The Business Times, 27 September 1995

Microfilm: NL20019
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 194/12/94 Wednesday September 27 1995 85$
    12 words
  • Article
    Lock icon Tough for Mexico: OECD
    74 1 Reuter MEXICO CITY The Organisation for Economic Cooperation and Development said in a report yesterday that Mexico's recovery from deep recession is likely to be more drawn out than the government expects. In an assessment of Mexico that looks at the handling of the economic crisis
    Reuter  -  74 words
  • Article
    Untitled
    153 1 Tuesday Ckup STII 2,120.26 +1.55 KLSEComp 1,011.67 -1.26 Nikkei 17,921.98 +355.55 Hans Sen« 9,583.34 +85.64 SET Index ....1,302.80 +2.27 Jakarta Comp 493.06 -0.49 Manila Comp .2,683.55 -35.04 Taipei WPI 5,094.42 -65.74 Seoul Comp 983.82 -1.38 Bombay BSE30 ...3,518.11 +29.51 CLSA China B 847.01 -1.06 AustAllOrd J, 128.6 -2.1 FTSE 100
    153 words
  • Article, Illustration
    Daiwa bond trader loses US$1.1b over 11 years
    668 1  -  From Anthony Rowley in TOKYO DAIWA Bank, one of Japan's biggest banks, announced yesterday that it had suffered losses of USSI.I billion (SSI.S billion) arising from 11 years of fraudulent trading by an errant bond trader at its New York branch. The
    668 words
  • Article
    Lock icon Dual roles let trader hide losses
    302 1 Agencies OSAKA Toshihide Iguchi, the 44-year-old Daiwa Bank trader who ran up US$l.l billion (SSI.S billion) US bond losses, was a US psychology graduate and former car salesman who appeared as competent as anyone in the market, the bank's president said. "He seemed very
    Agencies  -  302 words
  • Article
    How Iguchi stacks up against Baring's Leeson
    242 1 The central figures Toshihide Iguchi, 44, joined Daiwa Bank in New York in 1976, and rose rapidly on his trading flair to become assistant vice-president of Daiwa in New York. Had never worked in Japan. Nick Leeson, 28, rose from settlement clerk in
    242 words
  • Article
    IPO managers allowed to stabilise prices under certain conditions
    492 1  -  By Conrad Raj SINGAPORE For the first time, the managers of an initial public offering will be allowed to stabilise share prices for a limited period under newly-ga-zetted regulations of the Securities Industry Act. The changes, which came into effect last
    492 words
  • Article, Illustration
    Special shares for self-help groups in future privatisations
    382 1  -  By Anna Teo SINGAPORE In future privatisation exercises, a special allotment of price-discounted shares would be set aside for self-help organisations such as Mendaki and the Association of Muslim Professionals, Prime Minister Goh Chok Tong announced last night "Next time we sell
    382 words
  • Article
    Lock icon Fed leaves rates unchanged
    250 1 Reuter AFP WASHINGTON The US Federal Reserve decided yesterday to leave interest rates intact amid mounting signs that the 4 V*-year-old economic recovery is back on track. With growth speeding up and inflation fading, the central bank's policy-making Federal Open Market Committee (FOMQ had little reason
    Reuter; AFP  -  250 words
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      218 1 55SEBSEE^EESEESEE^E^^^SESSIhSSSmSJ* BT Online Look ns np at http'J/ www.asial.com.sg/biztimes Spore News ...2,3 Sporel/Tsia 17,18 Regional News 4-7 Financial.... 21-23 World News.... 16 |||lin Qoto/KLS£, SES... Fi I I 26-28 Focus 13 Regional 24 Edtorial 15 World 24 TY/litotyte—ll Currencies 21 ;V Tel 1800-*****77 Fax *****75 ■mm** Tel *****18 Fax *****71
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      Page 1 Advertisements Column 2
      35 1 Focus: p g 13 Russian economy on the mend Development of KLSE vital to Malaysia's growth, says Dr Mahathir at a roadshow m London to promote direct and portfolio investment in the country. Pg 16
      35 words
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      12 1 Hock Lock Siew: Pg 17 DBS must act on Wing Lung stake
      12 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Mum's still not cooking?
        231 2  -  Jenny Lam SINGAPOREANS' appetite for eating out has continued picking up since May, a month which broke four months of consecutive year-on-year declines. July's catering trade index showed a 0.4 per cent increase at constant prices compared to the same month last year, according to the
        Source: DOS  -  231 words
    • Article, Illustration
      Lock icon The businessman with good designs
      368 2  -  Singapore Business Awards By Abdul Hadhi "ARCHITECTURE is a business. If you are a good businessman, you design better buildings," says 1994 Businessman of the Year Albert Hong. Mr Hong the first professional to win the award believes that professionals who run practices of their
      Photo by Chris Loh  -  368 words
    • Article
      Calling all those who've made their mark
      200 2 The 199S Singapore Business Awards (SBA), organised jointly by Business Times and DHL Worldwide Express, were launched yesterday. Nominations are invited for the following awards: Businessman of the Year (BOY); Outstanding Manager, Enterprise. Presented annually, the prestigious SBA awards acknowledge outstanding achievements by
      200 words
    • Article
      S'pore, HK springboards for Nomura's expansion in Asia
      267 2  -  Soh Tiang Keng SINGAPORE and Hongkong will provide the "core bases" for the operations and expansion of Japan's giant Nomura group in Asia, the president of its subsidiary Nomura Securities, Hideo Sakamaki, said last night. Mr Sakamaki, who is on a three-day
      267 words
    • Article
      British electronic parts reseller sets up shop here
      277 2 A BRITISH electronic components reseller hopes to fill a niche in the local market with a new $6 million warehouse and sales operation here. Farnell Components, which opens for business next Monday, has 38,000 lines of branded electronic components in its Tampines
      277 words
    • Article
      Government to give local R&D $300m boost
      402 3  -  By Toh Han Shih THE Government will put up $300 million to aid research and development (R&D) by local companies, and its grant will help secure another $1 billion for private sector R&D investments, it was announced yesterday. Trade and Industry Minister Yeo
      402 words
    • Article
      Arrivals jump 3.5% during Great Sale
      243 3  -  Br Agnes Wee VISITOR arrivals in August, when the Great Singapore Sale was on, hit a record high of 697,800 up 3.5 per cent on August last year, according to early estimates released yesterday by the Singapore Tourist Promotion Board (STPB). The visitors also
      243 words
    • Article, Illustration
      Lock icon UK's largest brewer makes Singapore debut
      304 3  -  By Chan Siow Ling THE largest brewer in the UK, Scottish Newcastle Breweries (SAN), has brought its traditional brown ale to Singapore. From today, consumers here will be able to buy S&N's trademark Newcastle Brown Ale, and its other well-known brands such as McEwan's
      Photo by Chris Loh  -  304 words
    • Article
      Correction & clarification
      35 3 Correction clarification THE maximum compensation for fatal eases under the Workmen's Compensation Act will be raised to $111,000 from Nov 1, and not to 110,000 as reported in Saturday. We are sorry for the error.
      35 words
    • Article, Illustration
      Lock icon Singapore Power launches corporate logo
      173 3 SINGAPORE Power (SP) chairman Ho Kwon Ping ushered in a new era last night when he launched the power supplier's corporate identity a stylised "S M curve in blue. "From this event onwards, SP will think, breathe and live as a business entity," he said.
      Photo by Arthur Lee  -  173 words
    • Article
      S'pore, M'sia are top candidates for Packard Bell plant
      310 3 LEADING personal computer maker Packard Bell is likely to choose Singapore as the site for its Asia-Pacific factory but the American PC giant may also decide to divide manufacturing operations between Singapore and Malaysia. Packard Bell's vice-presi-dent and Asia-Pacific managing director,
      310 words
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      35 words
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  • SOUTH-EAST ASIA
    • NOTEBOOK
      • Article
        Lock icon Party membership: Murdiono clarifies
        94 4 AFP JAKARTA The Indonesian government has distanced itself from demands by the head of the civil servants' association that all members must support the ruling Golkar party, press reports said yesterday. The Kompas daily reported State Secretary Murdiono as saying that public servants could choose any
        AFP  -  94 words
      • Article
        Lock icon Thai panel slams US embassy
        101 4 AFP BANGKOK The chairman of a Thai committee investigating US drug allegations against leading ruling party politicians has accused the US embassy of "dishonourable" attempts to interfere in Thai affairs. In a strongly-worded letter to US Charge d' Affaires Ralph Boyce, Thanat Khoman pursued a
        AFP  -  101 words
      • Article
        Lock icon Higher Indon electronics exports
        87 4 AFP JAKARTA Indonesia expects electronics exports to grow 29.4 per cent to US$2.7 billion (Ss3.B billion) and palm oil 15.4 per cent to US$ 1.9 billion within the next year to support an export target of US$55 billion by 1999, a report said here yesterday. Industry
        AFP  -  87 words
    • Article
      Group acts on plan for US$2b oil pipeline
      468 4  -  From Ho Kay Tat in KUALA LUMPUR A CONSORTIUM from Malaysia, Thailand, Indonesia and Japan pushing to build a 180-kilometre oil pipeline from Paya Island off Penang to Songkhla in south-east Thailand held its inaugural meeting yesterday to map out a plan
      468 words
    • Article, Illustration
      Lock icon Hanoi, Washington state sign pact to boost trade ties
      316 4 AP HANOI The governor of the US state of Washington Mike Lowry and Vietnamese Trade Minister Le Van Triet signed a landmark agreement yesterday to form a working group to help expand commercial ties. Mr Lowry, the first American governor to
      AP; AFP  -  316 words
    • Article
      KL rules on securities lending likely to be ready by next month
      369 4  -  From Ruth Wong in KUALA LUMPUR THE Malaysian Securities Commission (SC) would likely finalise the regulatory framework on securities borrowing and lending (SBL) by next month. SC manager Wong Sau Ngan said at a seminar on securities lending
      369 words
    • Article
      Top M'sian finance official: economy is not overheating
      460 4  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S top Ministry of Finance (MOF) official yesterday rebutted suggestions by private economists the economy is overheating, saying inflation is at a tolerable level. Clifford Herbert, secretarygeneral of the MOF, also defended Malaysia's widening trade
      460 words
    • Article
      Lock icon Bangkok names new military leaders
      228 6 Reuter BANGKOK Thailand's new government has named two new top commanders in the powerful armed forces after rejecting the outgoing military leaders' choices, sparking an immediate claim of political interference in the military. General Pramon Phalasin was named anny commander-in-chief, replacing General Wimol Wongwanich who
      Reuter  -  228 words
    • Article, Illustration
      Detractors, rivals put PM and Dr M to the test again
      843 6  -  Jj ASIAN E£i VIEW In US, it's the same old question; in KL, the rumour mill grinds on By Yang Razali Kassim The writer is BT's regional analysis editor THE issue of leadership has surfaced again in two neighbouring
      843 words
    • Article
      Manila hosts two-day business summit
