The Business Times, 9 June 1995

Microfilm: NL19993
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASiS MITA(P) 194/12/94 Friday June 9 1995 w
    12 words
  • Article, Illustration
    Lock icon German court accepts all 12 S'pore charges against Leeson
    574 1 Reuter, Bloomberg Business News FRANKFURT A German court yesterday accepted without reservation Singapore's extradition request for former Barings trader Nick Leeson, with the senior prosecutor describing Singapore's case as "watertight". The court ruled that all 12 of Singapore's charges which concern
    Reuter,; Bloomberg Business News  -  574 words
  • Article
    Lock icon Dow down 0.35 points
    51 1 Reuter NEW YORK Caution ahead of today's producer price report for May left Wall Street stocks mixed yesterday, with little news to give the market direction. The Dow Jones Industrial Average at 1 pm EDT was down 0.35 points at 4,466.32. Declines led advances 10 to
    Reuter  -  51 words
  • Article
    Lock icon Nato nod for Bosnia plan
    41 1 Reuter BRUSSELS Nato yesterday backed plans to dispatch a 10,000-strong rapid reaction force to protect peacekeeper in Bosnia but diplomats said the move to save the UN mission could bring its withdrawal a step closer. Reuter
    Reuter  -  41 words
  • Article
    Untitled
    169 1 Stack mrfcit laicti Tkartiay Change ST1I 2,175.48 -3.63 KLSE Comp 1,061.19 +3.39 Nikkei 15,442.30 -237.32 Hug Seng 9,292.78 -89.80 Smndex 1,396.79 -5.60 Jakarta Comp 489.09 -6.42 Manila Comp 2,839.47 +0.62 Taipei WPI 5,641.02 -40.56 Seoul Comp 890.68 -8.68 Bombay B&30 ..3,366.92 -21.56 CLSA China B 791.12 -0.91 Aust All Ord
    169 words
  • Article
    Tax boost for Indon bank mergers, infrastructures
    517 1  -  From Leslie Lopez in JAKARTA INDONESIA has introduced a clutch of tax reforms aimed at encouraging mergers among private commercial banks and boosting private investment in large infrastructure projects. Under the package announced by the Tax Department, the government is partially scrapping a
    517 words
  • Article
    BP to close its Pasir Panjang refinery, shed 50 workers
    372 1  -  By Lilian Ang SINGAPORE British Petroleum (BP) will shut down its wholly owned Pasir Panjang refinery and retrench about 50 workers by the end of this month. The oil giant's decision to cease operations at its 33-year-old refinery is linked
    372 words
  • Article
    Lock icon Greenspan: Risk of mild recession slightly higher now
    376 1 AP SEATTLE The economy of the United States has slowed so much that there is a slightly higher chance of a mild recession, Federal Reserve chairman Alan Greenspan said on Wednesday. A recession is still unlikely, however, and the potential for a
    AP  -  376 words
  • Article
    Tokyo outlines plan to deal with bad debt of banks
    599 1  -  Financial markets sceptical, Nikkei dives 237 points Fran Anthony Rowley in TOKYO JAPANESE Finance Minister Masayoshi Takemura yesterday announced what he called a "drastic and positive" package of measures to deal with the mountain of bad debt left over in
    599 words
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      211 1 RsiTsNoMl I COMPUTER PRINTER I RIBBON MANUFACTURER yport ten 2 S"p«*4f m —21.22 nigral News 3,4,6 Fmncal 25,26 World New 8 £*1 19 Oofc/KISLStS 30-32 Edrtorut II 28 Sports mil 29 TV/litat* 9 Cwrwcm 26 15,17 Sm/Cwnm -.26.27 Td 1800-*****77 Fa *****75 VT NaMtfMh Td *****18 fm *****71 ill Only
      211 words
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      Page 1 Advertisements Column 2
      29 1 Advertising: Pg is Tag Heuer makes its move Malaysia unlikely to see surge of hot money: economists -Pg3 Occupancy rate for S'pore residential property up 1.1 percentage points Pg2
      29 words
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      9 1 Hock Lock Siew: Pg 2i Soft-selling the Salim shuffle
      9 words
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      10 1 Bottom Line: Pg 20 S'pore economy: No reason for panic ^~'~+/<@%{/.\'%~`'-}+\]-}@@]"+$
      10 words
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      Page 1 Advertisements Column 5
      85 1 I mm I I ill Ki LEADING REAL I |S ESTATE AGENCY I SINGAPORE O Gloom over Japanese stock market, Pg 24 .16. BlancpaiN j. xr n Since 1735 there has NEVER BEEN A QUARTZ BIANCPAIN WATCH. And there never will be. ij < SINGAPORE THE HOUR GLASS Takashitnaya Shopping
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Export prices nudged downward
        292 2  -  By Genevieve Cua THE prices Singapore obtains for its exports fell marginally by 0.6 per cent in the first four months of the year. A big fall in the prices of manufactured goods, plus declines in machinery and transport equipment, weighed down the export price index.
        Source: Dept of Statistics  -  292 words
    • Article
      Mah off to Apec transport meeting
      83 2 COMMUNICATIONS Minister Mah Bow Tan will attend a transport ministers' meeting for members of the Asia-Pacific Economic Cooperation (Apec) grouping in Washington DC this Monday and Tuesday. The ministers will seek to identify areas where their countries can cooperate to improve transport efficiency in
      83 words
    • Article
      United Artists in charity drive
      32 2 ptex in Singapore's jum will be made up of money raised from theTOO guests who attended the grand opening and from the sale of cinema tickets Joday.
      32 words
    • Article
      Occupancy rate for private property rose in first quarter
      351 2  -  By Michelle Low THE overall oocupancy rate for private residential property crept up 1.1 percentage points to 94.1 per cent in the first quarter of this year compared with the fourth quarter of 1994. While the rate for landed property rose
      351 words
    • Article, Illustration
      Singapore, Myanmar seal trade pact
      367 2  -  By Chuang Peck Ming SINGAPORE and Myanmar yesterday signed an agreement that will boost economic and trade ties between the two countries. The agreement on bilateral economic cooperation calls for the setting up of a high-powered joint committee to co-ordinate projects, starting with those in
      367 words
    • Article, Illustration
      Lock icon Time Inc eyes investment opportunities in Asia
      356 2  -  By Catherine Ong TIME Inc, the world's biggest publisher of magazines and books, is scouting around for more investment opportunities in Asia, said chairman Reginald Brack yesterday. Mr Brack told BT that in expanding its publishing business in this fast-growing region, it will
      Photo by Chris Loh  -  356 words
    • Article
      Telecom should diversify network software: panel
      218 2 THE INQUIRY panel looking into the islandwide outage of telephone services last October has recommended that Singapore Telecom exercise better network software control and diversify its network software and switches. The panel confirmed that a software update added to the network caused the disruption.
      218 words
    • Article
      Half the vacant land in Hougang slated for housing
      349 2 HALF the vacant land in the Hougang planning area is slated for housing use under an Urban Redevelopment Authority Development Guide Plan (DGP) released yesterday. Of the 402 hectares of vacant land in the area, about 200 ha will be used
      349 words
    • Article
      Court to auction Wee Toon Boon's house
      308 2  -  By Quak Hiang Whai THE High Court will auction off the house of former Minister of State Wee Toon Boon later this month after he failed to meet payments on a loan he had guaranteed. The lender, International Factors Leasing Pte Ltd (IFL),
      308 words
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      238 2 H) WHY MORE COUPLES M H CHOOSE TO H §8 GET ROMANTIC WITH US M Total Flexibility Incredible Variety Unbeatable Value N| $gf ROMANTIC MOMENTS The Reef House 7D/5N $1,973 m Iff; Sanctuary Cove Ml |Uh|; and Kooralbyn 7D/5N $1,919 Channel Islands 7D/5N $2,758 Rome Sorrento Capri 9D/7N $2,777 Jjg
      238 words
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  • SOUTH-EAST ASIA
    • Article
      M'sia unlikely to see strong inflow of speculative funds
      520 3  -  From No Kay Tat in KUALA LUMPUR THE big interest rate differential that Malaysia currently enjoys over Singapore is unlikely to spark an inflow of speculative funds into the country of the magnitude seen in 1993, economists said yesterday. This was
      520 words
    • Article, Illustration
      Lock icon Merrill Lynch sees slower growth in Asia
      453 3  -  But slowdown in Singapore, China should be viewed as positive, it says j By Chuang Peck Ming ECONOMIC growth in Asian countries is likely to case this year, says American investment bank Merrill Lynch. In particular, growth will slow in Singapore and China,
      Source: Merrill Lynch  -  453 words
    • Article
      Lock icon KL wants early talks on disputed islands
      72 3 Bernama JAKARTA Malaysia hopes senior level bilateral talks with Indonesia on the issue of Sipadan and Ligitan, two islands off Sabah, can be held as soon as possible, Foreign Minister Abdullah Ahmad Badawi said here yesterday. Speaking to reporters on arrival here for
      Bernama  -  72 words
    • Article
      Lock icon Giant tower to rise in Indonesia
      51 3 Bernama JAKARTA Indonesian Minister of Housing Akhbar Tanjung said yesterday a consortium of local businessmen would construct the world's second tallest tower in the Kemayoran business area here. The minister said the 450-metre tower would house a telecommunications centre, business centre, offices and a
      Bernama  -  51 words
    • Article
      Lock icon Thai industrial growth hits new high
      46 3 Bernama BANGKOK The industrial growth in Thailand this year has hit the highest record in five years, with applications for investment promotion projects reaching 400-500 billion baht (5522.528.2 billion), the Board of Investment's assistant secretary-general Chakramon Phasukavanich said yesterday. Bernama
      Bernama  -  46 words
    • Article
      Lock icon High prices may curb Thai handphone boom
      490 3 Reuter BANGKOK Booming cellular telephone sales in Thailand are expected to slow soon unless handset prices are cut sharply by vendors, telecommunications analysts said yesterday. Handphones have been selling in large numbers in Thailand over the past few years, despite thin competition and
      Reuter  -  490 words
    • Article
      Lock icon Fall in Indon inflation shows economy on track: analysts
      249 3 Bloomberg Business News JAKARTA A substantial drop in the inflation rate to 0.49 per cent in May is a welcome sign that the Indonesian economy is under control, analysts say. "There's been a lot of talk about the economy overheating," said
      Bloomberg Business News  -  249 words
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      49 3 VOLVO r 1 i 1 Remember the iniy who was good at studies. I O J c? good at sport and got all the girls? 1 Some ears are like that. 1 Ziit SM Motors 4 0 Ale x ,I ri (I r ,1 R p a il S
      49 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Concern over post-1997 HK growing: magazines
      392 4  -  By Schutz Lee SINGAPORE Sentiment oi\. Hongkong's economic |>spects after it reverts to ina in 1997 has taken a wnturn, with the latest is- of Fortune magazine foreling its death as it becomes 'captive colony of Beijing". At the same time, a survey the
      392 words
    • Article
      Foreign banks in Hongkong feel pinch of rising operating costs, squeezed margins
      323 4 lONGKONG Foreign anks here have fett the pinch f rising operating costs and (lueexed interest margins, riuch combined to drive down cofits last year. KPMG Peat Marwick's secnd annual survey of foreign anks in Hongkong, released n Wednesday,
      323 words
    • Article, Illustration
      Lock icon Influential senators to meet Taiwan president
      312 4 Other officials may greet Lee Teng-hui, raising China's ire Reuter ITHACA, New York The powerful chief of the Senate Foreign Relations Committee was to greet Taiwan's president in New York state yesterday, risking anger from China over a trip it sees as a threat
      Reuter; AFP  -  312 words
    • Article
      Lock icon China has new commercial rockets
      76 4 AFP BEIJING China announced a major boost yesterday to its commercial satellite launch programme, saying it had successfully developed two new rockets with significantly increased payloads. The new Long March 111 B and 111 C models will be able to carry respective payloads of five
      AFP  -  76 words
    • Article
      Lock icon Corruption threatens socialism: paper
      9 4 AFP the Communist Party. AFP
      AFP  -  9 words
    • Article
      Lock icon Rise in industrial output
      79 4 AFP BEIJING China's industrial output junpad by 13.1 per cent in May, compared to the same month last year, according to the State Bureau of Statistics. Industrial production rose to 158.6 billion yuan (5526.3 billion), according to bureau statistics quoted yesterday by the Official Xinhua news
      AFP  -  79 words
    • Article
      Lock icon 63% of investments from HK, Macau
      119 4 Reuter SHANGHAI Hongkong and Macau accounted for 62.83 per cent of foreign investment in China aa of the end of 1994, the Business News said yesterday. As of that date, approved foreign investment was U*****.3 billion (*****.6 billion) in 221,777, projects, with actual investment
      Reuter  -  119 words
    • Article
      Lock icon HK may have budget surplus
      100 4 AFP HONGKONG Hongkong ia liable to have a 1995-96 budget surplus, even if it has forecast a shortfall of HKS2.6 billion (Ss46B million), Treasury Secretary KC Kwong said yesterday. "The economy has grown faster than m forecast in the past few years. 1 would not
      AFP  -  100 words
    • Article
      Lock icon Losses of Lane Crawford's S'pore store substantial
      174 4 Reuter HONGKONG ufheekxA Co managing dirqptor John Hung said the retail slowdown has had little impact on its Lane Crawford department stoics in Hongkong, but tones spendinj/* he staStial," was all nounce its full ycanrcauhj® the year ended Marcfc 31, IV Despite a
      Reuter  -  174 words
    • Article
      Lock icon Chinese central govt losing its economic clout: economist
      492 4 Reuter BEIJING The Chinese central government's financial strength was low and slipping, despite sweeping tax reforms launched in 1994, a prominent economist said in a report in Beijing Youth Daily yesterday. Hu Angang, an outspoken researcher with the National Conditions Study Group
