The Business Times, 30 June 1995

Microfilm: NL19994
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES WE KNOW MITA(P) 194/12/94 Friday June 30 1995 85*
    11 words
  • 2am LATEST
    • Article
      Lock icon Dow falls 17.29 points
      70 1 Reuter NEW YORK Blue-chip stocks skidded yesterday after new economic data seemed to lessen chances that the Federal Reserve will lower interest rates next week. At 2pm EDT, the Dow Jones industrial average was down 17.29 points to 4,539.50. At lpm EDT in the broader market,
      Reuter  -  70 words
  • Article
    MARKET SUMMARY
    169 1 market indices Thursday Chiogc ST1I 2,081.96 -6.55 KLSEComp 1,027.21 +2.59 Nikkei 14,507.17 -110.90 Hang Seng 9,200.13 +43.76 SET Index 1,384.68 +5.42 Jakarta Comp 491.79 +2.44 Manila Comp 2,762.37 +10.66 Taipei WPI 5,444.63 -51.25 Seoul Comp 883.9 +11.22 Bombay BSE30 ..3,289.69 -5.59 CLSA China B 768.96 -11.89 Aust All
    169 words
  • Article
    KLSE's proposed fees may wipe out margins of foreign brokers
    731 1  -  By Amy Balan SINGAPORE The Kuala Lumpur Stock Exchange (KLSE) has proposed a twotier broker-to-broker commission rate that could wipe out the margins of brokers dealing in Malaysian shares from abroad. Hardest hit could be Singapore brokers, which have been
    731 words
  • Article
    Lock icon Fed likely to cut rates next week: bankers' group
    391 1 Bloomberg Business News WASHINGTON The United States Federal Reserve is likely to cut interest rates at a meeting of policy-makers next week, an American Bankers Association panel of economists said yesterday. A majority of the group favours and expects swift Fed
    Bloomberg Business News  -  391 words
  • Article
    Nikkei hits 34-month low after Nomura institute warning
    290 1  -  From Anthony Rowley in TOKYO TOKYO stock prices hit a 34month low yesterday as a leading Japanese research institute warned that the economy was likely to fall back into recession in the second half of this year and that GDP will contract
    290 words
  • Article, Illustration
    Tony Tan's return not related to polls or BG Lee's health, says govt
    483 1  -  By Agnes Wee SINGAPORE Dr Tony Tan's return to Cabinet is related neither to BG Lee Hsien Loong's health nor any move to beef up the team to prepare for a general election, a statement from the
    483 words
  • Article
    Dr Tan hopes to inject private sector perspective
    485 1  -  By Quak Hiang Whai SINGAPORE Helping the government to be more aware of how the private sector feels about issues such as costs or government regulations is one role Dr Tony Tan hopes to play when he relinquishes his chairmanship at OCBC
    485 words
  • Article
    Bank Negara appoints OCBC M'sian chief as deputy governor
    106 1 SINGAPORE The central bank of Malaysia has appointed the Malaysian country chief of OCBC Bank as its new deputy governor. Pong Weng Phak, a director and chief executive officer of OCBC Bank (Malaysia) Bhd, will take up hU appointment on July
    106 words
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      82 1 i s- I Etonie GROUND CONTROL Technology Innovation Performance BT Online Look us up at http:// wwwjsia 1 .com.sg/biztinies Nan Ctapaates S"pore News 2 S"pore*s» 27.28 Reporta! New 3-7 fmancai 31.32 World News 26 Fubvts MarlMts Analysis 25 Oob/KISE. S£S *38 Editorial 24 Regional -34 Sports 20-21 World 35 TVAitetyte
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      33 1 Advertising: Pg 10 New local admen make waves Thai elections 1995 With the country going to the polls on Sunday, BTs Bangkok correspondent examines the groundswell of Thai electoral politics Analysis, Pg 25
      33 words
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      26 1 JL O Hock lj>ck Siew: p* 27 Mancon on the fast track Japan hails car accord with US as victory in upholding free-trade principles, Pg 26
      26 words
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      10 1 Bottom l.ine: Japan's financial system heading for conflagration, pg 26
      10 words
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      39 1 Bottom Line: pk 26 Japan's financial system v .N: 1 Mmt Mm 1 Ermenegildo Zegna Boutique: Ngrr Ann City #01-07. Tel: 735 8147 Marketing Wi.m. Airi., #02-2 1/23. Tel: 732 8959 Corner: Isetan Srolts, Level 3. Tel: 735 0539
      39 words
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      Page 1 Advertisements Column 6
      23 1 SledgerS MADE IN FRANCE Petite Dept. Store. Galeries Lafayette and Selected Retail Outlets S'pore, Jakarta to jointly plan, implement tourism strategy pg 2
      23 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Home is where the growth is
        312 2  -  By Ven Sreenivasan THE SINGAPORE economy remains largely homebased despite strong growth in direct overseas investments by local companies, according to figures compiled by the Department of Statistics. While gross national product has grown at an annual compounded rate of more than 10 per
        Source: OCBC  -  312 words
    • Article, Illustration
      Lock icon S'pore, Jakarta to jointly plan, implement tourism strategy
      506 2  -  By Agnes Wee SINGAPORE and Indonesia will work out and implement a plan over the next two years to promote and market Singapore plus an Indonesian destination to woo more tourists to the two countries through the establishment of a joint marketing
      Photo by Arthur Lee  -  506 words
    • Article
      Galaxy Shopping Centre goes up for auction today
      336 2  -  By Abdul Hadhi THE GALAXY Shopping Centre in Geylang Serai, which has permission to change its use to office purposes, has been put up for sale by auction. Market watchers said the freehold property will attract competitive bidding at the auction today,
      336 words
    • Article
      Sega, Safe and HK group to set up virtual reality park
      187 2 JAPANESE electronics giant Sega is tying up with Singapore and Hongkong partners to develop a high-tech theme park in Singapore. An agreement will be signed next week between Sega Enterprises and its partners Safe Enterprises and Hongkong-listed The Grande
      187 words
    • Article
      Local firm signs deal with US hotel franchisor
      382 2  -  By Michelle Low AMERICAN lodgings provider Hospitality Franchise Systems (HFS) has signed a master licence agreement with Singapore-incorporated Hospitality System Asia-Pacific (HSA) to franchise two chains of mid-market hotels throughout Asia. HSA plans to eventually open 100 Super 8 motels and Howard
      382 words
    • NEWS ROUNDUP
      • Article
        Medisave cap for insurance premiums
        54 2 FROM July 1, the use of Medisave for approved medical insurance schemes will be subject to a cap of $660 per person per year, the Ministry of Health says. The cap is a safeguard to prevent premature depletion of Medisave, which is primarily intended for
        54 words
      • Article
        Tender for Aug COEs opens tomorrow
        62 2 THE August tender for Certificates of Entitlement will open on July 1 and close on July 7, says the Registrar of Vehicles. The total quota available for the tender will be 3,837 vehicles, including 252 in category one (cars 1,000 cc and below), 1,348
        62 words
      • Article
        New access code for IDD calls
        74 2 FROM July I, Singapore Telecom will introduce a new access code for its International Direct Dialing service. The new code, "001", will replace the current "005". IDD users should dial "001", followed by the country and area codes, and telephone number. The "004" code
        74 words
      • Article
        Tenders for child care centres
        47 2 THE Housing and Development Board will invite tenders today and tomorrow for seven new child care centres on HDB void decks in Woodlands, Ang Mo Kio, Bedok, and Jurong West. Interested parties can call the Ministry of Community Development at 1800-258 5812.
