The Business Times, 17 October 1995

Microfilm: NL20030
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Tuesday October 17 1995 85<t
    12 words
  • Article
    Lock icon Dow down 6.14 points
    64 1 Bloomberg Business News NEW YORK US stocks briefly reached a new peak yesterday, as interest rates tumbled to their lowest point since early 1994. At 2pm EDT, the Dow Jones Industrial Average was down 6.14 points at 4,787.64. In the broader market, the Standard Sc Poor's
    Bloomberg Business News  -  64 words
  • Article
    Untitled
    151 1 Monday Chugt fpi 2,111.80 -17.24 KLSEComp 957.37 -5.76 Nikkei 18,016.44 +135.61 HangSeng 10,009.28 +125.50 SETlndex 1,317.04 -1.80 Jakarta Comp 496.01 -0.55 ManilaComp 2,636.26 +11.81 Taipei WPI 5,038.98 +23.37 Seoul Comp 1,007.48 -9.29 Bombay BSE30 ...3,583.76 +1.79 CLSA China B 817.02 -4.90 Aust AllOrd 2,110.0 +11.0 FTSE100 3,557.3 -10.7 Ararat of
    151 words
  • Article, Illustration
    Sembawang seeks US$500m loans to fund investments
    522 1  -  By Lee Han Shih SINGAPORE Sembawang Corporation, which has gone on a 100 million buying spree under chairman Philip Yeo, is planning to borrow half a billion US dollars for more acquisitions and investments. Sources said the govern-ment-linked listed company is looking for
    522 words
  • Article
    Bank Negara slashes loan quantums for investment properties, cars
    574 1  -  Bid to cool economy expected to hit some firms, but benefit market From Ruth Wong in KUALA LUMPUR MALAYSfA'S Bank Negara announced curbs on investment property and car loans yesterday a move seen by analysts as a bid to cool the
    574 words
  • Article
    Merc losing Asia-Pac market share to Jaguar, BMW, Lexus
    553 1  -  By Christopher Tan SINGAPORE While Mer-cedes-Benz is still clearly king of Asian highways and byways, other luxury players are making inroads into its royal domain. In six Asia-Pacific countries, the three-star marque has been losing market share steadily to Jaguar, BMW
    553 words
  • Article
    Simex slaps $6.95m fine on Baring Futures (S'pore)
    191 1  -  By Paul Leo SINGAPORE Baring Futures (Singapore) was fined $6.95 million for violating the rules of the Singapore International Monetary Exchange, it was disclosed yesterday. Simex said yesterday its hearing committee found BFS guilty in June of having violated rules as follows:
    191 words
  • Article, Illustration
    Lock icon Investors ditch Renong shares and latch on to National Kap
    355 1  -  By R Sivanithy SINGAPORE Investors unloaded shares of Malaysian conglomerate Renong but chased after those of Sesdaqlisted National Kap in a generally weak market yesterday. The Straits Times Industrials Index ended a dismal day 17.24 points lower at 2,111.8, a
    Source: Bloomberg  -  355 words
  • Article
    Barings report out today
    129 1 o a. v SINGAPORE The Price Waterhouse report on Barings will be released today and can be bought at Singapore National Printers. Price Waterhouse was appointed to investigate the affairs of Baring Futures after trader Nick Leeson chalked up losses of more than £800 million (S$
    129 words
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      138 1 BREATHT AKINGLV FRESH DECEPTIVELY AMAZINGLY STRONG. BT Online Look as up at http:// www.asia 1 .com.sg/biztimes Nm» S'pore-Vsia 17,18 S*pore News ...2,4 Financial.... 21,23 Regional News 5,6 mhMi N o s 16 KLSE, SES... 26-28 Pwlww Regional 24 Property 15 World 24 Editorial 14 Currencies 20 TV/Uestyte 13 Simex 22
      138 words
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      7 1 Property: Pg is URA should rethink mall
      7 words
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      11 1 Hock Lock Siew: Pgi7 Tokyo market may be on the mend
      11 words
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      84 1 BRIf ATHT AKIN G I Y FRESH DECEPTIVELY small AMAZINGLY T 5 STRONG. The Bottom Line: Wealth redistrihifn^tnn National Kap requests trading suspension, Pg 17 Scotts Holdings: No funds were remitted to India, Pg 17 11JI -j I£ I mMMMMM^^miIK B^^HB|BBI I EAU DE TOILETTE FOR MEN i Cartier bcxXique/
      84 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Will wholesale prices rise further?
        279 2  -  By Teh Hooi Ling WILL this year's recovery in wholesale prices be sustained? Latest figures from the Department of Statistics show that the Manufactured Products Price Index for September was 80.7 points, just 0.1 percentage point higher than a year ago. Compared with August, last
        Source: Dept of Statistics  -  279 words
    • Article
      Lock icon GIC seeks to invest another US$500m in Taipei market
      119 2 Reuter TAIPEI The Government of Singapore Investment Corporation (GIC) has applied to invest US$5OO million (SS7OO million) more in Taiwan's stock market, an official at the Securities and Exchange Commission (SEC) said yesterday. "We've just received the application, and we will
      Reuter  -  119 words
    • Article
      Importers of Thai rice maintain retail prices despite upswing
      555 2  -  By Siow Li Sen THAI rice prices are rising again after last month's unexpected correction; but importers here are maintaining retail prices until they see a more stable price trend. Prices this month for medi-um-grade Thai fragrant rice rose USS2O per
      555 words
    • Article, Illustration
      Rise in minor tremors spurs rethink among insurers
      466 2  -  By Soh Tiang Keng SOME Singapore insurers are concerned about by the increasing frequency of minor tremors here caused by earthquakes in Sumatra. The higher frequency, they feel, has led to increased earthquake risks in Singapore. Increased risks would strengthen the case
      466 words
    • Article
      S'pore No 2 investor in Myanmar with US$548 million
      323 2  -  By Toh Han Shih SINGAPORE has become the second largest investor in Myanmar behind Britain, up from fourth ranking at the end of last year, a seminar here heard yesterday. The Republic invested US$54B million (Ss7Bl million) in Myanmar in the
      323 words
    • Article
      SM Lee to EU: Don't neglect Asia in pursuit of E Europe
      430 4  -  Kevin Sullivan SENIOR MINISTER Lee Kuan Yew last night cautioned European Union countries against neglecting Asia in favour of East European investments. Addressing a dinner hosted by French Ambassador Gerard Coste, Mr Lee noted that while Asia's share
      430 words
    • Article
      Newcomers in spotlight at Asia Travel Market
      364 4  -  n»pft»>r Agnes Wee THE first Asia Travel Market *95, which will be held in Singapore this week, will showcase a number of newcomers to the international travel trade show circuit. They include the newly formed Indian Ocean Tourism Organisation and rapidly expanding new
      364 words
    • Article
      Fair to get daily coverage in cyberspace
      114 4 ON-LINE news coverage for the Asia Travel Market will be provided by Travel Trade Gazette (TTG) on Internet. Internet users worldwide, including the travel trade publication's 270,000 subscribers, will be able to receive daily news coverage by accessing the web site www. bnn.
      114 words
    • Article
      Good managers a key factor in nation's success: Boon Yang
      269 4 COMPANY managers have an important role to play in Singapore's continued economic well-being, says Labour Minister Lee Boon Yang. With the government and the workforce, management determined productivity and hence the long-term competitiveness of the nation, Dr Lee said yesterday
      269 words
    • Article, Illustration
      S'pore buyers outbid amid record prices at auction
      471 4  -  Susan Tsang SINGAPORE art collectors hoping to snare works by Paris-based Chinese artist Sanyu at a Sotheby's auction were outbid as big-spending Taiwan buyers snapped them up for record prices. All 32 lots, which were exhibited here last month to woo potential
      471 words
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      373 2 'I hi I I J MWWWfliflfffliff ffitner; T)eople say our kids' turtle neck is the spitting I I i /^Vi^ X image of our adult turtieneck. I I I |f\ 1 II m I But then, we wouldn't have it any other way. At Lands' End]" the Direct Merchants from
      373 words
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      278 3 •I "REPUBLIC PLAZA '■I MIRRORS OUR BANK, BOTH IN TERMS OF ITS PRESTIGIOUS -1 i ITS TECHNOLOGICALLY H I I ADVANCED SYSTEMS WHICH I Safe.- I WILL FACILITATE OUR EXPANSION IN ASIA." I I Mr Giovanni A. Butrcri, EVP and Regional General Manager m Banca National* del Laroro I II
      278 words
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      187 4 I Think of financial institutions. What comes to mind? Bureaucracy? Not at DBS Finance. I I Mien we sit down and I I listen to you, we first bear in mind your particular circumstances. Our manager will then I I begin arranging a loan I I that can be serviced
      187 words
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  • SOUTH-EAST ASIA
    • Article
      Viet investment authority to be revamped amid funds scramble
      331 5  -  Harish Mehta SINGAPORE Vietnam's investment authority, the State Committee for Cooperation and Investment (SCCI), is to be remodelled and absorbed into the larger State Planning Committee (SPC), as competition hots up among emerging economies for scarce investment dollars. The restructuring will
      331 words
    • Article
      Lock icon Manila expected to lift Westinghouse ban soon
      230 5 Reuter MANILA A senior Philippine official said the Manila government will soon lift its ban on the use of equipment developed by Westinghouse Electric Corp after the signing of a US$lOO million (Ssl43 million) settlement with the US power firm. The official, a
      Reuter  -  230 words
    • Article
      Lock icon Asean to focus on financial services at summit
      310 5 Bangkok meeting will also discuss plan to speed up Afta implementation Reuter BANGKOK Leaders from the Association of Southeast Asian Nations (Asean) will focus on speeding up the liberalisation of financial services in the region when they meet in December. Thai Deputy
      Reuter  -  310 words
    • Article, Illustration
      Lock icon Securities watchdog dismisses Daim's charges
      232 5 AFP KUALA LUMPUR Malaysia's securities watchdog yesterday brushed aside allegations by the government's top economic adviser Daim Zainuddin that it was not transparent in regulating the country's capital market. "The Securities Commission is doing its job well though it does not announce its investigations. That
      AFP  -  232 words
    • Article
      Lock icon Viet PM offers to cut red tape to attract foreign investors
      388 6 AFP, Bloomberg Business News HANOI Vietnam's prime minister offered in an interview released yesterday to cut back on red tape in an effort to attract foreign investors into more sectors of the economy. "Many economic areas are now ready
      AFP,; Bloomberg Business News  -  388 words
    • Article
      Lock icon Thai central bank sees inflow of foreign funds slowing
      301 6 Reuter BANGKOK The Bank of Thailand (BOT) said foreign funds inflow rose sharply in the first nine months of this year over the same period in 1994, but the flow was expected to slow in the last quarter of 1995. Foreign
      Reuter  -  301 words
    • Article, Illustration
      Lock icon Cashing in on captive customers
      47 6 Reuter MANILA Filipina vendors selling their wares to drivers and passengers in one of Manila's traffic jams on Sunday. Philippine police have recently cracked down on illegal vendors like these Filipinas who avoid paying taxes by selling their products without permits. Reuter
      Reuter  -  47 words
    • Article
      Lock icon M'sian manufacturing springs surprise 7.2% first-half growth
      346 6 Bernama .KUALA LUMPUR The manufacturing sector posted a stronger-than-expected performance for the first six months of 1995 with growth rates of 7.2 per cent. The Malaysian Industrial Development Authority (Mida), in its Industrial Trends Survey released here yesterday, said among the domestic and
      Bernama  -  346 words
    • Article
      Lock icon Manila assures investors on inflation
      96 6 AFP MANILA Philippine Finance Secretary Roberto de Ocampo has assured foreign institutional investors that Manila will keep rising inflation rates in check for the rest of the year, a statement said yesterday. The inflation rate rose to 11.8 per cent from a year earlier in
      AFP  -  96 words
    • Article
      Lock icon Once-a-week car ban begins
      112 6 AFP MANILA New rules under which Philippine drivers are to stay off the roads one day a week were implemented yesterday. A police official said initial reports showed the target of 20 per cent of private vehicles had stayed off Edsa, Manila's main thoroughfare, as required
      AFP  -  112 words
    • Article
      Lock icon Ramos leaves for the Americas
      94 6 UPI MANILA Philippine President Fidel Ramos left yesterday for Hawaii on the first leg of a 12-day tour to the Americas to attend the United Nation's 50th anniversary celebration and a conference of the Non-Aligned Movement. Mr Ramos said he expects the trip to allow
      UPI  -  94 words
    • Article
      Lock icon Philippine workers' remittances up
      60 6 UPI MANILA Remittances of Philippine overseas contract workers soared 74.23 per cent to U552.211 billion (553.14 billion) in the first six months of 1995 from U551,269 billion in the same period last year, the government said yesterday. Data from the country's central bank showed remittances from
      UPI  -  60 words
    • Article
      Lock icon Economic zones' exports up 61%
      96 6 Reuter MANILA Exports from Philippine economic zones rose to U552,714 billion (553.85 billion) in the first eight months of 1995, 60.97 per cent higher than U551,686 billion registered in the same period last year, the Philippine Economic Zone Authority said. Exports from special economic zones,
      Reuter  -  96 words
    • Article
      Lock icon Nearly 4m tourists visit Thailand
      111 6 AFP BANGKOK Nearly four million tourists arrived in Thailand during the first seven months of the year, up 14.6 per cent on the same period last year, the Tourism Authority of Thailand said. The influx almost doubled the year's powth rate target of 7.7 per
      AFP  -  111 words
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      140 5 Cathay Pacific SO" teat pitch n bring fxogrrwivrW introduced in Buunra Cl»* on our lonf-haul fleet only All odwr kt>m and product rahancrairnn bring profmuvrly mtruducrd to our mare fleet Strange that something i DESIGNED TO PUT OUT CAN ACTUALLY a |EB§ fmm contribute to starting a npi FAR MORE
      140 words
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      37 6 F HAD I wan tec! to and nurture, could d >-w jpr^i^BßpNln markets, develop o uncanny laiack^rp^iicting iiitcrest^^s^a^^^^pof complex financial instruments, consistently give informed and objective advice, ancL take a full-time job monitoring of your financial decisions.
