The Business Times, 30 November 1995

Microfilm: NL20493
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES MITA (P) 194/12/94 85< k. S I N G A P 0 R E Internet: http://www.asial.com.sg/biztimes THURSDAY, NOVEMBER 30,1995
    22 words
  • Article
    MARKET SUMMARY
    72 1 sra 2410J7( 3 26 BTCOMP MBXot(+s.lO) PI BT-MGA U Hol7l (+3.94) CI MARKET MOOD: EM Had 8TQq[ MARKET DOliCES WedMtdqy Chan# KLSEOOMP J4MS +1« MOB 18,533.98 -154.44 HANG SENG.... -*47 SET INDEX i,ma -7* JAKARTA COUP 478.61 +4.86 MANILA COUP —2,441 IS +49.91 TAIPEI WP! 4,708.88 -«.81 8B0ULC0MP
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  • Article
    FINANCE
    73 1 EXCHANBE BATES U8t 8$ US* 1.412 S 1.543 1.179 DM 0699 MM ¥100 .0.988. 1.396 Ml 8398 0.565 HKf .9.129. 9.182 IAHT 9.040. .9.966 RUTIAH100 0.044 .0.092 FUME BATES SINGAPORE* .(.44 KUALA LUMPUR. 7J6 JAKARTA 17.M BANGKOK 13.50 MANILA 11.00 HONGKONG 900 TAIPEI.. i 800 SYDNEY 10.75 TOKYO™ 1M
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  • Article, Illustration
    AIG Asian infrastructure fund guns for US$2b
    487 1  -  S'pore govt agencies and AlG's second fond out to repeat success of first FYom Loh Hui Yin in Bangkok EVEN as the US$l.l billion (551.55 billion) AIG-Asian Infrastructure Fund is being invested in major projects across Asia, its sponsors are launching a second
    487 words
  • Article
    VDH may reap $20m from Manila unit's IPO
    396 1  -  Philippine associate East Asia Power's flotation expected early next year By] Lee Han Shih [SINGAPORE] Listed Van der Horst Ltd (VDH) is hoping to reap a windfall of some $20 million from the listing of an associate in the Philippines, sources in
    396 words
  • Article, Illustration
    New Merc E-class is finally in
    424 1  -  By( Christopher Tan [SINGAPORE] The new Eclass from Mercedes-Benz, already available in several countries in the region, is here at long last. But it is the "grey market", and not authorised dealer Cycle Carriage, that has brought in the first units for sale. Cheng
    424 words
  • Article, Illustration
    Lock icon Dow hits record on rate cut talk before easing
    461 1  -  Blinder's remark of possible rate cut 'some time soon' sends Dow to 5,090 in late morning trade From Leon Hadar m Washington COMMENTS by a top Federal Reserve official that the Fed may need to cut interest rates pushed the Dow
    Source: Bloomberg; BCRUZ  -  461 words
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      170 1 PBBPB HHm hHJQ S^Kl r resent special Singapore's freight forwarding industry has over the years undergone a dramatic metamorphosis. Family-run transport companies, for instance, have been transformed into professionally-run outfits with state-of-the art technology. Read about the development, achievements and challenges in the Freight Forwarding special supplement, distributed with Shipping
      170 words
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      Page 1 Advertisements Column 2
      109 1 w Quality has no age. Quality has no limit. Quality has no colour. Also available as Rollerball, Ballpoint and Mechanical Pencil. Choice of 1 5 different colours; black, grey, blue, green and red During this festive season, every p a purchase ofan exclusive pen from 8 the new collection Equinoxe
      109 words
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      Page 1 Advertisements Column 3
      15 1 Pootsie twofcii new high, PglO The Dew's bull run is not long term, Pg 14
      15 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon SGS-Thomson in talks with EDB on new US$1b wafer fab plant
      397 2  -  Group expected to decide where to locate new plant by March, with S'pore among top contenders tt/] David Mok SINGAPORE could get another US$l billion (Ssl.4 billion) of confirmed investment in semiconductor wafer fabrication plants by March next year.
      THE STRAITS TIMES  -  397 words
    • Article
      Enhance accountability of govt firms, committee urges
      236 2  -  By Anna Teo THE Finance Ministry should .review how 'governmentowned companies can without stifling their operational flexibility —"be made more accountable, the Public Accounts Committee has suggested. Currently, the accountability of such companies is exercised mainly through holding company Temasek Holdings, the eight-member
      236 words
    • Article, Illustration
      Lock icon Faster growth seen
      296 2  -  BYE ON THE ECONOMY Manufacturing By. Anna Teo GROWTH in the manufacturing sector will be even stronger next year —12.4 per cent compared to a projected 10.9 per cent this year, says Vickers Ballas. Productivity will also be higher, 9.2 per cent compared to a projected 7.3
      Source: Dept in Statistics; ALLAN  -  296 words
    • Article
      Hong Fok sells 4 factory units for $12.4m
      181 2 HONG Fok Corporation has sold four factory units in its Henderson Industrial Park for $12.46 million. The deal will net Hong Fok $6.16 million in profit after tax, or four cents a share. The sale price is about $8.54 million over the
      181 words
    • Article, Illustration
      Lock icon Telecom to launch $70m cellular network tomorrow
      377 2  -  Reportsby Genevieve Cua SINGAPORE Telecom MobileLink will launch a $70 million digital cellular network tomorrow that will offer more value-added services such as mobile fax and mobile data. Telecom officials are confident that the Personal Communications Network or PCN will quickly boost the
      ARTHUR LEE  -  377 words
    • Article
      Mass market will come with PCN system
      240 2 A NEW digital cellular system, the Personal Communications Network (PCN), will transform the mobile phone market into a mass product, Nokia general manager for South-east Asia Juha Pinomaa said yesterday. PCN's high frequency aUocation of 1.8 gigahertz and broad bandwidth allow operators to
      240 words
    • NEWS Roundup
      • Article
        Top names on heritage centre board
        103 2 A WHO'S who list of prominent Chinese individuals will sit on the board of governors of the Chinese Heritage Centre. From the Singapore side will be UOB's Wee Cho Yaw, OCBC's Lee Seng Wee, Kwek Leng Joo, Liu Thai Kher as well as Tommy
        103 words
      • Article
        Nanyang MBA students to visit China
        75 2 THE Nanyang Technological University's business school will send 80 MBA participants and faculty members to China for an MBA business study mission. The group will spend 13 days in China visiting more than 10 companies in Shanghai, Suzhou and Nanjing. Also on the agenda
        75 words
      • Article
        Corrections and clarifications
        55 2 IN a BT report yesterday headlined "Singapore-US council ropes in top industry leaders", we failed to mention that Finance Minister Richard Hu will be among the ministers that members of the council will talk to in August 1996, when they will have their first meeting here. We
        55 words
    • Article
      More US law firms set up office in Asia
      390 3  -  AT THE BAR Booming economies seen to offer strong potential By Conrad Raj THE booming economies of Asia, especially those in South-east Asia and the Far East, are attracting increasing numbers of American law firms, including some of the country's largest.
      390 words
    • Article
      US businessman on cheating charges
      582 3  -  He is said to have cheated Thai company of USs7m, faces civil suit over breach of contract Conrad Raj AN American businessman was charged yesterday by the Commercial Affairs Department with having cheated a Thai company of US$7 million. Joseph Ford Proctor, of Rechargeable Battery
      582 words
    • Article, Illustration
      'Tis the season of good tidings for hotels here
      367 3  -  Indonesians, M'sians and locals will make it full house for many over the holidays By. Ang Wan May SORRY, we're full that's a refrain that will be heard at many hotels during the Christmas and New Year holiday period. Rooms have
      367 words
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      Page 2 Advertisements Column 1
      61 2 W Christof/e Paris Pavilion Christofle The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore 0923. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, l*vel 4, Centrepoint, Singapore 0923. Isttin Scotts Level 4,350 Orchard Road, Shaw House, Singapore 0922. Takathiaaya Singapore Basement 2,391 Orchard Road, Singapore 0923. Ijrtin
      61 words
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      Page 2 Advertisements Column 2
      114 2 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      114 words
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      Page 2 Advertisements Column 3
      61 2 SCRIBE HAND-MADE BY BALLY Ik limited series of hand-made welled shoes uses fine French calf leather and traditional craftsmanship 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy fitted with beech wood shoe trees 12-month warranty complete overhaul within 3 years of buy •ALLY
      61 words
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      Page 2 Advertisements Column 4
      6 2 HI WM MB™"" m n H
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  • FOCUS: PROPERTY
    • Article
      House Hunt
      410 4 Property transactions for district 14/lrom Oct, 199$ Project namo* 1 Prop Contract Tenure Built-in/ Price Psf Street mbw type date land area* unit (sq ft) (SS'OOO) (SS) District 14 Non-landed Castle Court Apt lO-Oct FH 660 487 Siau ViBe Apt 44)d 99 1248 829 664 Siaa ViBe Apt
      410 words
    • Article
      The new face of Geylang
      794 4  -  Despite District 14's reputation, new developments there have gone down well with househunters Hy Michelle Low [SINGAPORE] GEYLANG, better known as a red-light district, is set to attract a new crowd of people residential apartment hunters. The appeal? The numerous apartment projects springing up in
      794 words
    • Article
      URA launches 10 sites for sale
      581 4  -  Six parcels are for housing, four for industrial development By Abdul Hadhi (SINGAPORE] THE Urban Redevelopment Authority (URA) yesterday launched the sale of six sites for housing and four sites for industrial development. When developed, the land parcels are expected to generate up to
      581 words
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      Page 4 Advertisements Column 1
      287 4 A PC Server offer so good, everyone will want to take Notes B|bbbpv ■p^ x iHH X «nl (Unless, of course, you'd prefer a package that delivers Mail) It's reassuring to know that IBM PC Servers The IBM PC Server 310, 320, 500 and 720 models offer you all the
      287 words
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  • SOUTH-EAST ASIA
    • Article
      Investor wants airline chief sacked
      341 5  -  BANGKOK Shareholder petitions King Bhnmibol to replace Thai Airways president with ex-PM Anand By) Loh Hui Yin A THAI AIRWAYS shareholder has asked the country's King Bhumibol Adulyadej to replace the airline's president Thamnoon Wanglee with former prime minister Anand Panyarachun. Kanha Pekanan who accuses
      341 words
    • Article
      Lock icon Ramos embarks on third wave of privatisation
      238 5 MANILA List to include hospitals, schools and postal system AFP Reuter PRESIDENT Fidel Ramos yesterday ordered his finance secretary to look into new guidelines to govern the Philippines' "third wave" of privatisation, a palace statement said. The third wave involves the government's sale
      AFP; Reuter  -  238 words
    • Article, Illustration
      Lock icon Beleaguered Finance Minister Surakiart refuses to resign
      362 5 BANGKOK Reuter EMBATTLED Thai Finance Minister Surakiart Sathirathai, under severe criticism by some politicians and market players, has said he will remain in his post as long as he is assigned to do the job. "I will remain as finance minister as long
      Reuter; REUTER  -  362 words
    • Article, Illustration
      Gold-rush in Irian Jaya
      554 6  -  LETTER PROM TTMTKA Thousands of Indonesians are flocking to Timika, where Stone Age meets the 20th century By Leslie Lopez POSING for camera-totting visitors, a one-time warrior from the Amungme tribe still cuts a interesting figure. Naked, expect for a penis gourd and a feathered head
      554 words
    • Article
      Lock icon Call for Asian security framework
      364 6 BANGKOK Pacific Rim Forum says European-type structures for dealing with conflicts needed ST THINKERS at the Pacific Rim Forum here yesterday urged the creation of a multi-lateral framework for security in Asia, which was missing in this region, unlike in the West. Kyung Won Kim,
      ST  -  364 words
    • Article
      Lock icon Greater Mekong gets ADB nod for US$200m of projects
      132 6 MANILA AFP AROUND US$2OO million (Ss2B2 million) worth of projects mostly in telecommunications have been approved for the Greater Mekong subregion, the Asian Development Bank (ADB) said yesterday. The amount covers 23 new projects in the subregion, composed of Cambodia, Burma,
      AFP  -  132 words
    • NOTE Book
      • Article
        Lock icon Indon MP to launch political party
        57 6 Reuter (JAKARTA] A sacked Indonesian legislator, facing trial for Insulting President Suharto, plans to launch a political party soon grouping pro-democracy movements, Indonesian newspapers said yesterday. They quoted the lawmaker, Sri Bintang Pamungkas, as saying he was planning the Democratic Union Party as an
        Reuter  -  57 words
      • Article
        Lock icon Hanoi bid to rejuvenate civil service
        73 6 AFP [HANOI] Vietnam plans to replace 10 per cent of its civil servants each year up to 2000 as part of efforts to clear the cobwebs from a creaking bureaucracy often blamed for holding up the country's development Phan Ngoc Tuong. the minister in
        AFP  -  73 words
      • Article, Illustration
        Lock icon Myanmar opposition leaves convention
        62 6 Reuter UPI [YANGON] Myanmar's opposition National League for Democracy (NLD) leader Aung San Suu Kyi talking to her f supporters after a press conference at her residence here. Her party has withdrawn from the country's national convention, arguing that the military-backed assembly was failing in its
        Reuter; UPI  -  62 words
      • Article
        Lock icon French firms assess market strength
        70 6 AFP [JAKARTA] Some 250 bureaucrats and directors of French companies have gathered in Jakarta to mull over a harsh assessment of France's economic performance in South-east Asia, particularly in Indonesia. France's slice of the Asian market flutters around 1 to 2 per cent, not far
        AFP  -  70 words
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      Page 5 Advertisements Column 1
      311 5 Citibank, N.A. Robinson Road P.O. Box 330 Singapore *****0 November 30,1995 Dear CITIBANK |j At Citibank, our vision is to be a global bank, unique in worldwide presence... dedicated to our customers... financially strong, consistent... committed to our staff and its development... delivering sustained superior performance to investors. In support
      311 words
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      77 6 Less than 0.1 of you will have a chance to own a new Holden Calais for only $146,300. Our apologies to everyone else. N ;■> |i HH ifyl a wllWWlßl^Bl^^^^Ml II II SI FTj ■■i. I, tlk£* >: yj||y>*^^^^|MMMaa^swc^w prestige BBMBBBMMIBMMBBWBMMWHWwBBWWBWMWWWW MOLO.M Hold™ CjUk. Vw#»* top <■» «n**l from Cmul
      77 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon China's tariff cuts played down
      404 7  -  SINGAPORE J P Morgan says proposed cats will be substantial in nominal bnt not real terms By Teh Hooi Ling THE tariff cuts in China's trade liberalisation package may be substantial in nominal terms but not in real terms, says investment bank J P Morgan.
