The Business Times, 14 June 1995

Microfilm: NL19993
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday June 14 1995 85*
    12 words
  • Article
    Lock icon Dow up 26.29 points on lower inflation data
    109 1 Bloomberg Business News NEW YORK US stocks rose yesterday after reports of slower inflation spurred optimism that interest rates will fall further this year and help the economy to regain ground. The Dow Jones Industrial Average rose 26.29 points to 4,479.67 just
    Bloomberg Business News  -  109 words
  • Article
    Untitled
    160 1 Stock Mrfcct Indicts TioAijr Change STII 2,138.23 -2.49 KLSEComp 1,038.99 -3.69 Nikkei 14,599.68 -213.78 Hans Seng 9,103.17 -18.28 SETlnde* 1,372.00 -3.02 Jakiuta COmp ........487.48 +0.17 Manila Comp 2,809.27 -22.9 Taipei WPI 5.513.7 -107.24 Seoul Comp 887.35 +2.95 Bombay BSE30 .3,300.18 -18.36 CLSA China B 792.03 +0.05 Aust All Ord 1,978.9
    160 words
  • Article, Illustration
    Lock icon Nikkei sinks further as fear of govt policy impotence grows
    402 1  -  From Anthony Rowley in TOKYO TOKYO stock prices continued their downward spiral yesterday as Prime Minister Tomiichi Murayama's government sought to allay mounting fears that official policy has become impotent in the face of a threatened financial crisis and of
    Source: Bloomberg  -  402 words
  • Article
    Regional markets stay in the doldrums
    153 1 SINGAPORE Wall Street's overnight rebound failed to bolster sentiment in regional markets yesterday. Observers said the continued collapse in the Tokyo market unnerved foreign funds, many of which kept to the sidelines pending a clearer picture on the health of the US economy. In
    153 words
  • Article, Illustration
    Lock icon Interest rate advantage boosts ringgit
    508 1  -  From Ho Kay Tat in KUALA LUMPUR THE Malaysian ringgit gained more ground against the greenback and the Singapore dollar yesterday as currency investors continued to buy the ringgit because of its attractive interest rates, foreign exchange dealers said. A wide 4.5-percentage point gap between
    Source: Bloomberg  -  508 words
  • Article
    Chairman of Thai listed firm Unicord shoots himself dead
    446 1  -  Suicide comes amid pressure over huge debts From Loh Hui Yin in BANGKOK DUMRI Kornanthakiat, the former high-flying deal-maker who bought US tuna manufacturer Bumble Bee for megabucks in the late 1980s, shot himself dead in his office yesterday. His wife
    446 words
  • Article, Illustration
    DBS Securities' MD and ex-staff suspended, fined
    616 1  -  By Amy Balan SINGAPORE In one of the harshest punishments meted out in recent years, the Stock Exchange of Singapore (SES) has suspended and fined two senior stockbrokers for backdating share contracts. Georgie Lee, a former chief dealer with DBS Securities and now
    616 words
  • Article
    Lock icon News Corp ties up with People's Daily
    131 1 Reuter BEIJING China's Communist Party paper the People's Daily and Rupert Murdoch's global media group News Corp have formed a major information technology joint venture in the Chinese capital. Beijing PDN Xinren Information Technology Co, a 20year, US$5.4 million (557.5 million) joint venture,
    Reuter  -  131 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Loans grow 17% to $98.4b
        279 2  -  By Shiv Taneja TOTAL loans and advances to non-bank customers grew 17.27 per cent year on year in April to $98.4 billion. The latest figures from the Monetary Authority of Singapore show loans to professionals and private individuals hit $14.5 billion, up from $14.4 billion
        Source: MAS  -  279 words
    • Article, Illustration
      PM talks about his sense of outrage
      670 2  -  The IHT defamation suit Article attacked the twin pillars of Singapore society meritocracy and integrity of the government: Mr Goh Reports by Ramesh Divyanathan PRIME Minister Goh Chok Tong yesterday told the High Court that he "felt a deep sense of outrage" on
      670 words
    • Article, Illustration
      PM sees link between Bowring's removal from FEER and his problems with S'pore
      366 2 PRIME MINISTER Goh Chok Tong said yesterday he had reasons to believe that the removal of Philip Bowring as editor of the Far Eastern Economic Review was "partly if not totally connected with the problems that he
      366 words
    • Article
      July COE prices down for most categories
      447 2  -  Potential buyers back off after three months of rises By Ven Sreenivasan CERTIFICATE of Entitlement prices in most categories fell in July, according to auction results released yesterday. The fall comes after three months of rises which sent potential car buyers scuttling away
      447 words
    • Article
      More caught hiring illegal immigrants
      142 2 THE number of convictions for hiring illegal immigrants rose from 53 in 1993 to 93 last year, according to latest figures from the Singapore Immigration Department. Two employers were caned as well as being jailed for hiring illegal immigrants last year. One was sentenced to
      142 words
    • Article
      Aussie distributor sees good prospects
      72 2 AUSTRALIA'S largest electrical products distributor, Ringgrip, expects its first Asian office in Singapore to generate turnover of more than $5 million over the next three years. The company said it made its forecast on the basis that the electrical business in Singapore has not been
      72 words
    • Article
      Queensland tourism investment seminar
      56 2 THE Singapore Tourist Promotion Board is supporting a Queensland tourism investment seminar for senior executives, which will be held on June 22 at the Shangri-La Hotel. Organised by the Queensland government, the seminar, held here for the first time, aims to provide the latest information on
      56 words
    • Article
      NTUC to launch recruitment drive
      47 2 THE National Trades Union Congress will launch its membership recruitment drive on June 25 to coincide with NTUC Membership Day celebrations. The guest of honour will be Othman Haron Eusofe, deputy secretary-general of NTUC and member of parliament for Marine Parade GRC.
      47 words
    • Article
      Royal Brothers not buying Meridien complex
      368 2  -  By Conrad Raj THE Royal Brothers group has decided against buying the Meridien Hotel and Shopping Centre at Orchard Road after weeks of negotiations. Ashok and Raj Kumar, the brothers who control the group, were believed to be close to buying the hotel owned
      368 words
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      194 2 BOSS elements THE JOYS OF SUMMER AT THE GINGA Summer the season of JUNE'S SUMMER SPECIAL bountiful harvests and beautiful A ShioyaKi (Seasonal Fish grilled with Salt) flowers in full bloom, is always ingen Mimono (Simmered Qreen Beans) a joyous sight to behold. Kyuri Sunomono (Vlnegared Cucumber) riasu Dengaku (Eggplant
      194 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Extending land leases in Batam not costly
      548 3  -  It costs less than 1 psf to add 20 years to a residential land lease By Jenny Lam SINGAPORE Extending existing 30-year land leases to 80 years under a new resolution passed by authorities in Batam will incur only marginal costs, according to
      548 words
    • Article
      Lock icon Japan to sell Indonesia as top business centre
      150 3 Bernama JAKARTA Japanese Ambassador to Indonesia Taizo Watanabe said here yesterday that his government will make Indonesia the second biggest centre for Japanese businessmen after the United States. Speaking to Antara news agency officials, the ambassador said Indonesia meets the requirements to
      Bernama  -  150 words
    • Article
      Lock icon M$15b Bakun dam: Ekran naming foreign partners tomorrow
      334 3 AFP, Knight-Ridder KUALA LUMPUR Twelve international consortia are in the final running for a lucrative deal to help build a giant Malaysian dam, the project's top local contractor was reported saying yesterday. The Bakun hydro-electric dam, to cost Msl3 billion (SsB.6 billion),
      AFP,; Knight-Ridder  -  334 words
    • Article
      Lock icon Ramos looking into putting a crescent on Philippine flag
      325 3 AP MANILA In a bid to placate the country's Muslim minority, President Fidel Ramos has ordered a study on whether to include the crescent moon in the Philippine flag. But the plan immediately drew fire from the opposition and media in
      AP  -  325 words
    • Article
      Lock icon Hanoi rejects US Congress terms for normalising ties
      219 3 Reuter HANOI Vietnam yesterday rejected conditions set by the US Congress for establishing normal relations between the two countries. Reacting to conditions in legislation passed last week by the US House of Representatives, the Foreign Ministry said normalisation had to be based
      Reuter  -  219 words
    • Article
      Nine MNCs to set up regional headquarters in Philippines
      491 4  -  From Al Labita in MANILA NINE multinationals are setting up regional headquarters in the Philippines to cash in on the country's business-friendly policies, officials said yesterday. One of them is Germany's Eurocopter Group, which is relocating its Asia-Pacific base from Singapore
      491 words
    • Article
      Thai military vows to remain neutral in July poll
      371 4 BANGKOK Thailand's military, which dominated politics here until as recently as three years ago, vows to maintain neutrality in the July 2 general election. "The military respects the judgement of the Tliai people... we can accept whoever the people vote for,"
      371 words
    • Article
      Lock icon Jakarta to review issue of permits for public gatherings
      279 4 AFP JAKARTA The Indonesian government is seeking new, clearer rules for the issuance of much-criticised permits for public gatherings, press reports here said yesterday. "We have instructed that the problem of permit-issu-ing... be reviewed," said Susilo Sudarman, coordinating minister of political
      AFP  -  279 words
    • Article
      Lock icon Thai cabinet approves rail spending
      83 4 Reuter BANGKOK Thailand's cabinet yesterday endorsed a proposal to spend 40.8 billion baht (552.3 billion) in government funds to build an electric railway in Bangkok, a government spokesman said. The electric train system is one of three mass transit projects planned for the traffic-clogged Thai
      Reuter  -  83 words
    • Article
      Lock icon Ramos rejects vigilante justice
      95 4 AFP MANILA Philippine President Fidel Ramos said yesterday he would "never allow" the use of vigilantes and summary executions to resolve crimes and administer justice. "I am saddened by some popular suggestions that we have to disregard the law and condone vigilantes and summary executions, because
      AFP  -  95 words
    • Article
      Lock icon Indonesia for oil investment abroad
      93 4 AFP JAKARTA Indonesia should invest in the search for oil reserves in other countries to guarantee a stable national energy supply, officials said yesterday. "The search for new oil fields should not only be limited to inside the country but also through investment abroad," said
      AFP  -  93 words
    • Article
      Lock icon Historic Manila Hotel to be privatised
      118 4 AFP MANILA The official Committee on Privatisation said here yesterday that it has approved a new scheme to privatise at least 80 per cent of the historic Manila Hotel, after a previous attempt this year failed. It said that 30-51 per cent of the
      AFP  -  118 words
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      Page 3 Advertisements Column 1
      63 3 Investment Opportunity SENIOR CITIZENS ESTATE SYDNEY AUSTRALIA 130 DWELLINGS DA APPROVED POTENTIAL 100% TAX DEDUCTABIUTY s FOR LAND AND ACQUISITION COST landers Close 29 June 4pm n Contact Jim Williams or David Ling, 2 45 46th Floors, Shell Tower, 50 Raffles Place, Singapore 0104. js Ph: (65) 220 3888 Fax:
      63 words
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      Page 3 Advertisements Column 2
      256 3 We Took The Most Sophisticated Dynamics Of Ride And Handling v,. V, ;2fc. J V diK brake, w/14 I And Put Them Into Perfect English. V 1 iS- J"" -'J- r -V "V-J -*>■ -W-i Xfc-." Jfl fc t Jfa tb*. .-y. f' J j? J® w i > v
      256 words
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      192 4 Unfortunately, This Is What Most Secretaries See When They Type. v?'. •> j. 1? a► —>, 53 j How -hn q<=*£» \atVi^t" vnu 1 trp* *inQt" i"vnp^ Presenting Brother View Mode Typewriters. Now, you can see what you've just typed. AX 625: 80 ®AX 325: rL character LCD Bk Auto
      192 words
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      103 4 UNIVERSITY OF MASlPOFWB»csaomwstiatioii Macarthur MBA (International Bntlncu) STRUCTURE 18-month programme •3 Designed for a better appreciation of international operations 4 Conducted by the University's {acuity, complemented by local academics SwiSs® •"Executive Training Series" workshops to enhance participants' Efessional image RNATIONAL FOCUS la bus covers political, cultural and socio-economic aspect! in
      103 words
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      118 5 Millenia I i i I» 8 m it s*•<T>% t-^'lft l»iii'9HH i!!; mgjM)m3 a tilll a f f j_ fl 8 J* HHHiHiHH^HI^IHI^H^HH^^H^HMHIiIHII^Hi |M fl<9*""!agl*!!" S free OFFICE SPACE ON jgiijSß*** 11 11 I®" your COHMNY. Oft your horizons. |l f PRIME OFFICE SPACE TO LEASE AT j 2 1
      118 words
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  • CHINA/HONGKONG /TAIWAN
    • Article
      Lock icon China inflation expected to fall below 5% by 2000
      541 6 Country's inflation rate has peaked, says economist Reuter, Bloomberg Business News SHANGHAI China's inflation has peaked and will fall below 5 per cent by the year 2000, one of Shanghai's top economists said yesterday. Song Chengxian, 74, a veteran professor at
      Reuter,; Bloomberg Business News  -  541 words
    • Article, Illustration
      Lock icon Beijing praises accord on HK's court of final appeal
      425 6 AP BEIJING China suggested yesterday that the long-awaited agreement with Britain on a court of final appeal for Hongkong could lay the groundwork for better cooperation between Beijing and London. "The agreement... was the product of the joint efforts of both
      AP  -  425 words
    • Article, Illustration
      Lock icon The air that they breathe
      56 6 AFP JIEXIU, China A pall hung over Jienxin, in Shanxi province, as black smoke escaped from giant chimneys at an open-top coking plant on May in this northern Chinese province is 1.5 times higher thanthe national average. China itself >>*« one of the highest levels
      AFP  -  56 words
    • Article
      Lock icon Taiwan says Chinese trade threats will have little impact
      353 6 Reuter TAIPEI Fears over China's threat erf" a tragedy for Taiwan's economy following President Lee Teng-hui's US trip are overblown, officials and economists said. An official in the Mainland Affairs Council, the island's top policymaking body toward China, said China's threat
      Reuter  -  353 words
    • Article, Illustration
      Lock icon Parents upset by China ruling on international school students
      332 6 UPI BEIJING Distraught parents and foreign business leaders intend to draw up an "action plan" responding to the government's barring of Hongkong and Taiwanese students from the capital's most prestigious international school, its director said yesterday. David Eaton, director of the
