The Business Times, 20 August 1996

Microfilm: NL20626
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA (P) 04^12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, AUGUST 20,1996
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  • Article
    MARKET SUMMARY
    40 1 D MMI (+5.23) mm btoomp D WMM (+3.58) nST4H4 M MMin (-15.23) Q IUMDgfMOOO; KL8C00MP 11MJ6 +117 1JBOOB Z11M.41 +***** 1ANOSZNG *****48 +1750 ERBBO MM7.48 1&40 JAUMXACOMF—U7M>116 *IIPR40B>P > -16.03 ADST ALLOTO Ze25iZZ+«2 1 pa EST Chop *jpwr tmm—+i44
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  • Article
    FINANCE
    61 1 2 allBUMI ilf« UB B St 1.41# J iH 1 1184 <11 .0.87 t ,##4? JMt AJI K 1JH 1 4.188 BS .0.18! BAST JM I1U UriAIlM 0.M t 1 SMUPORE* -»'n BUAL4UWUK. J JAKARTA Rlt 18.N Pf "ii r h e *^2?i*2BSSSSSSS J17S 14.60 171 A7ft ?<» 11M
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  • Article, Illustration
    Lock icon Republic Hotels may be CDL's Asia flagship
    695 1  -  Hotels in Kuala Lumpur, Jakarta, Hongkong and Taipei may be injected, says Long Beng From Quak Hiang Whai in Hongkong CDL Hotels International Limited, part of the Hong Leong Group, is considering converting its Singapore-listed hotel arm, Republic Hotels Resorts, into an Asian
    JIM MC  -  695 words
  • Article
    SCV defends policy on free-to-air signals
    515 1  -  Charging subscribers for other stations' signals piped into its network legal, it says By < Catherine Ong [SINGAPORE] Singapore Cable Vision (SCV) says its policy of making subscribers pay for free-to-air television signals that it pipes into its network is both legally and commercially
    515 words
  • Article
    Exec condos could raise '97 supply to 14,000 homes
    478 1  -  By\ Michelle Low (SINGAPORE] The government's release of land for 4,000 new executive condominium units next year could raise the potential supply of private housing to 14,000 units in 1997. This would be some 20 per cent more than this year's
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      133 1 I|IHIDU I .1 H I The Westin Banyan Tree in Bangkok, a newlyopened hotel owned and developed by a subsidiary differentiating itself from the competition, Pgß fcfetfN stick ft* 18 oats 2 Surprising that share price is so volatile considering that f Sing Tel has a market cap QtfSOb. Price
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      Page 1 Advertisements Column 2
      31 1 CDL Hotels interim soars 85%,Pg 19 Reports on Pg 17, 18, 19 INTERIM EARNINGS NET (tm) GROWTH ITAWMpH 18.9 B>oB—OWW 4.5 +3f/» JBL 5.7 -27 lUrlmAQ 2.1 >61 CPLHofli HKJ362 +86
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      Page 1 Advertisements Column 3
      93 1 a a ft ARTHUR LEE Reaching for the stars [SINGAPORE] A fan reaching out as two local celebrities make an impression at the future site of Planet Hollywood at Liat Towers. Who were the attractions? See Pg 2 With ready internet access, 16-bit JBL Pro stereo speakers, 3D arcade-standard graphics,
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      Page 1 Advertisements Column 4
      35 1 Sing Tel stock falls 18centi to $3.22, Pg 2 PM Goh strikes right chord with Singaporeans, Pg 2 Remerger? Situation in M'sia must be accepted first: DrM, Pg 2 Editorial: Caring with prudence, Pg 12
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  • SINGAPORE AT HOME & ABROAD
    • Article
      PM Goh strikes right chord with Singaporeans
      471 2  -  REACTIONS TO PM GOB'S NATIONAL DAT RALLY SPEECH He succeeds in addressing various concerns at a personal level, say observers By Chuang Peck Ming A DIRECT appeal to the heart and pitched just at the right level that was what one observer said
      471 words
    • Article, Illustration
      Lock icon SingTel stock falls 18 cents to $3.22
      395 2  -  Fall expected, given size of discount for 2nd tranche: analysts By< Genevieve Cua THE Singapore Telecom stock yesterday fell to a sevenmonth low, dampened by news of the size of the second tranche of shares, and the substantial discount of the offer. Sing
      Source: Bloomberg  -  395 words
    • Article
      Lock icon Remerger? Situation in M'sia must be accepted first: Dr M
      251 2 Bernama [KUALA BERANG, Trengganu] Malaysian Prime Minister Mahathir Mohamad said the possibility of Singapore rejoining Malaysia could not be rejected but the island state must first be prepared to take into account the situation in this country. Dr Mahathir said
      Bernama  -  251 words
    • Article, Illustration
      Lock icon Retail sales index climbs 4.4%
      337 2  -  ETE ON THE ECONOMY Commerce By< Jenny Lam THE retail sales index grew 4.4 per cent in June compared to a year ago the second highest growth in the first six months after February's 28.4 per cent surge. Excluding vehicles, the June increase at constant
      Source: Dept of Statistics  -  337 words
    • Article
      Innovation development: 61 firms, one govt agency awarded $75.4m
      224 2 THE government yesterday awarded $75.4 million to 61 companies and one government agency under the Innovation Development Scheme (IDS). The $500 million scheme was launched in November last year to promote innovation in Singapore through grants to companies developing innovative ideas
      224 words
    • Article
      S'pore will be hit first in a global electronics cutback: BG Lee
      286 2 SINGAPORE will be the first to be hit if there is a global cutback in electronics production, Deputy Prime Minister L»e Hsien Loong warned yesterday. "This was what happened in the last recession in 1985," he pointed out
      286 words
    • Article, Illustration
      Lock icon Giving Planet Hollywood a hand
      61 2 FANN Wong and Thomas Ong preparing to plunge their hands into wet cement yesterday as the first two local celebrities to make their palm prints at Planet Hollywood's Liat Towers outlet, scheduled to open in November. Their palm prints will be part of the restaurant's
      ARTHUR LEE  -  61 words
    • Article
      SingTel mobile phone unit must buck up, says TAS
      203 2 THE Telecommunication Authority of Singapore (TAS) said yesterday that Singapore Telecom subsidiary MobileLink would have to improve its handphone networks' coverage in buildings. Quality of Service (QOS) reports for the second quarter had shown that Mobile Link's two digital networks failed
      203 words
    • Article, Illustration
      Far East buys 2nd freehold site in Novena for $32m
      330 2  -  Price of $611psf per plot ratio higher than other parcel By\ Diana Oon THE Far East Organization has bought its second freehold site in the Novena area in two months, beating keen competition to clinch the 18,748 sq ft site
      330 words
    • NEWS Roundup
      • Article
        On your marks for Healthy Lifestyle
        43 2 THE Ministry of Health said yesterday that this year's National Healthy Lifestyle Campaign kicks off this Sunday and will run until Sep 29. A series of activities, promotions and exhibitions will be held to promote healthy living.
        43 words
      • Article
        PacNet extends global roaming
        79 2 LOCAL Internet service provider (ISP) Pacific Internet said yesterday it is extending its global roaming services to encompass ll countries. The service is already available in Singapore, Hongkong, Japan, the US and South Korea, and will be available in China, Taiwan, Malaysia, Germany, Indonesia and the
        79 words
      • Article
        Westin marketing chief spreads wings
        73 2 THE director of marketing of the Westin Stamford and Westin Plaza hotels in Singapore, Curt Ewald, will move over to the Asia-Pacific operations of the Westin Hotels and Resorts. As their new vice-president of sales and marketing, he will be responsible for the overall sales
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      • Article
        Corrections and clarifications
        60 2 IN an article last Thursday, "Billy Bombers puts overseas expansion on its menu", it was reported that the annual combined turnover of die two Billy Bombers outlets in Singapore came to about $6 million. The co-founders of the restaurant chain have pointed out that they had overestimated,
        60 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      6 2 Editorial: Carinff with prudence, Pg 12
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      Page 2 Advertisements Column 2
      216 2 Office Secretary Company Car Chauffeur Ss3Bo per day Just imagine how much it would cost you to have a fully furnished office at Raffles Place, assisted by a full-time bilingual secretary, and chauffeur-driven in a spacious limousine. Will that cost you a bomb? No. At Khaw And Sons Bilingual Business
      216 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      52 3 c^r*.>*fflflS?*i^kT±J r!>r^^r"^H i J?r •jp^J** r >" 'Aft/ft^gjf^iiS^ r* JJx Y SWr H. I ■PN& 3?«SA4 ST t With state-of-the-art intelligent features that operate round the clock, the new SIA Building provides the facihties for comfortable a^^— operations day and night. For reservations, call 293-3228. Edmund Tic 8-Company MAPRONnTHI 1?
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  • FOCUS: PROPERTY
    • Article, Illustration
      Diversification or capital flight?
