The Business Times, 4 June 1993

Total Pages: 46
1 46 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Friday June 4 1993 7S«
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  • 2am LATEST
    • 67 1 Reuter MOSCOW Russian President Boris Yeltsin yesterday ordered a freeze on all central and local spending from July 1, telling authorities not to do anything that could endanger 1993's budget plans. Mr Yeltsin said extra spending not included in the 199? budget would only
      Reuter  -  67 words
    • 60 1 Reuter BRUSSELS Eighteen European countries yesterday decided to try to design a common plug and socket to replace their more than 20 types of connectors a rewiring job that may take 30 years and cost more than US$l billion. If approved in a new vote,
      Reuter  -  60 words
  • Article, Illustration
    111 1 Stock market indices Thnnday Change Sill 1869.48 -20.83 KLSE Composite 735.06 -6.21 Nikkei 21.076 +384.30 Hang Seng 7.155.29 -166.94 SEI Index 832.08 +11.18 Jakarta Composite ...349.82 +3.83 CLSA China B 1.046.97 -27.35 Aust All Ord 1.7410 -0.9 FTSE 100 2.852.8 -10.2 Thursday Previoas llam close Dow Jones 3,547.08
    111 words
  • 758 1  -  From Harish Mehta in PHNOM PENH PHNOM PENH A new chapter in Cambodian history began yesterday with the formation of an interim government with Prince Norodom Sihanouk as prime minister. Hun Sen, head of the outgoing government, and
    758 words
  • 492 1  -  From Stephen Vines in HONGKONG FEARS over the rapid devaluation of China's currency and its impact on the profitability of Hongkong companies yesterday provoked one of the biggest price falls in the colony's stock market this year. The blue chip
    Source: Bloomberg  -  492 words
  • 176 1 SINGAPORE Share prices fell yesterday for the third consecutive day following sharp drops on the Malaysian and Hongkong bourses. The Straits Times Industrials Index shed 45 points to an intra-day low of 1.848.08 before late bargain hunting lifted it to 1,869.48
    176 words
  • 432 1 NYT Reuter WASHINGTON British Telecommunications pic has announced that it will buy onefifth of MCI Communications for USS4.3 billion (556.9 billion) and form an alliance to provide global networks for multinational corporations. The deal, which values the newly-issued MCI
    NYT; Reuter  -  432 words
  • 391 1  -  By Yong Row Ang SINGAPORE NTUC Fairprice will open a supermarket at Ampang Point Shopping Centre in Kuala Lumpur in December, the first overseas venture in its ambitious plan to develop an external wing. The supermarket, which will take up
    391 words
  • Page 1 Advertisements
    • 181 1 I ASIAN'S l 1 I I COMPUTER PRINTER I RIBBON MANUFACTURER I CONTENTS I Nm CompaniM Spore News 2 Spore-Msia .9.1111 Regional News 3,4,5 Financial 1213 WwW News 6.7 Ftttarw Markets Analysis 25 CW»/KLS£. SES 17.18 Edrtorial 24 Regional 15 Sports 19 World __.16 IV Lifestyle 21 Currencies 13 Advertising
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    • 28 1 Advertising Marketing Pizza Hut 's expansion strategy Pk 23 Interview with president of Keppel Bank, Pg 10 Keppel Bank's issue price is right, says group chairman, Pg 9
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    • 10 1 Hock Lock Siew M hat plans for UFA? Pji 9
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 308 2  -  By Teh Hooi Ling APART from a robust showing by electronics companies, most of the other key manufacturing industries turned in lacklustre performances during the first quarter. Still, the 26 per cent surge in electronics output was enough to propel overall economic growth to 7.1 per
        Source: EDB  -  308 words
    • 499 2  -  By Schutz Lee ONI: Oh the world's largest coffee traders has set up business in Singapore and is helping the Republic launch a coffee futures contract here. In the longer term, Hamburg-based Neumann Kaffee Gruppe AG is also working with the local
      499 words
    • 424 2  -  By Teh Hooi Ling TWO Singapore companies yesterday announced that they will be investing a total of US$B million (about SS 12.8 million) in the northern part of China. Falmac Machinery and Chan Ho Engineering will be setting
      424 words
    • 316 2 SINGAPORE MRT Ltd will be listed "in the near future" and will soon look to the region for new sources of revenue. Responding to a BT query. SMRT manager of public relations Tammie Loke said yesterday: "Now that the MRT system has been
      316 words
    • SINGAPORE ROUNDUP
      • 153 2 LOCAL exhibition firm HQ Link Pte Ltd is organising an India Trade Technology Fair (ITTT) in Singapore next year with the active support of the Indian government's trade promotion arm. At least 100 of the country's leading manufacturers are expected to take part in the
        153 words
      • 54 2 THE MINISTRY of the Environment will hold a Green Bazaar at the Marina Padang tomorrow in support of World Lnvironment day. Twenty-nine schools and non-government organisations will take part in the event, which will take place from I lam to spm. The guest-of-honour will he
        54 words
      • 27 2 AUSTRALIAN Defence Minister Robert Ray is in Singapore on a one-day visit today. He will eall on Defence Minister Yeo Ning Hong.
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      • 66 2 FIVE leading hotel chains have linked with Passages, the tre-qucnt-ll yer program me set up by Cathay Pacific. Malaysia Airlines and Singapore Airlines, from July I. the Shangri-La. Pan Pacific. Inter-Continental. Hyatt and Hilton hotels will oiler kilometre credits to patrons. I he credits can
        66 words
    • 622 2 FORMER Speaker of Parliament Yeoh Ghim Seng, who had been sulTering from lung cancer for several months, died early yesterday morning from heart failure. Dr Yeoh. who would have turned 75 later this month, was admitted to the Singapore General Hospital's intensive
      622 words
  • Page 2 Advertisements
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    • 28 2 |m"/ asked a stranger to count my cash." I V;; p,, onc SSS^^U ssrsSis&s*&s ACCOUNTS I lr vp(? hand S,STA r Nothing's to cats 1C Straits Times ™-"<* Classified.
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  • THE REGION
    • 390 3 Post-Cold War threats seen in N Korea and Cambodia AFP MANILA The US yesterday pledged to pursue military cooperation with Asia-Pacific allies in spite of the end of the Cold War because of threats posed by North Korea and instability in
      AFP  -  390 words
    • 298 3 AFP MANILA President Fidel Ramos named a seasoned bureaucrat as acting finance secretary yesterday after Congress rejected his earlier nominee in the midst of crucial talks with the International Monetary Fund (IMF). Finance Undersecretary Ernest Leung was named in place of
      AFP  -  298 words
    • 495 3  -  From John Helmer in MOSCOW THE Thai ambassador to Russia led a walkout from a meeting with a senior Russian trade official after the Russian claimed he knew nothing about overdue debt repayments and barter trade proposals from Bangkok. The
      495 words
    • 311 3  -  Frooi Maggie Ford in JAKARTA INDONESIA offers several advantages to British investors over competitive destinations such as China, including a more advanced financial system, political stability and cultural affinity so says UK Trade Minister Richard Needham. Mr Needham told members of the
      311 words
    • 440 3 Bernama KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday said a United Nations Development Programme (UNDP) report which ranks Malaysia below Israel in human development is biased and could not be taken seriously. It reflected that the people who compiled
      Bernama  -  440 words
    • ASIA NOTES
      • 138 4 UPI YANGON A US$l4 billion (5522.5 billion) joint venture between Myanmar and a group of 240 Japanese has firms failed to take off and is now in the process of voluntary liquidation. The Myanmar Concord Development Organisation (MCDO) is selling off its assets and has advertised in
        UPI  -  138 words
      • 56 4 Bloomberg Business News BEIJING More than 10 million hectares of China's farmland have been damaged by pollution, causing losses of 12 million tonnes of grain a year. Kyodo news service yesterday quoted a Chinese newspaper as saying that 1,560 sq km of grassland fall victim to
        Bloomberg Business News  -  56 words
      • 80 4 AP YANGON Foreign oil company representatives are in Myanmar to discuss how to exploit offshore natural gas reserves in the Gulf of Martaban. News reports yesterday said French oil company Total and the US company Unocal which operate jointly in a specified area about 200
        AP  -  80 words
      • 128 4 Reuter HONGKONG Governor Chris Patten yesterday visited the building site where 12 labourers died in a lift accident and said Hongkong could not build its future on dead workers. A temporary hoist, said by witnesses to be overloaded, plunged about 20 floors down the outside of
        Reuter  -  128 words
      • 70 4 AFP BEIJING The Chinese government said yesterday that it has stepped up efTorts to halt illegal emigration, even as the US Coast Guard intercepted two boats trying to smuggle 270 Chinese into California. "The public security departments have stepped up their efforts to track down
        AFP  -  70 words
    • 408 4 Reuter BEIJING Four years after the bloody crackdown on stu-dent-led protests in Tiananmen Square, China is coming full circle. The economy is roaring, Beijing's diplomatic position is strong and the problems that led to the demonstrations arc coming to the fore once again.
      Reuter  -  408 words
    • 315 4 AP BLUING Georgian President Lduard Shevardnadze said yesterday that his country has much to learn from China's economic reforms, but sidestepped questions on China's political system and human rights records. "1 have watched very closely and studied very closely the experience
      AP  -  315 words
    • 270 4 UPI UNITED NATIONS Highranking US and North Korean officials ended their first round of talks yesterday without resolving the difficult dispute on nuclear weapons on the Korean peninsula but agreed to resume today. The meeting was arranged to try to
      UPI  -  270 words
    • 374 4 AFP SEOUL South Korean President Kim Young Sam, marking his 100 th day in office, vowed yesterday to press ahead with his anti-corruption drive until a just society could be built. "A new Korea cannot be built without stamping out corruption. The
      AFP; Reuter  -  374 words
    • 180 4 Reuter TAIPEI Taiwan's Economics Ministry may ease restrictions on capital flows into and out of the country as part of the island's financial liberalisation. "There is no boundary for money. Money flows like water and it moves towards where there is profit," Economics
      Reuter  -  180 words
    • 433 5 Reuter TOKYO Japan's contentious current account and trade surpluses widened in dollar terms in April from a year ago, but measured in yen they shrank for the first time in over two years, the Finance Ministry said yesterday. Economists said the
      Reuter  -  433 words
    • 157 5 KnightRidder PARIS Japan-US bickering over specific numerical trade targets moved into the spotlight again during a meeting between Japan's trade minister and the US commerce secretary. Kyodo news service yesterday said US Secretary of Commerce Ron Brown told Japanese International Trade
      Knight-Ridder  -  157 words
    • Article, Illustration
      46 5 Reuter SYDNEY A copy of the cover of the book Dark Days, a 1941 war-time diary of former Australian Premier Sir Robert Menzies (pictured). The book backs Prime Minister Paul Keating's claim that Britain, not Australia, led to the downfall of Singapore. Reuter
      Reuter  -  46 words
    • 280 5 AFP KUALA LUMPUR Malaysia's Defence Minister Najib Tun Razak said yesterday that Kuala Lumpur has accepted in principle an Australian offer to jointly produce patrol vessels for the navies of both countries. Mr Najib said the offer, extended by visiting Australian Defence Minister
      AFP  -  280 words
    • 293 5 Bloomberg Business News CANBERRA Australia's net foreign debt made an unexpected 3.9 per cent decline in the three months ended March 31, to A$ 160.6 billion (SSI7S billion), largely because of a repayment of debts owed to foreigners and a drop in
      Bloomberg Business News  -  293 words
    • 285 5 AFP SYDNEY As it reorganises US routes to cope with sanctions imposed by Washington, Australian flag carrier Qantas yesterday announced plans to expand services to South Korea to tap into the booming North Asian tourist market. The airline said it intended
      AFP  -  285 words
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  • Page 4 Advertisements
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  • THE WORLD
    • WORLD WATCH
      • 95 6 Reuter NEW YORK President Bill Clinton's administration has delayed its push for a higher minimum wage because of worries about undermining job growth and antagonising conservatives and business executives while the president's budget hangs in the balance, the Mew York lime* reported in yesterday's editions.
        Reuter  -  95 words
      • 67 6 Reuter JERUSALEM Ultra-orthodox Jewish men travelling in a "males only" charter bus yesterday as they go to their yeshivas. or seminaries, to study. An Israeli bus company began operating special buses on a trial basis in Jerusalem for religious male Jews, travelling along routes to two
        Reuter  -  67 words
      • 86 6 Reuter BIARRITZ European Affairs Minister Alain Lamassoure warned French farmers of possible US trade retaliation if the European Community failed to ratify a US-EC oilseed agreement by June 30. "If there is no decision in the European Community by June 30. the United States
        Reuter  -  86 words
      • 65 6 Reuter LONDON Investment manager Invesco MIM Pic was fined £750.000 (SSI.9 million) yesterday for mishandling the pension fund of Mirror Group Newspapers pic, run by the late media tycoon Robert Maxwell, and other client accounts. The Investment Management Regulatory Organisation (Imro) also ordered Invesco
        Reuter  -  65 words
      • 47 6 Reuter KIEV Ukraine's foreign minister Anatoly Zlenko defended the Start-1 and Non-Proliferation treaties against attacks by nationalists yesterday as parliament debated on disarmament. He said Ukraine had to approve the two pacts and rid itself of nuclear weapons to ensure international acceptance. Reuter
        Reuter  -  47 words
