The Business Times, 13 December 1996
1996-12-13
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The Business Times
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Title Section13 1996-12-13 1 THE BUSINESS TIMES MITA (P) 046/12/95 85e SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, DECEMBER 13,199613 words
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Article67 1996-12-13 1 nsra mm 2182J8 (-9.90) HBT-SRI mM 1163.70 (-13.60) n BTOOMP M 21*21 (-12.7 D nimei mm 1038J3 (-23.32) Q MARKET MOOD: STOCK MABXCT INDICES Tfeunday Change KLSfiGOMP l.UM® -i?t NIKKQ MUM 47.18 HAN08KNG ISJ028—tSUS sun ma 871*—oil JAKARTA COMP __627 JO +1* MANILA COUP -*1* TAIPEI m uaut67 words
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Article69 1996-12-13 1 HDflUME BATES 08t SI USS UW 1.848 1*7 f 0* 0jM8 tM8 mi im om—um M UN MM HKS tl» 1181 BAHT tm UK «W1AHW (Ml UM PBOBllTBS SINGAPORE* 6.44 KUALA LUMPUR 1.26 JAKARTA 18.M BANGXOK ll» MANILA Oil HONGKONG 8M TAIPH Ul SYDNEY 19.50 TOKYO A.1% SEOUL 109669 words
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643 1996-12-13 1 Yang Razali Kassim - Members delighted with consensus reached on controversial issues By Yang Razali Kassim [SINGAPORE] The World Trade Organisation is on the verge of a major breakthrough, having hammered out and nailed down a ministerial declaration of historic significance. When they convene today to close five days643 words
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394 1996-12-13 1 Catherine Ong - Byi Catherine Ong [SINGAPORE] Singapore exporters, who account for nearly a tenth of the world's trade in information technology (IT) products, stand to gain market access and save millions of dollars in tariff payments as a result of a global pact sealed yesterday on394 words
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Article202 1996-12-13 1 [NEW YORK] US stocks moved well off session highs as an early bond market rally faded. The Dow Jones Industrial Average, which lost 70 points on Wednesday, gave up another 13 to 6,389.07 in early afternoon trading yesterday after surging nearly 35 points earlier. The long202 words
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Article, Illustration672 1996-12-13 1 Kenneth James - At least 29 nations to sign today intention to take part in deal By Kenneth James [SINGAPORE] The much-her-alded Information Technology Agreement (ITA) is finally in the bag. At least 29 countries, accounting for some 80 per cent of world trade inERIC CHU - 672 words
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Page 1 Advertisements
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Advertisement131 1996-12-13 1 iHwim Im, Wb $2 Bfltisn The Goh Keng Swee chair at the National University raises $2m, topping its target of $1.5 m, 2 HBWS WLllii tatuMidMtila, pg 21. Impact of decisively clearing the decks closing unprofitable shops, clearing inventory and chaftging strategy beginning to show through. <W| tan ana—drts, pg2l.131 words
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Advertisement28 1996-12-13 1 »HAPpy«socT* W/ y>s\ mek 2lBfl \%W IiHHH BbbSPI m m V C W 9fl »^JKliafc&f:c_j^P'jji *g^^BWßMkx|W^^K CHOPARD BOUTIQUE 435 Orchard 02-36, Wigma Atria Fax 65/235 82 00 Vtat<hes-Jeweller\-Perfume-Accessories28 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration326 1996-12-13 2 Chuang Peck Ming - Money will be used to engage economics professors and to fond Master's scholarship By\ Chuang Peck Ming FORMER deputy prime minister and finance minister Goh Keng Swee is a "true" monetarist, his friends all agree he believes in stretchingERNEST GOH - 326 words
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315 1996-12-13 2 Ven Sreenivasan - By Ven Sreenivasan N£WS and information group Reuters is moving some of its Hongkong-based editorial operations to Singapore as part of a reorganisation of its glob- al operations. u.-t-frThe agency's managing difor East Asia, Philip Malehior, said some 45 editoriI al,315 words
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Article321 1996-12-13 2 Clarissa Tan - EYE ON THE ECONOMY Company formation By Clarissa Tan THE number of companies dissolved in the third quarter has shot up 70.2 per cent compared to Q3 1995, latest figures from the Registry of Companies and Businesses (RCB) show. Altogether, 1,418 companies were wound321 words
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398 1996-12-13 2 Chuang Peck Ming - Move comes after nine breaches of credit limits found By i Chuang Peck Ming THE Government of Singapore Investment Corporation (GIC) has introduced independent checks on credit and trading limits in its foreign exchange transactions after the Auditor-General found398 words
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297 1996-12-13 3 Toh Han Shih - New revenue most likely to be from countries liberalising telecoms sectors, says company V-P Ry' Toh Han Shih SINGAPORE Telecom is banking on its overseas investments to help shore up its bottom line when competition erodes revenue from traditional telecommunications services after the year297 words
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182 1996-12-13 3 FROM today, Sing Net customers with a GSM or PCN handphone, can send and receive email. This is one of four new services announced by SingNet yesterday. The e-mail handphone service, Efone, enables handphone users to receive e-mail in 41 countries, if they sign182 words
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181 1996-12-13 3 TELESHOP, the retail arm of Telecom Equipment, has teamed up with electrical appliances chain Electric City to open a series of Teleshop Corners within the chain. A Teleshop Corner is a smaller version of a full-sized Teleshop. Managed by a181 words
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Article192 1996-12-13 3 THE business of selling information technology systems to small and medium enterprises (SMEs) here is estimated to be worth up to $600 million. The estimate came from National Computer Board (NCB) chief executive Stephen Yeo, who was speaking at Sitex *96 yesterday. The exhibition,192 words
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NEWS Roundup
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76 1996-12-13 3 THE managing director and co-founder of Eutech Cybernetics Pte Ltd, Hari Gunasingham, has become the first Singaporean to receive a certificate of recognition conferred by Canadian Prime Minister Jean Chretien. Dr Gunasingham was honoured for his software research conducted in collaboration with the National University of76 words
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Article49 1996-12-13 3 MINISTER for National Development Lim Hng Kiang will chair a public dialogue on Punggol 21 tomorrow. The dialogue, which will take place at 8.30 am at the Ministry of National Development Building, will include issues such as housing mix, shopping centres and transportation plans.49 words
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46 1996-12-13 3 SWEDISH telecoms company Ericsson has signed a contract to provide AXE switching equipment for Singapore Telecom's fixed telecommunications network. The contract includes the delivery, installation and commissioning of a nationwide signalling network on a full turnkey basis, said the company.46 words
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Page 2 Advertisements
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Advertisement87 1996-12-13 2 carpets Just arrived! H New stocks direct from factory CARPET DEPARTMENT GNEE HONG CO. PTE. LTD. FURNfTURE DEPARTMENT Column Street #02-28 GNEE HONG FURNITURE *M 71, Victoria Street Singapore *****6 Singapore *****4 rj Mon-Frf:9.3oam-6.00pm Sat: 9.30 am to 8.30pm Mon-Sat:9.3oam-6.00pm r* Sun Pub holiday: 12.00n00n-8.30pm Sun Pub hoiiday:l2.oonoon-6.oopm^_JTj S| M87 words
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Advertisement116 1996-12-13 2 Renters to close bureau and cut 170 jobs, Pg 24 JAL welcomes you with a special 5-star treat at Hotel Nikko-KL It's always a special treat to fly JAL Because now for the first time, our KL premium packages pamper you with a night's stay and breakfast at the 5-star116 words
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Advertisement110 1996-12-13 2 The new C with 12 sides to match the hours and a face engraved to last forever. 1 A Baume Mercier GENEVE •mm* Iterator Ml«m #01 -OSS Ngaa Arm C*y Tower B. 391 OcturU Road Sngwon *****4 Tal: 732 8831 *Mt»M P.1.F.: Chang) ««W (Mary Cha» ChaonQ Wak* Car*. Cor**110 words
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Page 3 Advertisements
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Advertisement119 1996-12-13 3 II Wtth a worldwide team of 250 mutti-discipiined professionals and a network of international offices, OCR A provides confidential and I cost effective company formation in all the major low tax areas I including: II FuM Professional after sales services provided. For a FREE copy of our 100 page colour119 words
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Advertisement254 1996-12-13 3 Ocean Palace wishes all a Merry Christmas Happy New Year €ves Dim Dank U«an Palacc 24/1 2/96: B.oopm--2.000m wmtrnirrrmm limjiuijiiiijiiii a x 0/ >>^ Menu Salad Shark's Fin Set Whole Abalone Superior Shark's Fin Set I J $98+++ +-f+ I and above $OO Per Person JT O P-Person I and254 words
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FOCUS: ADVERTISING MARKETING
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Article555 1996-12-13 4 S N Vasuki - The hotel chain, which recently opened a hotel in Surabaya, is wasting no time raising its profile in Asia From! S N Vasuki in Jakarta JUERGEN Bartels had just flown into Surabaya on a red-eye flight from Seattle. Barely an hour later, the chairman and555 words
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Article, Illustration332 1996-12-13 4 Tan Su Yen - Survey of 160 intl companies shows that tomorrow's leader will be a team player By' Tan Su Yen [SINGAPORE] The all-power-ful, controlling boss may well go the way of the dinosaur in the next decade, according to a leadership survey by executive search332 words
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COPY Lines
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59 1996-12-13 4 MADE using mother-of-pearl, silver, gold and the Japanese lacquerware art of maki-e, the limited edition Namiki pen is no plain writing tool. The collection of four fountain pens has been relaunched by Alfred Dunhill from original 1930s designs. Only 28 sets are available globally.59 words
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Article44 1996-12-13 4 THE mythical figures of Jupiter, Mars, Neptune and Venus all star in Wisma Atria's latest ad campaign. "We want to appeal to a group of increasingly sophisticated shoppers," said a spokesman for the shopping centre owners, A 1 Khaleej Investments.44 words
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Article40 1996-12-13 4 THE sky's the limit when it comes to property agent Louis Yeap Associates' marketing strategies. It has put up massive balloons over clients' property sites at Chepstow Close and Maria Avenue as a promotion measure.40 words
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Article154 1996-12-13 4 (SINGAPORE) An upcoming exhibition called Internet World International Singapore 97 will be dedicated to the Internet, intranet and Worldwide Web. The Internet World International series of shows is held twice a year in the US and the show in Singapore from Jan 20 to 25 will be154 words
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Article42 1996-12-13 4 Duration Title Venue Organiser 0*c M First ASEAN Epilepsy Alison Hotel Singapore Epilepsy Conference Foundation Clinical Neuroscience Society Singapore Tet: 222-3322 Dec 12-15 SITE* '96 World Trade Microcomputer Trade Centre Association (S pore) c/o Technofairs Corporation TH: 338-1789 Source: STPB42 words
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Page 4 Advertisements
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Advertisement204 1996-12-13 4 Think of Indian sport and you tend to think of white-coated umpires, spectacular boundaries and hoardes of chanting cricket fans. That notion now has some serious competition. For these days Indian fans are also turning on to a different kind of ball game. Football. Though still in its infancy, Indian204 words
