The Business Times, 30 June 1994

Microfilm: NL19383
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times wi; KSOWASIA MITA(P) 010/12/93 Thursday June 30 1994 75 c
    12 words
  • 2am LATEST
    • Article
      Lock icon US committee backs Clinton's China policy
      54 1 Reuter WASHINGTON A key House committee yesterday gave strong backing to President Bill Clinton's China trade policy, rejecting a challenge to the president by a vote of 31-6. The House Ways and Means Committee voted against a measure by Republican Gerald Solomon to reverse
      Reuter  -  54 words
    • Article
      Lock icon US firm to build generators for China
      35 1 AP COLUMBUS, Ohio American Electric Power Resources International, Ltd said yesterday it planned to form a joint venture to build two coal-fired electric generators in northeastern China. AP
      AP  -  35 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Wednesday Change STII 2,218.41 -9.19 KLSEComp 1,010.11 +3.19 Nikkei 20,481.00 -158.23 Hang Seng 8,640.31 -33.18 SET Index 1,272.77 +19.84 Jakarta Comp 457.74 -4.67 CLSA China B ....1,027.67 +2.44 Aust All Ord 1,975.1 +0.7 FTSE 100 2,946.3 +37.3 Wednesday Previous 2pm close Dow Jones 3,687.77 3,669.64
    161 words
  • Article, Illustration
    Lock icon Dollar crashes to new low of 98.61 yen in New York
    680 1 NEW YORK The dollar crashed to a post-World War II low of 98.61 yen in the US after Japanese legislators elected a prime minister whose party had opposed efforts to improve trade relations with the United States. Central banks
    Source: Bloomberg  -  680 words
  • Article
    Lock icon Dow defies dollar's fall
    134 1 Reuter NEW YORK In defiance of the dollar's fall to a new post-1945 low against the yen, Wall Street stocks traded higher yesterday, helped along by a modicum of stability in bonds and some bargain hunting. At Ipm EDT, advances led declining issues by a 12-7
    Reuter  -  134 words
  • Article
    Patten survives bid to water down reforms
    468 1  -  -By Lim Soon Neo HONGKONG Governor Chris Patten's democratic reform Bill headed towards legislative approval yesterday after almost two years of conflict with China, but only after a narrow escape from major amendment. The attempt by the busi-ness-dominated Liberal Party to appease Beijing
    468 words
  • Article, Illustration
    Goh Keng Swee joins Hong Leong as consultant
    386 1  -  By Conrad Raj SINGAPORE Former finance minister Goh Keng Swee will join the Hong Leong group as a consultant from tomorrow. Group chairman Kwek Leng Beng said yesterday that Dr Goh's appointment was "in line with the government's advice to local businesses
    386 words
  • Article, Illustration
    Lock icon Socialist Murayama is next Japanese PM
    429 1 Reuter, AFP, Bloomberg Business News AP TOKYO After a bruising power struggle that left several political parties in disarray. Parliament yesterday named Socialist chairman Tomiichi Murayama as Japan's next prime minister. Mr Murayama. the first Socialist leader since 1948 to serve as Japan's prime
    Reuter,; AFP,; Bloomberg Business News; AP; AFP photo  -  429 words
  • Article
    Lock icon US growth revised higher to 3.4pc
    204 1 Bloomberg Business News AP WASHINGTON In its second and final upward revision, the Commerce Department yesterday said that the US economy grew at a stronger-than-expected 3.4 per cent pace in the first quarter. The increase in the gross domestic product had initially been reported
    Bloomberg Business News; AP  -  204 words
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      200 1 CERRUTI 1881 I SWISS HATCHES Time is on my side m N ASIYWATCH PTE LTD, Icl 733 271 CONTENTS fpve News 2 S'poreMsa 19.20.21 Regional News 3.4.5 Financial 23.24 World News 7.8 Futures Mariiets Analysis 1/ CJob/KLSt. StS 2&30 Editorial 16 Regional 26 Sports 12.13 World 27 TV/lrfestyte 11 Currencies
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      8 1 Innovation: Pg 14 Canadian R&D with a difference
      8 words
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      35 1 Hock Lock Siew: r* 19 h j Major coup for Hong I tew t Editorial: The fallout from a diving dollar, Pg 16 Bentsen's call, Pg 18 Bottom Line: Why the dollar blues, Pg 18
      35 words
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      11 1 HOCK LOCK SIKW: Hong l>cong scores a major coup, Pg 19
      11 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Consumption appears on course
        373 2  -  By Rahita Elias DOMESTIC and regional consumption remained strong in April, judging by the sharp rise in cargo through the port of Singapore. The latest figures from the Port of Singapore Authority (PSA) showed throughput growth at P$A terminals was 17 per cent year-on-year, compared with
        Source: PSA  -  373 words
    • Article, Illustration
      Accuracy of BT report points to OCBC leak says Wright
      832 2  -  The OCBC vs Norman Wrieht case By Ven Sreenivasan A BUSINESS TIMES report on the hiring plans of Oversea-Chinese Banking Corporation was so accurate that correspondent Alvin Tay could only have got his information from the bank itself, executive search
      832 words
    • Article
      Telecom opens London office — its first in Europe
      270 2 Telecom opens London office its first in Europe TELECOM yesterday opened its first European representative office in London. Offices in Tokyo and Beijing will be opened in the next six months. Besides serving multinational customers in Europe, the London office will collaborate with European telecom organisations to promote systems and
      270 words
    • Article, Illustration
      Financial sector needs new activities to sustain growth
      246 2  -  Reports by Paul Leo GROWTH prospects for the financial sector this year were good, the managing director of the Monetary Authority of Singapore, Lee Ek Tieng, said yesterday. But he warned that money market activities alone could not continue to support the
      246 words
    • Article
      Caution urged over derivatives dealings
      245 2 FINANCIAL institutions should exercise prudence and avoid being too hasty when undertaking financial derivatives activities, said Monetary Authority of Singapore managing director Lee Ek Tieng yesterday. Mr Lee. addressing the Association of Banks in Singapore at its 21st annual dinner, said that failure to do
      245 words
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      Page 2 Advertisements Column 1
      292 2 Bl only specialise in selling properties quickly. I have a track record of transactions even the big boys will be proud of. My success story couldn't be better told 126 properties in 12 months, all told! It does not cost you anything to see me, just a cup of coffee,
      292 words
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      341 2 JM MORGAN GRENFELL CO. LIMITED (Incorporated in the United Kingdom) BALANCE SHEET as at 31st December 1993 1993 1992 1993 1992 £000 £000 £000 £000 ASSETS LIABILITIES Cash and balances at central banks 147 115 Deposits by banks 3,463,199 3,760,365 Treasury bills and other eligible bills 2,299 6,219 Customer accounts
      341 words
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  • SOUTH-EAST ASIA
    • Article
      YTL, Hopewell lead Asian bidders for Thai energy sell-off
      349 3  -  From Alan Boyd in BANGKOK THE YTL Group of Malaysia and Hongkong's Hopewell Holdings are among regional energy suppliers likely to bid for a massive electricity sell-off in Thailand. State-owned Electricity Generating Authority of Thailand (Egat) will not finalise the initial
      349 words
    • Article, Illustration
      Lock icon Mobile legal service
      47 3 Reuter MANILA Filipino lawyers working as public notaries waiting for customers outside City Hall yesterday. 1 hey charge 60 pesos for each affidavit they certify. The mobile lawyers move from different government offices daily, bringing along their small chairs, tables and stamp pads. Reuter
      Reuter  -  47 words
    • Article
      Lock icon M'sia hopes to forge new defence partnership based on technology with US
      328 3 Bernama WASHINGTON The United States looks favourably at the prospect of forging a new defence partnership with Malaysia based on access to sophisticated technology, technology transfer, exchange of information and joint military exercises. Defence Minister Najib Tun Abdul
      Bernama  -  328 words
    • Article
      Viet car duty hike raises fears of protectionism
      366 3  -  By Harish Mehta SINGAPORE Vietnam is increasing the import duty on new cars by a third to 200 per cent, sparking fears among foreign firms that further tax hikes will soon follow as the authorities are becoming more protectionist. From tomorrow, the
      366 words
    • Article
      Lock icon Philippine economic planner defends 4.5pc growth target
      209 3 AFP MANILA The Philippines' chief economic planner has defended the country's 4.5 per cent growth target for 1994 and warned that faster expansion could cause overheating. Economic Planning Secretary Cielito Habito justified the government's tight monetary policies, which critics charge have led to
      AFP  -  209 words
    • Article
      Lock icon US opposes any Asean links with Myanmar
      110 3 AP WASHINGTON The State Department opposes any move by the Association of Southeast Asian Nations to accord observer status or membership to Myanmar. It said on Tuesday that Myanmar should have no such links with Asean because of "absent improvement in its human
      AP  -  110 words
    • Article
      Lock icon Bank Negara issue signals rates have hit bottom: dealers
      358 3 Reuter KUALA LUMPUR Malaysia's central bank had signalled that interest rates may have hit bottom after the bank announced it was selling a further Mssoo million (SS29O million) in treasury bills, money market dealers said yesterday. Bank Negara said on Tuesday
      Reuter  -  358 words
    • Article
      Lock icon Indonesian journalists get support from MPs
      279 3 The Straits Times JAKARTA Journalists from three publications banned last week took their case to Parliament yesterday, receiving support from Indonesian Democratic Party (PDI) MPs who promised to raise concerns about press freedom and the closures with the government. In meetings with Aisyah Aminy,
      The Straits Times  -  279 words
    • NOTE BOOK
      • Article
        Lock icon Vietnam to curb foreign borrowing
        109 3 AP HANOI Vietnam would jeopardise its eligibility for loans from the International Monetary Kund if it borrowed more money- from foreign eommereial banks, a Vietnamese central banker saitj on Tuesday. The State Bank of Vietnam plans no more com men- cial borrowings this year after
        AP  -  109 words
      • Article
        Lock icon Keating opens trade forum in Jakarta
        109 3 AP, Reuter JAKARTA Australian Prime Minister Paul Keating yesterday opened a trade and investment forum here, part of his nation's biggest campaign ever to promote relations with Indonesia. He said the campaign has roped in more than 200 Australian companies, the largest trade mission
        AP,; Reuter  -  109 words
      • Article
        Lock icon ADB's US$75m loan to Sri Lanka
        61 3 Reuter MANILA The Asian Development Bank has approved a US$75 million loan to Sri Lanka for on-lending to nine private financial institutions (PHs), the bank said yesterday. The PFIs in turn will finance foreign currency investments of private enterprises in the manufacturing, services and
        Reuter  -  61 words
      • Article
        Lock icon Hmong repatriation may be delayed
        60 3 AFP BANGKOK The repatriation of Hmong refugees to Laos from Thailand may be delayed a year following an agreement between the two countries and the United Nations High Commissioner for Refugees, officials said here on Tuesday. Thai authorities had said earlier that they would close
        AFP  -  60 words
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      138 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Beijing wants tighter central control over financial sector
      274 4 AFP BEIJING The government has directed the central bank to clamp down on irregularities in the country's financial sector amid increasing reports of regional malpractice, news reports said yesterday. A high-level national conference called on the People's Bank of China to tighten
      AFP  -  274 words
    • Article
      US military, arms industry keen to renew China ties
      382 4  -  From Peter Seidlitz UNITED STATES Defence Secretary William Perry is expected to visit China later this year. Meanwhile, the Pentagon has invited the deputy chairman of the general staff of the People's Liberation Army to the US. The moves are signs
      382 words
    • Article, Illustration
      Lock icon Prized cargo
      39 4 Reuter HONGKONG Live pigs being lifted off a ship from China at a port here yesterday. Recent flooding in south China, where most of Hongkong's pork comes from, has sent pork prices soaring in the territory. Reuter
      Reuter  -  39 words
    • CHINA WATCH
      • Article
        Lock icon Jiang to meet Yeltsin on Sep 2
        60 4 Reuter BEIJING Chinese President Jiang Zemin will meet Russian President Boris Yeltsin on Sep 2 in Moscow, Xinhua news agency said yesterday. Chinese Foreign Minister Qian Qichen announced the meeting's date at a Moscow news conference on Tuesday. Mr Qian said the summit
        Reuter  -  60 words
      • Article
        Lock icon Taiwan watching outflow to China
        75 4 AFP TAIPEI Taiwan is nervous about what it views as an appalling tendency by local firms to move bases to China, and officials here yesterday warned that if this continued, the domestic economy The movement has reached a point where it should be wafchpfl to
        AFP  -  75 words
      • Article
        Lock icon HK body supports China's Gatt bid
        83 4 AFP HONGKONG The territory's leading trade group yesterday called for China's re-entry to the General Agreement on Tariffs and Trade (Gatt). The Hongkong General Chamber of Commerce said China was a huge market which could not be Ignored. It has submitted a position paper
        AFP  -  83 words
      • Article
        Lock icon Chinese funds to protect tourists
        97 4 AFP BEIJING China's top tourist body has ordeflWaH travel agencies to set up sptx'ial funds to compensate foreign and domestic tourists for Rwses caused by poor management, the China Daily said yesterday. The serv ices offered by China's 3.000 registered travel agents vary widely in
        AFP  -  97 words
      • Article
        Lock icon China seizes pirated software
        52 4 Reuter HONGKONG Chinese officials and representatives of Western software makers confiscated unauthorised software from Beijing computer outlets last week, the Business Software Alliance said in a statement yesterday. The raids seized more than 300 software programs, some CD-ROM disks and six computers suspected of containing illegal
