The Business Times, 11 June 1993

Microfilm: NL18529
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE KNOW ASIA MITA (P) 552/12/92 Friday June 11 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Iraq blocking UN weapons inspectors
      78 1 Reuter UNITED NATIONS Iraq is preventing United Nations weapons inspectors from installing sophisticated cameras to monitor two missile testing sites, a UN official said yesterday. The UN team, which entered Iraq last Friday and had been due to remain for about a week, will now
      Reuter  -  78 words
    • Article
      Lock icon Canada warns US of retaliatory action
      60 1 Bloomberg Business News WASHINGTON Canada will consider taking retaliatory action against the United States if the Clinton Administration decides to restrict imports of sugar-containing products such as drink mixes and gelatins, a Canadian Embassy official said yesterday. The official said, however, that it is
      Bloomberg Business News  -  60 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Thursday Change STI1 1864.65 +0.14 KLSE Composite 737.53 +2.60 Nikkei 20.493.32 -81.92 Hang Seng 7.260.58 -78.50 SFT Inde* 844.01 -1.87 Jakarta Composite ...351.38 -1.45 CLSA China B 1,056.92 -15.86 Aust All Ord 1.712.5 +3.4 FTSE 100 2.860 -6.9 Tharvtajr Previous llam dose Dow Jones 3.511.37
    111 words
  • Article
    Japanese companies to boost investments in Singapore
    422 1  -  By Chuang Peck Ming SINGAPORE Japanese companies in Singapore plan to pump in more investments in the next three years and employ more local staff, says the local Japanese Chamber of Commerce and Industry (JCCI). The investment upturn the first in three years
    422 words
  • Article, Illustration
    Lock icon Japan's global investment to fall further
    380 1  -  From Anthony Rowley in TOKYO JAPAN'S global investment in manufacturing and service will continue to shrink for some time, but Asia, including parts of Asean, will be favoured by Japanese investors, says a newly-released official report. The Research Institute of Overseas Investment, an agency
    Source: Exim Bank of Japan  -  380 words
  • Article, Illustration
    Lock icon S'pore GIC to treble investment in Taipei bourse
    348 1  -  By Teh Hooi Ling SINGAPORE The Government of Singapore Investment Corporation, already the biggest single foreign investor in the Taiwan stock market, plans to treble its investments there to US$5OO million (about SSBOO million). A Bloomberg report yesterday quoted a senior official
    Source: Bloomberg  -  348 words
  • Article, Illustration
    Lock icon Li Peng recovers, will meet Mahathir on Sunday
    439 1 AP BEIJING Chinese Premier Li Peng has recovered from his recent bout of illness and will make his first public appearance in seven weeks when he meets the visiting Malaysian Prime Minister on Sunday. The government still has not disclosed the nature
    AP  -  439 words
  • Article
    Indonesia announces first of two deregulation packages
    557 1  -  Import licensing to be eased Tariff cuts Tax breaks Deregulation of motor industry From Maggie Ford in Jakarta INDONESIA yesterday unveiled the first of two deregulation packages designed to increase efficiency in the economy, expand and deepen the country's export manufacturing structure, and
    557 words
  • Article
    Hun Sen refuses to hand over power, six provinces break away
    287 1  -  By Harish Mehta SINGAPORE State of Cambodia Prime Minister Hun Sen has refused to hand over power until the UN investigates allegations of fraud in the May 23-28 general election. And at least six Cambodian provinces have "seceded" after
    287 words
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      152 1 100% COTTON DOCKERS* PANTS BY LEVI S LEVI'S BOUTIQUES: #02-19 Centrepcnnt #02-114 Far East Plaza #01-24 Forum The Shopping Mall #01-16 Lucky Plaza #02-118 Manna Square #01-09 Shaw Leisure Gallery #81-64 Wisma Atria CONTENTS S pore News 2 Spore*sa 9,10 Reponal New 3.4,5 Fnancol 12,13 WorWNews FutHm Mvfccts Anatyss 31
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      9 1 Advertising Marketing Henen wins first govt account Pg 29
      9 words
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      10 1 Hock Lock Siew How should LAM shareholders vote? Pg 9
      10 words
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      76 1 The fojnork Line Be kinMußomania Back Pg TONY SHOES TRADING CO 04-111RVING ROAD. IRVING INDUSTRIAL BLDG STORE 1336 TEL: 284 6857 282 8577 TLX ***** TONYSO FAX: 280 7421 Partition looms over Cambodia, Page 3 ALFRED DUN HILL Dunhill Edition. /iar rmi*i a/ine /rHi<jr<imcr. intf>r*A4n'oi* ftr/tr* tAr i/r/bfA p/ it*
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Potholes ahead
        354 2  -  By Anna Teo ROSY as the growth outlook is, the economy could yet spring a few unpleasant surprises, according to broking firm Kay Hian James Capel. Its in-house composite leading index, comprising several financial and other sectoral performance indicators, points to a sharp decline in growth for at
        Source: Kay Hian James Capel  -  354 words
    • Article
      Batam exported more in 1st quarter than whole of 1991
      237 2  -  By R Sivanithy EXPORTS from Batam island hit U*****.86 million (about SS43O million) in the first four months of this year, or more than the US$242 million exported in the whole of 1991. Latest figures from the Batam Industrial Development
      237 words
    • Article
      Corrections and clarifications
      86 2 IN our Page 1 main report yesterday, we said that Singapore Telecom International was bidding for a nationwide telecommunications project in Hungary worth US$3.5 billion to US$6 billion. This is incorrect. Singapore Telecom has clarified that the project is much smaller. The US$3.5-US$6 billion range refers to
      86 words
    • Article, Illustration
      S'pore-HK group to invest US$50m in Chinese city of Ningpo
      447 2  -  By Lilian Ang Chuang Peck Ming CHINA-SINGAPORE International (CS), a newly-formed consortium which includes big names like governmentowned Temasek Holdings and Hongkong's Worldwide Investment, has signed a letter of intent with the Ningpo authorities to invest in several projects in
      447 words
    • Article, Illustration
      Water treatment company's next wave of expansion
      291 2  -  By Genevieve Cue HOMEGROWN water treatment company Chemitreat is expanding into the domestic market for water purifiers. The company, which has traditionally focused on purifiers for industrial and commercial use. has also applied for patent protection for a new product for the electronics
      291 words
    • Article
      Telecom installs new systems worth $6m
      108 2 SINGAPORE TELECOM has invested $6 million in transmission and support systems in another move to enhance Singapore's international telecommunications services. The two Digital Access Crossconnect Systems (DACS) and an Operation Maintenance System (OMS) were commissioned last month and supplied by AT&T. The new systems
      108 words
    • Article
      Prime US commercial property to be auctioned here
      199 2  -  By Kooi Cho Teng ABOUT $100 million worth of prime commercial property will be placed under the hammer next month by international real estate auctioneer Kennedy-Wilson. Jones Lang Wootton, which is also involved in the sale, said yesterday that most of the
      199 words
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      126 2 Protect Your Computer Investment. Buy An Epson. EPSON Let's Go California Dreaming! Catch the wave of Californian cooking from May 24 to June 20 at the delightful Trader Vic's restaurant. Taste the free and easy servings of delightful clams, shrimps and beef fillet...delicious treats that deserve an ovation. And of
      126 words
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      86 2 from?- jßfcMfcwijgl»W.,~ Your chance win EXCITING TRIPS AND OTHER |H|H FABULOUS PRIZES in PWZE: VfHTIBI A trip for two to To win, pick up an issue of Business Week beautiful Gold Coast, magazine from 7 June to 30 August 1993. Australia Entry forms are in the 7 June to 30
      86 words
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  • THE REGION
    • Article, Illustration
      Hun Sen's refusal splitting the country
      730 3  -  The Cambodian power struggle By Harish Mehta SINGAPORE The bombshell that Cambodians had been waiting for fell yesterday at a meeting of the country's Supreme National Council (SNC). At that meeting. Prime Minister Hun Sen said his ruling Cambodian People's Party (CPP) could not
      730 words
    • Article
      Lock icon Respect polls results: China
      138 3 AFP BEIJING China yesterday called on Cambodian factions to respect results from general elections last week and unite around Prince Sihanouk. "The results of the election in Cambodia should be fully respected," foreign ministry spokesman Wu Jianmin said at a weekly press conference. "We hope the
      AFP  -  138 words
    • Article
      World Bank report urges more reforms in Indonesia
      433 3  -  From MAGGIE FORD in Jakarta INDONESIA needs to dismantle trade barriers, cut red tape, improve its financial and legal systems and allow more competition to make its industries more efficient, says a World Bank report. The just-released document says the economy is
      433 words
    • Article, Illustration
      Lock icon HongkongBank opens Batam branch
      122 3 SINGAPORE Hongkongßank yesterday officially opened its Batam branch the first foreign bank to set up an operation on the island. The branch, which is Hongkongßank's fifth in Indonesia, has a full banking liccncc. Its Indonesia manager, Peter Atkins, says it will target companies which operate on
      Picture by Arthur Lee  -  122 words
    • Article
      Lock icon British Aerospace gets £500 m Indon order
      165 3 Reuter LONDON British Aerospace pic (BAe) said yesterday the Indonesian government had ordered 24 Hawk trainer aircraft for its airforce. Industry sources put the value of the deal at £500 million (about Ssl.2 billion). A BAe spokesman declined to comment on the value
      Reuter  -  165 words
    • Article
      Lock icon Call for Thai commerce minister to quit over rice issue
      362 3 Reuter BANGKOK Opposition politicians in Thailand have demanded Commerce Minister Uthai Pimchaichon's resignation, accusing him of incompetence in handling the country's troubled rice trade. Mr Uthai bore the brunt of opposition attacks on Wednesday and Thursday during a scheduled three-day
      Reuter  -  362 words
    • Article
      Asia's export growth likely to weaken: Merrill Lynch
      506 3  -  By Anna Teo SINGAPORE Asia's export performance this year has been uneven so far, and may weaken over the next 18 months, says Merrill Lynch. In its latest Asian Economic Commentary, the American securities firm also pointed to the weak monetary growth
      506 words
    • Article
      Lock icon Malacca tycoon, 83, shot dead
      208 3 Bemama MALACCA Tycoon Teh Boon Giaw, 83, who survived an attempt on his life a year ago, was shot dead in front of his house in Jalan Tun Cheng Loke here yesterday. CID chief Supt Aziz Bulat said Mr Teh was shot at close range
      Bemama  -  208 words
    • Article
      Lock icon Malaysia wrestles with labour shortage in economic boom
      352 3 Reuter KUALA LUMPUR Malaysia's economic boom has outstripped its labour supply and despite a shift to capitalintensive industry, it still depends on foreign workers in some sectors. "Malaysia's push for capital-intensive investments is beginning to bear fruit," Ng Teck, deputy director-general of
      Reuter  -  352 words
    • ASIA NOTES
      • Article
        Lock icon China denies plans to scrap FEC
        64 4 Reuter BEIJING China's Foreign Ministry spokesman yesterday dismissed rumours that Foreign Exchange Certificates (FEC), the special currency used by foreigners, would be abolished next month. The convertible FECs, although supposedly at par with the renminbi (people's money), command a premium of up to 70
        Reuter  -  64 words
      • Article
        Lock icon Industrial park for each M'sian state
        62 4 Bernama PENANG Malaysia plans to have at least one sizable industrial park for small and medium-scale industries in each state by the year 2000. A sum of Msss million (5534.6 million) has been provided for this purpose under the Sixth Malaysia Plan, a senior
        Bernama  -  62 words
      • Article
        Lock icon S Korean royalty payments fall 28pc
        77 4 Reuter SEOUL South Korean royalty payments in 1992 fell 28 per cent to U*****.6 million (SSI.3 billion) from US$l.lB billion the previous year, the Korean Industrial Research Institute said yesterday. An institute official said royalty payments to the United States accounted for 53.2 per
        Reuter  -  77 words
      • Article
        Lock icon Share prospectus in Malay
        83 4 Reuter KUALA LUMPUR All Malaysian firms planning to float their shares on the stock market will have to issue their prospectus in English and Malay. Domestic Trade and Industry Minister Abu Hassan Omar was quoted as saying on national radio yesterday that the move will ensure
        Reuter  -  83 words
      • Article
        Lock icon Brunei foreign minister in Beijing
        48 4 AFP BEIJING Brunei's Foreign Minister, Prince Mohamed Bolkiah, has arrived for his first visit to China since diplomatic relations were established, the Xinhua news agency reported yesterday. The minister is scheduled to meet his counterpart, Qian Qichen, during his six-day official visit. AFP
        AFP  -  48 words
      • Article
        Lock icon Taiwan fund for massacre victims
        57 4 AFP TAIPEI Taiwan will set up a NT$2 billion (S$ 122.7 million) foundation for the relatives of thousands of people massacred by troops in 1947 as part of its efforts to heal the historic wound, officials said yesterday. During the so-called Feb 28 Incident, Nationalist
        AFP  -  57 words
    • Article
      Lock icon China exporting missile technology to Pakistan: US
      388 4 If confirmed, shipments could trigger US sanctions Reuter WASHINGTON The United States has gathered "very disturbing evidence" that China is exporting sensitive missile technology to Pakistan in breach of its pledges, the chief US policymaker for the region said on Wednesday. Winston Lord,
      Reuter  -  388 words
    • Article
      Lock icon HK property market sees biggest surge in volume in 5 years
      262 4 Reuter HONGKONG The colony's property market saw a huge surge in major transactions in May, the busiest month for five years. First Pacific Davies said yesterday. "Major" deals worth more than HK$lOO million (5520.8 million) totalled HKS22 billion in
      Reuter  -  262 words
    • Article
      Lock icon US holding talks with N Korea over nuclear treaty as deadline looms
      334 4 AP UNITED NATIONS With time running out, American diplomats tried again yesterday to persuade North Korea not to pull out of the Nuclear NonProliferation Treaty and to open its nuclear plants to international inspectors. A deadline is looming
      AP  -  334 words
    • Article
      Lock icon S Korean analysts lukewarm on financial reform paper
      167 4 Knight-Ridder SEOUL The South Korean government has received lukewarm applause but applause nonetheless for the financial reform package it released late last month. Analysts and economists said the 81-page report reaffirms the government's intention to remove some of the rigid regulations with
      Knight-Ridder  -  167 words
    • Article
      Lock icon HK welcomes Britain's passport decision
      200 4 AFP HONGKONG Hongkong yesterday welcomed Britain's decision to allow Hongkong citizens to hold dual British passports in the run-up to the colony's return to Chinese sovereignty in 1997. "We are pleased that the Home Secretary has been able to take these exceptional steps to meet
      AFP  -  200 words
    • Article, Illustration
      Lock icon US gives Taiwan ultimatum over copyright laws
      451 4 AFP TAIPEI The United States Trade Representative Office (USTRO) has issued an ultimatum demanding that Taiwan passes copyright protection laws or face trade retaliation, officials said here yesterday. In a message to Taiwan, the USTRO said Taipei must pass the patent, trademark and
      AFP  -  451 words
    • Article
      Lock icon Japan govt split on whether recession is over
      485 5 Reuter TOK.YO The Economic Planning Agency (EPA), which closely monitors Japan's economic health, clashed with other ministries yesterday over whether the recession is over. EPA Minister Hajime Funada told a monthly meeting of economic ministers that the stagnant domestic economy had finally
      Reuter  -  485 words
    • Article, Illustration
      Lock icon Just when you thought it was safe...
