The Business Times, 5 November 1996

Microfilm: NL20738
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MTTA (P) 04€/12/95 85^ SINGAPORE Internet: http://wrww.asial.com.sg/biztimes TUESDAY, NOVEMBER 5,1996
    13 words
  • Article
    MARKET SUMMARY
    44 1 M 1MB O MM <+«..<*>) Q ST MBA F 1 4 slXS L .iTt; j—nr p t-jbr >: >*s P Bi|-|W| 1—1 r "^Sr Mm**-! /TTftBBPJT' j r foi yM-' T l r v*- > Y v -t- -jaexmM 'J r Sr" 1 ■ou 1
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  • Article
    FINANCE
    21 1 if StlKK «S£ fi BIHMI waS 1 nmnTfir tBALkumSm —,fV l,r r ft BMM HMBJi. ni^ mssfflt (Source: NatWest Bank)
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  • Article, Illustration
    Lock icon Avimo to move all Penang operations back to S'pore
    550 1  -  Company cites rising labour costs and high staff turnover By Ven Sreenivasan [SINGAPORE] Precision optical and laser instruments maker Avimo Group has shut down its Penang plant and will move all the operations there back to Singapore. Avimo Malaysia, which made
    Source: Bloomberg; ALLAN  -  550 words
  • Article, Illustration
    Lock icon Ossia offers 50m shares at 61 cents each
    517 1  -  By. Ang Wan May [SINGAPORE] Ossia International, a footwear and sporting goods maker and distributor, is offering SO million shares at 61 cents each in its initial public offering. The offer, which makes up 25 per cent at to share capita!; consists
    ERIC CHU  -  517 words
  • Article
    Clinton stays ahead as Americans go to polls
    216 1  -  From Leon Hadar in Washington AMERICANS go to the polls today in an election which has seen front-running incumbent president Bill Clinton's commanding lead in opinion polls slipping but not enough to make a difference to the final outcome. Republican rival Bob
    216 words
  • Article, Illustration
    Lock icon Singaporean joins main board of Schroders Investment in UK
    344 1  -  Managing director of S'poronnit is first Asian to hold position By\ Shiv Taneja [SlNGAPOßE] The low-profile managing director and chief investment officer of Schroders Singapore, Maggie Lee, has been promoted to the main board of the UK-headquar-tered Schroder Investment Management (SIM)
    ERIC CHU  -  344 words
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      Page 1 Advertisements Column 1
      37 1 K? I I I H 1 M £2y^J2Lngupto nt"! ■<■ w—WW»H.I JWIL iMpacton DBSBank have another listed unit in Hi stable. V otrlm+pg2l. With only hishlv ■fa— joamvam SINGAPORE NEWS 2 PROPBRTY 4 MASIA CHINA 7 > (JlH MllnI
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      Page 1 Advertisements Column 2
      12 1 matter more, FgM Democrats uniikaJjrtQ capture Congrats, »|H Editorial: Hope<r»«f experience. PgH
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      Page 1 Advertisements Column 3
      153 1 Embassy Brief #5252 $609 Berkeley Duffle Sac MOIO $409 i7-,i r*rh- .ov,u-,v's Coach. An American Legacy. 1941, the legacy began inside a New York City loft workers a select line of fine natural leathergoods To this day, every made by From belts gloves to the Coach the latest fashion with
      153 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      SCV aims to be Internet content provider
      314 2  -  By 1 Toh Han Shih SINGAPORE Cable Vision (SCV) may one day become an Internet content provider, said the company's president Daniel Goh yesterday. He said the company was already considering such a move where it would provide TV entertainment content, something close
      314 words
    • Article, Illustration
      SilkAir planning charter flights to Viet mountain resort
      291 2  -  By\ Harish Mehta SILKAIR, the regional airline of Singapore Airlines, plans to operate charter flights to the picturesque mountain city of Dalat in Vietnam next year. The move is part of a joint Singapore-Vietnam strategy to develop Dalat, located in Vietnam's central
      291 words
    • Article, Illustration
      Ex-MD of EDB in sixth batch of new PAP faces
      584 2  -  All throe candidates tell of commitment to serve Singaporeans By Chuang Peck Ming FOR two decades he contributed to Singapore's economic development. Later, he expressed a desire for a new role, strengthening his country's social cohesion. And yesterday, Lim Swee
      584 words
    • Article
      6 of last 110 Ardmore Park units sold
      379 2  -  Marco Pole gives out 137 queue numbers for the remaining 104 apartments Michelle Low MARCO Polo Developments has told six of its last 110 horary Ardmofe Park in the past few weeks ahead of the official launch of the final phase this
      379 words
    • Article
      HDB extends deadline for housing agents to pass exams to June 97
      286 2 THE Housing and Development Board is extending by six months the deadline for all agents of listed housing agencies to pass the required exams. The board said yesterday it moved the deadline to the end Of June next
      286 words
    • Article, Illustration
      Lock icon Manufacturing kilowatt hours up
      348 2  -  EYE ON THE ECONOMY Industry By 1 Teh Hooi Ling THE manufacturing sector consumed 5.5 billion kilowatt hours (kwh) of electricity in the first seven months of the year a surge of 9.3 per cent from the same period a year ago. According to the latest
      Source:  -  348 words
    • Article
      Cable & Wireless to bid for local telecom licence
      352 2  - Cable Wireless to bid for local telecom licence It hai yet U decide if it will once again team op with Mobile One partners Byl Clarissa Tan UK-BASED Cable A Wireless (CAW) plans to bid for one of two telecommunications licences that will be up for tender in March next
      352 words
    • NEWS Roundup
      • Article
        POSBank baby accounts hit $5m
        64 2 SOME 10,000 POSBank First Accounts were opened by parents during the scheme's first month, POSBank said yesterday. The total savings for the period add up to more than |6 million, an average of $500 per account The programme was launched by POSBank on Oct 2
        64 words
      • Article
        US firm launches support centre
        50 2 SUNSOFT, the software subsidiary of US computer giant Sun Microsystems, launched its Asia-Pacific software support centre in Singapore yesterday. Sunsoft Asia Smith managing director Cedric Chan Chee Meng said it will provide 24-hour support via phone and the Internet to the Asia Pacific including Japan.
        50 words
      • Article
        Ship pollution workshop gets full marks
        75 2 THE Maritime and Bort Authority (MPA) of Singapore yesterday hailed the three-day regional workshop on the International Convention on the Pollution from Ships held here last week as a success. Participants from Cambodia, Indonesia, the Philippines and Vietnam studied key issues governing the regulatory
        75 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      76 2 Food Factory at Pandan Loop I an(^area S( i ota >l t u P 210.000 sq ft 3-storey officc building I Single-storey coldroom I engineering block 2-storey factory with linked corridor )&r Single-storey warehouse with > mezzanine level 30+30 years from Sep '80 Asking price SS33 mil (SSI 57 psf)
      76 words
    • Advertisement
      Page 2 Advertisements Column 2
      142 2 their homes NOW IS THE RIGHT TIME TO SWITCH YOUR OUTDATED ACCOUNTING SOFTWARE We are at the end of the year, and we believe this is the best time for you I to make the switch from your old, outdated batch processing accounting package. With FACT Realtime Accounting Software, you
      142 words
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      Page 2 Advertisements Column 3
      95 2 THE Finest Scotch Whisky We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa" Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive
      95 words
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      172 3 I BREITLING NM "v r V f x 1 r ■•jg OLD NAVITIMER v Mechanical chronograph Favored by pilots and aircrews since 1952, M W a power reserve of least 42 hours, the Old Navitimer mechanical chronograph displays D Navitimer self-winding chronograph the classic good looks of a *****-style time-piece,
      172 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      1997 year of reckoning for S'pore property prices
      695 4  -  THE PROPERTY COLUMN Much depends on the holding power of speculators By Lee Han Shih WHAT a difference five months make. Before the government slapped the market with its anti-spec-ulation measures on May 14, social conversations often turned on stories of those
      695 words
    • Article
      Shelford Garden up for enbloc sale
      188 4 ANOTHER collective sale is being offered in the sought-af-ter Shelford area the 19-unit Shelford Garden. The freehold site in the cul-de-sac of Shelford Road has a panoramic view of the area, said Knight Frank, which is launching the tender today. It closes on Dec
      188 words
  • Page 4 Advertisements
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      466 4 j FOR SALEBYTENDEII COMBINED RESIDENTIAL REDEVELOPMENT SITE Total Land Area: 27,827 sq. ft (approximately) Freehold DGP Plot Ratio of 18; up to 30 storeys nadia mansion Convenient Access to CTE, PIE City MAhfsio N Plot A -14,967.34 sq.ft. (Lot 5775 Of Mukim 17) fffllf N Plot B- sq.ft. (Lot 4113
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      Page 4 Advertisements Column 2
      253 4 PRIME FREEHOLD SITEFOR REDEVELOPMENT I AT TAQORE VICINITY J I Location Tagore Avenue mvtiM A I Land Area: 2,031.9 sq m (21,871 sq ft) V/ I Remarks Ideal for development of corporate building I Easily accessible via PIE AYE I Temfrr Clo«e»: 16 Nov '96 (Fri) at :00pm I j
      253 words
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      Page 4 Advertisements Column 3
      127 4 I &Ewart Park t MM mW* ff 3 Good Class Bungalows located along Ewart Park, off Holland Road. Peaceful environment, immense privacy and exclusivity. Land Area: 45,620 sq. ft. Built up: 5,000 sq. ft. each. Swimming pool mature gardens. Easy access to prominent schools, institutions and amenities. |^ijderClosin^Dat^^^jovembe^99M4^o^mJ For further
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      223 5 Even among luxury cars, tke Lexus GS3OO Las adjustments. You are surrounded by soft, Land-crafted tLe added convenience of free road tax* for 3 year*. Not to always stood apart as a masterful Mend of luxury, leatLer, cool air from an automatic climate control feature mention free maintenance for tLose
      223 words
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  • SOUTH-EAST ASIA
    • Article
      Malaysia launches Enterprise 50 programme
      211 6  -  SINGAPORE *S/' Tan Su Yen FOLLOWING the success of its Singapore counterpart, Enterprise 50, a programme that Seeks to recognise the 50 most successful small and medium industries in Malaysia was launched in Kuala Lumpur yesterday. >• Malaysia's Enterprise 50 initiative is organised by Andersen
      211 words
    • Article, Illustration
      Lock icon M$ slips further on Anwar's comments
      297 6  -  SINGAPORE Finance minister says ringgit's fell against greenback last week no cause for concern By] Larry Wee THE ringgit weakened further yesterday, hitting a sevenmonth low at one point, after Malaysia's Deputy Prime Minister and Finance Minister Anwar Ibrahim said the ringgit's fall against
      Source: Bloomberg  -  297 words
    • Article, Illustration
      Lock icon Go to hell, Mugabe tells critics of YTL deal
      216 6 HARARE Reuter ZIMBABWEAN President Robert Mugabe has told Western countries which criticised a privatisation deal his government signed in September with a Malaysian company "to go to hell". Mr Mugabe said he had given this message to critics of the deal
      Reuter; AFP  -  216 words
    • Article
      Habibie denies seeking vice-presidency in 1998
      403 6  -  JAKARTA But analysts see minirtflr &S front-runner for the No 2 post Reports by I S N Vasuki INDONESIA'S State Minister for Research and Technology B J Habibie has emphasised that he is not seeking higher office including the vice-presi-dency in 1998. However, political
      403 words
    • Article
      Suharto meets Muslim group's head
      248 6 East Java meeting seen helping Golkar's election prospects A CRUCIAL weekend meeting between President Suharto and the head of an influential Muslim welfare organisation has bolstered the ruling Golkar party's prospects in next year's Parliamentary elections, analysts said yesterday. On Saturday, President Suharto travelled to
      248 words
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      252 6 SH2are.li! .Koreas Financial'Fnitiuire In recent years, the Korean government has introduced financial Templeton Investment Funds provide a way for reforms that have lowered barriers to foreign investment. This investors to benefit from professional financial helps create greater investment opportunities for investors in management as they invest in Korea, while maintaining
      252 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon HK growth still hurt by export slump
      406 7 HONGKONG GDP in Q2 up 43%; economy unlikely to meet govt's 5% target for 1996 c economists Bloomberg Business News Reuter THE Hongkong economy, hurt by a slump in exports, maintained its slowest pace in five years in the second quarter of 1996.
