The Business Times, 23 October 1997
1997-10-23
1
44
https://www.nlb.gov.sg
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The Business Times
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Title Section13 1997-10-23 1 THE BUSINESS TIMES MITA (P) 02ayiara6 85e SINGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, OCTOBER 23,199713 words
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Article57 1997-10-23 1 ass #f1173U8 (-39.54) IMB 77M7 (-29.15) SSf-48.48) D SrSt-16.18) U sr™ IQJ8K COUP _Z-tt JlKKEI 17,0741 _H77iJ ■ANO SENO 11JB7.77 _-7IM3 S INDEX IILM +&U UtTA COMP _jaUS__.-i.74 MANILA COUP —1JS8J7 44 JI ISPOWPf 7JHS.47 -4LW _JB0UL COMP MUt +14.47 CHINA B _J mn -1717 AWT ALLOW UU57 words
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Article36 1997-10-23 1 a, us UBS u» 4r IJB—sm UM IM Wf IN 1» IJ1S M UM a«7 m tot im UM U4I ■WlAH IN UZ7 UM fijOBlUB 8MQAP0RB* 144 18.00 WtD- iw 1171 SS'JSS^SL (Source: NatWest Bank)36 words
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Article, Illustration1014 1997-10-23 1 Loh Hui Yin, Larry Wee - Interest rates soar, Hang gangw,duw 6J7% to 11,637.77 From Loh Hui Yin, Larry Wee HONGKONG'S leaders yesterday rejected an unprecedented call by the business community to delink the Hongkong dollar's peg to the US greenback, even as interest rates soaredAFP - 1,014 words
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420 1997-10-23 1 R Sivanithy - Hang Seng loses G%, all markets except TMui tmwKU By R Sivanithy [SINGAPORE] Waves of fund redemptions yesterday brought regional stock markets to their knees. The markets dismissed the Dow's 139-point surge on Tuesday and focused again on Hongkong, where the Hang420 words
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Article, Illustration545 1997-10-23 1 Audrey Tan - Fist pickup ruled out, brokerage sees GDP growth at 3-5% in 1999 By, Audrey Tan [SINGAPORE] In what must be the most bearish reading of the Singapore economy to date, SBC Warburg Dillon Read has slashed its 1998 growth forecast toSource: SBC Warburg Dillon Read - 545 words
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817 1997-10-23 1 Anthony Rowley - HK and Singapore seen jus vulnerable because of exposure to property lending By Anthony Rowley from Manila THE spreading contagion in East Asia of collapsing currencies and plunging stock markets is unlikely to abate until the underlying problems of inflated asset prices and misallocated817 words
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Page 1 Advertisements
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Advertisement142 1997-10-23 1 msnn VnatatMi Tnat was creative .Technology's strongman Sim Wong Hoo's promise after announcing a trebling of Ql profit to t)S9S2m. How did the mwipany stump analysts?, SflS charged The masters of the two tankers which collided and caused tte worst oil spill fc Singapore's history were charged in court yesterday,142 words
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Advertisement440 1997-10-23 1 ir~ 'a i m JBf Based or toner ytek) of 5* coverage fjtmM|L a network operating spsrefm art Windows NT. Novell V NqUiBA NefmwßMOW lAN Ser»« HP-UX V SonOi Windows 95 Sotani SCO ur*x '8M Ai* W«Jo»s for Workgroups, v y Mxmoft LAN Manager ATtT <31 MmMmm fontfcm. Apple fa*440 words
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SINGAPORE AT HOME & ABROAD
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230 1997-10-23 2 AN ITALIAN telecommunica- tions company has launched an international fax service in Singapore that is up to 60 per m cent cheaper than normal fax international direct dialling IDD. Tele Media International's fax service is fully licensed by the Telecommunication Au--1 thority of230 words
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380 1997-10-23 2 Diana Oon - Bat enquiries up as Casafina re-offered here and in HE with finance package By] Diana Oon HOMEBUYERS yesterday were in no hurry to book units in DBS Land and Far East Organization's Casafina condo project despite the authorities' go-ahead for its headlinecatching financing380 words
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475 1997-10-23 2 David Boey - SBA removes provision lifted from Sedition Act By David Boey A REVISED Internet Code of Practice that clarifies prohibitions on pornography, violence and material that could incite racial or religious hatred will swing into effect from Nov 1. The revisions are based on475 words
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Article, Illustration327 1997-10-23 2 Teh Hooi Ling - E7E ON THE ECONOMY Commerce By 1 Teh Hooi Ling THE business at fast-food outlets and other eating places continued to rise, albeit modestly, in August. Preliminary figures from the Department of Statistics showed that sales at fast-food outlets and other catering estab- lishments went upSource: DOS - 327 words
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229 1997-10-23 2 SOFTWARE design supplier Cadence Design Systems expects Asia-Pacific revenues to double this year to almost US$lOO million (SslsB million) and to grow over 35 per cent at least from next year onwards. Cadence's vice-president and general manager for the Asia-Pacific, Richard Cobbs, told a briefing:229 words
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285 1997-10-23 2 Soh Tiang Keng - By Soh Tiang Keng LLOYD'S of London is applying for a Singapore government licence to write risks here as a registered insurer in a bid to gain greater access to Asia. This was revealed yesterday by Nicholas Prettejohn, managing director285 words
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443 1997-10-23 3 Catherine Ong - By< Catherine Ong Staffers in both believe deal could lead to axings especially in Asia MONTHS-OLD rumour of a merger between Singaporebased ABN Business News and CNBC gained credence yesterday with a confirmation from a major shareholder that a deal is close443 words
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362 1997-10-23 3 David Boey - Strong interest reported despite region's troubles By David Boey THE recent currency turmoil and bearish sentiment dogging the region's economies have done little to dampen interest in Asian Aerospace '98, the world's third biggest airshow after the Paris and Farnborough shows. With some four months362 words
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Page 2 Advertisements
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Advertisement45 1997-10-23 2 v V V I n a dL L Un!imiieil\ Chicago's hottest jazz drummer displays his unlimited talents arid his unlimited band from 6 October '97 to 3 January '98 at Somerset's Bar every night except Sunday, on Level 3, The Westm Plaza. Tel: 431 61^6.45 words
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Advertisement370 1997-10-23 2 I AUSTRALIAN FREEHOLD WATERFRONT FARM I 1,. i h I I A great position this unique waterfront property has one of the best water views waterfront freehold land that you can possibly imagine to own in Australia. Situated in the State of QLD in the Stanthorpe District and 68 kilometres370 words
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Page 3 Advertisements
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Advertisement419 1997-10-23 3 1 Yeer Ssvtng 2Y*wt y Quarterly Magazine (4 issues) Ss3l 20% SSS9 25* \\A V(P Q like tOSUbSCTIbe JQ BENCHMARK Investment Funds of Asia ■■B Quarterly Magazine Asian or Global Funds Analyses (6 issues) Ss69 30% Ssl29 35% Package-[A BC for i 2 years Ode the appropriate Quarterly Magazine Asian419 words
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Advertisement82 1997-10-23 3 PROFITABLE To succeed in sales today, you've got to stop selling products and services and start building relationships. It all starts by selling yourself. Introducing the new Sales Advantage program, conducted by David Scruggs. This isn't theory or lectures. It's practical skill development that produces long-term, quatifiable improvements. Increase Repeat82 words
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FOCUS: PROPERTY
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Article, Illustration573 1997-10-23 4 Abdul Hadhi - Prices of these flats seen falling low enough soon to lure lower-end condo buyers By. Abdul Hadhi [SINGAPORE] THE price of HDB resale executive flats may soon fall low enough to make them attractive to executive condo and lower-end condo buyers, say market observers.FILE PHOTO - 573 words
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Article880 1997-10-23 4 HDB transactions from Sep 18 to Oct 10, 1997 TYPE/ POSTAL CONTRACT BUUHN PfKt PSF LOCATION DSTWCT OKI SOFT) UWT CSS (STOOD) 2-Room (Standard) New Market Road *****008 T» 22 Nile Road *****007 473 135 285 3-Room (Type A) Bt Bate* St 21 2365 *****003 807 Hi 229880 words
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Page 4 Advertisements
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Advertisement334 1997-10-23 4 FOR SALE BY TENDER FREEHOLD 7-STOREY WAREHOUSE Gross Floor Area: Approx. 74,000 sq ft Net Floor Area: Approx. 56,200 sq ft Land area: Approx. 30,000 sq ft •Ceiling Height: 4.5 m •Good loading facilities Only 3 years old Near main road Ideal for corporate HQ Investment Vacant possession For viewing334 words
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Advertisement166 1997-10-23 4 Prime freehold residential site >j aJBI Prestigious neighbourhocxl Land Area: 47,275 sq ft (Approx) Plot Ratio: 2.8 Close proximity to Orchard Road/CBD Excellent accessibility Conveniently located to amenities g 19 Nowmber 97 (W*d) at 4.00 pm For investment report and tender documents, kindly )g) j contact: Magdeline Goh, 228 7302;166 words
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MARKETS IN TURMOIL
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409 1997-10-23 5 Bruce Cheesman - By Bruce Cheesman in Taipei CALLS are mounting for the resignation of the governor of Taiwan's central bank to take responsibility for the government's "mismanagement" of the impact of South-east Asia's currency meltdown on the island's economy. As the immediate impact of the409 words
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Article, Illustration362 1997-10-23 5 Larry Wee - American funds sell S'pore currency as they poll out of local stocks, say traders By Larry Wee [SINGAPORE] The rout of regional currencies continued yesterday as Asean stocks were sold off heavily in Asian trading yesterday. Against the US dollar, theSource: Dow Jones - 362 words
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561 1997-10-23 5 Harish Mehta - Bangkok Bank profit down 43%, National Finance 88% lower From Harish Mehta in Bangkok THAI banks and finance companies yesterday turned out the expected dismal thirdquarter results, with financial giant Bangkok Bank Ltd reporting a 43 per cent net profit decline and561 words
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272 1997-10-23 5 [SINGAPORE] The ongoing economic turmoil could test the social stability of many countries in the region, said the Political Economic Rick Consultancy (Perc). In its Oct 22 bulletin, Perc noted that in some countries deteriorating economic conditions could create pressures that prompt272 words
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218 1997-10-23 5 [SINGAPORE] South-east Asia's currency turmoil has revealed "some inadequacies" in the region's system of confronting global economic forces, Ambassador-at-Large, S R Nathan said yesterday. But the current instability need not be permanent, he stressed. In fact, it can work to South-east Asia's advantage if the region218 words
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Article, Illustration79 1997-10-23 5 Watching the Aussie plunge [SYDNEY] With the Sydney skyline in the background, an Ord Minnettfutures trader works in his office on the day the Australian dollar dropped to its lowest value in 2\'i years. The Australian dollar yesterday finished at 71.1 US cents, down lVi cents from 72.8. Fears ofAFP - 79 words