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SOUTH-EAST ASIA
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391 1996-12-13 5 KUALA LUMPUR He says govt still working on plan to privatise the steel company Reuter, Bernama RESCUERS of Malaysia's Perwaja Steel Sdn Bhd need to invest more than Msl billion (***** million) to revive the ailing national steel company, Prime MinisterReuter,; Bernama - 391 words
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Article150 1996-12-13 5 KUALA LUMPUR Reuter KHAZANAH Nasional Bhd, the Malaysian government's investment arm, has invested M 5790.62 million (Ss43B million) in six companies involved in strategic and high-technology industries. The national Bernama news agency yesterday quoted Deputy Prime Minister Anwar Ibrahim as saying that the companies include MCICReuter - 150 words
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227 1996-12-13 5 ■YANGON Tight security mates latest wave of student unrest Reuter THE Myanmar military government yesterday warned that it will not tolerate major civil disturbances in the tense capital as the latest wave of student unrest was muted by tight security measures. Official media published theReuter - 227 words
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228 1996-12-13 5 HANOI Reuter VIETNAM said yesterday that a stack of foreign joint-ven-ture projects would be approved in the coming days, ending a year marred by doubts about investors' appetite for the communist country on an upbeat note. Several top politicians, dressed in smart Western suits,Reuter - 228 words
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Article, Illustration29 1996-12-13 5 V J?i to l to France the/irst h rench technol °gy exhibition in Thailand, trying to get their bearings vesterdav insi^ AFPAFP - 29 words
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134 1996-12-13 5 OTTAWA AFP MORE than 350 Canadian companies have signed up to join Prime Minister Jean Chretien next month on a twoweek sales blitz to South Korea, the Philippines and Thailand, his office said on Wednesday. The mission the third so-called Team CanadaAFP - 134 words
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Page 5 Advertisements
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Advertisement47 1996-12-13 5 wmM^m K > ißf 'il^^^^F _^H^^ IHr^^- r jf?^' LE TEMPS CHANEL THE MATELASSCE WATCH COLLECTION STAINLESS STEEL FOLDING BUCKLE WATERPROOF TO 30 METERS SWISS CRAFTSMANSHIP EXCLUSIVELY AT THE CHANEL BOUTIQUES: NGEE ANN CITY. 391 ORCHARD ROAD. SINGAPORE TEL: *****20 ISETAN SCOTTS. 350 ORCHARD ROAD. SINGAPORE TEL: *****2147 words
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CHINA-HONGKONG-TAIWAN
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Article, Illustration402 1996-12-13 6 SHENZHEN But governor's office says it will not offer any help AFP HONGKONG'S future leader, Tung Chee-hwa, appealed yesterday to Governor Chris Patten to cooperate with a controversial legislature that Beijing will install in the territory after July 1,1997 handover. But MrAFP; REUTER - 402 words
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338 1996-12-13 6 WASHINGTON Beying also plans to pass new telecoms law by early 1998 Reuter CHINA will allow Hongkong to operate its own telecommunications network after China takes over the British colony next year, a Chinese telecommunications official said on Wednesday. "After theReuter - 338 words
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141 1996-12-13 6 BEIJING AFP CHINA'S ambitious pension scheme will move to nationwide coverage in 1997, but only under the spectre of mass unemployment, Xinhua reported yesterday. Labour Minister Li Boyong told a labour conference in Beijing that China's new pension insurance system introduced asAFP - 141 words
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115 1996-12-13 7 TAIPEI AFP TAIWAN is to extend NT$2OO billion (5510.2 billion) in loans to help local firms tide over financial difficulties amid an economic slowdown on the island, banking officials said yesterday. The second-tier Taiwan provincial government on Wednesday directed seven state-run banks to jointlyAFP - 115 words
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Article, Illustration246 1996-12-13 7 m BEIJING AFP CHINA'S financial problems are long-term and require a tight rein on money supply to avoid any inflationary rebound, the country's top banking official was quoted as saying yesterday. To sustain stable economic growth next year, the growthAFP - 246 words
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365 1996-12-13 7 Bruce Cheesman - TAIPEI Mystery illness strikes workers at three plants, killing 2 Byl Bruce Cheesman A MYSTERY disease which struck workers at three factories, including 20 Filipino technicians at Philips Taiwan, has put Taipei's industrial safety record under the spotlight. Doctors are baffled by the365 words
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213 1996-12-13 7 BEIJING Bloomberg Business News AFP CHINA has downplayed its threats to punish the Walt Disney Co for the firm's plans to distribute a film that takes a sympathetic view of Tibet's exiled spiritual leader, the Dalai Lama. Shen Guofang, a Foreign Ministry spokesman, toldBloomberg Business News; AFP - 213 words
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Advertisement20 1996-12-13 6 I®■ if 9 I ARROW C()\U> ANv w> jb m■ m H* Sb i I Bp ft Ciß r. 120 words
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Advertisement84 1996-12-13 6 Christmas Cheer 4Mb. IOPiN HOUSE[ cssaasassttsassssssss 'I Saturday 14/12/96 '10.00 am 5.00 pm Sunday 15/12/96*10.00 am 3.00 pm FERRARI 456GT 355Gtb Gts 512TR 348 Spider Testarossa 328 Gts PORSCHE 928 Gts 911 Turbo 3.6 MERCEDES 500SL ASTON MARTIN DB7 Prices range from $220,000 to $690,000. Also available, a Lamborghini Diablo84 words
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Advertisement1648 1996-12-13 7 Commonwealth Bank Commonwealth Bank of Australia ACN 123 123 124 COMMONWEALTH BANK OF AUSTRALIA AND CONTROLLED ENTITIES ANNUAL REPORT FOR THE YEAR ENDED 30TH JUNE 1996 Balanc* Sheets Statement* of Profit and Los* as at 30 June 1996 for the year ended 30 June 1996 COMMONWEALTN BANK Of AUSTRALIA AM)1,648 words
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Advertisement214 1996-12-13 7 V 7 ll^^H x> CLASS S automatic watch: cat* in |eM/ steal Wr Mfphira flats. Equipped with the new PT •»*'•-<«•'• XENITH ELITE ■•«.ant, wafe* best movement af tha year. pa war retenra aboet S5 hours. ZENITH wBPTu tha Swis. Meaafacturer the dPy if mast often rewarded for its \Sm*214 words
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Page 8 Advertisements
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Advertisement1177 1996-12-13 8 BUSINESS Notices ORADEA PTE LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT UNCONDITIONAL TAKE-OVER OFFER (THE "OFFER") FOR ALL THE ISSUED ORDINARY SHARES OF 551.70 EACH ("SHARES") IN THE CAPITAL OF IPCO INTERNATIONAL LIMITED ("IPCO") OTHER THAN THOSE ALREADY OWNED OR AGREED TO BE ACQUIRED BY ORADEA PTE LTD ("ORADEA")1,177 words
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Advertisement442 1996-12-13 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF SETA PTE. LTD. (In Ktofnbtrt' Voluntary Liquidation) NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary Oeneral Meeting of the Company heid at 20 Cotlyer Quay #17-02 Tung Centre. Singapore *****9 on442 words
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Advertisement306 1996-12-13 8 IN THE MATTER OF THE COMPANIES ACT (CAP. 90) AND SHAK NYEN ENTERPRISE PTE LTD (Incorporated in the Republic of Singapore) (Members' Voluntary Windng-Up) At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 336 Smith Street #06-304 New Bridge Centre, Singapore *****6306 words
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Advertisement1092 1996-12-13 8 STAMFORD TYRES CORPORATION LIMITED ANNOUNCEMENT Proposed issue of 18.000.000 warrants ("Warrants") to subscribe for 18.000.000 new ordinary shares of $0.25 each ("New Shares") in the capital of Stamford Tyres Corporation Limited (the "Company") to be offered to members of the Company by Industrial Commercial Bank Limited ("ICB"). on a renounceable1,092 words
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Advertisement1510 1996-12-13 8 TO A DYE KITS I-'. CAM. TO 1 .1. !•'R K K IXOO-741 lSB.il IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF FLUID DATA ASIA-PACIFIC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract ol the Minute* of an Extraordinary General Meeting of the member* of1,510 words
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Advertisement531 1996-12-13 8 IN THE MATTER Of THE COMPANIES ACT CAP 50 AND IN THE MATTER Of NAM OUAN BROTHERS CONSTRUCTION PTE LTO (Members' Voluntary Winding Up) At an Extraordinary General Meeting of the Member* of Nam Guan Brothers Construction Pte Ltd duly held and convened on Sth December 1998 at Blk 201E531 words
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ASIA
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402 1996-12-13 9 TOKYO Civil servants banned from accepting gifts, wining and dining with business execs AFP THE scandal-ridden Japanese government is drawing up a strict ethical code for officials who will be banned from accepting gifts or wining and dining with executives, newsAFP - 402 words
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ASIA Notes
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Article61 1996-12-13 9 AFP [CANBERRA] Australia's parliament finally approved the controversial partial privatisation of telecommunications carrier Telstra yesterday, paving the way for the nation's largest-ever stock offering. The House of Representatives yesterday rubber stamped legislation allowing the sale of one-third of the national carrier, after the government on WednesdayAFP - 61 words
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69 1996-12-13 9 AFP [TOKYO] Japan aims to carry out drastic deregulation in distribution, telecoms and other basic industries by 2001 in a bid to cut high costs and boost international competitiveness, reports said yesterday. The final draft of the government's five-year economic structural reform plan also includesAFP - 69 words
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80 1996-12-13 9 Bloomberg Business News [SEOUL] South Korea's ruling party says it will seek parliamentary approval this month for an overhaul of labour laws that makes it easier for companies to fire workers. The New Korea Party will "do its best" to get approvalBloomberg Business News - 80 words
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74 1996-12-13 9 Bloomberg Business News [TOKYO] Average Japanese household spending fell 1.5 per cent in October, the fifth decline in the past seven months, ftielling concern that private consumption won't strengthen enough to lead the economic recovery. The Bank of Japan has said it will wait forBloomberg Business News - 74 words
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Article, Illustration368 1996-12-13 9 N Korea's options war, collapse or merger: CIA WASHINGTON Outgoing spy chief says outcome will be known in 2-3 years Reuter, AFP CIA Director John Deutch said on Wednesday that within three years North Korea would be headed for war with South Korea, collapse as a state or be onReuter,; AFP; REUTER - 368 words
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253 1996-12-13 9 CANBERRA Reuter AUSTRALIAN company chief executives feel the Liberal-Na-tional government has little understanding of their needs and is failing to provide the vision that it should, according to a poll released yesterday. The Business Review Weekly magazine's December quarter poll found onlyReuter - 253 words
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Page 9 Advertisements
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Advertisement339 1996-12-13 9 ENGIHEERtDIT JT(: j w What has a leaf to do with business? of a perfect environment. Groups of Afferent cells combining to create a vibrant organism. One whose I itotol efficiency for exceeds the sum of its components. In short the epitome of synergy. p r UInspired by Mother Nature,339 words
