The Business Times, 29 August 1997

Microfilm: NL20889
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 85* SINGAPORE Internet: http://www.asial.com.sg/biztimes FRIDAY, AUGUST 29,1997
    13 words
  • Article
    Lock icon Dow down 90 at 1pm EDT
    68 1 Reuter [NEW YORK] The stock market reeled yesterday after an earnings warning from computer chip maker Altera Corp prompted jitters over the corporate earnings outlook. At Ipm EDT, the Dow Jones Industrial Average was down 90.04 points at 7,696.29. In the broader market, declining
    Reuter  -  68 words
  • Article
    CORPORATE RESULTS
    64 1 Interim earnings PBTffWb) CHANGE Cheung Kong J3.7 Hutchison 7.84 Cttic Pacific 6.14 «fl 'II" ■'J" "'4 -V J amuummKa Thursday Change 1MEOWP ***** -*.74 NIKKEI +U1 RANG SENG 14*7119 Mm SCTINOKX 511.71 -1U8 JAKARTA COUP HU7 28.09 MANILA COMP ._i»71J7 ***** TAIPEI WP! 1827.41 ML18 SfiOULOOMP ***** -H4J
    64 words
  • Article
    FINANCE
    64 1 81 t 8 mgZZim DM 0560 0.833 YBtMI_„, 1846 IJ80 MS MM MS Htt m» UN SAW MM MM BJI1AH 1M_ MM ton PUKE1ATES SD46ATOW U KUALA LUMPUR »J JAKARTA 18.# BUMKOK lit MANILA, 114 flOAGKDNG 8.7 TAtH .9.0 SYDNEY M TOKYO JJ 880UL 117 ZUIICB" 187 pianhwt- u
    64 words
  • Article, Illustration
    Lock icon Chaos in KL markets spooks regional bourses
    812 1  -  Today expected to be equally volatile after more late KL news, negative rumours By\ R Sivanithy [SINGAPORE] Chaos reigned in the Kuala Lumpur markets yesterday, dragging down all of the region's currencies and bourses. Even after the markets closed in Asia, the flow
    Bloomberg charta; Picture by CHRIS LOH  -  812 words
  • Article
    Dr M: state-owned funds read; to pump billions into market
    536 1  -  Curbs on lending of securities to fight short-selling From Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Dr Mahathir Mohamad has asked big local funds to buy stocks "actively" in a bid to inject life into the country's ailing stockmarket.
    536 words
  • Article, Illustration
    SingTech to merge 4 listed units, abolish foreign limit
    647 1  -  Merged entity will be biggest industrial group on SES By] Lee Han Shih (SINGAPORE! The government! inked Singapore Technologies (ST) group will merge four of its listed companies into an engineering giant and do away with the limit on foreign ownership.
    647 words
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      103 1 INSIDE JTChodmes jammed Jurong Town Corporation has been inundated with enquiries from foreigners looking for HDB rental homes, Pf 3 ■|_-L nmeiy review With the electronic road-pricing system craning up, a review of car import duties, the ARF and road taxes has never been more timely, **3 Asa's Corporate uHuun
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      9 1 Late night curbs create chaos at brokers, Pg 4
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      90 1 Markets In turmoil: More reports, Pg 4 All that the markets want of Malaysia, Pg 13 The Living Legend I HI m f Bf f .1 i^ Mfl IF~ I m 1 i 3 V P C. vii/r^K vA. World Premiere: Minute Retrograde jumping Hour Classic Retrograde Collection gerald genta
      90 words
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      Page 1 Advertisements Column 4
      11 1 Analysts' reactions, Pg 17 Craoialfor STEtowin confidence of sceptics, Pg 17
      11 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon NEC to invest $300m in chip plant here over next five years
      628 2  -  Company now assembling 64-megabit DRAM chips in STpore By, By Jennifer Lien and Annette Pau NEC, Japan's largest semiconductor company, will be investing about $300 million over the next five years to expand its Singapore plant, a senior
      CHRIS LOH  -  628 words
    • Article
      Delegation tours NEC Yokohama plant
      342 2  -  PM GOB nr JAPAN PM meets Hashimoto, addresses set-up of business council today From l Chuang Peck Ming fn Tokyo PRIME Minister Goh Chok Tong kicked off his working ♦isit here yesterday with a friorning tour of electronics $nd communications giant NEC's Yokohama plant. Accompanied
      342 words
    • Article
      Smart security system looking for new homes
      240 2 Imagine this. You are on your way home. You reach your block and the lift opens as you step in front of it. It Stops at your floor without you having to push any buttons. As you approach your apartment, your front door
      240 words
    • Article
      DuPont breaks ground for $140m lycra plant in Tuas
      437 2  -  Latest investment takes its SPpore commitments over $lb By] Ronnie Lim US chemicals giant DuPont has joined the billion-dollar investors club here, breaking ground yesterday on its fifth plant, which will be only its second worldwide to use state-of-the-art technology to
      437 words
    • Article
      Many safeguards for home-buyers
      207 2  -  LETTER TO THE EDITOR Ho Wing Yin I REFER to the letter headlined "Do home-buy-ers get consumer rights?" by Ms Tan Aileen, published on Wednesday. Home-buyers usually engage solicitors to act on their behalf and to advise them on their rights and obligations in the sale
      207 words
    • Article, Illustration
      Lock icon July visitor arrivals up 6.3%
      338 2  -  EYE OH THE ECONOMY Commerce By. Ang Wan May AFTER growing just about 3.6 per cent in the first two quarters of the year, total visitor arrivals picked up pace in July, increasing 6.3 per cent to 692,049. In all, Singapore received some 4.4 million
      Source: ETFE  -  338 words
    • Article
      DBS, UOB to offer Net banking soon
      299 2  -  Plans to allow clients to transfer funds, pay bills, check accounts By i Clarissa Tan COMPETITION among the banks for a slice of the Internet pie is hotting up, with two of the Big Four local banks saying yesterday they would be providing
      299 words
    • Article
      Foreigners jam JTC hotlines for more info on flat scheme
      381 3  -  Lower-than-market rental rates may be reason for deluge of enquiries By Diana Oon THE Jurong Town Corporation was yesterday inundated with enquiries from foreigners looking for HDB rental homes. Between 500 and 600 callers jammed JTC's hotlines from yesterday morning,
      381 words
    • Article
      STPB urges travel agents to liven up their day tours
      477 3  -  Board is offering to help with training, offsetting of some costs By. Ang Wan May TRAVEL agents here are being urged to take the z-z-z out of their staid day trips of the city and introduce some razzamatazz instead. The
      477 words
    • NEWS Roundup
      • Article
        Firm fined $30,000 over worker's death
        69 3 LKB Contractors Engineering has incurred a $30,000 fine, after it pleaded guilty to causing the death of a worker. It failed to ensure that a tower crane was erected according to the crane manufacturer's instructions. The crane fell, bringing down with it its operator
        69 words
      • Article
        Publisher launches Internet bookstore
        57 3 LOCAL publisher World Scientific yesterday launched an Internet bookstore, believed to be the first that is based in Singapore. But it has already sold 700 books worth $50,000 in the seven months it was running informally. The company's scientific editor, Lee Chi Wai, said the Internet
        57 words
    • Article, Illustration
      Making it more equitable for car owners
      678 3  -  COMXHMTAKT I With car usage costs rising, a review of import duties, AHP and road tax would be timely Christopher Tan IT IS heartening to know that the authorities are reviewing current car ownership measures to come up with an equitable formula that
      678 words
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      Page 3 Advertisements Column 1
      42 3 m 1 JB N <J* Ff or a total solution jr. approach to V V commercial and U2.' 7 industrial Hitachi Plaat air-conditioning. IMenMI J 0 M A r°s R p^^3 Tel: 222 0665 Fa*: 224 8358 Email: hpcsgr@cyberway.com.sg Website at http://www.hitachiplant.hbi.ne.jp
      42 words
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      Page 3 Advertisements Column 2
      117 3 ,m 1 r V I If* Mfe SI iv^S> J|#i f *r>-y'.*v $il«^H^ HEm^*' .h* 4 JW <"- n Hk.' -t r z |^^s'</su J v -fi&- kIV 1 yi'Mlllrilf i |j| iWissmy I MV* 7* p 1 1' fu -i -W&frf xi w:*. m |S imBRT b r ~.■*;.*?aMagfetofar%
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Ringgit hammered to lowest point since early '70s
      555 4  -  leavy selling of unit \ty US investment hanks in NT, London spills over to Asia By. Larry Wee [SINGAPORE] The Malaysian ringgit was forced down yesterday to its lowest point since it was floated in the early *****, with other regional currencies
      Source: Dow Jones Telerate  -  555 words
    • Article, Illustration
      Lock icon Late night KLSE curbs create chaos at brokers
      470 4  -  Member firms were not informed, says a broking house GEO From Eddie Toh in Kuala Lumpur THE move announced late on Wednesday night by the Kuala Lumpur Stock Exchange to prevent short-selling caught brokers by surprise yesterday. "The authorities did not inform
      REUTER  -  470 words
    • Article
      M'sian move slashes Philippine index by a record 9.3%
      348 4  -  From, Al Labita in Manila FOREIGN funds, jolted by Malaysia's move to curb shortselling, yesterday went on an unprecedented selling binge, dragging down the key Philippine index to its biggest-ever single day fall. "Call it a case of kicking a dead
      348 words
    • Article
      Baht drops on news of shrinking reserves
      333 4  -  From Harish Mehta in Bangkok THE baht tumbled to a record low of 34.30 to the dollar yesterday, while Thai stocks reeled as the Bank of Thailand revealed latest foreign exchange reserve figures showing a sharp drop to U5527.9 billion (5542.1 billion) at
      333 words
    • Article, Illustration
      Lock icon Indon stocks, rupiah plunge more than 4%
      353 4  -  From S N Vasuki in Jakarta INDONESIAN stocks and the rupiah fell sharply yesterday due to weak regional sentiment and continued concern over the economy. Analysts said that much of the selling, both of stocks and the rupiah, was done by locals worried
      Source: Bloomberg  -  353 words
    • Article
      Lock icon New rule damages KL's reputation
      490 4 Thrfthftngft b&ck-ped&ls on curbs; index loses 8% intra-day Bloomberg [KUALA LUMPUR] Malaysia's claims to be the next Asian financial centre are in tatters. On Wednesday night, in a botched attempt to bolster the flagging stock market, the Kuala Lumpur Stock Exchange (KLSE) restricted trade in
      Bloomberg  -  490 words
    • Article
      Hang Seng Index dives 4.2% on currency worries, rate hike fears
      294 4  -  From Quak Hiang Whai in Hongkong IN spite of bullish land sale results a day earlier, Hongkong could not escape the regional stocks' bloodbath yesterday as the Hang Seng Index plunged a massive 657.85 points or 4.23 per cent.
