The Business Times, 18 November 1997

Microfilm: NL21050
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 02.V12AM) 85C SINGAPORE Internet- http://www.asial.com.sg/biztimes TUESDAY, NOVEMBER 18,1997
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  • Article
    MARKET SUMMARY
    58 1 □S.H« Dm* (+9.31) QITOMP WJm 1478J4 (-2.73) VfRMA U BMJB 14.65) awctmrarnn—i Monday qmm UMBOD* MIts ttl8 NIKKH NjttK_+|.IftM HANG SKXQ 19,4 lt.71 *40.43 SCTINDKX 44IJ7 -MJ9 JAKARTA COMP _4IU4 +M ■AMU CO* __|jWJ7 *4in TAIPEI WP! 7JMJ4 <• 198-28 mm.com .___4*.#8 a» Cl-SA CHINA B _UeUL_-MI AUST
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  • Article
    FINANCE
    73 1 US 8t IS# UN i U87 mm D* UK tilt TBI w i.m IJtt MS MM 1.474 HW 119 MM BART MM tMI HJPIAH IN MM MM PUKE BATES SflttAWRB' 144 KUALA UJWUI 9 JO JAKARTA 18.N BANGKOK tUt MANILA. I1M HONGKONG Ml TAffB Mt 8YUm SJ» TOKYO 1»
    73 words
  • Article, Illustration
    S'pore economy surprises with surging 10.1% growth in Q3
    800 1  -  Strong momentum seen for Q4 bat growth expected to moderate next year By Audrey Tan [SINGAPORE] The regional financial turmoil had little impact on the Singapore economy in the third quarter, as economic growth surged to a better-than-expected 10.1 per cent,
    800 words
  • Article, Illustration
    Lock icon Japan's 10th largest bank to close due to bad loans
    478 1 Kmnntaeffa boll ran with Nikkei aoariag nearly 8% [TOKYO] Japan's 10th largest bank, Hokkaido Takushoku Bank, said yesterday that it was going out of business because of a bad loans crisis, ironically setting off a stunning stock market rally. Brokers
    Source: Bloomberg  -  478 words
  • Article
    Lock icon Dow up 122.3 pts at noon
    71 1 Reuters [NEW YORK] The Dow Jones industrial Average rose strongly in midday trading yesterday, prompted by a strong performance from Asian markets. At 12 noon EST, the Dow Jones index was up 122.30 points at 7,694.78 with advancing issues leading decliners about four to
    Reuters  -  71 words
  • Article, Illustration
    Stop bashing America, US ambassador asks of M'sians
    528 1  -  Envoy concerned with growing tendency to blame foreigners From Eddie Toh in Kuala Lumpur A VISIBLY emotional United States ambassador to Kuala Lumpur has blasted the growing anti-American rhetoric in Malaysia, saying it is time to "cool it". Ambassador John R Malott
    528 words
  • Article
    UEM pays RM2.4b for 32.6% Renong stake
    759 1  -  Deal is bail-oat of shareholders; analysts By Meera Tharmaratnam in Kuala Lumpur and Nell Behrmann in London UNITED Engineers (M) Bhd has paid a whopping 2.388 billion Malaysian ringgit (551.13 billion) for a 32.6 per cent stake in Renong Bhd in a baffling
    759 words
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      116 1 M^|>H asfey nragjag patent Attach Systems has filed a complaint against archrival Craative Technology for patent infringement. The complaint, filed in US, centra on Creative's bestselling product, the Sound Blaster AWE 64 sound card, Pg 17 Barclays Bank is considering whether to mount a hostile takeover of its arch-rival, National
      116 words
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      41 1 Intra-MNC transactions dominate regional trade, Pg 2 Sluggish services sectors limiting growth in Q4& 1998, Pg 2 Bad but not doomsday, Pg 13 Tougher for Clinton to push free trade now, Pg 13 More reports on Markets in Turmoil, Pg 7
      41 words
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      79 1 p, v- r v J Resort Melbourne, most spectacular new -< f 4 f fl entertainment complex in Australia, ready to thrill lllMrl n I /vr landI and ,gmtc your cvcry sense- Thcrcs f \r- w W W I you to including Australia's an star deluxe luxury hotel, prestigious shopping
      79 words
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  • ECONOMIC SURVEY OF SINGAPORE: Q3 '97
    • Article, Illustration
      Intra-MNC transactions dominate regional trade: MTI
      541 2  -  Impact of regional turmoil not so severe because final products sold in US, Europe and Japan By, Jennifer Lien SINGAPORE has not been badly hit by the region's financial turmoil partly because most of its regional trade comprises "intra-firm" transactions within multinational companies (MNCs),
      541 words
    • Article
      Robust 34% chemicals growth may ease
      509 2  -  Softening market, falling prices may temper next six months By Ronnie Lim SINGAPORE'S chemicals sector, which grew by a robust 34 per cent in the third quarter, may see its growth tempered in the next six months by a softening in the market and
      509 words
    • Article
      Sluggish services sectors seen limiting growth in Q4 and 1998
      546 2  -  Q4 GDP growth likely t« be mncli lower than Q3's 10 J* By Audrey Tan THE services sectors, hit by the regional Financial turmoil and the sluggish property market, will put a dampener on growth in the October-to-December quarter and
      546 words
    • Article
      Electronics recovery seen powering growth
      498 2  -  By. Jennifer Lien STRONGER-than-expected third-quarter manufacturing growth shows that Singapore is benefiting from a sustained pick-up in global electronics demand, Ministry of Trade and Industry officials said yesterday. "There are indications that the recovery has gained strength," MTI deputy secretary Peter Ong told reporters at
      498 words
    • Article, Illustration
      Vickers almost spot-on with Q3 forecast
      277 2  -  By Andrey Tan PLUNGING currencies and volatile stock markets make for difficult economic forecasting, but one research team was almost spot-on with its third-quarter economic growth forecast. Eddie Lee and Chua Piang Sze, economists at Vickers Ballas, estimated gross domestic product growth of 10
      277 words
    • Article
      Growth in building construction loans rising
      388 2  -  By l Clarissa Tan GROWTH in loans to the building and construction sector is on the rise, and some analysts are worried that developers may be borrowing more to smooth out glitches in their cash flow. Loans to developers totalled $25.3 billion at the
      388 words
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      96 2 By Order of the Receiver (Unless Previously Sold Or Withdrawn) PEARL SEAVIEW HOTEL NOS. 262 276 SHANGHAI STREET, YAUMATEI, KOWLOON, HONG KONG W [jMV 21-storey hotel in urban area .63 guest rooms Enjoys convenient transportation network Proximity to retail area and night market Naming right available BBT Vacant possession TENDER
      96 words
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      414 3 I CHRONOLINER T T?I?i C r NO i ,NER C J hro gra P, hs e The two men will fly in a revolutionary r s theearly 1980s pressurized and unsinkable capsule made of when Breitling developed the Frecce Trtcolort kevlar and fiberglass. It is designed to allow flying teams
      414 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Developers bought more govt land in tough year
      424 4  -  URi:FT96 land sale revenue up 50% to $4Jb despite curbs on speculation By Lee Han Shih DESPITE the introduction of tough anti-speculation measures in 1996, developers actually bought more land from the Urban Redevelopment Authority in that year than in the previous
      424 words
    • Article, Illustration
      MCD's perm sec retires; STPB chief to join Labour Ministry
      372 4 THE government yesterday announced changes in the top echelons of the civil service, including the retirement of Permanent Secretary (Community Development) Er Kwong Wah and the appointment of Tan Chin Nam as a permanent secretary. Mr Er, 51, retires from
      372 words
    • Article
      More regional firms eyeing markets for funds: survey
      434 4  -  21% of firms plan to tap markets for over USssoom compared with 9% previously By, Abdul Hadhi HIT by the recent currency turmoil, more regional companies are planning to go to the markets to raise large amounts of funds over the next
      434 words
    • Article
      SingTel Mobile to offer roaming in N America
      219 4 SINGTEL Mobile will soon become the first PCN (personal communications network) and GSM system for mobile) operator in South-east Asia to offer its customers phone roaming services in the US and Canada. By mid-December, its subscribers will be able to receive calls
      219 words
    • Article
      Singapore has to count on innovation-driven growth: DPM Tan
      354 4 SINGAPORE cannot depend entirely on imported technologies to power its economy and will have to rely more on inno-vation-driven growth, Singapore's deputy prime minister and minister for defence, Tony Tan, said here yesterday. "As we move into the next stage of
      354 words
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      162 4 Today's modern office has to be HHWuH e ffl° ent as os impressive, 1 H especially if you come into frequent contact IP*- Y our clients Thus selecting the right dSSSi d tZT furniture system is very vital. ||7 0 Introducing the VERTICA Furniture System lUoviu>(f IVr f I I
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      198 4 ■f ft a* AH YAT ABALONE FORUM RESTAURANT 190 Clemenceau Ave, #01-01/10 Singapore Shopping Centre Singapore *****4 Tel: 339 0476 Fax: 339 3075 Business Hours: 1 lam 2.30pm 6pm 10.30pm Added J '"P* llol, Ah**AtxloneSet Each Person $98"' 7 f "All t« Styl«" \SfTeSb_ Wfcok toper Prtsfa AlMlooe Doable Boiled
      198 words
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      181 4 "itmtmmk M| w*7KyfEM i -t 4 j M|b IMMM t M I HMM ft 1 ;> ..1 j w% i a»cac»x#4 Rue Bourbon Ml THE HOME OF CAJUN/CREOLE CUISINE PREPARED BY CHEF KENNING FROM NEW ORLEANS. THE mwe& SET LUNCH Special 3-Course Menu at $35 or choice of a la
      181 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      When sales get aborted
      570 5  -  THB PROPERTY COLUMN If the unusual phenomenon worsens, developers may find themselves in a bind By Lee Han Shih LAST Friday the Urban Redevelopment Authority released its latest quarterly update on the take-up rates of major private housing projects. The figures revealed, among other things, more
      570 words
    • Article
      More sites for precast industry: CIDB
      354 5 THE government plans to set aside more land for the precast industry as part of a concerted push to encourage the use of pre-fabricated products in building projects. Lam Slew Wah, chief executive officer of the Construction Industry Development Board (CIDB), said yesterday that
      354 words
    • Article, Illustration
      Lock icon Profit woes for Far East, FCC
      522 6  -  Analysts say they will be worst hit by slow residential property sales By Ang Wan May [SINGAPORE) Far East Organisation and First Capital Corporation (FCC) are likely to be among the developers worst hit by slow residential property sales, say analysts. Analysts say Far
      Source:  -  522 words
    • Article
      Developers' margins fall below 10%
      552 6  -  This compares with 35-40% before May 1996 curbs By- Abdul Hadhi [SINGAPORE] Developers' profit margins have fallen below 10 per cent, down from 35-40 per cent before the May 1996 measures. Calculations by broking analysts show that among recent condominium launches. Hong Leong's margin for
      552 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      368 5 > I FOR SALE BY TENDER Individually or On Enbloc Basis Exclusive Freehold Land I) Sites at Springleaf Avenue, Springleaf ii) Site In Sennett Estate Garden Eststes Q 21 Butterfly Avenue Parcel A Lot 2880 MK 20 8594 sq. ft Land area 7995 sq. ft Parcel B Lot 2882 MK2O
      368 words
