The Business Times, 7 November 1996

Microfilm: NL20738
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES lOTA (P) 04€V12/95 X 8 SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, NOVEMBER 7,1996
    14 words
  • Article
    MARKET SUMMARY
    59 1 ns.ur, 0 MM (+3.78) EST.IIO PI >T MSA Umjr(+t27) Q 1UJIIET1I00D: flVMUmVUMOB Wednesday Chiop KliSKCOMP I, I TI M +128 MKKB *MtJ3_+l«.l« IANOSKNO *****.4? +***** SCTINOKX KU7 *U2» JAKARTA COUP 687 JM *47 IANIUCOHP SJH.4S ♦fill TAJPH «n MHJ6 +4MI 8H0UL OOMP 747.29 +IU4 CLSACWNAB mil -4JS AU8TAUL0R0
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  • Article
    FINANCE
    70 1 mum BATES UW St UB8_ 1.4(0 t IJM 2127 M MM MM fKN IN M74 1J» M MM MM HK8 0.129 1.182 MP MM MM pDffAHlM IM> 0.060 ft':-. ROB 1MB SINGAPORE* 144 KUALA LUMPUR JJS JAKARTA 18.M BANGKOK 1128 mahra u» HONGKONG AM mum jm SYDNEY 10lM TOKYO
    70 words
  • Article, Illustration
    Ng Teng Fong unit buys 50% of HK's Conrad Hotel
    572 1  -  Sino Hotels to pay HKslJb for stake in five-star hotel From' Quak Hiang Whai in Hongkong SINGAPORE property tycoon Ng Teng Fong's Sino Hotels (Holdings) is to pay about HKfl.l billion (Ss2oo million) for a 50 per cent stake in
    572 words
  • Article
    Economists surprised by weak Q4 growth forecast
    460 1  -  Most sticking to 3-5% projections pending detailed Q3 figures By< Genevieve Cua ECONOMISTS yesterday expressed surprise at the poor economic outlook for the fourth quarter, based on the new figures disclosed on Tuesday by Deputy Prime Minister Lee Hsien Loong which pointed to
    460 words
  • Article
    Avimo clarifies Penang shutdown
    171 1 [SINGAPORE] The Avimo Group said yesterday that the shutdown of its Penang plant and its relocation to Singapore had nothing to do with projects related to the Singapore Armed Forces. The Singapore-listed precision optical and laser instruments maker said on Monday that it had shut down
    171 words
  • Article, Illustration
    Lock icon Financial markets give the thumbs-up to US election results
    615 1  -  Stocks and bonds rally; Dow hits new peak in early trade From Leon Hadar in Washington FINANCIAL markets gave the thumbs-up to the US poll results yesterday after Democrat Bill Clinton was re-elect-ed president of the United States and the Republicans
    REUTER  -  615 words
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      Page 1 Advertisements Column 1
      107 1 111 HIDE tlhhiliUrt Borneo Motors is spending $1.5 m to launch the new Lexus ES3OO, P|f 2 MHWBVAIJPE >»1 It Cgapanr to Aownaixing its «tetroiife» business rapfcDy into hotels and property. OuapAsrttflVftu* mtm%pgl7. Company has no luck with gaming, having pulled out previously from Papua New Guinea. fjupfciii iiil, pyjy.
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      20 1 Electronics recovery seen in second half '97, Pg 2 Hock Look Slew: Property could be behind Avimo's return, Pg 17
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      Page 1 Advertisements Column 3
      309 1 > H j?r -v^g The Paramount proudly presents the newest addition to our t| Chinese Theme menu New Asian Cuisine y j v r Our team expert Master "7* a *TIBBHBHIHM£^^^^^fIHfIMHHKI Chefs have outdone themselves again! time honoured Chinese recipes, they have meticulously created a fusion ifWlffjfliWt!' HH lr sjaßHaH^
      309 words
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      Page 1 Advertisements Column 4
      14 1 M| ItepnhHwmi retain control of Congress, Pg 12 HK loadi regional markets'rise, Pg 12
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Electronics recovery seen only in second half of '97
      473 2  -  REACTION TO BG LEE'S SPEECH Analysts say festive 4th qtr fillip possible but Ist qtr 1997 likely to be weak By, Jennifer Lien A SUSTAINED recovery in Singapore's electronics industry will probably not occur until the second half of next year,
      473 words
    • Article
      Hi-tech aid gives global reach for industry
      305 2  -  NCB, Gintic launch GALS framework for local manufacturers By' Toh Han Shih THE National Computer Board and Gintic Institute of Manufacturing Technology have set up a framework to enable local industries to use open, international computer systems to manage data and information, Economic
      305 words
    • Article
      Insurance brokers take steps to raise standards
      298 2  -  By Soh Tiang Keng INSURANCE brokers are enhancing their professional status and public image to prepare themselves for 1998 when their business will come under government regulation. The Monetary Authority of Singapore will license all insurance and reinsurance brokers from then on in
      298 words
    • Article, Illustration
      Lock icon $1.5m ad blitz to launch Lexus ES300
      339 2  -  Byi Christopher Tan BORNEO Motors, the Toyota distributing arm of listed Inchcape Bhd, is spending $1.5 million to launch the new Lexus ES3OO the largest amount the company has spent on a single car. It is also probably the most any company here
      ARTHUR LEE  -  339 words
    • Article
      Prudential unit looks to Asia
      210 2 PAMG to spearhead regional real estate investments THE Prudential Insurance Company of America is looking for new investment opportunities in Asia for its fund management unit It has also appointed Loh Chin Hua, the managing director of the unit Prudential Private Asset Management Group (PAMG)
      210 words
    • Article, Illustration
      Lock icon Chiam: SDP body tried to portray me as vindictive
      433 2 The Straits Times THE Central Executive Committee (CEC) of the Singapore Democratic Party tried to portray Chiam See Tong as a vindictive man who would destroy the SDP to prevent others from leading it, the High Court heard yesterday. The CEC
      The Straits Times  -  433 words
    • Article, Illustration
      Lock icon Rollover credit card debt down
      351 2  -  BYE ON THE ECONOMY Finance By\ Shiv Taneja ROLLOVER credit card debt which attracts as much as 24 per cent interest a year fell for the first time in six quarters in the three months to September. Latest Monetary Authority of Singapore data shows that
      Source: MAS; ALLAN  -  351 words
    • Article
      TAS to set ground rules for bidders of basic licence
      406 2  -  Policy details on interconnection and numbering to be ready soon: Mah By^ Genevieve Cua THE Telecommunication Authority of Singapore will be setting regulatory policies on issues concerning phone interconnection and numbering plans and telecoms infrastructure sharing and anti-competi-tive behaviour, said
      406 words
    • Article
      50 British SMEs considering S'pore investments
      227 4  -  Singapore-British Business Council held meeting in Belfast last week By\ Michelle Low SOME 50 small and mediumsized British companies are now considering investments here, thanks to the matchmaking efforts of the SingaporeBritish Business Council (SBBC). SBBC met last week in Belfast, Northern Ireland, and
      227 words
    • Article
      China Square site goes to top bidder Straits Trading
      266 4 THE Urban Redevelopment Authority (URA) has awarded the China Square Parcel F white site and the conservation sites at Kim Yam Road to the highest tenderers. This means that Straits Trading Co has clinched the 150,499 sq ft China Square (parcel
      266 words
    • Article, Illustration
      Ex-NMP Chia Shi Teck to field team in election
      163 4 FORMER Nominated Member of Parliament Chia Shi Teck is fielding a team to contest the coming general election. Details of his team and plans will be unveiled to the press tomorrow, he said in a statement yesterday. His team is expected
      163 words
    • Article
      Barings Futures case: Judge unwell, so hearing adjourned
      268 4  -  By* Conrad Raj A HEARING to stop the record $2 billion suit against the auditors of Baring Futures (Singapore) (BFS) for failings leading to the Barings group collapse was adjourned yesterday after the judge said he was not feeling well. Justice Lai
      268 words
    • NEWS Roundup
      • Article
        ERA closed $1.96b in sales so far
        72 4 PROPERTY agent ERA Realty closed $1.96 billion in sales In the first nine months of the year. In the third quarter, ERA sold $525 million worth of property, Just one per cent more than during the same period last year. Transaction volume for
        72 words
      • Article
        36 more HIV-infected in Q3
        98 4 ANOTHER 35 Singaporeans were infected with the Aids virus in the third quarter, mostly male and ranging from 23 to 63 years of age. The Ministry of Health's latest update on HIV infection in Singapore says 19 had full-blown Aids while the other 16 were
        98 words
      • Article
        More MOL construction site inspections
        88 4 THE Ministry of Labour (MOL) will continue to step up its inspection of construction sites until the number of fatal accidents decline because the heavy toll has become unacceptable, says an MOL official. Up to October this year, the number of fatal accidents had risen
        88 words
      • Article
        Chief Justice's judgments in book
        50 4 A COLLECTION of Chief Justice Yong Pung How's speeches and judgments delivered between July 1,1968, and July 31 this year has been published by FTLT Asia Pacific. The 770-page book. Speeches and Judgments of Chief Justice Yong Pung How, is priced at 9120 per copy.
        50 words
      • Article
        Corrections and clarifications
        54 4 IN OUR story yesterday "Sing Net cuts rates by up to 26% in deal revamp", the chart showed that CyberWay charges $17.99 for 12 hours of Internet use. CyberWay has clarified that the figure is based on its cheapest 13-hour flat rate "lite" package, which costs $12.96
        54 words
    • Article
      US law finn Morgan, Lewis expands Singapore office
      233 4  -  By. Audrey Tan THE world's sixth largest law firm, US-based Morgan, Lewis Bockius LLP, has more than quadrupled the size of its Singapore office, from three to 13 lawyers. Together with a similar expansion of its Jakarta operations, this brings the firm's
      233 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      142 2 A bigger, smarter Lexus, Pg 14 UNPARALLELED TOTAL SUPPORT PLAN We understand what it means to tear your hair out when you do not get support from your accounting software vendor. Which is why we have liTfl invested so much in the FACT Learning Centre. Manned by our own experts,
      142 words
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      Page 2 Advertisements Column 2
      25 2 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another Classified Service
      25 words
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      38 3 i 0[ It f i %-r-' r "> '.i Vv JjjP _•<- -J,, j IOL ROTH ILJ^I-J/'NI in AT THE HOUR Takaahimayt Shopping Centre Tel.: *****20 TTfIH? mt inoyi IVJUIx VJL/wD Riffles Hotel Arcade Tel.: *****41 ♦Millenii Vtlk W.: *****70
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      Page 4 Advertisements Column 1
      409 4 Wee Poh Holdings Limited j Bfl Building Highways to a Better Future Information superhighways for a smooth flow of (Track ratord of Innovation and Distinction) offer Physical superhighways smooth flow Our team of professional engineers constantly innovate, design and transportation; critical for the enhancement country's development redefine engineering works cost
      409 words
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      Page 5 Advertisements Column 1
      524 5 At Sheraton Towers Singapore, your Yin means as much as your Ying. If you know what we mean According to Chinese philosophy how successful we are, all intimate. The way people use to do business. Or if you prefer our depends on a balance of Yin and Yang, the opposing
      524 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Makeover on Holland Rd
      484 6  -  How Leedon Court became Leedon Two 2a. Tan Su Yen WHEN Leedon Two, at the junction of Leedon and Holland roads, was launched last month, few realised that in a previous life, Leedon Two was in fact Leedon Court, a leafy apartment block whose age was
      ARTHUR LEE  -  484 words
    • Article
      House Hunt
      1100 6 Property transactions for districts 09 and 10 (sectors 22 to 23 and 24. to 27) lodged between Sep SO, 1996 and Nov 2, 1996. Projett Name/ hop Contract Tenure Built-in/ Price Psf Street Ham* Type Date Land Area* mm (S$'OOOXS$)Legen<) District 09 (sectors 22 to 23) Non-Landed Aspen
      1,100 words
    • Article
      London residential property prices up 10%
      416 6  -  Short supply major factor behind rise: Knight Frank report By\ Michelle Low [SINGAPORE] Investors who bought prime London property in the last few years will be smiling now. A Knight Frank report says choice London residential prices rose almost 10 per cent in the
      416 words
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      46 6 r™TiWi ¥Fi sM n HONG KONG JUMBO f SEAFOOD RESTAURANT J I f\ I I f FOR LUNCH 8c DINNER V V""' I Y SET LUNCH STARTS FROM f $48 FOR 2 PERSONS ItNZj) J (&s4Bji&|*3ftffl 1)876. LI- J H 603 3, ha»: i-U 811 B
      46 words
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      Page 6 Advertisements Column 2
      144 6 ANG MOKIQ I aSS 1 I j sZ434^ft V_? J Redevelopment angmokio *VE 3 ANOMOWO ave 3 potential up to Is/ lsf plotratiols g 60yrHDB g TECH S I"*"*™ 9 p LACti x Ground rent s L t amk ino. 5 Existing "-J 3-stony bish«7 buildingwith PAf grow floor area
      144 words
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      Page 6 Advertisements Column 3
      21 6 aSM® 1 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
      21 words
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  • SOUTH-EAST ASIA
    • Article
      Suharto may wish to retire, says Habibie
      497 7  -  JAKARTA Post-1945 generation of leaders ready to take oven minister By S N Vasuki INDONESIA'S technology czar B J Habibie, seen as a potential vice-presidential candidate in 1998, has triggered a fresh debate on political succession by suggesting that President Suharto "may wish
      497 words
    • NOTE Book
      • Article
        Lock icon Thai-US tax treaty to be signed
        31 7 AFP [BANGKOK] Thailand and the United States will sign a double taxation treaty during President Bill Clinton's state visit to Thailand on Nov 26. AFP
        AFP  -  31 words
      • Article
        Lock icon Viet banking violations on the rise
        47 7 Reuter [HANOI] Vietnam's State Bank Governor Cao Si Kiem has warned that violations within the country's banking system are increasing despite strict measures. Checks by state inspectors showed 21.7 billion dong(Ss2.7 million) had been lost to corrupt officials in commercial banks.
