The Business Times, 7 November 1997

Microfilm: NL21049
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12^6 851 SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, NOVEMBER 7,1997
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  • Article
    MARKET SUMMARY
    62 1 OS5i3(-9.49) MB mn (-6.51) Pluwi Mf7J2 (-5.21) VI BTMGA U atM(+s.4o) B HBKBTHOOO M mai WHMMIWfrmMOBB Thursday Change WfiK COMP 73 LM -171 NIKKEI 1UM187 +88JJ HANG SENO 1MI1M -299.19 SET INDEX 478J2__.-8.7f JAKARTA COMP 478.91 12J8 MANIMCOMP-Wit 7.11 TAIPEI WPI 8JM.77 +2I2J6 SEOULCOMP ***** -117 CLSA CHINA
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  • Article
    FINANCE
    73 1 BICBAWU3B ust st USS IMI t W9 1630 DM Uffl t»ll YEN 100 1813 1171 MS MM 1.471 hks t» tan BAHT 0.026 MM HJPtAH IN MSI M48 PUB BARB SINGAPORE* 144 KUALA LUMPUR IX JAKARTA 18.M BANGKOK lift MANILA 11M HONGKONG 8.75 TAIPEI Ml SYDNEY iM TOKYO 3.10
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  • Article
    Bids in S'pore land tender hit surprise lows
    619 1  -  Qneenstownste draws offers 25-30% below expectations; tender seen as weakest in years By Diana Oon [SINGAPORE] Developers yesterday bid between 25 and 30 per cent below expectations for a well-located residential site in Queenstown in the latest land tender. "It is the
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  • Article
    Tough targets for Jakarta under IMF rescue package
    914 1  -  Froml Leon Hadar, S N Vasuki THE International Monetary Fund (IMF) yesterday announced tough targets that Jakarta will have to meet under its US$33 billion (5551.7 billion) three-year rescue plan. In approving a US$lO billion standby loan for Indonesia yesterday as part
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  • Article, Illustration
    Sim Wong Hoo now a billionaire
    306 1  -  His 28% stake in Creative Technology is now worth $Lo6b By, Jennifer Lien [SINGAPORE] After an arduous year whipping his company back into shape and seeing his Creative Technology stock breaching the $40 level, entrepreneur Sim Wong Hoo's market worth has topped $1 billion.
    306 words
  • Article
    No deal yet as parties scramble to choose new Thai PM
    325 1  -  From] Harish Mehta in Bangkok INTENSE political deal-mak-ing and horse-trading failed to produce a new prime minister in Thailand yesterday, so Chavalit Yongchaiyudh, who was to have resigned effective midnight yesterday, will stay on as a caretaker until a
    325 words
  • Article
    Spore's new approach to governance
    639 1 EDITORIAL IT wouldn't be too much of an exaggeration to say that Tuesday's speech by Deputy Prime Minister Lee Hsien Loong contained one of the most significant policy shifts in Singapore's short but eventful economic history. Even though the specifics are not yet in, and
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      121 1 ill SIDE lUjgraai Eddie Toh argues that the Malaysian central bank should start playing matchmker, Pf 13 Laus fuHy seared, Overseas Union Bank's 8b yen exposure to the collapsed Sanyo Securities group is well-covered, says the bank, Pffl7 AaMteymte "ITiermax chief Anu Aga has carved out a distinct position for
      121 words
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      Page 1 Advertisements Column 2
      225 1 Iwwmi mthoi IUM urged to remove tax uncertainties, Pg2 •••••••••■■••'•■•■•■••••••••■••••••••'•••••■■••••■•"■•••••••••••■••"••a l j DANIEL ROTH a i i» s i 4 -4 i <> •i Steef: T)anief CRot/i can turn it > into a precious metal. Ij UNMISTAKABLE IN Of SIGN UN WAVE II INC IN AND TREASURED At A MARC
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Revenue authorities urged to remove tax uncertainties
      463 2  -  REACTIONS TO BO LEE'S SPEECH Introduce regime of bindixK rnlimcs. advance opinions, siesta tax director Bs< Conrad Raj, Larry Wee TAX' accountants are among those who have cheered Deputy Prime Minister Lee Hsien Loong's recent announcement of a less regulated and more transparent
      463 words
    • Article
      Sweeping changes inevitable, say some
      578 2  -  By\ Siow Li Sen THE call for a lighter touch and greater transparency in financial dealings is easier said than done because mindsets are difficult to change, some analysts say. But others believe sweeping changes will be inevitable. "The government is extrefnely serious about liberalisation,
      578 words
    • Article, Illustration
      Lock icon Growth of component orders slows
      299 2  -  E7E OH THE ECONOMY Electronics By Jennifer Lien i GROWTH of new electronic component orders in the US moderated in September in year-on-year terms, rising a sea-sonally-adjusted 16.7 per cent, compared with August's revised 50 per cent. This marks the second consecutive month of growth
      Source: US Commerce Dept  -  299 words
    • Article
      New York, S'pore forex bodies hold talks
      196 2  -  Panel to today on operational risk in foreign "g* By\ Larry Wee A DELEGATION from the New York Foreign Exchange Market Committee (NYFEMC) met their Singapore counterparts yesterday to discuss financial market issues of common interest. The chairman of the Singapore Foreign Exchange
      196 words
    • Article
      UOBAM targets 10 more unit trusts in couple of years
      409 3  -  Unit trusts may have lost 10-20% of value in recent market sell-downs sources By I Genevieve Cua Upß Asset Management, the market leader here in unit trusts, plans to launch 10 more trtists in the next couple of years, managing
      409 words
    • Article
      Reuters launches plan to beat millennium bug
      257 3  -  By\ Raju Chellam INFORMATION provider Reuters yesterday launched a global communications exercise to address the year 2000 (Y2K) issues in its line of products, operations and internal processes. Called the Millennium Compliance Programme (MCP), it also sets to establish safeguards and procedures for
      257 words
    • Article
      Samsung funds unit gets green light
      244 3  -  By I Soh Tiang Keng KOREA'S largest life insurance group, Samsung Life Insurance (SLI), has been given the green light by the government to set up a fund management company in Singapore. Its fully-owned subsidiary here, known as Samsung Asset Management (Singapore), or Sams
      244 words
    • Article
      Lock icon OSA: Court of Appeal upholds CJ's judgment
      514 3 A-G's arguments against lawyer's acquittal quashed The Straits Times THE Court of Appeal yesterday upheld the Chief Justice's judgment in a landmark Official Secrets Act case and dismissed arguments put forward by the Attorney-General. Setting out what must be proven if a person
      The Straits Times  -  514 words
    • Article
      Foreigners join Hong Leong in EC project
      199 3 HONG Leong Holdings' executive condominium project in Woodlands will be the first EC to have foreigners involved, the company having roped in Japanese and Hongkong partners. A Hong Leong spokesman said the company will have a 55 per cent stake in the project,
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      57 2 MELBOURNE'S MOST EXCITING INVESTMENT OPPORTUNITY iK;f" Z2Z3— 1; ~7 t Central Equity the Leaders in Melbourne Apartment Living CALL SINGAPORE 538 2668 20 RAFFLES PLACE #25-01 OCEAN TOWERS SINGAPORE *****0 t ri ir-r rbT v y FAX: 533 3219 EMAIL: ceqspacitic.net.sg V^T73 INTERNET SERVICE http://www.centralequity.com.aii A LISTED DEVEIOPER O'J THE
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      10 3 The Straits Times Classified I 1 Where pofciaj buyers CATJ&
      10 words
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      63 3 vtT >4 «i JB |^EJ jflIF >ss :gj Mm I Jr jdfl JB' \^o"\Mr w M W V yßrfif BP^' yr* •:< > < LE TEMPS CHANEL THE MATELASSCE WATCH COLLECTION STAINLESS STEEL FOLDING BUCKLE WATERPROOF TO 30 METERS SWISS CRAFTSMANSHIP :3 >* EXCLUSIVELY AT THE CHANEL BOUTIQUES: NGEE ANN
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  • FOCUS: ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Staid US furniture chain turns into profitable group
      490 4  -  Ethan Allen went through complete overhaul after a management buyout in 1989, says CEO #1 Frances Lui [SINGAPORE] YOUNGER Americans were familiar enough with home furnishings store Ethan Allen but didn't particularly want what it offered. "It was apparent that we were
      CHRIS LOH  -  490 words
    • Article
      Lock icon US warns Internet health sites over 'cure' ads
      350 4 Over 400 sites checked for false ads during FTC Surf Day Bloomberg [WASHINGTON] The US Federal Trade Commission (FTC) sent e-mail warning messages to hundreds of Internet sites identified as possibly carrying false advertisements for health treatments. The FTC found the sites
      Bloomberg  -  350 words
    • Article
      Mlltfl'l lift Pt.affP
      98 4 iT I Willi TM* VMM Till I in 11 »m 4-7 ffnmfiili *TT WwbiMmiI Vvtt Trait StapftreUMMMT f S«fw Ttfc 338-4747 Jg* H*»M SM 4 Spatial Sbvctaris: MmM m»wi<f Mp,CaMtratfia* Shppn ftacast >* NrtwawttUrpiHafci CaacralaSadaty ittsv HMjMt *0*24-27 6tfe ASEAN Food IHHIHi |UII I UlUDl 11 l
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      190 4 Feeling I Kinky? J Is it My Generation or just a Substitute for Lola? Find J out at Adball 97 the ad industry s annual groovy get J: together. A rook'n 1 rolling non stop spectacular of guitars, guest stars and a groovy kind of love. (And we don't mean
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      Page 4 Advertisements Column 2
      102 4 This announcement appears as a matter of record only '4 NOVEMBER 1997 bit M KONAMI 4 KONAMI CO., LTD. i '*41 (Konami Kabushiki Kaisha) (Incorporated with limited liability in Japan on 19th March, 1973) T 44 ;o- 4 INTRODUCTION OF > j MX ALL THE ISSUED SHARES WITH A PAR
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  • MARKETS IN TURMOIL
    • Article
      Lock icon No plan to float won, says Korean central bank
      317 5 Finn commitment to defend nnit at 970 won to US& official Bloomberg Reuters [SEOUL] South Korea's central bank dismissed speculation it will float its currency, the won, following similar nlOMes across Asia. "It's nothing but groundless rumours," said Lee Eung Baek,
      Bloomberg; Reuters  -  317 words
    • Article
      Lock icon Camdessus to meet Anwar next week
      260 5 Reuters [KUALA LUMPUR] International Monetary Fund managing director Michel Camdessus will meet Malaysian leaders next week during a tour of South-east Asia to discuss upheaval in financial markets, authorities said yesterday. Mr Camdessus will be in Kuala Lumpur on Nov 13 and wMd meet
      Reuters  -  260 words
    • Article
      Lock icon IMF must play central role in any regional crisis fund: US official
      512 5 But it cannot be expected to fill the roleofagjobal financial watchdog AFXAsia Bloomberg [NEW YORK] US Deputy Treasury Secretary Lawrence Summers said that the International Monetary Fund must play a "central role" in any regional crisis fund. He
      AFX- Asia; Bloomberg  -  512 words
    • Article, Illustration
      Lock icon HK$ peg likely to stay – for now
      499 5  - HK$ peg likely to stay for now Economist sajs HE has financial resources, discipline to maintain peg By Lu Ning [SINGAPORE] Hongkong dollar's peg to the greenback will not change in the short term as "Hongkong has both the financial resources and discipline as well as institutional framework" to maintain
      REUTERS  -  499 words
    • Article
      Lock icon Hang Seng falls 2.5% on rate fears
      211 5 AFP [HONGKONG] Share prices here shrank 2.5 per cent yesterday, the third successive day of decline, on interest rate fears. "The mood is very bearish," Herman Chu, dealing director at Anglo Chinese Securities here, said of the sentiment in the Hongkong market. "There
      AFP  -  211 words
    • Article
      Unsettling forecast for Asean markets
      389 5  -  By* Audrey Tan [SINGAPORE! The currency crisis will cause "a lot of pain" for the economies of Asean and this should keep markets fairly unsettled well into next year, said Socgen-Crosby head of regional economic researbh Neil Saker. "The currency volatility has come to an
      389 words
    • Article
      Indian stocks seen falling further if rupee isn't devalued
      413 5  -  Speculators attack stocks as rupee is ntt folly convertible From, Rajendra Bajpai in New Delhi THE rupee has maintained its level at a time when other Asian currencies have taken a beating and many analysts believe stocks will continue their downward
      413 words
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      47 5 II Mm V V l < c c s < a.testoni HILTON HOTEL SHOPPING GALLERY MANDARIN HOTEL SHOPPING AKCADE RAFFLES HOTEL ARCADE t BOLOGNA MLANO ROMA PAMS NEW WW NVERU HILLS HOMNXJU) TOKYO OSAKA YOKOHAMA NMOOtX KYOTO NAM < HIROSHIMA SBOU PUSANCHIJU HQWC TA»B TAKMJNG-KMMJNC- HONG KMC SWQtfOn-JAKAIU-SUIAMA-BMaOK "1- if
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thai GDP to shrink 1-1.5%: official
      160 6 BANGKOK Reuters THAILAND'S gross domestic product is expected to shrink 1-1.5 per cent in 1997, the head of the finance ministry's fiscal policy office said yesterday. Sommai Phasee, director- general of the office, told re- porters that the contraction forecast was caused by the
      Reuters  -  160 words
    • Article
      Lock icon Court decision casts doubt over Philippine economic reforms
      522 6 MANILA Throwing out aO deregulation law harms economy, say analysts Reuters A SINGLE court decision has thrown the whole Philippines economic reform programme into doubt, unnerved investors and damaged the credibility of a government proud of its market-friendly record, analysts said yesterday.