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      42 5 Good quftNty factory *p*c* for Imm Available: 5,000 10,000 sq ft HMkifefeßi eiaSLSdßßfc a Located near Oefu light industrial estate Easy access to CTE TPE Floor loading 7 5 17 5 kN/nV Ce*ng height 345 46m a Attractive rental Ample parking lots
      42 words
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      22 5 Ma't kiwi I riad it ia fai -"Mem. Citeb Ctfi' Mhti it SiUu ClttttfM iLtg J t| l ti J Till WtVmVwli
      22 words
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      291 6 COLLECTIVE SALE BY TENDER PRIME RESIDENTIAL SITE AT DUCHESS ROAD \yx\ Site Area Approx. 46,771 sq.ft. Tenure 999 years Plot Ratio/Height Control: 1.4 Up to 4 storeys 7 \?/y QU,ET VERY CONVENIENT. 5 minutes walk t0 Bukit Timah Road., Coronation Plaza, /t? Nan y an 9 Primary School and HwaChong
      291 words
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      334 6 I COLLECTIVE SALE 1 I CHEN YUAN I I dragon pearl I 15 RIVER VALLEY VIEW I I lik J rs? Combined Site Arei :Appmx.6o,6S7sqft I I lil Gjg§_ Plot Ratio :IS I I j Su'Wing Height :Up fo 30-sforeys I 15 Tenun freehold I I Tender ClosingDtte: 27 November
      334 words
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      114 6 No. 152 JaJon Besar 9md New Moity Commercial Batidlng Tenure Freehold Built-in (GFA) 10,676 aq ft Excellent road frontage Near lo Food Court and Market Multi-storey carpark just behind 5 mins drive to CBD CWagArtirflMtr: ISPgc For viewing and tender document please contact Sole Marketing Agent Collective Sale By Tender
      114 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon South Korean markets take a nosedive
      539 7 Woo falls to all-time low against US$ after sodden withdrawal of central bank support AFP [SEOUL] South Korean markets went into a tailspin yesterday as the central bank dropped its support of the won and political wrangles held up financial reform bills, prompting fears
      AFP; Source: Bloomberg; REUTERS  -  539 words
    • Article
      Lock icon Won plunge drags NT$ to 10-year low
      211 7 AFP [TAIPEI] The Taiwan dollar plunged to a 10-year low against the US dollar yesterday, sliding on the back of the South Korean won which plummeted to an all-time low after the central bank withdrew its intervention, dealers said. The local currency dropped
      AFP  -  211 words
    • Article, Illustration
      Lock icon Chirac backs call for currency speculation rules
      364 7 He doesn't see Asia's future damaged by forex turmoil [LANGKAWI] France's President Jacques Chirac yesterday backed Malaysia's call for rules to govern currency speculation, but said he did not believe Asia's future had been impaired by the foreign exchange turmoil. "The excessive speculation
      REUTERS  -  364 words
    • Article
      Lock icon Hang Seng surges 4.6%
      285 7 Buyers return in belief that rales have stabilised: dealers AFP [HONGKONG] Hongkong share prices surged 4.6 per cent yesterday as buyers returned in the belief that interest rates had stabilised and encouraged by a rebound on the Japanese market, dealers said. "Obviously, interest rates gave a
      AFP  -  285 words
    • Article
      Lock icon Japan govt urged to boost local demand
      335 7 US Dy Treasury Chief Summers calls oo Tokyo to spend money to lift economy Bloomberg AFP (TOKYO] US Deputy Treasury Secretary Lawrence Summers told Japanese Finance Minister Hiroshi Mitsuzuka that Japan should take steps to boost domestic demand, and suggested the government spend
      Bloomberg; AFP  -  335 words
    • Article
      Lock icon Assets face deflation risk: ING Barings
      206 7 Reuters [HONGKONG] Asian assets face the risk of deflation which may not yet be fUlly discounted in share prices, ING Barings said yesterday. Deflation is being spawned by tight fiscal and monetary policies together with desperation to raise foreign currency to meet obligations, the
      Reuters  -  206 words
    • Article
      Lock icon Over 12 firms join billion-baht loss club
      291 7 Bloomberg [BANGKOK] Thailand's shares and currency took another beating as a bleak story emerged with an array of companies filing their quarterly income statements. More than a dozen companies said they lost more than 1 billion baht (5540.8 million) in the quarter as
      Bloomberg  -  291 words
    • Article
      Lock icon Delaying reform means prolonging agony: SM Lee
      489 7 Proposed Asia fund should supplement IMF, he adds Reuters [SINGAPORE] Troubled Asian economies are only prolonging the agony if they fail to take tough measures needed to correct fundamental problems, Singapore Senior Minister Lee Kuan Yew said yesterday. Delaying reform means "dragging out
      Reuters  -  489 words
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      77 7 Gss there anyplace south ofj *£l (zPionq to yet authentic *ICantonese cuisine? 6m course. SaiHKir tlit' exquisite flavours of traditional Cantonese dishes, prepared by our team of master chefs from I font) Koncj at f/v award-winning Wah Lok Cantonese Restaurant. A iiwiWkt Hi mis MKkkaxt BrislxM*- \k-ilnHinte Slik /afxtrr Syffciey
      77 words
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      10 7 New body to handle good assets ofailing firms, Pg 1Q
      10 words
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      339 8 F r H rr a 1 I em jKft;, 1 i- fciW-r ...t I *1 RfTR <J 4»«wl 1 N I ■"ii'k I L 9 ul W» v iff *J I *1T" ""WSs** y*%»- «s»»£* i T **s&«JP r* 4 t i&E^H CR N E oVa contensio cpOXENO I Success
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      288 9 i '> 1—- i->— ....1 jy/^^BW^MBprw~~ "S-"'>y r Na^ f Sr h I PI MUI j-arral Kr ■W&r K J|KgflHß3 ""AW i |K f i <? 2Mk "PL J 0 D OXE N 0 styr en i x Sivento Major global supplier of products such as olefin derivatives for The
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  • REGION
    • Article, Illustration
      Lock icon New Thai body to handle good assets of ailing firms
      444 10 HANC.KOK IMF ha* approved Mwuaet management body in principle: Tarrin AFP Bloomberg THAILAND'S newly-installed Finance Minister Tan-in Nimmanhaemlnda said yesterday llangkok would set up a new asset management body to handle the good assets of 58 crippled finance firms. Mr
      AFP; Bloomberg  -  444 words
    • Article
      Lock icon Iran deal: Petronas chief says it's for KL to decide on US probe
      286 10 I.ANGKAWI Bernama, AFP AFP PKTRONAS president Hassan Marican yesterday said the company had not been contacted by any US authority or official over its gas venture in Iran. He was referring to a US probe into the
      Bernama, AFP; AFP  -  286 words
    • Article
      Lock icon Vietnam needs urgent economic reforms: World Bank report
      350 10 HANOI It calls for overhaul of state enterprises, banking system AFP THE World Bank warned yesterday that economic reforms were urgently needed in Vietnam's state sector, trade regime and banking system as it cited an array of worrying trends. The bank said
      AFP  -  350 words
    • Article, Illustration
      Lock icon Project status derailed
      57 10 (BANGKOK] Thailand's new Transport Minister Suthep Thueksuban said yesterday he would uphold the scrapping of the US$2 billion (553.2 billion) elevated road and rail project meant to alleviate the congestion in trqfflc<logged Bangkok. Above, workers for Hongkong s Hopewell Holdings (Thailand) seen lowering a newly-arrived train car
      AFP  -  57 words
    • Article
      Lock icon Chuan faces defections on new cabinet's first day
      377 10 BANGKOK 2 Prackakorn Thai MPs quit, 10 more may withdraw rapport AFP AS two MPs resigned yesterday, the first day of the cabinet of new Thai Premier Chuan Leekpai taking office, the coalition government braced itself for defections which threaten to whittle
      AFP  -  377 words
    • Article
      Thai IPPs pressing to renegotiate contracts due to currency crisis
      371 10  -  SINGAPORE By\ Frances Lui THAILAND'S independent power producers are clamour ing to renegotiate their agreements with the government following the plunge in the baht, said a Price Waterhouse Singapore executive yesterday. Head of project finance John Bastian said that before
      371 words
    • Article
      Lock icon Jakarta checks closed banks for violations
      238 10 JAKARTA AFP INDONESIAN authorities said yesterday they were investigating the 16 banks closed down by the government earlier this month for possible violations of laws and regulations, a report said. Attorney-General Singgih said his office and the central bank. Bank Indonesia, were currently investigating
      AFP  -  238 words
    • Article
      Lock icon Apec to push ahead with tariff cuts
      267 10 SINGAPORE AFP APEC economies are to forge ahead with tariff cuts in their zeal to achieve free trade and investment in the region even as many of them are embroiled in financial turmoil, officials say. The members of the AsiaPacific Economic Cooperation (Apec)
      AFP  -  267 words
    • Article
      Lock icon Ramos to witness signing of US$2b deals
      141 10 MANILA AFP PHILIPPINE President Fidel Ramos will witness the signing of agreements that could yield as much as US$2 billion (553.2 billion) in investments during his coming visit to Japan, the US and Canada, it was announced yesterday. The Department of Trade and
      AFP  -  141 words
    • Article, Illustration
      Lock icon Fly me to the moon
      67 11 [BEIJING] A young Chinese boy walking past a shop window display in downtown Beijing on Sunday, as China's space programme gives top priority to mannedflights in a bid to launch the country's first lunar landing mission early next century. China's inaugural Long March-2-111 rocket blew
      AFP  -  67 words
    • Article
      Lock icon Three ministers back republic in new blow against Howard
      415 11 MSYDNEY AFP Reuters THREE government ministers were among 48 prominent conservatives to publicly declare their support for a republic yesterday, in another blow to loyalist hopes of retaining Australia's links to the British throne. Finance Minister John Fahey, Justice Minister Amanda
      AFP; Reuters  -  415 words
    • Article
      Lock icon China ruling on funds aims to boost market
      284 11 SHANGHAI Decision comes as state companies turn to market for cash Reuters CHINA'S decision to allow mutual funds was aimed at giving its domestic share market a helping hand as the ruling Communist Party moves to sell shares of struggling state companies,
      Reuters  -  284 words
    • Article
      Lock icon Unemployment in China's rust belt hits 10%: report
      416 11 BEIJING Joblessness a fact of life in heavy industry region, says party newspaper Reuters THE jobless rate in China's north-east rust-belt, home to much of the state's heavy industry, has reached about 10 per cent, the People's Daily said in an unusually
      Reuters  -  416 words
    • Article
      Lock icon Chinese state media calls for banking reform
      274 11 BEIJING Reuters CHINESE state media was filled with commentary yesterday urging reform of a banking system staggering under bad debt. Analysts said the problem could eventually doom China to a financial nightmare similar to that gripping much of Asia unless decisive measures were
      Reuters  -  274 words
    • Article
      Lock icon Taiwan pledges flexibility in dealings with China
      298 11 TAIPEI Move follows Beijing's concession on demand for equal status AFP TAIWANESE President Lee Teng hui yesterday said the Nationalist government would be flexible in dealing with rival China after Beijing reportedly made a concession over the island's demand for equal political status.
