMF/WORLD BANK MEETINGS
    • Article, Illustration
      Lock icon KL wants code of conduct for hedge funds
      361 4  -  Anwar calls to IMF to devise framework for code covering ethics, prpfaan<mftl jmd disclosure standards From, Loh Hui Yin in Hongkong MALAYSIA, which has a running battle with currency traders, yesterday proposed that the International Monetary Fund devise a framework to get
      REUTER  -  361 words
    • Article
      Dr Hu on why the whole region got hit
      367 4  -  From Quak Hiang Whai in Hongkong WITH liberalised global financial markets, flmd flows have become rapid, huge and volatile. This poses special worries for relatively small markets such as those in Asean, said Finance Minister Richard Hu, because flind redemptions and
      367 words
    • Article
      Few dare to speak up like Dr M: Anwar
      269 4  -  Not many familiar with PM's forthright manner, he adds From Loh Hui Yin in Hongkong NOT many leaders in the developing world would "dare to speak up" as Malaysian Prime Minister Mahathir Mohamad did when he hit out against currency trading,
      269 words
    • Article
      Lock icon Thai bailout: IMF name at stake, says official
      159 4 Reuter [HONGKONG] The International Monetary Fund is putting its credibility on the line with a bailout package for Thailand, first deputy managing director Stanley Fischer said yesterday. But Mr Fischer said he expected this credibility to be vindicated and, repeating earlier forecasts,
      Reuter  -  159 words
    • Article, Illustration
      Lock icon Agreement on new Asian facility still lacking
      849 5  -  No clear consensu* oi what fmad is supposed to do or «o limits to its pom* From Anthony Rowley in Hongkong WHILE the idea of a new Asian financial ftind to ensure rapid response to crises like the Thai one has taken firm
      AFP  -  849 words
    • Article, Illustration
      Birth of Asian fund is subject to IMF blessing
      722 5  -  Dr He new fond meant to supplement, not compete, with DKF Frrmv Quak Hiang Whai in Hongkong A MULTI-bUlion doUar Asian fund to help countries in the region tide over hard times win only be set up if the International Monetary
      722 words
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      20 4 HOLD YOUR NEXT PRIVATE FUNCTION ATOP THE WORLD'S TALLEST HOTEL. IT'S SURE TO IMPROVE YOUR BUSINESS OUTLOOK. iV |j| kitchens
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      359 4 wmmmmmmrwrnm university of university of PORTSMOUTH, UK DUBUQUE USA UNIVERSITY OF Master of Science Master of Business Admin. SOUTHERN I Quality Management 18th Intake Dec '97 QUEENSLAND, 3id Intake Oct'97 AIA/A llM fir rv AUSTRALIA j OTTAWA UNIVERSITY, UNIVERSITY OF USA Bachelor of Commerce LEICESTER, UK Bachelor of Arts Accounting
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      171 4 CHRISTIE'S ART South East Asian Pictures Chinese Ceramics and Straits Chinese Works of Art Auction: Sunday, 28 September 1997 Viewing: 25-27 September, 10 am to 6 pm (open to the pubic) a Venue: Hyatt Regency Singapore, Sir Stamford Room Qaiiery Talks: Saturday, 27 September 1997 v T at Chinoiserie, Hyatt
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  • FOCUS: PROPERTY
    • Article
      Lock icon London tenants have room to pick their flats
      990 6 With supply of nearly 3,000 new homes coming onstream, they don't have to settle for poor secondhand apartments FT [LONDON] IN THE first half of this year it is estimated that nearly 3,000 new homes in London were sold 'off-plan' in South-east
      FT  -  990 words
    • Article
      House Hunt
      561 7 THt. Hi, «W8g '■jg 'lWW, «WBI HMCv JWi) RW InW iifii' "T""" ftMM»ftm*Cl 1336 *****7 797 220 276 TOW€RRmd 1232 04WW 86) 230 29 WooolamkSt3I 2573 2T50G97 807 00 223 YbhunRKJRD 2776 OSWff? 796 200 251 lYtoutSrJ 277ft 100*97 807 178 221 3-Room (Improved) BebokSTHRD 1646 645 165
      561 words
    • Article, Illustration
      FCC, Hong Leong in race for buyers
      604 7  -  Launch of 99-year condo projects in Tampines within days of each other By] Diana Oon [SINGAPORE] The Hong Leong Group and First Capital Corporation (FCC) are launching projects in Tampines within days of each other, in a race for buyers in a sluggish
      604 words
    • Article
      Fee hike for HDB resale application from Oct 1
      173 7 [SINGAPORE] The Housing and Development Board (HDB) will raise fees for resale applications, and introduce an administrative charge for valuation requests from Oct 1. Buyers and sellers of oneand two-room flats who submit their resale applications by post or by hand
      173 words
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      239 6 I PALACE CENTRE I Till* rcdl'l <)l K<l I I r' Mr*T 11 i I g«| f (|'-S i|" j|'|| I I>. ii ikii i'.; 11. ill H t\\ 11 mH 11 i> l< < Is <>1 si it |i H|sl i, isc 11 m 111 i i iui si/,
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      101 6 TONG nam building I H 73 BUKIT TIMAH ROAD I ~~^Z2Bm I* Freehold enbloc commercial building H I* Show room on ground floor H I* 6 storeys with 2 basement carpark H I* Total 47,760 square feet strata area H Walking distance to proposed Kan dang H Kerbau MRT station
      101 words
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      114 6 ipJuT {'l^nT From the people who gave you CIPL, come blueprints for Property Development Our experienced team at DBS Finance offers financing at competitive rates for. Commercial/industrial or residential projects All stages from land purchase to (re)construction and additions alterations Individuals, small/medium large businesses including shop owners Call 223-0355 for
      114 words
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      18 7 J I read it in "num*. I Catch Citi 1 Mm it Cltitlfiij tkit mliiit^ SWAIpA/ W CATS.
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      26 7 —lO TANNERY LANE (7-STOREY INDUSTRIAL BUILDINO) H* Land area 19,190 sq ft 15 Oct 97 (Wed) 4pm For leiultr doeummts, pitas* comtmct SoUAgtmt i h inmatJMMMM
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      409 7 0 ■r 1.. H v m w mi Begin your own tradition. The Patelt Philippe men's Complicated watch ref. 5039 has our ultra-slim jl, perpetual calendar movement that will automatically adjust Jor V leap years until the beginning of the 22nd century. But whatever innovations RWEK PHILIPPE Pa/r4 Philippe introduce,
      409 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Ramos sets up currency crisis task force
      127 8 MANILA AFP PHILIPPINE President Fidel Ramos pledged yesterday to reduce the country's current account deficit and formed a task force to address the regional currency crisis that caused the peso to fall sharply. "I created a task force to address the regional currency
      AFP  -  127 words
    • Article, Illustration
      Lock icon Chavalit admits mistakes in economic management
      553 8  -  BANGKOK Troubled finance firms will come under supervision of new body: Deputy PM By] Harish Mehta EMBATTLED Thai Prime Minister Chavalit Yongchaiyudh has admitted his mistakes of economic mismanagement following a scathing criticism of his leadership by two former prime ministers during a critical
      REUTER  -  553 words
    • Article
      Run puts M'sian banks under asset scrutiny
      503 8  -  KUALA LUMPUR Pmisitii level* need te rise further in view of higher risk premiums analysts By] Meera Tharmaratnam THE asset quality of Malaysian banks has come under close scrutiny again after an unfortunate case of investor nerves led to a run yesterday on
      503 words
    • Article
      Lock icon Viet central bank sells US$, may alter dong rate
      201 8 HANOI Bloomberg VIETNAM'S central bank has broken a two-month blockade on the sale of dollars to foreign commercial banks and said it may also soon adjust the exchange rate of its currency, the dong. But a bank official said there will
      Bloomberg  -  201 words
    • Article
      Lock icon Haze claims 2 Indon lives, 50,000 troops sent to fight fires
      244 8 JAKARTA AFP. The Straits Times AS Indonesia deploys more than 50,000 troops to fight the choking haze blanketing much of the region, the first two deaths blamed on the smog were reported, while tens of thousands of people have
      AFP.; The Straits Times  -  244 words
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      113 8 I y amazing a new restaurant at the Royal Crowne Plaza located in the heart of Orchard Road. delirious. Paolo's from Italy and Ping's from China, so they've got this incredible menu that brings together both cuisines. And believeHin mf that's not all! There's fri'V) a I fresco dining at
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      77 8 I A Good Catch at Sotheby's I 715 kf SO CM memm mtummtmrn Robert Frank's Sanyu Exhibition: H September 25, 2:oopm to 8:00pm September 26,11:00 am to 7:oopm Royal Pavilion Ballroom The Regent Singapore H Chinese oil paintings on exhibit will be sold in Taipei on October 19,1997 H For
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China reviews policy after slump in pledged foreign investment
      344 9 BEIJING Actual foreign investment however rises (L 3% in first 8 *thstoUSs27.Bb Bloomberg CHINA said pledged foreign investment slumped 43 per cent in the first eight months, Eas cash poured in from eas at the rate of more US$lOO million (Ssls2
      Bloomberg  -  344 words
    • Article
      Lock icon Beijing expected to make tariff changes from today
      332 9 n SHANGHAI Reuter ££lNA is expected to begin announcing changes to import and export tariffs on a wide range of products from today, Customs sources said. The tariff details would include changes to duties payable on imports of soybeans, fNfhean meal and
      Reuter  -  332 words
    • Article, Illustration
      Lock icon China's rocket show
      67 9 [BEIJING] A woman visiting an exhibition of Chinese rockets at a technology exhibition yesterday. The US satellite producer Space Systems/Loral will launch its China Sat 8 satellite on a Long March 38(LM38) rocket, industry sources said yesterday. The new generation LM3B rocket got offto a shaky start
      AFP  -  67 words
    • Article, Illustration
      Benefits from tariff cuts
      665 9  -  GHXVA WATCH Latest move will help high-tech investment prefects and companies'upgrading efforts By Lu Ning AT one of the press briefings last week in Beijing arranged by the Communist Party's propaganda department for the 15th Party Congress, a prepared statement by the star speaker—Vice-Foreign TVade Minister
      665 words
    • Article
      Lock icon Investors urged to return to Chinese markets
      324 10 SHANGHAI Financial papers after two days of sharp losses AFP LEADING Chinese financial newspapers yesterday called for investors to return to the market after two days of sharp losses following concerns over new listings. "Market players should drop their concerns that there will
      AFP  -  324 words
    • Article
      Culture of excess and corruption
