The Business Times, 19 September 1996

Microfilm: NL20716
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Ss> SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, SEPTEMBER 19,1996
    13 words
  • Article
    MARKET SUMMARY
    54 1 nsra mm 2UL3I(-6.74) W% BTOOHP U HB6J2 (+1.09) gaunrmo STOCK MAMET INDICES klse ooao>—ZlTiafS 5u5 NIKKEI 211M.7& -1S184 HANG SENG tlfHA -VM SET INDEX 1038 .OS -1132 JAKARTA OOMP SU.70 114 MANILA COUP B4&M -11.13 TJPHWPI MStLtt +IU8 SOUL OOMP 7K.lt +114 OMCBDIAB MCJI -7.48 AU8TALL0RD—1235.10 -19.30 lpaEDT
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  • Article
    FINANCE
    59 1 U8S 81 ZZZijwZZZiw ■t Mil MB Wfe HM7 Lt» Ml- LM. MM BK)— lilt Olffl BAHT MM. MM RUF1AH1M INL Ml! ran im SINGAPORE* 144 KUALA LUMPUR 126 JAKARTA 18.00 ■AMHGOK 1125 ■QMOPMIBTAIPB SYDWET 1 M.7S TOKMO IN saoujk- IIK awcr* H76 raUWURT— 4Ji LOUDON 175 NEW YORK .8.26
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  • Article, Illustration
    Lock icon Transwater submits M$1.1b proposal to rebuild Causeway
    565 1  -  It seeks to build, operate and transfer project over 30-year period Reportsby. R Sivanithy [SINGAPORE] Transwater Corp Bhd, the Malaysian engineering and sewerage plant company whose share price has zoomed from Msls to Mslo7 in a month, announced yesterday it had submitted a
    Source: Bloomberg  -  565 words
  • Article, Illustration
    Lock icon Thai markets subdued by censure debate
    498 1  -  Economy is crash landing says opposition From Loh Hui Yin in Bangkok FINANCIAL markets here were hushed yesterday as the Opposition, on the first day of a no-confidence motion in parliament, slammed Prime Minister Banharn SUpa-archa for his poor management of the economy. "It
    AFP  -  498 words
  • Article, Illustration
    Lock icon KL Second Board's gain crosses 100%
    171 1 [SINGAPORE] The Kuala Lumpur Stock Exchange's Second Board yesterday lived up to its reputation as the best performing market in the world when its index rose 4.45 points to a new all-time high of 599.16, bringing its gain for the year to just over
    ALLAN  -  171 words
  • Article
    M'sia's Hicom is top bidder for former Tekka market site
    403 1  -  Foreign involvement in land tenders a likely new trend: market watchers Byi Abdul Hadhi [SINGAPORE] High-profile Malaysian tycoon Yahaya Ahmad's Hicom group has emerged as the top bidder in a government "white site" tender for the former Tekka Market site
    403 words
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      Page 1 Advertisements Column 1
      123 1 "WIPE I B m n McDonald's has given amy a Mcmassive 300,000 tmrgers in the first week of its Iniy-one-get-one-free' promotion, Pg2 ■ement causeway i* for that matterbe anytime soon. But this is not likely to give punters pause. the worry that foreign tßwelopers will drive up prices as demand
      123 words
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      Page 1 Advertisements Column 2
      91 1 Pull report, Pg 25 w IW V The Mauboussin High Jewellery ladies' watch 18K white gold bracelet with crocodile strap mauboljssin since 1827 Exclusively available at ROY EASTERN WATCH #01-86/88 #01-74 Lucky Plaza *04 Orchard Road Singapore *****3. Tel: (65) 734 3139 (65) 734 1 935 DELUXE EASTERN WATCH #01-18/20
      91 words
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      Page 1 Advertisements Column 3
      8 1 Three URA housing sites for sale, Pg 2
      8 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Three URA housing sites for sale
      399 2  -  Taqjong Rhu and T&nah Merah plots will add about 600 units to private housing stock By. Abdul Hadhi THE Urban Redevelopment Authority (URA) yesterday announced the sale of three residential parcels one in Tanjong Rhu and two in Tanah Merah which should see some
      399 words
    • Article, Illustration
      Lock icon Big appetite for free burgers
      183 2 FAST-FOOD supremo McDonald's has given away a Mcmassive 300,000 burgers in the first week of its "buy one, get one free" promotion. The offer, which ends on Oct 15, was launched in The Sunday Times on Sep 8. A McDonald's spokesman said yesterday that about
      ARTHUR LEE  -  183 words
    • Article
      Under 1% sold ST2 on Tuesday
      276 2  -  Bt/i Genevienve Cua ABOUT 14,700 Singaporeans sold their Singapore Telecom second tranche (ST2) shares on ST2's first trading day on Tuesday, said the Finance Ministry yesterday. This is less than one per cent of the 1.53 million Singaporeans who were allocated ST2 shares. The
      276 words
    • Article, Illustration
      Lock icon GDP growth may slip below 6%
      355 2  -  EYE ON THE ECONOMY GDP By, Anna Teo FOR the first time since end-1992, Fraser Securities' probability indicator shows a high chance of economic growth slipping below 6 per cent in the near future. According to the indicator, Singapore's gross domestic product (GDP) growth
      Source: Press Sector; ALLAN  -  355 words
    • Article
      Withdrawal of CPF share profits from late October
      187 2 BY THE fourth week of October, CPF members can start withdrawing their net realised profits on investments under the basic and enhanced investment schemes for the period Oct 1 1995 to Sep 30 1996. The CPF Board said yesterday that only sales
      187 words
    • Article, Illustration
      Reaping benefits of going regional early
      650 4  -  spotlight on SINGAPORE'S BEST S&lcon now competes with bigwigs; profit jnmp seen next year from its first major overseas venture By] Michelle Low [SINGAPORE] By the late 1980s, Singapore-based utility firm Salcon had already planted itself firmly on the "go regional" bandwagon and getting
      650 words
    • Article, Illustration
      Lock icon S'pore urged to call for global free trade by 2025
      444 4  -  Set target date at WTO meeting, says Bhagwati By' Vikram Khanna SINGAPORE should issue a call for worldwide free trade by 2025 at the ministerial meeting of the World Trade Organisation (WTO) to be held here in December, eminent trade
      CHRIS LOH  -  444 words
    • Article
      NCB okays IT training programmes of five firms
      157 4 [SINGAPORE] The National Computer Board (NCB) yesterday announced that it has endorsed 13 training programmes by five companies participating in its Critical IT Resource Programme, or Citrep. The programmes will aid IT professionals in upgrading their skills in client/server and networking technology.
      157 words
    • NEWS Roundup
      • Article
        EDB in Down Under hiring drive
        43 4 THE Economic Development Board (EDB) is leading a group of 12 companies which left yesterday for Australia and New Zealand for a nine-day recruitment drive. They are seeking systems analysts, architects, surveyors, planners, management trainees and engineers.
        43 words
      • Article
        HDB opens void deck tenders
        28 4 THE Ministry of Community Development is releasing 12 HDB void deck sites through open tender tomorrow and Saturday for use as child-care centres.
        28 words
      • Article
        S'pore, German business chiefs meet
        30 4 THE German-Singapore Business Forum will meet for the third time tomorrow in Munich to look at ways of promoting business ties between Singapore and Germany.
        30 words
      • Article
        New NUS deputy vice-chancellor
        36 4 CHONG Chi Tat has been appointed deputy vice-chancellor of the National University of Singapore with effect last Saturday. He replaces Tan Lee Meng, now special adviser to the vice-chancellor on student matters.
        36 words
      • Article
        Guangdong governor pays visit
        28 4 THE governor of Guangdong, Lu Ruihua, arrives here today for a four-day visit to strengthen economic links. Mr Lu is leading an 11-member delegation.
        28 words
    • Article
      S'pore firm launching project in Sydney
      297 6  -  Li&n Hn&t's apartments part of integrated complex Reportshy Agnes Wee A FAMILY-OWNED Singapore company, the Lian Huat group, is launching its latest residential property project in Sydney, the All 10 million (Ssl2l million) Harbour Garden Towers. The 197-unit luxury apartment project is part of
      297 words
    • Article, Illustration
      The Kho family who follow their lucky stars
      725 6 Family business group emerging as a regional player A GROUP of stars led a Singapore family south to new business ventures. The Kho family have never looked back since buying a hotel, named after the Southern Cross constellation, in Sydney in 1991.
      725 words
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      141 2 THE PRESTIGE OF MELBOURNE INNER-CITY LIVING g NO OTHER NEW APARTMENTS AVAILABLE IN I •X* J... PRESTIGIOUS SPRING STREET. DEMAND FOR I 'TV~~T 3% VT'I j INVESTMENT POURS INTO ST. TOWERS' UNBEATABLE INVESTMENT I MELfebURS'^S MOST EXCITING Imtlll'yi'n LAUNCHED THIS WEEK IN MELBOURNE SELLING FAST! 8893E2Elltii3SS1135PSSti£i8SEE^ ZseSss* s BKggai jij.
      141 words
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      Page 2 Advertisements Column 2
      31 2 No other LCD Projector gives you as much versatility as Philips. Notebook Video Recorder Built-in tuner with full teletext functions and speaker I I pHII'PS ampirsjS Jl. 1# a <4 jti*.
      31 words
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      353 3 ,jp. B LANC PAIN Since 1735 there has never been a quartz Blancpain watch. And there never will be. No one has ever seen a In 1735, Jehan-Jacques quartz Blancpain. No one Blancpain established what ever will. Nor will there ever has today become the oldest be an ordinary, run-of-the-
      353 words
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      Page 4 Advertisements Column 1
      381 4 Invest 111 Asia's FuntiLire Templeton announces two new funds designed to let you participate in Asia's potential future growth. •X Presenting the Presenting the Templeton Investment Funds- Templeton Investment FundsChina Fund. Asian Smaller Companies Fund. The Templeton Investment Funds China The Templeton Investment Funds Asian Fund invests in securities listed
      381 words
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      Page 4 Advertisements Column 2
      4 4 THE Finest Scotch Whisky
      4 words
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  • FOCUS: PROPERTY
    • Article
      House Hunt
      1104 5 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to bdged between Jul *****6to Aug ***** PROJECT tttfct/ PROP CONTRACT TENURE 8ULW KKC PSF SHGTHUt jm wfc U»«W con) ssm m District 15 Ambatgladta Apt *****6 FH 1227 950 774 Ambwgtodw Apt mm FH
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    • Article, Illustration
      Changi Heights sale in phases
      443 5  -  Ban Hin Leong's freehold landed units in Upper Changi Road expected to be well-received By Diana Oon THE upcoming launch of Ban Hin Leong's Changi Heights will be the first freehold mixed landed project to be offered in the Upper Changi Road area this year.
      443 words
    • Article, Illustration
      Goh Cheng Liang to launch Telok Blangah project
      188 5  -  Private company selling 16-nnit project at $750-$ BOO psf By: Diana Oon [SINGAPORE] Harbourside, a small private apartment project will be launched this weekend by its developers, Yenom Holdings. Yenom is a private company owned by the founder of Wuthelam Holdings, Goh
      188 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      100 5 1 START WITH FACT. No Opening Balances required! 1 Wth FACT'S Real-Time capabilities, you may switch to it any time of the year. For the smoothest switch A from old outdated batch processing. rTy T vl H See us COMDEX/Asia—Singapore Booth 6H30 Sep 25-27,1996 V FACT Software International Re Ltd
      100 words
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      Page 5 Advertisements Column 2
      275 5 Prime Freehold Industrial Premises For Sale By Tender No. 30 Shaw Road Location Situated at Shaw Road, off MacPherson Road and Paya Lobar Road. Description A 5-storey light industrial building on a near rectangular site with a 70m frontage to Shaw Road. Legal Description Mukim 24, Lot 40-81. Land Area
      275 words
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      538 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 Michael J Kingston Corporate documents notarised or OFFSHORE authenticated by the Embassy of the CORPORATE SERVICES People's
      538 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Suharto calls for greater self-sufficiency in transport
      312 7 JAKARTA Indon govt invites private companies to help develop sector AFP INDONESIAN President Suharto called yesterday for the country to become increasingly self-sufficient in providing transport including cars, ships and aircraft. "The challenge we are facing in the transportation sector is to encourage
      AFP  -  312 words
    • NOTE Book
      • Article
        Lock icon Indon telecom firms plan 500 m tower
        46 7 AFP [JAKARTA] Two state-owned telecommunication firms, Indosat and Telkom, will participate in building a 500-metre tower in Jakarta, set to become Indonesia's tallest tower. The US$4OO million (***** million) project will become a multimedia centre and a tourist attraction.
