The Business Times, 30 October 1997
1997-10-30
1
38
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The Business Times
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Title Section13 1997-10-30 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, OCTOBER 30,199713 words
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Article65 1997-10-30 1 7IMM (+51.41) PI BT COUP Ki im*3 (+33.21) PI IT MA u mn (+39.53) fltfXlAUET IXDOtXS Wednesday Change KLSECOMP 682.48 ♦16.H NIKKEI JfJ#7J4 —♦M4 J6 HANQ SENG 10.76&JW _+1,766.41 SET INDEX 467 .16 4.64 JAKARTA OOMP —4716* ♦RW —MANILA COMP U814.I6 +7U7 TAIPEI WPI 7JWMI—-IJ6l46 SEOUL OOMP MU465 words
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Article71 1997-10-30 1 I jBORUmiATES ust s$ ys$ 1*4 1.866 109 DM U74 Mil YEN IN *831 1-316 M WN M* •HKS 0.121 UK BART 0926 0.041 JttJPlAH IN 0.028 0.044 PUXE BATES SINGAPORE* .144 KUALA LUMPUR MO JAKARTA 18.W BANGKOK 13.25 HAMLA 12-50 HONGKONG 8.75 TAIPH 109 smm mo mm. Aio71 words
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Article552 1997-10-30 1 Andrew Marks - Dow swings despite indications from Fed chief that rates would not rise From, Andrew Marks in New York WALL Street had a volatile day yesterday despite testimony from Federal Reserve chairman Alan Greenspan suggesting that the Fed was unlikely to raise rates this year.552 words
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464 1997-10-30 1 He urges temporary US financial help to Asia, if needed Bloomberg Reuters [WASHINGTON] Federal Reserve chairman Alan Greenspan said yesterday that earnings expectations and equity prices in the US had been "primed to adjust" even without South-east Asia's currency crisis andBloomberg; Reuters - 464 words
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Article755 1997-10-30 1 Loh Hui Yin, R Sivanithy - Fromhol Loh Hui Yin, R Sivanithy in Singapore HONGKONG investors cheered yesterday as the Hang Seng Index made a turbocharged rebound of 1,705 points or 18.8 per cent, propelling it to a 10,765-point close. The index recouped all the losses suffered on Tuesday when755 words
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240 1997-10-30 1 [SINGAPORE] The Monetary Authority of Singapore said yesterday that "the higher deposit rates set by banks is in response to the higher interbank rates traded in the money market and their own need to compete for funds". MAS also said that240 words
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Advertisement126 1997-10-30 1 fMMi J.JWHUIS»S JtaM laun, Cttzrtso ■nit talks begin Zemin arrived yesterday at the White House for a summit with US President Bill Clinton. The leaders hope to re-ignite the SinoAmerican relationship after a long period of tensions over issues such as human rights and the growing US trade deficit with126 words
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Advertisement7 1997-10-30 1 Full text of Greenspan's speech, Pg 97 words
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Advertisement146 1997-10-30 1 PM Goh: Indon aid linked to IMF package, Pg 2 Hang Seng stocks suffer HK$l trillion fall in market cap since peak, Pg 2 E Asia's inflated property prices set to fall, Pg 2 Americans withdraw USsl.6b from stock funds in two days, Pg2 Markets in Turmoil: More reports, Pgs146 words
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MARKETS IN TURMOIL
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672 1997-10-30 2 S N Vasukl - Japan, Australia also offer financial aid, hot stress importance of IMF role in package Frvm\ S N Vasukl in Jakarta PRIME Minister Goh Chok Tong yesterday confirmed that Singapore will offer at least US$5 billion (SsB billion) in aid to Indonesia but emphasised672 words
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433 1997-10-30 2 Bloomberg [BOSTON] US mutual fund investors are trimming their stock holdings in response to the worldwide market rout, with most withdrawals concentrated in funds that specialise in non-US stocks. An estimated net US$l.6 billion (552.5 billion) was pulled from equities fundsBloomberg - 433 words
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Article, Illustration860 1997-10-30 2 Quak Hiang Whai - Hang Seng dives 35% in under 3 months Index stocks suffer HK» trillion fall in market cap since peak From* Quak Hiang Whai in Hongkong IN the space of under three months, Hang Seng component companies have been flung from lofty peaks to the pits in a pummelling that hasAFP - 860 words
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506 1997-10-30 2 Bigplimgesmay bankrupt developers, hnrt lending banks IHT [SINGAPORE] East Asia's property values will be the next victim of the region's financial turmoil and slowing growth, economists have predicted. Inflated property prices are headed for big falls that will bankrupt some developersIHT - 506 words
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Article351 1997-10-30 2 Neil Behrmann - Despite turnaround, analysts expect volatile days ahead Fromi Neil Behrmann in London EUROPEAN markets recovered sharply yesterday following steep rallies on Wall Street and Asian markets. Although there were small dips from their highs during the day, indices traded near their peaks after Alan Greenspan's expected351 words
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Article, Illustration174 1997-10-30 2 Reuters THE Tokyo stock market's benchmark soared by more than 3 per cent by yesterday s close, with Wall Street's sharp rebound overnight halting a slide in global equity markets, brokers said. But despite the Nikkei average's rebound and big gains for other AsianReuters; AFP - 174 words
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Article172 1997-10-30 2 Bruce Cheesman - -by Bruce Cheesman TAIWAN'S Stock Exchange was one of the few bourses in Asia that did not slough off negative sentiment in the wake of the record gain in New York and the strong recovery in Hongkong. The benchmark Taiwan Stock Exchange Index, which has dropped more than 30172 words
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Article169 1997-10-30 2 Yogi Aggarwal - by Yogi Aggarwal AS HONGKONG pulled out of its headlong dive yesterday, stock markets in India also rebounded, notching 7.23 per cent to close at 1,107.25. This is a far cry from Tuesday's debacle when the National Stock Exchange index fell by 7.86 per cent to 1,032.6. The recovery169 words
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Article, Illustration222 1997-10-30 2 Russell Baker - -by Russell Baker THE Australian stockmarket staged one of its biggest-ever rallies yesterday, surging more than 6 per cent. Schizophrenic investors who had wiped 178 points off the All Ordinaries Index on Tuesday pushed the leading indicator 143.8 points or 6.2 per cent higher to 2,443 points yesterday. InSource: Bloomberg - 222 words
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Article121 1997-10-30 2 AFP The South Korean government yesterday announced a series of measures aimed at stabilising financial markets here, including a provision to allow foreigners to buy large companies' long-term bonds from 1998. Foreigners will be able to buy corporate bonds with a maturity of more than five years, issued byAFP - 121 words
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420 1997-10-30 3 Anthony Rowley - ASIAN MONETARY FUND MfHyting in MninU next month on details of controversial plan From. Anthony Rowley in Tokyo SENIOR finance officials from the region will discuss details of the controversial Asian Monetary Fund (AMF) plan with their US counterparts at a meeting in Manila,420 words
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343 1997-10-30 3 Harish Mehta - US, 6-7 urged to back idea; Ramos to push plan at Apec forums From Harish Mehta in Bangkok THAILAND and the Philippines have lent their voices to the setting up of an Asian monetary fund to provide emergency financing. Thailand yesterday urged343 words
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Article, Illustration459 1997-10-30 3 Yang Razali Kassim - ASIAM VIEW PM Gob's overtures to Jakarta, EL in keeping with his style By Yang Razali Kassim PRIME Minister Goh Chok Tong made one of his most significant diplomatic moves last week. As the region kept an eye on the turmoil in stock and currency markets, Mr459 words
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Page 2 Advertisements
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Advertisement8 1997-10-30 2 HK mortgage loan demand seen slowing, Pg 58 words
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Page 3 Advertisements
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Advertisement21 1997-10-30 3 Impress your friends with an interesting /^^^ini^et. Rf«d 6*ti'"MU«K \t SaiJif Clattifitd this «tik««4. f W I 1 mnmmmr- Bj fliwii^fii21 words