        Reuter  -  52 words
  • Page 4 Advertisements
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      370 4 Building on the success of THE YEAR", PING ZING, the new BI From the Makers of the/ MM/ Best Iron Of The Year".J M mm msisma greater satisfaction! PING ZlfNtS: 2 ill m yB|- Vl t ..V »^g, best driver seven years" score of T he New Ping Zing 2
      370 words
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      118 4 jp Rhine And Dine j At Raffles This Week. It's the pcrfect blend of East und West. Johann Lafer, arguably Germany's most innovative chef, makes his long-awaited debut at Raffles Grill from 28 June to 2 July. Guests can indulge in the delicate "world cuisine" for which his two-star Michelin
      118 words
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  • REST OF ASIA
    • Article
      Lock icon Prolonged recession, rising yen may be just the tonic for Japan
      507 5 IHT TOKYO With the yen scaling record heights and threatening to smother Japan's longawaited economic recovery, few dare say it. But a prolonged recession and a stronger currency may be the best medicine if Japan's economy is to postpone
      IHT  -  507 words
    • Article
      Lock icon Seoul business community hails summit, hopes talks will break stalemate in Korean cooperation
      472 5 Reuter SEOUL South Korea's business community yesterday hailed a landmark summit meeting between the presidents of the two Koreas next month as a milestone that will break the stalemate in inter-Korean economic exchanges and cooperation. The presidents
      Reuter  -  472 words
    • Article, Illustration
      Lock icon NZ's first Budget surplus in 16 years presents challenges
      489 5 Reuter WELLINGTON New Zealand's first Budget surplus in 16 years presents a whole new set of challenges to the government as Finance Minister Bill Birch prepares to deliver his first Budget today, economists say. Decisions about what to do with the
      Reuter  -  489 words
    • ASIA NOTES
      • Article
        Lock icon India's Janata Dal breaks up
        102 5 AFP NEW DELHI India's largest centrist party has formally split, with a breakaway group of 14 MPs electing socialist and trade unionist George Fernandes as its leader, a spokesman said yesterday. The 14 Janata Dal (People's Party) MPs, constituting a third of the opposition party's
        AFP  -  102 words
      • Article
        Lock icon Anti-graft campaigner suspended
        93 5 AFP BOMBAY A Bombay municipal official who has been waging a lone campaign against alleged corruption by one of India's top politicians has been suspended for breach of discipline, officials said yesterday. G R Khairnar, deputy commissioner of the Bombay Municipal Corp, has been suspended by BMC
        AFP  -  93 words
      • Article
        Lock icon Japanese-Chinese talks collapse
        93 5 AFP TOKYO Biannual talks between Japanese steelmakers and Chinese importers have collapsed for the first time in 20 years amid bitter differences over prices. A spokesman for Nippon Steel Corp yesterday said the two sides also failed to reach agreement on the quantity of ordinary steel shipments
        AFP  -  93 words
      • Article
        Lock icon Firm yen boon to Korean steel makers
        103 5 Bloomberg Business News TOKYO Taking advantage of the yen's strength against the US dollar, Japan's major electronics makers say they've started buying South Korean steel sheets to produce household electrical appliances. Sanyo Electric Co uses Korean-made steel sheets to encase refrigerator compressors while
        Bloomberg Business News  -  103 words
      • Article
        Lock icon Indian firms rushing to issue warrants
        70 5 Bloomberg Business News BOMBAY So many Indian companies are issuing global depository receipts internationally-traded certificates representing their stock that they're being forced to cut the price and amount of these receipts, reports the Economic Times. Among the 11 companies planning to issue receipts soon
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Delhi to get US$3.5b in soft loans
        43 5 Reuter NEW DELHI The World Bank has agreed to give India US$3.5 billion in soft loans over three years to finance social projects. The loans will come from the International Development Association, its soft-loan affiliate. Reuter
        Reuter  -  43 words
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      182 5 ■2WiIAI!Nr^S)» LOaHKMoiH i^HMßipi l'H>i',wm|ilMlM^ [f BJH" liMllliiiPHL KJ >-- ■||^g||^HHlM| On our First and Business Classes, entertainment on as many as 11 inflight name it. All regularly updated. All After all, we did recently win the we can't promise that you'll always be channels. In addition, Qantas First uncensored. And
      182 words
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  • FOCUS
    • Article, Illustration
      Indians find themselves hot property on Wall Street
      1353 6 NEW YORK Swapan Bhattacharya was born in Bihar, one of India's most backward states. Determined to escape his humble origins, he worked his way through India's most prestigious engineering school and came to America. He took night classes at Northwestern University's business
      1,353 words
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      1131 6 National Westminster mw Bank Pic I Head Office: 41 Lothbury London EC2P 2BP England I Singapore Branch: 50 Raffles Place, #05-01, Shell Tower, Singapore 0104. Tel: *****44 Telex: RS ***** Fax: *****27 I Foreign Exchange Tel: *****77 Telex: RS ***** Consolidated Balance Sheet Consolidated Profit Account II at 31 December
      1,131 words
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      Page 6 Advertisements Column 2
      168 6 NO-HIDDEN-COST PACKAGE *$120 nett, single twin occupancy with complimentary breakfast. U hat's right. We present the full cost to you. No extra charges, no hidden cost that'll shock you with your bill. And you enjoy the comfort and luxury of extra spacious rooms, 24 hours food and entertainment services and
      168 words
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  • THE WORLD
    • Article
      Lock icon US is world's largest debtor with holdings gap of US$556b
      371 7 AFP WASHINGTON Foreign holdings in the United States grew more than US holdings abroad in 1993, with a U*****.7 billion (*****.2 billion) gap keeping the US as the world's leading debtor nation, the Commerce Department said on Tuesday. The figure,
      AFP  -  371 words
    • Article
      Lock icon Political unity vital to EU monetary union: Tietmeyer
      337 7 FT FRANKFURT The planned European monetary union will not be able to survive in the long run unless it is underpinned by a deep political consensus, according to Bundesbank president Hans Tietmeyer. "If we create a monetary union and this proves to
      FT  -  337 words
    • Article
      Lock icon Dasa chief appointed as new Daimler-Benz chairman
      260 7 Reuter STUTTGART DaimlerBenz AG yesterday named Juergen Schrempp to succeed Edzard Reuter as chairman of Europe's largest industrial group. The 49-year-old Mr Schrempp, who has led Daimler's Deutsche Aerospace AG (Dasa) subsidiary through a difficult restructuring process, will replace Mr Reuter, 66, after
      Reuter  -  260 words
    • Article
      Lock icon American economy solid despite shaky dollar: analysts
      584 7 Bloomberg Business News AP, WASHINGTON While the shaky US dollar has rattled financial markets, analysts say the US economy midway through the year is in solid shape and predict continued moderate growth and low inflation. Several factors have contributed to the declining dollar
      Bloomberg Business News; AP,  -  584 words
    • WORLD WATCH
      • Article
        Lock icon UK inflation seen nearing 4pc
        81 7 Reuter LONDON Inflationary pressures in Britain will remain subdued in the short term, but underlying inflation will push m>, towards the top of the official one to four per cent target range in 1995, the Society of Business Economists said yesterday. The SBE, chaired by
        Reuter  -  81 words
      • Article, Illustration
        Lock icon Manet, Monet and money
        57 7 Reuter LONDON The original 1881 version (above) of Edouard Manet's most famous composition. A Bar at the Folies-Berbere. was sold for £4.40 million (5510.4 million) at Sotheby's on Tuesday. At the same auction. Claude Monet's painting. Poplars on the Banks of L'Epte. fetched £4.84 million. Buyers
        Reuter  -  57 words
      • Article
        Lock icon Balladur, Mitterrand in poll
        57 7 AFP PARIS Socialist President Francois Mitterrand and Conservative Prime Minister Edouard Balladur are neck-and-neck in the popularity stakes with ratings of 46 per cent each, a monthly opinion poll said on Tuesday. Support for both leaders fell by one percentage point since May, the CSA poll
        AFP  -  57 words
      • Article
        Lock icon Germany expects EU car tax proposal
        62 7 Reuter BONN German Environment Minister Klaus Toepfer said he expects the European Commission to propose a purchase tax on cars based on their emissions, during Germany's EU presidency. "I believe the Commission may bring in an approach on the taxation of cars, looking for
        Reuter  -  62 words
      • Article
        Lock icon Tapie detained after immunity lifted
        71 7 Reuter PARIS French millionaire politician Bernard Tapie, shouting abuse, was detained at dawn at his Paris home yesterday, hours after parliament lifted his immunity on suspicion of accounting fraud and tax evasion, police said. They said Tapie abused policemen who awoke him at his home
        Reuter  -  71 words
    • Article
      Lock icon US House passes Bills for more competition in telecoms, television
      483 8 Bloomberg Business News WASHINGTON The House of Representatives on Tuesday overwhelmingly approved a pair of Bills that give telecommunications and cable television firms new powers to compete more freely on each others' turf. One Bill, breaking the chokehold Bell telephone
      Bloomberg Business News  -  483 words
    • Article, Illustration
      Lock icon Works better than the real thing
      56 8 Reuter LAS VEGAS Joel Greenstein of Hot Off The Press surrounded by newspaper-decorated umbrellas one of the items being marketed at Nexpo 94. The Florida company was at the Newspaper Technical Exposition and Conference here on Tuesday. More than 11,500 newspaper executives from around
      Reuter  -  56 words
    • Article
      Lock icon Spanking proposed in California in wake of Fay case
      201 8 Reuter SACRAMENTO. California A California legislative committee has passed a proposed state law allowing for the public spanking of juveniles found guilty of painting graffiti on property. Assemblyman Mickey Conroy, an Orange County Republican. proposed the measure on Tuesday after a
      Reuter  -  201 words
    • Article
      Lock icon Clintons set up legal defence fund
      212 8 Reuter WASHINGTON President Bill Clinton and his wife Hillary have established an unprecedented legal defence fund that lawyers said would help pay for mounting legal bills expected to run US$l million (551.52 million) to US$2 million a year. The fund, which would accept donations
      Reuter  -  212 words
    • Article
      Lock icon Russians work for US firm in 'virtual office'
      346 8 Reuter LONDON Where do Russian computer workers get work now that the collapse of communism means dwindling opportunities in space and military programmes? Richard Pick, owner of small US software company Pick Systems, says 60 of them are commuting electronically to Pick's
      Reuter  -  346 words
    • Article
      Lock icon Industry finds profit in turning clean and green
      435 8 Reuter MADRID Corporations arc increasingly turning into sophisticated environmental managers, not just to meet legal requirements but because it is good business. An international conference of environmental lawyers in Madrid last month found that in many countries it is industry, keen to
      Reuter  -  435 words
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      Page 8 Advertisements Column 1
      837 8 |SSBS| ADVERTISEMENT CENTRE/I KS3 RENAULT I MfODFIMMIIWB EXKLUSIV CENTRE: 1 Übi Rd 4, Singapore 1440. Tel: 741 3333 leng Kee Showroom: 19 Leng Kee Rood, Singapore 8315. Tel: 474 1 111 RENAULT ESPACE Exploring w horizons if Europe? Why not I wheel around in a brand new Renault of your
      837 words
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  • Page 9 Advertisements
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      180 9 X IW I "our Scmou Hotels Ltd I I A small note! opens in Singapore witn the worlds greatest reputation ror service behind it. I I 4 Introduci ngFo u r Seasons Hotel Singapore. j Having exceeded the demands of business travellers from Tokyo to Milan, Four Seasons now opens
      180 words
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  • Page 10 Advertisements
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      1357 10 Nothing Beats A Bud, B where t mi and entertain OW {pmefluAff ft £<*4- a^t*f Why not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's firsttheme karaoke lounge atthe Plaza Hotel. Plaza Hotel Hill llt If ftf IT
      1,357 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Speed pays for first-time director
      1035 11 Action thriller catapults Jan De Bont to top of the Hollywood pile IHT THE phone keeps ringing in the cramped Los Angeles office of Jan IX' Bont, the director of Speed, the first sleeper hit of the summer season. Executives at 20th Century Fox, which
      IHT  -  1,035 words
    • Article, Illustration
      Lock icon Di works out deal over gym snaps
      594 11 CHATTERBOX AP AP AP AP AP PRINCESS Diana has settled her lawsuit against a London gym where she was secretly photographed as she worked out. Her lawyers said the LA Fitness gym has apologised for the pictures, and will remain under permanent injunction
      AP; Reuter  -  594 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      281 11 K Shark's Fin Soup, Sauteed Crystal Prawns, Deep Fried Soon Hock and Supreme Lobster Salad. Just a few of the superb Cantonese delights to tempt your tastebuds that you'll find on our special dinner menus. There are four different menus to choose and they start from just $128*\ To reserve
      281 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1167 11 TV RADIO 1 The Gods Must Be Crazy 11, Jf pS, 8.30pm, SBC 5 BP? > This 1988 sequel sees the Kalahari desert crowded as Bushman Xixo (NiXau) loses his f f children in the back of a If poacher's truck, a New York 1 1 lawyer crashes on an
      1,167 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sizzling Russian's 5 goals rewrite the record books
      917 12 World Cup Finals UPI PASADENA. California It was going to be a day full ol drama on Tuesday as World Cup groups B and E were settled, but nobody could have foreseen the remarkable turn of events that will mark June 28.
