The Business Times, 22 June 1994

Microfilm: NL19383
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday June 22 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Russian govt backs 40pc wage hike
      56 1 AP MOSCOW The government is backing a 40 per cent increase in the minimum wage for state workers in a proposal that would also provide pay hikes for President Boris Yeltsin and legislators. The Interfax news agency yesterday said the Lower House of Parliament
      AP  -  56 words
    • Article
      Lock icon US may seek compensation
      28 1 Reuter GENEVA The US yesterday said it would seek compensation for any trade damages caused by the enlargement of the European Union (EU). Reuter
      Reuter  -  28 words
  • Article
    MARKET SUMMARY
    160 1 Stock market indices Tuesday Change ST1I 2,261.87 -22.63 KLSEComp 1,011.46 -24.00 Nikkei 20,813.16 -338.87 HangSeng 8,857.78 -140.40 SET Index 1,329.32 -23.96 Jakarta Comp 475.24 -0.49 CLSA China B ....1,057.82 -2.03 Aust All Ord 1,993.6 -30.8 FTSE 100 2,940.2 -30.9 Tuesday Previous 2.15pm close Dow Jones 3,689.90 3,741.90 Average
    160 words
  • Article
    Singapore's wage costs are third highest in Asia
    768 1  -  But manufacturing still competitive due to high productivity By Chuang Peck Ming SINGAPORE Singapore's production workers were the third most expensive in Asia last year, but analysts and government officials here say that because Singapore's wage costs are matched by high productivity,
    768 words
  • Article
    Regional markets turn cautious
    364 1  -  By Paul Leo SINGAPORE Asian stocks, like those in the West, fell yesterday on concern that the US Federal Reserve may be forced to raise interest rates to support the weak US dollar. Singapore's Straits Times Industrials Index fell 22.63 points to 2,261.87. "With no fresh
    364 words
  • Article
    Lock icon Chok Tong says yes to KL time-share plan for cars
    133 1 Bernama SINGAPORE Singapore is agreeable to Malaysian Prime Minister Mahathir Mohamad's proposal for a car time-sharing scheme which will allow Singaporeans to buy cars and keep them in Johor for their use while in Malaysia. lmno Youth leader Abdul Rahim
    Bernama  -  133 words
  • Article
    Japan's strong 1st-qtr GDP figures boost recovery hope
    431 1  -  From Anthony Rowley JAPAN'S first quarter GDP figures for calendar 1994, published yesterday, showed a surprisingly strong trend in most areas of private consumption, strengthening hopes that the economy had finally bottomed out from its three-year long recession. The moderately favourable trends
    431 words
  • Article
    SES sets July date for share trading through banks
    418 1  -  From Ho Kay Tat THE LONG-AWAITED trading of shares through the branches of local banks will finally take oIT in Singapore next month. Stock Exchange of Singapore president Lim Choo Peng said yesterday. At the same time. Singapore investors will also
    418 words
  • Article
    Lock icon US$ tumbles below 100 yen to hit post-War low
    418 1 Bloomberg Business News Reuter NEW YORK The dollar tumbled below 100 yen yesterday, reaching a new postWorld War II low as traders tested the resolve of the world's central bank's to prop up the beleaguered US currency. "People expected the central
    Bloomberg Business News; Reuter  -  418 words
  • Article
    Lock icon Dow down 52
    88 1 Reuter NEW YORK Blue-chip stocks dropped sharply for the third consecutive session yesterday as the latest freefall in the dollar revived fears of another rise in interest rates. At Ipm EDT, declining issues swamped advances 15-4 on active trading of more than 166 million shares on the
    Reuter  -  88 words
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      193 1 I |j CONTENTS N#ws Companies S pore News 2 S'pore-Wsia 21.22,23 Regional News 3.4.5 Financial 24.25 World News 7 9 Features Markets Analysis 19 Clob/iaSE. StS 28-30 Editorial 18 Regional 26 Sports 10.11 World 27 TV/Litestyte 13.14 Currencies 24 Reg Analysis 15.16 Simex/Commo .24,25 Subscription Tel 1800-*****77 Fax *****75 BT
      193 words
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      29 1 x- r Regional Analysis: Pg is China's investment challenge Keppel negotiated to buy YHS Holdings stake, court told Day 2 of hearing to wind up YHS Holdings Page 21
      29 words
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      Page 1 Advertisements Column 3
      15 1 Hock Lock Siew: pg 21 What's going on at Innovest? Regional market reports, Pgs 26-30
      15 words
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      Page 1 Advertisements Column 4
      116 1 Ttoityttom Line: pk 20 1 Vietnam s big spenders Dauphin "Sitzkultur". A company's strength lies in the Backbone of its staff. With the Dauphin CL7980 for your corporate image, but also the tall and not-so-tall people, attitudes of all those who use it. you can strengthen the backbone FOR PEOPLE
      116 words
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      Page 1 Advertisements Column 5
      21 1 Grand pte. Ltd. Tel: *****78 THE COMPLETE SHOP Asean stock exchange officials forecast turnaround, Pr 21 Trade deficit worsens, Pg 20
      21 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon PSA's non-oil cargo up 6pc
        335 2  -  By Rahita Elias SINGAPORE'S shipping and distribution business continued to grow in March. Port of Singapore Authority figures show more than 13.6 million tonnes of non-oil cargo were handled during the month, up 6 per cent year-on-year. This compares with a 4 per cent rise
        Source: PSA  -  335 words
    • Article, Illustration
      US specialty chemicals firm OSi sets up regional HQ here
      460 2  -  By Juliette Walker CONNFCTICUT-based OSi Specialties has set up its regional headquarters and technical centre here to support the fast-growing sales of its silicon-based specialty chemicals in Asia. David Barton, OSi chairman and chief executive who was here for yesterday's
      460 words
    • Article
      Michael Fay released from jail early
      297 2 AMERICAN teenage vandal Michael Fay, whose jail and cane sentence drew the world's attention, was released from prison yesterday. Fay, 19, served only 83 days of his four-month jail term because of good behaviour, and is due to leave Singapore for the US today,
      297 words
    • Article
      Jaya helping in foreign service recruitment talk
      99 2 SINGAPORE'S top foreign ministry officials, including the Minister for Foreign Affairs and Minister for Law, S Jayakumar, will be sharing their experiences at a recruitment talk this Saturday. The talk, titled "The Foreign Service A Career, an Adventure, a Way of Life", will
      99 words
    • Article, Illustration
      US auctioneer offering 14 European hotels
      361 2  -  By A J Leow ENCOURAGED by the increasing interest of Asian investors in overseas properties, US-based real estate auctioneer Kennedy-Wilson is bringing its worldwide sale of 14 European hotels worth some £110 million (SS2SB million) to the region. Asian investors, including those from Hongkong,
      361 words
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      Page 2 Advertisements Column 1
      143 2 Protect Your Computer Investment. Buy An Epson. EPSON cn Industrial Mission to simmE Singapore is first on the list of priorities in CM for building and promoting partnerships in trade and investment. In order to give shape to the series of interactions which took place between the two countries during
      143 words
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      Page 2 Advertisements Column 2
      1088 2 Mr S K BHARGAVA Mr D K MEHTA Mr RAJIV AGARWAL Mr. S R TALWAR /uiccinniaattart Managing Director Representative General Manager (Inf I Trade) Prpcjrtflni Cll A Radiant Engineering Industries Rajinder Steels Ltd. Larsen Toubro Ltd. firal/D Chief Executive Pvt Ltd. Steel Tubes Pipes Computer software, Agro Eieher Goodearth Ltd
      1,088 words
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  • SOUTH-EAST ASIA
    • Article
      Reprieve for Chuan's govt as PDP votes to stay in coalition
      468 3  -  From Loh Hui Yin THAI Premier Chuan Leekpai's coalition government won a reprieve yesterday after one of its key coalition members, the Palang Dharma Party (PDP), decided to stick with it. But the decision left the party in disarray
      468 words
    • Article
      Lock icon US firms plan US$380m resorts in Vietnam
      249 3 AP HANOI Two US companies plan to build resorts worth US$3BO million (SssBl million) on the sands of what Americans knew during the Vietnam War as China Beach, company officials said yesterday. The bigger of the two projects near the central Vietnamese city
      AP  -  249 words
    • Article, Illustration
      Lock icon Workers' burning issue
      25 3 Reuter MANILA Militant labourers burning effigies of Uncle Sam and Philippine President Fidel Ramos during a demonstration yesterday denouncing increased taxes. Keuter
      Reuter  -  25 words
    • Article
      Lock icon Cambodia outlines new investment code
      212 3 UPI PHNOM PENH War-rav-aged Cambodia is attempting to attract foreign investors with a new, liberalised foreign investment code, Finance Minister Sam Rainsy said yesterday. "It offers very generous incentives," Mr Rainsy said. "There is no state intervention in setting prices and there is free remittance
      UPI  -  212 words
    • Article
      Lock icon S'pore top foreign investor in Myanmar
      164 3 AP YANGON More than 100 companies have invested over US$l billion (Ssl.s billion) in Myanmar since the ruling junta began liberalising the economy in late 1988, the country's planning minister said yesterday, and Singapore continues to be the top foreign investor, with a US$5OO
      AP  -  164 words
    • NOTE BOOK
      • Article
        Lock icon Limits to foreign investment: Suharto
        136 3 Reuter JAKARTA Indonesia's President Suharto has warned that there are limits to the extent to whieh the country will be opened to foreign investment, the official Antara news agency said. Alwi Dahlan, vice-chairman of BP7, a body responsible for spreading the state ideology, quoted the
        Reuter  -  136 words
      • Article, Illustration
        Lock icon Now a curious sight in Cambodia
        46 3 Reuter PHNOM PENH An elephant strolling down a street in Phnom Penh watched by two amused boys on a motorbike yesterday. Elephants, once commonly used for cargo and transport, have now become a curious sight in the Cambodian capital. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Indonesia bans three magazines
        94 3 Reuter JAKARTA Indonesia banned yesterday three leading magazines, accusing them of publishing articles beyond their licences and creating conflict, the official Antara News Agency said. It quoted Subrata, director general of press and publications, as saying the three weeklies Detik, Editor and Tempo had lost their
        Reuter  -  94 words
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      Page 3 Advertisements Column 1
      485 3 You stand a chance to^\ win over SI 0.000.00 in V 1 W T WT T v our monthly draw! L I.TilililiVilil That means your aircon's II 111 IMII IH paid for and That's right! Sanyo Aircon, Singapore's No. 1 choice for eight years running, now gives you even more
      485 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Drought, floods not abnormal: officials
        111 4 BEIJING Drought and floods hitting north and south China are not abnormally serious compared with previous years and rice will be the crop worst affected, officials said yesterday. The official press yesterday gave front-page coverage to a meeting chaired by Premier Li Feng on measures
        111 words
      • Article, Illustration
        Lock icon A new national flag for Taiwan?
        35 4 Reuter TAIPEI A Taiwanese woman outside Parliament House yesterday looking at some entries for a new national flag designed for the day the island declares independence from mainland China.
