The Business Times, 26 September 1996

Microfilm: NL20716
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MTV A (P) 04^12/95 85« SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, SEPTEMBER 26,1996
    14 words
  • Article
    MARKET SUMMARY
    44 1 DmJK+4.92) nso" UanM(+i2.n) D E5%3.77) KLMOMIF.-.-n»'S _„>T5 MODE. tlSNJ7—+17M8 ■AUG SDK) UflM.it. -fMJI f SET INDEX NHM 417 lAuntow mm +ia ■AfQLAOOMP a»M -1.44 ITHIIWI UMil SSDULOQMP 7H11 15JA jfcSACWAB MJS -1 11 /umALum-jmM +uu dow ;5Sz25 Zi e l, ''li h
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  • Article
    FINANCE
    33 1 I'x ;V j* n JiaKjS i \%&eg i<mv\ lining——i "*"1* ii If >E 1 "^SBSSBS-rl 1 TgWWBMMWBMg^ 1 F* -WMMHTl i' a B> 'S'" smW——' 1 H <Mqg££S|kakiitoMR jfNJKlMMatM*) (Source: NatWest Bank)
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  • Article, Illustration
    SPH, Lum Chang buy Promenade for $271m
    553 1  -  Deal marks 4th time Orchard Rd complex changed over last 10 years By] Michelle Low [SINGAPORE] Singapore Press Holdings and Lum Chang Holdings have teamed up to buy The Promenade for $270.9 million, making it the first major commercial property deal in the
    553 words
  • Article, Illustration
    Creative share price surges again on bid rumours
    476 1  -  But both Creative and Samsung deny talk of takeover By. Annette Pau [SINGAPORE] Homegrown sound card maker Creative Technology's shares yesterday continued their surge, gaining almost 20 per cent following heightened speculation that the company was being stalked by Korea's Samsung Electronics.
    476 words
  • Article
    Regional markets close mixed
    142 1 [SINGAPORE] Regional stock markets ended mixed yesterday, a response to Wall Street's vacillating reaction to the outcome of the latest interest rate meeting Brokers here said investors had anticipated a rate hike of 25 basis points, with the result that when rates were' left unchanged, many
    142 words
  • Article
    Sampoerna confirms acquiring Astra shares amid takeover talk
    398 1  -  Tycoon said to have bought sizeable block of Pribadi's shares Froml S N Vasuki in Jakarta TALK of an imminent takeover of PT Astra International, Indonesia's biggest vehicle manufacturer, intensified yesterday with tycoon Putera Sampoerna confirming he had bought shares in the
    398 words
  • Article
    Private property rentals slip for first time in over a year
    427 1  -  Condos in prime districts 9,10,11 lead slide with 7.8% drop By. Abdul Hadhi [SINGAPORE] Rentals for private residential properties slipped in the second quarter for the first time in more than a year and industry watchers do not see
    427 words
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      93 1 DUDMB .^HSlgjgp SflfflßnSlLt market it stffl cool despite the end of the Hanfry Ghost Month, W :-i±AS *3? f* Sfeltei'i Many must be figuring that they can count on Astra's improved 4 I prospects even w tne takeover talk comes Ito nothing. rgjr. msOJitatorelst ill I, Pt O. Rival SBS'
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      8 1 ■32XZZZISIS3B1 Tfci -1J> ■WHMM HXUll I" <^PPWft x
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      Page 1 Advertisements Column 3
      70 1 Alfred Dunhill -t'B* I^l* i j B W jr \jjr &s s ■...^■^^A^^uSmßgOk I 'HI 1 a i I■l 1 I. rngfl^^M *^M-. I i I E—l Centenary Watch STntpdfwt6y AinAi/f loatcAes ut tAr Sffonoti/wuj one /t/inc/ra/years since tAr/mint/iny c^ tAe fuftss mode-. untA mecAa/uca/movemenf. ifatn/rss <t(re/casr \afipAirr<j/aAs Water-resista/rf. c
      70 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon BG Lee on PAP's better team
      583 2  -  The three candidates are among some 20 picked from about 300 screened over last five years Reports by Chuang Peck Ming THE new People's Action Party candidates to be fielded in the coming election will not only be reflective of the younger generation but
      ALI YUSOFF/ST  -  583 words
    • Article
      The first of PAP's new candidates
      369 2 THE first three of the new PAP candidates introduced yesterday are all professionals, but in different fields. One is an MNC executive, another a former Chinese newspaper editor and the third a lawyer. Below are thumbnail sketches of their backgrounds. AHMAD MOHAMED MAGAD is
      369 words
    • Article, Illustration
      Lock icon August wholesale prices slip
      334 2  -  EYE ON THE ECONOMY Prices By Teh Hooi Ling WHOLESALE prices continued to slip last month, according to latest figures from the Department of Statistics. The Manufactured Products Price Index for August was 79.7, down from 80.4 a year ago. Compared with the revised index for
      Source: Dept of Stats; ALLAN  -  334 words
    • Article
      New rules in place to increase labour force
      243 2 THE Ministry of Labour has introduced new regulations to help raise Singapore's labour force participation rate. The Employment (PartTime Employees) Regulations 1996 which will take effect from next Tuesday seeks to safeguard the basic benefits for part-time employees while providing employers with
      243 words
    • NEWS Roundup
      • Article
        BG Lee is top guest at Young PAP dinner
        80 4 THE Deputy Prime Minister and first secretary-general of the People's Action Party, Lee Hsien Loong, will be guest-of-honour at the Young PAP's 10th anniversary dinner tomorrow. BG Lee is also founding chairman of the Young PAP. The dinner at the Orchid
        80 words
      • Article
        SingNet offers free trial roaming service
        92 4 SINGNET is offering a (Tee trial roaming service to Brunei, Hongkong, Japan, the Philippines and the US for a month, beginning Oct 1. Participants can access their Sing Net account without having to dial back to Singapore and incur IDD charges. They need only
        92 words
    • Article, Illustration
      Lock icon S'pore aims to be region's IT mega-hub
      320 4  -  OPENING OF COMDEX/ASIA DO New training course to be launched next year as part of plan to make whole workforce IT-literate Toh Han Shih THE government aims to make Singapore the IT megahub of the Asia-Pacific region. Deputy Prime Minister Tony Tan told
      ARTHUR LEE  -  320 words
    • Article
      Fourth National IT Awards yields a record 10 winners
      511 4  -  Six organisations bag awards in two new categories By. Audrey Tan A RECORD number of 10 organisations were named winners in the fourth National IT Awards. This year also saw six winners in two new categories in the biennial event: Innovative
      511 words
    • Article
      Wywy founder's firm sweeps 9 of 16 URA sites
      459 5  -  Prie« fcr it> Dm T«m M iifhwii ritai rupfrwn $682 psf to $890 paf By. Agnes Wee WYGIL Holdings, a company of the founder of homegrown marketing-based Wywy Group, Wong Yip Yan, swept up nine out of 16 parcels of unrestored
      459 words
    • Article
      NTUG in $3.8m joint venture to set up facilities for children
      236 5 A JOINT venture is investing 13.8 million in building indoor playgrounds cum education centres and a childcare centre at three NTUC Lifestyle Centres. Ace Family Lifestyle Pte Ltd, a Joint venture project by NTUC Club, NTUC Childcare Co-operative Ltd
      236 words
    • Article, Illustration
      Lock icon SNI sees robust Asia-Pac sales
      340 5  -  By. Annette Pau SIEMENS Nixdorf Informationssysteme AG (SNI), the computer unit of German information technology group Siemens AG, expects its sales in the Asia-Pacific this year to grow 65 per cent. This works out to about US$2BO million <***** million), up from US$l7O million last
      CHRIS LOH  -  340 words
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      196 2 t Come to where the business is.. r-— in the Centre of Asia. No matter what your particular requirements are. the Singapore International Convention Exhibition Centre is ready to accommodate you. We have a choice of 26 Meeting Rooms which can seat from 20 to 400 people, while our state-of-the-art
      196 words
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      Page 2 Advertisements Column 2
      31 2 No other LCD Projector gives you as much versatility as Philips. ipy Notebook Video Recorder Built-in tuner with full teletext functions and speaker I 33 --m— PHILIPS Stsiiift' i'l I I
      31 words
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      99 3 i •**•'■■'.••<. «>, £14".SGSv^?:■■ if -> <rt*,-»*•. :x r i r* f' i. -2; -V> V f'i i v '".w."?.> •'v.'".'' -i v *^sv -V v* X??r.4 V•: IjfMiflFORM WORLD, I still express I V**-. V J V*'"' 'j character. I ;.y .*r' ,t *K-« fx•-.v jr i"f-'>-.Ji' V:>-r' 1'
      99 words
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      431 4 0 MIKIMOTO •iD*gfe,The Originator °f n Jm7 C. I.HOO Singapore I US I #01-22 Tar> 9 lm Shopping I Centre, Singapore *****9. I Tel: *****47. *****43 v: I y -Giving if \you the.^' /y/ /his weekend we are releasing new phases on our 1 ts Pre PI d PP I
      431 words
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      84 5 SEE US AT COMDEX/Asia'96. Sep 25-27,1996 Singapore Booth 6H30 We are helping more companies in Singapore and the region to move to Real-Time Accounting! y B We can help you too! FACT Software International Pte Ltd 10 Anson Road #27-14 International Plaza Spore *****3 Ptoses 65-*****32 REALTIME WWW http://www.fact.com. sg
      84 words
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      37 5 ■B I wM Ss^>;\^.v; v >v 7 v f i -r*' V' c paragon takoshimoya dept. store raffles hotel arcade Hilton shopping gallery sogo raffles city --M C v. f I It N J AMIN CtOtft ,i
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Waiting for buyers
      576 6  -  The HDB resale market exec flat category in particular, is hardly stirring By Abdul Hadhi [SINGAPORE] IT HAS been two weeks since the Hungry Ghost month ended but housing agents report that there has not been any appreciable pick-up in sentiment in the HDB resale market. A
      FILE PHOTO  -  576 words
    • Article
      Roche selling MacPherson Industrial Estate office
      240 6  -  5-storey building on freehold land seen fetching $33-35 m By, Jenny Lam (SINGAPORE! Swiss healthcare multinational Roche is selling its Singapore office by tender. The five-storey building in MacPherson Industrial Estate has a gross floor area of 37,618 square feet and Sits on a
      240 words
    • Article
      House Hunt
      809 6 HDB transactions from August 26,1996 f rmj POSttL CONTMCT KIIHI ML LOCATION xsnocT DATE corn (STOOD) 3-Room (Type A) 20/9/96 180 186 Bt Batok East Ave 4 2365 969 Bt Batok East Ave 5 2365 18/9/96 960 191 Kit Jurong West St 52 2364 TO/9/96 807 195 242
      809 words
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      377 6 Freehold Prime Industrial Land J r2=§o >\--3S«w a cat*** m. a>\ t! s^- C c 8\ 3 Strategically located along Little Rood/Joo Seng Road, within Paya Lebar/MacPherson Industrial Eslale. Site Area 2,321.2m 2 (24,985 ft 2 Zoning Industry, plot ratio 2.5. Easy accessibility to City. Junong Changi Airport via the
      377 words
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      Page 6 Advertisements Column 2
      155 6 DFS Retail Space at Tanglin House 0* I Strata Area: 17,373 sq ft approx. f Freehold sn« Prominent Frontage I I Located within the popular V Orchard ShoppingfHotel district S* Efficient layout; capable of further A. cmin/P/ strata subdivision .y'/ Four SiHorv UAT S Xjfy H- ///S*. Closing date of