      AFP  -  404 words
    • Article
      Lock icon Taiwan offers perks in bid to be an Asia-Pac media centre
      164 7 TAIPEI Reuter TAIWAN Premier Lien Chan has directed the Government Information Office (GIO) to give assistance and incentives to media investment in a bid to develop the island into an Asia-Pacific media centre, the GIO said in a statement
      Reuter  -  164 words
    • Article
      Lock icon Supply of land released could hit record high
      321 7 HONGKONG Another 80,000 flats could be built in HE over next few years SCMP THE supply of land to build new flats could hit a record this year. Director of Lands Bob Pope predicted that by the end of the current financial
      SCMP  -  321 words
    • Article
      Lock icon China launches powerful Asiasat-2 telecoms satellite
      172 7 XICHANG AFP CHINA has successfully launched the powerful Asi-asat-2 telecommunications satellite aboard a Long March 2E carrier from the Xichang rocket site in the south-west-ern province of Sichuan. The US$2OO million (SJ2B2 million) Asiasat-2, built by Lockheed Martin of the United States and owned
      AFP  -  172 words
    • Article
      Lock icon Top firms fear legislative chaos if Nationalists lose
      343 8 TAIPEI Execs say crucial buiiinfHui and economic legislation will new be passed if coalition takes over Reuter POWERFUL firms which transformed Taiwan into an Asian Tiger are fearful that Saturday's parliamentary polls may deal a blow to their partner in this island's
      Reuter  -  343 words
    • Article
      Lock icon Taiwan is No 5 with 7.9% average economic growth
      86 8 TAIPEI AFP TAIWAN recorded average annual economic growth of 7.9 per cent from 1985 to 1994, the fifth highest rate in the world, the Directorate General of Budget, Accounting and Statistics said yesterday. Taiwan's economic performance over the past decade trailed
      AFP  -  86 words
    • Article, Illustration
      Lock icon China stepping up psychological pressure on Taiwan
      284 8 HONGKONG AFP CHINA plans to hold large-scale air force exercises near Taiwan ahead of next year's first Taiwanese presidential election, it was reported yesterday. The military exercises would be the latest in a series widely seen as putting psychological pressure on Taiwan to
      AFP; REUTER  -  284 words
    • Article
      Lock icon Foreign trade development plan unveiled
      253 8 SHANGHAI Eight-point strategy to increase exports and foreign access AFP THE China Council for Promotion of International Trade (CCPIT) has outlined an eightpoint plan to expand exports and increase access to the Chinese market for foreign products, a newspaper reported yesterday. The Shanghai Securities News
      AFP  -  253 words
    • SINO Brief
      • Article
        Lock icon Crackdown not to slow market expansion
        60 8 Reuter [SHANGHAI] China's ongoing restructure of the securities market will not slow down the pace of market expansion, the Shanghai Securities News quoted a top securities official as saying. "We will stick to the principle of standardisation and development at the same time," Zhou
        Reuter  -  60 words
      • Article
        Lock icon Jiang tells army to stay loyal
        80 8 AFP [BEIJING] Chinese Communist Party chief Jiang Zemin has again demanded total military obedience and loyalty to the central leadership during a visit to the country's National Defence University. "The army must always listen to the party, guarantee the party's absolute leadership of the
        AFP  -  80 words
      • Article
        Lock icon Taiwan firm eyes China's power sector
        78 8 AFP [TAIPEI] The chairman of Taiwan's private petrochemical giant, Formosa Plastics Group, Is considering investing In China's power generation sector, the Economic Daily News said yesterday. Wang Yung-ching left for the mainland on Monday on a fact finding tour, the dally said. Mr Wang
        AFP  -  78 words
    • Article
      Lock icon Foreigners allowed to invest in Taiwan bourse from mid-Feb
      148 8 TAIPEI AFP TAIWAN'S finance authorities said yesterday they would lift a long-standing ban on foreign individuals investing in the local bourse from mid-Feb-ruary 1996. "The condition is ripe for implementing such a plan beginning mid-Feb-ruary next year," the finance ministry said
      AFP  -  148 words
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      422 7 m J? THE UNIVERSITY OF HULL England 1927 "OVER t.OOO MANAGERS AND EXECUTIVES ALREADY ON CJ HULL'S MDA PROGRAMMES IN SINGAPORE* IMBA PS "ONE OF THE MOST ESTABLISHED IN SINGAPORE* Hi COMMENCING IN JANUARY 199* llflHM First to offer TQM and a Systems Approach to Creative BRTM Problem Solving the
      422 words
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      Page 8 Advertisements Column 1
      319 8 Totally Ceramics: the new Rado 'Sintra'. Simply captivating! The new Rado 'Sintra' with its avantgarde design, lustrously brilliant platinum-like look and the uncompromising use of an exceptional material: scratchproof, enduringly beautiful high-tech ceramics. But it's when you put this watch on that you really get to know it: cool, smooth
      319 words
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  • ASIA
    • Article, Illustration
      Lock icon Japan economy can grow by 3% a year: advisers
      408 9  -  Q TOKYO But govt most boldly forsue deregulation, or see only 1.75% growth a year for next five years By, Anthony Rowley •JAPAN'S economy can grow by an average of 3 per cent a year over the next five years if
      Source: Credit Lyonnsis Sec Asia; BCRUZ  -  408 words
    • Article
      Lock icon Aussie economy grew 1.6%
      142 9 SYDNEY Reuter [SYDNEY] Australia's economy grew 1.6 per cent in the three months to September, faster than the financial markets expected and a boost to the Labor government, which has to hold national elections by May. However, while the figures show growth within the government's policy
      Reuter  -  142 words
    • Article
      Lock icon 28 new Roh bank accounts discovered
      184 9 SEOUL AFP S>OUTH Korean prosecutors have unearthed 28 new bank 3:counts containing about SSI3 million (5518.2 million) each held by jailed ex-presi-dent Roh Tae Woo, newspapers said yesterday. All the accounts were registered under borrowed names of business houses, the mass-circulation Chosun Daify quoted
      AFP  -  184 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      91 9 What every successful businessman has for breakfast in Hong Kong. Have it for tea the same day in Singapore. Subscribe now to the South China Morning Post and enjoy same day delivery to your doorstep. Call 348 7838 or fax 345 9150 today. SOUTH CHINA MORNING POST The Leading English
      91 words
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      Page 9 Advertisements Column 2
      394 9 YOUR APARTMENT IN THE CENTER FROM S$ *****0 ONLY GUARANTEED INDEX LINKED NET RENTAL INCOME UP TO 95% MORTGAGE IN FF UP TO 20 YEARS FIXED RATE MORE THAN 17% DISCOUNT OFF PRICE (Representing refund of VAT) DIRECTLY FROM THE FRENCH DEVELOPER C.I.P. 8, rue ou G£n£ral Foy Paris *****
      394 words
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  • THE WORLD
    • Article
      Footsie hits new high as markets bet on rate cut
      358 10  -  LONDON By] Neil Behrmann LONDON financial markets are betting on UK interest rate cuts following an unexpected cautious budget of minor tax reductions and a small increase in spending. The FTSE 100 index jumped 22 points at one stage to
      358 words
    • Article
      Lock icon Bundesbank ups key repo rate
      161 10 FRANKFURT Reuter THE Bundesbank unexpectedly raised its key money market rate the repo rate yesterday but economists said the rise, the first in three years, did not preclude the German central bank cutting rates at a meeting today. The policy-making council meets as speculation reaches
      Reuter  -  161 words
    • Article, Illustration
      Lock icon Where to go for a warm dip in winter
      78 10 [VARNA, Bulgaria) The temperature at this Black Sea port of Varna might just be 10 degrees Centigrade but it's not keeping this man from enjoying a warm bath in the sea yesterday. That's because the sea is fed by hot mineral
      REUTER  -  78 words
    • Article
      Asian spot prices for newsprint drop to US$900 per ton
      324 10  -  LONDON Analysts say cycle has turned, stocks being drawn down By Neil Behrmann NEWSPRINT prices on the Asian spot market have collapsed to around US$9OO (551,269) a ton against a peak of US$l,3OO in the summer, say analysts and buyers
      324 words
    • Article
      Lock icon Tit-for-tat rules against foreigners in telecoms
      107 10 WASHINGTON Reuter REGULATORS on Tuesday adopted rules that raise the odds the government will block overseas investment in the US telecommunications industry if a foreign company's home market curbs access to American communications firms. The Federal Communication Commission rules spell out the guidelines the
      Reuter  -  107 words
    • WORLD Watch
      • Article
        Lock icon Papandreou's condition turns critical
        63 10 AFP [ATHENS! Greek Prime Minister Andreas Papandreou, whose condition took a sudden turn for the worse on Tuesday night was in critical condition yesterday, a medical source said as the news media expressed pessimism about his fate. The daily right-wing Eltflheros Typos said "only a miracle"
        AFP  -  63 words
      • Article
        Lock icon Clinton endorses Britain-Ireland deal
        73 10 Reuter [LONDON] President Clinton yesterday endorsed a late-night deal between Britain and Ireland to break the deadlocked Northern Ireland peace process and joined Prime Minister John Major in vowing to work to make peace in Bosnia. Beginning a five-day European trip as Congress debates his Bosnia
        Reuter  -  73 words
      • Article
        Lock icon Plan to boost Mexican economy
        56 10 Reuter [MEXICO CITY] A group of Mexican businessmen was to announce plans yesterday to spur the country's economic recovery, partly through pledges of billions of dollars in investment, a television report said. The Mexican Council of Businessmen's plans were revealed by the Televisa network in
        Reuter  -  56 words
    • Article
      Clinton, Congress start talks on budget
      514 12  -  WASHINGTON Stakes are high for both sides but chances are slim of a deal before 1996 election Leon Hadar THE White House and Congress have this week started the testing task of negotiating a deal to balance the Federal budget by 2002. At stake
      514 words
    • Article
      Lock icon US economy poised for more moderate growth: OECD
      244 12 PARIS AFP THE US economy is set to grow more moderately in 1996 after easing up this year just in time to avoid overheating, but a firm anti-inflation stance is still needed to bolster the dollar, the OECD said yesterday. The Organisation
      AFP  -  244 words
    • Article, Illustration
      Lock icon Bush defends Enron in India
      166 12 NEW DELHI Reuter FORMER US president George Bush made a stout defence of US energy giant Enron Corp yesterday and warned an Indian audience of the dangers of reneging on business deals. "You can't have a deal and then have it crushed by a political
      Reuter  -  166 words
