The Business Times, 29 July 1997

Microfilm: NL20798
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 2»>. SINGAPORE Internet http://www.asial.com.sg/biztimes TUESDAY, JULY 29,1997
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  • Article
    MARKET SUMMARY
    35 1 mSiwSsau fcLStCWP U»4I II* NIKKEI SM7IJI— HANOSBM ISJCLM *47 SljfWBPt —17 i It II JAKARTA COUP —711* MANILA OOXP _U*21 >ltB shouloohp —Tan—*ui CT£A CHINA I —U43J&—*n MJBT ALLOW 17SM. «l LMpaEBT CkMft
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  • Article
    FINANCE
    35 1 im t 1JH 1m DM uo VK wrtfW mm UM fji-,., U» 1*7 am tua BANT —tin HfflAHM. 1» Ml? pttiimi MKMttt V MMBOK. JKS K&win Si •nan m nam u» (Source: NatWest Bank)
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  • Article
    Singapore gets its first silicon wafer manufacturer
    399 1  -  Wacker of Germany to invest 600 million marks in Tampines plant By, Jennifer Lien [SINGAPORE] German silicon wafer maker Wacker Siltronic AG is spending 600 million Deutschemarks (*****.5 million) to build Singapore's first silicon wafer manufacturing plant, complementing the nine fabrication plants (fabs)
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  • Article, Illustration
    Lock icon Electronics stocks stay in limelight
    248 1 [SINGAPORE] Electronics stocks continued to hog the limelight yesterday, with hot favourite Venture Manufacturing rising $1.15 to a record intra-day high of $8 before easing to $6.90 for a net gain of 5 cents due to weak general market sentiment. The counter was the fourth
    Source: Bloomberg  -  248 words
  • Article, Illustration
    Lock icon Researcher spots Netscape bug
    355 1  -  By] Koh Su Haw [SINGAPORE] A local IT researcher, 25-year-old Chiang Kuo Chiang, has discovered a flaw in the latest version of the most popular program used for accessing the Internet, Netscape's Communicator web-browser. California-based Netscape has named this software loophole "The Singapore Privacy Bug". The
    CHRIS LOH  -  355 words
  • Article
    Mah unveils plan to tie half of vehicle ownership cost to usage
    490 1  -  Revamped read tax system to accompany TOP iiH'iHlnrtiftn By < Chuang Peck Ming [SINGAPORE] Half the cost of vehicle ownership will eventually be tied to vehicle usage under a revamped road tax system that will accompany the introduction
    490 words
  • Article, Illustration
    Lock icon Rerngchai quitting, says Thai TV
    303 1 ■jui regional coiiviiji markets start week oo better note [SINGAPORE] Bank of Thailand governor Rerngchai Marakanond has submitted his resignation. Independent Television (ITV) reported yesterday. Quoting sources close to Mr Rerngchai, ITV said the governor would not be going to work today. It gave no
    Source:  -  303 words
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      115 1 1 umwu Ikit SUNafljtv, > Reel eetate dealer Simon Cheong and property consultant Jones Lang Wooden yesterday defended the |15m Mr Cheoog will receive from Ite Forum dwl Pf2 iuhi < The Paragon will soon get a Wftn ftoeilft and an )86m 14-etorey tamer extension hooting medical suites nl.aoK.ltlT I
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      4 1 Market reports, Pg 24-28
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      227 1 The Grand Chinese State Banquet August Bto 28, 1997 |X] S presented by the world renowned Diaoyutai State Guesthouse of Beijing Ah at Tung Lok Shark's Fin Restaurant HH There a place jjS> China, where the very best I jS^m^ of the MattdnA serve up u '.Hf A> most exauinte
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      15 1 Oortwoot interfere with home prices, Pg 2 DrMmmy govt will act against speculators, Pg 5
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Govt won't interfere with home prices: Hng Kiang
      653 2  -  YESTERDAY DT PARLIAMENT But more land will be released for private property if demand calls for it: minister Reports by] Diana Oon NATIONAL Development Minister Lim Hng Kiang yesterday ruled out any measures to support the private property market, saying the government
      FILE PHOTO  -  653 words
    • Article, Illustration
      Lock icon 99-year flats got more affordable last year: Nomura
      337 2  -  By 1 Tan Su Yen LEASEHOLD private property became more affordable for Housing and Development Board (HDB) upgraders last year, thanks to stagnant prices, according to a residential property report by Nomura Singapore Ltd. The Japanese broking house measures affordability as the
      Source:  -  337 words
    • Article
      No regulation of exec condo size
      245 2 THE government has no plans to regulate the size and design of future executive condos. Minister for National opment Lim Hng Kiang said yesterday. "The main control is that > developers can only sell to households with a combined income of less than $10,000
      245 words
    • Article, Illustration
      Philippine park attracting S'pore firms
      328 2  -  Conrad Raj THE peso's current weakness appears to be attracting some investors to the Philippines. About a dozen potential investors from Singapore, the US and Japan have indicated their Interest in establishing factories in a US$l5O million (SS23OJS million) joint venture industrial park in the
      328 words
    • Article, Illustration
      Lock icon Cess-paying F&B outlets up 19%
      312 2  -  EYE ON THE ECONOMY Commerce By Ang Wan May THE number of cess-paying food and beverage (F&B) outlets increased by 201 or 18.8 per cent to 1,272 in the 12 months to March 1997. According to a Singapore Tourist Promotion Board (STPB) report on the
      Source:  -  312 words
    • Article
      Simon Cheong's $15m from Forum deal not commission?
      613 2  -  Amount defended as risk premium since his firm took stake By < Catherine Ong REAL estate dealer Simon Cheong and property consultant Jones Lang Wootton yesterday defended the $15 million Mr Cheong will receive from The Forum deal, saying that Hotel Properties
      613 words
    • Article
      $20m in tour bookings made at SIA fair
      209 2  -  By, Ang Wan May BARGAIN-HUNTERS swooped on Singapore Airlines' travel fair at the week* end, making about $20 million worth dftour bookings. Some 70,000 people made a bee-line for Suntec City between Friday and Sunday to catch gpod deals, which include* SIA
      209 words
    • NEWS Roundup
      • Article
        Singapore
        75 2 UNITED STATES Secretary of State Madeleine AiWlgnt (right) start* her first visit to Singapore today. In a statement yesterday, the Ministry of Foreign Afifeirs said the dose relationship between the US and Singapore in trade and investment is reinforced by cooperation on defence, security en 4 political issues at
        75 words
      • Article
        Asia week allowed to up circulation
        37 2 (SINGAPORE TbeMinistry of Information and the Arts said yesterday that Asiaweek magazine will be allowed to raise its circulation from 15,000 copies to 18,000copiee from Augl.iigwever, Asiaweek remains a gazetted publication.
        37 words
      • Article, Illustration
        Three new for TechMonth
        93 2 TECHMONTft.W annual technology promotion, will hold three new events this year—Tech Connect, Tech Venture and Tech Conference—to encompass the business and industry sectors and promote Singapore as a regional hub for research and development The executive director of the National Science and Technology Board, Gong Wee
        93 words
      • Article
        SGV's new train of thought
        117 2 SINGAPORE Cable Vision is trying a new train of thought with its advertising—a $1 million venture using TV seta a* MOT stations. SCV launched the project, called Video Showtime, with Singapore MOT yesterday. Video Showtime will feature trailers for SCVe movies, general commercials and corporate
        117 words
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      141 2 I Are month ends a camp site in your Accounts Department? I Do vour accounts staff like camoinO? Have you ever wondered why you have a high turnover in your Accounts Dept? It just may be that your Accountant and your Accounts Assistants are not so fond of camping. Maybe
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      284 3 Centennial t•w a 'Persistence of Electrical Nyrryfa in Tomr y 4'' jf^Bßi^l i^w^B^Bfffl|WMa r M y^ugpiMßul| l i^gEtf^B^^*' l l 4HHHHHHHHHpHHHPHHI^Vipii^^^^^^^^^H i Hi J in) HERE MAN'S ART TGJ U« H INSPIRES MAN'S ACHIEVEMENT "Inspired works of achievement, genius and imagination" fittingly awe-inspiring work of art in itself. Endowed with
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  • FOCUS: PROPERTY
    • Article, Illustration
      Price correction looming?
