The Business Times, 18 July 1996

Microfilm: NL20622
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046V12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, JULY 18,1996 ~a
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  • Article
    MARKET SUMMARY
    43 1 "'j Q 525T+7.96) 1M ot.^u U HM(+r<2) Bsr- iMMKHMi KUEOMtf UHlmJZ'IS WKKH_ -MJMM 411 i lippB MUMlM -1M8 I SW1NDEX MUji iMAKTA OMP —17*17 *K MAtflAOOMP-_*187* ItJfi I wmmei—MW-hiui CL8A CHINA B WM AUBfALL0SD —2JH1 __-4J lpiRDT Ctafe WW—— UHLtt ♦1717
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  • Article
    FINANCE
    15 1 M: rjern W1 «F I rf*iM a ;>X%- S- ii£. 1 B_l]JlLlJBPit???iMMg ;|l«glllM Source:
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  • Article, Illustration
    Japanese finance minister warns of crisis situation
    416 1  -  Govt finances verging on crisis; tax hikes may be on the cards From. Anthony Rowley in Tokyo JAPANESE finance minister Wataru Kubo warned yesterday that the government's finances have deteriorated to the point of a "crisis situation". But at the same time, he
    416 words
  • Article, Illustration
    Lock icon Amcol shares rebound on rumours of takeover bid
    394 1  -  By\ Conrad Raj [SINGAPORE] The share price of Amcol Holdings, which is the subject of separate probes by auditors appointed by its reconstituted board and the Commercial Affairs Department, rebounded from Tuesday's slump as rumours of a takeover bid resurfaced. The electronics
    Source: Bloomberg  -  394 words
  • Article
    IRAS steps up audits as errors in GST returns reach $14m
    355 1  -  By, Jenny Lam [SINGAPORE] The Inland Revenue Authority of Singapore (IRAS) will be intensifying its audit activities as it has found "mistakes" to the tune of $14 million in last year's Goods and Services Tax (GST) returns. "Businesses are
    355 words
  • Article, Illustration
    S'pore needs high growth to fulfil its dream: BG Lee
    552 1  -  6-8% growth in next 10 yean possible but task will net be easy By i Gernevieve Cua [SINGAPORE] It is essential for Singapore to keep its economic growth rate high if Singaporeans are to improve their lives, Deputy Prime Minister
    552 words
  • Article
    Regional markets stay on even keel
    274 1  -  By\ R Sivanithy [SINGAPORE] Regional markets continued to display resilience yesterday in the face of turmoil on Wall Street, with Singapore surprisingly bouncing up 1.12 per cent. The Straits Times Industritfaft. Dow Jonet, Industrial Average had dropped 161 points, yesterday rose 24.58 points to
    274 words
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      58 1 WHlhettgfewa Oil^klnitnMl Central bank governor Dai Xiangloeg may have to do ■HHIIIJIB j c^*ffcyl|| ffVji wtetlveiy weak yen) fih*A£ Takeover not likely as Amool's I major ahareholders are caugirt at i price# far higher than flaaacfarMfaal*,/*;/. Recipe for a crash not mu^tae^e^ "mdonSm 17 811(10 j»new ill" ir i i
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      9 1 riiftj fllllllßg govt to boost interest rates, Pg 10
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      23 1 llh <11> < <i! i > 11 i< I s<>|>ll s I I < 111 < til V <#■» I n* X M ANUFACTORE Girard-Perregaux IjF PCIIS 1791
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      17 1 People's commitment and values crucial, Pg 2 Two-party »ytgm would mean a compromise in standards, Pg 2
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  • SINGAPORE AT HOME & ABROAD
    • Article
      People's commitment and values crucial: BG Lee
      369 2  -  S'pere will not thrive if the only thing which motivated its people was wealth By\ Genevieve Cua WHILE keeping growth high and staying competitive are important challenges, they depend on one yet more fundamental factor the quality of Singapore's people, their values and
      369 words
    • Article
      Two-party system would mean a compromise in standards
      417 2  -  By l Chuang Peck Ming SINGAPORE cannot have an effective two-party political system because it already has difficulty producing one good cabinet of ministers, Deputy Prime Minister Lee Hsien Loong said last night. To produce two sets of cabinets in a two-party
      417 words
    • Article
      Motorola unit wins quality award
      251 2  -  By Clarissa Tan THE paging subscriber division of Motorola Electronics Pte Ltd has won the Singapore Quality Award (SQA) this year. The award, administered by the Singapore Productivity and Standards Board (PSB), was presented by Minister for Finance Richard Hu at a ceremony yesterday. Cham
      251 words
    • Article, Illustration
      Cost panel to examine impact of inflation
      202 2 INFLATION in Singapore and its repercussions on the lowerincome group will come under close scrutiny by the reconvened Cost Review Committee (CRC) which held its first meeting yesterday. In his opening remarks, chairman Lim Boon Heng, the Minister-without-Portfolio, stressd that the rising cost
      202 words
    • Article
      Govt launches paperless link with suppliers
      290 2  -  By] Nicholas Fang THE government yesterday launched an electronic procurement system (EPS) which will make buying of commonuser products such as stationery and office fUrniture paperless in the civil service. Two units the budget division of the Ministry of Finance and the pharmaceutical department
      290 words
    • Article, Illustration
      Lock icon M 2 growth slipped in May
      349 2  -  EYE ON THE ECONOMY Finance By\ Paul Leo XX GROWTH in M 2, the chief measure of money supply, took a dip for the first time this year in May. Figures from the Monetary Authority of Singapore show that M 2 grew 9.7 per
      Source:  -  349 words
    • Article
      Suntec City Mall gets French hypermarket anchor tenant
      282 2  -  Carrefour's entry after Email's failure surprises retailers By. Jenny Lam SUNTEC City Mall has struck a deal with French hypermarket operator Carrefour to be its anchor tenant. Sources told BT that a lease agreement had been signed for Carrefour to take up
      282 words
    • NEWS Roundup
      • Article
        Motorola launches new walkie talkie
        63 2 MOTOROLA yesterday launched a new walkie talkie, called the Pacer, targeted for use in construction, event coordination and security services. Speaking at the product launch yeeterday, Phey Teck Moh, vice-president and director of distribution (South Asia) for the Motorola Radio and Products Group, said! "The
        63 words
      • Article
        Chinese medicine shop at airport
        74 2 EU Yan Sang (Singapore), the dispenser of traditional Chinese medicines, has opened a branch at the Departure/Transit Lounge at Changi Airport Terminal Two. The company claims that this is the first shop in an airport dedicated to traditional Chinese medicine. General manager Lim Hong Chung
        74 words
      • Article
        Telecom Italia unit opens office here
        48 2 Telemedia International (TMI), k wholly-owned subsidiary of Telecom Italia, the world's sixth largest telecommunications company, opened an office in Singapore yesterday. It is part ofTMTs ambitious expansion into Asia, which includes the possibility of TMI acquiring Asian firms, chairman Claudlo Albaneee said.
        48 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      155 2 W •> It takes one of distinction to wear a Patek Philippe. And a special place to carry it. HF Ladies' Ellipse, Ref. 4832 Cortina, naturally. Cortina Centre Home To The World's Most Treasured Watches EXCLUSIVELY AVAILABLE AT CORTINA WATCH CENTRE SINGAPORE: RAFFLES CITY #01-36 Tel: 339 9185 Fa*: 339
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      6 2 f [H K Finest Scotch Whisky
      6 words
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  • FOCUS: PROPERTY
    • Article
      S'pore-based fund in Indon property deals
      359 3  -  Govt-linked fund investing an estimated USsl2om in 3 Jakarta projects Reports by S N Vasuki in Jakarta A SING POREbased property fund has acquired a 50 per cent interest in an apartment building and an office complex in downtown Jakarta. The company, South-east Asian
      359 words
    • Article, Illustration
      Grey clouds loom for Indon developers
      550 3 Uncertainty over direction of monetary policy is chief concern ALTHOUGH the overall Jakarta property market was fairly stable in the second quarter of 1996, a new report by consultancy firm PT Procon Indah/Jones Lang Wootton hints that some segments of the market could face
      550 words
    • Article
      Tanjong Khu projects buck market trend
      651 4  -  Monthly sales in Costa Rhn, Pebble Bay higher in April-July than in Q1 By Diana Oon [SINGAPORE] At least two property projects in the Tanjong Rhu area have been chalking up reasonably good sales between April and midJuly, despite an overall slowdown in the
      651 words
    • Article
      Hong Leong to launch Bencoolen St devt
      188 4 [SINGAPORE! Hong Leong Holdings will launch a commercial development at Bencoolen Street on Tuesday. In a statement yesterday. Hong Leong said the 99-year leasehold project would have a 12-storey office block and a three-storey podium with carpark. There would be 95 shop units
      188 words
    • Article
      House Hunt
      1160 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between June *****6 to July *****. Project Name/ Prop Contract Tenure BuilHn/ Price PSt Street Name Type Date Land Area' (sqft) (SS-OOO) (S$) District IS Non-Landed Amber Park Apt 27/5/96 FH T744
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      554 3 ■JJ I.JJ IfJ :WMiB RESIDENTIAL SITE AT Bl Ft*"" TANJONG RHU ROAD Th^2*"£° o<3 Accessible by PIE, close to Parkway Parade R and Marine Parade Town Centre I Fort Rd c 10-minute drive from Airport and Raffles Place High school 'vET Site Area of 15,125 sf approx. Tanjong Rhu Road
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      334 4 Prime Freehold Residential Development Site in Orchard Area Location 26, Paterson Road, Legal Description Lot 1288, TS 24 /V Cjomn 1 > Land Area 2,359 sq m /y//v /V*o\ (Approx. 25,392 sq ft) Tenure Freehold Remarks Walking Dist. to N Ca Orchard MRT Station. I Ideal for Serviced 0 //<?/
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    • Advertisement
      Page 4 Advertisements Column 2
      87 4 Good Class Bungalow Site at Leedon Road Off Holland Road Site area of 4,080.95 sm approx. Freehold Tenure Potential to develop up to 2 good class bungalows Closing date of tender 31st Juty 1996 (Wednesday) at 3 pm For further information and tender document*, pleaae contact: Sole Marketing Agent STRATA
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  • SOUTH-EAST ASIA
    • Article, Illustration
      A tough call for Jakarta
      565 5  -  LETTER FROM JAKARTA Poll suggests public would be against the dismissal of the Judge who cried graft By S N Vasuki ADI Andojo was virtually unknown until recently. Today he is caught up in a storm that has engulfed Indonesia's legal system. Mr Adi is
      565 words
    • Article
      Lock icon 55 bankrupt directors still holding posts
      159 5 KUALA LUMPUR Bernama FIFTY-FIVE company directors who had been declared bankrupt were still holding on to their posts at the end of last year. Registrar of Companies (ROC) Ramly All said yesterday that they were among 711 people declared bankrupt but still clinging to
      Bernama  -  159 words
    • Article
      Lock icon Easier naturalisation for Chinese
      225 5 JAKARTA AFP THE Indonesian government has simplified its naturalisation laws for the country's ethnic Chinese and is now granting citizenship to spouses and minors. The Jakarta Post yesterday quoted Juwono Sudarsono, chairman of the National Assimilation Board, as saying: "The decree at last gives a firm
      AFP  -  225 words
    • Article
      Lock icon EU accused of double standards over Myanmar
      379 5 ASEAN -ftfi'MUMt. Mtarruiu DV JAKARTA Asean officials hit out at EU warning over ties with Yangon AFP SENIOR Asean officials yesterday accused the European Union (EU) of hypocrisy over its stance on Myanmar. They were responding to criticism from the vice-presi-dent of the
      AFP  -  379 words
    • Article
      Closer ties: EC wants a quick answer
      274 5  -  BRUSSELS By I Shada Islam ASEAN foreign ministers meeting in Jakarta this week must respond quickly to new European Commission proposals for stronger trade and political ties with Europe, said a senior Commission official in Brussels. Speaking ahead of a visit to Indonesia,
      274 words
  • Page 5 Advertisements
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      57 5 I VOLVO ■i I Ik Jl Wr It' w*'M c P" Road-sucking delta-link suspension system. Unique forecarriage design. And a grip on wet surfaces that's unmatched on land (or sea). y o w 850 SE. The nen light prrssurc turbo sat SM Motors 249 Alexandra Road Singapore *****5 Tel: 473
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  • CHINA – HONGKONG – TAIWAN
    • Article, Illustration
      Another interest rate cut?
