The Business Times, 16 October 1996

Microfilm: NL20728
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA (P) 04W2/95 SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, OCTOBER 16,1996
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  • Article
    MARKET SUMMARY
    36 1 Hsu (+14.90) O STOMP «ur(+16.06) D S2K+*.si) n»cag- —uS5 5?2 WW 214SS.SS -f-4M.M BQBONI tUM.79 -f 1I0J6 SRMDD MM .till IMUSCtAqW MM -U9 *AiOAamr~jm.a «HJ8 -ltM "oB^iirKSzrSS HOST ALLflfe— 1PMB0T Ota* IP MK.7I -*7.11
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  • Article
    FINANCE
    55 1 ua si m 1.410 t ««t m ——MM an *m MM 1JM ■t MM MM MM MM MM iK»--_aLJS WWW *44 ,i Ml UXAXTA— taw m—OK— tin ■J25 *m HQMUlUfU m mwi-,.. —ft* HiiWL Ml 76 fono in WOPL— I0.M zoner uo mwrarr* u» UmUK k7t NBWKHK JJi -AmaeifttkMfca.
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  • Article, Illustration
    Lock icon New moves to boost S'pore capital markets
    583 1  -  DrHu says MAS to allow gradual internationalisation of the Sing dollar By\ R Sivanithy .[SINGAPORE] Finance Minister Richard Hu yesterday unveiled wide-ranging new initiatives aimed at attracting more foreign companies to list their shares here, but the biggest surprise was his revelation that
    ARTHUR LEE  -  583 words
  • Article
    3-day settlement will hit contra-trading: brokers
    478 1 [SINGAPORE] New measures to shorten the settlement period for share transactions will restrict contra-trading, while the launch of a new securities lending and borrowing facility will boost short-selling, brokers said. The two measures, announced by Finance Minister Richard Hu yesterday at the launch of
    478 words
  • Article
    S'pore shares rally but sentiment still weak
    139 1 [SINGAPORE] Shares rebounded in Singapore yesterday after hitting an 18-month low on Monday. But sentiment remained weak. The Straits Times Industrials Index rose to a high of 2,071.18 points but eased to close at 2,060.48 for a 14.90point gain. Yesterday also saw the
    139 words
  • Article
    Simex may trade BT-SRI futures contract
    578 1  -  It will provide fond managers with an efficient tool to hedge their regional investments Dr Ha By R Sivanithy [SINGAPORE] The newlylaunched Business Times Singapore Regional Index (BTSRI) may soon be the first local stock index to have a companion futures contract traded on
    578 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      114 1 Hi II I attj* tired" ■PAPcandidate Peter Chen and *cSheU CEO jTyf -f CBf Telecon IPO The initial public offering erf CM Telecom Intl. the I lint lilting on the Foreign Board, was subscribed by more than 3 timet, Fgl7 .iw WMwujb thispg. economic picture in the first quarter will
      114 words
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      Page 1 Advertisements Column 2
      12 1 Market reports, Pg 24-28 Hie Dow just keeps on going, Pg 20
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      61 1 •bank* set up $50m BT-SRlunit trust, Pg2 Gradual easing of Sf policy welcomed, Pg 2 Hook Look Slow: MAS goes with theflow, Pg 2 Regional reactions: New moves welcomed, Pg 3 Keynote address: Excerpts of speech, Pg 4 BT-SRI Supplement: Free with today's BT "HAPPY SPOCTi g^Hnr^t -i l^l r
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  • SINGAPORE'S NEW MARKET MOVES
    • Article, Illustration
      Lock icon 6 banks set up $50m BT-SRI unit trust
      624 2  -  SES also working with banks to quote the prices if their unit trusts <m the bourse By\ Shiv Taneja THE six local banks are joining hands to set up a $50 million unit trust to invest in the component stocks of the
      ARTHUR LEE  -  624 words
    • Article
      Gradual easing of Singapore dollar policy welcomed
      519 2  -  Benefit to local investors seen in longer-term By Anna Teo UNIVERSITY economist Ngiam Kee Jin was more pleased than surprised b* nance Minister Richard Hp'g announcement yesterday flu? foreign stocks can now be traded in Singapore dollars, in line with the new policy
      519 words
    • Article
      MAS goes with the flow on the Sing dollar
      730 2  -  HOCK LOCK SIEW Catherine Ong THERE were more than a few raised eyebrows in the plush ballroom of the Westin Stamford Hotel when Finance Minister Richard Hu made his surprise announcement yesterday on the Singa-pore-dollar listing of foreign companies. Sacred oow:
      730 words
    • Article
      New measures welcomed abroad
      953 3  -  Contribution* by Anthony Rowley, Quak Hiang Whai, Loh Hui Yin NOMURA Securities, Japan's leading brokerage, last night welcomed the package of measures designed to increase Singapore's attraction as an international finance centre and in particular the official policy of allowing the "gradual internationalisation" of the Singapore
      953 words
    • IN Brief
      • Article
        Eight more foreign listings soon
        83 3 ANOTHER eight foreign compenieo are expected to liot their aharaa 011 the SES over the next few montha, Finance Miniater Richard Hudiaclooedyeaftarday. Of thaee, two will liet on the newty-eatabttihod Foreign Board. Todate, the number afflbreignconpaniee Dated on the SEB haariaantoeo. Theee oompaniee—from Hongkong, China.
        83 words
      • Article
        New audit committee guidelines soon
        105 3 A NEW eotofgnfcloflnco on corporate governance tor lialed compeniee will be raiaaoed in the next few days, DrHu •akLThefuideiinee,devieedbytheSESinoo«*ult»tton with Meted to feoua on the role and —rirnHlHtlTtrfiimit rninmlltm TTrTTnulilthatlnttw wake ofthe Amcol debacle, the government and SES had conducted a Joint review into araaaerhteh
        105 words
      • Article
        More information,please
        114 3 INVBaTOM are unftmiliar with foreign oonipanioo listed on the SES as they are not well-reported by local journalists and investmsnt analysts, Dr Ha said. "Tlis only publhilygiren to sochooinpsniss is during their IPOs but tiw information quickly peters out, making It difficult tor local torsetors to follow developments
        114 words
    • Article, Illustration
      Lock icon Taking Singapore's financial markets to the next stage
      2692 4 Extracts from the keynote address by Finance Minister Dr Richard Hu at yesterday's launch of the Business Times Singapore Regional Index THE LAUNCH of the Business Times Singapore Regional Index, or in short the SRI, marks another milestone in the evolution of
      ARTHUR LEE  -  2,692 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      312 2 "V JP^ a JM iosBis Dff T BY" Financial Application |on|Wigiows NT PLAINS \tCJ SOFTWARE (S) PIE LTD 77 Science Park Drive CINTECH 111 #03-05 Singapore *****6 Tel: 65-773-9018 Fax: 65-773-9019 http://www.gps.com SBBiSBBiiBBBBBBBBBBBBBSBiBBBBBBBBBBBBBBBiBSSSS i I I E V|V L i More Specialties At Superb Discounts! MiniFoTtaoQiong Braised Whole Abalone Braised
      312 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      17 3 MIKIMOTO N C.T.HOO S4ncelW3 Singapore i 01 22 ■BR IUSn Tsngin Shopping Centre, Singspore *****0. Tel: *****47,*****43
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      Page 3 Advertisements Column 2
      219 3 WHEN THE WORLD'S YOUR PLAYING FIELD, YOU ALWAYS HAVE HOME GROUND ADVANTAGE I y f «j r This is our top money market dealer in Singapore. and home ground advantage in 250 cities. That's him, doing business over coffee. So trends in one centre can be communicated to Sure he
      219 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      762 4 /A THE DAIWA BANK, LTD. Head Office: 2-1, Bingomachi 2-chome, Chuo-ku, Osaka 541 JAPAN. NON-CONSOLIDATED BALANCE SHEET NON-CONSOLIDATED STATEMENT March 31,1996 and 1995 OF INCOME BANKING ACCOUNT Million* of yen Ycars March 31,1996 and 1995 ASSETS 1996 1995 BANKING ACCOUNT Milk™ of yen Cash and Due from Bank* Y 1,144,257
      762 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Retired Shell chief likely to be more than an MP
      407 5  -  Peter Chen among 3 nsw PAP candidates introduced by Dr Tan Reports by Chuang Peck Ming THE recently-retired chairman and chief executive of Shell Singapore, Peter Chen, was yesterday described as "more than Member of Parliament" material when he was
      407 words
    • Article
      PAP to focus on 2 issues in polls
      249 5 PREPARING Singaporeans for the 21st century and making Singapore the best home for them these are the main issues the People's Action Party will focus on in the coming polls. Deputy Prime Minister Tony Tan said yesterday. "Over the next few months
      249 words
    • Article, Illustration
      Belgian firms urged to list on SES
      527 5  -  noon BUKOPBAM VISIT PMGoh proposes throe moves to raise Belgian business presence in Singapore By Yang Razali Kassim [BRUSSELS] The Belgians are coming—and probably in bigger numbers. Following a business forum in Brussels yesterday, Singapore is likely to be used as their launching
      527 words
    • Article
      Westerlund to pump US$15m into China project
      349 5 [BRUSSELS] Belgium's Westerlund Corporation will invest US$l5 million (5521.2 million) to develop a US$2O million logistics and distribution centre for the pulp and paper industry in eastern China through the Singapore-linked Changshu Port City. Westerlund yesterday signed a joint venture agreement with the
      349 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      26 5 I h>\\ ll\\ I I I K\ > i < >\i >\n i \ss i\i (> i < < >\< >\n < i \sm i k v< f I Ik IK.iri of Asia.
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      Page 5 Advertisements Column 2
      112 5 IVIo 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS •SEYCHELLES IRELAND WESTERN SAMOA Tel: (fib) *****82 Fax (65) *****91 OFFSHORE WITH CONFIDENCE Introducing I PERKS. I THE NO-COMPROMISE PAYROLL SOFTWARE I PERKS works in any company, any industry, any country. I No customisation required. I Possibly
      112 words
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      Page 5 Advertisements Column 3
      75 5 -era-w+iMai sSSSa w! Wl j iMOfJbur I' Hold Your DAt The River turner c Dances Year-end Functions Wodcfing Functions Product Launches •U*. 1 m Conferences Meetings Events Theatrette Performances ■J9"' -J* Cafl us at 4-33 0186 to make your booking now! \l >\\ I I t >\t >\H I I
      75 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thailand faces serious economic woes: Bodi
      420 6 BANGKOK Ex-finance minister says expected heavy flooding, elections likely to send inflation soaring AFP OUTGOING finance minister Bodi Chunanonda warned yesterday that Thailand faced serious economic problems as he stepped down from the government of Prime Minister Banharn Silpa-archa. Mr Bodi, who resigned on
      AFP  -  420 words
    • Article
      M'sia expected to post M$600m trade surplus
      289 6  -  KUALA LUMPUR BntAngnst's swing from July deficit unlikely to perk np bourse: analysts By] Ruth Wong MALAYSIA'S trade balance is expected to swing to a surplus of some MJ6OO million (***** million) for August from a deficit of M 5624 million in July,
      289 words
    • Article, Illustration
      Lock icon Suharto highlights E Timor growth
      332 6 JAKARTA AFP PRESIDENT Suharto yesterday defended Indonesia's record in East Timor during a rare visit to the contested territory. Mr Suharto flew in for a brief visit to inaugurate development projects and a 27-me-tre high statue of Jesus Christ, said to be the tallest outside
      AFP; REUTER  -  332 words
    • Article
      Lock icon Religious tension not over yet
      124 6 JAKARTA Reuter THE leader of Indonesia's largest Islamic organisation yesterday predicted that attacks inflamed by religious passions, such as those on churches in East Java last week, could recur. Abdurrahman Wahid, head of the 30-million strong Nahdlatul Ulama, said intolerance was the root cause behind
      Reuter  -  124 words
    • NOTE Book
      • Article
        Lock icon Vietnam denies move to devalue dong
        72 6 Reuter [HANOI] Vietnam moved on Monday to dampen speculation over a devaluation of the dong by denying the move in a series of media statements, but foreign bankers said the market was confused. In an interview with the Lao Dong newspaper, State Bank governor
        Reuter  -  72 words
      • Article
        Lock icon Manila projects 7.5% GNP growth
        71 6 Reuter [MANILA] The Philippines' gross national product is projected to grow an annual 7.5-8.5 per cent from 1996 to 2000, Finance Secretary Roberto de Ocampo said in a report yesterday. Gross domestic product, which is GNP excluding income from abroad, is forecast to grow by
        Reuter  -  71 words
      • Article
        Lock icon Mandela's visit to KL put off
        46 6 AFP [KUALA LUMPUR] South African President Nelson Mandela's planned visit to Malaysia this week has been postponed indefinitely, a foreign ministry official saij. Mr Mandela was scheduled to visit Malaysia from today and address the Second South Africa-Malaysia forum. —AFP
        AFP  -  46 words
      • Article
        Lock icon Jakarta moves to regulate Internet
        43 6 AFP [JAKARTA] The Indonesian government and legislators have agreed to include regulation of Internet use in a broadcasting bill currently being debated in parliament, Antara news agency quoted the deputy chairman of a parliamentary commission as saying yesterday.—AfP
        AFP  -  43 words
  • Page 6 Advertisements
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      238 6 |]V* irl!i ~r' ^^B H VTV Yet another tough business decision. With such a wide choice of delicious international food, deciding exactly where to have a business lunch at Clarke Quay is as tough as it is tempting. For reservations, just call J.P. Bastiani Mediterranean Restaurant 433-0156, Thanying 336-1821, Yunnan
      238 words
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  • CHINA-HONOKONG-TAIWAN
    • SINO Briefs
      • Article
        Lock icon China to protect Taiwan investment
        68 7 AFX-ASIA [TAIPEI] A China trade ministry official said the country plans to implement a set of measures to protect Taiwan investments before the end of the year. "The (Chinese) government has approved a law to protect Taiwan investment and is instituting the measures to ensure
        AFX-ASIA  -  68 words
      • Article
        Lock icon HK third-quarter unemployment down
        54 7 Reuter [HONGKONG] Unemployment in Hongkong shrank in the third quarter this year and economists said they expect to see it ease further-Hongkong's Census and Statistics Department yesterday said the unemployment rate for July to September slipped to 2.6 per cent from 2.8 per cent in the
        Reuter  -  54 words
      • Article
        Lock icon 20,000 clash over nuclear plant plan
        39 7 AFP [TAIPEI] More than 20,000 opponents and supporters of a planned multi-billion-dollar nuclear plant were involved in clashes yesterday outside Taiwan's parliament on the day parliament was to debate the contested project. —AFP
        AFP  -  39 words
    • Article
      Lock icon Institutions to manage Taiwan reserves?