      UPI; Reuter  -  917 words
    • Article
      Odds on US to go out with a bang in July 4 clash with Brazil
      694 12  -  By Shahiron Sahari FIFA, soccer's controlling body, couldn't have planned it any better even if they had wanted to: hosts USA take on perennial favourites Brazil on July 4. America's Independence Day. for a place
      694 words
    • Article, Illustration
      Lock icon Martin to take on Sampras in semis
      652 13 Wimbledon AP WIMBLEDON Todd Martin reached a Wimbledon semifinal showdown against defending champion Pete Sampras after surviving a gruelling five-set marathon against South African Wayne Ferreira 6-3, 6-2, 3-6, 5-7, 7-5 in just over three hours. Earlier, top-seeded Sampras, playing nearly flawless grass-court
      AP; Reuter  -  652 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon World Cup
        248 13 AFP AFP DALLAS, Texas Skipper Choi In young has quit South Korea's national team only 24 hours after letting in three goals in the opening 45 minutes against Germany and being substituted at half time. "It's all over for me as an international. Those three goals will haunt
        AFP  -  248 words
      • Article, Illustration
        Lock icon Basketball
        196 13 AP NEW YORK Major league Tuesday American: Seattle 6 Detroit 4; Boston 4 NY 10; Cleveland 9 Baltimore 8: Chicago 3 Kansas City 4; Milwaukee 6 Toronto 4: Minnesota 6 Texas 10; Oakland 3 California 0. National: Chicago 5 Pittsburgh 6; Colorado 10 San Diego 9 (Ist game); Colorado
        AP  -  196 words
      • Article, Illustration
        Lock icon Cricket
        87 13 AFP MANCHESTER Martin Crowe's slow recovery from a 'flu bug is threatening his chances of making New Zealand's team for the third Test match against England here today. Crowe was unable to bat during the tourists' last match against Derbyshire and he has also not been able to take
        AFP  -  87 words
      • Article, Illustration
        Lock icon Rugby
        127 13 Reuter WELLINGTON South African captain Francois Pienaar will miss the next five matches of the Sprinboks' New Zealand tour, including the first test, after a doctor con- firmed he was suffering concussion. Pienaar took a heavy blow on the head late in a bruising 36-26 win over Wellington on
        Reuter  -  127 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        111 13 Reuter TOKYO A teenager who was too short to become a sumo wrestler finally made the grade after injecting massive doses of silicone into his scalp and gaining IS cm in height. Japanese tabloids said on Wednesday. "What's that head? Isn't that something?" exclaimed former grand champion Kitanoumi,
        Reuter  -  111 words
      • Article, Illustration
        Tennis
        59 13 LONDON' Wimbledon, Mens quarterfinals Wednesday: Pete Sampras (US xl) b Michael Chang (US xlO) 6-4 6-1 6-3; Goran Ivanisevic (Cro x 4) b Guy Forget (Fra) 7-6 (7-3) 7-6 (7-3) 6-4; Boris Becker (Gcr x 7) b Christian Bergstrom (Swe) 7-6 (7-5) 6-4 6-3; Todd Martin (US x 6)
        59 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1467 12 I gBL I I Bank Brussels Lambert I I Incorporated in Belgium (All figures quoted in Belgian francs) D Consolidated Balance Sheet Consolidated Income Statement I I ASSETS 31.12.1992 31.12.1993 CHARGES 1991-1992 1993 I Operating results Cash in hand, balances with Interest payable and similar charges 154.463,476 central banks and
      1,467 words
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  • Page 13 Advertisements
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      1374 13 S SINGAPORE BRANCH Rifllu Quay #17-00, Singapore 0104 Talaphona: *****08, Facalmlla: *****22 BANQUE INDOSUEZ T^^noocabrs^ CONSOLIDATED BALANCE SHEET, CONSOUDATEO STATEMENT OF INCOME BANQUE INDOSUEZ AND SUBSIDIARIES BANQUE INDOSUEZ AND SUBSIDIARIES (in thousands) Year tndtd Oaeambar 31 1913 FRF 1993 FRF ASSETS (at December 31) 1993 FRF 1998 FRF ft" thouaanda,
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      Page 13 Advertisements Column 2
      706 13 J. P. Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York J I'M Consolidated statement of income for IWU J I'M Consolidated halance sheet at December 31, 1993 (Condensed) (Condensed) In millions Dollars \et interest revenue except per short data Assets in millions Interest revenue $7
      706 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      A marriage made in academic heaven
      909 14  -  The Canadian province of Ontario has a formula for getting university research out of the labs and onto the shopfloor. Yen Sreenivasan has the details Ven Sreenivasan IT IS common to hear industrialists lament that academies live in a cocoon. far removed from the
      909 words
    • IN TAKES
      • Article, Illustration
        Lock icon Small German brewers go high-tech
        77 14 German Industrial Service ESSEN, Germany Small breweries are back, in Germany at least. This time they are fully computerised, and able to brew any variety of beer required, with outputs of between 500 and 2.000 litres per brew. And now Krupp Hoesch Stahl AG of
        German Industrial Service  -  77 words
      • Article
        Lock icon Birth control injection for men
        89 14 UPI NEW DELHI India has developed the first injectable male contraceptive, which has passed safety tests on human volunteers, a New Delhi scientist said on Tuesday. The central drug research institute that monitored the drug said the drug, styrene maleic anhyride. had no side effects
        UPI  -  89 words
      • Article, Illustration
        Lock icon New hip joints for leopard
        61 14 AFP ROSTOC, Germany Veterinarian Frank Kellermann pointing at an X-ray photo on Tuesday showing two artificial hip joints that were implanted in a German snow leopard at the Free University of Berlin by Prof Leo Urunnberg in March and June this year. The operation, enabling
        AFP  -  61 words
      • Article
        Lock icon Detecting polluted ground water early
        126 14 Reuter MUNICH. Germany A German chemist is trying to improve the quality of drinking water by detecting pollution in the ground water early with the help of computers. Germany's environment is full of pollutants seeping into the ground water from industry, agriculture and city dumps.
        Reuter  -  126 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      541 14 p"*"*' FOR THE RAT RACE A mug of Sustacal Chicken every morning keeps you one step ahead of the pack. You see, it's a nutritionally complete food drink, which means that although it's a drink, Sustacal Chicken contains all the essential nutrients of a complete and balanced meal. And although
      541 words
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      Page 14 Advertisements Column 2
      178 14 4l> Mandarin Gardens Full-Service Accommodation 15 Siglap Road. #01 -04/05. Singapore 1544 Tel: 441 2888 Fax: 444 6839 A RESORT THAT'S ALSO A HOME Full-Service Accommodation by the Sea Mandarin Gardens offers a lot more than just a roof over your head. It's a vacation in itself. Imagine, a wide
      178 words
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  • THE LAW PAGE
    • Article, Illustration
      A comprehensive account of the Chinese legal system
      405 15  -  Selva Kumar reviews two books which examine China's laws An Introduction to the Legal System of the People's Republic of China By Albert H Y Chen Selva Kumar WHATEVER the outside impressions of China are following the Tiananmen Square incident in 1989,
      405 words
    • Article
      A guide to China's company law
      225 15 China's Company Law: The New Legislation By Guiguo Wang GHINA's new Company Law will come into force tomorrow, and is a timely consolidation of several independent laws and regulations in operation since the country opened up its economy in the late *****. For those
      225 words
    • Article, Illustration
      Arthur Loke & Partners to split into three firms
      309 15 Arthur Loke Partners to split into three firms atthe bar WHILE Chief Justice Vong Pung How has been calling on small firms to merge into larger units, some lawyers are finding working in a big firm a strain and are leaving to form sole proprietorships or joining small firms. Take
      309 words
    • Article
      Charlie's Angels, minus the male boss
      178 15  -  By Conrad Raj The legal fraternity now appears to have its own Charlie's Angels in three young lawyers who recently left Allen Gle- dhill, one of Singapore's largest law firms, to form their own little practice. But unlike the TV angels who had a
      178 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      154 15 A Champion's Time. A Sincere Reward. ■£!rW^B I Jgfe. 7T*****.789. The Royal Oak Championship Edition in tantalum and steel Dedicated to the sporting exploits of Nick Faldo. Extra-flat quartz movement, water-resistant to a depth of 5 arm. wk right now will find that a reward fit for a fl >m^Ugjchampion
      154 words
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      Page 15 Advertisements Column 2
      795 15 BHF BANK "=F BERLINER HANDELS- UND FRANKFURTER BANK Head Office 6000 Frankfurt T, Bockenheimer Landstrasse 10 Telex: *****6 Telephone: 069/718-0 Singapore Branch 150 Beach Road #03-00 Gateway West, Singapore 0718 Telephone: 291 2177 Telex: RS ***** BHF Fax: *****55 SWIFT Code BHFBSGSG CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME As
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  • Article
    Fallout from the diving dollar
    528 16 EDITORIAL EVERY DAY, every hour even, the US dollar seems to dive deeper into uncharted depths. Having breached the 100 yen barrier last week, it's now heading towards 98 yen, notwithstanding concerted central bank intervention. Some forecasters are looking at 94 yen within a few
    528 words
  • WHAT THE OTHERS SAY
    • Article
      US should lead on the dollar
      242 16 THERE MIGHT BE some who argue that the slide in the value of the US dollar is only temporary-, that the speculators will run out of steam in due course and the greenback will adjust to its normal level. This might be so. But
      242 words
    • Article
      Letting an outsider in
      144 16 AMID THE news barrage of the past few days, a little lesson from far-away Central Kalimantan was easily overlooked. Last Wednesday, Central Kalimantan's legislative council elected Warsito Rasman, a directorgeneral in charge of regional autonomy at the Ministry of Home Affairs in Jakarta, to become governor
      144 words
    • Article
      Cooperate to attract tourists
      172 16 FIRST, the Visit Asean Year, and now Asean countries are trying to bilateralise efforts to attract more visitors or persuade tourists to extend their visit in the region. Communications Minister Mah Bow Tan's meeting with President Suharto underlined the spirit of cooperation between Singapore and Indonesia.
      172 words
    • Article
      Politics and the yen
      222 16 THE MAIN REASON why the Hata Cabinet had an even shorter lifespan than the Hosokawa Cabinet is that it failed to bring the Socialist Party back into the ruling coalition. Faced with the Liberal Democratic Party's no-confidence motion, the Hata government had to either resign en
      222 words
    • Article
      Instability looms in Japan
      106 16 IT IS DIFFICULT to imagine two developed nations with images that contrast more sharply than Japan and Italy: the former, cold and efficient; the latter, passionate and chaotic. The collapse at the weekend of the government of Japanese Prime Minister Tsutomu Hata, however, may do something
      106 words
    • Article
      Has Wu met his match?
      143 16 GORDON WU. the dynamic chairman of construction firm Hopewell Holdings, came to Thailand with a reputation as a can-do man. His company had undertaken mega-projects in Asian countries with some of the most daunting bureaucracies in the world and it invariably finished its work on
      143 words
  • Article, Illustration
    Ups and downs of Chinese businessmen in Vietnam
    1102 16  -  Vietnam has always had a love-hate relationship with its ethnic Chinese business community, which has lived in the country for generations. Harish Mehta reports Harish Mehta THE FORTUNES of the ethnic Chinese living in Vietnam for generations have ebbed and flowed with
    1,102 words
  • Page 16 Advertisements
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      30 16 SELLING POINT If ever you have to sell ice to the Eskimos, let us offer you a pointer or two. Advertising Marketing. Every Friday. SINOAPOKK Business Times WE KNOW ASIA
      30 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      84 16 LAST U>€X>r*eSWV... UKST -TWUKSDAV UPvS ANYONE. MFM) U)OE< IN CCIDftV &uS»NG SINC£L Pudge. V rrs <» UOUPBV I II I URD PvUV^GSll^^^ ST I DOONESBURY GARRY TRUDEAU AfS. UJCKSHBLATT, ARB YOU ijm ARB YOUINFORMBV 7 BIHHH|H APRQfe&ioNAL* A&a- m &ucatept ART/C- m weu, UJHAT, THEY p^ 90NMAXBR* POYOUHOW wjj- ULATB?