    • 658 6  -  From John Helmer in MOSCOW REPRESENTATIVES of Russia's regions are pushing their own ambitions for power this week, as the rival constitutions of President Boris Yeltsin and of the Congress of People's Deputies head for a showdown on Saturday. That is the day Mr
      658 words
    • 574 6 AFP, Reuter WIESBADEN, Germany The west German economy slumped into one of the worst setbacks since World War II in the first quarter of the year. Official figures released yesterday show that the economy shrank by more than 3 per cent in
      AFP,; Reuter  -  574 words
    • 353 6 UPI LONDON Britain's Employment Secretary said on Wednesday that the government would challenge as an "abuse of treaty powers" a proposed new European Community rule setting conditions and limits on employee work weeks. Britain was the only EC member to abstain
      UPI  -  353 words
    • 313 6 Reuter, NYT MOSCOW Russia yesterday announced the first steps to settle its USSI.S billion (552.4 billion) trade debt, which has sharply reduced the volume of trade between between Russia and Japan. Russian delegates to the First Russo-Japanese Joint Economic Conference said a
      Reuter,; NYT  -  313 words
    • 61 6 Reuter TIJUANA A 350-metre timnel extending from a warehouse in Mexico to just below a new building in California was discovered on Wednesday in the border city of Tijuana, the Mexican attorney-general said. No explanation for the tunnel's existence was given, but it is in
      Reuter  -  61 words
    • 557 6 But members differ on organisation's role in eastern Europe Reuter PARIS Buoyed by a breakthrough in efforts to complete long-running world trade talks. OECD ministers yesterday grappled with the question of how to help Russia and eastern Europe make the transition to free markets.
      Reuter  -  557 words
    • 537 7 Wife's task force to remake medical system allowed to expire NYT WASHINGTON Preoccupied with efforts to win approval for his economic programme. President Bill Clinton has again postponed his proposal to remake the nation's medical system and has allowed his wife's task force on health
      NYT  -  537 words
    • 40 7 Renter EPSON, England The Queen making her way through spectators at the 214 th running of the Epson Derby on Wednesday which was the 40th anniversary of her coronation. Renter
      Renter  -  40 words
    • 241 7 KnightRidder NEW YORK US manufacturers surveyed in May reported the sharpest decline in optimism since late 1990, during the Persian Gulf crisis, according to Dun and Bradstreet Corp's latest monthly survey. D&B's Industrial Sentiment Index for the coming three months fell five points to
      Knight- Ridder  -  241 words
    • 321 7 AP COLOGNE Angry Turks went on a rampage yesterday after a tense memorial service for five Turks killed in a firebombing. Protesters battled police and smashed windows. Inside the mosque, Germany's president told mourners that the recent wave of rightist violence
      AP  -  321 words
    • 386 7 NYT WASHINGTON President Bill Clinton has decided to withdraw the nomination of Lani Guinier to head the Justice Department's civil rights division. White House officials said on Wednesday. The withdrawal is an acknowledgement that her chances of winning confirmation have evaporated
      NYT  -  386 words
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  • COMPANIES & MARKETS
    • 584 9 SINGAPORE Keppel group chairman Sim Kee Boon yesterday countered popular market perception that Keppel Bank's proposed public share ofler was too pricey. "We believe that the bank's stock is an attractive investment because of its record of strong growth
      584 words
    • 175 9 SINGAPORE The Singapore Petroleum Company expanded its oil trading activities and market share last year in spite of greater competition and the shutdown of its Pulau Merlimau refinery for maintenance. The group says in its latest annual report that the volume of
      175 words
    • 204 9 Bernama KUALA LUMPUR Yeo Hiap Seng (M) Bhd is confident it has captured a 47-per-cent share of the non-carbonat-ed drinks market in Malaysia. But in the drinks (carbonated and non-carbonated) market as a whole, the company only managed to secure 25
      Bernama  -  204 words
    • 209 9 Bernama KUALA LUMPUR Taiping Consolidated Bhd (TCB) yesterday entered into a joint venture agreement with Keretapi Tanah Melayu Bhd (KTMB) to develop 120 hectares of railway land in Sentul near here into a massive Msl billion (***** million) modern township,
      Bernama  -  209 words
    • 734 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE With the Cold Storage sale finally out of the way, it is now time for the Goodman Fielder group to make a clear statement on what it intends to do with its
      734 words
    • 499 9 MBT KUALA LUMPUR CDL Hotels International Ltd (CDL). which has just acquired the Regent Hotel, is now working towards complying with the terms imposed by the Malaysian government regarding foreign ownerships. CDL currently controls about 90 per cent of the
      MBT  -  499 words
    • 209 9  -  By Helen Chang SINGAPORE The SPP Group's construction subsidiary has won a $82 million steel piling job from the Housing and Development Board (HDB). The contract, one of the country's largest for steel piling, will bring the subsidiary's book orders to
      209 words
    • Article, Illustration
      394 9 Source: Bridge Info Performance of STII's Index stocks Jun 3 Smm IMrx '"ort talc Chat factor movers (i) Avimo 2.250 -0 010 I 68 I 34 I'AC 6950 5.20 Ccrcbos J 150 -0.050 3.85 J J6 FAN 12 400 -0 500 9.27 33 56 GF Asia 3 140 -0
      Source: Bridge Info  -  394 words
    • CORPORATE FOCUS
      • 2171 10  -  Interview with Keppel Bank president Benedict Kwek Reports by Alvin Tay BENEDICT KWEK completed his second year as president and chief executive of Keppel Bank on Sunday. The 46-year-old banker was personally head-hunted by Sim Kee Boon, the chairman of blue chip
        Photo by Arthur Lee  -  2,171 words
      • 678 10 KEPPEL BANK is still far behind the Big Four local banks despite its rapid growth in the past two years. And bank president Benedict Kwek knows it. "If you just look at the sheer numbers of the Big Four banks relative to ours, it
        678 words
    • COMPANIES
      • COMPANY BRIEFS
        • 77 11 SINGAPORE Sesdaq-listed Jaya Holdings said yesterday it would take over the financially troubled shiprepair firm SMI for $6.4 million. Jaya will pay $1,000 for SMl's entire paid-up capital of 10.73 million shares and the balance by way of a loan to help discharge SMl's
          77 words
        • 44 11 SINGAPORE Pacific Carriers has agreed to sell the ship Ikan Duri to the Shanghai Jinhia Shipping and Trading Co for U554.25 million. The agreement was made between Pacific's wholly-owned subsidiary Duri Shipping and the China Communications Import and Export Corp.
          44 words
        • 46 11 Fabian Soon and Chng Buay Huang. SINGAPORE Sun Corporation has set up a subsidiary to provide leisure management and consultancy services. Sun Leisure Management and Consultants has an authorised capital of $100,000. It has two shareholders Fabian Soon and Chng
          Fabian Soon and Chng Buay Huang.  -  46 words
        • 63 11 SINGAPORE Envi Holdings said yesterday that its whollyowned subsidiary Envi Investments had placed out 2.458 million Chuan Hup TSR 94s at 40 cents each. Peh Kwee Tee, Peh Kwee Chim and Peh Kwee Yong are deemed to have an interest in the sale, as
          63 words
        • 79 11 SINGAPORE Hwa Hong Corporation says substantial shareholder Ong Holdings (Pte) Ltd has reduced its stake from 51.162 per cent to 44.32 per cent by selling 10 million Hwa Hong shares on May 31 at $1.67 each. Ong Holdings is left with 64.77 million shares in
          79 words
        • 68 11 SINGAPORE Singapore Electronic and Engineering Ltd (Seel) will soon provide an in-house fax service for South-east Asian hotels. Under a licensing agreement with Canada's Alpha Net Telecom Inc, Seel will operate and provide the service in Singapore, Malaysia, Indonesia and Thailand. The service, which
          68 words
        • 73 11 Bernama KUALA LUMPUR Koperasi Usaha Bersatu Malaysia Bhd (KUB) plans to make a reverse takeover on a company currently listed on the Kuala Lumpur Stock Exchange, KUB chairman Hassan Harun said yesterday. He, however, declined to name the company except to say that negotiations
          Bernama  -  73 words
        • 40 11 Corrections clarifications IN YESTERDAY'S Company Briefs column, we said that OCBC warrants were oversubscribed by 4.7 per cent. This is incorrect. The warrants in question were those of Fraser Neave. OCBC managed the issue. We are sorry for the error.
          40 words
      • 1207 11 Payment Ex Books Pay (S) date close date Acma F 7.5 Jun 10 Jun 22 Jul S Apollo F 2.5 Jun 21 Jun 2S Jul IS Boustead 50* I 7.5 Apr 22 May 7 Jun 4 B Kaya F 3 May 25 Jun 9 Jul 8 C&C I
        1,207 words
      • 520 11 But most likely to remain as executives in firms Reuter TOKYO The recession has caused the downfall of a record number of chiefs of leading Japanese companies, economists said yesterday, but they are probably the lucky ones. A survey by Wako Research
        Reuter  -  520 words
      • 320 11 NYT WASHINGTON British Telecommunications pic and MCI Communications plan to invest US$l billion (Ssl.6 billion) in a joint venture that will market international business services following BT's US$4.3 billion deal to form an alliance with the American company. British Telecom
        NYT; Reuter  -  320 words
      • 311 11  -  By Genevieve Cua SINGAPORE The Hong-kong-based Swire group has entered into a joint venture to build a US$25 million (Ss4o million) Coca-Cola bottling plant in Xian, China. A supplemental letter of intent on the venture was signed yesterday
        311 words
      • 210 11 Reuter WELLINGTON Brierley Investments Ltd (BIL), the high-profile corporate raider applauded by faithful New Zealand shareholders in boom times, is now finding it easier to make friends offshore. Chief executive Paul Collins said yesterday that the company's shares have recently been moving offshore at
        Reuter  -  210 words
      • 365 11 MBT KUALA LUMPUR Hefty daily trading volumes in the last two months may warrant an increase in the operating capacity of stockbroking firms while the financial constraints may see the need for an increase in paid-up capital. Although the broking fraternity
        MBT  -  365 words
      • 495 11 UNIT TRUSTS FUNDS Mmmcmv price* jun 4 Insurance Fund IWt TlWSt Income Bond Polio 3.30 3.42 The Commerce I .11 I 4*»\J Ptlldtfltul The Savings Fund 1.24 130 PruLink Mgd Fund I.IS 1.21 S'porv Prog Fund 0 57 060 y. D i Spore See Fund 0.93 OH HAKR-DUfnipUirj S'pore Invest
        495 words
    • FINANCE
      • 629 12  -  By William Chia SINGAPORE Indonesia's most profitable private bank last year was listed P T Bank Internasional Indonesia, which had a pre-tax profit of 122.05 billion rupiah. according to a survey by the Indonesian Private National Banks Association (Perbanas).
        629 words
      • 161 12 AFP FRANKFURT The central council of the German Bundesbank held its key rates unchanged on Thursday, the bank said despite release in the morning of figures showing a definite economic slowdown in the first quarter. The Lombard rate was held at 8.50 per cent and
        AFP  -  161 words
      • 390 12 Reuter MELBOURNE The Australian dollar is likely to recover from its recent slide as commodity prices and the US economy recovers but some doubts remain, analysts said. "The Aussie has come a long way. A lot of negative news is priced into the
        Reuter  -  390 words
      • 318 12 Reuter SYDNEY A cut in Australian official interest rates is still on the cards despite recent weakness in the Australian dollar, but authorities will probably hold off until after the August 17 federal budget, analysts say. Low inflation and weak economic
        Reuter  -  318 words
      • SMALL CHANGE
        • 135 12 Reuter NEW DELHI Finance Minister Manmohan Singh said it may be time to lower interest rates on bank deposits and bank loans now that the inflation rate has come down to 6 per cent. The Reserve Bank of India, the central bank, will decide
          Reuter  -  135 words
        • 100 12 Reuter HONGKONG The local Monetary Authority might inject more funds into the banking system due to tightness caused by a heavily oversubscribed stock floating, said a senior official. TY Chan, head of Monetary Operations Division of the Authority, said "We're in close contact
          Reuter  -  100 words
        • 73 12 PARIS Foreign exchange rates should be determined by underlying economic fundamentals, US Treasury Secretary Llovd Bentsen said yesterday. Speaking to the Anglo-American Press Club, Mr Bentsen also repeated comments made several times recently that the US is "not seeking a higher yen." Mr Bentsen declined comment on
          73 words
        • 86 12 AP BEIJING A French bank, Banque Nationale de Paris, opened its second branch in the northern Chinese port city of Tianjin, an official newspaper said on Thursday. The bank is planning to open another branch in the southern city of Canton, the China Daily
          AP  -  86 words
        • 107 12 Bloomberg Business News HONGKONG Export credit agency Swedish Export Credit (SEK) intends to sell US$2OO million of three-year dragon bonds, lead manager Lehman Brothers Securities Asia said in a statement. The bonds were priced at 2:30 pm in Hongkong yesterday to yield 30-32 basis
          Bloomberg Business News  -  107 words
    • FINANCE & COMMODITIES
      • 617 13 Reuter TOKYO Nippon Life Insurance Co is making the rounds, letting hundreds of Japanese firms know about a big change in strategy the nation's top life insurer plans to sell 10 per cent of its huge shareholdings at its discretion.
        Reuter  -  617 words
      • 422 13 Reuter WELLINGTON New Zealand's central Reserve Bank, which already controls one of the world's most liberal banking regimes, yesterday proposed reducing its banking supervision so that more onus is placed on market forces. **1 think it is a tougher framework,
        Reuter  -  422 words
      • 345 13 Bloomberg Business News NEW YORK A federal appeals court has squashed an attempt by American investors in Lloyd's of London to sue the British insurance market in US courts. The US Court of Appeals for the Second Circuit upheld a lower court ruling that