      AFP  -  298 words
    • Article
      Lock icon Peters non-committal about Jenny Shipley
      201 11 WELLINGTON Reuters TREASURER and Deputy Prime Minister Winston Peters said yesterday New Zealand would have to wait and see if premier-designate Jenny Shipley delivered on assurances not to change the government's policy direction. The mercurial Mr Peters kept New Zealand in suspense for two weeks
      Reuters  -  201 words
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      24 11 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another i Classified I CA TA I Service
      24 words
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      330 11 fpmmzk t S-* HflMh 4. TTfaf' r 'f i?.l J^^? *Si-*^jii^^?.• V M| I «5.%a4 i i ■IS 112 TV v i |3 m W lew \g _M,J|. I ■<■ IB i t t£. ia J^H IPrlfc'i I >4 lIP jGm P' f -V x tifJKuiisSi 1 r _5f t\VW
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  • THE WORLD
    • Article
      Lock icon US output in Oct rises by slower than expected 0.5%
      398 12 WASHINGTON Slower industrial production pace may signal cooling of growth Bloomberg US industrial production grew at a slower than expected pace in October, Federal Reserve figures showed yesterday, a sign US growth may be cooling. Output at factories, mines and
      Bloomberg  -  398 words
    • Article, Illustration
      Lock icon EU agrees on need for euro insiders council: Waigel
      300 12 BRUSSELS But it won't upstage role of the fall finance ministers'panel Bloomberg AFP EUROPEAN Union finance ministers agree on the need for a special "euro council" uniting the countries that switch to the common currency in 1999, German Finance Minister Theo
      Bloomberg; AFP  -  300 words
    • Article
      Lock icon OECD trying to clear last obstacles to anti-graft treaty
      285 12 PARIS FT LEADING industrialised nations will seek this week to clear the final hurdles to agreement on a draft treaty to make bribery of foreign public officials by businesses a crime. The planned treaty, which results from intense US diplomatic pressure,
      FT  -  285 words
    • Article, Illustration
      Lock icon Gunmen kill 61 tourists in southern Egypt
      268 12 CAIRO Reuters SIXTY-one foreign tourists were killed in an attack by suspected Muslim militants near the ancient ruins of Luxor in southern Egypt yesterday, security sources said. President Hosni Mubarak flew to Luxor after the assault, the bloodiest since Muslim militants took up
      Reuters; APT  -  268 words
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      292 12 FBASER f /V'l/ SERVICED RESIDENCES t *ik wanßiML- -4- v y -g**,..L *■:,"'"-^f Clf?.v.; t A living environment that helps "V- families build relationships. u ID CRN? t *«^o*H3luS OD6II to Located at Robertson Walk by Singapore > f V £*11 v River, comprising a choice of fully fur>4 t
      292 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Tougher for Clinton to push free trade now
      749 13  -  OPINION THE BOTTOM UMB By Leon Hadar The writer is BT's Washington correspondent APPEARING before the Japan Society last week, US Deputy Treasury Secretary Lawrence Summers said that during the coming annual meeting of the Asia-Pacific Economic Cooperation forum in Vancouver, President
      749 words
    • Article
      IN OTHER WORDS
      84 13 They're the world champions at panicking and at hysterical overreactions.' -LNrisßakeyser an analyst, on Wall Street's professional investors and analysts' penchant for panic-selling. It's not as shocking as the haze problem but it does reflect how hazy our minds are.' Anwmr Ibrahim Malaysia s Deputy Prime Minister
      84 words
    • Article
      Indonesia begins its reforms
      615 13 EDITORIAL POREIGN investors will hope that Jakarta will not follow Thailand in its confused implementation of the International Monetary Fund's stabilisation programme, aimed at restoring investor confidence and reforming the ailing financial sector. To be sure, the IMF has imposed tough conditions in exchange for providing
      615 words
    • Article, Illustration
      Lock icon Bad but not doomsday
      989 13  -  Dangerous ill-founded rnmoors of Japan Inc's demise are greatly exaggerated By. Anthony Rowley The writer is BT's Tokyo correspondent. TO hear others tell it, Japan is standing at the edge of a cliff and peering into an abyss of financial and economic ruin. Quite soon, its
      FILE PHOTO  -  989 words
    • Article
      Do they really want prices to crash?
      375 13  -  —air-wwr Alfred Lim IT would appear that most, if not all, the writers of letters concerning the property market have some vested interest. Thus, the recent uproar when the government hinted that they were going to moderate the property prices. These people must
      375 words
    • Article
      Owner occupancy should be the main aim
      165 13  -  John Suppiah I am a potential buyer of private property, if prices are right. I am very upset by the way property issues are handled here. We all know that owning a home is every Singaporean's dream. During the boom, most speculators, home-owners
      165 words
    • Article
      WHAT THE OTHERS SAY
      198 13 Arttarttf an THE shakiest, most important domino out there now is South Korea. South Korea is suffering through a string of large corporate bankruptcies and bank defaults... If South Korea totters, it will hit Japan's banks. And if Japan's banks weaken, they will have to sell
      198 words
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      31 13 By Garry Trudeau SK££T, I'VE O&SN PWRBN— I&TEN, HMBN SOMEON&SM&S&- BUTGQAOI SOVOU looKMfir-me eerAGW Tm..AMrW £SSw§ KNQ^NIKBPROTESTSRB. MAN/ CQ CH POfM f &UXANP TBRTHAN TM&ss»em/ mL^l^mmsr o^1 move ON TO COACH?.#*
      31 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon A quest for balance
      1257 14  -  YAMOBA2AUKASSIM reviews top S'pore diplomat Tommy Koh's new book, which reflects his search for a balanced world order YANG RAZALI KASSIM WHAT'S the best way to launch a book if you're a celebrity diplomat? Do it on your 60th birthday and bring over your friends from
      FILE PHOTO  -  1,257 words
    • Article, Illustration
      Lock icon It's open season for new club members
      351 16  -  BT SOCIAL CLUB INDEX Reportsby' Ven Sreenivasan TIS the season for launching Club membership drives. At feast, that's what it seems, going by the number of social and recreational clubs out to woo new members. Singapore Cricket Club one of the best-known social
      Compiled by BT  -  351 words
    • Article, Illustration
      Facelift for a grand dame
      458 16 THE grand old lady of the Padang is about to get a makeover. Having already forked out $15.5 million to extend its land lease for another 30 years to 2026, the Singapore Cricket Club is spending $65 million to retrofit and expand floor space underground.
      458 words
    • Article
      Growing old in Bombay
      511 16  -  THEATRE Humour and pathos in a maaala flavoured adaptation of a hit Broadway comedy By Harish Mehta TAKE a Broadway comedy. Add a jigger of Bombay masala. Bring in a doddering old Parsee gentleman, and an elderly Maharashtrian freedom fighter, and what you get is a
      511 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      811 14 BALANCE SHEETS STATEMENTS OF EARNINGS (BANKING ACCOUNTS) (BANKING ACCOUNTS) December 31,1996 and 1995 Years ended December 31,1996 and 1995 1996 1995 1996 1995 (In Miions) (In MMions) (In MAons) (In Mftons) Won Won Won Won ASSCtS InfftfACt IfWAIdA inwrtii incofiw Cash and due from banks 1,915,428 2,376,575 Interest on loans
      811 words
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      Page 14 Advertisements Column 2
      165 14 I An Even Friendlier Breed Will Be Taking Over Kota Kinabalu. ji I H I PASSAGES Sabah's friendliest mascot in Borneo is about to |S ,r j" l -L-—— face some stiff competition. Friendly and warm, the ~fl team at The Pan Pacific Sutera Hotel Kota Kinabalu brings new meaning
      165 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      263 15 I Where to wine, dine and entertain... kttp:// www. ana-kotels. com Not juit seafood either. Visit our Home page and you can order tonight s dinner from our cyber selection. Browse tlurough the menu, leave us your order and itH be ready to pick u before you can say information
      263 words
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      Page 15 Advertisements Column 2
      259 15 I RESTAURANT «NMMOWr* WINE CELLAR 1 fiWekfrrf Theme Restaurant Foodcourt European countryside ambience r— ,ji Your table is reserved while t j you explore our wide variety I '»v. 71 of Asian 4 Western favourites I p •No messy, uncleared tables m Pay only when you leave Hj o /I
      259 words
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      Page 15 Advertisements Column 3
      195 15 I The only buffet lunch j with a feast of J Italian Chinese j favourites j from just $14.50++ i| (Spread the word.') Jl PAOLO PING'S :j nittron I Opening hours from 11.30 am to /2 30am 31 Buffet lunch available from 11.30 am to 2.30pm Ml At Royal Crowne
      195 words
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      Page 15 Advertisements Column 4
      368 15 rial 1 imi i« Qetfi u 7Hem\ Hill if it Sitiif Clitsifiri tliit *ttk««4. (SMAfPA/ w liMwiiiw■«■ LS?J I CATA| Relax by cascading waters from the fountain as you enjoy our afternoon ENGLISH HIGH-TEA LOBBY *1 at LOUNGE I MONDAY-THURSDAY 2.30pm-5.00pm Our menu: <\ •Waffle. fk •Meat pie > •Walnut
      368 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      709 15 TV&RADIO out of Mind> out 10 00 Ja P an Hour (Weekly ZOO PM TV Innovations Sight. News). C3O The Winners 10J0 News 5 Tonight. w.30 Japan Hour Heaven's I skssk. Hgga,. -Ss=Blitz. Sesame Street. »m AM The Late Nisht Mov- TV 1 COO Kidz Blitz: Quick Draw S-TOeßigPirture McGraw.