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      86 10 When you've got a deadline, it'll take a load oil your mind, •••:>• r f V fl^i^HHffilmAilft.,^ HRHH Hk' IV H^U-' If you want to air freight goods up to 25kg door-to-door anywhere in Asia for a flat rate of $145, North America or Europe for $195 or anywhere else
      86 words
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      123 11 z z < 00 < Z o z IXI zBayerische Vereinsbank Singapore 4 -I* ezgff+**!*■ >r '>v," i s ~i*~SL v Aaa-rated Bayerische Vereinsbank is one of the largest public corporations in Germany with total assets in excess of DEM 300 billion on a group basis and close to 800
      123 words
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      470 12 Enhance Your Value with One of UK's Top 3 Universities SIM, in conjunction with the University of London, invites applications for the Master of Science (Financial Management). The first intake commences in February 1996. This programme enhances the financial skills of financial managers such as planners, bankers, government officials, consultants,
      470 words
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      Page 12 Advertisements Column 2
      160 12 i.-- -met**:--i ""tf' w S created with Italian passion sensitivity to today 's lifestyle, from yesterday 's culture tradition. A It's made of elm briar inlaid with mother-of- V pearl polka dots in briar triangles. The inside JLcomprises of dainty compartments <i9£e*>- with intricate wood inlay. French finish by hand
      160 words
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      165 13 fw Ji fc. l Mil k vfl "1 hkJ fij! ,s IV P fc "1 C** If 1 mm B s iin^sl w^Sm^Enf' f M flfl flfl fl fl %fffl ■A I #4 J iBL aw fp I BV fl Wan cmflHfltigfl Ka. b As the Olympic year approaches, and
      165 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Rabin's belief in peace was unreserved
      797 14  -  THE BOTTOM LDVE OPINION By Abba Eban The writer is a formerforeign minister of Israel as well as its country's ambassador to the United Nations. THE wicked murder of Israeli Prime Minister Yitzhak Rabin represents the dark side of political extremism It flourishes on
      797 words
    • Article
      IN OTHER WORDS
      122 14 'Gordon Wu has promised to repent, reform and not be a sinner again.' Howard Gorges managing director at South China Brokerage Co. Shares of Hopewell Holdings Ltd rose as much as 4.62 per cent as its managing director started wooing wary analysts. The stock has fallen 28per
      122 words
    • Article
      Wanted: Part-time jobs for women
      508 14 WHY is it that almost eight out of 10 Singapore women who are keen to work want part-time jobs, yet barely 3 per cent of all employed Singaporeans work part-time? These numbers, from a recent survey, show a curious situation in an economy where too
      508 words
    • Article, Illustration
      The Dow's bull run is not long term
      1065 14  -  Fin&ncial planners are increasingly advising clients to shift to stocks By Vikram Khanna WITH the Dow Jones Industrial Average having crashed the 5000 barrier comes the news that Americans now have more money in stocks than they do in real estate: US$5
      1,065 words
    • Article
      WHAT THE OTHERS SAY
      783 14 Seoul nightmare KOREA has been hitting the international headlines again with student demonstrations and clashes between police and students. The violence became more severe after Seoul's state prosecutors said the acts of two former presidents, Chun Doo Hwan and Roh Tae Woo, in the Kwangju massacre
      783 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      70 14 BOOKESBUBYBy Gary Trudeau Cf\f> guns CONDUCTING A I DRAMATIC! BEFORE TRADE BAR- |I/ll|M' TODAY, THROUGHOUT CHINA... I RJBRSWEREUXUEREP, ONLY i/V* MA.UOMENARENOU) U**!&RLS > ADULT MEN SMOREP. BUT THANKS A SMOKJNG IN GROUMHG NUM- PROMOTING ***£M*XNG MR. BUTTB, WHAT KJNP ~R) AM6RJCAN APVBKTJ&NG ANP v' BBRS! IN KOREA, FOR. IN- FAIRNESS'
      70 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Cushioning the blow
      857 15  -  Official US data show that air bags save lives during car crashes but proper use is still required, reports jane e brody JANE E BRODY NYT AIR BAGS save lives: more than 911 in the United States since 1987, and 374 last year alone, according to the
      NYT; REUTER  -  857 words
    • Article, Illustration
      Border-less country
      509 16  -  MUSIC The Highwaymen's concert proved that country music cuts across all boundaries ity Hean Chung The writer is a freelance journalist who contributed this article to Executive Lifestyle IF YOU had thought the only people who went for country music were those who drove pickup trucks and wore
      509 words
    • Article, Illustration
      Lock icon William Morris spots money on the Net
      521 18  -  ENTERTAINMENT Hollywood's largest talent agency is diversifying into multimedia, niche films and the Net fty< Jerry Dubrowski Reuter NOT content with its prowess on Sunset Boulevard, William Morris, one of Hollywood's most powerful talent agencies, wants to enter areas of entertainment such as
      Reuter  -  521 words
    • CHATTER Box
      • Article
        Lock icon 'I've been raped', says Madonna
        271 18 Reuter RAUNCHY pop star Madonna revealed in an Interview published on Tuesday that she was raped when she first arrived in New York to make her name as a singer. "I have been raped and it is not an experience I would ever glamorise," said
        Reuter  -  271 words
      • Article, Illustration
        Lock icon Watch that birdie
        57 18 Reuter THE cast of the television version of the famed Broadway and movie musical Bye Bye Birdie posing together at its premiere on Tuesday. Shown left to right are Jason Alexander, Chynna Phillips, Marc Kudisch, Tyne Daly and George Wendt. Bye Bye Birdieyiill be telecast on the
        Reuter  -  57 words
      • Article
        Lock icon Roseanne to quit Roseanne
        112 18 UPI THERE'S a rumour afloat that Roseanne may join the talk show crowd, possibly as early as next autumn. It's widely believed that this will be the last season for her self-titled sitcom, because neither she no co-star John Goodman enjoys it much anymore. Roseanne also
        UPI  -  112 words
      • Article
        Lock icon How Robin Williams beat drugs
        123 18 UPI IT's been 12 years since funnyman Robin Williams gave up cocaine and all other mind-altering substances, but it took him a while to realise the danger of the situations he put himself in to score. "One time, a friend, years later said, did you
        UPI  -  123 words
      • Article
        Lock icon From Northern Exposure to Broadway
        42 18 UPI VETERAN of Broadway's Shenandoah, John Cullum, and known to TV audiences as Holling Vincouer on Northern Exposure, will replace John McMartin as Capt Andy on Jan 30 in the Broadway hit revival of Show Boat. UPI
        UPI  -  42 words
      • Article
        Lock icon Turner Prize for Damien Hirst
        85 18 Reuter THE split carcasses of a dead cow and its calf floating in green formaldehyde clinched Britain's most controversial art award, the Turner Prize, for its creator Damien Hirst. Hirst had been favourite to win the £20,000 (5544,000) prize against three contenders, who included Beirut-born
        Reuter  -  85 words
      • Article
        Lock icon Praise for Nicholson and Sean Penn
        100 18 UPI MARLON Brando told Larry King that he thinks Jack Nicholson's performance in The Crossing Guard is outstanding. "Sean Penn is the next great film director in this country, and I have never seen a movie performance like the one Jack Nicholson gives," King
        UPI  -  100 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      286 15 MB3!& m^l gtfmSiiiry!^i^^^^^BU4Jmr?? m^*, >V- *B| rlHfe?i&r '^^^^^jSmSLi^&iirftf Qsi Ud I ify is only equalled by their -ness." i OA jen% AV SledcerS Cy Made in France PETTTE HNESSE BOUTIQUE: 102-38 Cotepointfel: 235 7368 GALEXKS LAFAYETTE tSETAN SCOTTS TAKASMMAYA DERI STORE ANO AUTHORISED DEALERS Sole Pcfrt? Cher* EoutKjuc TEL 552
      286 words
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      Page 15 Advertisements Column 2
      26 15 ■Children's Funland Monkey King twists its tales. General knowledge quiz. Hear Tom Jerry croon. Cost 30 coin a minute INFI1! iii K An SPH AiadioTei Scrvice
      26 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      235 15 THE WEATHER Singapore: Showers over several areas in the predawn and early morning. Temperature (24-32) Asia-Pacific Hi/Lo* Cond. Europe Hi/Lo* Cond. America Hi/Lo* ConcL \in-kl.inil KMS ('l<hml> Amsterdam. IJ7/IM Shraws Atlanta (IK 2 I loudy Kant£k"k 3223 <'knMl> Athens IK It Cktudy lUhiicisAires 2kti Sunny Keyng II I I'kmdy Krtin
      235 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      519 16 GQhMQ G<HtGAtUuiaJio*U ETo Solinac Developments Pty Ltd's Centennial Park For Winning The Prestigious 1995 Urban Development Institute of Australia (UDIA) Award I For Innovative Designs Housing Industry Association (HIA) Award For Quality Construction Here's your last chance to join with 25 other happy Singapore Investors at Centennial Park, Ashmore. ONLY
      519 words
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      Page 16 Advertisements Column 2
      231 16 ENJOY SUPERIOR DELICACIES AT VERY SPECIAL PRICES! Braised Superior Shark's Fin with Crabmeat at $14.80 Braised Whole Baby Abalone in Special Sauce at $14.80 Double-Boiled Bird's Nest at $25.00 With all these wholesome, nourishing goodness, what are you waiting for? All prices subject to service charge govt, taxes including GST.
      231 words
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      Page 16 Advertisements Column 3
      233 16 WHERE TO WINE, DINE AND ENTERTAIN I bring Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea breeze at the same time! IF£F£ seafood restaurant Offers more than lust live seafood! 920 East Coast Parkway, Singapore
      233 words
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      Page 16 Advertisements Column 4
      175 16 I fancy 'Beijing? I Then, we're delighted to suggest the Tine Court for* memorable dining experience. Our lunch menu offers a variety of Hon %in 'Beijing dumplings, a selection of HCCTin set menus, and 'Beijing specialities ||)k7\ such as 'Beijing 'Bafyd Tench and Mr—cwwrr Marinated Lamb, fancy some nowf SpS
      175 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      555 17 Where to wine, dine and entertain /m& houst 1 17th Dec 1995 I 3.00 pm 5.00 pm I i MiM a A delicious spread of Christmas Goodies a and Special Appearance by a Santa Claus. Adult: $18.00+++ Child $16.00+++ Make your reservations today! Call 733 2081 ext. 468 I APOLLO
      555 words
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      Page 17 Advertisements Column 2
      219 17 BpJ A quick look at the markets. h For Financial News, call El 1900-913-0001, O at 30 cents a minute. Housed al the RELC 'i International Hotel, tfyrjPin Hsiang with a decade of tanquet experience, takes phde in A providing you the most sumptuous ]t «lL jj feast enhanced by
      219 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      717 17 TV&RADIO 4.40 Super Dave. L3O AM Close. 8.00 Sell a Vision. LOO PM M.O.G. as Seen on TV «.oo See Friday's Schedules. r- ~jjkK Show. 0.00 AM Morning News/CNN. 3.00 Abbott and Costello. (kftWil J.' iojo Life Choice. f 3JO Little Rascals. M ,\M Youth's Corner. IL3O Polka Dot Door.