      294 words
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      123 4 Trading Companies: Are you still keeping stocks on spreadsheets, and doing accounts separately We know that it is difficult to operate your business without knowing the latest i fl| I stock position, the last buying price and the last selling price. Naturally, these must be kept on-line, and hence the
      123 words
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      314 5 ■UH i Lighten "Ifef j^ fl p *w* 4 m|j. v.3 .1 J -"4 .f i £4/' '\'^i hEI"' S 5. *16$.' w*mM mPBB Ql *'E%if?.sk §Bk£ v s jH Imi1«l#m1 ikllliii4p ifl jfl B Hk. HHK.^ ■g|| H^Hj^H I® PHIUPS T€l€sh@P J ids mk favys befof J H>B>"-| H
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  • FOCUS: ADVERTISING & MARKETING
    • Article
      Lock icon New IBM campaign thinks small
      655 6 Company spending US$4O million on worldwide effort aimed at owners of small businesses NYT [NEW YORK] Remember when IBM's watchword was "Think"? Now the giant computer company wants to think small, as in small business. IBM is bringing out what executives are describing as their
      NYT  -  655 words
    • Article
      MEETING PLACE
      129 6 Ovation Title VMM* Organiser Aug 26-30 Annual General Meeting Traders HotH Security Association of the Council of Singapore c/o International Mataguard Security investigators 1997 Sendees (S) Tet 337-3018 Sep 2-5 Information Superhighway Westin Stamford IDG CommunkatJore Swnmft Asia *97 Conf (WestinPWza Tft 345-8383 Sep 3-4 NetworkAsia97 SiCEC Singapore
      129 words
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      967 6 F!I9fRVRII BARCLAYS PLC ITS SUBSIDIARIES Head Office: 54 Lombard Street, London, EC3P 3AH Singapore Office: 50 Raffles Place #23-01, Shell Tower, Singapore *****3, Robinson Road P.O. Box 887, Singapore *****7. Tel: 224-8555. Barclays PLC Consolidated Profit and Loss Account Balance Sheets at 31st December 1996 for the year ended 31st
      967 words
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      91 6 L 9ae((al F FRANCO-SPANISH I f SEAFOOD &CHORIZO RICE POT J 1 ONLY AT 1 J Chef Xavier Morchoful South-Western France Ist time in Asia V" For reservation, please call 338-5308 We are located at 3 Temasek Boulevard, Suntec City Mall (Fountain Terrace) x v BJ-60, Singapore I (hm severe**.
      91 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Economic crisis to drag on for at least 2 years: Thai DPM
      438 7  -  BANGKOK New economic tsar stuns parliament, markets with his gloomy forecast By\ Harish Mehta THAILAND'S crippling economic crisis would drag out for at least two years, despite the US$l6 billion (5124.2 billion) International Monetary Fund rescue package, parliament
      REUTER  -  438 words
    • Article
      Lock icon Manila reviewing growth targets for year
      467 7 MANILA Peso fall, high bank rates, expected to affect economy AFP THE Philippines is reassessing its growth targets after official figures revealed here yesterday that the country suffered a slowdown in economic growth in the first half of the year. Poor gross national product
      AFP  -  467 words
    • Article
      Lock icon Suharto steps in to block govt shoe order
      130 7 JAKARTA AFP INDONESIAN President Suharto stepped in yesterday to block a ministry recommendation which effectively forced parents to buy children's shoes from a company owned by Mr Suharto's grandson. "The president does not agree with it (the compulsory shoe buying) at all,"
      AFP  -  130 words
    • Article
      TDB formally opens office in Jakarta
      327 7  -  JAKARTA S'pore's investments in Indonesia topped US$3Jb last year By\ S N Vasuki SINGAPORE'S Trade Development Board (TDB) formally opened its Jakarta office yesterday with trade ministers of the two countries reiterating their commitment to boost trade and investment levels. TDB's Jakarta office, its
      327 words
    • Article
      Lock icon Call for limit on Indon president's term
      171 7 ■JAKARTA Reuter AN Indonesian cabinet minister has said the country should limit a president's tenure to 10 years after President Suharto steps down, the official Antara news agency reported yesterday. "In my opinion, national leaders succeeding President Suharto, whose tenure, God willing, will
      Reuter  -  171 words
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      38 7 SPOFST 9000. nW M m m K m mM M m htdividii.il grades /<: /< 0 /a/ Takes you to the next millennium zzzz? and beyond. "TfjfTf f ■j- i J 14.5113.0 tyre maintenance program from r authorised Dunlop dealers.
      38 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Leading Taiwan tycoons reject oner to join cabinet
      564 8  -  TAIPEI Ttoy cite burdensome red tape and lack of efficiency among ministries as reasons By. Bruce Cheesman TAIWAN'S new prime minister Vincent Siew was given the cold shoulder by business circles in his bid to draft some of the island's most influential
      FILE PHOTO  -  564 words
    • Article
      Lock icon China sets up first Sino-foreign trade ventures
      346 8 SHANGHAI Mm will help Bering's bid to join WTO, say officials Reuter CHINA yesterday formally established its first Sino-foreign joint venture foreign trade firms in Shanghai, and officials said the move would help Beijing's bid to join the World Trade Organisation (WTO). China
      Reuter  -  346 words
    • Article, Illustration
      Lock icon The good life in Shanghai
      77 8 [SHANGHAI] A young migrant to China's largest commercial and industrial centre clipping a poodle in a central Shanghai animal beauty parlour on Wednesday. The young lady is in Shanghai because employment prospects there are better than in her small village. A shampoo, clip and blow
      REUTER  -  77 words
    • Article
      Lock icon China punishes 4 banks for slack practices
      225 8 SHANGHAI Poor monitoring opened door to crimes like embezzlement AFP CHINA'S central bank has penalised four state banks for slack monitoring practices that opened the door to millions of dollars worth of crimes including embezzlement, the China Security News reported yesterday. In a
      AFP  -  225 words
    • Article
      Lock icon 26 people held in HK loan scandal
      156 8 HONGKONG AFP HONGKONG's anti-graft squad said yesterday it had rounded up more than two dozen people linked to a business loan scandal, in the first major case of corruption since the territory's handover. Twenty-six people were detained in a five-day operation into a
      AFP  -  156 words
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      964 8 BUSINESS Notices To advertise call toll-fret 1800-741 1883 cm CWT Distribution Limited Announcement Interim Results The Directors of CWT Distribution Limited wish to make the following Announcement: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1997 CROUP COMPANY Half Year Half Year Half Year Half Year Ended Ended Ended
      964 words
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      183 8 KEONG HOLDINGS PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Creditors and Members of the abovenamed company will be held at 151 YioChu Kang Road Singapore *****1 on
      183 words
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  • ASIA
    • Article
      Lock icon Australian current account gap well below forecast
      260 9 SYDNEY AFP AUSTRALIA'S current account deficit for the year to June came in well below the budget forecast, Treasurer Peter Costello said yesterday. "The US$l6.5 billion (Ss2s billion) was significantly better than the US$2O billion forecast in the budget," he said in a
      AFP  -  260 words
    • Article
      Japan opens international Internet phone services
      386 9  -  TOKYO Move to allow foreign carriers to link up with local firms likely to cut user charges By. Anthony Rowley JAPAN yesterday announced the liberalisation of its market for international Internet telephone services, so that foreign carriers can link up with domestic carriers in
      386 words
    • Article
      Lock icon South Korea may scrap anti-bankruptcy accord
      289 9 SEOUL AFP SOUTH Korea's economic tsar Kang Kyong Shik said yesterday the government is considering scrapping a controversial government-initiated programme aimed at preventing corporate failures. "The pact is under review, although no decision has been reached yet over whether to keep, revise or abolish
      AFP  -  289 words
    • Article, Illustration
      Lock icon Jurassic plastic
      42 9 [TOKYO] Huge inflated dinosaurs and animals stand tall, towering above visitors at an American Balloon Fair in Tokyo yesterday. The event is being held to promote rentals of inflated balloons and balloon costumes for both business and personal purposes. REUTER
      REUTER  -  42 words
    • Article
      Lock icon Strike paralyses India banking system
      279 9 BOMBAY Protest by Lsm staff against increasing bank privatisation AFP INDIA's banking system was paralysed yesterday as 1.5 million staff began a two-day strike to protest against the increasing privatisation of the financial sector. "The strike is 100 per cent successful," said S S Dhopeshwarkar,
      AFP  -  279 words
    • Article
      Lock icon Hashimoto eyes second term
      111 9 ■TOKYO Reuter PRIME Minister Ryutaro Hashimoto yesterday declared his candidacy for a second two-year term as head of Japan's ruling party, a post which carries with it the premiership because of the party's dominance in parliament. "If I may be given the chance, I would like
      Reuter  -  111 words
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      114 9 1 '^H > I jj^^H i Tel: 338 3512, 334 3612 Fax: (65) 334 8110 AllAoaiiad Dealers: Wai Cheong Tailor, SHangrilla Hotel Tel: *****92 ED Kwun Tailor, Westin Stamford/Plaza Tel: *****19 Meiko Tailor, Pan Pacific Hotel Tel: *****11 Mode et Creation, Far East Shopping Centre Tel: *****02 International Custom Tailor,
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      27 9 vt r V* vwt i r?ityttir l nm 111»» 1 vT .1- jV% V MjfM.: »»•->' J ?:■-ryl r •> r :f fc I f| :jT i jL f >'
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      1324 10 Uiillj BANQUE NATION ALE DE PARIS I HEAD OFFICE: 16, Boulevard des Italiens ***** Paris, France BRANCHES IN ASEAN: Branches in Singapore, Malaysia (Labuan), Thailand, Vietnam Representative I I Offices in Indonesia, Malaysia, Vietnam, Myanmar, Offshore Banking Unit in Philippines SUBSIDIARIES IN ASEAN: BNP International Financial Services (Singapore) Limited, I
      1,324 words
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  • THE WORLD
    • Article
      Lock icon Faster-than-expected 3.6% Q2 growth for US economy
      400 11 WASHINGTON Inflation manages to stay low but growth in corporate profits slows Bloomberg THE US economy grew at a faster pace in the second quarter than previously estimated, government figures showed yesterday, though it still failed to match the first quarter's advance. Inflation,
      Bloomberg  -  400 words
    • Article, Illustration
      Economic renaissance in the Baltic
      860 11  -  EUROPEAN VIEW St Petersburg could sain from Its location and tap the region's boom By Kevin Sullivan Reports from Moscow this week that President Boris Yeltsin has ordered his defence supremo Yuri Baturin to visit the Mir space-station may have raised a frisson of concern
      860 words
    • Article
      Lock icon US minimum wage hike on Monday
      295 11 WASHINGTON Bat wage rise seen hairing minimal impact on inflation Bloomberg [WASHINGTON] A 40 US cent increase in the US minimum wage kicks in on Labour Day, yet economists and investors say they will need a microscope to gauge its effect on inflation. The
      Bloomberg  -  295 words
    • WORLD Watch
      • Article
        Lock icon Japan-US air talks stalled
        74 12 Bloomberg [TOKYO] Aviation trade talks between the US and Japan remain in a stalemate over the issue of "open skies", a Japanese official said yesterday, squashing speculation the two countries are close to agreement. Japanese Transport Ministry spokesman Toru Miyashita said the US continues to insist,
        Bloomberg  -  74 words
      • Article
        Lock icon UK to get tough on drug barons: Cook
        77 12 AFP [KUALA LUMPUR] British Foreign Secretary Robin Cook launched a sharp warning yesterday saying his government was to get tough on drug barons and had ordered intelligence agents to crack down on international trafficking. In a scathing attack, he singled out Myanmar
        AFP  -  77 words
      • Article
        Lock icon Russia cancels major Exxon oil deal
        62 12 AFP [MOSCOW] The Russian authorities have cancelled a major contract with Exxon Corp to develop huge oil deposits in the far north of Russia, government officials said here yesterday. "Exxon, which won the tender, failed to respect the terms laid down," said a spokesman
        AFP  -  62 words
    • Article
      Lock icon Buba chief calms concerns over German rate hikes
      363 12 FRANKFURT Tietmeyer says he doesn't have enough evidence of rising inflation Bloomberg [FRANKFURT] Europe is hearing some reassuring words on German interest rates from an unlikely source: Bundesbank president Hans Tietmeyer. Any decision on rates by the Bundesbank is still an "open
      Bloomberg  -  363 words
    • Article, Illustration
      Lock icon Ketchuping up
      51 12 [BUNYOL, Spain] A FESTIVAL reveller lying in tomato pulp cu he spoke into a telephone after the annual "Tomatina the biggest tomato fight in the world, in the eastern Spanish village ofßunyolon Wednesday. Some 100 tonnes of tomatoes are used in theflght until they are reduced to pulp.