      37 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      No improvement in HK's jobless situation
      410 7  -  Figures show July to September unemployment rate unchanged at 3.5% Fran Quak Hiang Whai in HONGKONG DESPITE the Hongkong government's increasing efforts to address its unemployment woes, the situation has not improved, according to latest official figures. The government yesterday said provisional figures showed
      410 words
    • Article
      Lock icon Taiwan PM reacts positively to Jiang's summit offer
      440 7 Reuter TAIPEI Taiwan Premier Lien Chan yesterday responded positively to a reported offer by Chinese President Jiang Zemin for an historic meeting with Taiwan's president, saying he hoped it would build cooperation. "We hope this attitude can build the opportunity for future
      Reuter  -  440 words
    • Article, Illustration
      Lock icon China unveils post-1997 HK passport
      56 7 Reuter BEIJING Wong Fengchao, deputy director of the Hongkong-Macau Affairs Office, at a press conference here yesterday holding ap a new Hongkong passport that will be issued from July 1,1997 after the British colony is returned to China. He asked Britain to give visa-free entry
      Reuter  -  56 words
    • Article
      Lock icon Month-to-month inflation in China still rising
      362 7 Bloomberg Business News BEIJING China's year-on-year inflation fell for the 11th month in a row in September but analysts say it is too early for Beijing to celebrate. That's because when measured month-to-month, inflation is actually rising. "The reason why the year-to-year indicators keep
      Bloomberg Business News  -  362 words
    • Article
      Lock icon Corruption cases soar in Shenzhen
      95 7 AFP BEIJING The number of corruption cases investigated by police in China's southern Shenzhen special economic zone jumped 34.2 per cent in the first eight months of the year over the same 1994 period, a report said. Some 198 cases were dealt with, 188 involving
      AFP  -  95 words
    • Article
      Lock icon 2,600 counterfeit cases solved
      74 7 Reuter BEIJING Chinese police cracked 2,600 counterfeiting cases in the first half of this year, recovering more than 40 million yuan (SS6.B million), the Economic Information Daily said yesterday. The Chinese government "will never cease the crackdown so long as the crime still exists", the newspaper
      Reuter  -  74 words
    • Article
      Lock icon Talks on importing Siberian gas
      108 7 Reuter BEIJING Chinese and Russian companies are discussing the possibility of piping Russian gas to China from Siberia for consumption within China and export to Asian markets. "The Russians need to export their gas and we have a need to use it," said Cao Zhengyan,
      Reuter  -  108 words
    • Article
      Lock icon Beijing improves phone service
      86 7 Bernama BEIJING Another 270,000 telephone lines were installed during the first nine months of this year in the Chinese capital, raising the number of telephones per 100 people to 28, the highest among all the Chinese cities. According to yesterday's Beijing Daily, a total of 400,000
      Bernama  -  86 words
    • Article
      Lock icon Microsoft in Shanghai interactive TV joint venture
      259 7 Bloomberg Business News SHANGHAI Microsoft and a consortium of five Chinese media companies plan to develop China's first interactive television service. The service will be aimed at Shanghai's I.S million cable television subscribers and will offer viewers an array of options from pay-per-view
      Bloomberg Business News  -  259 words
    • Article
      Lock icon Taipei to ease rules for foreign building firms
      213 7 AFP TAIPEI Taiwan plans to further open its construction industry to foreign investments as part of its efforts to join the World Trade Organisation, the Central News Agency reported yesterday. The Interior Ministry is to scrap a law that limits foreign ownership
      AFP  -  213 words
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      544 8 IWGRATULATiONS ON YOUR SISIR ISO 9001 ACHIEVEMENT Sanwa Plastic Industry Pte. Ltd. 996 Bendemeer Road #03-05/07 MITSUBISHI ELECTRIC MITSUBISHI I SGS-THOMSON I ELECTRIC SALES Seropa Technology (F.E.) RiOO(§(^®[E[Lll(§in^(S®!lO^S INGAPORE PTE LTD Pte Ltd Service and Techuhgy (A SUBSIDIARY OF Blk 996 Bendemeer Road #02-02 -/vninu-nn aairnnci crmw.xm u- i|iii.. MITSUBISHI
      544 words
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      713 9 GROUPE &HNEIDER Merlin Gerin Square D Telemecanique BR?[MBB9H Groupe Schneider is an industry and market leader in "I i*•• 1 r Ta li electrical distribution and industrial control. I ion I* prides itself being customer-driven through its <-■ U 1 SS ISO 9001 :1994 I SISIR ISO 90OJ Cmijkalion Awonkd
      713 words
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  • ASIA
    • Article
      Lock icon Tokyo backs project to develop semiconductors
      443 10 NYT TOKYO In an effort to sharpen its competitiveness in electronics, Japan is planning a large government-financed --■I programme to develop adK vanced techniques for manufacturing semiconductors, dis- plays and computers, officials said on Friday. *>. The new effort, tentatively called the Super Advanced
      NYT  -  443 words
    • Article
      Lock icon Japan sets up study group to help companies enter Indian market
      195 10 Bernama TOKYO Japanese business investments in India are likely to increase in the coming years as the country is encouraging foreign investment, Japanese officials said here yesterday. The Ministry of Interna- tional Trade and Industry (Mi- ti) has established
      Bernama  -  195 words
    • Article, Illustration
      Lock icon Seoul protesters demand trial for ex-presidents
      360 10 AFP SEOUL A band of radical students briefly occupicd South Korea's ruling party headquarters yesterday, demanding the indictment of two former generals-turned-presi-dents, police and reports said. Riot police firing tear gas crushed the protest by 13 students who had holed up in the ruling
      AFP  -  360 words
    • Article
      Lock icon Pakistan army officers planned coup: report
      139 10 AFP ISLAMABAD Forty Pakistan army officers arrested last month face charges of conspiring to overthrow Prime Minister Benazir Bhutto, news reports said yesterday. The army authorities sensationally detained a major general and a brigadier, with three dozen other officers on Sep 26. They acted
      AFP  -  139 words
    • Article
      Lock icon S Korea's current account deficit to rise
      113 10 Reuter SEOUL South Korea's current account deficit is expected to widen to USSB.S billion (S$ 12.07 billion) in calendar 1995 compared to U554.53 billion a year earlier, the Ministry of Finance and Economy said. The forecast is in line with an earlier projection
      Reuter  -  113 words
    • Article
      Lock icon Moderate Aussie growth seen
      60 10 Bloomberg Business News SYDNEY The Australian economy will continue to post moderate economic growth until mid-1996, fuelling an acceleration in core inflation to above 4 per cent, a leading forecasting firm predicted. Access Economic, in a September quarter report, said it expects "unspectacular but healthy growth
      Bloomberg Business News  -  60 words
    • Article
      Lock icon Kim stresses price stability
      74 10 Reuter SEOUL President Kim Young Sam said stabilising consumer prices would remain the top priority of South Korean economic policy next year. In a statement read by Prime Minister Lee Hong Koo in parliament, Mr Kim said his government would also use monetary policies to keep
      Reuter  -  74 words
    • Article
      Lock icon Bangladesh markets shut by strike
      44 10 Reuter DHAKA The stock markets in Dhaka and the southern port city of Chittagong were closed yesterday as the country's opposition began a marathon 96 hours of strikes. The opposition, however, excluded 14 flood-ravaged northern districts from the strikes.
      Reuter  -  44 words
    • Article
      Lock icon NZ banker backs idea of Asian central bank
      197 10 Reuter AUCKLAND Reserve Bank of New Zealand governor Don Brash said he is sympathetic to the idea of an Asian central bank modelled on Europe's Bank for International Settlements. The idea was first introduced by Reserve Bank of Australia governor Bernie Fraser.
      Reuter  -  197 words
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      85 10 ONE OF THE VIEWS FROM OUR PRESTIGE CLASS TT T I f T f T2 TTO I If your view in Prestige Class seems just a HttJe more expansive than what you're used yeuHliid en Here* Akw< one more I V/ L/ JL JL, y JLj JL IV JL JL
      85 words
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  • FOCUS
    • Article, Illustration
      Clinton's confused and chaotic China policy
      927 11  -  US-China relations mpons By Leon Hadar in WASHINGTON CLINTON administration officials have been complaining for several months that a major reason for the growing tensions with Beijing has been the failure of China's leaders to comprehend the complex foreign policymaking in Washington and the
      927 words
    • Article, Illustration
      US trade hawks wage a war of statistics against Beijing
      757 11 COMMERCE Secretary Ron Brown leaves for a trade mission to Beijing this month, where he will celebrate America's "economic engagement" with China, and President Bill Clinton prepares for this month's meeting in New York with Chinese President Jiang Zemin, where
      757 words
  • Page 11 Advertisements
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      138 11 LONGINES* The new Golden Wing collection by Longines is a creation of infinite beauty and magic which 1 bears the mark of a tradition of over 160 years Longines'winged hourglass, a symbol of perfection in time measurement and v marvel of creation. Longines Golden Wing™. Exclusive models for ladies and
      138 words
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      957 12 The World's Favourite Beer. r-HWifMSCH^OiPHmnimCHOP-! OtttfMMiii ElHt\ Mm 10* »ff he eni j 5% iff fir irdit fafMit J l WM IV MI ran mm just spend $500 ond above within 6 months of any of our outlets to qualify lor our gold card membership. PASTA FtISCA M UOMJOK! FT!
