The Business Times, 12 August 1994

Microfilm: NL19569
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MITA(P) 010/12/93 Friday August 12 1994 WE KNOW ASIA 75«
    12 words
  • Article
    Lock icon Dow down 25.57 points
    60 1 Reuter NEW YORK Wall Street stocks were lower at midday yesterday, pulled down by weakness in the bond market. In the broad market, declines led advancing issues about 12-7 on volume of 169 million shares on the NYSE at Ipm EDT. The Dow Jones industrial average
    Reuter  -  60 words
  • Article
    Lock icon Air Canada expands with All Nippon
    34 1 Bloomberg Business News MONTREAL Air Canada and All Nippon Airways Co yesterday said they had agreed to expand their commercial links to include marketing, sales and operational services.
    Bloomberg Business News  -  34 words
  • Article
    Untitled
    153 1 Thursday Chaafe STII 2,300.03 23.53 KLSEComp 1,111.48 +18.68 Nikkei™ 20,821.36 +51.11 Hang Seng 9,524.54 -93.54 SETIiidex 1,425.49 +18.17 Jakarta Comp 473.53 +1.84 CLSA China B 1,153.03 +13.95 Anst All Ord 2,062.8 -13.7 FTSE 100 3,138.2 -28.8 Thanday Previous 2pai dose Dow Jones ..3,741.19 3,766.76 Avorsco of print or oqafcraoat toadtag
    153 words
  • Article
    Bk Negara allows sale of short-term ringgit paper; KL market soars
    589 1  -  By Amy Balan SINGAPORE Malaysia's stock market, already poised for a possible new rally, received fresh impetus yesterday when the central bank announced that it will lift a seven-month ban on sale of short-term ringgit instruments to foreigners. From
    589 words
  • Article, Illustration
    Lock icon S'pore stocks surge above 2,300
    307 1 SINGAPORE Bulls ran free in Singapore and Malaysia yesterday, pushing the Straits Times Industrials Index above 2,300 points for the first time since June 20. Boosted by Singapore's strong GDP figures and news that Malaysia's Bank Negara was lifting a ban on foreign investment in
    Source: Bridge Info  -  307 words
  • Article
    Two S'pore firms take 46pc stake in Shenzhen aircraft repair venture
    324 1  -  By Ramesh Divyanathan SINGAPORE Two Singapore companies have taken a 46 per cent stake in a joint venture to set up an aircraft repair centre at Shenzhen Airport. Singapore Aerospace (SAe) has 10 per cent on its own and
    324 words
  • Article
    Lock icon 35 Japanese firms in Malaysia plan to seek listing: survey
    305 1 Reuter KUALA LUMPUR Thirtyfive Japanese companies operating in Malaysia want to make public offers. A survey by the Japanese Chamber of Trade and Industry in Malaysia (Jactim) of 1 SO companies, conducted in March and April this year, found that
    Reuter  -  305 words
  • Article
    Lock icon US$ dips as producer prices, inflation fears rise
    218 1 Reuter NEW YORK The dollar opened lower yesterday as the US July producer price index was reported up 0.5 per cent, boosting inflationary fears and prospects of a Federal Reserve tightening as early as next week. The core PPI, excluding food and
    Reuter  -  218 words
  • Article, Illustration
    Lock icon Giordano's outspoken chairman quits
    472 1  -  From Lim Soon Neo in HONGKONG THE outspoken chief of Giordano Holdings, Jimmy Lai Chee Ying, yesterday lost control of the casual clothing chain he founded. His resignation as chairman and director of the company came two days after Monday's forced closure of a Giordano store
    Reuter  -  472 words
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      113 1 @~%%??<!)"=)'[=`:[[|;'*+-<._(?] S'pore Nns 2 S'port-tfaa .17,18.19 *pmtf Nms 3.4,5 fmanual 21,22 Ktortd News 6.8 EST! 15 06/KISE, SES 26-28" Want 14 faro* 24 Sparti J World -25 TV/Uhat* 13 Cwrancw 22 ArtwhiHi 12.13 Smn/Comno ...2223 MM*Mm Id 1800-*****77 Fa *****75 VT NflntfMk M *****18 Fa *****71 11 Auspicious August Delights
      113 words
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      6 1 Advertising: Pg 11 The MTV heartbeat
      6 words
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      56 1 Hock Lock Siew: pg y Winfoong saga airing Full reports, Pgs 24-28 AIL 1 Getting more aboard: An inadequate education system is threatening to derail the steady train of Thailand's economic growth. Analysis, Pg 15 CORPORATE RESULTS CDL Hotels, OUS, Pg 17 Swire Pacific up 14pc, Pg 19 July surge
      56 words
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      12 1 Line: Pg 16 Indonesia takes higher profile M|y, vj^H|^^H|l|i^,. »l *r V*
      12 words
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      Page 1 Advertisements Column 5
      19 1 qjSrYCH GROUP TRANSPORTATION b WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 UNESp~^ FAX: 861-6366
      19 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Still no appetite
        322 2  -  By Corinne Kerk BUSINESS at eating places dropped year-on-year in May for the first time in 12 months. It was 0.2 per cent lower than in May last year. The contraction followed year-on-year growth of 4 per cent in April even though the Goods and Services Tax
        Source: Dept of Statistics  -  322 words
    • Article, Illustration
      Govt to release 189 ha of land for housing in Upper Bt Timah/Hillview
      652 2  -  Abdul Hadhi THE government plans to release 189.3 hectares of 99-year leasehold state land in the Upper Bukit Timah/Hillview area in the next few years, making room for another 11,726 landed properties, condominium units and apartments. Releasing
      652 words
    • Article, Illustration
      First S'pore law mission to Myanmar
      205 2 TWENTY-FOUR law firms will go on Singapore's first law mission to Myanmar from next Monday to Friday. The mission, organised by the Law Society of Singapore and the Trade Development Board, will be led by Law Society president Peter Low and lawyer Arfat Selvam.
      205 words
    • Article
      Overweight children less likely to do well at school, studies show
      291 2  -  Excess weight can make a child lethargic and lose self-confidence Jennifer Lien CHILDREN who are overweight are less likely to do well than those who are not, Health Minister George Yeo said yesterday. Recent studies carried out by the
      291 words
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      Page 2 Advertisements Column 1
      173 2 The most delicious Ideas are served in every Monday in X3QC The New Paper Fastads n SAISON GROUP I PARCO CO., LTD. I (Incorporated with limited liability under the laws of Upon) I ¥10,000,000,000 I 5 /s per cent* Convertible Bonds due 1999 I ISSUE PRICE 100 PER CENT. I
      173 words
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      104 2 SSIK THE RAFFLES "Some women comploin that the men have put all these glass ceilings there. But I think the women themselves in thet own intrinsic way have decided to set limitations on themselves." I f Li U "Wwj BoKf ,y I jr Lja -aP f jflBA W i~?X*:ls£& -I*#-!
      104 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Japanese firms may soon prefer China to M'sia: survey
      399 3 Reuter KUALA LUMPUR Japanese companies in Malaysia may soon prefer to invest in China or elsewhere in the region unless Malaysia eases restrictions on foreign ownership and improves the education of its workers. Officials at the Japan Chamber of Trade and
      Reuter  -  399 words
    • Article, Illustration
      Phnom Penh denies awarding hotel contract yet
      343 3  -  By Harish Mehta SINGAPORE Cambodia's tourism ministry has denied a claim by a Thai-Hongkong group that it has won a multi-million-dollar deal to restore and build an extension to a historic Phnom Penh hotel, beating DBS Land and other hotel groups to it.
      343 words
    • Article
      Lock icon KL plywood body pessimistic over price cooperation
      359 3 MBT KUALA LUMPUR The Malaysian Panel Products Manufacturers' Association (MPMA) said it is slowly losing hope that its Indonesian counterparts will cooperate to check the plywood price slump. President Chai Fook Loong yesterday said the Indonesian Plywood Association (Apkindo), after breaching the Asean
      MBT  -  359 words
    • Article
      Lock icon Illegal foreign offices face stiff fines in Vietnam
      134 3 Reuter HANOI Foreign firms with representative offices in Vietnam face fines of up to US$5O,OOO (5575,000) for operating without a licence or illegally doing business, an official newspaper reported yesterday. A new government statute this week also threatened fines of US$2O,OOO for
      Reuter  -  134 words
    • Article
      Lock icon S African unionists slam KL labour laws
      111 3 Reuter CAPE TOWN A Malaysian trade mission, billed as the biggcfct to visit South Africa, has run into criticism from local tca4e unionists over the South-east Asian country's labour practices. Members of the South African Clothing and Textile Wotkete' Union (SACTWU) demonstrated on
      Reuter  -  111 words
    • Article
      Lock icon Give up high life, Thai PM urges cops
      96 3 Reuter BANGKOK Thai Prime Minister Chuan Leekpai, in a thinlyveiled attack on rampant police corruption, has urged ThailAnas top officers to give up expensive habits and live within iheir means. Mr Chuan told a gathering of many of Thailand'* top officers that
      Reuter  -  96 words
    • Article
      Lock icon Indonesia to host Opec meet
      93 3 Reuter JAKARTA Indonesia will host the 97th conference of tbe Organisation of Petroleum Exporting Countries (Opec) in •November, probably on the resort island of Bali, an Eneigy Mimsm spokesman said yesterday. "The meeting will be held in Indonesia and we are trying to have it
      Reuter  -  93 words
    • Article
      Lock icon Walk-out by 1,200 Indon workers
      69 3 AFT JAKARTA At least 1,200 workers of shoemaker PT Surya Achieles in Bekasi have gone on on strike to demand better working conditions, a press report said yesterday. One wOrkir said the company had met the government-set minimum daily wage of 3,800 rupiah (552.64) but
      AFT  -  69 words
    • Article
      Lock icon Philippine central bank eases forex rules
      134 3 Reuter MANILA The Philippine Central Bank said yesterday it has abolished curbs on foreign exchange loans for private firms and opened other means of payment to importers as part of its continuing liberalisation of forex rules. All importers would now be able to use
      Reuter  -  134 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      84 3 QK ft M ;sss Ovll 'V. -J®r'SS£ HMMHI|n| jgg£gs?r iiiSi The Volvo 850 has been acdairned performance. I' .v h* >H ability. Its ultra responsive 20 valve HHHa I 111 J| 5-cylinder engine, precision frontI ii I and patented Delta hailed as breakthroughs by s® pp~ themotoring press. I Easy
      84 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China to spend 30b yuan on airports
      91 4 Knight-Ridder HONGKONG China will spend 30 billion yuan (555.2 billion) by 2000 on airport expansion and construction in eastern China, the Beijing-backed Ta Rung Poo reported yesterday. The newspaper, quoting Liu Guanchang, deputy director of the EastQuna "Administration, under the Civil Aviation Administration
      Knight-Ridder  -  91 words
    • Article
      Lock icon Taiwan chief slammed over meeting
      83 4 AFP TAIPEI A right-wing group warned yesterday that a recent 'meeting between Taiwanese president Lee Teng-hui and a proindependence group might trigger Chinese Being the national leader, it is absolutely improper for the president to publicly encourage pro-independence figures to publicise theu independence absurdity," Hsu
      AFP  -  83 words
    • Article
      Lock icon Taiwan judicial mission to China
      78 4 AFP .TAIPEI A top-level Taiwanese judicial mission left here yesterday for the first-ever visit to China by senior government officials from the island since the communist victory in the mainland in 1949. Yang Chien-hua of the Council of Grand Justices the final interpreter of the
      AFP  -  78 words
    • Article
      Lock icon Paging service soon on HK rail
      92 4 Reuter HONGKONG Hongkong's Mass Transit Railway Corp (MTR) said that it will soon conclude seven years of discussions and sign an agreement with the Hongkong Radio Paging Association oo providing paging services on the MTR. "Some conditions are agreed in principle but discussions are
      Reuter  -  92 words
    • Article
      Lock icon HK bans China dissident from polls
      82 4 UPI HONGKONG The Hongkong government yesterday refused to allow a pro-democracy dissident jailed in China for 10 years to as a candidate for local election but denied it was trying to please Beijing in the case. The dissident, Lau San-Ching, failed to meet Hongkong
      UPI  -  82 words
    • Article
      Lock icon Beijing think-tank wants post-'97 HK panel on Jan 1 '96
      254 4 AFP HONGKONG A Beijingappointed think-tank has suggested Jan 1, 1996, as the date for setting up a powerful body to prepare for the first administrative government of Hongkong after it reverts to Chinese rule. The panel, called the preparatory committee,
      AFP  -  254 words
    • Article
      Lock icon China industrial slowdown hits manufacturers
      554 4 Reuter BEUING China yesterday said its industrial slowdown was hitting manufacturers of consumer goods and industrial raw materials, causing inventories to soar and further tightening a credit squeeze. Major newspapers have published a report on the performance of the economy in July by the State
      Reuter  -  554 words
    • Article, Illustration
      Lock icon Taiwanese demand conscription compensation
      34 4 Reuter nilli thr iTnrrt "lhimr" Irr*-y S —'-pdßWßSiidfe r ,Ma5 AK 500 Talwi ii who were forced to join the Japanese army during World War II are demanding compensation. Reuter
      Reuter  -  34 words
    • Article
      Lock icon China government subsidies dipped last yean report
      156 4 Reuter SHANGHAI Chinese government subsidies for consumer goods and inefficient state enterprises were drastically reduced in 1993. The Shanghai Securities News yesterday reported that nominal subsidy costs last year totalled 72.2 billion yuan (5512.2 billion), down 4.5 billion yuan from 1992. The share
      Reuter  -  156 words
    • Article
      Lock icon Guangdong military launches clean-up operation