        Reuter  -  35 words
      • Article
        Lock icon Taipei overseas business up 4.1pc
        102 4 AFP TAIPEI Taiwan received a total of U557.77 billion (S$ 11.9 billion) in overseas business orders in May, a 4.1 per cent increase over the same period last year, the economic ministry said yesterday. Export orders in the first five months of last year amounted
        AFP  -  102 words
      • Article
        Lock icon 1.2 m crimes in China last yean report
        79 4 Bloomberg Business News BEIJING About 1.21 million crimes were reported in China last year, up 130,000 from a year earlier, and one-third of them were committed by criminal syndicates, the Japanese newspaper Yomiuri reported. Quoting the Chinese press, the newspaper said government
        Bloomberg Business News  -  79 words
    • Article
      Lock icon China unveils low-cost housing project to expand living space
      367 4 UFI BEIJING Faced with a soaring demand for cheap urban housing. China yesterday unveiled a project aimed at providing low-cost dwellings that expand the living space for currently cramped residents. The construction ministry's "comfort housing project" would be launched next year
      UFI  -  367 words
    • Article
      Lock icon HK warns of more punitive action if property speculation re-emerges
      272 4 AFP Bloomberg Business News HONGKONG The Hongkong government will not hesitate to take further punitive measures if excessive speculation in the overheated property market re-emerge, a government official said yesterday. Tony Eason, the secretary for planning, environment and lands, told
      AFP; Bloomberg Business News  -  272 words
    • Article
      Lock icon Macau going full steam ahead with first industrial park
      507 4 Eastern Express HONGKONG Work has begun on Macau's first industrial park. Macau's governor. Vasco Rocha Vieira. and the mayor of Zhongshan city. Tang Bing Quan. both officiated at a ceremony to lay the foundation stone for the Concordia Industrial Park over
      Eastern Express  -  507 words
    • Article, Illustration
      Lock icon Taipei govt to take over military aircraft company when privatised
      276 4 AP TAICHUNG. Taiwan The government will take over Taiwan's military aircraft company until it is handed over to private enterprise. Defence Minister Sun Chen yesterday said that under its plan, aircraft produced by the company transformed from the military-run Aero
      AP; Reuter  -  276 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      258 4 WIN A 1994 DAEWOO ESPERO u INOUR BUY A DAEWOO, WIN A DAEWOO LUCKY DRAW. 1.5 L sedan (M) on the nmd wlltwut COE insurance Buy a Daewoo forklift truck between now and exacting demands. Just one reason Daewoo is No.l in 28th October *94 and win a fantastic prize
      258 words
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      Page 4 Advertisements Column 2
      135 4 Doing Business in Singapore? Come to the Orchard Parade Hotel We offer competitive rates for today's corporate travellers and back them 100% with excellent communications support and efficient secretarial assistance so doing business can be a real breeze with us. From now till 31 December 1994, Package. Our Rates include
      135 words
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  • REST OF ASIA
    • Article
      Lock icon Japan minister's planned visit to US fuels hopes of partial trade deal
      381 5 Reuter TOKYO A plan by Japanese Foreign Minister Koji Kakizawa to meet US Trade Representative Mickey Kantor this weekend has heightened speculation that the two nations may be able to strike a partial trade deal. But large questions
      Reuter  -  381 words
    • Article, Illustration
      Lock icon I did not break any laws: Hosokawa
      242 5 Bloomberg Business News TOKYO In three hours of testimony before Japan's Diet, or parliament, former Prime Minister Morihiro Hosokawa denied he acted illegally in handling his personal finances. Speaking to legislators under oath, he admitted causing "misunderstandings" for which he bore a "moral
      Bloomberg Business News; Reuter  -  242 words
    • Article
      Lock icon World Bank warns India of inflation
      277 5 Reuter BOMBAY The World Bank has warned India's central bank that the large inflows of foreign exchange could trigger inflation and destabilise interest rates. In its annual report on India's economy, the World Bank cautioned that the Reserve Bank of India's efforts to prevent
      Reuter  -  277 words
    • ASIA NOTES
      • Article
        Lock icon US awaits confirmation of Carter deal
        87 5 Reuter WASHINGTON The United States has asked North Korea to confirm assurances given to former president Jimmy Carter about its nuclear programme and expects a response within "a couple of days". President Bill Clinton said yesterday: "We have followed up President Carter's statements to
        Reuter  -  87 words
      • Article
        Lock icon Lower bonuses for Japanese workers
        70 5 AFP TOKYO Mid-year bonuses in major Japanese companies are likely to be lower for the second straight year. A survey published by the Nihon Keizai newspaper yesterday said the interim results of its survey of 730 major companies showed that the bonuses would work out
        AFP  -  70 words
      • Article, Illustration
        Lock icon Shared anxiety
        57 5 Reuter SYDNEY Members of the public stopping to watch the latest share prices outside the Australian Stock Exchange here yesterday. Uncertainty over when Australian interest rates will rise has cast local stock and bond markets into turmoil as shares plummet below a key psychological chart point and bond
        Reuter  -  57 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      593 5 An asset management group based in Asia has vacancy/ies for: Portfolio Managers who are licensed investment representatives; ,r who are experienced in managing Asian investments; ,r who have achieved an outstanding and verifiable performance record Operations Manager who is a qualified accountant; who has experience in auditing financial institutions; who
      593 words
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  • FOCUS
    • Article, Illustration
      Lock icon Free trade, managed trade or preferred trade?
      1708 6 North American Free Trade Agreement NYT DALLAS A free trade agreement, politicians proudly called it. The North American Free Trade Agreement. Since it took effect on Jan 1, trade between Mexico and the US has set records. But, US meatpackers want to know,
      NYT  -  1,708 words
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      Page 6 Advertisements Column 1
      304 6 frWi'.-V from Ei'7/l.'l from Western Panorama US$527 Island Dreams US$29l Western Trails ussso4 EEsaa Western Vistas US$6ll Affordable Hawaii US$236 lt'd Affordable Caribbean US$242 Florida Sunshine US$4lB i i Silverado Trails US$793 Golden Aloha US$56B 4,; fcMtJifcliHl Romantic Shores US$57B Southern Explorer US$Bl6 Caribbean Rhythms US$434 Prices include: Accommodation Airport
      304 words
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      Page 6 Advertisements Column 2
      33 6 YOUR DAILY GUIDE The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166.
      33 words
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      Page 6 Advertisements Column 3
      107 6 Anniversary Celebration Package 11 *fc I. {w lAJtafr gg\fy•*- Going the extra, mile for you. Deluxe Room $145".,. w»rth Japanese Set Dinner More Than /J>ry/\ $10 room rebate vouchers for each room night Nw /II for your next stay (Elite rooms only) 3_ I Shuttle to airport** Suite Upgrade Upgrade
      107 words
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  • THE WORLD
    • Article, Illustration
      Lock icon S'pore firm acquires 2 sites in S Africa to develop hotel, residential estate
      487 7 The Straits Times MBT PRETORIA Bio Supreme Development, a Singapore firm with the biggest investment in South Africa among the republic's companies, has acquired two other sites in the country' to develop a hotel and residential estate.
      The Straits Times; MBT  -  487 words
    • Article
      Lock icon Fate of German postal privatisation uncertain
      388 7 Reuter BONN Germany's ambitious plan to privatise telephone monopoly Deutsche Bundespost Telekom in one of the world's biggest stock market listings still hangs in the balance a week before the final vote in Parliament. Postal Minister Wolfgang Boetsch yesterday said the government and the
      Reuter  -  388 words
    • Article
      Lock icon US-funded scheme will link Russian clearing houses
      326 7 Reuter MOSCOW A US-fundcd custodian project for Russian equities will soon link clearing centres in Moscow and St Petersburg in a move which may be followed by the creation of a Nasdaq-style trading system in Russia. Banking sources yesterday said Chase Manhattan Bank
      Reuter  -  326 words
    • WORLD WATCH
      • Article
        Lock icon Russia-Nato accord
        64 7 Reuter BRUSSELS Russia and Nato ended four days of talks yesterday with an accord on close military and political cooperation that stopped short of giving Moscow a say in how the Western alliance ran its affairs. The two sides will make the accord public today when Russian Foreign
        Reuter  -  64 words
      • Article
        Lock icon UK trade deficit widens in May
        91 7 AFP LONDON Britain's seasonally adjusted visible trade deficit with countries outside the European Union widened to £767 million (SSI.B billion) in May from a revised £493 million in April, the central statistical office said yesterday. The widening flowed from an increase in the ratio
        AFP  -  91 words
      • Article
        Lock icon Israel gives nod for free trade zones
        76 7 AFP JERUSALEM The Israeli parliament has passed a bill allowing for Free Export Processing Zones in development areas. The Knesset voted late on Monday to approve the bills which will grant 20-year tax breaks to firms investing in the zones which will be
        AFP  -  76 words
      • Article
        Lock icon Thailand, China accused of dumping
        80 7 Reuter WASHINGTON The US International Trade Commission voted in a preliminary ruling that disposable Thai and Chinese lighters arc a threat to US industry, allowing the Commerce Department to proceed with its probe. The ITC said in a statement that it voted 5-1 in both
        Reuter  -  80 words
      • Article, Illustration
        Lock icon All in the family
        38 7 Reuter BOGOTA Colombian President-elect Ernesto Samper, his wife Jacquin Strauss and their two sons Miguel and Felipe celebrating Mr Samper's victory in Sunday's presidential elections on Monday at a party for his supporters. Reuter
        Reuter  -  38 words
    • Article
      Lock icon US administration proposes law to help Russian exports
      331 8 Bloomberg Business News WASHINGTON The Clinton administration has proposed new legislation that could reduce the chance that low-priced exports from Russia and other non free-market economies will be penalised under US trade law. The proposed legislation could help Russia and other countries
      Bloomberg Business News  -  331 words
    • Article
      Lock icon Chirac makes pitch to disaffected youth ahead of presidential election
      455 8 AFP PARIS French right-wing leader Jacques Chirac has launched a "manifesto" ahead of next year's presidential election, as candidates on right and left jockey for position. Conjecture about the race to succeed Socialist President Francois Mitterrand intensified at the weekend
      AFP  -  455 words
    • Article, Illustration
      Lock icon A fetish looking for a deal
      68 8 AFP LONDON Laura Buxton of Sotheby's Tribal Art Department blowing the dust off a kingo/Yili Nail fetish from /aire here on Monday. Ihe figure was used as the basis for striking business deals, with the nails and blades embedded in it s>mbolising a legally
      AFP  -  68 words
    • Article
      Lock icon EU ministers agree on approach to keep out foreign workers
      366 8 FT BRUSSELS European Union justice and interior ministers agreed yesterday on a joint approach to keeping foreign workers out of the EU. and that no member-state should relax this policy without reference to its partners. At the same time, the
      FT  -  366 words
    • Article
      Lock icon Fury at UK hotel-style star rating system for hospitals
      289 8 AFP LONDON Britain's Conservative government is planning to give hotel-style stars to its national health system hospitals. arousing the fury of doctors and opposition parties. From the end of this month, the public will be able to check out the hospital
      AFP  -  289 words
    • Article
      Lock icon SEC tells US mutual funds to do a better job on derivatives
      298 8 The Washington Post NEW YORK Responding to recent mutual fund losses caused by risky financial derivatives, Arthur Levitt Jr. the chairman of the Securities and Exchange Commission (SEC), told the mutual fund industry in letters sent on Monday
      The Washington Post  -  298 words
    • Article
      Lock icon US energy agency sued over nuclear waste storage deal
      510 8 Bloomberg Business News MINNEAPOLIS The US Department of Energy is being sued by 14 power companies and regulators from 20 states who claim the agency is backing out of an agreement to begin storing their mounting nuclear waste in 1998. The
      Bloomberg Business News  -  510 words
    • Article, Illustration
      Lock icon US diplomats lament foreign policy swings, indecision
      498 9 Washington Post WASHINGTON The sharp decline of public confidence in US President Bill Clinton's handling of foreign policy is echoed by many of America's professional diplomats, who say that policy swings in places like China, Bosnia and Haiti have created a sense of
      Washington Post; Reuter  -  498 words
    • Article
      Lock icon TV lobbyist hopeful Europe will relent over US-made shows
      219 9 AP WASHINGTON America's top lobbyist for the film industry says he is encouraged by signs that Europe may be willing to compromise in a bitter fight over how many US entertainment programmes can be broadcast on European television. Jack Valenti, president
      AP  -  219 words
    • Article
      Lock icon German think-tank stresses EU federal vision
      295 9 FT BONN The European Union must take another big step in 1996 towards a federal future, under strict democratic control, and with clearly defined powers, urges a top-level German think-tank. It set out an agenda on Monday for the inter-govern-mental conference which is intended
      FT  -  295 words
    • Article
      Lock icon Uncertainty over Quebec hurting Canada financially
      277 9 Reuter OTTAWA Prime Minister Jean Chretien on Monday said political uncertainty over Quebec separatism was hurting Canada financially, but added that his Liberal government would still meet its deficit reduction target. Asked if he would have to make further spending cuts, Mr Chretien said
      Reuter  -  277 words
    • Article
      Lock icon Trader's misconduct pulls focus to Kidder's overall soundness
      318 9 Los Angeles Times NEW YORK When the prominent Wall Street brokerage firm Kidder, Peabody Co disclosed in April that its chief government-bond trader had allegedly falsified transactions to create US$35O million (***** million) in bogus profits, the company sought to portray the
      Los Angeles Times  -  318 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      149 7 Golden Tradition, automatic movement with the unique Universal Geneve microtor system 18K Solid Gold case and Sapphire crystal-clear back cover. IBeauty which goes heyond the face alone. The Golden Tradition from Universal Geneve. Clear Sapphire crystal hacking. Solid Gold case. Exquisitely complemented hy an impeccably crafted Swiss mechanism. Perpetuating time-honoured
      149 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      134 8 Whatever your printer is, we've a specially developed label for you Specially developed for o||^^^^^^pecidll^eveloped high speed ink-jet i .1 Laser, LED and ICS I for all standard W guaranteed trouble-free I guaranteed top guaranteed perfect |l\ printing I quality printing printing results aaiflll sharp definitions for I t everytime
      134 words
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      Page 8 Advertisements Column 2
      120 8 KENNEDY-WILSON INTERNATIONAL sm Sale of 14 U.K. and European Hotels and Casino Reserve prices from U552,100,000 to U5528,800,000 A sample of properties included in the sale are: HOLIDAY INN GARDEN BEACH HOTEL Cambridge. United Kingdom luan les Pins. Cote d'Azur, France 199 rooms. In the heart of Cambridge 174 rooms.