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SINGAPORE AT HOME & ABROAD
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914 1997-10-30 4 Diana Oon - House-hunters shun properties, but some 2,000 more of such units are coming onstream By] Diana Oon LANDED homes, considered by some to be the ultimate dream for Singaporeans, are turning out to be a developer's worst nightmare in the case of leasehold houses. Buyers'914 words
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Article, Illustration24 1997-10-30 4 [SINGAPORE] A bazaar at Kinta Road off Serangoon Road is a popular hunting ground for traditional Deepavali goodies. ARTHUR LEEARTHUR LEE - 24 words
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306 1997-10-30 4 The Straits Times MOTORISTS should avoid the Woodlands checkpoint and the surrounding roads leading to the Causeway during the Deepavali holidays because they are likely to be severely congested. Traffic Police said. In a brief statement yesterday, it noted that there wasThe Straits Times - 306 words
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Article, Illustration444 1997-10-30 4 Abdul Hadhi - Market talk suggests it's planning to redesign the condo By. Abdul Hadhi IN an unusual move, Hotel Properties Ltd (HPL) may be buying back sold units of the prime Pare Stevens condominium some five months after the launch. Market talk has itFILE PHOTO - 444 words
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390 1997-10-30 4 Appropriate medical technology will be available The Straits Times THE government has a moral obligation to look after the two people infected with the Human Immunodeficiency Virus (HIV) from tainted blood transfusions, said Health and Environment Minister Yeo Cheow Tong yesterday. "WeThe Straits Times - 390 words
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NEWS Roundup
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69 1997-10-30 4 THE Housing and Development Board has added another 33 housing agencies to its Listed Housing Agents Scheme, bringing to 448 the total number of listed housing agencies. They win be admitted for a period of two years from this month and gain benefits69 words
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Article70 1997-10-30 4 THE next monthly tender for vehicle entitlements will open at 9am this Saturday and close at 4pm, Nov 7. The total quota available for this round is 3,754, the Land Transport Authority said. Bid applications can be submitted through the Automated Teller Machines of •elected70 words
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67 1997-10-30 4 SOME 9,000 households will take part in the seventh Household Expenditure Survey due to start next month. The year long exercise, conducted by the Department of Statistics (DOS), will compile information on consumption patterns of Singaporeans. For the first time, a private company—Gallup67 words
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Article52 1997-10-30 4 IN our story yesterday, "Shopping for profits on the World Wide Web", we said that the Internet bookstore, Amazon.com, lost US$2B million in the second quarter. This is incorrect. Amazon.com had revenues of U5527.9 million and lost US$6.7 million in the second quarter. We are sorry for52 words
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Advertisement296 1997-10-30 4 I Enjoy your weekends I with The Business Times. I Subscribe now and be a I proud owner of a Motorola GSM I StarlAC" 90 ceMar phone! I The weekend edition of The Business times features lifestyle topics I like art, travel and spedal cuisine in addition to its thought296 words
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REGION
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376 1997-10-30 5 Harish Mehta - BANGKOK Move may signal start of long-awaited finance sector consolidation %1 Harish Mehta IN what could be the start of a long-delayed consolidation of Thailand's ailing finance sector, a group of 35 suspended finance companies are merging to set up a376 words
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336 1997-10-30 5 Loh Hui Yin - HONGKONG Their total investment in park is worth USs3om By] Loh Hui Yin ELEVEN investors, including German sports gear manufacturer Adidas, have taken up factory space at the Suzhou Industrial Park in China, bringing with them another US$3O million (5547.5 million) worth of336 words
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Article114 1997-10-30 5 TAIPEI AFP, Bloomberg TAIWANESE overseas investment is on the rise as the government gave the green light to US$2.2l billion (553.5 billion) worth of projects for the first nine months this year, or 48 per cent more than last year. Taiwan investments in China roseAFP,; Bloomberg - 114 words
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Article, Illustration73 1997-10-30 5 [TAIPEI] A Taiwan road worker on Tuesday using a boom to spread oil on a temporarily re paved road in Taipei, trying to keep the city's streets open for traffic while work continues on the construction of the world's most expensive urban mass transit railway. Taiwan, aimingREUTERS - 73 words
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386 1997-10-30 5 Quak Hiang Whai - HONGKONG QKMA cites rise in prime and some mortgage rates By < Quak Hiang Whai MORTGAGE loan demand will slow for the rest of the year, the Hongkong Monetary Authority said yesterday. HKMA deputy chief executive David Carse said the recent rise in the386 words
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279 1997-10-30 5 HONGKONG Bloomberg PEARL Oriental Holdings, which paid U5594.17 million (*****.1 million) for a house in Hongkong earlier this year, put up one of its joint venture hotels into voluntary receivership and will sell it by tender. The company said its mainland jointBloomberg - 279 words
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Page 5 Advertisements
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Advertisement134 1997-10-30 5 With Moneylink, you can get H U.S. dollars This means you don't need to carry around large sums of cash or look for money changers when you're overseas. With the cheque and save account A I from Standard Chartered an interest-earning account with chequeing facility you can use your Moneylink134 words
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JIANG ZEMIN IN AMERICA
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Article, Illustration1038 1997-10-30 6 Lu Ning - Public relations is probably the most important exercise on the largely cosmetic agenda for the Chinese president's historic visit By. Lu Ning [SINGAPORE] WHEN China's President Jiang Zemin arrived in the US. the visit seemed long overdue. It is not only the first stateREUTERS - 1,038 words
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Advertisement174 1997-10-30 6 M\ r rl'vi 1 I 11 i 11 youj? company on the stock exchange? J good news to 1.2 million readers! s 'i Jtf |0 Hf J aj liff&year of sigriiflcEtni I Company listings are significant milestones and it is to the 'iIQ I IH .-y &h -r rriililori or174 words
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Advertisement10 1997-10-30 6 Jiang in White House after presidential hotline accord, Pg 810 words
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REGION
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Article, Illustration732 1997-10-30 7 Lu Ning - CHINA WATCH HK turmoil a defining moment for •one country, two systems' By Lu Ning Asked at last month's World Bank-International Monetary Fund meeting in Hongkong if China intended to play a more active role in the region now that Hongkong and China enjoyed combined732 words
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Advertisement548 1997-10-30 7 —MB— 1 ess resplendence- And our smartly uniformed Presido drivers. Handpicked and trained, the sheer pleasure of first class our Presido drivers exemplify the kind of personal service you passage to Luxury, travel. Since history, the wonder would exp>ect from City Cab. As an added touch, each Presido i v548 words
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REGION/WORLD
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Article, Illustration446 1997-10-30 8 Leon Hariar - WASHINGTON Hundreds hold anti-China protest across the street from the White House By) Leon Hariar AS Washington was setting its eyes yesterday on the financial turmoil in South-east Asia and listening to Fed chairman Alan Greenspan analysing it, Chinese President Jiang ZeminAFP - 446 words
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Article, Illustration284 1997-10-30 8 USEOUL AFP THE head of South Korea's ailing Kia Group, Kim Sun Hong, called it quits yesterday, giving creditors a free hand to seek ways to end the crisis that has gripped the economy for more than 100 days. Mr Kim's resignationAFP - 284 words