      65 5 Reuter BRISBANE The great white shark is back with a vengeance. Fisherman Nev Roser is seen here posing with a four-metre specimen he caught yesterday at Moreton Bay, 150 km north of Byron Bay, where a Sydney diver was killed by a similar
      Reuter  -  65 words
    • Article
      Lock icon Japan seen taking tough stance at economic talks
      351 5 AFP Bloomberg Business News TOKYO Japan is expected to adopt a tough stance at high-level economic talks with the US today, the most comprehensive bilateral discussions since President Bill Clinton took office in January. The talks in Washington are aimed at establishing
      AFP; Bloomberg Business News  -  351 words
    • Article
      Lock icon NZ farmers alarmed as foreign ownership of farmland rises
      237 5 Bloomberg Business News WELLINGTON A New Zealand farmers' organisation has expressed dismay with new figures showing an increase in foreign ownership of the nation's farmland. The government said foreign investors in 1992 bought about 20,000 hectares of farmland valued at NZ$2OO
      Bloomberg Business News  -  237 words
    • Article
      Lock icon India to seek fresh IMF loan facility
      341 5 FT LONDON India plans to begin talks next month with the International Monetary Fund on a new loan to help fill its need for US$2 billion (553.2 billion) to US$3 billion of quickly disbursed official lending. Finance Minister Manmohan Singh, on a visit
      FT  -  341 words
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      59 3 CERRUTIIBBI SWISS WATCHES RI.TI 1881 B! mm M /3F/ f Jung is on my side. Sole Agent Singapore DYNASTY WATCH PTE LTD, 20 Bideford Road, #07-00, Wellington Building, Singapore 0922. Tel: 733 2765 Fax: 235 3697 Malaysia DYNASTY WATCH SDN BHD, Lot Tl/4-5, Ist Floor, Wuma SPS, 32 Jalan Imbi,
      59 words
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      841 4 J. P. Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York JI'M Consolidated statement of income for 1992 JPM Consolidated balance sheet at December 31, 1992 (Condensed) (Condensed) In millions Net interest revenue except per share data Assets Interest revenue $7281 Cash and due from banks
      841 words
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      288 4 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 in the ma rrtH THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF PUAS SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS (Pursuant to Section 290(2) (b)] At an Extraordinary General Meeting of the Company held at 460
      288 words
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      280 4 M THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER Of NOROTRAMP (SINGAPORE) PTE LTD (M MEMBERS' VOLUNTARY LIQUIDATION) Extract of Minutes by Rapi—>nt*rv of Holding Company relating to proceedings of subsidiary Company pursuant to Section 179(6) of the Compenies Act. -SPECIAL RESOLUTION" Thai tha Company ba
      280 words
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      256 5 INTRODUCING A CAR THAT OUTPERFORMS THE BMW 5 SERIES. m 1-jJn n w*£r* THE BMW 5 SERIES WITH VANOS. The BMW 5 Series start that can only be described as breathtaking. has always been one of the finest performance cars on Add to this six powerful cylinders, and you have,
      256 words
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      95 6 I I JHi JP THE I H AJ/ Y W EIGHT IN I I CONTAINER LOGISTICS I I HA S BEE NAWARDED I I THE ISO 9002 I 1 I W T LOGISTICS THE FIRST INLAND CONTAINER TERMINAL IN Southeast Asia to achieve ISO 9002 CERTIFICATION FOR WAREHOUSING, TRANSPORTATION AND
      95 words
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      209 7 1! I i i j II |H|H| 1111 Ij OJk HYUNDAI I (arlslitfq II WISMA CONTAINER I 1 EWKEWB.CTOTIUCICTia.im H II REPAIRING WORK I I I D |m I Carlsberg Marketing (Singapore) Pte. Ltd. II II Mullnl ill iuBI 11 fin ill 1O C BOUSING SERVICES ji tow! Co., if
      209 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon US housing starts up 3.1pc: Survey
        76 8 Bloomberg Business News WASHINGTON US housing starts rose 3.1 per cent in May to 1.250 million at an annual rate, according to the average of 10 forecasts in a survey. The lowest mortgage rates in decades are attracting more buyers to real estate markets
        Bloomberg Business News  -  76 words
      • Article
        Lock icon Remove Cold War bans: AT&T
        151 8 UPI WASHINGTON American Telephone and Telegraph Co said on Wednesday it has asked the Clinton administration to remove most remaining Cold War-era restrictions on exports of high-tech telecommunications equipment to China and the former Soviet Union. Greg Hughes, president of AT&T Transmission Systems, told a
        UPI  -  151 words
      • Article
        Lock icon Nato set for air power over Bosnia
        73 8 AP ATHENS Nato is ready to take part in a US-led effort to use warplanes in Bosnia-Herzegovina to protect UN peacekeepers in six "safe areas" for Muslim civilians, the alliance's chief said. "The United States will be the main contributor, but not the
        AP  -  73 words
      • Article
        Lock icon Russia threatens Georgia, Abkhazia
        61 8 Reuter TBILISI Russian Foreign Minister Andrei Kozyrev threatened Georgia and its rebel region of Abkhazia with tough economic sanctions if bloodshed continued. Mr Kozyrev told reporters on Wednesday night that representatives of Russia, Georgia and Abkhazia would launch a week-long session of talks today in Moscow
        Reuter  -  61 words
      • Article
        Lock icon US welcomes Kuwait lift of boycott
        89 8 Reuter WASHINGTON The US on Wednesday welcomed moves by Kuwait to end a boycott of companies that do business with Israel. The move by Kuwait to end the secondary boycott of US firms, while significant, did not eliminate a direct boycott of Israel. White
        Reuter  -  89 words
      • Article
        Lock icon US group to assist in suicides
        56 8 Reuter SEATTLE Right-to-die advocates in Washington state have formed what they call the first "rational suicide" counselling service in the US. The group, which calls itself Compassion in Dying, opened an office in downtown Seattle last month to assist terminally ill people who want
        Reuter  -  56 words
    • Article
      Lock icon Clinton's Budget plan gets cool response from business executives
      270 8 Reuter WASHINGTON Business executives reacted coolly on Wednesday to US President Bill Clinton's plan to slow the Budget deficit by a combination of more taxes and less spending, with some saying he was too heavy on tax increases. The coolness found
      Reuter  -  270 words
    • Article
      Lock icon Fed seen raising rates if inflation data is strong
      405 8 Reuter NEW YORK If inflation packs a one-two punch when US price figures are released this week and next, expect the Federal Reserve to retaliate by raising interest rates swiftly, economists said on Wednesday. The change would mark a dramatic shift
      Reuter  -  405 words
    • Article, Illustration
      Lock icon New Gatt head stresses importance of Uruguay talks
      665 8 IHT BRUSSELS Recession, rising unemployment and evergrowing competition from Third World countries may be shaking faith in the creed of free trade in the West, but the new head of the world's trade organisation voices no doubts about his mission. Peter Sutherland,
      IHT; Reuter  -  665 words
    • Article, Illustration
      Lock icon The agony and the defeat
      41 8 Reuter VLASIC, Bosnia Bosnian Croat soldiers passing by a Serb soldier after surrendering on central Bosnian Mt Vlasic on Tuesday. About 7,000 civilians and some 700 soldiers fled to Serb-held territories under heavy Muslim attack. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Bank of England deputy says UK inflation not licked yet
      346 8 Bloomberg Business News DUXFORD, England British inflation isn't beaten yet, and the UK authorities can't afford to become complacent about the dangers of inflationary pressures eroding the value of money, said Eddie George, deputy governor of the Bank of England.
      Bloomberg Business News  -  346 words
    • Article
      Lock icon Mulroney praises Nafta, Mexican president
      209 8 Reuter OTTAWA Canadian Prime Minister Brian Mulroney rejected a call on Wednesday for Canada to pull out of the North American Free Trade Agreement (Nafta) with the United States and Mexico because of alleged human-rights abuses in Mexico. "North American free trade is not necessarily
      Reuter  -  209 words
    • Article
      Lock icon Yeltsin offers concession on constitution draft
      250 8 Reuter MOSCOW President Boris Yeltsin offered a serious concession to his parliamentary opponents yesterday, saying their draft for a new Russian constitution should be considered as well as his own. In a speech to a plenary session of his Constitutional Assembly, he also backtracked
      Reuter  -  250 words
    • Article
      Washington said to have named Walter Mondale as Tokyo envoy
      509 8  -  From Leon Hadar in WASHINGTON IN A sign of the importance that the US is attaching to its ties with Japan, the Clinton administration has reportedly decided to nominate former vicepresident Walter Mondale as the new ambassador to Tokyo. The
      509 words
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      Page 8 Advertisements Column 1
      113 8 BRISBANE SHOPPING CENTRE 368-374 Moggill Road, Indooroopilly, Brisbane (Cnr Station Road) Current Net Income $194,944.25 pa Fully leased to 8 tenants assured rental growth. Major tenants include Brumby's, 727 Store, TAB and Telecom. Excellent exposure to major western suburbs arterial link road. 200 metres from Indooroopilly Regional Shopping Centre. To
      113 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Eu family buys back medicinal business from Eu Yan Sang
      534 9  -  By Kooi Cho Teng SINGAPORE The Eu family has regained control of its traditional Chinese medicinal business in a $21 million deal to buy four subsidiaries from Lum Chang-controlled Eu Yan Sang Holdings (EYS). The agreement on the sale of
      534 words
    • Article
      UIC halves manufacturing losses to $941,000
      331 9  -  By Sylvia Wong .SINGAPORE United Industrial Corporation's manufacturing division slashed its losses to $941,000 in 1992, from $1.86 million the year before. The manufacturing arm, which includes detergents, printing, packaging and electronics, is now the only unprofitable sector of the diversified group. Property, the
      331 words
    • Article
      Sunshine Allied plans to move manufacturing operations to M'sia
      222 9  -  By Genevieve Cua SINGAPORE Confectionery group Sunshine Allied Investments is planning to shift its entire manufacturing operations to Malaysia a move which is likely to see another retrenchment. Sunshine laid off 85 workers in February. Its chairman Ishwar Nahappan said in
      222 words
    • Article
      Bousteadco chairman to quit post
      208 9 SINGAPORE Thomas Macpherson, the chairman of trading and investment group Bousteadco, will resign the chairmanship at the end of the month to umunttaH on Bonstcnd pk in London Lim Hong Kent, who was appointed company director last December, will take over as chairman daring the
      208 words
    • Article
      Shouldn't L&M's golden parachute be tied to profits?
      617 9  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Come June 28, the shareholders of L&M Group Investments will vote on a resolution that will make corporate history here Singapore's first golden parachute. Specialist engineering company L&M is proposing a contract with its
      617 words
    • Article
      Singmarine sells former shipyard site to Amcol
      440 9  -  By Kooi Cho Teng SINGAPORE Singmarine Industries last night entered into an agreement to sell its former shipyard site at Tanjong Rhu for $152 million to Amcol Holdings. In an announcement issued at 10 pm last night, the whollyowned subsidiary of Singmarine Industries
      440 words
    • Article
      UOB scores a first with purchase of 10pc stake in Bank Bali
      323 9 SINGAPORE The United Overseas Bank group has become the first local bank to take a stake in an Indonesian bank after being the first to set up a joint-venture bank in Indonesia four years ago. The acquisition of
      323 words
    • Article, Illustration
      Lock icon SUMMARY
      288 9 Source: Bridge Info Performance ef Sill's Index stacks Jun 10 LM Sow Mn Stack sale Ckge hmrwwn <S) (i) Avimo 2.280 -0 060 1.71-***** CAC 7 100 -0030 5 32-500 00 Ccrcbos 5.100 3.97 FAN 12.200 -0 300 *.15 3.00 GF Asu 3.0*0 -0.020 2.31 -200.00 OcnMag 1.330 0030
      Source: Bridge Info  -  288 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Jaya Holdings sets up HK subsidiary
          37 10 SINGAPORE Jaya Holdings has incorporated Jaya Offshore (HK), a fully-owned subsidiary office in Hongkong. Ihe Hongkong subsidiary will start with shipbroking before adding shipchartering and other maritime activities to its activities.
