The Business Times, 23 August 1995

Microfilm: NL20017
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    11 1 SINGAPORE Business Times V^NOWASIA. Wednesday August 23 1995 MITA(P) 194/12/94 %5*
    11 words
  • Article
    Lock icon Dow up 1.4 points
    69 1 Reuter NEW YORK Stocks were slightly mixed yesterday as Wall Street paid close attention to a key Federal Reserve meeting reviewing interest rate policy. At 2 pm EDT, the Dow Joaes index was up 1.41 points at 4,616.19. In the broader market at 1 pm EDT,
    Reuter  -  69 words
  • Article
    Govt holds back sale of five residential sites till January
    511 1  -  By l Michelle Low SINGAPORE The government is delaying the sale of five residential sites scheduled for this year till next January. Details of the revised 1995 Sales Programme for Residential Sites were announced by the National Development Ministry yesterday.
    511 words
  • Article
    Untitled
    201 1 Stick aartet hicn Teesiey Change ST1I .2.105.67 -0.71 KLSE Comp 1,029.90 7.05 Nikkei 17.877.77 +6.72 Hans Seng 8.947.19 +46.71 SET Index 1,322.40 +6.60 Jakarta Comp 499. II +1.6 Manila Comp 2.801.30 -26.18 Taipei WP1 4.807.21 +33.83 Seoul Comp 917.79 +4.48 Bombay BSE30 .3,441.45 -10.99 CLSA China B 863.60 5.10 Aust
    201 words
  • Article, Illustration
    Lock icon Tiong Bahru estate is maiden site for en-bloc redevelopment
    531 1  -  By Liliang Ang SINGAPORE A sprawling estate of 43-year-old low-rise flats in Tiong Bahru will be the maiden site for the Housing and Development Board's en-bloc redevelopment scheme. The 384 units of 3-room and 4-room flats, housed in 16 blocks on
    Photo by Chris Loh  -  531 words
  • Article
    Lock icon Fed keeps rate unchanged at 5.75%
    180 1 Reuter AFP WASHINGTON As widely expected, the Federal Reserve yesterday left the Federal funds rate unchanged at 5.75 per cent However, most analysts are betting that it is only a matter of time before the central bank eases credit again to give the economy
    Reuter; AFP  -  180 words
  • Article
    Lock icon Coming to a screen near you: Windows 95's midnight fest
    451 1 Countdown to worldwide launch of Microsoft extravaganza Bloomberg Business News REDMOND, Washington Windows' 95 will arrive at stores around the world with more fanfare than a new recording by Michael Jackson or the Rolling Stones. Computer stores will open at
    Bloomberg Business News  -  451 words
  • Article
    Asian stock markets play waiting game
    129 1 SINGAPORE The waiting game continued on regional stock markets yesterday as hesitant investors awaited the outcome of the US Federal Open Market Committee meeting last night In Singapore, the Straits Times Industrials Index eased 0.71 point to 2,105.67 in line with the listless market.
    129 words
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      112 1 Q) BRUNO MAGLI CENTREPOINT 901-30. TEL: 737 4509 BT Online Look m ap at bttjJ/ wwwjatl xtmn/birtlf m This mid-autumn season, we take pleasure in bringing back our exquisite mooncake, the ones which you gave the thumbs-up last year. These delectable mooncake made 1 from our chefs' secret recipe will
      112 words
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      20 1 Regional Analysis: pg 15 US renewed interest in S-E Asia Battle for office suite software market hots up, Pg 19
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      56 1 Hock Lock Siew: pg 17 Telekom should gear up for competition What analysts say GROWTH in the electronics industry is expected to get a stroag boost boo Microsoft's Windows 95 software, which will be laaached tomorrow. What about locally listed technology coasters? Will they also benefit froai the Wiadows 95
      56 words
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      Page 1 Advertisements Column 4
      109 1 Bottom Line: pg 16 Western aid, Western priorities ~'~'fyi -t JT y 4R| j^jJ|JH£^^^^^^^H^BK^^^HflJHppr Incredible? Not If ycra have the Canon Family Copier at home. It's so compact, convenient and fun to use that anybody can make copies from it. Even vour T 5 year old! And, Canon's unique all-in-one
      109 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Electronics led July's export growth
        285 2  -  By Michelle Low ROBUST growth in domestic exports of key electronic components and computer parts and peripherals powered July's 12.6 per cent rise in Singapore's non-oil domestic exports. The Trade Development Board (TDB) said last month's growth was fuelled by exports of disk drives, computer
        Source: TDB  -  285 words
    • Article, Illustration
      Lock icon Apple to pour $40m into Asian R&D
      446 2  -  Part of money comes from NSTB grant announced yesterday By Claire Leow APPLE Computer, Singapore Branch will spend $40 million during the next four years to research and develop products for Asian markets. Part of the money comes from a grant formally awarded
      Photo by Alphomao Chmn of The Straits Times  -  446 words
    • Article
      SIA unit withdraws from duty-free joint venture with DFS
      265 2 SINGAPORE Airlines yesterday announced that its wholly owned subsidiary Singapore Airport Duty-free Emporium Pte Ltd (Sade) has withdrawn from the Sade-DFS Partnership since June 1. The 50:50 partnership with DFS Venture Singapore operated duty-free and other retail outlets at Singapore Changi
      265 words
    • Article
      Boatel case: court reserves judgement
      215 2 A THREE-JUDGE panel yesterday reserved judgement on an appeal by three Punggoi boatel operators against an earlier court decision in their tussle with a lawyer over North Shore Marina. The company last year won the tender for the new boatel site there. The appeal court
      215 words
    • Article
      Eureka forms regional ad agency network with nine partners
      231 3  -  By Michelle Low HOMEGROWN firm Eureka Advertising has tied up with nine other regional outfits to form a pan-Asian agency network that will bring collective billings to US$3OO million (***** million). A holding company, tentatively called Asia Link, will be formed,
      231 words
    • Article
      Oklahoma City officials here to woo investors
      299 3 THE explosion which killed 168 people in Oklahoma City last April shattered the state's reputation for easy-going calm, but two Oklahoma trade representatives visiting Singapore emphasised yesterday that Oklahoma's living environment remains one of the best in the US. "It's a different culture.
      299 words
    • Article
      Lock icon S'pore to host Asean farm trade, food supply meeting
      91 3 AFP ASEAN member states will discuss farm trade in Southeast Asia and measures for a stable supply of food in the region at a meeting in Singapore this week, officials said yesterday. The three-day ministerial meeting, which starts tomorrow, will also
      AFP  -  91 words
    • Article
      SMEs urged to invest in training, plan long-term
      154 3 SMALL and medium-sized enterprises (SMEs) need to plan long-term and invest in staff training to face the challenges of the 21st century. Giving this advice yesterday, Minister for Trade and Industry Yeo Cheow Tong said: "SMEs should find out which companies have
      154 words
    • Article
      Lock icon Judge gives grounds for awards
      557 3 Libel suit against IHT The Straits Times IN ORDERING the International Herald Tribune to pay 5950,000 in libel damages to Singapore's top three leaders, the High Court took into account the position of the three men, the gravity of the allegations against them, and the
      The Straits Times  -  557 words
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      295 2 v f Tpr.9WHHP' ®Wmk Fm2 llilE w- ,> js ■i"'-"\ WiMwffiz .^^Ht > >#£llr -sy.-s r L#&*M. Hm KllllllMßßH^^BWHnßfr li&br*' --?gs- c_ K*^'' >r r>< J t Vf WmM >— r -'""ISMmBßl*~%* Venturing into unchartered territory can UAll till Ilk That's why our more than 500 experienced professionals in Malaysia,
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      241 3 IGUEST HOUSE! I FOR SALE I IEmCSSIONSOFINTERE^ Little Company Guest House Estate Leuia, Blue Mountains, NSW Australia A part of the spectacular Blue Mountains tourist district, this very profitable boutique, resort style property is located only some 90 minutes drive west of the Sydney CBD. The property features: Central guest
      241 words
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      Page 3 Advertisements Column 2
      214 3 I A I 1 At core of every new Jaguar is a fiery spirit. An engine capable Uf\ l\ of delivering unbridled power. Tempered only by a degree of control that delivers a ride as silent and smooth as ice, regardless of the It takes a treacherous bend but never
      214 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Flag burning: Jakarta plays down threat of Aussie goods boycott
      386 4 AFP JAKARTA Indonesia's chief trade minister yesterday played down threats by an importers' association to launch a US$l.5 billion (552.13 billion) boycott of Australian goods in retaliation for burnings of the Indonesian flag last week. Hartarto Sastrosunarto, coordinating Minister for
      AFP  -  386 words
    • Article, Illustration
      Lock icon Roof-top ride
      38 4 Reuter HANOI Two Vietnamese women riding a small boat past submerged bowses near Hanoi's Red River yesterday. The Red River, which flows alongside the Vietnamese capitaL, has flooded hundreds of houses after continuous rains upstream. Reuter
      Reuter  -  38 words
    • Article
      Political delays hold up Thai services reform
      270 4  -  From Alan Boyd in BANGKOK POLITICAL delays are threatening Thailand's commitment to services reforms under the World Trade Organisation, with government officials warning that legislation may come too late to meet implementation targets. The collapse of the Chuan government in May scuttled plans
      270 words
    • Article
      Lock icon Telecom Asia and TT & T deals get thumbs-down from Thai Cabinet
      284 4 Telecom Asia and TT T deals get thumbs-down from Thai Cabinet Business Day BANGKOK The Thai Cabinet has rejected a proposal to award contracts to Telecom sia (TA) and Thai Telephone and Telecommunication (TT&T) to install 1.1 million telephones lines nationwide, and instructed the Ministry of Transport and Communications to
      Business Day  -  284 words
    • Article
      Lock icon ADB nod for US$ 150m Manila loan
      75 4 AFP MANILA The Asian Development Bank (ADB) yesterday announced it had approved a US$l5O million (SS2I3 million) loan to be used in supporting the Philippine government's Capital Markets Development Programme. The loan will be disbursed in two tranches of US$75 million each, the
      AFP  -  75 words
    • Article
      Lock icon EU to keep Philippines's GSP status
      68 4 AFP MANILA The Philippines is one of only two Asean nations to retain trade privileges with the European Union under the new Generalised System of Preference (GSP), it was announced here yesterday. Trade Undersecretary Cesar Bautista said the low level of economic development allowed
      AFP  -  68 words
    • Article
      Lock icon Manila rice prices seen falling
      92 4 Reuter MANILA Agriculture Secretary Roberto Sebastian said yesterday the price of rice should stabilise soon as imports and supplies of the staple reach retail markets. Prices have shot up to as high as 27 pesos (55!.49) a kg in the past week from 15 pesos
      Reuter  -  92 words
    • Article
      Lock icon Keating for closer Asean trade ties
      93 4 AP CANBERRA Prime Minister Paul Keating said yesterday he wanted to see stronger commercial links between the South-east Asian economies and Australia and New Zealand, possibly through a free trade agreement. He made the comments after meeting Philippine President Fidel Ramos, who was promoting
      AP  -  93 words
    • Article
      Lock icon Manila to finalise IMF programme
      44 4 AFP MANILA Finance Secretary Roberto De Ocampo will visit Washington for discussions to finalise an International Monetary Fund (IMF) programme for the Philippines, a finance department statement said here yesterday. Mr De Ocampo will leave for Washington today. AFP
      AFP  -  44 words
    • Article
      Lock icon Hanoi office buildings: world class rent, but no demand
      209 4 NYT HANOI New office buildings in the capital of communist Vietnam are commanding some of the highest rents in the world. Don't blame prospective tenants for pushing up prices, though. Rents in Hanoi's new office buildings are pricier than those in
      NYT  -  209 words
    • Article
      Lock icon KL construction board wants all cement imports certified
      304 4 MBT KUALA LUMPUR The Construction Industry Development Board (CIDB) wants all imported cement to undergo mandatory inspection and certification by the Standard and Industrial Research Institute of Malaysia (Sirim) before it is sold locally. The board, launched last year under an Act
      MBT  -  304 words
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      352 4 HSBC Holdings pic UjjjS Interim Results Comment by Sir William Purves, 30 June 1995 Half-year to 30 June 1995 30 June 1994 HSBC Group Chairman ussm £m £m The 19 per cent increase in our pre--2,760 Profit before tax 1,737 1,461 f .w tax P ro fi t aru 2°