      120 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      863 9 How to save several thousand dollars on your next conference. Have it at The Beaufort Singapore. between 15 May and 31 July 1994. Where you'll have all your food and With a choice of different menus beverage expenses* at the opening incorporating the very best of condinner function for your
      863 words
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  • SPORTS
    • Article, Illustration
      Lock icon Who Els can do the impossible?
      738 10 US Open NYT OAKMONT, Pennsylvania It isn't often that a golfer can drive his ball all over the state of Pennsylvania and still win the United States Open. Then again, it isn't often that a golfer like Ernie His comes along. Els, 24 years
      NYT; Reuter  -  738 words
    • Article
      Lock icon Those were the days of great golfers in the US
      753 10  -  Monday's game is embarrassing evidence of America's waning prowess, writes Dave Anderson Dave Anderson NYT OAK MONT Ernie Els didn't win the US Open; Oakmont did. But the 24-year-old South African is holding the Open's big silver trophy now, the
      NYT  -  753 words
    • Article, Illustration
      Lock icon Towards a flying finish
      43 10 Reuter WIMBLEDON Martina Navratilova of the US jumping through the air during her match against Britain's Claire Taylor at the Wimbledon tennis championships on Monday. She won 6-2, 6-3. Martina has announced this will be her last tournament. Reuter
      Reuter  -  43 words
    • Article
      Lock icon McNeil ousts top seed Graf in first-round shocker
      500 10 Wimbledon AP WIMBLEDON Overcoming high winds, rain delays and the world's top player yesterday, Lori McNeil shocked fivetime champion Steffi Graf in the first round of Wimbledon the first time a reigning titlist exited so quickly. McNeil, long considered a dangerous grass-court
      AP  -  500 words
    • Article
      If you have missed out on a ticket to Wimbledon, do not despair
      567 10  -  From Michael Karem The writer, a London-based freelance journalist, contributed this article to BT. ARE you planning to be in London before July 3? And have you thought of dropping in to Wimbledon while the tennis championships
      567 words
    • Article, Illustration
      Lock icon Brazilians display firepower, Saudis show their mettle
      524 11 World Cup Finals AP STANFORD Brazil cut through an outclassed Russian defence for an opening 2-0 victory in its quest for the fourth World Cup title that has eluded it for 24 years. By the same score on Monday, Saudi Arabia saw a
      AP; AFP  -  524 words
    • Article
      Lock icon Latin-style soccer takes an early drubbing
      587 11 NYT WASHINGTON Opening weekend of the 15th World Cup came and went without the gush of goals organisers had hoped for but with enough cxciting play and near-goals to more than satisfy the sport's universalist fans. For fans of Latin-style soccer, though, it was
      NYT  -  587 words
    • Article, Illustration
      Lock icon Samba before kick-off
      31 11 AFP STANFORD A women dressed as a Brazilian samba dancer participating in the opening ceremonies for the first World Cup match here at the Stanford Stadium on Monday.
      AFP  -  31 words
    • Article
      Lock icon Rockets or Knicks, who wants it more?
      752 11 NBA Finals NYT HOUSTON Coaches always talk about victory going to the team that "wants it more." But what happens when two teams of equal strength, equal desire and who are equally hungry for victory meet in the final game of a close
      NYT  -  752 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        55 11 NEW YORK Major league Monday American: Detroit I Cleveland 7; Baltimore 5 Milwaukee 6; NY 7 Minnesota 5; Toronto I Boston 4; Chicago 6 Texas 12; California 0 Seattle 5. National: St Louis 4 Montreal 8; Atlanta 7 NY 3; San Diego 2 LA 3; Colorado 4 Houston 5;
        55 words
      • Article, Illustration
        Lock icon Boxing
        157 11 AP ATLANTA Former champion Evander Holyfield said on Monday he considered his heart problem healed and he wanted a rematch with Michael Moorer for the heavyweight title. "I'm going to fight." said Holyfield, who lost the WBA and IBF titles to Moorer in April. After the fight he was
        AP  -  157 words
      • Article
        Lock icon Rugby
        210 11 AP MELBOURNE Australian trio Tony Daly, Phil Keams and Ewen McKenzie will break the world record for most tests as a front-row combination when they play in the second test against Italy at Olympic Park on Saturday. The front-rowers will combine for the 34th time, breaking the world record
        AP  -  210 words
      • Article, Illustration
        Lock icon Soccer
        172 11 AFP AFP SEOUL South Korean police filed criminal charges against 10 civil servants in northeastern Kangwon province after they beat up a soccer referee who showed their team a red card, press reports said yesterday. The Korea Times said the 10 city hall workers, including the 26-year-old at whom
        AFP  -  172 words
      • Article, Illustration
        Tennis
        140 11 LONDON Wimbledon Ist rd scores yesterday Men: Olivier Delaitre (Fra) b Rodolphe Gilbert (Fra) 6-2 7-5 7-5. Women: 3-Con-chita Martinez (Spn) b Rene Simp-son-Alter (Can) 6-1 6-3; 9-Lindsay Davenport (US) b Julie Halard (Fra) 6-1 6-4; Tessa Price (SA) b Andrea Stmadova (Cze) 6-3 7-5; Petra Langrova (Cze) b
        140 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      85 10 ■.< 2? SIIBb?jgjH| IISP Suntec City Tower. The largest office 11l For details on the Business Capital of Asia, call Suntec City: 295 2888, Jones Lam At 28,000 sq. ft. per floor, the 18-storey Suntec City Tower has the largest and most efficient floor plates within the CBD. .As part
      85 words
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      141 11 ivi V 1 ami >-± 'rv r, '{'a i '■•Smt i t I fc C.4 IS- 3t3| rgest office floor plates in the CBD. Aty: 295 2888, Jones Lang Wootton: 220 3888 or Knight Frank: 222 1333. "ers state-of-the-art facilities and access to 3,200 covered parking lots. Its design incorporates
      141 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      697 12 Nothing Beats A Bud, FULL DRV g SEMINAR PRCKRGE Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For only $45 per person for a full day
      697 words
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      Page 12 Advertisements Column 2
      432 12 WHERE TO WINE, DINE AND ENTERTAIN "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese all-time favouhtes performed 'live'. Drinking and dancing Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm 8 pm, with one tor one standard drinks. Club 5. It's the place for
      432 words
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      Page 12 Advertisements Column 3
      202 12 //V7p THE EtyrmmNT:^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm H nJjkuiic 7th 800. Ownea Union Howe. CoUyrr Quay Singapore 0104 Trl
      202 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Kenny Loggins follows his heart back to Pooh Corner
      829 13 New album is his journey of self-discovery Reuter KENNY Loggins is a man who believes in letting his heart lead. In his life he follows it. in his music he writes and sings from it and he is not afraid to
      Reuter  -  829 words
    • Article
      Rushdie wants cottage back
      199 13 CHATTERBOX SALMAN RUSHDIE is trying to reclaim a resort cottage owned by his father in the Himalayan foothills. The author-in-hiding filed a petition last week with the High Court in Himachal Pradesh state to demand that the state government vacate the cottage and one acre estate
      199 words
    • Article, Illustration
      A bumpy road to Nirvana
      780 13  -  Singapore Festival of Arts Tragedy, comedy interweave in this thoughHprovoking but uneven play on one man's life quest, writes Rang Shi Xue Rang Shi Xue TIMES change, but the land endures. How true this is of 20th century China, which has seen its people suffer
      780 words
    • Article, Illustration
      Lock icon Die-hard Aussie skiers slalom on asphalt and fake snow
      661 14 If you can't ski down alpine slopes, rollerblading will have to do Reuter Australian skiers arc a dedicated breed the nearest snow can be a six-hour drive away, forcing them to practise on asphalt roads where a slalom risks a dangerous
      Reuter  -  661 words
    • Article, Illustration
      Lock icon Hollywood makes pilgrimage to Bosnian village
      645 14 Reuter Hollywood has come to Bosnia, not to portray the horror of war but to spread the word of God. High in the rocky hills of western Herzegovina, US actor Martin Sheen, star of the Vietnam war film Apocalypse Now, has donned a friar's
      Reuter  -  645 words
  • Page 13 Advertisements
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      64 13 hottest pick-up place. Caper's Smart Lunch. At only $21.50*\ it's also a smart choice. For you will enjoy the best of Asian favourites and Continental delights while soaked in the absolute comfort and plushness of The Regent. Capers, the pick of smart lunches. the (Regent j C J SINGAPORE A
      64 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1250 13 TV RADIO Unathorised Biographies: Aron 11.30pm, SBC 5 Elvis Presley started out life as a pauper from Tennessee. where he recorded his if. song. /"//<// "v Alright Mama, in Wt a little known studio in Mem- <3 Ujj^R^ phis ealled Sun Studios. Little Iw wT did the world know that
      1,250 words
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      345 14 m W X When one chooses a To someone as discerning as a Camry 2.2GL But what could be more convincing to buy a C car as uncompromising as driver, The Wentworth Club in England is well Camry 2.2GL, than an elegantly stylish, enviably the Camry 2.2GL, a car known.