      683 4  -  THB PROPERTY COLUMM Following its high bid for Esplanade Mall, the Jardlne group's next move conld give some dues By Lee Han Shih WITH Hongkong reverting to China's control in less than 11 months, any participation by the Jardine Matheson group in the Singapore property market
      683 words
    • Article, Illustration
      Carving a niche among business travellers
      828 5  -  To beat the glut of rooms, The Westiii Banyan Tree is differentiating itself from the competition By Loh Hui Yin [BANGKOK] WHEN Singapore businessman Ho Kwon Ping zips into Bangkok these days to oversee his business empire, he stays at The Westin Banyan Tree
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    • Article, Illustration
      Foreign interest in Laos hotel sector shows revival
      613 6  -  Several historic buildings in capital being refurbished while others being built from scratch By i Harish Mehta [VIENTIANE] THE Laotian capital of Vientiane is experiencing a resurgence in foreign capitalbacked hotel development. Singapore's mainboardlisted Guthrie started the ball rolling four years ago
      613 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      241 4 15 LITTLE ROAD FREEHOLD BRAND NEW g-STY WAREHOUSE BLDG 9 Pay 3 Lebar Basement carpark KBK Double gMr jH frontage JH 15 strata titles Total Strata Area: 4,875 sq m tfs (52,474 sq ft) Floor Loading: ■HHHj 24KN/m 2 k 18KN/m 2 Ceiling Height: 7m/4.5m T.O.P. Dec '96 Choon Fah
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      Page 4 Advertisements Column 2
      110 4 Y 2 Y floors of office space, two floors of shops restaurants I v I minutes from the Orchard MRT station, always outside the Restricted Zone. 25 SCOTTS ROAD y JitCfi f i</e ii f« Prime location. Shops restaurants available from Prestigious address. 270 sq.ft. onwards. Office units available from
      110 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      382 5 PRIME FREEHOLD COMMERCIAL/RESIDENTIAL SITE AT ROBERTSON QUAY Site Area: 6,4714 sq m/ 69,668 sq ft, with an Very accessible just outside CRD f^w!2 ,n/ i 84 Sq,lWhid,Canfe Strategic Rotation Quay area for quality waterfront Building Height 10 storeys developments a^ aCroSBSmBaP RIVCTtO Ng Seng Tat *****28 Karamjit Singh *****29 Agnes
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      240 6 FOR SALE Retail space in the heart of Melbourne's CBD Manchester Unity Building corner of Collins Street and Swanston Street Established tenants: Hungry Jacks, The Athlete's Foot, Handbags International Kodak (Australasia) 7-year tenancy up to 2003 plus 5-year option CPI increase in 1977 Prices from $1.35 million with yields from
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      Page 6 Advertisements Column 2
      136 6 Singapore s one and only duck restaurant at Hotel Negara .r-i. i. An unforgettable dining expenence of exciting duck dishes set against rustic beauty. Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 k4a>im<« (Hotel Negara is located bthintTOrvhwd Towers) DtaflKunrmuMir Fresh h With Germitrol Air Sterilizer! 0""* 1
      136 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Renong to sign US$20b Indian superhighway deal
      332 7 KUALA LUMPUR Agreement expected to be signed when Dr M visits New Delhi in November Reuter KUALA Lumpur-based Renong Bhd is expected to sign a deal with an Indian company in November to jointly build a US$2O billion (Ss2B billion) superhighway connecting major
      Reuter  -  332 words
    • Article, Illustration
      Lock icon Court upholds labour leader's arrest
      262 7 JAKARTA Reuter AN Indonesian court yesterday upheld the arrest of independent labour leader Muchtar Pakpahan on subversion charges following last month's riots in Jakarta. Judge Hasan Mahyudin of the South Jakarta State Court dismissed Pakpahan's appeal against his detention, saying authorities had correctly followed the
      Reuter; AFP  -  262 words
    • NOTE Book
      • Article
        Lock icon M'sian industrial production up 2.5%
        77 7 Reuter [KUALA LUMPUR} Malaysia's Index of Industrial production (IPP) for June rose 2.5 per cent from the preceding month. The June index was 6.8 per cent higher than in June 1995, Bernama said yesterday, quoting the Statistics Department. The lIP measures the rate of change
        Reuter  -  77 words
      • Article
        Lock icon 614 people still missing from Viet flood
        61 7 AFP [HANOI] The bodies of 54 people who drowned when a storm hit a fishing fleet off northern Vietnam last week, have been recovered, but 614 people remain unaccounted for, officials said yesterday. The National Flood Committee warned of possible serious flooding across
        AFP  -  61 words
      • Article
        Lock icon Tightened security for Apec summit
        64 7 AFP [DAVAO, Philippines] Authorities are gearing up for the biggest security operation in Philippine history as the Asia-Pacific Economic Cooperation summit draws near. "Since the founding of the republic, this is the biggest, most elaborate" security operation, Lisandro Abadia, director-general of the Apec organising committee,
        AFP  -  64 words
    • Article
      Lock icon Sarawak to hold elections on Sep 7-8
      177 7 U KUALA LUMPUR 62 seats to be contested in timber-rich state AFP MALAYSIA'S timber-rich Sarawak state on Borneo island will hold fresh polls in early September. Election commission chairman Harun Din yesterday said 62 seats will be contested in the polls, to be
      AFP  -  177 words
    • Article
      Lock icon Ramos, MNLF head seal pact to end Muslim rebellion
      296 7 MALABANG, Philippines AFP PRESIDENT Fidel Ramos and Muslim rebel leader Nur Misuari hugged each other during an historic meeting here yesterday to seal a peace pact ending a 24-year Muslim rebellion. Smiling broadly, Mr Ramos, a retired general, opened his arms
      AFP  -  296 words
    • Article, Illustration
      Lock icon M'sia foresees borderless Asean: foreign minister
      267 7 SHAHALAM Bernama MALAYSIA envisages a borderless Asean in future following the development of the many economic growth areas in the region, says Foreign Minister Abdullah Ahmad Badawi. He said geographical borders of member countries would become less important in future as people would see
      Bernama  -  267 words
    • Article
      Lock icon Philippine business group endorses calls for flat tax rate
      286 7 MANILA System will widen tax base, cnrb graft, boost investments, it says AFP THE Philippines' main business group yesterday endorsed calls for a flat tax rate, saying it would widen the tax base, encourage investments and productivity and curb corruption. Finance
      AFP  -  286 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      134 7 The National University o/Sincjapore Pennsylvania State University Faculty of Business Administration The Smeal College of Business Administration itnn?EftT?7nEVTiTin!nT3!TnT!TfHnTCiTn7iTsnTni Course Fee: U554,200 for overseas participants i 556,293.30 (inclusive of GST for Singapore participants) The Penn State-NUS Logistics Management Program is an intensive two-week program designed to equip executives and managers with
      134 words
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      Page 7 Advertisements Column 2
      360 7 For more than a century and a half, Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      360 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon News of Lien's secret trip sends shares tumbling
      433 8 TAIPEI VPs visit to unspecified country expected to farther anger China AFP Reuter TAIWANESE Vice-President Lien Chan has paid a secret visit to a third country which has no ties with Taipei, government officials and newspapers said yesterday, sending Taiwan's share market
      AFP; Reuter; REUTER  -  433 words
    • Article
      Guangdong sets up body to settle property disputes
      311 8  -  SINGAPORE It will sort out rows over problem deals with investors abroad By\ Lu Ning THE government of the southern Chinese province of Guangdong has set up a special task group to sort out disputes over bad and questionable property deals involving
      311 words
    • Article
      Lock icon Work at Formosa plant in China continues
      181 8 HONGKONG AFP CONSTRUCTION work on Taiwan petrochemical giant Formosa Plastic's US$3 billion (554.2 billion) power plant project in China is continuing, despite reports that the firm has cancelled the development, it was reported here yesterday. The China-backed Wen Wei Po daily quoted Cao
      AFP  -  181 words
    • Article
      Lock icon Shanghai launches anti-counterfeit money drive
      274 8 SHANGHAI AFP SHANGHAI has launched a week-long campaign to raise awareness of counterfeit money, enlisting banks and five government departments in its efforts to stem its use, news reports said yesterday. Banks, customs, the public security bureau, industry and commerce administration departments, courts and procuratorates
      AFP  -  274 words
    • Article
      Lock icon HK residents warned of contaminated sushi
      132 8 I HONGKONG AFP HONGKONG residents were warned yesterday that over half of the Japanese raw fish delicacy sushi on sale here was badly contaminated. Announcing the results of its half-yearly food testing, the department of health said 52 per cent of the sushi sampled
      AFP  -  132 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      592 8 CDL HOTELS INTERNATIONAL LIMITED 'A sterling performance which sets the pace for exciting growth and future expansion. 9 H mm mi m^ REVIEW OUR Group has turned in a sterling set of results for the first half of 1996. One main feature has been the unprecedented 97.4 per cent increase
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      211 9 t. t ->:otSIP k JF :JBI^BBf ;'o^ki i m; a> feyl 1111 l hH i.; I Lsfl I I -^£fe< r >:>•• Uiy I i^^BIIBBIIIini,'•" fefy* •--,< i T g ll T^'- ,y T T > lirr j- z 1 :> 'T~'- BBBBBHHBBBWIIHWBBMBBBBBBBHP^Pii^^'" As sure as Singapore's position on the
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  • ASIA
    • Article
      Lock icon Japan's production abroad to grow, says survey
      246 10 TOKYO AFP [TOKYOJ Japanese manufacturers maintained their production shift offshore this year despite the yen's retreat against the dollar, with Southeast Asia the most favoured destination, according to a newspaper survey published yesterday. The Nihon Keizai Shimbun survey showed that South-east Asia was
      AFP  -  246 words
    • Article
      Land prices down 14% in 1995
      464 10  -  TOKYO Continuing slide seen as ominous; commercial land prices still dropping By, Anthony Rowley LAND prices in Japan fell by an average of 13.5 per cent during 1995 in a development seen as ominous for the nation's troubled financial system. Japan's National Tax Administration
      464 words
    • Article
      Lock icon Trade within Apec rises to a third of world total
      218 10 TOKYO AFP TRADE within the Asia-Pacif-ic region accounted for a third of total world trade last year, reflecting the growing interdependence of its developed and developing economies, according to a report released yesterday. The Japan External Trade Organisation (Jetro) said
      AFP  -  218 words
    • Article
      Lock icon Trade surplus down 38% in July to 14-year low
      429 10 TOKYO Import growth hints at farther foils; gap with US shrinks 4.5% AFP TOKYO] Japan's trade surplus in July declined to its lowest level in 14 years, the finance ministry said yesterday, with a steady growth in imports signalling further falls
      AFP  -  429 words
    • ASIA Notes
      • Article
        Lock icon S Korean students pledge indefinite sit-in
        72 10 AFP {SEOUL) More than 1.500 defiant student radicals pledged an indefinite sit-in yesterday in two barricaded buildings of a South Korean university campus, rejecting a police order to surrender. "We will not give up." a radical leader* yelled, hurling rocks from the roof of
        AFP  -  72 words
      • Article
        Lock icon Skiers delighted as Sydney shivers
        67 10 AFP [SYDNEY] Sydney shivered through one of its coldest days in 100 years yesterday as heavy snowstorms blanketed parts of Australia, disrupting traffic but delighting skiers "These are some of the worst conditions for 10 years," Dean Stewart, a Bureau of Meteorology forecaster said Sydney's
        AFP  -  67 words
      • Article, Illustration
        Lock icon Drought hits Queensland
        60 10 Reuter [MOUNT ISA, Australia] Ron Croft rides his horse through one of the dry dams on his property near Mount Isa in outback Queensland. The federal government has announced a A 52.6 million (Ss2.B million) drought relief package for western Queensland farmers. The package is to help
        Reuter  -  60 words
      • Article
        Lock icon Sri Lanka's president appeals for peace
        97 10 AFP [COLOMBO! Sri Lanka's President Chandrika Kumaratunga yesterday appealed for peace and unity to end the Tamil separatist war which she said was driving the country to the brink of disaster. In a message to mark the second anniversary of her taking office, she
        AFP  -  97 words
      • Article
        Lock icon BJP split casts shadow over Gujarat
        65 10 AFP [NEW DELHI] India's Hindu nationalist party was in a crisis yesterday in the state of Gujarat after a group of dissidents formed a rival group, casting a shadow on the state government. The Bharatiya Janata Party (BJP) asserted it would overcome the split,
        AFP  -  65 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      403 10 CEOs won't fail to notice the management principles of Drucker and de Bono in the new Mazda Royal Classic. ,4 Htji l| 'J' GsiM£ ■■^BK II a,mm w t KLLJBhCJI[IIBI f 'K. .^aSiM v, Thinking, according to de Bono, is a lost art. Especially so, we believe, when senior executives
      403 words
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  • THE WORLD
    • Article
      Lock icon What if Fed ups rates today?
