The Business Times, 25 May 1993

Microfilm: NL18528
Total Pages: 96
1 96 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes MITA (P) 552/12/92 Tuesday May 25 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon EC farm ministers start price meeting
      71 1 Reuter BRUSSELS European Community farm ministers started what eould prove to be a marathon meeting yesterday to try and fix farm priecs for the coming 12 months with French demands threatening to block agreement. France is seeking concessions, notably increased payments for farmers who
      Reuter  -  71 words
    • Article
      Lock icon Politics hurting US economic revival
      65 1 Reuter WASHINGTON Commerce Secretary Ron Brown said politics was endangering economic revival and said US President Bill Clinton may be ready to compromise "for the greater good". He said that without action now, the federal budget deficit would hit US$653 billion (551.05 trillion) annually by
      Reuter  -  65 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stock market indices Monday Change Sill 1.855.15 -6.71 KLSE Composite 724.48, -4.87 Nikkei 20.476.16 -81.31 Hang Seng 7.276.39 +106 43 SET Index 841.23 -17.14 Jakarta Composite ...328.80 +2.36 CLSA China B 1.151.19 -6.95 Aust All Ord 1.685.5 -10.1 FISE 100 2.825.6 +13.4 Monday Previous Ipm dose Dow Jones
    112 words
  • Article
    United Nations declares election in Cambodia a success
    563 1  -  From Harish Mehta in PREY VENG, Cambodia THE United Nations has declared Cambodia's election a success and has paid tribute to the grit of Cambodians for turning out in force to vote in spite of artillery attacks and threats of further violence
    563 words
  • Article
    Khmer Rouge cast ballots
    104 1 PREY VENG, Cambodia Two hundred unaimed Khmer Rouge soldiers cast their ballots in Poipet, a small town in north-west Cambodia, in a surprise move that indicates the guerilla movement may be losing steam. Eric Fait, an Untac spokesman, said the Khmer Rouge soldiers carried registration cards
    104 words
  • Article
    Two top Singapore bankers defend fund-raising by banks
    284 1  -  By Alvin Tay SINGAPORE The presidents of two Big Four local banks have defended the recent spate of fund-raising exercises by banks, many of which did not go down well with analysts and investors. Ernest Wong, president of United Overseas Bank, said
    284 words
  • Article
    Don't miss your Banking Supplement
    86 1 BUSINESS TIMES celebrates the silver jubilee of the establishment of the Asian Dollar market with a very special supplement: Banking, Finance and Insurance 93. Besides focusing on Singapore's spectacular rise as a regional financial centre and the many challenges ahead, it also offers in-depth country
    86 words
  • Article
    Singapore investments in Malaysia rebound in first quarter
    254 1  -  By Helen Chang SINGAPORE Investments in Malaysia by Singapore companies are on the rise again, with total approved investments in the first quarter of this year up almost 19 per cent compared with the same period a year ago. Recent figures released
    254 words
  • Article
    Singapore investors buy big chunk of China's Wuhan property project
    353 1  -  By Sylvia Wong SINGAPORE Property investors here have snapped up a quarter of the 1,000 office and residential units in the massive Wuhan Plaza project in Wuhan City, China. The project's marketing agent here, ERA Realty Network. said response was
    353 words
  • Article
    S'pore investors give STIC warm reception
    516 1  -  By Genevieve Cua SINGAPORE A total of 190.000 people or one in 12 Singaporeans have applied for the fixed-price shares in Singapore Technologies Industrial Corporation's (STIC) initial public offering which closed yesterday. The large number of applicants who sought the 85-cent shares surprised analysts
    516 words
  • Article, Illustration
    Lock icon Singapore firm Creative Tech bags prized deal with IBM
    408 1  -  By Joseph Rajendran SINGAPORE High-flying Creative Technology yesterday bagged its most coveted prize yet a tie-up that will sec IBM's low-cost multimedia PCs sold with the Singapore company's latest sound card. The deal, seen as the best recognition given to a
    Source: Bloomberg  -  408 words
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      170 1 New Nikon (with Panorama and Quartz date) The World's Finest [^Fj* y Photographic System JSHfZ A Nikon Camera Centre Super Photo #03-26 Orchard Point Tel: *****81 *****16 CONTENTS N**s Companies Spore News 2 S pore*si 9,11 Regional News 3.4.6 Financial 12.14 World News 8 Features Itotots Analysis 27 dob/WSJ. StS
      170 words
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      9 1 Property Construction YKK: zip maker, home maker Pg 25
      9 words
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      Page 1 Advertisements Column 3
      25 1 Hock Lock Siew p£f Hotel Grand Central: Star perfi jpier Sihanouk urges Khmer Rouge to end violence, Pg 3 See Banking Supplement, Pages 2 3
      25 words
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      Page 1 Advertisements Column 4
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      Page 1 Advertisements Column 5
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      38 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Deteriorating terms of trade
        391 2  -  By Schutz Lee SINGAPORE continues to face falling terms of trade in March and April, as export prices fall relative to import prices. Terms of trade is the ratio of export prices to import prices, expressed as an index, and the movements of the index indicate
        Source: Dept of Statistics  -  391 words
    • Article
      Tanglin Halt industrial estate to get $300m facelift
      426 2  -  By Lilian Ang JURONG Town Corporation (JTC) will spend over $300 million to redevelop Tanglin Halt industrial estate as part of a larger plan to give some of Singapore's older estates a facelift. A JTC spokesman told BT recently that the corporation
      426 words
    • Article, Illustration
      Promenade to get $10m spruce-up
      451 2  -  By Jenny Lam THE PROMENADE Shopping Centre in Orchard Road will get a SlO million facelift and several new tenants from next month. Joining the posh boutiques in June will be Dom's Cafe, an upmarket eatery. Swensens Restaurant and a 10.000 sq ft electronics supermarket
      451 words
    • Article
      Singapore architects prefer to go it alone
      342 2  -  By Sylvia Wong SINGAPORE architects are contented to remain operating as one or two-man shows, according to figures from the Board of Architects. Three years after they were allowed to turn their sole proprietorships or partnerships into larger limited companies, only eight of
      342 words
    • Article
      Survey shows S'pore is not as expensive as perceived
      235 2 CONTRARY to popular belief, Singapore is relatively cheap for visitors, according to a quarterly study by credit card company Visa International. The survey showed that Singapore was only "marginally more expensive" than Kuala Lumpur and Bangkok and is much cheaper as
      235 words
    • Article
      PWD work at Adam/Farrer Rd junction begins next month
      206 2 WORK to expand the road links at the junction of Adam and Farrer roads is expected to begin next month, said the Public Works Department (PWD) yesterday. The existing Bukit TimahDunearn Road flyover will be replaced by a pair of three-lane
      206 words
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      Page 2 Advertisements Column 1
      82 2 Epson Makes Business A Pleasure. EPSON 777/s advertisement appears as a matter of record only ~A ipCO Ipco International Limited (Incorporated in the Republic of Singapore) Invitation in respect of 10,000,000 new ordinary shares of 551.70 each comprising 5,500,000 shares at U552.25 for each share by way of public offer
      82 words
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      Page 2 Advertisements Column 2
      333 2 Today, no one need suffer the misery of baldness. LEADING HAIR-LOSS EXPERT BRINGS LATEST FINDINGS TO SINGAPORE Master Trichologist, Kenneth t ie Svenson team the internationally renow- experts. Now, ned London Institute of Tricholo- whelming success of Mr Prices gists, was recently in Singapore to v s anc enormous interest
      333 words
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  • THE REGION
    • Article
      Lock icon Miyazawa says Japan may pull troops out of Cambodia
      381 3 Reuter TOKYO Prime Minister Kiichi Miyazawa, under attack for the death of two Japanese in Cambodia, said yesterday for the first time that he would consider withdrawing his country's peacekeeping force if the situation there worsens. Mr Miyazawa is suffering the
      Reuter  -  381 words
    • Article
      Lock icon Ways to improve safety in Malacca Straits: study
      321 3 Reuter LONDON A set of detailed recommendations to improve marine safety in the Malacca Straits, the world's busiest waterway, was released yesterday to governments through the International Maritime Organisation (1MO), a UN agency. The report noted the number of minor pirate attacks
      Reuter  -  321 words
    • Article
      Lock icon KL offers to help ease Manila's power shortage
      311 3 AFP Reuter MANILA Malaysia has offered to help convert an unused Philippine nuclear plant to a gas-fired facility and build a new power station to ease the electricity shortage. The Malaysian embassy said yesterday that Energy Minister Samy Vellu made the proposals
      AFP; Reuter  -  311 words
    • Article, Illustration
      Lock icon Sihanouk appeals to Khmer Rouge to end violence, save country
      296 3 Cambodian polls AP PIINOM PENH National reconciliation leader Prince Norodom Sihanouk yesterday appealed to Khmer Rouge guerillas to end their violence and help "save Cambodia" through the UN-organised clcctions. Princc Sihanouk spoke at a huge public rally on the second
      AP  -  296 words
    • Article
      Lock icon Chinese defence minister visits Malaysia
      172 3 AFP KUALA LUMPUR Beijing is willing to work closely with Kuala Lumpur to enhance ties between their armed forces. China's Defence Minister Chi Haotian, speaking on arrival at the airport for a six-day official visit yesterday, said he was returning the visit to China last
      AFP  -  172 words
    • Article
      Lock icon Sabah to have industrial master plan soon
      270 3 Bernama KOTA KINABALU The Sabah government is preparing an industrial master plan to speed up industrialisation in the state. Deputy Chief Minister Datuk Yong Teck Lee said yesterday that the master plan would also identify potential manufacturing industries and define the roles to
      Bernama  -  270 words
    • Article, Illustration
      Lock icon Kim maps out reunion plan, offers help to North Korea
      542 4 Pacific Basin Economic Council Reuter Bernama SEOUL President Kim Young Sam on Monday mapped out his plan tor North-South Korean reunification and offered the communist North an economic helping hand if it lifted the veil of secrecy over its nuclear
      Reuter; Bernama  -  542 words
    • Article
      Afta set to turn Asean into an international production centre
      434 4  -  Reports from Florence Chong in SEOUL SOUTH-EAST ASIA will become an international production centre if a free trade area is set up. says a key Asean official yesterday. The deputy secretary-gen-eral of the Association of South-east Asian Nations Secretariat. Chng
      434 words
    • Article
      Powerful nations fighting over peanuts in trade talks: Mahathir
      564 4 SEOUL Malaysian Prime Minister Dr Mahathir Mohamad has accused the powerful nations of quarrelling over "peanuts" in multilateral trade negotiations. Speaking at a meeting of the Pacific Basin Economic Council (PBEC) which opened here yesterday, Dr Mahathir said: "...we are mere
      564 words
    • Article
      Lock icon Taiwan-China indirect trade surges 24.8pc
      266 4 AFP Reuter TAIPEI Indirect trade between Taiwan and China in the first quarter of 1993 jumped 24.87 per cent over the previous year to hit US$l.B7 billion (Ss3 billion), the Board of Foreign Trade (Boft) said yesterday. The figure is expected to surpass US$9.3 billion
      AFP; Reuter  -  266 words
    • ASIA NOTES
      • Article
        Lock icon China planning 3rd train service to HK
        79 6 AFP HONGKONG China is planning a third direct train service from Zhaoqing in booming Guangdong province to Hongkong, a report said yesterday. Preparations for the direct train service between Zhaoqing and Hongkong are now underway. Tang Guangan, the party's secretary of Zhaoqing who
        AFP  -  79 words
      • Article
        Lock icon Industrial accidents in Guangdong rise
        88 6 AFP HONGKONG China's booming southern province of Guangdong is facing a serious rise in industrial and traffic accidents, with nearly 2,000 people killed in the first quarter of this year, a report said yesterday. At least 234 people were killed in separate industrial accidents in
        AFP  -  88 words
      • Article, Illustration
        Lock icon Cover-up ordered for billboard
        33 6 Reuter TEL AVIV An Israeli court on Sunday ordered that pants be placed on this billboard advertisement for sandals. The court ruled that the nudity offended religious Jews. Reuter
        Reuter  -  33 words
      • Article
        Lock icon Johor to re-develop govt quarters land
        78 6 Bernama JOHOR BARU State land with government quarters will be redeveloped into privatised integrated housing areas, Johor Mentri Besar Muhyiddin Yassin said. The Johor government planned to re-develop them to optimise their use, he told reporters, after launching the Bukit Saujana government quarters re-development
        Bernama  -  78 words
      • Article
        Lock icon Kitingan's trial put off to tomorrow
        65 6 Bernama KOTA K.INABALU The High Court here yesterday postponed to tomorrow the corruption trial of Chief Minister Joseph Pairin Kitingan as senior federal counsel Abdul Gani Patail was not well. Mr Gani handed a medical certificate to Justice Denis Ong Jiew Fook after the
        Bernama  -  65 words
    • Article
      Lock icon Japan's unemployment rate expected to rise
      368 6 Reuter TOKYO Japan's labour market is expected to show continued signs of weakening, including a rise in unemployment, when data for April is released on Friday. Japan's unemployment rate is likely to show a rise to 2.4 per cent in April from the 2.3
      Reuter  -  368 words
    • Article, Illustration
      Lock icon Pakistan waits tensely for Sharif verdict
      372 6 AFP ISLAMABAD A nerve-tax-ing suspense has gripped Pakistan ahead of a Supreme Court verdict this week on a petition challenging the dismissal of Nawaz Sharifs government by President Ghulam Ishaq Khan. Eleven judges of the country's highest judicial forum have been hearing the crucial
      AFP  -  372 words
    • Article
      Lock icon India sheds public sector excess workers
      248 6 Reuter NEW DELHI India has quietly begun shedding excess staff from its bloated state sector, a critical element in its economic reform programme. Labour Minister Purno Sangma said during the weekend: "We realise that unless we tackle the problem of excess workers in our
      Reuter  -  248 words
    • Article
      Lock icon Japanese economist bets on China
      483 6 Reuter TOKYO A Japanese novelist and economic guru who pulled up stakes and moved to Hongkong is warning his country not to be so timid as to miss out on the great China boom. "Japan has become a mature society like Europe and America, dull
      Reuter  -  483 words
    • Article, Illustration
      Lock icon Australia's budget deficit likely to be A$18b: Dawkins
      394 6 Reuter SYDNEY Australian Treasurer John Dawkins has said that the expected budget deficit for the year to June 1994 stands at AslB billion (5519.9 billion), but that the government would move to make savings in order to reduce the deficit to one
      Reuter  -  394 words
    • Article
      Lock icon More die due to Aussie wealth gap: report
      224 6 AFP SYDNEY The widening gap between Australia's rich and poor is contributing to an increasing incidence of homicide and suicide here, an academic expert said yesterday Economist Phil Raskall, of New South Wales University's Social Policy Research Centre, said studies of inequality
      AFP  -  224 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      277 3 TI TravelMate™4B6 comes with a 1-year International Warranty and an upgrade to DOS 6 (available end June). Hfc m m A 5 Deluxe Carrier WKmvSKm for i kdtiM I fcf i f JyOfißfeii nii H y 1 i 1 'Wu 1 w N Canon Bi-iOsx Mr V That s right!
