The Business Times, 4 December 1997

Total Pages: 44
1 44 The Business Times
  • 13 1 THE BUSINESS TIMES MTA (F) 023/12/96 85e SINGAPORE Internet http://www.aslal.com.Bg/blztimes THURSDAY, DECEMBER 4,1997
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  • 1241 1  -  Sooth Korea will have to cap growth at 3% and open up financial Hffati and hinka By Jennifer Veale in Seoul AFTER much wavering, South Korea yesterday finally secured a US$55 billion (5588.6 billion) bailout package the biggest ever rescue
    AFP  -  1,241 words
  • 416 1  -  Owners c&b earn up to $10,000 for referrals resulting in sales By Diana Oon [SINGAPORE] Recommend a house buyer who signs on the dotted line for a unit in any Far East Organization project and walk away richer by up to
    416 words
  • 332 1  -  By] Larry Wee [SINGAPORE] The rupiah, the Malaysian ringgit and the baht thudded to new lows against the US dollar yesterday, while the Singapore dollar lost further ground to hit a low not seen in more than four years. The Indonesian unit was sold down almost
    Source: Dow Jones  -  332 words
  • 592 1  -  Policies most be spelt out and be predictable to facilitate investors From, Loh Hui Yin in Suzhou CHINA needs to be consistent and transparent in its economic policies if it is to continue attracting foreign investors, Senior Minister Lee Kuan Yew said
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  • Page 1 Advertisements
    • 84 1 mamu OMi |aw FAN'S Coke venture in Vietnam has been hit by tarns bad pnea, Pg 17 tin tail i mil tmuESL India's PmtteatKß Narayanan looked set last night to dissolve the lower bouse at parliament and order a mid-term election, PfflO -1 So II mM il«oirflWrOii Mhllim Kwee is
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    • 29 1 Cm oondoa still offer good value: Pidemco Land, Pg 3 KirfrT—not planning, to cut prices yet, Pg 3 Wbo'a got the lowest home loan rates in town?, Pg 3
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    • 251 1 Timeless values. J R I 1 n B Empire Periods W Geneva enamel,. Hp '";Duplex escapement movement H. fry Hbery 0 f London. These two exquisite watches, The Rolex Da>-Date, in the shape of peaches, are w is appreciated for more called «For China». than J ust the twenty-fiye. The
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  • SINGAPORE AT HOME & ABROAD
    • 345 2  -  28 PLEs have $100 m uuuud revenues; *aetfcer 10 expected to met Urget in '98 to Carol Eng Singapore's promising lo'•feal enterprises (PLEs) are 'likely to experience slower t jHrowth next year, but the Economic Development Board's $ian to produce
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    • 525 2  -  Of tfcft 104 projects CMnmitted, 49 have parted eper&tieiis JYom'. Loh Hui Yin XnJhizkou A PUBLIC housing project patterned along the lines of Singapore's Housing and Development Board's, ground--beeaking of Gul Technologies' {$$36 million (SssB million) plant, completion of water and jiewage plants to serve
      525 words
    • 314 2  -  EYE ON THE ECONOMY Commerce By Frances Lui AFTER two consecutive months of net closures of food and beverage outlets in July and August, September saw a net rise in the number of F&B businesses. The latest figures from the Singapore Tourism and Promotion
      Source:  -  314 words
    • 261 2  -  By] David Boey THREE Singapore Technologies subsidiaries sealed a US$lO million (5516.1 million) technology transfer and support services deal with USbased Cadence Design Systems yesterday. This is believed to be the largest technology transfer agreement signed in the Asia-Pacific region outside
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  • Page 2 Advertisements
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    • 52 2 f" 71 ja—m K E N'T&C U R\V K N,,,, S Li H E Y t S 'G L A N O V<M.o u M I II S V II N I I I I ■> VAK \S|| M w s I oRI II i« h!• Ifli K l M
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  • SINGAPORE AT HOME & ABROAD
    • 449 3  -  Far East tops bids with $141 psf ppr for Tanah Merah site, $171 for Hotigang site By, Jenny Lam THE latest tender for the sale of two residential state sites in Tanah Merah Rise and in Hougang drew low bids and little interest
      449 words
    • 509 3  -  Debt-to-eqoity ratio 'very comfortable', no hnrry to sell nnits, says director Bya Ang Wan May KEPPEL Land (Kepland) has no plans to follow First Capital Corporation (FCC) in slashing prices for its 99-year leasehold projects at the moment, said the group's executive director
      509 words
    • 420 3  -  By\ Clarissa Tan Siow Li Sen HURRY, hurry, hwnebuyers. Not all home loans have risen in tandem with banks' recent half a percentage point hike in prime rates, but this may not last much longer. Only two financial institutions have yet
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    • 430 3  -  Buying pattern seen as proof that ECs are hitting target market By Diana Oon EXECUTIVE condos continue to offer good value and will remain attractive, Pidemco Land's senior vice-president, Kee Teck Koon, said yesterday. He was speaking to reporters at the
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  • Page 3 Advertisements
    • 51 3 SALUT RESTAURANT WINE BAR "Border Cuisine' French SZitoCian fare 3-CoURSE Christmas Set Lunch Menu AT $42+++ PER PERSON IStfi 24th December 1997 Ideal for corporate or social Christmas luncheons antl gatherings To piact reservations, request for the Christmas Set Lunch menu or location map, please caCC E(oise Oruj at 225—7555
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    • 112 3 iv 'V t gi r.r True it's wickedly expensive, IC« J but when's the last time you were naughty? I H lm H ■H DM 1 Js CJ2T_ S^m The shopper "Knightsbridge": excellently from 1 leather as as 1 the V i J 4 seeoeß CASHMERE IN LEATHER Berlin Frankfurt
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  • FOCUS: PROPERTY
    • 502 4  -  Some 400 units expected to be launched in the area over the next few years By. Ang Wan May [SINGAPORE] PROPERTY prices in the prime Balmoral area are on a slippery slope as more housing units are expected to come on-stream. According to estimates by
      FILE PHOTO  -  502 words
    • 1124 4 Property transactions for districts 09 and 10 (sectors U to 23 and 24 to 27) lodged between Nov 3,1997 and Dec 1,1997. PROJECT NMC/ POOP CONTRACT TENURE RAW HKE PSF STREET NAME TYPE QUE LAND AREA* (SOFT) (SSDOO) 6$) District 09 2B Cplx Apt 30/09/97 FH 678 813
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    • 1888 5  -  Some important concerns need to be dealt with in the proposed changes to the law relating to en bloc sales, among which is the question of what is a fair Drice By S K Phang The writer is an advocate and solicitor with a
      FILE PHOTO  -  1,888 words
  • Page 4 Advertisements
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    • 82 4 No. 152 Jaksn Besar Brand New 6-storey Commercial Building Tenure Freehold Built-in (GFA) 10.676 aq ft Excellent road frontage Near to Food Court and Market Multi-storey carpark just behind 5 nuns drive to CBD rrttm Closing date ot Tender IS Dec 1997 (Mon) at For viewing and tender document please
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    • 15 4 Sunday Classified -eizablVCt kH 1 at Clarke Quay I SCT Evwry Sunday, 9am spm I
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  • Page 5 Advertisements
    • 155 5 IDe'ue brought back something that's been missing from Friday nights for quite a while. Style. sfep into an era where everything is choreographed to perfection. The sound is Big Band, the dining is intimate, the dress is lounge suit and the night is always young. IJou are invited to wear
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  • MARKETS IN TURMOIL
    • 502 6  -  More pressure likely for fresh economic stimulus package From Anthony Rowley in Tokyo JAPAN'S economy avoided sliding back into recession in the third quarter of this year by registering 0.8 per cent growth over the previous quarter. But the rebound was by no
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    • 399 6 Reuters [NEW YORK] The world economy will emerge stronger once Asia's financial problems have been resolved, US Federal Reserve chairman Alan Greenspan said on Tuesday night. But Mr Greenspan told the Economic Club of New York, a gathering of top executives, that
      Reuters  -  399 words
    • 250 6 Reuters [TOKYOJ China, fighting a lonely battle to check the rise of the yuan, may eventually join the regional club of currency devaluations in a bid to maintain its export momentum, senior Japan-based analysts said yesterday. But any yuan devaluation would be mild, given Beijing's
      Reuters  -  250 words
    • 308 6 Investors fear PM doesn't see scale of Japan's problems Reuters [TOKYO] Prime Minister Ryutaro Hashimoto has been put on "credit watch" by the markets for his limp response to the loss of confidence in Japan's financial firms which has deepened after a series of
      Reuters  -  308 words
    • 417 6 Banks help out after it fails to honour 400b won promissory notes AFP [SEOUL] South Korea's 12th largest conglomerate, Halla Group, yesterday brushed with bankruptcy before being saved at the last moment, creditor banks said. But despite Halla's narrow escape, analysts warned
      AFP  -  417 words
    • 346 7 BANGKOK Full recovery seen Ukiagtkree years bat crisis expected te bettMieatinliixtlis IHT PRIME Minister Chuan Leekpal said on Tuesday that Thailand's economy was in worse shape than he had imagined and vowed to identify those who had led the country to the
      IHT  -  346 words
    • 357 7 BANGKOK AFP THAILAND'S economic chief Supachai Panitchpakdi said yesterday foreign creditors had agreed to roll over more than 50 per cent of Thailand's debts due for repayment at year-end. The rolling over of the massive debts is crucial to Thailand's economic recovery, analysts
