The Business Times, 16 November 1995

Microfilm: NL20493
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 THEBUSINESSTIMES MITA(P) 194/12/94 SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, NOVEMBER 16, 1995
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  • Article
    MARKET SUMMARY
    70 1 wm sra U 2jmi% (+0.16) wmnooMP U (+2.94) Q 53H+161) Q UURHOOIk STOCK MAMET IKDiCBS Tirwltr Ckutt 8TH .2.067.16 +6.16 KLSECOMP .885.47 *IUI NIKKEI 17,682 74 -***** HANG SENG 9,431# +24.01 SET INDEX 1,175.0# -17.76 JAKARTA COW 460.81 -6.84 MANILA COMP 1415-26 -25.15 TAIPH WP!~ 4,668.70 -tU7 SEOUL
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  • Article
    FINANCE
    73 1 EXCHANGE BATES US* St U8I 1.411 1 LML UN DM 1711 1.006 YIN JJN. 1J87 ML MR ..1.5*7 HKI •.129. tin BAjrr UN ease Rl'PlAH IN MM 0.0C2 PUB USB SINGAPORE* .144 KUALA LUMPUR ...7.S6 JAKARTA 17.M BANGKOK I1W MANILA 11.W HONOKONO Ml TAIPEI JJ9 SIDNEY 10.71 TOKYO 1M
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  • Article
    More wafer plants – Tech's US$8b plan
    625 1  - More wafer plants Tech's US$8b plan Planned in vestment is in addition to Sslob recently announced by Chartered Semicon By\ Lee Han Shih, Soh Tiang Keng [SINGAPORE] Singapore has again raised the ante in the competition with Taiwan and South Korea for the next high ground in the electronics industry
    625 words
  • Article, Illustration
    Lock icon US govt shutdown may cost travel agencies here millions
    423 1  -  Many depend on the peak Nov-Dec school holidays for up to half of their revenue By. Ang Wan May [SINGAPORE] The US Embassy's consular service here, which includes issuance of visas, was temporarily closed yesterday, creating difficulties for Singapore travellers planning
    CHRIS LOH  -  423 words
  • Article, Illustration
    Lock icon Thai stock investor shoots himself
    241 1 Reuter [BANGKOK] A peaceful protest yesterday by scores of local investors at the Thai stock exchange to voice their unhappiness at the bourse's recent sharp decline was punctuated by a man who shot himself in the throat. Vivat Srisammacheep, who claimed to have lost 30
    Reuter; REUTER  -  241 words
  • Article
    Horiguchi Engineering may have to abort two acquisitions
    368 1  -  Deals hinge on securing approvals for rights issue to finance them By. Jenny Lam [SINGAPORE] Sesdaq-llsted Horiguchi Engineering, suspended since last Thursday, may have to abort two of the acquisitions It announced recently. The company yesterday announced that they are subject to
    368 words
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      Page 1 Advertisements Column 1
      133 1 BBBDE Bulldozers rue pockets of tranquility In the East Coast area, I*4 i%t-. v- V*» jreWSYAUJE m mw appears to be minimal so far jmr tmtmm this pg. Looks like SES has come down hard on HoriguchL Likely to sober up the takeover frenzy in general. Tkai aarkst's fall iraws
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      Page 1 Advertisements Column 2
      33 1 A 4 .1 "•V-. .n v >1 \L I U >L H•'> \l< U iu i 1 \M H;n U H ■N"W V* In* iII (IS \i vi M |,tt) i]i i, f
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Pricey Aussie homes come with sweeteners
      332 2  -  Pine Valley Grove developer throwing in Mercs and golf club memberships for 30 bungalows By Michelle Low A SINGAPORE-LED group of investors developing bungalows in Western Australia are throwing in sweeteners to lure buyers a Mercedes and golf memberships for free. But the properties
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    • Article
      Four firms chase MobileOne's $200m supply contracts
      307 2  -  By i Genevieve Cua FOUR cellular equipment suppliers are vying for contracts worth over $200 million to be awarded by Singapore's second mobile phone operator, Mobile One Asia, next month. The Business Times understands that Mobile One is studying proposals from Nokia, Motorola,
      307 words
    • Article
      World's top tech execs in S'pore to give tips
      170 2 THE Chief Technology Officers (CTOs) from 13 of the world's top companies are in town to discuss ways for Singapore to improve technological development for sustained economic growth. The research and development executives are here at the invitation of the Economic
      170 words
    • Article
      CAD working out details of Leeson's return
      234 2 THE Commercial Affairs Department (CAD) said yesterday it is working out details of the transfer of custody of Nick Leeson to Singapore. Leeson's Singapore lawyer John Koh told The Business Times that given the earlier-than-expected decision by the German government to extradite his
      234 words
    • Article, Illustration
      Lock icon Order-book blues hit manufacturers
      325 2  -  E7E ON THE ECONOMY BUSINESS EXPECTA77ONS By* Jennifer Lien Manufacturers are growing less optimistic about their business outlook, judging by the Economic Development Board's latest survey of business expectations. The survey found that a net balance of 18 per cent of manufacturers forecast a rise in
      SOurce:; FRANCIS  -  325 words
    • Article
      Food court manager gives assurance of commitment
      315 2  -  It says problems in Chongqing a result of teething difficulties By 1 Teh Hooi Ling THE management consultant to China's first Singaporestyle food court and entertainment centre said yesterday it was committed to ensuring the smooth running of its food court operations in
      315 words
    • NEWSRoundup
      • Article
        Ties with South Africa upgraded
        62 2 SINGAPORE has upgraded its representation In South Africa from a consulate to a high commission. The upgrading reflects the growing relations between thetwo countries, the Ministry of Foreign Affairs said yesterday. The Singapore High Commisaion has also been relocated from Johannesburg to Pretoria. Singapore's Roving
        62 words
      • Article
        SBS Leisure's luxury service
        105 2 SBS Leisure, a unit of Singapore Bus Service, is launching a swish new passenger servtoe, Cityiink Direct, which will start rolling on Nov 27. Initially, it will run two services. No 11 will operate between the World Trade Centre and Bugis Junction via Tiong Bahru and
        105 words
      • Article
        Corrections and clarifications
        60 2 IN THE article "S'pore Telecom sets up unit in Japan to tap data services" (BT Nov 15), it was mentioned that Telecom holds a licence to resell data communication services through international leased circuits. Telecom has clarified that it does not hold a licence. Its subsidiary International
        60 words
    • Article
      Fair game for the fairer sex?
      429 3  -  AT THE BAR Tlie first women lawyers' conference In Asia-Pacific By( Conrad Raj IMAGING anyone organising a forum just for male lawyers. "With the current mood of women organisations, it's bound to incur the ire and wrath of not only women lawyers but women
      429 words
    • Article
      Productivity: innovation and quality the twin focus
      527 3  -  Singapore most continue to outperform the developed nations, says BG Lee By* Anna Teo THE next phase of the productivity movement will be a fiveyear campaign centred on quality and innovation the twin engines of the Singapore economy as it enters the developed
      527 words
    • Article
      High output will help beat staff shortage, says winner
      274 3 Itwfflalsegh* STpore edge ever rivals Pen tex MD HIGH productivity will help the growth of firms hamstrung by Singapore's labour shortage, says an executive of one of the national productivity award-winning companies. The managing director of Pentex-Schweizer Circuits, Kik Teng Guan,
      274 words
    • Article, Illustration
      Zimbabwe's crucial role: PM
      161 3 ZIMBABWE could become a force for trade liberalisation and open markets in Africa, Prime Minister Goh Chok Tong said last night. Speaking at a dinner in honour of visiting Zimbabwean President Robert Mugabe, Mr Goh said that as a key player in southern Africa, Zimbabwe could
      161 words
    • Article
      Heng Mah gets creditors' nod to stay in business
      151 3 HENG Mah Construction Pte Ltd stepped back from the brink of liquidation yesterday when unsecured creditors accepted its offer of 70 cents to the dollar. The company, which is in receivership, offered to pay 30 per cent of the amount owed
      151 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      117 2 .j i Residential Land for Sale At Ewart Park A rare opportunity to acquire a prime residential site of approximately 47,000 sq ft in an exclusive firstclass bungalow area in a quiet and attractive neighbourhood. Also approved for sub-division and sale as 3 independent bungalow plots of approximately 15,000 sq
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      Page 2 Advertisements Column 2
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Bulldozers raze pocket of tranquility in Kew area
      748 4  -  ESTATE DEVELOPMENT: EAST COAST FACELIFT Will the new leasehold projects give a boost to prices of older freehold properties? By Agnes Wee [SINGAPORE] THE Kew Drive and neighbouring Bedok residential estate in district 16 used to be a sleepy enclave with a
      ARTHUR LEE  -  748 words
    • Article
      House Hunt
      763 4 Property transactions in Districts 15 A 16 (42-48 under the new code) fhm mid Sept Project name/ Prop Contract Tenure Price Floor Street name type date area (InSfOOO) (in S3) <* ft > District 15 Landed Ernani St 1-Ter 16-Sep FH 821 588.9849 1388.04 Eteritt Road 3-Ter 22-Sep
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      85 4 "Perfection in automotive HBBjNHH design and engineering doesn't just happen. space a few Lexus the luxury automobile has taken the world by storm. Discerning luxury car and motoring H journalists are singing its praises and in Singapore Hk\wl Mil I L is no exception. Lexus was destined to be a
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      16 4 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute.
