The Business Times, 6 September 1994

Total Pages: 48
1 48 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday September 6 1994 75 c
    13 words
  • 2am LATEST
    • 63 1 Reuter FARNBOROUGH European passenger jet consortium Airbus Industrie yesterday said it wanted to challenge arch-ri-val Boeing Co of the US for a bigger share of the lucrative Chinese market. Airbus president Jean Pierson said the group wanted a 50 per cent share of the fast-growing China market,
      Reuter  -  63 words
    • 37 1 Reuter BRUSSELS The European Commission yesterday said it was investigating charges that imports of microdisks from the United States, Mexico and Malaysia were sold at unfairly low prices in the European Union. Reuter
      Reuter  -  37 words
  • 156 1 Stock market indicts Monday Change STII 2,328.06 -2.55 KLSEComp .......1,159.51 -1.37 Nikkei 20,409.18 -244.65 Hang Seng 9,962.04 60.48 SET Index 1,531.30 -7.76 Jakarta Comp 519.42 +3.86 CLSA China B 1,194.82 36.44 Aust Ail Ord 2,095.5 -11.5 FTSE100 3,241.50 +18.8 Monday Previous 2pm close Dow Jones closed Avcrigt of
    156 words
  • 545 1  -  By Shiv Taneja, K P Nayar BUSINESS deals involving investment by Singapore parties of between $300 million and $400 million are expected to be signed during the official visit by Indian Prime Minister P V Narasimha Rao starting tomorrow, senior Indian officials
    545 words
  • 465 1  -  By S N Vasuki SINGAPORE India is well-placed to achieve GDP growth of 6-7 per cent in fiscal year 1994-95, thanks to rising industrial production, a good monsoon and strong consumer spending. Analysts say the government's biggest challenge will be to sustain the impressive
    465 words
  • 356 1 SINGAPORE The Hongkong stock market breached the 10,000 mark but failed to close above it yesterday, which very much reflected the tiredness of all major regional markets following a healthy run-up last week. The Hang Seng Index, which gained more than
    Source: Bridge Info  -  356 words
  • 200 1 BATAM ISLAND, Riau Indonesia will develop a 400hectare industrial estate here in cooperation with countries which have populations originating from Asian nations to accommodate high-technology industrial activities, according to a Jakarta Post report yesterday. "Four countries Malaysia, Singapore, Brunei and Indonesia have been grouped in
    200 words
  • 49 1 Prime Minister Goh Chok Tong flew into a wet but warm welcome at Langkawi yesterday to begin his working visit to Malaysia. On hand at the tarmac to receive Mr Goh was Malaysian Foreign Minister Abdullah Badawi. SPH photo. Report on Pg 16 SPH photo
    SPH photo  -  49 words
  • 408 1  -  From Leslie Lopez in JAKARTA INDONESIA'S plan to cut its income tax rates, which rank among the highest in the region, has generally been welcomed by analysts but proposed changes to the value-added tax and other measures affecting business have caused concern. Under
    408 words
  • Page 1 Advertisements
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    • 8 1 Property: Pg 12 Thai developers try new tack
      8 words
    • 46 1 Hock Lock Siew: pg Firm future for IndonSxtfrenL Indian PM in Vietnam to boost trade, investment, Pg 16 India's infrastructure plan criticised, Pg 5 The quiet decline in Indian unemployment, Pg 14 Full reports, Pg 24-28 HK fund managers using rally to take profits, Pg 19
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 287 2  -  By Corinne Kerk TOURISTS cut their rate of spending with Visa cards in the second quarter after several months of growth. Between April and June, foreigners spent $241.1 million using Visa cards in Singapore up 4.4 per cent over the same period last year.
        Source: Visa International  -  287 words
    • 391 2  -  Reports by Teh Hooi Ling MINISTER for Trade and Industry Yeo Cheow Tong leaves for China today on a 12-day visit to explore investment opportunities in its inland cities. The official visit his maiden trip to China since assuming the trade and
      391 words
    • 326 2 JURONG Town Corp subsidiary Jurong Environmental Engineering Pte Ltd (J EE) will lead a group of four local companies to develop ready-built factories in the Suzhou industrial township project. The announcement by JTC yesterday followed a report last month that
      326 words
    • 304 2  -  By Ramesh Divyanathan THE SUPREME Court expects a form of "tariff" or guide to emerge over time, which will prevent discrepancies in sentencing for similar offences. This and other information are contained in a book. Supreme Court Singapore, The Re-organisation of
      304 words
    • 198 2 THE Mass Rapid Transit Corporation (MRTC) has appointed a foreign consultancy team to review plans for the proposed North-East line and a possible extension to Changi Airport. MRTC said yesterday that the team from UK-based Ove Arup International will update the route
      198 words
    • 530 2  -  By Abdul Hadhi THE top 20 contractors in Singapore chalked up an 8.2 per cent increase in turnover to $2.91 billion last year, the Construction Industry Development Board said yesterday. In terms of contracts secured, the figure came to 53.2 billion, according
      530 words
    • 227 2 RADISSON Hotels International has invested US$2.5 million (553.75 million) in a regional call centre in Singapore, linking nine countries in Asia to a central reservations office in the US. Radisson district director Jan Kirst said the centre signified the group's intention to invest
      227 words
    • 149 2 CHEMICALS producer The Polyolefin Company (TPC) has awarded three engineering, procurement and construction (EPC) contracts for its Pulau Ayer Merbau expansion project to a Japanese consortium. The consortium members are Sumitomo Chemical Engineering Co Ltd, The Japan Steel Works Ltd, and Hitachi Ltd/ Hitachi
      149 words
  • Page 2 Advertisements
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    • 106 2 Feel the Hyatt Regency Johor Bahru. One hotel a Discover nine fabulous packages just waiting to be unwrapped at the new Hyatt Regency )ohor Bahru. TWO Then are two meeting packages to optimise your time away from the office. da M A golfing break that's well above par. istinct And
      106 words
    • 8 2 LAM's strategy to build on growth, Pg 13
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  • SOUTH-EAST ASIA
    • 615 3  -  From Ho Kay Tat in KUALA LUMPUR BROKERAGES Goldman Sachs and Barclays de Zoete Wedd (BZW) have joined a growing chorus which believe the official inflation rate in Malaysia has eased off recently only because of govern-ment-imposed price controls and this
      615 words
    • 176 3 Reuter JAKARTA Indonesia's military has reaffirmed its support for the government's policy of political openness but will not condone acts that could damage national interests. The official Antara news agency yesterday quoted military spokesman Brigadier-Gen-eral Syarwan Hamid as saying: "The military will remain consistent
      Reuter  -  176 words
    • 339 3 Bernama PETALING JAYA Malaysia will propose a short-term tariff protection for new types of industries established by the Asean countries that are considered strategic. Minister of International Trade and Industry Rafidah Aziz yesterday said Malaysia would propose that an interim
      Bernama  -  339 words
    • 290 3 AFP MANILA The Philippines' top business leaders yesterday rejected a government plan to reduce import tariffs to a uniform rate of 5 per cent in six years, saying it could wreak havoc on local industries. The businessmen told Trade Secretary Rizalino Navarro
      AFP  -  290 words
    • 212 3  -  By Ho Kay Tat KUALA LUMPUR Malaysian police yesterday detained one of the wives of outlawed Al-Arqam Islamic sect leader Ashaari Muhammad, and his spokesman, under the Internal Security Act (ISA). Mr Ashaari's third wife, Hatijah Aam, and his spokesman Soid Sulaiman who
      212 words
    • NOTE BOOK
      • 79 3 AFP JAKARTA State electricity firm PLN is putting six major power projects out to tender, a news report said yesterday. PLN president Zuhal said there would he two geothermal power plants in west Java with a total capacity of 80 megawatts, two others totalling 240
        AFP  -  79 words
      • 69 3 Reuter HANOI French firm Technip-CLE will be main contractor for a cement plant in north Vietnam under a USS9B.S million (*****.6 million) deal financed by loans from two French banks, company officials said here yesterday. Under agreements signed last week. Societe Generale and Credit Lyonnais
        Reuter  -  69 words
      • 66 3 AFP MANILA Six groups involving American and Japanese firms have qualified to submit bids to build a 40-megawatt geothermal power plant in the southern Philippines, state-run Philippine National Oil Co (PNOC) said yesterday. Details of the 40-mega-watt project at Mount Apo were given to, among others,
        AFP  -  66 words
      • 73 3 Reuter JAKARTA The Indonesian military held talks with jailed East Timorese leader Xanana Gusmao last month, raising for the first time the sensitive issue of a referendum in the troubled territory Timorese sources said yesterday. The sources said the meeting appeared to be linked
        Reuter  -  73 words
    • 209 3 Reuter KUALA LUMPUR Malaysia is committed to developing its vast hydro-electric resources, including the giant Bakun dam project in Borneo, as a "green" source of power. Speaking at the opening of an Afro-Asian power conference yesterday. Prime Minister Mahathir Mohamad said: "Malaysia is
      Reuter  -  209 words
  • Page 3 Advertisements
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  • CHINA / HONGKONG /TAIWAN
    • CHINA WATCH
      • 111 4 Bloomberg Business News BEIJING China's tax authorities collected personal income tax of three billion yuan (*****.9 million) in the first halt ot the year, a jump of 73 per cent from the year-ago period, the state-run China Daily said on Sunday. Foreign residents in China
        Bloomberg Business News  -  111 words
      • 79 4 Bloomberg Business News BEIJING One of China's biggest steelmakers. Capital Steel, was tied up in a debt triangle of 6.4 billion yuan at the end ot the first quarter, the Capital Economic Information Sews said yesterday. Many state-owned firms suffer from so-called debt triangles
        Bloomberg Business News  -  79 words
      • 73 4 AFP BEIJING China is seeking to boost tourism by offering cockpit rides to overseas travellers, even allowing some to take the controls, a report said yesterday. "Airplane rides are set to explode on the (Chinese) tourist scene," the China Daily said, a rather unfortunate
        AFP  -  73 words
    • 313 4 Reuter TAIPEI Taiwan's inflation soared to a 13-year high of 7.06 per cent in August, but economists blamed the rise on typhoon damage and said the rate for the year would near a government target of 3.8 per cent. The Consumer Price Index
      Reuter  -  313 words
    • 618 4 Reuter BEIJING China's inflation last month was over 20 per cent, an official newspaper reported yesterday and the country's economic supremo was quoted as saying he could barely sleep, worrying about price rises. The China Information Daily called the August figure for
      Reuter  -  618 words
    • 332 4 Bernama KUALA LUMPUR A Malaysian consortium may jointly develop water supply projects worth nearly MS6OO million (SS34B million) with Chinese partners in two provinces in China. Malaysian Works Minister Leo Moggie yesterday said that the consortium, Taliworks Group, would conduct several feasibility studies
      Bernama  -  332 words
    • 49 4 Reuter BEIJING Fourteen years ago, Fan Chuimin was a penniless farmer. Today, he is the sole owner of a construction, transport and fanning group worth US$ll million (5516.4 million). He is seen standing in one of his orchards in a family photo taken last month. Renter
      Reuter  -  49 words
    • 264 4 UPI BEIJING Proclaiming a China policy that is on the "right track", Ciba-Geigy of Switzerland has unveiled a US$25O million (*****.7 million) package of China investments targeting chemical and pharmaceutical products, an official Chinese newspaper reported yesterday. The venture covers 30 projects and focuses
      UPI  -  264 words
  • Page 4 Advertisements
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      170 words