      579 10  -  LBTTBR FBOH TASPB Taiwan govt faces challenge In its privatisation effort By Bruce Cheesman CHINESE Petroleum Corp has one of the worst records for industrial safety of any state-run company in Asia, but it sure knows how to throw a party. In an age of
      579 words
    • Article
      Lock icon China, US discuss setting up hot line
      367 10 NEW YORK Albright, Qi&n upbeat about prospects for Washington summit Reuter CHINA and the United States, in a sign of improving ties, discussed a modem hot line between their presidents on Tuesday as part of planning for an Oct 28 summit that both
      Reuter  -  367 words
    • Article, Illustration
      Lock icon Taiwan's unusual pin solder
      52 10 [BEIJING] Taiwanese exhibitor Dustin Yang looking at his company's fully-automatic soldering machine at an Electronics Exposition here yesterday. The machine for pin soldering of coil transformers is the only one in the world with this design. It is manufactured in Taiwan and sells for about US$lO,OOO
      REUTER  -  52 words
    • Article
      Lock icon US$270m German loan for Chinese dam project
      110 10 BEIJING AFP THREE German banks have provided a US$27O million (*****.4 million) loan to China's Three Gorges dam project to purchase six power generators from German firms, the China Daily said yesterday. The loan, from Dresdner Bank, Commerz Bank and DG Bank, was
      AFP  -  110 words
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      297 9 7' >' v f f JLi .ft, S~ m*tW 4 V fi J5 v k■'. x xv y k? >tx y > 1 v igjafct "<\£ *i .i <t v J I 'W sAn > Thai feeling of success, achievement, Whether it's something as simple as making it, getting there.
      297 words
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      327 10 Here's Your Ticket To The Secrets Of International Franchising! FRANC HISING97 j/k The International Exhibition and Conference for Franchising, Licensing and Business Opportunities 25 27 September 1997 Singapore Suntec Centre Starting your own business with the security of a proven concept and jm an established brand starts with a to
      327 words
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      80 10 lira 'SzfcpP qA? there anyplace south of) m (tptoncj (^Ploncj to aet authentic wantonese cuisine? ...Of course. J -.-"i Swour the exquisite flavours of traditional Cantonese disties. prepared by our team of master chefs from Hotkj Kong at tlx- au<ard<uinniny Wah Lok Cantonese Restaurant. ifr* '1' V A inc-intxr <>/
      80 words
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      143 10 HSSittUJBUkUSH 7 We provide consultancy services on offshore structures, shelf companies aid incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Pull nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies
      143 words
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  • ASIA
    • Article, Illustration
      Lock icon 2 Aussie ministers forced to quit amid fraud charges
      498 11 CANBERRA Tins bring* to four the number of ministers brought down by nkwwi icfftgfltiQwg AFP, Reuter TWO Australian ministers were forced to quit yesterday amid allegations of expenses fraud and a cover-up in a major new embarrassment for Prime Minister John
      AFP,; Reuter; AFP  -  498 words
    • Article, Illustration
      West Bengal woos Singapore investors
      345 11  -  SINGAPORE Team here to interest firms in projects worth 75k rupees By] Raju Chellam INDIA'S eastern state of West Bengal is seeking investors and developers for infrastructure projects worth a total of 75 billion rupees (Ss2.B billion). A 16-member delegation led by Somnath Chatterjee, chairman
      345 words
    • Article
      Lock icon Daiwa replaces top officials after raid
      203 11 TOKYO AFP, Bloomberg JAPAN'S Daiwa Securities Co Ltd replaced its top management yesterday following a raid last week over the company's alleged payments to a corporate racketeer at the centre of a widening scandal. Daiwa, one of Japan's "Big Four" securities firms, named managing
      AFP,; Bloomberg  -  203 words
    • Article
      Lock icon Appeals court confirms jail term for Hanbo head
      235 11 SEOUL AFP THE Seoul Appellate Court yesterday upheld a 15-year jail term for the head of South Korea's failed Hanbo Group for bribing politicians and embezzling company funds. The 70-year-old tycoon was found guilty by a Seoul district court in June of
      AFP  -  235 words
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      199 11 Hi !i i mmm I I^ki^ Al^B' i| nfßK/i^feHuWi^^Hn^^R^^l*~^^^Hß^fl^ i Bmi ri BwV^^^^^^^^BßaagaacaMll vWflni r&iEv i Under the direction of its founder and conductor Mat Liljefors, the Royal Swedish Chamber Orchestra jSm ¥JW[ (RSCO) is here to present a mesmerising evening concert fli^jjP And under the patronage of King Carl
      199 words
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  • THE WORLD
    • Article
      Lock icon Boom time for private Swiss banks
      563 12 GENEVA Industry stady finds private assets aider management at 3 trflben francs Reuter PRIVATE banking is booming in Switzerland with an estimated 15 per cent growth in assets under management in the first half to some US$2.l trillion (553.17 trillion), according to the author
      Reuter  -  563 words
    • Article
      Lock icon Fed governor says US economy doing quite well
      288 12 JACKSONVILLE, Florida Bloomberg THE US economy appears to be doing quite well, with prices in check even as resource utilisation rates rise, Federal Reserve governor Susan Phillips said on Tuesday. "The health of the US economy is really quite good at the
      Bloomberg  -  288 words
    • Article
      World disk drive industry set for 20% '97 growth
      518 12  -  SAN JOSE, California Drive capacities continue to grow a healthy 60% annually By Jennifer Lien DESPITE a high-end disk drive market adjustment earlier this year, the worldwide disk drive industry is still set for over 20 per cent growth this year,
      518 words
    • Article, Illustration
      Lock icon US$ hit by Japan, German officials' remarks
      384 12 NEW YORK Reuter, Bloomberg THE dollar opened sharply lower after surprisingly vigorous jawboning from key Japanese and German finance officials, dealers said. Leading the way, the dollar tumbled more than three yen from its high yesterday following remarks by Eisuke Sakakibara, Japan's Vice
      Reuter,; Bloomberg  -  384 words
    • Article
      Lock icon Yeltsin urges tighter control over budget
      283 12 Moscow Bloomberg RUSSIAN President Boris Yeltsin travelled to parliament to call for tighter control over the budget and to wage a new fight against corruption to help the economy grow next year. This was the first time he has gone to the parliament building
      Bloomberg  -  283 words
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      87 12 i Every successful overseas venture is supported by the right software. **U 77)e Seeger excellently a leather as and smooth seeeeß CASHMERE IN LEATHER Berlin Frankfurt Milan New York San Francisco Paris Tokyo Singapore: Ngee Ann City 001-18 Tel: *****00 Paragon 001-24 Tel: *****70 Malaysia: Lot 10 Centre P2 Prestige
      87 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Jakarta must reach roots of haze problem
      743 13  -  OPINION THB BOTTOM LIMB By S N Vasuki The writer is BT's Jakarta correspondent ANY Jakarta resident visiting Singapore these days faces a hostile round of questioning on the haze issue. Singaporeans are appalled when told that the Indonesian capital has been barely
      743 words
    • Article
      IN OTHER WORDS
      109 13 'A billion's a good round number.' -Ted Toner explaining why he gave the United Nations US$l billion (5f1.52 billion), the single largest pledge in the history of philanthropy. 'I'd put my bets on a swift recovery, followed by many more years of high economic growth.' -Jeffrey Sachs
      109 words
    • Article
      China's political reshuffle
      625 13 EDITORIAL LIKE a carefully staged Beijing opera, the week-long 15th Congress of the Chinese Communist Party which ended last Friday came to a climax in its last two days when the faces of the new management team —the central committee, the political bureau and its standing committee
      625 words
    • Article, Illustration
      Lock icon Japan's elusive upturn
      1228 13  -  Hashimoto keeps options open on how to boost economy after unexpected 24% M in Q2 GDP By. Anthony Rowley The writer is BT's Tokyo correspondent IT |s hard nowadays to decide whether Japan's economy is going forwards, backwards or sideways and figures showing an unexpectedly large drop
      FILE PHOTO  -  1,228 words
    • Article
      Hapless buyer taken in by car trader
      433 13  -  IfAH.HAT Tan Kim Seng via email I REFER to the article "New car models delayed after complaints" (BT, Sept 20) by Christopher Tan. I happen to be an unfortunate buyer of the model in question. Thinking that since the authorised trader has been
      433 words
    • Article
      WHAT THE OTHERS SAY
      370 13 GIVEN the primary and potentially destabilising role of the market in directing capital flows and enforcing balance of payments adjustment, the IMF-World Bank meetings in Hongkong have faced pressing questions about the remaining role for policy in correcting market failures and addressing instability. All agree on
      370 words
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  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      A Mercedes like none seen before
      971 14  -  The compact A-class with its chic looks and new technologies changes the notion that Mercs equal big, says CHRUWOFMmt tut CHRISTOPHER TAN The writer was in Belgium for the press presentation and test-drive of the Mercedes-Benz A<lass in July MY SON, who turns three
      971 words
    • Article, Illustration
      Shooting into the next millennium
      913 14  -  ApjiAflling m Uwkg and P'fwmtaiiMi flip hahy Here looks set to be in a class of its own ffy( Christopher Tan MUSSELS in Brussels are served in large pots, swimming in what seemed like a cream-based sauce and sprinkled with herbs. You see folks tucking
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    • BUMPER to BUMPER
      • Article
        Power plants in the Merc A-class
        58 14 THE Mercedes-Benz A-clam is designed to house various different power plants of the Aiture. Its high floor releasee ample room under occupants'£set Where the exhaust system now sits, aome space will be used for batteries in an electric version. A chemical reactor for a
        58 words
      • Article
        N-Steer expected in 1999
        71 14 GKNKRAL Motors-linked Delphi Automotive Systsms has developed an electric power steering system which it says is more cost-efficient and environmentally-friendly. Unlike hydraulic systems, Delphi's B-Steer is powered merely by a 12-voitbrushless motor. Fewer parts are needed; and as it doesn't rely on power from the vehicle's
        71 words
      • Article
        A car at motorcycle price?
