The Business Times, 23 July 1996
1996-07-23
1
46
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The Business Times
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Title Section13 1996-07-23 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, JULY 23,1996 85c!13 words
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586 1996-07-23 1 Conrad Raj - Meanwhile, GAD probe widens to cover leading share trader By( Conrad Raj [SINGAPORE] The Amcol Holdings saga has moved towards a climax with its two biggest shareholders being asked by the caretaker board to put in new money, while investigations by586 words
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Article37 1996-07-23 1 y arc* (-28.78) D 53TU □ssu QjUßiHin r< pWMiBlfllBIBS KLSBCOIIP 5lll5_3lS HAM! SEW SET MOBX MMJ* -lUf JAKARTA C0MP_J?I71 4JI MAIiUOOKP —U17.4S IMS ftfni WPI AIMJ8 41JI snxjLosNP nui -i* CUAGHKAI mw +lt» ACSTTAI2.0U 4137 words
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Article59 1996-07-23 1 DOUHBIATB US 89 £>» iwZZitii WT —W> uu i» uw 1». C •\M U7I im mi* 0.184 Mirr um mm Muim uo mi HDBBARB SWQAfOM* JL44 KUALA LUMPUR 8.11 MKAITA 18J9 BAMKOK 11.76 MANILA 14J| MN8KONG 8.71 n— bm KVWffiY H7S TOKYO LSI twit UN amor* in nuKPurr** u59 words
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Article, Illustration519 1996-07-23 1 R Sivanithy - Local factors add fuel to recent jitters about Wall Street By R Sivanithy [SINGAPORE] Regional stock markets fell like ninepins yesterday, with local factors adding to recent worries about Wall Street's turmoil. Singapore and Malaysian stocks fell by 1.3 per cent, with sentiment worsened bySource: Bloomberg - 519 words
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501 1996-07-23 1 Anna Teo - By, Anna Teo [SINGAPORE] Economists yesterday pared down their GDP (gross domestic product) growth forecasts for the second quarter and the full year following the first dip in domestic exports in at least three and a half years. A month ago, the economy was501 words
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320 1996-07-23 1 Paul Leo - By] Paul Leo [SINGAPORE] A Morgan Stanley report suggesting that a little more be put into cash played a significant role in the recent weakness of regional stocks, dealers said. The rationale of the report is the likelihood of US320 words
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Article76 1996-07-23 1 Reuter Bloomberg Business News [NEW YORK] Buy programmes, bottom-fishing for attractively priced shares and support from bonds lifted the Dow industrials off their lows in erratic trading yesterday afternoon. At 1 pm EDT, the Dow Jones Industrial Average was off 31.81 points at 5,396j01. Big BoardReuter; Bloomberg Business News - 76 words
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Page 1 Advertisements
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Advertisement98 1996-07-23 1 mimu ■■K H pw!Ld executive chairman has been reinstated pending a Aill court hearing, Pfl» iWwßfmw tip illnpiwuj »nilw< ih|n. tewk (0 fßUßßrate nek*movements. Hi Unfortunately too expensive an exercise for retail investors in commission to get out, anotherl% to get in again. »iliilili«ii*My;gtlf price continues to fell, a good98 words
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Advertisement116 1996-07-23 1 Analysts MM over outlook for S'pore electronics sector, Pg 2 Ithyo stocks plunge on rate hike fears, Pg 12 BF m/F a ir**^jj( The Mauboussin extra flat mechanical watch 18 K white gold set with 92 diamonds (1,10 cts) (available also in yellow gold) #> MAUBOUSSIN since 1827 Exclusively available116 words
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Advertisement7 1996-07-23 1 Amool dropped/rom two banks'financing list, Pg 197 words
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SINGAPORE AT HOME & ABROAD
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483 1996-07-23 2 Kenneth James - But some believe an nptnrn by year-end Is likely after a tough third quarter By\ Kenneth James ANALYSTS, still struggling to digest June's unpalatable trade figures released over the weekend, are divided over the extent of the slowdown in the electronics sector. Some483 words
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179 1996-07-23 2 ELECTRONICS stocks yesterday tumbled after the release of the latest set of trade figures, with the SES Electronics Index losing 1.33 points or 1.6 per cent to 80.86. Since its introduction at the start of the month, the index has headed south almost every day.179 words
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357 1996-07-23 2 Conrad Raj - But German and UK authorities dismiss accounts that he stashed away £23m By i Conrad Raj THE liquidators of Barings Futures (Singapore) may go to England and Germany to check on reports that its former general manager, Nick Leeson, may have stashed away some357 words
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Article129 1996-07-23 2 JAPANESE Foreign Minister Yukihiko Ikeda's two-day visit to Singapore this week will further strengthen bilateral relations and promote greater cooperation, the Singapore Ministry of Foreign Affairs said yesterday. It is the first official visit to Singapore by a Japanese foreign minister since Sosuke Uno's visit eight129 words
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Article, Illustration417 1996-07-23 2 Christopher Tan - Other schemes also being studied to give more people access to cars By< Christopher Tan THE government is studying the possibilities of forming car cooperatives, proactive carpooling and other schemes to increase the access of the private car to more people. InTAN SUAN ANN - 417 words
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Article, Illustration344 1996-07-23 2 Teh Hooi Ling - EYE ON THE ECONOMY Prices By' Teh Hooi Ling WHOLESALE prices remained flat last month, latest figures from the Department of Statistics show. The Manufactured Products Price Index for June was 81.1 points, the same as a year ago. Compared with May, it wasSource: Dept of Statistics - 344 words
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297 1996-07-23 4 The Straits Times [SHANGHAI] Singapore-Chi-na ties entered a new dimension yesterday with the signing of a cooperation agreement to jointly develop an integrated public housing community in Shanghai. When completed in 10 years, the Sanlin Township in Pudong New District south ofThe Straits Times - 297 words
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Article, Illustration316 1996-07-23 4 Teh Hooi Ling - Divorce, ageing and birth rates show up future challenges, says Cheow Tong By< Teh Hooi Ling A RISING divorce rate, falling birth rate, and fast ageing population are some of the worrying social trends developing in Singapore, according to statistics covering the last 30 years. These316 words
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Article, Illustration380 1996-07-23 4 Diana Oon - By: Diana Oon MARCO Polo Developments Ltd (MPDL) is likely to sell the second phase of its Ardmore Park development by tender, said MPDL managing director David Lawrence yesterday. Speaking to reporters at a loan signing ceremony for former parent Wharf Holdings' WhiteJEN CHUA - 380 words
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NEWS Roundup
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38 1996-07-23 4 SOUTH African deputy defence minister Ronald Kasrils called on acting Defence Minister Teo Chee Hean yesterday. Mr Kasrils is in Singapore on a three-day official visit at the invitation of Rear-Admiral Teo.38 words
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Article38 1996-07-23 4 THE Automobile Association of Singapore has launched a web site providing such information as data on car manufacturers, makes and models; road maps; motoring publications; and information on AA affiliates around the world.38 words
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Article92 1996-07-23 4 SINGAPORE'S former High Commissioner to India, Lam Pek Heng, has been appointed High Commissioner to New Zealand. Mr Lam, 58 joined the diplomatic service in 1968. Before that he held senior posts in the civil service and the private sector. He served with92 words
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135 1996-07-23 4 THE executive director of the Singapore Institute of Management (SIM), You Poh Seng, is retiring on Aug 1 after 17 years in the post. Prof You has been involved in SlM's activities since the early '70s when he was an adviser to the135 words
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Page 2 Advertisements
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Advertisement200 1996-07-23 2 s*l KIA ORA NEW ZEALAND Tourism Product Mart Investment Exhibition PB 24-26 July 1996 (Trade) 27 Joly 1996 (Public) PI Time: 10.00 am 4.oopra 19 Venue: Paa Pacifc Haiti Ballroom W& OryanlMd by: Sew Zealand High Commission A New Zealand Tourism Board CM In addition to its award-winning, household-name Dont200 words
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Advertisement40 1996-07-23 2 Singapore's one and only duck restaurant at Hotel Negara An unforgettable dining experience of exciting duck dishes set against rustic beauty. '■Mk Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 (Hotel Negara is located behind Orchard Towers) mx*swoaut«k»i*awt40 words
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Page 3 Advertisements
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Advertisement61 1996-07-23 3 iMfe--. Si 4& 3b Vvv9 >-OSV. BPB* m F 1 f J ■P*^' B a»l£&hu*uKß^^^^^^B I'il ift'r;*] r I r y^jS^T?gMßß^ A. RHHHHHI Situated in Singapore's prestigious Central Business District, the impressive SLA Building is poised to become a focal point of the city beyond the year 2000. For reservations,61 words
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Page 4 Advertisements
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Advertisement336 1996-07-23 4 FREEHOLD RESIDENTIAL SITE AT DUNMAN ROAD, KATONG SIMS AVENUE QEYLANQ ROAD CHANQI ROAD SUBJECT laV [property .-:r<^l^SSgSfc DUNMAN ROAD l is KATOiWI-r bbA IS V&X shopping MOUNTBATTEN ROAD n g Land Area: 36,731 sq ft Close to good schools Plot Ratio: 2.8 Freehold Easy access to ECP, PIE, Height -upto336 words
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Advertisement232 1996-07-23 4 Prime Freehold Residential Development Site in Orchard Area Location 26, Paterson Road, TJ Legal Description Lot 1288, TS24 f K+Sk Land Area 2,359 sq m /vS\ (Approx. 25,392 sq ft) /|/\y/ Tenure Freehold jjjj Remarks Walking Dist to C/^V Orchard MRT Station. V Ideal for Serviced Apartments. f orem* Tender232 words
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Page 5 Advertisements
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Advertisement306 1996-07-23 5 ADD MORE DRIVE TO YOUR LIFE Actually, if you're even thinking of enthuse about. Firmly braced on a double-wishbone suspension with a buying an Odyssey, you already have long wheelbase, and powered by a sweet 2.2-litre engine churning out considerable drive. That's because 145 ps the Odyssey manoeuvres prospective Odyssey306 words
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FOCUS: PROPERTY
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Article, Illustration636 1996-07-23 6 Lee Han Shih - THE PROPERTY COLUMN Why private developers would want a piece of the exec condo pie By Lee Han Shih GIVEN the way things are going, developers who want to play a significant role in the property market will have no choice but to go into executive636 words
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397 1996-07-23 6 Capital values for prime property rose 3.4 per cent in 2nd quarter against 2.8 per cent for equities, says report Reuter [LONDON] THE capital gain from investment in real estate in Britain has outperformed the equities market, property consultant Healey Baker said in a report releasedReuter - 397 words
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Article201 1996-07-23 6 Abdul Hadhi - By. Abdul Hadhi [SINGAPORE] The owners of Dunman Court a freehold walk-up residential development in Katong, have banded together for an en bloc sale of their property. In a statement yesterday, marketing agent Colliers Jardine said the two four-storey blocks will be put201 words
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Page 6 Advertisements
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Advertisement106 1996-07-23 6 2 1 F floors of office space, two floors of shops restaurants minutes from the Orchard MRT station, always outside the Restricted Zone. 25 SCOTTS ROAD Prime location. Shops restaurants available from Prestigious address. 270 sq.ft. onwards. Office units available from 1,600 sq.ft. Attractive rental packages onwards. Ample parking facilities.106 words