      84 words
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  • ANALYSIS
    • Article, Illustration
      The sliding dollar and the slipping president
      1545 17  -  Concerted intervention to prop up the battered US dollar and quick fixes by the Clinton Administration took centrestage this past week. Leon Hadar wonders whether next week's G-7 summit and the Federal Reserve will come to the rescue of the besieged US President
      1,545 words
    • Article
      Will the White House shuffle make much difference?
      495 17 WITH President Bill Clinton's popularity sliding in the public opinion polls, and his foreign policy and economic leadership being questioned at home and abroad, on the eve of the critical mid-term election, the White House was facing major pressure from the Democratic
      495 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      66 17 I I-P only my boss v\*xild I respond io these ads... A ANY JOB. ANY CAREER. Iff 1 5 available Any Day. I! ®!sfP2P\ ANY t,me Anywhere. I J The Straits Times The Sunday Times Business Times I i V the New Paper Lianhe Zaobao Lianhe Wanbao I "■—~™""Shin Min
      66 words
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      Page 17 Advertisements Column 2
      837 17 I mX Bangkok Bank Public Company Limited I I m (INCORPORATED IN THAILAND) I I Balance Sheet Statement of Profit and Loss I I As at December 31,1993 For the year ended December 31,1993 I I ASSETS 1993 1992 1993 BAHT 1992 I I CASH AND DEPOSITS AT BANKS INTEREST
      837 words
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  • Article
    Lock icon Bentsen calls for stronger US$, says it's good for the world
    552 18 Reuter. Knight-Ridder WASHINGTON United States Treasury Secretary Lloyd Bentsen, in his most forceful comment yet on the dollar crisis, called for a stronger US currency on Tuesday and said it would be good for both the domestic and the
    Reuter.; Knight-Ridder  -  552 words
  • Article
    Asian govts urged to liberalise telecom sectors
    352 18  -  From Genevieve Cua in HONGKONG ASIAN governments would have to liberalise their telecommunications industry if they wanted to attract more foreign capital, a conference heard yesterday. "Governments need to be aware that banks have many investment choices in the region's lucrative communications business,"
    352 words
  • Article, Illustration
    Lock icon Wall with a 4,500-year history
    56 18 Reuter CAIRO A member of the Egyptian Antiquities Department drawing plans of an ancient wall which was discovered recently. The 65-metre long stretch of wall is believed to be part of the river harbour used to bring stones and workmen to build the Great Pyramid
    Reuter  -  56 words
  • Article
    Lock icon Germany passes telecom privatisation Bill
    152 18 Reuter BONN The German Parliament passed a postal reform Bill yesterday setting the stage for phone monopoly Deutsche Bundespost Telekom to launch a USSI3 billion (5519.7 billion) stock market listing in 1996. The Bill turns Telekom and its banking and mail service sister agencies, Postbank
    Reuter  -  152 words
  • Article
    New SEC rules could affect trading on Nasdaq
    341 18 WASH INC HON The Securities and Exchange Commission yesterday approved two rules that could change the way stocks are traded on the Nasdaq stock market, the secondlargest equity market in the world by dollar volume. One rule is designed to curtail sharp
    341 words
  • Article
    Lock icon China to limit amount of land sold in its cities
    364 18 Eastern Express HONGKONG Beijing aims to limit the amount of land in its eities that can be sold or leased to real estate developers as part of its on-going programme to rectify the mainland property market. A new draft law
    Eastern Express  -  364 words
  • Article, Illustration
    The underlying cause of the falling greenback
    790 18  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY the writer is Hi's Tokyo correspondent REMEMBER the "Gnomes of Zurieh" those (not so) jolly little men that former British prime minister Harold Wilson loved to berate for foreing him to devalue the British pound and
    790 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      271 18 r MARKETING 1 FOCUSED BUSINESS M MANDARIN AND PUBLIC SPEAKING COACHING mm Our special Business Mandarin Programme may be mm what you are looking for. We are here to help you to WM turn your limited social Mandarin to fluent working i||| Mandarin with comprehensive business vocabulary. |C\ OUR NEW
      271 words
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      Page 18 Advertisements Column 2
      64 18 |MomNG Tomorrow in Business Times rtife TOkW* 'vfLW (Beside Toa Payoh Swimming Pool) Inside Toa Payoh Park Special Promotion From 1/7/94 To 31/7/94 Every table spend $100 and above you will gel a free suckling Pig (exclude drinks I cigarettes)] i 1 Mon to Fri only except Sat, Sun, Eve
      64 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled Baring. Daiwa. hraser, GK Goh, Nomura. Phillip. Smith New Court. Tat Lee and SG Warburg.
        40 words
      • Article, Illustration
        HOT STOCK
        132 19  -  By Quak Hiang Whai Like other broking counters, Kay Hian James Capel suffered from some heavy selling in the last two months and fell to $1.81 from above $2.20 last month. The stock is, however, nearing its support at around $1.70 and the downside looks limited. Bullish divergence
        132 words
    • Article
      CSA Hldgs to buy 51pc stake in California firm for US$11m
      430 19  -  By Joseph Rajendran SINGAPORE Computer firm CSA Holdings yesterday agreed to pay US$ll million (5516.7 million) for a 51 per cent stake in Californian software company Integral Systems. The purchase the biggest to date by main boardlisted CSA involves
      430 words
    • Article
      Tuan Sing and SPP plan 1-for-1 and 6-for-4 rights issues
      271 19 SINGAPORE Property developer Tuan Sing Holdings and its construction subsidiary SPP Ltd are making cash calls worth $270 million and $50 million respectively. Tuan Sing is proposing a I-for-1 rights issue which would result in creating between 566.67 million and
      271 words
    • Article, Illustration
      No cause to wind up company, says rival faction's lawyer
      791 19  -  The Yeo Hiap Seng Holdings hearing By Shiv Taneja SINGAPORE The lawyer for the rival faction in the Yeo family feud said yesterday there was no cause to wind up Yeo Hiap Seng Holdings, the holding company which has a
      791 words
    • Article
      Goh Keng Sweeps appointment a major coup for Hong Leong group
      790 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Some 20 months ago, Ng Teng Fong and his Far East group won official recognition from none other than Senior Minister Lee Kuan Yew. Now, former Deputy Prime Minister Goh Keng
      790 words
    • Article, Illustration
      Lock icon Aussie retailer makes last-minute bid for Brash
      399 19 AFP MELBOURNE Australian music retailer Edels Music mounted a last-minute bid yesterday to snatch control of fellow retailer Brash Holdings out of the hands of Singapore developer Ong Beng Seng. Edels announced it had offered As 66 million (5572.9 million) on the eve
      AFP  -  399 words
    • COMPANIES
      • Article
        Metro unit signs HK$550m Guangzhou joint venture
        483 20  -  It will build 35-storey commercial tower in business district From Lim Soon Neo in HONGKONG METROBILT Enterprise Ltd, a subsidiary of Singapore's Metro Group, has entered into a HKSSSO million (S$ 108.4 million) cooperative joint venture to build a commercial complex in Guangzhou.
        483 words
      • Article, Illustration
        Chiwan Petroleum to spend HK$200m on expansion
        294 20  -  By Dexter Lee SINGAPORE Chiwan Petroleum Supply Base will spend HK$2OO million (Ss39 million) in the next 12 months to expand existing business and venture into new areas. The company, a ChinaSingapore joint venture, wants to move into industrial and maritime services to
        294 words
      • Article
        Idris chalks up big jump in group net profit to M$11.9m
        217 20  -  From Ho Kay Tat in KUALA LUMPUR MARKET punters' darling Idris Hydraulics Bhd has chalkcd up a hefty jump in group net profit before extraordinary items to MSI 1.935 million (SS7 million) for calendar year 1993 from a MSI
        217 words
      • COMPANY BRIEFS
        • Article
          Causeway ties up with HK firm
          69 20 SINGAPORE Causeway Investments yesterday created a joint venture here with Hongkong company Golden Horse (Holdings) to assemble, distribute and sell energy-saving devices. Causeway has a 51 per cent stake in the joint venture, which has an authorised share capital of 51.5 million and issued
          69 words
        • Article
          Nippecraft gets new chief
          32 20 SINGAPORE Newly listed stationery maker Nippecraft has appointed William Habergham as its chief operating officer. He will steer the company's expansion into the US. British and European markets.
          32 words
        • Article
          UIC rights issue 122.5pc subscribed
          98 20 SINGAPORE United Industrial Corp said yesterday its rights issue, which closed on June 23. attracted applications for 275.89 million rights shares with 41.38 million warrants an overall subscription rate of 122.5 per cent. It accepted applications for 210.99 million rights shares with 31.65 million warrants,
          98 words
        • Article
          Tang's bond, share listing approved
          85 20 SINGAPORE C K Tang has received in-principal approval for the listing and quotation of bonds, warrants and new shares proposed on April 29. The company had proposed to issue $45 million principal amount in 2 per cent unsecured bonds due 1999 and US$2l.5 million (5532.9
          85 words
        • Article
          DBS 50-cent preference shares
          106 20 SINGAPORE DBS Bank says the second instalment of 50cent preference shares, out of four 50-cent instalments, is now due and has to be paid by July I. These preference shares have been trading since June 24 at a paid-up value of $1 and are listed as
          106 words
        • Article
          Lock icon Tony Tan heads OCBC Bank (M)
          60 20 MBT KUALA LUMPUR Tony Tan Keng Yam, the chairman and chief executive officer of Oversea-Chinese Banking Corp Ltd, has been appointed chairman of OCBC Bank (Malaysia) Bhd. The Malaysian branch of OCBC Ltd will be locally incorporated as OCBC Bank (Malaysia) Bhd from tomorrow.
          MBT  -  60 words
      • Article
        Corrections and clarifications
        34 20 IN yesterday's report on the Comfort Group's results, we said net tangible asset backing per share at March 31 was 1.24 cents. It should be $1.24. We apologise for the error.
        34 words
      • Article
        Lock icon WTC to invite its Aussie sister company to join in China projects
        287 20 Bernama KUALA LUMPUR Malay-sian-owned WTC Investments Ltd intends to invite its new Australian sister company. Bliss Corporation Ltd, to participate in several projects in China, estimated at Mslo billion (S$5.BS billion). WTC chairman Abdul Aziz Abdul Rahman, the
        Bernama  -  287 words
      • Article
        Lock icon M'sian shares won't rebound till last quarter: analysts
        451 20 Reuter KUALA LUMPUR The Malaysian stock market will go through a longer-than-expected consolidation phase after its breathtaking run last year and most analysts do not expect a rebound until the last quarter of this year. Barring the occasional spurt of frenzy from
        Reuter  -  451 words
      • Article
        Lock icon Poor plywood demand hits Barito's 1Q results
        304 20 Reuter JAKARTA Indonesia's PT Barito Pacific Timber, the flagship of tycoon Prajogo Pangestu, posted disappointing first quarter results due to poor demand for plywood in its main markets of China and Japan, analysts said. Athough Barito's net profit for this year's first quarter
        Reuter  -  304 words
      • Article
        HK plans to ban cash rebates for unit trust managers
        456 21  -  From Lim Soon Neo in HONGKONG THE Hongkong market securities watchdog intends to ban cash rebates for managers ot Hongkong authorised unit trusts, a move which will bring Hongkong in line with financial centres in the United States and Britain.