      481 11 LONDON A surprise rate hike after today's FOMC meeting would spell disaster for global debt markets Reuter GLOBAL debt markets face carnage if US authorities fly in the face of forecasts and move to tighten monetary policy this week, analysts said yesterday. With US
      Reuter  -  481 words
    • Article, Illustration
      Lock icon Clinton pledges not to raise taxes
      411 11 WASHINGTON But he won't rule oat possibility in an emergency Reuter PRESIDENT Clinton said on Sunday he had no intention of raising taxes if he was re-elect-ed but declined to rule out the possibility in an emergency. "I'm willing to pledge right now that
      Reuter  -  411 words
    • Article, Illustration
      Lock icon Billionaire Perot to run for US resident n 2nd bid
      300 11 VALLEY FORGE, Pennsylvania Bloomberg Business News TEXAS billionaire Ross Perot, nominated by the Reform Party he founded to be its presidential candidate, pledged to use his second run for the nation's highest office to force the issues of fiscal responsibility
      Bloomberg Business News; REUTER  -  300 words
    • Article
      Lock icon Economists see monetary union in 1999
      219 11 LONDON Reuter MORE than 80 per cent of European Union economists now expect European monetary union to begin as scheduled in 1999, according to a published report. The Financial Times reported that a survey by the UK group Consensus Economics found that none of
      Reuter  -  219 words
    • Article
      Lock icon EC threatens to block aid to Volkswagen
      240 11 BRUSSELS AFP THE European Commission has threatened to block all state aid to German carmaker Volkswagen (VW) and has opened two new inquiries into government aid to the former East Germany and West Berlin. The commission will block all aid to VW if
      AFP  -  240 words
    • Article
      Lock icon Kohl insists Germans will pay less alter tax reforms
      393 11 BONN Move to calm citizens' fears of higher taxes FT THE German government yesterday made clear that wideranging tax reform, planned for 1999, should involve a significant reduction in the overall tax burden and that it will not raise value-added tax
      FT  -  393 words
    • Article
      Lock icon UK's corporate profitability stagnant, says study
      248 11 LONDON Bloomberg Business News UK CORPORATE profitability has not changed for five quarters and is still less than twothirds its pre-recession level with few signs of recovering, according to a report by information services company CCN Group. CCN said profitability has been stuck at
      Bloomberg Business News  -  248 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      55 11 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 First Capital Property 6b\* m J I Management Pte Ltd (A member of Firrt Capital Corporation Group) Tel: 437 6817/437
      55 words
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      Page 11 Advertisements Column 2
      146 11 K ft- 'lr MrCMP 3300 Our EMP 3300 multi-media LCD projector weighs that's around 40% brighter than larger machines. only 7.7 kg, so it's just about the lightest there is. And this projector is a snap to use: simply plug It's also extremely compact, placing a 'footprint' it straight into
      146 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      United, front belies deeply divided GOP
      771 12  -  OPINION THB BOTTOM LIMB By Leon Hadar The writer is BT's Washington correspondent GENERAL Colin Powell, the former chairman of the United States Joint Chiefs of Staff, called on the Grand Old Party to be "the party of inclusion". The popular African-American retired general
      771 words
    • Article
      IN OTHER WORDS
      111 12 'You know, darling, they've tried that before. They don't call it the world's oldest profession for nothing.' -ALnin pratitiite writing over the telephone number she had advertised in a phone booth on the Old Brompton Road, London, in response to a campaign to stop prostitutes littering telephone
      111 words
    • Article
      Caring with prudence
      657 12 EDITORIAL IN his National Day Rally speech over the weekend, Rime Minister Goh Chok Tong was both caring and candid, sensitive to popular aspirations, yet realistic about the extent to which the government can help meet them. In his customary plain-speaking style, Mr Goh set the record
      657 words
    • Article, Illustration
      Interest-rate blues
      1131 12  -  With Big 3 rates unlikely to rise soon, short-term capital inflows into Ase&n nations will probably stay strong, and play havoc with monetary policies tty Vikram Khanna The writer is BT's regional economics j editor IT LOOKS increasingly like interest rates in the world's three largest economies will
      1,131 words
    • Article
      WHAT THE OTHERS SAY
      852 12 Teet-toui treaty to vttal Hope of adopting a Comprehensive Test Ban Treaty at the Geneva conference had to be abandoned because of a veto by India in its opposition to the wording of the draft. We can agree with the basic attitude of India in demanding
      852 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      44 12 DOOMESBURY By Garry Trudeau I 9BS, I T»e BOTFR/eNP mnmm9t XXJ7EUMS ABOUT M UJAS NOBiG PEAL, THATONCB MALEX^JMMJHAT? APe\ I f 1 KJMLAIPBY&SONWUA6AIN, WU7BUJN6K YiTt, I \r< I SHE'P FORGET ALL ABOUT HIM! METT PIPN7 r I YOU HAVE TO APMTT FTtVAS A j
      44 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      96 13 1 1 ißPfc iKKik v y. t x v should I compromise J l^tew '"^Blt'rJpl^f vsp'^f r/ j. mL «i«« 4*Bfifc.. ''.jv /mik WIV 11» \Vk 9 I \Wk "iqkl w -^B yjiw JwiV ®il"' »K M lir "iW -Mi "i-- lir*. V >■ < m* f:; «B Jfr (Hjl
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  • EXECUTIVE LIFESTYLE
    • Article
      Lock icon No beds, little money but Fringe dazzles
      559 14  -  Artists are willing to go through hardships just to perform in Edinburgh, jillserjeamt finds out why JILL SERJEANT Reuter THE 18 members of Ukraine's Golden Gate Theatre company are crammed into two tiny flats and there are not enough beds to go round.
      Reuter  -  559 words
    • Article, Illustration
      Lock icon Building a palace with sorghum stalks
      332 14 A retired engineer is recreating in miniature China's f—i wmmr Reuter [BEIJING] Retired Chinese oU engineer Liu Zuo an obsession: To rebuild the sprawling summer palace of China's emperors that invading British and French troops burnt to the ground in 1860. Three years, four
      Reuter; REUTER  -  332 words
    • Article, Illustration
      Waltzing Matilda for the Sydney 2000 Olympics?
      434 14  -  SPORTS Swiarimnil tto mre popular tone tihiMrtnl ■■Ifciw By I Dunoch Divyanathan [SINGAPORE] Amid all the talk of how the Atlanta Olympics was such a sell-out to the founding virtues of the modern Olympic movement in its blatant commercialism, Australia may do the
      434 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      160 14 jl y t 'M Vt (i i j <-* i In 1995, L6•s annual aalaa gran 40X to over USS64 billion. 0/ to J I 0 f y. It's Matt Ryan's jot to listen. As a Senior Designer at LG Electronics Deaign-Teck, Matt must intimately understand tke different aesthetics of
      160 words
Page thumbnail Page 15
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      659 15 Singapore Business j" Giving you the winning edge Where to wine, dine and entertain 'i A** I lounge CONNOISSEURS RENDEZVOUS i 9 A popular rendezvous for connoisseurs of Syphon Brewed Coffee, Tea and pre-dinner cocktails. "Cosy, private and quiet' Just the place to relax, catch up with friends, clinch that
      659 words
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      Page 15 Advertisements Column 2
      92 15 I I I V i M LICHT-MEAT H BUFFET M APrataParty 2-32 August 2996 a Each day, we feature a different variety of prate. Our innovative toppings include Peppery Turn, Shlmeiji ft Shiitake Miahroom, Silvertoait ft Chinese Celery Come to Melting Pot ail seven days of the week and try
      92 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      816 15 TVVRADIO Day Rally 1996 Speech. 400 Rhoda QQ223Z2I33HiHiHiHHHH^IHHIHHHHI IAA dm -rv xu 10J0 News 5 Tonight. 130 Shanti (T). —■■V TTI —M j, 11 iia M inner tf u 00 Tuesday Premiere 730 Aattam Pattam Kondat «|i Amsl fl|! [a L3O Money, Money Money Children of the Corn 111 tamfrj.
      816 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      238 15 CttVPTIC CROSSWORD 1 Find record has finished (8) 9On this basis, there's noth- |HF jji J I ing fixed for dinner (lAS) 10 Astonish with crazy reverse |B MB 11 Happening amongst cops, I 13 OfTend with popular hair- 15 Server, or one suffering poor 16Tire— though strong, get be--18
      238 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      Try to take flight
      1479 16  -  Long distances at the Ponderosa course in Johor need flying shots, says migklaus d'crui NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review This review and further information about golfing in Asia are available on the Internet at the BT-Asian Golf Review site (http://www.asial.oom.
      1,479 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      298 16 M, y jp| When was your first time? Was it on your been put through its paces. fas wedding day? Or perhaps in a parking lot when Reflections on windscreens are analysed and the glint from the three-pointed star on top of its reanalysed. Lasers scan non-stop for the tiniest
      298 words
Page thumbnail Page 17
  • COMPANIES & MARKETS
    • Article
      SembCorp poised to make takeover bid for SML
      461 17  -  Plan in line with earlier move of increasing stake in JSL, say analysts By Rahita Elias [SINGAPORE] Sembawang Corp is poised to launch a voluntary conditional takeover of Sembawang Maritime Ltd (SML), in which it already holds a 33.22 per cent stake.
      461 words
    • Article
      ST Aerospace turns around at half time
      357 17  -  Commercial division, MMdatat boost profit to $6.9 m By Rahita Elias [SINGAPORE] Singapore Technologies Aerospace (STAe) staged a turnaround in the first half of this year, posting a net profit of |6.9 million from a $48.6 million loss at half-time last year. Its
      357 words
    • Article
      Amcol's premium ? Somewhere between $1.87 and two cents
      752 17  - Amcol's premium Somewhere between $1.87 and two cents HOCK LOCK SIEW Catherine Ong AFTER thousands of words have been written in the press about the worthless nature of Amcol shares, Price Waterhouse (PW), the firm that gave the one-cent value, now seems to want to distance itself from that infamous
      752 words
    • Article
      Newco: flagship for property, agri business?