        89 14 IMAGMmakinga car body like you would make a detergent bottle. mnkUm technology in the maniActure of its composite concept vehicle—al»«>wiel mall ttt Hrgnlte<l at emerging markets. With this procees, the car can be priced at rixmt USt6,OOO(SIB, 120), or slightly more expensive than a motorcycle.
        89 words
      • Article
        Mobil's rocket feel for cars
        75 14 IN an apparent response to Caltsx's lOOoctane ftiel, Mobil has launched a petetf It says contains a "revolutionary new additive that reduces englm fMction M It claims tests had shown that engins power rose by up to 7 per cent while economy Improved by 2
        75 words
      • Article
        To call a cab,simply press button
        130 14 TRANSPORT operator Comfort has introduced another mode of taxi booking. Called tip Cab Link Hot Button, it la similar to a public phone-linked method introduced by > City Cab recently. But instead of using a preprogrammed phonecard, 10,000 card-operated phones in Singapore will have
        130 words
      • Article
        Traffic watch via Comfort
        64 14  -  Christopher Tan COMFORT cabs will (day traflk watchers and provide real-time Information about congestion to road users. In a plan called TTafllcScan, information about their lecation and speed will be transmitted via their satellite-tracked despatch system and proceeeed by the Land Transport Authority. The dale will
        64 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      55 14 SALUT RESTAURANT 8c WINE BAR 191 A celebration of Border culture with Trench Italian cuisine. 4-Course 'Executive Set Lunch menu at $32.00+++* or a choice of a Co. carte. All specially prepared by Mead Chef KjirlDobCer. 'Our'EjqtcutiueSet Lunch menu changes every Monday and Thursday. To place reservations or ropiest for
      55 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      268 15 [Where to wine, dine and entertain*. imernaiionat Personal Accident Insurance 4545 mSKmtmm kttp ://www. ana-kotels .com Not just seafood either. Visit our home page ami you can (Order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and it'll lie ready to pick up before
      268 words
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      Page 15 Advertisements Column 2
      161 15 I 11— (Dasi-Cecnafc Buffet Lunch Feast all-you-can on our savoury Nasi-Lemak Buffet. Stemmed Homemade Otak Otmk, Gertie Prawn, Crispy Squids with Tumeric Powder, Deep fried Chicken Drumstick, Somkd Lmg Bams with Dried Shrimps... Enjoy your favourite hot dishes served with our lemak fragrant rice simmered in fresh coconut milk. After
      161 words
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      Page 15 Advertisements Column 3
      210 15 For the best catch in town with the greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, -"Palm Terrace Open daily for all-day dining, alfresco style with an exotic Balinese setting. For reservations, please call 731 7990. m BOYAt CROWWE PLAZA* SISMNM 25 Sam Mm*
      210 words
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      Page 15 Advertisements Column 4
      201 15 riaf'i aim ia It'* win H li ferity Cliftifiw Hili SM#>u^y Vj— |J^| Otherwise for light-eaters, we have specially planned for you carefully selected combinations at a great value (applicable during lunch only): •Soup, salad cold appetizer S$ 12.50+** •Soup fit spaghetti -Ssl2.so+++ •Salad hot dishes Ssls.oo+** •Dessert coffee Sslo.oo*+*
      201 words
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      Page 15 Advertisements Column 5
      101 15 JL K'|iP«r« I' IMMTIM e^tood" <S seafood appetlaer MIM ifnlfli bclore r*> Tap of Ac **r. *v* Singapore's Hlgheat 1 lot»lag Keatawaaii. Itiiw os eicttlif tctfood nrirtoßi •e a food and bountiful ike peak of good MMMkqrUackNMloU«pa JSSVttfJSiKK! htm t J» Por reservations plrMt catB3l S2SM> 333 OTCtWd RO*t S»W*»e
      101 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      801 15 T7&EAPIO ____________LOB Epcot Journey To Dis- nese Drama). covery. 1130 TV Innovations. 100 PM TV Innovations. tN Capital City. L3O AM Close. 130 The Winners. X4O Rewind. 340 Money, Money, Money. «m The Three Stooges. 3JO Tech 2000. Adbreak. IXOO NN Berita Jam 12. 4.00 Atom Ant. 4JO I Dream
      801 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      168 15 CRYPTIC CROSSWORD 27 Plainly smart about status (7) 28 Gossips with stories about is- 7 A wizard music man! (7) 24 Custom-wear (5) land race (7) 8 Balcony Rex installed in main iminiiani SOLUTION DOWN kitchen (7) lo|Y|*|fklßlHLUlNlf I 14 Benchmark which is to the ||LU*y*yAy«ara*fflJ 1 Trying members of
      168 words
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      53 16 ■HB■EKft*£&" WAV M f'M t/IUHHHHHHHHHHHMHHHHHaa 'IPiPIP^^-.:-'JsKaw s/ ■>.. A"'- y-. •yVj ,r >w **22 1 >^>vgs%§L -fm W M: fe- V^%3S-- X?*-* mM-y f H j ;t^'r^ff;T|raW:& 1 r^^St r> > '■;*■,';-i:^^ ®E. H J ft- k f, a WELCOME HOME Sheraton Towers Singapore. Thirty-Nine Scotts Road Singapore *****0. Telephone:(6s)737
      53 words
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  • COMPANIES & MARKETS
    • Article
      Lion Teck Chiang in 2nd telecoms project in China
      334 17  -  It is investing $23m in a GSM cellular network in 3 cities in Gnizhou province By\ Soh Tiang Keng [SINGAPORE] Lion Teck Chiang (LTC), a property and steel group, will invest another $23 million in telecommunications in China. LTC announced yesterday
      334 words
    • Article
      Tough container market behind Lion Asiapac's $4.7m net loss
      303 17  -  By\ Soh Tiang Keng [SINGAPORE] Hit by overcapacity and severe competition in the container market, Lion Asiapac has reported an after-tax loss of $4.7 million for the year ended June 30, 1997. This is the first time the group is releasing
      303 words
    • Article
      About to join the fad to buy bonds? Think first
      684 17  -  HOCK LOCK SIEW Neil Behrmann WARREN Buffett is doing it; institutions are doing it, the media are promoting it The fad, of course is "invest in bonds". They are the best defence against an equity crash, say the pundits. When
      684 words
    • Article
      CM Telecom reports HK$33m 3-month net
      217 17  -  Teh Hooi Ling [SINGAPORE] Foreign-board listed CM Telecom made a net profit of HK532.7 million (516.39 million) for the three months ended June. This compares with a fullyear profit of HK$9O.2 million for the year ended March. The telecommunications company, which will list its
      217 words
    • Article, Illustration
      Lock icon Lion Group treats govt's Perwaja stake offer as closed
      284 17 Bernama [KUALA LUMPUR] The Lion Group has considered the government's offer for the group to take up a 30 per cent stake in Perwaja Steel Group as "closed", chairman William Cheng said yesterday. Mr Cheng said the Lion Group had asked
      Bernama; FILE PHOTO  -  284 words
    • Article
      Second Chance posts 15% rise in net profit
      280 17  -  Byl Carol Eng [SINGAPORE] Goldsmith and fashion retailer Second Chance Enterprises yesterday posted a 15 per cent rise in net earnings to $3.7 million for the year ended June 30, surpassing analysts' expectations. Growth was due mainly to increases in the group's
      280 words
    • COMPANIES
      • Article
        Lock icon Pos Malaysia eyeing investment opportunities
        310 18 Postal service firm keen on consultancy projects in Asia, Europe; senior 6M Bernama [KUALA TERENGGANU] Pos Malaysia Berhad is studying the possibility of investing in a number of other fields apart from providing postal service in the country. Senior general manager (counter department), Abdul Khalid
        Bernama  -  310 words
      • Article, Illustration
        Lock icon Renong pays price for M'sia's woes as investors bail out
        429 18 Concerns over future growth as conn try defers major projects Bloomberg [KUALA LUMPUfc] Renong Bhd should have had everything going for it. Its seven publicly-traded companies cover virtually every aspect of Malaysia's economy and its executive chairman Halim Saad is
        Bloomberg; Source: Bloomberg  -  429 words
      • Article
        Indon mining firm Antam to launch IPO
        440 18  -  State-owned firm plans to raise 700b-800b rnpiah From\ S N Vasuki in Jakarta INDONESIA'S state-owned mining firm Aneka Tambang (Antam) yesterday announced plans to sell 430 million new shares through an initial public offering next month. The exercise is expected to raise 700-800
        440 words
      • COMPANY Briefs
        • Article
          Jaya net profit up 38% to $7.9m