      717 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      163 17 CRYPTIC CROSSWORD 30 They can get hot weather (8) 31 Deliver soldiers' signal (6) things lying down? (5-2,5) YESTERDAY'S SOLUTION DOWN 15 Confess one's escaped from 1 Our mutual confidant! (4-4) Maidstone somehow (5) MdMsMgM i BoBpMoB 2 No-one doubts what this signal French friends lead a Pole means (3,5)
      163 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      225 18 jsi| Suijiem i|)uoiu e UFqj ssa| Suiqiou sXofuo jf3 otjj 'uedpf u| h oiueu oj a( o|qvi|oy SOIJOSSO33V sjJi'd omv jjo d iu 'tisj e j 5 lIV 5 3 1! q lu ojn\/ \.**n 01 s.joaijq pur j° uoduj| 5661 s P UOJ a >t' I spji'me Sujpuosjno ui
      225 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      FJ Benjamin steps up its listing plan to early '96
      499 19  -  Fashion retailer says its Singapore sales grew more than 30% last year despite poor sentiment Jenny Lam [SINGAPORE] Homegrown fashion retailer and distributor F J Benjamin Holdings will list on the Stock Exchange of Singapore much earlier than expected. The
      499 words
    • Article
      Fears about Packard Bell unfounded: Aztech
      361 19  -  By< Jennifer Lien [SINGAPORE] US personal computer maker Packard Bell said yesterday it had no cash flow problems. And local company Aztech Systems said market fears about the future of its business with Packard Bell were "totally unwarranted". The companies spoke to BT yesterday
      361 words
    • Article, Illustration
      Gloom, and, more gloom in Hongkong's retail sector
      785 19  -  HOCK LOCK SIEW By Quak Hiang Whai INVESTORS who have been watching recent economic and industry figures released by various sources must have sworn off Hongkong's retail stocks by now. The latest interim results from retailer Lane Crawford International probably sums up
      785 words
    • Article
      QAF profit up 7% despite fierce competition
      190 19 [SINGAPORE] QAF Ltd. which yesterday posted a 7 per cent rise in net earnings for the first six months, said it expects competition to hot up in the food industry, especially with new entrants info the Singapore market. Net earnings to Sep 30
      190 words
    • Article
      Thakral's placement shares all snapped up
      259 19  -  managing director pleased that company's suppliers have taken a stake in the company Ven Sreenivasan {SINGAPORE] THAKRAL Corps 108 million placement shares have been snapped up by institutional investors. The company said yesterday all the shares priced at US$O.7B a share had been taken
      259 words
    • Article
      Eastern Pub launching IPO today
      233 19  -  Ven Sreenivasan [SINGAPORE) Eastern Publishing is launching its Sesdaq initial public offering today the eighth company to seek a listing on the second board this year. The company is expected to offer 15 million new shares to the public, comprising about a quarter of its
      233 words
    • REGIONAL COMPANIES
      • Article
        Appeal court throws out bid to stop KFC's EGM
        308 20  -  Meeting to seek removal of Lau brothers from board of directors hYoni Ruth Wong in Kuala Lumpur ■A THREE-JUDGE panel from Malaysia's Court of Appeal "has struck out a petition by »the Lau brothers seeking to 'stop an extraordinary general -meeting
        308 words
      • Article
        Sino Land consortium to raise HK$5.75b loan
        391 20  -  /'Yarn Quak Hiang Whai lin Hongkong A CONSORTIUM led by Ng Teng Fong's Sino Land plans -to raise a syndicated loan of HK55.75 billion (551.05 billion) to finance a massive property development at a proposed Mass Transit Railway Corp station in Hongkong. Senior
        391 words
      • Article
        Ayala reports 42% rise in earnings
        371 20  -  Net profit of 3.74b pesos for first nine months of the year surpasses forecasts From Al Labita in Manila CONGLOMERATE Ayala Corp yesterday reported a 42 per cent jump in net earnings to 3.74 billion pesos (Ss2oB million) for the first nine months of
        371 words
      • Article
        STAe unit to team up with Perth-based company
        200 20 [SINGAPORE] Singapore Technologies Aerospace Engineering, a wholly-owned subsidiary of ST Aerospace (STAe), yesterday sealed a joint venture agreement in Perth, Australia, to provide aircraft maintenance support services at an air base there. The contract is worth about AslB million (Ssl9 million) a
        200 words
      • Article
        Straits Steamship Land fixes rates for its bonds
        203 20 [SINGAPORE] Straits Steamship Land has fixed the interest rates for the unsecured bonds it is issuing one per cent for the Ss2so million tranche and 1.25 per cent for the US$2OO million ($282 million) tranche. The $532 million raised will be used
        203 words
      • Article
        New Asia reports four-fold jump in interim profit
        462 20  -  bYorrv Quak Hiang Whai in Hongkong HONGKONG-LISTED New Asia Realty and Trust a member of conglomerate Wheelock and Co which controls Marco Polo Developments Ltd has'lifted its net profit for the six months to Sep 30,1995 from HKJ459.7 million (5583.8 million) to
        462 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Netscape soars as punters see it as next Microsoft
        423 22 Goldman dumps Microsoft, adds Netscape to 'buy' list in recognition of firm's Internet role Bloomberg Business News [NEW YORK] Just 12 days after removing Microsoft Corp from its "recommended" list, Goldman, Sachs Co replaced it with Netscape Communications Corp, sending shares
        Bloomberg Business News; Source: Bloomberg; BCRUZ  -  423 words
      • Article, Illustration
        Lock icon Internet frenzy overdone, says Bill Gates
        377 22 People not thinking things like revenue through, he says Bloomberg Business News {NEW YORK) Microsoft chairman Bill Gates, the world's richest optimist, is sceptical when it comes to the Internet. The global communication network that has sparked imaginations and spawned countless entrepreneurial ventures has
        Bloomberg Business News  -  377 words
      • Article
        China's Goldspear plans Aussie listing
        236 22  -  From I Surinder Singh in Sydney GOLDSPEAR Australia, which is controlled by the China National Nonferrous Metals Industry Corporation (CNNC), a Chinese stateowned enterprise, is seeking to make a backdoor listing on the Australian Stock Exchange with the takeover of a small Queensland property company,
        236 words
      • Article
        Lock icon Reliance group to delist four firms from Bombay bourse
        277 22 AFP [BOMBAY] Reliance Industries, one of India's largest companies, announced yesterday that it was delisting its shares from the Bombay Stock Exchange (BSE) following a dispute with the exchange authorities. The Indian petrochemicals and textiles giant advised BSE executive director R
        AFP  -  277 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Gold set to approach US$400 an ounce
        430 23  -  From Neil Behrmann m Ixnidon GOLD is set to move towards US$4OO (Sss6o) an ounce following a spurt in the metal's daily borrowing costs to 11.5 per cent in London yesterday. At the same time, the important one-month gold lease rate touched 6.75
        Source: Bloomberg; FRANCIS  -  430 words
      • SMALL Change
        • Article
          Lock icon Mexican banks may ask for govt help
          100 23 Bloomberg Business News [MEXICO CITY] In a sign that Mexico's financial crisis is far from over, four of the nation's biggest banks may seek government aid to strengthen their balance sheets. Banco Nacional de Mexico SA, the nation's largest bank, and Bancomer SA,
          Bloomberg Business News  -  100 words
        • Article
          Lock icon Growth of Japan's life insurers slows
          42 23 Bloomberg Business News [TOKYOI Japan's eight major life insurers said profits are being pinched by low returns on assets and high returns promised to policy holders during Japan's economic boom of the 1980s. —Bloomberg Business News
          Bloomberg Business News  -  42 words
        • Article
          Lock icon US$1.4 trillion in bad loans
          32 23 AFP [WASHINGTON] Japanese banks face potential losses up to US$l.4 trillion (Ss2 trillion) from bad loans, far more than official estimates, according to Massachusetts-based Veribanc Inc. —AFP
          AFP  -  32 words
        • Article
          Lock icon Nikko to sell foreign mutual fund
          68 23 AFP [TOKYO] Japan's Nikko Securities Co Ltd said yesterday it would market from next month in Japan a dollar-based foreign mutual fUnd guaranteed by Citibank NA of the US. Citibank's London branch would guarantee the difference in dollars in case the gross assets of
          AFP  -  68 words
      • Article
        Lock icon Renminbi market to stay closed
        396 23 No concrete schedule for opening tip local business to foreign banks: official Reuter [BEIJING] China said yesterday the door remained closed to foreign banks' doing local currency business, deflecting arguments that such liberalisation was vital to maximise the banks' potential to develop the economy. "There
        Reuter  -  396 words
      • Article
        Lock icon CURRENCY REPORT
        157 23 Reuter AFP London ~v, THE dollar rose up to half a pfennig, buoyed by persistent hopes of imminent Bundesbank credit easing despite a higher German securities repurchase rate. Although the Bundesbank said its key repo rate rose, to 3.98 per cent from 3.97 per cent this week, traders
        Reuter; AFP  -  157 words
      • Article
        Lock icon Travelers Group to buy Aetna Life unit for US$4b
        224 23 Deal will form one of the largest US property, casualty insurers, says report Reuter [NEW YORK] Travelers Group has agreed to buy Aetna Life Casualty Co's property arid casualty business for US$4 billion (555.6 billion), the Wall Street Journal said, citing
        Reuter  -  224 words
      • Article
        Lock icon Oil price goes up as US temperatures go down
        319 23 ENERGY REPORT Reuter [LONDON] World oil prices have surged to a five-month high since last week's Opec meeting in Vienna, but analysts said the rally has more to do with the weather in the north-eastern US than the producer group's talks.
        Reuter  -  319 words
      • Article, Illustration
        Untitled
        1236 23 IMTBEBAMK CUEEBWCT EATBS 4pm.Nm>» Against S$ Against US$ Attest S$ Against US$ Currencies BW Offer BM Offtr Currencies BM Ww Bid Offer French franc 28.7080 28.7576 4.9100 4.9150 Local dollars to on* unit of foreign currency: Hongkong dollar 18.24 18.25 JA 2 AaetreMan doiar 1.0560 1.0574 0.7484 0.7489 Indonesia rvpieh
        1,236 words
    • COMMODITIES&FUTURES
      • Article
        COMMODITY Reports
        852 24 (IflDALA LUMPUR] On the Kuala Lumptf Tin Market, business was done yesterHay at MI15.80 per kg, down 19 sen from Tuesday on an official offering of 81 tojfyies. [SINGAPORE] Rubber futures closed lover across the board in moderate trade oifeome late local selling interest in line wffh weaker
        852 words
      • Article
        Lock icon SIMEX Report
        1212 24 Reuter [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures closed higher after a bout of late afternoon buying that was sparked by the release of poor-er-than-expected industrial production figures in Japan. Industrial output for October rose only 1.2 per cent month on month, well below the market's
        Reuter  -  1,212 words
      • Knight-Ridder Commodity Summary
        • Article
          Indonesia will breach tin export quota
          105 24 (SINGAPORE] Indonesia will breach its tiyOOO-tonne export quota set by the Association of Tin Producing Countries for Jan-Jun 19%, the Jakarta Post reported yesterday. State-owned tin mining Arm Tambang Timah is intending to raise its output and exports ind996, the newspaper said. Tambang Timah
          105 words
        • Article
          Western world nickel consumption up
          125 24 IEpNDON] Western world nickel fflftsumption was 644,900 tonnes in Jan-Sep, up from 559,700 in the same £driod of 1994, according to data from the Wfernational Nickel Study Group. Over the same period, western world $ftduction of primary nickel was 471,700 idbnes, up from 433,000 in
          125 words
        • Article
          China may have to import soymeal
          95 24 [HONGKONG] China is expected to become a net importer of soymeal in 19%, due to a decline in local soybean production and escalating consumption in the feed industry. "It's very unlikely China will export soymeal in 19%," a trader said. In fact, China has
          95 words
        • Article
          Aluminium Bahrain's higher output
          90 24 [LONDON] Aluminium Bahrain (Alba) expects its 1995 production to total 453,000 tonnes, up more than 3,500 from last year, the company said yesterday. Chief executive Gudvin Tofte also told a board meeting held in Bahrain yesterday that the company's Line 3 expansion due for completion mid-1997
          90 words
        • Article
          Colombia sugar production outlook
          101 24 [LONDON] Colombia is expecting to produce about 2.1 million tonnes of sugar in 1995 and a similar amount next year, according to Ricardo Villaveces, president of the Colombian Association of Cane Sugar Producers. Speaking at a conference here organised by the International Sugar Organisation, Villaveces said
          101 words
    • Article
      COMMODITY PRICES
      1290 24 gOOMPPTPEBS .v~ 1 C0*TtACT(S curttAq) dm VofcHM OpM NMtfc Mfk Low. Sett (tOMWS) l«t»r»St *MTt5 ***** 500 j|lH 234.50 233.50 233.50 275 2525 234.50 233.50 233.50 75 1050 Mar 96 236.00 233.50 233.50 375 1950 i|r/JwN 237.50 232.00 234.00 t575 ***** ifi/te 96 234.50 75 9150 JSmt 96
