The Business Times, 13 September 1995

Microfilm: NL20018
Total Pages: 62
1 62 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday September 13 1995 85*
    12 words
  • Article
    Lock icon Dow up 28.88 points
    69 1 Reuter NEW YORK The Dow Jones index hovered just below its peak yesterday as Wall Street cheered news of a drop in wholesale prices last month. At 2 pm EDT, the index was up 23.88 points at 4,733.82, nearing its record closing high of 4,736.29 set
    Reuter  -  69 words
  • Article
    Untitled
    159 1 Stock Mvtet him Teesiey Change yfll 2,***** -5,44 RISE Comp 986.66 -2.49 Nikkei 11,472.17 -13.94 Hang Seng 9,434.81 -4.14 SET Index 1,289.43 +3.61 Jakarta Comp ........487.26 +1.82 Manila Comp 2,659.55 -13.86 Taipei WP1 5,067.75 +3.93 Seoul Comp 95Z28 +1.3 BambwB&30 .3,316.64 -11.62 CLSA China B 872.20 -0.78 Ami All Otd
    159 words
  • Article
    S'pore exchange unveils plans to keep Clob afloat
    632 1  -  By R Sivanithy SINGAPORE The Stock Exchange of Singapore yesterday unveiled plans to continue trading of Malaysian stocks on Clob International a move brokers said would go a long way towards lifting the uncertainty that shrouds the over-the-counter market. In a brief
    632 words
  • Article
    Teng Fong wins YHS fight, Quek Leng Chan accepts offer
    634 1  -  By Genevieve Cua SINGAPORE Malaysian businessman Quek Leng Chan yesterday threw in the towel in the contest for softdrink maker Yeo Hiap Seng and accepted Ng Teng Fong's takeover offer of $5.35 a share, ending a protracted 11-week tug-of-war. Mr
    634 words
  • Article, Illustration
    Lock icon Scotts shares soar 40% in heavy trade
    315 1  -  By Shiv Taneja SINGAPORE The share price of Scotts Holdings the subject of a family tussle for corporate control and whose $15.3 deal in India is under criminal investigation surged 40 per cent yesterday after a two-day trading suspension, with dealers pointing to
    Source: Bloomberg  -  315 words
  • Article
    Make S'pore a world maritime centre like London, says association chief
    321 1  -  By Thomas Wee SINGAPORE Singapore should strive to become a world maritime centre like London. The president of the Singapore National Shipping Association (SNSA), Lua Cheng Eng, extended the challenge to the shipping community and the government to develop
    321 words
  • Article
    First the battle, now the poser
    679 1  -  Lee Han Shih examines Ng Teng Fong's options Lee Han Shih g TVT 0W what? What wIU property l\l tycoon Ng Teng Fong do with Yco -L Hiap Seng after paying more than three-quarters of a billion dollars for a I company that made
    679 words
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      236 1 #^TDotMateixftinteKß Lettering Systems BT Online Look us up at http'Jl www.asial.com.sg/biztinies S*poff Dm U Spore-HTsa 15,18 ft*OMI DM 4-9 Rmmcml 19.20 WWW Nms 14 Harta > Nairn QoMUE, SCS .24-26 13 Wortt G4MI 12 Cwrtnoes 20 tyUMjto U SHM/Conm ....20,21 MMffrNn M 18)0-7492$77 Fa *****75 BT NmMl W *****18 Fa
      236 words
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      31 1 Regional Analysis: Pg n Afta 2000 on back burner Tan Koon Swan applies to be discharged I^PJUj as a bankrupt Sh Pg4 Dollar pushes above 101 yen in London Pg 14
      31 words
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      32 1 Hock Lock Siew: Pg is Seamier side of KL corporate life The YHS saga from start to finish, Pg 2 SNSA 10th Anniversary: A Shipping Times supplement Free with today's Business Times
      32 words
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      8 1 SNSA's hopes: Shipping Supplement, Pgs Two A Three
      8 words
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      111 1 Bottom Line: Pg u Seattle vs WashinszrffK A company's strenoth lies in the Backbone of its staff. Dauphin has the practical and suit individual needs. For more aesthetic answer to a major prob- healthy posture, added comfort lem for the purchasing depart- and increased productivity! ment! The Beta PI IStO
      111 words
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      11 1 fliAil iHTd BI ■i H1 in*i"iii[ a ni wm Mammon Veriiy-u
      11 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Per capita GDP up 9.2%
        331 2  -  By Anna Teo ECONOMIC output per Singaporean or per capita gross domestic product reached about $31,182 last year. The increase was 9.2 per cent, lower than the 10.9 per cent rise in 1993, and below the 1994 GDP growth of 10.1 per cent. But strictly
        Source:World Bank Asia 1995  -  331 words
    • Article, Illustration
      Tat Lee to redevelop head office in $120m project
      439 2  -  By Shiv Taneja TAT LEE Bank plans to spend $120 million to rebuild its Market Street head office into a taller building with two-thirds more lettable space. The bank's president, Goh Tju Kiang, said yesterday that the existing 15-storey block with
      439 words
    • Article
      Some firms keen on space in Bangalore IT Park
      380 2  -  By Genevieve Cua A HANDFUL of companies have shown keen interest to take up about 20 per cent of the total industrial and office space in the Bangalore Information Technology Park, a joint-venture project between Singapore and Indian companies. IT Park
      380 words
    • Article
      Chilean free trade zone offers S'pore firms springboard to S America
      358 2  -  By Kevin Sullivan THE unusually compatible trade-based economies of Singapore and Chile offer scope for increased bilateral cooperation, Augusto Aninat del Solar, president of Chile's Zofri free-trade zone, said here yesterday. Zofri is located near the port city of
      358 words
    • Article, Illustration
      Britain eyes fast-growing Asian healthcare market
      370 2  -  W Jenny Lam HAVING lagged behind in the race for a slice of the fastgrowing healthcare business in Asia, Britain is now trying to catch up by actively promoting its expertise to this region, British Health Minister Gerald Malone told Business Times yesterday. He
      370 words
    • Article, Illustration
      Production workers here slog longer but cost more
      515 3  -  And compared to developed economies, they are much less productive: study ■y Anna Teo SINGAPOREAN production workers work longer hours and cost more than their Asian counterparts. Overall labour turnover is also higher. And compared to the developed economies, Singapore workers as
      515 words
    • Article
      SM: Poor preparation holding up pace of investments abroad
      508 3 THE PACE at which Singapore businesses are investing overseas could have been much faster if Singaporeans were better prepared, Senior Minister Lee Kuan Yew said during an interview with an international business magazine. In the interview with Forbes on June 29,
      508 words
    • Article
      Hitachi sets up $1.5m regional semiconductor design centre in S'pore
      314 3  -  Toh Han Shih HITACHI Asia Pte Ltd yesterday announced a $1.5 million investment in a regional semiconductor design centre in Singapore, which would involve partners throughout Asia. The centre was set up under a new company, Hitachi Micro Systems Asia
      314 words
    • Article, Illustration
      Lock icon Over 10 firms to get OHQ status this year
      340 3  -  Dr Jenny Lam OVER 10 companies will be awarded Operational Headquarters (OHQ) status this year instead of the usual average of six, said Philip Yeo, chairman of the Economic Development Board. To date, four companies have received OHQ status with about
      Photo by Arthur Lee  -  340 words
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      159 2 Save up to 4hrs to Detroit and beyond. sU fif -t eKALLANG MRT LAVENDER MRT NEW AIS INDUSTRIAL BUILDING Minutes from the CBD expressways AIS Industrial Building is a modern 8-storey warehouse development scheduled for completion in October 1995. Jj|^, Strategically located at Kallang Avenue (next to the existing l^rH
      159 words
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      Page 2 Advertisements Column 2
      659 2 The YHS saga from start to finish MALAYSIAN businessman Quek Leng Chan's decision Mr Ng has emerged the victor. But has he bitten off more yesterday to end his courtship of beverage group Yeo Hiap than he can chew? At $5.35, he values YHS at $760 million, a Seng brought
      659 words
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      178 3 i Jl A While the lines of this body are undisputedly sensuous, the m %#fm discerning admirer does not focus on looks alone. But rest assured. The soul of the new XJ Series the AJI6 powerplant will deliver a performance nothing less than inspired. Not only is the 1995 XJ
      178 words
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  • SOUTH-EAST ASIA
    • Article
      Mahathir defies traditional ideas to curb inflation
      527 4  -  Price controls and consumer education more effective than monetary policy, says Malaysian premier From Ho Kay Tat in KUALA LUMPUR THE conventional approach to fighting inflation by raising interest rates or revaluing the currency had never worked satisfactorily, Malaysian Prime Minister Mahathir Mohamad
      527 words
    • Article
      Koon Swan applies to be discharged as a bankrupt
      406 4  -  By Ven Sreenivasan SINGPORE Tan Koon Swan, former head of the Malaysian Chinese Association and one-time corporate highflier, has officially applied to the Malaysian High Court to be discharged as a bankrupt. The court has scheduled a hearing for Sep 19.
      406 words
    • Article
      Proton inks deal with Citroen to make Malaysia's third car
      350 4  -  Fran Ruth Wong in KUALA LUMPUR MALAYSIA'S car maker Perusahaan Otomobil Nasional Bhd (Proton) yesterday officially joined hands with France's Automobile Citroen to build Malaysia's third national car. In a signing ceremony yesterday, Proton managing director Nadzmi Salleh said the
      350 words
    • Article
      Lock icon Telekom M'sia spending M$200m to upgrade infrastructure for Games
      127 4 Bernama KUALA LUMPUR Telekom Malaysia will spend Ms2oo million (Ssll4 million) to upgrade its telecomniuuication Mmtmdmt far the 1998 Commonwealth Games here. Its executive chairman, Mohd Rashdan Baba, said yesterday the company would provide state-of-the-art telecommunication i* l Spotting at the
      Bernama  -  127 words
    • Article
      Lock icon Vietnam trade deficit narrows
      64 4 AFP HANOI Vietnam's trade deficit for the first eight months of 1995 narrowed to US$554 million (***** million), the Central Statistics Bureau said yesterday. Imports for the first eight months were U553.64 billion while exports were US$3.O9 billion, leaving a US$554-million deficit. But the deficit was
      AFP  -  64 words
    • Article
      Thai ministry bans cement exports
      78 4 BANGKOK Thailand's ministry of commerce has ordered a temporary ban on cement exports in an attempt to solve the domestic shortage. A report said this week that southern Thailand is facing a critical shortage of cement. Siam Cement pk is the only producer in southern
      78 words
    • Article
      Lock icon M$98b in foreign investments
      69 4 Reuter Bernama KUALA LUMPUR Foreign investments in Malaysia between 1980 and July this year totalled M 598.1 billion (5556.2 billion), Deputy Minister of International Trade and Industry Kerk Choo Ting told the Dewan Negara yesterday. Apart from investors from east Asian countries, the US and the
      Reuter; Bernama  -  69 words
    • Article
      Underground rail plan for Bangkok
      377 6  -  First major investment proposed by Banharn govt will cost 55b baht From Loh Hui Yin in BANGKOK IN ITS first major investment proposal to reduce traffic congestion in Bangkok, the Banharn government yesterday approved a mass rapid transit project that will be built entirely underground.