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574 1997-10-23 5 S N Vasuki - Some say it's a good excuse to scrap Timor plans, boost confidence From, S N Vasuki in Jakarta INDONESIA'S controversial national car project plunged into uncertainty yesterday as its collaborator, Korea's Kia Motors, was rescued by a state-owned Korean bank as574 words
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327 1997-10-23 5 Siow Li Sen - Currency volatility getting'a little too much', says bank exec Byl Siow Li Sen {SINGAPORE] Citibank and United Overseas Bank (UOB) have stopped accepting rupiah deposits. A bank executive cited the extreme currency volatility as making it difficult for banks to manage their foreign currency327 words
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Page 5 Advertisements
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Advertisement7 1997-10-23 5 China Telecom debut seen dented, Pg 187 words
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SOUTH-EAST ASIA
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290 1997-10-23 6 LONDON Bernama THE "Asian century", which many in Asia expect the next century to be, will not happen, according to Malaysian Prime Minister Mahathir Mohamad in a speech delivered here. Rather, the 21st century should be "the century of the world"Bernama - 290 words
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440 1997-10-23 6 Harish Mehta - BANGKOK Nobody wants finance minister's job, says analyst; PM expected to give up defence By\ Harish Mehta ATTEMPTS to form a new Thai cabinet were plunged into jeopardy yesterday as three key technocrats refused pointblank to have anything to do440 words
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340 1997-10-23 6 Harish Mehta - BANGKOK Byl Harish Mehta A LARGE part of the crowds that gathered in anger this week to demand the resignation of Prime Minister Chavalit Yongchaiyudh comprised Bangkok's wealthiest BMW owners, millionaires, PhD holders and businessmen, according to a local survey. The340 words
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209 1997-10-23 6 BANGKOK AFP THAI officials have called for television stations to stop broadcasting overnight and for shopping centres and petrol stations to shut early in a bid to save energy, reports said yesterday. The call by a government committee came as the cashstrappedAFP - 209 words
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291 1997-10-23 6 Ven Sreenivasan - SINGAPORE Companies have applied to invest total of RM2.5b in hi-tech park, says official By Ven Sreenivasan MALAYSIA'S economic crisis has prompted its government to speed up the progress of its Multimedia Super Corridor (MSC) project, according to the head of the291 words
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Article110 1997-10-23 6 ■JAKARTA AFP INDONESIA has approved U5524.6 billion (Ss39 billion) worth of foreign investment commitments in January-September, a drop of 2.1 per cent from the same period last year. Indonesia approved 569 foreign investment projects worth U5524.09 billion for the nine months, the Bisnis Indonesia daily said quotingAFP - 110 words
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Page 6 Advertisements
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Advertisement107 1997-10-23 6 t B V LG A R I CONTEMPORARY ITALIAN JEWELLERS t 2f2 i is I i i -ai MjP* v v i <.^^K v v-oUli*. 4 \T i_ c bvlgar BVLGAR VLCA R I BVLGARI BVLGAP 5 LG A Ft f BVLCA.RI BVV_O/^V Scuba watch and Scuba watch with chrono107 words
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Advertisement138 1997-10-23 6 fl 1 1 1 ury Of J A m Jfie J% v omer Spa Phytomer Spa at Shangri-La's Rasa Seruosa J Resort offers all the facilities of a city spa in a 5 star resort setting. Set in the lush tropical greenery of Sentosa, you u/ill be transported into another138 words
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CHINA-HONGKONG-TAIWAN
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SINO Briefs
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89 1997-10-23 7 Reuters [BEIJING] China's central bank, the People's Bank of China, announced yesterday that bank deposit rates would be cut by an average of 1.1 percentage points with effect from today, state radio said. The rates for bank loans would be cut by an averageReuters - 89 words
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116 1997-10-23 7 AFP [BEIJING] The southern Chinese province of Guangdong has suffered more than 2,600 fires in factories and places of entertainment this year costing millions of dollars, the China Daily said yesterday. A total of 126 people have been killed and 321 injured in theAFP - 116 words
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Article, Illustration69 1997-10-23 7 AFP [BEIJING] A peasant woman with her load passing some labourers resting on a wall near a construction site in Beijing yesterday. Next week, Beijing will begin a 20-day census of residents who came from other parts of the country and are now residing or working inAFP - 69 words
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101 1997-10-23 7 AFP (HONGKONG] More than a dozen people were injured > when riot police fired tear gas to disperse angry farmers in southern China, a government source said yesterday, denying reports that one person had died. At least one person was seriously injured, whileAFP - 101 words
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66 1997-10-23 7 AFP [BEIJING] China's State Council has (tjrda senior provincial leader for accepting 70,000 yuan in bribes, state» radio reported. Chang Zheng, vice-pfcesldent of the 1 TZ. Guizhou provincial People's Political Consultative ;7 Conference, was removed from all his posts for taking a kickback toAFP - 66 words
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Article, Illustration652 1997-10-23 7 Lu Ning - CHXXAWATOH Success of bis US visit will depend on how wall he can sell himself Bp Lu Ning IN A surprising move for a political strongman, Cambodian premier Hun Sen recently told radio and TV stations in his country not to broadcast his speeches in652 words
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Article, Illustration652 1997-10-23 7 WASHINGTON US officials not as good sales people as Europeans, Japanese, says researcher Reuters A RECORD US trade deficit with China is likely to sharpen the focus on commercial relations and US desires to boost exports during nextReuters; FILE PHOTO - 652 words
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210 1997-10-23 7 TAIPEI AFP TAIWAN, in a move to control any diplomatic loss resulting from Chinese President Jiang Zemin's upcoming US tour, has sent a clear signal to Washington that it is poised to renew talks with Beijing, reports said yesterday. Lin Chung-pin,AFP - 210 words
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178 1997-10-23 7 UHONGKONG AFP HONGKONG companies inked deals for 29 projects worth US$l.6 billion (552.5 billion) in contractural investment at a meeting in Beijing, reports said yesterday. The agreements were signed at the end of a conference on Beijing-Hongkong economic co-operation in BeijingAFP - 178 words
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227 1997-10-23 7 LONDON Reuters HONGKONG Chief Executive Tung Chee-hwa, hammering home a message of business as usual in the former British colony, said on Tuesday the region's economy was sound and democracy was being respected. "Our economy continues to grow, our financial fundamentals remainReuters - 227 words
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Page 7 Advertisements
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Advertisement177 1997-10-23 7 H E£L M» «"»s»«■ -> -A' J*. <— >.» W I I K <lW .->•>«,■ «-■»> 1 >4» I r nt i. p* <• "yS^, Begirryour own traditions: Jr. The Patek Philippe men's Compile rtf. 5039 has r wjiitru-sjim AC" perpetual calendar movementHL* AuttTmiiomatually adjustJo*«L»* leap years until the beginning177 words
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Page 8 Advertisements
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Advertisement159 1997-10-23 8 I YOU'VE GOT $71® MILLION TO IMPROVE I I THE LIFE OF THE BUSINESS TRAVELER. I I Ho w do you spend it? I limn fi;j II II I m \v J I :..y I Y v «fcg» i **99.' >v~- <s!wHi«r*> '--f h, I T give ail OLir customeF159 words
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ASIA
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236 1997-10-23 9 TOKYO AFP JAPAN'S newspapers yesterday attacked the ruling party's attempts to stimulate the economy as a sign of its lukewarm commitment to fiscal reform. The ruling Liberal Democratic Party put forward its proposed stimulus package on Tuesday to the government of Prime Minister RyutaroAFP - 236 words
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Article, Illustration532 1997-10-23 9 SEOUL News of 700b won rescue sends stock index jumping &1% in record one-day gain Bloomberg THE South Korean government said it will take over debt-ridden Kia Motors Corp in the biggest corporate rescue in Korean history. The 700 biUionBloomberg; AFP - 532 words
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246 1997-10-23 9 SEOUL AFP SOUTH Korea's ruling party presidential candidate Lee Hoi Chang yesterday openly turned against President Kim Young Sam, calling for him to quit the party and for a probe into his 1992 election funds. "Our party asks that President Kim, who isAFP - 246 words
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494 1997-10-23 9 CANBERRA Economists look to wages data for signs of farther rate cut Reuters AUSTRALIA posted its best inflation data in a generation yesterday, prompting Treasurer Peter Costello to declare that the demon of inflation had finally been tamed but leaving analysts divided onReuters - 494 words
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Page 9 Advertisements
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Advertisement163 1997-10-23 9 Itis abattieqfstrength and endurance, a shosTfipice and confidence, I ■■■■■■I ~T at International miKS v BBsl^Polo Equestrian Championships 1997. -"~~£Be thtfe to witness •**»♦.vv>o»» »i»h««i JM On thtifoiofield. two teams of players pursue B.3cm in diameter on a ground that is the largest (275 m x for any horses' hooves163 words
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THE WORLD
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532 1997-10-23 10 NEW YORK Economists intrigued by one-day wait that's ostensibly to stndy economic data Reuters [NEW YORK] Federal Reserve Chairman Alan Greenspan's decision to reschedule his appearance before a Congressional committee next week to ponder more US data is increasingly puzzling to Fed watchers. The JointReuters - 532 words
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342 1997-10-23 10 WASHINGTON Fed deputy's views echo Greenspan's earlier warning Bloomberg FEDERAL Reserve Board vice-chairman Alice Rivlin said the US economy faces the risk of accelerating inflation linked to labour shortages, according to an interview with Market News Service published on Tuesday. Although the economyBloomberg - 342 words
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WORLD Watch
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72 1997-10-23 10 Bloomberg [MOSCOW] The Russian Duma, or lower house of ISSST parliament, struck from its agenda a vote of no confidence in the government and agreed to work towards a m compromise on the 1998 draft budget and the new tax codCSSST The Communist Party ofBloomberg - 72 words
