The Business Times, 24 August 1995

Microfilm: NL20017
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    11 1 BusinessTimes WE KNOW ASI/C MITA(P) 194/12/94 Thursday August 24 1995 85*
    11 words
  • Article
    Lock icon Iraq was planning attacks: King Hussein
    69 1 AFP AMMAN Iraq was planning to attack Kuwait and Saudi Arabia a few days before two senior Iraqi officials defected to Jordan. King Hussein said yesterday that this was revealed to him by former Iraqi industry minister General Hussein Kamel Hassan. "There had been
    AFP  -  69 words
  • Article, Illustration
    Lock icon Pribadi family mounts takeover bid for Econ Int'l
    606 1  -  By Conrad Raj SINGAPORE Takeover fever yesterday claimed its fifth victim in recent months construction company Econ International. Yenville Pte Ltd, an Indo-nesian-owned company led by the Pribadi family, announced yesterday that it was making a bid for the main-board-listed company. It
    Source: Bloomberg  -  606 words
  • Article
    Untitled
    167 1 Stock nartoi ImHcm Wednesday Chute STII 2,106.52 +0.85 KLSEComp 1,028.35 -1.55 Nikkei 17,731.98 -145.79 Hang Seng 9,132.64 +185.45 SET Index 1,342.59 20.19 Jakarta Comp 502.07 +2.96 Manila Comp 2,787.92 -13.38 Taipei WPI 4,753.37 -53.84 Seoul Comp 925.81 +8.02 Bombay BSE30 closed CLSA China B 877.93 +14.33 Ami All Ord 2,101.6
    167 words
  • Article, Illustration
    Lock icon Windows 95: They came and they bought
    241 1  -  By Lee Wai Leong SINGAPORE Computer fans eager to lay their hands on the most-awaited software in computer history descended on Funan Centre in force at midnight this morning, with the queue of some 1,000 people snaking out of the building's atrium to
    Photo by Arthur Lee  -  241 words
  • Article
    SSL, Health Corp tie up for regional healthcare ventures
    437 1  -  By Jenny Lam SINGAPORE Health Corporation of Singapore (HCS), a private investment holding company for five restructured hospitals here, is teaming up with other local companies to venture into regional healthcare services. For a start, HCS has tied up with Straits
    437 words
  • Article
    Lock icon Tech talk and Fed move fail to lift Dow
    175 1 Reuter NEW YORK Blue-chip stocks weakened yesterday as the market was unmoved by a bounce in technology issues. Shares fell as optimism arising from Microsoft's sale today of Windows 95 gave way to concern that sales of the program won't meet
    Reuter  -  175 words
  • Article
    Indonesian govt orders probe into Garuda financing deal
    505 1  -  From Leslie Lopez in JAKARTA THE Indonesian government has temporarily suspended a US$66O million (*****.2 million) financing mandate awarded to a consortium led by Morgan Grenfell to fund aircraft purchases by flag carrier Garuda Indonesia, pending a probe into allegations of irregularities
    505 words
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      67 1 ~-,]})~]"\(@%[\^\^^)?>?>-%,,&=& BT Online Look as up at httpi// WWWJMI XOMJIg/biztilCS Sftn Dm 13 SfsnKsa 15.16 fe»Mi News 4,6,7 Francal 18.19 NnU New u Qofe/KLSE, SLS 22-24 Repooal 20 f«* I WortJ 21 Eitoral 12 Cwwacs 18 IV/ÜBtjte 11 Smmx/Comma _..lil9 Td 1800-*****77 Fa *****75 ■T Mmli* 14 *****18 Fa *****71
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      36 1 MORE REPORTS, Pg 17: t Branded PC makers set to gain market share t Impact on IBM and Apple Corporate results, Pg 15,16 CltyDev up 168% Stic up 46% UOLup 35% ST Computer Systems up 10.4%
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      16 1 Law: Pg 13 Aussie court rules on minority acquisition HDB en bloc redevelopment Commentary, Pg 2
      16 words
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      10 1 Hock Lock Siew: pg 15 So who's buying Ming Poo?
      10 words
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      176 1 WtcV Awnovjt* CO Tun» ««i»iOSP Sound PiomssotA3) Ch»nqwConW«n lujfrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****33 Kuta Uunpvr Phone; 757 0233 PtMHf Phone; 615 985/619 014 Jakarta: Phone; *****9/*****8 Bottom Line: pg 14 Dollar's rise a pIurjSSSST/ Endang doubles stake in Bugis complex, Pg 15 Probe sparks fear
      176 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon July inflation down 0.2% from June
        238 2  -  By Michelle Low CONSUMER prices dipped 0.2 per cent last month from June, with lower car prices and cheaper miscellaneous items offseting dearer food and education costs. Year on year, the Consumer Price Index rose 1.5 per cent in July, the Department of Statistics
        Source: Dept of Statistics  -  238 words
    • Article
      SSL offers 25-40% more than others for China Square sites
      444 2  -  By Abdul Hadhi STRAITS Steamship Land bid 25-40 per cent higher than the rest of the field which were below market expectations for two commercial sites at China Square in an Urban Redevelopment Authority tender which closed yesterday. SSL bid
      444 words
    • Article, Illustration
      Deacon Chiu firm selling 60 office units
      282 2 PROPERTY investment company Far East Holdings International, which is controlled by Hongkong tycoon Deacon Chiu, is selling its 60 office units in Marine Parade for what analysts say could be way below market price. The Hongkong-listed company bought the units in Parkway Builders'
      282 words
    • Article
      HBO Asia movies to screen on M'sia cable TV
      242 2 SINGAPORE-based HBO Asia will be screening its movies on Mega TV, Malaysia's first multi-channel cable television project, the company announced yesterday. It said it has reached an agreement with Cableview Services Sdn Bhd to allow subscribers to tune into its 24hour
      242 words
    • Article
      A bold, fair scheme for residents
      799 2  -  HDB en bloc redevelopment Lilian Ang explains why use of Land Acquisition Act justifiable Lilian Ang WHEN residents in Boon Tiong and Tiong Bahru read in yesterday's newspapers that theirs would be the first of the old housing estates to be acquired en bloc
      799 words
    • Article
      Turnover of Sicom rubber futures quadruples
      517 3  -  By Siow Li Sen TURNOVER of rubber futures on the Singapore Commodity Exchange (Sicom) quadrupled yesterday to levels not seen in recent memory as dealers and traders arbitrated and switched positions. More than 44,000 tonnes were traded yesterday against some 11,000 tonnes on Tuesday.
      517 words
    • Article
      Jakarta ferry service for S'pore cars
      87 3 SINGAPOREANS will be able to drive their cars in Indonesia soon. The Indonesian Co-ordinating Minister for Industry and Trade Hartarto Sastrosoenarto told a Singapore radio station that a ferry service would be set up soon to transport cars from the Republic to Indonesia. Mr
      87 words
    • Article, Illustration
      Among Asia's powerful women
      88 3 SINGAPORE'S first ambassador to the United Nations, Chan Heng Chee, has been named one of Asia's 21 most powerful women by Asiaweek. The magazine '5 managing editor Salman Wayne Morrison said Ms Chan was singled out for her intellectual vigour and foithright views during a career
      88 words
    • Article
      S'pore elevates ties with Belize
      41 3 DIPLOMATIC relations at the ambassadorial level have been established between the South American state of Belize and Singapore. A Singapore Ministry of Foreign Affairs statement said this would strengthen the friendly relations between the two countries.
      41 words
    • Article
      Convention Industry doing well in Singapore: tourism board chairman
      346 3  -  By Agnes Wee SINGAPORE's convention industry has continued to perform well, said STPB (Singapore Tourist Promotion Board) chairman Edmund Cheng last night. "In 1994, the conventions market recorded a 36.2 per cent growth in the number of foreign participants. This is
      346 words
    • Article
      TechMonth '95 to encourage firms to think innovatively
      323 3 THE business community stands to gain from many of the activities organised for this year's Technology Month, starting Sep 1. The theme for Tech Month '95 is "Science and Technology for a Better Tomorrow", and a large portion of its events is
      323 words
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      351 2 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 1800-749-2577. Save up to 4hrs to Detroit and beyond. Sale of Fine Chinese Art t A JL I X Chen Yifefa oil on canvas, Late Afternoon in
      351 words
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      73 2 i I Take an original evening. Add a dash of live music. Sprinkle with laughter and the latest gossip. Served with finger-licking snacks. And you have the I Clemenceau's recipe for a sensational great time. Bappy Hours: 6 8 pm. t M Opening Hours: Sun Thurs (11am midnight) t 'X
      73 words
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      18 3 Pen and Inkwell. T pen can personolty engraved Monlbianc Boutiques Authorised Dealers worldwide MONTBLANC BOUTIQUES Singapore: Nge« Ann
      18 words
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      193 3 VIETNAM IN ASEAN 1-D«y Seminar Organised by: Saigon Consulting Group (A dhfMw of I rif« Bullae- Coqwrntwi Pte Lid) VIETNAM'S Mr. David H.D. Tniong, Snr Partner, Vietnam Investment Advisory Service, Adviser, Saigon Consulting Group legal ramrmnw for doing business in VIETNAM Dr. Tran Du Lich; Attorney at Law HCMC Bar
      193 words
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  • SOUTH-EAST ASIA
    • Article
      M'sia cell phone rivals offer discounts
      583 4  -  Fight for subscribers hots up as Telekom hints at new digital service From Ho Kay Tat in KUALA LUMPUR SOME of Malaysia's newest cellular phone operators have started to offer cash discounts as competition for subscribers heats up in an industry the government has
      583 words
    • Article
      Malaysian judiciary taken to task over shares controversy
      685 4  -  Bar Council expresses shock over comments by Court of Appeal, Federal Court in Ayer Molek Rubber case Fran Ho Kay Tat in KUALA LUMPUR A LEGAL wrangle over the ownership of a substantial block of shares in Ayer Molek Rubber Co Bhd
      685 words
    • Article
      Lock icon KL may squeeze credit further: economists
      308 4 Reuter KUALA LUMPUR Bank Negara's tightening of its monetary policy last week has sparked speculation that it may impose direct credit control measures in the months ahead, economists said yesterday. "Central bank officials hinted in the past that there would be more tightening in
      Reuter  -  308 words
    • Article
      Lock icon Viet foreign minister to visit US for business conference
      129 4 AFP HANOI Vietnamese Foreign Minister Nguyen Manh Cam is to travel to Washington in October for a business conference in the first such visit since Vietnam and the United States normalised relations. He will join seven other Vietnamese officials to discuss
      AFP  -  129 words
    • Article
      Lock icon Ramos seals US$1.7b Aussie, NZ deals
      87 4 AFP MANILA President Fidel Ramos has said he achieved all he had set out to do during his eight-day state visit to Australia and New Zealand, the presidential palace said here yesterday. A palace statement quoted Mr Ramos as saying in Darwin, Australia, during
      AFP  -  87 words
    • Article, Illustration
      Lock icon Thanks for the aid
      48 4 Reuter PHNOM PENH King Norodom Sihanouk presenting Japanese Foreign Minister Yohei Kono (left) with an ornate silver bowl at the Royal Palace here yesterday. Cambodia has been the leading recipient of aid from Japan with US$35O million (Sssoo million) being provided since 1991. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Bangkok to set up copyright court