      196 6  -  Fran Al Labita in MANILA THE Philippines will today launch its first international business summit to draw "global focus" on the nation's investment potential. Organised by the International Herald Tribune, the summit will be attended by 300 foreign and local business leaders, Trade and Industry
      196 words
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      258 4 JMHMA MANAGEMENT CONFERENCE EXHIBITION \V, 6-8 November, 1995 Raffles City Convention Centre New Face Asian Manager HfM^^^^^MB!Vs!Vß!V!H!lVißvl[i!l9!liWnWHlVlTpMMw^'' •?r r > V Iflßl .jgrtjfl VijifcL. Management Style J| Sign up for this management conference with your j ltr UOB Credit Card and enjoy the following: HHHHHMM&f Eastern Management Styld Attendance to
      258 words
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      97 5 W--V .t- > 11 r Vs-" t V' J 1 1 t T -."V- l -rv t. j" s <? ,-4 i s r>. -V ImEbl &M r BhKI Bi ii; r v •'44SOB*--v-SPIN THE BEANS w <-••''• r. w v■'ft You don't have to go to this extreme. Wash
      97 words
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      295 6 BBS Networks Can your Telephone System i 1 c give ybu name, number address of your caller E t J Before you answer the phone?! 1 1 -uu-jl-W J r Li.Li.UL —H I IPS Caller ID can! m 1 i ,p S 308 KSU (+1 Digital Phone) »H 551,388/- .orr
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  • CHINA/HONGKONG/TAIWAN
    • Article
      HK govt land sale draws strong bids from property bigwigs
      327 7  -  From Quak Hiang Whai in HONGKONG A LONG-AWAITED public auction of two plots of government land surpassed property analysts' expectations yesterday by fetching a total of HKS36B million (Ss6B million). A unit of tycoon Li Kashing's Cheung Kong group snapped
      327 words
    • Article
      Lock icon Chinese private enterprises grow faster than state firms
      338 7 Reuter BEIJING China's economy surged in the last five years, outstripping many targets of its central plan, but slow reform of state firms saw their growth fall behind the fledgling private sector, the People's Daily said yesterday. The mouthpiece of the ruling
      Reuter  -  338 words
    • Article, Illustration
      Lock icon Run on credit union as another financial scandal hits Taiwan
      488 7 Reuter TAIPEI Two weeks after Taiwan punished dozens of officials over two financial scandals, hundreds of pan-ic-stricken depositors are flocking to a scandal-hit farmers' credit union to draw out their money. The credit union, with net assets of less than
      Reuter  -  488 words
    • CHINAWATCH
      • Article
        Lock icon Caltex in talks on US$1.3b projects
        59 7 AFP BEIJING Caltex Petroleum Corp said yesterday it was negotiating three major projects in China with an estimated total investment of almost US$l.3 billion (S$ 1.9 billion). The largest project involves a proposed US$ 1 billion joint venture refinery in Nanjing, with Caltex providing
        AFP  -  59 words
      • Article
        Lock icon Set import targets for China: think-tank
        65 7 AP BEIJING A US think-tank is recommending that the international community require China to increase its imports by targeted amounts each year in order to enter the World Trade Organisation. The Washington-based Economic Strategy Institute released a report yesterday portraying China as a potentially
        AP  -  65 words
      • Article
        Lock icon Shanghai tax-fraud case uncovered
        85 7 Reuter BEIJING Authorities said they had uncovered a massive tax fraud in China's biggest city, Shanghai, in which corrupt tax officials faked value-added tax invoices worth 450 million yuan (5577.4 million). Chen Huan of Shanghai's Putuo district tax bureau and three co-defendants have been charged with
        Reuter  -  85 words
      • Article
        Lock icon Power projects need foreign funds
        69 7 Reuter SINGAPORE China faces a serious shortage of electricity, and foreign investment is required to develop China's power industry though state funding has increased, a senior Chinese bank official said. China is seeking foreign investors to fund several new power projects with capacity of more
        Reuter  -  69 words
    • Article
      Lock icon Shanghai, Singapore will not eclipse HK: Anson Chan
      225 7 AFP TOKYO Hongkong Chief Secretary Anson Chan on Tuesday dismissed growing Japanese fears that the territory will be overtaken by other centres such as Singapore and Shanghai as a business base for China. Mrs Chan, seen as the top candidate to replace
      AFP  -  225 words
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      92 words
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  • ASIA
    • Article
      Lock icon No end in sight for Japan's weak growth: BOJ chief
      327 8 AFP Reuter KYOTO Bank of Japan (BOJ) governor Yasuo Matsushita said yesterday that Japan's economic growth would "remain low" despite the recent weakness in the yen against the dollar and a rebound in share prices. The central bank chief was
      AFP; Reuter  -  327 words
    • Article
      Lock icon Telstra, Hewlett-Packard in venture
      94 8 Reuter MELBOURNE Australia's government-owned Telstra Corp and Hewlett-Packard Australia said they are forming an AS 10 million (Sslo.B million) joint Venture to develop a world class telecommunications software product business. They said the joint venture, based in Melbourne, had the potential to generate up to AS
      Reuter  -  94 words
    • Article
      Lock icon Telecom Corp's Sky TV stake cleared
      116 8 Bloomberg Business News WELLINGTON New Zealand's anti-trust agency has cleared Telecom Corp's purchase of 25. per cent of local pay television operator Sky Network Television Ltd. Commerce Commission chairman Alan Bollard said new technologies are likely to usher in an era when telephone, broadcasting,
      Bloomberg Business News  -  116 words
    • Article
      Lock icon S Korean cabinet passes budget
      106 8 Reuter SEOUL South Korea's cabinet approved a 16 per cent rise in a balanced national budget for calendar 1996 over 1995 when it rose by 15.6 per cent, the ministry of finance and economy said. State spending was set at 58 trillion won (S$ 108
      Reuter  -  106 words
    • Article
      Lock icon Slow progress of foreign projects irks Pakistan
      335 8 Reuter ISLAMABAD Pakistan, fishing for billions of dollars in foreign investment, is finding that international companies are happy to nibble, but do not always take the bait. Mohibullah Shah, secretary of the state-run Board of Investment, said in an interview on Monday that
      Reuter  -  335 words
    • Article
      Lock icon Apec tariff cuts fatal for Aussie car industry: Ford
      158 8 Reuter SYDNEY Ford Australia has warned that Apec could prove "fatal" for the country's export industries if Australia is forced in the Asia-Pacific Economic Cooperation forum to expand its tariff reduction programme. Ford Australia president John Ogden told a business seminar
      Reuter  -  158 words
    • Article, Illustration
      Lock icon India bans bank strike, seeks protection for loyal workers
      316 8 AFP NEW DELHI The Indian government slapped a ban on a two-day general strike by thousands of bank workers and ordered state administrations yesterday to provide security to loyal employees, officials said. Rashid Jilani, deputy chairman of the Indian Banking Association
      AFP; Reuter  -  316 words
    • Article
      Lock icon Lankan economy headed for major crisis
      381 8 High interest rates and lack of foreign investor confidence add to war woes AFP COLOMBO High interest rates and a lack of foreign investor confidence has drastically slowed Sri Lanka's economy, already battered by a costly Tamil separatist war, financial analysts said yesterday. The
      AFP  -  381 words
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      Page 10 Advertisements Column 4
      152 10 I MORE THAN JUST I SEAFOOD! I Besides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. 1 Ffil seafood restaurant 920 East Coast Parkway, Singapore 1544. Tel: 345 1111 Authentic Thai
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      Page 10 Advertisements Column 5
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  • LIFESTYLE
    • CHATTERBOX
      • Article, Illustration
        Lock icon Eat your way through Germany with Kohl's cookbook
        302 11 AP AP UPI NO stranger to good food and with a figure to prove it, German Chancellor Helmut Kohl is authoring a book about his travels through Germany entitled Culinary trip through the German states, the chancellery said on Monday. In addition
        AP; UPI  -  302 words
    • Article, Illustration
      Lock icon Australian novelist's life was just a piece of fiction
      629 11  -  The book-prize winner even invented her own name, reports Philip Shenon Philip Shenon NYT SHE was, for a time, the most celebrated young writer in Australia, a 24-year-old whose first novel was showered with the most prestigious literary awards in her
      NYT  -  629 words
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      Page 11 Advertisements Column 2
      72 11 This announcement appears as a matter of record only >2 DBS LAND A 572,000,000 Transferable Term Loan Facility A rrsnQ&r ll#estpac Banking Corporation Co-Arrangers Natwest Markets Soctete Generate, Singapore Branch <- V Lead Managers Societe Generate, Singapore Branch Commerzbank Aktiengesellschaft, Singapore Branch Natwest Markets Westdeutsche Landesbank Girozentrale Westpac Banking Corporation,
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
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      127 12 V-.** I 1 k V <••*... L.i»4afs,' 3&BSB RS K tIH M ppIP? 4 I i® i^H v 3R& i; V*-■ ■■V -v,: ,»~*&*ttM2shßL^-MSk I fe' >£ ''i*<»k .;U'ifcy*t&&. JTL CjgHfigCTMß B £fs•• RSigiS P f !^^PBaBwsiSwggPBwWMMW 1 v. i! '^-'V- r: THE NEW AUDI A 4 I.S AUTOMATIC. THE
      127 words
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  • FOCUS
    • Article, Illustration
      Lock icon Russian economy recovers from freefall
      1465 13  -  Inflation is down and the budget deficit under control. Growth is in sight for the first time since 1991, reports Richard Stevenson Richard Stevenson NYT AFTER a painful and chaotic slide, the Russian economy appears to be stabilising, and may be on the brink of
      NYT  -  1,465 words
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      78 13 me for 08 10 S€ek OUt Nominee: I individuals and companies for the 1995 Singapore My Name: apH ftrmnHal I n)n ll It 0! nr II r The Secretary, Singapore Awards to the or medium-sized has distinguished I to the most deserving manager of professional who has made C*inqaporo 1
      78 words
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  • Article
    Clinton's policy on Myanmar weathers Republican assault
    1131 15  -  Pressure to punish Yangon seen as counter-productive, says Leon Hadar Leon Hadar the writer is BT's Washington correspondent WHEN the military leaders in Yangon announced last July that they were freeing opposition leader Aung San Suu Kyi, many observers suggested that the move
    1,131 words
  • Article
    Keeping that second wing up
    545 15 ANYONE looking for a fresh boost to Singapore's regional isation drive would be looking in the wrong place if he had hoped to find it in the Regional Business Forum (RBF) report released on Monday. Indeed, he would have been reminded that there is, in
    545 words
  • Article
    Welcoming the best
    265 15 IMMIGRATION is a touchy issue in most countries. Immigrants are often unwelcome because they are seen to compete with citizens for jobs, services and other benefits. The richer and bigger the countries, the more fearful they seem, sparing little thought that newcomers may have contributions to make.