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451 1997-10-30 8 WASHINGTON Sept figures show factory activity may be cooling Bloomberg ORDERS to US manufacturers for big-ticket goods fell in September the first drop in three months and a sign factory activity may be cooling, Commerce Department figures showed yesterday.Bloomberg - 451 words
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275 1997-10-30 8 LONDON Reuters DAVID Bowie was on Tuesday named Britain's richest rock star with a personal fortune of £550 million (Ssl.4 billion), putting him ahead of Paul McCartney for the first time. In the first survey of its kind. Business AgeReuters - 275 words
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Advertisement74 1997-10-30 8 Jane Austen's not for me You must read. It's one way of getting \f information. But you've got to read what's relevant, not what you're interested in. My wife reads Jane Austen. She was a student of English language i*"> and literature so she likes to read books v in74 words
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FOCUS
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Article, Illustration2229 1997-10-30 9 The following is the full text of Federal Reserve Chairman Alan Greenspan's prepared testimony to the US Congress' Joint Economic Committee in Washington yesterday WE MEET against the background of considerable turbulence in world financial markets, and I shall address the bulk of my remarks toFILE PHOTO - 2,229 words
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Advertisement192 1997-10-30 9 f?janheJ^bao \\~nmk*. Nh IMTe^k |i i| 11 5 gum*. »i i *f if- if if if- if if «e- if- if- ir- if- if- if- if- if- if if- COME AND CELEBRATE WITH US AT SALUT! i "Fine Wine Food Affair 1997" f 2nd Labels of Bordeaux I A wine192 words
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A LEAGUE OF THEIR OWN
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Article, Illustration1402 1997-10-30 10 TAN SU YEN - Paediatric anaesthetist Shani Tan who will be the only woman in first S'pore team to Everest talks to TAW SU 7EM TAN SU YEN AS A schoolgirl, Shani Tan discovered that the world was truly her oyster. "My mother used to take me to the National1,402 words
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Article, Illustration550 1997-10-30 10 Tan Su Yen - It takes more than just brute strength to be a I mountaineer, says Dr Tan iffy' Tan Su Yen "THE views, the vistas, from even half- way up the mountain are spectacular, i Prom the top of the mountain, you can see lots of other peaks at550 words
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Advertisement83 1997-10-30 10 brought to you by «Jaeger-leCoultre> 4B t M > Hidden gems are the most intriguing. REVERSO JOAILLERIE. Vf I I I I I > I At I I I HBOuuU^B Diamonds have been SELECTED TO GRACE THIS 1 8-CARAT GOLD ART j DECO JEWEL. WHAT YOU CANNOT SEE IS THE83 words
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Page 11 Advertisements
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Advertisement257 1997-10-30 11 Where to wine> dine and entertain... *****45., ——■—^"T^ ggggg^==!=!=?M "^i HHMBBmHHH kttp ://www. ana-kotels .com Not just seafood either. Visit our Home page and you can order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready to pick up before you257 words
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Advertisement186 1997-10-30 11 V A. 'l W THAI 1 W fo»atpo« 1 Presents choice of SEAFOOD, THAI FOOD PORRIDGE FOOD, 8 TYPES OF PORRIDGE BUSINESS HOURS LUNCH 11.30 am 2.30pm DINNER 6.30pm 12.00mkfnight Presents Shark's Fin Steamboat —Nqy "1 Golden Coin Shark's Fin, Lobster, New Zealand Strip Loin, Dace Fish, Octopus Fillet Enjoy186 words
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Advertisement214 1997-10-30 11 For the best catch town with the I greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, -—Palm Terrace Open daily for all-day dining, alfresco style with an exotic alinese setting. For reservations, please call 73/ 7990. ■OVAL CROWNE PLAZA* *****011 FwmtAy afcr Rmpml HwiwUy214 words
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Advertisement289 1997-10-30 11 what's mni ia (fati "TKuvtl X Itt'f win if It Sit Jay Cliitifiid this *ttkti4. V (J*) Relax by cascading waters from the fountain as you enjoy our afternoon ENGLISH HIGH'TEA T LOBBY *1 _> LOUNGE I EUR J MON DAY-THURSDAY 2.30pm-5.00pm I Our menu: > •Waffles i •Meat pie289 words
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Advertisement209 1997-10-30 11 I <$' ■> V •(it<*r<«i "g *'p I 2. makes spectacle rf-' i itself, as the widest' 1 WH seafood appetiser jf? buffet unfolds before 4 i m\# xV y<"> top °<»•»« .rij i Singapore'* Highest ,^'j Revolving Restaurant. Feast on exciting seafood creations 4 prepared with only the freshest209 words
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Page 11 Miscellaneous
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Miscellaneous849 1997-10-30 11 TV&RADIO 7.00 News 5At Seven. 5.00 Kishore Kumar Special. 7.30 Everybody Loves Ray- M.J Ondrae Ondru (Deepavali 9.00 AM Deepavali Holiday mond. Special Telemovie). Special. Nagarahole 8.00 Phua Chu Kang Pte Ltd. 7.30 Tamil Seithi. Tales From An Indian a3O Holiday Movie Special III: &00 Beriia 12. Jungle. The Jungle849 words
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Miscellaneous147 1997-10-30 11 CRYPTIC CROSSWORD 26 do Anne Bronte with a pseudonym? 7 Private house? (7,8) Yt&flllUDAT'S SOLUTION (2.5.2,1,4) 8 Artist with one fault the ItlrlalvlelllUi iNtaldßlAlNTTl DOWN grape, that was! (6) J i UrMl Weß6Waßßtbßc INo cigar is turned out without 13 Normal pies cooked |kßaßlMwmaßtMnMt| using chemicals (7) co iL^Nfo|AmiAfflDMoipUi*iA 2147 words
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Page 12 Advertisements
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Advertisement46 1997-10-30 12 Mr '4 i k 'MmMI p JfflfljMkil I I B ''WB& liBffBi" i> r: x jx. >:/ ■<£ f >s &j&f&£r.-$ ■r Hi— li ;^mmm r !tmw H r ~ifcrwilWlfo:'-- _a.- -.JM WELCOME HOME Sheraton Towers Singapore. Thirty-Nine Scotts Road Singapore *****0. Telephone:(6s)737 6888. Facsimile:(6s)737lo72. Email, anssh2@ipo.pai ific.net.sg46 words
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COMPANIES & MARKETS
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799 1997-10-30 13 David Boey - 30 worst falls among trustee stocks down 48-65%, while STII has lost over 30% since start of year By\ David Boey [SINGAPOREJ Central Provident Fund (CPF) members hoping to multiply their hardearned retirement savings via the stock market would be disappointed. Not799 words
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269 1997-10-30 13 Members must bear responsibility for investment decisions [SINGAPORE] The Central Provident Fund (CPF) Board has suggested its account holders exercise more caution when dabbling in shares, especially under the present volatile market conditions. In a written response to BT queries about the performance269 words
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700 1997-10-30 13 Lee Han Shih - HOCK LOCK SXEW Lee Han Shih HOW badly is Singaporelisted Inno-Pacific Holdings affected by the Malaysia stock market crash? The core business of the mainboard company, after hiving off its paper division last year, is the Shakey's fast-food chain. In this regard,700 words
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296 1997-10-30 13 Annette Pau - BSA members told to pay costs; they say they will appeal By. Annette Pau [SINGAPORE] The High Court yesterday struck out the civil suit filed against local compact disc maker SM Summit Holdings Ltd by parties who raided its premises for 15 hours on296 words
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418 1997-10-30 13 Jenny Lam - By Jenny Lam [SINGAPORE] Uraco Holdings yesterday reported a 38 per cent fall in group net earnings to $9.5 million for the year ended July 31. But the lower profit was all but wiped out by extraordinary losses, leaving a bottom line418 words
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REGIONAL COMPANIES
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607 1997-10-30 14 S N Vasuki - Bat the going will be tough with foreign investors staying on sidelines: analysts From S N Vasuki in Jakarta CALL them brave or naive, but Indonesian companies are ignoring bearish market conditions and in recent days have announced plans to raise607 words
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Article, Illustration112 1997-10-30 14 Reuters [SINGAPORE] Jardine group's Hongkong Land Holdings Ltd has bought back 17 million shares, a statement from the group said yesterday. The statement to the London Stock Exchange said Hongkong Land bought 17 million shares on the market on Tuesday at between US$l.9B and U552.52.Reuters - 112 words
