The Business Times, 4 June 1996

Microfilm: NL20609
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA (P) 046/12/95 SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, JUNE 4,1996
    12 words
  • Article
    MARKET SUMMARY
    66 1 SHI 232X56 (-9.35) btoomp amn (-16.96) PI BT-MGA U 1153J3 (+7.36) n MABXETMOOD: MM Mixed STOCK MilKET INDICES Monday Change IUK COJIP i, 141 AO. -9i7 NIKKEI 2U»At 467.87 HANGSENG lUtiMl -fW52 SET INDEX UW.1I -17 J JAKARTA CUMP _«4.47 *7*1 MANILA COMP _A2UJT7 -18.89 TAIPEI WPl U7U9
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  • Article
    FINANCE
    72 1 EXCHAUBE KATES US* SI CM—£ 1.408 I liil 1183 DM 1.667 0.926 1W 0.929 1.107 MR 8.400 0j»64 o.i» 9.182 1AHT 9.099 0066 ttTIAH 100 8.043 0.060 PUKE BATES SINGAPORE* .144 KUALA LUMPUR. .8.15 JAKARTA *.18.00 BANGKOK 13.75 MANILA 14.50 HONGKONG J. 75 TAIPEI .8.00 8YDNKY 10.75 TOKYO 180
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  • Article, Illustration
    Lock icon Government spearheads $82m multimedia network
    685 1  -  Industry players invited to take active role in setting np island-wide linfcg By Kenneth James [SINGAPORE] Singapore is a step closer to becoming an Intelligent Island. Communications Minister Mah Bow Tan yesterday announced a gov-ernment-led initiative to develop the core infrastructure for a giant network
    ERIC CHU  -  685 words
  • Article
    KLSE all set to start regulated short-selling
    503 1  -  Scheme to kick off later this year with 30 blue-chip stocks From Ho Kay Tat in Kuala Lumpur REGULATED short-selling on the Kuala Lumpur Stock Exchange (KLSE) will kick off later this year with an initial list of about 30 blue-chip stocks. The
    503 words
  • Article
    Broadcast sector poised to expand 3-fold this year
    419 1  -  By Catherine Ong [SINGAPORE] The Singapore broadcasting industry is poised to grow at least three times this year as international and regional programmers continue to expand their operations in the Republic, senior officials of the Singapore Broadcasting Authority (SBA) said yesterday. "Last
    419 words
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      133 1 Drama tfcjfcVffty I The face of change New residential developments are changing the face of eastern Singapore, Pf 6 MBWSYALPE Wm,tMspg. Will Clob flbllow suit? A Ifigrt hr—rhti 7fw rtirr pg 19. The numbers point to heavy subscription. Hajw expects mlas growth •f 99-60%, pg 19. Hayes is turning out
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      9 1 More reports, Pg 2 Rules of the game, Pg2o
      9 words
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      85 1 wKBSSM rSI /WKBk-f JWKJB Role.x Day-Date. Chronometer ut IS ct qold Bezel and dial .*et with brilliants. SINGAPORE THE HOUR GLASS Takashimaya Shoppung Centre Tel: 734 2420 Scotts Tel: 235 6527 Lucky Raza Tel 733 1262 Centrepont Tel: 734 1598 W Peninsiia Ptaza Tel 337 8309 .Raffles Hotel Arcode Tel:
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      6 1 Who's who of satellite broadcasting, Pg2
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Philips to raise telecom output in Asia-Pac
      443 2  -  Group to invest mt ill! uuu oqb oi miiiioiis of dollars in S'pore, Ibdia, HK and China mparts byt Genevieve Cua tDBAL consumer electrongroup Philips will invest ndreds of millions of dollars" to expand its output of telecommunications products ia the Asia Pacific.
      443 words
    • Article
      Intelsat seeks Asian backing to launch 2 high-powered satellites
      428 2 LEADING global satellite service provider Intelsat is seeking the support of its Asian signatories for the launch of two new, high-powered satellites to service the Asia-Pacif-ic's booming broadcasting market. The group will need to raise over US$5OO million (Ss7oo million) for
      428 words
    • Article
      Asia Telecom show to be held here for 4th time
      163 2 ASIA Telecom 97, a quadrennial regional telecommunications exhibition, will be held in Singapore for the fourth time next year. An agreement to stage the event here was signed yesterday by Telecommunication Authority of Singapore and the International Telecommunication Union (ITU).
      163 words
    • Article
      Manufacturing excellence gives Singapore competitive edge
      369 2  -  Republic's strength is in value added processes: IMD By. Anna Teo CLOSE to 60 per cent of Singapore's competitiveness more than any other country's is due to excellence in processes like manufacturing, according to the International Institute for Management Development (IMD) which recently rated
      369 words
    • Article, Illustration
      Lock icon South Korean visitors rise 27.6%
      308 2  -  EYE OH THE ECONOMY Commerce By. Agnes Wee VISITORS from South Korea continued to surge in April, rising by 27.6 per cent, according to figures released yesterday by the Singapore Tourist Promotion Board (STPB). Overall visitor arrivals for April grew by 6.4 per cent to
      Source: STPB  -  308 words
    • Article, Illustration
      PM Goh promotes Singapore Inc to the Finns
      617 2  -  PM GOH Of HELSINKI Word is that PM is exploring how R&D links can be upgraded beyond company level By Yang Razali Kassirn SOON after arriving in Helsinki on Sunday for the first stop of his Scandinavian tour, Prime Minister Goh Chok
      617 words
    • Article
      Property sellers cannot use CPF savings to pay stamp duty
      579 4  -  Finds will afawMt te rdeaaed a*riy weeet«b«pde|y jtymeat of buyers, #jims Agnes Wee SELLERS of property who are Jfected by the government's litest measures to cool the private property market cannot ttt» their Central Provident Mud savings to pay fix:
      579 words
    • Article
      PM sends note on property purchases
      154 4 PRIME Minister Goh Chok Tong has written to government ministers, ministers of state and parliamentary secretaries officially stating the new rules on their purchases of private properties. The rules require them to clear with him their purchases of properties and also to declare to
      154 words
    • Article
      Lees give away $ 1.06 m condo discounts
      147 4 Lees give away 1.06 m condo discounts SENIOR Minister Lee Kuan Yew and Deputy Prime Minister Lee Hsien Loong have given the discounts totalling $1.06 million they received from the purchases of apartments at Scotts 28 and Nassim Jade to 29 charity, educational and social organisations, they said in a
      147 words
    • Article
      Jump in demand for valuation of residential units
      317 4  -  Rise attributed to purchasers caught unawares by moves to curb speculation By\ Siow Li Sen DEMAND for valuation of residential properties has been running strong following the May 14 measures to curb speculation but the volume is not likely to last, valuers
      317 words
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      154 2 Pentel rTliWi point ist_sßi ■■nfejbdMMfe Push Button System See-thru ink barrel When nib dries out, simply V K shows ink push end button (max. 3 times) balance. recharge nib with fresh ink. y Large ink tank gives 1000 m of writing distance. Lasts up to 3 times longer than our
      154 words
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      Page 2 Advertisements Column 2
      60 2 OUTDATED BATCH PROCESSING TO REAL-TIME ACCOUNTING It means no more validation, posting, updation, I J day end, month end, etc. You make an entry and everything is done automatically, instantaneously. Check out the power of FACT Real-Time Business V Accounting Software. Ej|ggjggS WorldWideWeb http://www.fact.com.sg INSTANT E-mail info fact.com.sg ACCOUNTING Toll
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      392 3 George Bass has the archaeology. years for none has more than the a Bronze Age the I The the the depths Bass restricts himself and his divers to maximum of twenty minutes the Accordingly, he times eveiy dive he makes with a Rolex Submariner. ''n^^l /iare unlikely George Bass's Rolex
      392 words
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  • Page 4 Advertisements
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      94 4 2> iA'I oons floors of office space, two floors of shops restaurants minutes from the Orchard MRT station, always outside the Restricted Zone. 25 SCOTTS ROAD Prime location. Shops restaurants available from Prestigious address. 270 sq.ft. onwards. Office units available from 810 sq.ft. Attractive rental packages onwards. Ample parking facilities.
      94 words
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      Page 4 Advertisements Column 2
      217 4 PRIME ORCHARD STRATA SHOP UNITS ["OWNER'S SALE] Excellent location Near MRT Total Floor Area: 3,003 Separate strata title for each sq ft approx. unit Suitable for owner Facing main concourse/ occupation/investment escalators with water supply Each unit approx. 333 sq ft AUCTION SALE 27/6/1996 Amara Hotel, Ballroom 2, level 3,
      217 words
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      75 5 telephones are a the Yellow the three keys to These you the menus you j easy expandable a or fax adapter 0 0 install, with no tools or Many will why the Optiset-E other telephones 1 See us at CommunicAsia '96 new the r i Siemens booth at CommunicAsia '96.
      75 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      New govt measures take players back to basics
      798 6  -  THE PROPERTY coram Building condos In Singapore can still be profitable, lftbe location Is right By Lee Han Shih TALK about mixed signals. On the one hand a large number of potential buyers of the Mayspring condominium project gave up their options.
      798 words
    • Article, Illustration
      Developers home in on eastern promise
      377 6  -  Condo projects aplenty as aroa nodergDes rapid By, Agnes Wee THE eastern part of Singapore is undergoing rapid transformation as new residential developments spring up. Many are due to be launched this year, although some developers have been taking a wait-and-see stance the past
      377 words
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      422 6 —o McDERMOTT HOUSE PRIME COMMERCIAL BUILDING IN JURONG EAST ■KniJUBIIi 9-storey office building with a restaurant on Ist storey Land Area: Approx. 40,572 ft J Walking distance to Jurong East MRT Station Existing GFA: Approx. 109,534 ft 2 Well served by PIE and AYE Potential GFA: Approx. 169,911 ft 1
      422 words
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      513 6 BROADWAY INDUSTRIAL GROUP LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held on 18 June 19% at 4.00 pm at 18 Enterprise Road, Jurong, Singapore *****4 to transact the following ordinary business: 1. To receive and adopt the
      513 words
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      19 6 Young I Parents I -When I you I want I the I best I for I your I children!
