The Business Times, 30 August 1996

Microfilm: NL20626
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, AUGUST 30,1996 >*85c
    13 words
  • Article
    Robert Kuok prepares to list Allgreen Properties on SES
    467 1  -  Lacklustre market might see listing delayed 12-18 mths By\ Diana Oon [SINGAPORE] Malaysian tycoon Robert Kuok is preparing to list his property development business here on the Stock Exchange of Singapore under Allgreen Properties. DBS Bank, which is underwriting the Allgreen
    467 words
  • Article
    MARKET SUMMARY
    52 1 as.., PI BTOOMP Una* (+2.39) f"I BT-MOA mm MOJII3 (-2.27) gg J^UFTMOOD: gTOCH MJJUEBT DUHCBS KL88O0»-_-!jSf# —!5S NOCKS -166.66 HANG SSNO .limil -51.28 SET BOB IIMlM -6JS MKA8IAC0IIP™—Wl# +1-66 MANILA OOMP WIN +14.81 TMMH- Mtt.4* +65.67 SEOUL OOMP 766.16 +1U6 BlAB —JUL* +L87 OBO J87MI -4J 1 pa
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  • Article
    FINANCE
    64 1 USI 8S 081 1.417 S L999. 2.1M tw>., -lS m i Mil in itn i.i» BAHT C.M IJM tLTUa m O.MS MM fUME BARB SNGAfWT 144 KOALA LUMPUR 526 JAKARTA 18.09 BANGKOK U.25 MAMLA 1150 HONGKONG KM TilPB IX SYDNEY, MTi TOKYO LM SEOUL 10.96 zuaicr* Am PtAJWiarr- 4J0
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  • Article, Illustration
    Bondholders of Amcol against confirming PW
    446 1  -  Move to block interim judicial managers may scuttle Sinar Mas rescue plan By Conrad Raj [SINGAPORE] Amcol Holdings' bondholders are opposing the confirmation of Price Waterhouse as judicial managers of the financially-trou-bled firm and its unit, Golden Bay Realty, a move which could scuttle
    446 words
  • Article
    UK, HK regulators discipline Jardine Fleming units
    421 1  -  They were fined or made to compensate those hurt by their irregularities From Quak Hiang Whai in Hongkong SECURITIES regulators in Britain and Hongkong yesterday jointly announced tough disciplinary actions against key units of the Jardine Fleming group and its former senior executives
    421 words
  • Article
    Development charges go up by 20-24%
    418 1  -  By Abdul Hadhi (SINGAPORE! Development charges will be raised by an average of 20 per cent for residential land, 21 per cent for commercial land, and 24 per cent for industrial land, the Ministry of National Development announced yesterday. The new rates may mean
    418 words
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      Page 1 Advertisements Column 1
      93 1 jDTSDUES Mm mm B H II a market thirst here, MBWBVAIPE Difiilifunt chary gt ap lyM-Mft, thispg. Next adjustment oould be downwards. ♦tabtemtMktoiii* far JB.- far tk» prank, pg 15. Ambiguous, but probably intended. fetStaal art ttstiag 15. Minimal impact on NafSteei. VfcMwns oMtnet to pg 16. Positive, not least
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      Page 1 Advertisements Column 2
      39 1 US GDP grow* -LB% in 2Q A surprising upward revision of US GDP in the 2nd qtr underlines the economy's strength. Full report, Pg 10 Reports on Pg 16 INTERIM EARNINGS NET (sm) GROWTH ICS $6.65 -9.5% 4.60 +6.5
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      Page 1 Advertisements Column 3
      82 1 Profile of Allgreen, Pg 15 Rtt/e.v Day-Date. Chronometer in 18 ct gold, bezel and dial.tet with brillianh. SINGAPORE THE HOUR GLASS Takashimaya Shopping Centre Tel: 734 2420 Scotts Tel: 235 6527 Lucky Plaza Tel: 733 1262 Centrepoint Tel: 734 1598 Q Peninsula Plaza Tel: 337 8309 Raffles Hotel Arcade Tel:
      82 words
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      Page 1 Advertisements Column 4
      8 1 URAmcAm to plug development charge loophole, Pg 5
      8 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S'pore economy to grow 6.9% this year, say NTU economists
      615 2  -  FORECASTS OF STORE ECONOMY BY MTU AMD NUS But their NUS counterparts see higher growth of 7.3%; govt forecast is 7-8% Reports byi Anna Teo EVEN in a worst-case scenario, with a year-long sharp dip in US electronics demand and
      ARTHUR LEE  -  615 words
    • Article
      Electronics set to bottom out in Q1 '97
      387 2 THE current electronics demand cycle is likely to bottom out in the first quarter of 1997, and peak again only in the year 2000, says a study by a National University of Singapore economist. Given the lagged response of exports, the recovery
      387 words
    • Article
      The immigrant factor in property policies
      413 2  -  NUS don also looks at how price rises can be moderated By. Agnes Wee IMMIGRANTS to Singapore need between 6,000 and 12,000 residential units every year, be it rental or purchased, said a university don yesterday. The numbers are based on the 25,000 people
      413 words
    • Article
      Most listed firms spend below 1% of budget on R&D: survey
      331 2  -  By, Ang Wan May MORE than half of listed companies here spend less than one per cent of their capital expenditure budget on research and development (R&D), according to a survey report released yesterday. The survey was carried out
      331 words
    • Article, Illustration
      Lock icon Highest number of visitors in July
      344 2  -  E7E ON THE ECONOMY Visitor arrivals By, Agnes Wee VISITOR arrivals in July were the highest so far this year. But the 651,115 count was still 3.7 per cent lower than the 676,117 recorded in the same month last year. According to figures released
      Source: STPB ALLAN  -  344 words
    • Article, Illustration
      All 6 incumbent NMPs renominated
      173 2 THE Special Select Committee has renominated the six incumbent Nominated Members of Parliament to continue serving as NMPs, the Clerk of Parliament said yesterday. Their current term expires next Friday and they will be formally reappointed by President Ong Teng Cheong that same day. The
      173 words
    • NEWS Roundup
      • Article
        STS shares allocation line now available
        51 5 tPf members who have applied for the allocation of Singapore Telecom shares, dubbed ST2, can now check their- share allocation status via the ST2 Shares Allocation Lift* on 1600-*****71. This toll-free line is operational from Monday to Saturday from Bam to midnight until Sep
        51 words
      • Article, Illustration
        Tiny phone,big price
        80 5 TtttS tiny object launched here last night Is the world's smallest and lightest handphone—and also Singapore's priciest. Motorola's StarTAC —which weighs 91 grams and is no bigger than your palm—will be sold by the Wywy group and Amcell at &968 apiece. This is more than double the
        80 words
      • Article
        Hillard-Hickson wins Rover account
        62 5 HILLARD Hickson, a three-month-old venture between US firm Fleishman-Hillard and homegrown Hickson Public Relations, has been appointed the PR agency for Rover Group here. The company will coordinate public relations and corporate communications for the BMW-owned carmaker on a retainer basis here, as well as "on
        62 words
      • Article
        S'pore, Brunei students set for debate
        40 5 SINGAPORE and Brunei Darussalam will hold the first round of a debate series between their pre-university students on Sep 7. This will be in Malay, and broadcast in Singapore on Prime 12 at 8.35pm.
        40 words
      • Article
        Note committee reappointed
        49 5 THE Note Advisory Committee (NAC) of the Board of Commissioners of Currency, Singapore (BCCS) has been reappointed for another term of three years with effect from Oct 1. The NAC, set up in 1990, advises the BCCS on the design and issue of Singapore currency notes.
        49 words
    • Article, Illustration
      Lock icon URA acts to plug development charge loophole
      446 5  -  Some developers prolong planning approval process and pay lower charges By Abdul Hadhi THE Urban Redevelopment Authority (URA) has moved to plug a loophole that has allowed developers to profit by stretching out the planning approval process. In a briefing yesterday, URA director
      ALLAN  -  446 words
    • Article
      Plan for Net commerce hub kicks off
      230 5 THE National Computer Board (NCB) signed a memorandum of understanding with 38 organisations yesterday to initiate a programme to establish Singapore as an international electronic commerce hub. The organisations will take part in an Electronic Commerce Hotbed (ECH) Programme which aims to have
      230 words
    • Article
      S'pore firms keen to supply region's car industry
      444 5  -  Move a bid to reduce reliance on electronics sector From Loh Hui Yin in Chonburi, Thailand SINGAPORE companies are looking to supply the region's booming automotive industry to reduce their reliance on the highly cyclical electronics industry. "We would like to supply
      444 words
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      Page 2 Advertisements Column 1
      162 2 Montre Royale, undoubtedly the symbol of pure class. Question is, who carries this symbol? v 18k gold Dumond vet bezel and full pave dial with 12 Rubies (4636G) Cortina, naturally. Cortina Watch Centre Home To The World's Most Treas»red Watches EXCLUSIVELY AVAILABLE AT CORTINA WATCH CENTRE SINGAPORE: RAFFLES CITY #01-36
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      66 3 THE NEW BMW 5 SERIES NOW COMES WITH A 2-LITRE ENGINE. NEED WE SAY MORE? Performance Motors Limited /puAk Performance Centre Kfl| Xk 315 Alexandra Road. Singapore *****4 Tel: *****00 Opening hours: Mon-Fri 9am-Bpm. Sat 9am-6pm. Sun 10am-Bpm. Sim* Darby Centre 896 Dunearn Road. Singapore *****2.Te1: *****00 Opening hours: Mon-Fri
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  • FOCUS: ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Designer drinks quench a market thirst
      808 4  -  By Denesh Divyanathan fSINGAPOREI SINCE alcoholic sodas like Sub-Zero and e Thirty Three made forays into the Singapore market about nine months ago, local watering holes and supermarkets have recently been flooded with a host of new entriuits like Hooper's Hooch, Two Dogs, Vault
      ERIC CHU  -  808 words
    • COPY Lines
      • Article
        Dior, Elle to raise funds for cancer cause
        74 4 [SINGAPORE] Fashion house Christian Dior and Singapore Elle magazine have joined forces for a series of activities designed to raise funds for a breast cancer awareness programme. Proceeds from a Christian Dior T-shirt sale next month will go to the Singapore Cancer
        74 words
      • Article
        TNT Express takes it personally
        60 4 {SINGAPORE] TNT Express Worldwide has unveiled its new company strapline We Take It Personally created by J Walter Thompson. It is meant to reflect the company's customer-focused marketing philosophy. J Walter Thompson has been appointed to develop an integrated advertising campaign for all of the
        60 words
      • Article
        Daikin's vision of the future
        52 4 [SINGAPORE] In the latest TV campaign for Daikin's Super Multi air conditioners, a space shuttle docks and its passengers are whisked up to their homes in a futuristic lift into a cool space full of the latest comforts and high-tech amenities. The campaign kicks off
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    • Article
      MEETING PLACE
      197 4 fcrattoa Tttte Y ww Orptwhf mnmmmammmmmmm Aug 30 BiftpMWallim PanPacific national Uifrai lit j S#! i > WJiiflV Str*«t Hotat'~\* Hospital. Dept tf Strains Prevention i RetuMtatlM v: MMOmMf tMUnt «y9»* <■ MIMMOTMl OrdttfaHotei School of Mechanical 3? i-,-" ConferenceonSurface •> andProduction r "r-'y* mMtmn r [a^'iyUCmfat ticMb|bi
      197 words
    • Article
      Interactive kiosks for Asia Travel Market
      385 4  -  Participants in Oct's travel fair can access programmes and. seminar details By* Agnes Wee [SINGAPORE] Electronic interactive kiosks will make their appearance at this year's Asia Travel Market to be held in October at the Singapore Suntec Centre. These kiosks will provide participants with
      385 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      239 4 TO FN) OUT WHETHER MOEALKAFFIS A BURY. The funny thing is he is not really sure Lady Godiva or a randy Sir Lancelot. himself. He's supposed to be the clown prince Not exciting enough. 7 You just have to win one minute and Prince Ali the next. something, don't you?