      689 4  -  aQBHMKraKTT ooujiav Two signals: flats sold below valuations; big boys overshadowed in tender By Lee Han Shih TWO pieces of news last week could point to the direction of the housing market. One signals that a major segment of the market is starting to weaken. The other
      689 words
    • Article, Illustration
      Lock icon Singaporeans buy 90% of Canada hotel
      330 4  -  By. Abdul Hadhi [SINGAPORE] In what could be the start of a new tread, a Canadian developer has sold most of the units of a ITT 9Mraton hotel in Vancouver to Singaporeans over the last twp weeks. More than 90 per cent of the
      CHRIS LOH  -  330 words
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      334 4 I* as .J mh [§(l mi FOR SALE BV TENDER )n ">' Location Junction of Bukit Timah Road and Stevens Road. Near \o^ ?l Singapore Chinese Girts* School, Anglo Chinese Schbol and new campus for Raffles Girls' Primary School (former NJC site). Easily accessible and near to private clubs and
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      162 4 *****81 The Preferred Chain of No Frills Hotels With 620 Rooms t *t hsL TOSE? wzgtz -s^taser Tel: 842 8181 J* 841 8181 TA 383 8181 I II I 1 1 L lIP nrawr &ws&« W: 348 8181 M: 748 8181 ICOLLECTIVE SALE I PRIME RESIDENTIAL SITE s<&/~\ I AT
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      188 4 TOWER ONE \£SSk\' THE PENTHOPSE FOR COMPANIES WHO NEED 1 QUALITY SERVICES, FACILITIES BUSINESS CENTRE! PROFESSIONAL MANAGEMENT >• Fully Furnished Serviced Offices with Unsurpased Views >- Multi-lingual Secretarial Support >- Personalized Telephone Answering >- 24 Hours Access with Security Cameras >• Flexible Leasing Terms >• Conference Latest AV Facilities >-
      188 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Dr M says govt will act against speculators
      626 5  -  ASEAM POST-lUMUiTIUUAL COMFEREIICE Amu FKC reaffirms importaace if stable currencies io ensuring regional growth Froml Ronnie Lim in Kuala Lumpur MALAYSIAN Prime minister Mahathir Mohamad yesterday said the government would take action against rogue currency speculators but he did not elaborate. "The
      AFP  -  626 words
    • Article
      Lock icon Thai economic ministers approve approach to IMF for help
      400 5 BANGKOK IMF ready to open standby credit line, halt capital flight AFP THAI Finance Minister Thanong Bidaya said yesterday that economic ministers had approved an approach to the International Monetary Fund (IMF) for a vital economic rescue package. The IMF was
      AFP  -  400 words
    • Article
      Lock icon Ramos pledges to build strong economy
      329 5 MANILA AFP PHILIPPINE President Fidel Ramos pledged yesterday to build an economy tough enough to withstand shocks such as speculative attacks that have rocked the peso. His remarks came on a day when authorities cut a key interest rate, the peso firmed slightly and
      AFP  -  329 words
    • Article
      Lock icon Philippine equity investments down
      133 5 MANILA AFP FOREIGN direct equity investments in the Philippines fell 66.8 per cent year-on-year to U*****.3 million (***** million) in the five months to May, the Central Bank of the Philippines said yesterday. Japan, the No 1 investor in January to May 1996, saw its 1997
      AFP  -  133 words
    • Article, Illustration
      Lock icon Behind the ARF summit proposal
      596 6  -  KUALA LUMPUR It will enable leaders to meet if there is need to discuss security, political issues: Jaya By] Ronnie Lim SINGAPORE proposed the idea of having a summit of heads of state to the 21-mem-ber Asean Regional Forum to enable leaders of the grouping
      AFP  -  596 words
    • Article
      Lock icon Some World Bank loans to Jakarta vanish: US expert
      341 6 JAKARTA He says this continues with 'don't ask, don't tell'policy AFP AT least one-third of World Bank loans to Indonesia "leak into the government bureaucracy and disappear", a US expert on the Indonesian economy said yesterday. Jeffrey Winters, an associate professor
      AFP  -  341 words
    • Article
      Lock icon Taiwan breaks off ties with Cambodia
      156 6 TAIPEI Reuter TAIWAN yesterday severed its unofficial ties with Cambodia and assailed China as a "black hand" that was deliberately damaging what had been Taipei's strong economic links with Phnom Penh. Foreign ministry spokesman Roy Wu said consideration of Taiwan's "dignity and interests" left
      Reuter  -  156 words
    • NOTE Book
      • Article
        Lock icon Thai PM dies
        47 6 Reuter [BANGKOK] Sent Pramoj, who served as Thailand's prime mlnirtsrlhrsetla»sal*wrWCrklWarn.diedjfeatsrtayqf hscrtaadkldneyfcflnrs.Hewas». MrSeni, whowes A, Rousted from hfctkjrdsaiflnal jaws m prtoeminlster^ IT* m wed H ftft j|| ik^. minister ostwocoaiinflfi fuvitMunui in tM u irteft IffHitTO. fciiiiiltlin s |—i ltoM|>nwitfrihliifij Irti Wsijt% younger brother Wkrtt-Jtatfr
        Reuter  -  47 words
      • Article
        Lock icon 64 arrested in Indonesia
        44 6 AFP I tomZSrntS^^ sCfy 1 trqoybart i< mmn ift on the Indonesian (PW) IW*pBHF|IBS» MpOftS IIM e II units lilanobti«ortif»flfMs«awatr f Jljttrta M* 4- polfc»4|l*4tftottf*ColonalOoriss Mart said nftrrinc to vwM Itwl- of' thePDLPuttiisiieamUfrpsqhtnJsfcsmandntosin Yogyakarta, ths Antara nsws nmcy ssid. —AFP
        AFP  -  44 words
      • Article
        Lock icon Vist outget up 13.8%
        50 6 AFP [HANOI) Vietnam's industrial output grew 1&8 per cent in thaflretieveninonthsofimcoinparedwtththesame period to IMS, according to official statistics released veeterdav. But soim sectors of ths economy experienced •harp declines. Indastrial production in Hanoi dropped 8.9 llMHlllil Sillied iMTW M trfft M with the year eariler period.--AFP
        AFP  -  50 words
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      105 6 5 ~|r« f «hi g i r<M 4 '4_ a t#« i BjgMlsilM m I BBBHWBwBI mm I I B nDBDm Ford Mondeo HH now comes with a i.6-litre foad tax. ■DBhBH m IMIwWWIBIBm H H HHH|| -h;\ yggw*. ~<v '#>1 rI I FORD MONDEO a.oGHIA Saloon or Leather upholstery.
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      209 7 I m A I DIGITAL TECHNOLOGY FROM TOSHIBA. The Toshiba Digital 100 is no ordinary TV. It's a technological breakthrough. It's same time. Something that until now, no one thought was possible. When combined all down to Toshiba's innovative research and development programme that with the 100 Hz Digital Scanning
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      1170 8 I FINANCIAL HIGHLIGHTS I I ARAB-MALAYSIAN BANKING GROUP I I Year Ended 31 March 1997 I I AMMB HOLDINGS BERHAD akab-malaysian merchant bank berhad I I (*****5-V) (*****-V) I I Audited 1997 1996 0/ 0 Audited RetutU <2* I I Consolidated In million In million Change prom Before T«x*k» 300.8
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Tighter home lending rules not yet needed, says HK authority
      435 9  -  HONGKONG Oooting property market cited bat banks warned to apply existing roles strictly By i Quak Hiang Whai THE Hongkong Monetary Authority will hold off tightening mortgage lending rules for now as the property market has cooled, it said yesterday.
      435 words
    • Article, Illustration
      Lock icon Before typhoon strikes...
      55 9 (TAIPEI] A worker setting up scaffolding to prepare for bolstering work for the wall sculptures which adorn the external walls of an art gallery in the capital yesterday. The precaution is aimed at giving the building more protection during Taiwan's typhoon season, which typically commences this month
      REUTER  -  55 words
    • Article
      Lock icon Foreign arrivals in HK up a sharp 13%
      235 9 HONGKONG HK people growing nore confident of economic fatore: poll AFP, Reuter THE number of foreigners arriving in Hongkong rose sharply in the six months before the territory's handover to China, with Filipinos and Americans heading the list, an immigration department spokesman
      AFP,; Reuter  -  235 words
    • Article
      HK govt reshuffles cabinet
      334 9  -  HONGKONG SecnUriMforlMM affairs, coostitiitiQOy transport moved By] Loh Hui Yin THE new Hongkong government, barely a month in office, has announced a cabinet reshuffle involving three policy secretaries. The most-keenly anticipated move was that of Secretary for Constitutional Affairs Nicholas Ng Wing-fui, who will move over
      334 words
    • Article
      Lock icon NT$ sinks to 8-year low against greenback
      172 9 TAIPEI Bloomberg THE Taiwan dollar fell to an eight-year low against the US dollar as foreign institutions moved capital offshore, tradsaid. Taiwan's currency sank to as low as NT527.975 before closing at NT127.972. That's the weakest it has been since Jan 9,1969. Traders
      Bloomberg  -  172 words
    • Article, Illustration
      HK's reformed sales staff
      566 9  -  MnPFIOM HOWGKOMG Retail slump, Intense regional competition responsible for transformation In attitude By Loh Hui Yin THEY are usually rude and unhelpful. And if you dare so much as ask to see many items and end up not buying any, you can be sure of getting
      566 words
    • Article
      Lock icon Citic chairman angrily denies paying US$50,000 to meet Clinton
      447 10 BEIJING says report's a bid to destroy improvements inUS-Smoties Reuter, AFP THE head of China's flagship international investment house and its main arms trader angrily dismissed recent allegations that he paid to meet US President Bill Clinton, the China Daily said
      Reuter,; AFP  -  447 words
    • Article
      Lock icon China plans CD base in Guangdong
      260 10 BEIJING Hngft CD production project a bid to crack down 011 piracy Reuter CHINA will set up its biggest compact disc production base in Guangdong as part of efforts to crack down on piracy, officials said yesterday. The project would have the capacity to
      Reuter  -  260 words
    • Article, Illustration
      Lock icon Zhu set to become PM, Li Peng deputy president: report
      242 10 HONGKONG AFP CHINESE Vice-Premier Zhu Rongji is set to become the country's premier at the coming Communist Party congress, it was reported yesterday. Mr Zhu. 69, who is largely credited with cooling down China's overheated economy in the early *****,
      AFP; FILE PHOTO  -  242 words
    • Article
      Lock icon HK awaits legal watershed in today's ruling
      422 10 HONGKONG Govt Km said it's prepared in case Legislature nullified Reuter HONGKONG, under Chinese rule for less than a month, faces a watershed court ruling on its legal system today, which could spark a constitutional crisis. The appeal court is set to rule
      Reuter  -  422 words
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      Page 9 Advertisements Column 1
      59 9 Tung Centre 1,566 sf Parkway Parade 1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,776 sf/7,739 sf/13,982 sf 172/174 Paya Lebar Road Short term lease 15,435.58 sf/14,477.58 sf First Capital Property S_S Management Pte Ltd sst; sr ißr (A member of First Capital Corporation Group) Tel: 437 6817/437 6853/534