      76 4 Beraama BANGKOK Thailand will establish a Court of Intellectual Property and International Trade for the first time, a government statement said here yesterday. The statement said that the cabinet has approved a draft bill on setting up of the special court at its weekly
      Beraama  -  76 words
    • Article
      Lock icon Manila urged to curb tax evasion
      76 4 Reuter MANILA The World Bank has urged the Philippines to curb tax evasion and pare the government's bloated bureaucracy to boost revenues, the presidential palace said on Sunday. The bank's vice-president for East Asia and the Pacific, Russell Cheetham, said in a letter to
      Reuter  -  76 words
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      150 4 A N A s c o N A W A L L E T 0 F D 1 S T I N C T I O N B Y O F F E R M For more than ISO years! Offermann has prided itself with THE HIGHEST STANDARDS OF QyALITY
      150 words
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      69 4 Dusit Rayavadee Resort Hotel Krabi Thailand CHIEF EXECUTIVE OFFICER MEETING PACKAGE Validity: Now till October 31,1995 Package (Twin Sharing): 551,500 nett per pax. Rouncl Trip Transfer from Phuket Airport The above package is applicable only with a ipinimum booking of 15 pax. For reservations enquiries, please call: Tisud International Pte
      69 words
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      58 5 r w u iiminnuni *&*&£&<£*, T&- -<■ ,;-.a?jgi—.:., .<• .;k^6l^^^Mifi'; sgg IHQ3I ®s: "tPRBS *'W I it.- .a—MMtoifek. ~I ii Hk. M ■Hk Wl W X, ■■pH| I H m m >q| 3ialHfe; f^4^ H f|j§ 11, i 59|^Hg&^3p^k v K^. 'SL ,3 hi I Ii"! liiiiliyiMMlM^i'i ii in '111
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Businessmen owe 20b yuan in taxes
        75 6 AFP BEIJING Tax arrears by Chinese enterprises hit 19.8 billion yuan (553.4 billion) at the end of July, prompting officials to call for greater efforts to meet annual revenue targets, a report said Monday. Defaulted payments have increased by 10 billion yuan since the
        AFP  -  75 words
      • Article
        Lock icon China attacks US Cold War thinking
        117 6 AP BEIJING China published a harsh attack yesterday on the US media for articles that it said were feeding a Cold War frenzy by wrongly depicting China as belligerent and dangerous. "We would like to advise those Americans with an antiChina mentality to give
        AP  -  117 words
      • Article
        Lock icon Taiwan's unemployment rate hits 1.9%
        79 6 AFP TAIPEI Taiwan's jobless rate hit 1.9 per cent in July, up 0.1 percentage point from the previous month, the Directorate General of Budget, Accounting and Statistics (DGBAS) said yesterday. Some 180,000 people were looking for a job in the month, the DGBAS said. A
        AFP  -  79 words
      • Article
        Lock icon China defends its family planning
        69 6 AFP BEIJING China yesterday released a white paper on family planning, saying "unacceptable" human rights criticism of its strict policy ignored the challenges posed by a population of 1.2 billion people. The paper was released by the State Council, and carried in excerpts by Xinhua
        AFP  -  69 words
    • Article
      Lock icon China speculative stock bubble linked to carmakers bursts
      328 6 Reuter SHANGHAI A speculative bubble on the Chinese stock markets, linked to the groundbreaking sale of shares in two Chinese vehicle makers to foreign vehicle companies, burst yesterday. Brokers said speculative trading was sparked by an announcement by Shanghai-listed Beijing Light Bus
      Reuter  -  328 words
    • Article
      Lock icon S'pore investments in Hebei hit US$252m
      331 6 The Straits Times BEIJING Singapore firms have invested about US$252 million (***** million) in 135 joint ventures in China's northern coastal province of Hebei, the province's governor Ye Liansong said yesterday. This makes Singapore the seventh largest foreign investor in the province of 63
      The Straits Times  -  331 words
    • Article
      President Ong told about Mongolia's tourism potential
      291 6  -  Frta Toh Hooi Ling in Manzhouli, Inner Mongolia THE Inner Mongolia Autonomous Region welcomes foreign investors to explore its investment potential, particularly in tourism, Singapore's President Ong Teng Cheong was told yesterday. At a meeting with the region's party secretary Liu Ming Zhu
      291 words
    • Article
      Lock icon Beijing publishes first standard loan rules to protect banks
      392 6 Reuter BEIJING China has published its first detailed standard rules on bank loans that aim to protect banks as bankruptcies increase and to help them become real commercial institutions rather than government lending bodies. The 82 articles were promulgated by the
      Reuter  -  392 words
    • Article, Illustration
      Lock icon Taiwan president announces bid for second term
      491 6 Stock market down 54 points Reuter Bloomberg Business News TAIPEI President Lee Teng-hui announced yesterday his intention to run for a second term in Taiwan's first direct presidential elections, drawing swift condemnation from stalwarts even within his ruling party. "After long and careful
      Reuter; Bloomberg Business News  -  491 words
    • Article
      Comfort to form bus services joint venture in Changsha
      246 6  -  By Christopher Tan SINGAPORE Comfort Group Ltd is planning to form its third transportation joint venture in China this time, to run buses in Changsha city, the capital of Hunan province in the south. Yesterday, the company's subsidiary, Comfort (China) Pte
      246 words
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      496 6 HHHiHB *1 IIKJT riYflj t~ fm mBHHHB l .fM kXr %oa "Jf LJ^m&mmgJL^ at Ashmore the heart of Australia's Gold Coast has been carefully designed to maximise the carefree and modern lifestyle. <V?B Located just minutes from Surfers' Paradise and alongside the Nerang River, you can enjoy the tranquillity of
      496 words
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  • ASIA
    • Article
      Lock icon Challenge for Aussie central bank
      474 7 Reserve Bank may have to balance economic activity with checking inflation Bloomberg Business News SYDNEY Economic growth in Australia might rebound in the next year, making "a challenging task" of balancing economic activity with containing inflation, the Reserve Bank of Australia said yesterday. In its
      Bloomberg Business News  -  474 words
    • Article
      Lock icon Japan plans drive to develop 4-gigabit chip: report
      257 7 Reuter TOKYO The Japanese government plans a research drive to develop a range of advanced electronics products, including four-gigabit memory chips about 1,000 times as powerful as current chips. The Ministry of International Trade and Industry (Miti) will seek funds to support
      Reuter  -  257 words
    • Article, Illustration
      Lock icon Looking at a gift horse
      86 7 AFP CANBERRA Australian Prime Minister Paul Keating (extreme left) with (from Ufti Hongkong billionaire TT Tsui and National Gallery director Betty Churcher admiring a t dynasty ceramic horse donated to the National Gallery of Australia in Canberra on luesday. Mr Tsui, the media, transport and
      AFP  -  86 words
    • Article
      Lock icon Canberra drops plan to sell AIDC stake: report
      221 7 Reuter SYDNEY The Australian government has abandoned its plan to sell its 80 per cent stake in investment bank AIDC Ltd. The Australian Financial Review newspaper yesterday said: "The federal government has abandoned the planned AS 180 million (SslBo million) sale of
      Reuter  -  221 words
    • Article
      M'sian buys A$2.4m Melbourne property
      93 7  -  -By Surinder Singh SYDNEY A Malaysian buyer who wants to keep his identity a secret has purchased a building in Melbourne, Victoria, for A 52.41 million (552.52 million). Victorian property agents Jones Lang Wootton confirmed to Business Times on Tuesday that the building, at 228
      93 words
    • Article
      Lock icon China may try activist Wu soon
      103 7 AFP WASHINGTON Beijing may try Chinese-American human rights activist Harry Wu and resolve his case, possibly opening the way for American First Lady Hillary Clinton to go to a women's conference there, an administration source said. White House spokesman Michael McCurry said on Tuesday
      AFP  -  103 words
    • Article
      Lock icon Rival Kims meet in Seoul
      66 7 UPI SEOUL A government spokesman said yesterday President Kim Young Sam and his life-long political rival Kim Dae Jung have met for the first time since they competed for the presidency in the 1992 election. The meeting at the presidential mansion was attended by 23
      UPI  -  66 words
    • Article
      Lock icon India sees better credit availability
      60 7 Reuter NEW DELHI Rising bank deposits over the past four weeks augur well for increased credit availability to Indian industry, a top Indian industry body said. About 57 billion rupees (552.4 billion) have been added to bank deposits, substantially increasing funds available for lending to
      Reuter  -  60 words
    • Article
      Lock icon Lankan privatisation drive catches foreigners' attention
      238 7 Reuter COLOMBO Sri Lanka's much vaunted privatisation programme has suffered delays and some of it may be poorly timed, but as far as foreign investors are concerned, the government is making all the right signals. "Anticipation of privatisations is one of the major attractions
      Reuter  -  238 words
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      152 7 BBIIWnTTT''ipibfTTMMBIIwHii i i dMUMBBfir' f am, tgtiHQPg 1 jH ■fat,- -firiHr- iM ';4siHKr• v; ;< Bapl"' iPplpfk Baslli' v P -^B t s Xy Va. -3f i B|^\ B L B Bk IF JH Ti M jWII B m -JM I B |L JB w SI !^H 7 f J
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  • FOCUS
    • Article, Illustration
      Fears of wider fallout over financing imbroglio
      1222 8  -  Probe into Garuda deal From Leslie Lopez in JAKARTA INDONESIA'S national airline Garuda is an unlikely belle for a bankers' ball. Debtridden and sluggish, the airline company has been beset by slow traffic growth and loss-making routes. But over the last year, international
      1,222 words
  • Page 8 Advertisements
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      281 8 Profit from MelM's winning formula: a prime location plus an elite executive Uallii C, ,J/, floor with multiple benefits lHat make out-station business a pleasure. mCIIQ SCOTTS H*Ud HoMts Melii at Scotts, 45 Scotts Road, Singapore 0922. Teh *****85 Fax: *****32 ANDORRA BRAZIL COLOMBIA COSTA MCA CUBA DOMINICAN REPUBLIC GERMANY
      281 words
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      300 9 U084V96 v (i&*d|Fl"{2|B&^^GyMHpßß^Ev^Hß#H9fr HKrrrrr t» •>- t **££3im» ill■■■Siiii i I We give you the ability to trade on every bourse in the region. Where you go from there is up to you. s. j The opportunities in the PRIVILEGE BANKING. and effectively available to you. regional stocjt markets hold
      300 words
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      1356 10 i l; i'/n 1141 -iwhere to wine, dine and entertain WOULD S LARGEST SELLING B€E« r HWi MCC* fOiP WmWCHtDn iKSv xe at V9 l,ifHW, Ellft\ MBH io% iff fw wik fifMit 1 S* ilf fcr «nAt ptfßMf J I dU ii ill full fmu vSkA\jrJy Just spend $500 and
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      273 10 Heavenly Mooncakes at Mandarin Singapore From 6th August till 9th September Savour this year's divine creation, the Shandong Mooncake. Traditional favourites like our famous Golden Ingots, snow skin mooncake and 7 stars with white lotus paste are also available. Win lots of valuable prizes in our Grand Lucky Draw, too.