      239 words
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      Page 4 Advertisements Column 2
      140 4 Campbells I A wholly owned subsidiary of Davids Limited 6 FREDERICK ST, ST LEONARDS, SYDNEY AUSTRALIA Secure Industrial Investment Net Income $492,460 pa. 2 Site Area 7897m J approx. Annual Rent Reviews. CONTACT PORTFOLIO SALES JHHHHH SYDNEY SINGAPORE KQQniS|N9 Tim Watson or Chris Johnson Rob Blain ißLiil II 61 2
      140 words
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      Page 4 Advertisements Column 3
      36 4 OFFICE AT BANGALORE EXECUTIVE CENTRE AVAILABLE AT BANGALORE WITH WORLD CLASS OFFICE SUITES AND COMPREHENSIVE SUPPORT SERVICES. FOR SHORT OR LONG TERM LEASE PLEASE CONTACT: GATEWAY FRANCHISES OVERSEAS PHONE: 732 8101 FAX: 732 9774 EMAIL: gntcover@pacific.net.sg
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      26 5 r For expertise in building services and environmental engineering ®Hitachi Plant f <•.!!< :>r, I < na J Tel: 222 0665 Fax: 224 8358 I i m *l
      26 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Megawati, govt fail to strike out-of-court deal
      489 6  -  JAKARTA Sep 5 set as date for preliminary hearings in case brought by ousted PDI leader By\ S N Vasuki EMBATTLED opposition leader Megawati Sukarnoputri has not been able to reach an amicable out-of-court compromise in her legal battle with the Indonesian government.
      AFP  -  489 words
    • Article
      Lock icon Protesters, Indon staff in scuffle
      128 6 HONGKONG AFP SCUFFLES broke out on the steps of the Indonesian consulate here yesterday when a group protesting against repression in Indonesia clashed with officials. About 30 protesters, led by members of the Asian Students Association, pushed and shoved with officials and kicked the consulate
      AFP  -  128 words
    • Article
      Lock icon Malaysia's 2nd national carrier to take off in November
      299 6 KUALA LUMPUR Air Asia to fly initially to Taiwan, Snbic Bay, Pattaya AFP MALAYSIA'S Hicom Holdings Sdn Bhd yesterday said the country's second national carrier, Air Asia Sdn Bhd, would commence operations in November after a two-year delay. Hicom president and
      AFP  -  299 words
    • Article
      Lock icon Current account deficit narrowed 21% in June
      233 6 BANGKOK Bloomberg Business News THAILAND'S current account deficit in June narrowed 21 per cent from the same month a year earlier, though the improvement was partly based on revisions by the Bank of Thailand. The account deficit was 34 billion baht (Sll.BB billion),
      Bloomberg Business News  -  233 words
    • Article
      Lock icon Britain's National Grid to help in blackout probe
      135 6 KUALA LUMPUR AFP MALAYSIA'S government said yesterday it was hiring Britain's National Grid Co as a consultant to help probe an Aug 3 national blackout. National Grid had served as a consultant to probe Malaysia's first massive power outage in Sep 1992.
      AFP  -  135 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      1449 6 Australia and New Zealand Banking Group Limited A.C. N. 005 357 522 Financial Statements for the ANZ Banking Group Limited and Its controlled entities for the year ended 30 September, 199S CONSOLIDATED THE COMPANY CONSOLIDATED THE COMPANY IMS 1994 IMS 1994 IMS 1994 IMB 1994 AUCMM AUO-M AUD-M AUD-M AUD-M
      1,449 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Trade deficit down as manufacturing shifts to China
      241 7 HONGKONG Growth rate of re-exports rises significantly AFP HONGKONG'S trade deficit for July dropped 43 per cent from a year earlier to HK$6.6 billion (SSI.2 billion), the government announced yesterday. The value of total exports increased by 7.9 per cent over a
      AFP  -  241 words
    • Article
      Lock icon Japan accused of provoking incursions
      202 7 BEIJING AFP CHINA stepped up its antiJapanese rhetoric yesterday, directly accusing Tokyo of provoking recent incursions by right-wing groups in the disputed Diaoyu islands. It also labelled as "most irresponsible" remarks made on Wednesday by Japanese Foreign Minister Yukihiko Ikeda in Hongkong that the islands,
      AFP  -  202 words
    • Article
      Lock icon Civil servants can contest ban on joining Beijing-backed panel
      213 7 HONGKONG Reuter SENIOR Hongkong civil servants were given the go-ahead yesterday to challenge a government ban on them standing for the Beijing-backed panel to choose the territory's first post-handover leader and lawmakers. The Supreqie Court ruled that a judicial hearing contesting
      Reuter  -  213 words
    • Article
      Lock icon Industrialists urged to back direct links
      252 8 BEIJING Jiang tells visiting Taipei trade team of benefits AFP, Reuter CHINESE President Jiang Zemin urged a high powered Taiwanese delegation here yesterday to accept Beijing's proposals for direct links between the mainland and the nationalist island. "We have always held that it is
      AFP, Reuter  -  252 words
    • Article
      Lock icon Mitsubishi in Taipei telecom venture
      174 8 Reuter [TAIPEI] Japanese giant Mitsubishi yesterday became the latest foreign entrant to Taiwan's fast liberalising telecommunications market, announcing the formation of an eight-partner joint venture. Mitsubishi said it and its partners would invest up to NTSIO billion (Sssll million) to establish an independent telecom network
      Reuter  -  174 words
    • Article
      Lock icon No plan to replace troubled rocket
      113 8 BEIJING AFP CHINA will not replace its problem-ridden Long March 3B rocket with another carrier for the launch next year of a Chinese telecommunications satellite, the China Daily reported yesterday. "There is no plan to switch to other rocket carriers," the paper quoted Hao
      AFP  -  113 words
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      1443 7 UNWIND TO THE RHYTHM 1 OF THE NIGHT J I n£nWS < Your day's over but the night is still jh X° un g- C'mon down to The Bar, get your /It/ favourite drink, and catch the honest band in |HHB|||B||||| town The Tone Makers. A sensational new band who
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      12 8 I I Cathay Pacific I 111 I I All flights via Vancouver.
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      Page 8 Advertisements Column 2
      75 8 HOW DO YOU CREATE A MOBILE PHONE FOR EVERYONE? ■B» 111 Quite simply by introducing the Ericsson GA 318. It's available in three fabulous ■H| BH colours. It features long talk time, standby time and boasts fax as well as short text messaging H■ HI functions. It has just about
      75 words
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  • ASIA
    • Article, Illustration
      Lock icon S Korean current account deficit at record US$11.7b
      480 9 SEOUL Yearly deficit set to pass USslsb nnlAgg global semiconductor prices recover AFP POOR semiconductor exports pushed South Korea's current account deficit to a record US$ll.7 billion (5516.38 billion) in the first seven months of 1996, up 79 per cent from a
      AFP; Source: Bloomberg  -  480 words
    • Article
      Lock icon Sep 20 deadline for new political party
      304 9 TOKYO AFP YUKIO Hatoyama, a senior member of one of Japan's three ruling parties, is launching a new political party around Sep 20, and is inviting participation by liberals. Mr Hatoyama, 49, who has stepped down as secretary general of New Party Sakigake,
      AFP  -  304 words
    • Article, Illustration
      Lock icon Costly lesson
      45 9 [MELBOURNE] Students grappling with Melbourne policemen after a demonstrator was arrested for kicking a window during a protest yesterday. The students, who clashed with the police and media, were protesting against cuts to the education budget and rises in university tuition fees. AFP
      AFP  -  45 words
    • Article
      Lock icon Poll is just a temporary blip in economic recovery: EPA
      352 9 TAJfKAM SURVEY BY BOJ Reuter [TOKYO] The tankan survey of corporate sentiment by the Bank of Japan reflects only a temporary blip in Japan's economic recovery, Economic Planning Agency (EPA) ViceMinister Shinpei Nukaya told reporters yesterday. Mr Nukaya said there
      Reuter  -  352 words
    • Article
      Lock icon Measures to boost foreign direct investment in the pipeline
      230 9 NEW DELHI Reuter INDIA is planning new measures to boost foreign direct investment and accelerate the pace of economic reforms. Industry Minister Murasoli Maran yesterday said: "We believe that the nation needs and has the capacity to absorb at least US$lO
      Reuter  -  230 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      60 9 <-3 > A little change in the weather is certainly no distraction when you're enjoying a Tiger Classic. After all, Tiger Classic is special, brewed with special crystal malt. That's how it gets its rich aroma, refined taste, full body, and amber sunset glow. And that's why you'll want to
      60 words
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  • THE WORLD
    • Article
      Lock icon Revision of Q2 GDP underlines economy's strength
      471 10 NEW YORK Surprise growth of 4.8% is largest quarterly figure since Q*****; increases odds of Fed tightening Reuter. Bloomberg Business News A SURPRISING upward revision to US second-quarter Gross Domestic Product growth indicates the economy's underlying trend remains brisk, hinting that strength may
      Reuter.; Bloomberg Business News  -  471 words
    • Article
      Lock icon Trade pressure on Japan needs to be continued: Kantor
      218 10 CHICAGO Reuter [CHICAGO] The United States has made "good" progress in opening up Japan's markets to foreign goods, but it is still far too early to declare final victory and let up on the pressure. "Let me be adamant about one
      Reuter  -  218 words
    • Article, Illustration
      Sound-bites in Chicago
      585 10  -  WOBLDTXBW Good news is the order of the day as Clinton accepts Democratic nomination By Kevin Sullivan CHICAGO is a city with a rather colourful image gangsters and bootleggers in the *****, political eccentricity in the *****. John Kennedy defeated Richard Nixon in 1960 on the strength
      585 words
    • Article
      Lock icon Germany insists Euro requirements be met
      321 10 FRANKFURT Refuses to compromise on Maastricht criteria Reuter GERMANY, the self-appointed patron of a stable future European currency, yesterday made clear that it would not be a party to political compromise in the creation of the Euro currency. In a two-pronged offensive against speculation
      Reuter  -  321 words
    • Article, Illustration
      Lock icon Clinton's convention speech to stress better days ahead for US
      291 10 CHICAGO Reuter PRESIDENT Bill Clinton was preparing to accept his party's White House nomination yesterday with a promise that America's best days are yet to come. His speech will be designed to rally Democrats for a tough election battle and
      Reuter; REUTER  -  291 words
    • Article
      Lock icon Network to detect illegal trading
      158 10 TOKYO AFP JAPAN has agreed with the US and Britain to introduce joint measures to detect illegal dealings in commodity markets following Sumitomo's copper trading scandal, Kyodo News said yesterday. The news agency, quoting Japanese government sources, said the agreement was reached when investigators of
      AFP  -  158 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      157 10 SPORTY, PASSIONATE AND FUN TO DRIVE f s ffrai/a J. Mt the v 2d Brava ran^e starts from $108,800 v*ith COE IMMEDIATE REGISTRATION AVAILABLE. 2 war warranty 6-year anti-corrosion warranty FIAT BRAVA. the car that conquered europe; Europe's Car of the Year has beer winning the hearts and praises of
      157 words
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      Page 10 Advertisements Column 2
      221 10 HANDBOOK FOR ENTREPRENEUR By Goh Danwah Third Edition May 96 A practical guide for anyone including foreigners who wart to set up a business in Singapore Includes recent amendments to the Workmen's Compensation Act and the Employment Act. Price $1500 EXPORT IMPORT PROCEDURES AND lEXPORT! DOCUMENTATION By Goh TUnwah Jon
      221 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Dole knows life wasn't better in the old days
      784 11  -  THE BOTTOM LIME OPINION By Russell Baker The writer is a columnist for The New York Times NYT BELIEVE ME: Things were not better in the old days. I was there too, just like Bob Dole, and I was shocked to
      NYT  -  784 words
    • Article
      IN OTHER WORDS
      139 11 'I think the great Singapore sale is still on. Lam Tew Hang an analyst atJM Sassoon A Co, referring to a recent spate of takeovers of Singapore companies by foreigners. We should be in no doubt that this is what we are now experiencing—a new form of
      139 words
    • Article
      Time to deal
      632 11 EDITORIAL IT IS strange that Taiwan should seem so reluctant to even consider further easing of trade and shipping links with China, given the size of its stake in the mainland's economy. Chinese Vice-Premier Li Lanqing's call to Taiwan to immediately open direct transport, business and postal
      632 words
    • Article, Illustration
      Temperatures rising
      1080 11  -  The ante in Indonesian politics has been raised with recent Jakarta riots, says political analyst By I S N Vasuki The writer is BT's Jakarta correspondent INDONESIAN political analysts are celebrities in their own right these days. Since April 25, the day Mrs Suharto died, they have been
      1,080 words
    • Article
      WHAT THE OTHERS SAY
      829 11 Craddnf down on crime MORE THAN 1,000 police have been dispatched to Taichung to stamp out organised crime. The move was taken after President Lee Teng-hui ordered the police to improve law and order islandwide within six months. Police claim there has since been a marked
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      39 11 DOOHESBURY By Garry Trudeau )tuEii THextcaiwsi fonxrrwHUHATAUNiQue- I^peMocMvccoNv&waN f\ sense ACONFUCT. 90*e W NO,TW\\ TfiKeWUHAveON MPPOALIVeFAP/O J* SOMZ J 7HATJUSTm GROKS U POLITICAL AffAIKS... 1 BRCAPCAST FOR US? y HB6/TA- MAJN UJA6 R£MK£P A TECHNICAL J ARB ALSO I
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  • EXECUTIVE LIFESTYLE
    • Article
      Aussie wine company finds home in S'pore
      553 12  -  WINE BRL Hardy has tied up with Sime Darby Marketing G Nath [SINGAPORE] BRL Hardy Wine Company of Australia seems to have finally found a "home" in Singapore. Considered the second largest wine company Down Under, Hardy's produces and markets a wide range
      553 words
    • Article, Illustration
      Lock icon Edberg finally gets his due
      815 12  -  It's taken 14 years for the US Open to appreciate this class act, and about time, too, says hah vet araton HARVEY ARATON NYT THEY met briefly on Wednesday morning, in the corner of a crowded men's locker room, stopping to chat before heading out
      NYT; REUTER  -  815 words
    • Article, Illustration
      Lock icon Ferreira upset by Nainkin, No 215
      723 12 NYT.AFP [NEW YORK] Where else except the US Open would ninthseeded Wayne Ferreira, often hailed as the greatest tennis talent to come out of South Africa, find himself bushwhacked in the first round by 215thranked David Nainkin, a tennis nobody with a Grand Slam
      NYT.AFP  -  723 words
    • Article, Illustration
      Lock icon Who should play the president?