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      139 5 It t CENTRAL BUSINESS DISTRICT. f WITH UP TO 18,000 SQ. FT. OF COLUMN FREE OFFICE SPACE ON EVERY FLOOR, AND PANORAMIC VIEWS IN EVERY DIRECTION, NO OTHER BUILDING IN THE CENTRAL BUSINESS DISTRICT OFFERS YOU THIS MUCH ROOM TO EXPAND. YOUR COMPANY. OR YOUR HORIZONS. PRIME OFFICE SPACE TO
      139 words
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  • CHINA/ HONGKONG/ TAIWAN
    • CHINA WATCH
      • Article
        Lock icon 88% of HK re-exports from China
        77 6 Reuter HONGKONG China accounted for HK5454.4 billion (5582.5 billion), or 88 per cent, of Hongkong's total re-exports in value terms in the first half of 1995, Census and Statistics department figures showed. Re-exports accounted for 83 per cent of the value of Hongkong's total
        Reuter  -  77 words
      • Article
        Lock icon Shanghai withdraws privileges
        63 6 AFP SHANGHAI Shanghai authorities have withdrawn privileges, including tax breaks, from 150 joint venture companies which failed to meet the requirements, Xinhua News Agency reported yesterday. The report said that apart from tax breaks and preferential treatment on land use, "honorific titles" such as "advanced technology enterprise"
        AFP  -  63 words
      • Article
        Lock icon China is tops with S Korean investors
        84 6 AFP SEOUL China has become the most popular country for South Korean investors, absorbing 16 per cent of total investment abroad, a government tally showed yesterday. By the end of March, South Korean businesses had invested a total of US$l.2 billion (S$ 1.71
        AFP  -  84 words
    • Article
      Lock icon Taiwan package signals govt backing for market
      350 6 Reuter TAIPEI Taiwan's brokers yesterday said the finance ministry's stocks-boosting package showed the government's strong will to back the market, but added that the move is expected to flounder over election uncertainties and tensions with China. "It's another strong signal saying the government
      Reuter  -  350 words
    • Article
      Lock icon Chinese firms continue to break ban on hazardous waste imports
      250 6 AFP BEIJING Chinese companies are continuing to ignore a 1991 regulation banning the import of hazardous waste and requiring permission to bring recyclable materials into the country, the China Daily said yesterday. Three cases of illegal imports of waste were
      AFP  -  250 words
    • Article, Illustration
      Lock icon Taiwan's Lee tells China: stop intimidating us
      302 6 Reuter AP TAIPEI President Lee Teng-hui yesterday told China to stop intimidating Taiwan and enhance the istamd*s"flWßta tional status in defiance of China's diplomatic blockade. Mr Lee was addressing a two-day congress of his ruling Nationalist Party, at which he was expected to
      Reuter; AP  -  302 words
    • Article
      China aims to keep growth at around 8%
      350 9  -  From Teh Hooi Ling in BEIDAIHE, HEBEI CHINA will continue to keep a lid on its economy in its next five-year plan, aiming to keep economic growth at about 8 per cent a year, Chinese leaders told a Singapore delegation led by
      350 words
    • Article
      Lock icon Foreign banks may deal in renminbi in Pudong
      121 9 Bloomberg Business News SHANGHAI China plans to sclcct "some foreign banks" in Shanghai's Pudong district to become the first foreign banks in the country to deal in renminbi, the official China Daily reported yesterday. Shanghai Mayor Xu Kuangdi made the announcement to
      Bloomberg Business News  -  121 words
    • Article
      Lock icon Sex abuse insurance a hit with Chinese women
      258 9 Reuter BEIJING A north China insurance firm is doing brisk business in an unprecedented scheme to insure women against kidnapping, sexual discrimination and other violations, executives said yesterday. More than 10,000 women have bought policies since the Shenyang city branch of stateowned
      Reuter  -  258 words
    • Article
      Lock icon 47m new jobs in China, but unemployment still serious
      183 9 AP BEIJING China created 47 million non-farm jobs over the past five years but still faces a serious employment problem because of its fast-growing population, an official newspaper said yesterday. The number of urban residents with jobs reached 614.7 million by
      AP  -  183 words
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      Page 6 Advertisements Column 1
      229 6 LAGUNA by RENAULT a total new sensation in driving i.y r f ill- v --3® jife Jf Vm 2 2.0 litre Step into a new Renault Laguna Rear sun-blind 4-speed 3 utotoox 60-40 solit sMt with sports mode to experience a whole new driving sensation. Centre arm rest Multi-point With
      229 words
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      Page 6 Advertisements Column 2
      27 6 M //INDUSTRIAL ■P Cheong 1 lock C hve Baillieu II WjjLm 16 KallliN Qiiii\, #29-01 llmiy I.cony Ituilriini: H 000 Sinniipori'olo4. I ;i\: 224 5543 1 OOv
      27 words
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      25 7 NEED TICKETS FOR TONIGHT'S BULLS GAME IN CHICAGO? «HP' Jk^*^ @IT'S WHO YOU KNOW. ■BHa^ jf --:'-I^'> > v>l3, H^l^H ir r"?' -< 'S v v.SIS 11
      25 words
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      66 8 InVTId^nTVI IHIII IJIIiJI 111 ll■■l■kl I U m I I IFAIM 111 I hAI m —4 pnwwnvi |fl I ■■■■ipll ment s P ecifical| y designed to help BIIIK you take full advantage of Asia's My^fpi 18 1 Z sji iHhhU|||| flourishin economies N ther SSIH 111 MB jfcij B
      66 words
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      60 9 SOLID INVESTMENT 575-597 Pacific Highway, St Leonards NSW Australia A fully leased landmark building Extensively refurbished in 1991 Excellent income mix retail, office signage Net income $548,000 pa (approx) Contact: Jim Williams or David Ling 451t0 Floors, Shell Tower, 50 Raffles Place, Singapore 0104 5 Tel: (65) 220 3888 Fax:
      60 words
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      79 9 Why confine yourself when you con afford to stretch out in your own suite. After the c~/ M street hustle, you deserve the space and comfort of the all-suites Sol Chancery Saigon. CJnCery boigon Sol Chancery Saigon. 196 Nguyen Thi Minh Khai Streel. Distnct 3. Ho Chi Minh Cily, Vietnam.
      79 words
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  • ASIA
    • Article, Illustration
      Lock icon Weak yen: Japan to continue macro-economic measures
      370 10 Reuter TOKYO Japan will continue to place importance on carrying out macro-economic measures amid the yen's current weak trend, Finance Minister Masayoshi Takemura told a news conference. Mr Takemura said that although the yen is weakening and stocks are strengthening, the economy is
      Reuter  -  370 words
    • Article
      NZ watchdog to probe NZ$ 4m land rights debacle
      232 10  -  Fran Mike Simms in AUCKLAND NEW ZEALAND'S top financial watchdog will be asked to investigate a land rights debacle which cost the government close to NZ$4 million (553.7 million). But Prime Minister Jim Bolger is resisting calls for the sacking of
      232 words
    • Article
      Aussies' Asian infrastructure gap
      331 10  -  Companies missing out on boom, says ADB official Fran Surinder Singh in SYDNEY NOT only is Australia missing out on investment opportunities in Asia, it is also missing out on the region's huge investment boom in infrastructure. This is the view of Australia's executive director at
      331 words
    • Article, Illustration
      Lock icon Reforms transforming India, says Thatcher
      248 10 Reuter BANGALORE Reforms are transforming and regenerating India's economy but it must nurture the spirit of enterprise to realise its vast potential, former British prime minister Margaret Thatcher said. "The achievements have been terrific. You should be shouting about them from the rooftops," Mrs Thatcher
      Reuter  -  248 words
    • Article
      Lock icon S Korean regulators probe share fraud
      92 10 Bloomberg Business News SEOUL The recent murder of a securities firm manager has prompted South Korean regulators to step up investigations into widespread irregularities in stock trading, the regulators and analysts said yesterday. Police arrested two KFB Securities Co managers on charges of fatally
      Bloomberg Business News  -  92 words
    • Article
      Lock icon Laos offers to sell more power to Thais
      99 10 AFP BANGKOK Laos has offered to sell Thailand an additional 2,500 megawatts of electricity, a Thai official said yesterday. The offer was made on Monday by Laotian ambassador Bounkeut Sangsomsak during a courtesy call on cabinet minister Rakkiat Sukthana, said the official
      AFP  -  99 words
    • Article
      Lock icon Aussie current account deficit seen falling
      97 10 Bloomberg Business News CANBERRA A senior government minister yesterday said he expects the current account deficit to narrow from record highs as the nation recovers from drought and as capital imports by businesses slow. Australian Industry Minister Peter Cook told the Senate the government
      Bloomberg Business News  -  97 words
    • Article
      Lock icon Australian retailers gear up for boom in sales of computers
      217 10 Reuter SYDNEY Australia is preparing for robust growth in the sales of computers and related products over the next few years, retailers said yesterday. They are confident of the sales surge despite the country having the second highest penetration rate
      Reuter  -  217 words
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      589 10 THE HUMAN SIDE OF QUALITY Quality creates self-esteem—Self-esteem is the basis of quality Alariag fcr the Quality Awards!!! This is a seminar not to be missed by those committed towards understanding the Human Side of Quality—the prerequisite lor total quality development within an organisation. Learn how to improve the quality
      589 words
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      129 10 SUSHI BAR PROMOTION Eat-As-Much-As-You-Like $38 Per Person W <1 MAOURO (Tuna) 1 HAMACMI (Yellow Tail) SAKE (Salmon) SUZUKI (Sea Bass) ika (Cuttlefish) TAKO (Octopus) AOYAQI (Round Clam) AKAOAI (Ark Shell) EBI (Prawn) TOBIKO (Flying Fish Roe) UriAQI TEMAKI CALIFORNIA (Avocado W A7so inclusive of QARDEH FRESH SALAD, SOUr and MACHA
      129 words
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  • FOCUS
    • Article, Illustration
      Renminbi looks set to remain strong
      1239 11 The prospects for China's currency CHINA'S currency, the renminbi, has shown considerable robustness over the past 18 months. It now stands at around 8.3 renminbi to US$l a 5 per cent appreciation against the dollar since January 1994, when China unified its twin exchange
      1,239 words
    • Article
      Full convertibility: the question is when
      403 11 WHEN will the renminbi become fully convertible? Nobody knows, probably not even the Chinese authorities. Various dates have been mentioned, but it has become clear no specific timetable exists. In early 1993, China announced it would make the renminbi convertible in 10 years. Then
      403 words
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      24 11 E These articles are reprinted from the July 24 issue of Business China, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd
      24 words
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      Page 11 Advertisements Column 2
      344 11 For Sale by Public Tender 100% of the issued units in the Pennant Property Trust N0.2 whose sole property asset is The Durack Centre 263 Adelaide Terrace Perth West ern Australia Situated at one of the !4RKVIVfM busiest junctions in the Perth US^XsJUL^ifsJ Central Business District, this award winning building
      344 words
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      290 12 HiEl i i I wi l lll -f JH where to wine, dine and entertain WORLD'S LARGEST SELLING B6ER JK S C i r-HCTHMSCitOiPWimWCiiP-OiitfMMiii El3v u njiu «WUv Just spend $500 and above wtihin 6 months of any of our ouried to qualify tor our gold card membership. Mm msa
      290 words
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      Page 12 Advertisements Column 2
      298 12 Drop by tonight aftd watch Otfir dynamic new tend ACE OF HEARTS-ittattion From 7pm lam, *Mon to Thur; 7pm 2am, Fri, Sat It eve of public holidays. At the MISCHIEF 'Karaoke with our Of on Sundays MiscHfef 0 k BOULEVARD HOTEL, 200 Orchard Boatevird Sappoi 1024 Tit 7J***** V ck
      298 words
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      Page 12 Advertisements Column 3
      280 12 "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese all-time favourites performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm to 8 pm, with one for one standard drinks. Club 5. Its the place for good old fashion fun. E
      280 words
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      Page 12 Advertisements Column 4
      217 12 Where can we bring the for dinner? Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea breeze at the same time! IF£F£ seafood restaurant Offers more than iust live sgafondf 920 East Coast Parkway, Singapore 1544.