      433 17  -  Amcol's white knight has applied for OHQ status for Sinar Mas' core operations By Conrad Raj [SINGAPORE] Sinar Mas. which last week was named as the saviour of ailing Amcol Holdings, is expected to use its proposed new Singapore company as the flagship for
      433 words
    • Article
      PW report on Amcol not alarmist
      504 17  -  Amcol LETTER TO THE EDITOR Price Waterhouse I REFER to the article headlined "s6o7m question over Price Waterhouse sums" in yesterday's Business Times. The suggestion in the article is that "Price Waterhouse has been too alarmist about Amcol's balance sheet strength". Tang Wee Loke,
      504 words
    • REGIONAL COMPANIES
      • Article
        Berjaya in M$800m asset sale
        464 18  -  Prime Utilities, Tiom&n resort stakes among divestment From. Ruth Wong in Kuala Lumpur BERJAYA Group Bhd, the flagship of tycoon Vincent Tan, and its group of companies are divesting a host of assets including land, a mall, a stake in a beach resort firm and
        464 words
      • Article
        E Resources posts 31% profit rise
        117 18 [SINGAPORE] Electronics distributor Electronic Resources (ER) yesterday reported a 31 per cent rise in interim net earnings to $4.52 million. Turnover at group level jumped 90 per cent to $370 million, due to ER's takeover of Electronic Resources Systems and Eltee Electronics. Earnings per
        117 words
      • Article, Illustration
        Lock icon Berger shares climb 40% on news of M'sian bid
        401 18  -  Reasons behind Ariza Holdings' interest unclear By Ven Sreenivasan [SINGAPORE] The stock of Berger International rose almost 40 per cent to an all-time high yesterday following an announcement at the weekend that a group of Malaysian investors was buying a controlling
        Source: Bloomberg  -  401 words
      • Article
        JEL interim profit slides 27% despite higher turnover
        222 18  -  By i Christopher Tan [SINGAPORE] Jurong Engineering Ltd (JEL) yesterday reported a 27 per cent drop in interim group net profit despite a higher turnover. For the six months ended June 30, earnings fell to $5.7 million from $7.7 million in the
        222 words
      • COMPANY Briefs
        • Article
          Tat Lee opens KL office
          59 18 [SINGAPORE] Tat Lee Bank opens a representative office in Kuala Lumpur today. It said the new unit will enable the bank "to foster and develop its international business", especially with Malaysian banks and other financial institutions in the country. It complements the group's overseas network
          59 words
        • Article
          Goldtron unaware of price-rise cause
          106 18 [SINGAPORE] Electronics-based Goldtron Ltd said it was unaware of any reason which could have led to the increase in the price and trading volume of its shares yesterday. The company was replying to a query from the Stock Exchange of Singapore. Goldtron shares were heavily
          106 words
        • Article
          ABR also in the dark
          35 18 [SINGAPORE! ABR Holdings is also not aware of any reason for the sharp increase in its share price and turnover, its reply to the Stock Exchange of Singapore said yesterday.
          35 words
        • Article
          Tri-Mix buying JTC property for $2m
          63 18 [SINGAPORE] Tri-Mix, an 87.5 per cent-owned subsidiary of Pacific Can Investments Holdings, has signed an option to buy a Jurong Town Corporation property in Sungei Kadut St 6 for $2 million. The property—with 12 years left on its lease is a single-storey factory. The
          63 words
        • Article
          Superior Metal's earnings down 66%
          42 18 [SINGAPORE] Superior Metal Printing's net earnings for the six months to June plunged 66 per cent to $611,000 despite a 14 per cent rise in turnover. The group said yesterday that turnover was higher at $26.5 million.
          42 words
        • Article
          Hartman Investment's NTA up 5.9%
          54 18 [SINGAPORE] The net tangible asset of Harimau Investments OCBC Bank's closed-end fund—rose 5.9 per cent to $2.14 as at June 30 from $2.02 a year earlier. Net profit for the half year surged 60.9 per cent to $2.13 million, with operating income rising 50.5 per
          54 words
        • Article
          Corrections and clarifications
          49 18 IN our report yesterday headlined "DBS Land posts 25% rise in earnings", we wrongly said that property trading contributed $30 million. It should have been $30 million more than in the corresponding period last year, when it contributed $56.6 million. We are sorry for the error.
          49 words
      • Article
        PSC: give nod to rights, bonus issues
        152 18 [SINGAPORE] Provisions Suppliers Corporation (PSC) directors have recommended that shareholders vote in favour of its proposed rights and bonus issues, as well as the acquisition of a A 53.5 million (513.9 million) property in Australia at an extraordinary general meeting next month. They
        152 words
      • Article
        Lock icon Cement, media business boosts MUI's interim by 20%
        259 18 AFP [KUALA LUMPUR] Malayan United Industries Bhd (MUI) said yesterday group pre-tax profit rose 20 per cent from a year ago to M 583.4 million (5547.1 million) for the six months to June 30. This was achieved despite a marginal one per
        AFP  -  259 words
      • Article
        OCBC broking unit places out part of Manila IPO
        321 18  -  From, Al Labita in Manila A UNIT of Singapore's OCBC Securities has successfully placed out the foreign tranche of the initial public offer (IPO) of a diversified Manila firm, an official said yesterday. "We had been swamped with foreign orders and
        321 words
      • COMPANY Briefs
        • Article
          Lock icon Asset sales lift Accor Asia Pac's profit
          97 19 AFP {SYDNEY] The sale of As 6 million (516.6 million) in hotel assets has helped Accor Asia Pacific Ltd (AAPC) lift net interim profit 76.5 per cent to AslB million in the six months to June. The hotel management group said its consolidated
          AFP  -  97 words
        • Article
          Lock icon Pioneer's earnings rebound to 804m yen
          76 19 Bloomberg Business News [TOKYO] Pioneer Electronic Corp rebounded to a profit in the first quarter as a stronger dollar boosted profits from overseas operations. Pioneer group reported a net profit of 804 million yen (5f10.5 million). It reported a net loss of 1.8 billion
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Shanghai New Asia's profit up slightly
          78 19 Reuter [SHANGHAI] China hotel and fast food operator Shanghai New Asia reported a slight increase in interim net profit, saying it faced fierce competition in all its main markets. New Asia, which runs 23 hotels and has a 49 per cent stake in Kentucky
          Reuter  -  78 words
      • Article
        Lock icon Australis fails to strike deal with bondholders
        234 19 Bloomberg Business News [SYDNEY] Australian pay television operator Australis Media Ltd's future remains in doubt after the company failed to broker a new financial funding package with its bondholders. "Negotiations regarding the financial future of Australis have reached an impasse," the board of
        Bloomberg Business News  -  234 words
      • Article
        CDL Hotels interim soars 85%
        321 19  -  Earnings from hotels in North America and Europe boosted results: chairman From< Quak Hiang Whai in Hongkong CDL Hotels International Ltd yesterday reported an 85.3 per cent jump in interim net profit to HK5361.74 million (Ss66 million) for the six months to June 30,1996. The
        321 words
      • Article, Illustration
        Lock icon Cheung Kong unit's interim profit up 44%
        389 19 Infrastructure group upbeat about meeting fall-year forecast AFP, AFX-Asia [HONGKONG] Cheung Kong Infrastructure Holdings Ltd (OKI) said yesterday its net interim profits swelled 44 per cent from a year earlier to HK5347.2 million (Ss63 million) in the six months to June. The newly-listed
        AFP,; AFX-Asia  -  389 words
      • Article
        Lock icon Property slump hits developer Pudong Jinqiao
        300 19 Interim profit down 66%; shares take a hard knock Reuter [SHANGHAI] Chinese property developer Pudong Jinqiao yesterday announced dismal mid-term results and brokers saw no good news for the rest of the year. The company posted a 1996 first-half net profit of 34.357 million
        Reuter  -  300 words
      • Article
        Lock icon Top Glory net profit plunges 89%
        206 19 Bloomberg Business News [HONGKONG] Top Glory International Holdings Ltd, a property, securities and food business investor, said its net profit fell 89 per cent in the year ended March 31 as it had no exceptional gains to inflate earnings. Profits after tax and minor-ity-interest
        Bloomberg Business News  -  206 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Netscape launches latest Net browser
        340 20 Reuter [SAN FRANCISCO] Netscape Communications Corp yesterday unveiled its newest Internet browser, Navigator 3.0, which features technology that automatically searches out content from the Internet based on the user's specified interests and delivers it daily by e-mail. It also features better multimedia messaging to, for
        Reuter  -  340 words
      • Article
        Lock icon Depressing days for Lilly over Prozac?
        455 20 Its corporate image could be bruised in new publicity over mass mnrder case Reuter [CHICAGO] Drug manufacturer Eli Lilly and Co is itself bracing for another round of bad publicity about its most famous product, the anti-de-pressant Prozac. Prozac is the world's topselling anti-depressant
        Reuter  -  455 words
      • Article
        Lock icon Microsoft admits to bug in its Net software
        218 20 FT [SAN FRANCISCO] Microsoft, the US software group, has admitted that there is a "bug" in the latest version of its Internet Explorer software. The admission came just before the launch of Netscape Navigator 3, the rival offering from Netscape Communications. The
        FT  -  218 words
      • Article, Illustration
        Lock icon Could Orange become a lemon?