      19 words
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  • SOUTH-EAST ASIA
    • Article
      Cambodia govt denies Ariston deal is illegal
      526 7  -  PHNOM PENH Country's image will be hurt if national assembly, govt review and cancel contracts: Ranariddh By Harish Mehta THE Cambodian government has denied allegations made by MPs in the national assembly that it entered into an illegal contract with Malaysia's Ariston Group
      526 words
    • Article
      Rafidah in Canberra to woo investment
      375 7  -  ■SYDNEY Australia will seek a broad trade pact cmißgnore than commodities By I Surinder Singh MALAYSIA'S Minister for International Trade and Industry Rafidah Aziz arrived in Melbourne yesterday at the head of a trade delegation. The minister will hold talks with her Australian counterpart,
      375 words
    • Article, Illustration
      Lock icon Bodi: Political doubts won't affect stability
      129 7 BANGKOK Reuter THAI Finance Minister Bodi Chunnananda said yesterday political uncertainties facing the coalition government would have little impact on economic stability. "But the political problem might make investors lose confidence. The government is trying to bring it back to normal," said Mr Bodi,
      Reuter  -  129 words
    • Article
      Lock icon Thailand may set up ministry modelled after Japan's Miti
      248 7 BANGKOK AFP THAILAND is studying the possibility of setting up a super economic body similar to Japan's Ministry of International Trade and Industry (Miti), it was reported here yesterday. A working group set up by the Office of the Civil Service
      AFP  -  248 words
    • Article
      Exporters eagerly await new deregulation package
      380 8  -  JAKARTA Measures likely to be unveiled in 2 weeks to help restore export competitiveness By\ S N Vasuki THE Indonesian government is expected to unveil a mjuor deregulation package in the next two weeks aimed at restoring the country's flagging export competitiveness. Analysts said
      380 words
    • Article
      Lock icon Manila Bay oil well to be plugged
      144 8 MANILA Reuter THE Philippines' Department of Energy said yesterday that the second gas/oil well at Manila Bay would be plugged and abandoned after it flowed formation water with traces of gas. "The operator is currently conducting plug and abandonment procedures on the well,"
      Reuter  -  144 words
    • Article
      Lock icon Approved foreign investment falls 48%
      389 8 HANOI Govt seen avoiding controversial projects ahead of party meet AFP FOREIGN investment licensed by the Vietnamese government fell 48 per cent in the first five months of the year over the same period last year, a report said yesterday. The Ministry of Planning and
      AFP  -  389 words
    • Article, Illustration
      Lock icon Poll result may have national impact
      460 8 BANGKOK AFP THE crushing defeat of the Palang Dharma Party (PDP) in Sunday's Bangkok governorship election, ending 11 years of PDP control, could have a national impact, analysts said yesterday. Chamlong Srimuang, the PDP founder and one of the most familiar faces in Thailand,
      AFP; REUTER  -  460 words
    • Article, Illustration
      Lock icon Getting Bangkok ready for a royal jubilee
      66 8 [BANGKOK! A boy selling garlands on Saturday as workers prepare Rajadamneon Avenue for the 50th anniversary of the accession to the throne of King Bhumibol Adulyadej. The King, who will celebrate his anniversary on June 9, is the world's longest reigning monarch and
      AFP  -  66 words
    • Article
      Lock icon E Timor: Jakarta may take on Portugal
      207 8 LONDON Report says Alatas warning comes ahead of second round talks AFP INDONESIA has warned it will eventually force a showdown with Portugal in the United Nations over the controversial question of East Timor, the Financial Times reported yesterday. The threat was made
      AFP  -  207 words
    • NOTE Book
      • Article
        Lock icon Thai inflation slows
        88 8 Reuter {BANGKOK] Price figures for May confirm that Thai inflation is slowing, and analysts said yesterday they expected it to continue to do so. The consumer price Index (CPI) rose a lower-than-expected 6.1 per cent year-on-year in May against 6.9 per cent in April and an average
        Reuter  -  88 words
      • Article
        Lock icon Hanoi limiting visas, say reports
        75 8 AFP [HANOI] Vietnam has imposed limits on visas ahead of a Communist Party Congress this month in an apparent move to restrict the entry of foreigners into the country for security reasons, diplomats and travel agents said. The Foreign Ministry denied yesterday that there were
        AFP  -  75 words
      • Article
        Lock icon Jakarta needs US$5b in aid
        75 8 AFP [JAKARTA] Indonesia is seeking more than US$5 billion (Ss7 billion) in assistance this year from its main foreign aid donors, the Consultative Group for Indonesia (CGI), it was reported here yesterday. The aid needed "is almost the same as in 1995 but it doesn't
        AFP  -  75 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      93 7 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      93 words
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      Page 7 Advertisements Column 2
      26 7 111 wT lasfßL' Hn^^^CjMT^if s Singapore to Seoul daily. Singapore to Bangkok 4 times a week. JJk The Asia For reservations, call 225 3866. <r Asiana
      26 words
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      196 8 They say you can tell how civilized To begin with, a Discovery traffic situation quite effortless. that would stop ordinary cars. mirrors, electric s^B a societv is bv the way it believes in will phvsicallv raise her to a driving Add to this the inherent Harsh as the outside world
      196 words
  • CHINA-HONGKONG-TAIWAN
    • SINO Brief
      • Article
        Lock icon Tycoon Tung quits HK ex-co
        65 8 Reuter (HONGKONG] Shipping tycoon Tung Chee-hwa has resigned from the Executive Council, the highest advisory body to Hongkong Governor Chris Patten, the government said in a statement yesterday. Mr Tung, chairman of Orient Overseas (International) Ltd. has been widely tipped as the most likely choice
        Reuter  -  65 words
      • Article
        Lock icon Chengdu economic zone expanded
        68 8 Reuter [BEIJING] The high-tech development zone in the southwest China city of Chengdu has been expanded to 40 sq km from 2.5 sq km to help upgrade local industry and speed up economic reforms, Xinhua news agency said. It said the zone had approved 494 projects
        Reuter  -  68 words
      • Article
        Lock icon Security tightened in Tiananmen Square
        64 8 AFP [BEIJING] China's all-embracing security apparatus swung into action yesterday for its ritual June 4 vigil over Tiananmen Square and Beijing's university district. But plainclothes and uniformed officers appeared less nervous than previous years and maintained a lower profile as they braced to stamp out
        AFP  -  64 words
    • Article
      Lock icon Chinese market may be heading for a slump
      495 9 SHANGHAI Investors say plunge likely if too many new issues and poor quality firms are allowed to list Reuter CHINESE investors warned yesterday that the nation's stock market could plunge if the spate of new issues continued and poor quality firms were
      Reuter  -  495 words
    • Article, Illustration
      Lock icon No special privileges for Sino firms in HK: Lu Ping
      290 9 TOKYO Reuter AFP BEIJING will not give any special commercial privileges to Chinese companies in Hongkong after the 1997 handover, China's senior official in charge of Hongkong policy was quoted as telling Japan yesterday. "Chinese firms will never be granted
      Reuter; AFP  -  290 words
    • Article
      Lock icon A concept that's hard to accept
      261 9 TOKYO AFP CHINA finds it hard to accept the concept of intellectual property rights as it has not yet received any patent fees for the marine compass, paper, gunpowder or printing, a Chinese official said yesterday. "We let people all over the world use
      AFP  -  261 words
    • Article
      Lock icon GM hopes US$1b plant deal will hold despite tensions
      338 9 BEIJING Reuter US AUTO giant General Motors Corp said yesterday it hoped to stay on schedule with a US$l billion (Ssl.4 billion) Shanghai car plant despite strains in Sino-US ties. While showing off a sleek new sedan that could roll off
      Reuter  -  338 words
    • Article
      Lock icon Taiwan offers to discuss HK with China
      225 9 TAIPEI AFP A TOP official on Chinese affairs yesterday said Taiwan was willing to hold talks with China on various sensitive issues, including Taiwan-Hong-kong exchanges after 1997 and direct shipping links with the mainland. Chang King-yuh, chairman of the Mainland Affairs Council (MAC),
      AFP  -  225 words
    • Article
      Lock icon Foreign investment in Shanghai hit 27b yuan in 1st qtr
      189 9 SHANGHAI AFP SHANGHAI attracted 619 foreign-funded firms in the first quarter of the year which brought in new investment totalling 27 billion yuan (554.5 billion), Xinhua reported yesterday. Of the new investors, 424 invested more than US$3O million (Ss42 million)
      AFP  -  189 words
    • Article
      Lock icon Pudong to halt land sales this year
      505 9 SHANGHAI Move prompted by commercial property glut; supply may take 3 years to digest Reuter THE Pudong New Area of Shanghai has decided to stop sales this year of land for commercial development in a belated move to ease a property glut, an
      Reuter  -  505 words
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      154 9 D>scovery traffic situation quite effortless. that would stop ordinary cars. mirrors, electric sunroof, automatic conclusion: there's no safer or more a driving Add to this the inherent Harsh as the outside world transmission and enough space to sensible vehicle for man or woman cruising strength of its steel box chassis
      154 words
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      65 9 Tung Centre 2,333 sf- 9,684.12 sf Parkway Parade 925.31 sf/1,592.48 sf 57/59/61 Robinson Road 56,575.62 sf (enbloc) Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf/3,982 sf/6,243 sf 174 Paya Lebar Road Built-up area: 14,477.58 sf Lucky Plaza #02-00,474 sf First Capital Property I Management Pte Ltd sis. r* iHr
      65 words
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  • ASIA
    • Article, Illustration
      Lock icon Japanese finance firm declared bankrupt with debts of 350b yen
      430 10  -  TOKYO Shinkyoto Shinpan's failure is nation's 7th largest since WWII By Anthony Rowley IN THE largest bankruptcy case to hit Japan's crisis-rid-den financial system this year, Kyoto-based finance company Shinkyoto Shinpan has been declared bankrupt with reported debts of 350
      Source: Bloomberg; ALLAN  -  430 words
    • Article, Illustration
      Lock icon Howard upbeat on state of economy
      220 10 SYDNEY AFP PRIME Minister John Howard gave an upbeat assessment of the Australian economy at a meeting of top bankers here, but acknowledged weaknesses in national savings and the labour market. Mr Howard said the USbased International Monetary Conference (IMC) paid Australia a great
      AFP  -  220 words
    • Article
      CPF-level savings not for Australia: Beazley
      261 10  -  SYDNEY By! Simon Hayes A LEADING Australian politician has launched an attack on Singapore's Central Provident Fund. Kim Beazley, the Labour Opposition Leader and former deputy prime minister, told a national radio programme yesterday Singapore was often held up as a country with a
      261 words
    • Article
      Lock icon New govt looks set to defend economic reforms
      442 10 NEWDELHI But differences within coalition have to be negotiated, says finance minister Reuter IN'DIA's new centre-left government got down to work yesterday amid signs it would defend path-breaking economic reforms but reinforce the state's role in investment. Finance Minister P Chidambaram, an
      Reuter  -  442 words
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  • FOCUS: CAMBODIA