        456 words
      • Article, Illustration
        Lock icon Work starts on US$20m Viet Coke plant
        265 21 AFP HANOI The US soft drinks firm Coca-Cola yesterday laid the foundation stone here for a US$2O million (5530.4 million) bottling plant to meet surging demand in Vietnam after an 18-year hiatus in local production. The joint venture, set up on the outskirts
        AFP; Reuter  -  265 words
      • Article
        Lock icon BHP seen posting near-record profits
        522 21 Revamp in steel division expected to reap benefits Reuter MELBOURNE Australia's largest company, The Broken Hill Pty Co Ltd (BHP), is expected to announce tomorrow near-record profits and reveal the benefits of a transformation of its steel division. Despite weaker minerals and petroleum earnings, net
        Reuter  -  522 words
      • Article
        Lock icon HK's Dickson to expand Harvey Nichols across UK
        353 21 Bloomberg Business News HONGKONG Luxury goods retailer Dickson Concepts (International) plans to open Harvey Nichols stores in major British cities, such as Glasgow. Edinburgh. Manchester and Leeds. The Hongkong company, which bought the Harvey Nichols department store in London in 1991. has
        Bloomberg Business News  -  353 words
      • Article
        Lock icon Giordano founder hopes to buy daily newspaper: report
        260 21 AFP HONGKONG Hongkong retailer Jimmy Lai. the founder of Giordano clothing chain, is hoping to buy a Chinese-lan-guage daily newspaper in the territory later this year, a weekly magazine said yesterday. Mr Lai told the latest issue of the Hongkong-based Far Eastern
        AFP  -  260 words
      • Article
        UNIT TRUSTS A FUNDS
        528 21 Managers' price* <$) Jun 30 UMB Invest Mgt Ltd f■- n Ilni* Tnitl Unifund 1-42 1-48 Singapore Unit Trust umbond+ 103 loss The Commerce 1.61 1.71 nd United Or Fund! 1.65 1.72 The Savings Fund 1.52 1.61 United Asia Fund 1.59 I.M« S'pore I'rug Fund 06*
        528 words
      • COMPANY BRIEFS
        • Article
          Lock icon Tatung sees 60pc rise in net profit
          107 21 AFP TAIPEI Taiwan's largest electrical appliances maker, Tatung Group, expected net profit for 1994 to jump 60.6 per cent on a year earlier to NT55.63 billion (SS3I6 million), company oflicials said yesterday. Turnover for this year was forecast at NT574.6 billion, the largest
          AFP  -  107 words
        • Article
          Lock icon National Semiconductor's China venture
          83 21 Reuter SANTA CLARA, California National Semiconductor Corp has signed a joint venture agreement with Shanghai Sunrise Electronic Technology Ltd to establish a manufacturing plant in China. The facility, to be called National Semiconductor Shanghai Sunrise Ltd, will be near Shanghai and will specialise in producing hybrid
          Reuter  -  83 words
        • Article
          Lock icon Star appoints new India GM
          80 21 Bloomberg Business News HONGKONG Asian regional satellite television broadcaster Star TV said it has appointed Andrew Carnegie to replace Sidhartha Ray as its new general manager for India. Mr Ray resigned from Star, which is controlled by Rupert Murdoch's News Corp, about a month ago,
          Bloomberg Business News  -  80 words
        • Article
          Lock icon French group tipped for Thai terminal
          101 21 AFP BANGKOK Aeroports de Paris has a slight edge oyer international competitors for a 600 million baht (5536.4 million) contract to build the main terminal at Bangkok's new international airport. The coordinator of the Bangkok Second International Airport Project, Pojchana Simasathien. said two US-based
          AFP  -  101 words
      • Article
        DIVIDENDS ANNOUNCED
        1077 21 Pa) meat Ex Books Pa> date close date ABR Hldgs 5* F 9 Jun 29 Jul 5 Jul 15 Acma F 10 Jun 14 Jun 20 Jul 5 Akrom F 3.5TE Jun 23 Jul 7 Jul 22 Alex Hldgs 50* b 6 Sep 6 Sep 12 Sep 22
        1,077 words
    • FINANCE & COMMODITIES
      • Article
        HK lagging behind in debt market development: report
        399 23  -  From Lim Soon Neo in HONGKONG HONGKONG'S development as a debt market lags far behind other financial markets and it "has a long way to go in order to catch up", said the latest Economic Report published by the Hongkong and Shanghai
        399 words
      • Article
        Lock icon Merrill preparing HK$700m mortgage bonds
        370 23 Bloomberg Business News HONGKONG US investment bank Merrill Lynch is preparing to underwrite a HKS7OO million (SSI3B million) sale of mortgage-backed bonds for one of Hongkong's largest property developers. Merrill, in a copy of the term sheet, did not name the issuer but described it
        Bloomberg Business News  -  370 words
      • Article, Illustration
        Lock icon Arab-Malaysian Bank plans for 30 more branches
        357 23 Bernama KUALA LUMPUR AM MB Holdings Bhd. which is acquiring an 80 per cent stake in Arab-Malaysian Bank Bhd. has set a target of 20 to 30 branches for the bank. AMMB Holdings director Cheah Tek Kuang said this was a short-term target
        Bernama  -  357 words
      • SMALL CHANGE
        • Article
          Lock icon IFCT seeks stake in Thai Sakura
          78 23 Bloomberg Business News BANGKOK The Industrial Finance Corp of Thailand (IF«~) is negotiating with Sakura Bank to buy part of the JapaAe bank's Bangkok-based brokerage subsidiary. Thai Sakura FiniaLc Securities Co is among the smallest of the 40 securities fiflis uith seats on the
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Marleau, Lemire in HK alliance
          105 23 Bloomberg Business News MONTREAL Marleau. Lemire Inc. seeking to expand 3 to Asia, said on Tuesday a subsidiary agreed to form an alliafl ie with Polaris Securities (Hongkong) Ltd. Polaris is a unit! of Taiwan-based Polaris Securities Ltd, a closely held company J at oversees
          Bloomberg Business News  -  105 words
        • Article
          Lock icon J P Morgan, ICICI in Indian venture
          73 23 Reuter LONDON J P Morgan and Co Inc and the Industrial Cr®it and Investment Corporation of India Ltd (ICICI) have formal a second joint venture, this time to conduct investment ment in India. A statement from J P Morgan said it would taks
          Reuter  -  73 words
        • Article
          Lock icon Sudan revalues currency by 3pc
          70 23 Reuter KHARTOUM Sudan has revalued the official exchange i|te of its pound currency by just over 3 per cent, a newspaper said yesterday. Al-lngaz al- W aiani reported a 3.22 3er cent revaluation of the buying rate to 310 pounds per US doB ir from
          Reuter  -  70 words
        • Article
          Lock icon GiroBank to take over failed brokerage
          94 23 Reuter COPENHAGEN Denmark's Giroßank A/S said its whaly owned GiroFinans subsidiary would take over the core activities of collapsed brokerage firm Benzon Benzon with effect frpm tomorrow. On June 23, the Danish Finance Inspection Board said Benzon Benzon Boersmaeglerselskab A/S suspended paymOts and its
          Reuter  -  94 words
      • Article
        Lock icon Asia deregulates oil industry to raise competition, cut prices
        473 24 Reuter SINGAPORE Many Asian countries are slowly dismantling controls on their oil industries in a bid to increase competition and lower product prices, industry sources said yesterday. Japan, India and the Philippines are just a few of the countries in the
        Reuter  -  473 words
      • Article, Illustration
        Lock icon Tight supplies squeeze HK textile firms
        497 24 AFP HONGKONG Dwindling cotton supplies and growing competition are leaving Hongkong's textile manufacturers with the stark choice of either moving their operations abroad in a bid to lower costs, or shutting up shop. Analysts say cotton prices are expected to stay high because of
        AFP  -  497 words
      • Article
        De Beers sells record US$2.5b of diamonds in first half
        399 24  -  From Neil Behrmann in LONDON FIRST-half diamond sales at De Beers rose to a record U552,580 billion (553.9 billion), 1.5 per cent up on the same period last year and 42 per cent higher than the second half of 1993.
        399 words
      • Article
        Lock icon Kazakhstan seeks to become major player on world metal market
        283 24 Knight-Ridder MOSCOW Kazakhstan is implementing a metallurgy development programme, which will enable the republic to put its considerable natural resources to full use, increase its export earnings five-fold by the year 2005 and achieve a positive trade balance within the
        Knight-Ridder  -  283 words
      • Article
        Lock icon Asia diesel glut remains despite big Philippine demand
        253 24 Reuter SINGAPORE The Philippines' national oil company. Petron. is tendering to import its fourth cargo of high speed diesel (gas oil) for July, but its heavy requirement has not been able to relieve the market of excess supplies, trade sources said. Petron's
        Reuter  -  253 words
      • Article
        Lock icon Energy consumption up, but oil use down in 1993: BP
        202 24 Reuter LONDON World energy use in 1993 rose by 0.2 per cent from year-earlier levels but oil demand shrank some 0.8 per cent, the HP Statistical Review of World Energy says. The British Petroleum Co pic. which published the yearly
        Reuter  -  202 words
      • Article
        Lock icon Falling US$ unlikely to boost oil demand in short-term: analysts
        292 24 Reuter LONDON A slumping US dollar means cheaper oil on the US dollar-denominated world oil market but a decline in the fortunes of the US currency unit is unlikely to have any short-term impact on oil demand, industry analysts say.
        Reuter  -  292 words
      • Article
        Lock icon London
        185 24 Bloomberg Business News LONDON The dollar fell to 98.61 yen amid concern Japan's new prime minister would delay resolution of the US trade dispute with Japan. Growing impatience with the lack of coordinated action to support the dollar from the G-7 also undermined the dollar. analysts said. "Nobody's going
        Bloomberg Business News  -  185 words
      • Article, Illustration
        Untitled
        1709 24 IntJe-neifhUii iiktfx iiiktilalfil attains! Spies tup 14 trailing pant hi-*. Base year I98< US$/S$ forward rates Noon June 29 ss Bid Offer 1-month 1.5223 152 38 2-month 1.5219 1 5234 3-month 1 5214 ***** 6-month 1.5192 1.5212 Sotiixv (X'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on June
        1,709 words
      • Article
        Futures little changed on mixed supply data
        165 24 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on the New York Mercantile Exchange were little changed yesterday as an increase in refining rates offset concerns about a rise in crude supplies and a weaker-than-ex-pected decline in petrol inventories. US crude supplies rose
        165 words
      • Article
        Lock icon New York
        86 24 AFP NEW YORK The dollar plunged to a local low against the Japanese yen here early yesterday while firming against other major currencies. At about 9:45 am (1345 GMT), the dollar traded at 98.93 yen, down from 100.03 on Tuesday, and at 1.5848 German marks, up from 1.5789.
        AFP  -  86 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends firmer on dollar weakness
        1376 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen contracts gained support from the US currency's troubles and showed little response to news of a resolution in Japan's political crisis. Parliament yesterday named Socialist chairman Tomiichi Murayama as Japan's next prime minister. He will head a coalition
        Reuter  -  1,376 words
      • Article
        KL tin falls to 5-month low
        657 25 COMMODITY REPORTS KL Tin A sharp fall in the copper price in London Metal Exchange dragged tin prices down to a new five-month low of MS 13.47 a kg at the close. The metal fell 43 sen from overnight. "There was heavy selling in
        657 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          New bid for China corn seen
          54 25 SINGAPORE A big Malaysian feedmaker yesterday gave up on its attempt to buy 15.000 tonnes of Chinese corn for Aug 1-31 shipment, traders said. The lowest offer received was about USSI2B (SSI96) per tonne C&F. but the feedmaker, seeking lower prices, would probably ask
          54 words
        • Article
          Japanese refined metals output falls
          163 25 TOKYO Japan's refined copper production fell to 92,723 tonnes, down 8.1 per cent from a year before in May. according to figures released yesterday by the Ministry of International Trade and Industry. Production of refined zinc fell 6.3 per cent from a year before to
          163 words
        • Article
          Brazil coffee regions report no frost
          128 25 SAO PAOLO Temperatures warmed in Brazil coffee regions yesterday with the warming trend likely to remain at least until tomorrow, farm cooperative agronomists said. Coffee regions were hit by frost from Sunday to Tuesday. Damage to the 1995-1996 (May-Apr) crop was reported from the
          128 words
    • Article
      COMMODITY PRICES
      1414 25 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 94 177.50 177.50 177.50 50 925 Aug 176.50 176.50 176.25 1800 1750 Sep 172.75 171.75 172.00 1250 2700 Oct/Dcc 168.50 168.00 ***** 2175 9600
      1,414 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1133 26 +0.7 SHARES closed marginally firmer yesterday as losses in the resources sector were offset by gains in industrial stocks. The key All Ordinaries Index closed at 1,975.1 points, 0.7 of a point above Tuesday's finish. The All Industrials Index climbed 21.5 to 2,906.9. while the All Resources shed 16.4
        1,133 words
      • Article
        Manila
        603 26 -9.23 Philippine share prices fell yesterday, following the lead in New York, analysts said. The Philippine Stock Exchange Index fell 9.23 points to close at 2.731.49. Turnover slid 7 per cent to 1.09 billion shares, while value rose 44.20 per cent to 900.84 million pesos. "The market is still
        603 words
      • Article
        Taipei
        591 26 4- 58.59 The Taipei bourse yesterday posted modest gains due to continued buying from foreign institutional investors. Extending the previous session's 7.61-point rise, the 374-is-sue Weighted Price Index climbed 58.59 points to settle at 5,933.15. Turnover declined to 895 million shares valued at NT541.23 billion compared with 963 million
        591 words
      • Article
        Seoul
        481 26 +10.35 Stock prices jumped yesterday on the Korean Stock Exchange, boosted by news that an interKorean summit will go ahead and a rumour that limits on foreign investments would be eased earlier than expected. The Composite Price Index jumped 10.35 points to 933.96 in relatively active trading of 33
        481 words
      • Article
        New Zealand
        335 26 +3.16 Shares gave up earlier gains to end a quiet and thinly-traded session little changed ahead of today's government budget. The NZSE-40 Capital Index ended up 3.16 points at 1,982.27, below the 1,993.49 session high. Volume was a relatively light NZS27 million. "The trend is still uncertain. People
        335 words
      • Article
        Bombay
        90 26 -53.41 Share prices closed lower after an early rise was snuffed out by all round selling through most of the session, brokers said. The BSE 30-share Index closed at a provisional 4,158.42, down 53.41 points from the previous close. In early trade, it had risen by 12.31 to 4,224.14.
