The Business Times, 27 August 1993

Microfilm: NL18960
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE KNOW ASIA MITA (P) 552/12/92 Friday August 27 1993 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon China and Thailand sign extradition pact
      60 1 AFP BEIJING China and Thailand signed an extradition agreement yesterday, Xinhua news agency said. The accord, the first of its kind agreed by Beijing, was signed by China's Foreign Minister Qian Qichcn and his Thai counterpart Prasong Soonsiri in the presence of China's Prime
      AFP  -  60 words
    • Article
      Lock icon Israel ready to pull out troops from Gaza
      59 1 AFP WASHINGTON Israel is prepared to withdraw troops and allow Palestinian self-gov-ernment in the occupied Gaza Strip and possibly Jericho, Foreign Minister Shimon Peres said yesterday. Mr Peres told Cable News Network that the proposal would be pari of a proposed declaration
      AFP  -  59 words
    • Article
      Lock icon Pakistan could lose US$1.5b
      69 1 AP ISLAMABAD Finance Minister Babar Ali said yesterday that any attempt to water down his government's tough economic reform programme could cost Pakistan USSI.S billion (552.4 billion) in World Bank aid. He said that it will be contingent on Pakistan pushing ahead with a broad package
      AP  -  69 words
  • Article
    MARKET SUMMARY
    111 1 Stack market indices Tharcday Change STII 2,010.19 +34.1 KLSE Composite ***** +6.06 Nikkei 20.591.76 +70.31 Hang Seng 7.449 08 183.50 SET Index 961.77 +9.44 Jakarta Composite ...405.56 7.07 CLSA China B 953.1 +9.8 Aust All Ord 1.151.1 +11 FTSE 100 3,079.2 unch Thvnday Pmkm Ipm rlo* Dow Jones
    111 words
  • Article, Illustration
    STII roars past 2,000; KLCI also hits new high
    424 1  -  By R Sivanithy SINGAPORE The Singapore and Kuala Lumpur stockmarkets smashed their way to new records yesterday, driven by strong overseas buying. The Straits Times Industrials Index roared past the 2000-point barrier for the first time ever closing at 2010.19 while
    424 words
  • Article
    China Everbright launches bid for control of HTP Hldgs
    604 1  -  By Amy Balan SINGAPORE Chinas state-owned enterprise, the China Everbright Holdings Company, has launched a bid for full control of Singaporelisted HTP Holdings, squashing earlier rumours of a possible rival bid from the Hong Leong group. If successful, China Everbright, which
    604 words
  • Article
    URA to hold pilot auction system in November
    421 1  -  By Lim Siok Mei SINGAPORE The Urban Redevelopment Authority will hold a pilot auction in November, paving the way for what could be a change in the way property is sold here. The Minister of State for National Development, Lim Hng Kiang,
    421 words
  • Article
    Lock icon A-G's consent sought to prosecute several people in Union Paper case
    354 1 MBT KUALA LUMPUR The Malaysian Securities Commission has sought the AttorneyGeneral's consent to prosecute several people for short-selling shares of Union Paper Holdings Bhd. However, A-G Abu Talib Othman said he could not sanction the move, pending the outcome
    MBT  -  354 words
  • Article
    Lock icon Deng's rival gains upper hand over policy
    267 1 AFP BEIJING Chen Yun, the rival of Chinese patriarch Deng Xiaoping, has gained the upper hand in influencing national policy, according to an official newspaper seen here yesterday. Chen, an advocatc of a more cautious pacc of development, submitted 10 proposals to the
    AFP  -  267 words
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      148 1 I ASIAN'S Nil I COMPUTER PRINTER I RIBBON MANUFACTURER CONTENTS Spore News 2 ?po^sr3a 9,120 Regonal (tews 3.4,5 Fmncal .12,13 World News 7,8 Featam Markets Analysis 25 Ctob/KlSt. StS 17,18 Idrtonal 24 Regonal 15 Sports 19 World 15 IV/lifestyle 21 Currencies 12 M Marketing 22.23 Snex/Comrno .13.14 Subscription Tel 1800-*****77
      148 words
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      Page 1 Advertisements Column 2
      41 1 Ad and Marketing: Pg 22 Towards a broader retail vision "I cannot say anything, the newspapers may hit at me next." M'sian Prime Minister Dr Mahathir Mohamad, complaining about the local media's biased coverage of party polls Full report, Pg 3
      41 words
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      8 1 Hock Lock Siew: r# 9 ALR's stagnating shares
      8 words
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      Page 1 Advertisements Column 4
      77 1 The Bottom Linehbckj%j &US 1993 r Umno contest nofakcording to scrm Saying 'cheese' in Beijing c i V i m >> BEIJING China's Premier Li Peng (centre) with his Thai counterpart, Cbaaa Leekpai (left), and other Thai and Chinese officials posing for an official photograph after ceremonies to welcome Mr
      77 words
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      Page 1 Advertisements Column 5
      37 1 if HAN BOONS A ASSOCIATES Tels 250 8070 Fax; 250 8471 MORE GOOD RESULTS, Pg 9 Hotel Properties, up 180% to $27.7 m Singapore Bus Service, up 35% to $37.7 m Intraco, up 100% to $5.6 m
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Personal bankruptcies up 13pc
        277 2  -  By Teh Hooi Ling THE BUSINESS climate appears to be fine for companies. The numbers of company winding-up petitions filed and actual wind-ing-up orders made were stable in the first half of this year compared to a year ago. But the picture is not as rosy
        Source: Official Assignee Public Trustee  -  277 words
    • Article, Illustration
      Political experience is a plus: Teng Cheong
      513 2  -  Run-up to the Presidential Election By Chuang Peck Ming PRESIDENTIAL candidate Ong Teng Cheong said last night that the job of the Elected President was not simply to add up numbers, but to make political judgments. And he had the experience to do
      513 words
    • Article, Illustration
      Chua says lack of political experience is no handicap
      425 2  -  By Anna Teo LACK of political experience is no handicap for the office of President, says candidate Chua Kim Yeow. Making his first open pitch for votes on TV last night he urged Singaporeans to vote for him "with confidence" tomorrow
      425 words
    • Article
      A man who overcame great odds to succeed in life
      212 2 CHUA KIM YEOW had only nine years of schooling, but earned his ticket to a professional job through self-study. Son of a stevedore subcontractor to the then Singapore Harbour Board, Mr Chua grew up in Chinatown. He topped Gan Eng
      212 words
    • NEWS ROUNDUP
      • Article
        New orchid research centre
        66 2 THE Primary Production Department is developing a new Orchid Research and Service Centre to evaluate and select orchids cultivated by the Singapore Botanic Gardens for commercial production. The $2 million centre will be opened next month. This was revealed by the Minister for Trade and Industry,
        66 words
      • Article
        Retailers urged to improve service
        127 2 SINGAPORE RETAILERS must focus on improving their quality of service, said Minister of State for Finance and Communications Cdre (Res) Teo Chee Hean at the Singapore Retail Industry Conference. Cdre Teo said that while STPB's recent survey showed that prices of Singapore goods were on
        127 words
    • Article
      Economy forecast to grow 8.1pc this year
      502 2 But next two years will see slowdown: NUS findings THE SINGAPORE economy will grow by 8.1 per cent this year before slowing to about 6 per cent and 5 per cent in the next two years, according to latest forecasts by the National
      502 words
    • Article
      Only two Little India shophouses not taken up in tender exercise
      279 2 ALL but two of 37 shophouses in the Little India conservation area have been awarded to the highest bidders. The two were not awarded because the highest tenderers withdrew their bids, the Urban Redevelopment Authority said yesterday. They will
      279 words
    • Article
      Duta Yap responds to Stanchart statement
      196 2  -  By Paul Leo MALAYSIAN businessman Yap Yong Seong yesterday replied to a statement by Standard Chartered Bank saying it would contest a $238 million claim by his company Monsia Investments. Stanchart had said in the statement that a similar claim by Mr Yap in
      196 words
    • Article, Illustration
      Sony Precision Engineering Centre to invest more in Singapore
      420 2  -  By Teh Hooi Ling SONY Precision Engineering Centre (Spec) will raise its investments substantially from the $242 million it has already pumped into Singapore. Managing director Masanobu Sekiya said the plant will be expanded at the end of the year to
      420 words
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      174 2 Valentino HIH| OD JEANS !od See M 1 to km, We see a small factory in Wilton, Maine 117 years ago, where a man named C. H. Bass recan with a simple COAL "To BUILD THE BEST POSSIBLE SHOE FOR THE PURPOSE FOR WHICH IT WILL BE used." We see
      174 words
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  • THE REGION
    • Article, Illustration
      Lock icon Anti-graft agency clears MIC chief in Telekom shares case
      668 3 No one committed any unlawful act, case now closed, says agency chief Bernama Reuter KUALA LUMPUR The Anti-Corruption Agency (ACA) has cleared Malaysian Indian Congress (MIC) president S Samy Vellu of any criminal offence over the alleged irregularities in the allotment
      Bernama; Reuter  -  668 words
    • Article, Illustration
      Lock icon Malaysia to build light trainer aircraft
      324 3 Reuter KUALA LUMPUR Malaysia will build light trainer aircraft using Swiss technology in a move towards setting up an aviation industry, Defence Minister Najib Abdul Razak said yesterday. "The first batch of 20 Swiss Trainer MD3-160 two-seater, all-metal aircraft will roll out by June
      Reuter; AFP  -  324 words
    • Article
      Lock icon Thai military wants to inspect two jungle camps in Malaysia
      486 3 AFP BANGKOK The army commander in southern Thailand, where a spate of violence has been blamed in part on Muslim separatists, wants to inspect two jungle camps inside Malaysia which the guerillas are believed to be using, a report said
      AFP  -  486 words
    • Article
      Ranariddh arrives in S'pore for talks with leaders
      197 3  -  By Harish Mehta SINGAPORE Prince Norodom Ranariddh, co-pres-ident of the Provisional National Government of Cambodia, arrived here yesterday for talks with Prime Minister Goh Chok Tong, and other Singapore leaders. A statement released by the Singapore Ministry of Foreign Affairs said that
      197 words
    • Article
      Thailand gets ADB help for telecom projects
      280 3  -  From Al Labita in MANILA THE Manila-based Asian Development Bank (ADB) has extended U*****.9 million (*****.8 million) to Thailand for telecommunications and power generation projects. This includes a grant of US$6OO,OOO for a study on restructuring and privatising Thailand's telecommunications industry. In a
      280 words
    • Article
      Lock icon Mahathir slams local media for biased coverage of party polls
      337 3 Run-up to the Umno polls Reuter KUALA LUMPUR Prime Minister Datuk Sen Dr Mahathir Mohamad, a harsh critic of foreign media reporting on Malaysia, yesterday savaged local newspapers for their biased coverage of political infighting in his ruling party. "Slant...that
      Reuter  -  337 words
    • Article
      Lock icon Ghafar willing to meet state and youth delegations for talks on polls
      273 3 Bernama KUALA LUMPUR Deputy Prime Minister Ghafar Baba is willing to receive delegations from Umno Youth, Selangor Umno and Melaka Umno regarding the contest for the post of deputy president in the party elections in November. In the
      Bernama  -  273 words
    • Article
      Lock icon Japanese group eyes Clark Airbase for massive US$670m investment
      269 3 AFP MANILA The Miyakoshi Group of Japan is proposing to invest at least US$67O million (S$ 1.08 billion) in the former US Clark Airbase, in the Philippines to set up an aviation complex, a bullet train system and race course, a
      AFP  -  269 words
    • Article
      Lock icon World Bank wants China to carry out reforms immediately
      496 4 Knight-Ridder WASHINGTON China must implement immediate fiscal and monetary measures including raising interest rates, slowing credit growth and widening the tax base or the economy will overheat and result in runaway inflation, the World Bank said. However, the report, released yesterday,
      Knight-Ridder  -  496 words
    • Article
      Lock icon Li Peng makes public appearance, says health is good
      396 4 Reuter BEIJING China's ailing Premier Li Peng made his first public appearance in almost two months yesterday, saying his health is fine and he is back at work after a summer spent recuperating from a heart condition. At a welcoming ceremony
      Reuter  -  396 words
    • Article
      Lock icon China warns Thailand not to meddle in Cambodia
      112 4 AFP BEIJING Chinese Premier Li Peng yesterday appeared to warn Thailand against interfering in the internal affairs of Cambodia. Mr Li told Thai Prime Minister Chuan Leekpai during a meeting here that "no outside forces should interfere in the internal affairs of
      AFP  -  112 words
    • Article
      Lock icon Former S Korean presidents deny corruption charges
      332 4 Reuter SEOUL Two former South Korean presidents accused of corruption yesterday denied their involvement in graft during their terms in office. Roh Tae Woo, who stepped down in February at the end of his five-year term, refused a request by the nation's anticorruption
      Reuter  -  332 words
    • ASIA NOTES
      • Article
        Lock icon Seoul calls for regional security talks
        69 4 AP SEOUL South Korea yesterday proposed that countries in Asia and the Pacific region need multilateral security talks on arms control and to resolve possible regional conflicts. Foreign Minister Han Sung Joo told an international conference on security issues that North-east Asia will be
        AP  -  69 words
      • Article, Illustration
        Lock icon A pig reward
        53 4 AFP PHNOM PENH Military policemen from the United Nations Transitional Authority in Cambodia restraining four pigs yesterday during a graduation ceremony for Cambodian military policemen trained by Untac policemen near here. The pigs, worth US$l3O (Ss2oB) each, were awarded to the top four policemen in the class
        AFP  -  53 words
      • Article
        Lock icon N Korean coup bid report false: envoy
        53 4 Reuter BANGKOK Pyongyang's ambassador to Thailand said reports that 18 senior military officers were executed in North Korea after attempting a coup are false and that the country's leaders are in full control. "I completely deny this rumour," Li Do Sop said on
        Reuter  -  53 words
    • Article
      Lock icon Japan's employment outlook grim, but inflation under control
      549 5 Reuter TOKYO Japan will hear some more bad news today when the government is expected to reveal a gloomy joblessness picture in its monthly statistics. But the nation's inflation data, due out on the same day, may not augur so ill for
      Reuter  -  549 words
    • Article
      Lock icon Fresh factional quarrel erupts in India's ruling party
      396 5 AFP NEW DELHI A heated factional quarrel has erupted in India's ruling Congress (I) party, with followers of Prime Minister PV Narasimha Rao launching an offensive against his principal rival. The quarrel, which has revived simmering dissidence in the party, comes ahead