        AFP  -  46 words
      • Article
        Lock icon Growth targets will be met: Ramos
        77 7 AFP {MANILA] President Fidel Ramos was confident that the Philippines would meet its economic growth targets this year. "I am very confident that we shall achieve the targets that we set for ourselves in terms of GNP and GDP as well as other Indicators
        AFP  -  77 words
      • Article
        Lock icon Security at Dr M's house to be reviewed
        33 7 AFP [KUALA LUMPUR] Malaysian police will review security at Prime Minister Mahathir Mohamad's official residence after two Intrusions in the past two months. —AFP -4*
        AFP  -  33 words
      • Article
        Lock icon Pressure on Megawati to close new HQ
        54 7 AFP [JAKARTA] The Indonesian authorities stepped up pressure on opposition leader Megawati Sukarnoputri with a threat yesterday to close down her new political headquarters. "We will move in when they (Megawati supporters) use the office to disrupt public order," Indonesia's police chief Lt-Gen
        AFP  -  54 words
    • Article
      Lock icon Telkom invites bids to build satellites
      187 7 ■JAKARTA First D generation satellite is scheduled for launch by late '98 AFP THE state-owned PT Telekomunikasi Indonesia (Telkom) has invited bids from foreign spacecraft manufacturers to build the latest generation of telecommunication satellites, reports said. The company has invited US firms Hughes Space
      AFP  -  187 words
    • Article, Illustration
      Lock icon Meet the new president
      47 7 [NEW YORK] The newly elected President ofthe 51st UN General Assembly. Razali Ismail of Malaysia (left), being congratulated by Secretary-General Boutros Boutros-Ghali (centre) and outgoing president Diego Freitas do Amoral of Portugal on Tuesday at the United Nations headquarters in New York. AFP
      AFP  -  47 words
    • Article
      Lock icon Turning forests into palm oil estates
      185 7 ■JAKARTA AFP INDONESIAN authorities plan to convert two million hectares of natural forest into palm oil plantations, a newspaper report said yesterday. Forestry Minister Jamaludin Suryohadikusumo was quoted by the Bisnis Indonesia daily as saying 650 companies had submitted applications to convert natural forests
      AFP  -  185 words
    • Article
      Lock icon Economists see lower M'sia trade deficit
      171 7 KUALA LUMPUR Reuter MALAYSIA'S 1996 trade deficit forecast has been revised downwards to an average M 14.95 billion (Ss2.B billion) from M 58.55 billion three months ago, according to a Reuter poll of economists yesterday. This compared with a trade gap of M 19.2
      Reuter  -  171 words
    • Article
      Lock icon KL decision on electric tilting train deal soon
      222 7 KUALA LUMPUR Bernama THE government will decide within a month who should be awarded the electric tilting train contract valued at Mil .8 billion (Ssl billion), Transport Minister Ling Liong Sik said yesterday. "We are waiting for the recommendation of KTM Bhd
      Bernama  -  222 words
  • Page 7 Advertisements
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      243 7 Aussie union ban on Indon shipping, Pg T1 t iOU w 1 r /w /fm K mm-M iiVnßmi mm VV ,x# m uSEm m mm. 3 layers of undercoat, 4 layers of black, followed by over 3,000 coats of white. Are Volkswagens too well built for Singapore? After all, cars
      243 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Chinese mulling ways to woo investors to central, west regions
      191 8 BEIJING Reuter CHINA is considering drafting preferential measures to attract foreign investors to the nation's central and western regions, Xinhua news agency said yesterday. "China will consider drafting preferential industrial policies in the hinterland to stimulate foreign investment," Xinhua quoted
      Reuter  -  191 words
    • Article
      Lock icon HK land fund seen hitting HK$270b by '97 handover
      216 8 BEIJING It will help keep HK$ stable after transfer of power to China: La Ping Reuter CHINA'S top policy-maker for Hongkong has said the British territory's land fund would reach HK$27O billion (5549.3 billion) by the transfer of power in 1997,
      Reuter  -  216 words
    • Article, Illustration
      Lock icon Demonstrators stage anti-Japan protests across HK
      351 8 mHONGKONG AFP PROTESTS against Japanese claims to a disputed island chain in the East China Sea broke out across Hongkong yesterday on the 65th anniversary of Japan's invasion of China. A pro-Chinese alliance campaigning against Japan's actions in the Diaoyu-Sen-kaku islands handed in a
      AFP  -  351 words
    • Article
      Lock icon US, Taiwan to discuss bilateral business ties
      182 8 TAIPEI AFP About 500 Taiwanese and US business leaders are expected to attend a conference here in December to discuss bilateral cooperation, officials and media said yesterday. The conference, expected to include a US cabinet member, would also discuss Taiwan's role in the
      AFP  -  182 words
    • Article
      Lock icon State firm losses among top China woes: Li Peng
      346 8 BEIJING Mounting losses seen as a major problem in a year when the economy's doing well overall Reuter THE mounting losses of stateowned enterprises are among the most serious problems troubling China's economy in a year when it is doing quite
      Reuter  -  346 words
    • SINO Briefs
      • Article
        Lock icon Chinese trade minister to visit US
        45 8 Bloomberg Business News [BEIJING] China's Foreign Trade Minister Wu Yi will lead a 30-member delegation to the US starting Sep 24, a ministry official said. An official at the US embassy in Beijing confirmed the visit —Bloomberg Business News
        Bloomberg Business News  -  45 words
      • Article
        Lock icon More HK,Macau visitors for China
        62 8 AFP [BEIJING] The number of visitors to China from Hongkong and Macau rose 10.8 per cent year-on-year in the first half of 1996 as residents of the two colonies prepared for reunification with Beijing, Xinhua reported yesterday. Some 20.6 million trips were made by residents
        AFP  -  62 words
      • Article
        Lock icon Only litres of beer from next year
        63 8 Reuter [BEIJING] Beer drinkers in Beijing will have to drink their tipple in litres from next year when the city government bans the traditional "zha"—or mug—in favour of metric measures. The Beijing Technology Supervision Bureau would forbid restaurants and bars from using the
        Reuter  -  63 words
      • Article
        Lock icon Gold coins to mark HK SAR
        38 8 AFP [HONGKONG] Hongkong is to issue a limited number of commemorative gold coins to mark the establishment of the Hongkong Special Administrative Region under China next year, the government said yesterday. —AFP
        AFP  -  38 words
    • Article, Illustration
      Lock icon Costner and Fergie for launch of China Club?
      248 8 BEIJING AFP KEVIN Costner and Sarah Ferguson are set to attend the launch of David Tang's exclusive China Club in Beijing on Saturday, according to sources. Mr Tang, a Hongkong businessman, will launch his club for wealthy business people in the centre
      AFP  -  248 words
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      181 8 (J Famous for the women's J movement. The human rights 0 movement. And the automatic chronograph movement. Xln 1967, they developed a timing manual winding to keep it ticking relentlessly, mechanism that no sane person ever thought A watch that simply wound itself. I possible. The movement of your wrist,
      181 words
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  • ASIA
    • ASIA Notes
      • Article
        Lock icon US$160m drive to push Made in India
        69 9 AFP [NEW DELHI] A US$l6O million (***** million) project to promote the "Made in India" label abroad is due to be launched here shortly. The Brand Equity Fund is a project backed by the Indian government to help Indian companies gain a foothold
        AFP  -  69 words
      • Article
        Lock icon Media investment notification limit up
        74 9 Bloomberg Business News [CANBERRA] The Australian government said it will lift the notification threshold for portfolio investments by foreign interests in the media sector to 5 per cent. The change is effective immediately. Previously, foreign portfolio investors in the sector needed to notify and gain
        Bloomberg Business News  -  74 words
      • Article
        Lock icon New Japanese party may take No 2 slot
        68 9 AFP [TOKYO] A new political party to be launched this weekend could overtake the opposition New Frontier Party as Japan's second-largest political force, according to a Nihon Kkizai Shimbun poll published yesterday. Proponents of the "Democratic Party" have until now envisaged their
        AFP  -  68 words
    • Article, Illustration
      Lock icon Rao bribe probe: Politician says he'll reveal new details
      290 9 NEW DELHI Former deputy facing bribe charge offers confession AFP AN INDIAN politician has said he is ready to reveal new details over allegations that former prime minister P V Narasimha Rao paid US$lOO,OOO in bribes to save his government three
      AFP  -  290 words
    • Article
      Lock icon Infrastructure bottlenecks threaten Indian reforms: official
      454 9 BOMBAY Growth in power, roads, ports showing signs of slowdown Reuter A SLOWDOWN in infrastructure growth threatens to hold back India's economic expansion plans, a senior Indian official said yesterday. "The lack of infrastructure is catching up with the growing economy," R H Patil,
      Reuter  -  454 words
    • Article
      Lock icon Aussies okay use of electronic prospectuses
      141 9 SYDNEY Reuter THE Australian Securities Commission (ASC) said yesterday it would allow the use of electronic prospectuses from Oct l. The decision was part of a larger trend towards electronic commerce and would help reduce distribution costs, ASC regulatory policy director Shane Tregillis said
      Reuter  -  141 words
    • Article, Illustration
      Lock icon Riding on protests
      58 9 [SYDNEY] Nicole Moio (right) with Blake Avis, seven, on his pony during a protest rally on horseback outside New South Wales parliament in Sydney on Tuesday. The rally attracted about I,ooodemonstrators who were protesting against plans by the government to restrict horses and four-wheel drive vehicles access
      REUTER  -  58 words
    • Article
      Lock icon Japan trade surplus higher than expected
      220 9 TOKYO AFP JAPAN had a higher-than-ex-pected trade surplus in August, with analysts saying the impact of the stronger yen in boosting imports was beginning to fade. The finance ministry said the trade surplus shrank 31 per cent from a year earlier to 369.47 billion
      AFP  -  220 words
    • Article
      Lock icon BOJ seen keeping interest rates low
      390 9 TOKYO Analysts say shaky economy makes low-rate policy necessary Bloomberg Business News WHILE the Japanese government says the economic recovery is on track, the Bank of Japan is likely to maintain interest rates at all-time lows through the first quarter of next year, analysts
      Bloomberg Business News  -  390 words
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      166 9 *JHsliM£i sl» j t J ■■II c ■Tiroffnlin Mm IMB 11 II *11 f]r was subjected to days of rigorous testing. Heuer has brought to the world a number of The Swiss equivalent of a medieval quiet revolutions. torture chamber. In 1916, the first stopwatch with an The automatic survived
      166 words
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  • THE WORLD
    • Article
      Lock icon US July trade deficit up 42.6%
      457 10 WASHINGTON USsll.6Bb figure exceeds analysts' forecasts and triggers heavy selling of dollar Bloomberg Business News THE US trade deficit in goods and services widened 42.6 per cent in July, reflecting soaring imports of more expensive crude oil and falling exports of industrial goods and
      Bloomberg Business News  -  457 words
    • Article
      Lock icon Stalled world growth could revive protectionism: UN
      352 10 GENEVA Low-wage nations challenging emerging Asian economies Reuter UNITED Nations' economists said that world growth had stalled and warned that antiinflationary policies in richer countries could spark popular reaction against open trade and a return to protectionism. The UN's Conference on Trade and
      Reuter  -  352 words
    • Article
      Lock icon Five charged in largest piracy case
      257 10 LOS ANGELES AFP FIVE Chinese and Taiwanese nationals were charged in the world's largest software and trademark infringement case filed on US soil, authorities announced on Tuesday. They were indi<fted on charges of selling 200,000 pirated copies of Microsoft Windows software valued at about
      AFP  -  257 words
    • Article, Illustration
      Lock icon View from a fair
      50 10 [COLOGNE] A man looking through an SLR camera at the stand of a German camera manufacturer the day before the opening of "Photokina"— the world's biggest fairfor imaging. About 1,600 companies worldwide are displaying their latest wares at the fair from yesterday until Sep 23. REUTER
      REUTER  -  50 words
    • Article
      Leeson gave away £450,000 in discount deals: book
      342 10  -  LONDON By Neil Behrmann NICK Leeson, the trader who brought down Barings, subsidised clients with £450,000 (*****,000 at current rates) by offering them wide discounts on deals, claims a new book on the bank's collapse. The book, which was written by Financial
      342 words
    • Article
      Lock icon British Airways unveils plans to cut £1b in costs
      389 11 LONDON s,ooojobstogoinlB months; will hire same number in 3 yrs Reuter AFP BRITISH Airways said yesterday it aimed to slash £1 billion (552.2 billion) from its annual costs bill in what it called a •'Step Change" efficiency drive. BA said it
      Reuter; AFP  -  389 words
    • Article, Illustration
      Lock icon Former US VP Spiro Agnew dies
      490 11 NEW YORK NYT SPIRO T Agnew, who was forced to resign as the 39th vice-president of the United States in 1973 when he pleaded no contest to a charge of in-come-tax evasion, died on Tuesday. He was 77 years old. Mr Agnew, a Greek
      NYT  -  490 words
    • Article
      Lock icon UK voices new doubts about single currency
      173 11 LONDON Reuter BRITAIN voiced new doubts yesterday about the pace of integration in the European Union, saying a single currency could split the bloc and entail massive consequences for the EU's decision-making processes. In a speech prepared for delivery at Zurich University, Foreign
      Reuter  -  173 words
    • Article
      Lock icon Car industry in fast gear: US officials
      151 11 WASHINGTON Reuter US OFFICIALS said on Tuesday that the country's car industry, which was on its back just a decade ago, is now doing "phenomenally" well and that a year-old car trade pact with Japan has been a success. In an upbeat election-year
      Reuter  -  151 words
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      472 10 LAP I The Urban Redevelopment Authority (URA) is releasing three residential land parcels for sale by TENDER. Land Parcels A and B are the first two sites to kick off the government's exciting plans for a? Tanah Merah Green which is Seated within the Bedok Development Guide Plan. Sprawling NL
      472 words
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      267 11 Singapore's one and only duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against rustic beauty. j Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 (Hotel Negara is located behind Orchard Towers) m wow»wißWii)ft SAVE TIME AT THE AIR FRANCE NEW HUB WIN!