      142 7 TAIPEI AFP TAIWAN is considering a proposal to allow domestic and foreign institutions here to manage its huge foreign exchange reserves, as part of liberalisation moves. Economic officials yesterday said the Council for Economic Planning and Development (CEPD) is planning to permit local and foreign
      AFP  -  142 words
    • Article
      Lock icon Securities sector leads Shanghai growth: report
      281 7 SHANGHAI 9-month tvrnover amounts to L 6 trillion yuan, a 309% yearly rise AFP SHANGHAI'S financial sector, with the securities industry blazing the way, has emerged as the big brother of its fledgling tertiary industry, a report said yesterday. The Liberation Daily yesterday cited
      AFP  -  281 words
    • Article
      Lock icon China may give foreign power firms a bigger role
      228 9 BEIJING Govt moiling temporary roles to harness foreign capital Reuter CHINA is planning to issue rules to speed development of its key power sector, with an expanded role for foreign companies, a Chinese planning official said yesterday. Beijing was reviewing rules
      Reuter  -  228 words
    • Article
      Lock icon China's trade surplus widens
      54 9 BEIJING Bloomberg Business News CHINA'S trade surplus widened to US$B.l3 billion (5111.46 billion) in the nine months to September as import growth continued to slump. "Import demand has been extremely weak," said Ma Guonan, Hongkong-based economist with Bankers Trust Co. The surplus in September reached US$3.l3
      Bloomberg Business News  -  54 words
    • Article
      Lock icon US warned not to meddle in Sino-Japan island dispute
      178 9 BEIJING US intervention will complicate regional security, says China Reuter CHINA warned the United States yesterday not to intervene in a dispute between Beijing and Tokyo over a group of islands in the East China Sea. "This is an issue between
      Reuter  -  178 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      148 7 Christofle iff j r JB Pavilion Cnristofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Ochard Road, Singapore *****3. Tel 733 7257. Espace Qristoflr Robinsons 176 Orchard Road, Level 4, Centre point, Singapore *****3. Isetaa Scotts Level 4,350 Orchard Road, Shaw House, Singapore *****8. Tangs Basement, 310 320 Orchard Road,
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      Page 7 Advertisements Column 2
      529 7 A great place to think. For less than you thought. I $5,6491 Pentium 100 MHz BMB RAM 810 MB HDD TFT 4XCD-ROM Windows BMB Lotus The ThinkPad 760 ELD is the affordable answer for highperformance notebook computing. It's perfect for the executive who wants to do presentations on the move,
      529 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      150 9 OMN «TH NOVIMftIR, 1996. WHIN YOU COMI AND STAY WITH US IN SINOARORI, YOU'LL SI IN FOR A LITTLI SURPRISE. 45% OFF OUR DILUXI ROOM ANO SUITI RATIS UNTIL MARCH, 1997. A PIRSONAL MOTH THAT'S CLOSI TO IVIRYTHINO. You're in the heart of Marina Centre and the new Millenia Singapore
      150 words
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      Page 9 Advertisements Column 2
      326 9 Sedona Hotel Yangon welcomes guests with For connoisseurs of fine wining and dining, Here the recreational enthusiast will find a 366 rooms and suites that are perfectly located our four restaurants. Lobby Lounge, Paddy contemporary fitness centre, free form swimming near the city centre and other famous attractions. O'Malley's Bar
      326 words
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  • ASIA
    • Article, Illustration
      Lock icon LDP could win undiluted power in elections: poll
      372 10 TOKYO Stock market applauds sign of returning political stability with 400-pamtjomp Reuier A MAJOR poll forecast for the first time yesterday that Prime Minister Ryutaro Hashimoto's party could win undiluted power in Japan's general elections. The poll's finding after weeks of forecasts
      Reuier  -  372 words
    • Article
      Lock icon S&P affirms New Zealand's credit rating
      81 10 WELLINGTON AFP RATINGS agency Standard and Poor's affirmed New Zealand's credit rating yesterday, while the politician who will determine the outcome of the inconclusive Saturday election appealed for patience from financial markets. The agency said it had affirmed New Zealand's AA-plus foreign currency and
      AFP  -  81 words
    • Article
      Sausage Software stock selling like hot cakes
      267 10  -  SYDNEY By\ Surinder Singh A 23-YEAR-OLD New Zealander, almost broke 18 months ago, on Monday took his net worth to more than Asso million (Sss6 million) when he listed his Internet company on the Australian Stock Exchange (ASX). Melbourne-based Steve Outtrim's Sausage Software
      267 words
  • Page 10 Advertisements
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      179 10 \I" E RV I C E D C^/A PARTMENTS x!S SERVICED APARTMENTS THAT SPELL PARADISE Located at 32 Orange Grove Road, near Shangri-La Hotel and Orchard Road Bp J #*l 1 to 3 bedroom apartments available Fully furnished with split unit J| air-conditioning, fully-equipped kitchen, washing machine/dryer, Housekeeping, linen services,
      179 words
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  • Page 11 Advertisements
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      391 11 Page Link's Businessßadio <ijr ix i# Or jr a Hand-held walkie-talkie Control/despatch For reliable, cost-effective despatch and field communications Singapore Telecom Page Link is the pioneer provider of instances, costly. Like having all your field staff equipped Businessßadio, your nation-wide walkie-talkie service. with handphones when they really only need to
      391 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Clinton must answer Lippo questions: Dole
      297 12 WASHINGTON WtttaHmnaccßied tf trading future illhlMfMf AFP US PRESIDENT Bill Clinton faced mounting pressure on Monday over an alleged improper donation from an Indonesian hanking family to his re-election campaign With the presidential election Just three weeks away, Republican challenger Bob Dole Joined fellow
      AFP  -  297 words
    • Article
      Lock icon Britons forgot to claim £77b
      93 12 LONDON Reuter BRITONS have left unclaimed a staggering £77 billion (*****.8 billion) worth of forgotten fortunes in bank accounts and shares, a market survey showed yesterday. This would be enough to pay the income tax of everyone in the country for a year or release
      Reuter  -  93 words
    • Article
      Lock icon Mugabe defends US$850m deal with Malaysia's YTL
      274 12 LONDON FT PRESIDENT Robert Mugabe has vigorously defended the controversial US$5BO million (SSBIB million) sale of a 51 per cent stake in Zimbabwe's state-owned Hwange power station to a Malaysian company. Under the deal, YTL Corporation, the Malaysian power producer, would invest Zs6
      FT  -  274 words
    • Article
      Lock icon Challenge to WTO investment report
      244 12 GENEVA Reuter THREE key developing countries on Monday challenged the World Trade Organisation Secretariat over a report to be released this week which argues that the controversial issue of rules on foreign investment should be taken up by the WTO. The challenge over investment raised
      Reuter  -  244 words
    • Article
      Lock icon Barings exec wants bonus
      114 12 LONDON Reuter ONE of disgraced rogue trader Nick Leeson's former bosses at Barings is demanding a £500,000 (Ssl.l million) performance bonus, 20 nwintim after the British investment bank collapsed in heavy debts. Mary Wall told a London industrial tribunal on Monday that Barings operated a profitrelated
      Reuter  -  114 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      250 12 T><i*ce "PcLc&aqe a Dinner Dance Package is sure to make your next company or private success. Even with a minimum party of 50, you can enjoy the best from food to music, to gracious hospitality for as little as $40 a person. 0 Now to enjoy our special offer! 4.
      250 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      US Republicans reduced to bashing Asians
      712 13  -  THE BOTTOM LDVE OPINION By Leon Hadar The writer is BT's Washington correspondent UNITED STATES House of Representatives Speaker Newt Gingrich charges that alleged ties between officials of the Clinton administration and Indonesian conglomerate the Lippo Group "make Watergate look like a tea party".
      712 words
    • Article
      IN OTHER WORDS
      108 13 'We are eating our seed corn. If this continues, we will no longer be the nation that is on the cutting edge of new technologies, new products and new markets. For the moment we still are, but that can't last.' Paul M Romer a Stanford economist, deploring
      108 words
    • Article
      A lesson for North-east Asia
      613 13 EDITORIAL WHILE important in itself, the agreement to submit the dispute between Indonesia and Malaysia to the International Court of Justice (ICJ) might prove to be even more significant: it could succeed in setting a precedent for the many overlapping claims that are inherent in
      613 words
    • Article, Illustration
      Lock icon Courage under fire
      1038 13  -  Indonesia's human rights commission wins praise for its independent report on Jnly 27 riots By\ S N Vasuki The writer is BT's Jakarta correspondent THE FINAL report delivered by Indonesia's National Commission on Human Rights on the July 27 riots that rocked Jakarta, while not exactly pleasing
      REUTER  -  1,038 words
    • Article
      WHAT THE OTHERS SAY
      871 13 The East Timor challenge ON Friday, East Timor's Roman Catholic Bishop Carlos Felipe Ximenes Belo and exiled resistance leader Jose Ramos-Horta shared the 1996 Nobel Peace Prize for their efforts to solve the 21-year-old conflict with Indonesia. The Nobel Peace Prize for East Timor has clear
      871 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      32 13 DOOHESBURY By Garry Trudeau soutexs we.&ve.ouß. well,tarn— irf c ooueeo &fHFMe*p RHk we. Guess He <*f** HUMHete, ANcnneßsHor. ww MKHr&veu jo, s [ytAjn KJM? ANPSHeAccepts iGO AT serfBACKW- nt, y /J u
      32 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Birth of a pioneer movement
      590 14  -  Modern S'pore history comes alive in a book about the pioneer of family planning here, says wbbmchapbiamg WEE NGIAP HIANG Recent reports indicate that more and more Singaporeans are aware of the importance of knowing their national history. It is thus timely that we can
      590 words
    • Article
      Constance Goh: a point of light in the sky
      208 14  -  By Wee Ngiap Hiang PROFESSOR Chua Cheng Lok was very young when his Gather was killed by the Japanese and his mother died of heart ailment soon after World War 11. Constance Goh took the 10-year-okl boy under her wing and
      208 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      478 14 I J>&£ investment. The best holiday. I 1 fl I H v *&&s&**'■' s£fe >- HH^w^' I '.-a:: "T7 fcife-^ T 3 3 u 'm BHRPIP* ii L ii RAM m 1 a o §2 lis 1 hr..-^rm v ~loe§^B I: I The ALlamanda Bintan for the bedt I of
      478 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      191 15 Where to wine, dine and entertain EXOTIC Cj KHA^hcsc 7 20 OCTOBER 1996 *f* xi« i mgnugnts. 3 guest chefs from Indonesia I* Daily Traditional Dessert Demonstration Traditional Dance-every evening Lucky Draw-Win a return ticket to Bali and more... Fashion Show-every Friday night Lunch and Dinner at Tanjong Pagar Room
      191 words
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      Page 15 Advertisements Column 2
      105 15 I Our specialty Chefs Pak Bogiono and I Kaler will whip up a smacking array of Sundanese Cuisine. Bianl for Karedok Hspicy Peanut Gravy iFish in Banana Leaf) Hasak Cabe Hijau In with Green Chilli Hjoreng Sukajadi Hen and much more. H 41J f»r XtwnrMiMi. lui aaW Buffet Dimmer. Ifi
      105 words
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      Page 15 Advertisements Column 3
      173 15 pEVERYDAY IS HAPPY day 50%VM OFF V^\ ALL DRINKS Happy Hours Time: 3pm to 8.30pm Live performance by our resident band from 8.30pm. iOV A l -\\ouoak) cucwc piai* sincaknk 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 IkChoiceisaß fours! For a promotion Set Lunch period only,
      173 words
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      Page 15 Advertisements Column 4
      193 15 Home Decor For people who love their homes I (Dragon (Palace I RESTAURANT Hong Kong Tim Sum Buffet <FO<H,rHOS<E WHO SETTLE rOILTWE <B<Esr Mon- Fri $12.80+++ (adult) $7.Bo+++ (cftild) Sat, Sun e£ <Pu66c "Hobday $13.80+++ (adult) $7.Bo+++ (chU) PJ For reterratioa, call *****11 *****70 11 115 Pcnang Road Slagapore *****4
      193 words
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      Page 15 Advertisements Column 5
      133 15 Esr| Dian Xin Restaurant At The Neptune on Shenton Way i Dian Xin/Lunch ,<5 j ®<4hSS 7TH FLOOR. OVERSEAS UNION HOUSE. COILYER QUAY. SMGATORE *****1 TEL; 224 3922 I Fr*n WII oef*er,y«» cm fetag DucV tor $11.19 whlc h-J* «>«♦-$ I I.IR /M Vy f-«yi«g maH«er $lft y«t cm Ue
      133 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      742 15 TV&RAPIO LOO PM The Winners. Thunder Alley. 1100 NN News. LSO Money, 400 The Bill. PM Berita CNBC LOO The Money gM Sell-A-Vision L3O TV Innovations. UO TV Innovations. Teater Asean Ayu and 130 Pound Puppies. «JM> AM Charlie Brown Spe- 3JO Simfoni Kasih. 4.00 Funny Friends. clal Package 3.