      AFP  -  396 words
    • Article, Illustration
      Lock icon Hosokawa fends off charges of ineptitude
      442 5 Reuter TOKYO Prime Minister Morihiro Hosokawa, coming under assault in parliament yesterday, had to defend his fledgling coalition government against scornful chafes of ineptitude and incapacity to rule. Mr Hosokawa's multi-party cabinet has been caught in a policy tug-of-war since its Aug 9 inauguration,
      Reuter  -  442 words
    • Article
      Lock icon Dawkins stands by tax cuts for the middle income
      172 5 Reuter CANBERRA Australian Treasurer John Dawkins has defended his plan to cut taxes for middle-income earners, saying the government's budget strategy for the year to June 1994 had intended to benefit those people. "There are a lot of people on A
      Reuter  -  172 words
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      145 3 Bottom Lime: An Umno contest not according to fi iHI■ DA MI, SCTipi, DICII rftgf I K E :y I <M K 'II 1 I K 3 1 11 IK m Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as
      145 words
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      722 4 I EXCLUSIVE BENEFITS. UNIQUELY THAI. details you'll enjoy special attention to any seating and X" A Si Royal Orchid Plus is everything you would expect meal preferences whenever you fly with Thai. On the A/ f A from a frequent flyer programme, and more. Created ground, you'll receive regular statements
      722 words
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      Page 4 Advertisements Column 2
      51 4 MANAGING DIRECTOR OF ESTABLISHED FINANCIAL COMPANY OF BOMBAY INVITES PROPOSALS FROM WELL-KNOWN COMPANIES/ BANKS/ BUSINESSMEN TO OPEN DELUXE HOTEL/ HOSPITAL/ BANK/ FINANCE CO. REPRESENTATIVE OFFICE IN BOMBAY/ SINGAPORE CONTACT FAX BOMBAY BASANTANI646 3554 OR PHONE 646 2306/ 648 1355/646 3554/649 9223 OR WRITE 6 PUSHP SHELTER 10TH ROAD KHARfW) BOMBAY
      51 words
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      Page 5 Advertisements Column 1
      429 5 We think we're the best laser printer for $999. (So who are you going to believe, us or them?) Us Them Print speed of 6 ppm, not 4 ppm "For starters, the EPL-5000 is fast." v; "Despite its diminutive stature, it's rated for a burly, wHBP 11,000-sheet duty cycle." i
      429 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Jakarta seeking new directions in politics
      813 6  -  Changes in Indonesia From Maggie Ford in JAKARTA WHEN President Suharto announced in his Independence Day speech last week that the time had come to accept conflicts in society as legitimate, and to seek democratic and constitutional ways to solve them, many people in
      813 words
    • Article, Illustration
      Lock icon Govt taking concrete action against child labour
      870 6 Reuter TANGERANG, Indonesia Hordes of laughing schoolchildren wend their way home through the evening rush hour traffic, their blue and white uniforms pristine despite the choking dust. These are the lucky offspring of fast-developing Indonesia. A few streets away another group of youngsters
      Reuter  -  870 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      48 6 The Legend "Live" in Singapore long last! Two blow-out nights HRf at the SLF Auditorium, Thomson Road at B.oopm, on October 993. and $40 now at Rock Cafe, #02-01. Mj 50 Cuscaden Road. For enquiries/reservations call 235 or 4895. Official Hotel: Concorde Hotel Singapore A Lushington Entertainments Event
      48 words
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      Page 6 Advertisements Column 2
      114 6 Before you take your first step, we take 250. SINCE 1873, Church Company has to elegant Available at Isetan Orchard, Isetan been producing classic English shoes. city shoes Scotts, Robinsons, Sogo and Cinderella. Some2sostagesgointothemakingof and relaxing "Wjs For your copy of our latest brochure, a pair as they are handed
      114 words
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  • THE WORLD
    • Article
      Lock icon Bundesbank leaves key interest rates unchanged
      473 7 Reuter FRANKFURT Germany's Bundesbank once again demonstrated its cherished independence yesterday and left key interest rates unchanged despite strong financial market speculation it would relax its tight monetary policy. Meeting for the first time since its decision not to deliver a rate cut in
      Reuter  -  473 words
    • Article, Illustration
      Lock icon Attack of the killer tomatoes in Spain?
      49 7 Reuter BUNOL, Spain People hnrling tomatoes at each other in the streets of the eastern Spanish village of Bnnol during their traditional Tomatina" on Tuesday. Thousands of revellers pelted each other with 130 tonnes of ripe tomatoes during the annual festival. Renter
      Reuter  -  49 words
    • Article
      Lock icon UN bankrupt, can't pay for extra peacekeepers
      289 7 AFP UNITED NATIONS The United Nations is bankrupt and unable to pay for the extra manpower in Bosnia-Hercego-vina requested by UN mediator Thorvald Stoltenberg, a senior UN official said. Mr Stoltenberg asked Secretary General Boutros BoutrosGhali earlier this week to raise an extra
      AFP  -  289 words
    • Article
      Lock icon Nigerian leader steps down, businessman takes over
      450 7 AFP ABUJA, Nigeria Nigerian military leader Ibrahim Babangida stepped down yesterday after eight years in power and his successor as head of state was named as Ernest Shonekan, a businessman. Mr Shonekan will also be interim prime minister, a member of the Transitional
      AFP  -  450 words
    • Article
      Lock icon Saudi Arabia may need spending cuts to ease economic woes
      445 7 Reuter DUBAI Saudi Arabia's mounting budget deficit and shrinking financial reserves mean the kingdom may have to make tough spending cuts, but its vast oil reserves will cushion the pain, diplomats and economists said. They said series of reports this
      Reuter  -  445 words
    • Article
      Lock icon Poland seeks Nato membership after Yeltsin's blessing
      273 7 Reuter WARSAW Poland called on Nato on Wednesday to speed up its acceptance of new members after Russian President Boris Yeltsin said Moscow would raise no objection to Warsaw's joining. "The North Atlantic Treaty Alliance must open up to new members, which it
      Reuter  -  273 words
    • Article
      Lock icon Germany plans revamp of corporate tax system
      248 7 Reuter BONN The German government plans a further reform of the corporate tax system to help remove competitive disadvantages compared with other countries, according to a draft government report. The 96-page report on "Securing Germany's future as an economic location", a copy of
      Reuter  -  248 words
    • Article
      Lock icon Guerillas attack Israel's allies in Lebanon
      287 7 Reuter MARJAYOUN, Lebanon Guerillas attacked Israel's militia allies in south Lebanon yesterday, drawing retaliatory fire a day after three civilians and a militiaman were wounded. Security sources said guerillas lobbed mortar bombs and anti-tank rockets at an Israelibacked South Lebanon Army (SLA) post on
      Reuter  -  287 words
    • WORLD WATCH
      • Article
        Lock icon Radical Sheik's followers threaten US
        120 7 AP CAIRO, Egypt Egyptian followers of radical Sheik Omar Abdel-Rahman, charged with ordering terrorist acts in the United States, threatened yesterday to hit American targets. The threat came in a statement from three main Egyptian radical groups read to a reporter in the southern town
        AP  -  120 words
      • Article, Illustration
        Lock icon Catching up on a good book
        48 7 Reuter BELET HUEN, Somalia A soldier reading a book as the sun'/ goes down in the German camp in Belet Huen. He is one of some 1,700 troops in the Somalian town of Belet Huen to" support command and humanitarian help. Reuter
        Reuter  -  48 words
      • Article
        Lock icon PLO holds emergency meeting
        74 7 Reuter TUNIS Top PLO officials were expected in Tunis late jesterday for an emergency meeting on the PLO's financial crisis and growing discontent with chairman Yasser Arafat's leadership, Palestinian sources said. Hakam Balawi, member of the Central j, Council of the PLO mainstream movement Fatah, said
        Reuter  -  74 words
      • Article
        Lock icon Antarctic ice key to world climate
        82 7 Reuter LONDON International scientists said they plan an ambitious project to drill deep beneath the frozen Antarctic to trace the world's climatic history. The scientists, meeting at the British Antarctic Survey headquarters in Oxford, said they wanted to drill into marine sediments that hold
        Reuter  -  82 words
    • Article
      Lock icon UK drug industry reluctantly accepts price cuts
      301 7 Reuter LONDON The Association of the British Pharmaceutical Industry said it reluctantly accepted a 2.5 per cent price cut on all pharmaceutical products sold to the National Health Service for three years from Oct 1. "The industry much regrets the imposition of the
      Reuter  -  301 words
    • Article, Illustration
      Lock icon Balladur plans personal tax cuts to boost spending
      575 8 Reuter PARIS Prime Minister Edouard Balladur promised on Wednesday to cut personal income taxes, opening a new front in France's fight against record unemployment and economic recession. Mr Balladur told a news conference he planned to reduce income taxes by about 17
      Reuter  -  575 words
    • Article
      Lock icon Russia to discuss budget plans as IMF looks on
      373 8 Reuter MOSCOW Russia's parliament again debates the country's crucial budget this week while a team from the International Monetary Fund assessing Moscow's financial state looks on. The size of the budget deficit is likely to influence whether Russia receives additional help
      Reuter  -  373 words
    • Article, Illustration
      Lock icon No relief in sight
      58 8 Reuter BOSNIA A Croat woman trying to stop a Spanish UN vehicle on Wednesday which was on its way to bring humanitarian aid to Mostar. The truck relief column pulled into the Croat held central sector of Mostar alter being blocked for hours mi access roads
      Reuter  -  58 words
    • Article
      Lock icon Nordic opposition to EC membership grows as talks proceed
      491 8 Reuter OSLO Nordic governments are pushing ahead with talks to join the European Community (EC) but their voters are increasingly cool, fearing loss of sovereignty to an EC hit by malaise over its plans for European union. Negotiations between the EC
      Reuter  -  491 words
    • Article
      Lock icon Russia likely to strike deals with US despite Baltic dispute
      283 8 Reuter WASHINGTON Russia expects to strike several cooperative economic pacts with the United States next week despite their differences over the pull-out of Russian troops from the Baltics, a Russian official said on Wednesday. "We would not like this question,
      Reuter  -  283 words
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      97 7 New Zealand ASIA '93 Raine Home, one of Asia and Australia's largest real estate networks, gives you the opportunity to view some of the best investment properties in Australia and New Zealand two very active markets with impressive growth potential. The properties embrace a number of key sectors including retail,
      97 words
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      47 8 V Ti m. v jfl f You can tell l>v their skirts --w p- *jfl| wEMmk wl« -mm k When comes to excellence ■jjß] has become the CYC Tailor made for those who have it made. Custom ROAD OHM TFI 7101 32* ROAI) 07IX TEL 336 3SS6
      47 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Hotel Props posts 180 pc jump in half-year earnings
      381 9  -  By Quak Hiang Whai SINGAPORE Hotel Properties Ltd yesterday announced a 180 per cent jump in half-year earnings to $27.67 million and a rights issue of loan stocks with warrants to raise about $155 million. The hotel and property group said
      Source: Bridge Info  -  381 words
    • Article, Illustration
      SBS' profit up 35pc at half-time
      313 9 SINGAPORE Singapore Bus Service made less money from its bus, taxi and advertising operations in the first six months of this year, despite slightly higher turnover. But interim group net earnings rose 35 per cent to $37.7 million. This works out to earnings of
      313 words
    • Article
      Salomon Brothers expanding S'pore operations to include equities
      462 9  -  By Agnes Chen SINGAPORE United States investment bank Salomon Brothers is expanding its Singapore operations to include local and regional equities coverage and offshore corporate finance work. An equities sales, trading and research team will be in place by the end of
      462 words
    • Article
      ALR's shares unlikely to pick up soon unless it can improve its positioning
      736 9  -  HOCK LOCK SIEW By Joseph Rajendran SINGAPORE The shares of Advanced Logic Research (ALR) have stagnated at rock bottom levels of US$3 on Nasdaq for some time. And they are unlikely to pick up in the near
      736 words
    • Article, Illustration
      Lock icon Intraco proposes 1-for-4 bonus; interim results nearly double
      348 9  -  By William Chia SINGAPORE Govern-ment-linked trading company Intraco Ltd yesterday announced that its group interim net earnings almost doubled to $5.61 million for the six months ended June 30. And to commemorate its 25th anniversary this year, the company also proposed a
      Source: Bridge Info  -  348 words
    • Article
      Liang Court and STIC in tie-up to build Yangon hotel
      325 9 SINGAPORE Liang Court Holdings and Singapore Technologies Industrial Corporation have teamed up for a second project a $32 million businessman's hotel in Yangon, Myanmar. The 25 5-room building will be prefabricated in Singapore and transported Yangon for erection. Work will
      325 words
    • Article, Illustration
      Lock icon SUMMARY
      287 9 Source: Bridge Info PtrftnuM* «f STII's Ma stocks Aug 26 UM SMM Mn Stack life Char hcMMitn <$) (I) A vim 2.0)0 0 030 1.44 1.24 CAT 7.700 0.3)0 42 14 )2 Ccrctm 6.100 0.200 4.29 130 FAN 1)000 0 )00 10 )6 20.75 GF Am 2 *90 -0
      Source: Bridge Info  -  287 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon YHS (M'sia) earnings up slightly
          89 10 Bernama KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd (YHS) yesterday reported a group after-tax profit of M 57.91 million (Sss million) for the six months ended June 30, up slightly from MJ7.79 million in the previous corresponding period. Earnings per share edged up to 9.4
          Bernama  -  89 words
        • Article
          Lock icon TA Enterprise announces 5 acquisitions
          71 10 Bernama KUALA LUMPUR TA Enterprise Bhd yesterday announced the acquisition of shares in five unquoted private limited companies by its wholly-owned subsidiary, TA Properties Sdn Bhd (TAP). In a statement to the Kuala Lumpur Stock Exchange here, it said the five unquoted companies were Sharp
          Bernama  -  71 words
        • Article
          Corrections and Clarifications
          42 10 In yesterday's report on Tibs' private placement, we said the shares were issued at a 20 per cent discount. The placement agent DBS Bank has clarified that the discount should be 20 cents. We are sorry for the error.