      155 words
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      Page 6 Advertisements Column 3
      28 6 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Megawati supporters defy order to close new HQ
      312 7 JAKARTA Her lawyers dispute mayor's closure order which says office violates zoning rules Reuter SUPPORTERS of Indonesia's ousted minority party leader, Megawati Sukarnoputri, said yesterday they would defy a local government order to close their new Jakarta headquarters. East Jakarta mayor Sudarsono
      Reuter  -  312 words
    • Article
      Lock icon C'wealth Games: KL to get facelift
      221 7 KUALA LUMPUR Govt to spend MsB3m to torn capital into tropiod garden, says minister AFP MALAYSIA will spend MsB3 million (5546.7 million) to turn the federal capital into a "tropical garden" for the 1998 Commonwealth Games, a report said yesterday. Youth and Sports Minister
      AFP  -  221 words
    • Article
      Lock icon Plans to make Natuna economic hub
      178 7 JAKARTA The Straits Times INDONESIA plans to promote Natuna and its surrounding islands in the South China Sea as an economic growth centre and as the country's next integrated development zone after Batam, Research and Technology Minister B J Habibie said. The Antara news
      The Straits Times  -  178 words
    • Article, Illustration
      Lock icon Pushing the reading habit
      63 7 [JAKARTA] Indonesian schoolgirls browsing through books on display at Jakarta's International Book Fair yesterday. Though Indonesia's illiteracy rate has been reduced from 90 per cent in 1945 to 14 per cent last year. President Suharto expressed his concern over "the poor reading habits of Indonesians admitting
      AFP  -  63 words
    • Article
      Lock icon Viets plan to set up stock market by '97
      105 7 NEW YORK AP VIETNAM hopes to establish a stock exchange before the end of next year, said the country's Minister of Foreign Affairs. The development of the market will be boosted by the sale of equity in stateowned companies, Nguyen Manh
      AP  -  105 words
    • Article, Illustration
      Lock icon Satellite TV network launched
      532 8  -  KUALA LUMPUR ■ak|da fcapaa Attn wffl Up it thri^wl b» Catherine Ong MALAYSIA has yet to make headway in its drive to be a regional broadcast hub although officials hope the launch of the country's first direct-to-home satellite television and radio service yesterday will act as
      AFP  -  532 words
    • Article
      Viets working on master plan for gas resources
      293 8  -  SINGAPORE Official says study will focus on supply, demand and policy By] Harish Mehta VIETNAM is preparing a master plan to develop its vast domestic gas resources up to the year 2010, a senior Vietnamese official said here yesterday. Vu Van Mao,
      293 words
    • Article
      Lock icon UK sees role for Philippines
      179 8 MANILA AFP BRITISH businesses are laying the ground for making the Philippines a jumping off point for increased trade in the booming Asia-Pacific region, a British minister said yesterday. Peter Fraser, Minister of State for Trade and Industry, said UK was committed "to playing an
      AFP  -  179 words
    • Article
      Lock icon Indon panel names 72 firms accused of dumping
      100 8 ■JAKARTA AFP AN Indonesian government committee yesterday named 72 domestic firms that had been accused of dumping practices abroad. The 72 companies and other as yet unidentified firms were accused of dumping products in 10 countries, including the United States and Japan.
      AFP  -  100 words
  • Page 7 Advertisements
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      74 7 I <§b Christof/e Paris Champagne bottle opener, stopper and champagne cooler Sommelier Pavilion Christofle The Shopping Gallery, *02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle: Robimons 176 Orchard Rcwd, Level 4, Centre point, Singapore *****3 iMtaa S<»tt» Level 4, 350 Orchard Road, Shaw House,
      74 words
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      Page 7 Advertisements Column 2
      58 7 s I <0- JLf 'z V. r H^HST VrnvT X AOs »|p*nw'' A^rii W. 1 jsas l 1 Pmm A nBRmHHHi "i S>. -;i,,c SHH 1;.; _W lfil^KiS^^^l^HHL ■HI Jc r?& «r* i H\ Bkw J it #^Ifr tfll %mims\L«&'<- v**# -|jjESB r Wm^/j jßmKm .^KKHmmmmMi 1 L EH y
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      686 8 Hljl HWA HONG CORPORATION LIMITED *3 (Incorporated in the Republic of Singapore) ill ANNOUNCEMENT Tht Board of Midori of Hwa Hong Corporation Limited wiahoa to make the following announcement: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1996 GROUP COMPANY HelfyooHoBo June He* yeer to 30 June ipsa 1—
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      17 8 Singapore Business Giving you the winning edge I Understated elegance. fa Crafted to perfection. ||S| a. testoni*
      17 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Innovations seen boosting Taiwan bond market
      401 9 TAIPEI New trading lystem, first credit rating agency expected te raise turnover Reuter TAIWAN'S new quoting and trading system and planned establishment of the island's first credit rating agency will improve efficiency and sharply boost turnover in an already robust bond market, experts and
      Reuter  -  401 words
    • Article
      Lock icon Be ready to stand up for autonomy, HK people told
      305 9 CANBERRA It wm'tbt plain sailing all the way, warns Anstn Chan Reuter HONGKONG will have to be ready to defend its promised autonomy after Beijing resumes control of the bustling territory in 1997, its chief civil servant warned yesterday. Hongkong
      Reuter  -  305 words
    • Article
      Lock icon China removes limits on Internet accounts
      96 9 SHANGHAI Reuter CHINA has removed limits on the country's number of Internet accounts following the recent installation of safety controls on the computer network, a senior Shanghai telecommunications official said yesterday. "Some time ago, our security arrangements were incomplete and there was a problem
      Reuter  -  96 words
    • Article
      Lock icon China orders inspections of 20 imports
      136 9 BEIJING Reuter CHINA has ordered compulsory safety and quality inspections of 20 types of imported goods, including washing machines, personal computers and video recorders, the Xinhua news agency said. From Oct 1, only those goods licensed by the China Commodity Inspection Bureau (CCIB) would
      Reuter  -  136 words
    • Article, Illustration
      Lock icon China paper urges combat readiness
      424 10 BEIJING But diplomats say rallying call is not aimed at Tokyo in dispute over Diaoyns Reuter, AFP [BEIJING] China, embroiled in a row with Japan over a group of disputed islands in the East China Sea, yesterday called for a mustering of sufficient military might
      Reuter,; AFP; REUTER  -  424 words
    • Article
      Lock icon China invites Herzog, signalling row with Germany now resolved
      304 10 BEIJING Reuter BEIJING yesterday indicated that all was forgiven in its row with Bonn over Tibet by inviting the German president and renewing an invitation to the foreign minister. German Foreign Minister Klaus Kinkel had planned to visit China in July,
      Reuter  -  304 words
    • SINO Briefs
      • Article
        Lock icon China insurer recovers US$2b debt
        54 10 AFP [BEIJING] A Chinese state insurance firm recovered US$2 billion (Ss2 J billion) in arrears and interest owed to 350 Chinese firms by a Middle Eastern importer, die official China Daily said yesterday. The People's Insurance (Property) Company of China recovered the money after representing
        AFP  -  54 words
      • Article
        Lock icon Patriot, Avenger missiles for Taiwan
        64 10 Reuter [TAIPEI] Taiwan said yesterday that the anti-missile Patriot and anti-aircraft Avenger missiles it had *""g»»* from the United States would enter service in 1990, boosting the island's defences against its giant rival China. "As communist China still seeks to take us, we must prepare
        Reuter  -  64 words
      • Article
        Lock icon Non-starter for 5 models in contest
        79 10 AFP [SHANGHAI] This year's Shanghai International Fashion Model Competition hit controversy yesterday bsibre it even began, with five contestants disqualified for being too short. The Xinmin Evening News said all five women, from Indonesia, Poland and the US, had been found to be below
        AFP  -  79 words
      • Article
        Lock icon Agricultural bank could be sbort of funds
        61 10 AFP [BEIJING] The Agricultural Development Bank of China COUld be Short Of fUnd»fiarthißV«>ar »nhmm tyn uiftfl because of fraud and previous largs loans, the China Daify said yesterday. This is because of the previous diversion of funds and because some branches "extended large
        AFP  -  61 words
    • Article
      Lock icon Retired judge considers chief post
      86 10 HONGKONG AFP A RETIRED high court judge said Wednesday he was actively considering a run to become Hongkong's first post-colonial government chief. Former high court judge Arthur Garcia told the govern-ment-run RTHK that he had "sufficient experience" for the post of chief executive after Hongkong
      AFP  -  86 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      54 9 LUXURY PENTHOUSE NEAR CENTRAL CBD I I for CAI For RENT W A Panoramic Views. Highest Residential Level in Singapore. 4 Bedrooms, Large Living Entertaining area wilfi self-contained flat. Newly renovated fully air-conditioned. Walk to Financial District. Immediate vicinity of MKT, Major Shopping/Entertainment bell. Reasonable Price Agents Welcome. Contact Owner
      54 words
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      Page 9 Advertisements Column 2
      403 9 fH i y$ pisF I I Jr* g^S T J ral» t st 1 ;s "-^'^'■riJig^^BjH^jWHßß^^^H^^^^B^^^Bß^Z^wpHßNEGAßA Hotel Negara, 10 Claymoxw Road, HnfllfHHML BjfcjP "^s^^&3B^B *._.*•<_ 'Ho*rf Ntpwa w locmttdbthindQr thgrl 4 ~ir ''T 4 i tf You set out to build a business, v* A not to become an A
      403 words
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      124 10 Incorporation of offshore companies with Chinese name Memorandum and Articles of Association are issued in Chinese f Certificate of Incorporation is issued For further information with company name in Chinese and immediate service characters please contact: Michael J Kingston Corporate documents notarised or OFFSHORE authenticated by the Embassy of the
      124 words
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  • ASIA
    • Article, Illustration
      Lock icon US, Japan must rely less on direct talks: Hashimoto
      539 11 NEW YORK Both countries most seek to resolve trade disputes within the WTO, he says Bloomberg Business News JAPAN'S Prime Minister Ryutaro Hashimoto said the US and Japan must rely less on one-on-one trade negotiations and seek to resolve more trade
      Bloomberg Business News; AFP  -  539 words
    • Article
      Lock icon Food poisoning: Mayor to take 40% pay cut
      140 11 TOKYO AFP THE mayor of a Japanese city hit by a massive food poisoning outbreak said yesterday he would take a 40 per cent pay cut for six months from October to take the blame. "I feel responsible. I will take a
      AFP  -  140 words
    • Article
