The Business Times, 30 October 1996

Microfilm: NL20728
Total Pages: 68
1 68 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 S*se SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, OCTOBER 30,1996
    13 words
  • Article
    MARKET SUMMARY
    54 1 nm Ifll 20CLS8 (-5.87) D maUso) ■(■IVOIMP Q 2134.77 (+0.45) D NU8H2.04) g Hunrimak Tuesday Chtage KLSE COUP IMM -114 NSa SMHJ6 +7l« HANO SENG »«17 -71W SET INDEX -«4J6 -195 JAKAKT&OOMP—807.75 +148 MANILA COMP —JW4.41 +5125 TAIPHWPI OM.67 -tt.05 seoul oomp —mn—-nw GLSAOBNAB MUQ +11? lpa E8T
    54 words
  • Article
    FINANCE
    46 1 m ——1.411 ni IIo.o» asm VIM 187f 1141 Ml MM 0.5« HKf .0.1X9. AIM BAHT. lOt. IM RUPIAH 10# 0.041. 0J01 8DKUTOBP J 144 KUALA LUMPUR. JAKASTA 18.81 BAHQKOK tlK wCLZZZZZZZ—it* MCT* 4Ji LONDON 175 —wt AM 'AmurflUMfci M FM ""Ceatralfcukdiscoatf rites (Source: NatWest Bank)
    46 words
  • Article, Illustration
    Lock icon Suharto's son strikes stunning gold mine deal
    616 1  -  Canadian firm Bre-X to give 10% 'carried interest' in East Kalimantan projects to Silt's firm From\ S N Vasuki in Jakarta IN A stunning deal, a Canadian mining company, Bre-X Minerals Ltd, which owns the world's largest single gold deposit in Indonesia, has
    Source: Bloomberg ALLAN  -  616 words
  • Article
    Crackdowns on illegals cause construction delays
    478 1  -  Sub-contractors' defaults cited as reason for inability to complete on schedule By\ Siow Li Sen [SINGAPORE] Contractors are facing problems delivering their projects on time after the recent crackdown on illegal foreign construction workers, sources say. Several government projects, as well as private residential
    478 words
  • Article
    Millionaires club swelled 23% amid 1994's rapid growth
    303 1  -  Siow Li Sen [SINGAPORE] The number of millionaires in Singapore increased at a healthy clip in 1994 as double-digit economic growth created more wealth. Taxpayers with income of over $1 million increased 23 per cent to 386 in year of assessment 1995
    303 words
  • Article, Illustration
    Lock icon FJ Benjamin given CPF trustee stock status as it launches IPO
    414 1  -  By, Jenny Lam [SINGAPORE] Fashion group FJ Benjamin Holdings, which yesterday launched its offer of SO million new shares at 80 cents each, is coming to market with an extra credential: Central Provident Fund trustee stock status. According to
    ERIC CHU  -  414 words
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      125 1 ihside The way ahead NTUC Fairprice plans a $100 million warehouse and office complex. Chief executive Lim Ho Seng says the company is in the process of submitting plans for approval, P*2 ii i I jUHUHfIfMIB Investors look receptive. Labroy and Delifrance shares are holding up despite a weak market
      125 words
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      32 1 Bctjbg fnd wiD ball out Unngkrmg btBTSe To be managed by one-time economic tsar Zhu Rongji the contingency fund is the strongest Chinese assurance to date of a smooth Hongkong handover. Pgt
      32 words
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      Page 1 Advertisements Column 3
      50 1 INVESTING Q/? supplement \J FREE with today's BT. Make sure you get your copy. 1 i v x n < ij f t| l» Pt't'p mis ,»t i n'i.i;i\ of tuti.iv s v u/t\"> jfi ji>c* mjchir\*s yon il find H\undJi Etrrtronu s com^ont^if^ tnit v H Ami f i/W
      50 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon FairPrice plans $100m warehouse, office complex
      487 2  -  »Ae fear-storey complex will be built en the site of its present head office By Soh Tiang Keng SINGAPORE'S largest supermarket chain, NTUC Fair- Price, plans to build a $100 mil- lion warehouse and office complex on the grounds of its present head office
      ERIC CHU  -  487 words
    • Article
      Esso studying feasibility of lubricant facility
      186 2 ESSO Singapore yesterday said it was looking into the feasibility of investing in a lubricant basestock facility. The study will be integrated into an on-going effort to determine the feasibility of building a world scale facility here for the production of petrochemical building blocks
      186 words
    • Article
      TAS seeks fair competition
      242 2 THE Telecommunication Authority of Singapore's policy to draw a line between the telecoms equipment market and the telecoms services market is expected to act as a safeguard against anti-competi-tive practice. The policy will be widely tested next April when competition begins in cellular and paging services.
      242 words
    • Article, Illustration
      Lock icon 3rd monthly fall in visitor arrivals
      332 2  -  EYE Oil TOE ECONOMY Visitor arrivals Byi Agnes Wee VISITOR arrivals fell for the third month in a row in September, declining 5.9 per cent on a year ago. With the September dip, total visitor arrivals shrank 4.8 per cent in the third quarter.
      ALLAN  -  332 words
    • Article, Illustration
      Paterson Mansion latest East Coast sale offering
      312 2 3rd freehold property far sale this month; other sites ashing $400-460 ptfpr [SINGAPORE] The 32-unit Paterson Mansion at Fort Road has been put up for sale, joining two other East Coast properties that are now on the market. The nearby Fort Apartments was
      312 words
    • Article, Illustration
      TAL industrial complex for sale
      259 2 TAL Building, a freehold Industrial complex with potential for redevelopment into residential property, is being put up for sale by tender by its owners, Hongkong-based TAL Apparel. The seven-storey building is located along Jalan Pemimpin in a small industrial estate near the residential areas of
      259 words
    • Article, Illustration
      Steep learning curve seen for M'sian wafer fab
      612 3  -  Despite early setbacks, analysts predict long-term success and impact on Spore's efforts Kenneth James MALAYSIA'S venture into wafer fabrication is likely to experience early hiccups, but in the long term the high-tech strategy could well succeed and have an impact on Singapore's
      612 words
    • Article
      Symposium to forge closer Japan-S'pore ties
      239 3 A TWO-DAY symposium to forge closer ties between Singapore and Japan will be held here on Friday. Called "Towards a Common Vision", the symposium at the Regent Hotel will bring together about 40 people drawn from the bureaucracy, business, academia and the media from
      239 words
    • NEWS Roundup
      • Article
        Rating on SDP members likely next week
        97 3 THE fate of the four opposition Singapore Democratic Party members charged with contempt of Parliament is expected to be known next week when the House meets. The Parliament will sit next Thursday at 12.30 pm. The four —Chee Soon Juan, Wong Hong Toy,
        97 words
      • Article
        Namibian president on first S'pore visit
        37 3 THE president of Namibia, Sam Nujoma, is making an official visit to Singapore from tomorrow until next Tuesday. It will be the first official visit by a Namibian head of state.
        37 words
    • Article
      Medi-Projects to buy Indian hospital for $12m
      380 3 It will spend another $5m to improve the 92-yr-eld Willingdon Hospital in Madras SINGAPORE-BASED healthcare investment and management firm Medi-Projects has signed an agreement to buy over a $12 million hospital in Chennai (Madras), India. The deal inked two weeks ago and which
      380 words
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      136 2 This Forum exhibits more than 25 commercial properties from the uk— office industrial sites, retail centres and properties never marketed before. A rare opportunity to more investment opportunities in <* just one visit yf ■> Ideal for institutional private investors, the :^M^Mj|^^^^HHp|HHHH| properties priced from r*,'. Bl^^M million to USSSO
      136 words
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      Page 2 Advertisements Column 2
      114 2 Singapore Business Giving you the winning edge WANTED. DINERS WITH GOOD TASTE. M NEW SET LUNCH/DINNER. AT $3* PER HEAD HL9[ FOR PERSONS FOR PERSONS AND ABOVE Assorted Braised Meat Assorted Braised Meat Combination V AtjU'l Combination Superior Shark's Fin in Brown Sauce Superior Shark's Fin in (Individual Serving) Brown
      114 words
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  • Page 3 Advertisements
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      89 3 When was the boss elements |"™i^ PERKS. THE NO-COMPROMISE PAYROLL SOFTWARE Complete Leave Records maintained automatically in PERKS. All you do is to enter the dates on which the employee was absent. PERKS will automatically calculate the d 11 pay to deduct not deduct and PERKS I 'j carry forward
      89 words
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      Page 3 Advertisements Column 2
      239 3 SGS-Thomaonohiefsees chip market growth, Pg 21 J WHEN THE WORLD'S YOUR PLAYING FIELD, YOU ALWAYS HAVE HOME GROUND ADVANTAGE •>i£ •!q ir '*iv» itt 'Jl -n od 'va •;2 .»t a 1 i'TX •'(I •CD '.!e V* T '3 > 7 w -fj This is our top corporate banker in
      239 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon Hang Seng headed for correction in short run
      617 4  -  TECHNICAL VIEWPOINT A Fibonacci 0.382% retracement of advance suggests support near 11,960 By] Naresh Verma The writer is a manager of technical analysis advisory (South East Asia) at Dow Jones Telerate. The opinions in this column are personal and do not represent
      Source: Teletrac Tradestation  -  617 words
    • Article, Illustration
      Lock icon Funds find value in S Korea
      905 4  -  Templeton and Schroder cite cheap market valuations in launching new trusts By Lee Yoke Har [SINGAPORE] Is it truly darkest before the dawn in South Korea? The Korean stock market, which has fallen 24 per cent so far this year, continues to get battered.
      FILE PHOTO  -  905 words
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      159 4 Can you a day without actually »Bffu £h||l sa y y° u acquainted its n^ mc suBBcst^ s (see listing), you can send and receive faxes. Surf |l El vfl «Jf fljlaMEajgjß fei the Internet*. E-mail colleagues and clients. Access R/ M on-line databases Keep track of the latest stock
      159 words
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  • SOUTH-EAST ASIA
    • Article
      IT thrust in M'sian budget seen as a boost for economy
      482 5  -  SINGAPORE Measures, if implemented, will propel country into the information age, say industry players Ven Sreenivasan THE Malaysian 1997 Budget measures to spur IT investments should propel the economy into the information age if implemented properly, say IT industry
      482 words
    • Article
      Lock icon KL signs deal to build world's longest building
      297 5 KUALA LUMPUR Reuter THE Malaysian government yesterday signed an agreement with developers for a Mss billion (Ss2.B billion) to Mslo billion commercial project in Kuala Lumpur that would be the world's longest building. The 2.4 kilometre GigaWorld complex is part of the
      Reuter  -  297 words
    • Article
      Lock icon Courier firms denied Indon-wide access
      137 5 JAKARTA AFP INDONESIA has denied coun-try-wide access to international courier firms. Antara news agency yesterday quoted Transport Minister Haryanto Dhanutirto Haryanto as saying he had rejected requests for such access from international courier firms Federal Express Corp and United Parcel Service of the United States
      AFP  -  137 words
    • Article
      M'sia's tourism perks focused
      494 5  -  SINGAPORE Aim is to lore foreign tourists and spur domestic tourism Hy. Agnes Wee THE tourism incentives offered in the recent Malaysian Budget are very focused, said analysts. They are directed at achieving two things attracting more foreign visitors and enticing Malaysians to holiday within the
      494 words
    • Article, Illustration
      Polls of all flavours
      579 6  -  ASIAN VIEW Hashimoto is struggling, Banharn is fighting and Goh is waiting Bu Yang Razali Kassim IT'S ELECTION time in Asia. From national elections to party polls, from Singapore and Thailand to Japan and Malaysia, the ritual of democratic practice, Asian-style, is being played out. In
      579 words
    • Article, Illustration
      Lock icon Royal regatta
      104 6 [BANGKOK] Britain's Queen Elizabeth Hand Prince Philip watching the rehearsal of a royal barge procession from a pier on the Chao Phraya River yesterday. The Queen was on the second day of her five-day visit to Thailand, her first state visit to the country in 24 years. Thousands
      AFP  -  104 words
    • Article
      Lock icon PM Goh to lead trade team to Cambodia
      168 6 PHNOMPENH Reuter SINGAPORE Prime Minister Goh Chok Tong will visit Cambodia with a large business delegation next week, Cambodian Foreign Ministry officials said yesterday. Mr Goh will arrive on Nov 4 for an overnight visit. He is expected to hold bilateral talks
      Reuter  -  168 words
    • Article
      Lock icon S'pore-Aussie talks to focus on freer trade
      218 6 CANBERRA Downer: inangoral meeting of ministers will strengthen ties Reuter AUSTRALIA and Singapore will discuss a strategy for promoting freer world trade during an inaugural meeting of senior ministers this week, Australian Foreign Minister Alexander Downer said yesterday. The meeting in Canberra would
      Reuter  -  218 words
    • NOTE Book
      • Article
        Lock icon US$1b in German-Philippine deals signed
        69 6 AFP [MANILAI German Chancellor Helmut Kohl yesterday witnessed the signing of business agreements worth US$l billion (Ssl.4 billion) in the Philippines after a meeting with President Fidel Ramos. In a joint news conference, both leaders said they discussed a wide range of issues but focused
        AFP  -  69 words
      • Article
        Lock icon Thailand, Myanmar sign gas pact
        73 6 AFP [BANGKOK] Thai and Myanmar energy officials yesterday signed a memorandum of understanding here for a 30-year deal to provide Thailand with gas from Myanmar's offshore Yetagun gas fields. The agreement, signed by the Petroleum Authority of Thailand and Myanmar's state-owned Myanma Oil and Gas
        AFP  -  73 words
      • Article
        Lock icon Megawati lawsuit to start next week
        72 6 Reuter [JAKARTA] A lawsuit filed by Indonesia's ousted minority party leader Megawati Sukarnoputri against the East Jakarta mayor for closing her temporary headquarters will begin next week, a member of her legal team said yesterday. The lawyer, who spoke on condition of anonymity, said
        Reuter  -  72 words
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      Page 5 Advertisements Column 1