      377 words
    • Article
      Lock icon Indonesia grows trees on assembly line
      340 6 AFP PEKANBARU, Indonesia At the heart of the large Indonesian island of Sumatra, a forest is literally being put together on an assembly line in an effort to increase commercial exploitation of timber. The ground on which these made-to-order forests are coming up has
      AFP  -  340 words
    • Article
      Lock icon Jakarta ups forestry levy by 9-27%
      167 6 AFP JAKARTA The Indonesian government has increased forestry levies by between 9.3 and 27.3 per cent, a press report said yesterday. The Forestry Ministry ordered the tax increased on most forestry products, including logs and other wood products, from August, the Bisnis Indonesia daily
      AFP  -  167 words
    • Article
      Thai PM dumps 5 power board members to avert labour strife
      435 6  -  From Loh Hui Yin in BANGKOK THAI Prime Minister Banharn Silpa-archa has headed off a possible strike by electricity workers by removing half the directors he installed last week at the Electricity Generating Authority of Thailand. His decision is
      435 words
    • Article, Illustration
      Lock icon Foreign brews give Mandalay Beer spirited competition in Myanmar
      277 6 Reuter Reuter ■jflyanmar's Mandalay Beer, first brewed during British colonial rule more than 100 years ago, is preparing to battle the increasingly stiff competition from foreign brands flooding the fast-growing beer market. For decades, during Myanmar's experiment with a closed, centrally-planned
      Reuter  -  277 words
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      226 4 For those who've advanced in life, we'd like to offer the opportunity to retreat. mm —win mii lamiTwriwiwwirnMrir ii-~r —wtt rrn r jmmmmmm**# -mmmmm -m■•mmamm, :4 i snmmmmhSHßSSF mmmK/tttSttk rnmrn* J""" igm ggg f§ i I: |V i \7 li r fs> rS INTRODUCING THE NEW VITARA V 6. A
      226 words
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      277 5 The Tan Brothers used to think a computer network was a complicated thing that costs lots of money. [Now they just think it's complicated.] f.• v•_ -1 -R CTB^^!lJH>i^!Liilß<Kfa> f 3TC D' j£ j^ifi£ X 3b 'I' i The Tan Brothers don't even attempt to understand what goes on inside
      277 words
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      787 6 nCompagnie Financiere de Paribas Head Office: Banque Paribas, 5, rue d'Antin ***** Paris, France. Singapore Branch: 80 Raffles Race #43-01, UOB Plaza I, Singapore *****4. Tel: *****00. Exchange rate at December 31,1994: USDI FRF 5346 Consolidated Balance Sheet (In millions, at December 31) 1994 1994 1993 (USD) (PSF) (FRF) ASSETS
      787 words
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      139 6 FOR SfILE Corporate Building fit Bedok South Rood I \\\\!L^3 UPJS-V— unl i \a HM ra HOUSING y\ aim L \A MARKET/FC =\1 sin W. OPERA A KWTE N. —juwor yj^icouEGE IDEAL FOR YOCIR FACTORY/WAREHOUSING OFFICE NEEDS Comprises a purpose-built single storey detached factory I with mezzanine level offices Land
      139 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Loan boost by major bank may be sign of credit easing by Beijing
      673 7  -  But People's Construction Bank says move meant only to ease cash flow By Lu Ning SINGAPORE One of China's three major banks is raising its loans to selected enterprises to ease their cash flow in a move
      673 words
    • Article
      Lock icon Taiwan's investment climate ranked third
      195 7 AFP TAIPEI Taiwan's investment climate has been rated the world's third best by the US-based Business Environment Risk Intelligence (Beri), economic officials said yesterday. Beri, a risk assessment and consulting firm, said in its July report that Taiwan trailed Switzerland and Singapore in terms of
      AFP  -  195 words
    • Article, Illustration
      Lock icon Double parking's allowed here
      52 7 Reuter BEIJING A Chinese man parking his bicycle in a newly-installed double-level bicycle stand on one of Beijing's most popular shopping streets yesterday. Increasing numbers of shops in the capital, coupled with more people able to afford bicycles, have led to crowding in Beijing's main shopping
      Reuter  -  52 words
    • Article
      Lock icon Taipei to open more telecoms sectors to private firms
      205 7 Reuter TAIPEI Taiwan yesterday said it will allow private companies to invest in four more value-added networks by the end of this month, in a continuing effort to liberalise the island's telecommunications industry. The four networks electronic mail Internet, computerised airline
      Reuter  -  205 words
    • Article
      Lock icon Taiwan's UMC plans US$1b chip venture
      185 7 Bloomberg Business News HSINCHU, Taiwan United Microelectronics Corp, Taiwan's second-largest maker of semiconductor chips, has said it will team up with a group of North American companies to invest in a US$l billion (551.43 billion) semiconductor chip plant in Taiwan. The group, which includes
      Bloomberg Business News  -  185 words
    • Article
      Lock icon HK watchdog raps forex firm for using unlicensed traders
      115 7 Reuter HONGKONG The Securities and Futures Commission said it reprimanded China Guangdong Fortune Forex Co Ltd for operating a leveraged foreign exchange trading business with two unlicensed traders. The securities watchdog also reprimanded a director of the company, Leung Kwok Pong,
      Reuter  -  115 words
    • Article
      Lock icon Deng's well and walking, says news report
      165 7 UPI HONGKONG Deng Xiaoping, China's 91-year-old top leader, has been in improved health recently, reading newspapers and occasionally taking short walks, the China-funded Wen Wei Po newspaper reported yesterday. The newspaper said Mr Deng's son-in-law, Wu Jianchang. made the comments on Monday during
      UPI  -  165 words
    • Article
      Lock icon China's inflation hit 27-month low of 12.3% in August
      547 8 Economists confident of achieving 1995 target of 15% Reuter BEIJING China's inflation in August hit a 27-month low of 12.3 per cent and economists said yesterday they were confident tough administrative measures to curb prices would enable Beijing to hit its
      Reuter  -  547 words
    • Article, Illustration
      Lock icon Confusion looms in HK election: candidate
      231 8 AFP AFP HONGKONG Hongkong's most popular politician, Emily Lau, predicted confusion at polling stations on Sunday as voters figure out the complexities of the last Legislative Council election under British rule. Under Governor Chris Patten's political reforms, which China has vowed to scrap when
      AFP  -  231 words
    • Article
      Lock icon HK's biggest forex earner in 2000
      72 8 Reuter HONGKONG Tourism is expected to become Hongkong's biggest foreign exchange earner by the year 2000, but limited capacity at the airport and in hotels would constrain growth, the Hongkong Tourist Association said. The association told its annual meeting that arrivals rose 4.4 per
      Reuter  -  72 words
    • Article
      Lock icon Shanghai economy grows 13.5%
      84 8 Bloomberg Business News SHANGHAI Shanghai's economy grew 13.5 per cent in the first eight months of the year, compared to the same period of 1994, the Shanghai Star reported. Gross domestic product for the period totalled 156.24 billion yuan (5526.8 billion). For August, year-on-year growth reached
      Bloomberg Business News  -  84 words
    • Article
      Lock icon Chinese property prices to rise: report
      85 8 Bloomberg Business News BEIJING Chinese real estate prices will rise by at least 30 per cent more than the national inflation rate over the next two years, the government-owned China News Service reported. Immigration from villages to cities is pushing up demand for urban
      Bloomberg Business News  -  85 words
    • Article
      Lock icon Intellectuals die younger: paper
      72 8 AFP BEIJING The life expectancy of hard-pressed Chinese intellectuals is 10 years shorter than other Chinese people, the Guangming daily said yesterday. Intellectuals die at 58.5 years on average, while the rest of the Chinese population has an expected lifespan of 69 years, according to the
      AFP  -  72 words
    • Article
      Lock icon China's rice output rises 3.2%
      79 8 Bloomberg Business News BEIJING China's early rice output was 42.18 million metric tons, 3.2 per cent over 1994 levels, the official overseas edition of the People's Daily reported. The paper said the national output failed to meet the set target, but did not disclose the
      Bloomberg Business News  -  79 words
    • Article
      Lock icon China's aim to be self-sufficient in food wasteful: US official
      467 8 Reuter BEIJING China's goal of self-sufficiency in food is inflationary, wasteful and unrealistic, a US think-tank official says, adding that China should become a grain importer. "If China limits itself to food self-sufficiency, its food prices will be too high,
      Reuter  -  467 words
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      182 words
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      Page 7 Advertisements Column 2
      168 7 I mlivm 111 < *****) is Ihiih) „M< lo ill 111 L OlilshL I ll< k S(|lhtl< I l\H I lev I lII' (li imi i< plu \iil<»m.iti(|iK<L lor 111 c lomic.ui MANUFACTURE Girard-Perregagx DEPCJIS 17 C >l Pi< tuied ***** 0 i I t>| m "lonncdu <Hitom.Ui< hronoqi<iph in
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      82 8 fTTI9I Str LiTOTi^HHHHHHi p'' ■■5.■- V" 1 i|,. It |...i I I I It'. 1.. 1,. it. In II I I .11 ii i. ii; I .1 Ml. f IMI f lll'il M.li •.I,« f III•• 11l ♦.I I <4 1I 1 II f <1 I 1•, r m I
      82 words
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  • ASIA
    • Article
      Lock icon Murayama wants focus on deregulation, public spending
      438 9 AFP, Reuter TOKYO Japan's Prime Minister Tomiichi Murayama yesterday said an economic package to be compiled later this month should focus on deregulation and increased public works spending. Economic Planning Agency director-general lsamu Miyazaki told the news conference that Mr Murayama had asked
      AFP,; Reuter  -  438 words
    • Article
      Lock icon Tokyo govt puts up 20b yen plan to help Cosmo depositors
      367 9 NYT TOKYO The Tokyo metropolitan government yesterday submitted to the metropolitan assembly a supplementary budget that includes 20 billion yen (SS2BS million) in taxpayers' money to help depositors of the failed Cosmo Credit Bank a plan the assembly is
      NYT  -  367 words
    • Article
      Lock icon Japan's machinery orders still on recovery trend: agency
      225 9 Reuter TOKYO Japan's private sector machinery orders are still on a gradual recovery trend, an official of the Economic Planning Agency said yesterday, after the announcement of figures for July. The agency data showed orders for July, excluding those by shipping and
      Reuter  -  225 words
    • Article
      Lock icon Australian producer prices rose in July
      273 9 Bloomberg Business News SYDNEY The prices of goods produced by Australia's manufacturing industry rose in July, confirming concerns that the core inflation rate is on the rise and interest rates are headed higher. Prices rose 0.4 per cent in July, for an increase of
      Bloomberg Business News  -  273 words
    • Article
      Lock icon 5 India ministers quit to aid reshuffle
      114 9 Reuter NEW DELHI Five junior ministers in Indian Prime Minister P V Narasimha Rao's government offered to resign, clearing the way for a cabinet reshuffle as the ruling Congress party gears up for polls, officials said yesterday. Mr Rao was expected to rejig
      Reuter  -  114 words
    • Article
      Lock icon Minister omitted loan in asset listing
      145 9 AP TOKYO Japan's justice minister yesterday admitted he had failed to mention a 200 million yen (Ss2.B million) loan in a recent public report of his personal assets. Tomoharu Tazawa said he failed to include the loan, from a powerful lay Buddhist organisation, in
      AP  -  145 words
    • Article
      Lock icon No inflation risk from NZ retail sector
      109 9 Reuter WELLINGTON New Zealand retail prices are unlikely to pose an inflationary threat in the short term, ANZ Banking Group (New Zealand) said in its September Retailers Focus publication. "We expect to see annual growth in retail spending settling in the 3-5 per
      Reuter  -  109 words
    • Article
      Lock icon Bangalore strikes off KFC's licence
      116 9 Reuter BANGALORE The southern Indian city of Bangalore has cancelled the licence of the global food giant Kentucky Fried Chicken (KFC) of the US to run its outlet in the city for serving adulterated products, an official said. A formal announcement of the decision, approved
      Reuter  -  116 words
    • Article, Illustration
      Lock icon Japanese authorities realistic in being pessimistic, says economist
      383 9 Bloomberg Business News TOKYO Japanese authorities have finally realised that the Japanese economy is in "poor shape" and are moving to find ways to stimulate growth, said Michael Hartnett, chief economist at Merrill Lynch in Tokyo, in a Bloomberg Forum. The Bank
      Bloomberg Business News; Reuter  -  383 words
    • Article
      Lock icon Four firms bidding for Lankan gas monopoly
      145 9 AFP COLOMBO Four firms from Britain, France, the Netherlands and Singapore were competing for a controlling 51 per cent slice of Sri Lanka's gas distribution monopoly, the privatisation authority said yesterday. The four firms were among 14 companies which had initially shown interest
      AFP  -  145 words
    • Article
      Lock icon India's economy to grow 5.5%, says central bank
      281 9 Bernama NEW DELHI The Indian economy is expected to grow at the rate of 5.5 per cent in 1995-%, said India's central bank, the Reserve Bank of India (RBI) in its annual report. The bank is also concerned about the fiscal and
      Bernama  -  281 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      61 9 FOR SALE SYDNEY CBD FRINGE MODERN OFFICE BUILDING 2 656 in 3 NLA 99 SECURITY CARSPACES SUIT INVESTORS OWNER OCCUPIERS IDEAL CORPORATE HEADQUARTERS Asking Price $5.5 Million Deadline lender Date 5 OCTOBER 1995 Contact; Jim Williams or David Ling, 451h 46tfi Floors, Shell Tower, 50 Raffles Place, Singapore 0104. Tel:
      61 words
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      Page 9 Advertisements Column 2
      269 9 SUNTEC CITT SINGAPORE 13-15 SEPTEMBER 1995 INTERNATIONAL SHOWCASE ON TECHNOLOGY AND INNQVATlON_^^^^^^^^^^^^^^^^^^J| Whether your business reUes on the latest technologies and Innovations or you just want to keep poce with the times,TECHNOLOGY SHOWCASE "95 is the event you've been waiting for. Held in conjunction with TECHMONTH *95, TECHNOLOGY SHOWCASE VS
      269 words
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      Page 10 Advertisements Column 1
      1033 10 I| B gjj||? r WIWE. DIHt AND BUEBTMH QL LARGEST SELLING BEER II "GOOD OLD 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 to 8 pm, with one for one
      1,033 words
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      Page 10 Advertisements Column 2
      296 10 ■fa, r= I Jancy 'Beijing? I we're delighted to suggest the 'Pine Court for a memorable dining experience. Our lunch menu offers a variety of dian Kin "Beijing dumplings, a selection of HCIelT™ set menus, and 'Beijing specialities Hm A such as 'Beijing 4 BaJ(edTench and |qhcm*t, Marinated Lamb. Jancu
      296 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon A whole new board game
      863 11  -  Holding the world-class chess match at a New York tourist spot is a novelty, reports Bruce Weber Bruce Weber NYT THE 107th-floor observation deck of the World Trade Center in New York echoed on Monday with exclamations, though not the usual oohs and aahs at
      NYT; Reuter  -  863 words
    • Article
      Lock icon Magic to plug Manila's anti-Aids drive
      225 11 UPI MAGIC JOHNSON will get US$4OO,OOO (*****,720) from a Philippine company for an Aids prevention speaking tour. The former US basketball star will preach the message that "anybody could get HIV", said Anthony Roda, a spokesman for the government's health department. Johnson will visit
      UPI  -  225 words
    • Article, Illustration
      Lock icon An embarrassment of riches
      523 11  -  Agassi or Sampras? Graf or Seles? Did the US Open have two champions too many? Robin Finn replays the finals Robin Finn NYT THE US Open is already infamous for its excesses: too noisy, too crowded, too expensive, too windy, too much hamburger grease, and, according
      NYT  -  523 words
    • Article
      Hongkong's new man
      510 12 DONALD TSANG, the first Chinese to become Hongkong's Financial Secretary, made two important points when he outlined his philosophy about running the finances of the colony. Fust, the question of welfare: the Harvard-educated civil service veteran is not about to 90 soft with his own people. promised
      510 words
    • Article
      Vigilance in die heartland