          37 words
        • Article
          PCI on Philippine acquisition
          82 10 SINGAPORE PCI Limited has clarified to the Stock Exchange of Singapore that its acquisition of an interest in First Pacific Realtv Partners Corporation in the Philippines at a price of 89.5 million pesos (555.32 million) was "on a willing buyer and willing seller basis with regards
          82 words
        • Article
          Lock icon Strong debut by shares of Thai oil firm
          90 10 AFP BANGKOK Shares in the Petroleum Authority of Thailand's Exploration and Production Public Company Ltd (PTTEP) rose 14.5 baht (or 43.9 per cent) to finish at 47.5 baht on their first day of trading yesterday, a Stock Exchange ot Thailand official said.
          AFP  -  90 words
        • Article
          Lock icon Profit up at HK's Yaohan Caterers
          86 10 Bloomberg Business News HONGKONG Hongkong restaurant and bakery company Yaohan International Caterers' net profit rose 63.8 per cent to HK599.3 million (5520.6 million) for the year ended March 31. The expansion of its bakery and restaurant operations boosted turnover bv 37.1 per cent to
          Bloomberg Business News  -  86 words
        • Article
          Lock icon BBMB Unit Trust plans third fund
          57 10 Bernama KUALA LUMPUR BBMB Unit Trust Management Bhd, the managers of BBMB Prime Fund, is planning to launch a third fund and will submit a proposal to the relevant authorities. It said the new fund will offer investors a means to start saving and
          Bernama  -  57 words
        • Article
          Lock icon New ruling on KL corporate prospectus
          61 10 AFP KUALA LUMPUR Companies planning to go public in Malaysia will now have to publish their prospectus in both Malay and English under a new Cabinet ruling. Abu Hassan Omar, the domestic trade and consumer affairs minister, said yesterday that the new regulation is
          AFP  -  61 words
      • Article
        Lock icon YTL Corp wins M$150m construction contract in PNG
        93 10 Bernama KUALA LUMPUR YTL Corporation Berhad has secured a MSISO million (5594.5 million) contract from the Papua New Guinea (PNG) government to build houses for the country's defence force, police and correctional institutional services. YTL said yesterday that the four-year job would
        Bernama  -  93 words
      • Article, Illustration
        Lock icon China's legal person shares boom in regulatory vacuum
        402 10 Reuter BEIJING Forget A shares, B shares, state bonds and oil futures. Those with a nose for profit in China's emerging markets are rushing to buy "legal person shares" in trading that delivers big profits and appears to be almost totally unregulated
        Reuter  -  402 words
      • Article
        Advance Synergy to buy firm with huge logging concession
        470 10  -  Group will also take stakes in Viet timber company, M'sian steel firm By William Chia SINGAPORE Advance Synergy Bhd, the former Batu Lintang Rubber Company, intends to strengthen its position in the timber industry by acquiring Bornion Timber Sdn Bhd, which
        470 words
      • Article
        Cheung Kong, Citic in joint bid for HK's Miramar Hotel
        473 10  -  From Stephen Vines in HONGKONG NEWS that Hongkong tycoon Li Ka-shing has joined forces with China-controlled Citic Pacific to bid for the Miramar Hotel and Investment Co highlights Mr Li's growing collaboration with acquisitive Chinese corporations. He is now a
        473 words
      • Article
        Lock icon Taiwan's China Steel suspends M'sian mill project
        155 10 Reuter TAIPEI Taiwan's state-ran China Steel Corp yesterday said it had suspended plans to invest in a US$2.7 billion (SS4J billion) steel mill in Malaysia because the Taiwanese parliament had not allocated funds for the project. Company vice-president Chen Ynan-chan said China Steel
        Reuter  -  155 words
      • Article
        Lock icon Yuan's devaluation not expected to hit Hongkong stocks
        247 10 Reuter HONGKONG Hongkong stocks are unlikely to be hit hard by the recent devaluation of China's currency, said Francis Leung, managing director of Peregrine Investment Holdings Ltd. But he warned that the underlying reason for the devaluation the overheating mainland economy could
        Reuter  -  247 words
      • Article
        Lock icon HK bourse losing business to London, New York
        286 10 Reuter HONGKONG The Securities and Futures Commission warned on Wednesday of a dangerous drift in blue-chip trading to rival stock markets and called on the government and brokers to cut dealing costs to stop the rot. Robert Gilmore, an executive director of
        Reuter  -  286 words
      • Article
        UNIT TRUSTS & FUNDS
        429 10 UNIT TRUSTS FUNDS jy. Income Bond Polio 3.29 3.41 IWN The Commerce 1.38 l.45*d The Savings Fund 125 1.31 PniLink M«d Fund 1.16 122 Spore Prof Fund 0 57 040 HlllJI^^wtrt S pore Sec Fund 0.93 0 98 S pore Invest Fund 1.04 1.09 Firs Bpuira 1.73 78 Spore Equity
        429 words
      • Article
        DIVIDENDS ANNOUNCED
        1039 10 Payaeat Ex Books Pay date close date Acma F 7.) Jun 10 Jun 22 Jul S Amcol 25* F 20 Jul 13 Jul 19 Aug 16 Apollo F 2.S Jun 21 Jun 25 Jul IS B Raya F 3 May 25 Jun 9 Jul 8 Bonvesls 50* b
        1,039 words
      • Article, Illustration
        Lock icon Microsoft unveils new software to integrate office equipment
        379 11 Reuter NEW YORK Microsoft Corp, the leading personalcomputer software publisher, launched a new assault on the business market on Wednesday with software designed to integrate PCs with faxes, phones, copiers and other office equipment. The new environment, called Microsoft At Work, was
        Reuter  -  379 words
      • Article
        Lock icon James Hardie's net profits jump to A$59.6m
        312 11 Reuter SYDNEY James Hardie Industries Ltd said net profit jumped to ASS 9.6 million (Ss64 million in the year to March 31 despite a sharp deterioration in its Australianbased operations and substantial business restructuring costs. It said the result, which compares with a
        Reuter  -  312 words
      • Article
        Lock icon Nepal to open stock exchange to foreigners
        192 11 Bloomberg Business News KATMANDU The Himalayan kingdom of Nepal, better known for the presence of Mount Everest than as a financial centre, will open its tiny stock exchange to foreign investors later this year, an exchange official said yesterday. "We hope to open
        Bloomberg Business News  -  192 words
      • Article
        Lock icon Toys 'R' Us plans to take Australian market by storm
        354 11 Bloomberg Business News SYDNEY American retailing giant Toys 'R' Us Inc has plans to knock the stuffing out of Australian rivals here and take this nation's AS7OO million (*****.8 million) toy market by storm. Today, Toys 'R' Us unveiled plans
        Bloomberg Business News  -  354 words
      • Article
        Lock icon Presentations prop up Glaxo, SmithKline shares
        175 11 Reuter LONDON Glaxo Holdings pic and SmithKline Beecham pic both gave positive presentations to investment specialists late on Wednesday, helping their shares hold steady to firmer in a weaker market, analysts said. Glaxo, though off its best, was up two at 584p by 0800
        Reuter  -  175 words
      • COMPANY BRIEFS
        • Article
          Lock icon Nomura lowers forecasts for 400 firms
          96 11 Knight-Ridder TOKYO Recurring profits of 400 major Japanese corporations will fall 7.0 per cent in fiscal 1993-94 (April-March), Nomura Research Institute said in a forecast released yesterday. The new forecast is lower than the forecast announced by the research institute in March, when Nomura
          Knight-Ridder  -  96 words
        • Article
          Lock icon AT&T Taiwan wins US$17m deal
          93 11 Bloomberg Business News TAIPEI AT&T Taiwan Telecommunications Co, a subsidiary of the leading US telecommunications company, has won a US$ 17 million contract to provide an advanced communications system to the Directorate General of Telecommunications, the company said. The system, known as an intelligent network,
          Bloomberg Business News  -  93 words
        • Article
          Lock icon Sanyo, Thomson in chips plan
          89 11 Reuter TOKYO Sanyo Electric Co Ltd said it plans a joint announcement on Monday with SGS-Thomson Microelectronics NV on chips for telecommunications and image processing. A spokesman declined to give further details. Multimedia, which requires sophisticated image processing chips, and wireless communications are tipped as
          Reuter  -  89 words
        • Article
          Lock icon Bharat Heavy's profits down 22.6 pc
          85 11 Reuter NEW DELHI India's state-owned Bharat Heavy Electricals Ltd (BHEL) posted a lower net profit of 1.16 billion rupees (Sss2 million) for 1992/93 ending March, down 22.6 per cent from the previous year's I.SO billion. BHEL general manager SRamabadhran said a heavy tax of
          Reuter  -  85 words
        • Article
          Lock icon Pacific Dunlop unit wins China deal
          86 11 Knight-Ridder HONGKONG Olex Cables, a division of Australian cable maker Pacific Dunlop Ltd, won a As7o million (5575.6 million) contract to lay optic fibre cables in north-west China, the company said yesterday. It is the largest telecommunications contract China has ever awarded to an
          Knight-Ridder  -  86 words
        • Article
          Lock icon Major changes in Footsie Index
          130 11 Bloomberg Business News LONDON Wolseley pic, SG Warburg pic, British Aerospace pic and RMC Group pic are to join the USE 100 Index of leading shares with effect from June 21, the London Stock Exchange said yesterday. The four companies replace Fisons pic, Kwik-Save pic,
          Bloomberg Business News  -  130 words
    • FINANCE
      • Article
        Lock icon Simex to lower margin for Nikkei futures
        374 12 Knight-Ridder TOKYO The Singapore International Monetary Exchange will lower margin requirements for trading on Nikkei futures from Monday, an indication the exchange is seeking to reinforce its standing as an alternative to heavily regulated and more costly Japanese futures exchanges, said analysts here.
        Knight-Ridder  -  374 words
      • Article
        Thai highway row puts pressure on firms seeking loans
        336 12  -  Fran Alan Boyd in BANGKOK THAI conglomerate Charoen Pokphand has brought forward a 20-billion-baht (551.28 billion) loan agreement amid fears that it could be jeopardised by an expressway row with international banks. The loan, signed with four Thai banks, will help
        336 words
      • Article
        NYME to install Access terminals in Asia
        172 12 SINGAPORE The New York Mercantile Exchange, which will launch Access its overnight electronic trading system on June 24, plans to install Access terminals in Asia in future. This was disclosed last night by Nymex vice-president of marketing Richard Hen ken, who is in
        172 words
      • Article
        China's second biggest bank seeks US$37m loan
        333 12  -  By Quak Hiang Whai SINGAPORE China's second largest bank, Agricultural Bank of China (ABC), is seeking a US$37 million (5559.5 million) loan. Arranged by Singapore's OCBC Bank, the loan is said to be thinly priced at around 55.4 basis points all-in for five
        333 words
      • Article, Illustration
        Lock icon World bankers take on wary stance
        354 13 But many face difficulties amid slower demand, rising competition from non-banks Reuter STOCKHOLM World bankers meeting in Stoekholm this week repented their past mistakes and promised a return to basies, serving quality customers well and taking risk more seriously. But while their cautious stance
        Reuter  -  354 words
      • Article
        Lock icon US banks may be told to offset rate risks
        230 13 Bloomberg Business News WASHINGTON The Federal Deposit Insurance Corp on Wednesday proposed requiring banks to maintain sufficient capital to offset the risk they face from sudden changes in interest rates. Under the proposal, banks regulated by the FDIC would be required
        Bloomberg Business News  -  230 words
      • Article
        Lock icon Rupee devaluation failed to boost Indian exports: report
        242 13 Reuter BOMBAY India's state Ex-port-Import Bank has told the government not to tamper further with exchange rate policy after the recent full float of the rupee if it wants exports to be competitive. Depreciation of the rupee by more than 300 per
        Reuter  -  242 words
      • SMALL CHANGE
        • Article
          Lock icon Govt won't absorb Manila bank debts
          62 13 Knight-Ridder MANILA The Philippines' Congress yesterday dropped a provision in a bill that would have allowed the government to absorb 309.1 billion pesos worth (5518.4 billion) of central bank liabilities. Senator Raul Roco said. Instead, the new Central Monetary Authority will decide how to
          Knight-Ridder  -  62 words
        • Article
          Lock icon Chase's HK credit card float
          63 13 Reuter HONGKONG Chase Manhattan Asia Ltd said it will announce details of a public offer of its Hongkong credit card business. Manhattan Card Co Ltd. next Tuesday. A news conference will be held by Manhattan Card Co chairman Jim Brew and managing director Stephen Chu.
