The Business Times, 9 June 1993

Total Pages: 46
1 46 The Business Times
  • 14 1 Business Times H i; KNOW ASIA MITA (P) 552/12/92 Wednesday June 9 1993 75*
    14 words
  • 2am LATEST
    • 80 1 AP NICOSIA, Cyprus Iranian rebels have claimed thai they blew up 11 oil pipelines and killed or wounded 130 Revolutionary Guards in attacks in western Iran. Teheran said Iraqi opposition groups killed 18 of the Iraq-based rebels in counter-strikes in what appeared to be
      AP  -  80 words
    • 62 1 AFP SRINAGAR, India Indian army and paramilitary troops have launcncd a massive combing operation against Muslim militants in the Kashmir district of Sopore. Police sources said soldiers in battle fatigues took up positions in all lanes and bylancs of Sopore, a rebel stronghold which
      AFP  -  62 words
  • Article, Illustration
    111 1 Stock market indices Taesdajr Chang* Sill 1870.67 +14.55 KLSE Composite 736.28 8.12 Nikkei 20.575 24 -268.95 Hang Seng 7.259.74 +135 01 SET Index 830.71 +3.57 Jakarta Composite 352 +2.57 CLSA China B 1.089.25 14 69 Ausi All Ord 1.723.1 -15.3 FFSE 100 2,844.4 -0.4 Tuesday Previous llam close
    111 words
  • 208 1 Reuter WASHINGTON The US Federal Reserve intervened on the money market several times yesterday as the dollar fell against the yen, days before crucial US-Japanese trade talks here on Friday. Traders say the volumes involved appeared to be limited. A trader with
    Reuter  -  208 words
  • 514 1  -  From Stephen Vines in HONGKONG HONGKONG bankers operating in the Chinese market fear that the devaluation of China's currency will continue and are concerned over the lack of coherent government policy on foreign exchange control. Yesterday, the Chinese yuan slipped further in
    514 words
  • 557 1  -  From Leon Hadar in WASHINGTON THE United States has slapped an ultimatum on Japan to slash its global trade surplus in what observers say is the toughest trade demand imposed by an American administration on the Japanese. The White House
    557 words
  • 110 1 UPI, AFP TOKYO A ring of security surrounded Tokyo's Imperial Palace yesterday as the media blit/.cd Japan with saturation coverage on the eve of a marriage in one of the world s more secretive royal families. Pictures of the royal couple. 33-year-old Crown Prince
    UPI,; AFP  -  110 words
  • 489 1  -  From Alan Boyd in BANGKOK OPPOSITION leaders arc still deeply divided on the eve of a censure motion against the Thai government, bolstering Prime Minister Chuan Leckpai's chanccs of surviving his toughest political test. The two largest opposition factions have lodged
    489 words
  • 397 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Kinta Kellas Investments, part of const met ion powerhouse United Engineers Malaysia Bhd, has clinched the project management job for the country's multi-billion-dol-lar new international airport. According to officials familiar with the contract award,
    397 words
  • Page 1 Advertisements
    • 179 1 I JJgggjS CONTENTS Nmps Companies Spore News 2 S'poreMsa 9.10.11 Regional News 3,4.5 Financial 12.13 World News I Features Itartwts Anatrsis 25 Oob/RISE. SES 17.18 E Atonal 24 15 Sports 19 World 16 TV/litetyle 21 Currencies 13 Reg Analysis 22.23 Smei/Commo .13.14 Subscription Tel **********/ Fax *****75 BT Editorial Tel
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    • 10 1 Hock Lock Siew Another bleak year Jor MAS Pg 9
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 307 2  -  By Anna Teo ARE business costs moderating and is Singapore getting more competitive? Analysts looking at recent trends in the unit business and labour cost indices, inflation and currency movements, say the outlook is good. The unit business cost (ÜBC) and unit labour cost (ULC) indices for
        Source: Dept of Statistics  -  307 words
    • 464 2  -  By Teh Hooi Ling TO HELP case the labour shortage in the precision engineering industry, companies which sponsor their employees for full-time skills-training courses offered by the Institute of Technical Education will be given a $6,000 grant per worker. Minister-in-charge and chairman of
      464 words
    • 438 2  -  By Chuang Peck Ming A STINT in the Philippines appears to be the toughest Asia-Pacific posting for Singaporean executives, according to a survey. An assignment there earns a hardship allowance equal to about one fifth of base pay higher than that for Indonesia. Malaysia.
      Source: SIPM/Towers Perrin Survey  -  438 words
    • 201 2  -  LETTER TO THE EDITOR Lee Kwong Weng for Chief Executive Officer and Chief Planner Urban Redevelopment Authority THE ARTICLE headlined "Landed property expected to steal limelight from condo sector", published in Business Times yesterday, said that private developers had
      201 words
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  • THE REGION
    • 466 3  -  Cambodian elections Reports from Harish Mehta in PHNOM PENH A GROWING number of troops controlled by the Hun Sen government arc refusing to accept the result of the May 23-28 election won by Prince Norodom Ranariddh's Funcinpcc party. Cambodian and United Nations
      466 words
    • 257 3 THE UN Transitional Authority in Cambodia is believed to have rejected the ruling Cambodian People's Party's (CPP) demand for a probe into alleged election fraud, and a repoll in four provinces. The CPP last week told Untac to appoint an international independent
      257 words
    • 266 3 AFP JAKARTA Three of Indonesia's top businessmen and two state-run Chinese firms plan a 400 megawatt coal-fired steam power plant in Margasari. West Java. The Jakarta Post said yesterday that the project, to cost an estimated USS3OO million (SS4B3 million), would be 80 per
      AFP  -  266 words
    • 502 3  -  Warnings that imports may put local makers out of business From Alan Boyd in BANGKOK THAILAND has drawn up a package of measures to boost its petrochemicals industry after warnings that imports from Korea and Singapore could force local manufacturers out of business. But
      502 words
    • 467 3 Bernama KUALA LUMPUR Prime Minister Mahathir Mohamad has said that he looks to being enlightened on the role that China would like to play in Hast Asia during his visit to China next week. "This visit
      Bernama  -  467 words
    • ASIA NOTES
      • 131 4 AFP JAKARTA Thousands of scavengers, whose earnings are threatened by waste imports, have urged the Indonesian government to help stop the shipments, the chairman of the scavengers' association said on Monday. Representatives of 700,000 scavengers throughout Indonesia complained that "their earnings dropped sharply and they
        AFP  -  131 words
      • 101 4 AFP TOKYO Prime Minister Kiichi Miyazawa said yesterday that Japan might have failed to achieve the official target of 1.6 per cent real economic growth in fiscal 1992. An official announcement on Japan's gross national product for the fiscal year to last March
        AFP  -  101 words
      • 88 4 Bloomberg Business News TOKYO Japan's Ministry of International Trade and Industry will urge Japan's manufacturing industry to increase procurement of foreign parts through overseas production facilities to help reduce Japan's trade surplus, the Nihon Keizai newspaper said yesterday. Japan's April current account surplus,
        Bloomberg Business News  -  88 words
      • 85 4 Bloomberg Business News BANGKOK The number of tourists arriving by air in Bangkok during the first three months of this year increased 8.2 per cent from the same period last year. The Tourism Authority of Thailand, a government agency, said yesterday 1.08 million arrivals were registered
        Bloomberg Business News  -  85 words
      • 68 4 Bloomberg Business News TOKYO Japan's Finance Ministry said the country's tax revenues for the year ended March 31, 1993, totalled 47.49 trillion yen (*****.5 billion) as of April of this year, down 8.9 per cent on the year, the Nihon Keizai newspaper said yesterday. The
        Bloomberg Business News  -  68 words
    • 355 4 AFP. UPI BEIJING President Jiang Zemin has moved to the forefront of the political scene and now appears to be China's real leader and heir apparent of patriarch Deng Xiaoping. In the absence of Prime Minister Li Peng, who has been ill
      AFP.; UPI  -  355 words
    • 50 4 Reuter BEIJING Visiting Croatian President Franjo Tudjman and his wife, Ankica, walking behind a People's Liberation Army colour guard yesterday at the Monument to the People's Heroes in Beijing's Tiananmen Square. Mr Tudjman ended his two-day visit to the Chinese capital later in the day. reuter
      Reuter  -  50 words
    • 249 4 AP TAIPEI Taiwanese parliament moved against government corruption yesterday by approving a controversial bill to force government officials and legislators to make public their wealth. The lawmaking Legislative Yuan passed the Bill 89 to 27. overriding a less rigorous version proposed by the governing
      AP  -  249 words
    • 451 4 AP SEOUL President Kim Young Sam praised China yesterday for its efforts to keep North Korea within international nuclear controls, and expressed hope for further help by Beijing. Mr Kim made the remarks when he met with Tian Jiyun. first vice-chairman
      AP  -  451 words
    • 176 4 Reuter SEOUL North Korean gross national product (GNP) shrank an estimated 7.6 per cent to about US$2l.l billion (5534.0 billion) last year, the South Korean central bank said yesterday. By comparison. South Korea's GNP totalled U*****.5 billion in 1992, a Bank of
      Reuter  -  176 words
    • 359 4 Reuter TAIPEI Taiwan's business community reacted with scepticism to a government plan to stimulate the economy, saying it would do little to boost investment or slow a heavy outflow of capital abroad. The government's economic planning agency formally announced on Monday
      Reuter  -  359 words
    • 253 4 Xinhua KUNMING Foreign investors from 14 countries and regions have been flocking to China's border province of Yunnan in the south-west, with its constantly improving investment environment. In the first five months of this year. Yunnan approved 195 foreign-funded firms,
      Xinhua  -  253 words
    • 433 5 Reuter TOKYO Japan is coming under increasing pressure to cut its discount rate to ensure economic recovery as the world's seven richest nations prepare for a summit next month in Tokyo, traders and economists said on Monday. Japanese policy makers have been claiming the
      Reuter  -  433 words
    • 246 5 Reuter TOKYO Japan's 2.19 trillion yen (5532.76 billion) supplementary budget, designed to pull the economy out of recession, has become law, a parliamentary official said yesterday. Hoping to end a two-year economic slump, Prime Minister Kiichi Miyazawa has resorted to greasing the wheels of the
      Reuter  -  246 words
    • 319 5 Reuter COLOMBO Sri Lanka and the International Monetary Fund (IMF) have worked out a politically sensitive economic package that would sharply curb spending and end some welfare programmes, economists said yesterday. "It is a crucial package and would see the government making
      Reuter  -  319 words
    • 284 5 Reuter SYDNEY Australia's troublesome unemployment rate is expected to have worsened again in May, after falling slightly in April, but the number of people in employment is also expected to have risen. Analysts said yesterday that their forecasts for the May unemployment rate
      Reuter  -  284 words
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    • 448 5 I "If my Rolex hadn't been Pp* be as as that!' So said explorer Robert M Swan about the timepiece that helped him navigate to the !L ,~p' South Pole. As Swans fellow L 1 adventurer Janusz Kurbiel notes: 1 I il in "When you can't rely on external «l
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  • THE WORLD
    • 692 7  -  From John Helmer in MOSCOW RUSSIA'S parliamentary leaders retreated behind closed doors on Monday to try to resolve several bitter disputes between the chairman, Speaker Ruslan Khasbulatov and other deputies. The deputies told BT that confidence in Mr Khasbulatov's leadership has suffered a
      692 words
    • 273 7 AFP CANBERRA Most remaining sanctions imposed by Commonwealth nations on South Africa could be lifted within weeks. Commonwealth secretarygeneral Emeka Anyaoku confirmed yesterday that Commonwealth foreign ministers would ratify the lifting of trade, investment and financial sanctions in a series of
      AFP  -  273 words
    • 327 7 AFP LONDON Britain's Labour Party, whose leadership has been accused of "lethargy" by a top trade union leader, faces internal strife as leader John Smith seeks to reduce the unions' role in the party. "Since the election (of April 1992), the knockout
      AFP  -  327 words
    • 262 7 Reuter KUWAIT Kuwait yesterday signalled it had eased a boycott of foreign firms trading with Israel in a move widely seen as a political response to US pressure. Businessmen said the decision would make little change to the Gulf emirate's patterns of trade
      Reuter  -  262 words
    • 62 7 Reuter PETRA, Jordan An archaeologist clearing 14 centuries of dost and destruction has raised an ornate Byzantine church from the ruins of this ancient pagan city. The church, gleaming with whimsical stone and glass mosaics, is the first Byzantine structure unearthed in the fabled
