The Business Times, 15 November 1995

Microfilm: NL20492
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA(P) 194/12/94 85« SINGAPORE Internet: http:/ /www.asia 1 .com.sg/biztimes ATiDNESDAY, NOVEMBER 15,1995
    15 words
  • Article
    MARKET SUMMARY
    73 1 stu 2,007.00 (+3.10) nnooaip mm 1JZL36 (-0.92) BT-MGA MU3 (-0.82) m MAEKETMOOD: U Mixed 9T0G1HA1KET INDICES Tuesday Change STII 2.***** +110 KLSECOMP 883.96 -4.54 NIKKEI 17,802.51 +1S0S HANO SENG— 9,***** +2115 SET INDEX 1,***** -4.42 JAKARTA COUP 406.65 -0.70 MANILA COMP U40.41 -19.64 TAIPEI WPI 4,610.97 -87.63 SEOUL
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  • Article
    FINANCE
    69 1 EXCHANGE BATES us$ s$ USS 1.412 t 1.555 ±196 DM 0.706— 0.996 ¥100 1.387 m «Jt94 0.557 HKI Mas. 0.183 BART 0.040. 0.056 RUPIAH100 .0.044 0.062 FIIMB BATES SINGAPORE* 644 KUALA LUMPUR....™ 7.96 JAKARTA 115# BANGKOK 1.1.50 MANILA 11.00 HONGKONO IN TAiPH 8.00 SYDNEY 10.75 TOKYO 180 SEOUL 12.00
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  • Article, Illustration
    Lock icon RSP, Khattar to build Madras township
    488 1  -  $160 m venture with India's giant MAC group is biggest S'porean investment in Madras By< Catherine Ong IsirsuAruKßij 1 wu Singapore companies headed by architect Albert Hong and lawyer Sat Pal Khattar have teamed up with a consortium led by the MAC conglomerate of
    ARTHUR LEE  -  488 words
  • Article
    Jakarta allows open-end funds in bid to boost sector
    400 1  -  From, Maggie Ford in Jakarta INDONESIA yesterday announced details of new regulations to boost the fund management industry and protect retail investors against fraud. Finance Minister Mar'ie Muhammed said yesterday that a new capital markets law would allow open-end funds for
    400 words
  • Article
    Modest international debut for Telkom
    284 1  -  From Maggie Ford in Jakarta INDONESIA'S US$l.6 billion (552.2 billion) flotation of its telephone company PT Telkom made a modest impression on international stock exchanges last night. In Jakarta it opened at 2,175 rupiah a share, up 125 rupiah on its offering price of 2,050
    284 words
  • Article, Illustration
    Lock icon SIA in record US$12.7b deal for 77 Boeing jets
    579 1  -  By Conrad Raj [SINGAPORE] Singapore Airlines surprised the aviation world yesterday with an order for 77 jetliners from Boeing for a whopping US$l2.7 billion (Ssl7 billion). It is the largest single order for the twin-engined 8777 and SlA's largest aircraft purchase,
    Source:; FRANCIS  -  579 words
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      Page 1 Advertisements Column 1
      173 1 «811)B What shutdown? Emergency steps taken by the US Treasury have calmed financial markets and allayed Investors' fears about the impact of the partial shutdown of the US federal government, P*ll Hat can BT revs up a new column sentiment in the Singapore car market. An index formulated from sales
      173 words
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      Page 1 Advertisements Column 2
      130 1 OUB RenoPlus is the only home renovation loan smart enough to help you save money. X. x You'll pay one of the lowest interest rates in town at Prime* 3% p.a. (monthly rest). You'll also earn an extra 2% interest on your Multi Link deposit, up to your RenoPlus loan
      130 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      S'pore investors in China food centre fall out with management
      510 2  -  Chongqing business posted 2.5 m renminbi operating loss in its first nine months By' Teh Hooi Ling A GROUP of investors in China's first Singapore-style food court and entertainment centre have fallen out with the management after the business posted
      510 words
    • Article
      US mobile satellite giants wooing S'pore Telecom
      446 2  -  Telecom weighs up offers as networks seek its jfirticipatioi as servici provider [By* Genevieve Cua jUS-BASED operators of multimillion dollar global mobile systems are seeking Singapore Telecom's participation in their networks as a provider. BT understands that Moto-rola-led Iridium Inc and Glob<alstar have
      446 words
    • Article, Illustration
      Telecom to make global multimedia services available
      381 2 SINGAPORE Telecom is laying the groundwork for international trials of high-speed, high-capacity Asynchronous Transfer Mode (ATM) technology, with the aim of making global multimedia services widely and easily available. Telecom chief executive BG Lee Hsien Yang said: "Next year we hope to begin
      381 words
    • Article, Illustration
      Lock icon SMEs feel pinch of rising costs
      349 2  -  EYE ON THE ECONOMY COSTS By Anna Teo COSTS may have moderated in the third quarter but they remained on the rise, and the impact falls on mainly small and medium-sized enterprises (SMEs), says the Singapore Chinese Chamber of Commerce Industry. Despite the generally
      Source: Dept of Statistics; FRANCIS  -  349 words
    • Article, Illustration
      Toys 'R' Us expands in S-E Asia
      317 2  -  By, Jenny Lam TOYS 'R' Us, the world's leading toy retailer, will expand its chain of stores on both sides of the Causeway over the next three years and may open shop in Indonesia soon. The expansion in Singapore takes off on Saturday
      317 words
    • Article
      Construction firm Heng Mah fights to stay in business
      316 2  -  Company to offer unsecured creditors 70 cents to the dollar By\ Siow Li Sen CASH-strapped Heng Mah Construction Pte Ltd, which is fighting liquidation, will offer unsecured creditors 70 cents to the dollar this morning. The offer is an improvement over
      316 words
    • NEWS Roundup
      • Article, Illustration
        Stanochart's 24-hour virtual banking
        66 3 STANDARD Chartered Bank yesterday launched what it riatma to be Singapore's first 24-hour "virtual banking" centre at its Tanjong Pagar branch. Called the Money link Centre, it provides customers with round-the-clock hanktng services via an array of user-friendly multimedia devices and terminals. One interactive multimedia terminal,
        66 words
      • Article
        Trakindo in US$120m offshore loan
        85 3 INDONESIAN tractor group Trakindo Utama has returned to the Singapore-based Asian dollar market after a 20-year absence. The group signed a syndicated deal here yesterday to borrow USII2O million ($169 million) from the offehore market. The three-year loan bears interest 1.4 per cent above the
        85 words
      • Article
        KL wants more defence industry tie-ups
        75 3 MALAYSIAN Defence Minister Syed Hamid Syed Jaafar Albar said he hoped to see more regional collaboration in developing defence-related industries, to an interview with the Television Corporation of Singapore yesterday, he spV* such a move would be more cost effective and would result in
        75 words
      • Article
        Lock icon N Ireland woos S'pore investors
        94 3 The Straits Times SINGAPOREAN companies would make good partners for Northern Ireland firms which want to do business in Asia, the British Parliamentary Undersecretary of State for Northern Ireland said yesterday. "I can't think of a better place to find partners with which to tackle
        The Straits Times  -  94 words
    • Article, Illustration
      Lock icon New players behind land price surge?
      347 3  -  Analysts Jump in industrial property prices helped by people seeking cheaper office space By. Abdul Hadhi THE big rise in industrial property prices in the past two years could have been caused by new players entering the market, property consultants and analysts said yesterday.
      Source:; ALLAN  -  347 words
    • Article
      National accounts updated to 1990 base
      531 3  -  Rapid growth, technological change, prompt revision from 1985 price levels By. Anna Teo SINGAPORE'S key economic data currently expressed in 1985 dollar values have been updated. The Department of Statistics (DOS) has completed the rebasing of the Singapore System of National Accounts from 1985
      531 words
    • Article
      Turks seek extension on dumping inquiry
      108 3 TURKISH exporters of steel bars to Singapore are to appeal for an extension to answer anti-dumping charges. The Trade Development Board (TDB) had given them until today to reply over its investigation into the alleged dumping of cheap steel bars onto the market here.
      108 words
    • Article
      Days of the green car still a long way away: Shell
      235 3 GREENIES who picture themselves zipping about in hydro-gen-powered cars and other zero-emission vehicles will have to be more patient, if not disappointed. According to oil giant Shell, fossil Aiels will remain the most viable form of energy source for
      235 words
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      Page 2 Advertisements Column 1
      98 2 B Leung I800flk» 8 Worldwide ■NfatrAMm FOR LEASE FORM INDUSTRIAL BUILDING T«mplw» St »a. ttnomeora By Brand n«w 6-stor«y light industrial building Floor area from 15,000 *qf to 47,400 sqf fwllawl corporate Image 2 Only 7 minutaa drtva to Changl Int Airport Hj All waatharad loading/unloading facllltlaa Available Fabruary 1096
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      Page 2 Advertisements Column 2
      212 2 Unforgettable Wedding begins hen... at Maple Garden, we believe in uifttn treating your guests to the best. r Let our 6 master chefs from Hong Kong tantalise the tastebuds of your I v guests in our regal charming If Our impeccable service and efficient staff will shower Jf f i
      212 words
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      Page 2 Advertisements Column 3
      125 2 With a worldwide team of 125 multi-disciplined B professionals and a network of international offices, B OCR A provides confidential and cost effective company B formation in all the major low tax areas including: B •BRITISH VIRGIN ISLANDS «CAYMAN ISLAND I IRELAND- •MAURITIUS "JERSEY B •SEYCHELLES SAMOA B Full professional
      125 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      174 3 HAIR PROTECTION WEEKM For the first time in Singapore, The Asian Society of The Asian Soorty of Txctvlogr 1 based I Trichology is sponsoring complimentary Hair Protection leodng outhonty on harJoss, and j I Consultations allowing men and women with hair London kisMute of IncMo&ts «W I problems to receive
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      Page 3 Advertisements Column 2
      113 3 What's Prata without curry? IHr 'na AJliirlrA^ yML, Bf What's insurance without AGF? AGF is a letting international insurer with more tlian team of professional staff is supported by an extensive 2(5.(XX) employees in 39 countries worldwide. We iK'twork of agents and brokers to provide you with provide a range
      113 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon Bulls run out of horsepower
      759 4  -  Car buyers and distributors can now get some directions from BT's new Car Track index to steer them in the market By l Christopher Tan BTrevs up with a new column today to keep track of sentiment in the car market. An index formulated from
      Compiled by BT; JEN CHUA; ARTHUR LEE  -  759 words
    • Article, Illustration
      Lock icon Aussie unit headed for downtrend
      386 4  -  TECHNICAL VIEWPOINT &inggit/S$ trend will continue if earlier corrective territory not challenged By: Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) for Dow Jones Telerate. His views are not an invitation to trade, neither do they represent the views of
      Source: Dow Jones Telerate; ALLAN  -  386 words
    • Article, Illustration
      New twist in forex marts
      578 4  -  FUIVD MUMMER'S DIARY Trading models debtmking former textbook theories By Deep Kapur The writer is a director at Koeneman Capital Management in Singapore with investment responsibilities in global asset allocation and currency hedging. UNTIL the summer of 1992, students of international economics were typically taught
      578 words
    • Article
      S Africa offers more bulls than lions
      454 4  -  Large market cap makes Johannesburg equities bankable By I Shiv Taneja LOOKING for a little portfolio diversification? Try South African equities. It isn't as far-fetched as it sounds, because by next year Asian investors, especially retail investors, will be able to have easier
      454 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      311 4 Internet and the Singapore Business Environment 4 December 1995 Westin Hotels 8.15 am to 2.00 pm (including lunch) H B Do you feel that the Internet has no relevance to you and your business, or that you are being left behind in the information age? Are you intrigued by the
      311 words
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  • SOUTH-EAST ASIA
    • Article
      Weak Western markets boost infra-Asian trade
      376 5  -  SINGAPORE Trade in Asia ap 20% to hit new high of USss4Bblast year as trade surplus with West widened By i Chuang Peck Ming POOR market conditions in the West in 1994 have led Asian nations to export more to each other instead. Intra-Asian
      376 words
    • Article
      Privatisation of water utility: IFC to advise Manila
      296 5  -  SINGAPORE World Bank arm to supervise competitive bidding procedures By I S N Vasuki THE World Bank's finance arm, the International Finance Corporation, has signed a deal with the Philippine government to advise it on Asia's first large-scale water privatisation. The IFC
      296 words
    • Article
      J P Morgan is financial adviser for Paiton project
      202 5  -  U SINGAPORE By S N Vasuki GERMANY'S Siemens and British utility Powergen have appointed a consortium of international banks to lead manage and underwrite finance for a US$l.6 billion power project at Paiton, Indonesia. J P Morgan is the financial adviser
      202 words
    • Article
      Lock icon Anwar says losses won't deter investment in steel
      121 5 MBT [KUALA LUMPUR] The government will continue to nurture the steel industry currently spearheaded by Perwaja despite the losses incurred by the corporation. Deputy Prime Minister Anwar Ibrahim said it was in the interest of the country to continue investments in the
      MBT  -  121 words
    • Article, Illustration
      Lock icon Striking while it's hot
      44 5 [MANILA] Employees of financially-ailing Philippine Airlines striking in front of the company's offices in Manila's financial district of Makati yesterday. They are threatening to shut down the airline because of the lack of progress in labour talks with management. Reuter
      Reuter  -  44 words
    • Article, Illustration
      Compromise formula may save Apec meet
      318 5  -  APEC INSIGHT But farm trade row onlikely to be folly resolved By Yang Razali Kassim Heads of government from the Asia-Pacific nations, who gather in Osaka this weekend for their third summit, will have to grapple with the seemingly opposing principles of "flexibility" and
      318 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      74 5 l lriic Measure ■jgt: i I Jlcsl ylr Music Syslrms I I K lIM K I It Ml I I H I >ll l( I 111 lltrlltu >1 Mhl II lit >1 #«//1 I 11l ll A\ rtihihlt- ilin-i I hunt AII A'. 111 II I' I I 111 >//(!•
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  • FOCUS: IRIAN JAYA
    • Article, Illustration
      Awakening Indonesia's sleeping giant
      1354 6  -  Irian Jaya is poised for an economic transformation, as well as a social one, that could undermine political stability in the remote province From Leslie Lopez in Jayapura, Irian Jaya IRIAN Jaya, according to H Soepadyo, is a sleeping giant with many mysteries. "We want to
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      307 6 This November, salmon gets into the limelight at WU Jack's Place. Catch them in action, YOU'LL LOVE THE WAV ifS PUT TOGETHER DELICIOUSLjt. Appetizers Smoked with Salmon with Pacific Clam $12.60 Leek and Quail Egg $8.00 Salmon in cubes saut&ed in clam oyster sauce Salmon slices garnished with leek and
      307 words
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      Page 6 Advertisements Column 2
      154 6 Lian Bee Corporate Gifts pierre cardin f\ \/l PAHS J f pPV BRAUN* ir BOFFtI 11 ***** W QBMff renoma *1 cou^^es Wken It Comes To Creative Gift ideas, Lian Bee Brings A Wkole New World To Ligkt Impress your clients and customers with something that s a little different,
      154 words
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  • CHINA-HONGKONG-TAIWAN
    • SINO Brief
      • Article
        Lock icon Beijing acts to curb insider trading
        53 7 Reuter [BEIJING} China has issued rules expected to curb insider trading and cheating by stock brokers, the official Xinhua news agency said. Brokers must now obtain a business certificate and those in specialised work, such as banking, insurance, securities and futures trading, must have
        Reuter  -  53 words
      • Article
        Lock icon Commodity exchanges cap holdings
        56 7 Reuter [SHANGHAI] The main Chinese commodity futures exchanges are reducing limits on market positions in active contracts after an order from the China Securities Regulatory Commission, the China Securities newspaper said yesterday. They include the Beijing Commodity F.-grhangn, the f.hina Commodity Futures Exchange In Hainan province
        Reuter  -  56 words
      • Article
        Lock icon Plugging loopholes in trademark laws
        51 7 AFP [BEIJING] China has passed new regulations to supplement its Trademark Law and prevent infringers from exploiting loopholes in the la-yeeixrfd legislation. State Administration for Industry and Commerce generaldirector Wang Zhongfti said the rules improved procedures for trademark examinations and approvals, the ChinaDaify said yesterday.