        90 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        722 26 Britannia Funds Sterling Cash Bid (MTer Mim Cap Deposit 38 6400 3* 6500 Mim Jersc> Gilt 0 1893 ***** Mim Ma« Income *0 9000 *0 9400 I S$ Cash Income Plus Fund 9 8600 10 3900 PS Reserve f und < 2800 5 2900 Sterling Kquilt Euro Performance 0 4S9J
        722 words
      • Article
        London
        644 26 +37.3 STOCKS rose as hopes for non-inflationary economic growth that will lift company earnings offset the dollar's plunge against the yen. The FT-SE 100 Index of leading stocks rose 37.3 to 2,946.3, continuing a threesession bounce back after it closed on Friday at an 11month low of 2,876.6. Stronger-than-cxpected
        644 words
      • Article
        Paris
        158 26 10.57 French shares ended close to the session's highs, helped by firmer bond futures and by fund managers dragging up prices before the end of the month when first-half portfolio valuations arc carried out. The market was mixed over whether the Bank of France would sanction a cut in
        158 words
      • Article
        Stockholm
        139 26 +4.43 Swedish shares closcd slightly higher despite a somewhat weaker debt market. British Charter's bid for Esab lifted several industrials. "Wall Street has opened higher and it's book closings for the half-year on Thursday so 1 think the rise will continue tomorrow," a broker said. The OMX-Indcx was up
        139 words
      • Article
        Frankfurt
        164 26 +28.04 German share prices ended sharply higher, holding the day's gains then managing a small rally in last few minutes. Dealers say much of buying was due to investment funds window-dress- ing ahead of the end of the second quarter. The DAX Index finished 28.04 points higher at 2,046.30
        164 words
      • Article
        Brussels
        184 26 +6.55 Belgian shares ended 0.47 per ccnt up in quiet trade on stronger bonds and a firmer start on Wall Street. But dealers said they believed the rise was merely a technical recovery which would last no longer than the end of the two-week trading account today. The Bcl-20
        184 words
      • Article
        Milan
        164 26 -46 Italian stocks closed mixed amid concern about the direction of interest rates and Italy's budget deficit. "No one wants to take any decisions now because they are waiting for a clarification of the international situation on interest rates," said a trader. "There was very little activity today." The
        164 words
      • Article
        Amsterdam
        262 26 1.08 Dutch shares notched up a steady session, making small gains in quiet trade but adding to the growing conviction that the market is solidly supported at current levels. The AEX Index closed 1.08 firmer at 382.30. The dollar's weakness against the yen was not broadly reflected against European
        262 words
      • Article
        Zurich
        265 26 +26.8 Swiss shares ended firmer in volatile trading, helped by a higher opening on Wall Street, dealers said. The market had been firmer from the opening, supported by stronger bond futures, some short covering and portfolio adjustments ahead of the half year. However the market was still dominated by
        265 words
      • Article
        Johannesburg
        327 26 -77 South African shares took little note of a firming London market yesterday amid concern that world equity declines may continue, dealers said. They said the market drifted lower through the day as a lack of buying pulled shares lower in mostly slow trade. Dealers said continued dollar volatility
        327 words
      • Article
        Toronto
        259 26 11.65 Canadian stocks continued at firmer levels at midday and traders believe a sweetening of sentiment may be in the wind. "I think we are slowly beginning to sec a change in sentiment," one trader said. "With the release of second quarter earnings next month, we're getting back to
        259 words
      • Article
        New York
        744 26 12.30 The Dow Jones Industrial Average, which retreated 15.86 points on Tuesday, was ahead 12.30 points to 3,681.94 at I lam EDT. The New York Stock Exchange Composite Index was ahead 1.36 to 247.16, while Standard Poors 500-stock Index was up 2.75 to 448.82. Advances topped declines 1,078-618
        744 words
    • Article, Illustration
      Lock icon HONGKONG
      3042 27 HONGKONG Investors lowered offers on stocks on continued concern that US and Hongkong interest rates will rise as the dollar extended its recent declines to a post-World War II low of 99.10 yen. "The focus is still on the dollar and its fall against the yen in Asian trading."
      Source: Bridge Info  -  3,042 words
    • Article, Illustration
      Lock icon CHINA
      532 27 CLSA TURNOVER in the Shanghai B market shrank to US$l.B million as the index edged up 2.78 points to 769.13. Tyre Rubber continued its roller coaster ride, regaining 5.8 per cent from Tuesday's closing. Refrigerator was the worst performer for the day, falling 8.8 per cent on thin trading
      CLSA  -  532 words
    • Article, Illustration
      Lock icon TOKYO
      2513 27 Reuter TOKYO Stocks closed lower after mild selling prompted by the dollar's weakness. But the Nikkei Average spent most of the day moving narrowly around 20,500 as buying by foreign investors, investment trusts and public funds slowed declines, brokers said. "I would not have been surprised if share prices
      Reuter; Source: Bridge Info  -  2,513 words
    • Article, Illustration
      Lock icon BANGKOK
      1845 27 Reuter BANGKOK Thai stocks rebounded after falling for seven straight days and brokers said window-dressing ahead of half-year accounting of banks and finance companies contributed to the rally. The SET Index closed 19.84 points higher at 1,272.77 on low turnover of 3.85 billion baht. "Selling seems exhausted but today's
      Reuter; Source: Bridge Info  -  1,845 words
    • Article, Illustration
      Lock icon JAKARTA
      1170 27 Reuter JAKARTA Share prices fell at the close in quiet trading, dragged down by a sharp decline in PT Barito Pacific Timber which posted poor first quarter results, brokers said. The Official Index ended 4.67 points lower at 457.74. Barito Pacific dropped 5.12 per cent or 425 rupiah to
      Reuter; Source: Bridge Info  -  1,170 words
    • Article
      CLOB INTERNATIONAL
      2386 28 MOST ACTIVE volume Idns Hyd 50c 5.017.000 Mulpha Inil SOc 3.738.000 Kcnong Bhd SOc 3.447.000 Promct 3.300.000 CASH 50c 2.420.000 Fabcr Group 2.138.000 Kamunting 50c 2.052.000 Mulu-Purpose 1.828.000 NIBf Capital 1.791.000 Lien Hoc TSR97 1.615.000 Landmarks Bhd 1.274.000 AMDB 50c 1.206.000 MBf Hldgs 50c 1.181.000 MOST ACTIVE value
      2,386 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks mark time in listless market
        5932 28 Bloomberg Business News KUALA LUMPUR Malaysian share prices closed mostly unchanged after a day of very thin trading that lacked market-moving news about interest rates or spallation about domestic politics, analysts said. "The market is very listless," said an analyst. "There are no fresh
        Bloomberg Business News; Source: Bridge Info  -  5,932 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7254 29 [MMWOABD Transaction date: June 29 Gr Gr 1994 Last Vol Day Last Qwot« Di« Di* tld Net M (up High Low Com pan) Sal* (*000) High Low Buyer Seller C'vr S P/t Smil INDUSTRIAL AND COMMERCIAL 1440 835 t s .Acma 960 -30 26 97} 960 93S 960 17.5 2.1
        7,254 words
      • Article, Illustration
        Lock icon US dollar's weakness, rate hike fears weigh on market
        1927 30  -  By R Sivanithy SINGAPORE The US dollar continued its downward spiral in Asian trading yesterday. which, coupled with renewed US intlation worries, dragged stock prices here lower as investors feared a hefty interest rate hike soon. "The Dow looks set for
        Charts by Bridge Info; Source: Bloomberg  -  1,927 words
  • Page 19 Advertisements
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      215 19 NEWS VALUE How today's news might affect your stocks US dollar falls to record km against yen and S'pore unit (Pf> 0 It looks like the bottom is not in sight. Bank Negara issue signals rates have hit bottom: dealers (pg 3) Not unexpected; should not adversely impact Malaysian stock
      215 words
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      885 20 ingA£>bank Internationale Nederlanden Bank N.V. Registered Office: De Amsterdamse Poort 1102 MG Amsterdam Zuidoost, The Netherlands BALANCE SHEET AS AT 31 DECEMBER 1993 PROFIT AND LOSS ACCOUNT FOR 1993 AFTER APPROPRIATION OF PROFIT j Consolidated Consolidated 1993 1992 (in millions of guilders) (in millions of guilders) Interest income 16,641 17,484
      885 words
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      75 21 TAti rAn I NONSTOP v 7VV 5 TIMES A WEEK \X/ F"'B ITT -y Gulf nonstop any other airline. Whichever comfort and style, experiencing our traditional hospitality. V\ PZ~^7 /IV larVN Come fly us discover 1& |LJ v.j/ t the Gulf. *j| vT Ua FOR MORE ROUTES VLr 1 ,^w»
      75 words
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      Page 22 Advertisements Column 1
      2158 22 HL Bank I Formerly known as MUI Bank Berhad I I (A limited liability company incorporated in Malaysia) I I BALANCE SHEET 6 interestinsubsidiar.es I I As at 31 st December, IM3 1993 1992 I Not* Bank Group RM RM I I "93 1992 1993 1992 Unquoted shares, at cost
      2,158 words
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      1283 23 1_ s 14. EXPENDITURE SUBSEQUENT EVENTS ft Bank Group H j993 ,992 1993 1992 Subsequent to the balance sheet date V R** (a) AM the shares held by its holding company Malayan United Industries Berhad were acquired by Hong leong Credit Berhad (HLC). a public listed company incorporated in Malaysia
      1,283 words
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      Page 25 Advertisements Column 1
      38 25 Saw an ad of a house that you may like to own? Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. QasaFliNE^ I cas* I An SPH AudloTi* S«rvlc«
      38 words
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      Page 25 Advertisements Column 2
      34 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through classification 203 in The Straits Times Classified. co.ta 1737-n—l
      34 words
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      Page 26 Advertisements Column 1
      35 26 i L Piaget Boutique and Senice Centre. I A *01-01 Mandarin Shopping Arcade, 4rill IV I wm The Mandarin Singapore, j J r 333 Orchard Road, Singapore 0923 JOAUJJER EN HORLOGERIE DEPUISIB74 r v OtNtVt
      35 words
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      Page 27 Advertisements Column 1
      141 27 I Over 30 years of experience has led Svenson to the Single Hair System JSbH Svenson Hair Center has helped thousands of people counteract hair and scalp o m mR problems with their unique formulations based on research gathered from leading V BP institutions the world over. With years of
      141 words
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      115 29 112 -y BLANCPAIN Si NCI TR[ II \S jb n J 1J W NEVER BEEN A QUARTZ DLANCPAIN WATCH. V I lirwl Singapore 1111. lIOUK 01 ASS Lucky Wa/a. Tfrl 7******/1 Sums Tel J j>6)27/719* [S9HDK Centrcpon* Tef 7J4IWH/WM Peninsula Pla/aTel J)7K JOWJMIVrfi J Wofkf 11 arte Centre 1H 27J1007
      115 words
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      38 30 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. CiassiFliiNE frffo ■ifmiiWTfwwtmTTgVifriull An SPH Audio!ex Servlc*
      38 words
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      Page 30 Advertisements Column 2
      185 30 NOTICES *HONG FOK CORPORATION LIMITED (Incorporated in the Republic of Singapore) REVISED NOTICE OF BOOKS CLOSURE NOTICE IS HEREBY GIVEN THAT the Transfer Books and Register of Members of the Company will be closed from Tuesday, July 12, 1994 to Thursday, July 14,1994 both dates inclusive, for the purpose of
      185 words
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      Page 30 Advertisements Column 3
      347 30 IN THE MATTER OF THE COMPANIES ACT. CAP. SO ANO IN THE MATTER OF PERWILL NETWORKED SOLUTIONS PTE LTD In Members' Voluntary Liquidation Al an E rtraordinary General Masting of the mentors of the abovenamed Company duly convened and held M 7500 A Beach Road *15-320. The Plaza. Singapore 0710
      347 words
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      Page 30 Advertisements Column 4
      283 30 IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OP PROFURN CONSTRUCTION RENOVATIONS PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) Al aa Extraordiaary Oeaeral Meeting of members of PROFVRN CONSTRUCTION A RENOVATIONS PTE LTD duty ooaveaed aad held at 190 Middle Road #16-03 Fortune Centre,
      283 words
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      Page 30 Advertisements Column 5
      398 30 SWEDE CONTROL CS.EJL) PTE LTD (M MEMBERS' VOLUNTARY UOUIDATION) NOTICE OF FINAL MEETMG 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 at 74C Duxtonßd, Singapore 0208 on 30 July 1994
      398 words
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  • Shipping Times
    • Article, Illustration
      Singapore's container cargo up almost 19pc in April
      247 31  -  By Rahita Elias SINGAPORE The port of Singapore handled the equivalent of 808,000 20-foot containers in April almost 19 per cent more than in the same month last year. Of these, 710,000 were loaded and the the rest were empty. The April
      247 words
    • Article, Illustration
      More power for electric cars
      448 32 A new flywheel battery may help make electric cars more practical TAKING a new approach of storing energy mechanically instead of chemically, United Technologies Corp has developed a device that engineers at the company and elsewhere believe can bring electric cars far closer to practicality.