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371 1997-10-30 14 Reuters [MELBOURNE] Shares in Australian mining, steel and oil giant Broken Hill Pty Co Ltd (BHP) rallied yesterday after Tuesday's mauling, but traders said they doubted a rumoured takeover bid was behind the rebound. "The stock had got to extremely low levels soReuters - 371 words
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292 1997-10-30 14 Abdul Hadhi - By. Abdul Hadhi [SINGAPORE] Hai Sun Hup has finally decided how it wants to redevelop Caltex House in Sydney. According to a statement released yesterday, the redeveloped building will be 28 storeys high, and will incorporate a 157-unit luxury292 words
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218 1997-10-30 14 [SINGAPORE] Sesdaq-listed Vikay Industrial yesterday said it was expanding its capacity to meet rising demand from handphone maker Alcatel. The group said six lines at its China plant are now dedicated to making electronic display modules for Alcatel's colourful "one touch easy" handphones,218 words
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166 1997-10-30 14 Bloomberg [SYDNEY] Village Roadshow Ltd, a cinema exhibitor, said trading in Asia so far this financial year is ahead of the previous corresponding period, and the Asian turmoil isn't going to have any significant impact on its profits. "In terms of our AsianBloomberg - 166 words
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325 1997-10-30 14 Jenny Lam - Results boosted by pre-tax exceptional gain of HKs9.4m By, Jenny Lam [SINGAPORE] Benefun International, a fashion retailer with a primary listing in Hongkong and a secondary listing here, yesterday announced a 68.3 per cent jump in net profit to HK565.4 million (5513.4325 words
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493 1997-10-30 14 Reuters [MANILA] Philippine conglomerate Ayala Corp appears well positioned to weather Asia's financial turmoil despite figures released yesterday showing profit growth slowing. The Philippines' oldest and largest conglomerate said net income grew 6 per cent to 5.24 billion pesos (*****.2Reuters - 493 words
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REGIONAL/INTERNATIONAL COMPANIES
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Article, Illustration325 1997-10-30 15 Del&y&blowto company after criticism over rare share offering FT [FRANKFURT] Volkswagen, the German carmaker, on Tuesday fell victim to worldwide market turbulence when it unexpectedly postponed its contentious 6 8 billion Deutschemark (555.5 7.3 billion) share issue after one of the biggest declines inFT; Source: Bloomberg - 325 words
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242 1997-10-30 15 Bloomberg [BUFFALO] First Empire State Corp has agreed to acquire Onßancorp Inc for about US$B72 million (Ssl.4 billion) in stock and cash, creating the largest bank in upstate New York. First Empire, based in Buffalo, New York, said it would pay 0.161Bloomberg - 242 words
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382 1997-10-30 15 Bloomberg [TORONTO] Bell Canada will install Microsoft Corp software on all its 35,000 desktop computers as part of a Csl billion (Ssl.l billion) plan to overhaul its computer systems and lower costs to deal with more competition. Although Microsoft said the orderBloomberg - 382 words
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477 1997-10-30 15 Chipmaker says it has no plans to boost current share repurchase scheme Bloomberg {SANTA CLARA. California) Intel Corp said it doesn't plan to boost its current share repurchase programme after investors said speculation swirled across trading desks that the company was poised to do so.Bloomberg - 477 words
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FINANCE & COMMODITIES
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Article, Illustration514 1997-10-30 16 Income soars to marks on asset sales but analysts say rising administrative costs may weigh on profits Bloomberg [FRANKFURT] Deutsche Bank AG said nine-month net income rose 55 per cent, as analysts expected, as a series of asset sales outweighedBloomberg; FILE PHOTO - 514 words
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479 1997-10-30 16 Crude oil, livestock, grain prices fall on prospects for slower growth in region Bloomberg [NEW YORK] Crude oil, grains and livestock led commodities lower as a slump in Asian stock markets raised and reduced demand for raw materials. Weaker Asian economies means "lower demand forBloomberg - 479 words
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235 1997-10-30 16 Reuters [NEW YORK] J P Morgan Securities said it raised stocks and cut bonds and cash in its model US balanced investment portfolio following the selloff on Wall Street. The firm said it raised stocks to 60 per cent of theReuters - 235 words
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392 1997-10-30 16 Unit may have price tag of USslb or more, say analysts Bloomberg [MIDLAND, Michigan] Dow Chemical Co said it will sell its consumer products unit to closely held S C Johnson Son Inc, maker of Johnson Wax and Pledge,Bloomberg - 392 words
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264 1997-10-30 16 Bloomberg [WASHINGTON] The US Ex-port-Import Bank hasn't decided whether to approve funding for a venture which the Franco-American groupSchlumberger plans with Russia's Gazprom, a hank spokesman said on-Tuesday. The loan, said spokesman David Carter, is "in process" and hasn't been submitted to theBloomberg - 264 words
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242 1997-10-30 16 SI MUX Report Reuters [SINGAPORE] Simex Eurodollar futures eased yesterday as trading activity fell back in the wake of an overnight stock rebound on Wall Street. "Eurodollars saw their big moves yesterday. It's all a question of what's happening on the stock markets now,"Reuters - 242 words
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165 1997-10-30 16 Perry Gilbert - KSCI TAIWAN FUTURES Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract traded on an all-time high volume of 10,665 contracts yesterday, surpassing the previous record of 9,467 contracts on Thursday. Open interest also165 words
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Article231 1997-10-30 16 ENERGY REPORT Reuters [TOKYO] Oil traders can expect business as usual next month at the Opec meeting in Jakarta, with a likely roll-over of its members' production quotas, the group's president said yesterday. "I don't expect there will be an increase in Jakarta. IReuters - 231 words
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Article, Illustration1352 1997-10-30 16 MTHaBAMKC*08gRATB8 oc t 29 a$ c$ two ten Ffr P« m rw n w «$wnti mi mi t im tmpm* \n$ AwtrHto 0.991 1178 0324 4.W 1229 1460 ********** OJW 6309 2.400 UB 3U*****5 139 UK %M 2L*****.475 0.424 0.706 CM* 1009 5.9W 0.429 4.153 L240 5309 25.854 ***** 0.8SB1,352 words
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Article278 1997-10-30 16 Reuter. AFX Asia London THE dollar rode higher during the European session on a wave of relief that world stock markets had taken a turn for the better. Eagerly-awaited testimony from Federal Reserve chairman Alan Greenspan pointing to healthy US growth with low inflation gave a fillip toReuter.; AFX Asia - 278 words
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Article1781 1997-10-30 17 S1C0M FUTURES Oct 29 KUNtt (Mm cM* at U0p«) IBS 1 CONTRACTU c«*A«> ClOM Volume Open *e low lott (two) Iwtamt Nov 97 134.00 50 Dec 97 135.50 950 Jan 98 137.50 1720 Fe6 98 MOJO 1870 Mar 98 143.50 1870 Apr/JOR 98 149.00 149.00 149.50 300 *****1,781 words
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Article1658 1997-10-30 17 Reuters HMkhriaS ****** BELEAGUERED Tokyo share prices soared yesterday, cheered by Wall Street's sharp rebound and a halt in the global slide in equity markets. But the dollar failed to advance against the yen and market players remained jittery about possible fallout from the latest turmoil in Asian financialReuters - 1,658 words
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Article2334 1997-10-30 17 LONDON lufritrltli Oct 21 hncl 31 Group ~49S Tt3 AB Port J 283 13.600 Abbey National 916.400 6.400 Allied Domecq 523 23 Afiwc 146 2 Aula Group 154.600 1.600 BATInd 542 19 BG P»c 260 *7 B1CC 170.400 8.400 BOC Group 1006 6 BR Petroleum 869.400 24.4002,334 words
