The Business Times, 13 August 1996

Microfilm: NL20625
Total Pages: 44
1 44 The Business Times
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  • 2ND QUARTER 1996 BCOWOMIC SURVEY OF SINGAPORE
    • Article, Illustration
      Financial sector healthier than what figures say: MAS
      477 2  -  Its 9WI ctmpiUtko AiwimOyiw 10% ii Q2 aid is set MfnritM-lM fcrrwttf the twit By. Anna Teo THE financial sector is healthier than its 3J par wrt secondquarter growth slowdown suggests, says ths Monetary Authority of Singapore (MAS). According to MAS' estimates
      477 words
    • Article, Illustration
      There's life after the electronics slump
      615 2  -  Growth of 7% Is respectable by any standard By Vikram Khanna Responding to the second-quarter growth numbers, the stock market appears to have got it about right. It moved just a notch down on close to record-low volumes. The numbers were not great news,
      615 words
    • Article
      Manufacturing hit by slower growth
      378 2  -  Oily pull.liar*** products did betto* ii Q2,grtwingl3J% By Denesh Divyanathan ALL but one of the top 10 manufacturing Industries saw poorer performances in the second quarts. Output in the transport equipment industry, in particular, shrank 11 percent in the quarter after a L 2 per
      378 words
    • Article
      Second-half: commerce, services upbeat; more manufacturers bearish
      343 2  -  ■jr Denesh Divyanathan MANUFACTURERS were sharply downcast about business prospects in the second half, but those in the commerce and services sector were rather more upbeat That sums up the findings of the latest business expectations surveys of the manufacturing and services sectors
      343 words
    • SURVEY Snippets
      • Article
        Second quarter P to .7b
        34 2 GHOSB domestic product (CH)fO grow to|Bl?b8tto!i at )oqa *>mriil in itiif liliril* half a wfviniiMA|nt man? «s UfvvlWiK|WMQjnv twin m In seesonanySusted,annuaiis«dtMSths growth transtsfta ft* wmnto 1,1 v 1
        34 words
      • Article
        Most senters' Q1 growth revised upwards
        48 2 EXCEPT for manufactory the first-quarter growth Qgurea for aii sectors have been revised upwarta: commerce from 9.2 to 9.5 per oent. most notably, construction from 18.4 to 2&6 per cent pumatectunnggrowtnwas adjusted wvusanaiirou Hi was up O2ofa point to KU per cent
        48 words
      • Article
        Demand growth slowed in Q2
        65 2 GROWTH in all segments of demand—external and 4|>g domestic—slowed in the second quarter. External > demand grew 8.1 per cent, down from 14 per cent in the first quarter. Growth in consumption expenditure stowed to 7.7 percent, with public spending growing 15.1 per cent (from
        65 words
      • Article
        More jobs; productivity growth slows
        62 2 ALL sectors except manufacturing saw a net increase in )ohs in the second qi|H§A total of 36,100 to the economy. The unemployment rate roee to lifer H*J cent in the second quarter, and productivity growth wa* down to OS per cent All sectors showed productivity
        62 words
      • Article
        More construction contracts
        47 2 forecast of billion oontracts to be awarded this year is likely to be raised in view of the large volume awardatf 1 Survey of Singapore. The second qwlirsa«jsl®||| of' i null>i hi hiiii ilml ii|i TT |inll iiiiiniim»|li«r aS9 percentiiirge in public sector contract*.
        47 words
  • Page 2 Advertisements
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      126 2 i- W IS. I Office access, air-con, 11 Promotional rental rate ***** sq. ft 400 sq. ft| maintenance security. 11 from only Ss2oool 11 with flexible lease. I ABSOLUTELY ENJOY VALUE-ADDED EXTRAS NO HIDDEN COST Worldwide discount on accommodation I rates at all hotels under CDL Hotels 24 hours access,
      126 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      296 3 BREITLING 1884 v > j.,■■ t.V. S .v. d v- —^^-^-y;«n»^— rHPnwnuAT Selfwinding mechanical chronograph calibrated to Vsth of a second. At a time when instruments routinely 30-minute and 12-hour totalizers. monitor flight data at Mach 1 miles above the V 9!S 0 iOU 11* Power reserve m excess of
      296 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Microsoft to up staff here by 30% to 65 by year-end
      334 4  -  US computer giant working on a couple of trials ia S'pore One project By 1 Toh Han Shih US computer giant Microsoft will boost its Singapore staff by 30 per cent to 65 by the yearend, the company's new
      334 words
    • Article
      ITC denies it plans to close local unit
      266 4  -  Ang Wan May THE parent of a commodities trading firm here yesterday denied a news agency report that it planned to close the local unit. ITC Ltd of India said the AFX-Asia report, which quoted the Business Standard of Calcutta, was speculative.
      266 words
    • Article
      SM Lee advises US firms to tap Asian labour
      384 4 AMERICAN companies must set up subsidiary bases in North-east and South-east Asia if they hope to beat the Japanese in the global competition for projects and cheap labour, says Senior Minister Lee Kuan Yew in an interview with Forbes magazine. Unless
      384 words
    • Article, Illustration
      SDP cover-up makes mockery of Parliament, says BG Yeo
      487 4 HEALTH Minister George Yeo will file a complaint against the Singapore Democratic Party research team for contempt of Parliament after its members made a representation riddled with contradictions at a Select Committee hearing yesterday on healthcare subsidies. At the end of
      487 words
    • NEWS Roundup
      • Article
        Wong Ah Long named Suntec MD
        80 4 SUNTEC City Development said yesterday it has appointed the former general manager of DBS Land, Wong Ah Long, as managing director. Mr Wong has held manager positions with PT Darmo Satelite Town, the Singapore Technologies Group of companies and the Salim Group. He has
        80 words
      • Article
        Big trade, investment mission off to KL
        123 4 THB Singapore Trade Development Board (TDB) and the Singapore Confederation of Industries (SCI) axe leading a 100-member trade and investment mission to Koala Lumpur from today until Thursday. Highlights of the mission will include separate business dialogue sessions between members and Malaysian Prims
        123 words
  • Page 4 Advertisements
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  • FOCUS: PROPERTY
    • Article, Illustration
      Add airport to MRT map
      681 5  -  TBBPBOPBBTT OOUUMK Tourism, property, other areas stand to benefit from a rail link to Changi By Lee Han Shih IT IS now 15 years since Singapore opened its modern airport in Changi, but the millions of people who travel to and from the airport every
      681 words
    • Article
      US service apartment firm opens Asia-Pacific HQ in S'pore
      350 6  -  Oakwood Corporate Housing plans to expand into 18 Asian cities By. Diana Oon [SINGAPORE] A US-based service apartment management company, Oakwood Corporate Housing, has opened its AsiaPacific headquarters in Singapore. Oakwood International, the company's international division, will be expanding into 18
      350 words
    • Article
      81 out of 122 Montrosa units sold
      211 6 [SINGAPORE] Lauw Development has sold 81 out of the 122 units at its Hillview development Montrosa, launched over the weekend. Marketing agent Edmund Tie and Co (ET&Co) said yesterday that units at the 999year leasehold condominium development, near City Developments' Pare Palais condo
      211 words
    • Article, Illustration
      Lock icon Beijing plans new regulations for real estate sector
      212 6 Move aims to clamp down on profiteering property agents AFP [BEIJING] Beijing is planning action against real estate agents who mislead potential buyers in a headlong rush for profit, the China Dally reported yesterday. "What they have done has seriously discredited the
      AFP  -  212 words
    • Article
      Lock icon Teenage tycoon plans skyscraper in Vietnam
      326 6 Bloomberg Business News [HANOI] Lars Windhorst wants to build Vietnam's first skyscraper. Problem is, he's only 19 years old. The "teen tycoon", as the newspapers call him, made his name buying mother boards, controllers and microchips for computers in Asia and reselling them in
      Bloomberg Business News  -  326 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      220 5 THE RIGHT a BUSINESS LOCATION jJ IS YOUR ASSET tjffl Orchard Building, Every astute business decision maker knows that ft/ jP l^ there can be no better location for an office than WA. si*/ is i where the business is. The new Orchard Building, yX. I situated at the junction
      220 words
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      Page 5 Advertisements Column 2
      74 5 Suffering from overwork? Travel through the tours section of The Straits Times Classified for that much needed break. I CAT A 1 1100-737-1144 a rented office is only a temporary jjWj solution commercial property financing Why rent when you can own your office premises? We offer a flexible long-term financing
      74 words
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      Page 5 Advertisements Column 3
      292 5 [^HHHH|^|^H^H'92^shi^MßHHßVH^M|hvsihbibbiib^H^HH|H||^B« PRIME FREEHOLD COMMERCIAL/RESIDENTIAL SITE AT ROBERTSON QUAY Site Area: 6,472.4 sq m/ 69,668 sq ft., with an Very accessible, just outside CBD additional 110 sqm/1,1845q ft which can be Strategic location within Robertson Quay r| used for plot ratio calculation (subject to survey) Upcoming area for quality waterfront I
      292 words
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  • Page 6 Advertisements
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      191 6 Investment For Sale Tender Condominium Site At 16 Nathan Road recency park A freehold development site opposite Regency Park in District 10 with a site area of 4,421.1 sq m suitable for nV/ 4 storey condominium development M at 1.4 plot ratio plus a conservation /yMALAYSIAN HICHCOMMBSK>N bungalow as a
      191 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesian power plant delay: Hopewell unit warned
      148 8 JAKARTA Reuter INDONESIA said yesterday a power plant being built by Consolidated Electric Power Asia (Cepa), a subsidiary of Hongkong's Hopewell Holdings, was behind schedule and it had warned the company that its contract could be terminated. Mines and Energy Minister Ida Bagus
      Reuter  -  148 words
    • Article
      Lock icon Govt to probe abuse of power
      376 8 TEMAGA NASIOMAL WOES Internal andit report finds irregularities, including approval of contracts without open tender Reuter [KUALA LUMPUR] The Malaysian government will investigate claims of mismanagement and abuse of power in power utility Tenaga Nasional Bhd detailed in an internal audit report, Prime Minister
      Reuter  -  376 words
    • Article
      Lock icon IPPs propose joining hands with Tenaga
      344 8 KUALA LUMPUR Bernama PENJANABEBAS, the association of independent power producers in Malaysia, wants to form a consortium with Tenaga Nasional Bhd (TNB) to improve the reliability of power supply, said Powertek Bhd managing director Lim Ewe Jin yesterday. Mr Lim, who is also the
      Bernama  -  344 words
    • Article, Illustration
      Lock icon Fugitive activist linked to riots arrested
      509 8  -  JAKARTA Observers believe PRD leader will probably be charged with subversion By I S N Vasuki INDONESIAN authorities have detained fugitive activist Budiman Sudjatmiko, the leader of a small political party that the government accuses of instigating riots in Jakarta last month. As the
      REUTER  -  509 words
    • Article
      Lock icon KL, Yangon to sign trade pacts during Mahathir's visit
      164 8 KUALA LUMPUR Bernama Reuter MALAYSIA is expected to sign several trade-related agreements with Myanmar when Prime Minister Mahathir Mohamad visits that country soon, Foreign Minister Abdullah Ahmad Badawi said yesterday. The agreements are on investment guarantee, avoidance of double taxation and
      Bernama; Reuter  -  164 words
    • Article
      Lock icon Opposition leader calls for probe into defence purchases