      277 words
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      161 4 The Shortest Distance Between Two Points Is Usually Via Seoul. It is our good fortune that Seoul happens to be located almost precisely half-way between the centers of trade in the Eastern and the Western hemispheres. But what is no lucky chance is the carefully planned timetable of routes and
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  • Page 5 Advertisements
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      658 5 pHH catered for every creature comfort. It is fifty years ago to the day when Mercedes-Benz litres, together with a maximum torque of 980 Nm at Inclination for better thigh support ~-7 *.j N vO. built a Vl2 engine for the pedigreed W154 Grand Prix 3800/min. In short, unparalleled power
      658 words
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      165 6 mm j ouo3o see were ur ta, an ,ess ns Jl HSiH very seriously We've been privileged to serve k I fiO/ 7 Ur customers one ,talian Masterpiece after I another. The classic dessert TIRAMISU E WKKKk Italian cheese with coffee sauce is raising ww mi H r -Sj f
      165 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Indon golf course debate shows up rich-poor gap
      922 7  -  From Maggie Ford in JAKARTA THE swirling controversy over golf course development in Indonesia shows no sign of abating. In a country where public discussion is usually muted at best, the debate has wrong-footed government ministers, produced outspoken comment from the President's
      922 words
    • Article
      Lock icon Developer sees golf as key to Chinese democracy
      636 7 NYT TOKYO Construction started in early May on a luxurious 36-hole golf complex near the bustling city of Shanghai, another sign of changing times in China. As China's economy booms, the market for leisure facilities grows. Business-savvy developers are rushing in to
      NYT  -  636 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      44 7 Extremely Functional Factory Buikfing 123^06^^^!^^^ ideal for most manufactury undertakings 8 storey building of GFA 161,220 sqft with on site parking for 49 vehicles and 8 container lots. Tenure 60 yrs leasehold effective from 1 Sept. 1981. Expected TOP July 1993. Sole Marketiing Agent:
      44 words
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      Page 7 Advertisements Column 2
      166 7 V "jjjg %^S5^Pi H^Eh jßf ,JE ML..,. --^a^^B f WORLD PERKS. PROM NORTHWEST. WOULDN'T YOU RATHER HAVE A FREE TRIP THAN ANOTHER VINYL ORGANISER? A simple question. What would you and your family enjoy most? Yet another one of and car rental partners you can also accumulate mileage credit. World
      166 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon No case for US telecom sanctions: EC
        67 8 Reuter BRUSSELS European Community External l rade Commissioner Leon Brittan said yesterday there was no reason for the US to impose sanctions because of lack of access to the EC's telecommunications market. "It does not make much sense to impose sanctions." Sir Leon
        Reuter  -  67 words
      • Article, Illustration
        Lock icon Perot comes out with a new book
        71 8 Reuter KANSAS CITY Texas billionaire and former presidential candidate Ross Perot holding up a copy of his new book, Sot lor Sale At Any Price, as he addressed members of United We Stand America on Sunday. Mr Perot, who made several stops around
        Reuter  -  71 words
      • Article
        Lock icon Waigel sees decisive budget cuts
        63 8 Reuter MUNICH Spending by the German federal and state governments will have to be cut decisively in 1994. German Finance Minister Theo Waigel told a conference yesterday. Mr Waigel said that at this week's German Lower House vote on Bonn's supplementary budget he would make
        Reuter  -  63 words
      • Article
        Lock icon Plan to let children vote stuns S Africa
        71 8 Reuter JOHANNESBURG Nelson Mandela's shock plan to give 14-year-olds the vote has stunned South Africa's political establishment and even surprised senior members of his African National Congress expressed concern. Political analysts suggested the proposal may have been an overture to militant young
        Reuter  -  71 words
    • Article
      Lock icon Central America banks on ruins of Maya civilisation
      335 8 Reuter GUATEMALA CITY Desperate to attract investment and foreign exchange to their region. Central Americans are turning to their ancestors for help. Emerging from a decade that saw much of the region plagued by war and economic stagnation, governments are pinning their
      Reuter  -  335 words
    • Article
      Lock icon EC jobless curve not seen to turn till '95 or '96
      171 8 Reuter COPENHAGEN The European Community has little hope of reversing rising unemployment currently over 17 million people and rising until 1995 or 1996. economic affairs commissioner Henning Christophersen said yesterday. "Even if we will sec a continued fall in
      Reuter  -  171 words
    • Article
      Lock icon UK economy on rebound but experts say problems remain
      631 8 IHT LONDON With its business confidence, its exports, its currency and its economy in general at last on the rebound. Britain's economic star is on the rise. But it won't go far. Economists agree that the longest and deepest recession experienced
      IHT  -  631 words
    • Article, Illustration
      Lock icon Marooned
      53 8 Reuter KABUL Patients and residents at Kabul's Marastun Asylum opening a box of food delivered on Saturday by the International Committee of the Red Cross, whose drivers brave rockets and sniper fire to take food to the abandoned asylum which is in the heart of bitter fighting among rival
      Reuter  -  53 words
    • Article
      Lock icon Privatisation of African airlines questioned
      419 8 Reuter HARARE African governments. under pressure from the World Bank and the International Monetary Fund to cut subsidies to loss-making state enterprises, have started privatising their national airlines. But some are questioning the motives behind the pressure to privatise, seeing it as a move by
      Reuter  -  419 words
    • Article
      Lock icon Rebuilding of US airline sector critical
      282 8 AP WASHINGTON President Bill Clinton said yesterday that his efforts to reduce the nation's deficit and bolster the economy could be undermined unless the sagging airline industry' is rejuvenated. Addressing the First meeting of the National Commission to Ensure a Strong Competitive Airline Industry.
      AP  -  282 words
    • Article
      Lock icon France makes 7th interest rate cut in 6 weeks
      384 8 Reuter PARIS France cut interest rates yesterday for the seventh time in six weeks, taking advantage of a buoyant franc but underlining the authorities' gathering haste to haul the economy out of recession. The Bank of France cut its intervention rate,
      Reuter  -  384 words
    • Article
      Lock icon Iraq warns Kuwait of military action
      288 8 Reuter BAGHDAD Iraq warned Kuwait yesterday that it could still fight, and would if its rights were abused. "Iraq's full adherence to Security Council resolutions cannot be taken to mean that that Iraq should accept violations of its territory." said an article in al-Thawra.
      Reuter  -  288 words
    • Article
      Lock icon Hongkong seizes Iraqi oil-sale assets
      185 8 AFP HONGKONG Hongkong, acting on a British Cabinet order, ordered local banks yesterday to seize Iraqi assets earned from oil sales and to transfer them into a I nited Nations account. The move is intended to toughen local enforcement of UN sanctions imposed on Iraq
      AFP  -  185 words
    • Article
      Lock icon Eritrea formally declares independence from Ethiopia
      362 8 AFP ADDIS ABABA. Ethiopia Eritrea, formerly Ethiopia's northernmost province, began yesterday as the world's newest state, two years after winning a 30-year war of independence. At a midnight ceremony on Sunday in the capital. Asmara. President Isaias Aferwerki. the key leader in the struggle,
      AFP  -  362 words
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      173 8 Analvsis: Major test for Nafta, Pg 27 THE UNIVERSITY OF HULLl^^^— Mjjf T I Wj This is a highly innovative 18-month I t I Innovations Strengths LAj FIRST specialist MBA in Investment and ambitious managers and executives for Finance in the region more effective specialist management J FIRST to provide
      173 words
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  • COMPANIES & MARKETS
    • Article
      SIA Engrg considers stake in US$63m Xiamen tie-up
      461 9  -  By Dexter Lee SINGAPORE SIA Engineering Co is likely to take part in a Hongkong-China joint venture to build and operate a US$63 million (SSIOI million) aircraft maintenance facility in the Chinese coastal city of Xiamen. The joint venture, called Taikoo Aircraft
      461 words
    • Article
      CityDev to raise over $290m for property development
      291 9  -  By Teh Hooi Ling SINGAPORE Property and hotel group City Developments (CityDev) will use its net proceeds of over $290 million through its planned bond and warrant issue to acquire land and develop residential and industrial properties in Singapore. In a circular
      291 words
    • Article, Illustration
      Lock icon KLSE targets M$350b market capitalisation
      288 9 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange hopes to achicvc a sustainable market capitalisation of MS3SO billion (SS22O billion) by mid-1996, its executive chairman. Nik Mohamcd Din Nik Yusoff, said yesterday. He said the market capitalisation of the KLSE as at May 14 this
      Bernama  -  288 words
    • Article
      SAE to inject A$1.5m in Aussie engineering firm
      221 9 SINGAPORE A member of the Singapore Technologies group will invest Asl,s million (5&1.66 million) in an Australian automotive engineering firm. Singapore Automotive Engineering said yesterday that it had agreed to buy 20.000 ordinary shares in Towerhill Holdings, representing 25 per cent of
      221 words
    • Article
      Hotel Grand Central's main growth contributors lie beyond S'pore's shores
      882 9  -  HOCK LOCK SIEW By Alvin Tay SINGAPORE To some. Hotel Grand Central may be a sleepy three-star hotel tucked away at one corner of Orchard Road. But it is a star performer to shareholders and the envy of some of
      882 words
    • Article
      OCBC expected to sell 51pc of Aussie stockbroking unit
      411 9  -  From Brian Gomez in SYDNEY THE OCBC Bank group is expected to sell reluctantly 51 per cent of its Australian stockbroking unit. Bank of Singapore Stockbroking (Boss), in compliance with Australian reciprocity regulations. Industry sources in Sydney told Business limes the
      411 words
    • Article
      Lock icon MPHB has no time-frame for gaming project in Guangdong
      317 9 Bernama KUALA LUMPUR The Multi-Purpose Holdings Bhd Group has not given itself any time-frame to start its proposed joint-venture gaming operations in China's Guangdong province. Executive director Khaw Chay Tee, speaking to newsmen after the company's annual general meeting yesterday, said
      Bernama  -  317 words
    • Article, Illustration
      Lock icon SUMMARY
      382 9 Source: Bridge Info Performance of STII's Index stocks May 24 Last Seise lnd«\ Stork sale hw factor movers ($1 <$) A* imo 2 450 0 160 1 85 -33.33 CM 6 850 -0 100 S 16 20 83 Ccrebos 5.350 4 03 FAN ***** -0 400 8 97 83
      Source: Bridge Info  -  382 words
    • COMPANIES
      • Article
        Ong Holdings (HK) to be sold to China-led group for HK$66m
        578 11  -  From Catherine Ong in HONGKONG THE FAMILY behind Singapore's stockbroking firm Ong Co has sold its 55.3 per cent stake in Ong Holdings (HK) for HK566.6 million (5513.9 million) to a consortium that includes two major securities houses in
        578 words
      • Article, Illustration
        Lock icon India's petrochem, textile giant Reliance takes corporate crown
        575 11 Reuter BOMBAY Petrochemical and textile giant Reliance Industries Ltd has claimed India's corporate crown, climbing to top the pack with burning ambition, political connections and old-style business cunning, analysts say. Launched with just four imported knitting machines 17 years ago. Reliance has
        Reuter  -  575 words
      • Article
        Brownouts sap Manila Electric Co's earning power
        345 11  -  From Al Labita in MANILA MANILA'S power crisis has taken a heavy toll on the firstquarter earnings of the country's largest power distributor, the Manila Electric Company (Meralco). Electricity sales slipped 3.2 per cent to 2.8 million kilowatt hours, resulting in a 30
        345 words
      • Article
        Lock icon Microsoft launches Windows NT aimed at big corporate users
        331 11 Reuter SEATTLE Microsoft Corp launched its long-awaited Windows NT operating system yesterday, its first volley in a battle to take over core computing tasks of major organisations. The Redmond. Washingtonbased software giant already dominates the computer operating systems that provide the
        Reuter  -  331 words
      • COMPANY BRIEFS
        • Article
          UEM sells 20m Kinta Kellas shares
          69 11 KUALA LUMPUR United Engineers (Malaysia) Bhd (UEM) has disposed of 20 million shares of 25 pence each in Kinta Kellas Public Ltd Co in the open market for M 572.07 million (5545.40 million), averaging M 53.60 per share. The disposal will enable UEM to
          69 words
        • Article
          Lock icon Land & Gen sells 10.5m Rashid shares
          72 11 Land Gen sells 10.5m Rashid shares Reuter KUALA LUMPUR Malaysian property group Land General Bhd has placed out 10.5 million shares in financial group Rashid Hussain Bhd at between M 54.08 and M 54.12 a share. It said the sale, executed on May 10 and May 20, will net it
          Reuter  -  72 words
        • Article
          Lock icon Johan's profits soar to record M$20m
          45 11 Bernama PETALING JAVA Johan Holdings Bhd turned in record profits for the year ended Jan 31. 1993, chalking up an unprecedented 295 per cent increase to M 520.2 million (5512.7 million) against M 55.19 million a year before. Bernama
          Bernama  -  45 words
      • Article
        UNIT TRUSTS & FUNDS
        494 11 UNIT TRUSTS FUNDS Dividends table has been held over Managers' priCM \la> 25 IflSUranCC Fund Singapore Unit Trust income Bond Poin-v 3.2j jjs i iv (iMMKt i 14 hj Prudential Ihc Savings Fund I 21 1.27 PruLink Mgd Fund 1.14 1.20 S'porc Prog Fund 0.57 060 M spmr Scv Fund
        494 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Japan to help liquidate troubled bank
          108 12 AFP TOKYO Japan's finance ministry is ready to clear away the fear of potential bank failure by allowing funds from a bankruptcy credit system to liquidate a financially troubled credit bank, officials said yesterday. Kamaishi Shinkin Bank Ltd, a tottering credit bank association, will
          AFP  -  108 words
        • Article
          Cdre Teo to open actuarial meeting
          62 12 SINGAPORE Minister of State for Finance and Communications Cdre Teo Chee Hean will open the three-day East Asian Actuarial Meeting in Singapore in December. The meeting will look at the role of the appointed actuary, social security, pension schemes and financial soundness of life
          62 words
        • Article
          Soon: Electronic share application
          82 12 SINGAPORE DBS Bank has eliminated the need to fill in new share application forms for its customers. The Electronic Share Application service. ESA, to be introduced at the end of this month, allows a customer to apply for new share issues managed by DBS Bank by
          82 words
        • Article
          Lock icon Call for scrutiny of Aussie bank ads
          97 12 Bloomberg Business News SYDNEY The Australian Trade Practices Commission said bank advertising should be more tightly scrutinised in the light of a new home-loan rate war. the Australian Financial Review reported yesterday. The commission's comments were triggered by Friday's announcement that National Australia
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Underwriters for French franc bond
          87 12 Bloomberg Business News PARIS Credit Lyonnais and JP Morgan Securities are set to be lead underwriters for the first-ever global bond denominated in French francs, expected to be sold by Credit Local de France, an official at Credit Lyonnais said. "At the moment it's a
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Norway Central Bank cuts rate
          82 12 Reuter OSLO Norway's Central Bank said it was cutting its key overnight lending rate to 7.50 per cent from 7.75 per cent, effective today. The rate, charged to commercial and savings banks, is a benchmark for rates throughout the economy. The Central Bank last lowered
          Reuter  -  82 words
      • Article
        More S'pore firms taking up keyman insurance policies
        471 12  -  By Magdalene Ng SINGAPORE More companies arc insuring against financial loss arising from the death or disability of their key executives. Officials of Singapore's top three life insurance groups told BT they have been handling an increasing number of what is known
        471 words
      • Article
        Lock icon HongkongBank fails to recruit up to quota allowed for China staff
        250 12 Bloomberg Business News HONGKONG Hongkong and Shanghai Banking Corp said it has been able to recruit fewer than half the workers it has permission to bring in from southern China to work as tellers in its Hongkong branches. Difficulty
        Bloomberg Business News  -  250 words
      • Article, Illustration
        Citibank's air fare discounts lead to rise in card applications, billings
        357 12  -  Py Kooi Cho Teng SINGAPORE Citibank's new programme which pegs air fare discounts to spending on its credit card has drawn 8.000 to 9.000 membership applications since it was launched early last month. Its vice-president for consumer banking. Jeannine
        357 words
      • Article
        Stanchart: Retrenched IT staff were not poor performers
        206 12 SINGAPORK Standard Chartered Bank has clarified that its retrenchment of 13 information techno log) staff last Friday was the result of a reorganisation of its IT management structure and had "nothing to do with their performance". The bank was responding to a
        206 words
      • Article
        Philippines to float US$150m bond in Europe
        539 12  -  From Al Labita in MANILA THE Philippines, buoyed by a fresh wave of foreign investors' confidence in its economic rebound. will float in July a USSISO million (***** million) bond on the European market. But some analysts doubt the float's chance of success,
        539 words
      • Article
        Lock icon KL money supply up sharply
        198 12 Bernama KUALA LUMPUR Malaysia's money supply, or Ml, grew substantially by 5.7 per cent or MS 1.744 billion at endJanuary from the previous month as both currency in circulation and demand deposits rose to meet the high demand for transactional balances during Chinese New Year.
