The Business Times, 26 August 1994

Microfilm: NL19570
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE BusinessTimes WE KNOW ASIA M ITA(P) 010/12/93 Friday August 26 1994 75 4
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow down 5.18 points
      66 1 Reuter NEW YORK Blue-chip stocks drifted slightly lower yesterday as the market paused to catch its breath after two straight sessions of gains. At lpm EDT, in the broader market, advancing issues led declines 10-9 on active volume of more than 174 million shares on the
      Reuter  -  66 words
    • Article
      Lock icon AT&T can acquire McCaw
      35 1 AP WASHINGTON A federal judge yesterday cleared the way for AT&T Corp, the largest US long distance telephone company, to acquire McCaw Cellular Communications, the leading US cellular telephone company. AP
      AP  -  35 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Thursday Change ST11 2,287.21 +8.39 KLSEComp 1,136.14 -5.43 Nikkei 20,443.29 -68.31 Hang Seng 9,336.11 +97.42 SET Index 1,444.72 -29.86 Jakarta Comp 502.96 +4.42 CLSA China B 1,134.83 +4.99 Aust All Ord 2,077.8 +16.7 FTSE 100 3,234.2 +29.0 Thursday Previous 2pm close Dow Jones 3,841.55 3,846.73
    163 words
  • Article, Illustration
    S'pore multimedia firms hit by price war, falling demand
    632 1  -  By. Joseph Rajendran SINGAPORE Local multimedia firms face a crunch, with a slowdown in orders from Europe and the United States and fierce price-cutting by rivals in Japan. In the fast-growing CDROM drive market a segment that holds the greatest promise
    632 words
  • Article, Illustration
    Hong Bee in M$10b township projects
    411 1  -  Group to develop its plantation land in Johor and KL By Schutz Lee SINGAPORE The familyowned Hong Bee Group has set up a subsidiary in Malaysia to turn plantation land which it owns in Johor Baru and Kuala Lumpur into townships. Hong Bee Land
    411 words
  • Article, Illustration
    Lock icon Sing dollar breaches S$1.50 against greenback
    303 1 SINGAPORE The Singapore dollar breached its psychological resistance at 551.50 against the US dollar yesterday but failed to end above it. Dealers reported that strong demand for the local dollar from foreign investment houses and Hongkong players pushed it to an all-time high of
    Source: Bloomberg  -  303 words
  • Article
    Regional markets disappoint
    268 1 SINGAPORE Regional stocks yesterday closed mixed, a disappointing performance considering the firm overnight performance by US equities. On Wednesday, the Dow Jones Industrials Average shot up 70 points or almost 2 per cent on news that demand for consumer durables in July was down 4.2 per cent
    268 words
  • Article
    DBS raises prime rate by half-point to 5.75pc
    454 1  -  Another round of rate hike looks possible By Quak Hiang Whai SINGAPORE DBS Bank will today raise its prime lending rate by a bigger-than-expec-ted half a point to 5.75 per cent, a move likely to spark off another round of rate increases
    454 words
  • Article
    Little danger of runaway bull market, bubble economy: Dr Hu
    291 1 SINGAPORE Finance Minister Richard Hu sees little danger of a runaway bull run in the stock market or a bubble economy developing in Singapore. "The price earnings ratio of our stock market currently is still in the low 20s, unlike
    291 words
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      190 1 lASITsno^ I COMPUTER PRINTER I I RIBBON MANUFACTURER I i^AiirrftiTC SpweNew 2 Regional News 3.4,6 Financial 22.23 World News 7,8 Futm Analysis 15 Oob/RLSE. SES 26-28 Edrtonal 14 Repwwl 24 Sports 9 World 25 TV/Lif«style 11 Currencies 22 Advertising 12.13 Simex/Commo ...22.23 StinrlpU— Tel **********7 Fax *****75 IT Ncwsdmk Tel
      190 words
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      8 1 Advertising: Pg 12 In search of perception pay-off
      8 words
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      9 1 Hack Lock Siew: pg 17 Can Semcon lift RDC?
      9 words
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      Page 1 Advertisements Column 4
      5 1 Regional market reports, Pr 24-28
      5 words
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      102 1 :?;S- > Tel: 250 8070 Fax: 250 8471 t&dttom Line: Pg 16 yiope yet for Clinton Parliament reports, Pg 2 $[_`**;&'{>">{{=?(?}][($.\:)/}" SBS earnings fall 4pc, Pg 17 Other results: Insurance Corp, Pg 17; Goodman Fielder, Pg 18; Cheung Kong Holdings, Pg 20 m ton MINI rvc MOUOGlass 302Ocf*ORJBooo ilfro3'orgBu*»ng Sngacorao923
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Cheaper fuel weighs down index
        373 2  -  By Genevieve Cua ANOTHER fall in the export price of mineral fuel was the main cause of a 5.2 per cent dip in the export price index in the second quarter of this year. Export prices of mineral fuel and oil products were 19 per
        Source: Dept of Statistics  -  373 words
    • Article
      HDB sells 14 land parcels, 13 for residential development
      296 2 THE Housing and Development Board is selling 14 more land parcels one for commercial use and the rest for housing. The 0.98-ha commercial site, next to Bukit Batok MRT station and bus interchange, is for retail, office and entertainment use. Property
      296 words
    • Article, Illustration
      Retailers tackle slump with action plan
      371 2  -  Glut looms with addition of 500,000 sq metres in shopping space Reports by Corinne Kerk CHALLENGES in the tough retailing industry and how retailers can face up to them have been the focus of a twoday Singapore Retail Industry Conference which started yesterday. Teh
      371 words
    • Article
      Department stores upgrade to beat doldrums
      382 2 RETAILERS are taking the difficult trading conditions in their stride. Isetan, for instance, has embarked on a $2 million renovation plan on its store in Wisma Atria shopping centre. Scheduled to begin on Oct 11, the renovations are expected to help increase the store's
      382 words
    • Article
      President's veto removed for defence spending
      499 2 Yesterday in Parliament AN EXCEPTION has been made to the Elected President's power to check spending of reserves when it comes to defence and security. This is contained in the Constitution (Amendment No 2) Bill 1994 passed yesterday by more than two-thirds of Parliament.
      499 words
    • Article, Illustration
      Bill promises to be sympathetic to bankrupts hit by misfortune
      405 2 THE proposed Bankruptcy Bill contains a more liberal regime that is sympathetic to those who go bankrupt through misfortune rather than malpractice, said Law Minister S Jayakumar yesterday. In presenting the Bill for its second reading in Parliament, Prof Jayakumar
      405 words
    • Article
      Parallel imports of all copyrighted items to be allowed in
      294 2 PARLIAMENT yesterday ap9rovedL4k£iU which would allow parallel imports of all copyrighted products into Singapore. The Copyright (Amendment) Bill 1994 allows importers to distribute legitimately reproduced products here regardless of who owns the local or overseas copyright. The Parliamentary Secretary for
      294 words
    • Article, Illustration
      Geylang East to be cultural, entertainment, commercial hub
      305 2 THE Urban Redevelopment Authority (URA) has announced a development plan covering 22 ha of land in Geylang East. Drawn up with the assistance of the Real Estate Development Association of Singapore (Redas), the plan envisages commercial investment estimated at between $2.5 billion
      305 words
    • PARLIAMENTBRIEFS
      • Article
        Nipped in the bud
        75 2 FINANCE MINISTER Richard Hu assured Parliament the practice of issuing pre-approved charge and credit cards has been stopped. Replying to a question from MP for Tampines GRC Chng Hee Kok. he said that the Monetary Authority of Singapore had sent out a circular to all card
        75 words
      • Article
        Taxing matters passed
        56 2 PARLIAMENT passed the Income Tax Amendment Bill 1994 after its second reading yesterday. The Bill gives legislative effect to income tax changes announced in the 1994 Budget Statement and other changes not announced in the statement. The Bill also fine-tunes the incentive schemes for Pioneer Companies. Singapore
        56 words
      • Article
        Comparing apples with oranges
        43 2 FINANCE MINISTER Richard Hu said that it would not be meaningful to rank the performances of The Government of Singapore Investment Corporation, the Monetary Authority of Singapore and Singapore Technologies Holdings as each of them performed a different function.
        43 words
      • Article
        Shuttle bus and taxi drivers
        86 2 MINISTER for Communications Mah Bow Tan said his ministry saw no grounds to provide bus operators with incentives to provide shuttle bus services for private estates. Mr Mah also said that the Registry of Vehicles would not issue taxi licences to individuals as experience had
        86 words
      • Article
        Another look at red-plate scheme
        32 2 "THE MINISTRY Of Communications is reviewing the Weekend Car Scheme in ofder to plug the loopholes tjfeoding to disprep§openates huge savings accruing to buyers of large cars.
        32 words
    • Article
      House extends law on criminal detention without trial
      180 2 PARLIAMENT has extended for another five years the law that gives police power to detain known criminals without trial. Asking Parliament to renew the law, tabled under the Criminal Law (Temporary Provisions) (Amendment) Bill, Home Affairs Minister Wong Kan Seng said it
      180 words
    • Article
      Debate needed on harmful ads: ministry
      226 2 DISCUSSION is needed on where to draw the line on advertising that could promote harmful values, the Ministry of Information and the Arts says. In a statement yesterday, the ministry supported comments by Prime Minister Goh Chok Tong, who said in his National Day
      226 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Boardroom coup gives Lucio Tan control of Philippine Airlines
      376 3  -  By Alec Almazan SINGAPORE A revamp of the board of Philippine Airlines has resulted in FilipinoChinese magnate Lucio Tan gaining control of the Philippine flag carrier. Two of Mr Tan's nominees were named directors, while one of his associates, Mariano Tan
      376 words
    • Article
      Lock icon Mahathir blasts anti-Asean logging moves
      226 3 Bernama LANGKAWI, Malaysia Prime Minister Mahathir Mohamad yesterday said some regional powers were offering money to persuade developing countries in the South Seas and other regions to stop the logging operations of Malaysian and other Asean companies. "We do no know what to call such
      Bernama  -  226 words
    • Article
      Myanmar private sector seeks JVs with S'pore companies
      387 3  -  rrom Loh Hui Yin in YANGON SINGAPORE, a small nation with no domineering policy towards neighbouring countries, would be a good economic partner for Myanmar, said Ko Ko Gyi, president of the Myanmar Chamber of Commerce and Industry yesterday. "We should aspire
      387 words
    • Article
      Lock icon KL wants special Afta arrangement to deal with farming, timber issues
      353 3 MBT KUALA LUMPUR Malaysia has proposed that a separate mechanism be established to address the problem of including the Asean members' agricultural and forestry products into the Common Effective Preferential Tariffs (Cept) scheme. Primary Industries Minister Lim Keng Yaik
      MBT  -  353 words
    • NOTEBOOK
      • Article
        Lock icon Hanoi to boost consumer goods output
        102 3 Bloomberg Business News HANOI Vietnam's Ministry of Light Industry said it had drafted a plan to increase output of consumer goods in the next 10 years, Vietnam News reported yesterday. The plan calls for a US$lO billion (Ssls billion) investment, which would come from
        Bloomberg Business News  -  102 words
      • Article, Illustration
        Lock icon Al Arqam acts against Mahathir
        70 3 Reuter KUALA LUMPUR Mustapha Kamal Hussein (left), a member of Malaysia's banned islamic Sufi sect, A 1 Arqam, reading a statement to reporters on Wednesday as his companions held newspapers. The headlines quoted Prime Minister Mahathir Mohamad as saying earlier this week that A 1
        Reuter  -  70 words
      • Article
        Lock icon Indon firm launches Islam insurance
        85 3 AFP JAKARTA An Islamic insurance policy, providing interest free premiums, went on sale yesterday in Indonesia, an official said yesterday. PT Syarikat Takaful Indonesia (STI), a holding company for two subsidiaries selling life and general insurance, was officially launched later yesterday by Finance Minister Mar'ie
        AFP  -  85 words
      • Article
        Lock icon Foreign investment in KL rises
        75 3 AP KUALA LUMPUR Malaysia has approved more foreign investment in the first seven months of this year than in all of last year. The top five investing countries are Taiwan, Japan, Hongkong, Singapore and the US, International Trade and Industry Minister Rafidah Aziz said yesterday.