      448 words
    • Article, Illustration
      Lock icon No asylum for these boat people
      47 31 Reuter PORT-AU-PRINCE, HAITI The US Coast Guard returned 170 boat people to Port-au-Prince on I uesdaj, after they have been processed in Jamaica and rejected for asylum. About 2,000 boat people have been picked up at sea since last Saturday. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Pirates terrorise ships entering S American port
      290 31 AP GEORGETOWN, Guyana The scourge of the 17th century Caribbean has returned to haunt Port Georgetown. Armed river and sea pirates are staging almost daily attacks on ships entering the harbour, and shipping companies are buying extra insurance to make up for losses.
      AP  -  290 words
    • Article
      Lock icon Prince William Sound has recovered from spill: Exxon
      307 31 Reuter ANCHORAGE, Alaska Scientists working for Exxon said on Tuesday in a federal court that except for a few tiny pools of oil. Prince William Sound and surrounding marine areas have largely recovered from the 1989 Exxon Valde: oil spill. Exxon scientist
      Reuter  -  307 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      830 31 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appcnship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7 3
      830 words
    • Article
      Lock icon Iraqi ships using Iranian flags, claims Iran
      192 31 AFP TEHERAN Iran said on Tuesday it has lodged a protest with the UN accusing Iraqi ships of using Iranian tlags along their border river in order to circumvent the UN economic embargo. The head of the Iranian UN mission in New York.
      AFP  -  192 words
    • Bulk carrier sank off Cape coast: S Africa
    • Article
      Lock icon Malaysia's Kontena to limit prime-mover fleet to 500
      573 31 MBT KUALA LUMPUR Kontena Nasional Sdn Bhd plans to halt the expansion of its fleet of prime-movers at 500 units and focus on increasing the efficiency of its transport workforce. With about 420 prime-mov-ers currently, Kontena's fleet is already among the largest
      MBT  -  573 words
    • Article
      Lock icon NZ govt delays hearing on shipping legislation
      257 31 AFP WELLINGTON The New Zealand government announced on Tuesday it would suspend until at least next week any further debate on its controversial bill to declare coastal shipping open to foreign operators. New Zealand is one of 44 nations with cabotage laws reserving
      AFP  -  257 words
    • Article
      THE SHIPPING GUIDE
      15046 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. LEGEND PN: ship calls at Penang after
      15,046 words
    • Article
      SHIPPING AGENTS
      3355 45 4- *B( Containerline NV: Bclsin Shpg Agencics Pie Ltd (SVMannc Handling Sdn Bhd (PK/PN). *a Accord Group: Accord Shpg Pte Lid JSJJAccord Conir Line (PK/PN). Adkris Business Corporation Philippine: Valsourcc Shpg A Trdg Pie Ltd (S) Ahrenkicl Liner Service: Kim Shpg A Jrdg (S). Albatros Sea-Air Service: Frata
      3,355 words
    • Article
      COURIER SERVICES
      279 45 Abacus Courier. Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel. 344-3377. Fax: 345-6450. Cluster Link Supplies <& Services
      279 words
    • Article
      AIR FORWARDERS
      1498 45 Abex Express Kreight Tel: 542-7171. Fax: *****84. Actinic Kor» artier Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo No»o Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50.
      1,498 words
    • Article
      PORT CONDITIONS
      2844 46 ARGENTINA Santa Ke: No vessels berthed, none in roads. Diamante: One vessel berthed loading soya, no vessels in roads, 1 vessel due. San Lorenzo: Seven vessels berthed of which 3 loading soya bean meal. I sunoil, I sorghum, I maize, I discharging crude oil, 8 vessels in roads,
      2,844 words
    • Article
      CRUISE & FERRY SCHEDULES
      996 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA E'ID Ports of Calls Port Agent Telephone No JUNE JO 30 Club Med 2 0800 1900 Cruise to Nowhere Harpers Shipping 221-1388 30 30 Renaissance 2 0900 2015 Cruise to Nowhere Lines IntI Holdings 224-2763 JULY 01 01 Club
      996 words
    • Article
      SHIP SALES & TANKER RATES
      663 46 SHIP SALES TANKER RATES THERE has been a change of direction in the market this week with the majority of sales being reported in the handy tanker sector. This does not signify that the interest for handy/handymax bulkers has receded, rather that there are fewer serious candidates available for consideration
      663 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        593 47 KwmI iv) N» Bwth Wnj Dtpartun Juroag Port Batam Mwm 06/05/94 II 3006/2300 CiMb Star >4 J12 ***side 3006/0100 Qm V» No 1 «/9 3006/2000 Dm Gam 06/09/94 19 atongsrte 3006/2300 Golden Tnang* 1 114/15 atonpO 30 06/1000 Ira Seal, B 06/02/94 13 alongsrte 30 06/0500 lata*
        593 words
      • Article
        CONTAINER SCHEDULES
        1577 47 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 »a hd- 1928 01/1100 18 29/1500 29/1659 29/1900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1/00 Z77Z ili *****00 ii 29/1500
        1,577 words
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        COCKETT BUNKER MARKET REPORT
        848 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        848 words
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        Daily Freights
        1616 47 THE Baltic Freight Index for spot dry cargo shipping rates was unchanged Tuesday at 1,325. Trading has been sluggish for all sizes on the freight market, brokers said. Grain activity for Panamax tonnage from the US Gulf has been almost non-existent although there are cargoes still to be
        1,616 words
    • Article, Illustration
      Lock icon Malta: at the crossroads of the Mediterranean
      1069 48 Malta is taking advantage of its location right in the centre of the Mediterranean to play an important shipping role Bloomberg Business News WHEN Malta's Minister for Economic Services George Bonel•lo du Puis is asked what Malta !has to offer he takes out
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      TRANSPORT DIARY
      722 48 COURSES Title: Customer Technical Service Management Duration: June 30 July 1 Organiser Alberton Management Centre Tfcl: For more information Contact 336-2611 or fax: $38-9864. •Title: Management of Container C)perations Duration: July 4-15(10 days) Organiser Port of Singapore Authority Tel: For more information contact SPI at $21-1707/321-2830 or fax:
      722 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        PAL-Airbus settlement deal on aircraft purchase hits snag
        464 50  -  By Alec Almazan SINGAPORE An expected settlement between Philippine Airlines (PAL) and Airbus Industrie over a derailed aircraft deal has hit a late snag. PAL and Airbus were thought to be close to agreement on the restructure of a deal involving six
        464 words
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        Lock icon Hongkong's HAECO to set up new engine overhaul operation
        180 50 Bloomberg Business News HONGKONG Hongkong Aircraft Engineering Co (HAECO), which is one of the world's largest aircraft maintenance companies, said on Tuesday it intends to set up a new engine overhaul facility in the territory. The first phase of the operation,
        Bloomberg Business News  -  180 words
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        Lock icon Where Hero Honda is king
        32 50 Reuter DARUHEDA, India Hero Honda motorcycles being assembled at a' f«£ory here, GOkmfrom New Delhi. Hero Honda Motors Ltd is India's largest manufacturer of lOOcc bikes. Renter
        Reuter  -  32 words
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        Lock icon SAS to buy either Fokker F100 or Douglas MD 95
        438 50 Bloomberg Business News COPENHAGEN Scandinavian Airlines System will choose between the Fokker FlOO and the Douglas MD 95 for its planned purchase of about 45 new short and medium range aircraft. SAS has for some time wanted to replace its
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      • LOG BOOK
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          Lock icon Air Inter to keep chairman
          97 50 Reuter PARIS Air Inter, the domestic wing of Air France, said on Tuesday its chairman Michel Bernard has had his mandate renewed for a further six years. Mr Bernard took over as head ot the airline at the end of 1993. after the resignation of
          Reuter  -  97 words
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          Lock icon Mesa's No. 2 leaves for Continental
          78 50 Bloomberg Business News FARMINGTON. New Mexico Mesa Airlines Inc said on Tuesday Jonathan Ornstein, executive vice-president, is leaving the regional carrier to head up Continental Express, a feeder airline owned by Continental Airlines Holding Inc. Mr Ornstein takes over at Continental Express on July
          Bloomberg Business News  -  78 words
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          Lock icon Buyer sought for KLM-Era Helicopters
          85 50 Reuter AMSTERDAM KLM Royal Dutch Airlines said on Tuesday it is seeking a buyer for its 51 per cent stake in KLM Era Helicopters and has begun talks with Rowan Co Inc of the US, which already owns the remaining 49 per cent of its
          Reuter  -  85 words
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          Lock icon Qatar Airways may buy 3 new aircraft
          91 50 Reuter MANAMA Newly formed Qatar Airways is discussing plans to buy or lease at least three new short-range aircraft to boost its fleet, a senior official said on Tuesday. "We might get more than three aircraft. We might purchase them," the official, who
          Reuter  -  91 words
        • Article
          Lock icon Vessel aground off Papua New Guinea
          71 50 Knight-Ridder LONDON The 10.683-deadweight-tonne container vessel Papuan ChieJ ran aground off East Island. Papua New Guinea, on the eastern most side of the Bonvouloir Islands on last Saturday, according to Lloyd's Intelligence. The first attempt to refloat the vessel was unsuccessful but a further
          Knight-Ridder  -  71 words
      • Article
        Lock icon India's private couriers seek post shake-up
        533 50 They want end to government letter-carrying monopoly AFP BOMBAY India's fledgling private courier services are lobbying the government for changes in a nearly century-old act giving the post office a monopoly on letter-carrying. The Express Industry Council of India (EICI), an association made up
        AFP  -  533 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1408 50 a* ET* n*> CTD_ Afca MaM Gf 146 1120 Gf 147 1850 GA985 1435 SQ441 1505 MataMa QF81 1925 QF82 2055 SQ228 1955 Amtariam KL843 0505 KLS38 2300 SQ25 0630 SQ26 2355 GA975 1255 KL837 1450 Mmn SQ347 1725 flrniil—rt SO286 2040 BA11 1505 SQ288 2045
        1,408 words
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        Lock icon GM puts ability ahead of seniority in job shuffles
        441 50 NYT DETROIT General Motors Corp has announced a raft of retirements and promotions aimed at cementing the turnaround of its core North American automotive operations and stimulating its sales internationally. While John F Smith Jr, GM's president and chief executive, stressed
        NYT  -  441 words
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      8 31 DIRECT CALL TO THURSDAY 8C SUNDAY HOTLINE *****37
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      26 31 Lines and service# represented by Members of the Registry of Accredited UhQBJ Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      53 31 the FAMOUS J* 3 <6 mzove W33MBEM 224 1833 For more information pleaxe refer to Pg. 15 More power for electric cars, Page 2 Malta: Mediterranean shipping hub, Page 18 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Singapore m Business Times
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      1847 32 import.... import.... I NORTH AMERICA I I OTHER DESTINATIONS I NQBTH AMERICA 1 H MW«m*WM» "1 «wa«wi» eMxwo nww cb—ct wcw wwt eown -3 WSSa VOY STOBE LA OA* VCR M Ml HOUSTON CHC Iff MEXICO QTT VESSa STOK WOW MP MONTEWKO «CI «W0 WtW PAUKA HRANAOM |S *ESSa/*OY MO.