          Reuter  -  63 words
        • Article
          Lock icon Manila bank to launch Eurobond float
          75 13 AFP MANILA The state-owned Development Bank of the Philippines (DBP) will go on the road on June 20 to launch its floating of about USSISO million (*****.5 million) in Eurobonds. DBP Chairman Roberto De Ocampo said yesterday. He said the roadshow, which would last
          AFP  -  75 words
        • Article, Illustration
          Lock icon Low blow for greenback
          33 13 Reuter TOKYO Foreign currency traders gesturing during morning trade at a Tokyo Foreign Exchange dealership yesterday. The US dollar ended at a post-war closing low of 106.20 yen. Reuter
          Reuter  -  33 words
      • Article
        Lock icon American banks earn record US$11b in first quarter
        317 13 Bloomberg Business News WASHINGTON US commercial banks earned a record US$lO.9 billion (5517.5 billion) in the first quarter of 1993. up US$3.3 billion from the same period last year, the Federal Deposit Insurance Corp said yesterday. The earnings also represented a 28-per-cent
        Bloomberg Business News  -  317 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Foreign firms rush to process oil in China
        256 14 Reuter SINGAPORE Foreign oil trading firms keen to get a slice of China's rapidly growing market arc jostling hard for processing space in the country's refineries. But China's rising oil consumption now leaves little spare capacity for third-party processing by foreign companies,
        Reuter  -  256 words
      • Article
        Lock icon Thai raw sugar faces premium cut after Cuba announcement
        231 14 Knight-Ridder Hongkong Trade houses may be forced to cut premiums on Thai raw sugar for May-Ju-ly and July-September delivery after world sugar prices failed to rally on Cuba's declaration of force majeure on Friday. But Asian traders said Thai millers were
        Knight-Ridder  -  231 words
      • Article
        Lock icon French trader denies rumours of sugar sales
        208 14 Reuter PARIS French trading house Sucres et Denrees denied rumours that it sold white sugar to Prodintorg in the past few days and said its buying activity on the world market was partly aimed at covering sales to private Russian buyers. "I don't
        Reuter  -  208 words
      • Article
        Lock icon South Korea set to become big buyer of Aussie LNG
        161 14 Platts SYDNEY South Korea is likely to become a major new buyer of Western Australian liquefied natural gas (LNG), opening up a potential export market worth about AsBoo million (SSB62 million) a year by the year 2000. according to state
        Platts  -  161 words
      • Article
        Lock icon Thailand threatens to pull out of rubber group
        211 14 AP LONDON Thailand, the world's biggest producer of rubber, has threatened to pull out of the beleaguered International Rubber Study Group if it does not get its way on the coming budget. The agency provides producers and consumers of rubber with a
        AP  -  211 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        144 14 THE currency markets were in turmoil yesterday with huge sale of deutschemark for yen. In the regional currency markets, range trading prevailed in thin and listless trading. The USS/SS traded to a high of 1.6116 in early morning trade on the back of overnight short
        144 words
      • Article
        Lock icon London
        206 14 Reuter LONDON The dollar spent a frustrating day caged in a 3/4 pfennig range with the market in an agony of indecision over the US price data. Dealers and analysts all of whom described the session as a "dead loss" said the producer price data for May would be
        Reuter  -  206 words
      • Article
        Oil prices on hold as traders wait for Opec output ceiling
        292 14 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York were on hold as traders waited for Opcc to set a third quarter output cciling and individual quotas. "Priccs arc essentially on hold until Opcc reaches a
        292 words
      • Article
        Lock icon New York
        89 14 AFP NEW YORK The dollar climbed against other major currencies yesterday, except the yen. in the wake of the London market and ahead of today's release of US wholesale prices for May. Gold lost 25 cents from Wednesday, falling to U*****.25 an ounce. The dollar was trading at
        AFP  -  89 words
      • Article, Illustration
        Untitled
        1421 14 I radf-»>KthuxJ uttk\ lakvlaliiJ a*ain\t Siw'% l«n 14 traJm* partmr» flaw tar /<WS US$/S$ forward rates Noon June 10 ss Bid Oiler 1-month 1.6085 !'5!25J 2-month ***** ?!95 Vmonth ***** 5!99 6-month 1.6085 StHitxv OCKC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to oik unit
        1,421 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer, Euroyen steady
        1399 15 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended firmer but volume was thin as the market laeked incentive to trade actively ahead of the release of key US inflation data today, traders said. "There is very little incentive to do anything until after the US (May
        Reuter  -  1,399 words
      • Article
        KL tin up four sen on renewed buying
        620 15 COMMODITY REPORTS Tin TIN PRICE gained four sen to elose at MS 13.11 per kg on the Kuala Lumpur Tin Market on renewed buying yesterday. Dealers said the market reported buying activities from local traders in an attempt to support failing prices
        620 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          LME copper may rally soon
          78 15 TOKYO Large short positions in London Metal Exchange copper for July and August may result in a technical backwardation, but sources say huge exchange stocks may limit sustained market tightness. Some warn that a pattern similar to the copper market rally seen this time last
          78 words
        • Article
          Chinese seek lower palm oil prices
          56 15 KUALA LUMPUR The renmimbi yuan's recent decline has spurred some buyers in China to seek a cut in prices for June palm oil they contracted to purchase last month, traders said. These buyers have made a price cut a condition for opening letters of
          56 words
        • Article
          India to boost rice exports
          63 15 NEW DELHI India aims to export 800.000 tonnes of rice in the current 1993-94 (April-March) fiscal year, up from last year's 562.905 tonnes, said an industry official. V K Bhasin. executive director of the Ail India Rice Exporters Association said India is aiming to export
          63 words
        • Article
          Malaysia missing in corn market
          84 15 SINGAPORE Malaysia has not been seen in the corn market in the past 10 days, and it is believed that feedmillers there have more corn than they need, traders said. One trader said Malaysia bought end-May 50.000 tonnes of Indian corn for shipment in June
          84 words
        • Article
          Japan, Iran agree on crude price
          56 15 TOKYO Japanese oil companies and the National Iranian Oil Co have agreed on price formulas for third-quarter term crude purchases, sources said. They said Iranian Light crude will be priced at a 30-US<ent-per-barrel discount to Oman crude in the third quarter, compared with the
          56 words
    • Article
      COMMODITY PRICES
      1558 15 Rubber MS Com—dity Exdu>|i (hrturt citing at Ipw) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest hH~93 131 50 130 50 130.75 650 1900 Aug 131.75 131.75 131.75 400 5.775 Sep 132.75 132.75 132.75 250 8.400 Oct/Dec 134.75 ***** 133.75 2700 18.450
      1,558 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1107 21 +3.4 Shares recovered to close slightly higher after earlier being dragged lower by the weaker gold bullion price. The All Ordinaries Index closed 3.4 points higher at 1,712.5 after opening down six at 1.703.1 and testing the 1,700 level throughout the morning session. But brokers said steady unemployment data
        1,107 words
      • Article
        Manila
        598 21 •5.38 Shares slid fcr the third day in a row in trading marked by confusion over the closing date for Manila Electric Go's (Meralco) 60 per cent dividend declaration. The Manila Stock Exchange composite index shed 5.38 points to close at 1,576.46. The Makati index was down 8.70 points
        598 words
      • Article
        Seoul
        361 21 -3.86 Rampant profit-taking in reaction to 31-month highs on three consecutive days dragged the stock market lower in mixed trading despite healthy rotational interest in securities houses. Brokers forecast the technical downward adjustment would continue tomorrow. "A correction period is inevitable in the bull market." Jay Rhim of Citicorp
        361 words
      • Article
        New Zealand
        272 21 -7.98 The New Zealand share market ended a lacklustre session lower. Brokers said trade was thin and offshore demand is drying up. The NZSE-40 Capital Index closed down 7.98 points at 1639.01 on a thin volume of NZ$2l million. "I think really the market is lacking direction. Offshore
        272 words
      • Article
        Bombay
        68 21 +44.90 Stock prices rose yesterday on demand from foreign financial institutions looking to add more Indian shares to their portfolios after recent price declines, analysts said. Bombay gained 44.90 points to 2,395.93 after hitting a high of 2.404 and the national index rose 14.28 points to 1.098.62. Delhi rose
        68 words
      • Article
        Taipei
        548 21 -46.71 Late selling from impatient investors pulled Taiwan stocks to a lower close across the board and brokers said the index would continue to lose ground in the near term. The Weighted Index was down 46.71 points to end at 4,223.01. Turnover was T$ 16.94 billion against Wednesday's T514.5
        548 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1025 21 Britannia Funds Starting Cash Bid Oltrr Mini C ap Orpoul 38 6400 38 6500 Mim Icor. (.Ik 0 1893 0 l« Mim Ma» Income ****** ****** L'SS Cash Income Plw Fund 10 W00 *****0 PS Reserve Fund 5 MOO 5 2100 Sterling tivih Euro Performance 0 4592 ***** Far Eatl
        1,025 words
      • Article
        London
        620 21 -6.9 Stocks closed lower yesterday as hopes for an interest rate cut faded and futures fell, analysts said. The FT-SE 100 index of leading British stocks fell 6.9 points, or 0.24 per cent, to close at 2,860. The intraday high was 2871.4, the low 2854.2. Volume was 616.1 million
        620 words
      • Article
        Paris
        89 21 -0.21 pc Shares were consolidating in the afternoon after Wednesday's 1.14 per cent rise, dealers said. The CAC 40 finished 1911,22, down 0.21 per cent. Paris Jm 9 Fr \ir-Liguidc ***** 200 Mcatcl Amthom 645 00 1000 Eir- Aouil W» 20 60 (>alc Dr Banquc IC600 Lafaigr 363 50
        89 words
      • Article
        Stockholm
        119 21 +0.09pc Shares closed slightly up yesterday, ruled by falling debt market yields. Share prices started higher spurred by favourable inflation data, only to fall when the Riksbank left its key marginal lending rate unchanged. The OMX-index, which carries a futures contract, edged up 0.03 per cent to 835.32. The
        119 words
      • Article
        Milan
        150 21 16 Stocks were up 1.38 per cent at the official close as Ferruzzi group stocks slowed down their slide and telecommunications stocks rose. The Milan market's MIB index gained 16 points to close at 1,177. Traders said activity was slowing down. Hopes of an imminent cut in European interest
        150 words
      • Article
        Brussels
        189 21 +5.50 Shares extended their gains by the close of trade and the dollar, holding firm against the mark, was still seen behind the market's rise. Unless movement is seen on the European interest rate front, dealers forecast a phase of consolidation may be ahead. The Bel-20 Index ended 5.50
        189 words
      • Article
        Johannesburg
        318 21 +32 Gold shares underwent a strong turnaround in afternoon trade after the gold price broke through US$37O an ounce. Dealers said gains were likely to be linked to gold price direction, but major gains arc unlikely until fresh levels are broken. The Gold Index was 42 points, or 2.7
        318 words
      • Article
        New York
        776 21 1.39 Stocks drifted in generally trendless trading yesterday morning as the market awaited direction from the government's next inflation reading. The Dow Jones Industrial Average was down 0.51 to 3,511.37 by llam. Advancing issues had a small lead over decliners on the New York Stock Exchange with 653
        776 words
      • Article
        Zurich
        276 21 Stocks ended little changed after moderate trading yes- terday, covering most of the losses posted early in the session, traders said. The blue chip Swiss Market Index, or SMI, ended at 2,309.70, down 1.70 points from Wednesday's close. The market ranged from an intraday low of 2,304.50 to a
        276 words
      • Article
        Toronto
        313 21 -3 Stocks opened firmer yes- terday, bolstered by a strong financial services sector despite caution ahead of the release of the May US producer price index, traders said. Analysts surveyed by Reuters expect the index to climb 0.1 per cent compared to a 0.6 per cent April rise. "Everybody's
        313 words
    • Article, Illustration
      Lock icon HONGKONG
      2811 22 STOCKS closed sharply lower on selected profittaking in thin trading, brokers said. The blue chip Hang Seng Index ended 78.50 points, or 1.07 per cent, lower at 7,260.58. after ending the morning trailing by 57.99 points. "1 think the losses were largely brought about by those who tried to
      Source: Bridge Info  -  2,811 words
    • Article, Illustration
      CHINA
      462 22 THE CLSA Shenzhen B share market was very weak, closing down 11.5 points at 1,007.09. There was only some trading in Chiwan Wharf, Vanke, Southern Glass and Shekou Port all of which closed down between 2 per cent and 5 per cent. The CLSA Shanghai B Share Index closed
      462 words
    • Article, Illustration
      Lock icon TOKYO
      2459 22 Reuter STOCKS ended modestly weaker in light trade. Investors remained on the sidelines on recent rallies in the yen and ahead of the June futures and options settlements today, brokers said. The market lacked focus, and only a handful of individual issues drew attention. "Arbitrageurs sold stocks heavily and
      Reuter; Source: Bridge Info  -  2,459 words
    • Article, Illustration
      Lock icon BANGKOK
      1688 22 Reuter INDEX-BUYING in the last minutes before the close edged the stock index up strongly in an active market that was dominated by profit taking, brokers said. The Stock Exchange of Thailand Index ended 1.87 points lower at 844.01 on turnover of 4.50 billion baht. The SET had dropped
      Reuter; Source: Bridge Info  -  1,688 words
    • Article, Illustration
      Lock icon JAKARTA
      1070 22 Reuter SHARE PRICES fell across the board in moderate trade after government deregulations on trade and investment announced yesterday failed to include an increase in the 49 per cent ceiling on foreign share ownership. "Disappointment that the deregulation package did not include the increase of foreign ownership put the
      Reuter; Source: Bridge Info  -  1,070 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2296 23 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume kemayan 50c 17.284.000 McnangCorp 10.567.000 Kcnong BhJ 50c 6.149.000 Hromct 5,821.000 (ioMcn Hus H 4.505.000 FAt'B 50c 4.474.000 MAA 4.213.000 Bcr)ava Group 3,976.000 Mulpha Intl 50c 3.891.000 ASH 50c 3.263.000 kL Industries 3.232.000 Antah Hldgs 50c. 3.119.000 Johan Hldgs
      Source: Bridge Info  -  2,296 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares higher on second liner stocks
        5135 23 Bernama SHARE PRICES closed higher yesterday in active trading led by buying support for selected second liner stocks. The KLSE Composite Index closed 2.60 points higher at 737.53, the Industrial Index firmed 9.86 points to 1,282.53 and the EMAS Index 1.16 points up at
        Bernama; Source: Bridge Info  -  5,135 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Market adrift as institutions move to sidelines
        1066 24  -  By Helen Chang SINGAPORE The market bobbed like driftwood yesterday as sentiment remained cautious and institutions stayed on the sidelines. Some retail investors however, continued to nibble on selected speculative Malaysian counters, pushing the Clob-tracking UOB OTC Index up 2.24 points to 934.61.