      Lock icon Seoul puts call to restart exercises with US on hold
      276 11 NEW YORK Its foreign minister says decision win be made later AFP SOUTH Korean Foreign Minister Gong Ro Mung has moved away from an earlier call for a resumption of USSouth Korean military manoeuvres in response to the intrusion of
      AFP  -  276 words
    • Article, Illustration
      Lock icon Businesses hurt by high costs of telecom, power: BHP
      235 12 SYDNEY Reuter HIGH infrastructure costs are hurting Australian businesses, John Prescott, managing director of Australia's largest company, the Broken Hill Proprietary Co Ltd (BHP), said yesterday. Mr Prescott said Australia's electricity prices were around 40 per cent above the world's best
      Reuter  -  235 words
    • Article
      Lock icon Big Aussie firms see 21% profit rise
      328 12 CANBERRA But SMEs expect e&rniuts to fell 2J% in fourth qtr Bloomberg Business News LARGE Australian companies are forecasting an average increase of 20.6 per cent in profits in the December quarter, the Australian Bureau of Statistics said yesterday. Small and medium-sized companies,
      Bloomberg Business News  -  328 words
    • Article
      Lock icon India moving fast to attract foreign investments
      210 12 LONDON EIU: govt has not cut foreign entry into 'low priority' areas Reuter REFORMS aimed at attracting US$lO billion (Ssl4 billion) a year in foreign investment in India have been Implemented more effectively and rapidly than expected, the Economist Intelligence Unit said in
      Reuter  -  210 words
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      165 11 Upgrade your PC Options by IBM Knwr up yotir IBM PC with exlra memory, enhaneed networking eapa- .-"\q bilkies and more Iwck-wp storage. All jX j with Options by IBM, a full range of aoceMories designed to help your IBM PC meet your needs now, and in the future. r
      165 words
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      1102 12 ALXIA PTE LTD (Incorporated in the Republic of Singapore) TAKEOVER OFFER FOR LOGICIEL INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) 1. INTRODUCTION N M Rothschild Sons (Singapore) Limited ("Rothschild") announces on behalf of the Directors of Abcia Pte Ltd ("Alxia") that the vendors ("Vendors") of QES (Singapore) Re Ltd
      1,102 words
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      Page 12 Advertisements Column 2
      1083 12 AMTEK ENGINEERING LTD f/jS] (Incorporated in Republic of Singapore) twj I I FULL YEAR FINANCIAL STATEMENT AND I DIVIDEND ANNOUNCEMENT V —l Tha Director* ol AMTEK ENOINCEWNO LTD Mah to announce Ma MkMng: I I A) AUDITED RESULTS FOR TNC MNANOAL GROUP COMPANY I YEAR ENDED 39TH JUNE IMS 30TM
      1,083 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Yeltsin to have surgery, but no date fixed
      331 13 MOSCOW Doctors, including a US specialist, say preparing the President for surgery will take 6-8 weeks Reuter CARDIOLOGISTS yesterday decided that Russian President Boris Yeltsin should undergo heart surgery but set no date for an operation. To minimise risks, it will take
      Reuter; FILE PHOTO  -  331 words
    • Article, Illustration
      Lock icon Clinton's spending policies rapped
      330 13 DETROIT They have created the slowest recovery in a century: Dole Bloomberg Business News REPUBLICAN presidential candidate Bob Dole blasted President Bill Clinton's spending policies, saying they've created the "slowest economic recovery in a century". Mr Dole, speaking to 1,550 business people at the Economic Club
      Bloomberg Business News  -  330 words
    • Article
      A czar to help the private sector
      493 14  -  WORLD BANK/IMF MEETING World Bank MD Bickard Frank chairs a group aiming to mako lift easier for businessmen From Anthony Rowley in Washington BANKERS and businessmen attending the World Bank/ IMF annual meetings in Washington next week should find the Bank a more
      493 words
    • Article
      Lock icon Lower bond yields from Fed decision?
      119 14 NEW YORK Bloomberg Business News THE Federal Reserve's decision to leave interest rates unchanged may signal lower bond yields in the coming months, investors said. US Treasury notes rallied and bonds gained as the Fed left rates unchanged at its regular meeting yesterday. Though
      Bloomberg Business News  -  119 words
    • WORLD Watch
      • Article
        Lock icon Netanyahu calls protests irresponsible
        49 14 AFP [PARIS] Israel Prime Minister Benjamin Netanyahu said yesterday protests over Israel's construction of a controversial tunnel In Jerusalem were "totally unfounded", and accused Palestinian leaders of being irresponsible. Speaking after talks with French President Jacques Chirac, he said the protests were fuelled by disinformation.—AFP
        AFP  -  49 words
      • Article
        Lock icon US home resales down in August
        67 14 Bloomberg Business News [WASHINGTON] US home resales dttlined in August for the third consecutive month as higher mortgage rates discouraged consumers, real estate industry figures showed yesterday. Resales fell O.S per cent last month to an annual rate of 4.13 million, according to the
        Bloomberg Business News  -  67 words
      • Article
        Lock icon Germany vows to meet Euro criteria
        66 14 Bloomberg Business News [BONN] Spending on Eastern German reconstruction will not prevent Germany from reaching the budget deficit target for adopting Europe's planned common currency in 1980, Economics Minister Guenter Rexrodt said. "Monetary union will come on Jan 1,1989," Mr Rexrodt said. "We do
        Bloomberg Business News  -  66 words
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      322 13 (Stove ERVI C E D APARTMENTS \^S» SERVICED APARTMENTS THAT SPELL PARADISE at 32 Orange Grove near Shangri-La Hotel and Orchard Road TVs VCR gvm facilities r>cvclopcr g TIST aTY DEVEL O pMENT S LIMITED II (S>p)) I 36 Robinson Road #20-01 Minimum 1-month lease HKJ "iVYiii'KrViJ""; 1 Internet: http://www.cdl.com.sg
      322 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      2087 14 8 Shangri-La hotel LIMITED I (Incorporated in the Republic of Singapore) The Directors of Shangri-La Hotel Limited wish to report as follows:Unaudlted Remits For The Six Months Ended 30 fnne 19% (c) On 19 July 1996. the Company's wholly owned subsidiary, Stung Holdings Limited ("SHL") entered into an agreement with
      2,087 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      220 15 NATIONAL IT 4'* V 1' '.vvy X MlllllHaß fll iKIBI I <1 k! IrirU I Public Sector category Housing and Development Board Inland Revenue Authority of Singapore Private Sector Open category I ERA Realty Network Pte Ltd Natsteel Ltd Local Enterprise category 0, Koeneman Capital Management Pte Ltd '1 fl^HKS|@b£?
      220 words
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  • FOCUS: EUROPEAN MONETARY UNION
    • Article, Illustration
      Countdown to euro gathers steam
      1098 16  -  Supporters believe monetary union will boost European economies and cut business costs, but inconveniences are expected during initial period From Neil Behrmann in London THE die is cast. Despite considerable financial and economic obstacles, key European nations are determined to introduce the "euro", the continent's
      1,098 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      402 16 < v ;v -I-*.. -Zulj, M giftj|s©y§3s «,1 1 KU *«4~ 1 i Y.*- -"i ■<■>...■ ff._ -.M>r sj .w r */•<&# J It is a battle of strength and endurance, F >- :V .vf-V !'v :t'' J .i S'-:'r" a show of grace and confidence, at The Rolex International
      402 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Australian MP rattles racist skeleton
      811 17  -  THE bottokldvb OPINION By Kevin Clarke The writer is a Melbourne journalist who contributed this to BT THERE are quite a few racist skeletons rattling around in Australia's closet And one that was taken out and dusted down two weeks ago would have sent a
      811 words
    • Article
      IN OTHER WORDS
      133 17 'We have never made love to each other. We have not even shared the same bed or slept together. We did hold each other and gave each other a kiss but only on the cheek or on the forehead, never on the lips.' Reverend Roderick Wright former
      133 words
    • Article
      Container terminal compromise
      607 17 EDITORIAL THE compromise deal struck by China and Britain over the new Container Terminal 9 project last week has raised charges that the four-year impasse has cost the colony a great deal in both time and money. Such criticism misses the point There is a new mood
      607 words
    • Article, Illustration
      Lock icon Dark side of success
      1127 17  -  While Japan's manufacturers bask in international snccess, its banks languish in disrepute By Gerard Baker Financial Times NEXT month Sony, probably the world's most successful consumer electronics company, will launch its latest home video product. A five-inch camcorder, it uses the latest digital technology and promises
      Financial Times  -  1,127 words
    • Article
      WHAT THE OTHERS SAY
      867 17 LDP Mt to exploit system THE most significant problem in selecting candidates for Japan's upcoming Lower House election concerns an approach to the proportional representation constituencies, one of two methods of seeking office along with single-seat electoral districts in the new electoral system. The attitude of
      867 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      61 17 DOOHESBORT By Garry Trudeau W MOWING, m /wminqM r rF* I ING ATA LAMB PUCK. AUMHY jmse w p&gj 1 USTBN, PBOPIS. I FACT, 7HB PR&& B AU&W\ ARB YOU YOURS'OH, \f p&nTrJ THBReSALOTOF SPeCULATJNG ABOUT ThaNßXl] I /N MY SORM *R |Jt FOOUSH TALK GOING ÜBCTION CXCLB. ABOUT M*
      61 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Diana's the star at charity event
      501 18  -  Royalty still outshines luminaries at the Super Sale gala, says roz&mme bobbbts ROXANNE ROBERTS LAT-WP IF YOU are a person who likes royalty, discount shopping and a good cause, the only place to be on Tuesday night was the National Building Museum in Washington.
      LAT-WP; REUTER  -  501 words
    • Article, Illustration
      Lock icon Ready to bare all?
      48 18 [LONDON] Royal family look-alikes playing (from kft) Lady Diana, Prince Charles and Camilla Parker Bowles arriving at the launch of Television X's new schedule on Tuesday. Theneuf schedulejbr the cabk channel willfieatun a nude soap opera with Royal family look-alikes called "Crown Chronicles". REUTER
      REUTER  -  48 words
    • Article
      Lock icon Eastwood pays Locke to settle suit
      450 18 PEOPLE Juror says panel had boon ready to find in favour of Locke Reuter [BURBANK, California] Clint Eastwood agreed on Tuesday to pay his ex-lover Sondra Locke an undisclosed sum to settle a civil suit in which she claimed the movie star sabotaged her
      Reuter  -  450 words
    • Article, Illustration
      Audi wheels out one for the power-hungry
      597 20  -  MOTORING The S8 is for those who want to live out a wild fantasy behind* dignified front Reports By Ven Sreenivasan THE Audi S8 is a wolf in sheep's clothing. For behind its staid appearance is a mean machine capable of rocketing you
      597 words
    • Article, Illustration
      Audi's electric car – cruising on S'pore roads by year 2000?