      Bloomberg Business News; Reuter  -  406 words
    • SINO Briefs
      • Article
        Lock icon US$11b foreign investment in Shenzhen
        77 7 Reuter [HONGKONG] Accumulated actual foreign investment in Shenzhen reached USglO.8 billion (S$15.1 billion) by end-September, with US81.306 billion in the first three quarters of1996, the Securities Times said. Of actual investment in the January-September period, 72.7 per cent went into the industrial sector, with 41
        Reuter  -  77 words
      • Article
        Lock icon Jobless in Shanghai to hit 250.000
        55 7 Reuter [SHANGHAI] Shanghai's unemployment will reach 250,000 by the end of1996, up from 200,000 at the end of1986, Mayor Xu Kuangdi told a news conference yesterday. From 1992 to the end of 1996,870,000 people lost their jobs from traditional state factories and 670,000 of
        Reuter  -  55 words
      • Article
        Lock icon Sever ties with China: Walesa
        58 7 AFP [TAIPEI] Former Polish president Lech Walesa yesterday called on democratic countries to sever relations with China, following Beijing's latest imprisonment of human rights activist Wang Dan to 11 years'jail. Relations between Taiwan and Poland improved after Mr Walesa became president in 1900. Poland still
        AFP  -  58 words
    • Article
      Lock icon Taiwan denies freeze on S-E Asian investments
      259 7 TAIPEI But govt will urge businesses to focus on investing at home AFP TAIWAN Vice-Economic Minister Sheu Ke-sheng denied yesterday a report that Taiwan had suspended a threeyear programme promoting investment in South-east Asian nations. Mr Sheu said that "we would not only
      AFP  -  259 words
    • Article, Illustration
      Lock icon Waiting in the green lane
      42 7 S!»!)>!!? G r^?hi} ng restdents queuing for cabbage on a street comer in a central city suburb on bb^ e "Wputar WlTUer staple wUh northern Chinese families who purchase up Stored tntfuo nas weather preserves the REUTER
      REUTER  -  42 words
    • Article
      Lock icon Software firms struggling in China
      201 7 BEIJING Bloomberg Business News CHINA'S software industry says it is under siege from foreign competition and piracy, jeopardising an industry the government deems vital to economic development and national defence. A report in the Economic Information Daily said experts called for greater government support for
      Bloomberg Business News  -  201 words
    • Article
      Lock icon HK exec named in GIC bribery case fired
      242 7 HONGKONG AFP A HONGKONG asset mana&i ment company said yesterday it had fired a top executive named in a major bribery scandal at Singapore's state investment arm The managing director of Rockefeller and Co (Far East) Ltd, Colin Moore, said his predecessor,
      AFP  -  242 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      196 7 I y i i i To profit from your investment you need the best opportunities. Who better than Standard Chartered Investment Services to offer you suit you best, we can help you by using our Risk-Reward raiings. Here. and risk profile, we ll help you review the wide selection of
      196 words
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  • ASIA
    • Article
      Lock icon Japan to lose 1.2m jobs if hollowing out continues: report
      248 8 TOKYO AFP ABOUT 1.2 million Japanese workers would lose their jobs by the year 2000 if manufacturers continued to shift production bases overseas to avoid high costs at home, a newspaper yesterday quoted officials as saying. The Asahi Evening News
      AFP  -  248 words
    • Article, Illustration
      Lock icon Stocks slide as Kim orders big anti-corruption drive
      405 8 SEOUL Prosecutors to focus on construction, transportation, banking, state fond allotment sectors AFP, Bloomberg Business News SHARE prices fell to threeyear lows after South Korean President Kim Young Sam ordered a sweeping anti-corrup-tion drive, as investors feared investigations would hurt the financial
      AFP,; Bloomberg Business News; Source: Bloomberg  -  405 words
    • ASIA Notes
      • Article
        Lock icon Judge fines ex-Korean president
        59 8 AFP [SEOUL] A South Korean High Court judge humiliated !S^!l onner Choi Kyu Ha with a US$l2O appealing the death sentence tor a 1979 military coup Choi, 77, a figurehead president in 1960 when Chun seized r^ OUBh coup roftwed to appear in court as a
        AFP  -  59 words
      • Article, Illustration
        Lock icon Another hard day ahead
        47 8 AFP A group of working children or street urchins akmg their quick morning meal at a roadside food widows on Sunday. Hundreds of homeless children spend theirbread by working as porters, flower and water vendors and cycle mechanics in busy Dhaka districts. WmT
        AFP  -  47 words
      • Article
        Lock icon Aussie job vacancies down again
        70 8 Bloomberg Business News [MELBOURNE) Australia New Bank's job vacancy index in October fell one per cent to the lowest level since January 19M, underlining the sluggish condition of the Australian economy. It was the fourth consecutive monthly decline, the first such sequence since thefour months
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Chinese fisherman in troubled waters
        59 8 AFP [SEOUL] South Korean maritime police seized 35 Chinese fishermen and three trawlers on charges of illegal fishing in South Korean maritime waters, reports said yesterday. The three 90-tonne boats, the Lurongyu 1371,1372 and 1373, and their crew were taken into police custody on Sunday
        AFP  -  59 words
    • Article
      Lock icon S Korea to boost investment in infrastructure
      313 8 SEOUL Mere loans to private developers; longer term bonds allowed Reuter, AFP SOUTH Korea's finance ministry yesterday said it would expand loans for private-sec-tor infrastructure developers and allow them to issue lon-ger-term bonds by the end of 1997. The move was part of
      Reuter,; AFP  -  313 words
    • Article
      Lock icon Aussie moves to blame for its UN setback: China
      260 8 I BEIJING AFP CHINA yesterday blamed Australia's ambivalent policy towards Asia and its growing ties with the United States for its failure to win a seat on the UN Security Council. In a strongly-worded commentary, the China Daily accused the new
      AFP  -  260 words
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      360 8 THE BUSINESS TIMES msnu EXCLUSIVE O^aS/♦ vSsss^O --W, v w n .'JM fjß^'" J 11 —1 jA I "V^S^// PicTURE YoußSElf wiih tliese Golfiiviq Greats at tNe 1997 JohNNiE Wall<er CUssic The seventh Johnnie Walker Classic will be held from 21 26 January 1997 at Hope Island Golf Club on
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      102 9 mfl llltv without houuc lai ies. (a Iso seeiufi tiiti): 1. endowed with a LI line *****p TJ-y;il\e VS |)owci plant: embellished with ;ui elect i oni.calh adjustable nil ,iikl telescopic steering column: liont «ind rem power seats; real ainnest controllei ioi aircon and audio s\stems: fortified with \I >S;
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  • FOCUS
    • Article, Illustration
      Lock icon Race for Congress may matter more
      1502 10  -  US ELECTIONS In post-Cold War America, the party that dominates Congress could well determine the direction of government By Dovan Janadas ThewriterisaSingaporea+Mtsed intneUS (BINOAPORE] ALMOST inevitably, every four years, the world's attention rivets upon the course of the US presidential race. This time around,
      Source:; REUTER  -  1,502 words
    • Article, Illustration
      Lock icon US-Europe rift augurs well for WTO
      1029 13  -  WTO MUIISTHKIAT. CONFERENCE IN SINGAPORE EU moves to distance itself from Washington's international trade, foreign policies could make for a smoother meeting Reports by Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] GROWING differences between Europe and America over international trade
      FILE PHOTO; ALLAN  -  1,029 words
    • Article, Illustration
      Dispute Settlement Body gaining clout
      707 13 US-EU dispute over Helms-Burton law is an important test case for the body WHEN Malaysia introduced an approved permit scheme for the import of two petrochemical products in 1994, Singapore exporters of polypropylene and polyethelene were badly hit Sales dropped and the exporters appealed to
      707 words
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      Page 10 Advertisements Column 1
      63 10 mur t M ft 1 1 4 W> -> .'V W§ fwS 5* I f >*; i u I I j Only Telstra's approach to telecommunications guarantees your Asian business network will be future proof. I Just don't leave it too late to call us. Istiu Austi«j!tu (hiitij Honq Konq
      63 words
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      58 11 II NFIN I T I 5 ■fKJ •f 3m v i- IJ I 1 x w w v 2 jft 1 w I'll I\!I\ I I t t )-I I s !I!Io i i I-. "t v•IVII(»\\ r. I l\\ !!I\, t 1 j|\\;i >| v\\\ir\\lH!nl II I K I
      58 words
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      210 12 You 1 ove it when this happens.lt just never seems to happen enough. A relationship with IDS is ab*il crttdag axtraardlaary biila*n rasalts. as in I+l=3. s also about us being accountable improving your business performance. We—and our colleagues at our management consulting arm, A.T. Kearney kelp you set measurable
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  • THE WORLD
    • Article, Illustration
      Lock icon Democrats not likely to capture Congress: analysts
      665 14 US ELECTIONS Dole says Republican Congress is the last line of defence against another Clinton White House AFP [WASHlNGTON] President Bill Clinton was holding a healthy lead over Republican rival Bob Dole, but there is little chance that he will have a friendly,
      AFP; Source: Today; Source: Bloomberg  -  665 words
    • Article
      Lock icon Top UK firms underestimate IT impact of EMU
      236 14 LONDON Reuter BRITAIN'S top companies are underestimating the scale of the information technology (IT) implications of European Monetary Union (EMU) compared with their counterparts in Germany and the Netherlands, a survey by European IT services group CMG pic showed. The survey revealed
      Reuter  -  236 words
    • Article
      Lock icon German metal workers in Bavaria stage new protests
      279 14 MUNICH Move part of onion's campaign against 20% cnt in sick pay AFP TENS of thousands of engineering and metal industry workers demonstrated in the southern German region of Bavaria yesterday in protest against a cut in sick pay. The action was
      AFP  -  279 words
    • Article
      Lock icon German industrial output down 1.8%
      197 14 BONN Reuter GERMAN industrial output fell 1.8 per cent in September from the previous month, the first decline since February, the Economics Ministry said yesterday. The September data, however, is likely to be revised upward, it said. "Experience shows the preliminary September data will be
      Reuter  -  197 words
    • Article, Illustration
      Lock icon Charged up for a marathon
      47 14 [NEW YORK] A man dressed as a rhinoceros joins the thousands of runners at the New York City Marathon on the Verrazano-Narrows Bridge during the marathon in New York on Sunday. Over 29,000 runners are competing in the 42 km race. REUTER
      REUTER  -  47 words
    • Article
      Lock icon Construction spending in US at record high in September
      362 14 WASHINGTON Bloomberg Business News US CONSTRUCTION spending rose unexpectedly in September to the highest level on record, as builders of public facilities stepped up construction before the winter, Commerce Department figures showed yesterday. Spending rose 1.9 per cent to U*****.4 billion
      Bloomberg Business News  -  362 words
    • Article
      Lock icon US inflation unlikely to rise: economist
      323 14 WASHINGTON Bloomberg Business News THE economist in charge of the Labor Department's consumer price index said he sees few signs of an inflation threat in the US in the months ahead, except for higher home heating oil prices. "I don't see any real acceleration