  • REST OF ASIA
    • 376 5 Knight-Ridder, AFP TOKYO Yoshiro Mori, strategist of the Liberal Democratic Party, yesterday hinted that his party could merge with its coalition partners to form a single party in the future. The LDP, the Social Democratic Party and the new
      Knight-Ridder,; AFP  -  376 words
    • 295 5 AFP SEOUL South Korean vehicle makers are grudgingly offering a 1.5 per cent cut in prices on passenger cars under a massive government drive to place curbs on soaring inflation. The "price-cutting" drive follows a wave of widespread markdowns
      AFP  -  295 words
    • 345 5  -  By S N Vasuki SINGAPORE Although the Indian government has taken a radical and welcome step in allowing greater private-sector participation in the country's infrastructure sector, there is much confusion over how this is to be done. Subodh Bhargava, president of the Confederation
      345 words
    • ASIA NOTES
      • 78 5 Reuter NEW DELHI India's Power Ministry, ending decades of wastefulness to woo foreign investors, has told public electricity producers to cut supplies to state governments who do not pay their bills. Officials said yesterday 17 of India's 26 states, including the politically sensitive border
        Reuter  -  78 words
      • 73 5 Reuter TOKYO Japan is to lose a key US army unit designed to command reinforcement troops called in if there is a military attack or invasion of Japan. Quoting unnamed defence ministry sources, Kyodo news agency said yesterday the US Defence Department would
        Reuter  -  73 words
      • 101 5 Bloomberg Business News TOKYO Japanese chief cabinet spokesman Kozo Igarashi reiterated government plans to submit a tax reform bill to an extraordinary session of parliament scheduled later this month, Nikkei English News reported. Speaking at a press conference, Mr Igarashi said that while
        Bloomberg Business News  -  101 words
      • 89 5 Reuter DHAKA A Bangladeshi businessman who donated £5 million (SS 11.5 million) to Britain's opposition Labour Party has had his cheque returned, a Dhaka newspaper said yesterday. Musa bin Shamsher told The Banglabazar that the party gave no reason why it had sent back his cheque,
        Reuter  -  89 words
    • 39 5 AFP SYDNEY Carrier shows off what it claims is the world's smallest clock at an exhibition of antique timepieces here. The miniature, polished gold clock has its white dial reflected in a transparent rock-crystal prism. AFP
      AFP  -  39 words
    • 163 5 Reuter WELLINGTON New Zealand's central bank is expected to signal on Thursday that firm monetary conditions are still appropriate. Itching to raise home loan interest rates, the local banking community is waiting eagerly for the statement. The six-monthly economic forecast statement by the
      Reuter  -  163 words
  • Page 5 Advertisements

  • THE WORLD
    • 531 6 AFP, AP CAIRO United Nations secretary-general Boutros Bou-tros-Ghali yesterday urged the world to rally behind a plan to defuse the population time bomb at a "turning-point" global conference which opened here. Mr Boutros-Ghali. in the first speech of the UN International Conference
      AFP,; AP  -  531 words
    • 393 6 Labour Secretary says inflation low, job creation on target Bloomberg Business News WASHINGTON Shortterm interest rates are probably at their correct levels and inflation is low, US Labour Secretary Robert Reich said on Sunday. Mr Reich spoke after the Federal Reserve System raised
      Bloomberg Business News  -  393 words
    • 336 6 Reuter FRANKFURT The pace of Germany's economic growth should pick up moderately in 1995 to around 3.0 per cent after expansion of 2 per cent or more this year. Chief economists at Germany's five leading economic institutes have said weak consumer
      Reuter  -  336 words
    • 323 6 Reuter LONDON British economic data published yesterday suggest domestic interest rates will remain on hold after tomorrow's key monthly meeting between the finance minister and central bank governor. Financial analysts said data released by the Bank of England (BOE)
      Reuter  -  323 words
    • WORLD WATCH
      • 60 6 AFP ZAGREB A billboard of Pope John Paul II with the slogan reading "The Pope is with you" presiding over a corner of downtown Zagreb on Sunday, just a few days before his arrival in the Croatian capital. The soldier walking past the billboard was on
        AFP  -  60 words
      • 73 6 AP LAQOS, Nigeria Thousands of oil workers ended a twomonth strike for democracy yesterday, hours before union leaders were to meet to discuss suspending the protest due to lack of public support. The collapse of the strike signalled a victory for Sani Abacha's military regime and
        AP  -  73 words
      • 96 6 Bloomberg Business News LONDON UK's Oftel, the telecommunications industry watchdog, is investigation whether major reforms in the industry are necessary, the Independent said. Director-general Don Cruickshank is pondering whether UK operator British Telecom pic should carry on with its universal service obligation and whether
        Bloomberg Business News  -  96 words
      • 71 6 AFP AMMAN King Hussein has ordered the sacking of a director of Royal Jordanian, the national carrier, after millions of dollars were paid in kickbacks for a contract with Airbus, a Jordanian official said yesterday. Mahmud Balkass, the airline's executive director, and two other senior staff
        AFP  -  71 words
    • 474 7 FT LONDON UK Prime Minister John Major is under mounting pressure from Conservative backbenchers to reject French and German proposals for a sweeping reform of the European Union that would exclude the UK from an inner core of EU states. Tory
      FT  -  474 words
    • 61 7 AFP DOVER Round the world walker Fyona Campbell (centre) being met by her father Collin, mother Angela and sister Shona (right) after arriving here on Sunday from Celeis in France. The 27-year-old from Devon has another 867 miles to cover to complete her epic trek
      AFP  -  61 words
    • 426 7 Reuter JOHANNESBURG South Africa's economy looks set for its most sustained growth in years, following its longest recession on record and an end to sanctions, the Union Bank of Switzerland (ÜBS) said yesterday. ÜBS projected in a country report, to
      Reuter  -  426 words
    • 515 7 NYT NEW YORK A study by a Washington research organisation has found that despite the creation of more than 4 million jobs since President Bill Clinton took office many of them for college graduates the wages of men with bachelor's degrees
      NYT  -  515 words
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  • Page 7 Advertisements
    • 467 7 Epson's Hi-Definition Inkjet Technology squeezes more cyan, magenta and yellow into oranges. mK JsSS wtKßßtw*' c| Without 720 dpi resolution With 720 dpi resolution Setting new inkjet standards tw ge t blacker blacks, bluer (i 1 1 head, only the COLOR Inkpt of 720 dpi and a capability to process
      467 words

  • WORLD FOCUS
  • Page 8 Advertisements
    • 126 8 A STRONG BOND THAT LASTS... wJxv .^e*^— H|^< ■Hy> CARAN JACHE GENEVE -Or Giving a Caran d'Ache pen to your business "r 4®> k i associates shows your "savoir faire" and much more. "fyi?-'*' ..>' V z^Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Discreetly enhanced with
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    • 729 8 Q SINGAPORE INSTITUTE OF MANAGEMENT Tte first educational and training institute in Asia to achieve SISIR ISO 9000 Certification )iy) PTB<BCtJPiy»iip—t fd Key for for New Customer November 14-19, 1994 P^ f Care of Marketin 9 $$813.70 SIM members/ Control Promoting Client Awareness *****.70 non-members Pi I I kM 2-1
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  • SPORTS
    • 715 9 US Open AP NEW YORK Stefan Edberg has only himself to blame. For years, Swedish tennis players took their cue from Bjom Borg, roaming the baseline and depending on heavy topspin to pull the ball down into the court. Then along came Edberg
      AP; Reuter  -  715 words
    • 675 9 NYT NEW YORK The Jensen brothers' version of their own peculiar Magical Mystery Tour has been cancelled at least at the US Open. Luke and Murphy Jensen brought their unique brand of rock-and-roll tennis to the Grandstand Court on Sunday afternoon before a national television
      NYT  -  675 words
    • 260 9 AFP CRANS-SUR-SIERRE, Switzerland Argentina's Eduardo Romero kept his vice-like grip on the European Masters right through to the final round here on Sunday, winning the tournament by one stroke. Romero, 40, who had opened with a first round 64 and gone on to
      AFP  -  260 words
    • SPORT SHORTS
      • Article, Illustration
        143 9 MILWAUKEE, Wisconsin US$l million PGA Greater Milwaukee Open final round Sunday: 268 Mike Springer 69-67-65-67 269 Loren Roberts 70-63-68-68 270 Tom Purtzer 70-69-67-64. Joey Sindelar 67-68-66-69, Bob Estes 67-66-65-72, Mark Calcavecchia 67-68-64-71. KEN MORE, Wash U*****,000 GTE Northwest Classic final scores Sunday: 209 Simon Hobday (won playoff" on third
        143 words
      • Article, Illustration
        72 9 VANCOUVER, British Columbia Vancouver Indy Car Sunday (driver, nationality, chassis, engine and laps completed, and winner's speed in mph): 1 Al Unser Jr (US) Penskc llmor, 102 laps. 89.166 mph 2 Robby Gordon (US) Lola Ford Cosworth, 102 3 Michael Andretti (US) Reynard Ford Cosworth, 102. Standings: 1
        72 words
      • Article, Illustration
        51 9 AFP PARIS Triathlon and taekwondo were added to the 2000 Sydney Games by the Olympic committee here on Sunday. There will be four men's and four women's events in taekwondo and men and women events in triathlon competed at the following distances swimming: 1,500 metres, cycling: 40km. running: 10km.
        AFP  -  51 words
      • Article, Illustration
        51 9 AFP MILAN Japanese striker Kazuyoshi Miura ended up in a hospital bed on Sunday after his Italian league debut for Genoa against AC Milan was cut short after only 30 minutes. The striker collided with the AC Milan defender and Italy's World Cup captain Franco Baresi. Milan won 1-0.
        AFP  -  51 words
      • Article, Illustration
        156 9 NEW YORK LSS9J6-million US Open Sunday Men's 3rd rd: Michael Stich (Ger x 4) b Byron Black (Zim) 7-6 (7/5) 6-2 6-1; Joern Renzenbrink (Ger) b Andrea Gaudenzi (Ita) 6-4 6-1 6-3; Pete Sampras (US xl) b Roger Smith (Bah) 4-6 6-2 6-4 6-3; Yevgeny Kafelnikov (Rus xl 4)
        156 words
      • 68 9 NEW YORK NFL Sunday: Cincinnati 20 Cleveland 28; Indianapolis 45 Houston 21; Buffalo 3 NY Jets 23; Miami 39 New England 35; NY Giants 28 Philadelphia 23; Detroit 31 Atlanta 28 (OT); Green Bay 16 Minnesota 10; Chicago 21 Tampa Bay 9; LA Rams 14 Arizona 12; New
        68 words
      • Article, Illustration
        38 9 ROME World championships finals Sunday Women's 1m springboard: 1 Lixia Chen 279.30 2 Tan Shuping 276.00 3 Pelletier 273.84. Men's 3m springboard: 1 Yu Zhuocheng (Chi) 655.44 2 Dmitry Sautin (Rus) 646.59 3 Tianling Wang (Chi) 638.22.
        38 words
    • 541 9 AFP PITTSBURGH, Pennsylvania New coach. Same results. Two-time defending Super Bowl champions Cowboys answered any doubts about how they would perform under new coach Barry Switzer. giving Jimmy Johnson's replacement a 26-9 victory over Pittsburgh here on Sunday, the opening day of the
      AFP  -  541 words
    • 685 9  -  George Vecsey on why the Buffalo Bills deserve to be praised George Vecsey NYT ORCHARD PARK, New York The Buffalo Bills have set an example for prolonged excellence and sheer cussedness by appearing in four straight Super Bowls and winning none of them but
      NYT  -  685 words
  • Page 9 Advertisements
    • 224 9 THE 26TH HBBBT wttm FESWAL OTjBOOjaT/ FAIR// 'SSJSS 1 J 1 Ls Function R,»>m Hall I. WTC t C® 2.00 pm 6JO pm <V 4 Seminar on "Malaysian Writing in English" VvC/ (Jointly organised with the v T og eV I Centre for the Arts. NUS) J 2.00 pm 3JO
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  • Page 10 Advertisements
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    • 323 10 J* Coribbe* From June Ist 1994 Mischief Pub at the Boulevard Hotel presents t Caribbean Arts Festival's Best Performing Band the Miami MTV sensation Dreadi Ration: Time: 8.15pm nightly Venue: Mischief at Lobby Level Open daily from 11am lam (till 2am on Fridays, Saturdays k Eve of Public Holidays.) Happy
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    • 322 10 LETS TALK OVER LUNCH Seafood Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. September 1Q September 24 Fooc Reflexology Your Tocal Image by Mdm Gillian Lam by Ms Gwen Cuthbert Buffet lunch and talk at $28 nett. For enquiries. please call toll-free *****11 or
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    • 340 10 ra r Mooncake Festival At i The Mandarin Singapore From now till 20 September, all our traditional mooncakes like lotus seed paste with 1, 2 or 4 egg yolk, snow skin or white lotus seed paste, assorted nuts with kam hua ham, 7 stars with white lotus paste mooncakes are
      340 words