        AFP  -  51 words
      • Article
        Lock icon China's budget deficit set to hit 63b yuan
        64 7 Reuter [BEIJING] China's budget deficit is expected to be 68.1 billion yuan (5510.6 billion) in 1996 and will not exceed targets, the State Information Centre said yesterday. Government revenues are forecast at 647.1 billion yuan, a rise 0f24 per cent from 1994.
        Reuter  -  64 words
    • Article
      Lock icon Foreign trade grew 25% in first 10 months to US$221b
      185 7 BEIJING UPI CHINA'S foreign trade jumped 24.6 per cent in the first 10 months of 1995 compared with the same period last year to reach U*****.9 billion (*****.5 billion), the China Daily reported yesterday. Exports stood at U*****.37 billion while
      UPI  -  185 words
    • Article
      Lock icon China to set up national interbank lending market
      347 7 SHANGHAI Move will allow central to use open market operations to control money supply Reuter CHINA yesterday announced plans to take its financial system to a new stage by setting up a national interbank lending market, with the central bank using open
      Reuter  -  347 words
    • Article
      Lock icon Computer sector to grow 3-fold by 2000
      180 7 BEIJING AFP THE output value of China's computer industry is to increase more than three-fold over the next five years, hitting 170 billion yuan (5J28.7 billion) by 2000, Xinhua reported yesterday. Demand for computers in China is expected to grow at an annual
      AFP  -  180 words
    • Article, Illustration
      Lock icon Queueing to join the army
      64 7 [BEIJING] Teenagers undergoing a physical exam on Sunday as part of the application process to join the People's Liberation Army. This year's recruitment attracted over 14,000 young Beijingers. Although the pay is negligible, the army is able to attract so many applicants because it promises
      AFP  -  64 words
    • Article
      Lock icon Beijing, Seoul to step up economic cooperation
      340 7 SEOUL Jiang, Kim discuss joint development of N-power, aviation, (sas exploitation AFP SOUTH Korean President Kim Young-sam and Chinese President Jiang Zemin agreed yesterday to step up cooperation in the fields of nuclear power, aviation and natural gas exploitation in Siberia. "We agreed
      AFP  -  340 words
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      108 7 There's something dnp Intldt you that doos not plan your llfo around an organiser. Or an organisation. It's tho samo strong fooling that soos possibilities where others see problems, that SUZUKI \V/l H r¥a 1/ dosorves little motivation to maka It through tho day, that noods no romlndors about gottlng
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      1422 8 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 r r i i L. C. Development Ltd (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 23rd Annual General Meeting of the Company will be held at the Board Room of the office of L.C. Development
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      Page 8 Advertisements Column 2
      619 8 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 CHANSE PTE LTD (In Utmbtrs' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 50 Lorong 1. Telok Kurau. Singapore *****1 on llth November 1995 the following Resolutions were duly passed: SPECIAL RESOLUTION That
      619 words
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      Page 8 Advertisements Column 3
      671 8 IN THE MATTER Of THE COMPANIES ACT. CHAPTER 80 AND IN THE MATTER OF KHENO ANN REALTY (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter SO. that the FINAL MEETING of the Members of the abovenamed Company
      671 words
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      Page 8 Advertisements Column 4
      898 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of AIRLINE REPRESENTATIVE (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 o( th« Companies Act, Chapter 50, that tha FINAL MEETING of the Members of the ebovenamed Company will
      898 words
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      Page 8 Advertisements Column 5
      288 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AND IN THE MATTER OF WIRAH INVESTMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Compeniee Act, Chapter 50, that the Final Meeting of the Members of the abovenamed Company will
      288 words
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      Page 8 Advertisements Column 6
      479 8 IN THE MATTER Of THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF WIDIA B.E. ASIA (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the CompenleeAct, Chapter 50, that the FINAL MEETING of the Members of the abovenamed Company wW
      479 words
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      Page 8 Advertisements Column 7
      517 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AND IN THE MATTER OF QUANTUM DIGITAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50. that the Final Meeting of the Members of the abovenamed Company will
      517 words
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  • ASIA
    • Article, Illustration
      Lock icon A queen on his side
      79 9 [NGARUAWAHIA, New Zealand] South Africa's President Nelson Mandela waving to children with New Zealand's Maori Queen Te Arikinui Te Atairangikaahu next to him while visiting the Turangawaewae Marae here yesterday. The Queen is head of the country's leading confederation of tribes. Mr Mandela was here
      REUTER  -  79 words
    • Article
      Tokyo releases data on bad loans
      398 9  -  TOKYO Little change in 37.4 trillion yen figure, based on actual returns By. Anthony Rowley JAPAN'S Ministry of Finance last night published what it claimed are definitive figures on problem loans among Japanese banks and other deposittaking institutions. Although based for the first time
      398 words
    • Article
      Lock icon Japan to issue bonds to cover deficit
      149 9 TOKYO UPI, FT JAPAN'S finance minister yesterday declared the country's fiscal condition critical and called for the issuance of deficit-covering bonds for the 1996 budget. Finance Minister Masayoshi Takemura said the bonds, to be issued for the first time in six years, will
      UPI,; FT  -  149 words
    • Article
      Lock icon Sri Lankan-led group wins US$500m solar plant deal
      198 9 COLOMBO Reuter A SRI LANKAN-LED consortium has won a tender to build a US$5OO million (Ss7os million) solar power plant to generate 200 megawatts of power in the Indian state of Rajasthan. Energen International Ltd, a member of Sri Lanka's Ceylinco group
      Reuter  -  198 words
    • ASIA Notes
      • Article
        Lock icon Murdoch plans Hollywood Down Under
        73 9 AFP [SYDNEYJ Media magnate Rupert Murdoch is to build the biggest film studios in the world outside Hollywood on a prime site here costing A|2 million (Ss2.l million) a year to land rent New South Wales state premier Bob Carr said yesterday. Hie project represents
        AFP  -  73 words
      • Article
        Lock icon Nakayama replaces Eto as state minister
        52 9 AFP [TOKYO] Japanese Prime Minister Tomiichi Murayama yesterday named Masaaki Nakayama as new state minteter replacing Takami Eto who resigned on Monday after his remarks on Japan's colonisation of Korea outraged SeouL Mr Nakayama takes over as the of the government's management and coordination
        AFP  -  52 words
      • Article
        Lock icon Strikes cost Karachi US$38m a day
        38 9 Reuter [KARACHI] Strikes in the volatile city of Karachi, Pakistan's economic hub, cause losses of nearly US$3B million (5153.6 million) a day, a Karachi Chamber of Commerce Industry study has calculated. —Ratter
        Reuter  -  38 words
      • Article
        Lock icon Daewoo to build US$48m India plant
        52 9 AFP [SEOUL] South Korea's Daewoo Electronics Co will build a US$4B million (5567.7 million) joint-venture home appliance plant in India as part of its "Go Global'' project. Daewoo holds 76 per cent of the venture. India's Anchor Electronics and Electricals Ltd owns 24 per
        AFP  -  52 words
    • Article, Illustration
      Lock icon Australia has too many new houses: analyst
      302 9  -  SYDNEY By\ Surinder Singh AUSTRALIA'S residential property market already in a slump which does not look like it has bottomed out was hit yesterday by more bad news. Industry analyst BIS Shrapnel said it expected 123,000 new dwellings to go up in financial
      Source:; BCRUZ  -  302 words
    • Article
      Lock icon Aussie interest rates could rise as early as February: forecaster
      303 9 CANBERRA Reuter AUSTRALIAN interest rates could go up as early as February as excessive wage growth fuels underlying inflation, economic forecaster BIS Shrapnel said. "Excessive wages growth will push the underlying inflation rate above 5 per cent in calendar 1996,
      Reuter  -  303 words
    • Article
      Lock icon Disgraced Roh threatens to tell all
      212 9 SEOUL Threat to expose politicians who used slosh funds Reuter, AFP DISGRACED South Korean ex-president Roh Tae Woo, facing possible arrest and trial, has threatened to expose politicians who dipped into his slush funds during the 1992 presidential campaign. As the state prosecution case
      Reuter,; AFP  -  212 words
    • Article
      Lock icon NSW signs A$120m studio deal
      101 9 SYDNEY Reuter THE New South Wales state government has signed a Asl2o million (*****.5 million) agreement with News Corp Ltd's Fox Studios to transform the Sydney Showground complex into a movie studio and entertainment complex. The deal entails a 40-year lease with a 10-year option
      Reuter  -  101 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      147 9 BUSINESS TIMES T01.1,-FRF,R,Ti:i.. No. 1-600-741-1883 f'AX:74I-1296 mm (Incorporated In the Republic of Singapore) To: A* Shareholders IMPORTANT NOTICE ANNOUNCEMENT OF HALF YEAR FINANCIAL STATEMENT AND DWIDENO ANNOUNCEMENT FOR THE SIX MONTHS ENOEO 30 SEPTEMBER 1995 OF ROTHMANS INDUSTRIES LIMITED. CLOSURE OF BOOKS Further to our announcement dated 10 November 1995.