      Reuter  -  492 words
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      300 4 i ii' 1 CYC celebrates 9 I I I raT r H I I I BH leJI a H |g I^H§BbB fl W jt^l X St v w 1 RnwvLjsMi JuH WBSgSmBm iilii I'Mjj Tailor-made for those who have it made. >' ■-> t V\ -v. j t jn» i-;
      300 words
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      113 5 ■I m. mumw*j W■■ I I /t L£_L^f ■■pii—iiii—wn— in iii—wi'wiw i win imiiimp .t*& \W*g£ En ineered to move the humsn spirit gran I K ,/H J Jm I "^SI 1-." ......m..t, ••"•■•>.> .1 w~ mmdam GARDENS PARTS CENTRE. 209 PANOAN GARDENS. SINGAPORE 2250 TEL SSO SS44. EUNOS PARTS
      113 words
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  • ASIA
    • Article
      Lock icon US duties will hurt Americans: Japanese
      409 6 Japanese car makers step up campaign against proposed US tariffs Reuter WASHINGTON Japanese car makers have stepped up their campaign against the Clinton administration's proposed punitive duties on US$6 billion (SSB.3 billion) worth of luxury car imports, saying they will hurt American workers and
      Reuter  -  409 words
    • Article
      Lock icon No-confidence motions tabled but NZ govt's unlikely to fall
      258 6 Reuter WELLINGTON Opposition parties tabled no-confi-dence motions against New Zealand's conservative government yesterday but its survival was not under threat. The left-wing Alliance Party, reversing an earlier commitment not to seek to bring the government down, put forward its motion during
      Reuter  -  258 words
    • Article
      NZ's Labour Party seeks limits on land sales to foreigners
      357 6  -  Fran Mike Slams In AUCKLAND NEW ZEALAND'S main opposition party has backed away from it* previous wholehearted endorsement of foreign investment, drawing accusations that it has jumped on the anti-Asian bandwagon. The v Labour Party which earlier condemned as "stupid"
      357 words
    • Article
      Lock icon Aussie job market remains strong
      68 6 Reuter SYDNEY The solid performance of the Australian labour rnufcet continued in May with official figures showing a smaller than expected drop in May employment levels following a .massive surge in jobs in April. Economists yesterday said the strength in the labour maricet left the
      Reuter  -  68 words
    • Article
      Lock icon NZ to split state-owned power group
      64 6 Bloomberg Business News WELLINGTON New Zealand's government said it intends to divide its power generation company, Electricity Corp of New Ltd, into two companies beginning next Feb 1. Energy Minister Dot* Kidd said yesterday both companies will remain government-owned. However, he confirmed that the
      Bloomberg Business News  -  64 words
    • Article, Illustration
      Lock icon Keeping in touch
      50 6 Reuter TOKYO Combining two of the most recent feds of Japanese youth, telephone dating and karaoke, two pits chat with their acquaintances in another part of Tokyo yesterday. .There are already more than 60 of the telephone video hook-ups installed in karaoke boxes throughout the city. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Canberra warns against farm subsidies
      56 6 Reuter WASHINGTON An Australian cabinet minister on Wednesday warned the US against polluting the Asia-Pacific market with subsidised farm exports. "If there was an expansion of (subsidised farm exports) into Asia, it would have the effect of ruining it for everyone," Minister for Primary Industry
      Reuter  -  56 words
    • Article
      Lock icon Indian audit criticises power project
      60 6 Bloomberg Business News NEW DELHI An Indian government audit has found that the power distribution company in Maharashtra state will lose heavily from its electricity purchase agreement with the US-sponsored Dabhol generator, Indian Express reported yesterday. One of the objections raised was to the lack
      Bloomberg Business News  -  60 words
    • Article
      Lock icon Markets to gain from Asia's growth
      76 6 AFP SINGAPORE Most Asian economies should maintain strong growth and attract foreign funds to boost regional stock markets as their currencies stabilise in the second half of 1995, leading investment houses said yesterday. "We could see a scenario like in 1993 when regional stock
      AFP  -  76 words
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      149 6 Behind Every Successful Businessman s Club ~errarje i r •>? pv* ,y v business hours: 8. 30pm 3. 00am M KTV ft DISCOTHEQUE W' ",r nterfain all your business associates both overseas i Singapore in Club Ferrare. Our PR Manageress pretty Guest Relation Officers will make yours 4 theirs a
      149 words
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      363 7 mess lines, rrway juoe v im r business. Author of two other books, he is currently developing will present evidence of the paradigm shift with case studies. another book, tentatively MHI Transformation for the Digital Economy He has #(ll This event is essentially for CEOs, Chief Information Officers, been Presidents
      363 words
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      615 8 The World's Favourite Beer. L SELLING B6ER JK Mgk. J<!■ e -^E Thursdays: 7pni At the MISCHIEF 'P" Vs- Karaoke with our DJ on Sundays MiscHfef/ A BOULEVARD HOTEL. 200 Orchard Boulevard Singapore 1024 Tel: 737 2011 V 5-IN -1 POOLSIDE BUFFET Enjoy a sumptuous spread of fresh seafood and
      615 words
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      Page 8 Advertisements Column 2
      258 8 WHERE TO WINE, DINE AND ENTERTAIN I* "GOOD OLD *1 FASHIONED FUN. AT CLUB 5." English and Chinese all-time favourites performed live". Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm 8 pm, with one for one standard drinks. Club 5. It's the
      258 words
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      Page 8 Advertisements Column 3
      321 8 The Day Yoi i Dine At Triple 3. Rf Prepared To Have A Very Light Breakfast Skip breakfast altogether for a sumptuous buffet J at Triple 3, an irresistible spread featuring some 5 I 60 hot and cold dishes, plus tempting desserts. Call Z, I us now to make your
      321 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Survival instincts
      468 9  -  A BT Lifestyle contest winner explains to Susan Tsang his selection of survival must-haves Susan Tsang THE BT Lifestyle competition for May gave us a scenario where a plane crashes in the desert. With 12 objects salvaged from the plane, contestants had to organise them in order of
      Photo by Chris Loh  -  468 words
    • Article
      Lock icon All-Starr group to go on world tour
      299 9 Mpitn a\/ Reuter AP Reuter UPI FORMER Beatles drummer Ringo Starr is rehearsing with a band of rock greats in Vancouver and plans to go on a world tour starting in Japan next week, music industry sources said on Wednesday. Starr is rehearsing
      Reuter; AP; UPI  -  299 words
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      170 9 WHQK TO WINE, DINE AND ENTERTAIN (ttatrnfyill JlmiM Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) I l Western Japanese Set Lunch atsllsof Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 I llv!W 100% olive oil!,
      170 words
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      Page 9 Advertisements Column 2
      137 9 TSINGTAO r- BEER .M r''- C Standing tall with its Superb Flavour MMmmmmm—mmm——l——— Tsmgtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laosha. Its superb taste, praised and awarded the worid over since 1963, quenches your thirst... revitalises your leading hotels, supermarkets and
      137 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1098 9 Garros. American champion Sergi Bruguera Spain. Austria's Thomas Muster plays A Yevgeny Kafelnikov of Russia. Revolver, 11pm, Ch 5 >5* Robert Urich is fine in this made-for-TV action. He plays a secret service agent who must come to terms with his wheel- r4&W chair he wants to find the gangster
      1,098 words
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  • SPORTS
    • Article, Illustration
      Lock icon Rockets win — almost by magic
      617 10 Rockets win almost by magic NBA Finals AP ORLANDO, Florida Wednesday night had tunied into Thursday morning, Nick Anderson had turned into Bill Buckner (the ex-Boston Red Sox baseballer who let the ball through his legs in the decisive game of the 1986 World Series against the New York Mets),
      AP; Reuter  -  617 words
    • Article, Illustration
      Lock icon Sore backs won't stop Norman and Couples
      440 10 Golf AFP WASHINGTON Greg Norman and Fred Couples will not let sore backs prevent their golfing comebacks with the US Open a mere week away. Norman won last week's PGA Memorial after a sixweek layoff and joins Couples here this week when the
      AFP  -  440 words
    • Article
      Lock icon Sanchez beats Date and reaches final
      376 11 AP, Reuter AyUS Defending champion Arantxa Sanchez Vicario MKSterday overcame a tough from Kimiko Date to '-inch the women's final of the nfiench Open with a 7-5, 6-3 Zm Her opponent in Saturday's £will be the winner of the id semi-final between Graf and
      AP,; Reuter  -  376 words
    • Article, Illustration
      Lock icon A dark horse among the last four
      302 11 French Open AP PARIS With the spotlight on Sergi .Bruguera, Thomas Muster and Andre Agassi, Michael Chang has been lurking in the shadows at the French Open. Lurking and winning. Although top-ranked Agassi has been ousted along with sec-ond-ranked Pete Sampras and third-ranked
      AP  -  302 words
    • Article, Illustration
      Lock icon Wallabies and England playing safe
      607 11 Rugby Reuter, AP JOHANNESBURG Both Australia and England played safe with their team selections on Wednesday as rival coaches Bob Dwyer and Jack Rowell exchanged ritual compliments ahead of Sunday's World Cup quarter-final in Cape Town. The Wallabies, bidding to defend the title they won
      Reuter,; AP  -  607 words
    • Article, Illustration
      Basketball
      42 11 ORLANDO, Florida NBA Finals Game Oat Wednesday; Orlando 118 (30-31-19-30-8) Houston 120 (19-31-37-23-10) (OT; Houston leads best-of-seven series 1-0). High Stoma Houston. Hakeem OUjuwon 31, Qyde Drexler 23, Kenny Smith 23. Oriaadoe Shaquilk O'Neal 26, Anfernee Hardaway 26, Nick Anderson 22.
      42 words
    • Article, Illustration
      Golf
      47 11 EVIAN, France Erin Masters Ist id Wednesday; 67 Helen Wadsworth (GB) 68 Laura Davies (GB), Trish Johnson (GB), Catrin Nilsmark (Swe), Annika Sorrenstam (Swe), Lisa Hackney (GB) 70 Corinne Dibnah (Aus), Sofia Gronberg (Swe), Mardi Lunn (Swe), Carin Hiaimarsson (Swe), Helen Dobson (GB), Maria Bertilskold (Swe).
      47 words
    • Article, Illustration
      Lock icon Soccer
      338 11 AP AFP MILAN Internaziooale of Mitan announced on Wednesday that it got from Manchester United green light for the transfer of international midfielder Paul I nee. Sources dose to Inter, the crosstown rival of AC Milan, said dub vice-president Gianmaria Visconti di Modrone and general director Paolo Taveggia were
      AP; AFP  -  338 words
    • Article, Illustration
      Squash
      29 11 NEW YORK Tournament of Champions semi-finals Wednesday: 1-Janshcr Khan (Pak) b 4-Brett Martin (Aust) 17-16 15-1 15-13; 2-Rodney Evles (Aust) b 3-Peter Nicol (Scot) 15-12 17-15 1-15 15-13.
      29 words
    • Article, Illustration
      Tennis
      117 11 PARIS French Open qnarter-ft-nals Wednesday Men's singles: 7-Seigi Bruguera (Spn) b Renzo Furtan (Ita) 6-2 7-5 6-2; 6-Michad Chang (US) b Adrian Voiena (Rom) 7-5 6-0 6-1. Ponhles: 2-Jac-co Eltingh/Paul Haarhuis (Ned) v Yevgeny Kafelnikov/Andrei Olhovskiy (Rus) 6-7 (3/7) 6-3 9-9 (Match suspended because of bad light). Women's doubles:
      117 words
    • Article, Illustration
      Lock icon Yachting
      210 11 AFP SYDNEY Australia will not be represented in yachting's Admiral's Cup regatta next month in England, it was announced on Wednesday for the first time in 30 years. In a sign of the times for ocean racing, the number of countries competing in the blue-water series off England's south
      AFP  -  210 words
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      619 10 TOLL—PRBH TEL. No. 3 PAX:T»I-12»a it V I NOTICE OF MEETING I I NOTICE IS HEREBY GIVEN that the 27th I I Annual General Meeting of the Company will be I I held on Tuesday, 27 June 199S at 10.00 a.m. at I I the Orchid Room, Apollo Hotel, 3rd
      619 words
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      Page 10 Advertisements Column 2
      274 10 f i J fc'v*---i j fr..- .1 V ONCE AGAIN, t BMW IS SETTING THE FACE IN LUXURY MOTORING. |E i i?< i .jS i•' t THE NEW RMW 7 SERIES. TAKING THE LEAO. When it came to creating a completely new car that would for innovation instead of tradition,
      274 words
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      129 11 m unr Si Is VP j u- m&-"'. >bility instead of passivity. intelligent innovations place even greater focus on both driver and es our ambition to its ultimate passengers. And yet it remains what it always will be: a thoroughrolutionary car that takes luxury tired BMW. e. And it proves
      129 words
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      2141 12 I 111 l I ra SB r5 PR 2: =J ja Pfit JH ras t 111 l INDUSTRIALS COMMERCIAL BANK LIMITED AND ITS SUBSIDIARY COMPANIES 111 l INCORPORATED N THE REPUBLIC OF SINGAPORE) BALANCE SHEETS 31 DECEMBER 1994 j I The Croup The Bank The Group Th» Bank Notes 1884
      2,141 words
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      2571 13 111 l §f§ ts ru mm 5b JSI Ptt JB Jfi» Jf* 8188 <g wan ***>■!*») 111 l CHUNG KHIAW BANK LIMITED AND ITS SUBSOARY COMPANIES 111 l INCORPORATED IN THE REPUBUC OF S*JGAPOR6) BALANCE SHEETS AS AT 31 PECEMBEBJ394 The Group The Bank TheOreug The Bat* rrr: ith Mote*
      2,571 words
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      1875 14 HII mm ii mm s ja mm mm nfl FAR EASTERN BANK LIMITED AND ITS SUBSIDARY COMFANIES 111 INCORPORATED W THE REPUBUC OF SWGAPORE) r BALANCE SHEETS AS AT 31 DECEMBER 1994 TNOroup Ttußwfc The Group Tin Bonk Notee 1994 1903 1984 1993 NOAM It— 1993 1994 1993 rooo rooo
      1,875 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Time to graduate
      968 15  -  Tag Heuer wants to shed its upstart image and move into the ranks of the established watch brands, reports Michelle Low Michelle Low TAG Heuer's slick, avant garde marketing jostled it a place among premier Swiss watch retailers when it entered the market not so long ago.