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Article, Illustration62 1997-10-23 10 AFP [MUNICH] This dwelling in a small Bavarian town was originally built in the year 1300 but its age and the give-away signs of it are naturally and cleverly camouflaged by creeping ivy which has enveloped the house over the past 50 years. The ivy, two metres thick inAFP - 62 words
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38 1997-10-23 10 Bloomberg [PARIS] The French government vowed to help small companies create jobs in a bid to win back the confidence of entrepreneurs irked by its plans to cut the working week.—BloombergBloomberg - 38 words
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70 1997-10-23 10 Bloomberg [FRANKFURT] Bundesbank chief economist Otmar Tirrincwpi" said he doesn't expect price pressures to build in the German economy and that the central bank's recent decision to raise interest rates may not lead to a series rate rises. The German central bank's decisionBloomberg - 70 words
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Article36 1997-10-23 10 Bloomberg [LONDON] The UK government is to sell more than half the Commonwealth Development Corporation, a £58* state-owned investment agency, in the first state sale by the new Labour government.—BloombergBloomberg - 36 words
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334 1997-10-23 10 LONDON AFP BRITAIN'S opposition Conservative Party has called for an inquiry into allegations that the government used confusion over its stance on European Monetary Union (EMU) to alter government bond prices and profit itself. The accusation of government "insider trading" was madeAFP - 334 words
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246 1997-10-23 10 WASHINGTON Bloomberg TELEPHONE companies could lose US$B billion (5512.7 billion) in revenue worldwide over the next four years as more consumers turn to the Internet for voice and fax phone calls, according to a research report released on Tuesday. Lower prices onBloomberg - 246 words
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Page 10 Advertisements
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Advertisement248 1997-10-23 10 The Clarke Quay Beer Fest. Its a dream come true. If you like beer, you're going to love the Clarke Quay Beer Fest. From October 17 to 26, you can enjoy all your favourite brews and introduce your taste buds to some new ones. It's going to be a 10-day248 words
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Page 11 Advertisements
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Advertisement315 1997-10-23 11 DMMI V\-K -v c N ?v V x"- s s v vv y> ■~-sv- Vc <■; *v \W ";i V*- ,v f <*:'.' "v."-.x-;,-; 7' A v V .v- o"'" Use Daikin and you uion'f haue to pay the price. Euen today, Oaikin's revolutionary "no uiater" t)RU central air-con system315 words
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EDITORIAL & OPINION
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Article, Illustration728 1997-10-23 12 Neil Behrmann - THE BOTTOM LDIE OPINION By Neil Behrmann The writer is BT's London correspondent MERGER fever has swept Europe this month and the value of deals has reached all time records. So far this year, European mergers and acquisitions, including proposed ones, amounted to728 words
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Article92 1997-10-23 12 It's like there is a thunderstorm outside and you are trying to paint your house.' Byron Gm an analyst who was describing Yaohan Japan's task of restructuring in a brutally competitive environment. Losing your lunch every now and then is just part of the excitement of being92 words
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Article667 1997-10-23 12 EDITORIAL HISTORY will surely recognise the East Asian currency crisis to be a watershed in the region's economic progress. It will probably also be a watershed in the evolution ol the relative roles of the dollar and the yen in the region. As the deficiencies of667 words
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Article, Illustration794 1997-10-23 12 Peter Passell - Study suggests it has more to do with vitality of American entrepreneurs than with low wages By] Peter Passell IN 1994, Paul Krugman, an economist at the Massachusetts Institute of Technology, concluded that "growing US inequality and growing European unemployment are differentFILE PHOTO - 794 words
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Article913 1997-10-23 12 Value-added strategy for HE THE continued currency turmoil in the region raises serious questions about the future of pegging the Hongkong dollar to the US dollar. There is no question of any delinkage in the immediate future but pressure for a linkage to a basket of913 words
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Page 12 Miscellaneous
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Miscellaneous36 1997-10-23 12 DOONESBURY By Garry Trudeau I ANPAJHO ON £AR.TH H/ASTHAT Mr#SUREWESTTUAA THEFE'S fS?£L, pupgyuttlzGncwetaHO I SGHT~W Wk TON ISNTAS BAP j9O MUCH PtAYEP THATPREAPFULPiTTY 1 wJtT&jr I mgon \ASYOumAGm~) mePONT c S^IJS!^iS[SLINMJ&IAVNSTER. ABBEY? t yrSSSSLx UNPSR- HERA36 words
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EXECUTIVE LIFESTYLE
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Article, Illustration988 1997-10-23 13 CHRISTOPHER TAN - The car exudes a 'gentlemen's club' feel, without being ostentatious, says Christopher tam CHRISTOPHER TAN A BEAUTIFULLY restored 12th century castle near Dijon, now a golf resort, has found a loyal client: Jaguar. The UK car maker has held two press presentations there since last year; and988 words
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BUMPER to BUMPER
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Article60 1997-10-23 13 NISSAN has joined Tanaka Kikinzoku Kogyo in the development of non-dyed colours on fabrics. Called structural colours, they are based on the structure of a material and how light reacts with it Inspiration comes from iridescent wings of South American butterflies. The 1 advantages include virtually no60 words
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Article, Illustration51 1997-10-23 13 THIS is the Honda Side by Side, a motorsport vehicle built for use on the circuits only. The single-seater is powered by a V-twin motorcycle engine located on the driver's right. The unique position, says Honda, gives the Side by Side a near perfect weight51 words
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101 1997-10-23 13 LOW-impact rear collisions can cause much more damage than crushed bumpers. Occupants in the hit vehicle can suffer whiplash, when the head and spine snap back violently. Symptoms could appear long after the crash, are hard to diagnose and expensive to treat Yet not many101 words
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Article74 1997-10-23 13 HONDA Motor Co, maker of the NSX supercar and rumoured to be returning to Formula One racing next year, has conquered new speeds with its own experimental six-seater jet-plane, the MHO 2. Powered by two Pratt Whitney engines, the plane has clocked 170 hours in the74 words
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69 1997-10-23 13 THE 18th Camel Trophy rally will use a fleet of 25 Freelanders to explore the wintry climes of Chile and Argentina next August. Teams from 20 nations will drive the "baby" Land Rovers in the competition, which will also have a Defender as support69 words
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Article52 1997-10-23 13 Christopher Tan - Compiled by Christopher Tan NISSAN has signed a worldwide sponsorship contract with Michael Chang. In the deal, Nissan has the right to use the tennis star's name and likeness in all its sales and promotion campaigns. The company described the contract to be "multi-year" and effective52 words
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501 1997-10-23 13 Hank Stuever - PEOPLE By] Hank Stuever [AUSTIN, Texas] He examined continents, cultures, nations and space, but when it came time to plan his funeral, James Michener didn't look farther than the small, homey church over the fence of his back yard in the West Austin neighbourhood501 words
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256 1997-10-23 13 HEALTH Bloomberg [CHICAGO] A nutritional supplement made from the Gingko biloba plant, widely sold in health-food stores to boost brain power, appears to slow deterioration in some dementia patients and may improve their thinking and social functions, a new study shows. The results, ifBloomberg - 256 words
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Page 13 Advertisements
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Advertisement431 1997-10-23 13 "^^nheZaolxp Br i j HB yiwsyf^ I lAK-I-Q RIBS BAR I LUNCHTIAiE! I Burgers, Sandwiches and Salads from I $6.50. Budget Meals from $9.90. I Soups and Stews at $3.90 I AMERICA S FIMI/T 880 AND RIB/ I ARIAVAILABU FOR LUHCH! J LA 231/233 River Volley Road (opposite Imperial >|\431 words
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Page 13 Miscellaneous
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Miscellaneous190 1997-10-23 13 THE WEATHER Singapore: Moderate to thick haze. Temperature (29-25) Pacific Hl/lo* Good. Europe BVLt* Cood. ftwlun Hl/Lo* Good. Auckland 14/11 Cloudy Amsterdam 11/04 (loud) Buhhw Ams 18/11 Clmriv Bangkok 3*23 Tstom Aim al6 (loud* Z*™ Bcjng IMB Cloudy Bote IMS Showws Samy Bombay 3124 Cloudy Bom MB Cloudy Honotahi 27K190 words
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A LEAGUE OF THEIR OWN
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Article, Illustration1426 1997-10-23 14 SHIV TANEJA - Mrs Chin Ean Wah, one of Asia's top fund managers, believes she owes her success as much to luck as to being smart says shxvtameja SHIV TANEJA IT is February 1988 and US investment bank Morgan Stanley is soon to launch a ThaiCHRIS LOH - 1,426 words
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594 1997-10-23 14 Shiv Taneja - Ry\ Shiv Taneja IT IS an inevitable question: How does a very successful executive like Chin Ean Wah manage to juggle a high-powered career, which takes her out of town a minimum of 90 days a year, with the demands594 words
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Page 14 Advertisements
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Advertisement100 1997-10-23 14 brought to you by [aege r- leCoultrp» II S II Hidden gems are the most intriguing. 11 Reverso Joaillerie. 11 I I II I 11 I I I I I I I I I j I J I na Ml jtf' w it Diamonds have been SELECTED TO GRACE THIS100 words
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Page 15 Advertisements
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Advertisement248 1997-10-23 15 Where to wine, dine and entertain... ss*3s kttp:// www.ana-kotels.com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready to pick up before you can say 'information superhighway'. We call248 words
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Advertisement220 1997-10-23 15 l S** 6th-26th j m October "97 I Stew served with I Egg Noodles and a delicious Buffet Dessert for only $16.00♦♦<*> at Luna Coffee House. I 405 H-Woc* Sr j.po-e TV! '65. nj 3 f. 651 *33 Web vtfc f.no 'V/WVw toollo turn F m Apo r 7 nto.2220 words
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Advertisement198 1997-10-23 15 F h best catch in toum with the greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, -—Palm Terrace Open daily for all-day dining, alfresco style with an exotic Balinese setting. For reservations, please call 731 7990. OVA! CROWNE PLAZA" siaa«Poac 25 Seem RoU Sngeperr198 words
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Advertisement228 1997-10-23 15 (Something old -V fotyaurjoewhome? See Sunday Gallery a Sunday Classified special (M antiques, I ?vf collectors' items, and arts crafts w^T'TiTnfiar^T m M Icat&l SUPPER TIME AT cam v I c To W A in our.sumptuous TAIWANESE PORRIDGE 10.00pm 2.00 am daily A fulfilling a-la-carti* menu of varied Taiwanese dishes228 words
