The Business Times, 25 July 1995

Microfilm: NL20009
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times MITA(P) 194/12/94 Tuesday July 25 1995 WE KNOW ASIA 85*
    13 words
  • Article
    Lock icon Dow up 27 points
    94 1 Reuter NEW YORK The stock market roared ahead yesterday, in an impressive recovery from last week's shakeout. At 2 pm EDT, the Dow Jones industrial average was up 27.47 points at 4,669.02. In the broader market, at 1 pm EDT, advancing issues beat out declines 12-7
    Reuter  -  94 words
  • Article
    Untitled
    134 1 M—toy Change ST1I 2.139.73 -10.32 KLSEComp 1.045.42 -10.64; Nikkei 16.591.50 +2.41 Hang Seng 9.288.04 -122.19 SET Index 1.381.92 6.88 Jakarta Comp 509.54 -1.39, Manila Comp —2.878.98 -2.73 Taipei WPI 5.134.40 +17.49 Seoul Camp 965.36 2.11 Bombay BSE30 ...no trade CLSA China B 808.72 +3.59 AwtAMOrd.™ 2,119.6 -2.8 FTSE10© 3,431.6 +18.5
    134 words
  • Article, Illustration
    Mahathir calls for telecom mergers to cut competition
    584 1  -  Fran Ho Kay Tat in KUALA LUMPUR A SHAKE-UP of Malaysia's telecommunications sector may be in the offing. Prime Minister Mahathir Mohamad dropped a bombshell when he said yesterday that some companies in the sector should merge to avoid excessive competition. The
    584 words
  • Article
    Tokyo markets shake off election worries
    382 1  -  Frt« Anthony Rowley in TOKYQ JAPANESE financial markets yesterday appeared to shrug off the outcome of Sunday's Upper House taking the view that the fortunes of Japan's economy depend more in the short to medium term upon monetary rather than fiscal policy. After opening
    382 words
  • Article, Illustration
    Lock icon US dollar poised for rebound against yen, mark: JP Morgan
    416 1  -  By Vikram Khanna SINGAPORE The US dollar is "pretty close to bottoming out" and could rebound to 95-97 yen and 1.55-1.60 marks in the next 12 months, William Brown, the managing director and chief economist of J P Morgan said
    Source: Bloomberg  -  416 words
  • Article
    Lock icon Vietnam almost missed Asean boat
    225 1 Reuter BANDAR SERI BEGAWAN Vietnam yesterday agreed to become part of a regional free-trade area, avoiding a lastminute derailment of its admission to Asean, a senior official of the group said. Vietnam told a meeting of Asean senior officials in the Brunei capital that it
    Reuter  -  225 words
  • Article, Illustration
    Camerlin urges shareholders to accept its offer for YHS
    749 1  -  By Conrad Raj SINGAPORE The Quek Leng Chan-led consortium bidding for Yeo Hiap Seng has urged shareholders to accept its offer, noting that they should consider whether the currently higher share price could be maintained over the offer price of $4.70
    749 words
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  • SINGAPORE NEWS
    • Eye on the Economy
      • Article, Illustration
        Lock icon Diners get their appetite back
        252 2  -  By Jenny Lam AFTER eating out less in April, Singaporeans spent more on food in May. The latest Catering Trade Index shows that at current priccs, food expenditure in May grew 6.4 per ccnt from the previous month. At constant priccs, the index registered a
        Source: Dept of Statistics  -  252 words
    • Article
      MobileOne, MobileLink may rewire MRT system
      479 2  -  Existing infrastructure inadequate for new cellular networks By Genevieve Cua MOBILE phone operators Mobile Link and Mobile One are looking into the prospect of rewiring Singapore's entire subway system to cater for their new cellular networks, one of which will come on stream by
      479 words
    • Article
      MobileOne to pick vendors by year-end
      280 2 MOBILEONE (Asia) Pte Ltd will choose the companies that will build its mobile phone and paging network before the end of the year. It will also be recruiting a 300-strong technical and sales team. Cable Wireless Mobile managing director Greg Clarke recently said: "We
      280 words
    • Article, Illustration
      S'pore companies may tie up with Volkswagen in India
      398 2 SINGAPORE companies might take a minority stake in a vehicle plant project to be set up by Volkswagen of Germany in India, Karnataka Chief Minister H D Deve Gowda revealed yesterday. Mr Gowda, who is leading a high-level official delegation to
      398 words
    • Article
      S'pore, Mongolia sign investment pact
      106 2 SINGAPORE and Mongolia yesterday signed an investment guarantee agreement, on the first day of a three-day visit here by Mongolian Prime Minister Puntsagiin Jasrai. Mr Jasrai, the first Mongolian head of government to make an official visit to Singapore, is accompanied by 20 government officials
      106 words
    • Article
      Singapore-Vietnam tourism meeting
      82 2 MINISTER of State for Trade and Industry and Communications Goh Chee Wee will launch the First Working Committee Meeting under the Singapore-Vietnam Tourism Cooperation plan at the Regent Hotel today. Co-chaired by Tan Chin Nam, chief executive of the Singapore Tourist Promotion Board and Bui Xuan Nhat,
      82 words
    • Article
      Congress on global quality
      81 2 THE Second Global Quality Congress, being organised by the Singapore Institute of Standards and Industrial Research and Novo Conferences, will be held at Suntec City next Tuesday and Wednesday. Internationally renowned quality experts, including Eberhard Mollmann, the president of International Organisation for Standardisation the international body
      81 words
    • Article
      Freight firm to have new warehouse
      53 2 LOGISTICS and freight forwarding company Thyssen Haniel Logistics (Singapore) will move into a new $17 million warehouse early next year. With warehousing space of 7,414 sq m, the new building will enable the company to move larger quantities of cargo more easily and service
      53 words
    • Article
      Lock icon No basis for aggravated damages: defence
      507 2 The IHT defamation suit The Straits Times LAWYER K. Shanmugam argued yesterday that there was no reason to award aggravated damages to Singapore's top three leaders over an International Herald Tribune (IHT) article which alleged they practised nepotism. The newspaper, he said, had admitted
      The Straits Times  -  507 words
    • Article
      S'pore economy to grow 7-8%: US embassy
      281 2 THE United States embassy here is the latest among forecasters to put Singapore's economic growth in the 7-8 per cent range this year. Making the forecast in its annual "Singapore Economic Trends Report" released yesterday, the embassy said the Singapore government had "strongly
      281 words
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      Page 2 Advertisements Column 1
      775 2 INNOVATION A TICHNOLOOY In Business Tlm«s •vtry Thursday (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of ASEAN Fund Limited wishee to make the following announcement: RESULTS FOR THE HALF YEAR EHDED 30 APRIL 1995 (Theee figures have not been audited) lNevMte 1 Nov M to SO
      775 words
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      Page 2 Advertisements Column 2
      185 2 Will it be a case of David fighting Goliath? Pg 5 THE UNIVERSITY OF HULL 1 England 1927 "OVER 100 Gifts, MPs, ClOf ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SIHGAPORE" IMBA I ONLYX PLACES UFTI •28 JULY 95 jJ U'JU'.'l First to offer TQM and a
      185 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      237 3 Jf" i I^ JP TwawMwrar^-: raS PMpsw;:-:' 1 IIMII H -^yi =rJwBimß3lßgfe 1 9 J^^BBBBpBB -^J iTilfiTiM s H- K iz 1# M -^^H SOLE AGENT SERVICE CENTRE: TAG HEUER SINGAPORE PTE LTD 250 North Bridge Road #32-04 Raffles City Tower, Singapore 0617. Tel: 338 6848. Showroom: #01-20, Ngee Ann
      237 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      M'sian budget will switch focus to technology-intensive industries
      413 4 KUALA LUMPUR Malaysia's new budget in October will focus on a shift to technol-ogy-intensive industries to raise productivity and ease the country's chronic labour shortage, Deputy Prime Minister Anwar Ibrahim said yesterday. Mr Anwar, who is also finance minister, said the budget
      413 words
    • Article, Illustration
      Reconfigured Asean will make presence felt in Asia-Pacific
      605 4  -  ASIAN VIEW By' Yang Razali Kassim The writer is BT's regional analysis editor. He is in Brunei to cover the entry of Vietnam into Asean and the Asean talks that follow. THE MATURING of Asean takes place this week in Brunei, marked
      605 words
    • Article
      Lock icon Ramos presses for changes to foreign investment laws
      267 4 AFP MANILA President Fidel Ramos yesterday urged Congress to repeal or amend six "outdated" laws which discriminate against foreign investment, saying these were curtailing economic growth. "We must press on with deregulation and liberalisation and bring down the last of our self-imposed
      AFP  -  267 words
    • Article
      Cambodian minister denies govt probing two M'sian firms
      390 4  -  From Ho Kay Tat CAMBODIAN Minister of Economy and Finance Kheat Chhon said yesterday the government was not investigating the gaming operations of two Malaysian companies in the country for allegedly not paying taxes. In a statement issued to the Malaysian media
      390 words
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      Page 4 Advertisements Column 1
      256 4 l 1-Day Semtaar Organisedby: MB* Saigon Consulting Group (A division of Saigon Business Corporation Pte Ltd) wWfcflim W vbnifaw VIETNAM'S ENTRY INTO ASEAN Realities. Prospeets and Opportunities by Mr. David H.D. Truong; BA (EconsA Pol Sc). m.b.a.; Senior Partner, Dr. Tran Du Lich; BA(Law). PhD(Econs) Vice Director of Institute of
      256 words
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  • ASIA
    • Article
      Lock icon Taiwanese may invest less in China following tension
      434 5 Bloomberg Business News Reuter TAIPEI Taiwanese investment in China may fall as a result of the recent tension between the two sides, says a senior official. .Huang Ching Tang, deputy executive secretary of the Investment Commission, yesterday said: "From the applications for
      Bloomberg Business News; Reuter  -  434 words
    • ASIAN NOTES
      • Article
        Lock icon 854b yen video game industry
        101 5 Bloomberg Business News TOKYO The Japanese market for home video game players and game software in the fiscal year to March 31 was worth 853.8 billion yen (5513.6 billion), an industry group said. The Japan Amusement Machinery Manufacturers Association released the figure yesterday in a
        Bloomberg Business News  -  101 words