      Bloomberg Business News  -  323 words
    • Article
      Lock icon US fighter fires missile at Iraqi system again
      176 14 WASHINGTON AFP A US F-16 fighter fired a HARM anti-radar missile at an Iraqi mobile surface-to-air missile system yesterday in the second such incident in three days, a Pentagon spokesman said. "The F-16 (pilot) received indications he was being targeted," said Pentagon
      AFP  -  176 words
    • WORLD Watch
      • Article
        Lock icon Buba member on condition for EMU delay
        70 14 Bloomberg Business News [BOLZANO, Italy] The future European monetary union should be postponed only if a mere two or three countries qualify for the planned 1999 start, Bundesbank council member Peter Schmidhuber said at a forum on the monetary union last Saturday. But
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Yeltsin in good form as operation nears
        57 14 Reuter [MOSCOW] Doctors said yesterday that Russian President Boris Yeltsin was in fine form as the clock ticked away to his planned heart operation. A doctors' statement released by the Kremlin said Mr Yeltsin's temperature and blood pressure were normal. But the specialists
        Reuter  -  57 words
      • Article
        Lock icon Growth of 4-5% seen for Eastern Europe
        69 14 Bloomberg Business News [PRAGUE] Eastern Europe can expect 4 to 5 pa* cent economic growth rates for the next three years even as its strongest economies grapple with free-market reforms, the European Bank for Reconstruction and Development (EBRD) said. The Czech Republic, Hungary,
        Bloomberg Business News  -  69 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
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      128 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      EU won't let labour issue go away easily
      756 15  -  THB BOTTOM LIME OPINION By Shada Islam The writer is a Brussels-based journalist who contributes to BT ASIAN nations worried about Western moves to put labour rights on the world trade agenda should not be too encouraged by the European Union's decision
      756 words
    • Article
      IN OTHER WORDS
      100 15 'Central planning of the contraceptive-goods production and distribution are necessary as pushing the business into the free market entails an unacceptable risk level' -ULajw of China s State Family Planning Commission, on why the government needs to keep a tight rein on the manufacturing and distribution of
      100 words
    • Article
      US polls: Hope over experience?
      593 15 EDITORIAL IN the annals of US presidential election history, 1996 would be known as the Year of the Yawn It pitted the uninspiring Bob Dole on the Republican ticket against the mediocre incumbent on the Democratic ticket The orchestrated party conventions proved to be nothing
      593 words
    • Article, Illustration
      Lock icon Trade calls US tune
      1064 15  -  Many tatieve business, rather than campaign cash, has swayed Clinton in his handling of Indonesia By\ Nancy Donne, Afshin Molavi Financial Times IN the controversy over ftrndraising by the Clinton campaign, Republicans have been on the hunt for links between campaign contributions provided by sinister Asian
      Financial Times; FILE PHOTOS  -  1,064 words
    • Article
      MAILBOX
      470 15 GPP ftmds and property PLEASE refer to the article, "Executive condo vs HDB flat" by Dr Sim Loo Lee and Mr Yu Lai Boon (BT, Oct 26). The example given in the article seems to suggest that members can use CPF funds up to 80 per cent of the
      470 words
    • Article
      WHAT THE OTHERS SAY
      402 15 Hashimoto's bland doal RYUTARO Hashimoto, Japan's outgoing prime minister, appears to have done enough deals to bring his Liberal Democratic Party back to power as a minority government, even if he fails to win more backing from independent members of parliament. But the 10-point plan he
      402 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      64 15 DOONESBURY By Garry Trudeau AND THEN NOT TO MENTION A -_/t- I THE MAHIEROFTHE H I 6HL VJ£S2^au fOKAY, EVZRYOOP/YOU... YOU PLAY Newio ■R ILLEGAL *250,000 XSSL H SH^EPTHATA POUT7- H TOTHEUJORST nu 15 THATHADTOBERE- INDONESIAN COUPLE' INTER- \cAL fMTY AdCBTTZP M\ W YOUR AUDI- gj£ 0 yfl TURNED TO
      64 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      229 16 You need a strong partnership to master the elements H K,.- g fc 'SKI vjfcrfe 4t# y? i* I V >"* 1*« A J Jtjte &c TfPP7P^^P^-', -JsPf.: JZL -o!k*^ < «T «w, jl ji9Aa^r.jH| -iiy^?s: |u *r ;»*'.*s?/ WE*?^ty y If >• iffljw jkv 1 i When the condition*
      229 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Langer steals limelight, wins Dunhill Masters
      1067 17  -  There was little doubt the German champion would keep his winning streak, reports nn.nnN cbam EILEEN CHAN INCE he started his career in 1979, Germany's Bernhard Langer hasn't gone through a season in Europe without winning. It was his determination to keep his winning
      AFP  -  1,067 words
    • Article, Illustration
      A stunning shfow of contrasting styles
      690 17  -  Urt Roman's «pl«afln in cadmium red is balanced by Gai ink strokes *i Ben Munroe [SINGAPORE] The concept is simple: minimalist acrylic paintings, eye-catching for their explosions of the hottest cadmium red, are contrasted With monochromatically elegant Chinese inks on paper. Independent of the
      690 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      121 17 sing'i ost ffiMbaaixam^ *5? W j HRM Asian buyers H L_i:_. =P n,s timing right datapath > -r"ir* I I ■If 1 M 11 m |A^v g A <m I I j> I* I r I 1 I ft. H tekl r V H H I IIB1 HB I i
      121 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      86 18 OSSIA INT KRNAT I ON AI, LIMITED .7 k. N V T vv I S 'v v v v vv V v a k .i\. v' v > V.; v v < v v s fll I I I ik W 'W ■r OUB is pleased to offer slice i|pS^
      86 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      198 19 Ajvhere to wine, dine and entertain I MEET OUR 4 HEAVENLY KINGS I IceKachang v- (Voted: our most popular) Chendol (Voted: our most refreshing) Bubur Cha Cha (Voted: our hottest) Cheng Tng (Voted: our coolest) Only at Cafe Oriental... i -Unfile 4 165 TANJONG PAGAR ROAD SINGAPORE *****9 •Ttt 224
      198 words
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      Page 19 Advertisements Column 2
      70 19 /ufiA £^ccAeelou nge CONNOISSEURS RENDEZVOUS A popular rendezvous for connoisseurs of Syphon Brewed Coffee, Tea and pre-dinner cocktails. "Cosy, private and quiet" Just the place to relax, catch up with friends, dinch that ail important business deal or simply while away the hours with your favourite "Cuppa". Mi APOUO HOTEL
      70 words
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      Page 19 Advertisements Column 3
      159 19 ISet Lunch ||j Dinner Flavours at Meisan S$ 18.90♦♦♦ per person SS2B.9o+++ per adult; jjflwjj $14.90+++ per child Make your reservations today! jj£g Coil 731-7996. A minimum of 2 diners U required for set menu orders. M-Q 51SIHSAN m OOM FIAU MM gga 25 Scott* Road, Singapore *****0. Bjf Tel:
      159 words
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      Page 19 Advertisements Column 4
      194 19 v v, *PMii s r, t i :i J 4 a i J| Mgf-% 1 •:-■».>■'«►,.. w' •»>-'^ 1 4 X -t m m m *M* gMft- >• T 9S HMw .< |Mi ILONGESTI rft-Tea ft jowrf BY POPULAR DEMAND! rjfeast on our spread of Pastries, Nonya Kmek, ami local
      194 words
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      Page 19 Advertisements Column 5
      89 19 Est Dian Xin Restaurant At The Neptune on Shenton Way <mi Dian Xin/Lunch LI/Ja n3oam-230pm 7TH FLOOR. (VEKSEAS UNION MOUSE. COU.YER QUAY, SINGAPORE *****1. TEL- 224 3922 The Best of Local Hawker Fare Under One Roof 1 30 November 1996 Indulge in a feast of authentic taricer food which includes
      89 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      714 19 1 TV&BADIO u 30 AM Earth 2. OJO Muzik Muzik. LM In Living Color (See Our UMW Mahaguru. IB Th! Wlm^y 8 8 aMc 10J0 Second Chance (Japanese 72 winners. LOO TheTraceyUllmanShow. Drama). P» How'to Du,y Awl °f Di ci^"" Tv1"no»»,io„, £2 ggSLo** B J* fiends. m Hogan's Heroes. IXOO
      714 words
    • Miscellaneous
      Page 19 Miscellaneous Column 2
      150 19 CRYPTIC CROSSWORD ACROSS 28 Stupidly, peer Interferes with I 1 I I I J system (4,10) pletes various small articles YESTERDAY'S SOLUTION www (4A4) 2 Short of vitality, in summary 11 Each April, go for a trip to the is- i, mim < 3 > 4 lands (11) 3 The
      150 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      An unhurried lesson in fairness
      1395 20  -  Rancamaya course is a true resort course built with a hodgepodge of excitement charm, beauty and serenity, says mxoelaus D'cruz NICKLAUS D'CRUZ The writer is mUtor of The Asian Qolfßeview This review and further inftxmatton about golfing in Asia are available on the Internet at
      1,395 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      233 20 v 4 most well-known CARS IN SINGAPORE ARE DRIVEN BY A PAIR OF WHEELS. ordinary wheels, to sure. They're in fact referred include an Express of Progress'. An apt description of the service for those in a a Night Vehicle Deposit service company dedicated to progress those too busy to
      233 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      SIA to sell Raffles City, RC Hotels stakes to DBS Land
      479 21  -  Mtalwplwwfllta $10&2zn, met aaaofttetaka ixteucaot JTArftbAarw Conrad Raj [SINGAPORE] Singapore Airlines said yesterday it has •freed to sell its stakes in Raffles City Pte Ltd and RC Hotels to DBS Land for a minimum of $100.2 million. The national
      479 words
    • Article, Illustration
      Lock icon Creative's shares jump 80 cents to 20-week high
      381 21  -  US$l7-|Hai|nat firMMt fir cirrfßt stares heavily traded By, Jennifer Lien [SINGAPORE] Creative Technology's shares jumped SO cents to a 20-week high of $9.80 yesterday after the company announced Its return to profitability after two successive toes making quarters. Creative was yesterday's top
      Source: Bloomberg; ALLAN  -  381 words
    • Article
      Protecting the Manila bourse from fickle foreign funds
      737 21  -  HOCK LOCK SIEW Al Labita it's about time corporate watchdogs securities regulators dealt squarely with the tyr■H anny of foreign funds In the equities market. One possible measure is to slap a I lock-up period to stamp out rumourdriven manipulative practices and
      737 words
    • Article
      Ho Wah sale scrapped over offer issue
      363 21  -  By\ Siow Li Sen {SINGAPORE] The bid by Ho Wah Gentlng's major shareholders to sell a majority stake in the company was scuttled because of unresolved issues relating to the resultant general offer. "The deal was aborted because of the GO," said a
      363 words
    • Article
      SingTel satellite venture to break even by 2002
      477 21  -  90% tl trkt for USSTOOe project U mm tna China By\ Genevieve Cua [SINGAPORE] The US$7OO million (S$MO million) panAsian mobile satellite project, lnvolvlnf Singapore Telecom and Singapore Technologies, is expected to break even sometime In the year 2002 thrse years after
      477 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon Maybank strong contender for PNB unit
        202 22 Bernama [KUALA LUMPUR] Malayan Banking Bhd has emerged as one of the strongest contenders for the acquisition of PNB Republic Bank (PNB-RB), a subsidiary of the Philippine National Bank (PNB). Peter Favila, president and chief executive of PNB, said so far 14 banks had
        Bernama  -  202 words
      • Article
        Lock icon Hicom and EON to develop URA site in Serangoon
        290 22 Partners to invite other parties to invest in project Bernama (KUALA LUMPUR] Hicom .Holdings' wholly-owned subsidiary, Hicom Properties Sdn Bhd, has entered into an arrangement with Edaran Otomobil Nasional Bhd (EON) to acquire and develop a parcel of land in Singapore.
