The Business Times, 1 June 1994

Microfilm: NL19382
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times MITA(P) 0d(l I&9A Wednesday June 1 1994 WE KNOW ASIA 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow down 2.15 points
      51 1 Reuter NEW YORK Wall Street stocks fell yesterday. On the broader market, at Ipm EDT, declining issues led advances 11-8 on trading of 116 million shares on the New York Stock Exchange. At 2pm EDT, the Dow Jones Industrial Average stood at 3,754.99, down 2.15 points.
      Reuter  -  51 words
    • Article
      Lock icon Ong Bong Seng buys Armani A/X chain
      43 1 Bloomberg Business News MILAN Simint SpA, an Italian clothing company controlled by designer Giorgio Armani, yesterday sold Armani A/X, its money-losing US retailing chain, to Singaporebased group Ong Beng Seng, for Ssl9 million. Bloomberg Business News
      Bloomberg Business News  -  43 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Tuesday Change STII 2,281.67 -24.22 KLSE Comp 993.73 -2.38 Nikkei 20,973.59 +134.62 Hang Seng 9,553.56 +29.93 SET Index 1,356.87 -26.74 Jakarta Comp 501.79 -2.7 CLSA China B 1.089.24 7.2 Aust All Ord 2,081.8 -10 FTSE 100 2,970.50 +4.1 Tuesday Previous 2pm close Dow Jones 3,754.99
    163 words
  • Article
    Major S'pore firms set to take stake in first cable TV network
    596 1  -  By Catherine Ong SINGAPORE Several major local companies, including Singapore Telecom and a subsidiary of Singapore Technologies Holdings, are set to partner Continental Cablevision, America's third-largest cable company, to build the Republic's first cable TV network. Industry sources
    596 words
  • Article, Illustration
    S'pore to allow telecom service providers to set up corporate switchboards
    380 1  -  By Juliette Walker SINGAPORE The Telecommunication Authority of Singapore (TAS) plans to liberalise the resale of telecom services by allowing service providers to set up shared "corporate switchboards", Minister of State for Finance and Communications Teo Chee Hean said
    380 words
  • Article
    Lock icon Commodity prices soar after last week's dip
    160 1 Reuter LONDON Commodity prices surged almost across the board yesterday after a dip last week when hedge funds and other private investors took profits. Forecasts of hot, dry weather in US grain growing areas sent Chicago grain futures limit up, fanning a revival
    Reuter  -  160 words
  • Article, Illustration
    HK's bubble economy has begun to burst: Dr Doom
    373 1  -  From Lim Soon Neo in HONGKONG HONGKONG'S "Dr Doom", who declared a few years ago that the bubble economy here would burst, said yesterday that his prediction was coming true, due largely to the government's policies. "The bubble has begun to
    373 words
  • Article
    Lock icon Two more Jardine members may delist from HK exchange
    407 1 HK Land. Dairy Farm may follow parent companies Reuter, Bloomberg Business News HONGKONG Two more members of the Jardine stable yesterday said that they might consider delisting their shares from the Hongkong Stock Exchange in line with the move taken by
    Reuter,; Bloomberg Business News  -  407 words
  • Article
    Three Ngiam family members sell IPC shares for $32m
    308 1 SINGAPORE Three directors of Singapore's best-known personal computer maker IPC Corporation, all members of the founding Ngiam family, yesterday swapped part of their shareholdings for cash $32.2 million to be exact. IPC's company secretary, in a statement yesterday evening, said Lauw
    308 words
  • Article
    Lock icon Fed may raise rates in July: economist
    174 1 Bloomberg Business News NEW YORK Wayne Angell. chief economist at Bear. Stearns Co. said the Federal Reserve may raise interest rates at the July meeting of its Federal Open Markets Committee, spurred by 4.6 per cent growth in gross domestic product in the
    Bloomberg Business News  -  174 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon COE price escalation in overdrive
        345 2  -  By Dexter Lee IF you arc thinking of buying a car, don't think. Just do it. Otherwise, you could end up paying a whole lot more for a certificate of entitlement (COE) in the next couple of years. Already, COE prices are on the uptrend,
        Source: Vickers Ballas  -  345 words
    • Article, Illustration
      Demand for industrial properties stayed firm in first quarter: JTC
      266 2 DEMAND FOR ready-built factories and industrial land remained firm in the first three months of this year. In a quarterly report released yesterday, industrial landlord Jurong Town Corp said demand was led by the standard factory segment. This posted an
      266 words
    • Article
      Appetite for condos healthy but not voracious
      531 2  -  Prices for latest two condo launches in line with benchmarks for prime areas: analysts By Abdul Hadhi, A J Leow THE two latest condo launches have shown buying interest is still healthy, but they have not drawn the same queues as projects that
      531 words
    • Article
      Ho Bee Group awaits approval for Guangdong project
      228 2 THE HO Bee Group seeks to move further afield in the property market and is planning a residential-cum-com-mcrcial complex in Dongguan in Guangdong province, China. Speaking after launching a sculpture exhibition yesterday. Ho Bee chairman Chua Thian Poh said the China development,
      228 words
    • Article, Illustration
      Lock icon Four ways for local support industries to be more competitive: Goh Chee Wee
      428 2  -  By Soh Tiang Keng LOCAL industries that support multinational companies (MNCs) should upgrade their operations to sharpen their competitive edge. Minister of State for Trade and Industry Goh Chee Wee said yesterday. He suggested four ways in
      Photo by Chris Loh  -  428 words
    • Article
      French power firm eyes tie-ups in S'pore
      304 2  -  EDF opening office here to coordinate regional ventures By S N Vasuki ELECTRICITE dc France (EDF). one of Europe's largest utility companies, is opening a representative office in Singapore to coordinate its investment plans in the region. Faced with a saturated home market,
      304 words
    • Article
      Motorola wireless systems aim to fill phone service gap
      192 2  -  CommunicAsia94 Reports by Juliette Walker MOTOROLA launched a family of wireless systems yesterday to extend telephone services to urban and suburban areas more quickly and economically. Making the announcement at CommunicAsia94. Gary Garrity, Motorola vice-presi-dent and general manager of personal communications
      192 words
    • Article
      Odetics sells new video-archiving system to SBC
      230 2 CALIFORNIA-based Odetics has sold a newly-developed automated videotape library system to Singapore Broadcasting Corporation. The order for two "CacheMachine" systems is worth over US$l million (SSI.S million), Frank Borst, director of global business development for Odetics Asia Pacific, told BT yesterday. He said
      230 words
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      212 2 rjt.AN tpARLZON EMI N A R P I From moments of truth towards the age of paradoxes Winning the Customers Revolution Seminar conducted by: Mr. Jan Carlzon Former C.K.O. and President of Scandinavian Airlines System and author of the best selling management book "Moments of Truth". Venue: The Regent Singapore
      212 words
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  • SOUTH-EAST ASIA
    • Article
      Petronas buys stake in Aussie gas pipeline for A$125m
      338 3  -  From Brian Gomez in SYDNEY MALAYSIA'S national oil company, Petronas, has taken a Asl2s million (SS 112.6 million) plunge into Australia's natural gas market by purchasing a 24 per cent stake in a 1,300 km natural gas pipeline network. Australian Minister
      338 words
    • Article, Illustration
      Lock icon Manila court allows conference on East Timor
      331 3 AP, AFP MANILA A conference on Indonesia's annexation of East Timor opened yesterday after the Supreme Court ruled it could go ahead as planned despite Indonesian demands on the Philippines to stop it. However, the high tribunal also upheld President Fidel Ramos' ban
      AP,; AFP; Reuter  -  331 words
    • Article
      Lock icon Minister ordered Bapindo bank credit, court told
      415 3 Witness tells of role of former finance minister Sumarlin Reuter JAKARTA The former head of an Indonesian slate bank said in eourt yesterday that he was instructed by a former finance minister to continue issuing bank acceptances for businessman Eddy Tansil, at the
      Reuter  -  415 words
    • ASIA NOTES
      • Article
        Sabah Foundation missing up to M$4b
        117 3 KOTA KINABALU Between Ms 3 billion and Ms 4 billion were missing from the Sabah Foundation under the previous governments. Malaysian Prime Minister Mahathir Mohamad yesterday said: "I found that the people of Sabah have been cheated because a study so far showed that
        117 words
      • Article
        Lock icon KL trade deficit at M$848m in February
        64 3 Bernama Bernama KUALA LUMPUR Malaysia's balance of trade in February recorded a deficit of M 5847.9 million (*****.2 million) compared to a surplus of M 5343.9 million a month earlier. The Statistics Department said yesterday that the trade deficit for February was also
        Bernama  -  64 words
      • Article
        Lock icon Two-day meeting on Asean ends
        61 3 Reuter MANILA Ten Asian nations ended a secretive two-day meeting in the luxury Manila hotel yesterday after discussing the future of Asean. Participants to the meeting included Asean's six member nations along with Vietnam, Laos, Myanmar and Cambodia. The meeting considered expanding Asean to embrace
        Reuter  -  61 words
      • Article
        Lock icon Over 15pc of Viet joint ventures fail
        82 3 AFP HANOI More than 15 per cent of the joint ventures launched since Vietnam opened its economy in 1987 have failed or are on the brink of bankruptcy, according to ofFicial statistics published in army daily Quart Doi Nhan Dan yesterday. The failure
        AFP  -  82 words
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      Page 3 Advertisements Column 1
      168 3 HS&# NT 1 T'rs 8 -a! l iufc-jii ■Vki For worldwide communications solutions, talk to your local partner. We believe that the most effective communi- which are based on the latest international To date, more than 129 million digital lines are w cations solutions combine global experience communications technologies such
      168 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China firms need to divert investments in HK to mainland projects: official
      424 4 Reuter HONGKONG China has become the second biggest investor in Hongkong but anyone who expects a cash flood from the mainland before and after it takes back the colony in 1997 is wrong, a senior Chinese official said.