        Bloomberg Business News  -  345 words
      • 369 13 Knight-Ridder TOKYO Demand for copper in Asia's major economies has begun to show signs of improving, but Chinese inquiries have slowed and significant regional market growth is not expected before late this year, say industry sources. In Japan, production of rolled
        Knight-Ridder  -  369 words
      • 411 13 Reuter AMSTERDAM Europe's oil refiners can expect a summer of poor profits now that the region's annual round of maintenance closures is over. Refining margins the gap between crude oil prices and the value of refined oil products were healthy earlier this
        Reuter  -  411 words
      • 383 13 ENERGY REPORT Reuter LONDON Opec wellhead crude oil producing rose by around 370,000 barrels per day (bpd) to an estimated 24.1S million in May although actual supply to the market appeared little changed from April. The May estimate of wellhead
        Reuter  -  383 words
      • 150 13 THE US dollar was well bid yesterday against the Sing dollar. with good buying interest seen from both corpo rates and local banks. Opening at 1.*****5. it moved up in tandem with the dollar/yen which saw aggressive central bank support. The dollar closed on a
        150 words
      • 207 13 Reuter LONDON The dollar ended little changed yesterday after a quiet session that the Bundesbank did nothing to enliven by leaving interest rates unchanged. Dealers said the German central bank's decision not to alter rates at its regular council meeting came as no surprise after a series of comments
        Reuter  -  207 words
      • Article, Illustration
        1575 13 Irude-MtrtfhleJ mhulaird atain\i S'fHirr i hip 14 tradinit pannns fig*- y.xir /W.< US$/S$ forward rates Noon June 3 s$ Bid Offer I-month I 6032 ***** :-month ***** ***** 3-month ***** ***** 6-month ***** ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa yesterday: Singapore dollars to one unit of
        1,575 words
      • 89 13 AFP NEW YORK The dollar rose against most major currencies except the pound yesterday in quiet trading a day ahead of the release of May's unemployment figures. Gold prices jumped US$5.BO to open at US$375 per ounce. At 9:lsam. the dollar was trading at 1.60 German marks against
        AFP  -  89 words
    • COMMODITIES & FUTURES
      • 1524 14 SIMEX REPORT Reuter SINGAPORE Sinicx Eurodollar futures ended firmer in moderate trade as the absence of fresh incentives and the imminent release of key US unemployment and inflation figures this week and next kept traders sidelined. September ended at 96.46 against %.45 on the IMM
        Reuter  -  1,524 words
      • 610 14 COMMODITY REPORTS Tin Malaysian tin recovered slightly from fresh record lows, supported by local and Japanese buying and a higher London mailiet, dealers said. Tin ended at M 513.17 a kg. up 10 cents from Wednesday s record low of 13.07. Volume was 12
        610 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 50 14 NEW DELHI India's coffee output in the 1993-94 (Oct-Sep) coffee season is forecast at 225,000 tonnes, up from the current year's 140.000. industry sources said. They expect coffee production to be higher in the 1993-94 season as coffee plant flowers this year have bloomed satisfactorily.
          50 words
        • 66 14 TOKYO China's exports of zinc and lead have increased sharply in recent weeks as the country's demand for foreign currency to pay for imports grows, according to trade sources in Asia. "We are not happy with such low prices," said Lu Dong Min. managing director
          66 words
        • 68 14 SINGAPORE The construction of the first-ever major crude oil refinery in Vietnam is not expected to start before 1995. pending a final decision by the Vietnamese government, officials in Ho Chi Minh City said. The US$l.4 billion project, which started a year and
          68 words
        • 65 14 TOKYO The Ministry of International Trade and Industry has forecast that Japanese demand for: primary refined lead will remain nearly steady from a year before at 303.000 tonnes in fiscal 1993-94 (April-March). In fiscal 1992-93, domestic lead demand fell 5.1 per cent from a year before
          65 words
        • 81 14 TOKYO The recent drop in London Metal Exchange zinc prices has created a problem for suppliers to Taiwan's Feng An Metal Industrial Co. a major galvaniser and alloy maker, say trade, sources in Hongkong and Taipei. LME 3-month zinc was bid US$94B per tonne down from
          81 words
    • 1639 14 Rubber MS Coi—dtty Excfcaitfe (futures closing as at lpa) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 93 132.00 132 00 132.25 200 2.850 Aug 132.75 132.75 133.25 300 5.175 Sep 0 00 0 00 134.25 0 8.125 Oct/Dcc 135 00
      1,639 words
    • REGIONAL STOCK MARKETS
      • 1092 15 -0.9 The share market closed marginally lower yesterday, with buyers focusing on industrial stocks in otherwise subdued trade. "We saw a bit of selling across the board mainly in industrials, and the gold sector was worst hit," said Bill Chatterton of Morgan Stockbroking. Brokers said the industrials were good
        1,092 words
      • 594 15 +8.59 Share prices closed higher on a late buying spurt of selected blue chips, reversing the market's slide since the start of the week. The Manila Stock Exchange Composite Index gained 8.59 points to close at 1,581.15. The index at the Makati bourse firmed 5.31 points to 1,611.92. "We
        594 words
      • 629 15 +40.49 Late buying in Financials pulled Taiwan share prices to end higher but brokers said a lack of fresh news would keep the market sluggish in the near term. The Weighted Index ended up 40.49 points at 4,342.73. Turnover was a slow T516.8 billion against Wednesday's T$ 15.38 billion.
        629 words
      • 479 15 +3.34 Late profit-taking across the board dragged the composite index down after hitting its highest level for more than two years, brokers said. "At one point, it looked as if the market was going to hit its record high since 1990. But the index fell back as profit-taking in
        479 words
      • 269 15 +8.21 Shares ended just below historic highs on reasonable turnover, with Brierley Investments and Lion Nathan leading the way. The remaining leaders were either flat or modestly firmer. The NZSE-40 Capital Index gained 8.21 points at 1.649.51 just below last Friday's 33month high of 1,650.16. Turnover was worth
        269 words
      • 75 15 14.6 Stocks were little changed yesterday, with a marginal rise in Bombay offsetting losses in Delhi and Ahmedabad. "The '(Bombay) market is expected to rise,' said Suresh Kamath of DFC Finance. The Bombay stock index recorded a gain of 14.6 points, closing at 2259.80, and the National Index gained
        75 words
    • WORLD STOCK MARKETS
      • 757 15 Britannia Funds Sterling Cask BM Offer Mim Cap Deposit 38 MOO 3* 6300 Mim Jer*> Oik 0189 3 0 1992 Mim Mai Income 0 %00 ***** ISS Cask Income Plus Fund 10 3600 10 9100 PS Reserve Fund 5 2000 5 2IOO Sterling E*aity Euro Performance .0 4592 0 493*
        757 words
      • 591 15 -10.2 Shares closed weaker after a dip in sterling and a German decision to keep official interest rates unchanged dampened talk of a possible UK rate cut, analysts said. The FTSE 100 index ended 10.2 lower at 2,852.8, towards the middle of the day's 12.9 point range. "What has
        591 words
      • 93 15 -7.92 Shares were lower after a quiet session, disrupted in late afternoon by technical problems which suspended trading for nearly two hours. The CAC-40 index finished down 7.92 at 1,867.92. Paris Jun 3 Fr Air-Liguide 704 00 -8 00 Akalcl \nsihom ***** -J 00 Elf-Aguit 377 70 1.20 (>ik
        93 words
      • 145 15 +I.6pc Shares rallied on news that the Swedish state and vehicle maker Volvo would split jointly-owned drugs and food conglomerate Procordia into two. Both companies' shares shot sharply higher, with Procordia B rising 29 crowns to close at 193 and Volvo B ending up 16 on the day at
        145 words
      • 191 15 +4.41 Share prices closed at their intraday highs on technical factors, showing virtually no reaction to news Bundesbank left rates unchanged. Bourse dipped around 0.5 points on the news but quickly recovered. The DAX-30 index ended up 4.41 points at its intraday high of 1,629.62. One trader said DAX
        191 words
      • 166 15 -0.67 pc Stocks slipped, hurt by nervousness over the bomb incident in Rome and weekend local elections. Fiat fell an official 4 per cent amidst a lack of buying interest, with the 37 million stocks of option contracts outstanding at 6,200 lire weighing on the market. Some brokers said
        166 words
      • 267 15 +0.29 Stocks closed higher on balance, led by KLM, despite the airline's heavy loss in fiscal 1993 announced yesterday. The EOE index of 24 leading stocks closed 0.29 points, or 0.09 per cent, higher at 307.11, just below its intraday high of 307.68. The intra-day low was 305.80, set
        267 words
      • 260 15 +6.8 Strong financial and chemical stocks led Swiss shares higher, the SMI index closing near its all time high. The All Share SPI was up 6.8 points to 1,417.8. Insurers, which were unable to match recent gains in banks, continued to narrow the differential a little. Winterthur bearers were
        260 words
      • 316 15 10 Gold shares moved up in tandem with the gold price, holding onto the day's gains at the close yesterday. "Buying has been better than anticipated and there's been no big investor selling," a dealer said, adding the market lost its jitters as bullion moved through the psychological US$37O
        316 words
      • 324 15 +2.95 Stocks opened stronger with gold shares leading moderate gains in most sectors, dealers said. "Every other day the feature is gold. Otherwise with the US doing nothing, no other groups are doing anything." one trader said. Toronto brushed aside a moderate dip on Wall Street as players continued
        324 words
      • 769 15 1.11 Stocks opened lower yesterday morning in cautious trading ahead of Friday's jobs data. At 10.30 am, the Dow Jones Industrial Average was down 6.37 to 3.547.08. New York Stock Exchange volume reached 31.06 million shares in the first half hour and declining issues led advancers by nearly
        769 words
      • 105 15 +5.31 Shares closed higher but off their day's best levels ahead of the start of a new twoweek forward market account. The Bel-20 Index closed at 1,187.97. up 5.31 points or 0.45 per cent. Its day best was 1,194.46. Volume totalled just under one billion francs worth of Belgian
        105 words
    • Article, Illustration
      3079 16 Reuter SHARE PRICES closed sharply lower on heavyselling pressure, triggered by worries over a move by China to let its currency to float freely on some markets, brokers said. The blue-chip Hang Seng Index fell 166.94 points, or 2.28 per cent, to finish at 7.155.29 while the broader-based All
      Reuter; Source: Bridge Info  -  3,079 words
    • Article, Illustration
      441 16 THE EXPECTATION of good interim results from several A share companies has attracted some buying interest in the local market. Both the CLSA Shenzhen A and B indices closed slightly higher at 2522.62 and 1057.92 respectively. The debut of Fiyta (IPO US$O.45) highlights the cautious attitude adopted by investors
      441 words
    • Article, Illustration
      2431 16 Bloomberg Business News STOCK PRICES rallied as expectations of lower interest rates and a pause in the yen's surge helped drive banking and electronics stocks higher, traders said. The benchmark Nikkei 225 average gained 384.30 points, or 1.86 per cent, to 21,076 for its third consecutive rise. It was
      Bloomberg Business News; Source: Bridge Info  -  2,431 words
    • Article, Illustration
      1800 16 Keuter STOCKS rose in active trade on high demand for property shares and a technical rebound among banks, financc and securities firms. The SET index ended 11.18 points, or 1.36 per cent, higher at 832.08 on a turnover of 4.80 billion baht. "The active trade and strong gains in
      Keuter; Source: Bridge Info  -  1,800 words
    • Article, Illustration
      1068 16 Reuter STRONG BUYING interest from foreign institutions stemmed profit-taking by local investors and helped most prices continue their advance by the close of the Jakarta Stock Exchange. brokers said. "Buying interest from overseas was very strong throughout the day." one broker said. "I believe this interest will stay until
      Reuter; Source: Bridge Info  -  1,068 words
    • 2538 17 Source: Bridge Info Source: Bridge Info Of Gr IMM} Lasi Vol Day Last Qao* Dt* Dt» VH Hid M Cap High Low I Salt (WO) Hfch Low Bayer ScHtr Cw P/E SaUl MALAYSIAN STOCKS 159 102 MSB 50c 128 xd -14 13 130 128 126 130 5.0 0.8
      Source: Bridge Info  -  2,538 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5210 17 Bernama SHARE prices fell sharply yesterday on widespread selling activity as the market Finally corrected itself from an overbought position, dealers said. The sell-off was sparked by buying restrictions imposed by brokers to impede speculative activity, they added. Component stocks also came under selling
        Bernama; Source: Bridge Info  -  5,210 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1117 18  -  By Kooi Cho Teng SINGAPORE Sharp falls in the Hongkong and Malaysian stock markets spilled over to the local bourse yesterday, shaving 31.53 points off the Straits Times Industrials Index by noon. While buying restrictions to curb speculation caused the retreat in Kuala Lumpur.
        Source: Bridge Info  -  1,117 words
      • 77 18  -  HOT STOCK Paul Leo UNITED ENGINEERS achieved a new high at 52.78 before easing to close at $2.76 yesterday. Its previous peak of $2.58 was set in March 1991. Sell United Engineers as the counter is highly overbought. Daily RSI is above 75 and weekly and monthly RSIs
        SOURCE: BRIDGE INFO  -  77 words
      • 6582 18 MAIN BOARD Cr G» 1992/93 Last Vol Un Last Quo* Dt» Oh \U Net >1 Cap Hfck Lam Company Sale (WO) H*h Low Buyer SHIcr CVr PIt Soiil MOUSTMAL AND COMMERCIAL 770 170 Acma 675 cd -10 138 690 650 670 680 12.5 2.1 1.9 292 465.3 220 210 Ale*
        6,582 words
  • Page 9 Advertisements
    • 175 9 U m Wm Hf Glenfiddich Privilege Card Entitlement: 1) Invitation to our special offers (will notify you by post) I 2 On the day of our special offer Souvenir will be given- Lucky Draw on i,, purchase of goods HTHBflRin 5520.00 voucher with every Ssloo.oo purchase m 3) Grand Draw
      175 words