      155 4 AFP HONGKONG Military authorities in southern China's Guangdong province have started a clean-up operation in a bid to halt aH unauthorised use of military facilities for private business. The Hongkong branch of China News Service yesterday said the Guangzhou Military Region had ordered a total
      AFP  -  155 words
    • Article
      Pudong zone moves to curb rising price of land
      470 4  -  By Schutz Lee SINGAPORE The authorities of Pudong New Area, an industrial zone in the Chinese city of Shanghai, have taken steps to address the issue of rising land prices. Kang Kuijun, director of the Economic and Trade Bureau of Shanghai
      470 words
    • Article
      Lock icon China slams US report alleging exchange rate manipulation
      482 4 AFP BEIJING China yesterday slammed the US Treasury Department for making "illinformed" allegations that Beijing was manipulating its exchange rate to gain an unfair export advantage. "The accusation by the US Treasury Department does not converge with reality," Xinhua news agency quoted
      AFP  -  482 words
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      65 4 I] OFFICE PROPERTY II INVESTMENT I SYDNEY AIRPORT I i .Si 3&LS'' > I AUSTRALIA I I -■T V Gilt-edged tenant Qantas Airways I >m *.!rt 2791m 1 building 5053m 2 site I A 5622,000 per annum net income (11%) I IS.;• 'JiJ.irr 1■ i- -JLT* s*. Contact I Graeme
      65 words
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      Page 4 Advertisements Column 2
      124 4 Save up to 10% on your next corporate, incentive group The New Meeting venue I»— mmm§ 9mmm f——Ho—l stab enviM. the only cruise ship I nMMy «Mfe riiii in the region with world-class facilities and services for company outings and I There is a new meeting venue In town meetings
      124 words
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      Page 4 Advertisements Column 3
      131 4 r CORRIGENDUM "1 I I I JURONG SHIPYARD LIMITED I I CLOSURE OF BOOKS I I Notice is hereby given that the Transfer Book I I and Register of Members of the Company will be I I closed from 20 August 1994 to 23 August 1994, I I both dates
      131 words
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  • REST OF ASIA
    • Article
      Lock icon Korea Telecom spreads tentacles abroad as competition bites at home
      458 5 Bloomberg Business News SEOUL Korea Telecom, South Korea's state-run monopoly of domestic phone services, is making a long-distance effort to repeat its remarkable business growth at home in the past decade. As its domestic business growth slows amid a saturated
      Bloomberg Business News  -  458 words
    • Article, Illustration
      Lock icon Cool relief
      40 5 Reuter TOKYO A young girl resting her hands 99 a block of ke that Tokyo Station officials placed on the platform yesterday to help commuters keep cool. Japan's summer temperatures have not come down from the high-30s. Renter
      Reuter  -  40 words
    • Article
      Lock icon Japan's new election map still favours rural voters
      319 5 AP TOKYO Japan's election system will continue to deprive urban consumers of an equal share of the vote under a new districting map unveiled by the government yesterday. The new map, the fruit of years of debate over political reform, represents the
      AP  -  319 words
    • Article
      Lock icon Japan condom market shielded from foreign competition
      357 5 AP TOKYO In Japan, condoms equal protection not just from sexually transmitted diseases and pregnancy, but from foreign competition. The country is the world's second-largest condom market, but almost no foreign prophylactics are available here. Manufacturers say the Japanese government holds imported condoms
      AP  -  357 words
    • Article
      Lock icon Smaller Japanese trade surplus likely
      88 5 Knight-Ridder TOKYO Japan's unadjusted trade surplus for July is likely to shrink from a year earlier to a total of US$ll.5 billion (S$ 17.3 billion), said a survey of 10 economists in Tokyo conducted by Knight-Ridder Financial News. The unadjusted trade surplus for July 1993
      Knight-Ridder  -  88 words
    • Article
      Lock icon Kantor optimistic about trade talks
      77 5 Knight-Ridder WASHINGTON US Trade Representative Mickey Kantor said yesterday he was sure progress was possible in trade framework talks when he next meets Japan's International Trade and Industry Minister Ryutaro Hashimoto, Kyodo news service reported. Mr Kantor is scheduled to meet Mr Hashimoto in Los
      Knight-Ridder  -  77 words
    • Article
      Lock icon Martial law threat
      92 5 AP COLOMBO A top Sri Lankan opposition leader yesterday expressed the fear that the governing party would not transfer power if it loses the Aug 16 general elections. "There is a serious threat that martial law will be declared and leading opposition leaders will be placed under
      AP  -  92 words
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      110 5 9 MOVIES 24-HOURS-A-DAY. (THE SHOW STARTS WHENEVER YOU'RE READY.) r |M ,M| nHi vHHB ji' 4i^i AT SILKAIR, WE GO OUT OF OUR WAY FOR YOU. Fly Business Class on Silk Air and you'll enjoy a choice of 9 video programmes.* Your personal portable video player lets you play or
      110 words
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  • THE WORLD
    • Article
      Lock icon Russians eyeing dollar funds to get rich quick
      608 6 Reuter MOSCOW Russians, reeling from the shock of their biggest financial scandal since the collapse of the Soviet Union, have not quite dismissed the idea of get-rich-quick. If pyramid schemes, where a firm uses income from share purchases to fund buybacks at
      Reuter  -  608 words
    • Article
      Lock icon France revises first quarter growth upwards to 0.7pc
      334 6 Reuter PARIS The French economy, far from just crawling out of recession in the first quarter of this year, grew by a powerful 0.7 per cent, data yesterday from the national statistics office showed. Insee's revised figure compares with its original estimate
      Reuter  -  334 words
    • Article
      Lock icon Canada's trade with Asia growing faster than its Europe trade
      316 6 Bernama KUALA LUMPUR Canada's trade with Asia is growing by more than 40 per cent against that of Europe since 1983. Canada's secretary of state for the Asia-Pacific, Raymond Chan, said after the MalaysiaCanada Business Council luncheon yesterday that Canada
      Bernama  -  316 words
    • Article, Illustration
      Lock icon Ex-UK broker wins harassment case
      58 6 Reuter LONDON Former city broker Samantha Phillips leaving an lnduftaaJjJTjribunal on Wednesday alter winning her case for unfair dismissal and sexual harassment against her former boss Giles Wilkinson. Ms Phillips was fired from her city job after rejecting advances during a business trip to Copenhagen.
      Reuter  -  58 words
    • Article
      Lock icon US, Japan to resume insurance talks
      96 6 Bloomberg Business News TOKYO The United States and Japan are set to resume trade talks over foreign firms' access to the Japanese insurance market this month, Japan's Jiji Press reported yesterday. Citing unnamed Ministry of Finance officials, Jiji said the two sides hope to
      Bloomberg Business News  -  96 words
    • Article
      Lock icon West German consumer prices up
      90 6 AFP WIESBADEN, Germany Consumer prices in western Germany rose by 0.1 per cent in July compared with June, confirming a slowdown in German inflation which could have a knock-on effect on interest rates. Provisional figures released yesterday by the Federal Statistics Office said the year-on-year
      AFP  -  90 words
    • Article
      Lock icon Gulf Arab states opening bourses
      88 6 AFP ABU DHABI Gulf Arab states are gradually opening their stock markets to foreigners to attract capital after low oil prices created a large deficit in their balance of payments and turned some of them into debtors, officials and dealers said on Wednesday. The moves
      AFP  -  88 words
    • Article
      Lock icon Top Islamic institution objects to UN population document
      297 6 Reuter CAIRO The world's most prestigious institution of Islamic learning has spoken out against a United Nations document on population and development, accusing it of condoning extra-marital sex and easy abortion. The Azhar, the mosque university set up in Cairo in the
      Reuter  -  297 words
    • Article
      Lock icon Congress appeals for Clinton to threaten Tokyo with sanctions
      391 8 Lawmakers seek greater openings in car market AP WASHINGTON Law-mak- ers asked Presided! Bill Clin- ton on Wednesday tk step up pressure on Japan: to oftsta its market to US cai» and car I parts. They offered six yardsticks to measure
      AP  -  391 words
    • Article, Illustration
      Lock icon Forest fires displace 20,000 in Spain
      61 8 Reuter ALCUBLAS, Spain A helicopter loading water from a tank oa Wednesday to fight forest fires sweeping towards residential areas of the Mediterranean coast near Valencia. Twenty thousand people were evacuated from the vicinity. Since the end of last week, 2,000 hectares of forests
      Reuter  -  61 words
    • Article
      Lock icon Probe may sap Espy influence, slow reforms
      164 8 Reuter WASHINGTON Agriculture Secretary Mike Edpy's plans to streamline his department and strengthen meat inspection amy founder or he rewritten as a result of the legal fight facing him, analysts saii on Wednesday. Mr Espy said he was confident of exoneration by an
      Reuter  -  164 words
    • Article
      Lock icon Rules for US paging licence auctions may be changed
      368 8 The Washington Post WASHINGTON The Federal Communications Commission (FCC) is considering a change in its rules on giving preferences to women and minorities to enter the wirekss paging and personal communications services market. Just weeks after the FCC held wildly successful
      The Washington Post  -  368 words
    • Article
      Lock icon Clinton sets deadline to seek UN lifting of Bosnian arms embargo
      523 8 AP WASHINGTON Under congressional pressure, President Bill Clinton for the first time on Wednesday set a deadline for asking the United Nations to exempt the Muslim-led Bosnian government from a regional arms embargo, administration officials said. In a letter
      AP  -  523 words
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      Page 6 Advertisements Column 1
      370 6 fi O BUSINESS TIMES LIFESTTLE EXCLUSIVE THE ADVENTURE 1 V 1v It 'I'lOttXtJ Oil"" -JiMIOJ BEGINS... With the Saab Arctic Circle experience. TOP PRIZE 7 days Swedish winter holiday for two by Saab. road-book to Lake Antnastraskct for winter drive training to the Saab Automobile head office r A Saab
      370 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      289 7 LEAVE YOUR MARQUE WHEREVER YOU GO. i "i The new BMW 520 i Executive. /IOUr The BMW 5201 is, in natmcertain terms, to the exacting fraction. a visible manifestation of who you are and These factors and more make the BMW where you are going. 520 i what it is
      289 words
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  • Page 8 Advertisements
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      133 8 You havegot a whiff of the Opel Corsa GSi's performance abilities the last time you visited an entertainment park. However, to get jfllfce full-blown effect of a high-compression, twin-cam, 16-valve engine, a suspension featuring progressive miniblock springs, and discs coupled with ABS, we'd like to suggest a visit to our
      133 words
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  • SPORTS
    • Article, Illustration
      Lock icon Azinger tired of moral victories
      718 9 Golf AP TIiLSA, Oklahoma Paul /Vzinger is already finished with "moral victories". Only one week into his comeback from cancer, Azinahas lofty ambitions for his nee of the US PGA Championship title, although he's gpot predicting an outright victory in the tournament that bea yesterday
      AP; Reuter  -  718 words
    • Article
      Lock icon PGA Championship facts and figures
      117 9 AP Event 76th PGA Championship. Dates: Aug 11-14. Site: Southern Hills Country Club, 6,800 metres, par 35-35—70. Format: 72 hole (18 holes daily) stroke play. Cut After 36 holes, field cut to low 70 scorers and all tied for 70th. Playoff (if necessary): Sudden death.
      AP  -  117 words
    • Article
      Lock icon Nicklaus goes quiet after stir over blacks in golf
      304 9 Reuter TULSA, Oklahoma Jack Nicklaus, stung by the reaction to comments attributed to him on blacks in golf, has turned uncharacteristically quiet at this year's PGA Championship. Nicklaus, who has held court with the media mob in the run-up to every
      Reuter  -  304 words
    • Article
      Lock icon Dream Team II leads qualifiers for semi-final shootout
      524 9 World Basketball Championships AFP TORONTO The racc for JCpahd place at the World BasChampionships is down 1o tAe final three. But Drcifc Team U looks dk>re unstoppable than ever. Croatia, Greece, Russia and the US gpktjMl favourites ensured semi-finaj berths with stare
      AFP  -  524 words
    • Article, Illustration
      Lock icon Athletics
      258 9 Reuter VICTORIA, British CoMii With little more than a week before Om 'Start of the Commonwealth Games, half the tickets remain unsold. But organisers insisted on Wednesday that the Games would not be a financial debacle like the Montreal Olympics in 1976, which sjdrlrrl the Canadian city with aiiftipns
      Reuter  -  258 words
    • Article, Illustration
      Lock icon Baseball
      164 9 AFP NEW YORK Major League oa Wcdwiiay National: Chicag) 2 SF 5; Houston 3 San Diego 1; Florida 4 St Louis 12; Cincinnati 3 LA 6; Pittsburgh 0 Montreal 4; Philadelphia 2 NY 6; Colorado 1 Atlanta 0 (6 innings, rain). Aattricaa: Toronto 3 Cleveland 5; Oakland 1 Chicago
      AFP  -  164 words
    • Article, Illustration
      Basketball
      87 9 TORONTO World Championships quarter-final round on Wednesday Group L* Russia 103 Australia 76; US 134 Puerto Rico 83. Standings (games played, wins, losses, points): 1 x-US 2 2 0 4 2 x-Russia 2 2 0 4 3 Australia 2 0 2 0 4 Puerto Rico 2 0 2 0.