      118 5 ILLuJI sm summit holdings limited (Incotporatod in the Reputoic of Singapore) Notice Of Books Closure Date NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the Company will be closed from 5.00 p.m. on 13 November 1996 up to and including 14 November 1996 for the
      118 words
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      Page 5 Advertisements Column 2
      141 5 For more information on watch ref. 5035. selected retailers and other watches in the range, please contact Geneva Master Time Pte. Ltd., Dept B 2 SGPI.39a Jalan Pemimpin, No 05-00 TAL Building. Singapore *****3 Tel: (65) 259 9288 V r W HI ■H®*fc»» H y H B I ■F V
      141 words
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      41 6 %SS£J^^^H Iw^BflrMFA MKymfffiffl i!fi tI iPTi n n!j73 P/FTH iTj fTiriu i 111 nrß VIV 7 HrTi 11 M IIW Ift KTi 11 ifi I MIH I I*l i^^^^^^^^MTiT!irMt!Wn[iiiT!iliflTTiiTT^^^li^HWß ■HHHHiHHHHHHffiMHHH i m S Carlsberg. Always something to look forward to. MB
      41 words
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      Page 6 Advertisements Column 2
      78 6 II With a worldwide team of 250 mutti-disdpJined professionals and I a network of international offices, OCRA provides confidential and cost effective company formation in all the major low tax areas including: II Full Professional after sates services provided. ForaFREEcopyoTour 100 page colour brochure or to arrange a consultation contact:
      78 words
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      111 7 111 t 1 111 t V h. without boundaries, (alsn sir in) i niti): 1. endowed with a 1.1 litre 29 Ihp !> 1 2-\al\c \S power plant: embellished with an electronicalh adjustable till and telescopic steering column: 11 < >iit and real power seats; real armrest controller lor aircon
      111 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Confucian ethics and business cannot mix: scholars
      233 8 BEIJING AFP CALLS in China for a return to Confucian-based business ethics of sincerity and honesty have been scoffed at by scholars who say they are incompatible with the cut-and-thrust of market economics. The appeal for a return to the days when a
      AFP  -  233 words
    • Article
      Lock icon China sets up contingency fund for HK stock market after 1997
      347 8 HONGKONG Fond managed by Vice-Premier Zhu Rongji; report AFP, Reuter CHINA has set up a contingency fund to bail out Hongkong's stock market if it experiences a sharp drop after the colony reverts to China next year, the Beijing-backed
      AFP,; Reuter  -  347 words
    • Article
      Lock icon Taipei to let foreign firms list shares
      250 8 TAIPEI Reuter TAIWAN plans to allow foreign firms to list their existing shares on its stock market next year to meet the Asia-Pa-cific Economic Cooperation forum's trade liberalisation, a Finance Ministry official said yesterday. The liberalisation would allow foreign firms to raise funds
      Reuter  -  250 words
    • Article
      Lock icon Taiwan govt prepared to defend currency again
      116 8 TAIPEI Reuter FINANCE Minister Paul Chiu yesterday said the government would again defend Taiwan's currency and financial stability if rival China were to mount intimidating war games such as those staged in 1995 and early 1996. "Judging from the military exercises conducted by
      Reuter  -  116 words
    • Article
      Lock icon Accent blamed for wrong China GDP report
      211 8 BEIJING Bloomberg Business News CHINA'S central bank blamed an erroneous economic growth report published in a newspaper on bank governor Dai Xianglong's accent. The China Securities newspaper yesterday cited Mr Dai as saying the economy as measured by gross domestic product would grow
      Bloomberg Business News  -  211 words
    • SINO Briefs
      • Article
        Lock icon Ex-mayor in graft scandal resigns
        86 8 AFP [BEIJING] The mayor of Beijing, who was tainted by a US$2.2-billion (Ss3.l billion) corruption scandal In the capital last year, has resigned from his post, Xinhua news agency reported yesterday. Li Qiyan "was resigned from the post of Beijing mayor at his request", and
        AFP  -  86 words
      • Article
        Lock icon HK's trade deficit falls 36%
        87 8 AFP [HONGKONG] Hongkong's trade deficit foil 36 per cent from the previous month to HKJ4-6 billion (SsB42 million) in September, its lowest level since October 1996, official data said yesterday. The Census and Statistics Department said the value of total exports in September decreased by
        AFP  -  87 words
      • Article, Illustration
        Lock icon Time for a call
        61 8 AFP [SHANGHAI] A Chinese military officer making a call in one of the many new public telephone booths in the city cm Monday. The Shanghai Telephone Administration Bureau has invested 120 million yuan (5520.4 million) to install 12,000 public telephones all over the city including 4,000
        AFP  -  61 words
      • Article
        Lock icon China's jobless grows by 300,000
        98 8 AFP [BEIJING] The number of unemployed people in China's cities and towns grew by 300,000 in the first nJtae months of the year, Xinhua news agency said yesterday. At the endof September, 5.5 million people were officially unemployed, 300,000 more than at the start of
        AFP  -  98 words
  • Page 8 Advertisements
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      92 8 Business in Asia is booming. Billions of dollars worth of transactions are taking place every day. It's an environment where a telecommunications network you can count on is vital. That's why Telstra gives you a business partner to oversee your network. A partner who'll find opportunities, create solutions and ensure
      92 words
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      107 9 I 1 N F I N IT 1 CL4 5 B JjiL jlr i lii im 11 i ifi i' C c I I jSe JM .a, J IJL"' 1 /i» jfcgsfiSi.. /jR* v.y U\X IN! j\II N I I I i.M S In If I I ONI v K
      107 words
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  • ASIA
    • Article, Illustration
      Lock icon US$ hits 3½ -year peak against yen
      514 10  -  TOKYO Ten down to almost 115 to Japan, US govts said to be happy with greenback's rise By. Anthony Rowley THE US dollar surged to near 115 to the yen in Tokyo yesterday its highest level in three-and-a-half years. The markets are expected
      ALLAN; REUTER  -  514 words
    • Article
      Lock icon Japan jobless rate still close to record levels
      320 10 TOKYO But Sep figure attributed to people trying to switch jobs Reuter JAPAN'S jobless rate clung close to record levels last month but the government said yesterday that the ranks of the unemployed had been swelled by people seeking to change jobs
      Reuter  -  320 words
    • Article
      Lock icon Foreigners allowed to sell overseas funds to S Koreans
      212 10 SEOUL Reuter SOUTH Korea yesterday said it would allow foreign investment houses to sell overseas mutual funds to domestic investors and buy into local mutual funds from December. Indirectly, the move will give foreign investors greater access to the domestic stock
      Reuter  -  212 words
    • ASIA Notes
      • Article
        Lock icon Security talks begin in Japan
        53 10 AFP (TOKYO) Japan called for confidence-building steps and increased transparency ss military officers and defence officials from the Asia-Pacific region kicked off three days of talks in Tokyo. Hideo Usui, director-general of Japan's Defence Agency, said the talks were "extremely significant for the history of
        AFP  -  53 words
      • Article
        Lock icon S Korean growth to slow to 6.5%
        38 10 AFP [SEOUL] South Korea's economic growth will slow to 6.5 per cent next year from the 6.8 per cent forecast for 1996 amid an export slump, a state-run think-tank said yesterday.—AFP
        AFP  -  38 words
      • Article
        Lock icon Sub was spying, says captured sailor
        45 10 AFP [SEOUL] Hie only captured crew member of a North Korean submarine that ran aground in South Korea last month. Lee Kwang Su, 31, said yesterday that the vessel did not stray into the South but was spying. -—AFP
        AFP  -  45 words
      • Article
        Lock icon Bid to ease Sino-Japan tensions
        34 10 AFP [TOKYO] Japan yesterday sought to ease tensions with China as the two sides started high-level talks dominated by a territorial dispute over islands in the East China Sea.
        AFP  -  34 words
    • Article
      Lock icon Aussie PM hits out at Asian newspapers over race row
      284 10 CANBERRA Press deliberately misrepresented my views, says Howard Reuter AUSTRALIAN Prime Minister John Howard lashed out yesterday at Asian newspapers critical of his handling of the country's current race debate, saying they had deliberately misrepresented his views. Asian newspaper editorials
      Reuter  -  284 words
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      771 10 BUSINESS Notices in UAIKIIM I I IU I I. -1 R I I I SOU -7 4 I I.VS* NOTICE (Q) THAI IfUUVMY BANK PUSUC COMPANY UMVTBD Ro^o lIMIAajI AJ«4Am AAJIMH vniToa 9TVTO9 iioiiar wfrmiiiiifi of dw Ir April 1999 In accordance with the provisions of the Certificates of Deposit,
      771 words
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      Page 10 Advertisements Column 2
      173 10 Strategy Seminar five-day seminar for experienced senior executives seeking new ways to enhance the effectiveness of your organisations. You will: 'l Analyse and formulate the overall strategies of WHE TOP BUSINESS SCHOOL I your organisations, I I Translate your organisational mission and strategy I (jOf US BBA) by I into
      173 words
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  • THE WORLD
    • Article
      Lock icon EU to avoid labour issue at WTO
      448 11 LUXEMBOURG Europeans to stress at S'pore meeting that ILO is the best foram for discussing labour standards Reuter THE European Union agreed yesterday to avoid the issue of labour standards at the world's biggest trade meeting in December, a move which diplomats said
      Reuter  -  448 words
    • Article
      Lock icon Buba officials try to calm rate anxiety
      301 11 FRANKFURT Reuter TOP Bundesbank officials yesterday issued a reassuring message on German interest rates, saying there was no reason at present to make a move on rates but leaving open the chance of further scope for easing. The calming comments on rates by
      Reuter  -  301 words
    • Article, Illustration
      France welcomes a rich Asia: minister
      290 11  -  SINGAPORE By Chuang Peck Ming THE prospect of China, India and Indonesia overtaking France economically does not bother French Foreign Minister Herve de Charette. He would even welcome it. "That prospect in no way shocks me since, as they become richer, countries can enjoy
      290 words
    • Article
      Lock icon Auction of Jewish loot opens
      100 11 VIENNA AFP HUNDREDS of people gathered yesterday for the sale of some 8,000 valuable works of art stolen from Austrian Jews by the Nazis during World War 11, the first such auction in Europe. All proceeds of the auction, held at Vienna's museum of Applied
      AFP  -  100 words
    • Article, Illustration
      Lock icon Clinton announces lowest deficit in 15 years
      379 12 WASHINGTON But gqi forecast to rise to USsl66b in *97 fiscal year NYT THE US government finished its 1996 fiscal year on Sep 30 with the lowest annual deficit in 15 years U*****.3 billion (*****.8 billion) President Bill Clinton said. That's down from
      NYT  -  379 words
    • Article
      Lock icon US employment costs rose slower in Q3
      418 12 WASHINGTON Employment cost index op 0.0% instead of an expected 0.8% Bloomberg Business News WAGE, salary and benefit costs for US businesses rose at a slower pace during the third quarter, a sign inflation remains subdued, Labor Department figures showed yesterday. The employment
      Bloomberg Business News  -  418 words
    • Article
      Clinton woos Detroit's ethnic voters
      493 12  -  CHICAGO Midwest interest in foreign policy limited to east Europe By] Leon Hadar NOT many political pundits were surprised when President Bill Clinton chose Detroit, Michigan, as the site for calling last week on the North Atlantic Treaty Organisation (Nato) to extend full membership to
      493 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      224 11 Enormous Investment Potential. I HH|H IP! Panoramic River Views to Match. 26 St George's Terrace, Perth. > Panoramic parkland and river views. > Opportunity to purchase at massive discount to replacement cost. >17 storey office building. w«. j Price: fShCBD* pnme A 516.75 million > The Perth office market offers
      224 words
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      Page 11 Advertisements Column 2
      893 11 The Zambia Privatisation Agency is offering for sale I 111 |I Iff h Offers are invited for the acquisition of at least Seventy Percent (70%) share holding in the above company. mm. mm Ma&mba Collieries Limited is located in Well trained and professional workforce. J i the Southern part of
      893 words
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      Page 12 Advertisements Column 1
      234 12 Thii announcement appears a* a matter of record only. \O/ Sinn Bualuang Co., Ltd* US$lOO,OOO,OOO Transferable Loan Certificate Facility Arrangers London Forfaiting Asia Pacific Ltd* Hua Nan Commercial Bank, Ltd* KEXIM Asia Limited Shinhan Finance Limited UMBC INTERNATIONAL BANK (L) LTD Lead Managers London Forfaiting Company PLC Hua Nan Commercial
      234 words
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      Page 12 Advertisements Column 2
      87 12 Accounting Software Now there is an accounting software has the two most important technologies: msb v,. Industrial ANSI SQL 92 standard p*****30 compliance ensures reliability, R »^^TB security and performance. has been proven in mission critical applications such as the stock r trading, banking and military. User-friendly Windows environment helps
      87 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      EU turns cool to eastward expansion
      682 13  -  THII BOTTOM urn OPINION By Shada Islam The writer is a Brussels-based journalist who contributes to BT DONT expect quick progress in the European Union's much-publicised plans for eastward expansion, even if EU enlargement to include 10 former communist nations of eastern Europe is
      682 words
    • Article
      IN OTHER WORDS
      121 13 'When I first took over, I remember people touting me as a seat warmer. I think I can qualify as the longest seat warmer in history.' -CkhCkokTw* Prime Minister of Singapore. 'My indicators point to a genuine data --tsunami, a tidal wave, in the next 18 months.