      597 14  -  MOVIES The search goes on for suitable actor to step into Hanks' shoes for the role in film Primary Colors By, Jack Mathews LAT-WP [NEW YORK] When Tom Hanks withdrew from the race for the Bill Clinton role in the film version of the satirical
      LAT-WP  -  597 words
    • Article
      A flying experience to prize for a lifetime
      167 14 CONTEST [SINGAPORE] Private pilot Peter Darley, who won top prize in February's Business Times' Lifestyle Exclusive sponsored by Brietling, saw his dream of experiencing the ultimate in flying take off. The original prize, which comprised a Breitling Duograph chronometer and an all-expenses-paid
      167 words
    • Article, Illustration
      Lock icon The Buried:a risk worth taking
      525 14  -  THEATRE A play od local history needs more work but shows promise By l Holly Harrison [SINGAPORE] For a risky venture and it is always risky to put up a play that's very new Chua Tze Wei's The Buried has a deceptively low-key beginning. An
      ALFIE LEE  -  525 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
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      Page 12 Advertisements Column 2
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      Page 12 Advertisements Column 3
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      58 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      635 13 Singapore Business Giving you the winning edge Ktsingtao beer Where to wine, dine and entertain lOne of the most appreciated beer In the world Magical /unto coffee house WEEKEND spell bind them with MAGIC SHOWI HIGH TEA I Every Sunday Adult: $12.00*** 1.00 pm 1.30 pm Child 7.so*** 3.30 pm
      635 words
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      Page 13 Advertisements Column 2
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      104 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      747 13 TV&RAPIO ■MtsrelS -mmm (See Our Choice). 3JO SinarZaman. w'mwmm LOB AM Party of Five. 4.00 Pelancaran Kempen MaLOO PM The Winners. LOS MTV's Most Wanted. laysia Boleh-Sabah Boleh L3O Money, Money, Money. 2.40 Hogan's Heroes. by Prime Minister (U. 2.00 Management Today. a.m Dream West (Pt I). &30 Cartoon. 2.30
      747 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      268 13 CRYPTIC CROSSWORD across BP ——mm 7 Cut the allowance for a ML—BB—PV—BHB^H. —■H__BB__JBI 9 The team even set about SB""BB" ~~88 ~1Bi""BB~"~BB 10 Note beer can give one P° I I 111 wind! (4) a pro taking many an aristocrat (73) p^~^^ 12 "As —as unsunn'd snow." L 1 1
      268 words
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      506 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Assets of former director frozen
      568 15  -  Amcol accuses Lloyd Lochra, ex-director NgCheeKheong of taking bribes By i Conrad Raj [SINGAPORE] Troubled Amcol Holdings yesterday obtained a court order to freeze the worldwide assets of its former executive director Lloyd Lochra. The company claimed Mr Lochra and another former executive director, Ng
      568 words
    • Article, Illustration
      Bidding in more govt land tenders
      435 15  -  PBOFIfiP np MMMBI By\ Diana Oon [SINGAPORE] Allgreen Properties is the Kuok Group's main property development vehicle in Singapore. As at end-May last year, Allgreen had 23 subsidiaries and 10 associates, and about 340,000 sq m in its landbank. Apart from its participation in
      435 words
    • Article
      Berger takeover could turn oat to be a well-planned coup
      730 15  -  HOCK LOCK SIEW Ven Sreenivasan WHEN Abdul Ghani Yusof, the former managing director of Prolink Development Sdn Bhd, a member of the powerful Renong group, was identified as one of the three Malaysian investors buying into Berger International, market watchers
      730 words
    • Article
      SembCorp not making play for JSL – for the present
      319 15  - SembCorp not making play for JSL for the present Rahita Elias (SINGAPORE] Sembawang Corp (SembCorp) yesterday told the Stock Exchange of Singapore that it has yet to decide on launching a takeover of associate Jurong Shipyard, despite market talk it was making a play. JSL's share price rose 40 cents
      319 words
    • Article
      NatSteel unit gets listing nod
      240 15 [SINGAPORE] Nat Steel Ltd announced yesterday that its 65 per cent-owned subsidiary Nat Steel Broadway Ltd (NBL) has been granted in-principle approval to list on the main board of the Stock Exchange of Singapore. NBL will serve as the listing vehicle of a Hongkong and
      240 words
    • REGIONAL COMPANIES
      • Article
        Mahathir proposes stock exchange for Labuan
        464 16  -  Move is to raise its profile as offshore financial centre, bnt analysts have doubts By 1 Ven Sreenivasan [SINGAPORE] Malaysian Prime Minister Mahathir Mohamad has proposed the setting up of a stock exchange on the East Malaysian island of Labuan to raise its profile
        464 words
      • Article
        Vicom wins contract to mount ERP devices in 2 areas
        276 16 [SINGAPORE] Listed vehicle inspection company Vicom, a subsidiary of Comfort Group, has clinched a contract to mount in-vehicle units for the upcoming electronic roadpricing system. The tender for the mounting exercise was launched by the Land Transport Authority in April,
        276 words
      • Article
        UEL unit in China power tie-up
        218 16 [SINGAPORE] United Engineers Ltd (UEL) yesterday announced that its wholly owned subsidiary. United Power Corporation (UPC), is taking a 49 per cent stake in a Chinabased joint venture company, Anhui Hefei United Power Generation Co (AHUP). AHUP, which will have a registered capital of
        218 words
      • Article
        Powertek makes lacklustre debut on KL stock exchange
        333 16  -  From Ruth Wong in Kuala Lumpur POWERTEK Bhd, Malaysia's first independent power producer (IPP) to be listed on the Kuala Lumpur Stock Exchange, made a tepid debut yesterday and finished the day barely above the price institutional investors had paid for its
        333 words
      • Article
        Lock icon Time unit invests in Labuan
        94 16 Reuter [LABUAN] Time Telecommunications Sdn Bhd, a wholly-owned unit of Time Engineering Bhd, said yesterday it has invested MS6O million (Ss34 million) to set up a satellite station on Labuan, off Borneo island. Group chairman Shamsir Omar said the firm has landed its first corporate
        Reuter  -  94 words
      • Article
        CSA Hldgs interim up 6.5% to $4.6m
        195 16 [SINGAPORE] Software services company CSA Holdings yesterday reported a 6.5-per cent rise in net profit to $4.6 million for the half year ended June 30, in line with analysts' expectations. Turnover grew 28.2 per cent to $212.8 million. The group attributed the low-ish
        195 words
      • COMPANY Briefs
        • Article
          ANA unaware of any moves on it
          56 16 [SINGAPORE] Listed ANA Hotels told the Stock Exchange of Singapore yesterday in response to a BT article it was not aware of any bid by Ong Beng Seng's Hotel Properties Ltd or businessman Kua Phek Long to buy out or take over the
          56 words
        • Article
          ICS interim net profit down 9%
          49 16 [SINGAPORE] Insurance Corporation of Singapore (ICS) yesterday reported a 9.5 per cent drop in interim group net earnings to $6.65 million for the half-year ended June. However, turnover rose 4.6 per cent to $132.8 million due to higher premium income from life insurance.
          49 words
        • Article
          Eltech to reap $3.6m from property deal
          39 16 [SINGAPORE] Listed electronics manufacturing services company Eltech Electronics is selling an industrial property in Ang Mo Kio to Glenayre Electronics for $13.1 million. Eltech expects to make $3.6 million from the sale.
          39 words
        • Article
          Hotel Negara posts interim loss
          46 16 [SINGAPORE] Hotel Negara reported an interim net loss of $2.4 million for the six months ended June 30. The hotel said its revenue was not sufficient to cover amortisation of deferred expenses, depreciation and loan interest expenses. Turnover was $4.3 million.
          46 words
        • Article
          Two UEL chiefs resign
          30 16 [SINGAPORE] United Engineers Ltd general manager (group finance, administration) Leong Kahi Cheong and group general manager (property development) Kong Mun Kwong have handed in their resignations.
          30 words
        • Article
          Parkway in dark over share price rise
          45 16 [SINGAPORE] Parkway Holdings told the Stock Exchange of Singapore it was not aware of any reason for the rise in the turnover and price of its shares on Wednesday. It added it was unaware of any proposed takeover.
          45 words
        • Article
          IPC explains product category
          48 16 [SINGAPORE] Responding to a BT article published yesterday, IPC Corp told the Stock Exchange of Singapore no sales breakdown by products was given at its results briefing because of a recent restructuring. "All sales by products are now captured under IT products", it said.