        Bernama  -  198 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon India may see rise in non-resident deposits
        421 14 Knight-Ridder BOMBAY New rules covering foreign currency deposits lodged by non-resident Indians in Indian banks could create a new source for foreign currency lending in India, bankers said. The sources noted that such deposits, because of the size and wealth of the overseas
        Knight-Ridder  -  421 words
      • Article
        Lock icon KLCE working out details of interest rate futures contract
        298 14 Bernama KUALA LUMPUR The Kuala Lumpur Commodity Exchange is now working on the contract specifications for the proposed interest rate futures contract which is expected to start operations by the year-end. KLCE chairman. Dr Syed M A Alhady, said yesterday the
        Bernama  -  298 words
      • Article
        Lock icon Prudential adopts accruals basis of accounting
        264 14 FT LONDON Prudential Corporation, Britain's largest life assurance company, reported that under the new proposed accruals basis of accounting for profits, its 1992 earnings rose 9 per cent to £807 million (Ss2 billion). The Pru had earlier reported profits for the same period using
        FT  -  264 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        168 14 THE US dollar opened higher against the major European currencies amidst fears of an immininent tightening in US short term interest rates. The dollar, however, was little changed against the regional currencies. The US dollar was trapped in a narrow range against the Ss. It
        168 words
      • Article
        Lock icon London
        195 14 Reuter A weakening German mark and talk of higher US interest rates combined to give the dollar a bright start to the week on European markets, where gold sparkled but shares stayed mostly on the sluggish side. The dollar gained a pfennig in Europe as the faltering German economy
        Reuter  -  195 words
      • Article
        Lock icon Oil futures prices weaken as demand remains stagnant
        376 14 Bloomberg ENERGY REPORT Bloomberg Business News LONDON Oil futures priccs in London and New York were weaker as demand Tor crude and products remains weak. Priccs lackcd direction in the abscncc of fresh news, after the volatile movements seen last week, brokers
        Bloomberg Business News  -  376 words
      • Article
        Lock icon New York
        86 14 AFP THE dollar was strong in light trading yesterday in New York following press reports that the Federal Reserve favoured eventually tightening monetary policy at a meeting last week. At about 1340 GMT, the dollar traded at 1.6370 German marks, up from 1.6250 marks late Friday, at 110.40
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1592 14 /raJe \uithuil injt x lakulalnJ atain\t Spore > u<f 14 truJin* i*inntr\ Hay year /Wt< US$/S$ forward rates Noon May 24 ss Bid Offer 1-month 1.6155 1.6170 2-month 1.6157 1.6172 3-month ***** 1.6175 6-month ***** 1.6188 Saanr Ol'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m mi Thursday: Singapore
        1,592 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars plunge on tight credit fears
        1473 15 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar futures ended sharply weaker after a day of active selling fuelled by renewed fears of tighter credit in the US, traders said. The key December contract settled 11 ticks lower from its late Chicago close to finish at
        Reuter  -  1,473 words
      • Article
        Tin at new all-time low at M$13.90
        664 15 COMMODITY REPORTS Tta TIN price on the Kuala Lumpur Tin Market hit a new all-time low yesterday at MS 13.90 per kg. eight sen down from last Friday mainly due to buyers' reserve coupled with low physical demand. On the Kuala Lumpur Tin
        664 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Exchange's trade hits 152b yuan
          80 15 HONGKONG Trading turnover on China's Shanghai Metals Exchange reached 152 billion yuan during its first year of operation, the world's third highest volume after the New York and London metals exchanges, the official China Daily newspaper reported yesterday Since the exchange opened in May 1992,
          80 words
        • Article
          Vietnam seeks more crude buyers
          78 15 TOKYO Vietnam is seeking to sell its term Bach Ho crude to a more varied group of buyers, said sources at companies here holding term contracts for Vietnamese crude. "The Japanese have 80 per cent of the whole now, but the Vietnamese government has said
          78 words
        • Article
          Plans to double aluminium output
          86 15 TOKYO Japan's Nippon Light Metal Co plans to double output at two South-east Asian aluminium fabricating plants that were acquired in a merger with Alcan Asean last year, a spokesman says. Aluminium sheet production capacity at Aluminum Company of Malaysia will be doubled to 50,000
          86 words
        • Article
          Tianjin copper smelter delayed
          47 15 TOKYO The start of construction of a new copper smelter in Tianjin, China, is likely to be delayed due to disagreement over capital investment commitments, according to a source at Oriental Metals Co, the Hongkong trading arm of China's central nonferrous metals group.
          47 words
        • Article
          Producer premium for aluminium
          32 15 TOKYO Japanese traders and overseas aluminium producers are close to agreeing on increased producer premiums for July-Sep shipments of about US$3O (5548.60) per tonne, trading sources here say.
          32 words
      • Article
        COMMODITY PRICES
        1682 15 Rubber May 24 RAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) A Bnyors /c Sellers Close Volume Open ns at 12 noon to icmvhgr Month High Low Sett (tonnes) Interest RSS 2 Jun 93 128 00 129.00N Jun 93 Jul
        1,682 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1144 16 -10.1 SHARES slipped at the close in slow trade despite a strong performance by gold stocks. Brokers said buyers were concerned about the possibility of another fall on Wall Street. The All Ordinaries Index closed 10.1 points down at 1.685.5. The All Industrials fell 20.3 to 2,609.6, while the
        1,144 words
      • Article
        Manila
        555 16 +5.61 Share prices closed slightly higher but the market is expected to move sideways until the end of the week. The Manila Composite Index rose 5.61 points to close at 1.577.71. The Makati Index climbed 9.93 to end at 1.615.32. Market leader Philippine Long Distance Telephone Co. which fell
        555 words
      • Article
        Taipei
        559 16 -36.51 Stocks reversed early gains to close lower on late selling in very sluggish trade. Brokers said sentiment was poor. The Weighted Index, which rose 25 pomts early on, ended 36.51 down at 4.258.92. Turnover was NT$l5.3 billion, the lowest in a full session since January. Conflict within the
        559 words
      • Article
        Seoul
        492 16 +0.57 The stock market finished a shade firmer for the seventh consecutive session despite prof-it-taking, which put a dent on an earlier six-point gain. The Composite Index added 0.57 points to 733.91. Turnover was 706.88 billion won. Most analysts were unsure of the market direction today but some said
        492 words
      • Article
        New Zealand
        307 16 +9.67 The share market shrugged off a weak open and a 30-point fall in the Dow Jones to finish moderately higher. The NZSE-40 Capital Index closed up 9.67 points at 1,628.27 on a volume of NZ533.47 million, reversing an 8-point fall in early trading. Brokers said offshore orders,
        307 words
      • Article
        Bombay
        137 16 -18.0 Shares lost their early gains as speculators and some mutual funds booked profits and pushed prices to a slightly lower close, brokers said. The Bombay Stock Exchange Index closed at around 2,339, down 18 points. "Prices have firmed up after a very long time and some profit booking
        137 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        609 16 Vienna Mm 24 Avrh M'< I5J5 um.ii Hjnk VuVfUlPl W) < ••nsljnlu 'I) 5 JuniNin/l IfcW i Ir.um -'0 I Mort-O P INt i 12* <• VcKvici 2l» I «Vnntir>i M \t«mt /U'hii twii Bunk I h>/mj Nasdaq M«> 21 ,ISS Xdofph ours Bm»m| 17 250 0 .50 \pp4c (ompuicr
        609 words
      • Article
        London
        796 16 13.4 UK STOCKS took their lead from US stocks to close higher in lacklustre trading, traders said. The FT-SE 100 Index of leading British stocks closed 13.4 points higher at 2.825.6. Volume was down to 509.2 million shares from 695.9 million last Friday. Earlier, stocks were stagnant after a
        796 words
      • Article
        Paris
        157 16 +24.59 French shares ended sharply higher on the first day of the June account after a weak performance in May when the CAC-40 index lost 4.16 per cent. Dealers said the market had reacted positively to yesterday's rate cuts, the government's efforts to create new jobs and press reports
        157 words
      • Article
        Stockholm
        198 16 -0.22 pc Swedish shares closed with foreigners showing a moderate buying interest. The OMX-Index, which carries a futures contract, and the top-16 Blue Chip Index were almost unchanged from Friday's close, down 0.04 per cent and up 0.05 per cent respectively. The All-Share Index eased 0.22 per cent to
        198 words
      • Article
        Amsterdam
        213 16 1.68 Dutch stocks closed higher on the strength of the dollar, traders said. The EOE Index of the leading 24 shares closed up 1.68 at 307.16. Advancers outpaced decliners 17 to five. Two stocks closed unchanged. Amsterdam May 24 Hs ABVAmro 51.TO 2 Vefon 12 40 -2 \ho4d WO
        213 words
      • Article
        Johannesburg
        323 16 +46 Shares, particularly marginal mines, closed sharply higher despite a last-minute dip as investors tracked gold's push past the key US$3BO an ounce and fall back. "There's a great amount of interest mainly by foreign buyers," a dealer said, noting a report that gold could make an assault on
        323 words
      • Article
        Toronto
        176 16 +4.4 The Toronto market report was not available. Toronto May 21 C$ Abiiibi Price 15 1/8 Mean Alum 23 5/8 1/8 BP Canada 14 6/8 Bank Nova Scotia 25 3/8 2/8 Bank of Montreal 25 5/8 1/8 Bee 44 2/8 1/8 Brascan II 6/8 1/8 CDS Imp Bk 29
        176 words
      • Article
        Frankfurt
        222 16 -7.55 German shares were weaker at the end of a lacklustre bourse session marked by technical factors and a shortage of uplifting news, dealers said. The DAX 30 Index ends down 7.55 points at 1,603.04 after having moved in a narrow range between 1,602.76 and 1,611.15. Pessimism over the
        222 words
      • Article
        Brussels
        154 16 •8.56 Belgian shares closed lower on the last day of the twoweek forward market account due to position squaring, pessimism on interest rates and corporate earnings and lack of volume in a sell-er-dominated market. The Bel-20 index, down a third of a percentage point at midday, eased further to
        154 words
      • Article
        Zurich
        261 16 +3.90 Swiss shares closed a quiet day slightly firmer after the market consolidated last week's gains. The SPI index added 2.8 to 1.391.0 and the SMI rose 3.9 to 2.237.4. Dealers said the consolidation was likely to continue for a few more days. Registered shares in Swissair, 12 francs
        261 words
      • Article
        New York
        717 16 -30.45 Wall Street stocks were narrowly mixed yesterday, but programme trading and a recovery' in bonds helped to push blue chips higher. At I pm EDT. the Dow Jones industrial average was up 11.62 points at 3,504.45. Declines led advances 9-8 on volume of about 105 million shares
        717 words
      • Article
        Milan
        119 16 -0.24 pc Blue chips ended tightly mixed in low turnover with many investors sidelined but sentiment still broadly positive, dealers said. The MIB All-Share Index slipped 0.24 per cent to 1,230. Scope for interest rates to fall again in the medium term combined with the steady lira would deter
        119 words
    • Article, Illustration
      Lock icon HONGKONG
      3207 17 Bloomberg Business News S I (X'k prices powered to record highs on growing optimism that SinoBritish talks on political reform are making progress. The Hang Seng Index ended at an all-time high of 7.276.39. a leap of 106.43 points. Turnover was HKS4.7 billion. The index has now climbed 1.764.00
      Bloomberg Business News; Source: Bridge Info  -  3,207 words
    • Article, Illustration
      CHINA
      489 17 THE Shenzhen A market took a pounding yesterday. The new rights issues for many stocks did not buoy the market. The CLSA Shenzhen A Index was down 162.25 points to close at 2,455.21. In contrast, the B market was very quiet. Share prices drifted slightly lower in very light
      489 words
    • Article, Illustration
      Lock icon JAKARTA
      1094 17 Reuter SHARE prices ended higher in moderate trade though volume was dominated by cross deals, brokers said. The Official Index closed at 328.80 points, up 2.36. Gains beat losses 34 to 13. with 33 counters unchanged. "Semen Cibinong provided the focus of the day with its acquisition plan and
      Reuter; Source: Bridge Info  -  1,094 words
    • Article, Illustration
      Lock icon TOKYO
      2580 17 Reuter STOCKS ended weaker, depressed by lower futures prices. Brokers said buying emerged after a majority of corporate results were out of the way by the end of last week. However, gains in cash stocks were topped by continued arbitrage unwinding due to sluggish futures prices. "Buyers were assured
      Reuter; Source: Bridge Info  -  2,580 words
    • Article, Illustration
      Lock icon BANGKOK
      1726 17 Reuter INVESTORS sold after seeing the main market index fall below the 850-point level, depressing prices across the board, brokers said. The SET Index fell 17.14 points to close at 841.23 on thin turnover of 2.58 billion baht. Declines led advances by 226 to 30 with 35 stocks unchanged.
      Reuter; Source: Bridge Info  -  1,726 words
    • Article
      CLOB INTERNATIONAL
      2387 18 (rf Gr 1992/93 Last Vol Wctk IjM <>uuir Di» Di» Md >rt M Cap High Low Company Sak ("000) Mich Low Bayer Seller S Ctr S P/E Smil MALAYSIAN STOCKS 159 102 MSB 50c 142 xd -I 56 144 140 144) 142 5 0 0.8 I I 7100
      2,387 words
    • Article
      SES mainboard/Sesdaq
      108 18 MOST ACTIVE volume IPt orpn 5c *0.457.000 \mcoi 25c "141 000 (MF l td 40c 32.709.000 tML 10c 32 WW000 HTP Hklgs 50c 10.859.000 Summa I in 21.320.000 Ningatron 20c 21.693.000 KM1. W196 20 933 000 Singatron Wl 20 324 IKK) huan Hup W|94 19.257.000 UK" 18.229.000 Tuan
      108 words
    • Article
      Clob International
      88 18 MOST ACTIVE volume Kcnong Bhd MV 9I.7W.000 t M B Mil HS.685.000 Protrnl 76.067.000 Bedford MV 5I. VW.000 Mil 42.161.000 IndOxvgcn MV M.927.000 Bcriava (iroup .16.062.000 Mclropk-* MV WXJ5.0HI C ASH MV JI.4IJ.000 Bcr)ava leisure J0.95V000 Fahcriiroup JO.MI.OOO IdrisHvdMV 2H.70JIW0 Muhi-I'urpu"*- 2*».**l MOST ACTIVE value Kcnony Hhd Sk.