      Reuters  -  522 words
    • Article
      Lock icon KL muzzles academics on sensitive issues
      185 6 KUALALUMPUR AFP THE Malaysian government has barred academics from making statements to the media on "sensitive" issues like the haze which has covered much of South-east Asia, news reports said yesterday. Education Minister Najib Tun Razak was quoted as saying that the directive was
      AFP  -  185 words
    • Article, Illustration
      Lock icon Bambang's suit: preliminary hearing on Wed
      512 6  -  JAKARTA Aide denies rumours of finance minister's resignation By I S N Vasuki A JAKARTA court will conduct a preliminary hearing Wednesday on the unprecedented suit filed by tycoon Bambang Trihatmodjo against Finance Minister Mar'ie Muhammad and Bank Indonesia Governor Sudradjad Djiwandono. News of
      AFP  -  512 words
    • Article
      Johor to link foreign ownership of property to FDIs
      305 6  -  SINGAPORE Quotas to be relaxed in proportion to amount of FDI By Frances Lui JOHOR will increase the quota for foreign ownership of property, with the relaxation tied closely to the inflow of foreign investments, Chief Minister Abdul Ghani Othman announced
      305 words
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      144 6 I I ii 4 > 4 O MONT° i BLANC 81 I T Sr£j! in times that are changing ever faster, we need things which preserve the i*; t Meisterstiick Chronograph «£**< 8K solid gold, mechanical clock-work, automatic ££?£< winding, visible, engraved and decorated movement, manufactured in the finest tradition
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Yeltsin's visit to China underlines friendly ties
      455 7 BEIJING 3 Ludgaificait bilateral trade *tfc« taly fly in s. the aiatmwt Reuters WHEN Russian President Boris Yeltsin comes to Beijing on ft Sunday for a three-day state the mood will be far more convivial than during last week's Sino-US summit in Washington.
      Reuters  -  455 words
    • Article
      Lock icon US Congress likely to pass measures punishing China
      325 7 WASHINGTON Thiij despite appeals that actien will mar ties with Bering AFP MEASURES punishing China for human rights violations appeared headed for passage by the US House of Representatives yesterday despite appeals that they would damage relations with Beijing. Only a week
      AFP  -  325 words
    • Article
      Lock icon HK denies it'll lower land prices
      268 7 HONGKONG Still policy to let market forces set land premium: official AFP THE Hongkong government moved to scotch reports yesterday that it planned to sell land to developers at lower prices to increase housing supply, saying the market would determine the price. Director of
      AFP  -  268 words
    • Article
      It's pork-barrel politics in Taiwan as polls draw neat
      552 7  -  LHTTBE FROM TAIPEI Teng-hui's pension offer seen as sign of ruling party's desperation By Bruce Cheesman HOW's this for pork-barrel politics Taiwan's President Lee Teng-hui has promised to give anyone over 65 a monthly pension of NTSS.OOO (*****.10) if the ruling
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      281 8 jßSllil a /CrX b Complete Dhr.n Set ORIGINAL ITALIAN FURNITURE n,ted Sl6B IllKJlll J|l i 1 Queen-Sized Mittmt ORIGINAL f ■n|^V^l»l < »> E Js^^£2L%& s iZ&n NOW: 5988 Furniture Exhibition. \TT w (10 Sets Only) Venue: The Furniture MaH 750QD Beach Road, p u,ch e U> be B wm-17/18/19
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  • ASIA
    • Article
      Markets upset by conflicting LDP reports
      575 9  -  TOKYO Strains within party over fiscal stimulus threaten PlTs ■18| i ii 1 political survival By, Anthony Rowley TOKYO financial markets were upset yesterday by conflicting reports from within the ruling Liberal Democratic Party over whether the government will bow to pressure for fiscal
      575 words
    • Article
      Lock icon Property firms announce dismal interim results
      381 9 TOKYO Reuters TOP Japanese property firms announced dismal interim results yesterday, reinforcing the view that they are still suffering from the fallout from the bursting of Japan's late--1960s economic bubble. Poor demand for offices and Japan's prolonged property market slump have continued to cast
      Reuters  -  381 words
    • Article, Illustration
      Lock icon Japan must restructure economy: US
      168 9 WASHINGTON Reuters US DEPUTY of the Treasury Lawrence Summers said on Wednesday the Japanese economy would have to undergo a deep restructuring to back its economic recovery. Referring to a programme of reforms announced by the Japanese government within the last year, Mr Summers said:
      Reuters  -  168 words
    • Article
      Huge broadcast radio satellite service on the way
      500 9  -  SINGAPORE Paapiewfllbeableto tnein on hand-sized portable receivers, says World Space Toh Han Shih A BROADCAST radio satellite 9ervice of enormous coverage is in the offing that will provide information, education, finance news and entertainment programming to 4.6 billion people in developing countries
      500 words
    • ASIA Notes
    • Article
      Lock icon Hanson rejects Nazi-tag on One Nation party
      277 10 CANBERRA AFP &GHT-wing MP Pauline Hanson yesterday refected suggestions she could be laying the _ground for Nazi-style attacks oh the Asian community in Australia. She was speaking in response to a statement by Siam Ang, president of the Jnese Australian Forum, o compared
      AFP  -  277 words
    • Article, Illustration
      Lock icon Aussie central bank says growth picking up
      498 10 SYDNEY RBA's upbeat AflNnmnt of economy make it unlikely that rates will be cot apin Bloomberg AUSTRALIA'S central bank yesterday gave an upbeat assessment of the economy, saying growth is accelerating out of a slow patch, and will pick up even more once
      Bloomberg; AFP  -  498 words
    • Article
      Lock icon Racketeer scandal may hit Yamaichi's debt rating
      282 10 TOKYO Moody's places brokerage tmder review amid probe Bloomberg YAMAICHI Securities Co, the smallest among Japan's Big Four brokerages, may have its debt rated as junk following the company's alleged payments to corporate racketeers. Moody's Investors Service yesterday placed Yamaichi's investment grade "Baa
      Bloomberg  -  282 words
    • Article
      Lock icon Chidambaram, bankers in talks to revive economy
      283 10 NEW DELHI AFP INDIAN Finance Minister Palaniappan Chidambaram met banking chiefs here yesterday, finance ministry officials said, with the revival of the economy on top of the agenda. Mr Chidambaram hosted the meeting, which also included Chakravarty Rangarajan, governor of the Reserve Bank
      AFP  -  283 words
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      47 9 Taiga leather. For Men. Louis Vuitton luggage and accessories are sold only in exclusive Louis Vuitton shops. Singapore, Raffles Hotel Arcade, Tel. *****76 Hilton Hotel Shopping Arcade, Tel. *****20 I 111 111 TF^Tl^l Ngee Ann City, Tel. *****60 L\/ UI O YU I I I I 1
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      135 10 P Mouth HHE9MI9 /Aift wiwwmi t [Multi F&B Organization Pte Ltd ijS This is to clarify that Mouth Kitchen Come savour the best! A wide (&&'l\#) Chain Restaurants mmKong dian xin, ciaypot Multi F& B Organization Pte Ltd, specialties, Hong Kong-styled have totaUy no connection with homecooked delights, roast Mouth
      135 words
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  • THE WORLD
    • Article
      Lock icon UK ups base lending rate to 5-year high
      502 11 LONDON FTSEIOO falls 44 pts lrat sterling surges after surprise rate hike to 7.25% Bloomberg THE Bank of England raised its benchmark interest rate by quarter-point to a five-year high of 7.25 per cent, in a surIprise move that fuelled conmore rate
      Bloomberg  -  502 words
    • Article
      Lock icon Cutting red tope in government saved US$137b, says Gore
      396 11 WASHINGTON "Problems of govt similar to private )rasineBs problems Bloomberg A 1 Gore, who sought out US business leaders to learn about new ways to cut the bureaucracy out of government, says his "reinventing government" programme saved taxpayers US$l37 billion (*****.6
      Bloomberg  -  396 words
    • Article, Illustration
      Lock icon Any tough nuts to crack?