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THE WTO MINISTERIAL CONFERENCE
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Article, Illustration494 1996-12-13 10 REACTIONS, compiled by Bloomberg, to the world's leading traders agreeing to scrap tariffs on PCs and computer equipment, telecommunications products and other related items by 2000: 'This is extremely good news for the world economy. This is the biggest trade step forward since the completion of the494 words
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291 1996-12-13 10 Bloomberg Business News THE European Union and the US have agreed to scrap import tariffs for most liquor within five years. The move opens the door to increased exports for European liquor producers, like the UK's Guinness pic and France's Pernod Ricard, which dominateBloomberg Business News - 291 words
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352 1996-12-13 10 Instead there'll be an informal agreement to prepare next year for talks to start in 1999 AFP THE WTO conference is to make no mention of farm exporters' key agenda for further agricultural liberalisation in its final statement, a minister told reporters yesterday.AFP - 352 words
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592 1996-12-13 10 VIKRAM KHANNA - Contrary to appearances, Asia will win big through expanded IT trade and investment says TIERAH EHAVNA VIKRAM KHANNA AT FIRST sight, it may seem that the countries of the Quad group the US, Canada, the European Union and Japan will be592 words
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Article, Illustration548 1996-12-13 11 Siow Li Sen - Nations like Burundi, Niger, Zambia banking on WTO membership to open doors Ry\ Siow Li Sen FOR SOME of the poorest countries in the world, the WTO is a beacon of hope for their battered economies. Burundi, Niger and Zambia, for example, areERIC CHU - 548 words
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Article, Illustration284 1996-12-13 11 Larry Wee - Programme to benefit trainees from developing countries By- Larry Wee SINGAPORE and the WTO yesterday sealed an agreement to provide a joint tradeexpertise training programme for developing countries which are WTO members. Under the two-year joint training programme, Singapore and the WTOARTHUR LEE - 284 words
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432 1996-12-13 11 Larry Wee - Use of labour standards for protectionist purposes would be rejected Larry Wee TODAY'S WTO Ministerial Declaration will stress a renewed commitment to the observance of core labour standards and the International Labour Organisation (ILO) as the rightful body to deal with432 words
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Article, Illustration332 1996-12-13 11 Reuter. Bloomberg Business News CHINA charged yesterday that politics was holding up its application for entry to the WTO, and said it wanted to join as soon as possible, "The accession of the applicants to the WTO has been slowed down dueReuter.; Bloomberg Business News; ARTHUR LEE - 332 words
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SIDE Lines
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Article59 1996-12-13 11 AFP THE WTO yesterday decided to hold its second ministerial meeting in Geneva in 1998. A Japanese official said: "There was a consensus that the next meeting will take place in Geneva because of costs and convenience." The decision is scheduled to be endorsed formally by headsAFP - 59 words
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Article83 1996-12-13 11 Reuter WOMEN and their role in the world economy are being ignored by the WTO and should be on its agenda. Myriara Vander Stichele, a representative of a leading European action group, said yesterday: "Economic policy making has an impact on women, yet there is absolutelyReuter - 83 words
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79 1996-12-13 11 THIS has been a bad week for those who like their beauty sleep ministers, delegates and journalists alike. For Acting US Trade Representative Charlene Barshefsky, who has been at the centre of many a negotiation that has dragged on into the early hours,79 words
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Article86 1996-12-13 11 Reuter NEITHER trade barriers nor thousands of sea miles could stop an American mum sending her Navy son his favourite Christmas cookies all 320 kg of them. Andy Norton, a technician on a US destroyer, was overwhelmed yesterday when told his mother and a townfulReuter - 86 words
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Page 10 Advertisements
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Advertisement181 1996-12-13 10 FOR SUCCESSFULTRADE RELATIONS, YOU HAVE TO MOVE IN THE RIGHT CIRCLES. j jj&. Leaders will always move with leaders.Thats probably one "auto motor und sport", one of Europe's leading motoring And its spacious interior is appointed with sublime luxi reason why the BMW 728 i was chosen as the official181 words
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Advertisement89 1996-12-13 11 m. INS, I RCLES. I K -tut gl^^^^^^^^^^^^^^^^^^^MBBBBBBBMBWIBBMBMBBBWMMMMMMMi in rwfriiffi^iillwPB^^nr W*- jMifcLrSBHHBBW y- "%J«* ''flllfcr'ii/ gWjSg^MMMB»g^B<aiS5MMiSS2£^^^^' T J r r F*t- v-»R I fl o f e of Europe's leading motoring And its spacious interior is appointed with sublime luxury for those who expect nothing less than red carpet treatment.89 words
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THE WORLD
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Article, Illustration627 1996-12-13 12 Kevin Sullivan - etjkopeax view Awn+tini' two Bngn«h Premier Division clubs unveil flotation plans In a play tor more gold HU Kevin Sullivan The writer is a Spain based journalist who contributes to BT MORE people in Britain attend church services on Sunday mornings than football matches627 words
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453 1996-12-13 12 WASHINGTON Figure points to taming of inflation; rate rise unlikely Bloomberg Business News PRICES US consumers pay for goods and services rose in November at the same pace as the previous two months, further evidence that inflation remained tame,Bloomberg Business News - 453 words
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338 1996-12-13 12 NEW YORK Bloomberg Business News A COOLING economy next year may not be enough to prevent the Federal Reserve from raising bank borrowing rates next year, a panel of Wall Street's top economists said. The 11 economic advisers of the PublicBloomberg Business News - 338 words
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266 1996-12-13 12 WASHINGTON NYT IN his first major speech since the re-election. President Bill Clinton promised on Wednesday to "forge a coalition of the centre" in his second term, working to balance the federal budget, expand access to education, create new jobs for former welfare recipients andNYT - 266 words
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Page 12 Advertisements
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Advertisement35 1996-12-13 12 F.J Francesco smalto PARIS Marketed by EUT Marketing p Exclusively distributed at Singapore Metro, Robinsons. Takashimaya. Tangs Studio, Seiyu Kuala Lumpur Metro BP Tangs, Yaohan Mall Perang Super Dept Store Jakar a. iogo, ega asaraya35 words
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Advertisement11 1996-12-13 12 Bottomline: Fed could use Boskin report on US inflation, Pg 1511 words
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Page 13 Advertisements
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Advertisement99 1996-12-13 13 For years, the French have been putting the world's most advanced technology into space. Vfc i iS' wsS 3§S|™ A Perhaps it's time you do the same family. BF INDIVIDUAL LEATHER SEATS*REAR SIDE SUN BLINDS'ENGINE IMMOBILISER*ROOF RACKS*S REMOVABLE REAR SEATS*FOG LAMPS FRONT REAR*INFRA RED REMOTE CENTRAL LOCKING*PRE-TENSIONER SEAT BELTS*DRIVER'S AIRBAG*SPORTS99 words
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Advertisement41 1996-12-13 14 THE ONLY CONFERENCE PARTICIPANTS -9 WHO HAVEN'T iJg TAKEN A SINGLE |J® BREAK SINCE" iW MONDAY. Ioj fipf -.V 1 i§' !Ai« ■'•\p m if iV a tti iW v.H 1 1 i-jj 1\! W T j >* XT' t sv JT41 words
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EDITORIAL & OPINION
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Article, Illustration765 1996-12-13 15 Lee Boon Keng - THE BOTTOM LOVE OPINION By Lee Boon Keng The writer is a lecturer at the Nanyang Business School, NTU THE BOSKIN Commission reported on Dec 4 that the current way of measuring the consumer price index in the US overestimates the country's765 words
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Article128 1996-12-13 15 'What an exercise in fatuous triumphalism. Nobody could have accused us of being excessively modest, I do concede, when we were in government. But we never had the hide to walk into this parliament with such a mouse-like set of achievements and announce them as though we128 words
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Article604 1996-12-13 15 EDITORIAL THIS has not been an easy year for Indonesia Indonesians who took their political and economic stability for granted have received a sobering reality check. 1996 has brought the realisation that some serious soul-searching is in order. The dramatic events this year provided the opportunity for604 words
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Article, Illustration1118 1996-12-13 15 Salil Sarkar - France not only angered Daewoo by suspending the sale of Thomson, it created problems for itself By Salil Sarkar The writer is a Paris-based journalist who contributes to BT DAEWOO was outraged, but many French people were gleeful. The thought of Asians, barely out of the boondocks,1,118 words
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Article828 1996-12-13 15 US ran* from Asian challenge ASIA is increasingly our present and our future. If you're not convinced, take a look at the comprehensive study just out from University of Southern California's Southern California Studies Centre on the extraordinary dimensions of the increasing black economic dependency. Put828 words
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Page 15 Miscellaneous
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Miscellaneous60 1996-12-13 15 DOOMESBURY By Garry Trudeau BUT FIRST. IMANTTO Wf-m£LAPy\ A Queer/ONON f THANK you AMP TW- I UmEF&ATE, SO I'VE NEVER. 1 PIPNTACT poXXJAR- P "n™ hWHITeWAWR... J ATTORNEY GENERAL FOR I S6SN A PR£&PeMlN&fij\MJUsTSpyajßf fiesrHlM*\ 1 dACK.. APPOINTING ALL Those 1 ous legal trou8l&8&~ 1-1 group M wwwes k SPEOAL60 words
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FOCUS
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Article, Illustration1159 1996-12-13 16 Leon Hadar - Economists believe information technology and economic globalisation will lead to growing social unrest between the haves and have nots Prom Leon Hadar in Washington IN THE early 1990s Robert Reich, then a Harvard University professor who later served as President Clinton's Labor Secretary, suggestedFILE PHOTO - 1,159 words
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Page 16 Advertisements
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Advertisement125 1996-12-13 16 TO RECEIVE MORE INFORMATION PLEASE COMPLETE THE FORM BELOW OR ATTACH YOUR BUSINESS CARD I FAM i LY NAME FiRSTNAME I CORPORATE TITLE I COM PANY TYPE OF BUSI NESS ADDRESS I TEL FA* EMAIL H PLEASE RETURN TO CHRISTINE HESS, THE ECONOMIST CONFERENCES, HONG KONG I TEL (852) 2585125 words
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EXECUTIVE LIFESTYLE
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Article, Illustration787 1996-12-13 17 JULIE IOVINE - juxje xovntE checks out new ideas for toys at a Master of Fine Arts class JULIE IOVINE NYT THE lights burn brightly past midnight. Heads bend over tables as busy hands dab primary reds and blues on plastic airplane wings and stuff the limp limbs of goofy,NYT; FILE PHOTO - 787 words