      217 words
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      Page 12 Advertisements Column 5
      267 12 S. 41 Heavenly Mooncakes at Mandarin Singapore From 6th August till 9th September Savour this year's divine creation, the Shandong Mooncake. Traditional favourites like our famous Golden Ingots, snow skin mooncake and 7 stars with white lotus paste are also available. Win lots of valuable prizes in our Grand Lucky
      267 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon China's new split personality
      1302 13  -  Divorce rates are soaring as the country undergoes profound societal changes. Seth Faison reports Seth Faison NYT For centuries, ordinary Chinese have greeted each other on the street with a question that reflected the nation's primary concern: "Chile ma?" or "Have you eaten?" Now, according to
      NYT  -  1,302 words
    • Article, Illustration
      Lock icon Tee-off surprise for birthday boy Clinton
      336 13 AP AP Reuter HILLARY RODHAM CLINTON insisted that US President Bill Clinton play golf one more time on Monday so she could spring a final birthday surprise. And when Clinton walked onto the first tee against the signature silhouette of the Grand Teton peaks
      AP; Reuter; — Reuter  -  336 words
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      56 13 m OUR CHINA TOUR PACKAGES W a COME WITH RADICAL REFORMS f| Total Flexibility Incredible Variety Unbeatable Value 169 4D/3N S$ 476 30 Kunming 4D/3N S$ 391 Wsl Beijing/Shanghai 6D/5N S$ 1,041 lS| lrff S Domestic transport All prices Jo not include international airfares. fiffi fcg 2 PACKAGE HOLIDAYS FOR
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1205 13 Great Wonders of the World. some of the most memorable > '.If J, L sites in the world. This series <?' won an Emmy award for cine- Jfc t arc the Coloseum in Rome and Meet the Real Penguins, 9pm, tuxedo-clad quirky glory. From the the Equator to the penguins
      1,205 words
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  • Article
    Ensuring more good years
    483 14 PRIME Minister Goh Chok Tong's National Day Rally speech was a timely reminder that while membership has its privileges, the fees can be prohibitive. It's all well and good to be accorded "developed country" status, as Singapore will from next year. But the reality is that
    483 words
  • Article
    The price must be right
    269 14 THE government's new executive condominium scheme, announced in the Prime Minister's National Day rally speech with details expected next week, is a neat move which will relieve pent-up demand for better HDB homes. The scheme could also help underpin the private condominium market, which has
    269 words
  • Article
    Polluters are not paying
    144 14 IN JULY, local magistrates courts heard 48 cases brought by the Environmental Protection Department. Sixteen companies were convicted of water pollution offences, there were 13 convictions for air pollution, and 11 companies had breached noise control laws. The rest were fined under the Water Disposal and
    144 words
  • Article
    Right step towards excellence
    137 14 AS MOST developing countries have realised, education is a platform for social climbing and a highly remunerative investment as well. Setting up the National Higher Education Council to oversee all matters pertaining to higher education and to safeguard its standards is another important step towards establishing
    137 words
  • Article
    Muslims come of age
    187 14 OF LATE, there has been a flurry of reports on the coming of age of Muslims in the region, particularly in the implementing of Islamic economic management. The level of aflluence of Muslims is a direct result of economic advancement of countries in the region. The
    187 words
  • Article
    Kudos for housing policy
    159 14 PRIME MINISTER Goh Chok Tong spoke on a range of issues at his fifth National Day Rally, the most noteworthy of which concerns the building of "executive condominiums". This new housing concept provides yet another choice for Singaporeans hoping to upgrade their homes. It also helps
    159 words
  • Article
    Still in Leninist dark ages
    155 14 THE jailing last week of two Vietnamese-bom Americans and several leading dissident Buddhists suggests Hanoi's re-entry into the global community last month has done little to sensitise the ruling party to international standards of human rights. The defendants were persecuted for their peaceful expression of
    155 words
  • Article, Illustration
    Lock icon HK loses feel-good factor
    1088 14  -  Confidence hit by falling incomes and unease over 1997, reports Simon Holberton Simon Holberton FT THE smart shop windows in Hongkong's central district continue to offer "final reductions", but the shoppers walk on by. Restaurant reservations, once a necessity, are no longer needed. With Hongkong's return
    FT  -  1,088 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      475 14 CWT DISTRIBUTION LIMITED Announcement Interim Results The Directors of CWT Distribution Limited wish to make the following announcement: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1995 GROUP COMPANY Half Year Half Year Half Year Half Year Ended Ended Ended Ended 30.06.95 30.06.94 30.06.95 30.06.94 SS'OOO SS'OOO SS'OOO ss*ooo
      475 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      68 14 I F.Gufie. »f i stry Heße. LoUG (P#£.yOU SLej£.PmJG\ y CNOOGH OJILL COME OVtEJ? I s^" PftPTtCULfNg DOOftUPiV? I HCTTMiHG>.-' I < amocutto WW»*>IW>LTD, WMH 9 POONESBURY GARRY TRUDEAU SUf&'TOBAOfcA SOUTHERN HBH—PHBUHH TO IT, SHALL r< SMOKJN6 tS$U£, BUT YOUVB ALRBAP/ M HSY, WR£\ A I NOt! I cumsAK mvttenoffvesoumnw.
      68 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      US signals renewed interest in S-E Asia
      1188 15  -  How Washington manages relationship with China critical to region's security CARL THAYER CARL THAYER The writer is head. Department of Politics, Australian Defence Force Academy, and director of the Regional Security Studies Programme at the Australian Defence Studies Centre, Canberra Special to BT
      1,188 words
    • Article, Illustration
      Lock icon Timely Cold War warning
      940 15  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's regional analysis editor ARE WE moving from one Cold War to another? Possibly, according to Singapore Prime Minister Goh Chok Tong, in an ominous prediction that reflects a region-wide concern over the current clashes between the
      Reuter  -  940 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      164 15 LAX NO WORKSHOP BILLS FOR 3 YEARS! wM |J ..ill <•- T/ pgM&L 'ts m I We are so confident of this VW engineered glass sunroof for those bright days and car that we're offering you completely rear spoiler for great style. 'free maintenance' for 3 years! Yes, no more
      164 words
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  • Article
    Lock icon IMF calls for tighter govt controls over financial deals
    408 16 AP Washington citing cases of banking disasters in jhe United States and Singapore, a report by the International Monetary Fund urges tighter government controls per financial deals. Problems with banks in Japan and Fiance also warranted more government intervention, kid the
    AP  -  408 words
  • Article, Illustration
    Lock icon A picture of progress for some
    64 16 AFP KIEV A weary ama taking a break from carrying his shopping ban hare on Siiay in front of a government pooler that says "Privatisation is the first step to wealth**. The government b nrging Ukrnininns to nse their private savings saw—ting to 10
    AFP  -  64 words
  • Article
    Lock icon Buba seen unlikely to cut rate despite M 3 surprise
    314 16 Reuter fRANKFURT A surprise contraction in German M 3 money supply increases the chances for a German rate cut, analysts said, but most still believed that the Bundesbank would hold its 4 per cent discount rate steady this week. The
    Reuter  -  314 words
  • Article
    Lock icon Apec to set target year for tariff moves: paper
    221 16 AFP TOKYO The member countries of the Asia-Pacific Economic Cooperation (Apec) forum are expected to agree in November to set a target year for unifying and simplifying tariff procedures, a report said here yesterday. The agreement will be formalised at a
    AFP  -  221 words
  • Article
    Lock icon Health benefits a potent Issue for Bonn politicians
    80 16 UPI BONN A proposal to cut sickness benefits for German employees is becoming a political issue as pressure grows to lower German manufacturing costs in the face of low-wage competition from South-east Asia. Opposition leader Rudolf Scharping, chairman of the Social Democratic
    UPI  -  80 words
  • Article
    Lock icon Cigarette libel suits settled
    73 16 Reuter NEW YORK Two of the world's biggest cigarette makers said on Monday they had settled multi-billion-dollar libel suits against ABC-TV for a 1994 broadcast alleging the companies manipulated the amount of nicotine in cigarettes to keep smokers addicted. The suits, filed by Philip Morris and
    Reuter  -  73 words
  • Article, Illustration
    With Western aid comes Western priorities
    704 16  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BTs Tokyo correspondent TWO recent events have highlighted the continuing muddle over the provision of developing-country infrastructures since the sector became an ideological football to be kicked around by just about any financial, developmental
    704 words
  • Article
    Lock icon Japan, US to sign car accord today
    207 16 AP TOKYO The Cabinet of Prime Minister of Tomiichi Murayama yesterday approved an agreement with the US government aimed at further opening Japan's car and car puts market to foreign participation. Trade officials from both countries will sign the agreement today in Washington,
    AP  -  207 words
  • Article
    Lock icon India's opposition wants CNN out
    209 16 UPI NEW DELHI Opposition parties in India yesterday demanded the cancellation of a recent agreement between USbased Cable News Network (CNN) and the country's staterun Doordarshan Television. Last month, the Indian government approved the CNNDoordarshan tie-up, allowing a foreign broadcaster on Indian airwaves for the
    UPI  -  209 words
  • Article
    Lock icon Ford moves into China
    54 16 Reuter SHENZHEN, China Ford Motor Co said yesterday it would pay US$4O million (SSS6 million) for a 20 per cent stake in China's Jiangting Motors Corp, a stateowned truckmaker. Ford said most of the investment would go into expanding Jianghng Motors' production capacity to 110,000 vehicles
    Reuter  -  54 words
  • Article
    Lock icon No-show by Yeltsin
    66 16 Reuter ZHUKOVSKY, Russia President Boris Yeltsin failed to show up to open an international air-show near Moaoow yesterday, leaving his staff facing awkward questions about his whereabouts. Officials from the presidential press service, which invited reporters to the high-pro-file event and put them through stringent security checks,
    Reuter  -  66 words
  • Article
    Lock icon Bug smugglers caught
    66 16 AP NEW YORK The nation's largest chain of spy shops and three of its executives have been chaiged with smuggling illegal bugging and wiretapping devices into the country. Spy Factory Inc sold more than US$l.5 million (SS2.I million) worth of the devices, such as calculators and power
    AP  -  66 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      164 16 Ifaopwyial I ArfwM Oder Fir &spre, Chin k Vtaa I I.' x *'i Montre Royale, undoubtedly the symbol of pure class. Question is, who carries this symbol? UK gold. Diamond Kt bod and full pave dial wick 12 Rabid (4636G) Cortina, naturally. Cortina Watch Centre Home To The World's Most
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      Page 16 Advertisements Column 2
      14 16 IpBB COMPAQ. I I MCRO Consumer Products Centre I J #04-40 Funan Centre I
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  • COMPANIES & MARKETS
    • Article
      Downside seen for S'pore technology stocks after Windows 95 fever
      455 17  -  By David Mok SINGAPORE Growth in the electronics industry is expected to get a strong boost from Microsoft's Windows 95 software, which will be launched tomorrow, but locally listed technology counters appear likely to cool off in the coming months,
      455 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 17 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Barings, Credit Lyonnais Securities, Daiwa. Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co, Nomura, Phillip, Smith New Court, W Carr and SG
        51 words
      • Article, Illustration
        HOT STOCK
        92 17  -  By ***** Taneja AT 69 cents, Chevalier Singapore Holdings is very near its high of 71.5 cents, and with daily RSI and stochastics substantially overbought, this is a good time to sell. Given the strong volume, the stock may experience a period of consolidation, though a fall in
        92 words
    • Article
      UIC, Sing Land post better turnovers and earnings
      416 17  -  By Lee Han Shin SINGAPORE United Industrial Corporation (UIC) and its listed subsidiary Singapore Land yesterday reported a 19 and 4 per cent rise in their interim net earnings to $30.36 million and $40 million respectively. Both figures were well within expectations,
      416 words
    • Article
      Robinsons' profit up just 2.3%
      411 17  -  By Jenny Lam ROBINSON Company, the last listed retailer to announce its full-year results, yesterday reported poorer-than-expec-ted earnings for the 12 months to June 30. Net profit rose just 2.3 per cent to $28.39 million, contrary to analysts' general expectation of a 6 per cent
      411 words
    • Article
      CWT profit flat despite 25% rise in turnover
      242 17 SINGAPORE Singapore's largest private warehouse operator, CWT Distribution, yesterday reported flat net earnings for the half-year to June 30. Net profit was just 3 per cent higher at $3.38 million on a 25 per cent rise in turnover to $36.4 million. CWT
      242 words
    • Article
      Telekom should gear up for competition despite possible industry shakeout
      667 17  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE The overwhelming response to a US$5OO million (SS7IO million) bond issue and recent moves by the Malaysian government to curb excessive competition in an overcrowded market must come as music to the
      667 words
    • Article
      Rothschild's local arm to launch more unit trusts
      306 17  -  By Conrad Raj ROTHSCHILD Asset Management (Singapore) plans to launch more unit trusts in the next few years, including one that will enable investors to use savings from the Central Provident Fund. This was disclosed at a news conference yesterday after the
      306 words
    • COMPANIES
      • Article
        Salomon committed to S'pore despite resignations, says chief
        432 18  -  By Donald Turner SINGAPORE Salornon Brothers' Asia-Pacific chair- man William Phillips said yesterday the US investment bank remained committed to Singapore and the region de- spite a spate of senior-level "/resignations. Salomon's head of Southeast Asian research, Bruce Rolph, joined the exodus
        432 words
      • Article
        MUI unit defends its plan to become major property player
        460 18  -  From Ho Kay Tat "MUI Properties Bhd, the reconstituted property arm of Malayan United Industries Bhd, is not too wary about its plan to become a major property player at what could be the tail end of Malaysia's property boom.