      Reuter  -  424 words
    • Article, Illustration
      Lock icon Toy Kingdom under attack
      60 4 Reuter TAIPEI Taiwan, dubbed "Toy Kingdom" in the late 1980s, is under siege from stylishly dressed blonde Barbie dolls and pizza-kmng Mutant Ninja Turtles from abroad. Imported toys accounted for 78 per cent of the domestic toy market last year, thanks to foreign influence and the
      Reuter  -  60 words
    • Article
      Lock icon Beijing to plough more funds into farm development projects
      335 4 AFP BEIJING The Chinese government is to invest 1.9 billion renminbi (***** million) in its agricultural development programme this year, up by 200 million renmimbi over 1993, the China Daily said on Monday. Agricultural development programme official Wang Xinjian was quoted
      AFP  -  335 words
    • Article
      Lock icon Citic wants to invest in Taiwan
      333 4 KnightRidder Reuter, ST CiALLIiN. Switzerland China International I rust and Investment Corp (Citie). one of China's largest business empires. would like to invest in Taiwan and hopes restrictions there will soon he lifted. "I am longing to get into Taiwan but at the moment
      Knight- Ridder; Reuter,  -  333 words
    • Article
      Lock icon Taipei parliament okays deficit budget for fiscal 95
      389 4 AFP TAIPEI Taiwan's parliament has approved a stringent budget for fiscal 1995 beginning July 1 with a 3.34 per cent drop in value from the current fiscal year. Otficials yesterday said parliament, or the Legislative Yuan, finished the third reading of the
      AFP  -  389 words
    • Article
      Lock icon China won't ease lending for construction projects
      315 4 Bloomberg Business News BEIJING China's central government has rejected mounting calls by regional leaders to ease lending for construction projects in the second half of the year, major papers reported yesterday. "Inflationary pressures have not been rooted out yet," Zhou Zhenqing, vice-governor of
      Bloomberg Business News  -  315 words
    • Article
      Lock icon Envoy sees end to HK airport funding row
      223 4 AFP HONGKONG British ambassador to China Robin McLaren said yesterday that negotiations with Beijing on financing Hongkong's multi-bil-lion dollar new airport could be resolved soon. Mr McLaren, who arrived here for a short visit in which he is expected to meet Governor
      AFP  -  223 words
    • CHINA WATCH
      • Article
        Lock icon China aims for chemical clean-up
        38 4 AP I3EIJING China will use environmentally clean, high-tech equipment to pull its chemical industry in line with international standards by the year 2000, Gu Xiulian, minister for the chemical industry, said yesterday. AP
        AP  -  38 words
      • Article, Illustration
        Lock icon Big bang in Taipei street
        55 4 Reuter TAIPEI It was a big bang of sorts in a street here yesterday when an airport coach was involved in a collision with 24 cars. Miraculously, only four passengers were hurt, while one of the drivers sporting a neck-tie walked away from the wreckage,
        Reuter  -  55 words
      • Article
        Lock icon Jiang on importance of Deng theory
        69 4 AFP IiEIJING Chinese President Jiang Zemin hammered home yesterday the importance of studying Deng Xiaoping theory during an impassioned call for party discipline, just days before the fifth anniversary of the Tiananmen Square massacre. He stressed that a proper grasp of patriarch Deng's socialist
        AFP  -  69 words
      • Article
        Lock icon Six top Asia TV journalists quit
        40 4 Reuter HONGKONG Six senior journalists at Hongkong's Asia Television (A I V) have resigned after the management refused to air a documentary on the 1989 Tiananmen massacre, employees at the station said yesterday. Reuter
        Reuter  -  40 words
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      Page 4 Advertisements Column 1
      464 4 Una E Marketing Institute of Singapore XECUTIVE DEVELOPMENT PROGRAMMES Date: 30 31 May 94 Time: 9am spm Holiday Inn Parkview Fees: $618 (MIS member) 772.50 (Non-member) Closing Date: 18 May, 1994 Seminar Objectives To provide managers with a practical understanding ot the strategic issues involved in brand management and with
      464 words
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      162 5 Pacific Century Group Is Pleased To Offer Singapore A Gift Of Music. Hr —K..1.H i i na; .IMJMiMi^—U—^^——i^ma i < i J Sarah Chang In Concert Tonight At B:lspm Presented by thejjngapore Accompanied by the Singapore Symphony Orchestra. Conductor: Choo Hoey Venue: Victoria Concert Hall i At her debut in
      162 words
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  • REST OF ASIA
    • Article
      Lock icon Indian firms' earnings up 72pc in big plus for Rao policies
      488 6 Bloomberg Business News NEW DELHI If the spectacular earnings season just completed in India is any judge, this nation of 800 million souls may soon finally live up to its much-touted economic promise. The financial results of 231 Indian
      Bloomberg Business News  -  488 words
    • Article, Illustration
      Lock icon Able and willing
      56 6 Reuter SEOUL The first batch of 20,000 foreign workers who will be working in South Korea's small and medium-sized enterprises arrived at Seoul Kimpo International Airport yesterday. With the perennial labour unrest coming to a boil, their respective employers must be as glad to see them as
      Reuter  -  56 words
    • Article, Illustration
      Lock icon Japanese premier faces daunting economic agenda this month
      533 6 Reuter TOKYO Prime Minister Tsutomu Hata faces a daunting economic agenda of US-Japan trade talks, tax reform and deregulation this month, and analysts say prospects for breakthroughs by his frail minority government are dim. Topping the list of economic tasks ahead are
      Reuter  -  533 words
    • Article
      Lock icon Economic boom pushes NZ to first fiscal surplus since 1978
      283 6 Reuter WELLINGTON The New Zealand government, which only seven months ago was predicting a budget deficit, said yesterday it would run a substantial surplus for the year to June and seize the chance to pay back debt. Finance Minister Bill
      Reuter  -  283 words
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      279 7 v v ",v j '.V-> \*s? I < uf 1 "Is?': 4 V ,J .'y <\> > j i\ •> 1 i" v I ■":J. Voi' x :,t 3 I rials' > i 'I- l 1 I s X ni < t M': <_ I JsuKfit of if j •*'.<.■•.
      279 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      77 8 A new chapter. M THE ETERNAL MERCEDES-BENZ S-CLASS. Announcing the rejuvenation of a legend. The flagship of Mercedes Benz has now been reborn with technological refinements and a redefinition of its classic shape. For the experienced and the few to whom the privilege of ownership belongs, on^^H I ■H >ynuaT>>>«
      77 words
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  • THE WORLD
    • Article
      Lock icon US consumers going slow on spending
      419 10 Reuter WASHINGTON Consumer spending turned lower in April despite a continued rise in incomes, the Commerce Department said yesterday, suggesting that Americans may be slowing their consumption binge. Spending fell 0.1 per cent to a seasonally adjusted annual rate of US$4.6 trillion (557.03 trillion)
      Reuter  -  419 words
    • Article, Illustration
      Lock icon Where a meal a day is a luxury
      52 10 Reuter PORT-AU-PRINCE, Haiti Hungry Haitians waiting for a feeding centre here to open on Monday and give them their one meal a day. Because of the embargo and high prices of food, many of the city's poor rely on humanitarian organisations for
      Reuter  -  52 words
    • Article
      Lock icon US survey sees active 3rd quarter hiring
      368 10 Reuter CHICAGO Job-seekers may have the best chance of finding a position in the next few months than in any time in the past three or four years, according to a survey released on Monday. The quarterly survey of hiring trends among 15,000
      Reuter  -  368 words
    • Article
      Lock icon Money growth could mean higher inflation: Bundesbank
      213 10 Bloomberg Business News FRANKFURT The Bundesbank yesterday gave markets their biggest inflation scare of the year when Otmar Issing, the bank's chief economist, warned that double-digit money supply growth would mean a pickup in prices. His comment that Bundesbank monetary policy was "pre-programmed"
      Bloomberg Business News  -  213 words
    • Article
      Lock icon Britain close to victory on revising European labour law
      225 10 FT LONDON The UK government is on the verge of winning an important policy reform from the European Commission over limiting the scope of European labour legislation in the case of the con-tracting-out of public services. The government has been lobbying
      FT  -  225 words
    • WORLD WATCH
      • Article
        Lock icon Russian central bank to cut rate
        97 10 Reuter MOSCOW Russia's central bank will cut its discount rate this week in response to falling market rates. Bank chairman Viktor Gerashchenko said yesterday this would be the third cut in the three-month refinancing rate in just over a month. It was gradually lowered
        Reuter  -  97 words
      • Article
        Lock icon French jobless rate edges up
        87 10 AP PARIS France's unemployment rate edged higher to 12.3 per cent in April, up 0.1 percentage point, the French Labour Ministry said yesterday. The ministry said 4,900 new job-seekere were registered, bringing the country's total number to a seasonally adjusted 3,325,800. April's increase breaks a
        AP  -  87 words
      • Article
        Lock icon Nato chief to skip Istanbul meet
        95 10 AFP BRUSSELS Nato Secretary-General Manfred Woerner, who is recovering from cancer, will not chair a meeting of the Western alliance's foreign ministers in Istanbul on June 9 and 10, Mr Woerner said yesterday. In a letter released by the North Atlantic Treaty Organisation here,
        AFP  -  95 words
      • Article
        Lock icon Beirut casino firm seeks partners
        75 10 Reuter BEIRUT rhe company licensed to reopen the Casino du Liban is seeking foreign partners to restore, expand and manage the famed gambling and entertainment complex, its president said. Habib Letayf, whose Compagnie du Casino du Liban won a 30-year concession to operate the casino
        Reuter  -  75 words
      • Article
        Lock icon EU's trade deficit with Japan down
        84 10 AFP BRUSSELS The European Union's trade deficit with Japan shrank by 18 per cent in the first half of 1993, the EU's statistical kujwtat reported yesterday. It said the deficit had fallen to 1.3.5 billion Ecu (5524.17 billion), down from 16.5 billion Ecu in
        AFP  -  84 words
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      815 10 E3 HTP HOLDINGS LIMITED The Directors are pleased to announce the following results: 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 1994 Group Company 1994 1993 1994 1993 WSS'OOO Ssooo SS'OOO SS'OOO Turnover 29,088 20,317 43 2,978 2.792 7 Other income Operating profit before taxation. interest on borrowings and
      815 words
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  • SPORTS
    • Article, Illustration
      Lock icon Price savours victory in 'never-ending tournament'
      407 11 Golf AP FORT WORTH, Texas In a decade on the American golf circuit, Nick Price of Zimbabwe has won 11 tournaments, including four in 1993, when he was the PGA Player of the Year. But nothing quite compares with his triumph in the storm-ravaged
      AP  -  407 words
    • Article, Illustration
      Lock icon Olazabal comes from behind to win
      499 11 AP VIRGINIA WATER, England US Masters champion Jose Maria Olazabal made up a three-stroke final round deficit with a blistering back nine on Monday to win the European PGA Championship. He birdied five of the final eight holes just missing an eagle on the
      AP; Reuter  -  499 words
    • Article
      Lock icon Courier dashes Sampras' Grand Slam hopes
      779 11 French Open Graf, Pierce win decisively for semi-final showdown tomorrow AP PARIS Jim Courier dashed arch-rival Pete Sampras' dream of a fourth straight Grand Slam title, outplaying the world No I in four sets yesterday in the French Open quarter-finals. Courier, hoping to regain
      AP  -  779 words
    • SPORT SHORTS
      • Article
        Lock icon Cricket
        107 11 AFP LONDON World No 1 batsman Brian Lara earned consolation for failing to equal the world record of six consecutive centuries by making it six out of seven at Lord's on Monday. The West Indian lefthander hit 22 fours and a huge six on to the roof of the
        AFP  -  107 words
      • Article, Illustration
        Tennis
        68 11 PARIS French Open Men's singles quarterfinal yesterday: Sergi Brugucra (Spn) b Andrei Medvedcv (Ukr) 6-3 6-2 7-5; Jim Courier (US) b Pete Sampras (US) 6-4 5-7 6-4 6-4. Women: Conchita Martinez (Spn) b Sabine Hack (Ger) 2-6 6-0 6-2; Mary Pierce (Fra) b Petra Ritter (Aus) 6-0 6-2; Steffi
        68 words
      • Article, Illustration
        Baseball
        73 11 NEW YORK Major League Monday American: Boston 6 Kansas City S (in 10); Milwaukee 4 Texas 5; Minnesota 0 Seattle 12; NY 2 Chicago 7; Cleveland 10 California 2; Baltimore 3 Detroit 5 (in II); Toronto 2 Oakland 6. National: Houston 4 Florida 3; NY 2 Colorado 12; Chicago
        73 words
      • Article, Illustration
        Golf
        114 11 WENTWORTH, England British PGA championship final round Monday: 271 Jose Maria Olazabal (Spn) 67 68 71 65 272 Ernie Els (SA) 66 66 71 69 274 Bernhard Langer (Gcr) 69 70 67 68 276 Joakim Hacggman (Swe) 69 69 70 68, Miguel Angel Jimenez (Spn) 68 66 72 70
        114 words
      • Article, Illustration
        Lock icon Soccer
        198 11 AP AP NOORDWIJK, Netherlands Dutch star Ruud Gullit walked out of the national team's training camp on Monday, declaring that he will not play in the World Cup finals. Gullit's walkout shocked the nation and was the top item on all news conferences. Gullit said hewould not give a
        AP  -  198 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        105 11 Reuter TOKYO American sumo superstar Akebono is flying to Los Angeles for a knee operation, but hopes to return to Japan within a week to begin rehabilitation. Akebono. the first foreigner to attain the rank of yokozuna (grand champion) in Japan's ancient sport, was forced to pull out
        Reuter  -  105 words
      • Article, Illustration
        Lock icon Yachting
        70 11 AP SOUTH AM PI ON, England /Vt-n Zealand Endeavor and Tokio increased the leads over their respective rivals on Monday on the tinal leg of the Whitbrcad Round the World Race. The Maxi yacht Endeavor increased its lead over Swiss Maxi Merit Cup from 55.2 km to 128.8 km.