      AFP  -  357 words
    • 265 7 KUALA LUMPUR Reuters AFP A SENIOR Bank Negara Malaysia official said yesterday non-performing loans in the country's banking system stood at 4.3 per cent of total loans at the end of October against 3.6 per cent a month earlier. "The non-performing loans (on
      Reuters; AFP  -  265 words
  • Page 6 Advertisements
    • 481 6 US service prices rising too fast?Pg 11 w SIEMENS K -^H f fr.. »-MV* "*s«•'&* <'.JKSi s 1 anßfaSMltßSti o §P!*te Hg JH «r l^H LONGER. Siemens SlO for hours W m W?' m I «v "^^WBM^IM B. Kgj4T I Introducing Siemens S10: The world's first GSM handphone with a
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  • SOUTH-EAST ASIA
    • 317 8 BANGKOK Other measures aim to improve liquidity in expert sector AFX-Asia THE Thai cabinet has approved plans, based on an agreed criteria with the World Trade Organisation (WTO), which wiU allow foreign investors to hold 100 per cent equity
      AFX-Asia  -  317 words
    • 266 8 &EWYORK Bloomberg PHILIPPINE central bank governor Gabriel Singson hasn't decided whether to serve out his full six-year term, or step down when President Fidel Ramos leaves office in June. "Legally, I can continue if I want but that's still not decided on
      Bloomberg  -  266 words
    • 63 8 [HANOI] A billboard artist yawning as his partner puts the finishing tour-hex yesterday to a poster advertising flights in and out of Hanoi. Vietnam's tourism industry has run into problems following a boom in the early *****. Official figures show an 8 per cent
      REUTERS  -  63 words
    • 390 8 MANILA Govt now has to craft new statute or provide subsidies AFP THE Philippine Supreme Court yesterday reaffirmed its decision to strike down a law which deregulated the oil industry, leaving the government to craft a new statute or be saddled with costly
      AFP  -  390 words
    • 248 8 JAKARTA AFP PRESIDENT Suharto is to question the manpower minister over the alleged misuse of US$B2O,OOO (Ssl.3 million) from a workers' insurance fund to push for the passage of a labour law, reports said yesterday. Mr Suharto's move "proves that the president
      AFP  -  248 words
    • 277 8 JAKARTA 40% decline of rupiah against US$ also compounding woes Bloomberg INDONESIAN consumer prices rose 1.65 per cent in November from October, as a severe drought nudged food prices higher, a government official said. The year-on-year rise in inflation accelerated
      Bloomberg  -  277 words
    • 200 8 KUALA LUMPUR Bernama SIEMENS AG of Malaysia has not made any new offers to be involved in the 13.6 billion Malaysian ringgit (Ss6 billion) Bakun hydro electric project, a company official said yesterday. "For this project, financing is very important... and these are
      Bernama  -  200 words
  • Page 8 Advertisements
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  • CHINA-HONGKONG-TAIWAN
    • 403 9  -  TAIPEI Staring demand comes from MNCs, ftflfimiyil, high-tech firms: report By] Bruce Cheesman SOARING demand for prime office space by multinationals and Taipei's top financial and high-tech conglomerates has pushed vacancies for downtown sites to aftO-year low. In a further demonstration of
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    • 114 9 BEIJING Bloomberg CHINA wUI only aUow asset evaluations by certified pubUc valuers from next year as the country speeds up the sell-off and merger of state-owned companies, the official Xinhua news agency reported citing an official from the State Administration of State Property. Certified public valuers win
      Bloomberg  -  114 words
    • 460 9 ■HONGKONG High cost*, hue, madia burnout blamed for one of its worst tourist slumps LATWP HOTEL rooms sit empty. Commercial flights arrive with plenty of spare seats, and the territory's main air carrier is offering drastic discounts. These are hard times for Hongkong's tourist
      LATWP  -  460 words
    • 155 9 BEIJING AFP CHINA and Britain yesterday hailed a "new chapter" in often troubled ties over Hongkong as they wound up their first talks on the territory since its return to China. "The two governments have successfully resolved the questions left over from history
      AFP  -  155 words
    • 518 9 WASHINGTON Japan, an the other hand, isn't doing euough to open its markets Barshefsky Bloomberg US TRADE Representative Charlene Barshefsky said China's latest offer to gain entry to the World Trade Organization showed a "substantial attitudinal shift" in thinking by the Chinese government. "The
      Bloomberg; FILE PHOTO  -  518 words
  • Page 9 Advertisements
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    • 112 9 O MONT° BLANC In times that are changing y ever faster, we need things which preserve the Reserve de Marche gold, mechanical clock-work, the tradition of Swiss craftsmanship. I W» ~4ipp i THE ART OF WRITING YOUR LIFE MONTBLANC BOUTIQUIS SINGAPORE: NSEE ANN CITY #01-32, RAFFLES CITY #01-37 A t
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  • ASIA
    • 62 10 [KYOTOJ Nozomi Yamamoto touching delicate paper balloons set up at Kyoto's international conference hall with various messages and illustrations callingfor care of the earth, as a globcil warming conference continues in the ancient Japanese cqpilal on Wednesday. The balloons are meant to symbolise how
      REUTERS  -  62 words
    • 366 10 ■SYDNEY But economists ask if grwrth will keep op amid Asian turmoil Reuters AUSTRALIA had the best of bdth economic worlds in the September quarter, with accelerating growth and falling inflation, data released yesterday showed. But economists said it renfairis to be seen whether
      Reuters  -  366 words
    • 505 10  -  NEWDELHI Caretaker PM Gojral and his cabinet recommend dissolution of lower house By Rajendra Bajpai INDIAN President K R Narayanan looked set last night to dissolve the lower house of parliament and order a midterm election in a bid to
      505 words
    • 377 10 TOKYO Surging borrowing cost comes amid financial firm failures Bloomberg THE "Japan premium", the extra interest Japanese banks are being charged to borrow funds overseas these days, is pushing many lenders to accelerate their withdrawal from foreign business, analysts said. Japanese
      Bloomberg  -  377 words
    • 245 10 TOKYO AFP JAPANESE experts have detected abnormal seismic patterns and have warned that a massive earthquake could strike near Tokyo, a report said yesterday. An area in central Japan has seen an unusually large number of quakes this year and experts say abnormalities in seismic
      AFP  -  245 words
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  • THE WORLD
    • 469 11 KARACHI Economy plagued by low revenues, depleted forex reserves, Asian turmoil, among others Reuters THE political crisis that plagued Pakistan for weeks is apparently over but analysts said Prime Minister Nawaz Sharif faces an uphill task to lying the ailing economy
      Reuters  -  469 words
    • 286 11  -  SINGAPORE Toh Han Shih A FORMER US intelligence officer said here yesterday that the only effective electronic attack on an international banking transaction that he knows of is by the US government. William Church said the current head of the US CIA,
      286 words
    • 412 11 NEW YORK They're moving at pace above 'price stability': Greenspan Reuters FEDERAL Reserve Chairman Alan Greenspan said on Tuesday that prices for US services were rising faster than price stability. "Service prices which, of course, in the US, are the majority of
      Reuters  -  412 words
    • 348 11 SANTIAGO Aim: make markets in Americas less vulnerable to shock Bloomberg WESTERN hemisphere finance ministers endorsed a plan to impose tough banking reforms across the region, hoping to make financial markets in the Americas less vulnerable to shock in the future. The
      Bloomberg  -  348 words
    • 126 11 NEW YORK Reuters FEDERAL prosecutors are expanding an investigation into whether organised crime has tried to gain a toehold in some parts of Wall Street, the Wall Street Journal reported yesterday. The newspaper said the US Attorney's office in Manhattan is investigating possible connections among
      Reuters  -  126 words
  • Page 11 Advertisements
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  • EDITORIAL & OPINION
    • 763 12  -  Tm BOTTOMLDfB OPINION By Robert Reno The writer is a Newsday columnist TO a lot of us slobs, one of the gratifications of being Bill Gates would be not having to whine about paying the taxes on our house. To
      763 words
    • 114 12 'I have decided that the allegations against President Clinton, Vice-President Gore and former Energy Secretary Hazel OXeary do not at this time warrant the appointment of an independent counsel This decision was mine and it was based on the facts and the law, not pressure, politics or
      114 words
    • 600 12 EDITORIAL PAKISTAN'S Prime Minister Nawaz Sharif has emerged the victor in a bruising battle with the country's head of state as well as its judiciary. While that may give the impression he is in total charge, the real lesson from this episode is how pivotal the
      600 words
    • 1248 12  -  France's bid to cat work-week from 39 to 35 hoars has vital implications for restoftbeEU By\ Salil Sarkar The writer is a Paris-based journalist who contributes to BT CUT the work-week down, say France's rulers: it will create more jobs and help fight lingering unemployment. The
      REUTERS  -  1,248 words
    • 744 12 THE scandal over the allegation that PT Jamsostek paid money to House of Representatives' members who deliberated the manpower bill this year has opened a whole Pandora's box. Many House members now openly admit that such contributions from sponsors are normal, and at times even expected.