      957 words
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      Page 12 Advertisements Column 2
      404 12 —i————m m WHERE TO WINE, DINE AND ENTERTAIN Where can we bring the pte&cde** for dinner? saw—'. wa Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea breeze at the same time! SIRSfI \¥fl seafood restaurant
      404 words
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      Page 12 Advertisements Column 3
      297 12 =*5 fancy 'Beijing? I Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dim jq* 'Bering dumplings, a selection of set menus, and 'Beijing specialities suck as 'Beijing ta/i&d Tench and BmcMrr 'Marinated Lamb. Jana some nowt CHINESE 5
      297 words
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  • LIFESTYLE
    • Article, Illustration
      Masterpieces to take home
      933 13  -  Repros of museum pieces and photos of cinema's greats are on display. Susan Tsang reports Susan Tsang A LEISURELY stroll through Takashimaya this fortnight will turn up a few surprises museum pieces that you can actually buy, and photographs that you cannot. Cultural masterpieces from all
      933 words
    • Article, Illustration
      Lock icon Shooting star
      55 13 Reuter JINSHANLING, China American tennis star Michael Chang posing atop the Great Wall during a break in filming a television commercial yesterday at Jinshanling, in the northeastern corner of Beijing municipality. It was Chang's first visit to the Great Wall, where he was filmed in a commercial for
      Reuter  -  55 words
    • Article
      Lock icon Sanjay Dutt out on bail after more than a year in jail
      301 13 UPI UPI UPI INDIA'S Supreme Court yesterday released on bail popular film star Dntt, after the actor had spent more than a year in jail under suspicion of being involved in a wave of bombings in Bombay in
      UPI  -  301 words
    • Article, Illustration
      Time to catch the best from Patek Philippe
      706 13  -  Corinne Kerk reports on an exhibition-cum-sale featuring timepieces from the Swiss watchmaker Corinne Kerk IF you think you are making a statement with a luxurious Patek Philippe timepiece, well, you had better check out the Swiss watchmaker's exhibition starting tomorrow. Just for
      706 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1034 13 Tha Kktg af Comady, 8.30pm, TV 2 Martin Scorcese's disturbing 1982 black comedy tribute to J Jerry Lewis. He's Jerry Lang- B ford, host of a popular TV show. Robert De Niro is Rupert a social wannabe comedian. The a clumsy dream Jl the M^m National Goographfc Pramior Spo- If
      1,034 words
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  • Article
    Missing the point
    539 14 Eemto@£ THE only major news for Hongkong's business community in Governor Chris Patten's annual policy address last week was the plan to slash the import quota for foreign labour from 25,000 to 5,000. Little of consequence was said about the economy as the emphasis was on social
    539 words
  • WHAT THE OTHERS SAY
    • Article
      Why Hongkong won't languish
      218 14 HONGKONG Governor Chris Patten would surely not have bothered with a palliative like slashing the quota for imported workers if it had not been for the Damocles' sword of a private member's Bill demanding a total ban. Most parties promised during the recent legislative election campaign
      218 words
    • Article
      Don't forget human rights
      160 14 WHO cannot be relieved to see a ceasefire in the nearly four-year war in Bosnia? Only as a truce deepens can lives be saved, negotiations launched, populations made safe and reconstruction begun. More specifically, only as the parties agree on peace will other nations interpose their
      160 words
    • Article
      Quality as a way of life
      158 14 THERE are many ways to raise productivity. The use of better machines and better time management are some. But unlike in the manufacturing sector, productivity and higher value added are not easily quantifiable in the retail and service sectors. Quality service is one of
      158 words
    • Article
      Thai banks' telling accounts
      180 14 A TELLING talc emerges when one browses through the current annual reports of the commercial banks. Bangkok Bank donated a mere one million baht (5556,000) to institutions of higher learning last year while Siam Commercial Bank's contribution was 3 million baht. In the 1994 financial year,
      180 words
    • Article
      Achieving housing goals
      191 14 THE government's objective is to achieve a public:private housing ratio of 75:25 by the year 2010. The ratio now is 84:16, i.e. for 84 Housing and Development Board flat dwellers, there are 16 private housing estate dwellers. The huge rise in property prices is not merely indicative
      191 words
    • Article
      Anti-nuclear message
      132 14 THE AWARD of the Nobel peace prize to Professor Joseph Rotblat, a man who has spent the past half century trying to ban the bomb, will not be universally applauded. It has caused irritation in Paris among right-wing supporters of France's nuclear weapons testing programme, and it will
      132 words
  • Article, Illustration
    Clinton turns to Europe
    889 14  -  With his trade negotiating authority challenged by Congress, the US President is eyeing ties across the Atlantic, reports Leon Hadar Leon Hadar The writer is BT's Washington correspondent Growing tensions between Republicans and Democrats are making it difficult for US President Bill Clinton to win Congressional
    889 words
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      101 14 H I GENEVE 0 Geneva MasfcrTTme mB during a glittering exhibition of fal>ulous timepieces from WuML 31 Patek Philippe's private museum and current collection. Ifj Tlie exhibition is a double treat for connoisseurs of the legendary (Geneva watch, as the museum pieces are seldom °T exposed to public view, and
      101 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      71 14 nwe cmp*p p*t -rue. Mexican J W jIT <■ «I«OCUTIO ntwytf«M ltd, iw-nw fr_ DOONESBURY GARRYTRUDEAU nVOU KNOW U/HAT ONE UJHAT A SOW, HUH?ALL 11 ofthepocwpshexe thosbrjcn people nah.wgh TXPME,MAN?HESAIP UJTTH dROKBN DONE&? Ml O ZZZ'yn SCHOt^L^ PURJN6 SKI SEASON, THEY 15H0UL&VB BECOME f~&S M 9CWOL WSKKmm Murta** APMTTIOO PEOPLE
      71 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Marina Mall a govt job?
      815 15  -  n THE I s; 'i COLUMN By Lee Han Shih GIVEN the large number of pedestrians travelling between Raffles City and Marina Centre, there is no question that a tunnel and shopping mall linking the two will be popular. But would anybody come forward to
      815 words
    • Article
      Sydney's inner city hotels enjoy good demand
      339 15 SYDNEY'S inner city hoteliers had good reason to smile with the release of accommodation statistics for the year to June. The official government figures showed strong growth in demand for accommodation in Sydney, with occupancy levels of hotels in the central business district
      339 words
    • Article
      Lock icon Shanghai plans 27m sq m of housing space
      162 15 South China Morning Post SHANGHAI, China's largest metropolis, plans to build 258.33 million to 290.62 million sq ft (24-27 million sq m) of floor space for residential housing between this year and 1997. This will help meet the city's target of providing
      South China Morning Post  -  162 words
    • Article, Illustration
      PROPERTY WATCH
      194 15 Selected transactions in the past week Dat« of r~T~~T 7~ Built in area/ I Sale prica transaction P'«Mct Project 6 land area (aq ft) Tenure (S$) PRIVATE Oct 9 1951 Elias Green CondoApt I 1550 99 858,000 554~ ***** 1542 I Lor K Tetok Kurau T CondoApt 1800
      194 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      170 15 Construction Hoisting Equipment for over thirty years seeks offers from established Asian based Engineering Companies for outright purchase of Designs, manufacturing aids, and the product name which is well respected in the Asian region. The I I comprehensive product range comprises 24 models including several specifically designed for the Asian
      170 words
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      Page 15 Advertisements Column 2
      88 15 ■+IW Investment For Sale by Tender District 9 Residential Site Off River Valley Road/ Singapore River Site Area Approx 27,063 sq ft DGB plot ratio at 2.8 Potential for over 50 apartments. Tender closing on Friday, 10 November 1995 at 3pm. 293 3228 100 Beach Road #35-00 Shaw Towers Singapore
      88 words
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      354 15 /}"@%$"}"-{~_||*,/,'~%*$<{&*{"! EXCELLENT INDUSTRIAL DEVELOPMENT SITE SIMS AVENUE/ALJUNIED ROAD Strategically located at Sims Lane, off AN IISLAN,Q|l l SLAN Q r Sims Avenue/Aljunied Road o KT*rf v v o Le SS than 5-minute walk from Aljunied g SIMS DRIVE GEYLANG EAST CENTRAL MRT Station dr\ Kjßffl' HDB Land area: 5,880 sq
      354 words
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  • Article
    Lock icon Strong mark behind sharp fall in German output: economists
    427 16 Reuter BONN The sharp drop in German industrial production in August was worse than expected and confirmed that economic growth is slowing because of the strong mark, economists said. "The August figure was worse than expected as was the downward revision
    Reuter  -  427 words
  • Article
    Lock icon Samsung to focus on Europe with big expansion plans
    283 16 Bloomberg Business News BILLINGHAM, England Samsung Electronics Co plans to expand across Europe, where it will make consumer electronic products, semiconductors and cars, said Daniel O'Brien, head of the company's UK business. Samsung, which recently said it would make cars in
    Bloomberg Business News  -  283 words
  • Article
    Lock icon EU secures key concessions for Atlas telecom tie-up
    316 16 Reuter, Bloomberg Business News BRUSSELS The European Union's competition chief, Karel Van Miert, said yesterday he had reached an in-prin-cipie accord with Germany and France that could clear the way for approval of the Atlas telecommunications joint venture. He said the two
    Reuter,; Bloomberg Business News  -  316 words
  • Article
    Lock icon Ron Brown in Beijing to prepare for Sino-US summit
    334 16 UPI, Reuter BEIJING US Secretary of Commerce Ron Brown arrived in Beijing late yesterday for two days of talks focusing on a range of trade issues and long-term relations with China in the runup to this month's meeting between US President
    UPI,; Reuter  -  334 words
  • Article, Illustration
    China could spread the wealth by levelling the playing field
    776 16  -  The Bottom Line LU NING LU NING The writer is a BT correspondent specialising in China EIGHT years ago, just as Ronald Reagan's presidency was winding to a close in the US, the American leader's trickledown philosophy was finding its
    776 words
  • Article
    Lock icon Successful defence of $ boosts G-7 image
    171 16 Successful defence of boosts G-7 image Reuter LONDON The Group of Seven industrialised nations has gained greater respect from financial markets since its successful defence of the dollar this summer, US Deputy Treasury Secretary Lawrence Summers was quoted as saying. "People have counted the dollar out many times before and
    Reuter  -  171 words
  • Article, Illustration
    Lock icon Kohl says Bonn will insist on tough terms for single European currency
    381 16 Reuter KARLSRUHE, Germany Chancellor Helmut Kohl declared yesterday that Germany's post-war democracy would be in danger if the European Union produced a single currency that was unstable and inflation-prone. Mr Kohl told the opening session of his Christian
    Reuter  -  381 words
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      3 16 Focus, Pg 11
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  • COMPANIES & MARKETS
    • Article
      No funds remitted to India, Scotts reiterates
      373 17  -  Shiv Taneja SINGAPORE Responding to yet another query from the stock exchange yesterday, beleaguered Scotts Holdings stood by the comments it made to Business Times last week that no funds had been transferred to India for a $15.5 million land deal there. BT
      373 words
    • Article
      Faber's sale of Plus stake gets OK on second ballot
      405 17  -  FIM Ruth Wong in KUALA LUMPUR MINORITY shareholders of Malaysia's Faber Group yesterday approved the sale of its SO per cent stake in Project Lebuhraya Utara-Selatan (Plus) and a capital repayment scheme. At a four-hour extraordinary general meeting, 400-odd minority
      405 words
    • Article
      SES approves listing of third Gold Peak unit
      279 17  -  Float this year to raise up to $40m for expansion, sources say David Mok SINGAPORE GPE Industries, the electronics division of Hongkong-listed Gold Peak Industries, yesterday received in-principle approval to float its shares on the main board of the Stock Exchange of
      279 words
    • Article
      Compact Metal unit forms Indonesian joint venture
      203 17 SINGAPORE A Compact Metal Industries (CMI) subsidiary has formed a joint venture with two Indonesian aluminium companies. The venture still to be approved by Indonesia's Investment Co-ordinating Board will have authorised share capital of US$l5 million (5521.3 million) and paid-up share capital of
      203 words
    • Article
      The worst may be over for Tokyo market
      719 17  -  HOCK LOCK SIEW By Anthony Rowley TOKYO Japan's Nikkei-225 stock average yesterday climbed back above the 18,000 level yet again to end 135.61 points higher at 18,016.44. But with the Tokyo market hovering at around this level since mid-August, there was no
      719 words
    • Article, Illustration
      Lock icon National Kap requests trading suspension amid share price surge
      268 17  -  Ven Sreenivasan SINGAPORE Trading on shares of Sesdaq-listed National Kap was halted at the request of the company during the afternoon session yesterday pending an announcement. The shares of the company were last traded at 1.81, up 22 cents, after touching
      Source: Bridge Info  -  268 words
    • Article
      Mulpha unit to launch $167m note issue
      228 17  -  From Al Labita in MANILA A LISTED unit of Mulpha International Bhd is floating SSI67 million worth of convertible notes to acquire the Westin Philippine Plaza hotel, a company official said yesterday. Mabuhay Holdings Corp (MHC) director Andrew Bell said the notes, which
      228 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD Mixed
        49 17 '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 and WI Can.