    265 words
  • Article
    World-class transport
    118 15 VISITORS to the recent land transport exhibition at the World Trade Centre, were impressed by the future look of mass movers. But what the future holds for Singapore will depend on many factors vision and careful planning, attitude and political will. We can be number one in many
    118 words
  • Article
    Working on world stage
    205 15 A PREREQUISITE for any small nation aspiring to exert influence in the United Nations is high achievement in its own national development and government. Singapore enjoys high prestige among members of the UN for its economic accomplishments and political stability. This is why, despite being a
    205 words
  • Article
    From hope to reality
    136 15 THE psychological and symbolic breakthrough of the 1993 Oslo peace agreement between Israel and the Palestine Liberation Organisation is unlikely to be matched again as the two longtime foes work towards a new map of the Middle East. It broke the stalemate of hostility. But the
    136 words
  • Article
    Thai role in landmines ban
    163 15 THE International Committee of the Red Cross made a global call early last week for a total ban on manufacture, use and stockpiling of landmines. The ICRC, which derived its mandate from the Geneva Conventions of 1949, also called upon Thailand to play a vital
    163 words
  • Article
    Nothing to be proud of
    190 15 LAST YEAR, the government claimed that the nation's economy had bottomed out in October 1993. The irony is that the same government had to announce last week what it called the largest-ever reflation package to shore up the very economy that had supposedly turned the
    190 words
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      166 15 SRI LANKa! I If COLOMBO I 20th 22nd October Sri Lanka Apparel '95 is an exclusive trade fair for the apparel industry. It will be the biggest ever and the most significant trendsetter in the South Asian Region. It wil feature ever 100 manufacturers of apparel from Sri Lanka and
      166 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      40 15 v>3F\S JUST EKTERING SHOP »N tus VTO P>IOD Tt?ippe.n J NOT POONESBURY GARRYTRUDEAU wiiSS? I 1 I^TrjSr TSwSI ASRStfZK'H IT USUAL- JUSTGMdBePMYmSSPOKr r I I tf*2£jTl 7DfIW»C 4 UHATU&B LYIWRKS AHP KRU66RRAHPS, BLOWN I BUT MOW... VXEA I 7H5 UPTHBHOU^AWeSCAPBP
      40 words
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  • Article, Illustration
    Lock icon KLSE progress vital part of Malaysia's growth: Mahathir
    609 16  -  Fraa Neil Behrmann in LONDON STHE development of the Kuala Lumpur Stock Exchange is a vital ingredient in the nation's economic expansion, Malaysian Prime Minister Mahathir Mohamad said here yesterday. Speaking at a roadshow to jßromote direct fcnd portfolio foreign investment in
    AFP  -  609 words
  • Article
    Lock icon Thailand invites foreign banks to seek full branch status
    196 16 Reuter BANGKOK Finance Minister Surakiat Sathienthai said Thailand will start accepting, from Oct 1, applications of foreign banks seeking new full branch licences. Mr Surakiat told reporters die Thai cabinet approved his proposal for Thailand to consider granting up to seven
    Reuter  -  196 words
  • Article
    Lock icon BOJ's buying of CDs seen as aid for troubled banks
    317 16 Reuter TOKYO The Bank of Japan (BOJ) has devised a new method of pumping money into troubled financial institutions, the day before the government announces its stance on the industry's bad loan problems, bankers said. The BOJ caught the market
    Reuter  -  317 words
  • Article
    Lock icon Foreign purchases of US treasuries hit US$76b in first half
    309 16 Bloomberg Business News NEW YORK Investors outside the US ploughed U5576.4 billion (Ssl 10 billion) into US treasury notes and bonds during the first six months of this year, almost as much as the total for all of 1994, the
    Bloomberg Business News  -  309 words
  • Article
    Lock icon Japanese capital flows to developing nations jump 67%
    140 16 Reuter TOKYO Capital flows from Japan to developing countries jumped 67 per cent to a record U5528.51 billion (Ss4l billion) in 1994 as Japanese firms stepped up operations overseas to avoid high domestic production costs. Japan's Finance Ministry, in announcing the figures
    Reuter  -  140 words
  • Article
    Lock icon Single EU currency must rank with $, yen: Santer
    126 16 Single EU currency must rank with yen: Santer AFP WARSAW The European Union (EU) can establish monetary independence only through a single currency ranking with the dollar and the yen, EU Commission president Jacques Santer said here yesterday. He was speaking against a background of controversy over the conditions and
    AFP  -  126 words
  • Article, Illustration
    Mexico crisis leads to some questions on the role of IMF
    778 16  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BTs Tokyo correspondent PUBLISH and be damned. These words summed up the bold (if occasionally simplistic) philosophy of one former Fleet Street editor in London. But the dilemma for
    778 words
  • Article
    Lock icon Hard for Perot to form party: White House
    113 16 Reuter WASHINGTON Th< White House had little react t ion yesterday to Ross Perot "s announcement of plans td form a third major political party except to say it would be a difficult undertaking. "We don't have any partic-j ular reaction to
    Reuter  -  113 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Tuan Sing makes provision for aborted deal
      540 17  -  Subsidiary starts legal proceedings to reclaim $10m deposit after its Shanghai property project falls through Teh Hooi Ling SINGAPORE Tuan Sing Holdings will make full provision of about $10 million in its books for the Financial year to Dec 31 for a property
      Source: Bridge Info  -  540 words
    • Article
      Jardine group posts flat first-half results
      479 17  -  Fraa Quak Hiang Whai in HONGKONG THE diversified Jardine group yesterday produced another set of flat interim reports. Singapore-listed holding company Jardine Matheson Holdings (JMH) announced a net profit to June 30, 1995, of US$257 million (***** million), up 19 percent. However, this was
      479 words
    • Article, Illustration
      Lock icon GP Batteries pumping in US$24m to boost capacity
      394 17  -  David Mok SINGAPORE Mainboardlisted GP Batteries International is pumping in US$24 million (5534.3 million) to increase its manufacturing capacity over three years, with a view to boosting net margins over 10 per cent in the long term. The firm's chief executive, Andrew
      Photo by Arthur Lee  -  394 words
    • Article
      Time for DBS to sell or raise Wing Lung stake
      682 17  -  HOCK LOCK SIEW By Quak Hiang Whai HONGKONG It has been more than three years since Singapore's DBS Bank took a 10 per cent stake in Hongkonglisted Wing Lung Bank. Has DBS Bank picked the right partner is part of
      682 words
    • Article
      Inno-Pacific pares interim net loss by 75% to $347,000
      373 17  -  William Chia SINGAPORE Paper trading and food group In no-Pacif-ic Holdings has reduced its interim net loss by 75.4 per cent to $347,000 for the six months ended June 30, 1995, against $1.41 million previously. Inno-Pac, which released its unaudited interim
      373 words
    • Article, Illustration
      MARKET MOOD
      52 17 Mixed 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 S
      52 words
    • Article, Illustration
      HOT STOCKS
      103 17  -  -By Paul Leo CITY Developments is likely to consolidate between $8.60 and $8.90 in the short-term. A move outside the range will result in a 30-cent move in the direction of the break. Relative Strength Indices are neutral with no clouindication from the moving averages. Yesterday's strong volume
      103 words
    • COMPANIES
      • Article
        Elec & Eltek profit jumps 31% on improved margins
        396 18  - Elec Eltek profit jumps 31% on improved margins By David Mok SINGAPORE Printed circuit board maker Elec Eltek yesterday posted improved 14.3 per cent profit margins for the year to June, on the back of a 31 per cent increase in net profit, and is confident of even better margins
        396 words
      • Article
        Sinar Mas unit to sell Chinese noodle interest to Perth company
        466 18  -  From Florence Chong in SYDNEY IN AN unusual deal, Singa-pore-based Aerolink Investments, a member of the Indonesian conglomerate Sinar Mas, will sell its interest in a Chinese noodle-making business for AS 109 million (S$ 117 million) to a little-known
        466 words
      • Article
        Compact Group steps into hotel business with Johor Baru project
        327 18  -  Agnes Wee SINGAPORE Aluminium specialist Compact Group is developing a hotel in Johor to capitalise on the state's buoyant economy and growing tourist arrivals. The move is in line with its plan to widen its earnings base. But directors have
        327 words
      • Article, Illustration
        Amcol sells stake in M'sian firm
        235 18 SINGAPORE Property and trading group Amcol Holdings is selling its 29.99 per cent stake in Malaysian property company Hock Der Realty for Ms 9 million (SSS.IS million). Amcol said yesterday the buyer of the stake, comprising 500,980 shares, was Low Eng Heng. He is
        235 words
      • Article
        Mayfran net earnings up 75.7%
        38 18 SINGAPORE Bedlinen maker Mayfran International posted a 75.7 per cent jump in net earning to $2.56 million for the year ended June, on a 24 per cent rise in turnover to SiB.3 million.
        38 words
      • Article
        More YHS shares placed out
        76 18 SINGAPORE Orchard Parade Holdings (OPH), which is in the final stage of a general offer for soft-drink maker Yeo Hiap Seng, said that Far East Organization, a party acting in concert with its subsidiary Jelco Properties, yesterday placed out 2.36 million ordinary shares representing about
        76 words
      • Article
        Vikay acquires Micrologic
        55 18 SINGAPORE Vikay Industrial said that it has acquired US-based Micrologic Inc for US$l.6 million (552.3 million). Micrologic designs and makes a satellite receiving navigation system used by maritime vessels. Vikay said it was not aware of any other reason that could have led to the increase in
        55 words
      • Article
        Guthrie denies rumours
        50 18 SINGAPORE The board of directors of Guthrie GTS Limited informed the Stock Exchange of Singapore yesterday that, contrary to recent rumours, Endang Utari Mokodompit, a major shareholder, was not selling its stake in the company, and that the board had not received any notification to that effect.
        50 words
      • Article
        CSA Holdings in discussions
        49 18 SINGAPORE CSA Holdings last night clarified that it is having discussions on several business deals, including an enquiry from Sembawang Corporation. However, there is "nothing conclusive". It said the company will make an appropriate announcement if any of these discussions have been concluded or materialised.