      273 words
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  • LIFESTYLE
    • Article, Illustration
      Hot legs but no passion
      665 11  -  He trotted out the hits but did Rod Stewart enjoy himself at his concert?, asks Susan Tsang Susan Tsang COULD I have aged faster than Rod Stewart? My mind wandered off after A Night On The Town in 1976, but his concert on Tuesday showed
      665 words
    • Article, Illustration
      Lock icon A dressing down for brazen jean teens
      48 11 Keuter NEW YORK A New York City bus displaying a controversial advertisement for Calvin Klein's jeans involving partially clothed teenagers. A conservative Christian group threatened to picket Calvin Klein retailers over the ad campaign, which the group branded child pornography. Reuter
      Keuter  -  48 words
    • Article
      Lock icon A trill from the Mockingbird
      457 11  -  Harper Lee's novel is being re-issued with a surprising foreward, says Mary Tabor Mary Tabor NYT FOR millions of American readers who have loved To Kill a Mockingbird, the prospect of a few more words from Harper Lee, its silent and mysterious author, is thrilling.
      NYT  -  457 words
    • Article
      Lock icon Red director Kieslowski suffers heart attack
      320 11 Reuter AP AP AWARD-WINNING Polish film-maker Krzysztof Kieslowski, nominated this year for an Oscar for directing Red, is recovering from a heart attack, a source close to the director said on Tuesday in Warsaw. "This was a heart attack and Kieslowski was unconscious for
      Reuter; AP  -  320 words
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      55 11 ———-V——-...—.___ c V\SvtfL s\/Ce. *ZTo THREE STOP Mon Wed 1 Thu Sat Sat A 1422 A 1404* A 1426 Al4lo* A 1428 Del 1225 0450 0955 1005 1025 Sin 2030 1515 1800 2020 1830 A 1423 A 1405 A 1427 AI4II A 1429 Sin 2150 2150 1935 2140 1950 Del
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1024 11 W»d Swam: Jung Chang, 10pm, Ck 12 In China, Jung Chang's epic account of three generations of 0-. Wf] women living through the rise -Jk a of modern China has been L 4 banned. This documentary re- •-_> A Rfl creates the beginnings of the V book, when the author's
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  • Article
    Continuing China-Taiwan tensions
    459 12 TAIWAN'S ruling party, Kuomintang, opened its 14th national congress on Tuesday in the shadow of a second round of Chinese missile and naval-air manoeuvres north of the island. President Lee Tenghui, who triggered the current tension with his US visit in June, announced yesterday that he will
    459 words
  • Article
    Bangkok must be untangled
    374 12 THAJ KING BhumiboTs criticism of his government for its handling of Bangkok's traffic woes should concentrate minds on what is nothing less than a national crisis. Last week, the monarch complained that while officials kept talking, foreign investment and tourism were being affected. Particularly galling was
    374 words
  • Article
    Meeting needs and aspirations
    122 12 IT IS natural for everybody to aspire to a better life. But the road is not smooth, especially for a small country like Singapore which is on the verge of becoming a developed country. Singapore has proved that it can face the challenges by being creative
    122 words
  • Article
    Warning to Saddam
    176 12 INTERNAL conflict in the Saddam Hussein government in Baghdad has given the US a chance to display its military strength in the Middle East and has given the Clinton government an opportunity to put up a one-man show. However, the US faces a dilemma in its Middle
    176 words
  • Article
    Looking ahead
    127 12 PRESIDENT SUHARTO, in his annual National Day address, likes to cite not only economic but also social indicators in relation to the people's welfare. Human development, in the broadest sense, requires not only large investments in education and health, but also the achievement of a more equitable distribution
    127 words
  • Article
    Information gap
    170 12 THAT DEVELOPING countries have been doing their bit to improve their own lot has been quite obvious of late. Ever since the Group of Fifteen (G-1S) countries met in Kuala Lumpur in 1990, such efforts have been more streamlined. Now, there is an old problem: the reluctance to
    170 words
  • Article
    Rukun Tetangga's future
    124 12 TWENTY years after the launching of the Rukun Tetangga its tenacity to withstand the test of time and purpose is admirable. Its ability to survive near-death experiences numerous times largely by assuming cha-meleon-like roles to suit the country's needs has been instrumental in the continuance of its
    124 words
  • Article, Illustration
    Maori making white man pay for past injustices
    1300 12  -  Property investors may be walking into nightmare of claims, reports Mike Simms Mike Simms WHEN Robert Buchanan won NZ$4 million (553.6 million) in the New Zealand state lottery two years ago, he went looking for his dream property, somewhere he could retreat
    1,300 words
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      45 12 "Quality Is only equalled by LIGHJ»vL M u: 235 7361 hte So* OapL Sim •(M M IbdM (kM MMMni J) lC*loA^%m,M^*lkm^diWGmmm W^fcdkcST^ An I Gfav. Mm ACT In* Sk* Ml bob SIC Qav Mafr hq fcb Co CM hii>|i l/Mili> li IE: 552 233 6U1552V23
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      89 12 useo DftrtK f\ 1 i -weac v>jpvs i T >KW W\ve DONC e»T 6oT I U>RS ME.MQ? 6c*f n THe.C*MT«iJ Bur 7 Z^Tssu| t<Man»o ucqhg ft) se i druwk oj TWe I wmw-we Meu..i.iT una ffcgfiwi FROM THE y sglf FIGURES fegßy Y j I IsflU. cwr ir... I IwoKwfi....
      89 words
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  • THE LAW PAGE
    • Article, Illustration
      Aussie High Court rules on minority acquisition
      961 13  -  Judgement decides majority shareholders can acquire minority shares only for proper and fair purposes, writes Selva Kumar Selva Kumar The writer is a Sydney-based freelance writer 1 RADITIONALLY, English courts have held that a compaI ny's majority share~ML. holders could re/w solve to
      961 words
    • Article, Illustration
      Law Society of Singapore proposing fund to buy own premises
      164 13 atthe baß- THE Law Society of Singapore may have its own premises in the near future, if a proposal by its Premises Committee is approved at its next annual general meeting in late October. The committee has recommended the setting
      164 words
    • Article
      Seminar on criminal law
      118 13 IN AN attempt to attract more lawyers to take up the practice of criminal law, the Criminal Practice Committee of the Law Society is organising a seminar on Court-Craft in Criminal Advocacy. The three-day seminar, which will also commemorate the 10th anniversary of the Criminal Legal
      118 words
    • Article
      Slaughter & May to open office here
      167 13  - Slaughter May to open office here By Conrad Raj YET another foreign law firm has found it necessary to establish an office in Singapore this time the English firm of Slaughter May. The firm is expected to open its office next month and, according to a press statement, is being
      167 words
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      Page 13 Advertisements Column 1
      18 13 To crack the safe orJenter Mrs Wizard's crystal ball, Tele-Games on 1900-911-0003, at 3 v cents a minute.
      18 words
    • Advertisement
      Page 13 Advertisements Column 2
      837 13 m Singapore I I Technologies I Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL I CORPORATION LTD I (Incorporated in the Republic of Singapore) Hi The Board of Director* of Singapore Technologies Industrial Corporation Lid is pleaeed to announce the following unaudited results of the Group and Company lor the half yaar ended 30
      837 words
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  • Article
    Lock icon US budget deficit could triple by 2005
    578 14 Budget office study urges Congress to curtail spending drastically AFP Reuter WASHINGTON The US budget deficit, expected to hit its lowest level in six years next month, could almost triple over the next decade, according to a study released on Tuesday by the
    AFP; Reuter  -  578 words
  • Article
    Lock icon Rise in newsprint prices set to roll on: NZ's Fletcher chief
    414 14 Reuter AUCKLAND The current rise in world pulp and newsprint prices may be as sustained as the recently ended four-year decline, Fletcher Challenge Ltd chief executive Hugh Fletcher said. This cycle has really only just got under way," hie
    Reuter  -  414 words
  • Article, Illustration
    Lock icon Battle ready
    59 14 TOKYO Japanese Trade Minister Ryutaro Hashimoto preparing a bamboo sword yesterday. The sword is to be nsed in kendo the traditional Japanese art of fencing. Mr Hashimoto is said to be leading in the contest for presidency of the Liberal Democratic Party against incumbent Foreign Minister Yohei Kono.