        47 words
      • Article
        SPH's wall of charity
        99 2 SINGAPORE Press Holdings yesterday unveiled a clay mural put together in two months for charity. The mural, made up of 2,144 pieces decorated by SPH staff and put together by renowned local artist Iskandar Jalil, raised $21,500 for the National Council of Social Services' Community Chest.
        99 words
    • Article
      S'pore set to become Asia-Pac gateway for S Africa: expert
      389 2  -  By Kevin Sullivan SINGAPORE is set to become the gateway for South African investment in the Asia-Pacific, said a visiting South African consultant yesterday. Omega Investment Research managing director Denis Worrall said: "South African companies are interested in what they
      389 words
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      893 2 I Search for the 1 I sunken city? Get movinglfl I Call Usborne 1 I Puzzle Adventures 1 on 1900-910-0002, 1 at 30 cents a minute. 1 00 CHEMICAL Chemical Banking Corporation and Subsidiaries 4nna Head Office: 270 Park Avenue, New Yofk, ***** 2036. Consolidated Balance Sheet Consolidated Statement of
      893 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Manila ready to junk IMF plan if money supply capped
      403 3 Bloomberg Business News MANILA Central bank governor Gabriel Singson said the Philippines is willing to junk an economic programme negotiated last year with the International Monetary Fund if the country is not allowed to increase its money supply. "Rather than
      Bloomberg Business News  -  403 words
    • Article
      Lock icon Indonesia preparing Natuna defence plan in wake of China claims
      221 3 AFP JAKARTA Indonesian security authorities are preparing a defence plan for the Natuna islands in the South China Sea after some surrounding waters showed up as Chinese territory on an official Chinese map, press reports said yesterday. "The defence and
      AFP  -  221 words
    • NOTEBOOK
      • Article
        Lock icon Indon pat on back for Cambodia
        56 3 AFP PHNOM PENH Indonesian foreign minister AU Alatas yesterday praised Cambodia's progress towards reconstructing the country and establishing democracy. Mr Alatas also said Indonesia looked forward to stronger economic and commercial links with Cambodia and that it welcomed the country's eventual entry to the
        AFP  -  56 words
      • Article
        Lock icon Manila ambassador under probe
        66 3 AFP JERUSALEM The Philippines ambassador is facing an inquiry by Israel's foreign ministry and government about financial impropriety, including exporting diamonds, the Jerusalem Post said yesterday. The daily said officials, businessmen and private individuals had complained about Rosalinda Perio Santos' actions, alleging she pocketed donations to
        AFP  -  66 words
      • Article
        Lock icon Jakarta sees no reason to apologise
        87 3 AFP JAKARTA The Indonesian foreign ministry said yesterday that it saw no reason for its ambassador designate to Australia to apologise for a remark after the 1991 Dili massacre in East Timor. The ministry said although the remark could be "misinterpreted", it was "uncontroversial"
        AFP  -  87 words
      • Article
        Lock icon Vietnam, Iraq hold economic talks
        82 3 Reuter HANOI Iraqi vice-president Taha Yassin Ramadan held talks on economic cooperation with Vietnam here yesterday and is scheduled to meet the communist country's top leaders, Vietnamese officials said. The two countries will sign agreements today before Mr Ramadan, who is also foreign minister and
        Reuter  -  82 words
      • Article
        Lock icon Chinese defence minister in Bangkok
        42 3 Reuter BANGKOK Chinese Defence Minister Chi Haotian arrived in Bangkok for a six-day official visit yesterday, a Thai defence ministry official said. Mr Chi was scheduled to hold discussions with his Thai counterpart, Vijit Sookmark, this morning
        Reuter  -  42 words
    • Article
      Lock icon Indon exports may hit US$100b by 2003
      274 3 AFP JAKARTA Indonesian export earnings are estimated to reach US$lOO billion (S$ 139 billion) by the year 2003, although current export growth is below earlier predictions, a minister has been quoted as saying. Trade Minister Satrio Judono said in a parliamentary hearing on
      AFP  -  274 words
    • Article
      Lock icon Thailand may raise inflation forecast
      498 3 Faster-than-expected growth may make review necessary Reuter BANGKOK The Bank of Thailand said yesterday it will review its 1995 economic projections next week amid growing signs it may be forced to raise its inflation forecast because of faster-than-expected growth. "Economic activities picked up with the
      Reuter  -  498 words
    • Article
      Lock icon Illegal workers in M'sia must leave
      250 4 Thousands of temporary work permits expiring today will not be extended AFP KUALA LUMPUR Malaysia is not extending temporary work permits for thousands of foreign workers who entered the country illegally, saying they were causing increasing social and security problems. A report yesterday said
      AFP  -  250 words
    • Article
      Lock icon Govt to get progress reports on KL airport
      137 4 Bernama KUALA LUMPUR The Malaysian Cabinet will get a report every 45 days on the progress of work at the new Kuala Lumpur International Airport (KLIA) at Sepang to ensure that the schedule is maintained for the September 1997 target date. Works
      Bernama  -  137 words
    • Article, Illustration