        49 words
      • Article, Illustration
        HOT STOCK
        91 17  -  By Paul Leo ACCUMULATE First Engineering shares between yesterday's closing of 60 cents and support at 55 cents. Weekly Relative Strength Index and stochastics are heading into oversold region. Daily Moving Average Convergence-Divergence Indicator is about to signal a buy. Selling pressure has eased as indicated by yesterday's
        91 words
    • COMPANIES
      • Article
        Thais probe airline's sale of plane after paying big repair bill
        432 18  -  From Loh Hui Yin in BANGKOK A SIX-MEMBER committee has been given IS days to submit its findings into Thai Airway's bargain basement sale of a damaged plane on which it had spent a fortune repairing. The committee will
        432 words
      • Article
        Falmac unveils new machines to take on rivals
        483 18  -  Company seeks to enter niche market dominated by Europeans and Japanese By Chan Siew Ling SINGAPORE Sesdaq-listed knitting machine manufacturer Falmac Ltd has introduced its new Jacquard series that is expected to lift its bottomline by 1997. Falmac said the product, priced
        483 words
      • Article, Illustration
        Lock icon Indon tin producer Timah plans staff cutbacks to boost margins
        510 18 Bloomberg Business News JAKARTA PT Tambang Timah, the world's largest tin producer which this week starts trading on the London and Jakarta stock exchanges, plans staff cutbacks to cushion its bottom line from the volatility of tin prices. "We've found
        Bloomberg Business News  -  510 words
      • Article
        Lock icon Thai securities firm Seamico to buy HK group in merger
        328 18 Bloomberg Business News HONGKONG Marlin Partners Group, an Asian equities fund manager and institutional broker, is joining forces with Seamico Securities, a Thai broker, to build an Asian-wide equity sales and research business. Seamico, which is listed on the Securities
        Bloomberg Business News  -  328 words
      • Article
        Conversion date for NOL ICCPS
        83 18 SING APORE Holders of Neptune Orient Lines irredeemable convertible cumulative preference shares (ICCPS) have till Dec 2 to convert them. ICCPS converted on that date will be eligible for all accrued and arrears of dividends up to (but excluding) Dec 2. Those converted before Dec
        83 words
      • Article
        Listing of Giken Sakata's new shares
        78 18 SINGAPORE Electronics contract manufacturer Giken has got the green light for the listing and quotation of its proposed placement of 3.8 million shares at 55-1/2 cents each. Proceeds are to repay bank borrowings for a 52 per cent equity interest in a China joint
        78 words
      • Article
        Lock icon Manila bourse to name erring members
        25 18 Reuter MANILA The Philippine Stock Exchange (PSE) said yesterday its board agreed to name members accused of trading malpractices.
        Reuter  -  25 words
      • Article
        Lock icon Metro Kajang listing tomorrow
        43 18 Bernama KUALA LUMPUR Property-based Metro Kajang Bhd's entire issued and paid-up share capital of 95 million shares of M$ 1.00 each will be listed and quoted on the main board of the Kuala Lumpur Stock Exchange from tomorrow. Bemama
        Bernama  -  43 words
      • Article
        Corrections and clarifications
        91 18 SINGAPORE In yesterday's BT, it was reported that Sembawang Coip planned to divest PT Gema Sembrown and its West Java facility. A spokeswoman had confirmed this in response to a query from BT. But the group has clarified that it planned to sell the facility but not
        91 words
      • Article
        Untitled
        569 18 Smnm IMI Tiwt MG Spore Premier T! 0.90 0.940 rScTmLe U2 1.61 M G Asm Premier T 0.92 0 9^ The Saviup Food 1.46 1.35 CiUcOTI iBVMtMMt Ink S-SSE n il °£v? CiU Global Bond Fd 0.979 0.919S pore iTv«7und 05 Ml CW Am taft. Fd I.0W 1.130S'pore Equity Fund
        569 words
      • Article
        Lock icon Murdoch-Coles Myer war of words hots up
        415 19 Coles chairman lashes out as pressure on him to quit builds up Reuter MELBOURNE Three of Australia's largest businesses, including Rupert Murdoch's The News Corp Ltd media empire, became embroiled in a public slanging match yesterday as the fight for control of retailer
        Reuter  -  415 words
      • Article
        Lock icon Tenet in deal on Australian Medical
        134 19 Bloomberg Business News SYDNEY A wholly owned subsidiary of Tenet Healthcare Corp of the US has accepted a revised takeover offer by Mayne Nickless Ltd for its 52.6 per cent stake in hospital group Australian Medical Enterprises Ltd. Mayne Nickless, a transport and health
        Bloomberg Business News  -  134 words
      • Article, Illustration
        Lock icon Investors unduly pessimistic on Brierley, says chief
        296 19 Reuter WELLINGTON Investors are unduly pessimistic on Brierley Investments Ltd, chief executive Paul Collins said in the company's annual report released yesterday. Commenting on BlL's share price, currently at NZ$l.l4 (S$ 1.07), he said: "The reality is, in 1986 perceptions of growth were
        Reuter  -  296 words
      • Article
        Lock icon Sydney Futures Exchange to list Pacific Dunlop
        293 19 Bloomberg Business News, Reuter SYDNEY The Sydney Futures Exchange said it will list a share futures contract based on one of Australia's largest diversified industrial companies. Pacific Dunlop Ltd, from tomorrow. Pacific Dunlop will replace share futures in another major Australian manufacturing company,
        Bloomberg Business News,; Reuter  -  293 words
      • Article
        Lock icon Kalamazoo seeks further buys to bring earnings stream to A$60m
        275 19 Reuter SYDNEY Kalamazoo Holdings Ltd is seeking to make further acquisitions which will give it an earnings stream totalling up to AS6O million (5564.7 million) over the next two years, the company's chief financial officer, Shawn Bohnert said. "Ideally we
        Reuter  -  275 words
      • Article
        Lock icon Merck KGaA to raise 2.1b marks
        367 20 Family-owned group's stock offering is largest in post-war Germany Reuter DARMSTADT, Germany German family-owned drug and chemicals group Merck KGaA said yesterday it would raise 2.1 billion Deutschemarks (SS2.I billion) in funds in Germany's largest post-war stock offering despite volatile capital markets. The 327-year-old
        Reuter  -  367 words
      • Article
        Lock icon British Telecom, Bell to pull out of bid for Belgacom
        304 20 FT BRUSSELS British Telecommunications and Bell Atlantic, the US telecoms group, are to withdraw their bid for a stake in Belgacom because they fear that the measures required to turn the troubled Belgian state telecoms operator into a profitable company
        FT  -  304 words
      • Article, Illustration
        Lock icon A GM-made car called Toyota
        67 20 Reuter IUK YD I oyota Motor Corp's honorary chairman Eiji Toyoda introducing a Toyota Cavalier compact car, made by General Motors Corp of the US. The Cavalier, which was unveiled at a press preview in Tokyo yesterday, will be the first right-hand-drive GM car made
        Reuter  -  67 words
      • Article
        Lock icon Coke China to disregard borders
        197 20 Bloomberg Business News HONGKONG Coca-Cola China Holdings Ltd announced that it has restructured its marketing operations to disregard the political borders between Hongkong and Macau, China and Taiwan. "Four years ago the Hongkong market was very, very different from China's. But now, if you look,
        Bloomberg Business News  -  197 words
      • Article
        Lock icon Apple rejects Swiss version of Mac OS
        214 20 NYT SAN FRANCISCO Apple Computer Inc has rejected a request by a small Swiss company to license its version of the Macintosh operating system for use on computers made by IBM. Apple officials confirmed the decision after learning that Mac World magazine would
        NYT  -  214 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Manila banks holding up against foreigners
        420 21 But they are vulnerable in medium-sized corporate accounts sector, says HSBC banker Reuter MANILA Filipino banks are coping better than expected with aggressive new foreign competition but are vulnerable in the area of medium-sized corporate accounts, a senior foreign banker said. "The new foreign
        Reuter  -  420 words
      • Article
        Lock icon Aussie non-monetary gold exports to Asia up 6%
        358 21 Reuter CANBERRA Australia's exports to Asia of non-mone-tary gold, or all gold except coins, rose by 6 per cent in value in 1994/95 despite a 9 per cent fail in Australia's total non-monetary gold exports, a government spokesman said yesterday. Gregory Andrews
        Reuter  -  358 words
      • Article
        Lock icon Increase in yen-denominated bonds
        80 21 Bloomberg Business News TOKYO Developing countries, including Brazil, Turkey and Mexico, are increasing sales of yen-denominated bonds to take advantage of low Japanese interest rates, the Nihon Keizai newspaper reported. The sale of such bonds totalled 539 billion yen (557.7 billion) during the April-September period, more
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Westpac wants to buy back shares
        80 21 Bloomberg Business News SYDNEY Westpac Banking Corp wants to buy back up to 10 per cent of its capital by early next year, the Australian Financial Review reported. Westpac confirmed it is lobbying the government of New South Wales state to amend its laws
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Japan ex-bureaucrats linked to banks
        68 21 Bloomberg Business News TOKYO One in 17 board members at Japan's listed banks and brokerages is a former Ministry of Finance or Bank of Japan official, the Jiji press said citing a survey. The amakudari directors, a term describing bureaucrats who land lucrative jobs in
        Bloomberg Business News  -  68 words
      • Article
        Lock icon Banks not facing funding problems
        61 21 Reuter TOKYO Japan's Finance Minister Masayoshi Takemura told a parliamentary panel he has not heard that Japanese banks are having trouble raising funds overseas. The Japan premium, an interest rate risk premium Japanese banks are asked to pay on funds raised overseas, rose slightly after
        Reuter  -  61 words
      • Article
        Lock icon Citibank to issue A$316m ofbonds
        143 21 Bloomberg Business News SYDNEY Citibank Ltd will issue As3l6 million (*****.2 million) of mortgage-backed bonds, the bank said in a statement. The bonds will be issued in two tranches, comprising A 5306.3 million of senior notes and A 59.5 million of subordinated junior notes. If
        Bloomberg Business News  -  143 words
      • Article
        Lock icon HKBank's Thai unit to issue debentures worth 3b baht
        138 21 Reuter BANGKOK The Thailand branch of HSBC Holdings pic's Hongkong and Shanghai Banking Corp Ltd is issuing three billion baht (SSI7O million) of five-year senior and unsecured debentures on Nov 3 with a coupon rate of 10.75 to 11 per cent.