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  • SOUTH-EAST ASIA
    • Article
      Indon, M'sia, Thai and HK central banks to sign mutual help pact
      410 5  -  KUALA LUMPUR Agreement aims to improve central banks'ability to intervene in currency markets By] Ho Kay Tat CENTRAL bank governors from Indonesia, Malaysia and Thailand will meet in Hongkong next Monday to sign an agreement aimed at improving
      410 words
    • Article
      Bourse to decide fate of Sun Hung Kai Securities
      282 5  -  JAKARTA looking firm foils to pay fall proceeds of Huron's IPO By] Maggie Ford THE Jakarta Stock Exchange is expected to make a statement today over the future of Sun Hung Kai Securities' Indonesian branch, which has failed to pay the
      282 words
    • NOTEBook
    • Article, Illustration
      Lippo believes rumours of trouble abating and worst will be over soon
      242 5  -  JAKARTA By] Maggie Ford SENIOR executives of Indonesia's Lippo group believe the rumours which hit confidence in the group are abating and the worst will soon be over. Concern has focused on the debts of Lippo's property arm
      242 words
    • Article, Illustration
      Mixed signals
      468 6  -  APEC INSIGHT Ho consensus in sight despite approaching summit By Yang Razali Kassim OME optimists in Osaka M had expected Apec's 1 action agenda for free trade by 2020 to be wrapped up by last 1 night. In fact, word came W out as early as Tuesday J
      468 words
    • Article
      Lock icon ADB meeting can't agree on how to deal with US
      163 6 AMSTERDAM AFP OFFICIALS from the 56-mem-ber Asian Development Bank failed to reach an agreement here on Tuesday on how to deal with Washington's refusal to pay its contribution next year, which could cripple bank lending. ADB director of strategic affairs
      AFP  -  163 words
    • Article, Illustration
      Lock icon A sign of warmer Viet-German ties
      59 6 [HANOI] A Vietnamese man pedalling past a huge German/lag and a sign welcoming German Chancellor Helmut Kohl in Hanoi yesterday. Mr Kohl is expected to arrive today in Vietnam on a landmark visit. His visit comes just months after Bonn signed a deal with
      REUTER  -  59 words
    • Article
      Lock icon Perry shocks by calling for Apec to be expanded to a defence forum
      317 6 OSAKA Japanese rebuff the idea saying time is not yet ripe Reuter US DEFENCE Secretary William Perry yesterday threw a bombshell into the Apec summit when he said the Asia-Pacific trade group should be expanded to a
      Reuter  -  317 words
    • Article
      Lock icon Apec region may post 3.1% growth this year: panel report
      281 6 OSAKA Reuter THE Apec (Asia-Pacific Economic Cooperation) region is likely to post average real growth of 3.1 per cent in 1995, only slightly below the 3.5 per cent in 1994, the Apec Economic Committee said in a report. Inflation in
      Reuter  -  281 words
    • Article
      Lock icon 75% of Philippines in a state of calamity
      173 6 MANILA AFP ABOUT 75 per cent of the Philippines is in a "state of calamity" following a series of natural disasters this year, the official National Disaster Coordinating Council (NDCC) said yesterday. The entire main island of Luzon and the central islands
      AFP  -  173 words
  • Page 5 Advertisements
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      30 5 Over 25 oveaMpigF will present iheflßtt|MnH mk <V^ AT THE ORC HA»Mj|L fnHIUIOAO, Admission and their professional programme of free 40 mine place sim ultan<4H^^#^i^^BiMßß^ OPEN: 12 Supported by consuitants
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      Page 5 Advertisements Column 2
      174 5 The SIA Cargo 8747-400 Mega Ark now flies to the Windy City the gateway to the entire U.S. Mid-West Chicago is the latest U.S. city to experience the wind of change. In the shape of the largest, most advanced commercial cargo aircraft in the world. This once weekly service leaves
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      214 6 or c lour End i harmony, Hp *^VH| hospitality I i& IsJii! 1 Ip^ffll captured in a unique kotel. Tke nr Hotel Inter-Continental Singapore mmwKKmm«M old world ckarm. You'll find eckoes of Singapore's Wt m keritage in our magnificent ■£5 frontage, a row of skop-kouses restored as an integral part
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      Page 6 Advertisements Column 2
      151 6 AGT's new hi-tech light weight golf bags with personalised name compartment. Every bag is fitted with our new EAGLE'S NEST golf club racks from the U.S.A. Unbreakable light weight and professional mounting. Well balanced height so that your golf bags are still balanced when you sling them up. Easy to
      151 words
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      Page 6 Advertisements Column 3
      89 6 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      89 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Hard reality about soft landing
      801 7  -  CHm A WATCH Bering's biggest concern is keeping Inflation under control By Lu Ning AS BEIJING settles in for winter, a new struggle is heating up. The battle lines have been drawn, with a powerful politburo member and his allies pitted against a group of
      ALLAN  -  801 words
    • Article
      Lock icon Record rate subsidy indicates inflation may be rising
      302 7 BEIJING Bat China still likely to achieve target of 15% retail price inflation this year Reuter CHINA'S record 13.24 per cent interest rate subsidy for December, on deposits of three years and above, signals an upturn in inflation for the last two
      Reuter  -  302 words
    • SINOBrief
      • Article
        Lock icon Yuan under depresiation pressure
        40 7 Reuter Official statistics showed China's export coit is already at 8.4 yuan against the USdoßar;.while the exchanferote was still at 83 vs the dollar thankstofhe bank's interv#»tion, the Business News quoted Professor Chen Biaoru as saying.
        Reuter  -  40 words
      • Article
        Lock icon China drafts new bankruptcy law
        67 7 Reuter [SHANGHAI] China has drafted a new bankruptcy law to be submitted to the National People's Congress, its parliament, for discussion in December, the Shanghai Securities News said yesterday. The new law was designed for a market economy and it will replace the current one
        Reuter  -  67 words
      • Article, Illustration
        Lock icon Hard-pressed for business?
        36 7 Reuter [BEUING] Printing press sales clerks waiting to demonstrate their new machine yesterday at a printing and product presentation exhibition in Beijing. Above them was a banner advertising their company's name and location.—.Renter
        Reuter  -  36 words
      • Article
        Lock icon Beijing courts trying more cases
        77 7 Bloomberg Business News [BEIJING] Courts at all levels in Beijing are hearing more cases involving intellectual property rights, the government-owned China News Service reported. The President of the Beijing Municipal Higher People's Court, Sheng Liangang, said that Beijing courts handled 371 such cases in 1994,64.2
        Bloomberg Business News  -  77 words
    • Article
      Lock icon Kohl playing army card, say analysts
      204 8 BEIJING His con tnwersial visit to a PLA unit was with post-Deng era in mind, they say AFP GERMAN Chancellor Helmut Kohl's controversial visit to a Chinese military unit is a well calculated long-term bet aimed at improving Germany's position here politically and economically,
      AFP  -  204 words
    • Article, Illustration
      Lock icon Lee faces party bigwigs in poll
      195 8 TAIPEI Reuter A POLITICAL rift in Taiwan's ruling Nationalist Party widened yesterday when two party vice-chairmen announced they will challenge President Lee Teng-hui in the island's inaugural direct elections next March. Former premier Hau Peitsun told a press conference he had agreed to be
      Reuter; AFP  -  195 words
    • Article
      Lock icon Locals to be allowed to trade in foreign shares
      121 8 TAIPEI Reuter TAIWAN'S Council for Economic Planning and Development (CEPD), in a move to liberalise its securities industry, plans to allow Taiwanese to buy and sell foreign securities, a CEPD official said yesterday. Local securities brokerages will represent domestic individuals in
      Reuter  -  121 words
    • Article
      Lock icon China sets up semi-official investment body
      253 8 BEIJING Organisation to fund infrastructure projects Reuter A GROUP of 43 leading investment agencies has formed a new investment association to inject funds into infrastructure and industrial development in China, officials said here yesterday. The semi-official group, the Investment Association of China (lAC), made
      Reuter  -  253 words
    • Article
      Lock icon China yes to independent brokers
      233 8 SHANGHAI Reuter CHINA issued a set of rules on brokerage activities allowing individuals to be independent brokers for the first time. The rules take effect immediately. Anyone can apply to the industry and commerce departments to be brokers, and their commission income is legal, according
      Reuter  -  233 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      271 7 LONGINES The new Golden Wing J^^^^^HHpKp^^£^HP^ a l^^99xOTS|pf^ r collection by Longines X 2. is a creation of infinite W /iMumUrpW j beauty and magic which Longines'winged hourglass, r \^r a symbol of perfection H in time measurement and the marvel of creation. Recommended Retail Prices: I Ladies (L 3.106.511.6-
      271 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      158 8 THE UNIVERSITY OF HULL England 1927 I INVESTMENT AND FINANCE MBA §7 'OVER tOOO MANAGERS AND EXECUTIVES ALREADY ON Hull's MIA PROGRAMMES IN SINGAPORE" Highly innovative 18-month programme First specialist MBA in Investment and Finance in the region 7 modules 336 seminar hours 100% in Singapore through distance teaching 100%
      158 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      157 9 I y The power to set hearts racing. 4 W r Sr. The Saab Turbo. £< The new Saab 900 Turbo takes you to a higher plane. Giving I you instant power when you need it. Its thoroughbred ft I performance (263 Nm at 2100 rpm) born out of Saab's
      157 words
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  • ASIA
    • Article
      Lock icon Strike at CRA seen to engulf Aussie industry
      229 10 SYDNEY Reuter INDUSTRIAL action looks set to rock Australia over the next few weeks as a showdown between Australian mining giant CRA Ltd and the unions blows out of control. The unions said yesterday strike action by CRA's 3,000 coal miners, who
      Reuter  -  229 words
    • Article
      Lock icon Japan's jobless rate is about 6%, says minister
      463 10  -  TOKYO Fignre is almost double govt's official rate, business executives told By Anthony Rowley Compiled by BT BCRUZ JAPAN'S real unemployment rate is nearly double the stated official level of 3.2 per cent, a senior government minister said yesterday. Economic Planning Agency
      Compiled by BT; BCRUZ  -  463 words
    • Article
      Lock icon Significant Australian economic data out today
      210 10 SYDNEY Reuter AUSTRALIAN economists will receive three sets of data today that are unlikely to lead to a frenzied market reaction, but are nevertheless important as pieces of the overall economic picture. September quarter company profits, final August quarter wages data and September housing
      Reuter  -  210 words
    • Article
      Lock icon S Korea to open 48 new sectors to foreigners
      179 10 SEOUL Five-year plan aimed at improving competitiveness AFP SOUTH Korea yesterday unveiled a plan to open 48 new business sectors to foreign direct investment over five years starting in 1996. The new liberalisation programme would include 32 businesses from the service
      AFP  -  179 words
    • Article, Illustration
      Lock icon Roh grilled again amid talk of imminent arrest
      244 10 SEOUL AFP Reuter FORMER South Korean president Roh Tae Woo presented himself for further questioning yesterday on the illegal millions he amassed while in office amid rampant speculation that his arrest was imminent, possibly today. State television reported prosecutors would grill Mr
      AFP; Reuter; REUTER  -  244 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      308 10 m TH <^po Es Nfliiia Smart Choice LIFESTYLE KteWOrt»i«».lh»iust a a»iltc«i BsSmnMoney. ryr I IiCIUC EawLUwlVk w M t i t j j t impm bank brandte and ATMS anywhere in the world. ("too. uke pan in Ihi. moMh'j «l whid, The winner gets to choose from these three smart
      308 words
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  • THE WORLD
    • Article
      Lock icon Markets risk loss of US economic guideposts
      428 11 NEW YORK Situation caused by partial government shutdown over budget dispute Reuter A PITCHED political battle in Washington DC that on Tuesday led to a partial government shutdown could leave financial markets without many of the guideposts that typically guide short- and long-term
      Reuter  -  428 words
    • Article
      Lock icon US 'disinvests' US$61b to avoid defaulting
      204 11 WASHINGTON Bloomberg Business News TREASURY Secretary Robert Rubin yesterday invoked special authority to withdraw US$6l.3 billion (5186.4 billion) from retirement trust funds to make interest payments on the federal debt in the absence of congressional borrowing authority. "We are not going to break our
      Bloomberg Business News  -  204 words
    • Article
      Lock icon US economic growth likely to slow to 2.4%
      153 11 U WASHINGTON Bloomberg Business News US economic growth will slow to a 2.4 per cent yearly pace in the October-December quarter from a 4.2 per cent rate in the previous three months. A National Association of Business Economists (NABE) survey, released yesterday,
      Bloomberg Business News  -  153 words
    • Article
      Lock icon Soon: Smarter programs to help businesses
      275 11 LAS VEGAS Bill Gates outlines vision to help corporate world plug into Internet Reuter MICROSOFT Corp chairman Bill Gates has outlined a vision of the future in which intelligent, animated characters help users of the company's business applications link their work to the Internet.
