The Business Times, 16 September 1993

Microfilm: NL18962
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday September 16 1993 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon EC urges US to be flexible in farm deal
      81 1 AP BRUSSELS The European Community's top farm official has called on the United States to accept modifications in last year's trans-Atlantic farm trade deal. "If ever they want a conclusion, they must be more flexible," Agriculture Commissioner Rene Stcichcn says. His
      AP  -  81 words
    • Article
      Lock icon Italian peacekeeper killed in Mogadishu
      59 1 AFP MOGADISHU Somali gunmen shot dead an Italian pcacckecpcr and wounded at least one more in an attack near Mogadishu port yesterday, Italian military sources said. The report came after a UN spokesman said Somali militiamen fired mortars into the United Nations base in Mogadishu,
      AFP  -  59 words
  • Article, Illustration
    MARKET SUMMARY
    106 1 Stock market indices Wednesday Change STII 2,001.35 -11.14 KLSE Composite 816.44 -1.34 Nikkei dosed Hang Seng 7.488.77 +14.92 SET Index 992.36 3.83 Jakarta Composite ...431.31 +2.94 CLSA China B 1.038.64 +1.79 AustAllOrd 1,903.6 -9.3 FTSE 100 2.989.4 3.2 Wednesday Previous 1pm dose Dow Jones 3i607.10 3.615.76 Exchange rates
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  • Article, Illustration
    Lock icon 300 HK crime officers raid Lee Ming Tee's Allied firms
    557 1  -  From Catherine Ong in HONGKONG THREE hundred officers from Hongkong's Commercial Crime Bureau yesterday raided more than 100 companies connected to Malaysianborn businessman Lee Ming Tee's Allied group. The swoop, which began at 9.30 am, comes after a 13month, HKS4I
    AFP  -  557 words
  • Article
    Lock icon Tokyo set to adopt six trillion yen economic stimulus package
    256 1 Reuter TOKYO Japan's economic stimulus packagc to be unveiled today is expected to total about six trillion yen (5590.5 billion). The mass-circulation Yoniiuri Shimbun said yesterday that Prime Minister Morihiro Hosokawa's government decided to increase the amount from an earlier
    Reuter  -  256 words
  • Article
    Lock icon Oei Hong Leong takes 35pc stake in Myanmar's global airline operations
    252 1 Reuter HONGKONG A Singa-pore-based consortium has taken over the international operations of Myanmar's state airline, Myanmar Airways, the new company's president said yesterday. Indonesian-born entrepreneur Oei Hong Leong told reporters he had signed a deal recently with the Myanmar
    Reuter  -  252 words
  • Article
    Thai shipping line keen to see PSA become shareholder
    501 1  -  From Loh Hui Yin in BANGKOK THAILAND'S Regional Container Lines, in which Singaporean businessman P L Kua has a stake, is keen to see the Port of Singapore Authority become one of its shareholders. The Thai shipping line, which is listed
    501 words
  • Article
    Golden Plus' controlling shareholder to sell 27.6pc stake
    410 1  -  By William Chia SINGAPORE Grand Care Sdn Bhd, the controlling shareholder of Golden Plus Holdings Bhd, is negotiating to sell its 27.6 per cent stake in the diversified quarry operator. Golden Plus, in a letter to the Kuala Lumpur Stock Exchange yesterday,
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      111 1 Burberrysl wrReigns when it pours XxXXWKXXX CONTENTS Hews Cswpmist Spore News 2 Spore4fsia ....9,10.11 Reponal News 3.4,5 Financial 12.13 World News 8 Futures Markets Analysis 27 CM>/KIS£. StS 19.20 Edrtorial 26 Regional 17 Soorts 21 World 18 TV/Lifestyle 23 Currencies 13 Regional Focus 6 Sma/Commo .13.16 Subscription Tel 1800-*****77 Fat
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      18 1 Law: pg 25 That UN law on arbitration Unctad report: Outlook for Asia and the world, Pg 27
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      22 1 Hock Lock Siew: p% 9 pj 16 S What's in a golden corporatewume? Editorial: Japan needs a deep tax cut, Pg 26
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      125 1 tPTk&Bofffi m Line: Back Pg Little beflse in watered-down embargo /x \> wm Sf\ L' I I^^M^Sa Q) BRI NO MAGLI SOLE AGENT Marten Marketing Pte Ltd Tel 734 9696 Fa* 737 6892 Boutiques Centrepomt #0.1 30 Tel 737 4509 Porogon By Sogo #01-19 Tel 734 9935 Open Daily trom
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      21 1 h CERRUTI 1881^_1 I II N E T T E Hock Lock Siew: What's in a golden corporate name? Pg 9
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Exports face fierce competition
        277 2  -  By Teh Hooi Ling SINGAPORE goods continue to face fierce competition abroad. After dipping in the second quarter, the Singapore manufactured products price index and the domestic supply price index fell further in August, the preliminary numbers show. The two indices, pegged at 100 in 1985,
        Source: Dept of Stats  -  277 words
    • Article
      Computer firm KT Technology eyes Nasdaq listing
      461 2  -  By Teh Hooi Ling LOCAL computer firm KT Technology aims to list on the United States Nasdaq market. And like Singapore's Creative Technology, which listed a year ago, it is banking on one product. While Creative relied on its Sound Blaster card, KT
      461 words
    • Article
      Public's views on core values invited
      241 2 WHAT are the core values Singaporeans should have and inculcate? Singaporeans are urged to write or fax in their suggestions, which will be used to produce a simple, popular document which expands upon the shared value, "Family is the basic unit of society". The
      241 words
    • Article
      Perth's Joondalup residential project selling briskly
      214 2  -  By Lim Siok Mei THE SECOND lot of houses at Perth's Joondalup Country Club project have sold well in Singapore and Jakarta. Thirteen units on the Outlook Estate were sold in Jakarta over the weekend, Joondalup Country Club vice-chairman Peter Kwee said. Last month,
      214 words
    • Article, Illustration
      SM Lee turns 70
      92 2 As the Senior Minister celebrates his 70th birthday today, Business Times takes readers back through the decades to the day when he first stepped into the political limelight 1993: at an interview with Time magazine 1953: representing postal workers in a wage dispute, which provided Mr
      92 words
    • Article
      Chinese officials here to attract investors to Wuhou
      427 2  -  By Sylvia Wong OFFICIALS from Sichuan's capital, Chengdu, are in Singapore to drum up interest in the city's Wuhou industrial district. The team, comprising the director and vice-director of the city's government, are trying to raise up to USS243 million (SS3BB million)
      427 words
    • NEWS ROUNDUP
      • Article
        Clinton congratulates President Ong
        84 2 PRESIDENT Ong Teng Cheong has received more congratulatory messages, including one from US President Bill Clinton. "The US and Singapore share fundamental visions for future security and economic strength of the Asian region," Mr Clinton said. "I am confident that the US and Singapore will remain
        84 words
      • Article
        Business opportunities in Myanmar
        59 2 THE Export Institute of Singapore and the Singapore Manufacturers' Association have organised a business opportunities conference on Myanmar tomorrow. The half-day event, at the World Trade Centre, coincides with a visit to Singapore by a Myanmar delegation led by Trade Minister Lt-Gen Tun Kyi. This visit
        59 words
      • Article
        Oil spill combat exercise next week
        43 2 THE Revolving Fund Committee involving Indonesia, Malaysia and Singapore will conduct a joint oil spill combat exercise in Singapore from Sep 22 to 24. The exercise will be launched by Environment and Communications Minister Mah Bow Tan.
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      • Article
        Teck Whye CC relocated and renamed
        43 2 FROM today, the Teck Whye Community Centre, will be located at the new Chua Chu Kang Community Club. It has been renamed the Chua Chu Kang Community Club. The address is 35, Teck Whye Avenue. Singapore, 2368.
        43 words
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      442 2 <£? o PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times Non-verbal Communication in Communicating for November 5,1993 9.00am 12.00pm^p tfc v A^^* W<v S$130 SIM members/S$145 Non-members This programme aims to provide participants with practical communicating skills that can be put to immediate use in their
      442 words
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  • THE REGION
    • Article
      Jakarta frees two more political prisoners
      464 3  -  Govt also drops ban on dissidents travelling abroad From Maggie Ford in JAKARTA INDONESIA has released another two political prisoners from jail and abandoned the blacklist which banned dissidents from travelling overseas in another sign of continued liberalisation by the Suharto government. One of
      464 words
    • Article
      Lock icon M'sian GDP growth seen moderating at 9.5pc in third quarter
      442 3 Knight-Ridder KUALA LUMPUR Annual growth in Malaysia's gross domestic product will moderate to about 9.5 per cent in the third quarter, while annual inflation will remain stable at between 3.5 and 4 per cent, analysts say. In the April-June quarter,
      Knight-Ridder  -  442 words
    • Article, Illustration
      Lock icon Japan, Thailand agree to cooperate in ties with Cambodia, Myanmar
      445 3 AP BANGKOK Japanese Foreign Minister Tsutomu Hata and Thai Prime Minister Chuan Lcekpai agreed yesterday that their nations would cooperate in rebuilding Cambodia and in drawing Myanmar's military government towards democracy, a Japanese diplomat said. Mr Hata agreed with Mr
      AP; Reuter  -  445 words
    • Article
      Lock icon Cambodia made a kingdom, Sihanouk to retake throne
      273 3 AFP PHNOM PENH Cambodia's elected Assembly turned the country into a kingdom yesterday, intending to restore Prince Norodom Sihanouk to the throne after 38 years, as it passed the first chapters of a new Constitution. The final adoption of the 14-chapter document,
      AFP  -  273 words
    • ASIA NOTES
      • Article
        Lock icon Taiwan's forex reserves fall
        86 4 AFP TAIPEI Taiwan's foreign exchange reserves slid to US$B2.Bl billion (S$ 132.5 billion) at the end of July, a drop from US$B4 billion a month earlier. The Central Bank of China said yesterday that the figure was down from a record high of US$B9.5 billion last
        AFP  -  86 words
      • Article
        Lock icon Dispute over native titles
        69 4 Bloomberg Business News CANBERRA Queensland and Western Australia stand to be the biggest losers if the current controversy over aboriginal native land title claims is not resolved quickly. A survey of 32 private and public sector economists by accounting firm Price Waterhouse and the University of
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Clove monopoly to pay off debts
        75 4 Reuter JAKARTA Indonesia's Clove Support and Marketing Board (BPPC), which has a virtual monopoly over clove trading here, is in a position to pay off its huge debt to a state bank. BPPC president director Hutomo Mandala Putra, son of Indonesian President Suharto, said
        Reuter  -  75 words
      • Article
        Lock icon Manila to shift to local borrowing
        62 4 AFP MANILA The Philippine government will resort to more domestic borrowings rather than foreign loans to finance a projected US$9l4 million (Ssl.4 billion) deficit next year. Central bank documents published yesterday show that Manila plans to source 71.4 per cent of the financing from
        AFP  -  62 words
      • Article
        Lock icon Thai exports up 9pc
        67 4 Bloomberg Business News BANGKOK Thailand's exports for the first seven months of this year increased 9 per cent compared with the same period last year, well below most forecasts. The Bank of Thailand, in its latest monthly report yesterday, said that exports would rise by 11.5
        Bloomberg Business News  -  67 words
      • Article
        Lock icon India's hefty financial scandal
        87 4 Knight-Ridder NEW DELHI The largest financial scandal in India's history, which became public in 1992, involved 81.16 billion rupees in illegal transactions, far exceeding an earlier estimate of 40.24 billion, the Pioneer newspaper reported yesterday. The scandal allegedly involved the illegal diversion by Indian brokers and
        Knight-Ridder  -  87 words
      • Article
        Lock icon Manila to sign accords with Jakarta
        66 4 Reuter MANILA The Philippines expects to sign major agreements with the Indonesian government when President Fidel Ramos visits Jakarta next week. Officials said yesterday that Mr Ramos would be joined by a 19-member official delegation and 80 business people during his Sep 20-24 trip.