          48 words
      • Article
        Kuok firm to focus on properly in Philippines
        307 18  -  KPPI selling stake in lotto operator, shelves plans to bnild soybean factory Reports by Al Labita [MANILA] A listed flagship of Malaysian tycoon Robert Kuok is divesting its nonproperty ventures to focus on its real estate projects in the Philippines, according to
        307 words
      • Article
        Ayala, HK Land to build Makati towers
        272 18 [MANILA] Listed Ayala Land Inc (ALI) and Hongkong Land will build what is touted as the Philippines' most luxurious residential twin towers later this year, ALI president Francisco Licuanan said yesterday. Mr Licuanan told a press briefing the towers will be built within
        272 words
      • Article, Illustration
        Lock icon Telkom rings in 45% profit rise as lines increase
        290 18 Bloomberg Business News [JAKARTA] PT Telkom, Indonesia's domestic phone Company, said first-half profit rose 45 per cent as the number of installed lines jumped 33 per cent. "Indonesian telephone usage has grown 25 per cent, which is pretty substantial," said Adrian
        Bloomberg Business News; Source: Bloomberg  -  290 words
      • Article, Illustration
        Lock icon New World plans to sell HK$2.6b worth of shares
        298 18 Bloomberg Business News [HONGKONG] New World Development Co Ltd, one of the territory's biggest property companies, plans to sell HK52.62 billion (***** million) of shares to pay for new investments. Cashing in on a 57 per cent riSe in its stock,
        Bloomberg Business News; Source: Bloomberg  -  298 words
      • Article
        Lock icon Evergreen Marine's 1st-half up 18%
        169 18 Bloomberg Business News [TAIPEI] Evergreen Marine Corp, one of the world's largest container shipping companies, yesterday said net profit rose 18 per cent in the six months to June from a year earlier on higher sales and lower costs. "The overall trend still looks very
        Bloomberg Business News  -  169 words
      • Article
        Lock icon Indah Kiat's interim falls by 67%
        150 18 Bloomberg Business News [JAKARTA] PT Indah Kiat, Indonesia's largest pulp and paper company, said first-half net profit fell 67 per cent as world prices for pulp declined. First-half net fell to 89.02 billion rupiah (5553.4 million) from 272.16 billion rupiah. Earnings per share fell
        Bloomberg Business News  -  150 words
      • COMPANY Briefs
        • Article
          Lock icon PT Astra 1st half up 1% as auto sales drop
          65 18 Bloomberg Business News [JAKARTA) PT Astra International Indonesia's largest car maker, said first-half net profit rose one per cent as auto sales declined. Astra's profit for the six months ended June rose to 182.83 billion ruplah (SIIOB.B million), or 815
          Bloomberg Business News  -  65 words
        • Article
          Lock icon United Microelectronics'interim falls 7%
          53 18 Bloomberg Business News [HSINCHU, Taiwan] United Microelectronics Corp, Taiwan's second-largest semiconductor maker, said net profit fell 7.4 per cent in the six months to June from a yew earlier, amid lower prices for memory chips. Net profit declined to NTISJ2B billion (SS27O million) from NT15.7 billion
          Bloomberg Business News  -  53 words
        • Article
          Lock icon HK's Regal Hotels buys Bostonian Hotel
          61 18 AFP [HONGKONG] Hongkong-based Regal Hotels International said yesterday it had acquired the Bostonian Hotel in the United States tor an undisclosed sum. The acquisition of the hotel, Jointly owned by a unit of Regal Hotels International and Winn Development Co erf Boston, brought to
          AFP  -  61 words
        • Article
          Lock icon AMP cuts stake in mining firm to 4.9%
          50 18 Reuter [SYDNEY] Australian Mutual Provident Society (AMP) revealed yesterday it had reduced its stake in base metals miner MIM Holdings Ltd to 4.9 per cent from 8.34 per cent previously. The company said it sold the shares during ordinary trade last Friday.—Renter
          Reuter  -  50 words
        • Article
          Lock icon PT Int'l Nickel 1st half up 1.3%
          57 18 AFP [JAKARTA] Nickel mining company PT International Nickel Indonesia said yesterday net profits rose I.3per cent from a year earlier to U5539.5 million (8*65.6 million) in the six months to June. The firm's unaudited results showed a 4.1 per cent rise in sales
          AFP  -  57 words
    • INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon Ciba,Sandoz disappoint ahead of merger
          74 19 Bloomberg Business News [BASEL] Ciba-Geigy AG and Sandoz AG said first-half net profit—the last they report before their expected merger later this year—rose a less-than-expected 6 per cent and 12 per cent respectively. Net profit at Ciba, whose industrial unit has been a drag on
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Philip Morris raises quarterly dividend
          62 19 Bloomberg Business News [NEW YORK] Philip Morris has raised its quarterly dividend by 20 per cent, boosting the stock's yield at a time when investors are concerned about tobacco shares. The maker of Marlboro cigarettes, Miller Beer and Kraft cheese raised the annual dividend payout
          Bloomberg Business News  -  62 words
        • Article
          Lock icon Investors hold on to Reebok stock
          105 19 Bloomberg Business News [STOUGHTON, Massachusetts] Reebok International Ltd's buyback offer attracted 17 million shares, about a third less than its board authorised* as investors held on to their stock on a bet the price is headed higher. The athletic shoe company originally planned in
          Bloomberg Business News  -  105 words
        • Article
          Lock icon H&R changes CompuServe spinoff plan
          100 19 Bloomberg Business News [KANSAS CITY] HAR Block Inc has postponed the spinoff of its remaining stake in CompuServe Corp, hoping to raise its stock price before giving the money-losing unit to shareholders. To separate CompuServe from Its tax-preparation business, H&R Block intends to improve CompuServe's
          Bloomberg Business News  -  100 words
      • Article, Illustration
        Lock icon Shareholders sue Quantum; allege insider trading
        300 19 Suit claims company artificially inflated stock by exaggerating profit potential Bloomberg Business News, Reuter [MILPITAS, California] Quantum Corp has been named in a shareholder lawsuit charging that company officials profited from insider trading after having inflated the disk-drive maker's stock price. The suit alleges
        Bloomberg Business News,; Reuter; Source: Bloomberg  -  300 words
      • Article, Illustration
        Lock icon Goldman Sachs bullish on US stocks
        311 19 Bloomberg Business News [NEW YORK] US stocks should continue rising through 1997, with the Standard Poor's 500 index rising more than 3.5 per cent to hit 690 by this year's end, said Abby Joseph Cohen, co-chair-man of the investment policy committee at Goldman, Sachs
        Bloomberg Business News; Source: Bloomberg  -  311 words
      • Article
        Lock icon New US measures to raise transparency of bourses
        510 19 Move seen hurting dealers, changing markets' character FT, NYT [NEW YORK] The US Securities and Exchange Commission on Wednesday adopted measures to increase the transparency of US stock markets, in spite of warnings that its actions could hit dealers' profits and change
        FT,; NYT  -  510 words
      • Article
        Lock icon Daimler on profit path again after '95 loss
        273 19 Reuter [LONDON] Rebounding from record losses last year, Daim-ler-Benz yesterday said net profits in the first six months of 1996 climbed to 782 million marks (***** million) from a 1.6 billibn mark loss for the first half of 1995. Daimler, which posted
        Reuter  -  273 words
      • Article
        Lock icon Matsushita to launch digital video disc players in Nov
        324 19 Reuter [TOKYOJ Matsushita Electric Industrial Co Ltd took a lead in a sales race for the digital video disc (DVD) market yesterday by announcing its launch of players using nextgeneration recording technology on Nov 1. DVD is a new recording system
        Reuter  -  324 words
    • FINANCE & COMMODITIES
      • Article
        Euroyen futures trading hits record
        332 20  -  Almost 122,000 contracts were traded on Wednesday By I Siow Li Sen [SINGAPORE] Trading of Euroyen futures on the Singapore International Monetary Exchange (Simex) hit a record daily volume of 121,826 contracts on Wednesday after an official report showed a surprise deterioration in sentiment among
        332 words
      • Article, Illustration
        Lock icon Lloyds Abbey Life stock ignited by bid rumours
        279 20 Reuter [LONDON] Speculation about the ownership of life insurer Lloyds Abbey Life pic ignited its share price on Wednesday as dealers reckoned it might be takeover fodder for cashrich insurance giant Prudential Corp pic. But analysts said it was more likely that
        Reuter; Source: Bloomberg  -  279 words
      • Article
        Qiao Heng plans bigger role in Labuan
        239 20 [HONGKONG] Dao Heng Bank, the Hongkong-based company reputed for its bil-lion-dollar private banking business in Cayman Island, plans to gradually move that business to Labuan. "The Labuan branch is going to play the biggest role compared with other offshore centres," Dao Heng Bank's
        239 words
      • Article, Illustration
        Lock icon Final nod for Lloyd's recovery plan edges closer
        273 20 More than 90% of Names accept settlement offer Reuter [LONDON] Final approval for Lloyd's of London's recovery plan edged closer on Wednesday as it declared that over 90 per cent of members had accepted a settlement offer aimed at securing the 300-year-old
        Reuter  -  273 words
      • Article
        Lock icon Euroyen, Euro$ little changed
        234 20 SSMELBeport Reuter [SINGAPORE] Simex Euroyen and Eurodollar futures ended little changed in quiet trading yesterday. Euroyen contracts saw light profit-taking after the sharp run-up on Wednesday, but the market was well supported at current levels. "The market's now looking for industrial production figures tomorrow. Depending on
        Reuter  -  234 words
      • Article
        Lock icon CURRENCY REPORT
        171 20 Reuter London THE dollar's value was largely stable compared with the previous day. By 1505 GMT, the greenback was worth 1.4765 marks, unchanged from late Wednesday. It was at 106.32 yen from 108.46 on Wednesday. The dollar's slight decline against the yen was not very significant, said a
        Reuter  -  171 words
      • Article
        Lock icon NY crude futures up on Labour Day demand