      Reuter  -  275 words
    • Article, Illustration
      Lock icon Securing their system
      28 11 [PARIS] French trade unions marching through the Montparnasse district yesterday. They were demonstrating in favour of maintaining a strong social security system in France. REUTER
      REUTER  -  28 words
    • Article
      Lock icon Bundesbank shaves base repo rate to 3.98%
      88 11 FRANKFURT AFP THE Bundesbank yesterday shaved its base repurchase rate by two basis points to 3.98 per cent under a 14-day arrangement. The bank withdrew a net amount of 1.1 billion Deutschemarks (Ssl.l billion) providing 50.8 billion marks, most of which was made
      AFP  -  88 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      109 11 Less than 0.1 of you will i have a chance to own a new i Holden Calais for only $146,300. I Our apologies to everyone else. v jn 1 mm %">■& ■p r B II 188 II m N mm I**l --II II II 4 II s.( 1 i 1
      109 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      China's tax changes add to confusion
      785 12  -  THE BOTTOM LIKE OPINION By Khaw Wei Kang The writer is managing director ofa firm which specialises in providing language training and related services to companies. CHINA'S latest decision to "re-adjusf corporate tax incentives applicable only to foreign investors has added confusion to a
      785 words
    • Article
      IN OTHER WORDS
      172 12 'I'm tired of this issue. It's hard to grasp what's really happening and predict the impact on the currency market' Masahiro Yamagnchi manager for foreign exchange at Tokai Bank as White House officials and Republican leaders decided to hold further talks on a temporary spending Bill. The
      172 words
    • Article
      China's WTO prospects looking up
      479 12 EDITORIAL WHEN US Deputy Trade Representative Charlene Barshefsky ended her talks in Beijing over the weekend, there was something conspicuously missing the acrimony that had thus far characterised negotiations between the two trading partners. To be sure each side continued to put their respective spin
      479 words
    • Article, Illustration
      Cheap politics hides reality of race issue
      952 12  -  Playing the ethnic card in Aussie politics could have dangerous consequences Tye Kim Khiat THE current race debate with Asians caught in the middle unfolding in the lead-up to next year's election in Australia is developing a very dangerous resonance because it distorts
      952 words
    • Article
      WHAT THE OTHERS SAY
      841 12 CHOOBTs vigour THE recent CHOGM in Auckland saw the 46-year-old body reinvigorated. In line with the Harare Declaration made in 1991 CHOGM, member country Nigeria was strongly criticised for its human rights violations over the recent hanging of nine political activists. A watch group was also
      841 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      88 12 DOONESBURTBy Gary Trudeau MR SPEAKER, I HAVE LON6 UEJQQ /715 BAP ENOUGH TV CUT THE uJOtUJ? mA C BEEN PRC*IP TO CALL MYSELF ANPAS A CONSERVATISM ERA'S BUPGET &YA THIRD (BUT SPFAKFJ? IT 5 A AN ENVIRONMENTALIST. AFTER I'M OUTRA66PPY THfSNAKEP U 0Y WHOSE AUTHORITY POUJE rAPPrn RBVOLU" J ALL,
      88 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      671 13 froductivity means more, M V 1 J 1 sales professionals and technical staff, our successful JL. I B B B B M V V-FJLA mix of people are mobilised to ensure that every project produces optimum results. your point OX View. Less is indeed more Jfe Our results have been
      671 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      251 14 t' X&K* i^^BThe United APBC Equity Fund is a THE POTENTIAL OP APBC you apply between 17 Dec 2995 and 15 Peb W€Mtt O*ITED new unit trust which is designed to Comprising economies on both sides 1996, you can enjoy aJ% discount 40 the lENIMO TOU invest in the economies
      251 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon From Britain with love
      714 15  -  Goldeneye's producers may have settled on a BMW, but 007 tells CHRISTOPHER TAN that he'd rather have a British set of wheels CHRISTOPHER TAN Hi. The name's Bond. Which way's the bathroom? Driving a convertible can be murder on the hair, you know. Was that your
      ARTHUR LEE  -  714 words
    • Article
      Borneo Motors cruises on the Net
      390 15  -  By i Christopher Tan CAR traders Borneo Motors powered down the information superhighway yesterday with a web site presence on Asia Online to coincide with its launch of the new Lexus GS3OO. It is the first car trading company in Singapore to have an
      390 words
    • Article, Illustration
      Lock icon Carrington may give Pryce a major stab at fame
      738 15  -  PROFILE Playing the Victorian homosexual essayist has already bagged him a Cannes award John Darnton IHT LOOKING somewhat dishevelled and with his hair unkempt during a visit to America last summer, Jonathan Pryce was browsing in a store on the East
      IHT  -  738 words
    • Article, Illustration
      Lock icon Paul sings a mellow tune about the Beatles
      656 15  -  MUSIC By] Robert Hilburn LA Times AFTER the breakup of the Beatles in 1970, Paul McCartney thought of naming his first album I'm the One It Hit the Most because he was so devastated by the split. Today, however, he looks back
      LA Times  -  656 words
    • CHAŢERBox
      • Article, Illustration
        Lock icon M gest a push
        38 16 AFP A LIFE-SIZE figure of composer Wolfgang Amadeus Moasart, weighing more than three tonnes, being hauled into Sotheby's auction rooms in London yesterday. The marble sculpture is expected to fetch around £60,000 (S$132,000). AFP
        AFP  -  38 words
      • Article
        Lock icon Anthony Quinn made to pay for affair
        59 16 Reuter A US judge on Tuesday ordered actor Anthony Quinn to pay his estranged wife (554,935) a week plus her expenses for the upkeep ofapoeh Manhattan apartment and a villa in Italy. Quinn's wife lolanda, 61, is seeking to divorce the actor because
        Reuter  -  59 words
      • Article
        Lock icon The Famous Five go to the marketplace
        72 16 AFP The Famous Five, Noddy and other fictional creations of author Enid Blyton were put on the market on Tuesday. Biyton dledln 1968wttb more thanTOO titles to her name. The film, book and merchandising rights—currently owned by Darrell Waters Ltd—are now being sold
        AFP  -  72 words
      • Article
        Lock icon Julia Roberts and hubby together again?
        63 16 UPI ACTRESS Julia Roberts and singer Lyle Lovett may be an item again. They were together on Monday night in Beverly Hills at the annual Fire Ice Ball, a benefit for the Revkm/UCLA women's cancer research programme. Roberts, 28, and Lovett, 38, separated earlier
        UPI  -  63 words
    • Article, Illustration
      Lock icon Aussie tour set, Norman is in
      721 16  -  SPORTS Yet all is not rosy in Australasian golf with three events being cancelled Hy Robert Smith AFP THE Australian golf tour tees off this week buoyed by four guaranteed tournament appearances from world No 1 Greg Norman, a joint venture with the European
      AFP  -  721 words
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      Page 16 Advertisements Column 1
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      Page 16 Advertisements Column 2
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      192 17 wmre io wine, dine and entertain r ••••••••••••••••a• I KINTAMANI I -INDONESIAN RESTAURANT- introduces his "AYAMISI V xll KINTAMANI"- >JB| e stuffed Chicken with ll* Eggs Vegetables Those who have tested ft, keep comity for more. BiflULSuQiiiyiMiiAiilJKJS9SuBiiiUH2ul*il«l BUFFET LUNCH DINNER 12.00 pm 3.00pm 6.30 pm -10.30 pm Adult: SlB 00+++
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      Page 17 Advertisements Column 2
      182 17 Please the Huhertus Grill we're uieJ V to taking care of people from all walkn of life. Thankfully our •teak*, ribs, fish, toupi an J of course cralw, leave them I very contented afterward*. Even a little fed-up. A ANA HOTEL SINGAPORE 16 N...... Hill. S.nt.y.c 1025 T.1. r t.»..
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      Page 17 Advertisements Column 3
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      233 words
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      Page 17 Advertisements Column 4
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      194 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      732 17 TV&RADIO r<a> an 4JO Super Dave. 130 AM Close. LOO PM M.O.G. as Seen on TV Music Videos. MO Sell-a-Vision. -wwm MO Lilt Off. §j§ see Friday's Schedules. 0-00 AM Morning News/CNN. M 0 Shining Time Station. 1030 Life Choice. r COO At the Zoo. fflMMw MMi ILOO Berita Semasa.
      732 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      126 17 fIWWC CROSSWORD 31 Animal barring the way for a pedestrian (5-8) 15 Thread starts to burn in the YESTERDAY'S SOLUTION 2 Shows the flag? (7) flames (5) 3 Annoy an informer (4) 16 The English opening used in a 4 Leaning over he upset Nigel tournament (5) [(WW 5 Stiff
      126 words
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      71 words
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  • COMPANIES & MARKET
    • Article, Illustration
      Lock icon Number of share owners up sharply over last 20 years
      255 19  -  CPF investment scheme and govt's campaign to promote share ownership reasons for rise By] Paul Leo [SINGAPORE] Public ownership of Singapore-incorporat-ed companies has jumped sharply over the last 20 years, a report in the latest issue of the Stock Exchange
      Source:; BCRUZ  -  255 words
    • Article
      Isetan banking on new $10m Tampines store
      295 19  -  By, Jenny Lam [SINGAPORE] Mainboardlisted retailer Isetan Singapore ijL banking on its new TampiiK9 gtofe, opening this Saturday, to help bring extra Christmas cheer. The group, which lost $15.3 million last year, hopes the new store will boost its overall turnover by some
      295 words
    • Article, Illustration
      Telkom flotation drives home a lesson in bargaining
      738 19  -  hock lock siew By Maggie Ford INDONESIAN ministers may now be reflecting that the world of international high finance, with all its computers, statistics, accounting principles and highly-paid personnel, is not all that different from the nearest bazaar. A lesson in bargaining
      738 words
    • Article
      SBS acquires 50% stake in inbound tour company
      307 19  -  Move seen giving transport providers new competition By. Ang Wan May [SINGAPORE] Singapore Bus Service Ltd (SBS) has diversified into the inbound tourist market. The company said yesterday that its subsidiary SBS Leisure had taken a half stake in tour operator Singapore
      307 words
    • Article
      Tenaga posts shock 28% fall in net profit
      217 19  -  From! Ruth Wong in Kuala Lumpur POWER utility Tenaga Nasional Bhd yesterday reported a surprise 28 per cent fall in net profit to M 51.24 billion (SS69O million) for the year ended Aug 31, from M 51.72 billion the previous year. Earnings
      217 words
    • Article
      Rolls-Royce in venture talks with STAe
      349 19  -  Proposed tie-np in aircraft parts gets boost from SlA's engine order Byi Conrad Raj [SINGAPORE] Britain's RollsRoyce, which has just won its biggest order from Singapore Airlines, is negotiating a joint venture with Singapore Technologies Aerospace. This was disclosed yesterday by Rolls-Royce chairman Ralph
      349 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Second liners are second to none these days
        406 20  -  Surge in penny stocks makes brokers and analysts wonder if it is just a flash or an emerging trend By Ven Sreenivasan [SINGAPORE] IS the surge in penny stocks, which began in late July, just an extended flash-in-the-pan or an emerging trend?