      88 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2709 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Hromcl 40.687.000 Rcnong Bhd 50c 10.643.000 F At B JOc 7.050.000 Ml I 5.8I5.QOO lilm Hvd 50c 5.334.000 Ind < >x\gcn 50c 4.401.000 Innovnt Bhd J.%3.000 Bedford 50c 3.597.000 IC.B (orpn 50c 3.556.000 f aber (iroup 3.411.000 MBf Capital
      Source: Bridge Info  -  2,709 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stock prices close lower on profit-taking
        5237 19 Bernama PROFIT-taking after sharp rises last week took share prices in Kuala Lumpur to a lower close yesterday. The KLSE Composite Index closed 4.87 points lower at 724.48, the Industrial Index 5.97 points down to 1,268.14 and the Emas Index 0.80 of a point
        Bernama; Source: Bridge Info  -  5,237 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Market sheds 6.7 points as fear overcomes greed
        1124 20  -  By Dexter Lee SINGAPORE If J?reed and tear were personified, one could almost see battling one another in the stock market yesterday. On the one hand, many in v estoß remained mesmerised by what looks like a continued bull market. Expectations that
        SOURCE: BRIDGE INFO; Source: Bridge Info  -  1,124 words
      • Article
        Goldtron
        64 20  -  Quak Hiang Whai HAVING gone up by more than Si in five months, the upside potential for Goldtron looks limited. The resistance at $2.20 looks difficult to break. The daily RSI is at almost 85. the weekly RSI almost 100 and are drifting downwards. The stock will meet support
        64 words
      • Article
        Untitled
        6237 20 MAIN BOARD Gr Gr 1992/93 Lj»t Vol Di> Lasl (JmMt Di' Di* Vrt M Caj lligh Cooipanv Sale ("000) High Lo* Bujer Srlkr CVf PIf. Smil INDUSTRIAL AND COMMERCIAL 770 170 Acma 670 cd -5 366 680 665 670 675 12.5 2.1 1.9 29 0 461.6 220 210 s Alex
        6,237 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
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      105 words
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      Page 10 Advertisements Column 1
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      Page 11 Advertisements Column 2
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      Page 12 Advertisements Column 1
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      Page 13 Advertisements Column 1
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      Page 14 Advertisements Column 1
      258 14 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 JELUTONG INDUSTRIES (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be held at 7500
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      Page 14 Advertisements Column 2
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      353 words
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      Page 14 Advertisements Column 3
      140 14 SIME SINGAPORE LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or destroyed Cftwcate No. In tht Nam# of NB.olSTwrta *****5 Foo Jong Teen Ixl.ooo *****7 *****8 Ng Eng Liat 2x1.000 *****5-*****9 Teo Margaret 4 x 1.000 *****9-*****0 -do- 2x1.000 *****6 -do Ixl.ooo
      140 words
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      Page 15 Advertisements Column 1
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      149 words
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      Page 15 Advertisements Column 2
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
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      55 words
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      Page 19 Advertisements Column 1
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  • SPORTS
    • Article, Illustration
      Lock icon Knicks upset Bulls in Game One
      602 21 NBA playoffs Reuter NEW YORK The New York Knicks handed the Chicago Bulls their first loss of the 1993 playoffs last Sunday to draw first blood in the hotlyanticipated. best-of-seven Eastern Conference finals showdown. John Starks and Patrick Ewing scored 25 points apiece to
      Reuter  -  602 words
    • Article
      Lock icon Winning when you're supposed to win
      886 21  -  The Knicks carried a heavy burden when they fought the Bulls. Dave Anderson assesses the match Dave Anderson NYT NEW YORK The New York Knicks were supposed to win. But they did. Perhaps the heaviest burden on any good team is winning games that
      NYT  -  886 words
    • Article
      Lock icon Top seeds advance; Courier, Becker sail through
      607 21 French Open AP PARIS Steffi Graf and Aranxta Sanchez Vicario, top seeds at the French Open in the absence of Monica Seles, struggled unexpectedly yesterday before winning their firstround matches. But Jim Courier, the twotime defending men's champion. had a hitch-free debut, powering
      AP  -  607 words
    • Article, Illustration
      Lock icon Waite wins Kemper Open by one stroke
      365 21 Golf AP Reuter POTOMAC, Maryland New Zealander Grant Waite saved par after the best bunker shot of his life at the final hole to hold off Tom Kite for a one-stroke victory at the USSI.3 million (SS2.I million) Kemper Open on Sunday. In
      AP; Reuter  -  365 words
    • SIDE LINES
      • Article
        Lock icon Orlando wins top pick in NBA draft
        110 21 AP NEW YORK With a phenomenal stroke of luck, the Orlando Magic on Sunday won the first overall pick in the National Basketball Association draft for the second consecutive year. In a process weighted to give the worst teams the best chance of
        AP  -  110 words
      • Article, Illustration
        Lock icon Senna wins Monaco Grand Prix again
        119 21 AP MONTE CARLO, Monaco Ayrton Senna of Brazil (right) spraying second-placed Damon Hill of Great Britain with champagne after winning his sixth consecutive Monaco Grand Prix here on Sunday. Senna was at a loss for words on his record win. "I don't have words
        AP  -  119 words
      • Article
        Lock icon Charles bags Bell Atlantic Classic title
        87 21 AP MALVERN. Pennsylvania Bob Charles shot a par-70 last Sunday to beat Dave Stockton by a stroke for the Bell Atlantic Classic title and become the first golfer to earn US$4 million (556.4 million) on the Senior PGA Tour. He had rounds of 67-67-70
        AP  -  87 words
      • Article
        Lock icon Skinner wins Lady Keystone Open
        76 21 AP HERSHEY. Pennsylvania Val Skinner, four strokes back when the day began, shot a 67 that included an eagle and beat Betsy King by two strokes in the Lady Keystone Open last Sunday. That ended a six-year victory drought on the US LPGA tour. Skinner,
        AP  -  76 words
      • Article
        Lock icon Gatien scores a first for France
        84 21 AP GOTEBORG. Sweden Jean-Philippe Gatien, who went to Sweden at age 13 for his first table tennis camp abroad, became France's first ever men's world singles champion last Sunday by outlasting Jean-Michel Saive of Belgium in five tough sets. Gatien won the "blue ribbon"
        AP  -  84 words
      • Article
        Lock icon Greece earns World Cup berth
        78 21 AP MOSCOW Greece earned its first-ever World Cup berth and became the second nation to qualify for quadrennial championship last Sunday, getting a first-half goal from Anastasios Mitropulos to draw with Russia 1-1 and win a trip to the US. The draw gave Greece a
        AP  -  78 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        277 21 Reuter NEW YORK Major League Sunday. National: Florida 4 Chicago 2: Philadelphia 14 Montreal 7; St Louis 4 Pittsburgh 3 (in 10); Atlanta 2 New York 1; Los Angeles 4 Colorado 0: Houston 9 San Diego 7; San Francisco 3 Cincinnati 2. Standings (wins, losses, winning percentage and games
        Reuter  -  277 words
      • Article, Illustration
        Lock icon Golf
        95 21 Reuter AFP POTOMAC, Maryland Kemper Open final round Sunday (US unless noted): 275 Grant Waite (NZ) 66 67 72 70 276 Tom Kile 70 65 69 72 277 Scott Hoch 70 69 70 68. Michael Bradley 69 71 69 68 278 Boh Estes 68 70 74 66. Reuter MODENA,
        Reuter; AFP  -  95 words
      • Article, Illustration
        Lock icon Motor-rally
        106 21 AP MONTE CARLO, Monaco Monaco Grand Prix final results Sunday (dri>er, country, car. time and winner's time and speed) 1. Ayrton Senna (Bra) McLaren-Ford. 1 hr 52 min 10.947 see. 138.837 Wph 2. Damon Hill (GB) Williams-Re- nault. 52.118 seconds behind 3. Jean Alesi (Fra) Ferrari. 1:03.362 behind 4.
        AP  -  106 words
      • Article, Illustration
        Lock icon Ice hockey
        21 21 Reuter LOS ANGELES NHL Stanley Cup Campbell Conference Finals Sunday: Toronto 4 Los Angeles 2 (Bcst-of-sevcn series tied 2-2).
        Reuter  -  21 words
      • Article, Illustration
        Lock icon Soccer
        197 21 AFP AFP MADRID Spanish first division last weekend: Valencia. 3 Athletic Bilbao 1; Barcelona 4 Rayo Vallcncano 0; Real Madrid 5 Seville 0; La Coruna 1 Real Zaragoza 0; Real Sociedad 1 Osasuna 3; Tencrife 1 Celta Vigo O. Burgos 1 Oviedo 1; Sporting Gijon 1 Cadiz 0; Albacete
        AFP  -  197 words
      • Article, Illustration
        Lock icon Tennis
        425 21 AP Reuter FLORENCE, Italy Muratti lime International Final Sunday: Jordi Burillo (Spn) b 4-Andrei Chcrkasov (Rus) 7-6 (7-4). 6-7 (7-9). 6-1. AP PARIS French Open first round Monday (x-denotes seed) Men: Carlos Costa (Spn) b Josef Kroschko (Hun) 6-0. 6-3. 6-1; Jordi Arresc (Spn) b Alexander Volkov (Rus) 6-2.
        AP; Reuter  -  425 words
      • Article, Illustration
        Lock icon Table Tennis
        52 21 AP GOTEBORG, Sweden World Championship Finals Sunday Men Singles: Jean-Philippe Gatien (Fra) b Jean-Michel Saive (Bel) 21-19. 17-21. 21-14. 17-21. 21-18. Doubles: Wang Tao/Lu Lin (China) b Ma Wenge/Zhang Lei (China) 18-21. 21-12. 21-13. 21-15. Women Doubles: Liu Wei/Qiao Yunping (China) b Deng Yaping/Qiao Hong (China) 21-19. 14-21.
        AP  -  52 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      603 22 M Nothing Beats A Bud. OF wmmmmmm BflßflNK VD I TH[ F«M m From spm to Bpm daily, a good reason to come down with drinks at only $3.50++ each. (House pouring brands only). The North Express Band a How Playing! v Ladies Night V Every Tuesday! For reservations, ptoase
      603 words
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      Page 22 Advertisements Column 2
      282 22 WHERE TO WINE, DINE AND ENTERTAIN Our Bird's Nest will please your palate as well as your pocket. 1 1 We've just added Bird's Nest y' delicacies to our menu at really 9 T affordable prices. fJrSmPBMFM *-f Whether it's a Bird's Nest main dish w or dessert*, you won't
      282 words
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      Page 22 Advertisements Column 3
      343 22 DelccUblc Yoag Taa Foo Baffet at 'Tr* Chatteibox every Saturday aad Saaday. 12.30 pm to S pa $14.50 per peraoa M.So++ per child (below 10 yia) Mezzarw Saaaptaoaa Coatiaeatal fc Local Afteraooa Tea spread at Mezzaaiae Loaage. Daily. 2 pan toipa SI 6.00 per peraoa $10.00+* per child (below 10
      343 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Shhhh! Have you heard this?
      875 23  -  Cannes Festival The rumours are rampant about who will win and who won't. Vincent Canby reports Vincent Canby NYT IF THERE were any professional bookmakers here, they might have become door-to-door encyclopedia salesmen, immediately after the winners of the 46th Cannes International Film Festival were
      NYT  -  875 words
    • Article
      Lock icon Asian, Australasian films selling well
      358 23 AFP ASIAN and Australasian films have been selling well as a result of the high Cannes Festival profile of films from the region, market sources said last Sunday. Taiwan-based Tomson Co has sold the rights to Chen Kaige's Farewell to my Concubine in all major
      AFP  -  358 words
    • Article, Illustration
      A family affair
      457 23 CHATTERBOX OSCAR-WINNING British actress Emma Thompson was in playful mood over an adaptation of Shakespeare's Much Ado About Nothing, directed by her husband Kenneth Branagh. Asked how she believed her career would progress, she looked mischievously at Branagh and said: "Now I have the Oscar 1 don't
      457 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      92 23 IMlMfaj Rifel Lunch NOW on every Monday to Friday, yon can indulge yourself at the Tee-Off Cafe with our fantastic spread of buffet lunch which includes Air-flown Rock Oyster. Assorted Salads. Soup. Roast Striploin. Honey Glazed Ham. Assorted Dessert and much more. FOR ONLY 14.50 P For reservations, please call
      92 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1250 23 TV RADIO Subway, 10.30pm, SBC 12 1 Safe-cracker Christopher Lambert Metro Isabelle thugs the police. He becomes H of social masterfully jSMPk SBC 12 would not be able in the »^V. steppes of Kazakhstan. mj ga or antelope does w so with alarming alacrity. Find -«w do Sg^H^^^B^B The Secret
      1,250 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      64 24 t is- >>' *-m *6 (AT&T Jl the combined With NCR's strength in industry-standard connectivity and AT&T's broad range of advanced networking products, we can 5 \£sli |j offer users networking solutions no other company can match. netw tha as accessible a^ N< R is tin n.nie and mark of
      64 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      From zip maker to home maker
      894 25  -  YKK went into S pore properties by building flats for its staff. Now it s a developer, reports Kooi Cho Teng Kooi Cho Teng SEVEN years ago, Japanese zip maker YKK decided it made more sense to own rather than lease flats in which
      894 words
    • Article, Illustration
      Lock icon Sales pick up at Far East's Regent Villas
      191 25 SALES have picked up at the 99-year leasehold Regent Villas project, situated ofT Bukit Timah. Just nine semi-detached houses are left at the 46-house project by the Far East Organisation in the Sixth Avenue area. Regent Villas, launched in October, attracted a
      Photo bv Arthur Lee  -  191 words
    • Article
      Lock icon Hongkong office rents expected to soar
      468 25 Reuter PROPERTY market rumour had it that the first guests at the swank Ritz Carlton Hongkong hotel were to be the last a wrecking crew with orders to tear it down. Hongkong's spiralling office rents meant it made more economic sense to tear down
      Reuter  -  468 words
    • REGIONAL SKYLINE
      • Article
        Lock icon YTL Corp to build 2 hotels in Penang
        63 25 Malaysian Business Times PENANG Business and Budget Hotels, a subsidiary of listed YTL Corp. has signed an agreement with the Penang Development Corporation to develop two hotels at Bayan Baru and Seberang Java costing MS2O million (5512.4 million) each. Construction of the
        Malaysian Business Times  -  63 words
      • Article
        Lock icon MAS buys Sydney office building
        48 25 Australian Financial Review SYDNEY Malaysia Airlines has signed a contract with insurance group Sun Alliance to buy an office building in Sydney s central business district for As 6 million (556.66 million). The building is at 16 Spring Street, opposite the Stock Exchange.