      Lock icon A little girl's losing battle
      65 4 AFP MANILA Her fragile body losing the battle against Aids, six-year-old Joanne reaches out for a glass of water at a hospital ward for HIV patients here. The girl, whom the hospital wished only to be known by her Christian name, is one of only
      AFP  -  65 words
    • Article
      Lock icon US envoy calls for more competition in Indon economy
      196 4 Reuter JAKARTA The United States ambassador to Indonesia, Robert Barry, has called for a loosening of the structure of the country's domestic economy to allow more competiit"- <sinirtui-i» of ened to allow more competition and more participation by a wider segment
      Reuter  -  196 words
    • Article
      Lock icon Thailand urges Asean to unite on MFN issue
      218 4 Oona-TNA BANGKOK Thailand has urged Asean members to unite and hold talks with the US over its threat to withdraw a concession on service trade to developing countries under the Most Favoured Nation (MFN) programme, a senior Thai official said here. Disclosing
      Oona-TNA  -  218 words
    • Article
      Lock icon No need for new laws on compensation for power disruptions: KL minister
      234 4 AFP Bermama KUALA LUMPUR The question of enacting laws to enable consumers to be compensated for losses caused by power disruptions does not arise, Malaysia's Energy, Telecommunications and Post Minister said yesterday. The existing laws allowed individuals and
      AFP; Bermama  -  234 words
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      80 3 EVEN SOMETHING AS INTANGIBLE AS QUALITY CAN HAVE PROOF OF DELIVERY. svw; A Founder Sponsor CONGRATULATIONS, TEXAS INSTRUMENTS SINGAPORE, ON WINNING THE FIRST SINGAPORE QUALITY AWARD. Boating 18 other companies, it bagged this award for delivering consistent quality. Not just in its products, but also in its responsiveness to customer
      80 words
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      902 4 f 1 GARAVENTA STAIR-LIFT CONFIDENCE ON THE STAIRS ENJOY A HAPPY LIFE Allow you to g ide upstairs or% downstairs in c omplete safety, f Can be fitted to straight or curved staircases. JZ Can be foldec neatly to leave the I stairway clear when not in use. 1 V;
      902 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon HK chamber worried at rising costs, urges more labour imports
      371 5 Reuter HONGKONG The Hongkong General Chamber of Commerce has voiced concern about the strain of rising business costs on small and medium firms. The chamber released a survey of its members that found wages, rents, business service charges and government
      Reuter  -  371 words
    • CHINA WATCH
      • Article
        Lock icon Bank forecasts 5.6% growth for HK
        80 5 Reuter HONGKONG Hongkong's gross domestic product should be able to maintain a modest growth of 5.6 per cent in 1995, but high rentals coupled with a weak US dollar will cause local inflation to stay at 9 per cent, said Bank of East Asia
        Reuter  -  80 words
      • Article
        Lock icon China uncovers more coal reserves
        61 5 Reuter BEIJING Chinese geologists have discovered additional reserves in one of the world's largest coalfields, with total deposits of two trillion tonnes, the Xinhua news agency reported. The coal was in the Ordos Basin, which covers an area of 400,000 sq km in Shaanxi, Gansu,
        Reuter  -  61 words
      • Article
        Lock icon Shanghai's industrial output rises
        84 5 Reuter SHANGHAI Shanghai's gross industrial output value was 199.5 billion yuan (5J33.3 billion) in the first five months of this year, up 18 per cent from the same 1994 period, the Xinmin Evening News yesterday quoted official figures as showing. Light industry output value was 92.1
        Reuter  -  84 words
      • Article
        Lock icon Rockslides in Three Gorges
        51 5 AFP BEIJING China is seeking to secure rocks in two "danger zones" in the Yangtze River's Three Gorges, warning that landslides could seriously hit water transport and local livelihoods, Xinhua news agency said yesterday. Some 14 rockslides had already occurred within the zones, the agency said.
        AFP  -  51 words
    • Article
      Lock icon China cuts tax rebates on exports
      153 5 Bloomberg Business News BEIJING From next month, China's value-added tax rebates on exports will be cut from 17 per cent to 14 per cent, according to the State Council. Details are in the latest edition of the official gazette of the Ministry of Foreign
      Bloomberg Business News  -  153 words
    • Article
      Lock icon Hongkong will be test case, Taiwan tells China
      315 5 Reuter TAIPEI Taiwan yesterday warned China that its handling of Hongkong after the British colony reverts to Beijing's rule in 1997 will be a test case for relations between this island and its political arch-rival. Vincent Siew, Taiwan's top policymaker on China,
      Reuter  -  315 words
    • Article, Illustration
      Lock icon Speed appeal
      37 5 Reuter SHANGHAI Visitors to Auto Shanghai *95 milling around the Ferrari stand yesterday. The US$4OO,OOO (*****,000) 348 TS, probably the most expensive car on display at the motor show, was a natural crowd puller. Reuter
      Reuter  -  37 words
    • Article
      Lock icon China-Taiwan trade up 43% in first four months this year
      289 5 Bloomberg Business News AFP TAIPEI Indirect trade between Taiwan and China in the first four months of this year jumped 43 per cent from a year earlier to U556.69 billion (559.32 billion), the Board of Foreign Trade (BOFT) said yesterday.