      374 20 Audi's electric car cruising on S'pore roads by year 2000? OVER the years, interest in the electric car has risen and fallen in tandem with the ebb and flow of oil. Almost all concepts of electric cars created over the last two decades have proven to be too cumbersome, impractical
      374 words
    • BUMPER to BUMPER
      • Article
        Jaguar is Manufacturer of the Year
        63 20 JAGUAR has been voted Britain's top car manufacturer in the Manufacturing Industry Achievement Awards. The Manufacturer of the Year award recognises the major quality, productivity and management improvements at Jaguar's facilities over the past few years. It specifically cites the significant quality and efficiency
        63 words
      • Article
        BMW doing well in the Philippines
        52 20 GERMAN luxury car maker BMW is making remarkable headway in the Ph U ippines. In the predominantly OtD{<&> completely knocked-down) market, where most cart are assembled locally, the German marque expect# a 100 per I cent increase in sale# this year to over 1,000
        52 words
      • Article
        Starsauto offers $100,000 in lucky draw
        78 20 HOT on the heetoof Borneo Motore and Cycle Carriage (CAC), Daewoo distributor Starsauto has Jumped onto the lucky-draw bandwagon. Those who buy the popular Korean car stand a one-in-30 chance of winning $100,000 cash. CScC is offering Proton buyers a one-in-15 chance of winning
        78 words
      • Article
        Road taxes back on the road
        68 20 HOW much of road-related taxes go back to road expenditure? An International Road Federation (IRF) survey of 10 Western countries ranked the top three as Iceland (63 per cent), Norway (57) and Austria (50). Denmark, the UK and Netherlands were at the bottom with
        68 words
      • Article
        Tyre industry expo in October
        43 20  -  Compiled toy Christopher Tan ASIA'S first trade show for the tyre industry, Tyrexpo Asia '96. will be held during Oct 29-31 at the World Trade Centra. This event caters for the tyre and retread manufacturers and related services.
        43 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      125 18 Monday Morning m m WJF T*.»'B *~i i min v tmm. u. :^-:s<lP^£i--^,^iZl|jgg~jfrg^^^^^^ -"bp*- —v •J—™ Lets you stay in touch wherever you may be. Works with any PC for quick and easy data exchange, transfer and backup. Compatible with any handphone, so you can "grab" information off your office
      125 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      650 19 SINGAPORE BUSINESS jLTSINGTAO BEER Where to wine dine and entertain of the moet apprecleted beers In the world iU nmc 5 UUIC dllU ClilCl U1UL..... Our Great Seafood Promotion Is Back! $31.50+++ Child: $18.50+++ Every Friday and Saturday From 6.30pm to 10.00pm. Reservations, please call 731-7990. W^iayS^aoiMnA»»« /u/& loutm* CONNOISSEURS
      650 words
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      Page 19 Advertisements Column 2
      114 19 iiQGEST Dian Xm Restaurant L At The Neptune on Shenton Way i Dian Xin/Lunch 1 1 /g\ ,<■ i 11.30am-2.30pm 7TH floor, overseas umon mouse. X/olde/i SXih Q/HooncaAed 26 August 27 September gMHB Each Golden Xin jflß Mooncakes is handmade with the best BMB ingredients by our top Hong Kong
      114 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      715 19 TV&RAPIO 115 Kind Ml AM Morning News/CNN. I*2 MnniC'iSL nner l, Of a Drag. tJM Mesej Pagi I ll a a "fn o ney ILM Silk Stalking Friendly ®JO Apresiasi. Asian Property Report Persuasion. ijo DJ Corner. ,~J tv innnuatinm 12 45 AM Vldz fr). 10.30 Majalah Wanita. a!am KS'
      715 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      331 19 CKVFTIC CROSSWORD ACROSS j p —i g 5 a—^ 1 Earlier editions include remedies I 1 for lumbago (4,7) 9 Looked as though the engineers J~~ got a point, but the doctor won (9) I I I I I 10 Skip the sauce (5) 11 Wearing an article of jewellery
      331 words
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      45 20 Your company just assigned you all of Eastern Europe. You have no contacts, no one to show you the completely on your own. S" «wf* Except for us. I om. While other we~»t-';"* T-? S'OV/'y > '"J IH Or. ,'t'i j there c"iil -Vr, "'j Lufthansa
      45 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Shangri-La group interim profit up 20% to $9.4m
      464 21  -  Group also announces special dividend, l-for-10 bonus issne to mark flagship's 25th anniversary By Agnes Wee [SINGAPORE] Listed ShangriLa Hotel Ltd yesterday reported a 20-per cent rise in group interim net profit to $9.4 million and announced a special dividend and one-for-10
      FILE PHOTO  -  464 words
    • Article
      Guthrie GTS' interim profit up 129%
      397 21  -  Company alio plans bond-cum-warrant issue to raise $130 m By Ven Sreenivasan [SINGAPORE] Guthrie GTS yesterday reported a 129 per cent rise in interim group net earnings to $4.14 million for the six months to June 30, up from $1.81 million last year. The
      397 words
    • Article
      Can Wing Tai ride wave of diversification successfully?
      647 21  -  HOCK LOCK SIEW Lee Han Shih AMIDST the publicity of Wing Tai's unexpectedly good results, most have missed a symbolically important fact. This year, the company, which began life as a garment manufacturer, would have completely relocated the last of its garment
      647 words
    • Article
      Lock icon HK Land's property income up 6.6%
      485 21 Firm says USs2lBm gain on disposal of Trafalgar House will boost fill-year result AFX-Asia [LONDON] Hongkong Land said first half net income from properties rose 6.6 per cent to U*****.2 million (***** million) from U*****.9 million. Hongkong Land said the interim dividend will be
      AFX-Asia  -  485 words
    • Article
      Hai Sun Hup to treble managed hotels
      318 21  -  By Jenny Lam (SINGAPORE] Listed Hai Sun Hup will nearly treble its managed hotels from eight to 22 with the proposed purchase of a 50 per cent stake in Hong-kong-based hotel management company Koppen Yan Zimmermann Holdings Ltd (KYZ). The company said yesterday
      318 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon Easyknit expects S'pore float to raise over HK$100m
        363 22 [SINGAPORE] Easyknit International Holdings Ltd plans to raise more than HK$lOO million (5118.2 million) by selling shares in Singapore for the expansion of its retail business. Easyknit is a garment exporter that's publicly traded in Hongkong. It buys and exports cotton-based fabric
        FILE PHOTO  -  363 words
      • Article
        JC-MPH denies plan to sell Aussie property firm
        368 22  -  Company says it is satisfied with AV Jennings' performance By' Ven Sreenivasan [SINGAPORE) Listed Jack Chia-MPH Ltd (JC-MPH) has denied reports that it is planning to sell its recently acquired Australian property developer, AV Jennings Ltd. Responding to BT's query following a
        368 words
      • Article
        UOB ranked third in global survey of bank profitability
        397 22  -  OCBC, DBS in top 20; US-based Wells Fargo heads list By\ Shiv Taneja [SINGAPORE] United Overseas Bank has been placed third in a global ranking of real banking profitability, while OCBC Bank and DBS Bank are in the top 20, says
        397 words
      • Article
        Tibs $1.6m in the red at half-time
        159 22 [SINGAPORE] Transport operator Tibs yesterday posted a first-half after-tax loss of $1.59 million from a profit of $3.4 million previously. Turnover rose 22 per cent to $77.4 million for the period to June 30, due mainly to the taking over of 17 bus
        159 words
      • Article
        Singamas Container posts HK$31m loss
        284 22 [SINGAPORE] Singamas Container Holdings yesterday reported an interim net loss of HK$3l.4 million (555.71 million) for the half-year ended June 30, in sharp contrast to a HK121.5 million profit in the same period last year. Loss per share came to 8.3 Hongkong cents, compared to
        284 words
      • Article
        Jardine unit raises 1.87b pesos to fund expansion
        340 22  -  •From, Al Labita in Manila A LISTED unit of Hongkong's Jardine Matheson Group has raised 1.87 billion pesos (Sslo4 million) in fresh capital to push its expansion projects in the Philippines. Jardine Davies Inc (JDI) said yesterday in a report to the
        340 words
      • COMPANY Briefs
        • Article
          GRP profit plunges 40%
          72 22 (SINGAPORE] GRP'sgroup net profit plunged 40.3 per cent to $1.51 million for the full-year ended June 30. Turnover slipped 0.5 per cent to $26.49 million. The sharp drop in earnings was due to losses at its China PVC pipes and fittings operations in Shanghai. Earnings per
          72 words
        • Article
          Mayfran earnings down 30.9%
          67 22 [SINGAPORE] Mayfran International net earnings fell 30.9 per cent to $1.77 million for the full-year ended June 30 as a result of lower gross margins and higher operating costs. But turnover rose 13.6 per cent to $20.79 million due mainly to an increase in sales by
          67 words
        • Article
          Dovechem earnings jump 37%
          87 22 [SINGAPORE] Dovechem Terminals Holdings yesterday reported a 37-per cent jump in net earnings to $4.82 million for the year ended June 30 and a 9.5-per cent increase in turnover to $58.96 million. The group benefited from higher steel drum prices and higher lease rates for storage
          87 words
        • Article
          Ssangyong Cement interim down 18.6%
          67 22 [SINGAPORE] Ssahgyong Cement net earnings for the six months ended June 30 fell 18.6 per cent to $8.6 million despite a 12.9 per cent rise in turnover to $85.7 million. The lower earnings were due to lower contributions at the company level Earnings per share
          67 words
        • Article
          Alliance Tech interim losses double
          66 22 [SINGAPORE] Alliance Technology and Development Ltd more than doubled its losses to $3.39 million for the half-year ended June 30 from $1.59 million previously. This was due to an increase in interest costs from higher borrowings, and a decrease in operating margins from its hotel
          66 words
        • Article
          Hotel in the red due to bed debt provision
          61 22 [SINGAPORE] An exceptional provision of $2.45 million for bad debts, against a major customer which has been placed under receivership, resulted in Rotol Singapore reporting a loss of $499,000 for the half-year ended June 30 Compared to a profit of $1.41
          61 words
      • Article
        GP sees slowdown in sales growth due to higher-end products
        353 22  -  Teh Hooi Ling [SINGAPORE] GP Batteries International expects growth in turnover to slow down in the next few years because it is going for higher marginbusiness instead of just more business. "In the past, when we were small, we had
        353 words
      • Article
        Italian-Thai may build 6b baht Myanmar dam
        320 22  -  From Loh Hui Yin in Bangkok ITALIAN-THAI Development, Thailand's largest contractor, will build a six billion baht (***** million) dam in Myanmar to generate power if studies find the project viable. Its co-partners in the project are Thai real estate developer MDX and
        320 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        HKMA changes LAF reference
        382 24  -  The switch from the US discount rate to the Fed Funds Target rate is aimed at checking speculators From l Quak Hiang Whai m Hongkong IN A move to strengthen Hongkong's ability to defend its currency peg with the US, the Hongkong Monetary Authority (HKMA) yesterday
        382 words
      • Article
        Lock icon China Strategic buys into Tricom
        245 24 Move part of plan to enter China's telecom market in a big way Bloomberg Business News [HONGKONG] China Strategic Holdings (CSH) said it will enter the telecommunications business for the first time by paying HK$lOO million (5518.2 million) for 37 per cent of Tricom Holdings
        Bloomberg Business News  -  245 words
      • Article
        Chip industry recovery seen only at end-97
        421 24  -  Excess inventory, falling prices driving current slowdown, says Dataquest By Jennifer Lien in San Jose THE worldwide semiconductor industry is likely to remain in the doldrums until end-1997, a senior official from market research firm Dataquest told BT. A chip industry pick-up, spurred
        421 words
      • Article, Illustration
        Lock icon Protesters just do it
        50 24 op [AMSTERDAM] An activist brandishing a pair ofNike sneakers as Dutch action groups protested on Tuesday at the headquarters of Nike-Europe against worker-exploitation in the company's sports-shoe factories in China and in Indonesia. The "Nike: Fair Play?" demonstrators presented a s,ooosignature-petition to the Nike management. AFP
