The Business Times, 19 July 1996
1996-07-19
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The Business Times
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Title Section14 1996-07-19 1 THE BUSINESS TIMES MIT A (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, JULY 19,1996 85c14 words
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Article51 1996-07-19 1 QztMJ6 (-13.08) a 5E ,,57) D sn£(-1.7») HIIBBIMk mxHusnrnDHB nil^ NIKKEI 2L.MI.42 +1MJ4 HANQ6EN0 t*71ll4__*l«.14 m INDKX L17M4 +7 .46 JAKARTA COMP _J7«J0 «M MANILA OOMP _JU»*4 *X TiffBWn +18.47 SEOUL OOMP ***** +181 CLSA CHINA B MJ4 —118 AlBTALLORD _JUUJ lpm EOT Cfcaage DOW M3MC *4U» |f51 words
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Article66 1996-07-19 1 USS 81 UBf U» A IMS IMS DM M71 UB TW US UK MS MM M71 rues 6.139 ma BAHT Mil MM HLTIAH IN Mtt Mil r v PUKE BATES SMBAPOK* 144 wtMUk uwm.— —8. i& JAKAKTA 18.00 aSBgr—B ■ONQKONQ 8.78 TAjPH-. -MO TOKW 1 T 1M 8B0GL 110066 words
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Article, Illustration631 1996-07-19 1 Lee Han Shih - But group says it will go ahead with plans to redevelop yard into huge private housing estate By Lee Han Shih [SINGAPORE] The much talked about redevelopment of Sembawang Corporation's shipyard into what would be Singapore's biggest private residential estate was notSource:; JEN CHUA; Source: Bloomberg - 631 words
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466 1996-07-19 1 Abdul Hadhi - 30% increase in area's industrial land under Development Guide Plan By- Abdul Hadhi [SINGAPORE] The Jurong of the north that's what the Urban Redevelopment Authority (URA) plans to turn Sembawang into. According to the Development Guide Plan (DGP) for Sembawang released yesterday,466 words
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Article, Illustration553 1996-07-19 1 Conrad Raj - Group awaits result of talks with major shareholders on company's future By\ Conrad Raj [SINGAPORE] Amcol Holdings yesterday asked for the suspension of its stock pending the outcome of discussions with its major shareholders on the future of the company and the results of aSource: Bloomberg - 553 words
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Page 1 Advertisements
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Advertisement123 1996-07-19 1 imsßßi fl nHHRP facipt from Wall Street Will US funds seeking safer and better returns abroad flow to Singapore? Pylfi mwmmoß I in ♦Sntepfttfttffl pfllllli pg. Looks like the URA would rither wait for SemCorp to apply for rezoning than hand it over on a platter. PW* Y4T (MmUmmwmm n■■n123 words
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Advertisement15 1996-07-19 1 Fed to raise rates if inflation picks up Greenspan's testimony to US Congress, 1 Pg715 words
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Advertisement309 1996-07-19 1 y SI 616 97 'tnduMvc of GBT) a</ r/s MP! What's more, if you need to access DOS, you can do so through Windows*. Take full advantage of the power of Windows' All this, of course, comes with the legendary 3.1 and Windows* 95 with the HP DeskJet 820 Cxi309 words
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SINGAPORE AT HOME & ABROAD
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459 1996-07-19 2 Chuang Peck Ming - There's danger in talking about this dream as if it is shared by all By i Chuang Peck Ming THE Singapore Dream of owning private property and cars can turn out to be a nightmare for the nation, Senior Minister459 words
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154 1996-07-19 2 Reuter [HONGKONG] Minister for Information and the Arts George Yeo has described Singapore's recent rules on the Internet as regulating the information bank with a "light hand", adding that they are necessary because of the state's multi-racial and religious population.Reuter - 154 words
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346 1996-07-19 2 Genevieve Cua - Analysts see export growth being hit in Q3andQ4by sector's weakness By < Genevieve Cua GROWING weakness in the electronics sector this year is expected to weigh heavily on Singapore's non-oil domestic exports, a key indicator of the health of the manufacturing industry. Economists yesterday said346 words
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Article, Illustration292 1996-07-19 2 Paul Leo - ASSAM BANKING CONFERENCE Reportsl Paul Leo THE Association of South-east Asian Nations (Asean) has launched its second closedend fund, with the latest one aiming to raise at least US$lOO million (Ssl4l million). Singapore Finance Minister Richard Hu announced the launch of theCHRIS LOH - 292 words
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336 1996-07-19 2 FINANCE Minister Richard Hu yesterday said that further liberalisation of the banking sectors in the region was in the best interests of Asean banks. Delivering the keynote address at the 11th Asean Banking Conference at Rasa Sentosa Resort, Dr Hu said that "liberalisation336 words
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Article, Illustration341 1996-07-19 2 Denesh Divyanathan - EYE ON THE ECONOMY Vehicle sales By Denesh Divyanathan WITH the economy expected to continue growing strongly this year and next, demand for vehicles will continue to outpace supply, say analysts Goldman Sachs. Using net vehicle sales data (new vehicles registered minus the numberSource: S'pore Asia, dept of - 341 words
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168 1996-07-19 2 THE reconvened Cost Review Committee has invited the Singapore Democratic Party and the PKMS to appear before the committee next month to back up their claims that the cost of living has risen sharply and that the Consumer Price Index is168 words
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NEWSRoundup
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Article41 1996-07-19 2 HEALTH products firm Baxter Healthcare Pte Ltd has been awarded the ISO ***** standard by the Singapore Productivity and Standards Board. The award recognises that Baxter has reached international quality standards in its environmental management systems.41 words
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72 1996-07-19 2 BUSINESSMEN from Singapore as well as Indonesia, Malaysia, Thailand, Brunei, the Philippines, Vietnam, Hongkong, Laos and Cambodia will be attending the first economic forum between Poland and countries from the region in Warsaw this September. The forum is organised under the auspices of the72 words
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47 1996-07-19 2 SENIOR Minister Lee Kuan Yew will be addressing trade unionists at the Singapore Conference Hall at Bpm tonight. His speech can be heard live over Radio Heart's FM 91.3. The Straits Times Interactive will be webcasting the event live at http://www.aBial.com.sg/straitstimeB/47 words
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Article47 1996-07-19 2 IN our report yesterday headlined, "IRAS steps up audits as errors in GST returns reach $14m", we reported incorrectly that GST-related companies—it should have been GST-registered businesses—may only claim input tax on purchases made from other GST-registered businesses. We are sorry for the error.47 words
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Page 2 Advertisements
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Advertisement234 1996-07-19 2 I EXPRESSIONS I OF INTEREST I Singapore 1« Kuala Lumpur I Pizza Pizza, Canada's, The Caribbean's, 1 Central America's and soon Thailand's I favourite Italian pizza, pasta and fried chicken chain 1 is expanding to Malaysia Singapore. I Senior Pizza Pizza International personnel I will be in Koala Lumpur on234 words
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Advertisement266 1996-07-19 2 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service. TH:»42-6661/743- 1 U266 words
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FOCUS: ADVERTISING & MARKETING
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Article, Illustration227 1996-07-19 3 THE handy Filofax turns 75 this year. And a travelling exhibition tracing the history of the loose-leaf organiser is on at the Seiyu department store. Visitors will be able to see antique filofax es dating from as far back as 1921, to those designedERIC CHU - 227 words
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Article, Illustration646 1996-07-19 3 Clarissa Tan - With regional expansion the buzzword, some PR companies are positioning themselves to go places By\ Clarissa Tan [SINGAPORE] PUBLIC relations is all about making the right moves, as some PR firms have recently demonstrated. Last month, the St Louis-based Fleishman-Hillard joined forces with homegrown company646 words
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Page 3 Advertisements
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Advertisement47 1996-07-19 3 FOR LEASE PINTHOUSE ON THE BEACH AT BOMBAY A well appointed fully furnished penthouse apartment at Juhu, Bonxxry (near Airport). With excellent sea view all rouna. Hall plus 3 Bedrooms and two terraces-1,900 sq.ft. Rental *****0/(negotiable) plus bank guarantee. For further details please send your correspondence to47 words
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Advertisement24 1996-07-19 3 1 CHANEL EXCLUSIVELY AT THE CHANEL BOUTIQUES: NGEE ANN CITY, 391 ORCHARD ROAD. SINGAPORE TEL: *****20 ISETAN SCOTTS, 350 ORCHARD ROAD. SINGAPORE TEL: *****2124 words
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SOUTH-EAST ASIA
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Article, Illustration523 1996-07-19 4 Yang Razali Kassim from Jakarta - ASSAM WATCH Preventing the West from derailing the WTO meet is of more pressing concern By Yang Razali Kassim from Jakarta ASEAN senior officials yesterday played down the Myanmar question, visibly annoyed over what they see as Western "media hype" over the issue. As523 words
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235 1996-07-19 4 JAKARTA But fact-finding team impressed by their determination to join grouping, says AUtas AFP bids to join "fftf South-east yUSSISSIi (Asean), Indonesia's Foreign Minister Ali Alatas said here yesterday. Mr Alatas said Asean had sent an Indonesian-led factfinding team to Laos andAFP - 235 words
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Article, Illustration51 1996-07-19 4 [JAKARTA] An employee at the telecommunications centre of the Jakarta Convention Centre displaying Asean phonecards yesterday, specially issued by Indonesian Telecommunications giant Telkom to commemorate the 29th Asean Ministerial Meet, during which foreign ministers from Brunei, Malaysia, Singapore, Thailand, Vietnam, Indonesia and the Philippines get together.AFP - 51 words
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Article265 1996-07-19 4 KUALA LUMPUR PAS seeks to expel Semangat 46 members in govt AFP POLITICAL uncertainty heightened in Malaysia's Kelantan state yesterday as its government machinery was crippled by a standoff between the ruling fundamentalist Parti Islam (PAS) and its partner Semangat 46. This followed a move on SundayAFP - 265 words
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Article297 1996-07-19 4 JAKARTA Reuter AFP ABOUT 1,500 protesters shouting "Megawati, New President!" marched through Jakarta yesterday to express support for the ousted leader of the Indonesian Democratic Party (PDI), Megawati Sukarnoputri. The protesters, comprising student activists, street vendors and singers, carried a one-km-long white cloth bearing signatures from passersby.Reuter; AFP - 297 words
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222 1996-07-19 4 TOKYO Reuter INDONESIA'S central bank governor yesterday said the country's economy was growing at a brisk pace, but he was hoping for inflation to fall farther. Bank Indonesia governor Sudradjad Djiwandono said the nation's economy was growing briskly, with stronger growth seen inReuter - 222 words
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118 1996-07-19 4 ALMATY, Kazakhstan Bernama MALAYSIAN Prime Minister Mahathir Mohamad said last night that the Trans-Asia Railway Line connecting Southeast Asia with China can be linked to Kazakhstan as it provides an important road and rail link between East Asia, Russia and Europe.Bernama - 118 words