        Reuter  -  138 words
      • Article, Illustration
        Lock icon Talking about timber
        99 21 AFP KUALA LUMPUR Malaysian Primary Industries Minister Lim Keng Yaik (left) chatting with David Seabright, chairman of the Asia-Pacific Timber and Forestry conference, after yesterday's opening of the two-day meeting. Dr Lim accused western green groups of romanticising the notion of the "noble savage" in urging for
        AFP  -  99 words
      • Article
        Lock icon Thailand may agree to issue bonds in baht
        148 21 Reuter BANGKOK Thailand is likely to agree to a request by the International Finance Coip (IFC) of the World Bank to issue bonds in baht with some conditions attached. Finance Minister Surakiat Satienthai said. He said he had been approached by World
        Reuter  -  148 words
      • Article
        Lock icon NZ bonds hit five-month high
        432 22 Market expects CPI figures to be at or lower than central bank's forecast Bloomberg Business News WELLINGTON New Zealand bonds yesterday rose to their highest level since May 16 on expectations that today's consumer price figures will be at or below the central bank's forecast,
        Bloomberg Business News  -  432 words
      • Article
        Lock icon Falling Aussie wool prices spur futures trading
        253 22 Knight-Ridder SYDNEY Falling Australian wool prices are having one positive effect: trading volume is climbing in wool futures contracts on the Sydney Futures Exchange (SFE). "We had the busiest week we ever had last week," said Peter Snowball of Fimat Australia. "We're seeing
        Knight-Ridder  -  253 words
      • Article
        Lock icon Aluminium prices will double in a year on strong demand, say analysts
        354 22 Reuter DUBAI Industry analysts at an aluminium conference in Dubai on Saturday said they were optimistic that the base metal's price would strengthen sharply late this year and into 1996-97 as demand continued to outstrip supply. "A cash
        Reuter  -  354 words
      • Article
        Lock icon Indon steel demand seen at 40m tonnes by 2020
        245 22 AFP JAKARTA Indonesia's steel demand, growing 7.3 per cent annually, could reach 40 million tonnes by 2020, the industry minister was reported on Saturday as saying here. During the inauguration of joint-venture steel company PT BHP Steel Indonesia in Cilegon, West
        AFP  -  245 words
      • Article
        Lock icon China energy efficiency to cut import growth
        253 22 Reuter BEIJING Better efficiency and conservation will help keep China's energy demand lower than the rate of economic growth and slow the rise in oil imports, experts at an energy seminar said yesterday. In the past 10 years, China's primary energy consumption has
        Reuter  -  253 words
      • Article
        Lock icon LONDON
        202 22 AFX-Asia LONDON The dollar continued to range-trade in quiet mid-afternoon trading ahead of key US data due later this week while the mark firmed against the major currencies. Trading was dominated by technical considerations on the lack of fresh economic news, with some evidence of playere unwinding long dollar
        AFX-Asia  -  202 words
      • Article
        Lock icon NEW YORK
        86 22 AFP NEW YORK The dollar fell against other major currencies early yesterday in quiet trading as the German mark rose in cross-trading against other European units. Gold meanwhile was unchanged from Friday at U*****.20 an ounce. At 1410, the greenback was worth 1.4200 marks against 1.426S on Friday
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1214 22 US$*$ knm4 rata NoooQct 16 SI WU Otkr 1-mamk UW l«fi 2-aoodi 1.41M 1.4304 VaoMk 1.4151 1.41?) 6-mamk 1.4012 1.40C2 &wr OCK Trwdi wufftttd tmda tftmtt Sports top 14 trm4mg pmtmn tmmymr mi Source: OCBC cmneii nncurv rWLWI WWttlUtT NOTE RATES A> at tan Od M SImmr Mhn I* Nt
        1,214 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen up, Eurodollars ease at close
        1301 23 Reuter SINGAPORE Simex Euroyen futures ended higher on comments by the Bank of Japan governor while Eurodollar futures were softer, but with a firm undertone. However, dealers said volumes were very thin on Euroyen futures, accounting in large part for their volatility. Dealers said
        Reuter  -  1,301 words
      • Article
        Palm oil higher on good Porla data
        664 23 COMMODITY REPORTS Palw OB CRUDE palm oil physicals ended higher following the favourable figures released by the Palm Oil Registration and Licensing Authority (Porta). Porla reported September's palm oil stocks at 646,567 tonnes, 12.63 per cent higher than 573,956 in August, which was
        664 words
      • Article
        Bakrie in Riau oil palm project
        73 23 SINGAPORE Indonesia's Bakrie Group plans to open a 100,000 ha oil palm plantation in Riau, under a scheme aimed at involving small-time fanners, the Jakarta Post said yesterday. Bakrie chairman Aburizal Bakrie said his group will hold 10 per cent of the project while
        73 words
      • Article
        China to start lead exports again
        112 23 TOKYO The recent surge in lead prices on the London Metal Exchange is expected to help restart exports of lead from China, Japanese trading sources said yesterday. Chinese lead exports "almost completely stopped" in September after more than 5,000 tonnes were exported in August,
        112 words
      • Article
        Taiwan firm may buy US soybeans
        65 23 SYDNEY Taiwan's BSPA-Taichung buying group may be in the market for 54,000 tonnes oi December shipment US soybeans this week, but buying by Japanese, South-east Asian and other Taiwanese interests is not expected. Japanese crushers are seen as comfortable with current November coverage, while
        65 words
      • Article
        Aussie gold miner upbeat
        68 23 SYDNEY Australian miner Burdekin Resources in an upbeat statement yesterday, said it produced 10,472 ounces of gold from its McKinnons deposit is its first quarter of full operation in July-Sep. "Plant availability and mill recoveries were in excess of 94 per cent and cash costs of
        68 words
    • Article
      COMMODITY PRICES
      1330 23 SICOM Futares Oct 16 Rubber Physical PitoM (Mara* cloning as at B.tOpiw) i** —Man HOMfcMl (Scenu/kg) As at 12 noon (Scents/kg) Close Volume Open Month High Low Sett (tonnes) latere* RSS 2 Nov 95 206.30 207.50N Nov 95 213.00 208 50 209.00 423 1773 RSS 3 Nov 93
      1,330 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        877 24 +ILO SHARES closed higher yesterday on better-than-expected third quarter results in the US and strong offshore buying. "The market performed close to expectations with the resource and banking stocks the strongest on the day," a broker said. "I think the local market was buoyed by the fact overseas markets
        877 words
      • Article
        Manila
        567 24 +ILBI Share prices closed higher but investors remained cautious about entering the market just ahead of President Fidel Ramos's two-week trip abroad. "The President is going out of the country and people are cautious in putting their money in the market," a trader said. The PSE Composite Index sained
        567 words
      • Article
        Taipei
        486 24 +2337 Share prices finished higher amid confidence-building sentiment following remarks by mainland Chinese President Jiang Zemin that he would visit Taipei if invited to do so. "The market sentiment was improved somewhat today as Jiang's remarks signal a possible easing in tensions across the Taiwan Strait," said a dealer.
        486 words
      • Article
        Seoul
        418 24 -9.29 Stocks fell as investors bid down shares in exporters because of a government plan to siphon off cash from banks to curb inflation, traders said. The central Bank of Korea said it will soon absorb about US$l.5 billion from commercial banks by selling mandatory repurchase agreements. "That will
        418 words
      • Article
        New Zealand
        298 24 +29.05 Share prices ended on their highs for the day after an unusually active and bullish start to the week. The NZSE-40 Capital Index ended 29.05 points up at 2,1376.20. Turnover, worth NZ546.3 million, was also high for a Monday. Fletcher Challenge and Fletcher Forests had traded strongly
        298 words
      • Article
        Bombay
        81 24 +L 79 Share prices closed marginally higher as pre-holiday lethargy began to set into the market. The BSE-30 Index closed 1.79 points higher at 3,583.76, after fluctuating for most of the day just above and below Friday's closing level. There was little activity with most major investors on the
        81 words
    • WORLD STOCK MARKETS
      • Article
        London
        600 24 -10.7 BRITISH shares slipped to close narrowly lower as the market consolidated following last week's sharp rise to near record levels and beBn focussing on Tuesday's K public sector borrowing requirement (PSBR) data. The FTSE 100 Index ended 10.7 points lower at 3,557.3 on volume of just below 400
        600 words
      • Article
        Milan
        149 24 -207 Italian shares plunged after former Prime Minister Silvio Berlusconi threatened to oppose the 1996 budget. Berlusconi was ordered on Saturday to stand trial on charges he and 10 executives of his media company Fininvest SpA paid bribes to tax inspectors. The Mibtel Index plunged 207, or 2.17 per
        149 words
      • Article
        Amsterdam
        221 24 •Z2S Dutch stocks fell amid concern about earnings for a number of major companies, such as Philips Electronics, Elsevier and KLM Royal Dutch Airlines. The EOE Index closed 2.25 points lower at 459.15. Volume was 7.9 million shares. Many investors were reluctant to buy shares before earnings statements due
        221 words
      • Article
        Stockholm
        124 24 -4*4 Swedish stocks followed faltering European share markets to close lower, with heavy losses in forestries and rate-sensitive sectors souring any early optimism. Telecoms group Ericsson, which edged up one crown to 153, was seen strong, considering slides by others in the sector. "Ericsson did well in light of
        124 words
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        Paris
        176 24 -26.54 Share prices closed lower in thin nervous trading, tracking French government bond futures, with both markets depressed by a sharp decline in the franc. There was disappointment that the Bank of France reduced its emergency 24-hour funding rate only slightly, when many had expected a more substantial rate
        176 words
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        Frankfurt
        150 24 +2.41 Share prices were little changed in quiet trading with most participants sidelined. The DAX Index closed up 2.41 points at 2,193.85. Daimler-Benz was up 1.7 marks to 699.2, Volkswagen fell 3.2 to 455.2 and BMW was up one at 764. Frankfurt Oct It DM AGO 140.00 |.0 BASF
        150 words
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        Brussels
        194 24 -2.07 Belgian shares closed slightly lower as sentiment gradually deteriorated after the market failed to build on to its small early gains. Traders said the failure to extend Friday's technical* recovery decisively was seen as showing a serious lack of confidence in the market's short term future. The Bel-20
        194 words
      • Article
        Zurich
        195 24 4*7.1 Swiss shares closed a volatile day slightly higher, traders said. Banks and insurers were seen profiting from the favourable interest rate environment while industrials were mixed. Volumes were moderate, dealers said. The blue-chip SMI Index was up 7.1 points to 3,116.3. The all-share SPI Index edged up 3.97
        195 words
      • Article
        Johannesburg
        312 24 +23* South African gold shares fell in quiet trade, while the industrial index managed its third consecutive record close despite patchy trade, dealers said. "It's been a little bit interesting today. Its quite mixed on the industrial side and golds are a bit aimless," said a dealer. The Overall
        312 words
      • Article
        Toronto
        207 24 +4.68 Stocks opened a little higher, with traders watching the New York stock market's reaction to more US third quarter earnings, traders said. The TSE 300 Index rose 4.68 points to 4,512.46 on volume of 4.9 million shares with a value of CsBo million. "There's still going to be
        207 words
      • Article
        New York
        652 24 -10.12 Stock prices turned modestly lower in quiet trading early yesterday as profit taking from last weeks gains and lingering earnings concerns pressured the market. The Dow Jones Industrial Average, which climbed 28.90 points on Friday, was down 10.12 to 4,783.66 at 1 lam EDT. The key barometer