      87 words
    • Article, Illustration
      Lock icon Boxing
      71 9 AP WIST PATTERSON, New Jersey George Foreman's scheduled fight with Michael Moorer for the WBA and IBF heavyweight championships is off because the WBA refused to sanction the fight, promoter Dan Duva said on Wednesday. Duva said the WBA would itrip Michael Moorer of his title even if he
      AP  -  71 words
    • Article, Illustration
      Lock icon Golf
      84 9 AP WOBURN, England English World No I Laura Davies is one of nine former winners heading the strongest field assembled for the British Women's Open at the Duke's course at Woourn yesterday. In-form Davies, winner of the title in 1986, is chasing three wins in a row after successes
      AP  -  84 words
    • Article, Illustration
      Lock icon Gurina clinches 800 m gold in photo finish
      682 9 European Athletics Championships UPI HELSINKI, Finland Lyubov Gurina became the oldest gold medallist in the 60-year history of the European Championships on Wednesday, winning the women's 800 metres at the ripe old athletic age of 37. The judges had to study the
      UPI; Reuter  -  682 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      WPP's CEO sees globalisation as key to developing group
      842 10 World's largest advertising services firm hopes to clinch many global accounts Martin sorRELL, chief executive officer of WPP Group pic, winces at the word globalisation. It's a buzzword, one on which companies such as WPP thrive. But he acknowledges globalisation is
      842 words
    • Article, Illustration
      Edelman is first PR firm to gain foothold in Vietnam
      518 10  -  Tie-up with Viet partner will open doors to growing public relations market. Yen Sreenivasan reports Ven Sreenivasan EDELMAN Public Relations Worldwide has become the first international public relations firm to offer its services in Vietnam through a tie-up with a
      518 words
    • Article, Illustration
      MTV generation sets the pace for advertising industry, says US critic
      691 11  -  Advertising Age's Best awards judge tells Corinne Kerk of a fast-action future Corinne Kerk PECTACULAR MTV generationtype kinetic advertisii ing is the wave of the future, says Robert Goldsborough, corporate projects editor at Crain Communications. Gazing into his crystal
      691 words
    • Article, Illustration
      Lock icon US fashion houses rediscover ads for the great outdoors
      546 11 NYT THE underwear wars in Times Square and the showdown between fashion and film for the best real estate on the Sunset Strip are long-running. And Calvin Klein and Donna Karan are familiar fixtures in the outdoor galaxy, as are Benetton,
      NYT  -  546 words
    • COPY LINES
      • Article
        Wellfleet sets up shop in China
        97 11 SINGAPORE Wdlfleet Communications has announced the expansion and official opening of its China office. The company says its operations there will be tightly integrated into the overall business model for Wellfleet Asia, with Singapore playing a major role in supporting its operations on the
        97 words
      • Article
        Tag Heuer bunches new lady's line
        52 11 SINGAPORE Watchmaker Tag Heuer has introduced its 6000 Lady Automatic watch, which follows the 6000 Chronometer created for men in 1993. Women, who account for one-third of Tag Heuer"s sales, hive been buying the company's watches for men. The new range cost between $2,185
        52 words
      • Article
        Food marketer starts magazine
        67 11 SINGAPORE Home Gourmet, a marketer of a range of Asian pre-mixed seasoning pastes, rice dinners and noodles, has launched Asian Home Gourmet, a magazine on Asian food and cooking. The quarterly, which made its debut last month, also covers areas such as travel, culture, restaurants, books
        67 words
      • Article
        Lock icon LA Gear places account in review
        151 11 NYT NEW YORK LA Gear Inc has again placed its account, with billings estimated at US$2O million, in review. The account has been handled by Ketchum Advertising Los Angeles and Ground Zero in Venice, California, for the last few months, after LA Gear parted
        NYT  -  151 words
      • Article
        Lock icon A move to where the action is
        148 11 NYT NEW YORK Joseph Ostrow, executive vice-president and worldwide media director at Foote, Cone Belding in New York, said on Wednesday that he would leave the agency after seven years to become president and chief executive of the Cabletelevision Advertising Bureau in New
        NYT  -  148 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      139 10 j »b J a t Smooth as silk is a smile that comes fromthe heart not the handbook. Smooth as silk is an attitude born of a centuries old culture It's the natural charm and friendliness of our cabin and ground crews It's a beautiful fresh orchid for every passenger.
      139 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      962 11 Amformatics W HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of the Company will be held at Informatlca Building, 5 International Bualneaa Park, Singapore 2260 on Wednesday, 7 September 1994 at 10.00 a.m..
      962 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      983 12 EBusiness nines, rnuij Nothing Beats A Bud, B11 WHERE TO WINE, DINE AND ENTERTAIN f FRESH* .PASTA DDAI LY. i-W From Pasta Frcsca. Tho only restaurant to mako its own spocialty pasta. Frash, ovofyday. Savour porfoct pizza, groat golati and torrWc tiramteu. All toppod W*m£W y I. j> .ati ifcllAn
      983 words
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      Page 12 Advertisements Column 2
      383 12 =-^Sl fancy 'Beijing? 1 Then, we're delighted to suggest the tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection of set menus, and Beijing specialities H/fIA such as Beijing 'Due£, Bafjd Tench and Marinated Lamb, fancy some now! HlwS
      383 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon China's largest auction house joins Singapore's Taisei in exhibition
      875 13  -  Susan Tsang previews an art auction of Chinese paintings, antique cameras and stamps Susan Tsang According to art dealer B H Lim, this Sunday will mark "the start of a new chapter in Chinese auctioneering". That is when China's largest auction
      Reuter  -  875 words
    • Article
      The other Mrs Kennedy
      102 13 A BOOK scheduled to be published later this month portrays the decline of Robert Kennedy's widow, Ethel, into a state of turmoil and rage after her husband's assassination in 1968. Biographer Jerry Oppenheimer, who wrote The other Mrs Kennedy: Ethel Skakel Kennedy: An American drama of
      102 words
    • Article, Illustration
      Cher makes comeback with comedy-thriller
      357 13 ACADEMY Award-winning singer-actress Cher is at work on her first film in four years, a comedy-thriller titled Faithful, in which she stars with Ryan O'Neal and Chazz Palminteri. Frank Lomento, a production spokesman for Savoy Pictures, said principal photography was underway in New York City
      357 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      106 13 lieU Hflfc MDONE9AN /M JX RESTAURANT ••tftttttAtttttttt Yeflomrßioe, Avocado Shake MtMMt /ZFjil BUSINESS HOURS Lunch :12noon to 3pm (last order 2:45pm) VnlM Dinner 6pm to 10:30pm (last order 9:45pm) WalBS Coffee Hour* 3pm to 6pm Vlr/m MT-tVN k PVffLK? H9UPAY?; uj(B Lunch :11:30am to3:3opm (lest order 3:lspm) CftlV Dinner s:3opm
      106 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1022 13 This sequel is not as good as fifiMjflflitfSS jj the has KB plenty shotgun slayings, vehide chases and bodies crash- -y gjff ing through windshields. Nick Ep fiiV I I jPt Nolte is a San Francisco cop |>j 1 ft facing a manslaughter charge, ;I mm who needs to crime
      1,022 words
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  • Article
    S'pore must stay pro-competition
    518 14 THE Singapore government's decision to take a pro-competition stance in the telecommunications industry must have come as a surprise to some, particularly those offering long-distance telephone services here in defiance of Singapore Telecom s monopoly. Callback services, which connect customers to a dial tone in the
    518 words
  • Article
    A matter of pre-empting
    217 14 SINGAPORE'S DECISION to forbid entry to the AlArqam leader, Ashaari Muhammad, is fully in consonance with the Republic's secular character and firm commitment to the right to freedom of worship enjoyed by all Singaporeans. It is a corollary of these attributes that the government should not
    217 words
  • Article
    Knowledge is the key
    182 14 THE AL-ARQAM episode is a sad one. The group has become a threat to the solidarity of the Muslim community. It has deviated from the cardinal teachings of Islam, and caused undue disquiet and affected the social order of the community. The Singapore and Indonesian actions
    182 words
  • Article
    Plug weekend car loopholes
    185 14 THE GOVERNMENT is expected to announce shortly details on the conversion of weekend cars into normal cars. Car owners weekend car owners, especially, and those thinking of buying a new car will naturally be most concerned about the government's final decision. In its review, the first
    185 words
  • Article
    A whole new diplomatic game
    152 14 THE ROLE of diplomacy in international relations cannot be overplayed. When war occurs, the frightful question sometimes is not how it erupted, but how peace ended. Chou En-lai once described diplomacy as "a continuation of war by other means". The Arab-Is-raeli peace process was a
    152 words
  • Article
    Unreasonable suggestion
    141 14 IT OBVIOUSLY ran counter to our natiorcd sense of pride to have been forced, by decades of bitter experience, to distrust our own customs service. And it was quite regrettable that economic imperatives compelled us to vest part of our customs inspection authority with a foreign entity the
    141 words
  • Article
    The buck stops at the top
    154 14 THE POLICE claim that there is not enough evidence to justify criminal charges against officers involved in widespread assaults on Vietnamese during the Whitehead raid is disturbing. Perhaps the investigation lacked zeal but if individuals cannot be brought to book, then those who sent
    154 words
  • Article, Illustration
    Ah, a breath of fresh Blair
    1040 14  -  Neville Stack says Labour leader Tony Blair is making all the right moves' Neville Stack The writer is a political commentator based in London. He writes regularly for BT WITH ALL the brutal abandon of soccer fans barracking the opposing striker, Britain's ruling Conservatives
    1,040 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      252 14 IN-DEPTH BUSINESS NEWS FROM A SINGAPORE Jpl or over two decades Singapore mM LIJ mM L M II Mm L Business has covered the local and TR II W C regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any
      252 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      76 14 of) (U>iu_ VOJ p^ccount 3 JOHCS I'LL e>er Wou ft -WOUSANdN V SfM-£,S V yog. SHFML !T*±i© M feU-ON POUNDS NfOJ CPM'T 1 —v VA TTO ;~X a. DOONESBURY GARRY TRUDEAU "1 C*rxL PAY *>A* WCOH£UPUHTHACONSPtR- OOODOOV* CONCJ- %FI£t?.HECCNS<O&B>SUh I AC/THEOM ON TH» CASB. HEKTZ HAS A KNGZTI I KJMMDaA&-
      76 words
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  • ANALYSIS
    • Article, Illustration
      Thailand's formidable learning impediment
      1035 15  -  An inadequate education system threatens to derail the steady train of Thailand's economic growth. While Anthony Rowley discusses what the government plans to do, Alan Boyd finds industry clamouring for timely help so as not to miss the next wave of Japanese investment Anthony Rowley Alan
      1,035 words
    • Article, Illustration
      A new regional grouping in the works?
      838 15  -  The Thais are eagerly mapping out a co-prosperity zone aimed at merging Asean expertise with India's cheap skilled labour. Alan Boyd reports Alan Boyd The writer, a Bangkok-based journalist, contributed this article to BT INDIA and Sri Lanka, the bridesmaids of Asia's great
      838 words
    • Article
      Racing to get the skills up to scratch
      608 15 BUSINESS groups in Thailand have demanded stronger government support for manpower development, after warnings that poor labour skills may force the next wave of offshore Japanese investors to go elsewhere. The Federation of Thai Industries (FIT) on Tuesday lobbied the Cabinet for
      608 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      184 15 ll jl. 0g Yeah, this August at Jack's 1 fWfctff I Place you'll be able to enjoy a WHOLE NEW selection 0 f set lunch menu specially t created to give you value for money. Main courses include Chicken in Red Wine Sauce, Cmon down and have a real LUNCH
      184 words
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  • Article
    Lock icon Energy, coffee lead July surge in US wholesale prices
    547 16 AP WASHINGTON US wholesale prices rose more rapidly in July than they have in 15 months, led by advances in energy and coffee costs, the government said yesterday. The Labour Department reported that its Producer Price Index, which measures inflation pressures
    AP  -  547 words
  • Article
    Lock icon US likely to diversify Asean investment into finished products
    401 16 Reuter ST BANGKOK US investment in South-east Asia is likely to diversify into the manufacture of finished products for the Asia-Pacific market, the head of a joint Asian-US business organisation said yesterday. "American investment has historically tended to be concentrated in
    Reuter; ST  -  401 words
  • Article
    Lock icon Taiwanese investment shifts from US to S-E Asia
    271 16 AP TAIPEI Taiwan's overseas investments have jumped 27 per cent this year to US$l.O3 billion (S$l.S billion), with a striking swing from the United States to South-east Asia. Investment Commission figures published yesterday showed that in the first seven months of 1994,
    AP  -  271 words
  • Article, Illustration
    Lock icon This one's for the birds
    96 16 Reuter ORKNEY, Scotland Whoever coined the term 'bird-brained' hasn't met Orkney's winter visitors, the Barnacle Geese. Having wised up to the traditional scarecrow, a face-to-beak encounter no longer gives the geese goose bumps. So the Wizard of Oz, in the guise of the Scottish Natural
    Reuter  -  96 words
  • Article
    Lock icon US firm to build 3 power plants in Philippines by next year
    310 16 AFP MANILA CMS Energy Corp of the US has pledged to complete three major power plants in the Philippines worth US$B53 million (551.28 billion) this year and next to help Manila attain energy sufficiency, the presidential palace said
    AFP  -  310 words
  • Article
    Lock icon Export push shrinks China's trade deficit
    160 16 Reuter BEIJING A renewed export push has whittled away at China's worrying trade deficit, driving foreign commerce to all-time highs and bringing imports and exports into rough balance in the first seven months of the year. The official Xinhua news agency yesterday quoted customs
    Reuter  -  160 words
  • Article, Illustration
    Indonesia assuming higher profile on world stage
    783 16  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is a BT correspondent in Jakarta A COMMON complaint bedevilling business in Indonesia is the local lack of expertise in sales and marketing No one is in any doubt that Indonesians can make good
    783 words
  • Article
    Lock icon Third former director of Bapindo to be tried
    206 16 AFP JAKARTA A third former director of Bank Pembangunan Indonesia (Bapindo) is to be tried this month on corruption charges and faces possible life imprisonment. Antara reported yesterday that Sihol Sitompul, a judge at the Central Jakarta District Court, said he would
    AFP  -  206 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      35 16 I El INVESTMENT I Tomorrow in Business Times Singapore Kuala Lumpur NOEE ANN OOEON TOWERS £> MENARA MC CITY (Opp Raffia* tJ (Opp Shangri-La Hotel) (Orchard Road) Hotel) B QUALITY INSTANT OFFICES Tal 65-*****43 Fax 65-*****76
      35 words
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      Page 16 Advertisements Column 2
      77 16 J INVESTMENT I Tomorrow in Business Times 4E. Now Zip gives you trfffjimi) instant boiling water LI every minute of the just on the tap zip out DATES URNS, KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY HOSPITAL AND SCHOOL ZIP IS FULLY AUTOMATIC AND STEAMFREE.