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135 1996-07-19 4 JAKARTA AFP AN Indonesian political party has called for an independent team to re-investigate allegations of corruption in the country's Supreme Court, press reports said yesterday. The United Development Party, a Muslim-oriented organisation, has called on the House Speaker to set upAFP - 135 words
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NOTEBook
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Article52 1996-07-19 4 AFP [KUALA LUMPUR] Minister of International Trade and Industry Rafidah Aziz is to visit Japan and Hongkong next week to woo high-technology industries to Malaysia, a ministry statement said yesterday. Ms Rafldah's entourage will comprise officials from the External Trade Development Corp and three stateAFP - 52 words
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Article62 1996-07-19 4 AFP [MANILA] The party of President Fidel Ramos Is reworking on the image ofa Muslim guerilla leader who has agreed to run for governor as part of a peace initiative, it was announced yeeterday. A Ramos aide said this would be part of theAFP - 62 words
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57 1996-07-19 4 AFP [BANGKOK] A .US State Department official has said that Thai Prime Minister BanharnSilpa-archa is willing to exert some pressure on the Myanmar government into holding talks with opposition leader Aung San Suu Kyi. Mr Banharn made the offer in a meeting with USAFP - 57 words
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54 1996-07-19 4 Reuter [PHNOM PENH] Cambodia's exiled Prince Norodom Sirlvudh is ready to head an alliance of opposition groups and wants to return home this year despite facing a 10-year prison sentence. Sam Rainsy, leader of the Khmer Nation Party, said yesterday. The alliance would compriseReuter - 54 words
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Page 4 Advertisements
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Advertisement95 1996-07-19 4 take to make your business a t /At puts the value on your ■B% incomparable service and business Bl Me abundant meeting facilities ft I ond a three-floor y u suprGfflQ ■"j/M jr V "J. A /«<" HHHHHrjr Jp\ Isn't it time to take a look at us? P VPH95 words
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CHINA-HOKGKONG-TAIWAN
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Article, Illustration520 1996-07-19 5 Teh Hooi Ling - Under phaae one, there are now 12 manufacturing firms with a working population of 3,000 By' Teh Hooi Ling [SINGAPORE] A modern township—complete with factories, shops, hospital and school—has emerged in Wuxi City, China, on a piece of land which two years ago was520 words
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386 1996-07-19 5 Quak Hiang Whai - HONGKONG Case marks new tarn in his long-running row with HK aecvritiM regulators Quak Hiang Whai THE long-running row between controversial legislator Chim Pui-chung and Hongkong securities regulators took another turn yesterday when die Hongkong Commercial Crime Bureau (CCB) arrested and charged him with386 words
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SINOBriefs
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47 1996-07-19 5 Reuter fTAIPI&fI Taiwan's cabinet yesterday approved a proposal allowing foreigners to trade and rent real estate on the Island. Under the reform, applications by foreigners to trade or rent land would be evaluated on a case-by-case theapprw^ > siloSte^^S i^<M^ U^bUD^0nReuter - 47 words
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65 1996-07-19 5 Reuter fTAIPII) Ten financial leaders from China, including the gmeral manager ofthe Shanghai Stock Exchange, would make an unprecedented visit to rival Taiwan to meet Industry officials and leaders, the trip's organise'said yeeterday. The team would visit Taiwan's Securitlee and Exchange Commission and theReuter - 65 words
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62 1996-07-19 5 Bloomberg Business News tBSIJWO) China's tnvsstmenls la (teed amis. sn indicator of economic activity, rose 27.5 per cent in June, according to State Statistics Bureau figures. Investment in plant and equipment last month reached 154 billion yuan (KMJbflßon). Fixed saseti ipenrtingroeo 24.1 per centBloomberg Business News - 62 words
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30 1996-07-19 5 Reuter fUNO) China's customs revenue in the first half of this the same perSl nt i Service said yesterday.—Rtuter t i±. j**s i Tlir wiReuter - 30 words
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Article64 1996-07-19 5 Reuter (HONGKONG) Environmentalists draped banners over a Dig US shtpment of waste la Hongkong's port yesterday, accusing the US ofuaing Asia aa a dumping ground for domestic rubbish. The group Greenpeace strung a large banner reading, "U.S.A., Don't Dump on Aala" acroee a 300-tonneReuter - 64 words
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Article232 1996-07-19 5 HONGKONG Reuter CHINA'S People's Liberation Army (PLA) is one of the world's largest armed forces and a pillar of China's communist party rule but it also runs some of the country's biggest commercial operations. An advance guard is already in the British colony whereReuter - 232 words
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Article139 1996-07-19 5 BEIJING AFP THREE-QUARTERS of China's waterways fall below pollution norms, and half of the country's underground water sources are contaminated, a Chinese government official has warned. Song Jian, a state councillor quoted yesterday by the China Dally, said "78 per cent of the country's fresh waterAFP - 139 words
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Page 5 Advertisements
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Advertisement294 1996-07-19 5 GIRARD-PERREGAUX In Pursuit of Excellence For over two centuries, Girard-Perregaux has been unrelenting in its pursuit of horological innovations. Through its tenacity and perserverance, it continues to set new standards and inspire n» olimpico Uumto innovations through which the measurement of time has become an art. Capturing the ideals of294 words
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ASIA
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Article, Illustration386 1996-07-19 6 TOKYO But Jane figures suggest pace of fall may be slowing down Reuter JAPAN'S trade surplus nosedived in the first half of 1996, shrinking 40 per cent from the same period a year earlier, as robust imports cut the politically sensitive surplus inReuter; Source: Bloomberg - 386 words
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346 1996-07-19 6 WELLINGTON Bloomberg Business News Reuter TELECOM Corp of New Zealand chairman Peter Shirtclifffe yesterday warned of "horrendous" effects if foreign investment was capped after the Oct 12 national election. Earlier this month, the anti-foreign investment New Zealand First Party said it wanted toBloomberg Business News; Reuter - 346 words
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213 1996-07-19 6 MELBOURNE Bloomberg Business News AUSTRALIA'S Industrial Relations Minister, Peter Reith, yesterday warned of a double dissolution if the Senate rejected a bill to approve the sale of the state-owned phone company Telstra Corp. "I believe the Democrats will say no to TelstraBloomberg Business News - 213 words
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ASIANotes
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Article91 1996-07-19 6 AFP [TOKYO] Typhoon Eve smashed into the southern part of the Japanese archipelago yesterday as dozens of municipal authorities set up disaster relief centres and airlines cancelled 100 flights, officials said. Initial reports from Kyushu said 11 people were injured and four houses destroyed shortlyAFP - 91 words
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Article92 1996-07-19 6 Reuter [SEOUL] Strikes have cost South Korea's manufacturing industry l .02 trillion won (551.73 billion) in lost production so far this year, the Ministry of Trade, Industry and Energy said yesterday. The loss, caused by strikes at 27 manufacturing companies between Jan 1 and July 18,Reuter - 92 words
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Article63 1996-07-19 6 Reuter [CANBERRA] Australian Prime Minister John Howard said yesterday that he hoped the three states holding oat against uniformly tougher national gun laws would Call into line and that a referendum to pass such laws would not be necessary. "I'm hopeful that they will agree. IReuter - 63 words
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Article68 1996-07-19 6 Bloomberg Business News [SYDNEY] Business confidence in Australia has picked up for a second consecutive quarter, with growth seen accelerating and the inflation rate headed lower, according to a September quarter survey by Dun&Bradstreet The survey 0f990 businesses indicates a mild recovery in the growth rateBloomberg Business News - 68 words
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90 1996-07-19 6 Reuter [CANBERRA] Australia, the world's largest coal exporter, said yesterday it was disappointed the United States had switched to supporting mandatory targets restraining greenhouse gas emissions. The United States said on Wednesday at the UN conference on Climate rihawga in Geneva that it wanted toReuter - 90 words
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Page 6 Advertisements
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Advertisement2780 1996-07-19 6 BUSINESS Notice, This announcement appears for the purposes of record only July 1996 (H LlflflG COURT A member of the Wu the lam Group LIANG COURT HOLDINGS LIMITED (Incorporated in the Republic of Singapore) RENOUNCEABLE RIGHTS ISSUE of a minimum of 134,911,670 and a maximum of 168,679,962 new ordinary shares2,780 words
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Advertisement438 1996-07-19 6 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF OKAWA ENTERTAINMENT PTE LTD (la Voluntary Liquidation) FINAL MEETING NOTICE Is hereby given pursuant to Section 308 ot the Companies Act Cap. 50 that the final Meeting of the members of the abovenamed company will be held438 words
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THE WORLD
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Article, Illustration739 1996-07-19 7 Kevin Sullivan - WORLD VIEW The Games will combine athletic excellence with commercial exploitation By Kevin Sullivan IT HAS become fashionable to knock the Olympics, which is understandable really since they are very knockable. Between the operatic opening ceremony tomorrow (Singapore time) and the winding-up party on Aug739 words
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291 1996-07-19 7 LONDON FT COMPANIES are growing "less generous" in the benefits they give to senior managers working abroad, according to a study of multinational corporation transfer policies in Europe. The study by Monks Partnership, the independent remuneration advisers, said the proportion of firms willing toFT - 291 words
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393 1996-07-19 7 WASHINGTON Greenspan dismisses view that inflation is no longer a threat Reuter AFX-Asia US Federal Reserve chairman Alan Greenspan yesterday said the central bank would raise interest rates if inflation pressures look set to pick up. "I am confident that the FederalReuter; AFX-Asia - 393 words
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238 1996-07-19 7 NEW YORK AFP Reuter Bloomberg Business News A PARIS-BOUND TWA 747 exploded in a fireball over the Atlantic and plunged into the ocean off New York on Wednesday, leaving no immediate signs of survivors among the 229 people aboard. The Boeing 747 carryingAFP; Reuter; Bloomberg Business News - 238 words
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Page 7 Advertisements
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Advertisement245 1996-07-19 7 in Singapore. We're a wholly-owned subsidiary of Aberdeen Trust PLC, a :r 6 3ln wr stster Bmß T t's the way they do their job. You see, billion savers' money. A before we build our portfolio, we like Today, our disciplined, thorough, and 1 to have firm foundations. That s245 words
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Page 8 Advertisements
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Advertisement477 1996-07-19 8 This time when IBM showcases solutions for your business, there will be over 3 hillion 1n rr i um f Kir into l ,e air an< over billion spectators hold their breath. In that trembling instant between glory and failure, his past flashes before your eye*. You see his nationality,477 words