          42 words
      • Article
        Lock icon Feuding Philippine bourses move closer to unity
        185 10 AP MANILA The Philippines' two feuding stock exchanges moved closer to unification after President Fidel Ramos' office brokered an agreement between the two. Members of the Makati Stock Exchange and the Manila Stock Exchange agreed last March to join through a computer network.
        AP  -  185 words
      • Article
        Untitled
        734 10 Payment Ex Books Pay date close date Alex Hldgs SO* b 6 Aug 31 Sep 6 Sep 28 Asia Pac Ld 50* b 2TE Jul 26 Aug 10 Sep 8 BAT 21* 1 61.9 Aug 23 Aug 27 Sep 7 Bolton b 5 Sep 6 Sep 20 Sep 28 CDL
        734 words
      • Article
        K Emas to defer proposed acquisition of timber firm
        550 10  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Kumpulan Emas, a once-lacklustre palm oil miller, believed it struck gold recently when it agreed to acquire a lucrative timber concession in the Solomon Islands. But politics is beginning to chip away at investor
        550 words
      • Article, Illustration
        Lock icon Shunned Indon market turns out to be best performer, China worst
        469 10  -  By Magdalene Ng SINGAPORE The Indonesian stock market, which fund managers have shunned for the past two years, has turned out to be the region's best performer so far this year. And China, where foreign investors have been flocking
        Source: Bloomberg  -  469 words
      • Article
        Kepphil to go public with sale of 250 m shares
        438 10  -  From Al Labita in MANILA MANILA A ship-repairing subsidiary of Keppel Philippines Holdings, Inc (KPHI) plans to go public next month to raise funds for expansion. Up for grabs are some 250 million shares in Kepphil Shipyard, Inc. The shares
        438 words
      • Article
        Telecom's Philippine partner posts loss
        287 10 MANILA A Philippine phone company partly owned by Singapore Telecom has posted a 55 million peso (SS3.I million) loss for the second quarter, more than double the loss for the same period last year. Globe Telecom, which is 38 per cent owned by Telecom, said
        287 words
      • Article
        Astra may appoint ex-envoy as commissioner
        142 10 JAKARTA Indonesian automotive manufacturer PT Astra International Inc is likely to appoint the country's former ambassador to the US Abdul Rachman Ramly as its new chief commissioner, the Jakarta Post reported. Mr Ramly, who is also a former president of the stateowned oil company
        142 words
      • Article, Illustration
        Lock icon MAS takes steps to cut soaring costs, weather downturn
        430 10 Reuter KUALA LUMPUR Malaysian Airline System (MAS), which made a profit for the last financial year by selling aircraft, unveiled drastic measures yesterday to trim soaring costs and bridge the current market downturn. "The current year remains uncertain," MAS chairman Zain
        Reuter  -  430 words
      • Article
        PAL reaps benefits of privatisation, makes modest 2nd yr profit
        382 10  -  Frta Al Labita in MANILA MANILA Philippine Airlines notched up a modest profit for fiscal 1992-93, despite problems hounding the world airline industry. PAL president Carlos Dominguez said the flag carrier chalked up a one billion pesos (SSS7.6 million) net
        382 words
      • Article
        Untitled
        420 10 ■i m i' Print<$) Aug 27 hwmi fmd SfclgllMrt (Ml TlUll Income Bond Pokey 3-55 3.61 The Commerce 1.49 1.56 The Savings Fund 1.37 1.44 PniLink M«d Fund 122 1.29 S pore Prog Fund 0.63 0.66 y|»| S port See Fund 0 96 I Olxd S pore Invest Fund 1.12
        420 words
      • Article
        Swire Pac's profits down 17pc on poor results from Cathay
        521 11  -  Fran Catherine Ong in HONGKONG THE Swire Pacific group, hurt by sharply lower earnings from Cathay Pacific Airways but helped by Hongkong's strong property market, saw group first-half earnings drop 17 per cent. The aviation, real-estate, trading and industrial conglomerate
        521 words
      • Article
        Lock icon HK Shanghai Hotels9 profit up 12pc at half-time
        361 11 HK Shanghai Hotels 9 profit up 12pc at half-time Reuter HONGKONG Hongkong and Shanghai Hotels, renowned for its stately 1920s flagship the Peninsula Hotel, posted a respectable 12 per cent gain in interim profits yesterday, a day after former chairman Lord Kadoorie died. Lord Kadoorie died on Wednesday, aged 94,
        Reuter  -  361 words
      • Article
        Lock icon Analysts see no major changes at China light after Kadoorie
        453 11 Reuter HONGKONG The death of one of Hongkong's last original "taipans" is unlikely to spark a major change of direction at the power generating giant he dominated for more than half a century, analysts said yesterday. Lord Kadoorie, who died
        Reuter  -  453 words
      • COMPANY BRIEFS
        • Article
          Lock icon Taiwan broker applies to open HK unit
          103 11 Bloomberg Business News TAIPEI China Securities of Taiwan has applied to the Hongkong Securities and Futures Commission to open a subsidiary in Hongkong Increasing competition at home and rising overseas investments have spurred more investment in Hongkong this year by Taiwan securities firms,
          Bloomberg Business News  -  103 words
        • Article
          Lock icon Taiwan's CIS seen steady on listing
          115 11 Reuter TAIPEI CIS Technology Inc, one of Taiwan's major floppy disk makers, is expected to stay stable after it lists on the stock market today, analysts said. 4i CIS should remain steady around its listing level and then move in line with the market.
          Reuter  -  115 words
        • Article
          Lock icon BASF sales, profits down in most sectors
          106 11 Reuter LUDWIGSHAFEN, Germany BASF AG said that sales and profits declined in the first half in all of its sectors with the exception of its energy sector. The company said that oil and natural gas sales climbed 4.4 per cent from the 1992
          Reuter  -  106 words
      • Article
        Lock icon NEC slashes profit forecast by 40pc on weak domestic sales
        282 11 AFP TOKYO Japanese electronics giant NEC Corp slashed its parent company profit forecast for the year to March by 40 per A -S Was* L_Jh cent yesteraay out icti its wonowide earnings estimate unchanged, citing a better rlinmtr ■brond. Blaming
        AFP  -  282 words
      • Article
        Lock icon China's first securities law submitted to the Cabinet
        303 11 Bloomberg Business News HONGKONG China's first-ever securities regulations are one step closer to becoming law, the official China Daily reported. The draft law, which has been in the hands of academics and economists for more than a year, was submitted on Wednesday
        Bloomberg Business News  -  303 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon GRE interim profit leaps to £307 m
          108 12 AFP LONDON British insurance company Guardian Royal Exchange (GRE) said yesterday its profits rose from £8 million (S$ 19.1 million) in the first half of 1992 to £307 million in the first half of 1993. The results exceeded analysts' expectations of profits of
          AFP  -  108 words
        • Article
          Lock icon Krang Thai posts 138 pc earnings rise
          66 12 Knight-Ridder BANGKOK Krung Thai Bank yesterday announced a JanJun net profit of 2.602 billion baht (*****.8 million), up 138 per cent from 1.091 billion baht in Jan-Jun 1992, the Stock Exchange of Thailand said. Krung Thai Bank is a major bank and is
          Knight-Ridder  -  66 words
        • Article
          Lock icon Chase merges two global units
          91 12 Knight-Ridder NEW YORK The Chase Manhattan Bank, the flagship subsidiary of Chase Manhattan Corp, said yesterday it has merged its global cash management and global institutional banking businesses to form a new global payment and treasury services unit. The new unit will provide cash management,
          Knight-Ridder  -  91 words
        • Article
          Lock icon Kuwaiti bank gets Viet licence
          75 12 Reuter HANOI The National Bank of Kuwait has been granted a licence to open a representative office in Ho Chi Minh City, the state-owned Vietnam News reported. The bank was already active in financing petroleum exports from Kuwait to Vietnam and planned to increase its
          Reuter  -  75 words
        • Article
          Lock icon Leu Holding more than doubles profit
          89 12 Bloomberg Business News ZURICH Leu Holding AG, a Swiss banking group, said first-half net profit more than doubled as income from securites trading on its own behalf surged 84 per cent. Net profit surged to 92 million Swiss francs (5599.8 million), from 41 million
          Bloomberg Business News  -  89 words
        • Article
          Lock icon Co-ops' central bank gets A-1 rating
          106 12 AFP TOKYO Moody's Investors Services Inc yesterday assigned an A-l rating to Japan's National Federation of Credit Associations, the central bank for more than 400 financial cooperatives known locally as Zenshinren Bank. The first-time rating for Zenshinren's long-term deposits matches the ratings for Sakura
          AFP  -  106 words
      • Article
        Vietnam alarms foreign banks with latest tax increase
        354 12  -  By Harish Mehta SINGAPORE Vietnam has increased taxes on banks, sparking fear among foreign institutions that local profits and development will be hit. The State Tax Department in Ho Chi Minh City sent a circular to banks in Vietnam on Aug 18,
        354 words
      • Article
        Lock icon Singapore banks flush with ringgit, interbank rate falls
        457 12 MBT KUALA LUMPUR Singapore banks are so flush with ringgit that interbank rates for borrowings across the Causeway in the Malaysian currency have fallen to below one per cent. According to banking sources, many Singapore banks started stockpiling ringgit in early 1991
        MBT  -  457 words
      • Article
        Lock icon Analysts don't see UK big five issuing rights
        150 12 Reuter LONDON A rights issue by one of the big five UK composites is unlikely in the next few weeks, analysts said, dismissing market talk of an imminent insurance cash call. M 1 don't really see a rights issue. We've had the
        Reuter  -  150 words
      • Article, Illustration
        Lyonnais' Jim Walker resigns from broking world
        318 12  -  By Magdalene Ng SINGAPORE Jim Walker, the man responsible for securing for French bank Credit Lyonnais its international membership on the Singapore stock exchange, has resigned from the bank. Mr Walker, 43, told BT recently that he is leaving to take care of
        318 words
      • Article
        Lock icon NZ dollar hits two-year high, reflecting sound and improving economy
        316 12 Reuter WELUNGTON The New Zealand dollar was at new iiighs yesterday, reflecting a fundamentally sound and improving economy, analysts and dealers said. The Kiwi dollar, nicknamed after the flightless bird which is New Zealand's national symbol, flew to its highest
        Reuter  -  316 words
      • Article
        Lock icon Securities units of Japanese banks underwrite bonds
        300 12 Knight-Ridder TOKYO The gradual lowering of the firewall separating banking and securities businesses in Japan was highlighted yesterday as two newly-estab-lished securities subsidiaries participated in their first corporate bond underwriting. IBJ Securities Co Ltd, a unit of The Industrial Bank of Japan, and
        Knight-Ridder  -  300 words
      • Article, Illustration
        Citibank's card business taking off after tie-up with airlines
        221 12  -  By Juliette Walker SINGAPORE Citibank's exclusive partnership with Asian Frequent Flyer's Passages programme looks set to further inflate business for the credit card giant's Visa/MasterCard operations. Jeannine Farhi, vice-presi-dent and country manager for Citibank Global Consumer Banking here, said yesterday that
        221 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US offshore rigs returning to Gulf of Mexico in droves
        404 13 Drilling activity reaches highest level in 27 months Reuter HOUSTON The Gulf of Mexico, long suffering from a drought in oil and natural gas exploration, is surging with activity as US rigs return home from overseas projects in search of
        Reuter  -  404 words
      • Article
        Prices lower as Nigerian ruler resigns
        311 13 fllw m ■Mhaarf tuoomoerg ENERGY REPORT LONDON Crude oil prices were lower yesterday as General Ibriham Babangida resigned as Nigeria's ruler, potentially avoiding a nationwide strike, traders said. An interim, largely civilian, government headed by Chief Ernest Shonckan took office yesterday, and new elections
        311 words
      • Article
        Lock icon Indonesia ready to quit Inro
        146 13 AFP JAKARTA Indonesia is preparing to quit the International Natural Rubber Organisation (Inro), saying it was not functioning effectively, news reports said. "The organisation does not seem to function at its full capacity. When prices fell to their lowest level, the buffer stock manager could
        AFP  -  146 words
      • Article
        Lock icon China pursuing reforms to pull oil firms out of the red
        330 13 Platts TOKYO Wang Tao, head of state-owned China National Petroleum Corp (CNPC), recently announced a package of domestic reforms designed to pull the country's moribund oil producing enterprises out of the red. Further downstream, staterefiner Sinopec and govern-ment-owned chemical
        Platts  -  330 words
      • Article
        Lock icon Strong Brazilian mid-crop seen reducing pod counters