        Australian Financial Review  -  48 words
      • Article
        Lock icon Bangkok Land profit below forecast
        45 25 AP-Dow Jones BANGKOK Bangkok Land, developer of Thailand's biggest private housing project, reported profits far below forecast. Net income for the year to March 31 rose to 4.87 billion baht (SS29O million)), against a forecast 6.52 billion baht. AP-Dow Jones
        AP-Dow Jones  -  45 words
      • Article
        Lock icon Sumitomo's new Sydney address
        50 25 Australian Financial Review SYDNEY Sumitomo Trust Finance (Australia) has leased 600 sq m of space in Matsushita Investment and Development Corps Chiflev Tower in Sydney. Sumitomo, which will move from MLC Building, has taken a 10-year lease on level 38 of the tower. Australian Financial Review
        Australian Financial Review  -  50 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      152 25 TOR LEASE Breakfast in a garden terrace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balineseinspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager. Facilities Co ordinator and exemplary concierge service. Your
      152 words
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      Page 25 Advertisements Column 2
      28 25 1 Trust Hung Kang to serve up SB|S| Sharksfin in six different varieties. |yUSB ©HUNG KANG RESTAURANT 38, North Canal Road, Singapore 0105 Tel: 533-5300 (3 lines) nKggMH&Wj
      28 words
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  • Article
    Bill Clinton's hard choices
    547 26 EDITORIAL BILL CLINTON lost more than his locks last week when news leaked but that Los Angeles airport had to be shut for almost an hour while he got a US$2OO haircut aboard his parked plane. The episode sarcastically dubbed "Hair Force One" also lost the
    547 words
  • WHAT THE OTHERS SAY
    • Article
      Importance of staying focused
      235 26 WITH ONLY ONE YEAR behind it, it is premature to evaluate how successful the Chinese Development Assistance Council (CDAC) has been in levelling up poorer Chinese. But it cannot be doubted that it has taken the right approach. At the end of the day, however, its
      235 words
    • Article
      Good health for all, rich or poor
      175 26 THE GOVERNMENTS announcement that it will give special support to older Singaporeans in sharing the benefits of Medifund is most welcome. It is also heartening to learn that Medifund will bear up to 60 per cent, and in some cases 100 per cent,
      175 words
    • Article
      Use the stick to get the dues
      194 26 THE MAIN REASON for the recent hike in conservancy charges is the new regulation requiring town councils to deposit 40 per cent instead of the previous 25 per cent of their income into the combined fund for repainting and large-scale maintenance. In addition,
      194 words
    • Article
      Inflation lower, but still high
      149 26 HAS Financial Secretary Hamish Macleod got inflation on the run? In a radio interview yesterday he had the cheery ring of a man who had been proved right. Earlier forecasts that the benchmark inflation rate would be 9.5 per cent for the year were roundly
      149 words
    • Article
      Let's keep our guard up
      148 26 MALAYSIANS as a people can be nice and laid-back in other aspects, but in such an important area which has everything to do with our economic well-being as a nation, we cannot afford to let our guard down and let inflation run wild and move
      148 words
    • Article
      No more Mr Nice Guy
      195 26 THERE IS A clear need to revitalise our democracy, which entails a serious balancing and checking of powers. A year after last May's bloodshed, the government of Prime Minister Chuan Lcckpai has failed to get its act together. Longstanding problems still affect the Thai people
      195 words
  • Article, Illustration
    Lock icon Bomb-size loopholes to close in the NPT
    682 26  -  Paul L Leventhal says four major flaws in the Nuclear Nonproiiferation Treaty must be corrected before it is extended in 1995 Paul L Leventhal The writer is president of the Nuclear Control Institute IHT FOR NEARLY 25 years, the world has depended on
    IHT  -  682 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      90 26 1 WW W We have assisted many I I II I II I. 1 companies in putting II I together special features XX v XX X XJ XJ to highlight their achievements. And this experience can be put M to good use for YOU. From H to H the partners.
      90 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      83 26 rvc PvDDCP fPv9CiNP>TtNG CMRPTeR OM mrneßTo unpobusv4€,d Tv4e rovp*ntpvGCs or the. tooRD processor sov£L 'uvitfG DEPTH IN me. p>nd ive Dong it in my eesr BuViHG wpvnsdu3R«T»WG Fbfc 7 C ASSOCIATED MfWSFAff RS LTD tUMM] »WS* DOONESBURY GARRY TRUDEAU /TS CRAZY, REV! I KNOW 'I 'HOUAREYOU, NICHOLE DID TM LUCKY
      83 words
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  • ANALYSIS
    • Article
      Change in China would be derailed with a trade demotion
      608 27  -  Pei Minxin says the recuperating democracy movement will face a renewed backlash it the United States revokes China's MFN status Pei Minxin The writer, a Chinese citizen, is an assistant professor of politics at Princeton L'niversitv FOUR YEARS ago. as
      608 words
    • Article, Illustration
      A major test for Nafta on Capitol Hill
      1180 27  -  The refrain is that Nafta is good for the US in the long run. But interest groups and their supporters in Congress are focusing on the immediate difficulties. Leon Hadar discusses the Clinton Administration's predicament Leon Hadar Ihe writer is His Washington
      1,180 words
    • Article, Illustration
      Where have all the enemies gone, long time passing...
      956 27  -  Karim Raslan finds Nato singing a different tune these days as it ponders its raison d'etre in the face of the Bosnian crisis Karimm Raslan The writer is a Kuala Lumpur-based journalist who contributed this article to BT MUL>-hLlNtiiNLi between the
      956 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      248 27 |TrrfyrTu^^B So don't miss Colin Bockman on the Corporate Edge through People" July 9,1993 Hv Ssl4s SIM members/Ssl7o Non-members This seminar will help managers manage In a leadership and involvement style. It will give them some how-to's that they can take away and apply immediately to most businesses, without the
      248 words
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  • Article
    Lock icon China disputes IMF's re-rating of its economy
    545 28 Reuter BEIJING China, trying to use its current production boom to make up for decades of socialist stagnation, yesterday disputed an International Monetary Fund re-rating that said it was already an economic superpower. The IMF has come up with a ranking of the
    Reuter  -  545 words
  • Article
    Lock icon MFN loss will hurt US more, says China
    267 28 Reuter South China Morning Post HONGKONG Vice-Prime Minister Zhu Rongji says China's loss of Most-Favoured Nation (MFN) trading status would harm the United States more than China, and Beijing would have to retaliate if Washington took action. Speaking to reporters yesterday during
    Reuter; South China Morning Post  -  267 words
  • Article
    Lock icon Privatisation of British Rail on track
    147 28 Reuter LONDON The British government gave the green light for its controversial privatisation of loss-incurring British Rail yesterday, but was still battling to avoid a damaging parliamentary defeat over the sell-off. Transport Secretary John MacGregor said Britain's passenger network will be carved into 25
    Reuter  -  147 words
  • Article, Illustration
    Lock icon Russian envoy pushes new Bosnian peace plan in Belgrade
    655 28 Reuter AFP BELGRADE Russian envoy Vitaly Churkin arrived in Belgrade yesterday to push the world's latest strategy to contain the Bosnian war as a chorus of European leaders declared the UN-backed peacc plan was not dead yet. "We dccidcd that it
    Reuter; AFP  -  655 words
  • Article
    Lock icon Japanese group opposes more US tax on foreign firms
    339 28 Reuter TOKYO Keidanren. Japan's most powerful business lobby, said yesterday that it strongly opposes an increase in the tax burden on non-US companies operating in the US as proposed by the Clinton administration. If the proposals are put into effect, not
    Reuter  -  339 words
  • Article
    Lock icon Hanoi may shut down 2,000 state firms
    261 28 AFP HANOI Vietnam will shut down 2,000 public firms as part of a drive to force stateowned enterprises to run economically. Cabinet Minister Le Xuan Trinh has said that the survival of 800 other public firms will be determined within the new guidelines
    AFP  -  261 words
  • Article, Illustration
    How Asia can prevent outbreak of World War III
    921 28  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer, BT's Regional Analysis editor, was in Tokyo recently for the Asia Society Conference on Evolving a New Regional Order. IN THEIR somewhat contentious best-seller. The Coming liar with Japan. American
    921 words
  • Article
    Lock icon Kim replaces top S Korean military men
    284 28 AFP SEOUL South Korean President Kim Young Sam has dismissed the ehairman of the Joint Chiefs of StafT together with two other senior military officers for their involvement in a 1979 military putsch. Presidential spokesman Lee Kyung Jae said Mr Kim. the first
    AFP  -  284 words
  • Article
    Lock icon Asia may need US$1.1 trillion investment in power generation projects by 2010
    390 28 Reuter SINGAPORE Asia may need USSI.I trillion (551.77 trillion) of investment by the year 2010 to meet the rising electricity needs of fast-growing economies. A study by consultants Arthur D Little, released yesterday, said: "This investment for power
    Reuter  -  390 words
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  • Shipping Times
    • Article, Illustration
      NOL, NYK to offer faster services to US west coast
      453 29  -  By Rahita Elias SINGAPORE Cargo shipped on two joint services offered by Neptune Orient Lines (NOL) and Nippon Yusen Kaisha (NYK) will arrive in the United States between one and two days earlier from next month. The partners' Singapore California
      453 words
    • Article
      Lock icon Piracy hotspot moves to triangle of China, Philippines, Hongkong
      580 29 Reuter LONDON Piracy, the ancient scourge of sailors, has disappeared from many areas of the world but it still strikes fear into the hearts of crews in South-east Asia. Maritime officials here say that despite a decline in reports of attacks
      Reuter  -  580 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      857 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bangladesh L Tries 5 3/4 Bangladesh Shpg 9 3 •Bank Line.
      857 words
    • Article
      Anzecs consortium considers renewal of agreement
      446 29 BASEL, Switzerland The consortium agreement of the Australia New Zealand Europe Container Service (Anzecs) expires at the end of this year and talks on its renewal have been in progress for some time, reported International Transport Journal recently. The members of the consortium are:
      446 words
    • Article
      Lock icon Shipbuilding orders fall in first quarter
      262 29 Reuter LONDON Shipbuilding data for first quarter 1993, published by Lloyd's Register, showed the world orderbook was at 33.6 million gross tons (grt), down from 37.3 million grt at end-December 1992 and 43.1 million grt a year earlier. Orders not commenced dropped below the
      Reuter  -  262 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        714 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure ilirong Port Raman Perka It 93 POIC alongside 24 Ob 2200 Crane Hope 3 MS alongside 25 05 2300 Sirac laya 10 93 P06 alongside 24 05 1700 lion Valour II? alongside ft 05 0300
        714 words
      • Article
        CONTAINER SCHEDULES
        1726 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin(/Balance RsJts Ship Voy No Etb/Btr Period From To From Act S«an 67* 26,1500 3 25 0700 25 1159 25 1400 4 25,1200 25/1459 25/1700 Alh Triumph ***** 26 0900 1
        1,726 words
    • Article
      THE SHIPPING GUIDE
      10124 38 This is a list of ships loading at Singapore lor ports around the world. It tabulates, b> destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND I'M: ship calls at IVnang after
      10,124 words
    • Article
      SHIPPING AGENTS
      3404 43 Wfl?l iiil in* SMttKKM (U1M Asia-North America Easthound Rate Agreement (Far East/North America, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rate Agreement (North America/Far East): American President Lines; Sea-Land; Neptune
      3,404 words
    • Article
      COURIER SERVICES
      281 43 Abacus C ouriers Tel: 545-8011. Fax: 545-1898. Air Fxpress I ravel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80 Airswift \\or Id wide Courier Tel: 278-0188 Fax: 273-8283. \JS Supplies Tel: ■'48-6322 (2 lines). 747-7421. Fax: 742-8975. C its l ink International Tel': 344-3377.
      281 words
    • Article
      AIR FORWARDERS
      1518 43 Abex Express Ereight Tel: 542-7171 Fax: *****84 Aclinic Forwarder Tel. 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 \erolink Freight International Tel: 545-8033. Fax *****05. Aen (speed Tel: 542-5911. Fax *****18. \ir Cargo Novo Express lei: 542-5454. Fax: *****06 Air E.xpress Internal tonal lei. 542-7666 Fax *****74.
      1,518 words
    • Article
      PORT CONDITIONS
      1727 44 ALBANIA Duress: One vessel discharging flour. AUSTRALIA Queensland: Abbot Point: Coal: berth vacant: 1 anchored off port awaiting cargo. 3 vessels due by May 31, no delays. Dalrymple Bay: Coal: 1 vessel loading; 12 vessels due by June i, no delays. Hay Point: One vessel waiting, 19 vessels
      1,727 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1530 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young. AFP THERE have been several pana- I max newbuilding deals coming i to light during the week. Initially J Chios Nav were reported to have j concluded 2 geared units at Hyundai for delivery early 1995 1 region
      The information was contributed by Simpson Spence & Young.; AFP  -  1,530 words
    • Article
      AIR FREIGHT SCHEDULE
      554 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA K.Z203 B747F 0145 1 NRT SI A SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 1 TYO
      554 words
    • Article
      CRUISE & FERRY SCHEDULES
      210 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Nam* of Vessel ETA ETD Ports of Calls Port Agent Telephone No > MAY 27 28 Fairstar 1800 1300 Sin-Hongkong BSA Transportation 336-9388 27 27 Continental World 1500 1900 Sin-Jakarta-Sin Uuw Sons Travel 227-8284 30 04 Asuka 0800 2300 Sin-Hongkong N.Y.K. Agencies (S)
      210 words
    • Article
      DAILY FREIGHTS
      805 45 SHIPPING freight rates on Friday, especially in the time-char-ter sector, edged higher on the hardening belief in a strong summer market for dry cargo, brokers said. Active grain chartering was again seen from the US Gulf, rates on minerals routes were firmer. and some fringe markets have also
      805 words
    • Article
      TRANSPORT DIARY
      921 45 COURSES Title: Chinese Maritime/Commercial Law Duration: May 26 Organiser: Singapore National Shipping Association Venue: Habour View Dai-lchi Hotel Tel: For further details contact SNSA at 278-3464 or fax: 274-0579. Title: Boat Asia '93 incorporating Marina Asia '93 exhibition conferences and Dive Expo Asia '93 exhibiton Duration: June 3-7
      921 words
    • Article, Illustration
      Lock icon Paris sets the stage for a flying start
      968 46 About 1.570 aviation firms will take part next month in the 40th Paris air show, which is expected to attract 400.000 visitors Flight International AIRI INI R manufacturers will receive more attention at this year's Paris show than at any of the
      Flight International  -  968 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Federal study of airlines may mean turbulence for stocks
        708 48 Investors to watch commission's agenda closely NYT NEW YORK The 15-mem-ber panel appointed by President Bill Clinton and Congress to resuscitate the loss-plagued airline industry is perhaps best described as a double-edged sword with no handle it may help, it may
        NYT  -  708 words
      • Article, Illustration
        Airbus gets 24 firm orders in March, April