        49 words
      • Article
        UEL reports slight rise in net earnings to $4.6m
        247 18 SINGAPORE United Engineers Ltd (UEL) yesterday reported a 3 per cent rise in net earnings to $4.67 million for the half-year ended June 30 despite a 3 per cent dip in turnover to $144.49 million. However, results at the company level
        247 words
      • Article
        Venture's earnings up 23% on tax windfall
        216 18 SINGAPORE Lower taxes have helped boost electronics sub-contractor Venture Manufacturing's interim net earnings to $8 million, a 23 per cent increase over the year-ago period. Taxation for the six months to June came to .2 million, a 23 per cent decrease from taxes
        216 words
      • Article
        Untitled
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        509 words
      • Article
        Morgan Stanley offers global unit trusts in HK
        414 19  -  Group to launch same products in M'sia, Taiwan From Quak Hiang Whai in HONGKONG THE Morgan Stanley Group yesterday made available 20 of its existing global unit trusts to Hongkong individual investors and said it plans to launch them in Malaysia and
        414 words
      • Article
        Li Ka-shing, Citic venture wins bid to develop airport rail station
        333 19  -  Froa Quak Hiang Whai in HONGKONG A CONSORTIUM of two companies controlled by tycoon Li Ka-shing, along with China-backed Citic Pacific, has bagged a HKS7 billion (SSI.3 billion) contract to develop a property above the new airport railway station
        333 words
      • Article
        Lock icon IBM to make cards in US$13m China venture
        273 19 Bloomberg Business News SHENZHEN International Business Machines Corp said it had formed a US$ 13 million (5518.7 million) joint venture to make computer components in southern China, its biggest venture in the country. IBM teamed up with China Great Wall Group, China's
        Bloomberg Business News  -  273 words
      • Article
        Lock icon Shougang first-half profit up 42%
        84 19 Bloomberg Business News HONGKONG Shougang Concord Technology Holdings Ltd yesterday said its first-half net profit rose 42 per cent thanks to strong demand for the metal parts it makes for the electronics industry. A Hongkong-listed arm of Beijing steel giant Shougang Corp, the company said
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Pearson sells more BSkyB shares
        60 19 Reuter LONDON Pearson pic yesterday said the coordinators of the public offering of its direct stake in BSkyß pic had sold a further 21 million shares at 358 pence each. The sale means the over-allotment option available to the underwriters was fully exercised in addition
        Reuter  -  60 words
      • Article
        Lock icon Shanghai-listed firms convert shares
        86 19 Bloomberg Business News SHANGHAI Shanghai-listed companies have converted 67.4 million so-called "legal person shans" into publicly-tradeable shares to raise badly-needed cash, the Xinhua news agency reported yesterday. Legal person shares are a special kind of non-tradeable share that can only be owned by organisations. On Dec
        Bloomberg Business News  -  86 words
      • Article
        Lock icon Nasdaq plans scheme to give investors better prices
        506 20 NYT NEW YORK The Nasdaq stock market formally proposed a plan on Monday that would make it easier for individual investors to trade at better prices than they get now. The proposal, called Naqcess, would make it possible for the first time
        NYT  -  506 words
      • Article
        Lock icon NEC, Marcam to set up units in S'pore, US
        106 20 Reuter TOKYO NEC Corp said it will form systems integration subsidiaries in Singapore and the US at the end of the year in cooperation with Marcam Corp. For the first three years, NEC will provide the capital investment required for the
        Reuter  -  106 words
      • Article
        Lock icon Bondholders seek to block AT&T split-up
        277 20 Bloomberg Business News NEW YORK Two AT&T Corp bondholders are suing the telecommunications company to block its planned split into three independent units. The holders accused AT&T of threatening to assign much of its debt to the two weaker units that will emerge from
        Bloomberg Business News  -  277 words
      • Article
        Lock icon @Home, Netscape in pact for Internet access via TV cables
        296 20 Bloomberg Business News PALO ALTO, California @Home said it will license Netscape Communications Corp's Internet software to help connect personal computers to the Internet via television cables. @Home's system connects PCs to the global computer network using cable lines. Computer
        Bloomberg Business News  -  296 words
      • Article
        Lock icon Baltimore Gas, Potomac in US$3b merger
        133 20 Reuter PHILADELPHIA Baltimore Gas Electric Co (BG&E) and Potomac Electric Power Co said on Monday they will merge in a US$3.l billion (554.4 billion) stock deal, creating the nation's ninth-largest utility company in the biggest industry merger. The companies said they plan to slash
        Reuter  -  133 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon HK to free seven-day deposit rates in final deregulation step
        358 21 Bloomberg Business News HONGKONG The Hongkong government said it will ask banks to deregulate sevenday deposit rates in a third and final step to foster competition. The government, which rejected calls by consumer groups for further deregulation, decided its main
        Bloomberg Business News  -  358 words
      • Article
        Lock icon HK banks may have to reveal inner reserves
        123 21 Reuter HONGKONG The Hongkong Monetary Authority (HKMA) has said it will recommend the disclosure of balance sheet inner reserves in banks' 1995 accounts. The move follows the disclosure of transfers to inner reserves in banks' 1994 accounts, a statement said. The HKMA
        Reuter  -  123 words
      • Article
        Lock icon Paine Webber plans to trim workforce again to cut costs
        280 21 Bloomberg Business News NEW YORK Paine Webber Group Inc plans to cut about 150 jobs in all areas of the securities firm as part of a broad cost-cutting programme, the company said. The cutbacks are part of a strategic plan
        Bloomberg Business News  -  280 words
      • Article, Illustration
        Lock icon Replacing the rouble
        43 21 Reuter TBILISI, Georgia The vice-president of the Georgian national bank David Komakhidze showing a new Georgian banknote, 100 lari, daring a news conference in Tbilisi on Snnday. The new currency became valid from Monday and replaces the Russian rouble. Renter
        Reuter  -  43 words
      • Article
        Lock icon Philippine National Bank aims to become a regional player
        328 21 Reuter MANILA The state-con-trolled Philippine National Bank (PNB) is gearing up to become a major regional player after the government agreed to pay 21.634 billion pesos (SSI.2 billion) in settlement of a debt, bank officials said yesterday. "The president (of the
        Reuter  -  328 words
      • Article
        Lock icon PTT in talks with Kuwait and Aramco on long-term oil deal
        450 22 Reuter SINGAPORE State-owned Petroleum Authority of Thailand (PTT) is discussing a long-term oil deal with Kuwait Petroleum Corp (KPC) and Saudi Aramco in a bid to start oil trading in Asia, company and trade sources said. PTT is seeking
        Reuter  -  450 words
      • Article
        Lock icon Demand for gold tapering off: broker
        280 22 Reuter LONDON The explosive growth in gold demand in some Asian nations is tapering off but India and China should keep buying heavily through the end of the decade, stockbroker T Hoare and Company said on Monday. Physical demand is showing signs of maturing
        Reuter  -  280 words
      • Article, Illustration
        Lock icon Apply for a DBS Bank job via Internet
        144 22 SINGAPORE DBS Bank will advertise and recruit on the Internet from today. Overseas and local degree and diploma holders can complete and send application forms to the bank electronically, saving time and money. Other improvements to the bank's pages on its World
        Photo by Arthur Lee  -  144 words
      • Article
        Lock icon Merrill to manage Venezuelan privatisation
        216 22 Reuter CARACAS The Venezuelan government has selected US investment bank Merrill Lynch Co Inc to handle the privatisation of its aluminium sector slated for next year. "Merrill Lynch made the best offer from the technical point of view and economically it was the most competitive
        Reuter  -  216 words
      • Article
        Lock icon BHP in talks with Hanoi over tax on oil and gas field
        243 22 Reuter MELBOURNE The Broken Hill Pty Co said it is in talks with the Vietnamese government over the fiscal terms relating to the Dai Hung oil and gas field but said it is premature to talk about leaving
        Reuter  -  243 words
      • Article
        Lock icon Opec's price-setting role seen fast diminishing
        427 22 Reuter CALGARY The role of the Organisation of Petroleum Exporting Countries (Opec) as the price setter in world oil markets is fast diminishing with crude production outstripping global demand, say world oil experts. "We're in a world in which there is surplus availability of
        Reuter  -  427 words
      • Article
        Lock icon Iran says futures markets may provoke energy crisis
        262 22 ENERGY REPORT Knight-Ridder PUERTO LA CRUZ, Venezuela Iranian Oil Minister Gholamreza Aghazadeh yesterday said futures trading in the oil sector is increasing market instability, and may lead to a new energy crisis. He told an international energy conference that only economic fundamentals
        Knight-Ridder  -  262 words
      • Article
        Lock icon LONDON
        199 22 Reuter LONDON The dollar was firm against the mark and yen at the European midsession, keeping to the top end of the day's trading range. Activity was relatively quiet with little news for dollar direction and dealers still nervous after last week's dollar collapse. "The dollar has been quietly
        Reuter  -  199 words
      • Article
        Lock icon NEW YORK
        95 22 AFP NEW YORK The dollar firmed against other major currencies in New York early yesterday, benefiting from a weakening German mark. Gold, meanwhile, rose to USS 384.50 an ounce, up 80 cents from Monday's close. By mid-morning, the dollar was quoted as trading at 1.4405 marks, up from
        AFP  -  95 words
      • Article, Illustration
        Untitled
        1210 22 Trade-weighted index calculated againsi Sport s top 14 trading partners. Base year 1985 US$/S$ forward rates Noon Sep 26 ss ■U Offer 1-month 1.4)41 1.43M 2-month 1 4307 1.4322 3-month 1.4277 1 429; 6-month 1.4110 1.4200 Source: OCBC FOREIGN CURRENCY NOTE RATES fe at taa «a S* 2* Siagapore Mian
        1,210 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends off highs, Eurodollars flat
        1272 23 Reuter SINGAPORE Simex Euroyen futures ended firmer while Eurodollar futures closed little changed. Dealers said afternoon trading was quiet compared with the morning session, when news of Daiwa Bank's huge bond losses triggered some buying activity. March Euroyen traded in a 10tick band but
        Reuter  -  1,272 words
      • Article
        HK gold firmer but off day's high
        692 23 COMMODITY REPORTS Gold HONGKONG: Gold closed firmer on late short-covering and buying but retreated from its highs. Bullion touched a day's high of US$383.30/80 an ounce before closing at USS383.20/70, compared with the local opening of USS382.70/383.20 and New York's USS382.60/383.10 close. "The
        692 words
      • Article
        Zimbabwe gold output set for record
        88 23 JOHANNESBURG Zimbabwe has lifted gold output in the first eight months of this year to 15.87 tonnes and is on course for annual output of a post-independence record of 23.5 tonnes, according to the country's Chamber of Mines. A spokesman for the chamber said
        88 words
      • Article
        More sunseed, soybean in Argentina
        111 23 HAMBURG Sunseed and soybean in Argentina might well benefit from the severe drought as sowings of the drought-resistant plants could be increased, said the weekly newsletter Oil World. Despite lower prices, sunseed sowings might be boosted to three million hectares for harvest early 1996, up
        111 words
      • Article
        22 bid for India's oil, natural gas
        72 23 NEW DELHI The government has received 22 bids from foreign and domestic companies to explore for oil and natural gas in India, the Petroleum and Natural Gas Ministry said yesterday. A statement from the ministry said the bidders sought to explore for oil
        72 words
      • Article
        Nickel to retest US$10,500 per tonne
        63 23 LONDON Three-month nickel is set to rechallenge January's London Metal Exchange high for this year of USS 10,500 (5515,120), according to an analyst. The steady LME stock drawdown and "soaring" stainless steel production will support nickel prices above US$B,OOO, and see it climb to
        63 words
    • Article
      COMMODITY PRICES
      1317 23 SKOMFibm Rubber (futures closing M at 5.30pm) WlCltm (Scents/kg) Close Volume Ooen Month High Low Sett (tonnes) Interest Oct 95 I I 197.00 50 200 Nov 194.00 2000 Dcc ***** IS2S Ian/Mar 96 193.25 190.00 190.00 450 3000 Apr/Jun 96 194.00 191.30 192.00 600 9000 ful/Sep 96 192.50
      1,317 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        937 24 -2.1 SHARES closed weaker yesterday after what brokers said was a volatile day influenced by the misfortunes of BHP, under pressure over a Papua New Guinea compensation claim. "BHP's performance was indicative of what the market is like at the moment," a trader said. "The stock is in damage
        937 words
      • Article
        Manila
        569 24 •35.04 Share prices fell as investors, led by foreigners, sold heavily. "There was a lot of foreign selling today," a broker said. "There was no good news to lift the market. Local players would rather stay on the sidelines." The PSE Composite Index dropped 35.04 points to clpse at
        569 words
      • Article
        Taipei
        442 24 -65.74 Share prices finished lower amid profit-taking with most of the eight major categories suffering losses. "Short-term profit taking dominated the market as individual investors and financial institutions consolidated their holdings following a rally on Monday," said a dealer. The 321-issue Weighted Price Index fell 65.74 points to 5,094.42.
        442 words
      • Article
        Seoul
        428 24 •1.38 Stocks were mixed after three days of declines as securities and financial shares rose on buying by foreign investors, while issues in leading exporters and state monopolies fell on institutional selling. Institutional investors, such as brokerage houses and insurance firms, increased selling to realise profits for the first
        428 words
      • Article
        New Zealand
        273 24 -5.48 Bargain hunters helped lift the share market off its session lows by the close. The NZSE-40 Capital Index closed down 5.48 points at 2,092.46. Volume was NZ533.7 million. Typical of the day's trend was trading in Telecom, which closed down four cents at NZ$5.B6 but off the
        273 words
      • Article
        Bombay
        101 24 +29.51 Widespread speculative buying triggered by expectations that carry-forward trading would be revived shortly pushed shares sharply up, brokers said. The 30-share BSE Index ended up 29.51 points to 3,518.11. The 100-stock National Index rose 11.33 to 1,603.23. "Everyone's pretty bullish on the forward trade," said a broker. "The
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    • WORLD STOCK MARKETS
      • Article
        Untitled
        581 24 flnlM GMk Bid Offer Mim Cap Depot* 31(400 *****0 Mia Join <5* 0.1*93 0.1992 Mim Mai income ****** ****** L'SS Cmk Income Pta Fond 9.9700 10.3100 PSStancFad *5.1700 *5.5(00 0.4592 ***** Far EaaC Faad *2 7450 ****** Man Portfolio 2.12(0 2 3010 UKGroxfeFwd *5.7)00 *4 1000 MIMBrAaEqwqrt ****** *2 1520
        581 words
      • Article
        London
        603 24 +1&3 UK STOCKS rose, hoisted by Glaxo Wellcome after an Aids study found patients using a combination of drugs, including Glaxo's AZT, live longer. Shares also drew inspiration from a steady dollar, a stronger bond market and an energetic open in New York. Gains were capped, however, as inventors
        603 words
      • Article
        Paris
        137 24 +&42 French shares traded higher but the market lacked conviction and was mainly underpinned by basket trades related to the new account which started on Monday. The statistical office said that consumer spending in August eased 0.6 per cent after a 3.6 per cent rail in July. The July
        137 words
      • Article
        Frankfurt
        188 24 +19.44 German stocks rose, rebounding from last week's lows on a rising dollar and surging shares of software house SAP AG. The DAX Index of 30 shares rose 19.44 points to 2,227.85, pulled up by a 4 per cent gain by SAP AG and renewed interest in chemical shares.