      59 words
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      Page 9 Advertisements Column 2
      70 9 <£b Christof/e Paris Champagne bottle opener, stopper and champagne cooler SommeHer Pavilion Christofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Etpace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3 Isctan Scotts Level 4,350 Orchard Road, Shaw House, Singapore *****8 Tangs
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      Page 9 Advertisements Column 3
      142 9 pM| jm. M .yWßfefe-fg m *\m& for a head of healthy and luxuriant looking halrl LcOflOf Cj^Cyl TONIQUE VIVIFIANT Hair Loss Treatment is the revolutionary spray-on hair Parts tonic thafs conveniently portable, just spray on after shampooing, or use it directly MAKING HEADLINES WITH HAIRLINES on dry hair. Any place,
      142 words
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      204 10 WiN A BELETAR COUNTRY CLUB MEMBERSHIP* AND 250 OTHER PRIZES WORTH OVER $130,000, This could be it! Your chance to walk away with a Seletar Country Clvh Membership* worth $70,000 aad over 250 great prizes worth a total off $*****00. All you've to do is pick up e handphone or
      204 words
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  • ASIA
    • Article, Illustration
      Lock icon NZ$ down on Birch's comments
      219 11 MELBOURNE Reuter THE New Zealand dollar tumbled sharply after the close yesterday on comments from Finance Minister Bill Birch that he expects further weakness. At 0625 GMT it was at U550.6445/52 after the local market had closed at 0500 GMT at 0.6482/89, having started the
      Reuter; Source: Bloomberg  -  219 words
    • Article
      Bank of Yokohama hives off bad loans
      316 11  -  TOKYO It has add 8b f«n wertkaf securities backed by reel estate Byi Anthony Bowley THE Bank of Yokohama, a Japanese regional bank, said yesterday that it had securitised a portion of its problem loans in cooperation with Toyo Trust Banking, one of
      316 words
    • Article
      Lock icon DKB fined 500,000 yen for fake reports hiding sokaiya links
      404 11 TOKYO Finance ministry expected to announce administrative penalties tomorrow AFP. Reuter, Bloomberg JAPAN'S Dai-Ichi Kangyo Bank (DKB) was convicted yesterday of faking reports to hide links with a corporate extortionist and fined to the full extent of the Banking Law
      AFP.; Reuter,; Bloomberg  -  404 words
    • Article
      Lock icon Big fall in South Korea's current account deficit
      278 11 SEOUL AFP SOUTH Korea's current account deficit in June narrowed to US$36l million (Sss3o million) from US$l.3 billion a year earlier, the central Bank of Korea (BOK) said yesterday. The June decline was the sixth consecutive monthly fall. But the current account
      AFP  -  278 words
    • Article, Illustration
      Lock icon Indian PM greets new president
      47 11 [NEW DELHI] Indian Prime Minister lnder Kumar Gujral (left) welcoming India's new President K R Narayanan (right) at the presidential palace in New Delhi yesterday. Mr Narayanan, a former diplomat, is the first Hindu "untouchable" to become the country's head cfstate. AFP
      AFP  -  47 words
    • Article
      Lock icon Japanese mulling checks on foreign mergers
      222 11 TOKYO Reuter JAPAN'S fair trade watchdog, worried that Tokyo alone among major economic powers lacks authority to check foreign mergers for domestic fallout, is considering changes to its own anti-monopoly law. "We are studying the issue," Keiko Unotoro, director of the merger and acquisitions
      Reuter  -  222 words
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      95 11 Suitable for 1-20 Man Operation Fully furnished office suites Secretarial services Telephone answering sen/ices Conference rooms Call 336 8219 Fax 438 068t E-mail centrako@pacific.net.sg CENTRAKO NOTICE NIPPON RIKU-UN SANGYO SINGAPORE PTE LTD effective Ist August 1997 will take over from Interflow System Pte Ltd as agent for Interflow (Tank Container
      95 words
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      Page 11 Advertisements Column 2
      80 11 y. I NOTICE We wish to inform all our valued customers that effective Ist Aug, 1997 we will cease to be agent for Interflow (Tank Container System) Ltd London in Singapore as Nippon Riku-Un Sangyo the parent company will be resuming the role. We sincerely wish to thank all our
      80 words
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      Page 11 Advertisements Column 3
      631 11 Pllff H NOtiCeS To advertise oil toB-tfte 1«00-7411M3 O ■V inb OMNI INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the members of the Company ("Members') will be held at 298 Tiong Bahru Road, *08-00
      631 words
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  • THE WORLD
    • Article
      Lock icon Greenback surges to 7½-year high against mark
      244 12 LONDON Reuter, AFP THE dollar surged to a seven-and-a-half year peak against the mark yesterday as investors bet on the possibility of a weak European single currency and switched to the US dollar. Most of the day's excitement was in the currency markets
      Reuter,; AFP  -  244 words
    • Article
      Lock icon Brussels sets tough terms for B A, American Airlines alliance
      290 12 BRUSSELS AFP EUROPEAN anti-trust authorities have spelled out tough conditions for accepting British Airways' and American Airlines' planned alliance, sources said yesterday. A draft set of proposals sent to British Airways and Britain's Department of Trade and Industry (DTI) calls
      AFP  -  290 words
    • Article
      Lock icon Some French companies may be forced to backdate higher taxes
      488 12 PARIS Mere will create more ill feeling among businesses already sore over tax burden FT FRANCE'S Socialist-led government is likely to force some French companies and the French arms of some multinationals to pay higher corporation taxes on profits made
      FT  -  488 words
    • Article
      Lock icon Mr Copper blames LME action for losses
      391 12 TOKYO Ex-Sumitomo trader uyi he was forced to unwind positions Reuter THE former king of the world copper markets told a session of his trial that "unfair intervention" by the London Metal Exchange (LME) forced him to unwind huge copper positions and incur
      Reuter  -  391 words
    • Article
      Lock icon German govt opposition in last-ditch talks to cut taxes
      239 12 BONN Chances tfbrtad deal leek remote ahead «f pells next year Reuter GERMANY'S coalition government and opposition were due yesterday to begin three days of last-ditch talks to seek a compromise on plans to cut taxes to boost investment and jobs.
      Reuter  -  239 words
    • WORLD Watch
      • Article
        Lock icon Bonn says EMU cannot be delayed
        75 12 Reuter [BONN] Rebuffing suggestions that Europe's monetary union should be delayed, the German government yesterday restated its belief that the single currency project must go forward as planned in 1999. Government spokesman Peter Hausmann said delaying European economic and monetary union would jeopardise it
        Reuter  -  75 words
      • Article, Illustration
        Lock icon A weighty tribute to Gurkhas
        75 12 AFP [LONDON] Sculptor Philip Jackaon putting the finishing 1 To touches to his day model of a member of the Gurkha >u Regiment at his studio on Sunday before it goes to the O foundry for bronze casting. The statue when finished wiQ be placed
        AFP  -  75 words
      • Article
        Lock icon Arafat to finetune his cabinet
        90 12 AFP [JERUSALEM] Palestinian President Yasser Ara&t It ui considering limited alterations in his self-rule government;) but not a sweeping cabinet reshuffle, Palestinian souooae a) said yesterday. Despite calls for the dismissal of ministers by a special commission investigating pervasive un mismanagement, Mr Arafet will not
        AFP  -  90 words
      • Article
        Lock icon Sinn Fein members meet govt officials
        88 12 Reuter [BELFAST] Leading Sinn Fein representatives hairt thefrjl first with British officials yesterday sinoe a week-oUho tftioe4eclared by their IRA guerilla allies opened the door to official contact with governments. Sinn Fein's Pat Doherty, and other senior party ><n officasls arrived at Belfast's Stormont
        Reuter  -  88 words
      • Article
        Lock icon UK to tighten defence sales rules
        103 12 AFP [LONDON] The British government was to announce pfcsftn later yesterday to tighten the rules on selling defence equipment to countries which have a poor human rights oT record. Foreign Secretary Robin Cook was to unveil ,<* measures to clamp down on the export
        AFP  -  103 words
    • Article
      Lock icon Managers see UK economy overheating
      195 12 LONDON Reuter THREE quarters of Britain's managers fear the UK ecdttomy is dangerously close to overheating, the Institute of Management (IM) said yesterday. Its survey found that 82 per cent of managers say unless the spending boom is curbed inflation will exceed the government's 2.5
      Reuter  -  195 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      123 12 TERING BAY GOLF COUNTRY CLUB Batam Indonesia presents TERING BAY CHARITY GOLF '97 SATURDAY, 23 AUGUST 1997 Miftahul Hasanah Batu Besar, Batam jj|Sr mf (Children's Orphanage) n W Movement for the Intellectually y I- Disabled of Singapore (MINDS) Some people watch things happen... We make things happen... for the underprivileged.
      123 words
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      Page 12 Advertisements Column 2
      88 12 Ciputra Development International Finance B.V. I ussioo,ooo,ooo I Guaranteed Floating Rate Notes Due $000 I In accordance with the provisions of the Notes, notice is hereby given that I for the six-month period from 28 July 1997 to 27 January 1998, the Notes I will carry a rate of interest
      88 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Chinese relish US sellout on human rights
      706 13  -  TMKWW LDVB OPINION By A M Rosenthal The writer is a columnist for The New York Times IN JUST one day last week, three stories were reported that told of the stunning successes the Chinese Politburo has achieved in manipulating America and diminishing
      706 words
    • Article
      IN OTHER WORDS
      140 13 'We're in a Goldilocks scenario; everybody loves what's going on.' JdfrvjrSarratt an equities trader, after US stocks rose (last week) as a surprisingly strong economic report on June durable goods orders failed to dent optimism that corporate profits will benefit from a slow-growth, low-inflation economy. The bottom
      140 words
    • Article
      Asean enters a new frontier