      64 11 [HAMBURG] Dieter Fels, collector of nutcrackers, looking at three nutcrackers created to look like German Chancellor Helmut Kohl (left), US President Bill Clinton (second from right) and Lower Saxony's Prime Minister Gerhard Schroeder (right) at an exhibition of nutcrackers from all over the world in
      REUTERS  -  64 words
    • Article
      Lock icon Bundesbank leaves rates unchanged, as expected
      289 11 FRANKFURT Reuters THE Bundesbank's policymaking council fulfilled financial market expectations yesterday, leaving its full range of interest rates unchanged at a regular council meeting. The German central bank, which lifted its securities repurchase rate only four weeks ago, was widely expected to leave rates
      Reuters  -  289 words
    • Article
      Lock icon EU economic confidence index hits 7-year high in Oct
      134 11 BRUSSELS Bloomberg ECONOMIC confidence in the European Union rose to a sev-en-year high in October as consumers grew more optimistic about the economy, the European Commission said. The economic confidence index in the 15-nation EU rose to 103.5 in October from
      Bloomberg  -  134 words
    • Article, Illustration
      Embattled French diplomacy
      705 12  -  nunuvov Jospin feels beat as transport strike takes toll on France's European neighbours Byi Kevin Sullivan LIONEL Jospin, the prime minister of France, arrives in London today for a summit meeting with his British counterpart Tony BUir. Mr Blair, who enjoys an extraordinary 93 per cent approval
      705 words
    • Article
      US$ expected to weaken as trade gap widens
      493 12  -  LONDON Economists see trade deficit worsening with Asian currency devaluations By Neil Behrmann THE US dollar is expected to weaken in the coming year because Asian currency devaluations will bring about a surge in the US trade deficit, economists say. Economists on
      493 words
    • Article
      Lock icon US factory orders rise for fourth straight month
      232 12 WASHINGTON Reuters NEW orders of manufactured goods rose in September for the fourth consecutive month, the Commerce Department said on Wednesday, reinforcing signs of strength in the factory sector. The value of total new orders increased 0.4 per cent to a seasonally
      Reuters  -  232 words
    • WORLD Watch
      • Article
        Lock icon UN
        8 12 AFP X- v- >-.«."it.' At'* "-< a**£ 4«&!SnE*£&
        AFP  -  8 words
      • Article
        Lock icon cuts
        7 12 Reuters VpiM Wfluv IWipi WVNRvOVJk tflß
        Reuters  -  7 words
      • Article
        Lock icon UK should be key Europeanf player:
        38 12 Reuters BrtlKlc would not be in the first wav» of KuropMH -*3 i imMI ii ■■■■1...1 /fltwtn i M mmi .ai wXMkßmc ara montuuy union (KMU) to 1986 iwa Mt of tiw
        Reuters  -  38 words
      • Article
        Lock icon New orders for German goods down 1.6%
        47 12 Bloomberg (BONN) New order* to Germany's manufacturing toxtaedT unexpectedly fell 1.8 pet cent InSepttMbar from end advanced $J per cent from a year eta, the Bcouuxuk» MiriodreakL The decline came aa a eurpriee to aatlyatfc QuvmiktheBooiif eaktreyleedflfmreiwfl! IllMilUll T V,
        Bloomberg  -  47 words
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      54 11 flSOm IUVI YOU KAM TK LATEST I r 1 liiylyA^SClm*Kl^l|| L _r h 'i m i fiojK X jfinf X I I tTwT"' --Jmrn»'jwii I 111 ;,^B^niTiTißMiTni!Trß^TiTiJT?rJ^ vrmik: "mvatt QSt&nsk*v VBoUfc G<XXf^OOOPA^bbWL, I n I I 'Hdb. -"^p^,h3& IB vtpt pi ieitllTf-1 lo KoffQ. Nov. 4; i£ V I^/Adekildo- btonr
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      Page 11 Advertisements Column 2
      17 11 I Millenia Walk Raffles Hotel Arcade ShawCeatre I The Paragon»Tblim hi—ya Depai Imvml B<oce V http://www.melwaiil.com.tg 5
      17 words
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      406 12 Iff 1 The Business Times/Johnnie Walker Golf Clinic nopjfX *-V 1 pfj| fc® j <&%%«■■ < "*9 uiekSwi "?<- a Ikkc a Li SW fflgl99B Since its inception in 1990, the Johnnie Walker Classic has 'If I journeyed to a variety of prestigious golfing venues, showcasing top-notch players like Faldo,
      406 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Time is ripe for Malaysian banks to merge
      756 13  -  OPINION THE BOTTOMLDfH By Eddie Toh The writer is BT's Kuala Lumpur correspondent ITs a good time for Malaysia's central bank to play matchmaker. Bank Negara should push mergers among the 30-odd banking groups in Malaysia The bank's call was largely ignored
      756 words
    • Article
      IN OTHER WORDS
      144 13 'It is not my dreams that are crazy. Reality is crazy.' Shimon Peres former Israeli premier on his hopes for peace with the Arabs. 'A woman's strength is like a tea bag, which should be revealed in real hot water/ Boadjuui Hohd Slid a Malaysian politician on
      144 words
    • Article, Illustration
      Lock icon Delhi's Maruti gamble
      1145 13  -  It stands to lose as Suzuki's grouses about joint-venture car maker put off Japanese investors By Prem Shankar Jha The writer, former editor of the Hindustan Tiroes, contributed this article to BT AFTER two years of bitter wrangling, relations between Suzuki Motors of Japan and the government
      FILE PHOTO  -  1,145 words
    • Article, Illustration
      Lock icon South Korean crisis set to deepen
      651 13 And prospects for economic reform in the country are dim [SEOUL] South Korea's stock of unproductive assets financed by overseas money is among the biggest in Asia. Its banking sector is the shakiest in the region, apart from Thailand's. And the gap between the
      Source:  -  651 words
    • Article
      WHAT THE OTHERS SAY
      837 13 Bangkok's UUngstrMts WHEN the traffic in Bangkok is caught up in congestion, it brings to the city a form of slow death from noxious fumes. On rare occasions when traffic has the freedom to move, it takes full advantage and the consequences are often deadly. The
      837 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      21 13 DOOMESBURY By Garry Trudeau fa"**)faeu.&z,we\ y (thanks. MMDwtcwcm&eFX &uj™Be&! I I rrmaAo] £££®Y "u-wr Aupeaw/Mi I I Kurmovrtex. H$H LA. r—J
      21 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon America can do magic
      429 14  -  CONCERT REVIEW 28 years on and the folk-rock band still enthralls its audience By. R Sivanithy [SINGAPORE] Often, less is more. Ask any one of the 500 or so patrons at the Hard Rock Cafe on Wednesday night, who upre treated to a trip down memory
      ERIC CHU  -  429 words
    • Article, Illustration
      An exploration of inspirations
      860 14  -  bbk bcumrob looks at the works of Chinese brush painter Wucius Wong and one of S'pore's most exciting artists, Kumari Nahappan BEN MUNROE WUCIUS Wong, or Wong Wuxie, well-known asa designer and Chinese brush artist in Hongkong, is a relative newcomer to the Singapore art scene,
      860 words
    • Article
      Looking back on the 20th century
      560 14  -  TELEVISION BBC's The People's Century' is an ambitious effort not to be mined By I Susan Tsang (SINGAPORE] THE People's Century currently screening every Friday night on Premiere 12 is the most ambitious documentary project undertaken by the British Broadcasting Corporation to date. The
      560 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      158 14 j k P" It takes i MmM, passion to maintain our I Ur 1 reputation. |Wm. r it Mm is®* *L '1 i Over the years, the world famous Bukhara has won more accolades than would fit this page. Here's just a few J I" "Domestic and international travellers rerouted
      158 words
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      Page 14 Advertisements Column 2
      66 14 I *sr- I lAR-I-Q BAR DIMNKRTIMK! I America's Finest BBQ and Ribs, b i featuring Display BBQ Pits, Steaks, I Salads Sandwiches, Burgers, 9 choices I of sides, Kids under 5 eat free LUMCH nAJrriMG FROM *%SOl I /I River Volley Rood (apposite Imperial Hotel) ift VV Parking flt Hotel
      66 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      227 15 Where to wine, dine and entertain... BMaoS&jj What battel way to celebrate a great week than Sunday Brunch at The Cafe-in-The- ftrb? Enjoy the (meet brunch and aervice at only $28* per adult (only $14* for the bida). Then toaat our good fortune with Gold Sett Champagne, each glaaa glittering
      227 words
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      Page 15 Advertisements Column 2
      222 15 ORiqiNAl Nonya REcipc TWO DECADES OLD At The Luna DEB 9 Coffee House Try our famous Laksa, Mee-Siam, Otak Otak, Ay am Keluak and not forgetting the tempting Nma Battel Lact SlB 00***1 dull) ■iQAHP/ Sl2 00+++(Cliild) *Complimentary Business Times available while stocks last For reservations, please call 733 2081
      222 words
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      Page 15 Advertisements Column 3
      190 15 For the best catch in town with the greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, Terrace Open daily for all-day dining, alfresco style with an exotic Balinese setting. For reservations, please call 731 7990. ee ROYAL CROWNE PLAZA** siaaapoai Fonmtif ahr HokeLt) htm
      190 words
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      Page 15 Advertisements Column 4
      292 15 Buy it. Sell It. Find it. Classified. pM I CATS Call l oday f or Results tomorrow. 1800-737 hm drSBACK! I C J/ BY POPULAR DEMAND, I WE'RE BRINGING BACK- HI-TEA I Assorted Sushi, Open-face Sandwiches I Laksa Yong Tau Foo,Roti Prata I Tim Sum, Assorted French Pastries I Bread
      292 words
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      Page 15 Advertisements Column 5
      192 15 «1 /ri, szz. JSr X ■rr* mm r "See-tood" J j£. makes a apectacle of J IneV. aa the widest y/ seafood appetiser Js buffet untoMa before you at lop of the *M", Slngapore'a Hlgheat Revolving Restaurant Peaat on exciting seafood creations prepared wMli only die hrahta aeafood and boantlfnl
      192 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      700 15 TV&RAPIO ML.:. 2.40 Billboard US Top 20 ILOO TV Innovations. Countdown. LOO AM Close. 2.00 PM TV Innovations. 4JA I Dream of 2-30 The Winners s,qq TV Innovations (rj. TV I xao Ta°ik e of ■■■■MMMMi IXOO NNBeritaJaml2 Ui? S^ am 0-00 AM The Mark of Muske- ixm Prayers (L).
      700 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      308 15 CRYPTIC CROSSWORD _i ACRnM R p I 5 I E I E I HBF K 3 1 Outline permission is re- LgJ UgJ 'I quired (10) J J B 9 9 Some cereals only are al- pOl 5 10 A measuring device for farm machinery (10) 2 11 An animal's
      308 words
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  • ASIA'S CORPORATE LEADERS
    • Article, Illustration
      A focus on quality and people
      1583 16  -  Going on these two areas, Thermax chief Anu Aga has carved out a distinct position for the firm among India's corporate giants, says shkvtambja SHIV TANEJA INDIA'S Thermax Ltd, a manufacturer of energy-conservation and environment-protection equipment, is hardly one to attract much attention outside
      1,583 words
    • Article
      Lessons from two deaths
      410 16 DEATH is hardly the sort of iubject you want to spend jiiuch time talking about, ftuch less writing about but $>r Anu Aga, who lost both her jlusband and son within the 4>ace of 14 months, it is sometyiing she has had to struggle with, and
      410 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
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      134 words
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  • COMPANIES & MARKETS
    • Article
      OUB says 8b yen exposure to Sanyo Securities well-covered
      395 17  -  It says loans to the collapsed Japanese brokerage are folly secured by JGBs By\ Siow Li Sen [SINGAPORE] Overseas Union Bank's eight billion yen (*****.9 million) exposure to the collapsed Sanyo Securities group is well-covered, the hank said yesterday. "OUB has
      395 words
    • Article, Illustration
      Lock icon Tan Chong defers sale of maiden condo, opts to lease out units first
      404 17  -  Firm still has land bank of about 864,000 sq ft, made op of four properties By. Jenny Lam [SINGAPORE] Tan Chong Motor Holdings will initially lease out its maiden condo project, Wilby Residence, rather than sell it
      CHRIS LOH  -  404 words
    • Article
      Japan's Konami gets SES nod for secondary listing
      220 17 [SINGAPORE] The Stock Exchange of Singapore (SES) has approved Japanese software manufacturer Konami Co's proposed secondary listing on the mainboard. And quick-off-the-mark Konami said yesterday that the listing and quotation of its shares will begin today. The shares will be traded in
      220 words
    • Article
      Investors may see attractive IPO prices in difficult market
      482 17  -  HOCK LOCK SIEW Ven Sreenivasan HHIH HE response to JIT Holdings' initial public offerH ing (IPO) will be closely watched by other compa- nies which plan to go to the market for fUnds in the next few weeks. The fact that
      482 words
    • Article
      Stronger US$ won't affect purchase cost of APL: NOL
      415 17  -  Only real cost rise is theUSs3oompaidin goodwill: official By Ven Sreenivasan [SINGAPORE) The greenback's rise against the Singapore dollar will not have a significant long-term impact on Neptune Orient Lines' purchase cost for US-shipping company American President Lines. NOL officials said
      415 words
    • Article
      DVD drive shipments: Creative clarifies
      146 17 [SINGAPORE] Creative Technology yesterday said shipments of its new digital video disk (DVD) drive have not yet reached 100,000 units a month, contrary to wire reports. The multimedia company said in a press statement: "While sales have been strong and the company perceives strong demand.
