The Business Times, 17 October 1996

Microfilm: NL20728
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    21 1 THE BUSINESS TIMES lITA (P) 04tV12/95 85c f s I N G A P.O R E Internet: http://www.asial.com.sg/biztimes THURSDAY, OCTOBER 17,1996
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  • Article
    MARKET SUMMARY
    66 1 55 mU* (+10.78) J1 BT-SRI U 18X22 (+7.73) Wm BTOOMP U 2UU2 (+7.65) btmga M6J7 (+3.14) n MUXEtmmk MM Mixed WOdMAnETDaHOBS Wednesday Change KLSK CO*P UM» NIKKEI i 21*7.19 4174 HANG SKNC *****18 94i2 8ETINDKX IMA +11.41 JAKARTA OWIP —W6.78 -181 MANILA COUP 2J8JJ7 *6414 TAIPH WH BMIM
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  • Article
    FINANCE
    71 1 muni isb a ust ss 19?$ —1.414 1J»_ 1241 Mf 1549 ■rrn YW IM MM_ ■n MM _1M4 HK$ 9.129 1.183 RAHT 9.039 0.066 MJPtAH IM— MU_ ■cm PKZKB BATES SINGAPORE" 144 KUALA LUMPUR. JJtt JAKARTA 1800 rTT77T7iTTMMMMPBi 11.25 MANIM.„ mrnrn HONOKONG .8.50 TAIPEI 916 SYDNEY 19.75 TOKYO XM
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  • Article, Illustration
    Lock icon Orders rise for suppliers to disk drive industry
    594 1  -  Increase ranges from 5 to 50%; capacity utilisation also improving By, Jennifer Lien [SINGAPORE] Suppliers to the disk drive industry are seeing a rise in orders, following months of declines. Several component suppliers and distributors told BT they are seeing anything from
    Source: Dataquest; ALLAN  -  594 words
  • Article
    BT-SRI Index gains 0.8%
    281 1  -  Brokers say there is an obvious interest in the component stocks By< R Sivanithy [SINGAPORE] The Business Times-Singapore Regional Index (BT-SRI) rose again yesterday on the second day of its existence. It ended a healthy 7.73 points or 0.8 per cent up at 983.22. In comparison,
    281 words
  • Article
    Air fares to Britain, US and Australia down by up to 40%
    382 1  -  Slack season brings lower fares for short-haul destinations as well Byi Ang Wan May {SINGAPORE] Singaporeans taking time off within the next month can enjoy discounts of up to 40 per cent on air fares to Britain, America
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  • Article
    Banks may get to manage Taiwan's US$86b reserves
    596 1  -  Govt also expected to give banks a freer hand in choice of investments From Bruce Cheesman in Taipei FOREIGN bankers are licking their lips over the prospect of managing Taiwan's US$B6.4 billion (*****.1 billion) forex reserves under liberalisation plans announced by the
    596 words
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      129 1 nwniß H Artaor* Pirk hopcfal* WHI these early birds get a condo? Pf 7 iHWBB remains tentative. For suppliers, a lot depends on the fortunes of their main customers. PvafltOntoeaUfcr Substantial investment for LC Development, whose net profit for the year ended June 30 #as $3.1 m and current market
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      18 1 Index will take time to gain acceptance, Pg 2 OCBC wing to administer BT-SRI unit trust, Pg 2
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      207 1 DUk drive output to see double-digit growth, Pg 6 Bk Kj^i The Hermii Clipper rrirmblri the porthole of a ship. The nautical, sporty appearance of the dial is enhanced by six fine, gold rivets around the steel bezel. With an H-design metal bracelet or a buffalo hide strap with a
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      Page 1 Advertisements Column 4
      19 1 Singapore's new jraofcet move* Current rules hinder scrip lending, say bankers Time to ease CTirbsoi Sing doßarletfcdbwreoomaM BmF|l 3fl
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  • SINGAPORE'S MEW MARKET MOVES
    • Article, Illustration
      Lock icon BT-SRI will take time to gain acceptance: don
      508 2  -  Main draw is novel concept: regional stocks traded on a single exchange By R Sivanithy THE main advantage of the new Business Times-Singa-pore Regional Index is that it offers investors regional exposure through stocks traded on a single exchange, National University of
      CHRIS LOH  -  508 words
    • Article
      Time to ease curbs on Sing-dollar lending, urge two economists
      472 2  -  S$ INTERMATIONAXJSATION A more liberal policy can produce benefits, they argue Reports by. Anna Teo SINGAPORE will go further in its bid to become the financial centre of Asia if in addition to allowing foreign stocks to be traded in
      472 words
    • Article
      Danger is loss of control of exchange rate policy, says NTU don
      396 2 THOSE who argue for the Singapore dollar to be internationalised should realise the "actual magnitude" of the cost of compromising control over the exchange rate, says an economist from the Nanyang Technological University. Dr Tan Khee Giap, head
      396 words
    • Article
      Contra trading likely to stay active in hot market: brokers
      326 2  -  Sy\ Siow Li Sen CONTRA trading is likely to remain active when the market is hot even when the settlement period is shortened next year, remisiers and brokers said yesterday. Many remisiers told BT the shortened settlement period may take
      326 words
    • Article
      Market for scrip lending held back by current rules, bankers say
      623 2  -  They feel plan for more info will help only if strict collateral roles are eased By I Catherine Ong THE MARKET for securities borrowing and lending will not take off in Singapore unless some of the present restrictions on
      623 words
    • Article, Illustration
      OCBC wing to administer BT-SRI unit trust
      445 2  -  By\ Shiv Taneja THE asset management arm of OCBC Bank will be the administrator of the $50 million unit trust which will invest in the component stocks of the BTSRI, Tay Boon Kuan, OCBC Asset Management's executive director, said yesterday. Ms Tay said
      445 words
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      235 2 Hlgtmr profile for Sing dollar, Editorial Pg 17 N1 A, JA I N a A leading nnaifcaatfcftpplication on Windows NT plains (S) Pre LTD 77 Science Park Drive GNTECH HI 103-05 Singapore *****6 Tel: 65-773-9018 Fax: 65-773-9019 http://wvkw.gps.com ENJOY THE PRIVACY AND PRIVILEGES OF GRAN MELIA JAKARTA'S SERVICIO REAL FOR
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      39 3 •< mam JF II I IF "I* IJ/NI Iwy IA CC AVAILABLE AT THE HOUR GLASS Takaahimaya Shopping Centre Tel.: *****20 Scottt Tel.; 2J***** Lucky Flaxa Tel.: *****62 Centrepoint Td.i *****95^1 1 iIE nuu Ix *****41 Mfflcni<l WtSk IM<: *****70
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Early queues for Ardmore
      401 4  -  Buyers aren't taking chances even though the launch of phase 2 is about a month away By. Abdul Hadhi [SINGAPORE] EARLY birds have already started to queue for the last 110 units of the deluxe Ardmore Park condominium although the launch is expected in a month's
      ARTHUR LEE  -  401 words
    • Article
      House Hunt
      891 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Sep 16,1996 and Oct 12, 1996. Project Name/ Prop Contrad Tenure Burt-m/ Price Pif Street Name Type Me Land Area* (sq ft) (SS'OOOXSUegeod District 15 Amoer Park Apt 2V08/96 FH 1744
      891 words
    • Article
      Landed properly sales in districts 15,16 down 40%
      411 4  -  Mid-May to October figures reflect the market's genera! slowdown By] Diana Oon [SINGAPORE] Landed property transactions in the East Coast's districts IS and 16 for mid-May to October are about 40 per cent down on January to May's figures, reflecting the market's
      411 words
  • Page 4 Advertisements
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      381 4 (x>/ne ,utoo/// 1 %oamel (jAam6oni Jf (jQ-fajlty W^lcre? At thc Harbour Grill Oyster Bar, any WTHZ-g day from 18-26 October. When world-famous guest chef Daniel Chambon, owner of the OYST6R.BAR prestigious restaurant Le Pont de POuysse in r c -->g Pengord, France, will be conjuring up some of his signature
      381 words
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      Page 4 Advertisements Column 2
      165 4 For Sale By Public Tender 57 Wilkinson Road Location Located in the established residential area of Mountbatten. Type Regular shaped bungalow land plot for 2-storey detached houses. Land Area 1,523.7 sqm (Approx. 16,401 sqft). Tenure Freehold. For further information and tender documents, please contact: Jeremy Lake or Celina Urn Tel:
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      Page 4 Advertisements Column 3
      75 4 Introducing PERKS. THE NO-COMPROMISE PAYROLL SOFTWARE PERKS works in any company, any industry, any country. No customisation required. Possibly the only Asian software A package to be certified with the PERKS I •Designed for Windows 95* logo. I Come and see the state-of-the-art I payroll package for yourself. I FACT
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Thomson investing $54m here in digital R&D
      216 5 SINGAPORE BASED Thorn son Multimedia Asia said yesterday it is pumping $54 million over the next Ave years into developing next-genera-tion digital products here. The products are a digital video satellite box (DVSB), high definition TV and digital video-disk (DVD) ROMs. Thomson Multimedia
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    • NEWSRoundup
      • Article
        Esso refinery running at half capacity
        61 5 BSSO Singapore's 230,000 barrels-per-day (bpd) refinery on Puiau Ayer Chawan is now running at just about its capacity foQowing the shutdown of a 110,000 bpdlfiift for repairs. An Esso spokesman yesterday said the>£iftlrfe distillation unit had been shut down since last weekend for repairs.