      Reuter  -  62 words
    • 204 7 AFP BONN Two more homes of foreigners were set on fire overnight as well as two restaurants run by Turks, leaving a handful of people hospitalised with smoke inhalation. Police said yesterday that these were the latest in a spate of such incidents
      AFP  -  204 words
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  • COMPANIES & MARKETS
    • 444 9  -  By Joseph Rajendran SINGAPORE Electronics contract manufacturer Tri-M Technologies (S) Ltd will offer investors 7.5 million shares with a par value of 80 Singapore cents each. The offer by the mainboard aspirant comprises 5 million new shares and 2.5 million vendor
      444 words
    • 476 9  -  By Genevieve Cua SINGAPORE Food group QAF Ltd has completed a feasibility study for a bakery in Shanghai and a joint-venture agreement is likely to be signed soon. Group managing director Wong Fong Fui said yesterday at the official opening of the
      Photo by Arthur Lee  -  476 words
    • 275 9 SINGAPORE Solid secondhalf earnings have more than doubled the results of listed broker Kim Eng Securities. Group after-tax profits for the year ended March 31 jumped 120 per cent to $21.1 million, while turnover was 72 per cent higher at
      275 words
    • 670 9  -  HOCK LOCK SIEW By Leslie Lopez KUALA LUMPUR Zain Azraai, the urbane one-time diplomat and current chairman of Malaysian Airline System (MAS), has never dodged hard questions. When asked recently about the airline's future earnings, Mr Zain said the
      670 words
    • 390 9  -  By R Sivanithy SINGAPORE Amcol Holdings and Eu Yan Sang Holdings are seeking to raise a total of $85.7 million in private share placements. Diversified trading group Amcol, which has been aggressively expanding its interests recently, is believed to have placed out
      390 words
    • 365 9 SINGAPORE Clarke Quay developer DBS Land says it has commitments for about 70 per cent of space at the riverside entertainment and shopping complex. Group general manager Richard Heifer said yesterday that retail rents would be $16 to $20 per sq
      365 words
    • Article, Illustration
      323 9 Source: Bridge Info Performance of STII's Index stocks Jun 8 Last Scm* lain Stock uk hfc factor M*vn Aviroo 2 210 0 060 1.70 5.77 CAC 7.050 0 050 J.27 4 81 Ccrcbot 5 300 0050 3.96 4.81 FAN 12.700 0.300 9.49 28 85 GF Asa 3 100 -0.020
      Source: Bridge Info  -  323 words
    • COMPANIES
      • COMPANY BRIEFS
        • 81 10 Bloomberg Business News HONGKONG Responding to rumours circulating in the stock market yesterday, real estate group Hongkong Land Holdings said none of its Hongkong buildings is up for sale. "We don't have any of our buildings on the market," senior company official Alasdair Morrison told
          Bloomberg Business News  -  81 words
        • 98 10 Knight Ridder HONGKONG China will delay drafting a final securities law as government authorities still lack necessary experience, the semi-official China Economic Information Service reported yesterday. Laws governing securities trading under the "interim regulations on management of stock issuance and trading" also must be
          Knight Ridder  -  98 words
        • 32 10 SINGAPORE Singapore Computer Systems yesterday announced the appointment of Phyllis Ang as joint company secretary from June 1. SCS is a subsidiary of Singapore Technologies Industrial Corporation.
          32 words
        • 69 10 SINGAPORE Jaya Offshore, a subsidiary of Jaya Holdings has formed a joint venture with Sabah-based Sanergy Marine Sdn Bhd, a subsidiary of state-owned Sabah Energy Corporation. The agreement signed on June 7 will emphasise on harbour tug operations in East Malaysia and Singapore.
          69 words
      • 454 10 UNIT TRUSTS FUNDS ■■■ipn'prtmffl Jun 9 Insurance Fond Unit T nK Incomc Bond Policy 3.29 3.41 The Com merer 1.38 l.45*d I IUUSHuM The Savings Fund 1.24 1.30 PruLink Mgd Fund I.IS 1.21 S pore Prog Fund 0.57 0.60 Ml 1(1 It ni i li S'pore Sec Fund 0.93 0.98
        454 words
      • 367 10  -  From Stephen Vines in HONGKONG THE HONGKONG arm of Thailand's Charoen Pokphand group will debut on the New York Stock Exchange by listing a subsidiary which holds strategic stakes in four Chinese motorcycle manufacturers. Hongkong-listed C P Pokphand has obtained
        367 words
      • 63 10 Renter SIEM REAP, Cambodia Cambodian waiters standing by in the empty dining room of Grand Hotel in Siem Reap, north-western province of Cambodia. Built in 1925 with 170 rooms, the biggest hotel in the gateway to the 12th-century temples of Angkor is now hard hit
        Renter  -  63 words
      • 234 10 Reuter HONGKONG New rules governing Hongkong listings of China-incorporated enterprises will impose tougher standards than for local companies. Securities sources said yesterday that the rules, pan of a regulatory package to be announced this month, will include a ban on directors buying
        Reuter  -  234 words
      • 455 10 Reuter JAKARTA Indorama. Indonesia's yarn giant and one of the most successful of its listed companies, is about to try its Midas touch by turning other synthetic materials into gold, managing director Sri Prakash Lohia said. He told Reuters that his company, PT
        Reuter  -  455 words
      • 309 10  -  By Yong Pow Ang SINGAPORE Xian is to revive a stalled hotel project, raising hopes for a consortium of banks led by OCBC Bank to recover some of their US$42 million (5567.6 million) loan. Xian mayor Cui Lintao said yesterday that the Xian Grand
        309 words
      • 216 10 Bloomberg Business News HONGKONG An initial public offer of shares by luxury hotel group Shangri-La Asia last week was subscribed by about 108 times, the company said in a statement. There were 9,316 applications for 14.59 billion shares, against 13S million being offered
        Bloomberg Business News  -  216 words
      • 448 11 Bloomberg Business News TEHRAN The Royal Dutch/Shell Group said it has become the first international oil company to rekindle a business relationship with Iran since that country's Islamic revolution in 1979. Royal Dutch/Shell, the world's largest oil company, said
        Bloomberg Business News  -  448 words
      • 36 11 Reuter BERLIN Members of the Act Up group demonstrating against pharmaceutical company Hoffmann La Roche's on-the-cheap drug development programme on Monday before the start of the IXth International Aids Conference. Reuter
        Reuter  -  36 words
      • 306 11 Reuter SYDNEY Australian retailer Woolworths Ltd will open its A 52.4 billion (552.59 billion) share issue to the public today Australia's largest float and a portent of issues to come as the economy recovers. Woolworths, which is not related to the US retail chain
        Reuter  -  306 words
      • 283 11 AFP SEOUL About 10 union members and management staffers were injured in scuffles yesterday as about 1,600 employees of Hyundai Precision and Industry Co rallied in Ulsan to demand the scrapping of a wage accord and the return of a missing union leader,
        AFP  -  283 words
      • COMPANY BRIEFS
        • 113 11 Bloomberg Business News TOKYO Fuji Photo Film Co, a major producer of photographic film, is expected to report a current profit of 135 billion yen (Ss2 billion) in the year ending Oct 20. down 11 per cent on the year, the Nihon Keizai
          Bloomberg Business News  -  113 words
        • 100 11 Bloomberg Business News WELLINGTON Auckland-based sausage and delicatessen group Best Corp said it has agreed to sell a 20 per cent stake in the company to BSN Groupe of France in a deal valued at NZ$l9.2 million (5516.5 million). A spokesman for
          Bloomberg Business News  -  100 words
        • 68 11 AP TOKYO Fujitsu Corp. Japan's largest computer maker, said yesterday it has begun developing two new computers that use large numbers of microprocessors to speed up problem solving. One of the parallel computers, to be marketed in three years, will be designed to run specific applications,
          AP  -  68 words
        • 64 11 Reuter KARACHI, Pakistan Pakistan's main Karachi Stock Exchange (KSE) has urged the government to reduce taxes to boost the country's depressed capital market. KSE president Arif Habib said in a statement he had made the tax-cut proposals in a letter to Finance Minister Sartaj
          Reuter  -  64 words
    • FINANCE
      • 409 12  -  By Quak Hiang Whai SINGAPORE Shortly after it took part in the HKS2.B billion loan for the Diamond Hill property project in Hongkong. DBS Bank has won a mandate to raise HK$4OO million (5583.3 million) for a Hongkong company linked to property
        409 words
      • 258 12 FT LONDON Lloyd's of London could attract up to £500 million (551.22 billion) in fresh "incorporated" capital by the beginning of next year, according to an official working on a rulebook for corporate investors at the insurance market. At the end
        FT  -  258 words
      • 312 12 IHT STOCKHOLM National accounting authorities were urged on Monday to follow the example of banking regulators in establishing international standards that would harmonise the way commercial banks report on their business. For years, regulators have been trying to come to grips
        IHT  -  312 words
      • 202 12 Knight-Ridder MANILA Senators have approved a Bill to establish a Central Monetary Authority to replace the existing Central Bank in managing the country's financial system. The Bill was drafted as part of government liberalisation measures aimed at meeting the International Monetary Fund's prerequisites for approval
        Knight-Ridder  -  202 words
      • 239 12 FT MILAN Fondiaria, Italy's third biggest private-sector insurance group, which posted consolidated losses of about 580 billion lira (SS62B million) last year, is believed to have run up debts of about 2 trillion lira to finance foreign insurance expansion and
        FT  -  239 words
      • 139 12 THE US dollar opened here off slightly at 1.6090/95 and continued to come under selling pressure. Dealers were slightly dollar bearish yesterday as the dollar had failed to gain any further ground after last Friday's sharp rise. The USS/SS drifted lower over the day, touching
        139 words
      • 193 12 Reuter LONDON The dollar took the latest in a series of tumbles against the yen yesterday, hitting fresh lows against the powerful Japanese currency only three days before crucial US-Japanese trade talks in Washington. The yen also flexed its muscles against other currencies in Far East trade despite reported
        Reuter  -  193 words
      • 311 12 FT STOCKHOLM Sweden yesterday urged the chairmen of the world's biggest banks to consider buying into the country's banking sector. "If you wish to buy a bank or part of one, don't hesitate to do so," Anne Wibble, Sweden's Finance Minister,
        FT  -  311 words
      • 84 12 AFP NEW YORK The dollar weakened against the Japanese yen but stabilised against other currencies in quiet early trading in New York yesterday. Gold rose US$l.2O from Monday's close to U*****.20 an ounce. The dollar was trading at 1.6235 German marks, up from 1.6200. but fell back to
        AFP  -  84 words
      • Article, Illustration
        1550 12 IraJr-xnrhu-d index cakukued atam\i S)ori Hip 14 trading partners Base year I9B< US$/S$ forward rates Noon June 8 s$ Bid Offer 1-month 1.6076 1.6091 2-mon(h ***** 1.6093 .V month ***** 1.6093 6-month 1607) 1609) Source: OCBC FOREIGN CURRENCY NOTE RATES As at IOm yntardir Singapore dollars to one unit of
        1,550 words
    • FINANCE & COMMODITIES
      • 459 13  -  From Neil Behrmann in LONDON LONDON China's metal imports are expected to fall sharply in coming months following last week's 22 per cent slide in the value of the renminbi. Even before the Chinese currency plunged, orders for copper, gold, nickel, steel products and
        459 words
      • 223 13 Knight-Ridder LONDON Prodintorg, Russia's state-controlled sugar trading company, is waiting for Cuba to clarify the situation of its 1.5-million-tonne sugar contract with Russia. A Prodintorg official in Moscow said yesterday that Cuba had declared force majeure on all shipments of 1992-1993
        Knight-Ridder  -  223 words
      • 191 13 Platts LONDON Paris-based International Energy Agency has kept faith with its estimates for world oil demand during the rest of the year and says current Opec supply is exactly in line with what is needed to balance markets, stocks notwithstanding, in the third quarter. New
        Platts  -  191 words
      • 224 13 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York rose as concerns Opec would raise third quarter output receded, traders said. Prices plunged on both side of the Atlantic as analysts and traders predicted the Organisation of Petroleum Exporting
        224 words
      • SMALL CHANGE
        • 85 13 Knight-Ridder TOKYO An official at Japan's Economic Planning Agency said yesterday a further easing of monetary policy by the Bank of Japan may become necessary if bank-lending remains sluggish in the coming few months. But there is no need for a BOJ easing right now.
          Knight-Ridder  -  85 words
        • 146 13 Bernama KUALA LUMPUR The export duty on crude palm oil has been raised to M 572.21 (5545.45) a tonne effective June 1, 1993 from MS 5 7.36 a tonne in May, the Royal Customs and Excise Department said yesterday. The gazetted price for CPO