      646 13 EDITORIAL THE coup in Cambodia has upset the status quo in Asean in a way that has probably irreversibly changed how the grouping will operate from here on. Rather than be seen as a blot on what should have been Asean's moment of pride as
      646 words
    • Article, Illustration
      Lock icon Central bankers rale
      896 13  -  They wield more power than ever, and chief among them is US Fed chairman Alan Greenspan By] Neil Behrmann The writer is BT's London correspondent ALAN Greenspan is not only the most senior central banker in the world, but is the envy of his colleagues around the
      FILE PHOTO  -  896 words
    • Article
      Australia must address racism by facing the fact
      220 13  -  Mnn.mil Kok Leong Yeoh Singapore via Internet WHILST I do not condone Patrick Ngai's views (BT, July 22), I do feel (Australian High Commissioner) Murray McLean's attempt to gloss over Pauline Hanson's influence (BT, July 24) quite discomforting. Ms Hanson's views are
      220 words
    • Article
      WHAT THE OTHERS SAY
      663 13 HIT tains wmr tMk m Imuh THROUGHOUT the developing world, the World Bank and International Monetary Fund in recent years were symbols of the untempered free market. Nations seeking loans have often had to cut their budgets, which usually meant slashing social spending. They had to
      663 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      33 13 DQwwMnniT By Garry Trudeau THAT* I nvrpKrfrJ CFcouese SSKTTOAN W NOT f MS£OMFU7BA j JRYX? fl MLTTfTHPf AUCN BRBBP- &AUy~l i I I CHECKOUT W&£Peß' sN6FMjjp*lV.—s 1 I n &cTurn& j y puaitePwc^
      33 words
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  • EXECUTIVE LITUSTVLE
    • Article, Illustration
      Lock icon Keeping an open culture
      930 14  -  The organiser of Istanbul's festivals is rallying to keep Western culture alive in Turkey, says HTUPMm kxmzer STEPHEN KINZER NYT PLANNING spring and summer arts festivals in Istanbul is always a dizzying and exciting job, but this year it took on an unaccustomed sense of political
      NYT; WONG POK SEE/ST  -  930 words
    • Article
      Lock icon Saying Sorry's not easy in the South Pacific
      644 14 PEOPLE Ansae PM could end up stung cross-ieggea and imbibing a drink tasting of mouthwash AFP [AUCKLAND] If being Australian means never having to say you are sorry to the little guys, then Canberra is about to discover it has offended people
      AFP  -  644 words
    • Article
      Lock icon Choreographer tells of Cunanan and Versace
      676 14 PEOPLE Reuter, AFP [MANILA] Andrew Cunanan was driven by an ambition to be a top fashion model and portrayed himself as "a friend" of Italian fashion king Gianni Versace, a Filipino choreographer told Reuters. Jerome Pelgone said in an interview on Saturday that Cunanan
      Reuter,; AFP  -  676 words
    • CHATTER Box
      • Article
        Lock icon India 'no' to BBC
        98 14 AFP [LONDON] Indian authorities have refbsad WiL'Jtfr BBC to film a version of Midnight's Chiidrm, anatrtt novel by controversial author Salnutn Rushdie, iBKg spokesman said on Sunday. "Ftlialaghas i > allowed," said the spokesman who declined togtottt reason for the decision. The Telegraph 1M Hpplflwi r
        AFP  -  98 words
      • Article, Illustration
        Lock icon Late Jim Morrison 'rejoime' bond
        90 14 AFP [LONDON) More than two decades after the death of Jbn Morrison, singer of the psychedelic group Th* Doors, fh»' T "Lizard King" is to be heard again singing with the band In four previously unpublished songs. Using the same s technology that allowed the
        AFP  -  90 words
      • Article
        Lock icon Jacko headed for S Africa in October
        77 14 AFP [JOHANNESBURG] Superstar Michael Jackson will perform, three shows in South Africa in October, the Johannesburg Sunday Times said. Jackson committed himself to performing In South Africa when he mads a brief visit to the country in July last year. He was rescheduled
        AFP  -  77 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      579 14 Do you have a Tom Yum gameplan? DBS Bank of Singapore to take 60 per cent stake in Sri Dhana Finance... S KL Amsteei Seearitles to bay Bangkok's First Asia Securities... Malaysia's Mew Straits Times to take over Thailand's CMIC Finance... For thoso fleet-footed non-Thai companiee, the Thel crisis IS
      579 words
Page thumbnail Page 15
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      866 15 SINGAPORE BUSINESS Giving you the winning edge j Pmaui nmers club Offers personalised cash acess at To apply, call I Where to wine, dine and ■>(<>jt^^^3o^ta^workiw(ie.Bßj Mo iMs r I 1 It's a Celebration! I T Delight the kids with s treat I this weekend. I Mesmerise them with "Hocus
      866 words
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      Page 15 Advertisements Column 2
      77 15 1 1 w*ji> 24-hour Coffee House l«l floor r The Chicken Rice Capital Of The World 333 Orchard Road, Singapore *****7. Tel: 737 4411 .I'M it |HHMBH| IBlSiaHCfslitldil UWAW. i A A ►The new Pho dx Garden Cafe fe now open r 1 > Right in the hMrt off Orchard
      77 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      728 15 TEfeBiMO i HJB Tuesday Feature Run BJO Gempa TV (Last Ep). ning Mates (See Our MO Zimfoni. m LOO PM TV Innovations. Choice). 10.00 Japan Hour weekly 1 y j l. h M- A 130 The Winners. LOO AM X-Files (r). News. 3.00 Money, Money, Money. LOO AM Remington Steele
      728 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      153 15 CRYPTIC CROSSWORD rdgame (7 DOWN g Alter campanologist's tar- YESTERDAY'S SOLUTION 1 African city is large and con- get? (43.7) h fUsing (7) 13 Union's reparation? (5) 2 Making haste, goes for mi- 14 Regularly visit Henry, a relanor adjustments (7,7) tive (5) Ihßi i IlBBY» lolel 3At a disadvantage
      153 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      Golfing on a paradise island
      2044 16  -  The level of luxury, combined with the Thai reputation for friendliness, makes golfing in Phuket a memorable experience, says D'OUUK NICKLAUS D'CRUZ PHUKET, Thailand's perennial favourite island resort, is a "must see" for all lovers of the idyllic life—and golf. It is also one of
      2,044 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      113 16 v^-■ ft* l| vj r i If 41 II R tart difficult to Me why Mercedes-Benz is the most popular marque In Singapore. Because regardless of the age of the car, there's no mistaking a »PP "I Mercedes-Benz for any other. Its timeless design defies every whim of fashion. That*
      113 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Paragon to get $125m revamp
      446 17  -  $4Am facelift will add 10% mare retail space; $86m sew tower will AftlAA/f mum camcs, omces 9L* Ang Wan May [SINGAPORE! The Paragon oa Orchard Road will soon get af4o trillion facelift that will aod nearly 10 per cent more retail space, as well as
      FILE PHOTO  -  446 words
    • Article
      Lung Kee sees China revenue boost
      478 17 New Guangzhou plant expected to boost orders by up to 10% [SINGAPORE] Mould-base maker Lung Kee Metals said yesterday it expects to boost revenues 10 per cent within two years of operation after its new Guangzhou plant starts up early next year. William Wai,
      478 words
    • Article
      Worth looking into voice for minority shareholders
      623 17  -  HOCK LOCK SIEW Conrad Raj '.■M/tk T Singapore Airlines' annual general meeting earlier this month, an elderly gentleman by the name of Hi Hi S Shivadas suggested that the National carrier appoint a director to represent minority shareholders. I have forgotten the exact
      623 words
    • Article
      Goldtron unit finds buyer for preference shares
      288 17  -  Ex-MD forms venture to subscribe for HKs34J>m shares By. Abdul Hadhi [SINGAPORE] Goldtron Ltd subsidiary Goldtron Holdings (GH) has found a buyer for the preference shares it will issue to finance the purchase of a China battery-making joint venture. GH, which makes animated
      288 words
    • Article
      Flextech unit ropes in NSTB for $23m R&D
      220 17 [SINGAPORE] Spire Technologies a subsidiary of Ses-daq-listed Flextech Holdings is going into the research and design of wafer probe cards with help from the National Science and Technology Board (NSTB). Spire said in a joint statement with NSTB yesterday that it will
      220 words
    • COMPANIES
      • Article, Illustration
        Lock icon Hotung Investment launches IPO shares at 26 US cents each
        481 18  -  MEW KIDS OK THE BLOCK Taiwan's largest ventare capital imcetmrntgnmp raising USs42m By 1 Teh Hooi Ling (SINGAPORE] Taiwan's largest venture capital investment group, Hotung Investment Holdings Ltd (HIHL), launched its US dollar-denom-inated initial public offer (IPO) yesterday in the
        STEVEN LEE/ST  -  481 words
      • Article
        Amara tipped to raise $40m in Sesdaq offer
        512 18  -  Group's net tangible assets for 1996 revalued at $285 m By Ang Wan May [SINGAPORE] Amara's initial public offering on Sesdaq due in the next three to four days is expected to raise about $40 million for the group's hotel and property
        512 words
      • Article
        FLEH unit to buy warehouse for A$17m
        156 18 [SINGAPORE] A subsidiary of listed Freight Links Express Holdings (FLEH) is buying an airfreight warehouse in Melbourne for Asl7 million (5118.4 million). Freight Links Express Holdings Australia (FLEHA), said yesterday it had entered into a conditional contract to buy Melbourne International Airfreight Centre
        156 words
      • Article
        Raffles Hldgs Cambodian hotels still on track
        136 18 [SINGAPORE] Raffles Holdings said yesterday that its two historic hotels in Cambodia Hotel Le Royal and Grand Hotel d'Angkor will reopen on dates close to the original schedule. The group, DBS Land's hotel management arm, said its re-development plans were largely unaffected by
        136 words
      • Article
        VDH takes stake in Batam power plant
        246 18 [SINGAPORE] Van Der Horst has taken a 25 per cent stake in an Indonesian joint venture to build, own and operate a gasfired combined cycle power generation plant on Batam. The cost of the first phase is estimated at US$l5O million (Ss22o million).
        246 words
      • COMPANY Briefs
        • Article
          DBS Bank arranges Shangi-La loan
          39 18 [SINGAPORE] DBS Bank hat arrangid and ieed-managari a $100 million transfcraMs loan facility with a bond call option for Shangri-La HoteL The five-year loan wiH be used to rsftaancs the hotal't existing bond ten*.
          39 words
        • Article
          Singapore Petroleum Co director quits
          26 18 [SINGAPORE] Chow Kok Kee hat resigned m director of the Singapore Petroleum Company. Ho amrod on the board for nine years.
          26 words
        • Article
          SBS Engineering in deal with C&C
          29 18 [SINGAPORE] SBS Engineering.« tally-owned subsidiary ofSligapors Bus Service, has signsdsnagrssmsnt with 4 Cycle and Carriage Indinlileotobothesuthorleedasrvlcs dseier for Men edsiDoni taxis in 81»iga>nrs.