      UPI; Reuter  -  332 words
    • Article
      Lock icon Beijing allows more mainlanders to settle in HK before 1997
      405 7 AFP HONGKONG China has agreed to allow more mainland Chinese with relatives in Hongkong to reside in the territory before the handover in 1997, it was disclosed yesterday. Hongkong security branch officials told legislators at a briefing here that China
      AFP  -  405 words
    • Article
      Lock icon China blasts US vote on asylum to one-child policy victims
      256 7 Endorsement of envoy to Tibet exile govt also condemned AFP BEIJING China yesterday strongly condemned a US House of Representatives vote to give asylum to Chinese victims of thie country's one-child policy and to name an ambassador to the Tibetan
      AFP  -  256 words
    • Article
      Lock icon Joining WTO will cost Taiwan 220,000 jobs, says report
      205 7 AFP TAIPEI Taiwan's entry into the World Trade Organisation (WTO) would cost the island 220,000 jobs, the Council of Labour Affairs said yesterday. In an evaluation report on labour conditions here after Taiwan joins the world trade body, the council said
      AFP  -  205 words
    • Article
      Lock icon Guidelines for sacking corrupt officials
      118 7 AFP BEIJING In a new move aimed at curbing rampant corruption, the Chinese government is to issue a regulation setting out detailed guidelines for the dismissal of tainted officials, the China Daily said yesterday. The regulation clearly defines conditions and procedures for dismissals and resignations
      AFP  -  118 words
    • Article, Illustration
      Lock icon 3rd fatal shark attack in HK in 2 weeks
      63 7 Reuter HONGKONG Rescuers carrying the body of a woman who was killed when a shark attacked her yesterday. It was the territory's third fatal shark attack in two weeks. The 45-year-old woman, who had gone for a morning swim, was pulled
      Reuter  -  63 words
    • Article
      Lock icon Japan told to learn war lessons
      130 7 AFP BEIJING China yesterday called on Japan to learn the lessons from its militarist past to ensure its peaceful development, warning of the danger of continuing to distort the truth. Many Japanese leaders, like most citizens, wish to use the 50th anniversary of the
      AFP  -  130 words
    • Article
      Lock icon 60% of HK fund managers to stay put
      105 7 Bloomberg Business News HONGKONG Sixty per cent of fund managers based in Hongkong say they will not move out of the territory for the next three years, according to a survey by the Hongkong Investment Funds Association. Three per cent of the
      Bloomberg Business News  -  105 words
    • Article
      Lock icon US$14.5b spent in leasing in 15 years
      98 7 Reuter SHANGHAI China has used US$l4.5 billion (5520.2 billion) for financial leasing over the past 15 years, accounting for 8 per cent of total overseas investment in the period, the Business News said. Leasing has become the third most important way for China
      Reuter  -  98 words
    • Article
      Lock icon Import tax cut on mini-buses, videos
      114 7 AFP BEIJING China is to reduce import tariffs on mini-buses and video cassettes from July 1, the press reported yesterday. The tax on mini-buses with 10 to 29 seats will fall from 180 per cent to 100 per cent, under a decree published on
      AFP  -  114 words
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      Page 6 Advertisements Column 1
      631 6 I Now! Discover art with a difference on the 4th floor, m B Orchard Point. Here, you'll find 1 I porcelain, collector's pieces, quaint sculptures, jxiinHngs j I B by renowned artists and even home decor ideas. Or, wander into the Exhibition Hall and simply explore BBHfIBHH Piscove-K. Tne- "fine-*.
      631 words
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      Page 6 Advertisements Column 2
      560 6 NOTICE IS HEREBY GIVEN that the 31st Annual General Meeting of the Company will be held at the Oriental Ballroom 2 (Level 1), The Onenul, Singapore, 5 Raffles Avenue, Marina Square, Singapore 0103 on Tuesday, 27 June 1995 at 10 00 am for the following purposes:1. To receive and adopt
      560 words
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      70 7 mmxMon If you want to air freight goods up to 25kg door-to-door anywhere in Asia for $145, North Am er i< a /Kurope for $195 or anywhere else for $245, all you have to do is put them in a DHL Jumbo Box and phone DHL on 1800 285 8888.
      70 words
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  • ASIA
    • Article
      Lock icon Tokyo economic plan to put more stress on market forces
      386 8 Knight-Ridder TOKYO The Japanese government will call for further stress to be placed on market forces in the mid-term economic plan which will be announced later, the Economic Planning Agency announced yesterday in its interim report on the plan. The
      Knight-Ridder  -  386 words
    • Article
      Lock icon Japan PM wins no-confidence vote
      294 8 But motion dents his image on eve of G-7 summit AP TOKYO Japanese Prime Minister Tomiichi Murayama easily survived a no-confidence vote yesterday, but the parliamentary challenge was a major embarrassment on the eve of his departure for the Group of Seven summit. Lawmakers applauded
      AP  -  294 words
    • Article
      Lock icon Falling Aussie jobless rate set to spark inflation: economists
      402 8 Reuter CANBERRA Australia is moving towards an inflation danger zone as unemployment plummets towards a rate where economists expect skills shortages to spark wage-push price rises. Economists disagree on exactly where that inflationary threshold for unemployment lies but almost all say
      Reuter  -  402 words
    • Article
      Lock icon Japan plans to woo foreign investment
      94 8 AFP TOKYO A Japanese government council yesterday published policy guidelines aiming to boost foreign investment in Japan, which is only one-tenth of Japan's overseas investment. The statement, adopted at a meeting of the Japan Investment Council chaired by Prime Minister Tomiichi Murayama, reaffirmed Tokyo's
      AFP  -  94 words
    • Article
      Lock icon Pakistan foils to achieve growth target
      84 8 AFP KARACHI Pakistan's economy recorded an estimated 4.7 per cent growth during the outgoing 1994-95 fiscal year but failed to achieve its target of 6.5 per cent, according to a government report released yesterday. The country's gross domestic product and balance of payments improved
      AFP  -  84 words
    • Article
      Lock icon Japanese bankruptcies up 0.1% in May
      87 8 Bloomberg Business News TOKYO Japanese bankruptcies rose 0.1 per cent to 1,194 cases in May compared with the same period last year, according to Tokyo Shoko Research, a private research institute. Total debts of those bankruptcies dropped 13.9 per cent on the year to
      Bloomberg Business News  -  87 words
    • Article
      Lock icon ABC to join news-gathering alliance
      57 8 AFP SYDNEY Australian Broadcasting Corp (ABC), the national television and radio broadcaster, announced yesterday it had agreed to join an international news-gathering alliance. The state-funded ABC said it would cooperate with the British Broadcasting Corp and the Canadian Broadcasting Corp in foreign news assignments, coverage
      AFP  -  57 words
    • Article, Illustration
      Lock icon S Korea backs reactor deal after US assurance
      286 8 Reuter SEOUL South Korea said yesterday it would support a UjS-North Korean accord on restructuring Pyongyang's nuclear programme after US President Bill Clinton assured President Kim Young Sam that Seoul would play a central role in the project. Mr Clinton sent a
      Reuter  -  286 words
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      288 8 Focus on the G-7 summit, Pg 9 Cut office queues with the HP LaserJet 5P for small Yea! I intend to buy an HP LaserJet 5P or SMP Please have a J Yes! I intend to buy an HP LaserJet 5P or SMP Please have a I I sales representative
      288 words
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  • WORLD FOCUS
    • Article, Illustration
      Halifax will show up weak US leadership
      1026 9  -  The G-7 summit From Leon Hadar in WASHINGTON ONE WAY to analyse the somewhat ineffectual role expected of the United States in the upcoming summit of the seven largest industrial nations is to try to compare it to the way another American administration
      1,026 words
    • Article
      Japanese delegates fasten seatbelts for bumpy ride
      527 9  -  From Anthony Rowley in TOKYO AS VIEWED from Japan, the prospects of this year's Group of Seven summit meeting yielding results satisfying to all or even most participants are decidedly not good. The meeting is being held in an environment soured by clashes
      527 words
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      275 9 affordable new workgroups. -a l» r the HP LaserJet SP, small workgroups can 1 I the high quality laser printing that's normally available ISI I to bigger groups with large budgets. ;Jf II W Youll have true 600X600 dpi, with HP's Resolution 9m a Enhancement technology (REt), microfine toner and
      275 words
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      152 10 An ingenious my to lift your profits 0 fl m A WW fnl i&as&fe*' v. r ,>B£"i ,i y «^f t _j£r-. V f yfflßK nc The Heeren every retailer dreams of. grabbing fnmtagee. Guaranteed internal visibility facing prime mall space. No eeoonriaryaaiaiara where uneeen retailers languiah. Conetant aUiritiee in
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  • SPORTS
    • Article, Illustration
      Lock icon Checking out a walrus
      52 11 AFP HARDERWIJK, Netherlands Dutch checkers player Ton Sijbrands waiting patiently for his walrus partner to resume the game, which they both played in the Dolfinarium in the Dutch town of Harderwijk yesterday. This unusual game was held to promote the opening of the "Maars World Checkers"
      AFP  -  52 words
    • Article
      Lock icon England's cricket team continues to disappoint
      301 11 AP LONDON It's become an all too familiar tune that English cricket followers have sung over the last decade. After the latest humiliating defeat, they were singing it again: "When is something going to be done?" Months of soul searching and new aggressive policies
      AP  -  301 words
    • Article, Illustration
      Lock icon Floyd returns to scene of his victory
      781 11 Golf US Open NYT SOUTHAMPTON, New York Nine years have passed since he mastered this place, since he alone popped out of the great knot of golfers who were trying to win the US Open that Sunday in 1986. Nearly a decade has
      NYT  -  781 words
    • Article
      Lock icon Corporate hospitality tents fit for a king
      687 11 NYT SOUTHAMPTON, New York They are the corporate hospitality tents of the US Open Championship spacious, chandeliered, air-conditioned, catered, astroturfed encampments upon the course of the Shinnecock Hills Golf Gub. There are three encampments here, each with a name like a Florida retirement
      NYT  -  687 words
    • Article
      Lock icon Month-long event fails to cheer South African business
      452 11 Rugby World Cup UPI JOHANNESBURG South Africa's hotels, car rental firms and airlines are disappointed that their country's hosting of the Rugby World Cup has failed to generate as much business as expected. The Business Day newspaper reported on Monday that companies
      UPI  -  452 words
    • Article
      Lock icon Rockets mirror the image of their coach Rudy
      402 11 NBA Finals AP HOUSTON Around Houston, and now across the United States, he's just Rudy. No last name needed for this unassuming, regular guy who had to be coaxed into becoming a National Basketball Association coach. If ever a team reflected the
      AP  -  402 words
    • Article, Illustration
      Lock icon Athletics
      189 11 Reuter LONDON Britain's world and Olympic sprint champion Linford Christie said on Monday he would quit athletics at the end of this season because of media harassment and not defend his Olympic 100 metres title in Atlanta in 19%. The 35-year-old sprinter complained he was being driven away from
      Reuter  -  189 words
    • Article, Illustration
      Lock icon Basketball
      166 11 AP DALLAS NBA owners are threatening to impose a player lockout immediately after the NBA Finals if no collective bargaining agreement is reached by then, the Dallas Morning Sews said in Monday's editions. That would mean a lockout could come as early as Thursday because the Houston Rockets have
      AP  -  166 words
    • Article, Illustration
      Lock icon Golf
      234 11 AP LONDON British bookmakers Ladbrokes can't find a strong American contender to win the US Open title this week. Mark Calcaveochia, a 20-1 shot, was the highest rated American and he was behind five others when the betting list was announced Monday. Australia's Greg Norman, who has never won
      AP  -  234 words
    • Article, Illustration
      Lock icon Olympics
      179 11 Reuter BUDAPEST At least 14 cities, including Cape Town and former losers Beijing, have already expressed an interest in hosting the 2004 Summer Olympics, the lOC said on Monday. lOC director-general Francois Carrard said the list included three French cities Paris, Lyon and Lille because French Olympic chiefs had
      Reuter  -  179 words
    • Article, Illustration
      Tennis
      60 11 ST PETERSBURG, Florid# WTA Tour mtmey leaders Monday: 1 Steffi Graf (Ger) U*****,240 2 Arantxa Sanchez Vicario (Spn) 935,482 3 Conchita Martinez (Spn) 764,824 4 Natasha Zvercva (Bela) 4%,729 5 Kimiko Date (Jpn) 442,910 6 Mary Pierce (Fra) 435,505 7 Jana Novotna (Cze) 350,033 8 Gigi Fernandez (US) 341,465
      60 words
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      170 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883' FAX: 741-1298 I Overseas Family School (OFS), with 1400 students from 52 nationalities, provides education from Kindergarten to Gr 12. It prepares students for entry to various universities in the H United States, UK, Japan etc. B A new two year College program will
      170 words
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      840 12 WHERETO WINE, DINE AND ENTERTAIN worlos largest selling beer JW. i« a lAal |j TH€ MOST fIUTHCNTIC fTRUAN PflSTfl PIZZA IN TOUJN KNOW OPEN!) lis MfTA FIKSCA »A SAIVATOtI PTI Ut^flßr M vsssi&r**™* I First Impresssion The First Impression Bottles of selected liquor entertains nightly, except are available at special
      840 words
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      Page 12 Advertisements Column 2
      383 12 ny= =-<^[51 fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin Beijing dumplings, a selection DKB7X of set menus, and leijing specialities pfflfl such as 'Beijing <Duc{, -Bafjd Tench and Marinated Lamb, fancy some nowf
      383 words
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  • LIFESTYLE
    • Article, Illustration
      Putting Asia on the network
      757 13  -  An enterprising Singapore-based film-maker tells Corinne Kerk about his plans to break into cable TV Corinne Kerk CRAIG MCLEOD pays a monthly rent of $3,000 for a 12,000 sq ft property along Chiltern Drive, has built himself a swimming pool in the huge backyard (with
      757 words