          Bernama  -  146 words
        • 62 13 Bloomberg Business News GENEVA Opec yesterday named Gabonese Minister of Mines and Energy Jean Ping as its new president, replacing Alirio Parra of Venezuela, who has completed his statutory six month term. The alternative president is Qatari Energy and Industry Minister Abdullah Bin Hamad Al-Attiyah, an
          Bloomberg Business News  -  62 words
        • 102 13 Bloomberg Business News NEW YORK First Boston Corp is organising a new group that will specialise in trading all varieties of short-term fixed-in-come securities. Investment Dealers' Digest reported. The group will be run by John Costas, who now runs First Boston's government sales and
          Bloomberg Business News  -  102 words
        • 97 13 Reuter MOSCOW Major oil and gas companies will sign a preliminary agreement with Kazakhstan today to develop big new offshore Caspian Sea deposits, officials said. Local journalists in Alma-Ata quoted Kanat Nurakhmetov, chief specialist at the state oil company Kazakhkaspiishelf. as saying British Petroleum,
          Reuter  -  97 words
    • COMMODITIES & FUTURES
      • 1458 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures tracked a narrow range in sideways trade to end slightly firmer. But investors hugged the sidelines ahead of the release of the US producer price index (PPI) figures on Friday and the absence of fresh incentives, traders said. "The
        Reuter  -  1,458 words
      • 628 14 COMMODITY REPORT Tin TIN rebounded to close eight cents higher at MS 13.28 per kg. aided by lower offering despite an easier London market overnight. traders said. They noted opening offers of 12 tonnes against bids of 41. Turnover settled at 18.
        628 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 57 14 TOKYO China's sugar exports rose sharply in March to 191.715 tonnes, from 66,737 in March 1992. according to data released by a private Hongkong research centre. Exports during the Jan-Mar period were 388.162 tonnes, up from 150.566 in the same period a year earlier,
          57 words
        • 62 14 TOKYO With supplies of lead concentrate becoming scarce and treatment charges dropping, few sales are being made to smelters in Asia, industry sources say. With several mines in Australia and Canada yet to conclude annual 1993 sales contracts. spot transactions are infrequent since terms are
          62 words
        • 77 14 ACCRA, Ghana Cocoa farmers are hopeful they can hit the international market demand for 400.000 tonnes of Ghana's super-grade cocoa if certain conditions "could be met" by the cocoa marketing board. Cocobod. The conditions include relaxation of rigid payment terms for credit facilities for
          77 words
        • 78 14 NEW DELHI India's refined copper output in the current 1993-94 (April-March) fiscal year will be 50.000 tonnes, while imports are likely to amount to 100.000 tonnes, traders say. Both totals are about steady with the 1992-93 levels. Imports are seen steady because of recession
          78 words
        • 54 14 SINGAPORE Thailand's consumption of refined copper is set to rise to 130.000 tonnes by 1997, from an estimated 80.000 tonnes in 1992, Sompong Nakornsri. president and chief executive officer of Bangkok Cable Co said yesterday. He attributed the rise in refined copper consumption to the
          54 words
    • 1597 14 Rubber June 8 MS Ciwidtty Exchange (futures dating M at lpai) HAS (physical prkn) RSS1 Contract (S ccnts/kg) Buyers Setters (kMC Vo|umc Aaat 12 naen (S ccnts/kg) Month High Low Sett (tonnes) Interest 2 July 93 129 )0 130 50N Jul 93 132 00 132.00 131 50 400
      1,597 words
    • REGIONAL STOCK MARKETS
      • 1056 15 -15.30 The Australian share market closed sharply lower yesterday as buyers deserted gold stocks on fears bullion prices were due for further falls. The All Ordinaries Index fell 15.30 points to close at 1,723.10. "The gold price is coming off and people are nervous," said one broker. The gold
        1,056 words
      • 453 15 +1.91 Persistent healthy interest nudged the stock market to a 31-month high in record turnover despite across-the-board profit-taking which dragged the index into negative territory at one point, brokers said. The Composite Stock Index ended 1.91 points firmer at 768.19 compared with the 796.77 high recorded on Oct 24,
        453 words
      • 505 15 -4.52 Share prices fell as the country's two trading floors failed to sustain a technical rally which began last Thursday, brokers said. "We expected the market to go down because the gains made, specially yesterday, were not convincing technically," said Noel Reyes, vice president at DMT Securities. The Manila
        505 words
      • 557 15 -39.58 Stocks closed lower in sluggish trade on weak industrials, especially speculative shares. Brokers said the index could test support at 4,200 points in the near term if turnover remained thin. The Weighted Index opened marginally higher but soon began sinking and ended 39.58 points down at 4,277.42. Turnover
        557 words
      • 262 15 -1.40 Shares opened weaker as trading resumed after a holiday on Monday, but prices gradually improved during the day as investors shrugged off declines in overseas markets, traders said. The New Zealand Top 40 Capital Index closed down 1.40 points at 1,655.13, edging down from a 32-month high
        262 words
      • 114 15 -28.99 Stock prices could rise further in coming days on better-than-expected corporate results, analysts said. The Bombay Stock Exchange Index lost 28.99 points to 2376.86 as investors locked in profits from recent gains. The national index rose 2.95 points to 1092.05. Delhi was up 2.49 points at 501.00 and
        114 words
    • WORLD STOCK MARKETS
      • 579 15 -0.4 Stocks closed lower as investors held to the sidelines in anticipation of a cut in bank base rates, traders said. The FT-SE 100 index of leading British stocks closed 0.4 point, or 0.01 per cent, lower at 2,844.4, just above its intraday low. The session high was 2,854.9.
        579 words
      • 137 15 +5.79 Profit-taking pulled shares down from their best levels in a routine market that dealers said lacked conviction. The CAC-40 index ended up 5.79 points, or 0.31 per cent, at 1,893.65 Volume was a modest 2.75 billion francs Blue chips were mixed, with gains in volume leader Alcatel 9/637)
        137 words
      • 205 15 +6 The final hour of floor trade in Frankfurt saw the expected price consolidation after the 30-share DAX index had tested a key chart line. Trade again largely technical, following on from Monday's strong gains in the absence of any fresh factors. The DAX ended 6 points off its
        205 words
      • 184 15 unch Shares ended mixed after an early rally petered out and the market failed to find any new direction. The Milan market's MIB Index ended unchanged at 1,150. Ferruzzi extended Monday's slide, plunging a further 8 per cent on fears about how the consortium of banks led by Mediobanca
        184 words
      • 255 15 +0.33 Stocks closed unchanged as the market waits for new impulses to give it direction, traders said. The EOE index of the top 24 Dutch shares closed up 0.33 point at 309.89. Advancers outpaced decliners 15 to five. Four stocks closed unchanged. Traders said they see a summer lull
        255 words
      • 264 15 -6.8 Shares ended lower in good volume, after they were hit by profit-taking which set in after the market reached record highs. Dealers said investors were not unhappy with this consolidation, which now gave the market a good basis for further rises. Shares which had risen most strongly in
        264 words
      • 333 15 +9 Gold shares recovered most of the day's losses by the close as the gold price bounced above US$375 an ounce, dealers said. They said gold share gains were likely to be hampered by the metal's reluctance to move above US$377 an ounce. The Gold Index was 13 points
        333 words
      • 331 15 -2.45 Stocks were mixed with a negative bias in brisk early dealings as players continued to take profits from banking shares. "I think the market right now is digesting the most recent move that we have had." technical analyst Joe Ismail said. The TSE 300 dropped 10.31 points to
        331 words
      • 837 15 -13.01 The stock market was modestly lower early yesterday morning as investors awaited direction from upcoming economic data. The Dow Jones Industrial Average was down 10.79 points to 3,521.34 at I lam. Volume on the floor of the New York Stock Exchange was 31.42 million shares in the
        837 words
      • 128 15 10.98 Stocks rose in line with oth- er European shares, analysts said. The Bel2o Index closed up 10.98 index points at 1199.43. Volume was firm with 239,000 shares traded, compared with 115,000. "There were quite big moves on some stocks," said Alison Kirk, an analyst with Williams de Broe.
        128 words
      • 766 15 Britannia Funds Storiiag C«*h BM Offer Mim Cap Deposit J8 6400 J* (.500 Mim Jersey (.ik 0 IKS J 0 1992 Mim Mat Income *0 9*00 ****** USICM Income Plus Fund 10 MOO 10 4100 PS J Reserve Fund 5 MOO 5 2100 Seertieg Mait> Euro Performance .04V#2 0 4938
        766 words
      • Article, Illustration
        2934 16 STOCK PRICES soared on an injection of funds apparently flowing in from investors in China concerned about the depreciation of China's renminbi currency, brokers said. Rumours about a major property company and renewed hopes for a settlement of a BritishChinese dispute over Hongkong's multi-billion dollar airport project also boosted
        Source: Bridge Info  -  2,934 words
      • Article, Illustration
        482 16 THE CLSA Shenzhen A Index was down 1.06 per cent yesterday to close at 2,400.59 as local investors traded forthcoming new issues on the grey market. Turnover was just one billion renminbi, one fifth of a typical day. Turnover in the "B" share market was also very low and
        482 words
      • Article, Illustration
        2503 16 Reuter STOCKS ended lower and the Nikkei average ended at its day's low. Sentiment was dampened by the resurgent yen and cash stocks slid as selling pressure mounted over futures and options contracts, brokers said. Arbitrage unwinding continued to depress the cash Nikkei average. "The market is basically weak
        Reuter; Source: Bridge Info  -  2,503 words
      • Article, Illustration
        1716 16 Reuter THE stock index fluctuated throughout the day as investors were worried about today's no-confidence debate initiated by the opposition against the government, brokers said. The SET index, pushed up by buying in major issues just before the close, finished 3.57 points higher at 830.71 on thin turnover of
        Reuter; Source: Bridge Info  -  1,716 words
      • Article, Illustration
        1064 16 Reuter TRADING rebounded in the afternoon session and most share prices closed firmer. "Light profit taking in the morning session was well absorbed and the market recovered to an upbeat mood." a dealer with a foreign brokerage said. Pan Brothers resumed trading after the company disclosed estimated losses from
        Reuter; Source: Bridge Info  -  1,064 words
    • 2527 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Promel 13,309.000 Kcnong Bhd Mr 12.796.000 FAl'B 50c J. 760.000 kcmayan 50c J.618.000 Kamunling 50c J. 163.000 Bcrjaya Group 3.089.000 Fabcr Group 2.893.000 Idns Hyd 50c 2.827 000 Metropfc* 50c 2.616.000 MBf Capital 2.177.000 IndOxytcn 50c 2.147.000 Landmarks Bhd
      Source: Bridge Info  -  2,527 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5173 17 Bernama IMPROVED buying support for the second liner stocks took share prices to a higher close yesterday. The KLSE Composite Index closed 8.12 points higher at 736.28, the Industrial Index jumped 14.23 points to 1,263.73 and the EM AS Index added 2.91 points
        Bernama; Source: Bridge Info  -  5,173 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1129 18  -  By Helen Chang SINGAPORE Bouts of profit-taking and bargain-hunting saw the Straits Times Industrials Index see-sawing yesterday before ending on a firm note. Brokers say market sentiment remains strong. "It has gone through the correction," said Najeeb Jarhom, head of research at Fraser
        Source: Bridge Info  -  1,129 words
      • Article, Illustration
        77 18  -  HOT STOCK Quak Hiang Whai BERJAYA shares are trading towards major resistance at Si.6o. The weeldy chart shows higher consecutive tops and bottoms, a bullish trend which appears unbroken. Daily and weekly RSIs are still moving upwards from the neutral level of about 50. The stock has a good
        SOURCE: BRIDGE INFO  -  77 words
      • 6149 18 MAIN BOARD Gr Cr 19*2/93 Last Val Day La* Qaotr Dtv DHYH M M Cap Hi«ii Low Ceapaay Sate ("000) High Low Bayer SHkr Cw P/E Sail INDUSTRIAL AND COMMERCIAL 770 170 Acrna 685 cd 35 229 68) 64} 685 690 12.) 2.1 1.8 29.7 472.1 220 210 Ale* Hldgs
        6,149 words
  • Page 9 Advertisements
    • 226 9 The Key to Security: a 120-year-old tradition in private banking Mortice key, Nuremberg, late 15th century. The principle on which this key is based is so reliable that it is still in use today, for instance in cash registers. At Swiss Bank Corporation Singapore we insist on regular personal visits
      226 words