  • Page 10 Advertisements

  • Page 11 Advertisements
    • 108 11 'WILLSMERE' [Investment opportunity I Melbourne's premier residential project situated in one of Melbourne's most prestigious addresses. Brand new 2 and 3 bedroom apartments and townhouses from A 5165,000 Fabulous, resort-style il facilities-pool, courts, INVESTORS bowls, gym, jogging etc. 10% DEPOSIT NOW Security-24 hours. COMPLETION MID 1994 Close to Central Business
      108 words

  • Page 12 Advertisements
    • 394 12 Before you take your first step, we take 250. SINCE 187 3, Church Company has to elegant -sg- Available at Isetan Orchard, Robinsons, been producing classic English shoes. city shoes Sogo Some2sostagesgointothemakingof and relaxing For your copy of our latest brochure, a pair as they are handed from craftsman casuals,
      394 words
    • 278 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MACCHETTI (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of MACCHETTI (SINGAPORE) PTE LTD duly convened and held at 108 Lim Ah Woo Road. S'pore 1543 on 2 June
      278 words
    • 720 12 flflf] HWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the Fortieth Annual General Meeting of the Company will be held at 608 Martin Road #14-06/07 A, Singapore 0923 on Monday 28 June 1993 at 10.00 am lor the
      720 words
    • 560 12 White Westing house ELECTRIC DEHUMIDIFIER Protects your home, office or workshop a BALMAR K7l Tel: 235 9577 MM«*ar af Jatoaan t Jaeean Or aup «4 Ctmpwta Sauk Eaal Aala. BUSINESS TIMES TOLL-FREE TKL. No. 1-800-737 0043 FAX:734 3698 NATIONAL KAP LIMITED (Incorporated in the Republic of Singapore) Registered Office: No.l
      560 words


  • Page 14 Advertisements
    • 527 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO ANO IN THE MATTER OF LIN DEVELOPER PTE. LTD. (MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting ol the abovenamed company duly convened and held at its Registered Office. Module 28 Paya
      527 words
    • 22 14 •As and when the latest London/ ,< Rotterdam prices are not available, the previous trading day's closing 1 figures are carried instead I:ss
      22 words


  • Page 16 Advertisements
    • 33 16 COE FINANCING? We'll make the wheels turn. PERSONAL You neecin t tut thH road I--searctT ot just c,-i Standard Chartered FINANCING 1800 5353 522 ,rxl ask 'or P*»«,o"a! F tw-rc, j. m r
      33 words

  • Page 17 Advertisements
    • 50 17 1 fn 1 '—W jgtl W FOR GENERATIONS, WE'VE GRACED THE NATION'S HOMES WITH I 1 AFFORDABLE QUALITY ROSEWOOD FURNITUREFROM CHINA. Singapore Handicrafts Building Singapore 1440. Tel: 747-7666 Branch #02-182 IMMBuilding2Jurong East St 21 Singapore 2260 Tel 568 2957 Monday Saturday 10am-6.30pm. Sunday APuMic Holiday :2pm-6pm Open Daily won»ood Fumito*
      50 words