        Reuter  -  47 words
      • Article
        Lock icon Commission condemns East Java riots
        63 7 AFP [JAKARTA] Indonesia's National Commission on Human Rights condemned last month's riots in East Java in which churches were burned and five people killed, but stopped short of saying it was a religious conflict. The commission's secretary general, Baharudin Lopa, said the riots violated basic
        AFP  -  63 words
    • Article, Illustration
      Lock icon Rice to a world record
      79 7 [KUALA LUMPUR] Volunteers attempting to make the world's biggest Kolam, a traditional Indian decorative design of coloured rice grains, at a shopping mall in Kuala Lumpur on Tuesday. The completed Kolam will cover an area 0f442 sq m and use about 1,500 kg of rice
      REUTER  -  79 words
    • Article
      Lower Indon inflation, healthy trade surplus
      345 7  -  mJAKARTA But export growth remains a concern, say analysts By\ S N Vasuki THE Indonesian economy is headed towards a soft landing with latest data released yesterday showing a healthy trade surplus and lower inflation. But analysts said that the good news, at least
      345 words
    • Article
      Lock icon Proposed wage hike may push Philippine inflation up to 20%
      247 7 U MANILA Bloomberg Business News PHILIPPINE Socio-economic Planning Secretary Cielito Ha bito said the annual inflation rate would soar as high as 20 per cent in December if a proposed wage increase is enacted by Congress. The 45 pesos (552.40)
      Bloomberg Business News  -  247 words
    • Article
      Lock icon Viet cabinet reshuffle: 10 to lose jobs
      222 7 HANOI Reuter VIETNAM'S Prime Minister Vo Van Kiet has proposed dropping more than 10 ministers and senior officials from his cabinet as part of a sweeping reshuffle, a government source said yesterday. The source said delegates to the National Assembly had been presented
      Reuter  -  222 words
    • Article
      Investor confidence to be a priority: Tarrin
      393 7  -  BANGKOK By Loh Hui Yin THE Democrat Party aims to restore investor confidence in the flagging Thai economy in six months if it forms the next Thai government after the Nov 17 polls. "If we can't regain confidence in six months, we will
      393 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      19 7 i| tm I I Cathay Pacific I PTVs are bring progressively introduced in Kconomy l.m throughout our entire fleet
      19 words
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      Page 7 Advertisements Column 2
      60 7 MjUjL WhM Pot Dispenser Wmmm Room Temperature LHwot/Cold Counter Top -1 Hot/CoW Water Dispenser R134 Ozon* FiMy Compreeeor A Hot/CoW with fe refrigerator Mwb* et MMM BMM *M« tamtton WANIN INDUSTRIES PTE LTD 167-A Thomson Road, Goldhill Centre, S'pore *****9 Tel: *****88 Telex :RS ***** Fax *****08 Johor Tel: 07-*****97
      60 words
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      13 7 mm PTV* are I*ii»r progressively introduced in Economy Class throughout our entire fleet.
      13 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China vows to conclude lengthy probe into former Beijing chief
      428 8 BEIJING Case has seriously hurt the party in the capital, says top graft fighter Reuter CHINA has vowed to wind up the lengthy probe into the disgraced former boss of Beijing, saying the case has seriously damaged the Communist Party
      Reuter  -  428 words
    • Article, Illustration
      Lock icon China's telecom spectacle
      40 8 [BEUINC] Visitors wearing 3-D spectacles to watch a presentation at the China International Telecommunications Exhibition in Beijing yesterday. The five-day exhibition attracted over 400 manufacturers and suppliers from 19 countries with the latest in telecommunication technology AFP
      AFP  -  40 words
    • Article
      Lock icon Bankrupt Shanghai state distillery auctioned off
      457 8 SHANGHAI Sale through public tender is first of its kind and analysts say more may follow Reuter A SHANGHAI firm has bought a bankrupt state distillery in the city through public tender, the first time such a takeover method has been used in China,
      Reuter  -  457 words
    • Article, Illustration
      Clinton's victory may help Sino-US relations
      654 8  -  CHZXA WATCH but friction will remain In areas like WTO membership, permanent MFN status for China By Lu Ning GIVEN a choice, China's political leadership traditionally prefers conservative Republicans in control in the US to liberal Democrats. Mao disliked Democrats because in his view
      654 words
    • Article, Illustration
      Lock icon Drop ruler's attitude, Teng-hui urges party
      216 8 TAIPEI Reuter TAIWAN President Lee Tenghui yesterday urged his ruling Nationalist Party to abandon its "ruler's attitude" and to press ahead with internal reforms under fierce competition from rival parties. "We must change our attitude. We can no longer adopt a ruler's attitude," Mr
      Reuter  -  216 words
    • Article
      Lock icon China to make it easier for citizens to go overseas
      196 8 BEIJING AFP CHINA is to ease restrictions on citizens leaving the country on private visits, while also strengthening the rights of passport holders, Xinhua reported yesterday. An interim policy on processing exit visas was passed Tuesday at a national conference
      AFP  -  196 words
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      233 8 m TAG HGUef dOGSfl't JUSt r measure time on the slopes. We measure bravery And we black out. harrowing few seconds of a skier's Yet, downhill skiers maintain their life. And could easily be the last. Their faculties. On carbon-fibre planks, ten occupation, some may say, is a little centimetres
      233 words
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  • ASIA
    • Article
      Lock icon Plan to auction Gandhi papers called off
      235 9 NEW DELHI AFP MAHATMA Gandhi's former secretary has cancelled plans to auction 450 documents handwritten by the hero of India's independence struggle, newspapers said yesterday. Venkataram Kalyanam told Philips International Auctioneers to shelve the Nov 14 auction in London following extensive discussions with
      AFP  -  235 words
    • Article, Illustration
      Lock icon Aussie interest rates cut by half a point to 6.5%
      509 9 SYDNEY Move is a reward for low inflation, wage restraint: Howard Reuter THE Reserve Bank of Australia (RBA) said yesterday that it is cutting official interest rates by half a percentage point to 6.5 per cent, declaring that the lower
      Reuter; Source: Bloomberg  -  509 words
    • Article
      Lock icon Social Democrats decide to back Hashimoto as PM
      318 9 TOKYO Decision virtually ensures Hashimoto's win when he seeks re-election today AFP THE executive council of Japan's Social Democratic Party (SDP) has decided to vote for Prime Minister Ryutaro Hashimoto when he seeks parliamentary re-election as premier today, a party spokesman said.