      742 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      242 15 CBTPTIC CROSSWORD ACROSS j ™""t 1 Henry and I excel, despite 1 1 I I I f_ I f disadvantage (8) 5 Composer takes girl to America (6) I J J I f 8 Come back to soak large tea LmJ—9 Was demeaned by a ruined 10 I I I
      242 words
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      Page 16 Advertisements Column 1
      303 16 You need a strong partnership to master the elements I'tlflffi 11, mmiiwhi >!<■ r T-I 4 JHI 1 *nE£L ~i W^S^^Hj- r vfjSp. v.T WJl^^^^^^Hm^^Hl^vi. IBWi^BBr i i w-v i. a^^ff^Hßy^^^BSfthjfiS^- <* -~r 'trr T&fcAftlfrjiilWf >* lfl|(ißßnPy t J »k-N5 L -.T ~.r If jJ ,-f^y^Bitf' l w '->? 2n^-^
      303 words
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  • COMPANIES & MARKETS
    • Article
      Comfort confirms securing scooter franchise
      215 17  -  By i Christopher Tan [SINGAPORE] Listed Comfort Group has formed a fullyowned subsidiary to import and distribute Piaggio scooters, confirming a BT report yesterday that it had secured the new franchise. Comfort Eurobike, set up with an authorised share capital of $5 million, will be
      215 words
    • Article
      CM Telecom IPO subscribed by more than 3 times
      352 17  -  First listing on Foreign Board gets better-th&n-expected response By. Diana Oon [SINGAPORE] Investors' response to the initial public offer of CM Telecom International, the first listing on the stock exchange's Foreign Board, was stronger than expected. Vickers Ballas vice-presi-dent Steven Chong
      352 words
    • Article
      Tuan Sing buys tyre company
      202 17 [SINGAPORE] Tuan Siiig Holdings has bought a tyre retreading company to boost its trading business. The mainboard-listed company said yesterday that it paid $6.6 million for Singapore Bandag (Pte) Ltd, which comes with a subsidiary in Malaysia called Performance Retreads Sdn Bhd. Tuan Sing is
      202 words
    • Article
      Prima ropes in Koreans for Viet project
      375 17  -  Plans for USsloom three-factory complex venture with LG Gronp and Yiets By] Harish Mehta in Hanoi UNDETERRED by a four-year delay to its plan to build a flour mill in Vietnam, Prima Ltd has set its sights on bigger things: it has teamed
      375 words
    • Article, Illustration
      Ossia's listing plans do not include World of Sports
      283 17  -  By, Jenny Lam [SINGAPORE] Home-grown footwear, fashion and sporting goods distributor Ossia International, which has applied to list on the main board of the local bourse, will not include the retail business of sister company World of Sports in the listing.
      283 words
    • Article
      Roly ties up with Blockbuster
      202 17 [SINGAPORE] US-based Roly International, which was listed here this year, has signed a joint venture agreement with US entertainment group Blockbuster to identify expansion opportunities in Asia for the development of Blockbuster stores. They are also finalising a separate agreement in which Roly will provide
      202 words
    • Article, Illustration
      Tibs to expand taxi fleet in China
      403 17  -  Plan to invest another 11m renminbi in joint venture in Jinan By' Teh Hooi Ling in Jinan TRANSPORT-based company Tibs Holdings, which currently has a joint venture operating 126 taxis here, plans to expand its fleet to 500 next year. The long-term plan
      403 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Samanda proposes to buy 11 timber-based firms for M$837.5m
        458 18 WTK Group will become S&mand&'s major shareholder Bernama [KUALA LUMPUR] Samanda Holdings Bhd has proposed to acquire 11 timber-based companies for M 5837.51 million (*****.38 million), It was announced yesterday. The purchase price for Cairfield Sdn Bhd, Gopoint Sdn Bhd, Sarawak
        Bernama  -  458 words
      • Article
        Page Link unveils 4th radio network
        321 18  -  ST Advanced Radio also launching its network soon By t Audrey Tan [SINGAPORE] Singapore Telecom Page Link unveiled its fourth public trunked radio network yesterday. Costing $5 million, it expands Page Link's trunked radio user capacity by more than 50 per cent to 16,000.
        321 words
      • Article
        Lock icon 8% profit rise for Malaysian Int'l Merchant Bankers
        113 18 Bernama [KUALA LUMPUR] Malaysian International Merchant Bankers Bhd (Mimb) recorded a pre-tax profit of M 534.1 million (5519.4 million) for the financial year ended March 31, 1996, for an 8 per cent increase over the previous year. In a statement yesterday, Mimb
        Bernama  -  113 words
      • Article
        Lock icon Blackout: M$13.6m losses for Tenaga
        157 18 Bernama [KUALA LUMPUR] Tenaga Nasional Berhad incurred losses amounting to M 513.6 million (557.75 million) following the Aug 3 peninsula-wide blackout, the Dewan Rakyat was told yesterday. Energy, Telecommunications and Posts Minister Datuk Leo Moggie said that damage of equipment amounted to Mslo million. The
        Bernama  -  157 words
      • Article
        Lock icon Utusan to dispose 30% stake in Malaysian TV firm
        294 18 Firm to book an extraordinary gain of M522.7m AFP [KUALA LUMPUR] Utusan Melayu (M) Bhd is to dispose of its 30 per cent stake in Malaysia's second private television company for M 523.4 million (5513.3 million), media officials said yesterday. Malaysia's
        AFP  -  294 words
      • Article
        Lock icon Ayala Corp acquires 7 million BPI shares
        134 18 AFX-Asia [MANILA] Ayala Corp said it has acquired seven million Bank of Philippine Islands shares from the Roman Catholic Church at 120 pesos per share. "The sale of the shares, which represent a 1.14 per cent stake in BPI, was crossed on Tuesday
        AFX-Asia  -  134 words
      • Article
        New MSCI indices to be launched early next year
        189 18  -  By\ Shiv Taneja [SINGAPORE] New Morgan Stanley Capital International (MSCI) free indices for Malaysia, Indonesia and Thailand are expected to be launched in the First quarter of 1997, Gene-va-based Capital International Perspectives SA (CIP) said yesterday. The MSCI free series of
        189 words
      • Article, Illustration
        Lock icon Sampoerna may cut Astra stake
        362 18 AFP [JAKARTA] Cigarette tycoon Putera Sampoerna is expected to agree to an approach to sell part of his 25 per cent holding in leading automobile maker PT Astra International, a report said yesterday. Mr Sampoerna would maintain a stake of not more than 10 per
        AFP  -  362 words
      • COMPANY Briefs
        • Article
          Wah String boys 11.97m Pricerite shares
          68 18 [SINGAPORE] Toy manufacturer Wah Shing yesterday bought 11.97 million Pricerite Group shares for about HKJ12.68 million (552.3 million). This raises its stake in Pricerite to 10.55 per cent. Wah Shing bought 9.1 million shares on Oct 3. Both purchases were done through subsidiary Man
          68 words
        • Article
          Kim Eng raises capital of subsidiary
          45 18 [SINGAPORE] Kim Eng Holdings has raised the capital of subsidiary, Kim Eng Properties Pte Ltd, to $8 million from $2. The company said yesterday that it had taken up an allotment of nearly eight million shares of $1 each.
          45 words
        • Article
          CSA raises stake in Integral to 77%
          54 18 [SINGAPORE] CSA Holdings has raised its stake in Integral, which comprises three closed end funds, to 77 per cent from 51 per cent. The increase cost the company US$B.55 million (Ssl2 million). CSA said the move was not expected to affect its performance
          54 words
        • Article
          Armstrong buys 30% stake in NT Vision
          52 18 [SINGAPORE] Armstrong Industrial Corporation has bought a 30 per cent stake in NT Vision Pte Ltd, a precision tool maker, for 1967,000. The company yesterday said it was alloted 80,572 NT Vision shares. It is expected to help Armstrong build up its scope
          52 words
        • Article
          Datacraft Asia director sells shares
          40 18 [SINGAPORE] Datacraft Asia director Derek Althorp has sold 500,000 Datacraft shares at US$l.l7 each. Hie sale leaves him with 7.4 million shares, or 4 per cent of the company, down from 4.27 per cent previously.
          40 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Analysts expect India to cut rates this week
        261 19 Reuter [BOMBAY] India's upcoming monetary policy announcement is expected to drive down interest rates and cheer up stock markets, but a sharp rally is unlikely as first-half company results begin to roll in, analysts said yesterday. They said the Reserve Bank of
        Reuter  -  261 words
      • Article, Illustration
        Lock icon Murdoch unveils pay TV sports drive
        489 19 Plans to use sports as 'battering ram'to dominate global pay TV markets Reuter [ADELAIDE] Media mogul Rupert Murdoch said yesterday he intended to use sports broadcasting rights as a "battering ram" for dominance of pay television markets in Asia and throughout the world. He
        Reuter; REUTER  -  489 words
      • Article
        Lock icon Korea gives nod to 5 foreign contractors
        302 19 Move allows them a slice of 70 trillion won a year market Bloomberg Business News [SEOUL] The government has awarded the first construction licences to foreign companies, paving the way for foreign contractors to tap into South Korea's burgeoning construction market, estimated to
        Bloomberg Business News  -  302 words
      • Article
        Lock icon Citicorp Q3 earnings rise 7%
        398 19 34% increase in corporate banking profit offset by higher credit card losses Bloomberg Business News [NEW YORK] Citicorp said its third-quarter profit from operations rose 7 per cent, as a surge in corporate banking profits offset higher credit card losses. The nation's second-largest bank said
        Bloomberg Business News  -  398 words
      • Article
        Lock icon Star TV to show 5 channels on KL satellite service
        235 19 Programmes to start running in December on Astro service Bloomberg Business News (KUALA LUMPUR) Star Television Ltd, the Asian satellite broadcasting arm of Rupert Murdoch's News Corp, will show five of its channels on Malaysia's first satellite pay television service.