      REUTER  -  51 words
    • Article
      Lock icon Germany plans to kick state subsidy habit: Waigel
      434 12 BONN Despite aims, aid to companies will rise to Ilsb marks this year Reuter GERMANY said yesterday that it wanted to kick an addiction to state subsidies which it picked up when trying to revive the run-down economy of the formerly-communist east
      Reuter  -  434 words
    • Article
      Lock icon France's July trade surplus hits record high of 18.8b francs
      265 12 PARIS Bloomberg FRANCE'S trade surplus unexpectedly widened in June, reaching a record high, as a strong dollar and growing demand for French goods in Europe boosted exports while weak demand at home depressed imports. The surplus rose to 18.78 billion
      Bloomberg  -  265 words
  • Page 11 Advertisements
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      85 11 w^VMSBS It v^VI^V I II WW) a worldwide team of 250 muM-disdpHned professionals and I a network of international offices, OCRA provides confidential and cost effective company formation in ail the major low tax areas I including: MIiaiIIMHBHHBHMIMMHH Fun Professional after sales services provided. For a FREE copy of our
      85 words
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      Page 11 Advertisements Column 2
      167 11 If it's not for the ICE 'N' WATER dispenser, you would probably mistake it as a cabinet. /§mana Refrigerator/Freezers ■BPr F *Hi J I f I I I ll I ■I i l I Presenting the totally built-in look by It's little wonder then that Amana is the preferred brand
      167 words
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      Page 11 Advertisements Column 3
      204 11 I MADE IN GERMANY SINCE 1842^ The hallmark of Offermann is restrained elegance. This superior Business case provides optimal performance due to its strength, layout and lightweight construction. Matt-block combination locks ensure easy use and high security. A special additional feature is a Shirt Bag, which fits inside all the
      204 words
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      1609 12 Australia and New Zealand Banking Group Limited A. C. N. 005 357 522 Financial Statements for the ANZ Banking Group Limited and its controlled entities for the year ended 30 September, 1996 CONSOLIDATED THE COMPANY CONSOLIDATED THE COMPANY 1996 1995 1996 1995 1996 1995 1996 1995 AUD4A AUD-M AUD-M AUD-M
      1,609 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      All that the markets want of Malaysia
      803 13  -  BOTTOM LDVE OPINION By Vikram Khanna The writer is BT's economics editor IN the wake of the renewed plunge in the ringgit and the KLSE index yesterday, the question is being asked: What do the markets want Malaysia to do? Malaysia has indeed
      803 words
    • Article
      IN OTHER WORDS
      110 13 'He was the man who, more than any other, changed the direction of modern culture. Yet now, 20 years after his death, he is forever cast in the public mind as Burger Beast.' -HieGiurdiui on images of Elvis Presley in his later, fatter years. 'Sometimes people say
      110 words
    • Article
      High stakes defence game
      615 13 EDITORIAL CHINESE Premier U Peng's statement last week that it is "utterly unacceptable" for Japan to intend providing US military forces with backup support in the event of hostilities between China and Taiwan has to be viewed as a predictable move in a high-stakes poker game.
      615 words
    • Article, Illustration
      Lock icon Caught up in the Net
      1155 13  -  Behind BT-MCI merger lies profound changes in world hnriiKMMj including threat from the Internet By, Alan Cane FT WHY have British Telecommunications and MCI, the sec-ond-largest US long-distance telephone operator, moved to cement their alliance with such to their critics, indecent haste? Last week, the
      FT; REUTER  -  1,155 words
    • Article
      Why so many 'isolated incidents'?
      368 13  -  mahaoi Benny Ho IT is amazing to see so many responses to Patrick Ngai's letter about physical and verbal abuse against Asians in Australia (BT, July 22). So far the responses (from ordinary Australians to their High Commissioner in Singapore) have been to deny, to
      368 words
    • Article
      WHAT THE OTHERS SAY
      384 13 Australia has hit a wall AUSTRALIA, which fought with America in every war this century and is just a few stepping stones away from Japan, China, India and Indonesia, is vital to the West, which cannot afford poisons like Hansonism in its ally's veins. "The world
      384 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      70 13 DOOHESBUBY By Garry Trudeau J MAPS UP A LITTLE UST fTtLAC&Y. OF ALL- Of TH£ PROS ANPCCNS I OKAY? MAPS MY- I I'M COMING COUiP YOU. iM jtyzgeeti I PUT THE PRQS IN ONE COL- I I SELF A I nl CMERFCR PEAR*UJEII ~FT PONPEPJN6 UMN, means IN ANOTHER, I
      70 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      China's coveted green and pink
      1035 14  -  COLLECTOR'S Item Coloured enamels are applied on white porcelain to produce the prized famille verte and famille rose pieces, explains lo uhihkm LU CHISEN Enamelled wares are basically coloured enamels on white porcelain. There are, broadly, two groups; famille verte and famille rose, named after
      1,035 words
    • Article, Illustration
      Musical mystery at the Raffles
      441 14  -  MUSICAL By' Tan Su Yen [SINGAPORE] A baby abandoned on the steps of Raffles Hotel, a murder most foul and all the intrigue of a Peranakan household all these ingredients and more will go into a specially commissioned whodunnit to mark Raffles Hotel's 110 th
      441 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      1365 14 SuftenSowl I SUPERBOWL HOLDINGS LIMITED I (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Members of the Company win be I held at the Meriion Room, Superßowl Golf and Country Club, 6 Marina Green, Singapore
      1,365 words
    • Advertisement
      Page 14 Advertisements Column 2
      51 14 I a 1| ORCHARD CAFE Asian bistro with a touch of Europe comes to the Orchard H Taste our Philosophy Look out for this space next Friday orchardOhotel SINGAPORE 442 ORCHARD ROAD. SINGAPORE *****9. TEL; 734 7766 FAX; 733 5482 E-MAIL orcharde#>singnet.com.sg A member of the CDL Hotels Croup I
      51 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      667 15 Home Decor i For people who love their homes Where to wine, dine and entertain... What tetter way to celebrate a great week than Sunday Brunch at Hie Cafe-in-The-ft rk? Enjoy the (inert hrunch and lervice at only $28* per adult (only $14* (or the bids). Then toast your good
      667 words
    • Advertisement
      Page 15 Advertisements Column 2
      91 15 24-hour Coffee House I*l floor The CHicken Rice Capital Of The World i--'- 111 C-- 333 Orchard Road. Singapore *****7. Tel: 737 4411 Our r«i xus moe+e*bes b«cfc Pram If H«wUew>< Qrem <Wtf CUeP >k"j oftgr mi-MthiW Aeficmcy, beMtaHPwßy fe lenity mU W«h>j. Te or Ac, c«R fJ I 46
      91 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      719 15 jl TV&BADIO Game: Woody AUen plays BJO Doktor. 1 U itfITTiTTSnBMII^^— a college professor who re- 10.30 The Deity. P® TV Innovations. examines his relationship IL3O TV Innovations. IHBSF aM Spe Winners. with his wife and his infat- L3O AM Close. MSB: #0 ■oney.Money, Money. uations when his close IT.-;
      719 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      181 15 CBYPTIC CROSSWORD ACRQBR dance (7) __|Bl fIL MP" crushes aren't nice (9) 13 Dicky tarries, the Little beast! YEOTERDAYT3 SOLUTION DOWN (7) 2 A hold-up caused by mob rage 15 A painter pores over a cata- L U A U O^^^LJp y E U N (7) logue (9) lomsmulßlßMAlßlumfTEtßl 3
      181 words
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  • ASIA'S CORPORATE LEADERS
    • Article, Illustration
      Lock icon Poosana's vision for TAC, Thailand
      1380 16  -  TAC chief talks about the company, the economy and the future to HABISH mehta HARISH MEHTA POOSANA Premanoch is an early riser. "Dr Poosana will see you before 7am. Would you like to come at 6am?" asks his assistant. The meeting is fixed for 7am.