      Photo by Arthur Lee  -  968 words
    • Article, Illustration
      Lock icon A shop with No Name
      458 17  -  The deputy managing director of a local distributor/retailer tells Jenny Lam about his company's new retail chain and its plans for expansion Jenny Lam Homegrown fashion distributor and retailer Ossia International has launched a new shop concept called No Name, selling casual fashion footwear. The
      Photo by Chris Loh  -  458 words
    • Article, Illustration
      Lock icon Gradual changes for Kmart
      632 17 Its new CEO's unlikely to take a slash-and-burn approach in attacking the troubled chain's problems: analysts Bloomberg Business News INVESTORS have demanded change at Kmart Corp for months but, for now, they're willing to give its new leader time to grapple with its problems. And Floyd
      Bloomberg Business News  -  632 words
    • COPY LINES
      • Article
        New CEO for Pro-Ads
        47 17 THE Pro-Ads Group has appointed Navtej Singh Naffi to his friends its chief executive officer. Mr Singh assumed the post on April 18. He will manage Pro-Ads Singapore, associate design house Nova Design and a Malaysian subsidiary in Kuala Lumpur called D&A Associates.
        47 words
      • Article
        Calling the Shots
        81 17 JIM AITCHISON, executive creative director of Batey Ads, has been invited to join the editorial advisory panel of Shots, the London-based international programme featuring the world's best TV commercials. The Shots magazine also carries stories on major new TV and print creative campaigns. Mr Aitchison's role will
        81 words
      • Article
        Parker ad makes (air)waves
        66 17 McCANN-Erickson's Singapore office has created a Parker Pen commercial that has so far been used in over 20 countries in Asia, Latin America and Africa. The ad was shot and produced by The Picture Farm, directed by Willie Tang, with music composed by Schtung Singapore. It
        66 words
      • Article
        Dentsu Awards in Japan
        79 17 THE 48th Dentsu Advertising Awards Screening Committee in Japan has awarded the Dentsu Grand Advertising Award to Matsushita Electric Industrial Co, making it the 22nd time the latter has won the award. The award was in recognition of Matsushita's other Dentsu awards for magazine advertising, potter
        79 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      89 15 \~z\ fv?t lepptoyAki J)ittewce For a Teppanyaki treat with a difference, our chefs have planned a sizzling menu of Sirloin Beef, Prawns, Scallops, Salmon and Chicken accompanied with Peppercorn Sauce, Herb Sauce, Tomato Concasse Sauce and Dill Cream Sauce. The tantalising meal also comes with Sushi Maki, Salad, Fried Rice,
      89 words
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      Page 15 Advertisements Column 2
      1442 15 ■MM I Marketing I HH Institute of I Singapore I Dot*: K> ft n July, 1995 La Merfclen Orchard I Fees: $824.00 (Non MB Member) $618.00 (MB Member) $618.00 (Join as Member now)* I f amUMJM j f> |—#-»> m- seminar uofecnw I This programme is intended to explain to
      1,442 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      2227 16 111 l ||f| UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARY COMPANIES I 111 l incorporated n the republic OF SAJGAPORE) ralance sheets —AS AT 31 DECEMBEBJ994 I The Group The Company TlteOwap TheCoayny roa9 rooo I TmmA NolM 1984 1983 1884 1883 6etonoe a 1 Jenuery I Wgigg 1883 I™l
      2,227 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      1212 17 I lltl UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARY COMPANIES I WW «CQWDMrfONt»«NKMUC(yMQmi I NOTES TO THE FINANCIAL STATEMENTS I (Cont'd from previous page) Tj» Group and The Company I 1904 1993 I I $'000 1000 I (»i) Genera): I Balance at 1 January 24,22$ 21.228 I I Charge tor
      1,212 words
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  • Article
    New Zealand reaps the gains
    499 18 AFTER a decade of aggressive free market policies such as tight money, cuts in wasteful spending, deregulation, privatisation and wage reform, New Zealand is cashing in on some of the benefits. This was amply evident in the budget presented by Finance Minister Bill Birch last
    499 words
  • Article
    Happiness is being clubbed
    394 18 SELLING precious state land on 30-year lease for private clubs to be built, which the Urban Redevelopment Authority intends to, can be justified on some counts. This is despite the fact that planners and the public alike will regard such land use as uneconomic and of
    394 words
  • Article
    Tigers gone too far
    158 18 THE ATTACK on Sri Lankan security forces by the Tamil Tigers in the last two months was not unexpectied since the rebels scuttled a three-month truce in April. But the recent mining of a Red Cross vessel was Something else. Since April, Tamil Tiger rebels have
    158 words
  • Article
    Firm stand for long-term good
    124 18 HONGKONG allowed the import of foreign labour in 1989 to ease a shortage. Under the scheme, a total of 250,000 foreign workers were admitted. The current unemployment crisis in Hongkong may well mean that Hongkongers have lost their jobs to foreign workers, both legal and
    124 words
  • Article
    Keeping things in perspective
    156 18 THE customs and excise duty directorate-general has stepped up its lobbying for the restoration of its inspection powers that were stripped 10 years ago with the introduction of pre-shipment inspection of imports. Now, the debate over that system has resurfaced. Because the issue is often seen
    156 words
  • Article
    Not just for show
    113 18 ONE of the most effective ways to deflect public concern about a political problem is to appear to be doing something positive to solve it. Give grievance an outlet and it loses its voice that's the theory, and it works. It would be churlish to suggest
    113 words
  • Article
    For national crises only
    127 18 THE Group of Seven in its summit next week in Halifax will attempt to find a way to make sufficient funds available in the event of another liquidity crisis such as the one that hit Mexico earlier this year. Preliminary discussions will follow a two-prong approach
    127 words
  • Article, Illustration
    Lock icon US adopts new creed
    976 18  -  Ronald Steel examines internationalism the new foreign policy buzzword Ronald Steel The writer, a Professor of International Relations at the University of Southern California, is author of Temptations of a Superpower DO Americans need to fight a war in Bosnia to prove that they are good
    Reuter  -  976 words
  • Page 18 Advertisements
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      236 18 Congratulations to SIMEX on its launch of the Brent Crude contract. ...^HvSHEfiL^Kri<lii^^H.. Dealing with power. Reuter Energy 2000 Profitable dealing on world energy markets What's more, it includes the analytical tools you demands a powerful source of information. A source need to get the most out of all this information,
      236 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      79 18 (THe. CAMTeeji twev seew TDWINK T-T-Vfog ui-rfeeD>w gr^r^g JL^TT^Si «Pr SBTj suits mE...miMD vouTN fIHHRr =z=r^ I \T'S CMp«HGGO SINCe "n-t£V «Xg3SS» > *?&fscSSI^QoaoS&D J^rl &L?tP€.... CA—QCUTIONtYWWWLTO,im-ItH 94St> DOONESBURY GARRY TRUDEAU ALSO, HE JUST LOVEPSA- HJHSH HJ6 FINALLY GOT fl I MoT PI Mk W ■me.HBHHST6(7r INTER- CCHN 70 MAXIMS
      79 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Republicans target 'corporate welfare' agency
      1125 19  -  Congress wants to axe the US Commerce Department, which it accuses of serving large companies with ties to the Democrats, reports Leon Hadar Leon Hadar The writer is BT's Washington correspondent WHEN he first entered office, President Bill Clinton promised to place America's "economic security"
      White House Photo  -  1,125 words
    • Article, Illustration
      Equality bypasses women in home of the revolution
      897 19  -  Sex discrimination still thrives in France, says Salil Sarkar Salil Sarkar The writer is a Paris-based journalist who contributes to BT SWEET is the smell in the Paris underground in the early morning hours. It's certainly more fragrant now than ever before
      897 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      133 19 1.1 HILLI OUTDOOR FURNITURE |C It l 11l for Hotels, Resorts, Clubs and Condominiums 21-27 Orclwrd < Boulevard, On* of many stackable models of Lounges and Chairs Park House, Singapore 1024. Ramler poolsidc and outdoor furniture from Australia is made from the finest j e 02-734 2561,02-235 3221. raw materials
      133 words
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  • Article
    Lock icon Weak US$ undermining global growth: bank chiefs
    401 20 AFP SEATTLE Central bank governors of the world's leading industrialised nations acknowledged that the weakness of the US dollar was undermining prospects for future global economic growth. Banking chiefs meeting here for the International Monetary (Conference remained tightlipped in public about the havoc
    AFP  -  401 words
  • Article, Illustration
    Lock icon Clinton vetoes bill to cut US$16b in spending
    373 20 NYT WASHINGTON President Clinton on Wednesday vetoed his first bill, striking down a plan to cut US$l6.4 billion (5522.8 billion) in spending this year and marking a new phase in his confrontation with the Republican-controlled Congress. During a Rose Garden ceremony honouring
    NYT  -  373 words
  • Article
    Lock icon Tobacco firm's study shows it knew of risks
    378 20 AP NEW YORK In 15 years of previously undisclosed research, the world's largest tobacco company studied nicotine and found that it affected the body, brain and behaviour of smokers. That work is at odds with arguments by the company, Philip Morris, that
    AP  -  378 words
  • Article
    Lock icon Whitewater probe: Arkansas governor charged with tax fraud
    303 20 Reuter LITTLE ROCK, Arkansas In the highest-level indictment so far in the Whitewater probe, a grand jury on Wednesday indicted Arkansas Governor Jim Guy Tucker for allegedly defrauding the Internal Revenue Service and a business loan company. Tucker was charged along with
    Reuter  -  303 words
  • Article
    Lock icon Major sees no EU currency for now
    70 20 Reuter LONDON Prime Minister John Major told parliament yesterday he did not expect a European single currency to be implemented for some time. But even if a single currency were set up, Britain would consider its options before joining. "Even if the time
    Reuter  -  70 words
  • Article
    Lock icon Russian arms sale
    99 20 AP WASHINGTON The Clinton administration has determined that the Russian government sold advanced missile technology to Brazil, in apparent violation of Moscow's promises to respect a global accord barring trade that promotes the spread of ballistic missiles. US officials said on Wednesday that the sale made Russia
    AP  -  99 words
  • Article
    Lock icon Children's woes
    78 20 Reuter ABIDJAN The plight of many children in the towns and cities of West and Central Africa is worsening as they have to work or turn to prostitution or begging to survive. The United Nations Children's Fund yesterday said that putting the children to work was a fact
    Reuter  -  78 words
  • Article
    Lock icon Fininvest boss' trial
    92 20 Reuter MILAN The chairman of Silvio Berlusconi's Fininvest, at the centre of politically-charged referendums on television ownership, yesterday confirmed that he was to be tried on charges of illegally financing political parties. Fininvest chairman Fedele Confalonieri, who denies any wrongdoing, confirmed reports in newspapers that he would
    Reuter  -  92 words
  • Article, Illustration
    Lock icon Yeltsin's orders
    90 20 AP MOSCOW In the first such step since the Soviet Union collapsed, Russian President Boris Yeltsin (right) yesterday ordered authorities to close to outsiders a northern city that houses a major nuclear submarine base. During Soviet times, hundreds of cities housing military bases and defence plants were closed
    AP  -  90 words
  • Article
    Lock icon US jobless claims fall
    59 20 AP WASHINGTON The number of Americans filing new claims for jobless benefits fell by 7,000 last week, the second drop in three weeks. The Labour Department yesterday said that first-time applications for unemployment insurance totalled a seasonally adjusted 372,000 during the week ended June 3, down
    AP  -  59 words
  • Article
    Lock icon US pilot rescued
    82 20 Reuter AVIANO, Italy Crack US marines, trading fire with Bosnian Serbs, rescued an American pilot in Bosnia at dawn yesterday after he had survived six days in hostile territory on "guts and training". Captain Scott O'Grady, missing since his F-16 jet was hit by a Bosnian Serb
    Reuter  -  82 words
  • Article, Illustration
    No reason to panic over Singapore's slowdown
    720 20  -  The Bottom Line VEN SREENIVASAN VEN SREENIVASAN The writer is a BT Journalist ASINGAPORE-based tax consultant recounted a business talk he gave recently in Australia. "The Singapore economy is slowing down," he told his audience, in all seriousness. "Growth is expected to slow
    720 words
  • Article
    Lock icon Juppe wants ministers to cut their budgets
    183 20 AP PARIS French Prime Minister Alain Juppe yesterday asked his ministers to cut their 1996 administrative budgets by 8 per cent and to reduce subsidies and other aid programmes by 15 per cent. Mr Juppe, in a letter, didn't outline cuts in overall
    AP  -  183 words
  • Article
    Lock icon American CEOs still bullish about the economy
    209 20 Bloomberg Business News WASHINGTON Some of America's top corporate executives say they expect to hire workers and open facilities this year because recent evidence shows that the economy won't slow enough to erode their profits. The government last week reported drops in employment,
    Bloomberg Business News  -  209 words
  • Article
    Lock icon US outlines new security strategy for Europe
    396 20 AFP WASHINGTON US military leaders have outlined a six-point strategy for bolstering European security that called for gradual Nato enlargement and more cooperation between Russia and the Atlantic alliance. The Defence Department report on US security strategy for Europe and Nato was released
    AFP  -  396 words
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  • COMPANIES & MARKETS
    • Article
      STIC arm lands $140m construction job in India
      227 21 SINGAPORE Singapore Technologies Construction (ST Construction), a subsidiary of listed Singapore Technologies Industrial Corp (STIC), has clinched its first major contract in India. The $140 million contract is to design and provide construction management services for a commercial and residential facility in
      227 words
    • Article, Illustration
      HPL expects weak Australian market to hit profits this year
      547 21  -  By Agnes Wee SINGAPORE Hotel Properties Ltd (HPL) expects its bottomline this year to be hit by tougher-than-expected market conditions in Australia. The blow from Down Under stems from HPL's acquisition of Brashs, one of Australia's largest retailers of consumer
      547 words
    • Article
      Pacific Can to pay $2.5m for stake in Kingdom
      205 21 SINGAPORE Pacific Can Investment Holdings has agreed to pay $2.55 million for a 21.57 per cent stake in a firm which distributes and trades in spectacles, lenses and other optical and visual products. The move, said PacCan yesterday, is part of
      205 words
    • Article
      How appetising is the Salim asset shuffle?