      595 6  -  CHINA WATCH Bering ponders lowering rates again as it looks to consumers to maintain growth By Lu Ning ONE year after he succeeded Vice-Premier Zhu Rongj i as China's top money manager, central bank governor Dai Xianglong on Monday gave an upbeat assessment of the country's
      595 words
    • Article
      Lock icon PLA will be civilised, army chief assures HK
      322 6 HONGKONG AFP THE head of the Chinese army's future Hongkong garrison tried to calm jitters here yesterday, pledging that People's Liberation Army (PLA) forces to be stationed in the territory would be civilised. On the second day of his three-day visit, Liu
      AFP  -  322 words
    • Article, Illustration
      Lock icon No fluffy feat
      68 6 [BEIJING] A textile worker operating his handmade loom by foot yesterday. The wool is pushed through the machine and re-emerges fluffed up, ready to be placed as stuffing inside a bedcover. Working at this pace, he and his wife are able to make one bedcover in three
      REUTER  -  68 words
    • Article
      Work together, S'poreans abroad urged
      272 6  -  HONGKONG But also be good honorary citizens of countries yon live in, advises BG Yeo By < Quak Hiang Whai SINGAPOREANS who are overseas should organise themselves and work together for their common interests, Minister of Information and the Arts George Yeo said last night.
      272 words
    • Article
      Lock icon HK legislator seeks HK$ 50b in damages from 5 SFC members
      171 6 HONGKONG SCMP CONTROVERSIAL legislator Chim Pui-chung is seeking HK$5O billion (Ss9 billion) in damages from five top-rank-ing members of the Securities and Futures Commission (SFC) he alleges maliciously libelled him. The claim equivalent to five times last year's net
      SCMP  -  171 words
    • Article
      Lock icon Taiwan widens foreign access to telecoms sector
      483 6 TAIPEI Under US pressure, Taipei agrees to raise limit of foreign stakes from 20% to 59% Reuter TAIWAN has agreed under intense US pressure to let foreign investors own stakes of up to 59 per cent in Taiwan's telecommunication services industry, up from
      Reuter  -  483 words
    • Article
      Lock icon China axes feudal and colonial brand names
      128 6 BEIJING AFP CHINESE officials have axed nearly 4,000 company and product names in their ongoing battle to purge vulgar, colonial and Western-sounding brand identifiers, Xinhua reported yesterday. Businesses and products with names such as "professional killer", "emperor", "rich wife", "mafia", and "queen" have
      AFP  -  128 words
    • SINO Briefs
      • Article
        Lock icon Chiang reurial only after reunification
        77 6 AFP [TAIPEI] President Lee Teng-hui's Nationalist Party yesterday said plans to rebury late Nationalist leader Chiang Kai-shek in China could only come to fruition after Taiwan and the mainland were reunited. Decision-makers of the ruling party, also known as the Kuomintang (KMT), unanimously supported sending
        AFP  -  77 words
      • Article
        Lock icon China's CPI rose 8.6% in June
        54 6 Bloomberg Business News [BEIJING] China's consumer price index rose 8.6 per cent in June from the same month a year ago, according to State Statistics Bureau figures. The CPI increase compares with a year-on-year 8.9 per cent rise in May and 9.7 per cent
        Bloomberg Business News  -  54 words
      • Article
        Lock icon Taiwan trade surplus tip 17-fold
        80 6 Reuter [TAIPEI] Taiwan's trade surplus rose almost 17-fold in the first 13 days of July from a year earlier, continuing a year-long surge amid rising exports and slower imports, the Finance Ministry said. Taiwan's trade surplus climbed to US$97O million (511.37 billion) between July 1
        Reuter  -  80 words
      • Article
        Lock icon Taipei signs pact with Honduras
        84 6 Reuter [TAIPEI] Taiwan yesterday signed a pact with Honduras promising to promote more Taiwanese investment projects in the central American state that is one of its only 31 diplomatic allies. "We hope to help Honduras to build more industrial zones and to attract Taiwanese investment
        Reuter  -  84 words
  • Page 6 Advertisements
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      91 6 Incorporation of offshore companies with Chinese name Memorandum and Articles of Association are issued in Chinese Certificate of Incorporation is issued For further information with company name in Chinese and immediate service characters please contact: Mlchacl J Kingston Corporate documents notarised or OFFSHORE authenticated by the Embassy of the CORPORATE
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      Page 6 Advertisements Column 2
      81 6 I nnouncing "Business 111 Proposition"from the I fuv sturSiam City Hotel I This special offer includes I Deluxe Room, breakfast, all I taxes and senice charges pilts lots more Or, for y aA an additional 16.00 m lUSIYE r/ our luxurious tu<o-room I Hxecutttv Suites To I make \\>ur reservation,
      81 words
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      Page 6 Advertisements Column 3
      99 6 WORKS HIE IN i «i DBS Factors Asset Based Financing Lets you take advantage of your company's current assets to finance future growth. With Asset Based Financing, you can: Get more cash as your business grows Obtain Letters of Credit Trust Receipt facilities that grow with sales Enjoy low interest
      99 words
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      31 7 Have you seen what a few simple lines can inspire lately? j jr A V V| jJ/r k li 7 m -.-v. r-' f»'> [|^^^^M^^M^BWBB|BMBB^^B^MMMHM^WBBBB|a^KffI^^aBPc^^||wHBHaBB|MWE^| t aH|'■ j»«_,/•)& nra j£&g |h
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  • Page 8 Advertisements
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      232 8 A design like no other car in the world. Th For which other car is designed with features like electronic engine control that provides excellent fuel economy Factory-original leather seats. Cruise Cont these: A radical, sculpted elliptical shape that delivers and impressive performance at all engine speeds. New reflector halogen
      232 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      188 9 bp in tllls world. The new Ford Taurus. les excellent fuel economy Factory-original leather seats. Cruise Control. Complex that traps dust and pollen as small as 3 microns. Electronic 111 engine speeds. New reflector halogen headlamps for enhanced down-the-road temperature control air-conditioning. And remote keyless Insion. Plus side visibility, especially
      188 words
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  • ASIA
    • Article
      Praise for E Asian focus on people development
      531 10  -  TOKYO The Japan-led trend has ensured a better spread of the benefits of growth: UNDP By, Anthony Rowley DESPITE spectacular economic growth over the past decade in much of the developing world, the lot of about onethird of the world's population has
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    • Article, Illustration
      Lock icon Elderly pushing govt to boost interest rates
      414 10 TOKYO Low rates have hit pensioners, says finance minister Reuter PRESSURE to raise Japanese interest rates is coming from an unusual quarter the elderly who rely on their investment income to live. With a general election looming, the key voting bloc is unlikely
      Reuter; REUTER  -  414 words
    • Article
      Madras to get new name – Chennai
      157 10 Madras to get new name Chennai NEW DELHI MADRAS, the capital of the southern Indian state of Tamil Nadu, is to be renamed "Chennai", the name for the city in the local language, the Tamil Nadu chief minister announced yesterday. The Press Trust of India news agency quoted Chief Minister
      157 words
    • ASIA Notes
      • Article
        Lock icon Court adjourns hearing on Rao's appeal
        67 10 Reuter [NEW DELHI] A Delhi court has adjourned a hearing originally set for yesterday on former Indian prime minister P V Narasimha Rao's appeal against a summons to testify as a co-accused in a "cheating" case. High court officials said yesterday the judge wanted
        Reuter  -  67 words
      • Article
        Lock icon japanese economy recovering FEEB poll
        76 10 AFP [HONGKONGI Japan's economy is recovering and will have a positive impact on Asian economies, according to a poll released yesterday by the Hongkong-based Far Eastern Economic Review. The weekly magazine's survey said 81.6 per cent of business leaders in 10 Asian countries believed the
        AFP  -  76 words
      • Article
        Lock icon bangladesh army deployed in flood crisis
        61 10 AFP [DHAKA] Bangladeshi troops have been called to help thousands of victims of a second round of flash floods in two weeks that ravaged three Bangladeshi districts, officials said yesterday. Troops were put on alert during the first round of floods in early June
        AFP  -  61 words
      • Article
        Lock icon Australian consumer confidences declines
        73 10 Bloomberg Business News [SYDNEY! A widelv-watchad thmhw rfivwutnmw confidence in Australia m 8$ per cent to July to its lowest level since February as consumers decided that the economic outlook is not rosy. The Westpac-Melbourne Institute index of consumer sentiment fell 4.4 points from June to
        Bloomberg Business News  -  73 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      447 10 BAYLEYS AUGUST £9 AUCTION' 9G Bayleys Real Estate Limited presents: Over 45 commercial, industrial, retail residential investment opportunities in our August Auction Portfolio: High yielding properties in both North It South bland. To receive a copy of our auction booklet call or fax: 9(02)324 5220 (02)*****330 FaxK02)*****35 Martin Vocklcr Baylcyt
      447 words
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      Page 10 Advertisements Column 2
      504 10 siiiiiifflißiisiiiiiieisfflaiiiiiaaaeaiiaeiiieeiEi Superb Choice of Delicacies j At Tempting Prices j |H Superior Shark's Fin with Bwu«d Whole A 1 pj Crabmcat and Dried Scallop* Shark's Fin in Claypot Oyster Sauce Rock Sugar m g Usual Price V Usaal Price JHf Usual Price** Usual Price S* p Q Now $16.80 (per
      504 words
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  • THE WORLD
    • Article
      Lock icon Housing starts up 1.3% in June
      395 11 WASHINGTON Despite unexpected rise, demand is likely to slow as buyers' interest wanes Bloomberg Business News STARTS of new US housing rose unexpectedly in June, the latest surprising sign of resilience in the housing market before an expected slowdown. Housing starts advanced 1.3 per
      Bloomberg Business News  -  395 words
    • Article, Illustration
      Goldsmith says Wall St situation 'completely mad'
      367 11  -  LONDON By] Neil Behrmann BILLIONAIRE financier James Goldsmith believes that events in the next fortnight will determine whether Wall Street will consolidate or crash. On the recent gyrations of the Dow, he describes the situation as "completely mad", and says he does not
      367 words
    • Article
      Lock icon UK top in Europe for foreign investment
      258 11 LONDON Record USslB.67b invested in UK firms in Ist half; EPMG Bloomberg Business News FOREIGN investors spent a record U5518.67 billion (Ss26 billion) buying UK companies in the first six months of 1996, making Britain the top place in Europe for outside investment,
      Bloomberg Business News  -  258 words
    • Article
      Lock icon Study urges slashing welfare spending
      230 11 LONDON Reuter THE British government is considering radical proposals to slash welfare expenditure, including huge cuts in education spending and privatising pensions. The Times newspaper said yesterday that some of the ideas drawn up in a finance ministry study document included reducing benefits for teenage