        AFP  -  50 words
      • Article
        Lock icon Mobil ups capital spending to US$3.5b a year
        261 24 Bloomberg Business News [FAIRFAX, Virginia] Mobil Corp said it will increase capital spending to US$3.5 billion (554.93 billion) a year from 1997 to 2000 to boost oil and gas production. With the announcement, Mobil shifts its focus from cutting costs and selling
        Bloomberg Business News  -  261 words
      • Article
        Lock icon HK Telecom eyes Singapore market
        153 24 Reuter [HONGKONG] Hongkong Telecommunications Co Ltd said yesterday it was investigating opportunities to capitalisc on the break up of Singapore's domestic telephone monopoly. "We are looking at regional investment, and Singapore is one of those opportunities that we will look at carefully," said Pearl Tong,
        Reuter  -  153 words
      • Article
        Lock icon AT&T shares tumble after results warning
        243 24 Reuter [NEW YORK] AT&T Corp, citing pressures in its key long-distance phone business, warned on Tuesday that its second-half earnings would be disappointing, prompting some analysts to question whether the giant is nimble enough to face the bruising era of competition. The surprise earnings
        Reuter  -  243 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Indosuez shifts control here
        288 25  -  By I Shiv Taneja [SINGAPORE] Banque Indosuez has shifted control of its private banking operations in the Asia-Pacific to Singapore from Paris. The bank's private bankers who are based in Singapore and Hongkong will now report to a regional office here. The office will be headed
        CHRIS LOH  -  288 words
      • Article
        Lock icon Accountants and SEC urged to improve fraud detection
        227 25 Bloomberg Business News [WASHINGTON] The accounting industry and the Securities and Exchange Commission should take more responsibility for detecting fraud, said the US General Accounting Office. Auditors should "provide assurances over the effectiveness of internal controls in protecting assets and in providing
        Bloomberg Business News  -  227 words
      • Article
        Lock icon China's mutual funds waiting to be listed
        408 25 Govt still mailing over kind of fond industry it wants Reuter [SHANGHAI] Tens of thousands of Shanghai teachers thought they had hit the jackpot when they invested in a mutual fUnd run by one of China's top brokerages. The Baoding Fund has outperformed
        Reuter  -  408 words
      • Article
        Lock icon NatWest to sell US$5b of loan-backed bonds
        343 25 Move will help remove low margin assets from firm's balance sheet, free £250 m in capital Bloomberg Business News [LONDON] National Westminster Bank pic said it plans to sell US$5 billion (Ss7 billion) of bonds backed by corporate loans. Several specially-created companies, called
        Bloomberg Business News  -  343 words
      • Article
        Lock icon Amex sues Visa in Latin America over trade restriction charge
        430 25 Firm alleges Visa about to bar member banks from issuing competing cards Bloomberg Business News [NEW YORK] American Express Co said it sued Visa International Inc in five Latin American and Caribbean countries, charging that the bank card association is
        Bloomberg Business News  -  430 words
      • Article
        Lock icon Rubber row: Jakarta suggests talks with KL
        138 25 Reuter [JAKARTA] Indonesia has proposed talks with Malaysia to end a row over which country should provide the next executive director of the International Natural Rubber Organisation (Inro), Antara news agency reported yesterday. The official Indonesian news agency quoted Agricultural Minister Sjarifudin Baharsjah
        Reuter  -  138 words
      • Article
        Lock icon Euroyen ends Me changed
        225 25 STUTET Rej)ort Reuter [SINGAPORE] Simex Euroyen futures ended little changed yesterday after reaching a new overnight high in Chicago following the Federal Reserve's decision to leave short-term US interest rates unchanged. "There were stops going off in Euroyen as we went above the previous high. But
        Reuter  -  225 words
      • Article
        Lock icon CURRENCY REPORT
        166 25 Reuter THE dollar was well supported, having rebounded overnight from Tuesday's lows hit in the wake of the Federal Reserve's decision to leave interest rates unchanged. The mark's slide on moat of its European crosses, and yen weakness, in particular against the mark and sterling, helped underpin the
        Reuter  -  166 words
      • Article
        Lock icon NY crude higher after US supply report
        310 25 ENERGY REPORT Bloomberg Business News [LONDON] New York crude oil future* rose 10 US cents yesterday after the American Petroleum Institute report posted a disappointing rise in US distillate inventories. The APl's report featured an insignificant 303,000 barrel rise in America's distillate supplies,
        Bloomberg Business News  -  310 words
      • Article, Illustration
        Untitled
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        956 words
    • Article
      COMMODITY PRICES
      1365 27 hoom rurum sep25 ..imt, aw mm om 55hT wm uw 8«t «—w) fcrtrwt MM 5Eo5 iwl® 17*50 750 too Sftt £00 183.00 moo MO 1250 StS Eoo 17*50 181.50 800 2250 JmAff 5S0 ***** 185.50 1125 4900 Ap/jwfT moo moo mso 2175 «oo Jtf/S«97 mso WJ§ *7-50 *75
      1,365 words
    • Article
      WORLD STOCK MARKETS
      2061 27 ma hh» *h A6 Port* 275 1400 Appoy National -1 ANodOomocq 453.400 *1400 Arnoc <04.400 1 AM* Group 109 2 •ATM 441 unch MCC 299 *5 60C Croup 677 *3 WMntMii 639.400 4.400 6TR 271 4.*00 Kn* of Scotland 247.400 -2.600 6ardayt 931.400 ♦1.400 S*M 762 6
      2,061 words
    • Article
      Lock icon TOKYO
      1595 27 Reuter Hwikketaas +I7BJB STOCKS closed higher yesterday, mainly encouraged by institutional investors' buying in the semiconductor sector. But many brokers said the chip market has not yet bottomed out and that it was not likely to continue keeping the whole market afloat. The 225-share Nikkei Average gained 178.68 points
      Reuter  -  1,595 words
    • Article, Illustration
      Lock icon HONGKONG
      1661 28 Reuter UjHangSeng ***** STOCKS ended on a firm note yesterday, although well off the day's highs, after rotational trade in blue chip shares. Brokers said investors took the opportunity to do some portfolio re-positioning, now that interest rate uncertainty had been eased by the Federal Reserve's decision to hold
      Reuter  -  1,661 words
    • Article, Illustration
      Lock icon CHINA
      641 28 Reuter C 3 Shanghai B Share Index -0.28 SHANGHAI B shares closed lower yesterday in dull trading, with overseas selling likely to push the index down to test the 47-point support level in the short term. The index slipped 0.28 point to 48.56 on a volume of 9.1 million
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  641 words
    • Article
      Lock icon TAIPEI
      361 28 AFP □WP Index -3M3 SHARE prices finished 0.6 per cent lower yesterday as local investors sold stocks amid a lack of fresh incentives. "Retail investors followed domestic fund managers to reduce shareholdings, despite increased buying by foreign institutions," said a trader The TSE Weighted Price Index declined 39.33 points
      AFP  -  361 words
    • Article
      Lock icon WELLINGTON
      281 28 AFP P Wellington AM SHARES retreated from a new two-and-a-half year high reached in early trade to end a touch lower yesterday. The NZSE-40 Index closed 4.09 points lower at 2,244.10, having reached 2,252.20. AFP ta»n «n ctm A HZ B+nkx>q 7.90 0.10 ***** AOvontogot HI09S US unch *****
      AFP  -  281 words
    • Article, Illustration
      Lock icon BANGKOK
      835 28 AFP □SETMn -7.27 SHARE prices fell 0.7 per cent yesterday as investors stayed on the sidelines and government coalition parties sought a successor to outgoing Prime Minister Banharn Silpa-ar-cha, dealers said. "The market could go down further if a new prime minister cannot be found, but speculative investment by
      AFP  -  835 words
    • Article
      Lock icon SEOUL
      419 28 AFP rl Composite Index +1&30 SHARE prices closed 2 per cent higher yesterday, extending a cautious rally based on expectations of increased foreign fund inflows, dealers said. The Composite Price Index rallied 15.3 points to 793.21. Trading was 30.4 million shares worth 622.6 billion won. Rises beat falls 622
      AFP  -  419 words
    • Article
      Lock icon SYDNEY
      619 28 AFP PAHOrdnuuTM SHARE prices jumped 1.1 per cent yesterday after US authorities decided to leave key interest rates unchanged. "The banking index was up nearly 2 per cent with stocks very, very strong after the US decision not to increase rates," a broker said. The All Ordinaries Index rose
      AFP  -  619 words
    • Article, Illustration
      Lock icon JAKARTA
      661 28 AFP Q Composite Index +2JS2 SHARE prices rose yesterday amid corporate support for Lippo Life and speculation over Astra International. A trader said that although there was a lot of activity, it was centred on Lippo and Astra stocks. "Other than that, you have selective buying which was not
      AFP  -  661 words
    • Article
      Lock icon MANILA
      351 28 AFP Q Manila jL44 SHARE prices closed lower yesterday as investors reacted to the US decision to leave interest rates unchanged. "They're digesting the news," said a trader, adding that investors are wondering if interest rates would still be raised next month. The Composite Index eased 1.44 points to
      AFP  -  351 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks rise, led by Maybank
        7872 29 Bloomberg Business News Composite Index +6M STOCKS advanced yesterday, led by Maybank, amid optimism interest rates may be at a peak. 'interest rates are unlikely to rise, which will benefit the banks," said an analyst. The KLSE Composite Index rose 5.59 points to 1,129.3k Turnover
        Bloomberg Business News  -  7,872 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2438 30 MALAYSIAN STOCKS Cr Or 1996 Last VM Day Last Ouota W» OI» Y« UK M Cap High Low Stuo Cimpawy Ml *h COOP) High 1— Buyar Saiar Cvr P/K $wi *625 360 ms 5000 AIS850C 420 *2 18 422 420 412 416 10 4.9 OJ 87.9 430.8 119
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    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        888 31 TURNOVER COOO) VALUE COOO) M*» em rti cut T«to< MtttrW 25,424 7,5*7 13,011 72,499 13.482 85,961 nMOC« 2.43* 3.129 5,544 28,024 *,903 36.926 HtWl 1,164 710 1,694 3,090 1,376 4,466 Aro#«rt*J 4,914 10,969 «JTO 22,260 19,201 41^61 1.T76 1,176 3,074 3,074 MMn« 499 499 U92 U92 6LW 2.523 7,064 9,607
        888 words
      • Article, Illustration
        HOT STOCK
        70 32  -  Paul Leo ASIAN PAC HOLDINGS'faII from its year high of $161 to $1.19 yesterday is ending soon. Support is at $1.10. Weekly Relative Strength Index is near oversold territory while the daily and monthly indicators are neutral The moving averages are about to cross each other and start
        70 words
      • Article, Illustration
        Investors indifferent to Fed decision to maintain rates
        917 32  -  STOCK MARKET COMMENTARY Bat ramonr-driven buying poshes up Creative, UIC while KL Second Beard reaches new peak By R Sivanithy [SINGAPORE] News that the US Federal Reserve did not raise interest rates on Tuesday failed to lift the local stock market yesterday,
        917 words
      • ON THE GRAPEVINE
        • Article
          Up and running again
          67 32 AFTER a longish lull at Salomon Brothers' research outfit, we hear that the weekly research report which had acquired quite a loyal following is to be started up again. Yesterday, the US investment bank issued a report on Singapore banks, in which they said the outlook
          67 words
        • Article
          Red tide in bond market
          134 32 THE Russians are about to assault the market with a series of bond issues and the market will lap it up. Euroweek quoted bankers as saying that they believe Russia could be the hot market for the rest of 1996. According to the bond newsletter,
          134 words
        • Article
          Hurry, hurry
          80 32 TEMPLETON has extended the discount period for its China and Asian Smaller Companies ftinds to the end of September to cater to the demand still coming in, according to distributor Standard Chartered Bank. The discount period was supposed to have ended on Sep 20 but with applications still
          80 words
        • Article
          Will Dresdner follow?