  • Page 10 Advertisements
    • 271 10 Dividends table has been held over I Hilß MASTERS I Management Consultancy Training Services Taman Warna P O Box 0289 Singapore 9127 INNOVATION AND CHANGE SEMINAR OUTLINE From the machine age, to the systems age, to the information age, and now lo the entrepreneurial age The orthodox view of management
      271 words
    • 111 10 •.y BITTP I. I2L 4 l| IB i '1* XT y I rfr if-- Ynirt Mi Jm i -yMsP.'jM ■>JP# WILLSMERE INVESTMENT OPPORTUNITY. Situated in one of Melbourne's most yarra boulevard, kew prestigious addresses.Brand new 2 and 3 bedrooms. Average 2 bed from A 5165,000. Fabulous, resort-style facilities- TELEPHONE pool,
      111 words

  • Page 11 Advertisements
    • 314 11 HIS PERSONAL BEST IS SINGAPORE-MANILA '18,° IN 6 SECONDS WITH LASER FAX. r s|l IK* kK« r S Go lam, sports journalist at The New Paper, goes a lap with the Panasonic UF-766 Even journalists will be able to break speed busy people retrieve documents even before a UF-766 of
      314 words

  • Page 12 Advertisements
    • 41 12 CASTLE ROYLE GOLF CLUB 2.5 lIVI (Pounds Sterling) 20 MINUTES WEST OF HEATHROW TWO COMMERCIAL OFFICE INVESTMENTS FOR SALE Central London Home Counties Contact: Bruce Cave Colliers Jardine (S) Pte Ltd 10 Anson Road #06-11 International Plaza Singapore 0207 Tel: 223-2323
      41 words
    • 201 12 WESTERN SAMOA Western Samoa long term International companies are the most cost effective solution for your offshore company structure. Available at an effective annual cost from as low as US$4OO per annum. We also provide offshore companies from: •British Virgin Islands 'Bermuda •Cook Islands *Hong Kong and others, together with
      201 words

  • Page 13 Advertisements
    • 170 13 Stage one two SOLD! DON'T MISS OUT ON OUR FINAL RELEASE. See you at Pan Pacific Hotel Juie 12 13th. BUNGALOWS WITHIN COUNTRY CLUB ON 320 ACRES WITH 18-HOLE GOLF COURSE BOUNDED DY LOGAN RIVER. 25 minutes to Brisbane and 30 minutes to Gold Coast —Mrm-n-nTffffjffm f r L 1
      170 words
    • 275 13 I LVJ IIV ■Ls MJVfI _I 11 IMI j 1 1 iBJy 1 f *1 r*Jll L'l'X'M.ri pi l j I Jnß BM M*l'M= In the vicinity of Pan Pacific Hotel, Grand Central Hotel, Putra World 81 Land area of 34,599 square feet. Freehold title Jg 18-storey structure with a
      275 words

  • Page 14 Advertisements
    • 614 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 In the Matter of the Companies Act, Cap. 50 And In the Matter of VICINVEST PTE LTD (In Members' Voluntary Winding-up) Notice is hereby given, pursuant to Scction 308 of the Companies Act. Cap SO. that the final general meeting of
      614 words
    • 35 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead iSS&g Wr offers Bp the most Bp current IE list of job It opportunities QiHtitabte*
      35 words

  • Page 15 Advertisements
    • 25 15 m Hfl ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      25 words

  • Page 16 Advertisements
    • 46 16 Exquisite designs. Many to choose from. Italian-designed masterpieces in 18k gold (A set with precious stones. So y choose from our wide selection and make a statement today. Main Showroom: Mondial Promenade 300 Orchard Road 01-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      46 words

  • Page 17 Advertisements
    • 66 17 THE BEST PROPERTY INVESTMENT STARTS WITH HOME POWER EXPRESS. And it starts before you even start looking. With Citibank Home Power Express you can find out everything, from what you can afford, to where you can afford it. To make your first step, just call our 24-Hour CitiPhone Banking on
      66 words

  • Page 18 Advertisements
    • 46 18 Exquisite designs. Many to choose from. Italian-designed masterpieces in 18k gold IR YlCflk set with precious stones. So, choose from our wide selection and make a statement today. Main Showroom: Mondial Promenade 300 Orchard Road 01-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      46 words