      AFP  -  318 words
    • Article, Illustration
      Lock icon Generals seen behind Benazir's dismissal
      400 9  -  ISLAMABAD But senior officials have tried to play down role of influential army By\ Farhan Bokhari TIRED and frustrated with Benazir Bhutto's incompetence, Pakistan's generals encouraged President Farooq Leghari to dismiss his longtime friend. The army is indisputably the force behind President Leghari, allowing him
      AFP  -  400 words
    • Article
      Lock icon Financial markets losing out to HK, Singapore
      280 9 CANBERRA Reuter AUSTRALIA'S financial markets have failed to challenge Hongkong and Singapore for regional leadership and may fall further behind as those competitors gain strength, the Australian government was told yesterday. "We are increasingly at risk of losing some of our present ground
      Reuter  -  280 words
    • Article
      Lock icon Ex-PM Rao charged with criminal conspiracy
      296 9 NEW DELHI Reuter, Bloomberg Business News A DELHI court yesterday formally charged former Indian prime minister P V Narasimha Rao with criminal conspiracy for his alleged involvement in a 1963 cheating case. Rao pleaded "not guilty" to the charges, and the court set Dec
      Reuter,; Bloomberg Business News  -  296 words
  • Page 9 Advertisements
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      111 9 j&k KreV jm Kvfrr IKyB I^JI AW B BrJßC<>- -459 A BjTvvj^ •*.*?£*?t~; iTftt>i vv* <>>Tx&£ HriflKDt Ki M EflßVu JgQ g- -JhM I* ;3 »«^muu> 'v,v' 'jl v §S§f -.f3 >£*'¥* i* mt&£t s, V "si jfl X*_ MW A timing mechanism so complete 60 professional circuits from Whistler
      111 words
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  • THE WORLD
    • Article
      Lock icon Xmas sales seen getting US off to good start in '97
      489 10 WASHINGTON Most analysts expect economy to go into new year with a 2.5% annual growth rate NYT ROBUST Christmas sales should place the US economy on a firm footing on Inauguration Day, Jan 20, to get the new year
      NYT  -  489 words
    • Article, Illustration
      Lock icon Bonn deficit cutting plan in trouble
      394 10 FRANKFURT IHT GERMANY's ability to impose its brand of fiscal discipline on its European partners suffered a setback on Tuesday when the country's three-par-ty coalition government reached a stalemate on ways to cut the projected 1997 budget deficit. After a series of setbacks in
      IHT  -  394 words
    • Article
      Lock icon 'Cool Britannia' drawing in tourists
      103 10 LONDON Reuter A RECORD three million tourists visited Britain in August, lured by Britain's image as the style capital of Europe, the government said yesterday. "London is universally recognised as a centre of style and innovation. Our fashion, music and culture are the envy of
      Reuter  -  103 words
    • Article
      Lock icon EU sees growth picking up to 2.3% next year
      332 10 BRUSSELS 12 members expected to cnt deficits to no more than 3% of GDP Reuter, AFP ECONOMIC growth in the European Union is expected to advance at a rate of 1.6 per cent in 1996, rising further to 2.3 per cent
      Reuter,; AFP  -  332 words
    • Article
      Lock icon BoE inflation report knocks wind out of sterling: analysts
      414 11 LONDON They are surprised by Bank of England's assertion that another rate rise was probably needed Reuter A HAWKISH Bank of England (BoE) inflation report shocked economists and knocked the stuffing out of sterling, fresh from its trip to two-and-a-half year
      Reuter  -  414 words
    • Article
      Lock icon France puts off rail revamp
      121 11 PARIS IHT THE French government has announced that it is postponing plans to create a new state company to take over the track and other infrastructure of the state railroad, Societe Nationale des Chemins de Fer (SNCF). A spokesman for the railroad said other changes
      IHT  -  121 words
    • Article, Illustration
      Lock icon Yeltsin's okay, but economy still ill
      418 11 MOSCOW Operation a success, bat web of tax, wage arrears still a plague Reuter UPBEAT news on President Boris Yeltsin's heart operation removes one of the biggest nightmares facing foreign investors, but analysts said the Russian economy needed bitter medicine to win its own
      Reuter; REUTER  -  418 words
    • Article
      Lock icon Italian inflation rate drops to 27-year low
      169 11 MILAN Reuter ITALY'S inflation rate slowed to its lowest level for more than 27 years, national statistics institute Istat said yesterday, with October consumer price growth down at 3 per cent year-on-year and stUl falling. "Inflation is at its lowest level since June
      Reuter  -  169 words
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      344 10 0-ss 5 N #'S !&»0 THE BUSINESS TIMES LIFESTYLE EXCLUSIVE C_ J) PicTURE YourselF witlh tlhese GolfiiNq Greats at 1997 JohiNNiE CUssic The seventh Johnnie Walker Classic will be held from 21 26 January 1997 at Hope Island Golf Club on the stunning Gold Coast of Australia. You could be
      344 words
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      Page 10 Advertisements Column 2
      121 10 We provide consultancy services on off shore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for
      121 words
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      297 11 Information Evening H Tuesday 19 November H Mocquarie University Graduate School of Management (MGSM) is one of Australia's premier business schools and has an international reputation for excellence in management education. MGSM has been successfully delivering its programs in Singapore for the past five years and offers the following benefits:
      297 words
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      Page 11 Advertisements Column 2
      243 11 No Other Airline Unites The States Better From Singapore. vNMP'V' i if kli tarn* t I i~- *-M < HI yKffffßr^BKL\lS^T^w^ r U y*[ w H *m«i\ Winnow* nirnrn j no *>* />.■'■'• ...'.si-' omS»\ j|""-\ jjS"'. iMk DM\\ taM *»L*rG«y j V\"">- j hv San IrancMn S*ri.j_.xi Mcn*h» J
      243 words
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  • US ELECTIONS
    • Article, Illustration
      Lock icon Republicans retain control of Congress
      482 12 They will act as pro-business counterbalance, says business group AFP, Reuter, Bloomberg Business News [WASHINGTON] The Republican Party retained control of both houses of the US Congress, shattering the Democrats' long-shot hopes of winning back the legislative branch of government in Tuesday's general elections. The
      AFP,; Reuter,; Bloomberg Business News; ARTWORK BY FRANCIS TAN, BEN CRUZ, JEN CHUA  -  482 words
    • Article
      Lock icon Asian governor for Washington
      112 12 AFP [WASHINGTON] Democrat Gary Locke was elected governor in Washington state, becoming the first Asian-American state governor outside Hawaii, according to early returns. In 10 other gubernatorial races, the seven incumbents four Democrats and three Republicans won re-election in what appeared to be a referendum in
      AFP  -  112 words
    • Article
      MFA sees continuity in US foreign policy
      135 12 (SINGAPORE] Bill Clinton's presidential victory will mean "continuity and stability in OS foreign policy", said the Ministry of Foreign Affairs (MFA) yesterday. >■ "We are pleased that US policy on continued engagement in Asia was not an issue during the election campaign, and
      135 words
    • Article
      HK leads regional markets' rise on poll results
      250 12  -  By: R Sivanithy [SINGAPORE] Regional markets yesterday welcomed the results of the US president® elections, with Hongkong hitting an all-time high and Ja pan soaring about 2 per cent. In Singapore, the Straits Times Industrials Index rose 10.22 points to 2,080.45. Market
      250 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Australia is a tolerant and open society
      847 13  -  HgBaOTTOM OPINION Alexander Downer Mr Downer is Australia's Foreign Minister LAST January, the distinguished paediatrician Dr John Yu was voted "Australian of the Year" for 1996. Born in Nanjing, he has made an unparalleled contribution over 35 years to the health of Australian
      847 words
    • Article
      IN OTHER WORDS
      77 13 'It's a question of who can hurt us the least I don't think Clinton's going to hurt us, because he's got too many other things to worry about- UnTHwaH power systems dispatcher, 43, on the US presidential election. p. *Give me a break. How could I do
      77 words
    • Article
      A message from US voters
      612 13 EDITORIAL AS Americans went to the polls, many experts predicted the 1996 US election would bring about a major political realignment—a landslide victory for President Clinton and a clear mandate forcing Newt Gingrich and his "revolutionaries" to give up their control of Congress. Instead, American
      612 words
    • Article, Illustration
      Giants of business
      998 13 Study finds little link between big firms and the health ef national economies YOUR FATE, it seems, is in their hands. Huge companies dominate the world economy, employing armies of workers and investing billions of dollars. The combined stock market capitalisation of the world's top 100 companies
      998 words
    • Article, Illustration
      Competing satellite systems for SingTel
      142 13  -  MAWjMIT Augustine Chong Yean Joo I REFER to the report "SingTel satellite venture to break even by 2002" (BT, Nov 5). The report mentioned Inmarsats, Globalstar and PT Asia Cellular S S as the competitors for SingTel's APMT. The report however made no mention of
      142 words
    • Article
      WHAT THE OTHERS SAY
      628 13 US rqfacta harsh systaa NOW the US poll-driven impulses that have guided President Clinton's past deci-sion-making can be dropped in favour of tackling issues like entitlement reform and forging an alliance with congressional moderates from both parties. But if he wants to avoid being remembered simply
      628 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      28 13 DOONESBURY By Garry Trudeau If-SSI TSSavSorrSi < H**B*-ecxKXtAt-totm*. I 'ii'n I ArSnLiV n KK7m6#U.*7J*SrJM*iaL, M&AJT}:. CHA3a/9HaUAVr$mH9nL' .|*sgf 3 ji?V i S. inrmnn? 1 vcmolaas-. u*/jrr7HEHßLM9*srrrum II fl f mono*f
      28 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      A bigger, smarter Lexus
      722 14  -  The new ES3OO packs a list of improvements, and goes like the wind, says wm CHRISTOPHER TAN HOW good is the new Lexus ES3OO? As a rough indication, chew on this— the chief engineer in charge of building the car ordered one for himself. He had
      722 words
    • BUMPER to BUMPER
      • Article
        Around the world 4 times in 8 days
        83 14 WHEN Saab's high-speed, endurance Talladega Challenge^; came to an end in Alabama last week, the six 9006 had vU together covered 160,000 km. The equivalent of four times round the world was run in eight days of the test, each car averaging
        83 words
      • Article
        Motor show to offer range of accessories
        62 14 THE Singapore Motor Show will feature an array of accessory booths. Those displaying their wares include the major oil groups, Thule car racks. Eclipse sun shade*, Power Pill fuel conditioners, and Carcoon vehicle covers. So even if you're not looking to change your
        62 words
      • Article, Illustration
        Driving music
        72 14 WHAT'S a piano doing in a car show? Well, if the instrument looks like a car and costs more thai most cars, it can park itself anywhere it wants. The Pegasus series dubbed pianos of the future—was co-developed by designer Lulgi Colani. His Schlmmel Pegasus CC3OBP grand, which
        72 words
      • Article
        Car prices may fall by 10-20%: report
        86 14 A RECENT report by Schroders will bring cheer to car buyers. The securities firm sees prices of consumption Jg goods—such as cars—falling by 10-20 per cent in line wigE** "higher personal leverage" Li the next six to 12 months. 'However, this should not
        86 words
      • Article
        BMW's production up in 1st 3 quarters
        89 14  -  Complied byi Christopher Tan BMWS production rose 1J per cent in the first three quarters of the year to 464,829 units. Total production of the 1 German-based group, however, was just 0.5 per cent higher J at 826,783 units—partly because of a dip
        89 words
    • Article, Illustration
      Seven sizzlers set to steal the limelight at car show
      428 14  -  MOTORING Stunners range from the head-turning Jaguar XKB to the Bond car, BMW S3 By l Christopher Tan [SINGAPORE] The underlying theme of this year's Singapore Motor Show could well be "Sports and Lifestyle", what with the line-up of new
      428 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      393 14 BUSINESS XotiCCS |(> "MM 1 l ll INII I SI Ml-741 INN.* I NOTICE NOTICE IS HEREBY GIVEN that. I Ching Chew Weng Paul of 54H Gilstead Road, Singapore *****8, have applied for a Second Class Public House Licence in respect of M/s Bistro Kupps Pte Ltd located at 30
      393 words
    • Advertisement
      Page 14 Advertisements Column 2
      175 14 IN THE MATTER OF THE COMPANIE&fcCT.VCAP. M AND IN THE MEINHARDT WORKS ASIA PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF FINAL MFETINT. NOTICE IS HKRKBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 30 the FINAL MEETING of the members of the abovenamed Company will be
      175 words
    • Advertisement
      Page 14 Advertisements Column 3
      13 14 Home f A: -For people who A«, love v i i'i their •>■ homes
      13 words
    • Advertisement
      Page 14 Advertisements Column 4
      342 14 r THE COMPAMES ACT, CHAPTER 60'' section now*) notice or resolution RIO (M. US HOUNMQ (SINOAPOME) PTE LTD VOLUNTARY UOUDATON) At an Extraordinary General Masting oI Ragutua Holding (Singapore) Pta Ltd held at 0 Battary Road f32-00 Singapore *****0 on fw 4th day oI November 1000, Ota following special raaoiutiona
      342 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      116 14 THE WEATHER Btn«aporei Showers with thunder in the afternoon and early evening. Temperature (32-25) Em-ope HVLo* Owl ft mmlim HVLo* Omd. swx* Xjs —»i 6 S SSAfcfi zzSS rfi S=«s ss g ss ss aae. as S? £2! g~" mt sSS HodAom sIT? Frtrthrt aw Ooudy Vepi 2frW Ckmtj M*II—ZZZZZZaS
      116 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      182 15 Where to wine, dine and entertain MEET OUR 4 HEAVENLY KINGS OJ V Ice Kachang (Voted our most popular) Chendol (Voted our most refreshing) Bubur Cha Cha (Voted: our hottest) Cheng Tng (Voted: our coolest) at Cafe Oriental... K SINOAfOII 165 TANJONC PAGAR ROAD SINGAPORE *****9 JpX: 224 4488 TELEX
      182 words
    • Advertisement
      Page 15 Advertisements Column 2
      103 15 house PORRIDGE TREATS FOR SUPPER ADULT $11.00+++ CHILD $7.oo+++ Sunday to Friday: 10.00pm to 3.00 am Saturday and Eve of Public Holidays 10.00pm to 4.00 am AU-Cmrte available for supper At APOLLO HOT6L SMGAPORC «M HMVCLOCX aOAO O>M. T(i MUOH twluam. nnsm TKII cmu awuo mcvom Not wk en our
      103 words
    • Advertisement
      Page 15 Advertisements Column 3
      128 15 Our Great Seafood Promotion Is Back! Adult: $31.50+++ Child: $18.50+++ Every Friday and Saturday From 6.30pm to 10.00pm. Reservations, pieasa cal 731-7990. CMOWNf PULT km Road, Singapore *****0 i —m i———i—| At Last, A Family Feast-AII-You-Can Idds l Vour entire family can refch 50 of our chef* finest Cantonese and
      128 words
    • Advertisement
      Page 15 Advertisements Column 4
      187 15 Singapore Business *92 'A. i' Giving you the winning edge ILpNGESTI rft-Tes m Tew Now«n» llMmpMnyM^.^ BY POPULAR DEMAND! on our spread of Pastries, Nonya Kueh, and local favourites Ji£e Met Simm, Laksa, Rojak, Mee Rebus and morel J/2.M (Sat. Sun A Public Holidays SI3 80) -2L~^ CAiW. 17.50 Sotpci
      187 words
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      Page 15 Advertisements Column 5
      165 15 Bi(SEST Dian Xin Restaurant 1 At The Neptune on Shenton Way Pi an Xin/Lunch ,<5 j 11.30am-2.30pm neptwtc 7TH FLOOR. OVERSEAS UNION HOUSE. COUYER QUAY. SINGAPORE *****1. TEL: 224 3922 I Dine for Free" Lucky Draw 1 Sep 31 Dec 96 Each week, we will be Siving a full refund*
      165 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      728 15 TV&BADIO 130 PM TV Innovations LO5 12.00 NN News 2-30 The Winners. 2.00 Golden Girls. 12.18 PM Dokumentari. ~J 3.00 Money, Money, Money. ami Tabitha. 12.40 Bisness Hari Ini. m 330 Asian Property Report 230 Tour of Duty Saigon (Pt 1-00 CNBC. <W. i). L3O TV Innovation. HkX I Innovations.