      Reuter  -  230 words
    • WORLD Watch
      • Article
        Lock icon Lebed's ally named defence minister
        77 11 Reuter [MOSCOW] President Boris Yeltsin yesterday named experienced army General Igor Rodionov as Russia's defence minister in a victory for security tsar Alexander Lebed, who had lobbied hard for his appointment. The appointment of General Rodionov, head of the general staffs prestigious academy, ended a
        Reuter  -  77 words
      • Article
        Lock icon Sandi magnate donate* £20m to Oxford
        56 11 AFP [OXFORD] A fabulously wealthy Saudi businessman has donated £20 million (5543.8 million) to Oxford University to found a business school that will compete with leading US and European institutions. The gift from financier and construction magnate, Waflc Said, is the largest personal donation
        AFP  -  56 words
      • Article
        Lock icon Growth in Europe's big four to pick up
        48 11 Reuter [LONDON] Growth in four major European economies France, Italy, Britain and Germany will speed up over the next two years thanks to a pick-up in exports and consumer spending, according to a survey of independent forecasts released yesterday. Renter
        Reuter  -  48 words
    • Article
      Lock icon US business lauds delay of Cuba law
      252 11 NEW YORK Reuter US BUSINESS leaders welcomed President Bill Clinton's decision on Tuesday to delay lawsuits under a US law discouraging investment in Cuba, even though they would have preferred a waiver. The president opted not to waive implementation of the Helms-Burton Act,
      Reuter  -  252 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      258 11 Before handling your pf investments, $3 our fund managers first test the waters. K T n the world of investment, it certainly Today, our disciplined, thorough, and X pays to be sure. And if our Abtrust fund unconventional approach to investment managers have to get their feet wet, they across
      258 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Many support Ramos for new term in power
      782 12  -  THE BOTTOM LIME OPINION By Al Labita The writer is BT's Manila correspondent THE PHILIPPINES presidential election is still two years away, but the campaign seems to have begun. Opposition politicians seen! to want to make the point that they will not
      782 words
    • Article
      IN OTHER WORDS
      117 12 This divorce won't change our coverage of the royal family. Just think of the mileage we can get out of Prince William.' Journalist for glossy US magazine when Charles and Diana were granted a decree nisi. Men soldiers are complaining they only get Nato standard issue underwear
      117 words
    • Article
      Singapore's new role models
      591 12 EDITORIAL PAMILIAR as Singapore's economic problems are, they are serious enough to bear constant repeating. At his talk last week hosted by the Singapore National Employers Federation, Senior Minister Lee Kuan Yew presented yet again the challenges facing the country in their totality. He not only
      591 words
    • Article, Illustration
      Lock icon Wall St oracle points to trouble ahead
      992 12  -  The stock market, with its self-fdlfilliiig prophecies, can be a good soothsayer. And it is in negative mode By, James Glassman James Glassman writes regularly on financial affairs for Washington Post LAT-WP IS THE fun over? The Dow Jones Industrial Average, which tracks
      LAT-WP  -  992 words
    • Article
      Blinkered by megabucks
      293 12  -  MAILBOX Lee Eng Lock I REFER to your July 12 editorial on Bakun Dam. Your editorial question: "What is the Malaysian government supposed to do to meet this demand?" ignores the fact that prevention is better than cure. ♦Do we build more hospitals to treat malaria victims,
      293 words
    • Article
      No briefing schedule
      93 12  -  Tan Mong Seng Director Semba.wa.ng Corporation Singapore I REFER to your article "Sembawang briefing cancelled" in On The Grapevine in Business Times, July 16. We wish to clarify that there was no briefing scheduled for investment analysts by Sembawang Corporation on July 15,1996. Neither would there be
      93 words
    • Article
      WHAT THE OTHERS SAY
      381 12 fcpport lor Justice Adi THE ROW in the Indonesian Supreme Court took a drastic turn last week. Since Minister/State Secretary Moerdiono revealed on July 5 that Chief Justice Soerjono has asked President Suharto to dismiss Justice Adi Andojo Soetjipto, more and more members of the public,
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  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Nothing can buy happiness
      861 13  -  Many psychologists believe happiness is largely determined by genes, not outside reality, reports damsel oolemam DANIEL GOLEMAN NYT WHEN it comes to that the American passion, the pursuit of happiness, the news from science is mixed. The good news is that the sting of life's slings
      NYT  -  861 words
    • Article
      Lock icon Mauritius beckons the dream merchants
      430 13 CINEMA Reuter (PORT LOUIS] Picturesque mountains, white beaches and luxurious exotic vegetation in the tropical Indian Ocean island of Mauritius are beckoning film-makers to "paradise" as weU as earning fresh tourist dollars. The island is seeking fresh impetus for its economic development, which for the
      Reuter  -  430 words
    • Article, Illustration
      Lock icon Agassi wins Washington opener
      438 13 SPORTS Top seed rebounds from Wimbledon loss by beating Dutchman Reuter [WASHINGTON] Top seed Andre Agassi, looking to rebound from his disastrous firstround loss at Wimbledon, won his opening match at the Legg Mason Classic tennis tournament in convincing fashion on Tuesday. Agassi, the defending champion
      Reuter  -  438 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      366 13 This announcement appears as a matter of record only cp PT GADJAH TUNGGAL U*****,000,000 Term Loan Facility Through its wholly-owned subsidiary GTT NETHERLANDS B.V. Lead Arrangers BA Asia Limited Bayerische Vereinsbank AG, Singapore Branch BHF-BANK Aktiengesellschaft, Singapore Branch BZW Asia Commerzbank (South East Asia) Ltd. Credit Suisse, Singapore Branch Deutsche
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      Page 13 Advertisements Column 2
      85 13 Bay via w Inn Hotel 19T7/96, 7.30pm I 20/7/96, 1.30pm Degrees recoqnised bv PSC around the world Job attachments in Singapore and US. Study Loans available Full Reference library of all relevant texts Same syllabus undertaken as on-campus Full Assistance for those constantly travelling Freedom from working around class schedule
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      Page 13 Advertisements Column 3
      134 13 Japanese Food Dessert Promotion 1-31 July At our Japanese food Dessert Promotion, you can help yourself to the wide range of dishes. Enjoy Cha Soba, Tempura, Cha wan Mushi, Sushi and many more plus a wide range of desserts. Adult: $20.00 Child: $13.00 Daily buffet lunch except weekends public holiday!
      134 words
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      Page 14 Advertisements Column 1
      530 14 Its In Our Culture. f It has won us the 1996 Singapore Quality Award. Message fy Congratulations from Congratulations from r Mr Gary L Tooker Mr Fernando Gomez Dr Cham Tun <snn* n' j V tce Chairman of the Board and UWMW 000# Managed General Chief Executive Officer Chairman, SQA
      530 words
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      Page 15 Advertisements Column 1
      682 15 Singapore Business Giving you the winning edge Mji Where to wine, dine and entertain SPECIAL SET MENU' 1 35% off from the u«u«l pric«l For 10 persons with a complimentary J bottle of white wine. I I |HH NOW: O I I i by only ■I u^s32B PALM SPRING: $213++
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      Page 15 Advertisements Column 2
      63 15 nf? M?lji JJVIJ JUij I jg 1 sTTbe Chinese Art of /Ma Healthy Eating" 4/f A wide array of delicious Herbal specialities prepared with the best selected herbs to enrich the body. For reservation, please call *****37. m m m m m 317 Outran Road Singapore *****5 Tel *****88 I
      63 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      765 15 TV&BAPIO Challenges For The B*3o Layar 12. k j, .TSnTiTTSTa^^—^ «a* okm New Generation. 10.00 Hirari (Japanese Drama). f, The Winners. Sl3o Chicago Hope (See Our ILOO My Destiny (Japanese 130 Money, Money. Money. Drama) 2.00 Asian Property Report i&a§ News S Tonight. IXOO TV Innovations. ILN Baywatch Nights. ZOO
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      152 15 URVPI'IC CROSSWORD end repair is necessao' 28 Power-mains at exchange (7) 9 Cornering top mini saloon? v wmtPAVH aOBDWOW 29 Cold? Warming up in fleec- Nothing in it that is tricky ing (8) (14) 30 Amy. for one, is a tramp (5) 15 Well sergeant-nuuor is fit (5) lIIsItIuHwIyKUmMmMoI DOWN
      152 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Bargain hunters zoom in on Indon-linked stocks
      431 17  -  ?IJPP, UM, Van der Horst, Asi&matrix shares rebound by By vVen Sreenivasan [SINGAPORE] The stocks of several Indonesian-controlled companies, which fell to year lows on Tuesday amid a spillover of negative sentiment from the Amcol saga, rebounded strongly on bargain hunting yesterday. United
      Source: Bloomberg  -  431 words
    • Article
      Mixed reaction to call for quantitative SES rule on audit
      481 17  -  By 1 Tan Sei Siong [SINGAPORE] Accountants are dlvidffover (he wisdom of introducing mumerical guidelines to determine which accounting firms initial public offering candidates ought to use to audit their significant overseas businesses. Earlier this month, the Stock Exchange of
      481 words
    • Article
      Re-rating of local banking stocks seems likely
      696 17  -  HOCK LOCK SIEW Shiv Taneja THE Foreign shares of the Big Four local banks are currently trading at around their lowest levels in six months, and at an average of some 20 per cent off their year's highs. But that's not surprising as
      696 words
    • Article, Illustration
      Lock icon Pacific Andes unit counts on new fish species for growth
      542 17  -  By Teh Hooi Ling [SINGAPORE] Mainboard aspirant Pacific Andes (Hold' ings) Ltd, a frozen seafood trading company, is banking its future growth on introducing new fish species to its markets, said executive director Ng Joo Siang. Mr Ng said PAH
      CHRIS LOH  -  542 words
    • REGIONAL COMPANIES
      • Article
        Gopeng to divest 45% stake in Perak-Hanjoong
        233 18  -  From Ruth Wong in Kuala Lumpur MANUFACTURING and construction firm Gopeng Bhd is proposing to sell its entire 45.01 per cent stake in cement maker Perak-Hanjoong Simen Sdn Bhd in a move widely seen as an attempt to list the associate. In a
        233 words
      • Article, Illustration
        Tussle for control of investment firm SPK
        391 18 Amwi Sh>li *nA Mohamed Taliir have made offers for the 10-20% stake held by Aluhillali Ahmad [SINGAPORE] A tussle is developing for control of Syarikat Permodalan Kebangsaan (SPK), a bumiputra investment company. The Business Times in Malaysia reported yesterday that two parties were
        391 words
      • COMPANY Briefs
        • Article
          Datacraft wins Shanxi upgrading deal
          61 18 [SINGAPORE] Malnboard-listed Datacraft Asia has clinched a US$2 million (Ss2.B million) contract to upgrade the existing digital data network (DDN) of Shaanxi province in north west China. Another 1,500 lines and 80 more switching nodes will be added to the DDN during this upgrading exercise.