    • Article, Illustration
      Lock icon Paparazzi hot on the heels of Ross
      219 13 AP AP NOTHING is sacred to photographers pursuing singer Diana Ross who was visiting Jerusalem. She cut short her visit on Monday to the Western Wall, the only remnant of the Jewish Temple destroyed in 70 AD, because of the crush of male
      AP; Reuter  -  219 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      251 13 WHERE TO WINE, DINE AND ENTERTAIN SA2 wM iufl mk HI H H Im I I Hm Hi i MMJBBlilßliiiißyiM I j (Eairnljtll J&teafe Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 103Cfcm (Last order 10pm) I Weston Japanese Set Lunch *$1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard
      251 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      339 13 M»#at*c WW UmL lmm» <£2 Auckland 1«A» Sumy Vns)er3am 16/1 OajHi CNcogo 25/13 Baiflu* 33/24 r storm Athens 29/20 S UV* HonoSAl 34/22 _Qttidy 30/19 tor Berln 19/09 Ctaudy Houston 37/21 rmam Bctt2L™__] 36/29 Ran Bonn 19A» OajO) lm v««as 19/13 CtaOy 32/25 Showers CuiJSUiagw 20/09 CtoxJy Los AnfMM 19/14
      339 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      645 13 A compilation of dips tracing the growth of this series from !■?"> |M».f gSB cult following to hit status. 7JT>-.JRh Highlights some of the shows' many eclectic characters, be- T\ sides Mulder and Scully, and r Wj/ \A-?Pj exposes a few of its hidden sccrets and shadowy sub-plots. Adam Bede
      645 words
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  • Article
    Staying ship-shape
    514 14 THE Port of Singapore Authority (PSA), which manages one of the world's premier shipping hubs, has every reason to feel pleased with itself. Last year the authority achieved 15.4 per cent growth in group operating income to $1.68 billion, while its operating surplus increased 14.7 per cent to
    514 words
  • Article
    On demand for hot schools
    508 14 LAST AUGUST, Education Minister Lee Yock Suan said there was no need to review Phase 2B for children's admission into primary school. Admission under this phase was controversial probably still is, last week's changes notwithstanding because it gave priority to the offspring of those "connected"
    508 words
  • Article
    The Burmese connection
    119 14 THE AGREEMENT between Singapore and Myanmar to broaden their economic cooperation is an important development in bilateral relations for the two countries. For Myanmar, the agreement marks a significant step towards its reintegration into the South-east Asian community. Bilaterally, the agreement, through a high-level committee to coordinate
    119 words
  • Article
    Staying ahead
    120 14 THE EFFICIENCY and service of our port has won worldwide praise. We should, however, never be complacent. Malaysia has recently proposed a new land link with Thailand to ease shipping congestion and reduce pollution in the busy Straits of Malacca. If ships stop using the straits, there will
    120 words
  • Article
    The government's customers
    95 14 THE GOVERNMENTS role as authority and lawgiver on the one hand and as benefactor and welfare provider on the other has often led to a confusion of identities in the dispensation of its services. The application of modern management theory in pursuit of efficiency must thus first
    95 words
  • Article
    Hongkong sacrificed
    131 14 WILL THERE ever be an end to debate on the Court of Final Appeal? Not yet, unfortunately. What Governor Chris Patten described to members of the Legislative Council yesterday as a "landmark" agreement is anything but, from the standpoint of the Democratic Party and several other members of
    131 words
  • Article
    Tough luck
    111 14 TRAIN timetables are not immutable. Already, the 1997 through train has been axed. Now it is the legal gravy-train which has been hit by cuts. Some secondclass coaches have been introduced on the more popular trains. Not surprisingly, this has been greeted with a chorus of protest from
    111 words
  • Article, Illustration
    Lock icon PR triumphs over decency
    870 14  -  250,000 people died in Bosnia, says Neville Stack, but no one in the US cared until an American pilot was rescued and made a hero Neville Stack The writer is a political commentator based in London. He writes regularly for BT THE American people did not
    AFP  -  870 words
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      62 14 i v- **H -^^^BBflE^fi^Hß^^^^^EiH 5 *\JZ\ y~:\ I^Br^^ !»@BoV- H J if U4 1111H11 IB 'Ti I H ITITI I WmMm ***** fm ■L I vllllQr J PGlllll^ E^pg||?fp|pgpp^ fMnttf Hi *.T^Jv^':; f..^":>.v\ :f!•:»:^^HB the door to Fandi Ahmad's dreams. I Get tips on overcoming sleeping stress-related problems. I Cost:
      62 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      52 14 I*ik»JSM-JWWIPi mv nptoc is bristouj. i pro ft Buying w -2r-.-v CLERK fSND Sf=fcCißLl SeD SO&jecT IS TVe UFe F\WD IiPTCS or SIR ReGJNALDI POONESBURY GARRY TRUDEAU WF^Tlrti... LOOK AT VI J JMST W 7H4A*r I THCtUHPONTHG TO SAY IMOULPN7 85 UP &X&OOPS- 09KM! /*> I UTTieFUIAH! I W H&GIFmUB&TTFORTHC
      52 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Taiwan will pay the price to join WTO
      1041 15  -  Special to BT Taipei is opening its markets to win political support for formal admission into the international trading community TSAI ING-WEN TSAI ING-WEN Dr Tsai. a British and US-trained lawyer, is the Commissioner of the Fair Trade Commission of the Executive
      1,041 words
    • Article, Illustration
      Myanmar takes to diplomacy
      769 15  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's regional analysis editor Last week, a top-notch delegation from Myanmar launched a swift diplomatic swing to two Asean states. Led by Prime Minister Than Shwe, the 44-strong team comprised four ministers and a key political figure
      769 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      157 15 I I I H E CARLTON b fit y hI r:\lJ aMi*] ;H f]f Llfl^^B If the thought of a real Balinese feast is enough to make your mouth water, come to the Cartton Hotel. We'll be hosting two of Bali's premier chefs, Executive Sous Chefs A.A. Rai Purwa and
      157 words
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  • Article
    Lock icon May CPI shows slowdown keeping US inflation subdued
    488 16 Reuter WASHINGTON More evidence emerged yesterday that the slowdown in the nation's economy is keeping a lid on inflation, as the government reported that gains in consumer prices slowed to a more moderate pace last month. The Labour Department said its Consumer
    Reuter  -  488 words
  • Article
    Lock icon Weaker May US sales figures may pose stocks problem
    234 16 Reuter NEW YORK Weaker-than-expected May US retail sales mean it will be more difficult than analysts had thought for the economy to work off accumulated inventories and avert a serious economic slowdown, economists said yesterday. "If you were looking for a
    Reuter  -  234 words
  • Article, Illustration
    Lock icon Bye bye red tape
    56 16 Reuter WASHINGTON US Vice-President A 1 Gore is hidden behind 16,000 pages of federal regulations which President Bill Clinton says will be eliminated from the Code of Federal Regulations. Mr Clinton told small business leaders on Monday that the Code was being reviewed with an eye
    Reuter  -  56 words
  • Article
    Lock icon Chirac to embrace a tax he once eliminated: report
    393 16 Reuter PARIS Conservative President Jacques Chirac, who in 1986 eliminated a wealth tax that the Left later restored, is now considering increasing it, the daily Liberation newspaper said yesterday. The tax was imposed in the wake of the Socialist victory in
    Reuter  -  393 words
  • Article
    Lock icon Canadian province offers land to lure investors
    317 16 AFP OTTAWA Racked with persistent and chronic unemployment and robbed of one of its major natural sources of income, cod fishing, the Canadian province of Newfoundland is aggressively seeking new investors from Canada, Asia and elsewhere. And it is offering big bait: a
    AFP  -  317 words
  • Article
    Lock icon A grammar lesson
    99 16 Bloomberg Business News FRANKFURT Bundesbank president Hans Tietmeyer gave a lesson in the fine points of English grammar when he said German interest rates may stay put for weeks. Speaking in Basel, Switzerland, Mr Tietmeyer made sure reporters understood the difference between plural and singular when he
    Bloomberg Business News  -  99 words
  • Article
    Lock icon Latin American growth
    62 16 Bloomberg Business News WASHINGTON The Latin American economies could grow at more than a 6 per cent average annual rate in the next decade if reforms continue, the World Bank said yesterday. Following the Mexican peso crisis, regional economic and political officials "reaffirmed their commitment to continue
    Bloomberg Business News  -  62 words
  • Article, Illustration
    Lock icon Warning for Major
    75 16 Reuter LONDON British Prime Minister John Major, reeling from a broadside by predecessor Margaret Thatcher, faced warnings yesterday that infighting over Europe could trigger open warfare in his chron-ically-divided party. Members of the so-called Fresh Start group of Conservative Members of Parliament, who are bitterly opposed to
    Reuter  -  75 words
  • Article
    Lock icon Newsprint tariffs
    54 16 Reuter LUXEMBOURG European Union foreign ministers have agreed in principle to a deal to speed up elimination of tariffs on newsprint. An EU official yesterday said the deal was worth US$3 million (554.2 million)) a year to Canada. It abolishes tariffs on newsprint by 2002, two years earlier
    Reuter  -  54 words
  • Article
    Lock icon It ain't political
    73 16 AFP WASHINGTON Withdrawing US ambassador Stapleton Roy from Beijing before the appointment of a successor has no political overtones. A State Department official yesterday said Mr Roy was being removed from Beijing after his three-year term, plus a one-year extension, after completing a normal tour of duty
    AFP  -  73 words
  • Article
    Lock icon White House plays coy
    114 16 Reuter WASHINGTON The White House said President Bill Clinton thought the federal budget could be brought into balance within 10 years, but continued to play coy about if and when he would make such a proposal to Congress. Spokesman Mike McCurry said on Monday that Mr
    Reuter  -  114 words
  • Article
    Lock icon Spy satellite
    80 16 Reuter LE BOURGET, France France will produce the Helios-II spy satellite designed to give Europe independence from the US in intelligence gathering whether or not Germany shares in the project. "Definitely yes," said Colonel Bernard Molard, deputy head of the French general staffs space department, when asked at
    Reuter  -  80 words
  • Article, Illustration
    One home too many for the European parliament
    800 16  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament FOR some people, the building industry is an indicator of confidence in the future. If people, countries and institutions are confident, they build. But,
    800 words
  • Article
    Lock icon Call for regulatory action in derivatives market
    362 16 Reuter FRANKFURT Hans Georg Fabritius, deputy president of the central bank in the German state of Hesse, said banks and securities houses may need prompting by regulators to set up adequate rules for derivatives business. In a speech prepared for delivery at a
    Reuter  -  362 words
  • Article
    Lock icon Workers of the world more than ever in chains, says report
    320 16 Reuter GENEVA The workers of the world are finding it harder than ever to exercise their rights, with unions threatened by violence, intimidation and the march of naked capitalism, a global labour grouping said yesterday. In its annual report
    Reuter  -  320 words
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  • COMPANIES & MARKETS
    • Article
      China's motorcycle maker plans secondary listing in S'pore
      532 17  -  By Conrad Raj SINGAPORE China's second largest motorcycle maker, Shenzhen North Jianshe Motorcycle Company, is planning a secondary listing on the Stock Exchange of Singapore. This was disclosed on Monday, after its roadshow in Singapore for the proposed private placement of 120
      532 words
    • Article, Illustration
      Mandarin Oriental offers US$43.5m for Washington hotel
      241 17  -  By Agnes Wee SINGAPORE Mandarin Oriental International has offered U5543.5 million (5560.5 million) to buy the Park Hyatt Hotel in Washington. If the deal goes through, it will be the Hongkong-based international hotel company's first purchase of an American hotel. Mandarin Oriental, 51
      241 words
    • Article
      Fu Yu allots shares to all applicants
      340 17  -  By Quak Hiang Whai SINGAPORE All applicants for shares in plastic injection moulding maker Fu Yu Manufacturing have been allotted stock. And in line with market expectations, the company's initial public offer at 40 cents a share has received a credible subscription rate
      340 words
    • Article
      Keppel Philippines to expand power generation business
      250 17 SINGAPORE Keppel Philippines plans to expand its domestic power generation business. In the group's 1994 annual report, chairman Jose Bengzon says: "Our power generation division is actively looking at projects under the rehabilitate, operate and maintain scheme for existing power plants. We are
      250 words
    • Article
      1st Indon hostile bid highlights need for reform
      666 17  -  HOCK LOCK SIEW By Leslie Lopez JAKARTA Takeovers hardly ever take place on the Jakarta Stock Exchange, especially those of an unfriendly nature. But businessman Jopie Widjaja did just that last month, rocking Indonesia's clubby corporate culture and incurring the wrath of
      666 words
    • Article
      Share placement by Sino-S'pore venture draws good response
      461 17  -  By Teh Hooi Ling SINGAPORE Chiwan Petroleum Supply Base, the first Sino-Singapore joint venture to list B shares on the Shenzhen stock exchange, has enjoyed good response in a private placement despite the lacklustre market for the for-eigners-only share market. Chiwan's offer
      461 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        52 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. Barings. Credit Lyonnais Securities. Daiwa. Fraser. G K Goh. Kay Hian. Morgan Grenfell. Ong Co. Nomura. Phillip. Smith Ne*- Court. WI Carr and S
        52 words
      • Article, Illustration
        HOT STOCK
        84 17  -  By Quak Hiang Whai QAF is caught in neutral territory both on the shortand long-term charts. Daily, weekly and monthly RSIs are trapped around the 50-60 mark, showing the stock is neither overbought nor oversold. The only encouraging indicators are the daily and weekly MACDs, which suggest there
        84 words
    • COMPANIES
      • Article
        Alliance Tech in seafood tie-up
        54 18 SINGAPORE Alliance Technology and Development Ltd (ATD) will be forming with Gold River Development Pte Ltd a joint-venture company called CAK Seafood Pte Ltd. CAK Seafood's initial paid-up capital will be $1.4 million, comprising 1.4 million shares of $1 each. ATD and Gold River will
        54 words
      • Article
        OCBC director retires
        20 18 SINGAPORE OCBC Bank said Peter Yap Ee Kaw has retired as director with effect from last Saturday.