        652 words
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        Untitled
        597 24 IiiMm Cm* BU Offer Mi™ Cap Deport JtMOO MtJOO Mm Join 6* AIM) 0.1992 MnMniacoK *0.9200 <0.9*00 LSS Cash Incoane P1u> Fund *****0 10 3500 PS SRocrvt Fund *5 5100 *3.3900 0.4592 0.4930 Fir Em Fund *2 7450 *2.97M Man Portfolio 2.1130 2 2S40 UK Growth Fund *3.7900 H.I400 MIM
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      Lock icon HONGKONG
      2344 25 Reuter HONGKONG The blue chip Hang Seng Index bleached a psychological barrier, closing above 10,000 for the first time in 13 months although late profit-taking ate away at early gains. The Hang Seng Index finished at 10,009.28, up 125.50 points or 1.27 per cent, oft the day's high of
      Reuter; Source: Bridge Info  -  2,344 words
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      Lock icon CHINA
      631 25 CLSA IN Hongkong, the H share index gained 12.0S points to 976.77 on turnover of HK54.77 million. Shanghai Petrochem, up 2.2 per cent, was the most active stock with turnover exceeding US$ 1 million as it regained all of its losses on the previous trading day. The Shanghai B
      CLSA  -  631 words
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      Lock icon TOKYO
      2430 25 Bloomberg Business News TOKYO Stocks rose as investors believed a spate of upward earnings revisions from companies may portend an auspicious half-year earnings season. "As mid-term earnings come out, we're hoping to find that the big spenders like Toyota who just revised up aren't doing as poorly in a
      Bloomberg Business News; Source: Bridge Info  -  2,430 words
    • Article, Illustration
      Lock icon BANGKOK
      1412 25 Reuter BANGKOK Stocks closed slightly lower on late profittaking which wiped out a 6.71-point market advance in the morning, brokers said. The SET Index eased 1.80 pmnts to 1,317.04 on a 4.46 billion baht turnover. Falls beat rises 160 to 102. "The rally spurred by Wall Street's advance fizzled
      Reuter; Source: Bridge Info  -  1,412 words
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      Lock icon JAKARTA
      1110 25 Reuter JAKARTA Shares closed lower in slow trading, with the focus remaining on Citra Marga following the government's approval of a toll road fee hike. The Composite Index fell O.SS point to 496.01. Citra Marga rose 17S rupiah to 2,375 at the opening after reports the government had approved
      Reuter; Source: Bridge Info  -  1,110 words
    • Article
      CLOB INTERNATIONAL
      2485 26 Gf Cc >MS Lad Val Day Lad Qaou Dtv Dit YU No M Cap H%h Urn SIM Cidpip Sal* W- CMC) H%h Low Bayw Safer CSr P/E Sal MALAYSIAN STOCKS 47t 196 m 5000 AISB 50c 302 -It *6 314 302 302 30* 3.0 -2.9 03 309.7 127
      2,485 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall in slim trading as unease continues
        6580 26 Bernama KUALA LUMPUR Share prices finished lower in slim trading as the all-round bearish sentiment continued. Late buying prevented the KLSE Composite Index from closing below the 955 level. It ended the day 5.76 points lower at 957.37. The Emas Index dropped
        Bernama; Source: Bridge Info  -  6,580 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8976 27 C* Gf M Wt IMS LM Vol Day Laat Qno« Dtv Hi YH IM Cu Atg High Lew Sim Sale COM) H%k Lm Bayer Salter CV P/E Ml Prtee MDUnilML AND fOMMCTCIAL 210 110 1258 Acer 50c US 184 -3 213 187 IM 1S4 183 12.5 104.6 5)0 382 mt
        8,976 words
      • Article, Illustration
        Lock icon KL budget fears overshadow Wall Street surge
        1793 28  -  By R Sivanithy SINGAPORE Local stocks yesterday failed to respond to Wall Street's powerful surge on Friday, with prices closing lower across the board on an almost complete lack of interest. The Straits Times Industrials Index ended a dismal day 17.24 points lower
        Charts by Bridge Info; Source: Bloomberg  -  1,793 words
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      287 17 NEWS VALUE Sombawanc USssoom loam to fond Investments (pg 1) Market taking a short-term view. Baafc Nun itafcw low foot— for IniuiUnent properties, (P81) Measures designed tp curb speculative excesses. Initial impact on stocks likely to be negative. Monitors dftcfcßsnonc shores ood Motion to Notional Kap I) Renong shares likely
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      180 18 WORLD BUSINESS CLAS-S |v The Latest Cinema Releases... i I FOR SALE I Corporate Bailding fit I Bedok South Road rw ii I I W a"* I \-i9 k lsi——: m.— I —chSC-—- I UPP2L-V--- \tpf I r \l\ HOB I \o\ HOUSING I ssfeii a d* 1 \o\ I
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      88 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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      41 18 JAPANESE YEN US DOLLARS SINGAPORE DOLLARS Multi-Currency is no problem with FACT. Automatic IJk T calculation of Exchange Gain/Loss and automatic posting for every transaction, instantaneously. Without any extra work. FACT Real-Time Business INSTANT Accounting Software. Toll Free 1800-*****32 accounting POWER
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      141 19 I Ik: nil imulr IM< <ISIII<o| cnrli moinrnl 111 l.ioV A C loiH HI J t lllllti' Manufacture Girard-Perregaux DFPCJIS 1791 Pictured Model ***** 0 52 675 Specially chosen to celebrate the jubilee of a model created in 1945 Exclusive Distributor: BMI Pte Ltd Tel: 737 3786 Fax: 737 7300
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      439 19 WORLD BUSINESS CLASS News, Current Affairs Travel... 3rd ASEAN YOUNG LEADERS'FORUM October 25-26,1995 Shangri-La Rasa Sertosa, Singapore JJ [L (Jointly organised by the Asean Business Forum and The Economist) "TOWARDS A BETTER TOMORROW" HUB Keynote Address, Official Opening By His Excellency Dato' Ajit Singh, Secretory-General ASEAN Asean in 21st Century:
      439 words
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      221 20 WORLD BUSINESS CLASS jl Flight Tracking Information... SUNTEC CITY I Mm m m m m m t sss I The New Commercial Hub -of Singapore I 8 mwM'Mwmms: mm *m% m I I 1* m mmmm t I I Situated on 11.7 hectares of prime land in I i&Mm |Il¥i*fef
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      26 20 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 For stories, «V quizzes 9 A St songs, i call Funland A J> -910-OOOI; P J) cents a minute.X
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      259 20 NOTICE NOTICE IS HEREBY GIVEN that, I NG KOK HUA of 205 Serangoon Central #03-144 Singapore *****5, have applied for a First Class Beer Licence in respect of M/s Hua Sun Cafeteria Pte Ltd located at 648 Upper Serangoon Road Singapore (*****1), and that this application will be considered in
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      391 20 M THE MATTER OF THE COMPAMEB ACT, CAP. 80 AND M THE MATTER OF TfVANQLE WfM COMPANY PTE LTD (M MEMBERS' VOLUNTARY UOUDATKM) NOTICE OF RMAL MEETMQ NOTICE IS HEREBY GIVEN pureuart to Sac Son 308(1) of CompantM Act Cap. 90 that tha Final l##tlnQ of I Mambars ot tha
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      97 21 Arts Management Associates presents VLADIMIR ASHKENAZY Piano recitalist extraordinaire" sw Diego Tribune, 1994 "Rampant power and spectacular virtuosity" The Times London, 1993 Ik. Celebrity Recital 19 October 1995, 8 pm Victoria Concert Hall Programme Ludwig van Beethoven Frederic Chopin Sonata in G major. Op 3i. No I 2 Nocturnes. Op
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      146 21 WORLD BUSINESS CLASS No wonder Northwest flights pass more quickly. »feast im I They go Northwest is the only US airline to offer you the epitome of choice and control for in-flight entertainment. Because we have a Personal B Video System for all First and World Business Class passengers on
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      76 22 CONGRATULATIONS GROUPE SCHNEIDER Merlin Gerin Square D Telemecanlque Schneider Manufacturing Singapore On Achieving The Prestigious ISO 9001 CERTIFICATION Antek Engineering IM.S 1 KIAN TECK DRIVE SINGAPORE 2262 TEL: *****33 FAX: *****10 S Subsidiary Companies: Amtek International Pte Ltd Amtek Investments Pte Ltd Amtek (Huizhou) Industries Ltd Amtek (Nanchang) Cable Co
      76 words
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      42 22 art your Burtnaaa Tlmaa, Strata Tlmaa. Sunday Tlmaa, UanHa Zaobao and other dafy nawapapan from your usuftl newwtand bictuti nyw oemana nwy. To erwur* a daly copy, cal j Customer Sarvtcea Section 4n 1800-749-2577. art aak lor home or otlce dalvary eervtoe.
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      77 23 For Sale by Tender The Arcade, 9th Storey Prime Raffles Place location Strata area approx. 8030 sq ft 99 years wef 1 Oct 1980 Ocean view Tenanted Tender ctoeing on Thure, 26 Oct 1995 at 3pm. Inspection by appointment. Tender documents available on request. 293 3228 100 Beach Road #35-00
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      20 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figarss are carried instead.
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      93 24 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 -was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      93 words
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      372 28 Slock code number for QnickStock Portfolio Manager service and real-time stock info. Call 1900-913-0003 at 30 cents a minute. BUSINESS TIMES LIFESTYLE EXCLUSIVE ENTRY COUPON BUSINESS TIMES There are two parts to the contest. Please complete both parts. LFESTYLE The passage below is about turbocharging. Just fill in the blanks
      372 words
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      13 28 Effi] MM «uM MM UN HH| iji u* «jm mjm «.M (IncorporatedlnMMi Mand)
      13 words
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      533 29 Reuter, Knight-Ridder THE key Panamax US Gulf/Japan grain route continued to fall in the London freight market on Friday after breaching the psychological US$3O level. Freight rates have been falling without respite since Aug 25 amid signs of weakening demand for minerals and grains. Fixtures TANKERS: Brokers said
      Reuter,; Knight-Ridder  -  533 words
    • Article
      FLEH unit to boost operations, get its own distripark
      399 29  -  By Yong Mei Fong SINGAPORE Freight Links Express Holdings (FLEH) is boosting the operations of its freight forwarding subsidiary Crystal Freight Services (CFS). It plans to bring CFS into the league of leading freight forwarders and, for a start, will provide
      399 words
    • Article
      Bremen, Bremerhaven see 7% rise in boxes
      213 29 SINGAPORE The German ports of Bremen and Bremerhaven are expected to handle a total of 1.6 million 20-foot equivalent units (TEUs) this year up almost 7 per cent from 1994. Emanuel Schiffer, a member of port operating company Bremer Lagerhaus-Gessel-schaft (BLG), said at
      213 words
    • Article
      Lock icon Channel price war to end in late '96: P&O
      297 29 Reuter LONDON P&O European Ferries believes that traffic through the tunnel between Britain and France will peak sooner than expected, allowing the tunnel and the rival ferries to end a painful price war and raise fares again late next year. In
      Reuter  -  297 words
    • Article
      Carriers' new schedule for Asia-US West Coast trade in '96
      236 29 HONGKONG American President Lines, Mitsui OSK Line and Orient Overseas Container Line have announced a new shared-vessel deployment for the Asia-US West Coast trade beginning January 1996. The programme will result in six weekly sailings from Asia to North America
      236 words
    • Article
      MARITIME STOCKS
      329 29 SES '000 Oct 16 S$ Vol CWT Distribution 1.46 unch 33 Chuan Hup Holdings 1.22 -0.06 133 Cosco Investment 1.86 -0.03 13 Far East Levingston 5.85 -0.15 319 Freight Links Express 0.725 -0.01 53 GB Holdings Ltd 0.995 unch 131 Hai Sun Hup Group 0.93 -0.01 83 Hitachi
      329 words
    • Article
      Lock icon Tanjung Priok to computerise activities
      148 29 Reuter JAKARTA Indonesia will computerise operations at its busiest port, Tanjung Priok, in an effort to reduce corruption, Antara news agency said. The official agency yesterday quoted Transportation Minister Haryanto Danutirto as saying the move was also linked to police efforts to reduce theft from
      Reuter  -  148 words
    • Article
      Lock icon MOL branch
      46 29 AFN SHANGHAI Mitsui OSK Lines Ltd has opened a branch office in Shanghai, according to a Xinhua news agency report. It said the company has opened container shipping routes to Tianjin and Qingdao. MOL has representative offices in Beijing, Tianjin, Dalian, Nanjing and Guangzhou.