          90 18 [SINGAPORE] Jaya Holdings has reported a 38 per cent rise in net profit to $7.87 million and a 5 per cent increase in turnover to $91.3 million for the year ended June 30. The higher profit was mainly attributable to Improved utilisation and
          90 words
        • Article
          Apollo calls off investment in LA hotel
          60 18 [SINGAPORE] Apollo Enterprises said yesterday that it will not proceed with the proposed investment in Furama Hotel in Los Angeles because "it is not possible to meet the Oct 9,1997, deadline set by Tangco International Pte Ltd for obtaining shareholders' approval for the
          60 words
        • Article
          Corrections and clarifications
          61 18 IN AN AFX-Asia report carried in BT on Sept 30, Material Handling Engineering Ltd was said to have incurred an extraordinary loss of $315,000 in the financial year ended June 30. This is incorrect The $315,000 is an exceptional loss, which is deducted before arriving at pre-tax
          61 words
      • Article
        Lock icon AMMB may miss 15-20% growth goal
        214 18 Reuter, Bloomberg [KUALA LUMPUR) Investment banking group AMMB Holdings Bhd may not achieve a previously-stated goal of 15 to 20 per cent pre-tax profit growth for the year ending March 1998 amidst the weak stock market, its chairman Azman Hashim said yesterday. "Before the
        Reuter,; Bloomberg  -  214 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Travelers to buy Salomon Bros' parent for US$9b
        493 19 Merger wfll create second biggest US securities firm in terms of equity capital Reuter, Bloomberg [NEW YORK] Travelers Group Inc said yesterday it has agreed to acquire the parent of Salomon Brothers for more than US$9 billion (5513.6 billion) in stock, creating
        Reuter,; Bloomberg  -  493 words
      • Article, Illustration
        Lock icon IBM stock rockets after chip breakthrough but caution rules
        376 19 Reuter [PARIS] International Business Machines Corp's stock rocketed ahead after news of a computer chip breakthrough, but experts said on Tuesday that many questions remained to be answered. "Until we see how much they can manufacture, what the yields are and
        Reuter; Source: Bloomberg  -  376 words
      • Article
        Lock icon Micron stock dives as Q4 profit Ms short of expectations
        295 19 Worldwide glut in memory chips seen worsening Reuter [PALO ALTO, California] Micron Technology Inc stock plunged on Tuesday after disappointing earnings made it clear that a worldwide glut in memory chips was worsening. Micron, a producer of dynamic random access
        Reuter  -  295 words
      • Article
        Lock icon HP to build computer plant in Netherlands
        186 19 Bloomberg {FRANKFURT] HewlettPackard Co, the world's thirdlargest maker of personal computers, said it will build a PC manufacturing plant in the Netherlands. The new facility will employ about 600 people, the company said. It didn't disclose the cost or location. Hewlett-Packard said it
        Bloomberg  -  186 words
      • Article
        Lock icon News Corp creates new publishing group
        303 19 Revamp combines HarperCollins with magazine TV Guide NYT [NEW YORK] News Corp took steps on Tuesday to revamp its publishing house HarperCollins along with its weekly magazine TV Guide, combining those properties into a new hybrid called News America Publishing Group. The new unit
        NYT  -  303 words
      • Article, Illustration
        Lock icon Here's to more stoat results
        54 19 [LONDON] Guinness chairman Tony Greener holding a large glass of the company's trademark Irish brew during a press conference to announce their interim results in London on Tuesday. Guinness pic posted group profit before tax of £372 million (Ss9lo million), exceeding forecasts 0fE345-E36smillion, and year
        REUTER  -  54 words
      • Article
        Lock icon Shell buying Tejas Gas for US$2.35b
        427 19 It gets ***** km of pipelines to move gut from Gulf of Mexico Bloomberg [HOUSTON] The Royal Dutch Shell Group's US arm agreed to buy Tejas Gas Corp, for U552.35 billion (553.6 billion) in cash and debt, giving it pipelines it needs to transport
        Bloomberg  -  427 words
      • Article
        Lock icon GE Capital set to buy Woodchester of Ireland for US$880m
        257 19 FT [LONDON] The drawn-out auction of Woodchester Investments, the Irish motor and equipment finance company owned by Credit Lyonnais, came to an end on Tuesday when General Electric Capital agreed to pay Irish £591 million or US$BBO million (551.44 billion)
        FT  -  257 words
    • FINANCE & COMMODITIES
      • Article
        UOB, OUB, Keppel Bank beef up Simex presence
        438 20  -  Banks focusing on order filling move timely as exchange is seeing slowdown By\ Siow Li Sen LOCAL banks have been stepping up their activities on the Singapore International Monetary Exchange (Simex), a move which observers said is timely as the exchange is
        438 words
      • Article, Illustration
        Lock icon Morgan Stanley Q3 earnings soar 51% to US$678m
        386 20 Its results augnr wefl far brokerage stocks in general: analysts Reuter [NEW YORK] Morgan Stanley Dean Witter, Discover Co, the world's largest investment and brokerage house, said on Tuesday it earned US$67B million (Ssl billion) in its third quarter, up 51 per
        Reuter  -  386 words
      • Article
        Lock icon Bondholders unlikely to escape in the next debt crunch
        511 20 Bonds now account for about a third of the total debt of developing countries IHT [PARIS] Lenders choose not to hear it, but the message keeps getting repeated nonetheless that a global credit bubble with money available at terms not commensurate
        IHT  -  511 words
      • Article
        Lock icon Chase needs to plug three gaps in business: president
        337 20 Bloomberg [HONGKONG] Chase Manhattan Corp said it needs to fill three holes in its business, including stock underwriting and asset management, to hold on to customers demanding a broader array of financial services. This was revealed by Tom Labrecque, Chase's president,
        Bloomberg  -  337 words
      • Article
        Lock icon Smith Barney to pay US$5.35m to settle charges
        282 20 Bloomberg [WASHINGTON] Smith Barney Inc agreed on Tuesday to pay a U*****,000 (S$380,000) fine and US$5.l million in restitution to settle Securities and Exchange Commission charges of supervisory lapses in connection with a Dade County, Florida, municipal bond issue. Under the settlement,
        Bloomberg  -  282 words
      • Article
        Lock icon Euroyen, JGBs higher as yen rallies
        274 20 rwiwi Report Reuter (SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures headed higher yesterday as the yen racked up sizeable gains against the dollar on remarks by Japanese Finance Ministry official Eisuke Sakakibara. "Sakakibara's comments gave a boost to the Euroyen market. I
        Reuter  -  274 words
      • Article
        Futures trade within a narrow band
        146 20  -  MSdTAIW AM FUTURES By Perry Gilbert, Perry Gilbert, vice-president, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures traded within a tight band in the September contract yesterday, with the contract's expiry looming on Friday. Roll trading dominated the session, with large buyers
        146 words
      • Article
        Lock icon New China oil firm seeks foreign allies
        222 20 ENERGY REPORT Reuter [SINGAPORE] The newlyformed China National Star Petroleum Corporation (CNSPC), China's third state explorer, is opening its arms to foreign allies, chairman Zhou Baixiu said yesterday. Formed this year, CNSPC is engaged in exploration, development and production of oil and gas
        Reuter  -  222 words
      • Article
        Lock icon CURRENCY REPORT
        262 20 Reuter London THE US dollar stabilised against the yen but continued to trend down against the mark after statements by a Bundesbank member keeping the door open for possible tightening, despite a drop of German inflation. Franz-Christoph Zeitler said that September price data in western Germany did not
        Reuter  -  262 words
      • Article, Illustration
        Untitled
        1326 20 ITBRBAMK CT08B RATES sept24 A$ C$ —I ECB F» W 84H0M* Y*» Hi 1 CSNIOl Nw B M4 3* 9T$ 994 fmm4 09$ Mtfrafc -iOOl Ml MM ill UM UD 2190 ***** 4J45 4507 187 1B*****9 ***** iOM 3Jtt **********1244 M4i 0.729 C«u4t 0.999 5.974 0453 4310 1203 1540 *****
        1,326 words
    • Article
      COMMODITY PRICES