      281 8 KUALA LUMPUR Reuter MALAYSIA'S parliamentary opposition leader yesterday called for an inquiry into allegations by an air force general that the defence ministry had bought sub-standard equipment from former officers. Royal Malaysian Air Force (RMAF) chief Lt-Gen Abdul Ghani Aziz, in a
      Reuter  -  281 words
    • Article
      Lock icon Keep non-trade issues off WTO agenda: Rafidah
      286 8 KUALA LUMPUR Politically motivated issues will lead to regionalism, she says AFP MALAYSIA'S international trade minister warned yesterday against the inclusion of non-trade issues on the agenda of the World Trade Organisation (WTO). International Trade and Industry Minister Rafidah Aziz said "politically and
      AFP  -  286 words
    • Article
      Lock icon Vietnam plans mini-city on outskirts of Hanoi
      223 8 HANOI Reuter VIETNAM is planning to build a "mini-city" on the outskirts of Hanoi as an international centre for business and cultural exchange, the official Vietnam News Agency (VNA) said yesterday. Described as a "meeting place for Vietnam and the rest of llic
      Reuter  -  223 words
    • NOTE Book
      • Article
        Lock icon M'sia calls for Asean IT link
        86 8 AFP (KUALA LUMPUR] Malaysia yesterday called for its planned information technology area to be linked to similar developments in the Asean. Energy, Telecommunications and Post Minister Leo Moggie said some Asean countries could also be developing areas similar to Malaysia's multimedia super corridor. "Therefore,
        AFP  -  86 words
      • Article, Illustration
        Lock icon Vlet fans of HK stars
        54 8 AFP [HO CHI MINH CITY] Youngsters choosing portraits of their favourite Hongkong movie stars on the pavement of Ho Chi Minh City's Le Loi street on Saturday. For US$l (551.40), they can have 20 small portraits of different actors and actresses starring in movies on
        AFP  -  54 words
      • Article
        Lock icon Indonesia to sign 60 new mining deals
        59 8 Reuter [JAKARTA] Indonesia said yesterday it would sign around 60 new contracts, possibly next month, for the mining of coal and gold. Kuntoro Mangkusubroto, director-general of mining at Mines and Energy Ministry, told reporters that most of the contracts would be signed with
        Reuter  -  59 words
      • Article
        Lock icon China may remove Spratly structures
        106 8 AFP [MANILA] China is agreeable to removing structures it built on a reef in the Spratly Islands, which Is also claimed by the Philippines, In South China Sea, a Manila newspaper reported here yesterday. The Business World quoted Defence Secretary Renato de Villa as saying
        AFP  -  106 words
  • Page 8 Advertisements
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      227 8 H YOU WONT Cold Dish Combination Variety Cold Dish Braised Shark's Fin with Crab Roe Braised Shark's Fin with Crab Meat FIND MORE Fried Chicken in Plum Sauce Roast Suckling Pig AUTHENTIC steamed Garoopa Steamed Ramfret Fried Prawns in Pepper Sauce Sliced Goose Meat ■I TEOCHEW Sliced Goose Meat Fried
      227 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Parly paper reiterates vital role of foreign funds
      431 9 BEIJING Some newspapers had called for freeze on joint ventures in certain sectors AFP THE flagship of China's Communist Party closed a simmering debate on the role of for-eign-funded enterprises yesterday by stating that Beijing's commitment to overseas investment was unshakeable. In
      AFP  -  431 words
    • Article, Illustration
      Lock icon That sinking feeling
      67 9 [BEIJING] A Chinese labourer collecting water from a puddle on a road in Bering yesterday after days of heavy rainfall in the (xipital A recent iriternational geological conference in Beijing warned that Shanghai, China's largest city, would be seriously qffiected faction was rwt taken to stop the
      AFP  -  67 words
    • Article
      Lock icon Vast oil, mineral wealth yet to be tapped, says official
      206 9 U BEIJING AFP CHINA is sitting on billions of tonnes of undiscovered reserves of oil, coal and minerals, an official said in comments published yesterday. Scientists have discovered only 17 per cent of available oil reserves and only 28 per
      AFP  -  206 words
    • Article
      Lock icon Foreign law firms flocking to Shanghai, says report
      92 9 mSHANGHAI AFP SHANGHAI'S booming economy has drawn 21 foreign law firms to the city, whUe another 60 appUcations are awaiting approval, the Xinhua news agency reported yesterday. The report said since the first foreign law firm was approved in July 1992, firms
      AFP  -  92 words
    • Article
      Beijing, Democrats no nearer accord
      429 9  -  HONGKONG Party says it still won't allow members to take part in transition committee By( Quak Hiang Whai THE Chinese government and Hongkong's Democratic Party appeared no nearer to a rapprochement despite recent signs that Beijing is easing its stance towards the pro-democ-racy group. The
      429 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      45 9 1,900 Square Feet Apartment FOR SALE ($750,000) Private Property Owners are welcomed to invest in this rare apartment in Tampines. Estimated initial cash requirement is $160,000. Investors must comply to Housing Development Board Criterias. For viewing, please contact owner at Pager *****409 or Tel: *****48
      45 words
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      Page 9 Advertisements Column 2
      454 9 The 100-metre dash in 3 minutes, 47 seconds. Could this be a new world record? iliiff H T I Incredible but true. Our latest inkiet produced this 360 dpi. and works brilliantly on plain paper too. I 4 photographic quality colour print in under 4 minutes. Experience the Epson Stylus
      454 words
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  • ASIA
    • Article
      Lock icon Supreme Court to hear Rao's appeal next week
      409 10 NEW DELHI It bars lower court from proceeding with cheating case implicating former premier until verdict Reuter INDIA'S Supreme Court yesterday took up an appeal by former prime minister P V Narasimha Rao over a criminal case and immediately decided to adjourn
      Reuter  -  409 words
    • Article, Illustration
      Lock icon Colombo urged to open up infrastructure sector
      330 10 SEOUL USssom concessional loan package and a USs3a grant agreement signed AFP PRESIDENT Kim Young Sam yesterday called for greater South Korean involvement in Sri Lanka's economy at a summit meeting with visiting Sri Lankan President Chandrika Kumaratunga. Mr Kim, whose government is
      AFP; REUTER  -  330 words
    • Article
      Lock icon Major abuse of credit database detected
      160 10 TOKYO AFP THE Federation of Credit Bureaus of Japan said yesterday that some of its members had been found abusing its database to obtain confidential information about borrowers over a six-year period. The federation suspects the data was sold illegally to outsiders such as
      AFP  -  160 words
    • Article
      Lock icon US$18b deficit forecast
      139 10 I SEOUL AFP SOUTH Korea's ministry of trade, industry and energy has drastically raised its 1996 trade deficit forecast to US$lB billion (5125.49 billion) from the original US$7 billion, Yonhap news agency reported yesterday. The revision was prompted by the continuing weakness in export growth and falling
      AFP  -  139 words
    • Article
      Lock icon S Korea to spend 60t won for greener nation
      196 10 SEOUL Reuter SOUTH Korea, concerned over a deteriorating environment, said yesterday it would spend nearly 60 trillion won (Sslo4 billion) by the year 2006 on projects for a "greener" nation. Projects to expand the water supply, waste processing plants and other
      Reuter  -  196 words
    • ASIA Notes
      • Article
        Lock icon Russia to repay S Korean loan with arms
        43 10 AFP [SEOUL] Russia is to repay put of a US$l.47 bfflkn (89$ i billion) economic loan from Sooth Koraa with advanced ♦«nk» mtMtlM miH nfhfT mtlttwy •qn>pww« TKa pa klh|« is worth US$l5O million, —AFP
        AFP  -  43 words
      • Article
        Lock icon Howard advised not to meet Dalai Lama
        44 10 AFP [SYDNEY] The Department of Foreign Aflkir* and Trade I has advised Prime Minister John Howard against meeting the Dalai Lama to avoid straining tiee with Chins, already upset by a minister's planned visit to Taiwan. —AFP
        AFP  -  44 words
      • Article
        Lock icon N Korea hits out at Japan
        54 10 AFP [TOKYO] North Korea accueed Japan yesterday of reaching "the height of ahameleaeneaa" with claim orer a couple ofdisputad islands in the Sea of Japan which are 4 occupied by South Korea." Japaneee authorities are openly revealing again their wild ambition to expand their
        AFP  -  54 words
      • Article
        Lock icon India food poisoning: death toll rises to 29
        43 10 AFP [BOMBAY] Twenty-nine textile mill workers hare died ao Car and nearly 100 others are aerioualy ill after eating contaminated food at a party in the nearby toduatrial town of Bhiwandi on Aug 6. AFP
        AFP  -  43 words
  • Page 10 Advertisements
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      862 10 8 OVERSEAS UNION ENTERPRISE LIMITED (Incorporated in The Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Enterprise Limited is pleased to announce: UNAUDfTED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1996 Tftt Company TheQroup 1996 1995 1996 1995 SS'OOO S$'000 SS'OOO S$'000 Turnover 67,649 66.889 1.14
      862 words
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      Page 10 Advertisements Column 2
      63 10 10W COST SPACE IN INDU Ready to use for Warehou»inq/Dislribution/MqnufocturBnfl For Safe/Lease/Joint Ventura Location Central India. Wbl connected to aB of Indio by air/rail/road (sea port overnight by road] Size 30,000sq.ft.(appro*) all grounaleverin3Bldgs. First-dass RCC construction with ROC roof on 3.8 acres land Cost For Sale SSI .2M Ss4o/sq. ft.
      63 words
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  • THE WORLD
    • Article
      Lock icon TWA crash: Probe shifts focus to plane's mid-section
      237 11 NEW YORK AFP INVESTIGATORS have begun focusing on the mid-section of the TWA 747 that crashed off New York after relatively undamaged luggage containers dimmed theories of an explosion in the forward section of the plane, according to a report yesterday. The
      AFP  -  237 words
    • Article
      Lock icon US manufacturing sector likely to slow in 3rd qtr
      381 11 NEW YORK GDP growth seen falling to between 2% and 2.5% in 3Q against 4.2% in 2Q Reuter THE US manufacturing sector will probably slow in the third quarter, with firms expected to check the pace of building inventories, analysts said.
      Reuter  -  381 words
    • Article
      Lock icon Plans to rewrite key US index
      189 11 NEW YORK Reuter THE Conference Board, a provider of important US government economic data, is planning to rewrite the recipe for its index of leading economic indicators, The Wall Street Journal reported yesterday. The change would be the first since 1989. The New Yorkbased
      Reuter  -  189 words
    • Article
      Lock icon Turkey signs US$20b gas deal with Iran
      207 11 TEHRAN Bloomberg Business News TURKEY sealed a US$2O billion (5528.2 billion) agreement with Tehran for the purchase of natural gas one week after US President Bill Clinton signed legislation to punish foreign companies for investing in Iran. Turkish Prime Minister Necmettin Erbakan signed
      Bloomberg Business News  -  207 words
    • Article, Illustration
      Lock icon Pot luck
      56 11 [KLIN, Russia] A resident of a village near Klin, halfway between Moscow and St Petersburg arranging a display of kettles, pots and towels to would-be customers passing by along a busy highway on Sunday. Many Russian factories, caught in a severe economic crisis and unable to pay their
      REUTER  -  56 words
    • Article
      Lock icon Tobacco giants under pressure head East
      330 11 LONDON Firms seeking new markets in E Europe and Asia, say experts Reuter TOBACCO companies, hurt by claims of damaging smokers' health and litigation, are toning down some advertising in the West, while seeking new markets in Eastern Europe and Asia, experts said yesterday.