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      • Article
        Motorola launches portable radio
        54 5 MOTOROLA Radio Products Group has launched its PTX6OO portable radio here. The first Motorola radio designed for MPT 1327 networks, it is compatible with Singapore Telecom Page Link's public trunked radio system, Businessßadio. Available at authorised dealers, the key-pad version retails at 11,096 and the non
        54 words
    • Article, Illustration
      WTO: PM Goh offers way to discuss social issues
      585 5  -  PMGOIFS EUROPEAM TOOT Labour standards will be brought np at ILO; environment at another meeting By Yang Razali Kassim [LUXEMBOURG] Asia and Europe appear to be narrowing their differences over how to handle contentious "social issues" like labour standards and the
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    • Article
      Tourism, travel to makeup 12% of GDP: report
      257 6 TRAVEL and tourism is expected to produce $19.1 billion, or 12 per cent of Singapore's gross domestic product this year, says a World Travel Tourism Council (WTTC) report on the economic impact of travel and tourism here. Of this, just under half
      257 words
    • Article, Illustration
      Lock icon Double-digit growth seen in hard disk drive output
      577 6  -  S'pore produced 24m hard drives in Ist half valued at $7.8b: EDB chief By, Jennifer Lien SINGAPORE'S hard disk drive output will show "double-digit growth" this year after expanding 30 per cent in value and 40 per cent in units in the
      CHRIS LOH  -  577 words
    • Article, Illustration
      Lock icon S$ appreciation to slow down
      349 6  -  EYE ON THE ECONOMY Exchange rate By, Anna Teo WITH the export economy somewhat in the doldrums and the outlook for inflation benign, the Singapore dollar will see a much slower appreciation this year, economists say. Indeed, ÜBS Securities expects the local unit to depreciate
      Source: Bloomberg  -  349 words
    • Article
      Three S'pore firms to invest US$6m in Weifang
      449 6  -  Int'l Polymers, Sintmer sim| (jfl Sinko annoance plans From' Teh Hooi Ling m Weifang AT LEAST three Singapore companies now on a business mission to Shandong say they will pump some US$6 million (SsB.4 million) into Weifang, a city in the centre
      449 words
  • Page 5 Advertisements
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      134 5 Lagardere gets nod for Thomson bid, Pg23 the Finest Scotch Whisky I I DINING HALL I -fc- 400 Orchard Road #03-45 Orchard Towers (Front Block) Singapore *****5. Tel: 738 7207 (Located above LingZhi Vegetarian Restaurant) f 4a~ J,l^^n M 4ji dk mumr muuston to our jCao r ßegmg ULM, where
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      329 5 w m jpj ■jH j JS^J^^l *^H Mj/HPlagrMtfpffKfcSifflquieterata/awer/me (which M/as megrow fakr) m_ ~<C When your business is going well, nothing should hold So that as your business grows, you can cope with your extra you back. Least of all your printer. workload easily by simply adding memory, additional Adobe
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      158 6 \HhimiK Don't Miss the Region's Onfy Event Dedicated Exclusively to the Dupiicaling/Replicating Industry REPLI lech asia OCTOBER 22-24,1996 9 V SINGAPORE INTERNATIONAL CONVENTION AND EXHIBITION CENTRE SUNTEC CITY, SINGAPORE WWOOWJIWMUMumipiip J., -1- Tntai ,ii if .I I v aemonas mnmf information ana •wntdtugnidtoaddnisdiol/Bur buMwi and opflrariny concerns, dtsolavvJ^ftfkrtMtdbcwMslnoand 1" Ll
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      113 6 Need a room in Hong Kong? We always give you the best rate for the month v HK$95O" HKslo2o* '-V*}. Z: pM-rapm, per night (October November Special) Mega Hotels' Toll Free Fax UMWR Singapore 800 8523 083 Taiwan 0080 85 5212 WWH Philippines 1 800 765 6474 mm Thailand 001
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      62 7 —<3— to our President and Chief Executive Officer, Mr Frank Benjamin for being awarded the Singapore Tourist Promotion Board Tourism Entrepreneur Award 1996 and thank you for dedicating the award to all of us. From the Directors, Management and Staff of F J BENJAMIN GROUP SIN(;A I' O R K
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Malaysia posts M$600m trade surplus in August
      392 8 KUALA LUMPUR Trade deficit in the first eight months of this year is MsB3sm compared to MsBb in the year-ago period AFX-Asia MALAYSIA recorded a trade surplus of M 5600.7 million (*****.2 million) in August against a deficit of M 5614.966 million in
      AFX-Asia  -  392 words
    • Article
      Lock icon BOT postpones plans to restrict foreign funds
      314 8 BANGKOK AFP THE central Bank of Thailand said yesterday it had delayed until next year plans to issue new requirements for commercial banks to restrict flows of foreign funds into the country. The Bank of Thailand (BOT) had planned to issue the new
      AFP  -  314 words
    • Article
      Lock icon Tenaga gives rebate for blackout
      301 8 KUALA LUMPUR AFP MALAYSIA'S Tenaga Nasional Bhd is to make a goodwill payment totalling Ms7o million (5539.4 million) to 4.2 million consumers for the Aug 3 power cut, it announced yesterday. Energy, Telecommunications and Post Minister Leo Moggie said the one-off ex-gra-tia payment would be
      AFP  -  301 words
    • Article
      Lock icon No talk of successor to Suharto till 2003
      195 8 JAKARTA Jakarta Post quotes head of military-linked grovp AFP AN ORGANISATION linked to the military and the ruling Golkar party said there should be no discussion of presidential succession until 2003, a report said yesterday. "Our nation will be ready to talk
      AFP  -  195 words
    • NOTEBook
      • Article
        Lock icon Michael Jackson gets KL go-ahead
        69 8 AFP IKUALA LUMPUR] Malaysia's cabinet yesterday gave the go-ahead for US pop superstar Michael Jackaon to hold his first concert In Malaysia, but he won't be singing in Selangor state where his presence is still banned. He was to have appeared at the sprawling Shah
        AFP  -  69 words
      • Article
        Lock icon Philippines' 8-month deficit hits US$8b
        67 8 Reuter (MANILA! The Philippines' eight-month trade deficit figure announced yesterday has led to expectations the gap for the ftill year could widen Anther to between US$l2 billion (5516.9 billion) and US$l2.5 billion, economists said. The National Statistics Office yesterday reported that the trade deficit for
        Reuter  -  67 words
      • Article
        Lock icon E Timorese break into French embassy
        81 8 Reuter [JAKARTA] Three EastTimoreae men broke into the French embassy in Jakarta early yesterday in an apparent bid for asylum, witnesses said. They said the three stole past security guards who were unaware of their presence ■in the embassy premises for at least half
        Reuter  -  81 words
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      851 8 WHmKKttKKKBKtKKKKKKKKKKKKKKKttKttKKSHKtKKKKKKKKKKKKKtKKKKKKKKStKBKtMKttKKBKKKt^^ I For Sale By Tender Freehold Residential Sites off River Valley Road \A Parcel A 21,800 sq ft Parcel B 30,970 sq ft n« PAfICELA DGP Plot Ratio 2 8 I \V\ Option to buy one or both parcels •PP obtained for 52 (Parcel A) 64 (Parcel B) Apartment
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      323 8 X (jU—v The Different strokes ...v\ one smooth writer. Rj Recommended signature pen y| H I B Waterproof and fade resistant H pigment ink 9V Special stainless steel tip i| 0.03 mm smooth line Colours: Black, Blue and Red R uni-ball DELUXE U8177 Roller Ballpen V Available at leading department
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  • CHINA-HONGKONG-TAIWAN
    • Article
      GE threatens to sue Taipower over nuclear plant deal
      404 9  -  TAIPEI Move comes ahead of Parliament vote on whether to allow US$4Jb project to proceed By\ Bruce Cheesman TAIWAN'S long-running saga over plans to build a fourth nuclear power plant took yet another twist yesterday with General Electric of the US,
      404 words
    • Article, Illustration
      Old mine in a new bottle?
      582 9  -  CHINA WATCH A doonment adopted at the waakand mar or mw not h<w»M By Lu Ning DURING this century, whenever a political regime in China was not under imminent threat of being overthrown and the economy was not a constant worry, its paramount leader
      582 words
    • Article
      Lock icon China passes new regulations on bankruptcy
      197 9 BEIJING State firms cannot DM public facilities to pay off creditors Reuter CHINA has passed new provisional regulations on bankruptcy of state-owned enterprises that forbid assets such as schools and housing from being used to pay off creditors, the China Securities newspaper said yesterday.
      Reuter  -  197 words
    • Article
      Lock icon Invest in China for high returns: Li Peng
      173 9 HONGKONG AFP CHINESE Premier Li Peng has called on foreign investors to put their money in China if they want to enjoy high returns, a newspaper reported yesterday. He was quoted by the Chi-na-backed Ta Kung Pao as saying that "foreign investors
      AFP  -  173 words
  • Page 9 Advertisements
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      204 9 AUCTION 11 am 6th November '96 (on site) NORTHBRIDGE 72 FRANCIS STREET PERTH, WESTERN AUSTRALIA Two level complex with NLA of 1504m 2 and basement parking for 24 cars Full kitchens bars on each level Various uses can be split Barry Toms 018 944 822 Molly Tiong 018 954 588
      204 words
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      Page 9 Advertisements Column 2
      48 9 w v *> J *f~. We are pleased to congratulate Mr Frank Benjamin, t -r v President and Chief Executive Officer of the F J Benjamin Group, On being awarded the Singapore Tourist Promotion Board Tourism Entrepreneur of the Year Award 1996. n N M ROTHSCHILD SONS (SINGAPORE) LIMITED
      48 words
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  • ASIA
    • Article
      Lock icon NZ Reserve Bank warns against taking rates too low
      283 10 WELLINGTON Election remits, Inflation data spark fall in interest rates AFP NEW ZEALAND'S central Reserve Bank yesterday warned financial markets against taking interest rates too low. Rates fell on Monday as the markets expressed relative comfort with Saturday's election which resulted
      AFP  -  283 words
    • Article
      Lock icon Clinton to address Aussie parliament next month
      123 10 CANBERRA AFP AUSTRALIAN Prime Minister John Howard said yesterday that US President Bill Clinton will address a joint sitting of the Australian House of Representatives during his November visit. Mr Clinton will be in Australia from Nov 19 to 23 for talks in
      AFP  -  123 words
    • Article
      Lock icon Japanese parties fish for votes via the Net
      436 10 TOKYO By some estimates, 30 million of the 98 million eligible voters still undecided Reuter THE scramble for votes in Japan's general election on Sunday has spilled over onto the information superhighway, with parties trying to attract support via the Internet. Major
      Reuter  -  436 words
    • Article, Illustration
      Sultan of Brunei set to buy hotel in Australia
      290 10  -  SYDNEY By Surinder Singh THE Sultan of Brunei is set to buy his first hotel property in Australia the Brisbane Parkroyal Hotel. A report in the Australian Financial Review yesterday said the Sultan was understood to be negotiating with the hotel's
      290 words
    • ASIANotes
      • Article
        Lock icon Aussie central bank rules out rata cut
        68 10 Reuter [SYDNEY] Australia's central bank yesterday dampened expectations of an imminent cut in interest rates, saying it remained concerned about the inflationary effects of wages growth. The Reserve Bank of Australia said in its monthly bulletin for October that some recent wage agreements
        Reuter  -  68 words
      • Article
        Lock icon Consumer confidence down in Australia
        76 10 Bloomberg Business News [MELBOURNE] A widely watched measure of consumer confidence in Australia fell 3.9 per cent in October to its lowest level in a year. The Westpac-Melbourne Institute Index of consumer sentiment was 101.4 points in October, down 4.1 points from September. At 100,
        Bloomberg Business News  -  76 words
      • Article
        Lock icon BJP prepares for state minority govt