        20 words
      • Article
        Hup Seng Huat units in buy-up
        58 18 SINGAPORE Hup Seng Huat Co Ltd said its subsidiary, Hup Seng Huat Land Pte Ltd, has bought the entire capital or 3.5 million shares of $1 each of another subsidiary, Hup Eastwood Development. Hup Eastwood was set up to develop terrace houses on a
        58 words
      • Article
        RMCA defers annual meeting
        41 18 SINGAPORE RMCA Insurance has told shareholders the date of its annual general meeting has been extended to Sep 30 due as it needed more time to prepare statements regarding creditors claims on the assets of the company.
        41 words
      • Article
        Lock icon Lehman plans to sell fund unit
        67 18 Knight-Ridder NEW YORK Lehman Brothers Holdings Inc plans to sell its offshore mutual fund division which invests for wealthy individuals, says a report in The Wall Street Journal. Lehman is said to be frustrated by the small management fees that the firm reaps from
        Knight-Ridder  -  67 words
      • Article
        Pengkalen Holdings secures majority control of Sunshine Allied
        202 18 SINGAPORE Malaysia's Pengkalen Holdings Berhad obtained majority control of Sunshine Allied Investments Ltd at the close of its takeover offer yesterday. Schroders International Merchant Bankers Ltd said it had received acceptances involving 6.71 million offer shares, or 28.28 per cent Sunshine Allied's
        202 words
      • Article
        Untitled
        2008 18 MaagWS' print Jun 14 Sh Greater China Fd 1.00 100® Mendaki Gr Fund 1.02 I OSfi Swgapon Uatt TrUSt US Gr Fund 1.01 1.0}** 5ES5TS-. !:I5 uoe «nt lm S*porc Prof Fund 0.62 0.66 Unrfund 1.45 LSI S pore Sec Fund 0.98 1.04 Unibond f 04 1.065 5 pore Invest
        2,008 words
      • Article
        JC-MPH buys French confectionery businesses
        137 18 SINGAPORE Jack ChiaMPH is paying $4.7 million for French confectionery maker Societe Europeene de Confiserie and its subsidiary Confiserie Kesteloot. "Due diligence has just been satisfactorily concluded and it is expected that the acquisition will be completed before the end of June 1995," the publishing
        137 words
      • Article
        S'pore investors said to be wooing two Thai property firms
        421 18  -  From Loh Hui Yin in BANGKOK TWO Thai property firms were reportedly being courted by Singapore investors. A Bangkok newspaper said yesterday that Rattana Real Estate was holding talks with an unnamed Singapore property investor seeking a 20 per cent
        421 words
      • Article
        Lock icon George Kent to focus on core businesses
        185 18 Bernama KUALA LUMPUR George Kent (Malaysia) Berhad will continue to pursue the group's strategy by focusing more on its core businesses, preferably through organic growth and strategic alliances. Chairman Tan Kay Hock yesterday said the Asia-Pacific would continue to be an area of
        Bernama  -  185 words
      • Article
        Lock icon Philippine banks to issue warrants soon
        178 18 AFP MANILA Financial institutions and banks in the Philippines will soon be allowed to issue warrants as the domestic capital market is exposed to more sophisticated financial instruments. Securities and Exchange Commission (SEC) chairwoman Rosario Lopez yesterday said the use of warrants would add
        AFP  -  178 words
      • Article
        STIC explains changes in its logistics business
        298 18 SINGAPORE Singapore Technologies Industrial Corp yesterday issued a circular explaining the rationale and financial effects of the sale and purchase of logistics companies within the group. STIC announced recently that it would sell 4.92 million shares of Asia Pacific Logistics Services (APLS) to
        298 words
      • Article
        Lock icon Bimantara's low price outweighs political concerns, say analysts
        466 18 Bloomberg Business News JAKARTA Analysts and investors say the upcoming initial offering of Indonesian holding company Bimantara Citra looks cheap, despite concern about the company's dependence on political connections for its success. Bimantara will raise 300 billion rupiah (S$ 189 million) from
        Bloomberg Business News  -  466 words
      • Article
        Metalock registers 38% rise in group net earnings
        200 18 SINGAPORE Metalock (Singapore) has reported a 37.9 per cent increase in group net earnings to $858,000 for the year to March 31. The improvement arose mainly from a 20 per cent rise in turnover to $28.3 million, lower taxes and interest paid
        200 words
      • Article
        Lock icon Goldtron puts digital compact cassette project on hold
        178 18 Reuter SINGAPORE Goldtron Ltd executive chairman Ong Soon Kiat yesterday said the company had put on hold a project to produce digital compact cassettes as the product had not yet taken off in the international market. He told shareholders in the company's
        Reuter  -  178 words
      • Article
        Lock icon Khong Guan hopes to list manufacturing unit in 3 years
        183 18 Bernama KUALA LUMPUR Khong Guan Holdings Malaysia Bhd expects to list its newly-ac-quired manufacturing subsidiary Tat Sang Industries Sdn Bhd on the stock exchange within three years. Its chairman Mohd Ghazali Che Mat said the acquisition of Tat Sang, a
        Bernama  -  183 words
      • Article
        Lock icon DB Group set to become Heineken's cash cow in NZ
        459 20 Reuter AUCKLAND New Zealand brewer DB Group, in which Singapore's Fraser Neave has a stake, yesterday showed it is emerging from a period of heavy losses and now expects to become a cash cow for its parent, Heineken. The company
        Reuter  -  459 words
      • Article, Illustration
        Lock icon Shaw Brothers' profit doubles on TVB sale
        259 20 Bloomberg Business News HONGKONG Shaw Brothers (Hongkong) Ltd, the movie company headed by Run Run Shaw, said net profit more than doubled in the year ended March 31, 1995, as it sold 10 per cent of Television Broadcasts Ltd. Bolstered by a one-time
        Bloomberg Business News  -  259 words
      • Article
        Lock icon Earnings at HK property company Great Eagle fall 7.8%
        598 20 Bloomberg Business News HONGKONG Real estate company Great Eagle Holdings Ltd yesterday said net profit fell 7.8 per cent in the six months ended March 31, due largely to a decline in exceptional gains. The fall was in line with analysts'
        Bloomberg Business News  -  598 words
      • Article
        Lock icon Kia, Ford set up financing firm
        102 20 AFP SEOUL South Korea's Kia Motors Co has entered into an unprecedented tie-up with American car giant Ford Motor Co to set up the first joint venture consumer financing firm here, Kia officials said yesterday. The project is part of Kia's efforts to boost
        AFP  -  102 words
      • Article
        Lock icon Jardine unit expects poorer results
        70 20 Reuter LONDON Jardine International Motor Holdings Ltd, a unit of Hongkong's Jardine Matheson Holdings Ltd, yesterday said a difficult market for new motor vehicles in Hongkong and China might become even tougher before the end of the year and this "will, inevitably, have an impact
        Reuter  -  70 words
      • Article
        Lock icon Nippon Paint unit buys British firm
        83 20 AFP TOKYO Japan's Nippon Paint Co Ltd said yesterday that its European subsidiary had bought NBC (UK) Ltd, a British paint firm, for US$l.B million (552.5 million). The second largest paint maker in Japan said that Nippon Paint (Europe) Ltd had renamed the firm
        AFP  -  83 words
      • Article
        Lock icon Mirror Group launches cable channel
        85 20 AFP LONDON Britain's Mirror Group on Monday launched a new cable channel called Live TV, which will beam a round-the-clock diet of mainly live entertainment, show busmen and news to an initial half a million British homes. David Montgomery, Mirror Group chief executive, said: "Mirror
        AFP  -  85 words
      • Article
        Lock icon NBC bids for Multimedia
        74 20 Bloomberg Business News NEW YORK NBC has submitted a bid for Multimedia Inc, a media company that said in February it was exploring the sale of assets, according to an executive familiar with the plans. Multimedia owns five television stations and five radio stations, along with
        Bloomberg Business News  -  74 words
      • Article
        Lock icon Sydney casino's IPO oversubscribed
        73 20 Bloomberg Business News SYDNEY The AS 147 million (SSI47 million) initial public offering of a 22.4 per cent stake in Sydney's first casino closed oversubscribed two days early, The Australian newspaper reported yesterday. The shares were sold for A 51.28 in minimum lots of 2,000. Andre
        Bloomberg Business News  -  73 words
      • Article
        Lock icon First Data to buy First Financial for US$6.6b
        491 21 Bloomberg Business News ATLANTA First Data Corp said yesterday it agreed to purchase First Financial Management Corp for U556.65 billion (559.3 billion), or about US$9O a share. The acquisition will create a giant in the credit card, checking, mutual fund and accounts
        Bloomberg Business News  -  491 words
      • Article
        Lock icon Sears plans to sell real estate operations
        355 21 Sale could fetch USs2b and is part of move to focus on core business Reuter CHICAGO Sears, Roebuck Co said on Monday it was in talks to sell part of its real estate development operations, which could fetch up to US$2 billion (552.78
        Reuter  -  355 words
      • Article, Illustration
        Lock icon Lotus sees new direction in revamp
        441 21  -  Acquisition by IBM has changed Lotus forever, says chairman Jim Manzi Jim Manzi Reuter PHILADELPHIA Lotus Development Corporation's internal restructuring programme will likely take a new direction now that the software company has agreed to merge with IBM, Lotus chairman Jim Manzi said on
        Reuter  -  441 words
      • Article
        Lock icon IP withdraws offer for Holvis after Swiss court's ruling
        274 21 Reuter ZURICH International Paper Co (IP) of the United States said yesterday that it would withdraw its public offer for Holvis AG, the Swiss nonwoven textiles and paper distribution company. IP, the world's biggest paper group, suffered a serious setback on
        Reuter  -  274 words
      • Article
        Lock icon Christiania Bank makes bid for Norgeskreditt
        295 21 Reuter OSLO Christiania Bank og Kreditkasse, seeking to take over mortgage institution Norgeskreditt, said it would bid 200 kroners (5544.70) per preferred share in Norgeskreditt Holding AS. "In acquiring Norgeskreditt, Christiania group... will become market leader for longterm mortgage loans in Norway," Christiania Bank
        Reuter  -  295 words
    • FINANCE & COMMODITIES
      • Article
        S'pore fund invests in Thai telecom, petrochem firms
        408 22  -  From Loh Hui Yin in BANGKOK A SINGAPORE-BASED equity fund has invested a total of US$l2 million (5516.7 million) in companies that operate in two of the Thai economy's fastest-growing sectors telecommunications and petrochemicals. ASC Asian Equity Fund's investments are in Shinawatra
        408 words
      • Article, Illustration
        Lock icon Rubber turnover seen up despite price drop
        462 22  -  By Siow Li Sen SINGAPORE Turnover in the regional rubber trade will be higher this year despite a fall-off in prices, say traders and brokers here. All agreed when they spoke to Business Times yesterday that turnover would probably be higher this year
        Reuter  -  462 words
      • Article
        Britain's SFO still probing possible fraud by Barings' top management
        294 22  -  From Neil Behrmann in LONDON THE UK Serious Fraud Office has told a parliamentary select committee it is continuing to investigate the possibility of fraud by senior management of collapsed investment bank Barings. Questioned by the House of Commons Treasury
        294 words
      • Article
        Nakornthon Bank tapping S'pore offshore market
        145 22 SINGAPORE Thailand's Nakornthon Bank is tapping the Singapore offshore market for US$lOO million (SSI39 million). It will issue Floating Rate Certificates of Deposit through its Cayman Islands Branch to 24 financial institutions. The deal will be sealed next Monday. The FRCDs are in two
        145 words
      • Article
        Lock icon Foreign banks' assets rise 129% in Shanghai
        92 22 Reuter SHANGHAI Total assets of the Shanghai branches of foreign banks, accounting firms and joint venture banks rose 129 per cent in the first quarter of this year compared with the same 1994 period, the Business News said yesterday. Total foreign currency deposits
        Reuter  -  92 words
      • Article
        Lock icon Citibank keen to launch Viet T-bill market
        395 22 Bloomberg Business News HANOI Citibank is seeking to launch a secondary market in treasury bills following Vietnam's first auction of government debt instruments last week. The bank said yesterday it bought roughly 20 billion dong (552.5 million) in treasury bills from Vietcombank, the
        Bloomberg Business News  -  395 words
      • Article
        Crude rises as strike threat returns
        310 22 LONDON Oil futures rose on both sides of the Atlantic amid speculation Brazil's oil workers could resume their strike, once again forcing the South American nation to import oil. The strike, which ended on June 2, was over pay and industrial reforms. It may
        310 words
      • Article
        Lock icon LONDON