      267 words
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  • FOCUS: ASEAN ECONOMIC MINISTERS MEETING
    • Article, Illustration
      Japan turns the screws on aid
      968 12  -  Budget deficits have forced world's largest aid provider to set lowest rise for foreign aid in fiscal 1997 From, Anthony Rowley in Tokyo JAPAN has set the lowest ever celling on Increasing Its foreign aid programme to Asia and elsewhere in fiscal 1997 In
      968 words
  • Page 12 Advertisements
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      158 12 1 T v -jnyiiw^ It s Dominated The Race Track. Now It's Championing Family Safety. F The Peugeot 405. Champion of countless victories in races and rallies And it isn't just a championship winner. The Peugeot 405 has also beams in all doors and an ultra-rigid passenger compartment, make it
      158 words
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      Page 12 Advertisements Column 2
      33 12 STAY HEALTHY WITH PURE, REFRESHING Ocean NATURAL MINERAL WATER 1• n- you can s>C"vtt i OCEAN H NATURAL MINERAL WATER B 1 Or VdH H mrnm Wk I 1 I I m MM
      33 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Best to keep status quo in US government
      727 13  -  THH BOTTOM LIMB OPINION By Leon Hadar The writer is BT's Washington correspondent THE disappearance of the Soviet threat has changed dramatically the nature of presidential elections. During the Cold War, candidates tried to project their skills in managing diplomacy, while portraying
      727 words
    • Article
      IN OTHER WORDS
      155 13 'Child molesters can't stop because they have a compulsion to do what they do. And as long as they have that urge, they'll keep on victimising children unless we do something about it' Pete Wilson signing a controversial law making California thefirst US state to force repeat
      155 words
    • Article
      Faith in Hongkong's future
      557 13 EDITORIAL WITH less than 10 months to go before Hongkong reverts to China, more professionals have been returning to the colony. A survey released last week showed that China's vigorous public relations campaign to calm concerns ahead of July 1997 has begun to pay off. Still,
      557 words
    • Article, Illustration
      Lock icon Rising star of Abri
      1123 13  -  President Suharto's son-in-law promoted again in shake-up of Indonesian armed forces By! S N Vasuki The writer is BT's Jakarta correspondent THE RUMOURS started immediately after the July 27 riots that rocked Jakarta. There was talk of a major reshuffle in Abri, the Indonesian armed forces,
      ALPHONSO CHAN  -  1,123 words
    • Article
      WHAT THE OTHERS SAY
      810 13 Proposition causes panic THERE is something about California's love of the Proposition better known as a referendum to chill the nonCalifornian heart. However bizarre the proposal, it may still pass into law. And given California's position as one of the world's biggest and most innovative economies,
      810 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      62 13 POOMESBPRT By Garry Trudeau BASICALLY, FOUCS, THE i WEV LIKE M BXCH4M&, TMT BILL NATIONAL R\RJCS COM- I APOPT ONE OR MORE FXFKS, I SPECJFf£S THAT Thif (NTE- "LIMITED"? I VC/WR/TINGi I MERCIAUIATION ACT I UNPERUJRTTINO OPERATIONS.. I RtOR SECRETARY WLL 6R4NT SWE6RAPSESKS TO PRIVATIZE YOU LIMITED ABLE fILLSUPPORT FOR
      62 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      A posh job from Porsche
      892 14  -  The Boxster, despite some little flaws, is stunning to look at and puts on a creditable performance, reports Christopher tak CHRISTOPHER TAN WHEN Porsche displayed the concept Boxster back in 1993 in Detroit, the "oohs" and "aahs" were heard right up to the following year.
      892 words
    • Article
      Porsche to stay independent
      247 14 PORSCHE AG, the only independent large-scale sports car maker in the world, intends to stay that way without seeking equity participation from outsiders. "The character of Porsche will change if the company goes under the wing of another company," said a member of the board. The
      247 words
    • Article, Illustration
      Lock icon First wives come out on top finally
      769 16 MOVIES Ex-wives see troth in film about three rich middle-aged men who leave their spouses NYT [NEW YORK] Laura Hunt well remembers the times soon after she divorced Ward Hunt, a scion of the Texas Hunt dynasty. "Friends would call and say: 'I
      NYT; REUTER  -  769 words
    • Article, Illustration
      Lock icon Brazil's turtle hunters now their guardians
      421 16 NATURE Reuter [PRAIA DO FORTE, Brazil] Antonio Mendes, once a fisherman who lived off turtle eggs dug out of the beach at night, is now a "Turtleman," helping to save endangered marine species from extinction. Mendes, 33, is one of about 400 fishermen "Projeto
      Reuter; REUTER  -  421 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      33 14 Let Kyocera r Semlcondurtor package Electro optic components t r♦♦ Electronic components The CERATIP cutting tool CONTAX Solar energy products together c£ Ky DCERa ISiliiliillliiM KYOCERA CORPORATION j INTERNET http7Avww.kyocers.co.jp/ Fsx: Japan (81)75-501-2766
      33 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
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      616 words
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      Page 15 Advertisements Column 2
      110 15 A Prata Party 2 30 September 2996 Each day, we feature a I different variety of I prata. Our innovative 1 toppings include V Peppery Tuna, Shimeiji Shiitake Mushroom, J Silverbait Chinese rjHMPiirilCelery Come to MJHH iaHLiii -a- in. v .dMB Merans rot for Wtm delicious pratas that leave you
      110 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      739 15 TV&RAPIO WgiapWMW X3O HogaiVs Heroes. S3 SSSSr. nggg— LOO PM The Winners 3.00 Billboard US Top 20. 10.30 MsOallah Wanita. 130 Money, Money, Money. 138 Beverly Hillbillies. ILO2 JeUy Bean Jungle. L 2.00 Asian Property Report 5.00 Sell-A-Vision (r). 1130 Puzzle Plaze. tv innnuaiiAno OO See Friday's Schedule. IXOO NN
      739 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      228 15 CRYPTIC CROSSWORD 1 Bounty from north, happily dis- makes free (7) 10 Table displaying dish tipped with 13 Sawyer's mate, fellow opening pub jBCZJtZ--16 Huge chaps, semi-trained outside 18 Time's up, in a way, for catalyst (7) lamp-post, perhaps (4) —L™l— 24 Father confess and make head--28 Bizarre shrub from
      228 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      50 16 I You close your laptop. You push I back your seat and adjust your footrest. A sip of Bordeaux. A taste of Brie. You turn the sound up a notch and close your eyes. I m I f" v Lufthansa pp These are .brutal, aren't they? J wJ X http://www.lufthansa.com
      50 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Pacific Andes launches IPO
      433 17  -  Shares of HE-based seafood distributor Pacific Andes (Holdings) priced at 57 US cents each By' Teh Hooi Ling [SINGAPORE] Frozen seafood distributor Pacific Andes (Holdings) Ltd (PAH) launched its initial public offering of 61.25 million shares priced at 57 US cents (80 S cents) each yesterday.
      CHRIS LOH  -  433 words
    • Article
      Lung Kee Metal gets SES nod for mainboard listing
      185 17 [SINGAPORE] Hongkongbased Lung Kee Metal Holdings has received in-principle listing approval from the Stock Exchange of Singapore, making it the fourth Hongkong company to list in Singapore this year. Lung Kee Metal, which designs and makes mould bases, said yesterday that
      185 words
    • Article
      $18.2m more for acquired FCC land
      239 17 [SINGAPORE] Listed First CapltaiCoMgration (FCC) Jjßirc it has been* a wattteoimrthe r sum of $18.2 million as compensation for its acquired land in Woodlands. Held through 80 per cent owned Fasidon Holdings Pte Ltd, FCC said the total award from the Collector of Land
      239 words
    • Article
      Light at the end of the tunnel for China's listed companies?
      683 17  -  HOCK LOCK SIEW Lu Ning IF predicting stockmarket performances anywhere is tricky, predicting the two Chinese stock markets in Shanghai and Shenzhen is dangerous. The second interest rate reduction late last month by an average of 1.5 percentage points
      683 words
    • Article
      Penang stake sale will hit group profit: Cam
      322 17  -  By, Annette Pau [SINGAPORE] Mainboardlisted Cam International Holdings yesterday said its group profit would drop by a substantial 25 per cent as a result of the sale of a 52.5 per cent stake in its Penang subsidiary Cam Precision Components (Penang) Sdn
      322 words
    • Article
      Pacific Carriers' earnings down 5%
      207 17 [SINGAPORE] Pacific Carriers Ltd (PCL) yesterday reported a 5 per cent drop in net profit to $13.7 million for the six months to June 30,19%." Earnings per share also fell 5 per cent at half-time to 4.56 cents. So far, PCL has outdone market expectations.