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Page 9 Advertisements
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Advertisement402 1996-07-19 9 Track the Olympic Games... gft This July and August, two-thirds of the world will watch the greatest sporting event on Earth. But this time they Information updates wi ex P erience ,he ,umu,t and i°y of the oiym P i C Games MK»~^ t *j ,_JB at the same instant402 words
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EDITORIAL & OPINION
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Article, Illustration779 1996-07-19 10 Anthony Rowley - THE BOTTOM LOVE OPINION By Anthony Rowley The writer is BT's Tokyo correspondent COMMUNISM may be dead but there is a spectre haunting capitalism that will not be easily exorcised Militant labour movements which supposedly have been consigned to the rubbish heap by the triumph779 words
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Article127 1996-07-19 10 This was classic Clinton. It's creative, but it runs the risk of looking like a waffle.' -US presidential aide on President Clinton's decision to grant US citizens the right to sue foreign companies using American plants seized by Cuba over 35 years ago, then immediately suspended those127 words
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Article588 1996-07-19 10 EDITORIAL FINANCIAL markets witnessed a major sell-off two weeks ago on news that President Suharto was going to Germany for a medical check-up. The sell-off illustrated the depth of international concern about political succession in Indonesia But clearly the fears were exaggerated It seems quite long588 words
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Article, Illustration936 1996-07-19 10 Neil Behrmann - Its free-market policies attract a third of all foreign direct investment into European Union By) Neil Behrmann The writer is BT's London correspondent FROM the Welsh valleys to the Scottish hills, the unemployed are jumping with joy. These and other depressed British regions have become the mostLONDON PICTURE SERVICE - 936 words
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Article398 1996-07-19 10 Tui kiy*i qnaadary TURKEY is not like other Islamic states. Iran's mullah's can live outside The Paradigm because they have oil. Sudan's mullahs can live outside The Paradigm because they have nothing. Turkey has no oil, but it has a huge industrial base. To survive economically,398 words
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Page 10 Miscellaneous
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Miscellaneous14 1996-07-19 10 SINGAPORE DIK <00, maybe, ihe 'Bridge' get* I s iwcapore fW...MI I MM ||j14 words
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Page 11 Advertisements
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Advertisement121 1996-07-19 11 DEVELOPMENT Thames R,s E OPPORTUNITY bATrE r s E A L°N N IN CENTRAL LONDON ■■ill i BKHBL' Jf > v< i, v l£ 4 fb ■jl* jj p~ •",i'^" r,< :l l^HLi i*'4".\ p <*mm "1 J B "^Hi K I >■ »-*il Br:.- «m ■< r. i _m121 words
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EXECUTIVE LIFESTYLE
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Article, Illustration540 1996-07-19 12 The opening ceremony in Atlanta promises to be the biggest and best show ever seen, says paui> majendxe IT IS show-time, y'all. Hollywood razzmatazz meets the elegant Old South today when Atlanta launches the centenary Olympics before 3.5 billion television viewers. The city, razed in the Civil WarREUTER - 540 words
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402 1996-07-19 12 TENNIS Reuter (WASHINGTON! Former world number ones Andre Agassi and Jim Courier, each looking to rebound from shock first-round Wimbledon defeats, both suffered stunning setbacks at the Legg Mason Classic on Wednesday. Top seed and defending champion Agassi, who had declared himself backReuter - 402 words
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Article, Illustration826 1996-07-19 12 Kevin Sullivan - TRAVEL Feal the air of aaUto terror at Tu-nui'i Jungle Bnngee Jmnp By Kevin Sullivan INSIDE-OVERTAKING is undoubtedly one of the charms of Phuket. All the island's mini bus drivers appear to have studied at the same school of high-speed, near-death road management. If, while826 words
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Article, Illustration934 1996-07-19 14 Christopher Tan - MOTORING Piloting the fastest and most expensive production car isn't the task folklore has made it out to be By Christopher Tan [SINGAPORE] Ferrari. It just about rolls off your tongue, doesn't it? Probably the best known name next to CocaCola. Fastest and most expensive934 words
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BUMPER to BUMPER
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Article95 1996-07-19 14 A SURVEY by human resource consultant Hewitt Associates revealed that top executives prefer European luxury marques such as Mercedes, BMW and Volvo while mid-managers go for Lexus and the bigger Toyotas and Mitsubishis. Hardly news, really. ItH be surprising if those with fatter pay packets95 words
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97 1996-07-19 14 CYCLE CARRIAGE general manager Cheah Kim Teck has been promoted to director of operations. The company's entire motor division now reports to him. Mr Cheah joined C&C in March last year. However, he is not new to the group, having been with it from97 words
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Article, Illustration67 1996-07-19 14 DEMAND for the new Mercedes-Benz SLK roadster has been overwhelming and production of the car is reported to be sold out through the end 0f1996. Mercedes Ag may raise production. The SLK was introduced in September and is priced at about 53,000 marks (5550,456) in Germany.67 words
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88 1996-07-19 14 AUSTRALIA'S first automotive engine took to the road last week. The orbital engine, which took 12 years and AslB million (5119.8 million) to develop, was fitted to 20 Ford Festfvas. Developed by Orbital Engine Corp, the power plant is supposed to be greener than88 words
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Article65 1996-07-19 14 Christopher Tan - Compiled by Christopher Tan SAAB agent Trans Eurokars has tied up with UOB to offer owners a Saab Privilege Visa Gold Card. Cardholders will 'f enjoy "cost benefits" when they bring their cars in for service and maintenance; and discounts at "supporting retail outlets". The65 words
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Article, Illustration752 1996-07-19 14 Warren Berger - FILM More TV journalists are popping op on film -as themselves. Is this such a good idea? Warren Berger NYT IN THE new film Independence Day, we know that the aliens have landed because the Fox 11 news team has told us so. AndNYT - 752 words
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Page 12 Advertisements
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Advertisement124 1996-07-19 12 I Get Fresh With Us 1 jy) Yai cart gat any haahartmouf toast staala, aatadaandaaatoods. Mhout any mmcial fcmis aMad, maanmljuatitawayyoutnitmh torn f» nock. Mrs not right, ml makai right fizzing Rock Steak Seafood Salad 31A SLA Boa Oar miOtTfll lU* MIOUSMKCkr MM felpMM taMkTooß 1****** -fttTii rmmtrm MjmMsaoo Where124 words
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Advertisement48 1996-07-19 12 IA CLAYPOT GOOD TIME I V Loach s SsISJIO Dinner s Ssl6*so I i Billi miEattffMeEMtjt a<>i—imii im, fcpiinll mTiffttTttimftacTaotM HF BRAISED r B+++ S Mill n A**#* t Km Klrla Cmrt Shirk'* Pti !»•(•>• J IttiMriM 20 Devonshire Rd (off Killiney Rd), #01-01, Devonshire Building, Singapore *****0 Tel:*****8848 words
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Advertisement123 1996-07-19 12 CHINA CHINA RESORT RESTAURANT Hong Kong Man Xin Sepertwml isovoflobte GdT Jk Caaalry dab All You Can Eat Shp»meif7i» ala carte t*2*«i«, *****3 Qioom from 46 mouth watering tw n* qh ala carl* cubes al prices that ore hord to resisti Lunch A Dinner: Si 8.80 per pax (adult) $12.80123 words
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Advertisement64 1996-07-19 12 BkaeCmajom. reservations can be made through Singapore office: 434 3222 NOTICE H Australian Housing Centre offers a wide range of Australian Properties at very competitive terms prices. We invite you to visit our showroom. Frevbic* for tke fira 100 viator*. Opens Daily including Sundays from 10am to 6pm. lOCoher ft—rfflPW64 words
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Page 13 Advertisements
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Advertisement182 1996-07-19 13 Where to wine, dine and entertain FOOD SPECIAL SFTMF.NI I 35% off from the usual pricej i For 10 persons with a complimentary j I bottle of white wine. I I R v Hi NOW S2I3 BY BfggW ONLY ■i Usua, s32B .ill LONG BEACH UDMC SEAFOOD RESTAURANT <01-02 UOMC182 words
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Advertisement163 1996-07-19 13 USBBV[/kin(;K Live Entertainment at LOBBY LOUNGE ■■■■■■■■■■a peach Apple Tree and £3k Bk A starstrlkers L Two versatile Bands from the Philippines will keep you swinging through the night the toppers, Rock Roll, Country Western and Evergreens. APOLLO HOTEL SMGAPORE wwnocowMMKmummiiai mimx: mmi tucl m mn cask hiii liw Unwind163 words
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Advertisement159 1996-07-19 13 Have a Bubbly Sunday Brunch with your Family <§> Only m/-Xx $42.00* per adult; •f* $19.00* per child From 11am to 2.30pm For reserv attons, u V® call 731-7934. n®} Free Parking ROYAL SS ROWNC PLAZA' SINGAPORE I 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 AH159 words
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Advertisement112 1996-07-19 13 Home Decor -For people who love their homes Besides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. SIRSfI I! seafood restaurant 920 East Coast Parkway, Singapore 1544. Tel: 345 1111 "">112 words
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Advertisement65 1996-07-19 13 ATJWgFTOtM For rtMnraliont ptoo— col 831 6256/9 99 333 Orchard Road. *****7. U* 7J7 ft 11 between BBQ an<l i-A flnt buffets rl MMMd I WM iIiTSIIg 6.30pm to 10.30pm, Mondays to Sundays. Adult: $23 00V Child(below 12yr»): $14.50* PHOENIX COFFEE HOUSE Hotel Phoenix Basement.Orchard Road/ Somerset Road. S(23MSB) Tel:65 words
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Page 13 Miscellaneous
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Miscellaneous738 1996-07-19 13 TV&RAPIO LOO PM The Winners. Crossings. LO6 PM Friday Prayer (L). L3O Money, Money. Money 2,00 Dari Seberan g 2-00 Management Today Sell-A-Vision. 4.00 Baba and Nyonya. 2JO TV Innovations. fllnMftl 4JO Dwi Vista. v* 340 The Wind in the Willows 5 30 Sonic the Hedgehog. r T 3JO We738 words
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Miscellaneous91 1996-07-19 13 CRYPTIC CROSSWORD I ACROSS 1 Check about one's bal16 moneyswS roUnd and J-*" to softhearted l^ltfiiM 4 Sustain the new devotee 17 Skinhead making sport 6 Statesmanlike?(B) tft f a nee<^e (8) IsffAHpßsujrffigmsMl 7 Taking a slug in a flash 19 Po P »dol given a place for gJIK (g)91 words
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Page 14 Miscellaneous
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Miscellaneous262 1996-07-19 14 'I'm WEATHER Singapore Fair. Temperature (33-25) Mfrftdflo HVLo* Cood. Enye HVLo* Goad. America Hl/Lt* <w Auckland IMB Cloudy Amsterdam 2f09 Sunny Atlanta 27 Clondy Bangkok 36/26 Tstofii .Athens 34/22 (loudv Buenos Are 12/00 Cloudy Bqjin« 32/23 Cloudy Berlin 23/14 (loud) Chicago 27/18 Tslonn Bonhay 29/22 Showers Bono 23/12 Sunny Honolulu262 words
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COMPANIES & MARKETS
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Article, Illustration565 1996-07-19 15 Teh Hooi Ling - 12 members form consortium to invest in $Lsb Shanghai public housing development By Teh Hooi Ling [SINGAPORE] A group of Singapore companies has formed a consortium to invest in a $1.5 billion public housing project in Shanghai. Each of the 12 members of the565 words
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Article, Illustration286 1996-07-19 15 Ven Sreenivasan - By Ven Sreenivasan [SINGAPORE] Most investors want the authorities here to set up a watchdog organisation to safeguard minority shareholders' interests. A survey by the Temasek Polytechnic's Business School found that 71 per cent of share investors want the Stock Exchange of Singapore toSTP - 286 words