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Article, Illustration1573 1997-10-30 18 Reuters 11 Hang Seng +1,705.41 THE blue-chip Hang Seng Index staged a record rally yesterday, wiping out all of Tuesday's devastating losses after US stocks surged overnight encouraging investors to step back into the local market. The index surged 1,705.41 points, or 18.82 per cent, to close at 10,765.30Reuters - 1,573 words
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Article, Illustration605 1997-10-30 18 Reuters Fl Shenzhen B Index +2.96 CHINA'S foreign currency B shares staged a strong advance yesterday on the back of a powerful rebound in Hongkong stocks after Tuesday's steep losses. The B share indices in Shanghai and Shenzhen rallied after losing more than 7.0 per cent on Tuesday asReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 605 words
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Article397 1997-10-30 18 AFP QWP Index -120.45 THE Taiwan stock market dived 1.7 per cent yesterday on volatile trading despite a sharp recovery on Wall Street and on the Hongkong stock market, dealers said. "The sluggish bourse could not easily be helped by the one-day rally in the major stock markets," saidAFP - 397 words
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Article258 1997-10-30 18 AFX-Asia Wellington +214^7 SHARES prices closed sharply higher on the back Wall Street's rebound. The NZSE-40 Capital Index closed up 214.87 points at 2,376.88, its biggest ever oneday rise to recover much of Tuesday's 307.74-point fall. Turnover was valued at NZ$llB.5 million. —AFX-Asia Oct w «a room ANZ BcnktngAFX-Asia - 258 words
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Article, Illustration830 1997-10-30 18 AFP Q SET Into -3.64 THAI share prices fell 0.8 per cent yesterday to a new fourmonth low as domestic concerns overcame an initial rebound from heavy losses the previous day, analysts said. The market ran up a 3 per cent gain at the opening in a rebound offAFP - 830 words
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Article404 1997-10-30 18 Reuters Composite Index *113$ STOCKS shadowed global markets with a rebound into positive territory yesterday, underpinned by expectations of government support measures, brokers said. Seoul's Composite Index rose 2.29 per cent, or 11.36 points, to close at 506.64. But a sharp fall by the won against the dollar andReuters - 404 words
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Article601 1997-10-30 18 AFP HAllOrtotriM *1418 THE share market yesterday roared back from its record 177.8-point loss of the day before, gaining 6.2 per cent in a bargain-hunting frenzy. The All Ordinaries Index, rose 143.8 points to 2,443 on turnover of 515.2 million shares worth Asl.3 billion. In an unprecedented move, theAFP - 601 words
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Article, Illustration695 1997-10-30 18 AFP n Composite Index -*-24.06 SHARE prices closed 5.4 per cent higher yesterday on a technical rebound that followed strengthening in Wall Street and Hongkong, dealers said. "I am not surprised by the market's strong rally. I think it is just a technical rebound after yesterday's sharp drop," saidAFP - 695 words
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Article303 1997-10-30 18 AFP Q Manila *TSSn SHARE prices closed 4.3 per cent higher in thin trading yesterday in line with a Wall Street rebound, but the long-term outlook remained bearish. The Philippine Stock Exchange Index gained 73.97 points to 1,814.15. Turnover was 965.25 million shares worth 1.47 billion pesos compared toAFP - 303 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration305 1997-10-30 19 Reuters Composite Index +15JI SHARE prices ended up but sharply off the day's highs as an initial euphoria over Wall Street's rebound gave way to local factors and squaring up ahead of the Deepavali holiday today, dealers said yesterday. The Composite Index closed upReuters - 305 words
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Article250 1997-10-30 19 M> o— um Canaumar prd 28 18 1C MM 4* 13 7 Canatrvctton IS 12 1 Tr«dta«/S¥C 40 28 S Mfrutru 2 1 1 riMoc# 42 IT T MM t 2 2 ►wertv M 20 n PUMaMn 22 IS 3 MMn« S 0 2 Tr*J« 3 0 1 Law M250 words
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Article8636 1997-10-30 19 MDUSTWIALS CwuwMf protacti 1*97 Lost Ve4 Day Net Cap High Low Company Sole 'OOP High Low P/t Smil 790 354 Afinomoto 354 unch 10 360 354 19.6 143.5 448 214 Angkeso 216 unch 90 222 216 6.4 318.5 905 370 Apollo Food Hlg 490 10 2 490 490 14J 196.08,636 words
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WARRANTS & OPTIONS
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203 1997-10-30 20 R Sivanithy - WARRANT WATCH By R Sivanithy ONE of the best gearings enjoyed by any warrant in the market is the 15.7 times that's on offer by Robert Fleming's covered warrant on Hongkong Land. The warrant and the underlying shares have been very volatile and203 words
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Article3751 1997-10-30 20 BONOS, LOANS i WMftAMTS wt 1997 Last Vol Day Last Ouot* Avg High Lm Strvo Company Satt HT (OOO) Mtgh Low Byytr Satlar Prka 68 22 m 3000 m AMOB c5.5%*****6 23 *03 7 M 23 22 81 15 3)60 Actf ******1 OSS 20 *5 264 20 18 19 203,751 words
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Article2435 1997-10-30 20 MALAYSIA# STOCKS Gr Gr 1997 Last vo4 My Last Oust* Mv 0»v ym Nat M Cap High Law Stno Campany Sate COOP) High Law ftjyar SaPar Cvr P/I Smd 478 128 HI 5000 AISB50C 128 Cd 3 104 142 iii 125 128 iO 33 0.9 48.3 1313 1372,435 words
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STOCK EXCHANGE OF SINGAPORE
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Article1825 1997-10-30 21 TURNOVER COOO) VALUC ('000) M«tn Ood TMW CH> TX1 Industrial 115,778 39.934 135.712 239,699 3U99 271.09* rm«K» 18,602 14,768 33.370 109.119 16.746 >25.865 Hotate 8,378 1.264 9.642 11.159 755 11.914 40,388 12.341 52.729 135.940 5,929 141.869 Plantation 2,779 2,779 2.681 2.681 MMnq 1.134 1.134 656 656 81W 15.351 16,692 32.0431,825 words
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Article5293 1997-10-30 21 G r fir M Wt 1997 Last Vol Day Lot Oust* Otv Mv VM Met Cap Avg Mfk Lot StNo Company S* COOP) H» U» jjg> Igf Cw P/K $»M Prtt» INDUSTRIALS 197 46 1020 ACE Dynamic »60c 46 -9 191 56.5 46 45.5 46 37.7 54 51465,293 words
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Article1221 1997-10-30 21 fir fir M Wt l««7 Last Vat Day iMt OmIi Otv Otv YM N«t Cd# Avf m> l—> m>t c—in»i mi rooo) Mm i— ni» cw wi M ww SESOAQ 186 76 d 2000 ABRhwqsSc 130 »1 162 133 129 129 I JO 3 ON 6 0 0.1 1851,221 words
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Article, Illustration74 1997-10-30 22 Shiv Taneja - Shiv Taneja PACIFIC Century Regional Development closed five cents lower yesterday at 70 cents on a volume of 5.12 million shares, compared with its 10<lay traded average of 402,300 units. The stock is at its lowest ever, and the daily and weekly RSI and Stochastics charts are virtually74 words
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Article224 1997-10-30 22 Stocks Volume HK Land USIOc 19,413,000 •Land General 12,355,000 IPC Corpn 5c 10,253,000 NatSteel 50c 7,956,000 •RHB Cap Wt99 7,730,000 DBS Land 6,640,000 HKL RFWt*****3 6,380,000 Wing Tai 25c 6,028,000 Hotunglnv MT5 5,478,000 PacificCentury 5,124,000 Stocks HK Land USIOc 44.419,832 UOB Foreign 28,609,089 OBS Foreign 24,517,258 OCBC Foreign 24,073,095 City224 words
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Article, Illustration657 1997-10-30 22 R Sivanithy - STOCK MARKET COMMENTARY Too early to say worst is over, say brokers; although selling has been overdone, investors still prefer to sell into strength than take fresh positions By R Sivanithy [SINGAPORE] The local stock market yesterday took a first, tentative657 words
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ON THE GRAPEVINE
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Article103 1997-10-30 22 IF you're thinking of relaxing, don't. Word on the stockmarket yesterday was that bottom-trawlers who went deep-discount fishing for heavily-sold stocks during Tuesday's 123-point fall in the main measure of share prices, the Straits Times Industrial Index (STU), were taking profits yesterday. With nerves so badly frayed,103 words
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Article86 1997-10-30 22 CERTAIN truths about the nature of markets are being irritatingly brought home in the present environment. Asked for his diagnosis on how Malaysia might curb credit growth, John Greenwood, US-based economist of Chancellor LGT Asset Management who was in town this week, said a rise in interest86 words
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Article144 1997-10-30 22 ANALYSTS' angst is quite the raging topic nowadays. So, with business volumes under siege, pity the stockbroking fraternity which are now looking nervously across the Causeway for a return of their Malaysian brethren. In the mid-90s there was an exodus of Malaysians from Singapore's financial centre, lured home144 words