          45 32 NOW that Tempteton has extended their discount period, it remains to be seen whether Dresdner (SEA) Thornton which launched its Asia Tiger ftind the same day as Templeton and targeting similar countries, will extend their bonus period when their launch ends tomorrow.
          45 words
        • Article
          Fireproof dealers?
          57 32 WE ALWAYS know brokers are a different breed but now we know they are also fireproof. A BT journalist was talking to a dealer when the fire alarm rang in the dealer's office. When asked whether he needed to respond to the alarm, the dealer replied: "Dealers are
          57 words
        • Article
          Chance for an early drive home
          74 32 THAILAND may be searching fbr a new prime minister but to the long-suffering motorists, it boils down to whether they can get hotae early. When a stockbroking analyst heard on Tuesday that Prime Minister Banharn Silpa-archa was giving a press conference at his residence
          74 words
        • Article
          Imagine by McDonald's
          55 32 MCDONALD'S effort to get a Scottish sandwich restaurant to drop the Mc from its name McMunchies has drawn a response from a British newspaper. The paper said just imagine the news being read by Trevor Donald, songs sung by Paul Cartney and a former British prime minister
          55 words
    • Article
      MAIN BOARD
      4604 31 at Cr M Wt 1998 Last Vtf Doy Last Ouot. 01* CMv YM Net Cop Avg High Law St No Company COOO) High Low Buyer Sot lor C*r H P/I Jmll Price MWSTRMU 5146 ASE NT$K> 200 US- 1000 1000 ASF US$0.0! 100 UStOOO unch 10 1000 1000
      4,604 words
    • Article
      SESDAQ
      840 31 w laat V«l Day Laat OmM On Mr ni M Cm A»9 Mm u» >w cmmm roooi w» u> m» cw wi $3 ww 289 13S 2000 ABftHMuSc 166 »2 41 167 164 165 167 3.0 MJ 0.1 10U 7M 166 90 66 2049 AS Auto 10c 77.5 undi
      840 words
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      162 22 DBS to cash n^k Venturing "cash-for-invoices and I# someone else assume os 35* M the responsibility for bad debts? We also Help to cut your administrative DBS Factors has a worldwide network w< s' cost undertaking that does just that. In fact, we're the "Medio*, sales ledgering and only factor
      162 words
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      Page 23 Advertisements Column 1
      220 23 WingTai Asia whole new look that will grow on you. Wing Tai, the premium name in quality homes, will have growth and, being deeply rooted, it reflects our commitment to fittings and details from around the world. Homes that are better a brand new corporate identity. serving the communities of
      220 words
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      Page 24 Advertisements Column 1
      322 24 REMINDER ROBERT FLEMING CO. LIMITED (Incorporated in the United Kingdom) To: All holders of Warrants 1994-1996 issued by Robert Fleming Co. Limited relating to ordinary shares of Jardine Matheson Holdings Limited SUSPENSION OF TRADING OF WARRANTS ON THE STOCK EXCHANGE OF SINGAPORE LIMITED Trading in the Warrants 1994-1996 ("Warrants") issued
      322 words
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      Page 24 Advertisements Column 2
      243 24 NOTICE OF CHANGE OF SPECIFIED OFFICE OF WARRANT AGENT To: All holders of Warrants issued by Robert Fleming Co. Limited relating to:(1) ordinary shares of DBS Land Limited; (2) ordinary shares of Jardine Matheson Holdings Limited; (3) "foreign" designated ordinary stock units of Oversea-Chinese Banking Corporation Limited; and (4) ordinary
      243 words
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      Page 24 Advertisements Column 3
      24 24 For further information on which newsstands carry Her world, Go, Singapore Business, Home Decor, Young Parents please call our Customer Services Section on 1800-749-2577
      24 words
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      Page 25 Advertisements Column 1
      106 25 Stock Investors Wanted An aggressive new SE Asian Investor Relations company with affiliated offices world-wide seeks investors interested in participating in an exciting Indonesian gold project. Investors who participated early in Indonesian mining project "Bre-X Minerals" saw returns in excess of 25,000%. A publicly trading Canadian mining company, "Yukon Gold",
      106 words
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      Page 26 Advertisements Column 1
      63 26 INLAND REVENUE AUTHORITY OF SINGAPORE Taxing the limits. Of technology, that is. ££LJT Creating one of the world's most m technologically-sophisticated tax administrations meant 1996 you had to push the limits of what technology can do. We're proud to be your partners in progress. Congratulations to IRAS on winning the
      63 words
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      Page 28 Advertisements Column 1
      200 28 >L v\ Here's An Opportunity To Enhance Your Corporate Presence For •not*** or *d bookings, com** fl W 1 I .r- L -r L William Tan *****28 I I I I To launch the Singapore Regional Index, a Special Feature will be published with The Straits p Subramaniam 740 2043
      200 words
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      28 29 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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      Page 29 Advertisements Column 2
      57 29 GENEVE /W^ C~T if 't tv J'or those driven by passion, precision andexceptional muc£ as Available excknhrety at: Ngee Ann City Tel: 733 0618 Lucky Plaza let: *37 4593 Marina Square Tel: 338 4006 Suntec City Mall Tfefc 337 5150 SINCERE •KL Plaza Tel: (03) 241 0540 Star Hill Shof>pi*g
      57 words
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      79 30 Counters (Buy/Sell Vbkime Index Market Reports a Overbought/Oversold I• Market j Am .momuiw Mrvice Acc«» up to 3 SES counter j in one telephone call at 30 cents per call An miom wite M Call us today on Tel: 748 6608 for further information on STOCKPAGE or TELESTOCK Services. «JL
      79 words
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      235 31 lb: 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 lick the appropriate box; prices include GST). Subscription Period Ql2 months J 6 months 3 months at 5560.00 atSs4o.oo atSs2s.oo
      235 words
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      Page 32 Advertisements Column 1
      1260 32 Home Decor For people who love their homes BUSINESS Notices 10 v I}NIKII s1( A 1 1 1011•' Kl 1 S(M) 741 »nn3] IN THE HIGH COURT Of THE REPUBLIC OF SINGAPORE Companies Winding-Up No. 215 of 1996 In the Matter of the Companies Act (Chapter 50) And In the
      1,260 words
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      Page 32 Advertisements Column 2
      125 32 The^^BuslnessTimes A bold rwta*adifc*fpm*ioteKwadvm .Fmwiifeimad**temeaagofteirM. Shaper tea Ottawa ad ttrttt. Deeper mtfk of lot ad nnt opm ad ccaneavy. **"1 •Start my I theßusinessTimes (Subscription now! I $U5.20 (12 RMnthi for 1000 j Nime (Mr/hn/Mi/Dr*): J I I Addr«s j I Telephone No (H): I |(C* Occupation; I TWFix*:. II
      125 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      312 33 Bridge News, Reuter THERE was a little more activity evident on the freight market, although rates remained at low levels for most sizes, brokers said. A mixed day for Biffex with strange games during late trading, Clarkson Wolff said in its daily report. The BFI came in 2
      Bridge News,; Reuter  -  312 words
    • Article
      MARITIME STOCKS
      307 33 its 'ooo n»» a »i CWT Mttrtbutton 1.12 -O.Ot 32 ChuanHup 0.96 unch 78 CtKomntiMnl _L30 unch S3 rets 7.00 unch 52 Fralght links 0.70 -0.01 1 Gb Holding! 0.93 *0.009 9 Hal Sun Hup 1.01 *0.019 38 Hitachi Zosan 0.845 *0.015 49 IMC HokSkwp —HK 5.60 Jaya
      307 words
    • Article
      Iranian carrier to make S'pore its S-E Asian hub
      383 33  -  National shipping line plans to doable calls at S'pore to 20 a month By] Felix Chan [SINGAPORE] The Islamic Republic of Iran Shipping Lines (IRISL), which has one of the largest merchant fleets in the Middle East, plans to make Singapore
      383 words
    • Article
      ICTSI ready to go to court over Subic Bay award
      209 33  -  From, Al Labita in Manila PHILIPPINE port operator International Container Terminal Services Inc (ICTSI) says it will go to court if President Fidel" Ramos upholds Subic freeport's decision to award a terminal contract to Hongkong-based Hutchison Whampoa. "We are just
      209 words
    • Article
      Lock icon Cosco unit to spend US$300m on boxes
      113 33 Reuter [HONGKONG] China-backed Cosco Pacific Ltd will spend a total US$3OO million (Ss42o million) to buy new containers in 1997, deputy general manager Kelvin Wong said on Tuesday. Half of the HK$l.55 billion (*****.1 million) recently raised from its 250 million share placement
      Reuter  -  113 words
    • Article
      Container prices forecast to remain soft for a year
      240 33  -  DiTERMODAL ASIA 96 Major shake-up in next 12 months: conference speaker By] Rahita Elias [SINGAPORE] Prices for containers are likely to remain soft over the next 12 months, despite an increase in shipping capacity and the resulting strong demand for containers.