  • SPORTS
    • 644 19 NBA finals Reuter PHOENIX, Arizona Two bald golf nuts who happen to be the best basketball players in the world lead their teams into the NBA finals starting today in a showdown seemingly predestined since the start of the season. For Michael Jordan's twotime defending
      Reuter  -  644 words
    • 651 19 AP PHOENIX Dan Majerle figures the best defence against Michael Jordan is good offence. "I just want to make him work on defence," said Majerle, the Phoenix Suns' long-range shooter who has been averaging 44 minutes per playoff game. "I'm just going to try
      AP  -  651 words
    • SPORT SHORTS
      • Article, Illustration
        63 19 Rcuter NEW YORK Major League Monday American: Baltimore 3 Oakland 2; Toronto 4 California 2; Milwaukee 5 Seattle 3; Chicago 7 Detroit 3; Kansas City 8 New York 3; Texas 8 Minnesota 2; Boston at Cleveland (postponed). National: Cincinnati 12 Montreal 3: Philadelphia 7 Houston 5; New York 7
        Rcuter  -  63 words
      • Article, Illustration
        146 19 AP. AFP INGOLSTADT, Germany Drazen Petrovic. one of the NBA's top guards, was killed in a road accident here on Monday. The Croat, who plays for the New Jersey Nets, was a passenger in a car which ran into a lorry which had overturned and was blocking the motorway
        AP.; AFP  -  146 words
      • Article, Illustration
        70 19 Reuter LOS ANGELES The Montreal Canadiens continued their domination of playofT overtime on Monday night and they are now one victory away from their 24th Stanley Cup championship. John LeClair scored for Montreal at 14 minutes 37 seconds of the extra session to clinch a 3-2 victory over
        Reuter  -  70 words
      • Article, Illustration
        24 19 Reuter INVERCARGILL, New Zealand The British Lions beat Southland 34-16 yesterday in its last match before Saturday's first test against New Zealand. Reuter
        Reuter  -  24 words
      • Article, Illustration
        66 19 AFP BOSTON, Massachusetts Paul Ince will captain England today when it meets the US in the US Cup '93, becoming the first black player to lead the national football team. The 25-year-old Manchester United midfielder replaces David Piatt, who was injured playing for Italian club Juvcntus on Sunday. Ince.
        AFP  -  66 words
      • Article, Illustration
        103 19 Reuter PONTE VEDRA, Florida US PGA lour leading money winners this year (LS unless noted, LSS): I. Paul Azinger $747,413 2. Greg Norman (Aus) 688.737 3. Tom Kite 661.876 4. Payne Stewart 634.358 5. Bernhard Langcr (Ger) 626.938 6. Nick Price (Zim) 615.630 7. Rocco Mediate 495.392 8. Fred
        Reuter  -  103 words
      • Article, Illustration
        429 19 AP Reuter Reuter AFP AFP WIMBLEDON Steffi Grafs agent said on Monday the German star still plans to defend her Wimbledon title in two weeks' time, despite a foot injury suffered during ihe French Open. "Graf intends to play Wimbledon." said Phil dc Picciotto. managing director of Advantage International
        AP; Reuter; AFP  -  429 words
    • 458 19 AP MANCHESTER. England Australia won the first cricket Test by 179 runs on Monday after England captain Graham Gooch posted his 101 st century and then suffered a rare dismissal for using his hand to stop the ball hitting his stumps. Chasing an improbable victory target
      AP; Reuter  -  458 words
    • 594 19  -  Acting is a lot safer, Steve Wilstein tells George Foreman Steve Wilstein AP LAS VEGAS It's time for acting. George. It's time to end your quar-ter-century of boxing history a grand run that began with a fearsome, glowering, much slimmer George Foreman winning the
      AP; Reuter  -  594 words
    • 301 19 Golf NYT COLUMBUS. Ohio Ben Crenshaw missed qualifying for the US Open by one stroke and he knows which club is to blame. "I was just inept with the putter." the 1984 Masters champion said on Monday. "1 played pretty good.
      NYT  -  301 words
  • Page 19 Advertisements
    • 33 19 The first game of the NBA finals between Phoenix Suns and Chicago Bulls will be shown live on SBCI2 at 9 am tomorrow with a repeat at 11 pm on the same channel.
      33 words
    • 490 19 BUSINESS TIMES TOLL-FREE TEL. No. 1 800-737 0043 FAX:734 3698 OFFICIAL NOTICE We, Global Energy (Asia) Pte Ltd of Alexandra Distripark, Blk 4 *09-39 Pasir Panjang Road, Singapore 0511, hereby give notice fiat in consequence of the motor tanker Kaiei Mam, we have applied to the Registrar of Singapore Ships,
      490 words

  • Page 20 Advertisements
    • 546 20 M Nothing Beats A Bud. H ff"NQ or 35H*****^^5^_ Taiwan Porridge Supper till 4 am WWdSk Jrmm Head for our AU-you-can-eat Taiwan Porridge when hunger pangs strike. For $15++ per person, indulge in unlimited servings of your favourite items. Daily from 12 noon to 2.30 pm and from 6.30 pm
      546 words
    • 224 20 WHERE TO WINE, DINE AND ENTERTAIN C om» on doan to Suboi) and dwcfc do** out ttoppr H«n (fn -V 1 No ">tr dwp tor al —*Wa and tow HW-SK On Wm day. af am ton 7pm to lam IMWW *1 hnnaw band ptoft To* 40 and rock tot Iron
      224 words
    • 305 20 THE INTO THE. EtyrTmNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to t.Mpm 9.30pm to 10.00(1111 §)M4kbo> Om U» Haw. CaUfß Qmy 'i «n 0104 T«4 2J«J*22
      305 words

  • LIFESTYLE
    • 911 21  -  Woody Allen's attempt to win custody of his three children was rejected by a judge who also ruled that their mother, Mia Farrow, should look after them. Peter Marks reports Peter Marks NYT Describing Woody Allen as a "self-absorbed, untrustworthy and insensitive"
      NYT  -  911 words
    • 342 21 CHATTERBOX AP AP AP AP AP LAUREN BACALL criticised the Hollywood film industry for loving "money more than cinema". "They fill the screen with simple scenes of sex and violence," Bacall said at the 9th Annual Troia Film Festival. Bacall was the recipient of
      AP  -  342 words
  • Page 21 Advertisements
    • 138 21 mm EAT-AS-MUCH-AS-YOU-LIKE Sumptuous spread of Hong Kong Dian Xin, barbecued cold dishes, rice, noodles, dessert and other authentic Cantonese dishes at unlimited order. $12.50 per person (for lunch only) I For reservations, please call our Restaurant Manager at 322 4228/9 (Direct) or *****11. Our restaurants welcome the public to enjoy
      138 words
  • Page 21 Miscellaneous
    • 1207 21 TV RADIO i Carolina Skeletons, 10.30pm, SBC 5 After Vietnam, a Marine 3^ fcr k childhood home. ed years ago for murdering two white girls. Louis Gossett Jr f« v sets out to clear his dead brothUnder the Sea, 8.45pm, SBC 12 If M Take a voyage on one ot
      1,207 words

  • REGIONAL ANALYSIS
    • 1564 22  -  SAAROAsean cooperation Special to BT DH PAI PAMANDIKER DH PAI PAMANDIKER %DH Pai Panandiker is a former director-general of the Federation of Indian Chambers of Commerce and Industry. He has written three books on the Indian economy, and nonworks as an adviser to the
      BT chart by Jennifer Chun  -  1,564 words
    • 1126 22  -  Special to BT JASJIT SINGH JASJIT SINGH The writer, a former Air Commodore and fighter pilot in the Indian Air Force, is director of the Institute for Defence Studies and Analyses. GLOBAL defence expenditure and military force levels have been rapidly coming
      1,126 words
    • 1362 23  -  Security in South-east Asia Special to BT MOCHTAR KUSUMAATMADJA MOCHTAR KUSUMAATMADJA Dr Mochtar Kiisumaatmadja is a former Indonesian Foreign Minister. A Harvard and Yale-trained expert in the International Law of the Sea. he has represented Indonesia at UN conferences on the Law of
      1,362 words
    • 1421 23  -  Special to BT BILVEER SINGH BILVEER SINGH Dr Bilveer Singh is a senior lecturer at the Department of Political Science. Rational University of Singapore. THE VISIT last month to this region by China's Defence Minister General Chi Haotian was a diplomatic breakthrough
      1,421 words


  • 525 24 EDITORIAL IT IS NOT every day that Amcrica is accused of being blatantly protectionist. But these days the charge sticks rather well. Something is certainly amiss in the world trading system when Japan successfully portrays itself as a champion of free trade and a victim of American bullying
    525 words
  • WHAT THE OTHERS SAY
    • 322 24 EMPLOYERS have revived a controversial proposal to use the Central Provident Fund as a whip to curb job-hopping. In his maiden speech as head of the Singapore International Chamber of Commerce, Mr Richard Hale disclosed that the SICC had suggested to the government that an employee
      322 words
    • 190 24 THE RECENT incident in Somalia shows how dangerous it could be for the UN peace keeping forces to carry out their missions. At least 22 Pakistani soldiers and 35 Somalis died while many others were injured in a clash with a Somalian group. It was the deadliest battle
      190 words
    • 221 24 THE DIFFICULTIES that lie in the way of forming a coalition government in Cambodia after the elections were not unexpected, given the deeply rooted conflicts of political interests and personal grievances. Funcinpec, led by Prince Sihanouk's son Ranariddh, did not win by a strong enough
      221 words
    • 154 24 THE GO-AHEAD Hongkong society is falling behind in at least one critical area: cleaning up the mess from its own success. Our Hongkong pollution map, published in the South China Morning Post on Saturday, showed graphically the extent of the contamination of the territory's waterways and
      154 words
    • 126 24 INDICATIONS of the government's mellowing stance has been evident for some time. For example, after years of being banned from leaving the country, Anwar Haryono. one of the government's fiercest critics, was recently allowed to attend a meeting of the Organisation of the Islamic Conference (OIC) in Jeddah.
      126 words
  • 904 24  -  Samuel P Huntington explains why the fault lines between civilisations will be the battle lines of the future Samuel P Huntington IHT WORLO politics is entering a new phase in which the fundamental source of conflict will be neither ideological nor economic. The clash of civilisations
    IHT  -  904 words
  • Page 24 Advertisements
    • 251 24 A Timely Key Industry Event on Management and Refarbfcshment of Bnlk Liquid Storage Tknks An international and regional panel of Critical issues addressed: speakers from organisations including: How new and existing facilities will meet GATX Terminal the needs of the petroleum and chemical Van Ommeren Tank Terminal industries in the
      251 words
  • Page 24 Miscellaneous
    • 66 24 i e>e.TTe£i COULD Be one OF STRRHGe B P\GGON Tlclj A V GeT e> ACJ<r nJ loUfc BIRDS ojep.rt€AD, suoofleD cu<tLeDi TvOICE. P»4D R.eu OFF W "We. DIReCTiOJ/ NA op me. CMesteß- ffeRRV BIHLDWG g POONESBURY GARRY TRUDEAU SJO.-MBPKBStDBNT 50 U£LL.Th€PRBSI- B" *2/ 1 U£IL I H ftC «f£, r
      66 words