        Reuter  -  66 words
    • Article
      Lock icon China will shape Asia's economic destiny, analysts say
      398 4 Reuter SINGAPORE A fast-indus-trialising China will shape the destiny of Asia and lead the world's biggest boom in the next 20 years. "A prosperous China will radically change the entire political and economic landscape of Asia. It will dwarf everything else in
      Reuter  -  398 words
    • Article
      Lock icon US team in talks with China on market access accord
      320 4 AP BEIJING US and Chinese trade officials began talks yesterday to assess how well China was complying with a year-old agreement to open its markets wider to American businesses. A delegation led by Lee Sands, chief China officer at the
      AP  -  320 words
    • Article
      Lock icon Chinese leaders ignorant of law should not be in power: Li Peng
      282 4 AFP BEIJING Premier Li Peng, reasserting himself after being sidelined by a heart problem, says Chinese leaders ignorant of the law should not be in power, an official newspaper reported yesterday. Speaking at a four-day national conference on
      AFP  -  282 words
    • Article
      Lock icon Taiwan's investment climate is world's second best: Beri
      230 4 AFP TAIPEI Taiwan's investment climate has been rated the world's second best by the US-based Business Environment Risk Information (Beri) consultancy, despite declining foreign investment. Economic officials said yesterday that Beri, a risk assessment and consulting firm, reported in its July report
      AFP  -  230 words
    • Article
      Lock icon Taipei accuses Beijing of harming bilateral ties
      261 4 Reuter TAIPEI Taiwan's ruling Nationalist Party yesterday accused China of damaging relations by publishing a hard-line statement on Beijing's policy towards the island. "This move by the Chinese communists will obstruct the progress towards easing tensions between the two sides," party spokesman James
      Reuter  -  261 words
    • Article
      Lock icon Patten to press on with widening electoral franchise
      302 4 AFP HONGKONG Governor Chris Patten warned yesterday he would present his proposals to the legislature to broaden the electoral franchise in Hongkong even if no agreement was reached with China. Mr Patten, speaking at a convention of pension fund managers, said: "If
      AFP  -  302 words
    • Article
      Lock icon S Korean business leaders pledge to increase exports, boost investments
      397 4 Reuter SEOUL South Korea's top 15 business conglomerates yesterday drew up a plan to increase exports and promote investments as part of President Kim Young Sam's crusade to revive the economy. Chairmen of the biggest chaebol agreed to set up
      Reuter  -  397 words
    • Article, Illustration
      Lock icon Mitterrand urges N Korea to accept inspection of nuclear facilities
      565 4 AP SEOUL French President Francois Mitterrand warned yesterday that his country would not ignore mounting nuclear tensions on the Korean Peninsula and asked Communist North Korea to resolve them by accepting inspections. Addressing South Korea's National Assembly, Mr Mitterrand said
      AP; Reuter  -  565 words
    • Article
      Lock icon Australia's opposition threatens to challenge budget bill in court
      413 5 Knight-Ridder CANBERRA Australia's opposition, armed with advice from constitutional lawyers, has called on the government to redraft its budget legislation or face a High Court challenge. The opposition said advice to the Senate Committee on Legal and Constitutional Affairs found the
      Knight-Ridder  -  413 words
    • Article, Illustration
      Lock icon Waiting for the royal couple
      52 5 Reuter DUSSELDORF, Germany This Japanese man, armed with flags and a video camera, was among hundreds of people who gathered in front of the town hall here on Monday to see Emperor Akihito and his wife Mkhiko, who are on a six-day official visit to
      Reuter  -  52 words
    • Article
      Australia signs pact protecting investments in HK after 1997
      449 5  -  From Florence Chong in SYDNEY AUSTRALIA and Hongkong signed on Tuesday an investment promotion pact in the colony to protect Aussie investments in Hongkong after 1997. Australia, which currently has A 53.9 billion (SS4.O billion) of investments in Hongkong. is the
      449 words
    • Article
      Lock icon Australia to boost market share in Indon power sector
      461 5 AFP, Reuter JAKARTA Australia is seeking to boost its market share in the rapidly growing power sector in Indonesia, Australian Industry, Technology and Regional Development Minister Allan Griffith says. "Australia has a very strong expertise in the power generating and transmission
      AFP,; Reuter  -  461 words
    • Article
      Lock icon Japanese investors undaunted by China's plan to cool economy
      400 5 Reuter BEIJING China's programme to cool the economy is badly hitting exports but doing nothing to stop the flood of investment from Japan, Japanese officials and traders said ahead of talks on bilateral economic links. Next Monday, a 79-mem-ber Japan-China Association
      Reuter  -  400 words
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      248 3 Many banks are returning to their roots. Thank goodness there's one bank with its roots in the world. Domestic problems and changing financial Demonstrably. We already have 1922 branches in 53 circumstances are causing many banks to re-evaluate countries. And during 1993, we shall be opening 34 theirpositions-Andsomearepruningtheirinternational more. Including
      248 words
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      257 3 MOSCOW BHUSSUS HONG K( >NG StXXJL 9 91- j* eg An Nippon Aw 3 5 9 I I .—-j jJf lt >|lf W z We expect a lot of ourselves. You can, too. ■1 We've become the first choice of more than 34 million people by taking care of them
      257 words
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      121 5 SOON, SIA CARGO WILL FURTHER INCREASE ITS STRENGTH AROUND THE WORLD. ISTANBUL MOSCOW JOHANNESBURG SAN FRANCISCO NEW DELHI SIA Cargo will soon be even stronger. Already, our passenger and freighter services offer a total cargo capacity of 70 million tonne kilometres every week to 70 cities in 41 countries across
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  • REGIONAL FOCUS
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      200 6 Y 1 Ll hill or v—/ t/n cxcrcisc that really isn't as frivolous as it seems, considering the fact that this hill is the picturesque ski slopes of Whakapapa, where one of the most famous hotels in New Zealand sits. The Grand Chateau. A graceful hotel where you can also
      200 words
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      26 6 For Horn® or Office deliveries of: Straits Times. Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 1800-749-2577.
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      356 7 THE ONLY CREDIT CARDS Preferred VISA or MasterCard will get you one kilometre credit. THAT CAN TURN And to make this exclusive offer even better, you'll get a bonus THOSE NIGHTS AT YOUR of 1,000 kilometre credits for every 5,000 you can earn by spending FAVOURITE RESTAURANTS on your card.
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon UK building costs to rise
        94 8 Knight-Ridder LONDON UK construction costs are set to rise almost an annual 4 per cent in the fourth quarter of 1994 as the prices of raw materials surge. The Royal Institution of Chartered Surveyors said on Tuesday. It argues that building contractors have been holding
        Knight-Ridder  -  94 words
      • Article, Illustration
        Lock icon Great Dane meets kangaroo
        38 8 Reuter COPENHAGEN Danish Junior Lightweight World Champion Jcmmi Brcdahl "sparring" with kangaroo Red Brian near the Danish capital. He was on a promotional bout to defend his title against Australian boxer Rcnato Cornett. Rcutcr
        Reuter  -  38 words
      • Article
        Lock icon Hungarian farmers protest
        88 8 UPI BUDAPEST More than 20,000 agricultural producers, waving banners that said "Save agriculture", demonstrated on Tuesday in front of Parliament House to demand the government keep its promises to reform and save their industry. Protest organiser Tamas Nagy said Hungary's farmers had serious grudges against the government
        UPI  -  88 words
      • Article
        Lock icon More EC funds for Zimbabwe reforms
        89 8 Reuter HARARE The European Community said it was satisfied Zimbabwe's economic reforms were on course despite a drought that nearly derailed them and would release US$l5.6 million (SS2S million) in aid next year to back them. "Bearing in mind the drought and a number
        Reuter  -  89 words
      • Article
        Lock icon High radiation at Russian arsenal
        97 8 AFP KIEV Russian experts headed on an urgent mission to a Ukrainian nuclear arms store on Tuesday as radioactivity and temperature levels "dramatically increased", the agency Itar-Tass reported. General Vitaly Yakovlev, head of Russian nuclear security, described the situation as "very worrying", adding that the
        AFP  -  97 words
      • Article
        Lock icon Italy proposes job funds for port
        74 8 Reuter ROME The Italian government proposed on Tuesday speeding up job-creation funds to end a standoff with striking chemical workers in the southern port of Crotonc. The plan was discussed during talks between the government and union one day after the government agreed that
        Reuter  -  74 words
    • Article
      Lock icon Japan must open markets to US products: Chrysler chief
      465 8 AP GRAND RAPIDS, Michigan After two days of polite meetings between 400 US and Japanese business leaders on Tuesday, the head of Chrysler Corp delivered a warning: If Japan doesn't begin opening its markets to US products, the United States may
      AP  -  465 words
    • Article, Illustration
      Lock icon US subsidy won't hurt Aussie trade: Clinton
      480 8 Reuter WASHINGTON President Bill Clinton tried to reassure Australian Prime Minister Paul Keating on Tuesday that a US subsidy for foreign agriculture sales would not hurt Australian trade. The two leaders, in their first meeting, held White House talks that resulted in a
      Reuter  -  480 words
    • Article
      Lock icon Higher UK inflation rate, retail sales posted in August
      280 8 AFP LONDON Britain's annual rate of inflation rose to 1.7 per cent in August from 1.4 per cent in July, while retail sales rose 0.1 per cent in the month, the Central Statistical Office (CSO) said yesterday. The underlying rate of
      AFP  -  280 words
    • Article
      Lock icon American institutions seek more investment abroad, says survey
      298 8 Reuter LONDON American institutional investors want to raise their holding of non-US equity over the next five years with France seen as the top European prospect, a survey of US banks, insurance companies, pension and mutual funds said yesterday. The annual poll
      Reuter  -  298 words
    • Article
      Lock icon Russia, Australia to build world's first private cosmodrome
      490 8 Reuter MOSCOW Several Russian space companies said yesterday they had signed a deal with an Australian firm to build the world's first privately owned cosmodrome at a cost of up to US$9OO million (SSI.4 billion). The project, to use Russian technology and
      Reuter  -  490 words
    • Article
      Lock icon US will keep inflation from rising, assures Fed official
      410 8 Knight-Ridder WASHINGTON The Federal Reserve will "at a minimum, keep inflation from rising and better yet, bring it down further", Richmond Fed bank president Alfred Broaddus said on Tuesday. Speaking to the National Economists Club here, Mr Broaddus said the 0.3
      Knight-Ridder  -  410 words
    • Article, Illustration
      Lock icon British unionists see winter of discontent
      606 8 More strikes likely as govt moves to put brakes on public sector pay rises Reuter LONDON Union leaders representing five million Britons in the public sector predicted a "winter of discontent" after the government announced this year's clampdown on pay would be tightened further
      Reuter  -  606 words
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      80 8 Ouch, Ouch, Ouch, My Bad Back, Ouch, uch,Ouch, My Neck, ch, Ouch, Ouch,My Pulled Muscle Ahhhhhhh My N.Z. Waterbed. umm FANTASY WATERBEDS PTE LTD 15 Enggor Street (off Anson Rd) #01-03 Realty Centre Singapore 0207 Tel: 226 1055 Fax: 226 1054 Mon-Sat: 1 lam Bpm. Sun PuPlic Holidays: Ipm 7
      80 words
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  • COMPANIES & MARKETS
    • Article
      Asia Pac Brew in link-up to tap Thai beer market
      489 9  -  From Loh Hui Yin in BANGKOK SINGAPORE'S Asia Pacific Breweries, which is on a regional expansion trail, is going after the beer market in Thailand. It is setting up a joint venture with a group of heavyweight Thai partners to
      489 words
    • Article
      GK Goh plans bonus issue, dividend after earnings leap 175pc
      381 9  -  By Quak Hiang Whai SINGAPORE Stockbroker GK Goh Holdings Ltd yesterday said its net earnings for the year ended June 30, 1993, soared 175 per cent to $23.6 million. And to celebrate the outstanding results, the broking house said it