      709 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      187 15 cryptic crossword Tlmtto exruw l 28 Says air is sickly in old country (7) vegetarians (9) YESTERDAY'S SOLUTION 29 Shun gorse horrible prickly 13 u et to get milk shake condition (9) W iCMiyf S ,ffl U D B U E l 15 Part of shore offensively closed UCTaB^BpB2W^!IH a
      187 words
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      54 16 ft:!-* Jto Classroom ,C~ Boardro without paying the earth I™®1™® Incre s e i l *> 1 ,s I projector MANAGJMiM ruIUBE A Brightness .a i i* N 4PS&-.. s With richer Colours more than I ''-r",- Higher Contrast jlpflJ 1 AAO/ more Uniformity lvv/0 273 3217) I Authorised In
      54 words
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  • COMPANIES & MARKETS
    • Article
      Aztech accuses Creative of infringing patent
      320 17  -  Complaint filed in US centres «i Sound Blaster AWE 64 By\ Siow Li Sen [SINGAPORE] Sesdaq-listed Aztech Systems has filed a complaint against arch-rival Creative Technology for patent infringement, while still awaiting for damages to be assessed after losing a long copyright battle against
      320 words
    • Article
      New sound card could keep Creative in the lead
      314 17  -  AXE64Dis Sound Blaster 16 compatible despite different technologies By Jennifer Lien [SINGAPORE] Creative Technology yesterday announced a slew of new products at the Comdex Fall trade show in Las Vegas, led by a much-awaited new version of its flagship AWE 64
      314 words
    • Article
      Restructuring of Indonesian banking sector well underway
      744 17  -  HOCK LOCK SIEW S N Vasuki TIWO recent developments jßignal that the longawaited restructuring in the Indonesian banking industry is well underway. Two weeks ago, the Indonesian government liquidated 16 banks as part of an IMF-led stabilisation package to revamp the industry. And
      744 words
    • Article, Illustration
      Vicom interim profit plunges to $37,000
      278 17  -  Earnings affected by start-up costs, provisions for shares By Christopher Tan [SINGAPORE] Vehicle inspector Vicom's net profit for the six months to Sept 30 plunged to $37,000 from $958,000 and $1.52 million in the same periods in 1996 and 1995, but directors expect second-half
      278 words
    • Article
      Jade Tech profit surges 25%
      353 17  -  By, Annette Pau [SINGAPORE] Leadframemaker Jade Technologies yesterday posted a higher than expected 25 per cent growth in net profit to 12.36 million for the year ended Sept 29, thanks in part to the higher US dollar. And it expects profit and turnover growth to
      353 words
    • Article
      ST Engineering's trading brought forward to Dec 8
      374 17  -  Nov 27 last trading day for the four merging ST onits By] David Boey (SINGAPORE] Singapore Technologies Engineering surprised the market yesterday by bringing forward its trading debut by almost two weeks. The Singapore Technologies member said trading will start on Dec
      374 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Danamon stakes: Salim, CSFB to pay 700 rupiah a share
        403 18 Price at 12% premium to yesterday's closing Admadjaya family left with 11% stake Bloomberg AFX-Asia [JAKARTA] Indonesia's Salim group and Credit Suisse First Boston (CSFB) will pay 700 rupiah a share for stakes they've agreed to take in PT Bank
        Bloomberg; AFX-Asia  -  403 words
      • Article
        Europa gets acceptances for 34.1% of ABR
        126 18 [SINGAPORE] The Europa Group, through Sullivan Developments, received acceptances for 15.15 million ABR Holdings shares or 34.1 per cent of ABR's paid-up share capital at the close of its cash offer of $1.35 a share yesterday. Before this, Sullivan and its concert parties
        126 words
      • Article
        Lock icon Shinawatra posts 2.8b baht loss in 3rd-qtr
        298 18 Bloomberg [BANGKOK] Shinawatra Computer Communications pic, which controls Thailand's biggest mobile-phone company and its monopoly satellite operator, posted a third-quar-ter loss of 2.8 billion baht (Ssll4 million), from a profit of 932 million baht, mostly from currency losses on foreign debt. Most of
        Bloomberg  -  298 words
      • Article
        Lock icon Telekom dives on report of RM1.5b purchase
        272 18 Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd shares plunged 5.1 per cent after a newspaper report said it is in talks to buy 40 per cent in a telecommunications unit. Telekom, the country's largest phone company, sank 50 sen to 9.35 Malaysian ringgit. That
        Bloomberg  -  272 words
      • COMPANY Briefs
        • Article
          SingTel shares bounce back
          76 18 [SINGAPORE] Singapore Telecommunications surged about 5 per cent in opening trade yesterday, bouncing back from rumours of a share placement on Friday which sent the price down. The counter was upasmuchaslsoenta before ending up 11 cents at $2.68 on a volume of 5.4 million shares. Sing
          76 words
        • Article
          Interim loss of $2.02m for Ipoo
          66 18 [SINGAPORE] Infrastructure developer Ipco International reported an interim loss of $2.62 million after tax and minorities for the five months ended Sept 30. Doe to a change of financial year-end to March (from December), no comparative figures were available. Turnover stood at $96.66 million;
          66 words
        • Article
          Hwa Hong's tie-up project under review
          96 18 [SINGAPORE] Hwa Hong Corp has bean informed by its Indonesian joint-venture partner that the proposed C ia wi-Sukabumi Toll Road project in West Java has been deferred by the Indonesian authorities pending a review. Hwa Hong shareholders had on Feb 30 approved the proposed
          96 words
        • Article
          Informatics associate increases capital
          64 18 [SINGAPORE] Informatics Holdings' 40 per cent-owned associate United Info Summit (UIS) has doubled its authorised capital to <2 million. UIS also raised its paid-up capital from 1680,000 to $1.06 million. Informatics had subscribed for 147,920 ordinary shires of $1.00 each at par and for cash in
          64 words
        • Article
          SRI Fund cancels 130,000 more units
          35 18 The Singapore Regional Index Fund cancelled 130,000 more units on Nov 14,1967. After the cancellation, the total number of units in issue as at Nov 14 was 247.38 million.
          35 words
      • Article
        Lock icon Burns, Philp to tap its major owners for A$300m
        288 19 Bloomberg [SYDNEY] Burns, Philp Co said it will raise As3oo million (*****.6 million) of new capital tapping its five biggest shareholders for the money as it bids to stave off bankruptcy. The food company, struggling to stay afloat after failing to
        Bloomberg  -  288 words
      • Article
        Lock icon Robust profit run set to fizzle out for Japan Inc
        550 19 Companies hurt by sales slump at home and faltering markets in Asia Reuters [TOKYO] Japan Inc is bracing for a three-year run of robust profits to fizzle out as a slump in sales at home and faltering markets elsewhere in
        Reuters  -  550 words
      • Article
        Lock icon Zurich to buy 24% of Peregrine for US$200m
        406 19 It will become the investment bank's biggest shareholder Bloomberg [HONGKONG] Zurich Group, Europe's fourth-largest insurance company, will pay US$2OO million (*****.8 million) to become the biggest shareholder in Peregrine Investments Holdings Ltd, a fastgrowing Asian investment bank squeezed by plunging stock and
        Bloomberg  -  406 words
      • Article, Illustration
        Lock icon Telstra debut gives punters 37% return on investment
        350 19  -  From Russell Baker in Sydney THE 1.8 million Australians who subscribed to the A 514.3 billion (5515.8 billion) Telstra float were handsomely rewarded yesterday when the telecommunication group's shares debuted at a hefty premium to their offer price. Telstra's instalment receipts closed
        REUTERS  -  350 words
      • Article
        Lock icon Chipmaker ups profit forecast
        133 19 Bloomberg [TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC) shares jumped almost 6 per cent after the world's largest chip foundry, said it would raise its 1997 profit outlook for the second time this year. Revenues and earnings will rise more than 20 per cent above previous forecasts
        Bloomberg  -  133 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon US IPO market feeling effects of high supply
        339 20 Prices of recent issues had to be cat to attract investors Reuters [NEW YORK] So many companies have jammed themselves into the IPO pipeline that many could be squeezed smaller by the time they make it to the stock market, if they
        Reuters  -  339 words
      • Article
        Barclays mulling bid for NatWest?
        551 20  -  Merger rumours gather pace on reports of talks; takeover likely to be hostile From. Neil Behrmann in London BARCLAYS Bank is believed to be considering whether to mount a hostile takeover of its arch-rival, National Westminster Bank, bankers and analysts yesterday said. If such a
        551 words
      • Article
        Lock icon IBM to build US$700m chip facility
        95 20 Reuters [NEW YORK] International Business Machines Corp was expected to announce later yesterday that it would build a US$7OO million (SSl.l billion) advanced computer chip development facility in upstate New York, the Wall Street Journal said yesterday. IBM is also set to announce it
        Reuters  -  95 words
      • Article
        Lock icon BA to launch low-fare airline
        424 20 Move to seek share of Europe's budget travel market Reuters [LONDON] British Airways pic said yesterday it would launch a low-fare airline next year to pick up a slice of Europe's growing budget travel market. BA said it hoped the airline pitched against established budget
        Reuters  -  424 words
    • FINANCE & COMMODITIES
      • Article
        Liffe looks into electronics trading link with Simex
        316 21  -  3-month Euro interest rate fntnres contracts likely to be traded in tie-np, says Liffe chairman By I Soh Tiang Keng [SINGAPORE] The London International Financial Futures and Options Exchange (Liffe) is studying the possibility of an electronics trading link with the Singapore
        316 words
      • Article
        Lock icon Macquarie Bank's 1st-half profit up 40%
        239 21 Bloomberg [SYDNEY] Macquarie Bank Ltd, an Australian investment batik, said first-half earnings rose 39.7 per cent and said market conditions in the second half would be more difficult. The bank reported a profit of A 564.3 million (5570.9 million) in the first half and
        Bloomberg  -  239 words
      • Article
        Templeton adds Thailand fund to umbrella unit trust
        330 22  -  Sab-fond will invest in Thai stocks, firms that have significant assets, business activities in Thailand By\ Shiv TaneJa {SINGAPORE] Templeton Asset Management's latest addition to its portfolio of investment funds is a Thai country fund. The Thailand Fund will invest in Thai
        330 words
      • Article
        Lock icon LGT seeking buyer for asset management division