        Bernama  -  290 words
      • Article
        Lock icon APB opens US$36m brewery in Cambodia
        409 22 It is expected to produce 46 million cans of beer a year for sale there The Straits Times IPHNOM PENH] Singapore's Asia-Pacific Breweries took another step towards its goal of making its Tiger beer the choice of drinkers in the region when it opened
        The Straits Times  -  409 words
      • Article
        Lock icon MBf Capital to hive off Nation
        208 22 Bernama [KUALA LUMPUR] MBf Capital Bhd's wholly-owned subsidiary Natprop Sdn Bhd will dispose of its 6,000,002 ordinary shares in Nation Holdings Sdn Bhd which make up the entire equity to Sri Hartamas Corporation Bhd for M 511.4 million (556.3 million) in cash. In a
        Bernama  -  208 words
      • Article
        Lock icon Power firm aims for listing
        131 22 Reuter IKUALA LUMPUR] Malaysian private power company Port Dickson Power Sdn Bhd has proposed to list its stock on the Kuala Lumpur Stock Exchange, the company's shareholders said. In a statement issued at the weekend to the KLSE, the four shareholders of Port Dickson Power
        Reuter  -  131 words
      • Article
        Falmac's Tianjin plant to start cotton yarn output in April
        358 22  -  New tax roles in China expected to boost its main machine business By] Lu Ning [SINGAPORE] Knitting machine maker Falmac will start producing cotton yarn in April next year, when renovation at a recently-acquired plant in China is completed. The
        358 words
      • Article
        Lock icon CSA subsidiary seeks flotation
        70 22 AFX-Asia (SINGAPORE] CSA Holdings is targeting a year-end listing for its subsidiary CSA Holdings (Malaysia) on the Kuala Lumpur Stock Exchange Second Board, group financial controller Kelvin Kwok said. "We are targeting it for yearend although I think there is a big pile of listings (in
        AFX-Asia  -  70 words
      • Article
        Lock icon 176 bumiputra firms listed on KLSE
        237 22 Bernama [KUALA LUMPUR] A total of 128 bumiputra companies are listed on the main board of the Kuala Lumpur Stock Exchange and 48 other companies on the second board as of Sep 30 this year, Deputy Finance Minister Wong See Wah told the Dewan
        Bernama  -  237 words
      • Article
        Lock icon Pacific Bank growth on track, says CEO
        297 22 Bernama (KUALA LUMPUR] Pacific Bank Bhd is confident of mobilising deposits amounting to M|7 billion (553.89 billion) for the year ending Dec 31, an increase of 40 per cent over last year's total of Mss billion, said its president and chief executive officer,
        Bernama  -  297 words
      • Article
        Lock icon Tan Chong unit in seat-making venture
        147 22 Bernama [KUALA LUMPUR] Tan Chong Motor Holdings Bhd, through its subsidiary Auto Parts Holdings Sdn Bhd, will enter into a joint venture with Irwin Seating Company of the United States to manufacture auditorium and cinema seating for the domestic and export markets. In a
        Bernama  -  147 words
      • Article
        Lock icon H L Prop to sell Guobena Dev
        113 22 AFX-Asia [KUALA LUMPUR] Hong Leong Properties Bhd said its unit, Guobena Sdn Bhd, has proposed to sell Guobena Development Sdn Bhd to Man Yau Holdings Bhd for M 157.58 million (Ss32 million) in shares. The sale will be paid via the issue of
        AFX-Asia  -  113 words
      • COMPANY Briefs
        • Article
          First Engrg sets up China company
          72 22 [SINGAPORE] First Engineering has set up a manufacturing and trading company in China to mat* precision moulding and plastics parts. Shi Cheng Precision Moulds Plastics (Shanghai) Co Ltd, which has a registered capital of US$l.3 million (Ssl.B million), will begin operations at a 19,000
          72 words
        • Article
          SPH renames asset management arm
          39 22 [SINGAPORE! Singapore Press Holdings' wholly-owned asset management arm, Nanyang Slang Pau Singapore Ltd, has been renamed SPH Asset Management Ltd. It is headed by Thomas Koh, who is now designated its chief investment officer.
          39 words
        • Article
          Hotel Plaza ventures into spa business
          40 22 [SINGAPORE] Hotel Plaza has set up a new subsidiary, St Gregory Spa Pte Ltd, which will operate health and beauty retreats and facilities in Singapore. The company has an authorised capital of $5 million.
          40 words
        • Article
          PCL ties up with Norway Ufirm
          51 22 [SINGAPORE] Pacific Carriers Ltd has formed a Joint venture with Norwegian shipping company Tschudi Etizen Shipping to set up a company to provide commercial management services for tankers. Tepac Singapore Pte Ltd has an authorised capital of $100,000, half of which has been paid
          51 words
        • Article
          Lock icon Nam Fatt plans M$400m bond issue
          56 22 Reuter [KUALA LUMPUR] Malaysian construction company Nam Fatt Corp Bhd has proposed issuing Ms4oo million (***** million) worth of 3 per cent unsecured guaranteed bonds with up to 119.50 million detachable warrants. Hie warrants will be offered on the basis of five warrants for
          Reuter  -  56 words
    • REGIONAL COMPANIES
      • Article
        Guoco to increase property exposure in HK, China
        458 23  -  It will take control of HK-fisted firm Lap Hengfbr HKs9oom FYomi Quak Hiang Whai in Hongkong QUEK Leng Chan's Guoco Group is acquiring a Hong-kong-listed firm to help expand its property exposure in Hongkong and China. This means the Hong Leong groups
        458 words
      • Article
        Lock icon China Light interim net profit Ms 14.7%
        252 23 AFP, AFX-Asia [HONGKONG] China Light and Power Co Ltd said yesterday net profit fell 14.7 per cent from a year earlier to HK14.84 billion (S|BBl million) in the year to September. Sales were up 9 per cent over the previous year to HK118.62
        AFP,; AFX-Asia  -  252 words
      • Article
        Lock icon Eyes on HK Tel results
        247 23 Analysts expect profit growth slowdown due to loss of monopoly Bloomberg Business News [HONGKONG] Hongkong Telecommunications Ltd is about to tell investors how much it hurts to lose a 73-year monopoly. Hongkong's biggest telephone company may unveil a 12.5 per cent rise in profit today
        Bloomberg Business News  -  247 words
      • Article
        Lock icon Judicial management for ITC Global?