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  • Page 12 Miscellaneous
    • 33 12 DOOMESBURT By Garry Trudeau CfiPTAiN sorxxuvtes, no mors niche PKvuaz MHBHBHHMHH OWB! 60THUN6UP BABYH& I OFF T&MOST I TIMEOUT IPVNTAJWTD f.™ NHB&G /TTTHZOmCS. I MAP A I SUCCESSFUL I &fU> JUSTANOnCX/VF&N- ££*gg~| CHIP
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  • EXECUTIVE LIFESTYLE
    • 1221 13  -  They're hot, but will we remember them tomorrow? chbxstofhertak reviews three fashion statements CHRISTOPHER TAN COUPES, like other lifestyle models, seem to come in waves. In the past 18 months or so, we've seen no fewer than a dozen entries. These included the Fiat Coupe,
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    • BUMPER to BUMPER
      • 60 13 DAIMLER-BENZ, which makes cart, vans, trucks and buses, is also heavily into trains and rail-based mass transit systems. Its 50 per cent owned Adtrsnz has nine billion ECUs (S$l6J2 billion) worth of projects on hand. Adtranz has targeted Asia as a growth area and will pump
        60 words
      • 79 13 THIS is the new BMW 3-seriesto be launched in Germany next May. The car is expected to reach our shores later in KM. It is slightly bigger and features a more powerful range of engines. Visually, there are some design elements from the 5-series and
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      • 54 13  -  Compiled by Christopher Tan PARALLEL importer Advance Automobile has launched an aggressive direct mail promotion offering discounts of 94,000-98,000 plus a year's free maintenance. The sales drive follows a previous one targeting Cycle k Carriage clients. Advance has also written to Mercedes-Benz owners to promote
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  • Page 13 Advertisements
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    • 100 13 I I k \h Hoi's kitchen is locatccj on ~W /V T I loci 4. lanolin Mall (Traders Hotel J? U (v 30pm ami lor lunch on Saturday RUMPOLES.irf 11 JLVHM I I radcrs C ale is located ai the lohh\ Icncl. Open daily Irom (v3oam. Specialising; in hreaklast. lunch
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  • A LEAGUE OF THEIR OWN
    • 2005 14  -  Melissa Kwee, daughter of Pontiac Land owner, is no 'mean rich girl'. She shares with jaime be her leadership programme for young girls JAIME EE THERE is something about being rich and/or famous that makes other people judge them by a different yardstick, one
      CHRIS LOH  -  2,005 words
  • Page 14 Advertisements
    • 137 14 .1 1 Hidden gems are the most intriguing. Reverso Joaillerie. reverso. avantgarde since i»3t WATCHMAKER THE jeweller COMBINE THEIR SKILLS IN TRI BUTE TO YOU R MOST PRECIOUS POSSESSIONS: YOUR >I^^^ IDENTITY AND YOUR time. The essential hours and minutes j m. OF YOUR LIFE ARE W FAITHFULLY RECORDED ON
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  • Page 15 Advertisements
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    • 161 15 For the best catch in town with the 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 Balinese setting. For reservations, please call 731 7990. t at NVftl CROWNE PLAZA" •iiuHii 25 Sam
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    • 170 15 Spices of Sichuan jjl From 3-14 December 1997. savour cuisine from this province JjCI specially prepared by two specialty chefs from Lai Lai Sheraton. Taipei. loin us as we bring you the best in Sichuan Cuisine served In the exquisite setting of Pine Court Chinese Restaurant reminiscent of the Imperial
      170 words
  • Page 15 Miscellaneous
    • 758 15 TV&BAPIO fHgn tS MgHHi in Hood Bombs Away. L3O AM Close. I, Mi\ li TBI MO, E.R Tribes. PMTVlnnovations. MJO NewssTonight T9 I 2L30 The Winners. 11 oft Business Dav f I CM Money, Money, Money. ILIB Baywatch Nights The pm?vrt n!Iw«/tv in I 130 Tech 2000. Servant 130 PM
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    • 162 15 CKVPTIC CROSSWORD AniOf¥l 27 Wooden settlement that on rig (3) YESTERDAY'S SOLUTION shows our position (43) 13 Means of cooling enthusiast lclolul*lALMui<M< i rt i..ui. i, i DOWN (3) rw HB'llBfa" 1 Ratty pair, perhaps, before 15 Age of moderation (3) rainstorm (8) 17 This provides an escort for 2
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  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • 350 17 [SINGAPORE] IPC Corps plan to turn telecom group Hagenuk into a subsidiary and list it in Europe has fallen through over financing arrangements for the German company. IPC, which in September announced that it was doubling its Hagenuk stake to 75 per cent, said yesterday
      350 words
    • 692 17  -  Vietnamese partner complains to &vt about losses incurred by Coke business By Lee Han Shin [SINGAPORE] Soft drink giant Fraser Neave's CocaCola venture in Vietnam has been hit by some bad press. F&N's local partner in Ho Chi Minh City, the state company
      692 words
    • 737 17  -  HOCK LOCK SIEW Conrad Raj ASIA Food Property's purchase of Mauritiar businessman Roland Mau rel's assets through who! ly-owned subsidiary AFI Land (the former Amcol Holdings; must seem to many as another twist in the long and continuing Amcol saga. On Tuesday AFP,
      737 words
    • 349 17  -  Watchdog concerned about impact of issue of more scrip From, Eddie Toh in Kuala Lumpur MALAYSIA'S Securities Commission has asked merchant banks to be more selective in the submission of proposals for initial public offerings during the current market turmoil. "This
      349 words
    • 225 17 [SINGAPORE] Singapore Technologies Engineering (STE) will be included in the benchmark Straits Times Industrials Index (STII) from Monday, the counter's first trading day on the Stock Exchange of Singapore. The newly-listed defence and engineering conglomerate will also be included in the wider Business
      225 words
    • 209 17 [SINGAPORE] Sembawang Engineering and Construction Pte Ltd (SembEC), together with a Swedish company, has landed a US$33 mUlion (5153.1 million) contract to build a hydrogen peroxide plant in Northern Sumatra. SembEC, the engineering and construction arm of Sembawang Corp, is tying up with
      209 words
    • COMPANIES
      • 120 18 [SINGAPORE] Shiprepairer Hitachi Zosen yesterday reported a 4.4 per cent fall in interim profit to $5.02 million. Turnover fell 1.5 per cent to $106.77 million. In its unaudited results for the six months ended Sept 30, the company said the falls were due
        120 words
      • 263 18  -  Philippine giants differ on valuations of food nnits From. Al Labita in Manila RIVALS San Miguel Corp (SMC) and Ayala Corp yesterday called off talks to merge their food businesses due to differences in valuations. In a brief joint statement, the two corporate
        263 words
      • 463 18 It will pay HKs4.Bb for mobile phone business Bloomberg [HONGKONG] Hongkong Telecommunications Ltd agreed to buy the mobiletelephone business of First Pacific Co for HK*4.B4 billion (Sfl billion), a move analysts say may help Telecom fend off budding rivals. The purchase of
        Bloomberg  -  463 words