        611 20  -  Like other tech stocks, the UK mobile phone network firm's shares have fallen By Neil Behrmann [LONDON] In late March this year, shareholders of newlylisted Orange Communications were beaming. Their shares in the UK mobile telephone network, which was floated by Hutchison Whampoa and British
        Source: Bloomberg; JEN CHUA  -  611 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Report raises doubts over Vietnam banks' financial health
        342 21 Oentral bank slams joint stock banks for lax credit controls, swelling overdue loans FT [HANOI] A report by Vietnam's central bank has exposed the precarious financial health of the 54 joint stock banks that have sprung up in the past five years
        FT  -  342 words
      • Article
        Lock icon China broker buys up rivals in industry shakeup
        228 21 Reuter [BEIJING] China Securities, one of the nation's top brokers, has bought five small securities dealers and sees more acquisitions ahead as a result of Beijing's efforts to push banks out of the stock business. China Securities Co Ltd spent 20 million
        Reuter  -  228 words
      • Article, Illustration
        Lock icon Cash cow
        66 21 [LAI YEN, Vietnam] Nguyen Van Ban tending to hiscow and its calf as they graze near Lai Yen, a poverty-stricken village in northern Vietnam. With the help of an innovative credit scheme through which Mr Ban was granted a loan of about US$9l (SSI27), his family was able
        REUTER  -  66 words
      • Article
        Lock icon Profit falls at Bank Bumi's broking arm
        126 21 Reuter [KUALA LUMPURJ Bank Bumiputra Malaysia Bhd said its stockbroking and unit trust management arms reported declines in pre-tax profits for the year ended on March 31, 1996, reflecting a bearish stock market. The state-owned bank said its BBMB Securities Sdn Bhd stockbroking
        Reuter  -  126 words
      • Article
        Lock icon Labuan financial body waiting for legal framework
        382 21 It will then aggressively market th> flffidmrfl fiimwrial centre to investors MBT [KUALA LUMPUR] The Labuan Offshore Financial Services Authority (Lofsa) will embark on marketing Labuan aggressively as an International Offshore Financial Centre (10FC) once the necessary legal framework to facilitate existing and
        MBT  -  382 words
      • SMALL Change
        • Article
          Sicom launches site on World Wide Web
          63 21 [SINGAPORE] The Singapore Commodity Exchange (Sicom) has launched its website on the World Wide Web thus joining 15 other commodity exchanges with their own web sites, a Sicom press release said yesterday. The Sicom site will carry daily updates on its rubber and
          63 words
        • Article
          Lock icon Bankers against more foreign banks
          67 21 AFX-Asia [MANILAI The Bankers Association of the Philippines (BAP) said it opposes the government's plan to allow more foreign banks to operate in the country within the next three years. BAP president Rafael Buenaventura said monetary authorities should first assess the impact on the economy
          AFX-Asia  -  67 words
        • Article
          Lock icon LA, Long Beach separate delivery sites
          41 21 AFP [LONDON] The London Metal Exchange has issued a notice to members, saying the board has resolved that effective Nov 14 Los Angeles and Long Beach will be listed as separate good delivery locations. —AFP
          AFP  -  41 words
      • Article
        Lock icon Lloyd's fails to win SEC help in US court action
        369 22 US Names are seeking to block group's £3b recovery plan, citing violation of US law FT [LONDON] The US Securities and Exchange Commission has refused to help Lloyd's of London in a potentially devastating legal challenge yesterday that claims the
        FT  -  369 words
      • Article
        Lock icon China refinery delays start-up to Oct
        225 22 Reuter [SINGAPORE] China's first joint venture refinery, the Dalian West Pacific Petrochemical Co Ltd (Wepec), is expected to come onstream in October, delaying by another month its start-up date, a source at state trader Sinochem said yesterday. "The start-up date is delayed due to
        Reuter  -  225 words
      • Article
        Lock icon Two mines merging for exposure
        279 22 General Gold, Great Southern to look at Auurie and foreign mining opportunities Reuter [SYDNEY] A key aim of the proposed merger of General Gold Resources NL and Great Southern Mines NL, announced yesterday, is to increase each company's exposure to Australian and foreign mining opportunities,
        Reuter  -  279 words
      • Article
        Lock icon Petronas takes stake in Iran oil project: report
        228 22 Reuter [NICOSIA] Petronas, Malaysia's state energy Arm, has acquired a 30 per cent share in the US$6OO million (*****.7 million) Sirri A and E offshore oilfield development project in Iran, the Middle East Economic Survey (MEES) reported yesterday. "It appears that the
        Reuter  -  228 words
      • Article
        Lock icon Euroyen surges on JGB rally
        232 22 SOKBLReport Reuter [SINGAPORE! Continued buying back of Japanese government bond (JGB) futures, linked to a shift in benchmark status from the September contract propelled both ends of the Japanese yield curve to new year-highs yesterday. December Euroyen broke above its previous year-high of 99.16 to
        Reuter  -  232 words
      • Article
        Lock icon CURRENCY REPORT
        169 22 Reuter, AFP London THE dollar drifted lower against the mark and held rock steady on the yen, but dull range-trading was the order of the day as the market awaited the week's key central bank meetings. "The failure to get through 1.4950 led to profit-taking, but people are
        Reuter,; AFP  -  169 words
      • Article
        Lock icon Boom or bust for oil search in Barents Sea
        333 22 ENERGY REPORT Reuter (OSLO) Sixteen years after the first production licence was awarded in the Norwegian sector of the Barents Sea, oil companies are again eyeing its Arctic waters as a potential source of crude and gas. But while Norway has
        Reuter  -  333 words
      • Article, Illustration
        Untitled
        1114 22 DTTERBAITX CROSS RATBS mm Aug 19 r— ten m ym 9m m «BMIi g —< 30 iT> KNpj 991 0*26 40g tgt 6.117 ***** *5» 0.8S4 6.401 1972 1145 28.161 20.719 11)5 UN 0.955 ***** ***** 020 ~flS sr ffiw a jig asaasssjjs ss?s £s a S» ass's a *5'S'S
        1,114 words
    • Article
      COMMODITY PRICES
      1589 23 srooMnrroreg Au?I9 MM <W»H ctesta* u at SJOpa) RSS1 CONTRACTU CfOM VatlMM 0»M HJjfc j£» Sttt (tut» htarart ***** ISO 475 #150 185.50 >85.00 300 2120 "ov 94 )M.50 3000 m 187.50 104.50 187JO 250 3000 J*/»tar97 189.00 189.00 109.00 300 7725 109.50 4000 Mfoift 189.50 RSI 3
      1,589 words
    • Article
      WORLD STOCK MARKETS
      2110 23 LONDON Irtnlilih Nn *h A. A. Corp Adr 541/2 -1/4 AB Ports 290 -1 AMoy Notional 586 -14 1/2 A»od Lyons 447 -1 Am* 94 11/2 Ar«8 344 Asda Group 1181/2 1/2 •AT Ind 492 -11 «CC 328 5 80C Group 877 12 BR Potroioum 431 3
      2,110 words
    • Article
      Lock icon TOKYO
      1632 23 Reuter QjjjttilMS ♦272.41 THE Nikkei Average closed above 21,000 for the first time in two weeks yesterday. But overall, trade was light with short-covering and smalllot buying boosting indices while investors stayed quiet, brokers said. The 225-share Nikkei Average ended up 272.41 points at 21,106.41. The Nikkei last closed
      Reuter  -  1,632 words
    • Article, Illustration
      Lock icon HONGKONG
      1671 24 Reuter Q Hang Seng +37.50 GAINS in the property sector lifted stocks to a higher close, with hopes of solid earnings ftvm developers generating buying interest in an otherwise quiet session. The Hang Seng Index advanced 37.5 points to 11,213.48. Turnover was HKJ3.7I billion. The properties sub-index climbed 108.80
      Reuter  -  1,671 words
    • Article, Illustration
      Lock icon CHINA
      597 24 Bloomberg Business News Reuter, FlShanghaiß Share loin +OJ2 SHANGHAI'S B shares ended up, overturning morning losses, thanks to a rebound by Shanghai Lujiazui Finance and Trade Zone Development late in the session. The index gained 0.12 point to 51.76 on a turnover of 5.5 million shares worth US$2.6 million.
      Bloomberg Business News; Reuter,; Source: Credit Lyonnsis Securities(Asia) Ltd  -  597 words
    • Article
      Lock icon TAIPEI
      371 24 Reuter DWP Intel -18U1 STOCKS sank to a sharply lower close after officials said Vice-President Lien Chan had begun a surprise and highly secretive visit to an unidentified country with which Taipei has no diplomatic ties. The Weighted Price Index ended down 181.11 points, or 2.9 per cent, to
      Reuter  -  371 words
    • Article, Illustration
      Lock icon JAKARTA
      758 24 AFP w%Composite Index +&3S SHARE prices closed nearly unchanged after late profittaking stripped a modest morning rebound, with investors mostly sidelined ahead of the US Federal Open Market Committee meeting today. "The market was very quiet, with very little incentive for investors. There was no fresh news," said a
      AFP  -  758 words
    • Article, Illustration
      Lock icon BANGKOK
      817 24 AFP P SET latex jM> SHARE prices fell in very thin trading mainly due to political concerns, analysts said. "The market was very quiet with many traders sidelined by the political uncertainty. There was some forced selling," said a trader. The Palang Dharma party last Wednesday withdrew from the
      AFP  -  817 words
    • Article
      Lock icon MANILA
      332 24 AFP Q Manila -1103 SHARE prices fell as investors continued to shy away from the market. The Composite Index fell 16.03 points to 3,092.67. Turnover was 3.32 billion shares worth 2.42 billion pesos. Uniwide Holdings, holding company of shopping mall developer Uniwide Sales, debut on the market but closed
      AFP  -  332 words
    • Article
      Lock icon SEOUL
      370 24 AFP nOwnponfliig -10J7 STOCKS ended lower, dampened by newspaper reports of bleak economic prospects for the second half of 1996. "I think the market will have difficulty maintaining its index above the 800 level under these unfavourable conditions," said a trader. The Composite Price Index shed 10.17 points to
      AFP  -  370 words
    • Article
      Lock icon SYDNEY
      606 24 AFP QAnOrtznriM +2&2 SHARES rallied after weeks of lacklustre trade, as the uncertainty which had paralysed the market ahead of today's budget began to evaporate. The All Ordinaries Index gained 28.2 points to 2,261.5. Turnover was 263.8 million shares worth A 1601.5 million. Treasurer Peter Costello is expected to
      AFP  -  606 words
    • Article
      Lock icon WELLINGTON
      256 24 Reuter □Wellington *17.11 SHARES rose as investors continued to re-rate Telecom following last week's announcement of an 11.2 per cent rise in first-quarter profit. The NZSE 40-share Index rose 17.11 points to 2,167.25. Reuter 1 *h mm ANZBanMn* 7.50 *020 ***** Advantagai Htdqt 1.57 unch 3000 AirNaw2aalan4<A) 3.06 -0.01
      Reuter  -  256 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Blue chips lead stocks higher
        7947 25 Bloomberg Business News Composite Index +L 27 SHARES closed firmer on mild buying by institutional funds in selected blue chips. A fall in Tenaga Nasional was offset by a rise in Telekom Malaysia, which was buoyed by expectations that its cost-cutting moves will boost earnings.
        Bloomberg Business News  -  7,947 words
    • WARRANTS & OPTIONS
      • Article
        Antah wit reasonable premium
        3697 26  -  WARRANT WATCH -By\ Paul Leo ANTAH HOLDINGS warrants were among the most actively traded on the local bourse yesterday. The instrument rose three cents to 94.5 on a volume of 3.88 million units while its underlying share also rose three cents to $1.82 on 574 lots.
        3,697 words
    • Article
      CLOB INTERNATIONAL
      2275 26 MALAYSIAN STOCKS Or Qf 199 V Op» LaatOuata Dh Ok n NK M Caa Ht» La» Stwa Ciw>—y M« fOOO) U» 8uyr SaBar Cvr P/f *4 ms5QOO AISBSOc 378 3 19 382 378 376 380 53 4.9 04 7U 3877 119 84 mi 5001 AMOBSOc 105 -3 1016
      2,275 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1176 27 TURNOVER fOOO) VALUE COOO) Main CM* TH* Mjjn CI— Trtrt kKhistri* 57,230 15,181 72.411 132.463 33.413 165,875 Ftownc* 3,388 6.627 10.015 29.502 9,629 39,130 [J®** 1 793 4S0 1.243 2.750 699 3.450 PropwtiM 2,894 12.159 15,053 19.825 18,613 38.438 724 724 1.751 1751 MWn 9 551 551 1377 1,577 6.785
        1,176 words
      • Article
        MAIN BOARD
        4512 27 Gr Or M Wt '996 Last Vol Day La*t Ouott M« Dlv VM Net Cm Ava "N> L— StN* Cwnwy Stt» COOP! W0l U» Ewyar Mhr CV p/c lai Prkt INDUSTRIALS 5)46 ASENT$K> 200 US- 214 165 1258 ActrSOc US181 180 >82 5.0N 7.5 1.0 1L2 299 6
        4,512 words
      • Article
        SESDAQ
        655 27 s rjs» Vj- ft a; £s^S WIM 'JJ 95 2000 A8R HMgs 5c 196 *7 1279 212 187 195 196 IX) t4i 0.1 122.5 87J 183 90 68 t AS Auto Kk 72.5 *1 185 74.5 71.5 73 7XS 75 J yi 2 25 ®5 2001 A,lam,,ri 50c 136
        655 words
      • Article, Illustration
        HOT STOCK
        72 28  -  if] Paul Leo CASH fell three cents to $2.03 with 931.000 units traded, less than half the previous day's 1.91 million units. Looking at the intra-day charts, the decline was due to profit taking around $2.08. Hence, any decline back to support at $1.95 is a buy for
        72 words
      • Article, Illustration
        Volume surges as takeover news rekindles interest
        845 28  -  STOCK MARKET COMMBXTARY Berger, Tr&nsm&rco and Goldtron surge, while Sing Tel drops on news of $2JH) share price under second tranche offer By Larry Wee [SINGAPORE] The spotlight in trading yesterday fell on Berger International and Transmarco, both of which are targets named
        845 words
      • ON THE GRAPEVINE
        • Article
          The Great Sale's still on
          137 28 THE Singapore Sale is still on, at least for some Indonesians and Malaysians who have turned their attention from the Republic's shopping malls to its listed companies. In just over a week, businessmen from our neighbours to the north and south have added four Singapore-listed
          137 words
        • Article
          Bridging the link with Berger?