      381 words
    • Article
      Freight-rate drop pushes Pacific Carriers earnings down 38pc
      378 9  -  By Dexter Lee SINGAPORE Hit by lower freight rates in the first six months of the year, Pacific Carriers yesterday reported a 38 per cent drop in interim group net earnings to $6.59 million. This works out to earnings of 2.2 cents
      378 words
    • Article
      Lock icon Three companies reply to KL exchange
      170 9 Bernama KUALA LUMPUR Bedford Bhd, Sateras Bhd and Innovest Bhd said they were not aware of any reasons behind the unusual market action in the trading of their shares on the Kuala Lumpur Stock Exchange recently. In separate replies to the ex- change, the
      Bernama  -  170 words
    • Article
      What's in a golden corporate name? Nothing very much, actually
      690 9  -  HOCK LOCK SIEW By Joyce Quek "WHO steals my purse steals trash ...but he who filches from me my good name, robs me of that which not enriches him. and makes me poor indeed." With apologies to William Shakespeare, a
      690 words
    • Article
      Market on verge of meltdown, warns top M'sian fund manager
      462 9  -  By Agnes Chen SINGAPORE The fund manager of a top-ranked Malaysian fund warns that recent sharp rises in the already overpriced Singapore and Malaysian markets have pushed them to the brink of a sharp correction. Tan Chong Koay manages John
      462 words
    • Article, Illustration
      Lock icon Lingui closes 27pc up in volatile trading
      267 9 SINGAPORE Plantationbased Lingui Developments yesterday provided the stock market its biggest surprise yesterday at one stage gaining a staggering $1.61 from its previous closing price of $2.19. Lingui, a Malaysian counter traded on Clob International, was the most volatile counter for the day,
      Source: Bloomberg  -  267 words
    • Article, Illustration
      Lock icon SUMMARY
      286 9 Source: Bridge Info Performance of STII's Index stocks Sep is Last Sease lafei Slock talc Chce bctoraomi (i) Avimo 2 020 -0.050 1.43 6.37 CAC 7.000 -0.300 4.97 38.22 Cerebos 5.850 4.15 FAN 14.700 -0.100 10.43 12.74 GF Asia 3.140 2.23 GcnMac 1.280 -0.020 0.91 2.55 Haw Par 3.440
      Source: Bridge Info  -  286 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Sincere to trade on ready basis
          51 10 SINGAPORE Newly-listed Sincere Watch Ltd said yesterday that its shares will cease trading on a "when issued" basis and will trade on a ready basis from today. There would be no trading of Sincere shares in the "cash" market, said the Sesdaq-listed watch retailing
          51 words
        • Article
          Parkway explains $26m fall in turnover
          105 10 SINGAPORE Property group Parkway Holdings Ltd has replied to the Stock Exchange of Singapore over the $26 million drop in its turnover for the half-year to June 30. It said yesterday that the decline was due largely to the recognition of sales of phase
          105 words
        • Article
          Lock icon Gold Coin (M)'s pre-tax profit up 1pc
          77 10 Bernama KUALA LUMPUR Gold Coin (Malaysia) Bhd's group pre-tax profit edged up one per cent to M$ 13.36 million (558.41 million) for the year ended June 30, from M$ 13.29 million previously. Announcing its unaudited results here yesterday, Gold Coin (M) said group
          Bernama  -  77 words
        • Article
          Lock icon Inchcape Timuran to sell 2 land plots
          94 10 Bernama KUALA LUMPUR Inchcape Timuran Bhd's wholly-owned subsidiary, Eastern Agencies (M) Sdn Bhd, plans to sell two pieces of land in Petaling for a total of M$ 17.50 million (S$ 11.02 million) cash. Inchcape Timuran said in a statement here yesterday that the
          Bernama  -  94 words
        • Article
          Tibs gets nod for listing of 4m shares
          53 10 SINGAPORE Bus company Tibs Holdings said it has got in-principle approval from the Stock Exchange of Singapore to list and quote the four million new shares it had placed out at $5.35 a share recently. The placement raised $21 million for the
          53 words
        • Article
          Scotts appoints new director
          65 10 SINGAPORE Scotts Holdings Ltd has appointed a new director, Ramesh Chander Sarin, to its board with effect from Sep 6. Mr Sarin, 57, was formerly the deputy chairman of ITC Ltd, one of India's five largest companies. Scotts and ITC had signed a joint venture to
          65 words
        • Article
          Green light for listing of SPC shares
          55 10 SINGAPORE Singapore Petroleum Company Ltd announced yesterday that the Stock Exchange of Singapore has given its in-principle approval for the listing and quotation of the 32 million shares it placed out in a private arrangement. The placement tranche comprises 16.32 million local shares
          55 words
      • Article
        Lock icon Manila bans use of Westinghouse products
        242 10 Reuter MANILA The Philippines has banned the use of Westinghouse products in power projects to strengthen its hand in a dispute with the US multinational over a mothballed nuclear power plant. The state-owned National Power Coip told proposers of power projects they must not
        Reuter  -  242 words
      • Article, Illustration
        Parry Chang gets nod for $19m plan to save Yoshikawa
        453 10  -  By Chuang Peck Ming SINGAPORE Debt-ridden Yoshikawa Chemicals (YChem) was yesterday given a new lease of life when its creditors approved a $19.4 million rescue plan proposed by Hongkong businessman Parry Chang. Talks are still going on with Yoshikawa Oil
        453 words
      • Article
        Three more Philippine firms expected to go public within two months
        490 10  -  From Al Labita in MANILA THREE more Philippine companies, buoyed by the bullish stock market, will go public within two months, brokers say. Filinvest Land, Steniel and Benpres plan to float a total of 4.1 billion pesos (*****.1 million)
        490 words
      • Article
        Diversifying Metro Drug set to raise earnings
        298 10  -  From Al Labita in MANILA METRO DRUG, the Manila flagship of Hongkong-based First Pacific Group, should increase its earnings this year and in 1994 on the back of its diversification drive, analysts say. To reflect its diversification, Metro Drug is transforming itself into
        298 words
      • Article
        Lock icon Hongkong China half-year net profit up 155pc
        300 10 Bloomberg Business News HONGKONG Hongkong China Ltd, the property investment arm of Lippo Group, said on Monday that its net profit for the six months ended June 30, 1993, leapt by 155 per cent thanks in large part to escalating prices of luxury
        Bloomberg Business News  -  300 words
      • Article
        Lock icon Dairy Farm net profit up 10.5pc despite losses at Spanish unit
        224 10 Bloomberg Business News HONGKONG International food retailer Dairy Farm International Holdings said its net profit rose 10.52 per cent in the first half of its financial year. The result was within analysts' expectations. The Hongkong-based company. part of the
        Bloomberg Business News  -  224 words
      • Article
        20 Indon firms seek approval to float securities
        363 10 JAKARTA At least 20 companies are seeking approval from the Capital Market Supervisory Agency (Bapepam) to float their securities on the capital market, Bapepam chairman Bacelius Ruru says. Mr Ruru told Commission VII of the House of Representatives (DPR) io a hearing
        363 words
      • Article
        Untitled
        1451 10 Nmmmn' prtwa Sep 16 ImrMM Fund SingSpOTS IMt Trust Income Bond Policy 3.65 3.79 The Commerce I.JO 1.58 PiIMfflflUdi The Savings Fund 1.41 1.48 ProLink Mgd Fund 1.23 1.30 S port Prof Fund 0.62 0.65xd S port Sec Fund 0.95 1.00 WW*HHpUIri S port Invest Fund 1.11 1.17 Fi« B'putra
        1,451 words
      • Article
        Lock icon Lawsuits allege USX Corp misled investors in share offer
        441 11 Bloomberg Business News PITTSBURGH Three lawsuits in a federal court here charged that USX Corp misled investors in an offering of nine million US Steel shares by implying in the prospectus that the International Trade Commission would uphold punitive duties on
        Bloomberg Business News  -  441 words
      • Article, Illustration
        Lock icon Murdoch gets approval to purchase New York Post for US$25m
        415 11 Reuter NEW YORK Media baron Rupert Murdoch cleared the last major hurdle to once again purchase the money-losing New York Post on Tuesday, winning approval of a US$25 million (Ss4o million) deal from a federal bankruptcy court judge. Judge Burton
        Reuter  -  415 words
      • Article
        Lock icon Mirror Group confident about outlook despite price war
        258 11 Reuter LONDON Mirror Group Newspapers pic is confident about the outlook for the rest of the year despite the price war in the British newspaper market. The company's first half pre-tax profit shot up to £69.9 million (SSI7S million) from £15.3 million
        Reuter  -  258 words
      • Article
        Lock icon IBM will not push for early lead in multimedia market
        233 11 Bloomberg Business News BOSTON International Business Machines Corp doesn't plan to push for an early lead in the burgeoning multimedia market, said Douglas Sweeney, vice-president of market development. Instead, the computer giant plans to participate in the emerging market by
        Bloomberg Business News  -  233 words
      • COMPANY BRIEFS
        • Article
          Lock icon Disney, Johnson & Johnson in HK deal
          82 11 Disney, Johnson Johnson in HK deal Bloomberg Business News HONGKONG American entertainment giant Walt Disney Co and pharmaceutical products group Johnson Johnson are to announce a new licensing agreement and introduce new products for the Hongkong market. In an invitation to a joint news conference, to be held tomorrow, public
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Reebok gives Chiat/Day the boot
          102 11 Bloomberg Business News NEW YORK Reebok International Ltd dealt a stunning blow to Chiat/Day Inc on Tuesday, unexpectedly dismissing the agency's New York office and consolidating its US$l4O million (***** million) worldwide Reebok brand account at Leo Burnett Co of Chicago. "Burnett had the resources;
          Bloomberg Business News  -  102 words
        • Article
          Lock icon Apple sells nearly 10,000 Newton units
          110 11 Reuter BOSTON Apple Computer Inc has sold nearly 10,000 units of its Newton hand-held computer since it was launched this month, Apple's chairman and chief technology officer John Scully said. "The product is selling very well," Mr Scully told a computer conference in Boston.
          Reuter  -  110 words
        • Article
          Lock icon Televisa plans stock split
          129 11 NYT MEXICO CITY Grupo Televisa SA, the Mexican media company that sends its Spanish-language soap operas around the world, is planning a 3-for-l stock split that could coincide with its initial listing on the New York Stock Exchange later this year, according to plans submitted to
          NYT  -  129 words
        • Article
          Lock icon Meiji Milk expects higher profit
          106 11 Bloomberg Business News TOKYO Meiji Milk Products Co, a major dairy foods maker, is expected to report current profit of 5.3 billion yen (5580.5 million) for the year through March 1994, up 11 per cent on the year, the Nihon Keizai newspaper said. Sales are
          Bloomberg Business News  -  106 words
      • Article
        General Electric to focus on Asia for expansion
        397 11  -  By Genevieve Cua SINGAPORE An arm of America's giant General Electric Company has singled out Asia as the focal point for expansion over the next few years. GE Industrial Power Systems, which generates a turnover of over US$l.5 billion (552.4 billion) in
        397 words
      • Article
        Lock icon Apple beefing up presence in China
        162 11 UPI BEIJING US computer maker Apple announced plans yesterday to take a bigger bite out of China's growing personal computer market by expanding distribution, targeting businesses and tailoring products for novice Chinese users. "It's our intention to become a leading supplier* of personal computers
        UPI  -  162 words
      • Article
        Lock icon Shougang not slowing down in acquisitions despite credit squeeze
        341 11 Bloomberg Business News HONGKONG When it comes to gobbling up Hongkong companies, China-backed Shougang Concord International Enterprises seems to have an insatiable appetite. The Hongkong arm of powerful Beijing-based steel concern, Shougang Corp announced plans to increase its existing 23 per
        Bloomberg Business News  -  341 words
    • FINANCE
      • SMALL CHANGE
        • Article
          Lock icon Barclays Bank to lay off 500 workers
          70 12 Knight-Ridder LONDON Barclays Bank yesterday announced it will lay off 500 workers because voluntary measures had not sufficiently reduced costs. The cutbacks will be centred in London and southeastern England, where about 25 per cent of the bank's 45,000 branch employees are concentrated.