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757 1996-12-13 17 Ong Wee Hock - SECOND Opinion By Ong Wee Hock THE recent TV show, Mom's Not Cooking, must have been dreamt up by women. The reality of the matter is that mothers all over the city have more or less stopped cooking. This is not a757 words
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Page 17 Advertisements
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Advertisement116 1996-12-13 17 ELECTRO-ACOUSTICS SYSTEMS PTE LTD CONGRATULATES THE GOVERNMENT OF SINGAPORE ON THE SUCCESSFUL HOSTING OF THE WORLD TRADE ORGANIZATION MINISTERIAL CONFERENCE A ministhiai mA V 1 mm conuiunci HRHfll "f "V-.. w i nJ jy mi Electro-Acoustics Systems Pte Ltd is proud to be the Sound Visual Systems Contractor of the116 words
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Page 18 Advertisements
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Advertisement90 1996-12-13 18 Promotion jjfl 9hj^ Jw I "M This celebrate Offermann's yiear, Dr Offermann, the great grandson of the founder, has specially produced a of Limited Edition Wallets handcrafted by master craftsmen and signed individually by himself. This Limited Edition will be an enduring tribute to the great Offermann heritage of fine90 words
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Page 19 Advertisements
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Advertisement458 1996-12-13 19 Where to wine, dine and entertain niiitiitiiiiiiriiTiilllll CANDLELIGHT Buffet Dinner x ;,t "v" )/'</< //< t r</// _(:W ,/</r//■</*// Can r e tempt you witli a golden carat? |fPIPPIPPIPPIPPIPIIMIMIMMIMIUIIIIIIIII II I! I |i j j! AMARA BALLROOM 1& 2 j 7.00 PM- 1.00 AM |j It's the season for merry-making458 words
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Advertisement242 1996-12-13 19 SINGAPORE BUSINESS Giving you the winning edge (Dragon (Palace Restaurant Tim Sum Buffet $12.80+++ ("Weekdays) $13.80+++ (Sat, Suit c£(PaSficTfofidays) "Wetays Sat 11 JOam to 2.Jopm, Jan SJOtm to 2Jopm (Executive Lunch Szecfwan e£ Cantonese (Vegetarian JlvaifaSfe) Tram $6.oo+++ per (fis ft (Weekdays oitfy) 'from 11.JOam to 2.30pm A Lb Carte242 words
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Advertisement135 1996-12-13 19 I■— BIGGEST Dian Xin Restaurant At The Neptune j on Shenton Way Pian Xin/Lunch l (/g\ j 7TH FLOOR. OVERSEAS UNION HOUSt: tOLLYEK QUAY. SINGAPORE *****1 fEL 224 3922 you* feefk i«*fo juccvJe»»<-/CV\oJc< lAS &<«? X«*ci\ *S T«K><rlo»«v T-&OH€, Sirloi* Or Ribeye for tf«dy 11.1 V! Or SMVOUr A t-MHtalistaj135 words
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Page 19 Miscellaneous
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Miscellaneous670 1996-12-13 19 TV&RAPIO PtaidWaU 5.00 Sell-A Visionfr). 6.00 See Saturday's Schedules. 12.00 NN News. pfT" 1 9.00 AM WTO Ministerial nm Muslimah. jfcV. Conference Brought To u.45 Bisness Hari Ini. Wz You Live On The WTO q.OO AM Dear Brother. 100 PM Friday Prayer. wMa, Channel. «-30 Zoo. 2.00 PentasJumaaL 7.00 *X670 words
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Miscellaneous167 1996-12-13 19 CRYPTIC CROSSWORD 31 altera to testa- l (9) 14 Negotiating a rise, vets appear YESTERDAY'S SOLUTION DOWN quite confident (9) 2 A twit backed up given his 15 Erica is always concerned for head? That's rough on one (6) the environment (9) 3 Garrulous individual, the air- 16 Skilled man167 words
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Page 20 Advertisements
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Advertisement26 1996-12-13 20 amiiMLJlldPlft -jfet :31^H v g9>BS— m ,^i^i^H feS^P^-* 'fi i .'•W'- jgjj^^H ■gjH^Bi t■ I; 11 Stf I|Bl I Q u s*J§-S 3-5 Q a £-?vp26 words
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COMPANIES & MARKETS
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Article, Illustration333 1996-12-13 21 Michelle Low - Company plans to build 120-nnit condo, with total investment amounting to $145 m By Michelle Low [SINGAPORE] Mainboardlisted Pacific Century Regional Development, controlled by Hongkong magnate Richard Li, has bought a piece of residential land in River Valley for $112.18 million, in333 words
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151 1996-12-13 21 [SINGAPORE] Econ International will use $35 million raised through its one-for-two rights issue to buy a property in Jakarta. The rights issue comes amid plans by its new controlling shareholders, an Indonesian company led by the Pribadi family, to invest at least US$255151 words
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Article, Illustration319 1996-12-13 21 Abdul Hadhi - By Abdul Hadhi [SINGAPORE] Hongkong listed Sum Cheong International, which has been suspended since Feb 1, expects to resume trading of its shares "very soon". The Singapore-based construction and mining company has also not given up on plans for a listing here, said itsFILE PHOTO - 319 words
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Article219 1996-12-13 21 Jenny Lam - By. Jenny Lam [SINGAPORE) Despite tough retail conditions, Isetan Singapore looks poised for a second consecutive profitable year now that it has posted interim group net earnings of $948,000 for the half-year ended Sep 30. Better results are expected for the second half of the219 words
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Article192 1996-12-13 21 [SINGAPORE] A consortium led by a Singapore Airlines (SIA) subsidiary has struck a US$l4O million (*****.6 million) deal to lease a Boeing 747-400 freighter aircraft to Asiana Airlines of South Korea. The 10-year lease will be administered by SlA's Singapore Aircraft Leasing Enterprise (Sale),192 words
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532 1996-12-13 21 Quak Hiang Whai - HOCK LOCK SIEW Quak Hiang Whai THERE is a Hongkonglisted stock with an atten-tion-grabbing name Road King Infrastructure. There's no mistaking what the company does. Listed on July 4 this year, it is controlled by Hong-kong-listed Wai Kee with a532 words
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399 1996-12-13 21 Move will reduce impact of further losses at Taiwan unit Bloomberg Business News [SINGAPORE] Jurong Engineering Ltd has cut its stake in Huge Corp (Pte) Ltd to 50 per cent from 51 per cent, reducing the potential impact on the Singaporean companyBloomberg Business News - 399 words
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REGIONAL COMPANIES
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Article331 1996-12-13 22 Shiv Taneja - Front-end charge reduced from 3% to 2% By\ Shiv Taneja [SINGAPORE] The Singapore Regional Index (SRI) Fund has drawn strong interest from investors, raising $118 million as at Tuesday. Of this amount, $60 million came from retail investors, said Singapore Consortium Investment Management331 words
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Article, Illustration333 1996-12-13 22 Annette Pau - By, Annette Pau [SINGAPORE] Wong's Circuits put up a relatively respectable showing in its trading debut yesterday, closing at 99.5 US cents, up 11.5 US cents a 13 per cent premium on its offer price of 88 US cents. Wong's the first US dollarSource: Bloomberg ALLAN - 333 words
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Article78 1996-12-13 22 AFX-Asia [KUALA LUMPUR] Malaysia is expected to establish an over-the-counter market early next year. Deputy Finance Minister Affifuddin Omar said in parliament. The Malaysian Business Times quoted Mr Affifuddin as saying the new trading facility is under review by the Securities Commission. "ThereAFX-Asia - 78 words
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287 1996-12-13 22 R Sivanithy - By] R Sivanithy [SINGAPORE] Indonesiancontrolled ABR Holdings, which took a 32.9 per cent stake in food manufacturer Consolidated Foods Australia (CFA), intends to increase this to at least 51 per cent as soon as possible. According to the287 words
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227 1996-12-13 22 [SINGAPORE) Kuala Lumpurlisted Promet Group said it might inject some of its businesses and assets into Ipco International in order to boost the Singapore company's overseas operations. However, in an offer document issued yesterday for all outstanding Ipco shares, Promet said227 words
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COMPANY Briefs
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43 1996-12-13 22 [SINGAPORE] Keppel Bank has obtained the Stock Exchange of Singapore's approval to place out 52 million new shares at $3.98 each. It has appointed Robert Flemming Co, JM Sassoon Co and Tsang Ong Stockbrokers as its placement agents.43 words
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56 1996-12-13 22 [SINGAPORE) Showpla Asia has acquired the remaining 35 per cent stake in its formerly 65 per cent-owned unit Sanyo Showpla Manufacturing Pte Ltd for $2.54 million. On completion of the deal, Sanyo Showpla will become the mainboard-listed company's manufacturing arm under a new name,56 words
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47 1996-12-13 22 [SINGAPORE] Mainboard-listed Alexandra Holdings has reported a 23.7 per cent drop in its interim earnings to $884,653 on a sharp 63.4 per cent plunge in turnover to $3.94 million for the period ended Sep 30,1996. There was an extraordinary gain of $111,894.47 words
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Article24 1996-12-13 22 [SINGAPORE] LAM Group Investments Ltd said the trading of its ordinary shares and warrants will resume from 9am today.24 words
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60 1996-12-13 22 (SINGAPORE] Rotary Engineering has struck a deal to subscribe for 60 per cent of the equity in Rotary Environmental Pte Ltd, which does work like tank cleaning, oil recovery and off-shore marine construction work. The stake amounts to 300,000 shares of $1 each. The60 words
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Article38 1996-12-13 22 [SINGAPORE] Singapore Technologies Shipbuilding Engineering Ltd has formed a new subsidiary, STSE Engineering Services Pte Ltd, which will be a contractor, developer and subcontractor of engineering and related works and provide turnkey engineering solutions.38 words
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139 1996-12-13 22 [SINGAPORE] Mainboardlisted Compact Metal Industries said yesterday it is spending about $25 million to build a new factory and corporate headquarters building in Tuas. The company is leasing a 17,000 sq m plot from Jurong Town Corporation on a 30year deal with139 words
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GLOBAL Briefs
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85 1996-12-13 23 NYT [WASHINGTON] MCI Communications Corp will close its electronic music retailing business 800-Music-Now on Dec 31, only weeks after winding down its much-touted marketplaceMCl online shopping venture in the face of poor sales. MCl's retreat is one of the most prominent yet among majorNYT - 85 words
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Article, Illustration54 1996-12-13 23 AFP [HANOI] A boy playing a video game at a display stand put up by Capcom, a Japanese electronic game maker, during an exhibition on foreign direct investment in Vietnam which opened yesterday in HanoL V ietnam has drawn some U5524.5 billion (5J34.3 billion) fromAFP - 54 words
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Article95 1996-12-13 23 NYT [NEW YORK] The New York Stock Exchange ticker, which shows each trade in Big Board Issues seconds after the trade is made, will now be made available to television programmes on a live, rather than a delayed, basis, exchange officials said onNYT - 95 words
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78 1996-12-13 23 Bloomberg Business News [NEW YORK] McGraw-Hill Co's chairman and chief executive Joseph Dionne said the company is considering selling its television stations. Mr Dionne said the company will "give thiBa very serious hard look and we will go from there". The company owns fourBloomberg Business News - 78 words
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401 1996-12-13 23 Anthony Rowley - Japan's long distance carrier KDD says current law forbids snch a move From Anthony Rowley in Tokyo SIGNS emerged yesterday that the Japanese government's plan to restructure Nippon Telegraph and Telephone (NTT) and to give the state-controlled domestic telecommunications giant an international role401 words