          29 words
        • Article
          Lock icon Partial sale of Berjaya Land stake
          87 18 Bernama [KUALA LUMPUHjßerjaya Group Bhd said it will ssfl 66.86 million sharss reprseentinf BJS psr cent in Becjaya Land for MI9OO million (8H06.8 million) at M|MO a share through to units. Bwjaya Group currently osms Bi million sharss repreesnting an *3J6 per eant interest
          Bernama  -  87 words
        • Article
          Lock icon M'sia targets 9 industries for Mesdaq
          59 18 Reuter [KUALA LUMPUR] Malaysia is tarfetinf nine technotofy-linked industries for listin#a on its proposed Mssdaq stock exchange at to be launched early naxt year, the exchange planners said yesterday. "Companies with activities in thaas Priority Technology Anas will be aceordeda taVurttyaUtoafcr listing ooMeedaq."aakl NaslrßaEak,wtodulrssaecurttlaelndustiy
          Reuter  -  59 words
    • REGIONAL COMPANIES
      • Article
        Lock icon China Southern IPO raises US$631m
        246 19 FT [HONGKONG] China Southern, one of the country's three biggest airlines, has raised US$63l million (*****.6 million) in the mainland's biggest public offer to date. The shares, to be listed in Hongkong and New York later this week, were priced at the top end of
        FT  -  246 words
      • Article, Illustration
        Lock icon Yaohan Japan shares surge 11%
        537 19 Stock up on reports of planned asset sell-off but analysts say sale may not solve woes Bloomberg [TOKYO] Yaohan Japan shares rose as much as 17 per cent on reports that the financially troubled Japanese retailer will sell off about 30 billion yen (***** million)
        Bloomberg; Source: Bloomberg  -  537 words
      • Article
        Lock icon Japan's KDD may join global phone network project
        329 19 Sing Tel-linked World Partners plans low-cost service Bloomberg [TOKYO] KDD, Japan's largest long-distance telephone company, is considering joining with 16 other international telephone carriers to develop a network that will offer low-cost service to corporate clients. It would be the first major
        Bloomberg  -  329 words
      • Article
        Lock icon First Pacific aiming for 15% more mobile phone subscribers
        228 19 Bloomberg [HONGKONG] First Pacific Co said it's aiming to increase by 15 per cent the number of subscribers for its lagging Hongkong mobile phone unit. Pacific Link Communications Ltd, No 4 among Hongkong's four cellular-phone companies, hopes to add 50,000 customers
        Bloomberg  -  228 words
      • Article
        Lock icon No derailment of Thai transport project: Hopewell
        263 19 HK firm says it has not received any termination notice AFP [HONGKONG] Hopewell Holdings Ltd said it will go ahead with its US$3.2 billion (554.7 billion) plan to build an elevated road and rail transport system in Bangkok despite the economic and currency
        AFP  -  263 words
      • Article
        Lock icon New World sells hotel assets outside region for US$80m
        141 19 Reuter [HONGKONG] New World Development Co Ltd said it had sold its hotel property interests outside Hongkong, China and Southeast Asia to a company controlled by New World's managing director and other officials for US$BO million (*****.8 million). It said in
        Reuter  -  141 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Global PC market sees robust 2nd-qtr growth of over 16%
        621 21 Compaq stays wvrM's mark* grtws by IMb and Asia-Pac by 14% Reuter NYT [NEW YORK] The worldwide personal computer market had a robust second quarter, with shipments up 16 to 17 par cent as Dell Computer Corp's unbridled growth continued
        Reuter; NYT  -  621 words
      • Article
        Lock icon C&W up on NTT alliance hopes
        161 21 Reuter (LONDON] Shares in Cable Wireless firmed in pre-market trade yesterday after a report in The Sunday Telegraph said the company was in talks on an international alliance with NTT of Japan. 1 Separately The Sunday Times highlighted the stock as a "buy" on
        Reuter  -  161 words
      • Article, Illustration
        Lock icon Intel to buy graphics chip maker for over US$400m
        247 21 Bloomberg [SANTA CLARA, California] Intel Corp said it has agreed to buy specialty semiconductor maker Chips A Technologies Inc for U5517.50 a share in cash, expanding its presence in the market for graphics accelerator chips. The world's largest semiconductor company said
        Bloomberg; Source:  -  247 words
      • Article
        Lock icon HSBC interim net profit seen rising 10%
        386 21 Grtwtk m baak's key markets driving earnings analysts AFP [HONGKONG] Britain's HSBC Holdings pk is expected to report a 10 per cent rise in net profit for the six months to June to some £1.75 billion (554.3 billion), analysts said yesterday. Growth in
        AFP  -  386 words
      • Article
        Lock icon US'Sun to buy nursing home rival for US$589m
        234 21 Bloomberg [ALBUQUERQUE] Sun Healthcare Group Inc said it agreed to buy Regency Health Services Inc for about US$5BB million (*****.2 million) im cash and assumed debt, extending the market reach of the nursing home operator. The Albuquerque, New Mexico-based healthcare company said
        Bloomberg  -  234 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Corporate bond default rates lowest in 15 years
        344 22 Moody's points to strong profit growth and low global interest rates FT [LONDON] The rate of defaults on worldwide corporate bond issues has fallen to its lowest level in 15 years, according to Moody's Investors Service, the credit rating agency. The rare
        FT  -  344 words
      • Article
        Lock icon Investors block Cox plan to buy out Lloyd's Names
        593 22 40p per pound offer to Names on syndicate 1176 too cheap' Bloomberg [LONDON] Cox Insurance Holdings, 3n insurance underwriting and management company, is meeting opposition to its offer to buy out the Names, or investors with unlimited liability who support the
        Bloomberg  -  593 words
      • Article
        Lock icon Fall in Indon crop spurs demand for Viet coffee
        175 22 Bridge News [SINGAPORE] Forecasts of a 30 per cent drop in Indonesia's 1997-98 (April- March) production have fuelled more demand than usual for Vietnam's new coffee crop, Asian trade sources said yesterday. Indonesia's new crop is seen falling to 250,000-300,000 tonnes,
        Bridge News  -  175 words
      • Article
        Lock icon Euroyen, JGBs slip in dull trade
        224 22 SIMTIX Report Reuter [SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures backed off their recent highs in thin, featureless trade yesterday but dealers said any falls would be limited. "I don't think the Bank of Japan (BOJ) is going to hike rates at
        Reuter  -  224 words
      • Article
        Futures close mixed as cash index rallies
        168 22  -  MSCI TAIWAN FUTURES Byl Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan futures contract closed mixed yesterday despite the cash index rallying to a seven-year high. Technology shares led the upward move, resulting in the Taiex
        168 words
      • Article
        Lock icon Britain to review North Sea oil tax
        266 22 ENERGY REPORT Reuter [LONDON] Britain has launched a review of North Sea petroleum taxation probably in time for the government's next budget in the spring. A study has been ordered by the Treasury in tandem with the Inland Revenue and the Department of
        Reuter  -  266 words
      • Article, Illustration
        Untitled
        1176 22 niT—"■« CT0S8 BATES "J ZZJZ £SSXS^S t 2 3Mjg'JS Cm* 0.962 4001 0.673 4406 U30 UN 25.773 *734 0J47 6.437 t907 t® 2M»2fW* 1062 3200 ION *****2206 0436 tfH cmm 084 o.»7 aw o.m 0222 09» 4295 uo w« un o* wp 42a ju» o.m oho un jms ijm tm
        1,176 words
      • Article, Illustration
        Lock icon Calling relatives of WWII account-holders
        65 22 [TEL AVIV] Operators on Sunday dispensing information to callers regarding Swiss bank accounts at an information centre set up in Tel Aviv. As in other parts of the world, the Israeli media has published in the last few days a list of owners of dormant
        AFP  -  65 words
      • Article
        Lock icon US-style loans market for Europe soon?
        417 22 Leading banks set to draw op agreement on self-regulation FT [LONDON] Plans by leading European banks to develop an American-style secondary market in bank loans will receive a boost in the next few weeks when the banks draw up their first agreement on self-regulation.
        FT  -  417 words
      • Article
        Lock icon CURRENCY REPORT
        271 22 Reuter London THE US dollar gained a bit of ground at mid-day by comparison with its morning levels, still benefiting from the mark's weakness. At 1225 GMT, the dollar was up to 1.8465 marks against 1.8346 on Friday and to 117.22 yen against Friday's 116.78. Operators believe that
        Reuter  -  271 words
    • Article
      COMMODITY PRICES
      1136 23 nCOMFTTTUMS ttssssxr* Sett toncvt 5iw 1 I S s„ OTJ5 m 25 S3 s E" ss J 1 sBf S I *J5J njjj MW<* S Jm* 900 HJf55 4S SS Sw 2HS Sfi &2 35 88 £5 iSS m» gg ItcW "too WiM tm IOMO 5£$ SS -S
      1,136 words
    • Article
      Lock icon TOKYO
      1499 23 AFP HWktataS ♦186-72 SHARE prices closed higher yesterday, as the yen's drop against the dollar unleashed buying of blue-chip exporters, brokers said. "Foreign securities houses were the most prominent buyers of blue-chip exporters such as Sony and Canon throughout the day, largely on behalf of overseas funds," said a
      AFP  -  1,499 words
    • Article
      WORLD STOCK MARKETS
      1852 23 M» 31 Group tnpwti W1 1 ABbay National —8» -Kb AModOomacq 1552 7 AIMC 156.400 -7 ajT** 535 7*00 jGPte___ 252 5.600 Rr _«3 "3.400 BOC Group BR Patrolaum »f BTR _»5 1600 Bank o< Scotland 42l £2 Barclay* "22 •an BktaClrclalnd 2 ??5 Boots 781.400 "-400
      1,852 words
    • Article, Illustration
      Lock icon HONGKONG
      1308 24 Bloomberg nHutfScnt *8.47 STOCKS close marginally higher yesterday as Hutchison Whampoa rose to a record high while HSBC slumped. Hutchison, whose interests c include property, ports, retailing and telecommunications, benefited from gains by realestate developers. They rallied after strong sales over the weekend boosted optimism over strong profit growth.
      Bloomberg  -  1,308 words
    • Article, Illustration
      Lock icon CHINA
      587 24 Bloomberg QaanfcMßMg -U7 CHINA B shares fell yesterday, led by property developers, on concern that flrsthalf earnings reports may be disappointing. "People are reluctant to push up prices because they don't expect good corporate earnings," said a trader. Shanghai's B Share Index, which tracks shares open to foreign investors,
      Bloomberg; Source:  -  587 words
    • Article
      Lock icon TAIPEI