      • 211 18 (SINGAPORE] The interim net profit of mainboard-listed fruit and vegetable distributor FHTK Holdings soared 51 per cent to $1.6 million. And this would have been higher if not for a three-fold jump in depreciation and amortisation to $3.5 million. Turnover for the
        211 words
      • 225 18 [SINGAPORE] A group of Vikay Industrial employees from around the world have pledged moral support for the management of the troubled Sesdaq-listed firm. The petition sent to BT yesterday was signed by more than 600 Vikay staff from its offices in Singapore, Malaysia,
        225 words
      • 422 19 Primary market set t# beceme battlefield a* underwriters fight new issues AFP Reuters [SHANGHAI] China's main bourse, the Shanghai Stock Exchange, has announced that it will move to Pudong New Area development zone next Monday, a Chinese newspaper reported yesterday. The relocation of
        AFP; Reuters  -  422 words
      • 168 19 AFP [SUBIC BAY] Acer Group's chairman and chief executive Stanley Shih has tokl Philippine officials that the Taiwan firm may produce its low-cost "XC" computers at its plant here, officials said yesterday. Mr Shih visited the free port north of Manila to inaugurate
        AFP  -  168 words
      • 62 19 [HANOI] Patrick Aronson, South-east Asia area manager for Motorola, is the centre afattention as he explains to curious onlookers how to log onto the Internet using a mobile phone at a Telecom Exhibition in Hanoi on Tuesday. Vietnam's first Internet services became available on Monday,
        REUTERS  -  62 words
      • 348 19 AFP Reuters [TOKYO] Japanese microchip makers will shift the focus of their memory chip production to 64-megabit dynamic random access memory (Dram) microchips from 16-megabit Dram chips by early 1996, a report said yesterday. The move by Toshiba Corp,
        AFP; Reuters  -  348 words
      • 499 19 Group may also go into 2 low-cost public boosing projects AFX-Asia [HONGKONG] Henderson Group is discussing with a third party to acquire an interest in a telecommunications business in China, director Lee Ka-kit said. Speaking after Henderson China Holdings Ltd's AGM, Mr
        AFX-Asia  -  499 words
    • INTERNATIONAL COMPANIES
      • 406 20 C&ntkm favours quality, liquidity, prospects of steadier growth in slow times Reuters [NEW YORK] US investors will pour most of their money into big-cap stocks through year-end, showing caution following October's sellofif and wary of potentially lower earnings ahead, analysts said. The attraction
        Reuters  -  406 words
      • 265 20 Its Interstate Hotels takeover is its 3rd largest this year FT [NEW YORK] Patriot American, one of a new breed of acquisitive hotel companies in the US, on Tuesday pulled off its third big takeover this year with the US$l.3 billion (Ss2.l billion) purchase
        FT  -  265 words
      • 198 20 LATWP [NEW YORK) For the first time, an American tobacco company has begun listing long-secret ingredients contained in its cigarettes directly on the label. On Tuesday, Liggett Group introduced cartons that the company plans to begin using that list the ingredients in its LAM cigarettes,
        LATWP  -  198 words
    • FINANCE & COMMODITIES
      • 503 21  -  British banks'total exposure to East Asia at end-June was a hefty USslo9b From, Neil Behrmann in London BRITISH banks are likely to raise provisions against bad debts in Asia substantially, contend banking analysts. One analyst told BT the provisions could total
        503 words
      • 283 21 Bloomberg [NEW YORK] Finex, the financial division of the New York Cotton Exchange, will resume trading futures contracts for the Indonesian rupiah, Malaysian ringgit and the Thai baht tomorrow. The exchange originally began trading the currency futures in July, but later stopped after
        Bloomberg  -  283 words
      • 264 22 Ernst Young faces US$ 4b lawsuit Bloomberg [BALTIMORE] Ernst Young L|,P is facing a US$4 billion (556.4 billion) fraud lawsuit by the bankruptcy trustee of defunct retailer Merry-Go-Round Enterprises Inc, which claimed the accounting firm httrt creditors by letting the company take too long to liquidate. I The damages are
        Bloomberg  -  264 words
      • 446 22 Facing uncertainty, traders gear np for an nnseasonally active year-end Reuters [NEW YORK] Now that December is upon us, the US bond market can no longer just sit back, relax and count its winnings from a rather successful year. That was the way
        Reuters  -  446 words
      • 292 22 Investors gamble on chances of big qnake hitting Tokyo soon FT [TOKYO] Japan's financial institutions may have been caught off guard by recent failures, but they're trying to be better prepared for natural disasters. Tokio Marine and Fire Insurance, Japan's largest non-life insurer,
        FT  -  292 words
      • 231 22 StXEXßeport Reuters (SINGAPORE] Simex Euroyen futures eased yesterday as the credit situation in Japan remained tight after the Bank of Japan's (BOJ) fund operations. The central bank pumped in 900 billion yen (5i11.2 billion) but took back some of the surplus later. The drop
        Reuters  -  231 words
      • 162 22  -  MSCX TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Rtfco Singapore Pte Ltd [SINGAPORE) The Simex MSCI Taiwan Stock Index futures contract moved sharply higher yesterday with several large institutional buy orders through J P Morgan Futures and ING Futures Options pushing the
        162 words
      • 236 22 ENERGY REPORT Reuters [LONDON] World oil prices fell again yesterday after weekly US oU storage figures showed tanks in the consuming powerhouse Ailed to well above year-ago levels. North Sea Brent blend crude oil was down 29 cents at U5517.90 a barrel at
        Reuters  -  236 words
      • 269 22 Reuters T jitiLm THE US dollar was stable as a whole despite German statements making higher German rates seem remote. At 1240 GMT, the dollar was going for 1.7722 marks against 1.7750 on Tuesday evening and for 128.61 yen against Tuesday's 128.66. The dollar did not benefit against
        Reuters  -  269 words
      • Article, Illustration
        1229 22 IMTBBBAMXCftOM BATHS Decs 1 I r p m >^m*.rxm V j t qp II. '.*>- M c$ fr* ECf l» im 9m m «2$Nfcfr Hm M tmi it| WM W«% 0.955 4178 0 603 4.003 1194 5212 24.421 ***** 0847 8.042 2.495 11* 29 712 23.775 1.094 3290 0.964 *****
        1,229 words
    • 1191 23 SIOOM F0TUKB8 Dec 3 MMBMmclHtaMMt&lfta) Hs iC0WTUCT5twtvm; r ,ttm mm 99m i K»tfc mt fc ff (to—rt mK JwM «75 08.15 B3.B 315 745 Frt« ***** 200 era Mr 90 8100 BIO SStff s ;> jgffi Jn(fS#p II *37.06 3075 Oct/tKfl MOJO MOJO >40.25 300 3300 -< :ivrss
      1,191 words
    • 1703 23 MMi 111 Hm» 31Grpup 910 *5 A8Port» 284 *1 AMoy Notion* 972 1400 AMod Domocq 538 -5 Amoc 130 -1 Aid* Group 167.400 3 ■ATM 943.400 -J K«t 281 4 ••CC- —172 ♦14.400 BOC Group 990.100 .100 M Potrotoum 818 2 BT* 208.400 *U00 Bonk of Scotlond
      1,703 words
    • 1481 23 AFP QKikkaMS -384.78 SHARE prices closed 1.9 per cent lower yesterday, pressured by revived weakness in selected bank leaders amid persistent concerns over Japan's financial system. Bargain-hunting limited the decline but financial and high-tech issues remained under selling pressure, brokers said. "Renewed selling by foreign investors emerged on profit-taking