      728 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      146 15 CRYPTIC CROSSWORD gin as over-elaborate in writ--25 Loud piece of music has ti--26 Castle that is one new to ser- (13) an<l catio norm, in the heat! (13) YESTERDAY'S SOLUTION VT. 13 Final object (3) |/>ui..i^i m iti b i»i P 15 Poison-carrier concealed in lAlilSi7BgßSllilißi§il 2Go back to drawing-board
      146 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      379 16 Three-in-One I past thirty years, we will need they added sugar and milk powder to Coffee? Okay, of to smarten up our thinking. the sachet. At a stroke, coffee the possible ways of We will have enhance became even more instant. Of course, like most tackling a society's B I
      379 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Nobel Design hopes to raise $7m in Sesdaq IPO
      481 17  -  By Ang Wan May [SINGAPORE] Nobel Design Holdings, expected to launch its initial public offering of shares on Sesdaq this week, is hoping to raise about $7 million for its regional expansion plans, sources say. Analysts estimate the issue to range
      481 words
    • Article
      Cam pulls out of Fiji gaming venture
      335 17  -  H&inbeard-listed compaay to focus on project* nearer borne By' Ven Sreenivasan [SINGAPORE] Mainboardlisted Cad) International Holdings has pulled out of its troubled gaming venture in Fiji to concentrate tffi projects nearer home. A deal selling off it* stake in the venture, Lottopacific Ltd,
      335 words
    • Article
      Hwa Hong in China phosphate deal
      254 17  -  By\ Siow Li Sen [SINGAPORE] Diversified Hwa Hong Corporation is venturing into the phosphate manufacturing business in China with a consortium of venture capitalists. The mainboard-listed company will seal a shareholders' agreement today with OCBCWearnes Walden Management, Pica Sdn Bhd, a Rothschild unit and
      254 words
    • Article
      Property potential a good motive for Avimo to return
      624 17  -  HOCK LOCK SIEW Lee Han Shih ON THE surface, the trendbucking decision by listed Avimo Singapore to close down its Penang factory and move the operations back to Singapore is surprising. But from a property prospective, the move makes very good
      624 words
    • Article, Illustration
      Singatronics to buy Sydney hotel site
      306 17  -  The site, to be redeveloped into a 400-room hotel, said to cost over As2om From Surinder Singh in Sydney SINGAPORE'S mainboard listed Singatronics group, keen to push on with its diversification into hotel and property ventures In the Australasian region, has made its first
      306 words
    • Article
      SIA unit orders engines from IAE
      193 17 [SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale) has ordered V 2500 engines from International Aero Engines (lAE) for its recent order of 24 aircraft from Europe's Airbus Industrie. Engine deliveries for the 12 firm aircraft orders eight A32os and four A32ls costing US$62O million (SIB6B
      193 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        DBS Land raising US$150m
        134 18 [SINGAPORE] DBS Land said yesterday it is raising US$l5O million (Ss2l2 million) through the issue of redeemable convertible cumulative preference shares of US$l each. The company plana to use the funds raised from the stock issue to refinance borrowings it incurred from financing the activities of
        134 words
      • Article
        Lock icon Multi-Purpose Bank profit up 135%
        96 18 Bernama [KUALA LUMPUR] Multi-Pur-pose Bank Bhd's pre-tax profit for the six months ended June 30 jumped 135 per cent to MJ68.8 million (5538.4 million) from M 529.3 million in the previous corresponding period. After-tax profit improved by 169 per cent to M 543.9 million from
        Bernama  -  96 words
      • Article
        L&G chief denies selling control
        330 18  -  Wan Azmi says he finds talk of sale to Sime 'very funny' From, Russell Baker in Sydney LAND General Bhd chairman Wan Azmi Wan Hamzah yesterday denied reports that he was planning to sell control of his Malaysian flagship. Commenting on speculation that he might
        330 words
      • Article, Illustration
        Lock icon DRB and Mitsui in M$1.2b high-speed railway project
        382 18 AFP [KUALA LUMPUR] Malaysia's car group, Diversified Resources Bhd (DRB), and Japan's Mitsui group are to jointly undertake a Msl.2 billion (Ss67o million) high-speed railway project for the government, a minister said yesterday. Transport Minister Ling Liong Sik said DRB-Mitsui would carry
        AFP; Source: Bloomberg; ALLAN  -  382 words
      • Article
        Lock icon M'sia's U-Wood to acquire 8 firms for M$305.8m
        256 18 Company also plans one-for-two rights isn»atMs7ashare Reuter [KUALA LUMPUR] Malaysia's U-Wood Holdings Bhd said yesterday it has proposed to acquire seven property development companies and a project management firm for a total M 1305.86 million (*****.7 million). The company also planned a
        Reuter  -  256 words
      • COMPANY Briefs
        • Article
          Pan-United pumps $6.8m into China unit
          62 18 [SINGAPORE] Pan-United Corp has subscribed for M million shares in Singapore Changshu Development Co Pte Ltd (SCD) at par. The move doubles its investment in the China company to 913.6 million. Its stake, however, remains at 80 per cent. The remaining 20 per cent
          62 words
        • Article
          Heshe placement shares get trading nod
          39 18 [SINGAPORE] The Stock Exchange of Singapore hat approved the listing and quotation of Heshe Holdings' new placement shares. Last month, Heshe placed 28 million new shares with Ong Co at 40 cents apiece.
          39 words
        • Article
          Lock icon Wheelock shares hit 2-week high
          64 18 Bloomberg Business News [HONGKONG] Wheelock Co shares surged to a two-week high amid speculation—denied by the company—that ft plans to sell its Lane Crawford department store unit The counter rose 3.7 per cent to HK»18, the highest since Oct 18, on trade of almost 3.1
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Indosat profit up 5.4% to 361b rupiah
          75 18 AFP [JAKARTA] Indonesian satellite carrier PT Satellite Corp yesterday reported a 5.4 per cent riae in net profit to 361.1 billion rupiah (*****.5 million) for the nine months to September. Operating profit rose 9.5 per oent to 420.5 billion rupiah. President Cahyono Suryodibroto
          AFP  -  75 words
      • Article
        Lock icon STIC to invest $30m in telecoms venture
        172 18 Reuter [SINGAPORE] Singapore Technologies Industrial Corp (STIC) said yesterday it was investing $30 million over five years In a new joint venture with Malaysian firm Sapura Telecoms. STIC officials told a news conference the new unit, ST Advanced Radio, would operate a radio-based
        Reuter  -  172 words
    • REGIONAL COMPANIES
      • Article
        Lock icon ITC to probe suspected violation of forex laws
        392 19 ITC chairman admitted to possible violation of about USs2m,says govt investigator Reuter, AFP, Bloomberg Business News [CALCUTTA] Indian tobacco giant ITC Ltd is carrying out an audit to probe a suspected violation of foreign exchange rules in the firm, an investigator said
        Reuter,; AFP,; Bloomberg Business News  -  392 words
      • Article
        Lock icon Citic reviewing stake in Hongkong Telecom
        243 19 AFP, Reuter {HONGKONG] China-owned Citic Pacific Ltd is reviewing its 8 per cent stake in Hongkong Telecommunications Ltd, a report said yesterday. Citic Pacific managing director Henry Fan was quoted by Sing Too Daily as saying there was no immediate decision on whether to
        AFP,; Reuter  -  243 words
      • Article, Illustration
        Lock icon Brewing up a big show
        48 19 [BEIJING] A woman from Beijing tasting a North American beer, Carlton, at the Beijing Exhibition Centre yesterday. The five-day exhibition on beer brewing, techniques and equipment is sponsored by the China Light Industry Association and has attracted 150 companies from 20 countries. REUTER
        REUTER  -  48 words
      • Article
        Lock icon Telegraph chief wants 50% of Fairfax
        420 19 Tfenat to sell Us 25% stoke ifke is not allowed to doable it Bloomberg Business News Reuter [SYDNEY] Canadian media proprietor Conrad Black has threatened to sell his 25 per cent stake in Australian newspaper publisher John Fairfax Holdings Ltd unless he is allowed
        Bloomberg Business News; Reuter  -  420 words
      • Article
        Lock icon Lam Soon gets US offer for MC Packaging stake
        146 19 Bloomberg Business News [HONGKONG] Lam Soon (Hongkong) Ltd, an investment company, said it received an offer from a Hongkong subsidiary of a listed US company to buy its controlling stake in MC Packaging (Hongkong) Ltd. In a statement published in Hongkong
        Bloomberg Business News  -  146 words
      • Article
        Lock icon NEC-Sumitomo tie-up
        148 19 AFXAsia NEC Corp and Sumitomo Corp will launch production next year at a US$l5.4 million (5521.7 million) joint venture semiconductor plant in Indonesia. "Capital investment of 4.5 billion yen (5555.3 million) will go to the creation of a factory making 15 million linear integrated circuits and 100 million
        AFX- Asia  -  148 words
      • Article
        Lock icon Global chip market set for turnaround
        454 19 US experts predict 7% growth for world semiconductor market next year AFP [SEOUL] The world semiconductor market is set to shake off this year's blues and to grow by 7 per cent next year, US experts say, urging South Korean industry leaders to form
        AFP  -  454 words
      • Article
        Lock icon Dickson to list ST Dupont unit
        165 19 Reuter [HONGKONG) Hongkong retaller Dickson Concepts plans to list its wholly-owned subsidiary S T Dupont on the Paris stock exchange, group chairman Dickson Poon told reporters yesterday. S T Dupont is a manufacturer and distributor of luxury lighters, writing instruments and other goods. The
        Reuter  -  165 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Baby Bell merger gets anti-trust nod
        394 20 SBC-P&cTel venture to become regional powerhouse Bloomberg Business News [WASHINGTON] SBC Communications Inc's US$l6 billion (5522.4 billion) purchase of Pacific Telesis Group sailed past potential anti-trust problems as the US Justice Department said it won't object to the first-ever Baby Bell combination. The Justice
        Bloomberg Business News  -  394 words
      • Article, Illustration
        Lock icon Future of French firm Valeo secured by 27% stake sale
        373 20 FT [ROME] The medium-term future of Valeo, one of the jewels of the French car industry, was settled on Tuesday in a deal valuing the parts maker at more than 23 billion French francs (556.3 billion). The controlling 27.4 per
        FT  -  373 words
      • Article
        Lock icon KLM plans overhaul to save 1b guilders
        348 20 14.6% Q2 profit fell despite a revenue rise blamed on higher fuel, salary bills FT [AMSTELVEEN] KLM, the Dutch international airline, is to cut ground support staff, shed unprofitable routes and halt aircraft orders in a threeyear programme to save one billion guilders
        FT  -  348 words
      • Article
        Lock icon Bayer shopping for a major acquisition
        193 20 FT [LEVERKUSEN, Germany] Bayer, the German chemicals and pharmaceuticals company, said on Tuesday it was shopping for a large acquisition that could be worth as much as 20 billion Deutschemarks (5118.6 billion). Unveiling results for the first nine months of the year, Manfred Schneider,
        FT  -  193 words
      • Article
        Lock icon Learson, key player behind IBM's success, dies
        331 20 NYT [NEW YORK) T Vincent Learson, a former chairman of IBM who led the company's gamble on a new generation of computers in the early *****, a project whose success ensured IBM's prosperity for two decades, died on Monday at New York Hospital-Cornell
        NYT  -  331 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Citicorp stock ends above US$100 for the first time
        592 21 Average rise of 68% a year since 1991 when price was at US$&5O Bloomberg Business News [NEW YORK] Citicorp on Tuesday closed above US$lOO a share for the first time, capping a five-year recovery and making it one best-performing stocks in
        Bloomberg Business News; Source: Bloomberg; ALLAN  -  592 words
      • Article
        Lock icon Thai Copper postpones listing to '97
        280 21 Chairman cites Bangkok stock market slump as reason Reuter [SINGAPORE] The chairman and chief executive officer of Thai Copper Industries said yesterday that the company's public listing has been reset for next year because of the slump in the Bangkok stock exchange. "We plan