      292 24 AFP Hwtm» ««j» SHARES rose yesterday as Investors bought electrical and lagging blue chips. "Most institutional investors turned cautious while the market nears the 10,000-point but retail investors continued to buy," said a trader. The TSE Weighted Price Index rose 53.80 points to 9,923.05. Turnover was 2.6 billion shares
      AFP  -  292 words
    • Article
      Lock icon WELLINGTON
      226 24 Reuter ♦am SHARES surged to an all-time high yesterday as bullish sentiment quelled by rising interest rates reasserted itself. The NZSE-40 Capital Index closed 31.50 points higher at 2,542.11. Reuter Ma 1 f— ANZBankanq IL80 0 05 5720 WiaiUon HMat 'OS -OjOI *****0 UrNt>2HMIA) 3.10 0.05 W105S Air Nov
      Reuter  -  226 words
    • Article, Illustration
      Lock icon BANGKOK
      709 24 AFP Hsetmm «am STOCKS soared 5J3 per cent yesterday as economic ministers agreed to approach the International Monetary Fund for a credit line to shore up confidence and liquidity. News of the IMF package, which would include technical assistance and be conditional on acceptance of a package of tight
      AFP  -  709 words
    • Article
      Lock icon SEOUL
      342 24 AFP nOwpwtohiß ♦LH STOCKS ck»ed higher yesterday but off their highs due to uncertainty about the market outlook. The index traded higher on a technical rebound, but lost much of the gains near the close. The Composite Index rose 1.60 points to 733.92. Turnover was 28.2 million shares worth
      AFP  -  342 words
    • Article
      Lock icon SYDNEY
      450 24 AFP +3M INVESTORS hunted blue chips yesterday and helped hikp share prices 1.2 per cent "Blue chips lead the way with expectations of higher prices," said a broker. The All Ordinaries Index, rose 32.6 points to 2,723.8. Turnover was 306.5 million shares worth AJ747.3 million. BHP rose 33 cents
      AFP  -  450 words
    • Article, Illustration
      Lock icon JAKARTA
      666 24 AFP nOmpwitehiß +*-7* SHARE prices closed slightly higher yesterday on selective buying, with dealers saying that the firmer rupiah gave mild support to the market. "I think the situation is almost back to normal. But some people are still worried about rupiah stability despite the fact that it was
      AFP  -  666 words
    • Article
      Lock icon MANILA
      226 24 AFP Hmwh *HJB SHARE prices closed higher yesterday as the Central Bank of the Philippines cut a key interest rate to allow more money into the banking system. The central bank cut its one-day reverse repurchase agreement rate by three percentage points to 22 per cent. The Composite Index
      AFP  -  226 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Ringgit worries still haunt players
        331 25 AFX-Asia -ILB6 SHARE prices closed lower in thin trade yesterday on continued profit-taking with concerns over the ringgit still remaining, dealers said. The KLSE Composite Index closed down 11.85 points at 1,029.41. The Emas Index closed down 2.79 points at 293.44 and the Second Board
        AFX-Asia  -  331 words
      • Article
        Untitled
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        7,578 words
    • WARRANTS & OPTIONS
      • Article
        KepLand wrt worth checking out
        200 26  -  WARRANT WATCH -By' Ven Sreenivasan ONE warrant which was recommended in this column just a month ago is that of Keppel Land. When this instrument was featured then, it was trading at $1.33, while the underlying stock was at $3.96. Yesterday, the warrant closed at
        200 words
      • Article
        Untitled
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        2,874 words
    • Article
      CLOB INTERNATIONAL
      1401 26 Transaction Date Jul 28 WKHMN STOCKS Or Or tart VM tor LaatOaat* H* M» VM Ntf MCap Htf, taa MM cam COOOI W» L— to»* CV Pfc 47* 270 msSOOO AISSSOc 2«3 3 29J 282 283 285 y 137 81 MS 5001 AM08S0C #6 "3 161 87 853
      1,401 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1376 27 TUMOVtt COOO) VALUC (*000) Mam em T«m iMmw wn "Jjj WW *5^22 riniMt 7,073 2,405 9,478 67,369 4,491 71.860 IHHk 2.494 272 2,76* 4,924 493 5.357 12J76 6.904 19JB0 *3432 10.524 73 854 PMMw V9S3 1,953 6.341 M«J SuT* 9.213 '2 632 2V*S 1%3M 12.382 23.747 T«M 130.977 32.658 WMj*
        1,376 words
      • Article
        MAIN BOARD
        4446 27 Transaction Date: .ltd 28 Or Or M Wt T Last v«4 Day LMt Owata Ot» Dt* Mjt Cag _*»< m*. La. stN* CMMOV m *h room wm> l*» ««yar m* cw w*_ wourriMJ 157 m 1020 ACE Dynamtcs60c 116 -5 172 124 116 116 US 5146 AS£MT$***** US'
        4,446 words
      • Article
        SESDAQ
        1022 27 Or 6r mm 1997 Last V«t Day 0—t« Dtv Ok TM IM Ca» A»6 L— WW CI1IIT Wt roooi U» CW XI WM» 186 76 a 2000 URNMple 147 962 199 144 146 147 1.0 6.0 0.1 210.0 65.4 143 342 144 2049 AS Auto lOc 330 cd -2
        1,022 words
      • Article
        Untitled
        194 28 HW1I Mppei Corf 8,359,000 MaFoodfcProp 6,442,000 Gal Tecti 20c 6,332,000 V«nture Mfg25c 5,370,000 Aitecti5c 4,475,000 ttmstronglOc 4,202,000 MS Land 4,110,000 OnnitndlOc 4,072,000 0nniMokl5c 3,562,000 ««C8HMgsWt99 3,561,000 fcdB MppeiCorp 54,286,277 Venture Mfg25c 37,795,739 0CBC Foreign 22,352,997 OtSLand 20,055,152 U0B Foreign 19,236,722 F|N 17,849,825 CtyD«v50c M,870,243 SW Foreign 12,245,596 Uppei Land50c 11,673,135
        194 words
      • Article, Illustration
        Electronics sector in favour despite some profit-taking
        586 28  -  STOCK MARKET COMMENTARY But the broader market remains subdued with the benchmark STII trading within a tight 12-point range and ending the day six points lower By Ven Sreenivasan [SINGAPORE] Several electronics sector stocks which romped ahead of the market last Friday came
        586 words
      • Article, Illustration
        HOT STOCK
        69 28  -  -If Shiv Taneja VENTURE MANUFACTURING has shot up over 30 per cent in the last two trading sessions to dose yesterday at $6.90, up flue cents on a volume of SJ7 million shares, compared with its lOday traded average cf 941,000 shares. Despite the fact that both the
        69 words
      • ON THE GRAPEVINE
        • Article
          All in the family
          196 28 THE LI family of Hongkong has produced top civil servants, lawyers, bankers and a crook. It is also a house divided when it comes to politics. Gladys Li Chi-hei, a senior barrister and champion of English common law, has argued in a landmark case that the
          196 words
        • Article
          Merry-go-round
          124 28 LESS than three months after Ronald Tan, the former managing director of Indosuez Asset Management Singapore (lAMS), quit to set up his own firm, the word is that Philip Hsin, senior manager in charge of marketing for South-east Asia at IAMS, has also quit We hear that Mr Hsin,
          124 words
        • Article
          Our version
          139 28 THE latest Issue of Business Week International has a listing of the best and worst performing offshore funds available in the United States. Here is our version of this list, where there is a distinct mismatch between the names of the fttnds and their actual performance: Perpetual Japanese
          139 words
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      47 17 This announcement appears as a matter of record only S Shangri-La hotel LIMITED II SINGAPORE *****,000,000 Transferable Loan Facility with Embedded Bond Call Option Lead Manager Arranger THE DEVELOPMENT BANK OF SINGAPORE LTD t Facility Paying Agent BDBSBANK THE DEVELOPMENT BANK OF SINGAPORE UD 28 July 1997
      47 words
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      Page 18 Advertisements Column 1
      202 18 rur.'.rnrn jiSNJEI S*^s='T^SP DECORArORS 8 DESIQNERS Director's Room General Office designing space planners L —"J" f JTT Carpeting/wallpaper CTYJII!! 1" VIA vll Gypaum board partition 1 —nT,. 3 i'tiul hN Ceiling board H N V !TMm Ml 1 VinyVmarble flooring —t i W iWL\. 1! Lb; fr Open-plan low partition
      202 words
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      Page 18 Advertisements Column 2
      528 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      528 words
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      489 19 t J > 5j J If MJggB^JM flfr Hi I s -111 W l^j^y j/?nE9^^^Hji^-!, -Ai. -y;-^ -ji^^HHi'''. .-^uk^^hh^H Iwk <|« The HP LaserJet 6L printer is unbelievably for volume printing. priced but it definitely doesn't economise on What's more the LaserJet 6L printer is features. It handles six pages
      489 words
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      237 20 Invitation in respect of 242,429,585 ordinary shares of NT$5.OO (US$O.lB) each, comprising 169,696,970 New Shares and 72,732,615 Vendor Shares as follows:(1) 48,485,917 Public Offer Shares at USso*26 for each Public Offer Share by way of public offer; and (2) 193,943,668 Placement Shares at US$O.26 for each Placement Share by way
      237 words
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      56 21 U W J I H 12 hoars a day he does all he can to serve his customers in the best way. |H j I H He understands that it takes real dedication to stay in touch. He's got Ml. H H The time is now. I B I I
      56 words
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      28 24 SFor 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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      56 26 PARIS BfS|l mf^m lull npint DICKSON WATCH 6-JEWELLERY (S) PTE LTD fC^^H IA wfolly owned sub«Wy of DICKSON CONCEPTS (NTERNATIONAL) UMTTH) I IB ,^g| 391 A Orchard Road Nfee Ann City #17-06 Singapore *****3 Available at: DICKSON WATCH JEWELLERY: Tha Promenade. Ceatf.po.nt. Sunuc Cit, HERMES BOUTIQUE: Liat Tear. Dumaru. Takaahimaya
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      69 27 Singapore Business Giving you the winning edge NOW WITH JUST $50,000 GET UP TO 3.33 TIMES FINANCING. THHC ITH!\NK M \K(iIN Tk \I)IN(. ACC'OI M I" IR m-: IN I 111 -I si M I ..I I Now CITIBANK h k 11 I S I Sll I I< > W
      69 words
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      1742 28 Access timely information on DBS Unit Trusts along with commentary on worldwide stock markets direct from our fund managers. Or call our Unit Trust Hotline on 1800-535-8025. ■DBS ASSET MANAGEMENT BUSINESS Notices To advertise call toll-free 1800-*****83 THE BANKRUPTCY ACT 19K (ACT 15 OF IW THE BANKRUPTCY RULES IWS UNDER
      1,742 words
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      Page 28 Advertisements Column 2
      591 28 IN THE MATTES OF THE COMPANIES ACT, CAP St AND IN THE MATTE* OP L'GENESIS ESTHETIQUE PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) Al an Extraordinary General Meeting of the members of L'Genesis hsthetH|uc Pie Ud duly convened and held 41 Kallang Pudding. •03-01. Golden Wheel Building. Singapore *****6. on
      591 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      269 29 Bridge News, Reuter VOLUME was very poor and tfven the usual end of the Week profit takers and booltequarers failed to materialise to produce any volume, Clarkson Securities Ltd said in its daily Biffin report. The Baltic Freight IndmAredeome surprises dropping 16 Dointsto 1310. Volume totalled 54 of