      Reuter  -  330 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      429 11 CEOs won't foil to notice the management principles j ofDmcker and de Bono in tine new Mazda Royal Classic. t c' KHM r- G— r t i.^^^MMHrilf^ y i*•'; -c Rffl im --4 t ■■■■m rr M Vim Vlßn H i? w^&v<£j3K»<J&ag32g3B^airOJ%Mi K 4* -^^1 I 4 I i Thinking,
      429 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Tokyo walks tightrope on nuclear power
      788 12  -  OPINION THB BOTTOM LDVB By Anthony Rowley The writer is BT's Tokyo correspondent WHEN the 20,000 residents of the northern Japanese fishing and forming community of Maki voted last week to reject the building of a nuclear power station nearby, the authorities' response was
      788 words
    • Article
      IN OTHER WORDS
      113 12 'Why don't (critics) disagree with the Malaysian policy where they're building the Proton? Why don't they disagree with the Indian policy on Suzuki?' -TanqrSikarto on Indonesia s national car project. 'We're seeing the first fast-food generation that was brought up by a fast-food generation.' Qadm Batner publisher
      113 words
    • Article
      A difficult 12 months for Banharn
      624 12 EDITORIAL BUT for Thailand's first ever Olympic gold medal, clinched at the just-ended Atlanta Olympic Games, Prime Minister Banham Silpa-ar-cha would not have much to cheer about on the first anniversary of his government It has been a difficult 12 months. His government has
      624 words
    • Article, Illustration
      Lock icon Work-wages puzzle
      1097 12  -  Do low wages ensure high employment for unskilled workers and high wages doom them? Not according to recent studies By\ Stephanie Flanders Financial Times ECONOMISTS have drawn a grim lesson from labour market trends in the United States and Europe since the mid--*****: that these days you can
      Financial Times  -  1,097 words
    • Article
      WHAT THE OTHERS SAY
      835 12 US legislation to penalise non-US companies involved in energy deals with Iran or Libya is causing political and trade tensions. More fundamentally, the allies are again at odds over whether those states are engaged in exporting terrorism. It is important the issues are kept distinct as
      835 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      34 12 DOOMESBPRY By Garry Trudeau O£U,.YOU*6HrA6KI HW 5 OH, MY WHAT... I NONA FRSB TRIP |fc r ana> turn l/JULUt .jX OOP. BON JOUR. HOW-.* TO PAHS FROM A ML FROM A .JF UB& TT
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Coppola back in Hollywood
      737 13  -  The legendary director has chosen to play by the rules for now, so that he can finance his own films, says sub zexdler SUE ZEIDLER Reuter After years of battling the system, director Francis Ford Coppola, known for such moody epics as The Godfather and Apocalypse
      Reuter  -  737 words
    • Article, Illustration
      Lock icon A celebrity launch for the fest
      493 13 EDINBURGH ARTS FESTIVAL Ex-Bond star also dedicates film Dragonhead to the 16 children killed in DnnUane tragedy Reuter [EDINBURGH] Sean Connery gave the Edinburgh festival a celebrity launch on Sunday, kicking off three hectic weeks of film, theatre, music, dance and comedy. Connery, who
      Reuter  -  493 words
    • Article
      Lock icon Connery's Bond again as a fiery dragon
      405 13 FILM Reuter [EDINBURGH] Sean Connery, the former Scottish milkman who became fictional secret agent James Bond, is now enjoying a new incarnation as a 5.5-metre high fiery dragon in the most remarkable transformation of his 45-year career. In his latest film Dragonheart, Connery
      Reuter  -  405 words
    • Article, Illustration
      Lock icon A rare deal or a reputation in the making?
      1209 14 GOLF Brooks turning into an executioner of local favourites in sudden death NYT [LOUISVILLE, Kentucky] For most of his dozen years on the Professional Golfers Association Tour, Mark Brooks has been something of an enigma, a taciturn Texan whose reputation was
      NYT; REUTER  -  1,209 words
    • Article, Illustration
      Lock icon Valhalla passes its first major test in PGA championship
      577 14 GOLF Kentucky clob will get chance to host event again in year 2000 Reuter [LOUISVILLE, Kentucky] Valhalla Golf Club, where Mark Brooks won the PGA Championship with a dramatic flourish on Sunday, passed its first "nudor test" and is being rewarded
      Reuter  -  577 words
    • Article, Illustration
      Lock icon Seles defeats Sanchez Vicario to win Canadian Open
      560 14 TENNIS Top seed makes only four unforced errors in defence of her title Reuter [MONTREAL] Monica Seles successfully defended her Canadian Open title on Sunday when she defeated secondseeded Arantxa Sanchez Vicario of Spain 6-1 7-6 (7-2) in the final. Seles, the
      Reuter; REUTER  -  560 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      51 13 SIN SOON HUAT LIMITED Our Heartfelt Thanks. We'd like to take this opportunity to thank all customers and business associates for their support in making this move possible. As from 12 August 1996, our new premise will be a state-of-the-art, high intelligent building located at 19 Jurong Port Road, Singapore
      51 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
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      51 words
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      Page 14 Advertisements Column 2
      153 14 NOTICE TO THE HOLDERS OF BONDS OF Pokka Corporation ¥8,000,000,000 1% par cant Convertible Bonds due 1996 (the "Bonds") Pursuant to Clause 7(E) of the Trust Deed dated 30th September, 1993 relating to the Bonds (the "Trust Deed"), you are hereby notified as follows: 1. Pokka Corporation has made an
      153 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      552 15 I L. ihT SII Where to wine, dine and entertain Set Lunch H Dinner Flavours at Meisan ffPj S$ 18.90+++ per person Sj SS2B.9o+++ per adult; $14.90+++ per child jj*&l Make your reservations today! Call 731-7996. jj|g A minimum of 2 diners JjW is required for set menu ofders. SBMHBAN
      552 words
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      Page 15 Advertisements Column 2
      117 15 i o^X C \L Soup of the Day 1-31 August 1996 Throughout the aonth of Au^st, when you sit down for dinner at Xin, we will welcome you with oar Soup Of The Day, served piping hot and with our coapllaenta, to start you off on a most satisfying dinner.
      117 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      709 15 TV&RAPIO TlNMriMWlft rmmmM ILM Tuesday Premiere Ice TJO Kathal Kathal (T). ph tv,J wi«rw!!J Cream Man (See Our 7M Tamil Seithi(7P. 1M PM The Winners. Choice). &M Berita 12. 1M Money, Money, Money. HH AM VRS. CM Konse* Mesra. How t0 Succeed in Busi- iaw in Living Color. tiSO Muzik
      709 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      197 15 CKVPTIC CROSSWORD 1 Six-footer, a vulgar man, cap- —LJ—U— sword (8) "J_J_J__|__LLL ITn i 10 Brick carried by paramedic 12 Go a different way, having a quantity of work in nightdub (7) 14 For example, hearing intelli- gent comment (5) ***** I I I I 15 Musk: for service unsatisfac-
      197 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      Mountainous task in a lush valley
      1725 16  -  A long and arduous course at the Kristal Golf Resort in Penang requires you to weave your ball through narrow boundaries, says KumAva Dtaun NICKLAUS D'CRUZ The writer is editor of Ttm Asian Oo^Rtview This review andfiailm information about golfing tn Asia are available
      1,725 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      348 16 mi te ki> t -x >v s m?*u z Thank heaven for things ,i mi l i« we can still believe in. *Hz ?SUv i There are few tMaft la Ufe today that cars, compromise is (till a concept that is times. Seats ar« adjusted over 19,000 times people fe
      348 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon OUB interim net earnings up 22.3% to $142.1m
      465 17  -  Bjuik earnings above $100 m fpr first time; igjM stowing in line with expectations Bk Paul Leo fMKGAPORE] Overseas Union Bank yesterday reporta 22.3 per cent rise in net .earnings to $142.1 million for th 4 half-year ended June 30, while interim
      Source: Bloomberg ALLAN  -  465 words
    • Article, Illustration
      Pac Century Regional reaps $23m profit from sale of HK building
      460 17  -  private Mopuy mMiK ti i *M«Th trrtt *n' !S Catherine Ong fc WfcHARD Li, founder of the ,Pentury Group (PCG), is giving minority shareholders of Singapore-listed Pacific e Qgfltury Regional Develope j#ef4s (PCRD) a handsome bojl ndPCRD announced yesterj
      460 words
    • Article
      It's high time Creative took some bold decisions
      627 17  -  HOCK LOCK SIEW Jennifer Lien CREATIVE Technology is at a crossroads. Just in the last financial year, the homegrown multimedia firm took US$BO.7 million (*****.8 million) in writeoffs, chalked up a whopping U5537.6 million loss, lost three top officials and saw its
      627 words
    • Article, Illustration
      Cam Int'l in major disk-drive deal
      536 17 It could bring in ravnoe of more than $200 m ammally, bat de&l has risk element PRECISION engineering group Cam International Holdings has entered into a major disk-drive manufactur- ing contract which could generate more than $200 million of revenue annually. For a company
      536 words
    • Article
      Amcol among five firms taken off CPF trustee shares list
      206 17 THE Central Provident Fund Board has taken Ave companies out of the list of trustee shares under the CPF Investment Schemes with immediate effect. These are Amcol Holdings, General Magnetics, General Securities Investments, Hotel Negara and Singatronics. However, the trustee
      206 words
    • REGIONAL COMPANIES
      • Article
        Big Four group interim earnings up 16% to $1.1b
        528 18  -  Total exceeds $lb for first time on 22% surge in non-interest income By Shiv Taneja [SINGAPORE] The interim group net earnings of the Big Four local banks have powdered past the $1 billion mark ,for the first time —driven by a
        528 words
      • Article
        Sembawang, AT & T Credit units' joint venture
        128 18 Sembawang, AT T Credit units' joint venture [SINGAPORE] Subsidiaries of locally-listed Sembawang Corporation and America's largest publicly-listed leasing and finance company, AT T Credit Corporation, have formed a joint venture to provide leasing and financial services in Singapore and the Asean region. The equal partnership between Sembawang Capital and AT
        128 words
      • Article
        Temasek move may hit SingTel price: analysts
        346 18  -  Byy Genevieve Cua [SINGAPORE] Government investment company Temasek Holding's planned placement of up to 450 million Singapore Telecom shares over the next three years is likely to dampen the counter's price in the short to medium term, analysts said. Sing Tel yesterday fell
        346 words
      • COMPANY Briefs
        • Article
          Bonvests to open Starbucks outlets
          83 18 [SINGAPORE] Mainboard listed Bonvests Holdings said yesterday it will spend about 9346 million to open about 10 Starbucks Coflbe outlets in Singapore over the next 12 to 15 months. Bonvests yesterday announced its exclusive licensing agreement with ths US-based coflbe retailer. It will open the
          83 words
        • Article
          Keppel Bank gets okay for Viet Brach
          38 18 [SINGAPORE] Keppel Bank has obtained in-principle approval from the State Bank of Vietnam to open a branch in Vung Tau. The branch, expected to be ready next year, wlllfociMQn whol—1» hanUng
          38 words
        • Article
          Lim Kah Ngam unit in Shanghai venture
          84 18 [SINGAPORE] Lim Kah Ngam said yesterday It has subscribed for 19 million convertible redeemable preference shares of tl each in the capital of its wholly owned subsidiary, LKN Investment International (LKNII), at par. LKNII has set upa Joint venture with Shanghai Chang Ning
          84 words
        • Article
          IPC clinches deals for POS poducts
          44 18 fSINOAPOPiq ipr hat itnrk rloalt that would strengthen its point-of-sale (POS) equipment business. The company said yesterday it had signed manufacturing and distribution agreements withßiva Group pic of the UK and Dynamic Data Systems Pty Ltd of Australia.