        Reuter  -  280 words
      • Article, Illustration
        Lock icon Northern Trust to build up presence
        296 21  -  By] Paul Leo [SINGAPORE] Northern Trust will expand its custodian services in Singapore to include private banking and asset management, its Chicago-based chairman and chief executive officer William Osborn said here yesterday. But it will not be in the immediate future, he added. "It
        CHRIS LOH  -  296 words
      • Article
        ING Bank sees project finance as key growth area in Asia
        296 21  -  By\ Shiv Taneja [SINGAPORE] Project finance is expected to be one of the fastest growing businesses for ING Bank in Asia over the next few years, worldwide head of international corporate finance Han Albers said here yesterday. Mr Albers,
        296 words
      • Article
        Lock icon Vietnam joins rubber group
        86 22 Reuter [KUALA LUMPUR] Vietnam has become the eighth member of the Association of Natural Rubber. Producing Countries (ANRPC), the group said on Tuesday. ANRPC member countries now account for 85 per cent of world output of natural rubber, Bernama news agency quoted ANRPC secretary-gen-eral J Lalithambika
        Reuter  -  86 words
      • Article
        Lock icon NZ dollar stronger than economy suggests
        370 22 Reuter [AUCKLAND] New Zealand's caretaker Agriculture Minister and Deputy Finance Minister Lockwood Smith said yesterday that the New Zealand dollar has gone above where economic strength suggested it should be. Mr Smith, interviewed on Radio New Zealand, was asked whether a strong dollar meant
        Reuter  -  370 words
      • Article
        Lock icon Ex-chairman of Diamond Fields wins legal battle
        328 22 US agency ordered to give him back assets worth USsls2m Bloomberg Business News [TORONTO] Former Diamond Fields Resources Inc co-chair-man Robert Friedland won a Canadian court ruling that gives him back US$l52 million (*****.8 million) in assets frozen at the US Environmental Protection
        Bloomberg Business News  -  328 words
      • Article
        Lock icon Gengold backs down in mine contracts row
        225 22 Agrees to independent valuation of management contracts FT [JOHANNESBURG] Gengold, the gold mining arm of the South African mining house Gencor, has bowed to pressure from investors for an independent valuation of management contracts between South African mining houses and individual goldmines. The
        FT  -  225 words
      • Article
        Lock icon Euro$ up as US bonds surge
        239 22 SSMEXReport Reuter [SINGAPORE] President Bill Clinton's re-election and the prospect of a continued Republican majority in Congress propelled Simex Eurodollar futures higher as US bonds surged in Tokyo yesterday. "The whole picture looks pretty good with the Republicans gaining a foothold in the Senate
        Reuter  -  239 words
      • Article
        Lock icon CURRENCY REPORT
        157 22 Reuter, AFP London THE dollar firmed in a muted response to the re-election of Bill Clinton as US president, and on relief that the Republicans had retained control of both houses of Congress. The dollar made some progress against European currencies, without staging any spectacular gains, as investors
        Reuter,; AFP  -  157 words
      • Article
        Lock icon Japan oil firms to be hit by poor market
        321 22 ENERGY REPORT Reuter [TOKYO] Japanese oil firms' profits, already hit by surging crude prices in the first half of this business year, are expected to suffer from low prices for oil products in the second half, analysts said yesterday. "Oil firms
        Reuter  -  321 words
      • Article, Illustration
        Untitled
        1416 22 nrr—BiCT caw UTM /tf <3 to* 101 r» Om rn MhfcpHfc im Wm m$ iZSNfcfc Nm s$ —8 sir Wtt Mrt N— US$ j Australia 1054 1178 0.628 4.075 1206 6.122 28.291 45« 0.906 6.579 2.000 110 ***** 20.711 1R7 1723 1.016 ***** ***** 0.480 0.792 r 0.949 6.251 0J96
        1,416 words
    • Article
      COMMODITY PRICES
      1637 23 SICOM FUTURES sov6 tUMU (Mum doMtaort SJOpa) RSSlCONTRACT(Sc«**o) ClOM VdMM OpM Mowth Mfh Uw Sott (toMM) hrtorost 0" «U5 «1.00 ***** 150 950 JW-75 W4.25 184.25 200 1225 m.75 185.25 185.75 250 1700 1,7 75 25 W75 <00 1300 **£*"97 188.50 3600 £J5£?L 189.50 450 4410 °ct/D«c 97
      1,637 words
    • Article
      WORLD STOCK MARKETS
      2269 23 LfflHHM **■> hw AB Ports 274.400 4.400 Atbay Natipnai 650.400 *10.400 AMad Oomacq 479.400 -2 Amo« 100.400 -1 Aid* Group 116.400 -1 BAT ind 415 -3 •ICC 286.400 -2 BOC Croup 859 *6 BR Pptrolpum 635.400 .400 ST* 250.400 -3.800 Ban* of Scotland 497 *220 Barclays 999.400
      2,269 words
    • Article
      Lock icon TOKYO
      1576 23 AFX-Asia Hamas «awm SHARE prices closed sharply higher yesterday, buoyed by futures and revived buying in the cash market triggered by optimism of firm US markets following the US election results, brokers said. The 225-share Nikkei Average closed up 399.19 points at 20,991.52, a gain of 1.9 per cent.
      AFX-Asia  -  1,576 words
    • Article, Illustration
      Lock icon HONGKONG
      1635 24 AFXAsia FlHangSeng +272.77 SHARE prices closed sharply higher yesterday, setting a new record on the outcome of the US election. Dealers said the status quo outcome of the election was welcome news to the financial markets. The Hang Seng Index took off as trading resumed in the afternoon on
      AFX- Asia  -  1,635 words
    • Article, Illustration
      Lock icon CHINA
      606 24 Reuter QShenzhen B Share Index -0J29 SHENZHEN'S B Share Index closed slightly lower yesterday due in part to a fall in China Marine on profittaking, brokers said. The B Index shed 0.29 point to 89.56, with turnover rising to HK521.65 million from HK512.95 million on Tuesday. China Marine sank
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  606 words
    • Article
      Lock icon TAIPEI
      375 24 AFP QWP Index «j>g SHARE prices finished 0.7 per cent higher yesterday as investors bought heavyweight financial issues. "Financial issues, which had consolidated for some six months, attracted buying from foreign institutional investors and some local retail investors," said a trader. The Weighted Price Index added 49.51 to 6,653.65
      AFP  -  375 words
    • Article
      Lock icon WELLINGTON
      264 24 Bloomberg Business News QWaDJagtm *13.75 SHARES rose yesterday as bond yields fell, boosting the relative appeal of equities. The NZSE Top 40-share Index rose 13.75 points, or 0.6 per cent, to 2325.21. Bloomberg i *f- mm ANZ Banking UT 0.09 2090 Advonttfot HMgt US untfi 1000 Air Nn ZooUn*
      Bloomberg Business News  -  264 words
    • Article, Illustration
      Lock icon BANGKOK
      842 24 AFP n SET Index *2126 SHARE prices closed 2.6 per cent higher yesterday as investors gained confidence from the re-election of US President Bill Clinton despite a lack of local incentives. "The market is just reacting to the news that the status quo remains in place in the US,
      AFP  -  842 words
    • Article
      Lock icon SEOUL
      396 24 AFP rlCompogitglßtoi +13J4 SHARE prices closed 1.9 per cent higher yesterday on widespread investor belief that the government was set to intervene to halt the prolonged slump, dealers said. "The government is sending a message that it will not sit there doing nothing, while the market is going down
      AFP  -  396 words
    • Article
      Lock icon SYDNEY
      593 24 AFP PADOrtoariei -LP SHARE prices closed marginally lower yesterday as investors brushed off a cut in official interest rates. The Reserve Bank of Australia dropped the official cash rate to 6.50 per cent from 7.00 per cent, where it had been since July 31 when rates were dropped from
      AFP  -  593 words
    • Article, Illustration
      Lock icon JAKARTA
      745 24 AFP IH! Composite Index +3.47 SHARE prices closed 0.6 per cent higher yesterday on modest buying in selected blue chips after a strong performance by Wall Street, dealers said. "The market was pretty strong. The index was boosted because of Telkom, which followed cues from New York. Last night,
      AFP  -  745 words
    • Article
      Lock icon MANILA
      305 24 AFP Q Manila *1125 SHARE prices rose yesterday on positive macroeconomic and corporate news. The PSE Composite Index gained 11.25 points to 2,998.43. Turnover was '8.6 billion shares worth 2.6 billion pesos. Petron Corp gained 20 centavos to eight pesos after winning a two-year, 16 billion peso (SsBs7 million)
      AFP  -  305 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Tenaga leads stocks higher
        7762 25 AFX-Asia Composite Index *128 SHARE prices closed higher led by continued accumulation of Tenaga Nasional stock while other blue chips drifted sideways on a lack of fresh leads, dealers said. They added that second board speculative plays continued to dominate market activity. The KLSE Composite Index
        AFX-Asia  -  7,762 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2152 26 malaysian stocks ■■■■■■■■■HHHMHHII Or Or 1996 Last V«t Day Lwt Ouata Ml Mi W M M Cap nm> l— sow Cawpag u* rooo) hh» i— Bwyar agg fw m f* 625 MO miSOOO AISBSOc 410 Cd 1 S 410 400 400 410 10 4.* OJ 8X7 420.6 "9
      2,152 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        541 27 T w IMfW 2A.nl KLm MAH MM| ;My|& iMMf sr tag <2 if W il *s J J J J MAIM (LM TOTAL sp Ml < f i* 11lii! 3n t i 1 1 u WZ Jz 2 r p is ilk* i a gBSS" yj{ -J* 1' ri Cf'l
        541 words
      • Article
        MAIN BOARD
        4384 27 y*»_ Op* LaptOmto o°« th Ml C*p Am Nl» m HW> CiiMt *b fOOO0 W» U» Owppr QpB*r Cm f/j Cm PiSpp 5144 ASC NT510 200 U»- woo wo ASfimoouoo—usom no m too 214 MS I2M AcprSOc UtIM *1 1M IN <71 t79 180 X044 T.» 1.0 lU
        4,384 words
      • Article
        SESDAQ
        840 27 —-v. a cS. .ris. t a .a !S a j?s sss a:-" 1 -hki s J *>v> u -v, u »<« TO 42.* 9 2004 CXI<PU<MS< 44.5 c4 »1 1 44 5 44 5 443 4U ION 2J Ct I4J 40 < *4 204 "4 2005 C4.tOurct.10e Ml -t
        840 words
      • Article, Illustration
        Market up despite revised economic growth forecast
        897 28  -  STOCK MARKET COMMEXTARY Rise helped by Sembawang Corp's hefty gain and late buying overnight buy program, although modest, also boosts sentiment By R Sivanithy [SINGAPORE] A hefty rise in the price of Sembawang Corp and a spate of late buying of index-linked stocks
        897 words
      • Article, Illustration
        HOT STOCK
        76 28  -  by Paul Leo ASIAN PAC Hldgs yesterday fell three cents on a heavy volume of 2.55 million units 3.3 times the 10day average of 767,600 shares. It is a long-term buy but the short to medium-term is likely to be volatile. Monthly RSI has bounced up from oversold
        76 words
      • ON THE GRAPEVINE
        • Article
          Chase tops for Asian derivatives
          119 28 RISK magazine yesterday announced that banks, brokers and derivatives dealers polled for its 1996 AsiaßlSK Rankings have voted Chase Manhattan as the top house for Asian derivatives. This is the second consecutive year that Chase has come out tops in the survey. The American financial
          119 words
        • Article
          Multi-tasking-the new way
          79 28 FOR some stockbroking companies without mega resources, the head of research must very quickly learn to do multiple tasks. Two research managers we were having lunch with recently noted how wide the job has become. "We don't only give research ideas but have to edit, design covers
          79 words
        • Article
          Other people's money
          115 28 HERE'S what Gerry Ball, publisher of Benchmark magazine told us. Singaporeans are not bad global investors at all, judging by the initial results from 4SO people participating in a competition which allow investors to invest $100,000 in paper money over a spread of 12 different funds, including
          115 words
        • Article
          Taxis and the WTO
          86 28 IF YOU think you have problems getting a cab now, you ain't seen nothing yet. Come December, the traditionally longer queues at taxi stands will be lengthened by the World Trade Organisation Ministerial Conference (Dec 9-13). There will be fewer cabs too, what with about 200
          86 words
        • Article
          No more 'study trips'
          64 28 CIVIL servants in Thailand who are planning overseas study trips had better do it before the Nov 17 general election which might bring the Democrats into power. Because Tarrin Nimmanahaeminda, who is likely to be the finance minister in a Democrat government, yesterday served notice that
          64 words
        • Article
          Wasting away excess fat
          33 28 THIS comes from a Hongkong Telecom press release: "Hongkong Telecom's plan to reduce the workforce by 2,500 over three years through natural wastage is well on track." Natural wastage?