        53 10 Reuter [LUCKNOW, India] The Hindu nationalist Bharatiya Janata Party (BJP) prepared to form a minority government in Uttar Pradesh state on Tueeday after inconclusive state polls, politicians said. The BJP emerged with 177 seats in the state's 425-member lower house after three-phase polls which
        Reuter  -  53 words
      • Article
        Lock icon Chinese vessel violates boundary: Japan
        58 10 AFP [TOKYO] Japan's coastguard said yesterday that a second Chinese exploration vessel had violated a maritime boundary in the East China Sea and was refusing to leave. The incursion by the 2,000-tonne Ocean 13 was the second violation of Japan's maritime borders in as many
        AFP  -  58 words
    • Article
      Lock icon No change in E Timor policy, says Australia
      188 10 CANBERRA AFP THE Australian government yesterday denied that it had changed its policy on East Timor, after senators voted in support of a parliamentary motion which included a call for self-determination in the disputed territory. The senator who sponsored the motion, Bob
      AFP  -  188 words
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  • THE WORLD
    • Article
      Lock icon US consumer prices up 0.3%
      463 11 WASHINGTON Steady energy costs offset higher food, clothing and vehicle prices in September Bloomberg Business News PRICES US consumers pay for goods and services rose 0.3 per cent in September as steady energy costs ofTset higher food, clothing and vehicle prices, Labour Department figures showed
      Bloomberg Business News  -  463 words
    • Article
      Lock icon Fines to protect the Euro
      230 11 BRUSSELS Penalties for budget deficit exceeding 3% of member's GDP Bloomberg Business News THE European Commission recommended a sliding scale erf fines for members who cannot keep their hudget deficits below 3 per cent of gross domestic product after the introduction of the single currency
      Bloomberg Business News  -  230 words
    • Article
      Lock icon Fed official sees economy slowing a bit
      225 11 SAN FRANCISCO Bloomberg Business News THE US economy is moving towards a "more moderate rate of growth", and inflation is "very well behaved", San Francisco Federal Reserve Bank President Robert Parry said. Mr Parry, in a speech to business students at San Francisco
      Bloomberg Business News  -  225 words
    • Article
      Lock icon SEC slaps ban on ex-derivatives trader
      125 11 M WASHINGTON Reuter FORMER derivatives trader Kent Ahrens, who lost U*****.6 million (Ssl93 million) for the Common Fund through unauthorised trading, was permanently barred from working as a securities broker or investment adviser, the Securities and Exchange Commission said on Tuesday. The trades occurred
      Reuter  -  125 words
    • Article, Illustration
      Lock icon Don't tamper with nature
      40 11 [LONDON] Members of the environmental group Greenpeace protesting against genetic manipulation outside the Unilever building yesterday. Greenpeace marked World Food Day by protesting against Unilever's aim to use genetically manipulated soya beans in its products. REUTER
      REUTER  -  40 words
    • Article
      Lock icon Clinton says Dole's attack on ethical standards just politics
      370 11 SAN DIEGO Reuter REPUBLICAN candidate Bob Dole on Tuesday warmed up for the final presidential debate with a fierce attack on President Bill Clinton's ethical standards, but the president dismissed the onslaught as "just politics". With polls showing he risks a
      Reuter  -  370 words
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      61 11 SHAPE UP TOP! the •'■>"■ Banyan Tree Spa The *-■?j*v%- up on the Banyan spectacular that'll msm^*&**%£* Jmßß^ > the l£^"'' -C Pamper *~fi-~**%z\?' t -Jutt^mff^^^j^m'^ 4 dry body sauna, j Hrefe/. W the Kfc|g|;; The Banyan Tree you can ■S^lfl^ further the a contemporary .x. r '^^^^^^^H^^^HH|[n^H^^^B*^^^HP*XjNH^Ejk*„'* the Yun
      61 words
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      427 12 The Ki»hrßKJ|hep^Group A- 2 I t is prou(rto announg% iahly successful subsicffarfesf Buffers Bbildmg-g\ CmbEAgineetingXbnttactor (Px^ttfl, cijtfl engirfaelng^co|stpjct!on slices slid V €\G&W jftd, s J Koh Brothers Group's Subsidiaries: <s>*'V tm O O "P vA *> lki>l:TiTiTil ■H.MiT.H.I Steering Committees f\ SS ISO 9002 1994 SS ISO 9002: 1994 SS
      427 words
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      391 13 f 3 w, J 1 W® t' £e r jj.' ftff'ifliiiffflf* V( Ik t 4o^*^ f Z r V-> <*.» I r 7 (LkowjrosJ /Warmest Congratulations to the Koh Brothers Group ©TfIQSSSftASPB&f] Ban Ho Builders Pte Ltd fIHV 154 A Joo Chiat Road, Singapore *****2 Tel: 345 7383 (6 lines)
      391 words
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      534 14 1 m mi jkß '""■^■'~'^£^K^sSB^^2StSE^29^S^i^'^ 'HE x iwflnHl j iflfflrn'iTni -«t-%. i y Vfl >**^s^T"^*"l r. c^T^t 3 i H 1 1 J SB f *fr B /K f .Jr»t j iSiiiEi f^ «rSiJF?JS7TIS?-. rni s^MxgftAwis^ (faA) WPSarI Ml Powen Electrical Engineering Pie ltd Watasan Construction (Pte) Ltd 54 Hillvicw
      534 words
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      538 15 s*• r I t t th. th> J f «5> It I A 1 Koyo Engineering (S.E. Asia) Pte Ltd KjU£*#&AlrPS&^ King Wan Construction Pie lid B ~^'f l^ 6 mp nesS, 8 Leap Hong Construction Co., Pte ltd Lian Giap Timber Pte Ltd s -s£f»s2is7 i s" ss '"teTOwsss*"
      538 words
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      51 16 [m: TAGHeuer s.-.ss Vs~ r > 1 -%\'S -V f M v/ c *V ■•'< r 'tjft r'/K-fC >:• .$0- Ur i' ~'_i' Mij' IT'S A MIND IVTK 5 GAME. *l(p\'\ H/' A;-. j m' S< rati h resistant sapphire crystal. Water-iesistant to 200 meters. Double protection screw-in crou n.
      51 words
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  • EDITORIAL &. OPINION
    • Article, Illustration
      Mekong states must create new super body
      710 17  -  iff I |MI OPINION By Harish Mehta The writer is BT's Indochina correspondent THE overlapping activities of eight rival agencies working to develop the Mekong region have got Vietnamese authorities worried and Hanoi is now studying a proposal to create a new super
      710 words
    • Article
      IN OTHER WORDS
      127 17 They're greedy and live in huge houses and suddenly start begging at election time. I'm not interested in people so divorced from reality.' AJdkoKoodo a 21-year-old who said she might not even vote in Japan s election on Sunday. 'I believe I receive inspiration from God. I
      127 words
    • Article
      A higher profile for the Sing dollar
      634 17 EDITORIAL Although the first step towards the gradual internationalisation of the Singapore dollar, announced on Tuesday by Finance Minister Richard Hu, may not have been as dramatic as bankers and brokers might have wanted, it was a watershed all the same. Up to
      634 words
    • Article, Illustration
      Lock icon Shady forex schemes
      1241 17  -  Cold-calling salesmen make money by playing on investors' greed for quick profit By Clay Harris FT "COME on lads, spank the punters!" The ringing exhortation of a manager at Scandex Capital Management in Copenhagen is echoed in offices across Europe as cold-calling salesmen hit the telephones in
      FT; REUTER  -  1,241 words
    • Article
      WHAT THE OTHERS SAY
      804 17 Oommissisii's bold stand THE National Commission on Human Rights' findings on the July 27 riots, announced over the weekend, have caught many by surprise. Even those who have complete trust in the commission's independence did not expect the findings to come in such blunt and straightforward
      804 words
  • Page 17 Miscellaneous
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      547 19 I-. -■/;»< *.--<■■■ r 4 sk y^:-^n Singapore Business Giving you the winning edge Where to wine, dine and entertain I "LONGEST r^f'Tsa i NawfftMiU|Mjis|ilunyfMaa^^ BY POPULAR DEMAND! ~v-f ft iMnst on our spread of Poetries, Nomya Kmek, I and local favourites tike Mee Slmm, Lmkm, ttojmk. Met Rebus and
      547 words
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      Page 19 Advertisements Column 2
      79 19 KB Dian Jun Restaurant At The Neptune on Shenton Way i Pian Xin/Lunch 11 /r\ fg i 7TH FLOOR. OVERSEAS UNION HOUSE. LEAN CUISINE LUNCH BUFFET ilililliUmiLLll Salads fruits rich in vitamins fibre Pasta, salmon, chicken popiah more Low fat tasty $16+ (adult) $11 (child) Available for butch on weekdays
      79 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      581 19 TV&RADIO ILOO Silk Stalking—Kill Shot. 1040 Hirari. 11 i i ■lllmm I»u u.48 Vidz(r). 11.00 TV Innovations. LAUSuISuIUiSuHHHHHiHHHIIiIHIHIIi^HH^I LOO PM The Winners. L 45 Entertainment Tonight LOO AM Close. jay L3O Money, Money, Money. Weekly 2.00 Asian Property Report 2.40 Hogan's Heroes. MNP 440 Yo^and n Frf OS d See
      581 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      163 19 CBYPTIC CROSSWORD 11 Awakening interest of univer--28 Men who oppress women live —-JlV—— on board (7) I I I I I I I 29 Praise from Louis? Gee! that is I I I I I ~>~s, Mnio* DOWIf 16 Strike called first by ruffian IWaIMM i IdUIfrMLIAISWUTSI 1 Easily-carried wine
      163 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Motor show stars
      644 20  -  <?hk ihtofmuk tak checks out some of the Japanese offerings to be showcased at this year's Singapore Motor Show in November CHRISTOPHER TAN THIS year's Singapore Motor Show, to run from Nov 10 to 17, not only will be the biggest so far but will have a
      644 words
    • BUMPER to BUMPER
      • Article
        Ford revamping operations
        53 20 PORD Motor Co win streamline its four main component operations into a single enterprise to become more competitive. In an E-mail to employees last week, chief executive Alex Trotman also said the company would simplify its product development structure following the planned reduction of vehicle platforms by
        53 words
      • Article
        Seat posts profit alter five years
        63 20 VOLKSWAGEN-OWNED Seat has emerged from the red for the first time in five years, netting profits of US$21.8 million (S$30.7 million) in the first eight months. This means the Spanish company is "slightly ahead" of its plan# to break even in 1997. Sales of
        63 words
      • Article
        Getting an early start
        69 20 TALK ABOUT thinking ahead. Coventry Un iversity in the* English Midlands and the UK Society of Motor Manufacturers and Traders have got together to produce a full-size model of a concept car expected to hit the streets in 2096—that's 100 years down the road. Coventry senior
        69 words
      • Article
        Shape of cars to come
        81 20 WARRANTY HOLDINGS, aUK motor Insurer, predicts M that the year 2015 (or thereabouts) win be the turning POtor In the history of the car. Electric and other f alternatively-powered vehicles will be commonly m available. The car of the future will also have advanced m
        81 words
      • Article
        Extra features for Viet Meros
        67 20 THE VIETNAM-ASSEMBLED Mercedes-Benz E230 takes "tropicalisation" to a new dimension. In addition to most J| other new E-class features, the Viet E230 has a high-capacity alternator, dust filter ventilation, protective metal sump shield, cyclone engine air-intake with Wk filtration, and a raised suspension for rough
        67 words
      • Article
        Rover to launch a new Mini
        80 20  -  OoapOedbf Christopher Tan ROVER GrtOUP has confirmed that it is launching a new S Mini in the new millennium, and that the car will be built in the UK Design work has begun, and production volumes —although still unconfirmed—will probably exceed the current Mini
        80 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      50 20 Imagine listening to your favourite music, in your favourite restaurant, watching your favourite film, and enjoying your favourite wine. Now you know how nice it is up here. mF o -X u. ?£*«x- V"4-" r -a. V •''v^->-&?•£-'-> 3". s Q. f >. -V- I! n <■**> f In our
      50 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Paradiz Centre sold for $145m
      396 21  -  Lam Chang unit and Singapore Pools team up for the purchase By] Diana Oon (SINGAPORE! Paradiz Centre, a 99-year leasehold commercial and retail block along Selegie Road, has been sold for $145 million cash to a 50-50 joint-venture between Lum Chang Holdings and Singapore Pools.