        188 words
      • Article
        Brussels
        208 24 +1&40 Belgian stocks rose, boosted by higher bonds and a recovery in the dollar. The dollar gained on expectations that the Federal Reserve won't reduce interest rates when it meets. While lower rates make assets denominated in a given currency less attractive for investors, a higher dollar is good
        208 words
      • Article
        Milan
        158 24 ♦124 Italian shares rebounded strongly after Monday's losses reflecting the recovery in the dollar which helped the lira to firmer level and stronger bonds. Shares were marked higher across the board but buying was patchy as investors awaited details of the Italian budget and a string of major corporate
        158 words
      • Article
        Amsterdam
        245 24 +3.96 Dutch stocks closed higher, supported by a rising dollar, Europe-wide gains in bonds, and a surge in the shares of KLM Royal Dutch Airlines. The EOE Index rose 3.96 points to 469.10, boosted by gains in ING Groep, food and cleaning products producer Unilever and publisher Wolters Kluwer.
        245 words
      • Article
        Stockholm
        103 24 +10.81 A stronger crown, falling bond yields and a positive global trend supported the Stockholm bourse, brokers said, although the market closed below the day's high. "Investors are steering away from the export sector and are looking to domestics," said a broker. The OMX Index climbed 10.81 points to
        103 words
      • Article
        Zurich
        231 24 +30.2 Swiss shares closed higher, boosted by the weaker Swiss franc and led by financials. The SMI Index closed 30.2 points higher at 3,045.5 and the SPI Index rose 18.72 to 1,983.58. An analyst said declining Swiss interest rates and a weaker Swiss franc helped boost the SMI to
        231 words
      • Article
        Johanessburg
        334 24 -9.4 South African shares ended a very quiet day hardly changed as market participants stayed away after the three-day weekend. A dealer said firmer precious metal markets could give golds a boost later in the week and the JSE would generally be looking to continued strength in key international
        334 words
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        Toronto
        201 24 +ILB6 Stocks rose early in light trading with metal and banking stocks leading the move higher. The TSE 300 Index climbed 11.86 points to 4,533.16 on volume of 14.1 million shares valued at Csl92 million. Advancing issues outnumbered declines 171 to 164, with 265 issues unchanged. "The market is
        201 words
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        New York
        641 24 ♦19.15 Stock prices remained moderately higher in active trading early yesterday, buoyed by bonds initial strength as financial markets awaited the outcome of the federal reserves policy meeting. The Dow Jones Industrial Average, which edged up 5.78 points on Monday, was ahead 19.1S to 4,789.08 at 11am EDT.
        641 words
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      Lock icon HONGKONG
      2506 25 Bloomberg Business News HONGKONG Stocks rose to their highest levels in a week amid optimism interest rates will eventually decline even if the Federal Reserve doesn't ease credit tonight. "People don't have high hopes on the Fed, but they're looking further out," said a dealer. The Hang Seng Index
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      Lock icon CHINA
      624 25 CLSA WHILE all major CLSA indices rose moderately, the Shenzhen B market failed to follow suit, falling 4.46 points to 732.12. China Travel lost 2.1 per cent due to poor interim results on low volume. Qingling Motors gained 5 per cent on heavy turnover of US$l.3B million. Turnover was
      CLSA  -  624 words
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      Lock icon TOKYO
      2417 25 Bloomberg Business News TOKYO The main index rose 2 per cent, posting its first gain in a week, as Japanese institutional investors bid up shares of companies most likely to benefit if the economy revives. The Nikkei Average rose 3SS.SS points, or 2.02 per cent, to 17,921.98. The Topix
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      Lock icon BANGKOK
      1507 25 Reuter BANGKOK Stocks finished slightly higher as the market ignored a decision by Defence Minister Chavalit Yongchaiyudh to overrule army promotion choices. The SET Index rose 2.27 points to end at 1,302.80 on a sluggish 3.55 billion baht turnover. Winners outnumbered losers 162 to 100. Stocks of hotel, machinery
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      Lock icon JAKARTA
      1106 25 Bloomberg Business News JAKARTA Stocks fell as worries about Indonesia's declining trade surplus caused a sharp fall in the value of the rupiah. The Composite Index fell 0.49 point to 493.06. Leading the declines were the international phone company Indosat, cement maker Indocement, the foreign shares of Astra International
      Bloomberg Business News; Source: Bridge Info  -  1,106 words
    • Article
      CLOB INTERNATIONAL
      2402 26 Gt Gr MJ LaM V«l On UmQwi OH Dh W IM MO« M*» lam Saw Ci |i j Sdb W- CM) Hi* La. Safer O P/E W f~■"mo'aBI 50c M net 100 SO W W )M 3 0 -2 9 02 3979 127 77.S a 5001 AMDS 50c
      2,402 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Inflation and interest rate worries hit sentiment
        6347 26 Bloomberg Business News KUALA LUMPUR Stocks fell as investors focused on the economy rather than the two biggest stocks, Tenaga and Telekom, which have supported the index for more than a week. "Persistent worries about inflation and interest rates are weighing the market
        Bloomberg Business News; Source: Bridge Info  -  6,347 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        9093 27 MM lM Vai Day UmQm M» Dt* YM Net Cap A»f High L« SM Ci ll| u Sab (TIM) High La* Buyer Seller Cw P/E Smil Price MDUSTVML AND CO—IK Ml. 210 in 1251 Acer 50c US 190 unch 2303 195 190 190 192 J19 314.5 520 362 mt 1000
        9,093 words
      • Article, Illustration
        Lock icon Second liners shine in day marked by married deals
        1798 28  -  By Paul Leo SINGAPORE Stocks were mixed yesterday, with married deals featuring prominently. The Straits Times Industrials Index, in spite of a 6.21point boost from Cycle and Carriage, managed to rise only 1.55 points to 2,120.26. CCL's contribution to the index
        Charts by Bridge Info; Source: Bloomberg  -  1,798 words
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      488 17 NEWS VALUE BiHimn I||||USSI.II»>HJ Question is, what kind of book-keeping, and auditing, allows the losses to be hidden over a period of 11 years? VOMHHpniMiloMdtoitiblndnnpricQiforiit (P8 0 Book-building method of price-fixing likely to result in punters staying away. Tub Stag nates provWaa for aborted M (this pg) Amount is relatively
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      186 18 FOR SALE BY TENDER Three Street frontages Passing Income $4.46 M N.L.A. 16 000m 2 (approx) 65 carspaces lenders to be submitted by Thursday, 26 October 1995 Contact: Jim Williams or David Ling lei: (65) 220 3888 Fax: (65) 221 5775 45th 46th Floors, Shell Tower, 50 Raffles Place, Singapore
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      352 18 I PLAN. CREATE, DEVELOP MAINTAIN A WINNING AND POWERFUL I J CORPORATE IMAGE 8 POSITIONING I Crucial strategies tk techniques including: Utilising Corporate Communications and Public Relations Techniques off™/ PMim*nn< to Build a Strong Corporate Image I Creating and Dw*eloping Winning Corporate identities Successful Ways io Inteorohno Corporate wilh Brood
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      178 19 f This announcement appears as a matter of record only @3 ErS T T PROPERTIES SDN BHD RM190,000,000 and U5525,000,000 SYNDICATED CONSTRUCTION FINANCING FACILITY Severally Guaranteed By: Cheung Kong (Holdings) Ltd New World Development Co Ltd Tern Fat Hing Fung (Holdings) Limited Lead-Managers Arab-Malaysian Bank Berhad The Hongkong and Shanghai
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      4 19 Tele-Games "1 I^ndoOKSewSSrcSluilH Cm*
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      266 19 This announcement appears as a matter of record only BANGKOK BANK OF COMMERCE PUBLIC COMPANY LIMITED U5560,000,000 CREDIT FACILITY Arrangers AFC Merchant Bank Banque du Commerce Ext£rieur, Singapore Branch Canadian Imperial Bank of Commerce, Singapore Branch Kookmin Bank Overseas Union Bank Limited Senior Managers Korea Long Term Credit Bank NDC
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      746 20 RAFFLES FINE ARTS AUCTIONEERS ASIA FINE ARTS AUCTIONEERS INTERNATIONAL ASSOCIATION OF AUCTIONEERS Audemars Piguct *****,000 *****,000 Gerald Genu 5540,000 5545,000 AN IMPORTANT SERIES OF AUCTIONS.— Straits Chinese Ceramics, Jade Carving, Fine Watches Jewellery Sunday, Ist October 1995 at 6 p.m Pottery Figurine, Jade Carvings, Paintings Fine Chinese Snuff Bottles Sunday,
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      615 20 S- 1 "X <e> The Bank of Yokohama, Ltd. I (Incorporated in Japan with Limited Liability) Balance Sheets Statements of Income March 31,1995 and 1994 Years ended March 31,1995 and 1994 Millions of Yen Millions of Yen 1995 1994 1995 1994 ti. Incofl^^. Cash and due from banks V 1,100,324
      615 words
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      263 21 (American film legend, 1926-62) Gold-plated Quartz Watch (Marilyn Monroe s signature on leather strap) $55 y Gold-plated Quartz Pocket Watch and H $55 each Collectible Card consisting 24-K Gold Wafer of United States 32-Cent Stamp and two Uncut US$2 Banknotes .pV_ Individually numbered $48 JHrfe y I MBSISm --B j
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      45 22 This announcement appears as a matter of record only. SAFE BINTAN RESORT LIMITED SAFE BINTAN RESORT LIMITED 5553,000,000 5 7/8 PER CENT. BONDS DUE 2000 Arranger and Lead Manager Soctete Generate Singapore Merchant Bank Limited Issuing and Paying Agent Soctete Generate, Singapore Branch September 1995
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      50 22 HE2E33&3HI You may have been unable to get your Business Times, Straits Times, Sunday Times, UanHe Zaobao and other dally newspapers from your usual newsstand because of the higher demand lately. To ensure a dafy copy, call Customer Services Section on 1800-749-2577, and ask tor home or office delivery service.
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      213 23 I With a worldwide team of 125 multi-disciplined I professionals and a network of international offices, I OCRA provides confidential and cost effective company H I formation in all the major low tax areas including: B •BRITISH VIRGIN ISLANDS "CAYMAN ISLAND I 'IRELAND •MAURITIUS JERSEY I •SEYCHELLES SAMOA "BAHAMAS Full
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      22 23 w As and when the latest London/ '4 Rotterdam prices are not available, the previous trading day's dosing fignref are carried instead.