        AP  -  75 words
      • Article
        Lock icon Bangkok to limit cars in city centre
        66 3 AFP BANGKOK In its latest bid to solve Bangkok's worsening traffic problem, the Thai government has accepted a proposal to limit the number of cars in the capital's centre. Possibilities include banning cars from the zone during peak hours, charging tolls or requiring
        AFP  -  66 words
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      81 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINAWATCH
      • Article
        Lock icon Shenzhen cuts B share trading fee
        114 4 Bloomberg Business News BEIJING One of China's two stock markets, the Shenzhen securities exchange, has cut its fee for transactions of B shares by a quarter to boost the B share market, the otYicial China Securities newspaper reported yesterday. The paper said the lower
        Bloomberg Business News  -  114 words
      • Article
        Lock icon Tokyo firm takes stake in China rail
        97 4 AFP HONGKONG A Japanese investment firm is expected to take a major stake in a planned six billion yuan (551.04 billion) railway project linking Guangzhou and Zhuhai, the Hen Wei Po daily reported yesterday. Final stage of negotiations with the unidentified Japanese company
        AFP  -  97 words
      • Article
        Lock icon China's 60,000 false data reports
        65 4 AP BEIJING China's National Statistics Enforcement Office reported yesterday that it has uncovered about 60,000 instances of false statistical reports since it began cracking down on the problem in June. False reports of industrial output, particularly by local and rural enterprises, were the most widespread
        AP  -  65 words
      • Article
        Beijing's phone target for year 2000
        108 4 BEIJING With 100,000 Beijing residents on the waiting list for a telephone, the Chinese capital has unveiled an ambitious plan to provide one telephone for every two people by 2000, China Daily said yesterday. Beijing's 11 million residents have the highest ratio of any
        108 words
      • Article
        Lock icon Taiwan president slams US sanctions
        67 4 AFP AFP TAIPEI Taiwanese President Lee Teng-hui yesterday criticised A US decision to impose trade sanctions against Taipei, saying that the move seriously distorted Taiwan's image and undermined its conservation efforts. The president's remarks come after the United States on Aug 19 banned certain Taiwanese
        AFP  -  67 words
    • Article
      Lock icon US sanctions on China likely to remain for a while: Brown
      246 4 Reuter WASHINGTON Despite a distinct warming in US-Chi-nese economic ties. United States Commerce Secretary Ron Brown has warned China that it should not expect a speedy end to five years of US sanctions. Mr Brown starts an eightday trade
      Reuter  -  246 words
    • Article
      Lock icon No farther moves from HK govt to cool property market
      333 4 AFP Bloomberg Business News HONGKONG The Hongkong government has decided against any further measures to stem the overheated property market, prices having moderated considerably since May. Tony Eason, secretary for planning, environment and lands, yesterday said the government's measures introduced
      AFP; Bloomberg Business News  -  333 words
    • Article
      Lock icon World steel market destroyed, Beijing to blame: traders
      422 4 Reuter HONGKONG Thoughtless and unnecessary steel purchasing by China has knocked the wind out of the domestic market, leading to enormous stockpiles, rock-bottom prices and no recovery in sight. Industry sources yesterday said the buying binge dragged down the world market over
      Reuter  -  422 words
    • Article
      Lock icon State-run textile firm in Wuhan goes bust with 158m yuan debts
      211 4 AFP BEIJING A large state-run textile firm in the central Chinese city of Wuhan, employing nearly 4.000 workers, has been declared bankrupt, with debts of ISB million yuan (5527.6 million), China Daily said yesterday. In one of the largest
      AFP  -  211 words
    • Article, Illustration
      Lock icon Taiwan businessman in arms scandal jailed
      235 4 Reuter TAIPEI The Taiwan High Court on Wednesday sentenced an arms dealer to 10 months in prison, the first businessman to be jailed in a scandal over sales of military secrets. Chu Peng-li was convicted of leaking military secrets after illegally obtaining classified documents
      Reuter  -  235 words
    • Article
      Lock icon HK's top spot in broadcasting under threat from S'pore
      465 4 Bloomberg Business News HONGKONG Hongkong's pre-eminence in Asia's rapidly growing broadcasting industry is under increasing threat from Singapore. Secretary for Recreation and Culture James So, speaking in Vancouver on Wednesday, said: "As things stand at present, it may seem more attractive
      Bloomberg Business News  -  465 words
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      196 4 J ve t 0s Show You H° w You For Yo I Visit us at We stinPl a z a L eve 14,H u I let Room i on the 27th and 28th August 1994. 1 S&UctCy Price*. Approved by the Australian Government for sale to non-Australians H showroom fTyjljTP|
      196 words
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      105 4 I A TASTE INDONESIA INDONESIAN DINNER SHOW 15 to 31 August 1994 Join us at SIGGI'S BY THE SEA for superb Indonesian dinner cuisine and an impressive showcase of Indonesian traditions. Dinner show nightly. An unforgettable and elegant evening at only $42.00 per adult and $28.00 per child. (Subject to
      105 words
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      155 5 Engineered to move the human spirit. j Bte£- H!S®few > v'. j^a'dfeV■•'' VI 5 :>£ r 'v''MM L)^, -Vwi C' > *<£ N■• > v<y v v ~W^l£ N^ "^*-v?%fiv^*'_'/}*<4mE? i i ,TTrro^^^^^ J&-- >tt^7 B4 ■nc£^/y' *> .MMyPy Mother Nature gave man the most sophisticated mode of transport. The
      155 words
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  • REST OF ASIA
    • Article
      Lock icon Japan to allow foreign public fund advisers
      299 6 But its finance ministry warns of risks involved NYT TOKYO Japan's Health and Welfare Ministry is planning to allow investment consultancy firms to manage Japanese public pension funds beginning in fiscal 1995, ministry officials said on Wednesday. The ministry's proposal, which would include
      NYT  -  299 words
    • ASIANOTES
      • Article
        Lock icon Japan team gives US apples pest test
        93 6 AP WENATCHEE, Washington Japanese plant and fruit inspectors arrived on Wednesday to work out final inspection arrangements before Washington apples are exported to Japan. Japanese officials agreed earlier this month to allow the importation of some Washington apples despite opposition by Japanese apple
        AP  -  93 words
      • Article
        Lock icon Osaka to host Apec meeting
        66 6 Reuter TOKYO Japan will host the annual ministerial meeting of the Asia-Pacific Economic Cooperation in Osaka next year, a Foreign Ministry official said. "We will host the seventh Apec conference in Osaka city around November next year," he said. An Osaka government official said an
        Reuter  -  66 words
      • Article
        Lock icon BJP leader shot dead in Bombay
        82 6 AFP NEW DELHI Gunmen yesterday shot dead a senior Hindu politician outside his home in Bombay, the Press Trust of India reported. Ramdas Nayak, president of the city chapter of the Hindu-revivalist Bharatiya Janata Party (BJP, or Indian People's Party), was shot in the
        AFP  -  82 words
    • Article
      Lock icon Nawaz Sharif defends N-bomb claim
      135 6 AFP ISLAMABAD Former Pakistani prime minister Nawaz Sharifs claim that his country had a nuclear bomb was aimed at preventing an attack by India on Kashmir and heading off any compromises on the nuclear issue by the government of Benazir Bhutto, press reports said yesterday.
      AFP  -  135 words
    • Article
      Lock icon India gives up state monopoly on broadcasting
      297 6 Reuter NEW DELHI India is giving up its state monopoly on broadcasting, allowing private stations to operate and to use satellites to broadcast inside the country. The Economic Times yesterday said the monopoly of state-run Doordarshan television was effectively breached by Hongkong-based satellite
      Reuter  -  297 words
    • Article, Illustration
      Lock icon Cable bridge to city centre
      66 6 Reuter SYDNEY Site worker Luke Sullivan watching as the sun set over the construction of the new Glebe Island Bridge yesterday. The bridge will link the city centre with Sydney's western suburbs and improve traffic flow to the Sjdney 2000 Olympic site. The Asl7o million
      Reuter  -  66 words
    • Article
      Lock icon Sri Lankan fuel, bread prices to fall as part of poll promise
      178 6 Reuter COLOMBO Sri Lanka's new People's Alliance government is cutting bread and fuel prices to fulfil an election promise, Finance Ministry officials said yesterday. The government has also started a clean-up of the Treasury, which was plundered under
      Reuter  -  178 words
    • Article
      Lock icon India drafts law for paperless share trades
      193 6 AFP BOMBAY India's chief stock markets regulator has said the government will introduce paperless trading as part of modernisation plans for the country's bourses. "We will soon be moving into paperless trading," Suresh Nadkarni. chairman of the Securities and Exchange Board of India
      AFP  -  193 words
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      888 words
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  • THE WORLD
    • Article
      Lock icon US budget office projects higher economic growth, lower deficits
      462 7 Bloomberg Business News WASHINGTON The Congressional Budget Office (CBO) on Wednesday projected higher economic growth and lower deficits this year and next than it anticipated earlier this year. In its budget and economic update, the CBO said: "A recent surge in
      Bloomberg Business News  -  462 words
    • Article
      Lock icon Fed governor warns of bias in computerised loan assessments
      358 7 Reuter HOUSTON The increasing use of sophisticated computer systems with limited human decisions for consumer loan applications are hurting minorities whom the systems seek to help, a top government official said. "We're going to realise too late that statistically based procedures
      Reuter  -  358 words
    • Article
      Lock icon Clinton urges end to Arab boycott
      90 7 Reuter WASHINGTON President Bill Clinton on Wednesday urged an end to the Arab economic boycott of Israel, saying it now harms Palestinians as well as Israelis. "The boycott must be ended," Mr Clinton said by satellite hookup to a Chicago convention of the Jewish
      Reuter  -  90 words
    • Article
      Lock icon IMF chief meeting Fujimori for talks
      82 7 Reuter LIMA International Monetary Fund managing director Michel Camdessus was expected to meet President Alberto Fujimori yesterday, an official said. A source at PromPem, the state's foreign investment promotion agency, said: "It is likely that President Fujimori tomorrow will invite Camdessus to inaugurate a
      Reuter  -  82 words
    • Article
      Lock icon German deficit could be lower: Waigel
      110 7 Reuter BONN Finance Minister Theo Waigel said Germany's 1994 government deficit could be lower than previously forecast because of higher-than-expected economic growth. "It could be that by the end of this year, we see a deficit a few billion marks lower than expected, so
      Reuter  -  110 words
    • Article
      Lock icon E German industrial output up
      115 7 Bloomberg Business News BONN Industrial production in eastern Germany rose 5.3 per cent in June from May and was up 15 per cent from a year ago, the economics ministry said. Manufacturing output in the five eastern states jumped 6.7 per cent in the month,
      Bloomberg Business News  -  115 words
    • Article
      Lock icon Dutch economy heating up
      90 7 Bloomberg Business News AMSTERDAM Consumer spending in the Netherlands rose 2.2 per cent in the first half of 1994, compared with a year earlier, the Central Bureau of Statistics said. It said that's the biggest increase since the second half of 1992. The latest consumer spending
      Bloomberg Business News  -  90 words
    • Article
      Lock icon EU behind Japan, US firms in E Asian investments: report
      291 7 FT BRUSSELS Pharmaceuticals, telecoms, computer and office equipment, and plastics processing -are among the six leading growth sectors in European industry, according to a study published yesterday by the European Commission. The 1,400-page report says a surge in demand for
      FT  -  291 words
    • Article
      Jeffrey Archer admits grave mistake, Labour has a field day
      524 8  -  From Neville Stack in LONDON NOVELIST Jeffrey Archer, one of Britain's richest men and former Conservative Party deputy chairman, has broken his silence over allegations of insider dealing in shares of a company in which his wife is a director
      524 words
    • Article
      Lock icon The days of high risks are over for British banks
      389 8 Reuter LONDON Britain's major banks will in the near future bear a closer resemblance to their traditional image of institutions steeped in conservative business practices, analysts said. "At the moment the banks are looking for lower risk activities," said banking
      Reuter  -  389 words
    • Article
      Lock icon Washington going all out to ensure fair play for US businesses
      311 8 Reuter BANGKOK The United States government is ready to use its money and influence to help American businesses win contracts they might otherwise lose in unequal or unfair bidding conditions, a US official said yesterday. Trade and Development Agency
      Reuter  -  311 words
    • Article, Illustration
      Lock icon Waigel the musician