      Bloomberg Business News; AFP  -  289 words
    • Article
      Lock icon Murdoch plans printing joint venture with People's Daily
      344 6 FT BEIJING Rupert Murdoch, in his second thrust into China in as many weeks, is planning a printing joint venture with People's Daily, the Chinese Communist party newspaper. The venture, which would involve printing magazines and advertising material, would be aimed at
      FT  -  344 words
    • Article
      Lock icon Beijing urges Tokyo to pay wartime compensation to Chinese citizens
      391 6 AFP BEIJING China yesterday called on Japan to pay "the necessary compensation" to Chinese individuals forced into enslavement by Japanese militarists during World War 11. Foreign ministry spokesman Chen Jian made the appeal when asked about Beijing's attitude to II
      AFP  -  391 words
    • Article
      UK and China strike financing deal for HK airport, railway project
      267 6  -  From Steve Vines in HONGKONG BRITAIN and China will formally announce today that they have finally struck a deal on financing arrangements for Hongkong's HKSISO billion (Ss27 billion) airport and railway project. The deal, concluded last night, ends four
      267 words
    • Article, Illustration
      Lock icon Patten on parade
      52 6 Reuter HONGKONG Alice Patten, daughter of Hongkong governor Chris Patten, rehearsing on the catwalk before a modelscouting contest yesterday. The Elite Model Look contest will feature cover-girl hopefuls in clothes created by top local designers for a charity fundraiser. Supermodel Linda Evangelista is among the panel of
      Reuter  -  52 words
    • Article
      Lock icon Hongkong visible trade deficit up HK$l6.7b in May
      194 6 AFP HONGKONG Hongkong's total exports rose 25 per cent from a year earlier to HK$ 116.7 billion (Ss2l billion), the Census and Statistics Department said yesterday. The value of re-exports in May jumped 27 per cent to HK596.6 billion, while domestic exports
      AFP  -  194 words
    • Article
      Lock icon Bronze statue of Deng mounted in Tiananmen
      132 6 Reuter BEIJING A larger-than-life bronze statue of Deng Xiaoping, China's paramount leader and "chief architect" of its economic explosion, is being installed in a Tiananmen Square museum. Officials said yesterday that the statue portrayed the leader in 1992 during his barnstorming tour of
      Reuter  -  132 words
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      56 5 HHSprQ|^H§&. MMBfc •< jTIiiS^MKKa»-inM* h „7^BSMHB^BBI/aSE-v *-?m+\ JJkf i TCt^niTP < Pii*Mj 4f w irt *s/* -*e >:w< J *X'*'*?*- V-* -v. S* You're having this really interesting conversation when some guy you've never seen before walks into the room. And suddenly everybody stops listening to you and looks at
      56 words
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      164 6 ■Are ingenious way to lift your profits m-** ||5j The Heeren will be a centre every dreams two grabbing frontages. Guaranteed internal x A J9yk Jfc* secondary corridors where unseen retailers V* i languish. Constant activities in a one-of-a-a X. kind atrium to pull in heavy shopper traffic. ¥M- Km.
      164 words
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      Page 6 Advertisements Column 2
      12 6 Sino-UK pacts on HK airport any day now, Shipping Times, Pg 20
      12 words
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  • ASIA
    • Article
      Lock icon Lower-tier wins by S Korea's opposition cap sweeping victory
      448 7 Reuter SEOUL South Korea's opposition parties, which snatched control of most major cities and provinces, also scored sweeping victories in lower-tier elections, poll officials said yesterday. In Seoul, home to a quarter of the country's 44 million population, the main opposition
      Reuter  -  448 words
    • Article, Illustration
      Lock icon Seoul building collapses, fire breaks out
      48 7 Reuter SEOUL About half of a luxury department store building in southern Seoul collapsed yesterday during the afternoon rush hour. At least 34 people were killed and hundreds injured. A fire early this morning could seal the fate of those trapped. Reuter
      Reuter  -  48 words
    • Article
      Lock icon NZ inflation to breach govt target: central bank chief
      135 7 Reuter WELLINGTON Reserve Bank of New Zealand governor Don Brash, reputed to be one of the world's toughest inflation tamers, yesterday admitted that inflation would break the government-imposed target of zero to 2 per cent. The central bank, in its six
      Reuter  -  135 words
    • Article
      US-Japan car accord not end of story yet, says US academic
      367 7  -  By Harish Mehta SINGAPORE The US-Ja-pan agreement on cars and car parts is not the end of the argument, and the differences will continue to exist in this, and other, economic areas, said a visiting American academic yesterday. One
      367 words
    • Article
      Lock icon Aussie business groups urge govt to do more to narrow current account deficit
      230 7 Reuter CANBERRA The Australian government must do more urgently to bring the current account deficit back to sustainable levels, six of the country's largest business groupings said in a joint statement yesterday. "Business acknowledges that the federal
      Reuter  -  230 words
    • Article
      N Territory cannot just rely on proximity to Asia: study
      275 7  -  By Donald Turner SINGAPORE Australia's Northern Territory has failed as a "bridge to Asia" and cannot rely on its proximity alone to become part of the region's major trade and traffic flows, a report commissioned by the Australian government said
      275 words
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      526 7 You've finally signed the contract. The missus is beaming. The headhunter is smiling. And you've got yourself the parking lot **^7^ you ve always dreamt of. *hh «mm mm m mmm «mm mmm mmm m m b Now. the big question: what are you going THE FUTURE BELONGS V v
      526 words
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  • FOCUS
    • Article, Illustration
      Lock icon Merely a ceasefire or end of trade wars?
      1292 8  -  Resolution of US-Japan trade dispute From Leon Hadar in WASHINGTON WHILE both Washington and Tokyo are trying to put their own particular news spin on their Geneva accord to protect their political base at home the Americans stressing the "measurable" aspect of
      Reuter  -  1,292 words
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      143 8 AT $190 We Offer The best PACKAGETO The U.S. If you have a shipment to the U.S., UPS have got the perfect package. Just look at the contents: Only 190 for expedited shipments between 10 30kg* anywhere in the United States. Delivery to more addresses in the U.S. than any
      143 words
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  • ADVERTISING & MARKETING
    • Article
      Lock icon EMI music library goes on-line
      402 9  -  Sharmila Devi provides a glimpse into IBM's new digital database Sharmila Devi UPI COMPUTER company International Business Machines (IBM) announced a deal with EMI music publishing on Wednesday to make EMl's large library of recorded music available on computer through an on-line digital database. The
      UPI  -  402 words
    • Article, Illustration
      Lock icon Intercontinental goes all out to leave its mark on S'pore hotel scene
      594 9  -  Small details can mean a lot in the hotel industiy. The Intercontinental tells Michelle Low why Michelle Low WITH three weeks to go before opening, the Hotel Intercontinental is sparing no expense in putting its best foot forward.