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Advertisement150 1996-07-23 6 PRIME BUNGALOW SITE AT VICTORIA PARK ROAD 1a I sura I 3 MARKET I I Ml PW SCHOOL I lit SITE ~1l cam S %£&jl 1:1 HOLLAND I D COLDSTOKAGE 1 H Good Class Bungalow Area 999 years leasehold Land Area: 27,414 sq ft Elevated flat ground Full privacy and150 words
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Page 7 Advertisements
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Advertisement182 1996-07-23 7 >v \**l. "\/i{-^ pL», K I K&. Ml^ 1 Ml i—iP^^M j&fi "'i': J '.--Mi' > V" *£^^B' -> Wk w%l^K' j~** m, mtM>e < w^h' 1.1 "C, y, v "t~*. tc '*.:*>' V-. MSHrI *J^,>:^^H| I^,!t^>« x .y' I -v-'■■■■■'> :>:; v-i- i<" v '-■>,'?- r .^^i'%c^^'.^- *> *...«^>'••v.-^^g^^^^^^^^B^B3BßEßHtoMH^^!^'''-&j|^»^!^^yßHMfe182 words
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SOUTH-EAST ASIA
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Article, Illustration585 1996-07-23 8 Yang Razali Kassim - ASSAM WATCH Inclusion of India, Myanmar In ART to part of bigger strategy to secure safe passage through critical sea lanes By\ Yang Razali Kassim WHEN the third Asean Regional Forum (ARF) convenes here today, two new participants—lndia and Myanmar—will take their place alongsideAFP - 585 words
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128 1996-07-23 8 MANILA Reuter PHILIPPINE President Fidel Ramos yesterday said he has ordered an in-depth study into creating a national provident fund that could consolidate state-owned and private sector pension funds. In a state of the nation address, he said creating a national provident fUnd isReuter - 128 words
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204 1996-07-23 8 ■KUALA LUMPUR AFP MALAYSIAN Premier Mahathir Mohamad yesterday cleared a key minister of any wrongdoing in approving the allocation of several million shares in two listed firms to her own son-in-law. Dr Mahathir told parliament that a move in April 1993 by theAFP - 204 words
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264 1996-07-23 8 Ven Sreenivasan - SINGAPORE By Ven Sreenivasan THE Malaysian economy is slowing down after three years of strong growth, according to Jardine Fleming International Securities. Gross domestic product growth, which was 9.5 per cent last year, is expected to ease to 8.5 per cent this year and264 words
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NOTE Book
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58 1996-07-23 8 Bernama [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad said yesterday he is not fielding any proxy in the contest for posts in the Umno elections this October. Dr Mahathir, who is Umno president, said he would not Interfere in the elections because all candidatesBernama - 58 words
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78 1996-07-23 8 Bernama [KUALA LUMPUR] PAS president Fadzil Noor said the four Parti Melayu Semangat 46 (PMS46) Exco members in Kelantan have not been removed from the Exco although they have been stripped of their portfolios. "Mentri Besar Datuk Ha)i Nik Abdul Aziz Nik Mat hasBernama - 78 words
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Article83 1996-07-23 8 Reuter [KUALA LUMPUR] Menara Kuala Lumpur, which Malaysia says is Asia's tallest and the world's third tallest tower, will open its doors to tourists today. The 421-metre tower, at Bukit Nanas in the city centre and built as a telecommunication centre, was also the city's newest touristReuter - 83 words
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Page 8 Advertisements
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Advertisement20 1996-07-23 8 Editorial: Talking out of turn in Jakarta, Pg 14 mmmmmm m II The world is now open for business. BT^20 words
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Page 9 Advertisements
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Advertisement298 1996-07-23 9 *mSf A H m VK *B sfI? ilj|V^■M|||^V&SLM■■■ 81, m B Bl I^B^H^^fr BB MS wSfj^M2 fIH myM B BTm HI 818 K MP BB El l-^v^" r LTA B BttH Wc Bk "*i Es r WEE^ BB 17BK^I^mE^-/ JB■s^a^l^bßß*^BfiSKn^F^flißUPiwßßisbfl^B|p i fifSc Bjß^y E; bbb B3S E| BB H K298 words
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CHINA-HONGKONG-TAIWAN
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119 1996-07-23 10 TAIPEI Reuter TAIWAN'S central bank is considering lowering commercial banks' reserve requirements in August to boost the economy, the Economic Daily News reported yesterday. The paper, quoting unnamed central bank officials, said the bank had completed a draft plan to lower the reserve requirementsReuter - 119 words
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155 1996-07-23 10 BEIJING Reuter LABOUR-INTENSIVE projects registered in China's 52 state-level technology development zones should not benefit from preferential policies intended to nurture hi-tech industries, the China Daily said yesterday. Incentive policies currently apply to all enterprises registered in the zones no matter whatReuter - 155 words
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Article, Illustration395 1996-07-23 10 BEIJING China may have no drinking water within 30 years, warns minister Reuter CHINA said its 1.2 bUlion people may have no clean water to drink within 30 years without action to tackle poUution, ease shortages and transport water from the flood-prone south to the parchedReuter; AFP - 395 words
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234 1996-07-23 10 HONGKONG Asylum for China dissidents in HK also nnder study AFP CANADIAN Foreign Affairs Minister Lloyd Axworthy said yesterday that Canada has in principle agreed to grant visafree access to holders of post--1997 Hongkong Special Administrative Region (SAR) passports.AFP - 234 words
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SINO Briefs
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79 1996-07-23 10 AFP [BEIJING] China's ailing textiles industry should abandon its urban factories and slash 10 million cotton spindles from production lines as part of efforts to bring it out of the red, a senior official was quoted yesterday as saying. Wu Wenying, president of theAFP - 79 words
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55 1996-07-23 10 AFP [BEIJING] Advertising agencies in China could be held responsible for promoting "traditional virtues" with a new rule expected to take effect in September, the China Daily said yesterday. The new rule will require advertisers to launch "at least one advertisement" promoting "traditionalAFP - 55 words
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64 1996-07-23 10 AFP [BEIJING] Police in the coal-mining city of Taiyuan have ordered the closure 0f3,000 karaoke bars crowded into its lively downtown district, Xinhua reported yesterday. In a major clean-up campaign aimed at wiping out pornographic and other illegal services, downtown karaoke houses haveAFP - 64 words
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205 1996-07-23 10 BEIJING Graft probe unco vers how he illegally obtained the state apartments, villas AFP INVESTIGATORS probing Beijing's worst-ever graft scandal have concluded that vice-mayor Wang Baosen illegally obtained 116 state apartments and villas for use by his family and friends. TheAFP - 205 words
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Page 10 Advertisements
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Advertisement149 1996-07-23 10 FOLLOWING THE PHENOMENAL SUCCESS OF THE PHOENIX Wt, REGAIJAN PROPERTIES ARE PROID TO PRESENT BALVAIRD PLACE SWI Luxury features include: I 1,2,3,4&5 BEDROOM HOUSES State-of-the-art air conditioning I ALL WITH AIR CONDITIONING emote controlled garages I Exclusive private estate On land formerly owned by the Crown hrtate, Su|>crb kitche|)s wi|h149 words
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Advertisement117 1996-07-23 10 RMI6O NETT A NIGHT! JUST HOW DO THEY DO IT? (Mr. FumnO'Keeffe, Accountant) This be one the ever newly Deluxe rooms come for a mere mysteries? Oh well, any relax a cool drink by the palm-fringed pool." double occupancy. ABF. RMI9O I Price applicable from May October 1996 only wWm117 words
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Page 11 Advertisements
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Advertisement73 1996-07-23 11 S 1 f .A* should I compromise TOI jsi V. V I <;>„* tv.3 v I fr 'v V s* v^' -*%fl~* jjf/ -t/Cx I' jfti j:- v% >'$ r *t--* Isi \'^y^ H VC 5? tL J; £~J w A V""" y < «Hp»v. '>■&&.* *<•* v < x73 words
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ASIA
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Article, Illustration507 1996-07-23 12 NEWDELHI A new credit vehicle will help improve the country's •very poor' infrastructure AFP JEN CHUA FINANCE Minister Palanaippan Chidambaram unveiled a budget in parliament here yesterday that sought to reconcile the conflicting demands of free-traders and communists in India's new government.AFP; JEN CHUA - 507 words
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432 1996-07-23 12 Anthony Rowley - TOKYO Nikkei Average falls 2.2%, while yen strengthen* farther against greenback By. Anthony Rowley TOKYO stock prices plunged yesterday amid rumours that the Bank of Japan might raise its official discount rate by half a percentage point to one per cent as432 words
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Article, Illustration55 1996-07-23 12 [ISLAMABAD] Two porters waiting for buyers as they stood with empty baskets next to a barbed-wire fence around a deserted market here on Sunday. Pakistani police have beqfed up security measures at the market following a bomb hoax last month. But these steps have failed to allayAFP - 55 words
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220 1996-07-23 12 JAKARTA AFP THE Australian embassy here has denied reports from Australia that Canberra has been blacklisted by an Indonesian government agency because of the cancellation of an aid scheme. "We have no evidence that BPPT (the Agency for the Assessment and Application ofAFP - 220 words
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320 1996-07-23 12 SEOUL AFP Bloomberg Business News FOREIGN investment in South Korea rose 32.9 per cent year-on-year to US$l.27 billion (511.79 billion) in the first half of 1996, the Finance and Economy Ministry said here yesterday. The first half foreign Investment InAFP; Bloomberg Business News - 320 words
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ASIA Notes
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65 1996-07-23 12 Reuter [CANBKRRA] Australian Prim# Minister John Howard yeeterdsy won national egreement to tough new gime tews, efter throe governments dropped their objections. Weetoro Australia, Queensland and the Northern Territory to oooept the raftrme, provincial officiate eaM. The three governments had tried to force CanberraReuter - 65 words
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Article65 1996-07-23 12 Reuter [SEOUL] Pakistani Prims Minister Benazir Bhutto yeeterday asked South Koree to expand In veetinent in hsr country, particularly In the energy, textile, tourism end paper Inrtnstrlss Ismil nfflrlsls sslfl ?ns meeting w I 111 South Koreen Presldsnt Kim Young Bam* Me Bhutto said her governmentReuter - 65 words
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62 1996-07-23 12 Reuter [CANBERRA] Australia's populetlon was axpeelidtortee to more than II million In 1061, the Auetrallaß Bureau of Statletlcs said yesterdsy. "Australia's rata of population 4 growth ie protected to decline from currant rateecf between one psr cent and 1J per coot annually to betweenReuter - 62 words
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55 1996-07-23 12 Reuter [WELLINGTON] The New Zealand fovwnmant has M indefinitely postponed the Mlt of the bulk of Qovernaunt Property Services Ltd's property portfolio. A imlrttrmmin fhr mate fhrrnort enterprises MtnUKi Philip Burdon said yesterday the government decided tin time «m not right to sellReuter - 55 words
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Article60 1996-07-23 12 Bernama-PTI [BHOPAL] gome too engineers of the watar reeouree department la tndla'e Madhya Pradeeh atate would be auapended within three days tor allegedly defrauding 110 J —nirm fill tl mfllkm) Ittata Tttyuty fTikflftiiiiai Subhaah Yadav aaid that 10 executive angtneera, 70 aaaiatant engineera and 100Bernama-PTI - 60 words
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228 1996-07-23 12 mSEOUL Opposition accnaos govt of trying to covor op it* put in acutal AFP SOUTH Korean opposition legislators accused the government of President Kim Young Sam yesterday of promising an amnesty for jailed expresident Roh Tae Woo in return for silence overAFP - 228 words