        AP  -  70 words
    • Article, Illustration
      Lock icon Double play spoiler
      41 11 Reuter CHICAGO Chicago Cubs' shortstop Shawon Dunston sailing over Philadelphia Phillies' Mariano Duncan as Duncan slides into second base in an attempt to break up a double play hit by Ricky Jordan. Chicago won the match 3-0. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Pacers win at home to level series 2-2
      406 11 1994 NBA playoffs AP INDIANAPOLIS The Indiana Pacers won again at home on Monday. Now comes the challenge of winning at New York. Reggie Miller played the decisive role in the fourth quarter as the Pacers evened the Eastern Conference finals 2-2
      AP  -  406 words
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      56 11 Omaruman mi k j 11 lil mHS >•>- li t; sr. is. «v?m wnr H §>& Wsl W W* <k* V* i WINNING FORMULA (ftmaruman Sole Agents for Brunei, Indonesia, Malaysia, Philippines. Singapore, Thailand, Hong Kong China: Grand c Pte. Ltd. 545 Orchard Road #02-27, Far Easl Shopping Centre. Singapore
      56 words
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      Page 12 Advertisements Column 1
      698 12 Nothing Beats A Bud, or fresh! .PASTA SDAILY. W From Pasta Fresco. Tbo only restauront to moko its own spociatty pasta. Fresh, evaryday. Savour portsct pizza, groat jMU/ y i, m |.r,--. ,-Ifl. it, A|| tmr>r>^rl 9®kiti ana iviilive Tiramisu. mv Toppea v .--I*4* Is nlll, wiiii iimiun ffOSfMrairry. •30
      698 words
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      Page 12 Advertisements Column 2
      305 12 WHERE TO WINE, DINE AND ENTERTAIN To Savour Hi# World, Get A Fresh Stqrt mHuHPn Our International Buffet at Cafe Plaza is a world of culinary delights. Starting with a bed of the freshest Rock Oysters. Followed by a sumptuous spread of everything from French and Italian, to Japanese, Thai
      305 words
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      Page 12 Advertisements Column 3
      303 12 lELnomglio Jbinonagllio fc/iioiigllio 'Enough is enough. 35 appetisers, 20 desserts plus 6 main courses. 'When our guests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they alioays endup conceding that they ire had more than enough. Come try it to believe. iQQ
      303 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Season of tell-tale signs
      1126 13  -  Picnics and tourists mean summer has come to New York, Rick Bragg confirms Rick Bragg NYT SUMMER in New York is not a date. People ignore the calendar like they ignore the DO NOT WALK sign. Summer is a four-year-old girl who wiggles to reggae in
      NYT  -  1,126 words
    • Article
      Lock icon Kohl hands back stolen masterpieces to France
      284 13 Reuter GERMAN Chancellor Helmut Kohl, in a gesture laden with historical significance, handed back the first of 28 masterpieces taken from France by the Nazis during World War Two and later kept by communist East Germany. Most are believed to have belonged to
      Reuter  -  284 words
    • Article, Illustration
      Lock icon Cher rethinking her life
      397 13 UPI UPI UPI Reuter SINGER-ACTRESS Cher says she's spent the last few months examining her life, and has concluded that it's time to change the direction of her multi-faceted career. "Hopefully, 10 years from now, I will be doing something completely different. I've been rethinking my
      UPI; Reuter  -  397 words
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      Page 13 Advertisements Column 1
      153 13 EXTRA! A EXTRA! EXTRA! Here's fabulous news for those who believe in A Value for money. Besides our usual hearty spread of local favourites, our Executive Chef has lavished 0 additional cuisines such as Laksa, Chwee Kweh with Chai Poh, Bread and Butter Pudding Hand many others with absolutely NO
      153 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1239 13 TV««APK> ~l 1 aHu WM& C sZM sbc 5 m l, Interesting things can happen t. when your parents pop in for a visit. Herman torn between v being the son he 4 v>/j| and spending some y and being the j B worker he ....J t ugß| important nßi|H
      1,239 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Wanted: dose of humility to herald new dawn
      1491 14  -  Role of East Asia in Asia's rise ANWAR IBRAHIM ANWAR IBRAHIM Mr Anwar is Deputy Prime Minister and Finance Minister of Malaysia. This is an excerpt of his address in Singapore recently to the Asia Society Conference on Waves of the Future
      1,491 words
    • Article, Illustration
      Asean comes of age as new challenges loom
      1654 15  -  Role of South-east Asia in Asia's rise S JAYAKUMAR S JAYAKUMAR Prof S Jayaktimar is Singapore's Minister for Foreign Affairs an J Minister for Law. This is an extract of his address in Singapore recently to the Asia Society Con ference on
      1,654 words
    • Article, Illustration
      Thailand eyes linchpin role in Indochina development
      1217 15  -  AMNUAY VIRAVAN AMNUAY VIRAVAN Dr Amnuay Viravan is a Deputy Prime Minister of Thailand. This is an excerpt of his address in Singapore recently to the Asia Society Conference on Haves of the Future Asean, Vietnam and China. FOR more than 30 years.
      1,217 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      270 14 Long recognised as die exclusive une< J ualleJ advanta g es Jj- ma y COm e aS SUrpriSe, DUt SL symbol of the privileged elite, The ultimate in first class travel, Rolls-RoVCe isil t for tIIOSC With money. R<*-Royct M<eor( jn Ijmwd a Rolls-Royce is unquestionably the a Rolls-Royce projects
      270 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      90 15 8 V The Orchard Hotel And Orchard Retail 5 Star 280 room hotcl oftcred with Commercial Complex vacant p° sscss,on Perth, Western Australia 4 lcvcl rctaii/comm-rciai complex with approximately 4057sqm net For Sale by Expression of Interest lettable area. closing 5.00pm July, 20th 1994. Strategically loeated on high exposure CBD
      90 words
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  • Article
    Indonesia's conglomerates under fire
    511 16 EDITORIAL REACTING to a new wave of complaints about the grip of conglomerates on the national economy, Indonesia's President Suharto has renewed his defence of the country's giant conglomerates, arguing that critics overlook the benefits they bring the country. The president was quite right when he
    511 words
  • WHAT THE OTHERS SAY
    • Article
      NMPs showing the way
      300 16 THE CHALLENGE for Singaporeans who clamour to be heard and consulted more and to have a hand in setting the country's destiny is to move from being spectators who, win or lose, contribute only their vocal chords. However, they know only too well the demands will
      300 words
    • Article
      Independent retirees
      113 16 The Singapore National Co-operative Federation's proposed retirement village should be seen as a proactive step. The concept is meant to house old people but it is not a home for the aged. The basic philosophy is to give independent retirees a sense of freedom and enterprise in continuing
      113 words
    • Article
      US role still much needed
      147 16 PRESIDENT Clinton said it is impossible for the US to send its troops to solve all the problems facing the world in these times. He felt that there is a limit to which he can do the things he wants as a president. Mr Clinton's
      147 words
    • Article
      Spending wisely within limits
      135 16 ONE OF the greatest differences between public and private sector is of course the profit motivation. Profit has to be the bottomline in the private sector, while the public sector has to concentrate on sustainable service. Consumers, as workers and individuals, have all at one time
      135 words
    • Article
      Clinton's sensible move
      102 16 PRESIDENT Bill Clinton's decision last week to renew China's Most Favoured Nation trade status automatically ended the policy of linking human rights with trade which the US government had drummed up in bilateral and multilateral negotiation over the past year. However bitter might have been the lessons
      102 words
    • Article
      Israel must play by the rules
      157 16 RECENT comments made by Yasser Arafat in a mosque in Johannesburg have surprisingly raised a storm of protest by Israeli government officials and right-wing opposition leaders. Surprising because the Israelis have interpreted the speech, which referred to a deal struck between Mohammed and the
      157 words
  • Article, Illustration
    Why I renewed China's MFN status: Clinton
    1111 16 US President outlines how he will continue to press for human rights in China WHILE much of the world's attention has turned to Europe. the D-Day celebration, and the triumph of our values over tyranny in the long Cold War. we must not
    1,111 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      163 16 m jaag IB« 52*2HSKSL NOMINATION FORM SOMEONE WHO... i lwouklliketonominate Possesses outstanding I Name entrepreneurial and Designation intrapreneurial skills? I Organisation Has been a leading player in 1 Business Address the success of his/her own j organisation? I Office Tel Fax Has contributed significantly w j I My reasons tor
      163 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      73 16 a3a53g3851 /STRONG STUFF— LOHOI D£*R SIR TO OJ* LerneßX I G cofcflTNG p JusT Of "tVAC ue VOOULD V (ft ptjyJ foivir OUT TMRT uc UFVe. v pp., y NO RePuy unuess ue Mep\P. &y RCTURN *-oill j PLFNCC, Twe mptteg \N -me. HFWS/ Nw. x i OF Qo£ SOLICITORS
      73 words
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  • ANALYSIS
    • Article, Illustration
      Gatt battle royal looms large in Congress
      1476 17  -  Backers of the new accord fear its opponents on Capitol Hill may try to delay a final vote until next year. Leon Hadar reports Leon Hadar The writer is BT's Washington correspondent WHEN US VicePresident A 1 Gore and America's top trade officials
      1,476 words
    • Article, Illustration
      Where the smart money is headed
      1093 17 Despite the expected recovery in Europe and the US, the allure for global investors is in the emerging markets of Asia and Latin America AMERICAN investors in European stocks and bonds experienced a bad case of deja vn last week: European markets plunged on
      1,093 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      384 17 SINGAPORE# m Business Times WE KNOW ASA Batam: 1 f 1 TJ Commercial Services has landed: sksmssxi 5 Puktu Batam Til: *****2/3 F0x.*****2 1 f Brunei: I X Seria Book Store Block 'D' Hainan Association Bldg V Jala* Pretty, Kuala Bekat x P.O. Box 410, Kuala Belait 6004 V Brunei
      384 words
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  • Article
    Lock icon Japan accuses America of breaking world trade rules
    632 18 Reuter, AFP TOKYO Japan has turned the tables on the United States, charging Washington with breaking international trade rules and using unilateral measures to resolve trade disputes. "The US is without parallel in imposing measures that force its trading partners to abide
    Reuter,; AFP  -  632 words
  • Article, Illustration
    Lock icon Mubarak urges greater partnership with rich nations
    433 18 Non-Aligned Movement meeting Reuter CAIRO Egyptian President Hosni Mubarak inaugurated a meeting of non-aligned foreign ministers yesterday, urging cooperation with wealthy nations to help promote the developing world. The meeting also saw South Africa formally join the movement, pledging to share with developing
    Reuter  -  433 words
  • Article
    Jaya calls for new priorities for next century
    345 18 SINGAPORE The NonAligned Movement should set itself new priorities for the next century to avoid becoming irrelevant. Singapore's Foreign Minister, S Jayakumar, yesterday said that as a movement, NAM was at a strategic crossroads between the past of superpower conflict and confrontation
    345 words
  • Article
    Lock icon Hata is 12th richest in 21-member cabinet
    274 18 AFP TOKYO Prime Minister Tsutomu Hata could be considered middle class in the rankings of his Cabinet's personal assets. Figures show that Mr Hata is the 12th wealthiest person in the 21-member Cabinet of Japan's coalition government, which ranges from affluent conservatives to
    AFP  -  274 words
  • Article
    Lock icon Nissan crashes to 202b-yen loss on lower sales, stronger currency
    338 18 AFP TOKYO Nissan Motor Co yesterday announced a group pre-tax loss of 202.4 billion yen (552.97 billion) in the year to March, widening the previous year's loss of 108.1 billion yen. Japan's second largest carmaker said global sales fell 6.4
    AFP  -  338 words
  • Article, Illustration
    Lock icon Court orders Manila foreign secretary to be jailed
    185 18 Reuter MANILA A Philippine anti-graft court yesterday ordered Foreign Secretary Roberto Romulo jailed for contempt for repeatedly defying court orders. Justice Romeo Escareal ordered Mr Romulo arrested and detained for refusing to issue travel documents to businessman Roberto Benedicto, a close associate
    Reuter  -  185 words
  • Article, Illustration
    China must now assume superpower responsibilities
    653 18  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a BT copy editor US President Bill Clinton's decision to renew China's Most-Favoured-Nation trading status is a victory for pragmatism in international relations. The episode should not be seen as a capitulation
    653 words
  • Article
    Lock icon US consumer confidence dipped more than expected in May
    325 18 Bloomberg Business News, AFP NEW YORK The Conference Board said its index of US consumer confidence fell to 87.6 in May from a revised 92.1 in April, in part because of rising interest rates. The rise in interest rates since the
    Bloomberg Business News,; AFP  -  325 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      7 18 coMfwawm Authorised Dealer For Singapore China LE2!£E2J
      7 words
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      Page 18 Advertisements Column 2
      114 18 ENHANCE J\ msam Memory Products Inc. y I MICRO Upgrades for Your PC US consumers going slow on spending, Pg 10 SINGAPORE K}JALA LUMPUR NGEE ANN OOEON TOWERS LM MBtARA IMC CTTY |Opp. RaflM Tm (Opp Shangri-La Hotel) Iftirhaid m m V Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-339
      114 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 19 Weak 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Baring. Daiwa. Fraser. GK Goh. Morgan Grenfell. Nomura. Phillip. Smith New Court, W I Carr.