  • ANALYSIS
    • 1078 25  -  The Clinton administration is slowly shifting its attention from Europe to Asia. Leon Hadar reports from Washington Leon Hadar US PRESIDENT Bill Clinton and his advisers are finally crossing the Pacific, after having been kept busy during their first five months in office with two European
      1,078 words
    • 768 25 ONE WAY Washington could strengthen its position in Asia and project a "beyond Japan" approach is by trying to play a leading role in a littleknown America-Asia economic organisation and to develop it into a Pacific free trade organisation that will include the United States and Canada.
      768 words
    • 763 25  -  Many in Europe are calling for a change in the convergence criteria laid down in the Maastricht Treaty that set specific economic targets. But Reginald Dale says that would be a mistake Reginald Dale IHT AN IDEA is getting around that if you
      IHT  -  763 words
  • Page 25 Advertisements
    • 65 25 Corporate high-flyers recognise the importance of a supportive hotel in V-^HL^ concluding negotiations Service-onented staff i*v Versatile meeting facilities. Comfortable guestrooms and suites. Cuisines inspired by East and West Plus an unbeatable location m the heart of the city. So when business or pleasure bnng them to Malaysia's dynamic capital,
      65 words

  • 423 26 More spending cuts expected in economic plan AFP, Bloomberg Business News WASHINGTON President Bill Clinton has agreed to scale back a key element of his economic programme, the energy tax, in a bid to win Senate support
    AFP,; Bloomberg Business News  -  423 words
  • 302 26 Reuter, Bloomberg Business News STOCKHOLM German Economics Minister Guenter Kexrodt has attacked attempts to water down the Maastricht Treaty on European Economic and Monetary Union (EMU). "We must adhere precisely to the conditions for economic and monetary union laid down in the
    Reuter,; Bloomberg Business News  -  302 words
  • 95 26 AFP picture ABKHAZIA, Georgia Abkhazian commandos, equipped with Kalashnikov rifles, preparing themselves Tor an attack on Georgian positions near Eshera, Abkhazia. Last weekend, several people reportedly died during fighting near the Abkhazian capital of Sukhumi and in the eastern region of Tkvarcheli. The conflict in
    AFP picture  -  95 words
  • 438 26  -  Reports by Magdalene Ng in BUDAPEST HUNGARIAN motor vehicle manufacturer Ikarus has made its first foray into the Singapore public transport sector with a bid to supply buses to Singapore Bus Services. General manager Andras Scmscy told visiting Singapore Senior Minister
    438 words
  • 175 26 Joint venture promoting Asia-Pac trade with Europe A JOINT VENTURE formed by Russian, Hungarian and Singaporean interests is aggressively promoting trade and investment between the Asia-Pacific and Eastern Europe. The Singapore-based company, Ikar Pacific, aims to identify investment opportunities and bring together firms from the two regions, managing director Charlie
    175 words
  • 735 26  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT THERE'S no question that Governor Chris Patten's political reform package for Hongkong has been shelved. None of the noises coming from
    735 words
  • 279 26 Reuter GENEVA An Irish lawyer backed by the European Community and a Uruguayan diplomat championed by Latin America will face off today in an unprecedented contest for the top post at the world trade body Gatt. Although the EC candidate, Peter Sutherland,
    Reuter  -  279 words
  • 313 26 AFP LUXEMBOURG France has decided to go along with EC approval of the oilseeds agreement it signed with the US last November, French European Affairs Minister Alain Lamassoure told correspondents here yesterday afternoon. The accord, which had been blocked for almost eight
    AFP  -  313 words
  • 230 26 AP BEIJING Four dissidents who staged a hunger strike outside the Shanghai police station were released yesterday after calling oflf their protest. But three of them Yang Qinheng, Wang Yonggang, Gong Xingnan immediately issued an open letter to the Shanghai Public
    AP  -  230 words
  • Page 26 Advertisements
    • 247 26 111 l VSIAN WALL STREET JOl RNAL. CALL 223 6855 TODVi Factory Building For Sale In Kunshan Development Zone.China Sole Agent: Khaw and Sons Pie Urt The Kunshan Economic Technological Development Zone (KETDZ) in Jiangsu Province is an economic technological development zone approved by the State Council of China. The
      247 words
    • 11 26 I HE VSIWWAEE STREET JOIRME. C U E 223 6X55 TODVI
      11 words

  • Shipping Times
    • 394 27  -  By Ramesh Divyanathan SINGAPORE Singapore has the potential to be the Caribbean of the east for pleasure boating but it needs more supporting facilities such as marinas. Exhibitors at the four-day Boat Asia '93, which ended on Sunday, said Singapore's
      394 words
    • 259 27 Knight-Ridder NEW YORK Government food aid cargoes to the CIS (Commonwealth of Independent States) could lend a boost to the sagging rate structures in the Atlantic. Rate levels for summer freight have been slipping over the past few weeks, but a scarcity of American-flagged
      Knight-Ridder  -  259 words
    • 230 27 Seatrade Week LONDON Despite international demand, there is an oversupply of Asian seafarers of almost two-to-one to requirements of their national fleets, according to the Korean Shipowners' Association. In a survey on crewing among shipowners' associations in Australia, Bangladesh, China, Hongkong, Indonesia, Japan, Korea, Malaysia,
      Seatrade Week  -  230 words
    • 1109 27 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •APL 5 3-5 Appenship 18 1/2 Arabian Express IS 5 •ASCL 5 5 Asian Brcakbulk IS 1 •ASXCL
      1,109 words
    • 212 27 SINGAPORE National carrier Neptune Orient Lines has formed a shipowning joint venture with Bao-Trans Enterprises Ltd of Hongkong. According to a statement issued yesterday, the new company, which has not been named, will be registered in Singapore. A spokeswoman from the
      212 words
    • 400 27 Lloyd's List LONDON The president of the EC Shipowners' Associations has defended the TransAtlantic Agreement (TAA) as necessary "if the best interests of shippers, shipowners and European industry are to be served". Lord Sterling, head of UK owner P&O, told a closeddoors
      Lloyd's List  -  400 words
    • 163 27 SINGAPORE Hongkong carrier Orient Overseas Container Lines (OOCL) Ltd has appointed a new agent in India, Volkart Fleming Shipping and Services Ltd. Volkart took over from OOCL's former Indian agent Eastern Steamship Private Lines on June 1, according to an OOCL statement issued last
      163 words
    • SHIPS IN PORT
      • 563 28 V«ssd Voy No Berth Arrival Departure llwill Ig Wo Berth Anfrd Departire Jurong Port Agei 06/93 P04 0806/2359 0906/2300 C Express J6 alongside 0906/1900 Bass Reefer 10 S8 P09B 0906/1500 11.06/1500 Dm Sempurna 11/93 12/3 alongside 09 06/2300 Brasta® 1 A22/93 P03 08.06/1600 08.06/2300 Lma 101 06/01/93
        563 words
      • 929 28 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boduni/Baianct Mts Ship Voy No Etb/Btr Period From To From Acx Lily 37B 11/1800 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 Acx Swan 69A 09/1500 1 08/1500 08/1659 08/1900 N
        929 words
    • 12151 36 This is a list of ships loading at Singapore for 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 Penang after
      12,151 words
    • 872 43 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1,585 on June 7 from 1,597 on June 4. Trading on the freight started began the week in a relatively active fashion but details of concluded business were slow to emerge, brokers said. There was confusion
      872 words
    • 809 43 COURSES Title: Multimodal Transport Management Duration: June 17/18 21/22 Organiser: Singapore Freight Forwarders Association Tet For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Handling Of Bunker Barge Duration: June 21-22 Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at
      809 words
    • 1016 44  -  Will there be in future both unlimited and limited liability P&I clubs? Jim Mulrenan reports Jim Mulrenan Lloyd's List THE CLAIMS crisis of the past few years may be over but there is little sign of safer waters ahead for the protection and indemnity
      Lloyd's List  -  1,016 words
    • AIR AND LAND TRANSPORT NEWS
      • 483 46 FT, Reuter NEW YORK The acrimonious "dirty tricks" dispute between Virgin Atlantic and British Airways looked set on Monday night to be decided in court after the collapse of a mediation attempt by the Civil Aviation Authority (CAA). BA said
        FT,; Reuter  -  483 words
      • 548 46 NYT NEW YORK A federal appeals court in San Francisco has ruled that airline passengers can sue for damages if they are prevented from boarding overbooked flights for which they have a valid ticket, but the major carriers said on Monday
        NYT  -  548 words
      • LOG BOOK
        • 79 46 Reuter FORT WORTH, Texas Santa Fe Railway and Burlington Northern Railroad said they signed a haulage agreement over Burlington Northern lines extending from the southwest to the southeast United States to provide seamless service to shippers, starting on Tuesday. Santa Fe will receive haulage
          Reuter  -  79 words
        • 90 46 SINGAPORE AEG of Germany has tied up with Shanghai Crane Conveyor to build rail cars in Shanghai. The electrical and electronics company will hold a5l per cent stake in the joint venture. The venture will start off with with an annual production
          90 words
        • 86 46 Reuter LONDON BAA, the private operator of Britain's international airports, on Monday reported a near 50 per cent jump in annual profits but said this was more due to retail activities than to passengers. Passenger numbers grew by 7.9 per cent to 77.7 million in
          Reuter  -  86 words
        • 66 46 Reuter ROME Magistrates have launched a probe into Alitalia for alleged irregularities concerning aircraft leasing arrangements with another state company, the Italian news agency Ansa said on Monday. Ansa quoted judicial sources as saying Alitalia's managing director Giovanni Bisignani had been formally notified he was
          Reuter  -  66 words
      • 47 46 Reuter PARIS The Palais de Chailkrt statues stand in front of the Eiffel Tower on which a painting of the new Ariane 5 rocket has been fixed on Sunday. The painting is to promote the new rocket ahead of this week's Bourget Airs how. Renter
        Reuter  -  47 words
      • 461 46 AP SYDNEY, Australia The Australian government said yesterday Northwest Airlines must agree to a demand on passenger ratios before the carrier can retain two out of three weekly flights. The issue is the subject of a trade dispute. On Monday, Northwest
        AP  -  461 words
      • 193 46 AFP MIAMI, Florida Two European firms have made offers to buy out Piper Aircraft which has filed for bankruptcy protection. Filing bids on Monday were Pilatus Aircraft, a military training aircraft manufacturer, and II Inc. an investment group headed by Nicolas Barre, son
        AFP  -  193 words
      • 1330 46 eg nm rra nm n» Abu Dbabi GA893 1335 GA964 0150 MltMa Qf81 1940 QF82 2055 kmmm RJ182 2200 Amsterdam GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 Mmn SQ346 2300 AacMmri NZ35 1550 NZ36 2340 SQ286 2030 Bahrain GF148 0905 B Sort Begawan
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  • Page 27 Advertisements
    • 58 27 "THE VITAL UHK T§ HALAVBIA" Raa-Unfc Expraaa providaa a Mai MtMca lo mm your monay. dm* and worry aa a* Mnar your goo>la spaadrty and promptly to your daaunaaona n our orgarwad Malaysia road naiworta Rail-Link Express (S) Pts Ltd Tsl: 354-1223 Fax *****10 4! OUR SERVICES-- EipramAvnf T JUflr
      58 words
    • 26 27 Lines and services represented by Members of the Registry of Accredited {*mSSR\ Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
    • 139 27 BU CARGO-PAK "SJ Ensure optimun^^ Jjfll protection for your cargoes during Hi transport at low costs. FUJI TRAWIM (SINGAPORE) PTE LTD TEL: *****55 FAX: *****43 I P&I club market sharply divided, Page 18 BA-Virgin row set to go to court, Back Page iIK-"" (Hi Every cargo is special to us.
      139 words