    Reuter  -  59 words
  • Article
    Lock icon German move fuels hope for cut in key rate
    218 14 UPI Bloomberg Business News BONN The German Bundesbank cut its repo rate for commercial bank refinancing for the second time in less than a month yesterday, raising market hopes of an early cut in the key discount and Lombard interest rates,
    UPI; Bloomberg Business News  -  218 words
  • Article
    Lock icon Hagemeyer to focus on Asia after its takeover of Borsumij
    312 14 Reuter AMSTERDAM Dutch trading company Hagemeyer NV said it will step up its investments and acquisitions in Asia and North America after it announced plans to take over rival Borsumij Wehry NV. "With the takeover of Borsumij emphasis of the
    Reuter  -  312 words
  • Article
    Lock icon IBM to cut prices of some PCs by up to 26%
    93 14 Bloomberg Business News ARMONK, New York International Business Machines Corp yesterday said it would cut prices of some of its personal computers aimed at the corporate market by as much as 26 per cent. The price cuts, which come
    Bloomberg Business News  -  93 words
  • Article
    Lock icon It was Just US$8m
    113 14 Reuter LAGOS Reports that customs men at Lagos airport may have foiled one of the crimes of the century by seizing US$BOO million (S$ 1.13 billion) as it was being spirited out of Nigeria were exaggerated, Nigeria's Central Bank said yesterday. "The figure of US$BOO million
    Reuter  -  113 words
  • Article
    Lock icon Lloyds denies sale
    87 14 Bloomberg Business News LONDON Lloyds Bank pic yesterday denied that the banks that own the once-bank-rupt Canary Wharf have agreed to sell the London office development to a group led by Paul Reichmann. The Wall Street Journal Europe, following a similar report in the Sunday Times of
    Bloomberg Business News  -  87 words
  • Article
    Lock icon Kodak cuts prices in Japan
    84 14 AP TOKYO America's leading maker of photographic film, embroiled in a bitter dispute with its Japanese counterpart, will sell film in Japan at about half its current price, the load subsidiary of US-based Eastman Kodak Co said yesterday. Starting next month, three kinds of Kodak
    AP  -  84 words
  • Article
    Lock icon Iraq's nuke revelations
    81 14 Reuter AMMAN Iraq revealed it had built missile warheads before the Gulf War that could have rained down deadly bacteria and toxins prepared in a secret biological warfare programme, a senior UN official said yesterday. Rolf Ekeus, in chaige of eliminating Iraq's weapons of mass destruction, told
    Reuter  -  81 words
  • Article
    Lock icon Harmony train
    70 14 Reuter BONN A train sponsored by the German federal and state governments set out yesterday on a 45-city national tour to encourage tolerance towards foreigners and counter neoNazi propaganda, the interior ministry said. The train will contain an exhibition of posters, stickers and books as well as computer
    Reuter  -  70 words
  • Article, Illustration
    The dollar's climb will be a plus for Asia
    929 14  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor WITH the US dollar now hovering around its highest level in six months against the yen and holding up well, it's probably safe to say that the
    929 words
  • Article
    Lock icon Leeson to file appeal against extradition tomorrow
    278 14 NYT FRANKFURT The defence attorney for jailed former Barings trader Nick Leeson will file an appeal tomorrow attempting to block Leeson's extradition to Singapore on charges of fraudulent derivatives trading. "Yes, the appeal will be filed Friday," said Eberhard Kempf yesterday. ''Our strategy
    NYT  -  278 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      76 14 For stories, quizzes songs, call Children's Rutland on 1900-910-0001 at 30 cents a minute. tQ7 Christofle Paris Pavilion (Jnristofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Orchard Road, Singapore 0923. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore 0923. Isetaa Scott* Level 4,350 Orchard
      76 words
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      Page 14 Advertisements Column 2
      50 14 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute. m, v mmm £JIF9 mm' |Ta£lfl IJ I JSB JJr^'J REGENT HEALTH SPA 78, SHENTON WAY ftOI-OIA 81-01, SINGAPORE 0207 TEL: *****68 (5 LINES) BUSINESS HOURS: 10.30 am TO 11.QQ pm
      50 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 15 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance, Barings, Credit Lyonnais Securities. Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co, Nomura, Phillip, Smith New Court, WI Can and SG
        51 words
      • Article, Illustration
        HOT STOCK
        90 15  -  By Paul Leo TAKE profit on Fan Pacific Public Co. Its surge in price to $1.09 yesterday from a low of 45 cents in early July is poised for a correction back to 73 cents. Both Relative Strength Indices and stochastics are highly overbought while the daily Moving
        90 words
    • Article
      Indon businesswoman Endang now buying properties
      382 15  -  By Lee Han Shih SINGAPORE Indonesian corporate figure Endang Utari Mokodompit, an enthusiastic buyer of Singapore listed companies, is making another major purchase. But this time the 48-year-old businesswoman, who already has large stakes in Guthrie GTS, L&M Group Investments and Auric Pacific, is
      382 words
    • Article
      CityDev net profit soars 168% on back of strong condo sales
      415 15  -  By Lee Han Shih SINGAPORE Listed City Developments Ltd yesterday declared a 168 per cent jump in interim net earnings and said it believed residential property prices would be maintained this year. The giant property arm of the Hong
      415 words
    • Article
      Lock icon Mayne Nickless outbids Parkway for AME
      374 15 Group offers Asl63m for all the shares of Tenet's Aussie unit NYT SYDNEY Diversified Australian transport and health care company Mayne Nickless Ltd has outbid Singapore's Parkway Holdings Ltd in the sale of US-based Tenet Healthcare Corp's 53 per cent stake in Australian Medical
      NYT  -  374 words
    • Article
      Amcol in the dark over sharp rise in share price
      282 15 SINGAPORE Listed property and trading group Amcol Holdings Ltd is unaware of any reason for the sharp increase in its share price and turnover. Amcol gave this reply yesterday in response to the Stock Exchange of Singapore's query earlier in
      282 words
    • Article
      Bad press and some Ming Pao puzzles
      818 15  -  HOCK LOCK SIEW -By Quak Hiang Whai HONGKONG If there were any lessons to be learnt from events in the past two weeks, it was that one should never run away from the public especially the press when one has questionable loans. It
      818 words
    • Article
      Stic interim earnings soar 46% to $25.3m
      308 15  -  By Genevieve Cua SINGAPORE Singapore Technologies Industrial Corp (Stic) yesterday unveiled a strong set of interim results, driven by a surge in its core businesses and earnings from associated companies. Net earnings rose 46 per cent to $25.39 million, on the back of
      308 words
    • COMPANIES
      • Article
        Lock icon YHS (M) doubles pre-tax
        57 16 Bemama KUALA LUMPUR Yeo Hiap Seng (M) Bhd's pre-tax profit doubled to M$ 19.24 million (S$ 10.9 million) for the six months to June 30, 1995, against M 59.53 million in the previous halfyear. Turnover was up 16 per cent to M 5214.95 million from M$
        Bemama  -  57 words
      • Article
        Hwa Hong sells Dragon stake
        56 16 SINGAPORE Hwa Hong Corporation said yesterday it sold off its entire 19.2 per cent stake in Dragon Properties Asia for U*****,600 (551.27 million), resulting in an extraordinary gain of U*****,885. Hwa Hong had invested in Dragon to develop a commercial and residential project in Hanoi,
        56 words
      • Article
        Corrections and clarifications
        48 16 IN a report yesterday on CWTs results, we erred in saying that CWT warrants 1997 ended two cents higher at $1.52. There are, in fact, no CWT warrants 1997. The warrants that rose two cents were CPL warrants 1997. We are sorry for the error.
        48 words
      • Article
        Untitled
        528 16 MaaagW?' print Aug 24 Mcndaki Gr Fund 1.03 |m US Gr Fund I.I I 1.15 The Cm—cw 1.55 1.64 U0B Asset Mgt Ltd The Savings Fund 1.50 1.39 Unifund 1.42 1.49 S'pore Prog Fund 0.62 0.66 Unibond f 1.06 1.085 S'pore Sec Fund 0.91 0.97*d United Gr Fund! 1.57 1.64
        528 words
      • Article
        Computer maker ACI likely to launch IPO next week
        415 16  -  By David Mok SINGAPORE Acer Computer International is expected to launch an initial public offer of 42 million new shares on Monday. A source close to the company said its 29.2 million placement shares had been fully taken up. The price
        415 words
      • Article
        Inno-Pac ups stake in Tianjin poultry venture
        292 16 SINGAPORE Listed food and paper company In no-Pa-cific Holdings Ltd has increased its stake in the group's Tianjin poultry operations from 51.41 per cent to 65.29 per cent at a cost of M 57.04 million (553.99 million). Inno-Pac announced yesterday it had acquired
        292 words
      • Article
        ST Computer Systems interim profit up 10.4%
        174 16 SINGAPORE ST Computer Systems and Services reported yesterday that its interim net earnings rose 10.47 per cent to $2.83 million on a 22.7 per cent increase in turnover to $137.3 million due to higher sales by subsidiaries for the period ended June 30.
        174 words
      • Article
        STA in tie-up with Jakarta transport operator
        148 16 SINGAPORE Singapore Technologies Automotive Ltd (STA), a listed unit of the Singapore Technologies group, yesterday entered into a US$5 million (Ss7.l million) venture with an Indonesian concern to refurbish and service taxis and buses in Jakarta. Its partner, PT Steady Safe, a company
        148 words
      • Article
        UOL interim earnings up 35%
        375 16  -  By Agnes Wee SINGAPORE United Overseas Land's (UOL) interim group net earnings rose 35 per cent to $25.9 million for the six months ended June 30 1995. Group turnover rose to $109 million from $82 million last year, following the recent hotel acquisitions in Sydney
        375 words
      • Article
        Tuan Sing says unit in talks for stake in electronics firm
        165 16 SINGAPORE Tuan Sing Holdings said last night a subsidiary was negotiating to buy a majority stake in a Singapore company involved in electron-ics-related manufacturing. But details will not be released until the deal is tied up. Replying to a
        165 words
    • WINDOWS '95
      • Article
        Branded PC makers set to gain market share
        481 17  -  Ability to source scarce DRAM chips needed to run Windows 95 optimally will give them an edge By Claire Leow THE mega-launch today of Microsoft's new operating system, Windows 95, is poised to stretch branded personal computers' lead in the worldwide market.