      121 words
    • Article
      Not the time for Russian roulette
      691 13 EDITORIAL INSTEAD of tackling problems of huge wage arrears, massive tax evasion, and output figures that are down for the sixth year running, Russia's ailing President Boris Yeltsin seems to be engaged in a tortuous game of political roulette. While nearly 40 million of
      691 words
    • Article, Illustration
      Lock icon Clinton hey to putting Apec back on track
      814 13  -  As leader of the world's biggest economy, the US President most champion free trade By' William Bodde, Jr Ambassador William Bodde, Jr (Ret) is a special adviser to the Pacific Basin Economic Council US Member Committee and vice-chairman of the Project Aspire
      REUTER  -  814 words
    • Article
      WHAT THE OTHERS SAY
      854 13 ■adfrtwtthaaool THE next decade and the coming century will be information and technology based and there is a need to prepare Malaysians for the new era. The preparatory work has to begin now and it is encouraging that the 1997 budget has addressed some of the
      854 words
  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Glut of independent US films
      836 14  -  Independent films are fighting to gain a foothold in the overcrowded US market blaime dutea says ELAINE DUTKA LAT-WP JOHN O'Brien forked out US$4,OOO (515.600) to the Laemmle Theaters in the Los Angeles area to play Man With a Plan, a US$lOO,OOO "anthropological comedy" based
      LAT-WP; FILE PHOTO  -  836 words
    • Article, Illustration
      Lock icon European designers flock to New York
      383 14 FASHION New York's fashion shows are distinct in tone from the Paris and lOan shows Reuter [NEW YORK] A record number of European designers are previewing their spring collections this week in New York, where the shows have become a stage for the newest
      Reuter; AFP  -  383 words
    • Article, Illustration
      Lock icon Hapless Gauls are literary giants
      656 16 POPULAR CULTURE Asterix and his friends have conquered more territories than Napoleon NYT [PARIS] In the land of Voltaire and Balzac, of Proust and Sartre, it is Albert Uderzo who has sold more books than any French writer before him. Albert Uderzo? Well, as lan
      NYT; REUTER  -  656 words
    • Article, Illustration
      Lock icon Sydney socialites preen themselves for Princess Di
      392 16 PEOPLE 900 people are paying A&000 each to hear her speak at a dinner Reuter [SYDNEY] Princess Diana, Britain's self-styled Queen of Hearts, will visit Australia this week for a fund-raising trip that has forced the socialites of Sydney to dig out their
      Reuter; REUTER  -  392 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      328 14 Do you want to win a free holiday for two to Perth? I do. Here is your chance to win a 5 day/4 night trip for two to Perth flying Singapore Airline* and staying at the exclusive Joondalup Resort Hotel. All you need to do is answer the following questions
      328 words
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      Page 14 Advertisements Column 2
      10 14 Young Parents When you want the best for your children
      10 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      184 14 TOE WEATHER niifiiw ii Showers in the morning and early afternoon. Temperature (32-25) WU* Ommd. Will n I m/Uf CM. ImiHui WUC OM Auckland 11/U dmty Mta 1 *m Qcmty UU*» HTJ CM tm+nk XV* Omtj Mkm 17/14 Oo*l> BmmAmw tttl tVwh IM7 Qmtj Bate IMS S«y OKM> IVIO ON*
      184 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      418 15 Where to wine, dine and entertain EVERYDAY IS <vA HAPPY DAY 50°/OV^k OFF VTA ALL DRINKS -V Happy Hour Time: 3pm to 8.30pm Live performance by our resident band from 8.30pm. a. a to*Ai 4® CROWNE PIA7A' S>NGAPO*I 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 MEET
      418 words
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      Page 15 Advertisements Column 2
      233 15 B% b^ w e I Giving you the winning edge v* n h A •>*" f; (Dragon Palace (Restaurant Tim Sum Buffet Sl2.Bo+++CUke&ays) f 13.80+++ (Sat, Sum «£<Puß6cXo6dayt) Meef&oifs S*t 1130 am to 2Jopm, Sun SJOam to 2Jopm Executive Lunch Szedtuan e£ Cantonese (Vegetanan flvotlaßU) from $6.oo+++ per disk (Mkeltfays
      233 words
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      Page 15 Advertisements Column 3
      113 15 BiSEST Dian Am Restaurant 1 At The Neptune on Shenton Way i Dian Xin/Lunch I (/g\ 11.30am-2.30pm 7TH aoor. OVERSEAS UNION HOUSE. COLLYEK QUAY. SINGAPORE *****1. TEL: 224 5922 Fmm I N"SI OC fefcmg D*CV $11.19 OUk tjjmt- $l I.W. A«»> Vy MHtke* $14 y* cm* U-we *my Xd* >W<
      113 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      778 15 TV&RAPIO L5O Extra International (See MO Mody Juragan Kost. Our Choice). 10UW Cinemathique Dlabolo LOO PM The Winners. jl4o Hogan's Heroes. Menthe (See Our Choice). I I I 1 I LSt Money, Money, Money. 3JO Simon Simon sinks the 1100 MN TV Innovations. 1 I I l^rk 240 The Money
      778 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      264 15 CRYPTIC CROSSWORD ■■HK —I E —l B —l P —l B ft —mm 1 Flying Red Arrows, for instance, requires IH 7 Helped a lad hiding a trea- 1 i M I 1 i 8 Is joining Albigensians the result of psychotherapy? (9) 11 'll 1 10 Elite regiment shortly
      264 words
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  • Page 16 Advertisements
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      173 16 r^^sSHr* m hijJ'^^B Cocoon yourself behind the walls of your own luxurious Balinese villa. Immerse yourself in your own plunge pool. Linger between the linen sheets of your own four-poster bed. Be pampered by your own butler. Melid Bali's exclusive new 10-villa CI Melu Bali Village Club gives you a
      173 words
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  • COMPANIES & MARKETS
    • Article
      YTL abandons US$2.6b bid for HK-listed Cepa
      537 17  -  It plans to list power assets on ELSE under ifew company after failing to get backing from Gordon Wn From Ruth Wong in Kuala Lumpur MALAYSIA'S YTL Corporation Bhd chief Francis Yeoh said yesterday his firm will not bid for Hongkong-listed Consolidated Electric
      537 words
    • Article, Illustration
      Lock icon SIA shares slide on selling from UK, US
      229 17  -  By R Sivanithy [SINGAPORE] Shares of Singapore Airlines (SIA) yesterday continued to buckle under heavy selling pressure led by overnight orders from UK and US clients. Its foreign tranche shares, which plunged $1 on Monday after the national carrier announced disappointing interim
      Source: Bloomberg  -  229 words
    • Article
      Some turbulence won't knock all the wind, out of SIA
      681 17  -  HOCK LOCK SIEW Conrad Raj IS SINGAPORE Airlines having an image problem among analysts or are the concerns over the future performance of the national carrier real? Looking at its just released interim results and the intense competition it faces
      681 words
    • Article, Illustration
      Yusuf: I didn't consider risks to 1957 settlement
      498 17  -  THE JUMABHOY FAMILY FEUD Second son admits giving approval to ScottsHWgs ventures By Catherine Ong [SINGAPORE] Yusuf Jumabhoy said yesterday he did not think of the risks to the 1957 settlement shares when he approved ventures entered into by the Scotts Holdings
      498 words
    • Article
      Move to change directors
      351 17 [SINGAPORE] Rafiq Jumabhoy and his two uncles, Yusuf and Mustafa, will be applying to court to seek release from an undertaking not to change the directors of certain subsidiaries of Scotts Investments Singapore (SIS). The undertaking was given by parties in the family feud, including Rafiq's
      351 words
    • Article
      LMI stake will expand customer base: Uraco
      196 17 [SINGAPORE] Uraco Holdings wants a controlling stake in US-based Longs Manufacturing Inc (LMI) so it can expand its customer base to machine suppliers in the wafer fabrication and medical equipment industries. The company said in a circular to shareholders yesterday that in doing
      196 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Telekom keen on stake in broadcaster, says report
        207 18 AFP [KUALA LUMPUR] Malaysia's state-owned Telekom Malaysia Bhd says it is considering taking a stake in a broadcasting company, a newspaper reported here yesterday. Telekom chief executive Mohamed Said Mohd Ali declined, however, to confirm speculation that it was considering buying a
        AFP  -  207 words
      • Article
        Lock icon Amsteel unit to buy Bright Steel
        95 18 Bloomberg Business News [KUALA LUMPUR] Amalgamated Containers Bhd, a maker of dry bulk containers, said it agreed to sell its Bright Steel unit for Msl33 million (Ss7s million) to a unit of Amsteel Corp Bhd. Amalgamated said the sale to Akurjaya Sdn Bhd, a
        Bloomberg Business News  -  95 words
      • Article
        Lock icon HK's Noble Group seeks primary listing in S'pore
        501 18 Firm delisted from HK bourse 5 months ago; expects good response here South China Morning Post [SINGAPORE] Noble Group, which delisted from the Hongkong stock exchange earlier this year after being virtually ignored by investors, is seeking a warmer welcome on the
        South China Morning Post  -  501 words
      • Article
        Hero to open six more outlets
        451 18  -  It expects profit margins to rise with improved efficiency From S N Vasuki in, Jakarta RETAILER Hero Supermarket plans to open six new outlets next year and expects an improvement in profit margins due to better space management and efficiency. Hero president-director Ipung Kurnia
        451 words
      • Article
        Lock icon L&G gets nod for sale of unit
        228 18 Bernama [KUALA LUMPUR] Land General Bhd (L&G) shareholders have approved the disposal of the company's entire 70 per cent stake In Bumi Armada Navigation Sdn Bhd (BAN) to Bumi Armada Bhd (BAB) which is seeking listing in the first quarter of 1997. Also
        Bernama  -  228 words
      • Article, Illustration
        Lock icon Malaysia Mining withdraws from Bakun project
        322 18 AFP [KUALA LUMPUR] Listed Malaysia Mining Corp Bhd (MMC) has pulled out of the M 513.6 billion (557.6 billion) Bakun hydroelectric project in Malaysia's eastern state of Sarawak, an official said yesterday. The government's investment arm Khazanah Holdings Bhd is expected to take up
        AFP  -  322 words
      • Article
        Lock icon New Tenaga chief sees revived confidence in firm
        331 18 Reuter [KUALA LUMPUR] Tenaga Nasional Bhd's new chairman has detected a rebound in confidence in Malaysia's statecontrolled power utility, whose credibility has been dented by blackouts and charges of inefficiency. Ahmad Tajuddin Ali, 48, was appointed to head Tenaga in September to
        Reuter  -  331 words
      • Article
        Lock icon Astra to issue bonds worth 400b rupiah: paper
        126 18 Reuter [JAKARTA] Indonesia largest vehicle maker PT Astra International will Issue bonds worth 400 billion rupiah (SS24O million) to restructure its short- and long-term loans, Bisnis Indonesia newspaper reported yesterday. The daily quoted presidentdirector of PT Danareksa Securitas Agus Projosasmito as saying
        Reuter  -  126 words
      • COMPANY Briefs
        • Article
          Avimo points to US optics exposure
          60 18 [SINGAPORE] Avimo Group said yesterday its proposed acquisition of US-based Amarel Precision Instruments will expand the group into the growing markets of high-quality commercial optics. In particular, Amarel provides a platform for growth in the important US market, Avimo said in a document to
          60 words
        • Article
          SembFood lifts Macondray holding
          45 18 [SINGAPORE] SembFood Pte Ltd, a wholly-owned subsidiary of SembawangCorp, has been allocated an additional 1.5 million shares of $1 each in Macondray Corp for $2.3 million. This raises SembFood's shareholding in Macondray to 24.46 per cent of the issued share capital.