        291 23 ITC Global and banks are likely to reach such a consensus, say sources AFXAsia (SINGAPORE) The creditors of ITC Global Holdings Ltd may call for the appointment of judicial managers to run the company, according to a source. The trading arm of the Indian blue
        AFX- Asia  -  291 words
      • Article
        Lock icon SCMP reviewing TVE Hldgs assets
        127 23 AFX-Asia [HONGKONG] South China Morning Post (Holdings) Ltd director Kuok Khoon Ho said the company is "reviewing" the assets of TVE Holdings Ltd. Mr Kuok, who is also chairman of TVE, said those assets which were "not related to SCMP and were not making money"
        AFX-Asia  -  127 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Telecoms alliance forces phone giants to rethink plans
        619 25 BT-MCI USS2OB MERGER ATM, MCTs rival, needs to team np with other firms to coonter Concert: analysts Bloomberg Business News Reuter [WASHINGTON] British Telecom's acquisition of MCI Communications Corp, announced over the weekend, will force phone companies worldwide to re-examine their plans
        Bloomberg Business News; Reuter  -  619 words
      • Article
        Lock icon News Corp seen gaining from merger of MCI-British Tel
        339 25 Reuter, Bloomberg Business News [SYDNEY] Rupert Murdoch's News Corp Ltd is likely to benefit from the planned US$2O billion (S*2B billion) merger of MCI Communications Corp and British Telecommunications pic, Australian media analysts said yesterday. They said News, which already has
        Reuter,; Bloomberg Business News  -  339 words
      • Article
        Lock icon Penney buys Eckerd in US$3.3b deal
        482 25 It will become mjyor player in drugstore industry Reuter PALLAS] J C Penney said on Sunday it agreed to buy Eckerd Corp in a US$3.3 billion (554.6 billion) cash, stock and debt deal establishing the retailer as a major player in the rapidly consolidating
        Reuter  -  482 words
      • Article
        Lock icon Germany's Triumph to raise funds for acquisitions
        227 25 FT [LONDON] Germany's Tri-umph-Adler is planning to raise 100 million marks (5592.6 million) through a one-for-four capital increase this month to help finance up to 500 million marks of acquisitions as part of its strategy of buying and consolidating Mittelstand companies the small
        FT  -  227 words
      • Article
        Lock icon Swiss firm UTC sells Jelmoli stake
        258 25 Bloomberg Business News [ZURICH] UTC International AG, a closely-held Swiss investment company, said it sold its controlling stake in Jelmoli Holding AG for 270 million Swiss francs (*****.6 million) to Swiss entrepreneur Walter Fust. UTC had said earlier this year it plans to sell
        Bloomberg Business News  -  258 words
      • Article, Illustration
        Lock icon Ovitz having rocky start at Disney: report
        147 25 Reuter (NEW YORK] Michael Ovitz, who as head of the talent agency CAA was called Hollywood's most powerful man, was having a hard time settling in as president of the Walt Disney Co, Vanity Fair magazine said on Sunday. In an article by
        Reuter  -  147 words
      • Article
        Lock icon Global companies' IPOs in US hit record US$7.2b
        417 25 Reuter [NEW YORK] Initial public offerings of global companies in the United States have hit a new aU-time high this year, a record US$7.2 bUlion (Sslo billion), toppling the 1994 record of US$6.9 billion. Friday's biUion dollar debut of New Holland pushed
        Reuter  -  417 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Golden Valley concerned over Bre-X loan reports
        450 26 Ansae firm fears Bre-X's deal with Panutan Data may obstruct development of gold mine project Reuter [SYDNEY] Australia's Golden Valley Mines yesterday said it was concerned by reports that Canada's Bre-X Minerals Ltd would advance loans to Indonesia's PT Panutan Duta to buy
        Reuter; Source: Bloomberg  -  450 words
      • Article
        Lock icon Invesco to buy mutual fund firm AIM
        153 26 Reuter [NEW YORK] British fUnd management group Invesco has agreed to buy AIM Management Group Inc of the United States for US$l.6 billion (552.25 billion), the Wall Street Journal reported yesterday. The newspaper quoted "people familiar with the matter" as saying Invesco will
        Reuter  -  153 words
      • Article
        Lock icon Aussie bank Westpac to buy back 5% of stock to reduce capital base
        446 26 It has ample money to fond its businesses, doesn't need cash for any acquisitions Bloomberg Business News [SYDNEY] Westpac Banking Corp said it will spend as much as A 5625 million (*****.5 million) buying back 5 per
        Bloomberg Business News  -  446 words
      • SMALL Change
        • Article
          DCB cuts base lending rate
          60 26 [KUALA LUMPUR] Malaysia's DCB Bank Bhd yesterday cut its base lending rate to 9.15 per cent from 9.2 per cent to reflect prevailing interbank rates. The bank said its one-month fixed deposit rate will be unchanged at 7.1 per cent The three, six and nine-month
          60 words
        • Article
          Lock icon Bangladesh stops share collateral
          62 26 Reuter (DHAKA) Bangladesh's central bank has asked commercial banks to stop offering loans against securities as collateral, officials with commercial banks said yesterday. The central Bangladesh Bank In late 1994 allowed commercial banks to give credit at a rate of 40 per cent of the market
          Reuter  -  62 words
        • Article
          Lock icon Shanghai units for French,Japan banks
          100 26 AFP [SHANGHAI] Banque Paribas of France and Japan's Tokal Bank are close to obtaining licences to open full branches in Shanghai, banking sources said yesterday. Jean Michel Piveteau, Banque Paribas' Beijing-based China country manager, confirmed that the bank was asked at the end of August
          AFP  -  100 words
      • Article
        Lock icon Split over Deutsche Telekom IPO pricing
        281 26 FT (LONDON] Goldman Sachs, one of three global coordinators of Deutsche Telekom's 15 billion Deutschemarks (5513.8 billion) initial public offering, had resisted the company's proposed range of 25-30 Deutschemarks a share, arguing the price was too high for many international institutional investors. Tensions rose
        FT  -  281 words
      • Article
        Lock icon Petron to invest in refinery
        127 26 Reuter [MANILA] Oil refiner Petron Corp said yesterday it would invest US$3 billion (554.2 billion) in a grassroots refinery and aromatics plant to be located in a new petrochemical park in Bataan, north-west of Manila. Petron chairman Monico Jacob told reporters the refinery, with a
        Reuter  -  127 words
      • Article
        Lock icon Malaysia mulling over asset-backed securitisation by utilities
        205 26 AFP [KUALA LUMPURJ Malaysia's government said yesterday it was considering allowing non-licensed financial institutions, and corporate entities to undertake asset-based securitisation. Securitisation refers to the packaging of mortgage and other loans into exchangetraded shares and other securities, which can be sold to an
        AFP  -  205 words
      • Article
        Lock icon Nymex oil prices race upon petrol's strength
        266 26 ENERGY REPORT Reuter [NEW YORK] Nymex oil prices raced up yesterday morning, riding on the strength in petrol, expressed largely in a widening Decem-ber-January unleaded spread, traders said. But traders noted that last week's sharp losses damaged the outlook for bullish technicals, and
        Reuter  -  266 words
      • Article
        Lock icon Euro$ flat ahead of US polls
        225 26 SnKTRX Report Reuter [SINGAPORE] Simex Eurodollar futures ended little changed in thin trade yesterday as players adjusted their positions ahead of the US presidential election today. Dealers said President Bill Clinton was widely expected to be re-elected but the market was increasingly focused on
        Reuter  -  225 words
      • Article
        Lock icon CURRENCY REPORT
        151 26 AFP THE dollar was little changed on the eve of the US presidential election, forex dealers said early yesterday afternoon. It was going for 1.5136 marks, unchanged from the morning level and down from 1.5157 Friday evening, and at 113.18 yen against 113.16 and 113. 02. The dollar
        AFP  -  151 words
      • Article, Illustration
        Untitled
        1018 26 nriTOACTOOWKATM ay M j zzz jjarj 5 jh ssajs irjSn&sttLsr 2?* a 25 AIM k 237 n££ «S ni2 2 MS ?4S *2 im 1050 30.130 19.705 1.056 1522 0.950 20.6* 19.t14 0.457 0.750 ST gg S8 tS °tS »r* ,i%£g ts £2 53J ?a 5giS,i5S 88 !S SiS 83!
        1,018 words
    • Article
      COMMODITY PRICES
      1365 27 [-HO) i 1 LOW Law Clott Satt 181.00 ***** 105.75 107.00 moo 109.00 109.50 Satt Votama (toanos) Volama (tomts) Nov 4 Optn Intarast 1250 1325 WOO MOO 3750 4260 Opaa Intarast Oac 96 Jan 97 FaO 97 Mar 97 l S&H Ott/D«c 97 126.50 126.00 126.50 127.50 128.25
      1,365 words
    • Article
      WORLD STOCK MARKETS
      1901 27 LOMMM I"* Pma AS Part* 269.400 -1400 AMay Natlanal 636 ♦1 AMadOomacq 474.400 .600 Am* 101.400 -2 Asda Group 116.600 -I •AT tnd 4J7 .3 «CC 290.400 -1 BOC Group 696.400 -7 w Patrolou™ 638.400 -6.600 •TR 230 -1 Bank of Scotland 278.400 -3.600 Barclays 956.400 -7.600
      1,901 words
    • Article, Illustration
      Lock icon HONGKONG
      1577 28 Reuter +30J3 THE Hang Seng Index managed to eke out a new closing record high yesterday, aided by a jump in New World Development shares ahead of the release of the company's results this week. £.!The index closed 30.13 txSlnts higher at 12,559.40, beating Friday's record close of 12,529.27.
      Reuter  -  1,577 words
    • Article, Illustration
      Lock icon CHINA
      568 28 Reuter n Shenzhen B Share Index -oiB SHENZHEN'S B Share Index closed slightly lower yesterday, reversing early gains late in the session due in part to selling of weaker shares, brokers said. The B Share Index shed 0.18 point, or 0.20 per cent, to 90.67 on turnover of HK513.57
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  568 words
    • Article
      Lock icon TAIPEI
      400 28 Reuter QWP Index +SM7 SHARE prices closed sharply higher yesterday, with market confidence rising after the government announced it was freeing two major state funds to invest in stocks, brokers said. The Weighted Price Index ended 59.67 points or 0.91 per cent higher at 6,622.61, the market's highest close
      Reuter  -  400 words
    • Article, Illustration
      Lock icon JAKARTA
      724 28 AFP Composite Index +7.66 INDONESIAN share prices closed 1.3 per cent higher yesterday in thin buying of selected blue chips with foreigners mostly inactive. "It was not exactly huge volume but the index was driven by select blue chip (buying) by foreigners and locals," said Alastair Bruce, institutional sales
      AFP  -  724 words
    • Article
      Lock icon WELLINGTON
      254 28 Bloomberg Business News Q Wellington -7JO The NZSE Top-40 Index fell 7.90 points, or 0.3 per cent, to 2,314.50 points. Within the index, decliners outnumbered advancers by 18 to 16. Value was NZ$5O million. Bloom i v- rmm AN2 Banking 8 20 -0.10 6819 A4vwrt*9M Kldgs 1.27 -0.02 5100
      Bloomberg Business News  -  254 words
    • Article, Illustration
      Lock icon BANGKOK
      782 28 Reuter n SET Index +0.45 THAI stocks closed slightly up yesterday in quiet trade as investors remained reluctant to enter the market ahead of the Nov 17 general election, brokers said. The SET Index closed up 0.45 point at 912.97 with 1.68 billion baht trade. The SET-50 Index flnised