          44 words
        • Article
          Corrections and clarifications
          74 18 IN the Hock Lock Slew column of Aug 9, incorrect mention was made of Bangkok Bank in the headline. "AU eyes on Bangkok Bank caae after Sia Song acquittal". This is misleading ss the column referred to the Bangkok Bank of Commerce, and not the Bangkok Bank
          74 words
      • Article, Illustration
        Lock icon Creative shares plunge 9% to close at record low of $5.50
        259 18  -  By, Jennifer Lien [SINGAPORE] Creative Technology shares yesterday lost 9 per cent of their value following its announcement of low-er-than-expected full-year results over the weekend. The counter dived 70 cents or 11.5 per cent to an all-time low of
        JEN CHUA  -  259 words
      • Article
        Republic Hotels net jumps 10.6%
        309 18  -  OTHER CORPORATE RESULTS By Agnes Wee [SINGAPORE] Republic Hotels and Resorts (RHR), a member of the City Developments group, reported a 10.6 per cent rise in interim net profit to $10.1 million. This is on a turnover of $68.5 million for the six months ended
        309 words
      • Article
        OUE interim net profit up 12.2%
        164 18 [SINGAPORE] Interim group net profit for hotel-based Overseas Union Enterprise (OUE) rose 12.2 per cent to $14.2 million. This was on a turnover of $79.6 million for the six months ended June 30, a marginal 0.27 per cent increase from the corresponding previous period.
        164 words
      • Article
        Meiban's interim profit up 95%
        94 18 [SINGAPORE] Seedaq-listed Meiban Plastic yesterday posted a 95 per cent surge In net earnings to $1.8 mUlion for the half year ended June 30. The strong growth came on the back of an 85 per cent jump in turnover to $19.6 miUion. The company said
        94 words
      • Article
        OUT posts 34% rise in profit; proposes bonus and rights
        200 18 [SINGAPORE] Overseas Union Trust (OUT) yesterday announced a 33.8 per cent increase in net earnings to $6.86 mUlion for the half year ended June 30. It proposed a one-for-flve bonus issue and intends to raise over $100 million through a
        200 words
      • Article
        QAF likely to resort to rights issue, says Citicorp
        320 18  -  Byi Genevieve Cua [SINGAPORE] Shareholders of QAF who take a longer term view of their holdings will have to be prepared to fork out more money for the food group, as it may resort to a rights issue to raise funds.
        320 words
      • Article
        Tomson Pac: the law catches up
        391 19  -  A7OO-pa«BrepMtm JiljUMrtnaM irraplaritMsiatke Jim 1990 taketver From' Quak Hiang Whai in Hongkong THE surprise arrest yesterday of five people comes about two years after an investigation into Tomson Pacific's takeover of World Trade Centre Group was completed. The investigation, which cost taxpayers some HK$2O
        391 words
      • Article
        S'pore investment bank unit is lead underwriter for Solid Group's IPO
        272 19  -  From Al Labita in Manila A SINGAPORE investment bank unit has been made lead underwriter in the initial public offer (IPO) of Solid Group, Manila's largest electronics firm. Belson Prime East Capital Asia Inc, lead underwriter in the IPO
        272 words
      • Article, Illustration
        Lock icon Kuok makes A$103m paper profit from proposed deal
        357 19 Om-Gibliatfl stock up U% siace deal was tiidwd Bloomberg Business News [SYDNEY] Malaysian businessman Robert Kuok has chalked up a paper profit of Aslo3 million (Ssll3 million) on his proposed purchase, announced last Thursday, of an 8.5 per cent stake in Australian
        Bloomberg Business News; Source: Bloomberg  -  357 words
      • Article
        Krakatau Steel hopes to raise US$700m from IPO next year
        422 19  -  From\ S N Vasuki in Jakarta INDONESIAN state-owned steelmaker PT Krakatau Steel hopes to raise US$7OO million (*****.4 million) from its initial public offering next year and will utilise the proceeds to build a new ZS million tonne steel production
        422 words
      • Article
        Lock icon Oriental Press net profit falls 94% on poor sales and price war
        285 19 AFP AFX-Asia [HONGKONG] Oriental Press Group Ltd said yesterday net profit fell 94 per cent from a year earlier to HKS2S.O7 million (554.6 million) in the year to March. Sales fell 15.4 per cent to HKH-37 billion, the
        AFP; AFX-Asia  -  285 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Lonrho to spin off worldwide chain of 15 hotels in IPO
        297 20 Analysts value hotels atnpto£Boom; Lonrho expects to repay £579 m debts with sale proceeds Bloomberg Business News [LONDON] Lonrho pic said it plans to sell its chain of 15 hotels worldwide, listing them as Princess Metropole Hotels pic on
        Bloomberg Business News; Source: Bloomberg  -  297 words
      • Article
        Lock icon Trafalgar House purchase hits Kvaerner profit
        294 20 Europe's lsrgest shipbuilder's 2nd qtr profit falls 83% Bloomberg Business News [OSLO] Kvaerner ASA, Europe's largest shipbuilder, said second-quarter pre-tax profit fell 83 per cent as it acquired loss-making Trafalgar House pic. Kvaerner, which recently moved headquarters to London from Oslo, said secondquarter pre-tax
        Bloomberg Business News  -  294 words
      • Article
        Lock icon WPP Group interim profit up 40% on new business
        336 20 Bloomberg Business News [LONDON] WPP Group pic, the world's largest advertising company, said yesterday that first-half pre-tax profit climbed 40 per cent as it won new business in the US and Latin America. Pre-tax profit for the six months ended June
        Bloomberg Business News  -  336 words
      • Article
        Lock icon Record 70 new listings expected in Tokyo
        159 20 Reuter [TOKYO] The number of companies listing on the Tokyo Stock Exchange (TSE) Is expected hit a record of about 70 firms this year, due to an easing of regulations governing listings, the Nihon Keizai Shimbun said yesterday. Last year, 32 Arms went
        Reuter  -  159 words
      • Article
        Lock icon Microsoft plan will help Apple: paper
        140 20 Reuter [NEW YORK] Microsoft Corp has launched a quiet but ambitious effort to help small software companies write Internet programs for its struggling rival, Apple Computer Inc, The Wall Street Journal reported yesterday. The unusual effort is designed to boost Apple's efforts in the
        Reuter  -  140 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon BOA sees more income from Asia
        296 21  -  CEO expects region to beareaofpeatest grew lift potential compared to mature European economies By Larry Wee [SINGAPORE] Profits from the Asia-Pacific rim will contribute a growing portion of Bank America Corp's (BOA) income, its chairman and chief executive officer, David A Coulter, told The
        ERIC CHU  -  296 words
      • Article
        Lock icon Labuan launches US dollar interest rate benchmark
        292 21 But some dealers say there's little need for another benchmark Reuter [KUALA LUMPUR] Malaysia's offshore financial centre of Labuan launched its own US dollar interest rate benchmark yesterday, but quotes were higher than those in Singapore, its main competition. Officials said the launch
        Reuter  -  292 words
      • Article
        Lock icon Industrial Bank of Japan holds long-term rate steady
        149 21 Bloomberg Business News (TOKYO] The Industrial Bank of Japan Ltd, Japan's top long-term credit bank, said it will keep its long-term prime rate at 3.3 per cent for August. The bank will sell August's allotment of five-year bank debentures to institutional investors
        Bloomberg Business News  -  149 words
      • Article
        Lock icon Malaysia may allow third Islamic insurance firm by year's end
        240 21 Reuter [KUALA LUMPUR] Malaysia may allow a third Islamic insurance company, or takaful, by the end of the year, Deputy Finance Minister Affifuddin Omar said yesterday. He was quoted by the national Bernama news agency as saying the government was
        Reuter  -  240 words
      • Article
        Lock icon Diamond leaks threaten De Beers, Russia deal
        468 22 New contract in doubt as Aussie producer quits cartel, Russia dithers about state control FT [LONDON] The relationship between Russia and the diamond cartel organised by De Beers of South Africa is being jeopardised again by a big jump in the value of
        FT  -  468 words
      • Article, Illustration
        Lock icon US sanctions are unlikely to hurt Iran's energy plans
        447 22 Bat analysts as*ee they will deter foreign firms from investing Reuter [DUBAI] Iran's ambitious oil plans will be hampered but not derailed by US sanctions that penalise new foreign investment in Tehran's crucial energy sector, Gulf economists and oil industry sources
        Reuter  -  447 words
      • Article
        Lock icon India's interest rates to remain high: central bank head
        195 22 Reuter [BOMBAY] Indian money market interest rates would rise and government borrowings would maintain pressure on rates, Reserve Bank of India governor Chakravarty Rangarajan said yesterday. In an interview with Business Standard, he added money market rates at the very short
        Reuter  -  195 words
      • Article
        Lock icon Japan's copper, zinc refiners eager to build capacity again
        368 22 Bnt analysts feel best expansion options may be overseas Reuter [TOKYO] Japan's copper and zinc refiners, their spirits lifted over the past year by a weakening yen and rising profits, are eager to ratchet up capacity, albeit modestly, after years of
        Reuter  -  368 words
      • Article
        Lock icon Former Lazard partner convicted of fraud, bribery
        210 22 Bloomberg Business News [BOSTON] Former Lazard Freres Co partner Mark Ferber was convicted of fraud and bribery as a federal jury determined Ferber wronged his municipal clients by faUing to disclose terms of a fee-split-ting contract with Merrill Lynch Co. Ferber, a 43-year-old
        Bloomberg Business News  -  210 words