  • LIFESTYLE
    • 1115 11  -  Edwin McDowell looks at what some US states and cities are doing to promote year-round travel Edwin McDowell NYT WITH the end of the summer vacation season, many tourist spots that used to hoard up for the year are no longer content to hibernate. Instead, in what
      NYT  -  1,115 words
    • 289 11 AP AS Col Robert Hogan on TV's Hogan's Heroes, Bob Crane bamboozled the Nazis and became a ladies' man as a prisoner of war in Germany. The actor parlayed his onscreen Casanova image into a swinger's life that may have led to his slaying in
      AP  -  289 words
    • 324 11 AP AP AP AP SUZANNE WYMAN, wife of former Rolling Stone Bill Wyman, gave birth on Sunday to their first child, a daughter. Katharine Noelle, weighing 3.09 kg, was born to her 34-year-old mother in a London hospital on Sunday afternoon. Wyman, 57, who
      AP  -  324 words
  • Page 11 Advertisements
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  • Page 11 Miscellaneous
    • 1069 11 1 TV RADIO H Company 9pm, Not predators are bigger To hunt their huge meals, they S r Vjt^ifll|^^Hp rely on teamwork. This last ep- KTv «»j«s ,ooks at thcse *****5 of Russian Night. 10pm. SBC 12 >W| For a summer concert, Seiji jM Ozawa the Berlin Rimsky-Korsakov (Russian Overture),
      1,069 words

  • PROPERTY & CONSTRUCTION
    • 746 12 Good houses without all the trimmings win over Japanese buyers NYT PRICE slashing is all the rage in Japan these days and the latest target is the notoriously expensive housing market. One company leading the way is housing discounter Kyodo Kumiai Nishi
      NYT  -  746 words
    • 342 12  -  By Abdul Hadhi THAILAND'S developers are using complementary facilities to attract customers to shopping complexes. In a report released yesterday, Colliers said the city's three newest mega-malls incorporate amusement parks, an undersea world, a bowling alley, multi-screen cinemas and a monorail. Commenting
      342 words
    • 1097 13  -  Company to develop core businesses, target new markets. Lilian Ang reports Lilian Ang THE L&M group is gearing up for further growth by developing its core businesses and venturing into uncharted territory. Group managing director Liew Mun Leong told BT in a recent interview
      1,097 words
    • 216 13 SUPPLY of office space continued to outstrip demand in Taipei's commercial property market despite a 16 per cent annual growth in the Taiwanese capital's white-collar employment, according to Colliers Jardine. In the report released yesterday, the managing director of Colliers
      216 words
    • 256 13 Selected transactions in the past week sag** i—r i [jii^y w iT WW 8 x ,^r PRIVATE Aug 29.***** 1542 East Coast Mansions Condo3 1173 FH 650,000 554 Aug 29,1994 1128 Shelford Gardens Condo2 1291 FH 765,000 592 Aug 29,1994 0719 The Plaza Condo2 t 807 99 530,000
      256 words
  • Page 12 Advertisements
    • 320 12 TOP PRIZES: Holiday plus a to I i=L| rnl (Wk idM y/I H Morlte Carlo Formula I Grand for II [B [A H /I H Fly Air France to Paris and Nice plus an exhilarating IM| I 111 [IMP IB IH 188 ride from Nice to Monte Carlo on Air
      320 words
    • 144 12 f 31: -trf KJutcUa* Sauna, &6unt& 4fo&t' £-rv/iixii>*+ <Jauna/4c&itneBS'(§&j£b 3hrJvfpa/bore> YOUR ULTIMATE PALACE FOR BUSINESS OR LEISURE... 4 V-'tMk. iHi ■®L__ 6BBil£ti^^s2il 1 r OUR FACILITIES ((Lctest State cfThe Art Facilities) Luxurious Hot Cold Spa Pool Elegant Swedish Imported Steam Room Enticing Sauna Room Equipped with TV <Sl Shower Spacious
      144 words

  • Page 13 Advertisements
    • 64 13 L.„ *****,000 «41.740| 7 Per square metre E-v 1 I UMB mmb A :M brick concrete Minutes to two t d 10 to 111 Sydne Th 1 Rolling acres College on y our doorstep 6% RVRM Guaranteed It^fjtJl Return j m sidiee pte ud naaana 10 Anson Road #11-07 International
      64 words
    • 742 13 a IOTH ASIA PACIFIC PETROLEUM CONFERENCE WSBSHSSBSBSSBM 19 21 September 1994 Singapore Oil Lecture 1994 ißkifc Raffles City Convention Centre, Singapore a f i». a Major Market for OPEC Oil The Premier Meeting Place for the Oil Industry state-of-the-Industry Address: Cost Effective Environmental ism DR SUBROTO TO DELIVER OIL LECTURE
      742 words

  • 532 14 THOSE familiar with Indonesia's tax system will surely appreciate the importance of the tax reform bill presented by Finance Minister Marie Muhammed to Indonesia's House of Representatives. The bill marks the start of a new era, not just in fiscal terms but also
    532 words
  • WHAT THE OTHERS SAY
    • 209 14 CENTRAL to the HDB's new registration system for allocating flats is the government's determination to spare young couples without a roof of their own the frustration they suffer finding themselves edged out of the queue by people who already own HDB flats, and whose only
      209 words
    • 107 14 THE NUMBER of obese students has dropped but clearly a lot more needs to be done. Only 9.8 per cent of the 41,374 obese students have made an improvement. This means that about 90 per cent are still facing problems. The number is not small.
      107 words
    • 170 14 CHINESE PRESIDENT Jiang Zemin's first official visit to Russia has strengthened mutual trust between China and Russia after the end of the Cold War and helped in the future development of friendly bilateral ties. Security as well as trade and economic issues were top of
      170 words
    • 179 14 IN HIS ANSWER yesterday to the latest critics of the government's pension proposals, the acting Secretary for Education and Manpower, Lam Woon-kwong, descended to insult and vituperation. Responding to academics who bought newspaper space to set out their arguments, he described their opinions as "beyond the realm
      179 words
    • 147 14 STABILISING population growth is the declared aim of the draft action plan of the United Nations International Conference on Population and Development in Cairo, which begins on Monday. But the conference may, in fact, be a watershed in contemporary morality and social mores. Cairo could be
      147 words
  • 875 14  -  Noting that the figures are most encouraging, Prem Shankar Jha says you just need to look for signs in the right places agriculture, in particular Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article to BT OVER THE past
    875 words
  • Page 14 Advertisements
    • 196 14 making Y o u r I VISION AIEALITY 750 A Chai Chce Industrial Park is ideally IHHHBHRBi located close to new towns, offering the convenience of a ready pool of skilled workers, 1 MyMipdßß as well as easy accessibility to the rest of Singapore through an extensive transportation network. In
      196 words
  • Page 14 Miscellaneous
    • 110 14 oh luckn ne. tuc Dtstc top rqp*r&p>LL M TODRV C ASJOCIATtO NEWSPAPSRS LTO IMMH4 98bO DOONESBURY GARRY TRUDEAU THE NOSUHOHAVETO TAKE I MS UJONPGRNO FPJECOULO I IOUtETHE (WXJTTtE I THEM FEEL Sn6MAU7EP. THE &-NAME THEM ItmXUCTOW "T YOU MEANT WNmxty \PVUWPS, ftE&OAL PEMEPIAL LABEL MAKES THEM COURSES. REMEPIALEN6USH, FOR COURSE
      110 words

  • ANALYSIS
    • 1781 15  -  A leading Republican trade expert tells Leon Hadar that the Clinton trade policy is inconsistent, and calls for a decoupling of trade policies from workers' rights and environmental issues. He also blasts Washington for not paying more attention to South-east Asia. Leon Hadar
      1,781 words
    • 1238 15  -  James Risen finds that the US economic recovery isn't all it's cracked up to be James Risen Los Angeles Times AMERICAN Labour Secretary Robert Reich is frustrated, and doesn't mind letting off a little steam when asked why he thinks his boss isn't getting
      Los Angeles Times  -  1,238 words
  • Page 15 Advertisements
    • 284 15 "UNdiRWATiR 11 DiNiNq AMbiENCE wiih a widE RANCjE of Dishts ijr For lie first ime in <Sinqapore, ljou can treat yourself and I fami lj to unique and excitinq experience of dininq in an I "underwater" ambience. Also on band to excite qour taste jf ji buds will be an
      284 words

  • 508 16 Rift between Greenspan, Blinder may have political impact AP WASHINGTON A philosophical clash is emerging between Federal Reserve chairman Alan Greenspan and the board's newest member over monetary policy a rift that analysts say could have heavy political connotations. Mr Greenspan, a
    AP  -  508 words
  • 58 16 Reuter OSAKA Model homes aligning what used to be a baseball field in Osaka Stadium in the heart of thecity centre. Plans are underway for the housing display to be torn down and replaced by a terminal for trains to and
    Reuter  -  58 words
  • 410 16  -  From Al Labita in MANILA MANILA South Korea's Anam Group, the world's largest semiconductor packaging firm, is investing US$3OO million (SS4SO million) more in a subsidiary, the biggest in Manila's electronics industry. Anam chairman Kim Joo Jin, who called on
    410 words
  • 429 16 The Straits Times JAKARTA Singapore and Indonesia will sign a new air services agreement later this month giving their airlines more flights, expanded routes and the right to pick up passengers in each other's country for onward journeys to other
    The Straits Times  -  429 words
  • 316 16  -  From Agnes Chen in PULAU LANGKAWI PRIME Minister Goh Chok Tong arrived here yesterday for a three-day working visit and was received by Malaysian Foreign Minister Abdullah Badawi. On his arrival at Langkawi International Airport, 40 teenagers wearing glittering ceremonial dress gave
    316 words
  • 984 16  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is a B T journalist. IT WAS only fitting that Tomiichi Murayama, as Japan's first pacifist Prime Minister since the war, should attempt to get his countrymen to face the ugly facts of history.
    984 words
  • 336 16 Reuter, AFP TOKYO Australian Prime Minister Paul Keating yesterday said Japan will be the first beneficiary under the Asia Pacific Economic Cooperation (Apec) forum. Mr Keating and his senior economic advisers are in Tokyo for talks with Japanese Prime Minister
    Reuter,; AFP  -  336 words
  • 215 16 AP HANOI Indian Prime Minister P V Narasimha Rao arrived here yesterday for a three-day visit aimed at boosting trade and investment with one of his country's staunchest allies. Indian and Vietnamese officials plan to sign as many as five agreements
    AP  -  215 words
  • Page 16 Advertisements