      34 8 Reuter BONN German Finance Minster I heo Waigel conducting a brass band of the Aachen customs during the annual summer party in the garden of the finance ministry on Wednesday. Reuter
      Reuter  -  34 words
    • Article
      Lock icon Interest-rate policy will not be swayed by polls: Bundesbank
      501 8 Bloomberg Business News STUTTGART. Germany The Bundesbank won't permit Germany's upcoming parliamentary elections to influence interest-rate policy, said Guntram Palm, a member of the bank's central decision-making council. In an interview with Bloomberg Business News, he also warned that continued money
      Bloomberg Business News  -  501 words
    • Article
      Lock icon Nuclear smuggling on G-7 agenda
      168 8 Reuter BONN German Finance Minister Theo Waigel said yesterday nuclear smuggling belonged on the agenda at the next Group of Seven (G-7) industrialised countries summit, regardless of the origin of the contraband. The problem will be discussed at three separate meetings of European Union ministers
      Reuter  -  168 words
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      137 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
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      Page 8 Advertisements Column 2
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  • SPORTS
    • Article, Illustration
      Lock icon Friendly Games marred by racism and drug abuse charges
      620 9 AFP VICTORIA Kieren Perkins set the Commonwealth swimming pool alight on Wednesday but everywhere else the Games were engulfed in flames of controversy. As Perkins was shattering his own 1,500 metres freestyle world record, African boxing officials lashed out at alleged
      AFP; Reuter  -  620 words
    • SIDELINES
      • Article
        Lock icon Seoul in bid to host World Cup 2002
        127 9 AP SEOUL South Korea's government yesterday threw its full weight behind Seoul's bid to host the World Cup soccer games in 2002. Currently, a private organisation is spearheading the fierce campaign against Japan to become the first Asian nation to host the
        AP  -  127 words
      • Article
        Lock icon 100 years of Olympism
        125 9 AFP PARIS "The future belongs to sport and Olympism," the president of the International Olympic Committee, Juan Antonio Samaranch, said here on Wednesday. Mr Samaranch, arriving for next week's centenary lOC congress, added: "All the statesmen I've met are unanimous in saying that the Olympic Games
        AFP  -  125 words
      • Article
        Lock icon Lemieux taking break from ice hockey
        134 9 AP PITTSBURGH Mario Lemieux is expected to make official in a few days what the Pittsburgh Penguins have known for weeks: he's not going to play ice hockey this season. While Lemieux isn't ready to announce his retirement he will take a fully paid,
        AP  -  134 words
      • Article
        Lock icon Saudi Arabia overruns Taiwan
        98 9 AFP WILLIAMSPORT, Pennsylvania Ronald Baptiste's two-run home run gave Saudi Arabia a 3-2 victory over Taiwan here on Wednesday and a place in the semi-finals of the Little League World Series youth baseball tournament. Taiwan had reached the final in 17 of 18 prior appearances here
        AFP  -  98 words
      • Article
        Lock icon S Africa names new rugby coach
        80 9 Reuter JOHANNESBURG Transvaal coach Kitch Christie was named on Wednesday as coach of South Africa's national rugby union team, replacing lan Mcintosh who was sacked following an unsuccessful recent tour to New Zealand. The executive committee of the South African Rugby Football Union announced
        Reuter  -  80 words
    • Article
      Lock icon Perkins' smashing win adds to bountiful Aussie golds
      528 9 AFP VICTORIA Kieren Perkins capped a stunning return to form by smashing his own 1,500 metres freestyle world record to claim his fourth Commonwealth Games gold medal here on Wednesday. The 21-year-old Australian clocked 14:41.66 to add the 1,500 m gold to
      AFP  -  528 words
    • Article, Illustration
      Lock icon Bush turns ambassador for golf, Price bounces back after cancer surgery
      510 9 Golf AP AKRON, Ohio Former president George Bush is mighty picky when it comes to his golf gear. Bush, who played the North Course at Firestone Country Club on Wednesday before being named the PGA's "1994 Ambassador of Golf',
      AP  -  510 words
    • SCORECARD
      • Article, Illustration
        Commonwealth Games
        292 9 VICTORIA, British Colombia Selected results Wednesday: Athletics finals Men's 5,000 m: I Robert Denmark (Eng) 13:23.00 2 Philemon Hanncck (Zim) 13:23.20 3 John Nuttall (Eng) 13:23.54. Decathlon, Final Standings (10 events): 1 Michacl Smith (Can) 8,326 pts 2 Peter Winter (Aust) 8,074 3 Simon Shirley (Eng) 7,980. Women's
        292 words
      • Article, Illustration
        Tennis
        90 9 SCHKNECIADY, New York OTB International Open 2nd rd Wednesday Men: Jan Apell (Swc) b 2-Carlos Costa (Spn) 6-1 6-4; Joem Rcnzcnbrink (Ger) b 5-Javicr Sanchez (Spn) 7-5 7-6 (7-5): Jacco Eltingh (Neth) b 7-An-drei Chesnokov (Rus) 6-3 6-7 (3-7) 6-1: Marc Goellner (Ger) b Alex Antonitsch (Aus) 7-6 (7-4)
        90 words
    • Article
      Lock icon Sidek and Zarinah make short work of opponents
      274 9 AFP VICTORIA Both Commonwealth singles titles took a rapid step in the direction of Malaysia on Wednesday when the two top seeds won their opening matches in less than 15 minutes. Rashid Sidek. the men's holder from Malaysia, came through 15-1, 15-1
      AFP  -  274 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      1433 9 BUSINESS TIMES TOI L—FREK TEL No 1-aOO-7«1-iag3 FAX 7«1-1 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND M THE MATTER OF JAJEY MARITIME PTE. LTD. (In Munbin 1 Voluntary Liquidation) NOTICE OF RESOLUTIONS Alan Extraordinary General Meeting of the members of the abovenamed Company duly convened and held
      1,433 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      603 10 M Nothing Beats A Bud. ffuwo or FRESPfI PASTA bAI LY. W From Pasta Fresco. Tho only restaorant to moka Its own specialty pasta. Fresh, •veryday. Savour perfect pizza, great golati and terrific Tiramisu AH topped with Italian hospitality. Porta Fraxo Da Su*»u>m« M Ltd 30 Boal Quay. SIOIO4I I
      603 words
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      Page 10 Advertisements Column 2
      296 10 WHERE TO WINE, DINE AND ENTERTAIN 'Thai Food ■r Desserts Festival 8-28 August Try a sumptuous Thai buffet with a whole array of the most delicious desserts prepared by Thai chefs from Royal Princess Hotel, Bangkok. Available for lunch or dinner at 18.50 (adult) $12 (child). Menu changes regularly Prices
      296 words
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      Page 10 Advertisements Column 3
      253 10 !»S "XT (V,,. tMH+ttinH*)- Muomumof 'Maximum of <PackfigtC- IS persons) 10 persons) $180++ (Maximum of -j a He:S Kfiom. for a song. tJ s«rnumwh«iu. call iu at 7M6151 between It JOom and <* Alt iJlfl after SJOjm. I jl^iy m«j err nrfprt to statu charge uU prevading »~T*—»« government lifts
      253 words
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  • LIFESTYLE
    • Article
      Lock icon A tale of The Bandit Queen
      494 11  -  Indian story of caste brutality shocks film festival, reports Gareth Jones Gareth Jones Reuter INDIAN film director Shekhar Kapur did not mince words on Tuesday when he introduced his controversial film about the brutal exploitation of women and the power of caste in his
      Reuter  -  494 words
    • Article, Illustration
      Lock icon Stolen Picasso painting found
      66 11 Reuter BRUSSELS A Picasso painting valued at US$l3 million (Ssl.9 million), which was stolen from a museum in Stockholm in Sweden last November, was found in Brussels on Tuesday, police said. The painting The Woman With Black Eyes was taken from the museum in Sweden along
      Reuter  -  66 words
    • Article
      Lock icon Michael Jackson sued for cancelling concerts
      354 11 CHATTERBOX AP AP UPI UPI UPI A CHILEAN promotions company is suing pop star Michael Jackson for US$5 million (557.6 million) for cancelling two concerts last year. The lawsuit was filed recently in Los Angeles, said Ernesto Claveria, president of Prodin Productions. Attorney Alfredo
      AP; UPI  -  354 words
    • Article
      Lock icon French rank Schiffer, Newman as world's sexiest
      139 11 Reuter FRENCH people rank German supermodel Claudia SchifTer and US actor Paul Newman as the world's sexiest woman and man. according to a poll published on Wednesday. The poll, in the weekly magazine Paris Match, said SchifTer edged out American supermodel Cindy Crawford
      Reuter  -  139 words
    • Article, Illustration
      Lock icon Napoleonic Society debate – was Bonaparte murdered?
      488 11 Napoleonic Society debate was Bonaparte murdered? Reuter A FORELOCK snipped by a maid from Napoleon Bonaparte's head hours after his death is at the centre of a debate over whether the former French conqueror was murdered, and if so, by whom. A few hairs from the locket, to go on
      Reuter  -  488 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      71 11 fl!tm^\ -J* INDONESIAN AjSj Jx RESTAURANT Yellow Rice, Avocado Shake BUSINESS HOURS Lunch 12 noon to 3pm (last order 2 45pm) Dinner 6pm to 10 30pm (last order 9 45pm) VAIU Coffee Hours 3pm to 6pm SAT-SUN K PUBLIC HOLIDAYS: \/j I Lunch :11 30am to 3 30pm (last order
      71 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1294 11 TV RADIO HWVTrVTTTTmH flf "J Little Nikita, Bpm, SBCS River Phoenix is a normal TV teenager who is traumatised 1 ly when FBI man Sidney Poitier I B starts checking up on his par- 1 At, ents (Richard Jenkins and Car- ||w| Bi pj| oline Kava). It turns out that
      1,294 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      In search of that perception pay-off
      989 12  -  Burson-Marsteller's new chairman talks to Juliette Walker about getting the company back on the growth track Juliette Walker JAMES LINDHEIM has a lot on his mind. As the new chairman of Burson-Marsteller, he heads the world's largest public relations firm with 1,700 employees (340
      989 words
    • Article
      Lock icon Fast food tops menu in British petrol battle
      566 12 Reuter THE BATTLE for market share at Britain's petrol stations is hotting up and the front-line weapon that retailers are turning to is fast food. Major oil companies and independent retailers have tuned in to a change in the eating habits of
      Reuter  -  566 words
    • Article, Illustration
      Country Road opens first store here
      599 13  -  The Aussie fashion house braves retail gloom, reports Tan Su Yen Tan Su Yen Australian fashion retailer. Country Road opens its first Singapore store in Ngee Ann City today, describing the store as "a little bit of Australia in Singapore". Country Road's Orchard Road
      599 words
    • Article
      Macro Communications changes name to Mileage
      311 13  -  By Corinne Kerk j ÜBLIC relations firm Macro Communication A has changed its name to Mileage Communications and bought its own building. Macro was set up here in J 1992 as a joint venture ber tween Sydney-based Macro Communication Group and lo- cal businessman
      311 words
    • COPY LINES
      • Article
        Volvo sponsors golf tournaments
        73 13 SINGAPORE Volvo recently announced that it is sponsoring the Volvo Tour of China and the Volvo China Open golf tournaments, in collaboration with Richtone Worldwide Ltd and Sports Corporation. The sponsorship is for five years, from 1995 to 1999. The Volvo Tour of China will consist
        73 words
      • Article
        Ritz appoints sales, marketing director
        52 13 SINGAPORE The Ritz, London, has appointed Janet Hoolohan as director of sales and marketing. Miss Hoolohan moves from The Venice Simplon-Orient Express in London, where she was director of sales and marketing for UK and Europe. The Ritz, London is operated by the Mandarin Oriental
        52 words
      • Article
        Digital names agencies for accounts
        102 13 NEW YORK The Digital Equipment Corp said on Wednesday that it had selected three agencies to handle its advertising and marketing communications accounts with annual worldwide spending estimated at US$9O million (*****.9 million). DDB Needham Worldwide in New York was named as the worldwide lead
        102 words
      • Article
        Sun reviews software accounts
        108 13 NEW YORK Sun Microsystems Inc said on Tuesday that it had placed in review its systems and software accounts, with combined billings estimated at US$2l million (5531.7 million) to $23 million, after parting ways with Anderson Lembke in San Francisco. Colleen M Choy. a spokeswoman for
        108 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      429 12 25 28 August 1994 World Trade Centra Hall 4, 5 6 Singapore COMEX *94 The most comprehensive computer show brought to you directly by Eastern Directories Pte Lid. J?■. .4.^ COMEX *94-The only true total-solution show that includes software programmes such as Financial, Shipping, Manufacturing, Clinic, Chinese, Trading, F B,
      429 words
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      Page 12 Advertisements Column 2
      224 12 SufienSwl HOLDINGS LIMITED Superßowl Holdings Limited (Incorporated in tH« RopuMc of Singoporw on 3 Moy 1994) Invitation in respect of 50,000,000 Shares of $0.15 each comprising 42,000,000 New Shares and 8,000,000 Vendor Shares as foikms:(I) 35,000,000 Shares at a fixed price of $0.86 for each Share; and (ii) 15,000,000 Shares
      224 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      211 13 OH OJISirE CREATED I) BY ThJE LE6SI&ARY MO6£JL. J/J he legendary Kublai Khan was not only famous for being the great congueror of a large empire in Chinese history. He was also renowned for creating the art of mongolian 3-^ barbecue, which became the special \L~JI hallmark of mongolian cuisine.