          61 words
        • Article
          Thailand's CH Karnchang taps US$ 50m
          71 18 [SINGAPORE] Thai construction company CH Karochang Public Co has successfully raised US$5O million (Ss7l million) in its first attempt to tap the Asian currency market. TTie deal, to be sealed today, was arranged solely by Credit Suisse at (me per cent over the Singapore
          71 words
        • Article
          Gleneagles redeems 24m prof shares
          90 18 [SINGAPORE] Parkway Holdings announced yesterday that Gleneagles Medical Centre (GMC) had redeemed 24 million redeemable participating preference shares (RPPS) of $1 each of Its share capital issued to Gleneagles Hospital Ltd (GHL) in 1991. Hie RPPS were redeemed by the issue of 12 million new
          90 words
        • Article
          Guthrie Regency's capital raised to $1m
          39 18 [SINGAPORE] Guthrie GTS has acquired another 908,986 ftilly paid ordinary shares of $1.00 each in the capital of wholly-owned subsidiary Guthrie Regency. Guthrie GTS now holds one million $1.00 shares in Guthrie Regency.
          39 words
      • Article
        Lock icon M'sian car stocks gain momentum
        450 18 Proton's so arcing of more parts at homo gives industry a boost Bloomberg Business News [KUALA LUMPUR] Shares of Malaysia automakers, long seen as ugly ducklings among the country's manufacturers, have suddenly caught investors' attention. "Qualitatively speaking, it's the right track to be on," said
        Bloomberg Business News  -  450 words
      • Article
        Lock icon Cheung Kong spinoff unit fails to shine on debut
        443 19 Analysts blame the poor showing on weak market sentiment and the high issue price Reuter [HONGKONG] Cheung Kong Infrastructure Holdings Ltd (CKI), the much ballyhooed spinoff of property giant Cheung Kong (Holdings) Ltd, had a less-than-dazzling trading debut yesterday. The shares,
        Reuter  -  443 words
      • Article, Illustration
        Lock icon President Enterprises posts 44% profit rise
        272 19 Pre-tax boost comes from increases in investment income Bloomberg Business News [TAIPEI] President Enterprises Corp, Taiwan's largest food processor, yesterday said pre-tax profit in the six months to June climbed 44 per cent from a year earlier on increases in investment income. Pre-tax profit
        Bloomberg Business News; Source: Bloomberg  -  272 words
      • COMPANY Briefs
        • Article
          Lock icon Hang Seng Index's 2 new components
          48 19 AFX-Asia [HONGKONG] HSI Services Limited said it will remove Hongkong Aircraft Engineering Co Ltd and Miramar Hotel &Investment Co Ltd from the Hang Seng constituent index and replace them with First Pacific Co Ltd and Henderson Investment Ltd effective Aug 30. —AFX-Asia
          AFX-Asia  -  48 words
        • Article
          Lock icon Taiwan fund to sell chipmaker's shares
          76 19 Bloomberg Business News [TAIPEI] The Executive Yuan Development Fund, a Taiwan Cabinet development fund, has notified the Securities and Exchange Commission of plans to sell two million shares in Taiwan Semiconductor Manufacturing Co, Taiwan's biggest microchip maker. Under Taiwan rules, the shares must be
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Antomatlo IPO allocation to start
          54 19 AFX-Asia [MANILA] The Philippine Stock Exchange said it will adopt a scheme to automatically allocate initial public offering shares to domestic small investors. Exchange president Wilson Sy said the scheme will be first used in the IPO of retail-based Uniwide Property and Holdings Inc, which
          AFX-Asia  -  54 words
      • Article
        Lock icon Grundig to shut down Penang plant
        99 19 AFP [KUALA LUMPUR] Germany's Grundig AG is to shut down its plant in Malaysia's north-western state of Penang, citing financial losses incurred by the group's worldwide operations. The Star newspaper yesterday quoted officials as saying 600 workers were expected to be hit by the
        AFP  -  99 words
      • Article
        Way paved for ANZ Securities' entry into Indonesia
        218 19  -  From\ Surinder Singh in Sydney ANZ Securities, part of the ANZ banking group, has entered the Indonesian market through a tie-up with a local broker. Managing director of ANZ Securities, Bryan Madden, said his company has signed a technical assistance agreement with
        218 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon SGS-Thomson earnings jump 43%
        145 20 Bloomberg Business News [PARIS] SGS-Thomson Microelectronics NV, Europe's biggest independent semiconductor company, said sales of high-margin products boosted second-quarter earnings a bet-ter-than-expected 43.6 per cent, bucking the trend of declining profits among several US chipmakers. The company's shares, which have plunged almost 20 per cent over
        Bloomberg Business News  -  145 words
      • Article
        Lock icon Intel's Q2 profit tops US$ 1b mark
        373 20 Surprise 18% jump could give stock market much-needed boost: analysts Reuter [SAN FRANCISCO] Computer chip giant Intel Corp said on Tuesday its profit jumped 18 per cent in the second quarter to more than US$l billion (551.41 billion), and some analysts said the
        Reuter  -  373 words
      • Article, Illustration
        Not as good for industry
        475 20  -  ooMMmmunr Projections of 17-20% growth for the PC market this year may be revised to 12-13% By Kenneth James INTEL'S outstanding second-quarter results have given a fillip to sentiment in the volatile technology sector. But just because the computer industry's dominant force remains hugely profitable
        475 words
      • Article
        Lock icon GM beats estimates with 8.4% rise in 2nd-qtr earnings
        422 21 N American sales up but profit also comes from lower tax rate and financial services Bloomberg Business News [DETROIT] General Motors Corp said its second-quarter profit rose a better-than-expec-ted 8.4 per cent, helped by a boost in North American sales and
        Bloomberg Business News  -  422 words
      • Article
        Lock icon Sprint Ameritech profits up on more phone lines
        198 21 Bloomberg Business News [NEW YORK] Two of the nation's largest phone companies posted higher secondquarter earnings as both profited from an increase in phone traffic and demand for more phone lines. Sprint Corp led the way with a 30 per cent increase
        Bloomberg Business News  -  198 words
      • Article, Illustration
        Lock icon Kerkorian buys MGM again
        333 21 Reuter {LOS ANGELES] Kirk Kerkorian, the billionaire investor who bought and sold Metro-Goldwyn-Mayer Inc twice in the last 15 years, returned for a third time on Tuesday, backing a US$l.3 billion (551.84 billion) management-led buyout. In a statement, studio owner Consortium de Realization said it signed
        Reuter; REUTER  -  333 words
      • Article
        Lock icon Merrill Lynch's 2nd-qtr earnings jump 53%
        307 21 Record net income of USs433m surprises analysts NYT [NEW YORK] Despite the wildly fluctuating stock market on Tuesday, Merrill Lynch Co demonstrated how rich Wall Street's boom has been, as the largest US securities firm reported a 53 per cent surge in second-quarter earnings
        NYT  -  307 words
      • Article
        Lock icon Time Warner-TBS merger gets FTC staff nod
        266 21 AFP AFP [NEW YORK] US media giant Time Warner yesterday said it had reached an agreement in principle with the Federal Trade Commission (FTC) staff to allow its merger with Turner Broadcasting Systems. The agreement must now be confirmed by the parties involved
        AFP  -  266 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Credit card business in S'pore still booming
        310 22  -  Card issuers keeping fingers crossed on impending impact of ■AS role restricting spending limits Reports by I Siow Li Sen [SINGAPORE] The credit card market here is still booming, judging by figures released by tiro major players yesterday. Visa International said that credit
        Source: Visa  -  310 words
      • Article
        Visa's China figures spark row
        319 22 [SINGAPORE] Visa International yesterday revealed for the first time its volume of business in China immediately sparking a row with its arch-rival MasterCard International. Visa said that last year, it achieved a volume of US$4.2 billion (555.95 billion), which is 51 per cent of the
        319 words
      • Article
        Asian companies raise US$ 60b in debt in first half
        296 22 65% more than last year's first half: IFR Securities Data [SINGAPORE] Asian entities, including those from Australia, raised nearly US$6O billion (5585.2 billion) in debt in the first half of the year, according to IFR Securities Data. This represented a
        296 words
      • Article
        Lock icon New gas find by KL, Bangkok in joint area
        163 22 Reuter [KUALA LUMPUR] The Ma-laysia-Thailand Joint Authority (MTJA), which was set up to explore oil and gas, on Tuesday said it has made a third gas discovery in the joint development area of the two countries. In a statement, it said
        Reuter  -  163 words
      • Article
        Lock icon Sumitomo refuses UK access to files: report
        202 22 FT Reuter [LONDON] Sumitomo Corporation has refused to give UK investigators access to files detailing the copper trades by Yasuo Hamanaka, the senior trader blamed by the Japanese trading house for losses of US$l.B billion (552.5 billion), said a newspaper report. Denying this,
        FT; Reuter  -  202 words
      • Article
        Lock icon Euroyen, JGBs ease on rate fear
        218 22 SOSEXBeport Reuter [SINGAPORE] Nagging concerns over higher Japanese interest rates weighed on Simex Euroyen and Japanese government bond (JGB) futures despite generous money market operation by the Bank of Japan (BOJ) yesterday. Dealers said players remained unconvinced by the BOJ's injection of 300 billion
        Reuter  -  218 words
      • Article
        Lock icon CURRENCY REPORT
        173 22 Reuter I iwniffn THE dollar was struggling to recover from its dramatic slide on Tuesday, aided by the prospect of central bank intervention and Wall Street's recovery overnight. Dealers said further falls in the dollar markets could spark some intervention given talk that central banks were seen to
        Reuter  -  173 words
      • Article
        Lock icon Oil slips as US petrol market loses drive
        335 22 ENERGY REPORT Reuter [LONDON] Oil prices slipped yesterday as markets began to question the sustainability of the recent surge in the US petrol market. September futures for North Sea Brent crude were down 30 cents at U5519.73 per barrel at 1515 GMT.