          45 words
        • Article
          LKN unit increases stake in hotel firm
          76 18 [SINGAPORE] Augustland Sdn Bhd, a member of listed Lim Kah Ngam group, has increased its investment in Augustland Hotel Sdn Bhd by subscribing for a further 2.25 million redeemable preference shares of Msl each for cash at par. Augustland Sdn Bhd now holds
          76 words
        • Article
          Lock icon Co-op to buy 32% Systematic stake
          53 18 Renter [KUALA LUMPUR] Education centre operator Systematic Education Group Bhd said yesterday its chairman Axmi Wan Hamzah and managing director Yeoh Ah Tu have agreed to sell a 32 per cent stake in the firm to a Malay officers' cooperative for M 110.53 (555.95)
          Renter  -  53 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Jardine, SHK Prop tie up with Goodwill
        127 19 Reuter [HONGKONG] Jardine Fleming Holdings and Sun Hung Kai Properties said yesterday they will each take a 30 per cent stake in the financial services businesses of Goodwill Investment (Holdings). Goodwill will retain a 40 per cent interest in the venture, a statement
        Reuter  -  127 words
      • Article
        Lock icon Lower DRAM prices, US unit dent Acer profit
        247 19 PC maker's 9-month earnings slide 36% to NTs2.22b Bloomberg Business News [TAIPEI] Acer Inc, the world's seventh-largest personal computer makec, said net profit fell 36.4 per cent in the nine months to September because of lower prices for its DRAM memory chips
        Bloomberg Business News  -  247 words
      • Article, Illustration
        Lock icon KDD shares dip on concern over AT&T competition
        360 19 AT&T to provide call-back service for long-distance market Bloomberg Business News, Reuter [TOKYOI Shares of KDD, Japan's largest international phone company, fell more than 4 per cent on concern increased competition from AT&T Corp of the US will hurt earnings. KDD's stock
        Bloomberg Business News,; Reuter; Source: Bloomberg  -  360 words
      • Article
        Head of Thai firm charged with falsifying accounts
        368 19  -  Ailing developer Somprasong Land's chairman surrenders to police From Loh Hui Yin in Bangkok THE chairman of listed Somprasong Land, Prasong Panitpakdee, has been charged with falsifying accounts, causing the company to lose 127 million baht (Ss7 million). Prasong surrendered himself to
        368 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon SGS-Thomson chief sees chip market growth in mid-1997
        404 21 World glut easing after massive overproduction AFP. Reuter [TOKYO] The world semiconductor crisis may be over, according to SGS-Thomson chairman Pasquale Pistorio, who has predicted market growth from mid-1997. He said yesterday that the world glut in micro-chips had eased after going
        AFP.; Reuter  -  404 words
      • Article
        Lock icon Computer industry Walloons vie for network systems
        392 21 LAT-WP [NEW YORK] Like car drivers revving up for a race, hightechdom's industry leaders are letting loose a stream of announcements this week, all aimed at proving their companies will lead what they hope will be the next technology trend: low-cost devices that
        LAT-WP  -  392 words
      • Article
        Lock icon Amex Q3 earnings rise 10% to US$458m
        289 21 Investment services unit outperforms credit card operations Bloomberg Business News [NEW YORK] American Express Co says third-quarter earnings have risen 10 per cent, as its investment services unit continues to outperform its credit card operations. The finance and travel company said on Monday
        Bloomberg Business News  -  289 words
      • Article
        Lock icon UK power group faces hostile bid
        262 21 FT [LONDON) Northern Electric, the UK electricity supplier, on Monday faced its second hostile bid in two years as CalEnergy. an independent US power producer, launched a £766 million (SSI.7 billion) offer. CalEnergy also scooped up 12.88 million Northern shares, a stake of nearly
        FT  -  262 words
      • Article
        Lock icon NYSE considers US$100m expansion
        183 21 Bloomberg Business News [NEW YORK] The New York Stock Exchange may spend US$lOO million (Ssl4l million) to expand its current site as trading and new listings on the Big Board grow. The NYSE, which also has considered moving to another location, is studying a plan to
        Bloomberg Business News  -  183 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon German banking groups' talks may lead to merger
        297 22 FT [BERLIN] Bankers in Berlin said on Monday that talks between two of Germany's large regional banking groups could lead to a merger that would create the country's secondlargest bank, with assets over 500 billion deutschemarks (***** billion), and would strengthen Berlin
        FT  -  297 words
      • Article
        Lock icon Banks agree to probe into Nazi victims' accounts
        160 22 FT [LONDON] Swiss banks have agreed to the most sweeping investigation ever into their secretive banking practices, givMg independent auditors "un%ttered access to all relevant files" about the dormant accefents of Nazi victims. fee auditors will be asked to discover whether the
        FT  -  160 words
      • Article
        Lock icon Hamanaka admits forging documents for copper trades
        292 22 Bat he denies manipulating the copper market Reuter [TOKYO] The former star trader of the world copper market, Yasuo Hamanaka, has admitted he forged documents relating to Sumitomo Corp's multi-billion dollar trading losses, one of his lawyers said yesterday. "At this time, Hamanaka
        Reuter  -  292 words
      • Article, Illustration
        IFC to form guarantee insurer: Hu
        555 22  -  Second such firm part of efforts to establish STpore as a provider of development capital From i Quak Hiang Whai in Hongkong A SECOND financial guarantee insurer in Singapore formed by the International Finance Corporation and a consortium of regional financial institutions will be
        555 words
      • Article
        Lock icon JGB hit by strong industrial data
        234 22 nimtin Report Reuter [SINGAPORE) Simex Euroyen futures were weaker but kept their composure despite a drop in Japanese government bond (JGB) futures yesterday following the release of stron-ger-than-expected industrial output data. Japan's Trade Ministry said the country's industrial production rose a preliminary 1.0 per
        Reuter  -  234 words
      • Article
        Lock icon CURRENCY REPORT
        165 22 Reuter, AFP London THE dollar recovered some composure after suggestions that German interest rates might have to rise pulled it below key support. Germany's six leading economic research institutes said that rates were at appropriate levels now, but should be raised if M 3 money supply growth remained
        Reuter,; AFP  -  165 words
      • Article
        Lock icon Asia's growth will spur Mid-East oil imports
        310 22 ENERGY REPORT Reuter Booming refining capacity in the Asia-Pacif-ic region by 1998 would spur higher crude oil imports and lead to greater dependency on Middle East supplies, an oil analyst said yesterday. Asia was expected to add about 1.4 million barrels per day
        Reuter  -  310 words
      • Article, Illustration
        Untitled
        1418 22 jfTBRBAMg CROSS RATES Oct29 AS CS ffc ECU ftr Om m Yw Wow MS msNfcts Hio S$ ami Sir tm 8att *wd us$ Australia 1063 6178 0.626 4.050 1199 6.R0 28.173 ***** 0.902 6.582 1906 1120 ***** 20.771 LH9 3.704 0.994 ***** 20J76 0.49f 0.790 Canada 0.941 6.187 0.589 3.811
        1,418 words
    • Article
      COMMODITY PRICES
      1574 23 MCOM WFTUEBB RUMCI (Mira dosaq ts«5.30»«J KS1 CONTRACTS c*«toA«) CtoM HojOi U« Sttt (te—ei) mttrtw S7S n*oo 4» OK 181.25 »0.00 *1.00 200 1325 JM97 184.25 182.50 »4.» 400 U75 T* 97 185.75 *4.00 *5.75 400 J50 mja E* 58 35? jSfeff ***** 190.00 1«9.00 510 4260 Oct/Dcc
      1,574 words
    • Article
      Lock icon TOKYO
      1597 23 AFX-Asia H Nikkei 226 *7U7 SHARE prices closed higher yesterday, buoyed by ftitures-led gains through much of the day, along with scattered buying support in the cash market, brokers said. The 225-share Nikkei Average closed up 72.67 points at 20,958.08. The December futures closed down 30 at 20,940. Volume
      AFX-Asia  -  1,597 words
    • Article
      WORLD STOCK MARKETS
      2198 23 LOWPOtt Oct n hfrilildi no AB Ports 277.400 *2.400 Abbey National -637 ♦> AMed Domecq 479 5600 Amoc 105.400 .400 Asda Croup 112 *2 BAT Ind —434 400 BtCC 294.400 1 BOC Group 862 -1.400 BR Petroleum 663.400 "3.600 BTR 252.400 "3.600 Bonk of Scotland 280 -5.400
      2,198 words
    • Article, Illustration
      Lock icon HONGKONG
      1637 24 AFX-Asia n Hang Seng -70.60 SHARE prices closed lower yesterday on profit-taking with the market continuing its recent period of consolidation. The Hang Seng Index closed down 70.60 points at 12,192.17 on turnover of HK55.52 billion. Hopewell and Cepa were the focus of attention with YTL Corp due to
      AFX-Asia  -  1,637 words
    • Article, Illustration
      Lock icon CHINA
      661 24 Reuter QShenzhen B Share Index +0.99 SHENZHEN'S B Share Index rose yesterday on demand for Shenzhenbased counters and the A Index fell slightly in record turnover. The B Index rose 0.99 point to 91.29, with turnover increasing to HKSIB.2I million from HK514.38 million on Monday. Brokers said the rise
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  661 words
    • Article
      Lock icon TAIPEI
      400 24 AFP □WPW« -feo6 SHARE prices finished 1.0 per cent lower yesterday as market sentiment turned bearish. "Investors rushed to sell their stocks while the market was undergoing a downward correction," said a trader. The TSE Weighted Price Index fell 65.05 points to 6,359.67. Turnover was 1.02 billion shares worth
      AFP  -  400 words
    • Article, Illustration
      Lock icon JAKARTA
      771 24 AFP Index +0.48 SHARE prices closed slightly higher yesterday despite some profit taking, brokers said. "The index was off in earlier trade but in thin volume. It is not just particular to our market, it is pretty much across the region," a sales executive with a Japanese brokerage said.
      AFP  -  771 words
    • Article, Illustration
      Lock icon BANGKOK
      837 24 AFP n SET late -MS SHARE prices closed lower yesterday in lacklustre trading as investors were sidelined ahead of the release of key economic data later this week, brokers said. "Had it not been for big lot transactions, the volume would have been the thinnest for the year," said
      AFP  -  837 words
    • Article
      Lock icon MANILA
      320 24 AFP Q Manila SHARE prices rose 1.8 per cent yesterday on a technical rebound following falls in the previous two trading days, brokers said. The PSE Composite Index gained 52.25 points to 2,904.41. Turnover was 13.2 billion shares worth 2.5 billion pesos. Philippine National Bank fell 12.50 pesos to
      AFP  -  320 words
    • Article
      Lock icon SEOUL
      409 24 AFP P Composite Index -13.76 SHARE prices closed 1.8 per cent lower yesterday, weighed down by gloomy economic reports and poor liquidity. The Composite Index fell 13.76 points to 766.32. Turnover was 25.5 million shares worth 442.4 billion won. Falls beat rises 782 to 138. Second liners were the
      AFP  -  409 words
    • Article
      Lock icon SYDNEY
      609 24 AFP QAU Ordinaries -ILI SHARE prices eased yesterday, weighed down by ailing blue chip stocks and negative sentiment from Wall Street, brokers said. The All Ordinaries Index shed 11.1 points to 2,323.0. Turnover was 368.2 million shares worth A 5661.4 million. Resource giant BHP slipped six cents to AJ16.79,
      AFP  -  609 words
    • Article
      Lock icon WELLINGTON
      276 24 Reuter □Wellington -32.72 SHARES fell 1.4 per cent yesterday. The NZSE-40 Capital Index dropped 32.72 points to 2,294.48 but two thirds of that could be attributed to Telecom's nine-cent slide to A 57.15 as it went ex-div. Reuter Oct W Ut (000) AN2 Banking 8.08 unch ***** AOvant*q** Hktgi
      Reuter  -  276 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Major players stay away
        8277 25 AFX-Asia C 3 Composite Index -L 24 SHARE prices closed lower yesterday on profit-taking with major players sidelined, dealers said. However, they said there are signs that the index will soon return to positive territory as the negative post-budget reaction works has worked its way through.
        AFX-Asia  -  8,277 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2387 26 MALAYSIAN STOCKS Gr Or 1996 Last Vat Day Last Ouata Mv Mv YM Nat M Cap Htgh Lao Stna Cimpany I* COOP) Htgh Lao fciyr SaPar Cvr P/I $mM 62S 360 mt 5000 AIS8 50C 438 cd unch 8 43S 438 424 440 5.0 4.9 03 9U 449.3
      2,387 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1235 27 TutttovcK rooe) vAnnrooo) w» am Tim »w Til k*Mtrt« 31.917 MM »TM JJMTt WM J3V99 PlMKf 34TT 4.444 7,9*3 324J4 74W 40.079 HMM4 430 1440 140* 1434 |»J PT»»rtlM 2.449 4.024 M*5 14.041 4,4*7 PlMttMn 2.322 2422 4.723 4,723 Maim US 13S 3*0 340 fur 3.440 2.431 4.071 IMS 2403
        1,235 words
      • Article
        MAIN BOARD
        4418 27 Of Of M wt mm Last Vol 0«v Last 0m(« DW Ohr TK NjM C» Avf I—I Low MNo CMMm SM COOP) J«* —_«*L £w_%_Wt M» MMSTVIALS 5146 ASE NTStO 200 US- 1000 900 ASF US$0.***** US900 0 0 Six 214 16S 125® Ac.rSOc US177 -1 7 '77
        4,418 words
      • Article
        SESDAQ
        926 27 Or Or M VTt IfM LMt VI Bar Kit OwM M* Hi W M Cm A v» Htfk Lao UNI C<m»»ny Ml *h fWi> 110 L— 6»yar Uttm Pw H Wl $■> Ww 289 135 2000 ABRHMqsSc 164 »1 36 184 180 176 \«4 3 0 14-2 0.1 115.0
        926 words
      • Article, Illustration
        HOT STOCK
        67 28  -  bf Ven Sreenivasan KL-USTED Inchcape Timuran, which closed 25 cents lower at M 58.35 yesterday, is likely to head further down this week on falling volumes. However, the technical indicators point to support for the counter at MJ7.90, after which it could make another attempt to breach the
        67 words
      • Article, Illustration
        Weak Dow, post-M'sian budget blues dampeners
        871 28  -  STOCK MARKET COMMENTARY Prices and sentiment also take knock from disappointing SIA interim results and uncertain earnings outlook R Sivanithy [SINGAPORE] The stock market yesterday continued to labour under the strain of an uncertain earnings outlook and post-Malaysian budget blues, with prices ending largely
        871 words
      • ON THE GRAPEVINE
        • Article
          Desperately seeking excitement
          87 28 A SENIOR executive in the healthcare industry was recently overheard debating over dinner the merits of working in Singapore vis-a-vis Hongkong. Hongkong's dailies may have stories of robberies and hold-ups splashed across their front pages, but headlines in the Republic's newspaper in the past month have been
          87 words
        • Article
          Royal jam
          122 28 BRITAIN'S Queen Elizabeth II and Prince Philip are in Thailand to celebrate King Bhumibol Adulyadej's 50th anniversary on the throne. Office workers in downtown Bangkok are busy strategising their work hours and travel routes tomorrow when the British royal couple will be at a function at the Grand
          122 words
        • Article
          Telescoping time
          118 28 TALK about managing expectations. At a conference in Hongkong yesterday on Singapore financial markets, renowned accountant and former Hongkong legislator Peter Wong had this to say to Hongkong's prospective equity issuers: "Do not believe quite everything that the Singapore officials tell you. However conscientious they may be. they
          118 words
        • Article
          Preaching the UBS motto
          79 28 PAUL McCULLEY, chief economist of the Americas for ÜBS, told a seminar that his preacher father gave him some pointers on how to pitch his sales. As a preacher, McCulley senior always stuck to three points: stop sinning, do good and give more money. McCulley junior
          79 words
        • Article
          All bets off
          76 28 AT THE same seminar, Chris Carter, ÜBS head of global equity strategy said that since July, the behaviour of the markets, especially Wall Street, has made it tough to offer a strong message and he has decided to close all bets. Advocating a coward's portfolio, he says,
          76 words
        • Article
          Doctor-patient ties
          88 28 Talk about cultivating doctor-patient relationships. This paper's Bangkok correspondent received an invitation to attend the BNH Hospital's opening ceremony on Nov 4 to be graced by Princess Maha Chakri Sirindhorn. Our correspondent's connection with the established BNH Hospital started three years ago when she was hospitalised after a
          88 words
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      Page 17 Advertisements Column 1