      Bridge News,; Reuter  -  269 words
    • Article
      MARITIME STOCKS
      54 29 mm J3 ysagSss «3Z m 4 «a iriigii nuiTir i—* ffi.*** 1 —T«2 men M fesi I 1 H7fe.1T'— m 3555»<**~~.&* -aoa 9410 -TTTrTl ♦OJ006 4074 MM 2900 SIEsr& ss no MM M *h W w» rwliTiiiO ssassg& ss a m| m «>• w sag—a ia SS3S5™z:2» 3
      54 words
    • Article, Illustration
      Lock icon Ports upgrading facilities to meet new demands
      545 29  -  Competition and the arrival of mega ships are forcing them to invest heavily: report By) Marcus Hand [SINGAPORE] Stakes in global container port development have been raised by the potential loss of throughput at a port should one of the major global shipping
      FILE PHOTO  -  545 words
    • Article, Illustration
      Lock icon Merrill wins fight over Piraeus' US$30m loan
      282 29 FT [LONDON] Merrill Lynch, the US investment bank, has won the first round of an unusual legal tussle with the Greek port of Piraeus over whether the city's authorities have to repay a US$3O million (5543.8 million) loan that they used to build
      FT; FILE PHOTO  -  282 words
    • Article
      Lock icon Dar es Salaam port box, grain terminals to be commercialised
      285 29 NewsPage [DAR ES SALAAM] The container and grain terminals at the Dares Salaam port will be commercialised in the first phase of a three-year plan to restructure the Tanzania Harbours Authority (THA). The THA acting directorgeneral, Peter Mtandu, said here
      NewsPage  -  285 words
    • PORT Shots
      • Article
        P&O Nedlloyd to invest in new boxes
        75 29 [SINGAPORE] Transport group Nedlloyd said that its Anglo-Dutch shipping joint venture PAO Nedlloyd would Invert US$99 million (Ssl44£ million) in 40.000 TEUs of new containers. The order, to be completed in 1907, consists of 20 and 40 foot standard containers, and 40 and
        75 words
      • Article
        Lock icon Call fo 15% out in Karachi port tariff
        52 29 Reuter 15 per cent to encourage use of the pfrrt-JhelolPsr tartfT on port call costs, ship handliJM>aM' #fcarfhg»WoriJd encourage r greater use afthe port by shipping lines and shipners. Farrukh Qaisar, APSA chairman said in a statement after meeting port chairman Khalid
        Reuter  -  52 words
      • Article
        Lock icon Pacific Ports expects compensation
        65 29 AFX-Asia [HONGKONG] Pacific Ports Co Ltd said it expects f compensation from German firm Nodi for the six-month daisy in the start-up of some of its shipping operations caused by late delivery of container cranes. It said full-year throughput will be around6l,oooTEUs under current commitments, but
        AFX-Asia  -  65 words
    • Article
      Lock icon Aqaba cuts charges for exporters
      236 29 Reuter (AMMAMtWordan's Aqabaport will soon halve its loading charges on container cargo exports to boost sales of local goods in outside markets and help attract more regional business, shippers said. The move applies to all container traffic of Jordanian or non-Jordanian origin exported via the
      Reuter  -  236 words
    • Article, Illustration
      Lock icon New services gaining ground
      941 30 CHXKA PORTS: SHEKOU Southern port is developing rapidly to handle burgeoning trade of its own and to take some business from Hongkong Journal of Commerce ONE of southern China's smaller ports is gaining ground and credibility, with new services unveiled on a regular basis. Zim Israel
      Journal of Commerce; FILE PHOTO  -  941 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      228 30 PAGC Etnkara Aa 11 Ewrvm 4 3 Famous 7 C Accord 12 4 AqomkMo c FoongSun 12 Astro 3 SU Austral 11 <*"**«« Avant Gwsh W BSA GloMM 7 Batamindc 7 GoMw 12 B'tannMat 17 ccm 7 O UMnlj t> fi p 14
      228 words
    • Article
      SHIPPING GUIDE
      14121 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT rr» rr* Advartliar Vaual Voyada Talophona ETA ETA Advartliar VBM< Voyaga Taiapfiona :L T_. Z tZrZZ Numbar SIN Daifn Nam. Nam* MMtar NM*V „juj«mbi!i*m!i Ill Bii**iiirri iiiii mumbi—i ii"i iii*WMMiiirMinmTiiiniTm To BRCMERHAVEN (BRV) 20S7 A Germany to ABIDJAN (ABJ) 2003 wn am h. hong kong
      14,121 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        633 43 Vturt Voy Mo lortll Arrtwl Ngortiiro jmM Am VMtan IT JIM Moneudt 29.07/0(00 Ayam 7/97 JI7 29.07/0*00 Mas MM) W47 J02 aioa«Mi 29.07/2300 H Jadayal *****7 JOI Hang* 28.07/1500 H LM 44 *****7 JOI lH»Qli<l 20.07/1200 MN*M *9 &M97 JOI aMUflM 20.07/600 81 P Tatar July 29 JOI
        633 words
      • Article
        CONTAINER SCHEDULES
        1415 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO ■opfchH/11-ci Rstb Ship Voy Hp gfcgtr Nrtoi Frw To fw taWM mm mm i ami aim mm* mm 555 jo/ojoo ago* aw ap tA ZB/>'QC 2V0M MM 2VM00 MMW U» JVMOO U MM WW MM 21 ZW700 WOW J nWM
        1,415 words
      • Article
        GLOBAL HOLIDAY
        178 43 U|l Switzerland: National Day. Zambia: Farmers Day. Australia Bank Holiday (New South Wales and Northern Territory only). Canada Civic Holiday (market and public holidays in all provinces except Quebec, which opens for business as usual). Ireland Market and Public holiday. Croatia: Thanksgiving. Aag7 Colombia Anniversary of Battle of
        178 words
      • Article
        COCKETT BUNKER MARKET REPORT
        847 43 THIS report, compiled by Cockett Marine Oil Ltd. shows price rangss In US dollar? Instead of tingle prloee tor a more comprehensive description of the market. Prices shown are baaed on averagesised stem Market movements are Indicated. The Cockett Bunker Price Index chance and the Individual
        847 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        324 43 Carta* M Mm 992.9 09 15.4 0.M 75 007 MM M* Mr ImMm Mi MM hMiBS 3 0 I 0 0. f 3MM 9MJ 02 &5 OM 39 002. ta» Mk 99U 09 170 0.B M 009 WH »MI %M W a—4 liMO! M 0 0
        324 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Philippines cancels aviation talks with S'pore
        421 44  -  PAL believed to have asked Manila to postpone talks scheduled for today By\ Felix Chan [SINGAPORE] Bilateral aviation talks between Singapore and the Philippines have been cancelled, a Civil Aviation Authority of Singapore (CAAS) spokesman said yesterday. The two-day bilateral talks were originally scheduled
        421 words
      • Article
        Lock icon Brisk demand in US, Europe boosts Japan's vehicle exports
        382 44 AFP [TOKYO] Japan's motor vehicle exports jumped 31.9 per cent from a year earlier to 418,137 units in June for the 13th straight gain, led by brisk demand in the US and Europe, an industry group said yesterday. It followed a
        AFP  -  382 words
      • Article
        Lock icon GM workers ratify contract, end strike at powertrain plant
        306 44 AFP JDETROIT] Striking auto workers at a General Motors powertrain plant near Detroit pverwhelmingly ratified a new contract agreement on Sunday, formally ending a strike that threatened other plants for the world's biggest car maker. Bargainers had reached a tentative agreement
        AFP  -  306 words
      • Article, Illustration
        Lock icon Indian train collision kills at least 12
        276 44 AFP [FARIDABAD, Indial At least 12 people died and 50 were injured yesterday when two passenger trains smashed into one another on the south-east outskirts of the capital New Delhi, officials said, i "We can confirm 12 people died in the accident," M
        AFP; REUTER  -  276 words
      • Article
        Lock icon Hainan Air wants much bigger domestic share offer
        246 44 Reuter [SHANGHAI] Hainan Airlines Co Ltd, a Chinese airline linked to financier George Soros, said yesterday it wants to offer up to ISO million shares to domestic investors to fund its expanding operations. The airline had planned a much smaller offer of
        Reuter  -  246 words
      • Article, Illustration
        Lock icon Washington airport opens US$450m terminal
        233 44 AFP [WASHINGTON] National Airport's new multi-domed US$45O million (***** million) terminal officially opened on Sunday, the culmination of a USSlbillion refurbishing of Washington's main domestic airport The new terminal is expected to ease travel for the estimated 45,000 passengers who use the airport daily, although
        AFP; REUTER  -  233 words
      • Article
        Lock icon Instill maintenance culture, Mahathir urges aviation industry
        152 44 Bernama [KUALA LUMPUR] Prime Minister Mahathir Mohamad has urged the local aviation industry and flying clubs to help nurture a "culture of maintenance" among Malaysians at all levels to protect lives and investments. Describing an aircraft as an "unforgiving" machine requiring thorough mechanical
        Bernama  -  152 words
      • LOG Book
        • Article
          Lock icon Daewoo to expand Uzbek joint venture
          55 44 Reuter [SEOUL] South Korea's Daewoo Electronics Ltd said yesterday it had pumped US$3O million (5143.8 million) into an expansion of its Joint-venture home appliances factory in Uzbekistan. The plant set up in 1998 with Uzatop Rom of Uzbekistan, currently churns out 100,000 colour televisions
          Reuter  -  55 words
        • Article
          Lock icon Lufthansa carries more passengers
          62 44 Bloomberg [FRANKFURT] Deustche Lufthansa AG. Germany's national airline, said it carried 5.7 per cent more passengers in the first half of 1997, led by gains in its regional Lufthansa City Line unit Lufthansa said it carried 20.8 million passengers in the first six months of 1997,
          Bloomberg  -  62 words
        • Article
          Lock icon Ital-Thai awarded toll extension deal
          75 44 AFP [BANGKOK] Italian-Thai Development pic has been awarded a four billion baht(SsiB4 million) contract to j extend an elevated tollway linking Bangkok's international airport to the city, news reports said. A 4 contract will be signed this week allowing Ital-Thai to *3 construct a 7.3
          AFP  -  75 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1357 44 CffY FUGHT ETA FUGNT ETO 1_JMaUMt WO" «K» M WO W44 MOO $0229 2220 VR74I 13*) VW740 MO jjiiifiw saszT dm rlm4 0040 mw two? 2105 twos 0020 GA897 KMS K1J38 2300 MI895 2150 *896 1815 KL837 M5S 0126 2355 N«CMMM VK741 1310 6A838 1210 $026
        1,357 words
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      25 29 Shekoaport ♦gains ground China's southern port is developing rapidly to handle burgeoning trade of its own and to take some business from Hongkong. Page 2
      25 words
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      Page 29 Advertisements Column 2
      290 29 Philippines cancels aviation talks withS'pore PAL believed to have asked Manila to postpone talks. BM*Fnp m* Guide on WSt? High-speed Craft The American Bureau of Slipping (ABS) has wit and a nay putofcatton. apaadCraft.lt containslnformationon tha latest technological quidanca for steel aluminium atoys and flberralnforced plastic construction. Copies of the