      207 words
    • SINGAPORE/MALAYSIAN COMPANIES
      • Article
        Two Sesdaq firms to raise $77m locally
        457 18  -  Debt-cum-warrant issues of $50m for Teck Wah and $27m for First Engineering By» Conrad Raj [SINGAPORE] Sesdaq companies First Engineering and Teck Wah Paper Products are raising $77 million on the local capital markets to fund their expansion plans. Teck Wah is raising
        457 words
      • COMPANY Briefs
        • Article
          MobileLink in China hook-up
          35 18 [SINGAPORE] Singapore Telecom subsidiary Mobile Link has begun GSM roaming services in China with China Telecom. The latter's GSM coverage extends to 20 provinces as well as Beijing, Guangzhou and Tianjin.
          35 words
        • Article
          Goldtron explains forecast
          71 18 {SINGAPORE] Technology firm Goldtron Ltd told the Stock Exchange of Singapore yesterday it will strive to achieve better results in the second half although some segments of the electronics industry may continue to be difficult. It was clarifying an earlier statement by directors that barring unforeseen c
          71 words
        • Article
          Wassall profit tumbles 88%
          34 18 [SINGAPORE] Wassail Asia Pacific said yesterday net profit for the half-year to June 30 fell 88.2 per cent to $106,000 on lower turnover of 14.6 per cent to $17.6 million.
          34 words
        • Article
          Thakral forms fresh Indian deal
          38 18 [SINGAPORE] Thakral Corporation said yesterday that it is forming a fresh joint venture agreement with Parameswara Holding, Windmill International and Newsprint Trading Sales Corporation for their Indian joint venture to replace previous agreements.
          38 words
        • Article
          PSC closes warrants register
          38 18 (SINGAPORE] Provisions Suppliers Corp said the register of holders of unexercised warrants of unsecured bonds due 1998 was closed yesterday for adjustments in the exercise price and also for additional warrants to be issued.
          38 words
        • Article
          Freight Links buys factory for $9.5m
          29 18 [SINGAPORE] Freight Links Express Holdings Ltd said yesterday it has bought a factory for warehousing for $9.5 million from Seng Huat Paper Container.
          29 words
        • Article
          Corrections and clarifications
          61 18 IN an item in this column on Sep 17, we erred in saying that Hongkong Land was awarded two residential sites at Trevose Crescent and Bit\jai View. The Binjai View site was, in fact, awarded to AUgreen Properties/Hoe Seng Co, while the Trevose Crescent land went to
          61 words
      • Article
        Lock icon Tokyo exchange to set up office in Singapore
        94 18 Reuter [TOKYO] The Tokyo Stock Exchange (TSE) will set up an office in Singapore in December this year, at the earliest. A TSE spokesman said yesterday that the exchange will send two employees from Japan and hire one local staff as at
        Reuter  -  94 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Boardroom tussle brewing at KL-listed Seal
        312 19 New shareholders Aik Shing, Richl&ne want to remove chairman and three other directors AFP [KUALA LUMPUR] A boardroom tussle is brewing at a Malaysian-listed ailing timber and property company Seal Incorporated Bhd, which has been saddled with losses due to weak global plywood prices.
        AFP  -  312 words
      • Article, Illustration
        Lock icon Wing Tiek has up to end of month to raise stake in NSC
        353 19  -  Otherwise, extra 20% equity offered will be sold to public From. Al Labita in Manila MALAYSIA'S Wing Tiek Holdings Bhd has only up to the end of this month to make good its promise to buy an
        Source: Bloomberg  -  353 words
      • Article, Illustration
        Lock icon Anti-nuclear protests
        49 19 [TAIWAN] Anti-nuclear activists demonstrating outside the Taipei office of the US-based General Electrics yesterday to protest against the company selling nuclear reactors to Taiwan Power Company for the construction of nuclear power plants here. Some activists wore skull-masks to represent the risk of nuclear power plants. AFP
        AFP  -  49 words
      • Article
        Lock icon M'sia's YTL posts 54% rise in pre-tax profit to M$356m
        237 19 AFP [KUALA LUMPUR] Malaysian independent power producer YTL Corp Bhd said yesterday that group pre-tax profit rose 54 per cent year-on-year to M 5356.075 million (*****.8 million) in the year to June 30. Group turnover rose 57 per ent to
        AFP  -  237 words
      • Article
        Keppel unit buys into IPO hopeful
        171 19  -  From* Al Labita in Manila A KEPPEL group unit has taken a 2.5 per cent stake in the 1.31-billion peso (5570.3 million) private placement of a holding firm that will go public soon, an investment banker said yesterday. Asian Alliance president Roberto Atendido told
        171 words
      • Article, Illustration
        Lock icon Sampoerna profit up 15%, dispelling fears
        364 20  -  Cigarette maker's delay in releasing results sets off tulk of poor performance Frorn\ S N Vasuki in Jakarta INDONESIA'S listed cigarette manufacturer H M Sampoerna yesterday reported a 15.1 per cent jump in first-half net earnings, despite market talk earlier that it would post
        Source: Bloomberg  -  364 words
      • Article
        Lend Lease, Sinar Mas in Indon project
        280 20  -  From Sorinder Singh in Sydney PROPERTY and financial services giant Lend Lease has linked up with Indonesian conglomerate Sinar Mas to build a AS2OO million (*****.5 million) mixed-use project in Jakarta, according to a report in the Australian Financial Review yesterday. The project
        280 words
      • Article
        Asian markets a great buy now: fund manager
        271 20  -  By i Shiv Taneja [SINGAPORE] The Hongkongbased managing director of Prudential Portfolio Managers Asia, Eric Sandlund, believes that overall the Asian stockmarkets are "very cheap" and present a tremendous buying opportunity. PPM Asia is the fund management subsidiary of UKbased financial services
        271 words
      • Article
        Yamaichi Asia taps US$32m for venture fund
        225 20 [SINGAPORE) Yamaichi Asia Venture Capital Pte Ltd (YAVC), a locally registered fund manager, has raised US$32 million (Ss4s million) for a venture capital fund which will invest in unlisted companies in the Asia-Pacific region. The ftind the Taiwan Asia Pacific Venture Fund is
        225 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Alcatel won't sell Thomson's multimedia arm if it wins bid
        385 21 It plans to make Thomson SA Europe's leading defence electronics company Bloomberg Business News [PARIS] Two days after submitting a bid for Thomson SA, a state-owned defence and electronics company, Alcatel Alsthom SA, said its plans include holding on to
        Bloomberg Business News  -  385 words
      • Article, Illustration
        Lock icon Turner to head Time Warner's cable networks
        236 21 Reuter [NEW YORK] Turner Broadcasting System Inc chief Ted Turner will head Time Warner Inc's cable networks, including Home Box Office, once his company merges with the media giant. Turner Broadcasting's chairman and president will be a vice-chairman at Time Warner, he and
        Reuter  -  236 words
      • COMPANY Briefs
        • Article
          Lock icon LG chip plant may not be sited in M'sia
          73 21 Bloomberg Business News [SEOUL] LG Semicon Co of South Korea may build its US|l.3 billion (Ssl.B billion) joint venture chip plant with Hitachi Ltd in China, instead of Malaysia which was its original choice, the Naeway Economic Daily said. LG's talks
          Bloomberg Business News  -  73 words
        • Article
          Lock icon NEC profit expected to fall 9%
          75 21 AFP [TOKYO] Weak chip prices are likely to force Japan's computer giant NEC Corp to report a 9 per cent year-on-year drop in its group net profit in the year ending in March, Nihon Keizai Shimbun said yesterday. NEC's consolidated after-tax profit will come
          AFP  -  75 words
        • Article
          Lock icon US securities watchdog scraps filing fee
          46 21 Bloomberg Business News [WASHINGTON] The Securities and Exchange Commission, responding to requests from House Republicans, on Tuesday eliminated a corporate filing fee, a move that could save companies as much as US$9 million (5512.6 million) a year. Bloomberg Business News
          Bloomberg Business News  -  46 words
      • Article
        Lock icon Did tobacco firms destroy papers?
        310 21 Court filing says Philip Morris may have destroyed potential evidence Bloomberg Business News [ST PAUL, Minnesota] Philip Morris Cos and other tobacco companies may have destroyed potential evidence about the effects of smoking on health, the Minnesota At-torney-General's office charged. In court papers filed on
        Bloomberg Business News  -  310 words
      • Article, Illustration
        Lock icon A long-term bond with employees
        51 21 [GERMANY] Peter Hartz, personnel head of German carmaker Volkswagen, unveils the company'sproposed innovative "Time Bonds "schemefor employees between 55 and 60years of age in Hannover on Tuesday. The bonds will be given to VW employees in exchange for their overtime hours as a long-term compensation.
        AFP  -  51 words
      • Article
        Lock icon FTC accuses Exxon of false ad claims over premium petrol
        274 21 Company says it will contest Federal Trade Commission's snit Reuter [NEW YORK] The Federal Trade Commission (FTC), seeking to warn consumers against paying extra for premium petrol, sued Exxon Corp on Tuesday for making false advertising claims. Exxon is the
        Reuter  -  274 words
      • Article
        Lock icon Samsung to offer Internet TV sets
        236 21 Bloomberg Business News [MENLO PARK, California Diba Inc said Samsung Elec tronics Co will make televi sions using Diba technology tc hook up to the Internet and provide e-mail access. The Internet televisions will first be sold by Samsung in Korea later this year,
        Bloomberg Business News  -  236 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Rupiah surges to six-month high against greenback
        326 22  -  Traders see Bank Indonesia as being in no hurry to depreciate currency By\ Paul Leo [SINGAPORE] The Indonesian rupiah reached a sixmonth high of 2,318.3 against the US dollar yesterday on traders' perceptions that the authorities want a stronger rupiah. The last high
        Source: Bloomberg; ALLAN  -  326 words
      • Article, Illustration
        Lock icon HSBC on the fast track
        64 22 [HONGKONG] Chairman of HSBC William Purves (left) looking on as Jackie Stewart announces the £25 million (Ssss million) sponsorship deal between the Hongkong and Shanghai Banking Corp and Stewart Racing on Tuesday. John Bond, group chief executive ofHSBC, is on the right Jackie Stewarts Formula
        AFP  -  64 words
      • Article
        Lock icon Swiss Bank plans major revamp
        287 22 Move to restore profitability at domestic operations Bloomberg Business News [BASEL] Swiss Bank Corp, Switzerland's third-largest bank, said it will introduce "radical" changes in its domestic corporate structure. The changes, aimed at restoring profitability at the bank's domestic operations, will cause a one-time book loss
        Bloomberg Business News  -  287 words
      • Article
        Lock icon Australia to pull out of tin association