      259 12 A STRAW poU of 40 households in Ang Mo Kio last week by this newspaper to test the level of involvement in the neighbourhood watch scheme after a resident there was killed in a lift reflected a tailing-off in awareness and activity. The perception that the
      259 words
    • Article
      Affordable housing
      121 12 THE Government's intention of building executive condos is an attempt to fulfil the wishes of aspiring Singaporeans, who dream of having their own "private" homes. Due to our limited land size, property prices have soared for almost a decade. Singaporeans have reasons to worry. Even with a monthly
      121 words
    • Article
      Leadership and the good life
      203 12 At the second Youth Seminar, Deputy Prime Minister Lee Hsien Loong said a issue crucial to Singapore's continued prosperity is that of finding a younger generation of leaders. If we are unable to find youth of leadership calibre, Singapore will disintegrate. He added that though
      203 words
    • Article
      Economic ahum bells ring
      253 12 WE SOUNDED the alarm bells last month when official trade figures showed a 33 per cent fall in Indonesia's trade surplus in the first five months of this year over the same period last year. The latest trade figures, announced on Wednesday, showed an even more
      253 words
    • Article
      The Powell mystique
      185 12 GENERAL Colin Powell says he will tell us in November whether he wants to try for the US presidency in 1996. But an examination of his views on everything from foreign policy to affirmative action has already begun. The main reason is that Powell's stock as an
      185 words
    • Article
      Cuba bristles over blockade
      82 12 CUBAN society cannot still think it represents the last bastion of the construction of a Utopia... The American blockade, however, strengthens Cuban pride, but leaves the island without options. Cuba buys everything more expensively and sells it cheaper. The crisis produces more internal resistance and external
      82 words
    • Article
      Retailer's board forced to wash dirty linen in public
      1179 12  -  Sacked finance director takes leading Australian firm Coles Myer to court over deal alleged to have cost company dearly, reports Peter Lynch Peter Lynch The writer is a Sydney-based Journalist who contributed this article to BT IT STARTED as a spat
      1,179 words
  • Page 11 Advertisements
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1155 11 Culturally, Prague is one of the richest cities in Europe, but ifn I since the collapse of commu- fa 1 nism, it is aiming for economic 3PW®|®WjTl? wealth as well. Over in the Slo- ffSßffijwßMgL vak capital of Bratislava, life is if jfflt Premiere 12 This documentary looks at the
      1,155 words
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  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 c.gppnsr. > ywr (I j\jST CUCK ON RUBBISH^ I tVOJGHT NOO OO&MT "ON I R P«\h)T CX/T J V Knou) ISVtyped >#00« TV Woe Avrgp MCXJ V OfJ MV PC- Vy (^SIEnT) DOONESBURY FLASHBACKS GARRY TRUDEAU sotsAvnm&yeKiDom me -mum rows. ihapnt 5R iuhthm, *££**Jf mptm! at tarn,nemo* apr**afnwi*mA6ftem ewe#* ZZsZZc
      61 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Lock icon Political risks put Afta 2000 on back burner
      1231 13  -  Brunei's bold bid for tariff-free region by turn of century proves too fast for most of its fellow Asean members AFTA WRAP-UP By Yang Razali Kassim The writer is BT's regional analysis editor IT BEGAN with a bold call by the Sultan
      Source: Asean Secretariat  -  1,231 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      113 13 TO. amooncenwK appear, matter mSSSt September 1995 •i JBBbl |W| Kingdom of Sweden (Repn—nfd by Wkag&kkomont) DEM 1,000,000,000 6 per cent. Notes due 2000 Deutsche Bank Akttengesellsclwft NOMURA BANK (Deuttchland) GmbH Banoue Psribas (Deutschlancft oHG Cotiiiniiibwk AlctitnomMichrfl CS First Boston EffscMank Aktienaesetlscfcaft Dthvs Europe (Deutschiand) GmbH Drsadnsr BankAMsngaeeHschaft Lehman Brothers
      113 words
    • Advertisement
      Page 13 Advertisements Column 2
      80 13 Ever\ step well-orchestrated to give voii outstanding performance Norstar key telephone system comes with a unique LCD Window that guides you step by step through its many outstanding features. Making it easy to make, take and manage calls And as your business grows, you can add options like the Norstar
      80 words
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  • Article
    Lock icon US current account deficit widens to record US$43b
    401 14 Reuter, Bloomberg Business News WASHINGTON The deficit in the broadest measure of United States trade widened to a record U5543.62 billion (Ss62 billion) from April through June. The Commerce Department said yesterday that the second-quarter shortfall on current account, was up sharply
    Reuter,; Bloomberg Business News  -  401 words
  • Article
    Lock icon US wholesale prices shed 0.1% in August
    221 14 Reuter, AP WASHINGTON Wholesale prices fell slightly in August, the Labour Department reported yesterday, adding to the belief that inflation pressures have laigely been wrung out of the economy. The Producer Price Index fell 0.1 per cent last month, after being unchanged in
    Reuter,; AP  -  221 words
  • Article
    Lock icon Slim chance of Leeson being sent to UK
    142 14 Reuter LONDON The lawyer for Nick Leeson, the trader who broke Britain's oldest merchant bank, said yesterday the odds of him being sent home and avoiding extradition to Singapore looked slim. Stephen PoHard also said the UK's Serious Fraud Office had refused
    Reuter  -  142 words
  • Article
    Lock icon Ex-minister Hurd to take top City job
    133 14 AFP LONDON Britain's former foreign secretary Douglas Hurd is to take a top job in the City of London, it emerged yesterday, as Nat West bank announced his appointment as deputy chairman of its investment banking subsidiary. Mr Hurd, who quit his post
    AFP  -  133 words
  • Article
    Lock icon Dollar pushes above 101 yen in London
    324 14 Reuter, AFP, UPI LONDON A reinvigorated dollar crashed through the 101 yen level an eight-month high yesterday and looked set to scale new heights as overseas funds went on a buying spree for the US currency. The dollar was trading at 101.05 yen
    Reuter,; AFP,; UPI  -  324 words
  • Article
    Apec officials mum on progress of talks on free trade draft
    278 14  -  Fraa Quak Hiang Whai in HONGKONG SENIOR officials of Apec member countries began meeting here yesterday to improve on the draft of the action agenda for the Bogor declaration on free trade and investment but most delegates were mum
    278 words
  • Article
    Lock icon Honda to invest US$280m in Indian joint venture
    179 14 Reuter NEW DELHI Japan's giant Honda carmaker said yesterday it would invest US$2BO million (SS4OI million) over seven years in an Indian car venture, joining a growing list of world majors seeking a slice of an expanding market. At the same time,
    Reuter  -  179 words
  • Article, Illustration
    The spirit of Seattle vs the mood of Washington, DC
    783 14  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent IHAVE just returned to the city Americans love to hate Washington, DC after spending a weekend in my favourite American city, Seattle, the thriving trade centre of
    783 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      198 14 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute. There is no mistaking elegance. Which, of course, leads to the question, where can you find a Piaget? Ptagrt Mo, UK ydlow gold. Set with diamond and onyx inlaid gold dial,
      198 words
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      Page 14 Advertisements Column 2
      225 14 For stortos, quizzes songs, call Children's Funland on 1900-910-0001 at 30 cents a minute. MANDARIN FOR GENERAL MANAGERS Total Language Services For Local and Foreign Companies Improve your business vocabulary and also your marketing brochures. We offer in-house Business Mandarin classes for Singapore executives and quality translation of the materials
      225 words
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  • COMPANIES & MARKETS
    • Article
      JC-MPH sells warehouse for $38.5m in lease-back deal
      382 15  -  By Michelle Low SINGAPORE Jack ChiaMPH has sold its four-storey warehouse in Tagore Drive to Indonesian C C Liem for $38.5 million with a sevenyear lease-back arrangement. The buyer of the Upper Thomson property is believed to be part of the Indonesian
      382 words
    • Article
      KL securities body draws up rules for forming unit trusts
      274 15  -  Brokers setting up funds must follow strict conduct Fran Ruth Wong in KUALA LUMPUR 4* MALAYSIA'S Securities Commission has drawn up a list of Stringent requirements that stockbroking firms must comply with before they will be allowed to set up
      274 words
    • Article
      ACI allots 61% of public offer shares to small investors
      328 15  -  By Ven Sreenivssan SINGAPORE Acer Computer International has allocated the lion's share of its share issue to small investors. At its balloting yesterday, the company reserved some 61 per cent of its public offer tranche to investors who applied for
      328 words
    • Article
      FCC-led group joins Delhi tech park venture
      493 15 SINGAPORE A consortium led by First Capital Corp has entered a joint venture agreement to develop a massive technology park near New Delhi, India. The consortium First Capital Property Ventures (FCPV) will develop 28 ha of land at Guigaon, Haryana, with two partners
      493 words
    • Article
      Compelling soap opera shows the seamier side of M'sian corporate life
      937 15  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR The Insas/Ayer Molek Rubber Co tussle makes a compelling script for a TV mini-series on the ugly side of Malaysia's corporate scene that is seldom subjected to the public gaze.
      937 words
    • Article
      Khong Guan and Hiap Huat get nod for Cambodian tie-up
      13 15  -  By Harish Mehta
      13 words
    • Article, Illustration
      Singmarine wins $34m deal to build 2 tankers
      181 15 SINGAPORE Keppe! Corp stable member Singmarine Industries has bagged a $34 million contract to build two coastal tankers for a British company. Singmarine said yesterday subsidiary Singmarine Dockyard Engineering had won the job from FT Everard A Sons. Everard also has an
      181 words
    • Article
      MARKET MOOD Firm
      51 15 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 Lvonnais Securities, Daiwa, Fraser. G K Goh, Kay Hian, Morgan Urenfell, Ong Co, Nomura. Phillip. Smith New Court. WI Can and SG
      51 words
    • Article, Illustration
      HOT STOCK
      92 15  -  By Shiv Taneja PROMET Bhd, the most active counter yesterday with more than 16 million units traded, looks headed to trade in a very tight band around its present level of $1.36. There are no clear signals from either the RSI or stochastic charts, but the MACD chart
      92 words
    • COMPANIES
      • Article
        Grand Central to buy NZ hotel
        76 16 SINGAPORE Grand Central (NZ) has signed a contract with Auckland Airport Hotel to buy the Quality Hotel at Auckland Airport for NZ519.15 million (S$ 17.9 million). Hotel Grand Central or its nominee will be the operator and manager of the business for 10 years,
        76 words
      • Article
        York Pacific's earnings up 25%
        66 16 SINGAPORE York Pacific has lifted its interim net earnings jo $901,000 for the six months to June 30, up 25 per cent from $721,000 in the same period last year. Turnover was up 42.5 per cent to $20.6 million, from $14.4 million previously. No dividend
        66 words
      • Article
        DBS unit raises stake in Indon firm
        50 16 SINGAPORE Amethyst Holdings, a wholly-owned subsidiary of DBS Land, has bought a further 1,600 shares representing another 10 per cent stake in Jakarta-based PT Amethyst Wahyu. The additional investment increases the Singapore company's stake in the Indonesian property developer to 95 per cent.
        50 words
      • Article
        Lock icon Jaya Tiasa's profit up
        59 16 Bernama KUALA LUMPUR Jaya Tiasa Holdings Bhd yesterday reported a 912 per cent increase in group pre-tax profit for the year ended April 30, 1995 to M$ 100.555 million (5557.3 million) from M 59.933 million previously. The company said that group turnover rose 277 per cent
        Bernama  -  59 words
      • Article
        Lock icon Ho Hup sells 50% stake in PHH
        68 16 Bernama KUALA LUMPUR Ho Hup Construction Company Bhd is selling a 50 per cent interest, or one million M$ 1 ordinary shares, in Pati Ho Hup Sdn Bhd (PHH) to Pati Sdn Bhd for Msl2 million cash. PHH's main activities are quarrying, manufacturing
        Bernama  -  68 words
      • Article
        Eng Wah spots more cineplex sites
        220 16 SINGAPORE Eng Wah Organisation says its joint venture with Shaw Brothers has identified several sites for multiscreen cinemas. In its latest annual report released this week, Eng Wah said Show Theatres in which it owns 25 per cent is negotiating to lease the sites.
        220 words
      • Article
        Untitled
        598 16 Naagm'prim Sep 13 Mcndaki Gr Fund 1.00 l.03xdg US Gr Fund 1.14 III* Tj i.62 UOB Asset Mgt Ltd ■J*. The Saving Fund 1.48 1.37 Unifund 1.39 1.43 K- S'porc Prog Fund 0.60 0.64 Unibond-f- 1.06 1085 Sf S'porc See Fund 0.90 0.93xd United Gr Fund! 1.58 1.65jf. S'porc Invest
        598 words
      • Article, Illustration
        Tambang Timah to raise US$200m from IPO
        496 16  -  By William Chia SINGAPORE Indonesia's largest state-owned tin-mining company Tambang Timah is planning to raise about US$2OO million (Ss2B6 million) through an initial public offer (IPO) of 176.16 million shares next month. Company president Erry Riyana Hardjapamekas, who was in Singapore yesterday as
        496 words
      • Article
        Cambodia drafting securities law, plans bourse by 1997
        610 16  -  By Harish Mehta SINGAPORE Plans to set up Cambodia's first stock exchange are taking shape, with sights set on 1997 as the launch date, and a British financial consultancy drafting a securities law. Already a Thai-Cambodian joint venture bank has said it
        610 words
      • Article
        Lock icon Rashid Hussain diversifies income base
        185 16 Bernama KUALA LUMPUR Rashid Hussain Bhd is taking necessary steps to diversify its income base as the lower brokerage rates implemented since July 1995 will result in lower margins. "At the same time, we are embarking on a number of new ventures in line with
        Bernama  -  185 words
      • Article
        Lock icon Phoenix Pulp expects profit to be better than forecast
        451 16 Reuter BANGKOK Thailand's major pulp producer, Phoenix Pulp and Paper pic, expects to record a net profit of more than one billion baht (5556.6 million) in 1995, and stable growth in earnings next year. "According to our eight month performance, 1
        Reuter  -  451 words
      • Article
        Lock icon HL Bank chief sees loan demand boosting profit
        349 16 Bernama KUALA LUMPUR Hong Leong Bank believes it can continue to perform well in the financial services industry by providing better services and more competitive products. The bank's chairman Quek Leng Chan said despite keener competition within the industry, the loan demand
        Bernama  -  349 words
      • Article
        Lock icon Magnum denies subsidiaries probed over HK share sale
        159 16 Bernama KUALA LUMPUR Magnum International Holdings Ltd yesterday announced that none of its employees, subsidiaries or the company itself is under investigation in relation to the unauthorised sale of shares in Hongkong. It said in a statement that in recent months, its
        Bernama  -  159 words
      • Article, Illustration
        Lock icon Qantas has edge over Ansett, say analysts
        434 17 Reuter SYDNEY The media blitz to propel Qantas Airways Ltd's public float has buttressed the airline's domestic market share, a trend analysts said should continue as it adopts a leaner approach to competition as a publicly listed company. The main victim is Ansett
        Reuter  -  434 words
      • Article
        Lock icon HK property giants to team up for HK$7b project
        106 17 Bloomberg Business News HONGKONG Three of Hongkong's biggest property developers are planning to cooperate on a HK$7 billion (SSI.2 billion) residential real estate project, the Eastern Express reported. Henderson Land Development Co, Sun Hung Kai Prop- erties and New World Development
        Bloomberg Business News  -  106 words
      • Article
        Lock icon Hutchison sets up new HK phone company
        432 17 Discounts of up to 48% offered on international calls Bloomberg Business News HONGKONG Hutchison Whampoa Ltd has started a new fixed phone company in Hongkong, offering discounts of up to 48 per cent on international calls. The company will invest HKS3.S billion (*****.9
        Bloomberg Business News  -  432 words
      • Article
        Lock icon Reliance profit to rise 22%?