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223 1996-07-23 12 NEW DELHI AFP THE cabinet of Indian Prime Minister H D Deve Gowda is expected to give its approval soon to the purchase of 30 Su-khol-30 fighter planes from Russia, a newspaper reported yesterday. Defence sources told the Business Standard that the DefenceAFP - 223 words
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93 1996-07-23 12 ■TOKYO Ber-nama-Kyodo WITH the proportion of elderly people In Japaneee society Increasing rapidly, the question of sharing social security costs Is becoming a major Issue for the government. The Liberal Democratic Party, at the request of Prime Minister Ryutaro Hashimoto, has put togetherBernama-Kyodo - 93 words
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Page 12 Advertisements
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Advertisement52 1996-07-23 12 I ■—IMI 11.3" DSTN screen. 1.2" thin. Want to know more about the new ThinkPad* 560? Call IliM Direct on 1800-320 1234. Solutions for a small planet' GM and TtuntiPad are regrtered trademark and Solutions tor a sma* planet a trademark of International Business Macfimes Corporation <§1996 8M Corp Al52 words
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Advertisement156 1996-07-23 12 V EXPRESSIONS I OF INTEREST I Singapore I Kuala Lumpur I Pizza Pizza, Canada's, The Caribbean's, I Central America's and soon Thailand's I favourite Italian pizza, pasta and fried chicken chain I is expanding to Malaysia A Singapore I Senior Pizza Pizza International personnel I will be in Koala Lumpur156 words
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Advertisement100 1996-07-23 12 </> WITH A DIFFERENCE W» octuolfy measured our rooms 0 ond discovered that ours art 0 probably on* of th« most spocious yau'l gat at 55/J5 natt! lo make it an avan baftar offar, w« compliment it with: Ameraon Breakfast Welcome Drink CP Coffee/Tec making facilities Hours in-house video Personal100 words
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THE WORLD
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441 1996-07-23 13 BONN Tietmeyer's comments that money supply is on the right path sustains hopes of rate cut this week Bloomberg Business News THE German economy rebounded in the second quarter, as a cheaper Deutschemark stimulated exports and warmer weather spurred construction activity,Bloomberg Business News - 441 words
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409 1996-07-23 13 LONDON Move expected to hurt Major's efforts to unite party Reuter BRITAIN'S Conservative Party braced itself for another bout of bitter infighting over Europe yesterday after a Treasury minister resigned from the cabinet. David Heathcoat-Amory, aged 47, resigned so that he can campaignReuter - 409 words
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WORLD Watch
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Article83 1996-07-23 13 Reuter [LONDON] Britain yesterday unveiled its proposals for reform of the European Court of Justice, saying the court had to be prevented from imposing excessive costs on government and businesses, and from making new laws. The proposals, published in a memorandum for discussion atReuter - 83 words
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65 1996-07-23 13 Reuter {BONN] Halfway down the road to Germany's next general election, veteran Chancellor Helmut Kohl is still running far ahead of the competition. Despite high unemployment, slow economic growth, unpopular budget cuts ahd tough preparations for the single currency, Mr Kohl is facing theReuter - 65 words
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84 1996-07-23 13 Reuter {TEL AVIV] The head of Israel's Government Corporations Authority which is in charge of privatisation, Tamar Ben-David, handed in her resignation, the Treasury said. Sources close to Ms Ben-David said her resignation was tied to the fact that Prime Minister Benjamin Netanyahu had decided toReuter - 84 words
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157 1996-07-23 13 MOSCOW AFP RUSSIAN President Boris Yeltsin is under medical supervision in a rest home in the west of Moscow, following a gruelling re-election campaign, his spokesman Sergei Medvedev said on Sunday. Mr Yeltsin, 65, "is now in a rest home and doctors are undertakingAFP - 157 words
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Article, Illustration458 1996-07-23 13 NEW YORK AFP NEW YORK'S John F Kennedy airport has failed to run security checks on personnel hired this year, a former customs official told a local television station on Sunday. "There are no criminal record checks performed," Tom Capowski told NYI.AFP; REUTER - 458 words
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233 1996-07-23 13 TOKYO Reuter JAPAN and the United States' top chip makers have agreed on a format for flash memory microchips, joining hands in the race to develop the market for the next generation of electronic devices. Intel Corp and Advanced Micro Devices Inc ofReuter - 233 words
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Article150 1996-07-23 13 DENVER Reuter PRESIDENT Bill Clinton planned yesterday to announce ways to "track down and crack down" on parents behind on their child-support payments by using the Internet, White House aides said. Mr Clinton was to announce the measure as part of a three-day campaign trip to ColoradoReuter - 150 words
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Page 13 Advertisements
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Advertisement309 1996-07-23 13 -"f„' i 'j !SS BHB Founded 1905 The National University of Singapore Pennsylvania State University Faculty of Business Administration The Smeal College of Business Administration Course Fee: U554,200 for overseas participants 556,293.30 (inclusive of GST for Singapore participants) The Penn State-NUS Logistics Management Program is an intensive two-week program designed309 words
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EDITORIAL & OPINION
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Article, Illustration783 1996-07-23 14 Ong Wee Hock - THE BOTTOM LUTE OPINION By Ong Wee Hock The writer was with the Economic Development Board for more than 15 years and was formerly general manager afCSA Holdings SWITZERLAND is similar to Singapore in some ways. It is small relative to its neighbours, has783 words
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Article137 1996-07-23 14 'If present trends continue, economic disparities between industrial and developing nations will move from inequitable to inhuman.' -Jill oHwB^fc UNDP administrator after releasing the Human Development Report 1996, published by the United Nations Development Program (UNDP), which shows that the world's 358 billionaires have more assets than137 words
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Article620 1996-07-23 14 EDITORIAL NO one questions the right of the European Union (EU) to take any action it chooses in respect of Myanmar, or any other issue. By the same token, Asean leaders were perfectly justified in telling the EU that it could persist in interfering620 words
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Article, Illustration1085 1996-07-23 14 Multinationals are increasingly held to account for what they do in developing countries The Economist IT IS Myanmar that happens to be in the news right now. Protesters have recently demonstrated at Unocal petrol stations across America to complain about the oil firm's involvement (with France'sThe Economist - 1,085 words
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Article796 1996-07-23 14 WHAT have the last three years (in politics) meant? What emerged was a vicious circle of half-baked institutional reform and growing public mistrust in politics. Political reform targeted influence-peddling and backscratching between politicians and bureaucrats the harmful effects of one-party rule by the Liberal Democrats. To796 words
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Page 14 Miscellaneous
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Miscellaneous47 1996-07-23 14 POOIIESBDRT By Gary Trudeau rmsem** M think about us xxjcouvphbctrzUnZ,6UYS. AG A CONSULTANT. WB SORTACTMTIBSRHUS- 1V&0J #*>IV ißermxeer phucant orbanob tub Queers mo <££!& coorphatb OACKTOTHB M*ST» TtSB AS A SCASONBP SQUAP9, LEAP THE NGHT AIR. STRIKES. HOWL TO I CORVAT PATROLS, PLAN THE SEARCH- TTVBEUKE aPT] a47 words
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EXECUTIVE LIFESTYLE
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Article, Illustration657 1996-07-23 15 BEN MUNROE - President's pick —oils for all The five-day charity exhibition features a broad sweep of Asian art, from the photo realist to the abstract, writes ben mumroe BEN MUNROE AN ornate boat drifts listlessly through a dream-like, azure seascape. Its sail is an enormous, winking cat which stares lazily through a657 words
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Article, Illustration702 1996-07-23 15 GOLF He a voided major errors to win the title by two shots Reuter [LYTHAM ST ANNES, England] Tom Lehman, a bornagain Christian, possibly delivered a lesson to Nick Faldo about the power of prayer and won the British Open on Sunday. TheReuter; REUTER - 702 words
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342 1996-07-23 15 PEOPLE Qneen concerned French holiday spot is not secure enough for Prince William Reuter [SEILLANS, France] Photographers besieging the villa where Princess Diana is on holiday with her sons have broken into the estate and buzzed it in helicopters, prompting reports the QueenReuter - 342 words
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Article69 1996-07-23 15 m PEOPLE AFP [LONDON] The magic has gone from the two-year romance between supermodel Claudia SchifTer and fiance David Copperfield, according to a senior Chanel source quoted in Monday's edition of British tabloid magazine Here! "The world can stop listening out for wedding bells," the sourceAFP - 69 words
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Page 15 Advertisements
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Advertisement64 1996-07-23 15 BAYLEYS AUGUST-/ AUCTION' 96 £2^ Bayleys Real Estate Limited presents: Over 45 commercial, industrial, retail residential investment opportunities in our August Auction Portfolio: High yielding properties in both North South Island. To receive a copy of our auction booklet call or fax: ft (02)324 5220 (02)*****330 Fax: (02)*****35 Martin Vockler64 words
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Advertisement283 1996-07-23 15 •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 M THE MATTER OF THE COMPANKS ACT. CAP. SO NOflO SHIPPING PTE LTD (Members Voluntary Liquidation) At an Ex*aordr»ary General Meeting of tie Company deemed to be held on 19 July 1906 the following resolutions were duty passed as SPECIAL RESOLUTION That the Company283 words
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Advertisement119 1996-07-23 15 NOTICE NOTICE IS HEREBY GIVEN that, I AKM GHULAM KABIR of Blk 506 A Serangoon North Ave 4 #10-452 Singapore *****6, have applied for a Beer House First Class Licence in respect of M/s Fazal Dynasty Restaurant located at 2 Dalhousie Lane Singapore *****1, and that this application will be119 words
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Page 15 Miscellaneous
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Miscellaneous208 1996-07-23 15 THE WEATHER Singapore: Fair and slightly hazy. Temperature (33-26) Aafat-FMtito Hl/Lo* Cood. Europe HVLo* Oood. America Hi/Lo* Good. Auckland 12/09 Ram Amsterdam 21/12 Showm Atlanta 2722 Tslorm Bangkok 31/22 T*onn Athcm 35/21 (Vudy Bui* *t Ares 14/01 Cloudv Bepg 32/21 Showers Berlin 2112 Showers Onracu 2619 (lowly Bombay 29/23 Ram208 words
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OLYMPICS 1996
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Article, Illustration850 1996-07-23 16 Japanese stun by beating Brazilian nocccr tram World Cop stars AFP [ATLANTA] Swimmer Penny Heyns set a world record on Sunday morning and made history in the evening for South Africa, winning their first Olympic gold medal for over four decades. The United States wonAFP; REUTER - 850 words
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Article815 1996-07-23 16 shoe firms fight for supremacy with athletes as their foot soldiers NYT [ATLANTA] As the Atlanta Games begin this week, almost any athlete of note will be going for the gold while hawking for a shoe company. Gwen "Nike" Torrence versus Merlene "Puma" Ottey. DonovanNYT - 815 words
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Article429 1996-07-23 16 CLOSE finishes in Monday morning's (Atlanta time) swimming heats should make for interesting final* as the favourites going into the competition all had to contend with strong challengers. In the men's 100 m freestyle, work! record holder and defending Olympic champion, Alex Popov of Russia was pushed to429 words