      1,290 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2348 25 -154.44 STOCKS fell, led by banking and steel shares, as concern over the fate of Japan's ailing lenders and the dollar's weakness weighed on prices. the Nikkei Average fell 154.44 to 18,533.98. The Topix Index fell 9.38, to 1,464.31. The Nikkei 300 Index gave up 2.07 to 274.88. The
        2,348 words
      • Article
        Sydney
        600 25 +5.0 Stocks closed higher following solid gains in the gold sector. "It was good to see the gold sector doing so well, it was really the highlight of the day in an otherwise lacklustre market," said a trader. The All Ordinaries Index rose 5.0 points to 2,160.0. The All
        600 words
      • Article
        Manila
        490 25 *49.91 Stocks rose, led by the Ayala companies, on optimism that strong third-quarter economic growth would mean better corporate earnings. The PSE Composite Index rose 49.91 points, or 2.1 per cent, to 2,442.16, its highest since Nov 10. The shares exchanged were valued at 1.52 billion pesos. Risers beat
        490 words
      • Article
        Taipei
        390 25 -65.81 Share prices finished 1.4 per cent lower as late selling pressure eroded early gains, with all eight major categories of shares posting losses. Some investors "moved in to take profit ahead of this weekend's parliamentary elections and hence pulled down the index towards the end of the session",
        390 words
      • Article
        Seoul
        553 25 -458 Stocks fell after two days of gains as investors bid down shares in Samsung Electronics and other exporters on concern that the nation's economic growth will slow down next year, traders said. South Korea's economy is expected to grow 7 per cent in 1996, compared with more than
        553 words
      • Article
        Bombay
        136 25 -3&06 Share prices recovered some losses near the close after the market hit a two-year low in nervous trading, brokers said. The 30-share BSE index slumped to 2,892.39 before closing at a provisional 2,922.16, down 38.06 points, or 1.3 per cent. The 100-stock National Index fell 14.60 to a
        136 words
      • Article
        Untitled
        246 25 WELLINGTON mw row ANZ Banking 6.70 unch ***** Advantages Hldgs 1.53 -0.01 ***** Air Ne» Zealand (A) 3.94 0.04 *****3 Air Nn Zealand (B) 5.39 *****0 Amurl Corp 0.44 0.01 ***** BNZ Finance 2.00 -0.01 ***** Beycorp 2.15 unch ***** Brlerley tnv 1.17 unch *****34 COL Investments 0-37 0.02 *****7
        246 words
    • WORLD STOCK MARKETS
      • Article
        London
        649 25 +6.7 THE FTSE 100 closed at an all-time high yesterday as investors hoped UK interest rates would be cut before Christmas. The key index finished well below its intra-day high, however, as institutional investors continued to digest Tuesday's UK budget, dealers said. "We really haven't seen a lot of
        649 words
      • Article
        New York
        734 25 +IL2 Stocks rose amid gains in technology shares and optimism that fresh money from new mutual fund sales will extend this year's market rally. Some of the nation's biggest mutual fund companies are reporting stronger stock fund sales in November than in October as stock prices reach record
        734 words
      • Article
        Untitled
        408 25 Mi total curr hW WS$ %#y %yr #Y %yr *T» Woe 29 Oowgo Owy O—go CM«» Change Oowgo Work) 521.3 -0.1 119 -0J M 43 t CATC 544.6 -0.2 11-0.6 L7 -03 10 Cur op* 594.2 0.1 KJ.7 -0.4 123 -01 163 Pacific 77*4 -as 2 9 -0.7 -7J -0.7
        408 words
    • Article, Illustration
      Lock icon HONGKONG
      2486 26 Reuter AFX-Asia CI Hang Seng -6.47 SHARES ended a shade lower in directionless trade. Traders said stocks closely mirrored index futures' movements due to a dearth of other market-moving factors. The Hang Seng index closed at 9,617.32, 6.47 points lower, after popping in and out of positive territory within
      Reuter; AFX-Asia; FRANCIS  -  2,486 words
    • Article, Illustration
      Lock icon CHINA
      733 26 Reuter rl Shanghai B Share Index +(U6 SHANGHAI B share index closed higher due to rises in Pudong stocks supported by domestic institutions, wiping out the loss in the morning. The index gained 0.16 point to 50.63 on very thin volume of 3.8 million shares worth US$l.3 million. Of
      Reuter  -  733 words
    • Article, Illustration
      Lock icon JAKARTA
      1111 26 Bloomberg Business News Q Composite Index +4JJ6 STOCKS rose as both of the market's clove cigarette makers surged after reporting third quarter earnings. The Composite Index rose 4.86 points to 478.63. "Today we saw signs of recovery. Our market has reached a point of reversal since all the large
      Bloomberg Business News; BCRUZ  -  1,111 words
    • Article, Illustration
      Lock icon BANGKOK
      1215 26 Bloomberg Business News Q SET Index -7.26 STOCKS fell for a third day, as construction issues lost ground after Siam Cement reported third-quarter results. The SET Composite Index fell 7.26 points to 1,198.59. Some 72.6 million shares worth 3.47 billion baht changed hands. Shares in Siam Cement, the nation's
      Bloomberg Business News; ALLAN  -  1,215 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares little changed as rally founders
        6795 27 KUALA untFUßßeports Bloomberg Business News Fl Composite Index *L 32 STOCKS were little changed as investors lost confidence in a two-day rally that wasn't backed by news to ally concerns that the economy was overheating. The benchmark index rose 2.8 per cent in the
        Bloomberg Business News; ALLAN  -  6,795 words
    • WARRANTS&OPTIONS
    • Article
      CLOB INTERNATIONAL
      2265 28 MALAYSIAN STOCKS Cr Gf t9 95 Last Vol Day Lest Quote Otv Dlv VM Net M Cap HlqH Low Stno Company Sato COOP) High Low Buyer SoHor CVr H P/E Sn* 478 796 m 5000 AIS8S0C 390 Cd 1 43 396 MO M8 »0 10 49 04 «j
      2,265 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        2164 29 TURNOVER COOO) VALUE ('OOO) CI* T««M MWn CIO TXrt Industrie 30.649 22.796 53,465 98,531 39,805 138.335 Fin«nc* 3.593 3.968 7.561 38,805 6434 48.138 Hotels 1.535 1.099 2.634 3.725 1.387 5.111 Properties 10,171 3,184 13.355 53.001 4,172 57.173 PUnUtton 4.297 4.297 2.851 2.851 MMm 2.577 2.577 6.224 6.224 84.W 4.178 5.479
        2,164 words
      • Article
        MAIN BOARD
        4330 29 Gr Of M Wt t94 Last Vol Day Last Oust* Otv 01* VM Net Cap A»g High Low St Ho Company S*M COOO) High Low Buyer Sailor C'vr P/t $mil Prlca INDUSTRIALS 21° 176 1258 Acer 50c US184 *2 WJ J85 183 184 185 490 318* m» 1000
        4,330 words
      • Article
        SESDAQ
        946 29 Or Gr M Wt 1995 Last Vol Day Last OuoU Dhr Dhr YM Mat Cap Avg Htgh Low StNo C«»m» W» fOOfll HH* U» Wr c% W WWW SESDAQ 322 40 2000 ABBHWqsSc 288 *7 72S 292 2S2 288 289 18.0 6.9 0.3 62.6 127.4 286 280 50 2001
        946 words
      • Article, Illustration
        Lock icon HOT STOCK
        67 30  -  By Paul Leo GOLDTRON may face further weakness In the short term from yesterday's close of $1.38, but investors should not be unduly worried. The medium-term trend is still up. The weekly RSI is oversold. The five-day moving average line has just crossed the 15-day moving average line
        JEN CHUA  -  67 words
      • Article, Illustration
        Players turn cautious as old rumour resurfaces
        869 30  -  STOCK MARKET COMMENTARY Market still believes the worst is over but there's also concern over Dow's seemingly never-ending thrust into record territory By R Sivanithy [SINGAPORE] After the flurry of interest that marked late trading on Tuesday, activity in the local stock market
        869 words
      • ON THE GRAPEVINE
        • Article
          Nightingale for justice
          149 30 FORGET about the Barings report. Stockbrokers yesterday found something more absorbing to read. We were told the phones stopped ringing briefly as dealers and remisiers poured over a six-page anonymous letter that was faxed around the industry. Signing off as "Nightingale", the letter writer took vitriolic issue
          149 words
        • Article
          Propping up the indices
          144 30 OVER recent sessions, a few eyebrows have been raised at late attempts to prop up the Straits Times Industrials Index and the Kuala Lumpur Composite Index. A discernible pattern took the form of sharp rises in both indices, followed by equally rapid pullbacks, with volumes on
          144 words
        • Article
          Don't quote me, please
          98 30 WITHOUT fear or favour is clearly not the motto of economists covering regional stock markets. In one European investment house's presentation to fund managers yesterday, a regional economist was waxing lyrical about the ills of overheated economies in some Asean countries. Some of what was said
          98 words
        • Article
          Striking gold Down Under
          103 30 IN JUST one week, Shareholders of the Mt Kersey Mining company have seen the value of their company rocket from A 530.5 million (5532.3 million) to Asl9o million. Its shares, hardly moving at A 50.51 last week, are now worth A 53.19 each. The reason? Mt
          103 words
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      Page 19 Advertisements Column 1
      134 19 BEHIND EVERY SUCCESSFUL COMPANY, THERE IS A LEUWICO OFFICE FURNITURE SYSTEM ''.'y''. And that is true. Because Leuwico is specially designed to meet every organisation's need of creating their workplace efficiently. With height adjustable desk as one of the main features, Leuwico comes in attractive designs to provide a positive
      134 words
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      896 20 The Sanwa Bank Limited INCORPORATED IN JAPAN Non-Consolidated Balance Sheets Non-Consolidated Statements 31 st March, 1995 and 1994 of Income and Retained Earnings For the years ended 31st March, 1995 and 1994 Millions of yen ASSETS IMS '394 MHftons of yen Cash and Due from Banks 8.818,838 6,735,230 incomat 1888
      896 words
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      Page 20 Advertisements Column 2
      393 20 BUSINESS TI MES TOLL-FREE TKL. rsj o f -800-741-1 883 FAX:74I-1298 M THE MATTER OF DC COMPAMES ACT. CAP. SO AMO M THE MATTER OF TONG FANG TRAONG PTE LTD (In um^in 1 Voluntary UQuidaboo) Al an Ertraordnary Ganaral Maatng oI *ia Tong Fang Trading Pi* Lid (My eonvanad and
      393 words
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      Page 20 Advertisements Column 3
      141 20 BANK OF COMMUNICATIONS US$lOO,OOO,OOO FLOATING RATE NOTES DUE MAY 1998 In accordance with the provisions of the Notes, notice is hereby given that for the six month interest period from 30 November 1995 to 30 May 1996, the Notes will carry an Interest Rate of 6.425% per annum. The interest
      141 words
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      Page 21 Advertisements Column 1
      655 21 r The Urban Redevelopment Authority is offering the following sites for sale by PUBLIC TENDER. I>.. jifeOT r^p^^;,. j FHI" v FourlandparcelsatKaklßukltandTuasareforindustrialdevelopment.ThisrepresentstheGovernment's (CTgmma m ['jTa '•'J" V continuing effort to encourage greater private sector participation in industrial development. All the 4 Parcel Location Sits Grots Plot j; Type of.I land
      655 words
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      Page 22 Advertisements Column 1
      268 22 J) I Ote ,w Conference Resort Centre East of Beijing, China s/ 16 years lease back contract Initial rental at 12% p.a. l/ 50% financing Wj^B^B^S^SSa >/ Monthly Instalment 0 (subject to conditions) Ih 3 nights complimentary stay VIP corporate privileges throughout lease back period. Yan Oasis is an unique
      268 words
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      Page 22 Advertisements Column 2
      132 22 Christmas New Year Delights J m B| ♦hx****** *x-o°o*s, Fresb Fruits 6 Roasted Duck Salad with Mango Fook Yuen Special Barbecued Chicken tt«tXlfe>t*ltst Braised Superior Shark* Fin Soup with Bamboo Pith Baked Pork Spare Rib with Lycbee Dressing X«A*AMfr*l#F** *Ss*t£jt**Jl Deep Pried King Prawn Ball Marinated In Braised Noodles with
      132 words
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      Page 23 Advertisements Column 1
      181 23 The westin Tai Ping Yang Shanshai first operated in the French Territory. Where east meets west in Shanghai, you'll find a tantalizing mix of genuine hospitality and superior service. At The Westin Tai Ping Yang, every guest is treated to a welcome that's friendly and warm. With services, amenities, fine
      181 words
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      Page 25 Advertisements Column 1
      32 25 J Exceptional Character. JOAILLIER EN HORLOGERIE PiageT Piaget Polo, 18 K gold. /a bezel set with diamonds, PIAGET Boutique: *01-09BNgee Ann City Towerß, 391 Orchard Rd, Singapore23BB74. Tel. *****31. HSsjflJ self-winding movement.
      32 words
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      Page 26 Advertisements Column 1
      119 26 ADVERTISEMENT Over 30 years of experience has led i#v Svenson to the Single Hair System Svenson has helped thousands of people counteract hair and scalp problems with their unique formulations based on research from leading institutions the world over. With years jflV of technological development the Single Hair System is
      119 words
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      Page 26 Advertisements Column 2
      18 26 mmM A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents Efl a minute.