        460 words
      • Article
        Lock icon Westmont signs Indian power barge MOU
        167 18 MBT KUALA LUMPUR Westmont Industries Bhd, as part of its plans to expand further into the power industry, has signed a memorandum of understanding with Orissa State Government of India to set up two units of combined cycle power barges, said managing director Joseph
        MBT  -  167 words
      • Article
        ST E&E hoists interim earnings 17.5%
        176 18 Earnings INSIGHT ST ELECTRONIC Engineering's order book rose 6 per cent to $234 million in the six months to June 30 and the group is optimistic about its prospects. It reported a respectable 17.5 per cent rise in interim earnings yesterday to $2.29 million
        176 words
      • Article, Illustration
        Mixed results from Keppel Philippine units
        231 18 SINGAPORE Keppel Corp's three listed units in the Philippines yesterday recorded a mixed performance for the first half of 1995. The three units are Keppel Philippines Holdings, Kepphil Shipyard and Cebu Shipyard Engineering Works. Keppel Philippines' interim group net profits slid by 1 per
        231 words
      • Article
        Meiban Plastic's profit up
        56 18 SINGAPORE Sesdaq-listed Meiban Plastic posted a 12 per cent rise in group after-tax operating profit to $953,000 for the half year to June 30. Group turnover surged 42 per cent to $10.6 million over the 1994 period. Earnings per share fell from 2 cents to 1.5
        56 words
      • Article
        Powermatic, Compact reply to SES
        62 18 SINGAPORE Replying to a Stock Exchange of Singapore query, Powermatic Data Systems said it was not aware of any price-sensitive information that had not been released that would impact on price or turnover. Compact Metal Industries also replied to an SES query, saying it did
        62 words
      • Article
        Hitachi Zosen ups stake in Shen Sing
        37 18 SINGAPORE Hitachi Zosen unit Cosmos Marine Services has bought more shares in Shen Sing Marine Services for $150,000, raising Hitachi Zosen's stake from 55 per cent to 85 per cent.
        37 words
      • Article
        Econ sells stake in Dragon Properties
        63 18 SINGAPORE Econ International said its unit Econ Vietnam Investments had sold off its 19.2 per cent stake in Dragon Properties Asia Ltd for U*****,600 (S$ 1.28 million). Econ had invested in Dragon to develop a joint venture commercial cum residential project in Vietnam. Econ
        63 words
      • Article
        NTA backing of GSI and OUS
        44 18 SINGAPORE General Securities Investments (GSI) said its unaudited consolidated net tangible asset backing per share was $2.26 as at July 31, 1995. Overseas Union Securities (OUS) said its unaudited NTA per $l-share was $3.01 as at July 31.
        44 words
      • Article
        Seksun to invest in China venture
        36 18 SINGAPORE Seksun Precision Engineering said it had agreed with two parties to form a joint venture company here to invest in and manage a metal-stamping joint venture company in China.
        36 words
      • Article
        Lock icon Golden Hope's pre-tax profit surges 66%
        149 18 Bernama KUALA LUMPUR Golden Hope Plantations Bhd's group pre-tax profit jumped 66 per cent to M 5288.11 million (S$ 164.22 million) for the six months ended June 30, 1995, from MS 173.55 million in the corresponding period last year. Group turnover rose to MS
        Bernama  -  149 words
      • Article
        Parkway expects to incur $5.5 m in bond interest
        300 18 SINGAPORE Parkway Holdings is expected to incur $5.5 million in interest expense for the current year from its bond issue, the group said in a circular issued yesterday. The circular detailed the financial effects of Parkway's unsecured bonds and notes issue,
        300 words
      • Article
        Untitled
        584 18 Maaafwi' print Aug 23 Mendaki Gr Fund 1.02 1.05$ ftMm llTnl US Gr Fund 1.10 1.14* The Comnlefrf^^''' 1.35 1.64 UOB ASSCt Mgt LU The Savings Fund I SO 1.59 Lnifund 1.42 1.49 S"pore Prog Fund 0.62 0 66 Unibond 1.06 1.0(3 Spore See Fund 0.92 0.98xd United Gr Fund!
        584 words
      • Article
        One-time Ming Pao chairman may sell majority stake
        432 19  -  From Quak Hiang Whai in HONGKONG THE MAJOR shareholder and controversial former chairman of Ming Pao Enterprise Corp could soon cut his links with the Hongkong-listed newspaper group as the company shares were suspended yesterday amid market talk of a new controlling
        432 words
      • Article, Illustration
        Lock icon Battle for office suite software market hots up
        340 19 Reuter DENVER The release tomorrow of the long-awaited Windows 95 operating system from Microsoft Corp is expected to heat up the battle in the growing "office suite" market, company executives and analysts said. Office suite business software which combines such features as
        Reuter  -  340 words
      • Article
        Lock icon Turner drops plan to buy distributor for Oprah Winfrey show
        366 19 NYT Reuter NEW YORK Turner Broadcasting System said on Monday that its board had decided against buying King World Productions. Turner had been considering an offer of about US$47 a share, or US$l.7 billion (552.42 billion), for King World, which
        NYT; Reuter  -  366 words
      • Article
        Lock icon News Corp posts record US$ lb profit, helped by paper price-war
        526 19 Bloomberg Business News, Reuter SYDNEY Rupert Murdoch's News Corp said fullyear net earnings rose 2.3 per cent to a record US$l.Ol billion (551.44 billion). The main drivers were Fox television and British newspapers which benefited from controversial newspaper price-war
        Bloomberg Business News,; Reuter  -  526 words
      • Article
        Lock icon GM starts odd-lot scheme
        69 19 Reuter NEW YORK General Motors Corp will offer a voluntary odd-lot share reduction programme for all three classes of its common stock. The scheme allows shareholders who own fOver than 100 shares of GM stock to sell their shares back to the company, or purchase more
        Reuter  -  69 words
      • Article
        Lock icon HP fights Compaq price cut
        95 19 Reuter PALO ALTO, California Hewlett-Packard Co, launching a counter offensive against rival Compaq Computer Corp, said on Monday it had cut prices by up to 18 per cent on its Vectra line of desktop computers for the corporate market. HP also said it had introduced
        Reuter  -  95 words
      • Article
        Lock icon China Vanke's profit slips 24%
        75 19 Bloomberg Business News HONGKONG Chinese property and retailing conglomerate China Vanke said its net profit fell 24.9 per cent to 63 million yuan (Sslo million) in the six months ended June 31, down from 83.1 million yuan in the same period the year before. Earnings
        Bloomberg Business News  -  75 words
      • Article
        Lock icon DuPont fined US$ 115m
        98 19 Bloomberg Business News COLUMBUS, Georgia DuPont Co was fined US$ll5 million (S$ 159 million) by aUS District Court judge for concealing evidence in a 1993 trial over alleged harm to plants caused by its Benlate fungicide. Judge J Robert Elliott said DuPont could reduce its fine
        Bloomberg Business News  -  98 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Switzerland's oldest bank sets up shop in S'pore
        489 20  -  By Pad Leo SINGAPORE Switzerland's oldest bank, Bank Leu, opened a local representative and funds management office here yesterday. Bank Leu director Reto Donatsch, in town for the opening ceremony, said the local operation Leu Asset Management Services (Asia) would offer investment
        489 words
      • Article, Illustration
        Lock icon Ringgit breaches 2.50 resistance gainst US$
        391 20 Heavy offshore selling in Singapore weakens Malaysian unit MBT KUALA LUMPUR The Malaysian ringgit broke through the 2.50 resistance level against the US dollar yesterday, largely as a result of heavy offshore activity in Singapore. The immediate-term outlook for the local currency, dealers say,
        MBT; Source: Bloomberg  -  391 words
      • Article
        Rubber dealers report new bounce in business from major buyers
        450 20  -  By Siow Li Sen SINGAPORE Singapore rubber dealers may be getting a second wind as they report increasing business from major buyers/end-users who are more inclined to spread their risks in order to cope with greater volatility in the rubber
        450 words
      • Article
        Largest Thai securities firm raises US$ 44m
        278 20 SINGAPORE Thailand's largest securities firm, Securities One, has raised US$44 million (5562.5 million) from Singapore's offshore market and international capital markets. The three-year transferable loan facility (TLF) to the Thai firm was arranged by Overseas Union Bank, Chemical Securities Asia and Thai Farmers
        278 words
      • Article
        Lock icon Moody's ratings may hit Japan banks
        366 20 Reuter TOKYO Japan's banks could face reduced credit lines and higher premiums from foreign banks after Moody's Investors Service Inc gave them poor ratings for their financial strength, analysts said. "The rating? made it clear that the risks on each Japanese bank were relatively
        Reuter  -  366 words
      • Article
        Asian crude prices fall; Belida nudges Tapis lower
        283 20 SINGAPORE Spot oil prices fell in East Asia as supplies of light, low-sulfur Asian crude continued to outstrip demand. Forward Asian oil prices rose about 10 cents/bbl on concern that unusual Iraqi troop movements could foreshadow a period of instability in the
        283 words
      • Article
        Lock icon LONDON
        194 20 Reuter LONDON The dollar hugged Monday's European closing levels in early dealings, regaining its poise after dipping sharply against the yen in late Tokyo trade. The dollar was battered down to a low of 96.29 yen overnight by a relentless flow of offers from numerous operators adjusting their positions,
        Reuter  -  194 words
      • Article
        Lock icon NEW YORK
        94 20 AFP NEW YORK The dollar, boosted by indications that the Bundesbank could cut interest rates, was up against other major currencies with the exception of the yen in early trading yesterday. At 1400 GMT, the dollar was at 1.4843 marks, against 1.4772 at Monday's dose and at 96.70
        AFP  -  94 words
      • Article, Illustration
        Untitled
        1179 20 Trade-weighed index calculated against S part's top 14 trading partners Base year 1983 cc,9p9,fgc,l0 US$/SS forward rates Noon Aug 22 St M Offer 1-month ***** 1.4223 2-nonih 1.4173 I.4IM Vmonih 1.4142 1.41 S7 6-mowh 1.4040 1.40(0 c.i pi i' rtrar Source: OCBC r*M»Au I UNLIUlf kUHKtlfvT NOTE RATES to at
        1,179 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar firm on technical trade
        1351 21 Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended higher on technical trading. Dealers said trading in Euroyen was light in the absence of fresh fundamental news. "Euroyen tried to push higher on the weak Nikkei," said a trader. He said the market was still
        Reuter  -  1,351 words
      • Article
        Palm oil easier on poor leads
        678 21 COMMOOITY REPORTS Palm Oil CRUDE palm oil futures closed marginally lower in moderately active trading on the Kuala Lumpur Commodity Exchange in the absence in poor leads. Trading fluctuated within a narrow range as players remained sidelined as fresh factors were not forthcoming. The
        678 words
      • Article
        Global shortage of nickel alloy tube
        57 21 TOKYO A worldwide shortage of a key type of nickel alloy tube is developing after an explosion late last month halted production at a Mitsubishi Materials Corp tube plant in Japan indefinitely. Mitsubishi has about a 40 per cent share of the world market
        57 words
      • Article
        World copper market deficit
        47 21 LONDON The world copper market is estimated to have recorded a supply deficit of 277J)00 tonnes in the first five months of this year.' Gosumption in Jan-May is estimated at 5.02 n)ftHon tonnes, compared with 4.78 million in the dilne period of 1994.