      211 words
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      Page 13 Advertisements Column 2
      10 13 MAXIMISE TOUR GAINS with Personal Finance and Investment on Saturdays
      10 words
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      Page 13 Advertisements Column 3
      1033 13 #|4P Goodman Fielder Asia Holdings Limited (Incorporated in Singapore) The Directors of Goodman Fielder Asia Holdings Ltd (GFA) announce a Group turnover of $166.8 million and profit before tax of $10.0 million. Direct comparison with the previous year however is not meaningful as the 1994 figures do not have retail
      1,033 words
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  • Article
    High taxes aren't always bad
    544 14 EDITORIAL THE simplistic view that most people take (and who can blame them) is: high taxes are bad; low taxes are good. This is currently happening in Britain, where taxes and their consequences are being hyped up to the despair of those who believe that
    544 words
  • WHAT THE OTHERS SAY
    • Article
      The new revolutionaries
      259 14 INDUSTRIAL REVOLUTIONS produce winners. But they also produce losers, at least in the short term. In his National Day Rally speech, PM Goh Chok Tong spoke of Asia experiencing the biggest industrial revolution in human history. The transformation would take three to four decades and it could
      259 words
    • Article
      Uphold traditional family values
      148 14 WHEN PM Goh Chok Tong talked about the need for Singaporeans to uphold their traditional moral and family values, he was reiterating an important point about the secret of our economic success. Many may not realise the importance and correlation between those values and our economic
      148 words
    • Article
      A challenge to US foreign policy
      130 14 AFTER HANDLING Haiti's "boat people", the US is now faced with Cuba's rafters. The US has some 50,000 Haitian economic refugees in Guantanamo Bay. With the pouring in of Cuban refugees, it could mean another catastrophe once Guantanamo is full. The US should start
      130 words
    • Article
      UN shows old-age symptoms
      175 14 THE OLD LADY located on a prime piece of land in New York, better known as the United Nations, needs revitalising; it has lost its zest for action and prefers to sit back and contemplate. This august body established after World War II appears to be
      175 words
    • Article
      Improve the reading habit
      196 14 EDUCATION, that great leveller of mankind, is hardly possible without the ability, not merely to read, but to read well. In its broader sense, education is a lifelong process and reading should ideally be a lifelong habit. But the ideal rarely exists in life and so
      196 words
    • Article
      Gravity takes control
      187 14 WHAT GOES UP must come down, even if it takes time. Yesterday's unsuccessful land auction showed that not even Hongkong's prices can defy gravity forever. Neither the HKS9SO million or HK53,500 per square foot paid by CITIC Pacific for a site in Tai Po nor the government's
      187 words
  • Article, Illustration
    The high price of going offshore
    1159 14  -  Tokyo is concerned about how rising foreign direct investment will affect Japanese manufacturing industries and labour. Anthony Rowley reports Anthony Rowley The writer is BT's Tokyo Correspondent JAPAN'S Labour Ministry announced this week that it intends conducting an inquiry into the "hollowing out" of
    1,159 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      62 14 VACHERON CONSTANTIN Geneva, since 1755 g 1 *i The world's oldest watch manufacturer Sote Agent and Service Centre: Luxtime Singapore Pte Ltd, 3918 Orchard Road #15-08. Ngee Ann City. Singapore 0923. Tel: (65) *****78 Fax: (65) *****74 Authonzed Retailers: Cortina Watch Tet *****28/*****84/*****28/*****07 Leong Poh Kee Tel *****98 Roy Eastern
      62 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      40 14 vovTHCXrr TV-US Fißr>o "We WORLD UXJULD \'ve thiwcwg.... &g Ber-reR Pi^ce..... r ASSOCIATED NEWSPAPERS LTD.. HIMW4 tifl 9257 POONESBURY GARRY TRUDEAU MR. CLINTON IS NOUJ ...AND NOUJ,TUB PR£SI(XNT APPROACHING TUB POPtUM. fr THE UNTIW STATES! CH6©SS /MfKUCUJ ■XT 1 g*
      40 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Tough job ahead restoring the lustre
      1249 15  -  Sri Lanka 'the Pearl of the Orient' entered a new phase last week. While Yogi Aggarwal discusses the tremendous nation-building tasks the plucky new prime minister faces, John F Burns focuses on what she plans to do about the pressing issue of Tamil separatism
      Reuter  -  1,249 words
    • Article
      Lock icon Hopes of peace after long years of war
      1110 15 NYT AFTER 11 years of war with the Tamil Tiger guerillas that have blighted this onceidyllic nation with assassinations, dead-of-the-night "disappearances" and mass graves, Sri Lanka has begun to hope that the worst of its nightmare may be over. Many in the
      NYT  -  1,110 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      65 15 ARE YOU A MEMBER OF THE KOOL KULT KLAN? The Premier Designer Dunearn k_ #03-01 Darby <2 Tel: 462 2155 (Showroom) 462 3155 (Office) < Opening Hours: H| 10am to 7pm (Monaay Saturday) 11 am to spm (Sunday Public Holiday) Exclusive Agent for: Accademia, Acerbis, Arteluce, Cassina, Classicon, Desede, Design
      65 words
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  • Article
    Lock icon Japan pessimistic about early trade accord with US
    410 16 Reuter TOKYO Japanese officials are increasingly pessimistic about the chances of an early trade accord with the United States, which is threatening sanctions if there is no agreement by Sep 30. "1 am not optimistic, not at all," a top policy-maker at
    Reuter  -  410 words
  • Article
    Lock icon Anwar leads top business team to expand ties with China
    371 16 Bernama MBT BEIJING Malaysian Deputy Prime Minister Anwar Ibrahim arrived in Beijing yesterday for a six-day official visit aimed at expanding burgeoning business ties. He was accompanied by a 147-member business delegation including top business leaders representing industries ranging from
    Bernama; MBT  -  371 words
  • Article, Illustration
    Lock icon A menace on New Delhi roads
    61 16 AFP NEW DELHI A stray cow being struck by a Maruti car on Wednesday in the Indian capital. The bovine population in New Delhi moves about at leisure, often aggravating commuters. The capital is short of cattle enclosures and during the monsoon season, owners
    AFP  -  61 words
  • Article
    Lock icon Indon environmental groups sue Suharto over forest funds
    222 16 Reuter JAKARTA Seven Indonesian environmental groups yesterday launched unprecedented court action against President Suharto for allegedly diverting funds for rain-forest preservation to a state-owned aircraft maker. "Diversion of the funds is a violation of the principles of good governance. It is a
    Reuter  -  222 words
  • Article
    Suzhou developer threatens to sue Singapore buyers
    382 16  -  By Schutz Lee SINGAPORE The dispute between the developer and Singapore buyers of a residential development in Suzhou has turned ugly, with the developer threatening to forfeit the buyers' downpayments. resell their units and take legal action against them if necessary. The developer
    382 words
  • Article
    Lock icon Murayama pledges support for Vietnam's economic reforms
    310 16 AP HANOI Japanese Prime Minister Tomiichi Murayama yesterday pledged support for Vietnam's economic reforms as he became the first Japanese leader to visit the country since the Vietnam War. "Vietnam has intelligent and hard-working people, as well as abundant resources. Its economy is
    AP  -  310 words
  • Article
    Lock icon KL transfers civil aviation chief
    171 16 MBT LANGKAWI, Malaysia The dircctor-gcneral of Malaysia's Department of Civil Aviation (DCA). Zaludin Sulong. has been transferred to the Public Service Department, less than two weeks after fire damaged radar equipment at Subang Airport. Prime Minister Mahathir Mohamad yesterday said the Cabinet's decision to transfer
    MBT  -  171 words
  • Article, Illustration
    Hope yet for the comeback kid — if he stays centred
    1007 16  - Hope yet for the comeback kid if he stays centred The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent WASHINGTONIANS' favourite pastime these days is picking on President Bill Clinton. The pundits in this city have all but given up on Mr Clinton, describing him as
    1,007 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      30 16 ™SnSWESff9$tNT®1 Tomorrow in Business Times Singapore Kuala Lumpur NGEE ANN ODEON TOWERS U MENARA IMC CITY (Opp.Raffles (Opp Shangri-La Hotel) (Orchard Road) QUALTTY INSTANT OFFICES Tel: 65-*****43 Fax 65-*****76 MWCSNTBI
      30 words
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      Page 16 Advertisements Column 2
      75 16 Monday in Business Times MS® Now Zip gives you J —i instant boiling water L 1 every minute of the JUST TURN ON THE TAP. ZIP OUT- DATES URNS, KETTLES, COFFEE BARS AND JUGS. MODELS TO SUIT EVERY KITCHEN, OFFICE, FACTORY jIHU hospital and school, zip is FULLY AUTOMATIC AND
      75 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        43 17 Mixed Market Motxl' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment. Brokers polled: Barings. Fraser. OK Goh. Morgan Grenfell. Nomura. Phillip. Smith New Court. Il l C 'arr and SO Warburg.
        43 words
      • Article, Illustration
        HOT STOCK
        151 17  -  By Paul Leo Aztech System has fallen 33 cents or 18.2 per cent to $1.48 from its all-time high of $1.81 reached on Aug 2. Selling pressure remains strong yesterday's volume of 2.45 million units was more than twice the 10-day average of 1.19 million shares. But short
        151 words
    • Article
      SuperBowl eyes $34m in net IPO proceeds
      507 17  -  By A J Leow SINGAPORE Superßowl Holdings hopes to raise net proceeds of at least $34.36 million from its initial public offer of 50 million shares, which will be listed on the main board. Of these, 35 million shares are going at a
      507 words
    • Article
      SBS interim earnings drop 4pc to $36m
      371 17  -  By Rahita Elias SINGAPORE A sharp drop in investment income has pulled Singapore Bus Service's group interim net earnings down by 4 per cent, despite a rise in turnover of almost 6 per cent to $245 million. For the six months to June
      371 words
    • Article
      Insurance Corp of Singapore's interim net jumps 91pc to $6.3m
      339 17  -  By Soh Tiang Keng SINGAPORE Insurance Corporation of Singapore (ICS) has put up a robust mid-term performance with a 91 per cent leap in group net profits to $6.35 million for the six months ended June 1994. This earnings growth
      339 words
    • Article
      Lock Sai Hung quits as ICS chief to pursue own interests
      113 17 SINGAPORE The managing director and chief executive of the Insurance Corporation of Singapore, Lock Sai Hung, has given notice to resign from his job to pursue his personal interests. Announcing this last night, ICS said Mr Lock will continue
      113 words
    • Article
      Can Sembawang Construction lift RDC to greater heights?
      773 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE By November or even before then, Sembawang Corporation would finally have a listed vehicle for its construction arm. What next? Would the merger of Sembawang Construction (Semcon) and the lacklustre Resources Development Corporation (RDC)
      773 words
    • Article
      UOB likely to absorb Lee Wah, Chung Khiaw banks
      494 17  -  By Alvin Tay SINGAPORE The United Overseas Bank (UOB) will absorb Lee Wah Bank in Singapore in the next few years, and may do likewise for Chung Khiaw Bank. Both are wholly-owned subsidiaries of UOB. A UOB spokeswoman told BT yesterday
      494 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          S'pore Re shares to be suspended
          26 18 SINGAPORE Singapore Reinsurance Corp last night requested that its shares be suspended pending the release of its halfyearly results today.
          26 words
        • Article
          Jaya Holdings delivers tugboat
          72 18 SINGAPORE Jaya Holdings said yesterday it has delivered the fifth vessel built at its Tuas Crescent yard. Jaya delivered the tugboat to its 49 per cent-owned Malaysian associate, Javaria Holdings, which expects to earn gross income of some M 56.5 million (SS3.B million) for chartering the
          72 words
        • Article
          Hiap Moh buys land in Xiamen
          40 18 SINGAPORE Hiap Moh Corp Ltd announced yesterday that its arm, Hiap Moh Paper (Xiamen), has paid U*****,849 (about 551.26 million) to buy a 2,892 sq m property at Yin Feng Industrial Building in Xiamen.