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297 1996-12-13 23 Industrial group raises stake in KorAm Bank to 17i% AFP [SEOUL] South Korea's Samsung Group has raised its stake in KorAm Bank to become the second biggest shareholder, in a move seen as a prelude to assuming control of the US-KoreanAFP - 297 words
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405 1996-12-13 23 French minister makes offer while announcing 2-part sale of Thomson AFP. Bloomberg Business News [PARIS] South Korea's Daewoo group may bid again to acquire Thomson Multimedia, French Finance Minister dean Arthuis said yesterday while announcing the government's decision to sell itsAFP.; Bloomberg Business News - 405 words
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285 1996-12-13 23 Al Labita - From. Al Labita in Manila A PHILIPPINE-LISTED unit of Malaysian tycoon Robert Kuok is acquiring the entire equity of Hongkong-based investment firm Gipsey Ltd under a stock swap, the company said yesterday. Kuok Philippines Properties Inc (KPPI) said in a report to the285 words
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INTERNATIONAL COMPANIES
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372 1996-12-13 24 Concerns about stumbling stock market affect investors'baying Bloomberg Business News [BOSTON] Individual investors are reducing their purchases of US stock mutual funds in the early days of December amid concerns about a stumbling stock market, fund companies and analysts say. An estimatedBloomberg Business News - 372 words
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278 1996-12-13 24 Official also says firm bringing costs down more than expected Reuter (SAN FRANCISCOI A top Intel Corp official said on Wednesday the company's chip factories were running at full tilt, a sign of strong demand for computers and otherReuter - 278 words
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201 1996-12-13 24 Bloomberg Business News [LONDON] Reuters Holdings pic, the world's largest financial information distributor, will cut 170 jobs at its Reuters America unit and may close a non-US news bureau and fire more workers in a global costcutting drive. Reuters said yesterdayBloomberg Business News - 201 words
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FINANCE & COMMODITIES
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Article, Illustration414 1996-12-13 25 New application to develop gold find must be made by joint venture firm Reuter [JAKARTA] A senior Indonesian mining official said yesterday Canada's Bre-X Minerals Ltd and Barrick Gold Corp must jointly submit applications for contracts of work to develop theReuter; Source: Bloomberg - 414 words
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344 1996-12-13 25 Buying of Alexander for US$L23b should see it overtake Marsh McLennan Bloomberg Business News (CHlCAGO] Aon Corp agreed to buy Alexander Alexander Services Inc for about US$l.23 billion (551.72 billion), creating one of the nation's largest insurance brokerage companies. The acquisition wouldBloomberg Business News - 344 words
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Article204 1996-12-13 25 Soh Tiang Keng - By\ Soh Tiang Keng [SINGAPORE] The Singapore based Asian Finance and Investment Corporation (AFIC) has raised US$35 million (Ss49 million) from the capital markets of Singapore and this region through a floating rate note (FRN). This FRN is the biggest offshore fund raising exercise this204 words
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287 1996-12-13 25 Bloomberg Business News [WASHINGTON] The top three US banking agencies are proposing that all bank employees who sell securities take broker licensing exams and have their disciplinary histories on file. The proposal would require these employees to register with the National Association ofBloomberg Business News - 287 words
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Article185 1996-12-13 25 Bloomberg Business News [NEW YORK] JP Morgan Co said it will buy back as much as US$75O million (551.04 billion) of its stock and raise its quarterly dividend, two moves companies use to boost their stock price. The nation's fourth-largest bank raised the quarterlyBloomberg Business News - 185 words
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253 1996-12-13 25 Bank Austria board okays plan to boy 70% of Creditanstalt Bloomberg Business News [VIENNA] Bank Austria AG, Austria's biggest bank, said its supervisory board approved a plan to bid for the government's 70 per cent voting stake in rival Creditan-stalt-BankvereinBloomberg Business News - 253 words
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503 1996-12-13 26 Company plans to begin work on deep-water oil, gas projects in Golf of Mexico before 2001 FT [NEW ORLEANS] Shell Oil, the US arm of the Anglo-Dutch petroleum group, has lined up nine deep-water oil and gas projects in the GulfFT - 503 words
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Article242 1996-12-13 26 SSMEXReport Reuter [SINGAPORE) Simex Euroyen futures made a comeback in late trade yesterday as players covered their positions after an early sell-off fuelled by a Japanese rate hike fear. The market made a weak start on a Nikkei Financial Weekly report. quoting a Bank ofReuter - 242 words
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Article164 1996-12-13 26 Reuter, AFP liQimloii THE dollar got a firm foothold above 1.54 marks and 113 yen as stock and bond markets steadied after a bout of profittaking and as European Union leaders moved closer to agreement on a budgetary stability pact this weekend. EU leaders said yesterday they wereReuter,; AFP - 164 words
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312 1996-12-13 26 ENERGY REPORT Reuter [TOKYO] Crude oil prices in Asia inched up yesterday after plunging overnight, but prices were likely to remain under pressure from a combination of bearish factors. Traders said the Iraqi deal, weak oil product futures, forecasts for mild weather in theReuter - 312 words
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Article, Illustration1452 1996-12-13 26 DtTERBAME CROSS RATES Dec is A$ C$ »w> ECU Ffr Dw HK$ hid t« Yw Wow M$MZ$NfctsN» SS land Sfr WT$ Balrt Powd US$ Australia 1.079 6.178 0.634 jlW 1??4 .Al4fl 10.677 0.896 6.711 2j003 U36 31.*****.865 IM 3.720 1044 21.825 20.278 0.482 0.794 Canada 0.926 6.119 0.589 WWlflMm 17.3021,452 words
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Article1895 1996-12-13 27 i-iirn hi-niiri""- i 1 Dec 12 RUBBER (futures closing ts «t 5 30pm RSS1 CONTRACTS cwts/tiq) Month High Close Low Sett Volume (tonnes) Open Interest Jan 97 Feb 97 Mar 97 Apr/Jun 97 Jul/S«p 97 Oct/Det 97 176.50 180.00 183.00 186.25 176.50 176.25 179.25 179.50 183.00 182.75 185.501,895 words
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Article2330 1996-12-13 27 LONDON Mistrials Dec12 Nnct AB Ports 267.400 unch AbDey National 706.200 I Allied Oomecq 425 -1 Amec 90 *.600 Asaa Group 121.200 1.800 BAT Ind 491.600 5.600 BICC 266.400 -1 80C Group 893.600 -1.800 BR Petroleum 663.200 -8.200 8TR 253.600 -.400 Bant of Scotland 294 6 Barclays2,330 words
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Article1650 1996-12-13 27 Reuter Q Nikkei 22S -®7J8 STOCKS ended feebly yesterday but well off their lows as cautious participants waited for the December futures and options settlement due today. Brokers said Wall Street's sharp sell-off overnight dampened sentiment. The 225-share Nikkei Average closed at 20,501.20, down 67.18 points. Its December futuresReuter - 1,650 words
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Article, Illustration1608 1996-12-13 28 AFX-Asia -ma SHARE prices closed lower yesterday in a correction triggered by the fall on Wall Street overnight, giving investors an excuse to take profit. Dealers said the market will be subject to jitters caused by a volatile US market in the near term as trading becomes quiet aheadAFX-Asia - 1,608 words
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Article, Illustration677 1996-12-13 28 Reuter n Shenzhen B Index -11.33 THE Shenzhen B market fell sharply yesterday as a result of a new crackdown by securities authorities on mainland Chinese buying B shares. The B Index fell 11.23 points, or 6 per cent, to 175.22 on turnover of HK5395.77 million, compared with Wednesday'sReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 677 words
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Article387 1996-12-13 28 AFP QwPlnfex +2238 SHARE prices finished higher yesterday, boosted by good performances by heavyweight issues, analysts said. "In view of easing selling pressure in the market, some investors bought blue-chips in late trading," said a trader. The TSE Weighted Price Index advanced 22.88 points to 6,825.62. Turnover was 1.61AFP - 387 words
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Article261 1996-12-13 28 Bloomberg Business News n Wellington *M STOCKS declined yesterday amid concern that prices of pulp and paper would fall further before they recovered. The NZSE-40 Capital Index fell 15.01 points to 2,362.52. Ik 12 ss rtm AN2B*nmrvj 9.00 -0.20 7638 Advantages hmqs US MOOO Air Ne« 2••land (A) 2.70Bloomberg Business News - 261 words
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Article, Illustration833 1996-12-13 28 AFP □set Ma -lan STOCKS fell yesterday, shaken by Wall Street's sharp drop overnight and concerns over the local economy. Dealers said the market was also dampened by a lack of confidence in a new government economic policy, announced on Wednesday, which stressed fiscal discipline. The SET Index lostAFP - 833 words
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Article406 1996-12-13 28 AFP PCmpoatolidex -1530 SHARE prices tumbled 2.2 per cent yesterday, with investors increasingly pessimistic about the possibility of government intervention to boost the bourse, brokers said. "Investors went on a selling spree as the government showed no signs of taking market-boosting actions proposed by the ruling party," said anAFP - 406 words
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Article610 1996-12-13 28 AFP □AHOrtmaricj -117 STOCKS yesterday followed Wall Street's lead, slumping 0.8 per cent just one day after an official rate cut that normally would have sustained share prices. "You'd expect a rate cut to give the market strength, but I guess we just couldn't ignore the Dow's drop," aAFP - 610 words
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Article, Illustration751 1996-12-13 28 AFP WOmpnateMg +L 33 STOCKS closed higher yesterday on gains by Telkom, while the broader market weakened in line with declines in regional markets and Wall Street's overnight losses. The JSE Composite Index rose 1.33 points to 627.90. Turnover was 220.9 million shares worth 481.5 billion rupiah. Telkom roseAFP - 751 words
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Article283 1996-12-13 28 AFP Q Manila -3L66 SHARE prices closed down yesterday reflecting a sharp drop on Wall Street. The PSE Composite Index fell 31.65 points to 3,129.11. Turnover was 6.706 billion shares worth 2.529 billion pesos. PLDT rose five pesos to 1,545. Manila Electric Co A shares fell four pesos toAFP - 283 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration8311 1996-12-13 29 Bloomberg Business News I Composite Index -4.70 STOCKS dropped for a second day yesterday after US stocks declined on worries interest rates may rise. "Investors are being cautious over (Alan) Greenspan's remarks on US inflation last week." said an analyst. "The market has had aBloomberg Business News - 8,311 words
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WARRANTS & OPTIONS
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Article3778 1996-12-13 30 R Sivanithy - WARRANT WATCH -/ft/I R Sivanithy MALAYSIAN telecommunications firm Time Engineering has taken a bit of a beating lately, especially after the Renong-controlled owned firm reported disappointing interim earnings. This, however, automatically means that Time's warrants deserve a second look and when we do, we find that3,778 words
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Article2404 1996-12-13 30 MALAYSIAN STOCKS Gr Or ItM Last Val Day Last Ouata Dlv Mir VM Nat M Cap Ht0i Laar Stna Cmm+mr, SaH COOP) Law Buyar Cw P/C 51 625 360 ms 5000 AIS850C 378 Id «6 1 378 378 378 MO 5* 4.9 04 HJ 387.7 t19 84 ms2,404 words