      • Article
        Lock icon Tin export quota need not be reinstated: Indonesia
        249 22 Reuter [JAKARTA] Indonesian mining officials said yesterday that a tin export quota which lapsed in June need not be reinstated due to stable market conditions. "As far as Indonesia is concerned, the Supply Rationalisation Scheme (SRS) is not usefUl. So the SRS
        Reuter  -  249 words
      • Article
        Lock icon Euroyen, JGB up in slow trade
        212 22 SIMELReport Reuter [SINGAPORE] Continued optimism that the Bank of Japan would not hike interest rates by month end underpinned both ends of the Japanese yield curve yesterday. Eufoyen and Japanese government bond (JGB) futures finished higher, although the absence of many players for Japan's
        Reuter  -  212 words
      • Article
        Lock icon CURRENCY REPORT
        156 22 Reuter THE dollar was a touch softer against the German currency, with mark strength still the feature. The dollar was fairly steady against the yen with summer holidays continuing to squeeze volumes. At 1405 GMT, the dollar was quoted at 1.4740/45 against the mark versus Friday's European close
        Reuter  -  156 words
      • Article
        Lock icon Oil firms despite Iraqi preparations to export crude
        311 22 ENERGY REPORT Reuter [LONDON] World crude oil prices began the week firmer despite expectations that Iraqi crude would reappear on the market within weeks after a six year embargo and add an estimated 700,000 barrels a day to a well-supplied market. London
        Reuter  -  311 words
      • Article, Illustration
        Untitled
        1235 22 nrrBRBAMK CROSS RATBB Au 9 AS <4 KU nt Om m *H» —I* TW wm MS CSUfcb SI U* Sir K fcK Ew< US$ Austral* 10(5 UTS 0411 3.924 IM7 6-015 27.768 *194 9331 1334 1337 M33 27.589 20.366 1100 3.5M 0.933 ***** 19.656 0501 0.778 Canada 0.939 6.000 0.573
        1,235 words
    • Article
      COMMODITY PRICES
      1478 23 CTOM i w mdB Aug 1 RSStCQNTIACmcMtiAa) CJom VoImm Opan tfefc U» Utt mm) hrtamt Sf98 UWJO 5150 112.50 275 775 fcttt moo *****0 193.50 450 2125 UN* *75 105-00 185.00 225 3025 OK 98 188.25 N&00 185.50 150 2850 JmfltmfT ***** 188.50 ***** 525 7350 JprAton 17
      1,478 words
    • Article
      WORLD STOCK MARKETS
      1910 23 !UW»-8E^FS6$li®;a mi N«c» A. A. Corf Mr SSI/4 *1/4 A8P»rts 285 unch Aktoy National S0S *2 AJBodlyons 447 unch Anwe 94 unch ArqyB 144 Asdo Croup 116.400 *1 •ATM 444 -46 ■ICC 320 2 BOC Group MS »3V4 BR PotroMm 613.400 .400 m» 239 2 Bonk of
      1,910 words
    • Article
      Lock icon TOKYO
      1558 23 Reuter QNjttaJK ♦IMLB6 STOCKS rallied by the end of the session, after trading sideways and in narrow ranges for most of the day. Brokers said trading volume remained light with many investors off for summer vacation this week. The 225-share Nikkei Average gained 115.55 points to 20,666.60. Its September
      Reuter  -  1,558 words
    • Article, Illustration
      Lock icon HONGKONG
      1581 24 Reuter P Hang Seng *77.86 STOCKS ended with firm gains, boosted by a rally in the interest rate-sensitive property sector following a decline in the US long bond yield and ahead of earnings announcements, analysts said. The Hang Seng Index closed 77.85 points higher at 11,181.88. Turnover was HK13.89
      Reuter  -  1,581 words
    • Article, Illustration
      Lock icon CHINA
      563 24 Reuter Q Shanghai B Share Index +0J29 SHANGHAI'S B shares ended up, with trading focused on stocks listed in 1996 which are expected to post good results. The index rose 0.29 point to 53.50, on volume of 28.3 million shares worth US$lO million. Broker said that active buying from
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  563 words
    • Article
      Lock icon TAIPEI
      346 24 AFP niPhin +174 SHARE prices finished marginally higher in light trading as investors stood on the sidelines, brokers said. "Most investors, uncertain about the market's outlook, decided not to trade aggressively," said a broker. The Weighted Price Index rose 2.74 points to 6,317.62. Turnover was 875 million shares worth
      AFP  -  346 words
    • Article
      Lock icon MANILA
      294 24 AFP □lufa -1L77 SHARE prices closed lower amid uncertainty over US interest rates, dealers said. The PSE Composite Index fell 11.77 points to 3,076.42. Turnover was 3.749 billion shares worth 1.46 billion pesos. Manila Electric Co's B shares fell 11 pesos to 189, while its A shares were flat
      AFP  -  294 words
    • Article, Illustration
      Lock icon JAKARTA
      676 24 AFP Q Compost* Index -177 SHARE prices closed 0.7 per cent lower yesterday amid weak market sentiment, dealers said. "There is very little incentive. Nothing is moving in this market," a dealer with a major foreign brokerage said, adding that "at least it is stable because we have already
      AFP  -  676 words
    • Article
      Lock icon SEOUL
      386 24 AFP PO«p«gteliig *132 SHARE prices closed higher, helped by advancing low and mid-priced stocks. The Composite Price Index edged up 1.22 points to 837.99. Turnover was 19.3 million shares worth 361.0 billion won. Risers beat falls 428 to 361 with 161 unchanged. The index moved in a three-point range
      AFP  -  386 words
    • Article
      Lock icon SYDNEY
      572 24 AFP □MOrimaries -12 SHARE prices fell as investors hesitated ahead of major company reports due later this week and the release of the budget next week. The All Ordinaries Index lost 2.2 points at 2,219.5. Turnover was 169.8 million shares worth A 5428.6 million. Among the blue chips, BHP
      AFP  -  572 words
    • Article
      Lock icon WELLINGTON
      253 24 Reuter PWcQmgtoo -28J2 TELECOM'S 14 cent slide to NZ56.36 yesterday saw the share market close sharply weaker. The NZSE-40 Capital Index fell 28.92 points to close at 2,120.34 on turnover worth NZ$29 million. Renter <5? 1 V- rmm AN2 Banking 7 JO unc* MM AOvantagn HMqi LSI ***** MtM«ZmMW
      Reuter  -  253 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Tenaga's rise offset by banks' fall
        6728 25 Bloomberg Business News Q Composite Index -L 44 STOCKS were mixed as a fall in bank stocks offset a rise in Tenaga Nasional after the government appointed a new chief for the power company. "Its positive news and a step in the right direction,"
        Bloomberg Business News  -  6,728 words
    • WARRANTS&OPTIONS
      • Article
        Freight Links warrants going at 0.71% discount
        3091 26  -  WARRANT WATCH By\ R Sivanithy THE current poor market sentiment has resulted in shrinking warrant conversion premiums throughout the market, which in turn has created some interesting situations that may not have otherwise existed had the mood been better. One good example is
        3,091 words
    • Article
      CLOB INTERNATIONAL
      1615 26 MALAYSIAN STOCKS •»•*< f, i- I ■«.—u. a .a. --v. i a g a? as* IT" 1 >M m u u >t> jtm J! >£ !.«> 22'°' 2. •> M io u >u HI Z2Q 2QB MS 9002 BQ ij 247 t<|i 7 231 5 SOM C J
      1,615 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        1,037 words
      • Article
        MAIN BOARD
        4392 27 Or Gr M Wt 1998 Last V* My LaatOuete CHv Otv YM NM Cap Avg Htm i— mm B roooi m» UjB ig «<—r cv p/» wm mM MMfSTMALS 5144 ASENT$***** US- 214 MS 12M Acer 50c US181 -1 46 182 ISO 181 183 S.ON 73 1.0 H2
        4,392 words
      • Article
        SESDAQ
        743 27 (Hi. £2 JSL L—«Owt» l£ M* vu tm cZ *35 JB—=? MW rood m> i» M» cw W >3 ww SESDAQ 'J? fo 2000 140 H J 145 MO 140 153 J.O Mi 01 I7S 42.3 |U 90 M AS Auto toe M S -0.5 KM 69 MS M
        743 words
      • Article, Illustration
        HOT STOCK
        54 28  -  Shiv Taneja COMFORT GROUP, which closed two cents lower yesterday at $1.34 on a volume 0f491,000 shares, appears to be headed south. The daily RSI and Stochastics charts Indicate an overbought position and, while the directional indicators are mixed, the underlying trend is downwards. There isfiiirly strong support
        54 words
      • Article, Illustration
        Slew of negative factors dampens sentiment
        831 28  -  STOOZMAKZBT COMMBMTABT Low 7% second quarter GDP growth, lower earnings forecasts and uncertainties over Amcol depress prices By R Sivanithy [SINGAPORE] Yesterday morning's news that growth in second quarter Gross Domestic Product was a low 7 per cent combined with an overall lowering of
        831 words
      • ON THE GRAPEVINE
        • Article
          Flip side of Camerlin deal
          149 28 A READER pointed out, in an e-mail to us, the flip side of the Camerlin-Malex deal He noted that after the purchase of the Brierley stake and the general offer for Southern Steel, Malex, hitherto a two-bit company, will have an enlarged capital of M
          149 words
        • Article
          The short end of the Amcal straw
          99 28 WHAT is the position of someone who bought Amcol shares from a short-seller who hasn't covered his position before the suspension? Will he have to pay for the shares even though the short-seller couldn't deliver? We understand that he will have to and
          99 words
        • Article
          Why no query on Transmarce?
          75 28 A REMISIER rang up, asking: "If the SES is always so quick to query companies whose shares rise suddenly in high volumes, then why has it yet to query Transmarco, whose shares have plunged more than 40 per cent in the past two trading days?"
          75 words
        • Article
          Getting fat on KL stocks
          69 28 THE Singapore stock market has been through a lean year so far, but it seems that local brokers have still managed to get totter. At a government economic briefing yesterday, an MAS official revealed that profits of SES members rose by more than 20 per
          69 words
        • Article
          G K Goh disledges Kim Eng
          126 28 G K GOH Stockbrokers has been named best Singapore securities firm in Euromoney's 1996 excellence award. The London-based financial magazine said G K Goh, controlled by veteran stockbroker Goh Geok Khim and son, Yew T.tn, has dislodged rival Kim Eng Securities from pole position.