        47 words
      • Article
        Indian mills' sugar sale quota
        63 21 NEW DELHI The Indian government has allowed sugar mills to sell in September 670,000 tonnes of white sugar on the domestic free market, same as was allowed this month. The government will also sell in September 351,000 tonnes of sugar through state-run food stores. Thus,
        63 words
      • Article
        Mould problem in Indon cocoa beans
        77 21 SINGAPORE The mould problem in Indonesia's cocoa areas is serious and overseas buyers have rejected several cargoes of the mouldy beans. Sulawesi is bearing the brunt of the problem -Sfoice rains were heavy when the crop was being.harvested. A US trader may have rejected
        77 words
      • Article
        Fall in China zinc, lead output
        55 21 HONGKONG A lack of new mine investment and better markets overseas are hindering China's ability to supply domestic lead and zinc smelters with concentrates. China's, production of leasand zinc has fallen sharply this year as the smelters struggle to find enough of the intermediate
        55 words
    • Article
      COMMODITY PRICES
      1444 21 SICOM Futures Rubber (futures dosing as at 5.3tpn) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 95 194.00 194.00 193 50 100 MOO Oct 191.00 1250 Nov 191.00 1475 Dec 191.00 2325 Jan/Mar 96 191.00 187.00 l«9.00 1725 6000 Apr/Jun 96
      1,444 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1069 22 -4.0 STOCKS closed weaker yesterday after a mid-morning sell-off on the futures market. "The market just seems to be in a bit of a pause at the moment... just sitting back and waiting for a little bit of direction from not only the overseas markets, but the overseas funds
        1,069 words
      • Article
        Manila
        512 22 -26.16 Share prices dropped amid the continued downturn of Philippine Long Distance Telephone and oil refiner Petron Corp. 'The market was being pulled down by PLDT and Petron," said a trader. The PSE Composite Index lost 26.18 points to 2,801.30. Turnover was 1.05 billion shares valued at 1.78 billion
        512 words
      • Article
        Taipei
        461 22 +33.83 Share prices finished higher on light trading, boosted by good performances in construction and pulp and paper issues. "Investors were closely watching development of a twoday congress by the ruling Kuomintang to choose a candidate for next March's presidential elections," said a dealer. The 321-issue Weighted Price Index
        461 words
      • Article
        Seoul
        388 22 +4.48 Stock prices closed higher, with index-linked blue chips turning bullish against the backdrop of their recent falls. The Composite Price Index climbed 4.48 points to 917.79. Turnover was 35.35 million shares valued at 511.44 billion won. Rises beat falls by 487 to 285 with 176 issues unchanged. Along
        388 words
      • Article
        New Zealand
        345 22 +14.61 Stocks rose, led by Telecom after the nation's antitrust regulator signalled a green light on the company's bid for a 25 per cent stake in pay-TV operator Sky Network Television Ltd. The Commerce Commission said after the market closed on Mondav that it has "tentatively concluded" it
        345 words
      • Article
        Bombay
        114 22 •10.99 Stocks fell for the first time in four sessions as selling in the morning by the nation s largest mutual fund operator, Unit Trust of India, overshadowed buying by US investors. Brokers said the decline should be short-lived as foreign institutions are confident about the Indian economy, regardless
        114 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        704 22 Britannia Funds Sterliat Cash Bid Offer Mim Cap Depout 31.6400 3* 6500 Mim Jeney 6* AII93 ***** Mim Mu Ikok 09)00 0 9700 LS$ Cash Income PWi Fund *9.7100 •10 2300 PS S Reserve Fund 5 MOO 5.5500 ISS&SSS 0.4592 0 4931 Far East Fund *2 7650 ****** Man Portfolio
        704 words
      • Article
        London
        677 22 -5.5 UK SHARES closed mixed as floundering water stocks offset steady bonds and takeover speculation, pulling the Footsie from an all-time high. The FT-SE 100, closed down 5.5 points at 3,530.2 after pushing through to an all-time high of 3540.7. Imperial Chemical Industries, BAT Industries and Glaxo Wellcome paced
        677 words
      • Article
        Paris
        120 22 •10.76 French shares fall on profittaking after recent rises and with investors on the sidelines ahead of the Federal Open Market Committee meeting later and the Bundesbank policy meeting on Thursday. The CAC-40 Index closed down 10.76 points at 1,973.68. Of the CAC-40 stocks, 35 ended lower, five higher.
        120 words
      • Article
        Frankfurt
        184 22 •10.52 German stocks ended slightly lower despite more economic data that has helped foster hopes for a Bundesbank rate cut, possibly as soon as this week's central bank meeting. The DAX Index ended down 10.52 points at 2,258.86. The drop disappointed traders following gains on Monday to a new
        184 words
      • Article
        Brussels
        169 22 1.83 Belgian shares ended a dull session slightly higher amid gloom over a weaker opening on Wall Street and fears that consumer confidence was slipping. "Fears of higher taxes in Belgium means people prefer not to take risks on the bourse. Also, the big investors are looking to other
        169 words
      • Article
        Milan
        149 22 -244 Italian stocks closed lower, after higher-than-expected consumer inflation figures for the month of August raised doubts that inflation had peaked. "Yesterday, there was a lot of panic buying ahead of the indicator, and today we've seen a steady flow of sell orders to compensate for that," said a
        149 words
      • Article
        Amsterdam
        269 22 +0.61 Dutch stocks closed at their second consecutive recordhigh, led higher by gains in Philips and Heineken. Optimism over a higher dollar and a possible cut in German interest rates supported the market. Some worries over earnings from financial companies later this week prevented it from rising further after
        269 words
      • Article
        Stockholm
        117 22 •3.75 Trade was hectic as brokers scrambled to digest a barrage of corporate news and get away with profits, but the OMX closed lower due to losses in the banking and forestry sectors. The outlook was uncertain due to more six-month results ahead, but eyes were largely on Wall
        117 words
      • Article
        Zurich
        249 22 +14.1 Swiss shares were boosted by a firmer dollar. Volumes were low except in a few stocks, with Roche, Sandoz and Nestle paving the way for a broad upswing. The blue-chip SMI Index overcame the 2,900 point barrier during the course of the day but slipped back towards the
        249 words
      • Article
        Johannesburg
        299 22 •14.7 South African stocks ended a slow day's trade broadly lower with little buying interest seen in the short term as prices consolidated. Traders said golds led losses as bullion retraced gains and speculators stopped buying gold shares. The Overall Index fell 17.9 points to 5,578.2, the Industrial Index
        299 words
      • Article
        Toronto
        227 22 •16.09 Stocks opened weaker in quiet trading ahead of the Federal Open Market Committee meeting and a series of Canadian bank earnings, traders said. The TSE 300 fell 16.09 points to 4,592.21 on volume of seven million shares which had a value of C 5103.9 million. Market watchers are
        227 words
      • Article
        New York
        771 22 •3.52 Stock prices turned narrowly mixed in cautious trading as the market awaited the outcome of the federal reserves policy meeting. The Dow Jones Industrial Average, which slid 2.82 points on Monday, was down 3.52 to 4,611.26 at 11am EDT. The New York Stock Exchange Composite Index was
        771 words
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      Lock icon HONGKONG
      2458 23 Bloomberg Business News HONGKONG Stocks rose as Cilic Pacific climbed 3.22 per cent after reporting a solid sixmonth profit. Citic's 20 per cent rise in net profit helped ease concern that corporate profit growth is shrinking. With shares already down 5 per cent this month, renewed confidence in earnings
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      Lock icon CHINA
      598 23 CLSA IN Hongkong, the H share index lost 13.18 points to 1,078.75 on turnover of HKS7.4 million. Maanshan Steel was the most active counter on turnover of US$2.2 million, losing 2.6 per cent. Following its poor interim results, Kunming Machinery was the worst performer, down 8 per cent on
      CLSA  -  598 words
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      Lock icon TOKYO
      2333 23 Bloomberg Business News TOKYO Stocks were little changed as early gains were tempered by concern that a weaker dollar and a drop in US hightech stocks would quash a two-month-old rally in Japanese technology shares. "The currency's pulled back bekjw 97 yen, and we've seen a poor performance in
      Bloomberg Business News; Source: Bridge Info  -  2,333 words
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      Lock icon BANGKOK
      1410 23 Reuter BANGKOK Stocks closed slightly up as investors shopped for bargains in the finance and bank sectors but overall trade remained in the doldrums on worries about rising inflation, brokers said. The SET Index closed 6.60 points higher at 1,322.40 in turnover of 3.03 billion baht. Rises led falls
      Reuter; Source: Bridge Info  -  1,410 words
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      Lock icon JAKARTA
      1146 23 Bloomberg Business News JAKARTA Slocks' early gains were pared by investors' concern that a falling rupiah would cut into the value of Indonesian holdings. The Composite Index rose 1.6 points to 499.11. "Most of the blue chips lost about 7 per cent last week and 1 think it's a
      Bloomberg Business News; Source: Bridge Info  -  1,146 words
    • Article
      CLOB INTERNATIONAL
      2279 24 Gr Cr ws 1 VaJ Dn Lmt Qmt Dh LH» YU Nat M Cap L— Camfj Safe CMO) H%h Lw» Bayer Sainr Or P/E tmiJ MALAYSIAN STOCKS 47 422 +14 152 422 410 420 422 10 -2.9 02 432.1 SOc !i. 5 +l 344 965 94.5 96 97
      2,279 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices rise as currency stabilises
        6583 24 Bloomberg Business News KUALA LUMPUR Stocks rose, led by construction industry major United Engineers Malaysia (UEM), as concern eased that the ringgit would fall farther, depressing the value of Malaysian holdings in dollar terms. Stocks have fallen 2.5 per cent since Aug 11, as
        Bloomberg Business News; Source: Bridge Info  -  6,583 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8568 25 Gr Ct M Wl U* V«l Day UuQmi IWy Di» VU Net r> A*g High Lm CiafU) Sak (W) High Ln Bu>rt Viler Cn P/E Sail Price INDUSTRIAL AMD COMMERCIAL 4* 382 mt s Acma 50c 466 2 21 470 464 464 468 22.5 5.8 2.4 9.7 642.4 *60 Ale*
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      • Article, Illustration
        Lock icon Market marks time ahead of fed interest rate meeting
        1854 26  -  By Paul Leo SINGAPORE Local stocks were mixed yesterday, with investors sidelined ahead of last night's US Federal Open Market Committee meeting. The Straits Times Industrials Index was largely unchanged all day except for a brief moment in mid-afternoon when it
        Charts by Bridge Info; Source: Bloomberg  -  1,854 words
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      208 17 NEWS VALUE Govt holds back sale of five residential sites till January (PS 0 Ppser: Is supply being adjusted to match market conditions, as some seem to think? Fed keeps funds rate unchanged at 5.75% (pg 1) The Fed has done its bit. The rest is up to the markets.