        481 words
      • Article
        Lock icon Pirated copies launched in Hongkong months ago
        137 17 AFP HONGKONG Shops here started selling pirated versions of Microsoft Corp's Windows 95 months ahead of the program's much-hyped official launch today, sources here said yesterday, as the firm vowed to crack down vigorously on copyright abuse. Illegal copies of the new operating
        AFP  -  137 words
      • Article, Illustration
        Lock icon Wheel of fortune
        45 17 AFP SEOUL Park Heung-Keun, Windows product manager of Microsoft here, displaying a Windows 95 CD-ROM as the outlet gears up for the first sales in South Korea of the long-awaited product today. Mr Park said of his customers: "They are waiting."' AFP
        AFP  -  45 words
      • Article, Illustration
        Lock icon Bill Gates: I'll be logged on for another 20 years
        197 17 Reuter LOS ANGELES Microsoft Corp chairman and chief executive officer Bill Gates is not planning to step down from his post as one of the most powerful men in the computer industry any time soon. In an interview on Cable
        Reuter  -  197 words
      • Article
        Lock icon IBM and Apple plan to tag along on Microsoft's coat-tails
        247 17 Bloomberg Business News NEW YORK Nobody remembers who finished second or, in the personal computer industry, who used to be first. International Business Machines Corp and Apple Computer Inc, personal computer pioneers, are jockeying to share a sliver of the
        Bloomberg Business News  -  247 words
      • Article
        4MB PCs will become obsolete
        318 17  -  Byi Claire Leow SINGAPORE Today's launch of Windows 95, Microsoft's long-anticipated operating system for personal computers, will lead to a major obsolescence of both hardware and software for the first time, said Californian research firm Dataquest Inc yesterday. Dataquest expects 30 million copies of Win9s
        318 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Foreign banks in Australia expect strong growth: survey
        508 18 Reuter 'SYDNEY The foreign bank sector in Australia has entered a phase of growth and optimism after a period of downsizing, says accounting and > consultancy firm Price Waterf bouse. "> Quoting a recent survey of sector members, the firm says ';that
        Reuter  -  508 words
      • Article
        Lock icon Indonesia against Brazil plan to boost cocoa prices
        344 18 Reuter JAKARTA Indonesia yesr terday opposed a Brazilian pro--1 posal for a cocoa retention scheme aimed at bolstering HPflces, saying it could backfire if buyers switched to cheaper substitutes. But Malaysia said it would ■Support any concerted move to check excessive supplies
        Reuter  -  344 words
      • Article
        Lock icon Taiwan may ease foreign bank rules
        58 18 Knight Ridder TAIPEI Taiwan's Bureau of Monetary Affairs plans to ease regulations on opening branches by foreign banks here and increase the amount of commercial paper foreign banks are allowed to issue, a finance ministry official said yesterday. Media reports said it plans to
        Knight Ridder  -  58 words
      • Article
        Lock icon Japan fund cutting down on bonds
        70 18 Reuter TOKYO Japan's Postal Life Insurance Bureau (Kampo), a giant public fund, remains cautious about foreign bond investment and has no immediate plans for fresh investment, a Kampo official said. Although he did not clarify whether that meant Kampo has been refraining from investing
        Reuter  -  70 words
      • Article
        Unggul Indah raises US$120m
        90 18 SINGAPORE The biggest Asian producer of alkylbenzene, a chemical for making detergent, yesterday signed a deal here to raise US$l2O million (ssl7l million) in the Asian dollar market. The five-year syndicated loan for Indonesia's Unggul Indah Corporation is its largest fund-raising exercise in the international capital
        90 words
      • Article
        Lock icon Stanchart cuts HK mortgage rates
        54 18 Bloomberg Business News HONGKQ&ifMiiStandard Chartered pic cut some home mortgage rates by arquaiter percentage point on Tuesday, continuing a spate of reductions by banks eager for business in the territory. The bank will offer a quarter point off rates for all new mortgage customers, effective
        Bloomberg Business News  -  54 words
      • Article
        Lock icon Top Viet bank to open foreign office
        36 18 Reuter HANOI Vietnam's state-owned commercial bank, the Bank for Foreign Trade of Vietnam, plans to open its first overseas office in Paris in October, an official said yesterday. Reuter
        Reuter  -  36 words
      • Article
        Wing Lung lifts interim earnings by 12%
        346 18  -  From Quak Hiang Whai in HONGKONG A MORE prudent lending policy, rising costs of funds and declining stock brokerage income resulted in a moderate interim earnings growth of 11.9 per cent for Hongkonglisted Wing Lung Bank. Wing Lung in which Singapore's DBS Bank
        346 words
      • Article
        Lock icon Cost-cutting shelters North Sea oil producers from low price
        296 18 ENERGY REPORT Reuter LONDON North Sea oil producers have cut costs so much that they are immune from all but a reckless offensive by Opec producers to increase market share, analysts said yesterday. World oil prices have barely recovered from an
        Reuter  -  296 words
      • Article
        Lock icon LONDON
        190 18 Reuter LONDON The dollar dug in its heels below resistance in early Europe after stumbling from overnight highs, as the market looked expectantly to Germany for credit easing Comments by Bundesbank president Hans Tietmeyer had combined with Tuesday's surprise M 3 contraction to stoke market speculation that German rates
        Reuter  -  190 words
      • Article
        Lock icon NEW YORK
        87 18 AFP NEW YORK The dollar edged lower against other major currencies in quiet opening trading yesterday as profit-tak-ing killed off the expected strengthening effect from the Bundesbank's lower repo rate. At 1400 GMT, the greenback was trading at 1.4790 mark from Tuesday's rate of 1.4872 and at 96.28
        AFP  -  87 words
      • Article, Illustration
        Untitled
        1181 18 Trade-wetgkted index adndMrd ogaina Spore s top 14 trading partners Bmjmr MS IIS$/S$ toward rates Noon Aug 23 SK BM Otfcr 1-month 1.419) 1.4210 2-month ***** 1.4176 3-month I.4I2S 1.4143 6-morth 1.4030 40)0 Sown: OCWC Source: OCBC FOREIGN CURRENCY NOTE RATES As at Smi m Aag 23 Singapore dollare to
        1,181 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen higher on talk of BOJ rate cut
        1363 19 Reuter SINGAPORE Simex Euroyen futures ended higher on speculation of a rate cut by the Bank of Japan. Euroyen saw choppy trade through the day and moved higher after breaking key resistance levels. "The speculation is that the BOJ would cut rates
        Reuter  -  1,363 words
      • Article
        KL rubber firms up on low supply
        678 19 COMMODITY REPORTS KUOMf KUALA LUMPUR: Rubber prices closed firmer, extending Tuesday's gains on low supply, further interest by the Chinese and expectation of fresh demand from Europe. The market was also aided by a firmer Tokyo close which was boosted by expectation of
        678 words
      • Article
        Pasminco targets Asian zinc market
        54 19 SYDNEY Australia's Pasminco Ltd aims to redirect approximately 50,000 tonnes of zinc produced at its Budelco smelter in the Netherlands away from Europe into Asian markets. The shift would follow the expiration of long-term supply commitments to Europe linked to Budelco's former 50 per cent
        54 words
      • Article
        EU to decide on Spain grain imports
        65 19 LONDON The EU grains management com mi ttoday will adjudicate tenders for the import of 700,000 tonnes of maize and 120,000 tonnes of sorghum into Spain at a reduced levy. These imports are part of long-standing arrangements agreed to compensate producers and exporters
        65 words
      • Article
        Bunker fuel oil prices seen flat
        59 19 SINGAPORE Bunker fuel oil prices are not seen rising, said bunker traders in Asia, despite the one-week-old nude rally. An attempted recovery in bunker fuel oil prices here has petered out, which could drag down prices in other markets such as Hongkong. The outlook
        59 words
      • Article
        Indian mills want more sugar exports
        55 19 NEW DELHI Indian sugar mills have requested the government to release more quotas soon for the export of domestic white sugar. These quotas will help the mills take advantage of current overseas sugar prices before they fall in October, as well as to get
        55 words
      • Article
        Weak Japan beef prices hit Aussies
        70 19 ?XPNEY A sharp drop in the price paid for chilled shortfed Australian beef to Japan since May will cut Australia's cattle-on-feed numbers by the end of 1995, sources in Australia's grainfed beef industry say. According to Jack Mulherin, exporter and Queensland state chairman of
        70 words
    • Article
      COMMODITY PRICES
      1412 19 SICOM Futures (flhrw d—It m at 5.39m) ESS I C—tract (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 95 197 00 195.00 195 00 950 900 Oct 197.00 192.00 192.50 1100 1450 Nov 197.00 192.00 192.50 600 1475 Dec 197.00 192.00 192.50 1500 1125 Jan/Mar
      1,412 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        947 20 -2.7 Shares closed weaker yesterday under the influence of a plunge in News Corp share prices, which brokers blamed on a low-er-than-expected proFit result the previous day. "Down 2.7 points at the end wasn't a bad finish considering the volatility during the week and the fact that News Corp
        947 words
      • Article
        Taipei
        387 20 -53.84 Share prices Finished lower amid concerns over the island's political front, with all eight major categories of shares posting losses across the board. "Some investors were worried about a split within the ruling Kuomintang while the party is tipped to nominate President Lee Teng-hui to run for the
        387 words
      • Article
        Manila
        580 20 •13.38 Share prices closed lower as investors settled down to wait for the release later this month of the country's interim gross national product performance. "There was a lack of buying sentiment," an analyst said. "I think only the GNP report could inspire the market." The PSE Composite Index
        580 words
      • Article
        New Zealand
        315 20 +4.33 Stocks rose for a second day as a bond market rally made the returns on shares in Telecom Corp of New Zealand look increasingly attractive to investors, traders said. "There's been a small rally in the long bonds, which moved Telecom," said a broker. The NZSE-40 Capital
        315 words
      • Article
        Seoul
        397 20 +8.02 Stock prices closed higher with manufacturing blue chips leading the rally. "The overall mood was revitalised on the back of abundant funds and rosy prospects for the market," said a broker. The Composite Price Index surged 8.02 points to 925.81. Turnover was 39.78 million shares valued at 925.81
        397 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        555 20 Britannia Funds SMh| CM Mi Otter Mia Cap Drat *****0 M 6500 Mia Jcncy Git 0 IS93 ai«92 MaMulnw 0.9300 a *700 USS Cmk Incomc PW Fund *9.7100 *10 2300 PS S Racrvc Fund S.5400 3.5SOO a«9j» Fir Eat Fad *2.7650 *1*710 Mas Portfabo 10*00 ***** UK Craoth Fiad *****
        555 words
      • Article
        London
        716 20 -14.3 UK SHARES feU, led lower by BAT Industries and Glaxo Wellcome as the dollar and US markets slipped. The absence of any new corporate takeover activity contributed to market malaise, as did bonds, which gave up earlier pins before the Bundesbank meets today. "The market reversed itself after
        716 words
      • Article
        Parts
        102 20 -5.94 French shares ended lower, pressured by weaker bond prices and selling ahead of the monthly settlement today, dealers said. The CAC-40 Index closed down 5.94 points at 1,957.42. Of the CAC-40 stocks, 18 ended higher, 20 lower and two were unchanged. Volume was 3.36 billion francs. Paris Ah
        102 words
      • Article
        Frankfurt
        163 20 +4.56 German shares close slightly higher as the market awaited today's Bundesbank council meeting. Market expectations were rising for a discount rate cut from the current level of 4 per cent. Dealers said shares were also poised for run soon towards the all-time record high of 2,284.56. The DAX
        163 words
      • Article
        Brussels
        195 20 -2.45 Belgian stocks fell, after rising for four days when the dollar fell back from a sixmonth high. "The dollar's fall put pressure on the market," said an analyst. "Given that volume was pretty light, it didn't take much to move the market." The Bel2o Index fell 2.45 points
        195 words
      • Article
        Amsterdam
        242 20 •0.46 Dutch stocks closed mixed after a dip in the dollar erased early morning gains, and threatened earnings prospects for exporters. The EOE Index closed 0.46 points lower at 463.58, after reaching an all-time high of 465.86. Among the 25 index stocks, 11 fell, 13 rose and one closed
        242 words
      • Article
        Stockholm
        111 20 1.95 Swedish stocks closed the day mixed with drug company Pharmacia AB leading the way ahead. Pharmacia rose 10 kronor to 202.5. The OMX Index of 30 top stocks was up 1.95 points to 1,384.3. Eight stocks rose, four were unchanged and 18 were lower. Among major stocks reporting
        111 words
      • Article
        Zurich
        218 20 •4.0 Swiss stocks closed lower, declining from a 17-month high, as shares of exporting companies pared gains after the dollar fell against the Swiss franc. Banking shares like Swiss Bank Corp, which posted the biggest decline in the 21-stock SMI Index and lost 1.2 per cent, also pulled down
        218 words
      • Article
        Milan
        151 20 -137 Italian shares were marked down in a late bout of selling prompted partly by hedging activity as domestic investors switched from the cash market into futures after early afternoon sell orders came in from overseas. The Mibtel Index finished 0.75 per cent lower at 10,470 while the blue
        151 words
      • Article
        Johannesburg
        330 20 -7.4 South African shares ended generally weaker as key fundamentals undermined recovery efforts in slow trade. Gold shares led the decline on the back of another slip in the bullion price, but support was likely to appear for key stocks in the short term. A trader said industrials had
        330 words
      • Article
        Toronto
        207 20 +7.2 Stocks opened slightly higher in quiet trading and were seen being flat as strength in the bank sector was offset by weakness in other groups, analysts said. The TSE 300 rose 7.2 points to 4,608.9 on volume of 19.3 million shares with a value of C 5236 million.