      669 21  -  HOCK LOCK SIEW By Leslie Lopez JAKARTA It is no secret that investors aren't taking too kindly to the Salim Group's proposed asset shuffle. So early this week, the conglomerate controlled by tycoon Liem Sioe Liong decided to play host to a group
      669 words
    • Article, Illustration
      Soaring Singapore dollar clips SIA's wings
      409 21  -  By Conrad Raj SINGAPORE Singapore's soaring dollar has prevented Singapore Airlines' net profits from climbing over the $1 billion mark. Instead, the national carrier reported group after-tax profits of $917.5 million for the financial year ended March 31, 1995, just 15 per cent more
      409 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 21 Mixed •Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Barings, Credit Lyonnais Securities Daiwa. Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co. Nomura. Phillip. Smith New Court. WI Can and SG
        51 words
      • Article, Illustration
        HOT STOCK
        92 21  -  By Paul Leo HOLDERS of Pacific Carriers shares need not be unduly worried by a 4-cent fall in price to $1.33 on strong volume yesterday 772,000 shares changed hands compared with the 10-day average of 253,000 units. Intra-day movements indicated that there was buying support at $1.32. Weekly
        92 words
    • COMPANIES
      • Article
        Lock icon CAM Mech quizzed on share price
        70 22 Bloomberg Business News SINGAPORE Computer maker CAM Mechatronics Ltd was queried by the Stock Exchange of Singapore yesterday over a 27 per cent jump in its share price. Yesterday, the stock fell three cents, or 4 per cent, to 71 cents with 3.07 million
        Bloomberg Business News  -  70 words
      • Article
        Flextech forms venture in Penang
        65 22 SINGAPORE Flextech Holdings Ltd has set up a subsidiary in Penang that provides tape and reel manufacturing services in West Malaysia. Its 75 per cent stake in Isotel Industries is held i via wholly-owned subsidiary Telford Industries Pte Ltd. The rest of the company is
        65 words
      • Article
        Vikay eyes plant in Johor
        56 22 .SINGAPORE Vikay Industrial Ltd has told the Stock Exchange of Singapore it was considering an investment in a liquid crystal colour shutter facility in Johor, Malaysia. Managing director David Jap said plans are underway to start building the plant this year but was unable to
        56 words
      • Article
        Lock icon Fu Yu's placement shares all sold
        59 22 Bloomberg Business News SINGAPORE With just three trading days to the close of the company's initial public offer, Fu Yu Manufacturing's placement shares have ail been sold. This was disclosed by David Chong, b assistant manager of corporate finance of lead manager and underwriter
        Bloomberg Business News  -  59 words
      • Article
        Hwa Hong share options for execs
        33 22 SINGAPORE Hwa Hong Corporation has proposed an executives' share option scheme for its managerial staff. Approval will be sought at an extraordinary general meeting on June 28.
        33 words
      • Article
        Two Sunshine Allied directors quit
        31 22 SINGAPORE Two directors of Sunshine Allied Investments Ltd Steven Murray Small and Giles W A Hefer have resigned, said the company yesterday without going into details.
        31 words
      • Article
        Lock icon Uniphone pre-tax profit dips 4%
        35 22 Bernama KUALA LUMPUR Uniphone Telecommunications Bhd yesterday posted a 3.9 per cent drop in group pre-tax profit to M 550.95 million (Ss29 million) for the year ended Jan 31, 1995.
        Bernama  -  35 words
      • Article
        Untitled
        490 22 Haeiews'prices Jun 9 Sh Greater China Fd 1.00 <® w Mcndaki Gr Fund 1.03 1.06$ Singapore Umt Trust us Gr Fund 1.02 1.06** The Commerce 1.60 l.69xd imb Up* m The Savings Fund 1.55 1.64 S pore Prog Fund 0.63 0.67 Uiuftind 46 1.53 S pore See Fund 0.99 1.05
        490 words
      • Article
        Lock icon MBf Holdings takes 40% of SSI on eve of Aussie listing
        173 22 Reuter SYDNEY Malaysian financial services group MBf Holdings Bhd will acquire a 40 per cent stake in Hongkong-based SSI China Enterprises Ltd which plans to list on the Australian Stock Exchange today, SSl's underwriter said. The underwriter, Sino Investment
        Reuter  -  173 words
      • Article, Illustration
        SES-bound Thai phone operator to increase registered capital
        452 22  -  From Loh Hui Yin in BANGKOK THAI cellular phone operator Total Access Communication, which is to list on the Stock Exchange of Singapore, will increase its capital base by 915 million baht (5552.2 million) to 3.85 billion baht. Total Access Communication (TAC),
        452 words
      • Article
        Lock icon Lippo to sell stakes in Jakarta project
        322 22 Reuter, Bloomberg Business News HONGKONG The Lippo Group said yesterday it has signed a deal to sell stakes in PT Lippo Village, a new township in Jakarta, for a total of U5557.5 million (5579.9 million). China Resources (Holdings) Co will take a 5
        Reuter,; Bloomberg Business News  -  322 words
      • Article
        Lock icon JG Summit plans US$1b investments over 2 years
        305 22 AFP MANILA Philippine ethnic Chinese tycoon John Gokongwei says his holding firm, JG Summit Holdings Inc, has earmarked US$l billion (551.39 billion) for investment in cement, telecommunications, real estate and petrochemicals over the next two years. Mr Gokongwei said after a shareholders'
        AFP  -  305 words
      • Article
        Lock icon Golden Plus' pre-tax profit trebles to M$19m
        255 22 Bernama KUALA LUMPUR Golden Plus Holdings Bhd announced that its group pre-tax profit for the year ended Dec 31, 1994 more than trebled to Msl9 million (S$ 10.83 million) from M 55.55 million previously. However, turnover for the group during the same period
        Bernama  -  255 words
      • Article
        Lock icon IGB sees mega-mall accounting for half its 1999 earnings
        461 22 Bernama KUALA LUMPUR IGB Corporation Bhd expects rental income from the proposed Bandar-Mid Valley's megamall to contribute about 50 per cent of group earnings in 1999, said executive director Lai Meng. Speaking to reporters after its annual general meeting here yesterday,
        Bernama  -  461 words
      • Article
        Lock icon Court petition alleges distortion in Polypulp company accounts
        519 22 Bernama KUALA LUMPUR A shareholder of Polypulp Paper Industries Berhad (PPI) has filed a petition against the company, a subsidiary and four directors for allegedly distorting the financial status of the company and Us subsidiaries. [mmm The petitM£Mh#filed on Monday at the
        Bernama  -  519 words
      • Article
        Lock icon Petronas plans Indian subsidiary: report
        256 22 Bernama NEW DELHI Petronas, Malaysia's national oil corporation, has proposed the setting up of a wholly owned subsidiary in India for its various operations and investments, it was reported here yesterday. An English daily, the Indian Express, said Petronas has applied to the authorities to
        Bernama  -  256 words
      • Article
        Lock icon Lotteries Corp to continue: operation as probe goes on
        205 22 Bloomberg Business News KUALA LUMPUR Lotteries Corporation, a subsidiary of Olympia Industries Bhd, will keep running its lottery in the east Malaysian state of Sabah as an investigation into the legality of its licence continues. Company officials said yesterday morning that
        Bloomberg Business News  -  205 words
      • Article, Illustration
        Lock icon Wharf not selling Omni hotels
        429 23 Suitors keen on all or some of its 45 hotels Bloomberg Business News HONGKONG Wharf (Holdings) Ltd, approached by several parties to sell all or some of its 4S Omni hotels, isn't holding "serious" discissions with any potential suitor, a Wharf executive said yesterday. "We're
        Bloomberg Business News  -  429 words
      • Article
        Lock icon Hutchison shares tumble on news of sale by li Ka-shing
        519 23 Bloomberg Business News, Reuter HONGKONG Li Ka-shing just sent a message to his shareholders: sell. The billionaire's investment flagship revealed late on Wednesday that it sold an unprecedented US$l66 million (Ss23l million) worth of shares in Hutchison Whampoa Ltd, the
        Bloomberg Business News,; Reuter  -  519 words
      • Article
        Lock icon NZ's Tasman Properties and Seabil to merge
        153 23 Bloomberg Business News WELLINGTON New Zea-land-based Tasman Properties Ltd, formerly Robt Jones Investments, and Seabil (NZ) Ltd said they plan to merge, creating a company with assets of about NZ$l.l billion (SSl.l billion). Of that total, NZ$476 million will be shareholder equity. The
        Bloomberg Business News  -  153 words
      • Article
        Lock icon Australian brothel's share offer hits red light
        333 23 Bloomberg Business News MELBOURNE Plans for the public listing of the Daily Planet, Australia's most upmarket brothel, have hit a red light due to a new law, the brothel's manager said. The legal Melbourne bordello grabbed the headlines last October when it announced
        Bloomberg Business News  -  333 words
      • Article
        Lock icon HK property second-liners to take off: Morgan Stanley
        181 23 Reuter HONGKONG Bombed-out second-line Hongkong property stocks could be ready to bounce, said Morgan Stanley Asia managing director Peter Churchouse. Mr Churchouse told reporters yesterday that such counters had been lagging the recovering Hongkong stock market, and could climb sharply in the
        Reuter  -  181 words
      • Article
        Lock icon Citic free to sell HK Telecom shares
        93 23 Bloomberg Business News HONGKONG Citk Pacific will be able to sell 875 million shares of Hongkong Telecom that were used as collateral, the Chinese-language Hongkong Economic Journal reported yesterday. Citic Pacific had to put up 1.3 billion shares of Hongkong Telecom as collateral
        Bloomberg Business News  -  93 words
      • Article
        Lock icon Toshiba sets up Shanghai joint venture
        70 23 Bloomberg Business News TOKYO Toshiba Corp said it has set up a joint venture in Shanghai to manufacture and sell cable television receivers for both the local market and export. Toshiba will own 40 per cent of the US$5 million (556.95 million) venture, to
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Regulators clear sale of Holvis unit
        77 23 Bloomberg Business News ZURICH Swiss regulators said Holvis Holzstoff AG's agreement to sell its Fiberweb unit to BBA Group pic conforms with Swiss law, rejecting international Paper Co's contention the accord is illegal. New York-based International Paper Co, which is bidding to take over
        Bloomberg Business News  -  77 words
      • Article
        Lock icon Sony-Asahi-Corning TV glass plant
        51 23 AFP TOKYO Sony Corp, Asahi Glass Co Ltd and Corning Inc plan to invest US$3OO million (SS4I7 million) on a television gbx« manufacturing plant in the US, a joint statement said yesterday. The companies said the new plant would be established at Sony's Pittsburgh manufacturing centre.