      ARTHUR LEE  -  396 words
    • Article
      CDL Hotels eyes HK$3b development
      404 21  -  Group keen to vie for *2 hotel projects at TaiKokTsai station Quak Hiang Whai j^gongkong oflß Hong Leong Group connKes to scout for further acquisitions in Hongkong with CDL Hotels International Ltd now eyeing the estimated HK* biJlWfr{Sss49 million) development along the iKo||ofl6d airport railway
      404 words
    • Article
      Labroy IPO oversubscribed 11%
      284 21  -  Byt Chuang Peck Ming [SINGAPORE! Despite poor sentiment in the stock market, the initial public offer of shipping firm Labroy Marine was 11 per cent oversubscribed when it closed at noon yesterday, the company said. With the recent IPOs of both Nat Steel Broadway and Easyknit
      284 words
    • Article
      Why not a new beginning for inactive closed-end funds?
      640 21  -  HOCK LOCK SIEW Paul Leo THERE is hope for the four inactive closed-end funds listed on the Stock Exchange of Singapore. Finance Minister Richard Hu has provided the light at the end of the tunnel for these four neglected funds when
      640 words
    • Article
      Lock icon HPL in US$43m deal to buy hotel in Milan
      180 21 Reuter [SINGAPORE] Hotel Properties Ltd (HPL) said yesterday it had agreed to acquire the Four Seasons Hotel in Milan for a total purchase consideration of US$43 million (5)60.6 million). HPL said in a statement issued here that a unit of a
      Reuter  -  180 words
    • Article
      Sime Singapore sells its BMW business in Brunei
      360 21  -  Distributorship sold to QAF Brunei for between $lm-sl.sm Byl Christopher Tan [SINGAPORE] Listed motor and property group Sime Singapore has pulled out of its BMW business in Brunei. It has sold the distributorship lock, stock and barrel to the new franchise holder,
      360 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Beijaya Ind looks at investments for M$1.2b cash pile
        245 22 AFX-Asia [KUALA LUMPUR] Berjaya Industrial Bhd said it is considering investment opportunities for the Msl.2 billion (*****.6 million) cash gain it made from the disposal of its stake in Prime Utilities Bhd. Berjaya chairman Sulaiman Amin said after the annual general
        AFX-Asia  -  245 words
      • Article, Illustration
        Lock icon CM Telecom: all to be allocated shares
        247 22  -  First Foreign Board company very happy with public response By Diana Oon [SINGAPORE] Directors of CM Telecom, the first stock to be listed on Singapore's Foreign Board, announced yesterday that they were accepting all 542 applications for shares in the company's public offer,
        ARTHUR LEE  -  247 words
      • Article
        Lock icon Jardine Pac out to change image in HK
        423 22 Adcamnaun to stress commitment to territory SCMP [HONGKONG] Jardine Matheson Holdings' trading and services arm, Jardine Pacific, is unveiling a corporate advertising campaign aimed at allaying concerns about the company's commitment to the territory. The campaign, which was presented to 2SO senior
        SCMP  -  423 words
      • Article
        Lock icon KL approves new equity structure for Bakun
        403 22 NST [KUALA LUMPUR] The government has approved a new equity structure for dam developer Bakun Hydro-Electric Corporation Bhd and an eventual listing on the main board of the Kuala Lumpur Stock Exchange. The revised equity will see Tenaga Nasional Bhd's stake being reduced
        NST  -  403 words
      • Article
        Lock icon Lee Kim Tah clinches Sydney residential site
        95 22 Reuter (SINGAPORE] Lee Kim Tah Holdings said yesterday its Australian unit has successfully tendered to develop the Harbour Street car park site into residential apartments in Sydney. LKT Pty Ltd's tender offer of A|5.6 million (556.2 million) is for the 3,222 sq metre
        Reuter  -  95 words
      • Article
        Lock icon Ahmad Sarji new chief of Permodalan Nasional
        136 22 Bernama [KUALA LUMPUR] Pennodalan Nasional Bhd (PNB) yesterday announced the appointment of Ahmad Sarji Abdul Ham id as its new chairman. Mr Ahmad Sarji, who is the current deputy chairman of PNB, assumes his new position today, when he replaces Ismail Mohamed Ali,
        Bernama  -  136 words
      • COMPANY Briefs
        • Article
          Lock icon Fidelity funds buy 5.18% of ABR
          86 22 Reuter [SINGAPORE] Food group ABR Holdings said yesterday two Fidelity mutual fUnds had acquired 2L31 million shares, or 5.18 per cent, of the company's stock. ABR said in a statement to the stock exchange that the shares had been registered in the names of
          Reuter  -  86 words
        • Article
          Lock icon Five more KL stocks to go scripless
          61 22 AFX-Asia [KUALA LUMPUR} The Kuala Lumpur Stock Exchange said an additional five stocks will be placed under scripless trading effective from Nov 12. In a statement, it said the A five stocks are Malaysia Airline System Bhd, Malayan United Industries Bhd, Malaysia International
          AFX-Asia  -  61 words
        • Article
          Sembawang Maritime in joint venture
          70 22 [SINGAPORE] Sembawang Maritime and Link-Highway Shipping Pte Ltd formed a 50-50 joint-venture, Sembßeta Pte Ltd, on Oct 7. The company, which has an authorised capital of $10 million and an initial paid-up capital of $4 million, will own and operate vessels for transporting bitumen. Its
          70 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Lagardere gets surprise nod for Thomson bid
        404 23 France rejects a rival bid for state-owned defence, electronics company Bloomberg Business News AFP Reuter [PARIS] In a surprise move, France said yesterday it accepted Lagardere SCA's bid for Thomson SA, the stateowned defence and consumer electronics company the government has put up
        Bloomberg Business News; AFP; Reuter  -  404 words
      • Article, Illustration
        Lock icon News Corp to float pay-TV technology division
        357 23 FT [LONDON] News Corporation is planning a US$65O million (*****.5 million) flotation of News Digital Systems, its UKbased television technology business, in the next two to three weeks. News Corp chairman Rupert Murdoch revealed the plans at the group's annual meeting in Adelaide
        FT  -  357 words
      • Article
        Lock icon Compaq beats top estimates with 43% profit jump
        235 23 Bloomberg Business News [HOUSTON, Texas] Compaq Computer Corp posted a 43 per cent increase in third-quarter earnings, beating even the most optimistic expectations among analysts, on a 25 per cent rise in sales and higher gross margins. The leading maker of personal
        Bloomberg Business News  -  235 words
      • Article
        Lock icon GM's 3rd-qtr gain more than doubles
        391 24 USsl.o2b earnings top estimates; North American truck business rebounds Bloomberg Business News [DETROIT] General Motors Corp's third-quarter earnings more than doubled, topping expectations, as its North American automobile business rebounded on improved truck sales and lower costs. The world's largest automaker reported profit from
        Bloomberg Business News  -  391 words
      • Article, Illustration
        Lock icon PepsiCo profit down 18% as many units falter
        373 24 Bloomberg Business News (PURCHASE. New York] PepsiCo Inc's third-quarter earnings fell 18 per cent as growth stalled at its soft drink, snack and restaurant businesses. The maker of Pepsi-Cola and Lay's chips said profit from operations fell to US$5O7 million (*****.8 million),
        Bloomberg Business News; Source: Bloomberg; ALLAN  -  373 words
      • Article
        Lock icon NEC sues to halt US dumping probe
        276 24 Commerce Department probe prejudiced, says NEC Bloomberg Business News AFP [TOKYO] Japan s NEC Corp asked a US federal court yesterday to suspend a US Commerce Department investigation of dumping complaints involving its supercomputers, contending that the department's probe is prejudiced. NEC alleges
        Bloomberg Business News; AFP  -  276 words
      • CORPORATE RESULTS
        • Article
          Lock icon Ameritech Q3 earnings up 12%
          61 24 Bloomberg Business News [CHICAGO] Amerltech Corp's third-quarter profit rose 12 per cent, fuelled by cellular customers and international ventures. Net income rose to US$5l9 million (*****.8 million), or 94 cents a share, from profit from operations of US$464 million, or 84 cents, a year ago.
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Caterpillar profit hits record US$310m
          50 24 Reuter [CHICAGO] Caterpillar on Tuesday reported record third-quarter profits of US$3lO million (Ss43B million), up 45 per cent from US$2l3 million a year ago. Sales jumped to US$4.O3 billion from U553.73 billion, while earnings per share rose 50 per cent to US$l.6l from US$l.O7. —Reuter
          Reuter  -  50 words
        • Article
          Lock icon Sprint profit jumps 20% to US$316m
          50 24 Bloomberg Business News [KANSAS CITY, Missouri] Sprint Corp's third-quarter profit climbed 20 per cent. It had profit from operations of U*****.2 million, or 73 cents a share, compared with profit from continuing operations of U*****.6 million, or 75 cents, a year ago.—Bloomberg Business News
          Bloomberg Business News  -  50 words
        • Article
          Lock icon Mattel net up 11% on Barbie sales
          72 24 Bloomberg Business News [LOS ANGELES] Mattel Inc's third-quarter earnings rose a better-than-expected ll per cent on robust sales of Barbie dolls, Hot Wheels cars and Cabbage Patch Kids dolls. The company also expanded its buyback programme to 10 million shares from 8.75 million.
          Bloomberg Business News  -  72 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Top US banks post higher profits
        483 26 Higher fees and lower expenses help boost 3rd qtr bottom line at 5 largest US banks Bloomberg Business News [NEW YORK] Five of the 10 largest US banks, including Chase Manhattan Corp, have reported higher third-quarter earnings, profiting from more revenue and lower costs.
