The Business Times, 13 October 1994

Microfilm: NL19582
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KHOW ASIA MITA(P) 010/12/93 Thursday October 13 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 4 points
      57 1 Reuter NEW YORK Wall Street stocks drifted lower yesterday. At Ipm EDT, in the broader market, declining issues led advances by a small margin on moderate volume of more than 154 million shares on the New York Stock Exchange. At 2pm EDT, the Dow Jones Industrial
      Reuter  -  57 words
    • Article
      Lock icon US drops financial services stand in talks
      35 1 Reuter GENEVA The US yesterday said it was dropping a key demand in negotiations on liberalising financial services that came close to wrecking the Gatt's Uruguay Round treaty.
      Reuter  -  35 words
  • Article
    MARKET SUMMARY
    162 1 Stock market indices Wednesday Change ST1I 2,368.31 +23.08 KLSEComp 1,137.00 +8.71 Nikkei 20,089.72 +268.26 Hang Seng 9,532.35 +170.03 SET Index 1,470.90 +26.64 Jakarta Comp 511.42 -0.96 CLSA China B ....1,155.84 -9.92 Aust All Ord 2,002.6 -1.0 FTSE 100 3,100.5 +27.5 Wednesday Previous 2pm EDT close Dow Jones 3,872.79
    162 words
  • Article
    HK firm Singamas offers 50m shares in SES secondary listing
    496 1  -  By William Chia SINGAPORE Hongkonglisted Singamas Container Holdings is offering 50 million new shares at HKS2.6O each to raise HKSI3O million (5524.9 million) in a secondary listing on the Stock Exchange of Singapore (SES). Eric Ang, senior vice-presi-dent of DBS
    496 words
  • Article
    TRI drops UBS as lead manager of its bond issue
    443 1  -  From Ho Kay Tat in KUALA LUMPUR TECHNOLOGY Resources Industries Bhd (TRI) has dropped Union Bank of Switzerland (ÜBS) as the lead manager for its US$4OO million (***** million) Eurobond issue, which has been delayed for nearly half a year.
    443 words
  • Article
    Wong Meng Meng, 3 WYL partners to form new law firm
    483 1  -  By Ramesh Divyanathan SINGAPORE Three partners from the legal practice of Wong Yoong and Lim (WYL) are joining Wong Meng Meng Partners to form a new, as yet unnamed, partnership. They are Lim Suet Fern, Yoong Nim Chor and
    483 words
  • Article, Illustration
    PM Goh calls for joint business councils to help Europe's push into Asia
    645 1  -  By Chuang Peck Ming SINGAPORE Set up joint business councils and cross-cultural institutes and programmes to help speed up Europe's economic push towards Asia, Prime Minister Goh Chok Tong suggested last night. Europe's belated move into Asia
    645 words
  • Article
    Software bug hits phone lines islandwide
    404 1  -  By Genevieve Cua SINGAPORE A software bug caused roughly two-thirds of all telephone lines in Singapore to shut down temporarily yesterday in the first islandwide disruption to telecommunications services. The outage, which affected about half of Singapore's 28 exchanges, disrupted local and international direct
    404 words
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      95 1 Bu rberrys I m§-WK I I Reigns when it pours > contents l STpwe News 2 5£J5?m*21.22.23 Reponal New 3.4.6 Financial 26.27 World News 8.9 Features Muii®ts 19 Qob/KISE. SES 30-32 Eitton* 18 fcfoml —.28 Sports 16.17 World 29 TV/Lrtestyte 13 Currencies 26 lav 15 Smw/Commo .26.27 iMtocriptkwi Id 1800-*****77
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      22 1 Innovation:Pg is Misunderstood genes Deputy US Trade Representative expects dramatic statement from Apec leaders at their summit next month Interview, Pg 19
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      13 1 Hock Lock Siew: pg 21 /Av A lot is riding on Indosat tiding
      13 words
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      15 1 Singapore plans third industrial zone in Vietnam; Hanoi says W to Coke plant, Pg 2
      15 words
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      90 1 f~Bott(xm\Line: pg 20 WhaiEurope can do for Palestinians BRUNOMAGLI L*h r i W L 6r SOLE AGENT: Boutiques: Centrepoint #01-10 Te1:737 4509 Paragon By Sogo #01-1? T«1: 734 MJS Open daily from 10.00 am to B.oopm Corners: Metro Paragon Metro Marina Tangs Superstore Sogo Takashimaya S.C. Also available at: Kuala
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      4 1 iiVnll m icrrriTHMW LUNETTES
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Loss of appetite for eating out
        284 2  -  By Corinne Kerk WINING and dining at pubs and restaurants slowed down in June, the latest figures from the Singapore Tourist Promotion Board show. Cess collection that month was $1.18 million, or 14.5 per cent lower than the $1.38 million recorded in May. This
        Source: Dept of Statistics  -  284 words
    • Article
      Aussie investment office opens here to boost economic links
      378 2  -  By Peter Osborne THE economic relationship between Singapore and Australia is expected to be enhanced, and bilateral investments boosted, with the official opening here yesterday of the Australian Investment Office. Speaking at the opening of the new investment centre, Singapore Minister
      378 words
    • Article
      S'pore company to sink 5b rupees into Indian textile plant
      284 2  -  By Michelle Low LOCAL pipe and tube maker Steel Tubes of Singapore (STS) will pump 5 billion rupees (***** million) into a textile-spinning factory in the central Indian state of Madhya Pradesh. A memorandum of understanding signed on Tuesday between
      284 words
    • Article, Illustration
      Singapore planning a third industrial zone in Vietnam
      490 2  -  World Economic Forum Reports by Haristi Mehta THE SINGAPORE government is keen to develop a third industrial zone in Vietnam, in addition to two others it is investigating. Vietnamese First Deputy Prime Minister Phan Van Khai said yesterday. "We have introduced the
      490 words
    • Article
      Too much cola, so Vietnam says 'no' to Coke plant
      356 2 A PLAN to bottle Coke in Ho Chi Minh City was rejected because of a flood of cola supplies in the country, Vietnamese First Deputy Prime Minister Phan Van Khai said yesterday. "Of course, we have a priority list of
      356 words
    • Article
      Union leader De Payva backs call to revamp wage system
      346 2  -  By Ven Sreenivasan A SENIOR unionist yesterday expressed support for National Trades Union Congress secre-tary-general Lim Boon Heng's call to revamp the senioritybased wage system in Singapore. Singapore Manual and Mercantile Workers Union (SMMWU) secretary-general John De Payva said that
      346 words
    • Article, Illustration
      $82m high-tech building in Ang Mo Kio to be ready in April
      224 2 TECH POINT, an $82 million hightechnology building being developed by Technology Parks at Ang Mo Kio industrial estate, will be ready for occupation by next April. At a topping-out ceremony yesterday, Jurong Town Corp chief executive and Tech
      224 words
    • HEARD AT THE FORUM
      • Article
        Hold the phone, it's Ramos calling
        116 2 TODAY promises to be a lively act at the World Economic Forum as Philippine President Fidel Ramos makes his grand appearance at the 8.30 am plenary session, where he is due to deliver the keynote address. Mr Ramos' entourage reportedly includes about 50 officials
        116 words
      • Article, Illustration
        Ins and outs of global leadership
        230 2 PACIFIC Century's Richard Li (right). 27, is probably one of the youngest if not the youngest member in the WEFs club of "Global Leaders for Tomorrow". With a straight face, I asked Nancy Tranchet. a WEF staffer, how my colleague, Chuang Peck Ming, and
        230 words
      • Article
        How to tell an Ig-bol from an Ig-wel
        118 2  -  -By Catherine Ong THE DIVERSITY of the WEF's membership is without doubt. The participants' list at this year's talkfest includes the usual suspects CEOs of multinationals, bankers, academics and government officials. We were intrigued to learn that Victor Sakharov, president of the
        118 words
    • Article
      Look beyond S'pore, STPB chief urges tourism industry
      292 2 LOCAL businessmen who want to invest in tourism should not limit themselves to Singapore, the new chief executive of the Singapore Tourist Promotion Board, Tan Chin Nam. said yesterday. Just as local manufacturers have taken their expertise and know-how regional and Singapore
      292 words
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  • SOUTH-EAST ASIA
    • Article
      Storm in Thailand over choice of Thaksin as foreign minister
      397 3  -  From Loh Hui Yin in BANGKOK THAKSIN Shinawatra is facing a storm of criticism ranging from inability to a lack of integrity over his proposed appointment as Thailand's next foreign minister. The high-profile businessman was offered the portfolio by the
      397 words
    • Article
      Lock icon Indonesian parliament ratifies bill to join world trade body
      252 3 AFP JAKARTA Indonesia's House of Representatives yesterday unanimously ratified a draft bill to join the new World Trade Organisation (WTO). Deputy House Speaker Suteja said "all factions have given their accord to ratify the draft bills... and make them into laws,"
      AFP  -  252 words
    • Article
      Lock icon Vietnam suspends rice exports as floods hit crops
      423 3 AFP Reuter HANOI Vietnam has suspended rice exports for a month following floods that have hit crops in the Mekong delta, the country's main producer of the grain. The Ministry of Agriculture yesterday ordered state export firms to suspend sales for a
      AFP; Reuter  -  423 words
    • Article, Illustration
      Lock icon UK hopes to sell fighters, tanks to Jakarta
      228 3 Reuter JAKARTA Britain will strengthen defence ties with Indonesia and hopes to sell it Hawk fighter planes and Scorpion tanks, visiting British Chief of Defence Staff Peter Inge said yesterday. Field Marshall Inge told reporters after talks with Indonesia's President Suharto that
      Reuter  -  228 words
    • NOTEBOOK
      • Article
        Lock icon Indon squad to check illegal logging
        95 3 Reuter JAKARTA Indonesian troops and forestry officials will form a special squad to check rampant illegal logging in archipelago, Forestry Minister Djamaluddin Suryohadikusuipo said yesterday. The team is expected to begin its task j>y cracking down on the use and ownership of chainsaws. months
        Reuter  -  95 words
      • Article
        Lock icon KL trade surplus up 6.2% in July
        69 3 AFP KUALA LUMPUR Malaysia recorded a trade surplus of M 5194.5 million (SSIIO.B million) in July, up 6.2 per cent from the previous month. The Statistics Department said yesterday that the July surplus was 77.8 per cent lower than in the same month
        AFP  -  69 words
      • Article
        Lock icon KL abolishes import tax on chickens
        76 3 Reuter KUALA LUMPUR Malaysia, in its latest move to fight inflation, has abolished an import tax on frozen and live chickens to clip soaring prices of domestic fowl, national news agency Bernama said yesterday. The government lifted a M 51.32 (550.75) a kg tax
        Reuter  -  76 words
      • Article
        Lock icon New directors for Bapindo
        96 3 Reuter JAKARTA Indonesia has moved to clean up a state bank which was at the centre of a loans scandal by appointing a new set of directors, Finance Minister Mar'ie Muhammad told the official Antara news agency yesterday. Five new directors have joined the Indonesia Development
        Reuter  -  96 words
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      35 3 menu to of many Wk* equally impressive. Presented Korean hospitality. will believe the Maitre D' a very short while. But we have ■Ppm himself is serving you. no doubts that you will enjoy pflpH stay.