        AFP  -  51 words
      • Article
        Lock icon The two chiefs meet as Lotus shares continue to climb
        394 24 IBM's bid for Lotus NYT NEW YORK In their first face-to-face conversation since IBM began its hostile takeover bid for Lotus Development -•'Corp, the heads of the two companies met on Wednesday in New York City, according to an executive
        NYT  -  394 words
      • Article
        Lock icon SEC probes trading of Lotus stock
        464 24 Regulators looking at possibility of insider trading prior to IBM bid Washington Post WASHINGTON The code name was Project Clipper. For months, only a small circle inside IBM knew about the impending US$3.3 billion (554.6 billion) takeover offer by Big Blue for Lotus. But,
        Washington Post  -  464 words
      • Article
        Lock icon TeleWest to merge with SBC CableComms
        248 24 Bloomberg Business News LONDON Tele West Communications Group pic, the largest UK cable television company, has agreed in principle to merge with SBC CableComms UK, as consolidation in the industry goes into a second phase. SBC CableComms is owned 50-50 by Southwestern Bell Inc
        Bloomberg Business News  -  248 words
      • Article
        Lock icon Trump venture pays high 15.5% in sale of US$155m junk bonds
        337 24 NYT, Reuter NEW YORK Trump Hotels Casino Resorts, the Donald Trump venture that owns the Trump Plaza Casino in Atlantic City, New Jersey, and plans to open a riverboat casino in Gary, Indiana, paid a surprisingly high 15.5 per
        NYT,; Reuter  -  337 words
      • Article
        Lock icon Economic gloom casts pall over stock market
        342 24 Bloomberg Business News TOKYO Pessimism surrounding Japan's economic prospects has deepened to the extent that you can't pay most people to buy Japanese stocks. "It seems to be hopeless," said Osamu Yamazaki at Cigna International Investment Advisers of the Tokyo equity market. As
        Bloomberg Business News  -  342 words
    • FINANCE & COMMODITIES
      • Article
        MAS closes loophole in curbs on credit card promotion
        327 25  -  By Shiv Taneja SINGAPORE The Monetary Authority of Singapore is believed to have closed a loophole that many banks had used to circumvent credit card promotion curbs introduced last October. Guidelines issued last week ban card issuers from being financially involved
        327 words
      • Article
        Great River Industries raises US$75m in S'pore offshore market
        255 25  -  By Soh Tiang Keng SINGAPORE Indonesian clothing group Great River Industries, which has subsidiaries in Singapore and Malaysia, has tapped US$75 million (Sslo4 million) from the Asian dollar market through a revolving credit facility. This is the biggest sum raised by
        255 words
      • Article
        Lock icon Deutsche Bank raiding Merrill Lynch for top executives
        311 25 Bloomberg Business News NEW YORK Deutsche Bank AG, Germany's largest bank, is raiding Merrill Lynch Co, the biggest US securities firm, for traders and investment bankers. For the first time, Deutsche Bank is flexing its financial mnsde in a drive to obtain
        Bloomberg Business News  -  311 words
      • Article, Illustration
        Lock icon Tokyo forex market still faces many hurdles
        541 26 Reuter TQKYO Longer trading hours have helped perk up the flagging Tokyo foreign exchange market, but it still has many hurdles to jump before recovering fully. The market "is off the bottom, but I don't really have the sense that it will grow",
        Reuter  -  541 words
      • Article
        Lock icon Derivatives disclosure by big US banks better now
        298 26 Bloomberg Business News WASHINGTON Some of the biggest American banks are giving customers more information about the risks of buying derivatives, the Office of the Comptroller of the Currency (OCC) said. Banks dominate the US$l5.6 trillion (5521.6 trillion) derivatives market and have
        Bloomberg Business News  -  298 words
      • Article
        Lock icon China's top regulator urges moral training
        333 26 Registration for securities traders based on exams also mooted Reuter SHANGHAI China's top securities regulator has urged more professional and moral training for securities personnel as an important step to improve its securities market, the China Securities newspaper reported yesterday. Zhou Daojiong, chairman of
        Reuter  -  333 words
      • Article
        Lock icon Opec oil faces more competition for higher demand
        272 26 Reuter LONDON A rising tide of oil from its competitors will be a key issue for the Organisation of the Petroleum Exporting Countries at its meeting later this month, data released on Thursday showed. Opec oil ministers face a challenge from producers
        Reuter  -  272 words
      • Article
        Lock icon LONDON
        179 26 Bloomberg Business News LONDON The dollar was little changed against most major currencies after comments from Bundesbank President Hans Tietmeyer on Wednesday fuelled speculation that German interest rates could be headed lower. Mr Tietmeyer said the possibility the central bank's next move will be to raise interest rates was
        Bloomberg Business News  -  179 words
      • Article
        Lock icon NEW YORK
        96 26 AFP NEW YORK The dollar held steady against other major currencies here early yesterday in a moderately active market awaitins publication today of the US wholesale price index in May. At 1410 GMT, the dollar was quoted at 1.4165 marks, up from 1.4145 on Wednesday, and at 84.88
        AFP  -  96 words
      • Article, Illustration
        Untitled
        1159 26 Trade-weighted index calculated against S'porr s tap 14 trading pannen. Box year: 198} US$/S$ forward rates Noon /Jun 8 s$ BU Offer 1-month ***** I.3J74 2-month 1380* 1.3119 3-month I.37M 1.3773 6-month 1.3632 1 3652 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mm nlal: Singapore dollars to oae salt
        1,159 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady after volatile day
        1292 27 Reuter SINGAPORE Simex Eurodollars ended steady after a day of heavy, volatile tradins. Dealers said the market was sold down sharply in the morning but rebounded in the afternoon on heavy short covering. "When the Europeans came in (in the afternoon), they started to
        Reuter  -  1,292 words
      • Article
        Tokyo gold higher on NY gains
        685 27 COMMODITY REPORTS Cold TOKYO; Gold futures closed higher on overnight gains in New York coupled with the weaker yen against the dollar. Prices ranged from si* to 12 yen per gram higher, with benchmark April ending up 10 yen at 1,063. The market was
        685 words
      • Article
        Indons mixing old coffee with new?
        55 27 SINGAPORE Indonesian exporters are mixing old crop coffee with newly picked robusta beans because of the slow arrival of the new crop, according to traders in Asia. Many of the old beans have mould which has, in turn, spread to the new beans, rendering
        55 words
      • Article
        Caffeine-free coffee on the way
        80 27 HAMBURG Genetic engineering may soon make it possible to grow coffee plants which do not contain caffeine, according to Professor Hans Steinhart of Hamburg University. Speaking at a cofFee seminar here, he said it might take five years to locate the position of the caffeine
        80 words
      • Article
        Cocoa pact focuses on tree stock survey
        113 27 LONDON Talks this week about limiting world cocoa production have focused on getting support for a survey of world cocoa tree stocks, delegates a' the International Cocoa Organisation (1CCO) said Producing countries have agreed to try to Limi worldwide output by 75,000 tonnes
        113 words
      • Article
        China to sell 'strategic' copper stocks
        81 27 LONDON China's "strategic" stocks of coppe will be used to replenish commercial stocks in thr, country as well as be exported, according to Pete. Hollands, analyst at Bloomsbury Minerals Econom ics Ltd. Writing in the May issue of Copper Briefing Service, he said that
        81 words
    • Article
      COMMODITY PRICES
      1347 27 SICOM Futures (fchm dull t» at 5.Hyi) MS 1 C—tract (S cents/kg) Ck»c Volume Open Month High Low Sett (tonnes) Interest 214.30 209.00 214.00 150 2025 Auk 210.50 206.00 211.00 1500 3025 Sep 206.50 2850 Oct/Dcc 202.50 200.00 202.50 675 6525 Jan/Mar 96 202.00 3075 Apr/Jun 96 200.00
      1,347 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        902 28 -17.4 SHARES closed lower yesterday amid bearish sentiment triggered by a weak performance on Wall Street. The All Ordinaries Index fell 17.4 points to 1,998.2, the lowest close since May 19. The All Industrials fell 26.3 to 3,027.1 and the All Resources dropped 10.5 to 1,218.2. Turnover was 192.2
        902 words
      • Article
        Manila
        577 28 +0.62 Share prices rose as second liners managed to make up for a fall among the blue chips. The PSE Composite Index gained 0.62 point to close at *****.47. Turnover was 1.73 billion shares valued at 1.89 billion pesos. The strong performer was Security Bank which made its debut
        577 words
      • Article
        Taipei
        495 28 -40.56 Share prices closed lower in slow trading, pulled down by poor performances of textiles and plastics and chemicals shares. The 321-issue Weighted Price Index dropped 40.56 points to 5,641.02. Turnover was 625 million shares worth NT524.54 billion. Falls outpaced rises 265 to 56, with 89 issues unchanged. The
        495 words
      • Article
        Seoul
        420 28 -8.68 Stock prices closed lower, buffeted by an array of arbitrage selling over most sectors. "The market needs new, substantial stimulus, as the May 27 stock market boosting measures seemed already factored into prices," said an analyst. The Composite Price Index dropped 8.68 points to 890.68. Turnover was 19.35
        420 words
      • Article
        New Zealand
        295 28 •0.47 Shares were little changed on concerns over the impact on earnings of high interest rates and the rising New Zealand dollar, traders said. In addition, investors are beginning to worry about how the next national elections are shaping up, they said. "There are still a number of
        295 words
      • Article
        Bombay
        170 28 -21.56 Stocks fell after a parliamentary committee scotched hopes for a return of a system that allowed investors to delay paying the full price for shares. Trading levels have slumped by about two-thirds since the system was banned in March 1994 for encouraging "excessive" speculation. The committee, a watchdog
        170 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        787 28 Britannia Fund* Sterliag Cask BM Offer Mim Cw Depowt M MOO M 6J00 Mini Jene> CilT. AII93 0 1992 Mm Mai lacoaw ****** ****** USS Cash Income Pli» Fund 10 5200 II OWO PS S Raervc Fund 5.4900 J JOOO -0.4J92 0.4931 Fir U* Fund *2 7450 •2 *730 Mm
        787 words
      • Article
        London
        706 28 +10.0 BLUE chips hit a 15-month closing high after a day dominated by bid rumours. Shares in drugs company Zeneca surged amid further speculation of a bid from Switzerland's Roche Holding. Aside from Zeneca, trading was subdued. 'The problem at the moment is that we're in this grey area
        706 words
      • Article
        Paris
        165 28 -23.5 French shares ended lower in brisk volume as dealers were disappointed the Bank of France council had decided to keep its interest rates unchanged, despite cuts in Germany on Wednesday and Belgium and the Netherlands yesterday. The share index was also depressed by a fall in luxury goods
        165 words
      • Article
        Frankfurt
        182 28 +6.24 German stocks closed the day little changed as declines in car shares and utility stocks offset gains in financial and chemical shares. The DAX Index closed at 2,137.21, up 6.24 points. "The market really followed the dollar and the bond market around today," said a trader. "When those
        182 words
      • Article
        Brussels
        209 28 -13.52 Belgian shares closed nearly one per cent weaker on profit-taking on the last day of a two-week trading account after a late recovery from intra-day lows sparked by a domestic rate cut half an hour before the close. The Bel-20 Index ended 13.52 points down at 1,430.41 with
        209 words
      • Article
        Milan
        165 28 -18 Italian shares rallied from lows on rate cuts by Belgium and Holland but the mood and the direction remain uncertain. The resistance of Fiat and interest in Montedison helped give a boost to sentiment after the market opened in weak mode. The Mibtel end down 18 points at
        165 words
      • Article
        Stockholm
        106 28 +1.03 Swedish shares closed virtually unchanged as a quietly optimistic market resisted increasing debt yields. The OMX Index edged up 1.03 points to 1,258.64. Turnover was 2.2 billion crowns. Pharmacia was yesterday's top performer, closing five crowns up at 162.5 after nudging a new high of 165. Analysts said
        106 words
      • Article
        Zurich
        260 28 •12.8 Swiss stocks fell as investors sold insurance and banking stocks and shares of some exporting companies tracked the dollar lower. The SMI Index of 23 stocks lost 12.8 points to 2,806.8. Fourteen shares fell, two were unchanged and seven rose. The SPI Index lost 8.06 to 1,846.55. "Investors
        260 words
      • Article
        Johannesburg
        350 28 -53.5 South African shares ended easier across the board as buyers remained sidelined by political uncertainty and a lack of fresh supporting factors, dealers said. They said initial gold price gains and an easier rand had done little to buoy prices and a late gold price dip had dragged
        350 words
      • Article
        Toronto
        260 28 -1.22 Stocks opened lower in thin dealings, dragged down by falling gold and bank stocks. The TSE 300 index fell 1.22 points to close at 4,475.11 on volume of 7.5 million shares valued at Csl72 million. Dealers said the market is holding its breath for resumption of trading in
        260 words
      • Article
        New York
        625 28 1.04 Stock prices remained narrowly mixed in lacklustre trading as the market continued to consolidate its recent record-setting gains. The Dow Jones Industrial Average, which retreated 23.17 points on Wednesday, was ahead 1.04 to 4,463.07 at 1 lam EDT. The NYSE Composite Index was off 0.36 to 286.60,
        625 words
    • Article, Illustration
      Lock icon HONGKONG
      2510 29 Bloomberg Business News HONGKONG Stocks dropped for a third day as Hutchison Whampoa tumbled following the disclosure that the investment flagship of billionaire Li iG-shing had sold US$l66 million (Ss23l million) worth of shares in the conglomerate. The market pared its losses in the last hour of trading after
      Bloomberg Business News; Source: Bridge Info  -  2,510 words
    • Article, Illustration
      Lock icon CHINA
      455 29 CLSA IN Hongkong, the H share index sained 1.06 points at 1,169.88 on turnover of HK534.3 million. Jilin Chemical was the only losing counter, down 1.2 per cent to HKSI.6O. The Shanghai B market closed almost unchanged at 636.44 points on thin turnover of US$l.4 million. Shangling Electric rebounded
      CLSA  -  455 words
    • Article, Illustration
      Lock icon TOKYO
      2499 29 Bloomberg Business News TOKYO Stocks fell near their lows for the year on concern that the government won't do enough to help banks dispose of outstanding loans, a problem that's putting a crimp in the economy's performance, traders said. "Many investors have lost a lot of faith in the
      Bloomberg Business News; Source: Bridge Info  -  2,499 words
    • Article, Illustration
      Lock icon BANGKOK
      1433 29 Reuter BANGKOK Stocks closed slightly lower on light selling, of finance issues in particular, as recent profit-taking sapped buying confidcnce. The SET Index closed 5.60 points down at 1,396.79. Turnover was 126.8 million shares worth 7.9 billion baht. Falls led rises 177 to 126 with 112 issues unchanged. "Investors
      Reuter; Source: Bridge Info  -  1,433 words
    • Article, Illustration
      Lock icon JAKARTA
      1133 29 Reuter JAKARTA Shares closed down as players cashed in almost across the board. The Composite Index fell 6.42 points to 489.09. Semen Gresik fell 1,000 rupiah to close at 14,900 on heavy profit-taking. Semen Gresik had earlier in the week staged strong gains following its full listing Property related
      Reuter; Source: Bridge Info  -  1,133 words
    • Article
      CLOB INTERNATIONAL
      2083 30 Cr Gr IMS Lot Vol D«» UmUm D(» Dh YM N«t MC» Hl(t Lot Coapaay Salt (WO) Hfe* Low Bwyw Setter Or P/C Sail TjPALAYSIAN stocks T 47« 19A iKg yv 402 +4 271 408 394 400 404 3.0 -M 0.2 41.2 127 77.3 AMDBMc +1 86 94
      2,083 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares little changed as foreign buying dwindles
        6575 30 Bloomberg Business News KUALA LUMPUR Stocks were little changed after reports of a weakening US economy led foreign investors to ease purchases of shares. Their concern is that a recession in the US would reduce demand for Malaysian exports. Twenty per cent of
        Bloomberg Business News; Source: Bridge Info  -  6,575 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7829 31 imu i ««i Vol Day Ijmi Qwrtc Dh Dh YM Net Cm Avg High Lmi Coapaa) Sale (DM) High Loo Bayer Seller C*r PIt. Jail Price INDUSTRIAL ANO COMMERCIAL 488 3*2 m I s Acma 50c 464 cd -18 246 476 462 462 464 215 14 9.7 639.6 468 4<n
        7,829 words
      • Article, Illustration
        Lock icon Prices fall as players puzzle over mixed signals from US
        1859 32  -  By R Sivanithy SINGAPORE An absence of any serious institutional interest yesterday left the local stock market directionless. Behind the market's slow activity was a sense of confusion arising out of conflicting signals sent by the US regarding the health
        Charts by Bridge Info; Source: Bloomberg  -  1,859 words
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      281 21 NEWS VALUE Tax boost for Indon bank mergers, infrastructure* (pg 1) Promising. Liberalisation in Indonesia gaining pace as regional competition for foreign investment intensifies. Tokyo outlines plan to deal with bad debt of banks (pg 1) Declining asset values making debt problems harder to solve. Greenspan says risk of mild
      281 words
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      1602 25 TOLL —FREE TEL. No. 1-600-741-1883 FAX:74I-1298 «s> INNO-PACIFIC HOLDINGS LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 21st Annual General Meeting of the members of the Company will be held at 70 Shenton Way, *09-03, Marina House, Singapore 0207 on 28 June 1995 at 9.00 a.m.