      18 words
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      Page 27 Advertisements Column 1
      45 27 Celebrating Singapore's Enterprising Spirit Be part of the Enterprise 50 list A ranking of the fifty most enterprising, privately-held local companies. Come forward and claim your place on the list. It's an honour. Call the Enterprise 50 hotline 290 8998 for a nomination form. Busmes^Dmes
      45 words
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      Page 27 Advertisements Column 2
      58 27 7^^SINGAPORE THE HOUR GLASS Takashimoya Shopping Centre Tel. *****20 Lucky Plaza Tel. *****62 Scotts Tel. *****27 Centrepoint Tel. *****98 Peninsula Plaza Tel *****09 Raffles Hotel Tel *****41 World Trade Centre Tel. *****51 Changi Airport Terminal 1 (West Wing) Tel. *****60. Terminal 2 (South Wing) /1L Tel *****81 MALAYSIA THE HOUR
      58 words
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      Page 30 Advertisements Column 1
      594 30 FLEXTECH HOLDINGS LIMITED (incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of Rextech Holdings Limited (the •Company") will be held at the Board Room, N M Rothschild Sons (Singapore) Limited, The Exchange, 20 Cecil Street
      594 words
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      Page 30 Advertisements Column 2
      71 30 b us i n l: s s r_j_M_y^_s This announcement appears as a matter of record only. November 1995 The Commercial Bank of Korea, Ltd. (incorporated with limited liability under the laws of the Republic of Korea) U. 5.5500,000,000 Euro Medium Term Note Programme Arrangers Merrill Lynch International Limited Merrill
      71 words
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      Page 30 Advertisements Column 3
      513 30 Singapore Closing Share Prices 29/11/1995 CLOSE PREV LOW HIGH US$ US$ US$ USS \lllf/ Jardine Matheson 5.85 5.85 5.80 5.95 mrrrrwm Jardine Strategic 2.61 2.64 2.61 2.64 V%SSSS 1 Dairy Farm 0.82 0.82 0.80 0.825 Hongkong Land 1.73 1.74 1.73 1.76 SSnSS Mandarin Oriental 1.13 1.13 1.11 1.13 EfiUiUmil Jardine
      513 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      307 31 Knight-Ridder Reuter DRY CARGO freight rates are crumbling in several important areas and the decline appears to be accelerating for many sizes, especially for loading positions beyond the middle of December, broking sources said. The BFI lost 14 points on Tuesday to 1,685 and there are few signs
      Knight-Ridder; Reuter  -  307 words
    • Article
      MARITIME STOCKS
      291 31 SCS *900 SS 1W CWTDIst 1.40 unch 164 ChuanHup US -0.02 1M Cascolnv 1.94 -0.02 491 rtLS 5.95 *0.20 389 FrvtaM Links 0.79 -0.015 130 06 HokPngs 1.24 -0.01 33« Hat Sun Hup 0.91 *0.005 95 Hitachi Zasan 1.03 unch 57 IMC Ml Win —HK 5.60 Java Holdings
      291 words
    • Article
      ACL, Samudera to team up on two trades
      356 31  -  Vessel-sharing agreement on S'poreB&ngkok, S'po reJakarta routes By] Rahita Elias [SINGAPORE] Two Asean feeder carriers, Advanced Container Lines (ACL) and P T Samudera Indonesia, will join forces next month on the Singapore-Jakarta and Singa-pore-Bangkok trades. A spokesman for both carriers told Shipping
      356 words
    • Article, Illustration
      Lock icon The two loves of freight forwarders association chief
      645 31  -  SHIPSHAPE By Yong Mei Fong BENEATH that cool, controlled and serious demeanour, Stanley Lim is a very passionate man when it comes to his two loves. The Singapore Freight Forwarders Association (SFFA) chairman's face lights up when he talks about freight forwarding
      ARTHUR LEE  -  645 words
    • Article, Illustration
      New name, more members for Asean ports grouping
      450 31  -  APA will be new name; port developers to be accepted as members By Yong Mei Fong [SINGAPORE] The Asean Port Authorities Association (APAA) will be renamed the Asean Ports Association (APA), following a firm decision to extend its membership to not only
      450 words
    • Article
      Lock icon Panama terminal saw 15,000 boxes in Oct
      206 31 Reuter [PANAMA CITY] Panama's recently-built ManzaniUo International Terminal (MIT) facility moved 15,000 containers in October, making it one of the largest container facilities in Latin America. Located on the Atlantic Coast city of Colon, 79km from Panama City, the US$l2O million (*****.2 million)
      Reuter  -  206 words
    • Article
      Lock icon Howard Smith to wind down shipping activities
      257 31 Growth prospects very limited for Anssiegronp Reuter (SYDNEY] Engineering and shipping group Howard Smith Ltd said it intends to wind down its shipping operations because the industry offers little growth opportunities for the company. "When compared to the long term opportunities in our
      Reuter  -  257 words
    • Article
      China port berths to double by 2000
      169 31 [SINGAPORE] Massive port developments over the next five years should lift China's aggregate capacity from 600 million tonnes to over 1.1 billion tonnes a year. The number of berths at coastal ports will almost double from 1,050 in 1994 to 2,000 by the
      169 words
    • Article
      HK port launches traffic safety programme
      150 31 (SINGAPORE] Hongkong's Marine Department has launched a traffic safety management programme to cope with the growing volume of traffic at its port. In a statement issued yesterday, the department's general manager for vessel traffic services, Roger Tupper, said the multi-million dollar Programme of Proactive
      150 words
    • PORT Shots
      • Article
        New IMO rules for ro-ro equipment
        96 31 [SINGAPORE] The International Maritime Organisation will adopt new rules requiring ro-ro passenger vessels to be fitted with special rescue and survival equipment. The four major points agreed upon at Monday's meeting in London include: designation of a helicopter pick up point on all existing
        96 words
      • Article
        Jardine appointed agent for BBS
        65 31 [SINGAPORE] Chittagong-based Atlas Shipping Lines and the Korea Marine Transport has appointed Jardine Shipping Agencies the local agent for their joint Bengal Bridge Service (BSS) which plys between East Asia and the Bay of Bengal. The two have also enhanced the monthly liner conventional service
        65 words
      • Article
        Adriatic creditors reject rescue deal
        64 31 (SINGAPORE) Creditors of Greece's debt-ridden Adriatic Tanker Shipping have turned down a rescue deal brokered by Oslo's Den norske Bank (Dnß) to involve new investors, according to Dnß deputy managing director and head of shipping, Anne Oian. The package, says Ms Oian, was put together
        64 words
      • Article
        Lock icon Asian Terminals plana expansion
        69 31 AFX-Asia [MANILA] Asian Terminals Inc will embark on a 3.93 billion peso (*****.4 million) expansion programme over the next two years, according to documents filed with the Board of Investments. Asian Terminals said the project involves the expansion and rehabilitation of the Manila south harbour, and
        AFX-Asia  -  69 words
    • Article, Illustration
      Lock icon One runway or two dilemma
      1014 32 AIR TRAVEL: HONGKONG'S NEW AIRPORT Chek Lap Kok will be four times the size of the old Kai Tak airport, but it is expected to offer air passengers only brief respite from congested conditions as passenger usage is expected to start approaching capacity within a
      Reuter  -  1,014 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      351 32 PAGE ACL 13 ANL 3 Able 11 Accord 12 Ah lees 6 Ahrenkiel 4 Appenship 4 Astro 10 Austral 13 Avant 6 BSA 13 Batamindo 11 8'tanq Mas 12 Bright Express 6 CCNI 4 CMA 13 COSCO 11 CSAV 3 Centenary 11 Central
      351 words
    • Article
      SHIPPING GUIDE
      20952 37 r—CTA ETA Advertiser Vessel Voyage Pq ETA ETA Advertiser Vessel Voyage Pg SIN Dest'n Name Name No. No. SIN Oestn Name Name No. No. m mmmmmSmm wmmmmammmmmmmmmmmmmmmmmmmmmmmmmm mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm A Bandar Abbas A 02/12 15/12 Uniglory UNI CROWN 0375-028W t f A hid I an 04/12 19/0 UASC DUBAI
      20,952 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES I
        624 45 Vessel Voy No Berth Arrival Departure i Jarang Nrt (*>CT)S91N0t24 4/95 J1 alongside 30.11/2300 (V) lestari 8/96 J1 alongside 30.11/1800 UbM Jaya AI02 J10 alongside 30.11/0500 Aanegret 9504 J4 alongside 30.11/0900 Bern Putra 11/13/95 J9 alongside 30.11/1300 IhfbM 11/03/95 J12 alongside 30.11/2300 FafMwn 01/95 J18/19 alongside 30.11/2300
        624 words
      • Article
        CONTAINER SCHEDULES
        1798 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/BoUncc Rstls Ship Voy No Ctb/Btr Ported From To From aci ctow ooTi mm »moo 29/1459 29/1900 n n/Hoo 29/1*59 29/1900 2* 29/1700 30/0659 30/0900 a 29/1700 30/0459 30/0900 J 10/0700 M/H59 30/1400 4 30/1200 30/1459 30/1700 Aci J*4* 2641
        1,798 words
      • Article
        GLOBAL HOLIDAY
        402 45 DEC 1 Central African Republic, Romania: National Day. Ghana: Farmers' Day. DEC 2 UAE: National Day. DECS Thailand: King's Birthday. DEC 6 Ecuador: Holiday, Quito only. Finland: Independence Day of Finland. Spain: (tentative) Constitution Day. Sri Lanka: Poya Day. DEC 7 Ivory Coast: National Day. DEC 8 Argentina:
        402 words
      • Article
        COCKETT BUNKER MARKET REPORT
        905 45 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        905 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Chinese, British sign accords on new HK airport
        344 46 Sino-British Joint Liaison Group endorses setting np of Airport Authority AFP [HONGKONG] Chinese and British officials yesterday signed a series of agreements on Hongkong's new airport, paving the way for the establishment of the territory's Airport Authority tomorrow. The agreements were signed
        AFP  -  344 words
      • Article, Illustration
        Lock icon Test car under pressure
        57 46 [DEARBORN, Michigan] The passenger side glass seems to explode out of a 19% Ford Taurus (right) as a mobile barrier impacts the car at 31 mph on Tuesday in a crash test at Ford's Dearborn test facility, its 10,000 th crash test. See Executive Lifestyle, Page
        REUTER  -  57 words
      • Article
        Lock icon US govt dept downplays memo on taxing of frequent flier miles
        333 46 Memo does not indicate widespread policy, says Internal Revenue Service Bloomberg Business News [WASHINGTON] The Internal Revenue Service on Tuesday sought to play down the significance of an agency memo outlining how business travellers could owe taxes if they
        Bloomberg Business News  -  333 words
      • Article
        Lock icon FedEx pilots' union may start strikes
        211 46 Bloomberg Business News [MEMPHIS, Tennessee] Federal Express Corp's pilots' union is considering strikes of limited duration to strengthen its bargaining position in its dispute with the package-de-livery company. As recently as last week, the union said it wasn't considering a strike. After negotiations broke
        Bloomberg Business News  -  211 words
      • Article
        UPS invests US$5.5m in Anchorage airport facility
        283 46  -  Size of facility will triple when completed in 1997 By] Rahita Elias [SINGAPORE] US-BASED United Parcel Service (UPS) is investing US$5.5 million (517.7 million) in its facility at Anchorage International Airport in Alaska. With the investment, its operating facility will nearly triple in
        283 words
      • Article
        Lock icon China standardises airport departure taxes