      AFP  -  1,481 words
    • Article, Illustration
      1463 24 AFP QHaagSeog -&77 SHARE prices closed marginally lower yesterday, with the key Hang Seng Index shedding I 8.77 points to close at 11,207.58. Blue chips were supported t through the afternoon as details of South Korea's reported IMF bailout agreement emerged, dealers said. The Hang Seng Index trad- ed
      AFP  -  1,463 words
    • Article, Illustration
      566 24 Reuters rlShanhaiß Index ♦221 THE Shenzhen B share market ended higher yesterday as the market staged a rebound after successive losses over the past few sessions. An advance in market heavyweight Bengang Steel added strength to the rally. The B Index gained 2.26 points to 97.19 on turnover of
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  566 words
    • 352 24 AFP OWPMa +222J6 SHARE prices rose yesterday as bargain hunters snapped up stocks. Buyers remained active as concerns over the Democratic Progressive Party's (DPP) victory in the weekend elections eased. Investor confidence was bolstered by the DPP's repeated assurance that its growing influence in political and economic circles will
      AFP  -  352 words
    • 228 24 Bloomberg QWeOmgton +53J> SHARE prices rose yesterday as forestry and pulp/paper stocks gained amid a reassessment of the Asian turmoil's effects on their earnings. The benchmark NZSE Top 40-share Index rose 53.19 points, or 2.3 per cent, to 2,391.94. Trading was valued at NZ$65 million. Bloomberg *b am n.60
      Bloomberg  -  228 words
    • Article, Illustration
      798 24 AFP Q SET Index -0.7< STOCKS ended off their lows yesterday despite investor fears over a dramatic slide in the baht. Dealers said buying in blue chips late in the afternoon was led by foreign investors and cushioned a further decline in the market. The SET Index fell 0.76
      AFP  -  798 words
    • 348 24 AFP rlCMnpogtelalg +144 SHARE prices rebounded to close higher yesterday as details of an IMF bailout agreement filtered into the market. Dealers said the market bounced back sharply towards the close, with strong buying interest in core blue chips after news of the measures which include the expansion of
      AFP  -  348 words
    • 571 24 AFP FlAllOrtkariM +37J SHARES rose yesterday after resisting the negative influences of Asian markets amid strong interest in blue chip resource stocks. The All Ordinaries Index finished 37.6 points stronger at 2,562.4. Turnover was 389.6 million worth Asl.l billion. BHP rose 47 cents to A 514.61, Rio Tinto rose
      AFP  -  571 words
    • Article, Illustration
      623 24 AFP Q Composite Index 4JO SHARES ended down 1.2 per cent yesterday, but were off their lows on speculation of support for government stocks such as state telephone monopoly Telkom and mining company Aneka Tambang. "There was some support, especially from state-owned Danareksa Sekuritas for Telkom and Aneka Tambang,"
      AFP  -  623 words
    • 274 24 AFP Q Manila +2<U4 SHARES closed up 1.l per cent yesterday due to bargainhunting in blue chips. The Composite Index rose 20.24 points to 1,799.49. Turnover was 937.9 million shares worth 832.7 million pesos. Manila Electric A shares rose two pesos to 76 while its B shares rose three
      AFP  -  274 words
    • KUALA LUMPUR STOCK MARKET
      • 354 25 AFX-Asia QOMipaitohiiE *1111 SHARE prices closed higher yesterday, boosted by some buying by local and foreign investors. Dealers said Maybank's raising of its base lending rates and the announcement of a lower than expected non-performing loans figure for October led to the buying interest.
        AFX-Asia  -  354 words
      • 7245 25 MIMAS v»,. ttST LMt Oay Nat Cap WH> U» C'lw; «H -000 HN* Laar P/I tadl 7M 220 >0aflll 230 2 I 230 230 12.7 93 2 448 130 >m»H MS 4U 144 141 3.4 2194 905 24S ApaaeFoodM* 266 unch 43 270 245 7.7 104.4 IS. 2 iS 60
        7,245 words
    • WARRANTS & OPTIONS
      • 189 26  -  WARRANT WATCH By R Sivanithy SINCE the Singapore listing a few months ago of Asia Pood and Properties (Into which the former Amcol Holdings was injected), APP shares have basically done nothing except head south. Yesterday, they slumped to 25
        189 words
      • 3059 26 199T L«t VI D«Y Last OmH *«1 MV> La* Mm Sato *ar- COOOl HH* Law tor* Mtor Ms* M IF a mm ■a-iwiywt. a« M W3 MJ U 81 B 3160 ~AcarW0l073IUS$ IS *1 257 18.5 17 M.5 131 23 3164 AcmaW*****4 24.5 -OS t 24.5 243 24.5 2* 25
        3,059 words
    • 1905 26 ®r Cr W M *6 Oay Lmt Owt* Nr M W W M Cap L— at— Him *g> rooo> he» u» —y m» cw y/t >— MS9QOO AB6S0T 703ttt *C3 248 73 66 703 71 S3 3J U 283 723 137 Z75niSm AMOSSOc 29 undi 333 293 2*3
      1,905 words
    • STOCK EXCHANGE Of SINGAPORE
      • 667 27 TWNK3VCI COOO) tlUKfNO)* m as St j as S Mi 3 3 mrniiiii *»fn« w*mymlm. mtm ojgT' twm ir mnijii f 4 11©** WwiimiB ooo 4*1 f f f SI i s s 4 j J 4 s HUM 0 0 0 U M StOtkB. at—a&iE- 1*2 c—» VT(M/Ot -J7»
        667 words
      • 4553 27 Of Or M m 1997 Last Va4 Bay UM QwOa Otv Otv YM Met Caa A** w» l— Mm cwfn MM mw w» u» myar »aMr o pn $3 w« mmtm mm11 1ST 33 a 1020 ACt DynaatcaOOc 30 *1 71 3M 3U M SM6 A St NT$10
        4,553 words
      • 874 27 «r Or M 971 r II i i* <■—» I—I t— mUm BS £Xw5 '••'.<•• MM* 1000 UHMpk M -9 1 tM IM a* 144 10 *.0 0.1 1*7.1 M.4 JM 199 2*S 2*1 2*4 M7 1XOM *4 *9 22.1 Nti 299 «9 91 2091 MiWp M 1 I
        874 words
      • Article, Illustration
        66 28  -  by Ven Sreenivasan CT7Y DEVELOPMENTS is on a rebound after hitting a 53-week k*c af $6 last month. The counter is above its 90day moving average of 7.436 and the technicals suggest the counter has further upside in the medium term. With the monthly RSI still in oversold
        66 words
      • 191 28 Sta«TtfSc 10,92s, 000 ma FoodSProp 9,640,000 Hating Inv NT5 7,440,000 UM*m 7,404,000 DtS Land 5419,000 lid 50c 4,629,000 n*wv*stBM 4,018,000 JTHMfilOc 3,251,000 **H8Ca#WN9 3.129,000 UOR Foreign 3,119,000 > JNWOc 34,406,180 DOS Far** *****,155 0C8C Foreign 24,539,418 MSFereign 19,639,250 Cr**l»t723c 18,964.350 SU Foreign 14,909,565 m Land 14,465,444 CKy Dev 50c 10,919,374
        191 words
      • 687 28  -  STOCK MAUBT COMMENTARY KL shares and property counters continue to rise but electronics stocks come underselling pressure By R Sivanithy [SINGAPORE] A thoroughly mixed session yesterday finished with interest in Singapore Telecom and other major local blue chips petering out, the Malaysian
        687 words
      • ON THE GRAPEVINE
        • 125 28 FOR those who are in despair because of the region's financial troubles, here are words of comfort from the Indonesian ambassador to Singapore. His Excellency HBL Mantirl yesterday told a lunch gathering of businessmen at Pertamina's 40th anniversary function not to be afraid of the challenges and gave
          125 words
        • 96 28 WITH last week's high-profile relaunch of Sing Tel Mobile's GSM 1800 network previously known as PCN—consumers can now expect another round of entertainment in the form of another advertising war-of-words with its arch rival. Ml yesterday fired the first salvo. It placed a prominent ad in The Strata