      Reuter  -  782 words
    • Article
      Lock icon MANILA
      300 28 Reuter P| Manila +12J4 SHARES ended slightly up yesterday after a slow opening, shored up by bargain hunting in selected blue chips, traders said. The main index closed up 12.14 points, or 0.41 per cent, at 2,976.14 points. Metrobank's rise by 20 pesos to 600 pesos and Petron Corp's
      Reuter  -  300 words
    • Article
      Lock icon SEOUL
      354 28 AFP CI Composite Index -1&31 SHARE prices fell 2.4 per cent to a three-year low on the Korea Stock Exchange yesterday, dampened by the launching by President Kim Young Sam of a sweeping anti-corruption drive, dealers said. The Composite Index plunged 18.31 points to 747.42 points, the lowest since
      AFP  -  354 words
    • Article
      Lock icon SYDNEY
      600 28 AFP QU Ordinaries +18J LATE buying on expectations that the Reserve Bank of Australia will decide to cut interest rates spurred Australian share prices to an 0.8 per cent rise yesterday. The All Ordinaries Index rose 18.1 points to 2,357.5 points. The All Industrials surged 31.6 points to 3,663.5
      AFP  -  600 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Tenaga hits six-month high
        7432 29 Bloomberg Business News M Composite Index -*459 STOCKS rose, led by Tenaga Nasional Bhd, which soared to its highest point in more than six months as investors bet the power utility's troubled past is over. "There can only be good news from now on for Tenaga,"
        Bloomberg Business News  -  7,432 words
    • WARRANTS & OPTIONS
      • Article
        Lien Hoe TSR worth looking at
        3270 30  -  WARRANT WATCH -By\ Paul Leo THE premium on a warrant drops as the expiry date draws near. This is due to "time-decay". In other words, the shorter the lifespan of a warrant, the harder it is to find a buyer. But this does not
        3,270 words
    • Article
      CLOB INTERNATIONAL
      1704 30 MALAYSIAN STOCKS V* Do* LMtOurt* Dk Dk W M M Cap > M0i Law Stna C—npan» Ml COOP) W# Law Buyar t—«r Cw P/C |<Md 625 360 mtSOOO AISBSOc 416 Cd -24 90 420 416 414 418 53 4.9 03 87 9 424.7 119 84 mi 5001 AM0850C
      1,704 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1326 31 TURNOVER TURNOVER COOO) VALUE COOO) Main CM Total Main CM Tatai industrial 37.443 13.121 50.565 162.103 11.128 173.231 Flnanca 3,625 1.812 5.437 37,813 2.540 40.353 Propartlas 1.050 IM 1,164 2,269 170 2.439 3.867 4,179 *046 18.718 4317 23,232 Plantation 235 235 555 555 Total 217 217 572 572 3,080 4.223
        1,326 words
      • Article
        MAIN BOARD
        4138 31 u L*it VM Day Last Ouota D)» OW YM Nat Cm An J® Company Sal* (*000) Low Buyer s«H*r C'rr P/E $mM Prtea MDKSTMALS 5146 ASENT$10 200 US- •000 900 ASFUSSO.*****.-_.. US900 man 444 308 m t inoo US 2 35 '78 178 178 179 5.0N 7.5 10
        4,138 words
      • Article
        SESDAQ
        637 31 stN. crnmv kiu 047 U,t W* Otv N»t cJJ A™ =5 8 > *r < OOP) Htfh Law toy* S««»f Cvr p/c $mlt Prtc* SCSMO 2 S '21 :i&rO£z=5? 5! IS "m 5 a «5 'g 55 Io02 ggg" 01 Sg J! S. 5 «S 30.0* 4.7 2.9 s
        637 words
      • Article, Illustration
        Market generally weak despite STII's 7.6-point rise
        736 32  -  STOCK MARKET OOMMBMTiRT Losers outnumber gainers 3d; gains made by major indices suggest some bargain hunting of index-linked stocks Byi Paul Leo [SINGAPORE] Shares ended generally lower yesterday with interests focused mainly on a handful of situational counters. The major indices, however, did
        736 words
      • Article, Illustration
        HOT STOCK
        68 32  -  ■Wi Paul Leo AM Holdings rote six c&nts to $1.94 with 151,000 shorts dom, WL7per ami mors then the 10-day average Of 117,900 units. Further upside Is liktfy to be short-term in nature as daily HSIis in overbought territory. Average Directional Movement Index is also indicating the current
        68 words
      • ON THE GRAPEVINE
        • Article
          Creative surprise
          123 32 CREATIVE Technology's healthy first-quarter results must have triggered sighs of relief among many investors, judging by the mood st the company's quarterly results conference call with analysts on Saturday morning. Five of the seven analysts present prefaced their remarks with, "Congratulations on an excellent set of results!" or
          123 words
        • Article
          Hold your breath
          139 32 3M is unveiling this thoroughly fcsclnating invention at a press conference on Thursday. The prats invite dubbed it "the most exciting thing to happen to the nose since the Invention of the handkerchief The 3M's nasal strip is meant to help people breathe right, a company's statement
          139 words
        • Article
          Save-the-trees IPOs
          65 32 HIGHER price-toearninfi multiples Is not the only reason Hongkong companies should list their sharee In Singapore. Hongkong-based accountant and former legislative councillor Petor Wong haa this down-to-earth advice: the Stock Exchange of Singapore only requires the prospectus for initial public offers to be in English. Unlike the Hongkong
          65 words
        • Article
          Rashid Hussain voted top in M'sia
          77 32 KUALA LUMPUR'S Raahid Hussaln Securities (RHS) has been voted top Malaysian stockbroking firm by Asiamoney I magasine. In a poll carried out by the magazine, RHS clinched top marks for overall research, specialist research, salee and back office categories. The poll also placed RHS
          77 words
        • Article
          Junk research?
          113 32 THE tame poll, however, also concluded that most Asian ex-Japan equity research is Junk. It seems that fond managers who have always been critical of research by Asian brokerages are even more disenchanted this year. A reason for the apparently shoddy research is the high rate of staff
          113 words
        • Article
          Sign of an economic slowdown
          96 32 ONE haadhunter who specialises in pharmaceutical and financial companies J say the economy is definitely slowing down. His recent business dealings suggest that companies are into Job enlargement rather than hiring. M I was told to headhunt a Singapore manager for this company. After paring
          96 words
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      141 21 Come to where the business is... I'* gf in the Centre of Asia. r. If fi MB Th# Singapore International Convention Exhibition o *jt J Centre is proud to be the host venue for the World Trad# Organization Ministerial ministerial Conference, 9 13 December 1996. conference Not an everyday occurence.
      141 words
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      72 22 The fastest short-cut to Berlin, Brussels and Milan: Swissair via Zurich I Swissair flies you to more than 100 destinations in over 60 countries. From Zurich. And our airport transit times are the world's shortest. So why not fly via Switzerland next time, with Swissair? You'll be rewarded with unprecedented
      72 words
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      59 23 Tung Centre 745 sf 3 J 65 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf 174 Paya Lebar Road Short term lease Built-up area: 14,477.58 sf O First Capital Property Management Pte Ltd sr (A Bcabcr of Flnt Capital Corporatloa
      59 words
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      Page 23 Advertisements Column 2
      297 23 rWXB I nrent Trrhnolonirt NATIONAL SOENCE TECHNOLOGY BOARD Bell Labs Innovations As part of the Bell Labs tour-de-Asia Pacific, Lucent Technologies has specially organised a Bell Labs seminar session in Singapore on Friday, 15th November '96. This seminar is fully supported by Business Communications Systems (BCS), a business unit of
      297 words
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      170 24 If ite > rM Tt rM' !<fcS R! ■»<r« 'Tj' In Its Recent Survey 1996 I yv 1111 f ITiTlTv^l I 111 111 I 111 r Polled ft' Rashid Hussain Securities Overall Best Broker In Malaysia $f? if.v *> hk^ JCTWJfJ [9 We'll Strive Harder To Serve You Better. B
      170 words
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      41 25 Singapore's one and only duck restaurant at Hotel Negara A An unforgettable dining experience of exciting duck dishes set against rustic beauty. (SSfo Hotel Negara, 10 Claymore Road, Singapore *****0 Tel: 737 0811 (Hotel Negara is located behind Orchard Towers) oanatmM&HM
      41 words
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      Page 25 Advertisements Column 2
      179 25 pYour Menu for a 5-course Thai Holiday Oumgmai Ok***ora» Golf lovers can whet their appetite for the game on the world-class green of northern Thailand. Non golfers can feast their eyes on the natural wonders and ancient treasures of Chiangmai and Chiangrai. It's a holiday that's far better value than
      179 words
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      33 26 For Sale By Tender Collective Sale At Fort Road Freehold Site Area 39,334 sq ft DGP Residential, Plot Ratio 2.1,16 storeys Tender dosing: 28 November 1996 at 3 pm Lot 1890 Mukim 25
      33 words
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      38 27 ♦The Tokyo market wm dosed yeiterday for a holiday 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.
      38 words
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      106 28 F up to 4hrs to the USA via our Detroit hub. The best way to enjoy extra time on the ground in the Eastern USA is to fly Northwest. For instance, we'll save you almost an hour to New York and Chicago, shrs to Minneapolis, 4hrs Boston to Detroit and
      106 words
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      118 30 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: M f 7 jMH| So, why keep your shares tucked away? c -_jM Use it for a million purposes. Call us
      118 words
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      1473 32 BUSINESS A otii CS l() \D\lKl|n| < MM I IKM ISOO-74 1 \SS} IN THE MATTER OP THE COMPANIES ACT, CAP. M PO SHEN GOLDSMITHS JEWELLERS PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) Al aa Extraordinary Geaeral Meeting of Ike aboveaamed Company duly convened aad held at 133 New Bridge Road#lS-OIA>2
      1,473 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      315 33 Bridge News, Reuter .OWNERS of Panama y tonnage in the north Atlantic and the east ended the week in a very positive mood with rates generally remaining at firm levels, brokers said. The Baltic Freight Index came in 12 up at 1,323. It could have been more and
      Bridge News,; Reuter  -  315 words
    • Article
      MARITIME STOCKS
      219 33 CVTDMMIM—1.09 -0.01 7 a—ii>» a«4 -0.005 19 ClIU HWlNlK —V44 -0.0< 12 rm >«i -OK) i76 FrMMUMt 0.68 0.005 12 timmm am -o.oos 7 < MMtMHw am -0.005 43 06) -002 4 MBMaMRQi HKS.60 Jim llllln too -0u02 3t JUrtfta Shfenr* OSS -O.OS 49 MWMCorp 10 JO H3.I0
      219 words
    • Article
      Shipbreaking industry hit by falling prices, demand
      449 33  -  Drewry report warns of looming crisis as margin profits are being squeezed By Felix Chan [SINGAPOPE] The ship demolition business is heading for a crisis, with both shipbreakers and shipowners hit by falling prices and demand. Up to now, the shipping community has
      449 words
    • Article
      Lock icon Pan Ocean plans to expand owned fleet to 80 by 2001
      298 33 Lloyd's List [SEOUL] South Korean bulk carrier operator Pan Ocean Shipping aims to build seven to eight ships a year, with the ultimate goal of owning a fleet of around 80 vessels with an average age of 10 years