        196 22 Bloomberg Business News LONDON The dollar held steady against most major currencies after a report showing weaker-than-expected retail sales in May fuelled expectations that the economy is slowing enough to spur the Federal Reserve to cut rates soon. The US Commerce Department said retail sales rose 0.2 per cent
        Bloomberg Business News  -  196 words
      • Article
        Lock icon NEW YORK
        99 22 AFP NEW YORK The dollar fell against the other major currencies here yesterday following news of a moderate 0.3 per cent increase in May's Consumer Price Index, which gives the Federal Reserve latitude to drop key interest rates. At 1335 GMT, the dollar was trading at 1.3968 marks
        AFP  -  99 words
      • Article, Illustration
        Untitled
        1096 22 trade-wetglued index calculated agonal Span's lop 14 trading fanners. Base year IMS US$/S$ forward rates Noon/Jun 13 St BU Oder 1-month I-3856 1.3*71 2-month 1.3106 1-3*21 3-momh IJ7J6 IJ77I 6-month I.36IS 1.3638 Source: OCBC FOREIGN CURRENCY NOTE RATES As at tan m Jw 13: Singapore dollars to oae unit of
        1,096 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end higher on short-covering
        1369 23 Reuter SINGAPORE Simex Eurodollars ended up but off the day's highs, while Euroyen futures also closed firmer. Dealers said Eurodollars gained on short-covering and firmer US bond prices in Tokyo and ahead of yesterday's release of US May retail sales and consumer price index. US
        Reuter  -  1,369 words
      • Article
        KL tin firms on rising London market
        675 23 COMMODITY REPORTS KL Tin TIN price on the KLTM reached a four-and-a-half-month high yesterday, when it closed 34 sen higher to M$ 15.89 per kg. The bullish performance was due to short-covering on the LME. Three-month tin on the LME rose by US$l6O
        675 words
      • Article
        Saudi oil minister to visit Norway
        88 23 COPENHAGEN Saudi Arabia's oil minister, Hisham Nazer, is to visit Norway for talks with Oil and Energy Minister Jens Stoltenberg, a ministry spokesman in Oslo said yesterday. No date has been set for the visit yet, but the spokesman said it would probably be
        88 words
      • Article
        Projects to improve oil supplies
        108 23 NEW DELHI Indian oil officials are hoping that the shortage of gas oil and petrol in northern India, which has lasted since April, will not recur in the near future as two major projects will soon get under way. The projects a refinery and a
        108 words
      • Article
        China may import 5m tonnes of corn
        62 23 HONGKONG China is seen importing up to five million tonnes of corn this calendar year to satisfy strong domestic demand, trade sources said. Buying will concentrate on August shipment onwards, they said. Traders estimate that the country so far has already bought up
        62 words
      • Article
        Lumber prices continue to fall
        74 23 KANSAS CITY Lumber prices continued tumbling, and knowledge of upcoming mill closures was not enough to turn the tide. Many lumber and plywood mills close for two weeks in the summer for a combination of vacations and plant maintenance. These usually take place in July
        74 words
    • Article
      COMMODITY PRICES
      1364 23 SICOM Futures KII DMT (futures dosing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 219.75 214.50 216.00 1250 1050 Aug 212.00 212.00 212.00 275 2650 Sep 209.50 100 2350 Oct/Dec 203.50 6075 Jan/Mar 96 203.00 3075 Apr/Jun 96
      1,364 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        943 24 -5.6 SHARE prices closed weaker yesterday as concerns over the Tokyo bourse's slump overshadowed a rally on Wall Street. 'Tokyo is overhanging our market," said a broker. "Every newspaper you pick up had Japan crashing." The All Ordinaries Index fell 5.6 points to 1, 978.9. The All Industrials fell
        943 words
      • Article
        Manila
        585 24 -22.9 Stocks fell yesterday as the market followed the lead of other Asian bourses. A dealer said the fall occurred because "Asian markets are down, especially Tokyo", prompting investors to take a wait-and-see attitude. The PSE Composite Index fell 22.9 points to 2,809.27. Turnover was 2.1 billion shares valued
        585 words
      • Article
        Taipei
        482 24 -107.24 Share prices closed lower yesterday as a result of battered mar- ket confidence, with all eight major categories of shares suffering losses. "The market was permeated with a pessimistic atmosphere as investors felt uncertain over the its prospects," said a trader. The 321-issue Weighted Price Index slumped 107.24
        482 words
      • Article
        Seoul
        481 24 +2.95 Stocks made a positive turnaround to close higher yesterday, buoyed by reports that North Korea and the US had reached an agreement over the nuclear dispute. The US-North Korean agreement on the nuclear issue pulled the stock market out of the doldrums, giving hope that inter-Korean economic ties
        481 words
      • Article
        New Zealand
        275 24 10.05 Shares firmed up yesterday on the back of a strong forestry sector as all the leaders except Telecom recorded gains. The NZSE-40 Capital Index closed 10.05 points higher at 2,086.02 on moderate volume of NZ$33 million. Fletcher Challenge rose afier strong buying in the US, although it
        275 words
      • Article
        Bombay
        134 24 -18.36 Shares finished mixed and brokers said steel maker Tisco was in the limelight towards the close. The share jumped 11 rupees to 245 on the National Stock Exchange and spurted 7.5 to 241 on the Bombay bourse as speculators covered their short positions on the last day of
        134 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        682 24 Britannia Funds Sterling Casta Bid Ofcr M.m C ap Deposit M6400 M 6500 Mini Jersey 6ik OlIWJ 0.1992 Mim Mo Income ****** >***** USS Cash Income PVo Fund 10.4400 11 0000 PS S Reserve Find 5.5000 5.5100 H4JK 0.49M Far tam Fuad *2.H50 *2.97 X> Mmi Portfolio •I.9M0 *2 1470
        682 words
      • Article
        London
        708 24 +3.4 WALL Street's strength following weaker-than-expec-ted US retail sales data helped boost the UK's top share index to close in positive territory, although most shares ended mixed. The FTSE 100 index ended up 3.4 points at 3,348.0. Volume remained modest, with just over 475 million shares traded. UK gilts
        708 words
      • Article
        Paris
        132 24 +15.04 French shares ended higher on the dollar's gains following the release of US consumer price data. "The dollar's strength, the drop in US long bond rates helped the German and French bonds, and all that has helped this market," a trader said. The CAC-40 Index closed up 15.04
        132 words
      • Article
        Frankfurt
        176 24 -3.53 German stocks fell as the expiry of key stock options on Friday affected prices on leading shares. Other markets in Europe rallied, inspired by a surge in US Treasuries after weaker than expected inflation reports in the US boosted hopes of falling interest rates. This had only a
        176 words
      • Article
        Brussels
        183 24 +2.46 Belgian shares ended a quiet day mixed with a marginally firmer bias, supported in the afternoon by a recovery in the dollar from weaker levels this morning. "It's quiet and so the market is vulnerable to individual orders on the buy or the sell side," one dealer said,
        183 words
      • Article
        Milan
        161 24 +46 Italian shares staged a technical rebound in the afternoon with the buying almost certainly linked to today's close of the June account. Brokers said that today would see heavy initial volumes, with the joint expiry of June futures contract and the monthly cash contract making price forecasts hazardous.
        161 words
      • Article
        Amsterdam
        260 24 •0.15 Dutch shares rebounded from their day lows to an almost neutral close after a stronger Dow Jones opening, but largely ignored a batch of key US data. The AEX Index ended the day 0.15 down at 431.83 points. The session was uninspired and trading remained quiet, despite an
        260 words
      • Article
        Zurich
        269 24 -1.4 Swiss stocks fell as a late surge in the dollar failed to rescue some export-sensitive shares from losses. Leading the market lower was Roche, which fell 35 to 7,110 francs. Sandoz fell three to 768, ahead of its announcement tomorrow of the price range within which it will
        269 words
      • Article
        Johannesburg
        318 24 -12.8 South African shares ended mixed as an earlier steady showing by industrials faded amid concern about local politics and uncertain prospects, dealers said. They said steady twoway trade should have lifted recent low volumes, but prices were unlikely to make major strides without a bullish shift in fundamentals.
        318 words
      • Article
        Toronto
        236 24 +7.57 Stocks rose early, spurred by buoyant gold and consumer product shares ahead of an expected drop in the Bank of Canada's key lending rate. The TSE 300 Composite Index gained 7.57 points to 4,474.40 on volume of 8.20 million shares valued at Cs66 million. Advancing stocks outpaced declines
        236 words
      • Article
        New York
        723 24 14.18 Stock prices pulled back a little in active early trading as some sell programs trimmed early gains fuelled by a strong bond rally following a pair of reports showing inflation remains under control amid a slowing economy. The Dow Jones Industrial Average, which rebounded 22.47 points on
        723 words
    • Article, Illustration
      Lock icon HONGKONG
      2558 25 Bloomberg Business News HONGKONG Stocks fell as gains in Hutchison Whampoa and Cheung Kong offset a drop in bank stocks. Investors continued to fret over signs that corporate earnings growth is slowing. "Investors stiH aren't ready to jump in," said a broker. Investors are concerned that companies are paring
      Bloomberg Business News; Source: Bridge Info  -  2,558 words
    • Article, Illustration
      Lock icon CHINA
      510 25 CLSA IN Hongkong, the H share index gained 9.55 points at 1,162.03 on turnover of HK532.6 million. Tianjin Bohai lost 4.8 per cent on turnover of HK$5OO,OOO after the company announced the approval of its new A share issue. The Shanghai B market lost 0.14 to 635.79 on turnover
      CLSA  -  510 words
    • Article, Illustration
      Lock icon TOKYO
      2517 25 Bloomberg Business News TOKYO Stocks fell for a fourth trading day to a fresh 34month low amid concerns that the government will not be taking measures to spur the economy. The Nikkei Average zigzagged higher in the morning, before finishing down 213.78 points at 14,599.68. That's the lowest close
      Bloomberg Business News; Source: Bridge Info  -  2,517 words
    • Article, Illustration
      Lock icon BANGKOK
      1469 25 Reuter BANGKOK Stocks closed lower but off the day's low after late selective buying. The SET Index closed 3.02 points down at 1,372.00. A total of 84.6 million shares worth five billion baht were traded. Falls outnumbered rises by 188 to 115. Buying interest emerged in Bangkok Metropolitan Bank
      Reuter; Source: Bridge Info  -  1,469 words
    • Article, Illustration
      Lock icon JAKARTA
      1159 25 Reuter JAKARTA Stocks were softer at the close but gains by Semen Cibinong's local shares helped pull up the index marginally. The Composite Index ended 0.17 point higher at 487.48. Semen Cibinong stock jumped almost 30 per cent to 5,450 rupiah on local buying following market talk of a
      Reuter; Source: Bridge Info  -  1,159 words
    • Article
      CLOB INTERNATIONAL
      2103 26 Cf Gr I9M Laal Vol Day Lart Oak Dt» Dl» YM Nf MC* Hy Lm CwapMy Sai* CM) Hl*h Low Bayer Seller Or M MALAYSIAN STOCKS IA W4 47* |M m AlSfl 50c 384 -2 344 396 382 384 3|8 3.0 -2-9 0.2 J?* 127 77.5 m AMDS
      2,103 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall amid concern over inflation controls
        5872 26 Bloomberg Business News KUALA LUMPUR Stocks feU amid concern over how the government will rein in inflation as the economy heads for growth of as much as 9 per cent this year. Investors expect that instead of raising interest rates to moderate inflation,
        Bloomberg Business News; Source: Bridge Info  -  5,872 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6632 27 c, G» M Wt MM Vol Da? Last Quo* Dt> M> YM Nat Caa Al High Um r —I —I Safe 0888) High Law Bayer Sailer Or VI* Prfc UMISTWAL AND COMMOKHU 4188 382 at > Acma 50c 458 cd +2 121 468 456 456 460 22.5 18 15 9.6
        6,632 words
      • Article, Illustration
        Lock icon Shares start well, but Tokyo's fall dampens sentiment
        1815 28  -  By R Sivanithy SINGAPORE Local shares yesterday regained some poise after Monday's sell-off, but initial confidence stemming from Wall Street's overnight firming was quickly undermined by continued weakness in Tokyo, leading to across-the-board weakness. The Straits Times Industrials index first responded to
        Charts by Bridge Info; Source: Bloomberg  -  1,815 words
  • Page 17 Advertisements
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      469 17 NEWS VALUE Interest rate advantage boosts rlnggit (pg 1) Ringgit looks a good bet for those holding Singapore dollar assets. July COE prices down for most vehicles (pg 2) Further falls can be expected. China's motorcycle maker plans secondary listing in S'pore (this pg) Retail interest likely to be minimal.