      147 words
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      Page 9 Advertisements Column 2
      144 9 (ReeMS^3j/ )Body Soul M\ I At the ©Phytomer Spa at Shangri-la's Rasa Sentosa Resort, revitalise and J K re-energize yourself in total comfort and luxury. Pamper yourself with a I whole range of personal programmes to ease away the stress and strains of f a busy work schedule. ®k I
      144 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      187 10 Yes, Spain. Each and every one has Yes, Technology. the potential to provide innovative, creative solutions to help further In a world where surprises are rare, develop your country's industry. over 200 Spanish companies are staging a technology exhibition A package detailing the at the Queen Sirikit National exhibition is
      187 words
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  • THE WORLD
    • Article
      Markets shrug off US govt shutdown
      520 11  -  ASHINGTON steps feton by Treasury ■fashion impact Md allay investors' Mrs, say analysts 1* Leon Hadar TOE financial markets have fimain unruffled by the shutdown of the federal government on Tuesday, after the US treasury announced its plans to prevent national default by using
      520 words
    • Article, Illustration
      Lock icon Shelling out the blame
      48 11 NEW YORK] Protesters angry over Nigeria's hanging of nine minority rights activists marching outside the Shell's headquarters here on Monday. Shell is the largest oil producer in Nigeria and protesters say it must share the blame for the executions, carried out last week. REUTER
      REUTER  -  48 words
    • Article
      Liffe, commodity exchange merge
      170 11  -  LONDON By] Neil Behrmann THE London Financial Futures Options Exchange (Liffe) is merging with the London Commodity Exchange (LCE) to create Europe's biggest derivatives market. "The new exchange, which will comprise financial and agricultural futures and options, is aimed at improving liquidity and driving down costs
      170 words
    • Article
      Lock icon Volume of world trade in goods set to rise by 8% in 1995, says WTO
      375 11 genlvA Report warns of threats to growing global integration Reuter THE volume of world trade in goods, kept 5 per cent ahead of overall economic growth by the integration of global trading, is expected to
      Reuter  -  375 words
    • Article
      Lock icon Fed unlikely to touch rates amid budget drama
      356 11 WASHINGTON Reuter FEDERAL Reserve policymakers are likely to leave interest rates unchanged when they meet today, preferring to wait and see how the budget drama between Congress and the administration is played out. The central bank's Federal Open Market Committee meets just
      Reuter  -  356 words
    • Article
      Lock icon Leeson likely to be handed over to S'pore next week
      128 11 FRANKFURT Reuter FORMER Barings Bank trader Nick Leeson was likely to be handed over to Singapore authorities at Frankfurt airport next week, a Frankfurt prosecutor said yesterday. "Next week is realistic for him to be turned over to Singapore authorities,"
      Reuter  -  128 words
    • Article
      Lock icon Cars buck the trend as US retail sales fall sharply
      176 11 WASHINGTON Reuter US RETAIL sales weakened in October for most products except new cars, the Commerce Department said. Retail sales fell 0.2 per cent last month to a seasonally adjusted U*****.16 billion (Ss27B billion) after a revised 0.1 per cent
      Reuter  -  176 words
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      Page 11 Advertisements Column 1
      44 11 HIGH QUALITY EUROPEAN HOUSEWARES: A- BSHSBMBM Austrian Crystal Glassware B. ■artmaisiakMti'i French Ovenware C. ■anHaijETWM French Cookware D. Swiss Kitchen Accessories E. EaBHEQH #£> Sunday November 19 10am to 4pm 4Sq 47 Jalan Pemimpin 3rd Floor OVER 90% RANGE FKOM $2 TO $20 CASH CARRY!
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      Page 11 Advertisements Column 2
      282 11 HaSp*' JB*- P HBSB UIH jf i W&bM i 111 1 1111 11 1 1 *v*. r*>~ Incredible? Not if you have the Canon Family Copier at home. It's so compact, convenient and fun to use that anybody can make copies from it. Even your mom! And, Canon's unique all-in-one
      282 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      It's business as usual after Powellmania
      715 12  -  THE BOTTOM LOTS OPINION By Leon Hadar The writer is BT's Washington correspondent LAST WEEKs announcement by General Colin Powell that he would not seek the presidency in 1996 closed a remarkable and short chapter in American political history. It revealed something about Powell
      715 words
    • Article
      IN OTHER WORDS
      142 12 'We are very concerned about our financial markets. If we open our financial markets to the banks and financial institutions of such countries as the United States, our own banks would just be quite unable to compete, they may be swallowed up.' MiKitMr Mohamad Malaysian Prime Minister,
      142 words
    • Article
      A solid 9per cent growth
      572 12 EDITORIAL MANY economists seem surprised at the Singapore economy's robust expansion in the third quarter. Whatever their reasons, it's obvious that the economy has, once again, demonstrated how easily its performance can be underestimated. Let's be clear about the solidity of this expansion. For a
      572 words
    • Article, Illustration
      Lock icon Shenzhen bourse in its death throes
      677 12 As 1997 nears, the days of the small stock exchange next to Hongkong are numbered AFTER that of Deng Xiaoping, the most awaited death in China is that not of an individual, but an institution the Shenzhen Stock Exchange. With the approach of 1997,
      Source: Credit Lyonnsis Sec Asia; BCRUZ  -  677 words
    • Article
      WHAT THE OTHERS SAY
      773 12 HlgerU'i record of shame NIGERIA'S record of human rights is attracting world condemnation following the executions of nine Nigerians, including the famous writer Ken Saro-Wiwa. Faced with a worsening economy and growing disenchantment among the masses due to gross mismanagement and corruption, the military regime of
      773 words
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  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • CHATTER Box
      • Article
        Lock icon Granted, he can swear
        110 13 Reuter [LONDON] An anti-porn campaigner has called for a ban on the first British television screening of the hit movie Four Weddings and a Funeral because Hugh Grant swears in it—but the channel has refused to back down and bleep him. "In the first three minutes
        Reuter  -  110 words
      • Article, Illustration
        Lock icon Eat your heart out
        63 13 Reuter [GENEVA] Francois Curiel (left), director of Christie's Geneva, closing the sale on Monday of the Begum Blue, a graduated heart-shaped diamond line accompanied by two detachable pendants; one a deep blue heart-shaped diamond weighing 13.78 carats and the other a white heart-shaped diamond of 16.03
        Reuter  -  63 words
      • Article
        Lock icon Her romance, his bridge
        109 13 UPI [NEW YORK] Jana St James, a southern California mother who works in advertising, is the author of an upcoming Dove book, Memories of Madison County: The true story of my romance with Robert James Waller. Waller wrote the romantic best-seller The bridges of Madison County,
        UPI  -  109 words
      • Article
        Lock icon Sweet relief
        72 13 UPI {NEW YORK] What a relief: Comic Relief VII, HBO's Saturday night special raising money for Aid to the Homeless, brought in US$4.9 million (556.9 million) as of Sunday morning's tally, and the number will go even higher when Comedy Central's contributions are added in. The contributions pledged
        UPI  -  72 words
    • Article, Illustration
      Lock icon King-size instalment plan
      683 13  -  Author Stephen King's next novel will be serialised in six monthly paperbacks starting next March, reports mart tabor MARY TABOR NYT STEPHEN KING is looking to Charles Dickens for his latest twist on suspense. Not for purposes of plot or setting. Instead, he has agreed to publish
      NYT  -  683 words
    • Article
      Asking for too much from book lovers
      863 13  -  BOOKS Many books in Tower cost more than in other bookshops By < Chuang Peck Ming THE price label on the lone copy of Newsweek magazine in the newly-opened Tower Books said $8.90. That's almost S3 more than what you have to fork
      863 words
    • Article, Illustration
      Lock icon Setting the record straight
      772 13 BOOK REVIEW US scholars detail how Hollywood dispenses with historical facts for sensational celluloid NYT HERE is a thumbnail sketch of American history, according to the movies. In 1492, Gerard Depardieu discovers America, announcing his discovery in heavily French-accented English: "Dee lund eez closh." Three centuries
      NYT  -  772 words
    • Article, Illustration
      Sun, sea and savouries
      337 14 EATING OUT SENTOSA is probably not a place you're likely to go to for lunch. But in case you have the time for a long meal, perhaps you can include Shangri-La's Rasa Sentosa Resort on your list of possibilities. Its Silver Shell Cafe The Terrace is
      337 words
    • Article
      Country music now at its peak
      527 16  -  Widely accepted by young and old, country's challenging the dominance of pop and rock in the US Reports by] Hean Chung The writer is a free-lance journalist who contributed this article to Executive Lifestyle. WALK into a compact disc store here and ask for
      527 words
    • Article, Illustration
      Highwaymen out to steal your hearts
      569 16 THEY are the Highwaymen four tough-looking men in their late 50s and 60s with cowboy hats, and straggly beards. They aren't the robbers in the old Westerns who hold up travellers, though you may think they look the role. The Highwaymen are country music
      569 words
    • Article
      Stern's bow crosses limits of capacious hall
      508 16  -  CONCERT By P Y Van ISAAC Stern's concert at Suntec City Convention Hall 602 was a wonderful opportunity for the local audience to see and hear one of the living legends of violin music today. Born in 1920, Stern is now well into
      508 words
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      Page 14 Advertisements Column 1
      756 14 XL At Yunnan, you can dine on oirwkJeofleringsof(>TtDnese cuisine, HunarvSichuan, Hong Kong Tim Sum, Seafoockx^ Mb »i Yunnan Garden Restaurant 2 jurong East Street 21 #05-01 SfiEj (IMM Building) alßj Singapore *****1 QSJI Tel: 568 2228; Fax. 568 2231 House Restaurant 3E River Valley Road #01-09/11 Clark Quay Singapore Authentic
      756 words
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      Page 14 Advertisements Column 2
      105 14 »y= I fancy 'Beijing? I 7"fun, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin teijing dumplings, a selection of set menus, and teijing specialities H/ftA such as toeijing taHgd Tench and Hqmcmbt SI'S -5- Mandarin |JJ Singapore
      105 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      530 15 Where to wine, dine and entertain All You Can Eat Mezzanine Floor A generous selection of Hong Kong Tim Sum like Char Siew Bao, Shark's Pin Dumpling Soup, Har Kow and over SO local dishes await. It's an offer not to be missed! $16.80^ Lunch 11.30 am 2.30pm $23.80++ Dinner
      530 words
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      Page 15 Advertisements Column 2
      70 15 vtv In a class of its own, for those ujtli I I I If A JC JJPJ m 4S** J We afro serve Shanghai Hairy Crab am* isnSfr# New Kirin Court Shark's Fin and Seafood Restaurant 20 Devonshire Rd (off KiUiney Rd) #01-01 Devonshire Building. Singapore *****0 Td: *****88. SiffUH?
      70 words
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      Page 15 Advertisements Column 3
      221 15 Fancy a satisfying meal that is worth your every cent? Then try our Executive Set Lunch now I Our range of menu esters for W 2-4 pan. s-7 p**** &-iop» 1 (n*t2p*) r Shartcsfln in Claypot Miote Prasad Abaione Junior Steamed Live Red T«ap»a Thjri Style Roa»ted Chicken m Thai
      221 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      716 15 TV&RADIO 240 M.A.S.H. Our Choice). 180 MTV's Most Wanted. 12.00 MN TV Innovations. LOO PM M.O.G. as Seen on TV 3.40 The Album Show. 2.00 AM Close. Show. 00 Super Dave. —m 3.00 Liftoff. (UM Sella-Vision. jJP^\ 340 Shining Time Station. o.iM See Thursday's Sched- 0.00 AM Morning News/CNN. JMMU
      716 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      167 15 CKVFTIC CROSSWORD 25 Broker more oertaui to be availan Irish town (5) 29 Giving patient attention at home of wealth (9) YESTERDAY'S SOLUTION first having a purpose (9) (9) ui. mranmrp—m mil 30Flower nower'<ATi 8 Having litUe lu W a 8 e except a |*LLJI I£J^I±JIUJ?L^PI2J L power! (8.7) torch?