      208 words
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      116 18 i?; This announcement appears as a matter of record only I S I II Securities One I Public Company Limited 8 U5544,000,000 I Transferable Term Loan Facility is B F, Arrangers S Chemical Securities Asia Limited 1; Overseas Union Bank Limited The Thai Farmers Bank Public Company Limited IBF Senior
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      Page 18 Advertisements Column 2
      139 18 International M ENVIRONMENTAL MANAGEMENT COURSE Aspects International Ltd and Asian Business Consultants are jointly organising a unique two day Environmental Course. Key Topics: Why implement or have an environmental system Benefits of an environmental management system BSI 775Q/ISO ***** standard How to design your unique system How to implement and
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      37 19 IsiX BUSyA®CHES. jgßrefe- 3,OOOICHICKENS>i^" rJ jp^iF >*»*>• wi* OPE N HjLOOTST Jf^V 5 FOR YOUR^AK'AS. h > Hm t>" '2 Ci <§![»' 3 >^" •£2 > <«r 1 .»^j !P m Jt AN OPENJNVjtATION v FOR FOUL PLAY. m I >. GD CISCO
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      123 21 U.S. $2^00,000,000 a The Republic of Argentina Euro Medium-Term Note Programme Series No. 07 U.S. $KXMX)OW) Floating Rate "Dragon Bonds" Due 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from August 22, 1995 to November 22, 1995 the Notes will
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      20 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
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      69 23 w«'v« caught Itl Thft last# for fish. KF£*,'}J\'" V Cookftd In ftvftry Imaginable way. f A f can caught. K can torn cookftd. 'W' WK Vou could sa U wft'rft hookftd v on fish. And you'll b*. too. at& T °P of thft M s fish lunch |re||^ |jf|Q|/\|ff»if| something
      69 words
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      89 24 > Easy approval payment ■S J M StSlTfilil >• Scripless counters are also acceptable 0.9% 10.89% 2 months 1.7% 10.33% 3 months 10.16% ®CALL US NOW! Hggfl Qffigg Tel; 223 9222 UMLL UO NUIY. Setegte Branch Tel: 338 2097 Holland Branch Tel: 469 3836 TAT IFF FINANCE Buklt Panjang Branch
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      107 25 wr~ ~v^g^^+4**;___.. lasi Five Arrows Asian Enterprise Trust I »^> <r -c»* x K* •'^>f EmmS Prospectus and application forms available from Citibank at p .VC. s^ r; —J 1800-225-5225 and Standard Chartered Hank at 1800-535-2522 H v */WBl^ r v i^',v s m ""aIBI .•<, .i-i >c-i:•. v I
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      152 26 Learn to Invest Monitor your stocksthe smart way! It Find out about the latest most sophisticated service provided by SPH AudioTex Service Quickstock: a 24 hour hotline which provides you real time stock prices a Portfolio Manager to help you keep track of your stocks. Come see for yourself at:
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      220 26 N O T jC E S Go -Smart girls get GO ASIAN CHEMICAL TANKERS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is hereby given pursuant to Section 308 of the Companies Act. Cap. 50 that the final meeting of the members of the abovenamed company will
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      199 26 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF lONITE (S) PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Chapter 50, that the Final General Meeting of the Members of the abovenamed Company will
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      Page 26 Advertisements Column 4
      414 26 Singapore Closing Sh«r* Pricos 22/08/1995 CLOM PMN LOW HMM dMh UM UM UM UM 7-*0 7.1S 7.10 7.80 rMMI *2*? I.O« 1* KM M. 0.92S 0.9*6 O.MB OJ3 SELSSS Himfcom Lm4 IJ] I.M 1.00 IJ4 rru imtl HMMOKMU 1.9N 1.01 0.H6 1.01 *r—«>« Warranto 0.37 O.M 0.*7 O.M Published by
      414 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      531 27 Knight Ridder Reuter DRY-CARGO freight rates remain firm in the Atlantic and fresh enquiry has been reported in the Pacific where a few ships had been on ballast last week. Shipbrokers said tonnage demand by Koreans and Japanese improved the market's sentiment while grain and mineral shipments in
      Knight Ridder; Reuter  -  531 words
    • Article
      Lock icon Delivery of fast ferry to Stena Line delayed
      153 27 Reuter STOCKHOLM Swedish ferry operator Stena Line said delivery of the first of three high-speed ferries ordered from Finnyards of Finland would be delayed until the end of the year. The first delivery was originally scheduled for summer 1995. The delay of
      Reuter  -  153 words
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      Lock icon Suez Canal considering price cuts
      235 27 KnightRidder CAIRO The Suez Canal authorities are considering price cuts to try to reverse the waterway's declining traffic figures. "We are currently studying a possible reduction in tariffs to deal with the fall in the number of oil tankers using the canal," a canal official
      Knight- Ridder  -  235 words
    • Article
      Griffin Shipping expands fleet to 15 ships with new buys
      506 27  -  By Alec Almazan SINGAPORE Durbanbased Griffin Shipping Holdings has expanded its fleet to 15 ships with the purchase of two 1,000 20-ft equivalent unit (TEU) container vessels. The 1993-built Bastion and the 1994-built Maersk Santos were bought from Unicorn Lines
      506 words
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      MARITIME STOCKS
      316 27 SES 000 Aug 22 S$ Vol CWT Distribution 1.66 unch 25 Chuan Hup Holdings 1.27 unch US Cosco Investment 2.25 -0.01 293 Far East Levingston 6.20 +0.05 338 GB Holdings Ltd 0.89 -0.04 8 Hai Sun Hup Group 0.915 -0.01 2787 Hitachi Zosen Sing 1.05 unch 29 IMC
      316 words
    • Article
      Lock icon Kvaerner expects 1995 results to improve
      342 27 Reuter OSLO Norwegian shipbuilding and offshore engineering group Kvaerner A/S said it expected profits for the year to show a marked improvement on 1994, with strong contributions from its shipbuilding and oil and gas divisions. Kvaerner posted first half pre-tax profits of 1.61 billion
      Reuter  -  342 words
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      Lock icon 7 missing after collision off S Korea
      95 27 Reuter SEOUL Seven crew members aboard a South Korean caigo ship were missing after it was in collision with another local vessel in dense fog off South Korea's south-east coast yesterday, maritime police said. A police officer said the 745-tonne cargo ship sank
      Reuter  -  95 words
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      Lock icon Taiwan firm FESSC to open rep office in S'pore
      418 27 Lloyd's List TAIPEI Far Eastern Silo and Shipping Corporation (FESSC), Taiwan's largest grain importer, is to open a representative office in Singapore with a view to transferring part of its fleet to the island republic. In what would be another coup
      Lloyd's List  -  418 words
    • Article
      Lock icon Ports of Auckland to sell 19 hectares of waterfront land
      229 27 Bloomberg Business News WELLINGTON New Zealand's largest port company, Ports of Auckland Ltd, said it will sell 19 hectares of waterfront land in downtown Auckland. Ports of Auckland will not say what it thinks the land is worth. The company
      Bloomberg Business News  -  229 words
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      Lock icon Tristar Shipping to buy more vessels
      137 27 Reuter KARACHI Pakistan's Tristar Shipping Lines Ltd said h would add five bulk carriers to its existing fleet of five ships by the end of the year. "The company has already purchased two ships and will buy three more by the end of this
      Reuter  -  137 words
    • Article, Illustration
      Philippine shipping faces sea change
      1099 28  -  High taxes and costs are blamed for the plight of the industry. In a report from Manila, A 1 Labita outlines the steps taken by the government to foster competition and improve services Al Labita The Philippines. a vast archipelago comprising 7,107 islands, is highly
      1,099 words
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      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      514 28 P«ge ABC Cool 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appcnship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 13 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br IS •Blue
      514 words
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      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9975 36 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement ETA HA Maartaar Vaaaal Vvyaga Pg W OaaM Mmw »mw
      9,975 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        627 45 V»y Hi fci krrhtl Papartt Jwi Part (BT) Bntant laya Jl/96 il ak**s*k 2308/1300 (BT) lestan 4/96 11 *x«afc 23.08/1500 (BT) lafajo Indah 3/96 J1 in«n)e a08/1700 Batam 08/05/95 C M«3k 2108/2300 Bun Ptfra 08/06/95 J1 2108/1300 Do °*a* 0W 2/08 J7 ak»*ade 2108/0600 Ami CJwg 02/95
        627 words
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        CONTAINER SCHEDULES
        1352 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CAMO beard BmUv/Mmm Mb S* fry Hi fated f r— Tt Fran Ma ***** 25/0000 2A 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 4 23/1200 23/1459 23/1700 Anhe 0069W 23/2000 IB 22/1500 22/1659 22/1900 2A 22/1700 23/0659 23/0900 Anro Asa 69S
        1,352 words
      • Article
        COCKETT BUNKER MARKET REPORT
        955 45 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are The Cockett Bunker Price Index changp and the individual in
        955 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        S'pore among top 20 busiest cargo airports in the world
        435 46  -  By Alec Almazan SINGAPORE Five Asian airports made it to the list of the world's 20 busiest cargo airports, wire reports based on figures released by the Airports Council International (ACI) showed. The five busiest Asian cargo airports during the
        435 words
      • Article, Illustration
        Lock icon Pilot killed in plane crash
        64 46 Reuter £££5 G^ gil M€< S c J J Pe" o^ l Preparing to remove the body of the pilot from the wreckage of Atlantic Southeast Airhne flight 529 on Monday tn a fteM near CajToUton. Bound for Gutfport, Mississippi, the plane crashed dae to
        Reuter  -  64 words
      • Article
        Lock icon No aircraft deal signed yet with Air China, says Boeing
        338 46 Bloomberg Business News SEATTLE Boeing Co is negotiating the sale of several types of aircraft, including the new 777 twin-engine widebody, to China's main international airline, company officials said. No contract has yet been signed with the state-owned Air China,
        Bloomberg Business News  -  338 words
      • Article
        Lock icon 11 African airlines may merge
        141 46 Reuter JOHANNESBURG Southern Africa's 11 major airlines might merge into fewer operators so they can compete better with foreign competition, an official of a regional trade bloc said. "You can't have 11 intercontinental airlines (in the region) at this stage," Sevrin Kaombwa, acting director of
        Reuter  -  141 words
      • Article
        Ford signs deal with JMC, in bid to enter China vehicle market
        393 46  -  By I Lu Ning SINGAPORE Ford Motor Co has agreed to buy 80 per cent of Chinese truck maker Jiangling Motor Co's (JMC) offering of 174 million B shares when they are listed on the Shenzhen stock exchange.