      Photo by Chris Loh  -  594 words
    • Article, Illustration
      New local admen make the big boys sit up
      924 10  -  1 fi r Competition for big accounts hots up. Chan Siew Ling weighs the newcomers' chances and stamina Chan Siew Ling tHE tussle between the "home-grovm new breed" and the big boys in the advertising industry reeks of the recent "Kiss
      924 words
    • Article
      Lock icon NBC sells US$600m in Olympic ads
      243 10 Bloomberg Business News NBC has sold US$6OO million (SsB4o million) in ads for the 1996 Summer Olympics, a 20 per cent increase over the US$5OO million the network got for the 1992 summer Olympics in Barcelona. The advance ad sales, called upfront sales, are
      Bloomberg Business News  -  243 words
    • COPY LINES
      • Article, Illustration
        Hour Glass showcase at Takashimaya
        58 10 SINGAPORE The Hour Glass will showcase 30 Swiss watch brands at Ngee Ann City's Takashimaya Square at the end of July. Hour Glass housebrands on show include Cerutti 1881, Daniel Roth and Gerald Genta. The Quality Time Collection will also feature other brands like Guess,
        58 words
      • Article
        BBDO appoints new media director
        66 10 SINGAPORE BBDO Singapore has appointed a new media director, Gan Boon Guan, formerly with Ogilvy Mather, to be in charge of all media operations. BBDO clients in Singapore include Visa, Federal Express, Sara Lee, Silk Air and ABC Stout. A member of the BBDO worldwide
        66 words
      • Article
        Lock icon HK to ban sexist ads
        58 10 AP HONGKONG Sexist advertising will be outlawed in Hongkong under a law passed yesterday. The Sex Discrimination Bill, passed after a marathon debate in the 60-member legislature, outlawed sexist bias, advertising and harassment. It was among reforms legislators have demanded to buttress civil liberties before
        AP  -  58 words
      • Article
        Lock icon Grand Metropolitan in spirit venture
        71 10 Bloomberg LONDON Grand Metropolitan pic said its drinks and spirits unit has formed a joint venture with longtime partner Remy Cointreau SA to make, market, and distribute the French aperitif, Picon. Remy Cointreau, the maker of Krug champagne and Remy Martin cognac, has been making
        Bloomberg  -  71 words
      • Article
        Lock icon Ads for bingo operators?
        62 10 Reuter LONDON Rank Organisation pic chief executive Michael Gifford said the company is pressing the British government to allow bingo operators to advertise. The introduction of the National Lottery scratch card in March has hurt Rank's bingo operations, with admissions in the first 31 weeks of
        Reuter  -  62 words
      • Article
        Lock icon Interactive shopping services
        104 10 Reuter NEW YORK Time Warner Cable Programming said it has created the Digital Marketing Group (DMG) to develop, produce, and distribute interactive shopping and other services for a variety of electronic media. DMG will also work with major marketers and advertising agencies to create advertising specifically for
        Reuter  -  104 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      271 9 BUSINESS DEVELOPMENT MANAGER Required by one of Singapore's oldest advertising agencies. To head our new business development unit. The successful candidate must be able to lead a team in hunting and pitching for new business. At least 3 to 5 years experience in advertising with good business contacts. Please send
      271 words
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      168 10 PROMOTION NOW IS THE CHANCE TO OWN AN EXQJJISITE OFFERMANN WALLET FOR ONLY $150* During the promotion period from now till end of july t v in iu/ J/yEIr #9156 Calf Six Two SECRET POCKETS FOR Name card Two compartments. Coins compartment. One-year REPLACEMENT GUARANTEE IN CASE OF THEFT. f
      168 words
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      509 11 gspp^^^^' In a rover 600, some ideas ABOUT PASSENGER CARE HAVE REMAINED VIRTUALLY UNCHANGED. The sheer joy of being transported in a Rover is experience equally smooth, quiet and effortless. one of the few riding experiences left in the world that Pressure on the accelerator elicits the timeless hasn't changed
      509 words
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      603 12 Message from Group Managing Director, Regional Container Lines The launching of Anan Bhum marks the beginning of a new phase in RCL's fleet renewal and upgrading W programme. Purpose-built at Singapore Technologies Shipbuilding Engineering (ST SE), the high specification Anan Bhum will accommodate anticipated increase in feeder slot demand and
      603 words
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      104 13 We take pride in serving RCL at Port Klang KLANG PORT CONTAINER TERMINAL E Operated By KELANG PORT MANAGEMENT SDN. BHD. A KELANG PORT MANAGEMENT SDN. BHD. /J Jalan Parang, North Port ***** Port Klang Mail Bag 250,***** Port Klang, Selangor, Malaysia Tel: 03-*****11 Fax: 03-*****75 jMHTT. ALLIED CONTAINER SERVICES
      104 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      188 14 K International Courtaulds Coatings beng Kuang Marine PteLtd Singapore Pte Ltd f l Marine, Yacht, Industrial, Packaging Protective M 1 BENG KUANG MARINE PTE LTD Coatings, Manufacturer Distributor I 876 Upper Bukit Timah Road, Singapore 2367 H Tel: *****60,*****34 Fax: *****61 9 3 Neythal Road, Jurong Town I 8 I
      188 words
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      200 15 W MARINE ELECTRONICS I SINCE 1968 W I K II Representing: Auramarin Feeder Booster Module 4 I S 11 MKK Fuel Lube Oil Purifier > I APV Baker Plate Heat Exchanger Distiller ■II Lanng Stelman Control System I 9INDUSTMARINE ENGINEERS PTE LTD CODAR (PTE.) LIMITED U Blk 12 Unit 3
      200 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      128 16 BL42MC Two-Stroke Propulsion Power harding-watercraft HARDING-WATERCRAFT (F.E.) PTE LTD f MAN 20 MacTaggart Road #08-02 Khong Guan Industrial Building Singapore 1336 m mm m■ Tel: *****67 Fax: *****31 I DULWW I Tlx: RS ***** TMSR TM No: 6209 I MAN B&W Diesel (Singapore) Pte Ltd Tel: *****01 Fax: *****09 M
      128 words
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      106 17 PELABUHAN MALAYSIA I ■k1 U J KUANTAN PORT AUTHORITY P.O. BOX 161 KVAERNER SINGAPORE PTE LTD ***** Kuantai.Pahan^ Malaysia N. 15 Benoi Crescent, Jurong, Singapore 2262 Tel: 09-*****01 Fax: 09-*****66 Tlx. PLARA MA ***** Tel: *****66 Fax: *****11 Tlx: RS ***** KVAERN A SCANWIN ENGINEERING PTE LTD ''lIJBk. No. 16
      106 words
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      185 18 J\ The Sign of Service ESSO SINGAPORE PTE LTD 1 Raffles Place Singapore 0104 Tel: *****57 W Tlx: RS ***** Cable: ESSOSIN •••••••••••••••••••••••••••••••••••••••••••••###**< ZIRCON ENGINEERING PTE LTD M 14 Arumugam Road #04-03 Teck Chiang Realty Building Singapore 1440 i i Te1:*****37 (6 Lines) Fax:*****39 l/fl HWA HONG machinery co. pte
      185 words
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      364 19 TRANSAMERICA W J 1 More Than Ever, Your Global Advantage. S3II I 1 TRANSAMERICA LEASING INC. —Qr I S.E. Asia Representative Office Jni f 10 Collyer Quay #19-05 Ocean Building Singapore 0104 Tel: *****55 Fax: *****02 Tlx: ICSPORE R*****5 SEIHO MACHINERY ELECTRIC CO PTE LTD SINSPEC CONTAINER MANAGEMENT /W J
      364 words
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  • SPORTS
    • Article
      Lock icon PASSING SHOTS
      249 20 AP Imported Success: The results and the reviews were mixed for the home team on Wednesday at Wimbledon. The Centre Court crowd wasted no Ume i ngto Rusedski, playing'his first Grand Slam under his new British passport, as he ousted No 16 Guy Foraet, 1-6,7-6 (1-517-6 (7-4 X
      AP  -  249 words
    • Article
      Lock icon Edberg crushed by unknown giant, Courier also out
      478 20 Wimbledon Reuter AP WIMBLEDON, London The alarming decline of Stefan Edberg continued apace yesterday as his former rivalry with Boris Becker began to look like ancient history. While Becker's star continued to shine, Ed berg's looked to be all but extinguished as
      Reuter; AP  -  478 words
    • Article, Illustration
      Lock icon Go ahead, Shuzo, make our day
      55 20 AFP WIMBLEDON Young fans with words 'Must Win' on their headbands watching Japanese player Shuzo Matsuoka play against Mark Knowles of the Bahamas during the third day of Wimbledon Lawn Tennis Championships on Wednesday. Matsuoka beat Knowles 6-1, 6-4, 6-2 in the second round
      AFP  -  55 words
    • Article
      Lock icon And the answer to that question is...