        207 words
      • Article
        Now York
        611 20 •13.74 Stock prices turned moderately lower in quiet trading on bouts of profit taking as a lack of impetus allowed the market to continue consolidating its recent gains. The Dow Jones Industrial Average, which edged up 5.64 points on Tuesday, was down 13.74 to 4,606.68 at 1 lam
        611 words
    • Article, Illustration
      Lock icon HONGKONG
      2453 21 Bloomberg Business News HONGKONG Stocks posted their biggest gains in seven weeks amid optimism six-month earnings from Cheung Kong today will bode well for other property companies. Led by Cheung Kong and other real-estate stocks, the main index rose 2.08 per cent to its highest level since Aug 10.
      Bloomberg Business News; Source: Bridge Info  -  2,453 words
    • Article, Illustration
      Lock icon CHINA
      601 21 CLSA IN Hongkong, the H share index gained 5.67 points to 1,084.42 on turnover of HKSII.S million. The disappointing results seen so far this season have prompted investors to stay on the sidelines. The best performer was Yizheng, up 3.4 per cent. Relentless buying chased the Shanghai B index
      CLSA  -  601 words
    • Article, Illustration
      Lock icon TOKYO
      2448 21 Bloomberg Business News TOKYO Stocks fell yesterday, led by electronics and construction shares, amid concern that the dollar's rebound may not be enough to revive Japan's sagging economy. "The currency and stocks are taking a break after a rally," said a trader. "Investors are waiting for mid-term earnings figures
      Bloomberg Business News; Source: Bridge Info  -  2,448 words
    • Article, Illustration
      Lock icon BANGKOK
      1485 21 Reuter BANGKOK Stocks closed higher in moderate trade as bargain hunters bought discounted bank and finance issues, brokers said. The SET Index rallied 20.19 points, or 1.53 per cent, to end at 1,342.59 on 4.68 billion baht turnover. Gainers led losers 236 to 75, with 83 finishing unchanged. "Investors
      Reuter; Source: Bridge Info  -  1,485 words
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      Lock icon JAKARTA
      1117 21 Reuter JAKARTA Share prices ended mixed despite modest buying in big-capped issues, with the newty-listed Perdana Bangun Pusaka failing to stage an encouraging debut. The Composite Index rose 2.% points to 502.07. Bangun Pusaka topped the actives list. It closed at 900 rupiah compared with its initial offering price
      Reuter; Source: Bridge Info  -  1,117 words
    • Article
      CLOB INTERNATIONAL
      2308 22 Gr Gr LaM Vai Day LMOMt Dh Oi> VU Nfl M Cap H%k Law rii|iij Sale COOO) H%h Low Bayer Setter Or P/E imU MALAYSIAN STOCKS 478 1% m MSB 50c 404 -l» 39 414 402 406 410 3.0 -19 0.2 414.3 127 77.5 m AMDS 30c 95
      2,308 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares mixed as rate fears offset profit growth
        6615 22 Bloomberg Business News KUALA LUMPUR Stocks were little changed as concerns that rising interest rates will dampen corporate earnings offset growth reported by several banks. "Earnings have been rather mixed," said an analyst. "The banks have been good but the other companies
        Bloomberg Business News; Source: Bridge Info  -  6,615 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7876 23 Gr Gr M Wt U1 w Vd Day LiMQMt Mr Dto YM Net Cm Avg Hl(k Law cam Salt DM) Hick Law Sdler Or M Wl Prte MMSTWU. AND COMMERCIAL ?!5 25 ml Acnu 464 -2 16 464 460 464 4«6 22.5 51 14 9 7 6)9.6 462 IS IS
        7,876 words
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        Lock icon Rumour-linked second liners again dominate market
        1814 24  -  By R Sivanithy SINGAPORE Other than the usual speculative activity in a handful of counters, the local stock market was quiet yesterday. Institutional indifference towards blue chips and continuing soft sentiment on Malaysian shares left prices mainly lower. The Straits Times Industrials Index actually
        Charts by Bridge Info; Source: Bloomberg  -  1,814 words
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      290 15 NEWS VALUE Pribadi family mounts takeover bid for Econ Int'l (pg 1) Likely to invite heavy speculation which could push price significantly above ofTer price. SSL offers 25-40% more than others for China Square sites (pg I) Signals that property market is going through an indecisive phase. CityDev net profit
      290 words
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      158 16 *vmwr W CITY DEVELOPMENTS LIMITED 36 Robinson Road, #20-01 City House, Singapore 0106 "The Group achieved record turnover, record t profit before tax and record profit after tax for the first half of 1995" Group achieved a record pre-tax profit of $248.6 million and after-tax profit of $156.8 million, Turnover
      158 words
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      23 17 Sophisticated, shinmeriig, sensational. j Cool ja22 and smooth vocals. With shades of blues. Nightly from 8.45pm, Monday to Saturday. City. Tel: 431 6156
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      350 17 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 (rusts, offshore banks, and captive insurance companies for qualified
      350 words
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      40 19 P>~*r- > v V.'» >*V rOf "V ■;<■■■■■, m Xh;?,:- U o f ><-~ V. Ghost 2&-JX: t iJ- I;; >•:• N *> -.< v •,,< U: t XI. I SlUllCg, I a Ami lfl i i .1 i ll li li ll M 1A A fAI
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      20 19 As and when the latest London/ Rotterdam prices are not available the previous trading day's closing Bpm are carried instead.
      20 words
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      31 20 Piaget. True values never change. ?<_ V xL~--i^&g3i& £> 1 Piaget Boutique and Service Centre: Bpy 3? J|\ *01-01 Mandarin Shopping Arcade, 333 Orchard Road, Singapore 0923■ W 7336S31. JOAILIJER EN HORLOGEffl DEPUIS1874
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      55 22 Since 1735 there has ftPV'' never been a quartz Blancpain watch. mMU nd there never w,ll be UWANM TK HOUR GLASS Takntanwy* Shopping Cann W *****20 Lucky Plata M *****82 Sams TO *****27 FWuM Plan M 337K309 Raffias T«L *****41 IMUrSI* THE-HOUR GLASS S UK to Canw Kuata Lumpur TO
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      54 23 HERMES sot* Agent: DICKSON WATCH JEWELLERY (S) PTE LTD PARIS A wholly owned subwWy of DICKSON CONCEPTS (INTERNATIONAL) LIMITED I l|tf DICKSON WATCH A JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore 0923 Tel: *****00 I CENTREPOINT 176 Orchard Road #01-05/06 Singapore 0923 Tel: *****22 I Aiso available at all
      54 words
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      199 24 r rk J v S f Jiangsu Foreign Trade and Inuestment Fair 15 th 19th September 1995 Jiangsu EKhfbition Hall Nanjing, China In the past few years, Jiangsu foreign economic relations and trade deueloped rapidly. In 1994, the total import and export volume of the prouince reached US$l2.B billion. The
      199 words
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      269 24 ttngaporo CMng Share PrtCM 23/08/1996 CLOW MW LOW MOM IIUCf lIM UN UM UM F6BQII Jmmna nmni *.00 a.04 s!m tN LWJ MryPana O.M OJM Mil O.M Safl Nnom|lm« 1M lAS tJI Ml ESZSSEB MMMR (MMW O.M SJN OJI 1.00 rnmrmmta 0471 047 047 0471 Pubfcsfwd by Jar dine Fleming
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      307 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER M AND IN THE MATTES OF POHAIK ENTERPRISE PRIVATE LIMITED (Mcabcn' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter SO that a Final Meeting of the Mem ben of the abovenamed company will be held
      307 words
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  • SnippingTimes
    • Article
      Lock icon DAILY FREIGHT
      544 25 Knight-Ridder Reuter THE freight market remained upbeat with the Baltic Freight Index extending its rally for another day despite a thin volume of fixtures, shipbrokers said. Most of the reported fixtures were on timecharter basis and brokers said this indicated a firm market for the coming months. But
      Knight-Ridder; Reuter  -  544 words
    • Article
      Lock icon Foreign-flag vessels avoid Karachi as Pakistan acts on tax evasion
      358 25 Knight-Ridder LONDON Foreign-flag vessels have started sailing off Karachi, following Pakistan Income Tax Department officials' insistence that vessels declare the name of their owners before entering the harbour, according to Lloyd's Intelligence. The department is acting on reports of tax
      Knight-Ridder  -  358 words
    • Article
      MARITIME STOCKS
      323 25 SB 000 Aig 23 S$ Vol CWT Distribution 1.66 unch 21 Chuan Hup Holdings 1.28 +0.01 189 Cosco Investment 2.26 +0.01 225 Far East Levingston 6.30 +0.10 47 Freight Links Exp 0.90 -0.03 969 GB Holdings Ltd 0.89 unch 12 Hai Sun Hup Group 0.92 +0.005 1264 Hitachi
      323 words
    • Article, Illustration
      Vietnam launches crackdown on cheating practices at ports
      525 25  -  From Tran Dinh Thanh Lam in HO CHI MINH CITY VIETNAM is cracking down on fraudulent practices at its ports and trying to assure shipowners they are adequately protected by its maritime laws. In a recent nationwide blitz, import-export documents in ports
      525 words
    • Article
      Lock icon Pearl River oil spill being cleaned up
      125 25 UPI HONGKONG Workers have cleaned up part of the largest crude oil spill at Guangzhou's Xingang harbour in south China and should finish in a day or two, the pro-China Ta Kung Pao newspaper reported yesterday. Environmentalists in Hongkong, about 150 km south
      UPI  -  125 words
    • Article
      Lock icon Indian port to call for terminal tender
      119 25 Knight-Ridder NEW DELHI India's Jawaharlal Nehru Port Trust in western India is to launch a tender for construction of a new terminal. Surface Transport Minister Jagdish Tytler on Tuesday told a meeting of a parliamentary panel that the port will launch a tender
      Knight-Ridder  -  119 words
    • Article
      Korean, Japanese, German yards vying for new orders
      371 25 HONGKONG Competition is intensifying between South Korean and Japanese shipbuilders to win orders for about 30 container ships worth US$3 billion (554.3 billion). But industry sources say there is a chance that four of the world's biggest container ships could be built
      371 words
    • Article
      Lock icon Aussie cabinet to discuss ANL today
      272 25 Knight-Ridder CANBERRA The Australian government yesterday refused to confirm whether it would sell its wholly owned shipping line, Australian National Line Ltd, to the Britishbased P&O Group or restructure the beleaguered company. Transport Minister Laurie Brereton and Finance Minister Kim Beazley will make a
      Knight-Ridder  -  272 words
    • Article
      TT Club warns of fines in Colombian ports
      252 25  -  By Alec Almazan SINGAPORE International intermodal transport insurer TT Club warned transport operators of severe fines imposed by Colombian authorities for inaccuracies in documents covering cargo arriving in their ports. In a recent statement from London it said: "Any discrepancy found through
      252 words
    • Article
      OOCL to start joint Taiwan-Shikoku service
      221 25 SINGAPORE Orient Overseas Container Line (OOCL) will begin a joint service between Taiwan and Shikoku prefecture in southern Japan at the end of this month. Currently, there is no direct service from Shikoku to Taiwan. Cargo going to Taiwan for transhipment to Hongkong or
      221 words
    • Article
      Lock icon US shipbuilders blast govt for wanting to buy foreign-built ships
      407 25 Lloyd's List WASHINGTON The American Shipbuilding Association (ASA) has slammed the Pentagon for seeking to buy foreign-built merchant ships while US yards were fighting for their survival. ASA, which encompassed America's six largest shipyards, said: "It's ironic that during this
      Lloyd's List  -  407 words
    • Article, Illustration
      Lock icon Bombay upbeat on shipping links
      572 26  -  Altitudes are changing over future of shipmanagement in two Asian cities, reports Paul Richardson Paul Richardson Lloyd's List "Tf NDIA is not normally accepted as being a shipflj management centre in K the western Asia region. Although a recognised souace for crewing and manning considerations
      Lloyd's List  -  572 words
    • Article
      Lock icon Hongkong's management hopes rise as rents stabilise
      415 26 Lloyds List WELVE months ago, the future of Hongkong as the major shipmanagement centre of the Far East was in considerable doubt. Nlany big management companies voiced concern over spiralling rental oa office space in thfc highly prestigious central district on Hongkong Island.