      35 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Beijing reaffirms Deng's policies
      388 4 Communist Party rules out Western-style democracy, socialist-style planned economy Reuter BEIJING China's Communist Party yesterday reaffirmed the policies of 90-year-old leader Deng Xiaoping and said there would be no move to Western-style democracy or a return to socialist-style planned economics. The official People's Daily. adding its
      Reuter  -  388 words
    • Article
      Lock icon China may be developing new nuclear arms: institute
      270 4 Reuter LONDON China, which conducted another nuclear test last week despite a moratorium agreed by other big powers, may be developing new nuclear weapons, a leading international institute said yesterday. The test was China's third in a year and brought expressions of
      Reuter  -  270 words
    • Article
      Lock icon EU to advance 1995 China import quotas
      180 4 Reuter BRUSSELS The European Union plans to allow EU importers of Chinese non-textile imports to draw on 1995 quotas as early as the end of this month or early November. Konrad Neundoerfer, dele-gate-general of the Foreign Trade Association, yesterday said the European Commission
      Reuter  -  180 words
    • CHINAWATCH
      • Article
        Lock icon China's industrial output up
        65 4 AP BEIJING China's industrial output rose by 21.8 per cent to 140 billion yuan (5523.8 billion) in September, from the same period a year earlier. The State Statistical Bureau yesterdaysaid the figure, which included the industrial output of China's smallest rural and village enterprises as well
        AP  -  65 words
      • Article
        Lock icon HK assures Beijing on its coffers
        92 4 AFP HONGKONG A government official yesterday sought to dispel Beijing's fears that Britain would empty the colony's brimming coffers before the 1997 handover. Hongkong Treasury Secretary Donald Tsang told a business gathering there was concern "that either the money would be spirited away to
        AFP  -  92 words
      • Article
        Lock icon Talks on Chinese troops in HK
        62 4 AFP HONGKONG Chinese and British officials are to hold talks here next month on detailed arrangements for the stationing of Chinese troops in Hongkong during the change of sovereignty in 1997. Secretary for Security Alistair Asprey yesterday said there was much practical work to
        AFP  -  62 words
      • Article
        Lock icon Jiang willing to meet Lee
        78 4 AFP TAIPEI A Taiwanese business leader yesterday said that Chinese President Jiang Zemin would be prepared to meet his Taiwanese counterpart on an appropriate occasion to head off misunderstandings across the Taiwan Strait. Mr Jiang, who was meeting a Taiwanese trade delegation in Beijing, gave
        AFP  -  78 words
    • Article, Illustration
      Lock icon Two's company
      34 4 AFP BEIJING It's indeed a fun ride. This monkey happily holds on to his master who is heading for work on his motorcycle. Many Chinese bring their pets to their workplace. AFP
      AFP  -  34 words
    • Article
      HK to invite applications for mobile phone licences soon
      393 4  -  From Lim Soon Neo in HONGKONG WITH demand for cellular phones growing at an annual rate of 30 per cent. Hongkong will invite applications for the provision of personal communications services (PCS) and other new cordless technology in the next few
      393 words
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      9 4 HK Telecom to invest HKs2b in China, Pg 23
      9 words
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      157 5 BECAUSE IT CAN ONLY BE YOUR PHOTO, IT CAN ONLY BE YOUR CARD. mßHßfifer tlmtb visa This is the new Citibank Photocard, the most the photo that appears on your card. Simply look through distinctive VISA and MasterCard in the world, y° ur album and P ick the one y°
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  • REST OF ASIA
    • Article
      Lock icon Colombo opens talks with Tigers today
      102 6 AFP COLOMBO Sri Lanka's new government will open direct talks with the Tamil Tiger rebels today in a bid to end the country's ethnic bloodshed, despite calls from influential figures for a military buildup as an insurance against failure. The rebel Liberation Tigers of
      AFP  -  102 words
    • Article
      Lock icon Political divide in Pakistan widens
      84 6 AFP ISLAMABAD Pakistan's political divide widened as both sides claimed victory in Tuesday's opposition-sponsored antigovernment strike, marred by sporadic violence that left six people dead. The opposition Pakistan Muslim League (PML) said the strike was a "success" but Prime Minister Benazir Bhutto's ruling Pakistan People's
      AFP  -  84 words
    • Article
      Lock icon Seoul petrochem trade surplus to soar
      66 6 Knight-Ridder SEOUL South Korea's petrochemical industry has estimated a petrochemical trade surplus of US$6OO million (SSBBB million) this year. The Naeway Economic Daily yesterday said South Korea was forecast to export US$3.5 billion and import US$2.9 billion worth of petrochemical products this year. The
      Knight-Ridder  -  66 words
    • Article
      Lock icon Aussie housing starts to fall
      95 6 Bloomberg Business News CANBERRA The government's principal advisory group on housing expects housing starts will fall 10 per cent to 160,000 in the year ending June 30, 1995, from 178,000 the previous year. The Indicative Planning Council for the Housing Industry yesterday forecast housing starts
      Bloomberg Business News  -  95 words
    • Article
      Lock icon Tokyo steps up tax watch on foreign films' profits
      369 6 Reuter TOKYO Hoechst Japan, a unit of German chemical firm Hoechst AG, yesterday said it had paid a hefty tax penalty in what tax experts cited as a trend in Japan towards tougher policing of rules on profits earned by multinationals.
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Divergent views leave doubts over US$-yen trend
      411 6 Reuter TOKYO Japan's prime minister has voiced his nation's longing for stable currency rates, but economists are split on whether the dollar's recent rise was here to stay. "Our nation believes that it is not desirable for currencies to fluctuate widely due to
      Reuter  -  411 words
  • Page 6 Advertisements
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      707 6 Mil mm?smra a 1111 UNITED OVERSEAS BANK LTD II I I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) To Holders of Warrants 1994 ("Warrants") UOB WARRANTS 1994 TO SUBSCRIBE FOR SHARES IN UNITED OVERSEAS BANK LIMITED EXPIRING AT 5.00 P.M. ON 23 NOVEMBER 1994 IMPORTANT NOTICE This is an important notice
      707 words
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      1074 6 Mil rj ib inr UNITED OVERSEAS BANK LTD II I V INCORPORATED N THE REPUBLIC OF SINGAPORE) To Holders Of: $167,954,614 1.5% Unsecured Loan Stock 1989/1994 ("Loan Stock") IMPORTANT NOTICE This is an important notice which requires your immediate action. Holders of Loan Stock ("Loan Stockholders") who are in doubt
      1,074 words
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  • THE WORLD
    • Article
      Lock icon Fed governor sees no sign of wage inflation
      413 8 But jobless data suggests policymakers should be on the alert, she says Reuter WASHINGTON Federal Reserve governor Susan Phillips said that so far there has been no indication that tighter labour markets are causing increases in wages that could add to inflation
      Reuter  -  413 words
    • Article, Illustration
      Lock icon Sign of the times
      37 8 Reuter PORT-AU-PRINCE A crowd of Haitians watching the construction of a sign welcoming back deposed President Jean-Bertrand Aristide here on Tuesday. Haitians are preparing for the return of Mr Aristide on Saturday. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Mild White House report says Espy has made amends
      326 8 The Washington Post WASHINGTON The White House on Tuesday issued a mildly worded report on Agriculture Secretary Mike Espy, concluding that no further action is necessary in the light of his resignation and his reimbursements for gifts and travel expenses. The
      The Washington Post  -  326 words
    • Article
      Lock icon Imminent US reports likely to show rise in inflationary pressures
      358 8 Bloomberg Business News WASHINGTON The figures on wholesale and retail prices the US Labour Department releases in the next two days are likely to be worth a second look. At first glance, they are not expected to show much of
      Bloomberg Business News  -  358 words
    • Article
      Lock icon Maths whizkid trader earns £13.9m salary in London
      201 8 AFP LONDON A trader at the London branch of Japan's Tokai Bank set a new record as Britain's highest-paid worker after his annual salary surged to £13.9 million (5532.5 million), a report said yesterday. Kaveh Alamouti, 39, described by his stock market
      AFP  -  201 words
    • Article
      Lock icon US warns Japan to open its car market or face sanctions
      449 9 Reuter WASHINGTON In a hardhitting speech on the US car industry, a senior American official warned Japan yesterday of mounting US frustration in the wake of a failed 15-month effort to crack open Tokyo's car market. Without action, he
      Reuter  -  449 words
    • WORLDWATCH
      • Article, Illustration
        Lock icon Blasting symbols of suburban decay
        39 9 Reuter VENISSIEUX, France Slum area apartments known as Les Minguettes being destroyed by dynamite on Tuesday in Venissieux, south-eastern France. The 10 blocks, built in the *****, became a symbol for suburban deterioration. Reuter
        Reuter  -  39 words
      • Article
        Lock icon Swiss court on banks' legal obligations
        63 9 Bloomberg Business News ZURICH Switzerland's highest court said on Tuesday that banks have no legal grounds to challenge prosecutors' requests for client information. Banks are entitled to fight in court only requests by prosecutors for assistance with arrests. The ruling comes after prosecutors gave
        Bloomberg Business News  -  63 words
      • Article
        Lock icon House moves against Walesa
        47 9 Reuter WARSAW Poland's Lower House of Parliament yesterday turned its guns on President Lech Walesa, agreeing to debate a motion accusing him of destabilising the constitutional order. Although the motion has no legal implications, the decision signalled parliament's dissatisfaction with his work. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Reformist confirmed as Kazakh PM
        52 9 AFP ALMA ATA Kazakhstan's parliament easily confirmed yesterday a 42-year-old radical market reformer as prime minister to lead the central Asian state out of economic crisis. Akyezhan Kazhegeldin won 132 out of the 177 votes to take the place of Sergei Tereshchenko who resigned on
        AFP  -  52 words
      • Article
        Lock icon World Bank should focus on poverty
        63 9 Reuter WASHINGTON The United States is pressing the World Bank to go beyond its rigid belt-tightening measures of the past and make poverty relief its top priority. Lawrence Summers, US Undersecretary of the Treasury for International Affairs, yesterday said: "The bank will have to,
        Reuter  -  63 words
    • Article
      Lock icon Production in UK, US, Canada, Germany up
      229 9 AFP WASHINGTON Industrial production in Britain, Canada, Germany and the United States has climbed above prerecessionary levels while Japan and France are still struggling to catch up. The International Monetary Fund said this week that US output in July was 7.4 per cent
      AFP  -  229 words
    • Article
      Lock icon UK interest rates unlikely to be raised further
      235 9 AFP LONDON Further hikes in British interest rates looked increasingly remote yesterday, after underlying inflation plummeted to a surprise record low, sending share prices soaring. The retail price index, or headline inflation, rose by 2.2 per cent in September, on a 12-month
      AFP  -  235 words
    • Article
      Lock icon Japan cool to Russian plan for joint free zone on Kurile islands
      243 9 AFP TOKYO Russia has officially asked Japan to join in the development of a free economic zone on the disputed Kurile Islands, a news report said yesterday, but Japan remained cool to the idea. In a dispatch from
      AFP  -  243 words
    • Article, Illustration
      Lock icon Tory leaders seek to play down Euro row
      470 9 In-fighting at party conference shows no signs of ending Reuter BOURNEMOUTH. England Conservative Party leaders yesterday sought to dismiss a row over Europe as the work of an embittered minority and tried to shift the focus of their annual conference onto the
      Reuter  -  470 words
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      178 9 t /1/c ffeditaH*a/iea/i zFwst All SHw Senses/ ,/t JP Bastiani, lunch is a Mediterranean culinary A experience to be savoured in every sense. I —---> Prepare to be overcome by the aroma of delicate Lunch: spices wafting from our wcxxl burning oven and grill. $26+°+ person ?or Your tastebuds will
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      1022 12 Nothing BrntS A ftld- fflHVl'fll WHERE TO WINE, DINE AND ENTERTAIN OF £(>iKfluty (kaWhy not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's first theme karaoke lounge at the Hotel. tifofaVt/t PIazaHOTEL I till It .;»t' l:\-SM jSti
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      Page 12 Advertisements Column 2
      440 12 IlillOUgllo 1-/11 Ollgllo jßinougli'Etiough is enough. 35 appetisers, 20 desserts plus main courses. 'Hfien our guests start on the appetiser spread at our monthly international lunch buffet, they neverJinish. In fact, they always end up conceding that they ve had more than enough. Come try it to believe. JQD 'Jor
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Man of strong words gets Booker
      452 13  -  Award winner calls for Scots not to be culturally drowned by the English, reports Paul Majendie Paul Majendie Reuter Scottish writer James Kelman on Tuesday narrowly won Britain's top literary prize with a black comedy about a blind drunk that is peppered with expletives.