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845 1996-07-19 15 R Sivanithy - HOCK LOCK SIEW R Sivanithy THE recent turmoil on Wall Street and the relatively resilient showings among Asian markets have raised the intriguing possibility that finally, there could be a divergence between these markets. Those who hope for such a decoupl-845 words
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271 1996-07-19 15 Annette Pau - Analysts say showing is not bad considering the weak market sentiment By Annette Pau [SINGAPORE] Advanced Systems Automation's (ASA) initial public offer on Sesdaq was 4.9 times subscribed at its close yesterday, said a company spokesman. The company offered a total of271 words
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376 1996-07-19 15 Quak Hiang Whai - From Quak Hiang Whai in Hongkong THE Singapore-dominated consortium which is to develop the first phase of the HK$7O billion (5512.8 billion) Kowloon airport-railway station property project will also bid for the rest of the seven-phase mixed development. Edmund376 words
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REGIONAL COMPANIES
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Article407 1996-07-19 16 Ven Sreenivasan - Asset swop will make Konsortinm biggest haulage firm and DiPerdana its shipping arm: report Ven Sreenivasan [SINGAPORE] The merger of Malaysian transport companies Konsortium Perkapalan Bhd (KPB) and DiPerdana Corp Bhd will transform the former into Malaysia's largest haulage company and the latter its shipping arm.407 words
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Article541 1996-07-19 16 Kuwait investor to call for debt freeze and strategy review Reuter [LONDON] Costain Group pic, the troubled British builder, suffered a heavy blow on Wednesday after its major Kuwaiti investor led by one of the world's richest men said it would block the firm's last-ditchReuter - 541 words
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Article174 1996-07-19 16 AFX-Asia [KUALA LUMPUR] KFC Holdings (Malaysia) Bhd executive deputy chairman Ishak Ismail said the company has submitted a proposal to supply food to the government. "We have done the submission for the food privatisation," Mr Ishak told reporters after the company EGM. He declinedAFX-Asia - 174 words
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338 1996-07-19 16 MBT [KUALA LUMPUR] Johor Port Bhd on Wednesday signed an underwriting agreement for 43.27 million shares due for listing on the Kuala Lumpur Stock Exchange main board to be made available for public subscription. The listing will involve a public issue ofMBT - 338 words
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260 1996-07-19 16 [SINGAPORE] Overseas Union Insurance (OUS), an associate company of Overseas Union Bank, has set up a representative office in Myanmar. The company is the first Singapore insurer and the third foreign insurance company to establish a foothold there. OUl's general manager and260 words
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201 1996-07-19 16 Reuter [KUALA LUMPUR] Buildcon Bhd is proposing a two-for five bonus issue and a three-for-five rights issue. The company said in a statement yesterday it was also proposing to transfer its existing ready-mixed concrete business to its wholly-owned subsidiary, Buildcon Concrete Sdn Bhd. Buildcon,Reuter - 201 words
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Article141 1996-07-19 16 Bernama [KUALA LUMPUR] Time Engineering Bhd will issue US$25O million (*****.5 million) worth of redeemable secured bonds with 249.97 million detachable warrants. Time signed a trust deed with BBMB Trustee Bhd yesterday. The bond issue is to finance Time's equity participation in or shareholders' ad-Bernama - 141 words
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Article99 1996-07-19 16 Bernama [KUALA LUMPUR] Hua Joo Seng Enterprise Bhd's 6.9 million shares offered to the Malaysian public has been subscribed 57.6 times. Issuing house MIDF Consultancy and Corporate Ser- vices (MIDFCCS) general manager Mohd Shuib Abdul Ghani said yesterday 158,729 applications for 242.7 million sharesBernama - 99 words
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Article, Illustration365 1996-07-19 16 Diana Oon - Home decor company projects USsl&2sm earnings during IPO By Diana Oon [SINGAPORE] Home decor distributor Roly International yesterday reported results for the year ended April 30 almost spot-on to the forecast it made during its initial public offering here in February. After-tax profit365 words
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340 1996-07-19 16 Bloomberg Business News [KUALA LUMPUR] Malaysian power company Powertek Bhd plans to offer 7.08 per cent of its shares to institutional investors in its initial public offering (IPO). The placement is part of its IPO, a first among the so-called independent powerBloomberg Business News - 340 words
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COMPANYBriefs
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41 1996-07-19 16 [SINGAPORE] SPP Ltd told the Stock Exchange of Singapore last night it was not aware of any unusual circumstances leading to the increase in turnover and price of the company's shares on Wednesday.41 words
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40 1996-07-19 16 [SINGAPORE] United Pulp and Paper told the Stock Exchange of Singapore last night it was not aware of any reason for the sharp increase in its share price and turnover on Wednesday.40 words
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39 1996-07-19 16 [SINGAPORE] DBS Land subsidiary Enctech Technology has formed a Malaysian unit that offers installation and ventilation works for air-conditioning. Called ESPL (M), the unit will also undertake engineering-related activities in the building industry.39 words
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30 1996-07-19 16 [SINGAPORE] ST Electronic and Engineering has signed on 13 vendors under a programme which allows the company to form strategic alliances with its suppliers.30 words
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Article44 1996-07-19 16 [SINGAPORE] Goldtron Ltd subsidiary Goldtron Telecommunications has won its court case in the US. Goldtron said yesterday that the US Court of Appeals upheld a district court ruling that dismissed a suit Digi-Tel Holdings brought against Goldtron Telecoms.44 words
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Article, Illustration356 1996-07-19 17 Said to be unhappy with HKs3sm a year pay and lack of cooperation among officials Bloomberg Business News [HONGKONG] Paul Chow resigned yesterday as chief executive of the Stock Exchange of Hongkong amid reports he was dissatisfied with his salary and a lack ofBloomberg Business News - 356 words
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231 1996-07-19 17 Reuter [HONGKONG] Asian equity markets will soon outperform US stocks despite being vulnerable to this week's market volatility in New York, analysts said yesterday. "Probably one to two weeks after Wall Street settles, you'll see markets here start to improve," said Christopher Day, jointReuter - 231 words
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COMPANYBriefs
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56 1996-07-19 17 AFX-Asia [TAIPEI] The Securities and Exchange Commission has decided to prohibit mutual fund companies using investors' money to invest in affiliated firms, the Economic Daily News reported. Currently, a mutual fund is not allowed to invest in companies that own a 5 per centAFX-Asia - 56 words
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42 1996-07-19 17 Reuter [NEW YORK] IBM has formed a new unit, called the General Business Organisation, aimed at sales and services to the small and medium-sized business. IBM said Robin Sternbergh will be its general manager. ReuterReuter - 42 words
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Article60 1996-07-19 17 Bloomberg Business News [NEW YORK] Charles Schwab Corp, the biggest US discount broker, said second-quarter earnings soared 58 per cent as it earned more commissions and mutual fUnd fees. Schwab said net income rose to US$7O.l million (5596.8 million), or 39 cents a share, fromBloomberg Business News - 60 words
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370 1996-07-19 17 He says big developers may cooperate in some projects but they do compete in others Knight-Ridder [HONGKONG] Cheung Kong (Holding) Ltd's chairman Li Ka-shing has dismissed accusations by the Hongkong Consumer Council that big local property developers are monopolising the market, the Hongkong Economic JournalKnight-Ridder - 370 words
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204 1996-07-19 17 Reuter Bloomberg Business News [HONGKONG] China's Shanghai Petrochemical Co Ltd said adverse market conditions had delayed its plans for the global offer of new American Depositary Shares (ADS) representing new Hongkong-trad-ed shares. The new Hongkong-traded shares, or H shares, were a portion of up toReuter; Bloomberg Business News - 204 words
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INTERNATIONAL COMPANIES
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208 1996-07-19 18 Reuter [TOKYO] Leading Japanese brokerages Nomura Securities and Daiwa Securities reported handsome profits yesterday for the three months to June, thanks to a recovery in the domestic stock market. Nomura said it posted 36.42 billion yen (***** million) in parent current profit inReuter - 208 words
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518 1996-07-19 18 Lower costs, better margins, stable revenues behind surprise results Reuter [PALO ALTO, California] Apple Computer Inc on Wednesday reported it dramatically narrowed its losses to US$32 million (5545.4 million) in its third fiscal quarter, less than most Wall Street estimates, and saidReuter - 518 words
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251 1996-07-19 18 Bloomberg Business News [FAIRFIELD, Connecticut) General Electric Co's secondquarter earnings rose a better-than-expected 11 per cent, fuelled by higher profit at television network NBC and the growing market for spare parts and maintenance of GE equipment. Net income rose to US$l.9lBloomberg Business News - 251 words
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Article, Illustration73 1996-07-19 18 [LOS ANGELES] Surveying a model of the proposed expansion of The Disneyland Resort are (from left) Douglas Moreland and Barry Braverman, vice-president and executive producer respectively of Walt Disney Imagineering, and Paul Pressler and Norman Lee Doerges, president and executive vice-president of The Disneyland Resort respectively. The proposedREUTER - 73 words
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362 1996-07-19 18 Basalts notable for fast rebound in core automotive business FT [NEW YORK] Ford Motor, which is carrying out an expensive overhaul of its product line-up in the US and Europe, surprised the US stock market on Wednesday with a 21 perFT - 362 words
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333 1996-07-19 18 Bloomberg Business News [NEW YORK] News Corp has agreed to buy the remaining 80 per cent of New World Communications Group Inc for about US$3 billion (554.2 billion) in stock and assumed debt, making Rupert Murdoch's company the biggest US television stationBloomberg Business News - 333 words
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Article130 1996-07-19 18 Bloomberg Business News [NEW YORK] Ronald Perelman, the cigar-chomping billionaire who controls Revlon and Spiderman, reaped a profit of about US$9OO million (551.27 billion) yesterday. The 53-year-old New Yorker agreed to sell New World Communications Group Inc to News Corp for US$2.4B billion in NewsBloomberg Business News - 130 words
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FINANCE & COMMODITIES
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SMALLChange
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Article79 1996-07-19 19 Reuter {TOKYO! Deutsche Bank AG is currently negotiating with Chase Manhattan Bank to buy all shares in Chase's Japanese subsidiary Chase Manhattan Trust and Banking Co (Japan) Ltd, Chase Manhattan Bank said yesterday. On agreement by both parties, Chase Manhattan Trust and Banking (Japan)Reuter - 79 words