        111 17 Reuter BOMBAY Textiles and petrochemicals giant Reliance Industries Ltd is forecast to post a 21.9 per cent growth in net profits in the first half of 1995/96 (April-March), according to a Reuters poll of equities analysts. The poll of 17 securities and fund managers showed
        Reuter  -  111 words
      • Article
        Lock icon IBM backs video disc compromise plan
        101 17 Bloomberg Business News TOKYO International Business Machines Corp endorsed a compromise solution being proposed by the two corporate alliances battling to set the standard for next-generation digital video discs, the Nihon Keizai newspaper reported. In August, an alliance between Sony Corp and Philips Electronics
        Bloomberg Business News  -  101 words
      • Article
        Lock icon Aussie mining firm's profit up 2.4%
        62 17 Bloomberg Business News PERTH Australia's Mount Edon Gold Mines (Australia) Ltd said net profit rose 2.4 per cent to Aslo.l million (Ssl 1 million) in the year ended June 30. Per share earnings slipped to 15.7 cents from 15.8 cents a share earlier. The
        Bloomberg Business News  -  62 words
      • Article
        Lock icon Sega to make foray into multimedia
        71 17 Reuter TOKYO Video-game maker Sega Enterprises Ltd said that from around April 1996, it will begin selling Sega Saturn game machines that can access computer networks including the Internet. A spokeswoman for the firm said this represented Sega's first move into the multimedia business.
        Reuter  -  71 words
      • Article
        Lock icon Michelin triples first-half earnings to 1.5b francs
        352 18 AFP PARIS Michelin more than tripled net consolidated profits in the first half to 1.510 billion francs (***** million), the company said yesterday, im- plying that it was on course to make 2.3 billion francs this year. The company, which manu- factures tyres
        AFP  -  352 words
      • Article
        Lock icon Fisons posts 41% rise in 1st-half pre-tax profit
        211 18 Bloomberg Business News Fisons pk, the drug company fighting a hos- /ste US$2.6 billion (553.7 bilbid from Rhone-Poulenc «orer Inc, said first-half pre- Ox profit, before exceptional increased 41 per cent to 57.6 million (5583.4 million). Fisons said its six-month re- «plts
        Bloomberg Business News  -  211 words
      • Article
        Lock icon Heinz posts 13% profit rise
        449 18 Newly acquired businesses boosted first-quarter net income to USsl74.sm Bloomberg Business News PITTSBURGH HJ Heinz Co said its fiscal first-quarter profit rose 13 per cent, aided by sales from recently acquired businesses. The Pittsburgh-based maker of condiments and weight watchers' products said net income in
        Bloomberg Business News  -  449 words
      • Article
        Lock icon Nestle to buy Nabisco Holdings' Ortega line of Mexican foods
        268 18 Bloomberg Business News VEVEY, Switzerland Nestle SA has agreed to buy Nabisco Holdings Corp's Ortega line of Mexican foods for an undisclosed amount of cash. Ortega products include shelf-stable salsas, Chile peppers, taco shells, taco sauces and seasonings, dinner kits
        Bloomberg Business News  -  268 words
    • FINANCE
      • Article
        Lock icon Aussie bank looks to Asia after profit jump
        441 19 Earnings at Commonwealth Bank surge 44% to As9B3 m AFP, Reuter SYDNEY Commonwealth Bank of Australia Ltd, buoyed by a 44.1 per cent rise in annual net profit, said yesterday it was on the lookout for expansion in Asia. The bank said
        AFP,; Reuter  -  441 words
      • Article
        Lock icon Chase to enter commercial property loan securitisation business
        263 19 Bloomberg Business News NEW YORK— Chase Manhattan Corp said it will re-en-ter commercial real estate lending with a plan to carve-up such loans into securities for sale to investors. The New York bank will begin making long-term loans to small shopping centres
        Bloomberg Business News  -  263 words
      • Article
        Lock icon Dresdner Australia to move forex operations to S'pore
        170 19 Reuter SYDNEY Dresdner Australia, a subsidiary of Germany's Dresdner Bank, said it is shifting its European currency dealing operations to Singapore. However, the bank said it would retain in Sydney its Australian dollar dealing desk. Dresdner Australia managing director John Pattinson told
        Reuter  -  170 words
      • SMALL CHANGE
        • Article
          Lock icon World Bank's mark-denominated bond
          87 19 Reuter TOKYO The World Bank may finalise the terms of its mark-denominated jumbo global bond as early as this week, an official of the bank's Tokyo branch said yesterday. The bank has not yet set the maturity but it prefers a seven-year issue. "Our priority is
          Reuter  -  87 words
        • Article
          Lock icon BZW raises US$21m for Taiwan fund
          74 19 Bloomberg Business News HONGKONG BZW Investment Management Hong Kong Ltd has raised US$2l.3 million (5530.3 million) of funds for its Taiwan Index Fund, fund manager Simon Chan said yesterday. Started in 1991 and now worth US$l2O million, the fund tracks the movements of Taiwan's
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Shanghai to let in more foreign insurers
          80 19 Bloomberg Business News SHANGHAI More foreign insurance companies are about to be allowed to sell policies in Shanghai, the official China Daily yesterday quoted an official of the People's Bank of China as saying. Di Weiping, director of the bank's foreign financial institution
          Bloomberg Business News  -  80 words
        • Article
          Lock icon NZ delays launch of Sycom till Oct 16
          84 19 Reuter WELLINGTON The New Zealand Futures and Options Exchange yesterday said the live launch date for Sycom New Zealand would be delayed until October 16. The New Zealand version of Sycom the Sydney Computerised Overnight Market is a trading system the NZFOE
          Reuter  -  84 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China to launch 300 large coal projects
        413 20 Move represents bid to further open sector to foreign investors SCMP HONGKONG The Chinese Ministry of Coal Industry says it will launch 300 large-sized joint ventures or cooperative projects this year, in a bid to open more areas for overseas investors. Wang Senhao,
        SCMP  -  413 words
      • Article
        Lock icon Australia's new 13-year bonds fetch 8.994% at sale
        276 20 Bloomberg Business News SYDNEY The Australian government sold A 5596 million (***** million) of new 13year bonds, maturing Aug 15, 2008, at an 8.994 per cent average yield. Bids for the 8.75 per cent coupon bonds ranged from 8.97 per cent to
        Bloomberg Business News  -  276 words
      • Article
        Lock icon HSBC opens first branch in Vietnam
        188 20 AFP HANOI Hongkong Bank opened its first branch in Vietnam yesterday in Ho Chi Minh City, taking a bite of a market already crowded by foreign banking institutions. Hongkong and Shanghai Banking Corp Ltd (HSBC) which has had representative offices in Hanoi and Ho
        AFP  -  188 words
      • Article
        Lock icon Colombia cuts foreign reserve requirements for banks
        205 20 Reuter BOGOTA Monetary authorities have decided to eliminate the foreign reserve requirements of Colombia's banks, freeing them to hold all of their assets in local currency, the country's central bank said. It said the foreign currency reserve requirement would be cut gradually over
        Reuter  -  205 words
      • Article
        Lock icon Ghana: EU move on non-cocoa fats will hurt prices
        213 20 Reuter LONDON Any move by the European Union (EU) to allow non-cocoa fats in chocolate would be "most unwelcome" given the current overhang of cocoa stocks, Ghana trade and industry minister Emma Mitchell said. Ms Mitchell, also chairman of the Cocoa
        Reuter  -  213 words
      • Article
        Lock icon Oil prices firm ahead of release of US stock data
        265 20 ENERGY REPORT Reuter LONDON Oil prices firmed yesterday ahead of the release of weekly US stocks data, with traders seeing the market rudderless until then. "The market is drifting into the doldrums," said an oil analyst. "Overall, look for more
        Reuter  -  265 words
      • Article
        Lock icon Currency Reports:London
        309 20 Reuter LONDON The dollar sustained its overnight break above the psychologically important 100 yen level in Europe as the yen slid across the board amid fresh signs Japanese investors are moving overseas. Heavy yen selling by Japanese life and pension companies was seen overnight against the dollar, mark
        Reuter  -  309 words
      • Article, Illustration
        Untitled
        1383 20 rrode-weighted index calculated against S'pare'i lap 14 trading partners. Base year IMS US$/S$ forward rates Noon Sep 12 s$ BM OOtr 1-month ***** 1.4290 2-month 1.42)0 1.426) 3-month ***** 1.4233 6-month 1.4120 1.4140 Source: OCBC FOREIGN CURRENCY NOTE RATES As at Sm m Sap 11: Singapore dollars to oae unit
        1,383 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen edges down, Eurodollars inch up
        1335 21 Reuter SINGAPORE Simex Euroyen futures closed slightly lower and Eurodollar futures a shade higher in thin trading yesterday. Dealers said Euroyen contracts were shored up by firm but volatile Japanese government bond (JGB) futures. The December JGB settled at 119.2S against its opening at
        Reuter  -  1,335 words
      • Article
        HK gold firms on late buying
        695 21 COMMODITY REPORTS Gold HONGKONG: Gold closed slightly firmer on late overseas buying but trade was still thin. Gold ended at U*****.70/383.20 an ounce, up slightly from New York's U*****.50/383.00 close and the local opening of U*****.20/70. "Late buying interest following a firmer tone on
        695 words
      • Article
        World steelmakers to meet in Brazil
        87 21 BRUSSELS The International Iron and Steel Institute will hold its annual meeting on Oct 2-4 in Rio de Janeiro, Brazil, with a key agenda item being advanced technology which may allow a reduction of use of the metal in car construction, the Brussels-based lIS
        87 words
      • Article
        Indian coffee set at 300,000 tonnes
        104 21 COONOOR, India India's coffee production is likely to climb to 300,000 tonnes by 1997-98 (OctApril, harvest months) from 180,000 tonnes in 1994-95, an official of the state-run Coffee Board said on Monday. The board had set a 300,000tonne target to be achieved in 2000.
        104 words
      • Article
        Mitsui wont transfer technology
        75 21 NEW DELHI Japan's Mitsui Engineering Services Corp (Mesco), has refused to transfer basic engineering technology to Indian copper company, Hindustan Copper Ltd, without an irrevocable letter of credit, a senior Mines Ministry official said. The refusal has delayed the state-run Hindustan Copper's plan to expand the
        75 words
      • Article
        Samsung eyes Bolivia tin ore
        50 21 TOKYO South Korea's Samsung Corp has bid to buy all of the processed tin ore concentrate now available for export in Bolivia for an undisclosed price, a company official confirmed yesterday. Samsung hopes to ship the concentrate to smelters in Malaysia and Brazil for refining.
        50 words
    • Article
      COMMODITY PRICES
      1416 21 SICOM Futures Sep 12 Ruhhufl* 1 rifwcii mew (Mm daaiac as at 5.30pai) 8aMar» KSS I Caatract (S cents/kg) As at 12 aaaa (S cents/k*) Close Volume Open Month High Low Sen (tonnes) Interest RSS 2 Oct 95 191.50 I92.50N Oct 95 189.00 184.00 189.00 525 1625 RSS
      1,416 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        897 22 +1.2 SHARE prices closed slightly firmer yesterday as overseas investors ignored the bourse in lacklustre trading. "There's just no apparent overseas interest in our market at the moment either as buyers or sellers," said a broker. The All Ordinaries Index climbed I.2j)oints to 2,145.0. The All Industrials rose 7.6
        897 words
      • Article
        Taipei
        500 22 +3.93 Share prices barely changed yesterday on a continuing consolidation amid cautious sentiment, with textile shares posting the largest gain. "Investors remained cautious over the short-term outlook of the market. Late buying somewhat helped recover early losses," said a dealer. The 321-issue Weighted Price Index rose 3.93 points to
        500 words
      • Article
        Manila
        582 22 -13.86 Share prices dropped yesterday as fears of rising inflation and a sluggish economy deterred investors. "Higher inflation rate and a possible slow down of the economy by the second half are still among the major worries of the market," said a trader. The PSE Composite Index lost 13.86
        582 words
      • Article
        New Zealand
        326 22 +7.59 Shares were mildly firmer yesterday by the end of a subdued, shortened session. The NZSE-40 Capital Index ended the day 7.59 points higher at 2,121.19 on light volume of NZ$2B.5 million. Morning trading was disrupted by computer failure exchange, but brokers said it was not a cause
        326 words
      • Article
        Seoul
        445 22 +1.3 Stock prices closed higher yesterday amid a tug of war between bargain hunters and profit takers. The Composite Price Index inched up 1.3 points to 952.28. Turnover was 36.83 million shares valued at 626.15 billion won. Rises beat falls by 666 to 176 while another 113 counters ended
        445 words
      • Article
        Bombay
        72 22 -11.62 Share prices drifted lower in auiet and cautious trade yesteray as the Securities and Exchange Board of India held a key board meeting in the afternoon. The BSE-30 Index closed 11.62 points lower at 9,316.64. Traders said the market was awaiting the outcome of the Sebi board meeting
        72 words
    • WORLD STOCK MARKETS
      • Article
        London
        705 22 •13.4 EQUITIES ended mostly easier as the market paused for breath after its recent record breaking run. Dealers expect the FTSE to continue to consolidate in the nearterm before attempting an assault on its all-time high. "The market could go any way this week but once the latest round
        705 words
      • Article
        Paris
        136 22 +3JB French shares finished up but off the day's best as buying in futures steered the cash market higher. After a weak opening, on softer bonds and franc, the September contract rallied at 1,863 and headed upwards. The market was not impressed by planned government measures to tax earnings
        136 words
      • Article
        Frankfurt
        218 22 +10.04 German shares pared some gains in late post-bourse Ibis electronic dealings after rising in bourse dealings, mainly due to a weaker dollar. Traders said the market was in a period of consolidation after dropping on Monday due to worse-than-expected results at Daimler. The DAX Index closed at 2,270.83,
        218 words
      • Article
        Brussels
        147 22 -0.25 Belgian shares closed slightly lower in a subdued session dominated by some profit taking. The Bel-20 Index ended 0.2S points lower at 1,469.37 on volume worth 980 million francs. "No-one wants to take positions until the budget is fixed or if the dollar moves," one dealer said. Brussels
        147 words
      • Article
        Johannesburg
        352 22 +7.9 South African shares rose in continued bullish trade, a mood dealers said could continue for some days and at least until the futures close-out on Friday. A dealer said foreign investors had dominated buying of gold shares yesterday on renewed confidence of further rises in the bullion price
        352 words
      • Article
        Toronto
        234 22 +5.36 Stocks opened mixed, with cyclical stocks providing the only luster in a weak market, dealers said. "Metal prices have been firming up and that seems to be the only game in town," one dealer said. The TSE 300 was up 5.36 points at 4,598.18 in volume of 19.50
        234 words
      • Article
        New York
        681 22 12.33 Stock prices edged higher in active trading early yesterday as bonds rallied following an encouraging report on inflation at the wholesale level. The Dow Jones Industrial Average, which inched up 4.22 points on Monday, was ahead 12.33 to 4,717.27 at 1 lam EDT. The key barometers advance
        681 words
      • Article
        Milan
        181 22 +0.41pc Italian shares closed higher helped by short covering in struggling technology and information group Olivetti and also in Ferruzzi, while a firmer Italian bond market gave support. Olivetti shares bounced back from Monday's sharp fall to end up 6.4 per cent at 1,370 lire helped by the covering
        181 words
      • Article