        Reuter  -  335 words
      • Article, Illustration
        Untitled
        1393 22 WTBRBAMK CROSS EATE8 //7 AS C$ >■> ECU Ffr Pa HK$ WhN>» Van Wm Ml B)WI» Pm S$ —< Ifr «T$ l*t Hm4 Wf$ TIj 1000 A!2 1916 *2 n m 0J64 km SB 1147 27 J*****89 ll» 1464 0.967 ***** 19.992 0.509 0.799 6 090 °SJ "W L0W "52
        1,393 words
    • Article
      COMMODITY PRICES
      1739 23 8IC0MPDT01M Jul 17 KU88U (Mm* tiotiaq YX*m) ISS1 CONTRACTS c««tiAa) ON* VttaflM Of#* Mont* Mjfc Low Sftt (to—s) tatarwt im% moo iw.oo moo iso m 5*96 190 JO 1540 Oct 96 192.00 189.50 190.00 325 3525 Nw 96 192.00 189.50 190.00 325 3525 OK 96 192.00 189.50 190.00
      1,739 words
    • Article
      WORLD STOCK MARKETS
      2286 23 ■■■MttMMMM ■WIT hM A. A. Corp Adr Ml/4 V2 AB Ports 265 unch AMey National MO -1 ARM Lyons 428 7 Amoc 671/2 -11/2 Argyll 346 Asda Croup H4 -1.440 BAT tad 496 15 BICC 315 4 BOC Group 921 -7 BR Petroleum 592.400 6.400 BTR 239
      2,286 words
    • Article
      Lock icon TOKYO
      1663 23 Reuter Q Nikkei 225 +153 STOCKS ended mixed yesterday, with the key Nikkei Average marginally higher after erasing most of the gains it made in the morning. Turnover was very small as buying was scarce, partly due to foreign investors' sales. The 225-share Nikkei Average ended up 6.53 points
      Reuter  -  1,663 words
    • Article, Illustration
      Lock icon HONGKONG
      1685 24 AFX-Asia Q Hang Seng -18.88 SHARE prices closed slightly lower yesterday with earlier gains wiped out by the market close as investors were pessimistic about the interest rate outlook, dealers said. The Hang Seng Index end- ed down 18.88 points at 10,609.10, close to the low end for the
      AFX-Asia  -  1,685 words
    • Article, Illustration
      Lock icon CHINA
      625 24 Reuter PlShjutthaiß Share Index +LOl SHANGHAI'S B Share Index ended solidly up on improved market sentiment after the central bank said the national economy was improving. The index closed up 1.01 points, or 2 per cent, to 50.2 on volume of 9.5 million shares worth US$3.7 million. Governor of
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  625 words
    • Article
      Lock icon TAIPEI
      350 24 AFP QWP Index +147.23 SHARES finished 2.5 per cent higher yesterday as bargain hunters pursued heavyweight issues. Encouraged by rallies in overseas markets, bargain hunters picked up blue chips, said a dealer. The Weighted Price Index surged 147.23 points to 6,102.73. Turnover was 1.3 billion shares worth NT545.14 billion.
      AFP  -  350 words
    • Article
      Lock icon SYDNEY
      631 24 AFP PAH Primaries -4j5 SHARE prices eased as a late sell-off crushed hopes of a recovery from sharp Wall Streetinspired losses on Tuesday. The All Ordinaries Index fell 4.5 points to 2,096.1, an eight-month low. Turnover was 258.7 million shares worth A 5860.1 million, with 498 risers beating falls
      AFP  -  631 words
    • Article
      Lock icon WELLINGTON
      280 24 AFP 71 Wellington +3J6 SHARES made a lukewarm rebound yesterday from their hammering on Tuesday with volumes still slashed because of Wall Street volatility. The top 40 Share Index ended 3.98 ahead at 2,065.25. —AFP Mti m coop) ANZ Banking 6.80 -0.13 700 Advantoqos Htdgs 1.56 -0.02 ***** Air
      AFP  -  280 words
    • Article, Illustration
      Lock icon JAKARTA
      741 24 AFP *2M STOCKS rose for the first time in three days, led by PT Telkom, as investors bought stocks that have fallen to attractive levels. "Telkom gained because of an external factor, namely the rebound last night on Wall Street," said a dealer. "When there were political concerns and
      AFP  -  741 words
    • Article, Illustration
      Lock icon BANGKOK
      787 24 AFP QSETMn -BJ7 SHARES prices fell in light trading as domestic economic and political concerns and profit-taking overcame early bargain hunting. "The market went down unlike some other regional bourses due to a lack of confidence based on expectations of poor earnings, bad debts affecting banking and real estate,
      AFP  -  787 words
    • Article
      Lock icon MANILA
      329 24 AFP Q Manila -ILH SHARE prices fell due to uncertainty over the direction of Wall Street. The Composite Index lost 11.66 points at 3,187.66. Turnover was 8.29 billion shares worth 2.34 billion pesos. PNB, which announced on Tuesday that it would not meet its target of US$23 million (5532.6
      AFP  -  329 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Tan Chong Motor leads stocks higher
        8008 25 Bloomberg Business News H Composite Index +2.73 STOCKS rose, led by Tan Chong Motor, which surged to a 52-week high amid optimism earnings will be stronger than its stock price indicates. "The stock is grossly undervalued," said a dealer. "It's trading at a price-to-earnings
        Bloomberg Business News  -  8,008 words
    • WARRANTS & OPTIONS
      • Article
        Take your time with TE rights
        3631 26  -  WARRANT WATCH By\ R Sivanithy CONTINUING our theme of looking at nil-paid rights to warrants, we look today at the warrant rights issued by Malaysian telecommunication firm Time Engineering. They are very interesting because they have been very volatile lately. They traded between a
        3,631 words
    • Article
      CLOB INTERNATIONAL
      2439 26 MALAYSIAN STOCKS Gr Or l*M Lm» Vol Day LHIOwtl Dlv 04* YM Nat M Cat H H» Law Stno Company 5<W COOP) High Low Buyar umm 94 CNr H P/T 5mH ~K5 *4 > 5000 AISBSOc 40ft sc H 9 40ft 400 404 400 10 M 04 019
      2,439 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        922 27 TVtttOVU COOO) VALUE COOO) nnfc out TMM mm ON» um fcfclWIll U.VU tM»» ImH" wyfr* *JTT 162,926 nma 4,673 T5» 4*t*o 4,719 w«3* *M* 3JS4 379 MM 8k 507 M 9.170 4,860 4,222 ROM t&MO 9.099 37.949 WM»mw UM 1.433 3.723 3.723 V4« m 437 437 Sfr. siS aim tiiS
        922 words
      • Article
        MAIN BOARD
        4406 27 «r Or M Wt KM Last VM toy LMt Ouete OK Mv VM Net Cap Ave mm l— «m» ci—wy 8a>o cooo> u» 6»y«r cv wi urn phS 5144 ASE NT$10 200 OS- 2M 165 1256 Acer SOc US181 unch 2S7 182 181 161 162 5.0N 7.5 LO
        4,406 words
      • Article
        SESDAQ
        774 27 L«6t V* Ol lot Owta 0»J Otv YM Mat Cm Am ftW ggg POOP) La. Buy* «—ar Cw »/i t3l Prtca SESOAQ 12 IS? fS *t 3 5* 243 226 235 239 U U OJ 144.9 104.5 229 234 »I3 2001 AtMnMrii SOc 12* «l| U l» 1IJ Ql
        774 words
      • Article, Illustration
        HOT STOCK
        66 28  -  Paul Lee JURONG SHIPYARD has lost 60 Der cent of its value since hitting an all time high of $1630. Atjesterdaxs close of $6.65, the stock is in oversold territory ontne Relative Strength Indices. There are also bullish divergences™ both the daily and weekly charts. Hence the shipping
        66 words
      • Article, Illustration
        S'pore shares shine despite Wail Street nervousness
        916 28  -  STOCK MARKET COMMENTARY STU regains key 2,200 level but brokers are sceptical if the surprise gains can be sustained By R Sivanithy [SINGAPORE] The strength seen in the local market on Tuesday proved to be no flash-in-the-pan, with prices moving higher yesterday despite
        916 words
      • ON THE GRAPEVINE
        • Article
          Tan Chong rumour mill in overdrive
          116 28 ON MONDAY, Malaysian car stock Tan Chong Motors was among the most actively traded counters, and posted a decent gain. Then brokers attributed the re-rating to the weakening Japanese yen which meant cheaper imports of car parts. On Tuesday, as Tan Chong continued to
          116 words
        • Article
          Tommy Thompson moves to S'pore
          56 28 TOMMY THOMPSON, formerly the boss of HSBC Asset Management, has moved to Singapore with the fund management arm of Swiss Banking Corp, SBC Brinson. Mr Thompson has 18 years' experience in investment management and research and takes over from Anthony Robinson as partner for Asian
          56 words
        • Article
          Multimedia edge
          90 28 RUPERT MURDOCH sure knows the meaning of product cross-selling. Cinema-goers to the latest Hollywood blockbuster, Independence Day, would have noticed that whenever news clips of the alien menace appears on the screen, they featured not CNN or one of the American TV network stations but Sky Television, the
          90 words
        • Article
          Citibank makes clean sweep
          129 28 Citibank has been named "Best Bank in Asia" in the Euromoney's annual awards for excellence. The US bank won 30 categories, including best bank, best emerging markets bank, best in the Middle East, best in Latin America, and best in foreign exchange. Euromoney, a London-based banking
          129 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      258 17 I The One-Stop China Business Centre I For Modem "Marco Polo" I Beijing Authenticity Singapore Reliability V> H If you have been looking around for bilingual help for your business in Taiwan or H China, your search stops here. Located in the heart of Raffles Place, we provide a full
      258 words
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      Page 18 Advertisements Column 1
      527 18 InHHI J Park I Featherdale Wildlife Park, just 45 minutes from Sydney's CBD, I I has grown to become one of the premier wildlife parks in I I Australia, &r continued strong growth is predicted for the future. I I Featherdale is just 45 minutes from the CBD and is
      527 words
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      Page 19 Advertisements Column 1
      124 19 IS-17 WftilAM STREET H PBFTH WESTERN AUSTRALIA M Modern 16 level office tower I I I with approximately 15,3155qm IK of net lettable area and 86 1 secured basement car bays on fl 2,9905qm of freehold land Y a prime CBD location. Currently 91% leased I B qu°l*y tenants with
      124 words
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      Page 19 Advertisements Column 2
      708 19 BUSINESS NOTICE NOTICE IS HEREBY GIVEN that, I CHEW SANG HUI of Blk 551 Ang Mo Kio Ave 10 #10-2222 Singapore *****1, have applied for a Ist Class Beer House Licence in respect of M/s Chew Lee Cafeteria located at No. 81, Sims Ave Singapore *****1, and that this application
      708 words
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      Page 19 Advertisements Column 3
      302 19 1 IN THE MATTER OF THE COMPANIES ACT. CAP. SO ANO M THE MATTER OF EQUALITY SEAFOOD RESTAURANT PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members ot EQUALITY SEAFOOO RESTAURANT PTE LTD duly convened and held at SO Circular Road, Slngepore 04M0S.