          81 28 GUESS what paint the Malaysia-Singapore second link will wear? Market wags reckon that the leading contender for the paint job is Berger, given that one of the three gentlemen in the party that is offering to buy a 52 per cent stake in the listed
          81 words
        • Article
          They don't make 'em like they used to
          73 28 TALK about a disposable culture. An executive at a telephone equipment retailer, when approached about the frequency of breakdown of a customer's phone and the repair costs, said: "It might be cheaper to get a new phone." As if that wasn't bad
          73 words
        • Article
          PMS? – Well treat that too
          45 28 PMS? Well treat that too UNITED ENGINEERS has taken a stake in a newly-formed healthcare company with the unfortunate acronym PMS Pacific Medical Systems. For those who wonder whether PMS will treat the feminine medical problem with the same initials, the answer is: probably yes.
          45 words
        • Article
          Let's drink and make up
          96 28 WAS it an apologetic or celebratory gesture that Thaksin Shinawatra made when he sent an expensive bottle of wine to his former political master, Prime Minister Banharn Silpa-archa, late last week? Dr Thaksin, leader of the Palang Dharma Party which pulled out of the coalition
          96 words
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      155 17 While Others Work Hard To Over 8500 Installations Testify That We Make Communications Wo»k For You. To date, Singapore Comm has completed more than 8500 installations in big corporations and small firms all over Singapore. Our professional and highly J* reliable aftersales team gives you all the support you t
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      151 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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      128 18 OUTDATED BATCH PROCESSING TO REAL-TIME ACCOUNTING It means no more validation, posting, updation, RTjn day end, month end, etc. You make an entry and everything is done automatically, instantaneously. Check out the power of FACT Real-Time Business Accounting Software. bf&fl WorldWideWeb http://www.fact.com.sg INSTANT E-mail info fact.com.sg ACCOUNTING Toll Frw 1800-*****32
      128 words
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      147 19 mmm «s» w 'l i I I J Iff set a Bah* touch I Fjfl K||g9 111^9^ Efff W Eay«i<ib%«<VMßMMi of and b>» "*gW »Bf*o*ftl*n. Iff got o ttiong body This forklift will take a load off your mind. Its all-new power features and ergonomic design ensure Bettor reinforcement for
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      7 19 Singapore Business -Giving you the winning edge
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      122 20 Announcing the M FUND OF THE YEAR AWARD presented for the following categories: (calculated over 1 and 3 years to 31 August 19%) Singapore Equity Funds (CPF approved Funds investing in the Stock Exchange of Singapore) Singapore/Malaysia Funds (Funds investing in both the Singapore Kuala Lumpur Stock Exchanges) fl Regional
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      62 20 owe (3pove E R V I C E DLJ A PARTMENTS SERVICED APARTMENTS THAT SPELL PARADISE 3 bedroom apartments available ovm fariliries Drvdoper 6 7 TSIT GVf DEVEL O p MENTS limited I vE) I 6 Robinson Road 12 0-01 Minimum 1-month lease V%\ 2 u Y 2 U"f::r7 2
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      14 21 Serviced Offices and Workstations for short term letting at attractive rates in prime location
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      283 21 n* Business Class seat Business Class mileage benefits Super Relax Seat Business Class meals (Choice of Western Welcome gift or Japanese cuisine) S|PMnnH^gaM|Mß^HH| Business Class service We are pleased to announce that with effect Personal TV games and entertainment I from Ist September '96, we'll be offering our Advance request
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      113 22 RMI6O NETT A NIGHT! JUST HOW DO THEY DO IT?" (Mr. FumnO'Keeffe, Accountant) be one the ever the Golden newly for a mere a my calculations? Or could it just be one of life's mysteries? Oh any now take a relax a by the For double occupancy, inclusive of ABF,
      113 words
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      61 24 Express yourself with unique French style. PARIS aterman Le Man Rhapsody. y—r\ has its own blend of and subtle colors and a solid 18k gold nib. Ir\ Designed with the elegance that is the signature of Paris. \rr L expression personnelle. Guaranteed for life. WATT? f?MA \f 111 Available at
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      66 25 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 Heng
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      21 26 Alfred Dunhill Thf. Centenary UJ G/as&ic&Ur treasiires since 'tis// AviAi//a/ C7%r Lfarayoti. }yrr {///> foyo './(a/flr* (>*{'/■ /kuwarti fta/iy (>onrt a/id/eat/i/iy ttntfcA rrtat/em
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      7 27 24-hour business centre. SHIPPING times, PAGE 14.
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      129 27 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 QuickSlock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 months i) 6 months Q 3 months at 5560.00 at 5540.00
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      272 28 BUSINESS Notices i<> \l>\l K I isi i i i <iii -ik ii isoo 7 4 i is s 3 IN THE MATTER OF THE COMPANIES ACT, CAP. SI AND IN THE MATTER OF CHANG CHENG (S) PTE LTD (la Volvntaiy Liquidation) FINAL MEETING NOTICE is hereby given pursuant to
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      Page 28 Advertisements Column 2
      201 28 IN THE MATTER OF THE COMPANIES ACT,CAP. SO AND M THE MATTER OF UAH SHANG PTE LTD. (In Meaban' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Chapter 50, that the Final General Meeting of the Members of the abovenamed Company wM
      201 words
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      Page 28 Advertisements Column 3
      570 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF IN CO PROPERTIES PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 30 that the Final General Meeting of the Members of the
      570 words
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      Page 28 Advertisements Column 4
      380 28 IN THE MATTER Of THE COMPANIES ACT. CHAPTER Ml AND IN THE MATTER OP RERTICA TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OP PINAL MEETING NOTICI-: IS HhRHBY GIVKN pursuant 10 Sccikm MX of the Compan.cs Act. Cap. 50 that the Final General Meeting of the Member* ot the abovenamed
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      Page 28 Advertisements Column 5
      807 28 Singapore Closing Share Prices 19/8/1996 CLOSE PREV LOW HIQH *1111* US$ US$ US$ US* mill## Jardine Matheson 6.30 6.65 6.30 6.66 rrmvn Jardine Strategic 3.20 3.10 3.20 3.20 m\Bsßr A Da "v Farm 0.83 0.84 0.83 0.845 Hongkong Land 2.38 2.29 2.20 2.30 Mandarin Oriental 1.30 1.42 1.38 1.3g BiOttSi
      807 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      292 29 Knight-Ridder, Reuter THERE were mixed views about the direction of freight rates for Panamax tonnage, particularly in the Atlantic, brokers said. Biffex ended a volatile week at its highs, Clarkson Wolff said in its daily Biffex market report. Another strong Baltic Freight Index was recorded at 11 points
      Knight-Ridder,; Reuter  -  292 words
    • Article
      MARITIME STOCKS
      295 29 SCS *000 htm s$ *f- «m C»t Distribution US -0.01 4 Chuan Hup Hoidings L02 unch 80 Cosco Investment 1.25 -0.03 34 Fets 6.55 unch 3S Freight Links 0.72 *0.03 GfeHoMngs 1.00 *0.049 163 Hai Sun Hup 1.05 *0.01 535 Hitachi Zosan 0.79 -0.01 19 kncHoldtogs Hk5.60 Jays
      295 words
    • Article
      S'pore's first half box cargo growth jumps 9.3%
      409 29  -  Port dosing in on Hongkong, which posted 5-month growth of 4.2% By Yong Mei Fong [SINGAPORE] Singapore is closing in on Hongkong, the world's number one container terminal, with its container traffic growth for the first half of the year doubling that
      409 words
    • Article
      CWT setting up container freight station in Madras
      197 29 [SINGAPORE] Singaporebased warehousing and distribution group CWT is building a container freight station in Madras. Its logistics venture in India, MAC-CWT Distripark Ltd, held a foundation-laying ceremony yesterday, with Port of Singapore Authority chief executive officer Khoo Teng Chye as the guest
      197 words
    • Article
      Lock icon Five groups bid for container port in Bombay
      250 29 PSA and Samsung said to be members of one consortium Business Line [BOMBAY] Five consortia, with one that includes the Port of Singapore Authority and Samsung, have bid for the proposed private container terminal at Jawaharlal Nehru Port. The project was originally
      Business Line  -  250 words
    • Article
      Bulk carrier sinks after collision off S'pore
      215 29 [SINGAPORE] A bulk carrier sank just outside the Singapore port limits yesterday after colliding with a container ship. All 32 officers and crew on board were rescued. According to a statement from the Maritime and Port Authority of Singapore, the collision took place
      215 words
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      Lock icon Taiwan weighs alternatives to HK
      93 29 Bloomberg Business News [TAIPEI] Taiwan government officials are considering shipping to China via the Philippines and Singapore if its links to Hongkong are cut after the territory reverts to Beijing's control next year, the Economics Daily News reported yesterday. Taiwan officials say Beijing has been
      Bloomberg Business News  -  93 words
    • Article
      Lock icon Freight market firms up but still long way to recovery
      314 29 Reuter [LONDON] A dramatic fall in seaborne freight rates of some 60 per cent in not much more than a year may have started to bottom out, but wary brokers say that anguished shipowners still face a long haul. The
      Reuter  -  314 words
    • Article, Illustration
      Lock icon When flying is the way to go
      933 30 AIR CHARTERS: GETTING GOODS TO THE RIGHT PLACE AT THE RIGHT TIME Sometimes chartering a plane is the only choice when scheduled air service isn't available. Or the load is so urgent or perishable that it has to go by itself at once.