      1653 21 8ICOM FUTUMg Sept 24 RUMCR (Mm cMaq at UOfa) RSS 1 CONTRACTS emtiA«) Ck>M Votamo Opon Month Wjk Low Sott (to»ms) Intorort Oct 97 134.50 t33.00 133.00 200 $00 Nov 97 137.25 100 2450 Ok 97 139.75 1850 Jan/Mar 91 144.75 146.00 146.00 525 5910 Apr/Jw9« 154.50 *****
      1,653 words
    • Article
      WORLD STOCK MARKETS
      2154 21 LONDON Mvstiiats s«f<24 rm 31 Croup 517 6 AS Ports 283.400 *2 Abbey National $00,400 *T7 Allied Domecq 480 4.600 Amoe IS2 -1 AM* Group 167 4.600 •AT Hid 533 8.600 BCPte 260 unch BICC 163.400 *17 BOC Group 1125.600 6-200 BftPetroioum 911 15 8TR 236 -2
      2,154 words
    • Article
      Lock icon TOKYO
      1683 21 Bloomberg Q Nikkei 225 *218.7» JAPAN'S benchmark stock index rose as investors bet the yen won't strengthen much further even after comments by a finance ministry official implied otherwise. Group of Seven finance officials on Saturday issued a "strong message on the yen and dollar", said Eisuke Sakakibara, Japan's
      Bloomberg  -  1,683 words
    • Article, Illustration
      Lock icon HONGKONG
      1578 22 Bloomberg PHmgStng ♦lILM SHARE prices rose yesterday, with utilities pacing the gains. Utilities gained 1.9 per cent as a group, as investors snapped up these companies they see as havens during volatile times. The 33-stock Hang Seng Index rose 111.06 points to 14,205.44. Within the index, 22 stocks rose
      Bloomberg  -  1,578 words
    • Article, Illustration
      Lock icon CHINA
      624 22 Reuter Q Shenzhen B Index +LO7 SHENZHEN'S A share market ended sharply higher yesterday, pushing up B share prices after official commentaries eased fears of faster market expansion. The A Share Index gained 21.85 points to 350.78 on turnover of 3.6 billion yuan. The B Share Index climbed 1.07
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  624 words
    • Article
      Lock icon TAIPEI
      386 22 AFP QwPUex -7175 SHARE prices fell yesterday a£ investors switched their investment from stocks to the money market. "A lack of confidence, in stocks drove investors to move their funds to foreign currency deposits amid expectation of depreciation of Taiwan dollar against the greenback," said an analyst. The Weighted
      AFP  -  386 words
    • Article, Illustration
      Lock icon JAKARTA
      721 22 AFP Q Composite Index ♦1417 STOCKS rose yesterday on lower inter-bank rates but profit-taking was expected today, dealers said. An analyst said the market rose on the lowering of interbank lending rates following an influx of liquidity into the money markets from the maturing of SBIs (Bank Indonesia certificates).
      AFP  -  721 words
    • Article, Illustration
      Lock icon BANGKOK
      838 22 AFP HSETMg +1M» SHARE prices rose 2 per cent yesterday, led by speculativebuying in the banking and finance sectors. Dealers said a firmer baht and the fading of fears that early elections would be called helped boost market sentiment. "Avoiding a messy election while the economy is in crisis
      AFP  -  838 words
    • Article
      Lock icon MANILA
      330 22 AFP QlbmU *27.37 SHARE prices rose yesterday, buoyed by the decision to cut banks' liquidity reserves from 6 per cent to 4 per cent in the next two months. The PSE Composite Index rose 27.37 points to 2,077.04. Turnover was 1.9 billion shares worth 1.6 billion pesos. Bank of
      AFP  -  330 words
    • Article
      Lock icon SEOUL
      411 22 AFP +L3B SHARE prices closed higher yesterday on a technical rebound with investors anticipating government moves to stabilise the market. "Today's rise was a technical rebound. But it will be very short-lived because there is no energy in the market. It is very weak," said a dealer. "Expectations that
      AFP  -  411 words
    • Article
      Lock icon SYDNEY
      600 22 AFP PimOriiMriM -&Q SHARE prices fell yesterday in a bout of profit-taking that was compounded by weakening confidence in resource stocks as commodity prices continued to fall. The All Ordinaries Index fell eight points to 2,768.9. Turnover was 391.7 million shares worth Asl.2 billion. BHP dropped 16 cents to
      AFP  -  600 words
    • Article
      Lock icon WELLINGTON
      268 22 Bloomberg □Wellington -18J3 SHARES fell yesterday, led by Fletcher Challenge's energy shares amid concern over the complexities of production from its Mangahewa-2 well and a stronger NZ dollar. The NZSE Top 40-share Index fell 15.23 points to 2,551.22. Within the index, falls beat risers 21 to 17. Bloomberg WM
      Bloomberg  -  268 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8344 23 INDUSTRIALS Cmsmmt pnteti ***7 Last vol Day Net Cap jjj» lew Ceggawy l<H 'OOP High Lew P/C $mll MO 400 Ajinomoto 420 unth 3 420 420 23.3 170.2 448 231 Anqkaia 262 -16 35 268 282 7.8 386.3 905 370 Apollo Food Hlg 580 K) 8 580 535 18.3 224.0
        8,344 words
      • Article, Illustration
        Lock icon Shares slip on light profit-taking
        526 23 AFX-Asia U Composite Index -L7> SHARE prices closed marginally lower in volatile trade yesterday, reversing the previous day's gains on light profit-taking. Dealers said a mild technical rebound failed to keep the key index in positive territory. The KLSE Composite Index closed down 1.79 points
        AFX-Asia  -  526 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3462 24 BONDS, LOANS ft WARRANTS wt 1997 Last vol Day Lm« Ouata Ayg MKjh Low StiM Company 5W »or- COOO) High Law Buyer SaMar Met 68 30 5 m 3000 mAMDBc5.5******6 31 I I I 8» 41.5 3160 »Acar ******1 USS 54 unch 14 54 51 51 54 131 43 3164
        3,462 words
      • Article
        Country Heights warrant has a lot going for it presently
        171 24  -  WARRANT WATCH By\ R Sivanithy ONE of the worst performers over the past six months is Malaysian property counter Country Heights, whose warrants have been featured in this column several times before. On most of those occasions, the recommendation was
        171 words
    • Article
      CLOB INTERNATIONAL
      2261 24 Of Gr 1997 Last Vol Day LMtOMt* Oh Oh VM M MO* Hk» L— Mm Campany »<l« COOP) C— IT CV >/l l«i 478 147 mi 5000 AlSBSOc »90 -11 81 205 185 190 194 5.0 4.9 a7 45.5 194.9 137 54 mi 5001 AM0850C 59 cd -3.5
      2,261 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1008 25 TUtHOtttrOOOl' WltftrOQW Man q» ton Mm em r»w MMMM 6*. 001 i!%37» WUT» WJW «r0»7 IOJT7J S5T "-25 "cK TO "88 asag "I SS 58 ffl £T 4£S -S3 5S8 SCS0A0 H*M M«# MAW OM 1IWT*t MustrW 3 KM S T W 4J FtMBM 4145 2 *1 J IMM J
        1,008 words
      • Article
        MAIN BOARD
        4774 25 Or Qr M «t 0 T iMt Vol Day lut Ouata Dt» M* VM Mat Clt *»1 stNa company S«*» COOP) H6g> Law 8uyar SaBar CMr P/l jrnH Prtca MDUST1HALS 157 79 a 1020 ACC 0ynamici60c 79 -2 40 80 79 715 79 -6.0 64.7 80 5144 ASENTS*****
        4,774 words
      • Article
        SESDAQ
        1014 25 Or Or mm 1997 Last V« Day Last Oak ON Ok TV Ml Cm A«| l— mm ci—my cooo) w» t— i»t« ut* cv w 186 76 2000 ABRHMftSc 133 -2 MO t3T 132 t33 134 SjO 10 0.1 »0.0 MJ 133 412 144 2049 ASAutotOc 39* *14 4M
        1,014 words
      • Article, Illustration
        HOT STOCK
        74 26  -  Teh Hooi Ling ACMA fell two cents to $2.10 on a volume of 648,000 shares, or more than six times the lOday average. This is a bearish sign. The counter is now only two cents away from its 52-week low of $2.06. Directional indicators suggest that Acma is
        74 words
      • Article, Illustration
        Lock icon Stocks slip despite stable day on currency front
        648 26  -  STOCK MARKET COMMENTARY Investors imeasy over economic and corporate earnings outlook in Singapore and Malaysia By R Sivanithy [SINGAPORE] Despite a relatively stable day on the currency front, stock prices weakened yesterday, as investors focused on the uncertain economic and earnings backdrops
        Chart info from Bridge  -  648 words
      • Article
        Untitled
        211 26 Stub W— •Rekapacifk BO 15.J65.000 •RHB Cap Wt99 15,156,000 *MBf Capital 11,829,000 IPCCorpnR 9.937,000 *MBf Hldgs50c 7,935,000 SingTel 15c 7,255,000 U08 Foreign 5,664,000 *8erjaya Group 4,952,000 Asia Food* Prop 4.713,000 *RHB Cap Btid 4.309,000 M«>» DOB Foreign 59,277,508 DBS Foreign 26,551,914 OCBC Foreign 24,501,612 SingTel 15c 17,354,331 •RHBCap Wt99 16,192,230
        211 words
      • ON THE GRAPEVINE
        • Article, Illustration
          PSI set to retest its highs
          175 26 IT HAD to happen. With stock markets on both sides of the Causeway continuing to underperfbrm the Pollutant Standards Index (PSI), we now have a technical analysis of the PSI, courtesy of Vlckers. At 72 at the time of writing, noted chartist Pau Chiak
          175 words
        • Article
          Asian buyers turn to wine...