      FILE PHOTO  -  1,380 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      23 16 BMMMMMHMM^HMMMMMMMMMMMiMMM^MM MMMM!MM^MWHMMMMMM■■■^^ ■»HM >/?**■^VJ' 1 4--. i > PUTTING TOTAL COMPUTING SOLUTIONS WITHIN YOUR REACH Hci It C h ;11ci i You' L V-
      23 words
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  • COMPANIES & MARKETS
    • Article
      Mixed response over merger of SingTech units
      481 17  -  Analysts uncertain S&bscit impact on 3ST Aerospace Shareholders Ifl* Annette Pau •SINGAPORE] Analysts' reacj&ion# were mixed over Singa«£>Or& Technologies' move to ■■k its four listed engineerSdErompanies into a single enKjNQhat would be capitalised HBp billion by year's end. were also uncertain Biow it
      481 words
    • Article, Illustration
      Tibs' interim loss dips to $1.46m
      246 17  -  By l Christopher Tan [SINGAPORE] Public transport operator Tibs Holdings suffered an interim net loss of ft 1.46 million, slightly less than Bvhat it incurred in the same feeriod last year. jfc, Group turnover rose nearMNPfbr cent to $84.32 million Hue to growth in
      246 words
    • Article
      Pidemco to float in 3-5 yrs after assets abroad are built up
      353 17  -  By] Lee Han Shih [SINGAPORE] Pidemco Land, although already one of the biggest property companies here, will only be ready to go public in perhaps three to five years, said its top executive. "We do not want it
      353 words
    • Article
      Crucial far ST Engineering to win confidence of sceptics
      656 17  -  HOCK LOCK SIEW Lee Han Shih am mm E are not forming conglomerBoon 1W Swan Foo insisted. "We are an engineering company." Mr Boon was talking to this writer at the DBS auditorium yesterday, after an hour-long press conference announcing the
      656 words
    • Article, Illustration
      Lock icon Listing nod for Inchcape's marketing services unit
      276 17  -  IPO WATCH Byl Christopher Tan [SINGAPORE] Inchcape Bhd has received in-principle approval from the Stock Exchange of Singapore for an independent listing of its marketing services division. The move to separate marketing services and motor distribution its other core business will now be
      FILE PHOTO  -  276 words
    • Article
      NatSteel Electronics gets listing approval
      381 17  -  Details of mainboard listing likely to be ont next week By I Sow Li Sen [SINGAPORE] Nat Steel Electronics Pte Ltd, a subsidiary of Nat Steel Ltd, yesterday received in-principle approval from the Stock Exchange of Singapore (SES) for a mainboard listing. The company, which
      381 words
    • COMPANIES
      • Article
        Amcol's judicial management extended by 3 months
        435 18  -  Move will allow judicial managers to settle outstanding issues Byi Conrad Raj [SINGAPORE] The judicial managers (JMs) of Amcol Holdings have secured an extension from the High Court in their management of the former property developer and consumer electronics distributor for another three
        435 words
      • Article
        Lock icon Amsteel opens S'pore brokerage via Philippines
        482 18 More expedient this way, says S'pore unit's chief executive Bloomberg [SINGAPORE] Malaysia's Amsteel Corp Bhd went through its Philippine unit to win approval to open a stock brokerage in Singapore, said the brokerage's chief executive. Amsteel avoided potentially time-consuming approvals at the Kuala Lumpur
        Bloomberg  -  482 words
      • Article, Illustration
        Lock icon This radio may make a splash
        50 18 [TOKYO] A Sony promoter showing off on Wednesday a water-proof portable radio ICF-B2oo— powered by an internal generator. Japanese high technology giant Sony will start selling the radio on Sept 1 for particular use in natural disasters at a retail price ofl2,oooyen (Sslso). AFP
        AFP  -  50 words
      • Article
        Lock icon Ka Wah Bank to sell HK$1.3b in stock
        144 18 Bloomberg [HONGKONG] Ka Wah Bank Ltd, a Hongkong bank controlled by China's government/ is selling HK$l.25 billion million) worth of shares to expand its Hongkong bramch network and to buy new headquarters, its bankers said yesterday. The company, which requested that its
        Bloomberg  -  144 words
      • Article
        Singapura Building Society wooing stock investors
        249 18 [SINGAPORE] Main boardlisted financier Singapura Building Society has launched a scheme to woo stock investors back into the flaccid market. Besides a competitive annual interest rate of 7.625 per cent which is believed to be among the lowest in the market Singapura's revamped share-financing
        249 words
      • COMPANY Briefs
        • Article
          Super Coffeemix posts $5.3m profit
          116 18 [SINGAPORE] Sesdaq-listed Super Coffeemix improved its half-year gain by 5 per cent to $5.36 million on a flat growth in turnover of $52.22 million. Earnings per share on a fully diluted basis came to 2.1 cents. The company said that although exports remained strong, sales
          116 words
        • Article
          CWT interim up 9% to $3.8m
          102 18 [SINGAPORE] CWT Distribution posted half-year earnings of $3.77 million, up 9 pa- cent from the interim last year. Turnover also rose 9 per cent to 981.06 million, boosted mainly by better sales of subsidiary CWT Globelink. Earnings per share on the existing share capital'
          102 words
        • Article
          CSA sees net rise 1.3% to $4.7m
          82 18 [SINGAPORE] CSA Holdings ended Its first half with net earnings of $4.67 million, up 1.3 per cent Turnover roee 5.9 per cent to $225.33 miHion despite a less than satisfactory performance of its North American operations. Earnings per share rose to 3.66 cents
          82 words
        • Article
          Lock icon Ayala ties up with S'pore firm
          74 18 AFX-Asia [MANILA] Ayala Land will set up a joint venture with LAI Asia of Singapore to build and operate family entertainment centres throughout the Philippines. In a statement yesterday, Ayala Land said a new company, to be called Leisure and Allied Industries (Philippines), will
          AFX-Asia  -  74 words
        • Article
          Lock icon Ayer Hitam plans bonus issue
          74 18 Bernama [KUALA LUMPUR] Ayer Hitam Planting Syndicate Bhd has proposed a bonus issue of 99.8 million new shares of Mfl each on the basis offbur-fbr-one.lt said in a statement the issue will increase the company's Issued and paid-up capitaL Such an increase would bring its
          Bernama  -  74 words
        • Article
          Corrections & Clarifications
          44 18 Corrections Clarifications IN the article "Fireworks expected at Metalock AGM" dated Aug 26, we said Robert Tan Kah Boh is a senior partner of Price Waterhouae. This Is incorrect Mr Tan retired from the firm on July 18. We are sorry for the error.
          44 words
      • Article
        SNP, Hiap Moh to set up Manila investment house
        324 18  -  Services to include corporate financing, securities indemnity, venture capital By i Clarissa Tan {SINGAPORE] SNP Corp and its associated company, Hiap Moh Corp, have agreed with several parties in the Philipines to set up an investment house in that country. The
        324 words
      • Article, Illustration
        Lock icon Indofood's interim profit up 45% to 240b rupiah
        368 18 Rupiah depreciation seen affecting earnings growth Reuter (JAKARTA! Indonesia's largest noodle and snack-food maker PT Indofood Sukses Makmur, in which Singaporelisted QAF Ltd is taking a controlling stake, said yesterday that it booked a net profit of 240 billion rupiah (*****.8 million)
        Reuter; Source: Bloomberg  -  368 words
      • Article
        Lock icon Barney's delays signing sale with Dickson for 3rd time
        278 18 Bloomberg [NEW YORK] Barney's Inc will wait at least 10 more days to sign an agreement on the sale of a 51 per cent stake to Hongkong's Dickson Concepts International Ltd, the third postponement. The upscale retailer, which entered bankruptcy proceedings
        Bloomberg  -  278 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Li assures dividend growth
        572 19  -  Cheung Kong and Hutchison deliver unexciting results; tycoon says dividends will keep going up Frorrv Quak Hiang Whai in Hongkong LI KA-SHING'S Cheung Kong Holdings and Hutchison Whampoa yesterday unveiled unexciting interim results. But the property tycoon remains confident about future profitability, saying he plans to
        572 words
      • Article
        Lock icon Citic Pacific reports 23% rise in interim net profit
        372 19 AFP [HONGKONG] Citic Pacific, viewed as mainland China's investment bridgehead in Hongkong, yesterday announced interim net profit of HK$6.l4 billion (Ssl.2 billion) up 23 per cent on the same period last year. Sales in the first half of 1997 were HK$B.52
        AFP  -  372 words
      • Article, Illustration
        Lock icon Lufthansa's 1st-half pre-tax profit more than triples
        378 19 Best interim results prompt analysts to redo their sums Bloomberg (FRANKFURT] Deutsche Lufthansa AG, Germany's national airline, said first-half pretax profit more than tripled, beating expectations, as all divisions contributed to earnings. Shares of the German national carrier surged as much as 5
        Bloomberg; Source: Bloomberg  -  378 words
      • Article
        Lock icon Mexico building firm defaults on US$10.4m Eurobond interest
        484 19 FT [MEXICO CITY] Grupo Mexicano de Desarrollo (GMD), one of Mexico's largest construction companies, is facing the threat of bankruptcy after defaulting on a US$lO.4 million (5515.75 million) interest payment on an outstanding Eurobond. It was one of Mexico's biggest corporate defaults
        FT  -  484 words
      • Article
        Lock icon Daewoo to invest up to US$1b in Algeria
        204 19 FT [LONDON] South Korea's Daewoo group on Wednesday signed a memorandum of understanding with Algeria's ar-my-backed government promising to inject the first sizeable foreign investments into the country's battered industrial sector. Algerian officials said on Wednesday that the Daewoo delegation visiting Algiers
        FT  -  204 words
      • Article
        Lock icon Internet standard delay may hurt 3Com sales
        333 19 But US firm says sales of modems still growing strongly Bloomberg (SANTA CLARA, California] 3Com Corp's sales growth may be temporarily held back by delays in setting an international standard for new high-speed Internet communications, a Wall Street analyst said on Wednesday. 3Com
        Bloomberg  -  333 words
      • Article
        Lock icon Hagemeyer to buy 2 firms to boost sales by 22%
        454 19 Bloomberg {NAARDEN, Netherlands] Hagemeyer NV, a Dutch trading company, said it will pay about 1.3 billion guilders (*****.1 million) to buy two companies, one in Australia and one in Scandinavia, that will boost sales by about 22 per cent. Hagemeyer
        Bloomberg  -  454 words
    • FINANCE & COMMODITIES
      • Article
        OCBC to limit customers to only one credit card
        306 20  -  Move may be due to credit spending curbs imposed by HAS last year, says source By l Clarissa Tan [SINGAPORE] OCBC Bank has decided to limit its customers to just one credit card either Visa or Master Card. And if other
        306 words
      • Article
        HDB shophouses: Keppel Bank offers 100% deal
        143 20 [SINGAPORE] KEPPEL Bank yesterday launched a special 100 per cent financing package for 30-year leasehold HDB shophouses. The bank was the first to offer a special financing package for the shophouses. Keppel is offering to finance fully the market value of the HDB
        143 words
      • Article
        Lock icon Norwegian petro fund to invest globally
        207 20 FT [LONDON] The Norwegian government's petroleum fund, the first big national investment vehicle to be created this decade, may take stakes in as many as 2,000 companies worldwide as part of a broad diversification policy. Tens of billions of dollars in Norwegian oil revenues
        FT  -  207 words
      • Article
        Lock icon US mutual funds face growth crisis
        356 20 Their colossal size makes them harder to manage efficiently AFP [NEW YORK] US mutual funds, giants of the financial market, are clearly in a growth crisis as evidenced on Wednesday when Fidelity Investments closed star performer Magellan to new investors. Since mutual funds began
        AFP  -  356 words
      • Article
        Lock icon Euroyen, JGB extend bull run
        233 20 SOSEXReport Reuter (SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures extended their bull run yesterday, brushing aside fears the market might have hit a ceiling given the outlook for steady rates in Japan. September JGBs touched a high of 128.00 before backing off to
        Reuter  -  233 words
      • Article
        Futures see record 7,933 contracts traded
        173 20  -  MSCI TAIWAN FUTURES By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd (SINGAPORE] The Simex MSCI Taiwan Stock Index futures traded a record 7,933 contracts yesterday, surging ahead of the previous record of 4,575 set on Wednesday. Open interest remained a high 10,906
        173 words
      • Article
        Lock icon Only cold winter can boost refiners' profit
        269 20 ENERGY REPORT Reuter [SINGAPORE) Currency turmoil, typhoons and high stocks have conspired to paint a bleak fourth quarter for Singapore refinery profit. Analysts said yesterday that the only salvation is hope for a cold winter to boost demand. Over the past two years,
        Reuter  -  269 words
      • Article, Illustration
        Untitled
        1319 20 mTHRBAMKCTOSSEATBS Aug 28 *1 CI fc» ECU Fir 9m mJ0am V imi g U2114i9iw Ziitt &3W ytClJg Carwda 0.973 5.984 0.646 4.406 1309 5.576 26.207 ***** 0.652 6.495 2.079 IM 29.227 ***** 1081 1395 at!! China 0.163 0.167 0.111 0.737 0.219 0.932 4.380 3526 0.142 L085 0347 0*7 4884 3.619
        1,319 words
      • Article
        Lock icon CURRENCY REPORT
        283 20 Reuter AFP London THE US dollar fell through the 1.80 level against the mark, reaching a low of 1.7915 in late afternoon London trading, as a stronger-than-expected revision to second quarter US GDP failed to offset the effects of a sharp sell-off in US equity markets, dealers said.