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STOCK EXCHANGE OF SINGAPORE
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Article1692 1996-12-13 31 TURNOVER COOO) VALUE COOO) Main CtO* Trtal Ck* Total Industrial 28.148 8.472 34.620 86.681 14,830 '01.5'J Finance 3,964 1.736 5.700 49,021 5.484 54,505 Hotels 666 202 868 1.942 306 2-248 Propartias 6,031 2,583 8.614 35.912 2.874 Plantation 533 533 UJ* Mtnma 146 146 355 355 81W 5.090 2.52a 7.618 1.6131,692 words
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Article4889 1996-12-13 31 Gr Gr M Wt 199a Lost vol Day Lilt Oust* Dlv Dlv VM Net Cap A»g Mign Low StNo Company Solo COOO) Ml* t»» Buyer Sailor C »r P/t $mN Prtco INDUSTRIALS 5146 ASENT$***** US- 1000 900 ASFUSSO.***** US900 90 0 2)4 165 1258 Acer 50c US177 *24,889 words
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Article1070 1996-12-13 31 61 Or M Wt 1996 Lait Vol Day Last Ouata Div Div YH Nat Cl» An HH> It MO Ct M I 0001 Nm> Low Bu*«' Mar Or W mci SESOAQ 289 135 a 2000 ABR MIOqj 5c. 166 165 170 3.0 14.2 0.1 103.8 73.8 172 146 681,070 words
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Article, Illustration51 1996-12-13 32 Shiv Taneja - o u -by! Shiv Taneja BERJAYA INDUSTRIAL is likely to see more downside in the days ahead. Yesterday, it closed seven cents lower at $1.13 on a volume of 1.9 million shares. Weekly RSI is overbought and the directional indicators are toppish. There is support at around $1.51 words
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Article, Illustration845 1996-12-13 32 R Sivanithy - STOCK MARKET COMMENTARY But dealers say that despite the worry, periodic bursts of baying throughout the day helped cushion the fall in bine chips here and in Malaysia By R Sivanithy [SINGAPORE] Local shares took another Wall Street-related hit yesterday, after845 words
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ON THE GRAPEVINE
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Article141 1996-12-13 32 ONCE again, property tycoon Ng Teng Fong has lived up to his reputation as the most aggressive buyer of land in Hongkong. In the latest land auction on Wednesday, Mr Ng's Hongkong-listed Sino Land outbid seven developers, including Li Ka-shing's Cheung Kong Holdings, to141 words
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Article64 1996-12-13 32 BRITISH TELECOM is offering British television viewers the chance to watch future episodes of soap operas, so they will know what happens after the current episode. Viewers have to pay extra for this service, which comes over the Internet. Despite the extra fee, the response64 words
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Article71 1996-12-13 32 OCCUPANTS of a certain high-rise building in the vicinity of Suntec City have been advised by the building's management not to linger at the windows. According to one little bird, the property's management fear that window-lingerers may be mistaken for having ill intentions, and draw71 words
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98 1996-12-13 32 A NEW monthly publication dubbed "a magazine of bankers, by bankers, for bankers" is hitting the streets today. The Asian Banker Journal is published by TAB International Pte Ltd, which was set up in September. Talk has it that the project is being bank-rolled98 words
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Article127 1996-12-13 32 THE most important but least understood aspect of growth is technology, according to a report by Emerging Markets Analyst. The ingredients of technology are largely qualitative and hence difficult to measure and analyse. Economists, therefore, label technology's impact on growth as "total factor productivity" or more127 words
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Advertisement17 1996-12-13 21 Season s Gr e e ting s. BB| jHB, Jf. HI v >i -w- '< ml C;s '-tfm17 words
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Advertisement44 1996-12-13 22 ftfflMHlPMl J > f f: S? 11 v% grs f s A > f v > Vv 'V ">• K Br. k .Jfl A M jm v MM J. f v"■ s y x the paragon takashimaya dept. store raffles hotel arcade Hilton shopping gallery sogo raffle* city44 words
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Advertisement77 1996-12-13 22 I The BREITLING Exhibition NJtVITIMER CHRONOLINER BE# m Wmmmm HBVUUniUP (PR@efissi©K!A(L iH MM BSS iSSs I Presenting the full collection of exquisite timepieces from BREITLING. Exclusively at the new Cortina Watch Centre 9 Raffles Boulevard, #01-63/64, Millenia Walk. Only from December 12th 15th. Cortina Watch Centre Home To The World's77 words
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Advertisement29 1996-12-13 23 ija A writing instrument jma jjjj with timeless elegance. 118 fml Distributed by: Malaysia Singapore Tel: 02- 07-237 1711 Tel: 289 7843 Fax: 02- 07-237 3966 Fax: 289 879229 words
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Advertisement101 1996-12-13 23 We've made quite a few improvements to our new Qantas Business Class cabin, offering you more individually-tailored comfort There is an extra 10" of leg room, creating 50" between rows, plus new adjustable "winged" head rests, extra lumbar and padded leg supports. Combine that with the first class style of101 words
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Advertisement319 1996-12-13 24 Have you ever wondered why there is such a high turnover in your Accounts Department? Make a qualified person do drudgery. Make him do duplication all day long. Make him camp in at month ends. Nights out at year end. Also expect him to perform miracles. And what do you319 words
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Advertisement58 1996-12-13 24 Welcomes WTO Delegates Serviced Offices and Worestations for short term letting at attractive rates next to Suntec City Maximus Singapore Seminar Series 1997 for Level I and II CFA® Candidates For a comprehensive revision programme Call: 65-*****30 or 65-*****31 A.B. MAXIMUS d CO., PTE LTD CFA is a registered service58 words
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Advertisement323 1996-12-13 25 H Meet Suliman Hamid of H tc H sut before you spend your Efl Ej| Hassan's Carpets. |1 Pi first hundred (yes, prices start C|h 6a His expertise isn't measured h floored bu Ill's H from around $100), he might j| g gH in years. It's measured in Fl Q323 words
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Page 26 Advertisements
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Advertisement238 1996-12-13 26 *>» <> B A V i Bvlgari-Bvlgari earrings and bracelet in 18 kt gold with rhodonite, agate and black onyx. B V LG A R I Bangkok Singapore Kuala Lumpur Jakarta Grand Hyatt Erawan Hilton International Shangri-La Hotel Grand Hyatt 254 6325 737 1652 201 8919 326 661 Roma Milano238 words
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Advertisement52 1996-12-13 28 Hjy 150 YEARS OF HISTORY AND ROMANCE i J 111 ,jjH M Millenia Walk, #01-22/23, 9 Raffles Boulevard. Tel: 339 0183 y'<J«wi»vOß J :s|| 3w&»*'- Ngee Ann City, Tower B, #01-11, 391 Orchard Road. Tel: 734 2427 i Jlf If Hilton International, #01 -04, The Shopping Gallery, 581 Orchard Road.52 words
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Page 29 Advertisements
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Advertisement28 1996-12-13 29 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.28 words
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Advertisement87 1996-12-13 29 T HE LOVE BOA V Let your imagination go and Princess will take you there. SUMMER 1997 ALASKA FLY-CRUISE HOLIDAYS (MAY SEP 97) From $354% valid till 14 Feb 97 SUMMER 1997 EUROPE FLY-CRUISE HOLIDAYS (MAY SEP 97) From $6628 valid till 14 Feb 97 I— I.J.J. WIN rER/SPRING %/9~87 words
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Page 30 Advertisements
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Advertisement17 1996-12-13 30 m \fe\ sinc ..\i >< >i ;ill.\ni )ic i<.\\ 'i s Master In Oriental Charm. V r: v';;'':17 words
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Advertisement73 1996-12-13 30 US mirnxz P SINGAPORE HANDICRAFTS MAM SHOWROOM 72 Eunae Avenue 7, Singapore Handterafts Building. Singapore *****0. Mon-Sat: 10am 6.30pm. Sun A Public Holiday: 2pm 6pm MM SHOWROOM #02-182 IMM Building. 2 Jurong East St. 21. Singapore *****1. Open DaMy: 12noon 9pm THE FURNTTURE MALL SHOWROOM: #01 -23/24 The Plaza, Beach73 words
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Page 31 Advertisements
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Advertisement6 1996-12-13 31 I -86/87/88 ORCHARD ROAD EASTERN WAT6 words
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Advertisement22 1996-12-13 31 FOUND SOMETHING? Locate its owner through Classification 821 (Found). t Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service22 words
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Page 32 Advertisements
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Advertisement127 1996-12-13 32 THE STRAITS TIMES CLASSIFIED EMPLOYMENT J* YOUR CAREER GUIDE HOO-TV-HM Sim Watch SKYTUTOR K&2 enrich your child's learning hiLmJ with: HE39HH .k ,r s T The creator of the jBMiK 1 successfiHSKYTEACH THINKTANK and more ttcw lf P SJ-E r? no Cl/VTI sK j|\| your 24 hour cybertutor \o< V,127 words
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SHIPPING TIMES
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Article287 1996-12-13 33 Bridge News Reuter AFTER Tuesday's technical shake out and such a severe fall Biffex regained its composure and steadied itself, Clarkson Wolff said in its daily report on Wednesday. Early optimism gave bulls the incentive to push values higher. Little initial trade was seen as sellers soon backedBridge News; Reuter - 287 words
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Article309 1996-12-13 33 sa *ooo 1KB *h W CWT Distribution—US unch 2 ChuanHup 0.91 -0.015 301 cotco HNMlfflMl —1.47 *0.01 32 FELS 6.65 -0J0 419 rrotdMUnto 0.64 -0.01 26 G8 Holdings 0.89 *0.005 21 Hal Sun Hup 0.99 "0.005 131 HttacM 2oson 0.805 *0.005 60 Jayo Holdings 1.01 unch 13 Jurong309 words
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424 1996-12-13 33 Yong Mei Fong - PSA's 9.6 m TEUs handled still below that of Hongkong's 9.8 m TEUs By' Yong Mei Fong [SINGAPORE] Singapore handled a total of 9.6 million 20foot equivalent units (TEUs) of containers in the first nine months of this year, up 9.4424 words
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Article, Illustration195 1996-12-13 33 Bernama [COPENHAGEN] Danish shipbuilding and shipping group J Lauritzen has sold a 48 per cent shareholding in its Danyard A/S shipyard unit for US$lOO million (Ssl4o million) to Malaysia's Penang Shipbuilding Construction (PSC). It said that a letter of intent wasBernama; FILE PHOTO - 195 words
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173 1996-12-13 33 Journal of Commerce (OTTAWA) The crew of four Canadian ships who got tired of waiting for pilots that never showed caused an uproar when they took matters into their own hands, navigating the St Lawrence River themselves. The recent action revived theJournal of Commerce - 173 words
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683 1996-12-13 33 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar THE English Court of Appeal has upheld a lower court's finding that a vessel belonged to the Ukrainian government although the ship had been listed in the Lloyd's Register as belonging to a Ukrainian company.683 words
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272 1996-12-13 33 Felix Chan - J&p&nese line leasing 100 slots on HUH's trans-Pacific service By] Felix Chan [SINGAPORE] Two major carriers, Japan's Nippon Yusen Kaisha Line (NYK) and Korea's Hyundai Merchant Marine (HMM), have entered into a space-charter agreement on the trans-Pacific route. The lines confirmed the deal when272 words
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217 1996-12-13 33 Business Line [CHENNAI] The Tamil Nadu government is examining the possibility of setting up a shipbreaking and ship repair facility near Chennai with private sector participation. The government sees plenty of scope for an advanced shipbreaking facility near Chennai which will feed theBusiness Line - 217 words