      345 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Lock icon Jakarta seeks closer collaboration with S'pore
      1366 15  -  Asia's borderless regions: Sijori Growth Triangle FACE TO FACE As Indonesia changes gear to face stiff competition from China. BT's Regional Analysis editor Yang Kazali Kassim meets up with Investment Minister Sanyoto Sastrowardoyo to get a better feel of Jakarta's thinking Yang Kazali Kassim
      BT chart  -  1,366 words
    • Article, Illustration
      How Sijori can tackle China challenge
      1213 15  -  Special to BT MARI PANGESTU MARI PANGESTU Dr Pangesiu is head of the economics department of the Jakarta-based Centre for Strategic and International Studies <lSIS) THE overwhelming competition from China is one of two key issues facing Asean's first "borderless" sub-region, the Singapore-Johor-Riau (Sijori)
      1,213 words
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  • Article, Illustration
    Political reality the driving force
    1240 16  -  Asia's borderless regions: Sijori Growth Triangle Special to BT SREE KUMAR SREE KUMAR The writer is a Singapore-based economist with interests in South-east Asian developments SIJORI, the Southern Growth Triangle, has been created as a result of political will rather than purely economic forces. But
    1,240 words
  • Page 16 Advertisements
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      294 16 yt ■I 600 dpi. Resolution Enhancement technology, micro fine toner Up to 66 MB of memory HP PCLS Enhanced l Support Adobe* Postscript* Level Up to 850 sheets A 75 envelopes plus optional duplex 5 I -a HP is out in front again with the new HP LaserJet 4 Plus
      294 words
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      182 17 1994 Four Season* Hotel* Ltd. a Singapore hotel that i devotes unrelenting attention to something or great interest to you. v JLOU. 7 Int roaucing Fo u r Seasons Hotel Singapore. Singapore has become Southeast Asia s crossroads of business. To help you give it your full attention, Four Seasons
      182 words
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  • Article
    Oman's coalition woes
    525 18 EDITORIAL PRIME MINISTER Chuan Leekpai's government is under siege. Constant pressure is being piled on his 20-month old fragile eoalition, whieh could lead to yet another reshuffle or a dissolution of Parliament and new general elections. The pressure comes from both the opposition as well as members
    525 words
  • WHAT THE OTHERS SAY
    • Article
      Legal fees and the market
      321 18 MORE THAN three years ago, the government agreed to review the fees payable to solicitors for conveyancing and to consider opening this work to non-lawyers. A year later, the idea of opening the field was dropped. Another two years passed. Now, word is finally out
      321 words
    • Article
      A bold step by Umno
      193 18 MONEY POLITICS is not new in Umno. But, speaking at the Umno special general assembly in KL recently, party president Mahathir Mohamad acknowledging openly for the first time that money politics was pervasive in the party. To check the problem, some 1,760 delegates at the
      193 words
    • Article
      Put family values into practice
      126 18 THE FIVE core family values are not something new to the various communities. They are part of the philosophy of life handed down from generation to generation. But with the onslaught of Western influences, there is a danger of these values being eroded. The success
      126 words
    • Article
      Think well before shifting
      191 18 THE research commission on the transfer of the Diet and other government functions outside the Tokyo metropolitan area has published a report recommending that such a move should be the first step in "reforming" the whole country. For the public, who are frustrated that no signs
      191 words
    • Article
      Bury the past
      123 18 ALMOST thirty years have passed since the coup attempt. The perpetrators of the drama are either elderly or have already passed away, and many of their children are now parents themselves. A new generation of Indonesians is on the rise. It is time that we put the
      123 words
    • Article
      Snuff out money politics
      116 18 ABSOLUTE POWER docs not just corrupt absolutely, it also tends to believe in its own lies. If the curse of money is covered up under the warm blanket of power, it will grow to malefaction expressed in the Malay proverb: musuh dalam se/imut. The enemy under
      116 words
  • Article, Illustration
    Get the ad boys cracking on selling Europe plc
    938 18  -  The recent Euro-elections do not portend well for the EU. Neville Stack says time's running out to convince the people that the Union's a good deal Neville Stack The writer is a political commentator based in London. He writes regularly for
    938 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      267 18 For over two decades Singapore Business has covered the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than I J Tk iT any other publication. Some may call it an unfair H|\ I advantage. We at Singapore Business
      267 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      52 18 He MIX (hguwpo ft P&RsoNp\LiTy\ /TVJfkT roOJLPsND \S B OR. CO\NGl£ PPvSS... >/ STRPKNGe O»ARP\CTee..I HRfcDL>/ SFfcPKS \R Corn9L£T£ LQNJ&R• ..y y V 1 .r T__J SvjßPßlStflQ cas»ociatm)ntwsPAAtwslto. minw frdU>» 9gie DOONESBURY GARRY TRUDEAU SAYTHATTWONLYTW&WU LOWUW&)MZFOUR. M M I NOUCOUN- W W,MI WEBB RUNNING FORUJAS CMILPRBN —ANPMY rJgT ?Z/52* I
      52 words
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  • ANALYSIS
    • Article, Illustration
      A chance to show 'em who's boss again
      1349 19  -  While Leon Hadar finds US hawks nostalgic for the Cold War era taking advantage of the North Korean crisis as an opportunity for reasserting American global power. Rone Tempest explains why Pyongyang need not be unduly worried about possible sanctions Leon Hadar
      1,349 words
    • Article
      Lock icon The giant loophole in that UN sanctions threat
      1258 19 AP ON THE Chinese side of the border, a convoy of seven North Korean flatbed trucks, sagging under their load of several tonnes of Chinese rice, rumbled under an ornamental gate on their way across the Tumen River to North Korea. Half
      AP  -  1,258 words
  • Page 19 Advertisements
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      28 19 P STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINOAPORE r I 1 Business Times WE KHOW ASM
      28 words
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      Page 19 Advertisements Column 2
      216 19 ''mm Bj The Ultimate Mediterranean Lunch Is Closer Than You Think a pleasant riverside stroll or river taxi ride from Shenton Way. That close v JP Bastiani at Clarke Quay i —> N. Liberate your palate Our tempting set /^C\\c^. lunch consists oi bourses including irresistible appetizer and dessert (or
      216 words
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  • Article
    Lock icon US trade deficit soars to US$8.4b in April
    538 20 Worst quarterly current account performance since 1988 Bloomberg Business News AP WASHINGTON The US monthly trade deficit worsened dramatically in April, soaring to US$B.4O billion (5512.8 billion), the government said yesterday. The bad news was likely to put even more pressure on
    Bloomberg Business News; AP  -  538 words
  • Article, Illustration
    Lock icon Shi'te muslims celebrate Moharam festival
    52 20 Reuter NEW DELHI Young Indian shi'te Muslims, their bodies covered in blood, beat their bare chest with razor-blades to mark the Muslim festival Moharam in the old section of Delhi yesterday. The traditional shi'te festival is celebrated to mourn the martyrdom of prophet Mohammed's grandson
    Reuter  -  52 words
  • Article
    Apec gearing up to meet business needs
    490 20  -  Iseas workshop: Challenges and opportunities in Apec Reports by Yang Razali Kassim SINGAPORE Moves are afoot to make the Asia Pacific Economic Cooperation forum more relevant to business in the region. The aim is to make the 18-member Asia Pacific body more responsive
    490 words
  • Article
    Fears of a divided Afta if members link up with Nafta
    226 20 SINGAPORE Fears have been raised that the Asean Free Trade Area (Afta) would be divided and submerged if some Asean members linked up with the North American Free Trade Agreement (Nafta). A regional workshop on Apec here was told
    226 words
  • Article
    Lock icon Japan's first quarter growth strongest in three years
    377 20 AP AFP TOKYO Japan's economy grew at an annual rate of 3.9 per cent in this year's first three months, the strongest growth in three years. The government said yesterday that gross domestic product, a broad indicator of what a country produces
    AP; AFP  -  377 words
  • Article, Illustration
    Ho Chi Minh City caught up in consumer boom
    892 20  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs IT's about time outsiders changed their image of the folks in Ho Chi Minh City. Both the Western and Asian media continue to portray
    892 words
  • Article
    Yen will dip to 115 against US$: economist
    356 20  -  By Vikram Khanna SINGAPORE The yen will probably weaken to around 115 against the US dollar in the next 12 months, says the managing director and chief international economist of Kidder, Peabody Securities Co, Michael O'Hanlon. He also believes the US economic
    356 words
  • Article, Illustration
    Lock icon Negotiators report progress over Hongkong talks
    210 20 AP HONGKONG Britain and China reported progress yesterday in preparing for a smooth transfer of Hongkong to Chinese rule in 1997 following signs that Beijing wants to end the row over British political reforms for the territory. Meeting for the first time since December,
    AP  -  210 words
  • Page 20 Advertisements
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      80 20 KAISER KITCHEN SYSTEM FULL SERVICE OFFICES I 1111 furnished exeeut ive suites I ull-t itne stall at your scrviee onlerenee rooms lull suj >| >< >rt in«j[ up-to-date facilities Si rat 1< >eat if >n Ideal lor one/two person set-up a \ery reasonable rales. A AHSOI.ITHLV \o 1111>i>i:\ iiar(,i;s! Visit
      80 words
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      Page 20 Advertisements Column 2
      129 20 KAISER KITCHEN SYSTEM Japan minister's planned visit to US fuels hopes of partial trade deal Pg 5 SINGAPORE LUMPUR NGEEANN ODCON TOWERS MENARA IMC cmr (OpP. RaflM (Opp Shangri-la Hotel) (Orchard Road) Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-339 1676 MRCENTRE Operate A Business From Home We give complete
      129 words
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  • COMPANIES & MARKETS
    • Article
      Keppel planned to buy YHS stake: Yeo
      546 21  -  Move failed after disagreement with family owners over market price of rights shares, court told By Genevieve Cua KtPI'EL Corporation negotiated to buy a minority stake in Yeo Hiap Seng's family holding company in August 1992, YHS chairman Alan Yeo disclosed yesterday. Keppel
      546 words
    • Article
      CSA shells out $2.5 m for Eutech stake
      251 21  -  By Joseph Rajendran SINGAPORE Computer company CSA Holdings yesterday paid 52.5 million for a 25 per cent stake in another local firm, Eutech Cybernetics. CSA managing director Johnny Moo said both companies would benefit from the move. CSA will gain closer links
      251 words
    • Article, Illustration
      Rothmans restructures S'pore stake
      247 21  -  By Ven Sreenivasan UNITED KINGDOM-bascd tobacco giant Rothmans International has appointed Holland-based Rothmans Holdings (Far East) the nominee for its equity stake in Rothmans Industries Singapore. The move follows the voluntary liquidation of Rothmans' former nominees. International Cigarette Consultants (Far East) and Tobacco Exporters International (Hongkong),
      247 words
    • Article
      Investors waiting to see some light as mystery continues to cloud Innovest
      783 21  -  HOCK LOCK SIEW By Amy Balan SINGAPORE Will there be a happy ending to the long-running Innovest saga? Or will we see yet more twists and turns in the story of a once high-flying group that fell to
      783 words
    • Article
      Asean exchange officials tip turnaround
      476 21  -  From Ho Kay Tat in KUALA LUMPUR DESPITE the painful market slump this year, senior officials of several Asean stock exchanges are boldly predicting their bourses will turn around because of rapid economic growth and market liberalisation. "Even though Indonesian stock prices fell sharply in
      476 words
    • Article
      OCBC, UOB post profits in their M'sian operations
      262 21 SINGAPORE OCBC Bank's Malaysian operation has reported a 31.8 per eent increase in net earnings for the year to Dee 31, 1993, while that of United Overseas Bank has grown 43.3 per cent in the same period. l he Singapore hanks, which
      262 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 21 WEAK 1,. f 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6 pm yesterday (hernight events may alter sentiment. Brokers polled: Alliance, Baring, Daiwa. Kay Hian, Nomura, OngCo. Morgan Grenfell, Phillip, Smith New Court, Tat Lee and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        149 21  -  By Paul Leo After trading between $1.39 and $1.53 since April 1, Liang Court Holdings breached support at $1.39 yesterday, sinking to $1.36 before regaining ground to close at $1.40. This indicates that there is buying interest. And it seems to be picking up, given that turnover was
        149 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          CCL names new director
          36 22 SINGAPORE Cycle and Carriage yesterday announced the appointment of Hasni bin Harun as alternate director to Paduka Sallchuddin bin Mohamedin in place of Mohd Zabidi bin Dasuki. The appointment took effect yesterday.
          36 words
        • Article
          Metalock unit changes name
          63 22 SINGAPORE Sesdaq-listed Metalock Singapore yesterday announced that the name of its wholly owned subsidiary, Metaseal Pte Ltd, had been changed to Metalock-Seaserv (S) Pte Ltd with effect from June 7. Metalock said it had sold 35,000 ordinary $1 shares in Metalock-Seaserv to various parties involved in
          63 words
        • Article
          Rotary buys 60pc of Citic Eng
          73 22 SINGAPORE Rotary Engineering has taken a 60 per cent stake in Citic Engineering through the purchase of 60,000 shares at a par value of $1 each for a total price of $60,000. Citic, whose authorised and paid-up capital is $100,000, is an electrical contractor.