        561 48 Two Chinese carriers among Airbus' new customers SINGAPORE Airbus Industrie clinched a total of 24 firm orders for its aircraft in March and April this year. These orders comprised 16 new firm orders and eight previously undisclosed orders from six airlines, of
        561 words
      • Article
        Lock icon Kuwait Airways seeks loans for new craft
        161 48 Reuter KUWAIT State-owned Kuwait Airways Corp (KAC) said it was seeking loans totalling USSI.3 billion (SS2.I billion) to finance the purchase of 18 Airbus Industrie planes. The Kuwait news agency KUNA on Saturday quoted company chairman Ahmed alMeshari as saying the purchases would
        Reuter  -  161 words
      • Article
        Lock icon Bright prospects for aircraft sales in Asia
        192 48 Bernama KUALA LUMPUR The Boeing Commercial Airplane Group last Saturday said the Malaysian government's proposal to allow a second international airline is indicative of the tremendous growth in air travel and cargo in the AsiaPacific and South-east Asia in particular. Paul Dubeck, BCAG's
        Bernama  -  192 words
      • Article, Illustration
        SIA offers in-flight fax service
        218 48 SINGAPORE Singapore Airlines, which is aggressively wooing business class passengers. has expanded its office in the sky service. Passengers on Singapore Airlines' 8747-400 Megatops can now send a fax anywhere in the world while in flight. The service was introduced recently on a London-bound Mcgatop
        218 words
      • LOG BOOK
        • Article
          Lock icon Japan shipbuilding shares higher
          96 48 Reuter TOKYO Japanese shipbuilding shares extended gains on the Tokyo Stock Exchange in morning trade yesterday after Friday's rises on speculation of increasing demand for liquefied natural gas (LNG) tankers, brokers said. Most heavily traded Hitachi Zosen Corp jumped 13 yen to 616 yen, Mitsubishi Heavy
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          Lock icon Suzuki's pre-tax profit falls 3.2pc
          126 48 AFP TOKYO Japan's Suzuki Motor Corp said yesterday its unconsolidated pre-tax profit edged down 3.2 per cent from a year earlier to 20.5 billion yen (***** million) in the year to March. Japan's major minicar maker said net profit also fell 9.6 per cent to
          AFP  -  126 words
        • Article
          Northwest takes punctuality title
          85 48 SINGAPORE Northwest Airline has retained in March its title as the on-time leader among the seven largest US carrier. According to the US Department of Transportation figures. 77.5 per cent of the carrier's flights in that month arrived within 14 minutes of published schedule within the
          85 words
        • Article
          A340s to be added to routes
          103 48 SINGAPORE Air France and Lufthansa will soon use the A 340 on more routes. According to Airbus Industrie, the French carrier plans to add other destinations in North America, including Montreal, followed by Mexico and, later. South America and Asia. Lufthansa also plans to
          103 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1726 48 ETA FNght ETD City F%M ETA F1|M ETD ppn GA893 1335 GA984 0150 QF6 1845 SQ26 LH773 2355 2359 bia■ QF81 1940 QF82 2055 SQ989 1700 Amsterdam RJ182 GA893 KL837 2200 1335 1445 SQ320 GA974 1100 Geneva SRI 83 2105 2215 6 II Milken CA978 0930
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      16 29 If you want it thereJ yesterday,... Jr... Fly it us today k .■s:&. I GRIFFIN KINETIC-*****33
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      26 29 Lines and services represented by Members of the Registry of Accredited A Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      182 29 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Stage set for Paris air show, Page 18 Panel's study on US airline industry, Back Page INTRODUCING EXPRESSRAIL'S EXPANDED ON-DOCK SERVICE. Seamless, on-dock transfers are only part of it The Port of New York New Jersey offers the most
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      498 30 TSKUNE AGENCIES (S) PTE. LTD. r W VWTVI Tel: 226-3363 J. 3#JX« JJJ\JCf Fax: 226-1972/3 Tl x Rs *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXTORTS TO HOH6KOH6. MANIA. TAIWAN t JAPAN "TWICE WEEKLY" I OPTBOWC «0» Htt. 101 Iff I IK I IK IK MO Kg
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      1461 30 P««CT TO OM WW COAtT («C»-«TO« C»UfO««A CTWWI 1 TO t*»T MBMTBWAWMM (WILL CO«TA—» tOIYICTI JSSO 80 iSH Li M 1 P*L !W1 tffi ffffi E W'H> JtSfi «n m iim rwAtus btmml Mimna* rr sm unww kkut mwa b« cowiwa w CAtfORMA RjPfTIR 64 262/5 13C IS ft 186
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      2232 31 WmtQ AGCMC,EB re?^ B !S^L A W^7^^x"*****342 DOCUMENTATION TEL *****64 FAX *****09 1 FS TEL *****6 BOOKINGS TEL; *****80 *****81/ *****82 £0« TEL: 5«703.41 FAX M 2706 CFS (PSA F5) TEL: *****21/ *****79 SAHRII TEL 07 *****0 FAX 07-*****9 CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL 07-*****0 FAX 07 *****9
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      2057 31 FRANCE/ITALY/PORTUGAL/SPAIN NEXT SAILING LIGA MAERSK V. 9306 ETA SIN 27TH MAY 1993 Vessel Voy ETA ETD Feeder by Sea Aries DESTINATIONS This week MC-MNNE v MAERSK 9306 01/06 oeoo MRS lIBtpHHI Hi HHg|Mmjg|||g||||mH CFS 31/05 2359 MRS JOM LPK PEN OAK IGB MOU MEM ATL MIA CHS BAL PML NVC
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      1631 32 AQABA R DAM/ lI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA MONTE ROSA 24/120 26/5 13/6 16/6 '4/6 Port Kelanq Penang KATSURAGI 15/320 29/5 7/6 13/6 16/6 19/6 21/6 23/6 Pasir Gudang ~iUii 16/121 2/6 18/6 21/6 19/6
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      582 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow. Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea t Vietnam Mongolia Hungary CSFR t Poland coarrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE CANOPUS
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      1365 32 Krlaaaaaifl uai' REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY ARABIAN SEA 319W 25/05 16/06 23/06 24/06 21/06 23/06 24/06 25/06 26/06 27/06 I CHINA SEA 320W 01/06 23/06 30/06 01/07 26/06 27/06 29/06 28/06 30/06 01/07 I NOftASIA AL MUNTA2AH 9321-3 08/06 30/06 07/07 08/07 04/07 05/07 06/07 07/07 09/07 08/07
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      2204 33 6 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppef Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE KtaAiltiiakfillUAillEiliHAiHAHAAdAMMaH /aPEp (A SERVICE OF CHINA NAVIGATION CO) cargo out sais Omim STRAITS PR 101 Vl4t Muau lib 24 25 May 26 May 27 May FCI ICL CONTAINER
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      2835 33 i SINGAPORE AGENT: PXtCI I P4O Containers (Singapore Agencies) Pte Ltd M 4XV/ VjUllLdlllCX 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V r CR Number **********0Z EXPORT IMPORT VESSEL VOV "WW 'PKG sS ALG SOU ANT
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      769 34 I INDONESIANAfIONALLiN^^^ TO EUROPE m m I YOT Stout MXM ton HBWcl BK>W I *WTW»y SOI WIJATA 3/WB 26 7 27/7 1/1 5/» IP'S TO m FUi4gCgFnMNER EAST COAST FOOTS VSL VOY PKI STOW SYD WLB WIS flit ADEI AMIO ASIA m 315 30 5 13/8 IS/S MMO lEMASEK 55S
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      2289 34 (g) HANJIN SHIPPING FM wi S«n UK HAUL SEA POX IDS VSL SK |LME HAUL SAV lIM NYC FUNJIN KAOHSHMG 012E 2/5 O.ECT 17/6 19 6 NWjl MOWMK WJE 27 5 H *«TY0«I MX 1/7 2/7 4/7 HANIIN ELIZABETH 008E 3 6 DUECT 24/6 27/6 HANJW EIIZABETH 008E 3 6
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      1534 34 d I rl Ipki is mc uc u wi o» m w t»o i*« chs ui mc iw mm rom n» «c pso aw pki sgp I I Gun H 044 25 5 24/5 31 5 2 4 4/f 7/4 l/l 10 4 U/( 12/4 14/S 25 i 7/7 9/7
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      1988 35 II SCX: 'CALIFORNIA JUPITER 64E' ETA SGP 26/05/93 I II ggg Il ARRIVING LOS ANGELES 13/06/93 IN 17 DAYS II II AEX:'NEPTUNE PEARL 09E'ETA SGP 02/06/93 I ■I y II ARRIVING NEW YORK 25/06/93 IN 22 DAYS Singapore California express {sex) iBWIWrM If AMi POINTS I TOCAUFOKHU-UtOULF-IMJUtDIVUm-ATUIITrCVUimj I U FEEDER
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      1062 35 swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—MSCHARQNC WtSTBOUWD-tOApiwG TRANSUPPED VIA ROTTERDAM
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      1723 36 V** AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (C* No: **********0 M) I TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I W T MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 M All INDONESIA: P.T. SAAANA LAUTINTERNUSA. TEL: JKT *****76.
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      1105 36 PHILI OniCNT LIN€S PT€ LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 28 MAY SYDNEY. MELBOURNE. BRISBANE. FREMANTLE I 26 MAY AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH
      1,105 words
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      923 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSS:m*MM— 140 Cecil Street, #03-00 PIL Building, Singapora 0106 I BSSSS>O CR NO **********0E I I VESSEL VOV «IN HKG SIN CMS J» HOO JEO AOJ I KOTA BINTANG KBT2ON 30/8 S/6 22/6 ">• I KOTA WIJAYA WJAO2S 2/9 l/l 11/6 212 4/7 I
      923 words
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      1230 37 AUSTRALIA SOUTH ASIA SERVICE I EXPORT: TO AUSTRALIA IMPORT: FROM AUSTRALIA ttSSU MK WIT SW STB Mil ttSSU WAX WT STP Mil SW fKI TEN 'XT "SHW OIAMJU 143 21/05 U/M 14/00 01AMDM 540 01/05 04/05 U/05 20/05 22/05 22/05 23/05 HI C*JU 144 00/00 20/00 23/00 HJ CICW 541
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      321 37 BSA 4 M MYANMA P& FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pen P.Gd| HARM* V472W 26/21 hUy HPA-AN VI9IW 30/ 1 km PAGAN VI9IW 2/ 4 lun MALAYSIA AGENTS BOUSTEAO SHPPWG AGENCES KUI. TEL 03 *****00 PKL TEL 03 3M6767 PEN TEL 04 *****5
      321 words
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      2737 40 t Full Container Liner Services min** *f»>- i*w»i </«" General Agents: Booking Agents: Gusn Guan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhi P-T- Global Ruin Indonesia Maritime Costar Shipping Pit Ltd Shipping Froigkt ImUii Contra Sdn Bhd 58 Persiaran Raja Wuoa Wusa Lot 3 34. 3rd Floor. Jl IR
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      681 41 nipping l imes, luesday May is 1335 FAMOUS CONTAINER LINES _JMwSi 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 31/05 ROTTERDAM 26/05 AARHUS/COPENHAGEN 31/05 HAMBURG/BREMEN 31/05 MARSEILLE/FRANCE 27/05 FELIXSTOWE/UK 31/05 BARCELONA/SPAIN 27/05 LEHAVRE/FRANCE 29/05 GENOA/ITALY 29/05 ANTWERP/BELGIUM 31/05 LOS ANGELES/WC/IPI 27/05 SYDNEY/MELBOURNE 28/05 NEW
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      741 41 r^^TICHFIELMIARIN^GtNCIEMS^T^TO V TEL: *****33 (12 Line*) 2 FAX: *****15/*****03 Pi TELEX: RS ***** RISHIP (3 Line#) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia* ACCEPTING FCL AND CONVENTIONAL VESSEL I WO* ETA LOADING FOB SPORE ABvOT 32M8 06 06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA AMDINET 31MB 21 07 DARESSALAAM MOMBASA DJIBOUTI
      741 words
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      683 41 JAKARTA BANGKOK KtSML W 1 IT TO WW SWGAPORE BARBHK RAIA BHUM 78S In Pt 25/5 NANTA BHUM 142N Sal 22~ Wed 26/5 ISRA BHUM 035 22/5 2675 CHAIYA BHUM 36N Sun 23/5 Ihu 27/5 THANA BHUM Hi S7i WT~ DEIA BHUM' ?9N lue 25/5 Sat 29/5 MA HA BHUM
      683 words
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      343 41 asapa ran-unt BAY OF BENGAL SERVICES KSSU VOt S« Ml S* TIGER SIM 6W< 27-?» 05 03 04 06 10-11/0 i Ctff BON*VIST* 2HH 102 06 0» MO6 IS-IS/0S I TIGER MWtOK 69K 02 03 06 M 10,06 16-17/06 TIGER BftDGt 2MN 07 0« 06 I*-15/06 21 22/06 I TIGER
      343 words
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      1608 42 PjfclMN CONTAINER LINES :l-N=/\"l A 9 entB: MAC-NELS SPORE: *****22 (24 LINES) J"! W VUC/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK GOTH/UKC/MED PORTS \I PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 5/5 26/5 27/5
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      239 42 m BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SM N Z STAR 7S 26/5 6/8 S/6 25/6 PREMIER 24S S/6 21/6 23/6 8/7 MJST STAR 87S 17/6 29/6 1/7 17/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW
      239 words
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      981 42 THONG SOON UNES PTE. LTD.] 77 ROBINSON ROAD #15 00, #16-00 SM BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** iENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO SARAWAK VESSEL VOT S'POtE MST VESSEL VOY SPORE PEST EQUATOR 111 89/3E 26 MAY
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      53 45 -—j Tfie Executive Housekeeper -this hotel 1 O I I wants >s me. But I'll never neglec4l Any Job. any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU
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      21 45 \Cw*' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. rr Business Times WE KNOW ASIA
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      730 45 TODAYS TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 I*oo 1900 2000 2100 2200 2300 at 3.1 3.2 3.1 2.6 2.0 1.4 09 06 04 0.5 07 1.3 1.1 2.2 2.4 2.4 2.1 1.7 1.3
      730 words
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      1195 46 NORTH PHILIPPINES FULL CONTAINER SERV CE HfL FREIGHT MANAGEMENT VESSEL VOYAGE SINGAPORE MANIA VIGOUR SINGAPORE 54N8 28/05 93 05/06/93 GENERAL: *****11 BOOKING: *****55 *9 VIGOUR SINGAPORE 54ANB 31/05/93 05/06/93 \A/A An I IMC VIGOUR PACIFIC 19NB 04/06 93 12/06/93 WW LillMC VIGOUR PACIFIC 19ANP Q7/Q6/93—. 12/Q6/93 HA CAIITUCDU CCDUIf*E PORT
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      960 47 A HYUNDAI 1 MERCHANT MARINE CO.^D. WESTBOUND TO EUROPE VESSELS VOY PNA PKE PGO VESSELS VOY I siN RTM AM* LEW HAM BKEj fEL~ HMM ADVANCE ISA 18 0519 05 20,05 OOCI CHARISMA 305* 23/05 11/06 11/06 12/06 13/06 13/06 15/06 NORASIA MALACCA 9320 A 25 05 26/05 27/05 H.
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      501 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO 4 HEAVY LIFTS IHBOIIND VESSELS «s«i w sp n «ic liau CJMO ASM II SM li Pt ORAIKI OCt4* IM hPt ■WHS- SIKI DACOTA IS 2I S M S SIR I AREISM T$ I CNAMnOH TRAOCR 31 M ll— SMI UCIVA IS MS
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      1156 47 T OUR USA in"!* Inn |m |Ui»o in>« Imi M liu low Inou Im [cn |*o» |«nc SERVICE CALLS EM 0 COI »w ■Kit W» I 22 OS VIMTOi liurn (14K4 2*77 iT* li MUMItMItO«HOt 17 Ot II 0* SINGAPORE »wi »<m »tMw »iuau« con—us »n«) miw not ot nw230t21
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      4 48 Tomorrow in Business Times
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      46 48 CHfS^rmCTMENT^I ■Tomorrow in Business Times Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's mile& ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      46 words
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  • BANKING FINANCE & INSURANCE '93
    • Article, Illustration
      A silver success
      281 49  -  By S N Vasuki -g was a year when the world I lived dangerously. Asia was no exception. The Vietnam war was at its peak, racial and political tensions rocked Malaysia and Indonesia and foreign investors viewed South-east Asia with trepidation. In short, 1968 was not the
      281 words
    • Article, Illustration
      Lock icon Living with global giants
      1044 50  -  Interview with UOB president and ABS chairman Ernest Wong Alvin Tay finds out about a Big Four bank's plans to grow at home and in the region Alvin Tay The writer is BT's News Editor WHEN the Singapore financial supermarket turned 20 in 1988, the Big
      Photo by Arthur Lee  -  1,044 words
    • Article
      In defence of Singapore's local banks
      473 50 ERNEST WONG was surprised to hear of the charges hurled at Singapore banks by local companies for refusing to finance overseas projects. "1 have also heard complaints about Singapore banks not supporting local companies in Singapore as well," he said. "These complaints are not
      473 words
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      Putting that money to good use
      812 50 Two baakers explain why tawkbanks have been busy filling their coffers AN often-asked question from investors and analysts is: Why are Singapore's locally-incorporated banks raising so much money? The six independent local banking groups DBS Bank, United Overseas Bank, OCBC Bank, Overseas Union Bank.