      77 words
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  • COMPANIES & MARKETS
    • Article
      Securities Commission sets conditions for Innovest rescue
      548 17  -  Frw Ho Kay Tat in KUALA LUMPUR THE Securities Commission (SC) has approved, with revisions, a scheme to rescue financially-strapped Innovest Bhd. It slashed the prices of two firms Innovest was to acquire under the scheme and imposed tough conditions that the sellers
      548 words
    • Article, Illustration
      CDL Hotels interim earnings soar to HK$226m
      268 17  -  ft Lilian Ang SINGAPORE Hongkonglisted CDL Hotels International Ltd (CHIL) has turned in net earnings of HK5226.03 million (5542.9 million) for the six months to June 30, 1994 more than double the 1993 interim figure of HKS 105.92 million. The group, a subsidiary
      268 words
    • Article
      Omni Mold's 15m-share IPO subscribed 16.3 times
      251 17  -  By Shiv Taneja SINGAPORE Electrical industries mould-maker Omni Mold's IPO has been subscribed 16.3 times, not counting the 5 million shares reserved for employees and business associates. A total of 20 million shares of 35 cents each were on offer, of which IS
      251 words
    • Article
      Statutory change helps OUS treble half-year earnings
      268 17  -  By Paul Leo SINGAPORE Overseas Union Securities (OUS) yesterday announced a tripling in net earnings to $3.87 million for the six months ended June 30, thanks to a statutory change in accounting treatment of profits from sales of non-current assets. The closed-end fund
      268 words
    • Article
      Hong Fok's Winfoong saga deserves an airing
      741 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Hong Fok Corporation told the Stock Exchange of Singapore on Wednesday that it had sold seven million shares of Hongkong-listed subsidiary Winfoong Investment Ltd at a loss of $1.59 million. Though the sum was not
      741 words
    • Article
      Tenaga welcomes KL's assurance on future of monopoly
      454 17  -  By S N Vasuki SINGAPORE Tenaga Nasional Bhd is "relieved** by Energy Minister Samy Vellu's clarification that the Malaysian government has no immediate plans to break the utility's monopoly over power transmission and distribution. TNB executive chairman Ani bin Arope told Business
      454 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 17 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Fraser, GK Goh, OngCo. Nomura, Phillip, Smith New Court, Tat Lee and Wl Can.
        39 words
      • Article, Illustration
        HOT STOCK
        156 17  -  By Paul Leo TAN CHONG Motor Holdings has risen 34.8 per cent or 55 cents to $2.13 from $1.58 on July 28. Investors are advised to be cautious and take profit soon as the technical factors are bearish. Daily Relative Strength Index is above 73, indicating an overbought
        156 words
    • COMPANIES
      • Article
        British and Malayan earnings down 27pc
        51 18 SINGAPORE British and Malayan Trustees Ltd said its net earnings for the year ended June 1994 fell 27 per cent to $863,000 from $1.18 million previously. The group recorded an extraordinary gain of $528,000, bringing its bottomhne to $1.39 million, up from $1.34 million
        51 words
      • Article
        Authorised centre for WordPerfect
        44 18 SINGAPORE Sesdaq-listed Informatics Holdings said it has been appointed the authorised training centre under the WordPerfect Worldwide Certification Programme. The appointment involves the setting up of WordPerfect training centres at 30 Informatics outlets in Singapore, Malaysia, Philippines, Hongkong and China.
        44 words
      • Article
        Hotel Royal subsidiary to buy property
        42 18 SINGAPORE Hotel Royal said its wholly-owned subsidiary Royal Properties has exercised an option to buy a unit in an industrial building at Kallang Pudding Road. The price for the 277 sq m, freehold property was $805,000.
        42 words
      • Article
        Hone Fok unit buys HK subsidiary
        45 18 SINGAPORE Hong Fok Corporation said its wholly-owned subsidiary Crystal Cay Ventures Inc has bought a new Hongkong subsidiary, Eastern Business Ltd. The dormant Hongkong company has an authorised capital of HK$ 10,000 divided into 10,000 shares at HK$l each.
        45 words
      • Article
        Lock icon Idris CEO plans S Africa restaurant
        57 18 Bernama CAPE TOWN Idris Hydraulic (M) Bhd group chief executive officer, lshak Ismail, plans to open the first restaurant serving Malaysian food in South Africa. Mr lshak, who is also managing director of Idris Hydraulic, is investing up to M 52.5 million (S$ 1.47
        Bernama  -  57 words
      • Article
        Lock icon Genting, Resorts pull out of project
        126 18 Bernama KUALA LUMPUR Genting International pic and Resorts World Bhd have both withdrawn from the development of the resort«and casino project worth US$lOO million (SSISI million) in Subic Bay, in the Subic Special Economic Zone, Philippines. An agreement to dispose of the 55 per
        Bernama  -  126 words
      • Article
        Corrections and clarifications
        50 18 IN OUR STORY on Wednesday "Hong Fok subsidiary sells stake, incurs HKsl.6m loss", the extraordinary loss should have been in Singapore dollars 551.59 million, and not HK$l.59 million. And the Concourse is, of course, at Beach Road and not Orchard Road. We are sorry for the errors.
        50 words
      • Article
        Bank Negara approves Telekom bond issue for up to US$500m
        372 18  -  Fran Ho Kay Tat In KUALA LUMPUR TELEKOM Malaysia Bhd said yesterday it had received central bank approval for a Euroconvertible bonds issue of between US$3OO million (SS4SO million) and US$5OO million to finance its capital expenditure programme. The actual
        372 words
      • Article
        Heshe stands to gain $1m from sale of shop unit
        191 18 SINGAPORE Heshe Holdings yesterday granted an option oil a shop unit in Peninsula Plaza to a prospective buyer, which could give it an extraordinary gain of $1 million. Heshe granted the option to sell the unit to Toh Mun Peng
        191 words
      • Article
        Indon clove cigarette giant looks to Borneo pulp mill tie-up
        392 18  -  From William Chia in JAKARTA INDONESIAN clove cigarette giant Gudang Garam has joined forces with stateowned timber company Inhutani 111 and Finnish paper giant Enso Gutzeit with a view to building a pulp mill in West Kalimantan on Borneo island.
        392 words
      • Article, Illustration
        Malaysia Airlines expects better performance
        407 18 KUALA LUMPUR Malaysia Airlines, having gone through a bad patch last year, should see better weather this year, given its focus on costs and productivity, and the gradual improvement in the operating environment. Zain Azraai, who was chairman at the time the company's annual report
        407 words
      • Article
        CWT enters vehicle inspection centre tie-up
        289 18  -  By Rahita Elias SINGAPORE Listed CWT Distribution has formed an alliance with CIAS Enterprises (CE) to develop and operate a vehicle inspection centre in Jurong. CWT said yesterday the joint-venture company, called Jurong Inspection Centre (JIC), would start operations by the middle of next
        289 words
      • Article
        Abacus wants Philippine Stock Exchange to lift share suspension
        379 18  -  From Al Labita in MANILA MANILA A Philippine company which has partnered Malaysia's Tanjung and Kuok groups in a lottery project asked the Philippine Stock Exchange yesterday to lift the suspension of its shares. The appeal was made by Abacus Consolidated
        379 words
      • Article
        Lee Kim Tah in A$150m housing venture in Sydney
        233 18 SINGAPORE Construc-tion-based Lee Kim Tah Holdings has joined forces with three Australian parties to build a AS 150 million (SSI6B million) housing project in Sydney. Lee Kim Tah said yesterday that its wholly owned Australian subsidiary, Reachben, had taken a 35
        233 words
      • Article
        Lock icon Solomon Islands suspends _ logging licence of K Emas unit
        123 18 Solomon Islands suspends logging licence of K Emas unit Bloomberg Business News HONIARA, Solomon Islands The Solomon Islands government said it had suspended the logging licence of Silvania Products, a subsidiary of the Malaysian conglomerate Kumpulan Emas Bhd. The suspension follows repeated allegations that Silvania has consistently breached the conditions
        Bloomberg Business News  -  123 words
      • Article
        Untitled
        1045 18 ■M***' prtCM Auf 12 Mcadaki Gr Fund 1.19 1.22® US Of Fund IjOO 1.04* Mlfipirv MR ImM The Commerce 1.65 1.75 "f* The Savings Fund 1.57 1.66 United 1.51 ISJ S pore Pro« f und 0.71 075 Un*>cnd l*M 1060 S pore See Fund 1.0J l.09ld J? .'i? s pore
        1,045 words
      • Article
        Swire Pacific interim net profit up 14pc to HK$2.05b
        458 19  -  From Lim Soon Neo in HONGKONG DIVERSIFIED conglomerate Swire Pacific yesterday reported a lower-than-expected 14 per cent increase in interim net profit to HKS2.OS billion (***** million) on turnover of HK522.4 billion. Earnings per share for the "hong' with activities covering
        458 words
      • Article, Illustration
        Lock icon Coca-Cola to set up first plant in south-western China with Kerry Group
        242 19 AFP HONGKONG US beverage giant Coca-Cola Co is to set up its fust plant in southwestern China under a joint venture with Asia tycoon Robert Kuok's Kerry Group, the firm said yesterday. The US$22 million (5533.2 million) plant
        AFP  -  242 words
      • Article
        Lock icon HSBC results likely to focus concern on HK business conditions
        428 19 Reuter LONDON HSBC Holdings pic half-year results on Monday will focus market concern on the level of trading income and business conditions in Hongkong, where the group has almost 50 per cent of its risk assets. Analysts are looking for
        Reuter  -  428 words
      • Article
        Lock icon Hang Seng Bank expected to post 15-20 pc growth in interim profit
        470 19 Reuter HONGKONG Banking sector analysts are tipping Hongkong's Hang Seng Bank Ltd to post interim profit growth of IS to 20 per cent, despite a slowdown in mortgage lending and tighter interest rates. "Overall, loan demand is still
        Reuter  -  470 words
      • Article
        Lock icon Indian tycoon Tata tightening grip over business empire
        307 19 AFP BOMBAY Indian tycoon Ratan Tata has moved to tighten his hold over his family's far-flung business interests, preparing to ward off corporate predators who may be eyeing his empire in the era of liberalisation. The 57-year-old Mr Tata took the first
        AFP  -  307 words
      • Article
        Lock icon Taiwan watchdog probes trust firms for price manipulation
        305 19 Bloomberg Business News TAIPEI The Securities and Exchange Commission has launched an investigation into Taiwan's 15 investment trust companies, on suspicion that fund managers and outside traders colluded to manipulate share prices. "They're looking for collusion and manipulation," said Kuo Shoou Min,
        Bloomberg Business News  -  305 words
      • Article
        Lock icon Shaw Brothers' net profit up 55pc
        125 19 Bloomberg Business News HONGKONG Film producer and distributor Shaw Brothers (Hongkong) Ltd said its net profit rose a higher-than-expected 55.05 per cent to HK5354.54 million (5569.2 millio") for the year ended March 31. Analysts expected the company I report a net profit rise of
        Bloomberg Business News  -  125 words
      • Article
        Lock icon HK Electric's interim profit up 33.3 pc
        116 19 Bloomberg Business News HONGKONG Hongkong Electric Holdings said its net profit rose 33.3 per cent in the six months ended June 30 due to a rise in electricity sales and increased income from real estate development. The group, which is 35 per cent
        Bloomberg Business News  -  116 words
      • Article
        Lock icon Turner 2nd-qtr earnings down 58pc
        96 19 Bloomberg Business News ATLANTA Turner Broadcasting System Inc posted a 58 per cent decline in second-quarter earnings, mainly because of a US$26 million (5539.3 million) loss on its Goodwill Games and anemic results at the company's two new Hollywood movie studios. The company reported net
        Bloomberg Business News  -  96 words
      • Article
        Lock icon HK red chip gunning for blue chip status
        421 19 Reuter HONGKONG Hongkong "red chip" Guangdong Investment Ltd will boost its market value by 25 per cent in an all-out bid to become a Hang Seng Index constituent stock. "We aim to raise our market value from some HKSB billion (551.56 billion)
        Reuter  -  421 words
      • Article
        Lock icon Philips 2nd-qtr profit more than trebles to 402m guilders
        425 20 Bloomberg Business News AMSTERDAM Philips Electronics NV yesterday said its second-quarter net profit more than trebled, outstripping even the most optimistic estimates. The company said its net profit before special items soared to 402 million guilders (Ss34l million) from 117 million
        Bloomberg Business News  -  425 words
      • Article
        Lock icon Shell group's 2nd-qtr net income down 7pc to 574m
        237 20 Reuter LONDON The Royal Dutch/Shell Group of companies yesterday reported a 7 per cent fall in second-quarter net income on a replacement cost basis. Net earnings on this basis, which excludes the effect of oil price movements on the value of
        Reuter  -  237 words
      • Article, Illustration
        Lock icon Kirin Brewery plans to sell beer in China
        201 20 AFP TOKYO Japan's top beer brewer, Kirin Brewery Co Ltd, will sell canned lager in China later this year through Taiwan's President Enterprises Corp. A Kirin spokeswoman said yesterday the company aims to sell 7.2 million cans next year in Shanghai, Tianjin,
        AFP  -  201 words
      • Article
        Lock icon KLM's first-quarter profit soars to 122 m guilders
        327 20 Bloomberg Business News AMSTERDAM KLM Royal Dutch Airlines yesterday said profits more than trebled in its first fiscal quarter to 122 million guilders (SSIO4 million) from 40 million guilders in the year-ago period. KLM said it anticipated a continuing economic recovery that
        Bloomberg Business News  -  327 words
      • Article
        Lock icon Procter & Gamble rebounds with record profits
        263 20 Procter Gamble rebounds with record profits Reuter CLEVELAND Procter Gamble Co, the nation's largest maker of household and personal care products, on Wednesday reported record full-year profits and strong quarterly results, signalling a clear rebound after a year-old restructuring. The company attributed the robust performance to growing sales and lower
        Reuter  -  263 words
      • Article
        Lock icon TSE's curbs on share speculation may do more harm than good
        366 20 Reuter TOKYO Steps taken by the Tokyo Stock Exchange (TSE) to curb volatility when it lists Japan Tobacco Inc (JT) this autumn may not avert a repeat of the chaos that engulfed Japan's last privatisation exercise, analysts said yesterday.