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Article133 1996-12-13 33 AFX-Asia [TAIPEI] China Steel Corp unit China Steel Express Corp (CSE) and Taiwan's number two shipping line, Yang Ming Marine Transport Corp, plan to set up a joint venture in the bulk shipping business. Currently. CSE was using Yang Ming Marine and Taiwan Navigation Co LtdAFX-Asia - 133 words
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178 1996-12-13 33 [ROTTERDAM] The port of Rotterdam is looking into the economic possibilities of underground storage terminals which would offer an attractive solution to space problems at the harbour area. With the construction of subterranean terminals, the port of Rotterdam wants to gain space above ground178 words
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Article, Illustration922 1996-12-13 34 AUSTRAT.TAN-OWNEP FLEET: NUMBERS DWINDLING |;With Canberra intent on introducing competition into domestic shipping, international competition codes and work practices are starting to infiltrate the market leading to changes in the owning and operation of vessels Fairplay THERE are only 68 trading ships in the AustralianflaggedFairplay - 922 words
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441 1996-12-13 34 PAGE Ethiopian 6 AEIOcean 16 EuroHansa 6 AEL 14 E*wgreen 6 AFTShpg 14 Fl-Bright 9 AML 3 15 Abte 16 Famous 7 Accord 8 Farwide 14 Ahrenluel 4 FoongSun 6 Appenship 4 Frota 8 Astro 3 Frt Links 13 Austral 9 frt World441 words
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Article10600 1996-12-13 42 EXPORT CTA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser V#M* Voyage Telephone SIN Desrn N«m* Nona Number Number SIN Oest'n Nam* Wmw Number Number WMMMNMMRMMMMHBManMnMMmWMMMNMaMHMMMMnMl RMtnMMnMMWIMi i IMNMMIMI WWRMMMMMMMMMMMMMMMMRMMMMM M/B 20/12 I SUM MCC VANTAGE V.M0I *9-*****97 A M/B 20/12 MCC MCC VANTAGE MX 45 *****00 IS/1210,600 words
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SHIPS IN PORT
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Article594 1996-12-13 49 Voy No Barth Arrival Dapartura_ tfKff 01* J14 alongside 1512/WOO fitis Oc V9608 J02 alongside 1212/1230 fed Eipress 37 J19 alongside 14.12/0600 Won 12/96 Jt8 alongside 1212/2100 R*jun*IJ2 *****6 J01 alongside 12.12/2300 *****6 J01 alongside 1212/0700 *****6 J01 alongside 12.12/0200 ffTTl-t ***** J01 alongside 12.12/1800 MMV 12/96 J01594 words
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Article1784 1996-12-13 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Ritls Ship Voy No Etb/Btr Period From To From *CI mv M 14/1,00 U 12/1500 12/1659 12/1900 II 12/1500 12/1659 12/1900 2* 12/1700 U/0659 13/0*0 U/1200 U/1459 U/1700 *c«Swn S/0700 M 12/1500 12/1659 12/1*0 12/1500 12/1659 12/1*0 2* 12/17001,784 words
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Article223 1996-12-13 49 DM 13 Malta: Republic Day. DecM Czech Republic Stock market closed until January 7, 1996 inclusive for Christmas/New Year. Bangladesh: Victory Day. Bahrain: National Day. South Africa Day of Reconciliation. Dec 23 Japan Emperor Akihito's Birthday. Deo 24 Austria, Czech Republic, Denmark, Finland, Slovakia, Sweden: Christmas Eve. Germany:223 words
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Article879 1996-12-13 49 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sued stem Market movements are indicated The Cockett Bunker Price Index change and the individual879 words
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Article588 1996-12-13 49 Carbon 180 Mm 990.0 17 14.5 0.10 64 0.00 Dec S Dmltf Water htldM Ask Aluminium Solnirt No abow £25 0 2 0 0 0 0 %M/M 380 Aw 985.0 0J 13.6 0.07 33 0.00 Una 380 MM 996.3 1.2 17.9 0.12 64 0.00 KAtM +*n588 words
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AIR & LAND TRANSPORT NEWS
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389 1996-12-13 50 Cooperation expected to boost earnings of Volvo Aero and MTU Mnenchen Bloomberg Business News [TROLLHAETTAN, Sweden) Volvo Aero AB and DaimlerBenz Aerospace's MTU Muenchen will enter a project to coordinate technology and product development on low pressure turbines for civilianBloomberg Business News - 389 words
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Article, Illustration53 1996-12-13 50 [KABUL] An Afghan pilot of state-owned Ariana Afghan Airlines standing next to his 40-year-old Boeing 727 at Kabul airport. The national airline, which has been battered by 17 years of war and reduced to a fleet of just five ageing planes, is attempting to rebuild itsREUTER - 53 words
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277 1996-12-13 50 [BUENOS AIRES] A congressional committee has reached agreement on the sale of Argentina's 59 airports. According to state news agency Telam, the modifications to the legislation after the Senate asked for change to the initial proposal paves the way for the passage of277 words
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320 1996-12-13 50 BERNAMA [SHAH ALAM] Associated Motor Industries (M) Sdn Bhd (AMI), the vehicle assembly arm of the Tractors Malaysia group, will shift its heavy commercial truck and bus assembly operations to its new plant in Port Klang in January nextBERNAMA - 320 words
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269 1996-12-13 50 Korean car maker aims to expand market share to 10% AFP [SEOUL] South Korea's largest car maker, Hyundai Motor Co, said it would launch a new "Asia Unique Model" with an ambitious goal of broadening its overall market share in Asia toAFP - 269 words
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188 1996-12-13 50 AFN-Asia [ARLINGTON] USAir Group Inc called on British Airways pic to give up its three representative seats on the USAir board, and its equity stake of just under 25 per cent in the airline, as a condition of obtaining antitrust immunity for itsAFN-Asia - 188 words
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203 1996-12-13 50 Bloomberg Business News [SEOUL] South Korea's Asiana Airlines said it will buy as many as 53 planes from Boeing Co and Airbus Industries over the next 10 years as part of its plan to more than double its fleet. AnBloomberg Business News - 203 words
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LOG Book
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91 1996-12-13 50 Reuter [BRUSSELS] European airports in 1995 generated US$l5.B billion (5522.1 million) in revenues and reinvested 30 per cent of that or US$4 .8 billion in building facilities, the European section of the Airports Council International said on Wednesday. In 1995, revenue grew by 9.8Reuter - 91 words
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81 1996-12-13 50 AFP [SEATTLE) US aircraft manufacturer Boeing Co on Wednesday said it had won a contract worth US$4B6 million (*****.4 million) to supply 10 of its 737 aircraft to Jet Airways of India. The order is for six of Boeing's "next generation" 737-800 and fourAFP - 81 words
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83 1996-12-13 50 Bridge News [CANBERRA] Australia and Indonesia will meet in early 1997 to further develop commitments made for air services in eastern Indonesia and northern Australia and to review present bilateral air services arrangements, Transport Minister John Sharp said yesterday. "New arrangements are required soBridge News - 83 words
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81 1996-12-13 50 Reuter [SEOUL] South Korea's Kia Group said yesterday it has targeted group sales next year at 14.1 trillion won (5523.4 billion), up 17.5 per cent from an estimated 12 trillion won for calendar 1996. Kia Motors Corp, one of South Korea's three largest carReuter - 81 words
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375 1996-12-13 50 Construction of line expected to start inmid-'9B Reuter [HONGKONG] The Hongkong government said it would move forward with the domestic passenger line of its proposed Western Corridor Railway first, leaving the cross-border and freight lines to a later date. SecretaryReuter - 375 words
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Article1786 1996-12-13 50 OTY rUGHT ETA FII6HT CTD Abu Dhabi BY621 0355 H"** V745 1255 VN744 1355 lifrfttN $0229 2220 VN741 1310 VN74 MK) Amtarta. S0327 0820 W044 W I£K 22 22 KL837 1540 KL838 2335 11,895 2,45 Ml8% 1820 0L26 2355 Hrttttt AY37 W50 AY38 2135 S026 23551,786 words
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Page 33 Advertisements
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Advertisement13 1996-12-13 33 Aussie shipowners feel winds of change Number of Aussie-owned vessels dwindling. Page 213 words
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Advertisement166 1996-12-13 33 Volvo and Daimler units to team up on engine project Earnings of 2 firms expected to be boosted. Back Pa*e SOUTH ASIA RATE AGREEMENT (SARA) NOTICE TO TRADE FAR EAST/SOUTH ASIA RATE RESTORATION OF USDSO PER TEU In view of escalating operating costs and deteriorating freight rates, the undermentioned Shipping166 words
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Page 34 Advertisements
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Advertisement165 1996-12-13 34 NYK LINE 1993 (S) PTE LTD MALAYSIA INDONESIA NYK (Mi SON BHD P 1 PC lAYARAN PUSAKA AJIBA»U fIK AX ?9??BS6iMMGI ?93/109lOPSi MJAIA I UMPUH 0> 03 *****66 I/ I INC Si JAKARiA JTW Jm. MWkLINE *****8b iDQCUMCNTAIIONi PORTKCIANG 0? 03 *****15 lb lINCS> SURAHAVA (031|33b661 *****7 NIPPON YUSEN KAISHA165 words
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Advertisement15 1996-12-13 34 HO CHI MIHH TEL: *****26 FAX: *****27 LENNON As Aa*flts: LAS AIR CARGO PTE LTD15 words
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Advertisement7 1996-12-13 34 Singapore Business Giving you the winning edge7 words
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Advertisement187 1996-12-13 34 lines services representee kmGmSI Members <* R®9«<fy of Accredited Shipping Agents. Spore.typnpeM. Shipping Asso 4Hs Singapore Freight Forwarders Association. ttOAMN sailing schedules Place an ad in... Shipping Times Just talk to us... Iris Lim 740-2044 Tan Up Chuan 740-1645 «Jarrod Leong 740-2089 Philip Koh 740-2382 el f/ TSKLINE AGENCIES |S)187 words
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Page 35 Advertisements
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Advertisement1081 1996-12-13 35 EXPORT TO: TO: JEPPAH/UK/CONTINENT IVESSiI VOY SM J® R'DAM H'BUIG I'HAVEN SION LEH AISO ACCEPTING CARGO FOB: Aft INOONISIA 3506 20/12 10/01 09/01 04/01 07/01 GLASGIOW, GRANGEMOUTH OOQHOfI 5504 20/12 09/01 07/01 11/01 AND 50UTHSHIELDS TYK ISO* 20/12 05/01 07/01 10/01 11/01 Vy« c/irl HtDUOYD AIttHKA 55U 20/12 10/01 14/011,081 words
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Advertisement2128 1996-12-13 35 HANJ1N SHIPPING USA CANADA* unehair/vot m sw si* poi nw top cn on oa wt iw «i ws I m w tvr m wa rrc h. bizawih 0231 u/12 w/n w/»i n/01 lo/oi 12/01 12/01 14/qi n/01 14/01 is/01 14/01 ""u/oT 17/01 Is/oT n/oT" ls7oi~ n/oi lyoT il/oi" Kotamnu »/n2,128 words
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Advertisement99 1996-12-13 35 rv&w) ORIENT EXPRESS UNES (U.K.) LIMITED;* '■gjy r i. (MANAGER FOR SHREYAS SHIPPING LIMITED) (BOMBAY) SHUTTLE,.. vot awwg wwmy vtssn votlwwSr SINGWO«I NORDKAP 404 20/12 27/12 NORDKAP 403 12/12 20/17 IEEROftT 911 26/12 02/01 LEERORT 910 18/12 26/12SINAR TOBA 205 04/01 11/01 SINAR TOBA 204 27/112 04/01* NORDKAP 405 11/0199 words
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Page 36 Advertisements
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Advertisement1324 1996-12-13 36 <*T DSR-SENATOR f ill Round the World Container Services ttSSa VOY ST HTM MtV I HAM |FU IoWT LHA 1 ttSSft VOY LMA HTM B*V I HAM FU AWT M I CMftTMtB QMNCf Wf7tl 13.12 M.II MOl MOl Mil M.Ol H»1 CHOYANG PARK fHBI 17.11 I*ll 1111 *1.11 2211 M.ll1,324 words
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Advertisement1301 1996-12-13 36 NORASIA VESSEL VOV I"SN PKL QOA LAS BCL VAL ALO ROT ANT FEL LNA MSC JASMINE WM W2 12/12 2SH2 SI/12 2«U Ml Ml RH Ml Ml M NORKEL IVI2 IMI Mi 9451 12*1 IMI *91 IMI W NOR SHANGHAI 9969-3 25/12 2V12 IMI 15*1 11/ VI 1«ffl 29*1 18*11,301 words