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      2099 33 aypping times, inursaay June au ~vi ore iTO lARHIMF SHIPPING AGENCIES JARDINE BMIPWNG AGENCIES #OH. BHD. ;..*T "E LTD JARDINE SHIPPING AGENCIES PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTAITON TEL3MI2SS (INWARD,/*****90 (OUTWARD, JglAI W TE^M4 J^gg' I CFS TEL: *****6 rn?Tnik?p S R T «fvr TEL-'Stt?92/ 9 32 8 *****/*****93
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      Page 33 Advertisements Column 2
      1855 33 BQBsasasma MAERSK LINE'S VERY OWN SERVICE VENEZUELA/JAMAICA/N. COLOMBIA MARGRETHE MAERSK V.9406 ETA SIN 4TH JULY 94 V*M« Voy ETA £TO by TiilTm DESTINATIONS T.w mi MARQKTHC MAERSK V 9406 04/07 OMO hrs CfS 03/07 2388 MRS JOH LP* (PEN OAK |LQB SFO MEM ATL MIA CMS BAL PHL NYC TOR
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      1485 34 AQABA ROAM/ [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) STON HBURG A WERP HAVRE MALAYSIA HOECHST EXPRESS IS/325 2/7 11/7 18/7 20/7 23/7 25/7 27/7 Port Kelang. Penang DANUBE 14/126 6/7 30/7 26/7 24/7 Pasif Gudang STUTTGART EXPRESS 04/326 9/7 18/7 25/7 27/7 30/7 1/8 3/6
      1,485 words
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      Page 34 Advertisements Column 2
      648 34 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Ooqharun) C.1.5./RUSSIA: Vootochny, Vladivostok, Moscow, Baku, Tashkent, Irkutsk, Alma Ala, Aahgabad. Dushanbe, Kiov N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Hongkong V.2214 05/7 30/7 Ned Africa V.2224 12/7
      648 words
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      Page 34 Advertisements Column 3
      1175 34 I NOR ASIA NORASM PRINCESS 9425-3 01/07 21/07 22/07 23/07 24/07 25/07 24/0 7 27/07 28/0 7 2%/fJ I NORASM SUM 9426 3 06/07 28/07 29/07 30/07 01/08 02/08 03/08 04/08 05/08 05 OA I NORASM PEARL 9427 3 13/07 05/08 08/08 07/08 08/08 09/08 10/08 11/08 12/08 12/»8 I
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      1346 35 POf STRAITS SHIPPING PTE LTD Afßf jgg» 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS STRAITS ntnc VI2E Muira, KK 02 tO4 U 05 M 06 M FCL, LCL CONTAINER ANO BREAKBULK
      1,346 words
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      Page 35 Advertisements Column 2
      3071 35 SINGAPORE AGENT: 0 P&O Containers (Singapore Agencies) Pte Ltd A iVI W 1 illlll 1 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 1 V Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL voy •ma -mo mm sou ant rot
      3,071 words
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      Page 35 Advertisements Column 3
      45 35 0 ORIENTAL LINES I INDIAN OCEAN SERVICE CONTAINER/BREAKBULK ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MAHE MOMBABA MV FIRST CARRIER VOl/94 07/7 11/7 13/7 18/7 21/7 MV ARGOMAR VOl/94 18/7 25/7 27/7 1/8 4/8 Agents: Inchcape Shipping Services I|f Bookings: *****54/*****98 Fax No: *****88
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      615 36 EKA JAYA AGENCIES VyT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE r~rto cm mwH city paper Ihahpphonk/pmect I HENRY HOC mam—mwniiw KELVIN CM AX UHBS MANOJ »HM« *****22 TO VIETNAM/HCMC COffTAINER-fIEDfR SERVICE CENTER-POINT K m LINES >. w» tT« stow »ot no wcmc wa una ziii ft.
      615 words
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      Page 36 Advertisements Column 2
      1580 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSI SM LM HAUL SM TVt POX FOII *SL SW LM MNI S*» tM WTC zs'sK.mom ■u« w w uK!2£y;,r susr.!* ii!i si s;;: minim RfiFMFN 01?F IS/7 DOt£CT 4/1 5/9 $/9 HWWN MEN 012E
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      Page 36 Advertisements Column 3
      1412 36 I d IrT^T33^"lßfc Ik IX w ut w m OB w no UI 06 IK i( in um km nr *c no am m sgp BRILL K 053 27/1 1/7 7/7 9/7 U/7 U/7 15/7 li/7 17/7 l(/7 IV7 31/7 12/1 14/1 15/1 25/1 2t/l 27/1 2t/l »/t 1/9 11/
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      Page 37 Advertisements Column 1
      2081 37 WWMV WW -WW. H II 'OOCL HONOUR 32W ETA sgp 02/07/94 II H BCt II ETA RDM 18/07/94 FLX 19/07/94, II H 11 BRE 21/07/94 II IXMMT TO: NW/MW WMNM CAUFORIHA tXPHOS (SCX) TO: USWC US OUtf MIDWHT UStC CANADA Tnn: 14* LOS OAK VAN HI CC6 CL£ (LB Oil
      2,081 words
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      Page 37 Advertisements Column 2
      1185 37 A I MULTILINE SHIPPING PTE LTD pV (a member of SINSOV Group) wW CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      1,185 words
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      Page 38 Advertisements Column 1
      1386 38 44 AS AGENTS: "K" LINE (SINGAPORE) PTI LTD (CR NO: **********0M/6ST REG NO: M 2 ***** M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 lj A MALAYSIA: T* LME MARITIME (MALAYSIA) SON IHO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA LAUTINTWNUSA, TEL:
      1,386 words
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      Page 38 Advertisements Column 2
      1152 38 ®APPENSHIP /S|i HAMBURG V7V7 CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE 10AOMG FOR ME RIM ANTW 27/06 SPORE 30/07 SEAKITTE HAM 29/06 SPORE 02/06 > ELENA V ANTW 03/07 SPORE 06/06 KOALA CONTAINER LINE "3 STORE FLX HAM RTM LEH
      1,152 words
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      933 39 Ssssflgl PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. &SSSSS cn NO *****6 *****E I VESSEL VOY 8M CMS JIB *0 AOJ ADE MOO PZU ASA I KOTA MO AH IOHOO# 1/7 7/7 14/7 17/7 19/7 24/7 19/7 23/7 I KOTA BE RAMI BfINOOS 11/7
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      Page 39 Advertisements Column 2
      980 39 vtssas vor sm it havwe hambuhg Thames roihrpw ANTWRf WUE M TUCANA UO4M 01/07 27/07 20/07 30/07 31/07 o£/£*__ ML Li K IBM 104N 03/07 25/07 27/07 20/07 31/07 02/00 WUE K CAROW CO4W 12/07 03/00 05/00 0* 0' 07/00 09/00 W.LE DC SAGIIIA SO4N 10/00 12/00 13/00 14/00 »/<>»
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      Page 39 Advertisements Column 3
      554 39 BSAI M MYANMA UR FIVE STAR LINE (Myanmar National Line) Loading for (Ranfoon) S pore P Kit Ptn P.Gd| HPA AN V2O3W 30/2 U AVA 121* Sid In ft 30/2 U Sid MERGU VI24W 6/7 tul SAGAING V3s* 10/12 lul 13/15 M 16/20 M PAGAN V2IIN 13/16 lul MALAYSIA AGENTS
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      1997 42 S EAST COAST vjiniLVflß AMIIH NEW mmT i Singapore's General Agents: toiK-* Dm(' COSTA* SHIfflHCm LTD %,fZZ£ 3 g t %S£2%lt4VU4 tSSLSOp^-C.^*****15 y i Telex: ***** COSHIP Conventional-*****50 D/ 0: *****85 Conventional: *****46 c -l.J?* oZZ 2 CR No: **********0 M F *****08 Breakbulk Src Does: *****50 Equipment: *****30 Singapore
      1,997 words
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      Page 42 Advertisements Column 2
      746 42 /in CROATIA LINE A f (EX JUGOUNIJA) I vtssa store n m loadig fow RAB 1 JUL "5 JUL Alexandria. Beirut. Istanbul. Trieste. Koper lattakia Limassol Mersin. P Said. Riteka. Venice GRO6NW 8 JUL do General Agent*: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port Keianf Penanf v- V
      746 words
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      Page 42 Advertisements Column 3
      176 42 feNOBBULKV NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES I WORLD AGAMEMNON SAILED M PORT RDM/ANT/UK I I SEA SONNET 5/7 9/7 FLU/ROAM/ANT/UK I LOADMG FOR I NORBULK TBN 21/7 24/7 DBN/CPT/El I ALSO LOADS TAWAU, KK. TG. MANI PK SWK/SABAH LOADING FOR NORBULK PINE
      176 words
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      Page 43 Advertisements Column 1
      764 43 FAMOUS CONTAINER LINES C 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) v v TTT3TW J J H»J J.uiMM^^—i^^TTHiT']J^MHlJ»1 < IL v-*" GOTHENBURG/SCAN 03/7 ROTTERDAM 04/7 MRHUS/COPENHAGEN 03/7 HAMBURG/BREMEN 03/7 V MARSEILLE/FRANCE 05/7 FELIXSTOWE/UK 04/7 BARCELONA/SPAIN 04/7 LEHAVRE/FRAWCE 02/7 GENOA/ITALY 04/7 ANTWERP/BELGIUM 04/7 ■IMiFlWil J
      764 words
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      Page 43 Advertisements Column 2
      943 43 WmMMßttmSwmßEm I T7I 1 B mi 1 YEaSEL 5* J*l 1 VESSEL VOY SIN pen K$ ISRA BHUM S7S Fri 1/7 5/7 |j DEJA BHUM 4605 Fri 1/7 Ssl 2/7 HI VtMtL VOY SIN BKK 1 BHATRA BHUM 388 Sat 2/7 Ty 5/7_ a KQTA SURIA SUWOOt Sun 3/7 Ty
      943 words
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      Page 43 Advertisements Column 3
      271 43 I^^rTnCHnE^MSsl!!^fGtsclE^S>PT^^D K TEL: *****33 (12 Lines) \SL FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lineo) =J CR NO.: **********0E I® ETHIOPIAN SHPPWfi LINES (Notional Llms of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Abboy Won* 40WB 12/00 Oarossalaam. Mombasa. Djibouti Aaoob. Maasawa MunK 35W8 15/09 Daroasaloom.
      271 words
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      Page 43 Advertisements Column 4
      527 43 Quarant—d Sailing* to: BANGXOK/LAEM CHABAH6/LAOS 29/8 (WED), 2/7 (SAT) PORT KELANG/PEMANG 27/t (MOW), 1/7 (FW) HOW 6 KONG 21/6 (HI), 1/7 (FM) IAKAHTA 2S/6 (TUE). 2/7 (SAT) MAMLA/CEBU 2«/€ (TUE) HO CHI MWH 1/7 (FIB) SWABAYA 3/7 (SUK) BUSAH 3/7 &tl) pl PONGNAMA LINE I SIRVICf ITIIAITi/IIW/|<4ji(W 1 KS9L MP
      527 words
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      Page 44 Advertisements Column 1
      1611 44 PL4IMN CONTAINER LINES, INC |-N /\--lAg«nU: MAC-NELB SPORE: *****22 (24 LINES) V-J V/ V. Jem Hot **********0 c SIBU (064) *****9 KUCHING (082) *****3 PENANO: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANO; (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK
      1,611 words
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      Page 44 Advertisements Column 2
      177 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD U« ll* HA yOH mil KUING PtNANG Btm IMC 4/7 30/6 loading tor Male KUVM HUDHU IV/ Loading toe Dubai CXXPHH loading foi Male HOMER SUHttMI In Pod loading Fof Male UMCIDH In Pocl loading fot Male PROGMSS IHRIT 20/7 loading tor
      177 words
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      Page 44 Advertisements Column 3
      1170 44 f P THONG SOON LINES PTE LTD j 78 SHENTON WAY #10-01, SINGAPORE 0207 V J X. J TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 4 rwmmmcomm»r J SINGAPORE TO SARAWAK VESSEL |VOY SPORE [PEST VESSEL VOY S PORE PEST EQUATOR 111
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      489 48 VESSEL VOYAGE SWGAPORE MANIA PERVOMAYSK *****N 01/07 (FRI) 06/07 (WEDj VIGOUR PACIFIC *****N 05/07 (TUE) 09/07 (SAT) TWO!SAIHJGS JREEKLY LANKA MAHAPOIA *****N 08/07 (FRI) 13/07 (WED) FR Y TI SOAT PERVOMAYSK *****N 12/07 (TUE) I 16/07 (SAT) I MM j l^ VESSEL VOYAGE SINGAPORE GENERAL SANTOS DAVAO CEBU NjKOLAY MOROZOV
      489 words
  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      677 48 TODAY'S TIDES (hcgfrt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1)00 2000 2100 2200 23N. ft 1.5 2.0 2.5 2.7 2.6 2.3 1.9 1.4 1.0 O.S 0.7 0.7 1.0 1.4 It 22 2.3 2.3 2.1
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      Page 49 Advertisements Column 1
      794 49 ▲HYUNDAI I MERCHANT MABINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 m* pke* pgd* rasas wr I sm rtm ant* leh* ham I mt teH »/06 01/07 02/07 SI FREEDOM 311* 04/07 23/07 25/07 26/07 25/07 25/07 27/07 00/07 00/07 09/07 H. COMMANDER 310* 11/07 30/07 01/00 02/01 01/00 01/00
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      Page 49 Advertisements Column 2
      480 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS lIIMIIND VESSELS WISStL VOT V PK KUC M MUA II ASIAN QUEEN 4 MPT 2/7 SEW KOCH W SU> J-4/7 2/7 TANJUNG EMAS M J/7 «/7 (PW 7/7) 12/7 SOI NAGOVA >2 »/7 11/7 (CTTA 14/7) AEBHUN »/7 11/7 11/7 IV7
      480 words
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      Page 49 Advertisements Column 3
      1071 49 II VESSEL I VOY ISI ETA/D I LAX I OAK CH PAL MEM/COL HOU NYC NOR I ALLKAIOR PWOE S2A 07/07 24/07 26/07 27/07 2t/07 21/07 21/07 »/07 30/07 I HEWtY HUDSON BROGE 76A 14/07 31/07 02/ M 03/01 04/0» 04/01 05/01 05/01 06/H I ALLIGATOR VICTORY 54A 21/07 07/01
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