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      188 25 What makes this clock The difference is unlike any other clock in the world night and day. B While some clocks claim to offer world time, only GEOCHRON shows you complete global time in vivid colour. Its everchanging. illuminated map actually replicates the earth's rotation allowing the GEOCHRON to accurately
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      74 27 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, vou can prosper through a wide range ot investments. Local and Poreign urrencx lime Deposits. I nlixed rime Deposits. 1 oreig.n Currencies. Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1S00) 225-5225 tor your
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      775 28 Stock code number for Quick Stock Portfolio Manager service and real-time stock info. Call 1900-913-0003 at 30 cents a minute. "}{?&)<_`?@-_;;[?!;^%@)(,'%:`!= ftD*? GP BATTERIES INTERNATIONAL LIMITED 1. u (Incorporated in the Republic of Singapore) ANNOUNCEMENT PROPOSED ISSUE OF U5535,000,000 PRINCIPAL AMOUNT OF 2.25 PER CENT. UNSECURED BONDS DUE 2000 ("BONDS")
      775 words
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      229 28 THE COMPbMEI ACT. CAP. U. (■iMart^VMMrvUqriMori AtanEabaordbiaiyOanemlhlosdng of to* abovanwnad Company duly convened and held at lOAnaonßoed *25-iSlntsmabonainaza Singapore 07*03 on 2UWIMS toe Mnhif Special RoeoMtona tmm peeeod> 1. RESOLVED M toe Company boentatdupvotatortypunuort to Section 290(1 )(bj of the Companlao Ad. Cap. 50. 2 RESOLVED toat Mr. PMa Um
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      216 28 flngapora Cto«Jng Share Mom 26/09/1996 clom mm low mm ill rnrnmm- 7j09 7.10 TJM 7m tw a* a.lO JSSSiSSiii 1,71 i-n 1 m lO MM Ml MM Putoiahed by Jardne Fleming International Securities Umed (Incorporated *1 MHI Wgn WHd) BUSINESS TIMES TOLL-FREE TEL. No. FAX:74I-12» Secretarial Personnel A self motivated
      216 words
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  • BusinessTimes ShippingTimes
    • Article
      Lock icon DAILY FREIGHT
      524 29 Knight-Ridder Reuter THE week started quietly in the London freight market with brokers reporting only a limited amount of fresh chartering enquiry. Caper rates continue to be regarded as potentially softer in the Atlantic, which is the principal reason for a further fall in the Baltic Freight Index
      Knight-Ridder; Reuter  -  524 words
    • Article
      MARITIME STOCKS
      325 29 SES 'OOP s«f 26 S$ Vol CWT Distribution 1.50 unch 355 Chuan Hup Holdings 1.33 -0.01 428 Cosco Investment 1.99 -0.05 448 Far East Levingston 6.05 -0.05 264 Freight Links Express 0.765 +0.005 165 GB Holdings Ltd 1.17 +0.02 998 Hai Sun Hup Group 0.97 -0.03 1498 Hitachi
      325 words
    • Article
      S'pore container throughput hit record 1m mark in July
      465 29  -  Yong Mei Fong SINGAPORE The port of Singapore, for the first time in its history, handled one million containers in just one month. Since March this year, its throughput had hovered close to the millionth mark. It finally hit the figure
      465 words
    • Article
      PSA plans annual maritime week from next year
      360 29  -  By Alec Almazan SINGAPORE Singapore Port Authority (PSA) will for the first time host an annual week-long maritime event, the Singapore Maritime Week, from March 25-30 next year. The event will bring together two leading international conferences: Singaport, Asia's largest maritime exhibition
      360 words
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      Viet govt acts to resolve container crisis
      543 29  -  From Tran Diah Thanh Lam in HO CHI MINH CITY THE Vietnamese government has stepped in to resolve a major container crisis that has plagued its main ports for months. Prime Minister Vo Van Kiet played mediator to settle a simmering police-transport ministry
      543 words
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      Lock icon Tanker rams HK jetty, some oil spilt
      132 29 Reuter HONGKONG Shell Hongkong Ltd said a tanker rammed a jetty at its Tsing Yi terminal, causing 20 tonnes of oil to spill. The tanker was the 65,000dwt Ocean Triumph, owned and operated by Cosmo Tankers of Japan. There was no major damage
      Reuter  -  132 words
    • Article
      Shipping community must maintain bonds forged at Apsco
      708 29  -  WMITT—I A regular comment column on shipping events that make the news By Seafarer Perhaps it was to be expected at such a forum, but one of the things that stood out at the recent Asia Pacific Seatransport Conference (Apsco) was a
      708 words
    • Article
      Lock icon Top officials stress safety and better training of crew
      300 29 Maritime Cyprus conference AP NICOSIA, Cyprus Top shipping officials at an international conference on Monday stressed the need to improve shipping safety, claiming widespread incompetence among seamen has caused an increase in fatal accidents. Juan Kelly, chairman of the International Chamber
      AP  -  300 words
    • Article
      Lock icon Cyprus to upgrade shipping register
      249 29 Reuter NICOSIA Cyprus has begun implementing a plan to upgrade the quality of its ships and improve their administration, the island's Communications and Works Minister Adamos Adamides said on Monday. Cyprus' shipping register is the fourth largest worldwide, with 2,600 ships listed with a gross
      Reuter  -  249 words
    • Article
      Lock icon Indon shipyard may have lost US$27m
      178 29 Reuter JAKARTA Indonesia's state-owned shipyard PT Dok Dan Perkapalan Kodja Bahari, which is building vessels for Swedish, German and Dutch customers, may have made losses of US$27 million (US$3B.B million) on some of the deals, the Jakarta Post said. The newspaper quoted a State
      Reuter  -  178 words
    • Article, Illustration
      Suez Canal cuts fees to keep afloat
      1129 30  -  Egyptian canal authorities realise they must reduce high tariffs to compete with alternative routes for business, reports John Prescott John Prescott -jr ITHIN the past few uj months, a JJ string of dis- counts has Jjbeen negotiated by users with £he Suez Canal
      1,129 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      502 30 Page ABC Cont 16 ANL 3 APL 12 Able 7 Accord 8 Ahlers 6 Ahrenkiel 4 Antaco 13 Appenship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 8 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br 15 Blue
      502 words
    • Article
      THE SHIPPING GUIDE
      9878 38 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed bv the ETA at the destination. The page n The page number refers to the location of the schedule advertisement ETA ETA AAfWltor Vessel Voy»g« P| SIM OMt'R Mm Nine
      9,878 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        696 47 U** Voy No Bwth Anted P+pyture fTTSapa Jaya 2/95 J1 alongside 27.09/1630 (IT) Sinar Baru R19 7/95 J1 alongside 27 09/0230 Safi 2 J4/5 alongside 27.09/2300 %tt)s Orion SW16/95 J2 alongside 2 7 09/0800 itacn Mum J9 alongside 27.09/0030 Wt- J18/19 along side 27 09/0700 Putra 09/07/95
        696 words
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        CONTAINER SCHEDULES
        1373 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsKs Ship Voy No Etb/Btr Portod From To From Acx Jade 257B 28/1700 2A 26/1700 27/0659 27/0900 3 27/0700 27/1159 Z1/\ 400 4 27/1200 27/1459 27/1700 Acx Lily 067B 29/2359 4 27/1200 27/1459 27/1700 AK America 0039A 28/1100
        1,373 words
      • Article
        GLOBAL HOLIDAYS
        214 47 SEP 28 Antral!*: State holiday in Victoria, Melbourne Show. Talwaa: Teacher's Day. SEP 90 Botswana: Independence Day. OCT 1 Botswana: Public holiday. China: National Day (to OCT 3). Cypres: Independence Day. Nigeria: National Day. OCT 2 Australia: State holiday in NSW/ACT (Labour Day), South Australia (Labour Day) and
        214 words
    • Air & Land Transport News
      • Article, Illustration
        Lock icon Car makers zoom in on explosive Thai market
        584 48 Reuter BANGKOK Bangkok's infamous traffic jams have done little to dampen Thailand's love affair with the car, and many of the world's major car makers are trying to cash in. They are building factories in Thailand or expanding existing facilities to grab
        Reuter  -  584 words
      • Article
        Lock icon Ford forms car parts venture in S Korea
        166 48 AFP SEOUL Ford Motor Co of the US signed an agreement here yesterday with Mando Machinery Corp, a subsidiary of the giant Hall Business Group, to set up a US$2B.6 million (5540.9 million) car parts company in South Korea. The new company,
        AFP  -  166 words
      • Article
        Lock icon Foreign investors in Vietnam to lose right to import cars
        186 48 AFP HANOI Foreign investors in Vietnam are to lose the right to import cars without paying duties and will be forced to buy local models or pay the 200 per cent import tax, an official said yesterday. Currently, foreign investors
        AFP  -  186 words
      • Article
        Lock icon Manila seeks to become Asia's cargo hub
        373 48 Reuter MANILA The Philippines will become a hub for cargo transhipment in South-east Asia with the entry of US cargo handlers following liberalisation of the business, a senior government official said on Monday. Transportation and Communications Secretary Jesus Garcia told a news briefing
        Reuter  -  373 words
      • Article
        Lock icon Mercedes to lay off 1,600 in Brazil
        98 48 Reuter RIO DE JANEIRO Mercedes Benz do Brasil, a Brazilian subsidiary of Daimler-Benz AG unit Mercedes Benz, will lay off 1,600 workers from its plants in the country, the company said in a statement. "Mercedes Benz do Brasil, given the inevitable need for
        Reuter  -  98 words
      • Article
        Lock icon Jet Airways rules out MAS stake
        112 48 Bernama NEW DELHI Malaysia Airlines' proposal to have an equity stake in India's Jet Airways has been ruled out by the latter, thus ending a year-long speculation, Calcutta's Business Standard financial daily said. Jet Airways, in which Kuwaiti Airways and Gulf Air hold 40
        Bernama  -  112 words
      • Article
        Lock icon ANA wants 2 direct Rome flights
        82 48 AFP TOKYO Japan's All Nippon Airways (ANA) said yesterday it had applied to the Transport Ministry to operate two direct round trips a week between Osaka and Rome from Dec 21. If approved, this will be the first direct service between the two cities,
        AFP  -  82 words
      • Article
        Lock icon Group wins HK rail station tender
        114 48 Bloomberg Business News HONGKONG The Mass Transit Railway Corp, which operates Hongkong's underground railway system, said Cheung Kong (Holdings), Hutchison Whampoa Ltd and Citic Pacific Ltd won a tender to develop Tsing Yi Station, a part of a proposed railway to the territory's new
        Bloomberg Business News  -  114 words
      • Article
        Lock icon Aussie govt to lose A$2b if airport sale is stalled
        293 48 Reuter CANBERRA The Australian government's planned sale of its airport leases, which the conservative opposition has said it will block in parliament, would cost the government As 2 billion (552.2 million) in lost revenue if the opposition proceeds with its
        Reuter  -  293 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1424 48 AIRCRAFT ARRIVALS DEPARTURES tag n» m mm n» Mn Ml OKI56 1735 GA984 0310 9Q442 3000 0K1S7 2020 SQ227 2030 «=55 taaMw KL831 0925 KL832 2300 GA883 0866 SQ328 2366 SQ323 1566 tmMmt NZ021 1820 NZ022 1940 SQ288 2Q50 SQ285 2Q45 M kpa BM19 0900 9Q182 0915 ***** 1410 BM20
        1,424 words
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      1350 30 I I QW destination* I I I twcroAU.towWlfoo.wnao t lflwc^4»cll»tiiraMWlMMMMM W W mm u m va w ma ok «t moorr warn Iwr m wa mum imih rruut mi majwu mm<bblk»m«l na? M ompMUM 77 mi iv» ivn ivm ivn h/n i;/m u/m wn WN h/m E2 5/2 JJ/!? 2?