          141 26 ARE Asians getting serious about their wine, or are they just diversifying their Investment portfolios amid the currency turmoil? At a landmark auction held at Christie's in London last week, Asian buyers accounted for 40 per cent of the successful bids by value. Of the
          141 words
        • Article
          ... because they can't afford beer?
          72 26 because they can't afford beer? AN UNSUSPECTING Singapore groom anxious to keep the guests at his weekend wedding in a city hotel happy, readily agreed to the hotel openings second barrel of beer after he had been warned the first "free" barrel was near empty. He lived to rue it
          72 words
        • Article
          Conversation on conversation?
          104 26 THE Urban Redevelopment Authority has evidently taken to heart appeal® for more "buzz" and creativity. A colleague was yesterday handed the business card of Mrs Teh Lai Yip, deputy director (Conversation Urban Design) for the URA We're not sure what qualifications the Job calls for, but if
          104 words
        • Article
          Asian values
          54 26 IN BANGKOK, there's nothing quite as tasty as a little red bean Ice-cream. In Vietnam, the best selling shampoo is Mack. Giant consumer products group Unilever, which opened a regional headquarters in Singapore yesterday, is discovering that what turns Western consumers on, does not necessarily have the same
          54 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      60 17 t nz" U JV PROPERTY FINANCE FROM SINGAPORE. < i 0§ For further information, please contact either m Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval ¥*C The
      60 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      441 18 M MESSAGE FROM TAN SRI DATO DR LOY HEAN HEONG (24 September, 1997) I I Chief Executive Officer/President I K MBf Group of Companies I I To Our Valued Customers Business Associates I B The Board of Directors and management of MBf Finance Berhad would like to advise that there
      441 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      61 24 Clipper- Chronograph watehm Nantucket Time makes the difference. DICKSON WATCH 6-JEWELLERY (S) PTE LTD H IA wholly owned übudiary of DICKSON CONCEPTS (INTERNATIONAL) UMTTH) 1 «rrf<flt 391 A Orchard Road Nfee Ann City #17-06 Singapore *****3 Available at: DICKSON WATCH A JEWELLERY: The Promenade. Centrepoint. Sun tec City. HERMES BOUTIQUE:
      61 words
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      Page 25 Advertisements Column 1
      67 25 Overseas Property Finance from National To find out how National Australia Bank Bank is designed to ofFer you Asia can an Overseas Property ways to purchase or refinance Terms up to Loans up to value rate Hfjif/jimf 5.90% p.a. for the year AuMfrttHo ftfffllr Afitt B No fees or Tailoring
      67 words
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      Page 26 Advertisements Column 1
      696 26 BUSINESS Notices To advertise call toll-free 1800-*****83 IN THE MATTER OF THE COMPANIES ACT, CAP. 5S AND IN THE MATTER OP LONG WAH (TOSHAN) PRIVATE LIMITED (Incorporated hi (fee RtpaMk glSt^pn) At an extraordinary general meeting of Longwah (Foshan) Private limited duly convened and held at 154 Tyrwtntl Road Singapore
      696 words
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      Page 26 Advertisements Column 2
      96 26 SUN HEE ENTERPRISE JEWELLERY CO (PTE) LTD (In Members' Voluntary Winting-Up) NOTICE IS HEREBY GIVEN that the Final Meeting of the members of the abovenamed company will be held at 1019 Eunos Ave 4 #01-27, Singapore *****8 on 1 Nov 1997 at 10.30 a.m. for the purposes set out in
      96 words
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      Page 26 Advertisements Column 3
      233 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SUMMER SILK BOUTIQUE PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act. Cap. 50 the Final Meeting of Members of the
      233 words
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      Page 26 Advertisements Column 4
      385 26 HAVEN AUTOMATION (SINGAPORE) PRIVATE LIMITED NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of HAVEN AUTOMATION (SINGAPORE) PRIVATE LIMITED (The Company-) held on the 23rd day of September 1997, the fo*owing special resolutions were passed: SPECIAL RESOLUTIONS: 1. Pursuant to Section 76 of the Companies Act, Cap. 50,
      385 words
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      Page 26 Advertisements Column 5
      193 26 THAKRAL CORPORATION LTD (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE DATE FOR SHAREHOLDERS At the Fourth Annual General Meeting ("AGM") of the Company held on 9 September 1997, Tuesday, at Grand Plaza Hotel, Ballroom 1, 10 Coleman Street, Singapore *****9, the members have approved the payment of
      193 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      314 27 Bridge News, Reuter ifc FIRMER tone was noted for modern Panamaxes in jhe Far East as reports "Surfaced of vessels booked in at improved levels. •> The Gulf/Japan run "Was once again reported at U6522.00 without combination, Clarkson Securities said in its daily Biffex report. The Baltic Freight
      Bridge News,; Reuter  -  314 words
    • Article
      MARITIME STOCKS
      224 27 s» Orrofct tti -aos T Saw Hup 047 -0.005 «l BmIm 0.84 -004 64 PWiWUHlM 0.405 -0.005 M UMtnfi 0.58 undi 20 IMtotMl 0.90 -0.01 63 rnmMZmm a.60 -o.oos 43 HKS40 ■n—miami o.ts -o.cn s JurmSMrvvd 7.00 *0.45 27 MWlfCar* 5.65 -CL20 2226 KappdFELS 4.14 -042 532 IM
      224 words
    • Article, Illustration
      Lock icon S'pore, neighbouring ports urged to work on cooperative linkages
      765 27  -  International Advisory Group concludes twonflay inaugnral meeting By] Felix Chan [SINGAPORE] Singapore and its neighbouring ports should take advantage of the possibilities of cooperation and valueadding in the total logistics chain, Maritime and Port Authority of Singapore (MPA) chairman Peter Ho
      CHRIS LOH  -  765 words
    • Article, Illustration
      Steering PSA on arduous road to international arena
      737 27  -  SHIPSHAPE By: Felix Chan CORPORTISATION will strengthen the Port of Singapore Authority's (PSA) bid to become a multinational organisation. "By corporatising PSA, we will lose the govern-ment-owned tag, which is not necessarily advantageous when looking for potential port projects overseas and moreover,
      737 words
    • Article
      OOCL set to clinch Sydney terminal deal
      120 27 [HONGKONG] Hongkong's Orient Overseas Container Line (OOCL) is set to clinch an Aslso million (*****.5 million) deal to develop an international shipping terminal in Sydney's Port Botany. Carl Scully, New South Wales Minister for Ports, confirmed the state government was in negotiations with
      120 words
    • Article
      Shanghai to form alliances with nearby ports
      488 27  -  Link-up wiD cot rivalry, duplication ofresources Reports from David Taylor in Hongkong THE Port of Shanghai is seeking alliances to reduce rivalry and duplication of resources. A management body made up of officials from the Ministry of Communications, Jiangsu and Zhejiang Provinces and
      488 words
    • Article
      Start work on Container Terminal 9, HK shippers urge
      317 27 A YEAR after the signing of the Sino-British accord, which signalled the go-ahead for construction of Container Terminal 9 (CT9), work has not started. "We are told now, a year later, that negotiations on the detailed terms of the lease are
      317 words
    • Article
      Lock icon APL to Start US-S America services
      243 27 Reuter [LONDON] US container shipping group APL Ltd said it is to start services between Brazil and Argentina in South America and North American east coast ports. APL said it will for the first time offer a service between the US, Brazil and Argentina,
      Reuter  -  243 words
    • Article, Illustration
      Lock icon Conference under pressure
      1213 28  -  NORTH-EAST ASIAN SHIPPING Competition keeps containerised-trade runs between Australia, HK, Taiwan, China, S Korea and Japan in state of flux By] Kevin Chinnery Maritime Asia Australia's biggest containerised trade the north-east Asian run to Hongkong, Taiwan, China, South Korea, and Japan seems to keep the lines which
      Maritime Asia; FILE PHOTO  -  1,213 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      241 28 PAGE Ethiopian 6 ACL tl Eurohms 6 AM. 3 Evergreen 6 Accord 12 Fanwus 7 Appenship 5 Fl-Bright 6 Astro 3 tanflSun 12 Austral II Avaot 6 &WMrtrins KA 7 Genshpg 11 T COW*" DdiamtrKJO I Rjv<»at»r 7 Cu4nGu B'tang Mas .2 ccw
      241 words
    • Article
      SHIPPING GUIDE
      15127 34 THEBUSINESSTIMES EXPORT ETA ETA AdvartHar VtuH Voyaga 7«Mpnona ETA ETA Advartisar Vassal Voy«<« T<U»luua I sin Owrn Kama Nan* Nundwr wowriij^ 03/10 25/W Han)ln K HONG KONG 0*7W 45 *****24 ..nTo BRISBANE (BNE) 20S8 Tto ABIDJAN (ABJ) 2003 Queensland, Australia Ivory Coast, Cote D Ivolre ITHA BHUM no
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    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        790 41 Vtssd Voy Mo Brth Arrtvil Departure UlUfll hn 0W7 TJw mtpiU 26.09/0700 *spaa TrMar *002 JIT 24.09/2100 Ma Hutyi OWN7 J02 <1M«H* 24.09/2300 M **c 02O997 J01 llnpll 24.09/1500 H Itrfwi *****7 JOI *oa*»6l 24 09/1600 k it* n (mm joi 240*/w» k mi it *****7 joi <imm