      146 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Weak KL bourse slashes premiums for listed shells
        489 18  -  Maju expected to seek cheaper company for backdoor listiigof Perwaja Steel From Eddie Toh in Kuala Lumpur BESIDES scuppering Malaysian companies' capital-rais-ing exercises, the moribund stock market has slashed the premium for listed shell companies. The price for a listed shell, which
        489 words
      • Article
        Lock icon Indosat's Q3 net up 38% to 176b rupiah
        251 18 Bloomberg (JAKARTA] PT Indosat, Indonesia's dominant international telecommunications company, said on Wednesday that its third quarter net profit rose 38 per cent to 176.1 billion rupiah (5184.2 million) as income rose at a faster pace than costs. "It's ahead of our expectations,"
        Bloomberg  -  251 words
      • Article
        Lock icon Mutiara Swisscom: hub for EU-Asia traffic
        207 18 Bernama [KUALA LUMPUR] Mutiara Swisscom Bhd will act as a regional hub for its partners' telecommunications traffic between Europe and Asia. Mutiara Swisscom is the holding company of cellular telephone operator Mutiara Telecommunications Sdn Bhd, in which Swisscom is its single largest shareholder. The
        Bernama  -  207 words
      • Article
        Advanced System Automation 1st-half profit up 48%
        285 18 Surge helped by foreign exchange gains, lower costs [SINGAPORE] Advanced System Automation Ltd, which makes and sells semiconductor equipment, said its fiscal first-half profit rose 48 per cent, helped by foreign exchange gains and lower costs. It expects full year profits to be
        285 words
      • Article
        Lock icon Indomulti EGM approves merger, divestment plans
        236 18 AFX-Asia [JAKARTA] An Extraordinary General Meeting of PT Indomulti Inti Industri of the Salim Group has approved a management plan to merge the company with PT Indomobil Investment Corporation and to divest its six subsidiaries into other companies within the group. Company president Fransicus
        AFX-Asia  -  236 words
      • Article
        Lock icon Innovest eyes timber concessions in Zaire
        118 18 Reuters [KUALA LUMPUR] Malaysian timber and property concern Innovest Bhd said yesterday that it is negotiating to acquire timber concessions in Zaire. "Innovest Bhd is currently involved in negotiation with a foreign party on the acquisition of timber concessions in Zaire, Africa, covering an
        Reuters  -  118 words
      • Article, Illustration
        Lock icon Ford opens factory in Vietnam
        75 18 [HAI DUONG, V ietnam] Vietnamese girls in traditional dresses carrying a /lower basket given by guests during yesterday's official opening ceremony of Ford Vietnam Ltd, a car assembly joint venture in Cam Giang district in the northern province of Hai Duong. Ford Vietnam has spent
        AFP  -  75 words
      • Article
        Goldtron may lose control of HK unit to China party
        148 18 [SINGAPORE] Sesdaq-listed Goldtron could lose control of its Hongkong subsidiary Goldtron Holdings (GH), depending on how negotiations go between the group and a mainland Chinese party. In a brief statement yesterday, Goldtron said it was "in an advanced stage of
        148 words
      • COMPANY Briefs
        • Article
          Jurong Shipyard lends SembCorp $29m
          101 18 [SINGAPORE] Jurong Shipyard mid it granted yesterday a short-term loan of $29.0 million to parent company Sembewang Corporation to cut the letter's borrowings. The loan will be ft* one month at an interest rate of4JS per cent per annum, ft could be extended on a
          101 words
        • Article
          SRI Fund cancels 150.000 units
          41 18 [SINGAPORE] The Singapore Regional Index Fund aaid it cancelled 100,000 and 80,000 unite respectively on No? 4 and (respectively. After the cancellation, the total manter of units in imue as at Nov 6 is M7JI million.
          41 words
        • Article
          Lock icon Keppel Land shares surge
          105 18 Reuters v« [SINGAPORE] The share price ot property firm Keppel Land surged more than 13 per cent to $2.73 yesterday, after being heavily oversold last week, analysts sa*."H*fi a g lot last weekend hasn't recovered to previous levak like -the other property counters," said an aaalwHHh
          Reuters  -  105 words
        • Article
          Lock icon Ayala's share consolidation approved
          56 18 AFX-Asia [MANILA] The Securities and Exchange Commission said it approved the application ofAyala Corp to consolidate its A and B common move will not result in any dilution to existing shareholders sinos itwtll not invoke the issue of new sharae, it said. Ayala Carp A and
          AFX-Asia  -  56 words
        • Article
          Lock icon Philipnas Shell expects more losses
          80 18 Reuters IMANlLAlPilipinas Shell Petroleum Corp said yesterday it expected to incur more iooses after the Supreme Court declared a nine-month-oid oil deregulation lav iflsfei. "definitely, we will accumulate more under-recoeeriee," Pilipinas Shell manager Reynaldo Gemboa said. "Prices will remain as is for the next couple
          Reuters  -  80 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Weak yen, strong exports drive Toyota's interim profit up 25.6%
        641 19 Bat company had to revise down domestic sales ontlook dne to sluggish sales Reuters [TOKYO] Toyota Motor Corp announced a solid jump in its half-year parent profit yesterday as the windfall of a weak yen and robust exports offset the
        Reuters  -  641 words
      • Article
        Lock icon Leighton won't rush into acquisitions
        230 19 Bloomberg [SYDNEY] Leighton Holdings ruled out spending any portion of its A 5422 million (*****.4 million) cash reserves on a share buyback and indicated it won't rush into acquisitions. The very successful Australian construction company has been criticised for its lack of debt and large
        Bloomberg  -  230 words
      • Article, Illustration
        Lock icon Bronze stud may raise US$90,000 at Sotheby's
        69 19 [LONDON] A Sotheby assistant astride a two-thirds lifesize bronze by English sculptor John Osborn of Eclipse, the horse from whose male line 90 per cent of all thoroughbreds are descended. Eclipse was bred by the Duke of Cumberland in England in 1764 and
        AFP  -  69 words
      • Article
        Lock icon HK Telecom profits seen rising 12% to HK$6b
        343 19 Bloomberg [HONGKONG] Hongkong Telecommunications Ltd, expected to report a 12 per cent increase in profits today, is turning to karaoke and movies for future profit growth. The company, which on Wednesday said it has received an in-principle licence to operate a video-on-demand
        Bloomberg  -  343 words
      • Article, Illustration
        Lock icon News Corp first qtr profit up strong 15%
        474 19 Better results on higher US TV gains, newspaper profits Reuters [SYDNEY] Rupert Murdoch's global media group News Corp Ltd posted a surprisingly strong 15 per cent profit rise for the first quarter yesterday, citing sharply higher US television earnings and better newspaper
        Reuters; FILE PHOTO  -  474 words
      • Article
        Lock icon Mitsubishi says it lost 34b yen on baht's plunge
        363 19 Troubled car maker had borrowed USssoom to expand Thai production line Bloomberg {TOKYO] Mitsubishi Motors Corp said the baht's plunge caused it to rack up 34 billion yen (***** million) in foreign exchange losses on money it borrowed to fund an
        Bloomberg  -  363 words
      • Article
        Lock icon Coles Myer sales up 7% in 1st qtr
        304 19 Bloomberg (MELBOURNE] Coles Myer Ltd said sales growth in the first quarter accelerated to 7.1 per cent, putting Australia's largest retailer on track for a better Christmas. Melbourne-based Coles Myer said sales in the 13 weeks ended Oct 26 rose to A
        Bloomberg  -  304 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Kansas City Fed sees lower stock gains of below 10% ahead
        530 20 Present US returns of 15% can't be sustained by earnings, says report Bloomberg [WASHINGTON] Investors should expect to see less than a 10 per cent annual return from US stocks in the next 40 to 50 years, well below
        Bloomberg  -  530 words
      • Article, Illustration
        Lock icon Siemens' Q4 profit up on gains in international business
        395 20 Bloomberg [MUNICH] Siemens AG said fourth-quarter net income rose 8 per cent, exceeding analysts' expectations, as gains in international and communications businesses outweighed declines in medical engineering and power generation. The German electronics and engineering company said net income for the
        Bloomberg; AFP  -  395 words
      • Article
        Lock icon IBM due to launch low-priced PCs after earlier misjudgment
        425 20 Aptiva El 6 designed for first-time buyers or as second PC in the home Bloomberg [ARMONK, New York] Inter national Business Machines Corp was due to announce yesterday its entry into the market for personal computers that cost less than US|l,OOO
        Bloomberg  -  425 words
      • Article
        Lock icon US SEC probes markets' operations during plunge
        531 20 This includes a review of delay in NYSE trading Bloomberg (WASHINGTON] The Securities and Exchange Commission (SEC) has launched a broad examination of stock market operations during last week's historic plunge, including a review of the New York Stock Exchange's delay in opening
        Bloomberg  -  531 words
      • Article
        Lock icon Mercedes gets 1,000 cancellations for A-Class cars
        267 20 Bloomberg [STUTTGART, Germany] Mercedes-Benz said it received 1,000 cancellations for its new subcompact A Class model in the past Ave days, following reports that the car tipped while making a tight turn during a test drive. "It's true that we've seen 1,000 cancellations,"
        Bloomberg  -  267 words
      • Article
        Lock icon Four Seasons Hotels Q3 profit exceeds analysts' forecasts
        280 20 Bloomberg [TORONTO] Four Seasons Hotels' third-quarter profit before a charge more than doubled, exceeding analysts' expectations, as the recent surge in economic growth boosted demand for luxury downtown hotel space. Profit before a charge rose to C 513.1 million (5J14.7 million), or
        Bloomberg  -  280 words
      • Article
        Lock icon Seagram first-qtr revenues hurt by currency fluctuations
        374 20 Reuters [MONTREAL] Seagram Co said on Wednesday its firstquarter revenues were hurt by difficult market conditions globally and currency fluctuations, including a stronger US dollar and British pound. The Montreal based beverages and entertainment company reported first-quarter revenues of U552.94 billion (554.6 billion),
        Reuters  -  374 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Merrill Lynch, Morgan Stanley lead TSE trading
        379 21 US banks overtook biggest Japan brokerages for the first time last month FT [TOKYO] Two US investment banks, Merrill Lynch and Morgan Stanley, were the most active traders on the Tokyo Stock Exchange last month. They overtook, for the first time, the biggest
        FT  -  379 words
      • Article
        Lock icon National Australia Bank Q4 profit falls 3%
        390 21 Bloomberg [MELBOURNE] National Australia Bank Ltd's fourth-quar-ter profit fell 3.2 per cent as falling earnings in its home market offset better performances overseas. The Melbourne-based bank, Australia's largest and most profitable, said its earnings in the quarter ended Sept 30 fell to AssBo
        Bloomberg  -  390 words
      • Article, Illustration
        Lock icon US lifts Mexican avocado ban
        53 21 [URUAPAN, MexicoJ A Mexican farm worker picking green avocados on Wednesday from the Del Valle plantation outside of Uruapan, the self proclaimed avocado capital of the world. Mexico renewed avocado exports to the United States yesterday after its northern neighbour lifted an 84-year ban on
        REUTERS  -  53 words
      • Article
        Lock icon Accounting group rejects US derivative standards
        230 21 The US roles have received virtually no support so far Reuter, Bloomberg [BOCA RATON, Florida) The International Accounting Standards Committee, an accounting group based in London, has rejected adopting derivatives accounting standards being drafted by US accounting professionals. The international group's latest move comes
        Reuter,; Bloomberg  -  230 words
      • Article
        Lock icon Guinness Flight sets up fund for China shares
        223 21 Bloomberg [PASADENA, California) Guinness Flight Investment Management Ltd said it's introducing the first mutual fund to invest exclusively in mainland China. The timing may seem unlikely, given the current financial market turmoil in Hongkong. The stock market there has lost about 36
        Bloomberg  -  223 words
      • Article
        Jakarta may up minimum capital for insurance firms
        288 22  -  Stronger capital requirements needed to prepare industry for liberalisation: insurance official By\ Soh Tiang Keng [SINGAPORE] The Indonesian government plans to raise the minimum capital retirement of the country's insurance companies from two pillion rupiah (*****.000) to 10 billion rupiah to bolster
        288 words
      • Article
        Lock icon Sumitomo rogue trader managed fund for ex-boss
        341 22 Court told ex-boss set up ÜBS acconnt in HE for Hamanaka Bloomberg JTOKYO] Yasuo Hamanaka, former Sumitomo Corp copper trader who lost US$2.6 billion (Ss4.l billion) in unauthorised trading, made trades Cor a former boss' company while he was working at Sumitomo, his
        Bloomberg  -  341 words
      • Article, Illustration
        Lock icon Scarce fuel, burning issue
        91 22 -[SIERRA LEONE] A Sierra Jjeone woman waiting on Wednesday for her turn to buy kerosene, Z 1 used for bush lamps and stoves, as a Nigerian-imposed embargo has created a scarcity of petroleum products in the country. Even the hotels in the capital only have electricity
        AFP  -  91 words
      • Article
        Lock icon Citicorp to charge small customers monthly fee
        273 22 Bloomberg [NEW YORK] Citicorp said it will begin charging customers a fee of as much as US$l2 (5518.90) a month if they have less than US$6,OOO in the bank. The nation's second-largest bank expects to levy the new charge on about 190,000 retail
        Bloomberg  -  273 words
      • Article
        Lock icon SEC charges five with insider trading
        471 22 Bloomberg ;> [WASHINGTON] A former -compliance officer for Bank- era Trust Securities Corp, his c brother and three others were charged by regulators with netting U*****,200 (*****.520) from insider trading related to r an ITT Corp tender offer for Caesars World Inc in 1994.