      194 17 v Come to where the business is... in the Centre of Asia. 4Mh-, si No matter what your particular requirements are, the Singapore International Convention Exhibition Centre is ready to accommodate you. We have a choice of 26 Meeting Rooms which can seat from 20 to 460 people, while our
      194 words
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      Page 18 Advertisements Column 1
      232 18 Coopers Fraud White Collar Crime &Lybrand Directors' Responsibilities A seminar for directors, lawyers and bankers WITH the increase in white collar crime and the growing sophistication of society, no organisation can afford to be complacent about the risks of fraud being committed by individuals or groups working inside or outside
      232 words
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      Page 18 Advertisements Column 2
      114 18 J'HU;I.M FOR SALE BOUTIQUE HOTEL BRISBANE AUSTRALIA The luxuriously furnished 5 star quality Powerhouse Boutique Hotel features: High yielding and excellent profitability 91 i mmoculateJy furnished guest rooms including 3 suites i 2 restaurants, 3 bars, swimming pool and gymnasium 300 sqm of function room subdivisible into 4 rooms Adjoining
      114 words
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      Page 19 Advertisements Column 1
      376 19 HIGH YIELD RETAIL INVESTMENTS ADELAIDE, SOUTH AUSTRALIA •3 EXCELLENT TENANTS 1 GREAT LOCATION' ap. in J|. Mali 361 KENSINGTON RD. KENSINGTON GDNS. u,lu,c 1 UMI Thrivmj 7 Day Convener™ Centre I H Large Modern Shops Current Renal AJ270.000 pi (approx) Building 700 m' (approx) F rentage Land 2800m 1 (approx)
      376 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      500 20 I Mr Tboo Chye Sang, Chief Engineer, TV Design of Hitachi Consumer I Products (S) Pte Ltd., married with an 8-year old son. I -jf I i&M 1 <u jw IsffiifM? I j> MI. «JV' fIK A M JJWjM TBsg; I SNH^^B'S W ———J ->SJfr 1 I* Til, 1 II
      500 words
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      Page 21 Advertisements Column 1
      54 21 Total Facilities Management Company Established 35 years Leader In Field Business Increased 30% per annum on Average Since 1990 Contracts Established With Government Departments Public Companies (Aust) Multi-National Companies Quality Assurance Program throughout the Company Company Based in Australia PRINCIPALS ONLY Contact Michael Bristow PO Box 86 Armadale. 3143 Victoria,
      54 words
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      Page 21 Advertisements Column 2
      116 21 FedEx Asia One. Door-to-Door. Overnight, over Asia. lilllWH I B w I ISO I H I K II I I I I I Bk IB fl WfcM B" m B B 1 (y ggjjl w 11 o T Rxprcss i||Kr B M BHH V^« Asiane I? Only a world leader
      116 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      76 24 All you need to do is take out a Special Feature in our group of newspapers. Not only is it an effective way to celebrate your special events and milestones; it is an excellent opportunity to increase your corporate profile to the people who matter your potential customers and business
      76 words
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      Page 25 Advertisements Column 1
      28 25 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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      Page 25 Advertisements Column 2
      60 25 TRADING ROOM FURNITURE HHHHpwp Our dealing and broking workstations are designed and manufactured in the UK by OAS -j k Specialist Business Furniture, the fastest JMHiir 9 rowin 9 tiding room furniture supplier. I Whatever your requirement, we can help and support to achieve your needs. VS9TIHiPiK9W¥¥W Marketing Pte Genting
      60 words
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      Page 26 Advertisements Column 1
      33 26 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai IUEEITI W 45 times weekly. Enjoy gourmet food, vintage IRhES wwEClvLw French wines and a standard of service that's
      33 words
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      Page 28 Advertisements Column 1
      341 28 BUSINESS Notices 1 A"NIR 1 1 S K (A 1 1 I°'■l- 1 K K K 18 00- 7 4 I IS S 3 NOTICE IS HEREBY GIVEN that, I Chiu Jiar Kang of 31 Jalan Jambu Mawar Singapore *****1. have applied for a Public House First Class (extended) in
      341 words
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      Page 28 Advertisements Column 2
      315 28 NOTICE IS HEREBY GIVEN that, I Silvia B Hollenstein of 2 Leonie Hill Road #21-03, Singapore *****2, have applied for a Wholesale Liquor Shop in respect of M/s Encore International Franchising Systems Pte Ltd located at 302 Orchard Road #18-018 Singapore *****2, and that this application will be considered by
      315 words
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      Page 28 Advertisements Column 3
      336 28 LIQUOR LICENCE APPLICATION NOTICE IS HEREBY GIVEN that, I Ng Gek Ling of Blk 121 Paya Übar Way #07-2801 Singapore *****1, have applied for a Beer House, First Class in respect of M/s Kopitiam (LPS) Pte Ltd located at 18 Raffles Quay Lau Pa Sat Festival Market #01-45/46 Singapore *****2,
      336 words
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      Page 28 Advertisements Column 4
      222 28 Singapore Business -Giving you the winning edge NOTICE IS HEREBY GIVEN that, I Chan Fan Sheng of 226 Bishan Street 23, #02-97 Singapore *****6, have applied for a Ist Class Beer in respect of M/s Tea Lovers Home located at No: 82 Circular Road Singapore *****4, and that this application
      222 words
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      Page 28 Advertisements Column 5
      455 28 IN THE MATTER Of THE COMPANIES ACT. CAP. M AND G S REALTY PTE LTD (In Members' Voluntary Liquidation I Al an Extraodinary General Meeting of the abovenamed Company duly convened and held at I North Bridge Road #14-10 High Street Centre. Singapore *****4 on Thursday 24th October 1996 at
      455 words
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      Page 28 Advertisements Column 6
      343 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 91 And IN THE MATTER OF YINC (SAC) LEISURE PTE LTD (In Members Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 301(2) of (fee Corapania Act. Cap. SO. that the Final Meeting of the Memben of the above-named Company will be
      343 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      297 29 Bridge News Reuter RATES remained firm, but little was reported in a typically 'Mondayish' start to the week, brokers said. After an initially slow but weaker opening, futures had a surprisingly fctive day for a Monday, Clarkson Wolff said in its daily Biffex report. The Baltic Freight Index
      Bridge News; Reuter  -  297 words
    • Article
      MARITIME STOCKS
      207 29 1— 032 -0.005 *3 BK*' 111 1 mS St IWflLMl 039 -0.005 6 MNaMnfi 0.91 *O.Oi M MtalMp OM -0.005 tM ftmtiw OJt *ouOi n WMMhli HN Il60 THllliIMp mi undi 19 Sim __«30 -a 10 «M fiwlcw* ia4 *ato i*7 ■■Mi __LM «nch M Hi—- L» -0.02
      207 words
    • Article
      IMO's HNS Convention gets a boost from UK
      502 29  -  First country to work towards ratifying Intl Convention on Liability and Compensation From David Hughes in London AN international compensation scheme for maritime disasters took a big step forward, when the UK signed two instruments of the International Maritime Organisation the first
      502 words
    • Article
      Lock icon London gets tough on marine pollution
      200 29 Bill to give British govt more power to fight pollution Reuter [LONDON] The British government is strengthening its power to prevent and control marine pollution from merchant shipping and deal with questions of liability and compensation. The measures will be included in a Merchant
      Reuter  -  200 words
    • Article
      Owners may have to pay to scrap their ships sooner or later
      755 29  -  STRAIT TALK By\ Seafarer IN shipping good news has always got to be put in context. There has been quite a bit of good news for bulker owners in the last couple of weeks. The Baltic Freight Index
      755 words
    • Article
      Famous Freight planning to sell chicken rice
      320 29  -  Restaurant at Telok Ayer to open next month By] Felix Chan [SINGAPORE] Logistics group Famous Freight Forwarding is literally serving up chicken rice. It is going into the food business with the opening of a restaurant next month at Telok Ayer specialising in
      320 words
    • Article
      Lock icon Piracy attacks in Jan-Sep down slightly at 125 cases
      310 29 Bridge News [KUALA LUMPUR] Piracy on the high seas throughout the world dipped slightly to 125 cases from January to September, with Indonesia still recording the most cases. The Kuala Lumpur-based International Maritime BuSu (1MB) said in its latest piy report
      Bridge News  -  310 words
    • Article, Illustration
      Lock icon Complete overhaul for Club Med II
      48 29 [SYDNEY] Club Med 11, the world's largest sailing ship, passing the Sydney Harbour Bridge on its way to the dry dock. The 179-metre luxury resort vessel will be completely overhauled below the water line before departing for Noumea on Nov 15. AFP
      AFP  -  48 words
    • Article
      Lock icon EU expected to fine 5 ferry operators
      175 29 Reuter [BRUSSELS] The European Commission is expected to fine five ferry companies today for allegedly operating a price cartel in 1992. European Union sources said on Monday the EU executive was due to impose penalties on the ferry operations of Peninsular Oriental Steam
      Reuter  -  175 words
    • Article
      Changshu port now open to foreign ships
      88 29 [NANJING] Changshu port, a project matched to the Singa-porean-invested industrial park in east China's Suzhou City, has formally opened to foreign vessels. In response to the opening and development of Shanghai's Pudong New Area, Changshu has implemented a strategy of "invigorating the city
      88 words
    • PORT Shots
      • Article
        Evergreen takes over from Uniglory
        59 29 (TAIPEI] Taiwan's Evergreen Group is to transfer overall responsibility for its Far East-South Africa-South America service from Unlglory to Evergreen. Evergreen says there t win be some service changes later this year. Unlglory started operating its Far East-South Africa trade In March 1903 and extended
        59 words
      • Article
        ICB orders tanker from Daewoo
        71 29 [STOCKHOLM] Sweden's ICB Shipping said it bad ordered a 158,000 deadweight tonne suezmax tanker from South Korea' s Daewoo yard with an option to buy one further tanker at the same price. No price was given. The vessel will be delivered in the middle of
        71 words
      • Article
        Lock icon KTMB expects M$100m freight revenue
        73 29 Bernama [KUALA LUMPUR] KTM Bhd expects its freight revalue to' touch the Msloo million (*****.6 million) mark this year T with the growth contributed by its container service in the coming years. KTMB managing director Abdul Rahim Osman said: "The container service, which presently contributed
        Bernama  -  73 words
      • Article
        Cargo packaging venture in Thailand
        105 29 [TOKYO] Nittsu Shoji Co will participate in a cargo packaging joint venture to be set up in Thailand in December. Nikkei English News reported last week that Nittsu Shoji (Thailand) Co will be capitalised at 53 million yen (SfM4,BOO), with Nittsu Shoji owning 29 per
        105 words
    • Article, Illustration
      Lock icon Reducing human error is key
      1096 30  -  SttIPPIMO ACCIDENTS: WAYS OF PREVENTION A policy for safety at sea which does not take human error into account will never lead to a major reduction in Occidents, however successful it might be in mitigating their effects By' William O'Neil The writer is secretary-general of
      FILE PHOTO  -  1,096 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      405 30 PACE Ethiopian 6 AEKkean 16 turo««H 6 14 y f 9 rwfl AFTSfcpq M Fl-Bright AM. j «C 15 M t Famous 7 t Accord 8 fuvMi 14 Ahrenfcioi 4 Foon<! Sur A aykAjif Kin J J*"* J Frt Links 13 Austral 9
      405 words
    • Article
      SHIPPING GUIDE
      11120 38 EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone I SIN DMt'n Name Nam* Number Number SIN Oestn Name Nam, Number Number 01/1 M/l Samudera NOROKAP 402 bl-UHM A U/l VI Multiline VANESSA IN HUS31] 02/1 */l MOL OCEAN SINCERITY 0OT3A *****0** TO AB
      11,120 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        675 45 »«wl Vay Mo Btrtfc Arrtwi jglrtw UiaMlin i m ««M »KV*51 Ma MM m JOZ MM JOB.-XX H MM MOM JM MoMi o#oc Mate J OJMM JOI Ml up Hi 30 B/OOOC Imi#PMiii JO MapMl WK30C r MM JO* *«HI (MVOMC lata 1 am JO M* JO-B/ivx MM
        675 words
      • Article
        CONTAINER SCHEDULES
        1590 45 RECEIYW6 OF EffWT FCt COHTAMERS AND La CARGO Boofctof/Manc* tstts SMp Voy Ite Etfc/ttr Ptrtrt frow To Frow ka VMM OH* 0V2JH WOO WW WW u nrmc *vo*i» xvotoc j 30/0790 so/rm 3o/v«oo 4 JOTN W/WW WOO Mj Him MOT moo i 2VBW 2VHW ?V*OC ZSA700 9mOWC 1
        1,590 words
      • Article
        GLOBAL HOLIDAY
        182 45 a* si Taiwan Birthday of President Chiang Kai-shek (1887) observed as Veteran's Day. Slovenia: Reformation Day. Notl Austria, Belgium, Croatia, France, Italy, Luxembourg. Poland, Slovakia, Spain, Ivory Coast, Lebanon, Mauritius, Peru: All Saints Day. Chile, Guatemala, Mexico Day of the Dead. Slovenia: All Souls' Day. Mot 2 Ecuador,
        182 words
      • Article
        COCKETT BUNKER MARKET REPORT
        871 45 THIS report. compiled by Cockatt Maria* Oil Ltd. *how* price range* la US doltori instead of duct* prlcee tor a mar* comprehensive deecrlption of the amrkat Prlcee iton arc baaad on awwai ilmcl item Markat awtarau are tad tea tad The Cockatt Bunker Price Index change
        871 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        412 45 Cartaa MO Mm 992.6 14 174 0.10 UO att» P-afty —tor >wWw Art <WMi 5itei« 0cMom£2S 10 10 0 0 %HM 300 Am 9074 0J UJ 0.07 Jl 0.00 Com 300 Hn 99L5 U W4 04 51 0.00 mAn »mom63S 2 110 0 0 ISO/CMoc 1Mb
        412 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon McDonnell shelves plans for long-range plane
        419 46 ttD-XX programme grounded doe to increasingly competitive pricing pressures Washington Post [LOS ANGELES] McDonnell Douglas Corp on Monday scrapped plans to develop a long-range commercial jetliner that would have allowed the company to compete head to head with aerospace giants Boeing Co and Airbus
        Washington Post  -  419 words
      • Article, Illustration
        Lock icon Divers recover almost entire TWA wreckage
        361 46 Bat crucial drain solving the crash still missing NYT [SMITHTOWN, New York] Nearly three and a half months after Trans World Airtines Flight 800 exploded and crashed into the Atlantic Ocean, officials said on Monday that they expected the huge diving operation that has
        NYT; REUTER  -  361 words
      • Article, Illustration
        Lock icon Australia, Papua New Guinea to open new air routes
        248 46 AFP [CANBERRA] Australia has secured a deal with Papua New Guinea to allow new entrants into the air corridor between northern Australia and Port Moresby, Transport Minister John Sharp said yesterday. Capacity will almost double on the corridor, now served only
        AFP; AUSPIC  -  248 words
      • Article
        Lock icon US court hears Gin's racketeering claims against VW
        299 46 Reuter [DETROIT! General Motors Corp's US industrial espionage lawsuit against Volkswagen AG moved a step forward on Monday as a federal judge heard arguments over GM's racketeering, copyright and trademark infringement claims. US district judge Nancy Edmunds in Detroit said she will
        Reuter  -  299 words
      • Article
        Lock icon Most air business travellers favour smoking ban
        325 46 lata survey also finds rising demand for inflight phones Reuter [GENEVA] Two-thirds of business passengers flying the world's airlines favour a total smoking ban on all international routes and a further 11 per cent want it banned on most flights, the global industry
        Reuter  -  325 words
      • LOG Book
        • Article
          Qantas,BA launch second fare promotion
          85 46 [SINGAPORE] Qantas and British Airways have jointly launched a second Global Offers promotion—a selection of fare offers for consumers offering discounts of up to 30 per cent to IS cities in 5 countries, following the success of the inaugural launch earlier this month. Global Offers
          85 words
        • Article
          Swissair Cargo to start service to S'pore
          66 46 [SINGAPORE] Swissair Cargo will introduce a twice weekly full-freighter service between Singapore and Geneva starting tomorrow. Having a total cargo capacity of 70 tonnes (430 cubic metres), both west-bound flights will make a scheduled stopover in Madras and Dubai before proceeding to Geneva.