      • Article, Illustration
        Lock icon Dogged by rising fees
        69 5 AFP BEIJING A dog owner having his dog measured for registration at a local police station. Starting Aug 1, the annual registration fee for dogs living in Beijing will rise from 3,000 yuan (Ssso3) to 5,000 yuan. Dogs that are over the maximum size limit cannot
        AFP  -  69 words
      • Article
        Lock icon Japanese capital spending seen rising
        73 5 AFP TOKYO Japanese companies' capital spending in the three months to September is expected to increase 2.8 per cent over the previous quarter after a 1.8 per cent rise in the three months to June, the Economic Planning Agency (EPA) said Monday. But the EPA
        AFP  -  73 words
      • Article
        Lock icon S Korean telecom workers to strike
        67 5 AFP SEOUL The union of South Korea's state-run telecommunications monopoly has voted to strike over failed pay negotiations, defying a government threat of punishment, company officials said yesterday. The union's proposal for a strike was approved by 34,825 workers or 70 per cent of
        AFP  -  67 words
    • Article
      Lock icon South Korean petrochem firms booming despite China import curbs
      243 5 Reuter SEOUL South Korean petrochemical companies are heading for an unprecedented boom this year despite a sharp fall in exports to China, their largest market, according to industry officials and analysts. They said some South Korean producers, which had reduced their
      Reuter  -  243 words
    • Article
      Lock icon Investment in Shanghai's economic zone up 77%
      366 5 Pudong raked in US$ 1.9b of foreign capital in first half AFP SHANGHAI Shanghai's eastern Pudong economic development zone attracted foreign capital worth US$l.9 billion (552.6 billion) in the first half of the year, up 77 per cent from the same period last
      AFP  -  366 words
    • Article, Illustration
      Lock icon Typhoon Faye claims 16
      46 5 Reuter PUSAN Typhoon Faye whipping up a giant wave over a house. Sixteen people have been killed and another 25 missing are feared dead as heavy rain and winds from Typhoon Faye lashed South Korea in the last two days. i- Reuter
      Reuter  -  46 words
    • Article
      Lock icon China still to decide on HK residency
      140 5 AFP HONGKONG China has not yet decided what conditions Hongkongers who have left the colony and obtained foreign passports would have to meet to acquire residency if they return here after 1997, a legislator said yesterday. Hongkong legislator Allen Lee, the chairman of
      AFP  -  140 words
    • Article
      Lock icon Confidence in HK economy falls as unemployment rises
      196 5 Reuter HONGKONG Hongkong's confidence in the economy has fallen to a new low because of a recent rise in unemployment, a survey by an English-lan-guage newspaper showed. Fifty-seven per cent of those polled believed the job climate would worsen in the next
      Reuter  -  196 words
    • Article
      Lock icon NZ's Alliance challenges markets
      263 5 Socialist coalition proposes financial transaction tax Reuter WELLINGTON A New Zealand government led by the socialist Alliance coalition would replace the current 12.S per cent consumption tax with a 0.1 per cent tax on all financial transactions and introduce a 10 per cent tariff on all
      Reuter  -  263 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      134 5 N W EVEN MORE REASONS TO Kxppo gives you many more good reasons to dine at its BukjM~hmn^oad, exclusive Restaurant at Keppel Club.. Being the first and only Sino- (onTelok Blangah) Singapore 0410. Tel: 273 3398 Japanese Restaurant in Singapore, it charms with its wide array of Japanese. Hunan, Sichuan,
      134 words
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      Page 5 Advertisements Column 2
      155 5 FIRM YOUR TUMMY &M' rL*. -^H^H "Hp- w FIRM POST-NATAL BULGES FIRM A ROUND FAT BELLY FIRM A PROTRUDING AND DROOPS PAUNCH ÜBGCTANYIWOOf THtSt PROGRAMMES FREE^ MF CDor»Frorx» Enrol in the TUMMY FIRMING SUPER PROMO and together with a sensible diet plan Marie France will help you to slim and
      155 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      1175 6 1 I Im J l*i 11 jmu a i T WHERE to wine, dine and entertain I WORLD'S SELLING BEER JE r— MSM MMSCa OOID NIHIM4 CMD Just spend $500 ar>d above within 6 months at any of our outlets to qualify for our gold card membership. *****4 MSU FRfSCA
      1,175 words
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      Page 6 Advertisements Column 2
      312 6 The Day You Dine At Triple 3. Be Prepared To Have A Very Light Breakfast. Skip breakfast altogether for a sumptuous buffet c at Triple 3, an irresistible spread featuring some > 60 hot and cold dishes, plus tempting desserts. Call _S_ us now to make your reservations at 831
      312 words
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  • LIFESTYLE
    • Article, Illustration
      Garden of good and evil
      734 7  -  Parvathi Nayar Narayan reviews a local production of the Indian epic, The Mahabharata Parvathi Nayar Narayan Midway through the play, The Mahabharata Part I: A Game of Dice, staged by Asia In Theatre Research Centre, the following exchange takes place: Krishna: Arjuna, I tell you
      734 words
    • Article, Illustration
      Lock icon Hurley's Hollywood adventure
      429 7 UPI AP AP AP CAN the new face in Estee Lauder ads also find happiness as an action movie staf? Ac-tress-model Elizabeth Hurley is reportedly willing to give it a try. Hurley's Hollywood agents arcsaid to be in the final negotiations for the 29-year-old actress to star
      UPI; AP  -  429 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      291 7 Kne BRITANNICA is the encyclopaedia of today and the future Easy to use and a pleasure to read. I OW! YCXJ^ANGCT 3ENCYCLOPAEDIA^ I choolwork 1 1 Please send me wnSSf JKB t *wu»wt:s Encyclopaedia Address- e Britannica and payment u 1111 hn A DWrfcvtofS Pto Ltd I also understand that
      291 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      1302 7 TV RADIO IBM [l] f H Nature: Galapagos Paradise lu Pert, 9pm, Ch 12 Charles Darwin brought atten- jj^-'v tion to the Galapagos islands, lrek||KßjMS|M> off the coast of Equador, with kIH#-^® his theories on evolution. ',/Fmampb When authorities found many of its endangered species being ESHj^M^^^^Sjflyp&s plundered, they imposed
      1,302 words
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  • Article
    Who made Leeson general manager?
    555 8 THE 337-page report released last week by the Bank of England on the Barings collapse made amazing reading a whodunnit that will surely find takers in Hollywood. The report, conducted by its Board of Banking Supervision, detailed how a single "rogue trader" brought down a
    555 words
  • Article
    Lock icon No losers under the law
    563 8 The Straits Times AS CHIEF JUSTICE Yong Pung How pointed out at Ufst week's inaugural of the Asia-Pacific Intermediate Courts Conference, "if the law is to be used as an instrument of social change, the development of a country's legal system must necessarily embody the
    The Straits Times  -  563 words
  • Article
    The creative edge
    73 8  -  Berita Harian THE SCARCITY of land has helped make Singapore housing developers more creative. HDB for example, has been coming forward with ideas to make the public housing programme one of the world's best. The latest is its effort to provide a protection store room in its
    73 words
  • Article
    Dealing with young offenders
    115 8  -  Lianhe Zaobao IT IS OBVIOUS that CSOs (community service orders) are aimed at reforming young offenders by shaming them. This method is currently used to deal with litterbugs. In most situations, reforming youths through community service takes a great deal of patience and requires an understanding
    115 words
  • Article
    Lock icon Pledge a mere formality
    190 8 The Bangkok Post THE NEW CABINET was sworn in yesterday. But to many of us and, perhaps, even among some of those who took the oath, the pledge of honesty and adherence to the national interest in the performance of duty is regarded merely as a
    The Bangkok Post  -  190 words
  • Article
    Lock icon A glorified diplomatic sideshow
    166 8 The New Straits Times FIFTY YEARS AGO, the US, wearing the laurels of victory after the greatest global conflict ever, signed up a group of 51 war-weary nations to pledge world peace on the strength of principle alone. The UN set-up that came into being after
    The New Straits Times  -  166 words
  • Article
    From swamp to industrial showcase of Vietnam
    1269 8  -  Harish Mehta reports on Taiwanese-backed Tan Thuan Export Processing Zone Harish Mehta A SWAMP near Saigon that even the battlehardened Vietcong guerillas used to avoid has now become Vietnam's industrial showcase. But just a few months ago, the buzz in Vietnam was that
    1,269 words
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      Page 8 Advertisements Column 1
      280 8 I, Four-Variety Cold Dish Five-Combination Cold Disb CoGDub Deluxe Braised Shark's Fin witb BrauedShark's Fin Soup Braised Superior Shark's Fin Crab Meat Steamed Pom/ret Roast Suckling Pig Deep Fried Duck with Stuffing Deep Fried Duck with Stuffing Steamed Pomfret Steamed Sea Bom Fisb Maw witb Mo*broom Soup Deep Fried Duck
      280 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      65 8 LiSki/ EXCUSE. Me wanted ON THE. oTHe* J IF ITS ABOUT ON -mesiT) ypyone.-. \nuMs i UOUUD >«Moa»nowwn>wwi«. mm mm DOONESBURY GARRY TRUDEAU ANNUAL fUMMBR. MICHAEL! kVKB,NOOFf&tSe\ tP UKEXXJ W HEAP UP**R-\ *V*£6o**6 i DMHtteAM /5 UtVERU/ff. JUST THE tUTtWtOMNNM A3FZNSX7kM NEHJ SOFTWARE fICP-HNfi' 10SIAKT MB Lrnr 1 SmEtSSe a*mty--MMz-K)xATm,
      65 words
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  • Property & Construction
    • Article, Illustration
      PROPERTY WATCH
      218 9 Gotfctwd transactions in tha past wsak SSjSto, District Projtct Typ. I JSli "tt) I T«h« j Tsf I S** mum Jul 17 2057 JhTebng I Terrace 1200/1900 FH 960,000 505 Jul 18 0511 Vista Park Condo 1001 99 525,000 524 Jul 19 2159 Sunset Terrace D-house 270W4025 FH
      218 words
    • Article
      Lock icon HK property sales slow down after brief recovery
      448 9 SCMP THE NUMBER of property sales lodged with Hongkong's Land Registry in June tumbled 33.7 per cent month-on-month to 7,741 transactions, the South China Morning Post reported recently. The official figures provide concrete evidence of a sharp slowdown in sales following the
      SCMP  -  448 words
    • Article, Illustration
      Is CPL too bullish on Woodlands?