          40 words
        • Article
          Lock icon Golden Plus to build mini-town in China
          81 18 Reuter KUALA LUMPUR Golden Plus Holdings Bhd will build a "mini-township" in Shanghai, consisting of 10,000 units of con-dominium-style housing, the company told the Kuala Lumpur Stock Exchange yesterday. It said the project was a joint venture with China's Everbright Computer Development Co
          Reuter  -  81 words
        • Article
          Lock icon Gudang Garam's interim profit up 23.8pc
          89 18 AFP JAKARTA Indonesia's largest clove cigarette maker, PT Gudang Garam, yesterday said interim net profit rose 23.84 per cent from a year earlier to 111.2 billion rupiah (5576.6 million) in the six months to June. In its consolidated financial statement published in newspapers here,
          AFP  -  89 words
        • Article
          Lock icon Land & Houses' interim profit up 7.9pc
          86 18 Land Houses' interim profit up 7.9pc Bloomberg Business News BANGKOK Thai home builder Land Houses pic yesterday said its net profit rose 7.9 per cent in the quarter ended June 30 to 491.1 million baht (5519.6 million). On a per-share basis, earnings were 3.23 baht, compared with 3.04 baht a
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Petron chief open to issuing more shares
          118 18 AFP MANILA The top official of Petron Corp said yesterday the Philippines' number one oil refiner is open to issuing more shares in the wake of a public uproar over the oversubscription of the stock. Petron's initial public offering of 600 million shares
          AFP  -  118 words
        • Article
          Lock icon Loan growth lifts Krung Thai Bank profit
          93 18 Bloomberg Business News BANGKOK Krung Thai Bank pic posted a 46.1 per cent rise in net profit for the six months ended June 30 on strong loan growth and the recovery of written-off loans. The country's third largest commercial bank had a net
          Bloomberg Business News  -  93 words
      • Article
        Lock icon MBf Capital posts 17pc profit rise
        218 18 Bernama KUALA LUMPUR MBf Capital Bhd's group pre-tax profit jumped 17 per cent to MS 106 million (5561.5 million) for the six months ended June 30, 1994, from M 590.39 million in the same period the year before. Group turnover also increased 17 per
        Bernama  -  218 words
      • Article
        Lock icon Hong Leong to take controlling stake in Philippine firm
        247 18 MBT KUALA LUMPUR Hong Leong Co (Malaysia), through a series of corporate moves, will acquire a controlling stake in Paper Industries Corp of the Philippines. This will be achieved through Hong Leong Industries Bhd (HLI) and the Guoco Group Ltd, a
        MBT  -  247 words
      • Article, Illustration
        New MAS chairman puts priority on profit
        523 18  -  From Ho Kay Tat in KUALA LUMPUR THE new chairman of Malaysia Airlines, Tajudin Ramli, has made it clear he ranked profit higher than any false sense of social responsibility the national carrier is supposed to shoulder. Giving a broad hint that a
        523 words
      • Article
        Lock icon Yeo's blames costs for 10.5pc fall in Malaysia
        131 18 Bernama KUALA LUMPUR Yeo Hiap Seng (M) Bhd's group pre-tax profit fell 10.5 per cent in the first six months ended June 30 to M 59.53 million (555.6 million), compared with M$ 10.65 million earlier. Announcing its unaudited results, YHS said its
        Bernama  -  131 words
      • Article
        Fels to form joint venture with Norway's Smedvig
        303 18  -  By Rahita Elias SINGAPORE Rigbuitder Far East Levingston Shipbuilding (Fels) will form a 50-50 engineering joint venture with Norwegian offshore contractor Smedvig. A Fels spokesman told Business limes yesterday the new company, based in Stavanger, Norway, would be formed in a couple
        303 words
      • Article
        GFA posts flat set of results; apologises for not using cash hoard
        393 18 SINGAPORE Food manufacturer Goodman Fielder Asia (GFA) yesterday reported a flat set of full-year results and apologised to shareholders for not putting its large cash hoard to good use. For 1993, GFA had earnings of just under $6
        393 words
      • Article
        Silicon Graphics joins S'pore pact on data visualisation
        224 18 SINGAPORE A pact signed yesterday is expected to pave the way for Singapore to become a world centre of excellence in data visualisation. The memorandum of understanding was signed by Silicon Graphics Pte Ltd and the National Supercomputing Research Centre (NSRC). All
        224 words
      • Article
        Pacific Dunlop forms cable-making joint venture in Indonesia
        199 18 SINGAPORE Diversified Australian manufacturer Pacific Dunlop has formed a As3o million (5533.3 million) Indonesian joint venture to produce cables. The joint-venture company, Olex Indonesia, will be 60 per cent owned by Pacific Dunlop and 40 per cent by an Indonesian consortium with
        199 words
      • Article
        Lock icon Hicom's regional airline plan in the air
        265 18 Reuter KUALA LUMPUR Malaysian heavy industry conglomerate Hicom Holdings' plans to launch its regional airline, AirAsia, by the end of the year have been stalled as it has not secured its routes from the government yet. "We have suggested certain regional routes to
        Reuter  -  265 words
      • Article
        UNIT TRUSTS & FUNDS
        486 18 UNIT TRUSTS FUNDS Managers' prtcM Aug 26 Mendaki Gr Fund 1.19 1.22ft Cinssfww* llntf Tnxt US Gr Fund 100 04 unci I nisi ihab x y«* i+*i The Commerce 166 1.76 UflW HtVeSl PWgl LU1 The Savings Fund 1.5® 1.67 Unifund 1.54 1.60 S pore Prog Fund 0.71 0.75 Umbond
        486 words
      • Article
        Cheung Kong's interim profit down 1.35pc to HK$4.47b
        513 20  -  From Lim Soon Neo in HONGKONG PROPERTY developer Cheung Kong (Holdings) yesterday reported an unaudited interim net profit of HK54.47 billion (SSB76 million) down 1.35 per cent. Analysts had forecast a drop of 20 per cent to about HKS3.6 billion. For the
        513 words
      • Article, Illustration
        Lock icon News Corp posts record A$1.34b gain
        360 20 Bloomberg Business News SYDNEY Rupert Murdoch's News Corp yesterday reported record profit for an Australian listed company, as gains in global film and television revenue offset the negative effects of a newspaper price war in Britain. Net profit for the year ended June rose
        Bloomberg Business News  -  360 words
      • Article
        Lock icon Toyota's consolidated earnings plunge 29pc
        232 20 AP TOKYO Toyota Motor Corp, Japan's largest vehiclemaker, yesterday reported a 29 per cent year-on-year drop in consolidated net profit for fiscal 1994, its fourth straight year of declines. Consolidated, or group, net profit for the year was 125.81 billion yen (551.89 billion), compared with
        AP  -  232 words
      • Article
        Lock icon Stanley Ho quits boards of three HK companies
        133 20 Bloomberg Business News HONGKONG Macau gambling tycoon Stanley Ho has resigned his directorship in three Hongkong companies he controls. He quit the boards of Grande Holdings Ltd, Lafe International Holdings and Capetronic International Holdings on Tuesday. The latter two companies are subsidiaries
        Bloomberg Business News  -  133 words
      • COMPANYBRIEFS
        • Article
          Lock icon HK & Shanghai Hotels' profit up 23.6pc
          85 20 HK Shanghai Hotels' profit up 23.6pc AFP HONGKONG The Hongkong and Shanghai Hotels Ltd, the operator of the Peninsula Hotel, yesterday said interim profit attributable to shareholders rose 23.6 per cent to HKS22O million (5542.7 million) for the six months to June from a year earlier. During the period, the
          AFP  -  85 words
        • Article
          Lock icon Tatas gets nod for higher ACC stake
          100 20 Reuter BOMBAY The Tatas, India's largest business house, won shareholders' approval on Wednesday to raise its holding in Associated Cement Companies (ACQ, the country's largest cement maker, to 15 per cent from the current 11.6 per cent. ACC chairman Nani Palkhivala moved the
          Reuter  -  100 words
        • Article
          Lock icon Bayer's 2nd-qtr pre-tax rises 29.7pc
          59 20 Bloomberg Business News LEVERKUSEN, Germany German chemical giant Bayer AG said its pre-tax profit in the second quarter rose 29.7 per cent to 999 million dcutschcmarks (***** million) from 770 million marks in the ycar-ago period. In the first half, pre-tax profit rose 24.4 per
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Yizheng Chemicals' interim profit soars
          78 20 Bloomberg Business News HONGKONG Chinese chemical company Yizheng Chemicals, the fifth-largest polyester producer in the world, said net profit rose 270 per cent to 460.58 million yuan (5580.14 million) in the six months ended June 30 from 121.9 million yuan a year ago. The company
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Beiren Printing's interim earnings up
          62 20 Bloomberg Business News HONGKONG China-owned printing press manufacturer Beiren Printing Machinery Holdings Ltd said its net profit rose 33.1 per cent to 55.5 million yuan (559.6 million) in the six months ended June 30. In a statement to the Hongkong stock exchange, Beiren said its
          Bloomberg Business News  -  62 words
        • Article
          Lock icon Microelectronics' pre-tax rises 19.5pc
          58 20 Bloomberg Business News TAIPEI Taiwan's Microelectronics Technology Inc posted a 19.5 per cent rise in pre-tax profit to NTS 159 million (Ss9 million) for the first six months of 1994, the Financial Times said. Revenues rose 23.5 per cent from last year to NTS 1.19 billion
          Bloomberg Business News  -  58 words
    • CORPORATE FOCUS
      • Article, Illustration
        Lock icon Samsudin Abu Hassan — the man with the Midas touch
        1510 21  - Samsudin Abu Hassan the man with the Midas touch Interview with a deal-maker extraordinaire By Agnes Chen SINGAPORE When a fund manager heard I was interviewing Samsudin Abu Hassan, he implored half in jest: "Ask him which share is going to double." Still, it is no small testimony to the
        Photo by Chris Loh; Source: Nomura Research Institute (Malaysia)  -  1,510 words
      • Article
        Landmarks expects 18-25pc return from Perlis power project
        207 21 LANDMARKS BHD expects a rate of return of 18-25 per cent from its Perlis power plant project, said executive chairman Samsudin Abu Hassan in an interview with BT last week. The Malaysian government announced last month that a licence to build a
        207 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon BankAmerica denies sale of Thai bank licence to ABN Amro
        368 22 Bloomberg Business News BANGKOK The country manager in Thailand for Bank of America NA yesterday said his bank was not trying to sell the licence of a subsidiary to ABN Amro Bank NV, contrary to comments by a central banker
        Bloomberg Business News  -  368 words
      • Article
        Credit card bug bites with 19.3pc rise in debts
        329 22  -  By Shiv Taneja SINGAPORE Credit card holders have chalked up more debts, despite having to pay punitive interest rates of up to 24 per cent a year. Sources said that the year-on-year growth of the rollover balance the unpaid amount c
        329 words
      • Article, Illustration
        Lock icon T-i-m-b-e-r
        42 22 AFP VICTORIA, Canada Demonstrators staging a mock funeral here on Wednesday to protest against the logging of ancient forests (forests containing old and often endangered trees). I he demonstration, held outside Parliament Building, was attended by more than 200 people. AFP
        AFP  -  42 words
      • Article
        Lock icon Gold charts point to long-term gains but bulls must be patient
        549 22 Reuter LONDON Gold's long-term prospects are still bright, according to chart analysts, but bulls may have to wait at least a year before they see prices really take ofT. "There is every reason to believe that based on gold's
        Reuter  -  549 words
      • Article
        Lock icon Bank of Taiwan's warning on China investment loans
        219 22 Reuter TAIPEI The president of Taiwan's biggest bank has warned that he will strictly monitor loans to companies investing in China without registering with Taiwan's government. Bank of Taiwan president Y D Sheu yesterday estimated Taiwan investment in China at more than
        Reuter  -  219 words
      • Article
        Lock icon Rupee stable on first transaction day after full float
        490 22 AFP BOMBAY The rupee held its ground against the dollar in the foreign exchange market on Wednesday, the first day of transactions since the full float of the currency on current account four days ago. The Reserve Bank of India (RBI)
        AFP  -  490 words
      • Article
        Lock icon London
        203 22 Reuter LONDON The dollar was firm in light trading in late Europe but remained unable to break above key resistance levels against the mark and yen. The dollar's advances yesterday reflected the early tone of US bond and equity markets as other fresh factors were in short supply. But
        Reuter  -  203 words
      • Article
        Crude futures pushed lower by sale of US gasoline
        193 22 Bloomberg ENERGY REPORT LONDON Crude oil futures fell, undermined by heavy selling of US gasoline. At spm London time, Brent crude in London was 17 cents lower at US$l6.lB a barrel, while the comparable contract in New York had lost 19
        193 words
      • Article, Illustration
        Untitled
        1549 22 I rade-*et*hteU injex < ah ulaini against Spare's Utp 14 trading partners Base year 19# < US$/S$ forward rates Noon Aug 23 s$ Bid Offer 1-month ***** I 5002 2-month 1 4983 1.4997 J-monlh 1 4978 ***** 6-month 1.4952 1.4970 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        1,549 words
      • Article
        Lock icon Now York
        96 22 AFP NEW YORK The dollar gained on some major foreign currencies and lost ground to others in light trading The dollar posted a slight loss against the mark due to rumours that a large purchase of marks was expected when Chicago markets opened, according to a trader. Around
        AFP  -  96 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar futures unchanged
        1308 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures and Eurodollars ended unchanged after trading in a narrow range. Dealers said the undertone of the Euroyen market was bearish and market participants were looking to sell on rallies. "Euroyen saw good selling by US funds in the December
        Reuter  -  1,308 words
      • Article
        KL tin firms on rising London market
        682 23 COMMODITY REPORTS KL Tin TIN rose nine sen to close at MS 13.20 a kg amid a rising London market. Dealers said the market is strengthening after tin prices rose US$4O a tonne overnight in London. But all buyers were local as European
        682 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Coarse grain forecast up 3m tonnes
          66 23 LONDON The International Wheat Council yesterday forecast world 1994-95 (July-Jun) coarse grain production at 848 million tonnes, up from the IWC's previous forecast of 845 million and up from 789 million in 1993-94. The IWC pegged world 1994-95 coarse grain consumption at 840 million
          66 words
        • Article
          China stops soybean exports
          103 23 HONGKONG China stopped soybean exports from Aug 1 in a bid to meet domestic demand, sources said. An official at the state-run grain import and export company confirmed the export ban, but could not provide details. A Beijing-based trader said China had stopped issuing new soybean
          103 words
        • Article
          Sugar output set at 114m tonnes
          47 23 LONDON UK trade house C Czarnikow Sugar Ltd yesterday estimated 1994-95 world sugar production at 114.25 million tonnes raw value. It also revised its 1993-94 estimate down 630,000 tonnes raw value from the last estimate in May, to 109.5 million tonnes.