        Source: Bridge Info  -  1,066 words
      • Article, Illustration
        Lock icon San Teh
        72 24  -  HOT tTPCK Quak Hiang Whai RUBBER keypad maker San Teh represents a short-term play at its current price. All its daily indicators RSI, stochastics and MACD show the stock has been fully sold down. The nine-day RSI and five-day stochastics have reached almost zero. The stock recently tested
        SOURCE: BRIDGE INFO  -  72 words
      • Article
        Untitled
        5831 24 MAX BOARD Gr Gr |mi«i Urn* Val Day Urt tali Dl* W* VM Ntf M Cy Highl£ J J Safe CO*) Hi* Um Bmyrr s5ct Or P/E MOUSTRML AND COMMERCIAL 770 170 Aon, 745 xd +30 1841 745 710 740 750 115 2.1 17 32.3 513 5 7JO 210 s
        5,831 words
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      65 words
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      67 words
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      174 words
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      1342 12 HOTEL PROPERTIES LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of the Company will be held at The Malaysia Room, Hilton International Singapore, 581 Orchard Road, Singapore 0923 on Saturday, June 26, 1993 immediately
      1,342 words
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      Page 12 Advertisements Column 2
      545 12 HOTEL PROPERTIES LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) IMPORTANT REMINDER 5570,000,000 4% Bonds due 1993 with Warrants to subscribe for Shares in Hotel Properties Limited Entitlement to Dividend A first and final dividend of 3% lea* tax at 27% has been recommended by the Directors in respect of the
      545 words
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      328 13 Westin Catering \Lntxff<ruL*&[t? 2\?n't !Befitve UfLem! Call 338-3808 for more information. lips The westin hotels SanvpOT is Family day in |jfe!||™ yWWtoS Me &My Family t ."V I i'n Family Life Young Life l\ 11 For all in the family «t* Arts x Entertainment every day flJKrlilliU //Y\ NOVATION INDUSTRIAL
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      50 14 Semis fIPPIKANTS Call the Stocks Shares Hotline for: Number of STIC shares allocated (Securities Account No. required) Information on new share issues Hot Shares of the week How to go scripless. Calls are charged at S(K a minute. Sponsored by Organised by <%• 1 INFissliiie A An SPH AudioTex Service
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      298 15 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 pMCTIImN La COLLECTION OF EUROPEAN ANnQUES: J I Frtnch ft English Furnitures, Paintings, r\tM Hfv/ Curios, Radios, Imps, Pino,Sewing Machines Vvje yyprvritor, Pocket Watches, Fountain Pens, Telephones,JJ^k "coUectihe Jewellery b Box Camera Dealers Welcome. .■■■■•■•.■'ilttyni I** lllilliliMl aIW umiHIHIWIIIII Auctioneer: g>
      298 words
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      Page 15 Advertisements Column 2
      34 15 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead iSSSSK jt offers Bb the most Wr current |h list o/ job If opportunities
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      2799 16 111 l i fig ?5 pg ja kj JS ifis m 111 l INDUSTRIALEJ COMMERCIAL BANK LIMITED AND ITS SUBSIDIARY COMPANIES 111 l INCORPORATED IN THE REPUBLIC CDF SINGAPORE) BALANCE SHEETS 31 DECEMBER 1992 The Group Tha Bank Th« Group Hm »anfc Not* 19W 1991~ 1992 iwT Mote 1991 $'000
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      2621 17 Tfff CHUNG KHIAW BANK LIMITED AND ITS SUBSOARY COMPANIES 111 l INCORPORATED N THE REPUBLIC OF SINGAPORE) BALANCE SHEETS 31 DECEMBER 1992 The Group The Bank TheQcoup Tha —i* Not* ItW 199T IMS 1991" I>t2 1991 1992 1991 rooo 1000" rooo" $-000 rooo $000 rooo rooo ou* DC CURRENT ASSETS
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      2389 18 HII jRj mm r5 mms mm mm **<* < B*>lo***>■!! M> "|T|| LEE WAH BANK LIMITED AND ITS SUBSIDIARYCOMFANIES II I I (IVJCQRPORATEDM THE REPUBLIC OF SINGAPORE) BALANCE SHEETS 31 DECEMBER 1992 Tha Group Tlw Bank Th> Qroup Tlw Ig* Not* IW2 1991 1992 1991 Mo* I—2 1991 1> 92
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      2293 19 TOR EASTffN BANK LIMITED AND ITS SUBSIDIARY COMPANIES (INCORPORATED M THE REPUBLIC OF SWOAPORE) BALANCE SHEETS 31 DECEMBER 1992 The Group The Bank The Group The Bank Not* 1992 199T 1980 1991 Nolo 1992 1991 1992 1991 $'000 $'000 $'000 $'000 $'000 000 $'000 $'000 CURRENT ASSETS euige PAPfTAI C
      2,293 words
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      3280 20 111 l ss m m it m jap& m m m TTfl UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARY COMPANIES 111 l (INCORPORATED IN THE REPUBLIC OF SINGAPORE) I (b) The wholly-owned subsidiaries of the Company. which are al incorporated and havvig toe* business in Singapore. BALANCE SHEETS 31 DECEMBER
      3,280 words
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      23 21 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.
      23 words
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      95 22 El Primero automatic chronograph movement 1 l—g. Water resistant to 100 m or 50m. Jes Available in gold, gold and steel or steel. __g. LEFT: Model No *****4.400 IVI I W yU RIGHT Mode! No. 53.0375.400 NBOVj/ A Beyond Ttt U4 1 Maritime Squire #02-101 Expo Gateway Tel *****42 *****65
      95 words
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      174 23 Growth C Improved Cash Flow^" .».,t. Today's SMCs could be tomorrow's MNCs. Simply by improving cosh flow wMi ossociotod componios in Malaysia, Factoring AM it tokos a KlH* imagination, forward immodiato cash advances of up to 90% Thodand, Indonesia and Ho PMHppines, thinking and a hslping hand... particu- against thoir
      174 words
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  • SPORTS
    • Article, Illustration
      Lock icon Bulls rustle home-court advantage from Suns
      750 25 NBA finals NYT PHOENIX It took the Chicago Bulls one game to take the home-court advantage from the Phoenix Suns. Building a 20-point secondquarter lead, then holding off a Suns' rally. Chicago topped the Suns. 100-92, on Wednesday night in Game One of the
      NYT; Reuter  -  750 words
    • Article
      Lock icon US team upsets England in soccer match
      444 25 NYT FOXBORO, Massachusetts It happens every 43 years, like scoreboard clockwork: The US national soccer team knocks off England and sends segments of the British Empire into convulsions of sporting despair. Right on schedule on Wednesday, in a US Cup match, the US
      NYT  -  444 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        62 25 Reuter NEW YORK Major league on Wednesday American: Seattle 6 Milwaukee I; Cleveland 3 Boston 2: Baltimore 7 Oakland 4: California 6 Toronto 4: Detroit 7 Chicago 4; Kansas City 10 New York 3: National: San Francisco 3 St Louis I; Cincinnati 3 Montreal 2 (in 12); Philadelphia 8
        Reuter  -  62 words
      • Article, Illustration
        Lock icon Golf
        57 25 Reuter TOKYO Sapporo lokyu Open leading first round scores yesterday (Japan unless stated): 66 Tetsu Nishikawa 67 Tomohiro Maruyama 68 Chen Tze-chung (Tai). Katsunari Takahashi. Akiyoshi Omachi. Yoshinori Kaneko. Other foreign scores: 69 Brian Jones (Aus). Brent Franklin (Can). Terry Gale (Aus) 71 David Ishii (US), Roger Mackay (Aus).
        Reuter  -  57 words
      • Article, Illustration
        Lock icon Ice hockey
        109 25 Reuter MONTREAL The Stanley Cup is going home to Montreal after the Canadiens wrapped up their 23rd National Hockey League title and 24th Cup four games to one with a 4-1 victory over the Los Angeles Kings on Wednesday. The Canadians, the most successful team in any sport
        Reuter  -  109 words
      • Article, Illustration
        Lock icon Rugby
        60 25 Reuter CHRISTCHLRCH Rob Andrew. Dewi Morris and Andy Reed were selected yesterday for key positions in the British Lions" team to play New Zealand's All Blacks in the first test today. Flyhalf Andrew and scrumhalf Morris will team up behind the scrum. Reed's strong performance against Southland on Tuesday
        Reuter  -  60 words
      • Article, Illustration
        Lock icon Soccer
        145 25 AFP RIGA World Cup European qualifier on Wednesday Group 3: Latvia 0 Eire 2. Standings (p« d I gf ga pis): I. Spain 9 5 3 118 2 13 2. Eire 8 5 3 0 14 2 13 3. Denmark 8 4 4 0 9 1 12 4. Northern
        AFP  -  145 words
      • Article, Illustration
        Lock icon Tennis
        251 25 AFP AFP I.ONDON Wimbledon champion Andre Agassi looks set to be facing a losing battle to defend his title later this month. The 23-year-old American, sidelined for eight weeks with tendinitis in his right wrist, has been ordered not to pick up a racket until today. That would give
        AFP  -  251 words
    • Article
      Lock icon Jordan denies having gambling problem
      504 25 NYT PHOENIX Michael Jordan, with other things to think about, didn't have time for his pal, Charles Barkley. on Wednesday night. He left the problem of the league's most valuable player to Horace Grant, and took on another friend. Ahmad Rashad, one-on-one. Wearing sunglasses during
      NYT  -  504 words
    • Article, Illustration
      Lock icon Azinger among favourites at Buick Classic
      475 25 Golf AP HARRISON, New York Paul Azinger went from bad to better to worse and back. and. finally, he wound up with his toes full of bananas. Azinger sank a bunker shot on the 18th hole on Sunday to beat Payne Stewart in the
      AP  -  475 words
    • Article, Illustration
      Lock icon Playing golf with just the bare necessities
      64 25 AFP PORGE, France A smooth fairway, a decent set of irons and a reliable caddy are all that it takes for a great round of golf. So who needs clothes, this Belgian couple might ask, as they play golf on the first course
      AFP  -  64 words
  • Page 25 Advertisements
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      728 25 BUSINESS TIMES TOLL-FREE TEL No 1-100-737 004J FAX:734 3691 M THE MATTER OF THE COUP AMES ACT. CAP. 90 AND M THE MATTER OF MELOWA PTE LTD fn Members' Voluntary LtauMatton) NOTICE OF RESOLUTIONS Alan cwtofOiwyuininiiNOTf of the members of the abovenamed Company duly convened and hoM at iUkui Rood
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      Page 25 Advertisements Column 2
      533 25 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO IN THE HATTER OF MAPLE LEAF ENTERPRISE PTE LTD (Incorporated In Singapore) <M MEMBERS' VOLUNTARY UQUDATON) At an Extraordinary Qonoral Mooting of tho abovanamed company duly convened and hald at No. 6 Raffles Quay #11 05 John Hancock Towar Singapore
      533 words
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      Page 26 Advertisements Column 1
      1002 26 ABllflT Bltjyfl WHERE TO WINE, DINE AND ENTERTAIN OK V r- Our Bird's Nest will I please your palate as well I as your pocket. I We've just added Bird's Nest I delicacies to our menu at really I IT affordable prices. I Whether it's a Bird's Nest main dish
      1,002 words
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      Page 26 Advertisements Column 2
      314 26 The Mandarin Singapore X& IS PROUD TO PRESENT THE A FLAVOURS OF FUJIAN 17 To 27 June At Pine Court Master chefs from Fu/ian, China Jb Win 2 return Air tickets to Xiamen! By courtesy of Silkair. Please call Pine Court at *****11 x 7951 799 to make your reservations
      314 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Spielberg's Schindler — a saint not untainted
      911 27  - Spielberg's Schindler a saint not untainted Jane Perlez was on location as Steven Spielberg grapples with the horror of the holocaust in his latest movie, Schinaler's List Jane Perlez NYT AT A railway siding, a Nazi commandant and his lieutenants feast on fruit and drink punch from a crystal bowl
      NYT; Reuter  -  911 words
    • Article, Illustration
      Lock icon Little for Danson to cheer about
      395 27 CHATTERBOX AP AP Reuter AP ACTOR Ted Damon's wife has filed for divorce, citing irreconcilable differences as the reason to end their 15-year marriage. Cassandra Danson filed the Superior Court divorce petition on June 3. Danson and his wife separated in October. Danson starred
      AP; Reuter  -  395 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      175 27 CRABS 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 /$6B 00 Set menu for 4 88.00 Available 7 30 June 1993. For reservations, please call
      175 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      1274 27 TV RADIO Somebody Has the Picture, 10.30pm, SBC 5 stars as a W the 5f a Things nasty turn when he new evidence about the Proud Moo, SBC 5 Aj^^KK^M deserter returns home after years. An uneasy 4 reconciliation ensues as he tries m I to to both his JJi^pt
      1,274 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      IDV all out to win Asians to their drinks
      629 28  -  The wines and spirits company is into aggressive brand marketing, reports Genevieve Cua Genevieve Cua Baileys Original Irish Cream and Smirnoff vodka are not yet the spirits of choice among Asians. But International Distillers Vintners is determined to change that. i
      629 words
    • Article
      Lock icon Cash schemes a good marketing tool
      575 28 John Major's plan to pay customer compensation to raise the standard 01 public service was first met with scepticism FT When John Major, the UK prime minister, launched the idea of a Citizen's Charter in March 1991 to raise the standard of public services,
      FT  -  575 words
    • Article, Illustration
      Henen scores with first govt account
      386 29  -  A home-grown ad agency wins against international pitches, Clarissa Tan reports Clarissa Tan WE made it! That must be the feeling at Henen Advertising these days after the home-grown company secured its first government account against bids by international agencies. The company, which popularised
      386 words
    • Article, Illustration
      Lock icon Singapore Sopan
      196 29 SINGAPORE Dress Pte Ltd, with backing from the Trade Development Board, has bunched its first lifestyle fashion collection. Centered on the national flower, the orchid, the company hopes the collection will internationally represent the Singaporean identity. Speaking during the bunch at the Singapore Design Centre yesterday, Singapore Dress
      Photo by George Gascon  -  196 words
    • COPY LINES
      • Article
        Leo Burnett HK appoints new MD
        49 29 HONGKONG Leo Burnett Hongkong has just appointed Ulen C Chichester as its new managing director, succeeding pince Swift, who has just resigned. At the same time, Malcolm fitenn, regional managing director of LB's 11-office Asian netpork, will serve as chairman of LB, Hongkong.