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Article, Illustration43 1996-07-23 16 (MIAMI, Florida] Brazilian goalie Dida landing on top of his team's defenceman Aldair on Sunday after missing the game-winning shot from Japanese midfielder Teruyoshi Ito in the second half of the Olympic soccer match in Miami. Japan upset Brazil 1-0. AFPAFP - 43 words
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Page 16 Advertisements
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Advertisement129 1996-07-23 16 Japanese Food Dessert Promotion 1 31 July At our Japanese food fit Dessert Promotion, you can help yourself to the wide range of dishes. Enjoy Cha Soba, Tempura, Cha wan Mushi, Sushi and many more plus a wide range of desserts. Adult: $20.00 Child: $13.00 Daily buffet lunch except weekends129 words
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Page 17 Advertisements
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Advertisement243 1996-07-23 17 Where to wine, dine and entertain L,.— -M a HIHMHEmZT I. ":I9HH Original Long Beach at Bedokßest House Uptg Beach, with more than 50 years of history, is me first to serve the famous Black Pepper Crabs, \Live Drunken Prawns with Herbs Soup, You Tiao .wHh Cuttlefish Paste and Salad243 words
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Advertisement198 1996-07-23 17 IMIMIIWfIWMI Here's your chance to CABE PETAI (Prawns lies and Bitter Beans), ikan bumbu MANGUT (Panfned Fish with Blue Ginger) of delicious from JAVA TIMOR buffet lunch 12noon 2.30pm Aduit Hi I zJSFm Child $12 IHIIM BUFFET PINNER 6.30pm Adult Child For reservations call 2081 M mm At the Huhertus198 words
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Advertisement197 1996-07-23 17 m 4U3B> p M Set Lunch |p Dinner Flavours at Meisan mB v mS S$ 18.90+++ per person mrl Ss2B.9o+++per adult; jsn $14.90+++ per child Make your reservations today! Call 731-7996. ggj SPe A minimum of 2 diners is required for set menu orders. Hi 5| MEISAN m la/lfl SICHUAN197 words
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Advertisement165 1996-07-23 17 1 •t. -S» y Singapore Business Giving you the J winning edge Where can we bring for dinner? Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity I to dine under the stars and enjoy the cool sea breeze at the same time! SIR6R m seafood165 words
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Advertisement59 1996-07-23 17 i%? Chinese Art of yfy&] Healthy Eating" giriiff 0% j^Z A wide array of delicious herbal specialities prepared with the best selected herbs to enrich the body. For reservation, pleaje call *****37. 317 Outram Road Singapore *****5 TW *****88 HI $1.60*: Phoenix Coffee House 60c*: The Pastry Shop HOTEL PHOENIX59 words
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Page 17 Miscellaneous
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Miscellaneous456 1996-07-23 17 TV&RADIO Premiere 12 12J0 PM Atlanta '96. 3.80 History Must Be Crazy. L, ve^f rom 12.40 Working Women. 4.45 Kaleidoscope. li-oo 7,00 a!oo m* 6 10J0 News 5 Tonight. Bqq MO How to Succeed in Busi ULUI Tuesday Premiere Wol- SWekta Kim 300 d i th fen (See Our Choice).456 words
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Miscellaneous122 1996-07-23 17 CRYPTIC CROSSWORD 25 2s\ Crazy 8011 f hu 6 Bloke building a monu- YESTERDAY'S SQLDnOM mour (,b; ment (7) 26 juc^(B) WOrdS fr m the 7 e^^ ltes t0 reorganise 1 Part of skin daughter con- Oldham, for example (9) WwftUßraff centrated on (5) 14 Line of children can be122 words
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CYCLE & CARRIAGE GOLF PAGE
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Article, Illustration1760 1996-07-23 18 NICKLAUS D'CRUZ - Don't let the breathtaking scenery at Sentosa Golf Club's Tanjong Course distract you from the many challenging holes there, says migkx>aus d'CRUZ NICKLAUS D'CRUZ Thewriter is editor of The Asian Golf Review This review and further information about golfing in Asia are available on1,760 words
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Page 18 Advertisements
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Advertisement371 1996-07-23 18 v 5' V f. i UtMlr*\sL A Mercedes-Benz doesn't cost the Earth. Think of Mercedes-Benz and Where it used to take 22 cubic car's bodywork from corrosion, you will immediately think of litres of water to manufacture a Multi-layer paint. Improved outstanding quality, performance Mercedes-Benz, it now takes just sealing371 words
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COMPANIES & MARKETS
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304 1996-07-23 19 Siow Li Sen - *1 Siow Li Sen fIGAPORE] United Overi Bank (UOB) and Keppel k have both removed AmHoldings from their margin financing list and are monitoring electronic stocks IPC Corp and Creative Technology xlosely, said executives from |Mh banks yesterday. The stock market was rife304 words
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229 1996-07-23 19 [SINGAPORE] The auditors of debt-laden Leong Huat Industries Ltd have added several key qualifications in the accounts of the company for the year ended Dec SI. The auditors, Kon Choon Kool Pte Ltd, noted that Leong Huat's accumulated losses exceeded Its share capital of229 words
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Article172 1996-07-23 19 [SINGAPORE] Mainboardlisted Acer Computer International (ACI) yesterday announced that Its offer of 33.11 million detachable warrants has been oversubscribed by 16.9 per cent. Applications for a total of 38.7 million warrants, or 118.9 per cent of the warrant offer, were received. Acceptances were received for 32.25 million172 words
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691 1996-07-23 19 R Sivanithy - lIOCK LOCK SIEW R Sivanithy OVER the past few months, the Malaysian market has been abuu with talk of a major restructuring and takeover Involving {Consortium Perkapalan, a shipping firm controlled by Prime Minister Mahathir Mohamad's son Mlrtan, and Diperdana691 words
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Article, Illustration372 1996-07-23 19 ft. .i J .M mM J ututea cami granted interim injunction to restrain Sootts from acting on rdohrtiM > to remove him ByVm jre—lveaa [SINGAPORE] Ousted Scotts Holdings Ltd executive chairman A R Jumabhoy has secured a court order that reinstates him —at372 words
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259 1996-07-23 19 [SINGAPORE] ST Capital reported a healthy 24.7 per cent growth in its net earnings in the six months to June despite a slower growth in its earnings assets. Net earnings of $9.35 million were achieved on the back of a 23259 words
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378 1996-07-23 19 Annette Pan - By, Annette Pan [SINGAPORE] Newly-listed semiconductor equipment manufacturer Advanced Systems Automation closed at a dismal 82.5 cents In its Sesdaq debut yesterday, 3.5 cents below Its offer price of 86 cents. The counter, which was the day's third most active with 3.289378 words
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REGIONAL COMPANIES
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Article, Illustration620 1996-07-23 20 ven Sreenivasan - Some analysts see Diperdana buyout as pointer to ITsia freight shake-up By' ven Sreenivasan [SINGAPORE] Analysts expect Kuala Lumpur-listed Konsortium Perkapalan Bhd's earnings next year to rise by as much as 35 per cent following its acquisition of a majority stake in haulage company620 words
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597 1996-07-23 20 Leading company in the printing industry plans to diversify into other areas MBT [KUALA LUMPUR] Printing company Tien Wah Press Holdings, which is to be listed soon, plans to acquire companies or form joint ventures. The company also may diversify into areas such asMBT - 597 words
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Article262 1996-07-23 20 Bernama [KUALA LUMPUR] Bakun Hy-dro-Electric Corporation Sdn Bhd, which has strong growth prospects and good earning capacity, is likely to attract investors' attraction, a Hong-kong-based analyst said. "It has a good name and a sound management team," said Lionel Choong, a partner with Kwan WongBernama - 262 words
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Article257 1996-07-23 20 Bernama [KUALA LUMPUR] Rashid Hussain Bhd's group pre-tax profit for the year ended May 29, 1996 rose by 1 per cent to M $368.088 million (*****.8 million) from M 5364.395 million previously, making it the eighth consecutive year of record profits. Its turnover was 0.4Bernama - 257 words
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Article200 1996-07-23 20 MET [KUALA LUMPUR] Boustead Holdings Bhd has ventured into the catering and life support services industry through a newly acquired joint venture company, Boustead Abela Sdn Bhd. The Malaysian conglomerate, with diversified interests in the country and the region, will have a 51 per centMET - 200 words
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296 1996-07-23 20 Al Labita - NOL unit closes one per cent off its IPO price in Manila From Al Labita in Manila [MANILA] A unit of Singapore's Neptune Orient Lines (NOL) made its debut yesterday on the Philippine bourse, but disappointed some brokers and investors. Cargo handler Lorenzo Shipping Corp296 words
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178 1996-07-23 20 [SINGAPORE] Shangri-La Hotel said yesterday it was reviewing the proposed share swap in which it was to acquire equity in Allgreen Properties in exchange for relinquishing its stake in Midpoint Properties to Allgreen. As certain directors of the company were deemed to be interested178 words
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169 1996-07-23 20 Bloomberg Business News (KUALA LUMPUR] Camerlin Pte Ltd, a group of investors led by Malaysian financier Quek Leng Chan, said it had talks with Australia's National Foods Ltd about a possible alliance, The Asian Wall Street Journal reported yesterday. The Camerlin consortium isBloomberg Business News - 169 words
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COMPANY Briefs
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94 1996-07-23 20 [BINGAPORE] Wing Tai Holdings has bought a 45 par oeot stake hi Indonesian associate PT Windas Development, which has a paid-up capital of 62 billion rupiah (5J38.35 million). The acquisition, through subsidiary Wing Tal Land Pte Ltd, was paid for with proceeds from94 words
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23 1996-07-23 20 (SING apoßE] Noel Gifts International has appointed Amos Koh, who is managing director of DTZ Leung, as independent director.23 words
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31 1996-07-23 20 [SINGAPORE] Eitech Electronics director Lee Tat Meng has acquired 260,145 shares in the company. The purchase brings his total holdings to 433,575 shares and warrants.31 words
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32 1996-07-23 20 [SINGAPORE] Far Bast Organisation has increased Us stake in Orchard Parade Holdings to 69.72 per cent from 63.38 per cent after an exercise of warrants.32 words
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Article75 1996-07-23 20 {SINGAPORE] Teck Wah Paper Products yesterday revealed the shareholders which bought a combined 16.28 million of Its shares on July 19. They are SiangHow Realty Pte Ltd, King Keong Printing Co Pte Ltd and Markono Paper Industries Pte Ltd. Their respective stakes now are 9.3275 words
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364 1996-07-23 21 Price expected to range from HK$l9 JO toHKS2LSO Reuter AFX-Asia [HONGKONG] Kerry Properties Ltd, a unit of Malaysian tycoon Robert Kuok's Kuok Group, said yesterday it planned to issue 150 million new shares at an expected price range of HK519.50 (553.60)Reuter; AFX-Asia - 364 words
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259 1996-07-23 21 AFP [TOKYO] Japan's Mitsubishi Corp, Continental Grain Co of the United States and China's Orient International (Group) Co are looking at launching China's first general trading house in Shanghai, a Mitsubishi official said yesterday. Under the tentative plan, Orient International, a majorAFP - 259 words
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COMPANY Briefs
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83 1996-07-23 21 Knight-Ridder [HONGKONG] The Stock Exchange of Hongkong yesterday announced that options trading on New World Development Co Ltd and Wharf (Holdings) Ltd will begin from Aug 6. This will bring the total number of stock options on the exchange to 12, accordingKnight-Ridder - 83 words