        393 words
      • Article
        Lock icon Kiwi Travel to start global flights
        96 46 Reuter WELLINGTON Kiwi Travel International Airlines said it planned to start scheduled international services from today after gaining approval from authorities. The Civil Aviation Authority (CAA) said in a statement it had issued an Air Service Certificate to AvAtlantic, a US-based charter operator which
        Reuter  -  96 words
      • Article
        Lock icon Lufthansa Cargo happy with results
        92 46 Reuter FRANKFURT Lufthansa Cargo said revenues from its European area operations (excluding Germany) have come in above expectations so far this year. It said its European exports recorded double-figure growth over the first three months of the year. Senior vice-president Europe (excluding Germany), Joachim Haas,
        Reuter  -  92 words
      • Article
        Lock icon Air controllers plan work stoppage
        108 46 Knight-Ridder ATHENS Greek air traffic controllers said they would a one-day work stoppage next week, despite a court ruling that two work stoppages planned this week were illegal, l-ast week, the Greek Civil Aviation Authority took legal action to prevent the strikes, after the air
        Knight-Ridder  -  108 words
      • Article
        Lock icon US Air wants non-stop Rome flight
        68 46 Reuter ARLINGTON, Virginia USAir has applied to the Department of Transportation to begin service between Rome and its Philadelphia hub with through service to Los Angeles. The route would be Philadelphia's first non-stop service to Italy and USAir's third non-stop service from Philadelphia to
        Reuter  -  68 words
      • Article
        Lock icon Americans more satisfied with US cars
        245 46 AP DETROIT Consumer satisfaction with American cars and vans has grown since last year while satisfaction with Japanese brands has declined, the American Society for Quality Control said on Monday. The group's quarterly American Customer Satisfaction Index showed the car industry's overall ability to
        AP  -  245 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1211 46 AIRCRAFT ARRIVALS DEPARTURES •ft ra www n» MaMMM OK 156 1735 GA984 0310 SQ442 2000 I 0KI57 2020 S0227 2030 <— RJI82 1440 RJ183 JQ25 KL831 0925 KL832 2300 GA893 0955 SQ328 2355 SQ323 1555 N2021 1820 NZ022 1940 SQ288 2060 S0285 2Q4S IMNn BM19 0900 SQ182 0915 SQ181 1410
        1,211 words
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      7 27 LAW PAGE Every Thursday in Business Times
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      187 27 WEEKLY LCL TO: Algeciras Las palmas It Barcelona Madrid k\ Bilbao Tenerife if Philippine shipping faces sea change: Page 2 S'pore among top 20 busiest cargo airports in the world: Back Page ISM Training Course From 18 to 20 September '95. In its resolution A 741(18) of 4 November 1993,
      187 words
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      1042 28 Cotmmcwtmmtkw» i QwwnwMMcg mm m |MKD<in ma Innl!■ bi iwiiii|mwi|Mniwi liiimi —iliihmiiii I sm*T «bm ~*w~ mo»mmw n/w |wn| w/n I I I |vm| nm immi m mm n/w mm mm nm HP—iim n m/m nm nm nm nm am n/m nm nm nm nm I—WH I"/n| w/w I Inmlnmlvm
      1,042 words
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      Page 28 Advertisements Column 2
      191 28 I^ ■—t Lines and service* represented by. .j Mcmbcri of the Registry of Accredited K\\ Shipping Agents, Singapore National UrnS®*) Shipping Association. f for advertising enquiries, contact Shipping Times: ~r jE Tel 740-2089 740-2090 Til yJ l iTy 4|l J IN 1 1M *11J M n^lf[Si/2£uK[3|liif[^^^H' WORLD AMPHK3N 2MB I
      191 words
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      1438 29 WHOLESALE CENTRE, BLOCK 1,103-10 SINGAPORE 0611 TEL: *****55 (12 LINES) FAXi *****16/*****29 TUb *****20/***** FS6HIP VESSfI YOY SI) ETA SMETD DBTKfIION AGB 12AS 04/D9 Oi/M PUJU/HIBMAM NSDMI lfl/W 20/00 30/01 PONIIAMK/9l(mE GULfSUUM 0/15 N/N a/M BIGUJUI/fUNB 11/15 25/ DO 27/00 JAUIR/TMMNE GOfKMMJO 15/15 30/00 31/00 MWIA/HDANG «DUII U/95 04/W Oi/M
      1,438 words
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      Page 29 Advertisements Column 2
      1171 29 (g) HANJIN SHIPPING lfYB» TBT jj IMHB IMIIf I fC wI 1 I—w w|»lif I wl —■Nil lUL hrn. SB- I H/W I 11/W Inm I mmmtm iai ma \nm\nm m/i> Bggggi W-BA ffi ij/g aj;\umJ gwS Wm tigg gg sgiggß' jizl gzg. 5L— tw iii/Miu/Miii/M 1 "EHPMffIPW Wi» 33E
      1,171 words
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      1055 30 jrea m mum am tmr aunnrwi mmm mam umm hum mmans p/m m ma im \\n in -lift am m n/» m m iitt aa_ URMMfI ft/IM SI/I 17/9 11* ll* If* mm ilw m n* ~H7r~ \w m —ro lift m Bfe TF-B a—w ss— ST 2? =§=^7iiBBW A
      1,055 words
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      Page 30 Advertisements Column 2
      934 30 I NORASIAI VMML VOV MM ALO LAS ML VAL NAM M HOT ANT PB. LHA nmoc us* um um um nm vm vm imi iZ« ww HAMOEAVOUR NORASMF7WOUM MM IMWWWNn/MmDMMm NORASAHONKOM WJ74 WW I*ll Wll IVII IVII WW IM! 2* 1M! MJ 12! mmmmmm ton nm vm nm ww n/w
      934 words
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      Page 30 Advertisements Column 3
      431 30 JAPAM/HONQKOMO/STfIAfTS REOULAR SSUVHE LOADINQ FOR PORT KLANQ/PENANO ffuti |wt rmi p m HBJOA t 9LP «LB MPT j CMWT JM_ M MPT M»IA J HOW aMM BHKTA g MAIM tJ MM aW WTHWUTB 71 aMM T7 TATAMNTUJUM g 27 AIM a AIM PWWMMT 84 aMM WOW PANOONA a 110 HKT
      431 words
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      Page 31 Advertisements Column 1
      998 31 I mm STRAITS SHIPPING PTE LTD £2 MBV mad it nm email "or* #11-01 ****** tmnt* *m «impwi mm tqi: nsm* 2ST out SAILS CJMMAMt vmm mrnn.lM.tX la Port MA* T'. '«g MB V— """MS" 1 WW3I n.«M.«> Mtaa ji*m ni* PCCUX mwwwimm fiflßftSg WWK Mm, Lai, n fl-Vl* *«M
      998 words
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      Page 31 Advertisements Column 2
      1777 31 Hk B&O Containers PStb Containers (Singapore Agencies) Pte Ltd I First Class Connections WORLDWIDE Tet 223 223^tJmSis ***** Wocsp^ 7517 CK Nwfccr. lum IUfZ EXPORT IMPnm wnrwi MrVnl I LAUBTMAERSK 9910 22/08 f"" f ft/M IVOB IVOO 1" [Tiff" MM MM SSL 25 SSL 55 <*M JSMBBAY M 3« 23/08
      1,777 words
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      Page 31 Advertisements Column 3
      147 31 <w <m>i> *l mo FIP BP MM Mi tM MB Ml MM ~SS MtVM HBT W T T7M I 1 W "HST M "55" mm Miwmm mm ng" ib law "wr v far sr ssr w w —=—7w mmmmmm MMM tt-mm m m mm I ~mm~ ~mm~ mmmsamnam npn masaßrapmioH
      147 words
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      Page 32 Advertisements Column 1
      1133 32 EUROPE/UK/SCANDINAVM/FINLAND/RUSSIA Mf ROM ANW HSG THP LHV LHV THP RDM ANW H96 PKL $6P I. RACER RW-GM 21* 15* IS* 17* 1M 20* E. GREET RE-050 31/7 1/1 2/> 3/1 U !M M I. RESULT RW-GM 2/1 22* 23* 24* 2S* 27* E GLOWING RE-032 7/9 M M 1M 11/S
      1,133 words
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      Page 32 Advertisements Column 2
      716 32 I I V I I v I II fl H I i"I B HbRSiAN QULF B£hVK)t ■*«&m 5T S3 3C 5S EE KF E3 Hum crown m-asw nm mm m m m pthulm SM2 OCWr 3'W 11« uS 52 *52S UNCOMURT 2*3 01JW MM NM 7M IM* iIM 122 22
      716 words
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      Page 32 Advertisements Column 3
      602 32 g^^^^S3nS!DMA»!SEAo3!oSTSpTEwE™3K TEL: *****33 (12 UNES) < 9 FAX; *****18/*****03 J TELEX: RS ***** MSMP (3 Lines) J CR NO; **********0E f3t\ ETHIOPIAN SNIPPMLMES* 5 f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL j v*ss Vo* [Lot** tor I Spora J Atayot 41WB 18/10 ►^P D*xx«] NUinl 40WB 28/11 Momb»M.