        49 words
      • Article
        Lena is new PR Institute head
        35 29 F SINGAPORE The Institute of Public Relations has appointed k new president Lena Ng, Huntington's general manager, who Aso happens to be the first female head of the association.
        35 words
      • Article
        Needham Worldwide has new chairman
        32 29 DDB NEEDHAM Worldwide has announced the appointment of Mrs Irene Lee as chairman of the agency's newly formed board of directors for its Hongkong and China operations.
        32 words
      • Article
        S'pore Mandarin a hit again in Europe
        100 29 TWO 5-star hotels managed by Singapore Mandarin International have been rated as popular choices in Europe again. The survey, Hitliste 92 was conducted by Business Traveller in Continental Europe among 1,000 subscribers in 40 countries and published in German. The Mandarin Singapore was
        100 words
    • Article
      Shopping at Macy's in your own living room
      645 29 The dept store's cable TV venture could cost US$5O million but could add US$25O million to its revenue Insomniacs and shopaholics take heart. In a little over a year, Macy's will be open day and night, 365 days a year, via cable
      645 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      42 28 ACCIIIIRIII TIE UNR If ASTIIPIYSICS, WHEN M lIJECTIECEIISII ISPEII HEATH IMI Till IF UGH lIIECIMES INVISIBLE. m/M H PIESENIING TIE NEW VHVIISI HI lIEII VIEW) I'MiMiM l| I VOLVO S M Motors Ptt Ltd. 249 Alexandra Road. Singapore 0315. Tet: 473 1488
      42 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      122 29 FRANK SMALL k ASSOCIATES (S.LASIA) PTE LTD SWOB MARKET RESEARCHER Frank Small fir Associates izomoi the leading market research groups in the Asia Paciflc regiori The Slupipore office is seeking a researcher to wortr*directfr*t*«« managing director to form a new client serviffe with afocus on regional consumer and business market
      122 words
    • Advertisement
      Page 29 Advertisements Column 2
      347 29 Happy Family? But they're not EVEN MARRIED! When one our clients asked for aTV commercial to announce Hp; a new service, we had to A II A. W m I work fast. vIHRIMu With just a few days to produce a storyboard, we decided to bring the concept alive by
      347 words
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  • Article
    Thailand's soul-searching
    509 30 EDITORIAL WILL THAILAND make it to the upper ranks of the club of newly industrialising economics or will it fall by the wayside, a relegated has-been? This is the six-million-dollar question confronting Thai policy-makers and government leaders as they ponder their country's long-term economic direction. Amid the soul-searching
    509 words
  • WHAT THE OTHERS SAY
    • Article
      Time to stop the drift
      228 30 AFTER MORE THAN the benchmark 100 days in office, US President Bill Clinton has yet to give the world a clear perspective on America's global role. Strategic ideas shaping his government's policies lack coherence. In March, for instance, the Assistant Secretary of State for East
      228 words
    • Article
      Looking beyond Malay issues
      216 30 THE PRIME MINISTER, in his usual frank manner, said last week that Malays should look beyond issues specific to their community. Mr Goh Chok Tong said that while the Malay community will always face some challenges specific to itself, they should also increasingly concern themselves with
      216 words
    • Article
      Asian standard of human rights
      231 30 THE UNITED NATIONS' World Human Rights Conference will be held in Vienna next month. Many believe that it would be a confrontation between Western and Asian countries. On the issue of human rights, the views of Western and Asian countries clearly diverge on the following
      231 words
    • Article
      North Korea's nuclear threat
      217 30 THE WEST WANTS Pyongyang to cancel its withdrawal and open its facilities to inspection by the International Atomic Energy Agency; it fears North Korea is on the veige of building a bomb. North Korea wants Western aid for its moribund economy, an end to US military
      217 words
    • Article
      Smooth transition needed
      114 30 THE ESTABLISHMENT OF a provisional government before the constitution is drawn up would undoubtedly provide an element of stability in post-election Cambodia and help towards the integration of all parties as they learn to work together. After 23 years of war, the inclination to take revenge has
      114 words
  • Article, Illustration
    Philanthropist with the Midas touch
    710 30  -  Billionaire George Soros is a man whose money doesn't talk, it shouts. Peter Millership reports Peter Millership Reuter George soros. who waved his magic wand over the stricken British property market with his latest multi-million-dollar investment last week, is known as a billionaire philanthropist with
    Reuter  -  710 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      492 30 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 HffMi L&M GROUP INVESTMENTS LIMITED NOTICE IS HEREBY GIVEN that the Eleventh ANNUAL GENERAL MEETING of the Company will be held at 13 Third Chin Bee Road, Singapore 2261 on Monday, 28 June 1993 at 10.30 a.m. for the following purposes:
      492 words
    • Advertisement
      Page 30 Advertisements Column 2
      306 30 i IN THE MATTER OF THE COMPANIES ACT. CAP. SB AMD IN THE MATTER OF NIKKO-OMT ASSET MANAGEMENT LTD (In Mamfemr Voluntary LUm—on) NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS [Pursuant to Sec Son 2SO(2Xb)J At an Extraordinary General Meeting of the Company hald at 6 Battery Roed *12-08 Standard Chartered
      306 words
    • Advertisement
      Page 30 Advertisements Column 3
      257 30 M THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AND IN THE MATTER OF BYKI ENTERPRISE PTE LTD (Incorporated In Slnstpon) (IN MEMBERS'VOLUNTARY UQUBATION) At an Eidraonfinary General Mooting of In abovonained company duly convened and hald at 241 River VaSey Road Singapore 0923 on too Mh of Juno 1993,
      257 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      62 30 "ffWiWfifflgga I s»i_vie —i AvesnT cupson\ c ■iwcjua WWl<-*«H» ITD WWI tAt_ wiw POONESBURY GARRY TRUDEAU /rn 'W W iHervßA6Rm?iom AIGO, HIS peopie/me mf f BOOPSB? S& THOUGtfrW MINUTES FfiCE-im MTU INS TO UMCT THIS 7HTN6 *»<«*■ f |rPHNsrcuuPTO I \snX£«*>f[ *J£* f m GP&D ON MY HUHfTB I OmTBRN6UPfINf
      62 words
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  • ANALYSIS
    • Article
      A tragic lack of resolve
      850 31  -  The treatment of the Balkan crisis by the European and world communities is nothing short of disgusting, writes Michel Jobert Michel Jobert IHT INCOHERENCE and cruelty have tragically characterised the intervention of the European and world communities in the Balkan drama. As a former foreign
      IHT  -  850 words
    • Article, Illustration
      The end of a special relationship?
      1550 31  -  The Cold War has been replaced by the economic conflict between the US and Japan, writes Leon Hadar from Washington Leon Hadar The writer is a Washington-based journalist who contributes to RT ONE OF THE best-sell-ers of 1991 in Washington and Tokyo was a
      1,550 words
    • Article
      An unenviable task
      859 31  -  Quentin Peel on the difficulty German Finance Minister Theo Waigel has balancing the budget Quentin Peel FT WHEN Theo Waigel, Germany's long-sufTering finance minister, let it be known last month that he wanted to go home to the job of prime minister in Bavaria, cynics in Bonn
      FT  -  859 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      104 31 Money I Money MT Money J I Money Money I Money Money J B Earn it with the I Australian Property Investment Cycle I 5 Elizabeth Street, Sydney, Australia I Money H Centrally located in the Financial Core of the CBO, minutes from the I Stock Exchange, Futures Exchange, Banking
      104 words
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  • Article
    US seeks to amend airline subsidy agreement with EC
    462 32 NYT Reuter PARIS The US is seeking to change an agreement with the EC on airline subsidies, threatening a new transatlantic row over how much each side gives to their ailing aerospace industries. US Commerce Secretary Ron Brown told a news
    NYT; Reuter  -  462 words
  • Article
    Special trade terms with Japan do not mean we're protectionist: Brown
    199 32 Bloomberg Business News WASHINGTON The Clinton administration's desire for a special trade arrangement with Japan doesn't mean it is protectionist, US Commerce Secretary Ron Brown has said. The "hot rhetoric" tossed between Japan and the US in recent months
    Bloomberg Business News  -  199 words
  • Article, Illustration
    Major calls cabinet meeting to limit damage from Lamont's attack
    543 32  -  From Neville Stack in LONDON PREMIER John Major called an unscheduled cabinet meeting yesterday to find ways to limit the damage from a devastating attack on "the way we make our decisions" by sacked chancellor Norman Lamont. Only two hours
    543 words
  • Article
    Billionaires find hard times a good time to make more money
    443 32  -  By Nirmal Ghosh BILLIONAIRES got richer during the recession. Ten per cent richer in fact, according to Fortunes list of the world's 101 richest people. The richest man in the world is still Sultan Hassanal Bolkiah of Brunei, whose
    443 words
  • Article, Illustration
    West must not demand too much from Romania
    740 32  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The author is a Member of the European Parliament. NOT LONG ago. I paid my first visit to Romania. And just as that country used to symbolise all that was wrong with totalitarian state planning,
    740 words
  • Article
    HK talks must make more progress if polls are to be on time: Hurd
    277 32 Reuter LONDON British Foreign Secretary Douglas Hurd said yesterday that Sino-British talks on Hongkong's democratic future could not go on indefinitely and must make more progress if elections were to be held on time. Mr Hurd
    Reuter  -  277 words
  • Article
    Premier of Australian state pledges to block aboriginal land claims
    287 32 Reuter SYDNEY The premier of the state of Victoria yesterday promised to block aboriginal land title as Aborigines laid claim to another large tract of Australia. Premier JcfT Kcnnett said he would recall the Parliament of Victoria for a spccial
    Reuter  -  287 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      67 32 jjnaa—'<*. i Tke Mulberry Despatcn When you appreciate that classic proportions are never leathers and Scotchgrains. Available in a variety of sizes. Adjustable shoulder strap. Secure flap-over fastening. Solid brass fittings. Inside zipper pocket. 4$ A II Ticket pocket. Seams piped IVI UIDC Y X^y and bound in leather. Raffles
      67 words
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      Page 32 Advertisements Column 2
      8 32 The end of a special relationship?, Pg 31
      8 words
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      Page 32 Advertisements Column 3
      25 32 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577.