      AFN  -  46 words
    • Article, Illustration
      Pursuing freedom of the high seas
      1226 30  -  Shipowners are seeing the advantages of using an open register for both shipping registration and raising finance through ship mortgages, Captain D J F Bruce reports Captain D J F Bruce The writer is senior vice-president, International Registries Inc FREEDOM of the high seas
      1,226 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      327 30 Page ACL II ANL 3 Able 7 Accord 10 Ahlers 6 Ahrenkiel 4 Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 B'tang Mas 10 Bright Express 6 CCNI 4 CMA II eosco 7 CSAV 3 Centenary 7 Central Ex
      327 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9819 36 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement m Zr» is? nT** 2. A Abu DhabV St Johns
      9,819 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        676 41 I. V«—I Voy No Bfth Arrival Ptpwturt *""> M (BT) Serliah 9/95 J1 alongside 17.10/0700 BT) Rahma Jaya 1/95 J1 alongside 17.10/1000 Batam bdafi N234 J9/10 alongside 17.10/2330 Batam Mum l(V05/95 J4 alongside 17.10/2300 p^tra 10/08/95 J1 alongside 17.10/1300 H«S 015/% J13 alongside 17.10/1200 £>»Jaya, 42/95 J12
        676 words
      • Article
        CONTAINER SCHEDULES
        1681 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookktg/BaUnce Rslts Ship Voy No Etfa/Btr Period From To From Acx Jade 260B 19/1700 4 17/1200 17/1459 17/1700 Acx Lavender 0038 17/1500 1A 16/1500 16/1659 16/1900 Acx Swan 192A 18/0500 IB 16/1500 16/1659 16/1900 3 17/0700 17/1159 17/1400 4
        1,681 words
      • Article
        GLOBAL HOLIDAYS
        214 41 OCT 20 Gutenab: Commemmoration of 1944 Revolution. Keaya: Kenyatta Day. OCT 23 Haafary: Holiday. ladia: Deepavali. Malaysia: Deepavali date subject to change. New Zealaad: Labour Day. Siagapore: Deepavali (although Eurodollar and Euroyen contracts still expected to trade). Tliailaad: Chulalongkom Day. OCT 24 Egypt: Suez Day. OCT 25 Taiwaa:
        214 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Foreign car makers find UK best choice for expansion
        318 42 Bloomberg Business News LONDON Britain is becoming the country of choice for foreign car companies' expansion plans, thanks to less regulated labour markets, according to weekend reports on developments in the car industry. Also, British government funding is playing a big
        Bloomberg Business News  -  318 words
      • Article
        Lock icon HK, Australia start aviation talks
        238 42 AFP HONGKONG Hongkong and Australia started a twoday round of talks here yesterday in an attempt to resolve a dispute over air traffic rights after both sides dropped earlier threats of tit-for-tat sanctions. A government spokesman said both sides had gone into the negotiations to
        AFP  -  238 words
      • Article
        Lock icon Ford says its parts plants in China are viable
        178 42 Bloomberg Business News BEIJING American car maker Ford Motor Co's four component plants in China will still be viable even if the company fails to win its bid to build its Taurus model cars in China, said Vaughn Koshkarian, the company's
        Bloomberg Business News  -  178 words
      • Article
        Lock icon Harley eyes India's market
        130 42 AFP NEW DELHI US motorcycle firm Harley-Davidson is planning to enter the booming Indian market which has already attracted Germany's BMW, offering an 800 cc and more powerful models, the Economic Times said over the weekend. Harley-Davidson chief executive officer Richard Teerlink told the newspaper that
        AFP  -  130 words
      • Article
        Lock icon Chrysler seeks partner to build Asian car
        243 42 UPI DETROIT Chrysler Corp appears to be accelerating its plan to be a global player by seeking a partner to build a minicar in Asia for less developed countries, reported yesterday's edition of Automotive News. The trade paper reported the proposed new car
        UPI  -  243 words
      • Article, Illustration
        Lock icon Vertical landing
        42 42 Reuter CHAKOTHI, Pakistan A Pakistani bus standing on end after plunging into a stream on a mountain road near the village of Chakothi in Pakistani-controlled Azad (free) Kashmir recently. Rescuers said all the passengers survived though several were injured. Renter
        Reuter  -  42 words
      • Article
        Lock icon Philippine group hails air pact with US
        163 42 AFP MANILA The Philippines' leading business group hailed over the weekend a new aviation agreement signed by Manila and the US recently. "The country as a whole will benefit from the development of the Philippines as a cargo hub for South-east Asia," Jose
        AFP  -  163 words
      • Article
        Lock icon HK may consider fiscal measures to curb car growth
        314 42 Reuter HONGKONG Hongkong planned to remove the tax benefit on company cars and was considering further fiscal measures to curb the growth in numbers of private cars, Secretary of Transport Haider Barma said. Mr Barm a yesterday said the government was
        Reuter  -  314 words
      • Article
        Lock icon Daewoo in US$136m public transport venture in Vietnam
        198 42 AFP SEOUL South Korea's Daewoo Business Group has tied up with Hanoi Car Service Co to build up Vietnam's public transport network at a cost of US$l36 million (S$ 193.1 million) over the next three years, a Daewoo spokesman said yesterday. A
        AFP  -  198 words
      • Article
        Lock icon B747-200s to be modified for MAS
        97 42 Bernama KUALA LUMPUR The Boeing Commercial Airplane Group, Wichita division, yesterday delivered to Malaysia Airlines the first of two 747-200 passenger airplanes under contract for modification into full freighter configuration. A Boeing statement said that the modification involved the removal of the passenger furnishings
        Bernama  -  97 words
      • Article
        Lock icon Sri Lanka lifts domestic flight ban
        99 42 AFP COLOMBO A ban on all domestic flights in Sri Lanka has been lifted conditionally but private airlines will still have to obtain air force clearance before take-off, civil aviation officials said. The government slapped a blanket ban on all scheduled and chartered domestic
        AFP  -  99 words
      • Article
        Lock icon Mazda's advanced safety vehicle
        89 42 Bernama-Kyodo TOKYO Mazda Motor Corp yesterday unveiled its advanced safety vehicle prototype equipped with new technology, in an effort to help prevent traffic accidents. Mazda is the latest Japanese carmaker to announce the development of such a safety vehicle, following Toyota Motor Corp, Honda Motor Co,
        Bernama-Kyodo  -  89 words
      • Article
        Lock icon Qantas workers end Sydney strike
        84 42 Reuter SYDNEY Qantas Airways Ltd said its 112 striking storage workers at Sydney airport have returned to work after walking off the job last Monday in the third industrial action at Qantas in three months. The 112 maintenance and engineering storeroom workers, represented by the
        Reuter  -  84 words
      • Article
        Lock icon Rover drops takeover plan
        88 42 Reuter LONDON Britain's Rover car group, which is owned by Germany's Bayerische Motoren-Werke, has called off plans to mount a second takeover attempt of components maker Unipart, the Financial Times (FT) reported. Since Rover launched a secret £170 million (Ss3Bo million) hostile takeover in March for
        Reuter  -  88 words
      • Article
        Lock icon Lufthansa's third weekly Viet flight
        97 42 AFP HANOI Germany's flag carrier Lufthansa is to launch a third weekly service between Frankfurt and the southern Vietnamese hub of Ho Chi Minh City from next year, a report said over the weekend. Klaus Schmidt, Lufthansa's general manager for Vietnam, said the new service
        AFP  -  97 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1407 42 AIRCRAFT ARRIVALS DEPARTURES C% HO W mm Ml QA974 0010 GA882, 2310 Maw* QR»l 1930 QF082 2055 mam am MMMa KL831 1025 GA974 0020 QA897 1255 KL644 0110 SQ327 1530 KJ.S38 2335 SQ026 2358 l»am 3Q348 2250 MM NZ073 1545 SQ288 2045 SQ286 2040 W2074 2340 I Ml Mm BM21
        1,407 words
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      45 29 BELIZE HONDURAS PANAMA REGISTER OF SHIPPING II LTD For registration of vessels, survey issue of Technical Certificates on behalf of maritime authorities of Belize, Honduras Panama Pursuing freedom of the high seas: Page 2 Foreign car makers find UK best choice for expansion: Back Page
      45 words
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      Page 29 Advertisements Column 2
      704 29 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 Pis see Pa 3 for schedule BULLETIN BOARDj— Air New Zealand announces two appointments S. au l Bingham, 27, was recently PA appointed Air New t I® regional marketing manager, Asia and Japan. He will be responsible for all marketing, advertising and
      704 words
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      1071 30 I übimjumi&A i mm u mm mi hi Mi <Bt m mm»at R3B MB W|BI VMBNMZ 4* 14/N N/N 44/11 41/11 44/11 44/11 N/11 H/11 44/11 44/11 11/11 *a W4MT |hß|ll/n| 14/11 |17/ll| N/11 B/ll B/11 Bflll N/11 I »/lt I MTHM WU H/H~ "®BjP fSS" 55? .M. t——4J— M
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      Page 30 Advertisements Column 2
      210 30 Lines and service* represented by. Members of the Registry of Accredited /ajGjJfckV Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Stopping rimes. Tel 740-2089/740-2090 PORT SHOTS The latest In sea, air and land transportation Shipping Times Monday to Friday Businesslimes jg mm ■BUFFALO SLD RfriVAftwAJKAMM I aurora dono
      210 words