  • SPORTS
    • 530 19 French Open AP PARIS In her second straight upset victory, Mary Joe Fernandez overpowered former champion Arantxa Sanchez Vicario yesterday to earn a berth in the French Open final against top-seeded Steffi Graf. In another major upset, 18-year-old Andrei Medvedev of Ukraine
      AP; Reuter  -  530 words
    • 584 19 Reuter PARIS Teenager Andrei Medvedev. playing in only his third Cirand Slam event, is the best guarantee there will he a touch of charisma on court in the men's semi-finals at the French Open today. Medvedev. 18. may he the youngest player
      Reuter  -  584 words
    • SPORT SHORTS
      • Article, Illustration
        81 19 Reuter BIRMINGHAM Top seed Hcryanto Arbi of Indonesia was knocked out ol the World Badminton Championships yesterday by unseeded Swede Jens Olsson. Arbi. winner of the All England title at Wembley in March, started well but finally succumbed 9-15 15-12 15-3 to the powerful Swede's big hitting. It was
        Reuter  -  81 words
      • Article, Illustration
        72 19 Reuter NEW YORK Major League Wednesday National: Houston 5 Montreal 4; New York 11 Chicago 3: Philadelphia 5 Cincinnati 2: Atlanta 5 San Diego 2: San Francisco 3 Florida 2; St Louis 5 Los Angeles 4: Pittsburgh 5 Colorado 3. American: Baltimore 5 Oakland 2: Seattle 6 Milwaukee 3:
        Reuter  -  72 words
      • Article, Illustration
        75 19 AFP MANCHESTER Australia was 148 for one at tea on the opening day of the first test against England at Old TralTord yesterday. Australian openers Mark Taylor and Michael Slater both compiled chanceless half-centuries in a first-wicket stand of 128 before newcomer Slater was caught behind by Alec Stewart
        AFP  -  75 words
      • Article, Illustration
        53 19 Reuter TOKYO JCB Classic leading first round scares yesterday (Japanese unless stated): 67 Terry Gale (Aus). Ken Kusumoto 68 Ryoken Kawagishi. ka/uhiro Takami 69 Tsuyoshi Yoneyama. Kiyoshi Murota. Other foreign: 70 Lin Chiehsiang (Tai) 71 Chen Tze-chung (Tai). Brian Jones (Aus). Chen Tzeming (Tai) 72 Roger Mackay (Aus). Samson
        Reuter  -  53 words
      • Article, Illustration
        148 19 Reuter DL'NEDIN, New Zealand British Lions coach lan McGeechan yesterday named an English-domi-nated shadow test team to play the southern New Zealand province of Otago tomorrow. McGeechan has said tomorrow's team, which includes 10 English players, will be close to the line-up expected to take the field in the
        Reuter  -  148 words
      • Article, Illustration
        375 19 AFP PARIS Wednesday's European World Cup qualifiers Group I: Scotland 3 Estonia I Standings (p d I gf ga pts): I. Switzerland 7 5 2 0 18 4 12 2. Italy 7 4 2 1 15 6 10 3. Scotland 7 3 2 2 10 9 8 4. Portugal
        AFP  -  375 words
      • Article, Illustration
        150 19 AFP PARIS French Open yesterday (x-seed) Women's singles semi-fi-nals: Steffi Graf (Ger xl) b Ankc Huber (Ger x 8) 6-1 6-1; Mary-Joe Fernandez (US x 5) b Arantxa Sanchez (Spn x 2) 6-2 6-2. Doubles quarter-final: Gigi Fernandez (USVNatalia Zvereva (Belarus xl) b Katrina Adams (USVManon Bollegraf (Neth x
        AFP  -  150 words
    • 868 19  -  Will the story have been different had the Knicks not missed 15 of their free throws? Dave Anderson reports Dave Anderson NYT NEW YORK It's the oldest story in basketball: missed free throws. Under those peach baskets nailed to the YMCA gym in
      NYT  -  868 words
    • 529 19 NBA play-offs AP NEW YORK Goodbye ho-me-court advantage. So long 27-game home winning streak. And maybe farewell to the New York Knicks' chance to dethrone the two-time NBA champion Chicago Bulls. Chicago won its third straight game in the Eastern Conference finals on
      AP; Reuter  -  529 words
    • 543 19 C.olf AP DUBLIN. Ohio Nicklaus and Palmer. Palmer and Nicklaus. The names are intertwined down through the decades, back into the '60s. even the 's()s. Their competitions and golfing confrontations are the stuff of legends; legends sited at Oakmont and Baltusrol and Augusta. Now.
      AP  -  543 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 1080 20 Null ling BeaAS A BudL WHERE to wine, dine and entertain OK Alan Ng, fi*ni writer of Lianhc Zaobao.'lt's a high lea of distinct difference from those we had tried locally Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway Teow, Bubur
      1,080 words
    • 292 20 This June, our French chc cook up some ''Jjjflßf exotic tieticades from these H i two pfekes for your tasting r//\ TA\ Just anotkt marvetious 1/ French affair from Top of t F r rcscrvalions V c -«j--';:r A Cufeury Tour of Francr w hm.,, [Saturday Spectacularl The Saturday Buffet
      292 words

  • LIFESTYLE
    • 711 21  -  Developers are robbing the poor to please the rich, villagers and activists tell Jeremy Wagstaff Jeremy Wagstaff Reuter THE Javanese \illage of Cijayanti, with its single muddy street, is under siege by golf course developers and their sometimes brutal henchmen. Its inhabitants are victims of
      Reuter  -  711 words
    • 562 21 A new book claims that America's most revered lawyer was not beneath bribery and kidnapping Reuter THESE are tough times for America's famous dead what with J Edgar Hoover accused of wearing women's clothing, Walt Disney of spying for Hoover's FBI and Robert
      Reuter  -  562 words
    • 447 21 CHATTERBOX Reuter UPI UPI UPI SOON-YI PREVIN, the 22-year-old adopted daughter of actress Mia Farrow, the "other woman" in harrow's break-up with Woody Allen, is moving out of the film director's apartment and into a place of her own. "Soon-Yi, with Woody's blessing
      Reuter; UPI  -  447 words
  • Page 21 Advertisements
    • 139 21 CRA.ISS Look out for Crab surprises like Cold Crab, Steamed Crab with Garlic, Sauteed Crab Roe with Fresh Milk and Stewed Crab with Vermicelli, Black Pepper in Claypot, etc. Set menu for 2 38 00 68.00 Set menu for 4 88 00 Available 7 30 June 1993 For reservations, please
      139 words
  • Page 21 Miscellaneous
    • 1282 21 TV RADIO Jim Courier (US) versus and Scrgi Brugucra (Spain) vcr- HHHHhHBHHhI sus Andrei Mcdvcdcv (Ukraine). 'o#' y j|. Set 1945. this adventure ***0^ is about (ft friends who stand up for jus- J JV7II/ laume Lemay I hiv ierge star fj !f J I Manchausen, 10.30pm, SBC 5 j
      1,282 words

  • ADVERTISING & MARKETING
    • 460 22 Reuter THE British government launched a marketing campaign on Monday to raise more than £S billion (5512.5 billion) by selling most of its remaining 22 per cent stake in British Telecommunications pic. It hopes the sale will help plug a yawning budget
      Reuter  -  460 words
    • 625 22  -  Clarissa Tan finds out the importance of customer evaluation in advertising Clarissa Tan BEACH scenes in advertisements baffle Michel Akavi. The regional director of the Frank Small Management Centre in Malaysia cannot understand why shots of the seashore are always incorporated into television and print ads. According
      625 words
    • 556 22 FT IN A DISMAL period for world-wide advertising generally, pan-European campaigns for branded products represented a significant bright spot last year. According to Euromarketing Advertising Age's Londonbased weekly newsletter, the top 100 pan-European brands in the main EC markets in 1992 increased their TV advertising
      FT  -  556 words
    • 662 23  -  The food chain plans to set up more outlets. Genevieve Cua on its expansion drive Genevieve Cua Cerebos Pacific is embarking on a major expansion of the Pizza Hut chain to tap the growing demand for home delivery and takeaway services.
      662 words
    • 643 23  -  David Jones looks at the price-cutting frenzy spanning the Atlantic David Jones Reuter WHATs the value of a top household brand name? That's the question worrying stock markets on both sides of the Atlantic and unnerving shares in the brand-rich giants. Prolonged recession
      Reuter  -  643 words
    • COPY LINES
      • 59 23 THE Tourism Authority of Thailand (TAT) has decided on a "green" theme this year to highlight the country's ecotourism opportunities. To be ealled "Discover the Treasures of a Kingdom", it is meant to kick off future sports and ecotourism promotions. Activities to be available include "green"
        59 words
      • 64 23 FLORIDA is launching its most aggressive campaign yet in efforts to promote its tourist attractions. The state's tourism department started a US$l.5 million (552.4 million), sixweek television campaign in Canada and the United Kingdom on Monday. Also included are German television stations and Cable
        64 words
      • 77 23 A NLW personal finance and investment magazine called financial Planner will he launched in August this year. Targetted at retirees and working adults from age 25 onwards. the maga/ine is touted as the first of its kind in Singapore. It will touch on a broad range
        77 words
    • 645 23 NYT Marketers of name-brand products are not the only ones seeking to build business by convincing the consumer that they are "adding value" to what they sell. Business Week magazine, in a campaign that began last week, will assert to potential
      NYT  -  645 words
  • Page 22 Advertisements
    • 1742 22 ASIA BUILDING SOCIETY LIMITED JBm and its subsidiary companies (Incorporated In tha Republic of Singapore) BALANCE SHEETS AS AT 31 ST DECEMBER 1992 1 maimxn -DMMOUP- THE COMPANY Nate UK 1191 IM2 1191 I altera J| Jj FIXED ASSETS 3 3.9*653 4,"053 3,9*653 4.***** 3 INVESTMENTS IN SUBSIDIARY COMPANIES 4
      1,742 words

  • Page 23 Advertisements
    • 338 23 What was our Production Manager DOING IN GEYLANG ON Monday night? Tony's wife had to be ,:,l was for our client, Regent A for the press launch of the spent half the night at the Times to meet the deadLand Rover Discovery separation-house in Gey- line without surcharge, required special
      338 words