      671 9  -  THE PROPERTY COLUMN By Lee Han Shih QUICK, a riddle. Which mediumsize company is spending $1 billion or more on property in Woodlands? The answer is, of course, Centrepoint Properties Ltd (CPL), the property arm of beverage giant Fraser Neave (FAN). Once a cautious
      671 words
    • Article
      Lock icon Tokyo office rents fall, occupancy rates rise
      285 9 Bloomberg Business News Average monthly rents for new offices in Tokyo slipped 2.7 per cent in the April to June quarter, while office occupancy rates continued to rise, said Ikoma Data Service System, a private research firm. Office rents resumed their dive after
      Bloomberg Business News  -  285 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      244 9 Investment For Sale by Tender Residential Site at Nos, 17 to 27 Butterworth Lane Freehold Located off Tanjong Katong Road Near Paya Lebar MRT Station Site area approx 2,143.7 sqm Suitable for high-rise apartment development at maximum plot ratio of 2.8 Tender doses: Fri, 18 Aug 1995 For further details
      244 words
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      Page 9 Advertisements Column 2
      49 9 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 9 Advertisements Column 3
      81 9 i BRAND NEW PRIME WAREHOUSE BUILDING No. 50 Kallang Pudding Road A rare opportunity to acquire a Tenure Freehold brand new industrial building Land Area 38,040sqft (approx) I en-bloc' in the prime industrial Net Floor Area 77,942 sq ft (approx) estate of District 13. Z 1 T\ 7ZZ Tender Closing
      81 words
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  • Article
    Lock icon Sell assets or there won't be bail-out, Credit Lyonnais told
    461 10 Bloomberg Business News Reuter BRUSSELS The European Commission will force French state-owned bank Credit Lyonnais to sell assets, including shedding foreign activities, as a condition for allowing a government bailout of the debtladen company, commission officials said yesterday. The ruling,
    Bloomberg Business News; Reuter  -  461 words
  • Article
    Lock icon German rate cut may be on the cards
    384 10 Slowing inflation in July revives economists' hopes Bloomberg Business News FRANKFURT A drop in consumer prices in big German states pointed to slowing inflation nationwide and revived hopes of an interest rate cut by the Bundesbank. Consumer prices fell 0.1 per cent
    Bloomberg Business News  -  384 words
  • Article
    No recession in the global economy, says UK economist
    335 10  -  By Paul Leo SINGAPORE The world economy is in better shape than most people think, said National Westminster Bank Group chief economist David Kern. In fact, it was in pretty good shape, he reckoned. Mr Kern, who is visiting Singapore, said
    335 words
  • Article, Illustration
    Does Washington really have a consistent Asia policy?
    804 10  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent UNITED STATES Secretary of State Warren Christopher will be arriving shortly in Asia to participate in the Asean meeting in Brunei, where he is expected to reiterate US defence
    804 words
  • Article
    Lock icon US not prepared to resume financial trade talks: Rubin
    294 10 Bloomberg Business News WASHINGTON The United States is sticking by its position that it is not prepared to resume talks on a global financial services pact at this time. Treasury Secretary Robert Rubin, in a statement yesterday after talks with EU
    Bloomberg Business News  -  294 words
  • Article
    Lock icon US commercial ties with China important: Brown
    246 10 Reuter WASHINGTON Commerce Secretary Ron Brown says that United States commercial engagement with China could help the US overcome some of the tensions that arise from time to time with China. He made the comment yesterday, when asked about strained US-China ties at
    Reuter  -  246 words
  • Article
    Lock icon Gannett wins bidding contest for Multimedia
    53 10 Bloomberg Business News GREENVILLE, South Carolina Gannett Co, the largest newspaper publisher in the US, has won the bidding contest for Multimedia Inc, offering US$l.7l billion in stock for the diversified media company. Gannett and Multimedia reached a merger agreement on Sunday, the companies
    Bloomberg Business News  -  53 words
  • Article
    Lock icon Shell In Guangdong
    72 10 AFP BEIJING The Dutch-based Shell oil company is to help set up an oil refining and petrochemical complex in China's Guangdong Province at an investment of US$6 billion (SSB.3 billion). Xinhua news agency yesterday quoted a Shell spokesman as saying the complex, to be set up with
    AFP  -  72 words
  • Article
    Lock icon Gulf common market
    77 10 AFP MUSCAT Gulf Arab states are expected to create a common market before the end of this decade after edging closer to a customs union. The six member states of the Gulf Cooperation Council (GCQ, which seek to merge their oil-reli-ant economies under a 1982 pact, have
    AFP  -  77 words
  • Article
    Lock icon Yeltsin's out of hospital
    47 10 AP MOSCOW Russian President Boris Yeltsin was released from a hospital yes- terday, nearly two weeks after entering with heart pain. Mr Yeltsin, 64, now plans to recuperate for some time in a Moscow-area sanitarium called Barvikha, presidential spokesman Sergei Medvedew said. AP
    AP  -  47 words
  • Article
    Lock icon Bombay exchange down
    79 10 AFP BOMBAY A major failure of the Bombay Stock Exchange's computer system disrupted trading on India's largest bourse when it opened for the week yesterday. "There was a major systems crash which could not be set right and which forced us to abandon efforts to have trading
    AFP  -  79 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      195 10 ss# FORGED BY UNDERSTANDING > i4 f UE TECH PARK I jtfjßTl tm&W® nl^w I T fel Kfc til mm I Hj J I»T* ui-. L J tl 111 TtlK WAr¥hOUsiNG SOLUTIONS FOR TOMORROW SL NHMNIKIKMir fOMUfTMCDSMfJY The Parkas proximity to the 12 passenger lifts PSA seaport means cheaper and
      195 words
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      Page 10 Advertisements Column 2
      22 10 Distributor tor Nrtsuko Keyphone Systems A EPABX: SifiKfApOßE SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD To! 2TB 7080 ■Every Call Is A Commitments
      22 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Mayfran shares close 70% up on first day of trading
      385 11  -  By Jenny Lam SINGAPORE Mayfran International shares made a sterling debut yesterday, closing at 68 cents for a 28-cent, or 70 per cent, gain the best this year by a new stock. The Sesdaq-listed bed-linen-maker was the second most active
      Compiled by BT  -  385 words
    • Article, Illustration
      SSL, SIA in Sulawesi hotel project
      169 11  -  By Abdul Hadhi SINGAPORE Straits Steamship Land has inked a joint-venture agreement with Singapore Airlines and Indonesia's Salim group to build a JLTSS4O million (Sss6 million) hotel at Manado in north Sulawesi. The agreement was signed yesterday in Jakarta by SSL deputy chairman Lim
      169 words
    • Article
      CDL Hotels' NZ unit posts 36% earnings rise
      334 11 SINGAPORE CDL Hotels New Zealand Ltd yesterday reported a 36.2 per cent rise in interim group net earnings to NZ$9.3 million (SSB.B million). For the half year ended June 30, turnover rose 57 per cent to NZ$7B.5 million partly due to additional
      334 words
    • Article
      FCW a sure thing for third controlling shareholder Ivory Quest
      793 11  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR Control of power cable maker FCW Holdings Bhd may have changed hands again, and it would be the third time in three years. In 1992, when it was called Federal Cables,
      793 words
    • Article
      NatSteel forms steel-making venture in Jiangsu
      288 11  -  By Quak Hiang Whai SINGAPORE Nat Steel has gone into a steel-making joint venture in the Chinese province of Jiangsu. The Singapore-listed group said yesterday it had set up a joint venture called Wujin Nat Steel Co to buy some of the steel-making and
      288 words
    • Article
      Sembawang Engineering forms Beijing-based joint venture
      136 11 SINGAPORE Sembawang Engineering has formed a joint venture company to provide consultancy, research and feasibility study services. Its partner is China International Engineering Consulting Company, which is owned by China's State Planning Commission. The 50-50 joint venture, called CIECC-Sembawang Engineering Consultancy Company, will be
      136 words
    • Article, Illustration
      MARKET MOOD
      51 11 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled a! 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Barings. Credit Lyonnais Securities. Daiwa, Fraser, GK Goh, Kay Hian. Morgan GrenfHl, Ong Co. Nomura, Phillip, Smith New Court, Wl Can and S G
      51 words
    • Article, Illustration
      HOT STOCK
      83 11  -  By Shiv Taneja AFTER a sharp run-up in prices over the past few days, there appears to be limited upside left for HBM Print, with RSI and Stoehasties heavily overbought. Investors would do well to sell at this stage, and get back into the stock at about 35
      83 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Rafiq Jumabhoy gets Scotts option
          74 12 SINGAPORE Property group Scotts Holdings said yester- day substantial shareholder Scotts Investments had granted > Scotts Holdings director Rafiq Jumabhoy an option to pur- chase its entire interest in Scotts Holdings. Under the agree-. j ment, Mr Jumabhoy will have the right to buy 100.7
          74 words
        • Article
          Horiguchi reveals share sale
          37 12 SINGAPORE Horiguchi Engineering Co said yesterday it sold 80,000 GK Goh Holdings shares in the open market in j June for $143,690. The net profit from the sale is estimated i at $74,357.