        274 22 It's meant to end mineral export controls minister Bernama Reuter [KUALA LUMPUR] Australia has told Malaysia it is pulling out of the Association of Tin Producing Countries (ATPC) because the group served no useful purpose for Australia's industrial policy. Australian Resources Minister Warwick
        Bernama; Reuter  -  274 words
      • Article
        Lock icon Management changes at Citicorp
        214 22 Bloomberg Business News [NEW YORK] Citicorp said vice-chairman Pei-yuan Chia, who helped engineer Citibank expansion into dozens of countries over his 22-year career, retired at the end of August. Mr Chia, 57, who headed Citicorp's retail banking business, announced his retirement in January as part of
        Bloomberg Business News  -  214 words
      • Article
        Lock icon KL banks to trade in gold
        100 22 AFX-Asia [KUALA LUMPUR] The finance ministry is working closely with the World Gold Council to develop a gold trading investment centre here. The Sun yesterday quoted Deputy Finance Minister Wong See Wah as saying that four local banks, namely Malayan Banking Bhd, Public Bank
        AFX-Asia  -  100 words
      • SMALL Change
        • Article
          Lock icon AIG to launch US$2b infrastructure fund
          40 22 AFX-Asia {HONGKONG! AIG Investment Corp (Asia) plans to launch a US$2 billion (SS2.B billion) fluid to invest in infrastructure in the region, the South China Morning Post reported quoting a company official. AFX Asia
          AFX-Asia  -  40 words
        • Article
          Lock icon World's largest bank in New Zealand
          44 22 Reuter [WELLINGTON] Bank of Tokyo-Mitsubishi, the world's largest bank, has registered in New Zealand as a bank mainly to expand its corporate business, a spokesman said yesterday. It was registered via its subsidiary Bank of Tokyo-Mitsubishi (Australia). —Reuter
          Reuter  -  44 words
        • Article
          Lock icon British pension giant bets on stocks crash
          85 22 euter [LONDON] A leading British pension management group is so sure stock markets are about to crash that it has built up a huge cash mountain despite criticism from clients, the Guardian said yesterday. It said PDFM Ltd, which controls funds worth £50
          euter  -  85 words
      • Article
        Abtrust Fund to launch unit trust
        264 22 [SINGAPORE) Scottish investment manager Abtrust Fund Managers is launching its first locally-authorised unit trust on Monday, a low-risk openended fund that will buy Singapore equities. Called the Abtrust Singapore Growth Fund (ASGF), it will be priced at $1 per unit during the offer period
        264 words
      • Article
        Lock icon Bumper harvest expected but food shortage debate rages on
        229 22 Reuter (PARIS] Grain farmers are gearing up for competition to sell from a bumper harvest only months after experts warned of dire shortages but pundits are split over whether the world still faces a longerterm food crisis. Grain prices have dived
        Reuter  -  229 words
      • Article
        Lock icon CURRENCY REPORT
        175 22 Reuter AFP liAHlttMl THE dollar was stuck in tiny ranges in lacklustre trade, with the market awaiting further clues as to what will be the outcome of the Sep 24 Federal Reserve Board meeting, dealers said. "The dollar can be expected to remain underpinned by fears of a
        Reuter; AFP  -  175 words
      • Article
        Lock icon Oil prices expected to stay firm for rest of year
        326 22 ENERGY REPORT Reuter (LONDON] Oil prices are poised to stay firm for the rest of the year even if the military confrontation between Iraq and the United States is defused, thanks to bullish sup-ply-demand fundamentals, traders said yesterday. Lingering concerns
        Reuter  -  326 words
      • Article, Illustration
        Untitled
        1465 22 1MTBEBAWL CROSS EATBS Sep 18 AS CS Iwfc ECU Ffr li HM MtahpMi Von WW MS ICSfrtfc Hw 1$ la* Sir MT$ Wit P—tf Australia 1.082 6.171 0.630 4062 L195 6.103 ***** *299 0.170 (J* 1973 IBS***** 20.706 Utt 1543 0.913 *****20.042 0.507 1789 Canada 1924 1072 1582 3.754 LI04
        1,465 words
    • Article
      COMMODITY1 PRICES
      1601 23 COMMODITY 1 PRICES Ctou (Mat Own HIS* tow Sott (ton—s) Intwtst Nov 96 W3 0 W2 50 183.00 300 1025 Doc 96 184.50 2100 J«l/yL 97 186.00 2850 Adc/ZIOT 190.00 7725 jffsSi N0.50 3750 190.50 3C0*TtAC7(UScwhAfl) Vofctmo Opofl Hj* law Sott (towns) lotofost 128.50 127.75 128.00 525 1745 2; 2
      1,601 words
    • Article
      WORLD STOCK MARKETS
      2315 23 LONDON Sow Nia *h A. A. Corp Adr 561/4 AB Ports 294 -1 Abbey National 619 *1 AIM Lyons 465 -6.400 Amec 106.400 *1.400 Argyll 346 Asda Group -103 -i BAT tad 458 -3 8ICC 315 -5 80C Croup 859 5 BR Petroleum 644 -3 8TR 278
      2,315 words
    • Article
      Lock icon TOKYO
      1621 23 Reuter P Nikkei 225 -15X84 STOCKS were dealt a setback yesterday as prof-it-talking emerged to send the key Nikkei average down after big gains over the last two trading days. But brokers said that the index is likely to be supported at around 21,000 where investors' buying is said
      Reuter  -  1,621 words
    • Article, Illustration
      Lock icon HONGKONG
      1675 24 Reuter Q Hang Seng -27.58 THE Hang Seng Index closed modestly easier yesterday, off lows but just below its important resistance level of 11,600, as profit-takers and bulls struggled to dictate the market's direction, brokers said. "All eyes are watching the Dow and interest rate decisions in the US,"
      Reuter  -  1,675 words
    • Article, Illustration
      Lock icon CHINA
      649 24 Reuter P Shanghai B Share Index -0.67 SHANGHAI B shares closed down yesterday and breached a key 50point support level on selling of Pudong shares. Further falls are seen likely in the short term on poor market sentiment. The index tumbled 0.67 point to 49.39 on volume of 14.9
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  649 words
    • Article
      Lock icon TAIPEI
      388 24 AFP PWPlnd«» *2(156 SHARE prices firmed yesterday as investors picked up textile and electrical issues. "Textile and electrical shares, bolstered by promising business outlooks, emerged as investors' favourites," said a trader. The TSE Weighted Price Index advanced 20.58 points to 6,499.02. Turnover was 1.42 billion shares worth NTJ45.13 billion.
      AFP  -  388 words
    • Article
      Lock icon WELLINGTON
      284 24 Reuter Q Wellington -3J6 STOCKS were mixed as Telecom fell amid a toll call price war and Sky City gained on hope it may be promoted to the Top-10 Index. The NZSE Top 40-share Index fell 3.95 points to 2,234.95. Reuter m *b rmm ANZBonkinq 7.80 -O.K) 1654 A0v«nt
      Reuter  -  284 words
    • Article, Illustration
      Lock icon BANGKOK
      815 24 AFP P SET Into ,123 a SHARE prices fell yesterday amid concerns that Prime Minister Banharn Silpa-ar-cha's government might survive a no-confidence debate. The SET Index lost 12.32 points to 1,038.03. Turnover was 4.5 million shares worth 2.71 billion baht. Falls beat riser 226 to 76. Profit-taking drove the
      AFP  -  815 words
    • Article
      Lock icon SEOUL
      431 24 AFP rlComposite Index *&34 SHARE prices closed barely higher yesterday, with profittaking on earlier gains coming in towards the end of session. The Composite Index closed up 0.34 point at 782.10. Turnover was 28.9 million shares worth 555.7 billion won. Risers beat falls 446 to 394 with 144 unchanged.
      AFP  -  431 words
    • Article
      Lock icon SYDNEY
      619 24 AFP PAA Primaries -113 SHARE prices fell yesterday as leading resource stocks, already marked down during the week, took another bruising and dragged the entire market down with them. The All Ordinaries Index closed 19.3 points lower at 2,235.1. Turnover was 291.3 million shares worth A 5727.5 million. BHP
      AFP  -  619 words
    • Article, Illustration
      Lock icon JAKARTA
      753 24 AFP Q Composite Index -124 SHARE prices closed lower yesterday in quiet trading marked by profit-taking. "The momentum seems to be pushing the market down but the downside is limited," said a trader. The Composite Index lost 2.24 points at 559.70. Turnover was 95.1 million shares worth 234.7 billion
      AFP  -  753 words
    • Article
      Lock icon MANILA
      350 24 AFP CI Manila -ILI3 SHARE prices closed lower yesterday as investors opted to take profit after a two-day rally. The PSE Composite Index fell 11.13 points to 3,248.59. Turnover was 17.8 billion shares worth 2.4 billion pesos. Petron Corp fell 25 centavos to 10 while the PLDT eased 20
      AFP  -  350 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks fall on US rate concerns
        8284 25 Bloomberg Business News n Composite Index -6J4 STOCKS declined yesterday, as the possibility of higher US interest rates sparked fears that the flow of funds into Asian markets will dwindle. "There's a fear that the Federal Reserve will raise interest rates when it holds
        Bloomberg Business News  -  8,284 words
    • WARRANTS&OPTIONS
      • Article
        Tenggara Capital wrts only for risk-takers – even at a discount
        3897 26  - Tenggara Capital wrts only for risk-takers even at a discount WARRANT WATCH By R Sivanithy A WARRANT which together with its shares hit the 30 per cent limit-up rule on the Kuala Lumpur Stock Exchange yesterday was that issued by Second Board firm Tenggara Capital. Given that this segment seems
        3,897 words
    • Article
      CLOB INTERNATIONAL
      2417 26 STOCKS Gr Ct LMt Vol Day LaatOuota CXv Wv YM Nat M Cap i 1— »tna Campany if COOP) High L— Pur»r Saiar Cw P/t J: *625 360 ms 5000 AIS850C 410 -10 9 416 410 402 420 5.0 4.9 OJ 85.4 4205 L 11 64 mi 5001
      2,417 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1087 27 TURNOVER (-000) VALUE COOO) Mm cut txi mm cn» rxi MMtrlM ***** 5,860 47.363 169,166 19.093 188.259 rkunc* 6,910 4.188 11,098 91.041 17,956 108.997 NoUtt 3.402 705 4.107 7.539 1.399 8,937 Proo*rtMl 9,700 9,148 18.848 ***** 14.863 ***** 1,678 '1.678 4,046 4,046 MM* 384 384 1.048 1.048 8L* 3.669 7.474
        1,087 words
      • Article
        MAIN BOARD
        4641 27 or Of mm 1996 Last Vol Day Last Ouott M« Dlv VM M Cap Avg hm» t— mn ct m roooi Mfk u» innr cw W Www WOUSTtfALS 5146 ASC NTSlO 200 US- 214 165 12S8 Acer SOc. US172 -5 16 175 172 175 177 5.0N 7.5 1.0
        4,641 words
      • Article
        SESDAQ
        895 27 WM Last Vol Day LaM Quoit M* Dtv VM Not Ca» HH» Law 6tWo lata COOOl >■» La» »n» »o8ar CV Pft pH I Prtaa SESOAQ 289 135 a 2000 ABRHMasSc 165 -I 38 166 164 165 167 XO 144 0.1 103.1 7X4 166 90 66 a 2049 AS
        895 words
      • Article, Illustration
        HOT STOCK
        60 28  -  *1 Paul Leo RASHID HUSSAIN rose five cents to $6.00 with 2.06 million units done more than four times the lOday average of 499,700 shares. Investors should look to take profit soon. Relative Strength Indices are in highly overbought territory and Average Directional Movement Index is showing that
        60 words
      • Article, Illustration
        Rally stalls as US long bond yield rises above 7%
        930 28  -  STOCK MARKET COMMENTARY EL shares are also quiet, although its Second Board closed at another record high and is now 100% np for the year to date By R Sivanithy [SINGAPORE] A rise in the US long bond yield past
        930 words
      • ON THE GRAPEVINE
        • Article
          A Centennial in the Millenia
          114 28 PONTIAC Land may be expecting the Ritz Carlton to last for thousands of years when it named it the Ritz Carlton Millenia, but it appears to have a different time-ft-ame for its other hotel, the Conrad International Centennial located in the same Millenia Mall complex
          114 words
        • Article
          Robinson rolls out the carpet?