        40 words
      • Article, Illustration
        HOT STOCK
        123 19  -  By Quak Hiang Whai SINGAPORE Technologies Industrial Corporation is seeing very healthy volumes in the last few sessions at a time when the market overall volumes have been sluggish. On the daily chart, the rising trend appears intact though there is no overwhelming bullish or bearish signals. The
        123 words
    • Article
      Jurong Cement, Sea View in China cement ventures
      393 19  -  By A J Leow SINGAPORE Jurong Cement and Sea View Hotel have teamed up with insur-ance-based investment company Asia General Holdings to invest in two cement plants in China's Zhejiang province. Jurong Cement and Sea View said yesterday that a joint venture
      393 words
    • Article
      Windfall from Van Der Horst investment allows M Resources to meet profit forecast
      494 19  -  From Ho Kay Tat in KUALA LUMPUR TRADING GAINS from a brief but deft investment in Singapore's Van Der Horst Ltd helped Malaysian Resources Corp Bhd (MRCB) meet its 1993 pre-tax profit forecast of M 563.5 million
      494 words
    • Article, Illustration
      Lock icon Perlis Plantations sees good showing this year
      251 19 Bernama KUALA LUMPUR Perlis Plantations Bhd says its prospects this year remain bright on the back of the strong Malaysian economy. Chairman Kuok Khoon Ean said in the company's latest annual report, released yesterday, that manufacturing and services and hotel businesses should contribute
      Bernama  -  251 words
    • Article
      The major STIC announcement that wasn't
      620 19  -  HOCK LOCK SiEW By Genevieve Cua SINGAPORE Singapore Technologies Industrial Corporation's latest announcement that it would buy a half-share in a logistics management company was rather like a firecracker that promised a bang but went off with a whimper. There is little doubt in
      620 words
    • Article
      HK's Elec & Eltek plans S'pore listing of PCB business
      273 19  - HK's Elec Eltek plans S'pore listing of PCB business From Lim Soon Neo in HONGKONG HONGKONG printed circuit board (PCB) manufacturer Elec Eltek International Holdings Ltd received approval from shareholders yesterday for the proposed listing of its PCB business on the Singapore exchange. Canice Chung, executive director of the company,
      273 words
    • Article
      HTP's net earnings jump 37pc to $2.4m
      153 19 SINGAPORE HTP Holdings said its net earnings for the year ended March 31, 1994, surged 37 per cent to $2.43 million, thanks mainly to increased property sales in New Zealand and profits and dividends from investments. Turnover for the listed group rose 43
      153 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Lityan ventures into satellite telecoms
          58 20 Bernama KUALA LUMPUR Lityan Holdings Bhd is expanding its business into the telecommunications industry, particularly in satellite telecommunications since the industry promises bright prospects, chairman Quek Sim Pin said. Lityan also intends to capitalise on its subsidiary Slam Atomised Metal Sdn Bhd's advanced technological skills
          Bernama  -  58 words
        • Article
          Lock icon MHS gets nod for proposed bonus issue
          78 20 Bernama KUALA LUMPUR The Securities Commission has approved Malaysian Helicopter Services Bhd's proposed bonus and employees share option scheme without any revision, Bumiputra Merchant Bankers Bhd said on behalf of the company yesterday. MHS is proposing a bonus issue of 188.7 million new
          Bernama  -  78 words
        • Article
          Bonvest to sell Shelford condos
          63 20 SINGAPORE Bonvest Holdings said in its annual report that it expects to sell its 256 condominium units at Shelford Road in mid-1994. Bonvest said the project will be launched once building plans approval is granted. The group said it is confident that the residential project,
          63 words
        • Article
          Lock icon Approval for Creative's 1-for-1 bonus
          49 20 Bloomberg Business News SINGAPORE Sound-card maker. Creative Technology Ltd, said its shareholders yesterday approved its proposal for a one-for-one bonus issue of ordinary shares. The approval will double the number of outstanding Creative shares from approximately 44 million to 88 million. Bloomberg Business News
          Bloomberg Business News  -  49 words
        • Article
          Lock icon Bangkok Land's profit up 3pc
          64 20 Bloomberg Business News BANGKOK Bangkok Land, Thailand's largest listed property developer, said its consolidated net profit for the fiscal year ended March 31 was 5.03 billion baht (SS3O4 million), an increase of 3 per cent. On a per-share basis, earnings were 8.38 baht compared to
          Bloomberg Business News  -  64 words
      • Article
        Lock icon Malaysia's Topgroup to set up factory in China
        169 20 Bernama KUALA LUMPUR Topgroup Holdings Bhd (Topgroup), an air-conditioners manufacturing company, expects to establish a manufacturing factory in China in the first quarter of next year, said its managing director Yeo Seo Chiong yesterday. "We are still discussing with the authorities on
        Bernama  -  169 words
      • Article
        Untitled
        493 20 Managers' pricts Jun I US Gr Fund 1.03 107" Singapore Unit Trust Ltd The Commerce 1.66 l.76xd imt n< The Savings Fund 1.55 164 Ln,bond+ 1.025 05 S pore Pro? Fund 0.69 0.73 I ni cd Gr Fund' 69 L76 Spore SecFund 103 1 09 United Asia Fund 169 1.79*
        493 words
      • Article
        AT&T close to selling Thai unit to local investors
        488 20 BANGKOK Telecommunications giant AT&T is close to a deal to sell a Bangkok-based manufacturing subsidiary to a group of local investors. "The negotiations are pretty far along," Greg German, managing director of AT&T Telecommunications Products (Thai) Ltd, said yesterday. "They could
        488 words
      • Article
        Lock icon ASM plans joint ventures to make tyres, motorcycles in China
        387 20 Bernama KUALA LUMPUR The Amalgamated Steel Mills Bhd (ASM) group has proposed two joint ventures to manufacture tyres and motorcycles in China to tap its rapidly expanding market. The ventures would be undertaken with its subsidiary, Angkasa Marketing Bhd, which
        Bernama  -  387 words
      • Article
        Lock icon Two Indon companies to make public offerings this month
        489 20 Jakarta Post JAKARTA A property company and a manufacturer of plastic houseware and electrical appliances will offer new shares to the public later this month. PT Mulia Intipelangi, a property company, will sell 25 million new shares, accounting for 17 per
        Jakarta Post  -  489 words
      • Article
        Lock icon Bank Negara may have sold all its interests in MAS
        324 20 Bernama KUALA LUMPUR Bank Negara Malaysia seems to have divested all its interests in Malaysian Airline System Bhd except for one golden share. On Dec 31. 1993. the central bank disposed of 11.54 per cent equity comprising 80.882 million shares
        Bernama  -  324 words
      • Article
        Lock icon Low Keng Huat sells entire stake in LKHP
        296 20 MBT KUALA LUMPUR General Corporation Bhd (GCB)'s subsidiary. Low Keng Huat (Singapore) Ltd (LKHS), has announced to the Stock Exchange of Singapore that it has disposed of the entire equity comprising two shares of SSI each in LKH Project Management Pte Ltd
        MBT  -  296 words
      • Article, Illustration
        Lock icon Thai regulator urges full liberalisation of stock exchange
        232 20 Knight-Ridder BANGKOK Thailand's Securities and Exchange Commission has asked the Stock Exchange of Thailand to fully liberalise brokerage memberships at the exchange, an SEC ofTicial said yesterday. But at its meeting on Monday, the SEC board decided in favour of a gradual
        Knight-Ridder  -  232 words
      • Article
        DIVIDENDS ANNOUNCED
        1307 20 Payment Ex Books Pay dale close dale ABR Hldgs 5* F 9 Jun 29 Jul 5 Jul 15 Acma F 10 Jun 14 Jun 20 Jul S Boustcad 50* I 8.5 Apr 22 May 7 Jun 6 B Raya F 5 May 24 Jun 8 Jul 7 Cathav
        1,307 words
      • Article
        Shanghai B market due for correction: Sun Hung Kai
        461 21  -  By Teh Hooi Ling SINGAPORE Shanghai's B share market is due for a correction but the low average price-earnings ratio of 11.9 should allow for a pick-up after the correction, Hongkongbased brokerage Sun Hung Kai says in its weekly report. The
        461 words
      • Article, Illustration
        Lock icon Getting a-head in the beer market
        49 21 Reuter SEOUL A saleswoman offering a passer- by a cup of beer yesterday to promote the launch of Ice, a new brand of beer produced by South Korean brewer Oriental Breweries. Brewers have mounted a cut-throat campaign to capture the local market. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Ninja Turtles' marketing firm expects interim profit to fall
        269 21 Bloomberg Business News HONGKONG Playmates Toys Holdings, the company that markets Teenage Mutant Ninja Turtle and Star Trek action figures, expects after-tax profit for the first half of its fiscal year ending June 30 to fall. But the company should recover
        Bloomberg Business News  -  269 words
      • Article
        Lock icon China Everbright's profit lifted by exceptional gain from property sale
        348 21 Eastern Express HONGKONG An exceptional gain of HK$7B.l million (5515.4 million) from the disposal of a residential property in Shouson Hill boosted China Everbright International's net profits to HKSBI.I million in the nine months to Dec 31, 1993, a sharp
        Eastern Express  -  348 words
      • Article
        Lock icon Trafalgar recovering: HK Land
        123 21 Reuter HONGKONG Hongkong Land Holdings Ltd said it would maintain its 25 per cent share in Trafalgar House pic but the British company is going to take time to return to "full profitability". Percy Wcatherall, managing director of Hongkong Land Group Ltd, said Hongkong Land was
        Reuter  -  123 words
      • Article
        Lock icon HK bourse to halve trading spreads in liquidity boost
        255 21 Reuter HONGKONG The Stock Exchange of Hongkong has announced that from July 1, trading spreads, or the smallest allowable change in share price, for securities other than debt securities, will be reduced by about 50 per cent. The exchange also said
        Reuter  -  255 words
      • Article
        Aussie unit holders endorse Thakral's merger, listing plans
        406 22  -  From Florence Chong in SYDNEY AUSTRALIAN unit holders have voted to allow the Singa-pore-based Thakral group to list a holding company which will be the largest tourism vehicle Down Under on the Australian Stock Exchange this month. The company, Thakral Holdings Ltd
        406 words
      • Article
        Prime rating for Aussie Wheat Board debt
        169 22  -  By Peter Osborne MOODY'S Investors Service has assigned a Prime-1 credit rating, its highest, to the Australian Wheat Board (AWB) for a As2oo million (***** million) domestic issue of commercial paper, programme Series 2. The Series 2 programme is different from previously rated
        169 words
      • Article
        Lock icon Beazer's profit jumps 20pc as UK housing market picks up
        313 22 Bloomberg Business News LONDON Beazer Homes pic, the British home-building company spun ofT by Hanson pic in March, said first-half pre-tax profit rose 20 per cent as the UK housing market continued to rebound. Pre-tax profit rose to £15.6 million
        Bloomberg Business News  -  313 words
      • Article
        Lock icon Buoyant US, Aussie sales lift BTR Nylex's profit
        186 22 Bloomberg Business News SYDNEY BTR Nylex Ltd reported a rise in sales of plastics and packaging products in the first four months of this year, citing the effects of economic recovery in Australia and the United States. "Orders and sales performance in
        Bloomberg Business News  -  186 words
      • Article, Illustration
        Lock icon Bronfman to retire as Seagram chief executive
        236 22 Reuter NEW YORK Liquor magnate Edgar Bronfman Snr will announce his retirement as chief executive of Seagram Co Ltd at the company's annual meeting this week, a spokeswoman said on Monday. She said Mr Bronfman would recommend that his son. Edgar Bronfman Jr.