        Source:; JEN CHUA  -  406 words
      • Article
        Berjaya Leisure to buy Indah Corp for M$83m
        266 20  -  From Ho Kay Tat in Kuala Lumpur MALAYSIAN group Berjaya Leisure plans to buy resort developer Indah Corp for about MsB3 million (5546.2 million) from a company in which some Berjaya directors have an interest. Berjaya Leisure whose stock closed unchanged yesterday
        266 words
      • Article
        KL plans to introduce scripless trading in corporate bonds
        284 20 More fonds being raised in private debt securities market [KUALA LUMPUR] Malaysia plans to implement a scripless system for trading corporate bonds in anticipation of a more active private debt securities (PDS) market. The move comes as companies turn to bonds
        284 words
      • Article
        GPE Industries' offer 12 times subscribed
        200 20 [SINGAPORE] Electronics firm GPE Industries' main board float of 10 million public offer shares closed yesterday a moderate 12 times subscribed, a possible reflection of the current softer market sentiment. The response is somewhat mild, compared with other recent issues, such as coatings specialist
        200 words
      • Article, Illustration
        S'pore now a major base for Stanchart
        374 20  -  Asian operations account for 70% of bank's profits By\ Shiv Taneja [SINGAPORE] With 70 per cent of Standard Chartered Bank's profits derived from its Asian operations, Singapore has become the global headquarters for several of the bank's major businesses, chairman Patrick Gillam said
        374 words
      • Article
        Chemical Industries interim earnings up 32%
        174 20 [SINGAPORE] Chemical Industries (Far East) registered a 32 per cent increase in group net earnings to $2.81 million for the half-year ended Sep 30, from $2.13 million in the same period last year. Turnover rose 4.6 per cent to $13.9 million. Earnings per share
        174 words
      • COMPANYBriefs
        • Article
          SaperBowl unit buys Parklane shops
          56 20 [SINGAPORE! Superßowl Holdings' subsidiary, Super Funworld, is buying 13 retail units at Parklane Shopping Mall for $10.1 million from Tat Lian Holdings. Super Funworld is also buying 49 indoor games machines from Jackie Leisure World and 15 billiard tables and a pool table from Jackie
          56 words
        • Article
          General Securities' NTA at $2.04
          28 20 [SINGAPORE] Mainboard-listed General Securities Investments yesterday announced that its mymdfM consolidated net tangible asset backing per share was $2.04 as at Oct 31.
          28 words
        • Article
          Peter Boo sells MHE warrants
          48 20 [SINGAPORE] Material Handling Engineering announced that its director Peter 800 had sold 60,000 warrants, some at 52 cents each and others at 52.5 cents apiece. He also disposed of his indirect interest ofB,ooo warrants held by Songxing Investment Holdings at 54 cents each.
          48 words
      • Article
        UOB launches unit trust for Apec investment
        205 20 [SINGAPORE] United Overseas Bank yesterday announced the launch of its ninth locally registered unit trust and its fifth this year. The open-ended unit trust, United Apec Equity Fund, is managed by UOB Asset Management, the fund management arm of the UOB group, and
        205 words
      • Article
        Vicom chalks up 6.6% interim profit rise
        301 20  -  By i Christopher Tan [SINGAPORE] Newly-listed Vicom Ltd yesterday reported a 7 per cent increase in turnover and a 6.6 per cent rise in after-tax profit at half-time. For the interim period ended Sep 30, the vehicle-inspec-tion company did $3.95 million worth of
        301 words
    • FOCUS: BOEING'S SIA DEAL
      • Article, Illustration
        Lock icon Airbus reels from the blow
        501 21 European plane maker loses battle but not the war for market share Reuter NEWS that Boeing has won a record US$l2.7 billion (5517.9 billion) order from Singapore Airlines for 77 of its 777 widebody passenger jets makes it Boeing's year in its fight for market
        Reuter; FRANCIS  -  501 words
      • Article, Illustration
        Lock icon Massive strike threatens production of aircraft
        305 21 AFP (WASHINGTON] A massive strike at the Boeing aircraft company now in its second month may cripple the company's ability to deliver all the aircraft it had planned for this year, a company spokeswoman said on Sunday. There is "no way to know how
        AFP  -  305 words
      • Article
        Lock icon Boeing expects to sell 80 B777s a year
        542 21 Quick-growing long-haul markets may provide a niche Bloomberg Business News [DUBAI] Boeing Corp aims to have 500 of its new 8777 jetliners flying within five years, said Borge Boeskov, vice-pres-ident of product strategy. The Seattle aircraft maker on Tuesday won a US$l2.7
        Bloomberg Business News  -  542 words
      • Article
        Lock icon SIA order lifts Boeing's confidence
        232 21 Reuter [LOS ANGELES] Boeing Co said the U5112.7 billion (5*17.9 billion) order from Singapore Airlines for 77 Boeing 777 planes shows the all-new aircraft is starting to take ofF. "This was a very hardfought campaign and we're delighted to have it come out our way,"
        Reuter  -  232 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon New financing seen elusive for Hopewell
        247 22 Reuter [HONGKONG] Tycoon Gordon Wu's Hopewell Holdings Ltd needs to raise cash to cover cost overruns and interest expenses from various Asian infrastructure projects. But analysts said any fresh financing will be difficult as the company is overextended already. Hopewell is working on a
        Reuter  -  247 words
      • Article, Illustration
        Lock icon Internet software maker Netscape plans stock split
        326 22 2-for-l split will raise nnmber of outstanding shares to 81 million Bloomberg Business News [MOUNTAIN VIEW, California] Netscape Communications Corp plans to split its stock after the shares more than tripled since the Internet software maker went public in August. The 2-for-l split,
        Bloomberg Business News; Source: Bloomberg; ALLAN  -  326 words
      • Article, Illustration
        Lock icon Telstra CEO plays down warning of fall in profits
        262 22 Pre-tax profit likely to be Ass34m less than targeted Bloomberg Business News [SYDNEY] Telstra Corp chief executive Frank Blount yesterday played down the significance of a memo he sent to executives 10 days ago in which he warned that profit may
        Bloomberg Business News  -  262 words
      • GLOBALBriefs
        • Article
          Lock icon Disappointing Shanghai debut for 3 firms
          92 22 Bloomberg Business News [SHANGHAI] Three state-owned companies yesterday made disappointing trading debuts on the Shanghai stock exchange amid concern about their earnings prospects. Wuhan Cable (Group) Co opened trading at 12.50 yuan, falling back to 11.27 yuan, with 6.3 million shares trading hands. Sichuan
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Matsushita Electric posts 81b yen loss
          63 22 AFP [TOKYO] Japan's Matsushita Electric Industrial Co Ltd said yesterday it made a pre-tax loss of 81 billion yen (Ssl.2 billion) in the six months to September, reversing a 84.6 billion yen profit a year earlier. Sales declined 4.4 per cent to 3,221 billion
          AFP  -  63 words
        • Article
          Lock icon Japan to allow listing of subsidiaries
          55 22 Bloomberg Business News (TOKYO] The Finance Ministry and the Tokyo Stock Exchange have agreed to allow subsidiaries of privately held companies go public, the Nihon Keizai newspaper reported yesterday. Parent companies will have to disclose the financial health of their subsidiaries through annual reports
          Bloomberg Business News  -  55 words
        • Article
          Lock icon 3M to spin off some units
          32 22 Bloomberg Business News [ST PAUL, Minnesota] 3M will spin off its computer storage products and film businesses and scrap its audio and video-tape operation.—Bloomberg Business News
          Bloomberg Business News  -  32 words
        • Article
          Lock icon Japan to allow listing of subsidiaries
          37 22 Bloomberg Business News [TOKYO] The Finance Ministry and the Tokyo Stock Exchange have agreed to allow subsidiaries of privately held companies go public, the Nihon Keizai newspaper reported yesterday.—Bloomberg Business News
          Bloomberg Business News  -  37 words
    • FINANCE & COMMODITIES
      • SMALLChange
        • Article
          Lock icon Taiwan eases non-NT$ collateral rules
          44 23 Reuter {TAIPEI] Taiwan's Finance Ministry has decided to allow with immediate effect qualified foreign-currency securities and certificates of deposits to be deposited in banking institutions for use as collateral in seeking loans, effectiveimmediately, the ministry said in a statement.