    • Article, Illustration
      Lock icon Two-PM system must go
      1207 11  -  Cambodia's system of two prime ministers is not working well, says First PM Ranariddh ,Hy] Harish Mehta 4PHNOM PENHJ CAMBODIA must scrap the current system of two prime ministers after the next general election in 1998, said Prince Norodom Ranariddh, the country's First Prime Minister. Prince
      AFP  -  1,207 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      418 11 PERUNIS SILVER. specialises in exclusive retailing of 925 sterling silver, l designed and made in Italy, since 1989. Currently with six i retail outlets in Singapore, Perlini's Silver offers a wide range of jewellery and accessories to both the ladies and the men. i VPPMVNHHIHSWUHHNHHfIHHHHBMHNHHMHfINHMMiI i i Applications should be
      418 words
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  • THE WORLD
    • Article, Illustration
      Crime and punishment
      599 12  -  LETTER FROM LONDON Britain's liberal Judges are protesting against the new Criminal Justice Bill, Neil Behrmann THE British legal establishment is at odds with the Conservative government. At issue are government proposals for tougher prison sentences in a new Criminal Justice Bill. In the run-up to the
      599 words
    • Article
      Lock icon Closer to a convertible rouble
      259 12 MOSCOW FT RUSSIA, which has historically barred its citizens from taking the national currency out of the country, has taken a big step towards world markets by making the rouble fully convertible for foreign trade transactions. The move, which could make Russia more attractive for
      FT  -  259 words
    • Article
      Lock icon Bonn urges independent EU cartel body
      137 12 BRUSSELS Reuter THE European Union's (EU) competition watchdog has never been busier. Nor has it blocked more mergers or imposed tougher conditions on large takeovers. Yet Germany wants to take this one step further and is calling for an independent European cartel office. Germany
      Reuter  -  137 words
    • Article
      Lock icon Key US economic gauge up again in April
      356 13 WASHINGTON Bepirt suggests growth that started in lUrch U on track Reuter A KEY gauge of US economic activity strengthened for a third straight month in April, the Conference Board said yesterday, its best string of gains since late 1993 and a
      Reuter  -  356 words
    • Article, Illustration
      Lock icon Peace process will go on: Netanyahu
      305 13 JERUSALEM AFP PRIME Minister-elect Benjamin Netanyahu said yesterday he had made plans with the leaders of Egypt and Jordan to meet soon and promised the US president to go on searching for Middle East peace. US Ambassador to Israel Martin Indyk said Washington would
      AFP  -  305 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      195 12 The Elizabeth Singapore Unveils A. package thai allows you to tee-off at one of J oho re Bahru's most prestigious golf course. Pulai Springs Country Club. A mere 20-minute drive from the BfeSfei.- Kl Singapore-Johore Bahru Causeway. Choose to stay with The Elizabeth Singapore and v '..< enjoy a premier
      195 words
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      Page 12 Advertisements Column 2
      70 12 J 9, Auror», ko. tcognioed «i the laiigioua Italian urer of writing i. Now, Aurora unique Dante limited oerieo of si. DcitincJ for ▼era of worlJ. dm led retail price: imetmttm. AURORA made in Italy Available at: Cortina Watch Raffle* City; Sincere Lucky Plaza A Marina Square, Pinnacle Wlama Atria,
      70 words
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      Page 13 Advertisements Column 1
      471 13 Give Your Face a Free Executive Treatment S/nce Men's Skin Centre introduced The Executive Treatment, many men have experienced the pleasure and confidence that comes from having their skin "groomed" with the same attention V they give to their hair and the rest of their appearance. Now H Men's Skin
      471 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      How to entice yuppies to use buses, not cars
      770 14  -  THE BOTTOM LIKE OPINION By Ong Wee Hock The writer was with the Economic Development Board for more than 15years and last worked as general manager of CSA Holdings IN THE mad rush to own cars, Singaporeans seem not to have
      770 words
    • Article
      IN OTHER WORDS
      115 14 4 lf it could be done 2,000 years ago, we could do it one more time.' Arif Afld historian-turned-photo-journalist, planning the first hi-tech, camel caravan along the ancient Silk Road. They all have skeletons in their closet' -Ray Cole American who voted for United States President Bill
      115 words
    • Article
      Peace process must continue
      631 14 EDITORIAL ISRAEL'S outgoing Prime Minister Shimon Peres would not have stressed the need for continuity in his country's relations with the Palestine Authority if there was not a real danger of Prime Minister designate Benjamin Netanyahu trying to wriggle out of contractual obligations. Nothing could be
      631 words
    • Article, Illustration
      Lock icon Nintendo capitalists
      1115 14  -  The marriage of microchips and mathematics has led to increasingly volatile markets By Robert D Hershey Jr NYT IT IS 7.29 am, high above Chicago's South LaSalle Street and Patrick Beimford, the chief bond strategist of Zurich Kemper Investments, is poised like an orchestra conductor in front of
      NYT  -  1,115 words
    • Article
      WHAT THE OTHERS SAY
      408 14 US most be wary of the PLA CHINESE trade negotiators, smarting over the billions which they could lose if recently proposed United States sanctions came into force, have indicated to their American counterparts that closing down those mainland factories which illegally duplicate US software, CD-ROMs and
      408 words
  • Page 14 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Old Peking hard to find in Beijing
      829 15  -  But Beijing still has its ancient charm if you know where to go, says david c&zpp DAVID CHIPP Reuter The 3,000-year-old capital of China is today unrecognisable from that of 40 years ago, whereas much that remained in 1956 would have been familiar
      Reuter  -  829 words
    • Article
      Lock icon OUT: The Riviera; IN: the west coast of France
      497 15 TRAVEL Holid&ymakers are switching to cooler, cheaper Atlantic side Reuter [PARIS] Forget the Riviera. The "in" place to vacation in this summer is France's west coast. In one of those sea-changes in lifestyle, the Mediterranean Cote d'Azur with its overcrowded beaches,
      Reuter  -  497 words
    • Article, Illustration
      Lock icon A snub for Julie Andrews
      838 16 TONY AWARDS Her boycott of awards creates a row as Rent wins best musical award Reuter [NEW YORK] Broadway mocked and snubbed boycotting British superstar Julie Andrews at the 50th annual Tony awards on Sunday night. Host Nathan Lane poked fun at Andrews during the
      Reuter; REUTER  -  838 words
    • Article
      Lock icon Trendy magazines for beer, coffee drinkers
      570 16 DIVERSIONS Publications cover not just food fads but also lifestyles NYT [NEW YORK) Sipping their gourmet coffee, chugging but of course savouring their boutique beers, the consumers of the trendiest beverages are the targets of a growing wave of magazines and newsletters. Cups magazine,
      NYT  -  570 words
    • Article, Illustration
      Lock icon Dark memories of another day don't bother Seles
      707 16 FRENCH OPEN NYT [PARIS] The last time Monica Seles faced Magdalena Maleeva on red clay on a dank, dark day like this one, they were in Hamburg, Germany, on April 30, 1993. So was Guenther Parche, a deranged fan of Steffi Grafs,
      NYT; REUTER  -  707 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
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      138 words
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      Page 15 Advertisements Column 2
      288 15 f I 7 tW V I I \f 4 \/I t Y umu\ f V V V i 1 V I V V w y^ FLY in comfort in the 'Pride of the Pacific' E Air New Zealand with your best golfing Return air-ticket to Auckland on Air New Zealand
      288 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      60 15 DOOHHSBURYF t m '**CKS By Gary Trucleau **u~SURE,~»come em I I va/zwr I I SHOULD 60 you HAVE I ON ANOTHER LEVEL, ILOVBP IPUNNO... HAVETO r NO, YOU SERVED IN I BACK V VIET- inrn frfujk IT ,rs THE PARK SECRET OF IT'S HARP RD■ T I WN7- WOP- 1
      60 words
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      Page 16 Advertisements Column 1
      163 16 P PLAN YOUR OWN 1 SET MEAL Indulge in whatever you fancy for lunch! From a special menu, feast on your choice of appetizer, soup, main course cooked to your liking and complete the meal with a dessert buffet. For dinner, plan your very own 6-course set dinner of appetizer,
      163 words
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      Page 16 Advertisements Column 2
      139 16 SERVINGS UNLIMITED HELP YOURSELF TO 7" me Qoodics... Such a* meat dumpling (bak chmng). mini dumpling popiah, deep-frird spring roll, steamed yam bun, steamed minced pork A shallot cake, sweet peanut soup, sweet red bean soup, baked peanut pastry, mee teh, ang ku kueh, huat kueh. etc... Enjoy as much
      139 words
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      Page 16 Advertisements Column 3
      81 16 50 Market Street. #01-05 Golden Shoe Carpark. Singapore *****0. Inside Summer Gate Restaurant For enquiries, please call us at 336 3339 If it swims, <^i\fTF we ha ue it. < -\U 1 /f) Rt Seafood ft V International, OFF uw seme you for umch onljL the uiay you uiant it
      81 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      600 17 Singapore Business Giving you the winning edge M j ■s i il ■11 11 h\ j 111.11 k -1 gsVi'/m where to wime, dine and entertain J L WORLDS LARGEST SELLING BEER JK I MORE THAN JUST I MS- EAFOOD! 1 Besides live seafood, Singapore's largest outdoor seafood restaurant offers
      600 words
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      Page 17 Advertisements Column 2
      122 17 Lunch with a difference at The Mezzanine Our Sophisticated Sandwiches, with names inspired by faraway places, arc a tnp in themselves So are our quiches, salads and sinful desserts In the inviting ambience of The Mezzanine, you'll indeed have a most pleasurable lunch For reservations please call 831 6286/8/9 Lunch
      122 words
  • Page 17 Miscellaneous
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      Page 17 Miscellaneous Column 1
      803 17 TV&RADIO 10.30 News 5 Tonight. 8.30 IfMI 11-00 Tuesday Premiere 9.30 Zimfoni. i™ Th^ r l. Burndown (See Our 10.30 Science World. L3O Money. MoneyJUoney. choice) n.oo Tunas 2.00 How to Succeed in Busi- UM A MVidz. U. 30 TV Innovations. Lo In Living Color. L3O AM Close. 2 l
      803 words
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      Page 17 Miscellaneous Column 2
      282 17 CRYPTIC CROSSWORD for lamps (13) IB 10 Sw«vping undertaken by a politi- io~~ cian (7) 1 brought back (4) ■■V UmJ— K<> either direction _JH__J^H_—^__ It Write one's name as a gesture (4) 18 Make notes about a cut which must be made at an angle (7) __L_L__L__|__l I I
      282 words
Page thumbnail Page 18
  • Cycle & Carriage Golf Page
    • Article, Illustration
      Not for the faint-hearted
      2810 18  -  Robina Woods will unmercifully divide the men from the boys, says micklaus d'cruz NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review Robina Woods Golf Course i s tight. Norma 1 1 y when you are faced with fairways that are 30 metres in
      2,810 words
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      Page 18 Advertisements Column 1
      78 18 For those whose time has come, what better opportunity than now to view the new Mercedes-Benz E-Class. See it today or call *****00 (Pandan Gardens) or *****18 (Alexandra) for a test drive. rp, c Mercedes Benz 1 IIC E'L/IdSS Engineered to move the human spirit. CYCLE CARRIAGE Authorised Distributor for
      78 words
Page thumbnail Page 19
  • COMPANIES & MARKETS
    • Article
      Zagro launches 25m-share IPO