          66 words
        • Article
          Lock icon HK$5b loan for airport rail project
          85 46 AFP [HONGKONG] The developer of a railway station complex for Hongkong's airport at Chek Lap Kok said on Tuesday it had sealed a syndicated loan 0fHK|5.037 billion (SIBIS million) for the project. Union Charm Development Ltd said the loan would be provided by 22
          AFP  -  85 words
        • Article
          Lock icon MAS to launch air service to Yangon
          55 46 AFP [BANGKOK] Malaysia's leading airline is to launch a regular twice-weekly commercial service to Myanmar next month. Malaysia Airline System Bhd will operate direct flights between the two capitals with the first flight scheduled for Nov 12, Radio Rangoon said in a broadcast
          AFP  -  55 words
        • Article
          Lock icon Ford Canada, union resume wage talks
          62 46 AFP [TORONTO] Ford Canada management and union representatives resumed negotiations here on Monday on a contract to cover workers, hoping to reach an agreement by the middle of next week. Ford is the only Big Three US car maker in Canada which has yet
          AFP  -  62 words
      • Article
        Lock icon Hyundai lakes on the Japanese in bid to be top-10 global car maker
        323 46 Reuter [SEOUL] Hyundai Motor Co Ltd's US$6 billion (SsB.4 billion) investment plan to become a top-10 global player is a gamble likely to pay off, analysts said. The country's number one car maker announced last week it
        Reuter  -  323 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1307 46 CITY FUSHT ETA FU6HT ETP 10iWH S0442 2000 i MISM WDO fliiUtti S0229 2220 <—fcwHC MUSMO WOO II— nj»2 M45 MP 2225 imi*" ***** 200 SOOIO J020 A*$teriee so327 0620 BIM 0025 MmmI VW741 1310 SOT76 U30 nia 1030 S1A??# 2320 S0I75 1910 VW740 WO GA893
        1,307 words
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      Page 30 Advertisements Column 1
      1142 30 1 r 111 —r— mm mmm u on m si mi ok nr BOBODatr I mm tmaa 355 KM 818 MM I Mil 55 CT t ti/ti I tl/ii ——i 77n UMMY Ml M/M U/ll IS/11 17/11 M/ 11 M/ 11 M/ll M/ 11 M/ 11 W/ll M/II H SJmMM
      1,142 words
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      Page 30 Advertisements Column 2
      551 30 Singapore Fratyt Foranftfara' Unas A MfvtoM npnwM by Membws of tie HegWy of AociwflM Shipping Agar*, ffpow HUond SWppmg A—oc Send out 48,000 copies of your sailing schedules «S«giH^K around Asia. Place an ad in... Shipping Times Jut talk to ua... Irla Lim 740-2044 Tan Lip Choan 740-1646 Jarrod Leong
      551 words
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      Page 31 Advertisements Column 1
      936 31 EXPORT TO: I TO: JEDPAH/UK/CONTINENT VISStL VOY SM JCD rOAM WWK fHAVW STOR L» ALSO ACQPTIR6 CARGO F0«: NfDUOTV ANOKA $434 11/11 n/11 24/11 GLASGLOW, GRANGEMOUTH I MAM 1434 01/11 17/11 It/11 22/11 23/11 AND SOUTHSHIILOS I OOaFtANQ 3434 02/11 22/11 21/11 10/11 10/11 I m 3444 07/11 20/11 24/11
      936 words
    • Advertisement
      Page 31 Advertisements Column 2
      2274 31 HANJIN SHIPPING USA CAMAOA* IMMMA/VOT MM Wt MA IM I M fQP ICM] WT MIM I MR Hi |MR T NIC OW T¥l T m T* j IKWO H.ICMMOMMMH M/M 11/10 >1/11 B/11 B/11 14/11 M/ 11 M/ll B/11 B/11 B/11 B/11 8/11 M/ll 17/11 B/11 B/l~ 17/11 B/11 g/11
      2,274 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      989 32 \GSL DSRSCMATOR jiMfc Round the World Container Services I «(JT TST Kill IMV I tun IFU I ant iha ffnfi voi Ilm* «tw wv ham fu wuio-am** Lkt|m.w "51T iili" *ii" IaTT cnov«m«umy bmT mmitit mm mm tin un *n tOtCMHJT ——I |MM |*N >1.11 8.11 1111 *11 2t.11 Z7.11
      989 words
    • Advertisement
      Page 32 Advertisements Column 2
      1343 32 I NORASIA I I VESSEL VOYMM MO. OOALAS BCLVALALONOT ANT PELLHA I MSCCAALA MC4 I*ll WII I*ll 2*ll 17/11 24/11 2*ll n/11 22/11 22/11 24/11 I NOR FRIBOuRG NAM S*ll *7/11 22/11 27/11 2*ll SI/12 12/12 2*ll 2*ll 2*ll >1/12 I NOR HONGKONG ***** I*ll I*ll 2*ll >*11 >1/12 I*l2
      1,343 words
    • Advertisement
      Page 32 Advertisements Column 3
      401 32 Direct Container Servicl" to J: Fangcheng fj Zhanjiang ~|j Vessel S'pore Fanycheng ZfeaojiaAff UANBAO 02/11 07/11 09/lt^,l I < t*r\ /VOffTRANSr Tlb« ttg3tt7___FAfcM-?240W0 Wirfti-Pwpose RO/L0 Carrier Accepting: RO/RO, Ramp Capodty tptc 40 torn > Heavy Lift opto 6L5 torn TfcriflhyStafvs Mibpw VJtt SMB 31-03/11 10-31/10 00 00/11 VHA OMO/11 11-14/11
      401 words
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      Page 33 Advertisements Column 1
      1332 33 [S^^^TRAIT^HIPPIN^rnTD I ASSf 10 Hoc Chiang Road #11-01 Keppel Towers l-gMLJIM Singapore 0208 Tel: *****88 Fax: *****17 llmsa "wr so WUA a vtssti VOT rM'iSq n*HO»m«i I II sium sm yhsi 01/11 o*/n o//n —LHHg «/n I o»/i» ■IsiMmHon mail »y/n io/ii n/n gmiß BMg w/n I n/n I fIRMISSIM
      1,332 words
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      Page 33 Advertisements Column 2
      2084 33 DRKT CAU TO KAOHSIUIM, WWW 1 [VERY MOMMY I SHORT TRANSIT Of 5 DAYS J r mwmaftn ud 2S2L srwu: rn ffiftsww m 1 [a Ma rowajwojtam) t/smpwmpt qg» re: w-»7-m mi*a nul w-47-mmito vusa/yoT*a Imp HB#9l m 1-0 J*l resa/wia mn on qu m nm xu sm m Imp
      2,084 words
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      Page 34 Advertisements Column 1
      1165 34 EUBOPtAIMWDIIUVIMIKUWOWmSK e urnnMH Bu| Km S" mi mi ini H" e olowmkw imi arn wTi 25ti Imi Ekmmmm Sn SSi W1 5m Eli S3i wi e aooMKMU on; im. wm tm im; w; uni \izssa, ;si S3! z\ wi ss \vi as ssrb. ss: is: ns: jkiLMJ MWIMWWUMBW^ ISGTI 610
      1,165 words
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      Page 34 Advertisements Column 2
      968 34 VfSSH VOTMf SCP D« AM MM MM IWT Ml *KSfl VOTAGI MS Ml MM MM MP UN COHXU WJ7-033* 31/10 10/11 11/11 12/11 IVII 11/11 11/11 I IMOHMIO 04H01X 73/11 JJ/ll IS/11 H 505t O«mS5 W/ll Ml 11/11 l»/ll Ml 11/11 H/ll lIMCOKHT OOS4?* 17/11 WM JVW WlO "/II •AlooogaopfrgWX
      968 words
    • Advertisement
      Page 34 Advertisements Column 3
      514 34 r-m RICHFIELD MARME AOENCIEB (8) PTE LTD UTEL *****33 (12 UNES) FAX: *****18/*****03 TELEX: R8 *****IWMP P UnM) CR MO: **********0E iTSA tTHWWAH t—CT I Lr 4 (NafloMlLhmefEfttPfh) J I ACCEPTING FCL AMD CONVENTIONAL Vnnl vojf StA Laadtag *or «PW ondhK 46W8 atyi2 j AbtwyWonz 81WB 06,01 *>■ H MEN
      514 words
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      Page 35 Advertisements Column 1
      657 35 i BSA it, tijjjml MYANMA :\BHBk FIVE STAR UNE W (MyaMor National Um) w loading for Yaago* (Ra*9oofl) kssa vot sm pig pen pgo fKWAT 41W 01/11 mm us 02/11 0 nam AGOm: OOUSTtAD StBFPMG AGENCIES Uk m 02-03-*****00 PRL Til W-03-*****01 fat TE 02-04-*****02 Kit: 111 02-07-*****21/4 j bank
      657 words
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      Page 35 Advertisements Column 2
      883 35 ▲HYUNDAI MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKG: *****32 ma nu poo vtssa/voT vot |m I ib m| w mab omj m 11/00 23/09 14/09 NIAWUtJU JO3W 03/11 H/" »/11 23/11 23/11 20/11 20/09 30/09 01/10 Ml MGHNtSS 301W 10/11 27/11 10/11 »/ll 30/11 30/11 M/ 1 05/10 07/09
      883 words
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      Page 35 Advertisements Column 3
      401 35 FAMOUS CONTAINER UNES i JlpS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) MEDITERRANEAN W A SCAN We make Sure Our Standards Never Change For more details please call for Ramlah/Angie/Molly *****33 a- -V... P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU
      401 words
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      Page 36 Advertisements Column 1
      1533 36 nnT^B^aBBSS^^MSI3 iiUM^—■ !W^ VESSEL VOV I SIN JKT "1 1 VESSEL VOY SIN P€H k QANTA BHUM IM Wed In Pt Son 03/11 OURU BHUM 67,9 Thu 31/I<T S* <tt/lT B VESSEL VOY SIN BKK WANA BHUM 349S Sat~ 02/ vi tl^ "ofiTTT B.MAS EXPAT 6148 Sun 03/11 Tu» 06/11
      1,533 words
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      Page 36 Advertisements Column 2
      984 36 vTsML VOY MM CTO IvMWI VOT j WW CCU.. PAD MA 327 WM [01/11 THU 07/11 BoOIR RIVER 260CN» MM lpi/11 ~WKD|O»/I1 MEOHNA >13 THU~ 04/11 TUf~ OS/11 BtHQTSE 320 SUN 03/11 WU Ot/11 consistence 1333 |mu |07/n |mon[ 11/11 Bnota smhnq |i63cn»|ut 109/11 ihu |i>/ii WNWO—/BOMMtr —W .j »mmi
      984 words
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      Page 37 Advertisements Column 1
      519 37 Waokly LCL A FCL njQlCfll Servkei to Caribbean It hipping A Central Amerka DORIHE MAERSK MAKSKIHI MAasf" 9609 9607 Port Country 05/11 12/11 Belize City Belize 09/12 16/12 Bridgetown Barbodo* 12/12 19/12 Cartagena Colombia 11/12 18/12 Castries St. Lucia 11/12 18/12 Fort da France Martinique 12/12 19/12 J". FrMport Bahamas
      519 words
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      Page 37 Advertisements Column 2
      701 37 PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I B CR NO **********0E jir fc 1 liaa^iMj iH jiflill m i 1 i Sm S 11=11 use Kama Awt wtr smsah sassawa assm vm uwosn Im I# I fli 11 :.BP m 111 1 tSL
      701 words
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      Page 37 Advertisements Column 3
      878 37 **********QZ VESSELS VOY MN DAMgTTA LE HAVRE HAMBURG THAMESPORT BOTTEROtAM AKTV^P VULEDECARMA CI7W 06/11 IVII 26/11 26/11 28/11 29/11 01/12 V6-LE DE SAOfTTA 817W 12/11 23/11 08/12 03/12 06/12 06/12 06/12 VtLLE DE NORMA NI7W I*ll 08/12 I<yi2 12/12 IVI2 WLLE DC QBiNA HI7W »11 07/12 Wl2 17/12 Wl2 Wfc
      878 words
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      Page 39 Advertisements Column 1
      68 39 I //—VISA FREIGHT SERVICES PTE LTD llstablishcd Siiuc r>S I Till TOTAL TKAXSPONTATIOX PF.OPI I Kl (illl K Ci Kl )ll PAI. I IC I CON'SOI 11 V\ 1 lON IMPORT vS XPOR'I SI K\ 'K I S OCEANIA PORTS AUCKLAND SYDNEY BRISBANE MELBOURNE EREMANTLE <m qm €1 <air VISA
      68 words
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      1152 40 AS AGENTS: K" LINE (SINQAPORE) PTC LTD (CR MO 1244t73MMfMST KG NO: M2-WI7MM) K* W TEL *****77 TELEX KAWAKIRS23I6S FAX: *****16/7/&S V W TkJT MALAYSIA: "K" UNE MARfTME (MALAYSIA) SON BHD I m U TEL SA *****00 PK *****75 POJ *****20 JB *****01 PGU *****256 NDONEStA: P.T. UNE (MDONBSIA), TEL
      1,152 words
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      Page 40 Advertisements Column 2
      670 40 £iaK o %uat S6ttfuHs (Ptt) *dtd. IRfl (SHIPOWNERS SHIPPING AGENTS) WB liimmbH 014-13/14, IS/17,19-tl H—<■d Mm *****3 lr rdb *****11 (14lhuJFwc (iS) *****94 Cdk AM 'UAMUOKS" Ttiuu K ***** At LOMUAT a HO: ******70$** wmrM)uiwroTAlWON INDONESIA VBSB I VOT I SM I T6N YISSH ¥OT SM (CTMAJKM WffSANOW HOlO W7n
      670 words
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      Page 40 Advertisements Column 3
      1196 40 if> frfr il if E***** TWICE WEEKLY EVERY THURSDAY /SUNDAY U***** ARRIVAL RXED DAY-MONOAY KSfil VOY lr IMM m AM KtSl WT IBt FIT NMI AM W GMHALTAfI BfilOGE A64»Afljl/10 I ZVII 21/11 »11 2*ll MMGMOON *37E SLD SLD SLD SLD tMI RKIN BftlOGE J643wI(XHI IWI 22T11 2111 2S/11 DOVER
      1,196 words
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      589 41 I -fl QWI Hn*Q I| 11 J ill ■vessel maa sin I I TIGER ISLAND 481N 01-02/11 06-1(yi1 15-16-11 I *#*6ERBROGE 482N 0406/11 10-13/11 18-19/11 I TIGER BAY 483N OM9/11 13-17/11 I TIGER WAVE 484N 11-12/11 17-20/11 25-26/11 I ,J TIGER ISLAND 486N 15-16/11 20-24/11 29-30/11 I *1 TIGER BWIOGE
      589 words
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      Page 41 Advertisements Column 2
      908 41 Sea EZ Land I ALL-WATER SERVICE TO U.S.A DAGMAR MS V.9606 ETA SIN ETDSIN 1 3 HOV '96 _4N0r96 SStt "if fiBBf 88, —Sr Itiii iwi wil wi mn mEn fl-fiw-SJL 211 SmSSI Ml n/11 M/ 11 17/11 2f/1l 2f/11 M/ 11 M/ 11 M/ 11 B/1J H/12 SSK mm
      908 words
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      Page 41 Advertisements Column 3
      1317 41 I i.i i every Friday pjSfSvl Nedlloyd Lines to MEDITERRANEAN SINGAPORE PHONE (GENERAL) *****88 RATE ENQUIRIES ******* 260 CPB (PHONE) *****10 CfS (FAX) *****28 TO EUROPE iWBfTWMWMri Sin p||| loy Loll Rtw Aw* Mom Ml OOCL FRANCE /3436 01/11 18/11 19/11 22/11 23/11 21/11 NU AMERICA /5436 01/11 01/11 23/11
      1,317 words
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      700 42 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 CH M. IM7MMMOO CALL PJpgCT LINE:JESSICA/CEUA J J22E33HSSEBB 8 slgs/WEEK 3 SLGS/WEEK i mUK Iv6y Itoi Tjak Ive*ml ivoy i«w [bur SftAflJM 551 WKSOT 31/10 (THU) ORIENT INDEPENDENCE