      25 words
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      Page 32 Advertisements Column 4
      72 32 TopfenpecHw TYjlMl Viewing and Dining Reservation 539-3232 ant Ngee Ann City—. (At Orchard Road) The Ultimate Business Address Serviced Office Rooms [Need A Complete Office For The Price Of A Room?" We have furnished office rooms that come together with personalised telephone answering, full secretarial facilities, conference meeting room and
      72 words
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  • SHIPPING TIMES
    • Article
      PIL's new feeder service to Madras breaks monopoly
      415 33  -  By Dexter Lee SINGAPORE Bengal Tiger Lines' monopoly over the Sin-gapore-Madras container trade route has once again been challenged barely six months after the last challenger, Orient Express Lines, threw in the towel. The new kid on the block is Pacific International
      415 words
    • Article, Illustration
      Laem Chabang terminal to handle 70,000 boxes this year
      335 33 BANGKOK Laem Chabang Port's terminal four is projected to handle 70,000 TEUs (20foot equivalent units) this year, up by 50,000 TEUs from last year's performance. According to The Nation, Tips Co Pte Ltd, a Thai-Japa-nese joint venture which manages the port,
      335 words
    • Article
      NOL reaps $5m profit from sale of stakes
      188 33 SINGAPORE Neptune Orient Lines (NOL) has sold its strategic stakes in four companies, making a profit of $5 million. The companies are Offshore Joint Services Company of Chiwan, Offshore Joint Services (Maintenance Sl Repairs) of Shenzhen, CWT Distribution and Petrodril Holdings. In
      188 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1108 33 Page Col ABC Containeriinc 12 I 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 15 5 ASCL 5 5 Asian Breakbulk I5 1 ASXCL
      1,108 words
    • Article
      US shipbuilders still inefficient: Kvaerner official
      426 33 Knight-Ridder OSLO US shipbuilders "are fooling themselves" if they believe action against ships constructed with subsidies will enable US yards to compete in the world market, a prominent Norwegian shipbuilder warned on Tuesday, according to a report in the Journal of Commerce. While welcoming
      Knight-Ridder  -  426 words
    • Article
      M'sia, Indonesia hold joint exercise in Malacca Straits
      418 33 Knight-Ridder Bernama KUALA LUMPUR Malaysia and Indonesia were to hold joint maritime operations in the Straits of Malacca yesterday in a move to safeguard the security of users of the busy waterway, the Star reported yesterday. "It is important that the straits
      Knight-Ridder; Bernama  -  418 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        371 34 VwmI Voy Wo Berth Arrival Pepartae Itoj Voy Wo Bwtt fcmal Pqxrtun Marina Wharves mwj 23/93 pc< *****700 1106 ?3oo Batam Sayang *****3 M04 alongside U 06 0500 hwn 08,93 P04 1106 1600 1106 2300 Batammdo 2 2156S* M01 alongside 10.06/1900 Mian 109*93 POM 1106, 0/00 Btm
        371 words
      • Article
        CONTAINER SCHEDULES
        1612 34 IMUL'JI'M. IF EXPORT FCL CONTAINERS AND La CARGO RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Booking Balance Rslts Ship Voy No Etb/Btr Period From To From Vi Dais* 40A 12/1500 1 10/1500 10/1659 10,1900 2 10/1700 11/0659 11/0900 4 11/1200 11/1*59 111*00 V, hk 37B 12
        1,612 words
    • Article
      THE SHIPPING GUIDE
      11742 42 This is a list of ships loading at To Singapore for ports around the Ha world. It tabulates, by destination, Jui the name of the ship, the shipping Ds line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship
      11,742 words
    • Article
      DAILY FREIGHTS
      1071 49 THE BALTIC Freight Index for spot dry cargo shipping rates fell to 1,576 on June 9 from 1.581. Rates for Panamax tonnage in" the Pacific appear to be holding steady despite recent signs that the market would ease, brokers said. Broken Hill Pty fixed the 69,497-deadweight-tonne Daiten with
      1,071 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      530 49 Cartwn Csbon jan 4 Density Water Residue Mi Numriun Sedment Demily Water Mi Afcawnuw Swfcnent M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method ISO/Croc Lints Spec E25 991 To 1?0 0J0 30* (U0* Eastern USA 180 Ave 983 0.2
      530 words
    • Article
      TRANSPORT DIARY
      153 49 COURSES Title: Multimodal Transport Management Duration: June 17/18 21/22 Organiser Singapore Freight Forwarders Association Tel: 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 Tet For further details and application forms contact SPI at
      153 words
    • Article, Illustration
      European airlines face tough fight in US market
      914 50 Europe's share of the transatlantic market has fallen and the trend is expected to continue Aviation Week Space Technology EUROPEAN carriers serving North Atlantic routes must seek better access to the US market, reduce costs and offer a "superior product" if they
      Aviation Week & Space Technology; Source: Association of European Airlines (AEA)  -  914 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Civilian pilots can now use satellite navigational system
        507 52 NYT WASHINGTON The Federal Aviation Administration (FAA) on Wednesday authorised civilian pilots to use a satellite-based navigation system that will enable them to choose direct routes without relying on navigational aids on the ground. The system's electronic signals will also enable the
        NYT  -  507 words
      • Article
        Qantas to shift 3 US flights to San Francisco
        195 52 Reuter SYDNEY Government-con-trolled Qantas Airways Ltd said it plans to switch three of its 10 weekly Sydney-Los Angelas non-stop flights to San Francisco to comply with an order from the US Transport Department. The US Transport Department last week banned three
        Reuter  -  195 words
      • Article, Illustration
        Boeing targets inventory control to cut costs, speed production
        666 52 Bloomberg Business News PARIS Boeing hopes "just-in-time" inventory control can help it trim production costs by 25 per cent over the next two years and cut in half the time it takes to deliver a plane. Boeing's goal is to "provide
        Bloomberg Business News  -  666 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1408 52 a& nm eta no OtM WwM GA928 0040 AMaMt QF81 1940 QF82 2055 SQ227 2230 toltlriw KL837 1445 GA890 2310 SQ323 1815 SQ324 2345 GA892 2359 Utmm SQ348 2300 taddmi NZ35 1550 BA11 1505 SQ288 2030 SQ285 2015 BA12 2200 NZ36 2340 ialrala GF149 0650 BSariBagawaa
        1,408 words
      • Article
        Drive by British car makers to limit Japanese imports
        478 52 Reuter LONDON British car makers on Wednesday joined the chorus of European countries saying imports from Japan should be limited to protect the home industry. Geoffrey Whalen, appointed on Wednesday as president of the industry body, the Society of Motor Manufacturers
        Reuter  -  478 words
      • LOG BOOK
        • Article
          Faster info for Kelang Port users
          86 52 Bernama KUALA LUMPUR Port users can now obtain information on port operations quickly and conveniently from the Kelang Port Management's (KPM) one-stop operation centre. The centre, located at the Shipping Control Section, is open 24 hours daily. A senior executive is on duty to
          Bernama  -  86 words
        • Article, Illustration
          All's fair when getting fares
          72 52 Reuter NEW DELHI Traffic comes to a standstill on one of New Delhi's busier streets as a fleet of buses try to outdo each other in attracting passengers. Drivers of Red Line buses, a new privatised service, are blamed for reckless driving which has killed
          Reuter  -  72 words
        • Article
          US cargo preference laws slammed
          79 52 Reuter WASHINGTON US Agriculture Secretary Mike Espy said he is displeased with cargo preference laws that require 75 per cent of agriculture commodities under aid programmes to be shipped on higher priced US flag vessels. "Though 1 must and should comply with our laws, I
          Reuter  -  79 words
        • Article
          US liners may face new regulations
          67 52 Reuter OCHO RIOS, Jamaica Former Prime Minister Michael Manley plans to recommend that Caribbean governments create a licencing authority to regulate cruise ship activity in the region, the Caribbean News Agency reported. Mr Manley, speaking at a Caribbean hotel industry conference, also proposed creating
          Reuter  -  67 words
      • Article
        Southwest Airlines' appeal in Texas bullet train case dismissed
        359 52 Bloomberg Business News AUSTIN, Texas Southwest Airlines Co's attempt to block the state from awarding a franchise to develop a bullet train was blocked by a Texas appeals court. The ruling affirms a lower-court decision last year that found no statute
        Bloomberg Business News  -  359 words
  • Page 33 Advertisements
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      8 33 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times
      8 words
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      Page 33 Advertisements Column 2
      26 33 9 Lines and ntvlcm repreaantad by Mambara of the Ragiatry of Accraditad SNpping Aganta, Singapore National Shipping Aaaociation For advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090
      26 words
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      Page 33 Advertisements Column 3
      167 33 E FAMOUS CiUfiOM EEHMI 224 1833 For more information pleaxe refer to Pg. 13 European airlines face tough times, Page 18 Civilian pilots can use satellite system, Back Page MARITIME m CHALLENGESCfI A Special Business Times Supplement June 29,1993 The maritime industry is a key element of the Singapore and
      167 words
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      481 34 a* TSKUNE AGENCES (S) PTE. LTD. j T C? w ymrp Tel: 226-3363 HnM J. 3.JV# JLUNJL F,x: 226 1972/3 Tlx: RS *****/TSKSM. Wffig TOKYO SENPAKU KAISHA, LTD. «"*> >IM«78oooon I roots to HOWfiKfttfe UMMA. TAWm i MttN "WBtf iiMY" I jff"T 'W wff IMIE fBI 1 ACX LOHB 386
      481 words
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      Page 34 Advertisements Column 2
      929 34 L_ -----■#> ri IT7 117 ga/jugsiu I 11/? 4/7 "^^l 14 2*244 10? I 127 147 14 7 < SEA) 14 7 14 7 14 7 1* 7 17 7 **TH SEA »/7 12/? 13/7 Ifc? 17/7 14/7 12/7 14/7 Iwrm IBTSI* m I mi; I 1/; I i«; I■■
      929 words
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      Page 35 Advertisements Column 1
      2285 35 ifSS?" ,H M0 ,MHCIES {t^*3s?rei?M^7?f*)^7sM3« noriIMFNTATION TEL *****64 FAX *****09 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 K Mwfl BOOKMIGS TEU *****81/ *****82 IPOH TEL: *****3/4 FAX: *****6 F5l TEL *****21/ *****79 P.GUDANG TEL: *****2/3 FAX: *****4 (OPNS) CUSTOMER SVC TEL: *****92/*****91/*****93 JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 r>
      2,285 words
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      Page 35 Advertisements Column 2
      1899 35 NEXT SAILING TO HONG KONG/TAIWAN/JAPAN/KOREA/PHILIPPINES/CHINA SEA-LAND DEVELOPER V.IBBE ETA SIN 14TH JUNE 93 MAJESTIC MAERSK V.9306 ETA 15TH JUNE 93 LAUST MAERSK V.9308 ETA SIN 16TH JUNE 93 VMM voy ETA I ETO Fmdar by DESTINATIONS Ttot mm MAJESTIC MAERSK >306 cy is/08 osoo mrs CfS 14/06 2359 MRS -KX
      1,899 words
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      Page 36 Advertisements Column 1
      1532 36 AQABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE yygg-j- MALAYSIA KAI 02/322 12/6 21/6 27/6 30/6 3/7 5/7 7/7 Poet Kelang. Penang LA SEINE 30/123 16/6 2/7_ 5/7 3/7 Pasir Gudang HOECHST EXPRESS 09/323 19/6 29/6 5/7 7/7 10/7
      1,532 words
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      Page 36 Advertisements Column 2
      670 36 FCL Bfeakbulk Service to: I AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services F C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, I Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata I North Korea Vietnam a Mongolia a Hungary CSFR a Poland L ocT®Trans II II NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A I Feeder
      670 words
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      Page 36 Advertisements Column 3
      1227 36 fflnuiu uas MMM REGULAR INDEPENDENT FULL CONTAINER SERVICE AWT *I NOR ASIA SAMANTHA 9322-3 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 20/07 21/07 22/07 23/07 25/07 24/07 I NORASIA SIN6A 9324-3 01/07 24/07 31/07 01/08 28/07 29/07 30/07 31/07
      1,227 words
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      Page 37 Advertisements Column 1
      1801 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppei Towers Singapore 0208 Tel: *****88 Fax: *****17 mmwmmwrniMm MJWWWIiW CM GO Dot S/UIS STKMTS VENTURE VIX Muara. lab M M lur kl PI 11 tan FCL, LCt CONTAMKR AND MCAKMJLK SERVICE TO MUM NEW OUtU RAJAH BROOKE VI4E Muvi
      1,801 words
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      Page 37 Advertisements Column 2