      Reuter  -  452 words
    • Article, Illustration
      An evening of fine music and high comedy
      691 13  -  Combining talent with cheek, the Canadian Brass provide great entertainment, reports P Y Van P Y Van THE Canadian Brass, fine musicians in formal tails and cheeky sneakers, scored one over their audience on Tuesday night when they marched in from the
      691 words
    • Article
      Lock icon Thatcher's daughter-in-law plans divorce: report
      315 13 CHATTERBOX Reuter Reuter NYT THE WIFE of Mark Thatcher, the son of former British prime minister Margaret Thatcher, is about to file for divorce. The Sun newspaper reported yesterday. The tabloid newspaper, known for its lurid stories about politicians and celebrities, quoted "a friend" as
      Reuter; NYT  -  315 words
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      108 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1078 13 1 TV RADIO I A poor man's Jonathan Silverman ing the same day and over when a scientific experiment -Vt' > > goes wrong. This Jf based on the book 12.01pm by Richard Lupoff. also stars Mar- -v jfj y I grandson (Charlie a bump on the head. Soon, the
      1,078 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Lock icon Revolutionary way of getting rid of stench and cockroaches
      573 14  -  Markos Tando reports on the all-natural, non-toxic product Markos Tando YOU don't have to put up with foul odour any more odour from grease traps of hawker centres and restaurants, garbage trucks, rubbish bin chutes of high-rise apartments, and sewage treatment
      Photo by Chris Loh  -  573 words
    • Article
      Lock icon Some genes aren't bad, they're just misunderstood
      558 14 AP TWO middle-aged women are eating ice-cream sundaes, looking puzzled, in a New Yorker cartoon last year. Says one: "If homosexuality is inherited, shouldn't it have died out by now?" Variations of that simple but baffling question have arisen repeatedly, not only for
      AP  -  558 words
    • Article, Illustration
      Lock icon US firm plans to introduce computer movies
      578 14 Reuter L C OMING to a Com- puter Screen Near You" will be a common Hollywood promotion in the not too distant future, if Image Entertainment Inc has its way. Image, a company based in Chatsworth, California, that produces laser disks, is set
      Reuter  -  578 words
    • INTAKES
      • Article
        Lock icon Cell 'switchboard' earns the Nobel
        120 14 AP STOCKHOLM The discovery that netted two Americans the Nobel Prize in medicine is an internal "switchboard" in cells that has helped scientists understand such killer diseases as diabetes and cholera. Alfred Gilman and Martin Rodbell were the first to identify G-proteins and the role
        AP  -  120 words
      • Article
        Lock icon Hubble know-how to fight breast cancer
        102 14 AP WASHINGTON The war on breast cancer is getting more and more high-tech. Technology that enables the Hubble space telescope to peer deep into galaxies thousands of light years from earth should soon enhance the ability of radiologists to screen for breast cancer, scientists
        AP  -  102 words
      • Article
        Lock icon Laser surgery for heart patients
        89 14 NYT WASHINGTON For a few very sick heart patients, a new surgical technique using lasers may offer a chance of survival. In a form of high-tech bypass called laser revascularisation, surgeons create new blood supplies for the heart using computer-controlled lasers to drill tiny channels
        NYT  -  89 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      40 14 I Hai-]j£n-Lo k Pu> <£b. Heavenly Cuisine. By Master Chef Chan Chen Hei. 37th Floor. f HOW HIGH CAN YOU DINE? The Pan Pacific Hotel Singapore Marina Square, 7 Raffles Boulevard, Singapore 0103 Tel: 336 8111 Fax: 339 0382 I
      40 words
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      Page 14 Advertisements Column 2
      150 14 SECU ROTSATTON A 4 Day Workshop asia pacific 14 .17 November 1994 Professional Training and Consulting for the Finance Sector Important strategic and financial tool for: Financial Institutions Project Developers Infrastructure Funding Medium to Large Corporates Learn from one of the Leaders in this field: The key components, how to
      150 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon California plans pre-trial publicity laws
      730 15 In the wake of the Simpson case, moves are afoot to rein in talkative lawyers outside the courtroom NYT Most states have either laws or bar association rules governing pretrial publicity, though enforcement is usually lax. But California has no such regulations to enforce. Now,
      NYT; AFP  -  730 words
    • Article
      Latest legal literature
      440 15 Asia Intellectual Property' Reports People who have to deal with intellectual property rights are likely to find a new publication Asia Intellectual Property Reports very useful. It is the first regional intellectual property law report in Asia. The realm of intellectual property, which includes copyright, patents and
      440 words
    • Article
      Singapore court upholds Chinese arbitrators' decision
      466 15  -  AT THE BAR By Conrad Raj IN WHAT is believed to be the first legal action of its kind, a Singapore court has upheld the decision of Chinese arbitrators in a trading dispute between Singapore and Chinese parties. The case had its beginnings in
      466 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      142 15 OPPORTUNITY. FROMm!s6qq^^^Sßßßl //l. /^JS/rj^Y/Z/S/ I Dream Home In One Of Australia's Most Exclusive Residences I *76 units of 3-bedroom town houses on 18-hole Bermuda grass golf course I I 220 acres of scenic estate Tennis courts, swimming pool, bowling I Centrally located between Brisbane greens, BBQ area, Resident Clubhouse, and
      142 words
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      Page 15 Advertisements Column 2
      340 15 A copy of the Prospectus has been lodged with and registered by the Registrar of Companies and Business in m Singapore who takes no responsibility for its contents. I SINGAMAS CONTAINER HOLDINGS LIMITED I (Incorporated in Hong Kong on 7 October 1988) I Invitation in respect of I 50,000,000 New
      340 words
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  • SPORTS
    • Article, Illustration
      Lock icon Ballesteros confident he can win sixth Match Play title
      609 16 Ballesteros: I'm in better form and a better frame of mind this time Golf Reuter WENTWORTH, England Seve Ballesteros, a late invitation to the World Match Play golf championship, has every reason to feel he can win it. The 37-year-old Spaniard
      Reuter  -  609 words
    • Article, Illustration
      Lock icon Norman fit and eager for Grand Slam
      349 16 Reuter NEW YORK Greg Norman has pronounced himself fit and eager to take on the year's major championship winners at next month's Grand Slam of Golf. Norman, sidelined more than a month by an intestinal ailment, said this week he had lost 6kgs
      Reuter  -  349 words
    • Article, Illustration
      Lock icon Ma makes excuses for his runners, S'pore loses opening takraw game
      660 17 Asian Games AP AFP HIROSHIMA Low athletics standards in Asia were to blame for Ma Junren's women runners looking so ordinary, the Chinese coach said at the Asian Games here yesterday. "They are only going to run fast when
      AP; AFP; Reuter  -  660 words
    • Article
      Lock icon Foreign coaches say mental-change needed
      342 17 Reuter HIROSHIMA Foreign coaches hired by countries at the Asian Games say it is not the physical, but the mental barrier athletes from the continent must cross to defeat the best from the West. "It is all in the head," says Klaus Schlappnar, the German
      Reuter  -  342 words
    • Article
      Lock icon Prospects look bleak for England in Ashes bid
      462 17 AFP PERTH, Australia There is a popular sports night quiz question here: which England cricket captains have led their country to victory in an Ashes series in Australia over the past half century? The answer, suggests the quizmaster not without a smirk
      AFP  -  462 words
    • SPORTSSHORTS
      • Article
        Lock icon Untitled
        660 17 AFP AFP HIROSIIIMA The latest international dope tests run on the world record-breaking distance runners of Ma's Family Army are negative. a top athletics medical official revealed yesterday. The news coincided with Ma revealing that 11 of his athletes had their appendices removed in the last year and had been
        AFP  -  660 words
      • Article, Illustration
        Lock icon Cricket
        54 17 Reuter LAHORE A valiant unbeaten 98 by Hansic Cronje was not enough to prevent South Africa losing by six runs to Australia in the opening match of a triangular oneday tournament yesterday. Replying to Australia's modest 207 for six. South Africa were 201 for eight at the end of
        Reuter  -  54 words
      • Article, Illustration
        Lock icon Ice hockey
        140 17 AP BRANTFORD, Ontario An irate hockey fan is suing the NHL. its owners and commissioner Gary Bettman for refusing to start the season. Michael Lewicki. 42. of Brantford filed the suit on Tuesday. alleging "gross neglect and misfeasance" by the owners. He contends the owners locked out the
        AP  -  140 words
      • Article, Illustration
        Lock icon Tennis
        85 17 Reuter TOKYO French Open champion Sergi Bruguera and threetime Wimbledon champion Boris Becker were knocked out of the Seiko Super tournament yesterday. Second seeded Bruguera lost 6-7 6-2 7-6 to unseeded American Tommy Ho while Becker was defeated 6-3 6-4 by New Zealander Brett Steven, also unseeded. Earlier, seventh
        Reuter  -  85 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      504 16 Qtj^TT»€^L.ir> BUSINESS TIMES LIFESTYLE ART LOVERS SHOULD BE SENT TO WHERE THEY BELONG. IBM dffi# If 'tw Great works of art are like manifestations of true love they have the intrinsic quality to £S stand the test of time. Museums are monuments devoted to artistic achievements. mm Indeed, great museums
      504 words
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      Page 16 Advertisements Column 2
      377 16 HOTEL PROPERTIES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT S$ 154,989,500 3.5% UNSECURED LOAN STOCK DUE 1998 Closure of Register of Loan Stockholders Pursuant to the terms of issue of the S$ 154,989,500 3.5% Unsecured Loan Stock Due 1998, the annual interest on the Loan Stock at the rate
      377 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      193 17 m m m II M_M |i A CALLAWAY BOBBY JONES FROM PAN-WEST For the whole of this month, ending 31 st October 1994, Pan-West is offering selected Callaway" Bobby Jones" Woods and Irons at some very exceptional prices. So make your way to our conveniently located outlets now before the
      193 words
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  • Article
    History's lesson for New Zealand
    511 18 EDITORIAL THE New Zealand economy has never looked in better shape. Official statistics released last week show that New Zealand's GDP grew by 6.1 per cent in the year to June, the strongest among the Organisation for Economic Co-operation and Development (OECD) member-nations. They are
    511 words
  • WHAT THE OTHERS SAY
    • Article
      No way out for Saddam
      349 18 PRESIDENT Saddam Hussein of Iraq probably did not anticipate the swiftness with which the world responded to his menacing moves along the border with Kuwait. The reasons for his provocative action are still not clear, but. obviously, only the speedy despatch of a formidable multinational
      349 words
    • Article
      HDB upgrading: all in good time
      161 18 WITH a rising level of affluence. Singaporeans are pragmatic about ways to enjoy the fruit of their labour. They know that land is scarce. Hence, for the majority, enjoying a higher standard of living in terms of a better housing environment would mean a
      161 words
    • Article
      Sanctions prove ineffective
      163 18 THE WEST imposed economic sanctions against Iraq with the aim of turning the Iraqis against Saddam Hussein so that he would be overthrown eventually. Economic sanctions might be one way to deal with Saddam's dictatorship. However, this measure is not effective in dealing with the dictator's arrogance,
      163 words
    • Article
      Worrying emigration trend
      178 18 THE unexpectedly high number of people applying to emigrate is worrying. In the past two months, applications to resettle in Canada and Australia have risen considerably. Immigration consultants also have reported business has grown by about 20 per cent. Ot course, people come and people go. The
      178 words
    • Article
      Indicators call for caution
      127 18 THE KEY indicators of the Indonesian economy so far this year, although not a cause for alarm, call for extra caution. The balance of payments seems to have undergone stronger pressures caused by a decrease in oil export revenues and smaller gains in non-oil exports. Although
      127 words
    • Article
      A multilateral forum is better
      78 18 ALTHOUGH Japan and the US narrowly escaped a head-on collision by reaching partial agreement last week in the trade-framework talks, tensions are bound to flare up sooner or later. Now is the time for Tokyo and Washington to throw out their myopic framework of bilateral
      78 words
  • Article, Illustration
    A sony case of selective vision and reporting
    801 18  -  Anthony Rowley says Western journalists displayed thoroughly unprofessional conduct at the 49th IMF/World Bank assembly in Madrid last week Anthony Rowley The writer. BT's Tokyo Correspondent, covered the IMF and H orld Bank meetings in Madrid last week WESTERN media correspondents covering
    801 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      265 18 WINNERS' I CIRCLE Which stock gave investors a return of nearly 1,000 per cent over the past four years? And who will be next year'stop earners? Find out in our cover story. ALSO IN THIS ISSUE: I 7**+ ***2 r I Surging values in office property City-by-city guide to Aussie
      265 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      72 18 I Tp\V<e MR JOME.S (SO U)Hf\T ?J Heße is (cops mg. J y copy CF ROUGLS) v RejGUUPvTiOMS... U«WcI*RS?J co^p^v) o^r-w r< A ,jc, ATt oH E w S PO»^,To.m^m^-- y "V UprtUEP^ DOONESBURY GARRY TRUDEAU I I Fs=l WfAU! ~I TUMKre MtfMAFJ- BIT OF AN YOU MEET HEVJUST MWkv>
      72 words
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  • ANALYSIS
    • Article, Illustration
      A decisive push for Apec free trade soon
      1441 19  -  In an exclusive interview. Deputy US Trade Representative Charlene Barshefsky tells Yang Razali Kassim she expects *a dramatic statement' from Apec leaders at their summit in Bogor next month, agreeing on a date by which Apec will become a free-trading region Yang
      1,441 words
    • Article, Illustration
      Lock icon Acknowledging the wave of the future
      1167 19  -  Peter Passell discusses the work of the three winners of the Nobel Prize for economics Peter Passell NYT THE 1994 Nobel Memorial Prize in Economic Science a U*****,000 (551.38 million) award to be divided among three pioneers in the field of game theory celebrates
      NYT  -  1,167 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      194 19 f his RESTAURANT is J <f regarded as perhaps the I "BEST IN THE WORLD. f (The world outside of France, that is.) He's considered by many to be the finest S) Iff chef of our generation. His restaurant, Jean-j(guis at the Watergate Hotel, has been ok m hailed by
      194 words
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  • Article, Illustration
    Lock icon Political crisis looms as Yeltsin sacks minister over rouble fall