      Lloyd's List  -  298 words
    • Article
      Lock icon Beijing picks 4 firms to ply China-Taiwan shipping routes
      215 33 Fqpan Shipbuilding Co, Gosco's Xiamen branch among the 4 Bridge News [TAIPEI] China's Ministry of Transportation has selected four Chinese shipping firms to be assigned to ply China-Tai-wan shipping lanes when such links become possible, according to a report in yesterday's
      Bridge News  -  215 words
    • Article
      Lock icon High-speed cargo ships seen as marking a new era for shipping
      269 33 Journal of Commerce [LONDON] The benefits of high-speed craft that can travel at up to twice the speed of conventional vessels will be lost unless ports introduce much faster cargo-handling procedures, an expert on fast ships warns. Karl Morten
      Journal of Commerce  -  269 words
    • Article
      Hongkong needs CT10, PDB chief tells residents
      191 33 [HONGKONG] Once Kwai Chung reaches capacity, Hongkong has no other option but to depend on Container Terminal 10, said Port Development Board (PDB) secretary Richard Yuen in response to residents' objections to the development of CT10,11,12 and 13 on Lantau Island. Mr Yuen
      191 words
    • PORT Shots
      • Article
        Lock icon Taiwan nod for cross-strait shipping
        63 33 AFX-Asia fore ign reglstered vessels to sail directly between designated Taiwan and China ports, the United Evening News quoted Ministry of Transportation and Communications Minister Tsal Chao-yang as saying. Mr Tsai said under the ministry's proposal foreign vessels plying the route will be prohibited from
        AFX-Asia  -  63 words
      • Article
        World's largest ULCC due at Dubai dock
        57 33 [DUBAI] The 564,763 deadweight tonne ultra large crude carrier (ULCC) J rahre Viking- the world's largest oil tanker—will undergo general repair work this month to the Gulf Arab Emirate of Dubai, Gulf shipping sources said. The Norwegian-flagged vessel arrives at Dubai Dry Docks
        57 words
      • Article
        Lock icon OOIL reshuffles after CEO's departure
        65 33 AFP [HONGKONG] Hongkong shipping firm Orient Overseas (International) Ltd (OOIL) has reshuffled its board after the departure of former chief executive and chairman Tung Chee-hwa. Tung Chee-hwa, 60. announced on Oct 18 he was quitting as head of Orient Overseas to a bid to become
        AFP  -  65 words
      • Article
        Tradeship to start Indochina service
        68 33 [SINGAPORE] Tradeship East is starting Its Indochina service covering Singapore, Vietnam, Cambodia and Thailand this month. The regular seml-contalner service commences at Bangkok, with a rotation of Bangkok, Slhanoukville, Ho Chi Mtoh City, Singapore, and the other way round. The company has plans to upgrade
        68 words
    • Article
      IHI and Sumitomo to exchange shipbuilding design data online
      155 33 [TOKYO] Ishikawajima-Hari-ma Heavy Industries Co and Sumitomo Heavy Industries Ltd have agreed to exchange shipbuilding design data online to reduce costs. The two firms will share design data on very large crude carriers of 200,000 tonnes or more, sharply reducing the
      155 words
    • Article, Illustration
      Lock icon Workers' lifeline under threat
      1155 34  -  SBZPBRXSAKZNO INDUSTRY: TOUGH TIMES IN INDIA New shipbreaking companies rushing into the industry have caused scrap prices to fall, and losses will cause many of India's breakers on the Gujarati coastline to close, putting 30,000 impoverished workers out of a job By 1 Richard Baum Bloomberg
      Bloomberg Business News; FILE PHOTO  -  1,155 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      278 34 PAOC DraftCargo 11 AO. II ttstiMi 2 A«occ«n 13 tCL 6 AMI 3 EES 13 AM* 13 Ethiopian Accord 12 Euroitans 6 Ahrmkwl 4 6 AppmlMD 4 f4mous T Astro 3 FL-Bright 7 Austral rt t2 Avant 6 FroU >2 BSA 7 frt
      278 words
    • Article
      SHIPPING GUIDE
      15691 40 EXPORT ETA ETA Advortlsor Vossol Voyago T—phoo* ETA ETA AdvortMor V«M Voyogo TMfkm T| p f jjjL-Jj**t!L Homo nwdot Numtwr A Mrt 2i/n surtyi* orient freedom vj4 49-22*3772 M/l 21/11 Xour ORIENT FREEDOM M 45-*****54 T» ABIDJAN (ABJ) 2003 M/I 23/1 ACL KOTACAHAYA CAHM* 49-228*21 Ivory Coast, Cote
      15,691 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        734 47 J"* 1 VeyMo Bfth Arrival Daparturt JniM f ««0 J02 Map* OllWJOfl. J V* J01 M*lHi 05 1V030C' w» M 05IV0J00 11* J" M*M* 0*11/0700 N* WH JO *0|H*| 05 IV2359 M™« V* JO* tfoaetfi 04 n/0400 ?Ei J?* "5? *MH«| 06.U/1500 JJM* 03 «M«a* OUVHOO JMM 4
        734 words
      • Article
        CONTAINER SCHEDULES
        1283 47 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Booktn«/B«Unct Ritls Yoy Mo Ett/Btr Nrtod froM To Prow toJ<* IB* OVM M OVHOO OVM OVHOO *Q LwMr «n 0V20M M MIM MM NM ii" <55 ovom w mm mm ovm s avow ovm ovuoc 4 ovm OVM 0VT7W MM
        1,283 words
      • Article
        GLOBAL HOLIDAY
        196 47 Itovl Morocco Anniversary of the Green March. Nov 7 Belarus/ Russia/ Ukraine: October Revolution Anniversary. Bangladesh: National Revolution and Solidarity Day. Tunisia Anniversary of President's Zine al Abidine Ben All arrival to power. NnB India: Dhan Teras. Nov 9 India: Kali Chaudas. Pakistan Allama Iqbal's Birthday. Kw 10
        196 words
      • Article
        COCKETT BUNKER MARKET REPORT
        769 47 THIS report, compiled by Cockatt Marina Oil Lid. shows price ran«es la US dollar* Instead at •laos prtcss for man comprehensive deealp. tlon of the market Prices shown art baaed on averaarslsed Mem. Market movement! are Indicated The Cockett Bunker Price Index chsnpc and the individual
        769 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        272 47 rT* "OH" 9924 10 174 0.10 49 til P wWt >wi Hmktm Utmmt Ho*ow£25 t 0 I 0 0 Mi MO Am «i OJ 144 0.07 Ml *V> »Mi »W 1 "f 1 55 —c —57—15 —5 —rir 55 25 0 Kr 100 Mu 1000.0 0.9
        272 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon World airlines' profits hit by soaring fuel costs
        431 48 lata expects record profit of USss.sb, down from earlier forecast of USs6b Reuter [GENEVA] World airlines appear headed for their second year in a row of record profits but soaring fuel costs are slicing into their overall revenues, the head of the
        Reuter  -  431 words
      • Article
        Lock icon Airbus beats Boeing to win Emirates' US$2b order
        281 48 AFP [DUBAI] The European consortium Airbus Industrie beat its US rival Boeing to sign a US$2 billion (Ss2.B billion) deal here yesterday to sell 16 A330-200S to Emirates airline of the United Arab Emirates (UAE), officials said. Emirates which flies non-stop to
        AFP  -  281 words
      • Article
        Lock icon Malaysia will ground Boeing 737 if rudder proves dangerous
        302 48 AFP [KUALA LUMPUR] Malaysia's Transport Minister Ling Liong Sik said yesterday he would order Malaysia Airlines System Bhd to ground all its Boeing 737 aircraft if a suspected flaw in the airplane's rudder is found to be dangerous. Dr Ling said
        AFP  -  302 words
      • Article
        Lock icon Garuda to raise freight rates by year-end
        179 48 Reuter [JAKARTA] Indonesia's national airline Garuda International said yesterday it planned price rises for its domestic and international freight operations by the end of the year due to the rising price of jet ftiel. Dede Suherman, tariff and pricing manager for Garuda's air
        Reuter  -  179 words
      • LOG Book
        • Article
          Lock icon PAL, union sign deal, ending strike
          89 48 AFX-Asia [MANILA] Philippine Airlines management and union leaders signed an agreement before Labour Secretary Leonardo Quisumbing ending a four-day strike, officials said. Undo* the agreement, all strikers were to return to work by noon on Sunday and negotiations for a new collective bargaining agreement
          AFX-Asia  -  89 words
        • Article, Illustration
          Lock icon Fog delays flights at Beijing airport
          56 48 AFP [BEIJING] Foreign tourists joining thousands of other airline passengers stranded at Beijing Capital airport on Sunday after heavy fog delayed more than 160 flights. Some 47 in-coming and 120 out going flights were postponed and nearly 10,000 passengers were stuck at the airport
          AFP  -  56 words
        • Article
          Lock icon Morocco airline orders 2 B737-800 jets
          100 48 AFP (RABATJ Morocco's Royal Air Maroc has ordered two next-generation Boeing 737-800 airliners that will go into service from April 1968, the airline announced on Sunday. In a statement, it said the American-built 153-seat airliners would be fitted with CFM 56-FB engines. The value
          AFP  -  100 words
      • Article
        Lock icon Canadian Airlines to cut jobs, salaries and flights
        200 48 AFP (CALGARY, Alberta] Canadian Airlines International will cut 250 jobs, slash salaries by 10 per cent and reduce flights to Europe as part of a restructuring programme to cut operating expenses. "Our continuing operating losses are threatening the company's viability," company head
        AFP  -  200 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1319 48 OTY FU6HT ETA FU6OT ETP AMDii $0230 1815 0f82 2050 Cnnrt-PtC C2354 0920 WO Hanoi VN745 1255 VW744 1355 Aastortw GA897 1W5 KL844 0125 VWT4I WO VW740 WO S0329 1525 KL838 2335 Not YaJ TG407 2120 TG400 0820 law C40 S02* 2355 M895 285 IM896 MB
        1,319 words
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      635 34 BOTm PWt CT F RO>,« t TC 1 touu j rasa m OM VM sa u rasa vor aw ju im |on m mxzmcw 4fw M/i# i;/w lj/ii Ji/i# #7/11 «Si Ml if/M M/1# 2S/M 31/ It M/ii OBtfiMIMT OJW 21/ M 24/10 M/ 10 M/ 10 14/11 OAMMABOAY 0M
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      595 34 Un* 4 MrvtCM rapraMntod by Mamban o» Vw Ragttry <* Mamtow* o» e» Accradftad Shaping Agar*. tUMSV Singapore S*po>a NaUonal Shipping A—oc Awodrton. CALL US... ANYWHERE, ANYTIME^ inttwdemanding world of mame Wilt a wortdwide supply nm«cxl( of Ulncaion, toe effort servicing of more than 560 ports in ovtr 70 customers'vessels
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      1161 35 \M Ifl jg^^M I Hanc SOUTH WEST EXWESS fIMECT) |wrl hi \mm |»re |ua|n|i|qi|ii»cl/K Imi I m I I rnnftn mm m/win/w ih/w iw/ii I u/ii I 11/11 i 13/11 w/ii m/ii n/p n/n mown im lw/i>lw/i> Iw/ii lis/1) I w/ii I w/ii I w/ii 121/n n/ii a/n ra7TT~I a
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      Page 35 Advertisements Column 2
      1407 35 HANJIN SHIPPING liM HMA/VOT IM I su m m ro> CM WT|— ¥t CA^ immmum M£i_ jmi__»Zli_ n/11 n/n m/ii m/h ~m7tT ""m/iT" laTiT "am" ~m7™~ WII L,„ M/ 1. J:, -^r lEpzliii:!!; HAONMMOMM iia. J2£L m£ Tm ZZ kt- i:Jr„ i:„| i, llz I i-..-..-. i-1 =E=fV: nln £!ssx«»~
      1,407 words
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      82 35 Jl i —I* rfcßl ORIENT EXPRESS UNES (U.K.) LIMITED (MANAGER FOR SHREYAS SHIPPING LIMITED) SINGAPORE/MUMBAI (BOMBAY) SHUTTLE *5* VOT SWGAfOtt WtAY YESSfI VOY IQMtAY SittAfOtj L£ERO<rr 909 05/11 12/11 EUZA 303 30/10 05/11 SINARTQ6A 203 17/11 24/11 9NARTO6A 202 10/11 17/11 NOROKAP 403 22/11 29/11 NORDKAP 402 14/11 22/11 L£E
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      584 36 i'l OSR-SENATORI h M>l Round the World Container Services b ACCEPTING i > •I ODESSA I t 1, I AS WELL AS ALL J- 1 rs, OTHER EAST MEDITERRANEAN b L PORTS AND INLAND POINTS N; NEWSHIP AGENCIES PTE LTD HNBAPOBBTOiMMi BttllHW TLX.-RBOM FORENQUIKY/BOOKINGScJKNNY/LAYCHOOCATHERINEfIaVM/MVMI PCBTILANOtfIMUMN MALM SDN NDISLtM-TMOIUSHUMINQLMBBPAXW-IHMSiPOaDKIIfIKmOOKINQStMBTAN AIOBOnAMAKY PPIAMQ.