        Reuter; AFP  -  283 words
    • Article
      WORLD STOCK MARKETS
      2312 21 LOHPOH Industrials >Hi» N«l AB Ports 281.400 -4 Abbey National 838.400 -.600 Allied Domecq 4M 5.600 Amec 142.400 -7 ASO* Group 147 -.600 BAT tad 516.400 -10.600 BGPIc 263 1 BKC 169.400 1.400 BOC Group 1091 -15.400 BR Petroleum B77 1.600 BTB 205.400 -5 Bank of Scotland
      2,312 words
    • Article
      COMMODITY PRICES
      1783 21 S100M FUTURES Aug28 RU88CR (futures doling m it 5J0pt) RSS1 CONTRACTU cMtVty Close VoKmm Open Month Htg Low Sott (tonnes) Interest Sep 97 138.75 138.75 138.50 50 350 Oct 97 140.50 1450 Nov 97 143.50 1600 OK 97 146.00 1950 Jan/Mar 98 152.50 152.00 151.75 300 5835 Apc/Jufl
      1,783 words
    • Article
      Lock icon TOKYO
      1627 21 AFP Q Nikkei 225 HJi JAPANESE share prices edged up yesterday, with short-covering in high-tech issues reviving buying interest in early trade, brokers said. The 225-share Nikkei Average rose 9.51 points to end at 18,451.45, but the broader Topix Index closed 4.68 points lower at 1,438.10. Turnover was an
      AFP  -  1,627 words
    • Article, Illustration
      Lock icon HONGKONG
      1603 22 AFP QHangSeng -657.85 A FRENZIED surge in Hongkong stocks powered by the July 1 handover ended abruptly yesterday with a 4.2 per cent decline. Analysts blamed turbulence in stocks and currencies around South-east Asia and rumours of a hike in local interest rates. "It's a regional impact. It's a
      AFP  -  1,603 words
    • Article, Illustration
      Lock icon CHINA
      631 22 Reuter n Shenzhen B Index -132 THE Shenzhen B share market closed lower on profit-taking yesterday, pressured by sharp falls on the Hongkong market. The B Index ended down 2.32 points at 146.59 on turnover of HKSI77 million. The A share market fell 0.37 point to 394.52, with turnover
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  631 words
    • Article
      Lock icon TAIPEI
      392 22 AFP QWPlnfex -22X18 SHARE prices finished 2.2 per cent lower yesterday after Taiwan Governor James Soong took the most votes in the ruling Kuomintang's central committee selection process. "Soong's surprise victory triggered concerns over a possible political infighting in the ruling party," said a dealer. Mr Soong has been
      AFP  -  392 words
    • Article
      Lock icon WELLINGTON
      251 22 Reuter Q Wellington ♦113» SHARES rose yesterday, but brokers said investors seemed reluctant to commit themselves. The NZSE-40 Capital Index added 14.36 points to 2,487.89 on turnover of NZ$3B.6 million. Reuter A* us row ANZ Banking 11.65 0.10 4955 Atfvpntpgn HMgi 0.M 0.03 ***** Ale Not ZMtand (A) 2
      Reuter  -  251 words
    • Article, Illustration
      Lock icon BANGKOK
      827 22 AFP Q SET Index -IUB SHARE prices dropped 2.3 per cent yesterday on foreign selling of bank shares following the central bank's announcement of economic data and a weakening of the baht. Analysts said that although the economic data was as expected, investors were worried about the next steps
      AFP  -  827 words
    • Article
      Lock icon SEOUL
      404 22 AFP CI Oompoatg Index -13.42 SHARE prices fell yesterday on concern over cash flow problems at some companies. Dealers said the government's move to review the corporate insolvency protection pact among banks added to the downward pressure because of worries that there might be more corporate failures. The Composite
      AFP  -  404 words
    • Article
      Lock icon SYDNEY
      592 22 Bloomberg FlADOrdmiriei +4JB STOCKS closed slightly higher yesterday as concern that US equities may be headed for a tumble limited gains from higher-than-expected company earnings. "Some of the results have been very good," said a trader. "The market seems to be more worried about New York." The All Ordinaries
      Bloomberg  -  592 words
    • Article, Illustration
      Lock icon JAKARTA
      743 22 AFP D Composite Index -25.09 SHARE prices fell 4.5 per cent yesterday on heavy selling pressure amid concerns over the local currency and weakness in regional markets. The Composite Index lost 25.09 points at 530.37. Turnover was 318.9 million shares worth 393.8 billion rupiah. "This is a sentiment-driven market
      AFP  -  743 words
    • Article
      MANILA
      315 22 Q Manila -212.06 SHARE prices fell 9.3 per cent yesterday, which brokers attribute to the release of disappointing economic figures for the first half of the year. The PSE Composite Index fell 212.06 points to 2,071.97. Turnover was 4.4 billion shares worth 2.7 billion pesos. GNP growth for the
      315 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares plunge on trading curbs
        291 23 AFX-Asia nOompoatglndei -35.74 SHARE prices closed sharply lower yesterday, as investors sold down the market following the KLSE's implementation of trading restrictions on the 100 component stocks of the leading index. Dealers said the stock exchange's move to impose a delivery-before-sales ruling and subsequently to
        AFX-Asia  -  291 words
      • Article
        Untitled
        252 23 Up Dowi Uncti Cohmmt pre 1 54 0 Mpr# 2 87 1 Con* traction 0 27 o Tr«*VS«c I M 1 Mrostra 0 4 0 riMM* i u 2 Hotat 0 S 0 Pretwty 2 64 0 PtwiteOon 3 14 1 MMog 0 7 0 Trwt 0 4 0 LOW
        252 words
      • Article
        Untitled
        8495 23 INDUSTRIALS Cmswmt pritati IMI Last VM Dey Me« Cap w*s i— cinm f* •ooo mh> u» p/t %mm 790 400 AJinomete 412 SB 14 4S0 400 22.8 167.0 44* 231 Angkas4 240 -27 88 263 231 7.1 353.9 905 430 ApoPoFoodMg 450 -120 96 530 430 13.1 WOO 765 372
        8,495 words
    • WARRANTS&OPTIONS
      • Article
        MIDF warrants look appealing but care needed in present climate
        190 24  -  WARRANT WATCH By] R Sivanithy THE bloodshed yesterday has thrown up screaming buys all over the market. Of course, given the current climate, this applies to only those with deep pockets and nerves of steel. We would not suggest anything
        190 words
      • Article
        Untitled
        3632 24 BONOS, LOANS WARRANTS WT ,997 Last Vol Dav La»t Ouota Avg M«)h Low Stn* Company Sal* *t- <'000) MI9I1 Law Puyar llBlf M»» 68 34 m 3000 m AMDS c5.5******6 34 -3 30 36 34 32 42 81 41.5 3160 Actf ******1USS 55 -9.5 '34 64 55 56 58 131
        3,632 words
    • Article
      CLOB INTERNATIONAL
      2352 24 MALAYSIAN STOCKS Of Or 1997 Last Vol Day Last Quota Otv Ov YM N«t M Cap Htgft Low Stno Company SM rOOO) High Low Buyar Sa«ar Cw P/t >m<l "478 ii ms 5000 A1S850c 181 N 171 198 181 180 183 5.0 4.9 0.7 396 185.7 137 61.5
      2,352 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1495 25 TUMOVR rOOO) VAlUi 0000) tMi» cm rtm turn im t«w SIJ44 60.5*9 *2,131 2 i!!52 nMM* *2W 21,a*2 4\0» OV4M JW44 143.U# tWM Uw S.«00 tJM9 i.020 4Mt WIJ Pr<W«rti.« KH743 *.»TS 2*7* S».l34 *M! 75.JW MtrtMton 5,5V® UN W0« M08 MMlf Sia «n '.030 1.030 ■(.W 4,«41 O.T24 I8.545
        1,495 words
      • Article
        MAIN BOARD
        4971 25 Or Or M Wt 1997 LMt V«4 Day Last Owata Ot* Mv Ytd Nat Cm A«« imm t«w ciw>»m> »f roooi l— Mror »«—r cv w pk«p INDUSTRIALS 157 83 1020 ACE Dynamk$60c M 93 98 83 MOT #9 72.1 96 5146 ASE*T$1020C US- US MS 1275 ASFUSKWO
        4,971 words
      • Article
        SESDAQ
        1105 25 or Or mm 1997 lot V« Day LiMOwh 0«* Ot» V* Nat Ca» A«f MX» l— >m« CM»«y_ tata rooo) M0> l— Nr* 9a6ar Cw w >m *fca mm >66 76 > 2000 AWHMftSc IW -11 900 130 117 T» n 10 10 0.1 Mi 52.5 122 412 144
        1,105 words
      • Article
        Untitled
        218 26 Stacks iotwmt Hotunq Inv NTS 27,147,000 •MBf Capital 11,559,000 •Rekapacific Bh t1.33B.000 •Multi-Purpose 9,772,000 CM Telecom 75c 9,744.000 Amara Hldgs Lt 8,819.000 •Magnum Corp50c 7,959.000 •Berjaya Group 6.492,000 •MBf Hldgs 50c 4,896,000 NatSteel 50c 4,790,000 Stadia _J UOB Foreign 32.795,747 OUB Foreign 29,069.059 OCBC Foreign 27.874,405 City Dev 50c 25,877,950
        218 words
      • Article, Illustration
        HOT STOCK
        61 26  -  bf Shiv Taneja HONGKONG LAND yesterday closed at US$3.O6, down 14 US cents on a volume cf 4.7 million shares, slightly higher than its lOday traded average cf 42 million shares. There is more downside for the counter as indicated by the daily and weekly RSI and stochastics
        61 words
      • Article, Illustration
        KLSE curbs on index stocks wreak havoc in market here
        708 26  -  STOCK MARKET COMMENTARY STII falls to its lowest level in more than four years; speculation over suspension of Sing Tech counters adds to woes By R Sivanithy [SINGAPORE] A complete loss of confidence in the Malaysian market wreaked havoc in
        708 words
      • ON THE GRAPEVINE
        • Article
          Rising from the ashes
          142 26 HOLDERS of Uniphoenix's warrants must be confUsed. First, it was pointed out that although the warrant expires in December this year, the trust deed says the last month for exercise was July. Based on this, the local stock exchange correctly took it off the Clob International
          142 words
        • Article
          Currency angst
          83 26 AMIDST all the doom and gloom, joys and soros (oops, sorrows) surrounding regional currency movements, one trader called in with this observation. Is it any wonder people lose money, he asked, referring to a television advertisement in which a smooth-talking, and altogether too dapper-looking trader speaks to an
          83 words
        • Article
          Great escape, part deux
          105 26 THE stress of life in the fast lane Is getting to some people, apparently. Disenchanted with the local property market, a select group of Singapore investors have quietly turned to buying property in exotic locations halfway across the world. Some examples of exotic escapes: tax-free Jersey
          105 words
        • Article
          Hackers wanted... huh?
          73 26 NO, DBS BANK doesn't want to make crime pay. But it's expecting to launch its Internet banking service to its customers in October. Before that, the bank is conducting trials on its Internet banking system to make sure it's hacker-proof. So we hear people are being paid
          73 words
        • Article
          But be careful!