          126 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      20 17 OUE Interim net profit up 12.2%, Pg 18 OUT posts 34 rise in profit; proposes bonus and rights, Pg 18
      20 words
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      Page 17 Advertisements Column 2
      303 17 Better Than Any Warehouse Sale GOSEN HOGAH Apex KUNNAN Ext Hy-Power Forged Irons <9 pes) Irees Graphite KUNNAN u^^T 9 1 ssafti» 5 749 -$y©»/ Usual $1,450 x 9 Irons Putter Bag ljr 7 tAAAI iM Ki A HOGANH-40 Irons PRO KEHNEX^S^ a< aa l CSS—, IGSGraphite \NbHbi Sr s
      303 words
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      Page 18 Advertisements Column 1
      587 18 OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Bank Limited wishes to announce: 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1996 The Bank The Group Shi months ended Six months snded 30-6-96 30-6-95 +A") 30-6-96 30-6-95 +A")
      587 words
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      Page 18 Advertisements Column 2
      10 18 It's high time Creative took some bold decisions, Pg 17
      10 words
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      Page 19 Advertisements Column 1
      237 19 asking for miracles. I just want to know what ray customers want before they do." In many businesses today, it's quite Management you can. This set of tools and applications customer service be it in retail, communications, common for a customer to call and, just is designed to work across
      237 words
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      961 20 -tza Metalock (Singapore) Limited (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Twenty-Seventh Annual General Meeting of the Company win be held at 182 Pandan Loop, Singapore *****3 on Tuesday 10 September 1996 at 10.00 am for the following purposes:AS OROINARY BUSINESS 1. To adopt the
      961 words
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      Page 20 Advertisements Column 2
      700 20 ARAB BANKING CORPORATION (8.5.C.) CONSOLIDATED BALANCE SHEET I CONSOLIDATED STATEMENT OF 31 DECEMBER 1995 INCOME YEAR ENDED 31 DECEMBER 1995 1995 1994 1995 1994 (US$ million) (US$ mMion) INCOME FROM OPERATIONS uquwfunds 332 286 Marketable securities 1,844 2.616 Interest income 1,524 1.280 Placements with banks and other Interest expense 1,138
      700 words
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      148 21 Tung Centre 1,268 sf- 9,684.12 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf/3,982 sf/6,243 sf 174 Paya Lebar Road Built-up area: 14,477.58 sf O First Capital Property Aw-fr Management Pte Ltd ss: r (A ■fhrr of FlrX CafAal Corporation CnMp) IW: 437 6817/437
      148 words
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      Page 21 Advertisements Column 2
      197 21 K* get WIRED! ixxAs' ms Internet, liable carrier for your business critical company mail? now. iWARE Mail 5 is the first commercial Internet mail ion from an established and credible e-mail software vendor. i advanced security features, a powerful mail client, message ery and receipt notification, customisable directories and >nal
      197 words
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      103 24 w .«JL''tvj cl> I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And otheT 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! Well be pleased to be your marketing
      103 words
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      141 26 fnnnirari #11/ n *IE Singapore Handicrafts presents the splendour of the majestic rosewood. Illajlli C7CI fAj O iH Discover the unique charm and beamy of classic rosewood furniture from Singapore Handicrafts Singapore's leading rosewood specialist. A rosewood masterpiece with its refined lines and exact proportions will add a f/m/)I/l£lO fm/lU/Atl
      141 words
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      70 27 ijtiwiw sole Agent DICKSON WATCH JEWELLERY (S) PTE LTD lit m CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road #02-36 Singapore *****7 tf> "'{kMh Tel: *****51. DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore *****1 Tel: *****00. CENTREPOINT 176 Orchard Road #01-05/06 Singapore *****3 TJfl Tel; *****22 SUNTEC CITY
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      Page 27 Advertisements Column 2
      121 27 lb: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period 6 month, Q 3 month. atS)6O.OO at SS4QM atS)2S.M Payment Options
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      308 28 BUSINESS Notices 1<) \i>\ik i i s i <\ i i i<>i i -1 ui i: inoii 7 41 is s 3 M THE MATTER COMPANIES ACT, CHAPTER 80 AND M THE MATTER OF R.QLR BMPPMQ PTE LTD P MEMBERS' VOLUNTARY UQUWAHOH) Extract of tha Mlnutaa of an Bdnwdbwy Qsmral
      308 words
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      Page 28 Advertisements Column 2
      436 28 M TOMATO Off TO COMMNOS ACT, CAF. SI (y IN THE MATTIB Of GEOMAX SHirnNG Pl« LTD (INCORPORATES IN HNGAPOM) (In Mem ben' Voluntary Winding Up) NOTICE TO CREDITORS Notice is hembygtaaEMtdwcndtaoa of dw nbovenaMcd Cqbomv, wMdi ii being wound an votananlyaiaaßqataed oa or before 13th September IW6 to seed
      436 words
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      Page 28 Advertisements Column 3
      276 28 MTNEIMrTBIOP TTCCOMPANCSACT.CAP.M KSXTRAOMQ PTELTD c—w wurowruaßßßPi) At an Extraordinary Qanaral Mooting of tha abovanamad Company duty convanad and hdd at 50 CNn Swaa Road #0801. Thong CM BuMng. Sbvtea *****4 on 12 Auguat 1986 Eta toloatHi fiptcial naaohitlona war* duly paaaad: 1. That KSK TRADING PTE LTD ba wound up
      276 words
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      Page 28 Advertisements Column 4
      90 28 The 1 KjswessTimes A bold •FakrwiOfeKiriEriwiOfenaaßgafteKwi fan aboiEs adnata. Deeper Mriyaoftnik,MdflueopßHi ad uiuehlej 'Start my [Theßusd^Times i Subscription now! I $265.20(12 month! tar loctf) j rewsendormorf^j j NwwfMWMrWMjrtV): I Address: I I Tdephona No (H): I {(0): _l Occupation: 1 Afc I iTWFsrt IvanttDMbottfar monfcxSl I Imdoat □SSdaqnAnonqrordr j nUSsbe***4wncn*Sqppoi«hB*
      90 words
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      Page 28 Advertisements Column 5
      816 28 Singapore Closing Share Prices 12/8/1996 CLOSE PREV LOW HIGH USS USS Uftf uss Mil// Jardine Mathoson 6.66 6.40 6.40 6.70 FfffllH Jardlna SifUjle 3.24 3.18 3.18 3.24 LWJ Mr v Firm 0.80 0.706 0.80 0.806 IeMM Hongkong Land 2.32 2.26 2.28 2.32 ■Pfnaaig Mandarin Oriental 1.42 1.42 1.42 1.42 EfiKUttH
      816 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      299 29 Knight-Ridder Reuter THERE was some evidence of positional firmness for Panamax tonnage loading from die US or Canadian. Pacific coast. Unexpectedly, the Baltic Freight Index climbed 2 points to 1,062 when the lethargy in the market should have allowed it to slip down further. This was then followed
      Knight-Ridder; Reuter  -  299 words
    • Article
      MARITIME STOCKS
      206 29 Mky-MSt U_ g?8»4»»rg J «H t 9*48 *55 401 NMI l»l M 9im*m o-M -O04C M IWtaMt U>4 uncfi 199 miiwaiw o.r% -cm xt MCMMNI HK&80 jminMim no -&M JwmW*HW8 11 in uncfi 525 MjpJcary WJO -020 1007 MOt U2 -007 Ml 0^r»yMwl—«,..mu« *0.05 at *MMcCarHm—V0i -003 m
      206 words
    • Article
      PSA signs 10-year deal with Global Alliance
      489 29  -  Virtual Terminal rehflm* gives ifa— immediate berthing priority pins long-term cost certainty Reports by' Tong Mei Fong [SINGAPORE] The Port of Singapore Authority (PSA) signed a 10-year contract with the Global Alliance yesterday, offering the consortium of four shipping lines what it says
      489 words
    • Article
      Lines' costs rose only 2%: Mah
      184 29 [SINGAPORE] Singapore port's fee hikes introduced this year has led to only a 2 per cent rise in port costs for lines so far, said Communications Minister Mah Bow Tan yesterday. Speaking at the Virtual Terminal contract signing cer- emony, Mr Mah said PSA
      184 words
    • Article
      Singmarine unit bags $12m contract to build 2 tugs
      288 29  -  Singmarine Dockyard will deliver tugs fcy 3rd quarter of 1997 By. Rahita Elias [SINGAPORE] Singmarine Industries, a member of the Keppel Corp group, has clinched a $12 million contract to build two harbour tugs. In a statement issued yesterday, Singmarine said
      288 words
    • PORT Shots
      • Article
        Lock icon 4 lines win bids to buid LNG carriers
        101 29 AFX—Asia [SEOUL] Hyundai Merchant Marine Corp and Yukong Line have won bids to build two liquid natural gas carriers each from the Korea Gas Corp for about 200 billion won (***** million) for each carrier, a KGC spokesman said. The bids for
        AFX—Asia  -  101 words
      • Article
        Grand Alliance stays at Malta
        52 29 [LONDON] The Grand Alliance consortium, consisting of Hapag-Lloyd, Neptune Orient Lines. NYK and PAO, is to continue to use Malta as its Mediterranean hub despite an earlier decision to shift to Italy's Gioia Tauro. The consortium agreed on a new long-term deal with Malta Freeport
        52 words
      • Article
        Pertamina closes LNG tanker' bidding
        67 29 [SINGAPORE] Indonesian state oil company Pertamina has closed the bidding for a new LNG tanker. The vessel will carry LNG from Indonesia to Taiwan from late 1999, when a major project is scheduled to come on strsam. Pertamina wants a 136,000cu m tanker, and has
        67 words
      • Article
        Lock icon Vietnam sets up anti-piracy force
        67 29 AFP [HANOI] Vietnam has set up a special anti-piracy force in its southernmost province to combat crime against its fishing fleet and illegal fishing by vessels from neighbouring countries, a report said yesterday. The special coast guard fleet in Minh Hal province includes 18 vessels
        AFP  -  67 words
      • Article
        Lock icon Bremer Vulkan sells stake in Swiss group
        60 29 Reuter [DUEBSELDORF] German shipbuilder Bremer Vulkan Verbund has sold its 50 per cent stake in Swiss group New Sulzer Diesel to Italian group Fincantieri, the Handelsblatt newspaper reported yesterday. In a summary article, the newspaper said Commerzbank, one of Vulkan's key creditors, had
        Reuter  -  60 words
    • Article
      Lock icon Indian port shippers want cartel broken
      165 29 Business Line [CALCUTTA] Exporters of marine products want the authorities to break the stranglehold of foreign shipping lines operating from Vlsakhapatnam port. At the Scope-Shipping meeting held here recently, the representatives of Marine Products Export Development Authority (MPEDA) drew the attention of the industry
      Business Line  -  165 words
    • Article, Illustration
      Lock icon Rolls-Royce powers ahead