        378 22 Liechtenstein bank to focus on offshore private banking Bloomberg (VADUZ, Liechtenstein] Liechtenstein Global Trust, a Liechtenstein bank, is seeking a buyer for its LGT Asset Management division as part of a plan to focus on managing money for wealthy individuals. LGT, which oversees
        Bloomberg  -  378 words
      • Article
        Lock icon Sifco ups size of medium term note programme
        118 22 Reuters (SINGAPORE] Securitisation Infrastructure Funding Corp (Sifco) said yesterday it had doubled the size of its medium term note programme to US$l billion (Ssl.6 billion) from US$5OO million. Sifco said in a statement the increase was part of an annual update of
        Reuters  -  118 words
      • Article
        Lock icon JGBs fall on fears of govt borrowings
        225 22 SOSEZ Report Reuters [SINGAPORE] Simex Japanese Government Bond (JGB) futures ended sharply lower yesterday on fears of more government borrowings as Japan sought to aid ailing banks. 'The possible use of public funds triggered off concern that the government might have to issue
        Reuters  -  225 words
      • Article
        High-tech, China-linked shares boost futures
        150 22  -  MSCI TAIWAN FUTURES Perry Gilbert Saturday. Perry Gilbert, vice president, Refco Singapore Pte Ltd. {SINGAPORE) The Simex MSCI Taiwan Stock Index futures contract ended higher yesterday as high-tech shares and companies that deal in China led the way. China is holding a banking conference this
        150 words
      • Article
        Lock icon Oil prices fall as Iraq-UN tensions ease
        254 22 ENERGY REPORT Reuters [LONDON] World oil prices fell yesterday as the market detected signs that tension between Iraq and the United Nations had eased over the weekend. By 1215 GMT, January Brent Blend crude traded 33 cents lower at U5519.72 a barrel on
        Reuters  -  254 words
      • Article
        Lock icon CURRENCY REPORT
        263 22 Reuters AFP liondon THE US dollar stuck to an uptrend against the German mark early yesterday afternoon by comparison with its morning levels, while it was higher against the Japanese yen after having started the day with a marked dip, traders said. At 1220 GMT, the dollar was
        Reuters; AFP  -  263 words
      • Article, Illustration
        Untitled
        1272 22 nrmBAMK cross rates NovI7 c$ B» Hr tm m Wtafc— Y« 1 Ujr+ti f% twt *r VT% 9M NdM ttS$ 0*9 ITO 040 4042 120 1400 ***** ***** 0J74 7.045 2224 UIO 3040 ***** i«S 1389 0.904 ***** 24.997 0.4< 1499 iw 5.861 049 4J05 1224 5.457 24.027 24.419 0483
        1,272 words
    • Article
      COMMODITY PRICES
      1427 23 S1C0M FUTURES Nov 17 7 RUMCI<M«« cM* m «t U8po) KSS1CQNTUCT(ScMti/k«) dm totono Opoo Mwtt m> law tott awn) lotoroot toe 97 130 00 ***** 128.00 7S 2S J* 98 ***** 1320 W* ***** 1570 >«W* ***** 1620 Apr/Joo96 M0.50 ***** M125 3075 Oet/tocW ***** 3000 RS3C0lfTtKT««wrt» Votes#
      1,427 words
    • Article
      WORLD STOCK MARKETS
      1806 23 ■wn NH *t3lGroup 481.400 7 AB Ports 293 ABBay National 956 27 MMP«M(q 528.400 6.400 Amac 135.400 .400 Asda Group 162 -1 BAT In4 546 15 BCPtc .267 1.BOO «CC S4 -1.400 BOCGro.# *****0 »19.400 9H Patroiaum 871 34.600 BTR 202 *6 Bank of Scotland 506 23
      1,806 words
    • Article
      Lock icon TOKYO
      1600 23 AFP nittkaMS ♦UOO.BO STOCKS staged an 8 per cent rebound yesterday as investors hailed the government's bailout of failed Hokkaido Takushoku Bank, but financial system worries would linger, analysts said. The key 225-share Nikkei Average surged 1,200.80 points to finish at 16,283.32. The rise in the Nikkei Average more
      AFP  -  1,600 words
    • Article, Illustration
      Lock icon HONGKONG
      1632 24 AFP rl Hang Seng +462.42 SHARE prices surged 4.6 per cent yesterday as buyers returned in the belief that interest rates had stabilised and encouraged by a rebound on the Japanese market. "Obviously, interest rates gave a boost to the market, in addition to the stronger Japa- nese market,"
      AFP  -  1,632 words
    • Article, Illustration
      Lock icon CHINA
      584 24 Reuters nShemfacnß Index -OJB SHENZHEN'S A and B share indices erased early gains to end lower yesterday despite China's enactment of long-awaited securities fund rules. Beijing announced the rules, which allow the establishment of mutual funds, on Friday evening with immediate effect. The B Index lost 0.18 point to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  584 words
    • Article
      Lock icon TAIPEI
      393 24 AFP FIWP later +H&2B STOCKS finished 2.6 per cent higher yesterday on optimism sparked by heavy gains on the Tokyo and Hongkong bourses. "Buying was boosted by gains in Tokyo and Hongkong," said a trader. "Stocks of companies with investments on the mainland led the gains on hopes that
      AFP  -  393 words
    • Article, Illustration
      Lock icon JAKARTA
      663 24 AFP rl Composite Index *170 SHARE prices rose yesterday on the back of a rebound in Telkom which had been sold down the previous week. "The rise was because of a correction in Telkom," a dealer said, adding that fears over the effect of the expiry of a two-year
      AFP  -  663 words
    • Article, Illustration
      Lock icon BANGKOK
      806 24 AFP QSETMg -ISjOO SHARE prices dropped 3.3 per cent in thin trade yesterday following the release of a raft of poor third-quarter corporate results. Investors were concerned over the substantial impact of foreign exchange losses on corporate earnings. Dealers said most investors were sidelined ahead of a government policy
      AFP  -  806 words
    • Article
      Lock icon MANILA
      302 24 AFP FlMmili +47J2 SHARE prices closed 2.6 per cent higher yesterday in a technical rally which analysts dismissed as insignificant. The Composite Index rose 47.12 points to 1,892.07. Turnover was 945.42 million shares tforth 951.96 million pesos. The Manila Electric Co A shares rose 3.50 pesos to 71 while
      AFP  -  302 words
    • Article
      Lock icon SEOUL
      398 24 AFP P Composite Index -2130 SHARES fell 4.3 per cent yesterday after the central bank suddenly stopped supporting the won. Dealers said trade in the won was suspended after falling to 1,006.60 against the US dollar as the Bank of Korea pulled out of the market without warning. Shocked
      AFP  -  398 words
    • Article
      Lock icon SYDNEY
      591 24 AFP FlADOrdmariM +8J SHARES closed higher yesterday after a session dominated by the country's biggest-ever share float of Telstra Corp. The All Ordinaries Index rose 8.6 points at 2,487.7 on strong turnover resulting from trading in Telstra, although it does not start trading officially until January. Telstra closed at
      AFP  -  591 words
    • Article
      Lock icon WELLINGTON
      254 24 AFP -cji SHARE prices closed slightly lower yesterday on good turnover boosted by a 90-minute extension to trading to accommodate the listing of Telstra. The NZSE Top 40 share Index fell 0.96 point to 2,396. Of the NZ$lO4 million worth of shares traded, just over NZ$45 million was in
      AFP  -  254 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        7867 25 Cmsmmt priteti >**r Last Vol Day Net Cap L— Cl—mi •000 MH> L— Pit tmM "0 »0 Ajinomoto 300 10 M 3W 300 164 1216 448 193 Angkese 198 -4 73 ZOO 191 5.9 292.0 905 370 ApoRoFoodHIg 430 -20 18 438 404 12.3 1T2.0 765 372 BarjayaLand 420 16
        7,867 words
      • Article, Illustration
        Lock icon Shares dip on margin calls, forced sales
        397 25 AFX-Asia Q Composite Index -1018 SHARE prices closed lower yesterday as margin calls and forced selling continued, with sentiment further undermined by rumours of "over-leveraged" positions of several brokerages, dealers said. The KLSE Composite Index lost 10.18 points at 667.29. The Emas Index
        AFX-Asia  -  397 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3332 26 dm UMM i VAMMMTS V i r 7 L*»t Val Day Last Ovate Av* 'JN* Law Stna Company Ml Hr COOO) M«fc Law Buyar SaMar Met "V 20.5 m 3000 n» attna rs *ri 22 5 I I 81 15 3160 *Acar ******1 US$ 21 *1 65 215 20.5 20.5
        3,332 words
      • Article
        HPL wrt: good 4.2 times gearing
        225 26  -  WARRANT WATCH -By Ven Sreenivasan ALTHOUGH the outlook for the hotel industry does not look particularly bright, the fact remains that there will always be some counters in the sector that will do better than others. With that in mind, let us take a
        225 words
    • Article
      CLOB INTERNATIONAL
      2254 26 K Cf Of 19*7 Last Vol Day L*st Ouot* Mr Dtv YW Mat M Cap M>qH Law »twe Campany SaM COOP) mgti Law Buyar SaBar Of P/t $■>■ 478 120 ms 5000 AISB50C 132 Cd 0 73 133 130 U2 133 S3 JJ 03 49.1 OM 137 35
      2,254 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        629 27 as ass—:-- m m—as bbs- ifg m w 3b sS ts: 4 t£ 4Bj a£ d| dv JB i I*.'T 1 3bto4 tots *Pofat wtoipi MUM CUM TOTAL ssc t i —3 J "5 ftaMM OS* 1 2 M 1* f 3 0 3 0 t I ar—mii. 6 3
        629 words
      • Article
        MAIN BOARD
        3683 27 Or Or Mm Iff? Last Vol Day Last Qwli Dtv Dtv ym Mat Cm Am »—i L» um c..,..y w V- coooo hm» i— <Sr gt g sig ■to' v 197 40 1020 ACE 0ynamics60c 51 *03 10 53.5 31 SI 523 IU u SM6 ASE NT $10
        3,683 words
      • Article
        SESDAQ
        443 27 MM. US w. raaL Mr nl MM cC fl T-, *5 W» u. My Cw w t— HESBJM r i '■■,*< **>■ tihif*f v> 1 A. J5 j; JSSS 222 5; a. 02 is? JL*aS55i==z:2* T *5 £1 44 n IM mmmnmhim 2U <u 14 a is M u
        443 words
      • Article
        Untitled
        218 28 Stocks Mm •Westraont Land 7,696,000 SingTel 15c 5.403,000 ■Satoras Res 4,529,000 ■RefcapadficBk 4.059,000 •RHB Cap Wt99 3,428,000 Hotung In* MT5 3,221,000 Dairyf US5c 2,904,000 DBS tond 2,711,000 •MBf Capitol 2,587,000 Asia Food&Prop 2.428,000 Stocks < DBS Foreign *****,009 Creative T 25c 24,633.154 0CBC Foreign *****,581 SingTel 15c 14,481,839 SPH Foreign
        218 words
      • Article, Illustration
        HOT STOCK
        53 28  -  byl Shiv Taneja PROMET closed two cents tower at 4t5 cents on a volume of U4 million shares yesterday, compared with its l&day traded average qf 1.6 million units. The stock is trading near its two- m and-arhaff year low, but there is more downside S in the
        53 words
      • Article, Illustration
        Lock icon Q3 economic data, Tokyo and HK surge lift sentiment
        636 28  -  STOCK MARKET GOKMHMTAKT But market iscantioosly optimistic as STII dips 1.6 points, dragged down by index stocks such as Lam Chang and Inchcape By Ven Sreenivasan [SINGAPORE] Sentiment on the local stock market turned cautiously optimistic yesterday in the wake of
        Chart info from Bridge  -  636 words
      • ON TOE GRAPEVINE
        • Article
          Maintaining a sense of humour
          83 28 HONGKONG'S International Bank of Asia, which suffered a run last week, showed that its sense of humour is still intact after what must have been a harrowing week. The bank ran this ad last Friday: "For customers who believe in us Thank you for your
          83 words
        • Article
          So says the cookie
          177 28 SIR JOHN TEMPLETON, the {bunder of the investment management group that bears his name, has put together 10 maxims of investing called Templeton Maxima. Reading them gives one the sense that Sir John ate at too many Chinese restaurants In the US—the kind that dish out
          177 words
        • Article
          Weil-endowed, passionate editor?