        Bloomberg Business News  -  483 words
      • Article
        Lock icon Profits at 3 US brokerages beat Wall Street forecasts
        348 26 Earnings at Merrill Lynch, Paine Webber and DU rise 2.6% to 34% Bloomberg Business News [NEW YORK] Merrill Lynch Co, Paine Webber Group Inc and Donaldson, Lufkin Jenrette Inc reported third-quar-ter earnings that exceeded Wall Streets forecasts, even as volatile markets
        Bloomberg Business News  -  348 words
      • SMALL Change
        • Article
          Lock icon China bank's farm loans up 37%
          40 26 Reuter [BEIJING] The Agricultural Bank of China's farm loans from January to September rose by 37 per cent to 116.4 billion yuan (5519.7 billion) against the same year-ago period, the Financial News said yesterday.—Reuter
          Reuter  -  40 words
        • Article
          Lock icon Nine lots traded in new butter futures
          50 26 Reuter [NEW YORKI Nine lots changed hands in the first day of trade of the Coffee, Sugar and Cocoa Exchange's new butter futures contract, the CSCE said on Tuesday. The contract was launched to augment risk management tools available to the dairy industry.—Reuter
          Reuter  -  50 words
        • Article
          Lock icon Frankfurt may take over as financial hub
          65 26 Reuter [LONDON] FrankfUrt could overtake London as Europe's key financial centre if the UK opts out of the European Monetary Union (EMU), according to a survey of 500 European directors published yesterday. It is the first time since property consultants Healey and Baker
          Reuter  -  65 words
        • Article
          Lock icon Expert lowers value of Metway
          81 26 Reuter [BRISBANE] The independent expert valuing the proposed merger between Metway Bank Ltd and the Queensland government's Suncorp Finance and the Queensland Industry Development Corp has lowered its valuation for Metway. Grant Samuel and Associates said it valued Metway between As6Bs million (***** million) and
          Reuter  -  81 words
      • Article
        Lock icon S Korean won seen troubled till mid-1997
        272 26 Recovery in key exports unlikely until next yean analysts Reuter [SEOUL] The troubled South Korean won, hovering at sixyear lows, is expected to sink further until mid-1997 when the country's key exports begin a long-awaited recovery, analysts said yesterday. The won, down 7
        Reuter  -  272 words
      • Article
        Lock icon Barclays merger to create giant with US$363b in assets
        233 26 Bloomberg Business News [LONDON] The merger of Barclays pic's fund management businesses into a single USbased division, Barclays Global Investors, will create the second largest firm of its kind in the world with US$363 billion (Sssls billion) invested. Barclays, Britain's third
        Bloomberg Business News  -  233 words
      • Article
        Lock icon China sugar market recovering
        274 26 Reuter [HONGKONG] Smiles are coming back to the faces of Asian sugar traders and industry executives, who are smacking their lips at the prospect of a stabilised Chinese market and decent profits for sugar mills there. Prices for sugar in China were starting to move to
        Reuter  -  274 words
      • Article
        Lock icon CURRENCY REPORT
        159 26 Reuter, AFP THE dollar remained trapped in tight ranges against other major currencies as the market focused attention on the US September Consumer Price Index (CPI) release. The US Labour Department reported that the CPI rose 0.3 per cent in both the overall measure as well as in
        Reuter, AFP  -  159 words
      • Article
        Lock icon Oil rally resumes on more supply shortfalls
        295 26 ENERGY REPORT Reuter [LONDON] A rally which swept world oil prices to another post-Gulf War high on Tuesday picked up steam again yesterday amid further indications that heating fuel stocks are low heading into winter. At 1315 GMT, November Brent crude oil futures
        Reuter  -  295 words
      • Article, Illustration
        Untitled
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        1,373 words
    • Article
      COMMODITY PRICES
      1724 27 Oct 16 RUMU (Mm dMkm SJQpa) RSS1 C0NTVA€T(S c«its/k«) Ma** mm Law Closa Satt (tOMOS) OpM Morwt NMN OK 96 JM 97 Ft* 97 Mar 97 Apr/Jim 97 -W/Sap97 Oct/Otc 97 ***** 171.00 179.00 179.00 176.00 178.00 179.00 179.00 176.25 ***** 181.50 183.00 ***** 184.75 185.25 185.75 400
      1,724 words
    • Article
      WORLD STOCK MARKETS
      2245 27 lonoon Oct It p,, AB Ports 273 -2 ADday National 606 -9.400 AHMDonwcq 480 23 Amac 108.400 uneh Aid* Group T12.200 1.600 BAT (nd 444 -6 BtCC 302.400 4 BOCGroup 872 -5.400 BR Patroiaum 675.400 -8.600 BTR 260 -5.400 Bank af Scotland 269 -4 Bare Kyi 975.400
      2,245 words
    • Article
      Lock icon TOKYO
      1639 27 Reuter D Nikkei 225 -3174 STOCKS ended slightly lower yesterday after profit-taking eroded early additions to the previous day's gains, brokers said. But they said the losses were cushioned by small-lot buying by investors and some pubic funds. The 225-share Nikkei Average finished 32.74 points lower at 21,397.19. Its
      Reuter  -  1,639 words
    • Article, Illustration
      Lock icon HONGKONG
      1603 28 AFX Asia Hang Seng -94,52 SHARE prices closed lower yesterday as investors began to take profit after the index set two consecutive closing records, dealers said. The Hang Seng Index Zelosed down 94.52 points at 12,396.18. Turnover was HK$9.l billion. Dealers said the profit-tak-ing, which affected mainly property and
      AFX Asia  -  1,603 words
    • Article, Illustration
      Lock icon CHINA
      602 28 Reuter nShAnjfliiß Share Index -0.41 SHANGHAI B shares slipped on falls in selective stocks yesterday with a wait-and-see mood still dominating the market, brokers said. The B Index dropped 0.41 point to 48.49 on volume of 7.8 million shares worth US$2.2 million. Brokers said falls in Shanghai Shangling and
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  602 words
    • Article
      Lock icon TAIPEI
      391 28 AFP Qw? Index -4SJ2 SHARE prices finished 1.0 per cent lower yesterday as prices consolidated, brokers said. "Institutional investors sought to sell at highs and buy at lows while the market was undergoing a consolidation," said a trader. The TSE Weighted Price Index fell 65.12 points to 6,551.26. Turnover
      AFP  -  391 words
    • Article, Illustration
      Lock icon JAKARTA
      760 28 AFP Q Composite Index -2JBL SHARE prices closed lower yesterday with foreign investors sidelined amid a lack of fresh incentives and political and corporate uncertainty. "Foreigners are increasingly leaving, because they are getting worried about Indonesia's overall image and because there is no incentive to buy," a dealer said.
      AFP  -  760 words
    • Article, Illustration
      Lock icon BANGKOK
      830 28 AFP +IL4Q SHARE prices closed up 1.3 per cent yesterday on a technical rebound as investors hunted for bargains, analysts said. "The technical rebound will only be for the short term due to a lack of positive factors. Speculation by local players, especially in the finance sector, made for
      AFP  -  830 words
    • Article
      Lock icon MANILA
      318 28 AFP Q Manila SHARE prices closed higher yesterday as local investors hunted for bargains after a slump in the previous seven trading days. The PSE Composite Index rose 56.14 points to 2,983.57. Turnover was 6.7 billion shares worth 5.2 billion pesos. Manila Electric Co B shares rose 12 pesos
      AFP  -  318 words
    • Article
      Lock icon SEOUL
      350 28 AFP FlCwnpwitehig *151 SHARE prices closed higher yesterday, helped by a technical rebound in blue chips and some underpriced shares. The Composite Index advanced 6.56 points to 835.17. Turnover was 47.9 million shares worth 882.6 billion won. Despites the price rise, falls beat risers 517 to 407. By sector,
      AFP  -  350 words
    • Article
      Lock icon SYDNEY
      599 28 AFP DAP OrdrauTM -u STRONG resource shares fighting with weaker industrials helped forc£ down share prices yesterday. The All Ordinaries Index fell 1.2 points to 2,365.0. Turnover was 365.9 million shares worth All. 1 billion. BHP rose 22 cents to AJ17.22. The rise followed an announcement of the sale
      AFP  -  599 words
    • Article
      Lock icon WELLINGTON
      261 28 Reuter FlVefliiMgtoo +4,32 SHARE prices edged higher yesterday, but brokers said the Reserve Bank's warning shot helped take the shine off the rally. The NZSE-40 Capital Index ended 4.32 points higher at 2,325.96. Reuter to* 1 *f- mm AN2 Banking 8.45 0.03 ***** MvantagatHM* 130 -0.05 ***** AlrNnZMMIA) 2.71
      Reuter  -  261 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Trade data fail to spur market
        8240 29 AFX-Asia Fl Composite Index +0.43 SHARE prices closed offhighs yesterday, led by profit-taking in Tenaga after the government said the company will pay compensation for the Aug 3 blackout, dealers said. News that Malaysia recorded a trade surplus of M 5600.7 million in August
        AFX-Asia  -  8,240 words
    • WARRANTS&OPTIONS
      • Article
        'Warrants' with an annual coupon
        3783 30  -  WARRANT WATCH -By R Sivanithy THIS column has always featured traditional warrants instruments with fixed life spans and which, after payment of a fixed exercise price, convert into shares. Today's column differs in that it features a similar instrument but with the difference irredeemable convertible
        3,783 words
    • Article
      CLOB INTERNATIONAL
      2220 30 MALAYSIAN STOCKS f --'V i,*'■% 1 < Cr Or W88 Loot Vol 0oy LootOooto Ok R« YM IM Me« hn> l— c«m> Mi rooo) hh» l— >gr soaw cv m $■> US 360 mi 5000 AIM50c 420 ed -2 3 422 420 420 430 5.0 4.9 01 87.9
      2,220 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
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        1,175 words
      • Article
        MAIN BOARD
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        4,535 words
      • Article
        SESDAQ
        952 31 Or Or M Wt t*M KM VM Day LaatOvato Oh Oh W M Can An H8» Law jg> Cimaany tat» rOOO) W0I Law Ny« MNr Cw Pft tmM Prtca ICSMO 299 135 2000 AMHMgsSc Ml unch 44 167 161 161 165 33 143 0.1 100.6 71.6 161 90 66
        952 words
      • Article, Illustration
        HOT STOCK
        78 32  -  *1 Paul Leo LAND AND GENERAL yestenkp rxm one cent to $2.75 on a strong volume of 1.54 million units, 10.7 times the lOday average q f 143.800 shares. A short-term rebound is expected given that the daity RSI is in deeply oversold territory. However, this rebound is
        78 words
      • Article, Illustration
        Market up broadly in second day of rebound
        885 32  -  STOCK MARKET COMMENTARY Recovery attributed to lessening of pressure on regional markets, technical buying and interest in BT-SRI index By R Sivanithy [SINGAPORE] Stock prices yesterday firmed across the board in cautious trading, with the benchmark Straits Times Industrials Index further distancing
        885 words
      • ON THE GRAPEVINE
        • Article
          Petronas' bond issue – pros & cons
          150 32 Petronas' bond issue pros cons PETRONAS' recent launch of a US$l.9 billion (512.7 billion) bond issue can be described as a success but not without some kinks. "We love the deal. It was executed in exactly the right way well road-showed, correctly timed, with the right maturities and attractive spreads
          150 words
        • Article
          Two rooms, one view
          106 32 WHO says a "divorce" can't be amicable. Although the Kay Hian-James Capel entity will finally break up next year, the two outfits' research teams are still closely linked despite being housed in separate locations now. Christopher Chong who was research director at Kay Hian-James Capel (and
          106 words
        • Article
          A good heart and memory
          135 32 SOME journalists in Miri, Sarawak, having breakfast at a coffeeshop on Tuesday, managed to catch up with Ting Pek Khiing, Ekran Bhd's boss, who was seen driving a car with his wife. Mr Ting, according to a Malaysian newspaper, joked with reporters and even raised
          135 words
        • Article
          Breking paradise?