  • 465 24 EDITORIAL PAKISTAN'S political landscape has for long been defined by bitter political rivalries and protagonists separated on the extremes of the political divide. The statistics say it all. As The Nation newspaper pointed out in a recent article: since independence in 1947. Pakistan has had 24
    465 words
  • WHAT THE OTHERS SAY
    • 274 24 THE POWER STRUGGLE between Pakistani President Ghulam Ishaq Khan and Prime Minister Nawaz Sharif has now spread to the provinces. The Lahore High Court will hear next Saturday an appeal against the dissolution of the Punjab assembly by Mr Ishaq Khan's loyal chief minister, which has
      274 words
    • 143 24 THE RACIAL RIOTS in Germany reflect the growing disenchantment between sections of the German people and the minority Turks. Largely, the problem stems from the economic recession, aggravated by unemployment. Riots may only worsen the recession, scare investors away and sow deep division in the pluralistic society
      143 words
    • 188 24 THE ARRANGEMENT of talks between China and Japan on regional security bears an extraordinary significance. In the past, China, though not displaying strong opposition, has not shown any enthusiasm. Now that China has expressed a wish for greater cooperation on security issues, this implies that
      188 words
    • 186 24 THE DISGRACE of Legislative Councillor Gilbert Leung Kam-ho raises questions not only about the social climate in which corruption such as his payment of "tea-money" to constituents is regarded as normal, but also about the electoral context in which it took place. As Mr Justice Keith
      186 words
    • 218 24 THE LAW SOCIETY of Thailand has received more than 300 complaints about unfair compensation paid to the people affected by the tragic fire that killed at least 188 workers at the Kader doll factory on May 10. According to the society, most of the complainants felt the
      218 words
  • 606 24 In an editorial yesterday. The New York Times said a compromise over the proposed US energy tax appears necessary if President Bill Clinton wants to implement his economic plan NYT THREE Democrats on the Senate Finance Committee David Boren of Oklahoma. Kent
    NYT  -  606 words
  • Page 24 Advertisements
    • 139 24 MARITIME m CHALLENGESm A Special Business Times Supplement June 29, 1993 The maritime industry is a key element of the Singapore and regional economies. But maritime companies face stormy seas. Shipping lines are plagued by depressed rates and over-capacity in some markets. At the same time, oil spills have focused
      139 words
  • Page 24 Miscellaneous
    • 121 24 sir ?ee>\>jpvLD AS GOD IS rov Tv4«OU beLCMED WS V Ppte£ 9bOV4DGR IS SHADING, IN \CJ\TN&bS.... J r uockng op fvr "'j* r kiot VP TJ TvAIS UW4DOW P«4D He. CAN \i llr "11 Z* iV I see. e>/e*y wove i mpkeJ 111 II c LTD., ft ppN .-P U
      121 words

  • ANALYSIS
    • 924 25  -  When it conies to trade, Japan presents two problems. Lawrence Summers looks at the new framework being developed by the Clinton administration to address them Lawrence Summers The writer is the US Treasury Undersecretary' for International Affairs. This comment was adapted by the International
      IHT  -  924 words
    • 970 25  -  Neville Stack weighs the odds for the two main contenders in Sunday's Spanish elections Neville Stack The writer is a London-based journalist w ho contributes to BT THE LAST socialist domino in Europe may fall on Sunday, when Spain goes to the polls to
      970 words
    • 986 25 The French government is preparing for a massive new privatisation programme. For this to succeed, tne Paris stock exchange will need to be revived Economist ON MAY 26, Edmond Alphandery, France's economy minister, unveiled a draft law that lays the basis for selling off 21 of
      Economist; Source: Securities  -  986 words
  • Page 25 Advertisements
    • 90 25 OONVBSAIIONS I RAFFLES "Singaporeans are clever, but the bad thing is they don't have much patience. They run things a little bit, and already they're experts." i i> w' «A /T^Rjr* vifcSS KIMIKO KASUYA, managing director of Horiguchi Engineering, loves most things Singaporean, except maybe the work attitudes. She explains
      90 words

  • 387 26 Reuter BEIJING China yesterday demanded that Hongkong's legislature cease moves to study Governor Chris Patten's political reform plan, saying the decision would "interfere with and undermine" the SinoBritish talks on the territory's future. Foreign Ministry spokesman Wu Jianmin told a
    Reuter  -  387 words
  • 353 26 NYT TOKYO Toyota Motor Corp was the biggest profit earner among the firms listed on the Tokyo Stock Exchange for fiscal 1992. according to figures released on June 3 by the Wako Research Institute of Economics. The latest annual listing
    NYT  -  353 words
  • 93 26 AP PARIS US Trade Representative Mickey Kantor yesterday voiced displeasure with the likely move by the EC to impose some USSIS million (5524.2 million) in retaliatory sanctions on US firms doing business in Europe. EC foreign ministers were expected to approve next week
    AP  -  93 words
  • 278 26 Reuter BEIJING China yesterday urged US President Bill Clinton to changc his mind on imposing human rights conditions on Beijing's favourable trade status, hinting that some sort of retaliation may still be planned. "We hope that the United Stales side
    Reuter  -  278 words
  • Article, Illustration
    62 26 Reuter HONGKONG A Thai woman in front of a 'Wanted for Murder* poster showing Kader chairman Dennis Ting during a protest here. Kader Industrial Thailand) has pledged to compensate all the victims of the fire last month at the Bangkok factory which it owned within a fortnight.
    Reuter  -  62 words
  • 347 26 AP PARIS For the second day running, the US yesterday pounded Japan with criticism to bring its soaring trade surplus under control and open its markets to more foreign goods. US Treasury Secretary Lloyd Bcntscn demanded in a speech to
    AP  -  347 words
  • 814 26  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is an Associate Foreign Editor at BT POLITICS, something of a national pastime in Malaysia, has engulfed the rush by some people to invest in China. Fortunately. Deputy Prime Minister Ghafar Baba's
    814 words
  • 472 26 AFP TOKYO Japan's direct investment abroad fell 17.9 per cent to US$34.l billion (5554.9 billion) in the year to March, depressed by reduced investment in the US. Europe and Australia, the Finance Ministry said yesterday. But the declinc in fiscal
    AFP  -  472 words
  • 297 26 Reuter HELSINKI Mass unemployment in Russia and the Commonwealth of Independent States will he a major world problem soon, a top official of the International Labour Organisation warned yesterday. Guy Standing, chief of the ILO Central and Eastern European ream, told a
    Reuter  -  297 words
  • Page 26 Advertisements

  • Shipping Times
    • 427 27  -  By Ramesh Divyanathan SINGAPORE The Transpacific Westbound Rate Agreement (TWRA), a grouping of carriers of which Neptune Orient Lines is a member, will hold its fuel surcharge at current levels. The rate-making group of nine carriers announced yesterday that "relatively stable marine
      427 words
    • 375 27 International Transport Journal. GENEVA Michael Huerta, the former San Francisco port head, has been nominated associate deputy secretary to the US Department of Transportation, to direct the Office of Intermodaiism. Mr Huerta, who has described his new office's current mission as "very
      International Transport Journal.  -  375 words
    • 333 27 Seatrade Week LONDON As American operators digest the Clinton administration's decision not to support a comprehensive maritime reform package with federal funding, several are looking to other flag alternatives. Many were not really surprised by the administration's decision while others
      Seatrade Week  -  333 words
    • 438 27 Knight-Ridder BUENOS AIRES Argentina will open bids on Sep 22 for the upgrade and maintenance of the main shipping channel in the Parana River and Platte estuary, the Economy Ministry announced on Tuesday. Seven investor groups have made offers so far to dredge the
      Knight-Ridder  -  438 words
    • SHIPS IN PORT
      • 741 28 VttMj Voy No Bwtti HtmtL Ptpartwe Vewd Voy Wo Bwth fcmtl Ptparture Juroftg Port RaiatiBiuoAe 13E P03 alongside 03 06/ lbOO ASl 17 8 11 12 alongside 04 06 2300 Setu Nagoya 8SND P01 alongsrte 03 06 1700 Glotdl Mercury 151 18 alongsde 04 06 0800 Smar
        741 words
      • 1982 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Skip Voy No Etb/Btr Period From To From taUt 37A 05 lbOO 2 03/1700 04 0659 04 0900 4 04/1200 04, 1459 04/1700 Aa VoH 21B 04 2100 1
        1,982 words
    • 11429 36 This is a list of ships loading at Singapore tor ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,429 words
    • 882 43 DRY cargo freight futures were narrowly mixed at late afternoon as physical rates resumed their traditional summer decline with the Baltic Freight Index (BFI) marked down by five points to 1.618 points on June 2. Dealers said business included a fixture on the key US Gulf to Japan
      882 words
    • 586 43 Carbon Carton May 20 Density Water Residue Ash Abririun Sedmnt Density Water Residue Ash Akmriun Sedmnt M M M/M Exxon Exxon I KG/M*3 V/V M/M M/M PPM method KG/M*3 tV/Vt M/M M/M PPM method 69/Cmc Limits Spec E25 991 10 15.0 0.10 30* 0.10* Eastern USA
      586 words
    • 1376 44  -  Empty boxes account for 21pc of container moves, costing carriers US$3.5 billion annually, reports Joseph Bonney Joseph Bonney American Shipper IN A perfect world, every container shipment wouid be matched with a paying backhaul that would enable carriers to earn a nice profit and shippers to benefit from
      American Shipper  -  1,376 words
    • AIR AND LAND TRANSPORT NEWS
      • 538 46 UPI SYDNEY An Australian political leader yesterday accused the US of adopting a "baseball bat approach" to world trade and said the "ugly face" of the new Clinton administration was emerging. National party leader Tim Fischer was commenting on the air war currently
        UPI  -  538 words
      • 324 46 Bloomberg Business News WASHINGTON McDonnell Douglas Corp received three Pentagon orders on Wednesday totalling U*****.6 million (SSll billion). From the US Air Force, the company got U*****.6 million in increases to contracts for the troubled C-17 transport plane. The awards come on top of last week's
        Bloomberg Business News  -  324 words
      • LOG BOOK
        • 57 46 Reuter NEWCASTLE, England A mouse grounded a British airliner on Wednesday. Health officials hunted the stray rodent under Britain's stringent anti-rabies laws. Nearly 150 passengers were kept on board the Boeing 737 at Newcastle airport in northeast England for two hours after the flight from Crete
          Reuter  -  57 words
        • 119 46 AFP PARIS French construction firm Bouygucs announced on Wednesday it had sealed the latest in a series of major contracts in Hongkong, a 470 million franc (SSI4I million) deal to build a 2 km road bridge. The company said its subsidiary Dragages et Travaux
          AFP  -  119 words
        • 124 46 Bloomberg Business News TOKYO Nissan Motor will buy car parts from Tokai Rika Denki Seisakujo, a major parts maker affiliated with Toyota Motor in a bid to reduce costs, the Nihon Kcizai newspaper said. Nissan will start the procurement in late 1994, it
          Bloomberg Business News  -  124 words
        • 68 46 Reuter SAO PAULO Fiat Automovcis. Fiat's Brazilian subsidiary, reported May sales of 19,046 cars against 17,700 units in April, the company said in a statement. The statement said May sales were the highest since the company began production in Brazil 17 years ago.
          Reuter  -  68 words
        • 99 46 Bloomberg Business News NEW YORK MC Shipping Inc said its first-quarter loss narrowed to U*****.000 (*****.200). or 17 cents a share, from U*****,000, or 23 cents, a year ago. Revenue for the operator of eight commercial shipping vessels fell to U554.34 million from USS4.B4 million. MC
          Bloomberg Business News  -  99 words
      • 221 46 Bloomberg Business News MONTREAL Air Canada rejected a proposal from PWA Corp's Canadian Airlines International Ltd (CAI) to negotiate a commercial settlement to their disputes. Instead. Air Canada president Hollis Harris said on Wednesday he will ask the federal Cabinet to review a decision by
        Bloomberg Business News  -  221 words
      • 1116 46 Page Col ABC Containcrlinc 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkicl Liner 4 1/2 Alpha Feeders 6 I ANL 3 1/2 APL 5 3-5 Appenship 18 1/2 Arabian Express 15 5 ASCL 5 5 Asian Breakbulk 15 1 ASXCLShpg
        1,116 words
      • 243 46 Reuter LONDON British Airways (BA) said yesterday it was hoping last-minute talks could avert a strike threatened today, but said it could operate well over half its long-haul services if the 24-hour walkout went ahead. The Transport and General Workers' Union (TGWU) said
        Reuter  -  243 words
      • 1796 46 n* n*t ETC) ■vpi GA928 0040 Qf81 1940 QF82 SQ227 2055 2230 Amstardaa KL837 SQ323 1445 1815 GA890 SQ324 GA892 2310 2345 2359 CZ3I SQ348 2300 Auckland N235 SQ288 BA12 1550 2030 2200 8A11 SQ285 NZ36 1505 2015 2340 rn GF149 0650 Sari B*i [awan BI421
        1,796 words
  • Page 27 Advertisements
    • 37 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times NOL GROUP OF COMPANIES CONGRATULATES ITS CHIEF EXECUTIVE OFFICER MR LUA CHENG ENG ON HIS APPOINTMENT AS PRESIDENT OF THE BALTIC AND INTERNATIONAL MARITIME COUNCIL ON 2 JUNE 1993
      37 words
    • 40 27 Costly empty boxes, Page 18 /jyjgilSk'&X I I I UIIMIfi?/ v sgg7 The Singapore National Shipping Association congratulates its President, MR LUA CHENG ENG on his appointment as President of The Baltic and International Maritime Council on 2 June 1993
      40 words
    • 20 27 the FAMOUS > on <b laisogi 224 1833 For more information please refer to Pg. 13 Index to advertisers, Back Page
      20 words