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Advertisement171 1997-10-23 15 M /d M. r InUnraM )•«•> Rw "ge^-food" J 5. makes a spectacle of Itself. as the widest seafood appetiser buffet unfolds before you at Top of the -M*. > Slngapore'a Highest Revolving Restaurant PeaaJ on exciting aeafood creations prepared with only the freshest seafood and bountiful vegetables. Join us171 words
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Page 15 Miscellaneous
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Miscellaneous792 1997-10-23 15 v TV&RADIO -'iir 10JO News 5 Tonight. 5.30 Teater Komidi (r). LJilii; 11.00 Business Day. #30 Paramapadam. 2,00 PM TV Innovations. ILJA Bay watch Nights. 7.00 Sirikka Sinthikka. IK "0 The Winners. 12J0 AM Savannah. 7.30 Tamil Seithi. 3.00 Money, Money. Money. LO o The Late Night Movie 8.00 Berita792 words
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Miscellaneous286 1997-10-23 15 CRYPTIC CROSSWORD 8 Prepared to learn unknown ImJ —LhJ—— Lnl amount (5) Hi BM 9 Are pub hours recorded in it? 11 Carry on with payment for ser--13 Seabirds return with another ——|«J—^^ 19 Read ing between the lines, nor- fll MM" ~Hi 20 Star part chosen by Bassanio 20286 words
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Page 16 Advertisements
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Advertisement16 1997-10-23 16 WELCOME HOME t Sheraton Towers Singapore. Thirty-Nine Scotts Road Singapore *****0. Telephone:(6s)737 6888. Facsimile:(6s)737 1072. Email:anssh2<&po.pacific.net.sg16 words
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COMPANIES & MARKETS
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Article, Illustration661 1997-10-23 17 Jennifer Lien - Sharp gain fuelled mostly by rise in gross margin to 32.9% fronfr3l.4% By, Jennifer Lien [SINGAPORE] Creative Technology yesterday said its net income more than tripled to US$5l.6 million (5581.3 million), or 55 US cents a share, for the first quarter661 words
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364 1997-10-23 17 Audrey Tan - IPO of building facade specialist drew $215 m in funds By. Audrey Tan [SINGAPORE] Permasteelisa Pacific (PP), whose public offer shares were 11.7 times subscribed, has allocated nearly half of these to small investors. The building facade specialist drew application monies364 words
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118 1997-10-23 17 AFX [SINGAPORE] Parkway Holdings said wholly-owned subsidiary Gleneagles Development has formed an Indian healthcare joint venture with New Delhi-based industrial group Escorts Ltd. The joint venture is to develop and manage healthcare facilities in India, particularly Delhi, and in Nepal. Each company willAFX - 118 words
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141 1997-10-23 17 Reuters [KUALA LUMPUR] Malaysia's Kumpulan Guthrie Bhd plans to develop a US$5OO million (***** million) aviation and aerospace park near the international airport in Selangor, the national Bernama news agency said yesterday. The proposal for the 81-ha park near the Sultan Abdul Aziz ShahReuters - 141 words
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542 1997-10-23 17 Annette Pau - HOCK LOCK SIEW Annette Pau P'GB a tidy sum of $48 million, Uraco Holdings will the majority shareholder of troubled CAM International by next June if things go according to plan. CAM looks the clear winner in the deal as it will be542 words
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Article194 1997-10-23 17 Bloomberg [SINGAPOREJ Van der Horst and L M Group Investments shares fell sharply yesterday in the wake of plans by Indonesia's Soeryadjaya family to gain control of the Singaporebased companies through a share swap. The shares resumed trading after having been suspended since Sept 25Bloomberg - 194 words
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377 1997-10-23 17 Ang Wan May - Apollo holders offered $2.20 per share, $1.20 per warrant By, Ang Wan May (SINGAPORE] Apollo Enterprises chairman and chief executive officer Ng Kim Suan yesterday launched an involuntary offer for Apollo which could cost his company Samta Investment as much as377 words
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COMPANIES
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551 1997-10-23 18 Analysts expect it to fall 10% below issue price when trading starts today Reuters [HONGKONG] China Telecom (Hongkong), Hongkong's biggest ever new share issue, is poised for a weak debut today dented by this week's pounding of the stockReuters - 551 words
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303 1997-10-23 18 Amex exec appointed as new MD; company says 1997 results will last year's Reuters [SYDNEY] Retail centre and jiotel operator Thakral Holdings said yesterday that it had signed a As3oo million (Ss34o syndicated loan facility for five years with Hongkongßank, Westpac BankingReuters - 303 words
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192 1997-10-23 18 Reuters [JAKARTA] Indonesian-listed plantation company PT Bakrie Sumatra Plantation said yesterday its plantations' productivity would not suffer due to a long drought sweeping the country. "Bakrie Sumatra is fortunate not to be affected by the currency situation nor by en-vironment-related issues,"Reuters - 192 words
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Article, Illustration66 1997-10-23 18 [TOKYO] Kentucky Fried Chicken (KFC) waitress Mari Ebihara, next to a "Colonel Sanders" statue, showing off KFC Japan's new private brand beer at a Tokyo outlet on Tuesday. The beer, produced and imported from Canada's Pacific Western Breweries, will be offered at KFC outlets throughout Japan from mid-JanuaryREUTERS - 66 words
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463 1997-10-23 18 Bank to concentrate on lending to more productive sectors Reuters [KUALA LUMPUR] Malaysia's Oriental Bank Bhd said yesterday it plans to reduce its loans growth to not more than 12 per cent for the year ending March, 1998, against 25.1 per centReuters - 463 words
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174 1997-10-23 18 [SINGAPORE] Resources Development Corp (RDC) shareholders yesterday approved its acquisition of properties from its parent Sembawang Corp. In a statement issued after the extraordinary general meeting yesterday, RDC said its independent directors saw the deal as a chance to turn itself into a significant174 words
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COMPANY Briefs
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Article100 1997-10-23 18 Reuters [KUALA LUMPUR] Malaysian infrastructure developer Ekran Bhd has allocated up to RM2OO million (5593.1 million) for a planned buyback of up to 10 per cent of its paid-up capital, amounting to 51.43 million shares. "The actual number of shares, the total amount of fUnds forReuters - 100 words
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83 1997-10-23 18 AFX-Asia [SINGAPORE] Cerebos Pacific's managing director, Takeo Kobayashi, will resign on Nov 1 to take up a job with controlling shareholder Suntory Ltd. Mr Kobayashi will be replaced by Eiji Koike, who is currently a non-executive director of Cerebos and executive manager of theAFX-Asia - 83 words
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49 1997-10-23 18 [SINGAPORE] The board of Fu Yu Manufacturing Limited announced that its wholly-owned subsidiary, Fu Yu Moulding Tooling (Tianjin) Co Ltd, has increased its paid-up capital from US$5.O6 million (558.04 million) to US$B.44 million. The investment of U553.36 million is funded through internal resources.49 words
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Article50 1997-10-23 18 [SINGAPORE] LAM Group Investments' wholly-owned subsidiary. LAM Holdings Pte Ltd, has acquired another 20 per cent ofL&M Impex Pte Ltd, comprising 220,000 ordinary shares of $1 each from Charlie Phua Kok Peng at a nominal cash price of $1. This makes Impex a wholly-owned subsidiary.50 words
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50 1997-10-23 18 [SINGAPORE] Chuan Hup Holdings said substantial shareholder Peh Kwee Yong has bought one million shares in the company, raising his stake from 30.58 million shares (13.22 per cent) to 31.58 million shares (13.65 per cent). Mr Peh paid an average of 84.2 cents per share.50 words
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REGIONAL/INTERNATIONAL COMPANIES
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COMPANY Briefs
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Article87 1997-10-23 19 Bloomberg WALLDORF, Germany] SAP AG said third-quarter pre-tax profit rose 86 per cent, above expectations, as the weak deutschemark boosted foreign sales amid strong demand for its business software. The world's largest maker of business management software said pre-tax profit in the three monthsBloomberg - 87 words
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78 1997-10-23 19 Bloomberg [NEW YORK] Philip Morris' third-quarter earnings rose 13 per cent, as domestic cigarette business benefited from higher prices and more orders in advance of a proposed settlement of litigation. The maker of Marlboro cigarettes said profit from operations rose to US$l.B7Bloomberg - 78 words
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62 1997-10-23 19 AFP [WASHINGTON] Billionaire investor Warren Buffett has reached an agreement to gobble up ice-cream retailer International Dairy Queen for US$5B5 million (***** million) in cash and stock. He made the offer through his Berkshire Hathaway holding company based in Nebraska. The offer announcedAFP - 62 words
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Article60 1997-10-23 19 Reuters [MELBOURNE] Building products group Boral said yesterday it believed there would be acquisition opportunities in Asia as asset prices fell due to currency turmoil. "Opportunities will open up, and we're on the ouUook for those but I don't think it is the timeReuters - 60 words
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65 1997-10-23 19 Bloomberg [DALLAS] Kimberly-Clark Corp said third-quarter earnings fell a 1 per cent as increased competition in Europe and weak foreign currencies hurt its profits. The maker of Huggies diapers and Kleenex tissues said net income fell to US$3l6 million (Sssoo million), or 57 US cents aBloomberg - 65 words
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508 1997-10-23 19 Combined, they would form Australia's largest fond manager with Assob Reuters [SYDNEY] Two of Australia's biggest financial service groups. Lend Lease and National Mutual, yesterday said they were in talks to merge their insurance and fund management operations. The combined group would haveReuters - 508 words
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147 1997-10-23 19 AFX-Asia [HONGKONG] Procter Gamble Co is expected to spend US$l billion (551.58 billion) to acquire the 31 per cent interest in its China joint venture currently held by Hutchison Whampoa Ltd, said Anil Daswani, an analyst with Salomon Brothers HK Ltd. MrAFX-Asia - 147 words
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328 1997-10-23 19 15% of staff to be shed to preserve cash for leg&l rfiallftwgA Bloomberg [SYDNEY] Australis Media Ltd, a pay television operator, said it will sack 15 per cent of its staff because of costs arising from the legal challenge to itsBloomberg - 328 words
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210 1997-10-23 19 Bloomberg [GOTHENBURG, Sweden] Volvo AB, Sweden's largest car maker, said third-quarter profit fell 65 per cent, even as higher sales boosted operating profit, because one-time gains totalled less than a year earlier. Third-quarter net income fell to 2.791 billion kronor (*****.8 million),Bloomberg - 210 words