  • Page 28 Advertisements
    • 511 28 TSKUNE AGENOES (S) PTE. LTD. AgBU rI 1 C 17 T VUTTI Tel: 226-3363 nPBR| JL JLLMH Fax: 22 1972 3 "T jjjj. *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I j '■■I'A'J *9! 31 5* fiL .P.". *P1.... .H ffl>. *3 MlK.i'B ACX ULY 378 **07.06 •*09.06 0106
      511 words
    • 1091 28 CAUFOMM MACUffr S3 I "ill I 2M I Ml I "I I I 17 I OjSa »11/U2 l!?|l/7|«^fs/H^»/l|lfn NEPTUK OMMOM) l« ***** 4 7 17 17 17 17 17 17 M 7 IL7 tC(W OSAM VM/S2l 14/1 M/l I 2/7 I S/7 t/7 1/7 t/7 M/ 7 11/7 V 7
      1,091 words

  • Page 29 Advertisements
    • 2251 29 maAat,Km DOCUMENTATION TEL: *****64 FAX: *****09 1 fS TEL *****6 BOOKINGS TEL: *****60 *****51/ *****82 hi n ,nt>^\ CFS (PSA F5) TEL: *****21/ *****79 cit? n? ?f£to CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX. 07-*****9 CR NUMBER: **********0 C Dedicated to Quality Service TOWA i [T»MWW WAHWW—» I
      2,251 words
    • 1986 29 BUS AN, KOREA DIRECT SERVICE IN JUST 6 DAYS NEXT AVAILABLE VESSEL: MAERSK EDINBURGH V.9501 ETA SIN 13TH JUNE 93 VMM) voy ETA I ETD Fwdn by —I se. DESTINATIONS n<a mm majestic maersk 930« CY is/06 0600 mrs m[ CFS 14/06 2359 MRS JOM LPK PEN OAK LGB MOU
      1,986 words

  • Page 30 Advertisements
    • 1519 30 aoaba roam/ lI also accepting from VESSEL VOY NO SPORE JEDOAM (VIA JED) S TOW H'BURQ AWERP HAVRE MALAYSIA THAMES 17/122 10/6 2«/0 /6 27/8 Port Keiang. Penang KAI 02/322 12/6 30/6 3/7 5/7 7/7 Paalf Godang LA SEINE 30/123 16/6 2/7 5/7 3/7 EAST MALAYSIA HOECHST EXPRESS 09/323 19/6
      1,519 words
    • 548 30 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd. Sole Foreign Forwarder m Kabul tor aH services C.LS.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam a Mongolia a Hungary CSFB a Poland ocwans AGENOES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA F—dsr Veeeel BTA SM VILLE
      548 words
    • 1222 30 BWMBIW REGULAR INDEPENDENT FULL CONTAINER SERVICE NORASIA SAMANTNA 9322-3 IS/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 20/07 21/07 22/07 23/07 25/07 24/07 I NORASIA SMGA 9324-3 01/07 24/07 31/07 01/00 20/07 29/07 30/07 31/07 02/00 01/00 I NORASIA SHARJAH
      1,222 words

  • Page 31 Advertisements
    • 2080 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11*01 Keppel Towars Singapore 020S Tel: *****88 Fax: *****17 n®iH!MH®fifinamnfiSainiisrT 7^EX^®w~su^Br93HHsTifi~ ACCEPTS IQWr CARGO DUE SM.S RMS Ml MM VOtt KK. Sun. Tm 07 M lun 01 Jun 10 Jul FC LCt CONTAINER AND MCAKBULK MMVtCf TO PAMM NEW QU—A STRAITS
      2,080 words
    • 2478 31 SINGAPORE AGENT: IjXifll I P&O Containers (Singapore Agencies) Pte Ltd X iXW 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Teiex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z vcmcl vov FSS iai «ta sou amy rot nam mm oot vessel vov ant
      2,478 words

  • Page 32 Advertisements
    • 709 32 PE93I wi ~i>iK Pwoci "inw an miata ]m I a-n/i |3i/7 s/» ho t n/i KUTM Wtm I IS.H/7 I U/« 22/8 125/1 TO ■l^j^COfi^yM@ s i EAST COAST W»TS Wl/WT Wl STOM SYO MM BBS flit MCI A. ttSStl m 17/6 lt/t 3>/t 3/7 10/7 A. KSStI OSS 20/0
      709 words
    • 1861 32 HANJIN SHIPPING RM WL SM LM HAUL SEA PDI FOR VSI SM ILK HAUL SAV 111 NYC HANJN VANCOUVER 013E 10 6 D«CT 1/7 3/7 NNMN VANCOUVER 013E 10/6 10KKKH 04X IV7 U/7 l«/ 7 HANJM OAKLAM) 022E 17/6 MRECT 1/7 10/7 HMUM ORKLAM) 022E 17 6 N. AICIICA 0091
      1,861 words
    • 1410 32 I K1 «w an TTO LAI CMS BM. NTCUN MKMI*—PI IK SGP I I OAHI HOM 11/S IV4 17/1 lt/l 21/1 22/4 24/1 2S/I 24/1 21/4 t/7 21/7 23/7 24/7 3/1 4/1 S/« l/l 7/1 17/1 27/1 Jl/» 1/t i cmtr m o<s u/i »/t m in 1/7 7/7 17/7
      1,410 words

  • Page 33 Advertisements
    • 1070 33 1 SINGAPORE/LOS ANGELES —16 DAYS H EB COMMENCING CALIFORNIA PEGASUS 14E II X II ETA SGP 23/06/93 H I J 1/ FEEDER VBL VOY 9CP MOTHER V9L VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN SET CHI DAL/HOL' MPH ATL NYK I r MERCURY IN PT C LUNA
      1,070 words
    • 531 33 CENTENARY SHIPPING I SERVICE Iwmi—aviii CIWMMT—WttI CI h cny InmltoWm+C*, VESSEL'S NAME VOY. WW ETA/P SfONE ETA/P HCM CITY TAN AM AM 92N/S 09-09 JUN 11-11 JIM 93 MAU MANO L ***** 11-11 JUN IS-15 JUN 93 TANAH AM 93N/9 IS-1S JUN 19-19 JUN 93 MAU OIANB LSI4S3 19-11 JUN
      531 words
    • 1020 33 SINSOV SINGAPORE SO VET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ft ODESSA: *****51/*****31 ENQURIES: *****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 EASTBOWP-OCCHMOWG WKTBOUHD-iOAOWC THJUCHPfED
      1,020 words

  • Page 34 Advertisements
    • 1554 34 K*t V W-t* AS AGENTS: KAWASAKI SINGAPORE (FTC) LTD (CM No: 1244I*****0M) v TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 H MALAYSIA: "K" LINE HAMTMI (MALATSU) SON BNO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A INDONESIA: P.T. SARANA LAIIT MTBINUSA. TEL: JKT *****08 KAWASAKI
      1,554 words
    • 1062 34 PHIU OttICNT UN(S PTi LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION v *Q9r AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 JUN SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 11 JUN AUCKLAND. WELLINGTON, LYTTLETON. NEW PLYMOUTH.
      1,062 words

  • Page 35 Advertisements
    • 959 35 PACIFIC INTERNATIONAL LINES (PTE) LTI)N I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CR NO **********0E VESSEL WOV SIM BKK SIN VCSBCL VOY ®WT JKT BIN cnfiATna r,u» T ii e«L mm mm i KOTA "NOAH 3341 IVB 18/8 20/8 EQUATOR CRYSTAL MSN Wl 15/8 I#/* BUNOA
      959 words
    • 1620 35 VESSELS VOT MA FEEDER SPORE lIIMWC ROTTERDAM ANT NUT THAMES LE KM VI —it im mck )VIW 13/04 09/07 11/07 12/07 13/07 15/07 torn AIWntWM 7129W >»/* l«/«7 11/07 19/07 20/07 22/07 mix ik mm «in« 27/* 23/07 25/07 20/07 27/07 20/07 mil DE KIDS 922 m 04/07 30/07 01/00
      1,620 words
    • 420 35 BSfl it Wm MYANMA PHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.K»| Pan P.Gd| HP AM VISIW In Port PAGAN Vl9B* 12/13 km 07/09 JUN 10/11 MN PATXM VI23N 10/14 hm MALAYSIA AGENTS BOUSTUO SHPPMG AGENOES Ml m 03 *****00 PW.: IQ 03 3CK7C7 PEN.
      420 words



  • Page 38 Advertisements
    • 2468 38 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: I General Agents: Baking Agents: General Agents: Seeking Agents: Gean Geen Slmmg S* BM Ckmg CMae Stmmg S+Bkd P.T. Gbhal Pwtra ledenesia Maritime Yick Fling Shipping 6 rirr'T Fn#* InU« lodkjr franport Costar Shipping Pte Ltd SIM rmgU
      2,468 words