          Reuter  -  44 words
        • Article
          Lock icon Cost-cutting at Nippon Credit
          49 23 Bloomberg Business News [TOKYO] Nippon Credit Bank would cut the number of employees to 2,000 from 2,600 and limit wage increases by introducing a performance-related pay scale, NHK News said yesterday. The bank will also sell real estate assets to generate cash. —Bloomberg Business News
          Bloomberg Business News  -  49 words
        • Article
          Lock icon DBS among 11 in US$175m Shanghai loan
          61 23 Bloomberg Business News [SHANGHAI] A consortium of 11 banks including the Commonwealth Bank of Australia, the Development Bank of Singapore and Japan's Sumitomo Bank would lend US$l75 million (***** million) to Shanghai Golden Light Real Estate Co to build a 17,500 sq m
          Bloomberg Business News  -  61 words
      • Article
        Lock icon Japanese banks' interim profit up 36%
        428 23 Pre-tax rise makes write-offs less painful but soar-loan woes far from over Bloomberg Business News [TOKYO] Japanese banks would report a 36 per cent increase in pre-tax profit for the half-year ended Sep 30, earnings that were making it less painful for them to
        Bloomberg Business News  -  428 words
      • Article
        Lock icon Fed queries Japan banks
        82 23 Bloomberg Business News [NEW YORK] The New York Federal Reserve Bank has asked US units of Japanese banks to submit data on how they raise capital so it can step in if they have trouble raising cash. The authority is concerned the banks may sell their
        Bloomberg Business News  -  82 words
      • Article, Illustration
        Lock icon LCE-Liffe deal ends CSCE merger hopes
        463 23 Reuter [NEW YORK] The merger of the London Commodity Exchange (LCE) and the London International Financial Futures and Options Exchange (Liffe) effectively quashed a bid by the New York Coffee, Sugar and Cocoa Exchange (CSCE) to acquire its British competitor, a CSCE board member
        Reuter; REUTER  -  463 words
      • Article
        BII first Indon bank to get long-term offshore loan
        307 23 Bank Indonesia Interaasional's USs2sm deal has seven-year tenure BANK Indonesia Internasional, the listed flagship bank of the Sinar Mas conglomerate, has become the first Indonesian bank to obtain a long-term offshore loan. The US$25 million (5*35.25 million) deal, arranged and lead-managed
        307 words
      • Article
        Lock icon Oil firms urge Jakarta to provide incentives
        152 23 AFP [JAKARTA! Indonesian and US oil executives have asked the government to boost incentives for investment in oil and natural gas exploration, reports here said yesterday. "This incentive package should include consideration of adjustment of tax consolidation policies," David Jhirad, the deputy assistant
        AFP  -  152 words
      • Article
        Lock icon Traders expect Opec output freeze but are wary
        317 23 ENERGY REPORT Reuter [LONDON] Oil traders seem to be unanimous in expecting Opec to stick with its current production quota regime when the producer group meets next week in Vienna. But there are also jitters that the current becalmed market could get
        Reuter  -  317 words
      • Article
        Lock icon CURRENCY REPORT
        163 23 Reuter AFP THE dollar stabilised at lower levels in midmorning trade after falling sharply overnight. An analyst said: "There was a bit of a lag effect, with non-US investors getting a little more worried over the dollar and the possibility of a debt default. Optimism in Europe was
        Reuter; AFP  -  163 words
      • Article, Illustration
        Untitled
        1237 23 DfTEEBAMK CUKEEKCT RATES +m.MavU Against S$ AgalnstUSS Against S$ Against US$ -j Cnrrenctes Bid Offer Bid Offer Currencies BM Offer Bid Offer French franc 29.0572 29.0668 4.8510 4.8525 Local dollars to one imit of foreign currency: Hongkong doHor 18.23 1125 7.7333 7.7343 U Australian dollar 1.0440 1.0454 0.7404 0.7409 Indonesia
        1,237 words
    • COMMODITIES&FUTURES
      • Article
        COMMODITYReports
        882 24 [KUALA LUMPUR] Tin price slid a sharp 20 sen to M 515.79 a kg due to heavy selling triggered by falls of copper and aluminium in London. "Sellers came in heavily after speculators dropped copper and aluminium on the LME," a local trader said. Turnover dropped to 57 tonnes
        882 words
      • Article
        Lock icon SIMEXReport
        1122 24 Reuter [SINGAPORE) Simex Japanese government bond (JGB) futures for December closed near a record high on speculation that the Japanese overnight call loan rate could trade lower. JGBs rose on short-cov-ering activity and speculation that the call loan rate could go as low as 0.45 per cent after it
        Reuter  -  1,122 words
      • Knight-Ridder Commodity Summary
        • Article
          Petronas to soll LNG to Japan
          108 24 [KUALA LUMPUR] Malaysia's national oil company, Petronas, yesterday signed a deal to sell liquefied natural gas to Japan's Sendai city. Petronas will supply up to 152,000 tonnes of LNG annually to Sendai over 20 years starting May 1997, the firm said. The LNG will
          108 words
        • Article
          Russian plan to out export duty rejected
          100 24 [MOSCOW] The Russian government's proposal to reduce the export duty for oil from 20 to 10 European currency units per tonne and gas from five to two ECU per thousand cubic metres in early 1996 has been rejected by the budget conciliation committee,
          100 words
        • Article
          World copper deficit
          83 24 [LONDON] The world copper market is estimated to have recorded a supply deficit 0f360,000 tonnes in the first eight months of this year. Consumption in January-August is estimated to have totalled 7.99 million tonnes, compared with 7.72 million in the same period of 1994. Total world production
          83 words
        • Article
          Thai smelter names Belgian consultant
          90 24 [BANGKOK] Thai Copper Industries Co has named UM Engineering of Belgium as technical consultant for its project to build Thailand's first copper smelter, a statement said yesterday. The project is expected to start operations in 1998 with a planned capacity of 165,000 tonnes of copper
          90 words
        • Article
          Taiwan importing loss aluminium
          83 24 [TAIPEI] Falling demand from Taiwan's slumping construction sector has contributed to a slowdown for the island's imports of aluminium, local traders said. Taiwan's aluminium imports fell to 13,711 tonnes in September from 26,503 tonnes in August. Metals traders say the main reason for the fall-off in
          83 words
    • Article
      COMMODITY PRICES
      1260 24 S1C0M FUTURES Nov 15 RtfMCR (Mwm dMtaf n «t SJOpa) KS1 CONTRACTU cmuAO O0M VOImm OfM MMR MB pM 9fli (1PMV1/ MflPfJl D«c99 moo 234.00 234.00 50 1425 JM 96 233.50 233.50 ***** SO 1675 Fet 96 233.50 233.50 233.50 50 I22S Mar 96 233.50 233.50 233.50 50
      1,260 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2248 25 -119.77 STOCKS fell to a two-week low, led by electronics and precision instrument shares, as concern about falling computer chip prices weighed on technology shares. "The high techs are really getting pounded," said an analyst. "They are moving in tandem with the US." The Nikkei Average fell 119.77 points
        2,248 words
      • Article
        Sydney
        639 25 -143 Share prices closed lower as weaker key stocks combined with a drop in gold prices to depress the bourse. The All Ordinaries Index fell 14.3 points to 2,110.3. The All Industrials dropped 16.7 to 3,136.6 and The All Resources fell 12.9 to 1,336.7. Turnover was 203.54 million shares
        639 words
      • Article
        Manila
        380 25 -25J5 Stocks fell to their lowest level in almost eight months, led by the Ayala companies, amid concern that accelerating inflation could force an increase in interest rates. "We're not looking for any relief soon," said a trader. "Inflation fears are still there." The PSE Composite Index dropped 25.15
        380 words
      • Article
        Taipei
        353 25 -2127 Shares finished lower in slow trade amid a lack of fresh leads. "Market sentiment remained weak, following a split in the leadership of the ruling Kuomintang party," said a trader. The 321-issue Weighted Price Index dropped 22.27 points to 4,608.70. Turnover was 574 million shares valued at NT$17.1
        353 words
      • Article
        Seoul
        508 25 -IL3O Stocks fell for a third day on renewed investor concern over the government probe into former President Roh Tae Woo's US$65O million (Ss9ls million) slush fund. Yesterday, state prosecutors called in and questioned Mr Roh for the second time in two weeks, to determine whether the money he
        508 words
      • Article
        Wellington
        376 25 -&38 Shares edged lower in an unenthusiastic market that looks set to continue in the same vein for the rest of the week. "The undertone is reasonable but there is no urgency," said a broker. "It looks like a market that is consolidating and moving sideways." The NZSE top
        376 words
      • Article
        Bombay
        110 25 +20J9 Stocks rose from six-month lows, ending a five-day slump, as some fund managers bid up shares with good earnings prospects, traders said. "As the fundamentals are good, some of the domestic institutions are buying," said a broker. "At these prices, the market's a steal." The BSE 30-stock Index
        110 words
    • WORLD STOCK MARKETS
      • Article
        London
        644 25 +215 GROWING hopes for lower interest rates in the coming months helped bolster a UK market which finished higher but remains reluctant to make a decisive move ahead of the UK budget on Nov 28. "The market's sniffing a move downwards in interest rates," said one strategist. "It's only
        644 words
      • Article
        New York
        702 25 +124 Share prices were little changed in mid-morning trade, keeping to narrow ranges in line with steadiness in the bond market. At 11am EST, the Dow Jones Industrial Average was up 3.24 points at 4,875.05, the Standard Poor's 500-stock Index was up 0.16 at 589.45, the NYSE Composite
        702 words
      • Article
        Untitled
        338 25 MMcrfMrr MM MUM %yr «yr -2S!S <»-f c*—» <*■— c*— <**g •NrH soao-OB«3 o!i M 0.1 5J t Wl WTJ 00 Ik) U «l u tr AMM I7U ao ?M 0J 7L1 04 U.7 Malic nu 0.0 -Of &l U rwta* NU 0.0 <*7 0.1 -KU 02 7.9 AMMi 44XX
        338 words
    • Article, Illustration
      Lock icon HONGKONG
      2461 26 AFX-Asia Hang Seng +24.01 iONGKONG share prices closed higher on bargain-hunt-ng in a day marked by thin vollme, dealers said. The Hang Seng index closed lp 24.01 points to 9,431.38 on :urnover of HK$2.7l billion. A dealer said the market was juiet as most investors were iidelined ahead of
      AFX-Asia; FRANCIS  -  2,461 words
    • Article, Illustration
      Lock icon CHINA
      695 26 Bloomberg Business News Reuter nShanghai!? Share Index -OM SHANGHAI B shares were mixed as a rebound in New Asia (Group) Co shares offset declines in Shanghai Posts Telecom and Shanghai Narcissus Electrical Appliances. The B Share Index, which tracks shares in the 36 Chinese companies that can be owned
      Bloomberg Business News; Reuter  -  695 words
    • Article, Illustration
      Lock icon BANGKOK
      1197 26 Bloomberg Business News □set Index -17.76 THAI stocks fell to their lowest level in almost seven months, as many companies posted earnings for the third quarter. "Everything we saw just confirmed that companies are not doing well," said an analyst. Yesterday was the deadline for firms to report results,
      Bloomberg Business News; Source:; ALLAN  -  1,197 words
    • Article, Illustration
      Lock icon JAKARTA
      1081 26 Bloomberg Business News QComposte Index SM INDONESIAN stocks tumbled to their lowest levels in nearly six months as the Mexican peso's fall raised concerns about the rupiah's decline and the Indonesian economy. "The peso creates the impression that there's greater risk in all emerging markets," said a dealer. The
      Bloomberg Business News; JEN CHUA  -  1,081 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares break seven-day losing streak
        6809 27 KUALA LUMFUtt/feporfe Bloomberg Business News Q Composite Index +ILSI MALAYSIAN stocks rose for the first time in seven trading days as fund managers picked up shares in big companies like Telekom Malaysia and Tenaga Nasional that have fallen below their fair value. The KLSE Composite
        Bloomberg Business News; ALLAN  -  6,809 words
    • WARRANTS&OPTIONS
      • Article
        Goldtron: exercise for profit
        3670 28  -  WARRANT WATCH Byl R Sivanithy SEVERAL columns ago, we highlighted Goldtron warrants mainly because their trading incorporated a significant speculative element. Yesterday, these instruments expired at a discount (as they should) but the high volume suggests that what was previously discussed might just come to pass.
        3,670 words
    • Article
      CLOB INTERNATIONAL
      2210 28 —mm Or Cr WW Last Vol Day Lnt Ou«t> (Mv Mv YM N«t M Ca» Hto* L— »tw Csmpany XI* COOP) MHO Law Buyar SaMar On P/t $«MI 471 M 5000 AISBSOc 30* (I 12 301 102 304 310 5.0 43 03 44.0 38* B7 71 a 5001
      2,210 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1556 29 rSES* "MSO ITM M5S 1M* jgl jw 'HR.. vg* 2.M5 Xtfc JHB V5 MXjSj K £si J® iS js iE IOM 4W4t —1 3 n H*M» 4 4 2 0 o > 4 «S£ i j 1 111 w s 4 s d s ssn. s i j *a m
        1,556 words
      • Article
        MAIN BOARD
        4260 29 or or mm MS Laat VM Oay LaatOwata Otv Ohr Vld Nat Cap Av* wm> Law StNa CwnM"r SO* COOP) High Law Bwyar «a8a> C*r P/K M Wg MMWIMMi 4 39Kff@$SM£^ 210 176 1258 Ac* 50c US179 -6 6 184 179 179 184 112 296.3 490 318* m
        4,260 words
      • Article
        SESDAQ
        831 29 Or Or M Wt 1*98 Last Vel Day Laet Owe** Wv Dfe.YM Net te A*« H» U» «MH C1—M9 6ele COOQ1 HH6 Leer B»y*r 6a6er Cw* >/t »M Price rv>„«-•' 1 < v i-*" S> 322 40 2000 A BR HMQt 5c KM *4 1264 314 300 304 3K>
        831 words
      • Article, Illustration
        Lock icon HOT STOCK
        65 30  -  -By Paul Leo OVERSEAS Union Bank is now at the base of a trading range between $6.15 and $6.85. With weekly Relative Strength Index in oversold region, the local bank stock is a good buy for a possible upmove towards $6.85 in the medium term. Daily Moving Average
        JENCHUA  -  65 words
      • Article, Illustration
        Shares rebound but lack foreign-buying support
        864 30  -  STOCK MARKET COMMENTARY Rotational play on main board and Sesdaq fanned by search for takeover targets By R Sivanithy [SINGAPORE] Finally, after several days of persistent weakness, prices in the local stock market yesterday recovered some poise, partly after the Kuala Lumpur Composite Index
        864 words
      • ON THE GRAPEVINE
        • Article
          Boeing in 7th heaven
          120 30 HAVING landed one of the biggest orders in aviation history, Boeing executives were beside themselves with glee. They believed they owed part of their good fortune to the number seven. Everything about the Singapore Airlines' order points to seven. The model ordered was 8777, delivery commences
          120 words
        • Article
          Capitalism with Thai characteristics
          94 30 WE HAVEN'T read the constitution of Thailand but going by events in recent days, it won't surprise us if there is a provision somewhere that guarantees Thais an inalienable right to make money in the stock market. On Monday, the Banharn government announced a 551.69 billion
          94 words
        • Article
          Damansara bucks the trend
          69 30 AMIDST the collapse of the Malaysian stock market in recent weeks, one counter has quietly bucked the trend. Damansara Realty not only gained 21 per cent in the last week, it also saw more than 30 million shares change hands during that time. Market talk is
          69 words
        • Article
          Is Saad in with Yakcop on Mun Loeng?