          108 26 HACKERS and assorted cybercrooks must realise, of course, that the authorities are using the Internet to catch them too. The Economist this week cites a few examples. America's Commodities Futures Trading Commission has put out a Wanted poster on one Donald Chancey (weight 260 lbs; eyes, green)
          108 words
        • Article
          I say, I say
          114 26 AN IRATE reader called up to comment on recent events at a local club, where there was an unsuccessful attempt last week to get members to vote for a local majority instead of the current expatriate majority in their membership composition. She said that she could
          114 words
  • Page 17 Advertisements
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      186 17 EHBINEERED LIKE CLUB IN THE WORLD it lis SPF -df Space Technology Puts more In Vour Gamemore Distance, more Accuracy, more Satisfaction. mm PttTAMCI. BOWt ACCUMCT It's the only club that uses the same carbon-graphite fibre developed MADE IN JAPAN by NASA for its outer space programmes. Solid, light-weight and
      186 words
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      46 18 T GEC ALSTHOM T&D mtuuu*.\±w.umm Please be informed that effective 3 September J 997, our office will be moved to: GEC ALSTHOM T&D Pte Ltd (Formerly known as AEG Energy Systems Pte Ud) 31 Kaki Bukit Road 3 #07-03, Techlink Singapore *****8 Tel: *****77 Fax: *****55
      46 words
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      Page 19 Advertisements Column 1
      141 19 Where to wine, dine and entertain l It's a THscwery! HAVE YOU WONDERED why you keep COMING BACK? V GRILL Ok BAR S The Oaks Grill Bar is located within Tanglin i SINGAPORE MaN in the fashionable area of Orchard Spring. We have both indoor dining and outdoor area set
      141 words
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      Page 20 Advertisements Column 1
      131 20 Australia's Most Beautiful UJust Minutes From Brisbane or The Gold Coast and All Amenities FREEHOLD land, 1 acre to 10 acre lots. Only $13,000 deposit. (Balance Finance TAP.) Full infrastructure completed ready to buildl Free ranch style fencing! Fertile farming land for mangoes, oranges, avocados, custard apples Also good for
      131 words
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      Page 22 Advertisements Column 1
      28 22 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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      Page 23 Advertisements Column 1
      171 23 FREE *7W I GIVE YOUR HAIR A NEW LEASE OF LIFE One free hair care service With Hays Formula, you need no longer worry about hair problems like balding, hair «One free shampoo sample with every purchase loss, damaged hair, premature greying, dandruff, brittle hair and so on. Hay's holistic
      171 words
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      Page 25 Advertisements Column 1
      140 25 m Land Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration enter your Or Registration number; number and the
      140 words
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      Page 25 Advertisements Column 2
      62 25 Home Decor For people who love their homes You may have been unable to get your copy of The Business Times, The Straits Times, The Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer
      62 words
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      396 26 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CHAPTER 60 AND IH THE MATTER OF PAKTANK SINGAPORE TERMINAL PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of Um Companies Act, Chapter 50. that the final meeting of the members of the abovenamed company
      396 words
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      Page 26 Advertisements Column 2
      371 26 NOTICE This is to inform that Mr Alex Ng Cheng Seong of NRIC No. *****46H is no longer under our employment and is therefore not authorised to transact or negotiate any business or collect monies on our behalf. HPH ENTERPRISES HPH INSURANCE AGENCIES (S) PTE LTD IN THE MATTER OF
      371 words
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      Page 26 Advertisements Column 3
      251 26 f IN THE MATTER OF 1 THE COMPANIES ACT, CHAPTER 50 KWONC. U INC. SHIPPING fHYATE LIMITED (la Members'Votoaury lljuHllsn) NOTICE OF FINAL MEETING NOTICE ii hereby given that pursuant to Section 308 of the Compaaies Act, Chapter JO. a Final Genoa! Meeting of the Members of the abovenamed company
      251 words
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      Page 26 Advertisements Column 4
      485 26 IN THE MATTER OF THE COMPANIES ACT. CAP 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF MITSUFUKU TRADING (S) PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beacti Road. #12-01 12-11 Golden Mile
      485 words
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      Page 26 Advertisements Column 5
      307 26 To advertise call toll-free 1800-741 1883 AUCTION SALE HOTEL MELIA AT SCOTTS MOVABLE ASSETS/FURNITURE/EQUIPMENTS/ETC Hotel Melia At Scotts movable assets, furniture, tables, chairs, trolleys, sofas, lamps, lockers, cabinets, deck chairs, vases, mirrors, shelves, beds, telephones, fans, mattresses, safes, pictures, hair dryers, stainless steel sinks/counters, burners, hotplates. s/s workstation, deep fryer,
      307 words
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      Page 26 Advertisements Column 6
      422 26 IDEAL MULTIFEED PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Creditors and Members of the abovenamed company will be held at 151 Yio Chu Kang Road Singapore *****1
      422 words
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      Page 26 Advertisements Column 7
      348 26 M THE MATTER OP T>C COMMMES ACT, CAP AM) MTHE MATTER OF TnmMgmw (WCRBOITOWVOLUHTWY UOUOATiON> NOTICE OF MIBOS) DMOBO TO HEI UKHTIAtCWEPtTOM KMC OF COMPANY: NAQATA SMMEEHNQ TECHNOLOGY (S) PTE LTD AOOREM OF REOBTERB) OFRCE: Fomaly of Sl4 CM ChM Lm 101-1S IMQ2O uStoSt FOR RECaVMQ PMOOP* 12 Stpktntm IW7
      348 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      296 27 Bridge News, Reuter TALK was largely focused on the US Gulf-Japan grain run for Panamaxes where rates continued to rise, now at U5524.00 without combination ports, brokers said. Futures continued to spiral upwards amidst reports of Gulf-Japan fixed up a further SO cents at U5523.50 without combination ports,
      Bridge News,; Reuter  -  296 words
    • Article
      MARITIME STOCKS
      261 27 n *g CWTHstr»ullM_t04 -0.04 43 Qwanl*a> 0.89 -004S 289 Caaca toyaatmant —110 -0.02 10 foMtflMM 040 "0.005 231 -OJ13 22 HalWiHw 0.96 untfi 2*3 HRacNZasan 0*4 -0.019 27 MCHMn* HKSA 0.73 -0.0*5 a Jurona SNpyard 6.70 uneft 109 KawatCarp 9u60 -an 33*6 MppalfELS 4J0 -OJO IM Kappa) Marina
      261 words
    • Article, Illustration
      Don't let ISM Code end up a worthless piece of paper
      635 27  -  Danger that certificate can just be bought by shipowners if not implemented properly: expert By Marcus Hand [SINGAPORE] There is a danger the International Safety Management (ISM) Code could become simply another certificate that can just be bought by
      635 words
    • Article
      Lock icon Halim in yard tie-up
      84 27 Reuter [KUALA LUMPUR] Shipping firm Halim Mazmin has finalised an agreement to establish jointly and operate a shipyard in the eastern Malaysian state ofTerengganu. The company said that it will hold a 46-per cent stake in the Kemaman town shipyard with total investment estimated at Ms9o
      Reuter  -  84 words
    • Article, Illustration
      Nantai expands Far East-S Africa service
      172 27  -  By] Marcus Hand [SINGAPORE] Nantai Line of Taiwan is increasing the frequency of its Far East-South Africa service to a weekly one by adding two newbuildings. Nantai took delivery of the first of two newbuildings, the 840-TEU Nantai Dragon, yesterday. The vessel will make
      172 words
    • Article
      Lock icon Stena to review operations in attempt to cut costs
      357 27 Financial Times [STOCKHOLM] Swedish ferry operator Stena Line has announced a fundamental review of its operations in an attempt to cut costs, improve competitiveness and reduce operating losses. The company, revealing first half losses of 535 million Swedish kroner (*****.6 million),
      Financial Times  -  357 words
    • Article
      Lock icon Santos workers threaten to strike over job losses
      418 27 Brazil's largest port to sell its container terminal next month Financial Times [SAO PAULOJ Workers at Santos, which is Latin America's biggest seaport, are on the verge of a strike that could bring it to a standstill less than a month before
      Financial Times  -  418 words
    • Article
      Lock icon Shanghai Hai Xing sets up container line joint venture
      357 27 Reuter [HONGKONG] Shanghai Hai Xing Shipping Co Ltd said it had agreed to set up a joint venture company, China Shipping Container Lines Co Ltd, with its parent China Shipping (Group) Co and sister company Guangzhou Shipping (Group) Co. "China Shipping
      Reuter  -  357 words
    • Article
      PSA's discretionary powers cover more than physical use of port
      714 27  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE Singapore High Court and Court of Appeal have laid down that the Port of Singapore Authority's discretionary powers under the PSA Act (Cap 236) and Singapore Port Regulations are so wide that they cover
      714 words
    • Article, Illustration
      Lock icon Kid carriers opt for adult look
      805 28  -  US LOW-FARE AUtUMBS New low-fare carriers are revising their strategies built around casual, leisure-oriented marketing strategies and bare-bones service for a more traditional look customers feel more comfortable with Bu I Scott Thurston NYT SOME of the airline industry's youngest members, fighting for both
      NYT  -  805 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      347 28 PAGE Fmou 7 AEL 0 Fanride U AW. 1 8 u Froti 13 Accord FftUnks 13 AhrtnkM 13 WWortd 13 AflptwMp S link 4 Astro 3 &WMrtT ,s Austral 9 GwH "M 9 Avant 6 6*°<7 Ha* 13 B'tMQ Mas 6 00K> r
      347 words
    • Article
      SHIPPING GUIDE
      15008 36 THEBUSINESSTIMES EXPORT ETA ETA Advertiser VesseI Voyage Telephone ETA ETA Advertiser Vessel Voya<j» Telephone SIN Oest'n Nam* Name Number Number SIN Oest'n Name Name Number Number To BRISBANE (BNE) 2058 A Queensland, Australia To ABIDJAN (ABJ) 2003 29/00 00/09 Triestmo ithabmum 35* ts-mrrn Ivory Coast, Cote D'lvoire 29/00
      15,008 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        747 43 Vtsil Voy N Urtfc Arrtwl Dofortwo mm if *no *jm m*m ?fS22° ttlantx !a* N jO* *»&<» J' R SaMtl *N*27 J01 *orq»* 2900/080*. t PncMarn I M *wio«*i 35 59/00CC MTOWTM UC40 J2) *>«**. ""'iJS est sr 5? 23 sag s& ss sw s rss ifassf SW.M.