    609 20 Reuter AFP AP MOSCOW President Boris Yeltsin fired acting Finance Minister Sergei Dubinin and demanded the head of conservative Central Bank chief Viktor Gerashchenko yesterday as the hunt for a scapegoat for Russia's rouble collapse began. Mr Yeltsin said the
    Reuter; AFP; AP  -  609 words
  • Article
    Lock icon China's Jan-Sep trade surplus leaps to US$1.4b
    292 20 Bloomberg Business News AFP HONGKONG China registered a trade surplus over the first three quarters of the year with exports surging past imports by US$l.3B billion (552.04 billion), the official Xinhua news agency reported yesterday. That compares to a U556.97 billion deficit in
    Bloomberg Business News; AFP  -  292 words
  • Article
    Lock icon Umno accepts Thamby Chik's resignation from all posts
    322 20 The Straits Times KUALA LUMPUR The Umno Supreme Council last night accepted the resignation of Malacca Chief Minister Abdul Rahim Thamby Chik from all his government and party posts. Umno president and Prime Minister Mahathir Mohamad said after the meeting that council
    The Straits Times  -  322 words
  • Article, Illustration
    Europe's contribution to the Palestine peace process
    816 20  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer is a Member oj the European Parliament. He contributed this article to Business Times INSIDE the headquarters of the new Palestine self-rule authority, in the Gaza Strip, sits a tired and disconsolate Yasser Arafat
    816 words
  • Article
    Lock icon Seagate's first-quarter profit better than expected
    281 20 Bloomberg Business News SCOTTS VALLEY, California Seagate Technology Inc, one of the world's largest diskdrive makers, yesterday said computer industry growth improved the company's fiscal first-quarter profit. Disk drives, or hard drives, are memory devices that store information inside computers. "The summer quarter is
    Bloomberg Business News  -  281 words
  • COMPANYRESULTS
    • Article
      Lock icon Lloyds Chemists: pre-tax rises 17%
      71 20 Bloomberg Business News LONDON Lloyds Chemists pic, which operates the largest UK chain of pharmacies, said 1994 pre-tax profit rose 17 per cent compared with last year, to £58.3 million (Ssl34 million), exceeding analysts' expectations. Market estimates for Lloyds' earnings for the year ending June
      Bloomberg Business News  -  71 words
    • Article
      Lock icon Charles Schwab: profit up 41%
      70 20 Bloomberg Business News SAN FRANCISCO Charles Schwab Corp said its third-quarter profit rose 41 per cent, even as the securities industry suffers its worst slump in four years. The nation's biggest discount broker said earnings for the three months ended Sep 30 rose to a
      Bloomberg Business News  -  70 words
    • Article
      Lock icon Goodyear: higher earnings expected
      64 20 Reuter NEW YORK Goodyear Tire Rubber Co chairman Stanley Gault said preliminary estimates of third quarter net income for the company were in the range of US$l46 million (SS2I6 million) to US$l5l million, or US$O.97 to US$l.OO per share. This compares to a net income of
      Reuter  -  64 words
  • Article, Illustration
    Lock icon US wary about Iraqi pullout, Clinton mulls options to contain Saddam
    537 20 Reuter AFP WASHINGTON The United States kept a wary eye on Iraqi military activity yesterday as President Bill Clinton worked on a plan to keep President Saddam Hussein from threatening Kuwait and other Gulf states in the future. US
    Reuter; AFP  -  537 words
  • Article
    Lock icon Spielberg, 2 Hollywood bigwigs to start US$2b studio: report
    540 20 Reuter LOS ANGELES Three of Hollywood's biggest powerbrokers filmmaker Steven Spielberg, former studio chief Jeffrey Katzenberg and music magnate David Geffen were yesterday reported to be forming an entertainment company to compete with the major studios. Mr Katzenberg, who headed Walt
    Reuter  -  540 words
  • Page 20 Advertisements
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  • ShippingTimes
    • Article
      Anera members expect to raise rates on May 1, '95
      431 21  -  By Alec Almazan SINGAPORE Member shipping lines in the Asia North America Eastbound Rate Agreement (Anera) indicated that a general rate increase can be expected for May 1, 1995. At a recent owner's level meeting in Southern California, Anera lines
      431 words
    • Article
      Lock icon US ships for hot spots in bad shape: study
      580 21 AP WASHINGTON Some commercial ships that haul Pentagon material to hot spots such as the Persian Gulf are poorly maintained, have frequent on-board fires and breakdowns, and pose a danger to their crews and the environment, a congressional investigation has found.
      AP  -  580 words
    • Article
      Lock icon Hard to salvage bodies from Estonia: official
      402 21 AP STOCKHOLM, Sweden A government investigator said on Tuesday it would be difficult to retrieve all of the bodies trapped inside the ferry Estonia that sank in the Baltic Sea last month. "Divers may be able to search on the upper decks... if
      AP  -  402 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      758 21 Page Col Accord Group 8 1-3 Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •APL 5 4/5 •Appenship 4 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line, The 9
      758 words
    • Article, Illustration
      Lock icon Left high and dry
      65 21 Reuter KARACHI, Pakistan A cargo vessel standing unattended on a deserted berth of the Karachi port on Tuesday. Port officials said the dock workers were not able to turn up for work because of an absence of public transport due to the nationwide general strike called
      Reuter  -  65 words
    • Article
      Lock icon Indian yard gets new lease on life after economic reforms
      639 21 Reuter VISAKHAPATNAM, India Fresh private sector orders for ships have injected new life into India's biggest shipyard, which is hoping to compete globally on the strength of its low labour costs. Top officials of the Hindustan Shipyard Ltd (HSL), located
      Reuter  -  639 words
    • Article
      DAILY FREIGHTS
      1323 22 SUBSTANTIAL gains of some 25 percent made by dry cargo shipowners in recent weeks were highlighted when the Baltic Freight Index hit an all-time peak of 1,788 on Tuesday. The index based entirely on caper and panamax tonnage was inaugurated on January 1, 1985 had previously recorded its
      1,323 words
    • Article
      THE SHIPPING GUIDE
      13269 30 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. LEW® PN: ship calls at Pcnang after
      13,269 words
    • Article
      SHIPPING AGENTS
      3285 35 A 1 A.BC Containerline NV: Belsin Shpg Agencies Pte Ltd (SV Marine Handling *»n Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). ytkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel l-iner Service: Kim Shpg Trdg (S). \}batros Sea-Air Service: Frata Shpg
      3,285 words
    • Article
      COURIER SERVICES
      286 35 \bacus Couriers Tel: 545-8011. Fax: 545-1898 Air Lxpress I ravel Tel: 533-5771. Fax: 535-6144 Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80 Airs*if) Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Citvlink International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies
      286 words
    • Article
      AIR FORWARDERS
      1530 35 Abe* Ei|rs Kreight Tel: 542-7171. Fa*: *****84. Actinic Forwarder Tel: 225-1833. Fa*: *****42. Aclitair Singapore Tel: 542-7822. Fa*: *****20. Aerolink Freight International Tel: 545-8033. Fa*: *****05. Verospeed Td: 542-5911. Fa*: *****18 Air Cargo Noto Fxpress Tel: 542-5454. Fa*: *****06 Air Ktpmt International Tel: 542-7666 Fa*: *****74. *****50. Air
      1,530 words
    • Article
      PORT CONDITIONS
      2592 36 ARGENTINA Santa Fe, Diamante: No vessels berthed, none in roads, none due. San Lorenzo: Two vessels berthed of which 1 loading maize, 1 by-products, 3 vessels in roads, 29 vessels due at 11 terminals during the coming week. Rosario: Six vessels berthed of which 1 soyabean oil, 1
      2,592 words
    • Article
      CRUISE & FERRY SCHEDULES
      1023 36 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep .Name of Vessel ETA ETD Forts of Calls Fort Agent Telephone No OCTOBER 13 14 Bremen I "WO 1800 Jakarta Barwil Agencies 225-2577 13 16 Nippon Maru 0600 1700 Jakarta Mitsui O S K Lines 225-3225 14 14 Delfin Star 1000 2100 Cruise
      1,023 words
    • Article
      SHIP SALES & TANKER RATES
      812 36 SHIP SALES TANKER RATES THE positive mood in the dry cargo sector has continued to fuel interest and whilst we have not seen any sales of the larger more modern bulkcarriers reported, this area has attracted the majority of buying interest, which is not surprising given the improved freight rates
      812 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        567 37 tmil Voy No Berth Arnval Departure Vessel Voy No Berth Arrival Departure jurofle Port Zhong Fa ***** P08A alongside 13.10/1400 Arktrs Faith 02D/03A 18 alongside 13.10/2300 Auto Diana 20 P01 12.10/1600 13.10/0200 Beteoroda 7/94 J15/16 alongside 13.10/0700 Ava 130W P04 13 10 0200 14.10/0600 Engi Ace 5
        567 words
      • Article
        CONTAINER SCHEDULES
        1000 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Acx lade 207B 14/1100 1A 12/1500 12/1659 12/1900 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 Ac* Rose 058B 14/2359 1A
        1,000 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        574 37 Carton aan Od 6 Otnaty Water Residue Ash Afcniium SeAnert Density Wits Reacte fati Aluwun Se<fcnent MM 1M M Emoa RG/IT3 V/V 1 MM MM PPM method KG/M*3 1 V/V M/M M'M PPM method Eastern USA 180 Ave 984 02 13.4 009 14 002 SO/Canac Units
        574 words
      • Article
        COCKETT BUNKER MARKET REPORT
        878 37 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        878 words
    • Article, Illustration
      Logistics firm plans great leap forward
      1142 38  -  Low-profile Chartered Materials Services is aiming to be a major regional player in three years' time, reports Jenny Lam Jenny Lam INVESTORS paid little heed when Singapore Technologies Industrial Corporation (STIC) bought a half-share in a logistics firm from sister company Chartered Industries of
      1,142 words
    • Article
      TRANSPORT DIARY
      351 38 COURSES Title: PSA/SFFA Dangerous iGoods Course (SDF 70%) 'Duration: Oct 19 Nov 18 (8 Evenings) 'Organiser Singapore Freight forwarders Association Tel: For more information •Contact SFFA Secretariat at '253-7550 or fax: 253-2303. t jTitle: 1-Day Familiarisation •Course on Singapore Bunkering Procedure (SDF, Case-by-case •basis) 'Duration: Oct 21 Organiser
      351 words
    • Article, Illustration
      Lock icon Vying to be Asia's air hub
      715 39 Many Asian countries are expanding their existing airports or building new ones to capitalise on the region's fast-growing air passenger and freight traffic Bloomberg Business News KANSAI International Airport in Japan may be the newest kid on the Asian airports sccne. But it'll soon
      Bloomberg Business News  -  715 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      21 21 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama Hotline *****30
      21 words
    • Advertisement
      Page 21 Advertisements Column 2
      26 21 Lines and service* represented by Members of the Registry of Accredited [»B0n») Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
    • Advertisement
      Page 21 Advertisements Column 3
      227 21 THE jg FAMOUS Cw&OH ■SMillJl* 224 1833 For more Information pleane refer to Pg. 1J Logistics firm Chartered Materials Services plans great leap forward, Page 18 Asian airports bid to become regional air hub, Page 19 TWA seeks to slash debt by nearly half in restructuring, Back Page Looking for
      227 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1888 22 import.... import.... [WORTH AMERICA] I OTHER DEBTItIATK>NB I HQIjTH AMt-qigAj I 1 MOM 111 l IB Bill MiiMIIH I wwAfowi cwufowM* pww wmm wot cww) ,1 «m store u om vn xa dm. noktw cmc m matoarr *sm stok I turnos mks montewpeo booi mwo satos twmime* parapum $h nam/wr
      1,888 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1854 23 lipping nmes, inursaay uciooer io A ,Tn IAoniMP qmipping AGENCIES JAROINE SHIPPING AGENCIES SDN. BHD. «!SS77??>.S™s.NGAPOne o». «-'»">« CFS CR NUMBER **********0 C Soh TEL *****3/4 FAX *****6 n n J s irrzsf (00 x;ssx 4 ESSS^opns, CUSTOMER SERVICE TEL *****92/*****9 JOHOR BAHRU TEL: 02-07-*****70 FAX: 02-07-*****99 Dedicated to Quality
      1,854 words
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      Page 23 Advertisements Column 2
      1724 23 msmmassm EAST MEDITERRANEAN MARSAXLOKK/PIRAEUS/IZMIR/ISTANBUL KOWLOON BAY V.4526 ETA SIN 17TH OCTOBER 1004 I I Vend Vo» E'* ETD DESTINATIONS N»>t ««*> METTE MAEBSK v 1«, 10 oeoo MRS J cfS 17/10 2359 MRS OAK LGB SfO MEM ATL MIA CHS BAL PHL NYC TOR METTE MAERSK 9408 18/10 19/10 05/1'
      1,724 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1439 24 I AQABA R OAM/ [1 ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) STON H'BURQ AWERP HAVRE MALAYSIA KAMAKURA 36/140 13/10 29/10 1/H 30/10 Poft Krtang. Pwvang ELBE ***** 17/10 2/11 5/11 7/11 9/11 Paslr Gudang THAMES ***** 19/10 5/11 8/11 6/11 EAST MALAYSIA HANNOVER EXPRESS 22/341 22/10
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      Page 24 Advertisements Column 2
      537 24 gSSk is I S pore P.Kelang Loading foe J FORUM WIND 11/10 Rdm/Atw/UK/Nantes I KAPITAN SOROKA 22/10 27/10 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia H I Loading for SINGA SUN Jeddah/Dubat/Bahrain/Damman I PAN CRYSTAL Dubai/Bahrain/Damman/Kuwait 'Loads Singapore, E./W. Malaysia. Indonesia I Loading for V STAR MAN Los Angeles/New Orleans/ I Charleston/NorfolK/CarrKlen
      537 words
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      Page 24 Advertisements Column 3
      1244 24 1 NOR ASIA IVSUVOY^ ARABIAN StA MOW 14/10 05/11 10/11 11/U 06/11 09/U 10/11 U/U 11/U I SEA AMCEDOMA 441W 19/10 12/11 17/U 16/11 15/U 16/11 16/11 17/U 17/U 16/11 I NORASIA Al MUNTA2AH 9442 3 26/10 16/11 23/11 24/11 22/11 23/11 24/11 2S/U 25/11 2CTU I SI VALUE 443W
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1464 25 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW guinea pacific line (A SERVICE OF CHINA NAVIGATION CO) cargo" out SAILS C I MAGA 111-30 VOSE Muara. Lib. KK 12-13 Oct 14 Oct 15 Oct FC I, LCI CONTAINER AND
      1,464 words
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      Page 25 Advertisements Column 2
      3404 25 Singapore Agent: KK7m m ||pyO P&O Containers (Singapore Agencies) Pte Ltd A. \J VilLClillvl 9 10 Hoc Chiang Road, #07-01 Keppcl Tower*, Singapore 0208 First Class Connections WORLDWIDE PNOCSP F 22S 7 EXPORT IMPORT T"st L MAERSK 9°o "iOMO "no TTtO U 3IMO "*TI SfTl MOMe"ROSA 9?03 "o9 T 2T09
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      590 26 i A r GENERAL AGENT C R NO: *****81-***** EKA JAYA AGENCIES >J||r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MO CW «MHM CITY PAGER I HANDPHONE/DIRECT I HEHWY HOC lUMtt J KELVIN CHAN IMM2J a—l J I tLUy WM iHMM InttMttMMSM I TO VIETNAM/HCMC CONTAINER-FEEDtR SERVICE
      590 words
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      Page 26 Advertisements Column 2
      1190 26 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71 2^ s ens i«i SIN IMI HAW SIA TV* PO* FOR *Sl Sf IM MAU. SA< IM KTC HAMM HONGKONG MK 21 10 WttCl 10/11 11/11 12/11 HANAN KUNSAN 105 C 15/10 M. UN YORK 0571
      1,190 words
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      Page 26 Advertisements Column 3
      110 26 SIM SWEE JOO SHIPPING KA SDN. BHD. REGULAR SERVICE TO BINTULU/MRI VESSEL IvOY PKL PGO KUC SIBU BTU MIRI' »W«I LOHO IATU 72 13/ '0 15/10 '8/10 '9/ '0 WMUAH JAYA 262 16/ 10 16/10 23/10 iQ AIT A JAY* 120 Zi< 10 I 23/101 30/'o| |3'/'o| ACCEPTING FCC CONTAINERS.