      1,350 words
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      Page 30 Advertisements Column 2
      191 30 A.. I rnnfut—4 K« v uno* ana ttmcw reprtMiitM oy Mooters «l Mm RtaMry o* <tuiii< (ilSl; Shipping Ajwti, Sinjiport NltlOMl uMSSHu ftMpptog AooodoNon. ■Or KMIWI enQUrJCS, COrndCl OfWppfHg I mm*. V 740-2089 BUFFALO 2MB 01/10 A*WVtt*rtJKAIOTIW ■hereke 4 03/10 osrto tmmmm> I IfaTSAB JsdiMi/Acpta/RBMnna /Pi Said I ■OOKCEU Jsddrt/AqgtM/ftoMnna/PtStfd
      191 words
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      2208 31 EXPORT TO: TO: JEDPAH/UK/CONTINENT |VHSa VOY SM rDAM H'IURG ftUVIN S7ON UN AISO ACCEPTING CAIGO FOB: TO* IMS »/W IS/10 17/1# 19/19 GLASGIOW GRANGEMOUTH M** SS9S 91/19 13/10 19/19 2S/19 11/19 23/10 ku c BUUS I SOS 99/19 H/19 14/19 19/19 19/19 W,D |WH)UOTP ASIA 349S 19/19 19/19 91/11 91/11
      2,208 words
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      1037 32 I h A A v Am V m A I Vf V 1 A' M t:^M^^—l i^^^^^^^^^Mirnnn7V«n7mT9X9^nnßy|TT||n|qir^H^^H 1 wr awtfOK jeiom m' sounmroi mmm wnaom ~mm maw j: -wwißng? m m m m m 17/10 SSwp ffih-%h-^—> **—ffi —M —gas—m—^ 8 m £*o M ~Wio m~ ffii iff ~W~ j.
      1,037 words
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      Page 32 Advertisements Column 2
      1206 32 I NORASIAI vn«L voy smalolas aa. valham bm rot ant fnl lha I RORAMAMAAMM HH 2SM 17/11 Ml Ml 21/11 21/11 21/11 2¥M tVW Ml s. motivator BMimiviiaii»iim»iwimnM»!m I KA MTIATIVf MMT 11/11 IVII »1l WII WII |«|1 Wll W1 W NMASW MALTA 1541-3 I*ll 07/11 M 1 11/11 12/11
      1,206 words
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      Page 32 Advertisements Column 3
      547 32 JAPAN/HOMQKONQ/STIIAITS REGULAR SKRVICS LOADING FOR PORT KLANQ/PENANQ mm. m rpowt p.ouomm pm [pa BB 2 »u» no wrt mNp tBB w «t» iw oonojm i iu> mpt JUUPAOWC I MPT laMP At BAR X MPT |aMP mMMHOwwrr i a» ump EABTBMHBM a tIOCT MOCT TAMA OMAN 1 MOCT tIOCT MOCT
      547 words
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      1171 33 jnisTRAITS SHIPPING PTE LTD 11 No« ChiM| Rood 111-fl Koppol Tswort »<»S«MfO 8288 T>l: *****88 F«i: *****17 r Ss¥?«®" >mm n*t.u».a nn%* as* tioo CAMKAJNM42 VHIK KX. Ikaa, tti M4IM MM 17 Od W.I*«W——iWMK—«IQWHIIIIW> STUNTS HOPE VHIIC Han,lK,Life MM MM HOd OfiSKMCE SOS »iwNTSIM VMM MMra, Lit. KX 1011 Oct
      1,171 words
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      Page 33 Advertisements Column 2
      1678 33 Wbrt flflTltflltlCTfi (Singapore Agendea) Pte Ltd :|:f First Class Connections WORLDWIDE CE Number 1Q4900 *****Z ■Tlllll II I MMllilllll It T' i- j iMljl llls is:r i'HHii£3 ii r= ss r s mss ris n wbueSa* 221 SSS SS 222 2T° ano lmwmamk Boos omn/n om ira wx 01/10 ano
      1,678 words
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      Page 33 Advertisements Column 3
      128 33 ■MOW 0M IRM I TOR TVT I P«L lOUTWMHD PH. M NRB OH |MB| TO TIY wunmmm-mrnmn-BM jmtwrTtwmmKmmnm —wtowwm wilwulwrlml MOTPotug/MM~ -IMM I mm POT I «7/w »wwl MmMm WW VWH wwUJ ttnf\ ummMmnm fij map wi mT ww w-wrwlMOTrauiaEOT £BL3&m» SOS. I HAMMER *111 S7/W lOTWWI WW WW la-arWMOTPBMUI/MM
      128 words
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      1094 34 V M ■■N n I I bh l «T M l J f l k A m 1 I I b4 k i M I M fc- J B I I I «^^h— ran W)M AIM HM THP LHV LHV THP ROM ANN HM PU. |l ««*OWMIT JM WW >1/11
      1,094 words
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      Page 34 Advertisements Column 2
      536 34 ■«na WT MP M MU MM MM NTT Ml iMOMWMO HMHH MM IVW IV* IVM WW uNCMMT m/4a» 07H 17,19 WW WW WW IVW IV* UMQWWM M*g|» IVII 2VIJ 7*ll Wl IT/* WW Wll |«LM«anMra.wMM.MMM.MiiuMMa Mutur m QMooti mm buub m mi mm *y«om mmmm *uo ttanm mm cm 1
      536 words
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      Page 34 Advertisements Column 3
      487 34 UTWL: *****33 (12 UNES) WUfc *****18/*****03 TELEX: R8 ***** HBHP gUnw) Z CR NO; **********0E ACCEPTING FCL AND CO* VENTIONAL ESS I IT* Lowflng tor Abytrt 41WB ano MlWnal I 40WB 07/12 MornbM>. pptxxjt H KKN HUMS UHeI FULLY CONTAINERISED REGULAR UNER SERVICE ACCEPTING BOTH FCL/LCL ALSO BOrtSOC SXrOIT TO«
      487 words
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      1272 35 UHAMfH *Wg* "w <p* Tma—n)u»im kmnm*.' *»••*>-»•* COSTAR SHIPPIH6 PTE LTD '&&£Mr"" j"**!* mm »—i.^aw, V MNHN NV wlr-Wm -J'.f J,, J w M CVMNMIff. fUMi fiW/N fn—ffiii it«<;ij IMMfDmrl SJfa'l323 mm rtKtmm tn**M tm Otttmru tn»m—t UttTU ffr&EZmm.* &&2E£r, .mzmum m l i rw. n-msittnsi fu irttuui 6w 3
      1,272 words
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      Page 35 Advertisements Column 2
      561 35 HEUNG-A SHIPPING (KOREAN FLAG) [II 11 ilfllflMWlW 3>W° 9500 M l" I NBJN6-A (STORi) PTE LTD STRAITS TRANSPORTATION FT! UD mmmvLnnm «mniu nam nL-m-nai m -mn*mm/mjmmmm (si dongnama line i OWFWWBMMW WW HP In m m acm mmmwi n/n e/w «vn n/n is/w w/n ■MM V/N R/M N/N 0/N B/N
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      Page 35 Advertisements Column 3
      490 35 jf FAMOUS CONTAINER UNESI 80 ROBMSONRQAO, #22-02 SMQAPORE 0106 y HOT UNE: *****33 (30 UNES) I INDIANSUB-CONTINENT I ccoeo BEST RATES OFFERED CALL US NOW 2 2 4 18 3 3 MAHESH BABY LEE j! JI PENANQ PR 0804******7 (10 UNES} J. BAHRU PH: Q207-****** T \jjM^aftUHMBLIWPC:fOWMMIIOgttWM tH> t i
      490 words
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      Page 36 Advertisements Column 1
      1062 36 H BBBBH wwa «•< j«n- vcbbcl vov *N I w AHA BHUM MM Sat 1 OUMJ BHUM 5146 wW Tua I PS/io" M V L 0000 easy* in ~M am "niT" ovio~ thahabhum mw won 02/10 wad 04/10 H MATHU BHUM* »6N Wad to* |BM 30/06 juSuiHUM 221S Si »M
      1,062 words
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      Page 36 Advertisements Column 2
      876 36 79 ANSON NO AO, §21-01, SINGAPORE 0207 CN i **********0N 1 AunuiAiTßßiii'iTTi AMmtiijtm wHVIV» 1 PORT KLANQ I PgWAHQ vtna m 8w m warn DOT m I KWSSA 004N 2&O9THJ 2909 FRI B DRAGON WAS 55N 3MBSAT 02/10MON EAGIEMOON 103 A 2808THU """inBSAT B XQURTINGGi 9601 a 01/10 SUN 03/10TUE
      876 words
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      Page 37 Advertisements Column 1
      697 37 iiißSfli WBk MYANMA UfetßHk FIVE STAR UNE 1 (MyMMor Notloooi Um) Londlifl foe Yoifoi (Rm|oo«) msa vor sm kg m roi DM AM !W SIR I PRBAN 223W 27/09 NALAYSIA AGCMTV OONSTIAO SMPPMG AGCNCKS ML IH M-M-*****00 PtL- TE M-01-J7MIOI IE 01-04-*****02 WO; IE 02-07-*****21/4 I BANK LINE (A Mfvkt
      697 words
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      Page 37 Advertisements Column 2
      962 37 C pacirc international unes (pte) ltd I 140 Cecil Stnset, #03-00 PIL Building, Singapore 0106. j CR NQ **********06 VN33BL VOY SM COM JM MOO NO AOJ AOS PIU MSW m KOTAWNUWAN WHOMIO 1/10 O/IO 13/10 14/10 13/10 10/10 30/10 34/10 33/10 tt/IO KOTA 33RAMI NNN3O3 10/10 14/10 SI/10 S3/10
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      Page 37 Advertisements Column 3
      888 37 **********Z IvEßaas wy mt 5 hawwe hamourq thamcbpout wottebcam Awmgy~ VBXE DC NORMA NIIW 03/10 24/10 2*lo 27/10 3*lo 30/10 WLLEOECAIBNA ~CIIW 10/10 31/10 01/11 o*ll 04/11 08/11 VRXE OE SAOfTTA SIIW 17/10 07/11 08/11 10/11 11/11 13/11 > VHl£ PAQUILA AIIW IVII iSii 17/11 16/11 30/11 ALSO ACCEPTING CAAQO
      888 words
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      Page 39 Advertisements Column 1
      54 39 1/C-VISA FREIGHT SERVICES PTE LTD Established Since 1984 OCEANIA PORT'S REGULAR GRQUPAGE AUCKLAND SYDNEY IMPORT St EXPORT BRISBANE ■v\ I jO MELBOURNE FREMANTLE SERVICES FOR BOOKING SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PTE LTD VIS A LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL: 1800-*****34
      54 words
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      Page 40 Advertisements Column 1
      1660 40 p5» 44 AS AGENTS: V UNI (MIQAI'Of) PW LTD (CHMtll !■—tUlTWam W-T7MM> TH_ *****77 TELEX MMMd R*****5 FAX *****1&7/&9 W T MALAYSIA: H" UNE MAIVTMI (MALAWA) MM M I TEL SA *****00 PK *****75 PEN *****20 JB *****01PGU*****256 ft 1 MDONE9A: P.T. lARAHA LAUT Bl I HHUIA, TEL JKT *****06
      1,660 words
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      Page 40 Advertisements Column 2
      1217 40 I™ Wr SMGAPOR! OC9OSI (a NO-MOOMMOOO) CUSTOMB SfltYKI ns-i-ns kxbbimuiioii f*X th+m* 6BOMIM s 6WBMFA* HI-4-tn r v r, asm S m*Ms iasuvow Wir Carry Yt>u» Confidence. |«aa*oi»« -FW|m I rt» Ijn I -gr -tfj- 6m |m 10. "sg~ "13 f mtnur m m nm mm mm rmi wn nm