        Bloomberg  -  471 words
      • Article
        Lock icon Euro$ gains capped ahead of jobs data
        234 22 fBMELReport Reuters [SINGAPORE] Simex Eurodollar futures edged higher yesterday, but dealers said further gains were likely to be capped ahead of the US jobs report for October. "Bonds have been ticking up slowly. There was talk of Middle Eastern buyers showing interest in
        Reuters  -  234 words
      • Article
        Institutional players push futures higher
        164 22  -  MS&TAIW AM FUTURES Perry Gilbert day. Perry Gilbert, vice-pres-ident, Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract rose yesterday, in a rally led by institutional orders from BZW Futures, Goldman Sachs Futures and Refco Singapore. The market was responding to
        164 words
      • Article
        Lock icon Opec lifts Oct output by 330,000 bpd
        243 22 ENERGY REPORT Reuters [LONDON] Opec in October limbered up for ministerial talks in Jakarta by lifting oil production to a new 18-year high, underlining the impossible task it faces in restoring credibility to its tattered system of output quotas. October output soared to
        Reuters  -  243 words
      • Article
        Lock icon CURRENCY REPORT
        267 22 Reuters London THE US dollar is likely to consolidate against yen and mark ahead of key US employment data due today, but the long-term bullish trend remains intact, analysts said. Meanwhile, monetary meetings in Germany and Britain are expected to leave interest rates steady. "We can expect a
        Reuters  -  267 words
      • Article, Illustration
        Untitled
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        483 words
    • Article
      COMMODITY PRICES
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      347 words
    • Article
      WORLD STOCK MARKETS
      1648 23 —i II Croup 470 "5 ABPvtS 282.400 *.400 UMfUMMl *44 *114 /UMOHMCI 49*400 -7.400 Amoe 140.400 -1 Ml Croup 187.400 4.400 BATM 82S *.400 BCPIc 2M -1 MCC 188 -1 BOC Group 100 -1*080 8R Potroloum M0.400 -20*00 rr» 200.400 -n.*oo Bank of Scotton* 4SS -4* brcUyi
      1,648 words
    • Article
      Lock icon TOKYO
      1451 23 AFP Hma ♦am JAPANESE share prices closed slightly higher yesterday as buying by pension and public fluids offset continuous declines among bank leaders and other financial issues, brokers said. The Nikkei Stock Average of 225 blue chips on the Tokyo Stock Exchange closed 0.5 per cent higher on buying
      AFP  -  1,451 words
    • Article, Illustration
      Lock icon HONGKONG
      1547 24 AFP QHtagSeog -mil SHARP prices shrank 2.5 per cent yesterday, the third successive day of decline, as interest rates were raised to defend the local currency's peg to the US dollar. "There is a kind of uncertainty in the market because of fears of a high level of interest
      AFP  -  1,547 words
    • Article, Illustration
      Lock icon CHINA
      630 24 Reuters nShcmheaB Index -»6u75 THE Shenzhen B share market ended sharply higher yesterday on bargainhunting. The B Index rose 5.75 points, or 4.9 per cent, to 123.80 as turnover expanded to HK$65 million from HK$21 million on Wednesday. The A Index lost 4.70 points to 422.80 on turnover of
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  630 words
    • Article
      Lock icon TAIPEI
      402 24 AFP nwpinte ♦ma STOCKS surged yesterday, notching up the fifth straight day of gains on strong buying of technology issues by foreign institutional investors. Although foreign investors' shareholding accounts for only 3 per cent of all the shares circulated in the bourse, they have served as leading indicators of
      AFP  -  402 words
    • Article, Illustration
      Lock icon JAKARTA
      741 24 AFP U Composite lain -1106 SHARE prices fell yesterday as Telkom plunged ahead of the expiry of a two-year "lockup" on trading in a portion of the company's stocks. Local pension funds bought shares during Telkom's initial public offering in November 1995 on the understanding that they would hold
      AFP  -  741 words
    • Article, Illustration
      Lock icon BANGKOK
      824 24 AFP □SETMex -&7» SHARE prices dropped yesterday, amid political wrangling over a successor to Prime Minister Chavalit Yongchaiyudh. Analysts said said trading was dominated by political concerns, as no one knew what the composition of the new coalition government would be. The SET Index fell 8.79 points at 478.32.
      AFP  -  824 words
    • Article
      Lock icon MANILA
      310 24 AFP Q Manila -Ml STOCKS fell yesterday as a Supreme Court decision a day earlier to strike down the deregulation of the oil industry dampened investor sentiment. The PSE Composite index fell 7.61 points to 1,893.06. Turnover was 908.5 million shares worth 1.4 billion pesos. San Miguel Corp A
      AFP  -  310 words
    • Article
      Lock icon SEOUL
      417 24 AFP kl Composite fain -LB7 SHARE prices closed lower in volatile trading yesterday, with local investor buying offset by foreign selling. The market moved sharply lower in early trade on foreign selling before recouping most of its losses later in the session on retail buying, dealers said. The Composite
      AFP  -  417 words
    • Article
      Lock icon SYDNEY
      601 24 AFP FlAllOrfatriei +2&2 STATEMENTS by Reserve Bank chief lan Macfarlane indicating that interest rates will remain steady boosted share prices yesterday. The All Ordinaries Index rose 25.2 points to 2,571.0. Turnover was 328.2 million shares worth A 5798.8 million. BHP jumped 50 cents to A 514.98. National Australia Bank
      AFP  -  601 words
    • Article
      Lock icon WELLINGTON
      248 24 Bloomberg Q Wellington *HIS SHARE prices rose yesterday due to offshore money coming into the market, brokers said. The key NZSE Top 40-share Index rose 24.15 points to close at 2.496.75. Within the index, advancers outnumbered decliners 20 to 17. Trading was valued at NZ$llO.3 million. N.1 is nw
      Bloomberg  -  248 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
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        8,507 words
      • Article, Illustration
        Lock icon Shares end off lows on bargain-hunting
        224 25 AFX Asia QOampootelaiez -172 SHARE prices closed off their lows yesterday on light bargain-hunting by foreign funds seeking attractive investments in the local bourse, dealers said. However, the funds were seen cautiously nibbling at selective index-linked stocks, they added. The KLSE Composite Index lost
        AFX Asia  -  224 words
      • Article
        Untitled
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        92 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3692 26 HMt LOANS ft WARRANTS M 1MT Laat Vol Day Laat Ouata Av« IM Mb* Cmw Sal* '<>' COOOl HI# La* Buy.r SaMar Prtca M 20.5m 3000 m AMOB c5.5%*****6 23.5 22 5 25 81 15 3160 A Acar ******1 USS 23 *1 26 23 23 22.5 24 131 23 3164
        3,692 words
      • Article
        Labroy wrt victim of bear market?
        213 26  -  WARRANT WATCH liy] R Sivanithy FIVE new warrants were listed yesterday on the Singapore market and on Clob International ITK, San Teh. Superbowl, Labroy Marine and FACD. In the case of the Singapore warrants, they were all listed barely two weeks after their nilpaids
        213 words
    • Article
      CLOB INTERNATIONAL
      2372 26 MALAYSIAN STOCKS Or Gr 1997 Last Val Day Last Ouota 0* Mr VM Mat M Cap Ht» Law Stna Campany SaH COOP) H>» Law 8»yar i—r o P/t ™47S 120 ms 5000 AISS50C 152 cd 46 154 148 148 152 To 3.3 0.8 56.3 155 9 137 35
      2,372 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
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      292 words
    • Article
      MAIN BOARD
      4943 27 or Of mm 1997 L4Pt Vet Day Last Oweto Dfv Mv YW Net Cea Aug n» u» ww cwnt mi rooo» m> i— Buyer mmr cw p/k taJ »*aa 1ST 40 1020 ACC Dynemlcs60c 60 53 57 49.1 44 SV66 ASCMt$W200 us- MS MS 1275 AST US* too
      4,943 words
    • Article
      SESDAO
      1025 27 •r «r M at 4t»7 Last V4l 0*f LMl Owt* Mr Ml W M C44 A«* mm i«» mw cmud m roooi mm u» »—4r cv »/t m pk— M4 74 2000 AS4M4444SC 00 -1 M 111 IM m 111 UN 43 0.1 IM.7 ST J 130 444 144
      1,025 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
      227 28 >K>I Wll •RH8 Cap Wt99 7,471,000 •MBF Land Bhd 4,272,000 SingTel 15c 3,987,000 Kett* Land 50c 3.047,000 •RHiapacifk Hi 2,846,000 STIC 25c 2.791,000 'Magnum Corp50c 2,567,000 OUB Foreign 2,207,000 IPC Corpn 5c 2,141,000 'Landmarks BM 2,090,000 Stacks > DBS Foreign 22.769,073 OUB Foreign 12,602.064 OCBC Foreign
      227 words
    • Article, Illustration
      Volatility eases as prices slip and volume dwindles
      679 28  -  STOCK MARKET COMMENTARY Malaysian stocks also drift with no clear direction coming from Hongkong, although brokers report some signs of late buying By R Sivanithy [SINGAPORE) Volatility in the local stock market continued to ease yesterday, with prices drifting in thinning volume.