  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        41 17 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Baring, GK Goh, Kay Hian. Morgan Grenfell. Nomura. Phillip. Smith New Court and Wl Can.
        41 words
      • Article, Illustration
        141 17  -  By Paul Leo Singapore Land broke above its three-month range between $7.00 and $7.85 last Friday to close at $8.20. It remained unchanged yesterday in spite of strong buying interest. Other technical factors are not very healthy too. Daily Relative Strength Index and stochastics are near 100, indicating
        141 words
    • 414 17  -  By A J Leow SINGAPORE Orchard Parade Holdings reported yesterday a quantum leap in its interim net earnings from $1.21 million to $26.82 million thanks largely to profits booked with the completion of phase two of West Bay condominium project. Group turnover for
      414 words
    • 361 17  -  By William Chia SINGAPORE Paper trading and food group Inno-Pacific Holdings Ltd has reported a 76.9 per cent reduction in its group loss after tax to $1.41 million for the six months ended June 30, compared with $6.09 million previously. The
      361 words
    • 221 17 SINGAPORE Construction company Econ International Ltd and property player Hwa Hong Corp have invested in a project management company in Vietnam through their subsidiaries. Each holds a 42.5 per cent stake in Sinviet Project Management Pte Ltd, formed yesterday. Econ's vehicle is
      221 words
    • 838 17  -  HOCK LOCK SIEW By William Chia REPORTS in July of a cement shortage in Jakarta and the surrounding areas highlight just how fragile the balance is between demand and supply for this vital building material in Indonesia. Although the government has played down the
      838 words
    • 364 17  -  By Lilian Ang SINGAPORE Listed Hotel Properties Limited (HPL) yesterday reported an 8 per cent rise in net earnings to $29.86 million for the half-year ended June 1994. But the improved net earnings figure paled in comparison with bottomline profit, which soared
      364 words
    • 189 17 SINGAPORE Shipping company Osprey Maritime has bought a used 41,570-dead-weight tonne (dwt) product tanker for U5522.5 million (Ss33 million). The company said yesterday that the six-year-old Japa-nese-built vessel, to be delivered in October, will be renamed Osprey Challenger from Pacific Challenger. It
      189 words
    • COMPANIES
      • 65 18 SINGAPORE Nat Steel reminds its shareholders that the last day of trading in its warrants on the Stock Exchange of Singapore will be on Oct 4. The warrants expire on Oct 15 but trading has to cease earlier to "facilitate good exercise of the
        65 words
      • 83 18 SINGAPORE Sesdaq-listed tyre maker Stamford Tyres said yesterday that the industrial property acquired by its subsidiary, STC Tyres Malaysia Sdn Bhd (STCM), is located in Negeri Seiangor, Malaysia, and not Negeri Sembilan, Malaysia, as stated in its press statement on Sep 1 and published
        83 words
      • 67 18 SINGAPORE Computer software firm CSA Holdings' whollyowned subsidiary Automated Systems (HK) has acquired ELM Computer Technologies (ELM). CSA said yesterday that ASHK has issued 5.35 million shares at a par value of HK$l each in exchange for ELM shares. ELM, incorporated in Hongkong, has a
        67 words
      • 63 18 SINGAPORE DBS Land announced yesterday that its whollyowned subsidiary Amethyst Holdings has taken up an additional 20 per cent stake amounting to US$4.4 million in PTIAH. It now owns 90 per cent or U5517.25 million of PTIAH. PTIAH is currently involved in the
        63 words
      • 72 18 Bernama MELBOURNE Jack Chia-MPH who won control of Australian biscuit company Players Group Limited last week in on-mar-ket share purchases has said it would not acquire any more shares. According to The Australian newspaper, JC-MPH said it had acquired 8.019 million Players shares on-market since
        Bernama  -  72 words
      • 60 18 Bernama KUALA LUMPUR Tasek Cement Bhd posted a group pre-tax profit of M 545.969 million (Ss27 million) on a M 5213.908 million turnover for the year ended June 30. At company level, pre-tax profit rose 11.7 per cent to M 545.969 million on a 4
        Bernama  -  60 words
      • 401 18  -  From Leslie Lopez in JAKARTA A TOP contender in the takeover of the debt-laden Kanindo Group, Indonesia's most prominent textile concern, has pulled out from the race. Johannes Kotjo, a former top executive of the powerful Salim Group and current executive chairman of
        401 words
      • 292 18  -  From Al Labita in MANILA FILIPINO-CHINESE retail tycoon Henry Sy is building another shopping mall his seventh to cash in on the Philippines' buoyant consumer market. Mr Sy said yesterday the three-storey mall will rise in Bacoor, Cavite, a booming commercial and residential
        292 words
      • 402 18 MBT KUALA LUMPUR Perlis Power, an independent power producer (IPP) involving Landmarks Bhd. Time Engineering, Perlis Islamic Foundation and Tenaga Nasional Bhd, will be the lirst IPP to be given the licence to export electricity if talks between Malaysia and
        MBT  -  402 words
      • 493 18 MlMglll' phtm Sep 6 Mcndaki Gr Fund 1.20 I 23x<*S c; t„..» US Gr Fund 1.01 l.05» Singapore utm i nisi iimd 1 a y«i iwi The Commerce 1.68 1.78 UBIB "TVC$1 Wp LIO The Savings Fund 1.61 170 Unifund 1.56 1.62 Spore Prog Fund 0.73 0.78 Unibond 1.035 1.06
        493 words
      • 326 18 MARKET WATCH Renter MANILA Petron Corp, the Philippines' biggest and possibly most controversial share offering, is due to make its debut on the stock market tomorrow at nearly double its offer price. The stock, snapped up by retail
        Renter  -  326 words
      • 132 18 Bernama KUALA LUMPUR Tongkah Holdings Bhd has proposed to acquire a Penangbased precision tooling group for M 565.129 million (5538.2 million). The proposed acquisition would be satisfied by the issue of 20.352 million new Tongkah shares at M 53.20 each. The company said yesterday
        Bernama  -  132 words
      • 346 18 MBT KUALA LUMPUR Telekom Malaysia Bhd's convertible Eurobonds, which will be sold to international investors from this week, will be the first issued by a Malaysian company to be listed on the London Stock Exchange (LSE). Executive chairman Rashdan Baba said Telekom's
        MBT  -  346 words
      • 343 18  -  By Quak Hiang Whai SINGAPORE Thailand's Krungthai Thanakit Public Co Ltd plans to issue 37 million new shares in a proposed initial public offer to raise about 2.5 billion baht (S$ 149.6 million). Phirasilp Subhapholsiri, president of Krungthai Thanakit,
        343 words
      • 444 19 Reuter WELLINGTON New Zea-land-based conglomerate Brierley Investments Ltd (BIL) has seen its share climb in the year ended last June, but some stock analysts said yesterday that the firm was still undervalued despite forecasts of a record profit. Analysts have forecast BIL to
        Reuter  -  444 words
      • 250 19 Bloomberg Business News HONGKONG Kwong Sang Hong International Ltd, a property and cosmetics affiliate of merchant bank Peregrine Investments, has posted a 17.4 per cent rise in interim net profit to HK$ 129.9 million (SS2S.2 million). Revenue jumped 34.8 per cent to HK5405.04 million in
        Bloomberg Business News  -  250 words
      • 280 19 Bloomberg Business News LONDON JIB Group pic, the London-based insurance broking arm Jardine'Matheson Holdings Ltd, said yesterday first-half pre-tax profit rose 17 per cent amid rapid growth in its Asian business. Strengthened by a 19.4 per cent rise in sales in Asia, profit before
        Bloomberg Business News  -  280 words
      • 498 19 Reuter HONGKONG Hongkong fund managers say they are using the stock market's recent rally to take some profits but are pumping that cash back into laggard stocks. "It's a good time to do some switching trimming those positions that have done
        Reuter  -  498 words
      • 321 19 Bloomberg Business News MELBOURNE Australian forest products and mining company North Broken Hill Peko Ltd yesterday reported a 40 per cent rise in full-year profit on increased gold production and lower interest costs. Profit after tax and onetime
        Bloomberg Business News  -  321 words
      • 476 20 Reuter TOKYO Two major listings in the Tokyo stock market this autumn have thrown the spotlight on Japan's privatisation programme, which has been plagued by weak share prices and anachronistic procedures, analysts said yesterday. Investors are anxiously awaiting the listings of Japan
        Reuter  -  476 words
      • 140 20 Bloomberg Business News TOKYO Shares of Japan Telecom have already risen about one million yen (5515,035), or 21 per cent, from its initial offering price in Loodon's "grey" market, traders said yesterday. "It's trading in the grey market at about 5.7 million yen, which
        Bloomberg Business News  -  140 words
      • 399 20 AFP SYDNEY Foster's Brewing Group yesterday said its future growth was with beer drinkers in Asia, after reporting a 9.2 per cent drop in net profits to A 5281.7 million (Ss3lo million) in the year to June. The 1993-94 result
        AFP  -  399 words
      • 205 20 Reuter TOKYO The president of Toyota Motor Corp, Tatsuro Toyoda, told Chinese premier Li Peng that his company wants to produce passenger cars and car parts in China, a spokesman for Japan's top car maker said. Mr Toyoda made the statement
        Reuter  -  205 words
      • 401 20 Bloomberg Business News LONDON Burmah Castrol pic yesterday said its profit in the first half rose 15 per cent as its worldwide lubricant and chemicals businesses showed strong growth in the US and Asia. Burmah, the maker of America's number 2 motor
        Bloomberg Business News  -  401 words
      • 229 20 Bloomberg Business News SYDNEY Engineering group Leighton Holdings Ltd has asked for official approval for the transfer of its interests in a consortium that is building Sydney's first casino to an independent trustee. The company is hoping that the transfer will remove
        Bloomberg Business News  -  229 words
    • FINANCE & COMMODITIES
      • 460 21 Reuter JAKARTA Indonesia's central bank made a surprise move yesterday to liberalise its foreign exchange market, widening the dollar fluctuation band and setting a new net open position for banks with immediate effect. Sources close to the central bank said the moves were
        Reuter  -  460 words
      • 264 21  -  By Markos Tando SINGAPORE Lausannebased Banque Cantonale Vaudoise has set up BCV Investment Asia Singapore to tap the growing investment fund market in the region. BCV sees potential in regional equities markets, which have been outpacing growth in New York and London, said BCV
        264 words
      • 298 21 Reuter HONGKONG Swire Pacific Ltd plans to tap the United States domestic market by launching a US$2OO million (Ss3oo million) Yankee bond later this month. Banking sources yesterday said Merrill Lynch would be lead manager, with JP Morgan and Salomon Brothers
        Reuter  -  298 words
      • 331 21 Bloomberg Business News WELLINGTON New Zealand bond prices dropped for the fifth successive day yesterday as investors became convinced the Reserve Bank would call for higher interest rates to dampen inflationary pressures, traders said. The central bank will release its
        Bloomberg Business News  -  331 words
      • 161 21 Reuter TOKYO Daiwa Securities Co and a leading Chinese securities firm have signed an agreement to encourage foreign investment in mainland companies and Chinese investment in overseas markets, Daiwa said yesterday. Daiwa and China Securities Co in Beijing plan to develop
        Reuter  -  161 words
      • SMALL CHANGE
        • 87 21 Bloomberg Business News LONDON Fidelity Investments' sister company in the UK closed four British funds after a large investor withdrew US$5O million (Ss7s million), the Wall Street Journal Europe reported. The withdrawal, by investor Clerical Medical, wasn't because of bad performance by the investment
          Bloomberg Business News  -  87 words
        • 82 21 Reuter BANGKOK Integrated circuit manufacturer Alphatech Electronics pic plans to issue a second batch of around US$6O million of convertible debentures in the Swiss market. The company told the Stock Exchange of Thailand it agreed in a shareholders meeting last week the debentures will have nomore
          Reuter  -  82 words
        • 51 21 Guinness Mahon bank bought Bloomberg Business News DUBLIN Irish Permanent Building Society said it bought Guinness Mahon, the Dublin-based private banking arm of investment company Guinness Mahon Holdings, for £6.7 million (S$ 15.48 million), the Financial Times reported. The acquisition follows the purchase of Prudential Life of Ireland. Bloomberg Business
          Bloomberg Business News  -  51 words
        • 58 21 Reuter KARACHI Shares of the privately owned Muslim Commercial Bank (MCB) rose 11.50 rupees or 14 per cent to 93.50 rupees after the government appointed MCB as lead manager for the placement of five million Pakistan Telecommunication Corporation (PTC) vouchers abroad, dealers said. Some 26,100 shares
          Reuter  -  58 words
      • 52 21 Reuter JAKARTA Workers filling rice bags in the central market here yesterday. Indonesia will receive about 200,000 tonnes of rice from Vietnam and Thailand this month to help ease pressure on domestic supplies after drought devastated part of the main growing area on the island of
        Reuter  -  52 words
      • 183 21 AP TOKYO A German bank has been ordered to pay back taxes for income earned on derivatives transactions that the Japanese tax agency said were improperly reported, the bank's assistant general manager said yesterday. Commerzbank is the first foreign bank to
        AP  -  183 words
      • 739 22  -  From Neil Behrmann in LONDON FOREIGN exchange traders are wondering whether the July capital outflow from Japan is a warning sign that the yen is peaking. For the moment, the currency is underpinned by concerns over the course of trade negotiations
        739 words