          37 words
        • Article
          Asean Fund earnings down 53%
          71 12 SINGAPORE The Asean Fund yesterday reported a 53.4 per cent drop in net earnings to US$ll.7 million (5516.3 i million) for the half-year to April 30. The pOor performance was due to the sharp fall in regional stock markets. The outlook for the current half-year
          71 words
        • Article
          Jaya unit buys stake in Indon firm
          84 12 SINGAPORE Jaya Holdings said yesterday its wholly owned subsidiary Jaya Offehore has subscribed for 950,000 shares of US$l each at par in Indonesian company PT Jaya Asiatic Shipyard. The 551.33 million investment represents 95 per cent of the equity of PT Jaya Asiatic.
          84 words
        • Article
          Lock icon Arensi seeks move to main board
          52 12 Bernama KUALA LUMPUR Arensi Holdings (M) is seeking a transfer to the main board of the Kuala Lumpur Stock Exchange. It has also proposed a one-for-two rights issue of 9,544,554 new ordinary Msl shares at M 53.20 apiece. The counter closed at M 56.05
          Bernama  -  52 words
        • Article
          Lock icon Indon photo firm plans issue
          49 12 Reuter JAKARTA PT Perdana Bangun Pusaka, a photographic products assembler and distributor for Konka of Japan, 4 plans to issue 23 million shares or 30.26 per cent or its enlarged share capital Perdana Bangun Pusaka will raise 21.83 billion rupiah (SI 13.6 million). Reuter
          Reuter  -  49 words
        • Article
          Lock icon Meralco's first-half sales up 7.9%
          47 12 AFP MANILA Philippine power retailer Manila Electric Co lilted sales 7.9 per cent to 7.68 billion kilowatt-hours in the six months to June. It distributed 8.92 billion kwh of power, or 5.2 per cent more than in the previous first half. AFP
          AFP  -  47 words
        • Article
          Lock icon Lucky Goldstar wins phone contract
          70 12 Bloomberg Business News MANILA Philippine Telegraph and Telephone will award a USSS6 million supply contract to Korea's Lucky Goldstar group tomorrow, according to a Business World report. Lucky Goldstar will supply switches ami transmission facilities for 123,000 lines. The award is part of the US$lOO
          Bloomberg Business News  -  70 words
      • Article
        Lock icon Proton's pre-tax profit revs up to M$308m
        209 12 Bernama KUALA LUMPUR Perusahaan Otomobil Nasional Bhd yesterday reported a 9.2 per cent rise in group pre-tax profit to M 5307.92 million (SS 175,51 million) for the year ended March 31, 1995. Proton said group turnover rose by 20.1 per cent to M
        Bernama  -  209 words
      • Article
        Yayasan Sabah willing to take lower majority stake in NBT
        552 12  -  By William Chia SINGAPORE Sabah state foundation Yayasan Sabah is prepared to accept a reduced majority stake in listed timber company North Borneo Timber to facilitate the approval of its takeover bid. Chiang Wei Chia, business development manager of Yayasan
        552 words
      • Article, Illustration
        Lock icon HL Bank moves to enhance presence
        74 12 SINGAPORE HL Bank, the Singapore branch of Malaysia's MUI Bank, yesterday moved into these new premises in Tang Centre in Collyer Quay. Known for its innovative banking deals, such as issuing bonds linked to a property's value, the move to Tang Centre will enhance
        Photo by Arthur Lee  -  74 words
      • Article
        Lock icon HK Telecom shares get a pounding over price war fears
        432 12 Reuter HONGKONG Hongkong investors, fearing a price war is about to break out over international phone charges, dumped shares of Hongkong Telecommunications yesterday, brokers and analysts said. Last Friday, Hongkong Telecom announced it would cut rates to the United States
        Reuter  -  432 words
      • Article
        Lock icon Uniphone plans M$150m phone drive
        232 12 MBT KUALA LUMPUR Uniphone Telecommunications Bhd will be spending MS 150 million (5585.5 million) this year to install 1,000 units of public phones per month nationwide. Managing director Abdul Wahab Ismail said yesterday that this planned increase in the area of coverage was part of
        MBT  -  232 words
      • Article
        Lock icon Siemens nine-month profit rises 13%
        225 12 Reuter VIENNA German electronics and engineering giant Siemens AG said its net profit rose 13 per cent to 4.405 billion Deutschemarks (554.5 billion) in the first nine months of its current business year. At a news conference yesterday, Siemens chairman Heinrich von Pierer repeated his
        Reuter  -  225 words
      • Article
        Merrill Lynch, Smith New Court a good fit: sources
        326 12  -  By Shiv Taneja SINGAPORE The acquisition of UK broker Smith New Court pic by US financial powerhouse Merrill Lynch Co should prove to be a "a very good fit" globally, but especially so in Asia, say sources close to the deal.
        326 words
      • Article
        Lock icon Malayan Flour launches Vietnam's first flour mill
        231 12 Bernama HANOI Northern Vietnam's first world-class and only flour mill, which was launched yesterday, lays the groundwork for Malayan Flour Mills Berhad (MFMB) and its local partner, Vinafood 1, to grow into a sizeable food conglomerate in Vietnam. The US$l S million (5520.8
        Bernama  -  231 words
      • Article
        Untitled
        479 12 ItaMfOT'prtcw (I) Jul 25 Sh Greater China Fd 0.95 O Wffi Mcndnki Or Fund 1.03 1.066 SMtgapOTC UMI Trwt US Gr Fund 1.07 I II* The Commerce 1.59 1.61 1MB m u-t m The Snvinp Fund 1.54 1.63 WHK MP S-pore Pro» Fund 0.63 0.67 Umfund 1.45 1-52 S"pore Sec
        479 words
    • FOCUS
      • Article, Illustration
        Lock icon Will it be a case of David fighting Goliath?
        1254 13  -  Battle for the Singapore handphone market By Genevieve Cua THE AIR is heavy with anticipation in the offices of new cellular entrant Mobile One. Soft-spoken Jim Pitchford, general manager (commercial) of Mobile One's 30-strong team, grows animated at the prospect of
        Photo by Chris Loh  -  1,254 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon M'sia Monetary Exchange to submit draft on derivatives
        496 14 Bernama KUALA LUMPUR Malaysia Monetary Exchange (MME) Bhd, formerly known as the Kuala Lumpur Futures Market (KLFM), will submit a draft on derivative guidelines for financial institutions to Bank Negara in the middle of next month, its executive director Syed Abdul Jabbar
        Bernama  -  496 words
      • Article
        Lock icon New Pacific Mutual fund to offer investors free insurance
        262 14 Bernama PETALING JAYA Pacific Mutual Fund Bhd (PMF) expects sales of its funds will be boosted with its tie-up with Great Eastern Life Assurance Ltd, its chairman Lin See Yan said yesterday. PMF, a 75 per cent subsidiary of Pacific Bank
        Bernama  -  262 words
      • SMALL CHANGE
        • Article
          Lock icon Lloyd's agents against auction plan
          103 14 Bloomberg Business News LONDON Lloyd's of London has angered its agents in the insurance market by pressing ahead with plans to auction rights to join Lloyd's syndicates, the Financial Times reported yesterday. The auction would curb the traditional reliance on the personal contacts of agents
          Bloomberg Business News  -  103 words
        • Article
          Lock icon Banc One keen on Bank of Boston
          92 14 Reuter NEW YORK Banc One Corp has made an offer for Bank of Boston Corp after Bank of Boston's merger with Core States Financial Corp fell through, the Wall Street Journal reported yesterday. The Journal quoted sources as saying that Banc One has
          Reuter  -  92 words
        • Article
          Lock icon Philippine bank plans more branches
          91 14 Reuter MANILA Security Bank Corp (SBC) of the Philippines said yesterday it planned to open 10 more branches in the second half of 1995. Vice-president Melissa Aquino said in a statement that the bank opened four new branches in the second quarter of this year,
          Reuter  -  91 words
        • Article
          Lock icon UK life insurer sees fall in new business
          97 14 Bloomberg Business News LONDON London Manchester Group pic, a UK life insurance company, said first-half new annual premiums fell 27.8 per cent. New annual premiums for the six months to June 30 fell to £12.5 million (5527.9 million) from £17.3 million a
          Bloomberg Business News  -  97 words
      • Article
        Lock icon L&G Australia, Ongko to set up Indon insurance company
        284 14 Reuter SYDNEY Legal and General Australia Ltd (L&G) and Indonesia's Ongko Group have agreed to cooperate to set up a new life insurance company in Indonesia, L&G said yesterday. L&G, a unit of Legal and General Group pic, said the venture
        Reuter  -  284 words
      • Article
        Lock icon BOT curbs won't affect bank profits: report
        217 14 Reuter BANGKOK New measures by Thailand's central bank to curb money market liquidity will have little impact on Thai banks' profitability and Thai stock prices, the TTiai Farmers Research Centre said yesterday. The research arm of Thai Farmers Bank said in a report
        Reuter  -  217 words
      • Article
        Lock icon Group suggests changes in municipal bankruptcy
        185 14 Reuter NEW YORK Seven months after Orange County in California became the largest US municipality to file for Chapter Nine bankruptcy protection, a group of market participants has formed to propose changes to the code. Members of the group will suggest amendments that "will
        Reuter  -  185 words
      • Article
        Lock icon S'pore oil refiners hold output levels despite squeeze on margins
        387 14 Reuter SINGAPORE Singapore oil refiners fear margins will be depressed by poor product demand in the next two months but have no immediate plans to cut operating capacity yet, oil industry sources say. Refinery executives polled by Reuters said they
        Reuter  -  387 words
      • Article
        Lock icon Allianz to forecast better underwriting results
        336 14 Reuter FRANKFURT Europe's largest insurer, Allianz AG Holding, will forecast a continued improvement in underwriting results for 1995 this week but stop short of promising a return to an underwriting profit, analysts said yesterday. Allianz, obliged to publish its key 1994 figures in May
        Reuter  -  336 words
      • Article
        Lock icon Oil prices remain weak
        319 14 ENfRQY REPORT Reuter LONDON World oil prices stayed weak yesterday in a market still tilting towards the downside despite a US$4 slide over the past two months. London September futures for benchmark North Sea Brent blend by 1530 GMT stood three cents lower at U5515.55 a
        Reuter  -  319 words
      • Article
        Lock icon Currency Reports: London
        207 14 Reuter LONDON The US dollar clawed its way higher on the easier mark in late European trading but volume was minimal and lack of interest was tending to drag it lower. The mark edged down after weak German inflation data underpinned the belief that the Bundesbank will
        Reuter  -  207 words
      • Article
        Lock icon New York
        103 14 AFP NEW YORK The US dollar rose and fell inside a narrow margin here yesterday. At 10 am (1400 GMT), the US dollar was trading at 1.3865 German marks, up from 1.3850 on Friday and at 87.55 yen from 88.50 yen. The US dollar was falling slightly against
        AFP  -  103 words
      • Article, Illustration
        Untitled
        1078 14 Trade-nrighted index calculated against Spore's lap 14 trading partners. Base year IW US$/S$ forward rates Noon Jul 24 Bid offer 1-month 1.3961 1.3971 2-month 1.3942 1 3952 3-month 1.3922 1.3932 6-month 1.3846 I.3S6I Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9an m M 24 Singapore dollars to
        1,078 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen end flat
        1381 15 Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended little changed. Dealers said market sentiment for Eurodollars was mixed, with investors divided over whether the Federal Reserve would continue to lower interest rates. The market opened weaker on continued selling from Friday after Fed vice-chairman Alan Blinder
        Reuter  -  1,381 words
      • Article
        Rubber trading at virtual standstill
        654 15 COMMODITY REPORTS Rubber Singapore: Rubber futures trading was virtually at' a standstill throughout the day, with sellers and buyers at a stand-ofT after recent price falls, dealers said. Prices were little changed. Brokers said Sep RSS3 was valued at 124-127 US cents a kg against
        654 words
      • Article
        India nationalises 15 textile mills
        68 15 BOMBAY India has nationalised IS textile mills, including 13 in Bombay, in a move seen as the government's attempt to hasten the sale of prime urban land on which these mills stand. The Economic Times said yesterday. The managements of the mills already were under
        68 words
      • Article
        Nord Pacific copper output up
        43 15 SYDNEY Australia's Nord Pacific Ltd said yesterday it produced a record 1,489 tonnes of high grade copper cathode during April-June. This was above forecast levels and was up 19 per cent from the Jan-March production of 1,250 tonnes.