      Journal of Commerce  -  933 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      289 30 PACE EES 13 ACL if Ethiopian 6 Aetocean 15 Eurohans 6 ANl 3 Evergreen 6 Abie 13 E*ef prime 13 Accord 12 Famous 7 Ahrenkiel 4 rMW.?" 5 7 Appenship 4 rlZ. c Astro 3 foo«QS«n 2 Austral 11 Avant 6 0rW BSA
      289 words
    • Article
      SHIPPING GUIDE
      15360 36 EXPORT ETA ETA Advertiser Vnul Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number A To BOSTON (BOS) 2054 Massachusetts. United States To ABIDJAN (ABJ) 2003 22/00 /OT h. rotteroah 035E 65utcui Ivory Coast, Cote D'lvoire N/10
      15,360 words
    • SHIPS Df POBT
      • Article
        CONTAINER SCHEDULES
        2139 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From Ac> 3046 20/1300 M 19/1500 19/1659 19/1900 Ac jm« 304C 22/2000 M 19/600 19/165* IWIN* J 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700 He. 2360 22/2359 3 "20/0700 20/1159 20/1400
        2,139 words
      • Article
        CONVENTIONAL WHARVES
        779 43 Vessel Voy No Berth Arrival Departure Batam Indah N303 '•JJj alongside 20.06/2300 Bt Berkah 38/96 J01 alongside 19 08/0500 Bt Fa Barv 13/94 J01 alongside 19.08/1730 Bt Paj N0795 39/96 JOI alongside 19 08/2200 Bt Sur III 74/96 JOI alongside 19 08/0100 Bt Sury ***** JOI alongside 19
        779 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Car rental getting more popular in Shanghai
        376 44 There are 9 firms with 900 vehicles and new highways are seen to boost business AFP [SHANGHAI] Car renting, flrst introduced to Shanghai in 1992, is becoming more popular as the number of people with a driving licence grows, a newspaper reported last
        AFP  -  376 words
      • Article
        Lock icon Chrysler scouting for factory in Philippines
        119 44 Bloomberg Business News [MANILA] Officials of US car-maker Chrysler Corp will be in the Philippines this week to scout the country for a factory that would make cars for the South-east Asian market, Business World reported. Three Chrysler executives will hold exploratory talks with
        Bloomberg Business News  -  119 words
      • Article
        Lock icon 700-km Aussie highway to be rebuilt in A$2.2b project
        211 44 Reuter [SYDNEY] The Australian and New South Wales governments plan a A 52.2 billion (552.42 billion) project to rebuild the 700-km Pacific Highway north of Sydney. Federal Transport and Regional Development Minister John Sharp and New South Wales Roads Minister Michael
        Reuter  -  211 words
      • Article, Illustration
        Lock icon Mercs assembled in Vietnam
        60 44 [HO CHI MINH CITY] A Vietnamese employee working on a Mercedes E230 being assembled at Mercedes Bern Vietnam Ltd factory, located in the suburb of Ho Chi Minh City. The first Mercedes E23oassembled in Vietnam rolled offfrom the factory recently. The car, now on sale in
        AFP  -  60 words
      • Article
        Lock icon GM unit in Thai venture to offer vehicle financing
        238 44 Move is also part of strategy to lift car sales in Asia AFP [BANGKOK] The financing arm of General Motors Corp announced a Thai joint venture yesterday to offer vehicle financing, just two months after the US automotive giant released details
        AFP  -  238 words
      • Article
        Lock icon A clean bill for HK subway
        208 44 AFP [HONGKONG] Underground rail network in the territory is safe and reliable, despite several recent breakdowns, a British rail expert said in a report released on Friday. Alan Cooksey, a deputy chief inspecting officer with the British Railway Inspectorate, said the subway was "extremely
        AFP  -  208 words
      • Article
        Lock icon Americans keeping their cars longer
        260 44 Reuter [DETROIT] Americans arehanging onto their cars longer than ever because quality is better and new car prices are sky-high, says a recent study released by Polk, a database marketing firm based here. The study also found that Americans are crazy for light trucks, sport
        Reuter  -  260 words
      • LOG Book
        • Article
          SIA opens new maintenance centre
          81 44 [SINGAPORE] Singapore Airlines group chairman S Dhanabalan yesterday officially opened the group's new maintenance centre, SATS Maintenance Centre 2 (SMC 2). The new centre provides subsidiary company SATS Airport Services with workshop space for maintaining a fleet of more than 400 "fast moving" ground vehicles
          81 words
        • Article
          Lock icon Thailand's July car imports down 61%
          48 44 Reuter [BANGKOK] Thailand's passenger car imports dropped 61 per cent in July to 1,400 vehicles from 3,616 in the same month last year, the Customs Department said. The department did not give a reason for the sharp drop in car imports. Reuter
          Reuter  -  48 words
        • Article
          Lock icon Toyota's Aussie workers continue strike
          72 44 Reuter [MELBOURNE] Workers at Toyota Motor Corp's Australian subsidiary voted yesterday to extend their week-old strike, whichhas*shut dqwn the company's Melbourne assembly until next Friday, a trade union official said. The Australian Manufacturing Workers' Union, which has led the strike by over 2,000 blue-collar and
          Reuter  -  72 words
        • Article
          Lock icon Egypt seeks bids for El Alamein airport
          66 44 Reuter [CAIRO] Egypt's Ministry of Transport on Sunday invited private investor bids under a build-operate-transfer (BOT) formula for an international airport at the World War U battle site of El Alamein. TJhe ministry said it would receive bids throughout SepteVnber. Tourism Minister Mamdouh
          Reuter  -  66 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1390 44 CITY FlICHT ETA FLIGHT ETD 0F6 1845 S0326 2355 Ofca—H GA974 2335 LM7W 2359 UKiMt S0230 1830 0F82 2055 Frtwafca SOW 1700 S0990 OW Qfw »3o Mw mam mo Amsterdam GA897 1045 GA892 0030 Gmava SRW7 2320 555 Si! ?Jt! 5t2 MU5I07 TO) CZ354 0925 *****
        1,390 words
      • Article
        Lock icon Honda may face civil penalties: US report
        151 44 AFP [NEW YORK] US safety regulators plan to ask the Justice Department to hit Japan's Honda Motor Co Ltd with civil penalties for allegedly withholding information about potentially faulty seat belts in 1986-91 cars. USA Today reported. The allegations arise from last year's
        AFP  -  151 words
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      15 29 When air chartering is the waytogp Charter management firms come into their own. Page 2
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      Page 29 Advertisements Column 2
      244 29 Car rental getting more popular in Shanghai More people with driving licence. Back Page "7 BUIIETIN BOARD 15 Uniglory's New President I '-J m A|T V ap;t«P i|^^^^^^^^^^^^^HH|||lHHl|lll|||jl Calling freight forwarders, play your favourite V&IMH(LB2Mm amc °f B°'f f° r a K°°d cause! The Singapore KUrW Freight Forwarders Association is
      244 words
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      596 30 I*3— Bllgl I NOtmiAttmK* I I mILFimtHAN SUB-CONTINENT SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) |GULF KARACHI EXPRESS (QKX) jjjjj* WT lou|wn sa u I vtssa vor om ju m coi ii ■OITOfAZ SOW 20/07 01/01 02/01 04/00 23/00 NOl KOI OX 10/00 H/00 U/00 22/00 24/00 KPTUNI AUXANDOITt 25W
      596 words
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      Page 30 Advertisements Column 2
      758 30 Lines services represented (by Members at the Registry ot Members at the UVSyj/ Accredited Shipping Agents. S«gapore F«*ght Forwarders >. Stxxe National Shipping Assoc Association. C ShiphngTimesOnune Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 «Jarrod Leong 740-2089 Philip Koh 740-2382 EXPORT 3 x Japan -2 x
      758 words
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      1350 31 I PACIFK SOUTH WtST EXPRESS (DIRECT) vssa vot |na Is* eta Ism hp lux loot owao chi 1 kyc ah. hou nor j«a AftMMM 009( 119/00 21/ OS 72/08 04/09 10/09 11/09 11/09 12/09 12/09 11/09 11/09 U/09 AftKQgA 0091 26/0« 28/01 128/08 13/09 17/09 l»/09 18/09 19/09 19/09 U/09
      1,350 words
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      Page 31 Advertisements Column 2
      2164 31 I HANJIN SHIPPING I USA CANADA* UHIHAIA/VOT MM SM SO POI TTW TOf "pj" DTT PCX Wt tWI mm QQS WYC OB TVR TT2 TUi TYC TIG H. OOTTBPAQ 0351 20/00 22/00 12/09 15/09 15/09 15/09 15/09 17/09 "u/OO 10/09 14/09 17/09 10/09 "lj/09 10/09 14/00 19/09 19/09 l»/09 14/09
      2,164 words
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      Page 31 Advertisements Column 3
      100 31 ORIENT EXPRESS UNES (U.K.) LIMITED l/EL (MANAGER FOR SHREYAS SHIPPING LIMITED) J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VOY SINGAPORE lOMIAY VESSEL VOY IQMIAY SIHCAfOtE LAAAPHUN NAVEE 201 24/06 01/09 LAMPHUN NAVEE 200 18/08 24/06 EUZA 301 28/08 09/09 EUZA 300 20/08 28/08 ORIENT MUMBAI 102 01/09 09/09 ORIENT MUMBAI 101 24/08
      100 words
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      943 32 rdgc r ———f* KHft VOT HAM rMM ANT LHA S7ON P KfLAMG SIM H«6 WO IYO *tyl «Ojf w£ HOKHST EXPtESS MEMI" W/7 I 2/1 I j|J\~ »1 XOWIOONUY 01 EGO 24/7 21/7 I W~ 30/7 TV* W~ NnAiiAit ~iotA3i" ~iy7 m fj nk W OSAKA MY 0)831 V» 2/1
      943 words
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      Page 32 Advertisements Column 2
      1527 32 I NORASIA" I VESSEL VOV SIN PKLI OOA LAS BCL VALALOROT ANT FEL LMA I MSC CARU 9632 3 MM Z2.W 06OT 11-09 MOT 15OT 1708 12t» 13,09 HOT IMB f NOR FfIIBOURG M 33-3 VIM 29.08 1308 1&OT 15.09 22-OT 2409 19OT 20OT 2QOT 220T I NOR HONGKONG 9634
      1,527 words
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      Page 32 Advertisements Column 3