          96 words
        • 104 28 WHTLE we're on the subject, are handphones hazardous to your health? A recent report says that US researchers have found that handphone radiation impaired the ability of rats to learn simple tasks and may be dangerous to humans. It also highlighted British research that suggests that handphone radiation
          104 words
        • 102 28 DID Vikay Industrial Ltd realise, when it filed for the company to be placed under judicial management, that a conflict of interest may possibly arise between its current auditor and its potential judicial managers? The flnancialS ttoSbled company announced on Tuesday that in the Interest of all its
          102 words
        • 95 28 UK's Barclay's Bank has been running an sd featuring a bold headline that reads: 'Blessed is the bank that promisee more." For effect, a few words and letters are blacked out so as to leave the headline reading; "Less is more", which rather conveniently fits in with
          95 words
  • Page 17 Advertisements

  • Page 18 Advertisements
    • 187 18 Hfl t «r Hardly anyone travels without carrying some extra luggage usually in the form of worries. Well, Citibank will change that for you forever, because we're offering a package tailored with the traveler in mind. As you might expect, it's called the Traveler Package. With it, you can go
      187 words
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  • Page 19 Advertisements
    • 27 19 NEW YORK BEVERLY SHANGHAI SEOUL TAIPEI HONG KONG MANILA BANGKOK LUMPUR JAKARTA Ermei^^HKegna Singapore Ngee Ann 735 8147 Isetan Scotts 334 0752 Level 1 339 5871 SwMiyufciiiytenrrn
      27 words

  • Page 20 Advertisements
    • 2159 20 a LION TECK CHIANG LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of the Company will be held at The Westin Stamford Westin Plaza, Moor Room, Level 4, 2 Stamford Road, Singapore *****2 on
      2,159 words
    • 459 20 JR ELECTRONIC RESOURCES LIMITED (incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders ("Shareholders") of Electronic Resources Limited (the "Company") will be held at Odroom, The Weetin Stamford, 2 Stamford Road. Singapore *****2, on 19 December
      459 words

  • Page 21 Advertisements
    • 46 21 HOLD YOUR NEXT PRIVATE FUNCTION ATOP THE WORLD'S TALLEST HOTEL: V. IT'S SURE TO IMPROVE YOUR BUSINESS OUTLOOK. t ■s"'Sksi m > 1* H with the emphasis on V&T privacy. One of the finest n "Hi v restaurants and Kitchens in event at Compass Rose For reservations,
      46 words
    • 109 21 OH mm Hn |H fi H H H HB BBS fIH fIHHMHHHI HRHi HH IB H H■■ HR B WMMIMHr Thunking converting your 32-bit apps into 64 bits lri2ffjQ|l|l|7 hurts. That's why IBM's 64-bit RS/6000 with AIX completely 64-bit: hardware, operating system, middleware, and application enablement too, letting you run
      109 words

  • Page 22 Advertisements
    • 128 22 JOHOR BAHRUapM FACTORY FOR SALE N\—£ 1 OFF JALAN TEBRAU AREA 61,000FT 2 BUILT-IN AREA 100,000FT 2 I iJJ—J l LiT**| i L I |l I f f i -L I TARGET COMPLETION DATE: Registration No.: S9 KM/16/04/04 (Pel.in bil IA-1 J) DECEMBER 1997 CALL 745 4111 ex* 27 MgSJIM
      128 words






  • Page 28 Advertisements
    • 612 28 t .tdxmist■ C.ill 1011-lrtf I SIM >-741 INS* IN THE MATTES OP THE COMPANIES ACT (CHAPTER 91) AND IN THE MATTES OP NISSIN PSINTCBAFT PETVATE LIMITED f--- f Tiigapm i) (toVili mm j 1 Igaddartia) Al an Extraordinary General Meeting of the members of Nissin Pnrncraft Private Limited duly convened
      612 words
    • 176 28 GENERAL AUDIO PTE LTD (la Voluntary Liquidation) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 30* of the Companies Act (Cap. SO) dial the Pinal Meeting of the Members of the abovenamed Company will be held on 3th January 1998 at 3001 Beach Road *07-10. Golden Mile
      176 words
    • 249 28 IN THE MATTER OP THE COMPANIES ACT, CAP. S8 AND IN THE MATTER OP HONSHARE PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordiaary General Mealing of the abovenaiacd Company held on the 26di day of November 1997 the following mecial resolution was duly passed "That HONSHARE PTE LTD. be wound
      249 words
    • 224 28 ADVERTISEMENT FOR CREDITORS IN THE MATTER OP THE COMPANIES ACT, CAP 98 AND IN THE MATTER OP SHELL SEEAYA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the CREDITORS of de above-mentioned company, which is being wound ap voluntarily, are reqmred oa or before the l*h day
      224 words
    • 140 28 Buy It. Sell It. Find It. C/ldSSlfl6d< CATS. Call Today For Results Tomorrow. 1800-737-1166 It could be any number of j f*| fT annive 'SO certification, pages but the cost of a special 1 lUllllllg ground-breaking ceremonies feature in our newspapers and topping-up ceremonies, will remain the same for you:
      140 words

  • SHIPPING TIMES
    • 289 29 Bridge News Reuters A RUMOUR circulated that a first-half January, Panamax grain cargo was fixed on the key run from the US Gulf to Japan in the high US$l9.OO range, but otherwise new business was slow to emerge. Futures lost some ground but not as much as they
      Bridge News; Reuters  -  289 words
    • 156 29 CWT DWrttutwjr 0.80 -0.10 4 Chan Hup 0.62 -O.OOS 66 CMHlMHtMrt -0.76 uncfl 2 MMtfUMN 0J2 uneft 9* G8MoMnft 0-313 *0.015 5 MiMM Oif) *0.006 199 fS3Tfi«* osos *0i02a si —hks.6o jimHoMm mil 20 --7.aS g imwkllZlu! Sol n UbrgyMrtnt 1.60 4 -0.01 20 unch M MOL—- 0.94
      156 words
    • 448 29  -  70% of ships expected to comply with codebyJolyl next year: IMO By\ Felix Chan [SINGAPORE] The Baltic and International Maritime Council (Bimco) said at least 95 per cent of tonnage controlled by its members will be able to trade after June
      448 words
    • 56 29 [CHERBOURG, France] Cypriot cargo ship MSC Rosa M aground in the cove of Becquet, on Tuesday near Cherbourg, as salvage vessels wait for the weather to calm before attempting to pump out the ship and refloat her. The wind wasgusting to about 96 km
      AFP  -  56 words
    • 119 29 Reuters [WELLINGTON] The New Zealand government is to hold a shipping conference in May on the state and future of shipping services in the country, Transport Minister Jenny Shipley said yesterday. But the president of the New Zealand Shipping Feder- *•> ation, Rod
      Reuters  -  119 words
    • 298 29 Cooperation needed to solve problems, conference told Reuters [ATHENS] Greek merchant marine minister Stavros Soumakis said that world ship* ping could not rely on "old recipes" to meet the challenges of the next century. Opening an international shipping conference in Athens
      Reuters  -  298 words
    • 224 29 Reuters [ATHENS] The inability of multi-national crews of merchant ships to communicate has led to accidents at sea, claims Alastair Couper, director of the International Research Centre for Seafarers Safety Occupational Health at the University of Wales. Speaking on Tuesday at an international shipping
      Reuters  -  224 words
    • 461 29 Owner Lauritzen disappointed it did not get any part of a ITsiangovt order Reuters AFP [COPENHAGEN] Danish shipping group J Lauritzen Holding has scrapped a deal to sell a stake in its shipyard to Malaysia's Penang Shipbuilding and Construction (PSC) as