      385 19  -  Agri-healthcare group stands to raise $11.9 m in year's first Sesdaq offering By Annette Pau [SINGAPORE] Local agrihealthcare group Zagro Asia yesterday launched its initial public offer of 25 million new shares, the first Sesdaq and Sing-dollar issue for the year. Zagro's IPO consists of 19
      385 words
    • Article
      Marco Polo's 15-month profit slumps
      402 19  -  By. Abdul Hadhi [SINGAPORE] Hotel and property group Marco Polo Developments posted an after-tax profit of $16.18 million for the 15 months to March 31 a drop of 41.6 per cent from the $27.68 million it chalked up for the previous 12 months. The change
      402 words
    • Article
      Sing Tel up 16 cents to 2-year high
      201 19  -  By: R Sivanithy [SINGAPORE] Singapore Telecom's shares yesterday rose to a two-year high on the eve of its inclusion in the Morgan Stanley Capital Markets Index for Singapore. Sing Tel gained 16 cents to $4.10, a level not seen since the early
      201 words
    • Article
      Mancon set for big time with M$1.4b highway project
      702 19  -  HOCK LOCK SIEW William Chia MALAYSIAN-listed construction group Mancon Bhd generated considerable market interest recently when the company announced that it had been awarded a Msl.4 billion (Ss7B9 million) construction contract for the 44.7 km-long Kuala Lumpur-Sepang expressway project. The highway
      702 words
    • Article
      Hayes expects up to 50°/o sales growth
      320 19  -  By, Jennifer Lien [SINGAPORE] Hayes Microcomputer Products, an associate of Singapore diversified engineering group Acma Ltd, expects sales to grow between 30 and 50 per cent this year, instead of its previously forecast of 20 per cent. The world's second-largest modem maker had
      320 words
    • Article, Illustration
      Lock icon Tuan Sing diversification to continue, says group's CEO
      340 19  -  By, Agnes Wee [SINGAPORE] Main boardlisted Tuan Sing Holdings would continue with its diversified activities although property is expected to account for about half of this year's profit, its managing director and chief executive officer Hwang Soo Chin said yesterday. Although the
      ARTHUR LEE  -  340 words
    • REGIONAL COMPANIES
      • Article
        Shangri-La (M) to sell stakes in China firms
        324 20  -  Group to get 14.57 m new Shangri-La Asia shares in ftvr.hangA From Ruth Wong in Kuala Lumpur MALAYSIAN hotelier Shan-gri-La Hotels (M) Bhd said yesterday it will sell its stakes in two real estate firms in China to Shangri-La Asia Ltd for
        324 words
      • Article
        SC rules on short-selling
        178 20  -  From Ho Kay Tat in Kuala Lumpur THE Securities Commission's (SC) regulatory framework on short-selling tackles the issues of transparency and safety by setting the following rules: ♦clients must inform their brokers up-front if they are entering into a short-sale or not. ♦brokers must report all
        178 words
      • Article
        LKH in venture to build new S'pore Post Centre
        135 20 [SINGAPORE] Listed construction company Low Keng Huat (Singapore) Limited will be building the new Singapore Post Centre together with Penta Ocean Construction Co Ltd. The two companies announced yesterday that they had formed a 50/50 joint venture to work on building
        135 words
      • Article, Illustration
        Great River shares up nearly 14% after stock split
        374 20  -  w William Chia [SINGAPORE] Shares in Indonesian clothing retailer PT Great River International closed nearly 14 per cent higher at 1,475 rupiah (S$0.88) each yesterday when trading resumed after the counter was suspended last Tuesday pending a 1-for-l stock split. Great
        374 words
      • Article
        Powermatic blames tight supply for fall in sales
        206 20 (SINGAPORE) Computer network products supplier Powermatic Data Systems (PDS) told the Stock Exchange of Singapore (SES) yesterday that the drop in hard diskdrive sales for the six months ended Feb 29 was caused by a shortage in supply. The shortage made PDS
        206 words
      • COMPANY Briefs
        • Article
          Trio sell 75% of Mainland Investors
          79 20 (SINGAPORE) Three parties each with 25 per cent stakes in Mainland Investors Pte Ltd announced yesterday they have sold their combined $3.75 million $1 shares for a total of $5.58 million. Low Keng Huat. LAM Group Investments and Metro Holdings sold their holdings to
          79 words
        • Article
          Inter-Roller sells shares in unit
          55 20 (SINGAPORE] Inter-Roller Engineering has sold its entire stake 0f357,700 Msl shares in subsidiary Inter-Roller Engineering (M) Sdn Bhd (IRM) to Singapore-incorporated investment company Ammeeraal Asia Pte Ltd for M 5375,585 (*****.600). It sold IRM because its new subsidiary, IR Engineering Sdn Bhd, will manufacture and
          55 words
        • Article
          UOL adjusts price of warrants issue
          29 20 (SINGAPORE] United Overseas Land has adjusted the exercise price of its new warrants issue, Warrant 97, from $1.50 to $1.45, effective last Wednesday.
          29 words
        • Article
          FCC shareholders approve sale of flats
          28 20 (SINGAPORE] Shareholders of First Capital Corporation yesterday approved the sale of two flats in the company's Maysprings condo project to related parties.
          28 words
        • Article
          Amcol completes subscription exercise
          47 20 [SINGAPORE] Amcol Holdings Ltd said yesterday it has completed the first subscription exercise for 1.7 million new shares in its newly formed Mauritian joint-venture company, Guibies Holdings. The shares, costing US$l3.6 million (5519.2 million), represent 40 per cent of Guibies' issued share capital.
          47 words
        • Article
          SES queries Asiamatrix
          28 20 [SINGAPORE] The Stock Exchange of Singapore has asked the directors of Sesdaq-listed Asiamatrix to explain the stock's 13 cent price rise and turnover jump yesterday.
          28 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon Dutch group plans to buy US Ann Univar
          67 21 Reuter [ROTTERDAM] Dutch transport and tank storage group Pakhoed NV said yesterday it planned to take over US chemical distribution firm Univar Corp to enhance its global role in the oil and chemical industries. Pakhoed, which owns 28 per cent of Univar,
          Reuter  -  67 words
        • Article
          Lock icon Volkswagen pats Indian venture on hold
          41 21 AFP [FRANKFURT] Volkswagen has suspended a joint venture in India to wait for the political situation there to calm down, the company's executive for the Asia-Pacific region, Martin Posth, told the newspaper Die Welt yesterday.
          AFP  -  41 words
        • Article
          Lock icon Henderson to launch Metro City
          71 21 AFX-Asia [HONGKONG] Henderson Land Development Co is to launch its Metro City development in Tseng Kwan 0 on the market on Friday. A company official said the firm has not decided on the number and price of the units to be sold. Credit Lyonnais Securities
          AFX-Asia  -  71 words
        • Article
          Lock icon Times slashes Monday's cover price
          42 21 AFP [LONDON] The Times newspaper delivered a measured blow against its competitors in the British press yesterday when it cut the cover price for the first weekday to just 10 pence (SI0.21) for the summer months. AFP
          AFP  -  42 words
        • Article
          Lock icon Axa now holds major stake in Nokia
          57 21 Reuter [HELSINKI] French insurance company Axa Assurance Vie Mutueile has become one of the largest shareholders in Finnish telecommunications group Nokia, Finnish daily Aamulehti reported on Saturday. Axa holds 10.3 million shares or a 3.6 per cent stake worth more than two billion
          Reuter  -  57 words
        • Article
          Lock icon Time Warner may sell German TV stakes
          70 21 Reuter [FRANKFURT] Time Warner, the world's largest media company, is considering withdrawing from the German television market due to losses, news magazine Der Spiegel reported on Sunday. Spiegel said that the sale of three stakes was being discussed—a 30.8-per cent stake in news
          Reuter  -  70 words
      • Article
        Lock icon TI-Acer to stop making 4-megabit DRAM chips
        190 21 Reuter [TAIPEI] TI-ACER Inc, a Taiwan semiconductor maker, said yesterday it would stop making four-megabit dynamic random access memory (DRAM) chips after recent price plunges. "Because of recent fourmegabit DRAM price falls, TIAcer has decided to stop such production, or wafer starting further
        Reuter  -  190 words
      • Article
        Lock icon Citic Pacific denies plans to up HK Telecom stake
        383 21 Cathay Pacific deal doesn't mean change in investment strategy: chairman Bloomberg Business News [HONGKONG] Citic Pacific Ltd has no plans to increase its stake in Hongkong Telecommunications at this time, Citic's chairman said. Larry Yung, the chairman of the Beijing-controlled investment
        Bloomberg Business News  -  383 words
      • Article
        Lock icon Brierley may have sold stake in Mirvac
        176 21 Reuter [SYDNEY] New Zealand investment company, Brierley Investments Ltd appears to have sold its 15 per cent stake in Australian property developer Mirvac Ltd, a Mirvac spokeswoman said. "We believe BIL (Brierley) is the seller, but this has not been confirmed," the spokeswoman
        Reuter  -  176 words
      • Article, Illustration
        Lock icon Tupperware joins the party
        60 21 [NEW YORK] Executives of Tupperware Corporation and the New York Stock Exchange standing on the balcony of the exchange with the Tupperware flag last Friday as general trading opened for the first time for the company. From left: Rick Goings, Tupperware president; Nan Simonse, Tupperware distributor;
        AFP  -  60 words
      • Article
        Lock icon NAB acquires 25% of Metway's preference stock
        425 21 Move seen as attempt to wreck St George's AsB27m bid for bank Bloomberg Business News AFX-Asia (MELBOURNE) National Australia Bank Ltd (NAB) said it has bought 25 per cent of Metway Bank Ltd's series 1 convertible preference shares to gain "a seat at
        Bloomberg Business News; AFX-Asia  -  425 words
      • Article
        Lock icon National Australia Bank follows clients to Asia
        331 21 Reuter [HONGKONG] National Australia Bank is taking a cue from its customers and expanding its business in the rest of Asia, Jim Iliopoulos, general manager for Asian treasuries, said yesterday. "As the biggest bank in Asia, one of the biggest banks in New
        Reuter  -  331 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon British Telecom shares soar
        393 22 Industry regulator proposes less strict price controls on the company Reuter [LONDON] British Telecommunications pic shares soared yesterday as industry regulator Oftel proposed less strict price controls on the company for the four years after 1997 than many sector analysts had expected. Oftel's new price control
        Reuter; Source: Bloomberg  -  393 words
      • Article
        Lock icon Medical technology firms going public
        171 22 Reuter [NEW YORK] A batch of medical technology firms is due to go public this week, bringing some potentially promising firms to the market but also introducing an element of risk that some investors may shy away from. "We are getting a lot of young
        Reuter  -  171 words
      • Article
        Lock icon KHD rescue in Saudi hands
        306 22 NYT [BONN] A rescue package for Klockner-Humboldt-Deutz, the German engineering group which faces bankruptcy after uncovering hidden losses of 650 million deutschemarks (Ss6ol million), depends largely on the goodwill of Saudi Arabian businesses which ordered three cement plants from the group. Executives close to the
        NYT  -  306 words
      • Article
        Lock icon Two UK insurers resist pressure for special merger dividend
        194 22 NYT (LONDON] Royal Insurance and Sun Alliance are resisting pressure from institutional shareholders for a share buyback or special dividend as part of the planned merger of the two UK composite insurance groups this summer. The absence of an extra payout