      240 words
    • Article
      Call to help fund IMO's technical cooperation scheme
      267 33  -  WORLD MARITIME DAT Reports by Yong Mei Fong [SINGAPORE] International Maritime Organisation (IMO) secretary-general William O'Neil has urged governments and the the shipping industry to do more towards funding the IMO's technical cooperation programme. In his speech commemorating the week-long observance of
      267 words
    • Article
      Local shipping urged to prepare for STCW
      157 33 [SINGAPORE) Shipowners and managers here must prepare themselves for the implementation of the revised Standards of Training, Certification and Watchkeeping (STCW) convention for seafarers. This was the message from Maritime and Port Authority of Singapore director-general Chen Tze Penn, when he spoke at
      157 words
    • Article, Illustration
      ICTSI chairman doesn't back away from a fight
      586 33  -  SHIPSHAPE By. Alec Almazan 1F THERE'S one thing Enrique Razon Jr learned during his stint as a young stevedore in the rough and tumble world of Manila's waterfront, it is that you don't back away from a fight. As chairman of International
      586 words
    • Article, Illustration
      Lock icon Liability for cargo looms large
      1108 34  -  TRANSPORTATION INDUSTRY: PRESSURE ON CARRIERS TO ENSURE SAFE DELIVERY Dutch study shows shippers face many problems with loss or damage because the current liability regime gives carriers little incentive to improve, but that could change if enough shippers apply pressure Bji Gerard Verhaar American Shipper
      American Shipper  -  1,108 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      302 34 PACE Ethiopian 6 ACL 11 Eurohans 6 Aeiocean 13 Evergreen 6 ANL 3 Famous 7 Able 13 Feedertrans 7 Accord 12 FL-Bright 7 Ahrenkiel 4 FoongSun 12 Appenship 4 Frota 12 Astro 3 Frt *ortd 7 Austral 11 G In* 12 Avant 6
      302 words
    • Article
      SHIPPING GUIDE
      15303 40 EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'i Name Nam# Numper Number SIN Destn Name Name Number Number TO BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 27/09 2*/n Clan S A GOODLUCK/rBN V.I50SB *5 51*7614 Ivory Coast, Cote D'lvoire 04/10
      15,303 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        757 47 V«ss«l Voy No Berth Arrival Departure BtAfrual 4/96 JO, alongside 26 09/0100 8t Berliah 45/96 XI alongside 25 09/0500 M Hatapan J *****6 J01 alongside 25.09,1415 Bt AM Ind 7/96 XI alongside 25.09/21)0 at 1*1 11 ***** J01 alongside 25.09/1800 WLM44 ***** J01 alongside 25.09/1800 8t P letor
        757 words
      • Article
        CONTAINER SCHEDULES
        1776 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/B«l«nc* Rstls Ship Voy No Etb/Btr Period From To From kUM 309C 24/2000 U 25/400 25/1459 25/19M a 25/hm n/M* 25/hm 24 25/1700 24/0*59 26/0900 kitw MB 24/2159 i 25/HM 25/1*59 25/1*00 21 21/1790 24/0*59 26/0900 1 24/0700 24/1159 2t/MOO
        1,776 words
      • Article
        GLOBAL HOLIDAY
        199 47 Sept 20 South Korea: Chusok (Korean Thanksgiving). Sri Lanka: Market and Public holiday. Sept 27 South Korea: Chusok (Korean Thanksgiving). Taiwan: Mid-Autumn Festival. Sept 28 South Korea: Chusok (Korean Thanksgiving). Taiwan: Teacher's day (Confucius' birthday). Oct 1 National Day holiday (to Oct 2). Nigeria: National Independence Day. Oct
        199 words
      • Article
        COCKETT BUNKER MARKET REPORT
        938 47 THIS report, compiled by Cockett Marine Oil Ltd. shows price range* in US dollar* in *tead of tingle price* for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        938 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon South Australian firms in alliance to win projects
        289 48 State aims to help 30 member companies win major Australian and offshore deals Reuter [ADELAIDE] About 30 South Australian defence companies, including British Aerospace Australia, have formed an alliance to win msuor Australian and offshore projects, the state government said yesterday. Speaking
        Reuter  -  289 words
      • Article
        Lock icon S Korean car makers invest US$6.5b overseas
        128 48 Bloomberg Business News [SEOUL] South Korean car makers have invested U556,556 billion (Ss9.l billion) overseas so far this year, the Ministry of Trade, Industry and Energy said. Daewoo Motors Co, South Korea's third largest carmaker, has invested US$4.9l billion, or a 74.9 per
        Bloomberg Business News  -  128 words
      • Article
        Lock icon German aerospace sector calls for govt support
        268 48 Bonn urged to back major European defence projects Reuter [BONN] Germany's aerospace industry urged the Bonn government on Tuesday to commit itself to orders for major defence projects like the fournation Eurofighter or risk jeopardising the sector's future. "A decision must be taken
        Reuter  -  268 words
      • Article
        Lock icon Japan govt to favour small airlines
        134 48 Reuter [TOKYO] The Ministry of Transport plans to give small airlines and new carriers priority when it allocates new slots at Tokyo's Haneda airport, which is mostly used for domestic flights, in an effort to promote competition in the industry. a newspaper said yesterday.
        Reuter  -  134 words
      • Article
        Lock icon UK agency expected to rule on BA-American alliance soon
        275 48 Trade minister likely to give verdict in next few weeks Reuter [LONDON] Britain's Office of Fair Trading is expected to advise trade minister lan Lang within the next few days whether or not British Airways' alliance with American Airlines should be
        Reuter  -  275 words
      • Article
        Lock icon Sharing of air safety data urged
        182 48 Reuter [MIAMI) A worldwide network to share information on air safety should be set up to swap and disseminate the wealth of data that already exists to make flying safer, a top industry official urged here on Tuesday. "We're going to have to find
        Reuter  -  182 words
      • Article
        Lock icon Asia's air traffic set to soar: HK official
        152 48 Reuter [HONGKONG] Hongkong's Financial Secretary Donald Tsang said on Tuesday economic growth in the Asia-Pa-cific would fuel global aviation traffic in coming years. "Economic growth has been the catalyst for expansion of the region's aviation business," Mr Tsang said at an aviation
        Reuter  -  152 words
      • Article, Illustration
        Lock icon Hanoi to get aid for road upgrading
        66 48 [HANOI] Municipal workers painting a central road barrier in downtown Hanoi during morning rush hour yesterday. The World Bank has pledged US$24.B million (5534.7 million) to upgrade the capital's shabby road network and restore order to its treacherous streets, where across the country
        REUTER  -  66 words
      • Article
        Lock icon EC gives nod to joint venture
        176 48 AFP [BRUSSELS] The European Commission on Tuesday gave its approval to the non-mili-tary aspects of the proposed venture between arms maker British Aerospace and Lagardere of France, a spokesman said. The two announced last month the formation of a joint venture known as Matra
        AFP  -  176 words
      • Article
        Lock icon Ford, Chrysler vans subject to safety checks
        188 48 Bloomberg Business News [WASHINGTON] A federal safety agency said it is investigating complaints of possible defects on Ford Motor Co F-150 pickup trucks and Aerostar mininvans, and Chrysler Corp minivans. The National Highway Traffic Safety Administration opened the reviews in August after receiving
        Bloomberg Business News  -  188 words
      • LOG Book
        • Article
          British Telecom and Spectrum team up
          58 48 (SINGAPORE] British Telecommunications pic has entered into a strategic partnership with Singapore-based Cargo Community Network (CCN) to provide the Cargo Community System (CCS) and telecommunications services to Indonesia and the Philippines, which do not have their own systems. Singapore's CCS, called Spectrum, provides electronic
          58 words
        • Article
          Lock icon South Korean car exports up 33.3%
          61 48 AFP [SEOUL] South Korean car exports jumped 33.3 per cent year-on-year to 86,455 units in August, manufacturers said yesterday. Cumulative eight-month exports of South Korean autos this year increased 16.4 per cent from a year earlier to 731,745 units, helped by active marketing in
          AFP  -  61 words
        • Article
          Lock icon China bicycle makers losing money
          100 48 Bloomberg Business News (SHANGHAI] Half of China's 75 major bicycle makers are losing money, reflecting overcapacity and slack demand, the Business News reported yesterday. China now has the capacity to make 50 million bikes a year, though it actually produces 40 million. Demand is estimated
          Bloomberg Business News  -  100 words
        • Article
          Lock icon Proposal for sale of Argentine airports
          86 48 Reuter (BUENOS AIRES] The Buenos Aires Stock Exchange proposed that Argentina's government-owned airports be sold directly to the public through the exchange. Argentina's Congress is currently reviewing the possible sale of the state's 59 airports, ranging from Ezeiza International in Buenos Aires, to small,
          Reuter  -  86 words
        • Article
          Lock icon Daimler works council refuses overtime
          59 48 Reuter [FRANKFURT] The works council at Daimler-Benz AG said yesterday that it would refuse overtime work in a bitter row with the German industrial group which said it would cut sick pay benefits. Daimler works council chairman Karl Feuerstein said that the council board had
          Reuter  -  59 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1786 48 CITY FLIGHT ETA FII6MT ETD C—0*a SM83 2W5 S044I 1530 Guangzhou $0803 1905 S0804 1020 Adelaide S0230 1830 CZ3S3 20<5 i OfW 1930 Hud VN74I 1300 VW740 1410 Amsterdam KL843 0455 KL838 2300 Hat Yal TG407 2105 TG408 0820 04.25 0650 0L26 2355 WW5 2W5 I—W
        1,786 words
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      Page 33 Advertisements Column 1
      16 33 Liability for cargo looms large for carriers Pressure on them to ensure safe delivery. Page 2
      16 words
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      Page 33 Advertisements Column 2
      230 33 South Australian defence firms form alliance Aim to win major Aussie, offshore projects. Back Page Fleet Manager Software October 9, 1996 fSSS»L Harbour View Dai-ichi Hotel FIeetUUORKS 81 Anson Road, Singapore Inventory Moint«oon<« Systems a Learn how your company can reduce inventory, maintenance 'jIA and communications costs with Fleet Manager
      230 words
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      Page 34 Advertisements Column 1
      620 34 SINGAPORE CAUFOfWM EXPRESS (DIRECT FROM WEST COAST) I" [QULF KARACHI EXPRESS (QKX) vissa vor oak van sea la sm vessu vor mm ju km coi sm CHESAPEAKE lAY 02W 02/01 05/01 05/01 01/01 24/01 DUOAI lAY OSE 14/01 15/01 20/01 74/01 30/01 HONG KONG aPtISS 03W 01/01 12/01 12/09 It/Of