      110 words
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      Page 26 Advertisements Column 4
      1367 26 Im s» use wg rig n» m oh n w in im chs w mc iw mm mm nv m no cm ru sgp B~ l QEAMI H o*l 17/10 11/1# 21/10 24 10 21/10 31/10 1/11 2/11 1/11 0/11 5/11 U/U 29/11 1/12 2/12 12/12 11/12 10/12 15/12 10/12
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1993 27 1 'OOCL HOPE 34W' ETA SGP 15/10/94 II II II ETA RDM 31/10/94 FLX 01/11/94, II H II BRE 03/11/94, LEH 05/11/94 II EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA STTsel vnv in los oak van sit atl cu. <le (IB pal on
      1,993 words
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      Page 27 Advertisements Column 2
      1094 27 A MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) kSM 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 -Jk FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1076 28 44 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD («NO **********0M/GST REG NO M 2 *****99-6) K- TEL: *****77 TELEX: KAWAKI R*****5 FAX' *****16/7/8/9 1 W MALAYSIA "K" LINE MARITIME (MALAYSIA) SOW BHD m TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I INDONESIA: P.T. SARANA LAUTINTERNUSA, r
      1,076 words
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      Page 28 Advertisements Column 2
      1258 28 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG/BELAWAN PENANG/PASIR GUDANG VESSEL VOT sm PKI I BIN VESSEL VOY l SW PEN PGU MCC COWVEVQW 4MI II 10 IUEi 13 10 <THU. SEA LAUREL 327N 12 10 t¥MEO> 14,10 (FIB) VIGOUR SINGAPORE
      1,258 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      848 29 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I SSSSSSSStM CR NO **********0E "J 1 >li/| ai h IJ*! frZ. VESSEL VOV SIN CMB JIB HOD JED AOJ PZU MSW ASA AOE ITT KOTA BERANI BRNO9P H/10 24/10 30/10 1/11 3/11 5/11 10/11 13/11
      848 words
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      Page 29 Advertisements Column 2
      947 29 VESSELS W SW U NAVWI MAMBtWG IWES ROIUMMM »WIWtW Milt K IT** TOSW IS/10 10/U li/U l</U I</U "ijuToTwe* GOSW 2*/10 17/11 20/11 ?1/U 23/11 VllE K VII* VOSW 01/ll 23/11 M n K/U 27/11 n/U Wilt 0€ IIIAHA TOtW 30/11 01/12 03/12 M/ 12 /12 •*ISO ACCEPTING CARGO 10
      947 words
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      Page 29 Advertisements Column 3
      614 29 BSA -Mgh MYANMA ISttUi. FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Klj Pen P.Gdg SITTWE V64W Sated AVA VI3OW hi Port 13/15 Oct SU PAGAN V2I4W 18/21 Oct MALAYSIA AGENTS BOUSUAO SHPPtNG AGENCES KUL TU 03-*****00 PKL TEL 03-3H4747 PEN TU 04 *****5 PGO lEI 07-*****1/4
      614 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      2054 32 U S EAST COAST I NEW YORK ALL WATER DIRECT ||28 PWftffife I t C«wr<l T* |G«wr*o: B.L: 4205*02 Op*r*tk>n Contmtmmr. *****15 I cUI DDI klf* DTP I TA FtX (Ctilfiffc 22€1W€ CiilltoffJ 1%. J9AC7K ConiffltiOMf' 4205 746 I COST MR SHIPPING PTE LTD fri*x: 26*30 COSMIP Convfiitonsl: *****50 00.
      2,054 words
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      Page 32 Advertisements Column 2
      1040 32 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND P*l Pf N OH SW H*G *A 0 TAI KfE *Y I W*G *06 0S» NO) BUS MAN HM .'O6 N039 iTlo 1//10 1/ 18 10 77/ 10 23 10 74/10 76,10 01/111 07/111 03/11 WAN HM 716 NOCB 18 10 2MO 22 22 10
      1,040 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      424 33 /jg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/10 ROTTERDAM 17/10 AARHUS/COPENHAGEN 17/10 HAMBURG/BREMEN 17/10 MARSEILLE/FRANCE 14/10 FEUXSTOWE/UK 17/10 BARCELONA/SPAIN 17/10 LEHAVRE/FRANCE 10/10 GENOA/ITALY 17/10 ANTWERP/BELGIUM 17/10 LOS ANGELES/WC/IPI 14/10 SYDNEY/MELBOURNE 14/10 NEW YORK/EC 14/10 FREMANTIE/ADELAIDE 15/10 VANCOUVER 16/10 BRISBANE
      424 words
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      Page 33 Advertisements Column 2
      541 33 VESSEL VOY SIN SKL I[ I VIRA BHUM IMS Sun 16/10 W«d 119/10 VgSBCL MM KTW =^=_»CAPE RAY 03S ■UIRIBHUM. __Slti S«l »/1Q Moo IQSS Sun 23/10 Wd 26 io] L. ..1?...? M bhum W3*l Lwimivtwtu*—— M wwjv j J 'VESSEL VOY SIN BLW 1 1 [vessel VOY SIN HCM
      541 words
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      Page 33 Advertisements Column 3
      241 33 l^nl Guarant—d Sailings to:- BANGKOK/LAEM CHABANG/ LAOS) 15/10 (SAT). 18/10 (Til) POUT KEIAN6/PENANG 20/10 (THU), 21/10 (fW) HONG KONG 11/10 (Ttf). 21/10 (FW) JAKARTA 15/10 (SAT) MANM/CCBU/SUBK BAY 17/10 (MOW) HO CHI MMH 21/10 (FM) SURABAYA 18/10 (SUN) ■USAN It/10 (SUN) PONGNAMA LINE CONTAINERISED SERVICE BTWAITS/PLW/INC/MN KSSU (IBS) SGP m
      241 words
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      Page 33 Advertisements Column 4
      608 33 gt^^^^RICHFIE^^S^RIII^^GtNCIE^(S^7T^^B TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E 3t\ ETHIOPIAN SNIPPING LINES: (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vessel Voy ETA Loading For Spore Abbay Wonz 41WB 15/11 Mombasa Dnbouti Assab, Massawa Abbay Wonz 42W8 IS/12 Mombasa. Dpbouti Assab. Massawa
      608 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1455 34 *AMMN CONTAINER LINES, INC I Agents: MAC-NELS SPORE: *****22 (24 LINES) U\/ 'cm No: HOM79OQMt SIBU (064) *****9 £49,H'a 10 2 <^P PENANQ: (04) *****6 BANGKOK (662) *****67 MANIUV P.KELANO: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK J™ PK SIN 13/10
      1,455 words
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      Page 34 Advertisements Column 2
      201 34 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD I (Ik ll* (I* I SPORt PO*l HUANG PINANG BtUt MUX 1) 10 I" Port iDAdinu \<h Mdi--RUVM HUDHU ?l 10 loading tor oub<H OOIPHM 20 10 lOddMi*; For MA MOW* SUMfMI 18 10 14 10 looting For M* UMCtDH 28
      201 words
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      Page 34 Advertisements Column 3
      841 34 J3 THONG SOON UNES PTE LTD T >V*>V 78 SHENTON WAY #10-01, SINGAPORE 0207 I V TEL: 227-5088 FAX: 227-6011 I >V__jY TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I M A inAnF TA eiDAuiAv SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL VOT S'POIE PEST VESSEL
      841 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      607 39 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |mr [pK£* P®* VESSELS VOY SM RTM ANT" LOT HAM BREJ FeTI H/To 14/10 15/10 H. CHALLENGER 312* W7lo 0471F 06/11 05/11 06/11 06/11 03/11 19/10 21/10 22/10 H. PIONEER 311N 24/10 11/11 13/11 12/11 13/11 13/11 15/11 26/10 2S/10
      607 words
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      Page 39 Advertisements Column 2
      348 39 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS KSSI HOT ff PR KUC M MM MI COSMC IXNXI 47 IVl* 11/11 KIISMUN 33 SID 11/11 lt/10 COSMC CHAUENGUt 17/11 19/11 OCMiaK 25/10 21/11 10/10 AKEBM 25 25/10 27/10 KOUSMJN 44 27/10 30/10 (BKK) OUTBOUND VESSELS SP
      348 words
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      Page 39 Advertisements Column 3
      638 39 [VESSEL |Vor ISMETA/D [LAX I OAK I CH DAL l ICI/COL I HOU I NTC [NOR ALLIGATOR VICTORY 56A 13/10 30/10 01/11 02/11 03/11 03/11 03/11 04/11 05/11 MACKHAC BR BOA 20/10 08/11 OS/11 09/11 10/11 10/11 11/11 11/11 12/11 ALLIGATOR TRUTH JJA 27/10 13/11 15/11 16/11 17/11 17/11 11/11
      638 words
  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      302 39 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR O.t O.S i.l 1.4 1.7 1.9 2.0 2.0 1.9 1.7 1.5 1.4 1.4 1.5 1.7 2.0 2.2 2.4 2.4
      302 words
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  • AIR AND LAND TRANSPORT NEWS
    • Article
      Lock icon TWA seeks to slash debt by half through restructuring
      446 40 Reuter Bloomberg Business News NEW YORK In a bid to stay aloft, financially strapped Trans World Airlines Inc (TWA) said on Tuesday it planned to cut its US$l.B billion debt by US$BOO million, or nearly half, through a wideranging restructuring plan
      Reuter; Bloomberg Business News  -  446 words
    • Article, Illustration
      Lock icon Mr Fix-it
      30 40 Reuter SYDNEY A rail worker repairing tracks near Sydney's Central Station yesterday after a train derailed, causing chaos tor early commuters coming to Sydney's central business district. Reuter
      Reuter  -  30 words
    • Article
      Lock icon Light trucks take Chrysler to record 3rd quarter earnings
      508 40 NYT HIGHLAND PARK, Michigan Underscoring the fervour for light trucks and minivans in the United States, Chrysler Corp reported on Tuesday that it earned a record US$65l million (*****.5 million) in the three months ending in September, up 54 per cent
      NYT  -  508 words
    • Article
      Lock icon US airlines to cut fares for state workers by 10%
      511 40 Bloomberg Business News W/vSHINGTON Eight of the United States* biggest airlines will give state workers a 10 per cent fare break for the next year or so under a US$4O million (5559.2 million) pricefixing settlement. The proposed agreement would settle
      Bloomberg Business News  -  511 words
    • LOGBOOK
      • Article
        Lock icon JAL to cut administrative staff
        91 40 Bloomberg Business News TOKYO Japan's largest airline. Japan Airlines Co (JAL). is going to cut administrative staff by another 10 per cent in the next fiscal year, the Nihon Keizai Shinbun said yesterday. Japan's leading financial daily said by the end of the fiscal year
        Bloomberg Business News  -  91 words
      • Article
        Lock icon Shanghai's car sales up 78%
        88 40 AFP SHANGHAI Shanghai's car sales surged 78 per cent to 24.2 billion yuan (SS4.I billion) in the first eight months of the year over the same period last year. The Shanghai Star reported on Tuesday that the car industry turned out 75.000 Santana cars, produced
        AFP  -  88 words
      • Article
        Lock icon Delta, bank in discount fare pact
        71 40 Reuter PROVIDENCE, Rhode Island Fleet Bank said on Tuesday it is launching a promotional campaign in conjunction with Delta Air Lines, which offers new and existing Fleet customers certificates for discounts of up to USS4OO (*****) for travel on Delta. Fleet said that several
        Reuter  -  71 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1327 40 c wt ET* FIKW no_ Abu Dhabi SQ441 1505 GF147 1850 GA975 1520 GA883 1545 Adotakte SQ228 1955 QF82 2050 Amsterdam KL843 0605 SQ26 2355 SQ25 0630 GA975 1520 KL837 1550 Athens SQ347 0640 Auckland SQ286 2040 BA11 1350 SQ288 2045 B Serl Begawan BI421 1105
      1,327 words
    • Article
      Lock icon United Airlines to shift aircraft to new shuttle service
      363 40 Bloomberg Business News CHICAGO United Airlines will beef up its fledgling lowfare shuttle service on the US west coast before the end of the year, shifting aircraft from routes in the eastern US, Latin America and Europe. United, a unit of
      Bloomberg Business News  -  363 words
  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      61 40 l^i!i I MARKETING I M.V. "BROTHER HOPE" VOY. 03 Arrived sth October 1994 Consignees of ill damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 14th October 1994 0900-1200 hours al PT4 No further survey will be entertained thereafter As Agents
      61 words
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      Page 40 Advertisements Column 2
      200 40 _;>@-$/!>'%;(~`*))?^|@>~\?&)/)} SEPARATORS FOR IMMEDIATE DELIVERY FROM STOCK IN SINGAPORE BRAND NEW COMPLETE SEPARATORS WITH ELECTRO MOTOR, TOOLS, LIFTING TOOLS AND SET OF STANDARD SPARES; FOLLOWING MODELS CURRENTLY AVAILABLE IN STOCK AT VERY ATTRACTIVE PRICES; MARX 207 MAPX 204 MARX 309 WE ALSO CARRY STOCK OF SPARES FOR THESE AND MANY
      200 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 41 Mixed Market Mood' indicates the likely trading sentiment Unlay, based on brokers polled at 5-6nm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. I)aiwa. Fraser. Kay Hian. Nomura. Fhilhp Smith Sew Court and SG Warburg.