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272 1997-10-23 19 Reuters (BOMBAY) India's biggest truck-maker. Tata Engineering and Locomotive Company (Telco), said on Tuesday firsthalf profits fell 35 per cent, and analysts said they do not expect an improvement for fullyear results. Vehicle sales dropped to 83,363 units in the six monthsReuters - 272 words
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INTERNATIONAL COMPANIES
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469 1997-10-23 20 ANTITRUST COMPLAINT AGAINST MICROSOFT justice Dept charge could block company's ~plans to roll out Windows 98 next year Bloomberg HwaSHINGTON] At the heart t of the Justice Department's "♦atest antitrust complaint I against Microsoft is a deceptively simple question that ■JCould have aBloomberg - 469 words
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Article122 1997-10-23 20 Bloomberg [LOS ANGELES] Mattel Inc said its third-quarter profit rose 23 per cent on strong sales, particularly of its Barbie doll line and Hot Wheels cars. The largest US toymaker said its profit before a charge rose 23 per cent to U*****.7 million (*****.5 million),Bloomberg - 122 words
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Article246 1997-10-23 20 Bloomberg [MOUNTAIN VIEW, California] Netscape Communications said third-quarter earnings soared 53 per cent, slightly more than expected, on strong sales of its corporate software products. The Internet software maker's net income rose to US$ll.7 million (5518.5 million), or 13 US cents a share, from U557.66Bloomberg - 246 words
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Article241 1997-10-23 20 But drive maker says it may take huge Q3 restructuring charge Bloomberg [MILPITAS. California] Quantum Corp said its fiscal sec-ond-quarter net income rose more than 20-fold on strong sales of its tape computer storage drives. It also said it may take a charge of as muchBloomberg - 241 words
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Article, Illustration50 1997-10-23 20 [TOKYO] German car-maker Daimler Benz unveils its new model Mercedes-Benz May bach, a design study for an exclusive sedan, at the 32nd Tokyo Motor Show yesterday. The Mercedes-Benz May bach is powered by a high-torque Vl2 engine boasting a cubic capacity ofjust under six litres. AFPAFP - 50 words
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141 1997-10-23 20 FT (LONDON] ABB, the international electrical engineering group, plans to cut 10,000 jobs in western Europe and the US and take a near US$l.6 billion (552.53 billion) charge to cover the costs of restructuring its operations, which have been hit by theFT - 141 words
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238 1997-10-23 20 Bloomberg [ISLANDLA, New York] Computer Associates International said fiscal second-quarter earnings rose 22 per cent, topping analysts' estimates, on strong demand for its software used to manage networks of personal computers. Net income rose to U*****.9 million (Ss43o million), or 72 US cents aBloomberg - 238 words
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FINANCE & COMMODITIES
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Article, Illustration471 1997-10-23 21 Siow Li Sen - State Bank of India the other bank named out of 50 to 60 Asian banks tracked By\ Siow Li Sen tJNITED Overseas Bank (UOB) and the governmentcontrolled State Bank of India are the only two banks that Goldman Sachs will recom- mend to investorsARTHUR LEE - 471 words
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417 1997-10-23 21 t Chase leads the way with 14% earnings growth Reuters [NEW YORK] Chase Manhattan Corp, Citicorp and other big banks reported better-than-expected third-quarter earnings on Tuesday, although Citicorp took a restructuring charge and said it would cut 7,500 jobs. Chase, the nation'sReuters - 417 words
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353 1997-10-23 21 Bloomberg (NEW YORK] Salomon Inc, which is being taken over by Travellers Group, said thirdquarter earnings rose 47 per cent, as gains in bond trading and investment banking offset losses from bets on British Telecom's (BT) bid for MCI. I Salomon said profitsBloomberg - 353 words
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514 1997-10-23 22 Exxon profit rises 17%, Texaco np 13%; Amoco profit flat bat better than forecast Reuters [NEW YORK] The top US oil companies Exxon, Texaco and Amoco on Tuesday reported stronger profits for the latest quarter, thanks to big gains inReuters - 514 words
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203 1997-10-23 22 Bloomberg [SAN MATEO, California] Franklin Resources Inc said the board of Templeton Vietnam Opportunities Fund approved a plan to buy back as much as 50 per cent of the fund's shares. The board will propose to liquidate the US$93 million (*****.6 million) fund if moreBloomberg - 203 words
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289 1997-10-23 22 Reuters [LONDON] Britain's Securities and Investments Board (SIB) on Tuesday delivered a sharp rebuke to Prudential Corp over its handling of its review into pension mis-sell-ing. The SIB said that it was "deeply concerned" by the effects of the failures of the Pru,Reuters - 289 words
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237 1997-10-23 22 SOKEX Report Reuters [SINGAPORE] Simex Euroyen futures slipped in thin trade yesterday as players turned wary of pushing the market beyond its recent heady levels without fresh incentives. Dealers said the market had little to focus on after the Liberal Democratic Party's much-awaited economicReuters - 237 words
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168 1997-10-23 22 Perry Gilbert - MSCI TAIWAN FUTURES Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd. [SINGAPORE) Trading on the Simex MSCI Taiwan Stock Index futures contract was volatile yesterday with OCBC selling into the early rally. Sentiment remained nervous. Institution traders were concerned over the extent of the168 words
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217 1997-10-23 22 ENERGY REPORT Reuters [LONDON] Another 20,000 European petrol stations will close by 2005 with no end in sight to industry restructuring, according to a study published yesterday. Paris-based oil consultancy Enerfinance said nearly 2,500 or around 1.7 per cent of petrol stations inReuters - 217 words
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Article281 1997-10-23 22 Reuters London THE US dollar was slightly lower against the mark in midday trade as the market took some profit following recent big gains, dealers said. "There seems to have been some broad based unwinding of long dollar/mark and sterling/mark positions as the rally ran out of steamReuters - 281 words
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Article, Illustration1330 1997-10-23 22 PfTBRBARE CROSS RATES C$ »i* ICH Ffr Pa HK$ UKHfc»Mi Yw Won W B}Nlli Nso S$ *m* Sfr NT$ t*t Hmi 0W1 uj* ,42 !H5 SIX?*-! 28 2*° k* 27 1422 ,a3 31.450 24.755 1130 3.3*2 1.*****.547 27.375 1437 O.TU Cwdi 1009 5.975 0.6S2 4314 1.288 5J74 24.032 24J47 0.8481,330 words
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Article1850 1997-10-23 23 jjjjjOM fUTUIUBS Oct 22 MMCt (Mara do** at 5 JOpm) tSSI CONTRACTS cwbA«) Close VoittflM Open Mantfc Wgh Low Sett (items) taterest Itow 97 135.00 50 Dac 97 137.00 134.50 137.00 100 1300 Jan 90 140.25 138.50 140.00 250 1870 Fefc 98 143.25 ***** 143.00 250 1870 Mir1,850 words
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Article2335 1997-10-23 23 LONDON Oct 22 hrn 31 Group 500 13 AB Ports 295 -1 Abbay National 991.400 11.400 ARM Oomacq 517.400 unch Amac >51 unch Asa* Croup 155.400 1 BAT Ind 589 -.400 BC Ptc 277 .400 WCC 184.400 -2 BOC Croup *****/2 *21/2 BR Patrolaum 938.400 8.400 BTR2,335 words
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Article1657 1997-10-23 23 AFP P Nikkei 225 *477,52 ACTIVE bargain-hunting and an overnight rally on Wall Street drove share prices higher yesterday, pushing up the key market index 2.8 per cent at the close. Selected blue-chip buying spilled over to the broader market and particularly to low-priced, large-cap issues such as ironAFP - 1,657 words
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Article, Illustration1629 1997-10-23 24 AFP QHangSeog -765.33 SHARE prices slumped 6 per cent yesterday to a 13-month low amid concerns over higher interbank rates after three continuous sessions of sell-off, dealers said. "Sentiment is volatile because of higher interbank rates," said a broker. The Hang Seng Index fell 765.33 points to 11,637.77. TheAFP - 1,629 words
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Article, Illustration649 1997-10-23 24 Reuters QShenzhenßlndex -L 29 THE Shenzhen B share market fell yesterday, dragged lower by sharp falls in the domestic A share market, dealers said. The B index slid 1.29 points to 125.55 on turnover of HK$49 million. The A Share Index fell 9.16 points to close at 396.97, hitReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 649 words
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Article409 1997-10-23 24 AFP Q VP Index -4L58 STOCKS closed lower yesterday as investors dumped electrical shares, dealers said. "Fund managers sold electricals due to strong redemption pressure while retail investors followed suit," said a trader. The Weighted Price Index fell 41.58 points to 7,692.47. Turnover was 2.8 billion shares worth NT5160.5AFP - 409 words
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Article262 1997-10-23 24 Reuters Ft Wellington +3534 THE NZSE Top 40-share Index rallied 1.4 per cent yesterday to close at its highest level since before the 1987 global stock market crash. The index ended 35.54 points stronger at 2,635.48. Brokers said the Dow's 139-point gain overnight was the stimulus for the rally.Reuters - 262 words
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Article, Illustration864 1997-10-23 24 AFP FISET Index +3.62 SHARE prices rose in extremely thin trade yesterday on speculative buying in banking and energy shares amid political uncertainty ahead of a planned cabinet reshuffle, analysts said. "The buying has been mainly in major banks with large market capitalisation. Investors saw that it is notAFP - 864 words
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Article432 1997-10-23 24 AFP PI Composite Index +34.47 SHARE prices soared 6 per cent yesterday after Finance Minister Kang Kyung Shik said Kia Motors would be handed over to a state bank. Investors welcomed the news that the government had decided to finally put an end to the Kia crisis. The CompositeAFP - 432 words
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Article599 1997-10-23 24 AFP All Ordinaries *312 SHARE prices rose yesterday, boosted by healthy domestic inflation numbers and offshore leads. "The market took a lead from Wall Street where the banking sector was strong," said a broker, adding that turnover was boosted by overseas funds. The All Ordinaries Index gained 32.2 pointsAFP - 599 words
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Article, Illustration730 1997-10-23 24 AFX-Asia n Composite Index -9.74 SHARE prices closed lower yesterday amid a lack of incentives, with investors sidelined or selling pending further news on the release of an International Monetary Fund package and on weakness in the Hongkong market, dealers said. The Composite Index lost 9.74 points at 505.23AFX-Asia - 730 words
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Article344 1997-10-23 24 AFP n Manila -64J>2 SHARE prices closed lower yesterday due to renewed fears of currency speculation and rumours that major companies would be announcing poor third-quarter earnings. The PSE Composite Index fell 64.92 points to 1,928.97. Turnover was 1.3 billion shares worth 1.4 billion pesos. The peso fell 1.5AFP - 344 words