      167 words
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      182 16 c "9 Jltliifit '»Ui I. ■*a#*MFBTV /TV THE HEART of Bangkok, reengineer branch processes at almost no time in queues. all over Thailand, customers get a call or visit our home page at one bank is doing its part to Thai /tinners Bank. Data handling And because the back office
      182 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      IPC's US division revamps strategy
      374 17  -  IPC Technologies hopes to steer itself back to profit path by end of year From, David Mok in Las Vegas IN AN effort to return to profitability, the US division of Singapore computer firm IPC Corp has refocused its overall strategy and aims for a
      374 words
    • Article
      New Creative offerings out soon
      284 17  -  Key among items is 3D Blaster card for computers using Pentium chip By, Jennifer Lien [SINGAPORE] Creative Technology yesterday announced a series of new products, the most notable being its 3D Blaster card for Pentium computers. Creative said it expects the product, which gives threedimensional
      284 words
    • Article
      Armstrong Industries said to be launching IPO on Nov 21
      278 17  -  By\ Paul Leo [SINGAPORE] Precision component maker Armstrong Industries is said to^FJannefe-; ing its initial pu bU* offer of 44.5 million shares rsrepre®ettting 25 per cent of issued capital, at 40 cents each qn Nov 21. The main-boartiNnpirant had divided
      278 words
    • Article, Illustration
      Rumour-driven rout opens bargain window to Lippo Bank
      708 17  -  HOCKLOCKSXEW By William Chia SAVVY investors know the best time to make an investment and the worst time to divest it is when the majority of investors are reluctant to touch it. This homily fits Lippo Bank, the listed flagship of the
      708 words
    • Article
      S'pore Telecom sets up unit in Japan to tap data services
      120 17 [SINGAPORE] Singapore Telecom has formed a wholly owned subsidiary In Japan to explore value-added services. The company, International Nippon Services Co Ltd, has an authorised capital of 40 million yen (*****,000) and an issued and paid-up capital of 10
      120 words
    • Article
      Telecom and KDD agree on Internet link
      331 17  -  KDD could provide SingNetlink to Taiwan, S Korea By, Jennifer Lien [SINGAPORE] Singapore Telecom and Japanese telecommunications operator KDD have agreed in principle to directly link their Internet services. However, a Singapore Telecom spokesman yesterday denied a report that it was negotiating with
      331 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Bangkok Bank profit up 6.4% in 3rd qtr
        291 18 Bloomberg Business News [BANGKOK] Bangkok Bank, the nation's largest bank, said its net profit in the third quarter rose 6.4 per cent, to 4.66 billion baht (Ss26l million), as growth of deposits outpaced new lending. Per-share profit rose to 4.65 baht, from
        Bloomberg Business News; ALLAN  -  291 words
      • COMPANY Results
      • Article
        Market cautious about 30b baht rescue plan
        439 18  -  Money may Dot be what is needed to revive interest in sagging Thai bourse From Loh Hui Yin in Bangkok THE impact of a 30 billion baht (511.69 billion) rescue fUnd set up to revive Thailand's stock market could be blunted by poor
        439 words
      • Article
        Lock icon Malaysian Bond Fund launched today
        166 18 MBT {KUALA LUMPUR] Malaysians will have a new place to park their money from today when the Malaysian Bond Fund is launched by Commerce International Merchant Bankers Bhd (CIMB) together with Singapore's OCBC Asset Management Ltd. The Msloo million (5155.6 million) fund, to be managed
        MBT  -  166 words
      • Article, Illustration
        Richard Ii sells telecoms business to avoid any conflict of interests
        433 18  -  USs74m!irm bougkt by Li Ka-sking's QntckisM VkjunpM ffy I Catherine Ong [SINGAPORE] Richard Li has sold his fledgling telecommunications business to Hong-kong-listed Hutchison Whampoa this week to avoid a potential conflict between his private and public interests. Arnie Tucker,
        433 words
      • Article
        LC Dev pumps more into Viet venture
        170 18 [SINGAPORE] L C DEVELOPMENT is boosting its investment in Vietnam through subsidiary LCD (Vietnam), which is also a subsidiary of its Jointventure partner, the Union of Sericulture Enterprises of Vietnam (Viseri). A supplemental Joint-ven-ture contract has been signed between LCD (Vietnam) and Viseri
        170 words
      • Article
        Sesdaq-listed Giken also gets query from SES
        215 18 [SINGAPORE] Sesdaq-listed Giken Sakata yesterday Joined the list of penny stocks queried this week by the Stock Exchange of Singapore. Replying to the SES query, the electronics contract manufacturer said it was unaware of any reason for the rise in share price and
        215 words
      • COMPANY Briefs
        • Article
          Berger wins $7m HDB deal
          33 18 [SINGAPORE] Main board-listed paintmaker Berger International has clinched a $7.15 million contract to repair and redecorate 26 Housing and Development Board apartment blocks in the Jalan Besar district
          33 words
        • Article
          Pengkalen accepts JTC land offer
          57 18 [SINGAPORE] Pengkalen Investments has accepted Jurong Town Corporation's offer to allocate a 7,504 sq m site at Woodlands East for its warehouse and office. TT*e company will have a 30-year lease from Dec 1 with an option for a further 30 years. The present annual
          57 words
        • Article
          HTP Holdings MD quits
          77 18 [SINGAPORE] The managing director of HTP Holdings, Wang Yake —who is also a director —resigned yesterday for health reasons. Chen Dagang also ceased to be his alternate director. The company has appointed Kong Dan, 47, to replace Mr Wang as director and managing director. Mr Kong
          77 words
        • Article
          Transmarco on effect of Sabre sale
          79 18 [SINGAPORE] Transmarco said yesterday the financial effects of its proposed sale to Pan Global Equities of the entire issued and paid-up share capital of property Investment company Sabre Development—which owns Kuala Lumpur office and residential tower Menara Sabre —cannot be assessed at this stage.
          79 words
        • Article
          Vickers buys Vickers UK shares
          49 18 [SINGAPORE] Victors Ballas Holdings has acquired 100,000 ordinary shares at £1 each in the capital of Victors Ballas (UK) for £100.000 (*****,000). With this acquisition, the issued and paid-up share capital of Victors Ballas (UK) is now £500,000 divided into 500,000 ordinary £1 shares.
          49 words
        • Article
          LKT unit buys stake in Arnale
          81 18 [SINGAPORE] Lea Kim Tah Holdings, through its wholly owned subsidiary Shawco, has acquired a 50 percent stake in Arnale for $445,753. Arnale's sole asset is its investment 0f600,000 ordinary shares of $1 each in Jurong Point Realty (JPR), representing 2 per cent of the
          81 words
      • Article
        Kuok selling holding in Bonifacio, buys cigar, noodle stakes
        433 18  -  KL tycoon diversifies into non-property investments From, Al Labita in Manila MALAYSIAN tycoon Robert Kuok is selling off his holdings in the Fort Bonifacio property project and embarking on nonproperty ventures in the Philippines involving cigars and noodles. Mr Kuok, in
        433 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Sony joins home PC fray with help from US chip giant Intel
        366 19 Group hopes to tap new market meshing home electronics and PC technology Reuter [TOKYO] Sony Corp, facing shrinking profits in its core audiovisual business, said yesterday it would begin making home-use personal computers (PCs) in an alliance with
        Reuter  -  366 words
      • Article, Illustration
        Lock icon Aussie gold miners unveil A$3b merger
        353 19 Proposal will create sth largest producer outside S Africa Bloomberg Business News [SYDNEY] Four Australian mining companies, led by Normandy Mining Ltd, have proposed a merger, to form the world's fifth largest gold producer outside of South Africa with a market value of about
        Bloomberg Business News; REUTER  -  353 words
      • Article, Illustration
        Lock icon Hopewell shares plunge 4.8% on China project concerns
        344 19 Bloomberg Business News [HONGKONG] Property developer Hopewell Holdings Ltd's shares fell 4.81 per cent yesterday, to their lowest level since July 1993, on concern about a highway the company built in southern China. Hopewell is currently renegotiating a joint-venture agreement with its
        Bloomberg Business News; Source: Bloomberg; JEN CHUA  -  344 words
      • GLOBAL Briefs
        • Article
          Lock icon Walt Disney to delist in Tokyo
          61 19 AFP {TOKYO} US entertainment group Walt Disney Co Ltd sakl yesterday it had lodged an application with the Tokyo Stock Exchange (TSE) to delist its shares. The company said the delisting from the foreign section of the TSE was due to declining share turnover,
          AFP  -  61 words
        • Article
          Lock icon Dingyi Group postpone HK listing
          64 19 Bloomberg Business News (HONGKONG] Dingy! Group Co, which makes the Kangshifli brand of instant noodles in China, will postpone its Hongkong initial public offering amid reports its products contain higher than normal amounts of bacteria, the Hongkong Economic Journal reported yesterday, citing sources. The company
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Samsung to buy back shares
          44 19 Reuter (SEOUL] South Korea's largest chips maker Samsung Electronics Co, a unit of the Samsung Group, said it would buy its 677,000 common shares and 184,000 preferred stocks on the Seoul bourse from Nov 20 to Feb 17,1996. —Reuter
          Reuter  -  44 words
        • Article
          Lock icon Tianjin Bohai's rising interest cost
          45 19 Bloomberg Business News [HONGKONG] Tianjin Bohai Chemical Industry (Group) Co said rising interest rates in China could cost it 10 million yuan (S$1.7 million) this year. The company in a statement said it had outstanding debts of 1.5 billion yuan.
          Bloomberg Business News  -  45 words
        • Article
          Lock icon ICI India,Malaysia's Ticxide ponder deal
          66 19 Reuter [NEW DELHI] Paint-maker ICI India Ltd and Malaysia-based Tioxide Asia Pacific were considering jointly setting up a plant in India to manufacture titanium dioxide, a Tioxide statement said yesterday. "With good prospects for growth in pigment demand, Tioxide believes the time is now right
          Reuter  -  66 words
      • Article
        Lock icon Mt Charlotte profit set to rise 50%
        131 19 AFP [WELLINGTON] British hotel group Mount Charlotte would lift profits 50 per cent in calendar 1995, with greater gains expected in 1996, Brierley Investments Limited (BIL) said here yesterday. BIL chairman Bob Matthew said Mount Charlotte. BlL's largest single investment, was expected to
        AFP  -  131 words
      • Article
        Lock icon GI sells 26% stake in food distributor to sister company
        240 19 Bloomberg Business News [HONGKONG] Guangdong Investment Ltd (GI) has sold its 26 per cent stake in food distributor Guangnan (Holdings) Ltd to a subsidiary of its parent company for HKJ343.4 million (5562.6 million) in cash. GI will spend HK$l6O million
        Bloomberg Business News  -  240 words
      • Article
        Lock icon US behemoths launch new PowerPC platform
        421 19 IBM to license Apple operating system for new machines Bloomberg Business News [LAS VEGAS) International Business Machines Corp. Apple Computer Inc and Motorola Inc unveiled on Monday the newr hardware platform for the PowerPC chip, and IBM said it would license Apple's operating system
        Bloomberg Business News  -  421 words
      • Article, Illustration
        Lock icon IBM declines comment on takeover rumours
        187 19 Reuter [LAS VEGAS] International Business Machines Corp chairman and chief executive officer Lou Gerstner has declined to comment on rumours that IBM is mulling a bid for software firm Novell Inc. "I have no comment on rumours," said Mr Gerstner on Monday, at the
        Reuter  -  187 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Wells Fargo ups bid for First Interstate Bancorp
        250 20 Move pips white knight's offer and values target at USslo.6b LAT [NEW YORK] Making its unwelcome takeover bid for First Interstate Bancorp even more hostile, Wells Fargo Co on Monday raised its offer and took action on several fronts to try to
        LAT  -  250 words
      • Article
        Lock icon Bankers Trust reshuffles top funds execs
        355 20 Second revamp in two years comes amid move to boost profits Bloomberg Business News [NEW YORK] Bankers Trust New York Corp reshuffled top executives of its US$2OO billion (Ss2B2 billion) asset management business, people at the bank said. The reorganisation the second in two
        Bloomberg Business News  -  355 words
      • Article
        Lock icon US mutual funds' boom
        112 20 Bloomberg Business News [BOSTON] More than twothirds of the money that's pouring into Fidelity Investments' Magellan Fund each week is coming from retirement plans. Magellan, the largest US mutual fund, ballooned in size by 33 per cent to US$53 billion (5574.7 billion) from US$4O billion in
        Bloomberg Business News  -  112 words
      • Article
        Lock icon Westpac profit up 34% to A$947m
        338 20 Bloomberg Business News Westpac Banking *£orp yesterday said its net Iprofit in the year ending Sep climbed 34 per cent as its provisions for bad and doubtftil debts dropped by more than half. It said profit after tax and one-time items but before preference
        Bloomberg Business News  -  338 words
      • Article
        Lock icon Insurers have too little reinsurance
        118 20 Reuter [ZUßlCH] Primary insurers have insufficient reinsurance cover against natural catastrophes, according to reinsurer Schweizerische Rueckversicherung (Swiss Re). Swiss Re also said in its latest "sigma" study that prices for catastrophe excess-of-loss (CatXL) insurance were falling. It analysed 1,025 reinsurance treaties in 11 important markets:
        Reuter  -  118 words
      • Article, Illustration
        Lock icon Bomb Mast fads rise in oil prices
        53 20 [LONDON] Traders at the International Petroleum Exchange considering their positions yesterday on news that a bomb blast at a US military mission in Saudi Arabia had killed a number of Americans. Oil prices rose in nervous mid-morning action in London following news of
        REUTER  -  53 words
      • Article
        Lock icon Convertible bonds best option for Chinese firms?