        267 13 KnightRidder SAO PAULO Pod counters reported disappointing volumes on trees stressed by a stronger-than-expected midcrop, reinforcing trade perceptions the 1993-94 (OctoberApril) Bahia main crop may be smaller than last year's. The pod counters at the Cocoa Planning Executive Committee (CEPLAC), a federal research
        Knight- Ridder  -  267 words
      • Article, Illustration
        Lock icon Another barrel, please
        54 13 Reuter NIGERIA Buying petrol from black market dealers has become commonplace for motorists in Nigeria. This sale above is taking place in Magi village, 500 km north of Lagos. Nigeria produces over 300,000 barrels of erode oil, some of which are smuggled to the neighbouring countries by
        Reuter  -  54 words
      • Article
        Lock icon Malaysian cocoa output likely to drop by up to 15pc
        230 13 Knight-Ridder KUALA LUMPUR Malaysian cocoa output this year should total between 170,000 and 180,000 tonnes, down 10 to 15 per cent from 1992's 200,000, according to a senior industry official. The official blamed the expected fall in output on fanners'
        Knight-Ridder  -  230 words
      • Article
        Lock icon Aussie miner Renison reports higher net loss
        312 13 Knight-Rid-der SYDNEY Australian miner Renison Goldfields today said its net operating loss rose to A 524.4 million (Ss26 million) in the year to June 30. The company said the result, up from a loss of Aslo.l million a year earlier, was due to
        Knight-Ridder  -  312 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        136 13 THE sale of yen continued in the currencies market yesterday and the BOJ was again intermittently buying US$. The US$/S$ market proved very thick yesterday and a very tight range prevailed. Local banks purchased US$ from early morning but commercial sales of USS from offshore
        136 words
      • Article
        Lock icon London
        199 13 UPI THE dollar was lower at the close of trading on foreign exchange markets yesterday after disappointing weekly jobless figures. In European trading, the mark pushed ahead after the Bundesbank left official interest rates unchanged at yesterday's first post-recess council meeting. The decision surprised many economists who had forecast
        UPI  -  199 words
      • Article, Illustration
        Untitled
        1515 13 I ratie-»nfhlrJ index ink-uialcd again\l Sporn lop 14 trading partnm Bait year 198} US$/S$ forward rates Noon Aug 26 a WU CMfcr 1-month ***** 1.6093 2-month 1.6076 1 6041 V month 1.6075 I609» 6-month ***** 1.60(2 Sower OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at Itai m Aag 2i
        1,515 words
      • Article
        Lock icon New York
        85 13 AFP THE dollar fell against the other major currencies yesterday in New York in response to the Bundesbank decision to leave key German interest rates unchanged. Gold fell US$5.5O from Wednesday's close to US$367 an ounce. At 1700 GMT the dollar was trading at 1.6670 marks, down from
        AFP  -  85 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Simex interest rate futures end steady
        1499 14 SIMEX REPORT Reuter SINGAPORE Interest rate futures contracts on Simex ended barely changed in thin trade as the lack of fresh incentives kept dealers sidelined. December Eurodollars ended at 96.47, its close on the IMM previously. Some 12,765 lots were traded. Dealers said the
        Reuter  -  1,499 words
      • Article
        Tin at all-time low of M$12.03
        663 14 COMMODITY REPORTS Tin TIN price on the Kuala Lumpur Tin Market (KLTM) yesterday plunged to its new all-time low of MS 12.03 per kg. down 17 sen on lack of buying interest. Sellers were afraid to hold on to their stocks for fear that
        663 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          No deal yet on Oct-Dec corn shipment
          107 14 TOKYO Japanese trade houses and Ceroilfoods officials have still not reached agreement on OctDec com shipments as the Chinese sellers continue to visit trading companies yesterday. Traders said China's basis offer for Oct-Dec shipment com remains at 44 US cents (70.8 S'pore cents)
          107 words
        • Article
          Manila wants to replace oil wells
          76 14 MANILA The Philippines' Energy Department would prefer new wells to be drilled in the West Linapacan oil field if no repair programme for the existing water-affected wells is in place by December, energy technical director Girselda Bausa said yesterday. Production at West Linapacan has
          76 words
        • Article
          Drought takes toll on Thai crops
          89 14 BANGKOK Severe drought damaged com and delayed rice planting in July as it persisted in parts of northern and north-eastern Thailand and spread to central regions and the south, the Thai Meteorological Department said. But dry weather eased in parts of the north-east, said
          89 words
        • Article
          Japan oil stocks at 85.96 m kilolitres
          92 14 TOKYO Japan's oil inventories totalled 85.% million kilolitres at the end of July, up from 84.44 million at the end of June, the Ministry of International Trade and Industry said yesterday. Miti said total end-July inventories were equivalent to 149 days of consumption,
          92 words
    • Article
      COMMODITY PRICES
      1607 14 Rubber HAS Cweewdhy Exchangt (futures cM*| at at lpai) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 93 OOO 000 134 00 0 525 Oct 134.00 133.50 134.00 925 3.975 Nov 134.50 133.50 134.00 900 5.375 Dec 134.25 133.25 134.25 1750
      1,607 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1049 15 18.9 STOCKS surged to another sixyear high, with News Corp and Broken Hill Proprietary hitting record prices. The All Ordinaries Index closed up 18.9 points at 1,941.5. The All Resources gained 11 to close at 1.151.1, and the All Industrials surged 29.2 to 2,977.2. News Corp was the largest
        1,049 words
      • Article
        Taipei
        582 15 +7.98 Stocks wavered narrowly and ended slightly up in slow trade as most players remained sidelined. waiting for fresh news. The Weighted Index rose above 4,000 points at one stage in a technical rebound from seven consecutive days of falls, but it ended only 7.98 points up at 3,984.67.
        582 words
      • Article
        Seoul
        447 15 -9.36 Stocks closed lower with losses across the board for the fourth consecutive day. Investors were sidelined in the expectation the market would sag further. The index closed 9.36 points down at 695.74. Brokers said the index would likely hover below the 700 level this week and then fall
        447 words
      • Article
        Manila
        576 15 -8.60 Share prices closed lower due to continued profit-taking, mostly on blue chip issues, and slower flow of funds into the market. The Manila Composite Index ended 8.60 points down at 1,769.17. Makati plunged 14.42 points to 1,811.63. "Based on technical readings, profit-taking is really due to occur," said
        576 words
      • Article
        New Zealand
        351 15 +9.51 Shares ended firm, due mostly to stronger forestry stocks but also to steadiness in Telecom's share price. Overall, the market was mixed with rises matching falls one for one. The NZSE-40 Capital Index ended 9.51 points higher at 1,993.58 on turnover worth NZ$53 million. One dealer said
        351 words
      • Article
        Bombay
        50 15 -1.25 Market leaders rose while most other shares fell marginally at close under selling pressure from speculators and Indian financial institutions. After early gains, the BSE 30-share Index closed at 2,678.48, down 1.25 points from the previous close, brokers said. The 100-share National Index closed 4.78 lower at 1,252.13.
        50 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        796 15 Britannia Funds Sterling C ash Bid Oder Mini ap Deposit J* MOO 1*6500 Mim Jencv Gril OIWJ 0 1992 Mim Max Income I 0400 I 0*00 LSS C asta Income PIih Fund *104*00 *11 0400 PS i Re*rve Fund 5 2100 5 2200 Sterling h^uit> Euro PrrformiiKT 0.45*2 0 4931
        796 words
      • Article
        London
        647 15 •0.9 THE FTSE 100 index turned round an early 20 point loss to finish almost level with Wednesday's record high close of 3,079.2, as heavy US buying wiped out disappointment at the Bundesbank's decision not to cut German rates. The FTSE 100 hit a low for the day of
        647 words
      • Article
        Paris
        145 15 4*35.91 Buying for the September account and hopes of an interest rate cut at the Bundesbank council meeting pushed French shares sharply higher. Brokers said prices should rise again today ahead of the meeting, with the market anticipating a 1/4 point cut in the German central bank's leading interest-rates.
        145 words
      • Article
        Frankfurt
        175 15 -16.63 German shares ended nearly one per cent lower as market hopes of lower interest rates faded. Traders said recent optimism that the Bundesbank would cut its key rates had been dashed. The policy-making central council was still meeting when the bourse closed. The DAX Index ended down 16.63
        175 words
      • Article
        Zurich
        248 15 -7.87 Swiss shares moved lower on profit taking and some futures-related selling ahead of the end of the Bundesbank council meeting, dealers said. Virtually all blue chips traded below earlier highs and were also below their closing levels of yesterday. ÜBS bearers, three lower at 1,190, topped the active
        248 words
      • Article
        Brussels
        147 15 •0.36 Belgian shares ended flat amid uncertainty about the outcome of the Bundesbank councii meeting and a debate on the franc's link to the mark. Concern about monetary policy, despite the central bank's vigorous defence of the franc-mark link, was one factor keeping investors on the sidelines. The Bel-20
        147 words
      • Article
        Toronto
        287 15 -22.17 Toronto stocks fell in morning trade as the market experienced some profittaking after surging past the record close on Wednesday. "I expect the profit-tak-ing will continue today, but its nothing to be concerned about," one trader said. "A lot of people have been holding onto stocks since 1987
        287 words
      • Article
        New York
        722 15 -5.00 Wall Street stocks continued to trade lower in the late morning as the high technologies sector took a beating and major cyclical stocks retreated. The Dow was down five at 3.647 while declines led advancing issues by 10 to six. US Treasuries were steady at higher levels,
        722 words
      • Article
        Milan
        155 15 1.13pc Blue chips gained across the board with investors undeterred by the failure of the Bundesbank to cut interest rates. Prices dipped on the news then quickly bounced. "The way the market recovered attracted a new flurry of buying," said an analyst. He added that the Comit Index had
        155 words
      • Article
        Amsterdam
        232 15 -3.04 Dutch shares closed lower, hit by dollar weakness which was the result of the Bundesbank's decision to leave interest rates unchanged. But dealers said trading had been quiet and that prices seemed steady at current levels. The EOE Index finished down 3.04 points at 355.43. Amsterdam Kam 26
        232 words
      • Article
        Johannesburg
        481 15 -1 After drifting for most of the day in thin, directionless trade. South African shares closed mixed to flat on the Johannesburg Stock Exchange. with heavyweight De Beers among few notable gains. "Interest has shifted from a dead-quiet gold market to industrials, where there is a solid undertone." a
        481 words
    • Article, Illustration
      Lock icon HONGKONG
      2883 16 Reuter DEMAND FOR blue chips after four days of losses sent share prices to a sharply higher close with the main index up 2.53 per cent to cross the 7,400 level, brokers said. The blue chip Hang Seng Index climbed 183.50 points to end at 7,449.08 after sliding some
      Reuter; Source: Bridge Info  -  2,883 words
    • Article, Illustration
      CHINA
      517 16 BOTH the domestic and foreign markets in Shanghai closed lower yesterday. According to local officials, investors were cashing up in order to buy Tsingtao Brewery's A shares which will be listed in Shanghai today. The company's H shares closed up 10.9 per cent in Hongkong yesterday. The CLSA Shanghai
      517 words
    • Article, Illustration
      Lock icon TOKYO
      2552 16 Reuter STOCKS ended moderately firmer on late index-linked buying. Trading was slow with investors reluctant to buy on the last trading day for deliveiy within Au?,ust, brokers said. Potential unds were also heading towards newly listing shares rather than the existing market. "Sentiment is supported by underlying hopes of
      Reuter; Source: Bridge Info  -  2,552 words
    • Article, Illustration
      Lock icon BANGKOK
      1772 16 Reuter STOCKS closed over the 960 level on active buying of banks as the climate started to shift from the very speculative towards the fundamental. The SET Index was up 9.44 points to 961.77, with about eight billion baht shares traded. Gains led losses 179 to 72. with 72
      Reuter; Source: Bridge Info  -  1,772 words
    • Article, Illustration
      Lock icon JAKARTA
      1012 16 Reuter SHARE prices rose to close at what brokers estimated to be a new high, fuelled by an unusual jump in Astra International. The Official Index closed 7.07 points higher at 405.56 to a new high. Astra International led the rise, jumping 1.500 rupiah to 17.500 on moderate volume.