      1626 37 I SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd l W I AI IWI I /fIUCrN 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 f Te| 225 2233 Teiex: RS ***** p N QCSP Fax: 225 5327/222 7517 CR Number: **********0Z ummwT r== =5 mm liG SOU ANT NOT
      1,626 words
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      Page 38 Advertisements Column 1
      709 38 Wt Wt WfM/MM WW "wnl Wllßf mmm 3?m x x/i I 31/7 v» io/« I >3/« RUTM V2MB _ILUZL—I n/> I M/t TO AllS «L VOT mi stow STP lELB BWS FK MO. K ttsai 773 17/6 16/6 30/1 3/7 10/7 1 ttSStL 05S M/t H/t 4/7 7/7 1/7 WO
      709 words
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      Page 38 Advertisements Column 2
      1805 38 (g) HANJIN SHIPPING FMWtI LM HAUL SEA POX FWVSI ILNE HAUL SAV IM NYC 24/6 SHcl i*/7 IK! $!SSSf!L 29/7 30/7 "/J VI W 22 7 24/7 HMM MABURG 014E 1/7 M. ASIA OIK VI W HANM SMAPORE 010E 8 MEC 29 7 31/7 HANJM SMGAPOK 010E 8/7 A HONGKONG
      1,805 words
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      Page 38 Advertisements Column 3
      1508 38 -j -Tr-T-T3^Tik IKI ISC MC UC UW!0» K> H ITQ 111 CK U KTCIM WT» fit MHI SCP i guwi hiu mpi is/4 i7/i u/i 21/4 22/t a/4 a/4 a/4 a/4 »/7 a/7 21/7 a/7 i/s s/i 1/1 7/1 u/« a/» n/« 1/1 c gentiy «045 let i7/c 21/4 21/4
      1,508 words
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      Page 39 Advertisements Column 1
      1700 39 II II SCX: NEPTUNE DIAMOND 14E ETA SGP 16/06/93 II II ARRIVING LOS ANGELES 04/07/93 IN 17 DAYS l| AEX: NEPTUNE AGATE 10E ETA sgp 17/06/93 II yr II ARRIVING NEW YORK 09/07/93 IN 22 DAYS U FEEDER VBL VOY I SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY
      1,700 words
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      Page 39 Advertisements Column 2
      1116 39 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 EASTBttJC-OtSCHAMONG WESTBOUND-lOADWG TRAHSHPPED VIA ROTTCTDAM
      1,116 words
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      1447 40 AS AGENTS KAWASAKI SINGAPORE (FTI) LTD (C* No: C*****0000M) __TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W W WJ* MALAYSIA "K" LINE MAMTMI (MALAYSIA) SON BHO ra m TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I JL VLi A A INDONESIA: P.T. SARANA LAUTINTEKNUSA, TEL: JKT
      1,447 words
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      Page 40 Advertisements Column 2
      999 40 PHIU-OttICNT UN€S PT€ LTD 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 FORWAROERS ASSOCIATION H AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 JUN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 12 JUN AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 25
      999 words
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      954 41 /aasgpff PACIFIC INTERNATIONAL LINES (PTE) LTD j I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I BSSSS« CR NO: 100a*****00E H Pi |p VESSEL VOV SW SKK SIN M »/0 IK SRISAMUT (THAI FLAG) SRS24N 15/S IS/6 22/6 BUNGA TCRATAI 5343 18/6 18/6 22/6 |h KOTA SUMA KSR24N 16/6
      954 words
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      Page 41 Advertisements Column 2
      1128 41 ES J£ L J yo? VW FEOdi SPORE HAMBURG ROTIIRftAM AfrldOP THMC l£ lIMK ■Ift* «a Hji* r~] 14/ M 00/07 11/07 18/07 pnw nwnnnri ti»w 1 1 io/o« lt/e? u/£7 10/07 20/07 imi I 27/04 23/07 2S/07 20/07 27/07 20/07 rj-=j 04/07 >0/07 01/00 02/0* 03/00 W/«0 H ALSO
      1,128 words
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      Page 41 Advertisements Column 3
      364 41 ORAVVAI I SHIPPMG j TEL: *****88 FAX: *****00 DIRECT REGULAR SERVICE JAKARTA SURABAYA t ACCEPT CARGOES TO ALL OTHER MOONEBIAN PORTS WITH TRANSHIPMENT AT JAKARTA OR SURABAYA DESTINATION ETA ETD VSI JAKARTA 7/1 10/« P. SUMATERA J 17/8 18/6 P. JAWA I 22/6 23/6 P. KALIMANTAN 28/6 29/6 P. SUMATERA
      364 words
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      Page 41 Advertisements Column 4
      396 41 BSA M MYANMA \BBk FIVE STAR LINE (Myanmar National Line) Loaifinf for Yanfon (Ranfoon) Sport PJUk r« P.Sdf HPA-AM VI9IN In tat 100UWV1M 12/14 Jun PAGAN VIMW 19/21 km ta Nrt 17/11 km PATHBN VI23M to Port MAUTO* AGENTS: BOUSTUD SVPM AGENCES Ml: m 03-*****00 HL IE 13-34*747 fOt TU
      396 words
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      Page 44 Advertisements Column 1
      2534 44 Conventional Semi-Container Fuii Container Liner Services Liner Services u*„mt aim* Cmnl Attn* trrti'-j Amrix t—"l Ad** tea Caw SMwtaf S* MM CtMf CMm MM S* (M f.I. dotal Mn Ma* rick Fung Shipping t Coitor SNfftaf ltd sm^Mrnumum c*nU.M sim»>4.im.«m jJW«n« Ll'i.T*"" Enterprise Co Ltd M#£inuiH ah.iM.<a—rtnw £*ift£Kr s*"5*"" X
      2,534 words
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      Page 45 Advertisements Column 1
      658 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 14/06 ROTTERDAM 14/06 AARHUS/COPENHAGEN 14/06 HAMBURG/BREMEN 14/06 MARSEILLE/FRANCE 17/06 FELIXSTOWE/UK 14/06 BARCELONA/SPAIN 17/06 LEHAVRE/FRANCE 13/06 GENOA/ITALY 12/06 ANTWERP/BELGIUM 14/06 LOS ANGELES/WC/FI 13/06 SYDNEY/MELBOURNE 12/06 NEW YORK/EC 7 13/06 FREMANTLE/ADELAIDE 12/06 VANCOUVER 16/06
      658 words
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      Page 45 Advertisements Column 2
      610 45 \r-rrs RICHFIELD MAMIE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) \*P\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiop«a) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING fOR SPORE ABYOT 3?WB 12/06 OARESSALAAM MOMBASA OJBOUTI ASSAB MASSAWA ANCXNET 3IWB 25/07 OARESSALAAM MOMBASA
      610 words
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      Page 45 Advertisements Column 3
      955 45 JAKARTA BANGKOK Wa W MM IT WW OPT MWW —MOT MIA BHUM 01S M PT 15/4 lARU BHUM 7«W 1 PT 11/6 Won 14/4 SUA BHUM OU 12/6 STS OMGON SENTOSA 39N IPT 11/4 Tu» 15/4 THANA BHUM 34S 14/4 li/4 NMIIA BKB4 145N Sit 12/6 Ntd lf/f CHAIYA BHUM
      955 words
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      1447 46 *1 -|V ~/VuHAgents: MAC-NELS SPORE: *****22 (24 LINES) J SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 j HKG/TWW/BKK I GOTH/UKC/MED PORTS S PEN PKL SIN EVERY TIJE/THUR/SAT PEN PK SIN 11/6 12/6 13/6 Hont Konf W'l }J£ J 13/6 14/6 15/6 HooiKonj
      1,447 words
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      Page 46 Advertisements Column 2
      194 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD HA it* srow rati uimk knuk ehui i*oc a/% Loading lor Malt KUVM HUDHU 23 6 Loading >0( Calcutta ooirHM tit 14 s Loading foi Mat* riOKU SUTKM 24 t Loading For Mafe UNffEDH ft 6 Loading foi Ma* PROGRESS LKRTT 25,
      194 words
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      Page 46 Advertisements Column 3
      959 46 THONG SOON UNES PTE. LTD.] Mi 77 ROBINSON ROAO #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 VSr TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UNfc *****68 MWOAPOWE TO OAHAWAK VESSEL VOT SPORE PEST VESSEL VOY SPORE PEST EQUATOR JADE 80/3E 14
      959 words
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      753 47 WgV'EVERETT ORIENT LINE" TfEA JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAXBULK SOC CARGOES TO/FROM «OK. YOKOHAMA. HAGOTA. MO I. TOKYO*. MANIA* DAVAO*. Petiant* P. Ketanj Srtapore E'Msia* KARABEVERETT VI2E 22/23 km SHAPIAEVERETT WI6E OS/W Jul 10/11 Jul IYYEVERETT VSE 15/16 Jul 17/18 Jul ACCEPTKG BREAKBULK FCI SOC CARGOES TO FROM CMTTAGONG.
      753 words
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      Page 47 Advertisements Column 2
      321 47 181 BLOWY NAVIGATION CHOW REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VN 15/6 17/6 IS/6 25/6 GLORY SELATAN V 15/6 22/6 SP PKL HCM HK KAO SHING YUNG ACCEPT CLASS CARGO TO
      321 words
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      Page 47 Advertisements Column 3
      629 47 KSL WORLDWIDE HMMW -CUW STOMAS UNtS REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Stiantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO SOUTHERN
      629 words
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      Page 47 Advertisements Column 4
      473 47 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SM DURBAN P ELIZABETH SIN FENGSHUNSMAN V 45/«« 19/06 OS/07 08/07 26/07 FENGANSMAN V 122 04/07 20/07 23/07 11/ OB FENGKANGSHAN V52/S3 19/07 OS/OS 08 08 26/0e ALSO ACCEPTNM TO JOHANNESBURG PRETORIA VU DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL
      473 words
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      Page 47 Advertisements Column 5
      301 47 SjN FAR 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 S|N CHINA 13/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 14/6 LDN/FLX/LVP/SOU 14/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SjN USA/CANADA 13/6 LOS
      301 words
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      779 48 an ura EXFIBS AfiBKES HONG KONG/CHINA 14/6 A 21/6 JAKARTA H/6 6 25/6 BANGKOK 16/6 6 23/6 MANILA 18/6 A 25/6 BUSAN 14/6 21/6 KEELUNG 17/6 A 24/6 TOKYO/KOBE 18/6 A 25/6 KAOSHIUNG 15/6 A 22/6 FONT KELANG/PENANG 18/6 A 25/6 YOKOHAMA COLOMBO 17/6 A 24/6 FELIXSTOWE/HAMBURG 18/6 A 25/6
      779 words
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      Page 48 Advertisements Column 2
      428 48 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 17TH JUNE ACCEPTING TO ALL NEW ZEALAND PORTS PORT KELANG 17 JUNE JAKARTA 13 JUNE BANGKOK 13 JUNE SURABAYA 14 JUNE FREMANTIE 21 JUNE MELBOURNE 18 JUNE SYDNEY 18 JUNE BRISBANE 15 JUNE I*ACCEPTING TO ALL SCAMMNAWA POtTS KARACHI 16 JUNE
      428 words
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      Page 48 Advertisements Column 3
      496 48 Next Week's Sailings Tn -"tzxz rHlM FIRST FORWARDER IN To: ETD To: ETD ASIA awarded Singapore Singapore lso 9002 BY EVERY EVERY t Bangkok SUN Hamburg SAT QQi EVERY EVERY lV] Manila SUN Ho Chi Minh FRI fUI |j jT j EVERY EVERY Colombo TUE Los Angeles SUN 1 MTERNATKMAL
      496 words
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      Page 48 Advertisements Column 4
      119 48 H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FE LIXST O W E/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to KL, BANGI, SHAH ALAM ARROW EXPRESS BONDED
      119 words
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      Page 49 Advertisements Column 1
      1161 49 g DAYS FREQUENCY TO INDIA AND THE GULF NecMpycl Lines WSSQ lit ri| Sn S'bjyi Akl Ff(A) UPtjmwrfti Timni lyt(B) bm*(B) Napier M|(C) lamp BWf Ndm •JESS- Z T T w w fiW" Z Z Z Si w ,}/T Z 23/' Z Z Z Z in 'NLL Hoorn/2193 22/6 10/7
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      598 49 TOPAY'S TIDES (heijht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 ft 1.9 2.3 2.7 2J 2.7 2.3 1.9 1.4 10 0.7 0.7 0.7 1.0 1.4 1J 2.1 22 2.1 1J
      598 words
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      Page 50 Advertisements Column 1
      624 50 WORTH PHILIPPINES FULL CONTAINER SERV CE VESSa I VOYAGE I SUGAPOWE MANIA VIMW ShWQtt FRDAY MO MONDAY Si SWGAPOttF 55ANB 14/06/93 19/PC/93 vicoS PAcKc 20NB 18/06/93 26/06/93 VIGOUR PACffIC 1 20AWB 21/06/93 1 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE POUT KLAN6 PENAN6 MARftA MAS 8281!! IfiZfiSZSl 12/OS/93 VIGOUR
      624 words
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      Page 50 Advertisements Column 2
      367 50 ISml FREIGHT management^ GENERAL: *****11 BOOKING: *****55 INDIAN SUB-CONTINENT Chittagong, Madras, Calcutta, Bombay, Colombo, Karachi J EES FREIGHT SERVICES PTE LTD I H IhjTZj #01-60 Wallich Building, Singapore 0207 A■■ mM IKI Tel: *****66 (10 Unes) Fax: *****69/*****44 AIRPORT OFRCE: *****11 *****13 (FAX) I SYDNEY/MELBOURNE I I VSL PLANETA V
      367 words
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      Page 50 Advertisements Column 3
      417 50 WOOD LINE SOUTHERN AFRICA SERVICE SPORE PI UN CI A WSSEL ***** 20/4 7/7 14/7 20/7 •ALSO CALLS EX. AND PX. PK SEAFIX SHIPPING SON BHO TEL *7 5525TLX. ***** KJC.: CAPRICORN FREIGHT SEW VICES TEL 211 202 TLX. SIMS SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPCK
      417 words
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      Page 51 Advertisements Column 1
      874 51 ▲HYUNDAI I MERCHANT MARINE CO. LTD. I WESTBOUND TO EUROPE KISSELS TOY PNA PKE P6O VESSfIS VOY SN »TM <IH' LtH* HM» FO_ NOR ASIA MALACCA 9321 A 08/06 09/06 10/06 a COMMANDER 304* 13/06 02/07 02/07 03/07 04/07 04/07 06/07 MM ADVANCE 20A 15/06 16/06 17/06 SI FREEDOM 305*
      874 words
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      Page 51 Advertisements Column 2
      503 51 STRAITS/ JAPAN/ STRAITS SERVICE E SPECIALIST M RO-RO t HEAVY LfTS I INBOUND VESSELS rtSSII HI n UC U I warn it mn u/« ma I mssm nam in I COSNK PWI M 11/ C I •AM RUN It I SINAI 21 12/1 I MOIT ICE 2 24/1 2S/I BU
      503 words
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      Page 51 Advertisements Column 3
      908 51 JEDDAH/UK/CONmNENT STORE lED S TON HSUR6 RDAM UN Aba Cap E«: RAI *2/372 17/4 21/ C M/( 1/7 5/7 7/7 Southampton to j| UR Ondubon BHtat aid OuMbi LA SIM 10/123 lf/t 3/7 i/7 1/7 Rttladm :to al Antwerp Aimttrdam. o*. HM HOECHSI EffRESS OS/323 l»/4 2>/« 7/7 11/7 12/7
      908 words
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