  • Page 39 Advertisements
    • 649 39 //g FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 T&r HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 14/06 ROTTERDAM 14/06 AARHUS/COPENHAGEN 14/06 HAMBURG/BREMEN 14/06 MARSEILLE/FRANCE 10/06 FELIXSTOWE/UK 14/06 BARCELONA/SPAIN 10/06 LEHAVRE/FRANCE 13/06 GENOA/ITALY 12/06 ANTWERP/BELGIUM 14/06 LOS ANGELES/WC/PI 13/06 SYDNEY/MELBOURNE 10/06 NEW YORK/EC 13/06 FREMANTLE/ADELAIDE 10/06 VANCOUVER
      649 words
    • 1211 39 g^^^TScHFIEr^ES!II^rSMc!E^S)PTETTD| TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING SPOR6 ABYOT 32 WB 12/06 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA AKDtNET 31WB 24/07 OARESSALAAM MOMBASA OJBOUTI ASSAB MASSAWA g KIEN HUNG
      1,211 words
    • 333 39 I pi PONGN AMA LINE] mxi n n m rm mc n WUT94 CLORT V344M 12/t 13/4 15/4 14/4 27/4 34/4 HO»ONCQ.atT V394R IS 6 21/ C 23/4 4/7 7/7 MMUH V347N »/i 24/4 34/4 1/7 11/7 14/7 WLSMU W47W 4/7 1/7 1/7 l»/7 21/7 KSSa SK XT SK HRC
      333 words

  • Page 40 Advertisements
    • 1340 40 iputaMN CONTAINER LINES *|^N MAC-NELB SPORE: *****22 (24 LINES) J reNANGMO4)°S»S36 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 j HKG/TWN/BKK I GOTH/UKC/MED PORTS J PEN PKL SIN EVERY TUE/TMW/MT PEN PK SIN J 9/6 10/6 11/6 Honj Konf Ldn/Fl*/Rdm/Ant/IHV/Ham 12/6 13/6 14/6
      1,340 words
    • 178 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD IH CTI CH ME rati KELMG FOMHE rue m w% loate* to* Mate RIWM HUDHU 23,6 lMdn| tor CAntU OOfNN 166 14/t loatat fo> M* p»cu arm z«/s iMdMf for Mak MMEDM lojdH* For Malt noons inn u/« load«( tor Male nam
      178 words
    • 921 40 /&Z THONG SOON UNES PTE. LTD.) M: 77 RO6MSON ROM) #15-00, #***** SU BURJMNG SHGAPORE 0106 TEL: *****5S FAX NO: *****11, *****22 TUL IB ***** CAREER, RS ***** JENHOL CABLE: TOSOCO lESSEL NT rFIB [REST lESSEL IQT STORE REST EQUATOR 111 90/3E 09 JUN KUCHING EQUATOR ROYAL 77/3E 09 JUN
      921 words

  • Page 41 Advertisements
    • 760 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAXHJLK SOC CARGOES TO/FROM KOK. YOKOHAMA. NMOVft. MOI. TOKYO*. MANILA*. OAVAO* Ptnani* P. Kelaif Singapore EUsia* KAMALEVERETT VI6E PT.9/9 lun KARABEVERETT VI2E 22/23 Jul SHAPIAEVERETT VI6E 08/09 Jul 10/11 Jul ACCEPTMG BRfAKBUU FCI SOC CARGOES TO/FROM CHTTAGON6, CALCUTTA AND MONGLA*. Smjapore P.
      760 words
    • 333 41 la* 6L—Y urnmm mST REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT MEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********01* SP PKL PNG KAO GLORY SELATAN VH 15/6 17/6 18/6 25/6 GLORY SELATAN V 8/6 15/6 SP PKL HCM HK KAO SUNG YUNG 7/6 ACCEPT CLASS CARGO TO
      333 words
    • 613 41 KSL -WORLDWIDE ruuu CLOIt STEAMHS IMS REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TOO 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
      613 words
    • 453 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P.ELIZABETH SIN FENCSHUNSHAN V 45/46 19/06 05/07 08/07 26/07 FENGANSHAN V 122 04/07 20/07 23/07 tt/OB FENGMANCSHAN VS2/S3 19/07 05/08 08/0S 26/ OS ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS
      453 words
    • 314 41 SjN FAI EAST 15/6 KEELUNG/KAOHSIUNG 12/6 BANGKOK 14/6 MANILA/CEBU 13/6 JAKARTA/BELAWAN/SURABAYA 13/6 PORT KELANG/PENANG/E. MALAYSIA 13/6 BUSAN 13/6 TOKYO/YOKO/KOBE/NGO/OSA 13/6 HONG KONG SjN CHHM (+9#±«?tn) 13/6 GUANGZHOU/HUANGPU/SHENZHEN F UZHOU XIAMEN /SHANT OU/ SHEKOU DALIAN SHANGHAI /XINGANG TIANJIN/QINGDAO/HAiKOU also accepting LCL cargo SjN EUROPE/UK 14/6 LDN/FLX/LVP/SOU 14/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo
      314 words

  • Page 42 Advertisements
    • 787 42 anUB BOPKKS ftSBiOES HONG KONG/CHINA 14/6 6 21/6 JAKARTA 12/6 18/6 BANGKOK 16/6 6 23/6 MANILA 12/6 18/6 BUSAN 14/6 21/6 KEELUN6 11/6 17/6 TOKYO/KOBE 12/6 18/6 KAOSHIUNG 15/6 A 22/6 PONT KELANG/PENANG 12/6 18/6 YOKOHAMA 12/6* 18/6^ COLOMBO 11/6 A 17/6 FELIXSTOWE/HAMBURG 12/6 A 18/6 I CHITTA6ON6/MADRAS 14/6 A
      787 words
    • 424 42 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND HTH JUNE ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 10 JUNE PORT KELANG 10 JUNE JAKARTA 13 JUNE BANGKOK 13 JUNE SURABAYA 14 JUNE FREMANTLE 10 JUNE MELBOURNE 18 JUNE SYDNEY 18 JUNE BRISBANE «JUNE 'ACCEPTING TO ALL SCANDINAVIA POUTS I KARACHI
      424 words
    • 487 42 This Week's Sailings FIRST FORWARDER IN To: ETD To: ETD asia awarded Singapore Singapore lso 9002 BY LR O A EVERY EVERY Bangkok SUN Hamburg SAT y^i EVERY EVERY /^§^\rQn Manila SUN Ho Chi Minh FRI ({fm EVERY EVERY S Colombo TUE Los Angeles SUN MTERNATIONAL SEA FREKHT FORWAADOK Tel
      487 words
    • 116 42 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOK YO/YOKOH AMA/N AGOY A/KAOSHIU NG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW 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 A LAM ARROW
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  • Page 43 Advertisements
    • 1219 43 THE RELIABLE LINE TO ALL AUSTRALIAN PORTS Nedlloyd Lines OCEM VESSEL SM l£N RTM(I) HAM(2) BRV FU GOT «SEL JM M« SM Stoy. M F*(A) nUmHh TMan. 1*<B) Dm*(B) Napier Wg(C) Tamp Mf Mm mi Eurooa/2183 15/6 3/7 4/7 5/7 7/7 8/7 6/7 Rosano/3215 3/6 5/6 In PT 11/6 26/6
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  • Page 43 Miscellaneous
    • 451 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OtOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2100 2100 2200 23H 2.7 3.1 3.1 2.9 2.4 1J 1.3 0J O.C 0.5 0.5 0.9 1.4 1.9 2.2 2.3 22 2.0 1J 1.2
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  • Page 44 Advertisements
    • 600 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SWGAPORE MAHLA VIGOUR SINGAPORE tftfi U/M/93 ISZfIfiZM »i!S°E?KL W6OUK SINGAPORE 55ANB 14/06/83 19/06/93 M T VIGOUR PACFIC 20WB IS/06/93 26/06/93 VIGOUR PACIC 20ANB 21/06/93 26/06/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SH6APORE PORT KLANG I* fENANG MAWWA MAS 93S1N MZSSZ32 K/Pt/9?
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    • 377 44 FREIGHT MANAGEMENT I GeNCRAL *****11 BOOKING: *****55 AUSTRALIA Sydney, Melbourne 18/6 Brisbane 15/6 Fremantle 10/6 Adelaide 10/6 J EES FREIGHT SERVICES PTE LTD J #01-60 Wallich Building, Singapore 0207 ■B -J Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) IMPORTING FROM USA WE PROVIDE WEEKLY SAILINGS WITH
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    • 419 44 a WOOD LINE SOUTHERN AFRICA SERVICE SPORE ft DSN CT v A VESSEL ***** 20/6 7/7 14/7 2S/7 •ALSO CALLS EX. AND PE. PK SEAFIX MBMIO SON BHD TEL M 7 5629TLX. ***** KJC: CAPRICORN FWBOHT SERVICES TEL 211 MB TUL ***** SgjL SECIL MARITIMA, U.E.E.j Luanda, Angola. FAR EAST/
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  • Page 45 Advertisements
    • 948 45 I ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE ttSSELS VOV 1 HW 1 ftt 1 PCD I «SSEIS WV ISN I HTM OCT* IPC HOI WE* FH NOMSM MALACCA 9321 A Ot/OC 09/06 10/06 H. COMMANDER 304W 13/06 02/07 02/07 03/07 04/07 04/07 06/07 MM ADVANCE 20A 15/06
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    • 489 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO I HEAVY LIFTS INBOUND VESSELS RSOL MT SP PI IK II CNMIUW M SU M PT warn puis i pt lUM 17 11/ l 11/1 MA l«/l KM MM M 11/1 CfSMC PMMEI M 11 1 11/ l UN 11U It 11/ l
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    • 922 45 JEDDAH/UK/CONTNEKT ISTOM |0 S-TON ITMMC IT>M» lEH *Mm Acc*pM« Cjrp Fv: IM 12/322 12/1 21/1 31/1 3/7 7/7 S kIRMMKIMMMI U SEM 31/123 11/ l 3/7 1/7 1/7 lottvdan :M M IM—p. MulwMw. ttRMMMI HOICMST UPMSS M/ 323 19/1 11/ l 7/7 11/7 12/7 14/7 TmPi—plw :to M M MriMtt.
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  • Page 46 Advertisements
    • 5 46 technology! Tomorrow in Business Times
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    • 161 46 (TECHNOLOGY Tomorrow in Business Times I We are a medium-sized company involved in the oil industry services. Due to rapid expansion, we require the following new positions to be filled in July 1993:(1) Shipping Manager Minimum 5 years relevant experience (2) Shipping Executive I- Experience in shipping and forwarding industry
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