      679 words
    • Article, Illustration
      HOT STOCK
      59 28  -  by Shiv Taneja KEPPEL LAND closed 13 cents higher at $2.54 on a volume of 3.04 million shares yesterday, compared with its l(May traded average of 2.65 million units. In the near term, the stack will trade sideways. Lang-term investors should buy on any weakness, as most indicators
      59 words
    • ON THE GRAPEVINE
      • Article
        Net breaking the bank
        80 28 ITs usually a sign of confidence when company insiders buy their own shares. Amirsham Aziz, managing director of May bank, did just that A tad less inspiring, however, was the number of shares transacted. According to a notice he filed with the stock exchange, Mr Amirsham
        80 words
      • Article
        Re-writing history
        86 28 WE HAVE had a call from a follower of North Borneo Timber (NBT) who was alarmed by our reference to the company's share price (at RM53.50) reaching a historical price/earnings ratio of 1,783 times. We stand corrected and apologise for the error. Our ratio was wrongly calculated on
        86 words
      • Article
        Honesty pays $20.000
        90 28 MICROSOFT will now pay big money for honesty: $20,000 for information leading to a successful action to stop the pirating of Microsoft software in Singapore. The US giant has set up an "Honesty Line" to prod members of the public to call up and provide information on
        90 words
      • Article
        Regional'upgrading'
        106 28 A TWO-DAY meeting of leading lights in the financial community later thia month promises to be so high-powered that its organiser, IBC Asia, has "upgraded" its status to that of a summit rather than just a seminar. The subject matter of course revolves around the current volatility in Asian
        106 words
      • Article
        Is it cricket to ask for $50.000?
        101 28 WOULD you part with $50,000 for a social club membership during these tumultuous days? Well, that's asking price for the soon-to-be launched transferable membership for the Republic's oldest and best established club, Singapore Cricket Club. Having been gazetted under the Conservation Act, the
        101 words
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      78 18 MADE IN GERMANY Four-Wtwd Drive Aluminium Alloy Body Luxurious Interior Upholstery Latest Gorman Technology 3916 Orchard Road 290 Orchard Road G123, City Square #02-12 L/M, Ngee Ann City #02-21 Paragon 182 Jalan Tun Razak Singapore *****4 Singapore *****9 K.L. Malaysia Sola Distributor: Tfc« Plmmmlc Distributers Pta Ltd Tel: 842 1700
      78 words
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      Page 18 Advertisements Column 2
      7 18 niH« ia i titfcf ChuMM Ait wttkiii.
      7 words
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      Page 18 Advertisements Column 3
      97 18 I Why do so many affluent and financially successful people introduce their friends to Breakthrough Agency and its Associates? Have you heard of Serene Ng from The Breakthrough Agency? We represent AIA, the No. 1 Life Insurance Company in this part of the world. Hopefully, someone you know will give
      97 words
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      Page 19 Advertisements Column 1
      121 19 LALIQUE I F f K* Vase Gtverny $1 <685* i»I i,• Hilton Shopping Gallery #02-03/04 Tel: 734 1363 MHtenia Walk #01-14/15 Tel. 336 2202 ©1995 Lalique A I M.l«« jf 9 gg i I Nestled between King's Park, the River, and the City. H Luxury 1 bedroom HMffIHnHMHIMMjM 1& 2
      121 words
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      96 20 11 > wk 11 m 1 j jiwcwaas «*tt»lJ iMmmmtßKKKKKtKKtKKntmmmmmmmmmmmmmmmHam in....r--i. r— WHh a worldwide team of 250 multt-cßaciplined professionals and 111 a network of international offices, OCRA provides confidential and coat affective company formation in al tha major low tax araaa E Including: Fua Professional after sales services provided.
      96 words
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      Page 20 Advertisements Column 2
      335 20 Global Markets Foreign Exchange 'Outstanding Opportunity for a Business Manager Danteelie Morgan Qronfoll is the Regional Head of FX to raise Deutsche You hava a thorough understanding of investment banking arm of Deutacha Bank. Morgan Grenfsll'i position as the pre- financial markets and business strategy one of the largest banks
      335 words
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      Page 21 Advertisements Column 1
      3326 21 BUSINESSXo/icrs To iidxeiiist'call toll-free ISOO-741 ISS3 NOTICE IS HEREBY GIVEN that, I Lechimi d/o Ramasamy of Blk 403 #02-551, Jurong West St 42 Singapore *****3, have applied for a Public House 2nd Class Licence in respect of M/s Ashwin Restaurant located at 24, Cuff Road Singapore *****5, and that this
      3,326 words
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      126 26 1 YOU ARE JUDGED BY WHAT YOU WEAR CYC'S TAILORED SHIRTS WILL SET YOU APART. Why wear readymade shirts made for the average body? At CYC, every shirt is skilfully crafted for your body giving you just the right And you have our word on it each CYC shirt comes
      126 words
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      42 27 Loquet Hermes. H SoteAgant: P CONCEPTS (INTERTSTTONAU) LIMITED) 391 A Orchard Road Nfaa Ann City #17-06 Singapore 23*873 Available at: DICKSON WATCH A JEWELLERY: The Promenade, Cantrapoint. Suntac City. HERMES BOLTIQUE: Liat Tower, Daimaru, Takaahimaya Also available at all leading authorised dealers.
      42 words
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      522 28 Notices To advertise call toll-free 1800-*****83 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AVANTI FASHIONS PTE LTD (Incorporated in Singapore) At an Extraordinary General Meeting of the abovenamed Company duly convened and held *51 Newton Road #08-04 Goldhill Plata Singapore *****0 on 31
      522 words
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      Page 28 Advertisements Column 2
      605 28 NOTICE IS HEREBY GIVEN that, I Sta Maria Ulric Francis of Blk 22 Haig Rd #07-07 Singapore *****2, have applied for a Public House, Second Class Licence in respect of M/s The San Marino Baking Co. Pte Ltd located at 372 East Coast Road Singapore *****2, and that this application
      605 words
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      Page 28 Advertisements Column 3
      322 28 NOTICE IS HEREBY GIVEN that, I Wong Chi Keong of Block 323 Jurong East Street 31 #06-202 Singapore *****3, have applied for a Second Class Beer House Licence in respect of M/s Soup Restaurant (Seah Street) Pte Ltd located at 39 Seah Street Singapore *****5, and that this application will
      322 words
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      Page 28 Advertisements Column 4
      336 28 corrpany |BHB ridge Real Quick, Real Smart, Real News BRIDGE NOTICE IS HEREBY GIVEN that, I Ng Chee Pheng of Blk 102 #08-1427 Ang Mo Kio Ave 3 Singapore *****2, have applied for a Beer House, Second Class Licence in respect of M/s Cozy Corner Cafe Pub located at 14
      336 words
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      Page 28 Advertisements Column 5
      517 28 NOTICE IS HEREBY GIVEN that, I Krishnan Suppaiah of Blk 210, #03-121, Boon Lay Place Singapore *****0, have applied for a Public House, Ist Class (Extended) Licence in respect of M/s Jurong Football Club House located at 241, Jalan Ahmad Ibrahim Singapore *****3, and that this application will be considered
      517 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      245 29 Bridge News Reuters LATI TRADING was particularly lacklustre with very few details of concluded business euargtog. fuiim again buoyant from west Africa with a couple of very large crude carriers booked in and wtth rates for Bfflkm barrel loaders holding steady to firm, DTOKcTS SaKL *****16 Mediterranean, there
      Bridge News; Reuters  -  245 words
    • Article
      MARITIME STOCKS
      41 29 mtmWmZZZlvn <*joz ym kHIJ gygMj. -U? <U* S£ M *OOJ t^ m mm w* 11 fttBBB s^g —$a li ~fjj 4jo m M Ma M asSESTs wi»ua»iiii—444 *n im HivMYMMmi 422 -4 OI4 MmUHIM 77 -t nt Source: BRIDGE
      41 words
    • Article, Illustration
      Lock icon NOL to form new global alliance with APL merger
      645 29  -  K&tiinal carrier's USsB2sm deal with APL dears final US ngriataiyhnrdle By Felix Chan [SINGAPORE] Neptune Orient Lines' (NOL) US$B25 million (581.3 billion) acquisition of American President Lines (APL) cleared its final regulatory hurdle yesterday culminating in the birth of a new
      FILE PHOTO  -  645 words
    • Article
      MPA stands down spill clean-up
      199 29 [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) yesterday ended its massive clean up operations following Singapore's worst ever oil spill. A statement from the (MPA) said that the amount of oil lost from the tanker Evotkos \n the collision with the Thai-owned Oraptn
      199 words
    • Article
      Shipowner cannot claim one-month advance payment
      702 29  -  ADMIRALTY CASEBOOK By Selva Kumar A SHIPOWNER which withdrew its vessel when the charterer did not make advance payment could only recover the hire for the period that the ship was actually on hire. This meant the shipowner was unable to claim the contractuaftibemonth
      702 words
    • Article, Illustration
      Lock icon Los Angeles port to build major container terminal
      343 29 [SINGAPORE] The US west coast Port of Los Angeles has announced plans to develop a major new container terminal with the hope of making it one of the biggest in the US. Pier 400 Container Terminal on a 127-ha site will be
      FILE PHOTO  -  343 words
    • Article, Illustration
      An eye on future investment opportunities
      252 29 [SINGAPORE] Focusing on the future development of transport and logistics in the Asia-Pacific, the 3rd Asia Pacific Transport and Logistics Congress '97, to be held here next week, will also feature leading experts speaking on future investment opportunities. On the first day of the/
      252 words
    • Article, Illustration
      Lock icon Strike belies union weakness
      829 30 FRENCH LABOUR Truckers' strike is hurting trade but it has not received wide support, say labour experts Bloomberg Television images of striking French truck drivers blocking roads for a third day yesterday give the impression France's labour unions have huge control over the world's fourth-largest economy.