          Knight-Ridder  -  70 words
        • Article, Illustration
          Lock icon The trillion-a-day interbank market
          55 12 Reuter CHICAGO Traders crowding into the tiny Rolling Spot Deutsche Mark pit at the Chicago Mercantile Exchange on Tuesday as the CME launched its second in a series of spot currency contracts. The contracts are expected to be most attractive to participants in the US$l trillion-a-day
          Reuter  -  55 words
        • Article
          Lock icon NZ insurers see better times
          73 12 Bloomberg Business News SYDNEY New Zealand's general insurance industry has better times ahead, according to an outlook by international ratings company Standard Poor's. The favourable outlook comes as New Zealand's recovery gathers pace. In the recession of the late-1980s, claims on insurers rose and investment
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Mastercard and Europay link systems
          67 12 Bloomberg Business News NEW YORK MasterCard International Inc and Europay International SA plan to link computer systems and form a global network for processing bank card transactions. The two major providers of bank card services said the new system will serve more than 10.8 million
          Bloomberg Business News  -  67 words
      • Article
        Lock icon Thai futures market study
        147 12 Reuter BANGKOK Thailand's Securities and Exchange Commission (SEC) said it will conduct a feasibility study on creating futures and options markets in Thailand. "The SEC board thinks that it's time to study the possibility," SEC spokesman Rapee Sucharitakul told a news conference. Mr Rapee said it
        Reuter  -  147 words
      • Article
        Simex says its JGB futures will create arbitrage opportunities
        357 12  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange said last night that its decision to trade Japanese Government Bond (JGB) futures would benefit the Tokyo Stock Exchange. Replying to comments by a TSE official opposing the imminent launch of
        357 words
      • Article
        Lock icon Banks launch forex trading system to rival Reuters
        230 12 AFP LONDON A powerful consortium of international banks is launching an electronic trading system to rival that of Reuters, which has dominated automated dealing in currencies for nearly 25 years. The Electronic Broking Service (EBS) was due to open trading here in
        AFP  -  230 words
      • Article, Illustration
        Local financial institutions urged to seize opportunities
        480 12  -  Conference on Global Financial Outlook By S N Vasuki ASIAN financial markets were in the spotlight due to the region's robust economic performance, and local institutions should use the homeground advantage to seize the emerging opportunities, said Yeo Lian Sim, director, international department,
        480 words
      • Article
        Sluggish OECD economies seen impeding E Asian growth
        517 12  -  By Paul Leo SINGAPORE Economic growth in East Asia will remain in the single-digit range throughout 1993 and 1994 because of weak demand from member countries of the Organisation for Economic Cooperation and Development, said G T Management (Asia) chief economist and
        517 words
      • Article
        Third World nations need US$150b a year for infrastructure projects
        358 12  -  By Quak Hiang Whai SINGAPORE Developing countries need about US$l5O billion (*****.5 billion) annually for private infrastructure projects this decade. International Finance Corporation, an arm of the World Bank, said yesterday. The mobilisation of private money for investments in infrastructure
        358 words
      • Article, Illustration
        Rabobank plans Dragon bonds in S'pore, HK
        320 12 RABOBANK of Holland plans a debut issue of Dragon bonds in Singapore and Hongkong within three months. The general manager of the bank's financial markets division, R Arthur Arnold, said yesterday this would be followed by other issues. Each will be worth at
        320 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon India looking into black money for black gold scheme
        448 13 Reuter NEW DELHI India, desperate for investment to boost its declining oil sector, is considering a scheme to channel illegal cash from the black economy into high-risk exploration, its minister for oil said. Satish Sharma, Minister of State for Petroleum and
        Reuter  -  448 words
      • Article
        Demand for US oil products up
        324 13 Bloomberg ENERGY REPORT WASHINGTON US demand for oil products rose 1.4 per cent in August compared with the ycar-ago period, the American Petroleum Institute said yesterday. Overall, deliveries of oil products a key measure of demand averaged 17.233 million barrels a day in August,
        324 words
      • Article, Illustration
        Lock icon In search of El Dorado
        74 13 Reuter WINDY HILL, Sooth Africa They cane in their hundreds. Old and yomg women, men and children, down to a trickling stream to hammer at die rocks in a tribal area near the Natal provincial capital Pietermaritzburg. The ramour was there was gold. But geologists
        Reuter  -  74 words
      • Article
        Lock icon S&P praises Aussie banks for surviving debt binge
        241 13 Knight-Ridder SYDNEY Ratings agency Standard and Poor's on Tuesday praised Australian banks, saying they had survived the worst of the 1980s debt binge and now compared favourably to banks worldwide. However, S and P warned that the increasingly competitive nature of the
        Knight-Ridder  -  241 words
      • Article
        Lock icon Russia expects crude output to fall to 350m tonnes
        309 13 Knight-Ridder SINGAPORE Russian crude oil production is estimated at 350 million tonnes this year, down from 428 million tonnes in 1992, Anatoly Fomin, first deputy minister of fuel and energy of the Russian Federation said yesterday. Speaking to reporters at the
        Knight-Ridder  -  309 words
      • Article
        Lock icon Use of aluminium in cars set to jump
        306 13 KnightRidder MONTREAL With applications ranging from rolled sheet to the space frame for highvolume passenger cars, aluminium could increase its share of the car market to 50 per cent by 2010. This is the view of T J Di Guiseppe, vice-president of
        Knight- Ridder  -  306 words
      • Article
        Lock icon Pakistan cotton prices come a cropper
        345 13 Reuter KARACHI Pakistan cotton priccs have slumped in the last two weeks on signs of a big crop after last year's poor picking and high interest rates that have kept buyers out of the market, analysts said. Prices for the new crop of 1993/94
        Reuter  -  345 words
      • Article, Illustration
        REGIONAL CURRENCY REPORT
        13 13 The Banque Indosuez regional currency report was not available yesterday.
        13 words
      • Article
        Lock icon London .
        269 13 London UPI LONDON A cut in interest rates by some key US banks and disappointing US indicators sent the dollar Tailing against the main European currencies yesterday. Analysts said that dealers were dumping the dollar for the German mark on the basis of the higher yield ofTered by the German
        UPI  -  269 words
      • Article
        Lock icon New York
        144 13 Reuter NEW YORK The dollar leapt against the yen in hectic US trading yesterday as jitters ahead of today's expected release of Japan's economic stimulus package caused many players to liquidate long yen positions, dealers said. The dollar's renewed vigour against the yen helped rescue it from its
        Reuter  -  144 words
      • Article, Illustration
        Untitled
        1562 13 Trade-weighted index cakviated against Spore s tap 14 trading partners Base year 198} l)S$/SJ forward rates Noon Sep IS Bid Ofirr 1-month I.$968 I 5983 2-month 1.5966 1 5981 3-month I 5963 1.5978 6-monlh 1.5952 1.5972 Source OCUC Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa M Sap 15
        1,562 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady, Euroyen weaker
        1453 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended little changed after a session of moderate trade yesterday. Dealers said the contract recovered from initial lows in late prof-it-taking. Eurodollars had weakened in early trade in spillover selling on the Simex after falling sharply
        Reuter  -  1,453 words
      • Article
        KL tin recovers from record falls
        602 16 COMMODITY REPORT! Tin TIN posted a mild recovery to end slightly higher on strong trade buying yesterday, after falling to new record lows in the previous two trading days, traders said. The metal finished three sen up at MSI 1.25 a kg despite further
        602 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indon palm oil export strong
          119 16 KUALA LUMPUR Palm oil stocks at Indonesia's main export ports of Dumai and Belawan, in Sumatra, have fallen because of strong exports, traders said. Malaysian and Indonesian traders said total stocks at the two ports have fallen to about 30,000-35,000 tonnes, from near 80,000 a
          119 words
        • Article
          Bumper Indian soybean crop expected
          90 16 NEW DELHI Good rains last week across India's soybean-growing areas of central Madhya Pradesh has helped the crop, and the harvest is expected to set a new record, industry officials say. Officials differ over the size of the crop, but agree that the output will
          90 words
        • Article
          BP refinery in Perth to expand
          77 16 SYDNEY BP Australia said yesterday it would spend AS2OO million (SJ2O6 million) on expanding its Kwinana refinery in Perth to increase its capacity to manufacture unleaded and low-lead petrol. "The expansion programme is a significant investment for BP and reflects our confidence in the
          77 words
        • Article
          Exxon unit in zinc, copper venture
          53 16 TORONTO Exxon Coal and Minerals Co and Rio Algom Ltd have formed a partnership to develop a zinc and copper deposit near Crandon, Wisconsin. The partnership, known as Crandon Mining Co, will seek permits for an underground mine with an initial output of 5,500
          53 words
    • Article
      COMMODITY PRICES
      1646 16 Rubber HAS CMHMdtty Eiduaga (futures elating as at lpai) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 93 132.00 132.00 132.25 100 U25 Nov 131.25 131.25 131.50 100 4.400 Dec 130.50 129.75 130.50 175 5,275 Jan/Mar 94 130.50 129.50 130.00 750
      1,646 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1335 17 -25.4 Australian shares continued their downward correction yesterday, dragged lower by a weaker Wall Street, hectic futures trading and a heavy fall in News Corp. "It was lacklustre all around it is part of an ongoing consolidation. a healthy correction." said John Bowie Wilson of Hambros Equities. A firmer
        1,335 words
      • Article
        Seoul
        400 17 -3.93 The stock market finished lower in a day of lethargic and cautious trading, banishing most investors firmly to the sidelines. Brokers said rumours smaller companies would default on debt obligations sparked a sell-oft' in low-priced shares. The composite stock index shed 3.93 points to 691.44. Brokers said individual
        400 words
      • Article
        New Zealand
        263 17 -14.17 The NZSE-40 capital index closed lower for the fourth consecutive day with brokers unable to pinpoint specific reasons for the fall. Doyle Paterson Brown's Neville Todd said it was the absence of buying. "It's negative sentiment more than anything fundamental," Buttle Wilson's Peter Halligan said. He cited
        263 words
      • Article
        Bombay
        42 17 •7.16 The decline in share prices continued in brisk after hours kerb deals on profit-taking by speculators, brokers said. The Bombay Stock Exchange 30-share index closed at 2,800.48, down 7.16 points. The 100-share national index closed 1.26 points lower at 1,317.75.
        42 words
      • Article
        Manila
        545 17 -2.24 Share prices closed mixed but still looking set for another climb after profit-taking on Tuesday, dealers said. Gainers were led by Manila Electric Co B which rose five pesos to 277.50 and broadcaster ABS-CBN up one peso to 62.50. Philippine Long Distance Telephone Co slipped 20 pesos to
        545 words
      • Article
        Taipei
        532 17 -44.4 Taiwan's stock market closed at a seven-month low on a wave of late selling after the index broke below a support level at 3,800 points, brokers said. The weighted index ended 44.40 points or 1.2 per cent down at 3,782.10, its lowest finish since 3,775.19 hit on Februai7
        532 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        873 17 Britannia Funds Slrriiaf Cash Bid Ofler Mim Cap Deposit It MOO 316)00 Mim Jenry Gilt 0.1(93 0 1992 Mim Mix Income *10)00 ****** IS$ Cash Income Ph» Fund ******0 *11 MOO PS Rncrvc Fund *5 2100 5 2200 Sterling Euro Performance 0-4592 0 493( Fir Em Fund *1 7650 *2
        873 words
      • Article
        London
        639 17 -38.6 A worse-than-expected rise in inflation last month dashed hopes of an interest rate cut and drove the key index on the London Stock Exchange down through the key 3,000point level yesterday. The blue-chip Financial Times Stock Exchange 100-share index, which rose 3.2 points on Tuesday, closed at 2,989.4
        639 words
      • Article
        Paris
        111 17 •55.63 French shares' losses ended at 2.61 per cent by the close, hit by sentiment European rates are not falling fast enough and by profittaking on bonds. The CAC-40 index ended down 55.63, or 2.61 per cent, at 2,078.51. Paris Sep 15 Fr Air-Uquxfc 749 00 200 Alcwcl Aimhom
        111 words
      • Article
        Frankfurt
        180 17 -20.18 Share prices drifted lower towards the end of a lacklustre session to end at the weakest closing since August 3. Dealers said bourse had no buying incentives at the moment. The 30share DAX was down 20.18 points at 1,860.39, losing just over 1 per cent on the day.
        180 words
      • Article
        Stockholm
        132 17 -1.53 pc Swedish shares closed the day lower on sharply higher debt market yields and weak foreign bourses. Indices fell more than 1.5 per cent. The OMX-index tumbled 1.85 per cent to 981.01, while the blue-chip top-16 index fell 1.79 per cent to 1,319.03. The all-share index was down
        132 words
      • Article
        Brussels
        166 17 1.07 Belgian shares closed another side-ranging session with small gains as a slight improvement in sentiment after the central bank's 25 basis points cut in overnight rates was offset by late dollar weakness. Traders said they saw little scope for a rise in the short term. The Bel-20 index
        166 words
      • Article
        Milan
        133 17 -1.46 pc Blue chips reversed early gains and followed other European markets down. Weaker lira also adds selling pressure. Direction uncertain with October trading account to start tomorrow. The Mibtel index ended 1.46 per cent down at 10,754. Ferruzzi was likely to remain volatile before creditors present a rescue
        133 words
      • Article
        Zurich
        242 17 -10.18 The weak dollar pushed Swiss shares lower and prices were expected to remain under pressure for the remainder of the week. Nestle registered shares fell 21 Swiss francs to 1,041 in active trade. In banks. Union Bank bearers lost seven to 1,133, CS Holding eased 40 to 2,790
        242 words
      • Article
        Johannesburg
        316 17 +22 Futures-related buying gave shares a late upward shove amid improved sentiment as gold pushed towards US$35O an ounce. The gold index finished 62 points higher at 1,590 a 4.1 per cent gain, while the JSE industrial index gained late in the day to end 22 points better at
        316 words
      • Article
        Toronto
        278 17 -12.28 Toronto stocks opened down yesterday as weakness in most sectors overcame a rise in gold shares, brokers said. The TSE 300 composite index opened down 12.28 points at 3,959.84 in turnover of 12 million shares valued at C 591.68 million. The precious metals index opened 161.69 points, or
        278 words
      • Article
        New York
        819 17 •8.66 Wall Street traded lower yesterday, continuing its profit-taking slide ahead of a religious holiday today as well as the expiration of three separate classes of securities tomorrow. The Dow Jones Industrial Average was down 8.66 points to 3,607.10 at 1 pm EDT. In the broad market, declining
        819 words
    • Article, Illustration
      Lock icon HONGKONG
      2636 18 Bloomberg Business News HONGKONG Hongkong stock prices closed modestly higher after giving up early gains on news that the Allied Group is subject of a massive investigation. Early in the day, Hongkong police swooped down on the group of companies controlled by Malaysian businessman Lee Ming Tee. The police
      Bloomberg Business News; Source: Bridge Info  -  2,636 words
    • Article, Illustration
      CHINA
      492 18 HONGKONG Trading was inactive on the Shanghai B share market with the index closing 2.4 points higher at 782.87 yesterday. Among the gainers were Dazhong, China TM and Outer Gaoqiao. Other traded counters closed unchanged. Trading was slightly more active on the Shenzhen B share market compared to Shanghai.