          107 30 DID the "interested parties" with whom former Malaysian central banker Nor Mohamed Yakcop bought Kenneth Eswaran's 28 per cent stake in Mun Loong last week include Renong's Halim Saad? Analysts reckon it may be advantageous for the Renong boss to be in
          107 words
        • Article
          Nigerian Woes no more
          96 30 RESPONDING to an item in this column yesterday, Ipco International said it has substantially completed two of its projects in Nigeria. They are the Calabar Jetty and Pipelines and three Butanisation Depots. The Bonny Export Terminal (BET), which is an ongoing project, has a contract value
          96 words
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      42 20 HDBBH GRAND Fountain Pen Rollerball Ballpoint Pen Mechanical Pencil Document Marker Traveller 1 j BIAHC ?> THE ART OF WRITING AVAILABLE NOW AT MONTBLANC BOUTIQUES SINGAPORE: NGEE ANN CITY #01-32 RAFFLES CITY #02-03 MONTBLANC CORNER. SEIYU 3RD FIR. BUGIS JUNCTION ALL AUTHORISED DEALERS
      42 words
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      Page 20 Advertisements Column 2
      120 20 Would you like instant cash for your be for os little as 3.5% p.a.*. invoices and let someone else assume We also help to cut your administrative the responsibility for bod debts? work, cost time by undertaking DBS Factors has a worldwide network co le sa J e 4 s
      120 words
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      207 21 "cM, qA&AJ' Secretaire 1 Created with Italian possum sensitivity to today's lifestyle, from yesterday's culture P W**"' Exclusively at tnu itton The centre door portrays a magnificent mar Quiet elegant on the outside with walnut P fl quetry design of life-tree shoots, small leaves <& structure and profiles decorated with
      207 words
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      Page 21 Advertisements Column 2
      189 21 We Brought Higji-Performance Storage To Mainframes. We Brought It To Midrange Systems. We Brought It To The Open Environment Now We're Bringing It ToAsia. The worldwide leader in data storage, retrieval and distribution has now opened its doors in Asa. And not a moment too soon. The information explosion has
      189 words
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      667 22 pn I| 1 jm munn ramrii SffIPI£IVTONG easy strategic accessibility BY road, sea and air ""HI behold. I STRATEGICALLY LOCATED. l£2Sm I OHHIO SEMI-D AND DETACHED FACTORIES JTw INDUSTRfIS. -spM E >T L—, I 1)b Storey Terrace Factory (Type TF) I 55 ton »o Tbn(w»9 A*po. (Wo* Port) From RM499.AM
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      Page 22 Advertisements Column 2
      16 22 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute.
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      26 22 Directions iJH The Business Magazine Available at all leading book stores and news stands. For subscription and enquiries please call or fax. Get your DIRECTIONS today.
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      95 23 Regional Newspapers Subscription Centre What every successful businessman has for breakfast in Hong Kong. AitHave it for tea the same day in Singapore. Subscribe now to the South China Morning Post and enjoy same day delivery to your doorstep. Call 348 7838 or fax 345 9150 today. SOUTH: CHINA MORNING
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      30 25 Sfcn jgi jSlk Exceptional Character. ISaajgEL JOAILLIER EN HORLOGERIE I J1 WJ jLJ I M n> Da Cer PIAGET Boutique: *01-Q9BNgee Ann City Towerß, 391 Orchardßd, Singapore *****4. Tel. *****31.
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      0 26 ;=<)}^`<(~='<(}!</.&(_=.:^=%/;&
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      Page 26 Advertisements Column 2
      47 26 The* 1 Business Times SINOAfOIKC Paster. Sharper. Deeper A bold new look and a fresh approach to the news and views. Faster with the news, and with the meaning of the news. Sharper focus on business and markets. Deeper analysis of trends, and more opinion and commentary.
      47 words
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      142 27 QuickstOck.„ Qsre<fue& e 0 Real-time Update AVAiLABLE AT: A 24-Hr ser fc in/o anu Gives you instant access to reliable stock info yZ Singapore the hour glass Takashimaya Shopping Centre Tel. *****20 vou refll-" rn rto h«'p anytime (lnvwhtrp f9W• Lucky Plaza Tel. *****62 Scotts Tei. *****27 Centrepoint Tel. *****98
      142 words
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      80 29 Time 1 i HERMES Sole Agent: DICKSON WATCH JEWELLERY (S) PTE LTD Iff— PADTQ l A wholly owned subsidiary of DCKSON CONCEPTS (INTITRNATIONAL) LIMITED) Me |T A/ Jl JL AvaJlable at' |lk x DICKSON WATCH A JEWELLERY: THE PROMENADE -300 Orchard Road #01-03 Singapore *****1 Tel: *****00 IS 1 t^H
      80 words
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      1097 30 Singapore Closing Share Prices 15/11/1995 CLOSE PREV LOW HIGH *11 If# uss uss uss uss All I## Jardine Matheson 5.55 5.55 5.55 5.75 WfE&Xfl Jardine Strategic 2.54 2.55 2.53 2.55 L A Dair V Farm 0*75 0.75 0.73 0.75 Hongkong Land 1.71 1.75 1.70 1.74 ■ffPTPVfV Mandarin Oriental 1.11 1.11
      1,097 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      328 31 Reuter Knight-Ridder THE market looked set initially for a buoyant up-day, and the expectations were anything from 25 to 50 pts up. Jan began 16 up at 1,785 but faltered at 1,790; other months saw the same shape to begin with, said Clarkson Wolff in its daily Biffex
      Reuter; Knight-Ridder  -  328 words
    • Article
      MARITIME STOCKS
      287 31 sts 'ooo ■•*8 n w CWTOUt 1.43 until 42 Chuan Hup 1.18 until 83 CMCOMIV 1.98 ♦0.01 103 FllS 5.70 -0.25 355 frt Links 0.7*5 *0.01 30 G8HaMn«s 1-33 -0.03 2438 Mai Sun Hup 0.93 *0.02 731 MtecNZ L07 *0.02 154 MC HoMngt HK 5.60 Jaya HoMnQS lit
      287 words
    • Article
      Thai ports seek private funds for expansion plans
      415 31  -  Govt unable to cover costs of developing Chabang and Map Ta Phot From, Alan Boyd in Bangkok THE Thai government will seek private funding for the next stage of development at Laem Chabang and Map Ta Phut ports, after studies indicated that,
      415 words
    • Article
      Lock icon China wants Kvaeraer as yard partner
      305 31 Norwegian group asked to in vest in USs4oom shipyard Lloyd's List [LONDON] China has invited the Norwegian-owned Kvaerner Group to invest in the creation of a shipyard complex on a site near Shanghai. The government-owned industry body, China State Shipbuilding Corporation (CSSC), has approached
      Lloyd's List  -  305 words
    • Article
      Lock icon Aussie strike: 2 weeks of chaos feared
      230 31 Reuter [SYDNEY] A five-day strike at Australia's major ports starting at midnight today could cause waterfront chaos for up to two weeks and raise shipping freight rates in the long term, the Australian Shipowners' Association said. Association chief executive Lachlan Payne said the
      Reuter  -  230 words
    • Article, Illustration
      Marine regulator takes death threats as part of the job
      644 31  -  SHIPSHAPE I By, Alec Almazan in Manila PHILIPPINE Maritime Industry Authority (Marina) administrator Pacencio Balbon holds probably one of the most high-risk jobs in the government. While violence is not an uncommon hazard for public officials in Manila, he appears
      644 words
    • Article, Illustration
      Lock icon Country club's sailing edge
      86 31 [SINGAPORE] Fort Canning Country Club's new yacht, the Oceanis, sailed into Singapore all the way from Perth recently. The 53-foot cutter is the latest addition to the amenities available at the club. Members will be able to charter it for use as a package, with service
      CHRIS LOH  -  86 words
    • Article
      Safmarine ties up with CMBT to serve north-south trades
      263 31  -  Joint venture starts in Jan, more than 50 ships to be used By Yong Mei Fong [SINGAPORE] South African shipping line Safmarine has joined forces with Belgium's Compagnie Maritime Beige Transport (CMBT) to run one of the largest liner operations in
      263 words
    • Article
      Lock icon Bahamas aims to be hub for E Atlantic
      173 31 Bloomberg Business News [HONGKONG] The Bahamas hopes to become the main hub for Eastern Atlantic container shipping, James Smith, the governor of the central bank of the Bahamas, said. As part of a Bahamian delegation now touring the world to promote wide-ranging
      Bloomberg Business News  -  173 words
    • PORTShots
      • Article
        Europe shipyards want Far East ties
        84 31 [SINGAPORE] The AWES Shiprepair Group, a division of the Association of European Shipbuilders and Shiprepairers, is seeking to develop stronger ties with shiprepair organisations in the Middle East and Far East, says Nick Granger, executive director of the organisation. At a meeting in London
        84 words
      • Article
        London Club to raise rates 5%
        79 31 [SINGAPORE] The London Club will increase its rates by an average 5 per cent for the 1998 policy year. It is the fifth P&I club to announce an above-inflation rate rise. The three biggest P&I Clubs—UK Club, Britannia and Gard— will also levy a
        79 words
      • Article
        Lock icon Maritrans to lead tanker venture
        85 31 Knight-Ridder [HOUSTON] Maritrans Inc plans to lead a venture to build up to six 40,000-tonne, double-hulled petroleum tankers over the next four years. The ships, to be built in the US, will be used to transport petroleum products between US ports under the Jones Act
        Knight-Ridder  -  85 words
      • Article
        Lock icon 3 die, 40 missing in Yangtze collison
        87 31 Reuter [BEUING] Three people were killed and more than 40 were missing after two boats collided on China's Yangtze River in south-western Sichuan province, the Xinhua news agency said yesterday. More than 70 passengers and crew members were thrown overboard when a passenger
        Reuter  -  87 words
    • Article, Illustration
      Lock icon Will deregulation in US hurt?