        790 words
      • Article
        CONTAINER SCHEDULES
        1777 41 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Boofclflq/Btlincc Rstls Ship Voy Mo Etb/Btr Nrtod from To Frw •dim MT» 26/235* 14 24/HOO 24/HM 24/1*00 24/HOO 24/HM MM 2* 2VT700 25/OM 25/0*00 21 24/IM 25/OM 2V0*00 1 25/0700 25/1H* 2JA400 4 25/1200 25/MM 25/BOO —-If 042JM 27/0700 24
        1,777 words
      • Article
        GLOBAL HOLIDAY
        171 41 S«pt 28 Taiwan: Birthday of Confucius. Oct 1 China: National Day. Oat 2 China: National Day Holiday. Oote Australia: Labour Day. Oct 10 Hong Kong Chung Yeung Festival. Japan: Sports Day. Taiwan Double Tenth National Day. ostia Canada: Thanksgiving Day. United States: Columbus Day. Oct 23 Thailand: Chulalongkorn
        171 words
      • Article
        COCKETT BUNKER MARKET REPORT
        873 41 THIS report, compiled by Cockett Marine OU Ltd. show* price ranges In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on average-siaed stem. Market movements are Indicated The Cockett Bunker Price Index chance and the Individual
        873 words
      • Article
        VERITAS BUNKER QUALITY REPORI
        352 41 Cartw MO Mu 990.2 0.9 15.4 0.06 59 0.04 2 Sapttl OmsKt W«*r RhMw Ask AMkmm SiMm* Ho Mow 125 0 0 1 0 0 0 5 300 Am 905J OJ QJ 0.06 32 0J2 g torn 310 Mn 994.0 OJ 17.7 0J9 SI 0.07 »W»
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    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon No progress in air talks with US so far, says Japan
        307 42 US proposing an interim agreement that will last four years Reuter [TOKYO] Japan and the US have not made substantial progress in narrowing differences in their aviation dispute, a Japanese Transport Ministry official said on Tuesday, the second day
        Reuter; FILE PHOTO  -  307 words
      • Article
        Lock icon New runways for Paris airport get govt nod
        203 42 AFP [PARIS] French Transport Minister Jean-Claude Gayssot gave the go-ahead for the construction of two new runways at Paris' Charles de Gaulle airport, despite protests by environmentalists. Mr Gayssot, a communist member of Prime Minister Lionel Jospin's socialist-led government, said the work,
        AFP  -  203 words
      • Article
        Lock icon Porsche's net income forecast to double by the 1998/99
        370 42 Sports car maker's shares up 15% in the last week Reuter [FRANKFURT] Shares in sports car maker Porsche roared more than 15 per cent ahead in the last week, powered by having sold to dealers all its planned 1997/98 production of
        Reuter  -  370 words
      • Article
        Lock icon Daimler optimistic about sales of its fuel cell cars
        302 42 Reuter [LONDON] Daimler-Benz AG predicted that sales of its electric "fuel cell" cars powered by methanol would reach 100,000 by the year 2004. Daimler and its Canadian joint venture partner Ballard Power Systems Inc have staked US$32O million (Ss4Bo million) on
        Reuter  -  302 words
      • LOG Book
        • Article
          Lock icon EU nod for KLM'S takeover of Air UK
          63 42 Reuter [BRUSSELS] The European Commission said it had cleared a plan by Dutch airline KLM to take sole control of Air UK. KLM, which already owns 46 per cent of Air UK's shares, announced in July it would buy the 55 per
          Reuter  -  63 words
        • Article
          Lock icon Talks on London-Shanghai air link
          89 42 Reuter [UNITED NATIONS] Britain and China are planning to start discussions over opening a direct air link between London and the Chinese port city of Shanghai, British officials said. "It would be a very considerable achievement if we could get an early agreement on this
          Reuter  -  89 words
        • Article
          Lock icon American Air to launch Paris-La flight
          55 42 AFP [FORT WORTH, Texas] American Airlines announced it would run a daily nonstop flight linking Paris and Los Angeles beginning March 2,1996, pending official French approval. The company—which plans to use Boeing 767-300 planes for the flight—said it stopped running direct nonstop Paris-Los Angeles
          AFP  -  55 words
      • Article
        Lock icon Cambodian airport warns against bad-weather flights
        334 42 Reuter [PHNOM PENH] Cambodian aviation officials warned airlines not to land at the Phnom Penh airport in bad weather because important control tower equipment and runway lights are not functioning. "We want the planes not to land during serious weather because we have lost
        Reuter  -  334 words
      • Article, Illustration
        Lock icon Japan's first female pilot
        71 42 [TOKYO] Japan Airlines' Tomoko Otake, who became Japan's first female passenger jet pilot on a domesticflight, making a final check at the cockpit of a Boeing 747 jumbo jet before her first flight as a co-pilot at Tokyo International Airport. Ms Otake was scheduled to fly
        REUTER  -  71 words
      • Article
        Lock icon ValuJet relaunches with new name, business class
        394 42 Reuter [ATLANTA] ValuJet Airlines is ending its use of the name associated with last year's crash in the Florida Everglades and will offer reserved seating and a business class as part of a new business strategy. In the first phase of its merger
        Reuter  -  394 words
      • Article
        Lock icon Korean Air wins approval to suspend Guam flights
        177 42 AFP [SEOUL] Korean Air said the government had approved its plan to halt flights to Guam for six months from Oct 1 in the wake of a crash on the island last month. "The government has approved our plan," a Korean Air
        AFP  -  177 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1534 42 CITY FUPff ra fUOIT Ell MM Of81 1930 0FU 2055 NtCHMMi VN74I 1310 SOI72 0930 S0229 2220 SOI71 1420 S0174 1410 AmstanMi RL843 0455 K1838 2300 "JIi V 74 0125 0655 Dt26 2355 S025 0655 S026 2355 S01 1125 UA806 0700 KLS37 1455 GA903 1150 CX7W
        1,534 words
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      Page 28 Advertisements Column 1
      773 28 VBSa VOT OAK VAN SO LA SM VKSU VOT M |DM |UN| Ul (01 ["fIC SM mvmitßumm nrnu oi/w m/w m/w w/w a/w dimaimt m i?/m u/w is/w 10/w m/w w/w m/w LAMS MY 10WSM M/W 11/0* 11/09 IS/W 01/10 WJISTBUNIMa IK 10/W 11/00 M/W M/M 02/10 00/10 07/10 nun
      773 words
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      Page 28 Advertisements Column 2
      685 28 Lines services represented Umby Members o4 the Registry ol Accredited Shipping Agents. Stxxe National Stepping Assoc Members o» the Singapore Freight Forwarders Association. s sa///^ <S^ toMtasCtoffi Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 Japan •2 x Hongkong -1 x Manila -1 x Kooshiung, Koaiwng
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      Page 29 Advertisements Column 1
      1142 29 PACIFIC SOUTH WIST EXPRESS (DIRECT) ALSO ACCEPTING WAMAUS VIA lAX/HOU Ivesa vor m lawn* aw etc um ml —i <n nk m. hou mm APKHNA 021E 30/09 01/10 02/10 17/10 21/10 22/10 22/10 23/10 23/10 22/10 23/10 M/ 10 JnM*m TUT WW w7io~ w7ir 24/10 21/10 w/10 20/10 30/10 30/10
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      Page 29 Advertisements Column 2
      2262 29 HANJIN SHIPPING |unihau./vot mm p*"" su m ww iror lot ipn om |nt \m|«a w it( m_m|m m [w aurmuu&Mn ?4/w g/w 10/10 11/10 it/w n/io ii/io 71/10 11/u 71/10 a/io n/w 11/11 m/m a/w u/i» a/w a/w n/io m/w H. SAW HUWQSCO OOSt >1/10 M/ 10 B/10 B/10 M/W
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      Page 29 Advertisements Column 3
      106 29 fSWYI ORIENT EXPRESS UNES (U.K.) LIMITED I 35*1. (MANAGER FOR SHREYAS SHIPPING UMIIED) _r~ J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE ««5 VOT SIDGATOti KXmY VBSa VOT KMMAT SW6WOW MEGHNA 830 29/09 08/10 MEGHNA 829 20/09 29/09 NORDKAP 417 03/10 12/10 NORDKAP 416 24/09 03/10 ALBERT BRIDGE 005 06/10 14/10 ALBERT BRIDGE
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      Page 30 Advertisements Column 1
      1105 30 <XP DSR-SENATOR ill Round the World Container Services TO UK/CONITNKNT FROM UK/CONTINENT ntna Iwr m wim act" wv ham fu iha ga vot l>m fu imi mv ham sw CMOVMBVOLM WF74Z CT M HK M.M M.M M.M !t« ail VLAMVOffW SENATOR E£7«o KM MM 17 M MM WMUM HUOTtME WWJ4J
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      Page 30 Advertisements Column 2
      1134 30 I NORASIA I VESSEL VOY 85 OOA BCL VAL ALO ROT MX ANT FEL LMA NOR KIEL *737-3 2VD9 11/11 13/10 22/11 23/11 I*ll 25/11 17/11 Wl 10/11 MSC SOPH* 973#-3 SI/IS 17/1* 19/10 21/11 2WIO 2VIO 11/11 23/11 24/10 22/11 NOR SHANGHAI 1739-3 M/ 11 24/10 20/10 20/10 00/11
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      Page 30 Advertisements Column 3
      498 30 LINE ST Tilt ***** M FAX: 2351*37 1 MUARA I LABUAN vesa vot rre ra vosa vor rre ra sratf nmka spou in imsm vm/*7 vm */ot jntosrai rmfv 17/w 11/10 Mtoorr W«/»7 01/10 05/10 VMOOCT YJ«/»7 M/M M/M jrtosm vm/»7 w/m 10/w jrtorsa vm/v 07/10 11/10 «msum V2S/V7 ii/m
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      Page 31 Advertisements Column 1
      1356 31 [VESSEL VOY SIN UK POU PKO PCM BLW SUR BA BK IRAN TAKKTI PJL-1240 28/08 08AM 08/00 RAN VAH OAT PJL-1283 04/00 31/08 07/00 22/00 24/00 RAN QHEYAMAT PJL-1248 31/07 07/08 02AM 18/08 18/08 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAJJAN, ARMENIA. KAZAKHSTAN.