      812 words
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      At the right place, at the right time
      1555 51  -  Interview with OUB president Peter Seah The catch-word among Singapore banks is regionalisation. Peter Seah. president of Overseas Union Bank, tells Alvin lay about growth opportunities in Asia Alvin Tay The writer is HT's News Editor SINGAPORE-based banks went international long before
      1,555 words
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      Lock icon Growing from strength to strength
      2010 52  -  Over the last 25 years, Singapore has firmly established the Asian Dollar Market for offshore currencies. And to meet the challenges ahead, the Republic is playing up all its strengths. Joyce Quek reports Joyce Quek The writer is a senior BT correspondent WHO COULD have
      Source: Monetary Authority of Singapore  -  2,010 words
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      Lock icon A world player to be reckoned with
      2077 54  -  Having taken 25 years to reach its current position, the Republic must gear itself for new challenges in the next 25, says Clemente Escano Clemente Escano The writer is senior vice-president (treasury division) of Keppel Bank. He is chairman of the Singapore Foreign
      Source: MAS  -  2,077 words
    • Article, Illustration
      Another record year for Simex
      816 55 1992 was a record-breaking year at the Singapore International Monetary Exchange, which experienced unprecedented growth in volume traded, open interest positions, membership and seat prices SIMEX's trading volume in 1992 soared 1(H). 7 per eent over the previous year to reaeh an all-time high of
      816 words
    • Article
      Big Four seek growth overseas
      813 55  -  Lending opportunities in Singapore slowed down further last year, as evidenced by the loan growth of 8 per cent compared with 14 per cent in 1990 and 10 per cent in 1991. Domestic banks are thus pursuing growth opportunities overseas, says Sunil Gupta Sunil Gupta
      813 words
    • Article, Illustration
      The rise and rise of Singapore's skyscrapers
      881 56  -  Taller is better, that's what bankers seem to think. Sylvia Wong reports Sylvia Wong AS Shenton Way sights go, multimillion dollar skyscrapers are now a dime a dozen, vying cheek to jowl to be the tallest and most sophisticated building. But there was
      881 words
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      Lock icon New kid on the banking block
      239 57 OCBC CENTRE: The $100 million project held the record for the largest banking lull in Asia outside Japan when it opened in 1976. It also had the distinction of being the tallest building in Asia outside Japan. The project was said to be the
      Pictures by Arthur Lee  -  239 words
    • Article, Illustration
      Bangkok enters the fray
      1496 58  -  How attractive is Bangkok as an offshore banking centre in South-east Asia compared with Singapore and Labuan? Teng Ah Too andf Teo Lay Sim make an assessment Teng Ah Too ana Teo Lay Sim Teng Ah Too is a principal of an accounting firm and Teo
      1,496 words
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      A model path to follow
      1750 59  -  Liew Choon Wai on how Singapore banks can learn from their Swiss counterparts Liew Choon Wai The writer is a partner of an international accounting firm SWITZERLAND is a highly industrialised country, economically rich and politically stable. Since World War 11, it has become a
      1,750 words
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      Indonesian banks still reeling from Summa trauma
      929 60  -  The banking fiasco could be a blessing in disguise, says Maggie Ford. It could produce a more professional sector Maggie Ford The writer is BT's Jakarta correspondent The delivery of a coffin and a funeral wreath on May 12 to the Jakarta house
      929 words
    • Article, Illustration
      Happy days are here again for Malaysian banks
      1079 63  -  Leslie Lopez reports on the debate in the Malaysian banking community over whether the country's central bank should deviate from its role as regulator and adopt a more active trading strategy Leslie Lopez The writer is BT's Kuala Lumpur cor respondent THERE
      1,079 words
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      Driven by the dragon
      1214 65  -  Hongkong banks will continue to thrive owing to the economic boom in mainland China, reports Catherine Ong Catherine Ong The writer is BT's Hongkong correspondent THE Hongkong banking sector enjoyed another robust year in 1992 and the momentum of growth is continuing into the first half
      1,214 words
    • Article, Illustration
      Aussie banks on verge of turnaround
      1327 66  -  With restructuring well in train, this year may be the turning point for banks Down Under, writes Florence Chong from Sydney Florence Chong The writer is BT's Sydney correspondent AUSTRALIA's largest banks are in the grip of staff shedding and costcutting to sharpen their
      1,327 words
    • Article, Illustration
      Mabuhay from Manila
      1271 68  -  The Philippines' banking industry is set for a major revamp, reports A 1 Labita. One of the biggest changes will be the entry of foreign banks Al Labita The writer is BT's Manila correspondent The Philippines' financial landscape is fast changing. After lifting four-decade-old controls on foreign
      1,271 words
    • Article, Illustration
      When foreign suitors come a-calling
      1117 69  -  Overseas banks are queueing up to open branches in Indochina. Harish Mehta examines the phenomenon Harish Mehta The writer is a BT correspondent specialising in Indochinese a ffairs A SOMBRE row of monks in bright Buddha-yellow robes chanted mantras at the opening of the Thai
      1,117 words
    • Article, Illustration
      Lock icon Indian stock scam shakes up banking industry
      1469 70  -  Jen Shek Voon and Surinder D R Kathpalia examine the aftermath of India's worst financial scandal Jen Shek Voon and Surinder D R Kathpalia The writers are consultants with Ernst Young Consultants Pte Ltd The economic reforms and liberalisation policies introduced in 1991
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      Financial meltdown or another bubble?
      1904 71  -  Cameron Umetsu looks at the mess in Japan's financial system and puts the issue of where the economy is heading into perspective Cameron Umetsu Ihe writer is a senior iioHomist with \I\IS Tokyo JUST last year, all one could hear were dire warnings of a
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      Lock icon International banking: A comedy of errors
      1508 73  -  Banks must improve risk management if they are to survive their industry's inevitable consolidation, argues Andrew Freeman Andrew Freeman The Economist WHEN histori- t ans come to s describe the i folly that was i banking in the 1980s, they will doubtless I recall
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      The whole world's talking about that draft
      1871 74  -  The International Accounting Standard Committee exposure draft on financial instruments has set the world buzzing. While some commend the lASC's courage in taking the lead in this complex area, others are concerned that the committee is moving too fast. Chaly Mah discusses the
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      Derivatives all set to rise in the East
      1171 75  -  Eugene Park sees a period of strong and sustained expansion for the market in Asia Eugene Park The writer is managing director of Chase Manhattan Asia Limited s Structured Derivatives Group The market for derivative products in Asia is set for explosive
      1,171 words
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      One size doesn't have to fit all
      1152 76  -  Jaidev Iyer looks at the wide variety of derivatives geared for different functions that are emerging today Jaidev Iyer The writer is head of Citibank Is Regional Financial Engineering Unit based in Hongkong THE LAST few years have seen tremendous growth in derivatives
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      The explosive growth of private banking
      839 77 Off-balance sheet and investment products which generate fees have become the prime focus for financial institutions. But competition is fierce PRIVATE banking is a growing discipline in banking since rules set by the BIS (Bank for International Settlements) have created serious question marks on
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      Private banking: A Swiss strategy
      1209 77  -  The Swiss have been in the forefront of private banking but their competitors in the world market are fast catching up. Christopher Wilson maps out the Swiss response Christopher Wilson The writer is regional manager-Far East of i nion Bancaire Privee of Geneva THE DRAMA
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      When one head is better than two
      1009 78  -  Sean Verity explains why a company, when expanding across borders, should seriously consider establishing a regional Treasury centre Sean Verity The writer is vice-president Asia InfoServ international executive of Chase Manhattan Bank AS we approach the 21st Century, many multinationals are moving towards
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      Lock icon Banks sans branches, no longer a pipe dream?
      1443 79  -  Have phone or PC will travel. US bank customers have discovered the convenience of banking without queuing at counters, report Thomas Howland and Todd Blecher Thomas Howland and Todd Blecher Bloomberg Business News IMAGINE paying bills or juggling funds while you're at
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    • Article
      Banking on Teleview
      435 79 Telecom's PC-based services DO YOU often have to manually update your account balance while issuing a cheque? Or have you ever had doubts about the status of that important payment but do not have the time to visit the bank, yet cannot wait for the monthly statement
      435 words
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      Lock icon Asian banking set to grow at scorching pace
      800 80  -  The Asia-Pacific region is a healthy turf for the industry, says Alberto Lapuz. He suggests how to be ready for opportunities that come a-knocking Alberto Lapuz The writer, based in i Washington. is the managing director of the Financial Sector Dexelopment Programme.
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      Innovation: the key to continued growth
      1178 81  -  Shoeb Kagda looks back on 1992's performance by the general insurance industry and discusses the outlook for the current year Shoeb Kagda The writer is assistant general manager of Ins Communications CARS AND foreign workers, the two biggest eontributors to the general insurance industry's
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      Banking on customers' trust
      1356 82  -  Bank insurance marketing has established a foothold in the Asia-Pacific. Steven Landberg writes on the role of banks and insurers in this emerging sector Steven Landberg The writer is managing director of Landberg Associates and this article first appeared in Asia Insurance Rex iew IN THE
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      Protecting against the loss of your key people
      1099 84  -  All organisations have their key persons. They are the human assets who generate the profits. So the sudden loss of a key person's expertise will seriously affect the organisation's earnings. A J Pathmarajan writes on how companies can protect themselves against such
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      Building your nest egg and making it grow
      1022 86  -  The logic of investment diversification is simple, says Thomas Koh. The wider you spread your investments, the lower the risk and the greater your ability to withstand downturns in any particular market Thomas Koh The writer is investment manager of Prudential Assurance
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      Some risks are not worth taking
      719 87  -  Russ Soh looks at the impact of different kinds of risks that financial institutions face Russ Soh The writer is general manager of the Singapore branch of the Federal Insurance Company FIRE broke out in the trading room of a money broking firm at
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      Watch out for the big crash
      862 87 Companies should think hard about protecting themselves against major losses from computer failure COMPUTER GAMES may be all the rage at home, but they should have no place in the office. Yet many companies are unwittingly playing a potentially dangerous and costly game of
      862 words
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      Factoring in region's future growth
      954 88  -  Choo Boon Tiong discusses the state of the factoring industiy in Asia Choo Boon Tiong The writer is managing director of International Factors (S) Pie Ltd THE factoring industry in Asia stands to gain as developing nations in the region experience unprecedented economic growth. As
      954 words
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      On-line on-time market information
      851 89 Teleview keeps investors up to date with markets worldwide at the click of a button WITH the rccent changes to the CPF investment policies, more and more people are beginning to realise that they can enhance their asset and financial portfolios further. However, risks and uncertainty
      851 words
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      So you're investing in office properties
      1825 90  -  Willy Shee takes stock of the market prospects for the region Willy Shee The writer is managing director of Richard Ellis (Pte) Ltd HEAVY investments in office properties in the earlier years have resulted in a surplus of office space in most of the
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      At home abroad
      632 91 A guide to the ins and outs of investing in residential property overseas THE overseas property markets of the English-speaking world are attracting a lot of attention from Far East investors at present. In Singapore, as elsewhere in the region, investing individuals are looking hard at the
      632 words
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      Lock icon Car loans sector still in top gear
      885 91  -  The Singaporean appetite for cars is still strong, writes Quak Hiang Whai Quak Hiang Whai The writer is a B'T journalist Despite the rising costs of car ownership. Singaporeans continue to borrow more money to buy-four-wheelers, pushing the amount of car loans raised
      Photo by Arthur Lee  -  885 words
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      A matter of (unit) trust
      953 92  -  For those looking to invest for their old age. Tan Kee Wee has a proposition Tan Kee Wee The writer is an assistant vice-president of OCBC Asset Management WE ALL start off as savers of modest means. But if we leave all our money in
      953 words
    • Article
      Lock icon Burgernomics binge
      922 92 Here are some PPPs to chew on The Economist IT IS TIME for our annual burgernomics binge. The Economist's Big Mac index was first launched in 1986 as a rough and ready guide to whether currencies were at their correct exchange rate. It is not intended to be
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      Will the S'pore market end 1993 with a bang?
      1233 94  -  A bull party all the way to 2,150 for 1994-95 cannot be ruled out, says James Foo James Foo The writer is general manager of AIMS Singapore Towards the end of 1992. after almost three years of directionless rollercoaster moves, the
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      Niche marketing at HKBank
      471 95 Faced with stiff controls from the Monetary Authority of Singapore to restrict credit card spending, banks now have to stretch an extra mile to attract more cardholders if not just to retain them. In an interview with Hongkong Bank's manager of card products centre. Dilip Kothari.