      1,602 words
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      Page 25 Advertisements Column 2
      382 25 M THE MATTER OF THE COMPAMEB ACT. CAP. 80 AND Wt THE MATTER OF BMRIMVESTMENTB PTE LTD fri Mm* it 1 VulMiMnf NOTICE IS HEREBY GIVEN thai tha cmMon of N atoiwanamad Company, which la balnq wound up aaarsssss <*<*** and Via wmi and aitt thalr aollcitora (If any)lo tha
      382 words
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      Page 25 Advertisements Column 3
      468 25 In a recent independent survey*, it was found that lin 5 Airlines uses us as his eyes and ears around the world, readers of The Economist are millionaires**. While many of our readers started out with nothing, This is no coincidence. we'd like to offer you a free book. Pocket
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      Page 27 Advertisements Column 1
      295 27 I With a worldwide team of 125 multi-disciplined B I professionals and a network of international offices, n 9 OCRA provides confidential and cost effective company B formation in all the major low tax areas including: B •BRITISH VIRGIN ISLANDS -CAYMAN ISLAND B B 'IRELAND "MAURITIUS JERSEY B I "SEYCHELLES
      295 words
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      Page 27 Advertisements Column 2
      20 27 As and when the latest London/ Rotterdam prices are not available, the prerioas trading day's dosing figures are carried Instead.
      20 words
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      43 29 Jk 111 The Rare and Unique M§ I iMmMT m PATEK PHILIPPE TIMEPIECES M A now available in limited numbers. 7 V3[T STKXBTOF: I M S(. <Smm I I JEWELLERS SWCS lfl9 B ANY SUPE SMALL TO LARGE Shangri-La Hotd Arcjdt, fjj SSSh-
      43 words
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      1580 32 BUSINJESS T I M ~E~ S i^SSlL— THE COMPAMES ACT, CHAPTER 80 SECTION 2B0(2XB) notice of mtoi imuw WELL PACIPIC OBVELOMmTS PTE LTD (M MEMBERS' VOLUNTARY UQUCATION) At an Extraordinary General Meeting of Shell Pacific Developments (Private) Limited Pte Ltd held at 44th floor, Shell Tower, Singapore 0104 on Thursday,
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      563 32 llB|Hior> Closing Star* PrteM 8/06/1996 CLOM MV LOW NNN UMK UM UM UM UM pnni i—»■in* i mi tn >!m %a4 LwMfl MryPtemt 0.«7B 0.M 0.M4 1.00 ■3M "l r I I 1.M 1.M 1.M Blinhr 1 Ortewtat 1JJ 1.W 1.2* 1-M 111 In i Hi I Ml MIC &4M
      563 words
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      540 33 Knight Ridder, Reuter THE Baltic Freight Index for spot dry cargo shipping rates fell to 2,016 on Wednesday from 2,026 on Tuesday. Shipbrokers believe there are grounds for optimism in the dry I cargo market with reports of a rising volume of enquiries for Ju- ly. There are
      Knight Ridder,; Reuter  -  540 words
    • Article
      Lock icon Few sugar vessels ask to dock at Santos
      308 33 Reuter RIO DE JANEIRO The number of sugar vessels requesting permission to dock at Brazil's port of Santos is currently at low levels, said a port authority spokewoman on Wednesday. Although there are about 15 vessels waiting to dock or announced to
      Reuter  -  308 words
    • Article
      Lock icon Turkey acquits Cypriot captain in Bosporus collision
      151 33 Reuter ISTANBUL A Turkish court on Wednesday acquitted a Greek Cypriot captain of charges of causing a collision between two ships in the Bosporus Strait in March 1994 in which 19 seamen were killed, Anatolia news agency said. Captain Spiridon Georgiou's was acquitted
      Reuter  -  151 words
    • Article
      Lock icon Hapag-Lloyd expects lower earnings
      152 33 Reuter HAMBURG German shipping and travel group HapagLloyd AG said it would not be able to match its 1994 earnings in the current year. Chairman Bernd Wrede told the company's annual shareholders' meeting the main reason for the expected fall was lower earnings in its shipping
      Reuter  -  152 words
    • Article
      MARITIME STOCKS
      325 33 jg» 500 Jan 8 S$ Vol CWT Distribution 1.58 +0.03 34 CWT Distribution A 1.51 Chuan Hup Holdings 1.15 -0.01 165 Cosco Investment 1.69 -0.02 5 Cosco Investment A 1.66 +0.01 9 Far East Levingston 6.50 unch 61 GB Holdings Ltd 0.80 Hai Sun Hup Group 0.845 +0.005
      325 words
    • Article
      Call to adopt two new safety systems
      338 33  -  Marichem Asia '95 By Alec Almazan SINGAPORE Asia's shipping community was yesterday urged to adopt two new European maritime safety systems to improve safety standards. They are the Chemical Distribution Initiative (CDI) and the Marine Information Society (Maris). BP's chemicals director for Asia-Pacific
      338 words
    • Article, Illustration
      Lock icon Fire breaks out at world's longest pier
      75 33 Reuter LONDON About 100 British firemen on Wednesday battled to save the world's longest exnlosion. Two oeoole were treated for fmnke inhahtinn when the Maze erupted on the 2.16 km long pier at Southend in eastern England, rescue officials said. An unexplained alley
      Reuter  -  75 words
    • Article
      Lock icon Alcatel teams up to bid for warship contract
      100 33 Reuter PARIS Alcatel Alsthom, Vickers Shipbuilding Engineering Ltd (VSEL) and Electronic Data Systems (EDS) have formed a consortium to bid for a communications system contract for the planned Horizon frigate. Alcatel ISR of France is leading the consortium, which includes Alcatel's French
      Reuter  -  100 words
    • Article
      Aussie shipowners unhappy with govt budget proposals
      460 33  -  From Selva Kumar in SYDNEY SHIPOWNERS Down Under are likely to clamour for changes to the Australian government's proposals in last month's budget statement, but the seafarers may be divided in their attack. For the Australian-flagged shipping lines plying international routes, the impact
      460 words
    • Article, Illustration
      Lock icon India stops the manpower slide
      825 34 The Indian government and shipping lines are stepping up training programmes to reduce the drain on crews caused by an ageing pool of seafarers and pincnmg by foreign owners Fairplay INDIA is still a major provider of crews, but it has lost ground to its
      Fairplay  -  825 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      514 34 P«ge ABC Cont 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana 15 Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Baumindo Bengal Br IS •Blue Star
      514 words
    • Article
      THE SHIPPING GUIDE
      11710 42 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore fbHowed by the ETA at the destination. The page number refers to the location of the schedule advertisement ETA ETA Um Vessel Voyage 'I I fL_ ifr jg— 14/06 A 1V06
      11,710 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1597 51 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Rtcord BwUn/BitaKt Sho Voy m Etb/Btr ftrtod Fraw T» Fraw to o«, WW 25 jMg JJjJg 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 Aa Jade 242A 11/0700 08/1700 09/0659 09/0900 4 09/1200 09/1459 09/1700 Aa Uy 063B 09/2359 W
        1,597 words
      • Article
        AT CONVENTIONAL WHARVES
        502 51 inad, »g III Bwii Vrhal Dtparttft Jwong ftrt Batam Bahma 06/01/95 J1 alongside 09.06/2300 Com* 18 J5/6 09.06/1700 Dm G«na *****5 J21 atongsrte 09.06/2300 to Vad 04 04/95 17 atongsde 09 06/0600 Hriy 06/03/95 J1 atongs*fe 09.06/0300 Km Sow 1 Kl-1/95 J20/21 atongsrt 09.06/2300 Muton Vl/B 61
        502 words
      • Article
        COCKETT BUNKER MARKET REPORT
        828 51 THIS 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 the individual
        828 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon US close to signing air accords with 9 European nations
        413 52 Reuter VIENNA The US will sign formal "open skies" agreements liberalising air travel with nine European countries within the next week or two, US Transportation Secretary Federico Pena said on Wednesday. Mr Pena, speaking to journalists at a conference of
        Reuter  -  413 words
      • Article
        Lock icon KLM wants arbitration in dispute with pilots
        207 52 Bloomberg Business News AMSTERDAM KLM Royal Dutch Airlines said it will ask a court today to order its pilots back to the negotiating table in order to resolve the conflict between the two sides on a number of issues. Talks about the terms
        Bloomberg Business News  -  207 words
      • Article, Illustration
        Lock icon First flight completed
        53 52 Boeing 111 developments Reuter WASHINGTON DC An inspector for Pratt and Whitney checking the United Airlines Boeing Til after it made its inaugural flight from Heathrow Airport in London to Dulles International Airport in Heradon, Virginia, near Washington on Wednesday. He was inspecting the engine for foreign
        Reuter  -  53 words
      • Article
        Lock icon Cathay expected to be launch customer for stretch version
        281 52 Reuter HONGKONG Cathay Pacific Airways Ltd yesterday declined to confirm talk it would announce a deal with Boeing Co to buy some so-called stretch 777 aircraft, but said it has long expressed interest in the version. Boeing Co is expected to
        Reuter  -  281 words
      • Article
        Lock icon GE modifying faulty engine
        298 52 Bloomberg Business News CINCINNATI General Electric Co's aircraft engines division said it has begun modifying the engine it is installing in Boeing's new 777 twin-jet aircraft because of problems that came up during testing. The engine, part of the GE9O family of engines, showed "some imbalance"
        Bloomberg Business News  -  298 words
      • Article
        Lock icon M'sian air charter operator wooing govt agencies
        365 52 Bernama KUALA LUMPUR Asia Pacific Airlines Sdn Bhd (APA), a local operator of air charter services, is exploring opportunities with government agencies to secure a share in Malaysia's competitive market. Its chief executive officer, Mohd Yunus Tasi, on Monday said the company had