      700 words
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      Page 42 Advertisements Column 2
      432 42 TO E. CANADA US ATLANTIC US QULF LOADMQ VOY 18POR£ PXHJtNO* I MAUFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPCO HOUSTON HOCOH DRAKE 0438 14 NOV 07 NOV OSJAN 00 JAN 10 JAN 17 JAN 13 JAN *1 JAN 25 JAN HOEONDYKE 0838 1****** 08DEC M JAN 31 JAN 01 FEB 08FEB
      432 words
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      Page 42 Advertisements Column 3
      150 42 SIH FAB EAST I 02/11 KEELUNG/KAOHSIUNG 03/11 BANGKOK 03/11 MANILA/CEBU 03/11 JAKARTA/BE LAWAN/SURABAYA 03/11 PORT KELANG/PENANG/E. MALAYSIA 03/11 BUSAN 03/11 TOKYO/YOKO/KOBE/NGO/OSA 03/11 HOMGKONG SIN china (•M#±«Bn) 03/11 GUANGZHOU/HUANG Pll/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGOAO/HAIKOU SIN EUROPE/UK 03/11 LDN/FLX/IVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIH USA/CANADA 03/11 LOS ANGELES/NEW YORK
      150 words
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      Page 42 Advertisements Column 4
      500 42 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BQMBAY'COCHIN VESSEL WY ISM BOM 1 ORIENT CORD 013 27/10 00/11 VANESSA 11N 00/11 11/11 TRADE FAST TFSI7I 00/11 10/11 KOTACAHAYA CAHIOO 10/11 28/11 REGULAR HYICHEVSK SERVICE (VESSEL VOY I S PORE I ILYCMEVSK I EVER GRADE 0132-001W 20/10 27/11 NUOVA
      500 words
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      941 43 wm i I I I I ASIA lUROW tXPRMS (AIX) WESTIOONP snrviq Ia I J&v I I ,/KL I HY HIGHNESS 301W 11 NOV 28 NOV 29 NOV 01 DEC 01 DEC 04 DEC 'MYRABON 303W 18 NOV 05 DEC 06 PEC 08 DK 08 P£C LLCK •1 HY EMPEROR
      941 words
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      Page 43 Advertisements Column 2
      1696 43 ffiL miCTißrigriy 1 I g" I" I"■ I US |»r rr l y |g.lg.iagfi ass 58 Si S: as k„ ft ffi g!i BBT- 52 SI?: ttIOAMM MM HI •7.11* *.11 M-l *.11 *11 10.11 OCLCMMNY 44M Mil* 0111 111! IS.II 11.11 1111 MlUlOBf MM 11 11 1 «11l *1
      1,696 words
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      Page 44 Advertisements Column 1
      603 44 -A w n SINO IXPRISS SHIPPING (PTI) LTD. I' MM—) 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. W M TEL: *****00 (4 LINES) FAX: *****06 TLX: R*****1 SINOEX mmtm SHANGHAI (COMTAINU «Wg) Also occepfing container cargo to: VBSfl/YOY I ETA SIN ETAHKG ETASHA W/T HKG: Beijiao, Chiwan, 6000 LUCK
      603 words
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      Page 44 Advertisements Column 2
      393 44 w y mm HKG ETA FREMANTLE ETA "B. SURIA* V 8426 03 11 "B.KENARI" V447S 03-11 PKG/PEN FXT/RTM/HAM *ACX LOTUS'VOBBA 04-11 *HJ ELIZABETH* VO22W 04-11 BJCK SYD/MEL/BNE 'EQUATOR CRYSTAL" V 956 04-11 *N. AUSTRALIA" V.315 07-11 MNL TYO/YOK/UKB/OSA "N. BERYL" VS2H 04-11 "A. PEGASUS" V 422 03-11 I COLOMBO AUCKLAND
      393 words
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      Page 44 Advertisements Column 3
      275 44 MTIO 04/11 FttrVAfWUK/Mwi I wi FttrVAtwAJlfttan ft". 26/11 Rftn/AtMAjK/Nw I' yia. InrlniiMta W": I LoadinQfor I CAPTYAWNts L tX<MyAJhaW/Doh«/B#ifln/Dnm«n/KiJww> ft ftHAUMMETE Hodaidah/JaddafVAqatoa ft I KARAH Outoai/B**a*VDoharoammaM<uws* K "Jj I I" toads anflyow, EVW. M—yaia, mrtonaala I Loacftngfor I OCEAN6LAND i~A- n ft*" I NortoJWCamdan ft- OCEANGOLD Ln XmUNm OrtanOwtakW X-.
      275 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      122 45 I I LEGENO: RThundwstocm T«mp«raM» «fc X\ T Shower W*oth*r Wind (fraction with *p**d in knot* Wovh^ght s«*»eee wi** ere br Ofrewi wfcid l Hy witk wi«< On« hJ crci* nprtMnh calm or ighf and vohabi* wind* 1 0n« half fWch* r*pr***nt* 5 knot* N I—. On* hJ fWch* rtprtunn
      122 words
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  • INVESTING supplement 96
    • Article, Illustration
      Finding Asia's best markets
      544 47  -  The market oriented economies of Asia still offer plenty of opportunities despite the lure of South America and Eastern Europe By Ven Sreenivasan Recently there has been suggestions that Asia is losing ground to Eastern Europe and Latin America in the race for emerging market investments.
      544 words
    • Article, Illustration
      Lock icon Going back to basics
      723 48  -  Fundamentals are at work to cause the traditional co-dependency between Singapore and Malaysian markets to break down By R Sivanithy The divergence between the Singapore and Malaysian stock markets this year might come as a bit of a surprise to market watchers accustomed to the idea
      Source: Bloomberg  -  723 words
    • Article, Illustration
      Lock icon KLCI thrives on strong economy
      735 48  -  Healthy economic development, strong local liquidity and good mainboard results contribute to performance By Ian M C Lui, Ronald Y K Chan ♦Afr Lui is senior fund manager and Mr Chan is fund manager at Dresdner (SEA) Thornton Asset Management Ltd The Kuala Lumpur Composite
      FILE PHOTO  -  735 words
    • Article, Illustration
      Lock icon Star performer
      1136 50  -  How has the HK bourse managed to shine so brightly in Asia this year, and how long more can it keep this up? Byl Quak Hiang Whai THERE are three factors which influence the performance of the Hongkong bourse: interest rates, interest rates and interest rates. That is,
      FILE PHOTO  -  1,136 words
    • Article
      Things looking up for Thai bourse
      698 50  -  The worst is probably over and company profits are expected to recover modestly in the first quarter of 1997 By Alan Boyd THREE consecutive years of low earnings have made the Thai stock market the poor relative of Asian bourses, with a trading record
      698 words
    • Article, Illustration
      Lock icon JSX poised for take-off
      772 52  -  By S N Vasuki After languishing for years, the Indon bourse is aiming to double its market capitalisation to USsl6ob within the next two or three years AFTER languishing for many years as the region's smallest stockmarket, the Jakarta bourse is now poised for a great
      FILE PHOTO  -  772 words
    • Article
      Jakarta outshines other Asean bourses
      660 52  -  Vickers Ballas is upbeat, forecasts further growth before year is out By David Chang +The writer is director of research of PT Vickers Ballas Tamara, Jakarta The Jakarta stockmarket outperformed others in the Asean region last month, with a rise of 6 per cent to
      660 words
    • Article
      Thai FDI eases with economy's upgrading
      917 53  -  Investors' impression of rising labour costs may not be accurate By Alan Boyd The transition by Thai industry to a higher level of technology is having a dampening effect on foreign direct investment, with fewer firms seeking a local production base. Figures released by
      917 words
    • Article, Illustration
      Lock icon Malaysia's still sharp
      655 53  -  Layoffs in Penang electronic factories skilled labour shortage and country's cost spiral tell only part of the picture By Rajeev Mallk The writer is the senior economist at Jardine Fleming International Securities Limited, Singapore THE single biggest myth fathered by the cyclical slowdown in electronics demand is
      Source: Jardine Fleming  -  655 words
    • Article, Illustration
      Lock icon After the initial romance has faded
      772 54  -  Investors assessing the Indian market have to consider the goings-on in three separate arenas: economic, political and the corporate By Vikram Khanna Foreign portfolio investors' relationship with India is now in that awkward getting-to-know-you-better period that inevitably follows the first flush of romance. That
      Source: Bloomberg  -  772 words
    • Article, Illustration
      Lock icon HSI may surge beyond range
      1129 54  -  There are enough fundamentals to be bullish about the post-97 market By Peter Churchouse +The writer is Morgan Stanley's Asia strategist Investment opinion on Hongkong market prospects over the coming year or two is a binary decision a one or a zero for most people
      FILE PHOTO  -  1,129 words
    • Article, Illustration
      Lock icon China redirecting FDI
      1414 55  -  Foreign direct investment is increasingly being channelled by sectors, not geography ■y Lu Ning CHINA, for the fourth year in a row, topped the developing world's rank of net capital importers in 1995, the United Nations Conference on Trade and Development (UNCTAD) reported recently. In fact, with
      Sources:  -  1,414 words
    • Article, Illustration
      Lock icon Living with the levy
      1251 56  -  Malaysian property remains attractive for S'pore investors if they stick to prime condos and industrial property By Tan Su Yen It's been a year since Malaysia's budget announcement cooled speculative fervour in the property market. And signs of life are slowly returning to the property market
      FILE PHOTO  -  1,251 words
    • Article, Illustration
      Need for more and better housing driving HK market
      1155 56  -  At the end of last year, there were some 885,000 private housing units with median size just 45 sq m By C Y Leung +The writer is the managing director of C Y Leung Company Ltd Hongkong has one of the
      1,155 words
    • Article, Illustration
      Lock icon Risks and benefits in China
      1186 57  -  Despite risks of title and the lack of reliable statistics, China's property market offers niche opportunities for discerning investors Qy C Y Leung +The writer is the managing director of C Y Leung Company Ltd The Chinese real estate market has been adversely affected on
      FILE PHOTO  -  1,186 words
    • Article, Illustration
      Lock icon Properly market on a mature plain
      1465 58  -  The shocks created by the anti-speculative measures have vanished and the S'pore market is where it should be now tagged to the economy By Dr Steven Choo +The writer is executive director of Jones Lang Wootton If the private residential market could be compared
      FILE PHOTO  -  1,465 words
    • Article, Illustration
      Lock icon Positive returns ahead
      1532 59  -  Committed investors can be sure of long-term returns from the Singapore office property market By Willy Shee +The writer is the managing director of Richard Ellis Singapore The office market in Singa- s pore has proven to be a good a long-term investment that r gives healthy
      FILE PHOTO  -  1,532 words
    • Article, Illustration
      Lock icon Room for rapid growth
      1262 60  -  The Jakarta property scene is vibrant especially with the deregulation drive and investors can reap rewards there By Chan Fook Kheong ♦77i£ writer is senior technical advisor of PT Urbana Dayaperkasa in association with Richard Ellis The rapid growth of Jakarta as a major Asian city
      FILE PHOTO  -  1,262 words
    • Article
      Challenge for venture capitalists
      610 61  -  Few S'pore venture funds are keen to invest in high-tech firms at the start-up stage By Toh Han Shih Venture capital is a growing industry in Asia and Singapore. The challenge is: Will Singapore venture capitalists invest more in hightechnology companies at the start-up stage, where
      610 words
    • Article
      Tapping Vietnam's vast opportunities
      910 61  -  The nine country funds operate more as venture capitalists, funnelling money into projects By Harish Mehta At last count, there were seven listed Vietnam country funds and two private ones. More are in the works. Are we seeing an overkill by corporate Vietnam? United Overseas Bank
      910 words
    • Article
      Country route
      771 61  -  Country funds can be useful tools for buying into attractive but unfamiliar markets; they can also be a fund-raiser's gimmick By Peter Douglas +The writer is director of Abtrust Fund Managers (S) What is a "country fund"? It is a collective investment vehicle, such as a unit trust,
      771 words
    • Article, Illustration
      Lock icon Draw of insurance, investment products
      827 62 CPF funds will help fuel strong demand for investmentlinked funds and investment-linked insurance products By Prudential Assurance Company ASIAN economies have grown in leaps and bounds and the attractiveness of their markets has lured many investors. Recent months have also seen many new unit trusts
      By Prudential Assurance Company; FILE PHOTO  -  827 words
    • Article, Illustration
      Small funds, big business