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78 1996-07-19 19 Reuter [KUALA LUMPUR] The overnight interbank rate fell to 6.5 per cent from 8.5 yesterday on heavy lending by foreign banks, dealers said. They said foreign banks, holding huge long positions, were also supported by a few local banks which had "overcovered". "Some freshReuter - 78 words
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Article78 1996-07-19 19 Reuter [JAKARTA] Indonesia's state-controlled PT Danareksa Fund Management has launched three open-ended mutual fiinds worth nearly 1.5 trillion rupiah (Ss9l3 million), the Jakarta Post reported yesterday. They are the country's first open-ended mutual fUnds. The newspaper quoted Danareksa president Iwan Pontjowinoto as saying the firmReuter - 78 words
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Article, Illustration197 1996-07-19 19 [SINGAPORE] In a first for a local bank-run fund management outfit, UOB Asset Management Singapore's largest unit trust manager has tied up with Standard Chartered Bank for the distribution of its funds. In a joint statement yesterday, UOB and Stanchart said from today investors197 words
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193 1996-07-19 19 Portfolios of pension funds to be based on market values Reuter [TOKYO] Japan's Health and Welfare Ministry said yesterday the corporate pension funds it supervises would have to switch to market value accounting in evaluating their securities portfolios from March 31,1998. "We have directedReuter - 193 words
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515 1996-07-19 19 Most depend on higher fee revenue to offset increasing losses from bad loans Bloomberg Business News [NEW YORK] Four of the biggest US banks reported second quarter earnings of 12 per cent or better, in several cases shrugging offBloomberg Business News - 515 words
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Article370 1996-07-19 19 Asian central bank governors to discuss cooperation today Reuter [TOKYO] Asian central banks are expected to bolster ties at their first governors' meeting today, but the Bank of Japan remains wary about proposals to develop a regional bank to formalise cooperation. Some Asian financialReuter - 370 words
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277 1996-07-19 19 Reuter [SHANGHAI] The coupon for China's latest three-year treasury bonds has been set at a four-year low, heralding further falls in coupon rates for Tbonds to be issued later this year, analysts said yesterday. The T-bond coupon rate, basicaUy being pulledReuter - 277 words
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196 1996-07-19 19 AFP [SHANGHAI] Foreign banks in Shanghai's Pudong New Area will be allowed to conduct business in the Chinese currency on a selective basis within a year. Vice-mayor Zhao Qizheng said yesterday that conditions were in place to give foreign banks, now restricted toAFP - 196 words
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451 1996-07-19 20 Mitsubishi, Mitsui, Marubeni and Itochn setting np risk-control teams Reuter [TOKYO] Japan's four biggest trading houses said yesterday that they stepped up derivatives trading to hedge against risks in interest and currency rate fluctuations in the last fiscal year. By March 31, theReuter - 451 words
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351 1996-07-19 20 Idea revived in the face of volatility of pulp prices Reuter [HELSINKI] A Finnish options exchange hopes to succeed where others have failed, with a new formula to convince conservative forest industry executives to support an international pulp derivatives market. If itReuter - 351 words
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257 1996-07-19 20 Surinder Singh - From\ Surinder Singh in Sydney MALAYSIAN timber exporters are going to find it hard to increase their already dwindling share of the hardwood market in Australia, says a study done by global marketing intelligence and forecasting group, BIS Shrapnel. Senior economist at BIS257 words
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Article215 1996-07-19 20 SSMEXReport Reuter [SINGAPORE] Simex Euroyen futures ended firmer on shortcovering but concerns over higher interest rates continued to haunt the market despite the Bank of Japan's injection of funds. "Historically, the BOJ tends to inject a lot of money before a short-term rate rise to preventReuter - 215 words
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Article160 1996-07-19 20 Reuter AFP THE dollar remained queasy after Federal Reserve chairman Alan Greenspan's Hum-phrey-Hawkins testimony and was plumbing new depths by late afternoon in Europe. Mr Greenspan said the Fed would tighten if inflation pressures look set to intensify and that it would be especially vigilant on inflation andReuter; AFP - 160 words
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313 1996-07-19 20 ENERGY REPORT Reuter [LONDON] Oil prices were lower here, but falls were limited by speculation that a bomb caused the crash of a Paris-bound jumbo jet off the US coast, and by the continued quota feud between Iraq and theReuter - 313 words
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Article, Illustration1281 1996-07-19 20 DfTHBBAlfK CROSS RATBS JuU8 I C$ tak ICO FTr MK$ MbMK im Wm K BW1 hm —8 l» Wl Ml Aastra*a 1077 1170 0.619 1953 L187 6.066 ***** ***** 0351 6383 L950 1138 27.695 ***** UB 1438 ILfH 2UOO***** MB W Canada 0.928 4.0*7 am 3370 L004 MX ***** *****1,281 words
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Article1516 1996-07-19 21 COOM PUTIIEBg Jul 18 W> 1 COBTMCTBuSbfrt) 1 CIom VMmm Opaa MWi M£ U» Satt Own) Ortarart Sn ***** 775 H ***** 190.50 ***** *75 1590 M 190.50 3525 fcwM 190.50 3525 •oclt 190.50 3525 imfltmfl 190.00 5(75 Apr/JaO 97 190.00 1200 2550 MA* 97 190.00 Rs»imna*n<w«MM« opaa1,516 words
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Article2304 1996-07-19 21 Naca *h A. A. Corp Adr 561/4 unch AB Ports 261 -4 Atoay National 597 -3 AIM Lyon* 432 4 Anne 92 *41/2 Arf*« 346 Aid* Group TIS1/2 11/2 ■AT M 502 *4 BICC 321 *6 BOC Group 915 -6 BRPotrolaum 596 3.600 BTR 234 -5 Bank2,304 words
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Article1603 1996-07-19 21 Reuter Pghtas ♦lsw STOCKS moved up a gear to close higher, after the Dow's slight gains overnight soothed Tokyo's flutters over the recent tumbles on Wall Street. But the market lacked energy, with trading remaining slim. Most investors held back from joining the market, cautiously watching for any hintsReuter - 1,603 words
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Article, Illustration1679 1996-07-19 22 Reuter QH&ngSeng +***** ENCOURAGED by Wall Street's overnight stability, stocks ended on a firm note with the property sector leading the way. The Hang Seng Index closed 102.14 points higher at 10,711.24. Turnover was HK$4.O4 billion. "I think there is a fairly positive feeling," said an analyst. But heReuter - 1,679 words
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Article, Illustration652 1996-07-19 22 Reuter Q Shanghai B Share Index +0.04 SHANGHAI'S B Share Index ended almost unchanged in slow trading with most investors on the sidelines on concerns over possible poor company interim results. The index edged up 0.04 point to 50.24 on volume of 6.8 million shares worth US$2.6 million. BrokersReuter; Source: Credit Lyonnais Securities (Asia) Ltd - 652 words
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Article359 1996-07-19 22 AFP QWFlnfcx +1147 SHARE prices finished higher due to buying support from domestic fund managers. Domestic fund managers and government-run funds cautiously increased their shareholdings despite light sales by foreign institutions, said a trader. The Weighted Price Index rose 19.47 points to 6,122.20. Turnover was 1.1 billion shares worthAFP - 359 words
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Article269 1996-07-19 22 Reuter n Wellington -%M SHARES closed lower in light volume. The NZSE-40 Capital Index closed 9.34 points weaker at 2,055.91. Bay of Plenty accounted for NZ$B5 million of the overall market turnover of NZ$lO4 million. Reuter *h room ANZ Banking 6.80 unch 2013 Advantaeai HMgi 1.55 -0.01 1300 AirReuter - 269 words
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Article, Illustration834 1996-07-19 22 AFP PI SET Index *7.46 SHARE prices rose yesterday due to a technical rebound in the construction and chemical sectors, analysts said. "This was a short-term effect with selling pressure likely to continue in the long-term until there is an improvement in the macro-economic picture," said an analyst. TheAFP - 834 words
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Article409 1996-07-19 22 AFP Composite loin +XBl SHARE prices closed higher yesterday as technical bar-gain-hunting emerged after recent falls. The Composite Price Index rose 3.81 points to 816.47. Turnover was 19.1 million shares worth 329.1 billion won. Risers beat falls 524 to 270. Samsung Electronics rose 1,200 won to 70,000, LG ElectronicsAFP - 409 words
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Article617 1996-07-19 22 AFP yiAflOrdjaariai *231 SHARE prices rose as major stocks led the market in a welcome recovery from sharp Wall Street-inspired falls earlier in the week. The All Ordinaries Index gained 23.5 points to 2,119.6. Turnover was 272.1 million shares worth A 1858.1 million, with 545 advancing stocks outnumbering 381AFP - 617 words
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Article, Illustration753 1996-07-19 22 AFP n Composite Index +0.06 SHARE prices closed barely higher yesterday after morning gains in heavyweight stocks were largely reversed by profit-taking. "There is a degree of apprehension in the market but foreigners are not steering clear of the Indonesian market. It is a matter of being selective," saidAFP - 753 words
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Article338 1996-07-19 22 AFP n Manila SHARE prices closed barely firmer in cautious trading caused by uncertainty over a rise in US interest rates. The PSE Composite Index closed 0.38 point higher at 3,188.04. Turnover was 7.97 billion shares worth 2.19 billion pesos. Philippine National Bank fell 7.50 pesos to 437.50 whileAFP - 338 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration7499 1996-07-19 23 Bloomberg Business News POwnpoateliMfai -3J4 STOCKS fell, led by Telekom Malaysia, amid concern the central bank will tighten credit to cool the economy. "Investors are worried about the direction of interest rates," said an analyst. The International Monetary Fund warned this week thatBloomberg Business News - 7,499 words
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WARRANTS&OPTIONS
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Article3743 1996-07-19 24 R Sivanithy - WARRANT WATCH By. R Sivanithy A FEW general guidelines apply when assessing the attractiveness of warrants they should preferably have a low conversion premium, high gearing and a long time left to expiry. Even better would be a high volatility in the underlying3,743 words
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Article2424 1996-07-19 24 MALAYSIAN STOCKS Cr Cf 1 VW 1 V«( On LaatOuata D«v Dtv YM Nat M Cap H0» Law Stno Company 5«*a COOP) High Law Buyar SaHar Cw P/t Smi 55 a 1 5000 AISB50C 390 sc 5 400 396 3H 402 10 19 04 U~Z 4012 IB M2,424 words
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STOCK EXCHANGE OF SINGAPORE
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Article1205 1996-07-19 25 TURNOVER COOO) VALUE ('OOO) Main Cm> Tt*i mm cto» wg InduMrlW 34.047 23.491 57,53® 110.849 MJM 1*0,137 Fi "*K* 6,113 3,631 9,744 63,890 7,146 71.037 1.811 237 2,048 4,653 388 5.041 Prop6ftl»» 3,821 5.286 9,107 23,117 6,912 30,028 PUntttton 900 900 2.414 2,414 MtnJng 125 12S 35* 356 »L* 6.6981,205 words
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Article, Illustration64 1996-07-19 26 Paul Leo - Or Paul Leo CSA HOLDINGS yesterday rose two cents to $1.32 with 1.36 million shares done, up sharply from the previous day's 310.000 units. Daily and weekly RSI are bouncing up from oversold territory, with the latter showing a bullish divergence. Daily Moving Average Convergence-Divergence Indicator is about64 words
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Article, Illustration898 1996-07-19 26 R Sivanithy - STOCK MARKET COMMENTARY Dealers note pressure on several index components; Indon-linked stocks too lose their momentum; meanwhile, the Malaysian market turns quiet By R Sivanithy [SINGAPORE] It was a see-saw day for The Straits Times Industrials Index yesterday. The effect of898 words