      589 20 AP WIMBLEDON Is this Two Per Cent Solution the answer? Make the tennis balls 2 per cent softer when playing on grass, and it will forestall the howling monster that is Goran Ivanisevic's serve? ("They can put in water balls; it doesn't matter,"
      AP  -  589 words
    • Article, Illustration
      Lock icon Nicklaus sets sights lower and aims for US Senior Open title
      330 21 Golf AP BETHESDA, Maryland Jack Nicklaus had thoughts of winning the US Open two weeks ago after opening with a 71. Then he had his worst round of the year, a humbling 81, and missed the cut. This week,
      AP  -  330 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        236 21 AFP AFP NEW YORK Shaquille O'Neal's challenge to face rival Hakeem Olajuwon in a one-on-one match-up was merely an advertising gimmick Sot US last-food restaurant. Nigerian-bom Olajuwon, who led (Tie Houston Rockets to a second straight NBA title, began filming a television commercial here on Wednesday with O'Neal, whose
        AFP  -  236 words
      • Article, Illustration
        Lock icon Baseball
        91 21 AFP NEW YORK Hideo Nomo. the Japanese pitcher causing a sensation in the major leagues, just keeps getting bigger in his native land. When the 26-year-old plays against the Colorado Rockies in Los Angeles this morning the game will be shown on big-screen televisions throughout Japan, Major League Baseball
        AFP  -  91 words
      • Article, Illustration
        Lock icon Boxing
        143 21 AFP LOS ANGELES George Foreman will give up his International heav> weight title rafWfthan eve German Axel SchuLza renmcn. Foreman, who won the IfiF and the World Boxing Association titles last November when he knocked out Michael Moorer, would be left without a major title. He was stripped of
        AFP  -  143 words
      • Article, Illustration
        Lock icon Cricket
        87 21 Reuter OXFORD West Indies put the less demanding Combined Universities' attack to the sword on Wednesday. Cad Hooper (118), fellow opener Stuart Williams (114) and Jimmy Adams (114) led the way as West Indies piled up 493 for four by the close on the first day of their three-day
        Reuter  -  87 words
      • Article, Illustration
        Tennis
        145 21 WIMBLEDON US$9.6 million Wimbledon 2nd rd on Wednesday (seeds only) Men; 2-Pete Sampras (US) b Tim Henman (GB) 6-2 6-3 7-6 (7-3); 4-Goran Ivanisevic (Cro) b Jonathan Stark (US) 6-4 6-2 7-6 (7-5); 6-Yevgeny Kafelnikov (Rus) b Bemd Karbacher (Ger) 6-4 6-4 7-5; 14-Todd Martin (US) b Daniel Nestor
        145 words
      • Article, Illustration
        Cycling
        193 21 PARIS Tow de Kranee itinerary; ■July Prologue: St Brieuc, indivkfual time trial (7.3 km) July 2 Ist stage: Dinan-Lannion (233.5 km) July 3 2nd stage: Perros Guirec-Vitre (235.5 km) July 4 3rd stage: Mayenne-Alencon (team time-trial 67 km) July 5 4th stage: Alencon-Le Havre (162 km) July 6 sth
        193 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      120 20 Everyone who prefers the Audi has different reasons for doing so. But they all agree that it is a technologically superior car. In fact, the Audi A 6 is so advanced, it comes with a three year warranty on spare parts and maintenance, and a ten year warranty m on
      120 words
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      1381 21 J PPL 1 I Bank Brussels Lambert I H Incorporated in Belgium (All figures quoted in thousands Belgian francs) H I Consolidated Balance Sheet Consolidated Income Statement I ASSETS 31.12.1994 31.12.1993 INCOME 1994 1993 H H Cash and balances at Interest receivable and similar H central banks and post office
      1,381 words
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      Page 21 Advertisements Column 2
      701 21 ARAB BANK PLC (Incorporated in Amman, Jordan) End 1994 End 1993 Conversion rata of the U.S. Dollar against the .11 i M .li f| Jordanian Dinar far consolidation purposes JDOne- U551,427 U551,420 Balance Sheet as of 31 December 1994 and 1993 Profit And Loss Statement for the years ending 31
      701 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      386 22 The World's i i i i Favourite Beer, where to wine, dine and entertain L WORLD S LARGEST SELLING B6ER J a 5 -4* v -J* y TH€ MOST AUTHOmC ITALIAN PASTA PIZZA IN TOWN Jk t^vmcammio PASTA PRESU DA SALVATORI fit 77 Upper East Ca«t lead #01 -01/tn 5(1545)
      386 words
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      Page 22 Advertisements Column 2
      245 22 Local Favourites At The Boulevard's Cafe Carousel (28 June 18 July 1 !!!».">) Available from Monday to Friday Chicken Rice Wanton Noodles Bak Kut Teh Fried Hokkien Mee Nasi Lemak At Only $6 Lach I •Subject to 10% tenrice charge It prevailing government taxei. including GST J4 <%0W »«■«> BOULEVARD
      245 words
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      Page 22 Advertisements Column 3
      292 22 "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese all-time favourites performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm 8 pm, with one for one standard drinks. Club 5. It's the place for good old fashion fun. Plaza Hurf^
      292 words
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      Page 22 Advertisements Column 4
      266 22 ra J j_ =^^51 Jancy 'Beijing? 7Hen, we're delighted to suggest tfie fine Court for a memorable dining experience. Our lunch menu offers a variety of dian %in "Beijing dumplings, a selection lIQiTT of set menus, and Beijing specialities fl/n/V such as Beijing "Ducki, Balked Tench and KftQMCMMT; !Marinated Lamb.