        39 words
      • Article, Illustration
        HOT STOCK
        143 41  -  -By Paul Leo Marco Polo Developments burst through its resistance to reach an all-time high of $2.41 yesterday, a gain of 12 cents or 5.2 per cent over the previous day's close. Yesterday's trading volume was very strong at 3.82 million shares, 6.8 times the 10-day average of
        143 words
    • Article
      Renong to tap bond market for up to US$230m only
      395 41  -  From Ho Kay Tat in KUALA LUMPUR CONGLOMERATE Renong Bhd, which has approval for a US$3OO million (***** million) Eurobonds issue, has decided to tap the market for only about three-quarters of that amount. The decision was disclosed by Renong
      395 words
    • Article
      Hotel Plaza confirms talks on Nikko
      225 41 SINGAPORE Listed Hotel Plaza Ltd yesterday confirmed it was negotiating to buy the Nikko Hotel in Sydney's Potts Point but said now was not the time to reveal details. "No agreement... has been reached to date. When a formal agreement is reached, an announcement
      225 words
    • Article, Illustration
      Lock icon Keppel honours Ramos with dinner
      74 41 SINGAPORE Keppel Corp last night threw a dinner at the Four Seasons Hotel in honour of Philippine President Fidel Ramos (left) who is here as one of the keynote speakers at the 1994 Europe/East Asia Summit. About two dozen members of Mr Ramos' entourage, including
      Photo by Arthur Lee  -  74 words
    • Article
      CityDev subsidiary buys NZ property firms
      212 41 SINGAPORE A City Developments subsidiary, the Kupe Group, has bought two firms from New Zealand's Land Corp for NZ$l5.l million (Ssl 3.6 million). The purchase of Landcorp Property and Landcorp Property Holdings is expected to be completed by end November. Kupe will pay cash,
      212 words
    • Article
      Stakes are high for Indosat share listing
      733 41  -  HOCK LOCK SIEW By Leslie Lopez JAKARTA Indonesia will list its stateowned international telephone company next week, kicking ofT a bold long-term plan to place its stock market firmly on the world map and attract sorely needed funds to finance huge development plans.
      733 words
    • Article
      L&M forms joint venture to enter Philippine market
      229 41  -  By Lilian Ang SINGAPORE The L&M group has formed a joint venture with a five-member Philippine consortium called Maxco to tap the market there. The Singapore contractor will take a 40 per cent stake in the new company L&M (Philippines) Corporation leaving
      229 words
    • Article
      Meiban Plastic IPO subscribed five times
      174 41 SINGAPORE Sesdaq aspirant Meiban Plastic's initial public offer closed yesterday with more than 12,000 applications received, adding up to a subscription rate of over five times. The plastics injection moulding company's offer was launched on Sep 30. Its offer of 18.5 million shares comprised
      174 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Lock icon Minister denies buying Sitt Tatt shares
          92 42 Bernama KOTA KINABALU Chief Minister Sakaran Dandai yesterday denied an allegation that he bought six million shares in listed Sitt Tatt Berhad for himself. He said in a statement that he had never bought so many shares. Mr Sakaran said he had the right
          Bernama  -  92 words
        • Article
          Lock icon PhileoAllied posts M$33m pre-tax
          75 42 Bernama KUALA LUMPUR PhileoAllied Berhad, formerly known as Linatex Process Rubber Berhad, reported an unaudited group pre-tax profit of M 533.62 million (5519.2 million) for the seven months ended July 31, 1994. The company said in a statement that the profit was achieved over a group
          Bernama  -  75 words
        • Article
          Lock icon Insas has not agreed to buy institution
          42 42 Bernama KUALA LUMPUR Insas Bhd, which has acquired a 20 per cent stake in The Ayer Molek Rubber Company Bhd, said it had not entered into any agreement to buy a licenced financial institution. Bernama
          Bernama  -  42 words
        • Article
          Lock icon Damansara to buy Halim's shares
          62 42 Bernama KUALA LUMPUR Damansara Realty BHD announced that it had entered into a sale and purchase agreement with Uniphoenix Corporation Bhd to acquire a 20 per cent equity interest in Halim Securities Sdn Bhd comprising 10,000 ordinary MSI share from Uniphoenix for a purchase consideration
          Bernama  -  62 words
        • Article
          Lock icon Celcom to invest M$75m more in Wisdom
          85 42 Bernama KUALA LUMPUR Cellular Communications Network (M) Sdn Bhd will invest a further MS7S million (SS43 million) next vear for its wireless stock data on-line and mobile (Wisdom) network, launched yesterday. "We have so far invested MSSO million in the network and by
          Bernama  -  85 words
      • Article
        Lock icon Zalik Securities pre-tax profits soar 64%
        150 42 Bernama KUALA LUMPUR Zalik Securities Bhd's group pre-tax profit jumped 64 per cent to MS 109.713 million (5562.5 million) for the year ended June 30, 1994, on the back of a doubling of turnover to M 5233.655 million. Releasing its unaudited results yesterday, Zalik
        Bernama  -  150 words
      • Article
        Lock icon Utility giant IWK may be listed after proposed takeover
        517 42 MBT KUALA LUMPUR Indah Water Konsortium (IWK), enroute to becoming the third national utility company under a Ms 6 billion (553.46 billion) government sewerage services concession, may be open to direct public participation on the Kuala Lumpur Stock Exchange (KLSE) following
        MBT  -  517 words
      • Article, Illustration
        Lock icon MAS aims for 3% contribution to KL economy
        309 42 Bernama KUALA LUMPUR Malaysian Airlines System Bhd will be a profitable company and will have to contribute about 3 per cent to the Malaysian economy by the year 2000. Chairman Tajuddin Ramli, speaking after the launching of Celcom's wireless stock data online
        Bernama  -  309 words
      • Article
        Lock icon Sabah Umno leaders chided for opposing Sabah Softwoods deal
        285 42 Bernama KOTA KINABALU Several Sabah Umno leaders were yesterday taken to task for opposing the proposed takeover of Sabah Softwoods Sdn Bhd. a subsidiary of Innoprise Corporation Sdn Bhd (ICSB), by North Borneo Timbers Bhd (NBT). In a joint statement yesterday,
        Bernama  -  285 words
      • Article
        UNIT TRUSTS & FUNDS
        514 42 UNIT TRUSTS FUNDS Managers' phc«s Oct 13 Mcndaki Or Fund 1.18 1.21x4 US Gr Fund 0 98 102" Singapore Unit Trust The Commerce I "0 I 80 UWB WVeSI Rlgi Liu The Savings Fund 1.66 1.76 Inifund 1.56 1.6) S'pore Prog Fund 0.66 0 7 0\d Unibond 104 1065 S'pore
        514 words
      • Article
        Lock icon Ex-publisher says he too is unhappy over articles
        542 42 Vincent Tan's libel suit NST Bernama KUALA LUMPUR The former publisher and editor-in-chief of Malaysian Industry, Hassan Hamzah. told the High Court yesterday that he was just as unhappy as Berjaya Group Berhad chief executive officer Vincent Tan over the articles which
        NST; Bernama  -  542 words
      • Article
        Lock icon ASM plans bonus, rights and M$350m bond issue
        177 42 Reuter KUALA LUMPUR Malaysia's Amalgamated Steel Mills Bhd (ASM) has proposed a four-for-five bonus share issue, a one-for-five rights issue and a MS3SO million (SS2O2 million) bond issue. An ASM statement yesterday said the bonus issue of 500.71 million shares would be
        Reuter  -  177 words
      • Article
        RESOURCES
        870 42 Payment Ex Books Pay dale close date Ac ma I 10 Oct 17 Oct 21 Nov 3 AMDB 50* b 3 Sep 15 Sep 29 Oct 28 Antah Hldgs 50« b 6 Nov 23 Dcc 7 Jan 5 Avimo 20* I 6.25TE Sep 19 Sep 23 Oct 18 Boustcad
        870 words
      • Article
        HK Telecom to invest HK$2b in two China projects
        358 43  -  From Lim Soon Neo in HONGKONG HONGKONG Telecom will invest HK$2 billion (Ss3B4 million) in two telecommunications projects in China its first two "real" investment projects there and a "breakthrough" for the Hongkonglisted company on the mainland. The executive chairman of
        358 words
      • Article, Illustration
        Lock icon Goldstar to market video conference system
        43 43 Reuter SEOUL A Goldstar employee at the 25th Korea Electronics Show demonstrating the use of the company's PC based ideo Conference System in Seoul yesterday. Goldstar will begin mass production of the product in March 1995. Keuter
        Reuter  -  43 words
      • Article
        Lock icon Hualon Group chief denies involvement in stock payment defaults
        313 43 AFP TAIPEI The head of Taiwan's Hualon Group yesterday broke a week-long silence and denied the involvement of his subsidiary companies in recent stock payment defaults which rocked the local bourse. "Hung Fu Securities had not speculated on the stock and
        AFP  -  313 words
      • Article
        Lock icon Samsung Electronics expects 40% rise in turnover
        229 43 AFP SUWON, South Korea Samsung Electronics Co (SEC), a subsidiary of South Korea's giant Samsung group, has forecast a mammoth 40 per cent rise in turnover this year to US$l4 billion (5520.7 billion). Company president Kim Kwang Ho yesterday said Samsung expected a
        AFP  -  229 words
      • COMPANYBRIEFS
        • Article
          Lock icon Hoechst to double investment in China
          79 43 AFP BEIJING German chcmical giant Hoechst AG announced here yesterday that it will double its total investment in China to US$6OO million (SSBBB million) within the next two years. The company expects to sign a US$3O million joint venture contract before the end of
          AFP  -  79 words
        • Article
          Lock icon IBM plans to buy Kalpana: report
          71 43 Reuter NEW YORK International Business Machines Corp is in talks to buy Kalpana Inc, a company that builds switches for computer networks, for about US$l5O million, the Wall Street Journal reported yesterday. The proposed acquisition indicates IBM's confidence in its finances and would help
          Reuter  -  71 words
        • Article
          Lock icon Microsoft expects China pact soon
          88 43 Reuter HONGKONG Microsoft Corp expects to sign an agreement with China very soon to jointly develop new products, said Greater China regional manager Shaw Gang Yang yesterday. "It's really up to their discussion internally, to get consensus within Chinese companies, but 1 think we're very
          Reuter  -  88 words
        • Article
          Lock icon Electrolux eyes China's urban market
          73 43 AFP BEIJING The world's largest producer of household appliances, Electrolux, plans to invest US$lOO million here over the next three years to expand its share of China's burgeoning urban middle-class market. The Swedish firm's president, Leif Johansson, announced the signing of a US$l5 million joint
          AFP  -  73 words
      • Article
        Lock icon Ming Pao shares fall 9% in thin trading
        162 43 Reuter HONGKONG Ming Pao Enterprise Corp Ltd closed 50 HK cents or 9.09 per cent lower at HK$5.OO per share yesterday, one day after the Hongkong stock exchange said it would discipline the company's chairman Yu Pun-Hoi for breaching listing rules by
        Reuter  -  162 words
      • Article
        NEC lifts capital outlays to ride on semi-conductor boom
        412 45  -  By Claire Leow SINGAPORE Japanese electronics giant NEC has boosted capital spending for the year to March 1995 for the second time in three months. It will now spend 125 billion yen (551.84 billion) up from an original 90 billion yen
        412 words
      • Article, Illustration
        Lock icon IBM's explosive presentation
        47 45 Reuter NEW YORK The stage explodes in front of a computer during the unveiling of International Business Machines' new OS/2 Warp operating system at a New York introduction on Tuesday. The new operating system is IBM's challenge to rival Microsoft's Windows operating system. Reuter
        Reuter  -  47 words
      • Article
        Lock icon PepsiCo's third-quarter net income up 18%
        331 45 Bloomberg Business News PURCHASE, New York PepsiCo's fiscal third-quarter net income has jumped 18 per cent, more than Wall Street expected, on strong overseas beverage and snack-food sales. The world's second-biggest beverage maker yesterday said net income in the three months ended Sep 3
        Bloomberg Business News  -  331 words
      • Article
        Lock icon National Medical to pay US$2b for American Medical
        299 45 Bloomberg Business News SANTA MONICA, California National Medical Enterprises Inc has agreed to acquire American Medical Holdings Inc for US$2 billion (552.96 billion) in cash and stock. National Medical yesterday said it would also assume US$l.3 billion of American Medical's debt. The
        Bloomberg Business News  -  299 words
      • Article
        Lock icon 7-Eleven turnaround boosts Ito-Yokado's interim profit by 37%
        309 45 Bloomberg Business News TOKYO Retail giant ItoYokado Co yesterday reported a 36.7 per cent rise in first-half profit, thanks to a turnaround at its 7-Eleven stores in the US and continued strength at its Japanese convenience store chain. ito-Yokado said consolidated net
        Bloomberg Business News  -  309 words
      • Article