      Bloomberg  -  829 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      337 30 PACE Exp Orient M AM. 3 a-WgM 6 AM* 16 fmoui Accord 8 f»wW* M Ahrenkw) 14 foon Sun AppertsMp S Froti 16 Astro 3 WUnh Austral 9 M Av«nt 6 CL 4 Btang Mas 8 13 KA 7 <*<*** ITl K Glory**
      337 words
    • Article
      SHIPPING GUIDE
      18200 38 THEBUSINESSTIMES EXPORT CTA ETA ABvartMar VnM Voyaga T Mohan* tTA HA A4*artbar Vaooal Voyaga T|I|»|«| SIN Doom WW Ww— Huwby Ngj!g_ To BRISBANE (BNE) 2058 A Queensland, Australia lb ABIDJAN IABJ) 2003 01/1 r/i anl p o ncol brisbanc 02s u-zmru Ivory Coast, Cota D'lvolre m m w
      18,200 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        717 45 vm Voy Ito Btftt An-tvo) Poartwi Am|M Ma In worn JO) Hiiipili 04.11/2300 Vn noo*r m HI. mil otn/noo MM* Jtt M«M OT.WOTOO MJn B JO* «M«B* 12 WOO ■akin VfJ M awnni oitvoooo »iiiw n.01 jot mm ouvbm M> J307 JO* MllM V.D/2M am l jt7 iimim
        717 words
      • Article
        CONTAINER SCHEDULES
        1525 45 RECEIVING OF EXPORT FCi CONTAINERS AND LCL CARGO ■Mfctaf/MMM Ittlt SMp Voy Mo Ett/itr fm*4 frm To fw taSMK 3004 M/0700 u 04/1500 44/W9 04/1900 04,roc otftm MMM U 44/1700 V«H 07/010C 2* 04/HOC 3"0451 0"0*0c 07*700 OT/m 0' HOC 4 07/1200 07/M99 07/1700 «fcato* ooim n/no a
        1,525 words
      • Article
        GLOBAL HOLIDAY
        153 45 M«* 7 Bangladesh, Russia, Tunisia, Ukraine Mot 8 Ukraine Mot* Spain (Madrid) Mot 10 France, Panama Mot II Angola Belgium: Remembrance Day. Canada: Remembrance Day. France: Anistice Day. United States (banks, govt offices) Veteran's Day. Mot IS India Taiwan Dr. Sun Yat Sen's Birthday. MotM Iran, Jordan, Sri
        153 words
      • Article
        COCKETT BUNKER MARKET REPORT
        824 45 THIS report, compiled by Cockett Marine OH Lid. (how* price nni« In US dollar* In stead at tingle price* tor a man comprehensive description at the market Price* ahown are baaed on sveragetlsed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the
        824 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        327 45 CvtM MO Max 9924 1.0 17J 0.10 55 0.04 »—*T mm »mMm Art Umrnm 5«—I NortoME25 1 0 3 0 0 0 «B *0 *5.9 0 J 04 0.07 33 042 tmm 300 Ha 9944 0.1 K.7 0.05 0.00 »MI W »rtOM635 4 0 0 0
        327 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Several Asia-Pac airlines in talks with Star Alliance
        675 46  -  Cathay Pacific and Singapore Airlines among these mentioned as potential partners By\ Felix Chan (SINGAPORE] At the rate major airlines in the region are holding talks with the Star Alliance, will there be any left which would not be associated with the
        675 words
      • Article, Illustration
        Lock icon Safe emergency landing for Virgin airliner
        65 46 [LONDON] A Virgin Atlantic Airbus is surrounded by rescue vehicles after it made an emergency landing at Heathrow airport Six of the 114 people on board were taken to hospital after the pilot brought his plane down intact following problems with the main landing
        REUTERS  -  65 words
      • Article
        Air Canada signs deal to buy 8 Airbus planes costing US$1b
        270 46  -  By] Felix Chan [SINGAPORE] Air Canada signed a contract to buy eight widebody jets valued at about US$l billion (511.57 billion) from Europe's Airbus Industrie in its bid to expand its international traffic. Air Canada is purchasing five A330-300s,
        270 words
      • Article
        Lock icon British Airways considering no-frills airline, Ayling admits
        385 46 Confirmation greeted with threat of legal action from Easy Jet Reuters [LONDON] British Airways chief executive Bob Ayling ended weeks of speculation by admitting the giant was considering launching a low-fares airline. BA, the world's biggest airline, said on Wednesday it may set
        Reuters  -  385 words
      • Article
        Lock icon Indian Airlines to lease two planes in bid to retain market share
        218 46 AFP [NEW DELHI] Indian Airlines win lease two passenger jets in a bid to retain part of its shrinking market, an airline official said. S N Reddy, chief of operations of the loss-making national carrier, said it will
        AFP  -  218 words
      • Article
        Lock icon Cathay considers cutting fares
        413 46 HK carrier studying series of measures to woo passengers AFP [HONGKONG] Hongkong airline Cathay Pacific may reduce fares in an attempt to lure back passengers after numbers were hit by the territory's handover and Asia's currency upheavals, reports said yesterday. Tony Tyler, director of Cathay Pacific
        AFP  -  413 words
      • Article, Illustration
        Lock icon French truckers' strike: talks fail to settle dispute
        412 46 Reuters, FT [PARIS] Striking French truckers and their bosses negotiated on wages through last night, making progress but failing to clinch an agreement to end a five-day-old blockade of roads in France. However, after 14 hours of talks at the Transport Ministry,
        Reuters,; FT; REUTERS  -  412 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1293 46 an Fuan cta maw n» amm mm ua mmmwc com tm AMiC $0327 0020 KL044 «29 VN74I 08 W742 0905 0.(37 840 6A9M 2249 WW M IU30 2335 MM ***** 641 7(400 IMS mi 2355 mm tm mm m 011 MOO AT097 WO ATOM 2Q» r,lll<
        1,293 words
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      21 29 French truckers' strike belies anion weakness Strike is hurting trade but it has not received wide support, say labour experts. P»fi2
      21 words
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      Page 29 Advertisements Column 2
      84 29 Several Asia-Pac airlines in talks with Star Alliance Cathay Pacific and Singapore Airlines among those mentioned as potential partners. Back Page I AGENOTS PTE. I PURE NEUTRAL NVOCC TO: 1 USA HONG KONG PUSAN OTHERS I Bbfe I B I I II If H I si II SINGAPORE: MALAYSIA: 11
      84 words
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      1068 30 I MXPQKT I I pfgflEßMKftflyiwT Bhb HPfT flcwwi'-om MWMIWI 1 rasa vnr cms* nosa uoMvatw w mm ok it ■nooair Hi ma lw I |rLMDKIKM«|ncMMA limmmu luiiMnMUKaMain MMMKHMB I*s" WJwWW W W W W W?IwW JJ" J# g5 ga 55 Wn aXi nuuom iibm ij/ii ii/ii a/ii a/11 w/u M/
      1,068 words
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      Page 30 Advertisements Column 2
      529 30 •M Unas 0 uortcci npminlid 1 by Mambara ol ttw RsgMry o» Aooradtod Shipping Agar*. NMkmal Shipping Aaaoc MMntereoftw Sneepoie Fielghl Fomwdes AmcMton. Send out 48,000 copies of your sailing schedules jKSBhB^B around Asia. Place an ad in... Wr ShippingTtmes .hat talk to m._ Iris Lim 740-2044 Jarrod Leong 740-2066
      529 words
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      933 31 TO EUROPE FROM EUROPE I rasa w? sm ral hah mv soli im Ivcsa wr ra mm m sos mm mT MWNUHMH M 47 M/ 11 Xt/11 27/11 M/ 11 M/ 11 MMAMAMi 2437 If/It 21/14 14/1123/11 M/ll WE S4S7 11/11 M/ 12 12/12 M/ 11 MM 4437 M/l« M/
      933 words
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      Page 31 Advertisements Column 2
      1663 31 HANJIN SHIPPING latw/wr |m| m iwma/wr a* m m at ar ra wins a* aa ncmm m m ttz tLmmmn* mm mm a/11 a/11 mm n/n u/n w/n «/n «/n a/11 a/11 ts/ii a/11 w/11 w/11 jj/jj" a/11 muswrnag ii/i» »i/ii m/u M/n m/ii wjn w/n m/n m/ 11 flflt
      1,663 words
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      1133 32 <ir DSR-SENATOR aISb Round the World Container Services TOCTBcmwpanff raoMUTOWTpqifr lm tor m m» mi w w iu m» [*na wrr linn |m w m *m m (mm mm worn an an Si cmtmmn mm tin a a a a wit na a n CMOTMHCMMKt «F7« IMI »11 mil *11
      1,133 words
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      Page 32 Advertisements Column 2
      1123 32 Y AKNjI RfING LJNE V*. MmM W* mi http: //www.ymt-oom.tw liil a ,:o, y o VESSEL *0T UN CM FTTM NAM FXT LEU AM MALACCA BRIDGE A744W 07/11 11/11 29/11 27/11 26/11 01/12 MING ZENITH J745W 13/11 03/12 05/12 06/12 06/12 MING STAR A745W 14A11 18/11 o*l2 04/12 (KVI2 06/12
      1,123 words
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      Page 32 Advertisements Column 3
      450 32 UNKI A TWj small NUt MSU37 vßsa vor m» m «cn vot rm m sroa mmia tram m imam rmjv */n 11/11 iim twuv a/11 11/11 Mtflusr rmw 14/11 u/11 Hmmnrt rm/v 14/1111/11 jmospb vm/17 i«/ii n/11 jnam rm/v 11/11 21/11 tmoum rm/v a/11 a/11 mauarr via/*; a/11 a/11 Irani
      450 words
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      1019 33 huMB. VOY WW IKK IMU |H(8 IHN IKW |M I»* I BBC BUN VAHDAT PJL-1253 04/09 31 A* 07/09 22/09 24/00 MAN VAHDAT PJL-1259 17/10 18/10 18/10 17/10 HAN VAHDAT PJL-120S 17/11 10/11 ***11 *0/11 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARIAIJAN, ARMENIA.