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56 1996-07-23 21 AFX-Asia [HONGKONG) Citic Pacific is to get an injection of two Shanghai properties from parent Citic Hit Sing Too Daily reported unidentified brokerage sources as saying. The larger of the two property sites will be turned into a commercial and office complex of one millionAFX-Asia - 56 words
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76 1996-07-23 21 Bloomberg Business News [AUCKLAND] New Zealand's Fletcher Challenge Ltd said yesterday it is cutting back its offshore building activities and will sell its US construction businesses. "We are exiting construction activities outside New Zealand which are no longer integral to our strategic positioning," said Fletcher BuildingBloomberg Business News - 76 words
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72 1996-07-23 21 AFX-Asia [BOMBAY] The Indian government has said that Coca-Cola Co must sell 49 per cent of its two planned local subsidiaries to Indian investors within five years of their being set up, the Economic Times reported yesterday. The newspaper said the decision cameAFX-Asia - 72 words
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Article, Illustration193 1996-07-23 21 Reuter [HONGKONG] Hongkong microbrewery South China Brewery plans to list shares on the US Nasdaq exchange to raise funds for expansion. "We have plans to list in New York," said general manager Scott Ashen yesterday. He declined to give details. The brewery won public attentionReuter - 193 words
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255 1996-07-23 21 AFP [HANOI] Vietnam is to move ahead with the prosecution of a company linked to Hongkong merchant bank Peregrine after levelling accusations of tax evasion and illegal business operations, an official said yesterday. Authorities are to prose- cute Peregrine Capital VietnamAFP - 255 words
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343 1996-07-23 21 Hongkongß&nk unit expected to be main contributor to growth Reuter [HONGKONG] HSBC Holdings pic, one of the world's biggest banks, is expected to show a 14 to 15 per cent increase in profits when it reports interim results on AugReuter - 343 words
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275 1996-07-23 21 Firm cites changes in Anssie business climate as a factor Bloomberg Business News [WELLINGTON] Telecom Corp of New Zealand said it may sell part, or all, of its Aus-tralian-based communications management unit, Pacific Star Group. Changes in pricing by Pacific Star's main supplier, TelstraBloomberg Business News - 275 words
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INTERNATIONAL COMPANIES
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276 1996-07-23 22 World's leading PC maker to slash prices in bid for bigger market share Reuter [BONN] Compaq Computer Corporation, the world's leading personal computer manufacturer, yesterday said it would reorganise its line of commercial desktop computers and slash prices in a bid for bigger market share.Reuter - 276 words
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Article155 1996-07-23 22 Bloomberg Business News [LONDON] British Telecommunications pic and Mercury Communications Ltd will have to lower their charges for international private leased telephone lines, according to a consultation document published by its regulator. The UK Office of Telecommunications yesterday said it was considering a plan suggestedBloomberg Business News - 155 words
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Article, Illustration335 1996-07-23 22 Conrad Black may dispose of his 24.7% stake in Aussie chain FT [TORONTO] Conrad Black's Hollinger International newspaper group may raise as much as US$2B5 million (Ss4os million) through securities backed by its stake in John Fairfax, the Australian publisher. Hollinger International, whichFT - 335 words
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321 1996-07-23 22 IHT [PARIS] In a rare display of independence by directors of a German corporation, members of the supervisory board of Metallgesellschaft AG have blocked a proposed accord that would have cleared the name of the company's former chief executive in a US$l billion (551.41 billion)IHT - 321 words
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408 1996-07-23 22 FT (TOKYO] Taizo Nishimuro, the new president of Toshiba, Japan's second largest integrated electronics company, is planning to seek international alliances or closures where the group cannot compete effectively alone. Mr Nishimuro told Financial Times, in his first interview with a foreign newspaperFT - 408 words
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FINANCE & COMMODITIES
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332 1996-07-23 23 Shiv Taneja - Amount raised daring promotion which has been extended to end of July By Shiv Taneja [SINGAPORE] Singaporebased Templeton Asset Management has raised $40 million under its maiden fund here, the Templeton Investment Funds-Emerging Markets Fund. The fund is the first of five sub-funds332 words
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416 1996-07-23 23 Deal pats Goldman among top 25 money managers worldwide Bloomberg Business News [NEW YORK] Goldman, Sachs Co said it will buy CIN Management, the pension fund management arm of British Coal, boosting the biggest investment banking partnership into the ranks ofBloomberg Business News - 416 words
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SMALL Change
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71 1996-07-23 23 Bloomberg Business News [SYDNEY] Macquarie Bank Ltd, an Australian investment bank, said earnings in its first quarter ended June 30 were higher than in the year-earlier period. The bank did not give specific details. Its shares are expected to begin trading on the Australian StockBloomberg Business News - 71 words
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74 1996-07-23 23 AFX-Asia [SHANGHAI] State-owned China People's Insurance said its restructuring is basically complete and a new company, China People's Insurance (Group) Co Ltd, will be officially incorporated today. The China Securities daily quoted group general manager Ma Yongwei as saying it is China's first insurance enterprise toAFX-Asia - 74 words
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52 1996-07-23 23 AFX-Asia [HANOI] Vietnam's central bank plans to ease credit controls in the second half of the year as June CPI stood at its lowest rate since market reforms were launched, the Saigon Times Daily reported yesterday. June CPI rose by 4.6 per centAFX-Asia - 52 words
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84 1996-07-23 23 AFX-Asia [HONGKONG] Regal Hotels International Holdings Ltd said its unit Regal International Treasury Ltd has issued US$l6O million (***** million) worth of two-year fixed-rate notes. The size of the issue was raised from an initial US$l2O million "due to keen interest" shown byAFX-Asia - 84 words
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264 1996-07-23 23 Siow Li Sen - By Siow Li Sen [SINGAPORE] Bank of America (BofA) has come up with a new loan product aimed at credit card debt, jumping into the lucrative unsecured loan market at a time when cardholders caught by the new guidelines on card264 words
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451 1996-07-23 23 Knight-Ridder [TOKYO] Many major Japanese banks, including most of the 10 city banks, are planning to issue stocks to improve their capital adequacy ratios, which have eroded seriously on bad loan write-offs over the past few years. If all 10 city banks areKnight-Ridder - 451 words
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Article171 1996-07-23 23 Soh Tiang Keng - By I Soh Tiang Keng [SINGAPORE] Indonesia's Bank Niaga has raised US$24 million (5533.8 million) from the Singapore-based Asian dollar market through a floating rate certificate of deposit. Eleven banks and financial institutions, nine of them Sin-gapore-based, took part in the issue, which was171 words
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Article, Illustration302 1996-07-23 23 Paul Leo - Aussie likely to weaken against US unit: economist By Paul Leo [SINGAPORE] The Australian dollar will weaken to 75 US cents in a year's time while short-term interest rates are likely to remain around current levels with long-term rates slipping to 8.5 per cent, predicted National Australia Bank treasury economistSource: Bloomberg - 302 words
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Article392 1996-07-23 24 Lack of transparency among banks affiliated to Bank of China, it says AFP [HONGKONG] International credit rating agency Moody's Investors Service yesterday criticised the lack of transparency among China-incorporat-ed banks affiliated to the Bank of China. The agency, which assesses the risk of lending to majorAFP - 392 words
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Article, Illustration442 1996-07-23 24 Gengold's Evander mine merger is latest example Reuter [LONDON] South African mining major Gengold's roadshow to promote its Evander mine merger project is the latest in a stream of announcements from gold miners eager to diversify out of traditional areas and methods. FreshReuter - 442 words
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Article163 1996-07-23 24 Bloomberg Business News [MELBOURNE] National Australia Bank Ltd managing director Don Argus said US banks are trying to block the bank's attempts to introduce the Mondex electronic cash system into the US. "The demand for this piece of technology has accelerated to the extentBloomberg Business News - 163 words
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410 1996-07-23 24 Trend likely to go on through end of year and beyond: analysts Platt's Oilgram [HOUSTON] Many US independent oil producers are reporting sterling second-quar-ter earnings, and investment analysts believe this trend of robust results will continue through the end of thePlatt's Oilgram - 410 words
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128 1996-07-23 24 Reuter [MANILA] The Philippine Central Bank said yesterday it had lowered its overnight borrowing rate to 11.5 per cent from 11.75 per cent. It also reduced its overnight lending rate to 13.5 per cent from 14 per cent. The bank said it cut its oneweekReuter - 128 words
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Article227 1996-07-23 24 STMTfIf Report Reuter [SINGAPORE] A steep drop on thin Nikkei cash and futures markets gave a boost to the long and short ends of the Japanese yield curve yesterday, but fears about higher interest rates persisted. "The flight to quality is very different from expectationsReuter - 227 words
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Article158 1996-07-23 24 Reuter AFP London THE mark/yen cross dictated the dollar's direction in extremely thin trading, with nervousness about the Bundesbank council meeting, the Bank of Japan and the Dow too great to spark a bold move. The German repo rate is widely expected to be lowered by 10 basisReuter; AFP - 158 words
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304 1996-07-23 24 ENERGY REPORT Reuter [LONDON] World oil prices slipped again yesterday, accelerating the declines of last week amid growing concerns for the market balance in the run-up to the first Iraqi oil exports for six years. London September futures for benchmark North Sea Brent Blend dippedReuter - 304 words
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Article, Illustration1402 1996-07-23 24 IMTERRAMK CROSS RATES Jul 22 1 1 I as amt ccu rn o» h*$ m b» y- nm m$ m$ n n m> s$ im W wi ni oti Austria 1061 6.178 0.625 3.997 1180 6.119 2t.tt7H.422 0.152 6.439 1969 1)40 27.942 20.725 1123 3.475 0163 *****20.004 058 0.791 Canada1,402 words
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Article1710 1996-07-23 25 SICOM FUTURES Jul 22 IUMCR (Mures dosing u 5 JQpm) KSS1 CONTRACTS cMtsAg) ClOM Votune Open Meotli H<9» Low Sott (tonnos) Interest Aug ***** 275 Sep 96 192.50 ***** 192.50 1500 1140 Oct 96 192.00 192.00 192.00 50 3525 Nov 96 192.00 192.00 192.00 50 3525 OtC 961,710 words
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Article2341 1996-07-23 25 LONDON Mastiiats M12 Nki A. A. Corp Adr 581/4 -3/4 AB Ports 266 unch AMmy National 558 1/2 -6 1/2 Allied Lyons 425 -10 Amec 94 -1 Argyll 346 Asda Group 1131/2 -2 BAT Ind 486 -8.400 BICC 322 -1 BOC Group 914 -6 BR Petroleum 5832,341 words
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Article1688 1996-07-23 25 AFX-Asia □Nikkei 22S -470.M STOCKS closed near their lows, hit by a late bout of futures-led selling on revived rumours of a near term rate hike by the Bank of Japan. The Nikkei Average closed down 470.66 points at 21,005.63, a 2.2 per cent decline, to finish at theAFX-Asia - 1,688 words