        138 46 Reuter [BEIJING] China will standardise airport departure taxes from tomorrow, abolishing rules requiring foreigners to pay higher fees than Chinese for some flights, Xinhua news agency said yesterday. All passengers flying abroad from anywhere in China win be assessed a standard 90 yuan (5514.85) in
        Reuter  -  138 words
      • Article
        Lock icon China and Vietnam agree to pursue rail link plans
        211 46 Reuter [HANOI] Vietnam and China have agreed to push ahead with plans to restore rail links between the two countries which were severed in the late 1970s during a border war, official media reported yesterday. Leading Vietnamese-lan-guage dailies said agreement on
        Reuter  -  211 words
      • Article
        Lock icon New US plant signals fresh assault by Toyota
        214 46 Reuter [DETROIT] Toyota Motor Corp's plans to build a new assembly plant in south-western Indiana signals a fresh assault on Detroit's last bastion of dominance the full-size pickup truck market. Analysts said on Tuesday the new plant near Princeton, Indiana, about 40km
        Reuter  -  214 words
      • LOG Book
        • Article
          Lock icon Rolls-Royoe's Hongkong venture
          96 46 Bloomberg Business News [LONDON] Rolls-Royce Pic said it would pay a unit of the Swire Group US$2O million (5528.2 million) to help establish an aircraft engine maintenance centre in Hongkong. The British aircraft engine maker said it would open the facility by January 1997 to service the
          Bloomberg Business News  -  96 words
        • Article, Illustration
          Lock icon 37 passengers injured in bus crash
          35 46 AFP (FRANCE] A coach that missed a bend crashed into this "T house, partially destroying its facade. Thirteen of the 37 coach passengers were injured, four seriously. —AFP t"
          AFP  -  35 words
        • Article
          Lock icon Long road ahead, says Nissan chief
          80 46 AFP [TOKYO] Nissan Motor president Yoshifumi Tsuji has «|id Japan's number two carmaker has a long way to go to complete Its trek out of the red, Kyodo News Service reported yesterday. "Nissan's market share has fallen continuously over the past two decades and
          AFP  -  80 words
        • Article
          Lock icon Isuzu in Taiwan heavy-bus aooord
          74 46 Reuter [TOKYO] Isuzu Motors has reached a basic agreement with Taipei-based Jinn Lung Motor Co on the assembly of heavy buses in Taiwan, an Isuzu spokesman said. Under the agreement. Jinn Lung will assemble 15-tonne buses with- >■ the Isuzu brandname for the Taiwan market
          Reuter  -  74 words
        • Article
          Lock icon SAS-Lufthansa tie-up starts Jan 1
          86 46 AFP [STOCKHOLM] A strategic alliance between Scandinavian Airlines System (SAS) and German carrier Lufthansa will begin on Jan 1, Lufthansa president Juergen Weber said here. In an interview with the Swedish financial newspaper Dagens Irutustri on Tuesday, Mr Weber said > that all aspects of
          AFP  -  86 words
        • Article
          Lock icon Raya plans Asia-Pac expansion
          82 46 Bernama [KUALA LUMPUR] Raya (Car Rental) Sdn Bhd, a wholly-ownedeubsid iary of MBf Holdings Bhd, is planning to expand its operations into the Aafcs Pacific region as well as to set up branches in Sabah and Sarawak by August next projected an lrfft-ease of 100 per
          Bernama  -  82 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1408 46 CITY FLIGHT ETA FLIGHT CTD Hatyal TG407 2105 TG406 0620 Abo MvaM GA975 1335 MW5 2255 M896 1920 S0441 1530 Ho CM VN741 1310 S0172 WOO AdalaMa 0f0«1 1930 0F082 2050 Mb* City S01T1 1450 VH740 1410 S0228 2045 VM743 1910 _L Amsterdam S0025 0645 KL836
        1,408 words
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      Page 32 Advertisements Column 1
      1578 32 j NORTH AMERICA i OTHER DESTINATIONS I NORTH AMERICA I I DIRECT CALL TO WEST COAST (SCX) WEST COAST Of CENTRAL AMERICA (MARQARTTA SERVICE) SINGAPORE CAUFORNIA EXPRESS (CTRSCT FROM WEST COAST) mm vot rawlraw! u I IvaI»IwI ml ok I o laoxoan mia Ivot| m mm vot iosamms omuw vmcotm
      1,578 words
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      Page 32 Advertisements Column 2
      327 32 Lines and services represented by ti?'.! Members of the Registry of Accredited '-V Shipping Agents, Singapore National vXZJJ) •j Shipping Association. i 1 ————I ivx.J for advertising enquiries, contact Snipping Times. j *el 740-2089 Lit* i j H Horoscopes, 30 cents a minu^^K |SMl|iiiPik ,T TTW«T«I Jll aj 111 t
      327 words
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      Page 33 Advertisements Column 1
      1429 33 I PACIFIC SOUTH WEST EXPRESS (DIRECT) Vtssa VOT SWETA BNHP LAX OAK 01 MM <XH PAI HOU NT( HUUMMimKA <oa 00/11 10/11 2t/n 20/11 »/n 30/11 ao/ii ao/n 01/n oi/» o«/" mamtcmaa m lt/n 17/11 03/12 os/n 00/12 07/12 07/12 07/12 o>/» o»/» '<>/!*- maamnu ta 23/11 20/11 10/12 11/11
      1,429 words
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      Page 33 Advertisements Column 2
      1930 33 0 HANJIN SHIPPING I USA CANADA ~sa m m on ni mm w htc mc ai <w m ttz t» rrc nc liTfi nTiTlyij nTfi STii h7« S7H «7ii STH m/ii "nTii 57i? nTii ii/H »7fi H/i? iyi? a/1? a/11 a/12 Wis SI/12 «1/V1 31/12 01/01 01/11 31/12 M/II ii/
      1,930 words
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      Page 34 Advertisements Column 1
      759 34 VESSR VOY HAM fDAM ANT LHA S7ON PKEUN6 SIN HKG KAO TYO SHI KMC NAG HAM4UIC EXPtESS OV74S t/11 "IfITTT VII uTTI 1/12 VI? 1/vi 1 lAMAKUIA 4Z/44S 11/11 VII S/l I IS/11 14/11 VI? 4/1? 7/1? 14/1? "/U 'V* HANHOVEIEXPRESS »/?4* IS/11 17/11 14/11 U/ll «/l? I?/I? 14/1? ?l/l?
      759 words
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      Page 34 Advertisements Column 2
      1500 34 NORASTAI VESSEL VOY SIN ALQ LAS SOL VAL HAM BRE ROT ART FEL LMA NORSHARJAH #544-3 06/12 26/12 2*12 3*12 31/12 01*1 02*1 03*1 04*1 06*1 o*6l SEAENOEAVOUR 549W 13/12 Kid 1141 Ml Pff Ml Ml I*ol 11/01 11*1 13*1 SEA IMITATIVE 560W 21V12 00*1 OMI 13/01 1401 15/01 I*ol
      1,500 words
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      Page 34 Advertisements Column 3
      742 34 JAPAN/HONQKONQ/STRAITS REGULAR SERVICE LOADING FOR PORT KL4NG/PENANQ VESSEL vor S PORE P OUOANC PK6 PEN CHUM KUAN 12 SID INPT f FORTUNE CUPPER 5 MPT 12 PEC GREEN PINE 4 HI PT HHC POWC M 4 11 DEC 93 PEC YAYASAN SATU H 93 PEC <6 PEC T~ WTWAMUWO3 2
      742 words
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      Page 35 Advertisements Column 1
      1103 35 fUKTMB STRAITS SHIPPING PTE LTD •1 kc 10 Hoe Chiang Road #11-01 Keppal Towers Singapore 0208 Tel: *****88 Fax: *****17 \*s: k T i a: i iJB cnew guinea pacific une 1 SINGAPORE j£tC<Eg (A SERVICE OF CHINA NAVIGATION CO) 4 E» ETD STRAITS M 0« V9SISE 02 Dec Mok
      1,103 words
    • Advertisement
      Page 35 Advertisements Column 2
      1812 35 P&O p (Singapore Agencies) Pte Ltd ■Ha B vV 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 rirst Class Connections WORLDWIDE Tcl: 225 2233 Te,e RS ***** pnocsp Fa*: 22s 5327/222 7517 CR Number *****9 *****/ export import iwrvni McSkEBO MAERSK 9612 270{ am OTI 0M Ml sw?2 ZUI3
      1,812 words
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      Page 35 Advertisements Column 3
      606 35 OWOUMD PKL PBI JOH SM HB l>o TM K WITIIIIWM OSKIWJW WAN HAJ 211M34 2*ll 27/11 2*ll IMPORT M/ 12 K/12 17/12 Ml 2 15/12 13/12 12/12 13/12 WAN HAI 222/Wt2l 2*ll gj B/12 O-M/12 >7/12 I*l2 11/12 13/12 17/12 11/12 I*l2 I*l2 WAN HAI 213 *>21 B/12 M/ 12
      606 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      1125 36 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SGP RDM ANW HBO THP LHV LHV THP ROM ANW HSG PKL SOP E. REPUTE RW-801 2/12 20/12 21/12 22/12 24/12 2S/12 E GARDEN RE 001 4/11 5/11 5/11 1/12 E GENERAL RW-044 9/12 30/12 31/12 1/13/15/1 E GOING RE-050 12/11 13/11 15/11 15/11 17/11 11/12 R REACH RW-005
      1,125 words
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      Page 36 Advertisements Column 2
      728 36 d HH fc VfSSft VOYAW W DN uu DM IU IWT Ul VISSiI VOYAGI DM AM MM lAN SGf B w«»" 3£52 M* W]J "V" ivii ivii is/12 momm oj/mh i»/ii ?o/ii 11/11 rvll ovi? I KTMUA 0374-OOSW 01/11 11/17 70/13 M/ 1? ?l/l? 73/1? TVli UNI ONWUO 03/ MI«
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      Page 36 Advertisements Column 3
      701 36 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UNES) FAX: *****19/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E OB ETHIOPIAN SHIPPING LINES Y (National Unes of ElWopta) ACCEPTING FCL AND CONVENTIONAL Veiwei Voy ItA Loading for' «PW» Notunet 40WB 19/12 <»»■ Andhwt 42W8 19/01 Mombaaa, Djibouti
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      499 40 BKAPAL KRIS Shipping Pte Ltd 708 DUXTON ROAD, S'PORE *****9 Tel: *****76 Fox: *****77 CR NO. **********0G SYARiKAT PERKAPALAN KRIS SENDIRIAN BERHAD 309-609 BIOCK A dOMAC BUSINESS CENTRE, 10 JAIAN SS 4/1, KELANA JAY* P.O. BOX <428 ***** PETAUNG JAYA SEUNGOR. TEL *****77/78/79 MX: *****07 THEX: MA ***** REGULAR CONTAINER
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      Page 40 Advertisements Column 2
      257 40 SOUTHERN AFRICA SERVICE (W«ST PWOOCTS SIIVW) FHOM: U.K./ COTWEMT/ MttOLE EAST TO: FAB EAST DIRECT MONTHLY SAILINGS EUROPE SEWVKE VfSSa/VOY SIN LAM CHAIANG HONGKONG KtailMC VESSEL U TGM SM PK MTS MM CT TAW SKN KKU TMA NkETXA VI2O 04/01 07/01 11/01 13/01 t lICTIIIUJtmMi V 124 J3/1130/11 01/0103/01 14/01
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      Page 40 Advertisements Column 3
      311 40 pfflHH SO TELOK BLAN6AH ROAD #02-02 CtTIPORT CENTRE. STORE 0489 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** Cfi NO. **********0W VESSEL m ETA ETD DESTMATON MMUWA tm 3*ll* 11/12* SSMMMG/CKMN ISABOA 17* *11* 11/12* MMMWSAMJARMASW kagum 12* nmm ttnw mammiM LMAMU U* 02,11* IVl2* PONTMNAK MAOUKWA M« 04/12*
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      Page 40 Advertisements Column 4
      84 40 I S3Ej»^PB^«i Jr Astro Shipping P*« ltd WEEKLY CONSOLIDATION SERVICE 0 8/12 15/12 Z I' <ho ogiplinj in otto J«anmions in Chino via Womtonjj I TEL: 220-4045 (10LINES] FAX: 325-4080 J i' /'(TO? SPEEPA LINES 3 ACtVTMf WBMO LCL K1 tl MVfl MNMtt MHIHj »bsb. I?L I*.jy.jyjgj'" isl irJyJaJ I
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      Page 41 Advertisements Column 1
      2499 41 CARGO TO VARNA, ODESSA ANO CONST AURA VIA UMASSOL fIMMf As..lt T,l IStMril): 22,1 Ml Afttt, lh,l: COS TAR SHIPPING PTE LTD f C:w.i, utsuvu* tumtnr ire m. 0,.r.ti.. cmmnt ««;»j r,C L,U T.ln 2,139 COSHIF Connnlleml 42,5,3, 0/0 CaafoU.n.l *****4$ iutSSrSLt MM ItrriMNtK Fti: 22,2201 l/llttltt lie Old ««7»
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      Page 41 Advertisements Column 2
      627 41 (i% FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 S' HOT UNE: *****33 (30 UNES) I WE PROVIDE I Weekly Sailing DIRECT CONSOL to HAIFA ASHDOD Eta Sin 03/12/95 Call us for details 2241 8 3 3 Ken/Sylvia/Ramlah Imah/Molly P KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10
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      Page 42 Advertisements Column 1
      948 42 ■g88aMr....... ■HKnuzHH [VESSEL VOY SIN JKT [VESSEL VOY SIN PEW GOOD EASY' 243 ~Frt I 01/12 Tu> 06/12 QURU BHUM 5166 Thu In Pt Sat 02/12 H ISRABHUM ***** Fri 01/12 Son 03/12 CHU TIAN 5617 Sal 02/12 Tu« OS/12 YANTRA BHUM 113N Thu In Pt Sun 03/12 AKA BHUM
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      Page 42 Advertisements Column 2
      819 42 70 ANSON ROAD, «21-01, SINGAPORE 0207 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANQ W PENANQ VESStL VOY SM I PKL VESSEL VOY SHI I PtW S£A LAUREL 437N 3011 THU 01/12 FRI DRAGON BINTAN 27W 01/12 FRI 03/12 SUN EAGLE BREEZE 224 A 30/11 THU 02/12 SAT SUSAK ***** 03/12