        Amsterdam
        211 22 +0.67 Dutch shares closed mixed in moderate volumes as the market continued to consolidate after hitting new all-time highs last week. The AEX index closed 0.67 points higher at 467.99. Dealers said sentiment remained good and predicted further gains once the consolidation is completed. Amsterdam Sm 12 Fb ABN
        211 words
      • Article
        Stockholm
        105 22 -21.65 Swedish stocks ended lower after a week-long streak of record-breaking closures, but brokers said late session positive sentiment could jack up share prices today. "The market is in a positive mood generally. There could be fresh interest in the forestry sector," one said. The OMX Index closed 21.65
        105 words
      • Article
        Zurich
        222 22 +4.2 Swiss shares ended slightly firmer in mostly moderately active trading. Dealers said prices mostly moved in a narrow range. Neither stronger bond futures nor better-than-expec-ted US price data could give the market direction. The SMI Index of leading shares closed up 4.2 points at 2,990.5. The Allshare SPI
        222 words
      • Article
        Untitled
        596 22 Britannia Funds Staftiac Cask Bid Ofler Mim Cap Depout H.H00 M 6500 Mim Jerwv Cjiil .0.119) 0.1992 Mim Ma* Income •0.4200 "0:9600 USS Caall Income Phn Fund *9 1500 *10 3700 S Reserve Fund •5 5400 *5 5700 i£!a£S£._ 0 4592 a«9M Far Eau Fund *2.7*50 ****** Mao Portfolio *****
        596 words
    • Article, Illustration
      Lock icon HONGKONG
      2473 23 Bloomberg Business News HONGKONG Stocks were mixed as a slump in Cathay Pacific Airways balanced a rally in property shares. Optimism that interest rates will soon decline helped boost the benchmark index. Cathay Pacific fell after Citic Pacific sold 2 per cent of the airline's stock. The sale fuelled
      Bloomberg Business News; Source: Bridge Info  -  2,473 words
    • Article, Illustration
      Lock icon CHINA
      526 23 CLSA IN Hongkong, the H share index lost 5.26 points to 1,047.12 on moderate turnover. Without any solid news coming from Beijing about credit easing, investors remained cautious towards H shares which reported woree-than-expected interims. After gaining 3.S per cent on Monday, Hai Xing Shipping closed 2.2 per cent
      CLSA  -  526 words
    • Article, Illustration
      Lock icon TOKYO
      2454 23 Bloomberg Business News TOKYO Stocks were little changed as optimism about government plans to stimulate the economy with new spending offset concern over sluggish economic growth, traders said. The Nikkei Average lost 13.94 points to 18,472.17 The Nikkei 300 Index rose 0.14 to 272.01. The Topix Index picked up
      Bloomberg Business News; Source: Bridge Info  -  2,454 words
    • Article, Illustration
      Lock icon BANGKOK
      1427 23 Reuter BANGKOK Stocks drifted on slim turnover through the day but finished slightly up at the day's high after a late rally on selective bargain hunting, brokers said. The SET Index finished 3.61 points higher at 1,289.43 on 2.3 billion baht turnover. Rises beat falls 128 to 118. "Volume
      Reuter; Source: Bridge Info  -  1,427 words
    • Article, Illustration
      Lock icon JAKARTA
      1160 23 AFXAsia JAKARTA Share prices closed higher in moderate trade, supported by a technical rebound in selective large cap stocks. The Composite Index closed 1.82 points higher at 487.26. Declines outnumbered gains 44 to 30. Turnover was 55,431 lots, valued at 84.425 billion rupiah. The index is vet to be
      AFX- Asia; Source: Bridge Info  -  1,160 words
    • Article
      CLOB INTERNATIONAL
      2459 24 Gr Gr IMS Latf Val Day Lart Qm DH Db YM NH M Cap H%h Law Staa Cnnmj Sate (108) H%h Low Bayer SHkr Or P/E Ml MALAYSIAN STOCKS 471 196 m MOO AIS8 50c J96 -II 21 41* 396 396 406 3 0 -2.9 0 2 406
      2,459 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Mahathir's inflation talk fails to stir investors
        6753 24 AFXAsia KUALA LUMPUR Stocks closed lower yesterday, under pressure from concerns over inflation and with the Prime Minister's remarks about curbing price rises apparently failing to reassure investors. The KLSE Composite Index closed 2.49 points lower at 986.66. The Emas Index was down
        AFX- Asia; Source: Bridge Info  -  6,753 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8556 25 Gr Gr M Wl IMS Lm) Vk Day LakQaele DJ» Dt» YM Net Caa A»1 H** U> SIM Cempeay Sak <1M) High Lm ■"T" SeHec Or p/E tail Price mm m iii i and c—mncui 520 Mi ml 1000 Acme 50c 500 cd +2 MS 520 4M 300 33 10.5
        8,556 words
      • Article, Illustration
        Lock icon Clob counters expected to rebound after SES move
        1781 26  -  By R Sivanithy SINGAPORE Lethargy, indifference and a lack of genuine interest continued to dog the local stock market yesterday, leaving prices lower across the board. But a rebound in Malaysian counters traded on Gob International is possible today, after the Stock
        Source: Bridge Info; Source: Bloomberg  -  1,781 words
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      462 15 NEWS VALUE S'pore exchange unveils plans to keep Clefe afloat (pg 1) Expect cautious enthusiasm, even from investors who have left Clob for dead. Teag Feng wins YMS battle, Quek Leaf Chan accepts efler (pg 1) The course open to YHS minority shareholders is clear. But news won't do Orchard
      462 words
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      161 16 j There Are Two Ways To Have An Authentic Swiss Meal. K Ours Doesn't Involve Al2 Hour Flight. From August 30 to September 24, the Goodwood Park's Gordon Grill and Cafe L'Espresso are going Swiss. Savour Smoked Trout with Apple Horseradish and Smoked Coarse Pork Sausage with Leek Potato Stew
      161 words
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      157 17 100% of the issued units in the Pbnnant Property Trust No 2 sole property asset The Durack Centre 263 Adelaide Terrace Perth Western Australia Situated at one of the busiest junctions in tke ftrth iff f»| Central Business District, this award winning building offers: 94% tenant occupancy Uninterrupted river views
      157 words
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      454 18 BUSINESS TIMES TOLL-FREE TEL. No: 1-800-741-1883 FAX: 741-1298 SI ¥5' > I Jr §r j j| fyi I Corporate Investment I Director I MCS***** I Our client is a dynamic conglomerate which is growing at a I phenomenal rate. It is committed to a long-term programme I of growth and
      454 words
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      Page 18 Advertisements Column 2
      564 18 Stl9 HARIMAU investments limited felß(Sfcy (Incorporated In tf» RapuMc of Singapore) ANNOUNCEMENT The Board of Directors of Harimau Investments Limited wishes to make the Mowing announcement: 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1995 GROUP COMPANY Six Months Ended IncH Six Months Ended Incr/ 30.06.96 30.06.94 (Deer)
      564 words
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      523 19 COME TO THE PREMIER EVENT FOR THE ASIA PACIFIC REGION Grain Processing Asia '95 Feed Ingredients Asia '95 SINGAPORE INTERNATIONAL CONVENTION 8C EXHIBITION CENTRE MP: SUNTECOTY, SINGAPORE 19 21 September GRAIN PROCESSING ASIA '95 FEED INGREDIENTS ASIA '95 FLOUR MILLING AND CEREAL PROCESSING AQUACULTURE NUTRITION WEDNESDAY 20 SEPTEMBER 1995 TUESDAY
      523 words
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      365 19 AGRICULTURAL COLLABORATOR" OPPORTUNITIES IN ANDAMANS' An Indian Company with approximately 1400 acres of agricultural land in Andaman Islands is interested in seeking technical and commercial collaboration from South East Asian companies/agencies established in the activities of cultivation and trading agro based commodities, particularly fruits like rambutans, bananas, melons, pineapple, papaya]
      365 words
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      923 20 TOLL-FREE TEL. No. 1-600-741-1883 FAX 741-1298 PAN PACIFIC PUBLIC COMPANY LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 24th ANNUAL GENERAL MEETING OF PAN PACIFIC PUBLIC COMPANY LTD will be held at No. 16 Fan Yoong Road. Singapore 2262 on
      923 words
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      32 20 20 WEEKEND FrVSit 3DPENANG SM 3D WEEKEND Frl 4DPENANG/K.L. Tue 6D PHUKET/K.L./MEDAN Sun m 1 25 PSI 345 9090 *81-34 Parkway Parada I 538 ***** •81-12 Paopta'a Park Centra I 223 *****
      32 words
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      16 20 To CQKk the or «nte+jtik Wizard's crystal caM Tlie-Games on 1900-911-0003, at 30 cents a minute.
      16 words
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      162 21 I With a worldwide team of 125 multi-disciplined B I professionals and a network of international offices, B OCRA provides confidential and cost effective company B B formation in all the major low tax areas including: B •BRITISH VIRGIN ISLANDS "CAYMAN ISLAND I 'IRELAND •MAURITIUS JERSEY B •SEYCHELLES "WESTERN SAMOA
      162 words
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      20 21 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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      59 23 SCRIBE HAND-MADE BY BALLY limited series of hand-made welted shoes uses fine French Calf leather and traditional craftsmanship 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy fitted with beech wood shoe trees J 12-month warranty $1,081.50* complete overhaul within 3 years of buy
      59 words
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      55 25 V* vT* g Five Arrows Asian Enterprise Trust f t>Wv.~ >•., -■-t. v vf-' iKfIBM I'rospocl us and application loims available I'm in ('ililiank al IMjUMII ia()<)-22r>-r>22r> and Standard Cliarlnmd I'.ank al If4()()H:iT» i T> 2 2. •> >£, v igjjf v *;.y 1 1 '111' CI I"I II '111--
      55 words
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      743 26 M i i ]> VTI- 9 III Tl" lufflilf T'f.' *-<& \tt M2' v **qby *C» k? 1 IflS3t ~i:S v *5 ISH I in .a■ r M THE MATTER OF THE COMP AMES ACT, CAP. 10 AND M THE MATTER OF OTO TRADERS PTE LTD NOTICE OF SPECIAL RESOLUTIONS
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      66 26 tlngsyorB dosing Shara PHcm 12/09/1M6 CLOM PM LOW HMD IMS M W UM kjSfifl weUsLXTtre* tn* TS ijT uT 0t4M M| 04M MM Pubtahed by J«rdm« Fleming international Securities Lnrted (Incorporated in British Virgin Island) |t\lnfoUne Numbers, Mensa Puzzles, Prizes and 111 ■More- Chock It out on Internet-> p§| L
      66 words
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  • SNSA 10th ANNIVERSARY
    • Article, Illustration
      10 years on... and steaming ahead
      342 27  -  By Rahita Elias the Singapore National Shipwas formed with the rrieiger of five shipping associations Mhen in existence. It was believed then that a larger umbrella grouping could better serve the industry's needs. Through the association, the industry could speak effectively with one voice
      342 words
    • Article, Illustration
      Time to be more than just a regional shipping centre
      2623 28  -  SNSA president Lua Cheng Eng speaks to Thomas Wee about the association's hopes and priorities, and elaborates on why Singapore should now take the next big step forward Thomas Wee SNSA's declared role has always been to help, promote aadenhance
      2,623 words
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      Promoting Singapore as a maritime hub
      996 30  -  Daniel Tan traces the evolution of the Singapore National Shipping Association from its roots in the early '50s to the present umbrella group which works closely with government agencies and regional shipping bodies Daniel Tan The writer is SNSA executive director HE Singapore National
      996 words
    • Article
      Asia-Pacific conference on shipping opens today
      263 30 THE Asia-Pacific Seatransport Conference is a major event in the international shipping industry's calendar. The conference was first launched by Hongkong's Institute of Seatransport Ltd in 1987. Since then the biennial event has been held in various other Asian cities Taipei, Hangzhou and Seoul.
      263 words
    • Article, Illustration
      Shipowners find it pays to fly Singapore flag
      906 32  -  Over the past 10 years, the ship registry here has seen a significant growth. Tang Koon Heng reports Tang Koon Heng The writer is manager, corporate planning department, Neptune Orient Lines Ltd SHIPPING, or sea transportation, is an international business with ships
      906 words
    • Article
      Bumpy ride forecast for those in shipping agency sector
      1188 32  -  Singapore is building a mega container terminal, but the shipping agency industry is declining, say Siaw Hooi Chuan and Chia Nang Seng Siaw Hooi Chuan,Chia Nang Seng The writers are from Jardine Shipping Agencies SINGAPORE expects over one-and-a-half million TEUs to
      1,188 words
    • Article, Illustration
      Frequency of oil spills causes grave concern
      1491 33  -  The race is on to find effective ways to stop such pollution killing off one of the world's busiest waterways, reports Veranique Ng Veranique Ng The writer is the SML corporate communications manager U iB THIS region's waters, at the crossroads of routes
      1,491 words
    • Article, Illustration
      PSA's investment in quality service pays off
      903 34 New terminal under construction will have state-of-the-art technology Singapore's port is one of its major economic lifelines. Managed by the Port of Singapore Authority (PSA), it is the world's busiest port in terms of shipping tonnage. At any one time, more than 800
      903 words
    • Article, Illustration
      S'pore will soon be Asia-Pacific cruise gateway
      818 35 Increasing number of cruise ships based here reflects growing confidence and commitment in the industry THE local cruise industry has arrived, judging from the first-half-year cruise statistics released by the Port of Singapore Authority (PSA). Moreover, the growth is poised to continue its
      818 words
    • Article, Illustration
      Fast, smooth sailing ahead
      1037 36  -  Bigger boats travelling to more destinations are the result of rapidly growing demand for services, writes Veranique Ng Veranique Ng The writer is corporate communications manager ofSML WHEN Singapore's ferry .ndustrybcgan in 1978, there was only one ferry operator which provided services between Finger Pier and
      1,037 words
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      Lock icon SBP lays down the rules
      853 37 Minimise disputes with bunker tankers by streamlining procedures "E i HE Singapore National I Shipping Association '•-A (SNSA), together with the 2f*ort of Singapore Authority (PSA), developed the Singapore Bunkering Procedure (SBP), for the benefit of the international shipping community and the bunkering industry in
      Source: PSA  -  853 words
    • Article, Illustration
      Boosting the bunker industry
      1196 37  -  Changes are imperative to maintain Singapore's No 1 position, writes John Ong John Ong The writer is general manager of KMP Coastal Oil PteLtd SINCE Singapore liberalised its bunker industry in September 1985, the republic has blossomed into one of the world's leading bunkering ports. In
      1,196 words
    • Article, Illustration
      Gearing up for growth in the next century
      1233 38  -  Port Klang, Penang and Johor are undertaking major expansion plans to meet increasing cargo volumes, Jimmy Yeow reports Jimmy Yeow The writer is a reporter witH Malaysia's Business Times FEW people would envy the position of the heads of Johor and Penang
      1,233 words
    • Article, Illustration
      Race is on to exploit regional, feeder prospects
      1361 39  -  Singapore must sharpen its edge to stay ahead of emerging competitors and grab ever-expanding opportunities, writes Kaw Jit Kee Kaw Jit Kee The writer (jirqiior and general manager j>fRCL Feeder/Pte Lid THE economic success of the Asian Tigers in recent years has
      1,361 words
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      New era of relationships
      762 40  -  The more able competitor will emerge from the fray stronger, says Andrew Goh Andrew Goh The writer is the director of North American Service,«. NOLu THE container liner shipping industry is mature and competitive, and has low profit margins and long-term players with sound financial and
      762 words
    • Article, Illustration
      Marine safety under scrutiny
      775 41  -  Just how is a ship classified and why? Thomas Tucker takes the issue on board Thomas Tucker The writer is the vice-president of corporate services, ABS WITH the rising concern over substandard ships, and marine safety in general, ship classification societies have come under closer scrutiny.