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ON THE GRAPEVINE
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Article60 1996-07-19 26 A DBS SECURITIES dealer has this consolation for some Amcol shareholders who used the shares as collateral: "Our research team has valued Amcol's net asset value at $2.20, provided there are no unpleasant surprises in a report due next week." Well, there could be some surprises, not60 words
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Article66 1996-07-19 26 WE HEAR that a foreign broking house which put out a buy recommendation on bank stocks last week was selling them yesterday. "It's interesting how they recommended only last week but we met them selling today," a dealer with DBS Securities said yesterday. He noted that66 words
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Article124 1996-07-19 26 VISA and MasterCard are really slugging it out. At a press conference on Wednesday to give the "real picture" of the card market in China, Visa executives restrained themselves from mentioning its arch rival by name. They referred repeatedly to figures so far released by "other people".124 words
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Article84 1996-07-19 26 ONE of the newest foreign exchange players in Singapore used to work in the local electronics industry. We hear that this person, who was in the R&D department of a large company for a long time, had quit recently and has since rented a Reuter screen84 words
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Article73 1996-07-19 26 A SHARP slowdown in exports, coupled with a wide current account deficit, has prompted the Thai government to come up with various measures to stimulate exports. Cuts in bank interest rates are underway while other ideas are being conjured up to go slow on imports. Prime Minister Banharn73 words
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Article4704 1996-07-19 25 Of Or M wt 1996 Last Vol Day Last Owete Dlv Wv YM Net Cap Avg Miqfi Ln StNo Campany Sale COOO) Igg Lew Buyer SeNer Cw P/t )mN Price INDUSTRIALS 5146 ASE NTS10 200 US- 214 165 1258 AcerSOc US181 urvch 49 181 181 181 182 S4,704 words
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Article823 1996-07-19 25 rr isst vsi db» L*t Owto Ml Ml ra Mi cj H*9» far ttW ClDIH M> rOOO> HUM L— MfW W» Cw XI tali Mw fffftAO 289 218 2000 ABPMId.j.Sc 226 -9 97 240 229 222 22S 3.0 M2 0.1 141J 100S 229 234 113 2001 Atiamctrta SOc 120823 words
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Page 15 Advertisements
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Advertisement234 1996-07-19 15 HOUSING LOAN RATES* FROM 1990 TO 1996 mmmm credit pose mmmm iiiiiiJiliiili i i I i i i I i i i I i i i *90 *91 *92 93 Credit POSB provides loans for property Occupation Permit is issued. purchases particularly for private property or Be assured that you234 words
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Page 16 Advertisements
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Advertisement111 1996-07-19 16 j^^^jPffender Chicken ySS Succulent Squid T U.S. BeefyJt^^ Prawny Perfection Greenish Peppers Crunchy Carrots j Beany Sprouts Ladylike Fingers lAII-You-Can-Eat I nri by 'v? Nishiki Restaurant Tel: 322 4224 With a history dating back to 19 18 Kwok Gallery offers professional and personalised services to collectors, corporate An unhurried ambience111 words
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Page 17 Advertisements
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Advertisement74 1996-07-19 17 A =j| Christofle Paris I W H I H Iff I w I Pavilion Christof/e The Shopping Gallery, #02-11/12 Hilton International Singapore, SHI Orchard Road, Singapore *****3. Tel 733 7257 Espace Christofle: Robinson* 176 Orchard Road, Level 4, Centrepoint, Singapore *****3 Isetan Scott* Level 4, 350 Orchard Road, Shaw House,74 words
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Advertisement82 1996-07-19 17 q.\ vWith <v The only luggage in the world with international patents on both <T *< X t■' jm|® fSfl hise-lined fabric interiors and high-cushion protective bumpers. flf A unique lour point latching security system combined with .i W& weather-outseal provides superior protection to your check-ins. I Sole Distributor :I82 words
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Page 18 Advertisements
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Advertisement1127 1996-07-19 18 Head Office Georgsplatz 1,0-***** Hannover MXJKmJ/ U# Tel: 511 361 0 Fax: (0511) 361 4765 NOKDDEUTSCHE LANDESBANK Singapore Branch 6 Shenton Way #16-08 DBS Building Tower 2, Singapore *****9 GIKOZBNTKALE Tel: 323 1223 Fax: 323 0223 CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME 61-12-66 31-12-94 31-12-66 31-12-94 ASSETS TOM TDM1,127 words
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Page 19 Advertisements
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Advertisement149 1996-07-19 19 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 1 fel I I FAR EAST ORGANIZATION I We are currently inviting suitably-qualified candidates to apply for the I following position: I You must be able to supervise the construction of high-rise I apartments, condominium and landed property developments. You I should149 words
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Advertisement121 1996-07-19 19 S W V V.nsf 1 Tubogas earrings in 18 kt gold and jliLi bracelet in steel with Parentesi ending links in 18 kt gold. y I NIMH ***** k 1 1 1 1 BVLGARI; Bangkok Singapore Kuala Lumpur Jakarta Grand Hyatt Erawan Hilton International Shangri La Hotel Grand Hyatt; 254121 words
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Page 20 Advertisements
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Advertisement69 1996-07-19 20 KmR j? u9her for City Tfcerise I eve 'opments I *"<1 rise of I Unit trusts: I HDB prices What to do with I IftucuSLl I—l1 1 S% f and I illB,,ran ce L COfT yany Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS69 words
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Page 22 Advertisements
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Advertisement70 1996-07-19 22 Qe OM t S>' 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 Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your70 words
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Page 23 Advertisements
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Advertisement43 1996-07-19 23 The Art ofChinese toperial-Styte Hardwood Furniture r Exclusively from: Hua Shi fine Art Gallery (Business hours: I Oam 6pm Monday Saturday) Showroom 1 608 Martin Road #05-04, Singapore *****7 Tel: *****92 *****45 Showroom 2 276 River Valley Road, Singapore *****7 Tel: *****71 *****2343 words
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Page 24 Advertisements
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Advertisement37 1996-07-19 24 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai qiy TIMCO nAII V m six times daily. Enjoy gourmet food, vintage French wines and a standard of service that's Thsi- as silk.37 words
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Page 25 Advertisements
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Advertisement225 1996-07-19 25 Invest In The World's Giving you the opportunity to invest in the future of the emerging markets of the world is the Templeton EMERGING M ARKRTS Investment Funds Emerging Markets Fund. Invest before 12 July 1996, and you'll receive a discount in the form of bonus units based on the225 words
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Advertisement141 1996-07-19 25 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 Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period I 1 12 months 6 months I 3 months at 5560.00141 words
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Page 26 Advertisements
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Advertisement2160 1996-07-19 26 Singapore Closing Share Prices 18/07/1996 CLOSE PREV LOW HIGH till## USS USS USS USS lllJf/ Jardine Matheson 6.65 6.85 6.65 6.85 FIBBIH Jardine Strategic 3.04 3.10 3.00 3.12 L J Dair > Farm 0.81 0.825 0.805 0.82 MWM Hongkong Land 2.23 2.22 2.21 2.23 Mandarin Oriental 1.34 1.40 1.34 1.402,160 words
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Advertisement389 1996-07-19 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHAMPION SPARK PLUG (FAR EAST) PTE LIMITED (IN CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Cap. 50. that the FINAL MEETING of the members and creditors389 words
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Advertisement385 1996-07-19 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF ZEELAND SHIPPING SERVICES (PTE) LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, (hat the FINAL MEETING of the members and creditors of the385 words
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SHIPPING TIMES
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Article309 1996-07-19 27 Knight-Ridder Reuter THE US Gulf is one of the very few areas where Panamax owners are seeing any gains, albeit so far slight, in freight rates. Rates for most other sizes in most areas remained at very low levels. The Baltic Freight Index was only 2 points lowerKnight-Ridder; Reuter - 309 words
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Article304 1996-07-19 27 SCS *000 MM a »n CWT Distribution 1.41 -0.01 9 Chuan Hup Holdings 1.04 unch 59 Cosco Investment —1.44 *0.03 31 FELS 7.35 *0.05 241 Freight Links 0.73 CB Holdings 1.08 -0.04 79 Hal Sun Hup 1.04 *0.01 248 Hitachi Zosen 0.90 -0.02 125 IMC Holdings HK5.60 Jaya304 words
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336 1996-07-19 27 Rahita Elias - New chairman singles out bulk carrier fleet as top priority By Rahita Elias [SINGAPORE] THE International Association of Classification Societies (lACS) plans to intensify its efforts to promote safety at sea this year. Its new chairman Dong Jiufeng says developing a336 words
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279 1996-07-19 27 Reuter [TAIPEI] Directors of all the major ports in China will visit Taiwan's big four ports and meet their counterparts for talks next week. The nine-day stay will begin on July 23 and is aimed at removing obstacles to direct sea links between theReuter - 279 words
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768 1996-07-19 27 Selva Kumar - ADMIRALTY CASEBOOK By Selva Kumar A SINGAPORE registered bulk carrier ran aground off the South Australian coast last December because it did not have the required navigation charts on board. According to a recent report after an inquiry by Canberra's Marine768 words
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289 1996-07-19 27 Yong Mei Fong - Focus will be on shipping policies and operational matters Yong Mei Fong THE Maritime and Port Authority of Singapore (MPA) and the Singapore National Shipping Association (SNSA) have jointly formed two committees which will meet regularly to discuss289 words
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280 1996-07-19 27 German ambassador expresses confidence in Klang's potential MBT [KUALA LUMPUR] The port of Hamburg says it is keen to work with Malaysian port authorities to promote Port Klang as the load centre in South-east Asia to boost trade linkages between GermanyMBT - 280 words
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Article, Illustration193 1996-07-19 27 [SINGAPORE] Barely five months after crossing the 15 millionth mark, Singapore's ship registry soared by another million to hit 16 million gross registered tonnes (grt). In May. the Cos Angel ushered in the tonnage to set the new record.193 words
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202 1996-07-19 27 Knight-Ridder [JAKARTA] Officials at Jakarta's Tanjung Priok harbour say shipping arrivals and cargo activities at the port have shown a recent marked decline, Bisnis Indonesia reported on Wednesday. Last week, port authorities recorded only 14 trampers putting in at the harbour, versus 24 in theKnight-Ridder - 202 words
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PORTShots
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Article93 1996-07-19 27 [SINGAPORE) Japan and China are now among the three top users of the Panama Canal. Latest statistics published by the Panama Canal Committee show that Japan is the I; second biggest user, after the US. Goods carried by Japanese ships passing through the canal93 words