      988 32  -  CARGO CARRIAGE: FEAR OF DISCRIMINATION Small shippers fear they become victims if new legisation goes through. Gerard Verhaar looks at the case against deregulation and the arguments behind elimination of the United States Federal Maritime Commission Gerard Verhaar American Shipper AT THE heart of most
      American Shipper  -  988 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      337 32 PACE acl n •AM. 3 Abie 7 Accord 10 Ahters 6 ADrenkiei 4 Appensfcp 4 Astro 10 Austral n Avant 6 BSA n Bitunindo 7 B'tang Mas 10 Bright Express 6 CCNI 4 CMA II COSCO 7 CSAV 3 Centenary 7 Central Ex
      337 words
    • Article
      SHIPPING GUIDE
      11290 38 ETA ETA Advertiser Vessel Voy age Pg ETA ETA Advertiser Vessel Voyage Pg SIN Ocst'n Nam* Nam* No. No. SIN Destn Nam* Nam* No. No. 17/n 07/12 Djak Lloyd NEPTUNE IVORY V.04S 17/n 08/12 ANL M. IVORY 04S 3 24/11 10/12 COSCO MIDEN ACAN /0001 7 26/n IS/12
      11,290 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        573 43 Vt»*» Voy Mo Bftti A/rtvl Dtpartui (WlerkaA 15/95 alongsiMl 16.11/0900 (IT) IM Minis 1/95 J1 alongside 16.lt/K30 (8T) lestari ji alongside 16.11/2300 (IT1 Nurdiana ji alongside 16.11/0700 (IT) R8-2795 JI alongside 16.11/1930 UW Jaya AK)0 J2 alongside 16.11/0500 luan«A»edi 20/95 J2/3 MogwM 16.11/2300 Imm PMn 11/07/95 J7 alongsH*
        573 words
      • Article
        CONTAINER SCHEDULES
        1649 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Book net Rstls SWp VoyJIo Etb/Btr Ported From To From MM 17/0700 a B/BOO IVM49 8/800 J M/0700 Ml M/MOO M/I2W M/MW M/1700 to JM M v M/T700 U 8/IWC 15/W59 15/800 B/BW 8/MW B/800 M MM 14/0700 U WW
        1,649 words
      • Article
        COCKETT BUNKER MARKET REPORT
        843 43 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 indicated. The Cockett Bunker Price Index change and the individual
        843 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Japanese car makers nervous about Apec free trade plan
        476 44 Concern over tough competition that may result in Sonth-east Asian market Reuter [TOKYO] Japanese car makers, which dominate the South-east Asian market under generous protection, are becoming nervous about fierce competition which Apec's free trade plan may introduce quicker than they
        Reuter  -  476 words
      • Article
        Lock icon We want equal access, Qantas tells Hongkong
        160 44 AFP [CANBERRA] Australian flag carrier Qantas Airways wants access to Asian air routes from Hongkong equal to the rights enjoyed by Hongkong's Cathay Pacific out of Australia, Qantas chief executive James Strong said here. Mr Strong said he believes the key to a
        AFP  -  160 words
      • Article
        Lock icon US, Japan firms agree to make electric cars
        249 44 Offer could end the impasse in California LA Times [LOS ANGELES] US and Japanese car makers have agreed to produce electric cars for California in 1996 and 1997, an offer that could break an impasse between Governor Pete Wilson's administration and the
        LA Times  -  249 words
      • Article, Illustration
        Lock icon Car gadgetry
        54 44 [BEIJING] A Sony employee (left) showing a visitor how to operate the sound system and digital navigation map at a high-tech electronics car parts show here yesterday. The vast potential of the Chinese domestic car market attracts hundreds of car and car parts manufacturers to these now common
        AFP  -  54 words
      • Article
        Lock icon KL can be top plane parte maker: Pena
        187 44 Bernama [KUALA LUMPUR] Malaysia, endowed with its stable business climate and hardworking workforce, has the potential to emerge as a leading producer of aircraft and aircraft parts, US Secretary of Transportation Federico Pena said. He said a number of US companies had
        Bernama  -  187 words
      • Article
        Lock icon MAS to set up Europe HQ in London
        173 44 Bernama [LONDON] Malaysia Airlines (MAS) is to set up its European headquarters here. Currently, MAS stations in Europe report direct to the headquarters in Kuala Lumpur, MAS Area Manager for the United Kingdom and Ireland Ismail Taib said yesterday. He said the
        Bernama  -  173 words
      • Article
        Abacus sets up office in Beijing
        275 44  -  Move comes after bust month's CSS accord with China By Yong Mei Fong SINGAPORE Singaporebased Abacus Distribution System has set up a new office in Beijing. This move came hot on the heels of an agreement signed last month by the computer reservation system
        275 words
      • LOGBook
        • Article
          Lock icon China sees passenger car demand up 27%
          82 44 UPI [BEIJING] Demand for passenger cars in China is forecast to top 400,000 units next year, an increase of 27 per cent' over this year and 26 per cent of total demand for motor vehicles. As the production capacity of main Chinese producers
          UPI  -  82 words
        • Article, Illustration
          Lock icon Fly-and-show time in Dubai
          40 44 AFP [DUBAI] Visitors at the Dubai International Airshow watching a plane performing in the sky on Tueeday. More than 500 companies from 34 countries are at the show, the third largest aerospace exhibition in the workL—AFP
          AFP  -  40 words
        • Article
          Lock icon Thai maintance centre plan gets nod
          98 44 Bloomberg Business News [BANGKOK} A planfor Thai Airways International Pic to invest 3 billion baht (Ssl6B million) in an aircraft maintenance centre was approved by the Cabinet yesterday. The government owns 98 per cent of the airline. Under the plan. Thai Airways will build
          Bloomberg Business News  -  98 words
        • Article
          Lock icon S Korea-Macan air accord
          87 44 AFP [SEOUL] South Korea has initialled an agreement with Macau on the opening ofdirect air routes between the Portuguese enclave and Seoul by the first half 0f1996, the foreign ministry said yesterday .A ministry official said the agreement was initialled on jStogsy in Macau by International
          AFP  -  87 words
        • Article
          Lock icon Honda unit to export manifolds to Asean
          72 44 Reuter [MANILA] Honda Car Philippines Inc (HCPT), a unit <#<*5 i Honda Motor Corp, is going to export car intake to its South-east Asian neighbours by next year, Honda CaiT president Koji MiyaJima said. "HCPI will produce 60,000 units of intake manifolds starting
          Reuter  -  72 words
        • Article
          Lock icon US transport regulatory body on way out
          80 44 Reuter [WASHINGTON] The US House of Representatives voted on Tuesday to abolish the Interstate Commerce Commission (ICC), the nation's oldest regulatory agency. The ICC was caeated in 1887 to regulate railroads and waslater given jurisdiction over trade and bus companies. But those industries
          Reuter  -  80 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1425 44 CITY FLIGHT ETA FLIGHT ETO Hanoi VN741 1310 VN740 1410 AbuDtaM GA975 1335 Hatyai TG407 2105 TG408 0620 S0441 1530 W89S 2255 MI896 1920 AMaWl OP081 1930 Of 062 2050 He CM VN741 1310 SOT72 1000 soat 2045 1 MMiCtty S0171 1450 VN740 1410 Amsterdam $0025
        1,425 words
      • Article
        Lock icon Toyota to jointly make engines in China: report
        247 44 AFP [TOKYO] Japan's top car maker Toyota Motor Corp and Tianjin Automotive Industrial Group of China have agreed to jointly produce car engines in China, the Nihon Keizai Shimbun said yesterday. Citing an outline of the project, the major business daily said
        AFP  -  247 words
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      1455 32 I OTHER DESTINATIONS I 1 NORTH AMERICA [""DIRECT CALL TO WEST COAST (BCX) WEST COAST OF CENTRAL AMERICA (MAROARfTA SERVICE) SMQAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) wssa wr mat man u om va su ml hou oac m wocoarr |msa |vot| an CMMM|sAoiMgn|*qj»n>|s4UMCMz|4Cimco| vot iosmmb (itotib sum s» cMMUumoF~r*~
      1,455 words
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      Page 32 Advertisements Column 2
      286 32 Lines and services represented by Members of the Registry of AccredHedgSlly Shipping Agents, Singapore National Shipping Association. \?53/ I I for advertising enquries, contact Shipping Times: Tel 740-2089 Mai To crack the safe or enter vL\i Mrs Wizards f on 7 +r J 4/ m t J ipoo-911-oooi, at 30
      286 words
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      1308 33 PAQfK SOUTH WIST EXPMSS (DWECT) vpsa wr sura aw no lux |om loi na» lan dm hou wtc 1 wot mo6ak»am»ca m tyii )0/n at/n a/ii w/n 30/11 »/n ao/ii oi/u oi/i: Q4/n mamKMau m u/ii iy/ii «/n «/ii W" am ~W\T wm o>/n mm io/h MEKKMTWI MA 23/11 24/11
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      Page 33 Advertisements Column 2
      1547 33 (g) HANJIN SHIPPING I I USA ——CANADA I faDa sSfl t*H« la* IfM| mr ex itn int lain nk m ai m m m I m I m fm nwm— «xn n/ii wkt i4/»i" it/» it/11 wn wn wn iy/» u/n i»/it H77»~ ~i>7ii~ ~ii7ir~ ls7n~ n/11 Tt7ii~ It/iT" i;/n
      1,547 words
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      Page 34 Advertisements Column 1
      682 34 Kssa vor ham rout ant ima stow pkium sm hke t kao rvo sm kok has LuowGSHAratgrass nn43 ts/io ~g7!T M/io m ~fy7n~ li7n~ n7n~ Wt- W "»7ir FUWHWEffIKS 17/443 71/10 7t/10 7S/10 1/1) 31/10 70/11 71/11 0V744 i/i I vi i 7/1 r~ yii 74/n lt7n~ WTT ~fm ~W