      Reuters; AFP  -  461 words
    • 185 29 Reuters [MANILA] Hutchison Ports Philippines unit of Hongkong's Hutchfcon Wham poa, has challenged In the Philippine Supreme Court rebidding for the privatisation of Subic Port, HTMfr f\tf" ments released showgl The petition filed last Friday asked the court to issue a temporary restraining order to
      Reuters  -  185 words
    • 786 29  -  By] Felix Chan POR a person with 17 years In the logistics business, Cyril Rodrigo still speaks of the Industry with the same enthusiasm and wide-eyed wonderment as a fresh graduate three months into his dream Job. In an interview with Shipping
      786 words
    • 951 30 bOBPOSATE AVIATION ZM BRIT AIM Swiss-based TAG Group aims to make Farnborough, home to Britain's biennial airshow, a business aviation facility Bloomberg OIL giant Royal Dutch Shell keeps three private jets parked at London's Heathrow Airport, ready to spirit its executives off to any corner
      Bloomberg  -  951 words
    • 250 30 PACE ECt S ML ECS 8 AMI 3 Accord 8 Eurofcans 6 s Astro 3 F ,ou, 7 Austral 9 Fl-trtgM 6 Avant 6 F «ngS« 8 BSA 7 CUnk 4 7 Genurtrans M Baysmtcr 7 9 B'tanq Mas 8 Gotdon 4 CCW
      250 words
    • 25443 38 EXPORT ETA ETA Advertiser VMM* Voyage Telephone ETA ETA Advertiser Vessel Voy age T ttepnone SIM Desfn Name jjg> Number Number 81 PmTb Name Nam* Number Nu—ir mtmmmmmmmMmmmmmammammmKmrnaammHmmmmmmmm mmmmmammmmmammmmmmmmmmmmmmmmmtmammmrnimtvmm 13/12 03/01 CM A V1LLE DC SAOITTA 204W 45 *****22 A B/B 01/01 Hyundai MM MY BARON 3BW 45
      25,443 words
    • SHIPS IN PORT
      • 695 43 Vm* Vofjto Bfth Arrival 0*p*rtitr* UN Jaya *200 Jy 4 "j02 iKwqM* 03.12/2300 A*M UC36 J22 atonqud* 0412/2359 to DM *****7 JOI ataapMt 04.12/0900 Mamoty 372/97 JT7 KongsJdt 04.12/2359 HM hM *****P JM ttonqsidt 04.12/1500 Ml I 01/97 JH <tof*sidt 03.12/1800 SaaMd.fi ton SI7007 J02 KonquM 04.12/2300 Mta*
        695 words
      • 1282 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Boofclnt/BaUnct Rstlt Ship Voy Mo Etb/ltr Nrtod Frow To Frew tal* OTM OVUM 02/BW OVMM 92/TNO a 02/tt00 OVO*M :iwoo 02/TTOO 31/04M 31/0*00 01/0700 01/HM OVUOO 4 OVBW OVMM OVTTW M-W2 MOW 0V20W M 02/BW 02/MM OVBOO 02/750C l« 02ATW
        1,282 words
      • 194 43 Dm 5 Ghana Thailand: H.M. The King's Birthday. Dm I Finland, Spain Dm 7 Cuba, Italy (Milan) Dm 8 Argentina, Austria. Brazil (some cities), Chile, Colombia, Italy, Panama, Paraguay, Peru, Portugal, Spain, Switzerland (some areas) Dm 10 Thailand: Constitution Day Dm 12 Kenya, Mexico, Russia Dm IS Sri
        194 words
      • 829 43 THIS report, complied by Cockett Marine Oil Ltd. ahowa price range* la US dollar* Inataad of tingle pricea fbr a more comprehenehre description of the market Prioee ehown are baaed on e verage-eiaed atem. Market movement* are indicated. The Cockett Bunker Price Index change and the
        829 words
      • 381 43 *0 MB mm U ITJ 0.10 104 mV Pwrtty Motor torttoo AM Um+*m Ti—it to Mom £25 2 1 2 0 0 0 «MM 3* Am MM OJ 12J 0.07 34 0.02 MAM-i J"" 0,ta MTJ 0.0 *.7 0.M OM W1 ,n —M No Mom 635
        381 words
    • AIR & LAND TRANSPORT NEWS
      • 227 44 Bloomberg News [BEIJING] Daimler-Benz AG, Germany's largest industrial company, expects sales in China to double to about US$l billion (S|l.6 billion) next year even though economic growth in the region is set to slow for the sixth consecutive year
        Bloomberg News  -  227 words
      • 197 44 Bloomberg {WELLINGTON] The New Zealand government and the Wellington City Council have Caken the first step towards the sale of Wellington International Airport Ltd. The two governments have called for proposals on the "fuhire ownership" of the North Island airport v The national
        Bloomberg  -  197 words
      • 298 44 Suit 'suffers both a procedural and substantive defect', carrier quotes judge Reuters [LONDON] British Airways pic said on Tuesday a US court in Florida had thrown out a legal suit brought against the airline by Laker Airways Inc and its owner
        Reuters; FILE PHOTO  -  298 words
      • 384 44 Star Alliance, pact between Delta, Sabena, Swissair and BA-American tie-np being studied Reuters [BRUSSELS] The European Commission is expected to take a draft position on the alliance between British Airways and American Airlines, and on two other global air pacts,
        Reuters  -  384 words
      • 361 44 Reuters [WELLINGTON] Air New Zealand plans to start flights between China and New Zealand in 1996 to cash in on China's approval of New Zealand as an official tourist destination. "We're well advanced with plans to initiate services between China and
        Reuters  -  361 words
      • 303 44 AFP [WASHINGTON] South Korea's Daewoo has announced plans to enter the US car market, but will face not only tough competition but an atmosphere of increased tension between Washington and Seoul over car trade. Daewoo Motors America, part of the huge
        AFP  -  303 words
      • 136 44 AFP [MANILA] Two drunks stole a passenger train here and drove it in reverse, flattening a sedan and four houses before they were stopped, police said yesterday. The two suspects climbed aboard late Tuesday after the Philippine National Railways coach swiped a
        AFP  -  136 words
      • 1279 44 on rutin tu nam in tMtk orr i93o ore 2090 ft sow mo czau ons saza mo cna m» sow* wa AasttrtM KU43 0550 KJM 2)35 DM ¥*740 MM 0L25 0700 DU» 2355 WW IB S02S 0700 S026 2355 MM TWO? 540 TWO! IMS Mff 841
        1,279 words
      • 91 44 [SINGAPORE] Emirates airline's Singapore passenger sales team has clinched the airline's Most Outstanding Sales Achievement Award for 1996/97 for the West Asia and Pacific Region. Emirates said that the Singapore team's exceptional performance was achieved despite unfavourable market conditions. Emirates Area Manager (Singapore and Brunei)
        91 words
      • 226 44 Reuters [LONDON] Privatisation of the holding company for Berlin's new international airport should take place by the end of 1998, Schoenefeld airport operations director Andreas Deckert said. The new Berlin-Branden-burg International airport (BBF) due to be completed by 2007 will
        Reuters  -  226 words
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    • 517 30 Unas aarvicM ragrssemecl |§|i| by Members of tfw Registry of \JjfjSoly Aocredtod Shippng Agent*, xaiy SngiponSNpplngAiiKiMQn Member* of tie S^ore^^tßxwarders Just talk to as... •Iris Urn 740-2044 Jsrrod Leong 740-2069 EXPORT 3 Japan •2 x Hongkong -1 Kooihiung, K-lung (Atfpling FQ t» M<K/NAHA/gND*I/CBU/tCH %wm fM—_tt!2—fH? W? JBJI £12 !i!2 ItU
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    • 2087 31 HANJIN SHIPPING us CANADA* pwva/wI m| im sb umnab/vot su pox In I on nt In I oos mm |on ntc rv m wg ra m hmhbnomi M/ 12 07/12 M/ 12 M/ 12 a/11 n/n 11/11 n/u ii/n 01/01 oi/oi ~W a/iT li/ii" "wiT W oi*T hcmomowsi u/12 u/u
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    • 108 31 APT 1 ORIENT EXPRESS UNES (U.K.) LIMITED UEL (MANAGER FOR SHREYAS SHIPPING LIMITED) —> WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEI VOY SINGAPORE BOMBAY VESSEL VOY BOMBAY SINGAPORE ALBERT BRIDGE 006 05/12 14/12 ALBERT BRIDGE 007 26/11 06/12 NORDKAP 420 08/12 17/12 NORDKAP 419 26/11 06/12 3NARTOBA 220 12/12 21/12 SINAR TO6A