      470 32 Shipping Times, Tuesday, August 20, 1996 Direct Container to T 1 Fangcheng a Zhanjiang I —i® Vessel s>pore Fangcheng UANBAO 29/08 04/09 06/09J VI 'Nil I /VOffTRAISI^! Mvltf-Purpose RO/L0 Corner Acceptmp RO/RO, Ramp Capacity opto 40 tons Heavy Lift opto 65.5 tarn Conventional/ Bred fti /Commer/Reehn Cmtdmm Thai Flag Status
      470 words
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      Page 33 Advertisements Column 1
      1145 33 STRAITS SHIPPING PTE LTD -flßfp JWfM 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SAMH t IRUNtI CONVENTIONAL SERVICE I SARAWAK CONTAINER SERVICE ra** l VOT fill I WM 1 »> Ivissa I VOT iSWGAfOM I KUOMNG STUmSTM Wtm M/ 08 I 14/08 25/01 CAIAKA
      1,145 words
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      Page 33 Advertisements Column 2
      1303 33 y ACCEPTING TO TUNIS, TRIPOLI BENGHAZI VIA GENOA, CASABLANCA I ALGIERS VIA MARSEILLES a*nwmmm Jot** ow COSTak SHIrrINO rTt LTD 7*; *»«rccw cj* i jwsjm costac ttuotiuu smmd ms« i/l 4»mcj r.n-.in rii> > «»i/w A Ik«N» W»f #1/41 MS M| fanr J MN4 »i»W«W CfTMr fu.JUSHS t*i/SUIIU/li/ fact/-ISMI/t (Me
      1,303 words
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      Page 33 Advertisements Column 3
      553 33 I OVTtPVHP _HL.-JH OL _Jl_ JSk M HI SL_ _JSL_ JSL _J»SL _JH BSi !SL —SSL WAWAI2I2/W4l 18/W aa 21/08 SMI 77/01 W/W XAM 31/08 WW OS/W 01AH 08/W 07/W W/W 07/W mmmm. jml jm oumwbi/wio m m imi C2/W ow wn bo/w io/w n/w 12/w ivw ivw ivw ivw
      553 words
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      1392 34 EUROPfAfIC/SCANDINAVW/FINLAKD/fWISSIA ■ISiISEH c SGP ROM ANW HBG THP LHV LHV THP ROM ANW HBG PKI SGP S2 J22 IF* 14/9 1M 1M E. GOODS RE-W) 21/7 38/7 22/7 24/7,. 28/7 19/9 21* I 2l2rre e!2* t« 1/ 13/9 E. GLEEFUL RM44 4/1 7M 1/8 M 1,9/9 2/» M EMMOMMiniSia i2q
      1,392 words
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      Page 34 Advertisements Column 2
      815 34 I VfSSEI VOTAd SGP MM AM OMN lAH IWT Ml VfSSCL VOYAGE DM AM MM MM SGf lUMOMWUC 041/W7W 71/01 07/W 03/04 (HAW M/ 04 UM COMCOCO *****XK 17AN 12/ M 11/ M 14/01 71/01 I llMata* *****34W I»/W M/W 0»/W 11/W 11/W UMCWOIU 04IS-03IE 71 AN 77/ M 7VM
      815 words
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      Page 34 Advertisements Column 3
      737 34 S RICHFIELD MARINE AQENCES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Unas) CR NO: **********0E ~~f I \m ETHtOPIAH SHIPPING LMES (National Lines of Ethiopia) !j ACCEPTING FCL AND CONVENTIOWAL Vimil Voy ETA Loading tor i Spor» Momb**, Djibot* "*V Aoyoi w»b IaAW
      737 words
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      743 35 i BSfl a -*M* MYANMA PHlk FIVE STAR LINE (Myaiimor National Lin*) Loading for Yangon (Rangoon) wsstl VOY SIN PKG PIN PGU HPA-AN 226W $10 PATHiIN 137W SID MALAYSIA AGENTS: BOUSTUD SHIPPING AGCNCIIS -NMfc Til 02-03-*****00 MO; Id 02-03-*****01 PIN: Til 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE j (A sarvko
      743 words
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      Page 35 Advertisements Column 2
      1267 35 A HYUNDAI MERCHANT MARINE CO, LTD. WESTBOUND TO EUROPE BKG: *****32 PNA I PKI POP I VIStIL/VOY VOY lUN "1 »TM I AMI UN j HAM IWI FIL 21/08 23/00 24/00 HI KPIORIR 124W 26/08 13/09 1 5/09 17/ M 15/09 15/ M 17/09 20/00 30/00 31/ M HI ADMIRAL
      1,267 words
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      Page 35 Advertisements Column 3
      477 35 Jl FAMOUS CONTAINER LINES f 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 11 HOT LINE: *****33 (30 LINES) k ti I /DIRECT (SERVICE/ WEEKLY fV X V l\ SAILING C Attractive Greece RATES^OFFER CALL OUR HOTLINE *****33 CONTACT RAMLAH NOW tt P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10
      477 words
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      Page 37 Advertisements Column 1
      58 37 To retrieve more schedules, just follow these simple steps... StepX"j)The document gu&\ 740-6000^^sP/^ tep be faxed m Select the port I your Step key in the four W Johone number y/j 0M digit code Key in your Example: —I—. fax number To HAMBURG (HAM) 2150 for calls within Singapore Germany
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      Page 39 Advertisements Column 1
      524 39 Tropical LC L fcl wvk« SHIPPING America SI MERCURY SICHAMPION p«h 009E 015E Poft Country 27/08 03/09 Belize City Belize 30/09 07/]0 Bridgetown Borbodoj 03/10 10/10 Cortageoa Colombto 02/10 09/10 Castries Si Lucia 02/10 09/10 ilH Fort de France Martinique 03/10 10/10 Freeport Bahamas 28/09 05/10 K,o g s oo
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      Page 39 Advertisements Column 2
      1403 39 ADVANCE CONTAINER LINES (PTE) LTD I 'f\ I 140 Cecil Street. #12-00, PIL Building. Singapore *****0 r%V l—Z TEL: *****21. FAX: *****19. TELEX RS ***** ACLPL CR NO **********0E IANCKOK If JAKARTA 11 n WW.. II VtSSH. VOY SIN IKK 1 VESSEL VOY SM JKT SM SftSAMUT SKS227 21/06 Wed
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      Page 39 Advertisements Column 3
      836 39 VOY LE HAVRE HAMBURG "THAMESPORT ROTTERDAM ANTWERP VH-LE D'AQUILA AIBW ZVO6 31/06 09/09 10/09 12/09 m» VWXEDCCARWA CWH 27/06 07/09 16/08 17/09 14W5 20V09 22/09 V*X£ OE SAGfTTA SI6W 03/06 IVO9 23/06 24/09 26/09 27/09 29/09 |Vai£DEWORMA NI6W 1009 21/09 3(VOe 01/10 Q3/1Q oS/10 WO ALSO ACCEPTING CARGO TO AU.
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      Page 40 Advertisements Column 1
      1717 40 I VESSEL VP* SIN JKT [VESSEL VOY SIN PEN VESSEL Znv SHS EAQLE TIDE' 141 Tu« In PI St 24/08 B MAS QUA »11T Tu» In Pt Thu_ 22 H WANA BHUM 340$ W«d 21/06 Sun 25/06 JARU BHUM 6735 Thu 22/06 S« 24/06 NANTA BHUM 306N Tlx In Pt
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      Page 40 Advertisements Column 2
      935 40 11 DUXTON HILL, SINGAPORE *****5 CR **********0N fTRAITS SHUTTU MRVICI FORT KLANO PINANG VMIU VOY WW PKL V»»«L VQY Mw jjjji SIA UNK 456N FRI 23/08 SAT 24/0$ RITA V ***** WID 21/01 FRI 23/08 MCC VANTAOI 6Q68 SAT 24/08 SUN 23/01 LUCK 6009 THU 13/01 SAT 24/01 SIA UNK
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      Page 41 Advertisements Column 1
      688 41 tt ft WPR^IJI J SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY #0«-01 THE ARCADE SINGAPORE *****7. m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: ■VESSEiyVOY ETA SIN ETAHKG ETA SHA W/T HKGi Beiiioo^Chiwon, kHANG YING 9621/9622
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      Page 41 Advertisements Column 2
      803 41 |*Afl MN CONTAINER LUES, INC I Agents: MAC-NELS SPORE: *****22 (24HIES) kuchino:<oe2)*****3 1 IV/ \~J QW NO, IaooTSOOOOB 8JBU: (064) *****9 If MANILA: <f3Z) *****61 PENANQ: (04) *****6 BANGKOK: (662) *****67 SURABAYA (31) *****0 P KELANQ: (03) *****77 JKT (21)*****07 MON: BANDUNQ: (22) *****86 20TH ANNIVERSARY OFFER:-(LOWEST-LOWEST RATES) SYDNEY/MELBOURNE/BRISANE ETA
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      Page 41 Advertisements Column 3
      401 41 PT WENDER i CONTAINER LINES ATTRACTIVE FCL/LCL RATES TO: z Indian Sub-Continent Ports: -J MADRAS BOMBAY CALCUTTA COLOMBO 2 CHTTTAGONG NHAVA SHEVA PORT KELANG PENANG MADRAS WWSHPG FWDG (P) LTD TEL 91-44-534 0450 FAX 91-44-534 0200 BOMBAY WWAGENCIES PVT LTD TEL 91-22-207 5832 FAX 91-22-207 5831 M PKLANG SUASA MASYHUR
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      Page 42 Advertisements Column 1
      302 42 SHIPPINGTIMES BUSINESSCENTRE Your worries are over when it comes to: •Engine Overhaul Precision Machining Document Cods In-situ Repair Specialised welding am* f Hard Chroming Thermal Spray Coating OU I We are a precision engineering company an J cater for Marine, Construction, Totol Oil Gas and Industrial Excellence Engine Machinery Equipment
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      Page 42 Advertisements Column 2
      253 42 To advertise in M Business Centre I 1 now S'" request for J Document Code 8000 9 Shipping Times Business Centre J Advertising that delivers your business tacts through the (ax Entrust your multimodal shipments QAAX to members of the uuuu I SFFAMTO f stamp of 1... You will be
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      Page 43 Advertisements Column 1
      104 43 ggm |n I OZGUR AKSOY 20/08 24/08 Rdm/Atw/UK/Nan I ASPILOS 26/08 Atw/Rdm/UK I AGIASOFIA 12/09 18/09 Rdm/Atw/UK/Nan I Loads E-/W. Malaysia, Indonesia I I Loading (or 1 PtSTIS Dubai/A. I AYNUR KALKAVAN Hodeidah/Jeddah/Pt. Said/Tripoli I HERMELIN Dubai/Doha/BahrairVDam man/Kuwait LEOPARD 1 Dubai/A. Dhabi/Doha/Damman/Kuwait I S. FRONTIER Hodetdah/Jeddah/Aqa/Pt. Said/Tripoli I 'Loads Singapore,
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      Page 43 Advertisements Column 2
      74 43 yLONGWAY INTERNATIONAL SHIPPING AGENCIES® PTE LTD BLK 809 FRENCH ROAD #06-144 KITCHENER COMPLEX SINGAPORE ******-TEL 2*2 4700' FAX 2*2 2770 CR: ***********W (LONGWAT) Regular LCL/LCL Consol Services Special Low Rates HONG KONG JAPAN PORTS CHINA U.SA •JAKARTA (INLAND POINTS) SURABAYA SURABAYA (BASE PORTS) BUSAN all inland points MANILA 6 LINK
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      Page 43 Advertisements Column 3
      229 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 Han at 548 9584 or Stella Can at 548 9585. JIN XING DISTRIBUTION SERVICES PTE LTD I PORT KLANO 23/8
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  • Page 44 Miscellaneous
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      Page 44 Miscellaneous Column 1
      122 44 LEGEND: R Thunderstorm Temperoture c X\ y Shower Weother Wind drection with speed m knots Rom W Cloudy Sky Wov winds ore indicated by orrowi which Hy with the wind \Z) Ofe ful circle represents colm or kght ond variable winds 1 I One holf Heche represents 5 knots l—fc
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