      1105 30  -  FASSBMOBR JUT BHOZMBS: BRITISH MANUFACTURER WINS MARKET SHARE Company scored a coup with the £1.2b sale of Trent 800 engines to Singapore Airlines, helping it gain a dominant share of recent engine sales for wide-bodied aircraft in Asia and a strong position worldwide By. Michael Richardson IHT
      IHT  -  1,105 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      275 30 PACC EES 13 ACL n Ethiopian 6 Aeiocean IS Eurohans 6 AMI 3 Evergreen 6 AMe 13 Everprime 13 Accord Eotow 7 Ahrenkiel 4 Fwdertrans 7 Appenshtp 4 ELBoght 7 Astro 3 EoongSun 12 Austral 11 [<«» Avant 6 BSA 7 L"* 15
      275 words
    • Article
      SHIPPING GUIDE
      14765 36 EXPORT IT* ETA Advarttiar VnsK Voyaoa Tttaphon* ETA ETA Advartlsar VmH Voyaqa TtMpdon* SIN OmTr Nama Nam* Numbar Numbar sin Dasfh Nam. Mom Numkar Numbar XMMNMaONNHnMMMMNBMMMMMNNKMMMNNMKMMMNOMMHNMMNMKMMR SjMNMNMMMMOIMMMNMMMBMNMMNNMRMNMMNMMMMNMaNMNMNHMMN N/M 24/04 Xour XOUR GEMINI 422 45-*****94 A N/M 2t/M ACL TRAOE FAST TFSNS 49-*****21 To ABIDJAN (ABJ) 2003 Wm UASC
      14,765 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1802 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CAR60 Boofclflq/Manc* Rstts S5 Voy No Eth/ttr Ptrtod From To Fron kl Ml XX 8/2000 a 12/1700 IVOW U/OfOO j anno u/m ).«oc I "2* tvuoo u/mx u/ttoo I Bl m hum wok nmo 12/1500 a/*x u/mxs 1 n 12/tToo u/mx
        1,802 words
      • Article
        CONVENTIONAL WHARVES
        630 43 v«»d VoyMo B*rth Arrtvol Departure; Mai MM NJ02 J02 rrii li 13 04/? 18 IJtUw 0«m JO* M 13 04/KXX Bt LMar |/M XI ammm 0 04/0400 I|||MM >M MM JO* "M-VX I EM Act 4 JO* SS MM T J04 MMI ILM/IM Ml itc Ml) JO MnbM
        630 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon American Airlines leads in frequent flier programme
        428 44 Frequent-flier miles have become a source of revenue, especially |or the airline that pioneered the move NYT (NEW YORK] After a period of ensumer anger and frustrate airlines now appear to jjiave turned the frequent-flier programme back to their advantage with American Airlines
        NYT  -  428 words
      • Article
        Lock icon Japanese airlines cancel 94 flights from Okinawa
        299 44 MaaicxpecteittlM Dnnetea uy strong winds until aramd mm today Bloomberg Business News [TOKYO] More than 20,000 passengers were affected as Japanese airlines cancelled flights between the mainland and the southern island of Okinawa, which was hit by Typhoon Kirk. •Japan Airlines, All Nippon
        Bloomberg Business News  -  299 words
      • Article, Illustration
        Lock icon Tracking India's population growth
        49 44 [JAHANABAD, India] Passengers hanging all over a local train passing Jahanabad town in northern Indian Bihar state on Saturday. India has the world's largest rail network of around 63,000 km but it is still not able to meet the demands of India's growing population. REUTER
        REUTER  -  49 words
      • Article
        Lock icon Traffic at UK airports grew 1.3%
        198 44 Bloomberg Business News [LONDON] British Airports Authority pic said air passenger traffic at the UK airports it operates rose 13 pa* cent to 9.7 million passengers in July, the slowest monthly increase this year, as a threatened pilots' strike at British Airways pic restricted
        Bloomberg Business News  -  198 words
      • Article
        Lock icon US, Venezuela reach air accord
        243 44 Bloomberg Business News [WASHINGTON] The US, and Venezuela agreed to allow continued air service between the two countries for 30 days as Venezuela tried to meet international safety standards. The agreement calls for Venezuela's Transport Ministry to intensify its oversight of all Venezuelan aircraft flying
        Bloomberg Business News  -  243 words
      • Article
        Lock icon Dasa may swing to profit soon: report
        184 44 Reuter [FRANKFURT] Daimler-Benz Aerospace (Dasa) will swing to profit much sooner than initially expected and cut fewer jobs, chairman Manfred Bischoff told the Handelsblatt daily in an interview. In the paper's edition yesterday, Mr BiBchoff said increased orders for planes and workers' willingness
        Reuter  -  184 words
      • LOG Book
        • Article
          Lock icon International air passenger traffic up 9%
          45 44 AFX-Asia [OENIVAJ The number of passengers carried on international flights roseSper cent in the first half from a year earlier, the International Air Transport Association •aU Cargo transportsd rose 4 per cent in the first halt it said. AFX-Asia
          AFX-Asia  -  45 words
        • Article
          Lock icon PAL eyes links with US, Europe airlines
          54 44 Reuter [MANILA] Philippine Airlines (PAL) said yesterday it ia ••eking alliances with US and European carriers as part of its expansion programme. PAL said in a statement the alliances could include cods sharing and joint flight arrangements. It dsclined to identify which airlines
          Reuter  -  54 words
        • Article
          Lock icon Toyota may set up Indian joint venture
          89 44 AFP [TOKYO} Japan's Toyota Motor Corp said yesterday it would begin a feasibility study to set up a joint venture in India in September with its affiliate Daihatsu Motor and the Kirloskar group of India. The study is scheduled to be completed by
          AFP  -  89 words
        • Article
          Lock icon Masia to stop production is Thailand
          85 44 AFP [TOKYO] Maxda Motor Corp will stop production of half-tonne pickup trucks in Thailand this year, a company spokesman said on Friday. Mazda Motor makes about 6£oo "FamUla" half-tonne 1,400t0c pickup tracks a jncr at its Tlwtf unit, Sukosol and Mazda Motor Industry (SftCMI).
          AFP  -  85 words
      • Article
        Lock icon Planned strikes in Russia may cripple air traffic
        260 44 Six trade uktu wuttoftriksateiMl ofAigut Knight-Ridder [MOSCOW] Six trade unions are planning strikes across Russia for the end of August that could badly cripple the nation's air traffic and coal industry, the Interfax News Agency reported on Sunday. It quoted Independent Coal
        Knight-Ridder  -  260 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1138 44 CTTY FUOWT ETA FUOWT ETP WiHoH ***** 2335 Wh sWW HOP S0990 WW MM S0230 630 OFK 2055 SWT 2320 WW 0—gfewMC gg AMMi GA097 1045 GA092 0030 Nnrt VN741 000 VN744 1400 IU37 VMS KL044 0040 VN745 1300 VW740 1410 ***** 830 "tf* T0407 2105
        1,138 words
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      Page 29 Advertisements Column 1
      10 29 Rolls-Royce powers ahead British manufacturer wins market share. Pafß 2
      10 words
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      Page 29 Advertisements Column 2
      183 29 American leads in Frequent-flier miles have become a source of revenue. new GM :j£ Iship Merchant Bank (Asia), a cialist bank tor the shipping industry >5: i named Ju*rMfaoor, (left) 41, -jM «ral manager responsible for -tj eloping its business in Singapore and 2 region. Mr \fcrtchoor has been with
      183 words
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      Page 30 Advertisements Column 1
      578 30 raw vor om van su u sm vßsa wn mm ma im en m mm km amis ww n/n »/w m/w b/m m/m mmmmmt ni m/m m/m m/m Ts/m m/m WUMtt, SMT M/M M/M «/H M/M 23/ M MM Ml M/M 11/ M M/M JJ/M M/M ■MM MIIMMIII tsw M/M
      578 words
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      Page 30 Advertisements Column 2
      766 30 Unw MrvtoM nprmnM by Mwntwra at e» Ragtoy of Accra** Stripping Ag**. ?»or>N—or* Shipping Amoc Mambanofffw -*4 S>mpOT Fwtfrt ronwdlti 1 AaaociaMon. i I*OJ -»H CALL US... r ANYWHERE, ANYTIME^ In toe demanding world of marine Wtfi a wortdNide supply network of "*ofai, Da eft** aatvidng of mora than 550
      766 words
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      Page 31 Advertisements Column 1
      1197 31 1 *QBC SOUTH WEST EXPtESS (PWECT) vgsa Iwr Ihi Iswm Ism re |ux|ii|i|qa|iirc|iK I mob I *e I sm I mmßmm g hyw m/m g/g Iti/w gg nm mm mm gg gg »/w fl/|| lot/H 11/JI 11/W I )l/lf I 11/lf 11/H 11/W 13/W 1 > Himm tm g/wg/w la/w
      1,197 words
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      Page 31 Advertisements Column 2
      1921 31 HANJIN SHIPPING USA CANADA* mmmpm urn m sm m mlwr a w [w int m ton wrc om rn m m m| tw it mroowpm 3fl is/w m/m m/m m/m w/w w/w m/w w/w 11/w w/w n/w n/w n/w n/w w/w u/w u/w l\/m~ n/w nwrwAiMmsi n/w n/w u/w u/w
      1,921 words
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      Page 32 Advertisements Column 1
      868 32 iv/VliEilllßini m^MaßmlSSmmm I |^^HMMViHV|iPpapHBppHHHHHHBVaHppHIpB|ipi|BHHH I ■^^■KiUU^UiKUiyiSaiAiSiiilSiliAKiilliUdil^^H I 7™— «ssa WY MM IIMN AM UU STW PBU* SM iG UO TTO SM KOK MS J wttgKT Ti/i a/7 ""fa/T" i;/i n/» J' jbmsiat men m tin \in n/7 ts/i m I H&SHBAIAM 05tA30 K/J V/> ~W> TI7T~ M B/l W/l M/
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      Page 32 Advertisements Column 2
      1288 32 I NORA3IA I VESSEL VOV f»N PKL OOA LAS BCL VAL ALQ ROT ANT PIL LHA MSCALEM MM HM 1W HM iM ll* Ml IM U KM Ml M mccmu r« 21* mm mm 11* mm imi vm 12* ism u* i&* MMHMMUM 1633-3 IMI ZMI Mm IMI IM U
      1,288 words
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      Page 32 Advertisements Column 3
      390 32 Direct Container Service; to Fangcheng 1 Zhanjiang m Vessel S'pore Fangcheng Zhanjianj m UANBAO 29/06 04/09 06/09 >• TTUrtrans f TEL: 65-*****67 FAX: 4S-2?40*0 MiHi fwpwu ROAO Cmfar tofthy RO/RO, Ramp Capodty wpto 40 toms fkavy Lift tpto 615 trnu Cmmtmd/ kid hi /Cmtmm/Rmhrt Cmld^ Thai Flog Statws 2 UklMfnu
      390 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1065 33 STRAITSSHIPPIN^Pr^TD Mb 10 Hoo Chiang Road #11*01 Koppol Towors Singapore 0208 Tol: *****88 Pax: *****17 I t|i|j[ U ni'mn Mwimr"min Utim/I tiniiiliM rnuTiiiifft ttiui/i g*"" PWiWI wWfiWjWw »«KfICI miwAK COHTAIMIt SIRYICI I** Tn Ivissa vot IsowAroti kiwow smrewow |mm u/w u/w it/w cmmamu-si mim Inm mm swims $m |mm iwis
      1,065 words
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      Page 33 Advertisements Column 2
      848 33 mnmmm i§m wamvmm *3S&v;*^s® 2)AUp(Miif«(zwuMieoeiA)tsoiffiaiQMWNMl^^K WRN,TMWOfIVBIiIUOVUBKMI >| PH I I 11 1 11 ***** -;Hi. teis»se Wl i» aaas, EEIH ssTTZ rr— i+emmaa* W»«M»mih uvSZZHTtsMm £Z££SXm ttaSg^ vßsa/vor*a Imp n» sk m oh lao m tu m *ssa/voma man mi mc iu <m «c w SmSß'*" 38 !!8 SS P"
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      Page 33 Advertisements Column 3
      451 33 f t W11M» -HL- JB- JUL —JLJIL JL JLJLJLJULJL-ML JL-IL JLJL MMHifIHL JIA JSL Jiffl liliflL ML m at li m m m «w WWMg/W JiAMLUA MO. Ml Ml «gfr 1 Jag.Jag-.ag aag ww M h* mm mm mi mm mm mm mmm/ma 111 Iff Mi WMi "Sir 25£ jib-jim.