        Reuter  -  236 words
      • Article
        Lock icon Fire sparks another product liability suit against Matsushita
        355 22 Bloomberg Business News TOKYO Consumer electronics powerhouse Matsushita Electric Industrial Co is facing a second suit in two months charging that its products were responsible for fires that destroyed buildings. A Tokyo family filed a suit yesterday against Matsushita, unlisted Osaka manufacturer
        Bloomberg Business News  -  355 words
      • Article
        Lock icon Watchdog's broadside cripples Calcutta stock market
        461 22 MARKET Bourse run as a personal club, charge regulators Reuter CALCUTTA Trading on the Calcutta Stock Exchange. India's second largest, has been brought almost to a halt after the national securities watchdog recently accused the exchange of breaking trading rules and operating as a
        Reuter  -  461 words
      • COMPANY BRIEFS
        • Article
          Lock icon Ericsson seals US$15m Lankan deal
          67 22 Reuter STOCKHOLM Swedish telecoms group Telefon AB L M Ericsson said it had signed a contract with Sri Lanka Telecom for the delivery of AXE digital exchange equipment and services to a total value of USSIS million (SS23 million). Equipment deliveries will start at the
          Reuter  -  67 words
        • Article
          Lock icon Giordano expects 20pc profit rise
          78 22 Bloomberg Business News HONGKONG Clothing retailer Giordano Holdings expects its net profit to rise 20 per cent in 1994, says executive director Jimmy Chan. The company's net profit rose 19.6 per cent to HKS 137.6 million (5527.3 million) in the year to Dec 31. Net
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Warburg unit issues covered warrants
          147 22 Bloomberg Business News HONGKONG SG Warburg OTC pic. a subsidiary of UK investment bank SG Warburg Group pic, has sold covered call warrants on 17.5 million shares in China Light Power, Hongkong's largest electric utility. Warburg issued the call warrants at HKS 1.20 each, said
          Bloomberg Business News  -  147 words
        • Article
          Lock icon China Investment's new acquisition
          79 22 Reuter HONGKONG China Investment Ltd, a unit of Hongkong's China Investment Co Ltd, has invested US$3 million (554.6 million) to take a 19.78 per cent stake in Xiamen Jinwoong Enterprise Co Ltd. a venture owned by South Korea's Jinwoong Inc in China's Xiamen city. The investment
          Reuter  -  79 words
    • FINANCE
      • Article
        Lock icon KL banks fear losses from ban on foreigners
        414 23 MBT KUALA LUMPUR The money market is getting anxious as Bank Negara still has not shown any sign of lifting the ban on the sale of shortterm paper to foreigners. This is because many banks have bought short-term paper based on forward
        MBT  -  414 words
      • Article
        Lock icon Thailand raises shareholding limits of commercial banks
        305 23 Bloomberg Business News BANGKOK The Bank of Thailand has raised the limit on commercial bank ownership of other companies. The new ruling, effective today, gives banks the right to own more than 10 per cent in other firms subject to approval "on a
        Bloomberg Business News  -  305 words
      • SMALL CHANGE
        • Article
          Lock icon Maybank cuts base rate to 6.95pc
          74 23 Bernama KUALA LUMPUR Malayan Banking Bhd is revising its base lending rate (BLR) downwards to 6.95 per cent per annum from 7.10 per cent effective today. This is the fifth revision in the bank's BLR for this year. The last revision in Maybank's BLR
          Bernama  -  74 words
        • Article
          Lock icon Pembangunan sees M$40m profit
          62 23 Bernama KUALA LUMPUR Bank Pembangunan Malaysia Bhd is confident of reporting Ms4o million (5523.6 million) group pretax profit in 1994 based on the loans to be approved during the year, chief executive Ibrahim Abdullah said yesterday. He said the total loans approved this year were expected
          Bernama  -  62 words
        • Article
          Lock icon Japanese insurer to operate in China
          91 23 Bloomberg Business News TOKYO Tokio Marine Fire Insurance Co, a property and casuality insurer, will soon become the second foreign insurance company to win permission to operate in China, Nikkei English News reported yesterday. The People's Bank of China would issue a licence to
          Bloomberg Business News  -  91 words
        • Article
          Lock icon US banking agency merger postponed
          72 23 Reuter NEW YORK A plan to consolidate US banking regulatory agencies has been postponed because of Congress' crowded agenda and the Federal Reserve and Treasury have not completely settled differences over the plan, The Wall Street Journal reported yesterday. The Treasury Department and the Federal
          Reuter  -  72 words
        • Article
          Lock icon Swiss insurer on 1994 outlook
          80 23 Bloomberg Business News WINTERTHUR, Switzerland Wintcrthur Insurance Group, one of Switzerland's largest insurers, sees 1994 income from investments growing at about the same rate as last year, when it rose 19.5 per cent to 1.75 billion Swiss francs (551.91 billion). Rudolf Staub, general manager of
          Bloomberg Business News  -  80 words
      • Article
        Quotation of Singapore Government Stocks as at May 31, 1994
        346 23 Number Indicative Gross Year Coupon Amount Interest mk»dt«price* redempt toturf| y raised re* ($m) payment (excluding -ton pa) datee accrued ytoto tntereet) pa) 15.6.94 N*****0Z 1989 51/4# 600 00 15/6 15/12 167 100 05# 3 94# 15.10.94 N*****1A 1992 1
        346 words
      • Article
        Lock icon Money printer De La Rue has good cashflow
        145 23 Reuter LONDON Money printing group IX* La Kue pic said it had started its new financial year with strong order hooks and that trading so tar was encouraging. The company, which reported a 20.2 per cent rise in annual profits before tax
        Reuter  -  145 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Oil prices likely to settle at US$12-US$15: study
        337 24 FT LONDON The widespread perception that oil prices are "low" may be incorrect, according to a new study which suggests that prices in the USSI2-USSIS a barrel range in 1993 are the long-term norm. Current prices for the benchmark Brent Blend are
        FT  -  337 words
      • Article
        Lock icon More foreign oil companies trying to skirt Chinese import ban
        355 24 Reuter SINGAPORE A growing number of foreign oil companies are try ing to sneak cargoes into China despite the country's tough new import ban, oil industry sources said. "It's deja vu," a trader with a Western company said, referring to
        Reuter  -  355 words
      • Article, Illustration
        Lock icon US Mint kicks off Cup fever
        44 24 Reuter TOKYO The head and tail of a US$5 coin created by the US Mint to commemorate the World Cup USA 1994 being displayed on Monday. The coins will be on sale in Japan from June 6. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Mediobanca chiefs face probe over Ferruzzi
        226 24 FT MILAN Four top executives of Mediobanca, the powerful Milan merchant bank, were yesterday warned they were under investigation by Ravenna magistrates for alleged irregularities in their role as advisers to the FerruzziMontedison group which collapsed last June. The notice, served yesterday by the
        FT  -  226 words
      • Article
        Lock icon Russia demands veto over Caspian oil deals
        331 24 FT MOSCOW Russia has demanded the right to reject Caspian Sea oil projects that its former Soviet neighbours are negotiating with Western companies, a move which could undermine some of the world's largest energy deals. In a previously undisclosed letter sent on April
        FT  -  331 words
      • Article
        Lock icon Nickel giant Inco averts strike after labour deal
        380 24 Reuter TORONTO Nickel giant Inco Ltd appears to have averted a costly strike after reaching a tentative labour accord at its key operations in Ontario, but the deal will be a blow to commodity markets hoping for action to alleviate chronic nickel
        Reuter  -  380 words
      • Article
        Lock icon China's summer wheat harvest lower than last year's
        181 24 AFP BEIJING China's summer wheat harvest this year will top 110 million tonnes, falling about five million tonnes short of the 1993 figure, the China Daily reported on Monday. The drop has been caused by a chronic drought in northern China, the
        AFP  -  181 words
      • Article
        Lock icon Swedish OM group plans revamp in bid to return to core activities
        285 24 Reuter STOCKHOLM Swedish derivative exchange and clearing company OM group said it had decided to restructure its organisation to focus on its core activities and sell off its financing businesses. The company said it would also stop its
        Reuter  -  285 words
      • Article
        Lock icon London
        196 24 Bloomberg Business News LONDON The dollar was little changcd yesterday as concerns about central bank buying below 1.64 dcutsche marks offset earlier losses after investors dumped European bonds. Investors arc worried that European interest rate reductions arc nearing an end and US interest rates have further to rise. The
        Bloomberg Business News  -  196 words
      • Article, Illustration
        Untitled
        1691 24 InhU' Hti&thtl iiklrx lukitlahit u.ifuim/ S/MD'i f<¥> 14 lirhliii tf fMwi Max- uw §m US$/S$ forward rates Noon May 31 s$ Bid Offer 1-month 1 5309 1.5324 2-month ***** 1 5321 3-month 1.5302 1.5317 6-month ***** 1.5310 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 31 Singapore
        1,691 words
      • Article
        Oil futures down amid uncertainty over direction
        152 24 Bloomberg ENERGY REPORT LONDON Oil futures fell in limited activity as traders pondered the next direction in prices after Monday's market holidays. The UK's International Petroleum Exchange and the New York Mercantile Exchange were closed Monday for the Spring Bank Holiday and Memorial
        152 words
      • Article
        Lock icon New York
        96 24 AFP NEW YORK The dollar fell against other major currencies except the yen here early yesterday in a quiet market after the long Memorial Day holiday weekend. At about 9:30 am, the dollar traded at 1.6405 marks, unchanged from midday in London and down from 1.6432 marks late
        AFP  -  96 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar, Euroyen end weaker
        1323 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar and Euroyen futures ended lower in listless trading yesterday. "Until the recent hike by the Federal Reserves makes an impact on the US economy, Eurodollars are likely to remain technicallydriven and move within a 10 to 15 point range," a
        Reuter  -  1,323 words
      • Article
        KL tin steady at M$14.11
        656 25 COMMODITY REPORTS Tin TIN closcd a sen up at MS 14.11 a kg yesterday on some buying from local and European players, traders said. "The market is holding relatively steady. There is no strong lead to influence market sentiment," one said. The London market was
        656 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          US firm in Japan car parts venture
          81 25 TOKYO Three Japanese metals manufacturing and trading companies have teamed up with Reynolds Metals Co of the US on a joint-venture project to market aluminium car components in Japan. The newly formed company, M&R Automotive Products Inc. has a capitalisation of 10 million
          81 words
        • Article
          Vietnam expects higher rice exports
          93 25 SINGAPORE Vietnam's rice exports may reach 2.2 million tonnes in 1994, more than the 1.7 million tonnes forecast earlier, the Vietnam Investment Review reported, quoting the Ministry of Agriculture and Food Industry. The winter-spring crop output was 300,000 tonnes, much larger than expected, resulting in
          93 words
        • Article
          Ivory Coast raises coffee price
          111 25 LAGOS, Ivory Coast The Ivory Coast government, worried by coffee output which declined to 120,000 tonnes last year from 143,000 tonnes the preceding year, has increased the domestic coffee price to 250 CFA francs a kg from 220 CFA. The action, said a government source,
          111 words
    • Article
      COMMODITY PRICES
      1414 25 Rubber May 31 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) luim li£ul As at 12 Men (S cents/kg) RSS 1 Contract (S ccnts/kg) dose Volume Oocn RSS 2 June 94 152.50 153.50N Month High Low Selt (tonnes) Interest 3 June 94 151.50 I52.50N IM.50 i
      1,414 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1208 26 -10 TUB Australian share market closed weaker after showing little sign of life in afternoon trade yesterday. Brokers said holidays in the US and Britain had left the local bourse bereft of inspiration. The All Ordinaries Index closed down 10.0 points at 2.081.8. The All Industrials ended down 17.6
        1,208 words
      • Article
        Manila
        630 26 +79.38 The Philippine stock market shot up 2.7 per cent yesterday on heavy buying sparked by San Miguel Corp's property sale in Hongkong and general optimism that the country's economy was ready to rebound, analysts said here. The market rose to 3,030.77 points, up 79.38 points from the 2.951.39
        630 words
      • Article
        Taipei
        559 26 -42.94 Taiwan share prices closed lower on profit-taking after a modest two-day rebound that took the index near resistance of 5,950-6,000 points, brokers said. The index ended down 42.94 points at 5,891.56, off a high of 5,960, in modest turnover of NT553.96 billion. Paper shares fell the most, with
        559 words
      • Article
        Seoul
        423 26 -6.15 Stocks closed lower lor the third consecutive session in reduced volume on continued consolidation in large-capitalised manufaclurings. brokers said. The composite stock index lost 6.15 points to 939.49. Persistently slipping customer deposits at brokerages reflected weakening investor sentiment, brokers said. Both Saeil Heavy Industries and II Sung Construction,
        423 words
      • Article
        New Zealand
        277 26 -5.94 New Zealand shares ended slightly lower for the third day in a row, with investors reluctant to trade without a definite lead from the major overseas markets. The NZSE-40 capital index ended 5.94 points down at 2,136.50 but the broader market was a lot softer, with the
        277 words
      • Article
        Bombay
        47 26 -4.99 Profit-taking, mainly in ITC and Reliance Industries in the second half of the trading session. pulled down share prices, brokers said. The Bombay Stock Exchange index fell 4.99 points to close at a provisional 3,823.06. The 100-share national index was down 2.75 points to 1,837.93.