          101 28 RETAILER Robinson Co Ltd has always been one of those listed companies which don't score highly on press or investor relations. It seldom meets journalists and analysts and its annual reports are not shining examples of great revelation. Is the group trying to change its
          101 words
        • Article
          Want Want at the world's rooftop
          133 28 NO WONDER Taiwanese snack-maker Want Want Holdings is doing well. Its biscuits appear to be distributed far and wide, and even as high up as Tibet, the rooftop of the world. One of our intrepid reporters found Want Want biscuits everywhere in that country
          133 words
        • Article
          Online forgery detector
          117 28 LOOKS like you might soon be able to put your signature on something that goes through the Internet. And what's more, it might be safer than signing a document off-line. A Japanese software company called Cadix Inc is launching a programme called Cyber-sign, billed as "the first
          117 words
        • Article
          Brief respite for Bangkok car owners
          86 28 TRAFFIC in downtown Bangkok these days can, surprisingly, be a breeze despite the onset of the rainy season and floods. Long-suffering commuters have noticed that major roads leading to big stockbroking Arms are relatively traffic free while tenants can easily get car park lots
          86 words
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      27 17 rCONFEKBWKLINKf 1 cs Hfc -fg£ 1 SPMKIMOM M nnnsnimmi Years' arran product to enhance 2 communication in a r conference. Equipped BWith the Acoustic Echo |r cellation
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      135 18 r/^e(2vove SERVICE Dl^/APARTMENTS SERVICED APARTMENTS THAT SPEIL PARADISE Located at 32 Orange Grove Road, near 535 II •Ito 3 bedroom apartments available Frilly furnished with split unit gym facilities 6 7 C,TY DEVELOPMENTS LIMITED I >jB) I Robinson Road #20-01 Minimum 1-month lease Hgj V<7 Internet: http://www.cdl.com.sg S Q. CD
      135 words
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      112 19 The UPS V B- Up fo 25kg. f The I/PS Value Box. Hj| With the UPS offer you both value and convenience. A fixed rate for express deliveries of up to 25kg. Just put your goods in the UPS Value Box, call us ®88l at 1 then leave it to
      112 words
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      Page 19 Advertisements Column 2
      132 19 CORPORATE DATABASE ON MCOMPANES Capitaline Ol£ is a corporate database of ASEAN companies, giving far each: 1 Directors, Top shareholders, Registered Office Address, 5-year P&L Accounts 1 and Balance Sheets, Directors' Reports, Notes to Accounts, etc. As m*iy as 1 i 350 finance fields per company. Extensive user-defined Query, Aggregation
      132 words
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      1277 20 B 1 GOLDTRON LIMITED I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting will be held at 53 Übi Road 1, I Singapore *****8 on 11 October 1996 at 11.00 a.m. for the purpose of considering,
      1,277 words
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      Page 20 Advertisements Column 2
      701 20 I pct 1 PACIFIC CARRIERS LIMITED I ■jj (Incorporated in the Republic of Singapore) jo| B The Directors of Pacific Carriers Limited wish to report as follows to shareholders:- I B UNAUDITED RESULTS FOR THE HALF YEAR ENDED 3QTH JUNE IQQfi I The Group The Company S 1996 1995 1996
      701 words
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      89 21 SUFFOLKROAD^ J Exclusive residential neighbourhood Freehold site DGP plot ratio of 2.8, Up to 30 storeys Combined land area: 17,482 sq ft (Approx) Imam. nJ»\ j*™. Excellent accessibility /sS? V g '1 I lllM r Tender Cloa««: 22 Oct '96 (T ueaday) tt 4:00 pm 19 J J #«!I^N For
      89 words
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      Page 21 Advertisements Column 2
      152 21 tSavoux out adiinuitla a/u f />/ 1 g;4loonanf#i fI^^HBSHjHHJpP^ £y <oMUfes/lW** <3C*/» Iq AAO/ Early Bird BbSmMMWi £u /0 for orders on 4 20/9/96 IMI Bit Si 560 760 Ultraportable Powerful 365X/XD 365E/ED Valuable Affordable HfflffllHll iThinkl Because everyone thinks a No matter who you are or where you are,
      152 words
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      114 24 til limit ft i k Why wear readymade shirts made for the average body? At CYC, every shin is skilfully crafted for your body giving you just the right uH|^3Rf 4 fit. And you have our word on it each CYC shirt comes with a guarantee. You can choose from
      114 words
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      197 25 i X Here's An Opportunity To Enhance Your Corporate Presence For enquiries or ad bookings, contact: I I I I To ,aunch the Singapore Regional Index, a Special Feature will be published with The Straits William Tan 740 1628 II 111 Times, The Business Times and LianheZaobao on 16 October
      197 words
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      147 26 m\ Start my •CAM j THEBUSINESSTIMES 5265.20 (11 months for local) I (This rtfe exckides dekery charges, if appkabk, wfiich wi be coßected by newsvendor month//). The 1 BusinessTlmes s Address: 1 Date Pastor. Sharper. Diaper Telephone No (H): (O): A bold new look and a fresh approach to the
      147 words
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      237 27 j To SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting 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 C_] 12 months 6 months Q 3 months at 5560.00
      237 words
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      730 28 BUSINESS Notices m vn\ 1-:K I ISI < Ml 101 1.-l Ul I 1S«NI-74I ISS3 IN THE MATTER OF THE COMPANIES ACT, CAP 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF WINSHIN HOLDINGS PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above
      730 words
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      Page 28 Advertisements Column 2
      286 28 IN THE MATTER Of THE COMPANIES ACT. (CHAPTER 50) AND IN THE MATTER Of FOUR PILLARS INTERNATIONAL CORPORATION PTE LTD At tha Extraordinary Ganaral Maating of FOUR PILLARS INTERNATIONAL CORPORATION PTE LTD duly convened and haW at 1 Gotdhdl Plaza *03-39 Podium Block, Singapore *****9, on 14 September 1996, the
      286 words
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      Page 28 Advertisements Column 3
      103 28 IN THE MATTER Of THE COMPANIES ACT, (CHAPTER 90) AND M THE MATTER Of SHALOTI INVESTMENTS PTE LTD At th« Extraordinary GaneraJ Maating oI SHALOTI INVESTMENTS PTE LTD duly convanad and hatd at 53 Jalan Sultan Ismail. ***** Kuala Lumpur on 14 Saptambar 1996, tha Spaclal Resolutions tat out batow
      103 words
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      Page 28 Advertisements Column 4
      126 28 TRANSCENDENT TECHNOLOGY PTE LTD (In Memben Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 306(2) of the Companies act. Cap. 50 that the Final Meeting of Members of the above named Company will be held at 60 Albert Street. #07-10 Albert Complex. Singapore *****9 on
      126 words
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      Page 28 Advertisements Column 5
      77 28 Home Decor For people who love their homes Enhance corporate Jmggp 1 Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to
      77 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      315 29 Knight-Ridder Reuter FREIGHT rates dropped again on the key grain route from the US Gulf to Japan with another 20 US cents shaved off the last done rate, shipping sources said. There seems to be little doubt that rates will fall again and many expect the Baltic Freight
      Knight-Ridder; Reuter  -  315 words
    • Article
      MARITIME STOCKS
      279 29 SO '000 tmu n *t- CWTDMrtbution 1.13 -0.020 220 ChuanMup 0.99 -0.005 129 Cotco mvMtmant 1-31 unch 3 rOi 7.00 -0.10 377 rrataMLMn 0.70 unctl 4 G6HolMn+» 0.943 -0.003 r7 Sun Hup 1.00 uncti 222 HtUcttZotan 0.853 -O.OOS 24 IMC HoMnqs HK 5.60 Java HoMlnaa 1.07 unch 31
      279 words
    • Article
      Martech 96 opens today
      207 29 Keynote address on safer shipping and cleaner seas [SINGAPORE] Singapore plays host to an international conference and exhibition on maritime safety and environmental protection from today. The two-day event, called Martech 96, will be opened by Minister of State for Communications and Trade Industry Goh Chee
      207 words
    • Article
      Continued orders raise question of saturation
      674 29  -  NEWBUILDS By: David Hughes THE past fortnight has seen some substantial orders placed. The show stealer must be P&O's confirmation that it will take up its options for two 6,674-TEU (20-ft equivalent unit) box ships and place options for a further two. The news
      674 words
    • Article, Illustration
      Demand for FPSOs will increase, Statoil forecasts
      391 29  -  Newbuilds may become more popular than conversions, says Norwegian firm By' Yong Mei Fong [SINGAPORE] Demand for floating production, storage and offloading (FPSO) tankers will be on the rise, and newbuildings may become more popular than converted tankers. This is the projection of
      391 words
    • Article
      Lock icon Shipping talks likely to be cancelled: Taiwan
      137 29 Bloomberg Business News [TAIPEI] Talks between Chinese and Taiwan shipping industry representatives planned for next month in Hongkong probably won't be held, Taiwan Transportation Minister Tsay Jaw- yang said, according to a report in the Economic Daily News yesterday. Industry executives were to
      Bloomberg Business News  -  137 words
    • Article
      NMA gets ISO 9002 certificate
      50 29 [SINGAPORE] Singapore's National Maritime Academy has received the ISO 9002 certificate for maritime education and training from Lon-don-based ABS Quality Evaluation Limited. NMA, which comes under the purview of the Maritime and Port Authority of Singapore's training division, conducts courses for local and foreign seafarers.
      50 words
    • Article
      S'pore shows IT's the way to container port efficiency
      302 29  -  ASIA PORTS 96 CONFERENCE Key is applying right level of information technology, delegates told From David Taylor in Hongkong THE key to ensuring container port efficiency will be the application of an appropriate level of information technology (IT), participants at the
      302 words
    • Article
      Lock icon Britain, China endorse deal on building of HK's CT9
      224 29 Reuter [HONGKONG] Britain and China have endorsed an agreement on the construction of Container Terminal Number Nine (CT9), the government radio said. Consensus had been reached and a statement would be made today, it quoted the Secretary of Constitutional Affairs Nicholas
      Reuter  -  224 words
    • Article
      Lock icon Aussie union bans Indon shipping
      171 29 Reuter [MELBOURNE] The Maritime Union of Australia said yesterday it had imposed bans on Indonesian cargo and shipping in protest against the arrest of two Indonesian independent labour leaders. "The bans are to protest against the recent arrests of independent labour leaders Muchtar Pakpahan and
      Reuter  -  171 words
    • Article, Illustration
      Lock icon Aeroflot looks to Boeing jets
      930 30  -  RUSSIAN AIRLINES: IN NEED OF MODERNISATION Russia's old guard may not like it but the national airline needs to buy better Western aircraft to cut costs and attract non-Russian customers, and Boeing is keen to sell to the market Ujt T M SELL NYT SOME
      NYT  -  930 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      325 30 PACE <t EES 16 ACL 15 Ethiopian 10 Aeiocean 16 Eurohans 6 ANL 7 Evergreen 10 AMe 16 II tt Accord 6 Feedertrans 11 Ahrenkiel 8 FL-Bright H Appenship 8 FoongSun 6 Astro 7 freta 6 Austral 15 FrtWorld 11 Avant 10 G
      325 words
    • MARTECH '96
      • Article
        Promoting healthy growth in maritime industry
        944 31  -  Swftpan Das Sarma asks why the industry faces mounting losses despite the presence of so many conventions. Das Sarma The writer is head of the Maritime Technology Transporta- t tion, Singapore Polytechnic. The loss figures for ships 500 grt and above has remained high.