      469 words
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      75 18 Why confine yourself when you can afford to stretch out in your own suite. After the So/ Chancery Solgon street hustle, you deserve the space and comfort of the all-suites Sol Chancery Saigon. so/ hoMi Sol Chancery Saigon, 196 Nguyen Thi Minh Khai Street, District 3. Ho Chi Minh City,
      75 words
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      222 19 T *^titßksj&fe&^f-v v-r*.-" y mi »i'i'hfc'Jii'iiMii 1 With your banking needs taken care of, you get where you want to go quicker than anyone else p J jj PRIME Account from Hongkongßank looks and global ATM facilities, you will enjoy the account after your personal finances so you can spend
      222 words
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      208 20 What could be more exciting than a hole-in-one? Tradewinds' two-in-one! Yes, J|(||BllHllllBilBWHIBilBiBBIWMBIIil^HilWBW^^BB^HBHiHBHBHHBB two great Australian golfing holidays back-to-back BJ^B|||^||^[B||B^|||{||[Pj|B||H|||j^|BlllHißl^BßWl^^^Bl^^B^^B^^Bßß^B Imagine yourself teeing off at seven of Australia's finest courses! Playing in warm-up games leading to the BBBWlWMBBiP)H|||n||Plßilß|iPllßlilßßi|j^^^^^^^^^^nij^^^Bj^^Bßßßw actual tournaments. In between, you 11 have time to explore the fascinating wildlife
      208 words
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      28 20 I TRUE CRIMES I I Look out! For Real Life Strife I [Dirty Criminals Clean Getaways. I Hear the INSIDE stories. I Cost: 30 cents a minute I
      28 words
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      377 21 UN WHY PEOPLE UNDER STRESS CHOOSE M W TO UNWIND WITH OUR RESORT HOLIDAYS. fijl SjL Total Flexibility Incredible Variety Unbeatable Value Kb Rasa Sayang 3D/2N S$ 362 j5-~l Parkroyal Penane 3D/2N S$ 356 E/W /ajj Penang Mutiara 3D/2N S$ 378 jMV fetgf! Bonis: Discount eouchert worth MS 120 SBft
      377 words
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      Page 21 Advertisements Column 2
      360 21 2 MAJOR EVENTS EFFECTIVE PROPERTY RISK MANAGEMENT M AM ATCIIC HIT 0 Application of Financial Instruments MAIiAVJEIVIIIiI 0( in the Process of Risk Management MAINTENANCE Royal HoMay Inn Crowne Ptoia Singapore»| I .27-28 June Hilton Singapore I Ben fit fro training in the latest strategies and Key Strategies New Techniques
      360 words
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      121 22 Jftt TWO ADJOINING jifc SHOPPING CENTRES fSBE Sefton Plaza Regency Plaza $A 16.6 m $A 5.4 m MAJOR DISTRICT SHOPPING PRECINCT 6 KM NORTH OF ADELAIDE CBD District Shopping Centre Target Neighbourhood Shopping Centre Foodland and 35 shops Coles, NAB, Tavern and 15 shops Tenders close Thursday 13th July 1995
      121 words
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      Page 22 Advertisements Column 2
      50 22 You may have been unabte to gat your Busineee Tlmee, I Strata Tlmee, Sunday Tlmee, UanHe Zaobao and other daNy newspapers from your uaual newsstand bacauaa of the rwgoof 08mana traqf. To ensure a daly copy, cal Customer Servtoea Section on 1000-749-2577, and ask lor home or ofltoe denary service.
      50 words
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      Page 23 Advertisements Column 1
      234 23 With a worldwide team of 125 multi-disciplined professionals and a network of international offices, B 9 OCRA provides confidential and cost effective company B fl formation in all the major low tax areas including: 1 •BRITISH VIRGIN ISLANDS 'CAYMAN ISLAND fl fl 'IRELAND •MAURITIUS "JERSEY fl 9 -SEYCHELLES 'WESTERN SAMOA
      234 words
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      Page 23 Advertisements Column 2
      20 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried Instead.
      20 words
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      Page 25 Advertisements Column 1
      21 25 ACTAL NEUTRALISES STOMACH ACID. quick relief from stomach discomfort, > cjfri ini~ gastric pain, indiges- RFIJPVFft nA^Tfttc?A^N7 r Health tion and heartburn.
      21 words
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      73 27 INV ESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, von can prosper throunh a wide ramie ot investments. Local and foreign C urrencv Lime Deposits. I ntixed lime Dcpi Currencies. Lnit Trusts and more 'lust call our*24-Hour CitiPhone Banking toll-free on (1X00) 225-5225 tor your share
      73 words
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      398 28 IN THE MATTER OP THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OP SOHWA TECHNICAL CONSULTANTS SINGAPORE PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of Sohwa Technical Consultants Singapore Pta Ltd, duly convened and held at the registered office at 105 Cadi
      398 words
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      Page 28 Advertisements Column 2
      323 28 B U S I N Ei S S__T_l_M_E_S ToTTf?RE 74-1 -1 298 THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CO-YOUNGSUN INDUSTRY (SINGAPORE) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of Co-Youngsun Industry (Singapore) Pte Ltd convened and held at 9 Battery
      323 words
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      Page 28 Advertisements Column 3
      315 28 In t» manor ol THE COMPANIES ACT. CAP. SO and In tie manor of AVAMT GARDE DESIGN PTE LTD NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary Gonaral Mealing ol the Members o< the Company duly convened and held at 80 Raffiee Place *29-01. UOB Plaza 1. Singapore 0104, on 13
      315 words
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      Page 28 Advertisements Column 4
      251 28 In the Matter of The Compenies Ad. Cap.so and In the Matter ol SEK HOLDINGS (PTE) LTD (In Members' Voluntary Liquidation) At mi Extraordinary General Meeting of tie abovenamed Company duly convened and held al 2 Hevelock Road, *0707 ApoNo Centre, Singapore 0106 on Tuesday, the 13th dey ot June,
      251 words
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      Page 28 Advertisements Column 5
      401 28 STRAITS STEAMSHIP LAND LIMITED (Incorporated m the AepuMc ot Smgapoie) LOST CERTIFICATES Application tos been made to the Dmdors of tie abownamed Company toss* <M)i»caie certificates in place of t* WKwinocerttoles haw been reported lost or destroyed Ms. al Stack salts CartHlcats Me. *****3 Chew TertNeo 1*937 *****05H -<10- 1
      401 words
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      Page 28 Advertisements Column 6
      571 28 Singapore Closing Share Prices 12/06/1 ©*5 CLOM M«V LOW MOM use use ua« uae \U|f# m, m r 7.88 7.78 740 ■TBSlll imUni tuiliiU S-M 3.38 3.30 3.38 rrag] 0.»3 B*B 0.848 ZZurt 1-M 1.88 ia« tar iWI 1-*® 1 J* J Hi, §1 a—He 0.48 0.80 0.48 OJ* Published
      571 words
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  • Shipping Times
    • Article
      Lock icon DAILY FREIGHT
      516 29 Knight-Ridder, Reuter TRADING was slow on what brokers here described as "typical" with lots of talk and little action. Panamax activity was scarce both in the Atlantic and Pacific areas, but there was increased interest for capesizes. Handy and handymax rates in the east continued to ease, the
      Knight-Ridder,; Reuter  -  516 words
    • Article
      MARITIME STOCKS
      319 29 SES 'OOP Jun 13 S$ Vol CWT Distribution 1.57 unch 12 CWT Distribution A 1.51 Chuan Hup Holdings 1.15 -0.01 46 Cosco Investment 1.68 -0.01 21 Cosco Investment A 1.65 +0.02 22 Far East Levingston 6.35 unch 409 GB Holdings 0.795 Hai Sun Hup Group 0.82 +0.01 177
      319 words
    • Article
      Lock icon UK shipyard Swan Hunter saved from closure in last-minute deal
      371 29 FT LONDON Swan Hunter's main shipyard at Wallsend on Tyneside in north-east England was saved from permanent closure on Monday when it was sold for an undisclosed amount to THC Group, the offshore fabrication specialist. The deal was concluded just
      FT  -  371 words
    • Article
      Vietnam begins construction work on new Cua Viet port
      364 29  -  From Tran Dinh Thanh Lam in HO CHI MINH CITY WORK started last week on the construction of a sea port that many believed will be a major eastern terminal for a future trans-Asia route. Located at Cua Viet, in Quang
      364 words
    • Article, Illustration
      APL's new container ship calls at S'pore
      141 29 SINGAPORE The first of American President Line's six new CU class container ships, the APL China (above), made its maiden call to Singapore on Monday. The post-Panama-size container ship, which began its voyage from the How- aldtswerke-Deutsche Werft shipyard in Kiel, Germany, took
      141 words
    • Article
      Kvaerner clinches US$76m deal
      154 29 SINGAPORE Norway's Kvaemer Group has clinched a US$76 million (SSIO6 million) order for the construction of a storage vessel with a capacity of 690,000 barrels of oil. A letter of intent was signed recently between Kvaerner Masa-Yards (KMY), a Finnish member of the Kvaerner Group and
      154 words
    • Article
      Lock icon Container lessor to issue new shares
      71 29 Bloomberg Business News HONGKONG Recentlylisted container leasing company Florens Group Ltd will issue new shares to buy stakes in two container terminals from its parent, China Ocean Shipping Co (Cosco), the Chineselanguage Hongkong Economic Journal reported. Cosco has a 50 per cent interest in
      Bloomberg Business News  -  71 words
    • Article
      Lock icon Throughput at Ipoh cargo terminal trebles to M$1.15b
      271 29 Bernama IPOH Ipoh Cargo Terminal (ICT), Malaysia's first dry port, handled more than M 51.15 billion (***** million) worth of cargo comprising both imports and exports last year. Its manager for operations and marketing, Foo Si Kian said this was higher than
      Bernama  -  271 words
    • Article
      Lock icon 1994 world order book closes at 18-year high
      355 29 MBT KUALA LUMPUR The total world order book at the end of 1994 closed at an 18-year high, reaching 7.1 million gross tonnage, including a boost of new ship orders worth 2.3 million gross tonnage, in the final quarter. Of this, bulk
      MBT  -  355 words
    • Article
      Lock icon Pirates take HK$10m from HK-Macau ferry
      183 29 AFP HONGKONG Robbers struck a hydrofoil bound for Hongkong from Macau yesterday and fled with HKSIO million (S$ 1.8 million) taken from a bank employee on the ferry, a government spokesman said. The employee was taking the money from Macau to Hongkong for the
      AFP  -  183 words
    • Article, Illustration
      Lock icon Japan's ports get that sinking feeling
      1080 30 They are losing business to smaller regional facilities, not to mention ports in neighbouring countries, where handling and overland transportation costs are lower Nikkei Weekly FOR Masaaki Eguchi, things are starting to look up these days. Kobe port, silenced five months ago by Great
      Nikkei Weekly  -  1,080 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      490 30 Page ABC Cool 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkici 4 Antaco 13 •Appenship 4 Arowana 15 Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo Bengal Br 15 •Blue Star
      490 words
    • Article
      THE SHIPPING GUIDE
      11446 38 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. TKp nao,. numkpr rcfi-rs to the location of the schedule advertisement. ETA CIA Um Vassal Vayaga P| I ETA rn iwr» mm mm m.