      302 words
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      Page 19 Advertisements Column 4
      463 19 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND IN THE MATTER OF SILENROC CHATERMG A TRADING PTE LTD NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is to be struck-off. are required on or before 17 August 1996 to send the* names and addresses
      463 words
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      Page 20 Advertisements Column 1
      570 20 "OVER J5O CEOs, MPs and GMs ALREADY IN THE PROGRAMME!" The University of Hull England 1927 iSMBA "ONE OF THE MOST ESIABLISHED IN SINGAPORE!" FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Entrepreneurship and Project Management as core modules Completion in 21 months
      570 words
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      Page 20 Advertisements Column 2
      113 20 THE ONE ONLY IN TOWN MONGOLIAN BBQ AT ITS BEST Oysters on Ice Steamed Prawns Aba]one Porridge Smoked Salmon Braised Fresh Prawns Tomato Mushroom Bamboo-Pith in Thick Soup much more Dinner: 24+++ (Adult) S 12+++(Children) Available Every Evening For Reservations, please call *****88 Kublai Khan Top Flight) Mongolian BBQ 9
      113 words
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      292 21 EXECU TIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 Group Chief Executive Local or Expatriate Above $500,000 p.a. MCSIIOB6 Our client, is a long-established public listed company substantially engaged in food distribution and food manufacturing and has activities in Singapore, Malaysia, Thailand and China. It wishes to appoint a Group
      292 words
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      23 21 No other LCD Projector gives you as much versatility as Philips. Notebook Video Recorder Built-in tuner with full teletext functions and speaker i'm.yr
      23 words
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      130 22 1 IF OUR WINES DON'T f END {■tiooHOiiß Pimlßilim&ii I Si sußEur^fr {*w»N WILL* •Jssstt'z j i tke kill kas arrived. v In celebration oi our first yea* we're offering wine 1 vV prices ckeaper tkan moat keen. At $4 a glass and f bo*& a selection of six prime
      130 words
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      62 24 1f ft 1 FOR A FREE COPY OF OUR 200-PAGE CATALOGUE, CONTACT YOUR LOCAL RETAILER OR S.A. DESCO SINGAPORE PTE. LTD. TEL: 337-22-61 FAX: 337-10-98. ♦The South Korean stock market was closed yesterday. For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are
      62 words
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      89 25 A Long Term Investment With Immediate Returns ir kf} SAAB ,;w TR4NS EIAOK4RS PTE LTD 2< I i-ny K«-»- K«>;hl. Siumimhi I 5 5. 11 Up limit i«»si 25 1 hSSX 1.1 if.s 4*2 5~ 4 in llmi 1s: M..11 s.ii s ~< <» j,,,, nimi.l .i in 4|>m It
      89 words
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      115 26 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong Leong Finance
      115 words
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      30 27 iSmsp i^lßßßHßipa43pßttHHHHl^^K •■K IW ;t#YJ^ivaa a sig w<&mhß||bß|M ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL: 235 2536.
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      Page 27 Advertisements Column 2
      126 27 To: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Gendng Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Gl2 months Q 6 months Q 3 months atSs6fcM at 5540.00
      126 words
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      466 28 BUSINESS Notices TO ADVK. RTISI. (All. TO I. I. I KE I ISIIII-741 IX X J ALUANCE TECHNOLOGY AND DEVELOPMENT LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT THE RENOUNCEABLE RIGHTS ISSUE OF 23,580,480 NEW ORDINARY SHARES OF $1.00 EACH IN THE CAPITAL OF ALLIANCE TECHNOLOGY AND DEVELOPMENT LIMITED (THE
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      Page 28 Advertisements Column 2
      547 28 Mr INTER-ROLLER ENGINEERING LIMITED ■f l (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 20 Benoi Crescen', Jurong, Singapore *****3, at 10:00 a.m. on 2 August 1996 for the purpose of
      547 words
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      Page 28 Advertisements Column 3
      81 28 PO HOLIDAY TOURS PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at the Offices of Robert Tan Co. at 87 Club Street. Singapore *****5, on
      81 words
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      Page 28 Advertisements Column 4
      76 28 Singapore Closing Share Prices 17/07/1996 CLOSE PREV LOW HIGH tllll# M uss uss uss uss ww Jardine Matheson 6.85 6.85 6.85 6.85 Strat ,c 3-10 3.06 8.08 3.14 rjflflflyj Dairy Farm 0.825 0.835 0.825 0.835 Hongkong Land 2.22 2.24 2.21 2.24 wwmtmm Mandarin Oriontal 1.40 1.42 1.40 1.40 muma Jardlno
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      Page 28 Advertisements Column 5
      344 28 NOTICE NOTICE IS HEREBY GIVEN that, I KOH GEOK CHEOW of Blk 102 #04-1195 Hougang Ave 1 Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s Mum's Mini Mart located at Blk 102 #01-1187 Hougang Ave 1 Singapore *****2, and that this application will be
      344 words
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      Page 28 Advertisements Column 6
      388 28 11l THE MATTER OF THE COMPANIES ACT, CAR SO AND IN THE MATTER OF WING LEONG HOLDINGS (PRIVATE) LIMITED I, Kuak Kofc Kim, the undersigned, duty authorised representative of KKK Investments Pte Ltd. which is beneficialy entitled to the whole of the issued shares of Wing Leong Holdings (Private) Limited,
      388 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      304 29 Knight-Ridder Reuter JC APESIZE rates languished despite new --business quoted, brokers $aid. The general outlook for most sizes remained Tgloomy except for a steadying Evident for Panamaxes $ble to lift late July-first half August cargoes from Ihe US Gulf. Follow-through short covering was seen on JPiffex. The Baltic
      Knight-Ridder; Reuter  -  304 words
    • Article
      MARITIME STOCKS
      257 29 *v» MO »h m Br OtstrtbwUon 142 *0.01 23" Own Hup Hcimnfl. 1.0* *0.01 75 C«»co knmtmwit L41 *o.04 124 rtls 7 JO *0J0 154 rrMrtUnM 0.73 «HoMto«* 112 *0.09 219 MNSunHie 1.03 undi 102 HNilcM Zotm 0.92 *0.015 92 MtCHaMbtqa HK 5.60 1.18 -0.01 47 JuranaSNpyartf —US
      257 words
    • Article, Illustration
      Lock icon Italian logistics firm forms joint venture in S'pore
      455 29  -  P&corini has 51% and Anns Enterprise L Shipping 49% in Pacorini East Asia Shipping By] Rahita Elias [SINGAPORE] Italian logistics specialist B Pacorini has teamed up with local company Anris Enterprise Shipping to form a 51-49 joint venture firm called Pacorini East
      ARTHUR LEE  -  455 words
    • Article
      Lock icon UK to lift ban on Channel ferry tie-ups
      156 29 Bloomberg Business News [LONDON] The UK government said it will lift restrictions that prevent cross-Chan-nel ferry companies from allying with rivals, signalling an end to a price war in a market weakened by the two-year-old Channel tunnel. The decision is widely seen
      Bloomberg Business News  -  156 words
    • Article, Illustration
      Marina chief has to balance two concerns
      605 29  -  SHIPSHAPE By. Alec Almazan WHEN President Fidel Ramos hand-picked retired admiral Pio H Garrido Jr to head the Maritime Industry Authority (Marina), not a few including Mr Garrido himself were taken by surprise. "My appointment was totally unexpected. I had been enjoying my
      605 words
    • Article
      Lock icon Taipei to create transport zone for China links
      253 29 Knight-Ridder [TAIPEI] Taiwan's Cabinet on Tuesday decided on an interministerial working group to promote the creation of a special transportation zone to handle air and sea links with China in preparation for the resumption of direct transport links, the Chinese-language Commercial Times
      Knight-Ridder  -  253 words
    • Article
      Lock icon European yards warned of crisis ahead
      114 29 Reuter [ROME] The head of Italian shipbuilders association warned on Tuesday that European shipyards faced a fight for survival in the face of fierce competition from countries like South Korea. Corrado Antonini, who is also chairman of booming state shipbuUder Fincantieri, said swift action
      Reuter  -  114 words
    • PORT Shots
      • Article
        SCICI to borrow from ADB, World Bank
        78 29 [LONDON] SCICI, India's main ship financing institution, will increase its ability to lend to the infrastructure sector, including ports, when it finalises loans amounting to US$l.l billion (S| 1.55 billion) from the Asian Development Bank (US$3OO million) and the World Bank (US$BOO million).