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      616 words
    • 1189 32 MY MINC LJNE yml Intarrwt Vfb Srt» http: //www.ymLcom.tw MiliumIJlJfl4ljl.'|ilM!^llW,l l Wl. lJ l Hmi;MJlHTm,l Wl)N'H!H:lfmi lJ:Uil.^:l l Jlgl *ww»Lfaß)o«-T««Mr VESSEL VOY LEH FIT HAM ANR HfA SIN DOVER BRIDGE 96/A742E SLD SLD SLD SLD SLD 09/12 MING MOON 04/A743E SLD SLD SLD SLD SLD 16/12 MALACCA BRIDGE B*A744E SLD
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    • 663 32 LINE I0 r JA TILt 11SI9M MXi MSUI7 MUARA LABUAN vtssa vot ire ra vtssa vor ire in SPOM WUtA sroti UN MtOOtY rm/%1 M/ 12 M/ 12 tmcum VW/97 M/ 12 11/12 JPtOSPB Y2IS/17 11/12 14/12 JPtOSPB VJH/17 11/12 IS/12 Mtoonr v»c/*7 is/12 u/12 tmoorr vnt/17 is/12 11/12 IPWSPH
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    • 1168 33 IvaacL VQY SIN bkk pou pko poi blw suw ba I—c IRAN MCEZAN PJL-126' 11/11 24/11 24/11 MAN TEYFOUM PJL-1280 18/11 MAN MOBIN PJL-1262 02/12 11/12 13/12 |MAN WAHOAT PJL-1203 17/12 ££/12 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAUAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TAOZHIKISTAN
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    • 1429 33 CARGO TO/FROM 1 SHEKOII HUANGPU I WIIKIT PIRICT SAIUNG 1 I /-'acYAB 6 SHENTOW WAY TIL 226 1900 FAX: *****04 OUTWARD (B/L) *****02 JOHOftE OfFKE* I COSTAR SNIPPING PTE LTD #17-06 DISIIDG SAUS/MGS *****41/43 INWARD DEPT ID/01 imctic fA(T4D ICBHriCC /MI (ny B ||n SS A 3?" c aSl" f!sS!i
      1,429 words
    • 523 33 \jrg-\ EASTERN CAR LINER, lTD."rt'sX?« |_*J KKSHWOM) ni ITO .SJS I SPECIALIZE IM RORO i. HEAVY UFT UPTO 122 TOHSj KL(SHIfiA»R£) Hi UD LOADING FOR PORT KLANG/BINTULU/MIRI LAEM CHABANG/KUCHING/ MV "DAISY T" V.16 MUARA/ KOTA KINABALU ETA SN 28/11/97 ETA PKL 30/11/97 MV "<**** BLUE *49A ETA BTI 04/12/97 ETA
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    • 1130 34 lixpprr VRSfI YOTAM w Oi II Wl MkM UN IWT Ml Vissa VOYAGi Ml W W MM |AM uy IuNABSE o«urn 11/11 71/17 21/17 77/17 2VIJ 2*12 24/12 2*17 UMCOHCOO 0401-04 IE 71/11 73/11 74/11 7S/1I 74/11 01/17 IINWD MMM lt/17 21/17 7*17 71/17 3007 31/17 31/17 31/17 MWi 0407*31
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    • 416 34 NANTAI LINE FUIIY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VtSSa I ¥0Y I SW I fill I QUI CFT I »/MT mmua m tam iyn K/I? aumwuM 008 i</» «/i? »/n mm DIMM 003S lf/1? »/ii mi Ml N/» mmrmg om a/i? tvoi iypi mnAiyaus w<s m/ii m\ wi m/di
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    • 1661 35 BSfl n M MYANMA FIVE STAR UNE (Myoaaor NalioMl Um) w for Ynnjon (Ro»goo«) vtssa vot sm PIG ra mi MONO LA OW SID HP* AM 1M MPT ■ALATSIA AiOnS: OOUSTIAD SMPPWG AGOKXS KUL TH 01-03-*****00 PKL TH 01-03-37M101 POt TE 02-04-*****01 POO; TH 02-07-251 Ml 1/4 BANK LINE (A
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    • 601 35 ,jg FAMOUS CONTAINER LINES lIEE 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 37 HOT LINE: *****33 (30 LINES) ADORESS:www.tmgk.cow.sf E-MAi.ADDRESS:odwIo Tlt—ili iiimi| DAILY SAILING TO r L ml v Brr 1 T ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) j.
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    • 911 36 CHABANO 4 AH AITA/»AM 4 A H« vessel voy am TT jkt pjn MATWJ BHUM 3S3NB In Pt 07/12 XETHA BHUM ~2206 ~jjTpt <Wl2~ PANU BHUM 017N 06/12 10/12 XETHA BHUM 22Q88 06/12 06/12 PANU BHUM 017NB 06/12 10/12 ANAN BHUM* 668 06/12 o</12 YANTRA BHUM** 217N 07/12 10/12 11/12
      911 words
    • 582 36 PUL INTERNATIONAL UNE PUL INTERNATIONAL JA*A«A(UTCI) SSIKm Sim J%? I M/iif m I OT/rPI m I i?f» msrgiiwfl w aj Tivii m BB SMLntr 8r M m M iff m I [I llllllillll SUKABAYA 2 SUS/WI a i v° t mi n« nn MHB I os/m hu I 00/nTnow I
      582 words
    • 694 36 1 ACCORD A SHIPPINQ PTE LTD TH.: *****13 (40 lines) FAX t *****30 tOKTUAIK (03) 147 IMI KM CMMICT ACCISS TH. s *****55 (IXPOtT BOOKMO) mm ffflMTf ls/)UI IS/7 *****34 (iXPORT DOC), *****39 (IMPORT) ffHAMC m U***** U«UHTTP://WWW>CCO«O.CO*CSO MUfO fl/^O77D msm "potr ra sm poit ha sin pokt ha sm
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    • 419 37 [TO EUROPE """I [EXPRESS SEMI-CONTAINERISED SERVICE Pl ™rJ!(r I* o*M)H d*m 1 iBS SSfew I A.vnm 41OT|1jQ2 ?1/01 24/11 QIHT ?7/jl TO AUSTRALIA 1 FULL COKWNER BCTVICE JSL wTTpBTaMI m w w B n> mm wjm' <—|»yi2- 17/12 iyi2 am twt P > OIOLUTYD WIMH ta|lVl> Wt|2VU 2M2 »1I 11*1
      419 words
    • 1036 37 m JT ADVANCE CONTAINER LINES (PTE) LTD Af* I 140 Cecil Street #12-00, P»L Bulking. Singapore *****0 Mv Lai TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: 2212M*****7206 »A»wh»« —~i nam (SSMUnaa/WaaktoMT) VISSR VOY SM KK VKSa VOY SN JKT DANUBHUM QI7NB 06/12 Sot 09/12 l»
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    • 657 37 I_VESSELB VOV law I JB) psd leh ham wtm thp zee V«XE CT AOUARMS VON ivt, I*l2 3*i 2 31/12 ~OajST flSo? Vlif DtTMWUI A23W WIS 2*12 30/12 06AM O&OI 08A)1 o*ol OMI VHEPEANTARES L 23» 2*12 31/12 03AM 12AM 13AM TvOI iS6T~ |MLLEDEVWOO S23W 3*12 07AM 12AM WH 19AM
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    • 37 40 To retrieve more schedules, just follow these simple steps... the port Step key in the four number digit code Key in your Exampte: ,-L, fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
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  • Page 42 Advertisements
    • 355 42 SINO EXPRESS SHIPPING J^\ fr 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI \rS* J S (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX X^l^Z SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI GOOD WELL 9722 28/U OVI2 07/12 Jtffii 9756 05/12 09/12 13/12 JIN FU 9758
      355 words
    • 235 42 ajkM MAC-NELS S PORE WPSUK Carrier: MM COUTH LINES, INC f\-/\ J CMMCIMOmOMM B®U: (084) *****8 MAMLA: (632) *****61 PENANQ: (04) *****36 BANGKOK; (882) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKTi (21) *****07 MOW: (81) *****3 PtISAN USA/JAPAN MV 'HYUNDAI EMPEROR" V.308E MV "SEVEN SEAS CHARIOT" V.631E ETA
      235 words
    • 146 42 tS'por» 12/12 NanrfWrrVAtw/Bmn/UK f *ORnjNE 04/12 NaMtortAtw/BmiVUK 08/12 RdrrVAtw/BrrWUK I 25/12 N*VRdrrVAtw/BmnAJK K7W. Malaysia. indoneau CENT AURUS HodaKtaWJadcWAqalWAlgaria 1 GtORGOS I FORTUNe I IXIHAI 1 BEKIR KALKAVAN DubatfA.Dhabi/Bahra«VDarnman/Kuwait I II 'Load* Singapore, E7W. Mateywa. InttauM 1 Loe Angetes/New OrtearV CharlactorV NorfoJk/Carnderi V Loa Angotoa/Naw Ortaan/ChariaatocV 5 NortokACwxton f 1./ W.
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  • Page 43 Miscellaneous
    • 121 43 LEGEND: R Thunderstorm Temperoture c X\ V Shower Weother Wind drection with speed in knot* Rain v._y Cloudy Sky Wov SwfK« winds ore indicated by arrow* wfcidi Hy wiHi the wind 0 n U arct# cotm or light ond variable wind* One half Heche repre*ent* 5 knot* I—*- One hA
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    • 66 44 MV "LUCKY EMBLEM" V 7 ARRIVED 22 NOVEMBER 1997 MV "EXCEED 2" V 2 ARRIVED 27 NOVEMBER 1997 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 5 DECEMBER 1997 9990-1200 HOURS AT PT9. No further survey will
      66 words