          33 words
        • Article
          Hamper blues
          102 28 A GOODS supplier to hamper vendors grumbles that so far this year she has been getting miserable orders which she blames on the slowdown in the economy and the bleak property market. Last year, people were ordering hampers for just about anyone who gave them tips on the
          102 words
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      254 19 Total Facilities Management Company Established 35 year* Leader In Field Business Increased 30% per annum on Smtm Since 1990 Contracts Established WHh Government Oeueiimenls Public Companies (Amd > MuW National Companies <>jality Assijance Program throughout the Company Company Based in Austalta PRINCIPALS ONLY contact .MtCnMI winow POBok 86 Armadale. 3143
      254 words
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      Page 19 Advertisements Column 2
      160 19 What's your favourite business perk? Avoiding queues with priority check-in, a generous 30 kg baggage allowance plus priority tags to ensure it all arrives first French champagne, or Australian wine or beer to relax you and an amenities kit with Red Earth fine skin care products. 10" more leg room
      160 words
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      216 20 Espresso machines. Now available with their own aircraft: SR 183 and SR 187. How could you enjoy a five-course meal without proper coffee? It seems obvious to us, if not to other airlines. So on any of these Swissair departures you can enjoy a freshly made cup of espresso in
      216 words
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      33 21 Bklifr HOT/COLD POOLS SAUNA BATH STEAM BATH illShta TV/COFFEE LOUNGE«H MASSAGE ROOMS REGENT HEALTH SPA 78, SHENTON WAY #01-01 A 81-01, SINGAPORE 0207 TEL: *****68(5 LINES) BUSINESS HOURS: 10.30 am TO 11.00 pm
      33 words
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      Page 21 Advertisements Column 2
      487 21 A fT '^^^^■|tg^^^*g^|ja|PP^' n< H| <. P**'. JEmF s>Jf W' jpP jl g 1 ij| H9Hr For a cup of the finest coffee in the world or a quick and delicious meal, THE LIVES ON AT DOME. OUO DdME: SOI ORCHARD Road »03 l 5 LANE CRAWFORD Place TEL: 737
      487 words
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      207 22 ~J* I y§. M l a -1 M dsdrl -gg JH jJH jp jfl /I Hi i *Jrjm Hk. m d •mMME fc /Ml "-gan 'Jr The Tuscany. For Authentic Tuscan Cuisine. If you have a leaning towards Italian food, you'll find plump olives and many other authentic Tuscan dishes.
      207 words
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      90 26 f. nn '"dependent distributor of heavy equipment engine parts for more than 500,000 item encompassing 50 brands to customers throughout Southeast Asia. With an advanced inventory system an international network of customers in the infrastructure development, construction, agriculture, forestry, mining and marine industries, Kian Ann endeavours to be 'The Trusted
      90 words
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      33 27 1 ,[t U[ H, H Jaeger LE OULTRP* I^H JBppBW FOR A FREE COPY OF OUR 2QO-PAGE CATALOGUE, CONTACT YOUR LOCAL RETAILER OR S.A. DESCO SINGAPORE PTE. LTD. TEL: 337-22-61 FAX: 337-10-98. •ft
      33 words
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      Page 27 Advertisements Column 2
      31 27 For real- time stock information, f call Quick Stock on 1900-913-0003 at 30 cents a minute/ Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      31 words
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      Page 28 Advertisements Column 1
      333 28 ————«—————l———————————— I BUSINESS v otices 111 \n\ mm isi: < \i i toi.i -frkk isoo-7-h ix.sJ NOTICE IS HEREBY GIVEN that, I Hoong Bee Hua ofßlkS, #03-111, Prinsep Street, Singapore *****5, have applied for a Beer House, First Class in respect of M/s Hyde Park Cafe located at 76 Prinsep
      333 words
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      Page 28 Advertisements Column 2
      302 28 NOTICE IS HEREBY GIVEN that, I Sim Hong Chye of 94, Hillview Crescent, Singapore *****7, have applied for a Wholesale Beer Shop in respect of M/s Pek Hup Trading Pte Ltd located at N0.44, Unit-E, Pasir Panjang Road, Singapore i *****, and that this application will be considered by the
      302 words
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      Page 28 Advertisements Column 3
      327 28 NOTICE IS HEREBY GIVEN that, I Anthony Ang of Blk 103, #12-755 Serangoon North Ave 1, Singapore *****3, have applied for a Wholesale Liquor Shop in respect of M/s ETM Invesment Corporation Re Ltd located at 330 Circuit Road, Swee Hong Building, Singapore *****8 and that this application will be
      327 words
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      Page 28 Advertisements Column 4
      413 28 NOTICE IS HEREBY GIVEN that, I Augustin Victor Lopez of Blk 162 Yung Ping Road #05-15, Singapore *****2, have applied for a Retail Liquor Shop in respect of M/s Bhavini's Provisions located at No. 220 River Valley Road, Singapore *****8, and that this application will be considered by the Liquors
      413 words
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      Page 28 Advertisements Column 5
      334 28 IN tHE MATTER OF THE COMPANIES ACT. CAP. St AND IN THE MATTES OF SMALL INVESTMENT PTE LTD (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN thai the creditors of the above Company which is being voluntarily wound up. are required on or before Monday the 9th day
      334 words
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      Page 28 Advertisements Column 6
      5 28 MORE NOTICES ON PAGE 14
      5 words
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      357 28 IN THE MATTER Of COMPANIES ACT. (CAP. s*l AND < IN THE MATTER OF MIDPAC SINGAPORE PRIVATE LIMITED (IN MEMBERSVOLUNTARY LIQUIDATION I NOTICE IS HEREBY GIVEN pursuant lo Section 308 (I) of the Companies Act Chapter 50. that the Final General Meeting of the above-named Company will be held at
      357 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      297 29 Bridge News Reuter. RESPITE increased -activity earlier in the day, late trading appeared to be quiet with little news of Concluded business. PAKAMAXi Grain sources Said that Pakistan bought 320,000 tonnes of US wheat for Nov shipment from the Pacific Northwest for Shipment Nov 12-30. r South Korea
      Bridge News; Reuter.  -  297 words
    • Article
      MARITIME STOCKS
      200 29 w w tmi»tb»uUm\ —.109 gndi T7 OHKHu* 0.94 Midi It Cmm >n»ntn»«n> _t44 -0.04 S3 FtU 630 *OJ3S 261 FUMMUrtH 0.68 undi II >jW><lip 0 92 >0 025 0.99 unch 98 MMMZmw 0.615 -O0M 3 HCIMAw —MK5.60 JgWiHIH* 102 '*002 4 ■EglziSg is MMock 148 -OOI MH~ in
      200 words
    • Article, Illustration
      Lock icon SFFA to change name to reflect its wider scope
      506 29  -  Members now indnde warehouse operators and logistics equipment suppliers By Yong Mei Fong [SINGAPORE] Just alter it has opened its membership to warehouse operators and logistics equipment suppliers, the Singapore Freight Forwarders Association (SFFA) intends to change its name to reflect
      FILE PHOTO  -  506 words
    • Article
      Lock icon Huge private capital needed to build Indian ports
      264 29 Regulatory body to be set op to oversee privatisation AFP [NEW DELHI] India needs up to US$7O billion (Ss96 billion) in private investment to build ports and highways in a bid to achieve economic growth of 6 per cent, Minister for Surface
      AFP  -  264 words
    • Article
      Lock icon KCT's box volume in Oct higher than forecast
      240 29 Bernama [KUALA LUMPUR] Kelang Container Terminal Bhd (KCT) handled 92.000 TEUs (20-ft equivalent units) of containers in October this year compared with 85,000 TEUs in September, its managing director, Abdul Samad Mohamed, said here on Tuesday. Speaking to reporters at a cocktail
      Bernama  -  240 words
    • Article
      Indon shipping group grabs the spotlight
      627 29  -  MEWBDILDS By. David Hughes INDONESIAN shipping group Andhika has moved into a bigger league with its order for three 45,000 dwt bulkers. The group, which has a strong presence in Singapore and Hongkong, is a well known player in the in-tra-Asian trades. Its current
      627 words
    • Article
      Lock icon Taiwan-China shipping plan may spark reflagging
      266 29 Reuter [TAIPEI] Taipei's move to allow foreign-flagged ships to sail directly between Taiwan and China may force domestic ships from the two sides to switch to foreign flags, officials and shipping executives said. In an apparent easing of Taiwan's nearly five-decade ban on direct
      Reuter  -  266 words
    • Article
      Lock icon Beijing finalises cross-strait shipping rules, says paper
      246 29 Bridge News [TAIPEI] China's Ministry of Transportation has finalised a draft of detailed regulations intended to govern future direct Taiwan-China shipping links, and is likely to formally announce them by the end of the week, according to a report in the Chinese- language
      Bridge News  -  246 words
    • PORT Shots
      • Article
        APL starts intermodal service to Harbin
        82 29 [SINGAPORE] APL Limited has kicked off its first rail-based intermodal container service to the inland city, Harbin, in north China. It Will run a 26-day intermodal delivery from Harbin to Ntew York via a daily rail link between Harbin and the port of Dalian.