        NYT  -  194 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Iraqi oil ready to flow
        52 23 [KIRKOUK, Iraq] An Iraqi technician working on the Turkish-Iraqi pipeline which starts in Kirkouk, some 300 km north of Baghdad. The pipeline was closed for six years due to the United Nations embargo but it is expected to reopen soon to resume transportation of Iraqi
        AFP  -  52 words
      • Article
        Lock icon Bigger HK role for China banks
        442 23 3 big Chinese banks seen to be keen on tie-ups despite BOCTs dominance: analysts Reuter (HONGKONG) China s stateowned banks are likely to become more involved in Hongkong's banking sector over the next few years despite the Bank of China's dominance of the market,
        Reuter  -  442 words
      • Article
        Lock icon Ratings for yuan business
        130 23 Bloomberg Business News [SHANGHAI] China, moving to allow foreign banks to do business in the local currency, said it will rate them, permitting some to conduct yuan business, the Business News newspaper reported. Banks with an "A" classification will only have an overseas licence, limited to
        Bloomberg Business News  -  130 words
      • Article
        Lock icon Loan deal signed for Wuxi complex
        192 23 Reuter [SHANGHAI] Wuxi-Singapore Industrial Park Investment Co (WSIP) signed a loan for US$5O million (Ss7o million with eight banks to develop the Wuxi Commercial Complex in China's eastern Jiangsu province, it said yesterday. The loan will be used to help build the complex, in
        Reuter  -  192 words
      • Article
        Lock icon Bank of East Asia to place UCB shares next year
        284 23 Group to sell 40% stake to investors in China and Taiwan Reuter [SYDNEY] Bank of East Asia Ltd plans to place 40 per cent of the issued capital of its United Chinese Bank Ltd (UCB) unit some time next year
        Reuter  -  284 words
      • Article
        ING Barings' Latin American dealers defect to rivals
        288 23  -  Bat rumours of mass defections denied by senior officials From, Neil Behrmann inLondon A LARGE group of ING Baring's Latin American dealers and researchers have defected to join Deutsche Morgan Grenfell. An ING Barings spokeswoman in London confirmed that at least eight
        288 words
      • Article
        Lock icon Lehman's new Asian bond chief
        133 24 Reuter [HONGKONG] Lehman Brothers has appointed John Hunt as regional manager of its Asian bond business as part of its strategy to maintain an active role in the region's growing debt markets, the company said yesterday. The firm estimates that the size of the Asian
        Reuter  -  133 words
      • Article
        Lock icon Fuji Bank sees merger as one way of gaining an edge
        358 24 It's looking into capital raising options including new share and preferred stock issues Reuter [SYDNEY] Fuji Bank Ltd, Japan's sixth biggest commercial bank in terms of assets, sees merger as an option to increase its competitiveness in the international
        Reuter  -  358 words
      • Article
        Lock icon Shares of Aussie banks drop on fears of rate war
        282 24 Bloomberg Business News (SYDNEY] Australian bank shares dropped yesterday amid concern that a home loan rate war among major lenders will reduce bank profits next year. The Australian Stock Exchange's banking index dropped 2.3 per cent in the first day
        Bloomberg Business News  -  282 words
      • Article
        Lock icon Euroyen futures stay bullish
        229 24 flimriii Report Reuter (SINGAPORE) Simex Euroyen futures continued to defy gravity in bullish trade as market belief that Japan would keep interest rates low in the near-term received a fresh boost from reports that a Kyoto-based finance company had filed for bankruptcy. After rising as high
        Reuter  -  229 words
      • Article
        Lock icon CURRENCY REPORT
        178 24 Reuter London THE dollar recovered after an early fall, prompted by comments from a US economist about the risk of a financial crisis in Brazil and analysts said the recent choppy trading may illustrate signs of deteriorating sentiment. The focus later shifted to key economic data releases this
        Reuter  -  178 words
      • Article
        Lock icon Oil prices rebound but market still anxious
        339 24 ENERGY REPORT Reuter [LONDON] Oil prices shrugged off early losses yesterday to recover some ground, but analysts said further weakness is likely if the Organisation of Petroleum Exporting Countries (Opec) ministers take no action on quotas at their meeting this week. North Sea
        Reuter  -  339 words
      • Article, Illustration
        Untitled
        1226 24 DITBRBAMK COEBBMCT EATBS 4 C^raart*i *64** A** «U Q—*»» K +mr ftrfwdir U Off* m OfHr SSWSS to mu unit ofttwvygn eurmcp: .SXtS* to 100 unit* of forngn rurrmy: </ w ter ttt74 1,2,7 OJWO 0.1015 FrMdi Iraac 27JIM 27.3373 19.40*2 19.4130 C«H«M mm 1.0263 1.0292 0.73* 0.7309 Mm W.I9
        1,226 words
    • Article
      COMMODITY PRICES
      1601 25 sicoM runntBs ju n 03 ISSICMTtACTacNbfe) CtoM V*m OM "art* HI||| Ljm $#tt CIWW) Iwtfwt MH 212J5 ***** 212.25 125 1850 A*96 ***** 207.90 206.50 275 2575 Sao96 205.50 ***** 204.50 1325 2925 OrtAtC 96 m 202.50 225 ***** J*A*»«7 202.00 2925 *r/J» 97 202.00 WICWTMCT (IBcatfaftt) VolMN
      1,601 words
    • Article
      WORLD STOCK MARKETS
      2239 25 LOMMM fr*Htlldl Nw A. A. Corp Adr 641/4 -1/4 Ports 287 unch AbOey National 552 -1 Anted Lyons 478.220 -5.780 Amoc 112 -1/2 Argyd 353.530 -.970 Asda Group ne -1/4 bat Ind 516 -3 WCC 327 11/2 BOC Group 933 2 B« Petroleum 558 2 1/2 BTR
      2,239 words
    • Article
      Lock icon TOKYO
      1678 25 Bloomberg Business News QNikkei 225 -367.87 THE Nikkei index recorded its biggest fall in 12 weeks as the dollar fell and a Kyoto home mortgage firm went bankrupt. The bankruptcy revived investors' anxieties about the Japanese financial system's ability to rid itself of close to 35 trillion yen (*****
      Bloomberg Business News  -  1,678 words
    • Article, Illustration
      Lock icon HONGKONG
      1702 26 Reuter CI Him Sen* -***** STOCKS closed yesterday with hefty losses, following US and Japanese stocks' tumble on renewed US rate hike worries, dealers said. The blue-chip Hang Seng Index dived 204.92 points, or 1.82 per cent, to 11,059.81. The broader All-Ordinaries Index sank 82.69 to 5,285.38. Turnover shrank
      Reuter  -  1,702 words
    • Article, Illustration
      Lock icon CHINA
      658 26 n Shanghai B Share Index -054 THE Shanghai B market ended sharply lower, led by Shanghai Diesel Engine, because of worsening market sentiment. The index slipped 0.54 point to 48.44 on a volume of 3.5 million shares worth US$l.2 million. "The fall of Shanghai Diesel Engine pushed the index
      Source: Credit Lyonnsis Securities (Asia) Ltd  -  658 words
    • Article
      Lock icon TAIPEI
      376 26 AFP Q VP Index -9M SHARES finished lower as investors stayed on the sidelines amid lacklustre trade. "A lack of fresh incentives kept investors at bay, and extensive buying of Taiwan Cement and other heavyweight issues by institutions failed to reverse the downward trend," said a trader. The Weighted
      AFP  -  376 words
    • Article, Illustration
      Lock icon JAKARTA
      703 26 AFP P Composite Indei +7.01 THE market firmed up as investors bought shares in cigarette company Gudang Gar am. "The market was basically quiet, with movements centred on Gudang Garam," a dealer said. The JSE Composite Index rose 7.01 points to 624.47. Turnover was 66 million shares worth 117.9
      AFP  -  703 words
    • Article, Illustration
      Lock icon BANGKOK
      857 26 AFP n SET late -17.80 SHARE prices dropped in light trading amid political uncertainty, dealers said. "The Prachakorn Thai Party's decision to pull out of the government has affected market sentiment, along with reports that the central bank governor could be replaced and that Moody's would be downgrading Thailand's
      AFP  -  857 words
    • Article
      Lock icon MANILA
      363 26 AFP n Manila -IMB SHARE prices closed lower in a technical correction. The PSE Index fell 18.89 points to 3,231.37. Turnover was 12.6 billion shares worth 3.1 billion pesos. Manila Electric Co A shares eased two pesos to 156, while its B shares fell 2.50 to 265. San Miguel
      AFP  -  363 words
    • Article
      Lock icon SEOUL
      442 26 AFP Q Composite Index -10.76 SHARE prices fell as investors dumped their shares after the arrest of the country's securities supervisory board chief. "Market sentiment remained sour on worries of the fallout of the graft scandal involving the top stock supervisor," said a trader. The Composite Price Index fell
      AFP  -  442 words
    • Article
      Lock icon SYDNEY
      624 26 AFP QAM Ordinaries -343 SHARES eased, led lower by blue chips and bank stocks in the aftermath of Wall Street's slump last Friday. The All-Ordinaries Index fell 34.3 points to 2,230.2. Turnover was 377.9 million shares worth AsB36 million, with falls beating rises 615 to 340. Traders said the
      AFP  -  624 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks fall on credit tightening measures
        8014 27 KUALA LnMk<JK,Beports Bloomberg Business News C 3 Composite Index -9.57 SHARES fell to their lowest level in almost two months, led by small-cap stocks, as some brokerage firms made it harder for investors to buy shares on credit. Stocks were also weighed down by
        Bloomberg Business News  -  8,014 words
    • WARRANTS & OPTIONS
      • Article
        Where underlying shares are better
        3944 28  -  WARRANT WATCH By R Sivanithy IN A recent column, we said there were only five warrants available on Sesdaq stocks. This is incorrect in addition to the five we highlighted, warrants are also available on Asiamatrix and Inter-Roller. Since Sesdaq still seems to be in
        3,944 words
    • Article
      CLOB INTERNATIONAL
      2335 28 MALAYSIAN STOCKS Or Or I9M LmI VM Day LaatOwot* IN* OK VM MM MCn High Law Stna Cmpany SaM COOP) H»g Law Buyar *a—r 9* CVr 9* P/I tnH *25 3*4 5000 AISBSOc IH I 25 J* 30* Mi 3M 5.0 19 0.4 MA Hit ra M 5001
      2,335 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1230 29 TUMOVCK COOO) VALUC fOOO) c»» utx mm em t««i Indurtri* 99,976 4.766 103,742 345,580 8,853 354,433 rm*K» 5,056 7 398 12,454 49,284 4.532 53.816 Hot»«i 1.831 419 2.246 5,356 680 6,035 frflMrttn 14,518 4,9*9 1*507 70,78* 6.320 77,116 Plantation 753 753 2.098 2,098 H*** 339 339 1,001 1.001 BLW 3.926
        1,230 words
      • Article, Illustration
        HOT STOCK
        65 30  -  ■y Shiv Taneja COMFORT GROUP closed yesterday at $1.37, up three cents on a whopping volume of 5.8 million shares more than 10 times its 10-day average. It is now just one cent off its six-month high of $1.38. At the current level, Cor\fort is a sell despite
        65 words
      • Article, Illustration
        Sesdaq, MSCI-linked counters save the day
        914 30  -  STOCK MARKET COMMENTARY Slide in local and Malaysian bine chips reflective of poor performance in Japanese and Hongkong markets By R Sivanithy [SINGAPORE] Weakness throughout the region made itself felt in the local stock market yesterday. The only real interest here was in stocks
        914 words
      • ON THE GRAPEVINE
        • Article
          Angels with venture capital
          86 30 THERE is a new group of venture capitalists called "angels", according to industry sources. These are wealthy individuals who are prepared to plonk down a million dollars here and there for promising start ups with no questions asked, no feasibility studies, trend analyses sought. They are
          86 words
        • Article
          Ez-Koeneman fund manager moves
          89 30 DEEP KAPUR, portfolio manager and global investment strategist at Koeneman Capital Management, is leaving for Salomon Brothers. Salomon said it has appointed Mr Kapur as a director and chief strategist for its Asian equities business based in Singapore. Mr Kapur will be responsible for developing equities
          89 words
        • Article
          A Merc ride for everyman?