      775 words
    • Article, Illustration
      Silver lining in challenges facing Asian shipping
      1473 42  -  Growth has been continuous but Chiang Hai Ding discusses fallouts from Europe and the US Chiang Hai Ding The writer is econmmk adviser to Neptune Orient Lines-iM SHIPPING is the international industry par excellence. Yet, it has never been an easy industry. These
      1,473 words
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      221 27 -Wr i |m PJ B IMF I 1 v M jL imm 1 1 I paHl fM^Tß^Lair k/ MT EB I h: I iMrk^'MMßi^^^-Mi^lßriwlrittM-^BBWMaM^iliJßWMil^^B^ §■:„< :CMt' r~ A PSA PORT NEARBY FORKLIFT l!fa> HIGH CEILING HHHHHH| STRATEGIC m 4 P Proximity translates ACCESSIBILITY )|jw(| Floor-to-floor heights LOCATION to low transportation
      221 words
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      Page 27 Advertisements Column 2
      103 27 HIGHLIGHTS The SNSA President Interview Lua Cheng Eng, president of the Singapore National Shipping Association, talks about the association's hopes and priorities and Singapore's next big step forward. Pages Two, Three Milestones The evolution of the SNSA from its roots in the early '50s to the present. Page Four Flying
      103 words
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      99 28 Group of Companies Jardine Shipping Agencies services Square Agents f\nr\~>ci Australia Sud Americana Myanma Star (Container Service) Myanmar Sooth Africa Marine Corporation Antwerp H Shipping Agencies scrvkbs 1 Square #18-40 < Lobb y D > r^^o e ttr%°' SO agencies network worldwide.. 275 2788 H Jardine Uner Support Services Providing
      99 words
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      154 29 i HARBOUR LINK WAREHOUSE,! BfflffM Where every floor is a ground floqr!| •>» J On the nexus of activity The advantage of space The ideal workplace 9 Strategic location at Designed to optimise space Roof-top tennis couft 15? Alexandra Terrace off Pasir First and only warehouse Sheltered car-parks Panjang Road
      154 words
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      124 30 I I Allilill 3 I i I> T liPW'i C m r V X x T 4 3L i -i» W< IJ- TMlinlSSp^' <fc iii *;W ;?lv. < jSHß3^HB^*~> t -/#r n -< r ">'*• i v^-- Kea's barges range from 180 to 300 feet and with horsepower of between
      124 words
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      Page 30 Advertisements Column 2
      28 30 CONGRATULATIONS TO SNSA ON YOUR 10TH ANNIVERSARY J T C Jurong Port, Jurong Town Corporation, 37 Jurong Port Road, Singapore 2261 Tet *****66, Telex: R*****5 JUBASE, Fox: *****14
      28 words
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      355 31 I on your 10th Anniversary I UIWB Vu DO' B I NYK GROUP OF COMPANIES I Hikawa (Singapore) Pte. Ltd. I NYK Institute N I 222 Pandan Loop, Singapore *****0 'la II Tel: *****50 (2 Lines) Fax: *****56 H 150 Beach Road #24-(X) Gateway West, 1 Singapore *****0 II Tel:
      355 words
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      91 32 •i C < .<*_. «»•>» CoNGRATULATIO^ I rH*s* 4%*£ r >i** *v.-r y^■ \v? j mSi M V ON its 4 s f= t 1 M M& 4** l: il t 'i- 1 OI^nWJ^NIVERSARY"- M t, a r- J Ij v-r j y -jii i' i-.- <„ i 4- Htr
      91 words
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      140 34 ■j I I Congratulations to I I SNSA 10th Anniversary I I I WORLDGATE I 1-r row Shipping Partner In Singapore I 1 MISSION I t I To Provide The Best and Most Reliable Services I I SPECIALISED I Liner Tramp Shipping Agency I I Ship Chartering Brokers Specialised in
      140 words
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      Page 34 Advertisements Column 2
      130 34 I Transware Distribution Services Pte Ltd ijj A Joint Venture Company of Steamers Maritime Holdings Limited and Malaysian International Shipping Corporation. S The Largest Inland i| r) ST Container Terminal aj in s ingapore to A c hie ve Warehousing Services j| 300.000 sq. ft single-storey S covered warehouse with
      130 words
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      128 35 rs^9 If North Americas South Americas B THINK OF US 11 B WHEN g 1 B YOU WANT TO > B SHIP GOODS TO B -.china... l BU Costar represents COSCO Group, T/mwg Ocean N g Shipping (Croup) Company, in Singapore. -Weprovide p expertise in operating procedures for g all
      128 words
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      175 36 MEET THE PEOPLE WHO ARE HARD TO PLEASE... A/S Sigurd Sverdrup Denholm Ship Management Ltd. East China Shipping Co. P&O $team Navigation World Carrier Corp. Philippine National Oil Company Maritime Overseas Corp. Sea Reefer Ltd. United States Navy Coldwell Ship Management Pacific Gulf Marine Inc. Terminal Installations Inc. Single Buoy
      175 words
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      Page 36 Advertisements Column 2
      21 36 r Sea-Land service, inc. 200 CANTONMENT ROAD #05-03 SOUTHPOINT SINGAPORE *****3 TEL: 321 9333 (CUSTOMER SERVICE HOTLINE) FAX: 224 3226 i
      21 words
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      17 37 A quick look at i-f.. the markets. For Financial News, call 1900-913-0001, at 30 cents a minute.
      17 words
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      Page 37 Advertisements Column 2
      202 37 rigS) We're 0n... SEIHO MACHINERY ELECTRIC CO PTE LTD BLK 803, KING GEORGE S AVENUE *02-218 SINGAPORE 0820 TELEFAX: 298 2508 TELEX: ***** SMEC :u s, EXPORTER IMPORTER STOCKIST CONTACT: PATRICK TAN (GENERAL MANAGER) AGENCY PRODUCTS: %3Ur (Mlba) Diesel Main Authorised Main Authorised Engine Beanngs Dealer Distributor Authorised Dealer <§)BHW
      202 words
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      Page 37 Advertisements Column 3
      53 37 ARE YOUR OLD FILES HUNG ON YOU? TACKLE THEM NOW! Save money and office space with W&T document storage system Enjoy these plus factors! Efficient Cost-effective Professionally managed CALL 861-1911 NOW !FOR OUR TOTAL STORAGE SOLUTION £2 W T LOGISTICS PTE LTD H9s 44 Benoi Road, Singapore *****4. Fax: 861
      53 words
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      123 38 EXPRESS (S) PTE LTD m-3* An affiliate of Mitsui O.S.K. Lines/Hoi Sun Hup Group :*~-i?}??*M&&'**■* Quality services to meet -■glfef MngggMg; Cougar Express offers a comprehensive range of T_ T, HiKII quality services and facilities to shippers and *1 consignees through its various divisions and international network of offices and
      123 words
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      Page 38 Advertisements Column 2
      49 38 I I HARPERS SHIPPING |r iflr ws Singapore National Shipping Association j On The Occasion Of Their l Oth Anniversary Harpers Shipping (S) Pte Ltd 70 Anson Road 17-00 Apex Tower, Singapore 0207 Tel: *****88, FACSIMILE *****76 As Agents For: Y h ssss H6EQHUNES JSL-- E«!5«E!11B5 SW.FT ASIA LINE
      49 words
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      147 39 tm Jfy I u j i*T v j SNSA 10TH SBI jffHiir- A-' iv' >i .>*• 'k. mk^jyli ANNIVERSARY f, V; 4 *"--1. v 9 4 v- f, 49F Hapag-Lloyd dBOOE^ I NEPTUNE ORIENT LINES LTD. HAPAG-LLOYD N.Y.K. LINE 1993 (S) PTE. LTD. 456 Alexandra Road *06-00 (SINGAPORE) PTE. LTD.
      147 words
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      200 40 j_QU»BAL Reliability in Service Excellence in Quality Principal Activities: Bunker Trading Debunkering Services Tanker Owners Lubricant Sales j Barging Services Off Port Limit Delivery Member of I Singapore National Shipping Association I International Bunker Industry Association I Registry of Accredited Bunker Suppliers I i Fleet: Eight Category 'A' B' barges
      200 words
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      97 40 k a- Hp? C- Every cargo is spedal to us. No matter what type of cargo you're shipping, to any destination, you can be sure the people at MOL will handle it with precision and care. Because your cargo is as important to us as it is to you. MOL
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      337 41 tjrt PHI I J ORIENT LINES VIETNAM SERVICE A ONE-STOP SERVICE FOR ALL YOUR SHIPPING NEEDS Phili-Orient Lines Vietnam specialises in handling all your cargo movements to/from Vietnam be it Breakbulk, FCL, LCL and Project Cargoes. Our services cover not only Port-to-Port delivery but also Door-to-Door Delivery to ALL 53
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      113 42 S V# V j V There's nothing quite like celebrating a 10th anniversary 1 than with the finest 31-year old port. 3? I V mmm^m LrZc*^ a J Byff The Port of Singapore toasts the Singapore National Shipping Association on its 10th Anniversary, and wishes it another good decade ahead.