        78 words
      • Article
        Privatising stevedoring in Philippines
        56 29 [LONDON] The Philippine Ports Authority (PPA) has committed itself to putting stevedoring operations in 12 ports out to tender by the end of the year. This represents 25 per cent of all government-owned ports and terminals. The agency has released guidelines on private sector investment in
        56 words
      • Article
        China P&I supports low liability limit
        116 29 [LONDON] China Shipowners Mutual Assurance Association (China PAI) supports a catastrophe liability limit of "about US$2 billion (532.8 billion) or US$3 billion", > according to China P&I chief Y G Wang when responding y to questions at a Hongkong Shipowners Association seminar recently. Mr
        116 words
    • Article, Illustration
      Lock icon HK handover bedevils carrier
      967 30  -  CHINA AIRLINES: FLYING INTO TURBULENCE With its key market Hongkong returning to China next year and the opening up of the lucrative Taiwan-HK route to more competition, Taiwan's China Airlines faces an uncertain future ht Alice Hung Reuter Despite its name, China Airlines has never flown
      Reuter  -  967 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      307 30 PAGE Evergreen 6 ACL II Evcfprim 13 ANL 3 '•">«« 1 Able 13 Feedertrans 7 a Accord 12 FL Bright 7 Ahrenkiei 4 FoongSun 12 AppensJup 4 12 Astro 3 W *o«1d 7 Austral II C Link IS Avant 6 Gemartrans 13 BSA
      307 words
    • Article
      SHIPPING GUIDE
      15240 36 EXPORT ETA ETA Advertiser Vnm Voyage Telephone ETA ETA Advertise Vnu* Voyage in*o*or* SIN Dest'n Name Nm Number Number SIN Dest'n Nam. Name Number Number ■MMMaMMMMMMHHMHMRMMMMMMNMMMMMMMMMMMMB 4MMMMMMItNM6tfBMH&MMMMMMNNMMMMMMMMMMMMMMMMMMMNMMI a To BOMBAY (BOM) 2053 India To ABIDJAN (ABJ) 2003 */o? 24/07 orient tip orient mumbai no 45-*****55 ivory Coast. Cote
      15,240 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        2043 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Boohing/Balance Rstls Voy No Etb/Btr Period From To From 299c wzooo u n/noo nntn 17/1900 28 17/1700 18/0459 18/0900 wr 0«1« W0700 U 17/1500 17/1659 17/1900 M 17/1700 18/0659 18/0900 3 18/0700 I8/T159 18/1400 4 W/1200 18/1459 18/1700 8827 20/0300
        2,043 words
      • Article
        CONVENTIONAL WHARVES
        566 43 V"** voy Mo Berth Arrlv* Doporturo fr 22* f»» ■OT/WOO M tumxK *2 m *07/o*» JM MO »mi»i »07/?j0C ««2* jou jm ■■■>■»■ *07/0300 Z L~. "2 07/2300 2S 17 07/*00 h««rantl?01 (002 J* ■l.|ll T7 07/2300 fH" M Mp* 1707/0*00 2TL2Ti 1707/0500 S.M2. ■'■■pm *07/0*00 SLS -2
        566 words
      • Article
        GLOBAL HOLIDAY
        288 43 JULY 12 Nicaragua: Revolution Day JULY 20 Colombia. National Independence. JULY 22 Belgium: Belgian National Day. JULY 23 Egypt Revolution Day. JULY 24 Venezuela Birth of Simon Bolivar. JULY 22 Costa Rica: Guanacaste Day Ecuador. Guayaquil Foundation Day (Guayaquil only). Israel: Ninth of Ab Cut. Tunisia: Republic Day.
        288 words
      • Article
        COCKETT BUNKER MARKET REPORT
        869 43 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
        869 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon BA welcomes resumption of US-UK air talks
        256 44 Reuter [LONDON] British Airways breathed a corporate sigh of relief after confirmation on Tuesday that the US and British governments will resume long-stalled bilateral talks to seek a liberal air service pact. In Washington's eyes, the talks must lead to full "open skies"
        Reuter  -  256 words
      • Article
        Lock icon US proposes to restrict some JAL cargo flights
        428 44 Move to retaliate against Japan's refusal to allow FedEx flights Bloomberg Business News [TOKYO] The US Transportation Department proposed on Tuesday to restrict certain Japan Airlines cargo flights because of the Japanese government's refusal to allow Federal Express Corp to fly cargo
        Bloomberg Business News  -  428 words
      • Article
        Lock icon Japan planning counter measures against US
        185 44 AFP [TOKYO] Japan is working out counter measures against a US move to impose sanctions on cargo flights by Japan Airlines (JAL),said Transport Minister Yoshiyuki Kamei yesterday. "The United States' unilateral measures will never be acceptable, and we cannot but take due measures," said
        AFP  -  185 words
      • Article
        Lock icon Use of Internet expected to transform airline industry
        199 44 Reuter [WASHINGTON] A leading airline analyst said on Tuesday the use of Internet and other electronic systems to sell seats is beginning to transform the industry. Julius Maldutis, a managing director at Salomon Bros, said he sees the development as a major
        Reuter  -  199 words
      • Article
        Lock icon P&W fan hubs to be removed from six planes
        211 44 Bloomberg Business News [WASHINGTON! The Federal Aviation Administration on Tuesday ordered fan hubs removed from six planes with the same Pratt Whitney (P&W) engine model involved in the recent Delta accident that claimed two lives. Takeoff of Delta Flight 1288 was
        Bloomberg Business News  -  211 words
      • Article, Illustration
        Lock icon Military welcome for ANA passengers to Yangon
        63 44 [YANGON] Myanmese high ranking officials lining up to welcome the first group ofpassengers from Japan 'sAll Nippon Airways after the aircraft with more than 200 people landed at Yangon airport on Tuesday. ANA launched its first flight from Osaka to Yangon as part
        REUTER  -  63 words
      • Article
        Lock icon New system to protect airliners from bomb attacks
        241 44 Material similar to body armour used to line cargo hold AFP [LONDON] British research scientists unveiled a system to protect passenger jets against terrorist bomb attacks on Tuesday, in the wake of the Lockerbie bombing which killed 270 passengers in 1988. After
        AFP  -  241 words
      • LOG Book
        • Article
          Lock icon PAL hopes to fly to PUSAN and Seoul
          92 44 AFP [MANILA] Philippine Airlines (PAL) is seeking permission to begin direct flights from the Philippine cities of Manila and Cebu to the South Korean cities of Pusan and Seoul. PAL said in a statement yesterday that the new services would take advantage
          AFP  -  92 words
        • Article
          Lock icon HK harbour tunnel to be ready by Apr '97
          100 44 AFP [HONGKONG] Hongkong's third cross harbour tunnel is scheduled to be completed in early April 1997, a spokesman for the Western Harbour Tunnel Co said yesterday. The HK17.5 billion (SJI.3 billion) tunnel, which connects western Hongkong island with Kowloon peninsula, would
          AFP  -  100 words
        • Article
          Lock icon Renault may buy stake in Indian firm
          91 44 Bloomberg Business News [BOMBAY] French car maker Renault SA is negotiating torbuy a "substantial" stake in Eicher Motors Ltd, an Indian company it is tied up with to make trucks, The Financial Express reported on Tuesday. Eicher wouldn't comment on the size of
          Bloomberg Business News  -  91 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1568 44 CITY FlISHT ETA FU6HT ETO 0F6 1845 S0326 2355 AfcaPfcaH S0441 1510 LH779 2359 AMMt S0230 1830 0F82 2055 Fitookj $0989,1700 S0990 0105 _0W1 1930 1_ (mm 2 SMC ag Amsttrdwi KL843 0455 KL838 2300 tinMi S0803 1905 S0804 1020 W.25 0650 0126 2355 CZ3S3 2045
        1,568 words
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      Page 30 Advertisements Column 1
      605 30 5. s wt Qtf vim sa us» vissa dm jca ua coi sm UtBSMY '#m 14 M tf/* OANNAMMY OH M/ 07 07/07 12/07 11/17 22/07 VSIW #4/17 M/ 07 M/ 07 01/07 M/ 07 nn OS IS/17 14/17 10/07 M/ 07 21/07 Z 9nmm 47W /#7 11/17 ,VW U/l7
      605 words
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      Page 30 Advertisements Column 2
      666 30 Unas A services represented by Members ot ihm Registry at Members «ftw AoawM d Shipping Agents, Singapore FreigN Forwarterq National Shipping Assoc Association. •jour s a%o. i Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 d Jarrod Leong 740-2089 Philip Koh 740-2382 «3 EXPORT 3 x Japan
      666 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1246 31 PACIfK SOUTH WIST EXPRESS (WRECT) 3 vcsa WT m a eta ship iax not wbih 1 cm I wrc lAn I hou woo sia I l uimum oog n/w x/v n/v 00/oo u/oo u/oo u/o> i5/w is/oi m/b> m/oo i*/oo e mrntrm oott W oi/oo i*/oo ~»7or~ 21/00 ~t!7oT 22/00
      1,246 words
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      Page 31 Advertisements Column 2
      1639 31 I HANJIN SHIPPING j |imhai»./wt urn isw I«a i m m iw> i~oi Iwt mm |ru \ml HI oos |>rrc |ow ~fvt uT~ ru m I tk H. SMGArttt Olg U/07 11/17 I M/M 11/ M 11/W 11/W 11/W U/W 12/W 14/W 12/W U/W 14/W 14/W 14/W 10/W IS/00 IS/W
      1,639 words
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      Page 31 Advertisements Column 3
      156 31 I ORIENT EXPRESS LINES (U.K.) LIMITED i IS<l (MANAGER FOR SHREYAS SHIPPING UMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VOT SMWOtt KMMAT VISSa VOT KMMAY jjWWI Orient Mumboi 100 18/07 26/07 Orient Mumboi 100 26/07 11/06 Lornphun Novo 200 28/07 05/06 Lomp*iun Novee 200 05/06 18/06 A'" 300 04/08 12/08 Eliza 300
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      Page 32 Advertisements Column 1
      722 32 ttssa VOT NAM rOAM MT UM STON POUNC SJN HI6 MO IYO SM (OK NAG wwoagMT wtar~W ra/t ~wi~ m 11/7 ~Wi ■«ob»"«ss mu__M M m M nn *7T ~UT Ii7TIW ~57T SHSAMMMT BB| \P 3Q/4 7V7 W1 moisamohti osa»; yi s/7 n/7 77/7 z/i W1 LZZ M M W1
      722 words
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      Page 32 Advertisements Column 2
      1495 32 NORASIA I VESSEL VOY SM OOA LAS BCL VAL ALQ ROT AHT FEL LMA NOB MALTA M2I-1 24*7 MM ISM 11*1 10/ M 2MI IMB IMI IMI tIM wmwel 31*7 it« tis imi km vm turn 23M am aw MM SHANGHAI M3O-3 07M 2SM 2IM 2MB 01« ISM 2MB SMI