      11,446 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        558 47 f Voy No Berth Arrival Departae Jureng Part Alana Jaya A77 J8 alongside 14.06/0515 Batam Indah N203 J2 alongside 14 06/2300 Warn Murni 06/02/95 J2 alongside 14.06/2300 B«fe J18/19 alongside 1406/0700 Hantfah 11 >5 alongside 1406/1500 H*y 06/04/95 J1 alongsde 1406/0300 >• Pte* M V06 J12 alongsde
        558 words
      • Article
        CONTAINER SCHEDULES
        1581 47 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record Bookhc/8itont« SJ*p Voy No Etb/Bto Period From >fW) ,6/as f K H/mi !«wo 4 14/1200 14/1459 14/1700 ACX Me 242B 16/1100 3 14/0700 M/HM 4 14/1200 14/1459 14/1700 Andd 950/9 14/1500 1* 13/1500 13/1659 13/1900 A.iro Au;t SIN 15/0/00
        1,581 words
      • Article
        COCKETT BUNKER MARKET REPORT
        849 47 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        849 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Abacus to hold international subscriber conference in S'pore
        368 48  -  By Alec Almazan SINGAPORE Computerised airline reservation company Abacus Distribution Systems Pte Ltd will hold the first international subscriber conference in Asia on Sep 13 and 14. The conference, budgeted at $1 million, will be held at Suntec City. It will be
        368 words
      • Article, Illustration
        Lock icon Airbus, Boeing announce US$1.65b deals
        447 48 Paris Air Show Bloomberg Business News PARIS Europe's Airbus Industrie said at the Paris Air Show that it was to supply 30 A3l9s worth US$l.l7 billion (551.63 billion), and Boeing topped Sunday's announcement of orders worth US$55O million with news of orders for four Ills,
        Bloomberg Business News; Reuter  -  447 words
      • Article
        Lock icon Aircraft demand to grow to 16,780 planes: poll
        242 48 Bloomberg Business News PARIS Demand for aircraft will increase to 16,780 planes with sales value of US$B32 billion (551.16 trillion) from 1995 to 2014, according to a survey released by Daimler-Benz Aerospace. The study, which polled more than 500 airlines, concluded that
        Bloomberg Business News  -  242 words
      • Article
        Lock icon W European car sales down 0.9% in May
        202 48 Reuter PARIS Western European car sales slipped 0.9 per cent last month from the levels a year earlier, an industry source said, another sign that the recovery of the European car market is fizzling out. Ford Motor Co, Renault SA, PSA Peugeot
        Reuter  -  202 words
      • Article
        Lock icon Ansett flying into S-E Asia 3 months ahead of schedule
        359 48 AFP SYDNEY Australia's fledgling international carrier Ansett is entering the South-east Asian market three months earlier than planned. It will launch services to Kuala Lumpur from Aug 1 under a new agreement signed with Malaysian Airlines, airline officials said yesterday.
        AFP  -  359 words
      • Article
        German travellers vote SIA as best among the best
        142 48 SINGAPORE Singapore Airlines (SIA) has been voted the best among the best international airlines by readers of Capital, a German-language magazine. The results were announced in the May issue of the Co-logne-based publication. In the overall category, SIA was rated number
        142 words
      • Article
        Lock icon Rolls-Royce wins US$75m contract
        92 48 Reuter LONDON Rolls-Royce pic said it had won a contract worth US$75 million (Sslo4 million) to supply RB2II-535 aircraft engines for five Boeing 757 aircraft ordered by United Parcel Service. Rolls-Royce already had a contract to provide engines for 35 UPS 7575, 16 of which have
        Reuter  -  92 words
      • Article
        Lock icon Mazda to buy more car parts from abroad
        120 48 AFP TOKYO Japan's Mazda Motor Corp said yesterday it aimed to boost overseas procurement of automotive parts from the current 5 per cent to deal with its corporate rehabilitation and strong yen. An official said the troubled car maker was also considering
        AFP  -  120 words
      • Article
        Lock icon Air France signs US$30m deal with Biman
        92 48 AFP DHAKA Air France has secured a US$3O million (Ss42 million) engine maintenance deal from Biman Bangladesh Airlines, sources said on Monday. Biman officials were unavailable for confirmation, but the sources said under a three-year contract initialled on Monday, Air France will be
        AFP  -  92 words
      • Article
        Lock icon Nigeria increases airport tax to US$30
        118 48 AFP LAGOS Nigeria has more than double* jts airport tax for international travellers, raising it ftftm 1J5512 (S$ 16.70) to US$3O, the official News Agency of Nigeria <NAN) said on Monday. An official statement by the Nigeria Airports Authority said that the increase had
        AFP  -  118 words
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        Lock icon Dutch railway signs 10-year IT deal
        130 48 Reuter NEW YORK Nederlandse Spoorwegen, the Dutch national railway, said it entered a 10-year information technology agreement with Electronic Data Systems Corp. As part of the deal, about 500 Nederlandse Spoorwegen employees will become EDS employees. EDS, which will become the rail company's preferred
        Reuter  -  130 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1293 48 AIRCRAFT ARRIVALS DEPARTURES an rag* ra ra*t m Ma MmM Cm 156 1736 GA974 0020 GA964 0310 SQ442 2000 «i87 aoao SQ227 2030 tmmm RJ182 1440 RJ183 2210 rmnliri— KL843 0456 KL832 2300 GA893 1310 SQ832 2355 K1837 1450 SQ323 1886 n«tlilir< NZ21 1820 NZ22 1940 SO288 2050 S028S 2045
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      180 29 t=MHni!9Nffn9nnß!Hß WEEKLY LCL TO: I Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia 1 Japan's ports get that sinking feeling: Page 2 Abacus to hold int'l subscriber conference in S'pore: Back Page \jß2*S ISM Training Course From July 19 to 21. In its resolution A 741 (18) of 4
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      1116 30 1 m'J IT7TfV r Jf.I 14 1 rvHHH^^^^^^^Bswnp4m£*i*!*MWPWJPPPJW9^^HwMWiilil^^^V!4V!tCtsf7ffW!9Vflfß^^B77!Tfffl^ i H 1 OTHER DESTINATIONS 1 I NORTH AMERICA I ll OMECT CALL TO WEST COAST tSCX) WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CAUFOWttA EXPWMB (WRECT FROM WOT COAST) Ihowtonlbw |»r Mgcd lwrl» muml mmmmul ft oubmU B lioinuluaicagUi 1
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      187 30 Lines and services represented by /2&33K, Members of the Registry of Accredited (aBSfuVT Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 IS*pon Looting For CB*TAURUS MPT RcfrrVAtwAJK/Nantoo I CANALP 20/6 25/6 RdnVAtwAJK/Nant* WORLD AJAX 5/7 I(V7 RdnrVAtoaAAONi** I J ILndngfer AYNUR KALKAVAN DUbeVDmin*V><uwe*ZHod*WJ* I
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      974 31 FOONO SUN Y SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 ■OOKMMVINQUIRIKS CM NO; 10MM*****Mf TEL: *****5S (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSMIP VESSEL VOY ETA ETD DESTIHATION SUN RAY 10/95 15* 17/B PIAJU/PALEMBANG NEE DIAKI 8/K 20* W* PONTIANAX7SINTETE GULF KHMJO 11/95 M 24* BEN6KULU/PAOANG GULF
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      Page 31 Advertisements Column 2
      960 31 EXPORT TO: jeddah/uk/continent I VISSU/VOY [STST| rwi T w/w «M; II I n*"»*OMOi it» lt/2 »~M WI7 11/ V W/07 N/W ****!■>• grass?..* ss r rest <$>est ssssssa HBUOYJ HOMMU JMS M/* o*/0> */0» IVf i/yW MEDITERRANEAN (MED CLUB)* unui/voY M BlrilMl liSfrii to f» u T*Tr n/M 03/07 M/
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      815 31 OHANJIN SHIPPING BOOKINGS TEL: *****36-237 OPERATION TEL: *****41-263 SALES TEL: *****30-233 DOCUMENT TEL: *****71-276 FOR VSL rsn UK HAUL SEA YVN POX FDR VSI [""STI LME MAUL S» 1* HANJM KAOKSRJM S2* 1M OMECT Vt WW HANJM CHUNGMU IZZE 1M H KEELUNC 064E ZSff Zlff Off HANJM VANCOUVER BZIE 22*
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      1128 32 Wf SWCtfOK JfflMH MOA' SOUTHMtfTOM MMMjgC MWMjg IgjßP IiHAMI imutEggss iv* W. id id id M «<322 W M m W2 JUL ML UL \ld— JWWWBWBS W w WJ M xbr— Ob ?4/t 3/7 It/7 W yj/1 14/7 It/7 fcnma rm~ w/t M. M M m "Sfeui 14/375 vf Wl
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      969 32 MORASIA I introducing our upgraded md week AME 10 SERVICE t WITH SHORTER TRANSIT TIME: I HAMBURG 22 DAYS E ROTTERDAM 23 DAYS j ANTWERP 25 DAYS t FELIXSTOWE 24 DAYS E LE HAVRE 26 DAYS FOR MORE DETAILS, PLEASE CONTACT: If DORIS NGE PAGER *****08 F CALVIN WONG *****46
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      615 32 B* Eg Plß* lllliil y» JAPAN/HONGKONG/STRAITS REGULAR SERVICE 1 a I* LOADING FOR PORT KLANQ/PENANG J "viSa voy ipom p.bubam pu f»5 3 pac quebi i »u> «u> wrr mmm 11 npt m nm j JUPITEB J WW 11JW m lASTHMI HtRO 11 IIJUM IIJUN HYPIQM n_ IIJUM _2 njg
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      1044 33 1 I 10 Hoc ChlMI *03* #1101 KMMI Toorore 1 Singapore 0208 Tel: *****88 Fli: *****17 ImmiAjTr i f i'i> i.j himwiiM NBW qu< nba pacific mm jgEfflgW (A SERVICE OF CHINA NAVIGATION CO) mm I EE" OUE SAJLI J MAGA M-32 VMO3E Mwn, Life 14-17JW tIJ* »CUC«. COW—WA» —M—K
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      2059 33 —a Singapore Agent: UXtI 1 fl P&O Containers (Singapore Agencies) Ptc Ltd ■HA A W.V XAWlff In4g 10 Hoc CWaag Road, M74>l Keppel Towers Swg«|K>reO»W Class Connections WORLDWIDE J?^J^ilgS .'!S^f 4,NOCsr Pm! EXPORT IMPORT g VOV -PKO «w SOU ANT ROT MAM OOT BRB LCH ISSL mONQKONQ 5/06 55s 24AM
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      970 34 I:«««« rsnr r is r a s s s Ro ~[sl I *s£?tm!!ki U I*7 10/7 10/7 15/7 11/7 I. QLEAMY RE-060 21/5 31* 26* 2* W M»• I 12SSJ2E? nn TW wi nn *T1 e. bentry re-sss m m w m ll] REFME MMfl _M_ W Wl 711 WJ
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      692 34 MU MM KWT |i| RM w* MP2I HM imi MM £L I UN COMMA MHOW MM HI aa> MB *»>• aaoNWAflo muo'j* ?u* £*7 IM7 lU*7 1W 12/17 I S£S2 3? 17,7 !M,: M? IW7 ,M 7 li J55,..,.. JS..mmm-—*-—"— —o-ii.u.—i.»»■ 11 Si.«ffIUMWTHAH«CASB»CE Smc, ypv w P.UM MW AMMmHBT CAPE
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      572 34 TEL: *****33 (12 UNES) FAX: *****18/*****03 TELEX: R3 ***** MBHT P Un—> CP NO: **********0E _Vj' 1 i ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA iLoadkigtar •Dora Momban, DpbouC At)toay Wona 44W8 12AT7 Abyot 41WB tVGt MoribaM. tiWUNGUW RJLLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH PCL/LCL ALSO 80/SO<? EXPORT TO.
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      2009 35 samjw to 1 p j SOOTH AFRICA ft I j I iin mm mil I s Si»tto*f t Qftrtl A fts M (6*—mi cl^l^lJ'jmu/ </UJ cZZnr'srt -M. 4f*»*' Oftrllll* Cfltlur ittttll 1H COSTAR SHIPPING PTE LTD KS/SSM? 1 ESIU'SSSS' A3T"llr I IMilm wtr #17-M /m ii'i IMMII Fii »HW Irtttmlt
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      600 35 fit FAMOUS CONTAINER UNES I 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 C I y HOT UNE: *****33 (30 LINES) H GOTHENBURG/SCAN 19/06 ROTTERDAM 16/06 I AtBHIIS/COPENHAGEN 19/06 HAMBURG/BREMEN 16/06 I MARSFII IF/FRANCE 20/06 FEUXSTOWE/UK 19/06 I BARCELONA/SPAIN 21/06 LEHAVRE/FRANCE 19/06 I GENOA/ITALY 17/06 ANTWERP/BELGIUM 15/06 I insMiRFIFSIWC/IPI 16/06 SYDNEY/MELBOURNE 17/06
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      1022 36 jassssgj voy I am jkt H [vessel voy gg pen l^B *»MH M Mtod Imm st 17* kotajadc jaoQ73 ~v*q mpt m is* IVESSS. I VOY I MN I BKK I BUNOA SEROJA 5087 Thu IS* St 17* MAHA BHUM* 231N W*d In Pt Sat 17/# viRABHUM mt »tT 16/6
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      766 36 79 ANSON ROAD. *21-01, BINOAPORE 0207 TEL: *****92 FAX: *****87 CR **********QN PORT KLANQ PENANQ vena w* w wa. vtssa voy m ra SEA LAUREL 3MN 1506 THU 1606 FR) LHOTSE 5033 07/06WEQ 0906 FRIt EAGLE BREEZE 206 A 15.06THU 17WSAT XOURJAYA ***** QftQ6FRI 1106 SUN r SEA LAUREL 397N
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      629 37 MYANMA FIVE STAR LINE (Myanmar National Ll»«) w Loading for Yaogoa (Rangoon) r Ifon PKH W PB* J MAWLAM YING VMW 810 PAGAN V22OW SLO MYOMA YWA VIS6W 20/08 MALAYSIA AOENTS: BOUSTEAO SHIPPING A6ENCIES 2- K SSSISI2S P6O: TEL SS3SSU r M NIGERIAN NATIONAL 5 SHIPPING LINE SPORE FOR TBN
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      481 37 f asaafill pacirc international unes (pte) ltd ]11 I 140 Cecil Street. #03-00 PIL Building, 0106. I I I SS#S> CR NO **********06 I I am ja HOO JSO AOJ AM MUK NU 48* H Si* WMM»» It/O 84/8 1/7 8/7 8/7 8/7 8/7 11/? IS/7 18H 17/7 I KOTA
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      764 37 CR WO: *****65Q000Z ye—«■ VOY m LE HAVRE HAMBURG THAMES ROTTERDAM ANTWB*£ wigo- aoo» ACQ¥/ 19/06 10/07 12/07 14/07 18/07 16/07 V'tgHYW* "MOBW 27/06 16/07 20/07 22/07 23/07 24/07 VtLEDELYRA YOOW 04/07 28«7 27/07 29/07 30/07 31/07 w i cntun a "tti* 01/06 08/08 06/08 06/06 07/06 xj ALSO ACCEPTING
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      51 39 IVISA FREIGHT SERVICES PTE LTDO Established Since 1984 OCEANIA PORTS regular GKOupage LCL CONSOLIDATION AUCKLAND SYDNEY BRISBAME IMPORT EXPORT MELBOURNE FREMANTLE SERVICES I FOR BOOKING ft SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE VISA FREIGHT SERVICES PTE LTD VISA LCL LTI> TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL: 1800-*****34 FAX: *****86 FAX:
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      1308 40 1 JL INDONESIA: P.T. SARAMA LAUT I JKT *****08 M-MWMWWWWC.OUTH.W..T I f r" 2ek B SS2?""" S l» l» SS£» SS J r> i w as srsss"" s» ss"« leasts"" ■»> I —'> V wroa f IWKWT 11. AMllllCM > AC >rift y tiuauMJiACiriC MOUTH-WEST A (/"iKmo«ssa *ot su «t
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      1576 40 AMERICAN PRESIDENT LINES, ITDri KEPPEL ROW) «08-Q1 JIT POH BUILDING SINGAPORE QBOB MAIN LINE 225-0988 CUSTOMER SERVICE 225-1225 FAX 221-4822 EAGLE VOCE 3gl»WB CFS 2706t>6« 1 TO NORTH AMERICA Ik CANADA WMEKLY CONTAHI 111 111 l fKBVC« 4 ««> j ntuunmm ftn Iwa m ja ["sT"|l««fuvoT»ot i«i imi wi wow.