        Bloomberg Business News  -  235 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Coca-Cola's Q3 earnings up 14% to US$912m
        145 20 Bloomberg Business News [ATLANTA] Coca-Cola Co said third-quarter earnings rose 14 per cent, even though cold weather in Europe hurt sales of the company's soft drinks and juices. The world's largest softdrink maker said profit from operations rose to US$9l2 million (551.29 billion),
        Bloomberg Business News  -  145 words
      • Article, Illustration
        Lock icon Intel beats forecasts with Q3 profit soaring 41%
        339 20 Earnings of USsl.3b on improved margins a good sign for electronics industry NYT [SAN FRANCISCO] Intel Corp. buoyed by strong demand from PC makers for its microprocessor chips, reported third-quarter earnings that greatly exceeded the already sanguine expectations of Wall Street. Although
        NYT; Source: Bloomberg  -  339 words
      • Article
        Lock icon TI to cut costs after US$148m 3rd-qtr loss
        364 20 Hit by slump in chip prices, it will offer early retirement to MOO employees Reuter [DALLAS] Texas Instruments Inc, battered by plunging prices for computer memory chips, said yesterday it lost US$l4B million (*****.7 million) in the third quarter and will offer
        Reuter  -  364 words
      • Article
        Lock icon Chrysler reports unexpected boom
        256 20 92% jump in 3rd-qtr earnings boost shares of US automaker FT, Bloomberg usiness News [NEW YORK] US automaker Chrysler turned in unexpectedly strong sales during the summer, setting it on track this year to equal the US$3.6 billion (Sss billion) after-tax earnings it recorded in 1994.
        FT,; Bloomberg usiness News  -  256 words
      • Article
        Lock icon Dow closes above 6,000
        204 20 Bloomberg Business News [NEW YORK] US stocks began the seventh year of history's longest bull market with a surge that pushed the Dow Jones Industrial Average to its first close above 6,000 on Monday. Unexpectedly strong profits from an array of companies ignited the advance. Car
        Bloomberg Business News  -  204 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Travelers' Q3 earnings up 28% to US$576m
        388 21 Surging market, record mergers boost result of brokerage unit Smith Barney Bloomberg Business News [NEW YORK] Travelers Group Inc said third-quarter earnings jumped 28 per cent from surging profit at its Smith Barney Inc brokerage and property and casualty insurance business. The company
        Bloomberg Business News  -  388 words
      • SMALL Change
        • Article
          Lock icon Barclays to merge 2 fund businesses
          64 21 Reuter [LONDON] British banking giant Barclays pic said yesterday it was merging its two fund management businesses into a San Francisco-headquartered firm called Barclays Global Investors. The integration of BZW Barclays Global Investors and BZW Investment Management under one management will unify the investment
          Reuter  -  64 words
        • Article
          Lock icon Lloyd's considers suing US Names
          72 21 Reuter [LONDON] Lloyd's of London insurance market is considering taking legal action against investors in the US who have not accepted its £3.2 billion (Ss7 billion) settlement package, a Lloyd's spokesman said on Monday. But the insurance market may wait until November before issuing writs
          Reuter  -  72 words
        • Article
          Lock icon Deutsche denies plan to close branches
          72 21 Reuter [FRANKFURT] Deutsche Bank yesterday said it had no plans to close half of its main branch offices, but was mulling a restructuring of its entire branch system. A Deutsche Bank spokesman yesterday denied a report in Monday's edition of the Handelsblatt newspaper saying
          Reuter  -  72 words
      • Article
        Lock icon Inchcape takes £195m loss on sale of unit
        243 21 Reuter [LONDON] International distribution group Inchcape pic said yesterday it has agreed to sell its insurance broking unit, Bain Hogg Group pic, to US group Aon Corp for £160 million (***** million) cash. It also saw an exceptional loss of about £195
        Reuter  -  243 words
      • Article, Illustration
        Lock icon Finnish markka joins ERM
        61 21 Dealers at the Post bank here following changes of the market on Monday after the Finnish markka was linked to Europe 's Exchange Rate Mechanism (ERM) after talks in Brussels on Saturday. Finnish markets responded calmly to the new link with the markka steady, bonds firmer
        REUTER  -  61 words
      • Article
        Lock icon Higher fees and lending buoy US banks' profits
        314 21 Contribution* to revamped federal thrift insurance pool ate into bottom line Bloomberg Business News [NEW YORK] Three big US banks, including First Union Corp, said third-quarter profits were buoyed by higher fees and lending, though the cost of contributions to a revamped
        Bloomberg Business News  -  314 words
      • Article
        Lock icon Chase sees key role for US banks in Asia's growth
        243 21 Bloomberg Business News [HONGKONG) US banks would continue to play a key role in Asia's growth, helping to move capital between Asia and the Americas and among Asian countries, a Chase Manhattan Bank executive said yesterday. "The American banks are
        Bloomberg Business News  -  243 words
      • Article
        Lock icon US group to pay US$100m fine
        374 22 Grain processing firm ADM agrees topleadgnilty to price-fixing charges FT [CHICAGO] Archer Daniels Midland (ADM) of the US has agreed to plead guilty to pricefixing charges and pay US$lOO million (Ssl4l million) in fines thought to be one of the largest penalties in a
        FT  -  374 words
      • Article, Illustration
        Lock icon Goldman selling Sumitomo contracts
        240 22 AFP [LONDON] Goldman Sachs, the American merchant bank, said on Monday that it has been selling copper contracts held by the disgraced trading house Sumitomo Corporation. The bank refused to put a value on copper contracts which its commodities dealing arm, Aaron, had sold on behalf
        AFP  -  240 words
      • Article
        Lock icon Kleinwort in talks to buy London Eurobond firm
        259 22 Dresdner to shift bond business centre from Frankfort Bloomberg Business News [LONDON] Dresdner Bank AG yesterday said its merchant banking subsidiary, Kleinwort Benson, is in talks to buy London-based Eurobond firm Luthy Baillie Dowsett Pethick Co (LBDP) for an undisclosed price. LBDP
        Bloomberg Business News  -  259 words
      • Article
        Lock icon Mitsui gains control over Indian iron ore finn
        166 22 AFP [TOKYO] Japanese trading house Mitsui and Co Ltd has taken a 51 per cent stake in Sesa Goa Ltd for an undisclosed amount, gaining effective control over the third largest iron ore miner in India, a Mitsui official said. Mitsui bought
        AFP  -  166 words
      • Article
        Lock icon Euroyen listless in extended trading
        232 22 SOKEXReport Reuter [SINGAPORE) Japanese short-term interest rate futures made an unexciting start to their new extended trading schedule on Simex yesterday, with activity confined to a three-tick range. Simex extended trading hours for Euroyen futures and options by one hour to 1205 GMT with effect
        Reuter  -  232 words
      • Article
        Lock icon CURRENCY REPORT
        157 22 Reuter, AFP London HAVING snoozed in tight ranges through the first half of this month, the dollar raUied to a 33-month high against the yen and a four-month high against the mark. Buoyant US stock and bond markets fostered further gains in global asset markets and allowed the
        Reuter,; AFP  -  157 words
      • Article
        Lock icon Oil prices near six-year highs
        310 22 ENERGY REPORT Reuter [LONDON] Buoyant world oil prices opened near six-year highs yesterday after resuming on Monday the storming bull run which has pushed crude values up 40 per cent in the last four months. November North Sea Brent crude traded down three US cents
        Reuter  -  310 words
      • Article
        Lock icon Sicom revises delivery terms of TSR20 rubber futures contract
        285 22 Mew contract to trade on FOB terms; denomination to be changed to US dollars AFP [SINGAPORE] The Singapore Commodity Exchange (Sicom) has revised the delivery terms of its most popular rubber futures contract, TSR2O. The contract's denomination was also changed to
        AFP  -  285 words
      • Article, Illustration
        Untitled
        1389 22 mTHEBAMg CROSS RATES q*j5 AS C3 f» ECU Ffr 9m m Yaa mm Wj MZSHfcH M> S> —i Sfr 8T$ 8*t Hmt US$ Australia 1071 6.178 0.632 4.105 1213 6.122 28.231 *.371 0.887 6.567 1*2 1.136 ***** ***** l«7 159! 0.996 ***** 20.159 0.500 0 792 Caaatfa 0.933 6.149 0.590
        1,389 words
    • Article
      COMMODITY PRICES
      1745 23 8IC0M FUTURES oc tI5 RUS8CR (Mures dosing «s«t S~30pm) RSS1 CONTRACTS cwrtsAg) Close Votamo Open Njljj Low Sett (tows) Interest "o» 174.75 775 D* 176.75 1875 Jan 97 179.00 179.00 180.00 100 1850 Fefe 97 179.00 179.00 180.75 100 2250 Mar 97 179.00 179.00 181.50 100 1850 Apr/Jon
      1,745 words
    • Article
      Lock icon TOKYO
      1688 23 Reuter P Nikkei 225 +***** STOCKS surged yesterday, pushed by new record highs on Wall Street overnight as well as speculation that the Liberal Democratic Party (LDP) may win a majority in the Lower House of Parliament in Japan's general election on Sunday, brokers said. The 225-share Nikkei Average
      Reuter  -  1,688 words
    • Article
      WORLD STOCK MARKETS
      2350 23 LONDON MntrWs Otis Nki AB Ports 275 .600 AMay National 615.400 7 AlUad Domacq 457 6.600 AffMC 108.400 uncti Asda Croup H0.600 .200 BAT ind 450 .600 S4CC 296.400 unci) BOC Croup 877.400 B.400 BR PvtroMum 684 -11.400 8TW 265.400 3.800 Bank of Scotland 273 -6 Barclays
      2,350 words
    • Article, Illustration
      Lock icon HONGKONG
      1621 24 AFP MHjutfSen* *16(136 SHARE prices soared to a record close yesterday for the third time in a week as overseas investors showed their confidence in the British territory's future, analysts said. As Hongkong prepares to return to Chinese rule in July next year, analysts said confidence in China's economy
      AFP  -  1,621 words
    • Article, Illustration
      Lock icon CHINA
      611 24 Reuter Shire Index -ML3I SHANGHAI B shares ended up yesterday on institutional buying, but market sentiment was little changed, brokers said. The index rose 0.31 point to 48.90 on volume of 9.3 million shares worth US$3.2 million. Brokers said institutional speculative buying of selective stocks ahead of the close
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  611 words
    • Article
      Lock icon TAIPEI
      400 24 AFP □WPlaJm -10J3 SHARE prices finished 0.2 per cent lower yesterday as most investors stayed away from the lacklustre market. "Most investors were sidelined due to the lack of fresh incentives in the broader market and some of them shifted their capital to the booming over-the-counter market," said a
      AFP  -  400 words
    • Article
      Lock icon WELLINGTON
      272 24 Reuter UJ Wellington +57.19 The share market rose 57.19 points to close at a new 32month high of 2,321.66 yesterday after weaker-than-expec-ted CPI data prompted one of the largest rallies equities have seen this year. Reuter Mil i mm AN2 Banking 8.42 *0.t7 ***** Atfvantagas Httgs US 0.03 *****
      Reuter  -  272 words
    • Article, Illustration
      Lock icon BANGKOK
      837 24 AFP n SET Meg -12J6 SHARE prices fell 1.4 per cent to a three-year low yesterday as investors sold banking and finance shares, analysts said. The SET Index fell 12.96 points to 905.34, its lowest close since July 1993. Turnover was 83.8 million shares worth 4.6 billion baht. Falls
      AFP  -  837 words
    • Article
      Lock icon SEOUL
      389 24 AFP P Composite liic -13J7 SHARE prices closed 1.6 per cent lower yesterday, as a wave of profit-taking orders emerged after the recent sharp gains, brokers said. "Today's consolidation came as a relief. I think any consolidation will be moderate," a broker said. The Composite Index slid 13.67 points
      AFP  -  389 words
    • Article
      Lock icon SYDNEY
      610 24 AFP H*HOrth«riM +u SHARES set their second consecutive record close yesterday but the advance was a small one after sellers emerged in afternoon trade. "The market just seems to be overbought, there's a lack of buying to drive it higher," a trader said after the close. The All Ordinaries
      AFP  -  610 words
    • Article, Illustration
      Lock icon JAKARTA
      755 24 AFP J Composite Index -13> SHARE prices closed lower yesterday in quiet trade with most investors sidelined despite a record-breaking performance on Wall Street. "The market was weak, there was little incentive to get in so we failed to follow New York's rebound. It was also time to take
      AFP  -  755 words
    • Article