          102 28 AN ADVERTISEMENT for a magazine editor reads: "Attractive young consumer magazine seeking creatively well-endowed editor/assistant editor for mutually gratifying relationship. Must be energetic, innovative and passionate. High degree of visual literacy. Interested parties please respond by November 25 to:.. And we thought all you needed to be
          102 words
        • Article
          Pretending to be interested
          79 28 IT IS amazing what landlords will resort to when the property market is as bad as it is now. A landlord who has been try ing to rent out his property has found few interested parties. So he asked his friends to visit his property and
          79 words
        • Article
          Mir cosmonauts shop virtually
          86 28 THIS might please most Singaporeans. While circling the world at 27,200 kmh and 320 km above Earth, flight commander Anatoly Solovyev and fight engineer Pavel V inogradov did what Singapore One would love Internet users to do: shop virtually. Using a Visa card account, the cosmonauts
          86 words
        • Article
          Dendrahium Sydney Dreamer
          103 28 HOW does one honour a biotechnologist who has made a major contribution to Singapore's RAD? Name a hybrid Sower after him. That's exactly whid the Institute H. of Molecular and Cell Biology (IMCB) did yesterday at Its 10th anniversary symposium. Dr Sydney Brenner was instrumental in setting
          103 words
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      Page 17 Advertisements Column 1
      90 17 *:> A company's strength lies in the Backbone of its staff. The Trend Line TL 3390 is good value you will just have synonymous with healthy seated to sit down! posture at an attractive price. Thanks to the Ertfo-lUlax fea- Dauphin (S.E.A.) Pt« Ltd lure, the entire seat shell can
      90 words
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      Page 18 Advertisements Column 1
      108 18 This announcement appears as a matter of record only. November 1997 Securitization Infrastructure Funding Corporation (incorporated in the Cayman Islands with limited liability) unconditionally and irrevocably guaranteed by ASIA LIMITED Asian Securitization Infrastructure Assurance (Pte) Ltd (incorporated in the Republic of Singapore with limited liability on 16th August, 1995) U551,000,000,000
      108 words
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      Page 18 Advertisements Column 2
      137 18 4 fCome to where the business is... m the Centre of Asia At our Centre you can enjoy all the facilities of a World-Class Venue with a special touch of local flavour and hospitality. And whether ifs for 20 or 2,000 we'll give you all the support you need. Choose
      137 words
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      Page 19 Advertisements Column 1
      76 19 lee Hsien Loong's Landmark Speech on Singapore's H[m(HB3I I Pfiitf'i livi HHI Kj Mbvß 11 111 Mll ■UiTL^fc^KJ^Hl 11 lib SB^' Mfl i mr SOBSCRIBENOW PLEASE nCK Q26 ISSUES <I Y*> SSB9 □32 ISSUES (2 YRS) SJISB Q7B (SSUES <3 YRS) SS2O7 AND RBCBftE YOUR GIFT I vim my gift
      76 words
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      Page 19 Advertisements Column 2
      80 19 'i THE PENINSULA MANILA Owner .4 Arab 61 Makat. Avenuev 1226 Makaci Citv. Metro Manila R.puHtt .4 the Ptiilippinn Tel: <61-2)812 M 56 Fa*: (61-2) 815 4«25 The Peniraula lituup Rrvrv.it»<ru Ccntrr. H.m* Kiw*. Tel: (852) 2732 2911 ToB Fire: 800 2111 5555 (Stmppm) TV Pm-mJa H.,* K"n« M«b. New
      80 words
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      Page 20 Advertisements Column 1
      149 20 r November 1997 f lim <>usine transfer to WTC att rea y sailing Be the first few to experience the latest great H W holiday on board the Majestic Sun Vista, /d E and enjoy a whole new Suntastic cruise holiday! f",; Floor to ceiling window in your very own
      149 words
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      Page 21 Advertisements Column 1
      200 21 Braised Whole Abalone with Mini Fo Tiao Qiang Oyster Sauce (UP-_$4KO6) (UP:S3&00) Now: $23.80 (per piece) Now: $18.00 (per person) Superior Bird's Nest with Rock Sugar (UP: mtW C** J| Now: $26.80 Pa 3 (per person) QSPt Dragon City Sichuan Restaurant Pte Ltd Novotel Orchid Singapore (Plymouth Wing) w., 214
      200 words
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      Page 21 Advertisements Column 2
      325 21 I*J i l< J Our Workstations' only, competitor takes nine months to i deliver presenting the world's most advanced workstations, excluding the human brain Kit, JH ppn dttKfck* 1 HpHMfajgygv BBmi M 5 ■kj^l »ji mp^ When our family of Hewlett-Packard workstations was still on Running on these platforms are
      325 words
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      Page 22 Advertisements Column 1
      209 22 foxins 5 Lae<l»4«no<-»—I ■MM MM IMMM Germany 11l Mafcbo. with the head-board of honey coloured peeled rattan matching red-gokJen fabric coordinated with striking check w is very impressive. Beddwig sizes: 1M x 200 cm Faahaonabia orange or appM grm umrntnt RUf bad creations urtHcti an avartatta m Mo ««mm< "TO"
      209 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      54 24 Jfeff GENEVE fmMBI q 'Master of Complications SINCERE M\(FKE\\\T(H LIMITED: M\(,\P()KE \(.il \wdivin i.; \t\KIW S(.H \KI 111 S S.; 4IHII. •11< K> I'lX/MII T 4V»t •>1 <||\ MM! 11l i ",<• ""*^£B i I\ I U \I I II I s \t\L \\N| Kl PL\/\III o: .'4l o",4<r M\K
      54 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      150 26 j»5 A s, From the Mfest Coast USA all the way East, the -3 M ■J best way lo get where you're is 10 fly with the >J Im| > airline who can get you dose* id where )«iu want ml A m U V K) he. And that's Northwest.
      150 words
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      Page 27 Advertisements Column 1
      47 27 NOW WITH JUST $50,000 GET UP TO 3.33 TIMES FINANCING. THt CIT IBANK VI ARC iIN I R ADINC i\( COL NT. I() T R \l)| Tl II W'IDI S'l I ()l M ARCiIN AHI H SIX TRITIHS. C ALL 3 I2h N( )\Y KANr|,,s >»' •< xs, 5,,
      47 words
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      Page 28 Advertisements Column 1
      336 28 BUSINESS Notices f THE COMPANIES ACT CHAPTER 50 SECTION 290(2Xb) notice of wpoumow (StNQAPOMK) LTD (M MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Nomura Asset Management (Singapore) Ltd held at 6 Battery Road #40-02 Singapore *****9 on the 10th day of November 1997, the following special resolutions were
      336 words
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      Page 28 Advertisements Column 2
      336 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTERS! GOLDEN INN SHADOW (S) PTE LTD NOTICE OF IKSOLIJTIONS mm bi !■—ibh aa Extraordinary Geaerai Mcetiaf of Meaiben of GOLDEN INN SHADOW (S) PTE LTD daly coaveaed mi held m 4158 Jalaa Boar. Siagapore *****6 oa 12th November 1997, Ike Special Rcaoiouoai
      336 words
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      Page 28 Advertisements Column 3
      238 28 IN THE MATTES OF THE COMPANIES ACT, CHAPTER 5* AND IN THE MATTER OF CIDO SINGAPORE PTE LTV (IN MEMBERS' VOLUNTARY WINDINC-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of (he Companies Act, Cap. 50 that toe Final General Meeting of the members of the
      238 words
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      Page 28 Advertisements Column 4
      400 28 THE COMPANIES ACT CHAPTZE SECTION MOMk) NOTICE Of EESOLUTION H) HO MANUFACTURING FACTOEY PTE LTD Mialiu' V I InjWhfc, At an Extraordinary General Meeting of Fu Ho Manufacturing Factory fV Ltd held at 8 Tuas Drive 1, Singapore *****3 on the I 3tfc day of November 1997, die following resolution
      400 words
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      Page 28 Advertisements Column 5
      33 28 To advertise call toll-free 1800-*****83 The secret of success Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799.
      33 words
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      Page 28 Advertisements Column 6
      406 28 THE COMPANIES ACT, CAP. S8 JETBO REALTY PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al the Extraordinary General Meeting of JETRO REALTY PTE LTD duly convened aad held a 711 Geylang Road #03-04. Singapore *****6 on Saturday the I Slh November 1997 ike following special resolutions set out below were duly
      406 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      299 29 Bridge News Reuters Rumours dominated talk in the freight market and were largely confined to the key US Gulf/ Japan grain run, where rates are looking set to slip below US$2O4O. Brokers said MSK has 4 ships offering for an end November-early December cargo at U5519.75 and the
      Bridge News; Reuters  -  299 words
    • Article
      MARITIME STOCKS
      274 29 ■wff CWTOM OlM -0.03 6 Ofin ———0*9 *oxn n CMCtlM 0.76 -0.04 441 FraMtf IMa ___032 *002 M eg ItolOni 040 *0009 3 HaJSunHwp 0.79 -0039 22 MUCMZOM* 033 *001 SO IMC MOMBQ* HK&60 JayaHoMnjs 0535 -OOI5 64 Jarana SNpyar* 7.55 *020 TM Kappal Corp 5.40 *O.I5 1562
      274 words
    • Article
      S'pore seeking another term on IMO council
      513 29  -  Minister leading high-level team to attend IMO's biennial assembly meeting By] Felix Chan [SINGAPORE] A high-level delegation led by Communications Minister Mah Bow Tan is in London to seek another term for Singapore in the council of the International Maritime Organisation (IMO). Singapore,
      513 words
    • Article, Illustration
      New launches for Freeport Indon
      131 29 [SINGAPORE] Executives and sponsors of PT Freeport Indonesia with Goh Boon Kiat, executive director ofKeppel Singmarine Dockyard at a naming ceremony for two of their recently completed vessels. The B,ooodwt combined self-discharge coal/oil barge "Pomoko"and the 5,440 bhppusher tug "Tembaga 4" were launched at the
      131 words
    • Article
      Lock icon UK ferries refuse to fly gypsies home
      415 29 Reuters [LONDON] British ferry operators protested their innocence after the government threatened them with criminal charges for refusing to give expelled gypsies a free plane ticket home. The Home Office met ferry company chiefs recently to order them to pay for the removal
      Reuters  -  415 words
    • Article
      Lock icon Rousing reception for Titanic
      235 29 Director relieved by Japanese reaction to most expensive movie Reuters {TOKYO] Titanic director James Cameron said recently he was relieved that the most expensive movie ever made was well-received at its world premiere in Tokyo. "I had an instinct that the Japanese audience would embrace a
      Reuters  -  235 words
    • Article
      Lock icon UK wants Stena, P&O deal settled soon
      205 29 Reuters [BRUSSELS] British Trade and Industry Secretary Margaret Beckett said that she hoped issues concerning the examination of the planned deal between ferry giants Stena Line and P&O could be resolved as soon as possible. Both Britain and the European Commission are examining
      Reuters  -  205 words
    • Article
      Lock icon KPM to manage inland port at Phnom Penh
      440 29 It is investing USslom to set up joint venture MBT [KUALA LUMPUR] Klang Port Management (KPM), in its maiden investment abroad, has set up a joint venture company in Cambodia with local counterpart Meng Srieng Express Import-Export and Transportation. KPM managing director
      MBT  -  440 words
    • Article
      Lock icon Consortium wins Kuantan Port privatisation deal
      182 29 Reuters [KUALA LUMPUR] Malaysian timber and commodities firm Mentiga Corp Bhd said a consortium of which it is a member, has been awarded the privatisation of a port in eastern Pahang state. Mentiga said in a statement that it has a 10 per cent
      Reuters  -  182 words
    • Article
      Ferry service for new HK airport awarded
      122 29 [HONGKONG] Airport Ferry Services has been awarded the tender for a ferry service from Tuen Mun to the new Chek Lap Kok Airport, which will begin next April when the airport opens. The new company is a joint venture between local opera- tor
      122 words
    • Article, Illustration
      Lock icon Time for shipowners to bear responsibility
      683 30  -  In order to maintain standards, they should paint their names on the hull again By. James McNamara The writer is President of the US National Cargo Bureau WHAT is now occurring in the shipping industry could not have been foreseen even 10 years ago.