        47 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        979 26 Britannia Funds Sterling C ash Bid Offer Mim Op Deposit 6400 i» 6500 Mim Jersey (.ill 0 1*41 0 1492 Mim Mi» Income ***** ***** L'S$ asb Income Plus Fund ***** 10 4400 PS S Reverse Fund 5 2600 5 2700 tlm'l'cft.imjnlx 0 4542 0 44}* Far East Fund *2
        979 words
      • Article
        London
        686 26 +4.1 STOCKS closed mixed yesterday, shaking off a plunging government bond market amid speculation that declines during the past five sessions were overdone. The FT-SE 100 Index of leading British shares rose 4.10 points to 2970.50, led higher by shares of Shell Transport Trading Co pic and Vodafone Group
        686 words
      • Article
        Paris
        132 26 -22.61 The main stock index fell to a 10-month low amid concern about record unemployment and German interest rates. Ihe CAC 40 Index of stocks fell 22.61 points, or 1.1 per cent, to 2029.90. That's the lowest close since it stood at 1989.53 on July 28 and takes its
        132 words
      • Article
        Stockholm
        91 26 -19.21 Swedish shares fell after bond yields soared 35 basis points. The OMX Index of 30 leading stocks fell 19.21 points, or 1.66 per cent to closc at 1137.58, after recovering from an intraday low of 1129.50. Stockholm May 31 Skr W'J Ml (HI 10 00 A*ra 162 00
        91 words
      • Article
        Frankfurt
        204 26 +9.39 German stocks managed gains for the day in light trading as many investors kept to the sidelines amid uncertainty about the course of interest rates. Share prices moved oIT their lows as the conviction spread that the recent fall of German share prices due to worries about rising
        204 words
      • Article
        Brussels
        195 26 -2.51 Belgian stocks dropped to their lowest levels for five weeks as rising long-term money market rates threatened to slow profit growth, analysts said. The Bcl-20 index of blue-chip stocks dropped 2.51 points, or 0.17 per cent, to 1,488.93. The last time the index was lower was on April
        195 words
      • Article
        Milan
        134 26 106 Italian stocks closed higher following news of a rise in operating profit at Montedison, Italy's second-largest private company. The Mibtcl Index of leading stocks rose 106 points, or 0.91 per cent, to 11,802. Trading was light "but the positive news from Montedison encouraged some buyers to come back
        134 words
      • Article
        Amsterdam
        239 26 -1.65 Dutch stocks closed lower as stocks across Europe fell on renewed concern that interest rate cuts have stalled. The Amsterdam EOE Index closed 1.65 points lower at 400.77, led down by chemical and publishing companies. Some 6.4 million shares changed hands, higher than the 1.6 million on Monday
        239 words
      • Article
        Zurich
        255 26 -20 Swiss stocks closed lower as bonds plummeted on fears that German interest rate cuts arc over for now. The Swiss Market Index of 21 blue-chip stocks, or SMI, closed 20.0 points lower at 2722.9, with 20 stocks falling and one unchanged. Ciba-Geigy AG. the pharmaceuticals and chemicals concern,
        255 words
      • Article
        Toronto
        308 26 +3.4pc Slocks were mixed with a slight positive bias in subdued midday dealings yesterday as soft conglomerates tarnished gold sector and diamond share gains. The TSE 300 composite index edged up 3.40 per cent to 4324.07 in modest turnover of 21.44 million shares valued at C 5252 million. Declines
        308 words
      • Article
        New York
        844 26 -1 Wall Street stocks fell yesterday, as a surge in grain prices triggered worries of inflation. At I pm EDT, the Dow Jones Industrial Average was off 1.00 point at 3,756.14. On the broader market, declining issues led advances 11-8 on trading of 116 million shares on the
        844 words
    • Article, Illustration
      Lock icon HONGKONG
      3139 27 Bloomberg Business News HONGKONG Stocks were mixed as investors awaited the next round of Sino-British talks on financing Hongkong's new airport, hoping for progress as a sign of confidence in the territory's future, traders said. Investors are also watching for news on how the government plans to push down
      Bloomberg Business News; Source: Bridge Info  -  3,139 words
    • Article, Illustration
      CHINA
      520 27 THE Shanghai B market was up 0.2 per cent due to overseas buying at the end of yesterday. Turnover reached U556.6 million. China TM jumped 14 per cent to US$O.23. Jinqiao and Outer Gaoqiao, the two Pudong concept stocks, saw the most active trading. The Shenzhen B market saw
      520 words
    • Article, Illustration
      Lock icon TOKYO
      2651 27 Bloomberg Business News TOKYO Stocks gained for a third consecutive day on data showing stronger-than-expected production at Japanese factories in April, traders said. "Good news about the economy is drifting out slowly." said Robert Owen, head of stock sales at Schroder Securities in Tokyo. "A lot of people think
      Bloomberg Business News; Source: Bridge Info  -  2,651 words
    • Article, Illustration
      Lock icon BANGKOK
      1874 27 Bloomberg Business News BANGKOK Thai stocks fell 1.9 per ccnt yesterday, the market's first loss in 12 trading days, as investors bid down construction materials issues after two cement companies reported lowcr-than-expected earnings, analysts said. Communications issues also declined as Thai Telephone Telecommunication pic received a lukewarm reception from
      Bloomberg Business News; Source: Bridge Info  -  1,874 words
    • Article, Illustration
      Lock icon JAKARTA
      1173 27 Bloomberg Business News JAKARTA Indonesian stocks fell yesterday as investors locked in gains from a recent rally amid concern that interest rates will rise. The benchmark Composite Index fell 2.1 points, or 0.5 per cent, to 501.79. Trading totalled 20.7 million shares worth 87.278 billion rupiah. compared to sixmonth
      Bloomberg Business News; Source: Bridge Info  -  1,173 words
    • Article
      CLOB INTERNATIONAL
      2834 28 MOST ACTIVE volume Mulpha Int! 50c $.806,000 Idris H\d 50c i. 188.000 Kamunling 50c 2*91 .000 Kcnong BhJ 50c 1.866,000 hU l 50c I. .123.000 PnMiict I.I 19.000 Multi-Purpose I.I 10.000 Lien Hoc TSR97 1,*****0 Scl I'ropcilrcs 767.000 AMDS 50c 695.000 kciiu>an 50c 672.000 Bcijaya Ind 663.000 IniKncst
      2,834 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices fall as investors stay away
        6039 28 Bloomberg Business News KUALA LUMPUR Malaysian stocks fell again in sparse trading yesterday, led by a fall in Malaysia Airlines shares and investors' continued unwillingness to risk their money in a volatile market. The Composite Index of 85 leading stocks fell 2.38 points, or
        Bloomberg Business News; Source: Bridge Info  -  6,039 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7530 29 1 MAIN BOARD Transaction date: May 31 Cr Gr Last Vol Day Last Qwrtc Di« l»i> Ud Net M Cap High Low Company Sal* 000) High Low Bayer Seller C»r P/E Smll INDUSTRIAL AND COMMERCIAL 1440 865 I s Ac ma 890 cd -10 II 400 890 890 900 17}
        7,530 words
      • Article, Illustration
        Lock icon Share prices dip in lacklustre trading
        1897 30  -  By R Sivanithy SINGAPORE Share priccs again closcd lower in quiet trading yesterday. After rising 11 points in the first half hour, the Straits Times Industrials Index gradually slipped for the rest of the day. It ended 24.22 points down at 2,281.67, following an
        Charts by Bridge Info; Source: Bloomberg  -  1,897 words
  • Page 19 Advertisements
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      371 19 NEWS VALUE How today's news might affect your stocks First S'pore cable TV network set to see local partners (pg I) Too early to assess the effect on the Singapore companies. This is a brand new technical field with much uncharted territory. Three Ngiam family members sell IPC shares for
      371 words
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      129 20 h b rings luck, why week 7 Now you won't have to wait a whole year to "loh hei". At Hung Kang Teochew Restaurant you can toss for luck every Saturday and Sunday for lunch and dinner. Our Teochew Raw Fish is, true to tradition, generously spread with only the
      129 words
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      58 21 a business WRECKED ODDS ARE fci w,ll cease t BE A jd Wt THIS business r-t m CHOSE Igl H|jl E |s| 'I" 19 THE WORLD'S H jHIPP HBh Spg FASTEST SMOKE IB DETECTION af "s ;i' HERE H And who makes jjjjjj jgg VESDA HHR HHH HR HHHi m
      58 words
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      Page 22 Advertisements Column 1
      69 22 1 APARTMENT LIVING I Isn't Based On J How Much Space 1 You Have. 1 It's about making room for the lifostylo you deserve. Interiors. yd 0M K-j tfc Food nd wln mM Th* arts. \Jkr\l Ify.1 fy. Exotic traval. u'l Homa Improvamant. 'ty "Ssv. 7 iVfffiWm Financial advlca. jAYi
      69 words
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      Page 22 Advertisements Column 2
      105 22 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR Q PANAMA HONG KONG U.K.
      105 words
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      173 23 EXCLUSIVELY RENOVATED WITH FIRST CLASS FACILITIES. YOU WILL NEVER BELIEVE THAT SUCH A HEALTH CENTRE EXISTS IN SINGAPORE IF YOU HAVE NOT VISTTED US. o|u Come to our health club at Scotts road and let our charming JgJ and professionally trained masseuses advise you on the ait Jfjf wSgJgjS of
      173 words
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      481 25 BUSINESS TIMES TOLL-FREE TEL No. 1-BQO-741-1883 FAX 7AI-1296 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF MCELHANNEY SURVEYS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at No. 8 Robinson
      481 words
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      Page 25 Advertisements Column 2
      40 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies fit Markets. Everyday.
      40 words
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      49 27 SCRIBE limited series of hand-made welled shoes uses fine French Calf leather and traditional craftsmanship 200 work processes on special lasts give a shoe exceptional comfort and life expectancy f $935* No 3 complete overhaul within 3 years of buy BALLY SHOPS: Raffles Hofel Arcade, Takashimaya Dept Store BALLY
      49 words
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      Page 28 Advertisements Column 1
      66 28 CITIBANK OFFERS SPECIAL RATES OF UP TO 4.75% ON TIME DEPOSITS. From now until July 31, take advantage of some of the best rates in town on both Local Dollar Time Deposits and Unfixed Time Deposits. With a minimum deposit of 550.000. enjoy Citibank's special rates by calling our 24-Hour
      66 words
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      Page 28 Advertisements Column 2
      4 28 Tomorrow in Business Times
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      82 29 SCRIBE HAND-MADE BY BALLY limited series of hand-made welted shoes uses fine French Calf leather and traditional craftsmanship fe 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy fitted with beech wood shoe trees 12-month warranty $985* No J complete overhaul within 3 years
      82 words
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      1818 30 j I i THE COMPANIES ACT, CAF. 50 Tft O ENTERPRISES PTE LTD (hi Vbhrtary LiquidKion) At an Extraordinary General Meeting of die abovcaamed Company hdd on the 266 day of May 1994, ihe Uloirjq Special Reaohnion wnt pmaed WINDING-UP It was feaotved THAT Ike Company be wovad ap volaatarily
      1,818 words
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  • Shipping Times
    • Article
      CMA strikes charter deal with tonnage pact partners
      443 31  -  By Dexter Lee SINGAPORE Fast-ex-panding French containership operator Compagnie Maritime d'Affretement (CMA) has struck a slot charter deal with the three members of the Tonnage Sharing Agreement (TSA). From this month, CMA will set aside a fixed number of container slots on
      443 words
    • Article, Illustration
      Lock icon Gigantic task
      45 31 SINGAPORE Spray-painting is never easy, especially when one has a job as gargantuan as this. These two shipyard workers, perched on a five-storey-high platform at Keppel's Pioneer yard, seemed like they would take an eternity to finish their task. Photo by Chris Loh
      Photo by Chris Loh  -  45 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1095 31 Page Col ABC Containcrline 16 4 Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Assist Marine 6 I Avant Shpg