      • 517 22 IHT PARIS This is the week to watch for a clue to where bond prices are headed. Professional money managers returning from holiday will either start committing cash holdings built up over the summer or will remain on the sidelines fearing that the risk far
        IHT  -  517 words
      • 368 22 Bloomberg Business News CANBERRA Australia will lose billions of Australian dollars in economic benefits unless the government loosen restrictions on the uranium industry, an economic think tank said in a report yesterday. "Australia's policy of preventing development of new mines needs to be reviewed
        Bloomberg Business News  -  368 words
      • 459 22 NYT NEW YORK Investing overseas is a two-part equation: the stocks or bonds you bought must perform well, and so must the currencies of the country where they were issued. This year has proved to be a good lesson in the second half of
        NYT  -  459 words
      • 180 22 Reuter SYDNEY Sydney Futures Exchange yesterday said futures and options trading rose 51 per cent in the first eight months of 1994, compared with the same period a year ago. with a surge in interest in Australia's finance markets from overseas. SFE chief
        Reuter  -  180 words
      • 181 22 Bernama ISLAMABAD A hydrocracker project, the biggest in the petrochemical industry of Pakistan, will be launched in December this year. The project, according to sources at the state Petroleum Refining and Petrochemical Corporation (Perac). will cost US$45O million (***** million). The
        Bernama  -  181 words
      • 267 22 Reuter LONDON The dollar was weak and subdued at the European midsession as a lack of news and Friday's near threepfennig fall from recent highs kept it immobilised. The bond market proved the dollar's Achilles' heel after Friday's US data extended speculation about nascent inflation and deterred
        Reuter  -  267 words
      • 237 22 Bloomberg ENERGY REPORT LONDON London crude futures lost almost 3 per cent in value, falling below US$l6 a barrel for the first time in two weeks as a two-month-old strike by Nigerian oil workers collapsed. At 4.30 pm London time. Brent
        237 words
      • Article, Illustration
        1477 22 I raJe Hfixhml index iuA ulaletl axamM S'pore'i top 14 tradintf partners Base year: 1985 US$/S$ forward rates Noon Sep 5 ss Bid Oder 1-month ***** 1 4998 2-month 1.4979 1 4993 i-month 1.4975 1 4989 6-month 1.4957 1.4975 /var Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        Base year: 1985  -  1,477 words
    • COMMODITIES & FUTURES
      • 1229 23 Reuter SINGAPORE Simex Euroyen and Eurodollars finished a day of listless trading unchanged yesterday, while the Japanese government bond (JGB) futures rose on the back of the yen's strength against the dollar. In Tokyo, the dollar eased slightly against the yen, ending at 99.05
        Reuter  -  1,229 words
      • 670 23 COMMOtMTY REPORTS Rubber TOKYO: Sep, Oct and Nov contracts in Tokyo rubber futures finished sharply lower yesterday, plunging by the daily price limit of six yen per kg. Other contracts were 4.1 to 5.5 yen per kg lower. Benchmark February closed down 4.1 at 112.2. Dealers
        670 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 56 23 KUALA LUMPUR The Malaysian Chamber of Mines says the near-term outlook for tin "strongly favours the bear", partly because of high Chinese exports. The chamber attributed the bearish outlook to global tin stocks that "remained high because of hefty Chinese tin exports and weaker demand
          56 words
        • 66 23 KUALA LUMPUR The flow of Indonesian palm oil into Malaysia will slow to negligible levels this month because of Indonesia imposing "punitive" export taxes on palm oil, traders said. In August, Malaysian refiners are estimated to have imported under 20,000 tonnes of Indonesian
          66 words
        • 57 23 LONDON Aluminium was firm yesterday morning despite news that workers at the Tomago aluminium smelter in Australia called off their 24-day strike over the weekend. Tomago management had said that it would idle 81,000 tonnes per year of capacity at the 380,000-tonne per-year capacity
          57 words
        • 53 23 LONDON A quiet European oilseeds market is being kept buoyant by firm sentiment in the oils market, allied to sharply increased Chinese demand for oil, traders said. Despite Chinese demand, most, but not all, crushers are well supplied with seed for the rest of this
          53 words
        • 36 23 LONDON Growing demand for zinc from the galvanising sector should give the market a significant demand-side boost in 1995, analyst Angus MacMillan said in Billiton-Enthoven Metals' weekly report on the metals markets.
          36 words
    • 1366 23 Rubber (futures desleg m at S.JIpn) KSS1C—tract (S cents/kg) Cloac Volume Open Month High Low Sett (tonne*) Interest Oct 94 183 00 183.00 183.00 900 3900 Nov 176.00 172.00 172.75 400 4550 Dec 169.50 169.50 169.50 300 4000 Jan/Mar 95 169.75 166.50 166.75 1800 ***** Apr/Jun 170.00 170.00
      1,366 words
    • REGIONAL STOCK MARKETS
      • 1138 24 -11.5 SHARES fell yesterday in line with a drop on Wall Street, brokers said, predicting cautious trade ahead on the domestic bourse with the US market closed for a public holiday. The key All Ordinaries Index closed at 2,095.5, 11.5 points below Friday's close. The All Industrials Index slumped
        1,138 words
      • 681 24 +8.04 Share prices started the week slightly up yesterday on buying in second-line stocks and blue chips Philippine Long Distance Telephone (PLDT) and Manila Electric (Meralco), analysts said. The PSE Composite Index climbed 8.04 points to close at 3,104.30. Turnover was 6.88 billion shares valued at 1.2 billion pesos.
        681 words
      • 542 24 -84.93 Share prices plunged 84.93 points to 6,866.32 yesterday on weak electronics, paper and banking issues. Turnover was 1,23 million shares valued at NT563.39 billion. Yesterday's listing of Taiwan's largest integrated circuit producer, the Taiwan Semiconductor Manufacturing, which soared to the daily permitted maximum of 7 per cent to
        542 words
      • 476 24 +21.73 Share prices jumped yesterday, fuelled by inspiring signs of abundant money before Korean Thanksgiving holidays and other market-boosting measures. The Composite Price Index soared 21.73 points to 969.61 in active trading. Turnover was 40.99 million shares valued at 670 billion won. Rises beat falls 634 to 196, with
        476 words
      • 292 24 -2.24 The market twice recovered from attempts to sell to end the session fiat yesterday. The NZSE-40 Capital Index closed just 2.24 points down at 2,176.51, recovering from the 2,162.53 low. "It was a good performance," said a broker. "The volume shows there was good demand." Volume was
        292 words
      • 64 24 -15.46 Stocks ended lower in dull and easy trading yesterday. The 30-share BSE Index closed at 4,510.75, down 15.46 points. The 100-share National Index dipped by 4.31 to 2,135.79. "The dull trading was expected because of this week's end of account and also most of the brokers are involved
        64 words
    • WORLD STOCK MARKETS
      • 1542 24 Britannia Funds Sterling ash Bid Offer Mim Cap Depout It 6400 3* 6500 M.m Jenev gST. —A114} 0.1992 Mim Ma» Income ****** ****** USSCnk Income PI in Fund *9 5200 *10 0300 PS t Reserve Fund *5 3000 *5 3100 Sterling Equity Euro Performance .0.4592 0.4938 Far Ean Fund *2.7650
        1,542 words
      • 669 24 +18.8 STOCKS rose after a report of slower-than-expected money supply growth prompted thoughts that interest rates would not rise soon. The FT-SE 100 Index rose 18.8 to 3,241.50 points. The index was led higher by shares of British Petroleum, Shell Transport Trading and Barclays. The gains came after the
        669 words
      • 183 24 -22.17 French stocks fell 1.1 per cent on investors' conviction that Germany's economic recovery is too strong for Europe's two-year series of interest rate cuts to continue. The CAC-40 Index closed 22.17 points down at 1,998.20. Over the weekend, Bundesbank president Hans Tietmeyer said strong German economic growth meant
        183 words
      • 235 24 -0.92 German stocks fell in postbourse trading to their lowest in six days, dragged down by falling bonds amid pessimism over interest rates. The DAX Index fell to 2,173.60, down 0.92 from the floor close. That's the lowest point since Aug 26 when it hit 2,140.34. "The market was
        235 words
      • 173 24 -10.11 Belgian stocks had their biggest one-day fall for two months after a decline in the dollar and a rise in bond yields weakened earnings outlook for companies. The Bel-20 Index of leading stocks dropped 10.11 points to 1472.62. That's the index's lowest point since Aug 26. "It doesn't
        173 words
      • 159 24 -232 Italian stocks fell for the fifth day as investors sold amid uncertainty ahead of the government's meeting today on the 1995 budget. "We're seeing a lot of selling from Italians today," said a trader. "There's no specific news moving the market. People are taking their profits." The Mibtel
        159 words
      • 275 24 -1.17 Dutch stocks closed lower, taking their cue from a weaker dollar and lower bond prices, amid continued nervousness about interest rates. The Labour Day holiday in the US, where financial markets are closed yesterday, limited trading and kept stocks from rising. "There's a little bit on offer while
        275 words
      • 147 24 Swedish shares closed 2.24 per cent lower amid speculation that the Social Democrats will not win a majority in national elections on Sept 18, traders said. The OMX Index tumbled 25.62 points to 1,119.75. Twenty-six stocks fell and four remained unchanged. "Speculation ahead of the elections is negative for
        147 words
      • 277 24 +2.5 Swiss stocks rose, even though German interest rate concerns wiped out early gains, which were registered on the back of strong earnings from Roche Holding. The SMI Index of 23 stocks gained 2.5 points to 2,674.50, with six stocks rising, three steady and 14 stocks lower. The SPI
        277 words
      • 344 24 +41 Shares ended firmer across the board yesterday as investors overcame fears of profit-taking to extend recent gains in mostly steady trade. The US Labour Day holiday had done little to dampen enthusiasm, while a static gold price had not dented buying of gold shares. The decision by striking
        344 words
    • Article, Illustration
      2784 25 Bloomberg Business News HONGKONG Stocks rose yesterday for the second consecutive day as investors pinned their hopes on new money from Japan and the US to push up the market. Japanese and US financial institutions have set up new funds to invest in Asian equities, including the NomuraTempleton funds
      Bloomberg Business News; Source: Bridge Info  -  2,784 words
    • Article, Illustration
      449 25 CLSA THE Shanghai A market surged 644.56 points to 5,203.96 on the back of positive sentiments. Shenzhen A shares soared 266.55 to 1,595.60 on active trade by local brokers. Shanghai B shares were up 38.46 points to 908.60 on US$5.B million turnover. Pilkington Glass regained 29.2 per cent after
      CLSA  -  449 words
    • Article, Illustration
      2418 25 Reuter TOKYO Stocks in Japan ended lower as dealer-selling and arbitrage-linked selling in the afternoon hit prices, brokers said. But trade was relatively quiet all day and they said the drop was exaggerated by thin trading volume. Many investors were awaiting results of the Bank of Japan's quarterly survey
      Reuter; Source: Bridge Info  -  2,418 words
    • Article, Illustration
      1669 25 Bloomberg Business News BANGKOK Stocks fell for the first time in seven trading days on expectations that cuts in banks' deposit rate will reduce the amount of money available for investment. A flood of money, much of it from abroad chasing high Thai bank rates, has been a driving
      Bloomberg Business News; Source: Bridge Info  -  1,669 words
    • Article, Illustration
      1124 25 Reuter JAKARTA Share prices closed higher following surprisingly strong support from local players and relatively buoyant foreign investors. "Foreigners set the trend in the morning and local players followed with their speculative buying," a broker said. Smart continued its strong performance after last week's imposition of export taxes on
      Reuter; Source: Bridge Info  -  1,124 words
    • 2354 26 Gr Gr I'm L«»« Vol Day Las! Qw»l« DJ* W* VM \tt M f «P High Low Company Sal* ("000) High Low Bayrr SeUff CV P't- MALAYSIAN STOCKS 312 160 AIS8 50c 220 -7 29 225 220 218 227 5.0 1.2 0.7 189.7 225 7 206 107 AMDBSOc
      2,354 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5981 26 sion. Reuters, Bloomberg Business News KUALA LUMPUR Share prices closed mixed to slightly lower, following a final push by traders which forced the market upwards during the last hour. Also, the end of the seven-day settlement period drove down prices in some shares,
        sion. — Reuters, Bloomberg Business News; Source: Bridge Info  -  5,981 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7815 27 im##* Wp s Cr Cr M W| |Mi Lasi Vol Day Lmi Qade Di« Dh >W Net Cay A»g High Law Caapaay Sale CM*) Hi** Law Bayer Sdhr Cit P/E Ml Price INDUSTRIAL AND COMMERCIAL 1440 US its Acma ,000 +10 159 1000 990 fti 1000 17.J 47 .8 1*0
        7,815 words
      • 1813 28  -  By R Sivanithy SINGAPORE An early attempt by stocks to recover from last Friday's profit-taking was quickly abandoned yesterday, with prices drifting marginally lower as the market suffered from selling of blue chips and a slowdown in the gains in Malaysian stocks.
        Charts by Bridge Info; Source: Bloomberg  -  1,813 words
  • Page 17 Advertisements
    • 201 17 NEWS VALUE How today 's news might affect your stocks Condo protect sends Orchard Parade earnings skywards (this pg) Earnings will be volatile from year to year because of accounting treatment of development projects based on completion. HPL's interim bottomline profit doubles on share sale (this pg) Nothing to shout
      201 words