          73 words
        • Article
          DBS note offers 4.1544 pc rate
          61 22 SINGAPORE NEXT Merchant Bank said yesterday the interest rate on the DBS Land floating rate note for the period June 9 to Sep 9 had been fixed at 4.1544 per cent per annum, with a coupon amount of $10.62. $106.17 and $1,061.68 respectively for
          61 words
        • Article
          Negros floats in Manila
          81 22 MANILA Negros Navigation Co (Nenaco) became the first Philippine shipping company to go public here yesterday. Nenaco, which is negotiating for a "strategic partnership" with an unnamed Singaporean shipping company, closed at 6.10 pesos, up only 7 per cent from its 5.70 peso offer price. Nenaco's
          81 words
      • Article, Illustration
        Aussie retailer Brash to decide tomorrow on Ong Beng Seng bid
        400 22  -  From Florence Chong in SYDNEY SINGAPORE investor Ong Beng Seng is expected to be told officially tomorrow whether his bid to buy the Australian retailer, Brash Holding Ltd, is accepted. There has been strong speculation in the Australian press
        400 words
      • Article
        Lock icon RHB to take 70pc stake in new Indon securities firm
        234 22 Bernama KUALA LUMPUR Rashid Hussain Bhd has proposed setting up a securities firm in Jakarta as part of the finance group's plan to be an Aseanwide stockbroking firm. Company officials yesterday said RHB recently signed a memorandum of understanding with
        Bernama  -  234 words
      • Article
        CASH continues speculative run, ends 30 cents lower in feverish trade
        228 22 SINGAPORE Clob counter Construction Supplies House (CASH) remained in the speculative spotlight yesterday, closing 30 cents lower at $5.50. Some 6.6 million shares changed hands, making CASH the most active counter for the second day running. It opened yesterday
        228 words
      • Article
        PNB seeks 150 pc hike in authorised capital
        312 22  -  From Al Labita in MANILA MANILA State-run Philippines National Bank (PNB), the nation's largest bank, said it was planning a 150 per cent increase in authorised capital to 25 billion pesos (551.41 billion). Bank president Arsenio Bartolome told an annual stockholders' meeting
        312 words
      • Article
        Lock icon UMG prospectus out by end of this month
        304 22 Bernama KUALA LUMPUR The prospectus concerning the flotation of United Merchant Group Bhd (UMG), the holding company of United Merchant Finance Bhd, is expected to be issued by end-June. UMG director Faruk Othman yesterday said the listing of UMG on the Kuala
        Bernama  -  304 words
      • Article, Illustration
        Lock icon CCL shares rise on news of Ford distribution deal in Vietnam
        466 22 Bloomberg Business News SINGAPORE Shares in Singapore's Cycle and Carriage Ltd rose after the company said it will have the exclusive right to distribute cars and commercial vehicles from Ford Motor Co in Vietnam. The stock rose 20 cents
        Bloomberg Business News  -  466 words
      • Article
        UNIT TRUSTS & FUNDS
        588 22 UNIT TRUSTS FUNDS Maufwv pncM Jun 22 UMB Invest Mgt Ltd Cin>y«juuA 11 14 Tnul l nifund I 44 1.50 Singapore unit Trust 103 1055 The C ommercv I.M l.74*d I nited Or Fund 166 1.73 The Saving* Fund 1.54 162 I piled Asm Fund 1.61 I 73» S pore
        588 words
      • Article
        Lock icon K Guthrie planning rubber wood furniture production
        218 22 Bemama SEREMBAN Kumpulan Guthrie Berhad is looking into ways of utilising and upgrading its rubber plantation. The group is poised to become one of the country's leading rubber wood-based furniture producers. The chairman of its executive committee, Khalid Ibrahim, said the group was
        Bemama  -  218 words
      • Article, Illustration
        Lock icon Moody's boost for News Corp debt outlook
        361 23 Nod for Murdoch's expansion in global TV broadcasting Reuter SYDNEY Rupert Murdoch's News Corp appears set to expand without the debt problems which nearly sank the global media group in 1990, Moody's Investors Service said in a report yesterday. The report is considered
        Reuter  -  361 words
      • Article
        Lock icon New World to invest HK$2.5b in Shanghai
        257 23 Eastern Express HONGKONG New World Development, one of Hongkong's biggest developers, plans to invest HKS2.S billion (*****.75 million) in Shanghai over the next four years. Apparently undaunted by the mainland's economic uncertainties. Peter Cheng, a director of New World Development. said the company
        Eastern Express  -  257 words
      • Article
        Lock icon Chinese firms find that prices count
        323 23 Bloomberg Business News HONGKONG Chinese companies attempting to sell stock to foreign investors are coming up against a discomfiting truth: prices count. It's a far cry from last summer, when Chinese stocks were the darlings of fund managers the world over and pricing was
        Bloomberg Business News  -  323 words
      • Article
        Lock icon Shenzhen to lure foreign investors with more B shares
        196 23 AFP HONGKONG The Shenzhen Stock Exchange plans to issue more B shares reserved for foreigners this year in an attempt to attract new investment to revive trading, reports said yesterday. Yu Guogang, deputy president of the Shenzhen exchange, said in Hongkong
        AFP  -  196 words
      • COMPANY BRIEFS
        • Article
          Lock icon Sony wins suit against George Michael
          115 23 Bloomberg Business News LONDON Sony Corp, the music and entertainment company, won its battle in a UK court to keep pop musician George Michael under contract. Michael sued the Japan-based recording giant last year, seeking to break a 20-year contract he said was too
          Bloomberg Business News  -  115 words
        • Article
          Lock icon Lotus lowers profit forecast
          93 23 NYT NEW YORK Lotus Development Coip stunned Wall Street analysts on Monday by announcing that its financial results for the current fiscal quarter would not meet previous estimates. The company now expects to achieve revenue of US$23O million (*****.9 million) to US$24O million with earnings per
          NYT  -  93 words
        • Article
          Lock icon Taiwan's IC maker sees higher profit
          70 23 AFP TAIPEI Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the island's largest integrated circuit producer, yesterday lifted its forecast net profit for calendar 1994 by 42.5 per cent to NT57.43 billion (*****.2 million). TSMC, with capital of NT$6.OB billion and owned 26.5 per cent by
          AFP  -  70 words
        • Article
          Lock icon Australian-Chinese stainless steel deal
          95 23 Knight Ridder LONDON Australian mining company Boulder Gold NL, Australian Overseas Resources Ltd and Guangzhou Iron and Steel Co, have signed more formal joint venture arrangements for the planned stainless steel bar and wire rod micro mill to be built in China and have decided to
          Knight Ridder  -  95 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Investors shunning lacklustre world bond markets: economists
        518 24 Reuter NEW YORK The world's government bond markets are in such a depressed state that they currently hold little interest for investors, US economists said. "I'm having a hard time finding anything that looks especially good," said Doug Burtnick, senior fixed-income analyst at
        Reuter  -  518 words
      • Article, Illustration
        Lock icon This is all too much for me!
        49 24 AFP LONDON A trader shouting instructions and prices on Monday after billions of pounds disappeared from the London stock market. Traders blamed the wave of selling on a weekend fall in the US dollar and a sharp rise in commodity prices. AFP
        AFP  -  49 words
      • Article
        Hinduja firm gets Swiss bank licence
        189 24 SINGAPORE A Genevabased finance company owned by the UK-based multi-mil-lionaire Hinduja family has been granted a banking licence by the Swiss Federal Banking Commission. According to a statement released over the weekend, the finance company, formerly Amas SA, has now become Amas Bank (Switzerland).
        189 words
      • Article
        Lock icon Visa, MasterCard standardise smart card
        395 24 Bloomberg Business News SAN FRANCISCO Visa International Inc and MasterCard International Inc on Monday said they had completed the first of three steps in setting a global standard for "smart" credit cards containing computer chips. Although the widespread usage of such cards remains at least
        Bloomberg Business News  -  395 words
      • SMALL CHANGE
        • Article
          Lock icon New M'sian export-import bank?
          114 24 AFP KUALA LUMPUR Malaysia's state-owned industrial bank yesterday said it was looking into starting an export-import (Exim) bank based on an Indian model to case local investors' overseas deals. "With the way this region is flourishing, we'd lose out if we don't have an Exim bank,"
          AFP  -  114 words
        • Article
          Lock icon Alco gets HK$170m loan
          68 24 AFP HONGKONG Consumer audio products maker Alco Holdings Ltd's wholly owned Alco Electronics Ltd has secured a HK$l7O million (Ss34 million) syndicated loan for capital investment and general funding. The subsidiary has signed a syndicated loan agreement with nine local and international banks. The financing, with
          AFP  -  68 words
        • Article
          Lock icon Thai Airways to sell US$198m bonds
          60 24 Bloomberg Business News BANGKOK Thai Airways International pic will sell US$l9B million of debentures with warrants in August or September. The domestic bond sale, part of the gradual privatisation of the carrier, will help pay for six aircraft that are to be delivered in
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Lloyd's underwriter accused of lying
          82 24 Bloomberg Business News LONDON A Lloyd's of London insurance market underwriter has been accused of lying about Gooda Walker syndicate 298's likely losses from the Piper Alpha oil platform disaster. The Financial limes yesterday said that underwriter Stanley Andrews, giving evidence during a High Court
          Bloomberg Business News  -  82 words
      • Article
        Lock icon Citicorp offloads corporate earnings estimates unit
        331 24 NYT NEW YORK Citicorp, continuing to shed non-strategic assets in an effort to build capital and focus on its core financial businesses, has sold l/B/E/S Inc, a supplier of corporate earnings estimates, to an American subsidiary of VNU, the Dutch publishing giant. Citicorp and
        NYT  -  331 words
      • Article
        Amex picks info-tech firm EDS for US$350m contract
        199 24  -  By Shiv Taneja SINGAPORE American Express Bank has chosen USbased information technology company EDS to provide information management services to its worldwide network of offices. Amex said yesterday that contract negotiations would start soon. This deal is expected to run for 10
        199 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        123 24 THE SINGAPORE dollar continued to firm against the US dollar yesterday with stoploss orders triggered at the 1.53 level. The Malaysian ringgit closed relatively unchanged in moderate trade. The Thai baht continued to firm against the US dollar as banks scrambled to buy baht in
        Source: Dow Jones Telerate  -  123 words
      • Article
        Lock icon London
        201 24 Bloomberg Business News LONDON The dollar headed towards a post-World War II low against the yen as traders tested the resolve of central banks to defend the US currency. The dollar traded as low as 100.55 yen. That's weaker than the 100.81 yen it reached on May 5. the
        Bloomberg Business News  -  201 words
      • Article
        Prices climb as US July crude expires
        159 24 Bloomberg ENERGY REPORT LONDON Crude oil prices rose yesterday on both sides of the Atlantic. The strength came trom last night's expiration of the July contract on the New York Mercantile Exchange. There is always a measure of uncertainty regarding price direction immediately
        159 words
      • Article
        Lock icon New York
        89 24 AFP NEW YORK [he dollar strengthened in early trading yesterday but remained fragile after new trade figures showed a sharper-than-expected increase in the US trade deficit. At around 9:lsam (1315 GMT), the dollar was trading at 1.6025 German marks against 1.5925 on Monday and at 102.00 yen against
        AFP  -  89 words
      • Article, Illustration
        Untitled
        1700 24 InJemifhled index ccihiilaled uifuiml .V'/mr<\ ii>f> 14 trading ixiHiht\ Bum* year /W.J US$/S$ forward rates Noon June 21 s$ Bid Oder 1-month 1 5264 1.527V 2-month 1.5260 1.5275 1-month 1.5255 1.5270 6-month 1.5235 1.5255 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on June 21 Singapore dollars to one
        1,700 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar futures end lower
        1432 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollar futures closed lower. Euroyen eased in the afternoon session. following remarks from the Economic Planning Agency viceminister that the worst was over for the Japanese economy. Euroyen had firmed in the morning following a "friendly" Bank of
        Reuter  -  1,432 words
      • Article
        KL tin drops on lower copper prices
        679 25 COMMODITY REPORTS KL Tin I IN dropped nine sen lo elose at VIS 14.35 a kg in line with the fall in eopper prices in London Metal Lxchangc overnight. Higher initial offers hv miners also eased sentiment. A higher local premium of US$7O
        679 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie govt cuts meat, livestock levies
          103 25 SYDNEY A reduction in Australian moat and livestock industry levies would provide an AS Ift million (SSI 8.1 million) boost to producers, the Federal Government announced yesterday. Primary Industries and Eneigy Minister Boh Collins said the cuts to the levies would take eflfcct from
          103 words
        • Article
          World cotton prices seen higher
          115 25 SYDNEY l ow carry-over stocks and strengthening demand will cause an increase in average world cotton prices in 1994-95 (July-June), according to the Australian government's commodity forecaster. Ihe Australian Bureau of Agricultural and Resource Economics said the Cotlook A index, the representative world price for
          115 words
        • Article
          Australian beef export to rise
          114 25 SYDNEY Australian beef exports are expected to total 800.000 tonnes in 1994-95 (July-June) with a value of A 53.332 billion (553.73 billion) according to revised estimates by the Federal Government's commodity forecaster. The Australian Bureau of Agricultural and Resource Economics (Abare) yesterday estimated exports to
          114 words
    • Article
      COMMODITY PRICES
      1505 25 Rubber June 21 Singapore Commodity Exchange Physical Prices (futures closing as at S.30p) Buyers Saltan As at 12 noon (S cents/kg) RSS 1 Contract (S ccnts/kg) Tj— —y ft— KSS 2 iul> 94 165 SO I66.S0N Month High Low Sell (tonnes) Interest 3 u 164.50 165.50N RSS 4
      1,505 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1099 26 -30.8 SHAKES slumped yesterday as bond prices weakened, forcing the bourse's key indicator to close below the psychological support of 2.000 points. I he All Ordinaries Index plunged to 1.993.6 points at the close, down 30.8. The All Industrials fell 50 to 2.884.8 and the All Resources dropped 16.2
        1,099 words
      • Article
        Manila
        651 26 -40.09 Share prices dropped for the ninth straight trading day yesterday. as funds continued to remain committed to forthcoming initial public offerings, analysts said. The poor showing of other regional stock exchanges may have also had some effect but domestic developments remained the main reason for the continued sluggishness
        651 words
      • Article
        Seoul
        346 26 -5.67 Share prices on the Korean Stock Exchange took a downward turn on a correction yesterday after a four-day bull Seoul lun 21 \\<ki(1M)) W\niuk InMirjnu' !0'4UI -MVOO \mj (imcni 4o 7 oo Uti ftj'k an* *>0S (10 urKh flaitMXChc Ju IJ400 Mitch Rank 4 H I'u vin 41
        346 words
      • Article
        Taipei
        702 26 -89.44 Share prices yesterday ended lower in light trading, dampened partially by losses reported in foreign stock markets, with banking and insurance shares hit hardest, dealers said. Following the previous session's 121.31-point drop, the 374-issue Weighted Price Index on the Taiwan Stock Exchange lost another 89.44 points to settle
        702 words
      • Article
        New Zealand
        363 26 -28.96 The New Zealand share market walked in step with weak foreign markets, closing another fairly thinly traded session lower. The NZSF-40 Capital Index closed down 28.96 at 2,043.74 and the smaller companies capital index ended down 47.83 at 4484.56. Volume was worth NZS29 million. "The market didn't
        363 words
    • WORLD STOCK MARKETS
      • Article
        London
        671 26 -30.9 EQUITIES finished another ncr\ous session lower, unsettled by a weak FTSE futures eontract. But trading volumes remained light, indicating institutions are still reluctant to sell, traders and strategists said. "There isn't any real selling out there. The futures hoys are just playing around." one trader said. At the
        671 words
      • Article
        Paris
        155 26 -12.26 French shares finished with losses after having maintained a steady tone for much of the day. An easing in bond markets and weakness on Wall Street helped the market turned down, traders said. The CAC-40 Index was down 12.26 points at 1.890.78. Volume was 4.1 billion francs. One
        155 words
      • Article
        Stockholm
        117 26 -8.68 Shares ended the day lower with the OMX-index hitting a new-year low lor the second day in row on higher foreign debt market vields. The OMX-lnde'x fell 8.68 points to 1.038.91. while the Allsharc Index also fell 0.71 per cent to a new vcar-low of 1,335.87. Turnover was
        117 words
      • Article
        Frankfurt
        184 26 14.45 Shares staged a minor recovery in the wake of Monday's collapse, but the bourse is still vulnerable to further sharp falls. The outlook was still bearish, traders said, with the market lacking any real buying incentives for the time being, and the dollar still hovering at low levels.