        Lock icon Goldman, Sachs names record number of 58 new partners
        334 45 NYT NEW YORK Despite a nosedive in profits this year, Goldman, Sachs Co, Wall Street's last major private partnership, on Tuesday named 58 new partners, its largest crop ever. Each new member of Goldman's exclusive club of owners is almost certainly
        NYT  -  334 words
      • Article
        Lock icon BellSouth plans China joint venture
        192 45 NYT NEW YORK Bell South Corp has agreed with a Chinese telecommunications company to set up cellular, wireless and long distance telephone networks in two large cities in China. Though few details have been disclosed, the deal looks likely to give Bell South a firm
        NYT  -  192 words
    • FINANCE & COMMODITIES
      • Article
        Two M'sian banks take stake in Philippine Islamic bank
        324 46  -  From Al Labita in MANILA MANILA Malaysian banks Dallah Albaraka and Bank Islam are buying a 40 per cent stake in the state-owned Al-A-manah Islamic Investment Bank of the Philippines (AIIBP). The purchase follows recent talks in Manila between officials of
        324 words
      • Article
        Lock icon S Korea takes steps to speed up opening of financial market
        452 46 Reuter SEOUL South Korea plans to accelerate the pace of financial reform and has unveiled more measures in a package of programmes designed to ease curbs on foreign exchange and other financial dealings. An advisory group to the Finance
        Reuter  -  452 words
      • Article
        Indon bank in US$75m floating rate note issue
        261 46 SINGAPORE Indonesia's third-largest state bank, Bank Rakyat Indonesia, launched a maiden floating rate note issue of US$75 million (S$ 110.3 million) yesterday. According to lead manager Sanwa International Finance, the issue is priced 1.1 per cent above the six-month London Interbank Offered
        261 words
      • Article
        Lock icon Rubber producers offer new price during talks
        250 46 Reuter GENEVA Producing countries have made new proposals in negotiations for a global accord to stabilise rubber prices, including a 5 per cent rise in the key reference price to be defended under the pact. Consumer states were meeting privately to consider the
        Reuter  -  250 words
      • Article, Illustration
        Lock icon Rouble's plunge
        50 46 Reuter MOSCOW A disappointed Russian man turning away from a closed exchange office still posting Monday's rates in Moscow on Tuesday. Most exchange offices were closed after the rouble suffered its biggest ever one-day fall on Tuesday, nosediving 21.5 per cent to 3,926 to the US dollar. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Taiwan's Hua Nan gets nod to deal with 5 China banks
        105 46 AFP TAIPEI Taiwan yesterday gave permission to state-run Hua Nan Commercial Bank Ltd's five branches in Hongkong to deal with five Chinese banks, officials said. The decision was the latest liberalisation move aimed at serving Taiwan companies investing in
        AFP  -  105 words
      • Article
        Lock icon Russian plan to end oil export quota hits ventures
        338 46 Bloomberg Business News VIENNA The Russian government has abolished its oil export quota system starting in January, which will end a virtual export monopoly currently enjoyed by foreign joint venture companies. At present, foreign joint ventures are allowed to export 100
        Bloomberg Business News  -  338 words
      • Article
        Lock icon Mitsubishi Bank bows to govt request to bail out debt-laden Nippon Trust
        294 46 Bloomberg Business News TOKYO Mitsubishi Bank, one of Japan's six largest banks, yesterday said it would consent to government requests that it consider aiding debt-laden Nippon Trust Bank by buying a majority stake in the smaller bank. In
        Bloomberg Business News  -  294 words
      • Article, Illustration
        Untitled
        1587 46 Iradrneifhled index calculated a»un\l Sp»f 'i u<p 14 trading partner*. Base year 1985 (JS$/S$ forward rates Noon Oct 12 ss Bid Offer 1-month 1.4801 ***** 2-month ***** 1 4800 3-month 1 4764 ***** 6-month 1.4715 1.4735 Sounv OCOC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Oct 12
        1,587 words
      • Article
        Lock icon Oil prices relax as Gulf crisis eases
        294 46 ENERGY REPORT Reuter LONDON Oil prices fell for the second consecutive day yesterday as the chance of conflict on the Kuwait/Iraq border appeared to recede, traders said. North Sea Brent crude, the world reference price for physical trade, fell 17 cents to US$
        Reuter  -  294 words
      • Article
        Lock icon Currency Reports: London
        198 46 Bloomberg Business News LONDON The dollar fell against the Deutsche mark and yen in Europe ahead of the release today of a report which will give investors a better idea of prospects for US inflation and interest rates. The US currency fell beneath 100 yen for the
        Bloomberg Business News  -  198 words
      • Article
        Lock icon New York
        88 46 Reuter NEW YORK The dollar was little changed at midday as traders marked time in yet another lacklustre session waiting for US data expected today and tomorrow. At midday, the dollar was quoted at 1.5415/15 marks, little changed from 1.5418/23 at the open. Against the yen, the dollar
        Reuter  -  88 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars easier at close
        1295 47 SIMEX REPORT Reuter 7 SINGAPORE Simex Euroyen and Eurodollars futures closed easier. Dealers said Euroyen eased in the afternoon session after the Nikkei climbed above the 20,000 level. "Euroyen was firm in the morning following the rebound in JGBs but selling came in the afternoon,"
        Reuter  -  1,295 words
      • Article
        KL tin eases on further drops in London
        644 47 COMMODITY REPORTS KL Tin TIN eased three sen to end at M$ 13.50 a kg due to further drops in the London market, traders said. The market fell as prices lost US$4O in London although the local premium to the LME widened
        644 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Summer boosts rolled copper demand
          72 47 TOKYO Japan's unusually hot summer this year is expected to boost overall domestic demand for rolled copper in fiscal 1994-95 (Apr-Mar), according to the Japan Brass Makers' Association. Japanese demand for copper tubes, used primarily in the manufacture of air conditioners, is expected to surge
          72 words
        • Article
          Drought mars Aussie sorghum harvest
          82 47 SYDNEY The long-running Australian drought has wiped out hopes that early sorghum plantings would help alleviate a feed grain shortage in northern regions. Queensland gram traders said the optimum time is passing for spring planting and it may be April before significant supplies become available
          82 words
        • Article
          Japan corn premiums near 11-yr high
          87 47 TOKYO Rising US Gulf-Japan freight rates and firm FOB basis are boosting C&F Japan corn premiums, which are now approaching levels last reached 11 years ago. traders said yesterday. Late last week, C&F Japan premiums for Jan-Mar shipment were around 95 US cents per
          87 words
        • Article
          Australian copper strike may continue
          62 47 SYDNEY A week-long strike at the Southern Copper smelter and refinery south of here is set to continue after unsuccessful talks yesterday between management, union officials and a state mediator. Andy Gillespie, union representative at the meeting, said union members will meet today to vote
          62 words
    • Article
      COMMODITY PRICES
      1423 47 Rubber Singapore Commodity Exchange (futures closing as at 5.30pa) RSS 1 Cutract (S cents/kg) Close Volume Open Month High Low Set! (tonnes) Interest Nov 94 214.00 214.00 211.00 100 2600 Dec 203.50 4000 Jan 95 193.00 192.00 195.75 690 3740 Feb 193.00 192.00 195.75 690 3740 Mar 193.00
      1,423 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1190 48 •1.0 AUSTRALIAN shares reversed early gains to close slightly weaker yesterday after buying interest evaporated. Shares took their early lead from Wall Street which rose strongly on good corporate profit reports on Tuesday, but local buyers deserted the market in the morning session. Dealers said investors were nervous about
        1,190 words
      • Article
        Manila
        625 48 +23.51 The Philippine stock market recovered yesterday amid signs of renewed optimism and the rise in the Dow Jones index in New York this week, analysts said here. The Composite Index rose by 23.51 points or by 0.79 per cent to 2,970.46 points yesterday, after dropping by 0.84 per
        625 words
      • Article
        Taipei
        602 48 +371.07 Taiwan stocks closed sharply higher yesterday on hopes that the government will take action to prevent a crash in the market which had plunged more than 14 per cent in the past week over a NT53.35 billion (S$ 189 million) payment scandal. The index shot up 371.07 points,
        602 words
      • Article
        Seoul
        421 48 11.00 The Composite Index ended at a record closing high yesterday as blue chips rebounded strongly, outshining selective profittaking. The Composite Index closed at 1,089.66, up 11.00 points from the previous closing high of 1,078.66 on Tuesday. "Blue chips strongly rebounded after the finance minister said rules for foreigners'
        421 words
      • Article
        New Zealand
        299 48 +31.05 Shares surged for a second day running as offshore investors scrambled after shares in leading companies and domestic investors waited for clearer signals on interest rates before following suit. Three major stocks Telecom. Fletcher Challenge. CarterHolt Harvey led yesterday's gains. They collectively account for about half of
        299 words
      • Article
        Bombay
        107 48 -8.65 Share prices closed slightly lower yesterday on late profit-book-ing by speculators in low volume trade. The 30-share Bombay Stock Exchange (BSE) Index slipped 8.65 points to a provisional 4,414.60. The index showed signs of holding high around mid-session when it went up to 4,430.29 before it fell. The
        107 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        665 48 Britannia Funds Verting Cash Bid Offer Mim Cap Dcpowl 18 6400 J* 6300 Mim Jeney Gill .0 1891 0.1992 Mim Mat Income •0.4000 <0 9)00 L'S$ Cash Income Plus Fund 9 4400 9 9500 PS S Rcierve Fund $1100 5 1200 Sterling fcqaity Euro Performance 0.4592 0 49}1 Far East
        665 words
      • Article
        London
        633 48 -1-27.5 Bullish UK inflation data helped the FTSE 100 close at the 3,100 level for the first time in just under a month, helped by futures and gilt gains. The move was accompanied by a higher-than-aver-age turnover with second line stocks also participating in the advance, which indicated further
        633 words
      • Article
        Paris
        98 48 -0.05 pc The Paris Bourse suffered a small loss yesterday as the CAC 40 stock price index finished the day at 1,918.14 points, off 0.05 per cent by comparison with the Tuesday close. Paris Oct 12 Fr Air ljguide 12*00 -I 00 Akaid Aimhom 474.60 4 60 BNP 254
        98 words
      • Article
        Frankfurt
        185 48 +6.51 The stock market recorded a modest gain yesterday as the DAX Index closed at 2,077.57 points, up 6.51 points or 0.31 per cent from 2,071.06 at the Tuesday close. The index has risen more than 100 points since last Friday in a rally primarily driven by short-covering. Traders
        185 words
      • Article
        Brussels
        140 48 +0.28 Belgian stocks were little changed as traders trod cautiously before fresh evidence today and tomorrow of the pace of US inflation. The Bel 20 Index of leading Belgian shares closed up 0.28 index points to 1365.48 after having climbed by more than eight index points in early morning
        140 words
      • Article
        Milan
        146 48 -80 Italian stocks fell for a second day amid lingering concern about the stability and effectiveness of the government. The Milan Mibtel Index of leading stocks fell 0.78 per cent, or 80 points, to 10,113, after opening about I per cent higher. "Just because we haven't had any negative
        146 words
      • Article
        Amsterdam
        247 48 -1.81 Dutch shares ended a twoday winning streak, closing lower with scope for a further retreat today when new US inflation data are published. Professionals started to distrust the market's earlier advance and were mostly operating on the selling side, but investors continued to sit on their hands, dealers
        247 words
      • Article
        Stockholm
        129 48 +0.59pc Swedish shares closed higher for the third day in row, but profit-taking brought prices back below midday highs. Several brokers said they expected the bourse to continue higher. The OMX Index rose 0.59 per cent to 1108.72 in moderate turnover of 2.61 billion crowns. Other brokers said they
        129 words
      • Article
        Zurich
        237 48 -7.5 Swiss shares ended lower in slack trading. Dealers said business was confined to professionals with client orders virtually non-existent. The market waited for US data today and tomorrow for new factors to trade on. The SMI Index of leading shares ended 7.5 points lower at a final 2.562.7.