        310 20 EMERGY REPORT Reuter [LONDON] New York crude futures were 20 US cents higher, lifted by traders' concerns that US petrol supplies are low ahead of the nation's coming long Labour Day holiday weekend. That's after the American Petroleum Institute reported a larger-than-expected
        Reuter  -  310 words
      • Article, Illustration
        Untitled
        1321 20 DfTBRBAlf» CROSS RATBS =mk a a t[ r w 35 1.064 1171 0.623 4.0*4 1171 6.132 ***** 0X76 0X99 1501 U* LK4 ***** ***** MO iMt 1948 2LT92 ***** 0X60 1793#*— Canada 0.923 6.095 0.575 3.704 L000 5.651 26.173 t7.M2 0.7W 5.9*9 L825 1055 ***** 19.175 1029 3217 0J73 20.110
        1,321 words
      • Article
        Lock icon Luoyang Glass plans cartel to boost prices
        205 20 Bloomberg Business News [HONGKONG] Luoyang Glass Co, China's biggest float-glass-maker, said it will try to raise slumping prices by cooperating with other glassmakers. But analysts are sceptical about the glassmakers cooperating successfully because their inventories are rising so fast, they can't afford to
        Bloomberg Business News  -  205 words
    • Article
      COMMODITY PRICES
      1516 21 POOH FUTUMS Aug29 5S15SR«2M* SW CtoM Mm om HmHi Mjfc Low Srtt ctwtrt Mtarwt ja W8.00 450 Oct* 169.00 V475 Nav96 ***** 2850 OK 96 19X50 192.00 192.00 350 2800 *U*97 194.50 *94.50 194.50 75 6900 Aar/Jw 97 195.00 4950 TSSn -moo S96 ***** ***** 129.25 50 450
      1,516 words
    • Article
      Lock icon TOKYO
      1623 21 Reuter □Nikkei 225 -ISM 6 STOCKS closed lower as concern over Japan's economic recovery lingered in the market following Wednesday's weak tankan data. Most buyers retreated to the sidelines, and the sluggish trade is expected to continue until September, brokers said. The key 225-share Nikkei Average shed 156.65 points
      Reuter  -  1,623 words
    • Article
      WORLD STOCK MARKETS
      2173 21 hw *h A. A. Corp Adr Ml/4 unch AB Portl 299.400 -1 AOOay National 596 -12.400 AIM Lyons 443.400 -2.600 A mac 94 -1.400 Argyll 346 A ida Croup 110.400 -3.600 •ATM 438 -9 BtCC 330.400 -5 BOC Croup 866.400 -10 BR Potroioum 620 -5.400 BTR 254
      2,173 words
    • Article, Illustration
      Lock icon HONGKONG
      1558 22 Reuter '-Q Hang Seng -5L28 STOCKS ended weaker, with a share placement from New World Development dulling the market's tone. The Hang Seng Index fell 51.28 points to 11,328.21. Turnover was HKS4.O7 billion cornered to HK53.65 billion on Wednesday. Trading in New World was suspended during the afternoon. The
      Reuter  -  1,558 words
    • Article, Illustration
      Lock icon CHINA
      648 22 Reuter Shanghai B Share Index -022 SHANGHAI B shares ended down on adjustment of positions after the publication of most listed firms' interim results. The index fell 0.22 point to 51.65 on volume of 11.1 million shares worth US$4.2 million. Shanghai Jintai was the biggest loser on poor interim
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  648 words
    • Article
      Lock icon TAIPEI
      378 22 AFP QwPladex +56J7 SHARES closed higher as investors bought blue chips. "Investors turned cautiously optimistic ahead of the inclusion of Taiwan stocks in Morgan Stanley indices on Monday," said a broker. The TSE Weighted Price Index advanced 55.67 points to 6,312.43. Turnover was 1.15 billion shares worth NT538.09. Risers
      AFP  -  378 words
    • Article, Illustration
      Lock icon JAKARTA
      747 22 AFP Pftimpoatefadg +LflO SHARES closed higher in quiet trading with the index receiving a last-minute boost following the release of Telkom's first-half results. "The market was down in the morning, but Telkom's results served as a bit of a late incentive," a dealer said. The JSE Composite Index rose
      AFP  -  747 words
    • Article, Illustration
      Lock icon BANGKOK
      837 22 AFP □set latex 425 SHARE prices closed lower, with early gains offset by selling after the lunch break following disappointing monthly export and current account deficit figures. The SET Index lost 0.25 point to 1,105.59. Turnover was 57.1 million shares worth 4.4 billion baht. Risers beat falls 151 to
      AFP  -  837 words
    • Article
      Lock icon MANILA
      336 22 AFP Q Manila SHARES rose amid positive sentiment about the economy. The PSE Composite Index rose 14.81 points to 3,215.79. Turnover was 10.7 billion shares worth 2.1 billion pesos. Philippine Long Distance Telephone rose 20 pesos to 1,585. Petron Corp gained 25 centavos to 10.50 pesos. Manila Electric Co
      AFP  -  336 words
    • Article
      Lock icon SEOUL
      397 22 AFP Pftmpostglifai ♦1130 SHARE prices firmed amid rumours that the government will soon increase foreign shareholding limits. The Composite Price Index rose 12.80 points to 766.16. Turnover was 19.4 million shares worth 346.9 billion won. Risers beat falls 513 to 326 with 125 unchanged. Blue chips led the market
      AFP  -  397 words
    • Article
      Lock icon SYDNEY
      624 22 AFP QAllOrdmariaß -4J STOCKS eased as the market was slowed by a lack of leads. The All Ordinaries Index dropped 4.9 points to 2,279.3. Turnover was 334.3 million shares worth A 5741.4 million. BHP fell 17 cents to A 517.40, RTZ-CRA lost 14 to A 519.43 and News Corp
      AFP  -  624 words
    • Article
      Lock icon WELLINGTON
      270 22 Reuter CI Wellington -QJ6 AFTER starting strongly, share prices came under selling pressure towards the close. The NZSE Top 40-share Index ended 0.95 point down at 2,239.54, on solid turnover of NZ555.9 million. Reuter mm ANZ B«nkmg 7 58 0 08 ***** Adv«nt*9M Htdgi 1*8 -0.02 ***** Air N«w
      Reuter  -  270 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Car stocks fall on sales worries
        7994 23 Bloomberg Business News CI Composite Index -o*B4 SHARE prices closed marginally lower as car stocks fell on concern slowing sales will cut profit growth. "The auto sector came out with a good set of earnings results, but people are looking ahead now," said an
        Bloomberg Business News  -  7,994 words
    • WARRANTS & OPTIONS
      • Article
        Berjaya Leisure wrts: for risk takers
        3714 24  -  WARRANT WATCH By) R Sivanithy WE HAVE on occasion in the past highlighted a strategy of buying warrants when they are deep out-of-the-money and selling them when they move in-the-mon-ey. This fairly high-risk approach seems to work mainly in the case of Malaysian warrants,
        3,714 words
    • Article
      CLOB INTERNATIONAL
      2261 24 Qf Of -MM Laat Vat 0ay Laat Ouata Mv Oiv VM Nat M Cap Law 9<wa Ciw>wy Bala POOOl Law »mr W> On P/t $■< 625 364 msSOOO AIS85QC 374 unch 12 374 372 374 386 55 4.9 04 77.9 3816 m 84 ms 9001 AMOeSOc 105 -3
      2,261 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1147 25 TURNOVER (*000) VALUE COOO) Mm CH» T«W MM« o* wg lndu*tri«l 25.135 9,318 34.453 74.957 21.374 9*. 131 rintnc* 3.074 2J76 5/150 31.612 3.994 35,606 Hotoi* 1.366 >69 1337 4,736 243 4,961 Propwtlw 7,186 4,556 11,742 43,157 5.871 44,026 Plantation 415 415 935 935 Mining 110 HO 262 262 SIW
        1,147 words
      • Article
        MAIN BOARD
        4615 25 Gr Cf M Wt 1996 LMt Vol Doy Lost Ouot« Dlv W* YM N#t Cap Av« High Low St No Compony Solo COOP) Hlfh Low Buyoc Sollor H C*vr f/l %mtt Wco MOUSTKIALS 5146 ASENTS10 200. OS- 014 1*5 1258 Acor 50c US180 unch 362 181 180 180
        4,615 words
      • Article
        SESDAQ
        957 25 Cr Or mm 1996 Lot V* Day Last Oust* Dtv Otv YM Nat Cap A»g HN«I L— «tw Cin>«y «al» rooot Hteb L— fcyw «—«r CMr P/t fftPAQ 289 135 a 2000 A8R HKlqi 5c 178 -4 200 186 178 178 180 3.0 >4-2 ai 111.3 79.2 185 90
        957 words
      • Article, Illustration
        HOT STOCK
        55 26  -  Ven Sreenivasan KL-LISTBD Malaysian Resources has been rising strongly on high volumes prior to its midday suspension yesterday. Although its RSI shows that it is in overbought territory, stochastics and momentum indicators suggest that there is further upside potential in the immediate future. But resistance will build up
        55 words
      • Article, Illustration
        Market plods along on takeover rumours
        878 26  -  STOCK MARKET COMMENTARY Bine chips continue to be ignored by foreign fond managers who seem more concerned with renewed uncertainty in US bonds By R Sivanithy [SINGAPORE] A handful of situational plays, based mainly on takeover speculation, yesterday livened up what would otherwise have
        878 words
      • ON THE GRAPEVINE
        • Article
          Spring cleaning at DBS Securities
          74 26 SOURCES who know DBS Securities well say that the stockbroking firm isn't cutting back on staff and could be talking to a dozen candidates for the position of dealers. Market-watchers reckon the new CEO has been busy doing some "spring-cleaning" lately but intends to maintain
          74 words
        • Article
          It's a type error
          79 26 NOW where have we heard this one before? Came question time during a seminar yesterday on the state of the Singapore economy, and an alert delegate pointed to an error in one of the tables. Into a huddle went the distinguished panel of economists from the
          79 words
        • Article
          Life and death in the grey market
          159 26 LIFE today is popularly described in terms of the five Cs—cash, credit card, condo, country club and car. Death, on the other hand, is rarely discussed. Ratings agency Moody's Investors Service, however, has come up with a different set of five Cs to
          159 words
        • Article
          Let there be light
          76 26 A LABU AN-BASED reader who follows this column avidly wanted our views on a microlighting project We are somewhat embarrassed to confess that we have no idea what a microlighting project is. So an electronic mail was sent around the newsroom. Among the answers: it's the
          76 words
        • Article
          Outdated data
          47 26 A SPEAKER at a banking conference yesterday presented a paper on Islamic banking based on data gathered five or six years ago. The presenter, an academic, said current information was difficult to obtain and nothing new was on the Internet either. Any offers of help?
          47 words
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      287 15 EASE Kill BACK IN JUT A FEW STiPt JL j«|p Now that the National Massage Lounger can be found at 16 conveniently located National Neighbourhood Dealers, the solution to easing your back and neck muscles really is just a few steps away. Let our professional demonstrators show you how the
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      1701 16 BUSINESS Notices l() xmi Kl,sl xl 1 l(H 1 KM rss —C.K.TANG C.K. TANG LIMITED (Incorporated In Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 36th Annual General Meeting of C.K. TANG LIMITED will be held at Belimbing Room. Level 2, Marriott Hotel, 320 Orchard Road.