          95 32 ONE anxious Singapore broker thinks the SES move to reduce the settlement cycle may just drive more people to trade in Johor Baru. According to him, runners from brokers in JB already come to Singapore to deliver and pick up Malaysian scrip and cheques. Market talk that JB
          95 words
        • Article
          HSBC Futures leads the pack
          84 32 THANKS to its dominant positions in the Eurodollar and Euroyen trade, HSBC Futures chalked up the most volume in the Jan-Aug period among 35 clearing members at the Singapore International Monetary > Exchange (Simex). The company's volume, however, contracted slightly to 9.1 percent of Simex's
          84 words
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      34 21 BOSS I. I llilJP DESIGN Office Contracts life- F i B ii 1 jgHI 5 i. M bE Siu<M|)..n- o.ci'u: < -H M .J.i 7 IM.U OFFICE TURNKEY DESIGN CONTRACT RETAIL OF IMPORTED OFFICE FURNITURE
      34 words
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      105 22 Espresso machines. Now available with their own aircraft: SR 183 and SR 187. How could you enjoy a five-course meal without proper coffee? It seems obvious to us, if not to other airlines. So on any of these Swissair departures you can enjoy a freshly made cup of espresso in
      105 words
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      188 22 111! 111! Hllll i raHPETROSIN f UHpy announces the npr difWrT^f PETROSIN BUSmES^ CENTRES PTE LTD f located at i Suntec City Towerl^^^H offices supported multilingual staff serve all your corporate ■V Reasonable Rates Flexible Leasing Uncompromising Service our General Manager, Westbrook to arrange a site I Olkes available from
      188 words
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      239 23 DM DAVIDSON ASSOCIATES You have decided his future is outside your company. What if it is also outside Singapore? When talents are rare so, often, are the roles in which they can vll em P'°V ec The Singapore pond is not large. There is room for only a given number
      239 words
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      Page 23 Advertisements Column 2
      298 23 365 560 Affordable L Itraportablc j i jThink j 760 Powerful u I inmHEffll HMMAaUAXBUU No matter where you are, a better place to think. ij f. n When you travel on business, why not take your office along with you? Our range offers all the flexibility, power and portability
      298 words
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      552 24 fl I HALL jl it irit 400 Orchard Road #03-45 Orchard Towers (Front Block) Singapore *****5. Tel: 738 7207 (Located above LingZhi Vegetarian Restaurant) to Juao where ihe and nostalgia of an authentic old-time f M J fining IHall awaits you. fl J kit /X the glory of tmjm long
      552 words
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      Page 24 Advertisements Column 2
      93 24 We provide Consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      93 words
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      170 25 Isn y t it comforting to know that safety isn t a high price to pay? MHHPJEmi AM PROGRAMMED RESTRAINT SYSTEM* ENGINE IMMOBI USER •PARTICLE POLLEN AIR FILT ER D RIV E R I S AIRBAG® FIRE SAFETY FUEL CUT-OFF SYSTEM •NEW SILENT 6-SPEED AIR CONDITIONING*ASPHERICAL DRIVER'S MIRROR*INFRA RED REMOTE
      170 words
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      43 26 > Singapore's one and only duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against rustic beauty. 0 NEGARA Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 (Hotel Negara is located behind Orchard Towers) nmffccuiTvusnMANT IK' f'f"'>•
      43 words
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      47 28 Express French style. PARIS Waterman Le Man y-jj\ Individually numbered, with a solid 18k gold nib. wl Tj Designed with the elegance that is the signature of Paris. L'expression personnelle. Guaranteed for life. Available at department stores and pen specialists. For more Information telephone: 1800 448 6671.
      47 words
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      83 29 Saab Ecopower. Prudent Management Of Power MW SAAB V^CaH^/ TR4NS EIRO4C4RS °Tf LU 2< I K< i Un.nl. Sinu;i|»»rt' I 55. I» |•li< >< <fo> I '«HXH I.1\:, 5 4- -s- 4 s| l)( u II 1 M«n >.»t s <0.1 in 4|tin CfAK KL'KOKAKS s/>\ iilll> Snlilnis 25. 2<>
      83 words
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      41 30 Alfred Dunhill ..,—,-u vfjiutt U H^SS &3te* ,J> ___r3 x C_/ W hk*linii'ii •> J-—- im s<j*~~S<a -'^''''■■■■■i^Hii^iBHHHXfIHHIHHMHHHHHHHHMHHHHHHS The Dress Pen jjj C/au/ct fa treasure since fs93. 1 U/rrt/ Au///<//ut tAe lAtrayott. -tyee ~4*i* Gttp. foyo Jt(fflej Qty a/tJ (Ata/utm tfany Ganrt.
      41 words
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      68 31 EnlM yOWrp |^g|i^jj[jj^gp I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing
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      Page 31 Advertisements Column 2
      26 31 FREE! If you Have found, something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. \<**±\ Anothw Q»—Wf» Sm^om
      26 words
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      349 32 BUSINESS Xotices •i <> \d\ i u 11si i i ioi i-1 ki:i: 1 i i ss3 J M FOR SALE BY PRIVATE TREATY E9 UNUSED M Offshore Gas Gathering Facility ■H The FACILITIES were designed as part of a project I'll to gather, compress and transmit rich/sour gases ■21
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      Page 32 Advertisements Column 2
      695 32 IN THE MATTEK OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OP SHENTON HOP! TIAN PTE LTD (INCORPORATED IN THE REPUBLIC OP SINGAPORE) NOTICE OP RESOLUTION PURSUANT TO SECTION 29M2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held al I
      695 words
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      Page 32 Advertisements Column 3
      308 32 NOTICE IS HEREBY GIVEN that, I Low Kiam Eng of Blk 17, Bedok South Road #01-577 Singapore *****7, have applied for a First Class Public House in respect of MVsThe Ulu Ulu Place located at No. lOAliwal Street, Singapore *****7, and that this application will be considered by the Liquors
      308 words
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      Page 32 Advertisements Column 4
      526 32 START YOUR CAREER HERECHECK OUT THE STRAITS TIMES CLASSIFIED EMPLOYMENT PAGES [cAxaj NOTICE IS HEREBY GIVEN that, I Sinnasamy Pachaimuthu Yanasakaran of Blk SSB, #02-449, Jurong West St 42, Singapore *****8, have applied for a Beer House, First Class in respect of M/s Fiesta Sa Linggo located at 304 Orchard
      526 words
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      Page 32 Advertisements Column 5
      305 32 NOTICE or SPECIAL RESOLUTIONS NICESOME PTE LTV At aa hxtracrdinary General Meeting of members of NICESOME PTE LTD duly convened and held at 112 Middle Road #07-03 Midland House Singapore *****0 on 9 October 1996. the following resolutions were duly passed: SPECIAL RESOLUTION "RhSOLVkD THAT puruiant to Section 290 (I
      305 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      325 33 Bridge News Reuter THERE was some sign of activity from the US Gulf for Panamax tonnage, and after days of talk firmer rates were reported to have been agreed on. The Baltic Freight Index was up 7 to 1,076, and again all the prices are higher for all
      Bridge News; Reuter  -  325 words
    • Article
      MARITIME STOCKS
      288 33 SES 000 WW 9 *h W C WT Otltrtbutton LOS unch M ChuanHup 0.9S *0.01 20 COKO Imoftmont _14S *0.02 43 rtlJ CSS unch 670 FrwqM UHkS 0.67S -O.OOS S GPHoMnp* 0.87 -0.01 24 MM Sun Hup O.MS *0.005 158 «K» Zoton 0.809 -0.005 62 IMC lluMfcltfl HK
      288 words
    • Article, Illustration
      Boston seeking to start direct service to Asia
      510 33  -  US east coast port holding talks with carriers in the Asia-US trade By' Yong Mei Fong [SINGAPORE] The port of Boston is actively courting container carriers with the hope of starting the first direct service between Asia and Boston. Brendan Dugan, maritime
      510 words
    • Article, Illustration
      Lock icon A tough act to follow for HK's new Port Development Board chief
      814 33  -  SHIPSHAPE By Rahita Elias IT's quite a challenge that's how the new secretary of Hongkong's Port Development Board (PDB) sees his job. "Tony is a difficult act to follow. He has the experience and expertise and knows all
      CHRIS LOH  -  814 words
    • Article
      Lock icon Cochin yard to repair Indian Navy submarines
      224 33 Business Line [KOCHI, India] Cochin Shipyard Ltd (CSL) will take up major repairs of submarines for the Indian Navy by early next year. Commodore S S Bawa, chairman and managing director of CSL, said just before his retirement from service recently that the
      Business Line  -  224 words
    • Article
      Lock icon Egypt acts to stop fall in Suez Canal revenue
      241 33 Reuter [ISMAILIYA] Egypt's Suez Canal Authority (SCA) is trying to reverse a slide in revenues, a vital foreign currency source, by making the canal more competitive and encouraging oil shipping traffic. Officials from the Egyptian parliament's transportation committee and the Suez
      Reuter  -  241 words
    • Article
      Zim discussing merger with potential partners
      197 33 [HONGKONG] Israel s Zim shipping company, the world's seventh largest shipping firm, is negotiating a merger with a major unnamed international company. "The possible merger of Zim and a large international company is under examination and we are negotiating with a number of potential
      197 words
    • Article
      Lock icon Seacor to buy Smit's 49-ship supply fleet
      238 33 Bloomberg Business News [HOUSTON) Seacor Holdings Inc has agreed to buy Smit Internationale NV's fleet of vessels used to supply offshore oil exploration operations for about U*****.6 million (*****.2 million) in cash, stock and debt. Seacor said it will buy the fleet of