      FILE PHOTO  -  683 words
    • Article
      Aussie port workers among top earners in country
      243 30 (SYDNEY] An analysis of employment conditions of workers in the Australian waterfront and seafaring industries has shown them to be one of the best in the country. Comparing the earnings of marine pilots and mooring personnel with the earnings of their occupational
      243 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      280 30 PAGE ECL 5 ACL 9 EES 8 ami 3 Ethiopian 6 I Accord 8 Eurohans 6 Appenship 5 tvwgrew 6 Astro 3 Famous 7 Austral 9 FL-BrigM 6 Avant 6 FoongSun BSA 7 C Liofc 4 Bataminoo 7 Gemartrans M Bayswater 7 t»fshp<j
      280 words
    • Article
      SHIPPING GUIDE
      25228 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartisar Vassal Voyjga Talaphona ETA ETA Advartisar Vassal Voyaga Tataptiona SIN Dast'n Nam Nam* Numbar Numbar SIN Oatl'n Nama Nama Numbar Numbar wmmmrnKsmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm- 28/11 30/11 Bayswatar BAYSWATER W PB024 *5-2****** A 02/12 04/12 Bayswatar K. HENC M PB027 *5-2****** TO ABIDJAN (ABJ) 2003
      25,228 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        646 43 v ss# VoyNo Berth Arrival Departure *<* *V*»*l mi "So alongside 17.11/1000 totarnlndali H387 J02 alongside 1811/2300 9716 J02 alongside 1911/0600 H0V17 J01 alongside H.1V0700 9/97 J03 alongside 8.11/0630 020 J08 Hongs* 19.11/2300 pooyjnqqlofY 26 JOB alongside 19.11/2300 1V97 J16 alongside 20.11/0700 r G,innw I J23 alongside 8.11/2300
        646 words
      • Article
        CONTAINER SCHEDULES
        1680 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Bolonco R»tl$ Ship VoyHo Etb/Btr Ported From To Fro* 0442* 20/0100 M 17/800 17/80* 17/800 17/800 17/85* 17/1900 U 17/1700 «MSt 8/0*00 20 17/1700 8/0*0* ■/WOO 1 8/0700 It/mi 8/1400 8/1200 8/U5* a/1700 00*5*1 20/0*30 M 17/800 17~/*5» -^OC 17/1500
        1,680 words
      • Article
        GLOBAL HOLIDAY
        203 43 Nor 18 Latvia, Morocco. Oman Nov 20 Mexico Not 22 Lebanon Nov 24 Japan Labour's Thanksgiving Day. Nov 27 United States: Thanksgiving Day. Nov 28 Albania. Iran. Jordan, Kuwait. Panama, UAE Nov 30 Philippines: Bonifacio Day. Portugal, Romania Doo 2 UAE Dm 3 UAE Dm S Ghana Thailand
        203 words
      • Article
        COCKETT BUNKER MARKET REPORT
        809 43 THIS report, compiled by Cockett Marine Oil Ltd. thowi price range* in US dollar* in ttead of tingle price* for more comprehensive description of the market. Price* »hown are baaed on average'lied ttem Market movement* are tndlcat ad. The Cockett Bunker Price Index change and the
        809 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        432 43 M a n mm 993.9 1.0 17 J 0.10 56 0.04 Wt* »*«H» Art AhmMHK Utmmt HoMxmi2S 2 0 3 0 0 0 M/M 300 AM 986 4 0.4 13.1 0.07 33 0.02 ■4/tri *»rt %n/« »7.0 0.1 16.7 0.09 91 0.08 =22 %w mm* HO
        432 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Airbus jets face US$200m delay by UK Treasury
        471 44 1340-500,600 were to have been launched at Dubai air show this week Financial Times [LONDON] The launch of a new range of Airbus Industrie aircraft is being delayed because the UK Treasury is holding up approval of a US$2OO million (Ss32o million)
        Financial Times  -  471 words
      • Article
        Lock icon HK's air cargo hits new monthly record
        216 44 AFP [HONGKONG] Hongkong's airport handled a record total of 163,781 tonnes of air cargo in October, with the cumulative total for the past 10 months reaching a new record high of 1.385 million tonnes, Hong Kong Air Cargo Terminals Ltd (HACTL), said on
        AFP  -  216 words
      • Article
        Lock icon Inokom targets sales of up to 3,000 vans
        271 44 Bernama [KULIM] Industri Otomotif Komersial (M) Sdn Bhd (Inokom), Malaysia's first light commercial vehicle manufacturer, hopes to sell 2,000 to 3,000 units of its all-new Inokom Permas vans next year. Inokom's managing director Lim Khoon Yee said production of Inokom Permas van
        Bernama  -  271 words
      • Article
        Lock icon Thailand to scrap Aussie air pact: report
        378 44 Canberra had been lobbying for more fifth freedom rights AFP (BANGKOK] Thailand is likely to scrap a disputed aviation pact with Australia after a two-year deadlock in negotiations between the two sides, officials were quoted as saying yesterday. The breakdown came after months
        AFP  -  378 words
      • Article, Illustration
        Lock icon Letting off steam
        57 44 [NEW DELHI] A railway worker polishing the chimney of the world's oldest working steam engine in New Delhi on Saturday, before it chugged off into the Indian desert with 50 passengers aboard. The "Fairy Queen the 2&tonne engine built in 1855 was rescued from a museum as
        AFP  -  57 words
      • Article
        Lock icon London Tube privatisation may be delayed
        177 44 Govt's favoured option reported to be in tech difficulties Reuters [LONDON] The British government's favoured option for a partial privatisation of London Underground railway, or Tube, has run into technical difficulties that are delaying a decision, the Financial Times reported yesterday. Splitting the Tube
        Reuters  -  177 words
      • Article
        Lock icon Saudia to start getting Boeing-MD planes from Jan
        162 44 Reuters [DUBAI] Saudi Arabian Airlines expects to start taking delivery of 61 Boeing and McDonnell Douglas planes in January, about half a year behind schedule. "Saudia will begin receiving the first shipment from the deal for 61 planes which include MD-90s from
        Reuters  -  162 words
      • Article
        Lock icon Hino, Sumitomo venture to open truck plant in Vietnam
        100 44 AFP [HANOI] A joint venture producing heavy trucks between Japan's Hino Motors, Sumitomo Corp and the Vietnamese Ministry of Transportation will officially open later this month, a Hino executive said over the weekend. The company, Hino Motors Vietnam, is a US$B.l
        AFP  -  100 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1717 44 OTT FU6H7 ft* FU6W7 no AMaMa 0F81 1930 0F62 2050 I VN74I 1310 VW740 VKO iBHI mo $0173 1905 ***** 1415 Amttim ***** 0910 KLM4 0125 1925 CAW 0945 K1838 2135 UA805 0100 UA606 0005 W.837 1540 0126 2355 $01 1140 CI710 0840 S02t 2355 6*903
        1,717 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      22 29 Time for shipowners to bear responsibility In order to maintain standards, they should paint their names on the hull again Pag© 2
      22 words
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      Page 29 Advertisements Column 2
      297 29 Airbus jets face USs2oom delay by UK Treasury A 340-500,600 were to have been launched at Dubai air show this week Back Page THMMd arlhual Asia Pacific Tanker Conference w n be held frtta^korrow in Singapore. The two-day conference has as its theme, World TankerUutlook Boom or Bust? Among speakers
      297 words
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      Page 30 Advertisements Column 1
      826 30 jatHQAPOBI CAUFORWI* »XI>«t»» (DItHCT fROMWTOT CO*ST| 1 KARACH, OPtt.M ffQ, w om van su u sin vfssa voy jia dmm iam km cot pro sin NEPTUNE AUXANMITE 34W542 IJ/10 17/10 M/io M/H 10/11 WX UN iff 31/10 91/11 M/ 11 07/11 11/11 17/11 "il/lT 41W544 11/11 11/11 14/11 10/111 17/11
      826 words
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      Page 30 Advertisements Column 2
      556 30 UnM MrviCM repfes*nt»c by M»mb«rs of Registry ot Mwnt»fao<th« Ul©l|) Accr«Jit.d Shipping Agwto. S2LJ S«B«por» FwltfH Forwarders N^>n*£/stxve National Shipping Assoc Awocitfion lAL Container Line (UK) Limited A.s i'< Marine Transport Resources iSI Pte Ltd Tel 223 8380 Fax 223 8387 "Excellence in Quality does not stem Jrom Complacency.'> Weekly
      556 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1085 31 PACIFIC SOUTH WEST EXPRESS (DWECT) ALSO ACCEPTING MANAUS VIA LAX/HOU vcsa voy na swra m nn m wrt m. hom g> AftSMGATOM OIK 17/11 19/11 20/11 05/12 09/12 10/12 10/12 12/12 12/12 10/12 11/12 13/12 ahjaiam 0201 247n" WW TtTTT l27iT "WiF 17/12 ***** u/12 11/12 17/12 17/12 l*7iT~ AfIMMIA
      1,085 words
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      Page 31 Advertisements Column 2
      2226 31 I 0 HANJIN SHIPPING USA CANADA* FOP VSI/VOY m MM SM UNIKAUI/VOY ~$U KX IDOI CM DTT [""Si MM OOS M Otf NYC TV* TYC |YK| YU YYZ H.OWGMUI4H B/ll 11/11 14/11 H. BJZAKIM/0171 11/11 13/11 13/11 14/11 14/11 14/11 14/11 14/11 17/11 17/11 19/11 li/iT u/ii ~is7ii~ IyTTT v/n
      2,226 words
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      Page 31 Advertisements Column 3
      107 31 l /W* ORIENT EXPRESS LINES (U.K.) LIMITED Og*l, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VKSfI VOY SINGAfOM tOWUY VRgl VOY IQMMY SIMGAPOtI SINAR TQBA 219 21/11 30/11 SINAR TOBA 218 12/11 21/11 OOCL ACHIEVER 009 24/11 03/12 OOQ ADMIRAL 008 15/11 24/11 KEPAH 008 28/11 07/12. KEDAH
      107 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1583 32 DSR-SENA TOR Am Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT sttL J?2L_ M_ *"T "w ham~ ax uw~]| vttsa Ivor 1 lha |m I htm I onv I nam Ism CMOYANG MOSCOW WF7SO 2111 13.12 14.12 14.12 1512 *.12 16.11 CMOVAMG WOM.D €FM6 2*ll O.N 2(10 3111 UK