        184 words
      • Article
        Brussels
        138 26 -5.17 Shares lost most of their morning gains as dollar, bonds failed to give much impetus. Dealers said the outlook was uncertain and market remained jumpy. The Bel-20 Index ended 5.17 points lower to to close at 1.415.14. Volume was a low 650 million francs. Traders said the market
        138 words
      • Article
        Milan
        157 26 +7.00 Share prices rallied as expected after Monday's huge fall but better-than-hoped news on inflation gave additional impetus. The main market index added on seven points to 678.63 from the previous close of 671.63. But brokers said the market had probably done all it was going to do for
        157 words
      • Article
        Amsterdam
        261 26 -5.04 Shares hung on by their finger nails most of the day, awaiting an expected technical rebound on Wall Street, then fell in the last hour as the US market dropped. Bargain hunters who predicted a floor went away frustrated. The Amsterdam EOE Index (AEX) broke to a new
        261 words
      • Article
        Zurich
        246 26 +0.61 Shares fell back from early highs to end around Monday's close. Dealers said yesterday's early technical recovery ran out of steam when Wall Street opened lower and the dollar turned weak after the US trade figures. There was also pressure from the derivatives market. However. Swiss shares suffered
        246 words
      • Article
        Johannesburg
        321 26 -26 Shares ended mixed again yesterday as industrials fell amid world market uncertainty and ahead of today's national budget. A mid-ses-sion recovery in the sector had proved unsustainable in line with the failure of UK shares to hold their steady earlier levels and an early Wall Street decline. Gold
        321 words
      • Article
        Toronto
        264 26 -86.15 Stocks sank to new 1994 lows at midday, with the key index down more than 2 per cent to 4.000.80 level before bouncing back two points. The TSE 300 Composite stood at 4.002.23 after losing 86.15 points in volume of 35.19 million shares. "There's a real lack of
        264 words
      • Article
        New York
        678 26 -40.27 Blue-chip stocks dropped sharply for the third consecutive session yesterday as the latest frccfall in the dollar revived fears of another rise in interest rates. At Ipm EDT, the Dow Jones industrial average was off a steep 40.27 points, or 1.08 per cent, at 3.701.63. adding to
        678 words
      • Article
        Untitled
        708 26 Britannia Funds Sterling Cash Bid Offer Mim t jp l)qwMl Vlun (iiN 0 l**H 0 IWJ Mini Nlji Income «0<NK» »«»•>MM) I'SS ash Income Plu* Fund t T IMMI 10 *1*10 ps Rc*t v c f un j 5 s;*» Sterling F quilt Euro Performance 0 0 WI4 Ear Easl
        708 words
    • Article, Illustration
      Lock icon HONGKONG
      3106 27 Reuter HONGKONG Stocks fell for the second straight day on rising US long bond yields and news that Hongkongßank was considering a further tightening of its mortgage lending rules. The blue-chip Hang Seng index ended down 140.40 points at 8,857.78 after briefly dipping under 8.800 in the morning. Turnover
      Reuter; Source:  -  3,106 words
    • Article, Illustration
      Lock icon CHINA
      558 27 CLSA TURNOVER in both the Shanghai and Shenzhen B markets continued to shrink. Sanmao was the best performing B counter in Shanghai to close up 2 per cent. By contrast, Refrigerator and Vacuum lost 8 per cent on low volume. The index was down 2.54 points to 799.37. Shenzhen
      CLSA  -  558 words
    • Article, Illustration
      Lock icon TOKYO
      2532 27 AFP TOKYO Share prices continued to plunge here yesterday as investors showed concern about the yen's further advance against other currencies. The Nikkei Stock Average of 225 selected issues in the first section closed 338.87 points or 1.6 per cent lower at 20,813.16. The index lost 351.27 points at
      AFP; Source: Bridge Info  -  2,532 words
    • Article, Illustration
      Lock icon BANGKOK
      1841 27 Reuter BANGKOK Stocks fell across the board on concerns about domestic politics, inflation and falls in key foreign markets, brokers said. The SET index fell 23.96 points, or 1.77 per cent, to 1,329.32, after fluctuating between 1,325.14 and 1,355.27. Turnover was a moderate 7.2 billion baht. "Selling pressure surfaced
      Reuter; Source: Bridge Info  -  1,841 words
    • Article, Illustration
      Lock icon JAKARTA
      1182 27 Reuter JAKARTA Share prices closed slightly lower in slow trading but surprised the market with their relatively good performance despite a sell-off on Wall Street and the region, brokers said. The Official Index ended 0.49 points lower at 475.24. "It was a good sign for Jakarta when the rest
      Reuter; Source: Bridge Info  -  1,182 words
    • Article
      CLOB INTERNATIONAL
      2410 28 MOST ACTIVE volume CASH 50c 6.616.000 Mulpfca Intl 50c 5 886.000 Promcl 5.728.000 Mm H\d 50c 4.667.000 Kcnong Bhd 50c 4.179.000 Kabcr Group 2,51X000 Mukt-Purposc 2.410.000 kamunling 50c 2.167.000 Lien Hoc TSR97 2.004 000 Bcrjaya Ind 1.682.000 UndmarVs Bhd 1.442.000 FACB 50c 1.293.000 AMDB 50c 1.222.000 MOST ACTIVE
      2,410 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Investors take profit on news of Wall St tumble
        5471 28 Bernama KUALA LUMPUR Share prices here closed broadly lower in thin trade yesterday as investors locked in profits due to an overnight tumble on Wall Street and dampened sentiment in other major overseas bourses. At the close, the Emas Index fell
        Bernama; Source: Bridge Info  -  5,471 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7740 29 MAIN BOARD Transaction date: June 21 Ur Gr 1994 I jsi Vol I hi) last Quote Di» IM» Md VI M Cam High Low Company Sale fUOUl llmh low Buyer S*lkr Or S P/K Mnil INDUSTRIAL AND COMMERCIAL 14-10 835 I s Acma 945 -20 306 960 945 945 950
        7,740 words
      • Article, Illustration
        Lock icon Dow's drop dampens market sentiment
        1997 30  -  By Paul Leo SINGAPORE Sentiment on the local bourse was dampened by overnight falls in the US and European stock markets. The Straits Times Industrials Index fell 22.63 points to 2,261.87. Shipyard counters Keppel Corp and Sembawang Corp were the biggest losers among the index
        Bridge Info; Source: Bloomberg  -  1,997 words
  • Page 21 Advertisements
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      562 21 NEWS VALUE How today's news might affect your stocks Singapore's wage costs third highest in Asia (pg I) Heartening in that Singapore's relative position in terms of manufacturing labour costs has improved since 1991. July date for share trading through banks (pg I) Banks will gain at the expense of
      562 words
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      198 22 A SPECIAL 2-DAY EXPOSURE TO THE SUBTLETIES STRATEGIES OF NEGOTIATING SUCCESSFULLY WITH JAPANESE TRADING PARTNERS JULY 20 21, 1994 This seminar aims to help those venturing into the Japanese market better understand Japanese Business Behaviour through the sharpening of their cross-cultural communication and negotiation skills. The seminar will be conducted
      198 words
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      174 23 7 LONDON 5.30 AM ROME 7.15 AM FRANKFURT 7.20 AM PARIS 'i QANTAS TAKES A FRESH APPROACH TO EUROPE 24 TIMES A WEEK. When you fly Qantas to Europe, you'll the little extra thought we've put into our service that have prompted UK's Sunday Times be glad to know we've
      174 words
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      362 25 WESTERN SAMOA long term international J W companies are the most effective for BHaMkajaUlfl your offshore company flKil [j| structure. Available at an effective annual cost We also P rovide offshore companies from: from as low as US$4OO British Virgin Islands per annum. Bahamas Bermuda Full nominee, Cook Islands management,
      362 words
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      Page 25 Advertisements Column 2
      28 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. fr offer* eb the mo®* Wr current u
      28 words
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      Page 26 Advertisements Column 1
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      30 words
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      114 words
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      78 words
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      17 30 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments or Notim, cafl toN-free 1-800-741-1883 [The Btr»iU Timea
      17 words
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      Page 30 Advertisements Column 2
      325 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NIHON PARKERIZING SINGAPORE PTE LTD (IN UOUIOATION) Extract of the Minutes of an Extraordinary General Meeting signed by me Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) of the Companies
      325 words
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      Page 30 Advertisements Column 3
      701 30 TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 THF. COMPANIES ACT. CAP. 50 DI'NSTAN THOMAS (SINGAPORE) PTE LTD (In Members' Voluntary Winding-up I Al an Extra-Ordinary General Meeting of the Company heki at 15 Scotts Road #04-01/03. Thong Teck Building. Singapore 0922. on 15th June. 1994. the following special resolutions were passed:
      701 words
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      Page 30 Advertisements Column 4
      326 30 IN THE MATTER OF THE COMPANIES ACT CAT AND IN THE MATTER OF VESTRAD PRIVATE LIMITED MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duty convened and held at 24 Boon Leat Terrace #03-00 Singapore 0511 on 20th June 1994 at 10.00 am., the folowng Special Resolutions
      326 words
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      Page 30 Advertisements Column 5
      345 30 In tie Matter at The Compenas Act Cap 50 and In the Matter aI GAJNSWAY NVESTMENT PTE LTD (In Members' Voluntary UquKtabcm) At an Extraordnary General Meedng at tie abtvenamed Company duty convened and held at 2 llevetoch Road, #07-07 Apofto Centra. Singapore 0105 on Tuesday, the 21 at day
      345 words
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      Page 30 Advertisements Column 6
      574 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KATSURAGI TRADING PRIVATE LIMITED (la Mashers' Vofaatary Liquidation) Notice is hereby given pursuant to Section 308 of the Companies Act. Cap 50 that a Final Meeting of the Members of the abovenamed Company will be held
      574 words
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  • SHIPPING TIMES
    • Article
      ZIM, Sinotrans in tie-up to run Asia-Med service
      376 31  -  By Ramesh Divyanathan SINGAPORE ZIM Israel Navigation Company has signed a joint venture agreement with a Chinese carrier to operate an East Asia-West-ern Mediterranean service. The contract with China National Foreign Trade Transportation Group (Sinotrans) was signed in February this year, ZIM
      376 words
    • Article
      Lock icon Hyundai's new LNG carrier a first for S Korean yards
      292 31 Lloyd's List LONDON The official naming ceremony for the 125,000 cum LNG carrier Hyundai Utopia two weeks ago is a seminal event for Korean shipbuilding and for the indigenous shipping industry. The delivery of the most technically-complex and imposing vessel
      Lloyd's List  -  292 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1104 31 Page Col ABC Containcrlinc 16 4 Accord Group 8 1-3 •Ahrcnkiel Liner 4 1/2 •ANL 3 1/2 Antaco Mgmt 17 1/2 •APL 5 3-5 •Appenship 8 4/5 Arabian Express 15 5 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait
      1,104 words
    • Article
      Lock icon Shipowners plan to tackle ethics, safety issues