      Bloomberg Business News  -  238 words
    • Article
      Lock icon Cosco's new 5,250-TEU ships may call at Vancouver
      358 33 Hyundai to arrive at end of month when it launches weekly service Bridge News [OTTAWA] The port of Vancouver is abuzz with rumours that the Chinese Ocean Shipping Co will make it its first port of call on the west coast of
      Bridge News  -  358 words
    • PORT Shots
      • Article
        Lock icon Cargo handling stops at Bangladeshi port
        78 33 Reuter [KHULNA, Bangladesh] A dispute between workers and the Stevedores Association has stopped the handling of cargo at Bangladesh's southern Mongla port, port officials said yesterday. The workers walked out in protest on Tuesday night after the association rejected their demand for recruiting more
        Reuter  -  78 words
      • Article
        Lock icon Alaska fishermen file lawsuit
        65 33 Reuter [ANCHORAGE, Alaska] Alaska's commercial fishermen, dissatisfied with spill-contingency plans approved by the state more than a year ago, have filed a lawsuit seeking tighter safety rules for oil shipping. In the lawsuit, filed in state Superior Court, fishing groups said the plans were inadequate to
        Reuter  -  65 words
      • Article
        Lock icon Madras dock to be deepened
        64 33 Business Line [MADRAS] Bharathi Dock (BD) and the navigation channel at the Madras port are to be deepened further to accommodate bigger vessels of nearly 1,70,000 dwt. According to sources, the port plans to further deepen the three berths at the Bharathi Dock —BD 1,2
        Business Line  -  64 words
      • Article
        K Line reports 1b yen profit in 1st-half
        125 33 [TOKYO] Cost savings and exchange rate fluctuations have given major Japanese shipowner K Line much better than expected half-year results for fiscal 1996/97, with a net profit of 1 billion yen (Ssl3o million) against an original expectation that the company would just
        125 words
    • Article, Illustration
      Lock icon Tracing the giants of the sea
      1158 34  -  THE VLCC: FOR BETTER OR WORSE The very large crude carrier has had a choppy voyage since the first one was constructed. With the I,oooth VLCC about to be delivered, a German has just written the most thorough history to date of the VLCC
      LLoyd's List  -  1,158 words
    • Article
      INDEX TO SHIPPiNG LINES AND FREIGHT FORWARDERS
      284 34 PACE ECL 6 ML I EES 13 Aeiocean 13 Ethiopian 6 •AM. 3 Euroiuns 6 Abie 13 Evergreen 6 Accord 12 '"J" 1 Ahrentuet 4 LBrK f" J knxmh* 4 FoongSun 12 Asto 3 Fr#U Austral 11 EWorld 7 Avant 6 CLW| 4
      284 words
    • Article
      SHIPPING GUIDE
      14487 40 EXPORT rr» fta VH sal Voyaga Talaphona ETA ETA Advartisar Vassal Voyaga Talaphona f «ih rwtt-n Dm Ham* Numfcar Numbar SIN Oast'n Njmt Nama NumOar Number 5-1 24/10 29/10 ACL KOTA SUB!A SUR229 45-*****21 J A 27/10 28/10 TSK ACX SWAN 244A 45 *****43 J To ABIDJAN (ABJ)
      14,487 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        635 47 Vessel Voy No Berth Arrival Departure trtftPtniuU 7 """"""KM noogw* UMKW 602* J« S5£tSS MM* it >0 J'5 *>«9*«« g jggg st Mm* 391* JO' *«9*<* "W™ ItMSat* 0110* JO. *<>«*><* £™000 55/* JO' *"J3° it .man tv* JO' 22ff2o BtPT«or 19/* J01 *"N»* **"2300 ss* S 2»
        635 words
      • Article
        CONTAINER SCHEDULES
        1737 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Boloncc Rstis Ship Voy No Etb/Btr Pork* Frow To From 44.04*. 66.7 I7/W0 W«00 -*£00 c /0,C0 ~5 5£2 "5flS 2* 16/1700 IT/0659 17/0*00 21 16/1700 17/065* 17/0*00 J 17/0700 IT/059 1T/M00 4 17/1200 17/145* 17/1700 gg 1 M 16/1700
        1,737 words
      • Article
        GLOBAL HOLIDAY
        182 47 OCT 18 Azerbaijan: Independence Day. OCT 20 Guatemala: Race Day/Discovery of the Americas. Oct 21 Hong Kong: Chung Yeung Festival. India: Dassera. Kenya: Sunday's Kenyatta Day. Honduras: Armed Forces Day. Oct 23 Thailand Chulalongkorn (In Re membrance of King Rama V). Hungary: Anniversary of 1956 revolution. Oct 28
        182 words
      • Article
        COCKETT BUNKER MARKET REPORT
        678 47 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indi cated The Cockett Bunker Price Index change
        678 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        529 47 Carton 180 MM 992.6 1.0 17.6 0.10 55 0.00 m IknittK Water KmMm ith ilunMuil Ho ibovt £25 1 0 2SL2 2211! 222 380 Ay* 988 0 0.3 13.9 0.07 32 0.00 l££ 380 *ii 991.5 U 18.8 0.11 52 0.00 K/iri m/m %h/h mi mtm*
        529 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Fagsa planning to set up captive insurance company
        349 48  -  Airline sales agents to hold general assembly in Geneva next month By] Dexter Lee [SINGAPORE] London-based Federation of Airline General Sales Agents (Fagsa) plans to form a captive insurance company to relieve its members of the need to get bank guarantees required
        349 words
      • Article, Illustration
        Lock icon 2 UK car makers invest for export drive
        336 48 Rover to lannch new model, Vanxhall to upgrade plant Reuter [BIRMINGHAM] Two of the biggest names in the British motor industry. Rover and Vauxhall, kicked off the British International Motor Show on Tuesday by unveiling big new investments to fuel their drive
        Reuter; REUTER  -  336 words
      • Article
        Lock icon Kiwi to suspend operations due to lack of financing
        295 48 Bloomberg Business News [NEWARK, New Jersey] Kiwi International Air Lines Inc was to suspend operations on Tuesday night after the company said it couldn't find financing to keep flying. Kiwi's chairman, Jerry Murphy, blamed the low-fare airline's chronic cash shortage and
        Bloomberg Business News  -  295 words
      • Article
        Lock icon BA's bid for Air Liberie raises some market concern
        317 48 Reuter [LONDON] British Airways pic could be throwing good money after bad if it succeeds in buying insolvent French airline Air Liberte while its TAT subsidiary is still losing money, but analysts said BA could yet prove them wrong. "I am
        Reuter  -  317 words
      • Article
        Lock icon Proton aims to build 1m cars a year at new plant
        349 48 FT ILONDON) Proton. Malaysia's national car maker, is investing US$BOO million (Ssl.l billion) in the first phase of a new modular car factory near Kuala Lumpur designed for eventual production of 1 million units a year. The First of
        FT  -  349 words
      • Article
        Lock icon CSX to buy Conrail for US$8.4b in cash and stock
        338 48 Merger will create largest freight railroad in east US LA Times [NEW YORK] CSX Corp on Tuesday agreed to pay US$B.4 billion (SJII.B million) in cash and stock for Conrail in a merger that would create one of the largest
        LA Times  -  338 words
      • LOG Book
        • Article
          Rolls Royce's Trent 800 gets FAA nod
          64 48 (SINGAPORE] British aero engine maker Rolls Royce has obtained Federal Aviation Administration (FAA) approval for extended-range twin-engine operations (ETOPS) on its Trent 800 engine. The FAA approval acknowledges the integrity and reliability of the engine/aircraft configuration for ETOPS operations, allowing the Boeing 777
          64 words
        • Article
          Lock icon Strike won't stop Air France's long flights
          99 48 Reuter [PARIS] French flag-carrier Air France will maintain all its long-haul flights today when a public sector national strike will reduce air traffic control cover. "We will assure all our long-distance flights," an Air France spokeswoman said on Tuesday. But medium-haul destinations will
          Reuter  -  99 words
        • Article
          Lock icon GM idles more workers
          82 48 Reuter [DETROIT] General Motors Corp (GM) said it laid off 4,275 components-plant workers in Mexico, bringing to 10,187 the number of US and Mexican employees idled by a Canadian Auto Workers strike against the car maker. CAW members began walking out on Oct 2 after failing
          Reuter  -  82 words
        • Article
          Lock icon Dublin airport passengers up 14%
          90 48 Reuter [DUBLIN] Passenger traffic at Dublin airport in the first nine months of 1996 was 14 per cent ahead of the same period the previous year, Irish semi-state airport company Aer Rianta said yesterday. Aer Rianta said 7,084,812 passengers passed through Dublin Airport in January
          Reuter  -  90 words
      • Article
        Lock icon VW refuses comment on former Clinton aide
        208 48 Bloomberg Business News [WOLFSBURG] Volkswagen AG declined to comment on a report it hired US President Bill Clinton's former campaign adviser, Dick Morris, to provide public relations advice on the German car company's legal conflict with General Motors Corp. "Our official and unofficial
        Bloomberg Business News  -  208 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1734 48 CITY FLIGHT ETA FIJ6HT ETP AtaPtaW S044I 1530 L Guangzhou S0803 1905 S0804 1020 Adelaide S0230 1830 0f82 2055 ***** 2048 0F81 1930 H—< WT4» OOP VW740 HIP Amsterdam KL843 0455 KL838 2300 Hft Yai TG407 2105 TG408 0820 DL25 0650 0126 2355 1—95 2K5 WW6
        1,734 words
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      585 34 1 ni <WlWM>cffßgßa ow I *vtssa vot m vm sa u si nssa vot p— jm m cot sm NffTWK AIOMMfTI MW 23/09 M/M M/M M/M 17/1# 051 05/10 00/10 11/10 17/10 Jl/10 lAMSMT 03W 30/00 03/10 03/10 07/10 M/ 10 MMAIOAT 0M 12/10 13/10 10/10 14/10 M/N MX WOT
      585 words
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      Page 34 Advertisements Column 2
      547 34 •UnM* M rvtc«r«pr*Mntod [f£SkX\ by Mwnbcra of Vw RogMry of fß99\ 9 MOTO < w M@f)) Accr«tt«) Shipping Ag«nt>. QUU Shipping Aaaoc AMOO f Just talk to us... Iris Llm 740-2044 Tan Lip Chuan 740-1645 »Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Japan •2 x Hongkong -1 x