          47 words
        • Article
          Brazil coffee may be down 8.5m bags
          100 23 LONDON Brazil's 1995-96 coffee crop is forecast to total 18 million bags, representing a loss of 8.5 million bags after frosts in June and July, according to German statistician F O Licht. Launching its review of the current coffee situation. Licht said the
          100 words
    • Article
      COMMODITY PRICES
      1421 23 Rubber Singapore Commodity Exchange (futures dosing as at 5.30pm) RSS 1 Cwrtract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) interest Sep 94 I 204. SO 500 950 Oct 197.00 188.00 194.25 2700 4300 Nov 183.50 180.00 182.25 450 5000 Dec 175.50 172.00 178.75 750 4650
      1,421 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1025 24 16.7 SHARES closed firmer yesterday following a rally on Wall Street, although gains were trimmed by late profit-taking. The key All Ordinaries Index finished 16.7 points stronger at 2,077.8. The All Industrials Index climbed 10.7 to 3,006.9, while the All Resources surged 22.3 to 1.383.1. Turnover was 182.0 million
        1,025 words
      • Article
        Manila
        641 24 +2.95 Stocks rose yesterday, boosted by the 70-point rise in the Dow Jones, but profit-taking just before closing moderated the rally. The Composite Index climbed 2.95 points to close at 3,127.06. Turnover was 4.32 billion shares valued at 1.79 billion pesos. One analyst said: "The market was strong at
        641 words
      • Article
        Taipei
        610 24 -4.13 Stocks ended lower yesterday in light trading amid cautious sentiment, with paper and construction shares hit hardest. The 376-issue Weighted Price Index declined 4.13 points to settle at 6,858.01. Turnover was 1.71 million shares valued at NT590.17 billion. The market jumped to the day's high of 6,945 points
        610 words
      • Article
        New Zealand
        283 24 16.28 Shares rose to a two-month high, after a strong rally in New York and London. "There were some pretty strong offshore markets and we haven't shared in that to the same extent," said a broker. Phone company Telecom led the market higher after its American depositary receipts
        283 words
      • Article
        Seoul
        439 24 1.77 Share prices ended slightly higher yesterday, with bargain hunters and profit takers taking turns through an erratic trading day, dealers said. The Composite Price Index crept up 1.77 points to settle at 945.41, with turnover at 26 million shares worth 560 billion won. Falls edged out rises 397
        439 words
      • Article
        Bombay
        149 24 -14.20 Stocks closed slightly lower in a session dulled by the end of account and also by mild fears over the assassination of a Hindu local party chief in Bombay. The BSE 30-share Index closed at 4,414.85, down 14.20 points. The 100-share National Index closed 7.67 lower at 2,095.15.
        149 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        740 24 Britannia Funds Merlin* Cash Bid (Mrr Mim Cap Depuut 38 6400 3* 6500 Mim Jenev (.01 OI8<)3 0I<W2 Mim Man Income O.'MOO 0>»500 I Si Cash Income Plus I und 5300 ******0 PS$ Re*ne Fund 5 3000 5 3100 Sterling I-quits Euro Performance 045V2 OtHM Far EM Fund *2 7650
        740 words
      • Article
        London
        712 24 +29.0 STOCKS rose for the third day, boosted by Wednesday's surge in US stocks, which had reacted to a stronger dollar and signs of moderating growth in the US economy. The FT-SE 100 Index rose 29 points to 3,234.2. its highest since 3,255.7 on March 17. Gainers outnumbered decliners
        712 words
      • Article
        Paris
        145 24 +20.23 French shares ended the first day of the September account with strong gains but were off the session's highs as bond futures reduced their gains. Dealers said the market lacked conviction, with players remaining uncertain about the direction of interest rates in Europe. Wall Street failed to give
        145 words
      • Article
        Frankfurt
        167 24 +20.50 German stocks rose, tracking surging US stocks and rising bond futures. The DAX Index rose 20.50 points to 2,153.48, extending gains into a third day in the wake of Wednesday's US stock rally and positive corporate earnings. "Clearly, Wall Street was a boost, but we also had some
        167 words
      • Article
        Brussels
        133 24 +3.29 Belgian stocks rose for a third day after a leap in US stocks on Wednesday made European shares seem relatively cheap. The Bel-20 Index rose 3.29 points to 1,460.22, its highest since Aug 17. Companies with US activities, or which sell goods in dollars, were the biggest gainers.
        133 words
      • Article
        Milan
        164 24 -48 Shares drifted to close lower in thin volumes with only Olivetti showing any signs of life. The computer maker was hit by Wednesday's announcement that US computer firm Digital had sold its stake. Although both companies said the move would not hit their commercial and technological agreements, traders
        164 words
      • Article
        Amsterdam
        252 24 +3.69 Dutch shares ended firmer, but well below the day's peak, as an active morning's trade dissipated in later profit-taking and some disappointment that Wall Street failed to build on Wednesday's sharp rally. But the momentum of stronger than expected firsthalf results from key blue chip companies and the
        252 words
      • Article
        Stockholm
        139 24 +2.97 Swedish shares climbed for a second day, led by pharmaceuticals company Astra and investment company Investor. The OMX Index closed 2.97 points higher at 1,115.77. Traders said strong earnings growth from Swedish companies and interest in blue chip shares helped drive the index up. Astra's A shares gained
        139 words
      • Article
        Zurich
        303 24 10.0 Swiss shares rose, boosted by a stronger dollar and a better outlook for the earnings of industrial companies. Wall Street's spurt on Wednesday also helped the market early in the session. The SMI Index of 23 leading stocks gained 10.0 points to 2,551.1, with 14 stocks advancing, five
        303 words
      • Article
        Johannesburg
        335 24 12 Shares finished off highs yesterday as profits were taken late in the afternoon after active two-way trade. Dealers said the market, buoyed by a stronger Wall Street and better gold price, was likely to make further gains today in a follow through of support from outstanding orders. They
        335 words
      • Article
        Toronto
        245 24 -1.50 Stocks edged down marginally as players pulled profit from the recent solid rally in equities and bonds. "The market's been pretty hot in the past few days," said one trader. "So 1 wouldn't be surprised if there was a bit of profit-tak-ing or a small correction." The TSE-300
        245 words
      • Article
        New York
        707 24 +3.56 The Dow Jones Industrial Average, which soared 70.90 points on Wednesday, was ahead 3.56 to 3,850.29 at 11am EDT. It was down 7.45 shortly after the market opened. The NYSE Composite Index was ahead 0.25 to 258.86. while Standard Poors 500-stock index was up 0.45 to 469.48.
        707 words
    • Article, Illustration
      Lock icon HONGKONG
      2899 25 Bloomberg Business News HONGKONG Stocks rose as investors bet that Cheung Kong would post better-than-expected firsthalf net profits after the market closed. The Hang Seng Index rose 97.42 points to 9,336.11. The All Ordinaries Index rose 38.66 to 4,711.21. Turnover was HK53.17 billion. Cheung Kong closed up 80 cents
      Bloomberg Business News; Source: Bridge Info  -  2,899 words
    • Article, Illustration
      Lock icon CHINA
      477 25 CLSA THE Shanghai B market edged up /.02 points to 859.43 on turnover of USS6.O million. Material Trading rose 3.7 per cent after good results were announced on Wednesday. Phoenix remained stable after the company announced its interim results. The Shenzhen B market edged down 2.75 points to 1,162.76
      CLSA  -  477 words
    • Article, Illustration
      Lock icon TOKYO
      2518 25 Reuter TOKYO Stocks ended slightly weaker, with sentiment dampened on continuing profit-taking by domestic institutions. Overall trade was quiet as attention was drawn to Japan Telecom and Japan Tobacco (JT) ahead of the announcements of auction results of their shares. M According to our calculations, about one trillion yen
      Reuter; Source: Bridge Info  -  2,518 words
    • Article, Illustration
      Lock icon BANGKOK
      1828 25 Reuter BANGKOK Panic selling in the finance sector, led by Finance One, sent the index down sharply yesterday. The SET Index closed down 29.86 points at 1,444.72. Turnover was a heavy 22.57 billion baht. "The finance sector led by Finance One stock was heavily sold throughout the day and
      Reuter; Source: Bridge Info  -  1,828 words
    • Article, Illustration
      Lock icon JAKARTA
      1143 25 Reuter JAKARTA Stocks closed higher in active trading with investor sentiment bullish over a range of issues as the index broke through the 500-point mark. "It was excellent trading today with the second session very active on good volumes. Locals were punting heavily on their favourite stocks like Gadjah
      Reuter; Source: Bridge Info  -  1,143 words
    • Article
      CLOB INTERNATIONAL
      2476 26 MOST ACTIVE volume PMI MX WNUM Henna L Wrf"» 8K-W000 Asia Pac I d l42Mtt Mm H\j mx- »< mam NlulphalntlMV ..5.6*6.000 MulU-Puip«**: 5.537.000 PrmiKt 4.>*M.000 CASH 30c 4IHM Bcnaxa (imup iMIM Renting Bhd 50c V8J7.000 Johan Hldgs 5tX- V'OOOO kamunling MX .1.*****0 Scl Properties .155.1.0110 MOST ACTIVE
      2,476 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares drop as hopes for early election fade
        5067 26 Bloomberg Business News KUALA LUMPUR Stocks fell for a third day as hopes faded that the prime minister will call an early election. Some investors believe an early poll would spark a rally by prompting political parties to turn to the market
        Bloomberg Business News; Source: Bridge Info  -  5,067 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6520 27 MAIN BOARD Transaction date: Aug 25 Cr G» M Wt Vl Day LaM Qaote D». Dt. YM Nrt Cap A«t High Low CMfU) Sri* >/- (t*) Hit* Low Wmytt Seller C*»f P/E INDUSTRIAL AND COMMERCIAL .440 US •I.Aom 1000 >15 66 1020 9.5 W0 1000 175 J J II 6W3
        6,520 words
      • Article, Illustration
        Lock icon Talk of impending trouble in KL stunts STII surge
        1840 28  -  By R Sivanithy SINGAPORE A massive 70-point overnight rise in the Dow Jones Industrial Average led to a rally in local stocks yesterday, but late weakness in rumour-driven Malaysian stocks dragged prices off their highs for the day. The Straits Times
        Charts by Bridge Info; Source: Bloomberg  -  1,840 words
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      190 17 NEWS VALUE How today's news might affect your stocks S'pore multimedia firms hit by price war, fatting demand (pg I) Shares of Creative and Aztech have fallen recently, so downside is limited in the short term. DBS raises prime by half point to 5.75 pc (pg 1) News likely to
      190 words
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      43 words
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      Page 21 Advertisements Column 3
      268 21 SMIY.. K^»^SBBBK?wfflKfSlfc fJCI housing DEVELOPMENT .■J J BOARD DEVELOPMENT SITES FOR SALE BY TENDER The Housing Development Board on behalf of the Government of the Republic of Singapore is inviting offers for lease by public tender the following 14 parcels of State land: COMMERCIAL DEVELOPMENT LAND PARCEL APPROX MAX PROPOSED
      268 words
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      254 23 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX74I-1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 59 AND IN THE MATTER OF MARKASIA (PTE) LTD (Menben' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Chapter 50 that a Final Meeting of the Members of the
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      Page 23 Advertisements Column 2
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      48 words
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      142 25 Primero automatic chronograph movement. nrj Non-reflecting sapphire glass. Ik tk Abov. Beyond P»e Ltd 1 Maritime Squar*»2-101 E»po Gateway Td 272KD42 Cortw WikkCaMn Pie LtdWl/y r^m,3*Raffles City Shoppy Ontre Td 39W185. (Pl-32 Lucky rim TA ZBUOM MmCwt.n. w«t Pf UdOT-18/ f 20CentrepotntTA *****36 Jewellaiy Indnatne* (SI Pte Ltd 44 Alexandra
      142 words
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      145 27 NEW BALANCE presents ihe The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- port and comfort. Just what did you ing. These elegant shoes look better when you are dressed up. They are the world s best
      145 words