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Article, Illustration1686 1996-07-23 26 Reuter Q Hang Seng -47.01 STOCKS closed lower as weakness in regional markets, particularly Tokyo stocks, weighed on share prices. The Hang Seng fell 47.01 points to 10,798.29. Turnover was HK$3.6B billion. The Dow's 37-point decline on Friday had dampened sentiment. This was accentuated during the afternoon by aReuter - 1,686 words
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Article, Illustration630 1996-07-23 26 Reuter Q Shanghaiß Share Index +0.32 SHANGHAI'S B shares ended up mainly on domestic institutional buying, but trading remained slow with few overseas investors willing to buy. The index gained 0.32 point to 50.70 on volume of 5.6 million shares worth US$2.3 million. "Stocks in which domestic institutions haveReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 630 words
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Article358 1996-07-23 26 AFP QWP latex -5L53 SHARE prices finished lower as institutional investors retreated to the sidelines and individuals sold shares. "Weak buying sentiment dominated the bourse as institutions took a watch-and-see attitude,which has discouraged small investors," said an analyst. The Weighted Price Index fell 51.53 points to 6,159.08. Turnover totalledAFP - 358 words
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Article, Illustration734 1996-07-23 26 AFP Qflimipngite index -&3I SHARE prices closed down as foreign investores sold heavyweight stocks. "The market was pretty weak, actually. Foreign investors were selling large cap stocks and their dealings only constituted about 30 per cent of the day's activity," a dealer said. The Composite Index eased 0.31 pointAFP - 734 words
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Article, Illustration832 1996-07-23 26 AFP □set Max -18-19 SHARES prices dropped, with the market reaching a 15month low following a government announcement projecting a higher-than-expected current deficit for this year. The SET Index was down 18.19 points at 1,164.19. Turnover was 49.1 million shares worth 4.1 billion baht. Falls beat risers 273 toAFP - 832 words
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Article315 1996-07-23 26 Manila -1088 SHARE prices fell as foreign investors remained cautious about Wall Street and the direction of US interest rates. The PSE Composite Index fell 10.88 points to 3,217.42. Turnover was 1.83 billion shares worth 4.15 billion pesos. Lorenzo Shipping made a disappointing debut on the market, closing at315 words
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Article416 1996-07-23 26 AFP P Composite Index -L3O SHARE prices closed lower, as a downswing in blue chips and banking stocks outweighed broad gains in smaller stocks. "Investors seemed happy just to take a wait-and-see position in the uneventful market," said one trader. The Composite Index eased 1.30 points to 838.75. TurnoverAFP - 416 words
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Article610 1996-07-23 26 AFP DABOriiMriM -U SHARES closed down after falls in News Corp shares outweighed gains in resource stocks. The All Ordinaries Index fell 5.2 points to 2,152.4. Turnover was 185.3 million shares worth A 5439.3 million. News Corp dominated trade, with 6.97 million shares worth A 545.17 million changing hands.AFP - 610 words
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Article279 1996-07-23 26 Reuter □Wellington +L4t SHARES were mixed after a day of light trade, the highlight being an explosive gain by gold miner Macraes Mining. The NZSE-40 Capital Index ended up 1.46 points at 2,083.07. Reuter MU m t- cmm AN2 Banking 7 00 unctt 5500 AOvantagai HMq* 1 55 uncTiReuter - 279 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration8113 1996-07-23 27 Bloomberg Business News IT! Composite Index -14.43 STOCKS plunged to their lowest level in more than five months, led by Telekom Malaysia, on concern about the health of the economy. "It's a bloodbath," said a dealer. "Stocks are being battered by the electronicsBloomberg Business News - 8,113 words
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WARRANTS & OPTIONS
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Article3632 1996-07-23 28 R Sivanithy - WARRANT WATCH -By R Sivanithy WE HAVE said that one interesting and profitable strategy as far as punting Malaysian warrants is concerned is to buy those that are deep-out-of-the-money and sell them when they move in-the-money. Although this has proven to be the best approach,3,632 words
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Article2391 1996-07-23 28 MALAYSIAN STOCKS Gr Of L»» Val Day Laat Oust* CMv Dtv YM N«t M Cap laat Mm Cam»any Sate COOP) low Buyr SoBar Cw P/t Stidl ~«S 384 miSOOO AISBSOc 392 X 3 394 392 392 400 VO 4.9 a4 80.8 402.0 119 84 mi 5001 AMDBSOc 1042,391 words
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STOCK EXCHANGE OF SINGAPORE
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Article916 1996-07-23 29 HANOVER OOOO) VALUt COOO) w» c-» tit mm cut thi 29,142 12.294 40,436' JSL307 ***** 0*2»l t*W MM IMt Wit iUil 6.930 7UU Mil* m 204 f?T 2.406 327 2.739 NWHn 6,046 9,MO 1S.9M 34,154 52.546 nwuotn in im un 2.539 260 2*0 749 749 K* 3.242 4.473 9>7W 47.009916 words
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Article4286 1996-07-23 29 Or Or MWt 1996 Last Yd Day Lul Ouota Oh M* YM Nit Cm Avg Nlgfc Low »tNo Cimpif Sola COOW mni Low lux CNr Ptt $mk Prtco 5146 ASC NTSK) 200 US- 214 MS 1256 Acer 50c US181 -1 19 182 181 181 182 5.0N 7.9 104,286 words
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Article689 1996-07-23 29 Or Or M Wt MHA L.. ItNa iSS J2L, Oh Dh «H Cm A *9 J5E y? »«W CI1III «*»t COOO> Hfrfc t— Snyr 8«8» Cw »/l >ai Prtco 2S9 JW 2000 ABPHMosSc 230 unci) 41 210 2)0 200 225 10 ti] 01 MM 102.3 290 90 82 ASAutatOc689 words
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Article, Illustration840 1996-07-23 30 R Sivanithy - moiMAiaT OOKMBXTAST Markat also hit fcy 12% Tokyo Maud talk of downgrading by investment banks; Malaysian shares netopwedtoo By i R Sivanithy (SINGAPORE) It was a generally disastrous day In the local stock market yesterday, with the poor June trade840 words
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Article, Illustration64 1996-07-23 30 Shiv Taneja - m Shiv Taneja INVESTORS in Berger International should consider taking profits soon should the stock crocs 95 cents. It closed yesterday at ML J cents, up 15 cents on a vo- m lums of 1.4 million shares traded. Weekly RSI and Stochastks are Just shy of 75, and64 words
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OK THE GRAPEVINE
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Article93 1996-07-23 30 ACCORDING to data released by Senior Minister Ue Kuan Yew at a conference with trade unioniata last week, one remisier earned $10.22 million in 1984. To be earning that mind-bogglingamount, he must have generated $25 million in groes commissions, assuming that 60 per cent of what93 words
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Article130 1996-07-23 30 DO SMALL CAP stocks have a lite of their own? We notice the firmness of the Kuala Lumpur second board recently when Wall Street and the rest of Asia were declining. Does this mean there is more value in small cap stocks as some seem to130 words
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Article93 1996-07-23 30 AN AMERICAN company's stockbroker says he can't understand how people never learn that anything that is cheap often comes with a catch. He gets regular from people who have bought US stocks at a discount to the market from brokers based In the Philippines or Luxembourg. But these93 words
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Article98 1996-07-23 30 Bank's money spinning machine BANKS make good money marketing unit trusts. Depending on which funds, banks stand to make as much as 5 per cent in spreads. "It doesn't matter that the bank launched a fund at gl.oo and now it's 90 cents. If you want to sell or buy,98 words
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Article107 1996-07-23 30 A LARGE stockbroklng firm in Singapore used to have a trader whoee Job it was to make market in stock options. But with no trade for days on end, the position has since been cloeed. Stock options were relaunched a couple of years ago, but have foiled to107 words
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Page 19 Advertisements
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Advertisement66 1996-07-23 19 <l^H 5 B 9k V J■^' I a jI^H^K INOAPORI BOUTIQUES: CENTREPOINT Wl-30 TEL: 737 4ftot PARAGON BY SOOO #01-19/23 TEL- 734 0838 MILLENIA WALK *01-30 TIL: 332 3747 COHMIRt: TAKASHIMAVA S. C. METRO PARAGON METRO MARINA C. K. TANG KUALA LUMPUR: UNIT PBA LOT 10 C. K. TANO-STAR HILL66 words
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Page 20 Advertisements
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Advertisement132 1996-07-23 20 Light and loaded. Preloaded with Windows 95 and Netscape. Want to know more about the new ThinkPad 560? Call IBM Direct on 1800-320 1234. Solutions for a small planet IBM and ThinkPad are register 3d trademarks and Solutions tor a smalt planet is a trademark ol International Business Machines Corporation132 words
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Advertisement20 1996-07-23 20 Lcxico LEXICO CORPORATE SERVICES PTE LTD 6, Raffles Boulevard, #02-307 Marina Square 5(*****4) Resources for Business Mobility TEL: 339 050020 words
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Page 21 Advertisements
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Advertisement136 1996-07-23 21 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified136 words
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Advertisement297 1996-07-23 21 I 01J Wors Ckarm Of I New Luxury Hotel. I IQ IB w nn t*f* iOi mow&mtm Fint<im Imyiwii mdDMngfetdam |H| BHnl The next time you arc in Vietnam, take a tnp back in Dtnc with the Kfl ££3 HH fA 1 !W!mM Saigon Prince Hotel. Due over an era297 words
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Page 22 Advertisements
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Advertisement245 1996-07-23 22 Lean. And mean. Introducing the ultra-thin, ultra-powerful ThinkPad 560. HiinnuniTii It weighs only 1.9 kilograms. Yet when it comes to features, the new ThinkPad® 560 still ranks as a heavyweight: a spacious 11.3 inch screen; a quiet, 1 Think I 111* 2 n full-size keyboard; a 100 MHz Pentium" processor245 words
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Page 23 Advertisements
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Advertisement224 1996-07-23 23 M YOU WON'T Cold Dish Combination Variety Cold Dish K Braised Shark's Fin with Crab Roe Braised Shark's Fin with Crab Meat MIMU Fried Chicken in Rum Sauce Roast Suckling Pig AUTHENTIC steamed Garoupa Steamed Fbmfret Fned Prawns in Pepper Sauce Sliced Goose Meat TEOCHEW Sliced Goose Meat Fried Prawns224 words
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Advertisement40 1996-07-23 23 and&coij?jS» I I cotn Panv Available at t Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS kiosks 7 Eleven Mobil Times the Bookshop Cold Storage SPC Singapore Kinokuniya •Shell BP W PreSS MPH Esso W Holdings40 words
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Page 24 Advertisements
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Advertisement47 1996-07-23 24 WHY ARE MNCs DOWNSIZING FROM MINIS TO FACT? Real-Time Accounting of course. They are I J 4 T moving out of the old, outdated batch processing accounting to FACT Real-Time Business Accounting Software. You can too. WorldWideWeb http://www.fact.com.sg instant E-mail info fact.com.sg ACCOUNTING Toll Free 1800-*****32 POWER47 words
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Page 26 Advertisements
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Advertisement66 1996-07-23 26 I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner. Joe Heng66 words
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Page 27 Advertisements
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Advertisement36 1996-07-23 27 The Art of Chinese Imperial-Style Hardwood Furniture Exclusively from: Hua Shi Fine Art Gallery Showroom 1 608 Martin Road #05-04, Singapore *****7 Tel: *****92 *****45 Showroom 2 276 River Valley Road, Singapore *****7 Tel: *****71 *****2336 words
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Page 28 Advertisements
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Advertisement337 1996-07-23 28 World-class loud speakers lusted by many in the TYMi f ireifllki 2 Tlfflßlßi Oeiwsis 2.5 aztsk Genesis 5 dream world, owned by few In the real world. 1 50,000) MiL (Price $50,000) jIH (Price $30,000) //jtik (Price $20,000) Each Genesis speaker Is hand-crafted from fine Mil ftl US EHhI MM337 words
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Page 29 Advertisements