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76 1996-07-19 27 Oana-PNA [MANILA] Asian Terminals, Inc (ATI), the authorised S cargo handling operator in Manila's south harbour, is nov£; responsible for assigning berths to all incoming vessels at > the country's premier international port. ATI manages berth assignment at pier side and at anchorage toOana-PNA - 76 words
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Article50 1996-07-19 27 [BOMBAY] Pipavav port in the Indian state of Gujarat, joint venture between private company Sea King Engineers and the Gujarat government, will raise USslol.7million (Ssl44 million) through global depository receipts and a further amount through commercial borrowings to fund a 6-billion-rupee (SS24O million) expansion plan.50 words
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Article68 1996-07-19 27 Reuter [BRUSSELS] The European Commission decided on Wednesday to investigate aid granted by the northern German city state of Bremen to bankrupt shipbuilder Bremer Vulkan Werft, saying it doubted it was compatible with EU rules. The Commission said the total aid given forReuter - 68 words
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Article, Illustration1148 1996-07-19 28 SHIPPING STANDARDS: EUROPE GETS TOUGH A quarter of all vessels visiting European ports must be inspected under a new European Union directive, and owners of detained vessels will be named and publicised in a crackdown on sub-standard ships Fairplay Europe has embarked on a new,Fairplay - 1,148 words
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445 1996-07-19 28 PACE fl-Bright 7 AEL m FUG IS AFTShpg 13 Famous 7 AMI 3 Farwide 14 Able 16 Feedertran 7 Accord 8 f oonqSwi 8 Ahrenkiel 4 Frt Links 13 Appenship 4 Frt orW 1 Astro 3 G ljnk Austral 9 6a an '2445 words
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Article10529 1996-07-19 36 EXPORT ETA ETA Advertiser Vassal Voyaga T*l«phon» ETA ETA Advartisar Vassal Voyaga T»l»phon« SIN Dast'n Nama Nama Numfcar Numbar SIN Dast'n Mtnw Nama NunMr Numbar vHMMHMIHMKWMMHHHHMMMMMHMMMMHHHHHHMHHHHBHBBi *MHMWMMMMHMMMMM*MNMMKNMMMBKMMMMRMHMMIMMM*H*MO?^- To BREMERHAVEN (BRV) 2057 Germany To ABIDJAN (ABJ) 2003 it/or m/m mol oanube 32* 45-****** Ivory Coast, Cote D'lvoire 19/07 oa/o*10,529 words
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SHIPS IN PORT
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Article2026 1996-07-19 43 RECEIVING of export fcl containers and lcl cargo Booklng/Bilance Ritls SWp Voy No Etb/Btr Period From To From *oj*d# 300* 21/2359 28 18/1700 19/0659 "WOO J 19/0700 iwre» W400 4 19/1200 19/1459 19/1700 Acs Aalv Tofc 20/0700 I* IS/1500 N/1659 N/1900 N 18/1500 N/1659 N/1900 M 14/1700 19/0*592,026 words
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Article568 1996-07-19 43 Voy No Berth Arrtval Depart art JM|M ft WH AO wnfwM 19.07/2100 H.07/0700 *a MO 0M7J JOJ aupill KWIm JfTi? 5?. J0 *07,"*X>C J* 2* J* Mnpiii w o vnoc »J7/0WC 55.** W|»* JO a»pi*l *07/21* OVH J02 <na 20 07/0*00 psr- U* s 23S MS? If"" 7*77*568 words
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Article300 1996-07-19 43 JULY It Nicaragua. Revolution Day. JULY 30 Colombia: National Independence JULY 22 Belgium Belgian National Day. JULY as Egypt. Revolution Day JULYM Venezuela Birth of Simon Bolivar. JULY as Costa Rica Guanacaste Day. Ecuador Guayaquil Foundation Day (Guayaquil only). Israel: Ninth of Ab East. Tunisia: Republic Day. JULY300 words
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Article844 1996-07-19 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual844 words
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AIR&LAND TRANSPORT NEWS
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413 1996-07-19 44 European group to take legal action against US manufacturer AFP [NEW DELHI] European aircraft consortium Airbus Industrie has started legal proceedings against US rival Boeing Co for making allegedly misleading statements about its planes to win a lucrative deal in India, aAFP - 413 words
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151 1996-07-19 44 AFX-ASIA [HONGKONG] Air cargo throughput at Kai Tak Airport in the first half rose 3.5 per cent year-on-year to 667,758 tonnes, Hongkong Air Cargo Terminals Ltd said. Exports were up 2.6 per cent to 296,942 tonnes while imports rose 5.5 perAFX-ASIA - 151 words
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Article189 1996-07-19 44 Reuter [JAKARTA] Car manufacturers in Indonesia, undeterred by a new firm which threatens to undercut the industry, will hold a car exhibition next week aimed at increasing sales. The Association of Indonesian Automotive Industries (Gaikindo) will hold the 9th Jakarta Auto Expo from JulyReuter - 189 words
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Article, Illustration91 1996-07-19 44 Christopher Tan - Christopher Tan [SINGAPORE] This is not a stunt. This car is not fitted with any counterbalancing weights. To demonstrate Citroen's self-levelling suspension system, distributor Motorviva conducted test drives of the Xantia model with one wheel removed. The car automatically re-distributed its weight among the three remaining wheels, andARTHUR LEE - 91 words
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299 1996-07-19 44 Number of cancellations expected to increase AFP [TOKYO] Typhoon Eve smashed into the southern part of the Japanese archipelago yesterday as dozens of municipal authorities set up disaster relief centres and airlines cancelled 100 flights, officials said. Packing winds of almost 200 kilometresAFP - 299 words
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215 1996-07-19 44 Knight-Ridder [WASHINGTON] The Transportation Department's former inspector-general alleged on Wednesday that the agency's "highly irregular" treatment of ValuJet Airlines made her suspect that the carrier enjoyed special influence among senior officials prior to the May 11 crash that killed 110 people, the ChicagoKnight-Ridder - 215 words
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Article163 1996-07-19 44 AFP [NEW DELHI] The Indian government on Wednesday approved the joint venture proposal of Bayerische Motoren Werke AG to manufacture cars in India in partnership with Hero Cycles, officials said. "This (approval) will provide greater competition among the foreign car manufacturing firms who have positionedAFP - 163 words
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LOGBook
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67 1996-07-19 44 [SINGAPORE] All Qantas flights are now smoke-free. The Australian airline says the total ban on smoking on board all its flights took effect on July 1. In a statement, Qantas said the move is in line with Australian air navigation regulations that are to be67 words
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41 1996-07-19 44 AFX-ASIA (JAKARTA] PT Garuda Indonesia Airlines unit PT Merpati Nusantara Airlines will fly three times a week to Melbourne from early next month, using Airbus wide-body A-310-300 aircraft, Merpati president Budiarto Subroto said. —AFX-ASIAAFX-ASIA - 41 words
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86 1996-07-19 44 AFP [MEXICO CITY] A turboprop plane with 16 German tourists and two crew members crashed on Wednesday on the Yucatan Peninsula, killing one passenger. The other 17 people aboard, including the pilot and co-pilot, were injured. Rene Gordillo, an aviation administration inspector at Cancun Airport,AFP - 86 words
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76 1996-07-19 44 AFP [LONDON] The London underground system was almost entirely paralysed yesterday, as tube drivers staged a 24-hour walk-out, their fourth since the end of June. This brought chaos to the capital's main highways as the 2.7 million passengers who use the tube every day switched toAFP - 76 words
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231 1996-07-19 44 Reuter [BEIJING] Despite funding shortfalls, China laid the first section of underground rail track on Tuesday for a new mass transit system in the booming southern city of Guangzhou, an official said on Wednesday. Construction of the underground railway's major northsouth lineReuter - 231 words
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Article1746 1996-07-19 44 CITY FLIGHT ETAFUGW ETP Abu Dhabi 2_ 6A890 2140 <>*••»• SR183 2115 Adelaide S0229 777n Guangzhou PRC C2354 0925 Amsterdam S0327 0755 KL844 0040 Hanoi VN745 1300 VN744 MOO KL837 M45 CA890 2140 VM74I1310 VW740 1410 KL838 2300 HatYel TG407 2105 TG408 0820 DL26 2355 MI8951,746 words
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Page 27 Advertisements
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Advertisement10 1996-07-19 27 Weeding out ships of shame Europe gets tough. Page 210 words
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Advertisement15 1996-07-19 27 Airbus to take Boeing to court Rival playing foul in India, claims Airbus. Back Page15 words
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Page 28 Advertisements
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Advertisement925 1996-07-19 28 yfIMMMMWIHPI 1 OTHER DESTINATIONS I DIRECT TO WEST COAST WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE 1 rasa VOT tttSM trosw 1A OAR VQ SEA ML mm OK NY MBOCOOTT vtssa I vot Isi IrowTut Unmann] 2* 17/g 10*7 02/JJ J4/J 06£ 0./JJ OS/OJ 05/00 06/0. 06£ JJ/JJ ISS ISSI925 words
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Advertisement648 1996-07-19 28 Line* services represented by Members oi the Regrstry o» Mernbers o» the UW2«Ij Accredited Shipping Agents. Singapore Freight Forwarders SHore National Shipping Assoc Association Send out 48,000 sailing schedules Shipping Times Just talk to us... I Iris Ltm 740-2044 Tan Lip Chuan 740-1645 *Jarrod Leong 740-2089 Philip Koh 740-2382 tAPOKT648 words
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Advertisement1126 1996-07-19 29 EXPORT TO: TO: JEDOAH/UK/CONTINENT ftttOk VOY SIN j» R'DAM triURG B'HAVIN SION l» ALSO ACCEPTING CARGO FOfl: MOUOYD AFRICA 52% 24/07 13/0# 11/01 15/01 GIASGLOW, GRANGEMOUTH lAIOHI IW* 26/07 11/08 13/08 14/08 17/08 SfMIYIKMfIK NfDUOYD NOtffUNMi 3294 27/07 17/08 15/08 12/08 13/08 HtDUOYDtUtOfA 5304 01/08 20/08 18/08 22/08 IRIMIN CPS/LCI1,126 words
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Advertisement2078 1996-07-19 29 HANJIN SmPPING uST CANADA* IUMNMA/VOT IMM SM ISUI I 11W TO CM OTT f~0« M|M|KR W MTC TVI TTI |TU TTC TEG rmmmmomi nm nm I is/m "u/oT" u/m "ii/oT" i o/m "nm ~u7oT~ h/m T*m~ nm "li/oT" iT7m~ ii/m um ~m7m~ nm Iyu~ ii/m nmmtmi nm oi/m I n/n2,078 words
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Advertisement166 1996-07-19 29 frtgy) ORIENT EXPRESS UNES (U.K.) LIMITED OsB*. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUnLE VtSSft VOT SW6AFOKI WHMT VBSE VOT WWMT jjjjMMg Orient Mumboi 100 18/07 26/07 Orient Mumboi 100 26/07 11/08 Lomphun Novee 200 28/07 05/08 Lomphon Novtw 200 05/08 18/08 Eliza 300 04/08 12/08 Eliza 300166 words
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Advertisement1439 1996-07-19 30 I# I V f# I V U I VA T A V r JBB^^MM vwa »OT agjwg (otomo iedoah maita vmmmm hamiuk gggHgw romnom mat it mm r apewg? am _jszz ia M ~a/T~ JfILM rnv w. w m ii ii/i m wmim* mn nn v% u/i m/i iz/i i1,439 words
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Advertisement1534 1996-07-19 30 I NORASIA I VESSEL VOV ISM PKI OOA US BCL VAL ALQ ROT ANT FEL LHA •JORIMIU 9624 3 24/07 2MJ7 BMO 13M 11M 1060 2M( IS,« IMM 14,80 IMI 22 SL\, UII 22;? 212! I l 1M Tim IMI am vm am NORSHMKHM MM-3 (784 MM OA» W» ZM»1,534 words
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Advertisement430 1996-07-19 30 Direct Container Service t° Fangcheng Zhanjiang Vessel S'pore Fangcheng Zhanfiang UANBAO 21/07 26/07 28/07 /VQffTRANS TEL 65 *****67 FAX: 65-*****90 Multi-Purpose RO/L0 Carrier Accepting: RO/MO, Ramp Capacity §pto 40 tans Heavy Lift opto 68.5 torn Convention*/ Break BJk /Conhmer/Reefers Containers Thai Flag Status A* Express V.26A SAMP SAIUD SAMP 77-74/07430 words
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Advertisement987 1996-07-19 31 H STRAUS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Kappol Towers Sinqapof 0208 Tal: *****88 Fax: *****17 I****** MUNEI CONVENTIONAL SERVICE SARAWAK CONTAINER SERVICE ■®SS ¥21 SM MUA K> mss voy IstNGAfOtTI KIKMNG H/o; _n/o7 30/tJ oMuujmm m»4u m/ 07 n/»/ ®Ls*—®i/o| ot/oi cam m m mi bam/m u/oi987 words