      330 31 Reuter LONDON Owners of merchant ships, under pressure to improve safety at sea and prevent environmental disasters, hope a new database will discourage unscrupulous operators who are hindering efforts to maintain a safe fleet. A database would allow the industry to crack down
      Reuter  -  330 words
    • Article, Illustration
      Lock icon US oil industry seeks to plug hole made by Valdez
      604 31 Reuter HOUSTON The hole torn in the hull of the Exxon Valdez has been plugged with billions of petrodollars by an industry seeking to polish a badly tarnished image and avoid the costly litigation Exxon now faces in Alaska. Since
      Reuter  -  604 words
    • Article
      Lock icon Lebanese businessman set to buy one of UK's oldest yards
      317 31 UPI LONDON Lebanese businessman Iskandar Saffa is expected to buy one of Britain's oldest Royal Navy shipyards pending a decision by the Ministry of Defence. Swan Hunter, which has built warships for the navy for 132 years, has accumulated debts
      UPI  -  317 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        572 32 Vessel Voy No Berth Arrival Departure Vessel Voy Wo Berth Arnval Departure Jurong Port Batam spe*d3 *****' poia 2106 isoo ?i 06 2200 Batam mdan N126 111 alongside 22.06,2300 Batam Sp«d3 ****** POIA 22 06 1900 22 06 2200 Catte»E»ceS J12 alongside 2206/1/00 Caraka JN3 2 104
        572 words
      • Article
        CONTAINER SCHEDULES
        2054 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 V, 0MB 24,7000 28 21/1/00 22 0659 22/0900 to 4 22/1200 22/ MM 22/1/00 Ac s«m 123* 22/1100 1* /190 Hcunte,
        2,054 words
    • Article
      THE SHIPPING GUIDE
      15731 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. LEGENO PN: ship calls at Pcnang after
      15,731 words
    • Article, Illustration
      Lock icon A shot in the arm for US shipyards
      980 48 To attract foreign newbuilding orders, the US government has provided favourable credit terms Seatrade Week Newsfront THE international shipping community must have received a surprise jolt on May 23 when Newport News Shipbuilding announced it had concluded a letter of intent with
      Seatrade Week Newsfront  -  980 words
    • Article
      Daily Freights
      1662 48 THE Baltic Freight Index for spot dry cargo shipping rates stay to 1,311 on Monday from 1,311 on June 17. Trading has been sluggish, although several Panamaxcs have been fixed in the east for trips back to the Atlantic area, brokers said. Sidermar is said to be on
      1,662 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        PAL, Airbus near compromise on deferment of plane order
        433 50  -  By Alec Almazan SINGAPORE Philippine Airlines and Airbus Industries at odds over a derailed aircraft order are said to be close to a compromise after nine months. The Philippine flag carrier and aircraft maker, based in the Toulouse, France, have been
        433 words
      • Article, Illustration
        Lock icon Malaysia must spend M$53b to meet road needs up to 2010: minister
        535 50 Bernama KUALA LUMPUR Malaysia needs to spend Mss3 billion (5531.3 billion) to build new roads and improve to existing ones to meet the country's highway requirements up to the year 2010, Works Minister Leo Moggie has said. Speaking
        Bernama  -  535 words
      • Article
        Lock icon New wage pact makes PAL workers among highest paid Filipinos
        204 50 AP MANILA Philippine Airlines employees are expected to be among the country's highest paid workers once a new labour agreement is implemented. The agreement was forged late on Saturday in a meeting mediated by President Fidel Ramos between management representatives
        AP  -  204 words
      • Article
        Lock icon Mesa keen on expanding ties with USAir: officials
        211 50 Reuter NEW YORK Top officials from Mesa Airlines Inc told investors and industry analysts that they are interested in expanding the regional airline's relationship with financiallytroubled USAir Group Inc. "We do look for continued opportunities and I think those opportunities will come,"
        Reuter  -  211 words
      • LOG BOOK
        • Article
          Lock icon P&W, US varsity in China air venture
          105 50 AP HARTFORD, Connecticut Pratt and Whitney and Central Connecticut State University plan to create a network of aerospace training centres throughout China in the next year "It benefits us all to have a Chinese infrastructure that works efficiently and safely," Pratt president Karl
          AP  -  105 words
        • Article
          Lock icon Air France to pull out of Sri Lanka
          81 50 AFP COLOMBO Air France will withdraw its flights to Sri Lanka from November as part of a rationalisation of its operations, the top civil aviation official here said on Monday. Civil Aviation director-general Upali Malalgoda said another French airline. Air Outre-Mer (AOM)
          AFP  -  81 words
        • Article
          Lock icon Chevron, Crowly in shipping deal
          94 50 Reuter LOS ANGELES Crowley Martine Corp's Crowley Marine Services division said it entered a five-year agreement to provide transportation and cargo handling services of lube stocks and other petroleum products for Chevron on the West Coast. It said the agreement will cover movement between the
          Reuter  -  94 words
        • Article
          Lock icon France, Germany in armoured car deal
          97 50 Reuter LE BOURGET, France Giat Industrie and Panhard of France, and Krauss Maftei and Mercedes-Benz of Germany have formed a consortium to develop and build an advanced armoured car they hope to sell to the French and German armies. A Giat spokeswoman said at
          Reuter  -  97 words
        • Article
          Lock icon Consolidated Freightways' shares up
          112 50 Bloomberg Business News PALO ALTO, California Consolidated Frcightways Inc shares rose 5.6 per cent on Monday in the first trading since it said late last Friday that it expected to break even or possibly show a small second-quarter profit despite a 24-day strike by its Teamster
          Bloomberg Business News  -  112 words
      • Article
        Lock icon Buffett, Munger threaten to leave USAir board
        400 50 Washington Post WASHINGTON Warren Buffetfs legendary patience may be wearing thin, at least when it comes to the future of financially beleaguered USAir. Mr Buffett. who is known for putting his money into companies for the long term, has warned that he and
        Washington Post  -  400 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1803 50 crtj mw eta nwrt etb_ c (ft nw eta pi» rro Abu PjgM 0K510 1900 SQ442 2000 C—W SRI83 2105 Adelaide SQ227 2030 fiilitH CZ353 1255 CZ354 1420 Amman RJI82 1445 RJI83 2230 Haagfcia MI93I 2035 MI932 0920 Amsterdam KL837 1450 KL832 2300 Hanoi VN741 1310
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        Lock icon American, TWA file petition against flight coding tactic
        249 50 Bloomberg Business News FORT WORTH American Airlines and Trans World Airlines has filed a petition asking the federal government to limit the way some airline flights are listed on travel agents' computer screens. The move is aimed at carriers such as Northwest
        Bloomberg Business News  -  249 words
  • Page 31 Advertisements
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      68 31 Orager m SAFETY EQUIPMENT (SOLAS APPROVED) P~""f PA9O MARINE mHI Specifically Designed Breathing Apparatus Foe Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE S'SSi Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING A shot in
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      27 31 Lines and services represented by Members of the Registry ol Accredited (*fr@s* Shipping Agents, Singapore National vijfcgpvy Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      258 31 VISA FREIGHT SERVICES PTE LTD THE TOTAL TRANSPORTATION PEOPLE S 1800 *****66 /fe)- —-p I THE MARmME LAW ASSOCIATION OF SINGAPORE presents Ist International Conference on Maritime Crisis Management The Aftermath of Maritime Disasters 29th 30th September 1994, Mandarin Singapore TOPICS INCLUDE Collisions and maritime disasters Parties involved in maritime
      258 words
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      383 32 TSKUNE AGENCIES (S) PTE. LTD. £&■fIBOLV T V "T|LTTI Tel: 226-3363 1 t3 9 9 ULWIi Fax:226-1972/3 rat/\7 -7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR NO I 1 8 *****000N 1 EXPORTS TO HQNfICOKG, MANILA, TAIWAN JAPAN "TWICE WEEKLY" Z3 mmm w r» ww I m w mo
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      1560 32 "WCTTOUM WI»TCOA»T «C»-«rOB« C«UfOW«A txymm I TO lA»T MHMTPWAWIOIIWU. COCTAHI MUVCTI 1 JSSO STME U> *g> Ml HOUSTOi CWC W MEXICO DESSEI WT NO STOIT OMKTT4 WICIB* I BTOTU'I VfHWttV IH' PT MB' BOWf IMM* IDtSU LMA niptuni cyprwe vo* 222 36 97 117 13; u; 12 > 121 in
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      2359 33 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. TEL: *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 (INWARO)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 5* BOOKINGS TEL: *****60 *****61/ *****82 'POH TEL: *****3/4 FAX: *****6 CUSTOMER SVC TEL: *****92/*****91/*****93
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      1908 33 WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING SWAN REEFER V.9437 ETA SIN 24TH JUNE 94 Vessel Voy ETA ETD Feedered by S Laurel leerort ETA ETA CTA DESTINATIONS TN» week MARIE MAERSK V 9406 kI.BJHIIMIWaWTgJMW— IIHIJIJ CV 28'06 0000 HAS CP S 27/06 2359 MRS JOM LPK PEN OAK LGB
      1,908 words
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      1671 34 r~"AQABA R OAM/1 LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG A WERP HAVRE VVEST MALAYSIA J™ 0»"2« «'6 2LL_ ">'? Pw tKel ang Penang ESSEN EXPRESS 06/324 25/6 4/7 11/7 13/7 16/7 18/7 20/7 Pawr Gudang LA SEINE 36/125 29/6 16/ 7 19/7
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      658 34 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. IsJamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok, Moscow, I Baku. Tashkent, Irkutsk, Alma Ala, Ashgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN PKR Ned Europa V.2204 28/6 26/7 Ned Hongkong V.2214
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      1134 34 I NORASIA WEEKLY DIRECT SAILING TO HONG KONG, BUSAN KEELUNG ALSO ACCEPTING 10 QINGDAO, SHANGHAI XINGANG (VIA BUSAN) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAIL/BOOKING, PLEASE CONTACT M/S TAN SEOW CHUAN/M/S FELICIA PEH S PORE GENERAL AGENT NORASIA AGENCIES (S) PTE LTD ALSO ACCEPTMG ICt TO: TEL: *****83 FAX:
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      1888 35 I f STRAITS SHIPPING PTE LTD fIKS? 10 Hoe Chiang Road #11-01 Keppel Towers 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE fpxQsp (A service of china navigation co> CARGO DW SAILS ASIAN KNIUBE VOX Lib. KK. Skan. Taw In Port 24 lun FCt, LCL CONTAINER ANO BREAKBULK SERVICE
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      2943 35 SINGAPORE AGENT: |J\t| I AtltoiflAl*C P&O Containers (Singapore Agencies) Pte Ltd JL 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 1 A Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 W W CR Number **********0Z EXPORT IMPORT WO* *PNQ *«a SIN SOU ANT HOT HAM
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      45 35 0 ORIENTAL LINES 1 INDIAN OCEAN SERVICE CONTAINER/BREAKBULK ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MAHE MOMBASA MV PICO FRIO VOl/94 26/6 3/7 5/7 10/7 13/7 MV ARGOMAR VOl/94 01/7 07/7 09/7 14/7 17/7 Agents: "s~~_ Inchcape Shipping Services Bookings: *****54/*****98 Fax No: *****88
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      516 36 ifA EKA JAYA AGENCIES V|ir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MO CHI MINH CITY PAPER I HANOPMONg/PtRECT HtHflY WE BMM ?PWWH4tW KEIYM CHAM *****25 *****22/*****13 MAWOJ MM *****722 I ►TO VIETNAM/HCMC K CONTAINER-FEEDER SERVICE CENTER-POINT r W 7 LINES WSSfL W» £T> SfCtt HOY HCMC