        43 words
      • Article
        Palm oil shortage in Indonesia
        67 15 SINGAPORE Some 60 per cent of Indonesia's edible oil factories have stopped production due to a shortage of Crude palm oil, the Bisnis Indonesia said yesterday: An* Indonesian Association of Edi- ble Oil Producers spokesman said the shortage was due to the end of a
        67 words
      • Article
        Asia soybean dampener
        67 15 SYDNEY A strong Chicago Board of Trade futures market is expected to stifle Asian soybean buying activity this week. Japanese buyers are awaiting further falls in US FOB premiums to advance coverage, and are also watching Chinese corn crop conditions for any import demand. Two Taiwanese buying
        67 words
      • Article
        New tariffs on Pakistan's cotton yarn
        59 15 TOKYO The Japanese government's punitive duties to come in force from Aug 1 on cotton yarn imports from Pakistan have supported Pakistan's offer prices to Japan, traders said. The benchmark 20-count cotton yarn for August shipment was on offer yesterday at around US$55O per
        59 words
      • Article
        COMMODITY PRICES
        1384 15 SICOM Futures (firtam daslag as at 5.Mpa) RSS 1 Caatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 9) 179.00 179.00 179.00 100 400 Sep 177.00 2J75 Oct 174.50 2025 Nov 174.50 2100 Dec 174.50 2100 Jan/Mar 96 17X50 7350 Apr/Jun 173.50 4010 MStp
        1,384 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1017 16 -2.8 SHARES closed 0.1 per cent lower yesterday as investors sold stock to lock in profits on a bourse where the spotlight shone on takeover-target BTR Nylex, a diversified industrial company. An analyst said a large proportion of turnover was due to dealing in BTR Nylex, whose shares drove
        1,017 words
      • Article
        Manila
        572 16 -2.73 Shares ended slightly lower with investors' interest dampened by the lack of a clear direction from the Dow Jones, brokers said. Trading was generally quiet, except for selective buying in second liners such as Jollibee Foods Corp. The Composite Index shed 2.73 points to close at 2,878.98. Losers
        572 words
      • Article
        Taipei
        602 16 17.49 Taiwan stocks reversed early weakness to end higher but brokers said fears over China's continuing missile tests remained and the market was likely to continue consolidating. The Weighted Price Index inched up 17.49 points or 0.34 per cent to 5,134.40, compared with an intra-session low of 5,066.29. Turnover
        602 words
      • Article
        Seoul
        388 16 +2.11 South Korean stock prices bounced back slightly to close 0.2 per cent higher yesterday, thanks to strong advances of some theme-backed individual shares, brokers said. "A correctional mood was still seen across the board and is expected to last for some time," said one. The Composite Price Index
        388 words
      • Article
        New Zealand
        251 16 +0.77 Share prices ended fractionally higher, despite earlier gains being erased by a downturn on the Australian bourse. The NZSE-40 Capital Index ended just 0.77 points higher at 2,121.71 on turnover worth just NZ$22 million. Market leaders Fletcher Challenge and Telecom were a good reflection of the market,
        251 words
      • Article
        Bombay
        137 16 A major failure of the Bombay Stock Exchange's computer system disrupted trading on India's largest bourse when it opened for the week yesterday. "There was a major systems crash which could not be set right and which forced us to abandon efforts to have trading today," a spokesman for
        137 words
    • WORLD STOCK MARKETS
      • Article
        London
        762 16 18.5 SHARE prices closed higher, encouraged by a 19point rise on the Dow as confidence in the US market appeared to be returning after the recent sharp drop. News of a £1 billion plus hostile offer by Scottish Power for Manweb set light to the electricity sector, fuelling speculation
        762 words
      • Article
        Paris
        175 16 +19.69 French shares finished sharply higher as the bourse tracked gains in bond prices fuelled by hopes of further cuts in French interest rates, dealers said. "We think Jean-Claude Trichet, the Bank of France governor, wants to see the five to 10-day (ceiling) rate at 6.40 per cent from
        175 words
      • Article
        Frankfurt
        191 16 +30.41 Weaker than expected state inflation data unleashed an equally unanticipated German share market rally but dealers warned the gains could fall victim to profittaking soon. The Dax Ibis Index, supported by a firm September Dax futures contract, rose 30.41 points to hit a 14month high at 2,232.27. Dealers
        191 words
      • Article
        Brussels
        194 16 +6.05 Belgian shares ended a quiet, tightly-traded session with modest gains, inspired in late afternoon trading by a firmer start on Wall Street. The Bel-20 Index of leading shares closed 6.05 points or 0.41 per cent higher at 1,464.45, near the top of the day's seven-point range. Volume was
        194 words
      • Article
        Milan
        155 16 +91 Italian shares pushed higher in late trade, encouraged by gains on Wall Street. Investor interest in Fiat led the way with domestics the main buyers. The Mibtel Index closed 91 points or 0.9 per cent higher at 10,198 and the Mib-30 Index ended up 1.07 at 15,212, both
        155 words
      • Article
        Amsterdam
        271 16 +5.77 Dutch shares swept higher over a broad front to a new record closing high of 460.19, buoyed by a firmer Wall Street and hefty gains by blue chips Royal Dutch Petroleum, Philips and KLM. But dealers said volume stayed thin as market awaited key earnings data later this
        271 words
      • Article
        Stockholm
        114 16 +5.48 The Stockholm bourse rose slightly when bond yields edged lower and telecom group Ericsson rebounded from sharp falls triggered by bad news from the US technology market. The benchmark OMX Index of 30 leading stocks climbed 5.48 points or 0.41 per cent to close at 1,338.06. Turnover was
        114 words
      • Article
        Zurich
        256 16 +6.4 Swiss shares closed higher after a day of slack trading and low volumes. Uncertainty about further Wall Street development curbed activity, dealers said. Investors are likely to put off investments until last week's correction in New York would prove sufficient, they added. The blue-chip Swiss Market Index advanced
        256 words
      • Article
        Johannesburg
        329 16 +10.8 South African equities ended an uneventful day mixed, with gold shares climbing steadily throughout the day and industrials slipping undecidedly in thin trade, dealers said. But a firmer sentiment had returned to the market by the close, suggesting more substantial levels of activity could be seen during the
        329 words
      • Article
        Toronto
        254 16 +2.4 Stocks rose slightly in quiet early trading as traders waited for companies to announce their second quarter and other earnings yesterday. The TSE-300 Index inched up 2.4 points to 4,602.4 on volume of 6.3 million shares with a value of C 577.3 million. Of Toronto's 14 sectors, eight
        254 words
      • Article
        New York
        658 16 +35 Wall Street stocks built on their gains by midday yesterday, with firmer bonds boosting prices and investors, reassured by the stability seen late last week, seeking out bargains. "We were virtually terrorised last Tuesday but we seemed to have survived that assault and with every passing day
        658 words
      • Article
        Untitled
        516 16 Vienna J* 24 Asrh ATX I 1034.96 ♦4.14 Ban* Amis AC 465 >4 (redrtwwla* S6J J EVN 1365 2 Hughafca JJJ J Leiuii«» KM -J UjrlLMB 410 6 M* uUn HU vz J77 5 OMV AG 10*8 7 R«dn-HcnklMk J65 +1 VA rcchnotafje 1215 -I* VcrtwndAC.K 715 Wiencrtwrj MOO Source:
        516 words
    • Article, Illustration
      Lock icon HONGKONG
      2639 17 Reuter HONGKONG Stocks Finished sharply lower as heavy overseas selling of Hongkong Telecom spilled over into other blue chips, brokers said. The Hang Seng Index ended down 122.19 points at 9,288.04 after touching a low of 9,248.43. Turnover was HK52.65 billion against an adjusted HKS2.B6 billion on Friday. Hongkong
      Reuter; Source: Bridge Info  -  2,639 words
    • Article, Illustration
      Lock icon CHINA
      605 17 CLSA HONGKONG H shares fell 0.5 per cent on shrinking trading volume of US$4.B3 million. The CLSA Hongkong H Index closed at 1,138.19, down S.SI points. Shanghai Petrochemical, Yizheng Chemical and Maanshan Steel were the most actively traded stocks. After a few days' consolidation last week, A shares in
      CLSA  -  605 words
    • Article, Illustration
      Lock icon TOKYO
      2511 17 AFP Bloomberg Business News TOKYO Japanese share prices recouped some early losses with the key index closing a fractional 0.01 per cent higher yesterday as financial institutions and foreign investors led bargain hunting in late trading. The Nikkei Stock Average of 225 leading issues rose 2.41 points to finish
      AFP; Bloomberg Business News; Source: Bridge Info  -  2,511 words
    • Article, Illustration
      Lock icon BANGKOK
      1587 17 AFP BANGKOK Thai share prices edged up 0.5 per cent yesterday, recovering from a sharp decline at midday after investors were reassured of the market's independence from political interference, brokers said. "Investors feel relieved that (Deputy Finance Minister) Newin Chidchob will have nothing to do with the Stock Exchange
      AFP; Source: Bridge Info  -  1,587 words
    • Article, Illustration
      Lock icon JAKARTA
      1159 17 Reuter JAKARTA Share prices ended mixed in moderate trading despite selective buying in some conglomerate-related shares, brokers said. The Jakarta Composite Index fell 1.39 points, or down 0.27 per cent, to close at 509.54. "Some light selective buying was noted in conglomerate shares, but they failed to boost market
      Reuter; Source: Bridge Info  -  1,159 words
    • Article
      CLOB INTERNATIONAL