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KUALA LUMPUR STOCK MARKET
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Article8139 1997-10-23 25 INDUSTRIALS Consumer products 1997 Lot Vol Day Net Cap HUfc Law Company SM 'OOO High Low P/E Smll 790 392 Aiinomoto 392 48 1 392 392 21.7 158.9 "f "J AnflHasa 253 15 8 260 253 7.5 373.1 905 370 Apollo Food Hlg 525 10 27 525 496 15.3 210.08,139 words
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Article, Illustration287 1997-10-23 25 AFX-Asia C 3 Composite Index -29J3 SHARE prices closed sharply lower yesterday on the back of mounting concerns over the Malaysian ringgit's fall and on-going regional uncertainty. Dealers said concerns over the outlook for the East Asian economies following falls in their currencies andAFX-Asia - 287 words
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Article288 1997-10-23 25 Up Dwii Uwcft Cwonnr pro 2 S3 I Wd prd 2 76 K) Construction 7 20 1 Tre*lV$»t 6 60 6 Infrostru 2 I t Ftunct 2 62 0 Hot« 0 9 0 *opoctv 8 56 1 HMNm l 35 MWnq 0 S 0 Tnot 0 J t Loon 5288 words
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WARRANTS & OPTIONS
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Article3541 1997-10-23 26 BOMBS, LOANS i WABBAMTS m l"7 Last Va4 Day Last Ouoto Avg Mlgh Low Stno Company Solo »or- (OOO) Mlgh Low Buy or SoMor Prtco 68 27 m 3000 m AMDS C5.5H*****6 28 81 21.5 3160 A Acar ******1USS 21.5 3 169 25 21.5 20 23 131 30 3164 Acma3,541 words
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160 1997-10-23 26 R Sivanithy - WARRAMT WATCH By\ R Sivanithy PROPERTY, electronics and finance all these sectors were thrashed yesterday as fund redemptions swept the market. Although there are probably a multitude of bargains to be had if one is brave enough to buy now,160 words
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Article2335 1997-10-23 26 MALAYSIAN STOCKS Gr Gr >997 Last Vol Day Laat Ouot* ON Mv VM Net M Cap Hl» Low Stno Company COOP) Htg» Law Buyar SM«f Cvr P/I >wl 478 147 mi 5000 AISB 50c 154 cd -8 59 155 150 153 158 5.0 13 0.8 58.1 158.0 1372,335 words
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STOCK EXCHANGE OF SINGAPORE
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Article1605 1997-10-23 27 Twmwnrooo)* mucrww >«■>» at r«m m— cm> T»m Mustrtai 101.040 3U14 132.2S4 250.132 3M0T **£339 riMUM 1SJ0T V4J0? 29, >34 M1.OT 23.002 >*5.313 Hottts *.007 1.0*7 7.104 MM MJ 10.710 Proo«rtl«J 39.530 U4« 47,778 M9.S34 *911 '54.443 Ptanutton S33t *43? 3,442 3.542 HUM 500 500 557 557 •LW 19,342 1C3471,605 words
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Article228 1997-10-23 28 Sticks Volume DBS Land 15,852,000 HK Land USIOc 13.389,000 HKL RFWW***** 10,310,000 •RHB Cap Wt99 7.773,000 IPC Corpn 5c 6,981,000 'Magnum Cofp50c 5,834,000 •Sime Darby 50c 5.575,000 SingTel 15c 5,467,000 DBS Foreign 5,383,000 Wing Tai 25c 4,926,000 Stocks DBS Foreign 84.241.965 DBS Land 44,749,849 HK Land USIOc 35.460.814 City Dev228 words
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Article, Illustration58 1997-10-23 28 Shiv Taneja - Shiv Taneja DBS FOREIGN closed 10 cents higher at $16 on a volume of 5.38 million shares yesterday, compared with its 10-day traded average of 928,400 units. The daily and weekly RSI and stochastics charts are netural with a slight upside bias. The weekly MA CD chart, however,58 words
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Article, Illustration689 1997-10-23 28 R Sivanithy - STOCK MARKET COMMENTARY Relentless selling pressure sends STII to 4 1 /2-year low, with property stocks among the worst hit R Sivanithy [SINGAPORE] Wave after wave of fund redemptions and margin calls swept through the local stock market yesterday, sending the Straits TimesChart info from Bridge - 689 words
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ON THE GRAPEVINE
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143 1997-10-23 28 THE significance of the number four has been long associated with death because it sounds the same as "to die" In Mandarin (and some Chinese dialects) although the intonation is different But some geomancers (obviously of a different dialect) claim it is only Cantonese143 words
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Article126 1997-10-23 28 WHICH brings us to a more positive slant, believe it or not. We're told that ANZ Investment Bank is about to beef up its Asian operations. It's the boutique arm of an Austral lan bank with the same name and is headquartered in126 words
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Article110 1997-10-23 28 NEW Microsoft Singapore MD Saw Ken Wye's first public function on Tuesday, as a keynote speaker for an Internet Commerce conference, was a bit unfortunately timed. That morning, the news agencies were abuzz with the announcement in Washington that the US Justice Department had accused110 words
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Article68 1997-10-23 28 DID you know Asean has a theme song? It's written by a seasoned Filipino duo and starts off: "Asean Oh Asean/ Our voices rise as one/ From land to land, from sea to sea/ Reach out to everyone." Stirring stuff. The song ends: "Behold the sun68 words
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Article136 1997-10-23 28 WHILE killing time at Denpasar's Ngu rah Rai Airport in Bali, an executive from a regional telecoms firm wondered aloud whether he should nip out to the local bin! mart located just outside the terminal buildings to look for some souvenirs of the avian variety.136 words
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Article4667 1997-10-23 27 Transaction Date: Oct 22 Of Or M Wt LMt Vol Day Lest Ouatt ON ON YM N.t Cap Avg High LOW St*e Cimnnr Solo COOP) High Low Buyer Seller Cm $mM Prteo INDUSTRIALS 157 57 0 1020 ACE 0ynemics60c 66.5 -1.5 66 68.5 57 68.5 69 *J 51464,667 words
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Article1115 1997-10-23 27 Cr Or mm nn Lot V<M Day LMtSiMti m* Otv VM MM Ca» Avf MN» L— MM* CIMI» 8a» roooi I—I t— —yr Cw Pft mc* fftff/VQ 186 76 t 2000 ABRHMgtSc 129 UK* 289 131 >28 128 130 3.0N 6 0 0.1 184 3 57.4 132 448 >441,115 words
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Advertisement178 1997-10-23 17 j» >l\ n. -^U v >v N. "v "I* cP^ JMt w*** WMF A jjlfet' ibl Space Technology Puts More In Your Game Hore Distance-i Hore Accuracy! (lore Satisfaction. It's the only club that uses the same carbon-graphite fibre developed by NASA for its outer space programmes. Solid, light-weight and178 words
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Advertisement189 1997-10-23 18 111 r Sp' ARIG's claims-paying ability rating has been upgraded to "A-" by Standard Poor's, demonstrating the growing international recognition of Arab Insurance Group as a dependable and k competent security. Growing International T Recognition^^ A strong capital base and conservative reserving policy, a highly qualified and international underwriting team,189 words
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Advertisement8 1997-10-23 18 THE STRAITS TIMES CLASSIFIED EMPLOYMENT your career guide8 words
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Advertisement526 1997-10-23 19 w- *f if *f- *f k *r- *r- *r- *e- *r- *r Come and Celebrate WITH US AT SALUT! "Fine Wine Food Affair 1997" f 5 2m/ Labels of Bordeaux ...5 2 A wine and food tasting session 2 featuring only the best of French g Italian cuisine paired with526 words
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Advertisement117 1997-10-23 19 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 qualified117 words
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Advertisement189 1997-10-23 20 This announcement appears as a matter of record only PERMASTEELISA PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore on 7 April 1990) Invitation in respect of 50,000,000 ordinary shares of $0.10 each comprising 25,000,000 New Shares and 25,000,000 Vendor Shares as follows:(A) 25,000,000 Offer Shares at $0.82 for each189 words
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Advertisement685 1997-10-23 20 PERMASTEELISA PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore on 7 April 1990) Invitation in respect of 50,000,000 ordinary shares of $0.10 each comprising 25,000,000 New Shares and 25,000,000 Vendor Shares as follows:(A) 25,000,000 Offer Shares at $0.82 for each Offer Share by way of public offer; and (B)685 words
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Advertisement461 1997-10-23 21 mONANYANG SsSS) TECHNOLOGICAL j UNIVERSITY I WITH SPECIALISATION I I Accountancy International Business I I Banking and Finance Management of Information I Business Law Technology I I Hospitality and Tourism Management of Technology I I Management Strategic Management I I For Reservation, please I fax *****61 or call Michelle *****83461 words
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Page 22 Advertisements
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Advertisement470 1997-10-23 22 REPUBLIC NEW YORK CORPORATION SAFRA REPUBLIC HOLDINGS S.A. Consolidated Statements of Condition and Summaries of Results These statements and summaries represent the consolidated accounts of Republic New York Corporation and its wholly owned subsidiaries and of Safra Republic Holdings S.A. and its wholly owned subsidiaries. Republic New York Corporation owns470 words
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Advertisement77 1997-10-23 24 i t h( n k Let's use f Now we can have outgrown f Th e Straits Times f afford some new all this stuff 1 f ow are f Classified. It's the fastest 1 V toys, thanks to J \we should sell J we B° in S to I77 words
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Page 25 Advertisements
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Advertisement46 1997-10-23 25 u c- Don't miss 5 h L /jr day may be over but your night is just beginning! Get a drink, go dancing, I ear atest see hottest band in town... Explore the possibilities with our AFTER 5 listings. Every Friday in The New Paper Fastads.46 words
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Page 26 Advertisements
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Advertisement62 1997-10-23 26 Hello, I saw your 7\ 7 It was such j Dingdong! advertisement in ci a nice surprise. T The Straits Times Classified. J rowers J you^J bouquet of flowers Nv "Vmyg.rifr.end fix 1 f~ \1 Buying or selling through l f Olad you L J PJ J V Viliked u.62 words
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Page 27 Advertisements
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Advertisement11 1997-10-23 27 The Straits Times Classified to work for you today. Ivm>v KH|I11 words
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Page 28 Advertisements
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Advertisement714 1997-10-23 28 BUSINESS X()ti(TS To ;i(lu'i tisc mil tolMVi-t- 1800-741 INN.* IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AQUATIC RESOURCE DEVELOPMENT (S) PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extra-ordinary General Meeting of the Members of the abovenamed Company, duly convened and714 words
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Advertisement503 1997-10-23 28 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF FUSHIMI (S'PORE) PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extra-ordinary General Meeting of the Members of the abovenamed Company, duly convened and held at 110 Middle Road. #05-00. Chiat Hong Building. Singapore *****8503 words
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Advertisement314 1997-10-23 28 NOTICE IS HEREBY GIVEN that, I Lim Yew Bin of 27 Ah Soo Garden Singapore *****9 have applied for a Public House, First Class Licence in respect of M/s Country Jamboree Pte Ltd., located at 400, Orchard Road, #02-21, Orchard Towers Singapore *****5, and that this application will be considered314 words