      1,356 words
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      Page 31 Advertisements Column 2
      1228 31 DIRECT SAILING TO NKW TOM U MYS BAiJUMM 30 MYS CHARLESTON 32 MYS I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY IE: 226 1900 FAX: 22*2201 OUTWARD (l/l) COSTAt SNIPMIIO m IT! 4205«4i/4J inwud dept (D/ 0) *****85 COST AX AGENCIES (M) SDN BHD *****50/55 T/SHHWPEPT 4205R25 TELO2-07-35 ***** FAX; 02-07-353*170
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      Page 31 Advertisements Column 3
      351 31 f/rA PDZ LINES SDN BHD A TONG JOO SHIPPING PTE LTD CR NO; **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 VKM*+Mnsiritntsn7\ muu nntmr tun a K cm mhu-mmcmth A GWUAT 9709 20/09 HUI TRADER 9700 76/99 NMCMWO2 A 1397 26/0f GROOM ***** 30/09 G4SIANG 0701
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      1234 32 S6P ROM ANW HBB THP ZEE LHV Uff THP KDM UK NN KL IMP I E. ROUND RW-021 27/88 17/1* 23/18 18/18 28/10 21/11 22/10 E GLOWING RE-041 04/88 Mi SBM VJM I 81/18 E. RENOWN RW-ttS 04/10 24/1* 31/10 28/10 27/1* 21/10 2*/1« E. GAINING RE-SOB 07/08 00/00 00/00
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      Page 32 Advertisements Column 2
      1118 32 liffQW VBtfi VOYAGf SGP Mil JM AMI DMi MN IWT Ml VtSSH VOYAGf OR JBA AMI MM UN W I mmi o«7wew 02/10 12/10 12/1013/10 ivw 15/10 is/10 lyio momit 047i*ie h/w m/m is/w i*/w \m »/w I UNCOtONt 0474-04IW M/ 10 19/10 11/10 2VIO 11/11 21/10 22/10 22/10 IN
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      Page 32 Advertisements Column 3
      451 32 NANTAI LINE FULLY CONTAINERISED SBtVKE TO MAURITIUS/SOUTH ARKA vissa vot si m err mm was ms 27/w 95/10 iyio ivit wm PITS 04/10 13/10 17/H IMimiWKBS OI7S 13/10 01/11 mmiQwa oas 20/10 m/io 01/11 05/n vmwM* 008 M/ 10 t5/ii iyn 13/11 mrouma oik 05/11 n/11 n/11 WIIWV»US 023S 15/11
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      613 33 M MYANMA VBBBk FIVE STAR UNE (HyoNuor Nottoool Uoo) loo<o| (or Yoifoa (Roofooo) Vtssa VOT SM PRO PIN P6II ■OMU 4W SU POMBN 143W MPT NAUTSU AGOHS: OONSTEAO SMPPM6 AGfNCKS KUL TB 02-03-***** M PKL IB 02-03-*****01 POfc IB 02-04-*****02 P6O: IB 02-07-*****21/4 BANK LINE <A tonrfco tf Ao4tw Wotr
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      Page 33 Advertisements Column 2
      1143 33 ▲HYUNDAI MERCHANT MARINE CO, UP. WESTBOUND TO EUROPE BKG: *****32 IYBSfI vot im ib I m I I m I b m HTHOOAI 307W tt/M 15/11 11/10 11/1* 11/10 11/10 11/10 NTAOMBM MOW 05/10 11/10 23/10 25/10 2S/10 M/ 10 M/ 10 HYUNDAIHKMKSS JO7W 11/10 M/ 10 10/10 01/11 01/11
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      Page 33 Advertisements Column 3
      470 33 (j& FAMOUS CONTAINER UNES JffS 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 3/ HOT UNE: *****33 (30 UNES) Wwa WWBtHWLi— 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 —HI rtrwn frwiiomonnx ."tP***. BRIDGING SINGAPORE
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      Page 37 Advertisements Column 1
      311 37 INDONESIA NATIONAL LINE TO EUROPE 1 H IuRG tREMEN AMTWER KUTAI MW I 21/11 ?4n» QUIT twT TO AUSTRALIA "1 mjLCOHWMmWPMC* itL I HOY HEH'SH m mt srp xl" hsa m m KMUGAI üb|m S«| Wit WN im IWW noibiimmii v.ti»|ww «yw|igi« 17/* am am w AWTomnfßuc" vw|fi» n/w| vm
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      Page 37 Advertisements Column 2
      1121 37 ADVANCE CONTAINER LINES (PTE) LTD AK* I 140 CacM Street #12-00, ML Building. Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL C« NO. **********06 T S- W I VESSEL VOY SM IKK SM 3,1 77/ OP V W(X> L_ fu/in 9NAK lAVAIUTC2) 947 27/09 Sot 30/09 U
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      Page 37 Advertisements Column 3
      816 37 VESSELS VOY aw JED WD I Lffl HAM BIM 1 THP OW VXEDEUBRA L22W 2M> 08/10 11/10 20/10 21/10 23/10 2VIO 2S/10 mlled-aquarius U22w oe/io ia/io 17/10 aa/io 27/10 29/10 ivio ivio MLLEOE TAURUS A22W 12/10 22/10 24/10 02/11 06/11 08/11 07/11 V-LEPECAR64A C2ZW 19/10 28/10 31/10 08/11 iqril 12/11
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      808 38 IAHOKOK/Ulll CHABAHO JAKARTA/PAN JA HO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN MATHU BHUM 346N8 In Pt 28/09 XETHA BHUM 21SS In Pt 27/09 DANU BHUM 012N 28/09 01/10 XETHA BHUM 21SSB 26/09 27/09 DANU BHUM 012NB 27/09 01/10 ANAN BHUM 80S 27/09 30/09 KITI BHUM 21N
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      Page 38 Advertisements Column 2
      182 38 SO TEL OK BLANGAH ROM) *02-412 CmPORT CENTRE SPORE 0409 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETO DESTINATION MABUKWA 3257 *****7 2V09/97 PKL BAIAMSIUNTOK IRMAMfA 1257 255M7 215W7 BATAM/SURABAYArSEMARANGIiAUK PAPAN UMMU 2157 275W7 27*957 PONTIANM MABUKWA 3M7 82/IM7 0X1157 PALEMBANG/PKL BALAM
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      Page 38 Advertisements Column 3
      689 38 PUL INTERNATIONAL LINE PtA^NTERNATTONAL teteM faM >«<■ M* ttad t kfte Ru4 Sdkv tekna rf MMkllM taepfciKX M Hmm amct m t|n iMri Mk JAKARTA (UTCI SSI6S/WK HLVBPWI JZ4B— W/W JjOtL 02/10 THU 04/10 atan sa UMNO 441S 03/10 HI 05/10 SUM 08/10 SURABAYA 2 SIGS/WK SB IVOT I sm
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      Page 38 Advertisements Column 4
      707 38 1 ACCORD A SHIPPING PTE LTD Yll: *****56 (40 Unas) PAX: *****46 KJtT KLAtnf (03) U7 Ml m M OINfCT ACCESS Til: *****57 (KXROKT OOOKMO) fAMGMMMG (07) U1 IS/7 *****47 (EXPORT DOC), *****64 (IMPORT) ffIUNG (04) UJ 1441 URUMTTPs/ JHUUftA (11) *40 0770 VAM potr ita tm row ni tin
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      509 39 OSINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE fSINOTRANSI 3 (*****7 J.TEL: *****00 FAX: *****08 UI4JJ7^ TLX: R*****1 SINOEX SINOTIANS SHANGHAI (CONTAINER SfRVICI) VESSa I VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI I NEW HAJHUNG I 9712 26/09 01/10 15/10 I JIM YU 9750 03/10 08/10 1 2/10 I
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      Page 39 Advertisements Column 2
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      Page 39 Advertisements Column 3
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
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