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Article90 1997-10-30 22 WE hesitate to use the phrase "post-mortem" since there are, after all, still some signs of life on the Hongkong stockmarket as indicated yesterday. The inquiry, then, into the big crash of share prices, threw up an interesting observation during a radio talkback show yesterday. A caller90 words
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Article101 1997-10-30 22 WITH all this mayhem on the market, their clients are hanging on to whatever money they are left with. So remisiers are now after blood. The Society of Remisiers (Singapore) tells us it is organising a blood donation drive on Nov 10-12 from 11am to 6pm at101 words
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Article112 1997-10-30 22 ANOTHER sign of these very trying times is that there are obviously people around who want to read the market, but without paying any extra cents. One of our reporters woke up yesterday morning to find her copy of BT, usually delivered at about 7am, stolen112 words
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Page 13 Advertisements
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Advertisement210 1997-10-30 13 Tuckinto American Pie, followed by Strawberry Fields Tickle up the taste buds and prepare to feed your ears at the ad industry 1 s annual groovy get together. A rock 1 n I rolling non stop spectacular of Music» Macarena and the Monster Mash* 1 Get wined and dined in210 words
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Advertisement60 1997-10-30 14 •THEY CH3SED a fIUCLEaR HEaPDn ip- aßouna the übrld. m -IT FBLLBHEB THEM HBHE. CM. BBME V KIBMA M A. V f "f v f t' 1 4r ggMr ""PEACEMAKER IHUHMS KIMS mm iMIMI IHHw MM ORRIMCDII WAN "INI PIMr«IM MHIH-SMI "WB Mil Ei 'ci- ™>'~ nSStSHEIIET (IMRBVnSSAVMROSENMHM.I(( SWISH Ml60 words
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Advertisement21 1997-10-30 14 FOUND SOMETHING? Locate its owner through Classification 821 (Found). t Simply call CA.T.S. at for this free service. Ano*m Ctatttted S«rvfc»21 words
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Advertisement163 1997-10-30 14 CTCT -—T MUM Rue Bourbon MMI ...THE HOME OF CAJUN/CREOLE CUISINE PREPARED BY CHEF KENNING FROM NEW ORLEANS. THE BUSINESS SB LUNCH Special 3-Course Menu at $35 or choice of a la carte. THE BOURBON ST., SB DINNER j 5-Course Special Set Dinner Menu at $75+++ or choice of a163 words
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Page 15 Advertisements
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Advertisement356 1997-10-30 15 One of our best ever 5-Day Public Sale of Arts Antiques at The MARCO POLO HOTEL, SINGAPORE, 11.00 am to 8.30pm daily from Thursday 30 October to Monday, 3 November 1997 (telephone during the sale only: 378 1855) MSale of over 300 items consisting of: Oil paintings, lithographs, etchings, drawings356 words
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Page 18 Advertisements
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Advertisement82 1997-10-30 18 calling about See...l told The card we're f the computer I yoii this was a I making for Susan V I advertised in J good deal, y /i up, we got what V is going to be J Straits Times J f J* fwe wanted because real nice! Va3^ n82 words
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Advertisement19 1997-10-30 19 1 Make The Straits Times Classified your first pit stop when i shopping for your car or motorbike. I19 words
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Advertisement10 1997-10-30 20 Put The Straits Times Classified to work for you today.10 words
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Advertisement44 1997-10-30 21 I saw /rv was such\ j Dingdong! I i advertisement in p I a nlce sur P rlse J bouquet of flowers girlfriend. jM i 7", J Buvinfi or selling through (^uw v ry The Straits Times Classified is child's Play. CallC.A.T.S.at 1800-737-1166. til44 words
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Page 22 Advertisements
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Advertisement333 1997-10-30 22 BUSINESS Xotices To advertise call toll-free 1800-741 18X3 NOTICE IS HEREBY GIVEN that, I Yeo Koon Beng of Blk 37, Tanglin Halt Road #02-121 Singapore *****7, have applied for a 2nd Class Beer House Licence in respect of M/s Stand-By Cafe located at 144 Upper Bukit Timah Road #04-67 Beauty333 words
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Advertisement498 1997-10-30 22 NOTICE IS HEREBY GIVEN that, I Chua Mui Kim of 104 Jalan Rajah #05-59 Singapore *****4 have applied for a First Class Public House (Extended) (Tourist Hotel) Licence in respect of M/s Sole Luna Pte Ltd located at 275 Holland Avenue Singapore *****3, and that this application will be considered498 words
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Advertisement41 1997-10-30 22 Cant Keep your house in order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified, Home Needs Classifications 90 to 120 CATS.41 words
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Advertisement506 1997-10-30 22 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE M VTTER OF LINEAGE FRFIGHT INTERNATIONAL PTE LTD (INVOLUNTARY IIQUIDATION) MhMBERS" VOLUNTARY WINIMNG-UP At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 625 Aliumed Road #06-02 Aljunied Industrial Compter Singapore506 words
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Advertisement262 1997-10-30 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF VENICE MARINE SERVICE PTE LTD (Members' Voluntary Winding-up) At an Extraordinary General Meeting of the Members of VENICE MARINE SERVICE PTE LTD, duly convened and held at 5001 Beach Road, #04-11 Golden Mile Complex, Singapore *****8262 words
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SHIPPING TIMES
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Article303 1997-10-30 23 Bridge News, Reuters GRAIN TRADES remained generally slow and the near term outlook looks gloomy. Tuesday's excitement on the stock market overshadowed Biffex, as traders found the equities rollercoaster a greater diversion than the steady decline on the freight futures market, Clarkson Securities Ltd said in its dailyBridge News,; Reuters - 303 words
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Article293 1997-10-30 23 sis iflHK 'o°° M» CWT OUt 0.82 -0.02 42 Chuan Hup 0.62 -0 025 191 Coscomv 0.80 -0.02 18 rrataMLMM 0294 *0.02 274 OSHoMtnqt 0 37 uncti 29 Hat Sun Hup 0.685 *0.035 229 HitacNZOMn 0.475 *0.02 326 IMC HoWlngi HK5.60 Jay* HoMtnqs 0.61 -0.04 21 Jurong Shipyard293 words
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Article, Illustration410 1997-10-30 23 Marcus Hand - Weaker S'pore dollar seen by analysts as boosting competitiveness By] Marcus Hand [SINGAPORE] Singapore's port should not be impacted by the region's economic turmoil and may in fact benefit from more competitive pricing due to the depreciation of the Singapore dollar. AccordingFILE PHOTO - 410 words
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782 1997-10-30 23 David Hughes - NEWBUXLDS r By. David Hughes IT MAY, after all, be too early to write off the US commercial shipbuilding industry. No sooner than this correspondent had, in the companion Dockyard column, more or less penned an obituary for commercial newbuilding782 words
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135 1997-10-30 23 [SEOUL] A fiery explosion aboard a Panama-registered oil tanker under repair at a South Korean shipyard killed nine workers and injured eight, shipyard officials and police said on Tuesday. The blast occurred around 0600 GMT (1500 KST) on Monday aboard Atlantic Blue,135 words
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Article, Illustration347 1997-10-30 23 Marcus Hand - Output and value-added per worker for 1996 down compared to 1995 By] Marcus Hand [SINGAPORE] Singapore marine industries should shift their focus towards "higher value-added" activities with more engineering content, a government official said last night. "To sustain Singapore's leading position in347 words
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Article, Illustration466 1997-10-30 23 AFP [TOKYO] Japan has warned that a decision by the US Federal Maritime Commission (FMC) to levy partial sanctions against Japanese shipping companies could damage bilateral economic relations. Foreign ministry spokesman Hiroshi Hashimoto said the government of Japan "has consistently urgedAFP; FILE PHOTO - 466 words