        747 words
      • Article
        CONTAINER SCHEDULES
        1580 43 RECEIVING OF EXPORT FCL CONTAINERS ANO La CARGO (ooUnt/Wwci Rstts SMp Vn Ctfc/Hf Hrtti fnm To Fm toN 5 SSS 3E 2&S u 2vm iWMi ivtm 2* 24/itoo 21/04M 21/oioe 2VB700 IVTW 21rt40C iwbw 20/MH nmw 586 I 3S SS SS 21 C X ft' ft^OC 4 2woo
        1,580 words
      • Article
        GLOBAL HOLIDAY
        190 43 Slovakia: National Uprising Day. Aaftt Peru: Santa Rosa of Lima. Turkey: Victory Day. A* SI Malaysia: National Day. Philippines: National Heroes' Day. fcpl Canada: Labour Day. Malaysia Day after National Day (as National Day falls on a Sunday). Slovakia: Constitution Day. United States: Labour Day. lap 3 Qatar:
        190 words
      • Article
        COCKETT BUNKER MARKET REPORT
        805 43 THIS report, complied by Cockett Marine OU Ltd. *how* price ran gee In US dollar* In•tead at tingle prtcee tor a more comprehenelve deecrlptlon at the market Price* shown are baaed on average tlsed *tem. Market movement* are indicated The Cockett Bunker Price Index change and
        805 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        438 43 Carta* MO Mn 992.9 0.9 S.4 O UT 75 0.07 ta«21 taMttf M* Mta A* iIIibIiiIihi Si—it Ho—w 125 2 0 t 0 rrr- mo aw nu oj 12.7 o.m m 0.02 ta. MO Mo 9914 0.1 17.7 0.10 73 0.09 M*ri %ntu mi mum Ho—w
        438 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon US, Japan close to new aviation pact: United Air
        546 44 Negotiators agree to broad outlines, details being worked oat Bloomberg [WASHINGTON] Government negotiators from the US and Japan are close to agreeing on the broad outlines of a new aviation services pact, though they're still working out the details, an official
        Bloomberg  -  546 words
      • Article
        Lock icon KL train operator to introduce shopping on rails
        250 44 MBT [KUALA LUMPUR] Malaysian rail operator KTM Bhd will enhance its on-board service to promote rail transport as a preferred means of transport. It will introduce a "shopping coach" on board its services for passengers, among other new things planned. Souvenirs, high
        MBT  -  250 words
      • LOG Book
        • Article
          Lock icon Cuba Air gets license for new services
          48 44 AFX-Asia [MANILA) JG Summit Holdings Inc unit Cebu Pacific Air said it has secured a licence to operate flights to the US and several regional dMttftatk».€etw Air also said it will operate flights toGuim, Mdaysia, Singapore, Indonesia and Thailand. ~AFX-A&ti iSI--
          AFX-Asia  -  48 words
        • Article
          Lock icon Haiman to be linked mainland by rail
          78 44 Reuter [BEIJING] China company to build the fbrst rail line Ilnldng tfttraflmriiatate (rf Guangdong with the island province of Kwm, state media said The Guangdong-Hainan R*ilwi*£ Co, which went into operation on Tuesday, will build and run a 4.5 billion yuan (*****.5 million),
          Reuter  -  78 words
        • Article
          Lock icon TAP-Air Portugal, Transbrasil in tie-up
          51 44 Reuter [LISBON] Portuguese flag carrier TAP-Air Portugal and Brazilian airihip have signed a global cooperation agreesteitt. A t&P statement said: "The new partnership includes areas as diverse as the joint programming of air services, the improvement of conditions for transferring traffic, and mutual assistance to
          Reuter  -  51 words
      • Article
        SIA is Rolls-Royce's biggest Asia-Pac customer
        389 44  -  Group chalks up 20% jump in operating profit to USslBsm By Felix Chan {SINGAPORE] The Asia-Pacif-ic accounts for about a quarter of Rolls-Royce's record US$l2.5 billion (5518.7 billion) order book, of which Singapore Airlines (SIA) is its largest customer, the group said as it
        389 words
      • Article, Illustration
        Lock icon First of 5 ATR 72-210
        51 44 [TOULOUSE] China Xinjiang Airlines representative, Long Wen Tien (second left), Airbus Industrie chairman, Patrick Gavin (centre), and a Chinese government adviser, M Tong (second right), at the official delivery of the first of five A TR 72-210 ordered by China Xinjiang Airlines from the consortium.
        AFP  -  51 words
      • Article
        Lock icon Sempati Air to close down routes and offices
        205 44 AFP [JAKARTA] Private Indonesian carrier Sempati Air will stop serving 14 domestic as well as international routes and close 15 representative offices until the airline shows improvement, reports said yesterday. The Jakarta Post daily cited Sempati spokesman Riza Iskandar as saying the
        AFP  -  205 words
      • Article, Illustration
        Lock icon Toyota's Thai sales may fall 20%-30% due to weak baht
        343 44 Financial Times [TOKYO] Toyota, Japan s leading car maker, warned yesterday that sales in Thailand could fall by between 20 and 30 per cent this year because of the economic turmoil caused by the devaluation of the baht. Hiroshi Okuda,
        Financial Times; REUTER  -  343 words
      • Article
        Lock icon Two BA jets narrowly escape mid-air collision
        218 44 AFP [LONDON] Two British Airways (BA) jets carrying more than 300 passengers narrowly escaped a mid-air collision after a blunder by ground control staff, a report said. As the two aircraft, one from Paris with 165 passengers onboard and the other from Geneva
        AFP  -  218 words
      • Article
        Lock icon Boeing having trouble filling orders as sales boom
        318 44 Bloomberg [SEATTLE] Boeing Co said it is having trouble filling all the orders it has for commercial jetliners and is taking new steps to boost production, r! The world's largest aerospace company is finding difficult to increase the rate at which it
        Bloomberg  -  318 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1381 44 or* fucmt oa njfiw no A*M* ***** «o *T9T 035 WW 205 ***** 0750 II >44 oo4o MtmWm S097J H55 S09/I 0120 KU37M5 SSJSS NaCMli* «7« WO VK742 M50 OL24 2355 SOlll 1420 S0I72 0930 S024 2355 GA83I 1705 6A838 1210 A«ttH8 «73 1605 S0285 2045
        1,381 words
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      Page 28 Advertisements Column 1
      935 28 owjCTtomwyottMT |fn[^Tg||a||iMßWß|jMpßll^WlEl^lD vcsa wr man mm u w w w ax Mason Ll «■i S A w !!r '"jlii jgS££gnouhot tmsu vm m/b u/b h/b m/b u/b m/h h£» »/5» a/B Hi no |«a|m/m| ii/» tt/i« 1 iv* 1 iv» I w/w noizkqn smsm b/b b/b w/b 21/b a/B n/J
      935 words
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      Page 28 Advertisements Column 2
      539 28 lino 1 mvtew mwwnHd M by Mambaf* at the RagMry <y F Mwnbeis <H Ihe AccradMad Shipping Aganta, SlMjB3 Slngapofa Fr*gN Poo^dT, s'par* National Shipping Aaaoc. AaaodaHon V > gVwiElfajM Speedy and Quality Service te \Y CALCUTTA EXPORT 3 x Jop— 2 -1 x Monfci -1 x Kmmkm**, K-*ung FQ
      539 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1045 29 TO EUROPE FROM EUROPE IviSSB VOY SM ITM HAM MV SOU LbT~ VESSH VOY ITM HAM KV SOU UN W SM NEDILOYD ASU $357 04/09 2S/09 23/09 27/09 MOS& 2337 10/00 11/00 IS/OS 10/00 02/09 RNM 1357 05/00 21/09 13/00 20/00 27/00 UE 4337 15/00 14/00 11/00 12/00 03/00 00Q
      1,045 words
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      Page 29 Advertisements Column 2
      2213 29 OHANJIN SHIPPING USA CANADA* 1[W ua.-/ww oam |sm su roi mv prar oi porf on ["St m hum M wrc rv m|w| m pusanhwtoroiw a/w a/oT" u/w ~a/w w/w 21/w :i/w a/w a/w a/w a/w a/w a/w a/w a/w a/w a/w 24/w a/w a/w H. TOKTO 030E W/W 04/01 B/W
      2,213 words
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      Page 30 Advertisements Column 1
      1540 30 <5= DSR-SEHA TOR ill Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT VtSttl Ivor sST" BTM MIT MV WW fU IHA VESttL VP* m* HJC Mv JJ**_ SOVCOMHOT KMT CM Wf 730 MM MM MM 21M MM MM MM DW ROSTOCK ft7M MM MM M.M 0700 MM MM HANJMOANCEIONA
      1,540 words
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      Page 30 Advertisements Column 2
      1142 30 NORASIA I VOY ISM I OOA BCL VAL ALQ ROT NX ANTTO. LHA I NOR SHAfUAH 9733-3 2*60 14*0 IM6 23A6 MM 26/60 ZSM 16*6 19*0 17*6 I MSC RAFA£LA 9734 3 04*0 20*9 22*0 01/11 02/10 2MI WN 20*0 27*0 ?M» I NOR SINGA 9735-3 09*0 26*9 20*0 07/11
      1,142 words
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      Page 30 Advertisements Column 3
      562 30 LINE SKr A til* nstsu fax* sssimt 1 MUARA LABUAN "j vissa vot in ro vfssa vor no n* SPOOt MUARA SPOOt lON APUGUXV V7ll/97 20/00 11/ M APttOOtT V7II/07 20/04 01/09 jrtospa v7oi/»7 oj/m 04/04 jpoospbi vj«/v oi/w o//oo m«UIT V7H/17 04/09 09/09 APttOOtT VIB/97 06/09 10/09 JPOOSPtt VJll/97
      562 words
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      Page 31 Advertisements Column 1
      1166 31 IVgSBC. VOY WW BKK POU WCO WW BMW BUR BA BIK IRAN TAKHTI PJL-1248 28/00 00/09 00/09 IRAN VAMOAT PJL 1253 08/09 31/0« 09/09 IRAN QHEYAMAT PJL-1248 31/07 07/09 02/08 18/08 18/08 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN t CIS COUNTRIES I.E. AZARBAUAN, MENIA KA^KHSTAN. UZBEKISTAN. TURKMENISTAN.