          138 30 LAST week, Cycle Carriage shares took a tumble after taxi-operator City Cab announced that it will be using Mercedes cars to ferry passengers. Some market watchers attributed the shares' fall to the perception that Mercedes would lose its prestige as a car good only for
          138 words
        • Article
          Saving brokerage for Tony
          66 30 A READER who read our item on how Tony Tan, boss of Parkway Holdings, had to pay brokerage two ways for transactions which amounted to an internal family reshuffling of shareholdings in the listed health-care and property group, has this advice for him. She said he
          66 words
        • Article
          Property bubble intact?
          95 30 PHILLIP SECURITIES is one of those which do not believe the property bubble will burst. Its reasons: Singapore has favourable fundamentals such as a high growth rate of income and savings; rising HDB valuations form a strong base for flat owners to upgrade and low interest rates.
          95 words
    • Article
      MAIN BOARD
      4526 29 Cr Or M Wt I9M Last Vol Day Last Ouata Dlv Mv VM Nat Cap Avg HI* Law StMa Ci«nm Ma COOP) HlgH Law 6wyar taHar CV f* Plica MMSTWAU 5146 ASE NTSIO 200 US- 214 165 1258 AcarSOc US184 unch 109 186 183 184 186 5.0N 7.5
      4,526 words
    • Article
      SESDAQ
      1039 29 e» Cf M wt "96 Lwt Vat Day Lnt Quota Otv oty VM Nat Cm 1m Hlffc Law StNo Company SaM COOP) H>f»l L— 8wyr SMtr H C"»r P/l Jmji Met mpfto 289 234 2000 ABRHMgsSc 253 CO *9 330 260 244 252 254 3.0 M2 01 ISA 1
      1,039 words
  • Page 19 Advertisements
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      194 19 THE ASIA CONFERENCE ON TRADE AND THE ENVIRONMENT June 27 28,1996 The Shangri-La Hotel Singapore Increasingly, trade is being linked to environmental issues. What does this mean for corporations Will trade between developed and developing countries become more and more difficult Will environmental issues restrict market access or is it
      194 words
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      Page 20 Advertisements Column 1
      77 20 There s no being on the Horns of a Dil emma when it comes to deciding where to go for the leanest, juiciest, tenderest Black Pepper Steak in town.With a more-than-generous topping of Pepper Sauce, the Pepper Steah at the Huhertus Grill should leave you quite speechless. As d oes
      77 words
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      Page 20 Advertisements Column 2
      362 20 I(*£? Master of Science in Information Resources Management Awarded by Syracuse University, USA The Singapore Institute of Management is pleased to introduce the Master of Science in Information Resources Management (MScIRM) awarded by Syracuse University, USA. Syracuse University is ranked SECOND in a national survey of educators in the field
      362 words
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      Page 21 Advertisements Column 1
      192 21 t«JKseBSSre;L «i 3s *V i 'sjßfi# n 4, lte.tii I r-^ -^*t^sv r s©i -V-^B Enjoy a heavenly sleep with adjustable 'winged' headrests in Business Class. The world's long distance airline. QJUW7MS 5 Trade in your old photocopier, any brand, |i« Up tO.. ~"1 y^w i- "> I /_if. ll
      192 words
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      397 22 J »i JBjMaMaMHH|HM||ik»-; -vvf A «iAto »>i > PBfc.,- START YOUR EUROPEAN HOLIDAY ON A HIGH NOTE The scenic and cultural splendours of Moscow or St. Petersburg will make your European holiday a memorable experience. Especially when you're flying there in the comfort of our modern fleet. Also savour the
      397 words
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      Page 22 Advertisements Column 2
      80 22 4 Tke American till of rigfkts. Right food, right service, right decor, right ambience. The list of rights is never-ending at Seasons. Experience the very civil liberties we've taken with fine dining and try our new menu of lighter, healthier American cuisine. Right away. SEASONS at the Four Seasons Hotel
      80 words
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      Page 23 Advertisements Column 1
      342 23 3\\e Savings Fund was launched on 7 July 1965. Standard Chartered Bank. Alternatively, you may It is a long-term capital growth fund concentrated simply call Standard Chartered Bank's Tele Serve in a variety of high quality, blue-chip securities listed Hotline at 1800-5353 522. on the Singapore and Malaysia Stock Exchanges.
      342 words
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      Page 24 Advertisements Column 1
      606 24 PERTH WESTERN AUSTRALIA corner murray st. a BARRACK ST., PERTH, I WESTERN AUSTRALIA. Millß Adjacent to Murray Street Mall. Fully leased freehold r "Vffi, (mm Br Approximate net annual VpfwiN Income of $361,600. r» Excellent growth potential. AUCTION Parmella Hilton Hotel. MHI StrMt Perth. 11am Wed 3rd July 1996. Singapore
      606 words
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      Page 26 Advertisements Column 1
      65 26 I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Supplement in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner. Joe Heng 740
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      Page 26 Advertisements Column 2
      19 26 The New Zealand stock market was closed for a public holiday yesterday. Singapore Business Giving you the winning edge
      19 words
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      Page 28 Advertisements Column 1
      37 28 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai W six times daily. Enjoy gourmet food, vintage llwlEO French wines and a standard of service that's 4000*^^. famous the world over. -'izm-afevv-.i-..- >
      37 words
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      1 29 aj.''
      1 words
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      Page 29 Advertisements Column 2
      138 29 To SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quickstock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period J 12 months ~l 6 months 3 months at 5560.00 at S
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      792 30 TO ADVERTISE CALL TOLL-FREE 1 800 -74 1 18 83 CQSCO INVESTMENT (SINGAPORE) LIMITED (Incorporated in the Republic o( Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting ol the Company will be held at Magnolia I Room, 3rd level, Hyatt Regency Singapore, 10-12
      792 words
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      Page 30 Advertisements Column 2
      369 30 In The Matter Of The Companies Act, Cap. SO And In the Matter Of SSS SURVEYOR SERVICES PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act. Cap 50 the Final Meeting of Members of the Company will
      369 words
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      Page 30 Advertisements Column 3
      105 30 Singapore Closing Share Prices 03/06/1996 CLOSE PREV LOW HIGH tftl If# uss uss uss uss TMwmf Jardine Matheson 7.60 7.70 7.55 7.80 Jardine Strategic 3.00 3.00 3.00 3.02 LXsSSr Dairy Farm 084 085 0 825 084 Hongkong Land 2.19 2.20 2.19 2.22 Hn|| Mandarin Oriental 1.46 1.40 1.40 1.50 EhUhhlmhi
      105 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      313 31 Knight Ridder Reuter THE Baltic Freight Index's (BFI) rate of decline slowed on Friday when the BFI was fixed at 1,339, down just four points, against losses of 17 and 13 points on Thursday and Wednesday respectively. "The US Gulf/ Japan heavy grain route looks like it's firming
      Knight Ridder; Reuter  -  313 words
    • Article
      MARITIME STOCKS
      293 31 *00 J—J HI CWT Distribution L4B *O.02 M Chuan Hup Holdings. 105 -0.02 32S Cmco invostmont _L65 -0.06 21 FtLS 8.40 -O.X) 3t1 froightUnks 0.33 *0.04 219 08 Holdings U3 *0.01 163 Hal Sun Hup LOS -0.02 820 MUcN Zmki 0.99 mc HoMngs HK5.60 Jaya Holdings 1.39 <-0.03
      293 words
    • Article
      MISC rated world's best performing shipping line
      593 31  -  Malaysia's national carrier has 21.7% operating margin, says survey By\ Rahita Elias [SINGAPORE] Malaysian International Shipping Corp (MISC) has topped a ranking of the world's 10 best performing shipping companies involved in the liner business. US-based shipping monthly American Shipper conducted a survey
      593 words
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      Lock icon KPM's investment to focus on upgrading box terminal
      273 31 Bernama [KUALA LUMPUR] Klang Port Management Sdn Bhd (KPM) would concentrate its capital investment for 1996 on the container terminal which would receive M 5135.7 million (5576.4 million) allocation to expand its facilities. Chairman Rahmat Jamari said in the company's latest annual
      Bernama  -  273 words
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      Lock icon Seoul to probe alleged attack on Korean boat by Chinese pirates
      240 31 AFP [SEOUL] The South Korean foreign ministry has asked its embassy in Beijing to investigate an alleged attack by Chinese pirates on a fishing boat in the Yellow Sea, in which five South Koreans were injured. "If it is
      AFP  -  240 words
    • Article
      IACS cracks down on bulkers
      106 31 [LONDON] The International Association of Classification Societies' (lACS) Council is launching a much-heralded package of measures to improve bulker safety. The package addresses both enhanced watertight integrity for the existing fleet and design developments for future ships. It includes further acceleration of lACS' cargo hold
      106 words
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      Lock icon Iran receives first of 5 oil tankers
      190 31 AFP [TEJHERAN] Iran has taken delivery of the first of five 300, 000-tonne oil tankers from the South Korean company Daewoo. The head of the stateowned oil tanker company, Mohammad Suri, said the crude carrier was delivered last week and the others would
      AFP  -  190 words
    • Article, Illustration
      Lock icon Foreign drive into Myanmar
      802 32  -  FUBZAZMO DEMAND: SHOWROOMS IN YANGON READY FOR BUSINESS One of the poorest countries in the region is being targeted by foreign firms such as BMW, Honda and Nissan. They are hoping that the fitful economic awakening and a growing number of consumers will increase demand for
      AFP  -  802 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      301 32 PAGE turohans 6 ACL tl E»ergre«l 6 ANL 3 Emprinw 5 Able 6 3 Famous 7 Accord 12 Feedertrans 13 Ahrenkiel 4 Fl-Bright Appenship 4 FoongSun 12 Astro 3 Frot Austral 11 Frt World Avant 6 l n 5 BSA 7 Gemartrans 13
      301 words
    • Article
      SHIPPING GUIDE
      15268 38 EXPORT ETA ETA Advartlsar VnMl Voyaga Talaphona ETA ETA Advartisar V»»sal Voyaga Telephone SIN 0*sfn Name Name Number Number SIN Dait'n Nam* Name Number Number WWMBWW I s A M/M 08/07 Trwsttoo EVER LEVEL 0*2 122W *5-*****35 15/M 07/07 Hanjin TRADE MAPLE M7W *5 32*224 T0 AB JC
      15,268 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        679 45 Vwwj Voy No B»rth Arrival Departure Mm *X2 MnguM 04.04/2300 JJWrlMt ***** J01 Monqsxta 04 06/1000 J?J*"* *V» XI *mp«)o 04.06/0645 C* 14 VH J04 KonqsMt 07 06/1800 *****6 JOT ikmgudt 04.06/238 2**Co« 03/96 J* Mongud* 06.06/2300 **219 2V* J17 Jtortfudt 04 06/1500 *****6 J21 i KM 04.06/2300
        679 words
      • Article
        CONTAINER SCHEDULES
        1875 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Baionco Rstls SHIp Voy Mo Etb/Btr Period From To From to J** »M OWTOO 20 03/1700 04/0659 04/0*00 3 04/0700 04/m* 04/1400 4 04/UM 04/1459 04/1700 Aa SMR MM 04/2300 M 03/1500 03/1*59 03/1*00 03/1700 04/0459 04/0900 4595 05/0900 U
        1,875 words
      • Article
        COCKETT BUNKER MARKET REPORT
        980 45 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averages ized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        980 words
      • Article
        GLOBAL HOLIDAY
        369 45 JUNE 4 Iran: 15th Anniversary of Khordad Uprising. JUNE 6 Austria/Chile/Poland: Corpus Christi. South Korea: Memorial Day. JUNE 7 Malta: National Day. JUNE 10 Australia: Queen's Birthday, public holiday in all states except Western Australia. Argentina: Falklands Day. Colombo/Venezuela: Corpus Christi. Thailand: Golden Jubilee of Thai King's Coronation.