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      2667 31 ttOFK SOUTH WEST EXPttSS (MKKT) *ga wr aim aiia lug I on I ot I I m I m I hou I wk I wot I mmmamamm m w/ii wi* ts/11 «y/ii w/11 w/11 w/11 w/11 11/11 iyii »*/ii auunmcm ma wit vn* it/11 14/11 ls7fi~ 14/11 u/11 ~iy7ii~ u/11
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      750 32 C «sa W HAM HUM ANT IHA SUM P.KHAM6 Ml| MS |UO IYO |SN (OK US unwua H7nT 15T" a/f 71/1 ma 13/10 I 17/10 ln/10 nSßrggJ Z WW IS/4M 73A 71/f 70/f PA 7*A 15/10 li/10 I 1»/10 I I «/io I- I 73/10" nwaumi MT nfa ~sii7ir~ ii/
      750 words
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      1345 32 I NORASfA 1 VB,,m ALO LAS BCL VAL HAM SHE ROT ANT PEL LHA s£i£i!!£ TA £11 22! 1,7/11 ,1 11/11 I *"i ivii 12/11 wi am wi wti "J*****®- *2* JSJ W" ivii 11/11 wi M/ 11 nni am ani 21/11 23/11 "■JJX *2* 52! jy ll a 1
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      Page 32 Advertisements Column 3
      573 32 JAPAN/HONOKONG/STKAITS REGULAR SCRVtCC LOADING FOR PORT KLANO/PENANO VESSH. VOY S'fOM P OUOAJM (~«G |"«N crm 1 slo slo mpt wit* n slo wrr CHUM KUAM 11 SU) WfT 200CT YAYASAMTUJUH 17 11 OCT HOCT PMEOMOHT M lIOCT M OCT MTIA 1 M OCT OCT WHTTE HAKUYO 71 23 OCT M
      573 words
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      Page 33 Advertisements Column 1
      924 33 ■J JP® STRAITS SHIPPING PTE LTD I 10 Hm Chiaai RiU *11-111 Keppol Towore Wmjm Sliftport 0208 Tel: *****88 Fax: *****17 pacific im snmpore GXWaf (A SERVICE OF CHMA NAVIGATION CO) STRAITS MOPE mm 1(0d 210* Mm, MiKMMMft IjMmi STRNISSTM mmt 25 Oct 77 Oct Mm. LtfMl ft IM MM
      924 words
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      Page 33 Advertisements Column 2
      1575 33 mm B&fO PAO Containers (Singapore Agencies) Pte Ltd Jr a| VAi 9 if Hoe Chiaag Road, #07.91 Keppcl Towers, Singapore 0288 First Class Connections WORLDWIDE Tefc 225 th«e rs ***** fnocsp Fa*: 225 5327/222 7517 CR Number *****9 *****Z EXPORT IMPORT X?* *«a *»WO MN SOU AMT ROT HAM OOT
      1,575 words
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      Page 33 Advertisements Column 3
      419 33 OUTBOUND m pa JON SO IMB MO IN HEYOKTW lSßTra»To«|B^Ru^| wiimiM^n7~iynrww «iyn ~awrTTWsrn-w~wn~wrw I 1 I Iwn I BuxcMMmmoi iwia aw 22/10 B9SH "W »ni wti I Bffi I ocn lam IBH I WAN MAI 211 BOM 21/11 2S/10 TO gggjj WT 02/11 "tyii iy» oyjl 117/11 «ti~l MAM MAI
      419 words
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      Page 34 Advertisements Column 1
      1106 34 EURQPE/UK/SCANDINAVWFINWND/fWSSIA tap MM «M NN TW UN LNV TNP ROM ANW HBfl PKL 5F RIBHT RW-BM 21/1« I*ll 11/11 12/11 14/11 11/11 E. GLOBE RI-M1 24/0 IM M U/10 E. RENOWN RW-813 21/10 17/11 11/11 11/11 21/11 22/11 E. GATHER RE-M3 2/10 1/10 4/11 Vl* «/1l M/IB 1/11 E. RACER
      1,106 words
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      Page 34 Advertisements Column 2
      713 34 B PERSIAN OULF SERVCE BSSE££F m «wr ita U6» 004W 2QnO SI/11 01/11 a §|M« «<M< rn2rr»n iot? 0/11 tQ, n WII Mil HUNI CONCORD I? Q24W ttili 12/11 13/11 14/11 1&/11 11/11 IA/11 Hum comma on-torn mn, wi wii Mm wji tttMM WO imffllTlfin ALIO ACCPTIM ABHR CM) t
      713 words
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      Page 34 Advertisements Column 3
      612 34 BmCHFKLDMAMNEAOENCCS (8) PTE LTD TEL: *****33 (12 UNES) FAX: *****18/*****03 TELEX: RS ***** MBMP (3 Uhm) CR NO: **********0E hjt -ifiM ACCEPTING FCL AND CONVENTIONAL Vmhl Voy BTA 1 niiflnn Tnr 2_ Abyot 41WB 23/10 > ofn^D^° t WHMnH 40W8 07/12 I7| H KHN HUNB LINC 2^,,^ FULLY CONTAINERISED REGULAR
      612 words
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      Page 35 Advertisements Column 1
      1620 35 ACanMCMM TO VAfttlA, ODESSA *****1 CttSTMVUVM UMABSOL 7W (frfrwl): mif t tfwMtMMr *t"*T Dm' COSTAR SHIPPING PTE LTD 2L f t£SrtL2!l m$ *muimu c~*f« trn M «mm tmmim w* ti7-m MuHßiMf CMmniui ittitst *0: *mm CwmLmTmi/M MH IkMr 2.*t. 12Ef ,WW F MOM ImtMl Ik -Vm IMIW ItaltmtM *2§t7U JOOOOt
      1,620 words
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      Page 35 Advertisements Column 2
      691 35 ®|B| HEUNG-A SHIPPING (KOREAN FLAG) II I I CR WO: 1416Q*****0 W WllCf I BKWOi WttCT BOPttQS S\fC ~j sa a r bpMsa s!; l^J^il"ili!"l:it#| iJT7T,T^^|L Sim 9[»va n/i» M/II Mflj-Jj/IL whwwmi 15TO* ww w* t!m Tn aoa* i S4IS/R li/io a/itl W/iol 3i/fUi/nlo>/n w/ii n/n IHW TMII M7U H7TT
      691 words
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      Page 35 Advertisements Column 3
      541 35 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 y HOT UNE: *****33 (30 UNES) I WE PROVIDE I Weekly Sailing DIRECT CONSOL to HAIFA ASHDOD also accepting cargoes to TEL AVIV, JERUSALEM, REHOVOT BEER-SHEVA RISHON-LEZION Call us for details *****33 Ken/Sylvia/Ramlah Imah/Molly _PjCLANGPH:O2Oa/*****02 00 UNES) PENANG PH: 0204/*****7 (10
      541 words
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      Page 38 Advertisements Column 1
      964 38 kW JSJ ill IKI 11 K■ I §KB 11 wJw^B ilvtsßg. voy mm i jut i iy« voy mm m T^M Hi I IwAHABHUM 2988 Wd 118/10 I 21/10 OURU BHUM »1« T»m [18/10 ~B« Ifi /1Q M IK ""5 joooo BABY* 188 ~FH IZZT THAHA BHUM 14» 23/10 Wnd
      964 words
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      Page 38 Advertisements Column 2
      915 38 y ANSON ROAD, tai-01, tWIOAPOWI oto7 AWAITS HUI IWM <iHViri PORT KLAMO i PENANO tt«a 1 vor 1 m wa ■«a m S SEA LAUREL 42SW WIOTHU 2<yio FRI B DftAGOWHAS BON EAGLE 9RBZE 216 A I*lo THU ~/IOSAT 1 SKAK 9MM SMSM S2Si FARO ***** 2MOFBI ~22/10SUN M LHOTSE
      915 words
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      Page 39 Advertisements Column 1
      534 39 iBSAA H MYANMA WBk FIVE STAR UNE (IjfWMr NHwbl Um) L*Wbf far Ym|M (Hm|aaa) wsa vot SM m rw rm ■YOBMYWA IS4W HPT 010 iw M/it Ok IK 04M***** ML m 81-BS-I7MIBI fbb m n-M-MiMti rm m o*7-*****11/4 BANK LINE (A Mrvtn W Aa+tw WWr SMffMf) NOBTHBOUNP TO UKC SM4MOIOB
      534 words
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      Page 39 Advertisements Column 2
      853 39 ADVANCE CONTAINER LINES (PTE) LTD API 140 Otcfl Strwt, #12-00, PM. Bußdna. Stnoaoora 0108 mmMvLI TEL:22I2CI,FAX:2233OIB,TELEX :R*****0 ACLPL CR NO. **********0E ii*ZZ 'w —5T"* mt s*!L, —iys y y —sem. w w IP> WOMI a/W *m M/w md If/W tm_ CTAKAH WTKg M/g B/IQ WW »/W im SfijMS! JBfiL W9
      853 words
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      Page 39 Advertisements Column 3
      740 39 1'"'" IWV I 994 ISWM6 HA—UWO ITHOMMPQWT WOTTWMOM AI4IWMO *mog9Aom* 91 iw wio 07/11 ovti I*ll 11/11 i*ii wmy«owA AHW 2*lo wii ia/11 17/11 wii am "Z. V-LE 06 OCMNA HHW 31/10 21/11 29/11 Wll 2*ll 27/11 MU£ DC LYRA VIIW 07/11 9/11 21/11 01/11 09/12 OVtt ALSO ACCBTWO CARQO
      740 words
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      Page 40 Advertisements Column 1
      529 40 wJLZ) SINO IXPRISS SHIPPING (PTI) LTD. V W I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. T f TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX V SINOTRANS SHANQHAI (CONTAINER SERVICE) BIW/HKQ/SHAI T S-PORE HKQ miu VESSEL VOY ETA 1 ETD ETA ETP ETA ETP mass asanas mi
      529 words
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      Page 40 Advertisements Column 2
      458 40 Pam MM COMTAIMFW I IMCg IMft I fTTTI Aft*; MAC-Wtu SPORI: *****22 (24 UNCS) KUCiiNG: mowa rJ\y viJ «»u:<o9«ni9i7» hmma^mdmsmci BANGKOK: (002)*****97 SURABAYA: (91)*****0 *BAHO:(Q3)aM2«77 JtCT: (21) *****07 MOW; (01)*****0 9AXXJNQ: 02)*****00 I ASIA HKG/TWN/BKKI GENOA/EUROPE I 1 PEN PKL SIN DAILY RFPFMNH PEN PK SIN I 20/10 21/10 22/10
      458 words
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      Page 40 Advertisements Column 3
      113 40 I rfZDRAFT-CARGOMVS MP (S) PTE LTD X ICDLahora 3 ICO MMKARACHI S ICODtala/ X> CALCUTTA*// BOMWYJ /CWTTAQONG NMIotNI v* c> V CALL: 222 9090 (12 UNES) MARKETING «M»^9 NVOCC CONSOLIDATION Fa SERVICES Our Customer'! Satisfaction B CHx Reputation GEMARTRANS 81-WEEKLY BEBVICE TO HQ CHt MINH UWII uk RtS Sfe S9JSP-
      113 words
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      Page 40 Advertisements Column 4
      160 40 MFL SHIPPING (INT'L}-: SSSSf PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCULCL CONSOLIDATION SERVICES HOT UNES; *****42/345 i®"** CARGOES TO EUROPE BASE PORTS/ SYDNEY/MELBOURNE gffijjsarggjg^gf* SERVICE vor" CONCORDIA VOQ4S 19/10 IBXOES VOMS 26/10 VKSEI VOY ETA (SIN) VU*»HUM W2S 21/10 VjjABHUM_ V.153S 287T0 VOY ETA (SHI) GURU BHUM Y5153
      160 words
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      Page 41 Advertisements Column 1
      124 41 mmmuni KRIS Wooing Pit Ltd own* MAD, vratnwtsn U: *****74 tea *****77 qianniwiwit f KUOMftf FBi visse wr iiDsras rasa vor nssras NKAOVBK 9541 *****995 OfiMBUK 9559 23.1C.199S MKAOVUK 9543 2ft.19.1995 mSMEHM 9541 31.11.1995 OS MAMA 9513 27.19.1995 I iMmiii 1 I». J I I rasa vot nßsraH vissa voy
      124 words
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      Page 41 Advertisements Column 2
      73 41 NIPPON EXPRESS (Worldwide Consolidation S/tlwn) FIXH) WraaY DEPARTURE ARRIVAL TO: Arrow U,SJL IRIIHRVI- nvsMMrotf IMmMfl (VBtY MONDAY ■HiiaiiSlSiH muMno EVBnr TMMtSMY naaacMO EVHT lUESMT Arrow Europe (17 DAYS TRANSIT ONIV) ■791TOEWM ntrras EVBnr sxratMT Ett FBJXSTOW( EVBnr IMSMT H*****55H EVBnr TMKMY mum— EVBnr smmt Also occ«prt»g cor«o to ol Inland
      73 words
  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      118 41 REGIONAL WEATHER «K LEGEND: R Thunderstorm Temperature »q V Shower W*ollun Wind drection with speed in knots •e Rain {J Cloudy Sky Wov h h SerfKe winds ere indkoted by arrows winch Hy witti tke wind Q One Mi circle represents cafcn or light and vonobie wrtds One hoif Heche
      118 words
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