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Advertisement1374 1996-07-19 31 KAMOT/ NHAVA S*Vr!xl (vucoiawoinfcnvi Mvaanrsuuv.ooiiw :>| I DfciiwmMi mm/imUvchmmt4ttst4i/t44 jommoma SmS" 1 fI^!&«"~ "5!' ~D" NOW ACCEPTING TO: itSlSm !SS $88w" i. DTOHGT/U.shamtou SL» S8 88 1% USW 88 S8 88 "*BB i» !!»Sk I o« ,h,«™ SSHr L 88 liS SS :r i! 8 Mr SSmBBRBM""" ES SS 281,374 words
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Advertisement340 1996-07-19 31 J' 3 WIHtfWH S J9L St 9 UK MO Bl M HI TOK IN 01 Ql HOI mi IDWM www- j* w ~Sj[-Jr-jfc-jgr-jfr JMMllidfiL JZfIL JML JUS. 21JUL JfcK. JML JML IS SSi S" mi w v*> »n/v mh»anmm iw im -fiJar «ZE ML JML JML US. 11l JIS JML340 words
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Advertisement1442 1996-07-19 32 A ■PPH EUROPE/UK/SCANDINAVM/FWLANO/RUSSIA S&P ROM ANW HBG THP LHV LHV TMP ROM ANW HBG PIU SGP E ROUND RWO2I 28/7 9/1 14/8 10/8 12/8 14/8 I. GENTLE RE 061 23* 2M 2S« 27* 28/6 22/7 E REWARD RW 019 27/7 18/8 21/8 17/8 19/8 21/« GARDEN RE 0(4 30* 1/71,442 words
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Advertisement1022 1996-07-19 32 I— m. VOTAW Mr DM AW DMN MM KWT ua VfSSIL VOTAM OM Ull DM UN W I UMCOtKOT Ml30?/* 7V07 04/H OS/M OA/W 0//0 I 07/W 07/01 lUN (OtONA 0404 030f 07/07 01/07 09/07 10/07 71/07 MfIHM 04U430W 01/01 11/tN 12/04 IVOI 14/W l</M 14/04 MOMS 0410 03IE 14/071,022 words
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Advertisement703 1996-07-19 32 121 mCHRELO MARINE AGENCIES (S) PTE LTD FW TEL; *****33(12 LINES) ipri FAX: *****15/*****03 D TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E |)3G ETHIOPIAN SMIPPIN6 LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL T~ Vessel Voy Spora Lo dtn 9 »«> Abyot 45W8 28/08 Mombasa" OpbouC703 words
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Advertisement670 1996-07-19 33 r j BSA jl MYANMA üBBk FIVE STAR UNE X (Myaanar National Um) f Le#*e§ (ac Yoagaa (Raafaaa) wsa VOY $M KG KM rcu mmm ism su 2 RTOMATWA 0 IMW MPT MUTM MOT: OOUSTUO MM MNB ML m omj-mujm nt rn oi-u-i/mioi ret TH 01-64-MI24M PC* TH 07-07-ISI2IJI/4 BANK670 words
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Advertisement1034 1996-07-19 33 a hYUNdan MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKO; *****61 PM PB MO VPSII/VOT VOT SW OTM AWT |fl) MMI Mil Ftt 17/07 10/07 M/ 07 H.IAMM 301W 22/07 00/ M 11/ M "il7oo FTTOO FTToi 13/ M 24/07 14/07 27/07 K. FRONTKI 323W 20/07 14/ M 10/ M1,034 words
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Advertisement373 1996-07-19 33 <j& FAMOUS CONTAINER LINES jiff 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) JII^^ytEELUNG 1 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS PTE LTD MHI Tmu ***1939 (1* UMM9) FAXi MHHMWWI TLX* US 4277MCT MCLx tO3) M373 words
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Advertisement1557 1996-07-19 34 IS^SShEiixa^mißmm VE gL Sl J T [VESSEL VOY I SIN PEN l^B VESSEL VOY SIN ii<K QUBU BHUM 31 SB SI 20/07 Tu» 33/07 JABU BHUM 6721 Sun 21/07 Tu« 23/07 RATHABHUM VI7N St 20/07 Wd I 24/07 BKATRA BH V M ®2§ Mon 22/07 St 27/07 B.MAS DUA «10S1,557 words
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Advertisement910 1996-07-19 34 11 DUXTON fIMBI WiUTTU mviq —M IHAN» 1" PINANO J" yUMI vot ww m yirrn VOT j gjjf k MXAtD *®i] 19/07 SAT 20/07 LUCK 6003 SUN 31/07 TUi 1 M/0X »*"NK 447N SUN 31/07 MOM 22/07 UTA V 9601S WH> 24/07 Hu~ |—/p/| MCC VAWTAOt 6054 MOM 22/07 TUI910 words
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Advertisement552 1996-07-19 35 Tropical wa«kiy LCL fcl s*™** Amarka I MAERSK MAERSK ASIA C. NARA 9630 OCTAVO 9631 Port Country 22/07 29/07 J '•fasGly Belize 25/08 01/09 ;|ridewown Borbodoj 28/06 04/09 Colombia 27/08 03/09 Castries Si Lucia 27/08 03/09 J Fort de Fir*fa»' Martinique 28/08 04/09 r Freeport 1 Mwmas 23/08 30/08 Kingston552 words
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Advertisement734 1996-07-19 35 PACIFIC INTERNATIONAL UNES (PTE) LTD MMb 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********0E pr ll' ir, Nbu pi" i nnr r m IQTAMAJU jfflfe ~Sj~ Sfi ift 7% !th $4 n/» 4/4 «r ssb i»gmng w\ Hp ill HI 1 W iAttJAM «mg_ Jh: =aa734 words
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Advertisement849 1996-07-19 35 VOaa> wI OAMCTTA LE HAVRE HAMBURG TIIAMCSPOnT ROTTERDAM <WTWB> VILE DE VELA VI9M 23/07 04AB 13AM 14/08 10/08 17/08 I*oB V6I£OECAPELLA TI6W 30*07 11/08 20*08 21/08 23/06 2MB 2MB V&IfOEUBRA LI6W OM* 1&W 27ffl 28/08 30/06 Q&08 CALJFORNU ORION UIBW 12/08 23/08 OCA» <&Q8 OMB (j*oo OMR also accepting cargo849 words
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Advertisement42 1996-07-19 37 To retrieve more schedules, just follow these simple steps... S tgh c document 740-6000^^^^^^ p the port your Step key in the four number /CM Ajpdigit code Key in your Exampte: r-L, fax number To HAMBURG (HAM) 2150 for calls within Singapore42 words
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Advertisement1233 1996-07-19 38 K44h m ff AS AGENTS: "K" UNE (SINGAPORE) PTE LTD (CR NO: *****73UMMGST REG NO; M2-W173N4) TEL22IB977TELEX:KAWAKIRS23I6SFAX W Tmi MALAYSIA: "K" LINE MARTRME (MALAYSIA) SON BHD JL m. TEL5A*****00PK*****75PEN*****20JB*****01 PGU*****25*5 INDONESIA: P.T. SAHARA LAUT INTERNUSA, TEL JKT *****06 /EXPORT H. AMEBICA-PACtriC SOUTH-WEST N S iMPORT N. AMERICA-PACIFIC SOUTH-WEST f «H«1,233 words
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Advertisement651 1996-07-19 38 "ZfaaC (Pu) &ct. inß (SHIPOWNERS 4 SHIPPING AGENTS) 10 ham M *14-13/14, It/17, If-JlK— jml Hm "riain *****3 K ***** 41 LBtHUAT Q NO: *****t*****w wißßrMMwro YANGON INDONESIA ffisa VOT aw tgw yesse Ivor law destmajkm SHSAW6 ***** 72/07 27/07 HONG SOON M 320 20/07 POOTTIAMAX SWTOIH; 160?7 27/D7 01/651 words
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Advertisement1013 1996-07-19 38 ■njrjl TWCE WEEKLY EVERY THURSDAYSUNDAY ARRIVAL FIXED DAY MONO AY *ssa wr pin mn ham nrr ia< mm vmti voy in MNGGIOBV A62BW/I IM7 1-1008 OMI 07« 12« CKMRBRIOGf *22E SU) &ID on «n I >Sro K *ANERBRIOGE J628W1 21«7 I 07*8 OftW 1008 12M MMGSTAR (61 M M M1,013 words
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Advertisement724 1996-07-19 39 I VESSEL VOY TIGER WAVE 452N 22 23AJ7 28-31/07 05 0608 I TIGER ISLAND 453N 26-27/07 31-/0408 09 10/08 I TIGER BRIDGE 454N 29-3007 04 07/08 12 1108 I TIGER BAY 455N 02 0108 07 11/08 16-17/08 I TIGER WAVE 4S6N 05 0608 1114/08 19-2008 I TIGER ISLAND 457N 09-1(V08724 words
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Advertisement1070 1996-07-19 39 Sea BZ Land NEXT DIRECT SAILING TO U.S. EAST COAST SL INITIATIVE V.626W ETA SIN ETDSIN 21 Jul '96 22 Jul'96 [VHSH Wf EM Ml CTOSM COMBCIHO WUSL 1 VOT ttC |MA| 01 WCI W|III Ml I W KM OM lour Ms MO7 iw 21/07 u oST "#?7ir uM u/m1,070 words
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Advertisement86 1996-07-19 39 I <B*TOYOFUJI SHIPPING CO, LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER BREAK BULK CARGO VISSIL I VOT I M SIX ill 1U j JPII TIANS PACIFIC 5 SI 24/04 15/04 27/Ot 30/04 01/07 10/07 DiIPHINUS 13 00/07 01/07 11/07 14/07 15/07 H/07 HAMS PACIFIC S 54 21/*****/07 |15/07| |01/0 l mm86 words
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Advertisement1520 1996-07-19 39 JP NedMoyd wiikiy io Nedlloyd Lines east coast south america [yS/J^ss. CM HHWIfWfIWW L M I SINGAPORE PHONE (GENERAL) *****69 RATE ENQUIRIES *****41/24*200 CfS (PHONE) *****10 CPS (FAX) *****23 I TOEUBOft jVHtV WEMffWWT Sir La* Rtff Anr- m 4 <t. Ert NU AFRICA /5296 24/07 15/08 13/08 14/08 11/08 LA1,520 words
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Advertisement781 1996-07-19 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****36 (3 HUNTIN6 LINES) TLX: R*****0 CR >0. **********00 BOOKINGS CALI DIRECT LINE: *************** JESSICA/CELIA 7 SLGS/WEEK 3 SLGS/WEEK VESSEL VOY I SIN I JAK [VESSEL [VOY IBW [SUR^ RABSKNARA 962§ IN PT 19/07781 words
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Advertisement376 1996-07-19 40 TO E. CANADA US ATLANTIC US GULF *OY J*®** 0 I""*** J*SPSS"* K <*W& SAVANNAH TAMPCO HOUSTON HOEOH DYKE 0636 22/23 JUL 14 JUL 00 SEP 00 SEP 12 SEP 19 SEP 18 SEP 23 SEP 27 SEP HOEGH MINERVA 0836 07/06 AUG 01 AUG 25 SEP 28 SEP 28376 words
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Advertisement122 1996-07-19 40 EKEH SIN FAR EAST 23/07 KEELUNG/KAOHSIUNG 21/07 BANGKOK 22/07 MANILA/CEBU 22/07 JAKARTA/8E LAWAN/S U RABAYA 22/07 PORT KELANG/PENANG/E MALAYSIA 21/07 BUSAN 21/07 TOKYO/YOKO/KOBE/NGO/OSA 22/07 HONG KONG 1 SIM CHINA (*S#£»*n) 22/07 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 22/07 LDN/FLX/LVP/SOU 22/07 RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM122 words
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Advertisement345 1996-07-19 40 Singapore Soviet Shipping M Co. Pte. Ltd. CR NO: 100S*****00N BOMBAY/COCHIN r VEBBEL VOY IB BOM XOOR GEMINI 421 23/07 31/07 TRADE FAST TFBIB3 23/07 31/07 KOTA CAHAYA CAHI6I JJ7/07 04AM MEKHANIK KURAKO MK2IN 01/08 08/08 MBMinamfflßK VESSEL VOY S'PORE ILYCHEVSK EVER GRADE 0117-000W 23/07 20/08 NUOVA LLOYD4ANA 0118-009W 30/07345 words
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Advertisement1072 1996-07-19 41 IMPORT FCL/LCL CONSOLIDATION I 1 GERMANY/SINGAPORE] Hwnovw E^ l Nß Marshalling Forwarding Services (MFS) WS i via Bremen and Hamburg f T -"r I Leipzig Our staff at your scrviee: k *'a >' Francis DID: *****54 Maria DID: *****75 C Nicholas DID: Salha DIDj *****71 m NOmberg V^f! stuttgart A1,072 words
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Advertisement1464 1996-07-19 41 Isw«| phamc ry I I ham I sou |uh I m I n» low I Ivcsm I ph. I spom [img 1 rkan Iph I ton I lonr I wbo wtm ttd oaninM 12*4 fjtf I 1047*1 W-07 MM 04M I IOM I ~~1 MM I NDHONGKONG 2244 144r I1,464 words
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Advertisement590 1996-07-19 41 1 1 APM THRt'cE 0 WEE'kLY 1 DIRECT TO HO CHI MINH CITY \iXPOHT TO HO CHI MIHH CITY IMPORT FROM HO CHI Ml MM CITYI vtssa I »0T I rer I m- i ciASPotf wok wssa wi now* {taspom DRAGON UUMMTAN 7IH (11/07) (11/07) 14/67 (TW) 11/07 OtAGON (ALMANTAN590 words
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Advertisement675 1996-07-19 42 Z^X SINO EXPRESS SHIPPING (PTI) LTD. V MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. V m m TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also occeptinq container coroo to: VESSEI/YOY ETA SIN ETAHK6 ETA SHA W/T HKG: Beijioo. Chiwon. "jhTfu 9613/9614675 words
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Advertisement829 1996-07-19 42 a«MN CONTAINER LINES- INC I Agmts: MAC-NELS SPORE: *****22 (24 LINES) kuchmq: <m |-[yv\~ J OWIW.iIII 8BU: (084) *****8 MAMLA: (B3R) §*****1 PCNAHQ: (04)*****6 BANQKOK: (862) *****67 SURABAYA: (>1)*****0 PKHAMQ; (03) *****77 JICE (21) *****07 HON: (81)*****3 BAUXJMO: (22)*****86 20TH ANNIVERSARY OFFER:SIN/LAEMCHABANG LALAZAR' V 919 ETA SIN 27/7/96 0/FRT US$35/m.829 words
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Advertisement381 1996-07-19 42 fog) WENDER CONTAINER LINES ATTRACTIVE FCL/LCL RATES TO: Indian Sub-Continent Ports: MADRAS/BOMBAY/ CALCUTTA COLOMBO CHTITAGONG/ NHAVASHEVA/ PORT KELANG PENANG MADRAS WWSHPG FWDG (P) LTD TEL:9I-44-534 0450 FAX :9144-534 0200 BOMBAY WWAGENCIES PVT LTD TEL: 91-22-207 5832 FAX 91-22-207 5831 PKIANG SUASA MASYHUR SDN BHD TEL 02-03-368 9199 FAX 02-03-367 7084381 words
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Advertisement107 1996-07-19 43 W S'pore P.fcetang Loading I PETR TOMASEVKX In Pt 22J07 RdnrVAtwAJK/Nai I CANALP 16/07 RdnVAtwAJK I OZGURAKSOY 06AM 12AM RdnVAtw/UK/Nai I Loads EAV. Malays Indoneaia I Loading tor ■OZGEAKSOY Dubai/A I ■MARIMAR Dubal/A. Dhatai/BatafrvTCamiaVKuwat I ■PAN FORTUNE Oubai/A Dhatt/DwnmafVJeddah/Apaba I ■TERtsiCHOftE HodaidafVJaddatVAqaba/Pl Sad I U Toads Sngapors, UWL Mniayia. Indoneaia107 words
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Advertisement54 1996-07-19 43 CALL US NOW!! ATTRACTIVE RATES FOR REGULAR FCL/FCL SAILINGS JAKARTA SHANGHAI HONGKONG HOCHIMINH SURABAYA COLOMBO BANGKOK CALCUTTA LAEMCHABANG MADRAS P.KELANG BOMBAY PEN AN G TEL 29S 8400 /WI 6 UNK EXPRESS m LTD W: Ml 70IS Fax: SJI 7012 UNK LCL CONSOUDATION SERVICE YANGON Accepting Door Defcvery/ Project Handling/ LCL54 words
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Page 44 Miscellaneous
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Miscellaneous130 1996-07-19 44 LEGEND R Thunderstorm Temperature •<. /N Weother W*hJ direction with speed m knots V Shower o o Wove height Cloudy Sky Surtoce winds ore indicated by o»o»i which Ky with the wind Q One full circle represents colm or light and vonoble winds 1 One holt Heche represent* 5 knot*130 words
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