      Reuter; Source: Bridge Info  -  1,012 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2413 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE ¥dum» Promet 32.209.000 Bedford 50c U.175.000 AMDS 50c 6.019.000 kamunling 50c 5.992.000 Amal SieeT 50c 5.321.000 Mulpha Intl 50c 4.117.000 Landmarks Bhd 4.026.000 Idm Hyd 50c 3.675.000 MU1 3.620.000 Faber Group 3,555.000 FACB 50c 3.418.000 Si me Darb> 50c 2.675.000
      Source: Bridge Info  -  2,413 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index closes at an all-time high
        5238 17 Bernama SHARE prices in Kuala Lumpur closed higher as hefty gains on some index-linked issues drove the benchmark Composite Index to close at an all-time high. The 85-stock CI ended at 811.78, 6.06 points above Wednesday's close, and bettering last Friday's closing record of
        Bernama; Source: Bridge Info  -  5,238 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index ends at 2,010 on late buying surge
        7286 18  -  By R Sivanithy SINGAPORE Continued institutional buying of blue chips yesterday pushed the Straits Times Industrials Index (STII) to yet another record level, this time passing the psychological 2,000-point mark. A late buying surge during the last minute of trading led to
        Source: Bridge Info  -  7,286 words
      • Article, Illustration
        Lock icon First Allied Corp
        73 18  -  HOTgTQCW Paul Leo FIRST Allied Corp will slip towards 80 cents in the next few days. A daily RSI at 75 indicates an overbought condition. The weekly chart shows the stock is trading within a downward channel formed, since its recent high of $1.59 in April- A
        SOURCE: BRIDGE INFO  -  73 words
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      176 words
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      64 10 FOR SALE QUALITY HOTEL ADELAIDE 62 Brougham Place, North Adelaide, Sooth Australia This landmark property is one of Adelaide's most recognised hotels comprising 140 rooms plus expansive entertainment and function facilities. Brilliant location overlooking the parklands to the city. To be offered on W.1.W.0. basis plus stock. Tenders close Friday
      64 words
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      896 11 FW Compagnie Financiere de Paribas 0 H Ha«d Office: Banque Paribas, rue d'Antin ***** Paris, Franca m Singapore Branch: 16 Raffles Quay #»01, Hong Leong Building, Singapore 0104. lei: *****00 Exchange rate at December 31. 1992: USDI FRF 5.51 Consolidated Balance Sheet (In millions, at December 31) 1992 1992 1991
      896 words
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      115 12 PROPERTY' 93 There is a mad scramble to buy residential property. Investors want to buy ahead of what they believe would be further price increases, and speculators are out to take advantage of that. But how long will the current rally in the market continue? To answer this and many
      115 words
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      Page 12 Advertisements Column 2
      91 12 PERTH BRAND NEW BUNGALOW HOUSES ON FREEHOLD LAND Zlr From A5T39,500(*****,000) im Four bedrooms/two bathrooms, separate living/dining rooms, family room, etc Land approx, 7500 sq. ft Freehold Close to schools, shopping, beaches, amenities, etc All houses with curtains, carpets, Rght fittings garden landscape, lawn, reticulation and many more features. All
      91 words
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      83 14 Sales a Marketing Manager Regional Training Consultant Operations Scheduler > Administration Manager Industrial Engineers Naval Architects Business Manager Management Accountant Senior Process Engineer Plastics Specialists Personnel Officer Airport Services Manager Censors Information Officer Reporter Archives B Oral History Officers Management Trainees Chartist > Spot Dealer Researcher, Business «l Finance Senior
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      34 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Make new business contacts through classification 203 in The Straits Times Classified, cjlt.*. 1737-11*41
      34 words
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  • SPORTS
    • Article, Illustration
      Lock icon Azinger heads field of 41 tournament winners
      444 19 Golf AFP AKRON, Ohio Paul Azinger laments the fact that he often misses the cut after a strong performance. He won't have that problem this week. Azinger, the winner of the PGA Championship two weeks ago, headed a field of 41 1993 tournament
      AFP  -  444 words
    • Article, Illustration
      Lock icon Seles still cannot swing her racket
      618 19 Injured star vows to get back in shape and looks forward to the challenge Reuter NEW YORK In a television interview, tennis star Monica Seles says she still can't swing a racket nearly four months after being stabbed by a spectator during a tournament,
      Reuter  -  618 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        71 19 Reuter NEW YORK American League Wednesday: Toronto 10 Cleveland 7; Detroit 7 Seattle 4; California 2 Baltimore 1; Milwaukee 12 Oakland 2; NY 7 Chicago 5; Minnesota 4 Kansas 2; Texas 10 Boston 2. National: Philadelphia 8 Colorado 5; Cincinnati 4 NY 1; San Diego 2 St Louis 1
        Reuter  -  71 words
      • Article, Illustration
        Lock icon Hockey
        173 19 AP AFP POZNAN, Poland Gabriel Minadeo scored a pair of goals to lead Argentina to a 3-2 Group B victory over France on Wednesday, making the South American nation the fourth country to qualify for next year's Intercontinental Cup men's championship. Argentina joins India, and Group A teams South
        AP; AFP  -  173 words
      • Article, Illustration
        Lock icon Soccer
        66 19 AFP TOKYO Under-17 world championships final preliminary matches Ihursday Group A: Ghana 4 Italy 0; Japan 2 Mexico I. Grp B: Nigeria 2 Australia 0; Argentina 5 Canada 0. Grp C: Czech/Slovakia 3 Colombia 1; US 5 Qatar I. Grp D: Poland 3 Chile 3; Tunisia 1 China 0.
        AFP  -  66 words
      • Article, Illustration
        Lock icon Squash
        53 19 Reuter HONG KONG Hongkong Open second-round Thursday: Glen Wilson (NZ) b 6-Tristan Nancarrow (Aust) 8-15 15-11 15-10 15-14; 2-Rodney Martin (Aust) b Danny Meddings (Eng) 15-13 15-4 15-11; Mir Zaman Gul (Pak) b Gamal El Amir (Egy) 15-10 15-13 17-14; Simon Parke (Eng) b 4-Pe-ter Marshall (Eng) 6-15 15-13
        Reuter  -  53 words
      • Article, Illustration
        Lock icon Tennis
        325 19 AFP Reuterr AFP NEW YORK Seedings for US Open championships, Aug 30-Sep 12 Men: 1 Jim Courier (US) 2 Pete Sampras (JS) 3 Stefan Edberg (Swe) 4 Boris Becker (Ger) 5 Sergi Bruguera (Spn) 6 Michael Stich (Ger) 7 Michael Chang (US) 8 Andrei Medvedev (Ukr) 9 Petr Korda
        AFP; Reuterr  -  325 words
      • Article, Illustration
        Lock icon Cricket
        175 19 AFP MORATUWA, Sri Lanka First innings of Sri Lanka on the second day of the first test against South Africa Thursday Sri Lanka (241-5 overnight): R S Mahanama b Schultz 53; U C Hathurusinghe c Richardson b Donald 1; A P Gurusinha c Richardson b Donald 26; P A
        AFP  -  175 words
      • Article, Illustration
        Lock icon Golf
        211 19 Reuter AP TOKYO KBC Augusta Open leading first round scores Thursday (Japanese unless stated): 67 Yoshinon Mizumaki, Kiyoshi Murota, Katsuyoshi Tomori, Saburo Fujiki, Shinsaku Maeda, Yukio Noguchi 68 Eduardo Herrera (Col), Ken Kusumoto, Atsushi Takamatsu, Yoshihiro Hon. Abo: 69 Frankie Minoza (Phi), Lin Chie-hsiang (Tai), Paul Hoad (GB) 70
        Reuter; AP  -  211 words
    • Article
      Lock icon Steinhauer unlikely to repeat victory
      235 19 AP LONDON, Ontario Sherri Steinhauer stood on the driving range on Wednesday wondering what was wrong. Here she was, the champion on the eve of defending her title at the Canadian Open and the balls weren't going where they were supposed to go. "I haven't
      AP  -  235 words
    • Article
      Lock icon Courier, Graf named top seeds for US Open
      274 19 NYT NEW YORK Steffi Graf will revert to her accustomed position and Jim Courier will resume his next week when the US Open gets underway at the National Tennis Centre in Flushing Meadows. The world's two top-ranked players were seeded first in
      NYT  -  274 words
    • Article
      Lock icon Olympic sponsors urged to oppose Beijing's bid
      395 19 AFP NEW YORK A human rights group has asked Olympic corporate sponsors to help defeat Beijing's bid for the 2000 Summer Games, but has received no support from the multi-million dollar firms. Human Rights Watch said on Wednesday that it sent letters dated
      AFP  -  395 words
    • SIDELINES
      • Article
        Lock icon American football match in Japan?
        101 19 AFP MORGANTOWN, West Virginia Officials at West Virginia University here and Virginia Tech doubt their teams will play an American football game against each other next season in Japan. Unidentified Japanese promoters sought to bring the Big East Conference rivals together in Tokyo instead of
        AFP  -  101 words
      • Article
        Lock icon Baseball owners, players meet
        113 19 AFP NEW YORK Representatives of baseball's owners and players were meeting here yesterday in hopes of settling a dispute over expanding the playoff format leading to the World Series. Richard Ravitch, negotiator for the owners, was to meet Eugene Orza, an attorney for the Major League
        AFP  -  113 words
      • Article, Illustration
        Lock icon Italian team makes it to gold
        42 19 Reuter OSLO Italy's World Champion team time trial squad members speed to the finish line on their way to a gold medal victory in the 100-kilometre team trial race at World Cycling Championships on Wednesday. Reuter
        Reuter  -  42 words
      • Article
        Lock icon Kohl wants Olympics in Berlin
        148 19 Reuter BERLIN German Chancellor Helmut Kohl said on Wednesday that Berlin, divided for decades by the Cold War, would be the ideal site for an Olympic Games in a reunited Europe. Mr Kohl, in a commentary written for yesterday's Die Welt newspaper, said the Games
        Reuter  -  148 words
      • Article
        Tyson to file conviction appeal
        130 19 INDIANAPOLIS Mike Tyson's rape conviction appeal will be submitted to the Indiana Supreme Court here, an attorney for the former heavyweight boxing champion said. Tyson was convicted of raping beauty pageant contestant Desiree Washington and sentenced to six years in prison in March of 1992.