      451 words
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      Page 34 Advertisements Column 1
      1177 34 EunoKAW/SCANOtIUVUIfWUNO/RUSSIA BP ROM ANW HM THP LKV UN W DM MM HH KL MP i. RESULT RW-6M 17/1 M 6* 7/6 M 11/6 C. BLOWING RE-636 14/7 17/7 18/7 11/7 IW7 12/S 14* K. ROYAL RVMB7 M 1M 18/6 14* 1H 1M 1.*****RE-653 11/7 38/7 22/7 24/7 2S/7 16/6 ZIM
      1,177 words
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      Page 34 Advertisements Column 2
      1003 34 «£Lt J2?2IS. ?SL KL !SL S!1 !?!L KL Ml ffi *w*« m am MM mn MP lE22L !22 U2 52 52 vn *2! ■■25E wiww m/m os/w m/n 07/w u/w UNOMUO Ml 7-077* 71/W 02/W 01/W OVW MM |UN (OMOtO 0414-0W 17/01 17/ M 13/W 14/W 2A/W Also aooapinq FCL
      1,003 words
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      Page 34 Advertisements Column 3
      628 34 SRICHnELD MARME AGENCIES (3) PTE LTD TEL: *****33 (11LINES) FAX: *****10/*****03 TELEX: RS ***** MSMP (3 UnM) CR NO: **********0E iTMPMNSMPPMIMftT (NadawiUßMof FHitipla) ACCEPTING FCL AND CONVENTIONAL Vmil Voir St* Lotßwgtor Abyot 40WB ISAM WM Nataanat 44W8 18/10 Mnmh—a. Djtoouc H MEN HUM UNE FULLY CONTAINERISED REGULAR LINER SERVICE. ACCEPTING
      628 words
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      Page 35 Advertisements Column 1
      564 35 iBSAjL tall MYANMA \SBBk FIVE STAR UNE (My—w N«Hwml Um) iMdfaf ftr Ym|M (Rm|mn) wsa voy sm m m m 72tw MPT PATHBN ism in i BALATSM AGENTS: KMISTIAO SMPPMG AGBKKS UL TE 02-93-2417M9 PtL TH 9243-*****91 POk TH 02-04-*****02 POO; TE M 47-*****21/4 BANK UNE (AwwfcflAafctwWMrSMwfc*) I NORTHBOUND TO
      564 words
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      Page 35 Advertisements Column 2
      577 35 A HYUNDAI MERCHANT MARINE CO. UP. REMOVAL NOTICE Please be informed that our office is now located at 7 Temasek Boulevard #41-01 Suntec City Tower One, Singapore *****7 Telephone (65) 339 9844 Facsimile (65) 336 9422 HYUNDAI MERCHANT MARINE (S) PTE LTD KAPAL KRIS Shipping Pte Ltd 701DUXTON ROAD, STORE
      577 words
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      Page 35 Advertisements Column 3
      461 35 FAMOUS CONTAINER UNES JIBS 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) 4 SAILINGS A WEEK TO C BANGKOK I J AND REGULAR SAILINGS TO CNABANG THAILAND BANGKOK 1 ■jf> m W. .'M m N» m f -M mt'-Mm '-m FOR BOOKING j ■B t- Q *****33
      461 words
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      Page 37 Advertisements Column 1
      46 37 To retrieve more schedules, just follow these simple steps... Step The document 740-6000^|^^ l tep be faxed m M the port Step key in the four number jrM 0M digit code Key in your Exampto: t fax number To HAMBURG (HAM) 2150 for calls within Singapore
      46 words
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      476 39 Tropical WNUyLa«Faswvk« SI METEOR SI MERCURY 007E 009E Port Country 20/08 27/08 Wi»Cily Boii ze 23/09 30/09 Bnd 9" towrl Barbados 26/09 03/10 arto 9* na Colombia 25/09 02/10 Ca»**» St. Lucia 25/09 02/10 Fort de Franc* Martinique 26/09 03/10 Bahamas 21/09 28/09 dfoW*" Jamaica 23/09 30/09 FcNnfcaPitr* Guodeluope 26/09
      476 words
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      Page 39 Advertisements Column 2
      1174 39 m ADVANCE CONTAINER LINES (PTE) LTD Af* I 140 Caci StrMt, #12-00, PtL BoMcftng, Singapore *****0 -_nvLl TEL: *****21. FAX: *****19. TELEX :RS ***** ACLPL CR NO. **********0E IAIOQKOK JAKARTA (SSaNtaaa/WMkMPAT. I SaMw ti MTT. 2 SailMigs to LCN) rWAWWintnMiftHn wmmmm). vessa VOY SM 6KK SM VOY SM JKT SM
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      Page 39 Advertisements Column 3
      631 39 VgMELS _EL_ MKT HAMBURG |THAMUI'U«II ROTTERDAM AMmg» CAUOBMAORMN UliX IMB 2400 0000 s*oo ro 07*0 08*» VHED'AOULA AIW 2008 31/06 QM» 12/00 1409 VtXEOCCAWNA CIBW 27/08 07/08 I*oB 17/0* iftW [vfcx£ oesaoota siew |ow 14/00 an m« jus 27/65 ami "ALSO ACCEPTMQ CARGO TO ALL U. K. DESTMATIONS. COPENHAGEN. GOTHENBURG)
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      Page 39 Advertisements Column 4
      59 39 gKSmSESE^SS^ <«► PRO LINE LMTED t CO.. BatN. NMMM CONTAXNEJI/BREAKBULKmVICE LOADMO FOR SOUTH AMERICA VOT WOM MM mm MO SMffW Wtt 22!££ 2RIS2 !2fi 52 22 JSfi PM VESta tIM MM Ml R/11 2M* FROM SOUTH AMERKA w 8 sitssii TO HON6KONG/TAIWANICOREA/JAPAN mmm lthai m wf S T p*C ATLAIfTICA
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      1090 40 I*—"- W I I IvtSSB. I VOY I «H PtN —M IB [VCSSCL Tvov SM BKK IAOLI TW€* 140 Tim hH Si 17/08 JAWU BHUM 8731 Tim tn P«~ Thu 18/08" NANTA BHUM 55T~ Tim hi Pt 81 17AM 1 «1— JttSi- i*M- fW JML «11» Thy ISAM 1 17/08
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      Page 40 Advertisements Column 2
      517 40 Inmri mumi wwq MMAMi j «AUNK 434N WM 14/00 SAT 17/00 LUCK 6007 VWP 14/00 "^TTI^ MCC VANTAOi 4064 SUN 1«/0i MOW 10/00 MTA V ***** HB 16/0t SUN 1 t/W HAUWK 4SSN MON 10/00 nn 20/00 luck 600> SUN it/oo "rui~ *o/£" *—K THU 22/00 WB 23/00 HA V
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      Page 40 Advertisements Column 3
      152 40 p t<tMr 1 I9MINEHSONS MUXNB 24 FECK SEAH STREET" awwoßEi7wi4 r! ■oormmmuhu en not INMHOM* TBLi 323 11S3 tuS fflffSSSB rwmm *aa ii»_ IV* IVH 17/H rUM/MUMMS mm m/% i*« urn nmmram ■5m 2% IvS 7/ woom i 7/% a* aS SSS ssr its mss ss&ssSb sr ss as ss
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      Page 41 Advertisements Column 1
      580 41 r f Au SINO IXPRISS SHIPPING (PTI) LTD. MM I 11 COLLYIR QUAY *06-01 THE ARCADE SINGAPORE *****7. JS, 1 TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX < >_-» g smonuuts SIMWMI (CONTAIN!! SIEVICI) Also accepting container cofgo to: < VPSfI/VOY ETA SIN ETAHKG ETA SKA W/T HKG:
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      Page 41 Advertisements Column 2
      581 41 tl: MAC-MtU SPORE: mau (24 UHEt) kuchno:(ob)4m«» MVy I unriiiiH wtmMDi lumjkftKtnaMn ass. gasr ww sssassg 20TH ANNIVERSARY OFFER:-(LOWEST-LOWEST RATES) SYDNEY/MELBOURNE/BRISANE ETA SIN "HUNSA BHUM" V 303 15/8 SHANGHAI "NORASIA HONGKONG" V 9629-1 15/8 HOHO KOHQ "LA SEINE" V 4306 15/8 CALL: PHYLISS/ YEO/ MALA/ XIUHUA VBSa VOY 8N CTM
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      Page 41 Advertisements Column 3
      322 41 taKI WENDER CONTAINER LINES ATTRACTIVE FCI/LCL RATES TO: Indian Sub-Continent Ports: j MADRAS /BOMBAY/ 5 CALCUTTA COLOMBO CHTTIAGONG/ NHAVASHEVA/ PORT KELANG PENANG MADRAS WWSHPG FWDG (P) LTD TEL: 91-44-534 0450 FAX 9144-534 0200 2 BOMBAY WWAGENOES PVT LTD TEL :91-22-207 5832 FAX :91-22-207 5831 PKLANG SCIASA MASYHUR SDN BHD TEL;O2-03-368
      322 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      248 42 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6 00 0 Your worries are over when it comes to: •Engine Overhaul Precision Machining pMHMiHi In-situ Repair Specialised welding AOICL Hard Chroming Thermal Spray Coating We are a precision engineering company and cater for Marine, Construction,
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      Page 42 Advertisements Column 2
      53 42 To retrieve information on advertisers' products S services, just follow these simple steps. M\ *•;11 7 lli-tiiUMi >'<i/^T ,l m ri KffiSBSffiffHa £^V\''I! S<( !j^^' U A BS^^y J -^r,-i,;,-,u, > •J|Nm-„„ i '<V# /J\\r\ i 1111 f V B I -▼—r-\ T— I L .l I•] I II® I
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      Page 43 Advertisements Column 1
      110 43 ffpow QZGUR AKSOY 14AM 18AM FttrVAlwAJMtei I ASPILOS 2QA» AtWRdnVUK I Loads EMI. Hdayia. Indonida I ILoadngfor I PAN CRYSTAL Dubai/A. Dhabi/Doha/Bahrain/ I Damman/Kuwait I pem Dhat»/Doha/Barira«vt)ammartKu*wa*B AVNUR KALKAVAN Hodaidah/Jaddah/Pt Said/TripoJi I loads Singapore. EJW. Malaysia, Indonaaia I ILoadngfor 1 PAN EXPRESS Loa AnaalaWw I Norto<k/C«TxJen I PANTOMEDO Loa Angaiaa/Naw
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      Page 43 Advertisements Column 2
      60 43 Regular lcl/lcl Consol Services Special Low Rates •HONGKONG JAPAN PORTS CHINA USA JAKARTA (INLANO POINTS) SURABAYA EUROPE (BASE PORTS) ,#USAN MANILA DZ SHIPPING (S) PTE LTD jc* NO. **********2) I 133 Nmv Bridga Road *15-01 Chinatown PoM Singapore *****31 TIL: *****68 (8 LINES) FAX: *****66 I YAMON MP. OPPCf TH.:
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      Page 43 Advertisements Column 3
      212 43 USA Singapore to all USA destinations via Los Angeles We accept both FCL LCL, vessel departs every Monday. For general enquiries, please call 542 7668. For booking, please call Jenny Tlan at 548 9584 or Stella Can at 548 9585. JIN XING DISTRIBUTION SERVICES PTE LTD I POST KLAMO 11
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  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      112 44 LEGCNO R T«nparoh#« *q JA\ V Shower Weoltw Wind deletion with sp««d in knot* Rain V_y Ooudy Sky Wov haight S Tj2f* *r rnmmt wtocfc «rtti Hm «M Cl) On* Hd circW r«pr«Mnt« calm or k*tt and voriaW* winds A— On* haW ftoch* rtprmnh 5 knot* L» On* *4 ftech*
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