      620 words
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      Page 34 Advertisements Column 2
      621 34 Lines services represented [fJg«V "y MembersoJ the Registry at Members of the \sXgo)j Accredited Shipping Agents. Singapore FreigN Forwarders Sfrore National Shipping Assoc Asaocialion. O M r sa Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 *Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Jopon -2
      621 words
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      Page 35 Advertisements Column 1
      1249 35 PACIFIC SOUTH WEST EXPRESS (DIRECT) vcsa vor na awtu sine mmiiafliiiKiiiHOuiMiai WaNGtfflß OOK 23/09 25/09 26/09 11/10 15/10 14/10 16/10 17/10 17/10 14/10 14/10 lt/10 m.WKA 0101 07/10 09/10 10/10 25/10 29/10 30/10 30/10 31/10 31/10 10/10 30/10 01/11 mwum oo* 14/10 14/10 17/10 01/11 05/11 06/11 06/11 07/11 07/11
      1,249 words
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      Page 35 Advertisements Column 2
      2356 35 HANJIN SHIPPING j USA CANADA* JMHAIA/VOT MN SIA PPXTIWTOfCHPnOBIPHIIWIMIM OOS NYC ORF TVI TYZ TU TTC TtG "j uncmmii oi/io—m/io_ _i4/io it/io_ JV'Q ay/io i7/io w/io a/io »/io m/io w/io m/io ~ao7To ic/io m/io 31/ ie 31/10 30/10 "m/io~ H-SUmi 0431 00/10 10/10. 31/10 03/11 03/11 03/11 M/ 11 OS/11
      2,356 words
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      Page 35 Advertisements Column 3
      117 35 i I J k ryw?* ORIENT EXPRESS UNES (U.K.) LIMITED i 5 BSSJ (MANAGER FOR SHREYAS SHIPPING LIMITED) mmr J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE i VESSEL VOY SINGAPORE BOMBAY VESStI VOY BOMBAY SIWGAPORE SJNARTOBA 201 04/10 11/10 SINAR TOBA 200 26/09 04/1Q NOROKAP 401 09/10 16/10 NORDKAP 400 02/10 09/10
      117 words
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      Page 36 Advertisements Column 1
      1715 36 USSR VOY HAM (DAM ANT LHA SION P KELANC SIN HUG KAO TYO SHI (ME NAG LtVBIUSaiEOTRI 3ttD3T W~ g ?S/4 21/> 4/10 SHBUO lAf 03K3S 30/1 1/1 -71/ IV* H/1 1/10 LUCWCSHAffN PfttSS 27EA3* 4/4 t/¥ 7/1 71/4 71/1 4/10 10/10 4/10 7/10 1/10 NOISfaWS 07E134 1/1 A/1 10/1
      1,715 words
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      Page 36 Advertisements Column 2
      1336 36 I NORASIA I I VESSEL VOYSIN PKL~| OOA LAS BCLVALALGROT ANT FEL LHA I NOR MALTA 9638 3 02/10 83/10 18.11 23/10 20.10 27/11 28/1B 24/10 2VIO 25,10 27/10 I NOR MEL 963*3 09/10 10/10 251 0 34/10 21/11 03/11 04/11 31/11 01/11 11/11 02/11 I NOR SHANGHAI 9640 3
      1,336 words
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      Page 36 Advertisements Column 3
      449 36 Direct Container Service to Fangcheng Zhanjiang Vessel S'pore Fangcheng Zhaniiang LIANBAO 04/10 09/K) tl/TO I /VQffTRANS TEL6S-*****67 FAX: 45-2240+90 Mutti-Purpose RO/L0 Carrier Accepting: RO/RO, Ramp Capaaty upto 40 tons Heavy Lift opto 68.5 tons Bred BJt /Container/Reefers Conhmen Thai Flog Status ktk tyu V.32A 1 PQtT 01-04/10 HMII/10 07-09/10 Ash
      449 words
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      Page 37 Advertisements Column 1
      1524 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Koppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SAIAH I BRUHEI CONVENTIONAL SERVICE I SARAWAK CONTAINER SERVICE 55 VOT sw"l HI Ivissa VOT IsMOAPOM I KUCHIMG snumsw mm 29/09 03/10 04/10 gug JN 111-22 mi«* 27/09 29/09 SIMITSHOft V *****
      1,524 words
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      Page 37 Advertisements Column 2
      1837 37 3 SAIUNGS 1 PER WEEK FOR I SINGAPORE EUROPE SERVICE if ISMGATORI'S GiMRAI A6WTS: SNMTON WAT TIL 714 INO MI: 7741 AAA OUTWARD ®/U 4705A02 XMORE OffKl COSTAR SNIPPING PTE LTD »17-or drs kog saus/rrgs 47«SA4i/43 inward ditt (o/oi <*****5 COSTAR AGENCIES (M) SDN BND <1 MO: 117R7RfOOOOM TOWtt WO(04AA01)
      1,837 words
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      Page 38 Advertisements Column 1
      1156 38 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA |SGP ROM ANW HBG THP ZEE LHV LHV THP BOM AN W HBG PKL SGP E. ROUNO RW-022 29/9 19/10 24/10 22/10 23/10 24/10 E GALLANT RE M* 31/1 4A 3/9 5/9 6/9 30/5 2/10 E. REWARD RW-020 VIO 25/10 29/10 20/10 24/10 20/10 30/10 E GRAND RE-OM 09/9
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      Page 38 Advertisements Column 2
      1054 38 A Mj BIWBWWipWWIMaiWM Hex port VlSSft VOTAGt W DW Ul MM ItH IWI Ul VESSII VOTAM DM AM MM MM Sfil« !S£iS2! ?w!J «aX «/12 ,Vl lfco# ""h*™ mimtk >VW lA/W \m 11/W »/w I UNI (mm *****7* 11/10 71/10 73/10 74/10 74/10 UNI (04K0«D 047W3K 77/W 71/01 74/W 7S/W
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      Page 38 Advertisements Column 3
      735 38 RICHFIELD MARINE AGENCIE^S^^^D^ TEL: *****33 (12 LINES) iffl FAX: *****15/*****03 fTI TELEX: RS ***** RISHIP (3 Unes) CR NO: **********0E }J& S ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vessel Voy ETA Loading for Sport Netsanet 44W8 25/10 t^^^ SSab Arxjmet 46W8 26/11 Djibouti, Assab, Massawa
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      Page 39 Advertisements Column 1
      787 39 BSfl a. Wm< MYANMA wHBk FIVE STAR UNE (MyqiiMor National Um) loading for Yangon (Rangoon) VISSU VOT SIN PRC PIN PGU PAGAN 2JSW SID AVA IJ7W 21/09 MALAYSIA AGENTS: IOUSTUD SHIPPING AGfNOES KUL m 02-03-*****00 P«L Til 02-03-*****01 POt Til 02-04-*****0? PGO: m 02-07-*****21/4 BANK LINE (A Mfvk* #f Andrtw
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      Page 39 Advertisements Column 2
      1028 39 ▲HYUNDAI MERCHANT MARINE CO. LVD. WESTBOUND TO EUROPE BKG: *****32 PNA 1 P»I PGO VESSEL/VOY VOT I SM I RTM I ANT UH NAM MH I 111 11/09 21/09 21/09 HT.EMPIROB 30IW 23/09 11/11 13/11 15/11 13/11 13/11 15/11 25/09 27/19 21/09 HT. GENERAL 30IW 30/09 11/11 21/10 22/11 21/11
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      Page 39 Advertisements Column 3
      464 39 FAMOUS CONTAINER LINES JJES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) i—4 SAILINGS A WEEK TO r r S BANGKOK J J AND REGULAR SAILINGS TO /t^vCAeh N CIjIABANG THAILAND \bangkok LAEh^fIHABANG f FOR BOOKING l*\ *****33 CONTACT AMY P. KLANG PH: 0203/*****02 (10 LINES) PENANG
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      Page 41 Advertisements Column 1
      37 41 To retrieve more schedules, just follow these simple steps... document 740-6000^^jk^^^ tep be faxed^^^Jf the port your Step key in the four number XMt digit code Key in your Exampto: i > fax number To HAMBURG (HAM) 2150
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      541 43 Weekly LCL FCL fl| |OD|Ca| Services to Caribbean I* himino A Central America DAGMAR SI VICTORY MAERSK 9605 607E Port Country 24/09 01/10 Belize City Belize 28/10 04/11 Bridgetown Barbados 31/10 07/11 Cartagena Colombia 30/10 06/11 Castries St. Lucia 30/10 06/11 Fort de France Martinique 31/10 07/11 Freeport Bahamas 26/10
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      Page 43 Advertisements Column 2
      1381 43 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street. #12-00 PIL Building, Singapore *****0 nv L: TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO **********0E IAWKOK r JAKARTA 15 18 LO < VISStI VOY SIN OKK SIN visstlVOY SIN JKT SIN LAIAZAR 928 28/09 Sot 01/10 Tue
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      Page 43 Advertisements Column 3
      892 43 VESSELS *0Y SX DAAWETTA LE HAVRE HAMBURG THAMESPORT ROTTCROAM ANTWERP VILLE OE VELA VI6W 01/10 12/10 21/10 22/10 24/10 25/10 27/10 VILL£ DE CAPELLA TI7W 08/10 19/10 28/10 29/10 31/10 01/11 OVII VHXE DE ÜBRA LI7W 15/10 26/10 04/Vl 06m 07AM Wll UVII CALIFORNIA OfUON UI7W 22/10 02/11 IITTI 12/11
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      Page 44 Advertisements Column 1
      1685 44 ■hbdzzeoh^hi [VESSEL VOY SIN Mt I VESSEL VOY SIN PEN (IANTA BHUM m Wed In Pt Son 29/08 B MAS EMPAT »133_ Thu I 20/09" S« I 28/W M M [VESSEL VOY SIN BKK H Juu 01/1Q GURU BHUM 6705 Sun_ »/0» Tg_ 01/10 MARE BALTIC DM 9679 Wed In
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      Page 44 Advertisements Column 2
      931 44 swig V JwSSia" visiiT VOY ~siii CTO IvistiL VOY SIN ccu CONSISTENCE 329 FKI 27/09 TUf IQI/1Q ■ANDROMID* STAR 172 TMU 126/09~ TUE 101/10~ 13 IVg OV2O_WtD 09/10 ■HOIK RIVER 2S6CNI SAT 21/09 THU 03/10 PAtXMA 525 [MQN| 07/10 |FRI 77/10 JnOER SPRING |2S9CNB|WED 02/10 MON 07/10 WMOAPOM/ EOMfcAY WBVKM
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      Page 45 Advertisements Column 1
      735 45 innmrm j SINO EXPRESS SHIPPINO (PTE) LTD. V I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m m f TEL: *****00 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VESSEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beijiao. Oliwon. GOOD LUCK
      735 words
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      Page 45 Advertisements Column 2
      569 45 Afetfts: MAC-NELS SPORE: *****22 (24 UNES) kuchmo:{oBZ) *****3 rIV7 V** J qw WO* <11 mil Ml MB 80U: (084) *****8 MAMLA: (632) *****61 W P»<ANQ: (04) *****8 BANGKOK: (882) *****87 SURABAYA: (31) *****0 P. KELAMQ: (03) *****77 JKT: (21) *****07 MOtt (61) *****3 BANDUNG: (22) *****88 HKG/PUS ETA RTM/HAM/FXT ETA
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      Page 45 Advertisements Column 3
      381 45 jfiSMMMMNk I S pore P-Krfang Lowing For AGIASOFIA 16A» 22/09 RdnVAtwAJK/Nar 1 SEAGULL FORTUNE 25/06 06/10 HtfrrVAtw/UK/Nan I AMANPULO 15/10 22/10 RdnVAtwAJK/Nsn Load* EVW. Malaysia, mdone— J I Loading for 1 HERMEUN 1 LEOPARD 1 DubWA. Dhabi/Doha/D»nmarVKuwait I BUFFALO Dubai/A. Dhdbi/Doha/Brtr*rVDOTimaVKdfait PAN CRYSTAL Dubai/BrfrMrVDwnmwVKuwait I MAKAR PL Said I Toads
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      Page 46 Advertisements Column 1
      378 46 Shipping Times -3USEVESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 srlft Press a 1" key in Document Code Key in
      378 words
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      Page 46 Advertisements Column 2
      268 46 8016 Products Services Turnkey Factory Automation System V Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) Isp Full Range of Conventional^d^^^^^^^^^^^^^^^p Engineering Services Ll "i*i icciiiniin {J"\ iV!i jilh IBHIBBBfiBBB BE A PRIVILEGED 0000 As a SFFA member, you'll project total professionalism to your clients as you comply
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      Page 47 Advertisements Column 1
      37 47 BELL SPEDITION LINE SINGAPORE YANGON MV LONGHAI /1-5 October JAPAN/KOREA South-east Asian Ports MV PHUYEN/early October Other vessels available for Time/Voyagq Charter General agent: S. Y. SHIPPING (S) PTE LTD TEL: *****03,*****87 FAX: *****91 TELEX: RS *****
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      130 47 LEGEND R Thunderstorm Temperoture c X\ JL Vh r Weather Wmd direction with speed m knots Rom Cloudy Sky W V€ h gM Surface winds ore indicated by orrows which fty with th« wind One full circle represents colm or light and vorioble winds 1 One half Heche represents 5
      130 words
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