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      5 16 MORE NOTICES ON PAGE 26
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      279 17 StorTAC" WEARABLE CELLULAR TELEPHONE 1 (tt) MOTOROLA Authorised Ceitiiar Ostnbutor B Ivy Loh General Manager |A nwnbar of Chang ora>4) 0( Comp«««t 911 Bukit Timah Road Singapore *****2 ■PPF Tel: 460 1708 Fax: 462 3617 rrf orft io Actual size Actual size How small can a handphone get? VThe Motorola
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      1817 18 8 THE BANK OF EAST ASIA, LIMITED ANNOUNCEMENT OF 1996 INTERIM RESULTS INTERIM RESULTS The Directors of The Bank of East Asia, Limited announce that the unaudKed results of the Group for the six months ended 30th June, 1996 are as follows: 6 months ended 6 months ended 3MB/1996 30/6/1995
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      124 19 Spend a week in our Distributor Training Program...then decide! Crestcom training is offered by over 80 independent Distributors in more than 40 countries. We market start-of-the-art, video-based, live-facilitated management and sales development seminars. Thousands of satisfied customers worldwide. Initial interviews in Kuala Lumpur Singapore, mid-September. Successful applicants must be available
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      962 19 Banque Francdisc KrCt du Commerce Ext6rieur MBH AND ITS SUBSIDIARIES HEAD OFFICE: 21 Boutevad Hauasmenn, ***** Paris Cede* 09 SMGAPORE MUNCH: SO RaMes Plan 135-01 She* Tower, Singapore *****3 CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER 1995 (In rnmont o/frnch tnna) tin muttons ot Flinch timet) OMtt.ms Dtsi.nM U*muandnu*y Dtai.ms
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      61 20 *V\ *VM V-%- •{/('lt M i I i J j I j gold with black onyx and with BVLGAR I Bangkok Singapore Kuala Lumpur Jakarta Grand Hyatt Erawan Hilton International Shangri La Hotel Grand Hyatt 254 6325 737 1652 201 8919 326 661 Roma Milano Paris Geneve Diisseldorf London New
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      109 22 Why wear readymadc shirts made for the average body? At CYC, every shin is skilfully crafted for your body giving you just the right nBI^W fit. And you have our word on it each CYC shirt comes with a guarantee. You can choose from our collection of more than 1000
      109 words
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      51 23 ell ■II I challenges of each investment vehicle in Singapore Wednesday 30 October 1996 WW the various markets (gp Holdings wmrnmmmxmmsimmmimitomijmmamnmmmtamMmmMniM Now's your chance to advertise to Marketing Division, 82 Gen ting Lane, 137,000 interested readers and investors. News Centre, Singapore *****7 Call US now! Tel: 745 8800 Fax: 749
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      43 24 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai I*All V SIX tim6S daHy Eni Y QOUrmet food, vlnta 9 e SIX. TIMES DAILY■ A French wines and a standard of service that's famous the world over. 9
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      23 25 H- Z' X .w»»> H ii g* 5 ■fc ju. mm »a K *tk»& Finest Scotch Whisky Quality in an age of change
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      Page 25 Advertisements Column 2
      140 25 To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane >;.< Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period i~ 112 months 6 months Q 3 months at 5560.00
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      1975 26 Singapore Closing Share Prices 29/8/1996 CLOSE PREV LOW HIGH t ||l| uss uss uss uss All if# Jardine Matheson 6.50 6.45 6.40 6.50 fffRHIYI Jardine Strategic 3.26 3.24 3.22 3.26 L VNV J Dair y Farm 0.705 0.705 0.785 0.80 Hongkong Land 2.28 2.30 2.26 2.31 ■VipiPPVl Mandarin Oriental 1.38
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      Page 26 Advertisements Column 2
      189 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CALWRYCH TRAOMQ PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Compeniee Act, Chapter 50 that a meeting of the creditor* of the abovenamed Company wil be heM
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      Page 26 Advertisements Column 3
      274 26 M THE MATTER OF THE COMPAMEB ACT, CHAPTER 80 AND M THE MATTER OF BTOTHERT ENTERPRISES PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company held on the 23rd day of Auguat 1996:•SPPfaAI RESOLUTION* That the Company be wound up voiuntartty pursuant to
      274 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      282 27 Knight-Ridder, Reuter TRADING remained sluggish in most areas of the freight market, continuing generally flat with little movement in rates, brokers said. Futures continued to slide as sentiment and a weakening physical market gathered momentum, Clarkson Wolff said in its daily Biffex market report. The Baltic Freight Index
      Knight-Ridder,; Reuter  -  282 words
    • Article
      MARITIME STOCKS
      254 27 SB tOO *g» »«/-*> •t«rT DMrttuMan Ol *003 17 Cftuan Hup HoMnqs. 104 -0.01 231 Com mvartmant _L29 undt 14 ■FU.S 4.70 unctl 343 f rught Un*» 0.71 .Coili'"*"J« 0.9ft -0.04 24 Hal San Hup Group-104 -OOI 2<H HttacNZoaan 0.»2 -0.025 83 IMC HaMnqt MK5.60 AyaHaMinqs to* -0.02
      254 words
    • Article
      SML buys into S'pore firm, signs Thai venture deal
      374 27  -  It takes stake in logistics group, enters venture to set up Laem Chabang container depot By] Rahita Elias [SINGAPORE] Listed Sembawang Maritime Ltd (SML) yesterday announced two major deals one in Singapore and the other in Thailand. SML has acquired a
      374 words
    • Article
      Lock icon SCI plans own feeder on Madras-Colombo route
      266 27 Business Line [MADRAS] Indian national shipping line SCI is considering launching its own feeder between Madras and Colombo and is looking at the charter market for a suitable vessel of a capacity not exceeding 350 TEUs (20-ft equivalent units). It hopes to start
      Business Line  -  266 words
    • Article
      Exclusive jurisdiction clause in bill does not apply to shipowner
      727 27  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE Privy Council in England has held that a shipowner cannot rely on an exclusive jurisdiction clause in a time-charter-er's bill of lading as it was a third party to that contract of carriage. In
      727 words
    • Article, Illustration
      Otal's new multi-purpose vessels
      65 27 [SINGAPORE] West African trade specialist OT Africa Line (Otal) acquired two multi purpose ro-ro/container vessels, Kintampo (above) and Kagoro, both with a capacity of 1,328-TEUs (20-ft equivalent units). The two vessels are now serving the north Europe-west Africa trade. Otal marked its 500 th voyage between
      65 words
    • Article
      Lock icon M'sian maritime industry to seek new financing sources
      219 27 Ms9oom ship financing fand already used np MBT [KUALA LUMPUR] The shipping community in Malaysia will have to look for new sources of ship financing, now that Bank Industri Malaysia, currently the only local bank actively involved in financing the maritime industry,
      MBT  -  219 words
    • Article
      Lock icon Hyundai plans to offer luxury cruises
      182 27 Bloomberg Business News [SEOUL] Hyundai Merchant Marine Co is branching into luxury cruises and plans to invest 8 trillion won (5513.7 billion) by 2000 in a drive to become one of the world's top five marine transport companies. Hyundai Merchant, a unit of the
      Bloomberg Business News  -  182 words
    • Article
      German sailing school ship in S'pore next month
      93 27 (SINGAPORE) The German sailing school ship Gorch Fock will visit Singapore for the first time next month. Already on her world tour, the ship will arrive at the World Trade Centre on Sep 23 and remain in Singapore till Sep 27. Its
      93 words
    • Article
      Start dredging or bigger ships wont call, HK told
      341 27 Terminal operator warns of crisis at Kwai Chung container port [HONGKONG] The larger than 5,000 TEUs (20-ft equivalent) new-generation container ships that are coming to Hongkong will be forced to go elsewhere if dredging of the Rambler Channel does not begin
      341 words
    • Article
      Lock icon Hard times for China shipyard scrappers
      178 27 AFP [SHANGHAI] Shanghai's ship scrappers are grappling to deal with rising prices for old ships in the international market and falling scrap steel prices in the local market. The Liberation Daily said last week there were about 20 shipyards specialising in scrapping vessels, adding
      AFP  -  178 words
    • PORT Shots
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        K&N's 1st-half profits up 13%
        88 27 [SINGAPORE] Giant Swiss freight forwarder Kuehne Nagel (K&N) has reported a 13 per cent increase in net group profit to 32 million Swiss francs (5537.6 million) for the first half of the year. Revenues declined 2 per cent during the period, to 2.46 billion francs.
        88 words
      • Article
        Lock icon Oil leak partly shuts Taiwan port
        53 27 Reuter [TAIPEI] Taiwan's Chinese Petroleum Corp said yesterday it had closed one of two offshore crude oil unloading units near its Taoyuan refinery due to undersea pipeline leakage. "The unit was closed after we found minor leakage in its undersea pipeline," company official Liao
        Reuter  -  53 words
      • Article
        Lock icon Swift Transportation in letter of intent
        82 27 Reuter [PHOENIX] Swift Transportation Co Inc said recently it entered a letter of intent to buy operating assets utilised in the dry freight van division of Navajo Shippers and its wholly owned units Navajo and Digby-Ringsby of Denver. The combined dry freight revenues for
        Reuter  -  82 words
      • Article
        Lock icon Bergesen's 1st half profit plunges
        65 27 Bloomberg Business News [OSLO] Bergesen ASA, the world's largest gas tanker shipping company, said first-half pretax profit dropped 42 per cent after income from the sale of securities and currency transactions fell. Operating profit more than doubled to 253 million kroner (5555.4 million) from 102
        Bloomberg Business News  -  65 words
      • Article
        Lock icon 4 in mutiny boat froze to death
        92 27 Reuter [SEOUL] Four of the 11 seamen who died in an apparent mutiny in the South Pacific on board a fishing boat perished in the ship's deep freeze, a South Korean police officer said on yesterday. He said surving crew members on board
        Reuter  -  92 words
    • Article, Illustration
      Lock icon Chipping at shipping barriers
      1044 28  -  MARITIME SERVICES: US PRESSES FOR FREER COMPETITION Ongoing disputes with China, Japan and Brazil illustrate the problems US shipping lines face in the fastest-growing markets of East Asia and Latin America but the trend is towards more open shipping W Bruce Odessey USIS PROBLEMS for US
      USIS  -  1,044 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      438 28 PAGE Evergreen 6 AEIOcean 17 £w P r,me AEL 14 Fl Bright 7 AFTShpg W fMG •AMI 3 fmoui AMt w farwide M tt Accord 8 Ahrer.luel 4 0^ Sun Appenship 4 Astro 3 F t 2L m 7 Frt World 7 US
      438 words
    • Article
      SHIPPING GUIDE
      11084 36 EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Dest'n Name Name Number Number MMMaMWMNMIMMMMMMMNMHHMMMMMMEIMMMHMMnMR MHHMHinMMMHHHHHHWlMMMMnMt 03/09 05/09 Samudera FAR EAST PEARL 927 65-*****0, A 03/09 06/09 PVJL DRAGON TEKONG 67N 65-*****2, 04/09 05/09 lsUnd MCC VANTAGE
      11,084 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        830 43 N- Voy No Berth Arrival Departure r Jvmi hrt AAyios 08/96 J14 alonqside 29.08/2300 Satin Indaft N306 J02 alonqside 30 08/2300 Bmtln Bar a *****6 J03 alongside 29 .08/2300 8( ti(H Mttr 0*0896 J01 alongside 30 08/0600 Bt Mnctu ja *****6 J01 alongside 29 08/1815 Bt 4HI M<Si
        830 words
      • Article
        COHTAPfER SCHEDULES
        2004 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklmj/Btlanct Rstls Ship Voy No Etb/Btr Period From To From AcMfffrxM 03/94 11/0700 M 29/1500 29/1459 29/1900 21 29/1700 30/0459 N/0900 3 30/0700 J0/TI51 30/M00 4 30/1200 30/1459 30/1700 Aci Mt 306* 0V2351 3 30/0700 30/H59 30/1400 4 30/1200 10/MM
        2,004 words
      • Article
        GLOBAL HOLIDAY
        321 43 AUG 30 Turkey: Market and Public holiday, Victory Day. Peru: Market and Public holiday, St. Rose of Lima Day. AUG 31 Kyrgyzstan: Market holiday. Malaysia: Market and Public holiday, National Day. Moldova: Market holiday. SEPT 2 United States: Market and Public holiday, Labor Day. NYSE, New York Cotton