      2296 18 Gr Cr IW Lai Vol On LoM OMt I*» Dt» YM Net M C# Hfch Lm Conpaay Stk OMt) High Low Bayer Sdkr O P/E Wil MALAYSIAN STOCKS 478 1% m A1SB 50c 386 inch 410 402 382 386 390 3 0 -2 9 0 2 m« 127
      2,296 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end weaker on profit-taking
        6752 18 Reuter AFP KUALA LUMPUR Share prices ended broadly weaker with second and third line counters, recent market favourites, bearing the brunt of the day's sales. Declines in key index stocks Telekom and Genting also dragged down the benchmark K.LSE Composite Index, dealers said. The index
        Reuter; AFP; Source: Bridge Info  -  6,752 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8413 19 Gr Gr M Wt IW IM Vol Day LotQMt Hi Dh VU Nri Cap A«g H%k Lw Sab COM) Higk Lw Bayer Seller CNr P/E toil Price INDUSTRIAL AND COMMERCIAL 498 3S2 mt s Acraa 50c 460 -6 280 470 458 460 462 22.5 5.S 2.5 9.6 6)4.1 46* 450
        8,413 words
      • Article, Illustration
        Lock icon Penny stocks succumb to profit-taking
        1831 20  -  By Paul Leo SINGAPORE The local stock market ended lower yesterday, with second-liners coming under profit-taking pressure. "Penny stocks were all white," said a retired investor, referring to the Intv television screens that indicate declining stocks in white. The Straits Times Industrials Index fell 10.32
        Charts by Bridge Info; Source: Bloomberg  -  1,831 words
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      458 11 NEWS VALUE Ceawti arges shareholders to accept its offer for YHS (pg 1) If Mr Ng does not move soon, market price may edge towards offer price. US doiar poised fir rshsead agahest yea, aearic JP Moqpw (pg I) US-Japan trade problems have significant impact on yen-dollar rate. Mayfran shares
      458 words
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      Page 12 Advertisements Column 2
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      93 13 >ni 9 no 111 »'l«l jiMMp We didn't just ct "SE 'h-: 'r* mt "H2 i!gg K K' 3 wB ;fe J"T m 1* capture him on A ®T: aju >1/ p rfias ill H m S £2 ill v!?..; H faS mk Mai BR.. W! §pp i |-V jja
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      24 14 For further information on which newsstands carry H«r World. Go. Singapore Business, Home Decor, Young Parents, please can our Customer Services Section on 1800-740-2577.
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      67 15 Maine Lobster from U.S.A. MH^UV -.^fl^HliH^r Lobster Lunch Baked Lobster with Garlic (Half share per person) Bamboo Mushroom with Assorted Seafood Soup &/&***¥s Braised Roasted Duck with Bitter Melon Sauteed Broccoli with Dried Mushroom Fried Rice with Shredded Chicken and Lettuce Daily Dessert $28.00++ Per Person Business Hour 10:00-3:00 6:00-11
      67 words
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      Page 15 Advertisements Column 2
      20 15 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      293 20 THE COMPANIES ACT, CAP. 5# KAILY INTERNATIONAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Kaiiy International Pie Ltd duly convened and held at 513 A Upper Cross Street *03-126 Singapore 0105 on Thursday the 20th day of July, 1993 the following special resolutions set out
      293 words
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      Page 20 Advertisements Column 2
      160 20 LEE GSX rOH REALTY PTE LTD (fa Mmmbtn' Vn/MUMi; I\pidatkm) NOTICE a HEREBY GIVEN that parsaaat to Section 308 of tha Coaapaaks Act, Cap, 50, the final meeting of the Company will be held at 190 Middle Road, #16-03 Foitane Ccatre, Slagapore 0718 oa 25th Aagaat 1995, at 2JO pjn.
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      Page 20 Advertisements Column 3
      351 20 TOL^^RE^TEL^N^TSO^S3|^IBB^^FAX^T»I^|SB NOTICE NOTICE IS HEREBY GIVEN that, I LAW CHUE LEONG of Blk. 867, Yishun Street 81 #11-39, Singapore 2776, have applied for a Public House Second Class Licence in respect of M/s SHIN TOMI located at No 1 Jalan Rumbia #01-02 Imperial Hotel Singapore 0923, and that this application
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      Page 20 Advertisements Column 4
      359 20 NOTICE NOTICE IS HEREBY GIVEN that, I Ling Shu Thye of Blk 8, Upper Boon Keng Road, #01-1076 Singapore 1438, have applied for a Retail Beer Shop Licence in respect of M/s SIN HUP SENG DEPARTMENT STORE located at Blk 8, Upper Boon Keng Road, #01-1076 Singapore 1438, and that
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      603 20 037 037 tjn O!«7» *Hh»llnllgl»n1i»-. M« M« «S M« PtMahad by Jardm Rerrang International Securities L*r*led (Incorporated in Bntah togin Island) NOTICE NOTICE IS HEREBY GIVEN that, I LIM SIAH MONG of No: 24, East Sussex Lane Singapore 1027, have applied (or a Wholesale Liquor Shop Licence in respect of
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      526 21 Knight-Ridder Reuter LONDON Dry cargo freight rates are gradually improving, in particular for the larger sizes of tonnage, the constituents of the Baltic Freight Index. The index added 12 points to 1,983, representing a rise not seen since July 7 when it stood at 1,937. Futures also extended
      Knight-Ridder; Reuter  -  526 words
    • Article
      Lock icon US west coast ports seen benefiting from Asian boom
      324 21 Reuter LONDON Booming trade prospects with Asia will shift much of the US grain and coal shipments from the east and Gulf coasts to the west, a bulk trading firm predicted. "A big change will come sooner rather than later when
      Reuter  -  324 words
    • Article
      Lock icon Aussie union action hits 12 French ships
      269 21 Bloomberg Business News CANBERRA Twelve French ships have been hit in the last month by Australian maritime workers protesting against the French government's decision to resume nuclear testing in the South Pacific. Industrial action has delayed the berthing, loading and unloading of ships
      Bloomberg Business News  -  269 words
    • Article
      Lock icon Freighter sinks in East China Sea, 3 dead
      135 21 Reuter TOKYO Three Chinese sailors died and two were missing after a freighter sank in the East China Sea on Sunday. The 4,060-tonne Far East Beauty, registered in the Caribbean islands of St Vincent and the Grenadines, sank after sending out a
      Reuter  -  135 words
    • Article
      MARITIME STOCKS
      315 21 SES '000 Jal 24 S$ Vol CWT Distribution 1.69 +0.01 14 Chuan Hup Holdings 1.24 -0.04 239 Cosco Investment 1.93 -0.03 66 Coscc Investment A 1.74 Far East Levingston 7.00 -0.05 108 GB Holdings Ltd 0.81 -0.02 3 Hai Sun Hup Group 0.93 -0.02 440 Hitachi Zooen Sing
      315 words
    • Article
      Upturn in panamax bulker market within 5 years: report
      539 21  -  By Alec Almazan SINGAPORE The market potential for panamax bulk carriers is expected to experience an upturn in the next five years, a new report by London-based Drewry Shipping Consultants said. According to the report, Panamax Bulk Carriers: Market Prospects and
      539 words
    • Article
      Shiprepair complex at Indian port approved
      151 21 NEW DELHI The government has approved the construction of a shiprepair complex at Haldia port in eastern India, the Economic Times newspaper said last week. Bikram Sarkar, chairman of the Calcutta Port Trust, said the work at the 2.5-billion-ru-pee (5598.7 million) project will start
      151 words
    • Article
      Lock icon Buyer of PNOC Shipping gets 5-year contract incentive
      260 21 Bloomberg Business News MANILA The Philippines sweetened the pot for a buyer of state-owned PNOC Shipping and Transport Corp by throwing in a five-year contract with the largest oil refiner and marketer. In a bid to sell its shipping subsidiary, Philippine National
      Bloomberg Business News  -  260 words
    • Article
      Lock icon Salvors seek end to coastal-waters curb on pollution expenses
      332 21 Knight-Ridder LONDON Salvors have called for a revision to the restriction which prevents them receiving expenses for dealing with pollution from ship casualties outside coastal waters or adjacent areas. The International Salvage Union, which represents ships salvors worldwide, welcomed the International
      Knight-Ridder  -  332 words
    • Article
      Lock icon Sickness strikes cruise ship Horizon for a second time
      327 21 NYT NEW YORK One year after an outbreak of Legionnaires' disease struck passengers on the cruise ship Horizon, about 220 passengers on the same ship reported symptoms of salmonella poisoning, the federal Centers for Disease Control and Prevention (CDQ said. The
      NYT  -  327 words
    • Article, Illustration
      Lock icon Heavy load
      85 21 SINGAPORE The catamaran Discovery Bay II seen here just before it was loaded onto container vessel Nepiume Topaz recently. The 43-metre, 125-tonne catamaran is the largest one ever carried by Neptune Orient Lines (NOL). According to NOL, such vessels are normally carried on heavy lift ships. NOL has
      Photo by Arthur Lee  -  85 words
    • Article
      Lock icon Freighter Hye Mieko back in Singapore
      295 21 AFP SINGAPORE A Singaporeowned freighter has sailed home more than a month after it was allegedly hijacked by renegade Chinese troops and stripped bare of its cargo. Johnny Rotinsuru, captain of the Hye Mieko, said yesterday that the vessel returned here on Sunday, 12
      AFP  -  295 words
    • Article, Illustration
      Lock icon Thriving market in luxurious yachts
      638 22  -  |A US firm is producing multimillion-dollar vessels that are like large houses. Bob Burgdorfer reports Bob Burgdorfer Reuter P. A BOATYARD in Manotowoc, a C'/ m. Lake Michigan •7™% port town in the jL. JL.US, is running at fall steam these days turning out yachts
      Reuter  -  638 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      322 22 Page •ANL 3 Able 7 Accord 10 •Ahlers 6 •Ahrenkid 4 •Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 Bright Express 6 •CCNI 4 •CMA II •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho Yang
      322 words
    • Article
      THE SHIPPING GUIDE
      9585 28 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement F1A ETA mrnmrn Vessel Viyage Pg ETA ETA Advwtlsar Vessel 1 Name Na.