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      516 43 Knight-Ridder, Reuter LESS transatlantic grain business was reported on Monday, although some brokers say it was not a guide to the market as it involved OBO tonnage. But as a result, the Baltic Freight Index (BFI) fell eight more points to 2,040, with losses since Aug 25 totalling
      Knight-Ridder,; Reuter  -  516 words
    • Article
      TWRA to raise CAF, lower fuel surcharge from Oct 1
      394 43  -  By Rahita Elias SINGAPORE Shippers with cargo from the US to Asia will have to pay a higher currency surcharge but lower fuel surcharge from Oct I. The Transpacific Westbound Rate Agreement (TWRA) says its currency adjustment factor (CAF) is
      394 words
    • Article
      Lock icon Falling scrap prices may weaken handymax freight rates: report
      361 43 Knight-Ridder LONDON Earnings for handymax bulk carriers have closely followed scrap prices and a recent downturn in scrap values could lead to a fall in freight rates. Clarkson Research Studies, part of UK-based shipbrokers H Clarkson and Co Ltd, suggested this
      Knight-Ridder  -  361 words
    • Article
      Lock icon Aussie ports face major hurdles in making reforms
      367 43 Lloyd's List SYDNEY Major issues are still hindering ports from achieving further reforms, delegates at the Western Australian Port Authorities Association biennial conference in Albany have been told. John Hirst, executive director of the Association of Australian Ports and Marine Authorities, said
      Lloyd's List  -  367 words
    • Article
      Lock icon Ferry service withdrawn from Sri Lankan war zone
      179 43 AFP COLOMBO A ferry service has been withdrawn from Sri Lanka's north-eastern coast in the wake of the hijacking of a passenger ferry by Tamil rebels, officials here said yesterday. The passenger ferry, the Ngorama, had been operating between north-western Kalpitiya to
      AFP  -  179 words
    • Article
      MARITIME STOCKS
      321 43 SES '000 Sep 12 S$ Vol CWT Distribution 1.56 unch 50 Chuan Hup Holdings 1.22 -0.01 224 Cosco Investment .2.12 -0.06 402 Far East Lcvingston 6.20 unch 87 Freight Links Express 0.74 -0.02 213 GB Holdings Ltd 1.00 -0.06 277 Hai Sun Hup Group 0.925 -0.005 1078 Hitachi
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    • Article
      Lock icon Chittagong suspends night navigation
      97 43 Reuter CHITTAGONG, Bangladesh Movement of ships at night on a 10km channel linking Bangladesh's main port of Chittagong to the Bay of Bengal has been suspended after four of the 13 buoys went out of order, port officials said yesterday. "The buoys are not operative and
      Reuter  -  97 words
    • Article
      Apsco '95 opens today
      248 43 SINGAPORE Premier maritime event Asia-Pacific Seatransport Conference (Apsco) 1995 begins here today. The two-day conference, organised by the Singapore National Shipping Association, will be attended by about 200 delegates. Held at Raffles City Convention Centre, it will open with a welcome address from SNSA president Lua
      248 words
    • Article
      Direct S'pore-Shanghai shuttle service starts next week
      291 43  -  By Yong Mei Fong SINGAPORE The first direct shuttle service between Singapore and Shanghai will start next week. Operated by a consortium comprising Regional Container Lines (RCL), Malaysia International Shipping Corporation and Shanghai-based Uniworld Shipping Limited, the weekly shuttle run will use three
      291 words
    • Article, Illustration
      Lock icon South Africa charts cautious course
      612 44  -  Expansion programme of its maritime transport industry will go hand-in-hand with drive for quality as well as economic progress. Richard Clayton reports Richard Clayton Fairplay SOUTH AFRICA may be loosely compared with the ugly duckling which turned into a swan. Above the waterline, the country
      Fairplay  -  612 words
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      Lock icon Portnet awaits Pretoria's policy
      435 44 Fairplay THE tentacles of the octopus called "port privatisation" have reached South Africa, but the government has not yet decided what form it should take. The country's six main ports already have a number of private terminals. Bulk cargo handling is 70 per cent private, while
      Fairplay  -  435 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      511 44 Page ABC Cont 16 •ANL 3 •APL 12 Abie 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appcnship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 8 BSA 9 BTL 16 Bangladesh 12 Baumindo Bengal Br IS •Blue Star
      511 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9732 52 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed cby the ETA at the destination. The page number refers to the location of the schedule advertisement n n* mmmnt «mm« Mm* f% e Nana A Aartnas
      9,732 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        722 61 Hi Ho Both hriwi Ptpariw SJaraag Nrt g(BT) Barak* 11 Ai«9de 1309/1700 <1 (BT) Ouhjya Mu4a 4/% j| atongsifc 1309/1200 (BT) laya Kara 9/95 J1 atongsafc 1309/1000 5 (IT) Mafcmir laya II alongside 13 09/0800 X.(H) Sapa Jaya 11 atonpde 13.09/1800 5 Baton Bahama 001 19 atapde
        722 words
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        CONTAINER SCHEDULES
        1570 61 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record BMkfcg/Batact Mb Ship Vty N> Etfc/Btf HA* Fnw T« hm Aa lade 2556 14/1700 2A 12/1700 13/0659 13/0900 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 Aa Rose 0706 15/2359 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 Ak
        1,570 words
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        COCKETT BUNKER MARKET REPORT
        743 61 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
        743 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Release of flight data fuels Airbus-Boeing rivalry
        529 62  -  By Alec Almazan SINGAPORE The intense rivalry between Airbus Industrie's A 330 and the Boeing's latest aircraft, the 8777, continues with the recent release of actual flight data apparently showing the A 330 to be more fuel efficient than the 8777. The in-service
        529 words
      • Article
        Lock icon News Corp to talk again with Air NZ
        97 62 Reuter CANBERRA Ansett Australia executive chairman Ken Cowley, who is also a News Corp Ltd executive, said yesterday News Corp will talk again to Air New Zealand Ltd over the sale of News' 50 per cent stake in Ansett. "We're happy to
        Reuter  -  97 words
      • Article
        SIA wins 'Favourite Airline' award again
        164 62 SINGAPORE Singapore Airlines has once again been given the thumbs-up by air passengers. The national carrier bagged the "Favourite Airline" award for the fourth successive year at the Business Traveller (AsiaPacific) Travel Awards 1995 held at the Ritz Carlton in Hongkong last week. Singapore's
        164 words
      • Article
        Lock icon United Airlines, SAS to start codesharing deal on Jan 1
        274 62 Bloomberg Business News CHICAGO United Airlines and Scandinavian Airlines System agreed to a phased-in marketing alliance starting on Jan 1, giving United access to Scandinavian countries and SAS greater access to the US. The alliance would allow United to fly
        Bloomberg Business News  -  274 words
      • Article
        Lock icon World car sales expected to shift into low gear
        437 62 Reuter LONDON Global car sales will grow just one per cent this year and probably by less than 5 per cent in 1996, according to the latest report from economic forecasting group DRIMcGraw Hill. Released as the high-profile 1995 motor show
        Reuter  -  437 words
      • Article
        Lock icon Daewoo to invest in new Indon plant
        105 62 Reuter SEOUL Daewoo Motor Co, a unit of South Korea's Daewoo Group, said its carmaking venture in Indonesia planned to invest US$2O million (5528.5 million) in building an additional plant near Jakarta by the end of 1997. Indonesia's Starsauto Dinamika, 51 per cent
        Reuter  -  105 words
      • Article
        Lock icon GM unit's Shanghai venture
        102 62 AP BEIJING Delphi Automotive Systems, a part of General Motors Corp, plans to form a joint venture with a Chinese partner to produce one million car batteries annually in Shanghai, a GM spokesman said on Monday. The partnership with Shanghai Mechanical and Electrical Holding Co will
        AP  -  102 words
      • Article
        Lock icon Soon, made-in-India Mercs
        104 62 Reuter BOMBAY Mercedes Benz cars, manufactured in India by a Tata-Daimler Benz joint venture, will hit the country's roads soon, the chairman of Tata Engineering and Locomotive Company (Telco) said. One of the Mercedes Benz models, E220, will roll out from Telco's Pune factory, "within a few
        Reuter  -  104 words
      • Article
        Lock icon Clarion car audio for Samsung
        85 62 Reuter TOKYO Clarion Co said it has tied up with Samsung Electronics Co to provide the South Korean company with technology to produce car audio equipment. The agreement calls for Clarion to provide its patents, standards, production techrjoiogy, design information and other know-how to Samsung
        Reuter  -  85 words
      • Article
        Lock icon China car maker to delay joint venture decision
        261 62 Bloomberg Business News SHANGHAI Shanghai Automotive Industry Corp (SAIC) wont sign off on a US$2 billion (SS2.B billion) car plant with either Ford Motor Co or General Motors Corp until next year, the vice-president of China's largest car maker said. The two
        Bloomberg Business News  -  261 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1493 62 AIRCRAFT ARRIVALS DEPARTURES C£ HW» m HO TO JMMMI Cm 156 1735 GA984 0310 9Q442 2000 oki 57 aoao MMaM SQ227 2030 >■— RJI82 1440 RJ183 2225 MaMdaa KL83I 0925 KL832 2300 GA893 0955 SQ328 2355 SQ323 1566 lirMiit NZD2I 1820 N2022 1940 2060 SQ285 2045 Sari h|M BM19 0900
        1,493 words
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      7 43 LAW PAGE Every Thursday in Business Times
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      156 43 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times South Africa charts cautious course: Page 2 Release of flight data fuels Airbus-Boeing rivalry: Back Page if we FORWARD YOUR SPARE PARTS, YOU WON'T MISS THE BOAT. li tka ■arm aal ill laiaatry, tlae Ml amy art tMaia yea can't la the
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      1288 44 MjjjjjjjjgilJ I OTHmt DESTINATIONS I I NOHTH AMtfUCA [MRECT CALL TO WCTT COAST ffICW [WEST OOACT Of CEHTML WHO (MABOABITA BPMCE) SWOAPOBC CAUTOHMA EXPRESS (DUCT FWOM WW COOW I vtssi |wr ha»| i»*| u|m va M mt <mc m |«ncoon ma. |vot| m [rrMnntJ»AUOA| wmakwimilhcmmm|m■ taMgo|*aOTA|mt «g|Aamto| mi vw iwamu
      1,288 words
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      197 44 Udm and services represented by /MHh: Members of Km Registry ot Accredited -.<■» Shipping AgenU, Singapore National Shipping Association. x.'w>y 4ri For advertise enquiries, contact SNpptatf nmes. I a| Tsl 740-2069 #SB||||lMlßk WORLD ARGONAUT 12A» 15/09 RdnVAtWUK/Nwite«. BUFFALO 22AM 25/09 FWm/Atw/UK/Nantos HEREKE 03/10 06/10 RdnVATw/Bmn 1 *Lo«rt« F Ij BATSAO
      197 words
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      1009 45 WHOLESALE CENTRE, BLOCK 1,103-10 SINGAPORE 0611 ■OOKMCMMQUMtro CH NO: 106M6M00QW TIL: *****99 (12 LINKS) FAX: *****16/*****26 TLX: W*****0/***** F66HIP VESSEL VOY SMEtt SMETD KSTMWON GUUKMAUO 14/95 15/09 14/09 rWU/ffOBOAIK nb dim i m ii/m 20/09 mnvuux/uniß 6UIF SUtIAN 9/95 21/09 30/09 wa 13/95 iron W mrnrn GULF khauo m m
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      1215 45 EXPORT TO: TO: JEDDAH/UK/CONTINENT IvtSSH VOY SIN Id R'DAM H'BURG I'HAVEN STON LEN ALSO ACCEPTING CARGO FOR: OK 3345 14/09 SKIP 07/10 04/10 03/10 04/10 GIASGIOW, GRANGEMOUTH lONGA PfLANGI 134S 15/09 01/10 03/10 05/10 07/10 A||n r ft ,i T ucui|LDS LASH* 3375 19/09 29/09 12/10 11/10 01/10 09/10 JJ?
      1,215 words
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      796 45 HANJIN SHIPPING IfBBYBtt Will NMYBWI I TYI IfWl| «i wr —vfffli W V Mj|» WH Bj -MM JML N/lt Wit nmmmmbim im_ JIM wq JlZlft. .811! «Hl. KCSSSSy m 2,/w -"g -UZIL JIZIL JiZU_ mm mam mm nm iuwmmwi k* w/u 17/u w/u iwoMm WH I w/w wn u/u w/u
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      1227 46 <Ron DOT JBOM WW Mgjgg HMBM6 tOTTBOMI AMTWBtf li WW MttttSA IM/13t IV* IZUL SflS MO m Hotowomss n/» to a/* V"> !M5 IZI° "/io aim?A«TF»«ra ii/IS7 2W VO li/tO f/to 10/10 buIT mi tt* Mi -MT~ Mi —Ti7Tg m ij/lt Tgg WBTOIEgtSS M/ 131 nfl ISfIS !!£<! 'VjQ 1//I0
      1,227 words
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      1509 46 I NORASIA I VESSEL vov sm alo LA. act VAL ham bre rot AMT FEL LHA NORASIA FRMOURG MM 1348 JMJ K/to J* JJ Wl 11/N NORASM HONGKONG W7-3 MM 1 MM IJ2J J™ Jg» WW 17/11 I*ll nomsmshmuah WW itm wm wm «/w nnt ana aic m/ii wi SL
      1,509 words
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      621 46 JAPAN/HONQKOMQ/STRAfTS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG ««a vor store rquoang pkg |pen i nmtw majestic i su) in 1? Santa ambja i S»J rnn nig SHMLME3 J WW PAIAMCA 11 MPT SANTA ESMERALOA 4 ISSg 17 SEP J 1l«g 1I» M» "wwtw i i7«g nsa> itsg nter LtVW SB
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      1183 47 PI w STRAITS SHIPPrNQ PTE LTD fcfr* 11 Koo ChiMf Rm4 *11-n K«W«I Tww EmLMn fcgpw MM W: 22M7W F«: *****17 LIJgItJU I niw QumßA PACOTC uwe mil mil GgSfi (A SERVICE OF CHINA NAVIGATION CO) cargo m am. snwrenM v«ii ■m.ub.a hfm nm —iiMinnmriHMWi stunts hope mbe ■M.H.ut hbsm
      1,183 words
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      2313 47 P&S Container* (Singapore Agendo) Pte Ltd M Hoc CUug Road, #©7-« l Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE ret *****33.thc^r*****4 pn0c5p.f«*****27/*****17 W W CR Number *****9 *****7. 1 M 11 1 1 EXPORT IMPORT .:-:W <&*;.,■ v, yx, J J..)?; VCSMI. vov pHS *00 AMT NOT HAM OOT
      2,313 words
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      373 47 OUTMOUMP PKL PBI JOM SM MB MO DM B VOK Tltti RA6 OM MOJ MB MMNM2I2MMI MM OMT IVM SLD MM MM MM MM MM MM MM MMWM22S/MM MM MM MM 17-MM 21M22M24M Ml tVR Bftl WW MM MMNM2IIMM2 17M MM 2MM 21-MI Ml MM MM MM MW M WM
      373 words
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      1158 48 ran RMI ARM MM THf LHV LHV TUP ROM ANW HSG PKL S6P IKMMHH IM VII 7/11 VII 1«HI 11/11 I. GARLANO RE-M1 2M 21/1 22/1 IM 1U M t BENERALRW-M3 2U IVII IVII 17/11 IVII I.GIANT RE-MI 3M 31/1 1/1 1/1 M 2M 17It tROUMRWH7 JM 2*ll 21/11 Ml
      1,158 words
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      Page 48 Advertisements Column 2
      714 48 Ivma w Mr SL S J1 BB HUN concord WMM IW MM H| jj? wi MI IMCOROM WWB4W 71« 0210 W* OMi Ml uNONWAAO S*Kn5W JM9 11/11 MM WW I UN CHART BM7-OSW OMI IMI I M f MAI H mßMgwm miiflMt urmumelauwaoimn. Mumr(iiQMMH.MMM<MMimioiiM MMnwnMaMmMicßnwiMßWMo L taoyuak mtsum nm JJ"
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      623 48 S MCI WIII MAfWNE AOENCCI PTE LTD TEL: *****33 (12 UNO) FAX: *****18/*****09 a TELEX: RS ***** NBMP P Unaa) CP NO. **********0E ACCEPTING FCL AND CONVENTIONAL VlMll Voy ETA mftrtfl I Spo™ J Atyat 41WB 20/10 NDMMt 40WB aa/11 Mon*—.OPxMl jJU Mah. JtiHElt HUNG LIME i FULLY CONTAINERISED REGULAR
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      2239 49 CARGO TO VAmA, ODESSA AID COMTANIZAYIA UOUSSOL tlfffftl l—M tfrtt: Br< (tftft): tttlttt MMNMf. Afnty 0»pl COSTAR SHIPPING PTE LTD t &SSSt&SST •*»**-****:*mn__ iu—t—»*r*i7t» iyi/rr.isSSL m fS^SSSHi 4mm *121£ CM—U—i *miu MtMfTiwrt iSJfiJUnm munmi ncLc *W Ott tmTU Iftlfmnl 4MI7U KiMMIfN If. ff*«L At mvil Fu ttllM UT mi ttm4U
      2,239 words
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      550 49 (ft FAMOUS CONTAINER UNESi I 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 9 HOT LINE: *****33 (30 LINES) |j I DAILY SAILINGI i TO j HONGA KONG 1 ATTRACTIVE RATES! j CALL FAMOUS FREIGHT FOR BOOKING I 5 SYLVIA KANG IVY g TEL 224 1833 P KLANG PH: 0203/*****02 (10 UNES)
      550 words
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      1154 50 epi ecpub B^BBS^^B vnw. voy sm jkt ivesbbi. voy I mn ww I^M WW I WAHASHUM 2618 Wod lln Pt ~wT 10/00 :> OURU BHUM 8136 SM 10/00 Tun _!gg. |H .T QOOO EASY* US Ed 1M» Ty 16/00 f THAHA BHUM 137H Mon_ JB/jjg_ _gd_ JggL t MATHU BHUIP
      1,154 words
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      Page 50 Advertisements Column 2
      808 50 79 ANSON ROAD, *21-01, SINGAPORE 0207 CR **********0N PORT KLANQ PEHAMQ wr as m. na>a wr m ra EAGIfMOOW IQIA 1409 THU 1609 SAT OWAGOW MAS 51H 1309 WED I&O9FW ***** 1509 FRI 1709 SUN XfUIR SPORE *****2 1409 THU IMB SAT SEA LAUREL 423W 17Q98UW 18Q9M0W LHOTSE 5064 1609
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      552 51 11 BSA ii W MYANMA 1 PMk FIVE STAR LINE (Mywaar Notioßd Um) Los** fw Ym*m (Ro»|om) *kse wt a n» km mo m an 113W M/M RAUTSIA AOBITS: MMSIiAD SMPMM AORKKS Hk IE 01-03-*****00 KL IE 01-03-37M101 MRfc IE 01-04-1*1149} Mfc IE 01-07-ISII3II/4 the bank line (A mrfc» ti
      552 words
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      894 51 PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cerf street, #03-00 PILBuikSnQ, Singapore 0106. I I CRNO **********08 I V©V SIM CMS J* MOO JBD AOJ ADO HRJK PZU ASA KOTAMAJU fff rr** IM M/V 1/10 1/10 3/10 3/10 13/10 14/10 10/10 10/10 iROTAWMRM MNROI3 30/0 O/IO 10/10 13/10 14/10 17/10
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      746 51 0237—0000Z VEBBB-8 WY «w IEHKffiE I iiamburo Itiiambbpori WOTTBWOAM ANIW» .1 \ALLE DE VELA VICW 13/08 03/10 o*lo 07/10 OVW o*lo K MLLEOEGAPELLA TIIW IMB W/W 11/10 I*lo WW WW T] VLLEDEUBRA LIIW 2UX 17/W WW 2*W 21/10 2VW .< MLLEDENORMA HIIW S4/10 2*lo 27/10 2BAO 30/W ALSO ACCEPTMQ CARGO
      746 words
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      59 53 IJT VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 QCEAPfIA PORTS requlK LCLjraSs )UmjloN AUCKLAND SYDNEY milmDT i. pvpnßT BRISBANE IPWUKI 1 r /"r MELBOURME FREMANTLE V^SERIICMU^ fob boo Kino at sailmo schedule, call the TOTAL TRAnSPOIKTATIOn PEOPLE visa rvmotrr services pte ltd visa lcl corsol pte ltd TOLL-FREE
      59 words
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      1295 54 ASAQPfTS: T UNHMMBMW) PW LTD (CUMIIIMHMMiWTWmMMHTMH K W TEL *****77 TELEX MWAW R*****5 FAX *****10T/&9 V V MALAYSIA: TTI MilWT— (MILftTWJ HMP TGj5A*****00PK*****75PEN*****20J*****101PQU*****2M 1 MDONE9A: P.T. SAftANA UU/T M I—■JtA.TH.JKT *****06 /■twwr N f r z. a.? rMB ?ri, a SBT r as 5* Isjfjass:. ********** IIBBP SS 88 SSS.