        130 words
      • Article
        Lock icon Maradona denied US visa
        101 19 Reuter BUENOS AIRES Argentine soccer star Diego Maradona was quoted on Wednesday as saying he had been refused a US visa and might go to Cuba instead for a physical check-up. The stocky former Argentine captain, whose career stalled after his arrest on drug charges two
        Reuter  -  101 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      169 19 Wr\l OVERSEAS?! You can get newspapers magazines distributed by SPH from any of the following newspaper agents: Brunei: Current Newspaper Agency Tel: *****9; Fax *****43 Tar East Newspaper service Tel: *****2; Fax *****02 Hai Bin Book Store Tel: *****9; Fax *****95 Seria Book Store Tel: *****0; Fax *****86 Indonesia Firma
      169 words
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      Page 20 Advertisements Column 1
      904 20 festfNothillgßeaAsAßllCL HHffiil WHERE to wine, dine and entertain OF Make Up For Every Meal You've Had To Skip This Week Sf: i If you've been living on a solid diet of work-and-not-much-else lately, give yourself a well-earned rest and head for the Plaza Hotel's Seafood Theatre Restaurant this weekend. Select
      904 words
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      Page 20 Advertisements Column 2
      304 20 Delectable Ym| DmFi Baffet at TJZ* ck>ttclbo, < ««7 Satasday «d Seaday. lUOpalelpa 914.50 ptrpcnoa M.SO++ per cblld (below 10 yn) Mezzanrr Siaptaon Coatiacatal J* Local Afttnooa Tea spread at MernaiM Loaage. Daily. Ipatotpa $16.00 par pewoa $10.00++ per ckild (below 10 yrs) 111 Orchard Road. Stoio*poreO92l Tel: 7)***** Paramount
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  • LIFESTYLE
    • Article, Illustration
      Emerald Hill revisited
      591 21  -  Claire Leow takes a sentimental journey back with Emily of Emerald Hill Claire Leow IT IS touted as the archetypal Singaporean play and Emily of Emerald Hill, re-staged for the tenth time here and abroad, is being resurrected at the Raffles Hotel. This time, Emily is played
      591 words
    • Article
      Lock icon Raymond Burr ill
      239 21 CHATTERBOX Reuter ACTOR Raymond Burr, 76, is seriously ill at his Northern California ranch u Xgpnds said on Wednesday. "I just talked to his business partner and there's no change, no improvement," said George Faber, head of public relations at Viacom, which produces the Perry Mason television
      Reuter  -  239 words
    • Article
      Lock icon Jackson puts off concert again
      233 21 Reuter AP American pop star Michael Jackson postponed a concert for the second time yesterday, saying he was still too ill to perform. The concert scheduled for last night was moved to today. In an audio tape message to his fans, Jackson said: "I am
      Reuter; AP  -  233 words
    • Article
      Lock icon Family is behind him
      105 21 Reuter PUTTING aside disputes that have divided Jackson's family of entertainers for years, Michael Jackson's parents, brothers and sisters joined together to announce their support for him. "We would like to take this opportunity when our family has come together in unity and harmony to convey
      Reuter  -  105 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      184 21 I (Some to The Bar and get t Dizzy. Or a little of Fats, the Duke and Thelonious Monk. Jazz favourites played by Singapore's favourite jazz man Jeremy Monteiro and his band. Coupled with effusive service, you'll soon realise it's more than just The Bar's wonderful cocktails that'll make you
      184 words
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      Page 21 Advertisements Column 2
      146 21 Ever Wondered Why People Rush To Tanglin Shopping Centre At Night, When Most Of The Shops Are Closed Something's Cooking There! What's cooking? Delicious, spicy, authentic Indonesian food. People come from all over Singapore to enjoy it. Day and night. And that really says something about our quality and value,
      146 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1220 21 TV RADIO 1 of both investigaSecretary of Defence Gene Hackman. When Haclcman ackills -XJjPW JPp'--*!^a to do a quiet investiga- jf|u|HjHHP^ tion. Costner soon finds con- cealments and clues that finger biographical drama about a telemovie traces his rise from "y to the top ~?&k Hk>' i his sport. On
      1,220 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Towards a broader retail vision
      753 22  -  Corinne Kerk reports on targeting competitors and shoppers in a saturated market Corinne Kerk IF THERE is indeed an element of wariness amongst retailers in Singapore, one speaker detected it yesterday at the two-day Singapore Retail Industry Conference. Addressing an audience of about 180 delegates
      753 words
    • Article
      Lock icon Getting into the shopper's psyche
      375 22 NYT IN THE same way that spending USSBS (SSI36) for a pair of Fogal stockings may perversely provide a bigger thrill than paying $4.50 for a pair of Hanes, a new study shows that where a person chooses to shop has a psychological dimension. Lord
      NYT  -  375 words
    • Article
      Lock icon Toys 'R' Us moves into books
      273 22 NYT AFTER years of introducing American children to cutting edge interactive video games and the latest variety of Teen-Age Mutant Ninja Turtle, Toys 'R' Us is gearing up to sell a more traditional form of entertainment: books. The toy retailer, which sold almost a
      NYT  -  273 words
    • Article, Illustration
      Lock icon Visa relaunches biz card with added perks
      618 23  -  Package now offers more benefits to match archrival American Express, reports Corinne Kerk Corinne Kerk IN THE latest move to stake its claim on the travel and entertainment market (T&E), credit card issuer Visa International has relaunched its Visa Business card, this time
      Photo by Arthur Lee  -  618 words
    • Article
      Lock icon More print ads go poster size
      601 23 NYT THESE days, Playboy isn't the only publication offering pages that fold out. A growing number of magazines and newspapers are carrying advertisements that readers can unfold to reveal oversized, poster-esque pitches for products ranging from cosmetics and audio and video equipment to automobiles
      NYT  -  601 words
    • COPY LINES
      • Article
        DMB&B appoints MD for Asia
        34 23 HONGKONG D'Arcy Masius Benton To vies has named Roger Win!;-' as managing di-ect. r for DMB&B/Asii. He w it have responsibility aver 12 wntries, including Asean, l:iJia and China.
        34 words
      • Article, Illustration
        Shaquille in S'pore to promote Reebok
        53 23 SINGAPORE US basketbail superstar Shaquille O'Neal arrived in Singapore yesterday as part of a campaign by Reebok to publicise its Blacktop basketball shoes. Today, the NBA Rookie of the year will meet prominent sports authorities. He will also visit Takashimaya to open the new
        53 words
      • Article
        Master carver to demonstrate
        69 23 SINGAPORE The Singapore Jewellery Watch Fair next month will feature Mr Wallace Chan, master carver and sculptor of carved gems. Mr Chan, who will demonstrate the art of intaglio carving, will be brought in by homegrown jeweller Larry Jewelry. Intaglio carving is difficult to master and
        69 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1907 22 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER Of THE COMPANIES ACT. CAP. 90 ANO IN THE MATTER OF ASSOCIATED ORANTTE QUARRY PTE. LTD. link ml«m |lfl RVVmDffl TWUnijry Liquidation) NOTICE OP SPECIAL ANO ORDINARY RESOLUTIONS [Pursuant to Sec Son 290<2)(b)] At an Extraordinary Ganaral Meeting of the
      1,907 words
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      Page 22 Advertisements Column 2
      518 22 THE MATTER OP THE COMPANIES ACT. CAP. 9t AND M TUB MATTER OP MITIAL PEST CONTROL SERVICES PTE LTD (In Members' Voluntary UqMdaMon) NOTICE Of SPECIAL ANO OROMART RESOLUTIOM9 [Pursuant ta Mm 2M(2Xfe)] At an Extraordinary General Meeting of the Company he« at 9 Peneng Road #12-00 Park MeU. Singapore
      518 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      971 23 a i TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER Of THE COMPANIES ACT. CAP. SO ANO IN THE MATTER Of INITIAL HOLDINGS (SINGAPORE) PRIVATE LIMITED |in Mvmotri voluntary Liquidation) NOTICE Of SPECIAL ANO ORDINARY RESOLUTIONS [Pursuant to Section 2So(2)<b)] At an Extraordinary General Meeting of the Company
      971 words
    • Advertisement
      Page 23 Advertisements Column 2
      536 23 M THE MATTER OF THE COMPANIES ACT. CAP. 60 AND M THE MATTER OP VWON PROPERTIES PTE LTD (In Voluntary Liquidator!) FINAL MEETING NOTICE IS HEREBY QIVEN pursuant to Sacton 306 of The Companiae Act. C«>. 50 ftat a final meeting of tha members of tha abowanamad Company «H6 ba
      536 words
    • Advertisement
      Page 23 Advertisements Column 3
      297 23 SINGAPOIE'S DISCOVftY ISLAND INVESTMENT OPPORTUNITIES OB SENTOSA 1 ON SENTOSA I .*'l I «W»»C*L «l X _~»0 "T~~T™ //V N \y /.-yj r\W Nta WA\ k w saw SS I V/ »g*CM LAND PARCEL 6A LAND PARCEL 6E Sentosa, Singapore's premier leisure resort and tourist attraction, invites participation from local
      297 words
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  • Article
    Not a one-horse race
    566 24 EDITORIAL SINGAPORE'S presidential election tomorrow is no ordinary one. For a start, the issue at the heart of the electoral exercise one too easily ignored or forgotten amid the usual musings at the fringe is that Singaporeans will vote for a head of state who will
    566 words
  • WHAT THE OTHERS SAY
    • Article
      India's politics of religion
      302 24 INDIA'S Prime Minister Narasimha Rao has displayed sagacity in postponing his proposed Bills to separate religion from politics. The decision is advisable tactically because, with only 251 followers in a 534-member parliament, the ruling Congress (I) Party would probably have failed to muster the two-thirds majority
      302 words
    • Article
      The enterprising spirit
      178 24 IN THE REPUBLICS quest to expand its external economy, the report of the Committee for the Promotion of Enterprise Overseas presents a bold and significant step. It seems that some of its recommendations have been carried out or are being planned ever since then Prime Minister Lee
      178 words
    • Article
      Limited success of congress
      231 24 ONE OF THE main objectives of the KMT 14th party congress was to pave the way for its campaign in Taiwan's year-end county and mayoral election by reorganising party strength and redistributing power within the party. However, during this party congress, the representatives frequently quarrelled, fought
      231 words
    • Article
      The need to learn
      165 24 TECHNOLOGY TRANSFER, research and development (R&D), and innovation are the drumbeats for a meaningful Malaysian future. In fact, Malaysia is compelled to shift gear into a more competitive sphere of production activity, but that barrier between assembly-line-type, labour-intensive industries and higher valueadded production is proving formidable.
      165 words
    • Article
      Garuda facing turbulence
      151 24 MINISTER OF Transportation Haryanto Dhanutirto criticised the national flag carrier, Garuda Indonesia, early this month for the underutilisation of its aircraft. According to Dhanutirto, Garuda's jet utilisation ranges only from 60 to 70 per cent due either to inadequate maintenance or to the incompetence of the airline's
      151 words
  • Article, Illustration
    Investor greed driving Nafta
    923 24  -  The North American Free Trade Agreement is dealing major advantages to Mexico and putting the United States at a disadvantage, writes Ross Perot Ross Perot The writer is a former US presidential candidate THE United States holds two aces in international business competition that the North
    923 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      309 24 ..-tfl. ...1/1 Ifj .t v j r'acr:. c" m |1 H iV *>d! *nr.rr3io G U II ft I K i I II I II IB .a Cast your nominations tar tins yaar s Singapore Business Awards Business Tones, Singapore »business daily, and DHL Worldwide Express, die leading international air
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      45 24 kj I TriiS o HIS 'cv^o,,x ViPvS GC>J£.TO His I V£-F*> FM4D CONCeBL TV4€ OTW6R —7 'jj^l c asjocjatid Htwiftfin ltd.. mum j/mf b*l». DOONESBURY GARRY TRUDEAU 1 T*»t> Slam. JiSL lan is lam r v 3ft? (I^3 sentry. o sensation. <astcntuz, lantenoti —i j
      45 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Crackdown in kickback country
      1243 25  -  In the light of recent arrests in Japan's Ibaraki Prefecture, Akihiro Tamiya examines the web of corruption involving the construction industiy and high-level politicians Akihiro Tamiya Nikkei Weekly TO MOST Japanese, Ibaraki Prefecture is well known as the nation's largest producer of natto, a pungent dish
      Nikkei Weekly; Source: Nikkei Weekly  -  1,243 words
    • Article, Illustration
      A promise of reform
      881 25 In an editorial on Wednesday, Asahi Shimbun focused on the speech Liberal Democratic Party president Yohei Kono gave to parliament on behalf of his party AT THE beginning of his interpellation on behalf of his party, Liberal Democratic Party (LDP) president Yohei Kono said, looking at
      881 words
    • Article
      Lock icon The gangland connection
      285 25 A survey by the police reports that almost half of Osaka construction firms have paid off gangsters Asahi SUSPICIONS of secret dealings between the construction industry and organised crime in the Osaka area are supported, Osaka Prefecture police say, by a survey they carried out. The survey
      Asahi  -  285 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1055 25 KANSALUS-OSAKE-PANKKI Consolidated Balance Sheet Consolidated Income Statement As at D«c«mk«r 31,1992 For tlw ytar tndtd D«c6mbtr31,1992 1992 1991 1992 1991 r—Md fjfwwMti inconc m financial iwfitiwi Cash 1.218 8 1.051 8 Interest income 14.6723 16.2231 Due from the Bank of Fetland 2.202 2 1.5276 Income on tare purchase. Due from
      1,055 words
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  • Article, Illustration
    Lock icon China denies violating arms control commitments
    564 26 It slams new US economic sanctions as absolutely unjustifiable Reuter AFP AP BEIJING China yesterday angrily denied violating its arms control commitments and rejected new American economic sanctions as absolutely unjustifiable in the latest setback for the troubled relationship. The Chinese Foreign Ministry denied
    Reuter; AFP; AP  -  564 words