      9,585 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        593 33 ft"* Wy Hi BarMi AtrWd Dapartort It— f Port S T CAya Hub jl An«s«k 2S.07/1400 (|I) Seta Ate* ji alongsrte 25.07/1400 A** *m a alongside 25.07/1200 BatM B*(ga J12 alongside 25.07/2300 Bab* Mm 07/05/95 12/3 abrade 25.07/2300 Ef| Ton 133/8 51 J1S *x«sade 25.07/0700 F«*m J8/9
        593 words
      • Article
        CONTAINER SCHEDULES
        1562 33 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO lacori Boetag/Bjiance Mb Ship »«T N» Bkm Put* Ff T> frm to Swan 180A 26/1000 2A 24/1700 25/0659 25/0900 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700 Anda ***** 26/2000 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700 Anna Ms
        1,562 words
      • Article
        COCKETT BUNKER MARKET REPORT
        951 33 THIS report, compiled by Cockett Marine Oil Lid, 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
        951 words
    • Air & Land Transport News
      • Article
        Lock icon M'sia Airlines unit to target luxury market
        336 34 Golden Holidays to start operations by year-end MBT KUALA LUMPUR MAS Golden Holidays Sdn Bhd (MGHX a subsidiary of Malaysia Airlines, will begin operations by the end of the year, offering services for a niche market. Among the services planned is a yacht
        MBT  -  336 words
      • Article
        Lock icon Russian planemakers still seeking new markets in West
        242 34 Reuter MOSCOW Russian aviation firms came back from the recent Paris international airshow with heady visions of new foreign markets, but few deals have been seen between the former Soviet defence giants and their one-time Western foes. Yuli Kakhtanov, deputy director of
        Reuter  -  242 words
      • Article, Illustration
        Lock icon Too many to stay afloat
        68 34 Reuter BEIJING Domestic passenger jets dominating the skyline on the apron of Beijing's airport over the weekend as a China Southern jet taxis for takeoff. China has 32 aviation too many, says a senior aviation official who wants to reduce the number through merging «m*n»r
        Reuter  -  68 words
      • Article
        Lock icon Fedex to start Subic Bay operations on Sep 4
        134 34 Bernama KUALA LUMPUR Federal Express Corporation (Fedex) plans to begin operating its Subic Bay facility operation for intra-Asian service on Sep 4, this year, following the resolution of air rights dispute between US and Japan. Fedex said the opening follows the
        Bernama  -  134 words
      • Article
        Lock icon Manila aims to produce multi-purpose aircraft by '98
        169 34 UPI MANILA The Philippine government said yesterday it plans to manufacture the first locally made multi-purpose aircraft by 1998 and commercially produce it by the year 2000. The transportation department said it has earmarked an initial amount of SO million pesos (552.7
        UPI  -  169 words
      • Article
        Lock icon Taiwan sets up firm to make first locally designed car engine
        203 34 Reuter TAIPEI Taiwan's government and car makers have set up joint venture to produce the first locally designed engine as part of efforts to reduce reliance on Japan and upgrade the car industry, the new firm said in a
        Reuter  -  203 words
      • Article
        Lock icon Murdoch unit not selling stake in Ansett to Air NZ
        378 34 AFP SYDNEY A proposal for Air New Zealand to become half owner of Ansett foundered yesterday with the announcement that media group News Ltd is to retain its 50 per cent stake in the Australian airline. News Ltd, the Australian
        AFP  -  378 words
      • Article
        Lock icon 8 new routes for S Korean airlines
        107 34 Reuter SEOUL South Korea has allowed its two airlines to begin serving from August on eight new overseas routes from Seoul, the transport ministry said. Korean Air Lines was allowed to open three passenger routes to Tel Aviv, Fiji and Mexico City, and
        Reuter  -  107 words
      • Article
        Lock icon Indon vehicle sales up 29%
        82 34 AFP JAKARTA Indonesian vehicle sales rose 29.2 per cent on the previous year to 181,747 units in the six months to June, the Indonesian Automotive Industry Association (Gaikindo) said yesterday. But Gaikindo said sales were down 2.2 per cent on the Six months to December,
        AFP  -  82 words
      • Article
        Lock icon Kuwait-Ireland air pact
        99 34 Reuter KUWAIT Kuwait and Ireland signed an agreement facilitating air transport between the two countries, Kuwait's directorate general of civil aviation said on Sunday. "The agreement is aimed at improving cooperation between the two countries in civil aviation; it provides for a complete framework to facilitate the
        Reuter  -  99 words
      • Article
        Lock icon Opel says sales not hit by scandal
        127 34 Reuter RUESSELHEIM, Germany Opel management board chairman David Herman said the fraud allegations against the company had not hurt new orders for its vehicles. "No, we are seeing no effect on sales," he told a news conference. He said Opel was very pleased
        Reuter  -  127 words
      • Article
        Lock icon Valeo chief expects Europe car market to grow
        327 34 Reuter PARIS Valeo chairman Noel Goutard said he was less pessimistic about the European car market than some of his industry colleagues and predicted growth this year of one to two per cent. He also said late last week his objective was
        Reuter  -  327 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1389 34 AIRCRAFT ARRIVALS DEPARTURES rwi ra nm n» *ta»taM SQ44I 1506 SQ228 2120 <— RJ188 1325 <1 KLB43 0456 KL844 0110 SQ323 0745 GA896 0235 KLB37 1460 KLB38 2300 SQ324 2330 GA892 2360 tadiwrt SQ28B 2040 SQ28S 2045 Mkpn BM21 1106 SQ182 0915 SQI8I 1410 BM22 1210 BU29 21 IS *■*1
        1,389 words
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      1259 22 BOARD U Ika nnnnMnnt IMiaaaa Air NZ GppOlfltS Une president heads sNpmmers assotiatkHi s-e Asia district manager Bao Shintarw, president of Kawasaki Kisen Kaisha Ltd Air New Zealand's Singapore-based Asia and Japan regional reeervations from exhibitors. (Line), has been elected to the post of president office announced the appointment of
      1,259 words
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      Page 22 Advertisements Column 2
      188 22 Line* and services represented by /^Sk^ Members of the Registry of AccredHed fifflVt Shipping Agents, Singapore National vajjjj) Shipping Aseociation. ror dcvervs/ng enqunes, contact SfttiprK rimes. Tel 740-2069 —3 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BusfaessDmfs I WOULD KiAX SLD NPT
      188 words
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      Page 23 Advertisements Column 1
      2309 23 MOHC SOUfH WBTIXWISS (MMCI) |<bb. wr »n* IgNOD I m I .OA* 108 I I odi I mow Imc I w I xt I hbtthbbwb. im v/y n/v ii/a is/a |wm ij/m Inm la/5 11tm la/a I a/a I mmmwMm ua mM mm aM nM I a/a InMInMInMI nM vM
      2,309 words
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      647 24 I 7 ~M M I hb Alvf H I W# IV kg iH &VA A V C PT^ffWTfTWfl l^ rasa vor mm ran mt u«A sm pjbme Ism hu uo m sm ok km WJCW ~a7»~»K 57S i 7? r yj fag STf—Wi B 1 M iT~ Shß=iS±^==fc^dfc^^di=3ss:is:S3sE3a: «M> 41/<M
      647 words
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      Page 24 Advertisements Column 2