        194 20 Bloomberg Business News [SHANGHAI] Now that Chinese stock prices are at an all-time low and equity sales have few takers, is it time for companies to start peddling convertible bonds? The answer is yes, provided the price is right, according to some foreign
        Bloomberg Business News  -  194 words
      • Article
        Lock icon NY futures seen lower as North Sea supplies rise
        286 20 EKERGY REPORT Reuter [LONDON] New York crude oil futures are expected to trade lower, having declined 0.2 per cent in the past two sessions, pulled down by increased supplies from the North Sea, which are often shipped trans-Atlantic. The December loading
        Reuter  -  286 words
      • SMALL Change
        • Article
          Lock icon P T Duta Pertiwi loan raised to US$21m
          70 20 Reuter {HONGKONG! The two-year loan for P T Duta Pertiwl has been increased to US$2l million (5529.61 million) from US$lB million due to oversubscription, said arranger AFC Merchant Bank. The loan, which was guaranteed by P T Sinar Mas, was launched on
          Reuter  -  70 words
        • Article
          Lock icon Korean insurer sets up shop in Hanoi
          53 20 Reuter [SEOUL] L G Insurance Co Ltd, a unit of South Korea's L G Group, said it has opened a representative office in Hanoi. A company spokesman said that the office began offering consulting services to Korean firms operating in Vietnam as of
          Reuter  -  53 words
        • Article
          Lock icon ADB discussing financing problems
          54 20 Reuter [AMSTERDAM] Asian Development Bank officials opened a two-day meeting here on Monday to discuss future financing in light of a decision by the United States to withhold its next scheduled contribution to the bank's development fund, ADB sources said. The US is the second-largest contributor
          Reuter  -  54 words
      • Article
        Lock icon CURRENCY REPORT
        155 20 Reuter, AFP liWMhui THE dollar barely twitched on news that last-ditch Congressional talks in the US had failed to reach an agreement on the budget. This failure will result in the partial shutdown of US government offices but traders pointed out that the Treasury does have funds available
        Reuter,; AFP  -  155 words
      • Article, Illustration
        Untitled
        1232 20 MTHMIMK CUMUUIOf 1ATB 4jm,Novi4 Against S$ Against US$ Against S$ A«rttttus$ C»T»clt» Hi omt m Offar CarratiM,. BM Oftar IX Off* French franc 28.8573 28JM7 4 *915 ***** Local dollar* 16 &m ttnO of foreign currency: Hongkong4** 18.25 18.27 7.7338 7.7348 Australian Mar 1.0441 ***** 0.7410 0.7415 Monasia rvpiah 0.0418
        1,232 words
      • Article
        Lock icon Fidelity cleared to enter trust market in Japan
        339 21 US mutual fond company gains access to a market with at least USssoob in assets Bloomberg Business News [BOSTON] Fidelity Investments has won the right to sell investment trusts in Japan, giving the largest American mutual fund company access to a market
        Bloomberg Business News  -  339 words
      • Article
        Lock icon LME: We are not out to ham Comex contract
        231 21 Reuter [NEW YORKJ The London Metal Exchange is not aiming to damage the New York Mercantile Exchange's Comex division copper contract through its recently-opened warehouses in the United States, LME chief executive David King said. LME raised hackles at Nymex earlier
        Reuter  -  231 words
      • Article, Illustration
        Lock icon Templeton fund wants to stop E Asiatic buyout offer
        314 21 Bloomberg Business News [HONGKONG] Templeton's US$7.5 billion (5510.6 billion) Emerging Markets Fund doesn't want Denmark's East Asiatic Co to take its listed Hongkong subsidiary private. "I would rather see them withdraw the offer and take another approach," said Mark Mobius, president
        Bloomberg Business News  -  314 words
      • Article, Illustration
        Lock icon BOT: interbank rate should be at 10-11%
        257 21 Bank of Thailand keen to cut rate volatility Reuter [BANGKOK] Thailand's central bank sees an overnight interbank rate of around 10-11 per cent as appropriate in the local money market and is keen on reducing rates volatility, a Bank of Thailand (BOT) official
        Reuter; Source: Bloomberg; BCRUZ  -  257 words
      • Article
        Lock icon General Electric Capital to buy Aon's Union Fidelity
        258 21 Bloomberg Business News [STAMFORD, Connecticut] General Electric Capital Corp said on Monday it planned to buy Aon Corp's Union Fidelity Life Insurance Co for about US$4OO (***** million) million in cash. GE Capital said the purchase of Union Fidelity would boost its
        Bloomberg Business News  -  258 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        919 22 Tin price on the KLTM closed five sen higher yesterday to M 515.99 per kg, despite a US$35 drop in the metal's price on the overnight LME, dealers said. On the KLTM, at the opening level of M 515.95 per kg, bids totalled 76 tonnes compared to offers
        919 words
      • Article
        Lock icon SIMEX Report
        1165 22 Reuter [SINGAPORE) Simex Eurodollar futures ended on a firm note in quiet dealings, but dealers said trading was likely to turn cautious in the near term due to the impasse between the US Congress and President Bill Clinton over the budget. Eurodollars received some support from a higher
        Reuter  -  1,165 words
      • Knight-Bidder Commodity Summary
        • Article
          IPE says it won't join merger
          74 22 [LONDON] London's International Petroleum Exchange yesterday denied it had any plans to join the merger of the London International Financial Futures Exchange and the London Commodity Exchange. Liffe announced yesterday that it will merge with the LCE, prompting speculation the IPE might also participate.
          74 words
        • Article
          Indon's soymeal import demand to rise
          97 22 [HONGKONG] Indonesia's import demand of soymeal is expected to increase after April 1996 when the soymeal market is fully liberalised, traders said. Currently, Indonesia imports between 50,000 and 60,000 tonnes of soymeal per month. However, traders anticipate the quantity to rise to 70,000 to
          97 words
        • Article
          Indon palm oil supply adequate
          109 22 [KUALA LUMPUR] The supply of palm oil in Indonesia is adequate, which means that it's unlikely to buy Malaysian palm oil at the moment, traders said. Indonesia's price of RBD-palm olein, a cooking oil, has been stable at around 1,420 rupiah (SS8.80) per kg in
          109 words
        • Article
          India gold demand up 30%
          97 22 [BOMBAY] India's gold demand in July-September rose 30 per cent from a year earlier to 124 tonnes, the World Gold Council's latest bulletin released yesterday said. This is the sixth consecutive quarter of year-on-year growth and the fourth in which the demand has been over
          97 words
        • Article
          Platinum surplus on higher supply
          87 22 [LONDON] Platinum supply will rise 8 per cent to 4.89 million ounces and demand will climb 4 per cent to 4.71 million, leaving a surplus of 180,000 ounces this year, Johnson Matthey says in its Platinum Interim Review 1995. Matthey argued that the size of
          87 words
    • Article
      COMMODITY PRICES
      1172 22 8IC0M FUTURES NovJl RIMKl (Mares dMta|M at UOpa) tSStCWrriACTttcwttAO Ck» VotaM Op* M—di M«k Law Stt (t—Iat) hrtftrt Dtc95 238.00 235.00 ***** «5 M75 Jan 96 234.50 233.50 ***** 125 1725 F«t 96 234.50 233JO 234.50 125 1275 Mar 96 234.50 233.50 ***** 125 1250 A#r/J«96 235.00 *****
      1,172 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2292 23 +13.06 STOCKS were little changed as the dollar's overnight gains against the yen offset concern the dollar could suffer from a stand-off over the US budget. The Nikkei Average rose 13.05 points to 17,802.51. The Nikkei 300 Index picked up 0.03 to 265.96. The Topix Index was 0.02 higher
        2,292 words
      • Article
        Sydney
        675 23 ♦L 7 Shares closed higher as the market was boosted by positive news about key industrial stocks and a surge of buying by bargain hunters. The All Ordinaries Index rose 1.7. points to 2,124.6. The All Industrials rose 4.2 points to 3,153.3 and All Resources fell 0.4 to 1349.6.
        675 words
      • Article
        Manila
        330 23 -DUX Stocks fell amid concern that commodity shortages will trigger consumer price increases and higher interest rates. "We will see a gradual rise in interest rates," said an analyst. "The central bank has to defend the currency." The PSE Composite Index slid 19.64 points to 2,340.41, its lowest level
        330 words
      • Article
        Bombay
        116 23 •54J8 Stocks fell for a fifth day, sending the benchmark index to its weakest close in six months and towards a two-year low, as local institutions sought better returns in the money markets, traders said. "Call money rates are at about 60 to 80 per cent, which means there's
        116 words
      • Article
        Taipei
        402 23 -87.63 Stocks fell on concern that an independent presidential bid by high-ranking Kuomintang officials could result in a split in the ruling party. Lin YangKang, presidential hopeful and vice-chairman of the ruling party, on Monday said former Premier Hau Pei-Tsun, another KMT vice-chairman, will run for vice-president on his
        402 words
      • Article
        Seoul
        513 23 -5.70 Stocks fell for a second day on growing investor concern that the scandal surrounding former President Roh Tae Woo's slush fund will hurt the national economy, traders said. Since Mr Roh confessed to the US$65O million (Ss9l6 million) fund last month, state prosecutors have questioned the heads of
        513 words
      • Article
        Wellington
        354 23 -7.30 Stocks declined, led by forester Carter Holt Harvey, as the company's shares fell to a 30week low on earnings concerns as pulp prices are seen peaking, traders said. "It was a disappointing result, especially pointing to the slow rate of growth in their Australian and New Zealand businesses,"
        354 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        178 23 SUM AUotpn Coort Brrring 183/8 1/8 AppM Computar ltd 407/8 1 VJ CmltnTKlilM XI2/I 2/8 Data«>atc*i 47/8 V8 InMCP— »7t/8 -'1/8 mtargrapftCP *3/8 -2/8 KLAHwtrumantiCP 417/8 «7/8 MCI Conwnun CP 253/8 uncti Microsoft CP 865/16 .563 Rank Organization 126/8 -3/8 RautarsHMgPM 561/8 -12/8 V 0*0 AS 201/8 -2/8 Worthlngton tad
        178 words
      • Article
        London
        625 23 -ILI BUDGET considerations both in the UK and US again capped activity in the UK market, with individual stock news dictating the day's trading. The FTSE 100 ended 11.1 points up at 3,547.9, but remained caught in the tight trading range of recent weeks. The index has largely been
        625 words
      • Article
        New York
        719 23 7.22 Stock prices were mixed in choppy trading early yesterday, as investors continued to contend with the fallout from the ongoing battle in Washington over refunding the federal debt. The US government essentially went broke yesterday morning, and began shutting down all but basic services. Congress, however, remained
        719 words
    • Article, Illustration
      Lock icon HONGKONG
      2497 24 Bloomberg Business News flHmgSeng +2115 HONGKONG stocks were mixed as gains in utility shares balanced a slump in Hopewell. Some investors, concerned the Federal Reserve will delay easing credit, opted for shares in utilities which are less sensitive to changes in rates. "Nobody wants to do anything," said a
      Bloomberg Business News; FRANCIS  -  2,497 words
    • Article, Illustration
      Lock icon CHINA
      643 24 Reuter n Shanghai B Share Index -4189 SHANGHAI B shares closed sharply down on heavy overseas selling amid poor market prospects, ending a technical rebound supported by domestic institutions in the past two trading days. The index dived 0.89 point to 51.64 on turnover of 12.5 million shares worth
      Reuter  -  643 words
    • Article, Illustration
      Lock icon JAKARTA
      1082 24 Bloomberg Business News P Composite lade -0.70 INDONESIAN stocks fell from early gains as investors reconsidered the impact of a reduction of an initial offering of PT Telkom, traders said. Stocks rose as much as one per cent as local investors bid up shares in response to news that
      Bloomberg Business News; B CRUZ  -  1,082 words
    • Article, Illustration
      Lock icon BANGKOK
      1186 24 Reuter n SET M" -4.42 THAI stocks finished a thin day down as selling of some selected stocks by foreigners sparked local investor fears that if the market remains bearish foreigners may stage a bigger sell off. The SET Composite Index closed down 4.42 points at 1,192.85. Turnover was
      Reuter; ALLAN  -  1,186 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares fall mainly on forced selling
        6738 25 KUALA LUIKPURReports Bernama, AFP CI Composite Index -4M MALAYSIAN share prices closed lower yesterday on lack of follow-through buying amidst forced selling activities. The benchmark Kuala Lumpur Composite Index fell 4.54 points to close at 883.96. The Emas Index closed 1.08 points lower to
        Bernama,; AFP; ALLAN  -  6,738 words
    • WARRANTS & OPTIONS
      • Article
        HK Land may be worth a punt
        3449 26  -  WARRANT WATCH By R Sivanithy BRITISH merchant bank Robert Fleming has several interesting covered warrants on issue, written on both its own stablemates within the Jardine Group as well as local banks. Among the former is one issued on Hongkong Land, which as
        3,449 words
    • Article
      CLOB INTERNATIONAL
      1913 26 MALAYSIAN STOCKS1MHH Gr Gf ms Last V«4 Day Last Ovata W» M* YM Nat M Cap MM> ta» Stea Caaapaay Salt COOO) H»0* La» Hyac Sa«ar CV> W I— 471 IN SMO AI SB 50c )Q0 c4 *f M M 21] M W 5.0 4.9 03 IU B7
      1,913 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1435 27 TUtNOVEI 0000) *ALUI COOQ) m+t em um o» MMtrtai 9<UH 5,706 98,919 mjn «j407 MOW riWKt 3.47* 2.034 5,714 ***** 3.1JB 3*.7M V933 uns 3.V4® 4.699 .WW MgO Proo««n 2.0*6 2.957 5,053 9.945 3,607 <3.352 MmMM 594 5»4 W W IHnjno 535 535 1,193 1,193 M.W 7,733 1,900 9.641 7.979
        1,435 words
      • Article
        MAIN BOARD
        4227 27 Transaction date: Nov 14 I Or Or M Wt m. Last Vol Day Last Ouata Mv Mv YM N«t Cap Avg f^""Ltw JtMo company Sat* COOO) High Law Buyar Sallac C'w P/C Sum Prtca MBWSTRMLt 210 176 1258 Acar50c USI85 *3 491 185 '82 185 186 123 306.3
        4,227 words
      • Article
        SESDAQ
        796 27 Or Or Mm 1999 Last Vai Day UMOmN Ota Olv VM IM C» w» u» iw> c—o—r <* rooot w» l— 8»rar *mm cw W <■ w SESOAQ 322 40 2000 A8R HMqsSC 302 unch 737 312 295 300 302 KO M 0-3 65.7 13X6 307 269 SO a
        796 words
      • Article, Illustration
        Index up but losers far outweigh gainers
        910 28  -  STOCK MARKET COMMENTARY Second liners suffer profit-taking; Malaysian counters hit by worries of margin calls in KL By R Sivanithy THE local stock market yesterday continued its recent preoccupation with local speculative issues, while blue chips remained where they have been for some
        910 words
      • Article, Illustration
        HOT STOCK
        63 28  -  By Paul Leo NEPTUNE Orient Lines fell a further four cents yesterday to 11.45 after breaking support at $1.50 on Monday. Selling pressure was strong yesterday's volume of 3.l2million shares was 7.5 times the lfXiay average 0f418,000 units. Further weakness towards $1.20 is likely in the next few
        63 words
      • ON THE GRAPEVINE
        • Article
          Short circuit
          103 28 MALAYSIAN utility Tenaga Nasional Bhd is scheduled to release its annual results today. Not with a customary bang, though. Journalists in Kuala Lumpur were surprised to hear yesterday that the utility would not be holding its traditional post-results press conference this year. One explanation making the rounds is
          103 words
        • Article
          Dial-a-bureancrat
          66 28 WHO says speculators don't look at the big picture. Market talk has it that Goldtron's recent price surge is entirely justified. Reason: the firm is expected to reap higher earnings, thanks to an Indonesian government plan to issue each of its officials with a pager manufactured by the company.