  • Article
    Lock icon Capital investment in Japan likely to see worst fall in 23 years
    371 26 AFP TOKYO Japan's capital investment is forecast to drop 2.6 per cent in the year to March, the second decline in a row and the steepest in at least 23 years, Long-Term Credit Bank of Japan Ltd (LTCB)
    AFP  -  371 words
  • Article
    Lock icon France gets Kohl's support on Gatt but no rate cut
    385 26 Reuter AFP BONN France won vital German support in a deadlocked trade dispute with the US yesterday but saw its hopes of easier monetary policy dashed when the Bundesbank refused to cut its interest rates. Chancellor Helmut Kohl said Germany
    Reuter; AFP  -  385 words
  • Article
    Lock icon US jobless claims up for first time in four weeks
    305 26 AP Reuters WASHINGTON The number of Americans filing firsttime claims for jobless benefits rose by 8,000 last week, the first increase in four weeks, the United States government said yesterday. But the less-volatile fourweek moving average of jobless claims, which
    AP; Reuters  -  305 words
  • Article
    Compaq launches low-cost PCs, steps up production
    339 26  -  By Joseph Rajendran SINGAPORE US PC maker Compaq has launched its latest line of low-cost computers and is beefing up local manufacturing capacity to meet expected demand. Singapore-based vice-presi-dent for manufacturing Kirk Moul said yesterday the new Presario models would be manufactured in
    339 words
  • Article
    Lock icon VW Group posts operating loss of 1.4b marks in first half
    475 26 AFP IHT WOLFS BURG, Germany The leading European carmaker, Volkswagen Group, yesterday announced a big operating loss for the year's first half: 1.4 billion marks (SSI.3 billion). The results arc a dramatic turnaround from the operating profit of 987
    AFP; IHT  -  475 words
  • Article, Illustration
    An Umno contest not according to script
    739 26  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is BT's Associate Foreign Editor GIVEN Malaysia's robust political culture, it was inevitable that Finance Minister Anwar Ibrahim would throw his hat into the ring and challenge Ghafar Baba for the post of deputy
    739 words
  • Article
    Lock icon UK growth above forecast so fan Treasury
    283 26 Reuter LONDON The British economy has grown significantly faster than the government expected so far this year, but it is unclear that the present rate of expansion will be maintained, the Treasury said yesterday. In its March Budget, the government forecast that gross
    Reuter  -  283 words
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  • SHIPPING TIMES
    • Article, Illustration
      Pan-United forecasts 50pc jump in turnover
      424 27  -  By Juliette Walker SINGAPORE Homegrown Pan-United Shipyard projects a 50 per cent jump in turnover to $90 million this year. Pan-United managing director Henry Ng said yesterday that the strong perfor'mance for the year to Dec 31 was expected despite the slump in the
      424 words
    • Article
      Lock icon Liner transport last choice for shippers: survey
      451 27 Lloyd's List NEW YORK The liner shipping business may have appropriated many of the buzzwords from "commitment to service" to "flexibility" so over-used throughout the cargo transport but its low image among shippers continues to suggest it is having trouble translating those stock
      Lloyd's List  -  451 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1123 27 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 4 ASCL 5 5 ASXCL Shpg 15 2 Avant
      1,123 words
    • Article
      Singmarine clinches second deal from Chinese firm
      205 27 SINGAPORE A satisfied customer in South China has given Singmarine Industries a second vessel-building contract. But this time, the value of the contract is $6 million double that of the first. In a statement yesterday, Singmarine said that it had received an order
      205 words
    • Article
      Lock icon Japan shipbuilders in foreign tie-ups to bag OOCL deal
      309 27 Lloyd's List TOKYO Japanese shipbuilders are linking-up with foreign yards to chase a major containership deal planned by Hongkong-based Orient Overseas Container Line (OOCL) in a bid to overcome currency problems. Bidding consortia have been formed with builders in South Korea,
      Lloyd's List  -  309 words
    • Article
      Lock icon More than 500 rescued from burning casino ship near HK
      199 27 UPI HONGKONG Six officers and the captain of a blazing gambling ship off Hongkong finally extinguished flames with the help of fire boats early yesterday after an estimated 519 passengers and crew were evacuated in a rescue conducted in darkness,
      UPI  -  199 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        355 28 <«wl N» BwH> VtW«I ggghw Vnul Vty No Berth Vmd Dtpartet JtfflMg Port fcnamw 34/93 P® 26.08/2300 Oont Wei 01 111 2708/1200 33/93 P03 76.08/2300 Fcnarun 17 2708/2000 Mahw* 04-93 P04 2808/0600 Glory Seraya/B GS/01/93 19 2708/2000 Map Y Hua 16A/93 P04 2608/1930 1 Hyderabad 120HW ato<*ade
        355 words
      • Article
        CONTAINER SCHEDULES
        1576 28 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO j RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From to lh «0A 29/1600 2 26,1700 27 0659 27/0900 <' 4 27/1200 27/1459 27/1700 ;-toV«M 246 28/0700 1 26/1500 26/1659
        1,576 words
    • Article
      THE SHIPPING GUIDE
      10224 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,224 words
    • Article
      DAILY FREIGHTS
      550 43 A QUIET freight market saw steady grain rates after a few fixtures emerged from the US Gulf, with just a five point dip on the Baltic Freight Index to 1,452 on Aug 25. Dry cargo brokers were said to be watching for any effect from news that Russia
      550 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      493 43 Catan Cat* hqmX U P—iy fhtm *tw*m k* MtuMm Utm* Dmfty Watv-Rtadut A* Olwiiwi Tifcrt %w* turn Exxon fnp KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM wt*m4 BO/Omc 1Mb Spec E25 991 1.0 15.0 0.10 30* 0.10- Eaten USA 180 Ave 986
      493 words
    • Article, Illustration
      Lock icon IMO's builder of bridges
      1187 44 Secretary-general William O'Neil tells Bill Box he still has much to do despite two-and-a-half years in office Seatrade Review THE IRON ring worn by Canadian engineers on the little finger of their working hand is a symbol of the great achieve- ments of their profession but
      Seatrade Review  -  1,187 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon EC threatens legal means to break airport monopolies
        451 46 FT, Reuter BRUSSELS The European Commission's competition commissioner on Wednesday threatened to use controversial legal powers to break open monopolies in airport ground-han-dling services. Karel van Miert said a special directive aimed at deregulating services such as passenger check-in, baggage handling and
        FT,; Reuter  -  451 words
      • Article
        Lock icon Malaysia to build light trainer aircraft
        300 46 Reuter KUALA LUMPUR Malaysia will build light trainer aircraft using Swiss technology in a move towards starting up an aviation industry, Defence Minister Najib Abdul Razak said yesterday. "The first batch of 20 Swiss Trainer MD3-160 two-seater, all-metal aircraft will roll out by June
        Reuter  -  300 words
      • Article
        Lock icon Taiwan, BAe close to agreement on joint venture
        410 46 FT Reuter TAIPEI British Aerospace and Taiwanese officials appeared on Wednesday night on the verge of saving the proposed £250 million (*****.2 million) joint venture to build regional jet aircraft which is central to BAe's efforts to improve its profitability. Local media
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          Lock icon Petronas to get LNG tanker in 1994
          100 46 Knight-Ridder KUALA LUMPUR Petronas, Malaysia's state-owned oil company, expects the first of its five liquefied natural gas tankers to be delivered in July 1994, according to Bernama news agency yesterday. The last of the ships in Petronas' LNG tanker fleet will be delivered
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          Lock icon UK, Vietnam sign Hanoi airport deal
          110 46 Reuter LONDON Vietnam and British company John Laing International have signed a deal to build a new multi- million dollar passenger terminal at Hanoi's Noi Bai airport, the Guardian newspaper reported on Wednesday. It said the joint venture was agreed in principle when Vietnamese
          Reuter  -  110 words
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          Lock icon Kobe city to have airport by 2003
          114 46 Reuter OSAKA Japan's Transport Ministry on Wednesday approved plans to build a domestic airport on a man-made island off the city of Kobe. The single-runway airport will be built by the year 2003 on a 300-hectare artificial island in the west of Osaka
          Reuter  -  114 words
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          Lock icon New FAA boss sworn in
          97 46 UPI WASHINGTON Veteran pilot and aviation executive David Russell Hinson on Tuesday assumed the helm of the Federal Aviation Administration as the agency's 13th administrator. Mr Hinson was sworn in by Transportation Secretary Federico Pena during a public ceremony at the National Air and Space
          UPI  -  97 words
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        Garuda offers passengers discounts on domestic fares
        170 46  -  By Ramesh Divyanathan SINGAPORE Garuda Indonesia is offering its international passengers half-price fares on domestic flights. The airline said in a statement on Wednesday that these passengers can fly at half the normal domestic air fare on Garuda and another airline, PT Merpati
        170 words
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        Lock icon UK's high-tech idea: drive faster, pay more toll
        434 46 AP LONDON Futuristic technology for collecting highway tolls also could levy instant speeding fines, a government minister says. The idea, still in the talking stage, was denounced on Wednesday by the Automobile Association as "a charter for the lawbreaking rich". Roads Minister
        AP  -  434 words
      • Article, Illustration
        A flying dolphin?
        66 46 SINGAPORE Looking more like a dolphin than a cargo plane, Airbus Industrie's first A-300-600ST Super Transporter is set to make its first flight in September next year, trade magazine Aviation Week A Space Technology reported last week. The outsized cargo aircraft will enter commercial service in early
        66 words
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        Lock icon GPA advisers confident of signing rescue deal with GE Capital
        316 46 FT LONDON Advisers to GPA Group are confident that the aircraft leasing company will sign its rescue deal with GE Capital, the financial services arm of General Electric of the US, within the next few days. The agreement will separate
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1377 46 aft nm n* nm n» Akm MmM GA970 2205 MihUi QF81 1930 QF82 2055 9Q227 2230 fllllllll <mi KL837 1445 KL832 0020 SQ323 1725 KL838 2320 Mtmm SQ348 2300 JUcM—< NZ35 1550 BAM 1505 SQ288 2030 SQ285 2015 BA12 2200 NZ36 2340 Irtilh GFI49 0650 BS«1Basa"M
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      12 27 m MAC-NELS HONG^ KONG 1^ K ungs SINGAPORE:(O2)-*****22 JKT:(2I >-*****07 PK:(03)-*****77 PEN:(O4)-*****6
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      10 27 PM§ WMOIuOH. For advertising enquiries, contact Shipping Tnm: Tel 740-2069/740-2090
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      48 27 the FAMOUS Canon 888E***** 1833 For more information please refer to P|. IS IMO's builder of bridges, Pg 18 EC threatens legal means to break airport monopolies, Back Pg HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Business Times wekhowasu
      48 words
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      459 28 TSKUNEAGENCCS(S)PTE.LTD. AmmA r I 1 Tmyri Tel: 226-3363 LjP BBB S -1 I lIMr Fa 226-1972/3 Tlx: RS *****/TSKSIN. > TOKYO SENPAKU KAISHA, LTD. No: **********0N I 1 i EgatTs to HONteONe. mtLjkrnm tum i»ma.r :r~ 218 25 M »?7 M?7 I M 3U!< I*o9 10 09 n'w izoT"" r
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      1128 28 c*jfow» *K»airr 44 119 at 221 m I J?9 lat i*sn vn/ut 21 *9 n« a» m a* ai 309 219 279 urn* cmm 021 mi n« a» a* a* Me oaNuiauo ni/us 11 221 a« a> ut ut «10 in lit ai in ggiiumii Ia I inul ml ml
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      1666 29 ipping limes, rriaay August zi IW3 JARPWE SHIPPING AGENCIES tOH. 8Ho" M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 TEL: *****13 FAX: *****42 in „Tttitani PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) (pQH *****3/4 FAX: *****6 BOOKINGS TEL:
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      1324 29 auimtuMJ I FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO r NEXT AVAILABLE SAILINGS MAERSK EDINBURG V.9304 ETA SIN 29TH AUGUST 1993 VesaM Voy ETA ETD Faadar Dy I s DESTINATIONS I Th» MAOiSON MAERSK V 9306 CY 31/1)8 0600 HPS I CFS 30/06 ?JM M«S JOH IPK PEN OAK LGB MOO MEM ATL MIA CMS BAL
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      1486 30 AQABA R OAM/ LE ALSO ACCEPTS4G FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S'TON H'BURQ AWEBP HAVRE MALAYSIA DANUBE 09/333 26/8 6/9 12/9 15/9 IS/9 20/9 22/9 Porl Keiang Penang KAMAKURA 30/134 1/9 16/9 21/9 19/9 Partr Gudanfl DRESDEN EXPRESS 12/334 4/9 13/9 19/9 22/9 25/9 27/9 29/9 s
      1,486 words
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      565 30 FCt Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for al services VilsVa" YOSIOCnfIy, VBOIVOViOK, MOSCOW, IBSnKCni, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam a Mongolia a Hungary CSFRo Poland ocT^rrans AGENCCS (FAR EAST) LTD NOUAKCHOTT -BANJUL-BISSAU-LUANDA-BAT A Fssdsr V——l ITAlai VILLE
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      1253 30 NORASIAI VAL* LHA HAM BRE# ROT AMT»FttT; NOMSM AL-MURTAZAH 9333-3 02/09 22/09 25/09 2«/09 20/09 27/09 20/09 30/09 01/10 02/10 NORASM SAMARTHA 9334-3 09/09 29/09 02/10 03/10 03/10 04/10 OS/10 07/10 00/10 09/10 I NOMSM SUSAN 9335-3 10/09 00/10 09/10 10/10 10/10 11/10 12/10 14/10 15/10 10/10 I MOMMA SW6A
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      1909 31 H STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Kappal Towers Singapore 0208 Tel: *****08 Fax: *****17 I j# CARGO DUt SttS RAMM BROOKE *2lt Muwa. lab KK 30 31 Auf 31 A*)f 01 Sep FC L. LCL CONTAMCH AND MKAXiUU KRVKC TO WUA MW OUWCA MEIUM *121 KK.