        82 words
      • Article
        Lock icon Gdansk allowed to stay open till end-'97
        62 29 AFP [GDANSK] The crisis-hit Gdansk shipyard, the birthplace of the Palish trade union Solidarity, on Tuesday won a Mprieve when a court ruled that it should not be doaad until at least the end 0f1997. The shipyard waa declared bankrupt in August with
        AFP  -  62 words
      • Article
        Lock icon Jordan,Greece sign maritime accord
        83 29 Bridge News [AMMAN] Jordan and Greece have signed a maritime transport agreement that commits shipping authorities in the two countries to extend preferential treatment to vessels frequenting Greek and Jordanian ports, officials said. "The accord is a very important one because it comes 1 at a
        Bridge News  -  83 words
    • Article, Illustration
      Lock icon Upstart threatens industry
      1086 30  -  CHTWAC4R PRODUCTION: NEED FOR STREAMLINING :;By taking sales and resources, maverick small car maker Zhonghua is preventing bigger, better companies from improving profits. And local authorities often erect protective barriers to a national car market Peter Hannam Bloomberg Business News HONGHUA W J Motors Co I J
      Bloomberg Business News; FILE PHOTO  -  1,086 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      276 30 PAOC t Drift Car 90 II ACL n Eastmal 2 Actocean 13 Kt 6 •A* 3 EES 13 AM* 13 EH** 1 1 6 9 Accord 12 Ewofcaw 6 AfrMk* 4 Ewgrew 6 MMMO 4 Eauous 7 zr 3 Austral n f«o«nSw 12
      276 words
    • Article
      SHIPPING GUIDE
      15012 36 EXPORT *iiwuoi/n i, my v DmoDn iotd IT* IT* Advertiser VknI Vo yage THephone ETA ETA Advertiser Vessel Voyege Telephone SW Owfn Nam* Nam* Wwwbar Number SIN DeafA Name Name Number Number A To BREMERHAVEN (BRV) 2057 Germany To ABIDJAN (ABJ) 2003 w/i 30/1 Har#n klongbeach otow a
      15,012 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        516 43 v,u#l VoyNo Btrtli Arrival Dtpartart HI JMfhrt ISTL. ttWHOO £££k 2i2? ■*">"«■ oiwoc Si? Sff 5! 07VW45 5J2*,_ M 07VC3OO K Mjki *•> om* joi <nmmi o? n/oen SJJ22 07IV0600 ?*"J»* J03 *nm oT.n/wn !!l'_'g" j» B7.IWJOC 2"*r"? 1 J04 *upil» 07H/HOO MM09 M Mlinimi >, VO«C J"**"
        516 words
      • Article
        CONTAINER SCHEDULES
        1236 43 RECEIVING Of EXPORT FCl CONTAINERS AND tCL CAROO BooklNg/Maac* Rstls SW? Voy Wo Etb/Btr Nrtod Frm To From to 0050 00/2JM U M/BM 0O*M HMO o*/woc w* a otAToe 07/0*51 :"W0C a 04/T700 07-0*51 C'WX 07/0700 07/7151 OJHOC 4 07/BM 07/MM 07/WM to"*" «S mm i WON WW
        1,236 words
      • Article
        GLOBAL HOLIDAY
        194 43 Not 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. Not 8 India: Dhan Teras. Hot# India: Kali Chaudas. Pakistan Allama Iqbal's Birthday. Not 10 Singapore: Deepavall. India: Market holiday on Bombay stock
        194 words
      • Article
        COCKETT BUNKER MARKET REPORT
        764 43 THIS report, compiled by Cockett Marine OU Ltd. shows price range* In US doUar* in Mead at tingle price* Ibr a more comprehenalve deecriptlon at the market. Price* shown are baaed on averagesteed stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        764 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        297 43 aa N— "f v rs "j Oi HO km H72 OJ Hi) 0.07 31 *0 0$ gg JSZ JV" WU U mj 0.B 50 0.00 weiMcUBits *«99i [o 71 7Z zz rr: 1 1 o few 991 to N0 OB ao* a£ US 6- w OJ8.8
        297 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon BA given nod for provisional running of Air Liberte
        240 44 AFP [PARIS] British Airways was given permission on Tuesday to take over provisional running of troubled French airline Air Liberte, saving it from liquidation, a French court ruled. A plan by British Airways in association with Rivaud Bank, a principal shareholder
        AFP  -  240 words
      • Article
        Lock icon United Air, SAS granted anti-trust immunity
        158 44 AFP [STOCKHOLM] Scandinavian Airlines System (SAS) and US carrier United Airlines have been granted US anti-trust immunity by the US Department of Transportation (DOT), SAS announced on Tuesday. The decision means that the two airlines may now go ahead jointly to expand and enhance
        AFP  -  158 words
      • Article, Illustration
        Lock icon Airbus can help China develop even bigger planes: Avic
        404 44 100-seat jet project complements Airbus family, says aviation chief Bloomberg Business News [ZHUHAI] Aviation Industries of China, which chose a European consortium over Boeing Inc to develop its US$l.7billion (552.4 billion) 100-seat jet, said Airbus Industrie may help it build even
        Bloomberg Business News; AFP  -  404 words
      • Article
        Lock icon Airbus wins big order from USAir
        156 44 Reuter [PARIS] Airbus Industrie has won a firm order for 120 A 319 and A 320 planes from USAir, the Wall Street Journal Europe said in a report citing people familiar with the deal. While list prices for the planes would be US$5.3 billion
        Reuter  -  156 words
      • Article
        Lock icon Samsung's Fokker decision within days: Dutch govt
        194 44 Reuter [AMSTERDAM] Dutch Economic Affairs Minister Hans Wijers said on Tuesday he expected a decision on a takeover of bankrupt aircraft maker Fokker NV by South Korea's Samsung Aerospace "within days", news agency ANP said. Mr Wijers earlier met Dutch cabinet colleagues to
        Reuter  -  194 words
      • Article
        Lock icon Price war looming between Boeing and Airbus super jumbo planes
        334 44 Europe group says price of its A3XX will be USsl9Bm, USs2m less than Boeing's AFP [PARIS] A war over the price of future super-jumbo airliners from Airbus and Boeing was signalled on Tuesday when Airbus said that its product would
        AFP  -  334 words
      • Article
        Lock icon EU official urges free trade for airline industry
        314 44 Limits on foreign ownership should be lifted, lata told Reuter [GENEVA] A senior European Union official has called for worldwide limits on foreign ownership of national airlines to be dismantled and suggested the aviation industry should eventually come under global free trade
        Reuter  -  314 words
      • LOG Book
        • Article
          Lock icon PAL flight crews threaten strike
          82 44 AFP [MANILA] Philippine Airlines (PAL) flight crews threatened yesterday to strike In protest against management delays In pay negotiations, an official said. The 2,000-member Flight Attendants and Stewards Association of the Philippines (FASAP) is to stage a rally on Tuesday "to protest the long-standing CBA
          AFP  -  82 words
        • Article
          Lock icon Thai Airways cargo workers end strike
          83 44 Reuter [BANGKOK] Nearly 1,500 air cargo workers of Thai Airways International pic went back to work yesterday, ending a two-day strike that paralysed cargo shipments from dozens of airlines, a union member said. A member of the Thai Airways Employees Association said representatives of
          Reuter  -  83 words
        • Article
          Lock icon Jumbo jet makes emergency landing
          82 44 AFP [TOKYO] A Northwest Airlines jumbo jet with 352 passengers and 19 crew members made an emergency landing at Tokyo's Narita airport early yesterday, after the pilot reported smoke Inside the plane, airport officials said. A female passenger injured her leg slightly, but no serious
          AFP  -  82 words
        • Article
          Lock icon Martinair buys stake in airline
          87 44 Reuter [AMSTERDAM] Martinair Holland said yesterday It was taking a 40 per cent stake In Colombian airline company Tampa. Martinair said it had also acquired 10 per cent of. 2V Florida-based Martin Aviation Group (MAG), a cargo sales and services representative for South America. "Both
          Reuter  -  87 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1245 44 cmr FU6MT CTA FU6HT rn» som U20 VM740 MX) AMiPMM S0441 1635 IYW9 2025 W743 1925 AMaMt S0230 MIS 0F82 2050 Mm«Kw| UA805 0105 UAS06 0800 OW WO SOI IMO CX7I0 0040 kmsitr4m KL843 0550 KL834 0025 JgJ S0060 0915 S025 0700 CX7T7 1235 S0862 1315
        1,245 words
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      15 29 Upstart threatens China's car industry 'Need for streamlining. Page 2 etrrM 4m t» early priating
      15 words
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      Page 29 Advertisements Column 2
      92 29 Airbus can help China develop even bigger planes Avic 100-seat jet complements Airbus family. Back Page I —n 4 t .fe 'i ft.' JI 3B TOKYO H "v S j 10davsV! <P<l I EFFECTIVE FROM 11 NOV Is 6 111 HANJIN CHUNGMUVe^^As^W Enquiries: *****30/238 1 /7> HANJIN SHIPPING (SINGAPORE) PTE
      92 words
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      604 30 WjOAPoraoAUFOwiKikHteai TOT COAST) IQUIJ KAIUCHI cxpfw WKX vw o** iu ha u m fjjjl rosa vor mm jm im m mi H/» 17/w 17/w 11/11 w/n MMuauv n/ii ~vn* ii/ii ii/ii «/w WW W* M/ 1« 14/11 mm m n/u n/u M/II u/u m/ii HON6 row ones 04W a/11 n/M
      604 words
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      Page 30 Advertisements Column 2
      550 30 UnM A MtvtoM fpfwmxj I by Mamban of ttM Ragtoy of Mamtoar»of#>a Accra<*ad SNppftg Agants. Singapor* Frtfg* For****' S-poroNaionalShipphgAMoc *>anrta«on. J «JMt 2 Just talk to us... Iris Lim 740-2044 Tan Up Chuan 740-164(23 Jarrod Leong 740-2069 Philip Koh 710 2101 MI MM SM ifiju BJJ— I ii.n I ii.ii
      550 words
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      1231 31 m r^ I MQHC SOUTH WEST EXPtESSfIMRKT) Ivgsa Iwr Iw swim Iswnp lux m I«nI <w wrc |ai hou In I in on »i» ww »/n m/m is/11 if/ii a/n »/ii «/ii ii/ii »/ii mm n/ii ggg ww w7fi" w7TT~ ty/ii a7TT~ m/ii g/ii m/ii ~a7fi~ zy/n "y/n~"w7n~ mnwM mi
      1,231 words
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      Page 31 Advertisements Column 2