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      1223 35 1 PAOfK SOUTH WEST EXPRESS (WRECT) Ivesa Iwr 1 m lam Isneip iux not mb» w wrc «i hou AfITHMUND OOK 14/10 14/10 17/10 01/11 OS/11 00/11 00/11 07/H 07/11 00/11 Ot/11 JO/11_ mwffig omi 71/10 a/io k/io 01/11 12/11 it/11 h/» h/» '3/" u/ii__»lij_ mom oix a/io »/w 30/10
      1,223 words
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      Page 35 Advertisements Column 2
      2308 35 I HANJIN SHIPPING USA CANADA* uNtHAu/vor iar~ sw sia IrpiiTw I ro> Io« wt om wh ww mi oos wt( otf rv» Imlrn| m I nc kommmmu a/u m/u m/u 1//11 17/n i7/n 17/n u/u u/u m/u~ 11/11 10/11 ggi m/u m/u u/u u/u n/u 20/11 m/u UTOMKMUWII Wj> 31/10
      2,308 words
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      Page 35 Advertisements Column 3
      108 35 lam ORIENT EXPRESS UNES (U.K.) LIMITED OgS (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VfSSfl VOY SWGAfOM lO*»AY VESSEL VOY IQMtAY SINCAPOUE SINAR TQBA 202 28/10 04/11 SINAR TOBA 201 21/10 28/10 NORDKAP 402 31/10 07/11 NORDKAP 401 23/10 31/10 LEERORT 300 05/11 12/11 EUZA 303 30/10 05/11
      108 words
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      Page 36 Advertisements Column 1
      1110 36 <CT DSR-SENATOR 181 Round the World Container Services t TO UK/CONTINENT FROM UK/CONTINENT n ttMEI VOT fuTI STM I MV I HAM |FU I AWT I U<A I [vHSfI IvOY luW Km WV JtfjL. JjjL jgL. -g— N mumimoum ~HmS rTiT "IsTT 1211 uii 1111 CMJFOMMOMON WGSM 8 H «11
      1,110 words
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      Page 36 Advertisements Column 2
      1268 36 NORASIA I VESSEL VOY fam PKL OOA LAS BCL VAL ALO ROT AMT FEL LHA I MSCALEXA 9641 3 23/10 24/10 08/11 13/11 09/11 17/11 10/11 14/11 I*ll W1 I*ll MSC CARLA 9042-3 30/10 31/10 15/11 20/11 17/11 24/11 2VII 21/11 22/11 2MI 24f11 I NORFRMOURG 0043-3 o*ll 07/11 22/11
      1,268 words
    • Advertisement
      Page 36 Advertisements Column 3
      435 36 Direct Container Service -V to Fangcheng Zhanjiang Vessel Spore Fangcheng Zhanjiang UANBAO 26/10 31/10 02/11 JVOfITRANS" TIL 65-*****67 FAX: 65-*****90 jjjl tffrr liwr Serufct fe Iffcak I law (fc^i Multi-Purpose RO/LO Carrier Accepting: RO/RO, Ramp Capacity opto 40 taas Heavy lift apta 6&5 teas CeaveaHead/kedkk /Cm tebtr/Reehn CmMMT Thai Flag
      435 words
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      Page 37 Advertisements Column 1
      1341 37 SHIPPING PTE LTD 10 Hoe Chiang Road *11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax? *****17 SMAH I BRUNEI CONVENTIONAL SERVICE HO CHI HIIWH fUIL CONTAINER SHVICI vcsa VOT -sST" MM Ml IvtSStl VOT tTASIN (SAT) nAHCM(TV» smm wort vo»24i i«/io 21/10 22/ 10 otmi waiuiov vooisn 10/15 22/n stiatostaa
      1,341 words
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      Page 37 Advertisements Column 2
      1506 37 DIRECT GUI TO KAOHSIUNG, TAIWAN 1 S/UUNG EVERY MONDAY I WITH SHORT TRANSIT OF 5 DAYS j I SMOAPORI'SGENERAA AGENTS: ashwton mi tel 774 1000 fU: *****00 OUTWMO(I/u *****02 ffISKSKL........ !Z! COSTAR SNIFFING PTK ITO «i7-mdkmm saus/mcs «20j«4i/<j mvmid mtt (d/oi 4?os/«s COSTAR AGENCIES (M) SDN BND q MO: H717W*****
      1,506 words
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      Page 37 Advertisements Column 3
      496 37 (7~T DAI ZHUN A Iffy TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUCIIM&-FASTtS7 TMAMSIT/ MUAMAHtIOIITY If fill 71 /HO CHI MINM-DIDICATiD A GISOON 9613 It/10 GUOO 9630 19/10 GIWI ***** 22/10 G4KIM 962S 20/10 GIHO ***** 21/10 GIHUAT
      496 words
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      Page 38 Advertisements Column 1
      1405 38 EUROPE/UK/SCANDINAVt A/FINLAND/RUSSIA [SGP ROM ANW HBG TUP ZEE LHV LHV THP HON ANW HOG PKI SOP E RACER AW-012 21/11 N/11 11/11 11/1f 12/11 13/11 E. GUIDE RE-075 21/09 23/06 22/00 24/00 24AM 20/10 22/11 E. RESULT RW-010 20/10 15/11 16/11 11/11 11/11 16/11 20/11 i 6ARLANO Ri-040 20/00 01/11
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      Page 38 Advertisements Column 2
      1039 38 Vtssn VOYAGi SGf 001 AMI OMN MM KWT Ml I VlSStl VOYAGI DM AMI MM tAM %Gf I "■"COB WJMW JVIO OVII 01/11 OS/11 (VII (Ml OVII I UMCHACT M7T0331 5/10 07/10 STIO M/ 10 JI/10 ■UN COMMA M77-03MT 11/11 IflJ/ll 11/11 IVII 13/11 11/11 11/11 UNI ((OWN 0473-03SC I
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      Page 38 Advertisements Column 3
      627 38 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UNES) FAX: *****19/*****03 TELEX: RS ***** RtSH4P (3 Unes) CR NO: **********0E l® ETHIOPIAN SHIPPING UNES ACCEPTING FCL AND CONVENTIONAL Vimil Voy I ETA Loading for Sp or* NgMWt 44W8 18/10 ?!!^L^ SSab AnJnel j 46W8 14/12 H KIEN HUNG LINE
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      Page 39 Advertisements Column 1
      751 39 BSfl a. M MYANMA üBBk FIVE STAR LINE (Myaanar Notional line) loading for YaNgoN (Rangoon) VESSEL VOT SIM PKG KM PGU AVA 137W SU> PAGAN 236W 19/10 MALAYSIA AGCNTS: (OUSHAO SHIPPING AGENCIES KTJL Til 02-03-*****00 PKL HI 02-03-*****01 rot m 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A strvi<t Andrtw Woif
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      Page 39 Advertisements Column 2
      1035 39 Ik HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 PNA PKE I POO VBSH/VOY VOY I SIN I ITM 1 AWT I IB MAM IRII Ftt OVO9 ii/ 09 ***** NT. COMMODORE »2W 14/10 01/11 01/11 01/11 01/11 01/11 05/11 16/09 10/09 19/09 MY. FEDERAL JOIW 29/10 15/11
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      Page 39 Advertisements Column 3
      476 39 (i£_ FAMOUS CONTAINER UNES jfifc 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) Twice Sailing To UNITED KINGDOM sITOTXAND/ Aberdeen «kwkndJ) i Birmingham <Z FEUXpOWE London^" DIRECT SAILING TO SOUTHAMPTON FELIXSTOWE Please call for FAMOUS MOLLY *****33 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10
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      Page 41 Advertisements Column 1
      55 41 To retrieve more schedules, just follow these simple steps... Step^ ste^if he document M)ial 740-6000 be faxed M y U# "1" N the port your Step key in the four number digit code jf I Key in your Exampto: i fax number To NEW YORK (NYC) 2275 jlj oi United
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      Page 43 Advertisements Column 1
      542 43 Weekly LCL tk FCL rODICaI Services to Caribbean hipping A Central America SI MISTRAL DOfiTHE MAERSK 003E 9611 Port Country 22/10 29/10 Belize City Belize 25/11 02/12 Bridgetown Barbodos 28/11 05/12 Cartagena Colombia 27/11 04/12 Castries St Lucia 27/11 04/12 Fort de France Martinique 28/11 05/12 Freeport Bahamas 23/11 31/11
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      Page 43 Advertisements Column 2
      1304 43 ADVANCE CONTAINER LINES (PTE) LTD A A I 1 140 Cadi Street, #12-00, PIL Building. Singapore *****0 L TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA (S SatlinoUWMfc to PAT. 3 Selling* to OUT. 2 Sailings to LCH) (4 S*lli»t*AH*k) POpT AUTHOfytTT THAIIAWP Vtssa VOY
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      Page 43 Advertisements Column 3
      909 43 **********02 VESSELS VOY SW OAAWETTA LE HAVRE HAMBURG THAMESPOWT ROTTERDAM ANTWERP CALIFORNIA ORION UI7W 21/10 02/11 11/11 12/11 14/11 15/11 17/11 VILLE D'AQUILA AI7W 28/10 00/11 Wll 19/11 21/11 22/11 24/11 VILLE DE CARINA CI7W 06/11 16/11 25/11 28/11 28/11 29/11 01/12 VILLE 0E SAGITTA SI7W 23/11 02/12 03/12 06/12
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      Page 44 Advertisements Column 1
      1549 44 —HEEHMMW 1 VESSEL VOY SIN JKT [VESSEL VOY SIN PEN WANA BHUM 347S S«t 19/10 Tut 22/10 GUWU BHUM <713 Thu In Pt S« 18/10 H [VESSEL VOY SIN BKK DA NU BHUM OSS TtJW HT B MAS EMPAT 6143 Sun 20/10 Tu. 22/10 J BANI BHUM 16N Thu In
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      Page 44 Advertisements Column 2
      979 44 ISSSS?OM/OifTSaOWO M*VfC« WNiJ^/CMCOTfIIiSI VIStIL VOY UN CTO ViSML VOY UN I CCU MtOHWA 114 ~MON [21/10 MM 125/10 BTIOM SPKINO 261CN1 MON 31/10 SAT 26/10 CONStSTCNCI 331 THU 34/10 MON 2»/IO BxOU» SINOAPOtT 22» THU NkON 21/10 DAfU 1002 SUN 127/10 [THU~ 31/10 BEACH! CiOUP 356 1 SUN 137/10 IMM
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      Page 45 Advertisements Column 1
      662 45 SINO EXPRESS SHIPPING (PTE} LTD. Wll COLLYER QUAY #0«-01 THE ARCADE SINGAPORE *****7. W M TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VESSCiyVOY ETA SIN ETA HKG ETA SHA W/T HKG: Beijiao, Chiwon, L 1-, mm. ■Im-Si-JIM FU 9623/9624
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      Page 45 Advertisements Column 2
      449 45 \m, a« MN CONTAINER LINES. IMC I Agents: MAC-NELS SPORE: *****22 (24 LINES) KUCHMQ: (062) *****3 I I-IWV- J CffNOHMmoOON SWU: (064) *****9 MAMLA: (632)*****61 1 W PENANG: (04) *****6 BANGKOK: (662) *****57 SURABAYA: (31)*****0 P- KELANQ. (03) *****77 JKT (21)*****07 MOW: (61)*****3 BANDUNG: (22) *****96 HKG ETA FREMANTLE ETA
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      Page 45 Advertisements Column 3
      282 45 jfiSMHMNMfc IS'pore P.Katang Loading For AMANPULO 28/10 RdnVAtwAJK/Nan I NICHOLAS 22/10 02/11 RdnVAtw/UK/Nan I Loads E7W. Malaysia. Indonesia _J I Loading for PAN CRYSTAL Dubai/Bahram/Damman/Kuwait I CAPT YANNIS L Dutoai/A-Dhabi/Dona/BahrarVDanwian/Kuwait MAKAR Hodetdah/Jeddah/Aqaba/ Pt. Sad I HAUM METE I "Loads Singapore. EVW Malaysia. Indonesia I I Loading for I OCEAN ISLAND
      282 words
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      Page 46 Advertisements Column 1
      750 46 Shipping Times ""BUSINESSCENTRE 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 Press T&key in Document Code Key in your fax number
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      123 47 LEGEND rs,orm T #C direction with speed in knot, ••Ro.n Wove height Cloudy Sky Surface winds ore indicated by arrows which fly with the wind One full circle represents calm or light ond variable winds I One half Heche represents 5 knots i L—. One full fleche repiesents 10 knots
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