      1,909 words
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      2696 31 %ytX v 4 SINGAPORE AGENT: PA«lfoitlAf*C PAO Containers (Singapore Agencies) Pte Ltd I Qftl V i|9lllalllCl9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 iqßk Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z 'MPOWT VfIML VOY fUt 'MO 8M I ALO MU WT
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      832 32 rPfißg ml iftl ■pwl rnnar J ggg I »-M/9 I ?V1» »/H 127/11 138/18 TRAifr BOTCOIBT fam** vx xs WL/9H m STOBE SYO I MLB MS FM I MEL~ 1 WO AUSIBAUA 44S 1/9 31/8 12/9 15/9 WO IAYMMTA 79S 5/9 4/9 18/9 21/9 17/9 29/9 moumtn I u/i 111/9
      832 words
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      1814 32 (g) HANJIN SHIPPING FOR ttl M LK HAU. SU POX FDR VSL SM lift HAU SAV 1M NYC HMUM ELIZABETH 009 C 2/9 OMECT 23/9 2S/9 HAM EUZMFIM 00* 2/9 HMM 011E 7/18 1/1919/18 HMM VANCOUVEX 014E 9/9 MKT 31/9 2/19 HMM IMCOWOI 914E 9/9 R NOMMMS 941E 14/18 15/1917/19
      1,814 words
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      1092 32 Inn at MC IU w nana no uu cm ml Rt w aa mm nr m m aa no. I iaw n/i 1/1 t/i m u/i 11/1 ivi 14/9 nn tt/i a/i i/a u/u u/u u/u a/u 27/u a/u a/u a/a 9/11 ivu zvii a/u L mnr 7/9 1/1 13/1
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      2057 33 sex: 'CALIFORNIA MERCURY 55E' eta sgp 01/09/93 II H ARRIVING LOS ANGELES 18/09/93 IN 16 DAYS HI I 11 AEX: 'NEPTUNE RHODONITE TIE' ETA SGP 01/09/93 HI ARRIVING NEW YORK 24/09/93 IN 22 DAYS HI pSHHHSSHHBHHSSSSSSBS^BH^HBSSSH3SSHBHiiHBiBHBjH|BNP i>Mwj hi ~***1 vuc vma voy TIP los oak »m in atl ccc cle
      2,057 words
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      Page 33 Advertisements Column 2
      1042 33 SINSOV SMGAPORE SOVIET SMPPM6 CO PRIVATE LTD BOOKINGS: BALT OKENT UNE: *****64 FESCO: *****06 ENQUMES: *****33 BLASCO ft ODESSA: *****51/*****31/*****13 MVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO:
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      1306 34 K44 v AS AGENTS: 'V LI |MW) Fit LTB |Ci ifc *****7311—) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I MM* MALAYSIA: "K M UK MMfTMI (MALAYSIA) SM MB I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SMUMA UWT WTEMUSA, TEL: JKT
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      Page 34 Advertisements Column 2
      984 34 PHILI-ORICNT LINGS PT€ LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****60/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION gjjjg 1 AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 2 SEP SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 1 SEP AUCKLAND. WELLINGTON, LYTTLETON, NEW PLYMOUTH, NAPIER.
      984 words
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      1002 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSSSSSU— 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I V CR NO: **********06 I wrrrnrm 11 voy —Sf—ar-| VESSEL VOY 3ln BKK sii* vnTl UTIU mji 1/f 5/1 SINO MARINE 10N 28/8 31/8 4/8 BUN QA TERATAI 3453 31/S 3/9 7/8 KOTA BABAB
      1,002 words
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      Page 35 Advertisements Column 2
      1592 35 [vtssas —vor via teeder spom mSm Rotterdam antoop nSii le harve MLU OE *G* MB* I n w n,W 21,n ?i/M /M 01/10 Um ommtftM 7130N 04/04 01/10 03/10 04/10 OS/10 07/10 Ma H sauus «30W I 12/00 00/10 10/io 11/10 12/10 u/io_ WILE OC VENUS 0230W 10/00 14/10 1«/10
      1,592 words
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      Page 35 Advertisements Column 3
      394 35 I BSA M MYANMA Plk FIVE STAR LINE (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.Kit Pen P.Gdj PWTA VI3OW b Pi AVA VI23W 6/> Sep 4/6 Sep PAGAN *201* S/9 Sep PA THEM VI24W 10 Sep 13 Sep HALATSA AGENTS BOUSTEAO SMPPM6 AGENCES KUL: TO. 03-*****00 PHL TE
      394 words
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      2866 38 Conventional Semi-Container Full Container Liner Services Liner Services Malaysia's Agents: Indonesia's Agents: I Cmeral Agents: Booking Agents: General Agents: Booking Agents: Gnan Goon Sinking Sda Bhd Chung Ckiao Shifting Sin Bhd P.T. Global Rntra Indonesia Maritime Yick Fung Shipping I s*** rmgm Mm Lett/ Tmmrtt Costar Shipping Pte Ltd simm
      2,866 words
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      644 39 fr" I'IIUAJ nuguov &VVV (ft FAMOUS CONTAINER LINES yjpm 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 30/08 ROTTERDAM 28/08 AARHUS/COPENHAGEN 30/08 HAMBURG/BREMEN 30/08 MARSEILLE/FRANCE 29/08 FELIXSTOW/UK 30/08 BARCELONA/SPAIN 29/08 lEHAVRE/FRANCE 30/08 GENOA/ITALY 28/08 ANTWERP/BELGIUM 30/08 LOS ANGELES/WC/PI 29/08 SYDNEY/MELBOURNE 30/08 NEW YORK/EC 29/08
      644 words
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      Page 39 Advertisements Column 2
      618 39 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHtP (3 Line®) )<P\ ETHIOPIAN SHIPPING LINES (National lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA lOACXNG FOR SPORE ANCMNET 31 we IN PORT DARESSALAAM MOMBASA O*6OOTI AS SAB MASSAWA ASSAY WONT 37W8 ***** OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      Page 39 Advertisements Column 3
      902 39 JAKARTA BANGKOK I—- m l m I [«aa Iwr wmfm mmm BU BMJM 14S m r\ 31/1 lAKU BHUM WW te ft 27/1 mm BfWf 20M a/» 1/5 OKACOH StWTOSA 54W bP! Tt/t \m 31/1 MMBNUM 5a 507 i 575 l w,wa m Htf Ul TiTi V7i Tim CHATTA WIT
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      1539 40 rjMjkSMN CONTAINER LINES tIIZIS^/VVIAgents: MAC-NELB SPORE: *****22 (24 LINES) *Jk I J\/ V Jr./m iiq. **********0 C > PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (062) *****3 I P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKB/MED PORTS PtN PKL SIN 5 SAUN6S/WEEK PEN PK SIN 29/8
      1,539 words
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      Page 40 Advertisements Column 2
      168 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD in ni ni van ran helms raws Ml MK 27/1 S*M lMdM| tor M* KMM MINI V 9 Oisdurvni and Im4m| lor Bortny Dxnw s n loaAni For M* nam wmm. io/» lo*fcng For Malt IMGDH 31/1 Loadinj For Malt wxkss inn
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      831 40 THONG SOON UNES PTE LTD 1 I Ms 71 SHENTON NAY #10-01, 9NGAPOK 0207 I I TEL: ***** M FAX NO: *****11 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO J SINGAPORE TO SARAWAK VESSEL WT S PORE PEST VESSEL VOT [STORE" UST T" EQUATOR 111 98/3E
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      836 41 *J£VEVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG MEAKBUU/SOC CARGOES TO/FRON KOK. YOKOHAMA. NAGOYA, MO I. KKYO* MANU*. o***o*, Pdunt* P. Ktiani Saifaport Elfcia* KAMALEVERETT VI7E 06/07 S«p KARAHEVERET7 VI3E 19/20 Stp 21/22 Sep SHAPLAEVERETT VI7E 08/09 Oct 10/11 Oct ACCEPTWG MIEAK BULK/FCI/SOC CARGOES TO/FROM CMTTAGONG. CALCUTTA AMD MONO.A*. Snfapart
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      Page 41 Advertisements Column 2
      300 41 Bt SLINKY iAVMAIM GROUP 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 V 26/8 1/9 TIMBER TRADER V 27/8 SP PKL HCM HK KAO GLORY SELATAN IX 30/8 2/9 9/9 EXTENSION OF HCM
      300 words
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      Page 41 Advertisements Column 3
      590 41 PCSI WORLDWIDE PIUmU CLOU STIIBEIS LWtS REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
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      463 41 """MM FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SM FENGANSHAN V 124 04/09 20/09 23/09 11/lO FENGHANGSHAN VS4/S6 19/09 06/10 08/IO 26/10 FUYUSMAN V4S/49 04/10 20/10 23/10 11/11 ALSO ACCEPTBKJ TO JOHANNESBURG PRETORIA VU DURBAN BOOKING AOENT FOR COSCO SIN TO MADRAS VESSEL SM MOS
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      Page 41 Advertisements Column 5
      335 41 SIN FU EAST 31/8 KEELUNG/KAOHSIUNG 4/9 BANGKOK 30/8 MANILA/CEBU 5/9 JAKARTA/BELAWAN/SURABAYA 4/9 PORT KELANG/PENANG/E. MALAYSIA 4/9 BUSAN 4/9 TOKYO/YOKO/KOBE/NGO/OSA 4/9 HONG KONG SIN CHINA 4/9 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN SH AN GHAI XING AN G TIAN JIN/QINGDAO also accepting LCL cargo S|N EMtOft/BK 6/9 LDN/FLX/LVP/SOU 6/9 ROM/HAM/ANT/LEH/GOA/OSI/GOT/BCN also accepting cargo
      335 words
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      725 42 rraBRC icmnr mi UHtlrlroiwtlW BANGKOK 25/8 MANILA 30/8 BUSAN 29/8 KEELUN6 31/8 TOKYO/KOBE 29/8 KAOSHIUN6 28/8 POT KELAWB/PEIIAIIB 30/8 YOKOHAMA 29/8 COLOMBO 26/8« 30/8 FELIXBTOWE/HAMBUBG 30/8 CHITTAfiOM/MAORAS 30/8 BOHEROAM/LE HARVE/ANTWERP 30/8 BOMBAY/KARACHI 30/8 BARCELONA. MARSEILLES. GENOA 4/9 CALCUTTA 20/8 SYDNEY/MELBOURNE 29/8 npg CMT LINER EXPRESS AGENCIES PTE LTD JTSUK I
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      Page 42 Advertisements Column 2
      302 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND IST SEPTEMBER ACCEPTING TO ALL NEW ZEALAND PORTS PENANO 02 SEP PORT KELANfi 02 SEP JAKARTA OS SEP OAROKOK 04 Iff SURABAYA 20 AOS FOEMANTLE 03» ■EL—WE 02 SEP SYDNEY 02 SEP mSOAME B SEP I*ACCEPTMO YD ALL SCANOMAVU POSTS CALCVYTA SI
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      Page 42 Advertisements Column 3
      696 42 Next Week's Sailings Pic I ETD ETD ""SSWSSg 1 Singapore Singapore 150 NK SY LRQA EVERY EVERY Bangkok SUN Jakarta SUN EKd EVERY EVERY Manila SUN Ho Chi Minh FRI (jmj EVERY EVERY liSsJ Colombo TUE Limassol THUR LJB-Jl MTBMnONM. HEIGHT FOMMMNG Tel: Fax: MO LOGBTCS SERVICES Rflft Singapore 778
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      1255 43 £C ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND PO«T» vor BUENOS mortevweol DURBAN IWWOM |howq *o«q| kabosi—a YOKOHAMA VESSELS my»» n. krupskaya ebqi sakep mud ao/os is-it/ps ayo* »s-so/o> polessk ebo2 27/os-oi/os oa/os is-is/bb 3q/08-04/io os/io 13-20/10 22/10 PEKABRIST ERO3 2S/OS-02/10 OS/10 IS-17/10 30/10-04/11 00/11 13-20/11 22/11 PWnwtSK EBO4 27/10-01/11 02/11 IS-IS/11
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      581 43 TODAY'S TIDES (heigtit in metres) NOV 0000 01M 0209 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 JR 1.0 0.8 0.8 0.1 1.0 1.3 1.5 1.7 1.8 1.9 1.7 1.6 1.5 1.4 1.4 1.5 1.7 2.0 2J
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      390 44 NORTH PHILIPPI <ES FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE" MAMLA innnttc [YtlY mm wcfifi aziiaa— m/w/m fw^wSay B pftcfic 25A« augzaa M/gaz^ —J yiCOK SINGAPORE iilfi M/W/93 MBOMi MHME 61ANB PS/09/93 11/M/M 1 PORT KLANG/PENANG FULL CONTAINER SERVICE ypttfi VOYAGE SWGAPOWE PO»T KLANG PENANG jgfißß. PENANG mm 22ZMZS2 a/W/93 vigour
      390 words
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      Page 44 Advertisements Column 2
      660 44 @APPENSHIP (2\ HAMBURG IjV CONVENTIONAL t INOCPENOENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOWES POUTS MSCHAME/LOAOW FOi HARMONY SEA HAMBURG SLD SPORE 1/9. BKK 5/9 YEW TREE HAMBURG SLD SPORE 3/9 LORELEY ANTWERP SLD SPORE 12/9 GLIDER HAMBURG SLD SPORE 30/9. JKT 2/10 BREMERHAVEN »/9
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      324 44 JLcosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 RotlarcJam/Antwarp cmha conventional service VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/0# 20/09 Huangpu/Guangitiou COSCO FULL CONTAXER ICTWCtI (TCL/fCU EXPORT TO: CNMA/BANQKOK/NONQKOMO EUROPE/CONTINENTAL WEST MEDCTERRANEAN AUSTRALIA US WEST COAST PERSIAN GOLF/KARACHI Pimm rctar above mantionad mtvlcm
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      919 45 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS <0t WW WE PCD KSSEIS WY ISW 1 MM ACT* LEW HAM tW FEL MM ADVANCE 2M 24/08 25/ OS 26/08 H. MNOVATOD 305*1 30/01 17/09 17/09 11/09 19/09 19/09 21/09 NORASIA MALACCA 9327 A 31/08 01/09 02/09 SL
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      7 46 J INVESTMENT 1 Tomorrow in Business Times
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