      266 words
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  • LIFESTYLE
    • Article, Illustration
      Smoke signals
      777 23  -  Wayne Wang tells Susan Tsang about his latest movie Smoke and his other works past, present and future Susan Tsang HE'S A CHINESE film director who has made his name in the independent scene. His first movie cost U5522,000 (S$ 30,800) in 1982. His latest release, Smoke, cost
      777 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      370 23 WHERE TO WINE, DINE AND ENTERTAIN Authentic Thai rQ"k. jjX V, Ji^KmSHh^?*v®s^' Wesemthebat'niaj food ia Una. mutofullj prepared by international award winning Thai chef. rt*-, *«■«,s-« mnj) PARKWAY THAI RESTAURANT SO Mann* Parada Road. MS-00 Padiway Parada. 8<1544)T«i: 345 8811 170 Orchard Road. (09-9M2 Carrtrapctnt, S(0023) Tat: 737 0000. A
      370 words
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      Page 23 Advertisements Column 2
      90 23 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your body... makes you £3 feel good! ffl Tsingtao, it's
      90 words
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      Page 23 Advertisements Column 3
      20 23 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003* J* at 30 cents a minute.
      20 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1239 23 I TV RADIO Ring Of Fire II: Blood And Steel, B *M 8.20pm, Ch 5 Vjl Don Johnny steps a ber dies, the gang blames Johnny. So he kidnaps the good doctor's girlfriend. Moon Over Parador, 9pm, TV 2 Richard Dreyfuss is While shooting in Parador, he ->^*v^ Raul Julia,
      1,239 words
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  • Article, Illustration
    No election upset foreseen despite hostage fiasco
    777 24  -  But TV blitz could sway voters in Russia's December polls, reports John Helmer John Helmer The writer is BT's Moscow correspondent RUSSIAN President Boris Yeltsin's in-house forecaster claims there will be no surprises in this year's election campaign despite the daring commando raid
    777 words
  • Article
    Not a deal to shout about
    573 24 IDiTOfttAU v^vv;TS-^ ALTHOUGH the eleventh-hour agreement reached in Geneva yesterday between Japan and the US on trade in cars and car parts comes as a relief, it's not a deal worth cheering about. Sure, in a sense, everybody comes out a winner. More US-made
    573 words
  • WHAT THE OTHERS SAY
    • Article
      Close call in Addis Ababa
      379 24 WHETHER Sudan was behind the assassination attempt on Egyptian President Hosni Mubarak in Ethiopia remains the subject of investigations which the security agencies of his country will undoubtedly carry out. If it is proved that it was, Egypt should respond appropriately to an act of
      379 words
    • Article
      The Apec timetable
      119 24 IT IS heartening to note that Apec member countries have generally geared up to move one step forward at liberalising trade between themselves. At the third summit in Osaka later this year, the 18-country organisation is expected to make the first decisions on preferential trading, investment regulations
      119 words
    • Article
      Quality service vital
      122 24 WE HAVE for some time been talking about improving our competitiveness in terms of increasing productivity of workers and work efficiency. Now we need to scale a new height to strive for excellence in quality. In addition to constantly improving the quality of our products, we must
      122 words
    • Article
      Small price to pay
      130 24 THE RENEWAL of the China Motor Bus (CMB) franchise sets a worrying precedent by showing how easy it is for a public transport operator to hold the government to ransom and get away with it. Only four months ago after the company defiantly sold its Wong
      130 words
    • Article
      Negative clauses
      150 24 ON THE SURFACE, the cabinet's recent decision to allow the formation of five new banks in Thailand appears to usher in a new era of competition in the industry. However, the new conditions and requirements attached may be difficult for applicants of banking licences to meet; and unless
      150 words
    • Article
      Education not only for privileged
      122 24 THE many demands for places in our universities, the exodus of students overseas and the thriving private education industry point to a pressing need to make education even more accessible to the masses. The elitist slant to education through the limiting of places in local
      122 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      724 24 ARAB BANKING CORPORATION (8.5.C.) Consolidated Balance Sheet Consolidated Statement of 31 Dccembcr 1994 Income 1994 1993 car cn^ 31 Dcccmbcr 1994 (US$ million) 1994 1993 Liquid funds 286 232 (USS million) Marketable securities 2,630 1,645 Placements with banks and other IlllU«t Hum Operations financial instituuons 5,004 5,621 merest mcome 1,280
      724 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      86 24 \t-s pp£\/*ieNT *moug cmftAoe.... IneskC VAPWGSOU H6NZD PsBOOT\ FMXSCftSE. CARRAGE. I U/Wa J J Itwmwces -wew lO*NT NO,i C^Nt DRWfcfc VOHO G£TS liO I WepfiD OP IT. J Will IMWMHH. 1111 lli» r«■ **07 1— POONESBURY GARRY TRUDEAU J. j., i wink i Hone/, HON&T.I SetWMTSGO- HOW MAM CASB, I
      86 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Democrats winning back lost popularity
      983 25  -  Thailand goes to the polls on Sunday. Loh Hui Yin reports that the only certainty is that there will be another coalition government Loh Hui Yin The writer is BT's Bangkok correspondent PREDICTING the outcome of any polls with some measure of certainty is usually
      Reuter  -  983 words
    • Article, Illustration
      Lock icon Will champion of the masses stump his critics again?