      1,095 words
    • Article
      Lock icon Japanese yard wins order for 6 bulkers
      365 31 Oshima Shipbuilding secures deal from Hongkong Ming Wah Shipping Lloyd's List LONDON Japanese shipbuilder Oshima Shipbuilding has clinched a major deal for bulk carriers thought to be worth more than USSISO million (SS23I million) with a mainland Chinese-controlled operator based in Hongkong. In
      Lloyd's List  -  365 words
    • Article
      Consortium clinches deal to expand Chinese port
      198 31 SINGAPORE A consortium led by International Container Terminal Services (ICTS) has been awarded a preliminary contract to operate and expand the container port of Huangpu in southern China. ICTS, Kaitone Shipping of Hongkong and an affiliate of Bankers Trust signed a letter of
      198 words
    • Article
      Subic Shipyard expands facilities
      222 31 SINGAPORE Philippine Shipyard and Engineering Corp, which has been renamed Subic Shipyard and Engineering Inc. is further expanding its range of shiprepair capabilities. Subic Shipyard, the only repair faciHty in the Philippines equipped to drydock supertankers, has tied up with tank coating specialist Gardella Coating of
      222 words
    • Article
      Thai fleet faces call to fund training centre for seamen
      583 31 BANGKOK Merchant Marine Training Centre, the only state-owned training school for seamen, will ask the Thai merchant fleet to set aside funds to keep teachers at the centre. Prawait Rakpan, director of the centre, said the fund would be used
      583 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        607 32 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Aleiander Sc ***** PO/ 0106 0/00 0106,1500 Bach Dang 12 194 «2 3 0106/2030 Asi 21 0194 P01 0106 1/00 0106 2300 Satam Baru 8326 12 alongside 0106/2300 Au«t Sal Kya 005 P01A
        607 words
      • Article
        CONTAINER SCHEDULES
        1312 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From At. Swan 120A 01/1500 1A 31/1500 31/1659 31/1900 Anna Ms 9412 01/2200 1A 31/1500 31/1659 31/1900 IB 31/1500 31/1659 31/1900 2A
        1,312 words
    • Article
      THE SHIPPING GUIDE
      13694 40 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. LEGEM) PN: ship calls at Pcnang after
      13,694 words
    • Article, Illustration
      Lock icon Greek shipyards face tough times ahead
      860 48 They have nothing going for them, and their survival is dangerously in doubt Fairplay GREEK yards arcgoing through a crisis. Shipbuilding is almost dead, and the once flourishing repair industry is now showing clear signs of decay. A small day cruise vessel of 1.500
      Fairplay  -  860 words
    • Article
      TRANSPORT DIARY
      660 48 COURSES Title: Managing a Sales Team Duration: Jun 6-7 Organiser: Alberton Management Centre Tel: For more information contact 336-2611 or fax: 338-9864. l itle: Port Management and Operations Duration: Jun 6-17 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321-1707/321-1824/321-1825 or fax: 321-1416. Title:
      660 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Sibil's long-awaited airport will be a toon to Sarawak
        676 50 Sorely needed for the development of this vital commercial centre Bernama SIBU, Sarawak After years of waiting and tolerating a rundown and under-sized airport, Sibu now has a modern airport which goes into operations today. The project was due for completion
        Bernama  -  676 words
      • Article, Illustration
        Lock icon Carrier loses its load
        28 50 Reuter YOSHIKAVVA, Japan Firefighters try to stop fire spreading after a car carrier overturned on a highway in Yoshikawa, western Japan, on Monday. Reuter
        Reuter  -  28 words
      • Article
        Manila offers rail projects to foreign investors
        253 50 SINGAPORE Manila's Light Rail Transit is offering 50 billion pesos (SS2.B billion) worth of projects to foreign and local investors. The projects comprise four lines LRT 2. 4. 5 and 6 to be linked to the existing LRT I line. Construction of another
        253 words
      • Article
        Lock icon Qantas gives out Aussie rice on flights to Japan
        236 50 Bernama SYDNEY Qantas. Australia's overseas airline carrier, allowed passengers to carry some extra luggage on its flights yesterday packets of Austra-lian-grown rice. Qantas started distributing a 375-gramme gift pack of sunwhite specially selected japonica rice to passengers travelling on all of
        Bernama  -  236 words
      • Article
        Lock icon Australia Air fails to find money to take off
        165 50 Bloomberg Business News SYDNEY Australia Air International said it has dropped plans for a public share offering and may never get a single plane off the ground, the Australian newspaper reported yesterday. Australia Air had been planning to start up services
        Bloomberg Business News  -  165 words
      • LOG BOOK
        • Article
          HK airport contracts awarded
          59 50 HONGKONG Five contracts valued at almost HKSBOO million (100 million US) were awarded here on Monday for the territory's new airport, including construction of a I.2km-long passenger terminal. Gammon-Nishimatsu Joint Venture of Hongkong and Japan was awarded a HKS46S million contract to lay foundations for the
          59 words
        • Article
          Lock icon Shanghai completes subway tunnelling
          78 50 Reuter SHANGHAI Shanghai has completed the tunnelling for the second and last section of its subway line, offering hope for millions of desperate commuters, the Liberation Daily reported yesterday. The twin tunnels run for 10.64 km. The work took three years to complete. The first section
          Reuter  -  78 words
        • Article
          Lock icon Iberia loses millions in first 4 months
          106 50 AFP MADRID The Spanish Iberia airline company lost some 13.6 billion peseta (SSIS4 million) in the four months of the year, the company said on Monday. Turnover during the first four months was 149.7 billion pesetas, up by about 8.1 billion pesetas compared
          AFP  -  106 words
        • Article
          Lock icon ANA profit plunges 82pc
          36 50 AFP TOKYO Japan's All Nippon Airways Co Ltd said yesterday pre-tax earnings fell 82.1 per cent from a year earlier to 2.84 billion yen (5541.4 million) in the year to March. AFP
          AFP  -  36 words
      • Article
        Lock icon Polish govt to sell 49pc of national airline
        192 50 AP WARSAW The Polish government plans to sell 49 per cent of LOT, the country's national airline, the transport minister said on Monday. "It is time to privatise our flag carrier LOT," which has a book value of about 2.2 trillion zlotys
        AP  -  192 words
      • Article
        Swiss airfreight group extends Starconnect
        148 50 SINGAPORE Swiss airfreight group Danzas has extended its Starconnect service to Scandinavia, Turkey, Australia, New Zealand and the rest of Asia from today. Starconnect is a standardised system with a pre-set tariff, aimed at individual shipments of up to 2,500 kg. Shippers know in advance
        148 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1726 50 otjr nw rr» nw no_ chj cta fw rre Abu Dhabi 0K510 1900 SQ442 2000 Geneva SRI83 2105 Mttahto SQ227 2030 CimiplWM CZ353 1255 CZ354 1420 Amman RJ182 1445 RJ183 2230 Nwpfcia MI931 2035 MI932 0920 Amsterdam KL837 1450 KL832 2300 Hand VN741 1310 SQ176 1130
        1,726 words
      • Article
        Lock icon Mazda, Ford to jointly develop subcompact cars
        165 50 AFP TOKYO Japan's Mazda Motor Corp and Ford Motor Co of the US will agree to jointly develop subcompact cars for the worldwide market, a Japanese business daily reported yesterday. Mazda and Ford, which is the biggest shareholder of the Japanese car maker,
        AFP  -  165 words
      • Article
        Lock icon Mercedes chief expects better earnings this year
        185 50 Bloomberg Business News ST GALLEN MercedesBenz chairman Helmut Werner said business is on "a good track" this year, and he expects an improvement in earnings after a record loss in 1993. Mr Werner would not give more specific forecasts about the company's performance.
        Bloomberg Business News  -  185 words
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      47 31 Drager, J SAFETY EQUIPMENT VI A (SOLAS APPROVED) PA9O MARINE 1 Specifically Designed Breathing Appaiatus For Maritime Applications HIGH QUALITY HIGH PERFORMANCE > HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
      47 words
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      Page 31 Advertisements Column 2
      26 31 Lines and services represented by Members of the Registry el Accredited Shipping Agents, Singapore National Shipping Association. J for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
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      Page 31 Advertisements Column 3
      107 31 VISA FREIGHT SERVICES PTE LTD 1 M^ mD THE TOTAL TRANSPORTATION PEOPLE S 1800- *****66 Decline of Greek shipyards, Page 18 Sibifs long-awaited airport will be a boon to Sarawak, Back Page r j Jumbo Navigation N.V. j Jumbo, a cargo, heavy lift specialist has following vessels open Singapore, accepting
      107 words
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      449 32 TSKUNE AGENCIES (S) PTE. LTD. I r I 1 w |mrp Tel: 226-3363 I {jpag JL 3«JX« JLLWHr Fax: 226-1972/3 l3>|tZT™Z/ Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EXTORTS TO HOH6KON6. MANILA. TAIWAN t JAPAN "TWICE WEEKLY" I IQUT9OUNO w m W KT I I
      449 words
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      Page 32 Advertisements Column 2
      1674 32 DiraCT TO US* WI«T COMT («C»-SfO« CAUfOHHIA I»M»»I I TO lA»T HBHTtMIAMAH (fUU. <;OHTAIH«I MWYICt) ■an store la oar no g» mi hqustor chc ny wmco vessel w» no store own* hiaebs* bt«i«F mcimcku* im- pt T mr lattakia* mersm lbm cauforma Ptcasus m m ~T»T 206 226 236 21s
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      2317 33 mm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN. BHD. TEL: *****13 FAX: *****42 PETALING JAVA TEL; 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) PENANG TEL *****4 FAX: *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL *****3/4 FAX: *****6 CUSTOMER SVC TEL: *****92/*****91/*****93
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      Page 33 Advertisements Column 2
      1957 33 uaunmssnm U. S. A. /CANADA 3 TIMES A WEEK MAERSK KOBE V.9410 ETA SIN 6TH JUNE 1994 MATHILDE MAERSK V.9406 ETA SIN 6TH JUNE 1994 AXEL MAERSK V.9410 ETA SIN BTH JUNE 1994 vessel Voy ETA ETO Feedered Oy H SL r:r::, destinations Th« ««efc MATHILDE MAERSK V 9406 CY
      1,957 words
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      1668 34 AQABA R DAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG A WERP HAVRE WEST MALAYSIA KATSLiRAGI 21/ 12' 1-6 '8/6 21/6 19/6 p oM Ke a ng. Penang KITANO 25/321 4/6 13/6 20/6 22'6 25/6 2//6 29/6 Paslr Gudang KAMAKURA 34/ 122 8/6
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      Page 34 Advertisements Column 2
      712 34 CZSZI29 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) CIS./RUSSIA: stochny, Vladivostok. Moscow. I Baku, Tashkent, Irkutsk, Alma Ala, Ashgabsd. Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned America V.2174 08/6 09/7 CGM Korrigan
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      Page 34 Advertisements Column 3
      1046 34 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING 10 LA SPEZIA, FOS t BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH SPORE GENERAL AGENT: NORASIA AGENCIES iSs PTE LTD ALSO ACCEPTING LCL TO: 1 «„I?^ *****3 FAX: *****90 VENICE/TRIESTE/ANCONA/ALEXANDRIA/PORT thMd'mwT"?. agencies co LTD TEL: 252,«.,« SMD/WMUS/VAUTTI/eUCIION*
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      1845 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE £xvQgp (A SERVICE OF CHINA NAVIGATION CO) cut go due sahs OmMr !25 sf• ajn> ,a 31 Ma 02 |U1 FCL, LCI CONTAINER AND MEAKMHK SERVICE TO PAPUA
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      Page 35 Advertisements Column 2
      2711 35 SINGAPORE AGENT: iJXTfII p& containers (Singapore Agencies) Pte Ltd I JL, M. 1 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 Wr*:* Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W' CR Number: **********0Z EXPORT IMPORT VESSEL VOV PHG *P*Q SIN SOU AWT *OT HAM OOT