        944 words
      • Article
        FOCUS ON SAFETY AND THE ENVIRONMENT
        121 31 Martech 96, a two-day conference cum exhibition at Singapore Polytechnic, provides a forum for exchange of views and experiences as well as to challenge ideas related to maritime safety and the protection of the environment. Professionals, academics and delegates from overseas and Singapore will
        121 words
      • Article, Illustration
        Cutting through complex documents
        387 32  -  Kalyan Chatterjea Dr Ta Piyasiri 0n a one-stop system that uses a vast knowledge base. Kalyan Chatterjea Dr Ta Piyasiri 4 Conventions of the International Maritime Organisation (IMO) such as Solas, Marpol, STCW, Load Line and others play a very important role in various aspects of
        387 words
      • Article, Illustration
        Growing trend towards a regional approach for solving problems
        721 32  -  Teh Kong Leong on the quest for safer shipping and cleaner oceans. Teh Kong Leong The writer is Director (Shipping), Maritime Port Authority. The United States, by virtue of its position, has a knack for taking a unilateral approach. The OPA
        721 words
      • Article, Illustration
        In safety, the status quo is never good enough
        1001 33  -  D.Dutta and Todd W. Grove, American Bureau of Shipping, Singapore, discuss vessel safety. D.Dutta and Todd W. Grove The problems experienced with vessel structures, contributing to the bulk carrier losses in the 1989 -1994 period (58 bulk carriers and combination carriers
        1,001 words
    • Article
      SHIPPING GUIDE
      15981 40 EXPORT ETA ETA Advertiser Vassal Voyaga Talapltona ETA ETA Advartlsar V«u4 Voyaga Tataphona SIN Dast'n Nam# Nama Numear Number SIN Dast'n Nana Nam Num6ar Numbar MMHIRMNMBMMNHMNWnMNnMMHMMMMHBMMMMMMMMMBMMMI flMBBMHHHHBHBMIHHMiMHHHMMHnHMHMNMH A TO BREMERHAVEN (BRV) 2057 n Germany To ABIDJAN (ABJ) 2003 m n/w dsen Bremen sen wfmj 45-2274*4 Ivory Coast Cote
      15,981 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        799 45 Voy Mo Bwth Arrival Departure 1 juiwi mi L»«4ri ***** JOT Hongs** *09/1000 4# ***** JOT «oa«wlt *09/0400 Hon 64 J13 net*wit 21.09/0700 M OiVi 13/96 JO] 19 09/2359 *1 JIT ahMfuOc i 20.09/12JO HJ" 4 J04 Mowwk 19 09/0559 9*03 J19 «on«w» 22 09/1500 a*»W»JC 9/16 JM
        799 words
      • Article
        CONTAINER SCHEDULES
        1726 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/B«l«ncc Rstls Ship Voy No Etb/Btr Porlod From To From *o Ml KMC It/2000 IA 14/1500 N/1459 14/1900 a wmo 1/0459 rtmoo Hi Mt 3000 21/1500 N/1500 N/1459 N/BOO a w/1700 1/0*59 worn 2£Z2? I M W/MOO "/woo 1/1459 H/TTOO
        1,726 words
      • Article
        GLOBAL HOLIDAY
        201 45 Sept 19 Chile: Armed Forces Day. Sept 21 Armenia: Independence Day. Bangladesh: Durga Puja (Hindu festival). Malta: Independence Day. Sept 22 Israel: Yom Kippur Eve. Sept 23 Japan: Autumnal Equinox Day. Israel: Yom Kippur. Sept 24 South Korea: Heritage Day. Sept 26 South Korea: Chusok (Korean Thanksgiving). Sri
        201 words
      • Article
        COCKETT BUNKER MARKET REPORT
        929 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single price* for a more comprehen sive description of the market Prices shown are based on averagesued stem. Market movements are Indicated. The Cockett Bunker Price Index change and the
        929 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Daimler-Benz to invest 5b marks in Asia by 2000
        411 46 Half of the planned investment will go to Mercedes Benz operations alone AFP {SINGAPORE] German giant Daimler-Benz AG plans to invest five billion marks (554.6 billion) in Asia by 2000, half of it in vehicle operations, a top official of the
        AFP  -  411 words
      • Article
        Lock icon Air NZ gets conditional approval to buy Ansett
        297 46 Bloomberg Business News [CANBERRA] The Australian government has given conditional approval to Air New Zealand Ltd to buy 50 per cent of Ansett Holdings Ltd. The conditions require Ansett's international operations, to be called Ansett International Ltd, which will be 51 per
        Bloomberg Business News  -  297 words
      • Article
        Lock icon Fokker Aviation wins Boeing work: paper
        184 46 Reuter [AMSTERDAM] Aircraft maintenance company Fokker Aviation has won contracts to carry out "far reaching" work on Boeing 7375, the Algemeen Dagblad daily newspaper reported yesterday. Fokker Aviation is the profitable maintenance and Services arm of bankrupt plane maker Fokker NV. Fokker Aviation was
        Reuter  -  184 words
      • Article
        Lock icon Japan pushing yen too low, says US car industry official
        267 46 Bloomberg Business News [WASHINGTON] Actions by the Bank of Japan to drive down the value of the yen against the dollar over the past 18 months have thwarted the efforts of US car makers to increase market share in Japan,
        Bloomberg Business News  -  267 words
      • Article
        Lock icon Southwest Air lets public finance plane purchases
        149 46 Bloomberg Business News [DALLAS] Southwest Airlines Inc has found a way to finance 10 new jets at low cost let the public purchase them. The fast-growing airline sold U*****.2 million (*****.1 million) worth of pass-through certificates on Sep 6. The financing technique, employed
        Bloomberg Business News  -  149 words
      • Article
        Lock icon Cut taxes to spur growth of China car market VW urges
        216 46 AFP [BEIJING] China's most successful car manufacturer warned on Tuesday that the government must reduce taxes and fees imposed on the exworks price of vehicles to stimulate growth of the car market. "Today's influence of Chinese authorities on ex-works
        AFP  -  216 words
      • Article
        Lock icon Funding woes may derail Trans-Asian link plan
        301 46 S'pore-Kunming, China rail route will cost USsB96.4m AFP [KUALA LUMPUR) A proposed Trans-Asia rail link using the Singapore-Kunming, China route is to cost a hefty U*****.4 million (Ssl.2 billion) and officials now fear financing will be the biggest hurdle. A senior Malaysian railway
        AFP  -  301 words
      • Article, Illustration
        Lock icon Cambodian railway problem free
        49 46 [PHNOM PENH] Passengers in Phnom Penh boarding the morning train to Sihanoukville. Railway officials say that there have been no security problems on the southbound line for two years. For the first time in more than a year Cambodia's railway system is entirely operational. AFP
        AFP  -  49 words
      • LOG Book
        • Article
          Lock icon Air Asia should not compete with MAS
          78 46 AFX-Asia {KUALA LUMPUR] Hicom Bhd's unit Air Asia should riot be encouraged to compete with Malaysian Airlines System Bhd's routes. The Star quoted Transport Minister Ling Liong Sik as saying that it would be unfair if Air Asia isko compete with Malaysia Airlines
          AFX-Asia  -  78 words
        • Article
          Lock icon Nod for San Francisko airport expansion
          62 46 Reuter [SAN FRANCISCO] The San Francisco Airports Commission on Tuesday approved a US$2.4 billion (553.4 billion), revenue bond-financed plan to expand the city's airport. As part of the plan, up to US$3OO million of revenue bonds will be sold competitively in October, followed by
          Reuter  -  62 words
        • Article
          Lock icon CNAC takes stake in Lufthansa unit
          67 46 Reuter [HONGKONG] China National Aviation Corp (CNAC) has taken a 16 per cent stake in Lufthansa's catering division, LSG Lufthansa Service Hongkong, for an undisclosed sijm, the South China Morning Post said yesterday. The paper said it would give CNAC a foothold in the
          Reuter  -  67 words
      • Article
        Lock icon Cathay unit win contract for ramp handling
        145 46 AFP [HONGKONG] Hongkong's Airport Authority said yesterday it had awarded Hongkong Airport Services Ltd a contract to provide aircraft ramp handling services at the new Chek Lap Kok airport. Hongkong Airport Services is a joint venture between Cathay Pacific Airways Ltd and Hongkong
        AFP  -  145 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1432 46 cmr FU6WT ETA FU6HT ETO Guangzhou S0803 1905 S0804 1020 AfciPfcaH S0441 1530 COM 2045 MM SO230 1830 Mw< VW741 OOP VW740 WO 0TC1 1930 Hat Yai T6407 2105 TG408 0620 Amstardam KL843 0455 IU.838 2300 IW95 2145 M1896 1805 DL25 0650 0126 2355 HoCMMMi VN741
        1,432 words
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      596 30 r. iMPairr"! f BtmW AmfltGA 1 QULF/fNDIAN BUB-CQNT/NENT jSINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) |OULF KARACHI EXPRESS (QKX) rasa VOY OAK VAN SU U SM VESStI VOT MW XA KM coi SM WW 24/01 29/01 29/00 02/09 19/09 NOl KOI ~041 07/09 00/09 13/09 19/09 23/09 CHESAPEAKE MY 02W
      596 words
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      Page 30 Advertisements Column 2
      667 30 L,neB 4 services represented "embers o«the Registry of Members o» the \\yjjjjo'J Accredited Shipping Agents. Singapore Freight Forwarders Spore National Shipping Assoc Association ur I Sj^PKGT^MESO^jUNE Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 »Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Japan -2 x Hongkong
      667 words
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      331 31 SbES^***'' 50w < *"y ■> 2 -2 :*•s* I o B fi H i IR 1 MgpSSS I foj The SAILOR COMPACT GMDSS STATION is ■HKg&l u(6)% designed to comply fully with the GMDSS communications requirements for all areas, A I f HiSlfe MMmoiilJßW A2-A3 and A 4. I llflHEl?
      331 words
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      Page 32 Advertisements Column 1
      454 32 r \C N "SGS-THOMSON needed a strong RAD e anchor for our extensive operations in the have found Motorola s local R&D team of 120 research Asia-Pacific region to serve the mpidly gwwing They have been responsible market here. Singapore was a natural choice M world carter for telecommunicalions/paging because
      454 words
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      Page 32 Advertisements Column 2
      59 32 J P LIFEBOAT h INSPECTION CALL: (65) 266 ***** H V Repairs Refurbishment of n H Lifeboats Davits H U Sale of Reconditioned/ H Kj New Lifeboats Davits m Pj Services Now Available in n u Indonesia/Philllppines R CI n B TechnoFlßßE SBPB 3 «s 7 B TECHNO FIBREI (S)
      59 words
    • Advertisement
      Page 32 Advertisements Column 3
      75 32 Shipping Times INSTANT INFORMATION to shipping services and products. Around-the-clock. Seven days a week. o Call 740-6000 Press" 1" key in Document Code Key in your fax number I inter your phone number Visa Freight Services Pte Ltd 8002 Singapore Freight Forwarders Association 8006 Marine Transport Resources (S) Pte Ltd
      75 words
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      Page 33 Advertisements Column 1
      440 33 Ships will sail. Money will talk. There will always be ships carrying ISM Certification by the Ist of July 1998, cargos. The world simply cannot do will further increase the demand for services without them. As in every industry, there will like ours. be some companies that SpocToc the are