      Lloyds List  -  415 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      322 26 Pife •ANL 3 Abie 7 Accord 10 •Ahlers 6 •Ahrcnkid 4 •Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 Bright Express 6 •CCNI 4 •CMA II •OOSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho Yang
      322 words
    • Article, Illustration
      The right Mr Basaldella
      85 26 WE ARE grateful that Kuehne and Nagel (Singapore-Malay-sia) managing director Alfred Basaldella (right) has a sense of humour. In our ShipShape column headlined 'Taking nothing for granted" on Monday, instead of using Mr Basaldella's picture, we used a picture of Duncan Mackintosh, divisional director of Safmarine.
      85 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      10558 32 1 his guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement ETA ETA HtmWmt Vessel f»g MM Desta Nawe Me—
      10,558 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        609 37 VwM< Wi Bwft Anfrd Papartoe Jmac Pwt (BT) m Batam I 10/35 J1 atowade 24 08/1345 (WP*aAt*2 8/95 J1 SS 24.08/1200 JfGrtw i; J12 Jongs* 24.08/0600 G" 601/95 J10 atoncate 24.08/2300 DwGum 08/02/95 121 atone* 24.08/2300 py? 1« 6/6 atoncade 24.08/0700 ■*> Sahti 02/95 BJ3 atoncade 24.08/0600
        609 words
      • Article
        CONTAINER SCHEDULES
        1484 37 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record Boofcrnt/BaUnce Mb V* Hi H» Etb/Bto forted fnm Tt fru AcxIJy 066A 26/1500 3 24/0/00 24/1159 24/1400 4 24/1200 24/1459 24/1/00 Ala Bhum 216S 26/1000 4 24/1200 24/1459 24/1700 Anda ***** 25/0800 2A 23/1700 24/0659 24/0900 3 24/0/00 24/1159
        1,484 words
      • Article
        COCKETT BUNKER MARKET REPORT
        897 37 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of MngJe prices for a more comprehensive description of the market. Pnces shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        897 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Foreigners may be barred from investing in 2nd Thai airline
        491 38  -  From Alan Boyd in BANGKOK FOREIGN carriers will be excluded from any major role in Thailand's second national airline under investment guidelines being considered by aviation authorities. Deputy Transport Minister Somsak Thepsuthin said he would recommend that the proposed rival
        491 words
      • Article
        Lock icon THAI plans major expansion of China services
        174 38 Reuter FRANKFURT Thai Airways International Ltd said it plans to expand services to China. Guillermo Valencia, the airline's cargo sales manager in Germany, said THAI aims to add several new destinations to the four cities to which it flies at present. He said:
        Reuter  -  174 words
      • Article, Illustration
        Lock icon Russia shows off fighter plane
        54 38 Reuter ZH^? 0 I?f\\ RuSsia —J Russ ia,s tatest ground attack plane the Sukhoy SU-32FM is pat on display at an international ainhow 38km from Moscow on Tuesday. Russian President Boris Yeltsin failed to show ap to open the show, leaving his staff awkward questions
        Reuter  -  54 words
      • Article
        Lock icon Airbus and Boeing vying to win China orders with added perks
        414 38 NYT BEIJING Boeing Co and rival Airbus Industrie, battling to supply some of the 1,275 planes China will order during the next 20 years, are competing not just on price. Sluggish worldwide demand for civilian aircraft makes supplying China,
        NYT  -  414 words
      • Article
        Lock icon HACTL, 12 banks sign HK$6.6b financing deal for airport project
        198 38 Reuter HONGKONG Hongkong Air Cargo Terminals Ltd (HACTL) and 12 banks have signed an underwriting pact for the HK56.62 billion (SSI.2 billion) project credit facilities for HACTL's Super Terminal 1, said Schroders Asia, HACTL's financial adviser, yesterday. Super Terminal 1
        Reuter  -  198 words
      • Article
        Lock icon Car sales in Indonesia hit new monthly high
        232 38 Reuter JAKARTA Indonesian vehicle sales hit a new monthly high in July, boosted by new players seeking to capture slices of a potentially booming market, industry sources said. PT Astra International, Indonesia's largest car maker, said sales hit a new year high
        Reuter  -  232 words
      • Article
        Lock icon Thai Cabinet given 3 financing options for MRT projects
        295 38 Business Day BANGKOK Three financing methods for the electric train projects of the Metropolitan Rapid Transit Authority (MRTA) have been submitted to the cabinet for consideration, a source at MRTA said. The source said the three financing methods all call for
        Business Day  -  295 words
      • Article
        SIA to raise some cargo rates from Oct
        225 38 SINGAPORE Singapore Airlines (SIA) will raise its cargo rates from the UK to Korea and Japan on transhipment services via Singapore by 10 per cent from October 1. But it will maintain its exLondon Heathrow to Singapore and Australia rates at the
        225 words
      • Article
        Lock icon Kobe's railways fully restored
        84 38 AP TOKYO Kobe's last remaining damaged railway section reopened yesterday, bringing the quake-struck city's train system back to full operation. The reopening of the section on the Rokko Liner concludes the railway restoration project after the magnitude 7.2 earthquake hit Kobe on Jan 17, killing more
        AP  -  84 words
      • Article
        Lock icon Sabah Air to be restructured
        97 38 Bernama KOTA KINABALU Sabah Air Sdn Bhd (Sabah Air) will be restructured to enhance its capability to compete with bigger companies, Sabah deputy chief minister Ghapur Salleh has said. The state government wanted to ensure that Sabah Air was capable of running its operations at
        Bernama  -  97 words
      • Article
        Lock icon Ceylinco in car-making venture
        110 38 Reuter COLOMBO Sri Lanka's Ceylinco Group said it will soon build a passenger car to suit the domestic market in a joint venture with a Japanese firm. The firm was not named. It said in a statement that the vehicle assembly plant would al<tn manufacture buses
        Reuter  -  110 words
      • Article
        Lock icon Joint car venture to raise 2b rupees
        98 38 Reuter BOMBAY The joint venture between Indian vehicle maker Premier Automobiles Ltd (PAL) and French car giant Peugeot will raise 2.37 billion rupees through an issue of equity and debt in October, its lead manager said. Each bond, being issued as a plain
        Reuter  -  98 words
      • Article
        Lock icon Greek airport issue in Parliament
        94 38 Reuter ATHENS A parliamentary committee began debating a contract between the Greek government and Germany's Hochtief to build a new Athens international airport at Spata. The USS2.6 billion (553.7 billion) contract is expected to go to a vote in parliament next week. The new airport,
        Reuter  -  94 words
      • Article
        Lock icon False alarm at Subang airport
        98 38 Bernama KUALA LUMPUR A Royal Jordanian airliner caused a fire alert at the Kuala Lumpur International Airport in Subang here early on Tuesday when it returned two hours after takeoff due to engine failure in one of its engines. An air traffic control stafT misheard
        Bernama  -  98 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1292 38 AIRCRAFT ARRIVALS DEPARTURES fir hk< n» HKt n> MaBfcaU GAB95 0060 GA986 1215 GA975 1336 ***** 1806 QTO8I 1830 QF082 2065 ***** 2065 •mMM KL843 0456 KL&38 2300 SQ025 0660 SQ026 2366 GAB75 1336 may 1450 Mkaa* S0347 0665 SQ286 2Q40 SQ288 2045 IMNm BM21 1106 SQ182 0015 SQI81 1410
        1,292 words
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      869 26 aster cau. to >i ii ecMrraKao 1 6| f a u|°«*»j| m o« |Mncoan I vot utwulii CAUTQIUjIA BfIPWiK fIPWtCT WW Wit VwUll "WW »/iilu*» iy» M/W iv* nm is/m tyw ii/m ftammtm Off B7S m/i* 17/1* I u/i* f n/n U/n 178 mA* —SB. i SgT um I™ 52
      869 words
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      Page 26 Advertisements Column 2
      195 26 Lines and service* represented by. Members of the Registry of Accredited Shipping Agents, Singapore National UmSS/J Shipping Aaaociation \vIPK/ For advertising enquiries, contact Shipping Times: Tel 740-2069/740-2090 I WORLD AMPWON 31 A* RdrrVAtwAJK I 252^2? ONAI,T3I D 8 —J I RfrrrfAhrfDMN I* BUFFALO 22AX 2M30 RcbrVAtw/UK/N*«M I f 1 rtrWi*n