      492 words
    • Article
      TOKYO
      2109 18 The Tokyo market was closed for a holiday yesterday. Below are Tuesday's closing prices. Vol Sep 14 Yn High Low (TX>) PE Ajinomoto 1450 unch 1450 1430 3750 »2 \kai Ekctnc 524 -6 529 523 390 76 Ml Nippon Airways 1230 unch 1240 1210 3540 519 Mnada 985 +12
      2,109 words
    • Article, Illustration
      Lock icon BANGKOK
      1647 18 Reuter BANGKOK Profit-taking pared gains on the Thai stock market yesterday, but late buying of some big capitalisation issues edged the index up at the close, brokers said. The SET index closed 3.83 points higher at 992.36 on turnover of 7.96 billion baht. It had climbed to a high
      Reuter; Source: Bridge Info  -  1,647 words
    • Article, Illustration
      Lock icon JAKARTA
      1005 18 Reuter JAKARTA Share prices closed higher in active late trading yesterday, brokers said. The official index closed at 431.31, a gain of 2.94 points. "Late hunting by local players pushed share prices up amid active trading," a foreign brokerage dealer said. Brokers saw strong support on property counters. Modern
      Reuter; Source: Bridge Info  -  1,005 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2344 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE ¥>towt Kemayan 50c 45.589.000 FAC B 50c 25.377.000 Mctroplex 50c 20.580.000 PMI 50T. 18.538.000 ldris Hyd 50c 16.317,000 AMDB 50c 12.848.000 Promet 10.582.000 Lintui 50c 10.408.000 Kamuniing 50c 10.328.000 Kaber Group 10.325.000 M MO«KT:. 9 HZ-22° Landmarks Bhd 9.832.000 Ind
      Source: Bridge Info  -  2,344 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end weaker with retail activity dominating
        5289 19 Bernama KUALA LUMPUR Share prices here closed easier with losers outnumbering gainers by about two to one in active trading yesterday. The market was steadier in the morning but slackened from mid-afternoon on profittaking as it continued to consolidate. Most institutional players were
        Bernama; Source: Bridge Info  -  5,289 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Share prices weaken in heavy trading
        1067 20  -  By R Sivanithy SINGAPORE The Singapore stock market ended its two-day recovery yesterday as share prices eased across the board to push the Straits Industrials Index down 11.14 points to 2,001.35. Volumes, however, continued to be robust a total of 458.7 million units worth
        Source: Bridge Info  -  1,067 words
      • Article, Illustration
        Lock icon Amalgamated Steel Mills
        60 20  -  I HOT CTBCK Quak Hiang Whai THINGS do not look good on the daily charts for Amalgamated Steel Mills. The nine-day moving average line has cut the price line from below. And the MACD has turned around, signalling consolidation or a correction ahead. The daily and weekly
        SOURCE: BRIDGE INFO  -  60 words
      • Article
        Untitled
        6480 20 Of Gr 1993 Lai V* Dm Last OMt Dt» Oh W Nk MCa Hick Urn Co-p«T Sri. 00*) H%h U. §3» CV P/I Srf INDUSTRIAL AND COMMERCIAL 1350 260 Aon. 1130 cd -10 65 1170 1140 1130 1150 12.5 2.1 J.I 491 792.7 28 58 I: J5J& Si Mi >U
        6,480 words
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      155 words
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      206 10 WARNING CRIMINAL HISTORY PROVES THAT NEW "PERFECT" MEASURES OR SYSTEMS ARE NOT A CURB TO THEIR ACTIVITIES BUT A CHALLENGE TO THEIR INGENUITY. PIRACY 1992 $4 MILLION WORTH OF CARGO ILLEGALLY DIVERTED AND LANDED IN FAR-EAST. SUBSEQUENTLY FOUND WITH VALUE WORTH A MEAGER PERCENTAGE 1993 3 MILLION WORTH OF CARGO
      206 words
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      277 words
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      980 12 f S THE FUJI BANK.UMITED I (Incorporated in Japan) I Non-Consolidated Balance Sheets Non-Consolklated Statement of Income I As at March 31. 1993 For year ended March 31. 1993 I Millions of yen Millions of yen I 1993 1992 <993 1992 I ASSETS INCOME I Cash and Due from Banks
      980 words
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      131 14 4 V ju 1 t J 1H v •hi am "jljjß m 11 0 O mf ffl I I mJII I I I I I I H pH|HHI||pHHB I IH B —O"" *T| »~%-4' s >. *+-i*isy&. fr ;"vfl UK aJI ".J <!<• f.^..; r ii OMHMM 10.11 Ctesaicaiion, Approval,
      131 words
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      135 14 Our Heartiest Congratulations To Van Ommeren 1 OE3 -g- ft. PS. -SiSee Hup Seng (Pte) itd 25, Ptoneer Sector 2, Jurong, Singapore 2262 Tel: *****43 (8 linee) Tetoc SHSTC RS *****. CaHe Add. SEHUPSE". Fax No. *****22 I DAIHATSU I Provides Daihatsu engines, spare parts services in Asia, toe Middle
      135 words
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      Page 14 Advertisements Column 3
      183 14 <^tfe>TOTAL AUTOMATION SERVICES (S) PTE LTD 46 Gui Drive Jurong, Singapore 2262. Tel: 862 1326 Fax: 862 1336 CONTROL EQUIPMENT INSTRUMENTATION SALES AND SERVICE TO THE MARINE OFFSHORE LANDBASED INDUSTRIES Total Automaton is proud to ba raspondble lor to supply and commissioning of tha Cargo Tank Gauging System and load
      183 words
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      Page 14 Advertisements Column 4
      186 14 fjL FOSTER INDUSTRIAL PTE LTD 21 Gul Ave, Jurong Town, Singapore 2262 Tel: 861 1338 Fax: *****96 (htmber of the Fostor Group of Companies) m |BK KELVIN HUGHES Supply of Kelvin Hughes Nudens lotegdfat Navigation System "NINAS* complying to BUREAU VERITAS, Classification Mart fJN.C. fer a "One-Man Bridge" operatien. Nucleus
      186 words
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      Page 14 Advertisements Column 5
      67 14 OaafSh JASON ELECTRONICS (PTE) LTD 2 Alexandra Road, 107-06, Delta House, 0315. Tel: 273 0211 <einee)Teta:RS ***** JEPI Cable: FNEOCEAN He 273 4431 equipment lor PORT JOMVLLE t J SIN 6HEE HUAT METALS (PTE) LTD 21 Playttr Road, 5(1336) Tel: 286 9998 Fix: 283 7774/5* FAR EAST OFFSHORE MARINE SUPPLES
      67 words
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      Page 14 Advertisements Column 6
      2 14 I /3H
      2 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      296 15 i V n J imbawang Bethlehem m J m n %Stf^\fi^Oj£ *$i rf \ffff^* m x> LL.J" v t j> i~ ~r y fT ■^V?-^S/**".' I J -s K f <>' .%> \;;y t r -V •■[y'- J <%£k. i*: v Vs| fSFlrafi S?1 •*> i£l i V i i
      296 words
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      Page 15 Advertisements Column 2
      85 15 Congratulations to Sembawang Bethlehem Pte Ltd KVAERNER SINGAPORE PTE LTD 15 Benoi Crescent, Singapore 2262 Tel: 261 6066 Fax: 261 6011 is proud to have supplied and commissioned the following equipment for PORT JOINVILLE:Cargo Pumping System Engine Room Pumps Incinerator MHffiRNHI (BHNNO) "You couldn't leave your cable requirements in better
      85 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      754 16 NOTICES f Chapter 50 Section 290(2) (b) NOTICE OF RESOLUTION COLUMBUS SYSTEMS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Columbus Systems Pte Ltd held at 6 Battery Road *32-00, Singapore 0104 on the 10th day of September 1993. the following special resolutions were duly passed:
      754 words
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      Page 16 Advertisements Column 2
      39 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead The SIWUTSTWiS jfcjprMlTNMT* B= offers I the most I current I c list of Job I! opportunities I awaila^^^
      39 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      32 17 Piaget. True values never change. \p Boutique and Service Centre: Y A "01-01 Mandarin Shopping Arcade, CjfJz 1 The Mandarin Singapore, j 333 Orchard Road, Singapore 0923 JOAILUER EN HORLOGBUE MPUS U74
      32 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      179 18 Rainbow Collection 1 A Legend at Sea and on Land Primero automatic chronograph movement (Bffi LiKfl K Non-reflecting sapphire glass ■r 1 1* —TT flj Water resistant to 100 m or 50m. iAtwilflNf in gold, gold and steel or steel. I^TH Above li Brrond P*» Lid 1 Maritime Squire *02-101
      179 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      38 20 ©Discover how the Gregorian I calendar will be affected in the leap year 2100. At The Hour Glass, Lucky Plaza, Bth September 19th September 1993, 10.30 am B.oopm (Monday to Saturday); 11.00 am 5.00pm (Sunday). The HourGlass B
      38 words
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  • SPORTS
    • Article, Illustration
      Lock icon Neck injury forces Langer to pull out of Lancome Trophy
      264 21 Golf Reuter ST NOM LA BRETECHE, France Bernhard Langer has withdrawn from the Lancome Trophy with a neck injury, but he still intends to take his place on the European team which will attempt to regain the Ryder Cup from
      Reuter  -  264 words
    • Article, Illustration
      Lock icon Thank goodness it's just the windows
      55 21 Reuter TORONTO, Ontario A window washer standing on top of a building is silhouetted against the roof of Toronto's Skydome in the early morning sun, while preparing his buckets for work. The retractable roofed dome is home to Toronto Blue Jays baseball team and
      Reuter  -  55 words
    • Article
      Lock icon Christie and Jackson slam allegations of Chinese doping
      519 21 AP LONDON World champions Linford Christie and Colin Jackson both said on Tuesday it was wrong to accuse record-breaking Chinese women athletes of drug taking. "They say they are clean and legal so maybe we should try and learn from them," 100
      AP  -  519 words
    • SIDE LINES
      • Article
        Lock icon Whitaker is WBC champ: agent
        117 21 AP NEW YORK Pemell Whitaker's promoter, believing a ringside judge exceeded his powers, says his fighter should be made the winner of last week's WBC welterweight title bout with Julio Cesar Chavez. Dan Duva has asked the Texas Department of Licensing and Regulation, which oversees
        AP  -  117 words
      • Article, Illustration
        Lock icon Catch... and you're out
        50 21 Reuter BOSTON Boston Red Sox catcher Bob Melvin (right) tagging Baltimore Oriole Cal Ripkin, Jr (left) out at home plate in first inning action at Boston's Fenway Park on Tuesday. Melvin was taken out of the game with a cut above his eye during the play.