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      1002 54 AMERICAN PRESIDENT LINES, LTD. j I*i|mlß|„ I f IW I** 16. It* I* I"' |S3 tMM rm IMI rm mm mm rmmm mT mm turn «n« WW »v« w" 35-2 ooami mm mm mm Haranw S iw wn «r» n/» w" tv» mm n«n —wsr~H»~air w wwmr —«r —ww^iriririrTirTn"^ mm
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      459 55 (A WOLY-OMB MMf OF Ml) Official Agwrt of; (MA A AIRFREIGHT) JCfIUIIUKw TH/uNNUT tMMv MAIN LINE: 278 7772 IKTt Lt DIRECT CONSOLIDATION TO GWA MA mm AT USD 80.00/RT++ SPECIAL DISCOUNT FOR ABOVE S CBM TRANSIT TIME 10 DAYS FREQUENCY: FORTNIGHTLY OOAN CARRIER IQiFQ 81 FOR BOOKINGS PLEASE CALL TEL:
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      1748 55 Nedlloyd life THREE SAILINGS TO WEST AFRICA!!! en toooaaaooooN. a Pw(F) F|i|F) Ih m J*d Hee Sou Bn<l) *t«(2) lah «ig ELBE /3365 10/09 10/09 14/09 10/09<f) 01/10 02/10 30/9 06/10 04/10 DANUBE /4345 20/08 23/08 24/08 21/08 15/09 16/09 BUNGA PELANGI /1365 12/09 12/09 15/09 12/09(F) 05/10 07/10 01/10
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      376 55 i» rti W SUNSHIP AGENCIES PTE LTD 20 McCaUum Street *16-01/03 Asia Chambers Singapore 0106 Tsl: *****22 (10 Linee) FAX: *****05 CR No.: *****8 200 OOR E 4 Y.S.N. LINEM.i-iJiii.i.BM.i.nuii.i.iu'j.injujj.iu-i-iJJiijii VESSEL VOT NONBKOM f S«W*o* P.ttuifi PBMM imUrn yy uhrt -IHW Mhwtw »A 2 HPI 14-IVW tmtmm KA gjjg gjg
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      1457 56 ■raWSHIIHH <• r* DIRECT CALL TO PANAMA IN JUST 25 DAYS WEEKLY SERVICE MADISON MAERSK V.9506 ETA SIN 19TH SEPTEMBER 1995 Vtoy ETA I ETD 1 DESTINATIONS MM* NKiwnkCTHsmNQ tHWEMWWKWTHmiWWBWaWIWgPIISWWHIBWW—I MACMON MAERSK V.9508 WOBILONOBEACH VJ6IO ■MPHBHBHIiMI CY-tS» 1200HRS CY2Q* 1200HR8 W cw-iwaitN CTsatxiowoww ml aw. cm clz u» mh mm
      1,457 words
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      Page 56 Advertisements Column 2
      617 56 TO E. CANADA US ATLANTIC US GULF LOADMQ VOY I WO** I PKHANQ* HMJFAX NYORK NORFOLK NORLEANB ™2E° EPS"* HOGQH DRAKE 0432 «0 08 NOV 11 NOV 14 NOV 21 NOV 5!2? 2!!2f HOGQH DYKE 0832 WIBOCTI 07 OCT 28 NOV 02 DEC 06 DEC If DgC 080GC 18WC 20
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      Page 56 Advertisements Column 3
      403 56 I tfW PHIU-ORKNT V** UN€S PT€ LTD ®TELs *****00 (16 UNEB) J n J 1 i I AUCKLAND, WELLMGTON, LYTTLETON, 17 SEP P NAPgR. CHRMTCMURCH. NEW PLYMOUTH f ROTTERDAM, HAMBURG, ANTWERP f AND All. MLAMO OESTTNATIONS VMTMM EUROPE 1««0» KOBeTO«CYOtoS3u^^^^^^^^^^^t7«E^Tj BUBAN.MAMLA, BANGKOK. PJCELANG, 178B> I PENANG.H KONG AND ALL CMNA
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      Page 57 Advertisements Column 1
      980 57 ACCEPTING LCL CARGO TO Trans-Link Express Pte Ltd I Singapore OuHrnHu SataaDay FIRST forwarder in uTfirSfcl I—j— fiuni fAu ASIA AWARDED wm —> iso9oo2bylrqa a* est ricLl msm rTSn Oar staff at roar sankk- 1 Chris Ta m: *****64 mm *SZ£ a F Bom faaisa 00:*****58 j e Fax: MOLoosncsKimcEs
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      Page 57 Advertisements Column 2
      1216 57 m gffi -£B«L-faaai_a—we sil _an rbljb bmb_job MS ELK 33M 14M MM tl II OH t*M MM HIW OM MM* 12M NN TIN !*M SIM 8M I KUWGI 13*1 lIM MIT 11M KN Mil tl M MS DMIM 4MB lIH MM UN MM UN a.B MS. UM SS7I KM BM
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      Page 58 Advertisements Column 1
      403 58 Singapore Soviet Shipping C jffit Co. Pte. Ltd. 2 CR NO: **********0N I f BOMBAY/COCHIN fMML vor rirn MM KOTA MUTtARA MUTO9B 17AM 28/08 max 210 MM* wot MCKHAMK KURAKO MKOBN WN MM* 06/10 i maolorv autoes 27/00 os/io r REGULAR WEEKLY SERVICE TO 'SIHANOUKVILLE/PHNOM PENH/ t: HAIPHONG' t ■HHRTTirT|TnT!RR^^
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      Page 58 Advertisements Column 2
      111 58 PHB3B SIM FAR EAST 19/9 KEELUNG/KAOHSIUNG 17/9 BANGKOK 17/9 MANILA/CEBU 17/9 JAKARTA/BELAWAN/SURABAYA 17/9 PORT KELANG/PENANG/E. MALAYSIA 17/9 BUSAN 17/9 TOKYO/YOKO/KOBE/NGO/OSA 17/9 HONG KONG SIM CHINA (+B*±««n) 17/9 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/liK 17/9 LDN/FLX/LVP/SOU 18/9 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poiand/Bulgaria/Czech. SIM USA/CANADA
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      Page 58 Advertisements Column 3
      447 58 STAR SHIPPING AGENCIES (S) PTE LTD I mmmmm ZM CONTAINER SERVICE GOLD STAR UNC LTD SETH SHIPPING CORPORATION THEPHONE: 220-6666 (8 LINES) FAX: *****70 U >*****2 (MARKETH6) (CR HO. *****6SH0M) N. AMBKA/CARMEAN SERVICES msa IWW M |W— |W I Bl I I W HI ■MO M 1//* LOHMMin lt/M M/M
      447 words
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      Page 58 Advertisements Column 4
      247 58 IHvESSE^^^vo^^s»<ilwA^stl^^| TIGER ISLAND 306N 14 i&TO 20-24 AS ?8 3(V09 TIGER BRIDGE 366N 18-1908 24 27*09 02-03H0 I TIGER BAY 367N WW 27-01/10 05-07/10 TIGER CAPE 368N 252&09 01-04/10 09-1010 I TIGER BLAND 369N *****8 04-08/10 12-14/10 I TIGER BRDGE 370N 02-03T10 08-11/10 161-17/10 I IB VESSEL VOY SIN CAL
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      Page 58 Advertisements Column 5
      154 58 m m mm aaa m mkx im ■ma ai S/w" ww tvw w5 ant ~iiw MWTIUIMS rvn «ii wi ivn wir C.WUKIM iy»i wn a/ii iw »v» MnmHmi mm nw aw »w •mAuddmtd m mi m on m. tm. mmmmi urn tyn aw awi WIMIIH WW tvn 12/11 IVtt Uflt
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      Page 59 Advertisements Column 1
      272 59 p ■■■nviivnvmip>v|^H| I H>ut THUS/ Win SAMJW6S: P. SWAMC/SHMAPOiI SOUTH iOUMO fc I «sa taawc sw f TEIMv m 55WIS Ml r mm m mum ~nM»w Jmmi OT~ IVWW I BMUSMIV ***** ItDtfflUl IVWW i iZwitf if/Mail I BMuamt 414»S iMwm ii/wiui NOXTH BOUND J. I <BSa I Wf I
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      Page 59 Advertisements Column 2
      427 59 NU COMTAMMR SBRVICS PROM MM TO MADRAS VESSEUVOY ETA SM ETA MAA PWVOLYEV-24 13-14/04 14-IMO4 TIGER BLAND VJSS 14-14/04 IMUH SEA DRAGON V DRQO7I 14-17M4 21-22 AM TKJER BRDOE V.3S4N 14-IMS 2M4M KOTA RAKYAT VJKYI47 IS-ISWS 23-24 AM TKJER BAY VJ47N 21-2 MM 2S-2S/0S PNAVDMSK V2S 21-22/04 2S-27/0S PWVOLYE V
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      Page 59 Advertisements Column 3
      265 59 /2T"x UC/% CiilDMkl/2 nlev jnimiw HJn AGENCIES PTE LTD W: *****29 Fox: *****59 wtßartuu/iQ/cowygmONALsaMg taptang 4 Dop Irons* Loadng S* IS/71/71 Ho Oa Mnh 3 Days transit Loading Sop 13/70/77 lombay Madras loadng Karada Loadng (olonda Loadng wmay fq consoi service longkok Loodno Sop 13/14/17/70 Hongkong Loadng Sop 17/15/11/27 (WUaT
      265 words
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      Page 59 Advertisements Column 4
      716 59 'Zl YU LAN 01N' eta SGf 26/09/95 _I Bb I ARRIVING SHANGHAI 02/10/95 IN 6 DAYS I ll FOR BOOKING, PIEASE CAR: 1-100-2787M0 <1 EXPORT MNaMMCMJMaNMIBMMItaiTOIMC-eMMi T" VMt w aw Ikm OMc vmm ut lah cob jfflL _Jg*j_ pip too man caufopma Ajma «4 xoar I 30/o» 02/10 04/10 ovio
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      Page 60 Advertisements Column 1
      813 60 I PI AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, IsJamqaia (Doqharvn) ■"OCIWI C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe. I Milftrrr A Ifcmch Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, ni-ji lLjdrjmilljLuu Novosobtrsk, Sochi. Tashkent, Tbilisi, Vladivostok, Vostochny Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE ■HiffillQIHBHH TO WEST COAST SOUTH AMERICA
      813 words
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      Page 60 Advertisements Column 2
      887 60 I&AI MN CONTAINER LINES, INC I Agents: MAC-NHJ SPORE: *****22 (24 UMES) kucmmq: moua CUMO.IWTBQIiai 8BU:(0B4)31«17» MAMLA (532) BI2MBI PENANO:(M)SM63f BAMQKOK: (682) «B<SB7 SURABAYA (H) WW P.«iAHO:(O3)3BSaSH JKT:gI) §*****7 MON:(BI)B44<a3 BA*CUNQ:qB)«MII I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PK ciki PEN PKL SIN DAILY RECEIVING Gburo/ClMoefl/S'holin/Oslo rSg 8 13/9 14/9 15/9
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      Page 60 Advertisements Column 3
      271 60 SOUTHERN AFRICA SERVICE DIRECT MONTHLY RAM IMftS vtssti a sat p« n dm a 19/99 91/19 14/19 29/19 27/1 C UNITED yi 23 "Also calls E.L. L P.E. MALAYSIA AGBTTS: PORTKHANG TG. MAM 1H: *****00 1B:WM SUI AGBfTS: KOH KVtAIALU TAMMU TH: *****7 TE; *****6 ;K (FOREST PROOOCTS SERVICE) EUROPE
      271 words
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  • Page 61 Miscellaneous
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      Page 61 Miscellaneous Column 1
      135 61 REGIONAL WEATHER i i, LEGEND: ■j"? f( Thunderstorm Temperature c A, ate Shower Weother Wind dvection with speed in knots V?£dySky Wave height SiH®cf winds Of# mdicottd by off owl wfwch fly with tK# wind 0 On* full circle represents calm or light and vohobte winds 1 One half Heche
      135 words
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      Page 62 Advertisements Column 1
      125 62 M.V. "KING ACE" VOY.3 ARRD 3RD SEPTEMBER 1995 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 14th September 1995,0900-1200 hours at PTS. No further survey will be entertained thereafter. As Agents: "K" Line Kinkai AB Shipping Pte
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