        Reuter  -  366 words
      • Article
        Lock icon Wall Street money managers win control of munitions firm
        344 20 NYT WASHINGTON A group of young Wall Street money managers with no experience in the defence business on Wednesday seized control of Alliant Techsystems Inc, the world's largest munitions manufacturer, as a result of a bitter proxy vote last month. Alliant
        NYT  -  344 words
      • Article
        Lock icon US cable TV king's latest deals come under Washington's scrutiny
        542 20 Washington Post WASHINGTON John Malone, the cable television industry's irresistible force, may be about to run up against an immovable object the United States government. Federal anti-trust officials yesterday said a recent flurry of dealmaking by Mr Malone and his
        Washington Post  -  542 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US watchdog plans to improve funds' expense disclosure...
        484 21 Bloomberg Business News WASHINGTON The Securities and Exchange Commission yesterday proposed a rule designed to improve the way mutual funds disclose their expense ratios to investors. The proposal would require funds to disclose the value of services they receive through "soft dollar"
        Bloomberg Business News  -  484 words
      • Article, Illustration
        Lock icon Three Japanese exchanges to lower margins for Nikkei 225, Topix futures
        326 21 Knight-Ridder TOKYO Three major Japanese stock exchanges will lower margins for futures and options trading based upon the Nikkei 225 index, the Topix and the Option 25 from midAugust, the Nihon Keizai Shimbun said yesterday. But the margins will
        Knight-Ridder  -  326 words
      • Article
        Lock icon MAS gets financing for aircraft buy
        123 21 AFP KUALA LUMPUR Malaysia Airlines said yesterday it has contracted a Netherlands bank and two Paris-based financial institutions to fund its purchase of five French-made Airbus 330 aircraft. Dutch-owned ABN Amro Bank and France's Banque National de Paris and Banque Paribas have been mandated
        AFP  -  123 words
      • Article
        Lock icon Japanese banks' new housing loans
        60 21 Reuter TOKYO Tokai Bank Ltd and Sumitomo Bank Ltd yesterday said they will introduce new housing loans with interest based on short-term prime lending rates. Other banks were expected to follow suit after the finance ministry last month abolished guidelines making them link housing loans
        Reuter  -  60 words
      • Article
        Lock icon Argonaut's head trader quits
        76 21 NYT NEW YORK Argonaut Management, one of the biggest and most prominent hedge-fund companies started in the last year, said on Wednesday that its number two partner and head trader, M Barry Bausano, had resigned. The resignation, which took effect on Monday, has raised questions among
        NYT  -  76 words
      • Article
        Lock icon Burns Philp raises US$250m loan
        82 21 Reuter SYDNEY Global food group Burns, Philp Co Ltd yesterday said it will soon sign a US$25O million (***** million) five-year syndicated loan facility arranged by Citibank NA. The syndication has been completed and the documentation is expected to be signed towards the end of
        Reuter  -  82 words
      • Article
        Lock icon Indonesia to import 6b litres of fuel oil
        66 21 AFP JAKARTA Indonesia plans to import six billion litres of fuel oil in the 1994/1995 fiscal year starting April, the Antara news agency said here yesterday. It quoted an official of Pertamina Atihuta as saying the oil firm's 36 billion litre fuel
        AFP  -  66 words
      • Article, Illustration
        Lock icon Banks in Mexico face tough times in next few years
        393 21 Reuter MEXICO CITY The Mexican banking environment will be difficult in the next two to three years because of increased competition from an expected influx of foreign banks, said Citicorp chairman John Reed on Wednesday. "It will get hell of
        Reuter  -  393 words
      • Article
        Lock icon .. and amend rules on stock ownership reports
        349 21 and amend rules on stock ownership reports Bloomberg Business News NEW YORK The Securities Exchange Commission has proposed amendments to its rules on stock ownership reports filed by company officers, directors and shareholders. The proposed amendments will streamline the rules on when these reports must be filed, especially with regard
        Bloomberg Business News  -  349 words
      • Article
        UK's Lazard Bros launches Indian mutual fund investing in IPOs
        305 21  -  By Shiv Taneja SINGAPORE The Indian affiliate of UK merchant banker Lazard Brothers is launching a mutual fund that will concentrate on investing in initial public offers. The closed-end fund, called Taurus the Newshare, is being put together by Taurus
        305 words
      • Article
        Lock icon Bank Negara gold, foreign reserves fall
        169 21 Bernama KUALA LUMPUR Bank Negara's gold and foreign exchange and other reserves, including special drawing rights decreased to M 584,581.62 million (5549.700 million) as at July 15, 1994 from M 587,598.53 million registered on June 30, 1994. A statement from the central bank here
        Bernama  -  169 words
      • Article, Illustration
        Lock icon Correction in Asian palm oil prices seen as imminent
        534 22 Reuter KUALA LUMPUR Asian palm oil prices, perched at sixyear highs, may be due for a correction soon. Genuine foreign demand seems to be evaporating in a market fast becoming riddled with speculators, trade sources said. "I see a correction in
        Reuter  -  534 words
      • Article
        Lock icon China textile mills importing raw cotton to prevent shortage
        486 22 Reuter HONGKONG Textile mills in China are ordering raw cotton from just about anywhere they can to ensure shortages that hobbled them earlier this year are not repeated in the event of another bad Chinese cotton crop. "We're looking for opportunities
        Reuter  -  486 words
      • Article
        Lock icon US likely to be top corn supplier with China's exit
        337 22 Reuter CHICAGO China's likely withdrawal as a major corn exporter this year to meet its own booming domestic demand will make the United States the dominant supplier in the world market, US feedgrain industry officials said. 'Trade reports indicate that
        Reuter  -  337 words
      • Article
        Lock icon M'sian tin output down 47pc in first five months
        167 22 AFP KUALA LUMPUR Malaysia's tin production has fallen 47 per cent in the first five months of this year but local demand for the metal has risen 4 per cent, said the statistics department on Wednesday. Cumulative production of tin-in-concentrates totalled
        AFP  -  167 words
      • Article
        Lock icon Oman signs over output of gas fields to joint venture
        374 22 FT LONDON Oman yesterday signed an agreement dedicating output of its natural gas fields to Oman Liquefied Natural Gas (OLNG), the joint venture between the state-owned oil company and a consortium of foreign energy companies. The government of the Gulf
        FT  -  374 words
      • Article
        Crude oil futures little changed as Nigerian strike talks resume
        331 22 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on the New York Mercantile Exchange held steady as traders awaited the outcome of yesterday's talks between Nigeria's striking oil unions and the military government. Some 60,000 oil workers walked off the
        331 words
      • Article, Illustration
        Lock icon Banque Indosuez: REGIONAL CURRENCY REPORT
        140 22 THE Singapore dollar closed unchanged in quiet trade yesterday. Local banks were seen buying at 1.5050/55. The market was eager to test the 1.5050 support again. The Malaysian ringgit appreciated strongly after the official announcement that Bank Negara would lift the ban on the sale
        Charts by Dow Jones Telerate  -  140 words
      • Article
        Lock icon London
        197 22 Reuter LONDON The dollar was holding steady in late Europe trade after US economic data helped calm speculation that an immediate US rate hike may be in the offing Dealers said with no capital outflow on bonds the dollar should hold up near term, but the picture remains far
        Reuter  -  197 words
      • Article
        Lock icon New York
        83 22 AFP NEW YORK The dollar slipped against the yen in early trading yesterday after news of a larger-than-expected rise in July retail prices. At 1330 GMT, the greenback was trading at 1.5845 marks unchanged from late Wednesday, and at 101 yen down from 101.45. The dollar also fell
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1363 22 Irade-»nghled index ivkviaifd agonal S'porr'i lop 14 trading pmnnery Bast ye w: 19$} US$/S$ forward rates Noon Aug 11 9K BU Ofc 1-month I.J037 I.30J2 :-moMh 1)026 1.5041 3-moMh ***** 1 5031 6-month 1.4973 I.4W3 Sowtr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at fan m tag 11 Singapore
        1,363 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, JGB end higher in light trade
        1224 23 Reuter SINGAPORE Simex Euroyen and Japanese government bond (JGB) futures and Eurodollars ended higher in moderately light trade. Dealers said Euroyen and JGB futures ended higher on dealer short covering following recent seH-offs. "US funds have been selling the yen-based instruments in the
        Reuter  -  1,224 words
      • Article
        Palm oil eases on selling pressure
        702 23 COMMODTTY REPORTS Palm Oil Crude palm oil prices reversed from its upward trend to close lower on heavy selling activity. Prices began easing from midday as sellers emerged to liquidate their positions. Dealers felt the market was overdone and a correction was necessary. The
        702 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Higher Aussie cotton output expected
          83 23 GOLD COAST, Australia Australian cotton production could rise to three million bales by the end of the decade despite the setback caused by the current drought, an industry official said yesterday. Namoi Cotton Co-operative chief executive lain Worrell said water supply was the only major
          83 words
        • Article
          Forecasts for Brazil soybean in doubt
          122 23 CHICAGO Analysts expect pressure from news that Brazil's farm credit for 1994-95 grain and oilseed crops will rise 3 per cent from a year ago. The credits were much higher than some in the trade expected, and cast doubt on recent forecasts for Brazil's
          122 words
        • Article
          Focus of US rice subsidies
          126 23 CHICAGO Sales of US rice under a fresh Export Enhancement Programme by the US Department of Agriculture may focus on medium Giin and are unlikely to have much impact on idam rice futures, US trade sources said. The agency targeted seven regions for sales totalling
          126 words
      • Article
        COMMODITY PRICES
        1350 23 Rubber au K ii liHipofi Commodity Exduutga Ptqrslcal PHe* (Mum dMtaf m at S.3«pa) Bqtri S«Ntn At at 12 mm (S centi/kg) RSS 1 Contract (S cents/kg) Vo unMi 5— RSS 2 Sep 94 203.50 204.50N H u h C S5 ,£E5 RSS 3 Sep 94 202.50 203.50N
        1,350 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1020 24 -13.7 Stocks closed down yesterday after unexpectedly strong employment data prompted a sharp sell-ofT in bonds. The All Ordinaries Index ended 13.7 points down at 2,062.8. The All Industrials Index fell 22.8 to 3,018.9 and the All Resources ended down 6.7 at 1,344.9. Turnover totalled 179.9 million shares worth
        1,020 words
      • Article
        Manila
        602 24 +32.80 Share prices rose yesterday due to continued bullishness in the market enhanced by the government's decision to cut petrol pump price by one peso. The PSE Composite Index rose by 32.80 points to close at 2,976.99. Volume was 7.15 billion shares valued at 1.63 billion pesos. An analyst
        602 words
      • Article
        Taipei
        580 24 •145.99 Prices dipped sharply yesterday as a result of rising interest rates, with shares suffering losses across the board. The 376-issue Weighted Price Index fell 145.99 points, or 2.13 per cent, to settle at 6,692.02. Turnover dwindled to 2.05 billion shares valued at NTS 102.74 billion. The market opened
        580 words
      • Article
        Seoul
        393 24 +8.98 Share prices extended its upward trend yesterday, buoyed by active bargain-hunting on blue chips, dealers said. The Composite Price Index gained 8.98 points to settle at 939.19. Volume shrank to 20 million shares, valued at 450 billion won. Rises outnumbered falls 484 to 279, with 136 issues ending
        393 words
      • Article
        New Zealand
        286 24 -20.91 Shares ended lower in subdued, tentative trade as investors stood back ahead of tomorrow's by-election in the South Island seat of Selwyn, which may make or break the government. "I think buyers are treading very carefully," said one dealer. "People are are just biding their time before
        286 words
      • Article
        Bombay
        107 24 +19.60 Shares ended slightly higher after swinging both ways on the last day of the account in both specified as well as cash shares. The BSE 30-share Index closed 19.60 points higher at 4,384.60. The 100-share National Index rose 9.06 to close at 2,072.55. Prices moved both ways in
        107 words
    • WORLD STOCK MARKETS
      • Article
        London
        795 24 -25.8 STOCKS feU for a third day as investors braced for a rise in British interest rates after Sweden stunned European markets with a rise in its key rates and was followed by Italy in the late afternoon. The Italian rise came after continental stock markets closed. They were
        795 words
      • Article
        Paris
        134 24 -25.24 French shares were knocked down 1.2 per cent by the surprise anti-inflationary rate rise bythe Swedish central bank. Then US economic figures showing strong growth underscored worries about higher rates. The CAC 40 Index fell 25.24 points to close at 2,038.93, its lowest closing level since July 22.