      Lock icon MANILA
      326 24 AFP ifamU -8.43 SHARE prices closed 0.3 per cent lower yesterday as foreign investors sold property issues. The PSE Composite Index fell 8.43 points to 2,927.43. Turnover was 12.6 billion shares worth 2.8 billion pesos. Ayala Land Inc rose 50 centavos to 26.50 pesos. Petron Corp fell 20 centavos
      AFP  -  326 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares up on institutional buying
        8140 25 AFX-Asia Fl Composite Index +7.55 SHARE prices closed higher yesterday, with institutional purchases of selected blue chips pushing the index into positive territory in the afternoon. Dealers said the second board index, which underwent a major technical correction last month, breached resistance at 600 points,
        AFX-Asia  -  8,140 words
    • WARRANTS & OPTIONS
      • Article
        Clipsal wrts trading at a discount
        3349 26  -  WARRANT WATCH -By Paul Leo THE Clipsal Industries warrant was among the top gainers on the local exchange yesterday, rising seven US cents to 95 US cents with 224,000 units done. Its underlying share rose 10 US cents to US$3.O6 after 302,000 shares changed
        3,349 words
    • Article
      CLOB INTERNATIONAL
      2170 26 MALAYSIAN STOCKS Or Or 1 if* Y« Our Laat Quota Mv Mv VN M M Cap HN» L— Stna Company Ub room MH> L— fc.gr l«Hr Cw P/I $«il 3*0 m SS2* ■*22cj < 5 424 420 420 430 53 4.9 OJ 88J 432.9 •.S M0e50c ®Sf *03
      2,170 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1238 27 TURNOVER COOO) VALUE COOO) M«<n cit r«t«i mn ctt T»m 19,221 9,325 28.546 59,683 19.452 79,135 EE* 3.2O0 2.395 5.595 39,616 4,801 44.417 tyy*.. «97 225 1.122 2,413 409 2,822 4.461 5,373 9.834 27.529 7.M6 35.415 !?y t ton 544 544 1,371 U71 7' fUn fl 248 248 655 655
        1,238 words
      • Article
        MAIN BOARD
        4595 27 Cr Gr M Wt •9M Last Ve4 Day Last Ouot« Otv Mv YM Met Ca» A«« High Law StNo Company Sale COOP) High Law Buy** Sailer Cw y/t $mM Price INDUSTRIALS 5146 ASENT$10 200. US- •000 900 ASF US$0.***** US900 950 90.0 214 165 1258 AcarSOc US177 -2
        4,595 words
      • Article
        SESDAQ
        974 27 Or fir M Wt 19*6 Last Vai Day Last Owtt Mv M> W M Cap Av* mn» l— «w ci»>i«y «n» fooot m>» l— m*r* urnm cw ph $3i phc» 289 135 a 2000 A BR HMas St 161 unch 4 161 161 161 162 3.0 142 0.1 KXJ.6
        974 words
      • Article, Illustration
        HOT STOCK
        61 28  -  -If I Paul Leo CLIPSAL INDUSTRIES broke above resistance at U552.96 yesterday and could head towards this years high of USS3J& However, investors are advised to take profit on any further rise as at yesterday* dosing of US$3.O6, Relative Strength Indices are in overbought territory and Average Directional
        61 words
      • Article, Illustration
        Shares stage rebound after three days of heavy losses
        858 28  -  STOCK MARKET COMMENTARY STII recovers 14.9 points bat volume was thin; property counters benefit most from the recovery By Paul Leo [SINGAPORE] Local shares rebounded yesterday on thin volume after three days of heavy losses. The Straits Times Industrials Index was
        858 words
      • ON THE GRAPEVINE
        • Article
          A matter of bread-and-butter
          99 28 A SENIOR stockbroker let out a sigh of relief when he was told that Finance Minister Richard Hu did not say anything about cutting brokerage commissions in his speech delivered in conjunction with the launching of the BT-Singapore Regional Index yesterday. Some market investors voice the
          99 words
        • Article
          Oh dear, it's a committee
          94 28 ONE observer when told that a new unit trust set up to invest in constituent stocks of the BT-SRI will be managed by a committee instead of a fund manager, has this to say: "Oh dear, it sounds like another GE Life." GE Life's funds
          94 words
        • Article
          The candidate
          124 28 IT WAS a weird cast who turned up to sign up for the Chief Executive electibn in Hongkong. Of the eight hopefuls who showed up on the first day, half were turned away. One hopeful described himself as a "zebra", an obvious reference to comments by the Director
          124 words
        • Article
          The Malaysian Will Street
          88 28 IN RESPONSE to the Dow Jones Industrial Average's first ever close abdve 6,000 points on Monday and the Kuala Lumpur Stock Exchange's Second Board Index's attempt to regain 600, a market wit quipped: "It was preordained. The two markets are closely linked. When the Dow fell
          88 words
        • Article
          Not all are equal on the Second Board
          101 28 AND while the going is good at the KL Second Board, a broking friend told us that not all are equal among syndicates buying KL Second Board stocks. Apparently, some syndicates are snooty and will pooh-pooh competing syndicates. When told about the
          101 words
        • Article
          Musical chairs
          67 28 BROKING sources say Corrina Lim has tendered her resignation as regional petrochemical analyst at Deutsche-Morgan. Word is that she is sitting on a couple of offers, one of which is to head James Capel's research team in Thailand. Meanwhile, a little bird told us that OCBC's head of
          67 words
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      Page 17 Advertisements Column 1
      118 17 m KsSvi J^MK| Mfc bh A company's strength lies in the Backbone of its staff. A flB 1 i 1 /Ae secret of the Gamma work more comfortably with the PA 3870 lies in its point syn- PA 3870 f and most certainly chronisnd technology with improve your seated posture.
      118 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      107 18 The global expert in food and agribusiness banking. Rabobank Nederland is proud to present the first food and agribusiness conference in South East Asia. Experts and top executives of food and agribusiness corporations from 20 countries will meet in Singapore this week to examine the industry outlook q a a
      107 words
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      Page 18 Advertisements Column 2
      118 18 SALE BY OFFICIAL ASSIGNEE DEVELOPMENT SITES ROCHDALE ROAD, Dl 9 PROPERTY 1: NOS. 1 TOll (ODO NO.) 15,17 A 19 Land with 5 adjoining units of 2-storey buildings Area: 9,351 sq ft; Built-in: 13,687 sq ft PROPERTY 2: NOS. 2 to 14 (EVEN NOS.), 14A LOT 256 MK23 Land with
      118 words
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      21 19 COMMERCIAL 1 "3 "J DEPARTMENT 1000 1 6 Unities Oua\ *2 4 >-0 I Mon<» l.cnii<> liiiil(lin«>. Singapore 04X5X1 la\: 2245N4^
      21 words
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      Page 19 Advertisements Column 2
      220 19 HERE'S PROFIT FOR YOU Are you intending to move into the Region? Vietnam, Myanmar, Cambodia, Laos, Thailand, Sumatra, Java, Sulawesi, East Malaysia West Malaysia, Philippines, Brunei, South Africa, Sri Lanka, Bangladesh. LEASING? DISTRIBUTION? JOINT VENTURE? CONTACT S.E. EQUIPMENT CO. PTE LTD Member: World Trade Centre Club, Singapore; Asia Pacific Countertrade
      220 words
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      186 20 Results of tender for taxable book-entry Government Bond 1996 duel July 1998 to be issued on 17 October 1996 W Tenor approx. 2 years v■ t Amount Offered Allotted *****,000,000 Amount Applied *****,200,000 Interest/Coupon Rate 1.250% p.a. sfv/ Average Yield Price on Allotment 2.34% p.a. and 98.553% Cut-off Yield and
      186 words
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      Page 21 Advertisements Column 1
      136 21 m sring Presence jing's Central gss District TOWER. AN INVESTMENT OPPORTUNITY YOU CAN'T MISS. located in hear! of Prestigious 22-storey development: Prime Tower is developed bv two istrict the junction of 19 levels of office space, 2 levels of »ui a i n Road East Chaoyang- shopping arcade and 3
      136 words
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      243 22 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 I Kay Hian Private Limited H Member of the Stock Exchange of Singapore Limited I are a leading stockbroking firm and we wish to appoint a few dynamic professionals to the position of: H f SENIOR INVESTMENT 1 I ANALYST J H
      243 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      143 24 WORLD BUSINESS CLASS I'm in a business where time is of the essence. So the global network of Northwest Airlines and KLM is perfect for me, because wherever in the world I want to go they're "From here to Tokyo to .j|y lherc to take me In the US, Northwest's
      143 words
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      Page 25 Advertisements Column 1
      66 25 For real- time stock information, call QuickStocT] on 1900-913-0003 at 30 cents a minute. SSErSXSSr n, 1 1 i t 1 i IK.ri 5 ll—M \VM growing trading room furniture supplier. otocK numbers are available in the stock pages of i Whatever your requirement, we can help and support to
      66 words
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      Page 26 Advertisements Column 1
      111 26 HWhy wear readymade shirts made for the average body? At CYC, every shirt is skilfully crafted for your body giving you just the right 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 fabrics
      111 words
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      Page 27 Advertisements Column 1
      22 27 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL: 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL: 235 2534,
      22 words
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      Page 27 Advertisements Column 2
      27 27 FREE! If you Have found, something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. |ca.ta| Anothf Cl—fflMrt SmrAom
      27 words
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      Page 28 Advertisements Column 1
      423 28 BUSINESS Notices I" \i> \i k mm: c\ i i i 111 I.lu i i IS 00 -7 41 IS S.J IWOTICEI United Coconut Planters Bank US$5O Million Negotiable Floating Rate Certificates of Deposit due in April 1997 In accordance with the provisions of the Certificates of Deposit, notice is
      423 words
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      Page 28 Advertisements Column 2
      315 28 NOTICE IS HEREBY GIVEN that, I Lim Thian Meng of Blk 128 #15-833 Lor. 1 Toa Payoh Singapore *****8, have applied for a Retail Beer Shop in respect of M/s Kia Kia Enterprise located at 85 Lavender Street, Singapore *****6, and that this application will be considered by the Liquors
      315 words
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      Page 28 Advertisements Column 3
      275 28 NOTICE IS HEREBY GIVEN that, I Ong Kim Lian of Blk 114 Hougang Ave 1 #04-1304 Singapore *****4, have applied for a Ist Class (Extended) in respect of M/s Kemp's Catering Services Pte Ltd located at NTUC Club (SW) c/oTrade Union Annexe Shenton Way, Singapore *****0, and that this application
      275 words
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      Page 28 Advertisements Column 4
      417 28 J START YOUR CAREER HERE I CHECK OUT THE STRAITS TIMES CLASSIFIED EMPLOYMENT PAGES |oSi| THE COMPANIES ACT, CAP. SO MERC/NOR SHIP MANAGEMENT PTE LTD (In Voluntary Winding-up) m in txmorowy btnwii Meet>og of the ebovenamed Compeny held on the 1M day of October 1996. tin following Special Resolution was
      417 words
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      Page 28 Advertisements Column 5
      334 28 THE COMPANIES ACT, CAP. SO WENDELL OFFSHORE (SINGAPORE) PTE LTD (In Voluntary Windtng-Up) As M CvfMAMIbMAj Mantxtraoroinary i*nem Meeting of the abovenamed Company held on the 10th day of October 1996, the following Special Resolution was duly passed THAT the Compeny be wound up voluntarily pursuant to Section 290(1 Kb)
      334 words
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      Page 28 Advertisements Column 6
      353 28 IN THE MATTER OF THE COMPANIES ACT. CAT. SO Awl IN THE MATTER OF HOME CREATION PTE LTD fl« "llllMJ SHAREHOLDERS- VOLUNTARY WINDING UP Ai an Extraordinary General Meeting of the shareholders of Howe Creation Pie Lid duly convened snd held at 90 Jalaa Sultan #11-07. lain Sultan Cenhe. Singapore
      353 words
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      Page 28 Advertisements Column 7
      331 28 M THB MATTBt OP THI COMMUNIS ACT, CHAPTER 80 MEMBERS' VOLUNTARY UOtNOATION At an Exraordfrwy Genenl Macting of tha Company doomed to be hold MlO Oo8y«r Quay, IIMI Ooaan BuUn| Singapore *****8 on II October 1906, the NhaNi naoiugom win duly prntd1. SPECIAL RESOLUTION That the Company bo wound up
      331 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      301 29 Bridge News, Reuter TRADING was very quiet with little of note emerging, although brokers said there was some business being conducted very quietly, t In the handy sizes, Cargill was said to have Covered 36,000 tonnes of fertilizer from Tampa to Pakistan at U5529.60 with the Marine Hawk.