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      Page 42 Advertisements Column 3
      254 42 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET SINGAPORE *****4 BOOKING/ENQUIRIES Cft NO: **********0W TEL: 323 1133 FAX: 221 4053/56/58 TLX: RS2BI2QA2SQSB FS3HIP vcsa VOY SIX ETA SIN ETD DCSTMBION SOU RAY 14/95 01/12 01/12 PUUU/HLEWM6 NEE DUX I 14/95 11/1! 13/12 KffIUJUXAMTETE SUN ROW 22/95 14/12 14/12 WOUUI/riUJARG AGS 11/95
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      Page 43 Advertisements Column 1
      648 43 I A. Wm< MYANMA FIVE STAR LINE (Myaataar National line) 1 Loading for Yoogoa (Rangoon) VfSSd VOT SW PR6 KN PGU nWTA 140W m PT SIO AVA IJ4W SID SIO ■AlAttlA AGCMTV MWSTIAO SWPPMC AGOKKS lUL m M-03-2417J00 KL HI 02-03-37*4101 KM: HI 02-04-*****02 FGO: Til 02-07-*****21/4 BANK LINE (A
      648 words
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      Page 43 Advertisements Column 2
      1202 43 ADVANCE CONTAINER LINES (PTE) LTD A I Z 140 Cadi Street. 4M2-00, PIL Building. Singapore 0106 I TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO **********0E RANOKOK r JAKARTA (3 to PAT. 3 W to »NT ifamnfi to LCH) (2UIHh*^N«) "1 m vtssa W U I M I
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      Page 43 Advertisements Column 3
      950 43 |CR NO: **********0Z VESSELS VOY SX LE HAVRE HAMBURG TMAMESPORT ROTTERDAM ANTW^ VLLEDE NORMA NI2W 07/12 28/12 29/12 31/12 01/01 03/01 V-LEO6 CARINA CI2W W2 OWI 06/01 08/01 oSoi 11/01* VLLE DE SAGITTA SI2W 20/12 MVOI 11AM 13A>1 MM 16/01 ~AI2W 26/12 16/12 VMM 19/0? 2SOI 22/01 ALSO ACCEPTING CAfIOO
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      Page 44 Advertisements Column 1
      704 44 SINO EXPRESS SHIPPING (PTE) LTD. v I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. v l m m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI CONTAINER SERVICE) SIN/HKG/SHAI SPORE HKO SHAI VPSSF' VOY ETA ETP ETA ETP ETA ETP LATMOS 9549/9550 01/12 02/12 07/12 08/12
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      Page 44 Advertisements Column 2
      667 44 HIMN CONTAINER UNES. INU I Agents: MAC-NELS SPORE: *****22 (24 LIMES) Kucnwo:(oK)4a44»3 I IVvV J QW MOt IJDOITBPOW SIBU: (084)*****9 MAMLA: (632) *****61 K J W V PENANG: (04) *****6 BANGKOK: (662)*****67 SURABAYA; (21)*****0 P. KELANQ: (03) *****77 JKT: (21) *****87 MP* (61) *****3 BANDUNQ. ga>4»«6 I ASIA HKG/TWN/BKKI GENOA/EUROPE
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      Page 44 Advertisements Column 3
      152 44 iff MFL SHIPPING (INT'L) SSSs PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCULCL CONSOLIDATION SERVICES 1 HOT UNESi *****42/345 ACCEPTING CARGOES TO EUROPE lASE PORTS/ STINKY/MELBOURNE ALSO ACCEPTING K1 TO USA PORTS AND CROSS-90RDER SERVICE TO MEXICO AND CANAM VESSEL VOY ETA (SIN) KOTAIKTAH vl NT 1~9 03/12 KUOTAI
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      124 45 LfGENO R Thunderstorm Temperoture c y Shower Weother -V Wind drection with speed in knots •e Rain Cloudy Sky Wove h «9 ht Serfoce winds are mdicoted by arrows which Hy with the wind (l) c c calm or bght ond vanob4e Wind* One half Heche represents 5 knots One
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      66 46 M.V. MILLION T* VOY 21 ARRD 22ND NOVEMBER 1995 M.V. EAST SEAWAY' VOY 1 ARRD 25TH NOVEMBER 1995 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the Ist December 1995 0900-1200 hours at PTB. No further survey will
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      Page 46 Advertisements Column 2
      7 46 One runway or two dilemma, Page 2
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  • Freight Forwarding
    • Article, Illustration
      Moving with new technology and skills
      332 47  -  By Rahita Elias SINGAPORE'S freight forwarding industry has undergone a dramatic transformation over the past couple of decades. Local forwarders of old were little more than trucking and warehousing companies which added little value to the total transport chain. Many were fami-ly-run businesses employing
      332 words
    • Article, Illustration
      From small to big-time players
      874 48  -  SINGAPORE FREIGHT FORWARDERS ASSOCIATION: IN STEP WITH THE TIMES The industry has evolved from being just a collection of transportation outfits to being the architect of transport and logistics. The freight forwarders association, working with government agencies and other parties, is keen to see the
      874 words
    • Article, Illustration
      Making a mark on the world map
      1277 49  -  INDUSTRY PERSPECTIVE: PROBLEMS AND CHALLENGES Freight forwarders have to continually upgrade their services to meet competition head-on at home and abroad By] David Lim Tech Hiang The writer is the president of Freight Links Express Holdings Ltd FREIGHT forwarding began when commercial cargo
      1,277 words
    • Article, Illustration
      Clients go for 'one-stop shops'
      1157 50  -  LOOKING AHEAD: OPPORTUNITIES In an increasingly competitive environment manufacturing companies everywhere are looking at cutting costs and discovering that efficient transport companies and their specialised services can solve some of their problems in marketing By i Claus Czisla The writer is K& N's director of
      1,157 words
    • Article, Illustration
      In a constant state of flux
      1334 51  -  LOGISTICS 2000: DEVELOPING TOTAL CAPABILITIES A look at how the logistics sector is continually changing, improving and adapting to meet market demands By: Phillip Saw The writer is senior manager (corporate development) of CWT Distribution SINGAPORE is an ideal global logistics hub for the
      1,334 words
    • Article, Illustration
      Key to just-in-time delivery
      964 52  -  WAREHOUSING: AUTOMATION Automated warehouses which optimise both the use of space and labour help manufacturers move their goods efficiently fly' Tan Kay Hook The writer is executive vice-president of Freight Links Express Holdings M manufacturer wants to move raw materials from his warehouse to the plant.
      964 words
    • Article, Illustration
      A strategy for businesses to deliver goods
      1271 53  -  SUPPLY CHAIN MANAGEMENT: THE WAY TO GO Effective management of the supply chain will bring tangible improvement and that is the only key to success in the next decade By] Robert Yap The writer is managing director of the YCH Group fHE success
      1,271 words
    • Article, Illustration
      Making Changi Airport a super hub
      783 54 AIR CARGO BANDZiXMO: CHALLENGES The Singapore Airport Terminal Services aims to provide infrastructure and facilities that will cater to the growing demands of the industry SINGAPORE'S Changi Airport last year handled 1,009,800 tonnes of air cargo an increase of 20.4 per cent over the
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      0 47 :[,\{<')$~^++]*//?{%;{"+;,{+{=?
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      Page 47 Advertisements Column 2
      94 47 CONTENTS Fran small to big-time players The freight forwarding industry has grown from a collection of mere transportation outfits to the architect of transport and logistics. Page Two Making a mark Services must be continually upgraded to meet head-on competition at home and abroad. Pa#® Three One-stop shops Specialised services
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      Page 48 Advertisements Column 1
      130 48 $mg& -r tSh^S i: VC?%«*jtlL r mV?^? fpi gp Hp I fpste 1 AVANT SHIPPING LINES "£s*s% i- THE SHORT HA UL SPECIALIST M -^pM ssr£&\ 3y53a? &SK9&? &§9s *m 5 *^5 £p* &IP ife& f§3ss if*£ I «?lE§ v* jßaasg Hi kzsi H I ||B|| $6h| W&fe ftiTZ-jr JFKf&fc
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      Page 48 Advertisements Column 2
      172 48 Q HARBOUR LINK Harbour Link WAREHOUSE warehouse where every floor is a ground floor! On the nexus of activity The advantage of space The ideal workplace Strategic location at Designed to optimise space Roof-top tennis court Alexandra Terrace off Pasir First and only warehouse Sheltered car-parks Panjangßoad with a dual-lane
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      Page 49 Advertisements Column 1
      61 49 ODESSA Tashkent Vostoc ny I M Baku m jfc •Ashkabad W J via Finland Moscow Jf W mm ISLAMQALA A*^Jf mf S 4seis via Bandar Abbas C.I.S. jh IHII H JB| A Jf «L via Busan Russia/C.i.SJ wF Afghanistan JMF via Odessa Ukraine 1 if SOVOTRANS m MmF ft SINGAPORE
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      82 50 BP m v THE TOTAL m TRANSPORTSTJGJTI I PEOPLE p ■k Hk v x**M&-'*f i*L"' 'oi' '^B^Br --^t*ESHslKirvl^M fl 1 faiAlte. I H I /7m. M f h v A IJ PU y*l^M vvv r, 3BK®l^W x^' >7 1-J """V' I *SHB llSi InK «M#BBBf -■•■M&M |Slg SEraR Mwm m
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      Page 50 Advertisements Column 2
      372 50 GLOBAL LOGISTIC SYSTEMS An International Freight Forwarder with 300 own offices worldwide is providing regular air sea services Asia Pacific/Australasia Germany United Kingdom ■■D Other Europe United States of America J H Rest of the World For bookings/enquiries, |H pis contact: I Airfreight CSU: *****66 I Seafreight CSU: *****55 rjrt
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      190 51 FREIGHT FORWARDING NVOCC CONSOLIDATION INDIAN SUB-CONTINENT PORTS J Islamabad J Rawalpindi/ PAKISTAN Peshawa f P Sailkot#! V Lahore J} BANGLADESH V Faisalabad •_2^ y Lud ana Multan s s^__y v Delhi r Hyderabad KARACHI*-? Dhaka Ahmadabad I V A INDIA Y/ CHtTTAGONG I (CALCUTTA bombay( r~^ NHAVA SHEVA\# Pune VISHAKHAPATNAM
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      282 52 MERZARIO GROUP International Transport Services MERZARIO GROUP 160 YEARS OF EXPERIENCE IS OUR GUARANTEE TO YOU MERZARIO GROUP MERZARIO (SINGAPORE) PTE LTD No. 56A 568 Dux ton Road, Singapore *****0. Tel: 227 3477 (7 Lines) Fax: 227 8807 ITALY Milano Ancona Ban Bergamo Bologna Brescia Campogalliano Coma Ferrara Forli Gallarate
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      Page 52 Advertisements Column 2
      26 52 FRASER TRANSPORT PTE LTQs 115 Airport Cargo Road #06-07 Cargo Agents BldgC Tel: *****77 Fax: *****51 m rs i < FSb I H B HI IS i
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      Page 53 Advertisements Column 1
      106 53 'J. :^v >*•'', .T* magte&■ V 2 J m »-'7. i ««t 4T V —I Sf 7 r- *ju~4 <fi_i jgj _#.li JHLHf Mfc jr*' 1 *4 tf Kea's barges range from 180 to 300 feet and with horsepower of between 700 and 2400, Kea's tugs are designed to take
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      Page 53 Advertisements Column 2
      121 53 I—HW".-— mi :-t mme mnrmuum >■ a .vhw-s I II I I MmSSSSk I j* CENTRAL EXPRESS lines PTE. LTD. 4 Office: Blk 511 #03-04 Keppel Distripark Kampong Bahru Road, Singapore *****7 Tel: *****33 Fax: *****32/8 CFS: Blk 513 #02-127 Keppel Distripark Kampong Bahru Road, Singapore *****9 Tel: *****46/7 Fax:
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      Page 54 Advertisements Column 1
      303 54 FREIGHTLmSEXPRESS HOLDINGS LIMITED A leading integrated freight forwarding and logistics management group. Freight Links Express Logisbcentre in Penjuru Road mF^Ljrksß^DistiimkhTch&mfkad Singapore Offices Overseas Offices "RMKTLINKS'EXPRESS HOLDINGS LIMITED "MIGH?LIN!«EXPRESS PTE LTD KPRESSjM) SW BHD #05-00 Freight Links Express DisttipaiK WjKteM Tefs66 9966(40Line5)Fax'*****66 Fax: 566 7933,566 4566,566 8755 ToB Free Une: 566
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