        Reuter  -  50 words
      • Article
        Lock icon NBA studying Canada franchise bids
        77 21 AFP PALM DESERT, California The National Basketball Association is considering four applications for its first franchise outside the US, all offered by Canadian groups. NBA owners concluded four days of meetings here with several announcements, including the replacement of a Legends all-star game with one
        AFP  -  77 words
      • Article
        Lock icon UK Olympic team gets free flight
        85 21 AFP LONDON Britain's Olympic team will be flown free of charge to the 1996 Games in Atlanta by American company Delta Air Lines. The sponsorship deal, worth some £4.5 million (S$ 11.1 million), will help a thousand potential British Olympic athletes over the next
        AFP  -  85 words
      • Article
        Lock icon IOC head to meet Palestinians
        76 21 AFP LAUSANNE The president of the International Olympic Committee, Juan Antonio Samaranch, was to meet a representative of the self-styled Palestinian Olympic Committee here yesterday. The move followed Monday's mutual recognition by Israel and the Palestine Liberation Organisation, signed in the grounds of the White
        AFP  -  76 words
    • Article, Illustration
      Lock icon Samaranch sees no successor for sport's top job
      558 21 AFP PARIS Juan Antonio Samaranch, who wields a power many heads of state would envy, believes he must carry on as president of the International Olympic Committee. "You cannot abandon office when there is no clear-cut successor," he said this week. "The
      AFP  -  558 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        80 21 Reuter NEW YORK American League Tuesday: Baltimore 11 Boston 3; Toronto 9 Detroit 5; NY 12 Milwaukee 5; Oakland 8 Minnesota 3; Chicago 8 Kansas 3; Cleveland 2 Texas 0; California 9 Seattle 2. National: Pittsburgh I Honda 0 (in 6); Atlanta 10 Cincinnati 3; NY 5 Philadelphia 4;
        Reuter  -  80 words
      • Article, Illustration
        Lock icon Tennis
        273 21 AFP AFP AFP BUCHAREST Romanian Open Ist rd Tuesdny: Goran Ivanisevic (Cro) b Horst Skoff (Aus) 7-6 6-3; Dinu Pascariu (Rom) b Bernd Kar- bacher (Ger) 6-4 7-6; Kard Novacek (Cze) b Younes El Aynaoui (Mor) 2-6 7-6 6-4; Renzo Furian (Ita) b Frederic Fontang (Fra) 6-4 7-6; Marcos
        AFP  -  273 words
      • Article, Illustration
        Lock icon Golf
        125 21 Reuter AP PONTE VEDRA, Florida US men's tour lending money winners this year issued Monday (US unless noted): 1 Nick Price (Zim) U551,419,757 (552,270,010) 2 Paul Azinger U551,326,869 3 Greg Norman (Aust) U551,160,903 4 Lee Janzen U*****,170 5 Payne Stewart U*****,475 6 Fulton Allem (SA) U*****,758 7 Tom Kite
        Reuter; AP  -  125 words
      • Article, Illustration
        Lock icon Volleyball
        36 21 AFP BANGKOK 7th men s Asian Championships first round Tuesday Group B: Japan b New Zealand 15-3 15-8 15-0. Grp D: China b Australia 15-11 15-7 15-9; Qatar b Philippines 15-6 12-15 15-12 15-10. AFP
        AFP  -  36 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      426 21 NOTICES THE COMPANIES ACT, CAP. 50 MAYSON INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of MAY SON INVESTMENTS PTE LTD duly convened and held at 1 COLOMBO COURT #06-29, Singapore 0617 on Monday, tm 13 day of September 1993 me toUovwng spiciel resolutions sst out
      426 words
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      Page 21 Advertisements Column 2
      236 21 U5530,000,000 Negotiable Floating Rate Notes due June 1995 KOREA MERCHANT BANKING CORPORATION In accordance with the provisions of the Notes, notice is hereby given that for the three-month interest period from 15 September, 1993 to 15 December, 1993 the Notes will cany an Interest Rate of 3.3125% per annum. The
      236 words
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      Page 21 Advertisements Column 3
      198 21 LOST SHARE CERTIFICATES The following Share Certificates have been reported tost or destroyed:NEPTUNE ORIENT LINES LIMITED Certificate No. In the name of No. of Shares *****27 Quek Sock Cheng 1 x 1000 *****21 Lau Hi Tai Low Hi Tai 1* 100 (ICCPS) SEMBAWANG SHIPYARD LIMITED *****4 Ariyana Koman Shanmugam 1
      198 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1247 22 Nothing BeatsA BmL Hrffiifl where t w|me |ne and entertain or mm EXECUTIVE PREROGATIVE A good business decision would be to have a 5-course Italian set lunch at only $26++ per person. From 12 noon to 3 pm. lAIT I C*' Call 739 6528 for reservations. |j (J jj USTOIA
      1,247 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The sun sets on the Beach Boys
      720 23  -  Not as many people want a slice of the band as American as apple pie, says Dean Goodman Dean Goodman Reuter THE Beach Boys are as American as apple pie except that nowadays not as many people want a slice. In the early
      Reuter  -  720 words
    • Article, Illustration
      Leading lady's fading light
      550 23 CHATTERBOX HAS SHOWBIZ star Patti LuPone come to the end of Sunset Boulevard? That's the question posed by New York Magazine, which reports that Andrew Lloyd Webber may have offered LuPone US$l million (SSI.6 million) to give up the role of Norma Desmond in his musical
      550 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      140 23 Qfbummer (dttitee Enjoy the delicate temptation of the finest Cantonese dian xin for lunch, freshly prepared by our team of Hong Kong chefs. And what better place than the Summer Palace to eat to your heart's content. the CM Singapore A Foui Seasons Recent Hotel 1 Cutcaden Road. S'pore 1024.
      140 words
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      Page 23 Advertisements Column 2
      125 23 Authentic Quality Indonesian Food. l It's Worth Going A Little Out V Of Your Way To Find It. If you have a taste for authentic Indonesian v food, get away from the hustle and bustle, of downtown Singapore, at Tambuah Mas where you'll dine on a selection of quality, delicious
      125 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1292 23 Lethal Weapon. 10.30pm, SBC 5 Some by Mel H Gibson and Danny Glover, I L plus a haunting score by Eric I til %3m Clapton and Mick Ramen I t «w make this JSHt your while. A veteran police jr officer (Glover) is forced to pT ,«Lkij^k team up with
      1,292 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      392 24 i Enter A New i Lifestyle WITH Master Win i IT I It I I 4^®e^lFiWfF®MHll^h ,^s^fc^G^s^3^^Bß^^3l^^ B B j I'MB HVtI »HHi p? i IP BSbbSP^®^ v Enter Master Win now and you have the chance to win a membership* with the This means of course, the more you
      392 words
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  • INNOVATION & TECHNOLOGY
    • Article
      A relief for Hepatitis sufferers
      762 25  -  A new drug, just approved by S'pore, could spell relief for Hepatitis-B sufferers, reports Joseph Rajendran Joseph Rajendran Singapore's Ministry of Health has given its approval to Cali-fornia-based Sciclone Pharmaceuticals Inc to market a new drug for the treatment of chronic Hepatitis-B. The company's Singaporebased
      762 words
    • Article, Illustration
      Lock icon Vitamin pills cut cancer risk: study
      458 25 Reuter THE first hard evidence that vitamin pills can lower cancer risk has emerged from a study of nearly 30,000 residents of north-central China, American researchers reported on Tuesday. A team including Chinese as well as American scientists gave residents of Linxian county either
      Reuter  -  458 words
    • Article
      Lock icon Fuzzy logic to make elevators smarter
      399 25 NYT NEW artificial intelligence software patented by the Otis Elevator Co could mean more elevators will zoom past a lone person in favour of a large group waiting on a different floor. The invention uses so-called fuzzy logic to estimate how many people are
      NYT  -  399 words
    • IN TAKES
      • Article
        Lock icon Brain cell suicide in Alzheimer's
        88 25 UPI A US study shows cclls exposed to a protein in the brains of Alzheimer's disease patients appear to "commit suicide", a finding that may lead to a better understanding and control of the disease. The brain cells undergo an orderly form of death called
        UPI  -  88 words
      • Article
        Lock icon Recycling washing machine water
        123 25 NYT LOS ANGELES Water shortages have compelled people to conserve by not watering lawns, doubling up in showers or limiting their toilet flushes. Now people in drought-ridden areas can consider re-using their washing machine water. Jack DHcin, an engineer, has patented a system of tanks for
        NYT  -  123 words
      • Article
        Lock icon Sniff 'n learn from flowers
        109 25 Reuter CHICAGO The scent of a mixed floral bouquet may boost your learning curve. A study by the Smell Taste Treatment and Research Foundation said subjects showed an average improvement of 31 per cent in completing standardised conncct-thc-dot tests when subjected to the floral odour.
        Reuter  -  109 words
    • Article
      Lock icon Heavy shoes for athletes
      120 25 NYT TO STRENGTHEN legs or train for a competitive sport, athletes and exercisers often strap on ankle weights or attach weights to their sports shoes. But like everything else with athletics no pain, no gain. Athletes like Rodger Wagner, a former college basketball player, found the
      NYT  -  120 words
  • THE LAW PAGE
    • Article, Illustration
      S'pore likely to adopt UN law
      810 25  -  Ramesh Divyanathan reports on the move to adopt an international model law on arbitration Ramesh Divyanathan THE REPUBLIC is likely to adopt provisions of an international model law on arbitration, a move that will propel Singapore into the major leagues of international arbitration centres.
      810 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      39 25 BEGINS WITH A 1 HOME OF YOUR OWN 2 Stop dreaming and start living. Wander through our Properties Section in The Straits Times Classified and locate an ideal home you have rVQ always been gaxs. dreaming of. 737-1 m
      39 words
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  • Article
    Japan needs a deep tax cut
    525 26 CMTOMAL THE bureaucrats at Japan's Economic Planning Agency must be squirming with embarrassment. Three months ago their boss, former minister Hajime Funada, proclaimed that the country's troubled economy had bottomed out. But this week has come the disconcerting news that the economy has not
    525 words
  • WHAT THE OTHERS SAY
    • Article
      Nations of the world, unite
      184 26 CAUGHT BETWEEN the impossibility of becoming a world government and the threat of irrelevance in tomorrow's world, the United Nations is in a difficult position. What form a revitalised UN should take is important, but it is a point of detail which will become clearer
      184 words
    • Article
      Get over that hangover
      125 26 PRESIDENT Bill Clinton's decision to ease economic sanctions against Vietnam is certainly a welcome relief. Mr Clinton's decision was in line with expectations among businessmen and diplomats following his action on July 2 to lift a US ban on new lending by the World Bank and
      125 words
    • Article
      Not just a matter of numbers
      192 26 THE OPPOSITION Chat Pattana, Prachakom Thai, Muanchon and Rassadom parties, together with the Social Action Party, a member of the coalition government, deserve to be condemned for their plan to merge, with the ulterior motive of forcing Prime Minister Chuan Leekpai to dissolve the
      192 words
    • Article
      Triangular power
      223 26 THE EARLY EGYPTIANS knew there was something to this triangle thing, with their pyramids and fascination with triangles. The amazing power of the triangle is not lost on modern man, either. Even musicians know what a happy sound a triangle makes. Well, the world is fast finding out
      223 words
    • Article
      Attitude change needed in Japan
      167 26 JAPAN MUST, sooner or later, change its prosperity-for-only-itself mentality. It must allow foreign goods to be sold, and to compete freely, in Japan. This should include rice imports so as to lower the daily expenditure of the Japanese and to improve their lives. Secondly, Japan
      167 words
    • Article
      Is China playing politics?
      140 26 A SENIOR Chinese official, Wang Qiren, yesterday backed building the new Hongkong airport, no matter what the outcome of the political reform talks between China and Britain. The statements by Mr Wang, deputy director of the State Council's Hongkong and Macau Affairs Office, is encouraging. It
      140 words
  • Article, Illustration
    Lock icon A Gaullist echo heard in French threats on Gatt
    776 26  -  The success or failure of Gatt trade negotiations rides largely on the shoulders of French PM Edouard Balladur. Nelson Graves reports Nelson Graves Reuter FRANCE'S farmers are threatened. Its European Community partners refuse to budge. A Gaullist leader boycotts EC meetings,
    Reuter  -  776 words
  • Page 26 Advertisements
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      102 26 ftpd Teu-soo U>IPT UpoT M^cMTowese.-j Hcixp- «oy) a Lei" s Give vr~ rp»tG wene.?/- y p* OUT^/ fl teOtoN SoTl ..■ae.m«»..wire. DOONESBURY GARRY TRUDEAU MEANS INTEGRATING TT MEANS LETTING I.OOOFLOUJ- BUT tVE SIT TIGHT. I MEAN tfY'DESEGRE&WON"? I THE DORMS AND THE DINING EPS BLOOM, CELEBRATING OUR ALFEAPY (WU.GET I
      102 words
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  • ANALYSIS
    • Article, Illustration
      Asia: the world's largest market in 2000
      808 27  -  Regional Economics Editor Vikram Khanna finds out what an Unctad report released today has to say about the economic prospects of Asia, China in particular, and the world as a whole Vikram Khanna IF THE differences in economic growth rates that prevailed between
      808 words
    • Article
      Lessons from the Chinese art of economic reform