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Advertisement47 1996-12-13 36 VESSEL VOY SIN JKT SCNTOSA JAYA 4MS 14/12 10/12 SCNANQ JAYA 382SM 17/12 19/12 BOTH VESSELS BERTH AT "Wf AND *UTC 2" ALSO ACCEPTING CARGOES TO UTC 1 AND BANDUNG OFFERING OPEN-TOP SERVICE TO AND FROM JAKARTA JAKARTA AGENT PT. SCNTOSA OCEAN UNC TEL: *****54 FAX; *****2947 words
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Advertisement192 1996-12-13 36 I SOUTHERN LINE I NllllMlll.il Ml <.11.11,0/1,,,,, I MUM I Pi \wm 1 (icmral I sol Nil UN /111 w II sp 11 in, HI \||M»II Koud #2'>-l I lllk ril.lliuu.il I»|;i/;i Spun III: ~.»S SSS'I I ,i\: 223 "(<(•<> 11\: R\ s(,\ll $1 I jE^2jojsuH7Fl i MtSBESM Vessel Voynqe192 words
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Page 37 Advertisements
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Advertisement530 1996-12-13 37 |C!JM MCTMI-JiJ I' I Egg ■EHOQOO wmmmmm I I I I Ml I I lilll l|| HIII il [gmxniMcsiaiti/iiinoii/uiL/ui lr*^ r Mr^n| 1 T"" ffJISH-f HV'/I'II I HI'IIK.Vi/ll'H Hi t'JHI v m** ini'ifliiiiMifiiill 1 *****IV nl miM tiliihil h i', |,,irmmrrirmss3ss™g™s pSwairarinn iy,,y il WJTM g/t«aji«h ITM i i i530 words
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Advertisement2369 1996-12-13 37 3 SAILINGS PER WEEK FOR SINGAPORE EUROPE SERVICE L I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****01 OUTWARD (l/l) *****02 JOHOSE OfFKI; COSTAR SHIPPING PTE LTD #17-01 NS HOG SAUS/MGS *****41/43 WWAXD KFT (D/OJ *****15 COSTAR AGENCIES (M) SDN BHD i Q NO: 117l7tOOQOOM TOWEI TWO2,369 words
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Page 38 Advertisements
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Advertisement200 1996-12-13 38 r a EVERGREEN >/'/.////<•' .'.ivi/, j^—Byapj r ir lV .'.'i 1 1 i' 1 I I IXlMllil I^O RT.V SHIPPING (S) PTE LTD M SIA Aq«-nt%: GREEN PENINSULA AGENCIES SDN BHD 133 iAIAN BISAR SHAH AIAV til •> '-M !•>•>» SINGAPOBf /O'OIS KUAMIAS Tft .1J tit <' ••..!•> I*6 DfPf200 words
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Advertisement258 1996-12-13 38 UIMIGLORY LINE Full Contmnci Set vice APAHIAN PIPSIAN (,UII SIHVICI MAURITIUS SOUIM Al MIC A SIPVKI SOUIM AMI MIC A SI ttVKi rTTvT^— MON(. KON(, SI 1/VIC I y»i «iV MANII A SIPVKI TAIWAN SIKVK I MALAYSIA SIPVICI i 'iij iiß I 1. V 1 LAIMCHABANG SfRVICt RTW SHIPPING |S)258 words
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Advertisement455 1996-12-13 38 nantailine] FUUY CONTAJNERISB SERVICE TO MAURITIUS SOUTH AFRICA EAST COAST SOUTH AMERICA nm |WT|ai|M|wi|(rT|wi|«i| wTB" *wa tin m tyn ntn 1141 ivn mi Mj II w n/n wn MI m w_ MI MI MI l«a llg Ml Hil Ml WX» Ml Ml WW WW 1141 Ml Ml P4t 1141 IVW455 words
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Advertisement719 1996-12-13 39 BSA a. M MYANMA WBm. FIVE STAR UNE r (Myaoaar Natioool U»o) 1 Loading lor Yaagoo (Raojooo) Vissa VOT SM KG KN P6U PAGAN M«W 14/11 ■TONATWA 14 JW 10/12 ■AtATSIA AGOTS: OOUSTUO SWPPWG AG6KKS KUL TH 01-01-*****00 PO: Til 02-01-176*101 mk Til 02-64-*****02 PGO; TH 02-07-*****21/4 BANK LINE (A719 words
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Advertisement1118 1996-12-13 39 MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKQ: *****32 —nu vcsa vorlswi uh I m iw hmi I n I a il/jj ijTYj 14/12 Ml (OMMOOOtE MIW IS/17 01/01 01/01 04/01 04/01 04/01 07/01 10/1? 10/11 MT (BW MIW 11/11 00/01 00/01 11/01 11/01 11/01 14/01 26/11 10/11 10/11 NIAMMAi1,118 words
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Advertisement387 1996-12-13 39 (j£ FAMOUS CONTAINER LINES ill-- 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) TWICE WEEKLY SAILINGS TO BUSAN \SOUTH KOREA V| r 0 FOR ENQUIRY BOOKINGS, PLS CALL OUR HOTLINE *****33( 30 lines) SYLVIA/MICHELLE POH P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J.387 words
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Advertisement675 1996-12-13 40 1 Regional Container Lines y CP NO **********0E JAKARTA BP P E N A N G 3 I nr^i- srjl 1< I "i 1 i i Mil ui iii ii i■ B SK'Bfi inaK:: tifit< mi i ■imm gg mi 4 Bi fi 111 mmn bi y■■ 11 ■Si g2EZ3MLui»..TiLiauElg|675 words
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Advertisement760 1996-12-13 40 JHAPPM AdlwiigMiiWttM Kwjwuou/ auwn mm VSSSSL v°r I UN I CT» VI—I I VOT MM CCU **PMA 530 I SAT I 14/12 Iwio I It/12 Buogl SPMNO 1 267CN»|mON| 15/12 THU |l»/12 I consictmci 333 I|*o/ia nil 24/12 Ixoua swoapom 230 na 120/12 wh> 125/12" OAfU 006 [THU [36/12 THU760 words
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Advertisement278 1996-12-13 40 #09-00 NEHSONS BUILDING 24 PECK SEAH STREET SINGAPORE *****4 ■OOKHWWUWiI COI OlOt *****630Q00W TIL: 323 1139 I*l FAX: 221 4053/M/M j* TUC^^R3»IW2SOS^»SHIPjgM^^ VBSa VOY SW ETA SMETD OCTMDKM GHfSUQM 23/* 11/12 2*12 JlMi/NMMG SUNttf 19/91 10/12 12/H- 1W Gt&f DttUO 11/* 12/12 14/12 MGOJUi/rUAW GULF KHAUO 11/* 12/U Vm JMARU/WMN6278 words
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Advertisement513 1996-12-13 41 Weekly LCL A FCL If ffjDlCfll Sarvkas to Caribbean Central Amarka MUNKBOMABBK SINIVUIVI 9701 628E Port Country 17/12 24/12 Wi» C'rty Belize 20/01 27/01 Bridge**™ Borfeodoi 23/01 30/01 Cartogano Colombia 22/01 29/01 I Castries S». Lucia 22/01 29/01 Fort de France Martinique 23/01 30/01 II I Freeport Bahamas 18/01 25/01513 words
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Advertisement651 1996-12-13 41 f aa«Pff PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 111 b ffi a ft a K sa 9 SI ill illii AISO A(Cglll6 tUBh PORT SKAK RASSAWA ASSAO VIA MMOMTI |Sh f |#|ft B B B |j>| I im.651 words
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Advertisement927 1996-12-13 41 ***********2 YOKELS WY MW PAMgTTA L£ HAVRE HAMBURG THAMESPORT RQTTEROtAM VKXE DE CAPELLA TIBW 18/12 29/12 07/01 08/01 1001 11/01 11*01 VNJ-EOEUBRA LI 9M 34/12 04/01 13*01 WOl 1&P1 17/01 iftOl \4LLE P 1 AQUARIUS UIBW 30/12 11/01 2CVOI 21/01 2MH 24/01 28/D1 VM£ PAPULA 07£1 W)1 27AM MW XttFt927 words
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Advertisement50 1996-12-13 43 To retrieve more schedules, just follow these simple steps... document 740-6000 mr\ will be faxed m M PreSS r the port your Step A Step key in the four number Co( e Key in your Example: i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore50 words
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Advertisement1854 1996-12-13 44 44 AS AGENTS: H" UNI (MNQAPOW) FT! LTD f ttI»WWW«»IMWN I TEL *****77 TELEX: KAWAKJ R*****5 FAX: *****1&7^9 A lA. WWT MALAYSIA: "K" UNI MAMTMME (MALAYSIA) SON BHD TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****256 MOONESIA: P.T.'K" UNI (MDONBU), TEL JKT *****06 IXPORT N. tWWWMT I1,854 words
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Advertisement1101 1996-12-13 44 ET TWICE WEEKLY EVERY THURSOAY/SUNOAY ARRIVAL FIXED DAY-MOMMY f mw?**™ m JU? J*J J» woa w icn ntr mm m MWCGSTIY SS!I X? I ?22E GIBRALTAfIBMOGt A643E SLD SLO SLD SLO I I*l2 ■mJgSrt 2X?123 Lj 2£ "23 OWI 1M wngglory sld suj slo slo I zim f mu|TU (w.nrc1,101 words
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Advertisement657 1996-12-13 45 a M I i i/ 4 Ju i H*awJRKBMHB| cHd*SI|f 1 P4CL VOY SIN MAA SIN I R WAVE 492N 15-16/12 19-22/12 27-28/12 I R ISLAND 483N 18-19/12 23-20H2 31-01/01 I R BRIDGE 494N 21-22/12 26-2W12 03-04*11 I R BAY 486N 26-24/12 30-02A51 07-0&01 I RWAVE 490N 27-28V12 02-06AJ1 10-11/01657 words
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Advertisement419 1996-12-13 45 Sea K Land DIRECT SERVICE TO LONG BEACH MUNKEBO MSK V.9701 ETA SIN ETD SIN 17 DEC '96 17 DEC '96 CALL BOOKING HOTLINE TEL: *****33 NOW! SINGAPORE MALAYSIA INDONESIA MAINLINE *****22 KUALA LUMPUR 03-*****28 BANDUNG 022-*****5 MMgiKifcflN) *****00 PORT KLANG 03-*****08 BELAWAN 061-*****3 I CUSTOMER SVC(OUT) *****33 PENANG 04-*****90419 words
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Advertisement1445 1996-12-13 45 JT NedHoyd 10 lu Nedlloyd Lines (Ug)jjji CH IOOOMMOOON _SB_I 1 MQAPOTE HONE (GENERALi *****69 RATE ENQUIRIES 32'0241/244/240 CFS (PHONE) *****10 CFS (FAX) *****23 TO EUROPE EVERY THURS/nmr 1 K Ki IS CSR Rtai CP RS tit OOCL MOPE /550® 19/12 20/12 11/01 09/01 10/01 07/01 TYNE /1508 20/12 10/011,445 words
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Advertisement515 1996-12-13 46 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****88 (OUTWARD) *****89 IIINNUID) TLX: R*****0 CIV Nu. **********00 BOOKINGS CALL DIRECT UME; ********** JESSICA/CELIA/AUDBEY 7 slgs/week 3 slgs/WEEK I VOY |«N JAK [VESSEL |VQY ISM |BUR 3WTWK 907 IVI2 (SAT) 18/12 (WED) BUANA515 words
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Advertisement214 1996-12-13 46 HQEGH LINES |H "jl SASIA EXPRESS LINE w DIRECT LINK TO AMAZON AS/MAN AUS NORTH BRAZIL TRANSIT TIME 30 DAYS (DIRECT CALL) SIMQAPOHE PORT KLANCL PBiAMO: P. OUOAMO. TEL: 02-*****73 TEL: 03-73S00SS TH_ 04-*****83 MMMI«» TEL: 07-*****39 FAX: 02-*****71 FAX: 03-*****40 FAX: 04-*****90 03-73*37* FAX 7a2W2 ACCEPTING MEAKBULX CARGO FROM214 words
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Advertisement175 1996-12-13 46 SIM FAR EAST 21/12 KEELUNG/KAOHSIUNG 22/12 BANGKOK 22/12 MANILA/CEBU 22/12 JAKARTA/BELAWAN/SURABAYA 22/12 PORT KELANG/PENANG/E. MALAYSIA 22/12 BUSAN 22/12 TOKYO/YOKO/KOBE/NGO/OSA 22/12 HONG KONG SIM CHINA 22/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN/SH ANGHAI/XING ANG TIANJIN/OINGDAO/HAIKOU SIM EUROPE/UK 22/12 LON/FLX/LVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 22/12 LOS ANGELES/NEW YORK175 words
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Advertisement405 1996-12-13 46 Singapore Soviet Shippl4F Co. Pte. Ltd. ss CB NO: 100S*****00N BOMBAY/COCHIN I VESSEL VOY I SIN BOM MEKHAMK KURAKO MK2BN 13/12 21/12 TRAMSCORD 061 20/12 28/12 n VANESSA 13N 24/12 02/01 n TRADE FAST TFSI7S 03/01 12/01 'J -t H l REGULAR ILYtCHEVSK SERVICE A j I VESSEL VOY S405 words
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Advertisement119 1996-12-13 47 m Mediterranean Shipping oinpany S.A I 11 COM \|N| KSI K\ l( I lIIKOI I I 111 \\OKI IFJ?■ P H*MBfirSZ' I' 'i" it' i! i! 1 J i T i BTTH >*^B 3■ IN——l 11 I Mil I I 11 I*■lPl l > II l T I l!l!M?V!MT!rBa MM*119 words
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Advertisement1579 1996-12-13 47 Ispoml phamg roxwc-l Ima 1 sou luh I wt Iml wt I vtssa |m Isw |m rkan |p« mkt Imy moo |Hilrm 1; MS.HOS& I4M 1111 1111" 11.11 11.11 0101 0101 29.11 NOMAS 147* 0112* 09.12 1112 1112 17.12 1112 mu w* 1112 mr 11.12 11.12 oioi oioi oaHuwa 447*1,579 words
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Page 48 Advertisements
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Advertisement589 1996-12-13 48 SINO EXPRISS SHIPPING (PTI) LTD. I 11 COLLYER QUAY »0«-01 THE ARCADE 8INOAPORE *****7. m m TEL: *****90 (4 UNE3) FAX: *****98 TLX: RS***** SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also occepting container cargo to: VtSSfl/VOY ETA SIN ETAHKG ETA SHA W/T HKG: Bofoo,_Ghjwon. GOOD WELL 9607/9608 14/12 19/12 23/i2 Fangcheng,589 words
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Advertisement367 1996-12-13 48 SYD/MEL/BNE/ADL "ANRO JAYAKARTA" V.OBS ETA SIN 14-12-96 RTM/FXT/HAM "HANJIN FELIXSTOWE" V.OBIW ETA SIN 16-12-96 CAU BOOKING: 220-2022 XIUHUA/HAMIDAH/YEO/PHYUJS BOOKINGS HOTUNE NUMBERS P&O WL SINGAPORE *****61 IPOH -05 *****8 Containers KUALA LUMPUR 03 24«4544 JOHOR IAHRU 07 *****54 Rr»t Clam Connections WORLDWIDE WW KIANO 03 *****67 JAKARTA *****4900 PCNANO 03 *****2367 words
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Advertisement305 1996-12-13 48 JO6HUA 12/12 22/12 RdnVAtwAJK/Nan )t S AGHIOS MINAS 25/12 30/12 RdnVAtwAJK/Nan I •LaadsE^^MaliysiOndonasl^^^^^^^^^^^^^J KAVO ALEXANOROS Oub^A.Ohab^«Mn^DwnmarVKiiwritH RAINIER Oub«i/A.DhebVßahraferf)anvnan/KiHMftl "Loads Singapore, E7W. Malaysia, Indonesa I I Loading for 1 PAN QUEEN Los Angst Ortaana/Chartaaton/ 1 Norfofc/Camdan I OTRAOA Los Angsles/New OrieanCharissfcxV lim M a B *Lo«ds£-/W. Malaysia, tndonasia J [LOADING FOR305 words
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Page 49 Miscellaneous
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Miscellaneous133 1996-12-13 49 4 LEGEND R Thunderstorm Temperoture •<; X\ A Sho wer Weather _X Wind direction with speed m knots Wove height Cloudy Sky Svrfoce winds ore mdkoted by orrows which fly with the wind Q One fu> circle represent* cokn or hght ond vonoble wmds 1 One hoff Heche represents 5133 words
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