      290 words
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      1137 30 EXPOKT 3 x Japow -2 x Honghowß -1 x Mania- 1 xKieilhihu. K—fawg 1111 ip<if FCllo MOC/MAHA/MHPAI/qMJ/ICH K tamer mm mum tm isum mm im MMMMMM jj MM •MM MM jy> MM iuf »m UM_MM—UM OWiWf^iWIWIWrCQAIT) ItOUtFiPWACHIIXPIWMWIQQ 1 *amn %m -mm -mm mm mm i2M ism mo iojo mm tm
      1,137 words
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      Page 30 Advertisements Column 2
      57 30 UmlMnHoMnptmnM (<Z9kX\ by Msmbsn at fx flsjlrty at MwnbanolMw y[S@pjU AccradM Shipping AgwKs, Sktgapon Fn&t ForwanlsraS*pw« Naton* SNpping Assoc »ssort*jn. lAL Container Line (UK) Limited A; M.iriue Transport Resources S Pfe LUi Tel 223 8380 F.f* 223 8387 "Smooth Sailing ...Excellent Service" Weekly to the Indian Sub continent and the
      57 words
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      914 31 PAQfIC SOUTH WIST EXPRESS (DIRECT) ALSO ACCEPTING MAMAUS VIA lAX/HOU 1 Ivtssa Ivor m I aim 1 sure lux am nk !«!—gg— ihjomi oi7i n/py 23/07 m/w m/w 12/00 jj/oo_ JVg_ -mSr ~^is~ m.wMk orn a/oo 30/07_ jj/w_ -gig- -gig- -g'jg- ijjj- n5~ OIIMMUMD 0151 04/00 00/00 07/W -SflL. -SM-
      914 words
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      Page 31 Advertisements Column 2
      1876 31 (g) HANJIN SHIPPING lISA imHAa/vor I—| sw 5 \ru ww wr 100 Iwt w |ww|w|K»|im law m m m m m »/w 131/ v l~n/w~~n/w~ n/w m/m m/m m/m n/w a/w a/w m/m m/m w/m a/M b/m a/M a/M m/m n/m_ nTm 1 w/w li7/w I a/w m/w m/m ii/m
      1,876 words
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      544 32 DSR-SEMATOR Bmfc Round the World Container Services IMPROVED SERVICES AVAILABLE TO USA WEST COAST PORTS EAST COAST PORTS MINI-LAND BRIDGE (MLB) EAST COAST ALL WATER (ECAW) WEST COAST INTERIOR POINT INTERMODAL (WC IPI) EAST COAST REVERSE INTERIOR POINT INTERMODAL (EC R IPI) NEWSffIP AGENCIES PTE LID wssa wr mmwt <m
      544 words
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      Page 32 Advertisements Column 2
      707 32 IMORASIA I NOR SHANGHAI *77W 3M7 IBM 14M 17M Ml *7M OM W JIM MM M| I MSCALEXA *73M KM Z2M fIM MM CM MM MM MM M} «g 27M NORFMBOURG 1731-3 13M MM MM 31M MM MM MM 11M MM MM MM NOR HONGKONG *731-3 MM MM MM *7M
      707 words
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      Page 32 Advertisements Column 3
      514 32 UNI Jk Tib ISIMM MUb SSIIM7 I MUARA j I LABUAH vesso «n in n vissa vor m i» srotf mumu srau um JPtOSra VI7C/V7 01/W M/M JPOOSPB YI7l/»7 11/ M M/M APWOUMY VIIS/»7 M/M M/W IPWQUMT Vl*/?7 M/M M/M jnosra vm/f; io/m u/m jptosrai vim/? 7 u/m m/m MtGUXT
      514 words
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      1081 33 i——. T55 fqu S g blw w I isaggf*y T Kt'lS! 0 »»»7 JSJowK "SwK Ssaar" aaa lw—.l= I: II ACCFPTIMfi FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIR6ISTAN. TADZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT 1 SWGAPORg I AfißfT H
      1,081 words
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      Page 33 Advertisements Column 2
      1372 33 iwjjgyiCT|W« mmil I MS l«^»atttafc^| Viiit T£ifilfOO FAX; *****08 I COSUR SNIPPING PTE LTD #1741WMW J»si4i/43 »£»*><>/« jtjsgs COM MNCIKS (M) SDN iND CR NO: **********0 M TOWH TWO tOOttOt) COWVBmOmi TH; H7-1S M 144 FAX: W-OTjSMITt [75 we <Mt at mo m m m m n/*i hw mm moxmsmmb
      1,372 words
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      851 34 *®J1 J££g MM 2VM 11. GLEEFUL RE-MI *M 7 BM7 BM7 IM7 11M MM InM I I 11 m 3m mi ffl/tf 12/91 H/91 Ml E. 6CNERAL RE-166 13/07 1107 15A17 17/17 1107 11^11 JWJ I !:!lomßw« llwj 2m iS vZ »S ?2S IM7 ui qio vkn tfz dm flx
      851 words
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      Page 34 Advertisements Column 2
      951 34 2^°*S3S« 25; SSw iSlz 5S So; wu I IwK MMM S3 !IS 17/W !|3 IMI i//w ww wowmo o«*m* m mwm *w n/w I I AIM to Doha. Dubai »»ggMMjg*QgS2Sl2i^£iS!S£L2)2^S2S!!!S2^^^-^—^J ISSH SKm 5*7 O&l 07/0. ttOYUMI WW jl/07 JVO7 »/D7 I H uiMji rruAyi 0144-01 Sf 31/07 10/08 UMVAIOI OOUOVS74
      951 words
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      Page 34 Advertisements Column 3
      454 34 /CII NANTAI LINE FUU.Y CONTAINERISED SERVICE TO MAURITIUS/SOUTH AfRKA vissa wi si rui 1 w I cw~ mimiwms o?is oi/m u/m ?s/w 22/w ■QUE BUS It/01 ?t/OI 31/01 03/W mmifUKBS OUS ?S/W 13/W 10/W mmiQUffll OHS 31/81 M/W IVW 17/W mmiottfon wis ww iy/w ti/w a/w mffIUWBNQ PITS IS/W W/W
      454 words
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      524 35 M MYANMA \BBBk FIVE STAR UNE vT (Myanaar Natioal Um) w loodiaf f«f Yaa«M (Roh«mi) vtssa vot sm we pbi wu PAGAN 144W U0 NOTCH 14JW SID MALATSU AGENTS: OOUSTEAD SMPfBB AGOKKS KUL TH 02-03-*****00 PU: IB 02-03-37*4101 POt TH 02-04-*****02 «0t Ift 02-07-*****21/4 BANK LINE (A undo tt htkm
      524 words
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      Page 35 Advertisements Column 2
      1099 35 A HYUNDAI I MERCHANT MARINE CO. lIP, WESTBOUND TO EUROPE BKCfa *****32 MMta yov Iffl MO Nil MA__ Ml HTFttCUI Jo*w 03/ M 20/ M 21/N 23/00 M/ 00 24/00 M^ NTAMMUI Mo* 10/ M 27/N M/M M/ 00 M/ 00 31/00 M/ 04 HYHKMKSS 304W 17/N 03/09 M/ 04
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      Page 35 Advertisements Column 3
      474 35 FAMOUS CONTAINER UNES /itS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 JjT HOT UNE: *****33 (30 UNES) IBMEMW! m lailmui I HI m H DAILY SAILING TO fl SLA 1 lirt ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU
      474 words
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      Page 37 Advertisements Column 1
      39 37 To retrieve more schedules, just follow these simple steps... document 2ial 740-6000 ep be faxed your key in the four number code Key in your Exampto: fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
      39 words
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      Page 39 Advertisements Column 1
      415 39 M njDIC3I S«rvk*i to Caribbean lsJ?i?Vnio A Central Amarica APIKOCEA AftIHAIAND 017E 015E Port Country 30/07 06/08 Belize City Belize 02/09 09/09 Bridgetown Barbados 05/09 12/09 Cartagena Colombia 04/09 11/09 Caarie* St Lucia 04/09 11/09 Fort de Franc* Martinique 05/09 12/09 Freapart Bahamas 31/08 07/09 Kingston Jamaica 02/09 09/09 Point*
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      Page 39 Advertisements Column 2
      996 39 ADVANCE CONTAINER LINES (PTE) LTD A A I 140 Cadi Street, #12-00, PH. BuNdhig, Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL I—at^™*™— CR NO. **********0E (9 tfuWlrt m PAT. 3 SatNafi a MOT. 2 Semap LCH) (4 tiWmMlit) mem —m w i jkt ——SM SSr gar
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      Page 39 Advertisements Column 3
      774 39 ywn« VOY TB JED I PKI IfH I MOM RTM THP ANR vhjepaouarbjs jam 31/07 wob ia*oB 21/08 22/06 24/ ob aswe «g VILE OE TAURUS A2IW 04AM Mil 18AM 24*08 28*06 27/08 Mgß 28*08 V*LEPECARWA C2IW lOCS 2MM 22/06 31/08 01/09 03/08 Q4/08 06/08 WLLE OE SAOfTTA S2IW 17/08
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      Page 40 Advertisements Column 1
      1072 40 iII#KOK JAKARTA yy«ggi VQY SIN BKK VESSEL VOY SIN J KT BAN! BHUM 56N Tlia In Pt St 08/06 DEJA BHUM 7PCS jj* In Pt Frt 01 AW MATHU BHUM" 341N Wad 30/07 St 02/08 EAGLE TIDE* 190 T\» In Pt St 02/06 SRBAMUT SRS32B Wted 30/07 St 02/06 XETHA
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      Page 40 Advertisements Column 2
      566 40 I PUL INTERNATIONAL UME I I PI*T<TZRNATK)NAL I ww» |gj nk I ii/M rw HyH Sii ttygl iuMiM> I<tm I S/fi BEI fl/5 |T ii/fll wriMtAlnrTßS <k/m i m w/aa i si i li/M 1 SLA IiGOB llfli I H/5 IHU I 16/fi ISw I li/ft B wuMKtktumm "I gfflg™
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      Page 40 Advertisements Column 3
      739 40 f /ICCORD ffl SHIPPING PTE LTD M±S Ta: *****56 (40 UnM) FAX: *****46 KMBJUK (03) H7IMI /g M DMSCT ACCESS Til: *****57 (EXPOET SOOKINO) MfITOMMM (97) JSI IS/7 *****57 (IXPOET DOC), *****64 (IMPOET) MMW <H) S3] 1*49 UEUMTTF;//WWW JkCCOEO.COM. SO UKAMTi 1 (11)*****79 POKT ITA SIM POtT fth Mil POtT
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      Page 40 Advertisements Column 4
      52 40 10 hangli Shipping MRECT REGULAR SERVICE JAKARTA SURABAYA JMUWTA 30/07 30/07 P.UNBH 07/01 06 A* P. JWM 11/Ot 12/01 r.MUMMM 16/W 17/W P.UNBM SUMMYA H PORT 30/07 »WWnWYU om» io/ot ■wnnwui 12/ M 13/08 SNANRMVU 22/Oi 23/08 ■K—WWCTUJI OIMMVK UNITED SHIPPING ORGANISATION FT. MDONESM SHANNON MARfTME CORP. PANAMA TEL: *****88
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      Page 41 Advertisements Column 1
      434 41 SINO EXPRESS SHIPPING //l 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI J 8 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX $INOTiANS SHANGHAI (CONTAINIt $IIVICI) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI GOOD WELL 9720 01/08 06/08 10/08 NOKPSUHD 9704 08/08 13/08 17/08 NEW HAIHUNG 9708 15/08 20/08 24/08
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      Page 41 Advertisements Column 2
      253 41 PDMSttTSvaMST 55EJ52(isiww SjßAßAWtpi^'SfltO P. KBJMQ! >«)»—" JUT gl| WHIT MPtt(tl)M4«a EX PKC TO HOHGKOH6 EX PKG TO PtISAN gJSAR i™gZl MV "CY PROGRESS" 730N MV "KMTC PUSAN* V7l ON -BnSTui-'viVl ETA PKG: 3-8-97 ETA (KG: 5-8 97 TOTO JW BK9 CALLt HltW/ VIYMN/CHBKYI TML (03)*****77 855 I AUCKLAND "HONGKONG IXPMSS"
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      Page 41 Advertisements Column 3
      140 41 Isv TRADER 02AM NwvßdnvAtwAJK I muRATKIRAN IVOB NarVßdrrVAtw/BrrrVUK STORM WIND IVO6 18AM NarVRdnVAtWUK I OCEAN ISLAND 15/08 NarVßdnVAtw/UK I I- Loads E7W Malaysia, tndoocn I ■C. KAPTANOGLU Jeddah/Aqaba/Egypt/Syria I ■ARETUS Dubai/BahrMrVDamman/KuwaK I ■MULPHA SIBU Oubai/Bahrain/DarnmarVKuwait I ■UO«AS Jeddah/Aqabai/Aigeria I ■ZEYNEP K Dubai/Bahrain/Doha/DarnmarVKuwait I toads Singapore. E7W. Malaysia. Indonsaia I I■OKTEMAKSOY
      140 words
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      Page 42 Advertisements Column 1
      402 42 Shipping Times »45USENESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 PressT& key in Document Code Key in your fax number
      402 words
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      Page 42 Advertisements Column 2
      330 42 Bu2b Uttiifl J A |jlillßißllltt^Mllll^ljil[inlßffllllßlnlßllil>]|[tniynTi^^^^B Book your ads early for this commemorative issue Closing date: 19 August *97 WB Call us now... raw Lip Chuan 740 1645 /ris Lim 740 2044 or for flp*** 0 Document Code 8028 i® for full details. j 0 I *< 'KjF I Br iPa
      330 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      127 43 m 1 «T 4„i f|| > f m W 1 t 1 a i^| 4 LEGEND: T TIX c r < 1 k~» *0 OovdySfcy S*rt*e* winds *r* indicated by arrows wfcidi Hy witfc <4m wind 0 On* fu> arcl* raprMnh cotm or tight and variabt* wind* J—►. Ono haM
      127 words
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