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Advertisement323 1997-10-23 28 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES NOTICE IS HEREBY GIVEN that, I Govindasamy Nadarajan of Blk 874 Woodlands St. 82 #03-526 Singapore *****4, have applied for a Retail Liquor Shop Licence in respect of M/s Super Jasmine Mini Mart located at Blk 832 #01-69 Woodlands St.323 words
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Advertisement342 1997-10-23 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 CYRIX ASIA PACIFIC (SINGAPORE) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 15 October 1997. the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up342 words
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Advertisement391 1997-10-23 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant to Section 290(2Xb) PAN ASIA PROPERTY PTE LTD (In Member! 1 Voluntary Winding Up) At aa Extraordiaary General Meeting of the abovenamed Compaay duly ooavtaed aad held oa IS October 1997 the following resolutions were duly passed AS SPECIAL RESOLUTIONS*391 words
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SHIPPING TIMES
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Article268 1997-10-23 29 Bridge News Reuters Wr KEY US Gultf Japan Panamax grain rate for jttfrvember dropped aSother2sUScentsto QGtTI 50 without tftttbination ports which fiufex largely choeeto |ofore as the market r JHHed as much as 36 points ea the Jan position, flUrkson Securities Ltd *$ifiex report said. With the BFIBridge News; Reuters - 268 words
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Article184 1997-10-23 29 J? -3ES «{JW 0.87 -0M2 OS MMtf- 0.755 -ao*s 247 CMti a«0 -AM 46 ffjBkmu OLIO -002 484 CMINl 042 -005 4 WWimip 0.80 «8 49i immmzmm as4 -aoos m mcwmm—hks^O OAS -0.086 30 Jp>M»»Hi8 —id -0.J6 88 5.60 2362 aMflU 432 -0-30 B7 im U8 *o.oj zn184 words
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Article, Illustration654 1997-10-23 29 Felix Chan - SOTO WORST OIL SPILL Oil slicks sighted in Malaysian waters bat authorities there say the situation is under control By Felix Chan [SINGAPORE] The masters of the two tankers which collided and caused the worst oil spill in Singapore's history were charged654 words
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315 1997-10-23 29 Marcus Hand - By\ Marcus Hand [SINGAPORE] There are a number of international funds available to compensate for the costs of pollution caused by oil spills. The Civil Liability Convention 1969 (CLC 69) and the Fund Convention 1971 established a two-tier system to ensure315 words
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550 1997-10-23 29 US-JAP AM PORT ROW Reuters [WASHINGTON] The US Federal Maritime Commission (FMC) said on Tuesday it may be close to settling a dispute with Japanese carriers and postponed for a third day a vote on whether to ban the cargo shipsReuters - 550 words
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Article, Illustration438 1997-10-23 29 Felix Chan - By] Felix Chan [SINGAPORE] Indonesian flag carrier PT Djakarta Lloyd is embarking on an expansion programme which will see it taking delivery of 24 new container ships worth US$254 million (*****.8 million) by the end of next year. Delivery of the438 words
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Article99 1997-10-23 29 Bloomberg [PHILADELPHIA] Kvaerner ASA has agreed to build commercial ships at a former US Navy shipyard in Philadelphia, investing US$l65 million (*****.1 million) over 15 years in a project expected to generate 6,000 jobs. The Anglo-Norwegian company wUI guarantee the jobs of an unspecifiedBloomberg - 99 words
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Article, Illustration558 1997-10-23 29 Marcus Hand - SHIPSHAPE By: Marcus Hand IN HIS 11 years with the Port Authority of New York New Jersey William Fallon, the authority's general manager of port sales, has increasingly found himself looking East. Not east towards the port's traditional market of Europe,558 words
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Article, Illustration777 1997-10-23 30 Kevin Hall - PORT OF PALM BEACH Port authorities aim to unite operations, divided by a major roadway, with a 2,400-ft bridge overpass By\ Kevin Hall LOUIS Perez points in animated fashion to the map and speaks passionately about a bridge. He is one of the few people whoFILE PHOTO - 777 words
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254 1997-10-23 30 PAGE EES 8 Ml ttWopiin 6 ANl 3 Eurohanj 6 Accord 8 tvefgreen 6 Appenship 5 Fimous 7 Astro 3 Fl-BriqM 6 Austral 9 Foon < Su 8 A»ant 6 m Gemartrans 13 BatmMo 7 9 Bayswater 7 J*** B'tanq Mas 8 Cu4nGu254 words
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Article18394 1997-10-23 38 THEBUSINESSTIMES EXPORT ETA ETA Advartnar VhuI Voyaqa Ttiaplww eta ETA Advartlsar Vassal Voyaqa Tttlpftom SiN Dastn Nam* Nan* Mmbar Numbar SIN Datt'n Nam« Nam* Numtwr Number ■■■■■MMHMMBHIHHHMMHMHHWklMI nHMMHaBMMHMtnHMHHMMnHnMSMMHH a To BREMERHAVEN (BRV) 2057 M Germany To ABIDJAN (ABJ) 2003 B/n M*»m trade maple omw *12*22* ivory Coast, Cote18,394 words
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SHIPS IN PORT
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Article630 1997-10-23 43 V*«al Voy No B*rth Arrival Departure Jtrai hrt St Nurrnxu *****7 XI Monqsidt 23.10/0700 *4*. *****7 Ml Hcngsok 2210/0600 r f* *****7 J03 iioiKjSKj* 23.N/2000 «N KV97 J* Honpidt 2510/2300 ***** J13 2710/0430 iMdtr Honor 9705 J04 ikxxpidt 24.10/2300 Saa Champ UCS2 323 rtxigsKl* 24.10/1200 S*a 17 J22630 words
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Article1651 1997-10-23 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Bookbii/MMca Rstls Voy Wo Etb/Btr Nrted Trxm To Frew «Mn CM non 24/0900 M 21/1500 2V*5t IVtm 2V-500 IVMM 21/noc a IVI700 22/0451 22.040c a tvmo 22/0451 ilvhx u roc 22.1*51 a hoc 22/BM 22/MM itmo 24/1200 IVBM {VMM tvmT1,651 words
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Article189 1997-10-23 43 Oat 23 Thailand: Chulalongkorn Day. Oat 25 Taiwan Taiwan Retrocession Day. Oct 27 New Zealand: Labour Day. Oot 20 Malaysia: Deepavali. Singapore: Deepavali. Oot 31 Taiwan Birthday of President Chiang Kai-Shek. Norl Belgium: All-Saint Day. France: All Saints Day. Philippines: All Saints Day. Sweden: All Saints Day. Nov189 words
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Article889 1997-10-23 43 THIS report, compiled by Cockatt Marine OU Ltd. ihowi prim rente* In US dollar* instead at *lngte price* for a more comprehensive description of the market Prica* shown are baaed on averagt ilieri *t*m Market movement* are Indicated. The Cockatt Bunker Price Index change and the889 words
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Article408 1997-10-23 43 Wlte 10 I7J O.IO 56 0.04 OrtW C»wrtT Wtttf >wMm Art <1—Iri.w iiton He oOom E29 2 0 0 0 NO Am 906.4 OJ OJ Ml 23 0 02 Com 300 ttu 9*7.0 0.9 XIA 0*9 91 0 06 W ■*»< IiAM(3S 9 0 0 0408 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration359 1997-10-23 44 Surinder Singh - Annie airline also in talks with Boeing, Airbus on possibility of acquiring 300-seater aircraft From Surinder Singh in Sydney QANTAS has indicated that it intends to add to its fleet of long-range jets with plans for the purchase of three Boeing 747-400s359 words
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Article, Illustration261 1997-10-23 44 Reuters [SYDNEY] Two workers were seriously injured yesterday when a dam collapsed and sent water from Sydney's Cooks River flooding into an opencut construction area of the city-to-airport light rail tunnel. Twenty-one workers were in the construction area, about 23 metres below the waterline, whenReuters; REUTERS - 261 words
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449 1997-10-23 44 Safety issues most be resolved before nod for split of Conrail assets is given Bloomberg [WASHINGTON] The US Department of Transportation, in preliminary comments filed with a rail regulatory board, said Norfolk Southern Corp and CSX Corp should be required to resolveBloomberg - 449 words
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284 1997-10-23 44 Airlines will be able to cat times on routes between Asia and N America Reuters [HONGKONG] International airlines are expecting to start flying over North Korea next April for the first time since the Korean War, cutting journey times on routes betweenReuters - 284 words
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Article, Illustration231 1997-10-23 44 Bloomberg [BRUSSELS] Deutsche Lufthansa AG chief executive Juergen Weber said the sixairline Star Alliance hopes to add two Asian carriers by the end of the year to expand its presence in the region. In an interview, Mr Weber would not sayBloomberg - 231 words
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281 1997-10-23 44 Bloomberg [HONGKONG] The overall cost of Hongkong's new airport project, scheduled to open in April, will be less than the most recent HK1156.4 billion (5531.8 billion) estimate, according to the government's New Airport Project Coordination Office. However, the reduction in the costBloomberg - 281 words
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212 1997-10-23 44 FT [LONDON] Virgin Express, the low-cost airline based in Brussels and controlled by Richard Branson, is to become a publicly quoted company via a dual listing in the US and Belgium. The company was due to have filed the required financial documentsFT - 212 words
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Article1393 1997-10-23 44 cwy man eu fucht eto UtM Of81 1930 0FI2 2055 TG407 2105 TG408 0620 $0229 2220 MW5 2150 MW96 WB AMltflM KL843 0455 KL838 2300 NoCMMM VH741 1310 S0I72 0930 0125 0655 0126 2355 S0171 1420 S0174 1410 $025 0655 S026 2355 ***** 1905 VN740 14101,393 words
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Page 29 Advertisements
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Advertisement30 1997-10-23 29 I s -Pn.nl MXDmUM rort oi raim Beach: skypass to l relieve cragestion ~-'Port authorities aim to unite operations, divided by a major roadway, with bridge I overpass. Page 230 words
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Advertisement22 1997-10-23 29 Qantas plans to buy three 8747s costing As6som Aussie airline also in talks with Boeing, Airbus on acquiring 300-seater aircraft Back Page22 words
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Page 30 Advertisements
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Advertisement812 1997-10-23 30 ISINQAPORE CALffOHIWA B3Q*WEBB fWttCT BBOM ¥WSBT COABT) |OULf KARACHI BXPWBBB (QKX) VB» VOY OA* VAN SIA U SM VHSB VOY JIA DM MM KAI CU *6 SM OBAKAUIAT 10W539 29/09 02/1 C 02/10 5/10 23/10 DUOAIMY [HI 10/10 12/10 11/10 17/11 23/10 27/1* 20/10 HONG KONG EXPKSS *****4 00/10 M/812 words
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Advertisement675 1997-10-23 30 Lines services represented Mefnb fS 01 R«o«<ry o» Accfed,ted Shf PP* l 9 Agents. S'pore National Shipping Assoc Members ol the Singapore Freight Forwards Association siour sa% j ShippingTimesOnune Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-208|j| EXPORT 3 x Japan -2 x Hongkong -1 x Monila -1675 words
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Page 31 Advertisements
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Advertisement1013 1997-10-23 31 PAOfK SOUTH WIST EXPRESS (DNKCT) ALSO ACCEPTING MANAUS VIA LAX/HOU <> visa wr m lata la no ux m_ mm oo wrc m hou m a> mgwi >i7i ooflo 00/io w/it lyw »/io w/io 20/10 30/10 ao/io n/io 20/10 31/w in won om W ls7iF" lo7ir li7ir w/fr ls7n~ ~«7rr1,013 words
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Advertisement1954 1997-10-23 31 HANJIN SHIPPING mvtt/yor m mm sm imham/vw _w_ Jii g wt wt to* g> wc m ra ns hm—msi n/u a/w u/ii is/n is/ii u/ii 11/n u/n u/ii w/n it/n iyii ~?i/n u/ii w/n~ 17/11 w/rT" w/n HiAMMiBMsi a/w m/w m/ii a/11 a/11 n/11 a/n a/n a/11 a/11 a/n a/111,954 words