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      594 36 ifK EKA JAYA AGENCIES >9KaT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE □lO CHI MINH CITY PAQCH DIRECT HtNRY HOt 1118*24 727WWW1W KLVtH CHAW *****23 MM7M/MMM3 MAHW 21KWM 1******2 ►TO VIETNAM/HCMC k CONTAINEFWiebeR SERVICE (Kumj.hiw'M CENTER-POINT 7 LIWEB WS«I WW tl» VW« WW [T> HCMC SSJ2&aB2 2121
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      Page 36 Advertisements Column 2
      1556 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FM VSI SM lUK HAUL SEA YV* POI FO9 VSI SIN lUK HAUL SA» lIM NYC HANJIN LONGBEACH 04K 3/6 WtECT 22/6 24/6 25/6 HANJIN LONGKACH 04tt 3/6 H KEEIUNG 04K 7/7 1/7 10/7 HANJM ELIZABETH
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      Page 36 Advertisements Column 3
      1425 36 H-H-TTTT^ Im mp isc mc us ms mi on m m m u» c« bai ntc uw m m i» nt r» cm w ssp I E aWSKtU 30/S hPI 7/0 9/0 11/O 14/1 15/0 IC/O 17/1 11/t 19/0 30/t 13/7 IS/7 lt/7 »/7 77/7 7t/7 »/7 30/7 9/1 H/l
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      Page 37 Advertisements Column 1
      2689 37 PLEASE CALL II 11 II NEPTUNELINK (1800 *****00 TOLL-FREE) II £SB& II FOR THE FOLLOWING INFORMATION: HI 11 VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I ■I M FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION ■I EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US OULF MIDWEST USEC CANADA
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      Page 37 Advertisements Column 2
      1262 37 I A I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR N0: **********0 c enquiries: *****33 fBOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      1,262 words
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      Page 38 Advertisements Column 1
      1555 38 K44 if f AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR NO: **********0M/GST REG NO: M 2 *****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T T MALAYSIA "K" UNI MARITIME (MALAYSIA) SON BHO U 4 TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA:
      1,555 words
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      Page 38 Advertisements Column 2
      1151 38 ©APPENSHIP HAMBURG U\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADING FOR NOVIGRAD ANTW 20/05 SPORE 17/06 ECUADOR BIL 22/05 SPORE 29/06 KOALA CONTAINER LINE SPORE FLX HAM RTM LEH BALANORA 4606 03/06 27/06 2S/06 29/06 01/07 CS NEW ZEALANO 4607
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      985 39 *****1 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********0E VESSEL VOY SIN BKK SIN VESSEL VOY iIN JKT SIN SRISAMUT (THAI FLAG) SRSOOI 1/6 4/« 8/6 EQUATOR RUBY 44N 2/6 4/6 6/6 EQUATOR EMERALD 53N 2/6 S/6 9/6 KOTA BERLIAN BRLOO7
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      Page 39 Advertisements Column 2
      987 39 viSStLS vot sin it mvnt hambuwg ihaaks nontwom aniwrp WLLC IX VtGA GO3W 0* 06 01/07 03/07 04/07 05/07 07/07 VUlt 0€ VUA *03W 13/06 06/07 08/07 09/07 10/07 12/07 wit w iiiana toiw iTTw 13/07 15/07 u/07 17/07 u/07 VUlt Dt 10CANA UO4N 20/07 22/07 23/07 24/07 26/07 •AISO
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      Page 39 Advertisements Column 3
      806 39 BSfl n. imm MYANMA wBBk five star line (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen P.Gdf MERGUI VI23W Sid PAGAN V2O9W In Port HPA-AN V2O2W 06 08 ktn MALAYSIA AGEKTS BOUSTEAD SHVPtNG AGENCCS KUL TEL 03 *****00 PKI: ia 03 *****67 PEN: T€L 04-*****5 PGD: Itt 07-*****1/4
      806 words
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      1089 42 <>')+%;<`*[$/>%"^"'[/\($/\$=<!$ VESSEL VOY JAKARTA SPORE BANGKOK MANIA GUAM SATAN OCEANIA EXPRESS 9«) UN -)UN 14 JUN II JUN 24 U 8 JUL 10 KYOWA HOSE 94 JUL 7 JU.II JULU AUG 2 AUG 4 (REEFER CONTAINER AVAL ABIE) I VESSEL VOY ETA SPORE GUAM (T/S) MOTHER VESSEL GUAM PONAPE KOSRAE
      1,089 words
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      Page 42 Advertisements Column 2
      176 42 /Cnorbul^\ I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES FOB I I WORLD AGAMEMNON 10/6 15/6 RDM/ANT/UK I I NORBULK TBN 21/6 30/6 FLU/RDAM/ANT/IK I I I NORBULK TBN 28/6 30/6 DBN/CPT/EL I I ALSO LOAOS TAWAU, KK, TG. MANI PK SWK/SABAH LOADING
      176 words
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      Page 43 Advertisements Column 1
      759 43 jjFAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 5/6 ROTTERDAM 5/6 AARHUS/COPENHAGEN 5/6 HAMBURG/BREMEN 5/6 MARSEILLE/FRANCE 2/6 FELIXSTOWE/UK 5/6 BARCELONA/SPAIN 6/6 LEHAVRE/FRANCE 4/6 GENOA/ITALY 3/6 ANTWERP/BELGIUM 6/6 LOS ANGELES/WC/IPI 5/6 SYDNEY/MELBOURNE 4/6 NEW YORK/EC 2/6 FREMANTLE/ADELAIDE 3/6 VANCOUVER 276 BRISBANE 9/6
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      Page 43 Advertisements Column 2
      1100 43 ummmmm 1 1 —22SM—■ I I rvIssELVOY iiii PEN ISRABHUM 53S Fn 3/6_ JTy_ _7/6_ DEJA BHUM *5*9 Fri 1/. Sat 4/. 11 VESSEL VOY SN BKK I BHATRA BHUM 32S Sa. 4£__[«?_ _7J_ KOTA SURIA S fll 9N Sun 5/T Ty 7/« K| MAHA BHUM 212W W«d In PI
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      Page 43 Advertisements Column 3
      292 43 HF TEL: *****33 (12 Lines) K FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL Vmml Voy ETA Loading For Spo-e Abtoay Worn 40WB 21/07 Daressalaam. Mombasa. Opbouti Assab Massawa Notsanet 35W8 21/08 Darossalaanv Mombasa. Djibouti
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      Page 43 Advertisements Column 4
      588 43 (®P) Potnt-to-Polwt Regional Pte Ltd" Vfr TEL: 32 ***** FAX: *****94 CR NO: **********0 C Guaranteed Sailing* to: BANGKOK/LAEM CHABANG/lAOS EVERY WED t SAT MANILA/CEBU EVERY TUES PORT KELANG/PENANG EVERY MON 4 FRI HO CHI MINH EVERY FRI HONG KONG EVERY FRI JAKARTA EVERY SAT BUS AN EVERY SUN SURABAYA
      588 words
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      1747 44 ■LAIMN CONTAINER LINES, INC 2 NVVVI Agents: MAC-NELS SPORE: *****22 (24 LINES) 'wJ \s 'c/ft No: 1200C*****0C SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK I GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK
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      177 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (I* ETA EM SPOKE rout KEIWC PtNAMG Bim MUX 22 6 lidin* tor Male ItUVM HUOHU ?0 6 loading tor Cotombo DMPHM 18 6 loatflg fof MdU> PIONEEIt SUPREM IS 6 loading Fm MilUMMEDH 6 6 lortng fot Male PtOGMSS IBERIT 8
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      Page 44 Advertisements Column 3
      1159 44 ~MT THONG SOON LINES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I \y \y TEL: 227-5088 FAX: 227-6011 I I < TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VP? S PORE PEST VESSEL |VOY Is PORE |PEST EQUATOR ROYAL 104/4E
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      582 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BttAKBUK SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MO I TOKYO*. MANIA*. DAVAO*. Penanf* P. Kelanj Sr(apore E'Msia* IVYEVERETT V9E 17/18 Jun 19/20 km KAMALEVERETT V2IE 30 Jun/01 Jul 02/03 Jul SHAPIAEVERETT V2IE 14/15 Jul 16/17 Jul ACCEPTWG BREAKBU.K FCL, SOC CARGOES TO/FROM
      582 words
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      Page 45 Advertisements Column 2
      226 45 181 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG ♦AT ATTRACTIVE RATES' CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 1/6 7/6 16/6 GLORY SELATAN V 9/6 12/6 15/6 SP PKL HCM HK KAO GLORY SELATAN VI 27/5 1/6 5/6 VESSEL
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      540 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vessel VOY SIM MMW SARGOOHA 143-HW 07 06 16/06 ISLAMABAD 122 HW 20,06 29/06 MAKRAN 149HW 12/07 22/07 HYPERABAD 131-HW 19/07 2»/07 FAR EAST CONTAINER SERVICE ONLY VESSEL SIN HKG BSN OsT" NAG Y0« MAKBAN 148 OW 01/06 13/06 17/06
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      999 45 SIN FAR EAST 7/06 KEELUNG/KAOHSIUNG 5/06 BANGKOK 5/06 MANILA/CEBU 5/06 JAKARTA/BELAWAN/SURABAYA 5/06 PORT KELANG/PENANG/E. MALAYSIA 5/06 BUSAN 5/06 TOKYO/YOKO/KOBE/NGO/OSA 5/06 HONG KONG SIN CHINA 5/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN /QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 7/06 LDN/FLX/LVP/SOU 7/06 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 5/06
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      Page 46 Advertisements Column 1
      744 46 PHI LI-OH It NT LINGS PTi LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: *****85Q000H)^ A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAUA/NEW ZEALAND FCL/LCL SERVICE 04 JUN SYDNEY. MELBOURNE, BRISBANE, FREMANTLE 06
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      Page 46 Advertisements Column 2
      269 46 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 06 JUNE (Accepting to all New Zealand porta) PENANG 03 JUNE JAKARTA OS JUNE POUT KLANG 09 JUNE BANGKOK 05 JUNE MELBOURNE 04 JUNE SYDNEY 04 JUNE BRISBANE 09 JUNE FREMANTLE 08 JUNE ADELAIDE 03 JUNE 'ACCEPTING TO ALL SCANDINAVIA PORTS COLOMBO
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      437 46 This Week's Sailings Singapore T T- FIRST FORW ARDER IN lo: KID lo: EID ASIA AWARDED Singapore Singapore ISO 9002 BY I.RQA EVERY EVERY Bangkok SUN Jakarta SUN yb, EVERY EVERY Manila SUN Ho Chi \linh KRI (Q) 3] EVERY EVERY S Colombo TUE Limassol THUR L-Jg-J INTERNATIONAL SEA FREIGHT
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      1582 47 [SEAMA^RGENTIN^IN^^^n I CONTAINERISED "HUB" SERVICE f I DIRECT TO ARGENTINA/BRAZIL URUGUAY I WESTBOUND BAM POWTt Vl* BUINO* *«€S VIA SANTOS VISULI VOY SPOM UUMI SANTO# I UM4UAIA M'VKXO ASUNCION R.M JANiMO PARANA OCA FRANCISCA SCHULTE 01E 10/06 09/07 12/07 I 05/07 11/07 i 2 15^22 SCAMAR TBN 01E 22/06 29/07
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      373 47 rifts CEYLON SHIPPING CORPN (ShS) National Line of Sri Lanka CONTAINERIStD SERVICE TO I k AND NORTH CONTINENTAL PORTS ww ml«o|ialwmlm*lw»il mT NOUSM SJWGA M2l 3 01 (X (X X NOMSIA SHWIAH MH 3 01 96 13 0« Homsm Muewm W3 < is (X »(X MUt 01 KM W3W W,o<
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      Page 47 Advertisements Column 3
      498 47 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.38 PORTS VOY BUENOS AIMS MONTEVIOEO DURBAN JAKARTA NAOOYA VESSELS pctroqvqrets tan SAnfo sailed saileo jo/osos/os io/o« hum ao 21/00 PmOiERSK COl2 SAILED SAILEO 02/04 IS IS/OS 27/04 0103/07 DEKAORtST 1013 3Q/QS-00/04 02/04 21/04 03-08/07 01/07 12/07 16 14/07 N. KRUPSKAYA EOl4 19 29/00
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      500 48 The Baltic Exchange was closed on Monday. Trading will resume on Tuesday, May 31. VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 9421N 03/06 (FRI) 08/06 (WED) PERVOMAVSK 9403N 07/06 (TUE) 11/06 (SAT) TWO SAILINGS WEEKLY LANKA MAHAPOLA 9401N 10/06 (FRI) 15/06 (WED) FWMr ANO VIGOUR PACIFIC 94??N HUE) 18/06 (SAT) SOUTH
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    • Miscellaneous
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      679 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.5 1.9 2.3 2.6 2.7 2.5 2.2 1.8 1.4 1.0 OS 0.7 0.8 1.0 1.4 1.7 2.0 2.1 2.1
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      Page 49 Advertisements Column 1
      1017 49 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGP* VESSELS VOV SIN RTM ANT* LEH* HAM BftEj FEL 01/06 03/06 04/06 NOR FRIBOURG 311W 06/06 24/06 25/06 26/06 25/06 25/06 28/06 08/06 10/06 11/06 H. CHALLENGER 310W 13/06 01/07 03/07 4/07 03/07 03/07 05/07
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      467 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HSSII NT SP N MC U SOMIAI *27 if I/I BUS HIM *25 l/l l/l MISNM (21 10 I COSMIC KiKI MS I I l/l COSMIC CNAILEKM »JJ U/t II I OUTBOUND VESSELS LPIPING FOR KUCHINC/MUARA KKISHI'N V 29
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      Page 49 Advertisements Column 3
      986 49 JEDDAH/UK/CONTINENT I STORE KO S lON H'BURG RDAM LEH *Mm Accept.* C» o F* KITANO 25/321 4/1 13/1 22/6 2S/6 27/6 29/6 ScrthOTptor :I*al UK dntoutm. BcHnt and Out* KAMAKURA 34/122 l/l 25/1 21/6 30/6 Rottetdjm :to M Antwtip. Amterdim, Olio Hchinta ELK 22/322 11/6 20/6 29/6 2/7 4/7 6/7
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      Page 50 Advertisements Column 1
      72 50 Tomorrow in Business Times /> liMlimMM N M.V. "NEW PRINCE" VOY.2 Arrived 23rd May 1994 M.V. "GLORIA ACE" VOY. 46 Arrived 25th May 1994 Consignees of all damaged cargoes ex the captioned vessels arc hereby notified that a general survey will he held on the 2nd June 1994 0900-1200 hours
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      Page 50 Advertisements Column 2
      5 50 msmm Tomorrow in Business Times
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