        369 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Airbus investing US$30m in S'pore satellite base
        405 46  -  Aircraft maker's Layang warehouse can now stock 16,000 spare parts By Yong Mei Fong [SINGAPORE] Airbus Industrie is investing US$25 million (Ss3s million) to US$3O million to boost its spare parts stock 16 times at its satellite base in Singapore. Airbus general manager
        405 words
      • Article, Illustration
        Lock icon Arafat's plane christens Palestinian airport
        330 46 AFP [RAFAH, Gaza Strip] Yasser Arafat's personal jet landed in the Gaza Strip on Sunday, christening the Palestinians' first international airport in what the Palestinian leader declared a new step in building an independent state. With the pilot holding a small Palestinian flag out the
        AFP; REUTER  -  330 words
      • Article
        Lock icon United Airlines seeks tie-up with Japanese carrier
        283 46 American airline trying to develop a global system Reuter [TOKYOJ A senior United Airlines official said yesterday that the airline, a unit of UAL Corp, is seeking an alliance with a Japanese carrier. United Airlines vice-presi-dent Cyril Murphy said that United is trying
        Reuter  -  283 words
      • Article
        Lock icon McDonnell Douglas machinists union votes to strike
        262 46 Bloom berg Business News [ST LOUIS] McDonnell Douglas Corp's 6,700 machinist union members at the company's St Louis plant voted overwhelmingly to reject a new contract proposal, vowing to strike tomorrow. Members of the International Association of Machinists and Aerospace Workers voted 4,394
        Bloom berg Business News  -  262 words
      • Article
        Lock icon South-east Asian tyre demand expected to soar
        290 46 Region's car market conference told Reuter (SINGAPORE] Tyre demand in South-east Asia will climb at a rapid rate until the year 2000 on the back of a fast expanding car market driven by buying from a young and increasingly prosperous population, an executive
        Reuter  -  290 words
      • Article
        Lock icon US helicopter maker to start production in Thailand
        324 46 AFP [BANGKOK] A Thai-con-trolled US helicopter maker plans to shift its production base to Thailand from 2001 with an investment of 12 bil- lion baht (Ss66o million), the Bangkok Post reported yesterday. Hiller Aircraft International, set up after Thai investors bought 70
        AFP  -  324 words
      • LOG Book
        • Article
          Lock icon Hongkong denies 3rd runway plan
          87 46 Reuter [HONGKONG] Hongkong's Airport Authority yesterday denied a report that it was considering building a third runway for its new international airport The Sunday Morning Post had reported that the authority was considering a third runway as part of expansion plans at the northern end
          Reuter  -  87 words
        • Article
          Lock icon Citra Lamotoro Gung wins airport deal
          71 46 AFX-ASIA [JAKARTA] PT Citra Marga Nusaphala Persada affiliate PT Citra Lamtoro Gung Persada won a cooperative operation scheme (KSO) contract to help build and operate a new international terminal in Surakarta (Solo), the Jakarta Post reported. The first phase of the project will require
          AFX-ASIA  -  71 words
        • Article
          Lock icon PAL seeking to block Cebu Air's petition
          66 46 AFX-ASIA [MANILA] Philippine Airlines has asked the Civil Aeronautics Board to reject a request by JG Summit Holdings Inc unit Cebu Pacific Air for permission to fly international routes. Business Daily quoted PAL's petition to CAB as saying Cebu Air "should have established
          AFX-ASIA  -  66 words
        • Article
          Lock icon Kawasaki Heavy to invest 1.2b yen
          51 46 AFP [TOKYOJ Japan's Kawasaki Heavy Industries Ltd will invest 1.2 billion yen (5515.6 million) to raise its output of parts for Boeing Co of the US, a company spokesman said yesterday. The step followed Boeing's recent increased production due to recovering demand for aircraft
          AFP  -  51 words
        • Article
          Lock icon Samsung Aerospace revises l996 exports
          63 46 AFX-ASIA (SEOUL] Samsung Aerospace Industries Ltd revised upward its 1996 export forecast to US$B7.5 million (5J122.5 million) from US$75 million due to stronger-than-expected aircraft component exports in the first five months of the year, Yonhap news agency said. A company official was quoted as saying
          AFX-ASIA  -  63 words
      • Article
        Lock icon French firm to pull out of Taiwan over LRT dispute
        192 46 Bloomberg Business News [TAIPEI] Matra Transport Taiwan, a unit of France's Ma-tra-Hachette, said it intends to pull out of Taiwan, amid a contract dispute with Taipei City over the city's light-rail system. Matra and Taipei's Department of Rapid Transit System
        Bloomberg Business News  -  192 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1662 46 an FU6HT HA FUCHT ETP THiili S0989 1780 S0990 OW5 immm urn* a» G<m«I SROT 2320 AdataMa S0230 1830 6—mlwMC C2354 0925 Of* W30 i Hanoi VM745 1300 VH744 MOO Amstardaa GA897 1045 GA892 0030 VM741 1310 YM740 1410 KL837 1445 KL844 0040 HatYat T6407 2105
        1,662 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      12 31 Foreign car alalia's'drive into Myanmar Yangon showrooms ready for business. Page 2
      12 words
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      Page 31 Advertisements Column 2
      601 31 Airbus investing USs3om in S'pore satellite base Warehouse can now stock 16.000 spare parts. Back Page in he fourth edition the Shipping JT Finance Annual 1996/97 out. The book examines the methods of ship finance, legal and insurance issues faced by the industry today. Special profiles on 20 countries are
      601 words
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      1296 32 I OTHER DESTINATIONS I NORTH AMERICA DIRECT TO WEST COAST WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) ~j vot mi n»sw u mw» w w m woman vissa man rrjwTZM]»*no*liMßiAv»nwu|nuumalu ■umbuqlkajwtulmumcmjMwico wsa vot imitlW SjSjjjj »imm «irni m umsmt *11 mm m/m n/»
      1,296 words
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      Page 32 Advertisements Column 2
      342 32 Lines services represented lllraKl MembefS 01 me Reg'siry of Accredited Shipping Agents. S'pore National Shipping Assoc Members ot the ■J Singapore Freight Forwarders W Association. CALL US... q^ANYWHERE, ANYTIME. In the demanding world of marine With a wortiwide supply network of lubrication, the efficient servicing ot more than 550 ports
      342 words
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      Page 33 Advertisements Column 1
      1284 33 TMfK SOUTH WIST EXPRESS (DMCT) wssa wr m mm mm ux m am en wrc ah. hou I moo sal mmmm wg n/u k/u %/u 2i/o» v/u nm vm vm n/% um nm mwamk ooTi IW "WoT" 11/04 vim n/w u/w gg 04/07 p4/oy 05/07 os/ay os/o; WlWifS OKI 17/00
      1,284 words
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      Page 33 Advertisements Column 2
      2392 33 I HANJIN SHIPPING USA CANADA' juwima/voT w sw ro» 'mw j top cm on do< iph| w< |kx wtc |o»f rvi |m|ra m tig hhkowhiii m/m m/m v/u m/m m/m m/m m/m m/m "T/»; 3/07 01/07 w/»; 03/07 03/07 w/07 oi/o 7 "04/07" m/ 07 "01/07 oi/oz HJUOSWBM4E 11/ M
      2,392 words
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      Page 34 Advertisements Column 1
      1588 34 VBS£L VOY HAM »OAM ANT LHA S7ON P KELAMG SIN HKG KAO TYO SM (OK NAG NAMiwamss «so"Tys~ i?/s m a/a Iq7T~ "TiTT ~i77T UMAHMA 4«120 l|/5 lA/S 22/ 5 71/5 10/t 17/4 KiatANOwt utao ivs ivt w7s >/> 10/t NOtTQUMUU* 03ED?1 w 5 24/5 12/4 IVA 20/6 H/4 I//*
      1,588 words
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      Page 34 Advertisements Column 2
      1184 34 I NORASIA IV«S£L VOY sm ALO LAS BCLVAL HAM BRE ROT ANT FEL LHA B» Ml M IW !W JW 1111 MI M! OM! I y* 3 2VX "*7 87*7 14*7 11*7 12*7 12*7 14*7 m IM7 14,7 nifl IW7 IM7 19*7 21*7 222 W 3 Mfl7 241,7 21*7 28*7
      1,184 words
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      Page 34 Advertisements Column 3
      722 34 I /VO/?TRANS TEL 65-*****67 FAX: 6S-*****90 R»yhr Umt StHcr T> loagktfc &I— Chfri Mriti-Purpose RO/LO Comer Acceptim^ RO/RO, Romp Capacity opto 40 tons Heavy lift upto 68.5 tons Conventional/ Bred Buk /Container/Reefers Containers Thai Flag Status lAaoExyatt V.24A HPORT 10-12/0* W-10/06 15-17/o*l Am Express V.2SA 15-17/06 20-22/06 22-23/06 26-21/06* II
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      Page 35 Advertisements Column 1