          66 words
        • Article
          Paraneia in Raffles Place
          78 28 THE unexpected visit paid by stock exchange inspectors on DBS Securities' remisiers has created paranoia on a grand scale within another bank-backed broking firm. Two days ago, remisiers on the 18th floor of the firm's office in Raffles Place thought that the SES had visited their
          78 words
        • Article
          Dureas not offence in Singapore
          71 28 A prominent lawyer told BT that the SES inspectors don't need a search warrant to open remisiers' drawers. Since the remisiers had "volunteered" to let the inspectors go through the inner sanctum of their desks, the SES wasn't breaking any law even if the remisiers
          71 words
        • Article
          Open drawers' scare hits accountants
          55 28 THE SES visits have had Impact beyond the stockbroking fraternity. A senior partner of one of the Big Six accountancy firms was heard mumbling over a cup of Capuocino at Boat Quay: "I wonder if the Institute of Certified Public Accountants of Singapore has the
          55 words
        • Article
          Nigerian woes
          96 28 THE hanging of nine political activists in Nigeria and the country's subsequent suspension from the Commonwealth barely caused a flutter on the local stock market. But we think punters may have overlooked the fact that a Singapore-listed company, Ipco, has three major projects in the west African country.
          96 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      187 17 There is no mistaking elegance. Which, of course, leads to the question, where can you find a Piaget? T* JUT-- 'i ,y S! c«KHBI^^SwKIBSbSW®^^ Ptagrt Polo. 18K yellow gold. Set with diamond and onyx inlaid gold dial, this automatic mowrment watch is also available in a Ladies' version, with mother-of-pearl
      187 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      124 18 A rare opportunity to acquire prime warehouse development site of approx. 111,822 sq ft SB! \\y W\MRTB«ion\ AngMoKio SI A. Homing Estate rj \%\t^ Oo Kin— 1 Located at Tagore Ave/Tagore Drive. mt Master Plan Warehouse zone at an A popular industrial area near Ang Mo approved plot ratio of
      124 words
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      Page 18 Advertisements Column 2
      0 18 $*)_[[_'+?~~|"_?+%*!:\][\$!%<~|
      0 words
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      Page 19 Advertisements Column 1
      116 19 Tin; ai l of mastering time Girard-Perregaux pour Ferrari A f^BSPa c MANUFACTURE Girard-Perregaux DEPCIIS 1791 Automatic chronograph with date O 38mrn Other models without chronograph are also available Come and experience the Art of Mastering Time at The Girard Perregaux pour Ferrari Exhibition The collection of timepieces on display
      116 words
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      Page 20 Advertisements Column 1
      110 20 Buys Brisbane's CBP ft> Conveniently located in two of Brisbane's most prestigious suburbs, they arc just minutes away from y 1 Brisbane's central business district. y Bus Services Shopping Centres Banks Clinics Colleges Universities Restaurants X M Service Clubs GolJ Course Casino j\J^ V Offering 2 and 3-bedroom units and
      110 words
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      Page 21 Advertisements Column 1
      342 21 Hi I 1 H AYAYa VH J«u "II >rrff» ■Aiririirii I. ***** ■111 vl vl &V ,^1111: < lt|a W WM vl :-■< -.g wf999 Hugs P PEfci gsagg j aw W*R lIP LN I I YvV-.l ww t-» £ftt-.-M R *tm««" PJ P |W| I P IPWn hhwi#§,.~:* —w
      342 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      70 24 We've caught II! The taste for fish. Cooked in every imaginable way. If It can be caught, it can be cooked. You could say we're hooked on fish. And you'll be. too. something different every day. "SfST on fish Noon 2.30 pm. Adult: $38++ <#•*** I For reservations, please call
      70 words
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      Page 24 Advertisements Column 2
      46 24 ,ofj. The* Business Times JtIMOAfOKK Faster. Sharper. Deeper A Ixild new Itmk and a fresh approach lo (lie news and views. Faster with the news, and with the meaningof the news. Sharper Corns ou business and markets. Deeper analysis of trends, and more opinion and commentary.
      46 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      75 25 Quickstock... ——Real-time Update A 2^-^ r 5. e S (ocfc in/o a Gives you instant access to reliable stock info yo^tu^^ertoH Zks! anywhere. ■■■■f (rack Lets you make timely decisions on your investments. ~^~)Ocen' s 0 All you need is key in the 4-digit stock number found on the SES
      75 words
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      Page 25 Advertisements Column 2
      22 25 'AU I Q EASE' 70% of car price fQAR No advance instalment required IJIILJH jSlOllr af -—st Partial or full settlement at
      22 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      142 28 Singapore Closing Share Prices 14/11/1995 CLOSE PREV LOW HIGH US$ US$ US$ US$ Mllf/ Jardine Matheson 5.65 5.75 5.65 5.85 FIXCCIfI Jardine Strategic 2.66 2.63 2.66 2.69 V lAAfifif J Dairy Farm 0.75 0.765 0.735 0.77 Hongkong Land 1.75 1.77 1.74 1.77 ■VPPTPPV9 Mandarin Oriental 1.11 1.11 1.10 1.13 ESBUSS
      142 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      317 29 Knight-Ridder, Reuter TRADING may have gathered pace on Friday but it slowed again at the beginning of this week as owners and charterers alike took stock. However, there remains a steady flow of new business emerging, although details of concluded business have yet to follow, brokers said. There
      Knight-Ridder,; Reuter  -  317 words
    • Article
      MARITIME STOCKS
      303 29 SIS '000 IwM st w CWTWst 1.45 -0.01 86 Chuan Hup 1.18 -0.01 75 Cosco In* 1.97 unch 71 FELS 5.95 -0.05 214 Frt Links 0.755 -0.035 301 G8 Holdlnqs 1.36 »0.11 7499 Hal Sun Hup 0.91 -0.005 389 IttKlti Zosan 1.05 -0.01 122 IMC Holdings —HK 5.60
      303 words
    • Article
      PSA plans to launch FastConnect on Jan 1
      476 29  -  New system aims to accelerate the connection of containers By] Rahita Elias [SINGAPORE] The Port of Singapore Authority (PSA) will launch a new system called Fast Connect, to accelerate the connection of containers, on Jan 1. Chief executive officer David Lim said
      476 words
    • Article
      Lock icon Marine insurers to go with US$20b limit
      209 29 Reuter [LONDON! The world's largest marine insurers are set to go ahead with a move to limit to about US$2O billion (5528.2 billion) the additional liability on shipowners in the event of a single catastrophe, insur- ance officials said on Monday. A decision
      Reuter  -  209 words
    • Article
      Where do class societies stand on the issue of safety?
      789 29  -  STRAIT TALE Ry i Seafarer DO WE expect too much of classification societies? Classification society executives must be sleeping more soundly at night following several court cases which have refused to allow claims by third parties for alleged negligence by
      789 words
    • Article, Illustration
      Lock icon Precious to launch US$50m bond issues
      255 29  -  By' Yong Mei Fong [SINGAPORE] Giant Thai shipping company Precious Shipping will be launching US$5O million (5J70.6 million) of Euro-convertible bond issues in London next week to raise funds for its expansion programme. Its management team, which was on its road-show rounds, was in
      CHRIS LOH  -  255 words
    • Article
      Lock icon Aussie port workers to strike for five days
      160 29 Bloomberg Business News (Sydney] Australia's maritime workers will strike for five days from midnight tomorrow, crippling the nation's waterfront, as Australian trade unions step up their industrial campaign against mining group CRA in a dispute about individual contracts. The Maritime Union of
      Bloomberg Business News  -  160 words
    • Article, Illustration
      Kobe to resume full operations by April '97
      438 29  -  Japanese port fast recovering from earthquake By' Yong Mei Fong [SINGAPORE] The devastating earthquake at Kobe in January is estimated to set the port's profit back by some 5 billion yen (5568.9 million) this year. However, the port is recovering fast and
      438 words
    • Article
      ABS contracts with Asian shipyards surge
      232 29 [SINGAPORE] The American Bureau of Shipping (ABS) has reported a surge in contracts with Asian shipyards for the classification of new vessels over 10,000 deadweight tonnes. For the first nine months of the year, tonnage has increased 20 per cent, moving ABS into what
      232 words
    • PORT Shots
      • Article
        Lock icon China to implement ISM code
        91 29 Reuter [BEIJING] China, as a member of the International Maritime Organisation, is to impose the International Safety Management (ISM) code on its international shipping industry, Xinhua news agency said. The Ministry of Communications has decided to impose the code on Chinese companies and their ships
        Reuter  -  91 words
      • Article
        Lock icon Freight dispute with lines resolved
        102 29 Reuter [ABIDJAN! Ivory Coast's Caistab marketing board has struck a deal with shipping lines on cocoa and coffee freight rates to Europe and loading of the produce should now go ahead normally, shipping sources said. The two sides agreed on a 7 per cent cut
        Reuter  -  102 words
      • Article
        Lock icon Aussie port charges too high: minister
        69 29 Reuter [CANBERRA] Australian port charges are too high, said Primary Industries Minister Bob Collins yesterday. Mr Collins, a former transport minister, was asked by the opposition in the Senate about the efficiency and cost-effectiveness of Austria's seaports. He said he found it frustrating as
        Reuter  -  69 words
    • Article, Illustration
      Lock icon Training fails to meet demand
      1000 30  -  MANPOWER AT SEA: JOBS FOR TRAINED PEOPLE GO A-BEGGING A combination of rising demand, an ageing workforce and a low intake of cadets has led to predictions that by the end of the millennium, the industry will face a huge shortage of qualified officers By
      Fairplay  -  1,000 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      510 30 PACE ABC Cont 16 ANL 3 API 12 Able 7 Accord 8 Ahlers 6 Ahrenkiel 4 Appenship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 8 BSA 9 BTl 16 Bangladesh 12 Batamindo 7 Bengal Br IS Blue Star 9
      510 words
    • Article
      SHIPPING GUIDE
      11301 38 ETA ETA Advertiser Vessel Voyage Pg I SIN Dest'n Nam* Name Wo. Wo. wmmmmmmmmmmmmmmmmmmmmwmmmmmmmmmmmmmmmm A Aarhus a/1 07/12 Maersk LOUIS MAERSK 9512 M 19/71 H/12 Maersk LIVERPOOL BAY 5685 M Abidjan 20/1 23/12 Nedlloyd ARGOLIKOS /5422 >3 20/11 27/12 "K" Lin* PACIFIC LINK 3005F B 21/11 21/12 MOL