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    • 213 18 BUSINESS_TIMES TOLL-FREE TEL. No. 1-800-741-1863 FAX: 741-1298 IKoeneman Capital Management Pte Ltd rr<7ni PACIFIC BASIN EQUITY ANALYSTS Koeneman Capital Management (KCM) is an international investment management firm based in Singapore. We manage approximately Ssl.6 billion In assets on behalf of institutional clients around the world. Rapid growth has created additional
      213 words
    • 10 18 Dividends table has been held over due to space constraints
      10 words

  • Page 19 Advertisements
    • 164 19 jr Pursuing business opportunities can leave a smaller company wishing for more cash. W M M M I INTERNATIONAL FACTORS has a solution: Factoring. A unique financial service that offers pr J^ m growing businesses immediate cash advances of up to 90% against their invoices. We also provide credit risk
      164 words

  • Page 20 Advertisements
    • 91 20 MORE THAN BANKERS, BUSINESS PARTNERS 3 ONE SYMBOL 'J THAT'S MADE STANDARD CHARTERED'S CUSTODIAL SERVICES EVEN MORE ATTRACTIVE. ISO 9002. Standard Chartered Equitor Group is symbol is a true measure of the international renowned for its Asian custodial services. So much standards of quality we have achieved. Not to so
      91 words

  • Page 21 Advertisements
    • 210 21 BANQUE CANTONALE VAUDOISE Zurcher Kantonalbank Members of the Group of Swiss Cantonal Banks are pleased to announce the opening of their Representative Offices in Singapore Banque Cantonale Vaudoise (BCV) and Zurcher Kantonalbank (ZKB) are the first cantonal banks from Switzerland to venture overseas with the opening of their representative offices
      210 words

  • Page 22 Advertisements
    • 7 22 The US currency market was closed yesterday.
      7 words
    • 49 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, UanHe Zaotoao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask lor home or office delivery service.
      49 words

  • Page 23 Advertisements
    • 85 23 BOIN^Snj^S TOLL-FREE TEL. No. 1-000-741-I«S3 FAX:74I-I*9> HILL GROVE REALTY LTD *****,000,000 Guaranteed Floating Rate Notes Due 1999 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 3-month period from 6 September 1994 to 6 December 1994 (91 days) is 5.*****%
      85 words
    • 40 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't hive to read between the inesto get the Ml picture. Companies k Marttets. Everyday. BusmessEnxs
      40 words

  • Page 24 Advertisements
    • 193 24 lIIIHII BBHhBBII Mouton Rothschild 1921 $1665 Hautßrion 1955 $680 mn IOBBDPBI Mouton Rothschild 1966 424 Hautßrion 1961 $842 Mimi wlWflllßKlKffliniHiSialififfffßH»nnimilMl Mouton Rothsdiild 1970 $331 Hautßrion 1966 $330 i iffiPi ■■■■■■I E iflWllUflllll Moutonßothschild 1962 $413 Hautßrion 1982 $267 ■■■■Hfll AH Jf ItlßlßSflßilW 11 B ■■Pllip Mouton Rothschild 1966 246 Hautßrion
      193 words

  • Page 25 Advertisements
    • 45 25 ACTAL NEUTRALISES STOMACH ACID. quick relief from stomach discomfort, 1 FAST-ACTING ANTACID JgmSaSm 4 a Stfri inc indiges- relieves gastric paw, i I Health tion and heartburn. b.: HCARTBUI, I. A D ?FT Yesterday closing prices were not available. We are repeating Friday's dosing prices
      45 words


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    • 35 27 215 cords 2 ill ftslablhhiiwnls MasterCard h jg>. f* V;- r hands And it worldwide. SHOTS vv The ,atest ,n sea a,r \\lS& anc ,ancl trans P oriat,on *i Shipping Times Monday to Friday. BusinessEmes
      35 words

  • Page 28 Advertisements
    • 308 28 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.~ ToadMjritiMyw 1-806-741-1883 fib* Straits Tlmm 1 M THE MATTER OF THE COMP AMES ACT, (CHAPTER 50) AND M THE MATTER OF CRESTECSMGAPORE PTE LTD (hwonaraltdlßllM RepuMc of Singapore) (M LIQUIDATION) (MEMBERS' VOLUNTARY WMDMG4JP) NOTICE IS HEREBY GIVEN that the cradtas of the
      308 words
    • 340 28 NOTICES IN THE MATTE* Or THE COMPANIES ACT. CHAPTER MADOOX TEADCNG PTE LTD MEMEEES VOLUNTARY LIQUIDATION Al—Bill mil—i) General Hrr«i«t of freCon—yde—dlobehrid am to 29* Augmf I9M to followiag fecial reaotaboa arm daly pinrt Thai ike Compaay be woaad ap votuatarily sad dut Mr Ya| Ckiag Chao cfoCC YMg A
      340 words
    • 44 28 This announcement appears as a matter of record only. KIMENG HOLDINGS Placing of 15,290,000 shares for 5549,233,800 and 7,600,000 warrants for 5511,000,000 Arranged by Jardine Fleming Kim Eng Securities (Pte) Ltd. August 1994 t THE STRAITS TIMES CLASSIFIED PROPERTIES M YOUR PROPERTY GUIDE *****
      44 words