        134 words
      • Article
        Frankfurt
        176 24 1.02 German stocks fell, led by sharp declines in Deutsche Bank's share price, after Sweden raised interest rates. The release of tame US inflation figures had little effect on stocks. Traders said investors were looking for a rate increase in the US that would take the uncertainty out of
        176 words
      • Article
        Brussels
        149 24 -3.07 Belgian stocks closed down for a fourth day after an unexpected interest rate rise in Sweden sparked fears that other European central banks would follow suit. The Bel-20 Index fell 3.07 points to 1,466.51. Fears that the Swedish move could be repeated elsewhere were further fuelled by a
        149 words
      • Article
        Milan
        155 24 -117 Italian stocks went lower for the seventh day as political worries continued to weigh on prices. The rise in tne discount rate, to 7.5 per cent from 7 per cent, came after the market closed. The Mibtel Index fell 117 points, to 1,0671. Traders said the Swedish rate
        155 words
      • Article
        Amsterdam
        225 24 -0.81 Dutch stocks closed lower as gains due to favourable earnings results were offset by the effects of the surprise Swedish rate increase. The EOE Index of the 25 leading stocks closed 0.81 point lower at 416.81. "That Swedish rate increase made people think other countries would follow," said
        225 words
      • Article
        Stockholm
        165 24 -21.95 Swedish stocks plunged after the county's central bank surprised investors by raising two interest rates to prevent inflation. "The rate rise was a big surprise for everyone," said a trader. 'There was drastic selling across the market. This is a very strange move, it wasn't anticipated." The OMX
        165 words
      • Article
        Zurich
        252 24 -2.6 Swiss shares closed lower after the Swedish central bank raised interest rates, putting renewed pressure on bank stocks. The SMI Index closed down 2.6 points to 2,588.8, falling from an earlier high of 2,614.6. This marks the second time the SMI has closed lower this week, with eight
        252 words
      • Article
        Johannesburg
        346 24 -53 South African shares corrected substantially from recent highs yesterday as buyers took a breather, but dealers said bullish sentiment remained intact and key counters could test fresh highs soon. They said overheated gains and a lack of gold price support had sparked losses, some of which had been
        346 words
      • Article
        Toronto
        248 24 •25.39 Stocks continued to slacken in midday trade, weighed down by interest rate jitters following poor US inflation data. Losses in mining, gold, consumer products and financial services easily defeated gains led by transportation. The TSE-300 Composite Index was down 25.39 points to 4,179.69 on volume of 26.17 million
        248 words
      • Article
        New York
        669 24 +6.15 Stock prices left tumbling bonds to their own devices and turned modestly higher early yesterday in light trading, in the wake of a government report that indicated inflation may be edging higher. The Dow Jones Industrial Average was ahead 6.15 points to 3,772.91 at 11am EDT. The
        669 words
      • Article
        Untitled
        479 24 Vienna Aug 11 Alrfl AUA l*X) S BinkArtriKP) «M H CA-«V VZ Ml uncli EVN 1410 1 Flufhafcii 4W Lciwing I2*J 21 Leykaoi 439 2 MacalaaHWVZ 11*3 10 OCMV VZ M* I VA Tccfcaotapc 1094 Voucher J70 J Vcftmnd Ail* A *51 I WmHtni JMO 20 Source: Bank Austria Aktiengesellschaft
        479 words
    • Article, Illustration
      Lock icon HONGKONG
      2636 25 Bloomberg Business News HONGKONG Stocks fell on disappointing earnings reported by Cathay Pacific Airways and its parent, conglomerate Swire Pacific. "We had three sets of results from a prominent group of companies that are disappointing," said a dealer, referring to Swire, Cathay and their associate, Hongkong Aircraft Engineering (Haeco).
      Bloomberg Business News; Source: Bridge Info  -  2,636 words
    • Article, Illustration
      Lock icon CHINA
      525 25 CLSA TURNOVER in Shanghai A shares were down 6.9 per cent at 12.4 billon renminbi. Shenzhen A shares saw a turnover of 4.4 billion renminbi, down 3.5 per cent. Turnover in Shanghai B shares rose 22 per cent to US$l2.7 million yesterday with the index gaining 15.75 points to
      CLSA  -  525 words
    • Article, Illustration
      Lock icon TOKYO
      2466 25 Reuter TOKYO Public pension fund and foreign buying outpaced profit-taking by domestic corporations to leave stocks a touch higher at the end of a quiet day. Many investors remained pinned to the sidelines, awaiting the return of the large number of investors away on vacation. Investors were also quiet
      Reuter; Source: Bridge Info  -  2,466 words
    • Article, Illustration
      Lock icon BANGKOK
      1505 25 Reuter BANGKOK Stocks closed at the day's highs on institutional buying of blue chips ahead of the Queen's birthday holiday today. The SET Index rose 18.17 Eoints to 1,425.49 on 10.64 illion baht turnover. New listing Siam Makro, which dominated trade, closed 44 per cent up at 72 baht
      Reuter; Source: Bridge Info  -  1,505 words
    • Article, Illustration
      Lock icon JAKARTA
      1130 25 Reuter JAKARTA Shares extended Wednesday's rebound in moderate trading, with foreign buying outweighing light local profit-tak-ing during the late session. "At the late second session there was some profit-taking on the local side but foreign buying managed to keep sentiment upbeat," one broker said. Duta Anggada remained under persistent
      Reuter; Source: Bridge Info  -  1,130 words
    • Article
      CLOB INTERNATIONAL
      2238 26 Kamuniint 50c 19.*****0 CASH 30c I3.02).000 Praart 12.323,000 Lien HoeTSR97 11 080.000 I Mull i-Purpose 10,750.000 Idns Hyd 50c 1.009.000 Asa Pac Ld 7,333.000 HLcona Prop 30c. 6.147.000 Mctroplex 50c 4.S 10.000 Mulpha I fill 30c *.733.000 IGB Corpn TSR ».311.000 Bcqaya L Wt99 i, 173.000 Iran BM
      2,238 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares up two days in a row
        5309 26 Bloomberg Business News KUALA LUMPUR Stocks rose for a second straight day after the central bank lifted restrictions on foreign purchases of certain debt instruments. Bank Negara said it will lift restrictions today on foreigners buying debt securities with maturities of less than
        Bloomberg Business News; Source: Bridge Info  -  5,309 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6142 27 Gf Gr M Wl iaa* LM v«l Dn Laa QmM D*. W. VM NH Cap _A »1 U. j Sri* C***) High Lmm Baya SaBer O P'l £3 Prfca MOUSTMAL AND COMMERCIAL 1440 US AO- 920 uack SO 930 920 9IS 925 ITS 11 L9 147 4*1 935 100 400
        6,142 words
      • Article, Illustration
        Lock icon Strong economic growth figures a welcome booster
        1818 28  -  By R Sivanithy SINGAPORE Stocks from both sides of the Causeway scored hefty advances yesterday, boosted by the release of strong, broad-based economic growth figures for Singapore, and the Malaysian central bank's announcement that it was lifting the ban on foreign investment in
        Charts by Bridge Info; Source: Bloomberg  -  1,818 words
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      262 17 NEWS VALUE How today's news might affect your stocks Baak Nagara lifts ban m salt af shsrttana rlaggft papar (pg I) Both the stock market and the ringgit reacted positively to the news yesterday. Follow-through interest likely. SAa, CIAS taka 46pc stake la ttwfcw aircraft repair vaatara (pg 1) Positive.
      262 words
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      28 words
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      222 words
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      Page 20 Advertisements Column 1
      162 20 M The Teleview ft M Market With M Here is a unique 1 opportunity to: Widen the market for your Teleview's members are in the yjß products and services market for a wide range of goods Reach a new group of and services. They actively use affluent people with middle
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      Page 21 Advertisements Column 1
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      Page 21 Advertisements Column 2
      485 21 NOT ICES NOTICE NOTICE IS HEREBY GIVEN that, I VEETEEY RAJAN of Blk 213, #03-58 Serangoon Avenue 4 Singapore 1955, have applied for a Beer House Second Class Licence in respect of premises at M/s Maharaja Kitchen at 42-44 Veerasamy Road Singapore 0820, and that this application will be heard
      485 words
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      Page 21 Advertisements Column 3
      354 21 M THE MATTER OF THE COMPANKS ACT, CHAPTER 80. AND M THE MATTER Of To#io ON MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members at Tong Baa Nomlnaaa Pta. Ltd., duly convanad and hatd at 122 MiddM Road #02-01 MldHnk Plaza Singapore 0711 on Monday, 8 August
      354 words
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      590 23 TOLL-PKBBTEL. No. 1 t0074MM3 PAX:74M2«< INTHEMATTEEOr THE COMPANIES ACT, (CHAPIEE M) AND INTHEMATTEEOr AUROTEC (SINGAPORE) PRIVATE LIMITED 0* Hi nil 'VI I NOTICE OT FINAL MEETING NOTICE IS HEREBY GIVEN feat pursuant to Section 308 of the Companies Act (ChapMr 50), that fee Pinal General Meeting at fee Memberi of
      590 words
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      Page 23 Advertisements Column 2
      34 23 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 203 in The jfSjn Straits Times Classified, cjlta 1737-IX4
      34 words
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      Page 25 Advertisements Column 1
      102 25 GIVE NEW LIFE TO YOUR HMD Facing hair problems like balding, thinning hair, damaged hair, dandruff and premature grey hair? Don't despair, come to Hay's Formula, we give professional hair treatment with a secret formulation madeof 100%, HERBAL PLANT EXTRACTS. Hay's Formula provides all natural and effective solution to I
      102 words
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      Page 27 Advertisements Column 1
      29 27 i t REVERSO. AVANT-CiARDE SINCE I'm. pm 2 STRAIGHT tKS TALK J You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessTimgs
      29 words
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      Page 28 Advertisements Column 1
      1179 28 NOTICES M THE MATTER OF THE COMPANES ACT, CHAPTER SO AND M THE MATTER OF TAISEITRADMQ PTE LTD (In Mlmb a rej Voluntary Extract of the Minutes of an Extraordnary General Meeting of the members of Taieai Tradtog Pto LM haM at 4-P1 Chome Mnemi Kogo NtohHcu Itooohlma City, Japan
      1,179 words
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      Page 28 Advertisements Column 2
      216 28 ■I THi MATTBI OF TMIOOMMMM ACT. CAP. M sawKtssu NOTICE HEREBY OtVEN purauont to Bocflon 30fl<a of I* CyjSO. +w> tw k* IwM at 27 Cam—<Kuii.n>MMiiM«oeoa onlSfloptonWoMflMaMlaNilar flw puraooo of hewing oocounl M MRM9 fn MMMi Zoning flw w—wr in «Md« flw «Mnq up Km bHD conducted end flw property
      216 words
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  • SHIPPING TIMES
    • Article
      Finnish luxury liner back to provide cruises to nowhere
      431 29  -  Delfin Star was first based in Singapore last year By Alec Almazan SINGAPORE A Finnish Jlixury liner has returned to Singapore to provide cruises. The Delfin Star, which will be based here year-round, leaves on its maiden cruise today from the
      431 words
    • Article, Illustration
      Lock icon Keeping the Bounty shipshape
      54 29 Reuter SYDNEY A workman examines the hull of the replica of the tall ship Bounty yesterday. The replica, which is Australia's largest tall ship and a true to scale replica of the original from the 1700s, is undergoing her annual overhaul in the floating dock of
      Reuter  -  54 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1095 29 Page Col ABC Containerize 16 4 Accord Group 8 1-3 Ahrcnkiel Liner 4 1/2 •ANL 3 1/2 Antaco Mgmt 17 4/5 •APL 5 3-5 «Appenship 8 4/5 Arabian Express 15 S ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 2/3 Bait
      1,095 words
    • Article
      Lock icon OMI orders two chemical tankers
      119 29 Knight-Ridder NEW YORK OMI Corp announced on Wednesday it has entered into a letter of intent with Astilleros Espanoles SA of Madrid, Spain to build two chemical/product tankers of approximately 45,000 deadweight tonnes for mid-1996 delivery. The tankers will cost between US$34 million (5551.3 million)
      Knight-Ridder  -  119 words
    • Article
      Lock icon Senate supports Pentagon aid for shipyard loans
      506 29 Knight-Ridder NEW YORK The US Senate yesterday agreed to have the Department of Defence help fund a shipyard loan guarantee programme a step that could lower the vessel tonnage tax that has been proposed to pay for the shipyard programme and for maritimeoperating
      Knight-Ridder  -  506 words
    • Article
      Lock icon Bankrupt Swan Hunter to cut 207 more jobs
      375 29 Reuter LONDON Accountancy firm Price Waterhouse, acting as administrative receiver for bankrupt British shipyard Swan Hunter, confirmed that a further 207 jobs will be lost. The workers were layed off on May 31 but were still on the company's books. They will
      Reuter  -  375 words
    • Article
      Lock icon US shipping rule on insurance cover may hit oil imports
      533 29 KnightRidder WASHINGTON A controversial new US shipping rule that requires tanker owners and operators to prove they can pay for oil spills in US waters threatens future US oil imports, oil and shipping industry analysts say. And the US Coast
      Knight- Ridder  -  533 words
    • Article, Illustration
      Too soon to tell