      1094 35 STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****88 Fax: *****17 MMH j HUM tOHVtNTIONAI SIKVICt [SA«AW*K (OHTAIHIH StRVICE Ivesa vox =a T a w s T MUA I a I Ivissa vor |wtGAfo«t| mxxmo smnnw vnin I o;/n n/ot u/ot ouau jn m-v
      1,094 words
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      Page 35 Advertisements Column 2
      1286 35 ALSO ACCEPTING TO ODESSA, VARNA AND CONSIANTZA VIA UMASSOt ALSO ACCEPTING TO TtIPOU, BENGHAZI VIA GENOA L ALGffKS VIA MAffSfH IF I- j j■ .j uttmu* ntim amciinmmm a«/iiiii| mmi/m mcwoma <***- COSJAR SHIPPING PTI LTD rT "'if,"*' u uaa*ccsu coftuteuanmsmurn. (>m«s«-w.<»ssn Mrms/is r.i» mi nnm tskmimWf iir-mmmir-m7n t iniim
      1,286 words
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      Page 35 Advertisements Column 3
      546 35 outboumo ftt ia m aw w 11 a w w _Mt w <oi mo, ncu na I WWNAI7IA/No2* 02/W 01* (MS OAV/O* 11/OA IV* IV* IV* I 11/* I 30/011 72/0* I 21/* I TV*I I MNHAI77S/NOH OS/DA OAAM 01* Of Id* IV* lA/M It/OA 2Q/8A 21* 75/8* 7A/0* 21*
      546 words
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      Page 36 Advertisements Column 1
      1080 36 EUROPE/UK/SCANOINAVIA/FINLANO/RUSSIA SGP ROM ANW HBG THP LHV LMV TUP ROM ANW HIG PKI SGP RESULT RW-MO M 2M 20* 20* 1/7 2/7 E GLEEFUL RE 043 12/5 15/5 14/5 1»/5 17/5 10/0 12* E-jWlllil 15* 5/7 10/7 0/7 0/7 11/7 E GIFTEO RE 004 20/5 23/5 21/5 24/5 25/5 17*
      1,080 words
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      Page 36 Advertisements Column 2
      957 36 VBSII VOTAGf SGF DM AW DMM lAN IWT Ml I VKStI VOTAGi DM AM MM lAH SGP I UN (MM) 040S-03W <M» lit* 17/04 11/ D* Ml* ll* IV* UM (MOtU MOJO?* ?4/0S 77/05 71/05 71/05 10/0* UM CONCJfT MOUMN IV* 7i* 7VW TVOt ft* 71* *A» UMOUIT *****30 C
      957 words
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      Page 36 Advertisements Column 3
      722 36 rXjl RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UNES) EL FAX: *****15/*****03 rri TELEX: RS ***** RtSHIP {3 Lines) 1 CR NO: **********0E )S\ ETHIOPIAN SHIPPING LINES Y (National Laws of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vewei Voy FTA Loading for Score Abtoay Worn 48WB 07/06 Ancfcnel 44
      722 words
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      Page 37 Advertisements Column 1
      712 37 BSAj^ M MYANMA WHtk, FIVE STAR UNE (MyoNHor National Uno) Loading Ur Yangon (Rangoon) VBSII VOY SIN PKG PIN PGU PAGAN 232W WPT SLD NPA-AN 274W M/M MALAYSIA AGCNTS: OOUSTIAD SMPPING AGEMCKS XUL m 01-03-*****00 MIL m 02-03-*****01 PIN: TU 02-04-*****02 TOO; Til 02-07-*****21/4 BANK LINE (A mvko of kaittm
      712 words
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      Page 37 Advertisements Column 2
      1051 37 ▲HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG; *****61 nu W PGO VUSU/VOY VOY SM ITM [~«T liM HAM lilt T«i 05/04 07/04 00/04 SLNttlNtl 322* 10/04 20/04 30/04 ~02/07 30/04 30/04 02/07 12/04 14/04 15/04 It INNOVATOR 321W 17/04 05/07 07/07 00/07 07/07 07/07 00/07 10/04 21/04 22/04
      1,051 words
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      Page 37 Advertisements Column 3
      521 37 FAMOUS CONTAINER LINES Jlf M 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 sy HOT UNE: *****33 (30 UNES) I urn BARCELONA/SPAIN 07/06 LEHAVRE/FRANCE 08/06 MARSEILLE/FRANCE 07/06 HAMBURG/BREMEN 07/06 GENOA/ITALY 08/06 ANTWERP/BELGIUM 07/06 GOTHENBURG/SCAN 10/06 ROTTERDAM 07/06 AARHUS/COPENHAGEN 10/06 FELIXSTOWE/UK 10/06 I LOS ANGELES/WC/IPI 11/06 SYDNEY/MELBOURNE 07/06 NEW YORK/EC 11/06 FREMANTLE/ADELAIPE 07/06
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      48 39 To retrieve more schedules, just follow these simple steps... document ial 740-6000^^i^^ tep be faxed M m Press 1 the port Vnter your Stepym Step key in the four number Ajpdigit code Key in your Example: i fax number To HAMBURG (HAM) 2150 for calls within Singapore Qwnany
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      214 40 MANILA MANILA vtssa VOTACII ius« n*rou n*wt n*sw n*r<ai arm Y1UJ DC OUHWA CISI Ot/Ot KAT1 D/OifTW imOO(UM *00) U/0t(TW) ll/Ot (TMQ M/66"ffM) wwnahuno *003 D/otmrn n/otnuo u/misuni v*u **»»a m» n/wtw} n/ttrim vmcmcm* sisi [is/*bad) m/mobq wwhaihuwg toes »s/04 quo |h/o*(tm) n/nM PORT KELANO PENANO voTAci iu sw n*
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      508 41 Tropical w.®kiy to. FO. s*rvke» s^r o"*^'0"*^' MAREN METTIE MAERSK96O6 MAERSK 9606 Port Country 04/06 11/06 Belize Cily Belize 09/07 15/07 Bridgetown Bofbodos 12/07 18/07 Cartagena Colombia H/07 17/07 "Cwiries S» Lucia 11/07 17/07 foft de France Martinique 12/07 18/07 Freeport Bahamas 07/07 13/07 Jto -0 Jamaica 09/07 15/07 a
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      Page 41 Advertisements Column 2
      1268 41 ADVANCE CONTAINER LINES (PTE) LTD -Af* I 140 Cecil street #12-00, PIL Building. Singapore *****0 Vf* LmZ TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL CR NO **********0E lANOKOK JAKARTA 15 THAnlwn" 81 LO,) Vissa VOY SM BKK SM VKSR VOY UN *T SM BASTION 925 06/06 TSu 09/06 Sun
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      Page 41 Advertisements Column 3
      903 41 Vtssas Y S* l OAMETTA LE HAVRE HAMBURG THAMESPORT" ROTTERDAM ANTWERP J VM-LE DC ÜBRA LISW 04/06 15AM 2M38 26/06 28/06 2M» VW-LE D'AQCNLA AISW ***** 24/06 02/07 03/07 06/07 06/07 n»yn7 VLLEDECARMA CISW 18/06 01/07 08/07 10/07 12/07 13/07 15/07 V*-LE DE SAQfTTA SISW 06/07 16/07 ***** 19/07 20/07
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      1463 42 hh^H VESSEL VOY SIN JKT VESSEL VOY SIN PEN H jyjjjji VOY iHi r—T EAOLE TIDE' 130 In Pt Smt 08/06~ JABU BHOM «701 Tin In Pt ~Tt>u o>/06~ NAMTABHUM »7N In Pt 04/0S S.t I MAM WANA 32M Wgg_ 06rt* Sun 08/06 B.MAS DUA gogB_ _n»j_ Qg/ge_ St OS/OS
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      Page 42 Advertisements Column 2
      859 42 11 DUXTON HILL, SINGAPORE *****3 CR* **********0N STRAITS SHUTTLE SERVICE PORT KLANG PENANG rasa vof »i I na vissa I vor sai I rei I S**"* **031 OVMttf M/MTHU UXUD *071 (W/tttfUt Ofc/Ot THU «*> 0W« OS. Tit WED JttV HOOt 07/P*RB ggg 2 HO3? >7/0* HB W/MSW HHM W77
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      551 43 r Xq sino express shipping (pte) ltd. MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE *****7. m m V TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting confdiner cargo to: VESSH/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beijiao, Chiwan, JIM YU
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      138 43 SO TELOK BLANGAH ROAD *02-02 CITIPORT CENTRE STORE 0409 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VES3& ¥0Y ETA ETD DESTINATION KA6URI 1490 MM OUUO PMiMBAN&TKI OALAM BAOaA 11* MM OMMt OANJARMASM LMAMUI 2MO OMMO IMMO MUNTOK OUGUM 15(90 OMMO OMMO PKL. RALAN/PALEMANG MMMMA 1198
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      Page 43 Advertisements Column 3
      458 43 tAI MN UuNTAINER LINES, INC Agents: MAC-NELS SPORE: *****22 (24 LINES) KUCHING: (082) *****3 I I~IW J CW WO« 1»8«TM000« SOU: (064) *****8 MAMLA: (632) *****61 PENANG: (04) *****6 BANGKOK: (862) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MPN: (61) *****3 BANDUNG: (22) *****86 20TH ANNIVERSARY
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      Page 43 Advertisements Column 4
      348 43 ATTRACTIVE FCL/LCL RATES TO: 4 J Indian Sub-Continent Ports MADRAS/BOMBAY/ 1 CALCUTTA COLOMBO CHITTAGONG NHAVA SHEVA |3@ WENDER CONTAINER LINES ENQUIRIES BOOKINGS CALL TEL: 224 6744 ml O.K. LINE FULL CONTAINER SERVICE S'PORE/JAKARTA VESSa VOY SM JIT 1 TAM BANG VII 7381/7302 OMB 07/06 TBN OGAI6 0&06 S'PORE/SURABAYA/SEMARANG VESSa VOY
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      376 44 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 look out i Y"<|^«iW^*!W r W n 9 with members who:' SFFA MTO t the strict SFFA membership criteria QUALITY donform to the bylaws of the Registry Ptf&sress adequate insurance to issue the FIAT A Bill'
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      354 44 TEAMWORK is when everyone goal, A Quality which has been L Hi IB The Tota[ Transportation People embraced by all at Visa Freight Transportation I'■ these past ten years. Put your People transportation needs in our hands and join the winners' circle. VISA FREIGHT SERVICES PTE LTD j££fSSZ 10 Anson
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  • Page 45 Miscellaneous
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      134 45 LEGEND R Thunderstorm Temperature •<, A V Shower Weather Wind cVection with speed m knots ee Rom Cloudy Sky Wav height I Surfoce »»d* ore indicated by arrows which «y with the wind Cl) One Mi circle represents caim or light and voriobie winds i— One hort Heche represents 5
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