      923 24 I NORASIA VHM. VOY MN ALQ LAS BCL VAL HAM BRI ROT AKT FEL LHA SLMOTNATOR W* 2M7 1&M 14M ItM Ml 11M 2MI 2AM MM 2iM 21M MABBTMTWE MM* KM Ml MM MM VIM MM 77M r« Ml IMI MM SLMUE Ml IMI IMI am MM MM Ml MM
      923 words
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      Page 24 Advertisements Column 3
      483 24 JAPAN/HONQKONQ/STIIAITS MOOLAH MRVICC LOADING FOR PORT KLANQ/PENANQ wg. i vor i*pqm pjBBB Imm US w 1 Brf~ mm ffgrS SUNMWMT M HPT MM. SOUTHBW MUM 1 MPT 1 TWUUMPWM I WJUM t\MH Z 818 SB J a JUL MPT V JUL 1 wmmamjata mjul I ajul SMM YUM 1 si
      483 words
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      1237 25 ppi STRAITS SHIPPING PTE LTD Xflßpf 11 Hm Ckiaai toad #11-91 Kappal To wars Slojaporo 0208 Tel: *****88 Far *****17 }l service of china navigation co> I CARGO D(K MU SB** >lc JMMSAB-fi VMH Mm, Uk. KK MM 29 M »M ilrrwrr»noff wntemhm,lm, n k-bam ma* > a coww »miwiiwi
      1,237 words
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      Page 25 Advertisements Column 2
      1533 25 P&O Containers (Singapore Agencies) Pte Ltd First Class Connections WORLDWIDE Tel: 225 2233? PNOCSP 7517 CR Number *****9 *****Z f t~ I Ml 111 ■111 Mil 1^ EXPORT IMPORT VSSSCL VOY |*«U WM ~m SOU AWT HOT MAM QOT M LH MUNKEBO MAERSK MM 2M7 2SM7 ZINI 14MB (Mi 20AM
      1,533 words
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      Page 25 Advertisements Column 3
      445 25 II OWO«— PM. PBi JOH SM MB MO PI ME TOR TIB MM MM OM BOJ MB, MIM2MMN 2M7 2W7 2M7 27-2M7 MM KM MM MM Mf MM UM~ MMHMMBM MiTnir W *T ~MM~ 18~ "MM~ "MM" "W MM MM" ""I T~ ~-gy SMRMMMMMI 2M7 2M7 IMS M-MM MM MM"
      445 words
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      Page 26 Advertisements Column 1
      1114 26 > hb W fl MH B I M _J 1- fl J J i fl hbh L L > HI I H I I w KM HN Iff MM LW LMV ANW THP HH RIM m HmFI LMKNINHM IW7 1M IM 2M 1M 2M E. 6EMUS RE-BM ZM 3M 27/B
      1,114 words
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      Page 26 Advertisements Column 2
      684 26 t.MJW. IPBWXWQUJSgWICC a vot tap ow ml omm &a* or &xe oncom nm-mm tm mm rim mm mm mm mm mm» MM» am nm um iw mm im mi mtu,m nm MM am nm Tim HMT MMMK M M Jl* IIM CM KM CM FG. TO 00N*. MMUM. JBH. MJ
      684 words
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      Page 26 Advertisements Column 3
      483 26 ■^^WCHnELDMAMNpBScSnSwiUD^ UTEL *****33 (12 FAX: *****15/*****03 TELEX: W» ***** —MP (3 Unw» CR NO: **********06 4 gTIiIOWAIItIMPIH^ipCfI niii mnpv wammmmm r (N^hi—iiitnf ruiipfci) ACCEPTING FCL AND CONVENTIONAL *"****> vws rr* iiiummr %BW <4 AWwyWom 44W8 28X07 I jgg^ D>bol< I Atoyot 41WB 22/00 Dpbouß AMD, MMM KIEN HUNS UK i
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      2266 27 a-» *tr —rj B south apnca a east •HHk w^^V COAST SOOTH AMBBCA mill".'. 1 mc—mtmim **/«<*••*/*, *M«?** COSTAR SHIPPING PTE LTD f 'iSS^iLEU 1 unmr MWMHM* cmwmt M. «nw c H m» 4 mns U&m9w,n74» efSfiutiUEmm c mmmw SSimw JeiVSui pm— o*t*mru f m mtimm qst no m? oasnas
      2,266 words
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      Page 27 Advertisements Column 2
      638 27 I FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 UNES) GOTHENBURG/SCAN 31/07 ROTTERDAM 31/07 AARHUS/COPENHAGEN 31/07 HAMBURG/BREMEN 20/07 MARSEILLE/FRANCE 30/07 FEUXSTOWE/UK 31/07 BARCELONA/SPAIN 26/07 LEHAVRE/FRANCE 28/07 GENOA/ITALY 29/07 ANTWERP/BELGIUM 28/07 LOS AMGELES/WC/IPI 28/07 SYDNEY/MELBOURNE 26/071 NEW YORK/EC 28/07 AUCKLAND/WELUNGTON/NZ 29/07 VANCOUVER 28/07 BRISBANE 26/07 TORONTO/MONTREAL
      638 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      919 30 I Vg agL J Cr |VE«8B. I VOY I m HEN I^B NAWABHUM 023 Wtd 26/07 St 28rt)7 BUHQA SEROJA 8106 Tw lln PI Thu 27/07 WWW- m B!— W _Mss_JiflZ. f <***>•*** 5111 SB* a 7/07 _gg_«gLM Ifif B MA PUA 2222 2-_ »2Z_ «52_ W ANA BHUM MM
      919 words
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      Page 30 Advertisements Column 2
      681 30 79 AW »OW HO AD, >11-01, SINQAPOm 0207 CW > **********0 M STUAITS tHUTTUI OHVICi PORT KLAWQ j PENANQ voy I w M *na wr m few f92! 27/07 THU 28/07FRI U XOURJAYA ***** 27A37THU 29W7SAT -gg; gfinjSi 2M7SAT B LHOTSE 5043 aSUUL 01AMMOW 2M7FRI 3007 SUN XOURSTORE ***** O3OBTHU
      681 words
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      516 31 f i BSfl r MYANMA r \flßßk FIVE STAR LINE r (Myanmar National Una) Loading for Yangon (Rangoon) ipn p.na pen r.G* ISMA&iA 2M7 4 HPMM 3M7 A6EMTX: MUSTEAD SIMPPMG AOENCKS St S- PRL TEL K-«3-37W1t1 f*t ia n-unnm pso: tel tM7-iai2»iM r NIGERIAN NATIONAL r SHIPPING LINE SPORE FOR
      516 words
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      Page 31 Advertisements Column 2
      313 31 JT: ADVANCE CONTAINER LINES (PTE) LTD API 140CacS8MM,#12-00,PIBuMbig,Slrtgapora 0108 LI *****21, PAX: *****15, TELEX: RS ***** ACLPL CR|MQ. **********0E ?V \T Qlpenang MALAYSIA (lumbt ANNOUNCING INE I UUNOWK OF OIW jQ PORT KELANG I snunssßWKE 2. TO LUMUT V. "KOTA MAWAR" VOY MAWO43 DEPART S'PORE 23 JULY 1995 ARRIVE LUMUT
      313 words
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      Page 31 Advertisements Column 3
      680 31 l^— 6l m LEWOWE IWWJHO timegponr ROTTERDAM UfTWIPI VUfOEUBRA UOW JW7 IMB VM» TftW 5J5 W_L£ DC NORMA MOW OIAH 22/38 M« 2MB 2MB MLLEOECANNA CIOW OMB 2MB 31AM OMB VW-LE 06 3AGITTA SIOW IMB OMB 07AW OMB WV ALSO ACCSTMO CAHQO TO ALL U. K. DESTMATION&. SCAtCMWAVUW jAARHJg. COPENHAOEN.
      680 words
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      630 32 PI AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Isiamqala (Doqharun) ■we€*ewei c.i.s./russia: Alma Ata. Ashkhabad. Baku, Dushanbe, MilitTef A Ifcmch Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov, Moscow, Tnn«im rfaw 11 Novosobrsk, Sochi, Tashkent, Tbilisi. Vladivostok, Vostochny Mongolia: Utaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA MJO
      630 words
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      Page 32 Advertisements Column 2
      608 32 SIS SSI! JSSS J gg»» j«w»7»—M 8B0: (064) *****9 MAMLA (W2) *****61 V PCNANQ: (M) 6M666 BANGKOK (062) *****67 SURABAYA: (91)*****6 P. KELANQ: (03)*****77 JICT: (21)*****67 MDN: (61)*****3 BANDUNG: (22) *****86 I ASIA HKG/TWH/BKKI GENOA/EUROPE I PEN PKL SIN 5 SAJUNGS/WEEK fi bum/r h*n«n* hnim/rw»* SI 5L 25, H 21/7
      608 words
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      Page 32 Advertisements Column 3
      244 32 M/V GLORIA ACE VOY 1 LOADING FOR HAI PHONO ETA SPORE 26 JULY LOADING FOR HO CHI MINH HAI PHONG BANGKOK M/V ORANGE SKY VOY 33 ETA SPORE 8-9 AUG M/V COSMIC MASTER VOY 44 I ETA SPORE 20-22 AUG i Contact ECL (SPORE) PTE LTD TEL: 234 7931 W.
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  • Page 33 Miscellaneous
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      Page 33 Miscellaneous Column 1
      115 33 REGIONAL WEATHER LEGEND: R Thunderstorm T*mp*rotur* c A Shower W*oth*r Wind dv*ction with «p««d in knot* Rain Cloudy Sky Wov S*rfoo» «M* af« n4kot*d by arrows .kidi wrtfc wind o On,u <**• catm or Kght and vohatote winds J__ On* half ftech* r*pr*s*nts 5 knots L— On* M «•<*• '«pr««nfs
      115 words
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      78 34 SEALED PRICE QUOTATIONS ARE INVITED FRM INTERESTED SUPPLIERS/ DEALERS/MANUFACTURERS FOR PROCUREMENT OF MS PLATES 1. Quantity 1000 MTON (approx) 2. Quality Lloyd's grade "A" or equivalent 3. Delivery FOB Singapore 4. Payment Cash 5. Closing time date 1000 hrs on 1.8.95 For detailed terms conditions pse contact regional representative Singapore
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