      682 words
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      Page 34 Advertisements Column 2
      1287 34 Il NORASRT I VESSEL VOY SIN ALO LAS BCL VAL HAM BRE ROT ANT FEL LHA StA EWOtAVOW 22", I*2l 52 M/ 12 wit 11/11 12/12 12/12 I*l2 SJi 22! 12/12 11/11 wi 17/12 w« w» wu 21/12 *****2? 6 SII 221 IT 2 11/12 21/11 21/12 23/12 2*12 27/12
      1,287 words
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      Page 34 Advertisements Column 3
      683 34 JAPAN/HONQKONO/STRAfTS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG »or spore Jmmm I p5 —Iroi WW LHK 3 t >U m fj EASTERN HERO O SLD ~mrf 1 OCEAN IRAVE MPT 1 OMBnVWTURE M 17NOV I N.imfl"!' URANUS «7 nut "1 a HOY I- fortunecupper mnov TINOV I- CHUB KUAN 11 77
      683 words
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      Page 35 Advertisements Column 1
      1011 35 IPV STRAITS SHIPPING PTE LTD ■mi 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IMlAalnWUlgHSWffßiEflSffltljfllßfll new guinea pacific ume (A SERVICE OF CHINA NAVIGATION CO) f!MIIS HOPE VHI4C 11 No* 19Nov Muara. Kola Kinabalu t Übuan TNAiTS STAfI V9SOCE 21 Nov 23 Nov Muart. Labuan
      1,011 words
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      Page 35 Advertisements Column 2
      1996 35 P&O Containers (Singapore Agencies) Pte Ltd First Class Connections WORLDWIDE Silas223"Sek*t^ 7 ***** e p p^csp^ isn CR Number *****9 IOOOOZ EXPORT IMPOBT VESSEL vw 'WM *PKO SIN I SOU ANT WOT HAM OOT SHE LEH VESSEL VOY ZEE OOT ROT hui i» LOUIS MAERSK 9512 13/11 14/11 16/11 04/12
      1,996 words
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      Page 35 Advertisements Column 3
      555 35 OUfOUOOP PKL PEN JOH SIN HKfi IAO TAI KH YOK TO« NAG KOB OSK MQJ BUS WAN HA*****W033 IMI 12/11 14/11 IN PORT 2011 21/11 23/11 2VII 01/12 28/11 28/11 2WII WAN HA1215 IVIB IMB 11/11 IM*ll 23/11 25/11 2*ll 3*ll 14/12 >8/12 B*l2 02/12 BUXCROWN *882 I*ll 21/11 22/11
      555 words
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      Page 36 Advertisements Column 1
      1115 36 EUROPE/UK/BCAHDIMAVIA/FIHLANO/RUSSIA SGP ROM ANW HBG TW UN LHV THP RDM ANW HOG PKL S6P E ROYAL RW-023 18/11 8/12 VI2 10AI2 12/12 IXI2 i. GREET RE-MI 22/1* 23/10 24/11 25/10 20/10 19/11 E REFINE RW-003 25/11 IS/12 18/12 17/12 11/12 20/12 E GLOWING RE 033 24/10 30/10 1/11 2/11 3/11
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      Page 36 Advertisements Column 2
      717 36 PERSIAN GULF SERVICE *0T SGP OUI MU DOM OAH tWT Ml T° 22] 22J HI K/12 «M 2 06/12 08/12 mm StvS«2 221 !K! mt o*l2 OM2 ***** £5? 'J"* B2! wit wu w; 037V005 wu 10/12 2*12 nm ri/12 23/12 23/12 CCm»«FaroOOHA.SHMJM JttR«U¥MOU*M MUOCAT(IM»OMO«),OBH«UM>WAMUDHMI WYOOH W> MMM ALSO ACCEPTWB
      717 words
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      Page 36 Advertisements Column 3
      704 36 £23 RKXFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33(12 LINES) E FAX: *****15/*****03 [CD TELEX: RS ***** RISHIP(3 Lines) 1 CR NO: **********06 pQ ETHIOPIAN SHIPPING LMfis (Nation! Lfaws of Ethiopia) ACCEPTING FCL AND CONVENTIONAL v °y ETA Loading for Spore _l Netsanet 40WB 15/12 Oitoouti Aaaab. Maiaawa 1
      704 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      2418 37 CARGO TO VARNA, ODESSA ANO CONSTANTZA VIA UMASSOI Sftrtt Afttll f t i (BtMril): *****94 4f««cr Ottl CO STAR SHIPPING PTE LTD f I®"""/'«"« c»»uii«r 4tnm/u4 ctmsintr tn «/t*****02 ISAlaltn w»r 01T-M r«/«l ***** CO SH IP Cuttilltatl: *****50 O/O *****05 Ct»Ul»ir OM Hit Tomor I CH Hi **********0« fn
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      Page 37 Advertisements Column 2
      648 37 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) INDIAN SUB-CONTINENT X-—' jr J *>>>" -vv7\a :11PaBBHwI^i1'» £$11 A r IS COLOMBO 0 BEST RATES OFFERED CALL US NOW *****33 MAHESH I BABY LEE P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES)
      648 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      28 39 SYDNEY, MELBOURNE, ADELAIDE, BRISBANE WEEKLY DIRECT SAILING MV "ANRO TEMASEK V.7IS" ON 28/11/95 MV "ZURA BHUM V.268" ON 7/12/95 ALL-IN RATE USS27/M 3 CALL MAC-NELS AT 220-2022 JULIA/XIUHUA
      28 words
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      Page 40 Advertisements Column 1
      1037 40 VEBBgL VOV SIN JKT VES»£L VOY SIN PEN "BB VESSEL VOY SIN BKK 0000 EASY* 22S Frt 17/11 Tua 21/11 OURU BHUM 5159 Thu In Pt Si It/11 Y ANTRA BHUM UM Thu In Pt I JSRABHUM *****_ J7m_ S2 j» *UU_ M NANTABHUM FSJ sit "iaTTT "wid" AKABHUM _ta/n
      1,037 words
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      Page 40 Advertisements Column 2
      941 40 79 ANSON ROAD, *21-01, SINGAPORE 0207 CR **********0N STRAITS SHUTTLE SERVICE POWT PEWANQ m I m VESS£L I vor I Ml PHI WITHU 17/11 m DRAGON NiAS 68N 23/11 THU 2VII SAT EAGIEBREEZE KM 16/11 THU 18/11 SAT SUSAK QV)ip VT sftTTsiiS mm S Hijg, -%Hlf gBL mim XmUOH m
      941 words
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      Page 41 Advertisements Column 1
      638 41 r YNflfA MYANMA wBBk FIVE STAR LINE (Myffmor National Una) Loading for Yaifoi (Rangoon) vnsa vor m me nn m aw jw no HNY A MOW 21-2S/U IN PT HUUTSU AfiCNTS: MUSTUO SHIFTING AGOKUS lUt m 02-03-*****00 PRL TO 02-03-*****01 Kit m 02-04-2****** PGO: Ttl 02-07-*****21/4 BANK LINE (A Mrvkt
      638 words
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      Page 41 Advertisements Column 2
      1075 41 m ADVANCE CONTAINER LINES (PTE) LTD API 140 Cadi SfcMt, #12-00, PIL BulkNng. Singapors 0106 V LI TEL: *****21. FAX: *****19, TELEX :RS ***** ACLPL Cfl NO. **********06 lANOKOK JAKAITA tt a HI VWUgteltfT, t faltßpaTßjl wr awp (I seiiif »/Weet) «w vwaa I vor f ax jct m N3Ms—l2Zll—ia
      1,075 words
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      Page 41 Advertisements Column 3
      857 41 **********0Z W W LE HAVRE HAMBURG TMAMESPORT ROTTERDAM ANTWgy \fILLE DC CAPELLA TI2W 23/11 14/12 IVI2 17/12 Wl2 i(M2 VXEDEUBRA LI2W 3Cm 21/12 22/12 24/12 2V12 ZTH2 VU£ DC NORMA NI2W 06/12 28/12 27/12 a/12 3CM2 OVW VHEOE CARINA cTiw 12/12 ww owi oSoT otJw oSoT ALSO ACCEPTMQ CAROO TO
      857 words
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      Page 42 Advertisements Column 1
      609 42 SmZj SINO EXPRESS SHIPPING (PTI) LTD. M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. 7 TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SIWOTRAN3 SHANGHAI (CONTAINER SERVICE) SIH/HKQ/SHAI SPORE HKQ SHAJ VESSEL VOY ETA ETP ETA ETP ETA ETP IFA 9523/9524 17/11 18/11 23/11 24/11 27/11 29/11
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      Page 42 Advertisements Column 2
      552 42 MM COHTAWEB LINES. INC I MAC-MELB SPORE: *****22 (24 UMES) KUCMNO:CNg)4tM» J «®U:eOt4)Jl«l7» MAMLA:(t)9)tI2MBI Na W6 *"L_ BAwoicoitmaweeT SURABAYA.-(si>2»lMO P.KELAMQ:{O3) ***** JKT: (21)<»0ai07 MP* (Tl)M4<2> ■ANPUHQ: qa»4M— I ASIA HKG/TWN/BKKI GEHOA/EUROPE I PEN PKL SIN DAILY RECEIVING J* 17/11 18/11 19/11 HKG/BKICKEEAHH w 19/11 20/11 21/11 HKG/BKKtfEE/KHH am ran m
      552 words
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      Page 42 Advertisements Column 3
      179 42 I Ifr (S) PTE LTD X tCOLakora- V. 3 koMMKARACHI ICODtala/ X> CALCUTTArvV /OfTTAGONG Nhsvi Stwvi V Ls»r cochnV 'y**" CALL: 222 9090 (12 UNES) MARKETING: 222 8838 NVOCC CONSOLIDATION Fa SERVICES Our Customer's Satisfaction is Our Reputation GEMARTRANS TRI-WEEKLY SERViCg TO HO CHI MftiH -Mm —zT fir" m HAH
      179 words
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      Page 42 Advertisements Column 4
      217 42 111 MFL SHIPPING (INT'L) SSSff PTE LTD SUBSIDIARY OF H/U SUN HUP GROUP FCIVLCL CONSOLIDATION SERVICES HOT LINES; *****42/3*5 K&TmtAKOn TO RftOH BAH POtT*/ STDNn/MEUOUtNI ALSO ACCPIMS KI TO IKA POtTS AW OtOSS-WCOCK SftVKI 10 mri} AM CANADA VOT ti'XOES 01SS 23/H VKSa VOY ETA KM) KOTA SUIIA 5U1137 18/11
      217 words
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      Page 43 Advertisements Column 1
      136 43 MHKAPAL KRIS Shipping Pte Ltd 701DUXT0N ROAD,S r ro«EOB9S29 W: *****74 Fax: *****77 QUO. U73HSMOM iKucwNtti rm\ VfSSa VOY DBSNH *SSft VOY 119 STORE lUNGA KBMJMNG 9539 19.11.199S 11.11.1993 US MAMMA 9517 25.11.199S 25"®*' g.H.HtS NNGAItnANG 9549 27.11.1995 OS-12.199S Vtssa VOT (TDSPOT RINTULU EKES"* w* mi»W5 W*ArWAGA 9549 27 *****5
      136 words
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      Page 43 Advertisements Column 2
      76 43 NIPPON EXPRESS (Worldwide Consolidation System) FIXED WEEKLY DEPARTURE ARRIVAL TO: Arrow U.S.A. ißfinnmvi etdsmgatom EVBtY MONDAY FU LONG BEACH EVERY THUtSOAY ETA OfICAGO EVBtY TUISOAY Arrow Europe (17 DAYS TRANSIT ONLY) ■tfinfßfflfM ETDS'POH ■WiifiiyM EVWY SATURDAY ETA FELIXSTOWE EVERY TUESDAY etdstore "ii™" EVERY THURSDAY Ett ROTTERDAM EVERY SUNDAY Also occapting
      76 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      118 43 LEGEND: R Thunderstorm Temperolure *q V Shower Wtolhii Wind direction with speed in knots Rom Cloudy Sky Wov SwHoce winds ore indicated by arrows which My with the wind One tut Circle represents calm or light ond variable winds J— One holt tleche represents 5 knots L_» One Ml Heche
      118 words
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