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  • ShippingTimes
    • Article
      Lock icon 13 shipping lines to raise rates to Gulf from Far East
      289 29 Reuter DUBAI Thirteen shipping lines are to raise their container rates to Gulf Arab and Iranian ports from the Far East excluding Japan from Oct 1, a statement from the lines said. "The lines have now decided... to implement
      Reuter  -  289 words
    • Article, Illustration
      Lock icon Toxic cargo
      55 29 AFP LIVERPOOL, England Experts examine the toxic scrap metal cargo of the Hornbelt coaster at Alexandra tkHjkonVN ednesday. Environmental group Greenpeace said British scrap metal company Sheppard's has signed a contract to import 100,000 tonnes of PCB contaminated metals which Germany has been trying to get nd of
      AFP  -  55 words
    • Article
      Lock icon China's shipbuilding industry to expand capacity, output
      175 29 Bernama-Xin-hua BEIJING China's shipbuilding capacity and output will reach four million deadweight tonnes and 2.5 million dwt, respectively, by the end of this century. According to Wang Rongsheng, general manager of the Shipbuilding Industry Corporation, design and management will be modernised during this
      Bernama-Xinhua  -  175 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1096 29 Page Col ABC Containerline 16 4 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 4/5 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant
      1,096 words
    • Article
      Lock icon US Navy still looking for ways to get rid of ship trash
      252 29 AP WASHINGTON More than 20 years after maritime countries signed a treaty to prevent pollution from ships, the US Navy is still looking for ways to stop trashing the seas, a new study shows. The interim study from
      AP  -  252 words
    • Article
      Neptune Heat Exchangers celebrates second year
      248 29 SINGAPORE Jurong-based Neptune Heat Exchangers, which celebrates its second anniversary today, announced yesterday that it had produced 200 marine-engine air coolers worth about $3.5 million. The company, set up in 1992 as a three-way venture between a British firm and two NOL group, members,
      248 words
    • Article
      Lock icon Hamburg port eyes record turnover this year
      433 29 Reuter HAMBURG The port of Hamburg may reach a record turnover of 70 million tonnes in 1994 after 65.9 million in 1993, Hamburg Port and Warehouse Corp marketing director Hans Ludwig Beth told a news conference this week. Hamburg is Europe's biggest port
      Reuter  -  433 words
    • Article
      Lock icon Alaskans use Exxon testimony in damages plea
      502 29 Former executives admit Valdez spill did not hit oil company s income Reuter ANCHORAGE, Alaska Lawyers for Alaskans suing Exxon on Wednesday entered videotaped testimony from former company officials supporting claims that the nation's worst oil spill had no adverse effect on the
      Reuter  -  502 words
    • Article, Illustration
      Lock icon Remarkable turnaround
      646 30 In five years Finland's Kvaerner Masa-Yard was transformed from a sunken shipyard to a leading builder of cruise liners and icebreakers Business Week WHEN Martin Saarikangas looks out at the bustling grounds of Kvaerner Masa-Yard Inc, a shipbuilder in Finland's Baltic sea coast city of Turku, he takes
      Business Week  -  646 words
    • Article
      THE SHIPPING GUIDE
      17585 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGENO PN: ship calls at Penang after
      17,585 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        675 46 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure lurong Port Agel 07/94 P04 2608 0800 27 08/0600 Batam Bahagia 08/04 94 J1 alongside 2608 0500 Balti Venus 1 P06 25 08/1900 2608/2300 Batam Murm 08/06 94 J2 alongside 2608, 2315 Batam Speed A0694"
        675 words
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        CONTAINER SCHEDULES
        1010 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Deceiving of export fcl containers and lcl cargo 1 Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Ltfy Q53A 28/2359 4 26/1200 26/1459 26/1700 Acx Lotus 055B 26/2000 1A 25/1500 25/1659 25/1900 IB 25/1500 25/1659 25/1900 2A
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        Daily Freights
        762 46 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,494 on Wednesday from 1.503 on Aug 23. Activity increased on the major US Gulf to Japan grain route with three reports of concluded business emerging, brokers said. Louis Dreyfus is said to have covered a
        762 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon Ford, Mazda to study pickup truck venture in Thailand
        363 48 Reuter DETROIT Ford Motor Co. eager to expand in Asia, on Wednesday said it and Mazda Motor Corp will study the feasibility of jointly building pickup trucks in Thailand. The two car makers, which have several other joint manufacturing projects, will
        Reuter  -  363 words
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        Lock icon PAL in the red with 451.4m peso net loss
        491 48 AFP MANILA Philippine Airlines (PAL) has suffered a 451.4 million peso (5525.3 million) net loss in its 1993 fiscal year which ended in March. This was a dramatic reversal from the 1.02 billion peso net income posted by the national flag-carrier
        AFP  -  491 words
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        Silkair to launch punctuality drive for passengers
        182 48 SINGAPORE Silkair will conduct a punctuality campaign for passengers from Sep 1 to Oct 31 to help prevent flight delays during renovation work at Changi Airport. Check-in counters will close 35 minutes before scheduled departure time, while boarding gates will close 10 minutes
        182 words
      • Article, Illustration
        Lock icon Hongkong's link to new airport
        62 48 AFP HONGKONG The HK$7.2-billion (SSI.4 billion) Tsing Ma Bridge under construction links Hongkong's new airport on an outer island, Lantau, to the territory's main island and Kowloon peninsula. The airport is to be finished by mid-1997. Two 206-metre high towers each containing 28,500 cubic metres
        AFP  -  62 words
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        S'pore, Jakarta hold rescue exercise
        202 48 SINGAPORE A joint search and rescue exercise has been held by the Civil Aviation Authority of Singapore and the National Search and Rescue Agency of Indonesia. Sarex Indopura XII/ 94, held on Wednesday, is the 12th such exercise conducted by the two countries. It tested
        202 words
      • LOGBOOK
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          Lock icon KLM to almost double flights to Japan
          77 48 Bloomberg Business News AMSTERDAM KLM Royal Dutch Airlines NV is almost doubling its weekly number of flights between Amsterdam and Japan, to nine from five, Hel Financieek Dagblad reported yesterday. The Dutch carrier now flies five times a week to Tokyo and will
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          Lock icon Japanese firm to form China venture
          98 48 AFP TOKYO Japan's Matsuo Bridge Co plans to set up a joint venture in October to build and operate a toll road in the city of Huzhou in Zhejiang province, a company official said. The venture, capitalised at 2.4 billion yen (SS36 million), will
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          Lock icon Kansai airport's landing fee approved
          80 48 AFP TOKYO The Transport Ministry on Wednesday approved an application to charge 2,400 yen (SS36) a tonne for landing of international flights at Kansai airport in western Japan, officials said. A Boeing 747-400 jet will be required to pay 948,000 yen for landing at the
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          Lock icon VW to supply motor for Mercedes car
          85 48 Bloomberg Business News HANOVER. Germany Volkswagen AG said it has signed a contract worth about 50 million marks (5548.7 million) a year to supply motors to Mercedes-Benz AG for its new Viano model. VW will deliver 6-cylinder motors and automatic transmissions based on
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        Lock icon Lockheed unit's export rights suspended
        333 48 Bloomberg Business News WASHINGTON The US State Department suspended the export privileges of Lockheed Corp's aeronautical systems subsidiary, citing previous charges of illegal payments to a member of the Egyptian parliament. The agency plans to deny future export licence applications filed by Lockheed Aeronautical Systems
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1790 48 City w eta n&t m> Abu Dhabi GA928 2205 Adelaide QF81 1925 QF82 2055 SQ227 2230 Amsterdam KL837 1450 KL844 0035 KL838 2300 SQ323 1730 SQ26 2355 AtN— SQ348 2250 Auckland NZ73 1550 SQ285 2045 BA12 2200 NZ74 2340 Bahrain GF146 1250 GF149 0650 BSeriBegawan *****
        1,790 words
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        Lock icon Lufthansa cargo unit aims for 100m mark profit
        235 48 Reuter FRANKFURT Deutsche Lufthansa AG cargo chief Wilhelm Althen has told staff the airline's cargo arm aims to make an annual profit of 100 million marks (5597.5 million) once it is restructured into a separate company at the start of 1995. Lufthansa
        Reuter  -  235 words
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      67 29 Cf SBHHf M BACK IN TOWN! "INTER", The World Renowned Container Fitting Lashing Together With "INTERMARINE SUPPLY". A Combination Of Expertise Providing Quality, Reliability, Prompt Effecient Services To The Shipping Industry. Exclusive Agent /Distributor Mlntermarine Supply Co (Pte) Ltd No. 7 Bukit Batok Si 22. *****. Tel: *****88 Fm: *****11
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      27 29 Line* and services represented by Member* of the Registry of Accredited I sHofl]] Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      30 29 THE FAMOUS to i iCMmuk/ \MKJMKUm BMP »1833 For more information please refer to Pg. 13 PLAY SMART Be part of the good life. Lifestyle. Everyday. yvmiMfoa Businessumes 1 MIMMI
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      2115 30 3XPQH7,,,. fMPOBT.... fMPOBr.Zj I NORTH AMERICA I I OTHER DESTINATIONS 1 NORTH AMERICA I i msennn ™~.t ITO EAtr CQArr io<m, .U—CA MKYKt I tmaAKX* CAL»o««A txww (D—ct mom wt«T COA»n ZD I vt J £L VOT SPORE 111 OAK 1 VC* StA DAL HOUSTON CMC NY KXICO CITY VESSEL
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      2245 31 w OOCL (8) pre LTD JAROINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 CPS: 03-*****42 CR NUMBER **********0 C PENANG TEL: *****4 FAX. *****1 DOCUMENTATION TEL: *****55 <INWARD>/*****90 (OUTWARD) Ip O H TEL: *****3/4 FAX: *****6
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      1798 31 ■QEBSSaBZa EAST COAST SOUTH AMERICA PUERTO CABELLO/LA GUAIRA/RIO DE JANEIRO SANTOS/BUENOS AIRES/RIO GRANDE/IMBITUBA MATHILDE MS V.9408 ETA SIN 30TH AUG 94 Vessel VOy ETA ETO Fee<Jere<l by °7iT DESTINATIONS Ne>i mathiloe MAERSK V 9406 fr<.M«HimTmigrWTlg!THl^yTTWiTTßgaiEwreH»aßWgi— 30 06 oeoo HRS Cf S 29/08 2359 MRS JOH LPK PEN OAK IGB SFO
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      1625 32 r~"T AQABA R OAM'I LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG A WERP H.AVRE yyggy MALAYSIA ESSEN EXPRESS 07/333 28/8 5/9 12/9 14/9 17/9 19/9 21/9 Port Kelang. Penang LA SEINE ***** 31/8 17/9 20/9 18/9 Paslr Gudang HOECHST EXPRESS 16/334 3/9 12/9
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      601 32 AFGHANISTAN M&M Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: oatochny, Vladivostok, Moscow, I Baku, Tashkent, Irkutsk, Alma Ala, Ashgabad, Dushanbe. Kiev N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Europa V 2294 30/8 28/9 Ned Hong
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      1377 32 I NOR ASIA: IVSUVOY^^^^^^^^SlP^^AU^^BC^^VA^^HAE^br^^RO^^AN^^FE^^^B3^| VILE 0E VELA VO4W 27/08 24/08 18/98 I NORASIA SHARIAH 9434 3 02/09 24/09 25/09 27/09 28/09 29/09 30/09 01/10 02/10 07/10 I NORASIA KEB. 9435 3 05/09 28/09 29/0$ 26/09 27/09 24/09 25/09 28/09 28/09 I NORASIA MUBARAK 9435-3 09/09 02/10 03/10 05/10 06/10 07/10
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      1782 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific link ia service of china navigation CO) CMGO DUE SAAS j STRAITS VENTtME V23E Hurl, lab 25-26 Auf 27 Auf 28 Au( FCL, LCL CONTAINER ANO BREAK BULK SERVICE
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      3038 33 SINGAPORE AGENT: IJXtI AfltoiflAVC p& Containers (Singapore Agencies) Pte Ltd JL %JL%, X. M J. 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z VESSEL VOY *PNO *P*o SIN SOU ANT NOT HAM OOT BRE LEM
      3,038 words