      1,019 words
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      Page 33 Advertisements Column 2
      1937 33 IsSSSSscooSAMn? 1 ruermvMT imiii u*mim onSSotvi^^wosS^jSoKoSar^^^^^^^^^l COST At SHIPPING PTE LTD fi7-MDtsiu>G sales/bus 4MSMI/43 mwaio deft p/o) *****15 COSTAR AGENCIES (M) SDN BID am: *****M011M1 TOWB TWO {OtMOO) COMVUmOMAi 4M515</Si T/SHWTPfW 4ttSttS TE:OM7-15Ml 04HULM-07-ISMI7I W/M* m SM fll MO Mi M WW 9( DC WAUT OS M Ml M HOUM
      1,937 words
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      1069 34 ["seTI ROM ANW HM THP ZEE LHV I LMV TOP RDM ANW HM PKL UP I. RACER RW-010 M/ 11 2S/11 BVII 2VII 01/12 12/12 OJ/12 lE. REME RE-813 10/10 14/10 11/11 IVI 17/11 10/11 11/11 E OKBTT RW-081 11/11 H/12 1«/12 H/12 N/12 H/12 10/12 lE. 6IVEM RE-OM 21/11
      1,069 words
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      Page 34 Advertisements Column 2
      1043 34 VDSa VOTMI SCP MM JM MO MM MM KWI Ml VBSa VOYMf DM JM AM MM IK W I Imcmoob mi-mi* ivii n/ii ani joi tyii vii vii 24/11 mma. wimn 74/10 24/10 27/11 a/10 79/10 it/11 I Immi mhmm an 1 30/11 wii 01/11 «/ii ovii ovi? «vii win
      1,043 words
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      Page 34 Advertisements Column 3
      363 34 rca> NANTAI LINE FULLY CONIAMBMSfD SfltVKf TO MAURITIUS SOUTH AFRICA rasa yor |sm wi m (H MiWWWS P3S It/1) H/ll a/11 0/1? «U»H*6Mi WIS H/ll H/l? M/l? 12/1? HWMWKBS HIS >1/1? 15/1? H/l? awn web oms «y/i? ivi? nm h/i? ggllMl «B IV» W? 31/17 awaiomM m it/11 »/i? p/i)
      363 words
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      637 35 BSA a. l sn?sS l !l^^B r M MYANMA Vgßßk FIVE STAR UNE (Myoaaor NaHoaal Um) L««fa| for Yaofao (Ifiw) VfSSa VOT SM PI6 KM POI SAGAMG a SIB MYOMATOM I*7 MPT OULATSIA ACOTV OOUSTIAD SWUNG AMNCKS ul m ci-o>J4i7ioo rtL m 02-03-*****01 ret m 02-04-*****02 pco; ra 02-07-*****21/4 BANK
      637 words
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      Page 35 Advertisements Column 2
      1065 35 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 |y«sa I VOT I MO i im|im|OOl|HMl|PM|M NT Don JOOW 01/11 20/11 27/11 21/11 21/11 21/11 02/12 HYCOOMMOOtt MOW 10/11 03/12 04/12 00/12 00/12 00/12 01/12 HTPfDOAI NOW 23/11 10/12 11/12 13/12 13/12 13/12 10/12 tnmmu now I 30/11
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      Page 35 Advertisements Column 3
      582 35 FAMOUS CONTAINER LINES ffS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 gjr HOT LIME: 2M1833 (30IUNES) Vti 4 SAILINGS A WEEK TO K S BANGKOK J J AND REGULAR SAILINGS TO CNABANG THAILAND VIANQKOK I 11 f FOR BOOKING £A *****33 contact amy P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH:
      582 words
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      Page 36 Advertisements Column 1
      941 36 AHOKOIC/LAIM OWA>»W> I I VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN DANU BHUM 01SN In Pt 12/11 XETHA BHUM 21SSB In Pt OS/11 OANUBHUM 016NB 06/11 12/11 AWAN BHUM 838 OS/11 11/11 YAKTRA BHUM** 213N OS/11 12/11 13/11 ACX JAD€« OSS 10/11 13/11 K(TI BHUM 27N 09/11
      941 words
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      Page 36 Advertisements Column 2
      582 36 POL INTERNATIONAL »Myfi !»»!■»*»-19 t I I i 9ipn HMHigncn sum/m VSI I WOT I S I «T I9H |K w m s m 1 ijl j—l 14/11 I Mft I 11/11} (H *****1 ttAiKsoe laH I 14/111 HB I u/ii ISw lyii I IWMWItMIAW I SLI mum. in I
      582 words
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      Page 36 Advertisements Column 3
      729 36 a /iccord fk SHIPPING PTE LTD. Til: 56*51 IS (40 lines) FAX: 5****** KMTUMG (U)U7IMI JJM DWCCT ACCESS TH s 50*7555 (EXPORT BOOKING) MSKMMW MUIIW 5**4534 (KXPOCT DOC), 5****** (IMPOST) fSUMC f54)*****4t U«jHTTP://WWW.ACCOM>.CO*LSO JbUUfU |7l)*4##/7» SAA^ HHTT m iiw POtT ITA MM POtT ITA SIM WHTT m SIM (FAR EAST)
      729 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      281 37 INDONESIA NATIONAL LINE TO EUROPE 1 ihm sEs|«nsw amm |«nw nm m/ii own 17a~ TO AUSTRALIA 1 "at no IMa wo "malhe MoaaAoaaaaa|ua|am am| nm rvti|Kn *m| Mtrsnsvwi uaran wnltyn wiiltvn tvn twol wg~ FEEDER SERVICE TO INDONESIA nuß.u»m wi rraal JKT »tr tm urwwwlmuAHMAHW AJBB i Wii JMI Ls
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      Page 37 Advertisements Column 2
      478 37 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Ceci Street, #03-00 PIL Buicfing, Singapore *****0. I CR WO: **********06 grilling jfe. jy I m m#! lIIIIH ililllli I AISO ACOPTW6 W! SUOAM. RASSAWA. ASSAA, ROUUA A HttttA CAMO Wt DJMOVTI I K1 TO IMKR AAfAtA 1 I ni-PoniMß TM TAAATAVI
      478 words
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      Page 37 Advertisements Column 3
      675 37 |¥Ewa» Iwr 69« .»> WDIWIHMW IWTMIthp a i miDtoiMm hum mll a/11 21/11 a»ni ova mm pyti aem MusDtMON raw wii aani aani 07/12 cam Km 11/12 12/12 VLLEDCMMOBA V22W 23/11 OBTI2 08m IVt2 W2 17/12 17/5 W5 raw yia_| una wig ava a*a rim lam mm •<>t<o TO <C<<OM<l<W<
      675 words
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      Page 41 Advertisements Column 1
      372 41 SINO EXPRESS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI \r-JW S (*****7). TEL: *****90 FAX: *****98 VcVW»T M|| TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI CHANG YING 9704 09/lJ IiZU !MJ JINYU 9754 14/11 19/1) 23ZJJ JIN FU 9756 21/11 MJ
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      Page 41 Advertisements Column 2
      247 41 SHANGHAI LAX/IGB/NYC MV "KOtt MUHINA" V.WNOOIS MV "GLOBAL HOUON" V 0441 ETA SIN: 13-11-97 ETA SIN: 10-11-97 j SYPWEY/MEL/BNE/APi AUCKLAND MV "AUSTWAIIA UHHU'HJI VLQ9S MV "HZ SUR" V34S ETA SIN: 15-11 -97 ETA SIN: 16-11 -97 FREMANTLE PUSAN MV "NID JAVA* V 7209 MV -MY HNML* V 3071 ETA SIN:
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      Page 41 Advertisements Column 3
      130 41 |gßlJP|P|P||P||k oCEANOADe 04/11 *»VR<*TVAtWBmnAJK I SOLTA 12/11 F**rVAtw/BmrVU»C*tar SAMM FORTUNE 22/11 Nan/RdrTVAtw/BmrVUK I I* Lxxdi EVW. MMyM. Indonaaia 1 for ■PAN CRYSTAL ■EVA MARIA Dubatf)oha/BahrairVDammarVKuwatt I ■PAN FORTUNE HodaicMVJaddah/Aqaba/Egypt/TrlpaS I HAI AdarVHodakMVJaddah/Aqaba/Egypt ■AKARTHOS OubaVA.DhatotfßahrairVDamnianttu«M« toads Stngapora, E7W. Matoyaia. Indonaaia I Loadbxjfor 1 ■OCEANHOST Loa AngiHa/tH* OrtaanTOwrtaatafV I NorloSt/Camden I Hhanoy
      130 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      1042 42 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****09 (INWARD) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAM 7 SLQS/WEEK 3 SLGS/WEEK I VESSEL Tvo? r» ivtssa. VOY |SX 18UW SMAR JAMA 963 06/11 (SAT) 11/11 (TUE) LUMOSO EXPRESS 996
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      Page 42 Advertisements Column 2
      386 42 NEWARK SHIPPING AGENCIES PTE LTD I 48 -A Campbell Lane, Singapore *****1 s CHTTTAGONG I W BOMBAY a* CALCUTTA J! «-NHAVA SHEVA U COLOMBO A MADRAS P DUBAI/JEBEL ALI 0 TUnCOMN COCHIN E »KARACHI MALDIVES CALL: (65) 294 0949 FAX (66) 294 9396 Atnttftr CONTINENTAL UNESINTL Consolidation to CHINA PQRTS
      386 words
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      Page 42 Advertisements Column 3
      329 42 SIN PAR EAST 09/11 KEELUNG/KAOHSIUNG 09/11 BANGKOK 10/11 manila/cebu 09/11 JAKARTA/BELAWAN/SURABAYA 09/11 PORT KELANG/PENANG/E. MALAYSIA 11/11 BUSAN 09/11 TOKYO/YOKO/KOBE/NGO/OSA 09/11 HONGKONG SIM china (4>B#±«itn) 09/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAIKOU SIN EUROPE/UK 10/11 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 09/11 LOS ANGELES/NEW YORK all IPI points
      329 words
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      Page 42 Advertisements Column 4
      461 42 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY Sm BOM PNG «CL TRADE FAST TFS2OI 00/11 17/11 29/11 01/12 OfUENTCORO 106N 18/11 23/11 06/12 07/12 HAIXIOMQ HX0067 20/11 28/11 10/12 12/12 KOTACAMAYA CAHI97 27/11 00/12 17/12 10/12 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA I VESSEL VOY
      461 words
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      Page 43 Advertisements Column 1
      830 43 1 Iciifa 1 m I iiE I liEl Iffi jig I |f 118 if Ijjj 1 11U.V6a£aPU I »7ia-3 I $6sxsV I MnOVI MbK HbK I 13bK I UKc i 17dec I 18Dec 11 Ibiamtmcmm Ihlfdbii »fuithi. Wbt*. Mfm, tmM (tmht Comm. tdm I feUb Uimllhm*. Lm* ta* Mm ft*
      830 words
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      Page 43 Advertisements Column 2
      1360 43 [mm wwr raumr vm mm ao m |m|— \mm. I ««r[ goal m I hbm| 11 m wm wo no mi iobmim i«; mi mi «7.n an an it.it an miomomm ho an an an 14.11 mil an t PIMM MM M 47 Mil ail 17.11 Kll 25.11 17.11 All
      1,360 words
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      Page 44 Advertisements Column 1
      431 44 I VESSEL TIGER BAY 579N 10-I<yil W-W1 23-24/11 I TIGER WAVE 580N 18-22/11 27-27/11 I TIGER BLAND 581N 18-17/11 21-2 VII 30-01/12 I TIGER BRIDGE SB2N 20-20/11 25-29/11 04-04/12 I TIGER BAY SB3N 23-24/11 2802/12 07-08/12 I TIGER WAVE 584N 27-27/11 02-0«/12 11-11/12 I^ESSEL^^VO^^SW^CA^^SII^i TIGER SPRING 303CN8 OMB/11 14-17/11 23-24/11
      431 words
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      Page 44 Advertisements Column 2
      438 44 FREIGHT UNKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tal: *****66 (60 Unas) Fax: *****33 E-mail: flesin@3ingnet.com.sg CONSOUDJOTON SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 10/11 CAPETOWN 16/11 CHILE ETD SIN DURBAN 16/11 VALPARAISO 12/11 JOHANNESBURG 16/11 GREECE ETD SIN SPAIN ETD SIN P,RAEUS IQ /H VALENCIA/BARCELONA
      438 words
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      Page 44 Advertisements Column 3
      480 44 I K>W IWyyiLPjgJjd as ic»pp«< Di«irpic^n3^T7^-A |»Am»l«d *2144 0) 07*0* MSISMI-m tmmtr (ftS\^V (I HO IIt7S7MOMN UV77W WW MI _W^ir^Flwnwiita«i)w facmms wsayrw* I TO MA Sep I °Mt CMI MB> |TC jmSSTTS |STP lift \un |HE |w Itfioiytat I ii/ii I a/iil ho? n/u I h/h I m/h m/ii la/iillviMrMCK
      480 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      116 45 LEGfND: R Thunderstorm Temperoture c A V Showtr Weother Wind <ftrection with speed in knots ee Rom L/ Cloudy Sky Wov »>•*»* Serf#©. ere «Acet«4 by errowt wfcidt Hy with the wind One ful crde represents cotrn or Kght and vohatoie winds On* half fleche rtprtMnti 3 knots I— One
      116 words
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