      Bridge News,; Reuter  -  301 words
    • Article
      MARITIME STOCKS
      208 29 •__J±__JSL WrMhn LOI -OOl 2M Hw OlM «OJ» H Bfcl—I -.141 UKX 42 •ftu est «0» 231 t>HI»H.HH OM wd» 2 -OOI 140 Hmmmzmm ooi *ooi rt —mkmo *r»nii*m \A mm* n UllWMttfcWrt-mo *OJO m «l20 until Ml Cmci 147 *OM I MX. MO -OOI Ml 'l»ll| WW»I
      208 words
    • Article
      Freight Links moving into heavy equipment sector
      366 29  -  FLEH subsidiary in conditional subscription agreement to buy 70% of Piow Hong By. Felix Chan [SINGAPORE] Sesdaq-listed logistics group Freight Links Express Holdings (FLEH) is moving into the heavy equipment sector with the planned acquisition of Piow Hong (Pte) Ltd. FLEH, through its
      366 words
    • Article
      Carriers will have to battle against ever declining freight rates
      749 29  -  STRAIT TALK By Seafarer SHIPPING is a ftinny old business, mainly in the peculiar, rather than ha-ha, sense. As Londonbased shipbroker EA Gibson noted in its most recent weekly report: "It beggars belief that a large industry such as shipping,
      749 words
    • Article
      Lock icon Indian port development fund proposed
      160 29 Business Line [CALCUTTA] A cross section of industry, exporters, shippers and port authorities have suggested the creation of a dedicated port development fund for Indian ports. The proposed fund would dovetail with the government's avowed intention to invest more in upgrading the country's infrastructure facilities,
      Business Line  -  160 words
    • Article
      Star Cruise to set up sales office in Sydney
      186 29  -  From\ Selva Kumar in Sydney STAR Cruise will boost its presence in the Australian market with a regional sales and market office in Sydney to be headed by Singapore-based vice-president of sales development, Gary Sharman. Mr Sharman, who will become the
      186 words
    • Article
      Collisions at sea seen as major concern for IMO
      190 29 [BEIJING] Colliding ships will be one of the major issues of concern for the International Maritime Organisation (IMO) in the next 10 to 15 years, according to an international conference held recently in Dalian, a port city in northeast China. The
      190 words
    • Article
      Lock icon Replace terminal handling charges, M'sian shippers urge
      208 29 Call for a common freight rate at FASC meeting Bernama [KUALA LUMPUR] The Malaysian National Shippers Council has called for a common freight rate to replace terminal handling charges (THC) which have been the main concerns of the Federation of Asean Shippers' Council
      Bernama  -  208 words
    • Article
      Lock icon Pakistan to develop two more ports
      265 29 Seaborne trade increasing, seminar told Reuter [KARACHI] Pakistan has decided to develop two more ports besides Karachi Port and nearby Port Qasim to meet future needs. "Seaborne trade forecast for Pakistan by the year 2000 is 42 million tonnes and the projection by 2005,
      Reuter  -  265 words
    • Article, Illustration
      Kalmar reachstackers for Swedish firm
      41 29 [SINGAPORE] Heavy equipment manufacturer Kalmar LMV has recently delivered two of its most powerful reachstackers to a Swedish Railway subsidiary. This model (above) has an 8-m wheelbase machine and can block-stack 45-tonne containers in three rows.
      41 words
    • Article
      Shekou terminal cuts handling and storage charges
      239 29 [HONGKONG] Shekou Container Terminals (SCT) has begun offering handling and storage charges one-third less than Hongkong's. SCT made the move after its import and export bonded warehouse licences were approved, according to a recent report in the South China Morning Post. "There is
      239 words
    • PORT Shots
      • Article
        Lock icon Shun Tak shuts 2 jetdoils, lays off 61
        98 29 Bloomberg Business News [HONGKONG] Shun Tak Holdings Ltd, which operates high-speed ferries to nearby Macau, said it will retire two jetfoils from service and lay off 61 staff, resulting in an annual saving of HK$l3 million (Ss23 million). Shim Tak said the
        Bloomberg Business News  -  98 words
      • Article
        Lock icon Chinese firm wins industrial secrets case
        108 29 AFP [BEUING] A Chinese maritime firm has won a landmark property rights case, netting more than 11 million yuan (S|l.B million) in compensation after a two-year court case, Xinhua said yesterday. The China Shipping Industrial Co (CSIC) had sued for damages after 20 engineers
        AFP  -  108 words
      • Article
        Moscow eyes control of Baltic Shipping
        90 29 [MOSCOW] The Russian government wants to take a controlling stake in troubled Baltic Shipping, but the scheme has not yet been worked out, a company official said last week. 'Tentatively, a controlling stake is under discussion, but what it will look like, nobody knows,"
        90 words
    • Article, Illustration
      Lock icon Vietnam lures top car makers
      874 30  -  OAR INDUSTRY: SEEKING NEW MARKETS ifie world's biggest car makers have made a beeline for Vietnam, which has a population of 75 million and an economy growing at 9 per cent a year, to get a foot in early before a rival grabs a commanding
      Bloomberg Business News; FILE PHOTO  -  874 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      381 30 PAGE Evergreen 6 AEIOcean 16 Fl-BrigM 7 14 FMG 15 AFTSI*>g 14 f*"*" 1 ANi 3 Farwide 14 AM* w> FoongSun 8 Accord 6 FroU 8 Ahrenkiel 4 FrtU F r t VIorM Astro 3 V"* 4 Austral 9 Avant 6 E-- M
      381 words
    • Article
      SHIPPING GUIDE
      10715 38 EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser VmH voyaqt Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number is-...- A 19/W M/ll Kien Hung HUNSA BHUM HM MRS 65-*****33 If/W M/n Speedj HUNSA BHUM HM401S 65 *****03 To ADELAIDE (ADL) 2007
      10,715 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        686 45 Vtsm Voy Ho Btrth Arrival Departure m JamiNt 7 J04 «Joaq*6o 1610/1*59 *»—T WW JU M««w» 1610/0600 28 <wn«»M *10/0700 af** 9«* J07 Jon** 1610/0900 0110* JOt atoa«VKM *0/0100 ClWM lltw 85 213 Owifud* 21 KV0600 J05 Montwat *0/1200 iO J02 Jongs* *10/2300 •P 1 1 J06 <ton«w«t
        686 words
      • Article
        CONTAINER SCHEDULES
        1705 45 RECEIVIN6 OF EXPORT fCl COHTAIHEHS AMD LCI CARGO UWWHHf/ Rill) SMp Voy No Etfc/Btr Nftod From To From Aci imw OBI B/BM M B/BM B/BM B/BM «M7 0/NM 1 H/BM B/BM B/BM 3 B/OTM B/IB* B/MM 4 B/BM B/MM >4/1700 wa«*a»a~ "omii im b/boo MhT UiFartanT 040*4 B/BM
        1,705 words
      • Article
        GLOBAL HOLIDAY
        180 45 OCT 18 Azerbaijan: Independence Day. OCT 20 Guatemala: Race Day/Discovery of the Americas. Oct 21 Hong Kong: Chung Yeung Festival. India: Dassera. Kenya: Sunday's Kenyatta Day. Honduras: Armed Forces Day. Oct 23 Thailand Chulalongkorn (In Remembrance of King Rama V). Hungary: Anniversary of 1956 revolution. Oct 28 Kazakhstan
        180 words
      • Article
        COCKETT BUNKER MARKET REPORT
        652 45 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indi cated. The Cockett Bunker Price Index change
        652 words
      • Article
        RITAS BUNKER QUALITY REPORT
        374 45 *U! P«*T SSZ Art So— m f 'o °°i< Kl/I 390 AM 988.0 OJ 13.9 0.07 32 0.0$ J+ -s= l v °r- t s s a s a: —«—i« WO Mi 1000.0 0.9 19.7 0.0* M 0 00 Noftl*™ Euro* 180 Am 981 3 OJ
        374 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Nissan to set up engine assembly plant in Philippines
        133 46 AFP [TOKYO] Japan's second biggest car maker Nissan Motor Co Ltd will launch an engine assembly plant in the Philippines next April, a company spokesman said yesterday. Nissan's Philippine joint venture, Nissan Motor Philippines Inc. will assemble engines at the new
        AFP  -  133 words
      • Article
        Lock icon 3 aircraft makers vying for USAir's US$5b plane order
        308 46 Boeing appears to be favoured over Airbus and McDonnell Douglas, says report AFP, Bloomberg Business News [WASHINGTON] The world's leading aircraft manufacturers are bidding to win an order of up to 120 new airliners worth US$5 billion (Ss7 billion) from USAir.
        AFP,; Bloomberg Business News  -  308 words
      • Article, Illustration
        Lock icon Made in Malaysia bus
        55 46 [KUALA LUMPUR] A model showing off a newly launched locally produced bus called Kentworld. Malaysia on Monday unveiled the bus with a price range of between US$BO,OOO (S$l12,800) and USs9o,ooowhich is intended for export to countries in the Indo-China region. It targets total sales ofsoo units
        REUTER  -  55 words
      • Article
        Lock icon UK stays silent on BA's tie-up proposal with American Air
        297 46 Hopes fade that minister will make ruling this week Reuter [LONDON] Hopes are receding that the British government would rule this week on whether or not to block British Airways' proposed alliance with American Airlines by referring it for a
        Reuter  -  297 words
      • Article, Illustration
        Lock icon BA and Virgin bid for France's Air Liberie
        290 46 Bankrupt airline coveted for its base at Paris Orly airport Bloomberg Business News [LONDON] British Airways pic and Richard Branson's Virgin Express both said they niade bids for Air Liberte, a bankrupt French airline coveted for its strong position at Paris' Orly
        Bloomberg Business News; AFP  -  290 words
      • Article
        Lock icon Chinese car makers criticise slow transfer of foreign technology
        263 46 Bloomberg Business News IBEIJING] Chinese car makers blasted their foreign partners for miserly transfers of technology, according to a newspaper report. Industry officials meeting earlier this month in northern Changchun complained that China is making little progress towards designing its own
        Bloomberg Business News  -  263 words
      • Article
        Lock icon Car sales in Thailand up 14.6% in Sep
        209 46 Bloomberg Business News [BANGKOK] New car and truck sales in Thailand in September rose 14.6 per cent from the same month last year, the biggest increase since May. Triggering the rise were strong sales by market leader Toyota Motor Corp and Honda
        Bloomberg Business News  -  209 words
      • Article
        Lock icon Chicken farmer to set up airline in Japan
        224 46 AFP [TOKYO] The head of a Japanese chicken farming company plans to launch a cut-rate regional airline with about 25 local businesses, a promoter of the scheme said yesterday. The airline would fly between Tokyo and Sapporo, the prefectural capital of Japan
        AFP  -  224 words
      • LOG Book
        • Article
          Northwest's School Holiday Sale
          95 46 [SINGAPORE] Northwest Airlines has announced a reduction in fares to educational and tourist destinations in the US. Called the School Holiday Sale, the fares represent a discount of up to 38 per cent off the company's next lowest fares. The weekday fare for a round-trip from
          95 words
        • Article
          Lock icon THAI to take stake in new cargo airline