      1,495 words
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      Page 32 Advertisements Column 3
      432 32 Direct Container Service-► 0%% to *91/ Fangcheng =j Zhanjiang Vessel S'pore fjMgkM ZNMWk •wf/ UMWO 21/07 26/07 20/07 I /v6/?trans* f Mdti-Pwpott RO/L0 Conitr Accaptiqp RO/RO, Ramp Capacity apta 40 tarn 3 Heavy lift opto 65.5 toas Cmvmtmal/ kmk kk /Cmhmm/Kvbn Cmtmm Thai Flog Statin **hpw» v.?** SARID WPORT SAftH)
      432 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1094 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppol Towers ISingapore 0208 Tel: *****88 Fox: *****17 j*MH IMUNI CONVENTIONAL SIRVICE S«IIAW«K COtmiNW SKVICI VOT MUA I VKSIt VOT ISSnGAFOSTT lUQWC SHAHS HOW VHI7I I H/07 22/07 73/97 OMUMIHI WIIB 22/07 ?4/»7 STMWSSM VHI7! 25/07 W/07 30/07 CUAJU JM RI-77
      1,094 words
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      Page 33 Advertisements Column 2
      1128 33 Ittffn iMVi rw ttmmwlt THI*M Ofc lIWMNM MW ll» Cl HII 4HH4I/144 /OMOttOma y-yy. I CIoMI SNPPHIG FTIITD mm,cat Qmmmmttrnut rnnmitmanwmmm. m. s«-»a <»m« <**r«i»j7ij t «j»s/» w-***»*i»»«—> »a»g>—*»*«*f m*Mtii<iHHr t)f»«MWM»-i hamuli utvssitm/w %cv-tsmn tn=4mrs» fax.mais c 4 aum kFEfmi VTSSa/VOYMX Sfip HM SNA DM QM W m U M
      1,128 words
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      Page 33 Advertisements Column 3
      490 33 WTOWWP -HL-BLJgL M w w BMWWBBiM «L_aL_Jß_ IWB W 30AO 31 AO 01/1 Ml OM Mi 31/07 JMM2IL3EL JISLJUL J&fiL M 7 rva xm 11/1 ova on 07/1 oca MO—l/MW VAO n/V H/V g-M7 M 7 31/P 01/1 M| Ml Ml Ml 1M W/1 11/1 B/U mmm/m has tw vab
      490 words
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      Page 34 Advertisements Column 1
      1293 34 BWffW P—^ EUROPE AJK/SCANDINAVtA/FINLANO/RUSStA SOP ROM ANW HBO TUP LHV IHW THP ROM ANW HBG PKL SOP I S££ n R 2£l. 2*2 GENTLE RE-881 2M 2M 23* 27* 2M 22/7 I SSSnfB£»T 152 Ml 111 £1 \JI l QAflofN RE,M jm m w 20/7 I MCFBBWMI ?n* 22 f£"
      1,293 words
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      Page 34 Advertisements Column 2
      726 34 VISSII VOTAW SCT OW AMI DMN MM KWT Ml I VISSU VOTAGI DM AW MM MM SOP I HS32S, i!H 2£ 2'£ *fi H2S" MM" «/W on; w/o; iw 21/07 I UN COKBT 0413-OZ7W 75/07 04A* 05/01 04/B 07AM 07/00 07/01 |UM CHAT 0410-0311 14/07 IS/07 14/07 17/07 71/07 I
      726 words
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      Page 34 Advertisements Column 3
      681 34 |S) RICHFIELD MARME AQENCtES (5) PTE LTD IV TEL: *****33 (12 UNES) K FAX: *****16/*****03 [m TELEX: R8 ***** RISHIP (3 Una*) CR MO: **********0E m I® ETHIOPIAN SHIPPING IME&. ACCEPTING FCL AND CONVENTIONAL VS=5 I Vo, I Loadtog for And** 44W8 21/07 Atoyot 46W8 28/06 H KIENHUN6LWEI FULLY CONTAINERISED
      681 words
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      Page 35 Advertisements Column 1
      681 35 BSA jlI Ml MYANMA 4flßßk FIVE STAR UNE sT (Myoomor National Um) Loading for Yangoi (Rangoon) VISSU VOY SIN KG KN PGU *f* GUI 132W SU MTOMATWA IMW MPT MALAYSIA AGENTS: lOCS HAD SHIPPING AGCMCIIS ML m 02-03-*****00 PIL HI 02-03-*****01 KM m 02-04-*****02 PGO: TEL 02-07-*****21/4 BANK LINE (A
      681 words
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      Page 35 Advertisements Column 2
      1020 35 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA PKE I PGO VPSn/VOY VOY 51 WM ANT LEH I HAM MHI HI 17/07 19/07 20/07 H.OAMN 301W 22/07 09/04 11/00 13/00 11/00 11/00 13/ M 24/07 24/07 27/07 N.FMNTH 323W 29/07 14/00 14/00 20/04 14/04 14/ M
      1,020 words
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      Page 35 Advertisements Column 3
      437 35 I FAMOUS CONTAINER LINES ills 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) I FOR ENQUERIES BOOKING ftgj CALL OUR HOTLINE AT if ES 1093 atf ZZ4 1033 SIIZANNAH ALVIN P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) j. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS
      437 words
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      Page 37 Advertisements Column 1
      41 37 To retrieve more schedules, just follow these simple steps... 740-6000^^^^^^P the port filter your Step key in the four hone number XM #Jf <digit code Key in your Example: r-JL, fax number To IAMBURG (HAM) 2150 for calls within Singapore OenTifliiy
      41 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      553 39 Tropical lc <- *<* s^vk«> TpnPHNG^S k ot£ M MAERSK MAERSK ASIA NARA 9630 OCTAVO963I _Port Country 22/07 29/07 Mi n City Belize 25/08 01/09 Bridgetown Barbados 28/08 04/09 Cartagena Colombia 27/08 03/09 Castries St Lucia 27/08 03/09 fort de France Martinique 28/08 04/09 J**Port Bahamas 23/08 30/08 Kingston Jamoico
      553 words
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      Page 39 Advertisements Column 2
      1182 39 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cadi Street#l2-00, PlLBuilding, Singaporeo6964o rAW LI TEL: *****21. FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA SsWeffcWesli 10 PAT, 2 larnm to MIT. 2 Sewings Is LCM) 5 THAILAND MWB-fIWS) V«sa VOY HN not UN VBSR VOY SM JKT »J
      1,182 words
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      Page 39 Advertisements Column 3
      821 39 *****007 VESSEL I VOY |SN I OAMETTA If HAVRE HAMBURG THAUgSPORT ROTTFRDAII Awni^S VKJJE OE VELA VIS* ZiKfl OVtM 13MB iZw IMB 17** IMM VLLE DE CAPELLA TlflW 3CKJ7 11/08 20/06 21AM VLLE OE ÜBRA LI6W OM tt« 27« 2M S5 CAUFORMAORKM UI6W 12*06 23/06 OCAM otSw 0M» OM2 SS
      821 words
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      Page 40 Advertisements Column 1
      789 40 I I jmAOk I MAIDEN VOYAGE INTRA BHUM V.3BN ARRIVING SINGAPORE I I ON 22ND JUL 1996 TO SIHANOUKVILLE AND PHNOM PENH I I A /ICCORD SHIPPING PTE LTD j I: MA Main: 225 3556 (40 Lines) Booking: 225 5557 Doc: 225 8887 Import: 323 2464 lr\ ■^11li l <Tli'lfll'Hirtll-l-W^Hllfl7l
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      Page 40 Advertisements Column 2
      163 40 TtJBBk i iher shipping pte ltd \W*\ 10 ANSON ROAD. #17-01 INTERNATIONAL riAZA. SINGAPORE 0207 TEL: *****33(20 LINES) TEIJDC: RS ***** LSSIIIP ft FAX: *****13 A 4 A/MXAf BA.HMtA.IN JEDDAH KUWAIT MM OnJgt 10 The KtiUlr East.*. KTA SIN MIDDLK KAST PORTS 22/07 WW DAMMAM trauT < MIMIK, DOHA, VfM
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      Page 40 Advertisements Column 3
      991 40 11 PUXTON HILL/ SINGAPORE *****S CR **********0N ntAffi tmimi mtvici W«T KLANO PINANO WMi VOT UN PKL VM—■ Ivor I UN PI Z 446N THil 11/07 FIB 19/07 MTA V ***** THU It/07 SAT 30/07 AUCAW> 6031 FM 19/07 SAT 20/07 LUCK 6003 SUN 31/07 TUK 13/07 ~Z y*" l
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      683 41 [1 SINO BXPRESS SHIPPING (PTI) LTD. V MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. I m V TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also occepting container cargo to: V&SEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Bwiiao. Chiwon. ill YU
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      Page 41 Advertisements Column 2
      739 41 IfeAl MN CONTAINER LINES, INC I Agents: MAC-NELS SPORE: *****22 (24 LINES) kuchmq: <002) *****3 J WIIIIWWIIII 8IBU:(084)*****V MAN1LA:(632)*****61 PCNANQ: (04)*****6 BANGKOK: (882)*****67 SURABAYA: (31) *****0 PKELANQ: (03) *****77 JKT: (21) *****07 MDN: (81)*****3 BANPUNQ: (22) *****88 20TH ANNIVERSARY OFFER:SIN/LAEMCHABANG LALAZAR' V9lB ETA SIN 20/7/96 0/FRT US$35/m. CALL HOC W«L«
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      Page 41 Advertisements Column 3
      365 41 I tegri WENDER CONTAINER LINES ATTRACTIVE FCL/LCL RATES TO: Indian Subcontinent Ports: MADRAS BOMBAY CALCUTTA COLOMBO i CHTTTAGONG NHAVASHEVA/ PORT KELANG PENANG MADRAS WW.SHPG FWDG (P) LTD TEL:9I44-*****50 FAX 9144-534 0200 BOMBAY WW AGENCIES PVT LTD TEL 91-22-207 5832 FAX 91-22-207 5831 I PKLANG SIiASA MASYHUR SDN BHD I TEL
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      340 42 Shippingtimes BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 7 40-6 00 0 gj^| nSUre Document Code If you need insurance coverage for your cargo, look no further. NTUC INCOME'S Cargo Insure-Line has just the plan for your importing and exporting business. Just consider our advantages.
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      Page 42 Advertisements Column 2
      299 42 I To advertise in I Business Centre flj 1 request for |j Document Codt j I ***** i Shipping Times Business Centre Advertising that delivers your business (acta through the (ax Are you looking I for a freight forvfcrder 1 wllO is can sffa! ~"fl As for Deace i m
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      109 43 1 S'pore PXatang LoadngFor 1 PETRTOMASEVICH In Pt 22/07 Rdm/AtwAJK/Nan I CANALP 16/07 RdrrVAfwAJK I I OZGUR AKSOY 06/06 12/08 RcfrIVAtWUK/Nsri I Loads E7W. Mstaysla. Indonaaia J I Loading for j OZGE AKSOY (Xibai/A Dhabi/Bahrain/Darnman/Kuwrt I MARIMAR Ojbai/A. Dhabt/Bahrain/Damrnan/Kuwat I PAW FORTUNE Dubai/A Dhatoi/Damman/Jeddah/Aqaba I TERtSICHORE Hoctewdah/ Jedd*\/Aqaba/Pt. Sad I
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      Page 43 Advertisements Column 2
      55 43 J 2*2 4700»FAX: m 2770 Regular lcl/lcl consol Services Special Low Rates U HONG KONG JAPAN PORTS CHINA U S A •JAKARTA (INLAND POINTS) SURABAYA BUSAN (BASE PORTS) all inland points MANILA GUNK EXPRESS PTiLTD W: 532 7011 F«gSJ2 7012 LINK LCL CONSOLIDATION SERVICE YANGON Accepting Door Detvafy/ Proi«ct ttondkna/
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      121 44 II 98 UGINO: R Thunderstorm Temperature c J, Weather -V Wind dvection with speed in knot* VSUsky Wave height Serfoce wind* ore indicated by enwi wfcidt Hy with the wind 0 One fut cirde represents calm or fight and variable wind* 1 One half Heche represent* 5 knots I—•- One
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