  • Shipping Times
    • 367 29  -  Ugland Quality Systems to help companies to achieve international quality standards By Ramesh Divyanathan SINGAPORE Maritime firm Ugland International, which owns a drydock in Swansea, has formed a quality systems company. Ugland Quality Systems (UQS) will assist other shipowning and management companies to achieve
      367 words
    • 301 29  -  By Alec Almazan SINGAPORE The 6,500tonne oil product tanker Ocean Hawk will be delivered by shipyard Atlantis Engineering and Construction to Nan Hua Maritime today. The newbuilding is a cus-tom-designed, single-screw oil tanker equipped with the latest GMDSS (Global Maritime Distress and Search System),
      301 words
    • 820 29 Page Col Accord Group 8 1-3 Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 Bank Line. The 9
      820 words
    • 214 29 KnightRidder NEW YORK The US Department of Transportation's Maritime Administration said last Thursday it has entered into a cooperative agreement with McDermott Shipbuilding Inc to develop a multipurpose cargo vessel. The Maritime Administration and McDermott, with project participants IshikawajimaHarima Heavy Industries
      Knight-Ridder  -  214 words
    • 572 29  -  This is a fortnightly column that highlights important shipping court cases By Ramesh Divyanathan SINGAPORE The High Court has ordered a marine underwriter to pay nearly a million dollars after rejecting its defence that an insured vessel was unseaworthy, not in
      572 words
    • 158 29 Knight-Ridder LONDON Damage to the port area of Genoa as a result of a tornado on Aug 21 has been estimated at 30 billion Italian lira (5528.4 million), according to Lloyd's Intelligence last Friday. One man was killed when a crane he
      Knight-Ridder  -  158 words
    • 153 29 Bernama KUALA LUMPUR Tiong Nam Transport Holdings Berhad will further enhance its bonded warehouse activities when construction of its new bonded warehouse in Johor Port is completed by the end of this month. The group is also trying to expand its transport activities by
      Bernama  -  153 words
    • 1539 30 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,442 on Friday from 1,435 on Sep 1. Reports surfaced of firmer rates paid for US Gulf to Japan Panamax grain cargoes, brokers said. Brokers said the 1977-built, 60,886-dwt Panphilos, formerly the Ravenna, was rumoured fixed
      1,539 words
    • 12772 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
      12,772 words
    • 3321 43 X ontainerline NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sji Bhd (PK/PN). Vfrord Group: Accord Shpg Pie Ltd Contr Line (PK/PN). vlkris Business Corporation Philippine: C glsourcc Shpg Trdg Pte Ltd (S) vlrenktel Liner Service: Kim Shpg Tjdg <S). Übatros Sen-Air Service: Frata Shpg Pte LW(S). \Jfred
      3,321 words
    • 274 43 Abacus Couriers Td: 545-8011. Fax: 545-1898 Air Lxpress Iratel Tel: 533-5771. Fax: 535-6144. Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. CitvLink International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies Services
      274 words
    • 1505 43 Abe* Express Freight Tel: 542-7171. Fax *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerotink Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Carfo Novo Lxpress Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,505 words
    • 2750 44 ALBANIA Durres: Three vessels in port of which 1 discharging machinery, 1 bagged sugar, 1 bagged cement, 1 vessel waiting in roads to load ferro chrome. ARGENTINA Santa Fe: No vessels berthed, none in roads.Diamante: No vessels berthed, I barge due. San Lorenzo: Six vessels berthed of which
      2,750 words
    • 900 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No SEPTEMBER 06 06 Dclfin Star 1100 2000 Port Klang Harpers Shipping 221-1388 06 06 Langkapuri Star 1800 2200 Pcnang Jardinc Shpg Agencics 224-1052 Aquarius 09 09 Renaissance 2 1000 1930 Cruise
      900 words
    • 312 44 SHIP SALES TANKER RATES Inspite of the holiday season, we see further evidence of the firming drycargo prices, especially on the handy size/handymax market. VESSELS SOLD FOR FURTHER TRADING Bulk Carriers Skautroll: 37,497 dwt and built July 1983 Osaka, sold for about US$ 14.75 million to clients Pearl Shipping, India.
      312 words
    • SHIPS IN PORT
      • 514 45 Vtml toy Ne Bfrth Vn»a< Departure JlVM| Pirt Satan Baru B348 il alongside 0^09/2315 Ow Guru 09/01/94 120 akxigade 06^09/2300 FGA 38/B 09/01/94 J2/3 atongade 06.09/0500 forum Power STA/17 116/1/ atongsaie 0609/0600 Iruhener Park 1/94 118/19 atongade 0609/2359 Iran laya 35/94 M atongade 06.09/0200 Be 09/01/94 11
        514 words
      • 1207 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Record Booking/Bjbncc Rstti Ship Voy No Etb/Btr Period From Tf From to Swjn 134A 07/1500 28 06/1700 08/0659 06/0900 4 06/1200 06/1459 06/1700 M Goncharot 42S194 08/0915 1* 05/1500 05/1659 05/1900 18
        1,207 words
      • 995 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
        995 words
      • 554 45 Cafe* Sep 1 tarty Nil* fteodut A* AkiiMan Sedkmrt M/M Exxon KG/M*3 V/V M/M M/M PPM method BO/Orac 1Mb Spec E25 991 1.0 15.0 010 30* 0.10* Spec G35 991 1.0 18 0 US 30' 010* Northern Empe 180 Ave 980 12 13 0 0.05 9
        554 words
    • 1126 46 Even allowing for unfair criticism levelled against the Cyprus flag, it is widely accepted that more action is needed to tighten the noose on substandard ships Lloyd's List A ROUNDED shipping policy is something which Cyprus often professes marks it out as
      Lloyd's List  -  1,126 words
    • 261 46 COURSES Title: Principles of Shipping Operations and Procedures (SDF 70%) Duration: Sep 6 Oct 18 Organiser Singapore National Shipping Association Tet For further details and application forms contact SNSA at 278-3464 or fax: 274-5079. Title: Container Management (SDF 70%) Duration: Sep 6 Oct 11 Organiser Singapore National Shipping
      261 words
    • AIR AND LAND TRANSPORT NEWS
      • 426 48 AFP SYDNEY Global transport group TNT Ltd is "actively looking" for a small to medium acquisition in France, the group's chief executive, David Mortimer, said on Sunday. In a televised interview, he said an acquisition in France made good sense "for structural
        AFP  -  426 words
      • 238 48 Reuter BEIJING China's most ambitious rail project, linking Beijing and Hongkong, is expected to be completed more than a year ahead of schedule, the official China Daily said last Friday. The US$2.3 billion (553.4 billion), 2,538 km line should be finished by the
        Reuter  -  238 words
      • Article, Illustration
        45 48 AFP NEW DELHI Cows lie and stand on a road before motorists on Friday in the Indian capital where the sleepy-eyedanimals, revered by Hindus, hare invaded the raods, dogging trafficand causing accidents, but no one seems to know just what to do with
        AFP  -  45 words
      • 281 48 Reuter HANOI Vietnam Airlines has increased its forecast of new aircraft needed over the next decade to between 60 and 80 and may sell shares to pay for them, an official newspaper reported on Sunday. The Vietnam News quoted Nguyen Ngoc Minh,
        Reuter  -  281 words
      • 532 48 Bloomberg Business News PARIS As 600 plane makers, engine builders and suppliers gather this week in the Surrey countryside for the biennial Farnborough Air Show, their eyes will be as much on their ailing pocketbooks as on the skies. The air fair,
        Bloomberg Business News  -  532 words
      • 1384 48 eg OL Ma MmM GA892 0255 GA882 1940 MaiaMa Qf81 1925 QF82 2055 SQ228 2120 1 Hwilwiw KL837 1450 GA893 1510 KL844 0035 GA892 0255 KL838 2300 Athww SQ348 2250 NZ73 1550 SQ288 2045 SQ286 2040 NZ74 2340 falnlB GF148 0905 MZ222/910 1130 B Sari Imiwm
        1,384 words
      • LOG BOOK
        • 100 48 AFP DAMASCUS Japanese car manufacturer Nissan is considering opening a US$2OO-million (SS3OO million) assembly plant in Syria, a Western diplomat said on Sunday. The plant will build cars with components imported from Japan, to be sold on the Syrian, Lebanese and Jordanian markets, and later
          AFP  -  100 words
        • 87 48 SINGAPORE TNT Express Worldwide's Singapore customer service staff are now sporting a new uniform to project a more professional image. The air express company said that it had invested in uniforms for 32 of its female customer service officers. The new design consists of
          87 words
        • 134 48 Reuter COLOMBO The Sri Lankan government will sign a renegotiated deal with Airbus Industrie on Friday to buy three A340-300s airplanes for US$3OO million (SS4SO million), the Sunday Times said. The agreement, originally for five planes at a cost of US$643 million, was due
          Reuter  -  134 words
        • 91 48 AFP ATHENS Some 24 seamen are missing following a shipwreck west of Cape Town on the South African coast, the Greek shipping ministry said on Sunday. The 24, three Greeks and 21 seamen of other nationalities, have been missing since Saturday, the ministry said.
          AFP  -  91 words
      • 296 48 Employee ownership of airline has removed that problem: chairman Bloomberg Business News WASHINGTON UAL Corp chairman Gerald Grccnwald said on Sunday that employee ownership of a 55 per cent stake in the company means its United Airiines no longer faces the threat of
        Bloomberg Business News  -  296 words
  • Page 29 Advertisements
    • 23 29 (westmuaa separator; Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL ?o§oooo6 Cyprus urged to improve flag ship standards, Page 18
      23 words
    • 33 29 TNT seeks French buy, Back Page Lines and services represented by Members of the Registry of Accredited s H@nJ] Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      33 words
    • 16 29 nmn 737-1166 m 1 to pkxe I a quick- cult a I acting ad. |7rm«4| j
      16 words
    • 103 29 r M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL; *****00 •-'.'mil. ———MMRjgSSSH ANNOUNCEMENT S3 intercosped SRL j an International Freight Forwarder Made In Italy*, is pleased to announce _L T the opening of their Singapore office with effect from Ist August 1994: intetcosped (s) pte ltd., BE—. Magazine
      103 words

  • Page 30 Advertisements
    • 1895 30 IMPORT.... IMPORT.... EHBHBBHE i othbr dmtinations i I north amerisaj WWIIhHwIIw Mucocrn mpn»md mmimio mumuo mmm mpmhumi mbmmm K una/ww no. lwmkus omum mmcmw kiitu trm 37t TM~K» 2M~ 211 MS 27.0 273 211 213 Ul Jf|| I £JJ I MM* I V3K 143 153 1U 1M M CALfOMM LMM
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  • Page 31 Advertisements
    • 1551 31 gypping times, tuesaay oepremucr iwi '«> T" 'T» -IAMMM* HHIPPMia AQgNCIta JtSJUS JaJTtEL #O SuTS7S«M42 CFS: 03-*****42 t 200 CANTONMENT ROAD, #12-05 SOUTH POINT. SINGAPORE 0208 TEL *****4 FAX: *****1 k CR NUMBER: **********0 C IWSH TEL *****3/4 FAX *****6 DOCUMENTATION TEL: *****55 <INWARD>/*****80 (OUTWARD) f? TEL *****12 FAX: *****14
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    • 1762 31 ■OBHssanza EUROPE/C.1.5./SCANDINAVIA 3 TIMES A WEEK REGINA MAERSK V.9410 ETA SIN BTH SEPT 94 PROVIDENCE BAY V.5797 ETA SIN 10TH SEPT 94 PARIS MAERSK V.9410 ETA SIN 12TH SEPT 94 VMM Voy ETA ETO Fee Owed by S eta IT DESTINATIONS N»it «Mk MARC MEN maersk V 9406 CY 13/0#
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  • Page 32 Advertisements
    • 1444 32 r™"™T AQABA R'DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPOflg JEDOAH (VIA JEO) STON H'BUBG A WERP HAVRE MALAYSIA KAGA 37/ <35 a/9 24/9 27/9 25/9 Port K slang. Penarvg STUTTGART EXPRESS OS/335 10/9 19/9 26/9 28/9 t/10 3/10 5/10 PMtr Gud n 9 KIfHSHIMA 06/136 14/9 01/10 04/10
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    • 552 32 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundl. IstamqaJa (Ooqharun) C.1.5./RUSSIA: V<*loehny, Vladivostok, Moscow, Baku, Taahkant, MuM, Alma Ala. Aahgabad, Dushanbe. Kiav N Kotmk Pyongyang. Nampo Mongol** Ulaan Bator LCL TO CIS ft EASTERN EUROPE Wffii CONTAINER $MpK TO NORTH/WIST AFRICA VESSEL SIN OKR Ned Africa V.2314 13/9 13/10 Bunga Pelangi V.2324
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    • 1299 32 I NORASIA 1 LHA I NORASM KCI 9435-3 06/09 20/09 29/09 20/09 27/09 24/09 25/09 20/60 2i/60 I NORASM MUBARAK 9435-3 09/09 30/09 04/10 09/10 00/10 09/10 06/10 07/10 05/10 16/10 I NORASM Al MANSOODAH 9436-3 16/09 05/10 09/10 10/10 13/10 14/10 11/10 12/10 10/10 IVIO I SI HBU. 437W
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  • Page 33 Advertisements
    • 1383 33 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 w NEW QfIIHIA PACIFIC LINK f=7 ElSttUlallS&layW jgWay l: <A SCTVK* of CHINA havwatiom CO) I Oj CARGO DUE SM.S f"■' 1 1 'f i Jut STRAITS VENTURE ¥24£ Mtura. Lab «06
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    • 2608 33 PXtQ Containers P4 (Maw** Agencies) Pie Ltd ■KM 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0908 pSJi Wv First Class Connections WORLDWIDE «•»«> 'JmmSt PNOCSP *F" 20 at m VEB6EL VOT -MM -K« MM SOU AMT NOT NAM OOT BRE l*N K ALGCOWAS Jf* T "OT HAM BRE SOU
      2,608 words
    • 34 33 0 ORIENTAL LINES [INDIAN OCEAN SERVICE CONTAINER/BREAKBULKI ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MAHE MOMBASA M.V. ORIENTAL 03 19/9 26/9 28/9 Agent*: g, Inchcape Shipping Services W= Bookings: *****54/*****98 Fax No: *****88
      34 words