      678 30  -  It is still too early for South Africa's new government to decide on a policy to help the shipping industry, reports Liz Shuker Liz Shuker NO ONE could have wished for a smoother political transition when, back in April, South Africa took the final step on
      678 words
    • Article
      THE SHIPPING GUIDE
      13744 38 This is a list of ships loading at Singapore for ports around the worid. 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. LEQEND PN: ship calls at Penang after
      13,744 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        601 46 fctsU fgjh Both /InM D*p»turt Vtwel Vty Wo Btrtti Anbil P«p»ta« W«fl> Part 8»Um S(*44 «W TOW 1201/2230 [2 jj«/»30 WUi 08/01/94 J8/9 itoofM* 1208/2300 Batam Sp«d4 ****** TOW 1108/0/00 1M «00 Win 1)41 19 atones* 1208/2300 8Xm Sp«d4 *****- Ml* Cw Mara 08/03/94 11 atoms* 12.08/2300
        601 words
      • Article
        CONTAINER SCHEDULES
        1395 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO i Record Bookkif/Baiance Rslts Jhp Voy No Etb/Btr Period From To From la M 19« 13/0300 2* 11/1/00 12/0(69 12/0900 3 12/0/00 12/1159 12/1400 nil ill |37mOO I* U/1500 11/1459 11/1900 IB
        1,395 words
      • Article
        Daily Freights
        770 46 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,492 on Wednesday from 1,483 on August 9. Rumours circulated of cargoes fixed or negotiating on the US Gulf to Japan route, but details were tough to confirm, brokers said. Hanjin was said to have fixed
        770 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon TWA appoints new CEO and CFO
        463 48 Carrier wants to shed unprofitable routes and trim US$ 135 m off its 1994 budget Bloomberg ST LOUIS Trans World Airlines (TWA) has appointed its president, Jeffrey Erickson, its new chief executive, and a turnaround specialist its new chief financial officer. The appointments represent
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        Lock icon Higher car rentals expected to up business travel costs
        280 48 Bloomberg Business News ROCHESTER, Wisconsin A 10 per cent to 15 per cent increase in car rental costs is expected to push 1995 business travel costs up 2 per cent, according to a study by Runzheimer International. The overall increase would
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        Lock icon China's answer to Mercedes-Benz
        417 48 Reuter BEIJING The hulking Red Flag limousine, shunned by China's communist elite since market reform brought in waves of Mercedes-Benzes, is battling back with a sleek new design, its maker announced on Wednesday. But large-scale production of the hand-made Model 94 is not likely to happen,
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        Lock icon Kampuchea Airlines' US$3m profit
        75 48 AFP PHNOM PENH Cambodia's state-owned carrier, Kampuchea Airlines, recorded a profit of more than US$3 million (554.5 million) from its international service in the first six months of the year and plans to extend flights, the state news agency AKP said on Wednesday. "The company plans
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1310 48 g& nm m nm 5L jh Qiwtl GA928 2205 IMM QflT 1925 Qf82 2055 T SQ227 2230 flwitlil KL837 1450 KL844 0035 KL838 2300 SQ323 1730 SQ26 2355 Ml SQ348 2250 nmliliiif NZ73 1550 SQ285 2045 BA12 2200 NZ74 2340 iBhaia GF146 1250 GF149 0650 B
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        Lock icon Iata, Kansai Airport agree on landing fees
        161 48 Reuter TOKYO Kansai International Airport Co (KIAC) and the International Air Transport Association (lata) have agreed on international landing fees at the new Kansai International Airport, a KIAC spokesman said on Wednesday. The fee is 2,400 yen (about SS3S) per tonne of aircraft.
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        Safety seminar to be held here
        95 48 SINGAPORE A seminar on "Safety Awareness, Safety Au<fit and Safety Management" for the shipbuilding, oil and gas, energy and power generation and chemical and petrochemical industries will be held here from Aug 17 to 19 and in Malaysia from Aug 2£ to 24. The
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        Lock icon Qantas-American code-sharing deal
        69 48 AP FORT WORTH, Texas American Airlines and Qantas Airways said on Wednesday they will begin "code-sharing*' on 12 non-stop flights each week between Los Angeles and Sydney, subject to government approval. The two carriers are asking permission from the US Department of Transportation and Australian authorities. Under
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        Lock icon Coal mine blast may cause shortages
        56 48 Knight-Ridder LONDON The closure of the Moura coal mine in central Queensland following an explosion on Sunday could cause shortages in the medium term at the port of Gladstone, according to Lloyd's Intelligence. While there are stockpiles of coal at the port, shortages are
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        Lock icon KIM signs freight deal with Emirates
        85 48 Bloomberg Business News AMSTERDAM KLM Royal Dutch Airlines said its cargo division signed a freight transport agreement with Dubaibased Emirates Airlines. The agreement allows both KLM and Emirates to ofTer more and faster air transport to the cities in their networks, the Dutch carrier
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      55 29 THE SPECIALIST IN WIRE 4 LASHINGA y TESTING /M I MATERIALS M LIFTING Ufv II lIT T KUTEMIAIIME SUPPLY CO. (PTE) UD N0.7, Butt Baft* Street 22, Singapore 2365. Tt: 863 3466 F«x: 563 8811 Shipping under South Africa's new government, Page 2 TWA appoints new chief executive officer and
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      26 29 Lines and services represented by Members of the Registry of Accredited (»h@bJ Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090
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      28 29 the jjfr FAMOUS mmmxki Km 224 1833 I For more information pleaae refer to Pg. 13 PLAY SMART Be part of the good life. Lifestyle. Everyday. BusinessEmes HIMVAIM
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      1862 30 IMPORT.... IMPORT.^ gUSiBHB IHHHBHHI I BIIIIMI fitiMftt l tW -H «sa VOT store u o* ki o* houstoh ckc ht hmco an m trm moos WD MOWIWO MO 01 jump mm» mm PttMM gg/gug. tos ama o*m rnt&m »mc trm CALfOMM KKMT iriMM u" OMT 7.9 19 19 19 7.9
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      1533 31 QHIfMHMQ AQFNCIFfi JARDIME SHIPPING AGENCIES SOU BHD* r s WAPORE 0208 ssir"*s:Ksr" t rmX DOCUMENTATION TEL: *****55 <INWAROW2OOG9O (OUTWARD) Tli-FAX: ******4 (OPNSt C g«'°»S' SERVICE SSfStRU 51L ££-223,270 F" &07-2M39M 1 KEPPEL DtSTRIPARK BLK 513 #01-128 1 m Dedicated to QudlltY Service switchboard tel: *****13 fa* *****42 wet ww hi
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      1665 31 EAST MEDITERRANEAN MARSAXLOKK/PIRAEUS/IZMIR/ISTANBUL MAERSK ANTWERP V.9404 ETA SIN 15TH AUGUST 1994 KOWLOON BAY V.5687 ETA SIN 22ND AUGUST 1994 VMMi Voy I ETA I ETD I taM by destinations CfS 15AM 2368 MRS X>H LPK PEN OAK LOB SFO MEM ATL MIA CHS BAL PHL |NYC TOR MA REN MAERSK
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      1479 32 r™™"T AQABA ROAM/ [I ALSO ACCEBTSOO FNOM VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H'BURG AWERP HAVRE WEST MALAYSIA ELBE ***** 15/6 "9 3/9 5/9 7/9 Por Ketang. Penang THAMES 24/132 17/8 3/9 6/9 4/9 Padr Godang HANNOVER EXPRESS 21/332 20/8 29/8 5/9 7/9 10/9 12/9 14/9 EAST MALAYSIA
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      619 32 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundl, Isiamqala (Doqharun) C.1.5./RUSSIA: Vootodmy, Vladivostok, Moocow, Baku, Taohkont, Irkutak, Alma Ala, Aahgabad, Duohonbo, Kit* N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE VESSEL SIN DKR CGM Korrlgan V.2274 16/8 14/9 CGM Normandie V.2284 23/8 22/9 Ned Europe V.2294 30/8 28/9
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      1393 32 NORASIAi VSL/VOY SIN ALG BCL VAL HAM BRE ROT ANT PEL CHA I NORASIA SUSAN 9432 3 20/08 09/09 10/09 12/09 13/09 14/09 15/09 17/09 JNONASIA SMGA 9433-3 25/08 16/09 17/09 19/09 20/09 21/09 22/09 24/09 VALE DE VELA VO4N 23/08 20/09 14/08 I WLLI 0E TIT ANA TOSW 30/08
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      1570 33 i Igj STRAITS SHIPPING PTE LTD V.I Mm I2M T«fc IiMTM Fax: *****17 i i hi a 111 I M Sggdi «A MRVIC* Of GHMA KAVMATKM COs I ACOPIB KJW* v CAMO M UU <. -I STIUUTS nw vis mmt*. l* ha* 12 h« l«N fcl. lcl container and meakbuuc
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      2222 33 SINGAPORE AGENT: WO Containers (Singapore Agencies) Pte Ltd 1 iVI W t, J 10 Hoc Chiang Road #07-01 Keppe* Towers, Singapore 0208 Tel: 225 2233 Tstex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Nunpy *****9 *****J '<»•" *0T CTt 00T HOT MM Mf KKi L*M ALO MB *PMO SSu?«
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      484 34 1 GENERAL AGENT: C.R NO 11*27*1-***** jSSjL EKA JAY A AGENCIES Vbf TEL: *****22 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE fMM IhAMWWW/WME] M 1 W WiW W CUIOK~ g= I aa iwiM* SS I "SSm tm >!« S n/iMt/B HO CHI MMH OEM AGENT: CENTER-POINT LINES k T«fc M
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      1224 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 KM VS. raTluPt HAUL SEA TVR fM FOR VS. M IIM HAUL JAV Ul NTC MMUNLI HARVC 027E 18/8 (NCCT 1/9 9/9 10/9 HARM IE HMV( 027 C 18/1 M. EUROPE 01* 22/9 23/9 25/9 MIUN
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      1211 34 -i. T jTrrrn^ ft 1 L I m I k jBI?IBMJ Irn ms ws u« n« moaniinoiuMiK wrcun mm mm m m no cm m m ft* l ortoi mm m/i u/t 22/1 m/i m/i m/i n/i il/92/11/9 m/i vn m/i m/i 19/ M ii/m u/m u/m m/m m/m vu
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      1489 35 IV II sex: 'CALIFORNIA MERCURY 63E' eta sgp 17/08/94 H U II ARRIVING LOS ANGELES 03/09/94 IN 16 DAYS I wlwOJir II AEX:'NEPTUNE LAZULI 08E'ETA SGP 19/08/94 HI H II ARRIVING NEW YORK 12/09/94 IN 23 DAYS II aSi wP >n Tm ccc cu cl» TuT* oct wtTww I vo*
      1,489 words
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      Page 35 Advertisements Column 2
      999 35 A MULTILINE SHIPPING PTE LTD W m«nb« of SMSOV Grou>) CR NO: **********0 C ENQUMES: *****33 BOOKM6S: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 jfc. A BLASCO: MMARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKMGS *****99/*****01 DOC *****07 MARVC INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****18
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      1216 36 q~ w^ 44__ M AS AGENTS: 'T* UK (SMAPNE) FTI LTi (CI Mk 12M173MN/8T Kfi ID: H2-HI73SM) K T TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 ■A T TIkTIT MALAYSIA: *T' LME HMmK (MALAYSIA) 101 MS mm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 i INDONESIA:
      1,216 words
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      1079 36 g) APP L!L SH,P ®s CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND PAR EAST VESSELS LOADMPOm DtSCHMSE/LOMME FOR SCAKirm HAM 01/07 SPORE 18/08 m CARRtBCAN PRINCESS ANTW 03/08 SPORE 07/00 OOSPfC HAM 28/08 SPORE 27/09 BKK 02/10 TBN ANTW 26/08 SPORE 27/09 BKK 02/10 /ZmJ JMUUnMSmJUmT f
      1,079 words
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      1015 37 pacific international lines (PTE) ltdN 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I 888SV CR NO **********061 w— J il-J. -1 i <* E^9sM9M!oi»HnKFn93n^^^^B-« J* AmtUfTTTT^^^MI Ivunl vov mnirr *m |K 1 M KOTA SASAS NMI 14/9 17/9 21/9 S KOTA MO AM MHOI3 14/3 17 /8 21/8 ij
      1,015 words
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      853 37 |||«gL» KB I gl I UHtWI 1 HMH WOKS WHOP— mropr II ||wm ot iiu t-w nm m/w w/w turn M/w I II mu Pi KW 604W 00/— WW 11/W W* 14/w I II Wilt Bt XLA WWI 23/— 14/ M v I>/w M/w 11 MLLI K TIWM TWW 21/—
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      Page 37 Advertisements Column 3
      718 37 1 BSA iA. Ml MYANMA OA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI« Pen PGdf ATA VI29W M POUT SU> SAGAJNG V3«W 15/27 Auf PAGAR V2I2W 11/20 Au( 21/22 A«t HPA-AA T2O4W 24/2 C Auf MTOMATWA VIS3W 24/30 Am| MALAYSM ACEHTS BOUSTUO 9fPK AfiEWCH HJL
      718 words
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      1916 40 n ill kiii vi HH i r:^^^^BfcgJWmMßliiiWßlll>iiim.^^^ x I mi T4 gSgVf" iT Far%MMnS; 2tt J«M cSSmr *****41/944 cSSmrSt l/L* *****92 OpcrttfM Cmtafctr *****15 I iSmSrSL 3 -°--C°S»'-'- cSSLrf 4205*50 c M CMmrftamfc *****40 I rr »PHH 9199 fSJjJftS Fm *****99 BrMfctatf Sje o*s: *****50 *****39 I ™S*2ftos*4Qs-X fic *****15
      1,916 words
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      1218 40 FOR BOOKING 1800-*****00 (TOLL-FREE) oufouHQ mi rtw ioh aw hkc mo tm kk hop ook moi m mm hn mmu 02/00 05/00 00/oo sld 12/00 13/00 15/00 u/oo 22/001 23/001 24/00 w/w NAN HN EmS W/M 00/OO" 10/00 1112/00 16/00 17/00 19/00 HTw l/S mMO 24/08 »/08 27/88 24/88 NAN
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      738 41 pptng i imes, r riaay August 11> i»r» FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LIME: *****33 (24 LINES) I GOTHENBURG/SCAN 14/8 ROTTERDAM 13/8 I AARHUS/COPEWHA6EW 14/8 HAMBURG/BREMEN 14/8 I MARSELLE/FRANCE *78 FELIXSTOWE/UK 15/8 I BARCELONA/SPAM «?8 LEHAVRE/FRANCE 17/8 I GENOA/ITALY W/8 ANTWERP/BELGIUM
      738 words
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      698 41 WmSSSSSSS^MTL^ ijjjgg^" lyjiati vqy mm jkt [|vtBB«L I voy I mm Ftw|^B Hb IBWA BHUM m Frt_ In Ft Tin 18/8 OCJA ■MUM 48» Ffi IM PI >1 W» VOY MN BKK 1 BHATRA BHUM 428 80l 18/8_ Tw 18/8 g KOTA MUUA MUUH» 9m Wl Tw 18/8 NANTABHUM MM
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      240 41 isrssssnssn^ IS TEL: *****33 (t2 UM) I IB FAX: *****19/*****03 I I D TELEX: R8 ***** RISMP (3 Unw) I BS2 CR NOj **********06 I I VMMI Va» LeedtegFer j I Abbey WonT 40WB ISMS Mombass. o»bouti AMSb Mtiiiwt I I Abbay Worn 41WB 20/10 Mombass. OpbouO I I Anst.