      1537 63  -  The boutique fund managers of HK have come of age thanks to new ideas and a totally different appraoch from their big counterparts By Catherine Ong HONGKONG boutique fund management firms are coming into their own. Despite the lack of a brand name, they are slowly
      1,537 words
    • Article, Illustration
      Lock icon Lifting the ADR mystique
      915 65  -  The American Depositary Receipt is a sound process of harmonising cross-border settlement discontinuities By George H Gregor, Peter C Olsen ♦Mr Gregor is manager of the depositary business of Deutsche Bank New York. He is a career professional in international capitakl markets, where he has advised
      Source: The MERCER ABR Review  -  915 words
    • Article
      Dealing with derivatives
      836 65  -  Derivatives will become more relevant, not less. Those who use them carefully and rationally will prosper By Jeremy Bennett +The writer is the managing director.ifM charge of Derivatives operations Bankers Trust Company. Mr Bennett, wtKy has 10years experience in Asia, Bankers Trust markets of Indonesuak Thailand, Malaysia
      836 words
    • Article, Illustration
      Lock icon Comparing currencies
      1152 66  -  An analysis of the risk and returns associated with the four most actively traded Asian currencies: baht, rupiah, ringgit and Sing dollar ■By Derrick Lee Hong Peng +The writer is foreign exchange analyst of Thomson Financial Services With Sing dollar currency deposits yielding low returns, other higher yielding
      FILE PHOTO  -  1,152 words
    • Article, Illustration
      Ideal book for all
      597 67  -  Understanding the derivatives is made easier by this book which covers broad areas with minimum technical details Dr Jayaram Multiswamy +The writer is a senior lecturer, Department of Finance and Banking at the National University of Singapore Derivatives for Decision Makers by George Crawford and Bidyut
      597 words
    • Article, Illustration
      Guide to major world bond markets
      377 67  -  A valuable reference handbook especially !to bankers Dr Jayaram Multiswamy •The writer is a senior lecturer, Department of Finance and Banking at the National University of Singapore The Reuters Guide to World Bond Markets by Martin Essex and Ruth Pitchford is essentially a reference
      377 words
    • Article, Illustration
      Lock icon When investment becomes an art
      817 68  -  Experts don't endorse buying art or collectibles as an investment and they caution the would-be investors against buying blindly By Susan Tsang The free-spending 80s not only blasted designer clothing labels to the fore artist Vincent Van Gogh was the subject of a frenzy he
      FILE PHOTO  -  817 words
    • Article
      Some tips for the aspiring art collector
      569 68  -  In Singapore, the art scene is mainly Chinese as there is a collecting base and a steady influx of goods By Susan Tsang Anyone who wants to start collecting first has to settle on an area to get interested in. The good news
      569 words
  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      115 47 Martwts Malaysia. Singapore 2 Hongkong, Thailand 4 Jakarta Malaysia, Thailand 7 Hongkong. India China Malaysia, Hongkong It China 11 Singapore residential 12 Singapore office IS Jakarta 14 Rmls and IMt Trusts If, It, 17 Derivatives 19 Asian currencies 20 Book reviews 21 CoMectables 22 MferVen Sreentvasan iMhn Peter Wong (Coordinator),
      115 words
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      Page 48 Advertisements Column 1
      401 48 I RING REGAL lAN RIGHT HERE IN SINGAPORE f- SBGUi Regency, Peninsula Hetfits, SEI I I THE cm,., "*I4T Vp/i T*. I MBfeSS Situated in i conservlUon Prestigious development of 36 I ■HH area close to Hyde Park, these I l uxurv apartments I BR Edwardian-style 2 and 3 unparalleled
      401 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      270 49 Wouldn't life be easier if someone was always there to back you up? m—w:. 11 J J Someone with the support to ensure you achieve your in helping you get to where you want to go. We offer you < p «I ambitions in life no matter how fast the
      270 words
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      Page 50 Advertisements Column 1
      127 50 The key to performance. ff jtfpjfi key the temple gate Augusta the source the farpower the Roman Today, your comprehends the whole you need a truly to why, we have for the we have the as one the top two place category awards Our > specialists develop the most advantageous
      127 words
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      Page 51 Advertisements Column 1
      355 51 For TOP Regional PERFORMANCE, Make a SMART CHOICE. nq^^ P noMn>iQQg Wore I Aml I iSßtr i M** Ir SidiHbre Unit Trust*. I n?<i(vnyx .J -V- 01/10/1996 PBcific Growth II I 13 fl fOvrr 1 Yenr\ I 1 ■HHIBHBH \\rvrr i icar> ■^^BiMßi^^^ffi H to was ScteKler Investmen wßm Management's
      355 words
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  • Page 52 Advertisements
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      Page 52 Advertisements Column 1
      208 52 An Asian Investment Fund. uitnMEWfcfcJl^fc^^^kafa,' <je*^" Dresdner Thornton Asia Tiger Fund The bresdner Thornton Asia Tiger Fund provides investors with an opportunity to attain medium to long term capital growth by investing primarily in equities listed on the stock exchanges of the Asia Pacific region. Investors can participate in the
      208 words
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      Page 53 Advertisements Column 1
      192 53 Attachable Li-lon battery handle Detachable MCDU with swappable drive Full size keyboard and 11 displays. I 8 (nr r f fT yt"| port inn and bays with LD-ROM, Premier sound, Pentium* Processors frotn 75 MHi to B keyboard Ok zoomed video enabled, ten hours battery life 133 MHz. I Has
      192 words
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  • Page 54 Advertisements
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      Page 54 Advertisements Column 1
      149 54 Want your returns to go higher? Invest with Bank of New Zealand. We offer you highly competitive rates on foreign currency deposits. Call 332 2998 for our latest interest rates or 433 6612 for personal service. Please fax us the reply coupon for more information. TERMS I NZ$ I AUS
      149 words
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      Page 54 Advertisements Column 2
      134 54 SOCIETE GENERALE Beijing Tianjin. Seoul Shanghai Osaka Wuhan• Cabuan •Singapore Jakarta INTERNATIONALIZED IN BUSINESS. PERSONALIZED IN SERVICE. Since 1864, we have been the answer to many local and regional large corporations, multinational companies, banks and investors when it comes to reliability in a wide range of Banking and Financial services.
      134 words
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  • Page 55 Advertisements
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      Page 55 Advertisements Column 1
      230 55 Saab. High Performance, Low Overheads Hg i f 4 do you when you reduce emissions and fuel consumption of a Saab?" ijllliliiiil^^ ..v 5 M 4 I .v;fM --.V^jr-^ I*V <•'.••■ "r Q k f -V V :< X' n;? V V 'V J mm mm "More power." i >
      230 words
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      Page 57 Advertisements Column 1
      54 57 '.jc4 .-A V .^tik'.:^HH& A I m niai I ly^i'MMßill l MM^B^^B m I' ll B| WL* <* H^H m .^■MBF y ."HTf j "1 i nff'! fflill J f njyfflP AJfuirt^^B I ill 1 1 MHI ltfJ|^M| H i: 4fe»- '^Hi^HHii m n'&fJSMPiiB i ]~r^^»^' B ■yom£ SHfilikiJHflHlk. lOr
      54 words
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      Page 58 Advertisements Column 1
      221 58 -jr r.xf' v L.IWJ. I m morgangmnfell rusts #Templeton Hffll ASSET MANAGEMENT Asset Management Ltd r r. Schroder A UNIT TRUSTS ABTRUST FUND MANAGERS (SINGAPORE) LTD /<• V 9 i Allied Phillip Rothschild Asset Management (Singapore) Limited capital management limited v* 7H CREDIT LYONNAIS uob asset management ltd JUL #NIKKO
      221 words
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      Page 59 Advertisements Column 1
      353 59 IHHRHRHHHHHIHBHHHHHiHfIHHHNMMiMiikiJ When it comes to your personal P»ir»rf« Other GREAT benefits financial investment, it pays to unOICe OT rUnCIS include: put your money in the right With 4 funds available, you have the flexibttity choice nSftH Life Insurance protection *rs !m«jmm* nraminmc IH At no extra cost Y ou wi
      353 words
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      Page 60 Advertisements Column 1
      432 60 For the sophisticated investor, ICS Money diversification, the fund also invests in bonds receive life insurance protection up to 1.25 Manager puts portfolio diversification, control and other income generating securities to reduce times your initial investment or the bid value of and flexibility within easy reach. volatility and provide stable
      432 words
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      248 61 How to get to the Eastern USA faster. .<ll i. Tokyo.' Singapore fVIW WF* Jr. < VUkai ATLANTA Boston Mew Konk Minneapolis l Detroit Chicago J'"-. Cleveland Fly Northwest. m DC Lexington I When you travel to the Eastern USA, the best way to enjoy extra time on the ground
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      301 62 Fly award-winning Emirates to Melbourne. jjJ Iff I^H aZL<"*'~"~~ Singapore-Melbourne Departs TUeadey, Ttturedeye 4k Saturdays art IBxOO Arrtvee art SSIS6 Melbourne Slimapote Departs Wadnaiday, Fridays Sunday at iSs4B Arrfvee at 01i40 (Next day) ||l Emirates THE FINEST IN THE SKY 100 INTERNATIONAL AWARDS, 42 INTERNATIONAL DESTINATIONS. FOR FURTHER DETAILS k
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      233 63 Texas Instruments takes notebook A A B A *"»J 1 performance to an even higher level, at very competitive prices. lUmmCI Its modular bay accepts more interchangeable devices than other Travel Mate 50MHz 33MHz High Proce or Performance Travel Mate M Large Light Weight /IeSS 6 come. system (Expandable to
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      127 64 Wherever there are development I I in Asia, DBS Bank is a prime mover,|fwn I China Indonesia; India to Korea. Forging MgHMiglobal partnerships with businessift&ftsteitin »W Asia, Leading in regional equity capital With a netwoi|f^fgii^^^^H stockbroking|operations, asset managemen^^^^^^^^^| and|vorl(jplass custody services availablf Jo^^^^^^^^H Asian finanda^awtrft^j|^tep^wMi|^^^^^B I I I C 2
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      120 65 A selection of 30 prime investmenf nr® properties from 250,000 to 35 million MV4 I COMMERCIAL INDUSTRIAL TOURISM RURAL 1 I Minimum restrictions on foreign ownership -no Our representatives will be in Singapore from 31 October to }Woverfibe^996:l I BRUCE WHILLANS MICHAEL BAYLEY VOCKLER I I Tel: 737 2233 Mob:
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      199 66 I: Motor Trend, a widely read US automobile publication, value for money, the Cefiro left BMW, Jaguar, Lexus and a host of recently put the Cefiro ahead of 26 other cars in terms of across- others in its wake. the-board excellence. If you'd like to see the Cefiro, come down
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      152 67 H4 KM THE KWANGTUNGj^^ ■■■am or sank or chin* «aou» Staying ahead through harmonious balance of traditional service and modem innovation 1 fl Fas* Efficient Accurate Like the abacus, The Kwangtung Provincial Bank (KPB) has a time-proven tradition of efficiency and accuracy you can count on. Since 1939, KPB Singapore
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      54 67 a FILM INVESTMENT? yES! Mowte investment I 2000 Is A REEL H VISION to the I QWlMng VMn Industry herel WW pwfessfc— OfjiHon ofWn today* Cal us at fl *****526 or H Page *****875 JOHN C H AI MHE N T jSGTT Film scheduled for shoot: April '97 Film scheduled
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      64 68 V In a competitive business environment, the rigM-ite »g|| under f loo^t' oUcin needs and floor cafiguratkms, are some of the factors to be considered skills and experience to evaluate the variables HHHHEH:. Us,ory wUh ouroffice lea3ing arranLfor ABN Amro Bank to be rite U^M ""ant for Centre no matter
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