      1,217 words
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      Page 41 Advertisements Column 1
      349 41 (AMOiY-MBMMMYOFU.) Seabri^ TWOWWOWT MAINLINE: 278 7772 """a*™**"—"M* DIRECT CONSOLIDATION TO \mm am mm AT USD 80.00/OT++ SPKIAL DISCOUNT FOR ABOVE 5 CBM TRANSIT TIME: 10 DAYS FREQUENCY: FORTNIGHTLY OCEAN CARRIBt LCL& FCL BL FOR BOOKINGS PLEASE CALL TEL *****72 *****49 ZURAIMI, VASANTHX KAU, FAROH, ANDY TEL EXT: 34,38,33,90,37 RESPECTIVE!? PT
      349 words
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      Page 41 Advertisements Column 2
      1572 41 Nedlloyd Life TWICE WEEKLY TO EUROPE II ljf| Pea(F) P»(F) Un P*| Je4 Son Uk Rtn Anr* Ha* Heai See BnKl) Ma(2) Uk n« m TYNE /1385 27/09 27A» 29/09 27/O*F) 19/10 21/10 15/10 16/10 17AO NU OCEANIA /4365 04/09 06/09 08/09 05/09 29/09 30/09 DANUBE /3395 01/10 01/10 03/10
      1,572 words
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      Page 41 Advertisements Column 3
      273 41 W SUNSHIP AGENCIES PTE LTD 20 McCaMum Strait §16-01/03 Asia Chamban Singapore 0108 Tel: *****22 (10 Urn) FAX: *****06 CRNo.-*****8 200 OOR Y.S.N. VESSEL VOT MEuSS PBMM "59mm ax to wms iron 6i* vam+m 1 li-tVI* tt-WII 17-WW uttmrnn i nans n-wi> iwi fk_ KfBMN AfIENTBt W> lIWICII »BIQW TBtr-
      273 words
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      Page 42 Advertisements Column 1
      1306 42 9 DIRECT CALL TO PANAMA IN JUST 25 DAYS J; WEEKLY SERVICE RfIAREN MAERSK V.9508 ETA SIN 3RD OCTOBER 1909 li. a Vmrnt Vby ETA I ETD Jj 1 DESTINATIONS Hmtwmhmttsa wSr^SinTSTmia wwiiwwmaw AXB-MAERSKUSSIO HHHMHHB IMB I CY 03/10 1200 MRS CY 04/10 IMOHRS 4 ct»-o*ioo4oohrs cwowowm an. bw. chb
      1,306 words
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      Page 42 Advertisements Column 2
      588 42 TO E. CANADA US ATLANTIC US GULF LOAIHNO VOY ISPOK I PJOUwI HMJFAX M.YORK NORFOLK NAfILEANS SAVANNAH TAMPICO HOUSTON HOCOH DRAKE 002 30«1 OCT I 08 NOV 11 NOV 14 NOV *1 NOV 18 NOV 28 NOV 29 NOV HO6OH DYKE 0832 14/18 OCT 107 OCT 29 NOV 02DGC 08
      588 words
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      Page 42 Advertisements Column 3
      373 42 I YpEfi phili orknt Y** UN€S PT€ LTD TEL: *****00 (10 UNEB) HtX: *****76/*****38 I AUCKLAND, WBJJNOTON, LYTTLETOH OffO I IWUI, CI WTCHURCH. NEW FUHOUTH J I.„ ROTTERDAM HAMBURG, ANTWERP I AND ALL MLAND OEffnNATIONS WTTHM EUROPE QSOCT I SUSAN. MAMLA, BANGKOK. P.KHANG, 01 OCT PENANQ, H. KONG AND ALL
      373 words
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      Page 43 Advertisements Column 1
      821 43 ACCEPTING LCL CARGO TO Singapore DulkuUm CfSdoshgikr Sdfc»P>r FIRST FORWARDER in ikWSS fnrr WlMiiiiii ASIA AWARDED —i== ZISST iZI^HL ISO 9002 BY LRQA mrmy LiifY jnwny ty —ssi®; EST ua L iicL Om stuff at yom swki:- I^*l Chris T§ Dtk ******4 rmma Smisa DMh 2771 OSS yy. p u;
      821 words
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      Page 43 Advertisements Column 2
      1007 43 ■b jjum.-ibml: an w__ia 1 ■I MCA Ml Ml TIM KJi Mil M U K Mn SN n.W RNHM ZW B.N* VM OM M M lllf" *wi wa w 11* nn a www an ornan mi a m aa aa an aw a w 1 2 22S* 22 21! £2.
      1,007 words
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      Page 44 Advertisements Column 1
      271 44 Singapore Soviet Shipping Co. Pto. Ltd. CRNO: **********0N r BOMBAY/COCHIN Ivoeeo. vov m I mm ooc OOAQLORY OLROM MM OVIO —lIHIWI KURANO MKKM WW *VlO 31/10 KOTAMUTURA MUTTB7 17/10 M/W |xOUR MMW 410 tvw ggo HAIPHONG SERVICE [VMOEL VOY 001 HM« nOMBI KMM MM MM* 07/10 NUMJK OMMO ovw «ono
      271 words
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      Page 44 Advertisements Column 2
      119 44 SIM FAR EAST 03/10 KEELUNG/KAOHSIUNG 01/10 BANGKOK 01/10 MANILA/CEBU 01/10 JAKARTA/BELAWAN/SURABAYA 01/10 PORT KELANG/PENANG/E. MALAYSIA 01/10 BUSAN 01/10 TOKYO/YOKO/KOBE/NGO/OSA 01/10 HONG KONG SIM CHINA (+B*±**n) 01/10 GIIANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAUAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 01/10 LDN/FLX/LVP/SOU 02/10 ROM/HAM/ANT/lEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poiand/Bulgarta/Czectt. SIM USA/CANADA 02/10 LOS
      119 words
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      Page 44 Advertisements Column 3
      405 44 I STAR SHIPPING AGENCIES (S) PTE LTD AQMMTt Mb ZIM CONTARBR SERVICE GOID STAR UNE LTD SEIHSHTfMG CORPORATION TELEPHONE: 220-6666 (I UNCS) FAX: *****70 U *****H tfMRgIM6) (01 NO. *********** Q N. AMBUCA/CARMfAN SBVKB w'SJX/w mat ww m |mi i a i bi »w w Min a M/t LBuani j/ii
      405 words
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      Page 44 Advertisements Column 4
      358 44 II TIGERISLANO 389N »3QW CMWIO 12-14/10 I TtGfR BRKXjE 370N 02-(XV10 08-11/10 16-17/10 I TIGER BAY 37 IN *****0 IHM 19-21/10 TIGER CAPE 372N 09-KVIO I*WlO 23-24/10 H TIGER 6LAND 373N 12-14/10 1*2200 2*2800 I TIGER BRDGE 374N 16-17/10 22-280 3*31/10 I II VESSEL VOY SINCAL SN OPTIMA 128 28-2809
      358 words
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      Page 45 Advertisements Column 1
      1361 45 I SOUTH lOUND iMBSB W (GUOM6 m Ithtmv m mm mwr~ how m SWTW rwti (KM m mv 1 WUWI 4157S QUO MOM W/lOIUE I" 4 'j* oyioia SvitWft WLkWI 41SK ayiawu Wim NOCTN KUDO "m wr m tonus Bay mr~ mmee MY OHM B« 41SM OiAHS OVIOMOM m m
      1,361 words
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      Page 45 Advertisements Column 2
      154 45 BtBUUW fßtfOHl WETKMI SBIWCt MMU VOY NO m ETD OOTMXnON ,< KMNMOI Mi M PORT Mi CANTHQMVTHOI THANM OA KMi M KMT ST/W VUNOTMJ PORT* (MCH. ONLY) J HO* MAI Mi MPORT Mi HCMWUNGTWUPTK OIAOM4 Mi 01/10 OVtO VUNOTMJ PORTS AQBfTS;- IMKOV SHIPPING 00 PTE LTD MDIIXTM MISMBAPOKMMI7 .< TEL:
      154 words
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      Page 46 Advertisements Column 1
      520 46 |h m| ah AFGHANISTAN MAM AfplMiilttin Ltd., HAJH tk Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: AJma Ata. Ashkhabad, Baku, Dushanbe, I Militzer A Muich Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, h frMiad L M taJ rYiniiwrfaii Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Mongolia: maan Bator N Korea: Pyongyang, Nampo VOY SIN REU
      520 words
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      Page 46 Advertisements Column 2
      551 46 ■lEHBI SPOKE: WTBBB fN im KUCHNfrmiAiiin I 2(AwH lliibiiihiukiii MUiMIiYYI mmimmj wpwraewgw^wi^.^^ P» sc^?i<a^lS^) I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKI SIN DAILY RECEIVING r tam _SL 2L ooyrjQ TOinQ 94/DQ HlffiHytiOTjmN 11 nOirTl/Ut'O <3yUy £J/Uy WW Uln/Rx/IWAiit/Ham/lali 23A» 24AJ9 25AJ9 97*2 Saw SIS Hvr/MK/irPF/iruu Ganoa/BartalonafllafsaHlaa 01/10 03/10 04/10 i
      551 words
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      Page 46 Advertisements Column 3
      370 46 iif MFL SHIPPING (INTL) a SBSff PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCL/LCL CONSOLIDATION SERVICES' I HOT LINES! ********** jgi i VESSEL VOY ETA (SIN) DESTINATION ASIAN CHALLENGER ***** 01/10 NEGO I WAN HAI 221 *019 01/10 HK6AB/KAO OOaEXPLORER N3E 03/10 ~HKG LQXOOES 013N 04/10 BUSAN 3 J
      370 words
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      Page 47 Advertisements Column 1
      102 47 ©NIPPON EXPRESS fWlfllLiltL Cnm ■rjL.il Jijim e. Tvonowiof FIXED WEEKLY DEPARTURE ARRfVAL TO: Arrow U.SJL IBtfMßfl- mSMMPOH HE2SS3H- EU OOCA6O EVUY TVDMT Arrow Europe (17 OATS TRANSIT ONLT) ■fflßßfmi citron ■IiAttIUAS (VBT urancr mnuxsiowi war iksmt ■35WTWHB mstoH WmthJHilUllMm EVBT TNIKMY EnßoranMi ivonr ammt Al»« <Kc«frtMg c«rpo to ad Inland
      102 words
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      Page 47 Advertisements Column 2
      106 47 GOLDEN UNE > GUNK OUMISMPPM6 KfrO* (PIE) LTD 1 TBj SMMtt (10 LMES) Fac 5M3804 «T»Airi/»«»«.t M mm mmminc* Span PJMm Pwani QaumWWKncMMwffMM* Oct QOLKN IBM KaicfeOutaKuMft 22/23 Oct OOUMWHUtSta**" 11 MMOttMpVStatf* 12/14 Oct AKMLNnpnrttoln 24/?9 Oct COWTAWM »UVI« urn mo kitat SK" 1 f"* UMOS Hl* OS Oct WOtf
      106 words
  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      125 47 REGIONAL WEATHER m m LCGCNO: R Thunderstorm T«mp«roh« •q A y Show«r Woothor _X Wind droction with sp««d in knot* Rain KJ Cloudy Sky Wov Swfm win* or* indicate by arrows wMch fly witfc Hm wind 0 Or* M cirdo represents calm or Kght and vonabi* wind* i— On* half
      125 words
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