      11,301 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        632 47 Vessel Voy No Berth Arrival Departure (BT) Afrijal 7/95 jlongjMt 15.U/WOO (BT) Cahaya Batam 3/95 J1 alongside 15.11/0130 (IT) ClbmU 1/95 J1 alongside 15.11/0700 (BT) Faiaf Baru 2/95 J1 alongside 15.11/1700 Baek Sa Bong 11/95 J14/15 alongside 15.11/1800 Batam Murm 11/04/95 J4 alongside 15.11/2300 Buana Indan 20/95 J3
        632 words
      • Article
        CONTAINER SCHEDULES
        1593 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Balanc* Rstls Ship Voy No Etb/Btr Ptrkxl From To From »MM 2SA 17/0700 3 IS/0700 15/1159 IS/MOO 4 IS/1200 IS/1459 15/1700 Am Jad* 264* 16/1700 2* 14/1700 15/0659 15/0900 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 Anda ***** 17/0700
        1,593 words
      • Article
        COCKETT BUNKER MARKET REPORT
        820 47 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        820 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon US air controllers question safety of 'free flight' plan
        327 48 Federal Aviation Administration says programme will improve safety and route capacity Reuter [WASHINGTON] The Federal Aviation Administration said it remained confident its new programme to allow pilots to chart their own flight courses would improve air safety and route capacity. It
        Reuter  -  327 words
      • Article
        Lock icon Ford vice chairman to retire at year end
        219 48 Bloomberg Business News [DEARBORN, Michigan] Ford Motor Co's vice-chairman Louis Ross will retire at yearend, as the car maker's veteran executives continue to leave in the wake of the company's global reorganisation. Mr Ross, 63, is also Ford's chief technical officer. He
        Bloomberg Business News  -  219 words
      • Article
        Lock icon Merger between United Airlines, USAir is off
        256 48 Reuter, AFP {CHICAGO] The company that owns United Airlines announced on Monday there would be no merger with USAir, the sixth-ranked airline in the US. "We did not believe that a transaction which met our requirements was achievable," said Gerald Greenwald, chief executive
        Reuter,; AFP  -  256 words
      • Article, Illustration
        Lock icon Laker to take off next March
        62 48 [LONDON] Freddie Laker standing behind a model aircraft of his new airline Laker Airways at the World Travel Market on Monday. The new Laker Airways service plans to take off on March 29 next year from Gatwick to Orlando. The new class named Regency
        REUTER  -  62 words
      • Article
        Lock icon Tunnel rail service celebrates 1st year
        171 48 AFP [LONDON] The Channel Tunnel rail service linking the British capital with Paris and Brussels celebrated its first birthday yesterday Almost three million people have taken the train between London and Paris or Brussels since the first Eurostar service on Nov 14,1994, according to
        AFP  -  171 words
      • Article
        Lock icon Indian airline MD shot dead
        103 48 Reuter [BOMBAY] The managing director of India's largest private airline was shot dead in his car in Bombay late on Monday, police said yesterday. Airline sources said up to 14 bullets were fired at East West Airlines managing director Thakiyudeen Abdul Wahid at a crossing
        Reuter  -  103 words
      • Article
        Aerospace conference to focus on security
        180 48 [SINGAPORE] The 3rd Asia Pacific Defence Conference, to be held in Singapore on Feb 6 and 7 next year, will focus on issues affecting regional and national security. Organiser Asian Aerospace yesterday said topics would cover cooperative security, the involvement of the US in
        180 words
      • Article
        Lock icon Continental Airlines sues Regency Cruises' president
        182 48 Carrier attempts to recover USslo.7m loan Bloomberg Business News [NEW YORK] Continental Airlines Inc sued to recover U5510.74 million (Ssls million) from the president and controlling shareholder of Regency Cruises Inc. The Houston-based carrier said Antonios Lelakis personally guaranteed a promissory note in which
        Bloomberg Business News  -  182 words
      • LOG Book
        • Article
          Lock icon Indon carrier plans expansion
          91 48 AFP (JAKARTA] Private Indonesian air carrier Bouraq Airlines is considering expanding its flight network to parts of Malaysia and Thailand, state news agency Antara reported yesterday. "Additions to our flight routes may be made any time after we have completed the necessary preparatory work," Eddyono Salatun,
          AFP  -  91 words
        • Article
          Lock icon Mexico outlines terms for railroads sale
          104 48 Reuter [MEXICO CITY] The Mexican government set out the terms for its forthcoming privatisation of railroads, saying that foreigners will be allowed to own a majority stake in the privatised companies if the government approves the deal. Mexico plans to set up at least
          Reuter  -  104 words
        • Article
          Lock icon Double-decker plan for Manila
          103 48 AFP [MANILA] British firm Duple (Metsec) Ltd plans to manufacture European-style, double-decker buses for Manila's streets to help lighten traffic congestion and improve travel safety, a senior company official said on Monday. Regional Manager Dennis Sommersett, part of a British delegation to Manila, said his company
          AFP  -  103 words
        • Article
          Japan Airlines may restart India flights
          66 48 [TOKYO] Japan Airlines said on Monday it was considering restarting flights to India, as it expects the number of Japanese business passengers to India to increase in line with economic expansion in the country. Separately, the nation's largest airline company is currently studying a
          66 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
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      1499 30 NORTH AMERICA 1 I OTHER DESTINATIONS I I NORTH AMERICA I DIRECT CALL TO WEBT COAST (BCX) WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) vissa vor I eusm I {msul u om Ivat su dm hod a* Imy wdcoott mvi Ivorl mi |n.aumMj>M<o*|iußi«»Bmi»A|wauau>|ui»io>Bno|KAwiu|wMuau2|*uwi(o
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      239 30 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. for advertising enquiries, contact Shipping Times: Tel 740-2089 AURORA 17/11 RdnVAtw/UK/Nantes I BELLE 20ni RdnVAtw AJ K/Nantes I Bhang MAN Hodeidah/JeddstfVAqaba I pan FORTUNE Dubai/DarnmarVKuwait/Bahrain I HERAKLES DuDai/Doha/Kuw art/Bahrain I toads Singapore, E7W.
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      1201 31 EXPORT TO: TO: JEPDAH/UK/CONTINENT (VESSEL VOY sill *0 R'DAM H lUR6 I'HAVEN SION LEH ALSO ACCEPTING CARGO FOR: MOSEI 1455 17/11 03/12 05/12 07/12 W/12 GLASGLOW, GRANGEMOUTH LA SEME 3445 21/11 01/12 14/12 13/12 10/12 11/12 AND SOUTHSHIELDS TYNE 1445 24/11 10/12 12/12 14/12 14/12 HEDU.OYD AFHICA 3475 2S/11 08/12
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      1695 31 0 H ANJIN SHIPPING I USA CANADA Ha pox nw oi Si Si mm Tkh mt mc oi o» ivi m prs ra Pra I i/7w w/n~ w/n w/u ii/u ~TT/n u/u~ 11/11 11/12 ~ii/n~ w/11 n/n 00/11 11/11 ti/11 u/u u/ii I TiTii uTiT 14/11 ii/ii 17/11 10/11 17/u
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      1286 32 VKSa VQY *TM6*W»r"" JEDOW M*U' SOUTHAWTW HAMIU»6 tOTTHMM MfIWW It HMB MUM 14/145 it/11 ¥12 Ml 142 5Z12 HOKHSTOHBS 23/345 11/11 77/11 04/1? M 2 M/ 12 07/12 'V? STUTTGAIT EXPtfSS 1V144 73/11 10/1? 13/1? 11/1? 1 2/1? IaTAMfI ~~B7Sr~ gn ~im ii7TT~ iVil i*/i2 M/ 12 is/11 pgscaiExmss 25/14;
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      1561 32 NORASTAH VESSEL VOY SIN ALQ LAS BCL VAL HAM BRE ROT ANT FEL LMA St* ENOEAVOUR 545* Nfll OVI2 04-12 09/12 10/12 OS/12 1«T12 11/12 12/12 12/12 14/12 NORASIAFRWOURG 9M6 3 22/11 12/12 11/12 11/12 17/12 11/12 17/12 11/12 I*l2 18/12 21/12 NOR HONGKONG M 47-3 29/11 11/12 11/12 21/12
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      661 32 JAPAN/HOMQKONO/STRAITS REGULAR SERVICE LOADING FOR PORT KLANQ/PENANQ VESSEL VOY S PORE P GUOAN6 I PK6 I PCX SHIM LIKE 3 2 SID W PT EASTERN HERO 22 IWPT UNOV OCEAN BRAVE 3 1« NOV ORIENT VENTURE 20 17 NOV UNOV URANUS 17 21 NOV 23 NOV FORTUNE CUPPER 5 25
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      1001 33 EVV STRAITS SHIPPING PTE LTD IggSf 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new quinea pacific line Singapore (A SERVICE OF CHINA NAVIGATION CO) STRAITS HOPE V9614E 11 Nov 20 Nov Muara Kota Klnabalu A Labuan STRAITS STAR V9606E 21 Nov 23 Nov Muara.
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      3261 33 w Singapore Agent: 1 I P&O Containers (Singapore Agencies) Pte Ltd O 10 Hot- Chiang Road, #07-01 Keppel Towers, Singapore 0208 PQiPv First Class Connections WORLDWIDE cnr^"" i^im^ 44PNOCS r 225 5527/222 75,7 EXPORT IMPORT VESSEL WOV pP«S *W(5 BS SOU ANT ROT HAM OOT BRE LEH VESSEL VOV ANT
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      1198 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SGP ROM ANW HRG THP LHV IMV THP ROM ANW HBG PKL SOP E. ROYAL RW-023 11/11 1/12 9/12 10/12 12/12 13/12 C. GREET Ri-061 23/10 24/10 25/10 20/10 10/11 E. REFINE RW-003 25/11 15/12 10/12 17/12 10/12 20/12 E. GLOWING RE-033 20/10 30/10 1/11 2/11 3/11 27/11 20/11
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      868 34 PERSIAN QULF SERVICE Ktta vov nr ou> muomnmmrwtim UMONWARO 0373-018W !WI *1/12 02/1? 02/12 03/12 05/12 (8/12 UW CHART 0374-020W 25/11 OM2 00/12 07,12 S*ll 08/12 00/12 UNI CROWN 037V020W 02/12 IKIJ I*l2 I*l2 I*l2 I*l2 I*l2 PfTRALIA 0378-006W OH 2 11/12 2*12 20/12 21/12 2*12 2*12 ALSO ACCEPTING ECL
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      698 34 n^^ScHßSr^tAPiN^aSlac^sjFrrLTD^ Bf TEL: *****33 (12 UNES) 2 FAX: *****15/*****03 HB TELEX: RS ***** RISHIP (3 Lines) S=J CR NO: **********0E m ETHIOPIAN SHIPPMB UNES Y (National Lkm of Ethiopta) ACCEPTING FCL AND COWVENTIOWAL Vmhl Voy ETA Loading for Spore MomOasa, DjtoouC Nftlinrt 40W8 2 Ass<iL Andbwt 42-,VB 18/01 MomtoMß, DjibouU
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      2830 35 CARGO TO VARNA, ODESSA AMD CONSTANTZA VIA UMASSOL Sia§aparaa Ganaral A full Tal (Banonl): *****00 Agincr Dipt COSTAR SHIPPING PTE LTD Faw: (Ganaral) *****90 Conlalnar *****41,144 Contain/ Jrc l/l *****02 OpartUan rt'ttfr *****15 0 Snttilo* Wat ***** Talsi:2oo3t COSHIP Contanllonal *****50 O/0:*****15 Contanllanal *****44 DOS oil! Tomar 2 CK Ma
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      642 35 fj& FAMOUS CONTAINER LINES /ICS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) I INDIAN SUB-CONTINENT I COLOMBO BEST RATES OFFERED CALL US NOW *****33 MAHESH I BABY LEE P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) j. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS PTE
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      1084 36 3unimiM HgMpHpnmMMHHHI [VESSEL VOY iIN JKT I VESSEL W SIN PEN I^B WANABHUM 300S Wad lln PI Sat 18/11 GURUBHUM 16/11 ~£T 18/11 M VESSEL VOY S.N BKK GQQQ EASY- 22S ~TT~ Tua 21/11 CHU_TIAN 5511 Sat 18/11 jMATHU BHUM —253N Wgd_ 15/11 Sat 18/11 S RA BHUM Frt *****