      1,583 words
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      Page 32 Advertisements Column 2
      1197 32 MY YML ,ntorn t w t> Srt Mtp: //www.yml.cofn.tw IJ:1;«> VlWl.|||M.»>lll HHH lll.n HHH HI.U AWUVAt RXtO MY-MONOAT VESS£L *0T LEH FIT HAM AIM HFA (IN PAX A739E SLO SLD SID SID SLD 18/11 MING GLORY A74OC SLD SLD SLD SLO SLO 2S/U GILBRALTAB BRIDGE HVA74IE SLD SLD SLD SLO
      1,197 words
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      Page 32 Advertisements Column 3
      583 32 LINE JS TVLi 1111)11 MXi *****37 I miARA r LABUAN vissa vor in iu vßsa vor rro n* spooe mimia spooi UN JPEOSPH V 271/97 20/11 23/11 JPTOSPB V 271/97 20/11 M/ 11 ap»gu*y rm/i7 25/11 a/u apmguxt rm/n 2S/1129/11 ipmsfb rm/v 21/11 02/12 lpmspb rai/17 21/11 ti/12 km cum
      583 words
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      Page 33 Advertisements Column 1
      1284 33 VtBSBL VOY SIN BKK POU PKO PIN 84.W BUW BA I BM IRAN MEEZAN PJL-1261 11/11 I 1 26/11 24/11 IRAN TEYFOUHI PJL-1260 18/11 24/11 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAUAN. ARMENIA, KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TAOZHIKISTAN 8 GEORGIA VIA B. ABBAS. BIK AGENT
      1,284 words
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      Page 33 Advertisements Column 2
      1057 33 hqminil JJ TIL 226 IfOO FAfc *****0* O^U^ m-"(«]»! Si! ZLis a." a, :,E1 SSftaSTLuf S/{2 JJ£ /11 fBK/WJW ®/ll S/ll |ft/ll 17/11 VK/VOT NTC OAI 06 ASH HM SGT N/n M/n WOOUSBW/0154S OVII- IVII 11/11 IVII M\ KM* 'Vio ivio ivio os/ii ovii 11/11 SETEJ— *n\ 2£ AHHErtOtSW M
      1,057 words
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      Page 33 Advertisements Column 3
      553 33 I'lts-, EASTERN CAR UNER, LTD. f-E-1 tg (SINGAPORE) MI LTD SPECIALIZE Hi BORO A HEAVY UFT UPTO 122 TONS Kl (SINGAPORE) PTE LTD LOADING FOR CEBU/MANILA BANGKOK/LAEM CHABANG MV "CIELO AZUL" V.I3A MV^EVERITTViJ ETA PKL 14/11/97 ETA SIN 16/11/97 ETA SIN 24/11/97 ETA BKK 27/11/97 ETA CBU 20/11/97 ETA MNL
      553 words
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      Page 34 Advertisements Column 1
      896 34 EUROP£yUKySCANDIMAVIA/FIMLANO/RUBBIA SGP ROM ANW HBO THP ZEE IHV IHV THP ROM ANW HBO PKL S6P E REWARD RW-028 22/11 11/12 11/12 12/12 14/12 15/12 18/12 E. GIVEN RE-060 20/10 22/10 21/10 23/10 25/11 10/11 10/11 I. RIGHT RW-031 29/11 10/12 23/12 11/12 21/12 22/12 23/12 E. GALLANT RE 053 27/18
      896 words
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      Page 34 Advertisements Column 2
      1204 34 I«xpo«T VISSIL VOYAGE SOP "DUI MA AMI OMN lAH IWT lAI VISSII VOYAGI Ml U ill DW IIH W UMANPIf 0412M3W 10/11 30/11 01/17 02/17 03/17 03/17 o*l7 UNIMtiAD *****071 of/ll Of/11 10/11 11/11 17/11 74/11 UMCOtOM M43W2W 77/11 07/17 07/17 01/17 Of/17 10/17 10/17 10/17 UMA((OtO *****01E It/11 14/11
      1,204 words
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      Page 34 Advertisements Column 3
      484 34 fia. NANTAI LINE FULIY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRKA vessel vor I si I nu I ou» I err »/uT GOLDtM ORAGOR 001S 74/11 04/1? Ot/12 12/1? 14/1? WAWIAI HdtKESS OIK 01/1? 15/1? If/1? MjMM MB 024S 07/1? 15/1? 19/12 ?4/l? GAWUtHUK OPTS 14/1? 30/1? HAKUIMUGON 003S 19/1? »/l?
      484 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      725 35 MM MYANMA pBBk FIVE STAR UNE (Myanmar National Lint) Loading for Y a agon (Rangoon) VESSEL VOT SIM PIG PEN PGU mongu tw If/ii in pt HP* AN 23* If/11 MALAYSIA AGENTS: MUSTEAD SHIPPING AGE NOES KUt TU 02-03-*****00 PKL TU 02-03-37M101 PEN: Ttt 02-04-*****2 PGO: TU 02-07-*****21/4 BANK LINE
      725 words
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      Page 35 Advertisements Column 2
      1040 35 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****32 [VBHI I WT fat I La I BM ANT NAM Mt ffl HTCOMMOOORE IOfW 14/11 03/11 04/11 04/11 04/11 04/11 09/12 HY FEDERAL MOW 24/11 11/12 12/12 14/12 14/11 14/12 17/11 HYADMMAL HOW 01/11 11/11 11/11 21/12 11/11 11/11
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      Page 35 Advertisements Column 3
      644 35 FAMOUS CONTAINER LINES JltS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 g/ HOT UNE: *****33 (30 UNES) PAflt ADtHttSk www.faißBii.Coßi.Bfl E-MAM. ADORESt: adnihiftf—ilb.coblB| DAILY SAILING TO •Sb"""" mBB fe \9 ■E^--'■K. ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 UNES) j. BAHRU
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      980 36 BANOKOK/LAEM CHABANO JAKARTA/PAN J ANO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN ORABHUM" 31N In Pt 20/11 OEJ* BHUM 722S In Pt 21/11 20/11 NANTA BHUM 368N In Pt 22/11 21/11 EAGLE TIDE* 2M In Pt 22/11 BANI BHUM" 72N 19/11 22/11 23/11 XETHA BHUM 219S 20/11
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      Page 36 Advertisements Column 2
      679 36 JsjS pul international line pullnternajkmal My MM s*™*» ''I*' hf i Afi biww rmU W i. MmilMkm l,n>| SOt (Mf> Srj/twM d AhMm m mr*. MMM OMI Afaatt UwJ Mm. JAKARTA (UTC 1) 5 SICS/WK VSL I VOT t SIN I jM iiN MAGON SUMIAWA S4S lIN PT fui 122'
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      Page 36 Advertisements Column 3
      787 36 J| /ICCORD A SHIPPING PTE LTD m: S46SIIS (40 Uims) FAX *****30 rOfT KUMC (03) U7lOOl tm m DIMICT ACCESS TIL: *****5S (EXPORT BOOKING) Hilt GUDAHC (0/)iSI W7 *****34 (EXPORT DOC), *****39 (IMPOST) PfHkHG (04) 332 1444 URL:MTTP;//WWW.ACCORD.COM.SG JAKAtTA (it) 640 07TO POUT IU SIN EOtT ITA SIM POKT ITA
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      475 37 INDONESIA NATIONAL LINE TO EUROPE KXPHESB BPWMSOWTAINERISED SERVICE wt VOT N'IUHO mtMiM AHTWtWP A.VESSEL 41W1 21/01 24/01 OMIT 27/01 TO AUSTRALIA "1 FULL COWTAMgR SERVICE V» VOV_ pHPST fflt IX "STD I MH. I HIA I ADtIFHf NO. cmsw VS2S 2*ll 22/11 OVI2 OM2 00/12 14/12 NO. «MBen VMS 27/11
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      Page 37 Advertisements Column 2
      1063 37 ADVANCE CONTAINER LINES (PTE) LTD Al* I 140 Cadi Street. #12-00. PIL Building, Singapore *****0 M W Li TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60 *****06 IAMOKOK JARARTA (ISHog^Moo**o PAT) ij Seiiioeo/Woet) IWAimgiurTTHAIIAWP VESSEL VOY $53 BKJC VOT «N JKT MA«N "008N 19/11 Wad
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      Page 37 Advertisements Column 3
      910 37 vessels I vov ls» i jed i pso I l£h I ham 1 rtm I thp Izeel VILLE D'ORION Y22W Wll 38/11 3QM2 07/12 09/12 11/12 10*12 12/12 VHEOEMMOSA V22W g/11 03/12 14/12 ~~WI2 UA2 V 7/12 S*T~ VUEOECtftUA T23W 08/12 12/12 14/12 22/12 2V12 25/12 2&12 27/12 VXE D*
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      40 40 To retrieve more schedules, just follow these simple steps... l the port Jpnteryour Step key in the four number &M digit code Key in your Example: ,-JL, fax number To NEW YORK (NYC) 2275 for calls within Singapore Ufiitod St&tOS
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      348 42 OSINO EXPRESS SHIPPING J^\ 11 COLLYER QUAY #06-01 THE ARCADE (SINOTRANSI S (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI J®!!! 9756 MJ 26/U 30/H WW Will 972? 28/jj 0371? 07/12 JIHYU 9756 05/12 09/12 13/12 JULQI 9758
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      Page 42 Advertisements Column 2
      218 42 Carrier: MN CONTR LIMES, INC bJ\y VIJ MBlk (064)*****6 MAMLA: (632) *****61 PENANO: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P- KEIANQ: (03)3MM77 JKT! (21>»0»t<g MDtt «1)644CJ WHOOP T" USA/JAPAN MV "ZIM HAIFA" V.9BW MV "HJ CHUNGMU" VI6IE ETA SIN: 25-11-97 ETA SIN: 24-11-97 I ROTTIRDAM/HAMBURG AUCKLAND MV "CHOYANG
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      Page 42 Advertisements Column 3
      146 42 ■hOPEI 2/12 Nan/RdrrVAtw/BmrVUK I ■SAMMI FORTUNE 28/11 NarVßdrrVAtw/Bmn/UK I Malaysia, Indonesia I II ■CENTAURUS HocteKJah/JeOdah/Aqaba/Algena I ■GIORGOS Dubai/Bahrairv/Damman/Kuwait I ■pan FORTUNE H<xJetdah/J«dda/VAqaba/Eaypt/Thpo»i I ■XIHAI Aden/HodeidafVJeddah/Aqaba/Egypt I ■AKARTHOS Dubai/A.Dhabi/Bahrain/Damman/Kuwait I 'Loads Singapore, EVW Malaysia. Indon—ia I Los Angeles/New Ortean/Charieston/ I Norfolk/Camden I ■DYRIVER Los Angeles/New OrlearV Charleston/ I tllnrfnll, if* n
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      122 43 11^ LEGEND: R Thunderstorm Temperoture c A V Shower Weother Wind ckrection with speed m knots Roin Cloudy Sky Wow Surfoce winds ere indicated by arrows which fly with the wind One full circle represents calm or light and vonoble wmds 1_ One holf Heche represents 5 knots n ,u
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      82 44 Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Call 40-6000 Press 1 key in Document Code Key in fax number Enter vour phone number 1 ONLY MOBITALK OFFERS CRYSTAL CLEAR COMMUNICATION ISLAM-WIPE No static. No crosstalk. Just crystal clear communication. Save up
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      Page 44 Advertisements Column 2
      58 44 M.V. "YUKARI" VOY.7 ARRD 12 NOVEMBER 1997 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 19 November 1997 0900-1200 hours at PT9 (NTY's Office). No further survey will be t entertained thereafter. As Agents: "K" LINE KINKAI
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