      584 words
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      924 36 I NORA6IA IVtSBB. VOV [5 N PWTI OOA LAS BCL VAL ALQ NOT ANT FE UU MMHHOUM myi nni w/11 22/11 27/11 M/II ti/12 m »n MK XMBKM 9644-3 IVII 14/11 2*ll «Vll 2J" *21 NORSHMUM MM 2*ll 21/11 N/12 I*ll Mfl2 1*« 12f12 Urt» !M» *SC WKIA WM 27/11
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      Page 36 Advertisements Column 3
      343 36 Direct Container Service to Fangcheng i Zhanjiang Vast! S'poft EiMcfcat ZhßfcM uanmo M/n 2Vn 21/n I NdHrtiANk J te: u-tmu7 HJLu-nm» m,Mm •f/lftfmhr RO/RO, Ramp Capacity opto 40 9am Haavy LMt apia 6L5 9aas Thai Rag Stahn kkixpran VJSA 07-09/11 IMS/11 IS-14/11 20-fi/ll v-*a »-n/ii n-io/n ts-H/ii 01-04/11 A* Eiwmm
      343 words
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      1305 37 ff^^TRAIT^HIPPIN^r^TD IM Mf 10 Hoe Chiang Rood #11-01 Keppel Towors MLM Singapore *****5 T«l: *****88 Fax: *****17 umiumimmmumm mo cut iimh ruu gumma iitvKi SSS mm I w/nl ii/n I iyii~ ymmmn mu« m/ii I ii/n aMtTSST mat I M/ii ly/ii ii/n dßßixmoy miw u/n I io/ii Humnon m»i 111/11
      1,305 words
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      Page 37 Advertisements Column 2
      1047 37 llpsHOKtitM#msm§g 1 a o s^!!'" 6 m LTP cSsl lis!/? fiSiV" 2SS COSTAIAMNaiS an SM Mi T/BWff MFI i IMSWS IE; g#j Mm K»- W47-WWIW VBWomu scp m w u MO n ui m m m tm m mt <* «c rs~l SS" gft m! m! mi mi w» mi
      1,047 words
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      Page 37 Advertisements Column 3
      368 37 j I IPERKAPALAN DAI ZHUN £jy TONG JOO SHIPPING PTE LTD CR NO: *****880^000 REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 gps2 ttam+tunn numtnji wim MuomrriantA Incm mm**mcath yj »mi Hill 04/11 I CUOO HM 17/11 f CMJAI AS4M 10/11 T MM MM »/ll OIOM Hit Oa/ll GMI
      368 words
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      1210 38 I rjiHH 41J-J. I J.l-I-H A i fl B 1 It m 1 hhm k iIMLJ B I I I ■mmni IMF ROM ANW HIQ IMP ZEE LHV LHV THf ROM ANW HM PH. MP I f "*i2. *vii mm sz/ii sj/ii urn e. booos m-sm in« ini is/io 17/14
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      920 38 Olii VBSA VOTAH SOP DM AM MM MM IWT Ml I VBSA VOYUX DM AM MM MM MP I MOMT WlZire 07/11 17/11 Ml 11/11 Wll 11/11 11/11 I IMCMOT 0475-07K 77/10 71/10 79/10 30/10 H/M I mam mhw ivh tvii ts/ii w\\ 77/11 ivii a/11 ludkowdio mimjji ovii ovii
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      Page 38 Advertisements Column 3
      479 38 ippuig i mica, i uesuay, iNovemDer a, iy»o NANTAI LINE wnawaßTHiuaMm—mo mmnmrntmu WS» [WTISWIM |W|<W 1 1 [■¥> |m I ywTsg" rmrbwb m yii tin iVII w/i? warn irn n/ii wu CVII MI T" T" T~ 1 i» ri»_- T~ 7" i» n*- ~T" I NORTH EAST ASIA SERVICE WIBttY
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      641 39 BSA a M MYANMA pWk FIVE STAR UNE (My«HMr N*Hmml Um) loorfbf far YaafM (RaafOM) VOT SM PUG KM PGU MA4MAT 41W SU PMTA Ml MPT MAUTSM AfiSITS: OOVSTIAD SMPPMG A6BKKS nk m 02-OJ-24ima rtL m m-m-j/mioi km m 02-04-*****02 nm m 0247-*****21/4 m BANK LINE (A ttnkt W MMraw
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      Page 39 Advertisements Column 2
      922 39 ▲HYUNDAI I MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 Iwssa wr l a I Imi I at I m I I w IMIMOMMBJ Soil 10/11 27/1 l M/ 11 M/ 11 M/ll ""I/fi 03/12 Ml lAIOM JOJW 17/11 M/ 12 M/ 12 07/12 07/12 07/12 10/12 NtOKMa JOJW
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      Page 39 Advertisements Column 3
      460 39 I FAMOUS CONTAINER UNESI 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) I MEDITERRANEAN ifffA We make Sure Our Standards Never Change For more details please call for f Ramlah/Angie/Molly I Q3 3 183 3 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J.
      460 words
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      Page 41 Advertisements Column 1
      51 41 To retrieve more schedules, Just follow these simple steps... document 740-6000 tep be faxed 1 to y° u "1" €>lect the port jPjEnter your Step key in the four number ildigit code Key in your" Example: ,-JL, fax number To NEW YORK (NYC) 2275 for calls within Singapore Unfod States
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      Page 43 Advertisements Column 1
      490 43 Tropical IT h ippin O A Central Amama DORTHE MAERSK 555SSSE" 9609 9607 Country 06/11 12/11 C>y 09/12 16/12 6nag*town Barfeodoi 12 12 19/12 Cartag*na Colombia )/)2 )8/)2 SdTFrone. ~/12 18/12 Fort d* Franc* Mortn.qu* 12/12 19/12 Bahama* 07/)) u/12 K"®*'" Jamaica 09/11 16/12 Ffcnteah** GvxxWuop* 2/)2 19/12 jStfofSpo 1
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      Page 43 Advertisements Column 2
      517 43 ADVANCE CONTAINER LINES (PTE) LTD API 140 C«cH StrMt, #12-00, PM- BulkSng, Singapore *****0 _'MV LZ TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E WE ARE PLEASED TO ANNOUNCE THE COMMENCEMENT OF OUR SINGAPORE YANGON SERVICE WITH OUR M.V. SINTRA LOADING AT S'PORE ON 21 NOVEMBER' 96
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      Page 43 Advertisements Column 3
      758 43 P*"*™ tfw HAMBURG inwnPORT ROTTERDAM /MdVIW wuidec<hm* ci7w «"i n/11 a*n 2*ll 2*ll am ovia WLLEOESAOfTTA tWW 12/11 2*ll gytg MLLEDE NORMA NI7W I*ll 3QTII WXEOE POOKA HI7W 2*ll 07/12 I*l2 wia 2*12 am "ALSO ACCEPTING CAROO TO ALL U. K. DESTMATIONB. Mi^^^|^2^lllj^!!^^^!^^*L? ol><p<BUf^ANPOTHEWeuw(ygAWlwu>wppowTB COLOMBO DMmUA QENOA BARCELONA FOB NAPLES
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      Page 44 Advertisements Column 1
      1504 44 < BSmiOMaM r VgMg VOY WW I JKT I [VESSEL VOY SIN PtH T^B IvESSEL [~VOY SM BKK 1 EAOLE TIQE* 182 Tua lln PI "st I OS/11 OURU BHUM 0721 Tu> InW ~Ww 07/11 NANTABHUM Tua In Pt «t I Oft/11 I WT* PWM 121 MM. i*lL_ JOlJ_ i
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      Page 44 Advertisements Column 2
      747 44 vum Ivor MM I CT» IVBSHL |WT" j BSflßi4-J CO*"*™** Ma THU [07/11 »ON| 11/11 |nO« %MONO IAT laa/n -STTII7»rI 0~ «UN 10/11 THU 14/10 BxOlU MNOAPOM -H7- T^trl Js2« [THU 1 14/11 J* o l liuir "wTT" "7ji~ viaii VOY WW mom vuiu V or am »o M OWtNT
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      Page 45 Advertisements Column 1
      535 45 I 1 H 1 SINO IXPRISS SHIPPING (PTI) LTD. 2 V MM I 11 COLLYER QUAY #00-01 THE ARCADE SINGAPORE *****7. 1 TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SMOEX >- 4 I SIMOTUm SMAM—AI (CONTAINER ggim Also occepting contoinef corgo to: SH/VOY ETA SIN ETAHKG ETA SHA W/THKfc
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      Page 45 Advertisements Column 2
      392 45 Canton DM COUTH LMKI, MG HKG ETA FBEMANTLE ETA "NED. EUROPA" V 6426 07-11 'NED. JAVA" V6209S 09-11 PKG RTM/HAM "B. SEROJA" V 6441 07-11 "HJ OAKLAND" VO3SW 11-11 BKK SYD/MEL/BNE "BASTION" V 947 07-11 "N. AUSTRALIA" V.315 07-11 MNL TYQ/YOK/UM/OSA "PEYA BHUM" V4SE 08-11 "SEA RANGER* V 432 10-11
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      Page 45 Advertisements Column 3
      378 45 I MCKOLAS MPT 07/11 RdnVAtwAJK/Nwi I MELEFfI 18/11 RdnVAtwAJK/Nan I I PAW FORTUNE 2QHI 29/11 RdnVAtwAJMtan I lill. Monm* J ILodng for Y HMJM METE HodafcMVJ«kNh/Aqtf>a i APJKARAN 4 I ANNA DubaVAJXtotoi/Drnnm/JadcW) I BUFFALO HodattatVJaddtfi 1 AYSE ANNA HodafcMVJaddah/AqtfM*>t Md I Toada Sngapora, EVW. Maiayvia. Indanwh i ILoadngtor J OCEAN
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      Page 46 Advertisements Column 1
      564 46 Shipping Times --business Centre .-A -i -rEaats l mr* Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. fj To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Fast, Reliable and Committed to
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      Page 46 Advertisements Column 2
      239 46 PTallKSBM Produd^Sero^ fi Automated Storage and Retrieval System Automated Guided Vehicle System (AGV) BBb 18B1 BE A PRIVILEGED r T ,*jf I MEMBER As a SFFA member, you'll project total professionalism to your clients as I Z£ you comply with the association's stringent membership criteria. IT SFFA is committed to
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      120 47 1^ LfGCMD: R Thunderstorm Temperature •<, X\ v Shower Weather _X Wind d*ection with speed in knots e Ran \J Cloudy Sky Wov Serfgee «Mh ore indicoted by arrow* wMdi wrtli the wind One Ml circle represent* co tm or kght and vonable winds i— One hatf Heche represents 5
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      438 48 FAST PASSENGER CATAMARAN US MARSHAL'S AUCTION Previously operated as dinner cruise vessel. Easily converted back to full passenger role. Dimensions: 30.0 x 11.28 x 3.31 m Construction: Aluminium Built: Maximum Passengers: 403 TO BE AUCTIONED AT GUAM ON TUESDAY IZTH NOVEMBER 1996 v 5 Please contact sole broker. Marcon International
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