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246 1997-10-30 23 AFP [AßU DHABI] The biggest shipping firm in Saudi Arabia has signed an agreement to borrow US$3OO million (Ss47l million) from the US Chase Manhattan Bank to refinance the purchase of five supertankers from Japan. The National Shipping Company of Saudi ArabiaAFP - 246 words
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Article, Illustration899 1997-10-30 24 Anita Green - PORT PRIVATISATION To raise efficiency, governments around the world are involving the private sector in port development By. Anita Green International Transport Journal IN THE drive to enhance port efficiency without cash commitment, governments from the Philippines to Argentina are involving the private sectorInternational Transport Journal - 899 words
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257 1997-10-30 24 PAGE II ECS 8 ACL 9 Ethiopian 6 ani 3 Eurohans 6 Accord 8 Appenship 5 famous Astro 3 Fl-Bright 6 Austral 9 Foon fl S4jn A want A Link 4 j Gemartrans M Batamindo 7 J Bayswater 7 r B'tanq Mas 8257 words
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Article24900 1997-10-30 32 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyaqe Telephone SIM Dtsfn Njm« Nam* Number Number SIN Oest'n Name Name Number Number 01/11 n/11 ACL OANU BHUM 033NB 65-*****21 A 01/11 n/n ACL KOTA BUANA (BMT/LC BNA349 6S-*****21 09/U 12/n ACL KOTA BERKAT BK24,900 words
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SHIPS IN PORT
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Article747 1997-10-30 37 Voy No Brth Arrival Dapartura j«im Nrt It ha *****7 J01 aiongsid* 2910/1300 Bt Col J Hur *****7 J01 ikxxpK* 29 10/1600 Bt Kur Man Oct29 J01 tonpxk 29.10/1800 M IH8 M *****7 J01 alongydt 2910/1800 Bt OodJ *****7 J01 aiongsid* 2910/1430 It R« 21U 1697 J01 atoigsidt747 words
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Article1773 1997-10-30 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/BoUnco Rstls Ship Voy Wo ttb/Btr Ptflod From To From aci uik on* 01/1500 u 29/1500 ww* now a/soo nr* h n/noo 2* nnroo 30/0*51 wotoo 29/1700 )0/0*51 10/0900 10/0700 30/189 30/1400 4 JO/WOO 30/145* 30/1700 *144*4 044M 3V0700 U1,773 words
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Article208 1997-10-30 37 Oct 30 Malaysia: Deepavali. Singapore: Deepavali. Oct 31 Taiwan Birthday of President Chiang Kai-Shek. Novl Belgium: All-Saint Day. France: All Saints Day. Philippines: All Saints Day. Sweden: All Saints Day. Nov 3 Japan: Culture Day. Nov 11 Belgium: Remembrance Day. Canada: Remembrance Day. France: Anistice Day. United States:208 words
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Article949 1997-10-30 37 THIS report, compiled by Cockett Marine OU Ltd. shorn price range* In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on average-slaed stem Market movements are Indicated The Cockett Bunker Price Index change and the Individual949 words
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Article502 1997-10-30 37 Carbon 180 Mai 990.7 1.0 16.3 O K) 55 0 04 Oct 23 Omlty M<r ImMh Ask UmWm Sfwrt No abow £25 0 0 t 0 0 0 r 380 Am 986 1 0J 13.4 0.07 34 0.02 (o« 380 Mai 994.0 0.8 162 0.09 46502 words
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AIR & LAND TRANSPORT NEWS
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181 1997-10-30 38 Reuters [CANBERRA] Australian Finance Minister John Fahey said that over 30 groups had expressed an interest in the 15 airports to be sold in phase two of the government's airport privatisation plan. "The airports have attracted significant interest from local and international investors, indicatingReuters - 181 words
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Article, Illustration50 1997-10-30 38 [BEIRUT] A Lebanese soldier and a plainclothes security officer (left) guarding a German airline Lufthansa plane that is disembarking its passengers at Beirut airport on Monday. The German company resumed its flights to Beirut after a 14-year forced suspension due to Lebanon's 1975-1990 wars. AFPAFP - 50 words
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276 1997-10-30 38 Bloomberg [SEATTLE] Boeing Co will take a charge of more than US$l billion (551.56 billion) in the fourth quarter for ending production of the MDBO and MD9O jetliners and possibly other operations, said Wolfgang Demisch, an analyst with BT AlexBloomberg - 276 words
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268 1997-10-30 38 Reuters (MOSCOW] Russia's flagship carrier Aeroflot-Russian International Airlines sees passenger and cargo volumes increasing in Russia in the next two years, first deputy chief executive Nikolai Glushkov said. "Our experts say volumes should rise in 1998-99 after several years ofReuters - 268 words
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Article, Illustration529 1997-10-30 38 British carrier chief hopeful deal will get nod from authorities on acceptable terms Reuters [TOKYO] British Airways pic chief executive Robert Ayling said on Tuesday that progress was being made on regulatory approval of BA's alliance with US carrier American Airlines andReuters; FILE PHOTO - 529 words
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192 1997-10-30 38 Bloomberg [NEW DELHI] Hero Honda Motors Ltd, India's largest motorcycle maker, could see an 80 per cent rise in profit for the six months to Sept 30, after rebuilding plants and offering incentives to staff to boost productivity. "Improving productivity has meant higherBloomberg - 192 words
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391 1997-10-30 38 Eventual goal is to create regional airline by next year AFP (PORT-LOUIS] Air Mauritius and Air Seychelles were due to inaugurate a joint company on Tuesday as part of a drive by Mauritius to federate Indian Ocean airlines to pep up a market stillAFP - 391 words
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518 1997-10-30 38 Reuters [NEW DELHI] India's largest truck maker, Tata Engineering and Locomotive Company Ltd (Telco), is gearing up for a big push into the car market in 1998 with a slew of new models, while the sales of its trucks remain depressed.Reuters - 518 words
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Article1669 1997-10-30 38 an (uw m ruaw no MM OfB, 830 0T82 2050 ***** 835 0f05 2220 $0229 2220 1X778 1645 S0326 2355 AastfftM *1643 0550 KLUI 2335 0125 0700 0126 2355 F Mt> V>m 1730 ***** 01,5 S025 0700 5026 2355 t—W 8BW WW BO GmmzNouPK S0803 W01,669 words
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Page 23 Advertisements
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Advertisement22 1997-10-30 23 Port privatisation is the name of the game Governments around the world are involving the private sector in port development. Page 222 words
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Advertisement23 1997-10-30 23 BA sees progress made on approval of alliance British carrier chief hopeful deal will get nod from authorities on acceptable terms. Back Page23 words
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Page 24 Advertisements
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Advertisement804 1997-10-30 24 vosa yoy v«i su u sm vtssa vor aa Imm|m u« cot |wc sm HON6 ran ones hwho w/io ii/iii io/io os/ii msrauratai m 17/10 19/10 m/io 24/10 m/io 03/11 m/ii Ml AMAZON!! IOWS4I 17/1« 19/11 19/10 25/10 M/ 11 DMHUIUT Iff 24/10 M/ 10 27/10 11/10 N/11 10/11 11/11804 words
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Advertisement640 1997-10-30 24 Lines services represented by Members°« the Registry of Members at the Accredited Shipping Agents. Singapore Freight Forwarders Sfrxe National Shaping Assoc Assocation •J Safe and A A Sii !>-5< Moscow^v J <> EXPORT 3 >opon 2 X Hongkong I MofUo 1 x Koosh.ung KWune lAccephng Kl to RKX/NAHA/SENOAI /C£ WJ640 words
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Advertisement1083 1997-10-30 25 PACIFIC SOUTH WtST EXPRESS (DIRECT) -AISO ACCEPTING MANAUS VIA LAX/HOU yga vot wa sara sx ftp uxdaimwoi kyc <ji hou mm «a AfISNGtfOH 0171 06/10 (»/10 09/10 24/10 28/10 29/10 29/10 30/10 30/10 29/10 29/10 31/10 m.imn om 13/10 is/10 16/10 31/10 04/11 05/11 os/11 os/11 06/11 os/11 os/11 07/ij_1,083 words
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Advertisement2280 1997-10-30 25 HANJIN SHIPPING USA CANADA* R4 VSI/VOT m UN pM""| UMHAUI/VOT iU POX KN (M OTT PH MM lOS IWI Otf NTC YVt TTC TH» TIA YYI w/iT" lo7io~" "m7u~"n7ii~ ~njvT"n7n~ m/u m/u m/u m/u m/u m/u m/ii 22/11 a/n m/u m/u m/u H. HAMMMG 0321 OS/11 04/11 M/ 11 30/112,280 words
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Advertisement1395 1997-10-30 26 <<r DSR-SENATOR In Round the World Container Services TO UK/CONTINENT FROM UK^CONHNENT VtSgl VOY UN HTM 1 OUT |M< HAW FU LH* ||«S«t IWY I LH* FU WTM MV jjgg tm WASHINGTON SOWTOft Mf747 till 811 1311 all Mll »11 2711 MM.IN SENATOR EE74B OB 10 M.lO 07 10 M1,395 words