      195 words
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      Page 27 Advertisements Column 1
      1788 27 1,103-10 SINGAPORE 0611 Till 77—ass (12 LINES) FAX: *****1W*****2S TLX: WSaSiao/28OSS FSSHIP vesa voy sum smetd kstmton *a 12/1$ ovw m* fun/mawa WOMII ICHS 2VW 30/00 POKIUIIAK/aMIEK GUfSUAN W/15 2VW 21/00 IQtGXIJUJ/fUUW tfa U/K 25/00 27/01 MIMA/MONK OVOMUO 15/15 3C/H 31/B MKMA/MMK «DWI U/K M/Q* Mf JAMm/MMtK (MWWI 005 25/W
      1,788 words
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      Page 28 Advertisements Column 1
      626 28 S*Bsa m w m w uv stm meujk sm hu uo rro sm an mm bsbbwbs 11/430 »n ~v7T w 1/1 ~~iol ill R3 nWrSSi r~ ww* ovni i/i vi 3/i t/i ?s/i 131/1 I 7/1 I Tn W HOKHSTBWBS "tl 3/1 g g M 7H Jg f yT ~W
      626 words
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      Page 28 Advertisements Column 2
      1006 28 NOR/VSIA vssssl vov m alo las bcl val ham she hot ant fbl lha BM MM 1M tW Hi M tl* M tIM MM IMI MM SJSg SMIMtMIIWIMIHIiIMIMiMIMnMiM StA EWOtA VOUB BM MM MM MM MM WN 61/ M 6VM 6tfM IMI M/ 11 Hni WH UM IMI «MI 67/16
      1,006 words
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      Page 28 Advertisements Column 3
      501 28 JAPAN/HOMQKONO/STRAITS REGULAR SERVICE I I LOADING FOR PORT KLANO/PENANQ ««a m »vom JSSB na |ra I bum 1 ffrf ~nJm~ I mjcta www nag alw WHMOWnrO 79 17MW J TATAMNTUJUH II awn MAW rkwwht >4 insr msr I I WMOM a ti» n» WURi 1 |7» liar l*Bo »1 97
      501 words
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      Page 29 Advertisements Column 1
      1138 29 f STRAIT^HIPPINC^rELT^^ Wte mad 10 Km CkiM« Road #11-01 Koppol Towora TT NgW Ml Ttt: *****W Ffti: *****7 CAMO QUE IMI I~ SL?*' ttw 11 *■< r r rn Mil II ■rn n>nu r«w ouim Ml Man.LM.KX n-ekf ms* m w.i«.ww"*—" MWWM M 1 *****52? mm I* IMI tap MS*
      1,138 words
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      Page 29 Advertisements Column 2
      1208 29 Wjk B&0 Containers First Class Connections WORLDWIDE CR Nmben **********0Z fWUBT 1 IMPOIIT »wl!r S£ £22 Sf T jjjg £3 JIL SSwmmae** «m Sk SS« mm VSSKEgr SS §3 IS 3:2 85 ggg&ggr Sm: SS ?S5 £3 £3 23 Ij|XAMAERSK »10 W» 2M* 22/06 I I -fEMNSULAR BAY I SmS
      1,208 words
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      Page 29 Advertisements Column 3
      368 29 gßr- awmmmmm aw" hm" mm|pmi| svm [mm Immlmm I mm lnmlim. I I I IS I MMHM2MMBI7 HM "55" SM||iM«M4 MM MM~ W ~MM 1 HM MM IIIM I UJI~I MHNMSMMBII MM SIM KM I MMM 1 S7M M M M"WMMMM 1 I mm I MMHBISMMBH SMS (7M MMIM-11M IMM
      368 words
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      Page 30 Advertisements Column 1
      1178 30 iWJbJ_ I 1 J J SAP RDM ANW H6G THP LHV LHV TMP ROM ANW HBO PKL S6P I I. RACER RW-6M 2M 1M 10/9 17It 19/9 2M E GREET RE-060 31/7 1/1 2/0 3/1 4/1 2t/l 30/1 I. RESULT RIHM 2/9 22/9 23A 24.9 2«/9 27/9 E. GLOWING RE-032
      1,178 words
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      Page 30 Advertisements Column 2
      778 30 ■KM WW MP S5 «u MM Ufi icwiM 221-22 MM Mi HM (7M UN MM MM M SF 403 jim mm um km urn SPtlli OMS IM um KM 1M MM MM umcocwo num i«w mm mm mm n« n« ctm J WJO ACCEPTBM FQ. TO POM. MMMML MR Ml
      778 words
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      Page 30 Advertisements Column 3
      472 30 SMCMFKLD MAMNE AOENCCS (8) PTE LTD TEL: *****33 (12 UNES) FAX: *****10/*****03 TOIX: RS ***** ROMP (3 Unas) CR NO: **********06 ACCEPTING FCL AND CONVENTIONAL Vat iTA llydi^tor 18/10 N*ml 40WB 28/11 *WMliiiih KIEN HUN 6 LINE FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO ISOftOC I tsm r.lM*i
      472 words
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      Page 31 Advertisements Column 1
      2173 31 ACCGPTM GAMO 1® VAIMA, ODESSA AMI UMASSOL iw (B—nl): mim 4fM(r«wC COSTAR SHIPPING PTE LTD f T 'i 'HUXfiUSl"* cmmm*:ommn cmmm* m. < UMm ir*r #)7 M ri/ix:HW W C«»r»»7/»«#/ *r»UM MOHW Mt«Mf hnrl Sit'J32"""' rw ttUtM InitM(lf MoUHW ffr'f»r«f IftlT u—mtm joimiofnet r„ mun fSrSSmt^ (irnUMMNJ CO*r« A6MCICS /Ml
      2,173 words
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      Page 31 Advertisements Column 2
      599 31 I (ft FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 ■By HOTUNE: *****33 (30 LINES) BARCELONA/SPAIN 06/091 ra«mF/nwiCE 25/08 MARSEILLE/FRANCE 29/08 HAMBURG/BREMEN 25/01 GEHOA/HALY 26/08 ANTWERP/BELGIUM 25/08 GOTHENBURG/SCAN 27/08 ROTTERDAM 25/08 AARHUS/COPENHAGEN 27/08 FELIXSTOWE/UK 28/08 LOS AUGELES/WC/IPI 25/08 SYDNFY/MELBOURHE 26/08 NEW YORK/EC 25/08 FREMAHTIE/ADELAIDE 27/08 VANCOUVER 25/08 BRISBANE 26/08
      599 words
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      Page 34 Advertisements Column 1
      1089 34 Tyr l^*^ l SIN J«T [vessel VOY SIN PEN lue., g n«sv *Z 7ZZ QOOO EASY* 108 ~Frt 28/08 Tut 28/08 OURU BHUM 812» ~Thu hPI St 28/08*" If yANTRABHUM m UP, rr/tH BHUM 2128 SSl_ 2»2§ Tu* 2*oB B-MAS OUA BM7 Sgt_ MM Tut »M S 1- NAWABHyM 2Z3
      1,089 words
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      Page 34 Advertisements Column 2
      864 34 79 ANSON ROAD, §21-01, SINGAPORE 0207 CR **********0N STRAITS SHUTTLE SiWViCE PORT KLANO PENANG vasa m si pkl vtssa vor m pa SEA LAUREL 417N 27,085 UN 2&08M0N DRAGON NIAS 46N 23/08 WED 2SOBFRI XOURiAVA ***** 2&QBMON 3006 WED XOUR SPORE ***** 2408 THU 2608 SAT PERKASA SON 2&06 MOM
      864 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      514 35 M MYANMA FIVE STAR UNE (Myw NaflMd UM) w LoMhf for YwfM (Rn«Ma) wa wi m m rat fri MP*-*" 212W SU a» 1W 25/ M MUYSA Mam.- SORSKAD SMFFRK MSKKS irl IB 02-03-****** KL m 02-03-37*0101 FBfc m 02-04-*****02 Ffifc m 02-07-*****21/4 NIGERIAN NATIONAL SHIPPING LINE WUa TOT SR
      514 words
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      Page 35 Advertisements Column 2
      439 35 ADVANCE CONTAINER UNES (PTE) LTD i\ I 1R) Oocß Stroat, 4M2-00, PR. Bußcßng, Rnana 0108 MvL: TEL: *****21, FAX: *****18. TELEX: RS ***** ACLPL JAPAN TOYAMA NIIGATA TOMAKOMAI HACHINOHE HITACHI SENDAI ALSO ACCEPTING TO: HONGKONG/KAOHSIUNG/KEELUNG vtM vcrr "«N wa "aw "no tot'oj *wS *u kk 'at jo» jxco y/y w*
      439 words
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      Page 35 Advertisements Column 3
      683 35 0237—0000Z ¥aBIIB w LE HOWE HAMBURG THAMEgPORT ROTTBCAM A»llnftl WXE DTfYDRA HKMf 29M8 19*39 21/09 QQ wueqeuma no* Cg/OB 2MB 2MB smb ovio aim VILEDEVELA VtOW t» 03/10 o*lo 07/10 o*9 niw iw wio iyto ivio wio i*s ALSO ACCEPTMQ CARQO TO AUL U. K. DESTMATIONS. GOTHENBURG! AMD OTHER EUROPEAN
      683 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      736 36 AFGHANISTAN MAM Afghanistan Ltd., HMH Hairatan, Torghundi, Islamqala (Doqhamn) C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, Milrtzer Munch Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, IfllOmtltkXlQl rpfwardom Novosobtrsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Mongolia: Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO ACCEPTING jn. AMCA. SANTIAGO.
      736 words
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      Page 36 Advertisements Column 2
      557 36 MfiM*** I,MK=p1 ,MK=p inesmfßsm Agents: MAC-NCLB SPORE: *****22 (24 UNES) Kuala «*>««» IrjNO'\ZJ Mtetmmww mi>Ai(»u)iia«i UMMQKimmmr SURABAYA: (H)2H«80 jKT.mmmmmttwuim BtHomtmrnms I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN DAILY RECEIVING PEN PK SIN 27/8 26/8 29/8 HKG/BKK/KEE/KHH GtorQ/C'hagen/Sholm/Oslo 30/8 31/8 1/9 30/8 31/8 1/9 HKG/DKICKEE/KHH 24/8 25/8 26/8 w HKMwwmo.H
      557 words
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      Page 36 Advertisements Column 3
      269 36 2M I SB I <■ SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS VFSSa KK SM PK PI DON CT AMAVI22 SID SU> SID SID 2S/0t 02/09 TMIYI23 11/09 21/09 29/09 12/10 11/10 25/10 Si *AJso cads E.L P.E. MAIAY9A AfifMTS: POUKBANG 16. MAN TE: *****00 T&34B2SS -A SUI AGBfTS: KOIA KMABALU
      269 words
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  • Page 37 Miscellaneous
    • Miscellaneous
      Page 37 Miscellaneous Column 1
      116 37 REGIONAL WEATHER LEGCNO: R Thund«r*tocm Ttmpwohn *q V Showw W#athtr Wind dbvction with *p««d in knot* ••Rom 0 Ooudy Sky Wov# httght hnt*u wimdt ar« iaficaiad by ««m wfcidi Hy witfc Mw wind C*J Or* hJ ard* r*pr«*«nt* calm or Ight and vonobl« wind* i_ On« half fWch« raprwcnt* 5
      116 words
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