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Advertisement131 1996-07-23 29 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 MARKETS Investment Funds Emerging Markets Fund. Invest before 12 July 1996, and you'll receive a discount in the form of bonus units based on the value131 words
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Advertisement135 1996-07-23 29 To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quickstock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 months Q 6 months [_j 3 months •t S $60.00 at135 words
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Page 30 Advertisements
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Advertisement314 1996-07-23 30 BUSINESS Notices M> \l>\lK I I S I < \I I. |(>||.l K i; Ixoo- 7 4 I H ssTl I f acgr 4* ACER COMPUTER INTERNATIONAL LTD. (Incofporattd in th« RapubHc of Singapore) ANNOUNCEMENT ISSUE OF 33,106,401 DETACHABLE WARRANTS ("WARRANTS") TO SUBSCRIBE FOR 33,106,401 NEW ORDINARY SHARES OF 860.60314 words
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Advertisement366 1996-07-23 30 IN TBI MATTO O* THE COMfANHfACTCAP. HAND ■unMAtmor WATEXLINK SERVICES PTC LTD (■■or «n» ■■Jufffnfßttc -up NOTICE IS HBUBY OIVEN *01 Ik* creditor* of Um itomimd "IHJ, wMcft I* Mag wornd of iw Aipa irn 10 Mad la thoir ■MM* u< iMriiMi ul Um panicolon of Mr Ma or cMmo,366 words
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Advertisement451 1996-07-23 30 MEIBAN PLASTIC LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 24,692,000 NEW ORDINARY SHARES OF 90.10 EACH AT 50.38 PER SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF $0.10 EACH HELD BY ENTITLED MEMBERS OF451 words
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Advertisement537 1996-07-23 30 Singapore Closing Share Prlcos 22/07/1996 CLOM PMV LOW H»H jBMfT r 630T1 iTT"'? #trrt^lc 3.02 3.10 3.02 3.06 LVMyJ Prt'yFfm.. 0.80 0.82 0.788 0.818 BfciwMß Hongkong Land 2.24 2.24 2.23 2.24 mmmm y a lart or nta| 1-3® 1.39 1.3 a 1.37 KBUmM Jardlra Strfglc WM 0.296 0.31 0.206 0.296537 words
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SHIPPING IMES
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Article301 1996-07-23 31 Knight-Ridder Reuter THE US Gulf remained the Bright spot for owners with prompt Panamax tonnage is rates continued to firm for the early positions, brokers said. The Baltic Freight Index was unchanged from Thursday's 1,106 and this Was probably in line with market expectation. Futures remained at morningKnight-Ridder; Reuter - 301 words
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Article239 1996-07-23 31 f V <• WWW TDWrMhii L47 *0.04 H ywiwMyp t09 »001 194 m? 3x0 -0.05 200 FraMUrta 0.73 niMkgi U» -OOl II WtaiMw 1X3 -OOl 320 MUCMZMWI 0X9S -0X1 49 IWC)Wl» HK5X0 i«y» HaMtngs Lit *0X1 S Jvrwif SMpyartf 4-25 -0.15 171 «4ip«Carp 10.90 undi 1472 MMct ISO239 words
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471 1996-07-23 31 Yong Mei Fong - Tie-npwith Cambodian firm offers nse of customs-bonded ICD By Yong Mei Fong [SINGAPORE! Regional Container Lines has launched a service between Singapore and Cambodia, offering shippers use of a customs-bonded container depot through a tie-up with a Cambodian transport firm. Yesterday, the Intra Bhum made471 words
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Article, Illustration267 1996-07-23 31 [SINGAPORE] Jurong Shipyard Ltd (JSL) will carry out another seven big tanker jobs between now and the end of the year, managing director K K Tan said yesterday. He was speaking at the official launch of the yard's new ultra-large crudeCHRIS LOH - 267 words
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PORT Shots
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Article43 1996-07-23 31 Reuter [BANGKOK] Thai shipping company Thoresen Thai Agencies pic said yesterday it plans to expand its shipping fleet by investing 74.5 million baht (Ss4.f? million) in 1997 and 512.4 million baht annually in 1996 and 1999. RenterReuter - 43 words
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Article51 1996-07-23 31 AFP [JAKARTA] An Indonesian ferry carrying 142 passengers and 16 crew sank during the weekend, killing three young children, officials said. The survivors, including 21 foreign tourists from the UK, Denmark, the Netherlands and the US, were rescued by fishing ships and a rescue teamAFP - 51 words
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Article70 1996-07-23 31 Reuter [BRISBANE] Salvage teams plan to remove more than 600 tonnes of heavy ftiel oil from a ship aground in the Great Barrier Reef off the north Australian coast, officials said yesterday. The unladen, Panamanian-registered and Japanese-owned 6,541 dwt Peacock has been aground sinceReuter - 70 words
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211 1996-07-23 31 Knight-Ridder [TAIPEI] Taiwan's cabinet is all set to review and approve a plan calling for the creation of a special offshore transportation and trade zone to handle direct transport links with China, the Chinese-language Commercial Times reported on Sunday. The paperKnight-Ridder - 211 words
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166 1996-07-23 31 AFP [KUALA LUMPUR] Malaysian shipping group (Consortium Perkapalan Bhd (KPB) signed joint venture deals yesterday with Japan's NYK Line and Belgium's Exmar to jointly transport cars and gas in the region. KPB, the 72-percent owned firm of Mirzan Mahathir, son of MalaysianAFP - 166 words
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Article, Illustration1011 1996-07-23 32 Malcolm Whittaker - FXNCANTXEHX: HEIR TO ITALY'S SHIPBUILDING TRADITION After years in the red, the state-owned shipbuilder has turned around to become the world leader in the large cruise ship sector, cutting its workforce by half and introducing computer-aided design and robotics in the process Xy. Malcolm Whittaker ReuterReuter - 1,011 words
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309 1996-07-23 32 PAGE Evergreen 6 ACL II Emprime 13 ANl 3 Famous 7 Able 13 Feedertrans 7 Accord 12 FL-Bright 7 Ahrenkiel 4 FoongSun 12 Appenihtp 4 Frota 12 Astro 3 Fft World 7 Austral 11 G link IS Avant 6 Gemartrans 13 BSA 7309 words
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Article14925 1996-07-23 38 EXPORT ETA ETA Advertiser Vl!S»l V oyage Telephone ETA ETA Advertiser V*ss*l Voyiq* Telephone SIN Dest'n Nam* Nam* Number Number SIN Destn Nam* Nam* Number Number A 17/01 18/08 Hanjin TRADE ETERNITY 005W 85-*****24 WOT 18/08 Hyundai H. FRONTIER 323W 65-*****66 To ABU DHABI/ ST JOHNS (AUH) 200414,925 words
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SHIPS IN PORT
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Article1627 1996-07-23 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO eVj Booklng/Bolonco Rstls SI#— Voy Mo Etb/Btr NrM From To From kliM• 300C 29/2000 2* 22/1700 23/0659 23/0*00 23/0700 23/115* 23/1400 4 23/1200 23/M9* 23/1700 AO W»lim 013S 24/0100 U 22/BOO 22/lMf 22/HOO 22/1900 22/W59 22/1*00 2A 22/1700 23/069* 23/0*001,627 words
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Article609 1996-07-23 45 Voy No Bfth Arrival Doparturt Jm|M itqMimnan OVH J09 Mn«sM 24 07/0*00 JO* 22.07/0700 MMMM *299 XX -0OQ«0» 23.07/2300 ®»m J01 Monqsid* 22.07/2100 H** -1 *1 Mnqudt 22.07/0500 M OMh M 24/* J01 tanqsM 22 07/1915 2 JffJ J01 M»M 22.07/0)00 M 1*5 55 215* JOt imnqunt 22.07/W15609 words
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Article272 1996-07-23 45 JULY as Egypt. Revolution Day. JULY M Venezuela: Birth of Simon Bolivar. JULY M Costa Rica: Guanacaste Day. Ecuador. Guayaquil Foundation Day (Guayaquil only). Israel: Ninth of Ab East. Tunisia: Republic Day. JULY *7 Bahrain. Ivory Coast, Lebanon. Oman. United Arab Emirates: (tentative) Mar ket and Public holiday,272 words
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Article958 1996-07-23 45 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges In US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual958 words
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AIR & LAND TRANSPORT NEWS
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138 1996-07-23 46 Reuter [BEIJING] The Civil Aviation Administration of China (CAAC) has reported 24 consecutive months without a crash, the official Xinhua news agency said yesterday. Over the last two years, it carried out 1.8 million flight hours of safe operations, the longest safeReuter - 138 words
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313 1996-07-23 46 Ambitions plan to build passenger aircraft for Asians by Asians at low cost in the early 2000s Reuter [TOKYO] Japan yesterday unveiled a new and ambitious idea it hopes to build an "Asia plane", a passenger aircraft by Asians and for Asians.Reuter - 313 words
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172 1996-07-23 46 AFP [WASHINGTON] Authorities searched three planes at Chicago's O'Hare airport on Sunday after receiving two separate bomb threats, officials said. "No suspicious bomb materials were found," said Chicago Department of Aviation spokeswoman Megan Hughes. Airport officials ordered Mexicana de Aviacion Flight 817 with 128AFP - 172 words
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192 1996-07-23 46 Bloomberg Business News [FRANKFURT] Germany's car production dropped 4 per cent in June from a year earlier, while the car industry made an overall gain of 1 per cent for the first half of 1996, said the German car industry association, or VDA.Bloomberg Business News - 192 words
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267 1996-07-23 46 Aussie group focusing on time-sensitive freight and logistics Reuter [SYDNEY] Transport group TNT Ltd said yesterday it will re-organise its Australian general freight business and will either sell or close its Ansett Freight Express (AFE) and the LCL (less than full container load) businesses.Reuter - 267 words
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240 1996-07-23 46 AFP [SYDNEY] Qantas executives have held talks with union officials demanding two successive annual wage rises of 10 per cent, as fears of an excessive wage settlement pushed the company's shares to an all-time low. Qantas chief James Strong has saidAFP - 240 words
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118 1996-07-23 46 AFP [SEOUL] South Korea's car exports jumped 10.8 per cent from a year earlier to 106,330 units in June, despite a wave of labour disputes that partially crippled production, manufacturers say. Cumulative car exports for the six months to June totalled 572,000,AFP - 118 words
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LOG Book
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91 1996-07-23 46 Reuter (TOKYO] Kawasaki Heavy Industries Ltd said yesterday it was considering a proposal by Rolls-Royce pic to jointly develop a new aircraft engine. Rolls-Royce hopes the new engine, the Trent 900, will win contracts for an improved version of the 747 passenger jet planned by BoeingReuter - 91 words
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Article, Illustration64 1996-07-23 46 Reuter [NINH BINH, Vietnam] Villagers looking on as a four-wheel drive is hoisted out of a paddy field after spinning off Route 1 about 20km north of here in northern Vietnam on Sunday. The passengers erf the vehicle escaped without any serious injuries, but official figures show thatReuter - 64 words
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Article, Illustration77 1996-07-23 46 [KUALA LUMPUR] The Federation of Malaysian Consumers Associations (Fomca) says public vehicles should be checked every three months instead of half-yearly to better ensure their roadworthiness. This was necessary to prevent a recurrence of tragic accidents like the Genting Highlands bus crash thatBernama - 77 words
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74 1996-07-23 46 Reuter [LONDON] Automotive components manufacturer GKN pic has signed an exclusive deal to supply parts fix- Fiat's new Palio world car wherever it is built around the globe, according to the Financial Times newspaper. The secret deal is the first time a carReuter - 74 words
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Article1436 1996-07-23 46 OTT FU6HT ETA njQff Cl» Of 6 IMS LH779 2359 J 0*174 23IS fdawto SOW 1700 S0990 0105 AJaiaMa S0230 1830 Of82 2055 Oaaava SK187 2320 »30 _L 0—jdwHK C2354 0125 AmsttrdMi GA897 1045 KL844 0040 NmoI VH745 1300 VM744 MOO KL837 1445 KL83S 2300 VN7«1,436 words
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Page 31 Advertisements
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Advertisement11 1996-07-23 31 Fincantieri rales cruise waves Heir to Italy's shipbuilding tradition. Page 211 words