        Bernama  -  365 words
      • Article
        Lock icon Apec ministers to meet in Washington
        65 52 Reuter WASHINGTON Transportation Secretary Federico Penas aid on Wednesday the planned meeting of transport ministers of the 18 Asian-Pacific Economic Cooperation (Apec) economies will be held in Washington on June 12-13. The meeting, announced at the 1994 Apec summit in Kuala Lumpur, will take
        Reuter  -  65 words
      • Article
        Lock icon Taiwan plans NT$2b aircraft project
        121 52 Reuter TAIPEI Taiwan's government-sponsored research centre and fiye private companies plan to spend NT$2.ll billion (SSI 13.9 million) in developing a passenger information and communication system for aircraft. "We will soon submit the proposal to the economics ministry for approval," Steve Kuo, deputy directorgeneral at
        Reuter  -  121 words
      • Article
        Lock icon FedEx eyes Taiwan transport centre
        87 52 Reuter MEMPHIS US freight integrator Federal Express Corp said it put a proposal to the Taiwanese government to set up a regional air transhipment centre to complement the company's new htJ& at Subic Bay in the Philippines. The centre, at Chiang Kai Shek International Airport,
        Reuter  -  87 words
      • Article
        Lock icon Indian dispute halts cement transport
        95 52 Reuter BOMBAY Over 27,000 tonnes of cement have piled up at 4 suburban railway station near India's commercial capital, Bombay, after a dispute between truck operators and manual labourers, railway officials said on Wednesday. In a statement, the Central Railway said unloading operations at its
        Reuter  -  95 words
      • Article
        Lock icon TWA's troubles continue to linger
        309 52 Reuter NEW YORK Trans World Airlines Inc is working to win support for a critical debt restructuring plan, but the carrier will still be riddled with problems even if the programme is enacted. Although the airline's financial and operating performance has improved from its disastrous
        Reuter  -  309 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1373 52 AIRCRAFT ARRIVALS DEPARTURES a* nw« ra nm nt ItaJtaM ttWW ao» MMMd» SQ227 2230 riwilli il KL837 1450 SQ844 0040 SQ327 1560 GA890 0306 KLS38 2300 mm aw Mtmm SQ348 ;25C WM NZ73 1605 SQ285 2045 SQ288 2040 HZ74 2340 GFII46 1435 GF149 0710 B Sari Bum Ml TlOO SQ182
        1,373 words
      • Article
        Lock icon Ford, Chrysler scale back 3rd qtr output
        248 52 Reuter DETROIT Ford Motor Co and Chrysler Corp said on Wednesday their third quarter North American vehicle production will fall below year-ago levels, reflecting model changeovers and slower industry sales this year. Ford said it plans to reduce production in the US, Canada
        Reuter  -  248 words
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      12 33 (WEEKLY LCL TO: Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia
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      19 33 India stops the manpower slide: Page 2 US close to signing air accords with 9 European nations: Back Page
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      85 33 The Art of making money is first having ,h# Craft M SHIP FINANCING CALL US AT *****55 suss If WITS TSS 'w*, ©DBS FINANCE I Head Ofßn 112 Rofc»mon Rood, DRS Fmanc« SuWio®, Singapore 0106 i————■—— ..fcv' XK "ir. SSIiS Six hundred Mf years ago, -I ipfcAdmiral Cheng Hb My
      85 words
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      1002 34 I OTHER DESTINATIONS I I NORTH AMERICA I I WrtrCOJUT WffrllM. lIHWIIK mtWWOT* »WWCB I I *5a l*n 1 rn* ]uI (W «I tu ML Maurrxw| cw ni m iw 1 9 mj»| cwemml c*jb»|mh übb|cumi|kmtcw|c« wammtm uaaaaa omj*> WW MBiu JJJg IDMUT IMB Itti IDiI tt.7 IH7 I HT
      1,002 words
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      Page 34 Advertisements Column 2
      194 34 Lines and services represented by /oSSrot Members of the Registry oI Accredited Shipping Agents, Singapore National VOkJUj/ snipping Atsoctaivon. A rf i-»- r n^ iml rtibinhiTimnf w dovert&ng snQunes, comma snipping itwes. M 740-2089 J k I— a: CENTAURUS 10* MMMUUMi I GANALP 2MB 2tm RiMAMUKMrtH AWORLDAJAX 9/7 10/7 RfrtVAfcaAJK/NanlM
      194 words
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      965 35 FOONG SUN SHIPPING (PTE) LTD WHdttSALE CENTRE, BLOCK 1. #03-10 SINGAPORE 0611 TSE ,MO 7?SSS (12 LINES) FAX: *****16/*****25 TLX: RS2gl2O/***** FSSHIP VESSEL VOY ETA ETD DESTINATION SUN RAY IM6 1M 17/1 PIAJUmEHMNG NEE (MAX I M 6 1M 17A PONTIANAA/SINTETE GULF SULTAN 3/96 17/1 IIH BEN6KULU/PMMNG GULF SULTAN 2/96
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      1083 35 I JEDDAH/UK/CONTINENT Vissa/VOT ISTOM rm HUM MM STON IW M ta r*^ ~r T WM^O** nuort ooaim ms ii/m n/M »/v ts/tr a/v a/tr I. ri ZZ mm,m.mm MAS ins IS/M M/V M/V 17/W "SSSLM MXMIi ssssssnu [sU"? sg nm as ss ||^^H| MEDITERRANEAN (MED CLUB)' Hj^^H VBSH/VOY Tli|i|i.i M
      1,083 words
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      Page 35 Advertisements Column 3
      865 35 OHANJIN SHIPPING BOOKINGS TEL: *****36-237 OPERATION TEL: *****41-253 SALES TEL: *****30-233 DOCUMENT TEL: *****71-275 HMVB. UNEHAUL SEA YVR POX FOR ML M UKHMJL ti U HTt HMUM ELIZABETH tIK M DIRECT ZM SM 1/7 IRENES HORIZON BM M M ASUBZZE IV7 14/7 W HANJM KAOHSMH BZBE 1M DIRECT VI 7/7
      865 words
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      595 36 p— SUKtfOK now MMT SOUTHMVTON HWBUB6 MTIBMI AOTWP IiHAVK asg£=^Efc=^=i^=^^=|=:=^=±± g" —bi —ijf —!j(—=p^=Bg= flg |jj_[_*J ip'SßS™, w. J SSL aaar- saaaa astt. I ___^M^WUP"— l«> I am>w"*| iwMKßfs mm YMTBiffi «p ny wnair jl $J m ——Si $1 w «m g aM jp g B aaSfiSf s«»«« Bz IT
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      Page 36 Advertisements Column 2
      1125 36 NORASIA I VSL/VOY BCL VAL HAM Bl*NO^AM^F*^Li4j^| NOR KIEL 9622-3 M 2846H*6 81*7e2*70OTBS*7S8*7S4*7S4*76«*7 <,»(,( J23 W IVW 84*7 32.117 07*7 88*7 6687 8047 OM7 10*7 I*B7 11*7 I SL VALUE S24W 2146 10*7 0407 1547 16*7 15*7 I«*7 11*7 17*7 17*7 1847 I SEA ENOEAVOUR 52SW 28*8 17*7 19*7 22*7
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      Page 36 Advertisements Column 3
      621 36 JAPAN/HONGKONG/STRAIT3 REGULAR SERVICE LOADING FOR PORT KLANO/PEN&fcl vEB»a vor s pore p oupamo pm I y CHUMKUAH I 8U» ITT J qukw sbko i tu) mtt m TOLEDO 78 MPT 11JW comity 11 irr isjun ujum MEUNAU TWA 1 11 JUM !i**i 3—PAC QUEEN 1 lIJUM ISJUM 14JMI JUPITER 1
      621 words
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      1001 37 JiRi^^TRAITSSHIPPIIN^CTELT^^ 10 Noo Ckiaifl Road #11-01 Kappal To wars JIV ÜBiapara 0200 Tal: *****00 Fa*: *****17 f mw gum mn ZSsSJr (A SERVICC Of CHINA NAVIGATION CO) 'i. CARGO DUE SAILS I&mSm^ CJMAMMB HMImIAB U-U AM 14 JW W.KL MIIIMHII WW« MUTOMHUII—^ feuss™ 1 !g™«•«*?•»■. iif; 2£: «bsbw« m STRMTS
      1,001 words
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      Page 37 Advertisements Column 2
      2172 37 P&O Containers (Singapore Affendcs) Pte Ltd VWW J 10 Hoe Chiang Road, §07-01 Keppcl Towers, Siagapore 0208 First Class Connections WORLDWIDE iJSES^if 4 FNOCSF Fmc 225 5327/222 7517 j VOY I •mo <M« MM NU ANT HOT NAM OOT M LCM W* T GOT "OT NM« HM KM W U
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      886 38 IMIM uns y r sr s s s s ~fsll t. racermmh v* in w 11 n w wi gg*** "J *j£ vi mn« m I I. RESULT HHH HM WT Wl Wl Wl W E BUAMTRE-MA W **g jy? LNmiHti 1/7 r\n an an an an e aomrr re-aas
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      Page 38 Advertisements Column 2
      535 38 Baa wt w mh or us B UN COMORO Hl«w 5J| 22 22 T7M MM 25 SS I UN onSmro Swijw MM mi mm mm mm I IMOSRT SSS3 MM IM7 It« 7 IM7 IM7 IM7 S ST I SttSSk 2535 35 M S3 I SOUTH EMIT SBWOE twa *>
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      Page 38 Advertisements Column 3
      397 38 B TE'SMWMIIJune* m X H FAX: «2871ia/*****03 J~j. CW NO: 13T*****000E <J ACCEPTING FCL AND CONVENTIONAL Viml Voy «TA jLiidtagtv jpw Monten, DPboua Afabay Wona 1W A—to. H»i i n hi Atoyot 41WB 18** B KIEIIWWBUM FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO BO«OC VMMi My |sp«t|F.U*|M JM
      397 words
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      Page 39 Advertisements Column 1
      1919 39 EUROPE EXPRE^f^*» ■IVVfIBBIkW IKVA^ Mrilllwl i (ummvlr I/I 4HHH Of mm Cfltlmr 4/M7II <$£!.*Ji!!'!: mamLTB tasr&sr rr.' ««•>« **.g*— »r syt'sr"" sssssu w« %f«#*r« IIM QtT HO M HUUS X COtTAM At f HCHS (HltOM IHO W: IT-UMIU/ll' rIM: I 7 SUSI7I Frwn: USA- M M tW J™ TT! r^n
      1,919 words
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      Page 39 Advertisements Column 2
      652 39 (t FAMOUS CONTAINER UNES JM]—* 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 LINES) iA GOTHENBURG/SCAN 12/06 ROTTERDAM 12/06 lj AARHUS/COPENHAGEN 12/06 HAMBURG/BREMEN 12/06 MARSEILLE/FRANCE 13/06 FELIXSTOWEfIJK 12/06 BARCELONA/SPAIN 14/06 LEHAVRE/FRANCE 12/06 GENOA/ITALY 10/06 ANTWERP/BELGIUM 12/06 El 111! j j i n f I it fl I a'l'fi
      652 words
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      834 40 vessel vov siS jkt vessel voy am p« WW,..—. IMS MOO 1M Thu 1H BUNGA SEHOJA 5085 Sun 11/8 Tu. 13/8 1 IVCMei I VOY 1 SIN SKK OOOOEASY 02N Tu* IV6 W*d 14/8 M H WATMA BHUM* SON St 10K~ W»d 14/8 WV4A BHUM mm Sun 18/8 W#d 21/6
      834 words
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      Page 40 Advertisements Column 2
      825 40 79 ANSON ROAD, •21-01, SINGAPORE 0207 TEL: *****92 FAX: *****87 CR *****9200q0N STRAITS SHUTTLE SERVICE ~H PORT KLANO PENANO f I ffna vot m w _vessel vot sm pb SEA LAUREL 394N 0806 THU 0906 FRI UOTSE 5033 0706 OftQ6FRI 1 EAGLE BREEZE 2Q7A (WO6THU 1006 SAT XWR JAYA *****
      825 words
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      599 41 i BRA A. 1^ I j MYANMA I FIVE STAR LINE I (Nyanmar National Una) I \W Loading tor Yangon (Rangoon) I tan MH Pt* I iVVnAMTSM V99W SLB I PAGAN V22OW SLD t__ ■YOMAYWA VIS4W 15/06 IH MALAYSIA AfiENTS: BOUSTEAD SHIPPSM AGEMC« I SiSSUiSS -iMfi NIGERIAN NATIONAL SHIPPING LINE