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      626 41 (A WMOLLY-QWMH) SUBSBMRY OF NOL) omc4«i Atf«nt of. CoahiiHaP ft AIRFREIGHT) lr INTERNATIONAL! SP£DITK>N MAIN LINE: 278 7772 Weekly lcl consolidation INDIAN SUB-CONTINENT tr "O COLOMBO 16/06 20/06 OMTTTAQONQ 16/06 26/06 L CALCUTTA 17/06 23/06 i BOM6AY/MIW DILHI 16/06 22/06 KARACHI 16/06 22/06 i MADRAS 16/06 22/06 USA/EUROPE TO «TD
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      1583 41 Nedlloyd Lines TWO SAILINGS TO EUROPE EVERY WEEK U f#W P CR **********0R j-j tiy. p* m Aiw* u«m Brti Ham Sou lw(l) Rtm(2) L*h ....g /1235 14/6 <F) 16/6 14/6<F) 6/7 8/7 2/7 3/7 4/7 THAMES /4215 21/5 24/5 25/5 22/5 16/6 MAAS/1235 14/6 14/6 16/6 14/«H HONGKONG /2225
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      302 41 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 _.-v- < J Te«: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R If P Y.S.N. j £gf l y I 75= I IHM »8M »a/» iMitHtM 3i wg n-t\n «-a/» awiittg*M m »32fl ?£213. £HS
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      1494 42 ■nraaima U.S.A. CANADA 3 TIMES A WEEK MAERSK VANCOUVER V.9508 ETA SIN 19TH JUNE 1995 MC-KINNEY MAERSK V.9506 ETA SIN 20TH JUNE 1995 ANNA MAERSK V.9512 ETA SIN 21ST JUNE 1995 VM ETA ETD 1 DESTINATIONS nt ■MfctwtuMA Nm wmk,«TH STWNQ MG-NNNEY MAERSK V.9606 ANNA MAER» V J612 HHlilil ■■H
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      703 42 TO E CANADA US ATLANTIC US GULF LOAD**! VOY SPOfll I PJCH-ANO HALIFAX NLYORX NORFOLK N.ORLEANS SAVANNAH TAMPICO HOUSTON 0130 15/16 JUN I 28 3 AUG 10 AUG 8 AUG 14 JUL 19 AUG HOEGHnuiCE 0630 OCOBJUL 129 JUN O 16 AUG 19 AUG 22 AUG 29 AUG 25 AUG
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      397 42 VSW PHILI-OIMNT LI MS PTC LTD ®TEU *****00 (16 UNES) FAX: *****76/*****38 CR COOK: **********0H M* P. KELANO 03-*****06 JuSr PPtAWO 1# SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 15 JUNE I AUCKLANO, WELLINGTON, LYTTLETON, 20 JUNE NAPIER, CHRgTCHUBCH, NEW PLYMOUTH 19 JU« I ROTTERDAM, HAMBURG I ANTWERP, ALL EUROPE, INLAND DESDNATX)NB 19
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      851 43 m m m H Trans-Link Express Pte Ltd R Mr A WLM Singapore I I II W%M FIRST FORWARDER IN W 4# I V ASIA AWARDED ISO 9002 BY LRQA Twice weekly consolidation on tast transit time vessels /^Rv^Pv Call SANISA: *****58 l(R)/ for bookings CS3I Tel: Fax: international sca
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      1278 43 nam, jaa «rowt m jmb m m ml. mm ttp NO OCEAMA KM 12 M 13.M MM* 22M BP 1417 MO7 *717 14#7 MS LA LOWE 221S 11 M* 1101 MM SH 21H 22.H 23.M IMI '23# lIN 1101' MM* 0417 Ml 7 MO7 (217 MS THAMS42IS K M 17M
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      390 43 n fS > Mfc -JOINTLY OPERATED IY WuL ATLAS LINE, CHiTTAGONG KMTC LINE, SEOUL IWk (ATLAS SHIPPING UNES UD) (KOREA MARINE TRANSPORT CO. LTD) lP** FAR EAST JAY OF lEHGAL COHVEHTIOHAL RE6ULAR LIMEI Sfl^lC^ VmmJ Voy Sta flillli|m Wm+t n<mmi S iws n/W« Dennis* < on um/n wtw wv/n snasni
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      360 44 age ID It®. Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN Iklki. VOV bom coc B€A OLORY GLMtf 20/06 28/08 nr 207 MA» 04/07 MEKHAMIK KUHAKO MKOtN 03/07 11/07 17/07 GLORY 0LR047 13/07 21/07 Lr'inri VOY 8»N HCM HPH P4ONER K«GI 01SV06 18/06 21/06 PKJNEBIORQI 025V96 26*6 o*o7
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      107 44 SIN FAR EAST 20/6 KEELUNG/KAOHSIUNG 18/6 BANGKOK 18/6 MANILA/CEBU 19/6 JAKARTA/BELAWAN/SURABAYA 19/6 PORT KELANG/PENANG/E MALAYSIA 19/6 BUSAN 18/6 TOKYO/YOKO/KOBE/NGO/OSA 19/6 HONG KONG SIM CHINA (+H£±Wen) 19/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPEAJK 20/6 LDN/FLX/LVP/SOU 20/6 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. m USA/CANADA 19/6 LOS
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      521 44 STAR SHIPPING AGENCIES (S) PTE LTD I AGENTS FOR: ZIM CONTAINER SCTVKI GOU) STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 UNES) FAX: *****70 fcfc *****12 (MARKETING) (CR NO. **********0-0 N. AMERKA/CARIBIEAN SERVICES VBSa iWY MM lot Isav I NYC |y bbiut IB" uji mairra mr W" wr T77T
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      395 44 I I TIGER BAY 339N 15-17AJ6 2V2&06 29-01/07 I TIGER CAPE 340N 19 20A)6 »28W)6 (JM4/07 TIGER ISLANO 341N 22 2V06 2802/07 06-08/07 I TIGER BRIDGE 342N 26-27/06 02-06AJ7 10-11/07 I TIGER BAY 343N 29-01/07 *****7 1315/07 I TIGER CAPE 344N 03-0407 09-12/07 17-1807 I VESSEL VOY SIN CAL SIN
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      267 44 m UN FREM MELt IYO MICK LTTT j*| MUSSEL 347 VIM MM fi/i7 MM7 «MT' J MMTNANMI IM7 IM7 ZM7 S«7 ili KM >>v| c verolme m tam ivm «m mm tm 1 AMTWERPEK 1M 14M iM» »M> MM UM «M 1 -MAuMnO I wi Ml art hew CHI m.
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      309 45 SHIR TMESWEEK SAIJN6S: P. GUDANG/SPORE t KTA FJ matm. voy pamrouoano voy —oapooc BMUAMAKV ***** 14/06 (WED) 4064N 18/06 (THU) NMLAMAKV ***** 18/06 (THU) 4066 M 18/06FR| i KUALA BUKV ***** 17/06 (SAT) 4066N 18/06 (SU* KUALA SMK V ***** 19/06 fMM) 4067N 20/061 TUB) KUALA BMKV ***** 21AM (WED)
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      409 45 FULL CONTAINER SERVICE FROM SIN TO MADRAS vt ascuvoY era sw eta maa Ttoa bay v xmn ts-twoa 2i-as«B SCA DRAGON V OROOS9 IS-17A* JO-23/Oe PWVOLVE VJI 17-18/06 21-aaw TIGER CAPE V.340N 18-20*16 26-28/06 PESTOVO V.17 20-21/06 26-27/06 DOER I SLA NO V.J4IN 22-24/06 2+0X07 PfIAVOMSK V.21 2S-2SAJS 01-04W7 TIGER
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      275 45 xgx NEO SHIPPING "1 rr?M AGENCIES PTE LTD 'M: *****29 Fox; *****39 wmCLY FUU. /LCL CONVENTIONAL SERVICE Haphcni looding JunoU/29 July 10/27 H»(hil»tafc-3D«yilromil Laxfcng Jure 14/21 JuiylO/22 Bombay Madrcn Loading JunaM/21 July 02/06 Karachi Loading Juno 23/» Juty 07 /14 Colombo Looding Juno 19/2t July 03/10/17 WEEKLY FCL CONSOi SERVICE
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      697 45 sex: 'CALIFORNIA JUPITER 82' eta sgp 21/06/95 I II JII arriving LOS ANGELES OS/07/95 in 16 days I ■I 0 AEX:'NEPTUNE CORAL 21E'ETA SGP 22/06/93 I ARRIVING NEW YORK 13/07/93 IN 23 DAYS EXPORT MiIWIM TBI IFOWABPRKtO (OCX)TO» IKWC-CAMAEA w««t VQY HN lot OAK VAN SfT ATI CCO HOuT PIP
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      692 46 AFGHANISTAN MAM Afghanistan Ltd., ■LJH A HkJH Hairatan, Torghundi, Islamqala (Doqhamn) Iwloklvl C.1.5./RUSSIA: Alma Ata. Ashkhabad. Baku. Dushanbe, Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov. Moscow, Milltzer Munch Novosobirsk. Sochi, Tashkent. Tbilisi. Vladivostok. Vostochny Internatiofiai Forwarders Mongolia: utaan Bator N Korea: Pyongyang, Nampo express container service ■iM TO WEST COAST SOUTH AMERICA ALSO
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      541 46 |MgJ CONTAIIkIR pill; Iksss SSS P. m flHfl- (03) 3NSV77 JAKARTA; (21)t>0>107 SURABAYA. (31) 2>l <60 I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PK SIN PEN PKL SIN 5 SAILING S/WEEK G'bura/C'haflW/S'holm/Oslo 14/6 15/6 16/6 13/6 14/6 15/6 HKG/BKK/KEE/KHH Piraeus 23/6 24/6 25/6 16/6 17/6 18/6 HKG/BKK/KEE/KHH Ldn/Flx/Rtm/Ant/Ham/Loh 18/6 19/6 206
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      409 46 STRAITS/JAP AH/STRAITS SERVICC-MULTI-PURPOSE 4 RORO CARRIER SPECIALIZE m HEAVY LIFT CARGO UPTO 120 TQN* RAMP CAPACITY UPTO 50 TONS In In I UttMKKX vcsa MJi B £1 BBHUH 41 IS/4 14/* MAM l»/i KM 17/»^ NAGOTA YOKJHAMA 34/4 OSAUI/7 JOIU SfHKTtAMI 1 14/4 M/ 4 lAWA4 M/L a 1/7, BJOAI
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      138 47 REGIONAL WEATHER i 11 LEGINO: R TKirvWit Temperature o^, fm Weather Wind d*ection with speed in knots J*"*" Wove height Cloudy Sky SuritM winds ere indicated by of rows which fly with the wind I I 0 One Ml circle represents cofcn or fcght and variable winds A_ One half
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      120 48 I NOTICE I I NOTICE IS HEREBY GIVEN THAT I MR EGON AARUP JAKOBSEN I (Danish Passport No. *****7337) is no I I longer employed by South Seamaster I Shipping and Trading with their head I I office in Rotterdam with a branch I operating in Singapore. The said Mr
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