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      1108 36 79 ANSON ROAD, *21-01, SINGAPORE 0207 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANQ PENANG VtSSEL I VOY 1 S4W PKI VESSEL I VOY I SIN PEW SEA LAUREL 433H 16/11 THU 17/11 FRI DRAGON NIAS 68N 23/11 THU 2STII SAT EAGLE BREEZE 222 A 16/11 THU 18/11 SAT SUSAK *****
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      637 37 i BSA a. I M MYANMA «BBk FIVE STAR UNE W (MywnMT Notloool Ueo) Loodiag for Yoagoa (RoBgooa) •vissa voy sm m rw pgu CUO IW SID PBIYA 140W 21-2S/11 MPT B•BAUYSU AGWTS: OOUSTIAB SMPPM6 AGOKXS KUL TH 97-03-***** M ML TH 02-03-*****01 «t TU 07-04-*****42 PGD: 18. 02-07-2511J21/4 BANK
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      922 37 SjSS:Pff PACIRC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********06 mim ynv RMI J M MOO JCD AOJ AM PZU Mii ASA KOTAWMUWAN WOOJB 18/11 23/11 30/11 8/12 8/12 4/12 8/12 7/12 8/12 4/12 KOTA 88HANI anWtBE 20/11 4/12 10/12 11/12
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      866 37 K^jwrnmum **********Z VESSELS VCrt "7T" HAMBURG THAMESPORT ROTTERDAM ANTWERP VftLE DE CAPELLA TI2W 23/11 IVI2 I*l2 17/12 18/12 2*12 VKXE DC ÜBWA LI2W 30/11 21/12 22/12 2V12 2*12 27/12 VBXEDE NORMA NI2W o*l2 2*12 27/12 2*12 30/12 01AM VIXEDECARP4A CIIW 12/12 02AM 04/01 06AM 07Aji 0601 •ALSO ACCEPTING CARGO TO
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      54 39 IJC VISA FREIGHT SERVICES PTE LTD Q 1 Established Since 1984 OCEANIA PORTS REGULAR GROUPAGE auckland sydney IMPORT fit EXPERT BRISBANE T J MELBOURNE FREMAMTLE FOR BOOKING SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL: 1800-*****34
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      1894 40 1 AS AGENTS: "K" UNE (SINGAPORE) PTE LTD (CR MO: 1244J*****0WG5T KG NO M2-M*****0) TEL *****77 TELEX KAWAKJ R*****5 FAX: *****16/7/8/9 I W MALAYSIA: "K" UNE MAMTME (MALAYSIA) SON BHD I m m TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****256 MOONESIA: P.T. SARANA LAUT MTERNUSA, TEL
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      1341 40 SINGAPORE 0890SS AM CUSTOMER SOVKI 225-1-225 DOCUMENTATION FAX 224-0-444 VvH BH GENOA! UNE 225-9-964 GENERAI FAX 221-4-922 Wr Carry Your Confidence. EAfiU VOICE TOMOwra AMPttCAicAHADA WIKKLVCOWUBMHIIIII agwvK* mhl mjw |w«Kuw»wt WliinwaMnmßi IKAIUa lOMIW CH jaw. I HOU |«l in [101 lIP I I wn wii iwii wii p aMfcu) vi«
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      433 41 (A MiY-MB MM OF Ml) Official AgMit off: (SEA AIRFREIGHT) JvCIUI IUCC TRANtPOaT QMBH MAIN LINE: 278 7772 IWTER A ALE SPED<TION WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETO COLOMBO 18/11 20/11 KARACHI 24/11 30/11 MADRAS 16/11 20/11 CALCUTTA 17/11 22/11 CMTTAOONQ 14/11 21/11 NHAVA SHIVA 24/11 30/11 USA/EUROPE rro
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      1715 41 TWICE WEEKLY TO EUROPE 11l rTSTi CR **********0R F»"<F) Pfu(F) So* m Ham Sou Brvfl) Rtn*2) Uti Phg Stn MOSEL /1455 15/11 15/11 17/11 15/11(F) 07/12 09/12 03/12 04/12 06/12 DANUBE /4435 22/10 2S/10 26/10 23/10 17/11 18/11 LA SEINE /3465 19/11 19/11 21/11 22/11 10/12 12/12 14/12 15/12 13/12
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      Page 41 Advertisements Column 3
      355 41 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. VESSEL VOY HONGKONG SINGAPORE P.KELM6 PENANG UiGatwt 49 gg S»IM NPwt OrttHl SwrtM M 29-27/11 1142/12 13-04/12 CMg Ot CXretM 58 95-M/12 11-12/12 13-14/12 15-11/12
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      1512 42 ■qimwi MAERSK ENHANCED SERVICE TO EAST COAST SOUTH AMERICA MAERSK NANHAI V.9502 ETA SIN 20TH NOVEMBER 1995 Vessel toy ETA I ETD DESTINATIONS Next week PANAMA Next week 6TH STRING MAGRETHE MAERSK V 9610 ARTHUR MAERSK V 9618 OBOO* BBOOH CV- 21/11 1800 MRS CY 22/11 1200 MRS CFS-21/II 1000
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      635 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY I SPORE P.KELANG HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPtCO HOUSTON HOEGH DUKE 0632 25/26 NOV 19 NOV 09 JAN 12 JAN 15 JAN 22 JAN 18 JAN 26 JAN 30 JAN HOEGH MIRANDA 0732 11/12 DEC 06 DEC 27 JAN 30
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      416 42 PHILI OnifNT Y**UN(S PT€ LTD ®TEL: *****00 (16 UNES) FAX: *****76/*****38 fIW CR COOE: **********0H Y>CI P. KELAMQ 03-*****98 PENANG 04-*****6 W I SYDNEY, MELBOURNE. BRISBANE, 20 NOV I AUCKLAND. WELLINGTON, LYTTLETON, 17 NOV I NAPIER. CHRISTCHURCH, NEW PLYMOUTH I LONDON. FELIXSTOWE, LE HAVRE, 20 NOV I ROTTERDAM, HAMBURG. ANTWERP
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      751 43 ACCEPTING LCL CARGO TO Singapore Dntkation CfS dosing day Sailing Day FIRST FORWARDER IN Ha (U fworw 53 -i t vtni t-u ASIA AWARDED —tw \m mm* tvery Wednesday tvwy hrMoy ISO 9Q02 BY LRQA WW Every Thursday Every Saturday Bangkok j~" Every Friday Every Sunday r*-\ Manila Every Friday
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      1648 43 ma pre rn 881 m om vessel pkl m HUG fusan m Ml S3! BS_JHWSSI HSL_ MS an 3455 1411 IS 11 IMI M.ll 0312 0512 Ml 2 04 12 1512 MS MAAS 2435 1211* 1111 17.11 20 11 21 11 2211 MS MOSII 1456 1711 *11* IS 11 06
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      389 44 Singapore Soviet Shipping <afc Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN I VESSEL VOY SIN BOM COC MEKHANIK KUfUKO MKIIN 16/11 24/11 02/12 SEA GLORY GLRO67 IS/11 27/11 KOTAMUTIARA MUTO3O 23/11 01/12 jxOUR GEMINI 412 OS/12 13/12 HAIPHONG SERVICE I VESSEL VOY SIN HPH PIONER KIRGI 125V96 IS/11 23/11 KURIL
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      129 44 S!N FAR EAST 21/11 KEELUNG/KAOHSIUNG 19/11 BANGKOK 19/11 MANILA/CEBU 19/11 JAKARTA/BELAWAN/SURABAYA 19/11 PORT KELANG/PENANG/E. MALAYSIA 19/11 BUSAN 19/11 TOKYO/YOKO/KOBE/NGO/OSA 19/11 HONGKONG SIN CHINA (+n#£»*n) 19/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 19/11 LDN/FLX/LVP/SOU 20/11 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 20/11 LOS ANGELES/NEW
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      327 44 STAR SHIPPING AGENCIES (S) PTE LTD I AQKMTSFOIk ZIM CONTAINER SERVICE GOLD STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 T«t *****12 (MARKETING) NO. **********(H) ZIM'S Black S+q Line W-klv Service At Fixed Pays Zim's Black Sea Line has recently upgraded its service and now provides
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      736 44 VESSEL VOY SIN TIGER OCEAN 383N 18-18/11 2*26/11 3662/11 TIGER CAPE 384N 20-21/11 26-29/11 04-06/12 TIGER ISLAND 38SN 23-25/11 29-03/12 07-09/12 TIGER BRIDGE 386N 27 28/11 11-12/12 TIGER CAPE 388N 0*05,12 10-13/12 18-19/12 TIGER OCEAN 387N 30-02/12 06-10/12 14-16/12 VESSEL VOY SIN CALSIN I OPTIMA 131 17-I<Vll 24-27/11 I ANDROMEDA
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      174 44 VSL M FKM MCLI STO MJCK LYTT HAHTHAIJM Hw tw i4*2~ wn a/ti AMTWfKPfMIM 11/12 I*l2 17/11 21/12 24/12* tiUIIIWOWIM 1«/12 27/12 t2*l M*l~ 12*1 11*1 MUUtL 367 DMI I 2MI 27*1 11*2 Bg'via Auckland m tm 6PT wtw cm pw. mi mrwtnpfM im n/12 iw 21/n 21*1 21*1 HUM
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      269 45 fOUt TIMtS/ WIM SAILINGS: P. GUPAN6/SINOAPOIIE SOUTH lOUND DBSa »0T PGUOWtt gj BMUSMV 4118 15/II*ED 15/11 WED BMUSIMV 41«3S ii/IITHU 17/11RB BMUsmy 4i«4s wiisw if/nan HMUSIMV 4IISS JO/11 MON Jl/11IUE 4tig jj/imiß) jj/iiwfl) nmsiMv 41«ts jvii thu jvii rb NORTH lOUND KSSa 1 W 1 SW I P6UOHI6 HHUStMV 41BH
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      442 45 PULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEUVOY ETA SIN ETA MAA SEA DRAGON V OIKM7* 16-I*ll 23-24/11 KOTA MAC HAN V MACOS3 IS-20/11 24-29/11 TWER CAPE V 104N 20-21/11 25-26/11 KOTA JASA V JBAO4I 23-24/11 2MWII PHAVDtNSK V 30 24-2S/11 2»-30/11 KOTA JADE V J AOlO5 26-27/11 01-02/12 TIGER
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      285 45 NEC SHIPPING nfn AGENCIES PTE LTD M: *****29 Fox: *****39 WEEKLY CONSOLIDATION SERVICES LOADING Fro* Sinfopoft Nev Dec To Far Ent Ports fcngkok H/lf/72/25 Hongkong 17/21/24/71 farm (Koeiung, Kaohvung) 14/17/23/24 Iwon 11/70/77/30 1/3/* Jakarta 11/21/25/21 Haiphong 20/25 3 Ho On Minh 72/21 i To linfiao Sob Cootwoot Konxhi 17/24 I
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      756 45 l| J II sa "CALIFORNIA MERCURY 74" eta sgp 22/11/95 I Hm| II ARRIVING LOS ANGBfS 09/12/95 IN 16 DAYS I HT7 aex: "NEPTUNE AMBER 38E" ETA sgp 22/11/95 I ARRIVING NEW YORK 16/12/95 IN 23 DAYS I EXPORT tUAFORi CALPOBWA PPRQjffCX) TOt WWC CAMABA »m> VOT HN IPS OAK
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      715 46 *a SINO EXPRESS SHIPPINO (PTE) LTD. MM 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. I m TEL: *****90 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI CONTAINER SERVICE) SIN/HKQ/SHAI SPORE HKO SHAI VESSEL VQY ETA ETP ETA ETD ETA ETP J. FASTER 9523/9524 17/11 18/11 23/11 24/11 27/11
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      914 46 am MM CQMTAIHER LIMES. IMC I Afpnts: MAC-NELS SPORE: *****22 (24 LINES) kuchmg.-<082)*****3 I J CffNOnMWHIM SSU: (064)*****9 MAMLA: (632) *****61 N PENANG: (04) *****6 BANGKOK: (862) *****67 SURABAYA: (31)*****0 P. KELANG: (03) *****77 JKT: (21) *****07 MO* (61)*****3 BANDUNG: (22) *****88 I ASIA HKG/TWH/BKK GENOA/EUROPE I 2Ji EKj, HKGEKKXELXHH
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      258 46 iff MFL SHIPPING (INT'L) SSSff PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCULCL CONSOLIDATION SERVICES 1 HOT LINES; *****42/345 VESSEL VOY ETA (SIN) DESTINATION PRES GARFIELD IOSE 20/11 KAOHSIUNG MISK YOKOHAMA 9518 20/11 NAGOYA 00CL CALIFORNIA ME 21/11 HONGKONG GLORIA I S44S/N 23/11 BUSAN AMBASSADOR BRIDGE ME 24/11 HONGKONG
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      160 47 fMfKAPAL KRIS Shipping Pte Ltd 701DUXTON ROAD, S r R»rOB9S29 JH Ttfc *****76 Fox: *****77 a no. nnnwoc KUCHINO I rm\ VISSIL VOY ETDSPOM VISSU VOY ETDSPOtI SKEMUNING 9531 19.11.1995 «5 MISMAOUU t5!7 25.11.199S ggg ™J J BUNGAIUTANG 954* 27.11.m5 ""MEfUll 9St9 041? 19,5 BUNGA KEMUNING 9541 2t.11.199S IMU AWfll
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      82 47 NIPPON EXPRESS (Worldwide Consolidation System) FIXED WEEKLY DEPARTURE ARRIVAL TO: Arrow U.S.A. IRffnßVl ETD SINGAPORE EVERY MONDAY HUiUUH- ETA LONG HACK EVERY THURSDAY ETACHKAGO EVERY TUESDAY Arrow Europe (17 DAYS TRANSIT ONLY) ■nVRRRH ETD S PORE ■ilittikiyS EVERY SATURDAY ETA FEUXSTOWE EVWY TUESDAY ■WWHTffIM ETD S PORE ■bkilAilUaMM EVERY THURSDAY
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      129 47 LEGEND: R Thunderstorm Temperoture <> c yOs n Shower Weother _X Wind direction with speed in knots Rom Cloudy Sky Wove height Surface winds ore indicated by arrows which fly with the wind One full circle represents calm or light and vonoble winds One holf Heche represents 5 knots I
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