  • Page 28 Advertisements
    • 501 28 TSKIJNE AGENOES (S) PTE. LTD. AgnJA T T7 TT f%Tfl Tel: 226-3363 i npn i 3«JV# lilMr Fax: 226-1972/3 > Tlx: RS *****/TSKSIN. 1 TOKYO SENPAKU KAISHA, LTD. CR No: **********0N ImM wf m mi —in —m at wc —uo —is to —rw —mi —m —mo T.". **W 1-W. 1
      501 words
    • 1474 28 IHBfftT TO I>BA WW* witw «w(j«a— *ai mwum mvmmmm*i TO IAiT —nffHWMfMt (Ml ftflHTft— IMlWffln »JWBIWCE«JaCjOM-n»y 11 HHPST!IKjfIM-lH3fcflDfl»BBLMQ£. »B3tl__ ——BMBBBfcJWHi VV*"WT*TTfffyl. JOB. wr swm u ait «a n iobtm cm jcfi b wstom «m wTw itim hmbb iiwHiuimm rat iattmm —n iMAsa im a—l CALIFORMA MERCURY 53 910 6 27
      1,474 words

  • Page 29 Advertisements
    • 2280 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****13 FAX: *****42 Tn DOCUMENTATION TEL: *****64 FAX: *****09 T |L. *****4 FAX. 626M1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 P (OPNS) CFS (PSA F5) TEL: *****21/ *****79 TEL 5 4312/31 FAX *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU
      2,280 words
    • 2186 29 wamawM FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT SAILING LIVERPOOL BAT V.5694 ETA SIN 7TH JUNE 1993 LEISE MAERSK V.9306 ETA SIN 10TH JUNE 1993 VMMI Vo> ETA ETC Feedw by se. DESTINATIONS Th« «eek macnson MAERSK 9306 cv oe 06 0800 mrs CFS -07 06 2359 MRS JOH LPK PEN OAK LQB MOU MEM
      2,186 words

  • Page 30 Advertisements
    • 1701 30 AOABA R DAM/I LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA HANNOVER EXPRESS 14/321 5/6 14/6 20/6 23/6 26/6 28/6 30/6 Port Ke ang p en ang THAMES 17/122 10/6 26/6 23/6 27/6 Pasir Gudang KAI 02/322 12/6
      1,701 words
    • 570 30 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 Vietnam Mongolia Hungary CSFR Poland ocT<i>Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ITA SM VILLE DE PROVENCE 06/06 VILLE
      570 words
    • 1213 30 ESwaaia rnxmrn REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY NORASIA Al MUNTA2AH 9321-3 08/06 30/06 07/07 08/07 04/07 05/07 06/07 07/07 09/07 08/07 I !i fnc.l? T o H A, 9^ 22 3 15/06 07/07 14/07 15/07 11/07 12/07 13/07 14/07 16/07 15/07 I NORASIA SUSAN 9323-3 24/06 17/07 23/07 24/07
      1,213 words

  • Page 31 Advertisements
    • 1930 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS KTff* CARGO OUI SAILS i STRAITS PWK VISE Muwa. Lat> 05 lun 06 iun FC L, LCL CONTAINER AND MBAXM.K SERVICE TO MMM NEW GUINEA KRIS MKRUBI VOtt RK. Skin. Taw
      1,930 words
    • 2696 31 lkftXvVfc SINGAPORE AGENT: UXifl I AfltaillAfC PAO Containers (Singapore Agencies) Pte Ltd X iXV/ VjtVllLCtlllvl O 10 Ho Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VEMCI VOV 'MM -mo MM ALQ MM AHT ROT MAM SRC
      2,696 words

  • Page 32 Advertisements
    • 767 32 MriKfl I hggwgg PBWifinfflWrtiWTjUM IP^till I W WOT WMM MM I HHKtI WMIl| WTHW ISB MJATA 37W8 I2t 30/6 I 31/7 5/1 10/1 13/» KUTM I Y7IWB I 15-19/7 I 19/1 22/1 25/1 21/ I TO Bfe EAST COAST POUTS VSL WT PKL STOW SYD MILB BMS fltt ACCL wo
      767 words
    • 2163 32 OHANJIN SHIPPING FOR VSI SM LME HAUL SEA ID* FOR VSI SM IINE HAUL SAV ILM NYC HAIUN VANCOUVER 0131 10 6 OMECT 1/7 3/7 HAMM VANCOUVER 0131 10 6 A LONGBEACH 0431 15/7 16/7 11/7 HANJM OAKLAND 022t 17/6 OMECT S/7 10/7 NAHM OAKLAND 022E I) 6 M AMEMCA
      2,163 words
    • 1494 32 ifi -i,TJ -ppm^ I« BMMt ■<«, m f" 6 pus wi osk ngy au in ui as ui pure iw un mwmcno ag m ssp I I Ml 5 154 21/ ni »/0 K 1/7 21/7 23/7 24/7 3 1 4/1 5 1 0/0 7/» 17/S 27/1 Jl/I 1/1 B
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  • Page 33 Advertisements
    • 1792 33 |l if SCX: 'CALIFORNIA MERCURY 53E' ETA SGP 09/06/93 II II II ARRIVING LOS ANGELES 27/06/93 IN 17 DAYS II AEX: 'NEPTUNE LAZULI o*' ETA SGP 10/06/93 HI 11 ARRIVING NEW YORK 09/07/93 IN 22 DAYS H > mmmtioeio't I I 1 j I I U FEKDKR VSI. VOT I
      1,792 words
    • 1102 33 SINSOV 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 E*STBOUNP—OSCHMGHC WESTBOUND—LOMWG TKANSHPPCD WA ROTTERDAM
      1,102 words

  • Page 34 Advertisements
    • 1797 34 V"** AS AGENTS KAWASAKI SINGAPORE (PTE) ITO (CH No: *****73Q000M) v w-m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I B MM* MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHD J TEI sa *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 KAWASAKI KISEN
      1,797 words
    • 645 34 PHILI-ORKNT LINGS PTC LTP Robinson Road #07-00 GMG Building Singapore 0106 I Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 I A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRAL!A/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 6 JUN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE ALtCKLAND WELLINGTON, LYTTLETON. NEW PLYMOUTH, NAPIER. CHRISTCHURCH 25 JUN SUVA.
      645 words
    • 441 34 p golden line^N GUAM GUAN SUPPING U£S>\\ (PTE) LTD I 23. T*k Apr Urttl SMGAPOAE 0104 TEL U43SM (10 IMS) Fa S343SM «a Hi. loinuMoow) ■TKAITt/FMIMAW 6PLF IMWa S pore P Kelang Penang GOUKH HMKST Karat* Dubai 1/10 km SOUKN KM Aarach. Out* 21/29 km CHIMA BEM TICK GOIDEN WONDER
      441 words

  • Page 35 Advertisements
    • 985 35 PACIFIC INTERNATIONAL LINES (PTE) LTD ■Mag 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I CR NO **********0E VESSEL VOY SIN BKK SIN VESSEL VOV SIR jicT MN sufusLi™* 1 flaq) sfls23w IV# 15/ assar KOTA SURIA KSR23N 9/6 12/6 16/6 BUNOA TERATAI 3333 8/6 11/S IS/6 SIAM BAY 29N
      985 words
    • 1681 35 VESSELS VOY Vl* FllOf* STOW H**glgS »OlltlOlll ANTWERP THAMES IE HARVE OTUE Of PROVENCE M2IW 07/86 /07 M/ <> 7 05/07 06/07 0»/07 WILE OE VEGA 1121* H/« w o7 7 12/07 13/07 15/07 *D*M ABRAHAM U2VH 18/07 1»' 07 H/07 20/07 22/07 Will DC S«RIS 9129W 7 07 2V07
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    • 428 35 BSAa. M MYANMA \HBHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdf HAKHA ¥472* M PORT HPA-AN VI9IN OS/OS Km PAGAN VI9SW 09/11 hm 05/07 AJN PATHfIN ¥123* 07/10 km MALAYSIA AGENTS: BOUSTEAO SHPPMG AGENCCS Ml TEL 03-*****00 PHI TO 03-*****7 PEN TEI 04
      428 words