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      654 34 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATiVES IN CHARGE i n<? tni winn OH PA«R I j_ HtMLLtifit -1 aiwm rcrrat/wiw I KELVIN CHAH MB »M7a/M?gW MAHQJ 2J***** __aislZ2L I WILLIAM WEE 2\K*X *****0t/53M532 ►TO VIETNAM/HCMC K CONTAINER-FEEDER SERVICE CENTER-POINT \m LINES I *fssti T hoy
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      1315 34 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- *****30-233 I cm i h mni mi yus pf)* FPU IfSl SW LH HAIA SA¥ KJfl WC I c^ Ul f 2 5", 2?/ S HANMN 10NGKACH 0491 29 M PSOGWSS 0341 06/10 07/10 09/10 HANJM 10NGKACHI 049€
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      1206 34 l d -Tci -1 d I ru scr us we «ie pus hi oa ki w ho hi oe ui wc iw «n nr f» cn m w I t MMN ■m n i 11,1 7/» w» U/» is/9 im w/» a/» 10 h 12,10 ivw nit 21/u »/w »/w
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      2305 35 y/ I sex: 'CALIFORNIA JUPITER 75E' eta sgp 31/08/94 HI K ARRIVING LOS ANGELES 17/09/94 IN 16 DAYS BB I AEX: OCEANUS OSAKA 35E' ETA SGP 01/09/94 II ARRIVING NEW YORK 24/09/94 IN 23 DAYS EXPORT TO,- PSW/PNW SINOAPORE CALIFORNIA EXPRESS (SCX) TO: USWC —US QULF MIDWEST USCC CANADA vtMtL
      2,305 words
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      1111 35 T MULTILINE SHIPPING PTE LTD W (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****88
      1,111 words
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      1186 36 AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CR NO: **********0M/GST R£G NO: M 2 *****99-6) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 «P W MALAYSIA LINE MARITIME (MALAYSIA) SON BHD I I Wf% rn TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 i JL Mad INDONESIA:
      1,186 words
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      1237 36 ©APPENS HI P (3) HAMBURG \f\J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOAWNC FOR SUNBEAM I ANT A 03/8 SPORE 04/8 CAMWEAM PRINCESS VENTSPILS 06/08 HAM 09/08 ANTW 13/08 P GUOANG 13/09 SPORE 16/09 OOSPK RIGA 16/06 KLAIPEDA 24/08 HAM
      1,237 words
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      968 37 QSBSSfIMg PACIFIC INTERNATIONAL LINES (PTE) LTD J 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I j mAIV CR NO: **********06 *i VESSEL VOY SM BKK SIN f VESSEL VOY SIN JKT SM KOTA SAMS' SBSO2S 28/8 31/8 4/8 KOTA INOAH IOHOIT 28/8 31/8 4/8 KK. BUANA (BMT/LCH) 8NA027 30/1
      968 words
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      976 37 "vtSSEIS VOY sm II NAVW HAMBIPG THAAKS ROIHRPAM ANTWtRf nil OC WIA VO4N 27/01 11/09 19/09 20/09 ?1/W 23,09 W.LL Df lIT ANA ?0W 30/0« 2T/0» 21/09 24/08 /W 21/09 VH.ll Ot lUCANA UOSN 04/09 28/09 30/09 01/10 0?/1 04/10 Will K IMA LOSW OS/10 ?/1 01/10 W/l 11/10 •ALSO
      976 words
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      Page 37 Advertisements Column 3
      849 37 bsa il tegk MYANMA fBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf SAGAMG V36N IN PORT HP* AN V2O4W 02/04 Sep 04/06 S«p MYOMAYWA VIS3R 02/04 S«p 05/01 Sep MALAYSIA AGENTS BOUSTEAO SMWNG AGENCIS KUL TEI 03 *****00 PRE TEL 03 36*6767 PEN
      849 words
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      1867 40 Simmon's Gmmts/ ffiwts. PfKTIB SHIPPING PTF LTD M (General): *****00 Sales/Booking: Agency Dept: 6sL*tLwJ,*l7 08 F IConoral): *****66 Contain*r. *****41/844 Container SfC B/L *****02 Operation Container *****15 DBSs£ ToSer" If? M Conventional: *****50 0/0: *****85 Conventional: *****46 sEan£olo6 utfVaK? Fax: *****08 Breakbnlk src Docs: *****50 Equipment *****30 gfifc C X
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      1465 40 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PW. Ptw «H SH WC MO TAI *£E YO* THY WAG *06 OS* MOI BUS WAN HAI 221/NOO/ 27/08 28/08 30/08 30 31/08 04/09 04/09 07/09 0109 MAN HAI 703 W062 27/08 27 28/08 01/09 02/09 04/09 OS 09 11/09 17/09 13/09 13/09 MAN HAI
      1,465 words
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      701 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 29/8 ROTTERDAM 29/8 AARHUS/COPENHAGEN 29/8 HAMBURG/BREMEN 29/8 MARSEILLE/FRANCE 30/8 FELIXSTOWE/UK 29/8 BARCELONA/SPAIN 29/8 LEHA WRE/FRANCE 31/8 GENOA/ITALY 2978 ANTWERP/BELGIUM 29/8 LOS ANGEIES/WC/IPI 28/8 SYDNEY/MELBOURNE 30/8 NEW YORK/EC 28/8 FREMANTLE/ADELAIDE 30/8" j VANCOUVER
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      Page 41 Advertisements Column 2
      1053 41 VEBBEL VOY 8 I_ _11 VESSEL VOY SIN PEW 8 IBRA BHUM 65S Fri jn_Pt_ Tin 30/1 |j DEJA BHUM 4537 Fri In Pt Sat 27/« ■I VESSEL VQY SIN BKK BHATRA BHUM 448 Sal 27/9_ Tw 30/9 K q TA S URIA SUROI9 Sun 2«/ l Tua 30/1 B-l
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      223 41 6 uarmnt—d Smiling a to:|B<WCKO* L*EM~CH«e«WC LAOS 27/» (SAT). 30/« (TUt) POUT KEIANG PfNANG 1/8 (THU), 26/« (FW) HONG KONC »/l (FW). 30/8 (TUI) IAKARTA 27/1 (SAT) MANM/CEBU/SUBIC 30 8 (TUI) HO CH MWH 21/1 (FW) SURABAYA 2»/l (SUN) BUSAN 21/8 (SUN) |°1 PONGNAMA LINE COWTAINKWItIP MAWCI tT*AITS/ltW/INC/»lM WJSfI SSTI
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      Page 41 Advertisements Column 4
      595 41 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E P*"\ ETHIOPIAN SHrftNS LINES J (National Unas of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmml I Voy i?A Loading For I »po'« Abbay Wonz 41WB 20/10 Mombasa. Djibouti Assab. Massawa Abbay Wom 42W8 25/11 Mombasa. Djibouti
      595 words
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      1652 42 IfMhBMN CONTAINER LINES, INC I Frv/VV-lAgenU; MAC-NELB SPORE: *****22 (24 LINES) o\/ VJc/nitetmrmcti BIBU (084) *****9 KUCHINQ (082) *****3 PCNANQt (04) *****8 BANGKOK (882) *****67 MANILA (632) *****61 P.KELANOJ (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 24/8 25/8
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      Page 42 Advertisements Column 2
      200 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (i* (i* ii» sron mi MLMK nwwG am imx n» ft n lojduig 'o( Mile ■UVM HUOHU JO I loadin* tw Dubdi oactw 12/1 4/9 loading foe Malf nONKIt SUPttMI 1/9 Loading F«i Malf UMKttM ?6,8 loading fo» *W» ntootss icuiT s
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      1142 42 f o THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V/ \y TEL: 227 508* FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORE TO THA?LAND ———-p— ———i VESSEL m SPOtE PEST VESSEL jjT
      1,142 words
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      670 43 WSV'EVERETT ORIENT LINE" TfXA JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBU.K SOC CARGOES 10 FROM HO6E. YOKOHAMA. NAGOYA, HOI. TOKYO*. MANIA' DAY AO* Penanj* P. Kelanj Saijapore E'Msia* KAMAIEVERETT V22E 05/06 Sept IVYEVERETT VIOE 19/20 Sept 21/22 Sept SHAPLAEWERETT V 22€ 29/30 Sept 01/02 Oct ACCEPTING BREAKBU.K/FCI/SOC CARGOES TO/fROM CHITTAGONG, CALCUTTA
      670 words
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      234 43 IS* GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM ♦AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 29/8 1/9 7/9 16/9 GLORY SELATAN VII 22/8 24/8 SP KOMPONG SOM GLORY SELATAN V 28/8 31/8 LINER SERVICE USA, VANCOUVER,
      234 words
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      515 43 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE TESSET" VOY ""slrT" KARACHI ISLAMABAD 124 HW 1/09 (BNKG) 8/9 BOEAN 138 HW 9/9 2«/9 HYDERABAD 133-HW 22/9 3/10 MAKWAN 151 HW 6/10 16,10 FAR EAST CONTAINER SERVICE ONLY ST VOY siii hkg"" bsw osa NAG YOK SARGOOHA 146 0W 11/09
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      Page 43 Advertisements Column 4
      699 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE SIN DOR JNB- HRE- Pl 2 CRT* BEW* MPMTAOHE 87 27/08 10/09 14/09 21/09 11/09 16/09 20/09 22/09 JIAN HE 86 11/09 25/09 29/09 06/10 26/09 02/10 OS/IO 07/10 HUI HE /108 26/09 09/10 13/10 20/10 10/10 15/10 19/10 21/10
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      270 43 SjN FAR EAST 30/08 KEELUNG/KAOHSIUNG 28/08 BANGKOK 28/08 MANILA/CEBU 28/08 JAKARTA/BELAWAN/SURABAYA 28/08 PORT KELANG/PENANG/E. MALAYSIA 28/08 BUSAN 28/08 TOKYO/YOKO/KOBE/NGO/OSA 28/08 HONG KONG SIN CHINA i+mzzmmn) 28/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN /SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 29/08 LDN/FLX/LVP/SOU 29/08 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 28/08
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      832 44 PHIU-OmtNT LINtS PTC LTP VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H^ SfiL 573 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 30 AUG SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 28 AUG AUCKLAND. WELLINGTON, LYTTLETON. NEW PLYMOUTH.
      832 words
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      297 44 Con term ~-r CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 3 SEPT (Accepting to all New Zealand porta) PENANG 02 SEPT JAKARTA 28 AUG PORT KLANG 01 SEP BAN6KOK 28 AUG MANILA 28 AUG MELBOURNE 30 AUG SYDNEY 30 AUG BRISBANE 04 SEPT FREMANTLE 30 AUG ADELAIDE 09 SEPT 03 SEPT
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      Page 44 Advertisements Column 3
      398 44 CONSOLIDATION TO BUSAN Singapore I KIRS I KOKU ARDER IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN dh Call SAN ISA at DID: 770 5014 {glj J2 for bookings NOW!!! Csl I d: Fax: INTERNATIONAL SEA FREIGHT A Singapore 77S f>522 *****38/*****36 FORNARWNG —MM rt AfC LOGISTICS SERVICES 11 Also
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      1450 45 IsEAMA^RGENTINMJN^^^n CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I VISSIL VOY SiN P. ARENAS USHUAiA BUI M VIOfO SNT S4N ALEXANOER SCHULTE 003E 02/09 07/10 09/10 14/10 IS/10 18/10 i 13/11 CANOPUS 003E 04/10 08/11 10/11 15/11 16/11 19/11 21/11 FRANCISCA SCHULTE 005E 24/10 28/11 30/11 05/12
      1,450 words
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      Page 45 Advertisements Column 2
      439 45 CEYLON SHIPPING CORPN R&IS) National Line of Sri Lanka CONTAINERIStD SERVICE TO UK AND NORTH CONTINENTAL PORTS rat |»w|iiao|ifli|mMlnw| low" Ncmsu> smen Mm »/M n, n wn inw WW ASM SHWMH HRI 310* OVW Z7/M M/W Wilt PI lIIMM IWI M/W M/W ?I/(H 23/01 ?«/M »/W 27/00 MUC 01 TUCMW
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      Page 45 Advertisements Column 3
      525 45 irCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NO.SI I VESSEL N. KRUPSKAYA PRIMORSH PAVLOGRAD PETRODVORETS DEKABRIST PRIOZERSK PORTS EBI4 EBIS EBI6 EBI7 EBIB EBI9 BUENOS AIRES' Saltad Sallad Sailed Sailed 11 13/09 30/08-14, 09 MONTEVIDEO Sailed Salted Sailed Sailed 14-15/Q9~ RIO GRAN DO SU Sailed Sailed 16-17/09 DURBAN Salted Sailed 21/068
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      Page 46 Advertisements Column 1
      409 46 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VOY SK PKL VESSEL VOY S* PEN MCC CONVEYOR 9437 24/8/94 (WED) 26/8/94 (FWI) MCC CONVEYOR 9437 24/8/94 (WED) 26/1/94 (FRI) VIGOUR SINGAPORE *****N 26/8/94 (FRI) 28/8/94 (SUN) XOURIAYA *****N 26/8/94
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  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      314 46 TODAY'S TIDES (hdfht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 ***** J* 2.2 2.6 2.7 2.6 2.2 1.6 1.1 0.7 0.6 0 6 0 9 1.4 2.1 2.6 2.7 2.6 2.2
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  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      967 47 A HYUNDAI I MEBCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PCD* VESSELS W> I SW I RTM MT* LEH* HAM «Ej FEL 24/08 26/08 27/ OS H. FRONTIER 312W 29/08 16/09 18/09 19/09 18/09 18/09 20/09 V/ 08 02/09 03/09 SI FREEDOM 312* 05/09 23/09 25/09
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      Page 47 Advertisements Column 2
      442 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS «SSU KOIV fl KUC M MJA *1 MUMG tMAS JO/I ORANGE SKY 23 3/9 l/» 4/0 0/0 TMMJNG PMOK 15 2t/l OUTBOUND VESSELS SP DUMAI 39/8 MV Tan Jung Emu VJS SP PK/K9TA KMABALU 3/9 MV Orange Sky V
      442 words
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      Page 47 Advertisements Column 3
      948 47 JEDDAH/UK/CONTINEIsrT I STORE lU> J TON HUMS I "DAM lEH *Mu Acccpta* C*|« Fw: IA SMC 37/134 31/0 17/9 20/9 22/9 Southampton :teM UK deitmabon, BcKiit mi Out* HOICKST EIPRESS 10/334 3/9 12/9 21/9 24/9 20/9 20/9 kotttrdjm :to al Anhmp. Amsterdam o*. Hchriu KAGA 37/135 7/9 24/9 27/9 29/9
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      51 48 I "■^INVESTMENTS Tomorrow in Business Times H. KiirrßANSilV CARPENTARIA g- 7500 A Beach Road, #06-301/302, I The Plaza Singapore Accepting Heavylift Breakbulk SOC to from MANILA SUBIC BAY Direct Enquiries Bookings S pore Tel: 294 5022 Ext. 227 Fax 297 1930 I K.L. Tel: (03) 731 6842/3/4 Fax (03) 731-6860
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      Page 48 Advertisements Column 2
      0 48 "^%}:!<)/:{"~,%@\-_/??']>{}\()"
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