      2055 31 HANJIN SHIPPING -T USA CANADA* lIMMU/VOVUM M SU rSJTm|W|ai|KT|W|M|M IH| KX WTC Off TVt TTZ TU TTC TU a was—mi 13/11 u/n os/n 07/11 u/11 u/11 u/11 u/n 07/n 10/n n/11 10/11 u/n ~i3/n~"n7n~ wiT li/iT li/iT 10/ iT l»7n~ a win—mi u/11 11/11 11/11 m/ii n/n is/11 is/n 17/11
      2,055 words
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      Page 32 Advertisements Column 1
      578 32 <jT DSR-SENA TOR >- ill Round the World Container Services ACCEPTING ODESSA AS WELL AS ALL OTHER EAST MEDITERRANEAN PORTS AND INLAND POINTS NEWSHIP AGENCIES PTE LTD 2% SINGAPORE: TKL; *****68 FAX: *****08 TLX R8 ***** FOR ENQCIKT/BOOKINGSc JESNY/LAY CHOOCATHKRINE *****4V*****3 t FOBTKLANCkaNAaAN MALM SDN BHD TKLiiH-T—l tig HUNTING Lgfe
      578 words
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      Page 32 Advertisements Column 2
      1069 32 I NOR ASIA I"— 1 W ISM KLI QM LAS SCLVAL ALO ROT ANT PEL LMA I MOR HONGKONG 6644-3 I*ll I*ll 3VII 6*ll ttfll 99/12 6*12 WIS 6*12 6*12 WU NON 6HARJAH 66*4 W1 2*ll *7/12 I*ll I*l2 19/12 I*l2 12/12 I*l2 I*l2 I*l2 MSCRAFABA 9646-3 27/11 2*ll I*l2
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      Page 32 Advertisements Column 3
      385 32 Direct Container Service to Fangcheng i m Zhanjiang Vessel S'pore Fanyph«»n f Zhanii^io uahbao wn atn nnc, m 1 /V c!>AfTRANS FAX; 03-*****90 lipfa lh**or*ttTNNN^»klU—Ckfti« mm Plpm RO/LQ Cwhr Hwf>h| RO/RO, Ramp Capodty opto 40 tms Haavy Lift opto 68J torn Z M/MM/CMr/ynMn Thai Fkg Statn VJSA OHO/11 11-10/11 10-17/11
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      1442 33 Pii STRAITS SHIPPING PTE LTD 10 Ho* Chiang Road #11-01 Keppel Towers -■LB Singapore *****5 Tel: *****88 Fax: *****17 stiAH t iiuhii cowviiniomi savia |ho chi hinh hiu coirania suvict w B 1 Ivpsa VOT m«) snAmHort mm 00/n I 12/11 u/n otanmuuMtov yhiiw 00/n 11/11 IsmmsTM mm u/n I
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      Page 33 Advertisements Column 2
      1196 33 CAUL TO KAOmnfiSvtfTl SAIUNG EVOnr MOKMr |:j WtTH SHORT TRAWSn Of 5 DATS gl I i *y i Ti lt SSSSL. "ss!f/« ssnTr»/«; aBg.°gi M MWfM m I *****75 HLQ7-07-1S SOP MO SNA OA WO ON Mi QM HPU VESELAOMGE M H (Ml 91 MO 111 M ME la mm/wok
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      Page 33 Advertisements Column 3
      391 33 /7_/_ IPE RKAPALAN DAI ZHUN jf M TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 Z TUAMStT/ MBAMA-HUOUTY BtRTN HO CHI MUHMMMCATID ~7 GiSOO* 96W 10 ll GfTONG HI 9 10/11 *-i GIHUAT A 5454 10/11 Ami H,t2 IJ/I1
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      Page 34 Advertisements Column 1
      1151 34 I EUMPiyUI(ySCAIIOUW¥Wmiy«WIUSSIA I f*6P I RDM ANW HBG THf ZEE LHV LHV THP ROM ANW HBG PKL ICP I I fRFPITk'MM 223 »n\ 2?2J S2J J*" E GOODS RE «4 11/18 11/1 I 18/18 17/18 18/18 11/11 IVII I ISSS«mm|S!> IK] !K? !I«? VJ\\ VJll 1 »/i6 *2/16 m/is «/ie
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      Page 34 Advertisements Column 2
      935 34 I WSStI VOTAGI SGP DUO AM MAN lAN RWI I VflUl VOYIGf MM naa >au cem I ImoSmud mSotS \u[\ ot/19 ovli W/M 75/11 75/11 ""((war wm v/ic n/io 20/10 30/10 11/11 I UWOMMO *****74W 71/11 02/1? 01/11 M/ll OVI2 IMKOKOtO 04»flja OVII 04/11 05/11 04/11 11/11 M v» Dubai.
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      Page 34 Advertisements Column 3
      608 34 irca. NANTAI LINE I WMCTwiaaTwucowmMtttttt sarwarosontwahka I |W |HI [1 [OT If ton It \m |MI I BMOUBBIS Ills VII BVtt 12/12 0/17 I mmaa m 21/12 jyjT m!" m" I I j»* ru_ T T" I ih_ r»_ T I I I I T"Z* I NORTH EAST ASIA SERVICE
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      686 35 I BSA il. W MYANMA «BBk FIVE STAR UNE W (RyoNMOf NotioNol Um) i Loading for Yaijoa (Raagooa) •VtSSB VOV SM KG PH Kll .PMYA 143 MPT |P AfiAN 237W 11/11 MALATSM AGMTS: MUSTUO SMPPMG AMNOH |«Ut TU 02-03-2417) M PKL TH M-03-37M101 »9k HI 02-04-*****0? POO; Til 02-07-*****21/4 iig|
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      Page 35 Advertisements Column 2
      1029 35 HYUNDAI MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKG: *****32 |VB« WW I« I IB W un NAM Mil m HTHNNNBS MIW 10/11 27/11 M/ 11 M/ 11 M/ 11 M/ 11 M/ 12 HYIAAON MIW 17/11 04/12 M/ 12 07/12 07/12 07/12 10/12 HTIMPBOO M2W 24/11 11/12 12/12 14/12
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      Page 35 Advertisements Column 3
      408 35 I (i£. FAMOUS CONTAINER UNE£= 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 s' HOT UNE: *****33 (30 UNES) EUROPE/ MEDITERRANEAN If SCANDINAVIAN Jr Jr f f ports daily J We make Sure Our Standards Never Change For more details please call for Ramlah/Angie/Molly *****33 P. KLANG PH: 0203/*****02 (10 LINES) PENANG
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      44 37 To retrieve more schedules, just follow these simple steps... Step The document be faxed jg Press "i" your Step key in the four number digit code Key in your Example: r-l—i fax number To NEW YORK (NYC) 2275 for calls within Singapore Unitod States
      44 words
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      Page 39 Advertisements Column 1
      528 39 a Waakly LCL A FCL fi ODICcII S*™** to Caribbean 6 nipping A Control America MAHCOTHE MAfRSK &lACB 9607 OWE Port Country 12/11 19/11 Wi»CHy Bal.ze 6/12 23/12 Bridgetown Barbados 19/12 26/12 Cartagena Colombia 18 /j 2 25/12 Caslriej St. lucio )8 12 25/12 Fort de France Martinique 19/12 26/12
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      Page 39 Advertisements Column 2
      581 39 ADVANCE CONTAINER LINES (PTE) LTD ——A I 140 C«dl Street. #12-00, PIL Building. Singapore *****0 M V Lb I 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
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      Page 39 Advertisements Column 3
      849 39 l» 3 '*****0/ PAMCTTA LE HAVRE HAMBURG THAMESPORT ROTTEROAM ANTWERP \fILLE DC SAGii IA SI7W 12/11 23/11 02/12 03/12 OS/12 o*l2 08/12 VMEDE NOflftil*. NI7W 19/11 3*ll 08/12 10/12 12/12 13/12 I*l2 VK-L£ DE OTMHA, HI7W 28/11 07/12 14/12 17/12 19/12 2*12 22/12 MLLE OE LYRA YI7W 14/12 23/12 24/12
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      Page 40 Advertisements Column 1
      1443 40 J| l Vg £1 ~VW «N JKT VKMB. ~557~ |vessel voy sm ~I bkk 1 WAWA BHUM 2S9S— st oa/i 1 Tu» 12/11" 8-mas empat gg Tim sipT S joom bamBHUM M Thu fc.Pt to I 10/11 MWMW M M2S_ IVII 81 18/11 OUWUBHUM W3 Sun W ~ts~ IFTT H
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      Page 40 Advertisements Column 2
      676 40 o —.WW, AAAMAVWAJf *W»V*UkA/l I) X%J *J\J 1 I^ VOT "M 5 —m— ,w w w l^vH. i ffl^.^[Tini ftnttrrmn IS 7— ~rr B*<x* sjnqapom I 229 mow 11/11 «un iy/11 —i^/jj mow T»/n Miaou cioup 237 "sun 17/n sat 33/11 1 yoT >w ***OM _»o«w*r —via O«*NT FKEEDOM |S4
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      Page 41 Advertisements Column 1
      440 41 f SINO EXPRESS SHIPPING |PTE) LTD. V MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m TEL: *****00 (4 UNES) FAX: *****08 TLX: R*****1 SI NO EX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: YESSEI/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Beijiao, Chiwan, GOOD LUCK
      440 words
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      Page 41 Advertisements Column 2
      126 41 /C__ GOLDEN LINE N A Isr/Sil GUAM GUAN SHIPPING 4 WQ-OV (PTE) LTD I¥ TT N 23, Wok Aysr Sfcwt SMGAPORE *****6 TEL *****68 (10 UNES) Fa* ******4 ITIAITI/HMIAM OUtr WVICt Spore PKetang Penang FOB VAN GOLDEN GRACE KaracMXtoa/KLfwat 28-29/11 CHINA BKM VICE VU LONG Ctwa Ports 1011/11 A VSL
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      Page 41 Advertisements Column 3
      430 41 K5 MN CONTAINER LINES. INC I f— —5 snme: *****22 (24 lhies) m4MB -NVV" J QWWft immillM SBU: (094) *****9 MAMLA (632) 912M91 Pe«AWQ: (09)*****9 BANGKOK (062) 23M57 SURABAYAOI) 2MD9O P KELANQ: (03) *****77 JK~R (21)*****07 MOW: |91)»44tD> BANDUNQ: (22) *****96 CONSOLTO: HONGKONG "NED. PASTEUR" V.8436 10-11-96 "NED. ASIA" V.6436
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      Page 41 Advertisements Column 4
      397 41 NICHOLAS IN PT 07/11 RdnVAtwAM/Nan I MELERI 18/11 RdrrVAIwAJK/Nan I PAN FORTUNE 2QTII 25/11 RdrrVAtw/UK/Nari I I Loading for HAUW METE HodeidahUwtttfVAqaba I APJKARAN Dubai/Bahrain/DotWDamman/Kuwait I ANNA (Xbai/AOhabl/DarnmarVJaddah I BUFFALO Hodwdah/Jeddah I AYSE ANNA Hodsidah/Jaddah/Aqata/Pt Satd I •Loads Singapore, E7W. Malaysia, Indonesia I I Loading for OCEAN ISLAND Los Angalaa/Haw
      397 words
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      Page 42 Advertisements Column 1
      536 42 Shipping Times ■"Business Centre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. r To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Fast, Reliable and Committed to you when it comes to
      536 words
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      Page 42 Advertisements Column 2
      229 42 B(pf6 Productsj^Services M System ||^^S Automated Storage and Retrieval System 1 »r- 0 ||^^^^BMjB[|MHB|[BBIjIB|[HM|MMIiiW TV IiHWBffBBBfH BE A PRIVILEGED j^H member *_«r As a SFFA member, you'll project total professionalism to your clients as "-3 you comply with the association's stringent membership criteria. SFFA is committed to upgrading the reliability,
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      129 43 J 4 J— M I i .1 1 1 pHk J KJ u U Vj 9 LEGEND: 5 Thunderstorm Temperature c A V Shower Weother Wind direction with speed in knots ••Roin V^J Cloudy Sky Wov h«flht S"jtoe «Mi arc iedkmed by arrows »Mch Hy wrth rt» «w«d Cy On«
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      194 44 Undsr Instructions from WATERFRONT RENOVATIONS PTY. LOTTED Dm to Cassation d Tracing On the Site 138 MANGROVE LANE, TAR EN POINT, SYDNEY, AUSTRALIA TUESDAY 26TM NOVEMBER AT 10.30 AM MAXWPWNT: MS 7 stoal construction 18.7x9.5x3 6m heavy Kft 81 BE d'cfc'Twuntad cranages ton haaw at ami. n Mi MSB 20
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