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Advertisement312 1996-07-23 31 Japan hopes to develop Asia plane Plan to build passenger aircraft. Back Page 4-— SNSC's new Ml office-bearers j finfthansa T flies onto Internet |J| Make a landing on Lufthansa's I nfoFlyway on the internet at m^B httpq//wwwJnfthansa. 1 oom. Besides information f on its'services. site callers WB.» J can312 words
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Page 32 Advertisements
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Advertisement571 1996-07-23 32 vot I m u —pj| —j— I WW •!/•> M/ 07 XXIOI ~nt 14/17 10/07 Ml m/w J. HOtZBCON 47W M/ 07 11/07 11/17 U/07 M/M OUMIMT OM 10/17 11/17 M/ 07 01/00 M/M ammmui oiw u/07 no; 10/07 n/07 w/m wbtoumnbimt n 17/07 a/07 01/00 00/00 11/00 t mmmmmmm571 words
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Advertisement677 1996-07-23 32 Una# 4 services represented /f by Members of the Registry of \iVarV Aocfw cl Shipping Agents. Sfeore National Shipping Assoc. Member,*** S*W*l Freight Forwarders— Aa«ocw#on /ltf Uuinojp I 4 ShippingTimesOnline Just talk to us... 2 Iris Lim 740-2044 Tan Lip Chuan 740-1645 Z Jarrod Leong 740-2089 Philip Koh 740-2382 J677 words
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Advertisement1220 1996-07-23 33 fftOFK SOUTH WEST EXPRESS (PtRECT) |vb» I w I m lairo Ishid |uu I c* I mm I I a I hou I woo 1 I tnmum oooi \n/v 1 */v \n/v loyoo 1 13/w I u/w I u/w is/w n/w urn I urn I gj mhum mi la/plsi/ifr loi/w1,220 words
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Advertisement1653 1996-07-23 33 0 HANJIN SHIPPING USA CANADA* iwkmi/vot Imlmi I «< fti m tor oo ion ro ht om —i >os wr< o«y r* to m m tk hohhwomi in/07 i a/w I »/> n/i" u/m io/m u/w m/m nm ii/m 10/g" io/oF li/oT li/w~ lfm~ ~n/u~ ~nm~ "ri/S" KHUAMTMMIf I >0/071,653 words
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Advertisement155 1996-07-23 33 /WT ORIENT EXPRESS UNES (U.K.) LIMITED ilfg. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VKSa VOY SWGAfOtt KMMAY VKSfI VOT KMtAY gMWi OwKMumboi 100 18/07 26/07 OwntMwnboi 100 26/07 11/06 LomphunNcw— 200 28/07 05/08 Lomphun Novo 200 05/08 18/08 Elizo 300 04/08 12/08 Eliza 300 12/08 25/08 Oriwtf155 words
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Advertisement856 1996-07-23 34 KSSfL m UN m II IMA SUM PMAN6 SIN HK6 UO IYO SM (OK W6 a not samowyx mn~~ 2/7 sn nn n7f~~Vi mm ugat 30/4 1/7 a/t 3/7 nn xn [ucw6SH*ffltamss mv yf~ sn in vn n/i m "171 W s/i not stows -mviri 5/7 Vn *n wT~ vT856 words
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Advertisement1330 1996-07-23 34 I NOR ASIA InoroSta anu •>» »CL val alo rot ant fel lha MMLTA 9628 3 24 T] ?Sfl7 DIM 13*{M 11M lIM MM ikam <<.y M 4BaA NORKEL *29 3 SMT «I>W nS 2S MM SS SS SS NOR SHANGHAI N3O-3 07 M OMt Mi 2tM «W0 2£ 221,330 words
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Advertisement367 1996-07-23 34 Direct Container Service to •Hl# Fangcheng Zhanjiang rVessel S'pore Fangcheng 7Kar lt**tff UANBAO 09/06 10/06 12/061 /V'^/?tRAISigHUfctHMWN. IWti Pvrpost ROAO C*ritr AnpAf RO/RO, Ramp Capadty tpto 40 tou Heavy Uft opto 68.5 ton Cmwiimd/ kmk Ml /(Mv/lcdbrs CMn -Thai Flag Stohn Mibyw V.24A MM> SAta SAIB 22-24/17 A*Ey» VJ7A 22-24/17367 words
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Advertisement1124 1996-07-23 35 iWW STRAITS SHIPPING PTE LTD "■B JHb 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 tktMk i www conventional stuvtct isnmm container sehvice vpsa vot mini Ivpsa vot iswwottl wkmwT" nmrcsw mm I 20/07 I 30/07 31/07 ouuia jn m who 00/oo n/oo "Mm HOW1,124 words
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Advertisement1177 1996-07-23 35 POUT 10 KM aura 1) (MMJUK MB «M SHMOMi n Mi nui mb omik wii t somoi ant w mokhk 3) 10 HM M HUAKAAO, Mtti, TMM (MfWM) MADKNK <j mm, wenm, warn m mow l. MSP Migrate |®iwrSemin> SmSK i1T~" ZZZLm,*.* EL*£., m*mmm i %Z£ZZZ?»*m *—'"TS'm !aiu>a»£ »Si Sw1,177 words
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Advertisement435 1996-07-23 35 WTtWHP _BL_B_JBL _SI —ttfi II S BK HL _JiL _JBL _ffl_ _JQL _JBL _HL _BK_ _Jfi_ WOOMI/MW 11/y Vfla ryv ft-fr/P Jl/V Jl/V 01/W (MM (Ml 07/W QVM IQ/0I w/w ii/m mm mwm/m JUL&SL JME azlsl JML jsol jml JML JML JMl_im__= um MMNM2ii/mi wv n/fa Mr ii<vm ovm ovm435 words
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Advertisement1326 1996-07-23 36 EUROPE/UK/SCANOINAVIA/FINLANO/RUSSiA SfiP ROM AMW Hie THP LHV IMW THP ROM ANW HBG PKL SGP I E. REWARD RW-618 27/7 16* 21* 17/1 1M 21* E GARDEN RE-664 KM 1/7 2/7- 21/7 E RIGHT RWO24 3/B 23* 28* 24* 26* 28* E BAR LAND RE-C45 7/7 18/7 8/7 11/7 11/1 5*1,326 words
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Advertisement1035 1996-07-23 36 i HI ■■■■■■■■■I k Vissa VOTAGI W M W DM UN IM 111 VKSfI VOTAGI DM AMI DAN |AH SGf I I*COOT 04IMZ7W H/U7 04/ M OW (Ml Q/A» 07/W 07/01 I UMCNAIT *****31E 14/07 IS/07 14/07 17/07 JVD7 uNCOHcatD 04U-03W oi/oi ii/ti ivn ivoi ivv ivn ivn uwowun mh«ie1,035 words
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Advertisement691 1996-07-23 36 gRICHnELD MARINE AGENCIES (8) PTE LTD TEL: *****33 (12 LINES) FAX: *****19/*****03 TELEX: RS ***** RtSHtP (3 Unm) CR NO: **********0E wr ETMOPIAIISMPPM LMES (National Li» of ElMopia) ACCEPTING FCL AND CONVENTIONAL "f 1 Voy EtT Lowing for Spore Abyot 46W8 2&UB Not—not 44W8 2BAW Momten, OfbouM 1 1 I691 words
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Advertisement648 1996-07-23 37 BSA -MM* MYANMA -PUMA FIVE STAR UNE "l\ (Myonmar National lino) Loading for Yo*9oo (Rangoon) VBSE VOT SIM PUG PIN PGU MTOMATWA 140W MPT PATWM 13/W 20/07 MAUYSIA AGMTS: OOUSTIAO SHIPPING AGOKIIS KUL TH 02-03-*****00 P*L TH 02-03-376*101 Kit HI 02-04-*****02 PGO: TQ 02-07-*****21/4 BANK LINE (A sorvko of Aodrtw648 words
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Advertisement969 1996-07-23 37 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****61 pna p« wo vtssa/voT vot I Si'l m ant hh han at > rn 24/97 M/ 07 27/07 H. FIONTKR JIIW W/07 14/00 11/ M 70/01 11/N 11/N N/N Jl/07 01/07 01/07 HIGNUUNMI 177* OS/N 2 J/N 2S/N 27/N969 words
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Advertisement480 1996-07-23 37 FAMOUS CONTAINER UNES _JJ^ 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) Weekly Sailing To SCANDINAVIA Jl J /> i\o O>PV f<V7 1 pS 4 I. S r yv i Beigen Oslo I Helsinbr f J_ I riCIJUmI Stavanger uramrpfen s fl f S Stockholm SOfH&BURG j-r480 words
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Advertisement45 1996-07-23 39 To retrieve more schedules, just follow these simple steps... document ial be faxed O Select the port MEnter your Step key in the four number 0M digit code Key in your Example: L-, fax number To HAMBURG (HAM) 21 SO for calls within Singapore GeffUßny45 words
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Advertisement543 1996-07-23 41 Tropical wnkivLaiKLsarvkM ISH^™G2^r 4C ,^o, MAERSK ASIA MARGRETHE OCTAVO 9631 MAERSK 9605 Port Coonlry 29/07 06/08 Balize Cily Balm 01/09 09/09 Bridgetown Bcwtodoj 04/09 12/09 Ctxlogana Colombia 03/09 11/09 Caitriai St. Locio 03/09 11/09 w Fort de France Martinique 04/09 12/09 r Fraeport Balwmoi 30/08 07/09 **#>00 Jamaica 01/09 09/09543 words
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Advertisement1273 1996-07-23 41 ADVANCE CONTAINER LINES (PTE) LTD j\ f"™ I C«cM Street, #12-00, PIL Building, Singapore *****0 ZZZZMV/L: TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA (5 Sailings/Wart to PAT, 2 Sailings to BMT. 2 Sailings to LCM) ia POpAUTMOgipTMAIIAWP VESSft VOY SM BKK SM VfSSR. VOY1,273 words
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Advertisement832 1996-07-23 41 VESSELS V 0Y S™ PAMgTTA LE HAVRE HAMBURG Tl IAAACBTOfIT namßDm AMTWW VB-LE 06 VELA VI 9ft 2307 04/08 13/0814/08 IIVOB 17/08 IMB VILLE DC CAPELLA TI6W 3007 11/08 20*08 21/08 2MB MCt 2M6 VILLE DE LIBRA LI6W 08/08 18/08 27/08 2MDB 30/08 SMS 02/0* CAUFORHAOWON UI6W 1208 Q« OMR832 words
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Advertisement1254 1996-07-23 42 llggSiIS&DIBSHIBl •i IVESm I VOY I SIN JKT [VESSEL VOY SIN PEN l^B SJJ EAQLE TIDE* 137 ~Tu. In Pt St 27/07 B.MAS QUA «108 Tu. In Pi ~Thu 2V07 NAMTA BHUM Tt hpt OT/B7 WNA PHyM £SS Wd 24/07 Sun 26/07 j*""."""* 1 >7g_ JThu 2M>7 St 27/07 —25591,254 words
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Advertisement656 1996-07-23 42 11 DUXTON HILL, SINGAPORE *****5 CR **********0N STftAfTS SHUTTII URVICI PORT KLANG PINANO VUMI VOT WN Wit VlMft VOY mT MM AUCAIO 6032 WCD 74/07 THU 85/07 OTA V ***** TUC 23/07 M 0 y MA LINK 441N THU 25/07 F«U 26/07 LUCK 6003 Htl 26/07 SUH M/OT AUCAIO 6033656 words
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Advertisement255 1996-07-23 42 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET •ooKiHvtHQimm!*™™ cf 14 TEL: 323 1133 -j FAX: 221 4083/50/88 vissa VOT sunt sain dcstiutkm GULF SUUUI 15/H 21/07 31/0? nAN/MBMK SWNBKI li/H 21/W 31/07 rORIMMK/SORBE «a 11/* 21/0 31/B7 KBtGKUUI/nkOANS SMUT 10/N 25/57 27/07 JAJUm/MOME MWI IV* 21/07 31/57 iMUIMMMK GUfOUUO 10/*255 words
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Advertisement655 1996-07-23 43 SINO EXPRESS SHIPPING (PTI) LTD. w M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m m V TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX tINOTMNS SHANGHAI (COHMIMM SIRVICI) Also occepting container cargo to: VBSEL/VOY ETA SIN ETAHK6 ETA SHA W/T HKG; Baiioo.Chiwon, UN FU 9613/9614 26/07655 words
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Advertisement793 1996-07-23 43 laai mn container LINES, INC Ageirtr MAC-NEU SPOHE: *****22 (24 LU«) kucmno wk)*** I*• IYY J QWWOi IMWrmm MBU: (094)*****9 MANLA: MXZ) vtasasi W *****6 BANGKOK: (062) *****67 BURABAVM3I) *****0 P. KRANG: (03) *****77 JKT. (21) 6W610T MJN; |61) *****3 BAWDUNtfcgt) *****96 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PORTS VSL/VOY ETA SIN793 words
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Advertisement374 1996-07-23 43 fag) WENDER CONTAINER UNESZ ATTRACTIVE 1 FCL/LCL RATES TO: J Indian Sub-Continent Ports: t MADRAS/BOMBAY/ Z CALCUTTA COLOMBO CHTITAGONG NHAVA SHEVA PORT KELANG PENANG= MADRAS WWSHPG FWDG (P) LTD TEL: 91-44-534 0450 FAX: 9144-534 0200 BOMBAY WWAGENC3ES PVT LTD TEL 91 22-207 5832 FAX: 91-22-207 5831 "Z PKLANG SUASA MASYHUR374 words
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Advertisement261 1996-07-23 44 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 7 40- 60 00 If you need insurance coverage for your cargo, look no further. NTUC INCOME'S Cargo Insure-Line has just the plan for your importing and exporting business. Just consider our advantages. It's easy to apply.261 words
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Advertisement49 1996-07-23 44 INSURE TOUR CARGO WITH THE LEADER IN INSURANCE n MCOME The Integrated j Logistics Specialist <> Freight Links Express The reliable jjj service for your Intra- I Asia moves I WL MARINE TRANSPORT RESOURCES (S) PTE LTD The Leader in Marine Sealing System j mm iJjMßnel Awmvbmol S ti laovr49 words
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Advertisement271 1996-07-23 44 I M advertise in Business Centre V' 1' now I I request for Document Cod# i] 8000 —t >H ShipplnoTimes Business Centre Advefttotaf UuU fetfvcn yo«r '""•Ihm* hrt» through the buc Are you looking I jl for a freight P.. Am: <rforMgwder 3 WhoiS.., Call SFFAI 0 Reliable 0 Efficient271 words
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Advertisement230 1996-07-23 45 CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I SRAHIIKV household removal and air cargo SERVICE I EXPRESS PTE LTD 1 LCL CONSOLIDATION SERVICE Ah ittillstu at Mitsui OSK Lints/Hal Sun Hup Group rrr QWfWW UA EEQfll 10* oTnT Areata xCSfflfc, *BA TOKYO/YOKOHAMA/NAOOVA/KOag M/ 07 (XAW 11 AW tingMnn oim (•nlua! hqhokohq »i/dt mm IV230 words
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Advertisement58 1996-07-23 45 Regular LCL/LCL Consol Services special low rates .<• >£, --k c 4- t■ t HONG KONG JAPAN PORTS CHINA USA •JAKARTA (INUND POINTS) SURABAYA SURABAYA (BASE PORTS) RUSAN °rr. HW«d P >o i m» MANItA JSB G UNK EXPRESS PTE LTD U: 531 7011 FtcSn/01l UNK LQ CONSOLIDATION SERVICE YANGON58 words
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Advertisement119 1996-07-23 46 I NOTICE TO ALL USERS OF I I CONTAINER FEEDER SERVICES I m The CFTC has conducted a meeting and ascertained that there was a great improvement of vsl turnaround time in CTG for the month of June 1996. Therefore, the CFTC is pleased to announce that the CCS will119 words
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Page 46 Miscellaneous
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Miscellaneous118 1996-07-23 46 LEGEND: R Thunderstorm Temperature •<, v Shower Weather _X Wind drecbon with speed in knots ee Rain >—) Cloudy Sky Wov h *9 ht Swfjce winds are indicated by arrows which «y with the wind O Oneful cirde represents calm or fight and variable winds W One half Heche represents118 words
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