        321 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon BA-American Air alliance faces new setback
        366 44 US-UK aviation talks on open skies deal set for this week called off AFP [LONDON] A powerful aviation alliance planned by British Airways and American Airlines was under renewed threat on Wednesday, after the US called off talks on an "open skies" deal with
        AFP  -  366 words
      • Article
        Lock icon UK lowers noise limits for Heathrow, Gatwick, Stansted
        206 44 Reuter [LONDON] The British government on Wednesday lowered the noise limits for London's Heathrow, Gatwick and Stansted airports and announced it would make a bigger effort in detecting and fining violators. The limits, effective from Jan 1, 1997, are reduced as much
        Reuter  -  206 words
      • Article
        Lock icon First shipment of Indon national cars reaches port
        291 44 AFP [JAKARTA] The first shipment of Indonesia's controversial Timor national car made by Kia Motors Corp of South Korea arrived at Jakarta's Tanjung Priok port yesterday. Witnesses said workers began unloading the cars just before 2pm (0700 GMT). However, the cars may
        AFP  -  291 words
      • Article, Illustration
        Lock icon Rolls-Royce on two wheels
        43 44 [HO CHI MINH CITYIA girl riding on a Japanese-made Honda Spacy I2scc motorcycle, considered as a two-wheeled Rolls-Royce. The Vietnamese capital's young residents from rich families are ready to pay US$6,OOO (558,460) for a new one and 4,ooosecond-hand. AFP
        AFP  -  43 words
      • Article
        Lock icon Nod for CAL to buy Formosa stake
        169 44 AFP (TAIPEI) Taiwan's Fair Trade Commission (FTC) has approved a China Airlines (CAL) application to buy 42 per cent of domestic carrier Formosa Airlines, FTC officials said. The cabinet-level FTC gave its approval on Wednesday, saying the merger was not expected to have
        AFP  -  169 words
      • Article
        Lock icon Qantas starts direct Shanghai flights
        226 44 Bloomberg Business News [SHANGHAI] Qantas Airways Ltd inaugurated direct service between Sydney and Shanghai on Wednesday, saying it expects competition to heat up in the wake of this year's Austra-lia-China air route pact. The new twice-weekly service follows a March agreement between Australia and China
        Bloomberg Business News  -  226 words
      • LOG Book
        • Article
          Lock icon SIA denies making more Boeing orders
          87 44 Bloomberg Business News [SINGAPORE] Singapore Airlines Ltd, the nation's flag carrier, said it hasn't added to the USSSI2.7 billion (SSJ..9 billion) plane order it placed with Boeing Co last November. Citing industry sources. The Asian Wall Street Journal yesterday said Boeing has won orders
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Japanese vehicle production up 9.5%
          58 44 Bloomberg Business News [TOKYO) Japan's vehicle production rose 9.5 per cent in July to 953,010 units, the Japan Automobile Manufacturers Association said yesterday. That's the third rise in the last 13 months. Japanese car makers have been reducing domestic production as they cut exports and
          Bloomberg Business News  -  58 words
        • Article
          Lock icon Duesseldorf to open air passenger halls
          81 44 Reuter [FRANKFURT] Passengers using Duesseldorf airport will from Nov 1 no longer have to use tent facilities put up after the April 11 fire, airport authority Flughafen Duesseldorf GmbH (FDG) said on Wednesday. Two interim halls built for 70 million Deutschemarks (5566.5 million) over
          Reuter  -  81 words
      • Article
        Lock icon Japan aircraft firms to join Boeing project: report
        88 44 Reuter [TOKYO] Japanese aircraft makers will join with Boeing Co to develop the next generation of its popular 747-400 jumbo jet, a Japanese newspaper said yesterday. The Japanese makers include Mitsubishi Heavy Industries Ltd and Kawasaki Heavy Industries Ltd, the business daily
        Reuter  -  88 words
      • Article
        Lock icon Japan bank withdraws loans for US car makers
        193 44 Bloomberg Business News [TOKYO] The Export-Import Bank of Japan has declined to offer US car makers new low interest loans it granted last year to help boost exports to Japan. The decision was made as a steady decline in Japan's trade surplus
        Bloomberg Business News  -  193 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1781 44 CITY FLIGHT ETA FU6HT ETB Oft WQ5 LHTT3 2359 Abu Dhabi GA890 2140 Fukuoka SO909 1700 S0990 0105 Adelaide S0229 2220 GIM S*183 2115 Amsterdam SO327 0755 KL844 0040 Gmnqzhoy ftc C2354 0925 K1837 1445 GA890 2140 Hanoi VN745 1300 VM744 1400 KL838 2300 VN741 1310
        1,781 words
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      1088 28 WNORTH AMERICA I EXPORT L* 1 OTHER DESTINATIONS ~1 DIRECT TO WEST COAST WBT COAgT Of CENTRAL AMERICA (MARQARTTA SERVICE) I vcsa VOT Irasw Inosi I ia 1 <vm I vat I sia I «>ai 1 hou 1 owe I wy [nbocoqtt m* Ivor mi Iwi l NEPTUMf AiiXANOCm 2SW
      1,088 words
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      Page 28 Advertisements Column 2
      811 28 Members o( the Singapore Freight Forwarder* Association. a X&JgSJ\ *Uw 4 services representee ftmßSbXi by Members of the Registry of Accredited Shipping Agents, S pore National Shipping Asso We arc an SO 9002 certified _I WHSOWK company detling in Ship's spats, far JQji Kpj products covering German Eumpetn. SJ| American
      811 words
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      1124 29 EXPORT TO: TO: JEPPAH/UK/CONTINENT IVISSEI VOY SIN JED R'DAM H'lUtG I'HAVTN STON L£H ALSO ACCEPTING CARGO FOR: Aft INDONESIA 3344 31/08 21/09 19/09 14/09 17/09 GLASGLOW, GRANGEMOUTH KOUOYD AMERICA 5356 04/09 24/09 22/09 26/09 AMn cnUTHSHIILDS MAAS 1356 06/09 22/09 24/09 27/09 2S/09 „rrc/.^. QOCIFtAWq 3356 07/09 21/09 26/09 23/09
      1,124 words
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      Page 29 Advertisements Column 2
      2297 29 HANJIN SHIPPING USA CANADA* |UM HAU./V0T **M SU TO T1W TOP [~~oi DTT [~"55 M OWN pB KK [IfTC Off TV« TYZ YW. TTC TW jUMggWMWI U/W M/W M/W »/W~ M/W W/W W/W 01/10 W/jT U/H W/W 01/10 02/10 U/10~ W/U W/W 03/10 03/10 02/10 02/10 KM0HHUMG02M 10/W 12/W 03/10
      2,297 words
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      1591 30 VQSa VQT SJMGAPOBE COtOOIO JBgjjj MAITA SOUTHAMfTOH HAMIUI6 MHjBjNMjHI IQTTtIOAM jggg LEWIE HMttuttanGS OtW34 _uj 145 M 1 2SZ! W MWIOOWMt 01*35 M M 213 M W rtOKHSTDPURS 7IWD3S </> 13/f n/* M 73/1 mXSHOUTW otw«3s __s£ m M M z Kwporuy owot m >o/t i/io vn ?yt uu _jn
      1,591 words
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      Page 30 Advertisements Column 2
      1422 30 NORASIA vessel voy [Sin pkl ooa las bcl val alo rot amt fel lha NOR HONGKONG 9634-3 0349 05.0T ZOD9 BW 2209 ?9« (1/11 7689 7709 27AM 29D9 NORSHAIUAH 9635 3 11*9 IZO9 2799 02/10 2949 06 1 0 17/11 03/10 04/10 #4/10 06/10 MSCINSA TBA 1149 1949 04/10 01/10
      1,422 words
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      Page 30 Advertisements Column 3
      72 30 I jujH SHANGHAI HAI HUA hasco SHIPPING COMPANY DIRECT SERVICE BETWEEN SINGAPORE AND SHANGHAI TRANSIT TIME 7 DAYS (WE SPECIALISE IN DANGEROUS AND HEAVY LIFT CARGOES ALSO ACCEPTING CARGO DELIVERY TO INLAND POINTS) ETA ETA VESSEL VOY SPORE SHANGHAI NANJING /9611 21/09 30/09 Other China Ports Subject Inducement General Agent
      72 words
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      Page 30 Advertisements Column 4
      442 30 Direct Container Service to Fangcheng Zhanjiang Vessel Spore Fan2cheng Zhanjiang UANBAO 01/09 06/09 08/09 /VQffTRANS TEL65j*****7 FAX: 45-*****90 Mohi-Purpose RO/L0 Carrier Accepting: RO/RO, Romp Capacity opto 40 tons Heavy lift opto 68.5 teas Conveetkmd/ Bred &A /Qmtaner/Reehn Omtmm Thai Flag States AA hytw V.3OA 1 POOT 04-07/0* 03-04/0* 10-12/0* Mibpws
      442 words
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      1559 31 PV STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 SABAH I BRUNEI COHVEHTIONAL SERVICE SARAWAK CONTAINER SERVICE vKsa i vor lin 1 m In Ivtssn voy Ismoapqbil kucmwc SmraSTM V ***** I 02/09 06/09 07/09 cm AM JN M V94I4EA IS/09
      1,559 words
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      Page 31 Advertisements Column 2
      2294 31 FCL TO TAIWAN t JAPAN VIA HONGKONG J U|M 7»I«M QTMk M/A/lIIMM Cml+m *****41/544 KMOUOHKL *fm*} o+t Ofmtnm j COSTAR SHIPPING PTI LTD k»««cchi c, it«— coimttuanwmmu. i/itnuci Ci.wm. om/h Stmtm Wr, tU-tt MS Mfc Im 7 «MW Mu»*A» (0»m CST HO M?-OM*MSI fe«. »JMIJ W t/JSMIU/lt/ fee Mb: 4MK»
      2,294 words
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      1487 32 EUROPE/UK/SCANOINAVIA/FINIANO/RUSSIA SGP RDM ANW HBG THP LHV LHV THP ROM ANW HBG PKL ["IGP~| E. REFINE RW-007 1/1 20/9 2S/9 21/9 23/9 25/9 E GLEEFUL RE 044 4/8 7/1 8/8 tfB 9/8 2/9 4/9 E. REPUTE RW-OM 7/9 27/1 24/9 21/9 23/9 25/9 E. GIFTED RE 0»5 11/* 13/1 12/«
      1,487 words
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      Page 32 Advertisements Column 2
      1138 32 VESSU VOYAGI SGP DUI AIU NUt IIN IWT Ml VISSfI VOYAGt DM AMI DMN lAN SGP UNI (OMQIT *****71W 05/W IS/0* 14/0* 17/Dt 11/W 17/W 17/W I UNI CO«OtU 04IS-03K ?!/M 72/01 73/01 73/01 04/W UWCONCOtO 047M31W 17/ M 77/W 73/W ?4/W 7S/W M/W M/W |UN (HAH 041* 0371 7S/0I
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      Page 32 Advertisements Column 3
      753 32 £23 RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 LINES) ZL FAX: *****18/*****03 CD TELEX: RS ***** RtSHIP (3 Unes) CR NO: **********0E J PQ ETHIOPIAN SHIPPMfi LINES X (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Veeael Voy ETA Loading for Spore 45W8 19/09 Netsanet 44W8 18/10
      753 words
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      770 33 BSfl n mm MYANMA wBBk FIVE STAR LINE (Myomaor National Lit*) Loading for Yatgoß (Rangoon) VKSII VOT SIN KG PtN PGU PAGAN 235W 30/01 AVA 137W OS/Of MALAYSIA AGENTS: ROUSTIAD SHIffING AfIOKIES KUL Ttt 03-03-*****00 ML HI 02-03-376*101 KN: Til 02-04-2****** PGO: HI 02-07-*****21/4 BANK LINE (A wnki of Andrtw
      770 words
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      Page 33 Advertisements Column 2
      1022 33 /HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG: *****32 PGO VKSIl/VOY VOY SM ITM ANT UM iuji SH FU 21/01 JO/M 11/01 HY. ADMIRAL 302W 01/09 70/09 71/09 M/00 77/09 77/09 U/09 04/09 0t/09 07/09 HY. OUU(NGH JIJW 09/09 77/09 19/09 01/10 79/09 79/09 01/10 11/00 13/00 U/00 HY.IAROH
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      Page 33 Advertisements Column 3
      418 33 (j£ FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) i—4 SAILINGS A WEEK TO S BANGKOK J J AND REGULAR SAILINGS TO N CIfIABANG THAILAND frill \BANGKOK f FOR BOOKING *****33 CONTACT AMY P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES)
      418 words
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      Page 34 Advertisements Column 1
      1723 34 —nam— hue—■■ [vessel voy sin jkt "I [vessel voy sin pen I^B 1— GURU BHUM 3758 Sat 31/06 Tu« 03/00 JAWU BHUM 8730 Sun 01/09~ Tu« 03/0B V6SSEL BHATRABHUM 99S 02/09 HT BMAS QUA 61» Tu. 03/0» Tbu OS/0» M RATHA BHUM 123N Sf» 31/06 Wad 04/09 EAGLE TIDE* 143
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      Page 34 Advertisements Column 2
      1009 34 SIKVKI I iwwA^/oS^rSSiwr VISML VOY I WN I CTO I VISML VOY SIN CCU CONSIST! NCI 327 SAT |31/0t WfD 1 04/09 ■XOUO SPO«l 225 TUt 31/0* THU 103/09 MfOHNA >11 THU 03/09 MOW 09/09 ■TTQtR SHARK 094CN1 TUI 03/09 SUN 08/09 PADMA 333 MON 00/09 |FM 13/09 BANDHOMIDA STAK
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      Page 35 Advertisements Column 1
      539 35 Weekly LCL A FCL ifl Services to Caribbean Ri hipp i no A Central America St. CHAMPION MUNKEBO 015E MAERSK 9609 Port Country 03/09 10/09 Belize City Belize 07/10 U/10 Bfidgelown Barbados 10/10 17/10 Cortogena Colombia 09/10 16/10 Castries St lucia 09/10 16/10 Fort de France Martinique 10/10 17/10 Freeport
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      Page 35 Advertisements Column 2
      964 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CP NO **********06 IVtSSIL »0t PIG SIN STO Vil ADt FRI MO fi« i I 3P St—i- if nST iii"'- I tinit m ifii «n t n l&iq I nr w a b. it, wi.