      362 27 CHINA'S experience with economic reform contrasts sharply with that of the countries of Eastern Europe and the former Soviet Union, according to Unctad. China did not start out with a comprehensive blueprint on what its reforms should be, or their sequence. The
      362 words
    • Article
      Less rosy outlook for the world
      513 27 THE world economy will grow by 1.4 per cent in real terms this year the same as in 1992, Unctad says. Asia's economic growth is forecast to be 6.2 per cent on average, or slightly higher than last year. Unctad's 1993 Trade and Development
      513 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      724 27 (Incorporated in (he Republic of Singapore) The Directors are pleased to announce the audited results of the Group and the Company for the year ended 00 June 1993: -41. AUDITED RESULTS OF THE GROUP AND OF THE COMPANY GROUP COMPANY 1993 1992 Change 1993 1992 Change SSXXX) ss-000 SSXX» Ss*ooo
      724 words
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  • Article
    Thai king issues command to remove 5 SAP ministers
    431 28  -  From Loh Hui Yin in BANGKOK KING Bhumibol Adulyadej last night issued a royal command to remove five ministers belonging to the Social Action Party (SAP) from the Chuan government with immediate effect. The ministers were dropped after their party, which
    431 words
  • Article
    Lock icon Clinton considering donors' meeting on financial aid for Palestinians
    373 28 Reuter, AFP, AP WASHINGTON President Bill Clinton said he was considering calling a donors' meeting of interested European, Asian and Arab countries to put together a financial package for the Palestinians. He said his administration was trying to organise "an appropriate
    Reuter,; AFP,; AP  -  373 words
  • Article
    Lock icon Air France to lay off 4,000, sell Meridien hotel chain, cut routes
    342 28 AFP PARIS Air France is to shed 4,000 jobs by the end of next year and will sell its Meridien hotel chain and other assets, while abandoning about 30 routes, the company said yesterday. Meanwhile, Transport Minister Bernard
    AFP  -  342 words
  • Article
    Lock icon London shares fall 1.27pc to end below 3,000 level
    247 28 Reuter LONDON The key London index of blue-chip shares slipped below the psychologically important 3,000 level yesterday after fresh evidence of the fragility of Britain's economic recovery. The Financial Times-Stock Exchange 100 index dipped as low as 2,994.3 points in early
    Reuter  -  247 words
  • Article
    Lock icon Drop in business inventories positive sign for US economy
    283 28 Knight-Ridder, AP WASHINGTON US business inventories fell 0.5 per cent in July, the steepest drop in more than two years, the government said yesterday in what could be a positive sign for future economic activity. Inventories held on shelves and back
    Knight-Ridder,; AP  -  283 words
  • Article, Illustration
    Little sense in watered-down embargo against Vietnam
    749 28  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochinese affairs ON THE face of it, President Bill Clinton placed his country's business interests ahead of political considerations when he relaxed this week the economic embargo against
    749 words
  • Article
    Lock icon Delors calls for global study to control capital flows
    231 28 Reuter STRASBOURG European Commission president Jacques Delors threw the cat among the monetary pigeons yesterday with a call for an international study into the possibility of reimposing controls on the movement of capital. "Cars are free to circulate but still there
    Reuter  -  231 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      90 28 Nikkei Fax The Business Day Starts in Japan Tel: 4016 I iELESS(teDs2aiff Recognises your handwriting and turns it into type, Sends Faxes Translates Languages Reminds You Of Appointments lakes Freehand Notes Keeps Your Sketches Sale Links to A PC Connects To A Printer Has A Memory Search I Let You
      90 words
    • Advertisement
      Page 28 Advertisements Column 2
      105 28 THE NKKH WEEKIY Japan's leading English business newspaper Tel: 336-4122 Fax:336-4016 EFFECTIVE BUSINESS MANDARIN FOR TOP MANAGEMENT Spedaly designed to equip lop level management without prior knowledge o< Mandarin. Course syllabus include terms on business, pubic relations and current world affairs. $700 23/9/93-23/12/93 Every Thursday 4:00*6:30 pm Interested please contact
      105 words
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  • Shipping Times
    • Article, Illustration
      Sembawang Maritime wins deal to repair Russian vessel
      502 29  -  By Dexter Lee SINGAPORE Sembawang Maritime Ltd (SML) yesterday clinched a 51.6-million job to repair a Russian-owned vessel, after managing director Billy Lee laid the groundwork at a "Hungry Ghost Month" dinner on Monday. The project will involve a major retrofitting job
      502 words
    • Article
      Lock icon US govt accused of duplicity over maritime reform
      367 29 Lloyd's List WASHINGTON A key member of the opposition at the US Congress has accused the Clinton administration of duplicity in its approach to the increasingly sensitive issue of maritime reform. US House of Representatives merchant marine subcommittee ranking minority member Herbert
      Lloyd's List  -  367 words
    • Article
      Lock icon Malaysia uses only non-toxic dispersants to clean up oil spills
      410 29 Bernama K.UANTAN Only chemicals tested and approved by the government which are not harmful to marine life and humans are used to disperse oil slicks in Malaysia, said the Pahang Environment Department (DOE) director Ishak Thani. Speaking to reporters yesterday
      Bernama  -  410 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      845 29 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bank Line. The 9
      845 words
    • Article, Illustration
      Lock icon West Port to have dedicated warehouse for dangerous goods
      354 29 Bernama KUALA LUMPUR West Port, Port KJang's newest gateway on Pulau Indah. will cater for the ever increasing need of chemical industries. Klang Port Authority manager (dangerous goods) Mohamed Saffian Abdul Majid said on Tuesday a dedicated warehouse for the handling
      Bernama  -  354 words
    • Article
      Lock icon South, West ports to be free commercial zones
      232 29 MBT KUALA LUMPUR The Free Commercial Zone (FCZ), now already implemented at Port Klang's North Port, will be extended to include South Port as well as West Port, which is under construction. This move is in line with turning Port Klang into
      MBT  -  232 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        721 30 Vessel Voy No Berth Arrival Departure Jurong Port Eugenusi K*nat ***** J16/17 alongside 16.09/2300 marco Poto 3/8 07/93 J2 alongside 16.09/2300 Saka 1/8 09/01/93 12 alongside 1609/0500 Sea Diamond 01/93 M alongside 16.09/2300 UrabngM V9315 110 alongside 1609/0700 Auka Seraya AS/15/93 12 16 09 0800 17 09/2000
        721 words
      • Article
        CONTAINER SCHEDULES
        1551 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aci Rose 446 17/2000 2 15/1700 16/0659 16/0900 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Ad Goodaro. 57MF93 18/0900 1
        1,551 words
    • Article
      THE SHIPPING GUIDE
      10462 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,462 words
    • Article
      SHIPPING AGENTS
      3332 43 A k Containerline NV: Bclsin Shpg •Agenaes Ptc Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd tSVAccord Contr Line (PK/PN). Adkrb Business C orporation Philippine: Calsourcc Shpg Sl Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg (S). Albutros Sen-Air Service: Frata Shpg Pte
      3,332 words
    • Article
      COURIER SERVICES
      278 43 Abacus owners Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80. Airewift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      278 words
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      AIR FORWARDERS
      1471 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Acrotiak Freight International Tel: 545-803TFax: *****05. Td:'s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06 Air Exnress International Td: 542-7666. Fax: *****74. *****50. Air Market Express Td:
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      CRUISE & FERRY SCHEDULES
      264 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No SEPTEMBER 17 17 Leisure World 1300 2000 Sin-P Klang Lauw Sons Agcncies 227-8284 20 20 Leisure World 1300 2000 Sin-Phuket-P Klang Lauw Sons Agencics 227-8284 24 24 Leisure World 1500 2000
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      Lock icon SHIP SALES & TANKER RATES
      1141 44 SHIP SALES TANKER RATES AFP THE MARKET is very active with positive interest being shown from buyers in virtually '.every major sector of the market as can be seen from the wide .cross section of sales reported hereunder. On the dry side the prices for the handysize bulkers remains very
      AFP  -  1,141 words
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      AIR FREIGHT SCHEDULE
      553 44 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB BA822
      553 words
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      PORT CONDITIONS
      2547 44 ALBANIA Duress: Five vessels in port of which 3 flour, 1 butter, 1 wheat, 3 vessels in roads of which 2 flour, 1 wheat. 1 vessel due by Sep 7 to discharge flour. ARGENTINA Santa Fe: No vessels berthed, none in roads, max draft 16 ft 4 ins.
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      DAILY FREIGHTS
      875 45 STRONGER panamax grain freights in both the Atlantic and Pacific supported a four-point Baltic Freight Index rise to 1,419 on Wednesday in heavy chartering volume, brokers noted. This compared with the BFl's firsthalf Sept low of 1,406 and the peak in August at 1,457. US Gulf/Japan heavy grain
      875 words
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      TRANSPORT DIARY
      189 45 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Sep 16 Nov 25 (2 courses of 10 evenings duration) Organiser: Singapore Freight Forwarders Association/PSA Tel: For further details and application forms contact SFFA at 253-7550 or fax: 253-2303. Title: Airport Fire Officer Course Duration: Sep 20 Oct 20
      189 words
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      COCKETT BUNKER MARKET REPORT
      844 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      844 words
    • Article, Illustration
      Lock icon Swissair splits cargo, passenger operations
      1315 46  -  Recognising the potential of the air freight business, Swissair is running it separately, reports Elizabeth Canna Elizabeth Canna American Shipper SWISSAIR is trying something different, different, at least for Swissair. For the first time in its history, Swissair has a separate management organisation to run
      American Shipper  -  1,315 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon It's hands off as high-tech system navigates US plane
        628 48 AP WASHINGTON The Gulfstream IV was at 1,000 metres, weaving its way toward one of the most congested airports in the US. and nobody was at the controls. The twin-engine jet banked gently one way, then the other as Washington National
        AP  -  628 words
      • Article
        Lock icon Canadian copter firm forecasts strong earnings
        477 48 Bloomberg Business News TORONTO CHC Canadian Helicopter Corp, which earlier on Tuesday said fiscal firstquarter net income more than doubled, said on Tuesday it expects "strong" earnings in the second quarter and for the rest of the year. The operator of the world's second-largest
        Bloomberg Business News  -  477 words
      • Article
        Lock icon American to cut 5,000 jobs by '94
        315 48 NYT NEW YORK American Airlines said on Tuesday that it would eliminate 5.000 jobs by the end of 1994 and ground more planes to reduce tyThe cuts punctuated American's strategy for achieving long-term profitability by shedding uncompetitive routes, a plan its employees have
        NYT  -  315 words
      • Article, Illustration
        Lock icon Lufthansa plane catches fire after landing
        227 48 AP WARSAW, Poland A Lufthansa jetliner carrying 70 passengers and crew skidded ofT a wet runway, caught fire and broke in two on Tuesday after landing in a rainstorm. The airline reported two people were killed. The co-pilot and a German passenger were the
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      • LOG BOOK
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          Lock icon Fedex more than doubles earnings
          96 48 Bloomberg Business News MEMPHIS. Tennessee Federal Express Corp said on Tuesday first-quarter earnings more than doubled, fuelled by higher pack-age-delivery volume and a continued narrowing loss in international operations. The Memphis, Tennessee-based air freight service company earned U5532.9 million (5552.6 million), or 60 cents a
          Bloomberg Business News  -  96 words
        • Article
          Lock icon Search called off for missing seamen
          82 48 Reuter CAPE TOWN Rescuers called ofT on Tuesday a search for eight seamen whose tug capsized off the South African coast on Friday, saying there was no hope of finding them alive and it was too dangerous to try to recover bodies. "The entire
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        • Article
          Lock icon Daewoo sells diesel trains to Vietnam
          53 48 Reuter SEOUL South Korea's Daewoo Corp, trading unit of the Daewoo Group conglomerate, said yesterday it had signed a contract to sell 40 diesel locomotives worth USS3O million (Ss4B million) to Vietnam. A spokesman said the products would be delivered to Vietnam's national railway
          Reuter  -  53 words
        • Article
          Lock icon Continental to fly to Colombia in Dec
          53 48 Bloomberg Business News HOUSTON Continental Airlines said on Tuesday it will begin flights from Houston to Bogota, Cali and Barranquilla, Colombia, on Dec. 16. The carrier on Monday received US Department of Transportation approval as the second domestic passenger airline to serve Colombia.