  • Page 34 Advertisements
    • 561 34 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE i HO tm MIWI CITY TAfIM MAhBftKW/BWKT 1 anas* I > TO VIETNAM/HCMC CO«TAIN§a*BaPBW" CENTER-POINT whb Z7 UNE Si, j i L ASSIST MARINE (&J TEL: *****87/*****19' JwTlwflW HANDPHONE: *****07 V f /W»l BUDK CONTACT! AW WAN
      561 words
    • 1036 34 I (?)HANJIN SHIPPING] BOOKING TEL:- *****35-237 2JH£2nS ?*****1"j7S I SALES TEL:- *****30-233 TEL. *****71-275 I FW YV SJN LIC HAUL S£A YV* POI SjJ?n himhi M» 9/9 IMAIMIMH 045t 13/10 14/10 15/10 I S5 WBS il/I SEc? a 6/ i/io »/io 155 fiss is is s;s i/SfSffow S/iiS/nSiil I MSSitir
      1,036 words
    • 1241 34 jKMMjn J-1 eT-T3"=H"IKI I« >« M lit M OSIR' SM TTO LU CHS BAI NTC LHV MB B« W IK W) C* f« SGP W EOMBMOSC 0/9 7/9 12 9 14/9 li t 19/9 9 21/9 22/9 23/9 24/9 5/1# I*/It 21 10 21/10 11/10 1/11 2/11 I'll 4/11 14/11
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  • Page 35 Advertisements
    • 2006 35 U II sex: 'KASUGA I 37E f eta sgp 07/09/94 II II arriving LOS ANGELES 24/09/94 in 16 days HI H II AEX: 'HAKONE MARU 17E' ETA SGP 07/09/94 II II ARRIVING NEW YORK 01/10/94 IN 23 DAYS HI VESSEL VOY "*fBy"T" LOS I OAK 1 VAN" SET 4TL Tcc,
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    • 942 35 A I MULTILINE SHIPPING PTE LTD mm (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 >±=X BOOKINGS: *****64, *****51, *****31, *****13 > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Afrv /A BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****57 INVENTORY:
      942 words

  • Page 36 Advertisements
    • 1233 36 "0 V v 44 ft AS AGENTS "I" UNI (SMGAfOM) FTC LTD IC^*l7^<) K- TEL: *****77 TELEX: KAWAKI R*****5 FAX. 323Z21 binoiy I MALAVSIA: TTL L s" *20 JB *****01 PGU 25.8625,6 I P.T. SAMNA tAUT IIfTHWUSA, E- t«,^ wn*?rJ?/? j J" j$ SSSffrSK. 2/M J/!» In Jmt S6B a/
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    • 1144 36 ©^^/rPPENSHI^^^^ HAMBURG UV 5 CONVENTIONAL t INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST J ttSSaS LOAON6 POUTS DBCHMtGE/IQMXNG FOR J XIWKAII I ANTW 03/8 IN POUT CAMNMAM fWtCItl VENTSPILS 06/06 HAM 06/06 ANT* 13/06 P OUOANO 11/0# SPOHC 16/06 OOtWC RIGA 16/ M KLAIPtOA 24/06 HAM
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  • Page 37 Advertisements
    • 883 37 af|||| PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I ml SflHf CB NO 1008Q*****0f VESSEL VOY SIN CMS JIB HOO JED AOJ A DC PZU ASA MSW i KOTAWUAYA WJA4SS 6/9 12/9 19/9 1/10 21/t 23/0 23/9 29/9 KOTA BERLIAN BRL2IP 1879 23/9 30/9
      883 words
    • 950 37 ksseis vot f s« umm hambubg ihamis hoihupam mimw Vtll t* TUCANA UO6N 00/09 M/ 09 02/10 03/10 04/10 04/10 VULE DC LHtA 105W 11/ M OS/10 07/10 0«/10 09/10 11/10 VILE M CMM COSW 20/09 12/10 13/10 15/10 It/10 U/10 VKU Ot SAGtm SOW 2M2—i IVl° ?0/10 22/10 23/10
      950 words
    • 547 37 BSA 11 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yanfon (Rangoon) Spore P.KIf Pen P.Gdf SAGAING V36W IN PORT HP* AN ¥204* IN PORT 07/01 Stp MYOMAYWA VIS3W 07/09 Sep 11/13 S«p PAGAN V2I3W 15/17 Sep MALAYSIA AGENTS BOUSTEAO SrtPPWG AGENCCS All TU 03 *****00 PHI TEL 03-*****67
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  • Page 40 Advertisements
    • 2062 40 'KgC 16 NEW SERVICE 1 FORTNIGHTLY I p2.-J. TO -p I NEW ZEALAND! I TO Tel (General): *****00 Sales/Booking: Agency Dept: ncon Oaeration Container- *****15 i°£l!L S XI? J!l oa Fax (General): *****66 Container: *****41/844 Container S« B/L *****02 Operation Conta^^ui/n S3SF 6 eas- 1 8 h asttF^ GST NO:
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    • 1516 40 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUWD PHI PfN IOH SH MKG K*o TAI KK *0* ™T *0 6 °S* MOi WAN HM ?0? NO/1 oFToi 03 OS (ft Of 0/07 09 11/09 UtW 14/09 15/01 20/09 21/09 22 09 21/09 NKOSIA NC3O (ft 09 0/.09 09 09 11 12.09 16 09
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  • Page 41 Advertisements
    • 655 41 (j£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 12/9 ROTTERDAM 12/9 AARHUS/COPENHAGEN 12/9 HAMBURG/BREMEN 12/9 MARSEILLE/FRANCE 13/9 FELIXSTOWE/UK 12/9 BARCELONA/SPAIN 12/9 LEHAVRE/FRANCE 13/9 GENOA/ITALY 12/9 ANTWERP/BELGIUM 12/9 LOS ANGELES/WC/IPI 08/9 SYDNEY/MELBOURNE 08/9 NEW YORK/EC 08/9 FREMANTLE/ADELAIDE 08/9 VANCOUVER 09/9
      655 words
    • 925 41 0Y MM I J»T I I 1 WAHA BHUM M L*_ J5_?L _$§L _!M_ 1 INTRA BHUM 03W Tw tn Pi T»hi S/t H|| VESSEL VOY SN BKK lBR BHUM Mow 13/ S DCJA BHUM «M 5 Fri %f% SI 10/t k| YANTRA BHUM sow Tw In _l£» 1/1 1
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    • 213 41 j In.. IBHH co. BAWGKOK/LAEM CHABAWG LAOSj 10/9 (SAT), 13/9 (TIE) POUT KELANG/PEHAHG 1/9 (THU). 9/9 (FB) HOW 6 KONG 9/9 (FW), 13/9 (TIE) MMWa 10/9 (SAT) MANLA/Crai/SUBC BAY 13/9 (TUE) HO CH MMN 9/9 (FW) SURABAYA 11/9 (SUM) ■am 11/9 (suw) D PONGNAMA LINE| una n 11 w k
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    • 556 41 g^^mcHntuHMßwnSSciK TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E JflL Amm AIBMASASA ft \jy. j mpmq mfi (National Lines <A Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmwl Voy ETA Loading Foe Abbay Wonz 41WB 07/11 Mombasa. D|ibouti Assab Massawa Abb ay Woru 42W8 15/12
      556 words

  • Page 42 Advertisements
    • 1352 42 Vw dT is. -rT > jfi. ■RKSA irujin *yrf». 1 1 1 ?2 »V?" kf7 tSHfI flM'lSEfH'j' p MftAWQ»(W||Wiy7 JWMww gqiWWi ili{f HKG/TWW/BKKI GENOA/EUROPE I ft" FKI SIN SSNUNtt/NCEK .J,, 7/9 8/9 9/9 HKG/BKK/KEE/KHH /B c^!JE, !SL I/g 7/9 8/9 9/9 10/9 11/9 HK6/BKK/KEE/KHH G'buri/C'haiw/S'hofcn/Oslo 6/9 .1/9 .2/9 .3/9 HKfi/BKK/KEE/KHH
      1,352 words
    • 195 42 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD in eh n» sras Nil HUMS Ft NAM M MX 21/9 l(MdM| toe M* DIMM HMMI IS/9 iMdwf tot Mmi DOUW 15 9 12/9 lMdm( for HUtk foot supreme 2«/ i LoJdm| Ftt M* mskbh i«/i La«kn( F« kkk NOOKS UKITT
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    • 861 42 f JUL thong soon UNES PTE ltd t I 78 SHENTON WAY #10-01, SHGATORE 0207 I I V/ TEL: 227-5082 FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** ENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK SINGAPORETOTMA?LAND *ssa mls PORE Eg? kssei m Istwe \w*m EQUATOR 111 135/4E 06
      861 words




  • Page 46 Advertisements
    • 433 46 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N .iir. i STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE vessel I voy si PKi VESsa I voy I sx pen XOII MYA *****N 06/9/94 (HI) OS/9/94 (THU) MCC CONVEYOR 9441 07/9/94 (WED) 09/9/94 (FW) MCC CONVEYOR 9441 07/9/94 (WED)
      433 words
  • Page 46 Miscellaneous
    • 430 46 TODAY'S TIDES (M»t in metres) C. HOUR OOOO 0100 0200 0300 0400 0500 MOO 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 230O II 3.0 2.t 1.9 12 0.7 0.4 0.3 0.5 0.9 IS 2.3 2.7 2.7 2.5 2.1 1.4 0.9 OS
      430 words

  • Page 47 Advertisements
    • 946 47 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 .[Tnt [nt* pgd* Kssas voT~| sm I rtm I ant* I lew I ham bkx feTI WW 09/09 10/09 H. COMMANDER 311N 12/09 30/09 02/10 03/10 02/10 02/10 04/10 14/09 16/09 17/09 SI 312W 19/09 07/10 09/10 10/10 09/10
      946 words
    • 454 47 mm STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IRROUAD VESSELS VESSEL VO( V N MC U MM IT ORANGE MOON 18/1 11/1 («TN) M/l (■«> OH NT UU I 12/9 14/1 EPOCH AO J M J/1 SEW AKEISH 17 14/9 11/1 OUTBOUND VESSELS SP PX/KLAWAN SLD MV. EPOCH
      454 words
    • 1020 47 I OESSQ Ivor ISWETA/P I LAX OAK ICH PAL IHM/COL IHOU MTC |M 1 I MACWNAC BWDGE 7H 99/99 25/09 27/99 29/09 29/09 29/99 39/19 30/99 91/11 I ALLISATOB TRMffH 57A 15/09 02/10 04/10 05/10 09/10 09/19 07/10 07/10 01/10 >1 GEORGE WASWNGTON BRPGE IIA 22/01 09/10 11/10 12/10 13/10
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