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      Page 35 Advertisements Column 3
      913 35 VESSELS VOV SIN DAMIETT* LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTWERP VILLE D 6 SAGTTTA SI6W 03/09 IVOB 23/06 24/00 26A» 27A» 29/09 VILLE DE NORMA NI6W 1(y09 21/09 3CVO9 01/10 03/10 04/10 06/10 VILLE DE GEMINA HI6W 17/06 28/09 07/10 06/10 10/10 11/10 13/10 VW-LE DE LYRA YI6W 06/10 14/10
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      Page 37 Advertisements Column 1
      48 37 To retrieve more schedules, just follow these simple steps... document JViaX 740-6000 te P be faxed M kV M fltoyou* Press "1" the port StepV Step key in the four number /jf digit code Key in your Example: fax'number To HAMBURG (HAM) 2150 Germany for calls within Singapore
      48 words
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      Page 38 Advertisements Column 1
      1281 38 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR NO; 1244C730MMCST KG MO: «C-0H739M( TEL *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8^ V W 1 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BND I V TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****256 A INDONESIA: P.T. SARANA LAUT MTERNUSA, TEL
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      Page 38 Advertisements Column 2
      808 38 Jlcok Sfaftftutp (Ptt) Ifflfl (SHIPOWNERS t SHIPPING AGENTS) HB4H 10 Am* KM §14-13/14, H/17, IMI *iNrs«rt»sW Mm Smppw *****3 IF 9 Tst *****11 (14 iitsj Fmx: (45) *****94 Cdk A* 'LWtUOHS" T+x: iS ***** At LMHUAT MO: **********0W WEEKLY SAILING TO YANGON NDONESIA Vissa VQY I SIN I YGM VtSSfl
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      Page 38 Advertisements Column 3
      1241 38 (***** TWICE WEEKLY EVERY THURSDAY/SUNDAY |Q5Qg ARRIVAL FIXED DAY-MONDAY *»a voy nin m nm fxt uh am «»i w leh fxt ham am sm MING EAST J634W 101/09 I 1 &09 2009 21-09 7YX MING GLORY A62BE SLO SLO SLO SLO 02/0 C GWUITAfI BRIDGE A635W1 OVO9 I ?&09 2609
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      Page 39 Advertisements Column 1
      655 39 J !>■ iltl"^^l VESSEL VOY SIN MAA SIN I TIGER WAVE 464N 02-03Y09 08-11/09 16-17/09 I IIIGER ISLAND 465N 06-07/09 11-15/09 20-21/09 I I TIGER BRIDGE 466N 09-1009 15-18/09 23-24/09 I TIGER BAY 467N 13-14/09 18-2209 27-28/09 I I GOER WAVE 468N 16-17/09 22 25/09 30-01/10 I Z I WGER
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      Page 39 Advertisements Column 2
      1022 39 Sea K Land I ALL WATER SERVICE TO NEW YORK •DORTHE MAERSK V.9608 ETA SIN ETDSIN I SEPT 96 2 SEPT 96 VBSH YOT ClAil n»M COWWKTWC Yissa IWTI IK MA 00 IK I KK ]VM MCM T0« I (OI I CUM I ■KB hoT "S7S «i m Ufwnc sm
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      Page 39 Advertisements Column 3
      1573 39 .gT Nedllovd weekly to |^l!^jsf Nedllovd Lines east coast south america Is J \>»or i CR **********0R 1 'I SINGAPORE PHONE (GENERAL) *****69 RATE ENQUIRIES *****41*248/260 CPS (PHONE) *****10 CFS (FAX) *****23 TO EUROPE EVERY WEPS/FM/SAT; Ma Im Lati Ilka Am* Meai Ml NLL AMERICA /5356 04/09 26/09 24/09 25/09
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      Page 40 Advertisements Column 1
      688 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 I HMHH TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 CR NO. IIM76SSOOOOD BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA B aJJ"^»ll|k 1;1 k HiM>|«ill ||l| IKH3HBESEE3B 8 slgs/week kWsMsfA'M 3 slgs/week 2 JVESSEL |~VOY fsm JAK
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      Page 40 Advertisements Column 2
      422 40 TO E. CANADA US ATLANTIC US QULF LOADING VOY SPORE T PXELANG* HAJJFAX N.YORK NORFOLK N. ORLEANS SAVANNAH TAMPCO HOUSTON HOEGHDUKE 0630 MPT I- 15 OCT 18 OCT 21 OCT 28 OCT 24 OCT 1 NOV 5 NOV HOEGH MIRANDA 0738 18/17 SEP 108 SEP 01 NOV 04 NOV 06
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      Page 40 Advertisements Column 3
      119 40 SIM FAR EAST 03/09 KEELUNG/KAOHSIUNG 01/09 BANGKOK 02/09 MANIIA/CEBU 02/09 JAKARTA/BELAWAN/SURABAYA 02/09 PORT KELANG/PENANG/E. MALAYSIA 02/09 BUSAN 02/09 TOKYO/YOKO/KOBE/NGO/OSA 02/09 HONG KONG SIH CHINA 02/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XING ANG TIANJIN/OINGOAO/HAIKOU SIN EURQPE/UK 02/09 LDN/FLX/LVP/SOU 02/09 ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 02/09 LOS ANGELES/NEW YORK all
      119 words
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      Page 40 Advertisements Column 4
      577 40 Singapore Soviet Shipping flu Co. Pte. Ltd. v CR NO: **********0N i IVESSEL VOY I SIN BOM MEKHANIK KURAKO MK22N 04/08 12/00 ORIENT CORD Oil 07/00 15/09 VANESSA 09N 09/09 17/00 t TRADE FAST TFSI67 20/00 28/09 i» I I REGULAR ILYICHEVSK SERVICE I [VESSEL VOY SPORE ILYCHEVSK* EVER GROWTH
      577 words
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      Page 41 Advertisements Column 1
      1048 41 SUPER EXPRESS SERVICE TO SEA lAL SHIPPING AGENCY (S) PTE LTD TEL NOS: *****66 (INBOUND) *****77 (OPS) FAX: *****33 CFS: *****31/*****42 CR NO. **********0Z JNBOUND FROM JAPAN VESSEL VOY OSAKA KOBE YOKOHAMA TOKYO HONGKONG PKELAMG SINGAPORE AS PEGASUS 331 IN PORT 01-02/09 SEA RANGER 341 06-07/09 08-09/09 AS POLLUX 351
      1,048 words
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      Page 41 Advertisements Column 2
      1506 41 Igw .lit Iggl SB? a B» So I ffio I"" DffL- g- flg I— RBAH I KHH HKT [EMIWMMfITnTp"] MS.TYW 1346 30.04 29X0* 2101 17.M 20.M 21M 11M CXI RTTAM 2326 2S-0T 27X4 02 09 03X9 04 to OIM Afl. INDONESIA 3346 30.04 29X0* HM 14X9 17M MM 21.09 DAMUK
      1,506 words
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      Page 41 Advertisements Column 3
      742 41 SHIPPING THRICE WEEKLY DIRECT TO HO CHI MINH CITY Z \tXPONT TO NO CNI MINN CITY IMPORT FROM NO CNI MINN CITY 3 vesa vot par m- ruspoti net nssa vor no hck msm mmmmmmm rm mm (M/w vm ow m/m oaagon uimuntan tu h/m v/m (tub dwtsa hv (H/m
      742 words
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      Page 42 Advertisements Column 1
      696 42 m as re a n A/ 1 SINO EXPRISS SHIPPING (PTI) LTD. W 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE *****7. W M TEL: *****00 (4 LINES) FAX: *****06 TLX: R*****1 SINOEX mmuu SHANGHAI (COMTAINIi SUVKI) Also occepting container cargo to: VESSEt/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beijioo,
      696 words
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      Page 42 Advertisements Column 2
      875 42 m. AM MN CONTAINER LINES, INC Agents: MAC-HELS SPORE: *****22 (24 LINES) kuchmg:(M2)«M433 NVX 1 ow MO. IJDPTiDOO— SOU: (OS4) *****9 IfIAMLA: (632) *****61 V W V PENANG: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31)*****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 BANDUNQ: (22) 42M686 HKO ETA
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      Page 42 Advertisements Column 3
      375 42 fejjn WENDER CONTAINER LINES ATTRACTIVE FCI7LCL RATES TO: Indian Sub-Continent Ports: MADRAS /BOMBAY/ CALCUTTA COLOMBO CHTITAGONG NHAVASHEVA/ PORT KELANG PENANG.: MADRAS W.WSHPG FWDG (P) LTD TEL: 9144-534 0450 FAX 9144-534 0200 BOMBAY W.WAGENCIES PVT LTD TEL:9I-22-207 5832 FAX :91-22-207 5831 PKLANG SUASA MASYHUR SDN BHD ,j TEL 02-03-368 9199 FAX
      375 words
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      Page 43 Advertisements Column 1
      133 43 > ■ayIVT T|l •i.l |T|] 1 '11 *1 *J I Tn il Jl»'m"l*H'll J 1 11 mm Ik I* B I S pore P.Ketang Loading For OZGURAKSOY SLD 27/08 Rdm/Atw/UK/Nan I ASPILOS 30/08 Atw/Rdm/U K I aGIASOF'A 14/09 20/09 Rdm/AtwAJK/Nai I Loads EVW. Malaysia. Indonesia I I Loading for I
      133 words
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      Page 43 Advertisements Column 2
      174 43 USA Vessel departs on every Monday (For booking, please call Jenny Tian at 548 9584 or Stella Gan at 548 9585) Dubai Vessel departs on every Tuesday (For booking, please call Serene Ghui at 548 9586 or Ann Goh at 548 9593) We accept FCL LCL CONSOLIDATION, WAREHOUSING. TRANSPORTATION. HOUSEHOLD
      174 words
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      Page 44 Advertisements Column 1
      57 44 HAYS SHIPBROKERS PTE LTD Due to continued expansion of our shipbroking activities, we seek to employ I -2 [jeople with chartering experience in Liquid Chemicals. Lubes and Veg. Oils. Applications with testimonials and CV should be submitted to: The Managing Director Hays Shipbrokers Pte. Lfd. 73 Bukir Timah Road #02-02
      57 words
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      Page 44 Advertisements Column 2
      54 44 You may have been unable to get your copy of The Business Times. The Straits Times, The Sunday Times. LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately To ensure a daily copy, call Customer Services Section on 1800-749-2577. and ask for .home
      54 words
  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      126 44 LEGEND R Thunderstorm Temperature «> c /C\ A y lowef Weather _X Wmd direction with speed in knots Rom V Cloudy Sky Wov he,gh Surface winds ore indicated by arrows which tty with the wind One ful circle represents colm or light ond voriobJe winds One half Heche represents 5
      126 words