          Bloomberg Business News  -  53 words
      • Article
        Lock icon Mexican oil firm to sell low-sulphur diesel for trucks
        353 48 Bloomberg Business News MEXICO CITY Mexico's state-owned oil monopoly Petroleos Mexicanos (Pemex) plans to start selling a new lowsulphur diesel fuel for passenger and cargo trucks on Oct 1, the company said in a press statement on Tuesday. The new fuel,
        Bloomberg Business News  -  353 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1348 48 at* fum etc n» rro Abu Dhabi Gf 146 1120 Gf 147 1850 Adelaide QF81 1930 Qf82 2055 SQ228 2120 Amsterdam KL837 1445 KL832 0020 SQ323 1815 KL838 2320 SQ324 2345 Auckland BAD 1505 SQ288 2015 Bahrain GF148 0905 B S«fi Begawan ***** 1105 SQ182 0915
        1,348 words
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        Lock icon Congressman calls for probe of C-17
        287 48 Bloomberg Business News WASHINGTON Rep John Conyers called for further investigation by the Defence Department of McDonnell Douglas' US$4O billion (SS64 billion) C-17 transport plane programme, following the failure of one of the company's redesigned wings in a stress test on Friday. Mr Conyers,
        Bloomberg Business News  -  287 words
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      1 29 Lubricant
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      20 29 Lines and services represented by Members ef the Registry ef Accredited gaLi* For advertising enquiries, contact Shipping Ttnes: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      46 29 the FAMOUS 5 vsk/'umak ■iI.HII.'H m 1833 For more information please refer to Pg. 13 Swissair splits cargo, passenger operations, Page 18 Hands-off flying, Back Page t xUk TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. SINGAPORE Business Times WE KNOW ASIA
      46 words
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      492 30 TSKUNE AGENCIES (S) PTE. LTD. fI 1 V ¥%rp Tel: 226-3363 rjpH*) 1 t3tl\« IJiMr HLri ,<7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HOW6KOHG. HAMLA. Mg jMM "TMtt WEEKLY" I inaaw w« m a» wit WZM w* 1 I ACX ROSE 446
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      1612 30 OWtCT TO U»« WIT COMT (tCl<Wllt {AIUMW HWtM) 1 fTP IT Ifff^—Mf '"f —W— —WCP H »gn WW ITEM I L* MM K» m Ml I tOBTOM OK RT UUCP «gl I lOT W I STOW I fOMIB 1 BTWUL I<UlAM]W>| PI MB) IMTMUt HWI MUX*, j ifl» CDWIMCA) WWW^
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      2939 31 m OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHO. TEL *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 IP H T EL: *****3/4 FAX: *****6 CFS (PSA
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      1840 31 SAILINGS TO HONGKONG/TAIWAN/JAPAN/KOREA/CHINA SL EXPRESS V.198E ETA SIN 20TH SEPT 93 MAYVIEW MAERSK V.9308 ETA SIN 21ST SEPT 93 ARTHUR MAERSK V.9316 ETA SIN 22ND SEPT 93 «wel Voy ETA ETC FeaOar by SL ~r° rt DESTINATIONS Tho MAYVIEW MAERSK V 9306 —i CY 21/09 0000 HRS HH imgUjUgli CFS
      1,840 words
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      1653 32 AQABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VQY NO SPORE JEDDAH (VIA JED> STON H'BURG A WERP HAVRE MALAYSIA LEVERKUSEN EXPRESS 14/336 18/9 27/9 3/10 6/10 9/10 11/10 13/10 Port Kelang, Penang FRANKFURT EXPRESS 69/137 22/9 9/10 12/10 10/10 Pasir Gudang KITANO 21/337 25/9 4/10 10/10 13/10 15/10 16/10
      1,653 words
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      547 32 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT#Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ITA SIN NED ASIA V 2313
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      1263 32 NORASIA NORASIA SUSAN 9335-3 16/09 06/10 09/10 10/10 10/10 11/10 12/10 14/10 15/10 16/ltT I NORASIA SINGA 9336-3 23/09 13/10 16/10 17/10 17/10 18/10 19/10 21/10 22/10 23/IIT I NORASIA SHARJAH 9337-3 30/09 20/10 23/10 24/10 24/10 25/10 26/10 28/10 29/10 30/l<( I NORASIA MUBARAK 9338-3 07/10 27/10 30/10 31/10
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      2059 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppet Towers Singapore 0208 Tel: *****88 Fax: *****17 A:f 1 illcll:7AV/^:!lkMdH new guinea pacific une jajßp (a service of china navigation co> CARGO DUE SAILS *«181 ¥1* KK. Si an. Tiw 16 IS S«p 19 S«p ?0 S«t> FCL. LCL CONTAINER
      2,059 words
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      Page 33 Advertisements Column 2
      2860 33 V* SINGAPORE AGENT: IJatl 1 m Af|tQiriAl*C P&O Containers (Singapore Agencies) Pte Ltd X VJVFllldlllvl 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 I\T\ Tol: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W Mr CR Number: **********0Z BVBADT liltflAlOT EXPORT IMPORT VESSEL VO* 'PMO 'WQ
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      814 34 EKA JAYA AGENCIES >9K§r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAfI TRADE PAGER HANDPHONE/MMCT ami WK 2i«o«a« ranm/MMta TAH IMSES t<ow nUTT 1 HP cm HHNH cm trape H6MIY net 21«0«24 mnM/M4im W.K.KOHO ZMBMfIM— KCLVWCHAW 21Wtt MM77T/MWTW TO MYANMAR/YANGON SCMI CONTAMK* SERVICE M OCEANLINE3 VSt/VOY STOK
      814 words
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      Page 34 Advertisements Column 2
      1781 34 HANJIN SHIPPING FDK VSL SM LK HAUL SM PO* FDR VSI Sil IIME HAH SAV (M NYC HAMJM OAK I AM) 0231 16/9 OKCT 7/10 J/10 HAWH OAK LAM) 0231 IS/» M EWOPI 00* 21/10 22/10 24/10 HANJIN BREMEN 00* 23/9 DOttCT U/10 10/10 HAIUN B«I«N 00* 23/9 K REELIM6
      1,781 words
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      Page 34 Advertisements Column 3
      1250 34 J _J .T -JTT^qT^ Im ssp kss *s keg pus moaminnouucKH htcuw m n tit ik nt a m scp I EGU«T RE MJ 20/1 22/1 27/1 21/1 1/1* 4/10 S/10 7/lt 110 9/10 10/10 22/10 3/11 5/11 6/11 lt/U 17/11 11/11 11/11 21/11 30/11 10/12 14/12 IS/12 E GROWTH*
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      2099 35 II 'OOCL HOPE 27W' ETA SGP 18/09/93, II 11 ETA RDM 04/10/93, FLX 05/10/93, BRE 07/10/93, II H II LEH 09/10/93 fl| EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VESSEL VOY T"ggp"l LOS OAK VAN SET ATL CCG (LE (LB DAL PET HOC
      2,099 words
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      Page 35 Advertisements Column 2
      1138 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQURES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSMPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO: **********0/N
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      1429 36 44 AS AGENTS: "I" LINE (SW6APORE) PTE LTD (C* No: G*****0M0N) m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I ll 1 MALAYSIA: "K" LINE MAftrTIHE (MALAYSIA) SON BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAANA LAUT MTBHMSA. TEL JKT *****08 f
      1,429 words
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      Page 36 Advertisements Column 2
      699 36 #->\® PHIU OmtNT LINGS PT€ LTD VlOB Robinson Road #07-00 GMG Building Singapore 0106 > 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRAUA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 16 SEP SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 24 SEP AUCKLANO, WELLINGTON, LYTTLETON, NEW PLYMOUTH. NAPIER,
      699 words
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      Page 36 Advertisements Column 3
      422 36 rGOLDEN LINE A GUAM GUAN SHPPMG \£<V<\ (PTE) LTD T 2J. TcW Ayer Street SWra 1104 TEL ***** M (II IKS) F* *****04 (d He *****S*****N) •TmAIT»/rMWAW CPU SKMTICK Spore F. Kelinf Pervang' GQUKM STM tared* Dubai 74/25 Sept GOUX* KMKarach (M* l/M Oct I CHINA IKK TICK GOLDEN RONO
      422 words
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      Page 37 Advertisements Column 1
      1013 37 I PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I mm Mm CR no iooao67ooooE I I VESSEL VOY SIN CMB JIB JED AOJ AOE HOD PZU ASA KOTA WIJAYA WJAO3I 5/10 10/10 10/10 10/10 22/10 20/10 22/10 2S/10 KOTA BERKAT BKTOO2I 19/10
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      Page 37 Advertisements Column 2
      1143 37 I VESSELS HOT I SPORt H*WWG ROTTERDAM ANTWERP THAMES Li HARYE MLLE Dt urns 9230W 10/01 15/10 17/ It H/10 11/10 21/10 HAHSA C>m» 7330W 2* 09 21/10 23/10 24/10 25/10 27/10 GLUECKSgURG 1630W 04/10 31/10 02/11 03/11 04/11 00/11 HUHS MA Ct DOHA M3OW 10/10 05/11 07/11 00/11 01/11
      1,143 words
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      Page 37 Advertisements Column 3
      421 37 BSfl ik mm MYANMA mm FIVE STAR LINE (Myanmar National Line) Loading for Yanion (Rangoon) Spore P.KI( Pen PGdf PWYA VI3OW In Pt AVA VI23W 17/19 Sep to Pt PAGAN V2OOW 17 Sep PA THEM VI24W 20/22 Sep HPA AK VI9SW 21/30 Sep MALATSU AGENTS BOUSTEAD SHPPWG AGENCES All TEI
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      55 39 VISA FREIGHT SERVICES PTE LTD g| Jfmmf Established Since 1984 lt OCEANIA PORTS REGULAR GROUPAGE LCL consolidation AUCKLAND SYDNEY import export mmm HtEHARTLE SERVICES W FOR BOOKING ft SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE
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      2677 40 Full Container Liner Services **»,«■< </«>». w«kj»'s Gentfil tgtntx BttUn Agent* Cua Cua S&pp,ng S4n BM Ck«« CMm Stiffing Ut BM M. Cbitl futn liWomm *»r/ti»« Costar Shipping Me Ltd n»im fmw •***< cm™ s* >m si Mm dm im 3.34, w n*. *•'"J* m33 K 2 Mistri Hood 47
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      603 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 18/09 ROTTERDAM 18/09 AARHUS/COPENHAGEN 18/09 HAMBURG/BREMEN 20/09 MARSEILLE/FRANCE 24/09 FELIXSTOWE/UK 20/09 BARCELONA/SPAIN 19/09 LEHAVRE/FRANCE 20/09 GENOA/ITALY 18/09 ANTWERP/BELGIUM 20/09 LOS ANGELES/WC/IPI 19/09 SYDNEY/MELBOURNE 20/09 NEW YORK/EC 19/09 FREMANTLE/ADELAIDE 17/09 VANCOUVER 17/09 BRISBANE 17/09
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      Page 41 Advertisements Column 2
      2076 41 VESSEL 1 WjgL VOY SIN PEN ~l I I ,MUM !Z«_ Tu >1/ :IDC J A BHUM 214# Fri I 17/8 Sat IM 1| I VEBSCL 55? I AKAMWM SH s*l Ma_JlM__afl_ 1 PERKASA oih I JARU BHUM 97H Fri 17/8_ Moo 20/9 H WANA BHUM IMB Wod 22/8 81
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      1780 42 ■IAIMN container lines I I K-/\"l. A B*nt»: MAC-NELB SPORE: *****22 (24 LINEB) I J\/ V Jrm 12QOS7SOOOOC PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKB/MED PORTS PEN PKt SIN 5 SAILINGS/WEEK PEN PK SIN 17/9 18/9
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      Page 42 Advertisements Column 2
      187 42 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD (it n* tin srmt mi ULftNG KNANG Bill MM ?3 9 lortng lot Mak ItUVftJ NIIMJ 28 9 Drsclwpng and Loading to< Ml) oarnw s«m loading foi Malt PIOMU SUPttMI 10 9 loading For Male UMWEDH 219 loading for Male mOGKSS
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      Page 42 Advertisements Column 3
      927 42 f THONG SOON LINES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S'POK~ PEST VESSEL IvOY IS'POtE |DEST EQUATOR 111 100/3E 18 SEP KUCHING EQUATOR
      927 words
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      69 44 flf only my boss would ~-:z ANY JOB. ANY CAREER. V tothaeacfc^A^ AVAILABLE ANY DAY. -Jy Any Time. Anywhere. BB|j 1 1 iHt llMllt TiMkt THK iUNOAV flHi* HUMNIIM TlMfcl 11 1 TllC Nil* HAffcH IIANIII IAOMAO LIANIIk WANMAO Iff U J f£j I fetMM M*M Oak T Newt SfeNITA
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      55 45 i ——i "Tfie Executive Housekeeper -this hotel I Om, I wants is me. fcub I'll never neglect L Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA
      55 words
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      Page 45 Advertisements Column 2
      21 45 (fws EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore rri Business Times ■mui ma
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      695 45 TODAY'S TIDES (1 HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 MOO 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 3.0 2.4 1.7 1.0 06 0.3 0.3 0.6 1.1 1.9 2.6 2.1 2J 2.4 1J 1.2 0.7 0.4 0.4 0.7 12 2.0
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      470 46 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE fiftfi 17,09 93 25/113/33 VIGOUR SINGAPORE 62ANB 20/09 93 25/09/93 W VIGOUR PACFIC 22M8 24/09,93 02/10/33 VIGOUR PACFIC 27ANB 27/09/93 02/10/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG VIGOUR SINGAPORE S2lfi 17/99/93 18/09, 93 VIGOUR
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      431 46 ©APPENSHIP (3) HAMBURG U\J CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST Vtssas LOAOMG PORTS DISCHARGE 10AWNG FOR GLIDER HAMBURG SID SPORE 30/9. JKT 2/10 AGAUEMNON BREMERHAVEN 8/0 SPORE 8/10. SHANGHAI. RIZHAO. XINGANG KOALA CONTAINER LINE STORE ax HAM ROT LEH DKK CS IPSWICH Vl3
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      Page 46 Advertisements Column 3
      383 46 JLcosco ukc conventional ttwvtct VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/09 Rotterdam/Antwerp CHBiA CONVENTIONAL gjflg VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/09 20/09 Huangpu/Guangzttou COSCO FULL CONTAINER IBWCII (FCL/FCL) EXPORT TO: CHBIA/BANOK OK/HONGKONG EUROPC/COMTMCNTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN QULF/KARACHI Plmm refer above mentioned
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      Page 47 Advertisements Column 1
      907 47 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESStLS VOY PWA PKE PGP VESSELS VOY_ SIN HTM AWT* LEH* HAM BREt FEL NORASIA MALACCA 9328 A 14/09 15/09 16/09 H. CHALLENGER 306W 20/09 08/10 OJ/10 09/10 10/10 10/10 12/10 HMM ADVANCE 27A27A 21/09 22/09 23/09 OOCL CHARISMA 307* 27/09
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      Page 47 Advertisements Column 2
      515 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS INBOUND VESSELS VESSEL WT Sf PI RK M x(i»w 20 siD an— KCCUS I 111 23/1 Ml SOI PtUSf 3 2C I 21 Willi 1 21 I 22/1 DILI! MM 2« 21/1 mil TUMI 31 27/1 IMC MIN 37 24/9 2S
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      Page 47 Advertisements Column 3
      933 47 VESSEL I VOY |SW ETA/P I LAX OAK 1 Cti 1 DM. MEM/COL HOU NYC NOR HEWY HUDSON BRPGE W 23-24/09 10/10 12/10 13/10 14/10 14/10 15/10 15/10 16/10 ALLIGATOR TRIUMPH 49A 30/09-01/10 17/10 19/10 20/10 21/10 21/10 22/10 22/10 23/10 MACKINAC BRPGE 71A 07-01/10 24/10 "28/10 27/10 28/10 ~2»/10
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