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Advertisement88 1997-10-23 31 [mw] ORIENT EXPRESS UNES (U.K.) LIMITED Smi. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUnLE w*» w swmwiw tomtr vnsa vot kuw mmmm ALBERT BRCGE 006 26/10 03/11 NORDKAP 417 15/10 24/10 NORDKAP 418 27/10 03/11 KEQAH 007 29/10 06/11 OOCI ADMIRAL 006 03/11 12/11 ACHIEVER 001 01/11 10/1188 words
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Page 32 Advertisements
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Advertisement1101 1997-10-23 32 DSR-SENATOR 181 Round the World Container Services waa yot htm un srv I ham |rj uia I vagi vor lma fu 1 »tm I swv I ham pST*I kv ywm senator wnm ait It.ll 17.11 1711 It.ll M.ll *1.11 ot*senator ktm mm mm en ait ait nbumsbmtor wtnm v.n 11111,101 words
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Advertisement1125 1997-10-23 32 NORASIA I VESSEL VOY SM OOA BCL VAL ALO HOT MX AWT FEU LHA NORFRIBOURG 1741-3 23/11 N/11 N/11 13/11 14/11 11/11 21/11 14/11 18/11 13/11 NOR HONGKONG 1742-3 31/11 IVII 17/11 21/11 *1/11 24/11 21/11 22/11 23/11 21/11 NORSHARJAH 1743-3 §5/11 21/11 21/11 21/11 27/11 N/11 H/12 21/11 21/111,125 words
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Advertisement505 1997-10-23 32 LINK ST Tilt ***** M PAXt 3181*37 1 MUARA LABUAN vissa nor no in vtssa vor n» tn SPORf MUAIA SPOtf IM tfncum v2M/«7 n/io »/io /mourn vni/97 23/10 27/ i« jptosw vjsi/*; 29/10 «i/ii jpvosret vm/i; 29/10 m/ii AMLOOfT V 271/97 02/11 04/11 ATM GLOTT V 271/97 62/11 05/11505 words
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Page 33 Advertisements
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Advertisement1414 1997-10-23 33 I VESSEL VOY SIN BKK POP PKO PgN OLW BUB BA WK IRAN TAKMTI PJL-1249 28/08 08/00 08/00 IRAN VAHOAT PJL-1253 04/09 31/08 07/00 22/00 24/00 IRAN VAHOAT PJL-1250 17/10 18/10 28/10 27/10 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAUAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN,1,414 words
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Advertisement1230 1997-10-23 33 MKKCT SERVKI 1 fMM smoapore to umwhm I TtANSIT TIM 14 MVS I win immimati itfirr I WTW%I ISMGAPORE'S G€NERAL AGENTS: ft SHENTON WAY fib 22ft 1900 FAX: *****08 OUTWARD (B/L) ""^"TSSSST^^JOHoIRrorFSr COSTAR SNIPPING PTE LTD fi7-osotsnoG mus/hgs *****41/43 inward Din (0/0) ***** as COSTAR AGENCIES (Aft) SDN BHD CR1,230 words
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Advertisement315 1997-10-23 33 \jpsn EASTERN CAR LINER, LTD. |_fcj EQ (SINGAPORE) PTE LTD 1 SPECIALIZEIW ROUP 4 HEAVY UFT UPTO 12? TONS ECI (SJHGAPOtf) PTE LTD LOADING FOR PORT KLANG/BANGKOK/MUARA PORT KLANG/PENANG MV "OCEAN BLUE" V.48 MV "KOBE QUEEN" V.2 ETA SIN 26/10/97 ETA PKL 27/10/97 ETA SIN 26/10/97 ETA PKL 28/10/97 ETA315 words
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Page 34 Advertisements
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Advertisement1217 1997-10-23 34 EUROPE/UK/SCANDIttAVIA/FINLAMD/WUSSIA SGP ROM ANW HBG THP Z£E IHV LHV THP ROM ANW HBG Ml SGP I E. ROYAL RW-034 25/10 14/11 11/11 15/11 17/11 10/11 19/11 E GENERAL RE 050 OHO 07/10 N/10 04/10 00/10 03/11 04/11 E. REPUTE RW-011 01/11 21/11 20/11 22/11 24/11 25/11 20/11 E REFINE RE-0131,217 words
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Advertisement1088 1997-10-23 34 vtsstl VOYAW WWMINMMMHINTUI VESSEL VOYAGE 001 MA AW MM MM SOP I uMAfIIAO *****07W 30/10 M/ll 01/11 1001 11/11 12/11 IJ/1I 12/11 UNI AJtfli *****071 11/10 12/10 11/10 14/10 IS/10 27/10 I ■u* ACCOM WIOOOIW IVII IH/1117/1I Ml It/11 IVII l»/ll UMCMONA *****41E IVIO 19/10 20/1# 01/11 I B ]_Ateo^a^apgng_Fgjo^oha1,088 words
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Advertisement476 1997-10-23 34 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel vot |sm nu pur err gamtaihum oois ?yio oy/11 ti/ii NAMTAI DRAGOW OPTS W/10 01/11 13/11 U/11 tmmpiMKf oils 04/11 11/11 a/11 mfIAIYBIUS 073S IA/I1 24/11 02/12 29/11 GOLPQIPRAGOW OOIS 23/11 03/12 07/12 11/12 HAMTAI ftIKESS OIK 21/11 13/12 17/12476 words
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Page 35 Advertisements
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Advertisement587 1997-10-23 35 BSA x WH MYANMA FIVE STAR LINE (Myonmor National Line) Loading for Yangon (Rangoon) VISSIL VOT SIN KG PEN PGU PINYA 149 $10 SAGAING a IN PT MALAYSIA AGENTS: OOUSTIAO SHIPPING AGCNCICS KUL m 01-03-*****00 PRL 111 02-03-376*101 PIN: m 02-04-*****02 PG& 18. 01-07-*****21/4 BANK LINE (A wrvkt of Aitdrtw587 words
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Advertisement1071 1997-10-23 35 A HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG: *****32 |<mn 1 VOT I I UN I »T6 ANT I NAM IRI m HYUNOAI (MPtlOt 304W 24/10 12/11 13/11 15/11 15/11 15/11 10/11 NT GfNIRAL 30AM 02/11 11/11 20/11 22/11 22/11 22/11 25/11 HTDUU 304W 01/11 24/11 27/11 21/111,071 words
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Advertisement617 1997-10-23 35 FAMOUS CONTAINER UNES /IBS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) WEB PAGE ADORESS:- www.fanitfi.coiN.tg E-M/UL AOORESS: «MnGfamfcLCMLsg r-Ti 4 SAILINGS A WEEK TO S BANGKOK J J AND REGULAR SAILINGS TO C^ABANG I THAILAND \bangkok r-' I L FOR BOOKING n *****33 CONTACT AMY P.617 words
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Page 36 Advertisements
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Advertisement855 1997-10-23 36 BANQKOK/LAIM CHABANO JAKAItTA/PAN JANQ VESSEL VOY SIN IttK LCH VESSEL VOY SIN JKT PJN MATHU BHUM 350N8 In Pt 26/10 XETHA BHUM 2178 ~~tn Pt 2&/10~ DANU BHUM 014N 24/10 29/10 XETHA BHUM ***** 24/10 28/10 DANU BHUM 014NB 2S/10 29/10 A NAN BHUM Wf 28/10 26/10 YANTRA BHUM" 211N855 words
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Advertisement166 1997-10-23 36 SO TELOK SIANGAN ROAD 102-02 OTPORT CENTRE. STORE MM TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR HO. **********0W VESSEL VOY ETA ETD OCmUTON MAMJKWA 3M7 2«/1 W7 2VIM7 HL MUM kaguh 2M7 anm xntm wbbmbjmuwu IMAMUI 31/17 2%1M7 2VM7 NNIMNAK MAMJKWA 37/17 »IM7 Jl/IM7 PUfiMANbPKI lALAM IfIIMAWA166 words
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Advertisement710 1997-10-23 36 PUL INTERNATIONAL Mr CmIMmJ Ma W*»*k«i lt.pl. RiWD«yMh,i tern.*, pm «l fa**, S0( b^D^/I«M»JAmm m Mm aM a* 4|a* mm Mm. ■MUMMKUTCI) 5 SIOS/WK fit VOT I" MT |MM I LKM 4445 I 24/1 of H>l I 24/10 I SUM I 21/10 m SSumSd ail I 31/io I»i J 02/710 words
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Advertisement609 1997-10-23 36 H ACCORD A SHIPPING PTE LTD TIL: *****56 (40 lines) FAX *****44 fOtJUAMG (03)34/1001 mt wk DIRECT ACCESS TEL: *****57 (EXPORT iOOKINO) MMIMMMG 107)35\\377 *****87 (EXPORT DOC), *****64 (IMPORT) WUNG fo4j JJ2 1444 ww>-— ORLrHTTP://WWW.ACCORD.COM.SO >4*4*r4 (71) MO 0770 REMOVAL NOTICE WITH EFFECT FROM 25/10/97, OUR OFFICE WILL BE LOCATED609 words
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Advertisement324 1997-10-23 37 INDONESIA NATIONAL LINE TO EUROPE »»l VOY~ D»M IT»UHG BHEMEQ AMTWtHP »H»«L 4«W» ?1/1» 14/12 QUIT tjnT~ TO AUSTRALIA I v* wrraHET m mt vm "im "hST «T "m mma iwlm 2vtt wn wini wi wn (Muui vos|wi««i/ii «wT "wiT wri arT mi wmw—m v«a|mi i»ii wtizviT wi smi~ WBnawg324 words
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Advertisement1147 1997-10-23 37 ADVANCE CONTAINER LINES (PTE) LTD AP 140 Cadi StrMt, #12-00, PIL Bulking, Singapore *****0 1 TEL. *****21, FAX *****19, TELEX RS ***** ACLPL ——CR NO. **********0E ■AWOMK JAKAMCik (5 li POT) (I tallliAt/Wtikk JMAD-AND <» Mmft/w-t) VESsa VOY sm not sm vtssa I *t sm PANUBHUM 032N8 25/10 Srt 28/101,147 words
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Advertisement755 1997-10-23 37 t^ SSEL *21 5* J§9 P» LEH HAM RTM THP ANR V-LEOE VWQO S22W 27/10 06/11 07/11 Wiil7/11 Wll ay 11 21/11 Vl±£ 06 NORMA N22W 08/11 12/11 14/11 g/11 ~~24AM 27/11 28/11 VHECEOtMIM, iff* IS/11 21/11 30/11 01/12 (XVI 2 OCI2 O&ii |VM£D-OWQN |Y22W I i«m aam aam 07/12755 words
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Advertisement48 1997-10-23 39 I To retrieve more schedules, just follow these simple steps... document tLdl 740-6000^^^^^^ tep be faxecl^^^J the port Step key in the four number XM S_jP digit code *3t 1 Key in your Exampto: 1 fax number To NEW YORK (NYC) 2275 for calls within Singapore United States48 words
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Page 41 Advertisements
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Advertisement371 1997-10-23 41 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE OINOTRANSI J 8 (*****7). TEL: *****90 FAX: *****98 VU44J7 5 >—TLX: R*****1 SINOEX SIMOHANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI JINYU 9752 MO 22/10 02/11 JM 2254 31/10 05/11 09/11 CHAWG YING 9704 27/N ]2A\ 16/11371 words
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Advertisement282 1997-10-23 41 ftJtffMAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC l- > |y-/\~ J OWwo.tMIIWHUI 900: (094) *****9 MAMLA-(932)*****81 W PtNANO: (04) *****6 BANGKOK: (892) *****67 SURABAYA: (31) *****0 P. KELANO: (03) *****77 JKTi (H) *****07 MDN: (81) *****3 SHANOHAI T lAX/LGB/MYC MV -KOTA WANOSA~ V.WSA 016 MV "SCVIN MAS CMAMOT"282 words
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Advertisement157 1997-10-23 41 ■OCEAN JADE 28/10 NarVßdrrVAtw/BmrvUK I ■SOCTA 05/11 Rdm/AIWBmrVUK/Nan I ■SAMMI FORTUNE 15/11 Nan/Rdm/Atw/BmiVUK I Loads EVW Malaysia Indonesia I ■pan CRYSTAL Dutjai/ADhatx/Bahram/DammarVKuwart I ■EVA MARIA Dubai/Doha/Bahrain/DOTimarVKuwait I ■PAN FORTUNE HodekJah/Jeddah/Aqaba/Egypt/Tripo* I ■XIHAI HodekjalVJeddah/Aqaba/Egypt I •Loads Singapore, E7W. Malaysia. Indonesia I I Loading for ■OCEAN HOST Los Angetes/New OrtearVChartestorV 1 Norfolk/Camden157 words
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Page 42 Advertisements
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Advertisement438 1997-10-23 42 Shipping Times -BUSINESSCENTRE THURSDAY, OCTOBER 23,1997 Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. j To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. TEAMWORK is when everyone mSEBE&SSS takes responsibility and438 words
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Advertisement333 1997-10-23 42 BH business Centre HB Find out more about advertising that delivers your business facts through the fax. Your 24-hour round-the-clock instant info centre to shipping services and "wO Jfci Mm I J 4aa "9 r IBV P Multi-storey warehouse: Tuai Avßnoe 13 10,000 square metres currently available (1,800 to 2,000333 words
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Page 43 Miscellaneous
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Miscellaneous126 1997-10-23 43 LEGEND R Thunderstorm Temperature c X\ A ower Weather Wmd direction wrth speed m knots R< Cloudy Sky Wov h# ht Serfoce winds ore indicated by arrows which My with the wind One full circle represents colm or light and variable winds One hoW Heche represents 5 knots L— One126 words
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Page 44 Advertisements
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Advertisement118 1997-10-23 44 Bangladesh Shipping Corporation International Freight Tender is invited from vessel owners/ AGENTS/BROKERS FOR TRANSPORTATION OF 100,000 METRIC TONS (5 pct More Or Less supplier's option) Murban crude oil FROM JEBEL DHANA TO CHITTAGONG UNDER LIFTING LAYCAN 20 22 November, 1997 on account of Bangladesh Petroleum Corporation (BPC). Tender schedule (detail118 words
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Advertisement70 1997-10-23 44 (I)M.V. "JUPITER ACE" VOY. 92 ARRD 17 OCTOBER 1997 (2) M.V. "PACIFIC EAGLE" VOY. 13 ARRD 19 OCTOBER 1997 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 24 October 1997 0900-1200 hours at P9 (NTY s Office.70 words
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