      240 words
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      470 41 SailJn*s SSSSSu^SSSBUZL BANBKK/lABI CHMMK/IAOd i«/»(IW) 2>/l (SAT) 11/» CniT] WW gLJW6/roiW6 I>/S (TOM). W» WO HON6IONE lt/l (UK). !>/» (FW) Man »/i (mt) MWA/cau/suac bat lt/t owe) HP 011—I (WO vmmn ivi tap turn i 4/« («w) V°lpongmama LINE! KSOL MP K M«■ I NCBOttLP MM 14/1 M Wt W*
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      1258 42 ■il^P'm^ffl™6i^™*9^^™M@B^ sl^elileßlßHsll§fl®B?3 ,i lB@<ltA (W» WWW < |^)tflnßj[^fr|wt GENOA/EURW^^^^^^ PtM Mtt SH 5 SMUNGS/MEK J® J* 11/8 12/8 13/8 HM/MBC/KH/lIHH 2/8 3/8 4/8 13/8 14/8 15/8 HKS/BKB/KB/WM ST»t/CTuf«l/ST«*l>/011. 14/8 5/8 16/8 ,5/8 18/8 17/8 W6/BKK/KEE/KHH fj™ 11/1 !?3 18/8 SES&pu3a« JPN/KOREA/MANILA I PORT KELANQ/PENANO/P. QUDANQ Marita/Ctbu 17/8 18/8 19/8 KEELUNQ/KAOHSHJNG
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      170 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD tit IU o» VQK mi HUMS KMK UM m Lojdni toe Mai* ■MM HUOHU to> (tota Douii in lO«*N| fW IW» rnmswnc s*w L o**«t Fw Malt —an a/; Im*« For Malt mam isan loata« tor Mate men OICANT 19/1 W« Im*«
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      919 42 O THONG SOON UNES PTE LTD /\V\ 78 SHENTON NAY #10-01, SMGAPOK 0207 I VJ V/ TEL: 227-5011 FAX: 227-CO 11 I TLX: IK ***** CARRO, RS ***** OWOL CABLE: TOSOCO I a rmmm mmmm ccmm r I BINQA EXPRESS SINGAPORE TO SARAWAK TOTWULAHO VESSEL VOT" STORE REST jgft Wl
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      589 43 WSV'EVERETT ORIENT LINE" JAP AM/BAY OF BENGAL/JAPAN SERVICE ACCEPTM HOU/SOC CMCK! TO/FWM KOK. TOKONMM, MGOVA. ma. nam*, kmu* o»»w, Pang* P. K*n| Snm EH*' < kMMEVEKTT VIK 14/15 Auf KAMALEVEIETT V22E 05/06 S«pt IWEWETTHOE 19/20 S«p 21/22 S«pt ACCOTM KWWRtyW CMOOQ TO/FBOM CHTTAfiWfi. CALCUTTA MB MONGU* Sacvort P. Kitan* Pwanj*
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      241 43 Pr, «tv ummm REGULAR LINER SERVICE TAIWAN TO SINGAPORE A ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: *****M0000W SP PKL PNG KAO GLORY SELATAN X 7/8 16/8 GLORY SELATAN VII 22/8 24/S SP KOMPONG SOM GLORY SELATAN V 17/S 20/8 LMER SERVICE USA, VANCOUVER, VERACRUZ TO FAR
      241 words
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      431 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE BUMMM 124-M 31/ M 10/ M HYtOABAD IWi 17/W 27/ M WMOUW 151*R 21/09 t/U yuan* mm »/n ia/i> FAR EAST CONT/UNEH SERVICE ONLY yw7""""^^^"^o77ar"THKr"Tsr7«r7iSc*Troir" M mmm i«3 i/www u/w 21S a/w HTPERASM 1134-OMI2/U 111/*****/*****/*****/*****/10 SEA-PAC MANAGEMENT PTE. LTDT rm S
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      597 43 """MB FOfmawmv cmrcct container service SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS V*SSCL Sm UMW P.CUZAKTH CPT LOS shun me/ios 11/oa 2s/os 2«/oe 02/0B ib/ob TAO ME/87 2«/Oa 09/09 10/08 IS/OB 30/08 JIAN ME/87 11/oa 28/ OS 28/0« 02/10 IS/IO HUI HE/tOS 28/ OS 08/10 10/IO 18/10 SO/IO ACCEPTS CARGO TO JOHANNESBURG
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      253 43 si mm 16/08 KEELUNG/KAOHSIUNG 14/08 BANGKOK 14/08 MANHA/CEBU 14/08 JAKARTA/BELAWAN/SURABAYA 14/08 PORT KELANG/PENANG/E. MALAYSIA 14/08 BUSAN 14/08 TOKYO/YOKO/KO6E/NGO/OSA 14/08 HONG KONG S|N CHINA (+B#±**n) 14/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAJKOU also accepting LCI cargo m EUROPE/UK 15/08 LDN/FLX/LVP/SOU 15/08 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA ss 14/08 LOS
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      797 44 PHI LI-on If NT UN€S PU LTD I V —lo6 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Keiang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0HL jtsL s™ XT A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 20 AUG SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 18
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      291 44 y Conform CONTEEM FREIGHT (F.E.) PTE LTD. AUCKLAND 18 AU6UST (Accepting to o8 Mow Zoolond porta) PENANO MAIM JAKARTA 14 AIM PORT KLAIM 18 AIM BANGKOK 14 AIM MELBOURNE 22 AIM SYDNEY 22 AIM BNIOOANE 22 AIM FREMANTLE 14 AIM AOELABE «AIM 'ACCEPTMO TO ALL SCANONMVU PORTS BORMAY 14 AIM
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      Page 44 Advertisements Column 3
      382 44 Next Week's Sailings T u tsr p u< FIRST FORWARDER IN To: ETD To: ETD ASIA awarded Singapore Singapore ISO 9002 by lrqa EVERY EVERY t Bangkok SUN Jakarta SUN EVERY EVERY kXI Manila SUN Ho Chi Minh FRI (f fUI j EVERY EVERY VSfyfel Colombo TUE Limassol THUR CJg-J|
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      23 44 Coiling: FAR EAST, INDIA. AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, USA. ORT CMT Liner ExpicM Agendo Ptc LtJ II Hot Lke i 22-007-22
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      1349 45 Iseama^rgentlnmjne^^l CONTAINERISED "HUB" SERVICE f DIRECT TO ARGENTINA/BRAZIL URUGUAY V I FRANCISCA SCHULTE 02E 15/ OS l»/09 21/09 26/09 I 27/09 I 30/09 I 24/10 ALEXAMOCR SCHULTE 03E 02/09 07/10 09/10 14/10 I 18/10 I 10/10 I 13/11 ONOfUI 03E 04/10 00/11 10/11 15/11 I 10/11 I 10/11 I 21/11
      1,349 words
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      Page 45 Advertisements Column 2
      448 45 CEYLON SHIPPING CORPN rcSgSh National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS mm vm wi u/w n/w toman Wn> wn M/M WntASM iHMMH >W1 11/ M tt/M mi knu ww turn mm u/w u/w vim u/w mm ntu auto mm u/w mm n/m mm u/w
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      Page 45 Advertisements Column 3
      511 45 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.48 I VESSEL N. KNUPSKAYA PRIMORSK PAVLOONAD PETRODVORETS PMOZENSK DCKABMBT FONTS ESI4 EBIB EBIB ESI7 EBIB ESI9 BUENOS AIRES' SaWd SUN 22-27/07 03-06/08 24-27/08 06-08/09 MONTEVIOEO SaW+d MM 28-29/07 08-07/08 29/08 09 10/09 RIO ON AN DO SO Satfrd 13-14/08 14-18/09 DURBAN 28/078 08-04/08 17/088
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      378 46 STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANQ/SINGAPORE VESSEL VOYAGE 3N PKL VESSEL VOYAGE SW PEN XOUR JAYA ****** 09/08 (THE) 11/08 (THU) MCC CONVEYOR 9433 10/0« (WED) 12/08 (FBI) MCC CONVEYOR 9433 10/08 (WED) 12/08 (FRI) XOUR JAYA *****N 12/08 (FRI) 14/08 (SUW) VIGOUR SPORE *****N 12/08 (FRI) 14/08 (SUN) VIGOUR
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    • Miscellaneous
      Page 46 Miscellaneous Column 1
      301 46 TODAY'S TIDES (height in metres) HOUR OOOO 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 230* JR 2.2 2.1 3.0 2.9 2.5 1J L2 0.7 0.5 0.4 M 1.1 1J 2.5 2.7 2.7 2.5 2.0 1.4
      301 words
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      937 47 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG; *****61 Ipna* phe« ftp* I vessels vor I aw I rtm I ant* leh* I ham mx fel 10/ M 12/08 13/01 H. CHALLENGER 31 IN 15/01 02/09 04/09 05/09 04/09 04/09 06/09 17/01 19/01 20/01 H. PIONEER 310N 22/01
      937 words
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      Page 47 Advertisements Column 2
      467 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vissa vov y m kuc u mm mi ORANGE MOON M h« (Bkk lt/l) MBHUN 31 15/1 lt/l 12/1 29/9 COSMC LEADER 4< 14/1 19/9 II OUTBOUND VESSELS SP CMTTACONC/YANCON 8/S MV Tnuw Alto VU (RORO) SP DUMAI j
      467 words
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      Page 47 Advertisements Column 3
      924 47 JEDDAH/UK/CONTNENT I STORE ED S'TON HBURC RSAM UN AMt Atc»Mt Cjrf tor. OK 23/331 13/9 22/9 31/9 3/9 5/9 7/9 SmAumfim :toM UK ittlkMm, Mai mt (MM THAMES 24/132 17/9 3/9 9/9 9/9 RMMNm :I* M himmf, l—tai—. o*. MMMM IMMRNER EXPRESS 21/332 29/9 29/9 7/9 19/9 12/9 14/9 I*
      924 words
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      Page 48 Advertisements Column 1
      89 48 >~$!~?=!*'[-(?.|=`?%\{%*(&,&.%? uiiiiiui~^ M.V. "ESPERANZA ACT* VOY.tt Arrived 7th August 1994 Consignees of ill damiged vtaacls m hereby notified that a general survey will be heid on the 13th August 1994 0900-1200 hours st PT3. No further survey will be Aa Agents °Una Kinfcar ABMppingPtaUd Ttf: 20-0001 V F-igMW J [SHIPS
      89 words
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      Page 48 Advertisements Column 2
      99 48 "!%]<`(@"_/]><*|''!=-&~(,}}&]+| H Major European Grain Trading Company, a leader In the mm field, with extensive shipping interests M M seeks a mm ,r s jS|PPPPP|P|BHHPHppipilPpiMpil|HHppP9P|pp^pißipHiMMß^^ Pra-rtqulsltM: m Total fluency In English and Mandarin Minimum 7 yean experience In chartering In Asia mam Comprehensive knowledge of charter parties Hi Complete familiarity
      99 words