          79 46 AFP [BANGKOK] Thailand's cabinet yesterday approved plans for Thai Airways International pic to take a stake in a US$4O-million (5556.4 million) venture to set up the country's first cargo airline. Deputy government spokesman Amnart Chanawong said Thai Airways would take a 40
          AFP  -  79 words
        • Article
          Lock icon HK air cargo passes 1m tonnes in Jan-Sep
          78 46 AFP [HONGKONG] Air cargo throughput at Hongkong's Kai Tak Airport broke through the million tonne mark for the first nine months of the year, Hongkong Air Cargo Terminals Ltd (HACTL) said yesterday. "Our overall total of 1,052,837 tonnes for the first 9
          AFP  -  78 words
        • Article
          Lock icon 2 US airlines await Tokyo approval
          99 46 AFP [JAKARTA] Two US air carriers, Northwest Airlines and United Airlines, are waiting for approval from Tokyo before begining flights through Japan to Indonesia. "We are ready with our operation but we are still waiting for the US-Japan sides to decide," said Ibnu Tryono,
          AFP  -  99 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1502 46 CITY fUCHT ETA fUCHT ETP mmm ***** 2025 hwiiu sow 2120 somo 1020 Adelaide S0229 2220 Hanoi VW741 1300 S0176 T105 Amman RJ182 1445 RJ183 2225 ***** 1840 **740 1410 Amsterdam K1833 0935 K1838 2300 *405 TG406 0820 CA893 1205 KL834 2*5 T6407 2105 MW4 1040
        1,502 words
    • BT-SRI Supplement
      • Article, Illustration
        Lock icon An indicator of the times
        618 47 The Stock Exchange of Singapore explains the need for an index of locally listed firms with regional interests WITH universal recognition that Asia is the next engine of global economic growth, there will be a steady increase in the exposure of foreign funds and the
        ERIC CHU  -  618 words
      • Article
        Giving investors a choice of benchmarks
        527 47  -  An overview of how incfices are used, by RSivanlthy R Sivanithy Evaluating the performance of a fund manager Is a difficult business, mainly because of the uncertainty and, to some extent, the randomness which shrouds financial markets. For example, a fund may have done
        527 words
      • Article, Illustration
        Lock icon The making of the BT-SRI
        1516 48  -  Tan Kong Yam and Edward Ng summarise the mechanics behind the design of the new index, and scrutinise its validity Tan Kong Yam,Edward Ng IN MANY respects, Singapore is the ideal location for a non-Asian investment firm (or foreign fund) seeking exposure to the region
        FILE PHOTO  -  1,516 words
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      Page 30 Advertisements Column 1
      1047 30 north amemca i export I i other destinations I JWECT TO WEST COAST ~I WEST COAST Of CEWTRAL AMERICA (MAROAWTA SERVICE) 1 5® wr rasw mm uowvaa* mi hm ok wr wai w m EjSjjjji I *cuwu|fKMwu I w— |u| gj mrom ss tt/w 17/w 11/11 u/ii m/ii 07/11 M/
      1,047 words
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      Page 30 Advertisements Column 2
      597 30 Lm*« mtvkm r*pr»Mnte<l byMambw« of Vw Registry of M«nb»»o»t» tacmSHml Shipping Agante, Frwght Forwarders' .7, S*pom National Shipping Amoc AaaociHon. ShippingTtmrs Just talk to ug... Iris Lim 740-2044 Tan Lip Chuan 740-1645 Z2 Jarrod Leong 740-2089 Philip Koh 740-2382 WUKT 3 x Japan •2 x Hongkong •1 Mania •1 x
      597 words
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      Page 31 Advertisements Column 1
      1054 31 EXPORT TO: TQ: JEDDAH/UK/CONTINENT VKSiI VOY Siii JCO B'DAM ITBUftG B'HAVM SION IBt ALSO ACCEPTING CAAGO FOR: fjlt \li\l 05/11 2/!! GLAS6IOW, GRANGEMOUTH 1416 18/10 03/11 05/11 M/ 11 09/11 Ayi* CAIITUCUICI fIC UK 3416 11/10 M/ 11 07/11 04/11 05/11 WUIHSIWDS IOOQHOU 5426 24/10 14/11 12/11 16/11 BREMEN CFS/LCL
      1,054 words
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      Page 31 Advertisements Column 2
      2035 31 HANJIN SHIPPING USA CANADA* UNI HAUL/VOT Mil SW SLA PPI TIW TOP ON DTT 0« IPH j >W1 j MQ» |QS j WTC Off TV! TY7 TIM. TTt TtC h. smgapor! Nx u/n 'V 1 JUU !*ZI!—!*ZU !M1 u/n__»/ii n/11 n/n 11/n n/n "n/n" liTiT liTiT w7n~ "u7ii~ ~u7iT liTii
      2,035 words
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      Page 31 Advertisements Column 3
      89 31 m m QrvßW) ORIENT EXPRESS UNES (U.K.) LIMITED tf Of*JL (MANAGER FOR SHREYAS SHIPPING LIMITED) v VOY SINGAPORE KXMAY YKSfI VOY KMIAY SIWGAfOtI ;j ELJZA 303 16/10 23/10 EUZA 302 09/10 16/10 .-J f SINARTOBA 202 28/10 04/11 SINARTOBA 201 21/10 28/10 -< NORDKAP 402 31/10 07/11 NOKDKAP 401 23/10
      89 words
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      Page 32 Advertisements Column 1
      1247 32 DSR-SEMA TOR mmm Round the World Container Services I TO UK/CONTINENT FROM UK/CONTINENT WW Ml WTII IMY I HAM IRI MfT LHA "I VHgl |w)T IliW 1 HTM IWW HOW IFU I M(T fST" ■uiMTwm wee mt rn an M.ll 1111 11.11 u.ll kklmkh smi ith an mm an nn
      1,247 words
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      Page 32 Advertisements Column 2
      1386 32 I NORASIA I I VESSEL VOYSM Ptol OOA LAS BCL VAL ALQ NOT AWT FE^LIM^ MM SHANGHAI 964*3 IMB 17/11 *1/11 M/ 11 Kfll IWII 11/11 *7/11 6*ll am Mm MSCALEXA 9641-3 23/19 2VII M/ 11 IVII NHI 17/11 11/11 14/11 iy» IS/11 iZn MSCCANLA 9642-3 MII 31/11 IVII 29/11
      1,386 words
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      Page 32 Advertisements Column 3
      446 32 Direct Container Service to f» Fangcheng Zhanjiang Ve.se! S'pof? Fangcheng Zfcufcjf UAHBAO 26/10 31/10 02/Tl. m I /VOBTRANS- Multi Pwpose RO/10 Ovritr AnpHf RO/RO, Ramp Capacity opto 40 torn Heavy lift opto 68.5 toas I Cm>mtmmd/ trwd kk /(mtrnm/Rmkn CaMogg Hbr flhy Statu Mihym VJM Mia 11-21/10 17-11/10 24-24/ ft
      446 words
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      Page 33 Advertisements Column 1
      1204 33 W STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Koppol Towers Singaporo 0208 Tol: *****88 Fax: *****17 ANNOUNCEMENT!! I WE ARE LAUNCHING A FULL CONTAINER SERVICE TO HO CHI MINH CITY (SAIGON NEW PORT) ON 19 OCTOBER 1996 WEEKLY FIXED DAY SAILING VCSSCL VOYAGE ETA SIN ETA HON (SATURDAY)
      1,204 words
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      Page 33 Advertisements Column 2
      1741 33 DffiECT CAIL TO KAOHSIUNG, TAIWAN; 1 SAILING EVERY MONMY > I WITH SHORT TRANSIT OF S MVS J rrt *««TWiW*T MMW FA* 2242M1 OMWMOB/U 42MM1 JOBOHOffKE: mmmJtM ?»SS 5 wwammptid/b: 4Mstis CO ST At AGENCIES (M) SON Ml I T/awiiw gag blll-17-35amm»-ih7-wmiti I VESS&/VOVAGI [~SOP HAG SNA XIA NM XM
      1,741 words
    • Advertisement
      Page 33 Advertisements Column 3
      404 33 /7-JLIPERKAPALAN DAI ZHUN A UU TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 /Kwcam+fASTtsr IUMUt/ tuAMA-Muourr um/ wo cmmmM-OimcAm ~/i GISOON HI3 11/10 GUOO MM If/1# GIWI HIIO 14/10 6BWH H4t If/I# GIHO HII7 21/11 GIWI Mill 22/10 GUUM
      404 words
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      Page 34 Advertisements Column 1
      1377 34 I EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA I SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW M6G PKL SGP I E RESULT R RM» < IIII 2 B Imb «/ii Urti i«£i ia/11 10/11 Mrti C GUIOERE-f175 22m 24/ tO 23M 25/09 21M 21/11 23/11 I FROViu mTm 2£? 1521 IShI 152
      1,377 words
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      Page 34 Advertisements Column 2
      1035 34 EXPORT VISSII VOYAGI W Ml UU DM UN IWT 111 VISSU VOYAGI Mil AMI ruM Mil </•_» I !!!l! rnSrrTn 25U21 /1# 30/10 U»M CHA*T *****3* Ro So SRo 7VIO M(ON(OtD *****37* 74/10 OVII 04/11 OS/1I 01/11 05/11 OVII UMCIOM *****35 C 13/10 14/10 is/io 14/10 71/10 B Shapah JetxH
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      630 34 > M fW TEL; *****33 (12 LINES) I 1135 FAX: *****15/*****03 IPO J TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E I |®l ETHIOPIAN SHIPPING LINES I (National Uks of EiUopta) I I accepting fcl and conventional I i VOy I I Loiter Spore I Netsanet 44 WB ia/10
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      658 35 T BSAr M MYANMA ami FIVE STAR UNE IT (Myowaar Natioaal Liaa) Looaliag for Yoafoa (Rangoon) a VOT SM PU POI POU AW 13 A* su PAGAN IMW 14/10 ■AUTSIA AGENTS: OOIISTIAO SMPfMG AGMOfS TH 0243-*****00 ftt: TU 0243-*****01 rat th 0244-*****02 n». m 0147-*****21/4 ig| BANK LINE U «f»faa
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      909 35 |A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 pwa pm poo ypso/voT vot [!■I tw 1 wi uh ma wti n 09/09 11/09 12/09 NT. COMOOOOf 302W 14/10 01/11 43/11 05/11 03/11 iiTll isTil 14/09 10/09 19/09 NT. FORM 301W 29/10 15/11 17/11 14/11 17/11 17/11 l«/l|
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      398 35 FAMOUS CONTAINER UNES ji pB 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) T 1 Twice Sailing To> UNITED KINGDOMS i DIRECT SAILING TO SOUTHAMPTON FELIXSTOWE i Please call for FAMOUS MOLLY V 1 *****33 i P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES)
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      1526 36 MB^mS^mEwSSSSnMSM 1 ■I VESSEL SIN JKT VESSEL VOY SIN PEN |vf%sfL QANTA BHUM 143 Wd In PI ~Sun I 20/10 GURU BHUM «713 Thu 17/10 ~S* 19/10 MATHII BHUM* 300N Wtod ImPt ZM 10/ m WANA BHUM 347S S.t 19/10 Tu. 22/10 B.MAS EMPAT «143 Sun 20/10 Tu. 22/10 M
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      960 36 smoAPOM^onmooNosuvtci mnoapom/oucSmnmSr^ viiiE voy iiii I cts I vis ml voy —im tea 1 "fOMNA MOM 21/10 FRI 25/10 InGER SPRING 261 CNR MOW 121/ IP u, CONSIST!NCI 331 THU 24/10 MON IiTTo X QUR S.NftA»r>., TMU~ "^7wT P*™ looa I SUN 127/10 ITHU 31/10 BeaOU CLOUD [256 !sUN 27/10
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      523 37 rfcl Weekly LCL A FCI Services to Caribbeon it hipping A Central Amerka SLMISTRAi DOOTHEMAERSK 0036 9611 Port Coontry 22/10 29/10 WzpCity Belize 25/11 02/12 Bridgetown Borbocfaj 28/11 05/12 Gortagena Colombia 27/11 04/12 Castries St. Lucia 27/11 04/12 -Eort de France Martinique 28/11 05/12 ffeeport Bahamas 23/11 31/11 Kingston Jamoko
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      816 37 CPACIRC INTERNATIONAL UNES (PTE) LTD^ I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 lIYKSSB. VQT PIC tYB MB. U* fU I" |j jjil W li I li ii lj] I 58' 111 S iisil li li Sill Ip li)| fc ab=fe \H\ j 1 1
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      796 37 ICR NO: **********0Z I I vtaafcia voy sm oaawetta lehavtc Hamburg |thamesport rotterqam Antwerp CAUFORNK ORION UI7W 21/10 OPII 11/11 12m um is/11 T MLLED'AOIMLA AI7W 29/10 09/11 16/11 19/11 21/11 22/11 svvi MLLE DC CARINA CI7W 06/11 16/11 28/11 2Bm 28/11 c/,2 7 VXEDCSAOfTTA SI7W 12/11 23/11 02/12 <Wl2
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      39 39 I AT" VISA FREIGHT SERVICES PTE LTD Established Since l l >N4 Till. TOTAL TRANSPORTATION PKOPLF Rl (illl AR IiROUPA(.E ICI Cl)\SOI.Il)ATI()\ IMPORT EXPORT SERVICES OCEANIA PORTS AUCKLAND SYDNEY BRISBANE MELBOURNE EREMANTLE VISA I REK.IIT SERVICES PTE I TO
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      1070 40 K44h h M AS AGENTS: "K" UNE (SMQATOfIC) PTE LTD (W» UtmrmmWSl Kfi M* MMVfTMM) B J^ r TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7W9 W T IVT MALAYSIA: K" UNI MARITIME (MALAYSIA) SON BND JL M 24 TIL SA *****00 PK *****75 PEN *****20 JB *****01 PGU*****256 NOONESIA: P.T.