      599 words
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      768 41 CggggJWfc JM PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Ced Street, iOWXJPtt- Building, Singapore 0106. I I JSSSSS■ CRNO **********06 IS ~n n mr > u>i AM 00M MH 808W ASA VWI w 215 M a/7 a/7 11/7 13/7 11/7 17/7 KOTA WMAWAM WMNB7P IS/* **>■ "J *fl Tl I>/7
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      718 41 I VESBB-8 VQY «N IE H*VHE HAMBURG TMAMEB Htll IWIMM AMTM&P WXE OESAGfTTA 909H 12/06 03/07 06/97 07/07 08/97 OM7 VHEPAQUEA law 16/06 WOT 1307 14/07 WOT W97 V*_LE DXYDRA HOOW 27/06 16/07 2CHJ7 22AJ7 2MJ7 84/97 VLLEDELYRA YOOW 04/07 2&07 Z7/Q7 2*07 3QQ7 »lA>7 ~1 ALSO ACCEPTING CARGO TO
      718 words
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      1531 44 AS AGENTS: "K" UNI (■■IQAI'Of) W1 LTD (CW tt*ll l —nr IT WC Wft IC-W7MM) K» V V M TEL *****77 TELEX K/SWAW R*****5 PAX *****157/&9 V VWTI? MALAYSIA: T UNE MAIVTME (MALAYSIA) KM BHD j TEL5A*****00PK*****75P*****2020J8 *****01 PGU*****256 I vLi WOONESIA: P.T. &ARANA LAUT MTERNUSA, TEL JKT *****06 N
      1,531 words
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      Page 44 Advertisements Column 2
      1344 44 AMERICAN PRESIDENT LINES, LTD. 19 KEPPEL ROM) <02-01 JTT POM BUUMNO aNQWORE OgM WW UNE 22X888 CUSTOMER SEHVCE 225-1225 FAX 221-M22 EAGLE VOCE jgll-MI CPS *****58 TOMOWTMi* CAMJkPA—WMMLy HIIIIH—I IMWW i"»I* i" i" i* ii mmmi jbmibbdbbimißßßW P MINOR KM MM 1141 MM UM P —PI W77 n*7 MT W*7
      1,344 words
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      643 45 (kMauj-omn vmvMcivm.) Official Ageot oft Ca«ihivioP (SIA ft AIRFMMHT) INTWNATTONAL£ SPSDmON MAINLINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETD COLOMBO 13/06 16/06 CMITTAOOMO 16/06 CALCUTTA 12/06 16/06 BOM BAY/NSW DBLHI 12/06 16/06 KARACHI I*/<* 18 0€ 18/06 18/06 USA/EUROPE btd rro USA (ALL INLANO POINT) 18/06 18/06 BUMPS
      643 words
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      Page 45 Advertisements Column 2
      1680 45 gfa. NedHoyd ROSARIO/5302 eta Port Kelang 13/6, Spore 14/6, Danrietta 27/6, La Spezia 2/7 (fm\ s)| Sfl Nedlloyd Lines CR *****C*****H •-.in *«ulFl Sh. I** %m it* Obß A»* OH. Him to. Br*<l) *tm(2) L* ,0,. TTJ T!* 13% 22/6 2/7 3/7 6/7 7/7 5/7 NUhonshu/4205 14/5 17/5 is/5 20/5
      1,680 words
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      Page 45 Advertisements Column 3
      326 45 W SUNSHIP AGENCIES PTE LTD 20 McCaUum Street 916-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Unas) FAX: *****06 CR No.: *****8 200 00R Y.S.N. LlWEM.iJjiii.i,aM.j.i.iiJ!i.i.'U4.iJiJUJ MLa.-)J i ti]iij I yam m |™Hkj«wß[ Wo* rmjm rem* Imh* il lift gg wwwt ortJtwrtw i «u) 1_ UrtS n WPOWT IH4A IHM
      326 words
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      1305 46 uammmsm U.S.A. CANADA 3 TIMES A WEEK SI DEVELOPER V.224 ETA SIN I2TH JUNE I«9S MAGIEIY MAERSK V.9506 EIA SIN IJTH JUNE 1995 MAENSK 10NG lEACH V.9504 ETA SIN 14IH JUNE 1995 m I I DESTINATIONS irwsh PftMAMi* Next week 6TH STRING M»SK LONG B6>CH VL9604 CF3I4/I ££55 All. BAL
      1,305 words
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      Page 46 Advertisements Column 2
      646 46 TO E. CANADA US ATLANTIC US GULF loading VOY SPORE 1 PKELANQ HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPIOO HOUSTON HO€GHCAJRIN 0130 IVI4JUN 2B JUL 31 JUL 3 AUG 10 AUQ 8 AUG 14 JUL 19AUQ HOEGH DUKE 0630 3 JUL 27 JUN n 10 AUG 19 AUG 22 AUG 29
      646 words
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      374 46 tSQ PHILI-OttteNT Y** LIN€S PT( LTD ®TEL: *****00 (16 UNES) FAX: 22figg7ft/*****38 P. KBJkMQ 03-*****08 I^^wEr^sSswN^pnssscnsssiTi!^^^isTl^^ AUCKLAND, WELLJNOTON, LYTTLETON, 12 JUNE I NAPIER. CHRgTCHURCH. NEW PLYMOUTH I ILONDOKFEUXSTWTLEHAVR^^^^^^^^I2TS!^ ROTTERDAM HAMBURO I ANTWERP, ALL EUROPE, MLAND DESTINATIONS 12 JUNE I AND CENTRAL SOUTH AMERKA PORTS I KEE/KAO^MN^^^^^inUN^B JAKARTA 11 JUNE I
      374 words
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      611 47 ILIMASSOL 'S" ISO 9002 BY LBQA LQ mtfchHf hdidhw rfcv offforwvdha to Akxamfia, Mvt, I x>sss\r^sn Laftakio andHaHa (s (fi) v -t Call TE/RUSU: 2771 069/57 NOW!!! fel* Fax: mteiwationalsea frboht Singapore 561 1668 272 9838 jg mM Also has offices in:GlIbL MALAYSIA THAILAND ££H PPINES «MV lUfr HONGKONG VIETNAM
      611 words
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      1046 47 Ky*— m _tm_eam__a—m |m aa «l_ bho w. mmm mm mp mm mmm ra OT~ KM MM MM I MM MM DM MM M« M HMSMM MM' MM MM MM MM MM MM-"I mc MQtn im MM MM' MM BM MM MM NO MKMCA4IM M M MM MM tIM MM
      1,046 words
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      385 47 "7£r »«(UM H PJ inV JI ITBfl Bl flHti H j |fl^ I> PM BJI B pAI l IrW%J wrm IrM* •JOIITIY OPERATED IY ATLAS LINE, CHITTAGONG KMTC LINE, SEOUL (ATLAS SHIPPING UNES UD) (KOREA MARINE TRANSPORT CO. LTD) FH EAST lAT Of COMCITIBMt lE6BUI tlttl SHTICt Z' v«iml v#r
      385 words
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      317 48 Singapore Soviet Shipping jAt Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN I (MMKL VOY TTW™ eOM coc MAMAtU «1» OMIM M.KURAKO MKOBN OMW BkMUTIARA MLTTQM ISAM MMS BLOWY OLMH6 WW «>— HOCHIMINH/NAIPHONG 'IUeSEL VOY r=T- HCM HPM npMCF KWOI 01MM6 IMM COMER kmqi OMMM mm otm honm KWOI OMNW mm
      317 words
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      110 48 SSEB3 SIM FAR EAST 13/6 KEELUNG/KAOHSIU NG 11/6 BANGKOK 11/6 MANILA/CEBU 12/6 JAKARTA/BELAWAN/SURABAYA 12/6 PORT KELAN6/PENANG/E. MALAYSIA 11/6 BUSAN 11/6 TOKYO/YOKO/KOBE/NGO/OSA 11/6 HONG KONG SIM CHINA (*GB#±»*n) 11/6 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 13/6 LDN/FLX/IVP/SOU 13/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM USA/CANADA
      110 words
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      Page 48 Advertisements Column 3
      392 48 STAR SHIPPING AGENCIES (S) PTE LTD MOMiMßsama GOLD STAR LM LTD SITU SWUNG CO4POMTWN TtUWONfc r*HM* (I LINES) FA*««» Ist *****12 tfUMfTHO) K* MO. **********0-1) n utaKA/cAtmuM savKK t§r&r "jfV «/j TtAMWUITH a IS/* uua m JJ/7 I/S J/S s/s »/s DBI OSAKA Mi a/tUNUMIISI M/ 7 1/S t/S S/S
      392 words
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      320 48 I"1 VESSEL ITiGER BRIDGE 338N 12-1306 18-2106 26-27/06 I TIGERBAY 339N 15-1746 21-2&06 2941/07 I TIGER CAPE 340N 19-20/06 2S-28/06 03-0447 I TIGER ISLAND 341N 22 2446 28-02/07 06-06/07 I TIGER BRIDGE 342N 26-27*16 02-0647 10-1147 I TIGER BAY 343N 29-01/07 06~09A)7 13-1&07 I TIGER RIVER 206CN8 *****6 20-22/06 29-2SW6
      320 words
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      193 48 m a hoi i m 1 mwrnw imT ~mm~ mm mm mm' I MARTHA ■Ml WT7 IM7 Mm Mm B C WBWUKMI ~SHT ~IVW~ HH M*« r J Mneraw i«w an aw »M» I '**Auc**nd m mm am m. mn mi am vm w bahtha i m um mm mm
      193 words
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      276 49 WWTWEI/»EaSAUBS:P.BUMIWSPOfIE ETA ETA vwa VOY PASM OUOANQ VOY SWOAPORE KUALA SUKV 4001S SSL KUALA MAK V fff** IttWilAT) 4062N 11/06 BUJj KUALA MAKV ***** 12AM MOM) 4063N 13/06 TUB KUALA SUKV ***** 14/06 1MB)) 4064N 16/06 I>M HUMLA6MKV ***** 16/06 THU) 4066N 16/06 H* KUALA SUKV ***** 17/06 (SAT) 4066N
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      403 49 MILL CONTAIN!!! wmci won SIN TO MADRAS VESSEL/VOY ETA SIN ETA MAA TIQeH ISLAND V.337N M POUT PRAVDiNSK V.20 11-IMS IS-17M KOTA JASA V JSAO23 11-IMS IS-ISM -non BRIOOE V.I3SN 12-1 MX IMI/M SEA ORAQON V DRQOS9 It-IMS 20-3V9S PRfVOLYE V.21 It-IMS 21-JMS PCtTOVO ¥.17 20-21/0t 2S-27/0S PRAVDINSK V-21 2S-2SAM
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      Page 49 Advertisements Column 3
      262 49 t NEO SHIPPING AGENCIES PTE LTD Tel: *****29 Fax: *****50 SPORE WEEKLY RO/RO-CONVENTIOHAL SERVICE TO HO CHI MIMH TRANSIT 2 DAYS LOADING SINGAPORE ON ALSO ACCEPTING 'FCL' CTNRS TO HAIPHONG 1® HAIPHONG ft JUN 99 WEEKLY CONTAINERS MRVICE TO BOMBAY TRANSIT 10-12 DAYS LOADING SINGAPORE ON: JOM WEEKLY CONSOL TO
      262 words
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      Page 49 Advertisements Column 4
      634 49 I WE ARE ISO 9002 CERTIFIES I VOT WN I LOS OAK ~VAH UT *CCQ*"" HQti WW M 3°« T*?» I CAtfCWNK FEGASUS 31 14/06 I 01/07 03/07 05/07 06/07 07/07 05/07 OVCP 06/07 00AP CAifowM jwna> n 21/06 I 00/07 10/07 12/07 13/07 14/07 12/07 12/07 iy<y 15/07 10/OT^MIP
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      715 50 vv BP MPPRMH AFGHANISTAN MAM Afghanistan Ltd., HLJH Hairatan, Torghundi, Islamqala (Doqharvn) Iwlflklwl C.1.5./RUSSIA: Alma Ata. Ashkhabad. Baku. Dushanbe. l. Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov, Moscow. aMlincn Novosobtrsk, Sochi. Tashkent, Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo express container service T0 viESJ coast SOUTH AMERICA ALSO
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      Page 50 Advertisements Column 2
      563 50 HM mn lsS!K inc Br 8«U (064) *****9 KUCHMQ (062) *****3 IV/ PBONO: (04) *****8 BANGKOK (682) *****67 MAMLA (632) *****61 P. K&AMQ: (03) *****77 JAKARTA; (21)*****87 SURABAYA: (31) *****0 [ASIA HKG/TWN/BKK GENOA/EUROPE"! m ?1« VSEES& G'bura/C'hagon/S'holmAhlo 7fi m U/5 9/6 10 5 111 Vkmn 1(VB 11/6 12/6 13/6 14/6
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      Page 50 Advertisements Column 3
      314 50 STRAITS/JAPW STRAITS SERVICE MULTI-PURPOSE A RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS Ira |m iommbk* msa vot an w ouMasrr u/t immux u/l kmon n/t TOSONMU tt/4 COSBKUMB SI It/I IS/* NMMIJ/4 «US 4 11/* 14/4 OMMWM 44 11/4 OmMOW 17/fc TMNOi
      314 words
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  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      123 51 REGipWALWEATHER UMNfr. R Thunderstorm c V*N. 1 W«oth€f Wind droction with sp««d n knots Rod VA/ nu J.| Cloudy Sky SvHvci wwdi Of# Mdicot#d by onfi wiiicfi ffy wilfc Hw wW On* M circl* calm or Ight and variabt* winds On* half fWch* r*pr*s«nts 5 knot* L» On* fvjl H»ch*
      123 words
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