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Advertisement1207 1997-10-30 26 I NORASIA I VESSEL VOY SIN QOA BCL ALQ LEH ANT ROT FEL MX NOR HONGKONG 1742-3 M/ 10 15/11 17/11 21/11 21/11 22/11 24/11 23/11 2«/11 NORSHARJAH 9743-3 99/11 21/11 23/11 27/11 27/11 29/11 30/11 29/11 95/12 MSC REBECCA 9744-3 11/11 27/11 29/11 03/12 03/12 04/12 06/12 05/12 11/121,207 words
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Advertisement517 1997-10-30 26 LINE SBBK TILi ***** M PAXt 2351*37 MUARA LABUAN vtssa vot cn> m vksa vor ni ro SfOtf MUARA SPOtf IM iPtova v?si/97 su> oi/ii jptosra vtx/v su> oj/ii AftAGMRT Y271/97 01/11 04/11 ATM CUXT ¥171/07 03/11 07/11 JPtOtfß VTM/17 07/11 10/11 JPtOSfB Vltf/07 07/11 11/11 tfttOOIT VTM/17 12/11 14/11517 words
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Advertisement1345 1997-10-30 27 Bkbmßßßl|Bbliib^ IvtSStL VOY «IW BKK POU PKQ PgN BLW SUM BA I BIK IRAN TAKHTI PJL-1249 28/08 0«/09 08/0® IRAN VAHOAT PJL-1253 04/09 31/08 07/09 22/09 24/09 MAN VANOAT PJL-1259 17/10 18/10 20/10 27/10 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN.1,345 words
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Advertisement1345 1997-10-30 27 DIRECT SERVICE 1 FROM SINGAPORE TO lIANYVNOANO I TRANSIT TURI 14 OAYS I with hhmah una J I SINGAPORE'S Gf NERAI AGENTS: 6 SHENTOH WAY HI: 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD *17-mdisklog SAUS/IKGS 4?OSMI/43 INWARDocr (D/O) 420S7SS COSTAR AGENCIES (M) SDN BHD ICR NO: **********01,345 words
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Advertisement311 1997-10-30 27 EASTERN CAR LINER, LTD. StmlK Gty hw 2, |t ECL (SINGAPORE) PTE LTD 1 1 smuuzi w to«o t WAVY lifT UTTOI22WI ECL (SINGAPORE) PTt HO LOADING FOR PORT KLANG/BILAWAN I POUT KUWAMKAKWSURABATA/ mm "AAYATDI" MO UJUNVJ rATII/AIW JTm/iajw MV "COSMIC CHALLENGER" V.55 ETA SIN 29/10/97 ETA P*l3o/10/97 si N311 words
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Advertisement1157 1997-10-30 28 EUROPEAJK/3CANDINAVIA/FINLAHD/RU3BIA S6P ROM ANW HBG THP ZEE IHV LHV THP ROM ANW MBC PHI SGP E. REPUTE RW-011 11/11 21/11 26/11 22/11 24/11 25/11 26/11 E. GENERAL RE-OM 05/10 07/10 00/10 00/10 00/10 03/11 04/11 E. RACER RW-010 00/11 20/11 03/11 20/11 01/12 02/12 03/12 E REFINE RE-013 10/10 14/101,157 words
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Advertisement1173 1997-10-30 28 IfXNONT VISSII VOYMi SGP DIN NA AIU DNN lAH KWT lAI VISSII VOYAM DUB JM AMI DM lAN SOP I UNMCOtt o*lo-001 W 04/11 I A/11 114/1117/11 lt/11 If/11 l»/ll It/11 UNCOWOA *****41E If/10 If/It 20/10 11/11 77/10 03/11 UN(ONCOH) MIIWIW 13/11 13/11 73/11 14/11 75/11 M/ll 74/11 74/11 UWAMtI1,173 words
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Advertisement492 1997-10-30 28 NANTAI LINE FULLY CONTAINERISiD SERVICE TO MAURITIUS SOUTH AFRICA vessel vot six I plu I pur cpt NANTAI PIHXt 018 04/11 11/11 71/11 mmvaus g» 14/11 24/11 02/12 w/11 GOUM DRAGON 001S 23/11 03/12 07/1? 11/1? NANTAI PWIXESS 01IS 29/11 13/12 17/12 NANTAI QUEEN 024S 05/12 13/12 17/12 21/12 6ANTAIHUM492 words
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Advertisement698 1997-10-30 29 BSfl x <<^IHEfVTTSfQrf?SIV l| VS97V?aSSn^^^v M MYANMA pHHk FIVE STAR LINE a (Myonmor Notional Uno) Loading for Yangon (Rangoon) VISSII VOY SIN PRC PEN PGU mm u« sid SAGAING 41 IN PT RALATSIA AGENTS: IOUSHAO SNIPPING AGENCIES lilt HI 02-03-*****00 PM: Til 02-03-*****01 PfN; Ttl 02-04-*****02 PGO: Til 02-07-*****21/4 BANK698 words
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Advertisement1053 1997-10-30 29 A HYUNDAI MERCHANT MARINE CO, LIP. WESTBOUND TO EUROPE BKG: *****32 Ivnrn VOT I s 1"! Ifll I ITM I Alii I MAR Ml I m MY GENitAI 304 M 02/11 11/11 20/11 22/11 22/11 W/ll 25/11 NT DURE JOIW 01/11 26/11 27/11 21/11 21/11 21/11 02/11 NT CORUROOORI 30W1,053 words
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Advertisement588 1997-10-30 29 (fc FAMOUS CONTAINER UNES jfCS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) wBPMtwDKW: wwwi—*iL»m mm—Bt-n^infaiiwn i—4 SAILINGS A WEEK TO S BANGKOK 1 J AND REGULAR SAILINGS TO Y C^ABANG THAILAND \banckok I I LACtWHABANG FOR book,ng *****33 CONTACT AMY P. KLANG PH: 0203/*****33 (20 LINES)588 words
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Advertisement1035 1997-10-30 30 PAMOKOK/LAIM CHABANQ JAKAHTA/PAWJAMO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHUM 216N8 In Pt 02/11 MATHU BHUM 36QS In Pt 01/11 A NAN BHUM 83N 31/10 OS/11 MATHU BHUM ***** 31/10 01/11 ANAN BHUM 83NB 01/11 06/11 DANU BHUM 014S 01/11 04/11 YANTRA BHUM" 212N 02/111,035 words
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Advertisement626 1997-10-30 30 PUL INTERNATIONAL LINE PUL INTERNATIONAL W'> M i. hfcw.ll I *<* (■ylDry/twM i. d <■*■«— —w~ muura(UTC p ssigs/WK WI VOT SIN I JKT IMI ui LiGCND MJS I 11/10 M I ***** iMM 05/11 ffiMwrn m Mil lai 65/ii\m\mil B 1 8 m a Hrfiil WT ffl fife Mil626 words
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Advertisement661 1997-10-30 30 rs ACCORD ffl SHIPPING PTE LTD Til *****1S (40 Un*s) FAX *****30 KMKUUIG (031W 1001 0 m MftKT ACCKSS TIL: *****5S (KXPOtT tOOKINO) HSMUKMK (07)IS1IV7 *****34 (KXKMT DOC), *****39 (IMPOftT) «IMM (04) UI 1441 URL;http://WWW.ACCOIIO.COM-SO JAKAtU (10*40 0770 WWW POUT ITA SIN POKT jjj SIN FOKT ITA SIM POKT ITA661 words
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Advertisement53 1997-10-30 30 I 0 HANGLI SHIPPING DIRECT REGULAR SERVICE JAKARTA SURABAYA JAKARTA 09/11 0(/ll F.JWK 14/11 19/11 P. SUMATRA 18/11 19/11 P. KALBMNTAN 22/11 23/11 P.JMW SURABAYA 31/10 31/10 SHAfMON EXPRESS u/ii 12/11 shan Rami 20/11 21/11 SHAMttN EXPRESS 26/11 27/11 SHANFWYU Owners: UNITED SHIPPING ORGANISATION PT. INDONESIA SHANNON SHIPPING CORP. TEL:53 words
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Advertisement326 1997-10-30 31 INDONESIA NATIONAL LINE TO EUROPE I Hi Ainwfßf A.WISEL |4WW IWII-glfll| »/1» I 14/11 OWT 17/1» TO AUSTRALIA ~F B i FULL CONTAINER SEBVKSS ml wWTWwTg tn m. MA ML m ML MM |IMpVM2VM| |wti mm urn wn MtusAi |vMpmtn/ii|wii| 14/11 17/11 ani Noau<m)nnMK|ua|wii wn| iwn n/11 tvn *m mronwwk326 words
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Advertisement928 1997-10-30 31 ADVANCE CONTAINER LINES (PTE) LTD A A I 140 Cad Street, #12-00, PIL BuNdlng. Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****06 »AMOKOK JAKARTA IS SaMm/Woo* 10 PAT) (I Sailing*. WtH, Wl hT"I JOCT uMcn VOY AN BKK voxt TV ANANBHUM928 words
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Advertisement841 1997-10-30 31 vriwn ii voy f an l jed pso lb) ham rtm tmr zg VXE BE NORMA N2ZW 03/11 12/11 IVII 24/11 2*ll 28/11 2*ll 27/11 gUOOOfIggOA WW o*ll I*ll tl/11 3*ll 01/12 03/12 OVI2 gW VtiPOOWON Y72W I*ll 2*ll 3*ll 07/12 o*l2 I*l2 11/12 12/12 WLLE OE MKIOSA V22W 23/11841 words
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Advertisement50 1997-10-30 34 To retrieve more schedules, just follow these simple steps... document 740-6000^^^^^ tep »Vvill be faxed the port your ste P "m™ ke Y in the four number Jpdigit code Ut ~m r Key in your Example: r—*—i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore50 words
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Advertisement379 1997-10-30 36 /0\ SINO EXPRESS SHIPPING fJO*4 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI S—J S (*****7 J.TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI JIN FU 9754 3]/l0 05/y 09/11 CHANG YING 9704 07/11 12/11 16/11 JI NYU 9754 M/n379 words
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Advertisement213 1997-10-30 36 BMmSS^Si wsia sasss? KKZU sa&essssi P. KELANQ: (03) 9HQS77 JKE (21) WOttgr MDM: (tl) *M»> SHANGHAI f LAX/LGB/NYC MVKOttWARUNA" MV "HAMMN CHUNOMU" VI6OI ETA SIN: 05-11-97 ETA SIN: 03-11-97 SYDNEY/MELBOURNE AUCKLAND MV "WO NIDLLOYD BMSBANI V.O2S MV "FRISHWAVVR BAY 4 V.3IS ETA SIN: 08-11 -97 ETA SIN: 02-11 -97 FREMANTLE213 words
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Advertisement136 1997-10-30 36 IOS9RIHRRIIPIR^ ocean JADE 02/11 Nwi/RdnVAMMremrtJK I SOLTA 12/11 I ■MM FORTUNE 22/11 NanffMnWUw/BmrtJK I Loads E7W MMayaa. Indonem 1 Loading for ■pan CRYSTAL Dubai/A. DhaiWßatvairVDamrnan/Kuwait I ■EVA MARIA Dubai/Doha/Bahrain/Damman/Kuwaft I ■PAN FORTUNE HodaidatVJeddatVAqaba/Egyptn'ripoti I HAI I ■AKARTHOS Oubai/A.Dhabi/BahnirVDammarVKuwait I toads E7W. tadonaaia I ILoadngtar f ■OCEAN HOST Los Angetea/New OrlaarVCharlaaton/136 words
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Page 37 Miscellaneous
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Miscellaneous131 1997-10-30 37 LEGEND: R Thunderstorm Temperature c X\ A Sho~er Weother ~y Wind direction with speed m knots Rom Cloudy Sky Wove "9* 1 Surfoce winds ore mdkoted by arrows which Hy with the wind One fui circle represents colm or light and voriable winds One holt fleche represents 5 knots I131 words
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