        237 words
      • Article
        Johannesburg
        307 48 +22 South African shares recovered part of Tuesday's hefty losses by the close as the market found support from firmer world equities and a mild bullion price recovery, dealers said. But they warned that sentiment was nervous as the gold price remained unconvincing and the financial rand continued to
        307 words
      • Article
        Toronto
        316 48 +26.59 Stocks continued to strengthen in active midday trading, but investors remain tentative ahead of key US inflation data due this week. "It's coming back, but 1 think a lot of people are still hesitant about October," one Canadian stock trader said. The TSE 300 index climbed 26.59 points
        316 words
      • Article
        New York
        761 48 -4.37 Blue-chip stocks drifted lower yesterday, as the market paused after a three-session string of gains and set its sights on the upcoming batch of economic data. The Dow Jones Industrial Average was off 4.37 points at 3,872.46 at I pm EDT. In the broader market, declining issues
        761 words
    • Article, Illustration
      Lock icon HONGKONG
      2970 49 Reuter HONGKONG Shares closed off their highs following a late surge in afternoon trade on buying of China-related stocks and Hongkong Telecom, brokers said. "What began the rally was Hongkong Telecom It's sucked up a lot of China-related stocks and that's really what's going on," said Nial Gooding, head
      Reuter; Source: Bridge Info  -  2,970 words
    • Article, Illustration
      Lock icon CHINA
      540 49 CLSA THE Shanghai B shares were marginally up by 0.32 per cent at 865.20 on US$5 million turnover. Erfangji was up 5.8 per cent and Shangling Elec and Outer Gaoqiao were up 1.3 per cent each. Trading in Shenzhen B shares remained dull, with the market closing down 0.53
      CLSA  -  540 words
    • Article, Illustration
      Lock icon TOKYO
      2539 49 Bloomberg Business news TOKYO Japanese stocks rose to their highest levels in a month on a brighter economic picture abroad, and a weaker yen provided a respite from the sour mood dogging investors in the Tokyo market recently. "There's nothing negative out there today," said John Doyle, a trader
      Bloomberg Business news; Source: Bridge Info  -  2,539 words
    • Article, Illustration
      Lock icon BANGKOK
      1791 49 Reuter BANGKOK Thai stocks closed higher on late bargainhunting in the finance and banking sectors after Gulf tensions appeared to be easing, brokers said. The SET Index closed 26.64 points, or 1.84 per cent, higher at 1,470.90 on six billion baht turnover. "It was just a short-term technical rebound"
      Reuter; Source: Bridge Info  -  1,791 words
    • Article, Illustration
      Lock icon JAKARTA
      1057 49 Reuter JAKARTA Jakarta share prices closed mixed in moderate trading after investors took profits on selected stocks in the second session as newcomer Medco Energi finished strongly, brokers said. The Composite Index fell 0.96 point to close at 511.42. "There was some profit-taking after the market's strong opening but
      Reuter; Source: Bridge Info  -  1,057 words
    • Article
      CLOB INTERNATIONAL
      2403 50 MOSTACT1VI.votin» Bcijaya Group 15.220,000 MBf Capital I2.40J.000 Amal Suxl 50c 7.6JJ6.000 Soleras Res 6.522.000 KL Induslncs 5.520.000 Promct 4.629,000 Bcna\a L WPN 4.254.000 Hci&a Ind 3.988.000 Mulpha I rill 50c J.762,000 Pcgi Msia 3.644,000 Multi-P Wi 3.541,000 Ganda Hkigs 3.228.000 Ulris Hyd wC 2.106.000 MOST ACTTVt vafcli i%)
      2,403 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article
        Lock icon Shares rally but gains shaved by profit-taking
        222 50 AFP KUALA LUMPUR Malaysian stocks closed higher yesterday as the market extended its rebound, although late profittaking shaved morning gains, brokers said. The Kuala Lumpur Stock Exchange Composite Index, which tracks 86 quality stocks, climbed 8.71 points to close at 1,137.00 from 1,128.29
        AFP  -  222 words
      • Article, Illustration
        Lock icon Untitled
        4931 50 Source: Bridge Info wpien > niwovw CWmc Pmloa Cbap KLSE Composite 1137.00 1128.29 +8.71 NST Industrial 6060 42 6045 51 +14.91 NST Finance ....***** 29 *****99 84 30 NST Properties 3062.82 2991 87 70.95 NST Mining 3293.70 3285 40 +8.30 l intnr (*000) Total volume 287.615 253.561 *34.054 Total val
        Source: Bridge Info  -  4,931 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8087 51 1 MAIN BOARD Transaction date: Oct 12 1 Gi M Wl .40J l-„ Vol Day Lnl Quote Di» IM» VM Net C«g A>« lligk Low C ompani Sole (0001 11 >«h Lo» B«i>rr >wller S C\f S P/E Smil Prke INDUSTRIAL AND COMMERCIAL 1440 835 m. s vnu I090cd+I0 115
        8,087 words
      • Article, Illustration
        Lock icon Blue chips lead market's across-the-board rises
        1885 52  -  By Quak Hiang Whai SINGAPORE A temporary but island-wide breakdown in the telephone system failed to deter local investors from chasing up blue chips yesterday. Boosted by the robust showing overnight of the New York market which surged by a hefty 55 points and
        Charts by Bridge Info; Source: Bloomberg  -  1,885 words
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      242 41 NEWS VALUE How today's news might affect your stocks HK firm Singamas offers 50m shares in SES secondary listing (pg I) A high subscription rate can be expected. Stags have not had an opportunity like this for some time now. Software bug hits phone lines islandwkle (pg I) No more
      242 words
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      177 42 JUNE 1994 MAY 1994 MAY 1994 Ji ♦> PARKWAY HOLDINGS LIMITED HONG LEONG TOWER LIMITED JURONG TOWN CORPORATION U5540,000,000 5575,000,000 *****,000,000 Mortgage-Backed Loan Facility Hybrid Bond Issue Floating Rate Notes Issue Arranger Arranger Arranger ABN AMRO (Asia) Ltd. ABN AMRO (Asia) Ltd. ABN AMRO (Asia) Ltd. DECEMBER 1993 AUGUST 1993
      177 words
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      209 43 ggjgl Strange that something P designed to put out A FIRE CAN ACTUALLY ■Nfe CONTRIBUTE TO STARTING A ((s•' 9 ■i'%m i H FAR MORE SER.OUS ONE. Ik? $T (Bp Jsfj R > BUT IT'S TRUE. *|Wfe< .J*" t! a, <Ljt i#Br J» i ak. Mm Ku.. TrW *>£ fc*'
      209 words
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      129 44 Federal Express is the first air express to fly its own planes out of Singapore. But that's not our only first. For over five years we've flown out of Singapore. And over-the-phone real-time tracking. And just recently today we have seven aircraft a week flying out of Changi. FedEx became
      129 words
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      556 45 I 1 i NOW IT'S YOUR TURN i I TO CUT THE IDD RATES j TO THE U.S. Now a one-minute call to the States costs only H 1 $2.30*, at Standard IDD rates, so you won't Singapore I Telecom J I have to cut your conversation.'GSTappi.es I I I
      556 words
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      50 46 You may have been unable to get your Business Tunes, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service. i
      50 words
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      97 47 CONTRACT ASSEMBLERS WE HAVE OPEN PRODUCTION TIME DAILY TRUCK FROM KLTO SINGAPORE. WE CAN ASSIST YOU WITH YOUR PRODUCTION PROBLEMS ALSO WITH YOUR. SUBASSEMBLY RE-WORK/RE-CLAIM. "London" KENSINGTON Freehold Apartment Block TENANTED 7 UNITS Contact: Graeme Torre Singapore office ■Debenham International *****84 I i Don't missl AFTER 5 1 Your day
      97 words
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      Page 47 Advertisements Column 2
      53 47 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Fashion Beauty Have A Colourful Lifestyle! Call 24 hours a day for hot topics close to your heart anything from head to toe. Cost: 30 cents a minute MRHline A*
      53 words
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      164 48 If you need more than just aTV try this... and experience the Philips Matchline Incredible Sound. IRCIEIIILi The new Philips Matchline television with Incredible (295X8776) and 25 (255X8766) models. Sound. You'll be able to tell the difference with your And now you have all this at your finger tips. At
      164 words
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      99 51 I 7^, BlancpaiN n» 1 Smg3|XXC IHMIOUK 01 ASS* t uikj t'Ui/.i I'd TMMAVI Sa«V ttt ;JVr>i7/7IW vfo&Krwfatt'Twr (ciMicikm.h Td 71«IVM/ftO( IVmnsuLi 11.V.1 Id imJWIWMAi Wiwld I'lddcCcnlioTH 27JUW7 I'dl.ns KciuivmHHl*. Tot 71'J I ihir>4 t Kdllics rd CKmw AnikM Tciinuul l|l>J bWrM WiihM Tot MMWMI Tctmitwl J (South Wn*| TH
      99 words
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      44 52 Let us drive you forward If you are looking for a set of wheels, turn to the Vehicles section in the Classified. Whatever your choice, it's all there in Classifications 330-581 sorted according to the various makes, to help you speed up your search.
      44 words
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      Page 52 Advertisements Column 2
      110 52 busin^simmes TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 National Iron and Steel Limited 5595,771,985 1.5% Unsecured Bonds due 1994 LOST DEPOSITORY RECEIPTS Notice is hereby given that Depository Receipt N0.*****642 in the name of Chew Swee Poh has been found missing. Notice is also given that New Receipts will be issued and
      110 words
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      Page 52 Advertisements Column 3
      60 52 The Korea Development Bank U*****,000,000 Floating Rale Notes due April 1999 In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period October 12. 1994 to April 12. 1995 is 6.175% per annum. Interest payable on April 12. 1995 per Note of
      60 words
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      Page 52 Advertisements Column 4
      90 52 B A LEASING (SINGAPORE) PTE LTD (In Voluntary Liquidation NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act Cap 50 that the Final Meeting of Members of the above named Company will be held at the offices of Messrs Ernst Young. 10 Collyer Quay #21-00 Ocean Building
      90 words