      471 words
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      Amex's strategies for different markets
      354 95 CARD COMPANIES have shown a keen interest in expanding their business in the Asean countries, especially so with their healthy economic growth rates. Peter Ellis, senior vice-pres-ident of American Express in Asean and South Asia said in a forum that the Asean market is a
      354 words
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      Mastercard: more than just a credit card
      290 95  -  Kooi Cho Teng gives an update of the latest activities by major charge and credit card companies Kooi Cho Teng The writer is a BT Journalist MASTERCARD International has been keen to establish itself as a means of payment instead of a traditional
      290 words
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      165 49 Exclusive interviews ERNEST WONG (left), president of UOB and chairman of Association of Banks in Singapore, on why local banks are raising so much capital. Why the playing field is not level when foreign banks compete with local banks. PETER SEAH, president and chief executive officer of OUB, on competition
      165 words
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      185 50 The Key to Performance. This is the key virtuoso performers use to unlock Steinway Grand no. 500.007 in the Hamburg Concert Hall. The nineties promise to be a decade of turbulence. At all events, rapid change is on the cards. You'll have to cope with this change. And secure your
      185 words
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      40 51 —-1- Turn here to open doors. I lIBP J!*flWr- I .a I u** -qjs ¥j?%- I K M I "Iffiii "1 b JK J|bIeNDED SCOT m ft. J iVil T i 2 -3? j t CMpp fIH f^H| n.iiiijyyjLj,, I
      40 words
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      172 52 Across the Asia Pacific, 2y Overseas Union Bank Group brings U opportunities together. PV you business opportunities you need the th e H From Beijing to Bangkok, Shenzhen y |V «<—Lumpur, OUB has a finger on the +r*m pulse. Vou can to us for advice on what to invest in,
      172 words
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      304 53 WEVE BUILT IN SINGAPORE MORE THAN A EVERLASTING T REPUTATION H FOR BEING NO.I MM IN LIFE INSURANCE. The new AIA Tower in Robinson Road will be and say. "I helped to build this building." quite remarkable. Its nice to know that we're Singapore's leading life To the passer-by, it
      304 words
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      161 54 Jlje FXLA holder. Are vou?" Practically anyone can now invest in foreign currencies. With just US$ 10,000 you can open I3aiik of East Asia's Foreign Exchange Leverage Account (FX LA) which gives you access to the global currency markets at the touch of a telephone day or night. What's more,
      161 words
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      262 54 Nitsuko DX-E AX SERIES Ktyphonis of th» Futurt e&imU When everyday you need to speak with your Clients, Customers or Business Associates. 1950 i——- When you need to talk continuously on the phone. 1900 I Where constant exchanges with your associates 1850 J 9" or Clients is imperative to a
      262 words
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      381 55 I MULTI I I THAT COOLS UP TO I I 4 I I SUITABLE FOR I Sanyo's new range have been designed H I modern I look good in any home, office, restaurant or retail interior. H I Whether you need to cool up four rooms I 9 Sanyo's powerful
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      202 56 I lyl f "3 'A Jl^^HKilNlH^H a^MKll^H >*.< ,i^.•,*•'•'• r %>^-A' «jMBHUbL^; ,r .j|*>> >?* < L f t- j^^^BMßßK^fllaiisas^ ffy A 1 T^S ,j TP'" iMI i imWBfP T^l^g t'V^JHR^' 9 I'Jiiit&t-*■ IWMMR -~j# |||MH^^^^^H *«»-T/i£fe Mif >Br -fr v If i"± -;U F' 'jl .1 L ■-?<*&?'• jM
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      54 57 jj§ DON'T '0- CRACK f UNDER PRESSURE 1 mi, i——— The 4000 quartz series. I Unidirectional turning bezel. Scratch-resistant sapphire crystal. End of life battery I. indication. Double protection I' screw-in crown. Waterresistant to 200 meters. I Lp |Tjfc[ TAGHeuer SWISS MADE SINCE 1860 I Official Timekeeper of the L|^£J
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      50 57 j ALFRED DUNHILL rim in The Dress Belts. r7Ar {//r~r(/ t/r~exx (>r/t*, wit A ftit7«</«f/y i/e*iytte<f AucA/e* Aa*</cryifi*</ fm>m «»//</ Art! a*, arr y<>/</ J>/atetJ ant/ com^/emmf**/ Ay a /m,rurtouA utttf com/r>rf<tA/r ca// xtmfi. Visn AuhdDvnviii Ai Palms RrsAronMi. Hiito*. Intmnatk>nm And Liadis<. Di>a«tment Stcwes L— (//ma/C'V fo freawrt' >\wcc
      50 words
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      193 58 Hso» 1| ill of business n ftlluJing *hoct I < t.! lip 1 -7~. w-te-me-rise'/ w1: to make a Egl ,-f j<i; v cuS'toifl*®' iz® J*, customers wid Bl M l compan L m ore a m2rMW ones *to costomerise 1] V vustomerize B^' M Nobody can accurately predict fessionals
      193 words
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      354 59 MISSING FILES, PRONE TO VIRUSES, COMPLICATIONS? TIME TO SEE A Specialist. |^j^'...jl It.* I H flfl M iir >i i i i H I >•• gg SGSMU mi Here's the remedy to all the problems you face with your filing system. The Canofile 250 has no equal. Even a PC
      354 words
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      233 60 A Banker's Tale. 4 With twenty-two branches in Or ACUfacilities like leveraged Singapore, you would expect us to deposits and foreign exchange have a considerable amount of margin trading? swish. And when you visit Malaysia, In our tail, as well as our tale. it must be reassuring to know we
      233 words
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      136 60 MARITIME ft] CHALLENGES^ A Special Business Times Supplement June 29,1993 The maritime industry i$ a key element of the Singapore and regional economies. But maritime companies face stormy seas. Shipping lines are plagued bv depressed rates and over-capacity in some markets. At the same time, oil spills have focused global
      136 words
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      322 61 lies, luouaj, L eM 1M» AT LAST, ON LINE TRANSACTION PROCESSING f i COMES TO UNIX. Number crunchers have long admired the tremendous a client-server environment. Enabling you to process which has since been adopted by more than 40 companies power of Unix. So, too, the immediate advantages of On
      322 words
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      191 62 How To Give Your Financial Controller A Complete Breakdown. M <rn> ÜBhfc. :./1 i^fc.-•-» **+2**'-* sfi fZ --3 x P »*s?** Easy. Give him a Quarterly Management Report. And, believe it or not, it'll give him better control and lighten his job. You see, only the Quarterly Management Report from
      191 words
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      48 63 Sole Agent and Service Centres: SI I.VA ROYAL PTK ITD. 250 North Bridge Road #15-01/02 Raffles aty lower Singapore 0617. Tel: *****62. I»th Hr Bangunan Hong Kong Bank 2 Ixboh Ampang ***** Kuala Lumpur Tel: *****73 126 Buniah Road Unit 147-148 Penang PI a/a ***** Penang. lei: *****1
      48 words
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      254 64 Get the International Calling Card and save! "^^MBMBiWnn^T^iPVir^lLM ihFTWßreßrnll^^r^i .-l(fr JS- tm <5 J .My -v 5■ t m¥ t f! j i| 1 p* •>*' '"wIS M a IP Kii i flott ir tiH b» v tf h w f' jfc 1 ggfj sjfl J I fc* V A
      254 words
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      174 65 Moving A Financial Institution Is Not Something \ou Do Everyday. At Richard Ellis, however, we have successfully relocated so many financial institutions that it has become one o( the specialised services we offer. (Last year, incidentally, we were square I \X4 understand your very V He' As in the case
      174 words
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      100 66 ~CI?LWfr Jljl jW»W^T> 1"| V-'.T- v J yIM <V ihr w&i: A/<-. f,-?***■*» M v i 3 f- 1 V t 1 ■-i' T I red boan atatata. ted m h starifsA Hi tuft I Jill I wMmi recogoiiid otross aftws aro—d Jsf^\ 'ji rf>^<r->~-*) i»- t- i-t- M„,«„f, r
      100 words
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      208 67 THERE' S MORE TO LIFE WITH RENAULT An Expression In Vogue your the you can hop or feature comes a canvas neatly the compartAnother feature The sharp a very for H| the you along open The four-seater headarm For the allows easy storage for Hood Up Within 15 Seconds. An
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      325 68 o/f TheSubaru family Every family is made up of different personalities. The Subaru family of cars is no exception. Ranging from 700 cc to 3300 cc, each of our models offers you features suited to your every need. All Subaru cars are designed with you in mind. Safety, performance and
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      460 69 AT DBS BfIHH. WE OFFER VOU THE FLEKIBILITV TO EHJOV MOBE FBUITFUL BETUBHB. jL+ i'>/' 1 t *r ,v >-•"• f •<-' '"^r^ s s&t Are you looking for alternative investments to diversify your new currency when your FD matures. portfolio? And at the same time looking for flexibility in
      460 words
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      132 70 Factoring Improved Cash Flow For a company to grow, you need Factors, your business could gain care of on your behalf. funds as well as imagination, a fresh impetus for growth. Like Today, we are Singapore's largest Especially if you're an SMI into the getting immediate cash advances factoring house.
      132 words
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      301 71 WE'RE TIRED OF BEING COMPARED TO IBM AND COMPAQ. Give us a break. memory expansion up to 256-MB on system board and a lust because we've carved a maximum of 43-GB hard disk storage. niche for ourselves as the total systems AH our fiieservers are certified to run Novell Netware
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      339 72 /TT^. -y jS BF/f f L j 9 Kr-Wy >a§ f i Frl Ifo ,<1 Kl Is'M v if j^^^^EXKr^k v .^^Xfi^Hl V/f w "Vk K1 Ba &S SIS?* .4 jBA V |l L^Ll wit R /m K. 1 ft£S STRIKE WHILE THE LION'S HOT. The stock market in this
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      120 73 MITSUBISHI. -4 ■w A 3f K V e S. f 7 i ™-f■'*JS r*\ *jr— *fc v <o >,-. ijt v k -.i Being lirsi is what ihis car is ahout No other m the 2 In re* class ijmu's vmi with hack-thumping 21 v.iKr, luel-injeeted \Y> perlormanc e. Ii
      120 words
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      155 74 How do you of 122 Only at Keppel Bank, we offer you one extra month's interest on your Time Deposit. At an attractive rate of 2.75% p.a. Not only that, your 13th month interest will be credited to your Account at the time of opening. That means, you'll not only
      155 words
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      189 75 history, to by From earliest beginnings, Longines has made future happen in a close technology ag/ /n Auguste Agassiz charted the destiny Longines As a forerunner, Longines provided instruments timepieces to those who f/ A» H opened new frontiers, includ- N ing Lindbergh, Byrd and I Amundsen. And Longines' I
      189 words
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      181 76 f II" S3 DBS FINANCE H B§| mm MAKING IT WITH YOU tt |i When you need a helping hand to finance your dreams, we'll be there. jm am m Jfeß F\ A At DBS Finance, we've built a reputation of helping our customers achieve Jxkkm, Kfk IEIM 4 V
      181 words
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      500 77 Bring the you wherever you go with the ASCOM Colour Cruiser Presentation Notebook lf Tne only one of its kind in Singapore. This revolutionary media tool dispenses off with messy mairkers. thp ASCOM Colour Cruiser rin 9 black white transparencies and expensive slides! And. of (ftfIHHV o ASCO iriri course,
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      135 78 IF THE EXECUTIVE IS A VOLVO DRIVER KEEP LOOKING OVER 3^3BfflfflJJßSi YOUR SHOULDER. H9^E9|HHHra|MUU||| mmmm Oil In business it always pays to keep an eye on the competition However, if he happens to drive a Volvo, make sure you keep both eyes on him at all times tifff s M
      135 words
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      129 79 BIG, BIG RETURNS ON THE NEW ZEALAND DOLLAR. Grab this golden opportunity lo cam high returns Talk to Bank of New Zealand, the people with 130 years of experience and New Zealand's largest trading hank For the latest interest rates, call 534 1450. And for pre-recorded rates, call 534 218f>/7
      129 words
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      180 79 Tat Lee Bank has more ways to make your money grow Current Account ft Savings Account Money breeds money. Fixed Deposit Account And at Tat Lee Bank ACU Deposits we offer orc CPF Investment Account opportunities than you w might imagine for CPF Minimum Sum Scheme making your savings Margin
      180 words
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      155 80 IK4 t f^M^H—rjlbiifli I 1^^ w i I ■pj^i™ —~v(j J i| i Mlnii ii ft ,^j|; m Allay wheels are standard only on 3.0 L range. m mjw 1 The lastest symbol of success; a tlHil- IS fll declaration of individuality and jja S good taste. For the individual
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      67 81 ft I Malayan Motors, in association with Britain's most exclusive luxury cars, congratulates Her Majesty The Queen. l| ji ji| The Daimler 4.0 Utre. The Rolls Royce Spirit. T f J Malayan Motors iki-l! ■k JI A Division of Wearnes International (Pte) Lta A I|* 9» *«»»VMts-«o A#l 45 Leng
      67 words
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      152 82 Jm I 'f s v j9 Jr/ m V* Ki r 5« Hfg, W** fil MMMMMMMB flMMßnaHtar||U TPlTT*^l"iT'T l iT* iiVST f»" 25rf .<"«»*-li-iT^JS*3S"CK5 -*> a gi s wwiw*«-' w| v V: 4 ri-i-ii-wrM'fiiniiiin'iim HQiU v i i' imiiß—iMwwiiii m iJpt »*4||K J j£ Bs j V II P 1
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      295 83 CONCEIVED IN MISSION. DRIVEN FOR PLEASURE. fef I V ft i rliSßiflfik. a v/trVlllßli^^^^^|Ai^^^^^^^^| §e 9 I i^| |jfgf" m IjBSBI 11> w 9k4v4 sJ® m- x IBk f lI^^BRHHMHHH^Rn^^IHRnMHHIIHIBHBBBHnRSinHnMHMHBBP^^P^^ >■■ Specifications may differ on models sold THE BMW 3 SERIES. Without doubt one of expect from BMW, the 3
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      48 84 ■juti&&&■ Tt: Exquisitely crafted. i| Elegantly presented. <Jr Design Time's corporate gifts express "^P l sB our timeless gits to capture your valued customer eternally. $$K ~~S Mi] T DESIGNTIME (SINGAPORE) PTE LTD 7 Kung Chong Road Singapore Gems Building Singapore 0315. Tel: 475 7597 Fax: 474 6988.
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      49 84 HullMilg L UclllS Fixed at 4.5% p.a.BSSS Monthly Rests for the first 12 months! B3SSB I ixcd Interest rate at 4.5% p.a. on monthh rests for the first 1 2 months \o Processing BtfflllßWffi free \alnation Home Improvement Loans up to 550.000 lor 5 years at 5.5% p.a. flat
      49 words
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      775 85 V I 1 ?r V Because this is a Hongkongßank Gold Card advertisement, we won't utter such nonsense as Win! Win! Win! We'll just simply say: Win the Saab 9000CS Ecopower. (There. Nicely understated, wasn't it?) With its 2-litre, 16-valve engine and a unique Light Pressure Turbocharger that boosts engine
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      223 86 SOTHEBY'S FOUNDED 1744 VIH P B Massive Sancai Glazed Pottery figure of a Fereghan Horse, Tang Dynasty (Estimate: L'Ss3oo-400,000) To be sold in New York, Ist June 1993 ■■■■i^HHHMKI^j^Si^KSSHSr ■^B<. v »>v < f ,c- f^K|£L^LM|i^Bfl^^| sIIhBWP Paid Cezanne: Nature SAorte sold for a record price for Cezanne for US$2B
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      280 86 Mini iiiiiiiuiiiiniiii mm hiiiiiiiiiiimiiii s[ Is ■uHIQIUH mmmmsmmm o fls r 94 THE IST REGIONAL RANKING, INVESTMENT AND CURRENCY EXHIIITION, FOCUSSING ON VARIOUS g RANKING, INVESTMENT AND FINANCIAL INCENTIVES, STRATEGIES AND SERVICES. WITHIN ITS 2 DEDICATED CURRENCY DIVISION, MONEYWORLD ASIA 94 WILL HICHLICHT WOULD CURRENCY COINS AND g NOTES, AIONCSIDE
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      166 87 c^gpgV;lf I MkjF X9l ryt a f/A With the continuing instability of many nUW l(J oLCvV On regions of the world, we at People's are constantly assessing the knock-on effects which till PVPtI may possibly be felt in this area. We are not insular in outlook and world events do
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      92 88 your INSURANCE PROTECTION, CONTACT THE STAR Bp/f EAGLE STAR k Eagle Star is one of the largest insurance H i "m ORGANISATIONS IN THE UK AND TRANSACTS BUSINESS IN MORE THAN 30 COUNTRIES AROUND THE WORLD, I fflß EM PLOYING OVER- 13,000 PEOPLE. K|| Here in Singapore, our professional and
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      15 89 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. BuanessEmes
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      167 89 FOR MORE THAN 2000 YEARS, MAN HAS BEEN SEARCHINp FOR THE PERFECT LIVE EXPERIENCE. ,_J_ NOW BRINGS IT INTO YOUR LIVING ROOM. I BP!* >'* ~-^gWiH Brm" 'x v y -^> s k >/"• ''-r- M^, ,v ffijy£j- i '.-..1„...wV... v n 4 r%g&(tf*fi&.- isSsi3i I Beosystem AV 9000 Surround
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      204 90 FOR 143 YEARS, THE WORLD'S FINEST SHOEMAKER Throughout its illustrious history, Johnston Murphy® has remained the shoe of preference for the world's most influential gentlemen. The incomparable comfort, impeccable quality and elegant styling have become a legend in unrivaled workmanship dating back to 1850... when Englishman William J. Dudley sailed
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      199 90 ALL THE RIGHT CONNECTIONS Print* External Battery Charger HH|| r— Numeric Keypad Internal Fax Modam Card Trackball Fax/Modem Car Adaptor Oi *JCI,JiiL Docking Station Network With the IPC Porta-PC P2 486SX, you IPC Porta-PC P2-486SX/120 are In touch with the best in portable TFT < Active > Colour *****5 X
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      223 91 John Hancock Life Assurance has been in the Singapore insurance scene since 1954. II U Formerly known as British American Life, we are a wholly IK owned subsidiary of American giant John Hancock Financial Services which was named after the first man to sign the feS r i t Mj
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      406 92 You obviously know the two most important things about money. How to make it. And how to spend it wisely. ,J*-~ 't' < ;<"j 7: J f* «&•> 'X+ z 7 y*- s{* sjk- '"irliis^^^^B^ .V? *»<••• > •>*'.•»-»• v.. v-„ 'i:f? ££^(Qj&f ft'-., "„":V- f~ ja. j,±.-* 4 rj,-&ry
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      605 93 DO YOU FIND Are you sure you're getting a good return on your money? Take in a PruLink Capital Account and the policyholder is not required I VALUE OF $1,000 INVESTED SINCE 1974 $4500 bank interest rates for example. Currently a savings account will pay to pay tax on the
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      102 95 ElaWilSf/f •*> n^|- V< t showrooms today and choose from over 50 excitingdesigns and colours. r^=nj A n 4ft. -r Sf**" SSSSes-,. i^ffelt I O t «s>~f "«Kirtitin£Linf. lnJir*ml V .)iiktoE«S»..l I.lil Levels. rnl l» HE VyTi 1/1 171 A\in\W it— fc" fc fi* PuiUins. Sncipft HM Lnn»oM4Ct«; Mr A
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      556 96 WAKE UP TO THE FULL POTENTIAL f UP TO OF YOUR CPF SAVINGS WITH A /h P*AA AAA J UOB CPF INVESTMENT ACCOUNT Open \bur UOB CPF Investment Account loday. You probably have heard how you can use your CPF savings t for investments under the CPF Approved Investment Scheme.
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