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      Page 36 Advertisements Column 2
      2157 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSI SII LINE HAU. SEA YVR POX FOR VSI SIN UNI HAUL SA¥ It M NYC HANJIN VANCOUVER 017E 24 6 OKECI 15/7 16/7 HANJIN VANCOUVER 017E 24 6 H PORTLAND 006E 217 21/7 31/7
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      1563 36 =k f J =1 "IH "13"=TTK I Ml %cr ASG HKG RIG PUS Ml 0» K) HU ITO lAI CHS BAI NYC IW WW *o*l IHP MBC PSO CM m SGP EGOMGREOtO 20/t toft K 21 t 30 i J/7 4/7 5/7 t/7 7/7 1/7 19/7 II 3 1 4
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      2610 37 PLEASE CALL II II NEPTUNELINK (1800 *****00 TOLL-FREE) ■I II II FOR THE FOLLOWING INFORMATION: HI ■I U VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ AVAILABILITY OF DOCUMENTS FOR COLLECTION EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VESSEL VOY TTBTT
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      Page 37 Advertisements Column 2
      1250 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****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: KL:
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      1531 38 AS AGENTS: "R" LINE (SIN6APORE) PTE LTD (0 NO: **********0 M GST REG NO M 2 *****W-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I V MALAYSIA: "R" LINE MARITIME (MALAYSIA) SON IHO I B rV TEL SA *****00 PK *****75 PEN *****0 JB 236'0 1 PGU 5'8625/6 1 INDONESIA
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      Page 38 Advertisements Column 2
      826 38 app lis.? hip m CONVENTIONAL INDEPENDENT LINER SERVICE V-X EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADWG PORTS DISCHARGE LOADING FOR ECUADOR HAM 22/ OS SPORE 26/06 BASMA ANTW 28/05 SPORE 26/06 KOALA CONTAINER LINE SPORE FLX HAM RTM LEH CS TAHITI 4608 24/06 20/07 21/07 22/07 24/07
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      336 38 GOLDEN LINE WCGOV GUAN guan shipping (PTE) LTD II Tttok Aytr Stmt SMGATORE 0104 TEL *****81 (10 LINES) F«: *****04 (C* No **********0*) PLEASED TO ANNOUNCE' OUR NEW CONTAINER SERVICE S'pore/Fang Cheng/S'pore Fortnightly M.V. Liu Bao 23/6/94 S'pore M.V. Qiao Bao 15/7/94 S'pore M.V. Qiao Bao 30/7/94 S'pore» (f) CHINA
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      985 39 SgggW PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO: *****6700Q0E J VESSEL VOY SM MK SIN I VESSEL VOY SIM JKT SIN EQUATOR CRYSTAL 10N 2S/6 26/6 1/7 EQUATOR RUBY 47N 22/6 25/6 29/6 KOTA SABAS SBSOO7 26/6 29/6 3/7 KOTA EAQLE
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      Page 39 Advertisements Column 2
      953 39 VtSSUS VOT SIR U HAVKt HAfcßmC THAIWS ROITERPAM *NTWtW Wilt Dt TITMW TO4W 24/06 14/07 16 07 17/07 11/07 20/07 WIU Pt TUCANA UO4W 23 06 20/07 22/07 23/07 24/07 26/07 Wilt Dt IMA LO4W 05/07 27/07 29/07 30/07 31/07 02/01 VIUC Ot CARINA CO4W 03/06 OVO6 06/01 07/01 09/01
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      841 39 BSfl H. MR MYANMA U|i FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Kit P*i P.Gdf HPA-AN V2O3W 23/25 Km AVA 126W 23/27 Km 21/29 Km 30/2 Kil 22/24 Km MERGUI VI24W 6/7 M SAGAMG V3SW 10/12 Kil 13/15 lul 16/20 Jul MALAYSIA AGENTS
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      2224 42 DIRECT SERVICE AWI W -v V ISRAEL (HAIFA, ASHDOD via haifa) PER MONTH Singapore's General Agents: COSTAR SHIPPING PTE LTD Tel (General): *****00 Silts/Booking: Agency Dept: Operation Container: *****15 6 Shenton Way *17 08 (G *2fZi'!; 2££f£ 6 Container: *****41/844 Container Src 8/L- *****02 Conventional: *****46 DBS Bldg Tower 2
      2,224 words
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      Page 42 Advertisements Column 2
      768 42 /|PI CROATIA LINE^\ Ifcga < EX JUGOLINIJA) I VtSSCL STORE PK PWG tOMMNG FPU RA6 2 JUL 4 JUL Alexandria. Beirut. Istanbul. Trieste. Koper, Lattakia. limassol. Mersin. P Sax). R<ieha Venice GROBNIK 10 jUL 13 JUL do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port Ketang Penanf
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      179 42 /Cnorbuli^ I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES LOAONG FOR I WORLD AGAMEMNON 27/6 29/8 ROM/ANT/UK I SEA SONNET 5/7 9/7 FLU/ROAM/ANT/UK I ISP PK LOAOMG FOR I NORBULK TBN 21/7 24/7 DBN/CPT/EL I ALSO LOADS TARAU, KK. TG MANI I PK SWK/SABAH
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      748 43 fit FAMOUS CONTAINER LINES —10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 26/6 ROTTERDAM 25/6 AARHUS/COPENHAGEN 26/6 HAMBURG/BREMEN 26/6 MARSEILLE/FRANCE 28/6 FELIXSTOWE/UK 27/6 BARCELONA/SPAIN 27/6 LEHAVRE/FRANCE 22/6 GENOA/ITALY 27/6 ANTWERP/BELGIUM 27/6 LOS ANGELES/WC/IPI 26/6 SYDNEY/MELBOURNE 24/6 NEW YORK/EC 26/6 FREMANTLE/ADELAIDE 24/6 VANCOUVER 24/6 BRISBANE
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      1058 43 BHJM F *T I [VESSEL vov SN I g^lM VESSEL VOV SIN BKK BHATRA BHUM 358 S.t 25/ a Tu. 2«/« KOT gURU H ■j WATHA BMUM 10N_ Thu I 23/T Sun 26/« I WANA BHUM 2348 Tu __2«/6 S.t 2/7 Mon 27/6 M BmANTABHUM IWN S.I 25/6 Tuo 28/6
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      294 43 t^^^^RICHFIEI^UWINMMENCIE^S^T^TD TEL: *****33 (12 Lines) m FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ISA ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vhml Voy ETA Loading For Spore Abbay Won* 40WB 12/08 Daressaiaam, Mombasa. Djibouti AssaC Massawa Netsanet 35W8 15/09 Daressaiaam.
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      569 43 Guaranfmd Sailings to:BANGKOK/LAEM CHABANG/LAOS EVERY WED t SAT MANILA/CEBU EVERY TUES PORT KELANG/PENANG EVERY MONt FRI HO CHI MINH EVERY FRI HONG KONG EVERY FRI JAKARTA EVERY SAT BUSAN EVERY SUN SURABAYA EVERY SUN PQ PONGWAMA LINE CONTAINERISED SgRVICI BTHAITB/BLW/INC/BBN VCSStI SGP PK BIN PNG IMC BSN TULSCAS V4O7N 2C/C
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      1588 44 pMhiMN c6NTAIN£ft I*l6l ZNVVvl Agents: MAC-NELS SPORE: *****22 (24 LINEB) V—' lv 'c/B Mo: ISMS7WOQOC SIBU (064) *****9 KUCHING (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      107 44 TITIMAS SHIPPING 1/ 1 TRADING SDN. BHD. KELANG (03)*****55 (H/LiiM) Fax: 03-*****63 Tlk MA ***** TISITA VESSELS VOY P KLANG PORT OF DESTINATION SIN YOU 8/94~ 10/6/94 KUCHING/SIBCI/SARIKEI NEW LINE NO 1 8/94 15/6/94 MUARA/MIRI SUTRA 9/94 15/6/94 KUCHING/SIBU /Sf' PINESEAS MARITIME PTE LTD VESSEL VOY SPORE PKLG KK BRIS
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      195 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (i* (i» it* srott roti *au«: kmjk mm MH 2/7 30 6 loKfcng tor KUte KUVM HUDHU 30 6 loadwg tor Dutui OOiPHW M PORT Loading For Mjlo PtOWER sumw 24 6 Loading For NUfc UN* 10* ?8 6 Loading for Mdi*
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      1167 44 THONG SOON LINES PTE LTD 1 I /Vfl 78 SHENTON WAY #10-01. SINGAPORE 0207 I I \y \y TEL: 227-5088 FAX: 227-6011 I ji2.--.J2L ft* RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL UOY IS'POtE |PEST EQUATOR 111 126/4E 23 JUN
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      600 45 VgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBU.K SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. TOKYO*. MANIA' OAVAOV v Penanj* P. Kelang Singapore E'Msia* rTYEVERETT V9E 27/28 Jun 29/30 Jun KAMALEVERETT V2IE 30 Jun/01 Jul 02/03 Jul -SHAPIAEVERETT V2IE 18/19 Jul 20/21 Jul ACCEPTING BttAKBUK FCI/SOC CARGOES TO/FROM CHITTAGOMG. CALCUTTA
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      Page 45 Advertisements Column 2
      254 45 18* GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES 0 CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 24/6 1/7 7/7 16/7 GLORY SELATAN V 6/7 13/8 19/8 28/8 SP PKL HCM HK KAO GLORY SELATAN VI
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      600 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL VOY SIN KARACHI MAKRAN 149 HW 09 07 U J>7 HYDERABAD 131 HW 19/07 26/07 SARCOOHA 145HVY 02, 08 10 08 ISLAMABAD 124 HW 10/08 19/08 FAR EAST CONTAINER SERVICE ONLY VESSEL VOY SIN HKG BSN*" OSA NAG*" YOK SARGOOHA
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      739 45 IllUMSllllJMlilittl FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS JIAN HE/84 26/06 09/07 10/07 12/07 30/07 HUIHE 106 11/07 25/07 26/07 28/07 15/08 VI HE 100 26/07 09/08 10/08 12/08 30/08 SHUNHE/lOS 11,08 25/08 26/08 28/08 IS/08 TAO HE/87 26/08 09/09 10/09
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      272 45 SIN FAR EAST 28/06 KEELUNG/KAOHSIUNG 26/06 BANGKOK 26/06 MANILA/CEBU 26/06 JAKARTA/BELAWAN/SURABAYA 26/06 PORT KELANG/PENANG/E. MALAYSIA 26/06 BUSAN 26/06 TOKYO/YOKO/KOBE/NGO/OSA 26/06 HONG KONG SjN CHINA 26/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 28/06 LDN/FLX/LVP/SOU 28/06 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgana/Czech. SjN USA/CANADA 26/06 LOS ANGELES/NEW
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      756 46 PHIU OmtNT LIN€S PT€ 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: **********0H)^ •m&L- (573 V A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 23 JUN SYDNEY, MELBOURNE, BRISBANE. FREMANTLE
      756 words
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      747 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 24 JUNE (Accepting to *11 N*w Zealand porta) PENANG 24 JUNE JAKARTA 26 JUNE POUT KLANG 30 JUNE MANILA 26 JUNE BAN6KOK 26 JUNE MELBOURNE 27 JUNE SYDNEY 27 JUNE BRISBANE 27 JUNE FREMANTLE 03 JULY I GOTHENBURG 25 JUNE^^I 'ACCEPTING TO
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      1577 47 ISEAMAORGENTIN^IN^^^n CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY i I EASTBOUND BASE PORTS VIA BUENOS AIRES VIA SANTOS VftUL* VOV S'PORC USHUAIA BUf SNT M'VMO ASUNCION RIO PARAMAOUA ALEXANDER SCHULTE IE 22/06 27/07 31/07 04/08 01/08 03/08 07/08 08/08 TBN IE 25/07 28/08 01/09 05/09 03/09 04/09 08/09
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      449 47 /JKx CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO IK AND NORTH CONTINENTAL PORTS rem |»ot[Mi|Mo[ta|HM|im[ I aw Wilt PI TIIMK IMW 23/04 13/(17 1> »7 UO7 17/07 1107 Wilt 01 tUCMW UO4W a/0t 02/07 M/ 07 22H 21/07 24/07 M/ 07 NOIt»SW Al WHSOOHm W4 3
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      Page 47 Advertisements Column 3
      512 47 |2 CONDOR LINE SEMI-CONTAINERISED SERVICE KASTBOIIND SCHEDULE NQ.4O I VESSEL PETROOVORETSi PRIOZERSK OEKABRIST N. KRUPSKAVA PRIMORSK PAVLOORAD PORTS EBII EBI2 EBI3 EBI4 EBIS EBI6 BUENOS AIRES* Sailed Sailed Sailed 25-27, 06 04 12 07 20 28, 07 MONTEVIDEO SaMad Sailed Sailed 28/06 29/07 RtO GRAN DO SO Sailed Sailed In
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      Page 48 Advertisements Column 1
      495 48 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC *****N 24/06 (FRI) 29/06 (WED) LANKA MAHAPOLA *****N 28/06 (TUE) 02/07 (SAT) TWO SAILMGS WEEKLY PERVOMAYSK *****N 01/07 (FRI) 06 07 (WED) Fl T AND TUESOAr VIGOUR PACIFIC *****N 05/07 (TUE) 09/07 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL
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    • Miscellaneous
      Page 48 Miscellaneous Column 1
      687 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0«00 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 at 2.7 2.2 1.5 1.0 0.6 0.3 03 0.5 1.0 1.6 2.2 2.5 2.5 2.4 2.0 1.5 1.1 0.9 1.0
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      840 49 I /HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PHA* PKE* PGP* VESSELS VOY SIN RTM ANT* LEH* HAM BREj FEL 22/06 24/06 25/06 H. FRONTIER 311W 27/06 15/07 17/07 18/07 17/07 17/07 19/07 29/06 01/07 02/07 SI FREEDOM 311*1 04/07 23/07 25/07 26/07 25/07 25/07 27/07
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      467 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ttSSEI VOV V PK KUC RK OMIW SAT *20 21/1 25 i ASIAN STAR VISA IN PT 24 BETSY 11 in (MR 2S/I) OUTBOUND VESSELS LOADING FOR TOKYO SENBOKO TANJONG KMAS V 33 SP 3/7 PK 7/7 LOADING FOR
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