      440 words
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      Page 33 Advertisements Column 2
      115 33 World Leader in Inspection Services We're Everywhere You Need Us To Be IMR Petroleum Petrochemical Cargo Survey Ship Operation Services Testing Analytical Services Marine Bunker Survey Flow Measurement Services Meter Proving Technical Services Consultancy Marine Surveys Calibration Services Ship Shore Tanks Shipbuilding Consultancy Surveys The Redwood and Marine Divisions of
      115 words
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      Page 34 Advertisements Column 1
      1181 34 I PACIFIC SOUTH WEST EXPRESS (DIRECT) i I I I I rasa vor m ma* sunn ux dm m* en nyc a houlnmlsu akoona 0121 i*/o» io/o» 10/w M/io 00/io 00/io o»/io io/io io/io 00/io "o»7io~~u7ir niminu m n/w 25/00 woo 11/10 15/10 u/io it/10 177i0 iTTio »*7io~ li7io~ l«7io~
      1,181 words
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      Page 34 Advertisements Column 2
      1684 34 HANJIN SHIPPING CANADA* I lmimam/voy oam sm sia pox tiw iw»|oo|wTlßei|pHL|owi mom oos hyc Ipp rvt Imlm I m m~]| Kommnx m/w m/io m/io m/io »/u n/io 21/10 23/ to 21/10 22/10 23/10 TviT "iiTiT "STiT aTiTn^ijl >'/'• M/l> 17/10 17/10 17/10 10/10 M/ 10 W»0 M/ 10 W/10 M/
      1,684 words
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      Page 34 Advertisements Column 3
      82 34 (*W¥l ORIENT EXPRESS UNES (U.K.) LIMITED (MANAGER FOR SHREYAS SHIPPING LIMITED) VOY SlWGtfOtl IQWMt VBSft »OT IQMIAt smunm 302 23/09 01/10 EUZ\ 301 16/09 23/09 TOBA 201 04/10 11/10 SINAB TOBA 200 26/09 04/10 NORDKAP 401 09/10 16/10 NQRDKAP 400 02/10 09/10 1 ELJZA 303 15/10 ~23/10 EUZA 302 08/10
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      Page 35 Advertisements Column 1
      1590 35 ttssa wr km row ant wa stow pkeung sin hkg uo iyo sm kok nac mishima ma* n/» ~lvi~ mi n/> ;</i MBDOIEXrtKS 30tA3S M/ 1 30/1 31/1 ?l/1 JW VP 3/10 VIO 30/1 1/10 JWAfOKUY 03(135 1/1 30/1 VI K/1 H/1 30/1 IPWBJSBI EXPttSS 38D34 Z/1 4/» 7S/1 71/1
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      Page 35 Advertisements Column 2
      1220 35 NORASIA I VESSEL VOY SIN PKTI OOA UI^^BC^VA^/Uj^RO^AM^FE^L»E^ NOR SMGA 9637-3 2V06 26*8 11/11 16/10 13/11 20/10 21/10 17/10 WO 11/10 20/10 9636-3 02/10 6306 1800 2306 2000 27/11 28,10 2406 2VIO 2VIO 27/11 I *OH«l 9639-3 09,10 10,10 25,10 30/10 21/16 63/11 64/11 31/16 61/11 61/11 62/11 I NOR
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      Page 35 Advertisements Column 3
      464 35 Direct Container Service I to Fangcheng Zhanjiang Vessel S'pore Fangcheng Zhaniiang UANBAO 04/10 09/10 11/10 I I I I /VOffTRANS I Tfb65j*****7 FAX: 65-*****90 j Mutti-Purpose RO/L0 Corner Acceptfeg: RO/RO, Ramp Capacity opto 40 tags Heavy Lift opto 68.5 ton Cimvtatieaal/Break kk /Coatam/Reefm Cmhmm Thai Flog Status fchtgWM V.3IA MIB
      464 words
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      Page 36 Advertisements Column 1
      1476 36 WW STRAITS SHIPPING PTE LTD ■ft MM 10 Hoo Chiang Road #11-01 Koppol Towers fILJB Singapore 0208 Tel: *****88 Fax: *****17 SAIAH I MUHEI CONVENTIONAL SERVICE I SARAWAK CONTAINER SERVICE |VKSa VOT Ml WUA U IYISSII VOY iSIMGAPOtt I lUOHG smreMori mm a/oo ?s/oo 20/00 uaaxa m mm mi«u ?s/oi
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      Page 36 Advertisements Column 2
      670 36 FIXED DAY (EVERY TUESDAX THURSDAX SUNDAY) J EXPRESS SERVICE 17 DAYS TO EUROPE I SMGAPOti S GOUAI AGfNTS: SWNTON WAY TIL 22* I*oo FAX: milM OUTWAtO (IA) 4MSM2 JOHOBf OffKl COSTAR SWNH PTE Ll* ots hoc saus/mgs <nsmi/41 mwud kft (b/O) «?os;is COSTAft AGENCIES (M) SDN BHD Q NO: *****M4000M
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      Page 36 Advertisements Column 3
      328 36 f/J-i IPERKAPAT .AN DAT ZHtJN lfJ7 TONG JOO SHIPPING PTE LTD CR NO: ********** C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUCHM+fASTtST TUHSIT/ MVAMA-HtOMTY »ffTW /HO CMI MMH-MMCATtD A GISOON 9MO 23/09 GIWIK 9447 23/09 GIHUAT A 5304 22/09 GIKIM H25 24/01 GUOO 9*27 24/00 HIBISCUS
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      Page 37 Advertisements Column 1
      1426 37 vA M M I H hhh v f fl I 1 I 1 IB I B ""1 "i m I I EUROP€AJK/SCANDINAVIA/FINLAND/RUSSIA Mrnrn I^HRVT77!nfI^H ISOP RDM ANW HBG THP ZEE LHW LHW THP ROM ANW HBG PKI SGP f-Hf£i RW 1# 1 11/11 W8 W* 14/10 15/10 15/10 E. GROUP
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      Page 37 Advertisements Column 2
      1004 37 I VKSa VOTAGI SGf OW AM MM UN IWI IN VtSSII VOTAGf MM UU mm iu I I IliSmfL nl»l/n2 2&! fvlS K/l! M/ 1° W/1# /1 I UHCOKHI *****2K IS/04 It/Of 17/94 11/04 3C W I I jMCIOWN 0473-03SW OVIO IVIO 14/10 15/10 li/10 14/10 14/10 |UM (ONCOtD 0470-031E
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      Page 37 Advertisements Column 3
      718 37 □2 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****15/*****03 [CD TELEX: RS ***** RISHiP (3 Lines) 1 C« NO: **********0E |®l ETHIOPIA* SHIPPM6 LINES J (Natiooal Lines of ElMoph) ACCEPTING FCL AND CONVENTIONAL Vesee< Vojr ETA Loading for Spore Abyot 45W8 1«/«T~ Netsanet 44W8 25/10 Mombasa.
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      Page 38 Advertisements Column 1
      719 38 i BSA it mm MYANMA WBBk FIVE STAR UNE (Myomar Notional Lino) Loading for Yongoa (Rangoon) vessel voy m pug km pgu HP*-AN H7W SID PAGAN 235W SU> RULAYSIA AGINTS: KHKTUO SMPPMG AGENCIES KUL m 01-03-2417)00 MO: m 02-03-*****01 Wk Til 07-04-2****** POO; IE 07-07-2512J21/4 BANK LINE (A if Andr«w
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      Page 38 Advertisements Column 2
      998 38 A HYUNDAI MERCHANT MARINE CO. UD. WESTBOUND TO EUROPE BKG: *****32 PNA piii POO VISSII/VOY VOY SW IT* Am UH HAM Mtil FU 11/09 13/09 1 4 M NY.IARON JO2W 14/09 04/14 04/10 40/10 04/14 44/14 00/10 14/09 70/09 21/09 NY.UIPnOO 301W 23/09 11/10 13/10 15/10 13/10 13/10 15/10 25/09
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      Page 38 Advertisements Column 3
      463 38 /g FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 LINES) jpM 4 SAILINGS A WEEK TO r S BANGKOK J J AND REGULAR SAILINGS TO c£abang THAILAND >... \BANGKOK I 1 LAE^Nabang m J 1 f FOR BOOKING i; j *****33 I\k contact amy in.
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      Page 39 Advertisements Column 1
      527 39 7aAMSi%al Waakly LCI A FCI I IOQIOSI Sarvkts to Caribbean himino a Central America SINTIAnVE DAGMAK 627E MAERSK96OS Port Country 17/09 24/09 U>m City M<ze 21/10 28/10 ftridgetown Barbados 24/10 31/10 Cartogerja Colombia 23/10 30/10 Carinas 1 S» Lucia 23/10 30/10 ForidefVance Martinique 24/10 31/10 Freeportl Bahamai 19/10 26/10 Jamaica
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      Page 39 Advertisements Column 2
      1335 39 ADVANCE CONTAINER LINES (PTE) LTD A A| Z 140 CtcH Street #12-00, PIL Building, Singapore *****0 ■i*l. m I TEL: *****21, FAX: *****18, TELEX :RS ***** ACLPL CR NO. **********0E ■AWOKOK JAKAKTA IS S«lM|*Weet to PAT. 3 SMtnp OMT. 2 SMtMfi LCH) (4 SeillefsAVtek) "visia Ivor S vissa voy im
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      Page 39 Advertisements Column 3
      904 39 **********0Z VESSELS VOY SM OAMTtTA LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTVEBV \fILLEDE GEMMA HIOW I*oB 2*09 06/10 08/10 11/10 12/10 14/10 VH-LEDCLYRA "vigW~ 34/09 06/10 14/10 I*lo 17/10 18/10 20/10 WXE DE VBA VIBW 01/10 12/10 21/10 22/10 24/10 2*lo 27/10 VILLE DC CAPCLLA TI7W WlO 19/10 2*lo 28/10 31/10
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      Page 41 Advertisements Column 1
      48 41 To retrieve more schedules, just follow these simple steps. document *J^ ial 740-6000^^^^^ te P be faxed CTkSelect the port your ste st ep key in the four number #Jg digit code Key in your Exampto: r-^-i fax number To HAMBURG (HAM) 2150 for calls within Singapore Germany
      48 words
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      Page 43 Advertisements Column 1
      1068 43 [RCp Regional Container LinesjMj^_ IC> j BthFloor,RCLCentre,S(oB9os7) W' Tel: 220 0388 Fax: 221 9760 HRUUM (All Departmental Direct Lines Fax remain unchanged) A/ICCOku shipping pte ltd 3 Main: 225 5556 (40 Lines) Booking: 225 5557 Doe: 225 8887 Import: 323 2464 ■■•(i« it umi-nrifiriTnniTf iiinr»rriTrfwnTnmi-iirrr«ii I 1/11/ BHUTBBga VAM i*ro*T
      1,068 words
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      Page 43 Advertisements Column 2
      887 43 VOT WW J CTO IvHMI ypy I |m CCU > DMA 514 MON 23/09 IFKI [17/09 MANPKOMf P A STAHI 172 IMON 73/09 SAT [2t/09 SHfWTOW 42« FBI 26/09 JMON ~30/09 ■no« RIVBI 2S6CNB SAT 21/09 TMCI 03/10 COWSISTINCtI 1 329 SAT 28/09 |WID 02/10 [tKHK SPKINO 239CN8 WID 02/10
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      Page 44 Advertisements Column 1
      694 44 SINO EXPRISS SHIPPING (PTE) LTD. W I 11 COLLYER QUAY «0«-01 THE ARCADE SINGAPORE *****7. X m 1 TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VBSEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beiiioo. Chiwon. ImTu 9619/9620 20/09 25/09
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      Page 44 Advertisements Column 2
      518 44 AM MN. CONTAINER LINES. IWR I PT~T?3 MACHELS SPORE: *****22 (24 UMES) kuchlNG: (062)*****3 PENAMQ: (04) *****6 BANGKOK; (662) *****67 SURABAYA: (31) *****0 P. KELANG. (03) *****77 JKT: (21) *****07 MDN; (61) *****3 BANDUNG: (22) *****06 HKG ETA RTM/HAM/FXT ETA "NED HOORN" V.8366 22-9 "HY EMPEROR" V.301W 23-9 PKG/PEN COLOMBO
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      Page 44 Advertisements Column 3
      397 44 0* |k I Spore P.Keiang Loading For 1 AGIASOFIA 16/09 22A» RdnVAtw/UK/Nan ft SEAGULL FORTUNE 25/09 05/10 RdnVAtw/UK/Nan I AMANPULO 15/10 22/10 RdnVAtw/UK/Nan I Load* EVW Malaysia. Indonesia I 1 Loading for HERMEUN Dubai/Doha/Bahrain/DammarVKuvvait I LEOPARD 1 Dubai/A. Dhabi/Doha/Damman/Kuwait I BUFFALO Dubai/A. Dhabi/Doha/Bahrain/Damman/Kuwait I PAN CRYSTAL Dubai/Bahrain/DamrnarVKuwait I MAKAR Hodaidah/Jeddah/Aqaba/
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      Page 45 Advertisements Column 1
      38 45 IP BELL SPEDITION LINE SINGAPORE Colombo, Bombay, Karachi Maldives MV BADINH/early October JAPAN/KOREA South-east Asian Ports MV PHUYEN/early October for Time/Voyage Charter General agent: S. Y. SHIPPING <S) PTE LTD TEL; *****03, *****87 FAX: *****91 TELEX: RS *****
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      131 45 —TTCH MM fk\i :-I.VTn7T LEGEND R Thunderstorm Temperoture c X\ A Weather Wind direction with speed in knots Roin w Cloudy Sky Wove h ,9ht Serface winds ore indicated by arrows which fly with the wind One Ml circle represents calm or light and voriable winds 1 One holt tleche
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      68 46 M.V. "SHINE STAR" VOY. 1 ARRD 11TH SEPTEMBER 1996 VLV. "ADVENTURE QUEEN" VOY. 23 ARRD I2TH SEPTEMBER 19% Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 20th September 1996 0900-1200 hours at P6 and P4. No further
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