  • Page 38 Advertisements
    • 2586 38 Full Container Liner Services ***»< »>*««•« t *u. General Agents: Booking Agents: Gnsn Com Skipping Sdn BM Chung Ckiao Skipping Sdn BM P. T. Global Putra Indonesia Maritime Costar Shipping Pie Ltd Skipping Freight Muat Centn S4* BM 58 Persian Raja Muda Musa Lot 3.34. 3rd Floor. Jl"? H Juanda
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  • Page 39 Advertisements
    • 685 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 7/06 ROTTERDAM 7/06 AARHUS/COPENHAGEN 7/06 HAMBURG/BREMEN 7/06 MARSEILLE/FRANCE 10/06 FELIXSTOWE/UK 7/06 BARCELONA/SPAIN 10/06 LEHAVRE/FRANCE 6/06 GENOA/ITALY 5/06 ANTWERP/BELGIUM 7/06 LOS ANGELES/WC/IPI 6/06 SYDNEY/MELBOURNE 6/06 NEW YORK/EC 6/06 FREMANTLE/ ADELAIDE 6/06 VANCOUVER 9/06 BRISBANE
      685 words
    • 684 39 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOR SPORE ABVOT 32W8 12/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANCNNET 31WB 25-07 DAHESSALAAM MOMBASA
      684 words
    • 602 39 JAKA RTA BANGKOK < j j i WS wFI 4/4 WAGON SCNTOSA MN IN PT 4/6 lut 4/6 B*» OSS 5/J 9/6 WANIA BHUM 144N Sit 5/6 Wed 9/4 THANA BHUM J3S JJi CHAIYA BHUM Wi Sun 6/6 Thu 10/6 GUMI BHUM [555 57i n75 ,245N__Ju« »/6 M 11/4 ■AM
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    • 359 39 1 I &SMgaa WBHH BAY OF BENGAL SERVICES •cssa vorsmmm sm Tin MS 25* 06-07/04 12-14/OC 20-21/04 I IKM CKEK 321N 07-01/04 14-15/04 21-22/* I TtOI SIM 70N M 10/06 15-14/04 22-23/04 I CAK BONAVISU 244R 14-15/04 21-23/04 24-21/04 I TMI mom 7m 14-17/04 23-24/04 30-41/07 I USSRVOT SM CM.
      359 words

  • Page 40 Advertisements
    • 1498 40 ipukflMN CONTAIN^RTI^ :lrN=/\"lAgents: MAC-NELS SPORE: *****22 (24 LINES) *LJ\/ /C/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 J P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 1 HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 3/6 4/6 5/6 Hong Kong Ldn/Flx/Rdm/Ant/LHV/Ham
      1,498 words
    • 240 40 BLUE star line SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LYT SIN PRESTIGE 01S 10/6 22/6 24/6 11/7 MJST STAR S7S 20/6 2/7 4/7 20/7 FGUMD BAY 03S 29/6 11/7 13/7 29/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER.
      240 words
    • 1088 40 THONG SOON UNES PTE. LTD.] 77 ROBINSON ROAD #15-00. #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11. *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 SINGAPORE TO SARAWAK ttSSEL VOY STORE PEST VESSEL VOY S'PORE OEST EQUATOR JADE 79/3E 05 JUN KUCHING
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  • Page 41 Advertisements
    • 789 41 WgV'EVERETT ORIENT LINE" JAPAN BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BKMBUM SOC CARGOES TO FROM KOBE. YOKOHAMA. NAGOVA. MOI. TOKYO*. MAW.A*. DAVAO*. Penanj* P. Kelanj Singapore E'Msia* KAMALEVERETT VI6E 09/09 Jun KARABICVERETT VI2E 22/23 Jun SHAPIAEVERETT VI6E 08/09 Jul 10/11 Jut ACCEPTMG BKAKBU.K FCI SOC CARGOES TO FROM CMTTAGONG. CALCUTTA MB
      789 words
    • 332 41 Pi, CLOBV NAVIGATION CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0N SP PKL PNG KAO GLORY SELATAN VII 1/6 5/6 6/6 13/6 GLORY SELATAN V 5/6 26/5 27/5 6/6 SP PKL HCM HK KAO HSIEH YUNG ACCEPT CLASS CARGO
      332 words
    • 616 41 #PGSL WORLDWIDE PMIMW CLODt STtMIEtS IKES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOII Connecting Feeder to Huang PuSlll TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
      616 words
    • 470 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VCSSCL SIN DURBAN P ELIZABETH SIN FENGSHUNSHAN V 45/46 19 06 OS/07 08/07 26/07 FENGANSHAN V 122 04/07 20/07 23/07 11 /OS ALSO ACCEPTMG TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AOENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN TIGER BRIDGE 257N
      470 words
    • 310 41 SjN FAR EAST 8/6 KEELUNG/KAOHSIUNG 12/6 BANGKOK 7/6 MANILA/CEBU 6/6 JAKARTA/BELAWAN/SURABAYA 6/6 PORT KELANG/PENANG/E. MALAYSIA 6/6 BUSAN 6/6 TOKYO/YOKO/KOBE/NGO/OSA 6/6 HONG KONG SHI CHINA (+lS#±«fen) 6/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 6/6 LDN/FLX/LVP/SOU 6/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA
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  • Page 42 Advertisements
    • 774 42 HON6 KONG/CHINA 7/6 14/6 JAKARTA 12/6 A 18/6 BAN6KOK 9/6 16/6 MANILA 12/6 6 18/6 BUSAN 7/6 14/6 KEELUNG 11/6 17/6 TOKYO/KOBE 12/6 18/6 KAOSHIUNG 8/6 6 15/6 PORT KELAN6/PENAN6 12/6 18/6 YOKOHAMA 12/6 18/6^ COLOMBO 11/6 ft 17/6 FELIXSTOWE/HAMBURG 12/6 ft 18/6 CHITTA6ON6/MADRAS 7/6 ft 14/6 ROTTERDAM/LE HARVE/ANTWERP 12/6
      774 words
    • 383 42 y Conterm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 9TH JUNE ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 10 JUNE PORT KELANG 10 JUNE JAKARTA 6 JUNE BANGKOK 6 JUNE FREMANTLE 6 JUNE MELBOURNE 6 JUNE SYDNEY 6 JUNE BRISBANE 19 JUNE 'ACCEPTING TO ALL SCANOMAVIA PORTS KARACHI 6 JUNE BOMBAY
      383 words
    • 450 42 Next Week's Sailings Singapore T FTK FIRST FORWARDER IN lo: ETD To: ETD asia awarded Singapore Singapore ISO 9002 by lrqa EVERY EVERY Bangkok SUN Hamburg SAT EVERY EVERY Manila SUN Ho Chi Minh FRI (sißjSjljll EVERY EVERY Lbbl Colombo TUE Los Angeles SUN XgggX j MTQMATXMAL SEA FREIGHT FOMMRHNG
      450 words
    • 164 42 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHJ/NEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every TUESDAY
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  • Page 43 Advertisements
    • 1379 43 VESSEL/VOYAGE SINGAPORE DURBAN POUT ELIZABETH CM* TOWN mmoTD caqwo witif tjt m m M/t BMUMLBBK UJ JBZI ill 4/7 HWUT* ni33f m m m 14/7 0M« WW 07/7 20/7 2/7 J4/7 mami uwu ag na m iij m/» nil m lu 13/ a IB COIOUBO Q3Wf 06/8 11/1 a/I 2/1
      1,379 words
    • 60 43 "BANGKOK" P.A.T. KLONG TOEY PORT ETA ETA VESSEL VOV SM BANGKOK NANTA BHUM 144N 05/06/93 09/06/93 MAHA BHUM 161N 09/06/93 13/06/93 CHAJYA BHUM 39N 13/06/93 17/06/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOY SM MANILA CEBU AKA BHUM 128 A 11/06 19/06 16/06 Also
      60 words
    • 99 43 ""^^■gjmJJpss^^—^^^RYSTA^RElGlJ^SEßvicE^T^^D TOLL FREE LINE *****88 MA|N L|NE; 5095^33 uum fmrt re zejuju^/UOTUUA wmm BANGKOK 6/6 AUCKLAND 10/6 ANTWERP 6/6 BUSAN 9/6 ADELAIDE 10/6 FELIXSTOWE 5/6 HONG KONG 11/6 BRISBANE 6/6 HAMBUFtG 6/6 JAKARTA 8/6. 11/6 10/6 ROTTERDAM 6/6 SURABAYA 6/6 r/R KEELUNG 9/6. 16/6 SYDNEY 6/6 KAOHSIUNG 12/6 KOBE 12/6
      99 words
  • Page 43 Miscellaneous
    • 308 43 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.7 2.1 1.5 1.0 0.6 0.4 0.3 0.5 1.0 1.7 2.2 2.5 2.6 2.4 1.9 1.5 1.1 0.9 1.0 1.3
      308 words

  • Page 44 Advertisements
    • 513 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACFIC 19N6 04/06/93 12/06/93 nmAYMO MMMV VIGOUR PACftC 19ANB 07/06/93 12/06/93 VIGOUR SfWAPOftf 35M8 11/06/93 19/06/93 VIGOUR SHGAPORE 55ANB 14/06/93 19/06/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SXGAPORE PORT KLANG PENANG MARINA MAS 9379N8 03/06/93 05/06/93 ARKTB GRACE
      513 words
    • 322 44 I SRM freight MANAGEMENT^, GENERAL: *****11 BOOKING: *****55 INDIAN SUB-CONTINENT Chittagong, Madras, Calcutta, Bombay, Colombo, Karachi d ffiSHßfc EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) IMPORTING FROM USA WE PROVIDE WEEKLY SAILINGS WITH FAST TRANSIT TIMES
      322 words
    • 379 44 WOOD LINE I SOUTHERN AFRICA SERVICE I SPORE PI OMR CT 1 A VESSQ ***** 15/6 2/7 10/7 20/7 I •AISO CALLS EX. AM) PI. I HC MAW W»WO SON BHD TEL 307 5529TLX S77«ffl KJL: CAPRICORN FREIGHT IBWCEI TEL 213 M» TUL 4&L SECIL MARITIMA, U.E.E;I Luanda, Angola. I
      379 words

  • Page 45 Advertisements
    • 1003 45 I HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VtSStLS VQY PNA PKE PGP VESSELS VQY SIN RTM ANT* LEH* HAM BKEt FEL NOR ASIA MALACCA 9320 A 25/05 26/05 27/05 H PKNCER 303W 30/05 18/06 18/06 19/06 20/06 20/06 22/06 tWM ADVANCE 19A 01 06 02,06 03/06 H FRONTIER
      1,003 words
    • 547 45 J STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS 1 vfsstL nt sr n wt u I SMI ULISM* IS ■PT I Cinw TUMI 33 I I M I FAR EAST (XPKSS I T/l Sl— I uwsm mist i si I MISMN 17 11. I
      547 words
    • 941 45 JEDDAH/UK/CONTNENT STOW (D S lON HHUR6 (DAM lIH Ah* Accept™ Cjth Fw HMMOVIMIPRESS 14/321 i t 14/1 23 1 21/1 71/1 30/6 S«*»*«. t« jl UK urjtiuhor B«**sl aid Oubfei 9/t K i n/t Notlwtom :to al Antwerp, Aimtndan. Oito Hdsriu 12 21/1 30/1 3/7 S/7 7/7 :t«M UK dndukon.
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  • Page 46 Advertisements
    • 4 46 Tomorrow in Business Times
      4 words
    • 76 46 INVESTMENT Tomorrow in Business Times Urns and services represented by Members of the Registry of Accredited Shipping Agents, Singapore \lv&jKr/ National Shipping Association Fa advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090 Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why
      76 words