      602 words
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      1595 33 CARGO TO VARNA, ODESSA AM! COOTANTZA VIA I Sio§tp»f*'«StMftl Afttto Til (Sttml): IZlltti (UllKllKl A,„t, Din CO STAR SHIPPING PTE LTD r c~w™ uuui/tu c-wtt*-u. uutu tmmam cmmmt umjh I ttitiw fir tu-u cos** CMWOI/.M/ «»«I M UHW Dns mt T»wr t e»m:U7mmmm fu mint trsstwt ik dki uh/h mm/m
      1,595 words
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      Page 33 Advertisements Column 2
      474 33 HEUNG-A SHIPPING (KOREAN FLAG) cowwwßttHP saviq I coNVßnmyyi sorwci __Klr lrL! a w lor w i'* > w ir g wir i <wi i w,t ICT SW I MIS3O I M/ 10 131/09 105/09 I 07/09 114/W I 10/091 lt/f> I M/ 94 I MitIOMMI lMßllll/wl- IH/Hi- 111/ ii ln/i»lw/ii
      474 words
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      Page 33 Advertisements Column 3
      292 33 pi DONGNAMA LINE '^owwiwwwiiiwwiwi wssapßsi rap in mm m k n wuhmiumsow »/m nm n/u »m m/n ii/n HJ PONfINS ItS U/N N/N W/N 17/N 17/N »/N ■AM SIM N/N 11/N 11/N M/N N/N 17/N MsimsiM u/n ii/w n/n 11/w n/n n/w 1 L L! 1 1 1 nOUWP TW
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      Page 33 Advertisements Column 4
      615 33 I FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 UNES) BARCELONA/SPAIN 30/08 LEHAVRE/FRANCE 25/08 MARSEILLE/FRANCE 29/08 HAMBURG/BREMEN 25/08 GENOA/ITALY 26/08 ANTWERP/BELGIUM 25/08 GOTHENBURG/SCAN 27/08 ROTTERDAM 25/08 AARHUS/COPENHAGEN 27/08 FELIXSTOWE/UK 28/08 LOS ANGELES/WC/IPI 25/08 SYDNEY/MELBOURNE 24/08 NEW YORK/EC 25/08 FREMANTLE/ADELAIDE 24/08 VANCOUVER 25/08 BRISBANE 26/08 TORONTO/MONTREAL
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      921 34 gisniiEnißi 11| 'l*" 8 II T 1 IvgMß. »OY I«w —wi —J KM WANABHUM 2888 Wmd In Pt 31 29/08 OURU BHUM 9128 ~fhu 24/08 "Si 29/08" wrr I WWWr 109 BL_afflL_l»_JML B MASDUA 55Z ?f!_ »Ss_ _l!2_ »Ss_ WW il» thanabhui !22! -2!!_»2!LJSS!L »Ss_ I -S--=--=T-=- NAWABHUM 078 Mow
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      Page 34 Advertisements Column 2
      788 34 79 AW SOW ROAD, *21-01, SINGAPORE 0207 CR *****92Q000N PORT KLAHQ PENAWQ m«a Iwr m m. yam. <or m m SEA LAUREL 417N 27AM SUN 26AM MON ORAGOWMAS 46W I 23AMWE0 2SAMFW X***™ 960*9 26AMM0W 3MMWEO MURSPQfIE ***** 24AM THU gg PEHKASA SOW 2MB MOW 3006 WED LHOTSE 5049 I
      788 words
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      610 35 BSfl il ilHim MYANMA PHi FIVE STAR UNE (Myaoorar National Um) twin lor YlO9OO (Roofooo) VOT SM KG KM PGU HP A-AO 21JW SU -Q» 1W 25/01 1 -MALAYSIA AGENTS: BOUSTUD SMPPMG AGONIES Ufc TR 0149-2417)00 PU: TH 02-03-376*101 rat m 02-04-*****02 PGO: TO 02-07-*****21 /4 IML NIGERIAN NATIONAL j-
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      Page 35 Advertisements Column 2
      948 35 I assapw PACIFIC INTERNATIONAL UNES (PTE) LTD j 23 140 Ceo* Street, #03-00 PIL Building, Singapore 0106. I Cff NO **********06 IvOOOOL VOY OM CMS JW HOC JOB AOJ ADO MUK OZU MOW AOA KOTAWMAYA WJASBO 20/0 I/O 10/O 13/0 10/0 00/O 24/0 20/0 30/0 KOTAOOMJAN OKLSOO 7/0 10/O 20/0
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      Page 35 Advertisements Column 3
      783 35 **********7 VESSa 5 W ""ST" L£ HAVRE HAMBURG THAMESPOffT ROTTERDAM AHMGRP WU£DWIW> HIOW 2MB tM( 21M 23/00 24/06 2MS VK-LE D 6 LYRA YIOW 08/09 28/09 2M» 30*06 01/10 Qg/io VM-LE DC VELA VIOW 12/08 00/10 06/10 07/10 08/10 08/10 VM-LE OE CAPELLA TIIW ICVIO 12/10 IVIO IVIO WlO ALSO
      783 words
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      Page 37 Advertisements Column 1
      56 37 I/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 OCEANIA PORTS REQULXE q^UPAOE lciHJmaion aucklamd sydiiey IMPORT I f EXPORT BRISBANE XaL-._ jO Melbourne fremantle FOR BOOKING ft SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PIE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE
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      Page 38 Advertisements Column 1
      1680 38 Vitt AS AGENTS: VUWI HWOWOWIPTI LTD (CH» mißl—|«t IT«t»wi7MMt I TH_ *****77 THfX MWAW R*****5 FAX *****167^9 1 I W IMir MALAYS* "IT UNE MAIVTME (MALAYSIA) SON WHD LAS M M 1 m\J TEL5A*****00PK*****75PEN*****20J*****101 PGU*****25G NXJNESA: P.T. SAHARA LAUT PI I—HJSA. TEL JKT *****08 Z 11. WMHICA PACIFIC WPQWf Ift
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      Page 38 Advertisements Column 2
      1216 38 AMERICAN PRESIDENT LINES, LTD. 19 KEPPB. ROW) <02-01 JT PQH BUt-DUG SXGAPORE (808 MAIN UNE CUSTOMS! 3BWg 225-1225 HUt 221-4882 EAOLE VOCE: gIUM CfS 27TM868~ i*«b/«woi [wim iw I jct I W llttsguwtim imiw i mk \rm |cm mm m tut im» mdT~ r smhld m dm m m rnu
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      460 39 (AWiY dill WMiiiflrn) Seabi^ MAINLINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT rn> rro 0010—0 BS/06 ISAM KARACHI M/ 08 04/09 iWIM 26/00 01AM CALCUTTA 26/06 06/06 CM lIAOOMQ 90/06 07/06 NHAMA 9MBVA 04/09 16/09 USA/EUROPE 6td rro U6A (ALL INLANO PONfT) 16AM 04AM lUWOW (ALL 6A66 POWT6) 16AM 04AM
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      Page 39 Advertisements Column 2
      1446 39 Nedlloyd LiXi EUROPE EVERY TUESDAY AND FRIDAY |j[j| 1 ta(f) Pfin M Ml Ufc mm km' Mm M LALOIRC/1335 23/8 23/8 25/8 23/B<F) 14/9 16/9 10/9 11/9 12/9 fibf/*■»,* Ufc n« MB NU HONSHU/3345 27/8 27/8 29/8 30/8 8/9 17/9 18/9 21/9 22/9 20/9 i 30/7 2/8 3/8 31/7 25/8
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      Page 39 Advertisements Column 3
      251 39 W_ SUNSHIP AGENCIES PTE LTD 20 McCaHum Street #10-01/03 As/a Chambers Singapore 0100 Tet *****22 (10 Lines) FAX: *****05 CR Noj *****8 200 00R »r v r** Y.S.N. LlNEM^iijjijjj.imijiuiiiWßßßWßww.ll^ VOT Hoiwaw VKBJMK HEIIUMM y. Hw S w t-T/l SJtL iS» OWWCMrafcw g 7-VII ttMfl| IS-19/U 17-11/I9 L_ M'SIAN AGENTS: lUNi>
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      970 40 ■E3EB3=SaiBB NEW WEEKLY SERVICE TO BRAZIL WITH COMPETITIVE TRANSIT TIME CALL US NOW AT 2286-611. f= ETA Tiio DESTINATIONS NUiMtPwiwA N—t—ifcßlM BTWNQ ■—BMIHMIBIHWWIIII—————W—— MWKMAOTBK VJBOB MAERBK LONQ BEACH VJBOB ■■■HH CY -22****** Kg CY2M 1200HK5 CW-2MIXOOHHS CHWOWOWB ATL BAL CMS CLZ LOB MM MM NYC QM( PIC HQ £g!ffgy__ -2"
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      Page 40 Advertisements Column 2
      771 40 TO E. CANADA US ATLANTIC LOAONQ VOY SPORE I PXELANO* MAUFAX N.YORK NORFOLK ~n ,„n HOEQH CUPPER 0230 04/06 SEP 129 AUG ItOCT 22 OCT *OCT INOV* 5» IW° ?25 TOH MOCOM DRAKE 0432 24/3BSEP 116 SEP 06MOV 11 NOV 14NOV 21 NOV UNOV tfSL NOEQH DYKE 0632 14/16 OCT
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      904 41 ACCEPTING LCL CARGO TO*******.**..* Tram-Link Express Pte Ltd Singapore PtsrtwrtM CFSdssh*day Safcg Day FIRST FORWARDER IN 53l M [7^-s^ Bstterdi ivtrySrtwday Every M-fry fejC>S\ I L/l IMud H—m Pfc—s 3 saflbfs Mrtl jI 2l ftr staff of yo«r s«rWn.*> r^H Chris Tt DID: *****64 mtenutkmalka freight misa DID: 2771 058
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      Page 41 Advertisements Column 2
      783 41 SU KSS—r.m— WW• g» Ml MM tat BBL_ SSk BL MUM HKS FUM> BM mct IDT wa i »Mop mm am am mm tin mm um mm ism am m. mm sis am- ttm mm St- -St--JPS™ 1 "St* M uuJk ism SH Mjr am mm NO 17M 11 n
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      Page 41 Advertisements Column 3
      377 41 f |H% -JOINTLY OPERATED BY ga AJUS LINE, CHITTAGON6 KMTC LINE, SEOUL (ATLAS SHIPPING LINES LTD) (KOREA MARINE TRANSPORT CO. LTD) VwM< *2 cyniim I** 51 5/5/5? wwii Swi w w nm/n nm/n n/ivw w 13/io/w u/ivw a/i«*s Gmral A|Mt: Bckit Sli pptog Agtncws Pt« Lt4 (CI NO **********00E) 190,
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      935 42 |vessel^^VO^^si^^^MA/*Sl^^ TIGER BAY 369 ft 24.2006 30-0309 07-09*09 TIGER CAPE 360 ft *****8 03-0609 11-1209 TKjERISLANO 361N 31-0206 06-1009 14-1009 TIGER BRDGE 362 ft 04-OMB 10-1209 18-***** TIGER BAY 363 ft 07-0009 13-17/09 21-2309 TIGER CAPE 364 ft 11 12/09 17-2009 *****9 I VESSEL VOY SJN mi SIN TIGER FORCE
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      Page 42 Advertisements Column 2
      218 42 m "a mhj tn ma um aiaw»m tiw am mm am TwF" MluUt WN IVM WW MM mmmtm iw" jyn —mnT lytT ~wwc. Www wii am wii tvn iyn ■vn Auckland am m. m. mmmmm ii» wn ~^T mmmm «ni wn am gn g| —anrnas itrw mt iwi ty» nm
      218 words
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      1288 43 Km TMMS/ WM SMUMSS; P. WMASGSIWOAfOft SOUTH BOUND BE W I tan* ai 4T3g ggg TOg muswv 413SS MtlW &M« *wirz Pfrfc 413W ||S <touam» 4Tsr~ maw ggg? ~gg 3M»IMU 91/WW hocthouho rasa wr ffflSS MAWI ***** afrWD H/frMl BMUMnf 4135W Sgjj ~ggW MMUgMty 413 M P/WMI ~S£MOH bmwi iIT
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      Page 43 Advertisements Column 2
      108 43 MHJWSWWOK/METIIMISaVICi wn» VOY NO ETA FTO UHWU ANGMNQOS Mi Mft MS WMM/NCMC OMOM4 7/1 i MS MS HCMC/VUNCUU THANHOA SMS MB MS MMBINJ AGEHTS-PWCOV SHKPPfHQ CO PTE LTD MMXTBN mLLvmnrmuM mitzmmncLtßtm annwi— COLOMBO 4k MADRAS ALSO MALOIVIS WIIIIY ia/FCI SERVICE FROM PENANG/PORT KIAN6 Agssts: GAJAN NOIDIN6S SDN IN* Til: 03/*****71
      108 words
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      718 44 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: AJma Ata. Ashkhabad, Baku, Dushanbe, Militzer Muich Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, International rotwofdofp Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO fcOCTPTW "mm m, AMCA, SANTIAOO,
      718 words
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      Page 44 Advertisements Column 2
      428 44 I ASIA HKG/TWN/BKK GENOA/EUROPE I j m M m !S g 2«8 3 w HKGjnaummH IMMMHM* 2&8 27/8 28fl —=2 22 ±2 Genoa/Barcalona/Maraaillw 21/8 22/8 23/B I a, JW/KOWEA/miMLA XIAMEN/BEUING Manllatobu 23/8 24/8 25/8 TokyoAha/Yoko 26/8 27/8 28/8 I AUSTRAUA/WEW ZEALAND 27/e 2a* 25/8 26/8 27/8 Brls USA/CANADA I 25/8
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      Page 44 Advertisements Column 3
      232 44 SOUTHERN AFRICA SERVICE direct mqmthi v aamrn "•s* w sm n n mm a ARIA V 122 SID SID SID SU) 25/01 02/09 TWVI23 U/09 21/09 29/09 12/10 U/10 25/10 •Alto calls E.L. P.E. MALAYSIA AGBfTS: r PORTKBANG TG. MAN 1H:M***** TR.MS2BI SUB AGBfTS: KOttKMABAUI UMVUJ 1&23D917 TR: *****6 (FOREST
      232 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      112 45 REGIONAL WEATHER LEGEND: R Thunderstorm Temperature V Shower Weather —S Wind Erection with speed in knot* ee Rain Cloudy Sky Wov heij^t SerJjce wmdf ere «fc»ted by arrow wfcidt fly wrtfc'A* wind Or* represent, cakn aright and vanaWe wind. W One hatf fleche 5 knot* I— One Hd fleche represent,
      112 words
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      191 46 ShippmgTimes asimiepiterranean rate agreement RATE RESTORATION ON 10CT 1998 of the Asia Mediterranean Rate Agreement recently undertook a comprehensive review of developments in the trade during 1995. Tr «da Volumaa have increased especially for the West Mediterranean, whose growth in cargo volumes during first half of 1995 was 1994 Unes
      191 words
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      Page 46 Advertisements Column 2
      58 46 M.V. "ORIENTAL SUNRISE" VOY. 1 ARRD I4TH AUGUST 1995 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 24th August 1995 0900-1200 hours at PT4. No further survey will be entertained thereafter. As A genu: "K" Line Kinkai
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