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      Page 40 Advertisements Column 2
      658 40 I MMM ISLAND LINE PTE LTD MMM $s*s«sryWWssßMhf 6mf JmW 290 CANTONMENT tOAO 009-02 SOUTNPO9TL S'POtf OOf 70) TH; 12*4349 MX: *****41 TU: IS ***** Al5 ***** INTRA-ASIA CONTAINER SERVICE 10 IHDOHiSIA 7" ivissa VOT SM *t vpsa WT Hi sw rvosa —VOT —rsi —nan SBfTOSA JAtA ***** 17/10 (OUSAUS
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      Page 40 Advertisements Column 3
      1024 40 JV\ YANG MMG Lie ~k J.! A M TWICE WEEKLY EVERY MONDAY won. wy In I m hm fit in m »ot i™ m I, MINGZfWTM J641W1 ?<VIO I 06/11 o*ll 0»11 11/11 UIBRALTAA ROHMS tZLi cTT «T MAM AW H« tm,(MAXr *42wl ?4/10 I 16/11 14,11 IVII 1&11 MWGUOrT
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      583 41 ■Vessel voy sin^maas!n| TIGER ISLAND 477N 18-19/10 23-27/10 01-02/11 I TIGER BRIDGE 478N 21-22/10 27-30/10 04-05/11 I 479N 25-2*lo 3003/11 08-09/11 I ■JTIQER WAVE 480N 28 29/10 03-06/11 11-12/11 I ■TKjER ISLAND 481N 01-02/11 06-10/11 15-16-11 I TIGER BRIDGE 482N 04-05/11 18-19/11 IVESSE^^^^VOVSI^^CA^^SIJ^I TIGER RIVER 258CN8 16-16/10 22-26/10 01-02/11 I
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      919 41 Sea EZ Land] I DIRECT SERVICE TO LONG BEACH SL ENDEAVOUR V.631E ETA SIN ETDSW I IS OCT '96 15 00'96 I vrssa voi 55 rn> sa I7SBS wr S M oo wc w wb mm tm mi cub Ihsub Hor~li7io S7H TMHS Sir "S7iT li7ir 1W is/n is/ii ii/ii
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      Page 41 Advertisements Column 3
      76 41 <S*TOYOFUJI SHIPPING CO, LTD.I MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER BREAK BULK CARGO ViSStl VOT H SM I JtT 1U I M I JM TIAMS PACIfK 4 45 W/lt TIJUIS PAGFK 5 57 14/lt 15/U 17/H ?>/!> 11/1> M/lt MIPHIMUS 17 l?l/u|?Vlll31/ll|tI/lllM/)l|n/ll vissil vot six n hi m »k m FENG
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      Page 41 Advertisements Column 4
      1480 41 WEEKLY SAILINGS Nedlloyd Lines to AUSTRALIA CH **********0* l I SINGAPORE PHONE (GENERAL) *****69 RATE ENOUtRtES *****4& 260 CFS (PHONE) *****10 CFS (FAX) *****23 1 raamow ivaffTW»/nii/ui| sin H(t Sou Uh Htm Am- Hm Mi THAMES /5416 17/10 18/10 09/11 07/11 08/11 05/11 MOSEL/1416 18/10 08/11 09/11 03/11 04/11 05/11
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      760 42 3 SAMUDERA INDONESIA fS) PTE LTD •4 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 > TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 CM HO. 1947M*****0 BOOKINGS CALL DIRECT LINE: *****41 /*****43 JESSICA/CEUA |E]2EJ2BHBffiEB 8 SLGS/WEEK SEEEHHB 3 SLGS/WEEK I BSBE VbY I SIN [JAK [VESSEL IVOY [81
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      Page 42 Advertisements Column 2
      607 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P-K£LANG' HMJFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPICO HOUSTON HOEOH CUPPER 0236 23/24 OCT 17OCT 13DEC 16 DEC 17DEC 24 DEC 20 DEC 2BDEC 31 DEC HOEGH DRAKE 0438 14 NOV 07 NOV 06 JAN 00 JAN 10 JAN 17 JAN
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      Page 42 Advertisements Column 3
      557 42 g Singapore Soviet Shipping a® Co. Pte. Ltd. v CR NO: **********0N I VESSEL VOY RM BOM KOTA CAHAYA CAHI67 22/10 30/10 MEKHANIK KURAKO MK24N 23/10 31/10 ORIENT CORD 013 27/10 04/11 m VANESSA 11N 01/11 00/11 REBUURILYICttVMSfBYICT VESSCL VOY SPORE ILYCHEVSK EVER GLORY 0130-073W 10/10 13/11 EVER GENIUS 0131-002W
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      1111 43 I ryi rTHTTfTTTIJIfITTTnTTTTTw^R^H 1 ASIA EUROPE EXPRESS (AEX) WESTBOUND SERVICE !ff£L I VPY I »N 1 KTM I ANT L£H I HAM I PR NY FEDERAL 301W 29 OCT 15NOV 17NOV 14 NOV 17 NOV 20 NOV HY ADMIRAL 303W 05 NOV 22 NOV 24 NOV 21 NOV 24 NOV
      1,111 words
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      Page 43 Advertisements Column 2
      908 43 as. Mosa mh Hi? I7.ir mm** 2sjh Sli ofVi Sfn =7- ■J® MM!—HH U 101 UK JMKQL ntf ■S.BM Ml* 111* 17ir 1410 JrJ, (•■•US 2304 llir lilt 20.10 2110 1110 MB m.nm mm xm xio- aio nn !i u SS"2JfS 25 l l,r ,4J H ,u# *w MS" 13
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      Page 43 Advertisements Column 3
      596 43 I -I APM "t2P,U q c qn iAl p p J!!,L.T L THRICE WEEKLY DIRECT TO HO CHI IfrlNH CITY 1 EXPORT TO HO CHI Ml MM CITYIMFORT PROM HO CHI MIHH CITY i] rasa |WT| rw w rogotf wc~~| mm wr nunc [""Tuskm Ml m/ie (ji/ie jvjj nw wjj
      596 words
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      541 44 Xc SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTBANS SHANGHAI (CONTAINIH SERVICE) Also accepting container cargo to: YESSEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beiiioo. Chiwon 6000 LUCK 9605/9606 17/10 22/10 26/10
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      Page 44 Advertisements Column 2
      109 44 /C__, GOLDEN LINE GUAN GUAM SHIPPING (PTE) LID U' 23, Tdok Ayer Skvet 9NGAPORE *****6 f TEL: *****88 (10 I#ES) Far *****04 •TRAITS/PEMSIAN GULF lEIVICT Spore PKelang Penary GOLDEN GRACE KaractvtXjbat/Kiwrait 28-29/10 GOLDEN STXR KaractVDubai/Kuwat 12-10/11 >- CHINA iEMYICE A VSL Chna Ports 22-24/10 A VSL Huangpu/Shangha 28-36/10 CONTAINER «ElVlCr
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      Page 44 Advertisements Column 3
      425 44 mAM MN CONTAINER LINES, INC FeN*NO:(e4)«34H« BWOKOK: m|»l« MRMMIP^IUnMO P KB»)Q:(B»M«a77 JKIi (21) MQ»lg7 W»t («1) MOZ3 Hqm «awM HKG ETA FREMANTLE ETA "OOCI FRANCE'V.4396 20-10 "B.TERASEK" V.427S 22-10 PKC/PEN LAE/PORT MORESBY "ACX DAISY" V.OBBA 21-10 "CHENGTU" V.27SA 23-10 BKK SYD/MEL "LEERORT" V.907 21-10 "MOL CRYSTAL" V.4IS 21-10 MM TYO/YOK/UKB/OSA
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      Page 44 Advertisements Column 4
      309 44 1 No9pip|p|jp||r I Spore PXalang Loving For 1 I I ?£!2 NPUU) 28/10 RdrtVAfw/UK/Nan I I NICHOLAS 22/10 02/11 RcHVAtwAJK/Nan I I J,' I I Loading for I I °üb«"/Bahrain/DammafVKuwait I I I L Du^^oh>t /Don a'Bahrain/Damman/Kuw»t I I I Hodwdah^Jaddah/Aqaba/ Pt Sad I I HAUM METE Hodaidah/Jaddaft/Aqaba I I
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      123 45 —M' M fk'.'t LEGEND R Thunderstorm Temperoture c A\ V Shower Weother Wmd direction with speed in knots Rain V.y Cloudy Sky Wove htl 9*' "»*eoted by arrows which Hy with the wind One fiM circle represents cotm or bght ond variable wmds i__ One half Heche represents 5 knots
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      110 47 A iftpment of your time. (After all, some things can't be rushed.) fj An appreciation for the finer things in life does not happen overnight. It must be acquired through experience. Cultivated over time. Good taste cannot be merely bought. Those who recognise quality know that Cyma watches represent the
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      Page 47 Advertisements Column 2
      229 47 List of BT-SRI stocks, Pgs 4-7 The making of the BT-SRI, Pg 2 Editor R Slvanlthy, subeditor Yvonne Chew, artwork Jim McManns/Ben Cruz/Ronald Kow iff i S ri m Aspen Heights BWf are remembered today for the many property projects done. And many others the pipeline that you will soon
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      229 48 PCB Manufacturer That Offers ,4 The Best Value To Its Partners Elec Eltek ith technical capability to produce up to integration- BfipSJt is one of the 20-layer high density PCBs, Elec Eltek's producing f m r -i region's leading current annual output comprises 11.8 million its own flßi printed circuit
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      75 49 I Development I Opportunities in Asia |7|T|7l r!TV JJfjT|Ty^JTT|i^B ML g I 111 Dl VII. VI \\K ()l SINGAI'OkI II D. 11l \l)OI I III: DMS 1(1 II l)l\<, I ()\Y k (>\| Sill \l<)\ \Y. Sl\(, M'ORI (K.SSi i«> 11 I(o *****11 I\\ 12\ I -u<. kt L'lon.il Mik
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      385 50 Acer Computer International Ltd Acer was incorporated on 23 August 1995 and admitted w to the official list of the Stock Exchange of Singapore on 13 September 1995. Its principal activities relate to investment holding and the provision of management and other operational headquarter related services to subsidiary, associated and
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      Page 50 Advertisements Column 2
      318 50 BT-SRI EESEsaa Clipsal Industries (Holdings) Ltd ©INCORPORATED in Singapore in December 1991, Clipsal Industries (Holdings) Ltd is the holding company of the Clipsal Group being principally engaged in developing, making and marketing electrical installation goods. Its factories include those in China, Malaysia, Indonesia and Australia, and a local assembly plant.
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      Page 50 Advertisements Column 3
      686 50 Dairy Farm International Holdings Ltd ©Dairy Farm International is a food retailing, manufacturing and wholesaling group founded in 1886, with operations today in Asia, Australia, New Zealand, Spain and the UK. Parent company, Dairy Farm International Holdings Ltd, is incorporated in Bermuda, listed in London, Singapore, Australia and Bermuda, and
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      Page 50 Advertisements Column 4
      737 50 Far East Levingston Shipbuilding Ltd FELS' core business of construction of drilling and w production facilities for the offshore oil and gas industry is based in Singapore and it has an international client base. There are also diversified regional business interests including property development and construction in Vietnam and industrial
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      731 51 Haw Par Brothers International Ltd ©HAW PAR Brothers International Ltd is a trading and manufacturing group listed on the stock exchanges of Singapore and Hongkong. It is an associate company of the United Overseas Bank. The group manufactures, markets and distributes Tiger pharmaceutical products and has a 51 per cent
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      662 51 BT-SRI 8188 Jardine Strategic Holdings Ltd ©JARDINE Strategic is a holding company registered in Bermuda with principal interests in Jardine Matheson, Dairy Farm, Hongkong Land, Mandarin Oriental and Cycle Carriage. It also has a 9 per cent interest in Edaran Otomobil Nasional Bhd, a Malaysian motor distribution and finance group.
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      881 52 Mandarin Oriental Holdings International Ltd ©Mandarin Oriental Hotel Group is an international hotel investment and management group operating 13 hotels in the Asia-Pacific with others being developed in Malaysia. The group has net assets of about US$l billion (Ssl.4 billion). Parent company, Mandarin Oriental International Ltd, is incorporated in Bermuda,
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      442 52 BT-SRI esbl Overseas Union Bank Ltd (Foreign) ©Incorporated in Singapore in 1947, OUB was listed as a public company on the Stock Exchange of Singapore in 1975 and is today one of the largest banking groups here. Together with its wholly-owned subsidiaries, the group has a network of 74 banking
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      Page 52 Advertisements Column 3
      316 52 Roly International Holdings Ltd dPk THE group carries out two principal activities in +0 China, Taiwan and Hongkong—sourcing of home-decor and craft related goods and retail distribution of 1 icensed consumer goods. The home-decor products are designed, developed and sourced through 300-400 vendors in the Asia-Pacific region for exporting to
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      798 53 Shangri-La Hotel Ltd SHANGRI-LA started operations in 1971 with only one wing and 525 guestrooms. Twenty-five years later in 1996, Shangri-La has expanded to include three wings and 823 guestrooms. It was named the Hotel of the Year Asia/Pacific and Best Conference Hotel in the World in 1994 and 1995.
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      Page 53 Advertisements Column 2
      636 53 BT-SRI mmm Singapore Telecommunications Ltd SINGAPORE Telecom International (STI) was formed *4* in 1968 to spearhead Singapore Telecom's overseas investments. Currently, the group has invested $2.2 billion in 53 investments in 21 countries, of which STI has invested 1915 million in 28 investments in 14 countries. Financial year ending 31
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      413 53 Thakral Corporation Ltd THAKRAL Corporation is a leading distributor of consumer electronic products in Hongkong and China. It has a distribution network that spans 75 cities servicing over 1,350 customers throughout Hongkong and China and distributes well-known brands such as Casio and Sony. Financial year ending 31 March 1996 Share
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      505 53 Want Want Holdings Ltd WANT Want Holdings Ltd's principal activities are those of an investment holding company. The main activities of the group's subsidiaries and associated companies are the manufacturing and trading of snack foods and beverages and related products and investment holding. As at 1995, the group has eleven
      505 words
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