      1,166 words
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      Page 31 Advertisements Column 2
      1934 31 SJIKWOftE'S GCNfRAI AGCNTS: 6 SHWTO* WAY TIL 226 1900 FAX: *****08 OUTWARD (1/1) COSTAR SNIPPING PTI ITO #17-01M5UDG SALES/MGS *****41/43 INWARD KTT (D/ 0) *****1$ COSTAR AIKNCKS (i) SDN BHD QUO: *****U0000M TOW« TWO (06H09) COWVtMTKXUL *****50/55 T/SHfMT DtPT *****25 TE: 02-07-35 ***** FAX: 02-07-*****70 w/w vf~ hum ba wo
      1,934 words
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      Page 32 Advertisements Column 1
      1180 32 rssTl ROM ANW HBG THP ZEE LHV LHV THP DON MM HM PU MP E RACER RW-011 3MM 10M 2W 20/00 22/ M 23M 24M I.BAUAIIT XHU Ml *00 04M JM« JTg M KM E REACH RW 015 07M 20M 12/11 27M 2MI 3UI 01/10 E. GROUP BE-000 IMS ISM
      1,180 words
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      Page 32 Advertisements Column 2
      1180 32 a jhh lixporr VISSE VOTAGi SGf DM MA AMI DMN MM IWT Ml VISSE VOTAW DM MA AMI DMN MM SOf IM OMIT 0471-MIV OVW IVW 14/04 IS/W l«/ 0* 17/W 17/W 17/04 UN COUCH! MA74M 17/01 17/H 11/01 14/00 70/01 01/W UN AHEAD 0477-001W 11/09 71/94 71/04 77/W 7VD4
      1,180 words
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      Page 32 Advertisements Column 3
      475 32 NANTAI LINE FUUY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA vessel vot Ism nu du» ai~ mnAiPtwass pus nm is/w u/w WglMg 022S 81/W W/W 13/W 17/W jjjjTOlMjgW WIS vm 17/W 21/W 2S/W tmmn om is/w 30/w m/io wmnm v/w os/io ww lyio HOKE BITS 04/10 13/10 17/10 21/10 NANUIPOKESS 0175
      475 words
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      Page 33 Advertisements Column 1
      708 33 BSfl a '^E5W!s!3?V5® ,i V5?9 i l7sSH^^B^ MYANMA wHBk FIVE STAR UNE (MyiMrar Notioaol Um) 1 Loading for Tango* (Roagooa) vtssa vor sim pig m kii CHIN SHWf HAW 7W SU> MALA TSU AGENTS: OOUSTEAD JMPfING AGENCHS KUI: Td 01-03-*****00 PfL HI 02-03-*****01 POt IE 02-04-24)2402 PGD; TU 02-07-*****21/4 BANK
      708 words
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      Page 33 Advertisements Column 2
      1150 33 ▲HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 saa m I UM AMI NAM m 1 Ffl VmMIM JO7W 31/08 17/09 10/00 »/09 20/09 20/09 23/09 HI GfNCtAI 307W 07/09 24/09 25/09 27/09 27/09 27/09 30/09 HTOUKI M7W 14/09 01/10 02/10 M/ 10 M/ 10 N/10 07/10 HTCOMROOOtI
      1,150 words
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      Page 33 Advertisements Column 3
      609 33 (j& FAMOUS CONTAINER UNES 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 3/ HOT LINE: *****33 (30 UNES) WH p«g MBt www lwrtxui Hl*mmlt- lafcniM* im II t—»ri 4 SAILINGS A WEEK TO S BANGKOK J J AND REGULAR SAILINGS TO cSabang THAILAND \BANGKOK t f FOR BOOKING ll *****33 CONTACT AMY
      609 words
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      Page 34 Advertisements Column 1
      1047 34 BANGKOK/LAIM CHABAMG t JAK ART A/PA N JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN DANU BHUM 01 ON In Pt 02/09 XETHA BHUM ***** In Pt 30/06 DANU BHUM 010NB 30/06 02/09 A NAN BHUM 76S 30/06 02/09 YANTBA BHUM" 203N 31/06 03/09 04/09 ACX JADE*
      1,047 words
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      Page 34 Advertisements Column 2
      682 34 PUL INTERNATIONAL LINE PUL INTERNATIONAL hti MwW Mad f—im Strvkt Dk«t 1 hate R>W Day Mh|i Wfwwe parti SHW $0( I. < w teMnMMtpniwdWn JAKARTA (UT( 1) SSIGS/WK jkt m w wm i\i> as b« I I 1 t I I 1 m HBm SURABAYA 2 SIGS/WK I VOT "I
      682 words
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      Page 34 Advertisements Column 3
      772 34 1 ACCORD A SHIPPING PTE LTD Til i *****56 (40 lines) FAX *****46 KtTSIUK (931U/mi gg DIRECT ACCiSS Til: *****57 (IXPONT BOOKING) FASM GUDtAMG ft/} SSI \JT7 22SMS7 (iXPOKT DOC), *****64 (IMPOKT) rttUMO *****41 UNLMTTP://WWW.ACCOKD.COM. SG UUUUM t (II) *40 9779 H)tT m SIN POT ITA SIM POUT ITA SIM
      772 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      372 35 INDONESIA NATIONAL LINE TO EUROPE I EXPRESS SEMI-CONTAINERISED SERVICE ~VJL VOY S PORE A OAM/B DAM H lURG BREMEN ANTWERP "7UTS 30/9 3/10 OMIT 7/10 TO AUSTRALIA 1 FULL CONTAINER SERVICE VSt VOY hT? ERE W BTD Mtl HM Ml W IYHONMY «K M XH IIM 1196 IMB AUST ENTERPRISE
      372 words
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      Page 35 Advertisements Column 2
      780 35 I aa»Pff PACIFIC INTERNATIONAL LINES (PTE) LTD £SSSSS£S^^^^MI I4O Ceci Street *03-00 PIL Building, Singapore *****(5. I CR NO: **********06 "ftr t E. isll I l' I IR 1 liii 111 I'lliHll'i 111 W\iii\m\ im. js„ Ep Z ml flj I KOTA Wit AW AN WKHOI9 W_ |/1 lt/t 1»/T
      780 words
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      Page 35 Advertisements Column 3
      869 35 gg^B|g|H I VESSELS VOY SH JED PSO LEH HAM RTM THP AMR I V6XEDEGEMHA H2IW 01/39 11/09 13*09 22/09 23/09 2S/08 28/09 27/09 VHE D'OfttON WW 07/09 17/09 IftPß 30g6 29/09 01/10 02/10 03/10 VILLE DC VELA V2IW 14/09 24*09 2MB 06/10 (WlO 06/10 09/10 10/10 VXE DC CAPELLA T22W
      869 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      44 37 To retrieve more schedules, just follow these simple steps... m document 740-6000^^^p^^ tCp be the port Step key in the four hone number digit code Key in your Example: r-L» fax number To NEW YORK (NYC) 2275 m? United States for calls within Singapore
      44 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      419 39 Ivesse^^^VO^^S!J<^maaslN| TIGER BRIDGE 562N 01-01/09 06-1009 15-1609 I TIGER BAY 563N 03-0409 06-13 A» 17-18/09 I TIGER WAVE 564-N 07 0&"09 12-1&09 20-21/0-9 I TKSER ISLAND 565N 11-12/09 16-21/09 25-26/09 I TIGER BRIOGE 566N 15-1&09 20-24/09 29-3009 I TIGER BAY 567N 17-18/09 22-27/09 01-02/09 ILHOTSE 336 04-06*09 11-14/09 20-21/09 I
      419 words
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      Page 39 Advertisements Column 2
      683 39 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 01/09 CAPETOWN 07/09 CHILE ETD SIN DURBAN 07/09 VALPARAISO 03/09 JOHANNESBURG 07/09 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 01/09 VALENCIA/BARCELONA 03/09
      683 words
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      Page 39 Advertisements Column 3
      964 39 OOCL (Singapore) Pte ltd CFS Keppel Distrpk f m kttkk t§ Ah 79 Anson Rm4 #21-04 (S) *****4 Mk $13****** g tmR*V 7g\j V CR NO **********0 M U 772 7127 ffl J269 110 >j2^ B| Ufc *****13 221 3942 f«: 272 7825 L^=^J=a=a WOOTM UMIKA 9SA/ CJUUPA Q> AMTIAUA
      964 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      1164 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARO) TLX: R*****0 CR NO. **********00 BOOKINGS CALt PIBECT LIME: *****41/43 JE^IC*/CELIA/MEICH*II 522ZnEMEifflii3H 7 slgs/week 3 SLGS/WEEK VESSEL VOY SIN JAK I VESSEL |VOY |S<N |SUW SINAR TIMUR 927 30/08 (SAT)
      1,164 words
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      Page 40 Advertisements Column 2
      1166 40 pi YANG MING LINE LLII (k v ■TJTJJJJ TWICE WEEKLY EVERY THURSDAY/SUNDAY AfIRfVAL FIXED DAY-MONDAY VESSEL VOY I SIN I CM! RTM HAM EXT lEM ANR VESSEL VOY lIH FXT HAM ANR HEA ISIN NORMANOIE BRIDGE J734W131 "081 17/09 19/09 20/09 22/09 MALACCA BRIOGE A72BE SLD SLD SCO SID SID
      1,166 words
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      Page 40 Advertisements Column 3
      419 40 Singapore Soviet Shipping fl® Co. Pte. Ltd.. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY SIN BOM PNG PKL KOTA SELAMAT SMTO3I 03/09 11/00 26/09 28/09 KOTACAHAYA CAHI9I 13/09 21/00 06/10 07/10 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA I VESSEL VOY SIN BOM/N.SHEVA TRANSOCEANIC 07-97 10AM 19/00 HEAVY LIFT CAPACITY 70 MT
      419 words
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      1413 41 i ASIA -MEDfTERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL TOY IMN CMB |MU G£N 1 »CN lEH ANR FEL MSC RAfAELA 9734-3 04 SEP 08 SEP 17 SEP 19 SEP I 21 SEP 24 SEP 25 SEP N SINGA 9735-3 10 SEP 14 SEP 23 SEP 25 SEP I 27 SEP
      1,413 words
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      Page 41 Advertisements Column 2
      1328 41 SowmgiowlmT vmP~ ayl a? 1» Iw. I pas** w |sSr|saia|aGe'|iß»|a»ir* ir i?""^ NO. HONSHU 3347 2740* HOT 2940 1549 1049 1109 1949 LPBMQ 2327 2UT 27j00 KM Mif KM Kll MSMMC 1357 0109* 04.09' 0109 2109 2049 2749 2149 MS. MOSS 2337 0149" 0249 MJM 0949 1049 1149 CXLGBUMNY 1357
      1,328 words
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      Page 41 Advertisements Column 3
      194 41 Changzhou \l Shanghai Jj Foshan \L Shantou \L Fuzhou v£ Shenzhen 1 <1 Guangzhou Tlanjin \L Hangzhou v£ Wuhan j M Huangpu \t Xiamen N v£ Qingdao Zhongshan jj M San Shan Zhuhai a I OUR NEXT SAILINGS MV "CONCORDIA" V.028N ETA SM 2MM7 !MV -SEA RANGER" VJ1334 ETA SN
      194 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      705 42 Carrier. MNCONTR ONES, NIC -K A- OPNO. *****T806Q08 8»U: (094) *****9 MANILA: <632)*****61 W N PENANG: (04) *****6 BANGKOK; (662) *****67 SURABAYA; (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 MM KEELUNG/KAOHSIUNG MV "WAN MAI 213" VNO49 MV "WAN HAI 221" VNO4O ETA SIN: 5-9-97 ETA
      705 words
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      Page 42 Advertisements Column 2
      166 42 1 muRATKIRAN IN PT I sTOPM WtNO 3CVOB NaiVWdnVAtWUK I ■OCEAN ISLANO 08/09 NarVRdnVAtwAJK I ■LUCKY WEALTH 25/09 NarVRdnVAtwAJK I I- Loads E7W Malaysia. liidonw 1 Loading for ■uCMAS Jeddah/AqabatfEgypt I ■CLIPPER KAWA Dubai/Bahrain/Oamman/Kuwait ■ESPERANZAC Jeddah/Aqaba/Egypt/Tnpo# I ■trade BANNER Hodeidah/Jeddah/Aqatoa/Egypt I ■rainier Dubai/Daha/Bahrain/Damman/KiMrart I I "Loads Singapore, E7W Malaysia, Indonesia
      166 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      125 43 HON): R Thunderstorm Ternperotire c X\ Show«r Weother Wind Erection with speed in knots Roin CJoudySky Wove he*ht S*J*t «Mi ere indicated by orn»i wbidi My »«tb tb* wind Qy Om M c*de represents cotm or fight and variable wind* X_» On* hatt Heche represents 5 knot* I—». On* fuR
      125 words
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