      676 25 ALMOST from day one, his government wasn't given much chance of lasting beyond a year but Chuan Leekpai went on to confound his critics. By the time Prime Minister Chuan dissolved Parliament on May 19 and called for fresh elections set
      AFP  -  676 words
    • Article, Illustration
      Money politics taints Chart Thai candidate
      481 25 OPPOSITION leader Banharn Silpa-archa must be running the race of his political life in this Sunday's general election. Quite early in the hustings, Mr Banharn, who heads the Chart Thai Party, was portrayed as the main rival against incumbent Chuan Leekpai for the job
      481 words
    • Article, Illustration
      Billionaire stands as link between old and new
      485 25 Thaksin shinawatra, who turns 46 on July 26, is the youngest and richest of the prime ministerial hopefuls. His energy and the fact that he is fresh in politics makes him a new generation man a theme his slick Palang Dharma Party
      485 words
    • Article, Illustration
      Former deputy PM sells himself as strong alternative
      437 25 ITs better to hear him speak in a conference hall, not in campaigns. His campaign so far has been lacklustre. He is recognised as a professional manager, a technocrat. Not like Thaksin, who's an entreprenuer who built up his own business." So
      437 words
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  • Article
    Lock icon Japan hails car accord as a major victory
    619 26 AP NYT Bloomberg Business News Reuter TOKYO Japan yesterday painted its new trade accord with the United States as a major victory, saying that it had upheld free-trade principles. The agreement, reached late on Wednesday in Geneva, was enthusiastically welcomed by the
    AP; NYT; Bloomberg Business News; Reuter  -  619 words
  • Article
    Lock icon World economic growth to exceed 3% next year: UN survey
    395 26 Reuter UNITED NATIONS World economic growth is expected to be more than 3 per cent next year, with Eastern Europe showing the first signs of recovery since the collapse of communism, according to a United Nations report. The report also
    Reuter  -  395 words
  • Article
    Lock icon Record US deficit in net international investment
    249 26 Reuter WASHINGTON The US had a record deficit of US$6BO.B billion (*****.6 billion) in its net international investment in 1994, the Commerce Department said on Wednesday, as foreign ownership swelled faster than American holdings overseas. Foreign-owned assets in the US everything from factories
    Reuter  -  249 words
  • Article, Illustration
    Lock icon Honk! Honk! It's a check-up
    48 26 Reuter BERLIN A Toulouse goose receiving anaesthesia yesterday prior to an ultrasound examination in the operating theatre of the city's "Tierpark" (Zoo). The Berlin Institute for Zoo Biology and Wildlife Research has developed an ultrasound system for the medical examination of animals. Reuter
    Reuter  -  48 words
  • Article
    Lock icon US new home sales up 20%, jobless claims down
    288 26 AP WASHINGTON Sales of new homes shot up 19.9 per cent in May, the biggest advance in more than three years, as falling mortgage rates offset the effects of a slower economy, the Commerce Department said yesterday. The Labour Department reported
    AP  -  288 words
  • Article
    Lock icon Microsoft shows its influence in gyrations of the Dow
    306 26 Bloomberg Business New NEW YORK In a stunning display of one product's influence on the stock market, the Dow Jones Industrial Average fell 22 points late on Wednesday on a report that Microsoft Corp would delay shipment of its new Windows
    Bloomberg Business New  -  306 words
  • Article, Illustration
    Japan's financial system heading for a conflagration
    709 26  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent THE kamikaze instinct that of rushing nobly to one's own destruction appears to be uppermost in the Japanese mind at the moment. This, at least, is the most charitable interpretation
    709 words
  • Article, Illustration
    Lock icon Redwood vows to wipe out sleaze if he becomes PM
    299 26 Reuter AP LONDON John Redwood, the former British cabinet minister now fighting to oust Prime Minister John Major, said yesterday he would vet all ministerial candidates for sexual and financial indiscretions if he became premier. Mr Redwood, a right-wing-er who
    Reuter; AP  -  299 words
  • WORLD IN A BOX
    • Article
      Lock icon Cutting farm subsidies
      104 26 Reuter PARIS The United States and Europe, ending decades of farm rows, start scaling back from midnight today huge export subsidies blamed for pushing up Western food prices and driving Third World farmers out of business. Cuts in subsidies over the next six years arc designed to
      Reuter  -  104 words
    • Article
      Lock icon Racketeers' investment
      113 26 Reuter JERUSALEM Israel's police commissioner said on Wednesday that Russian racketeers had invested US$4 billion (555.5 billion) in the Jewish state in the past few years. "The Russian criminal system took about US$3O billion out of Russia in the last few years and US$4 billion was invested in
      Reuter  -  113 words
    • Article
      Lock icon Asia's growing market
      98 26 AFP WILTON, Connecticut Asia will surpass Europe as the largest US export market by 2000, top executives of major American corporations predicted in a survey released on Wednesday. The Deloittc and Touche survey found that 43 per cent of 150 senior US business executives said Europe was
      AFP  -  98 words
    • Article
      Lock icon German rates unchanged
      92 26 AP BERLIN Germany's central bank left its benchmark interest rates unchanged at a regular bi-weekly policy meeting yesterday. The Bundesbank last changed the discount rate on March 30, when it was lowered from 4.5 per cent to 4 per cent. The second main rate, the Lombard rate,
      AP  -  92 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      151 26 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute. Accord not end of story yet US academic, Pg 7 Merely a ceasefire or end of trade war? Pg 8 Editorial: Not a deal to shout about, Pg 24 H be
      151 words
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      Page 26 Advertisements Column 2
      14 26 For stories, quizzes songs, call Children's Funland on 1900-910-0001 at 30 cents a minute.
      14 words
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  • COMPANIES & MARKETS
    • Article
      Isetan's loss more than doubles to $15.25 m
      736 27  -  Worst may be over for major retailers, say analysts By Jenny Lam SINGAPORE Isetan Singapore has became the third major listed retail group to report poorer full-year results for the second year running. However, some retailers and analysts say the worst may
      736 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        52 27 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa. Fraser. G K Goh. Kay Hian. Morgan Grenfell. Ong Co. Nomura. Phillip. Smith New Court. WI Carr and S
        52 words
      • Article, Illustration
        HOT STOCK
        89 27  -  By Paul Leo HAI SUN HUP at yesterday's closing price of 81 cents is a long-term buy. Monthly Relative Strength Indices and stochastics are near zero indicating a deeply oversold situation. Daily Moving Average Convergence Divergence Indicator already signalled a buy. Interest returned strongly to the counter yesterday
        89 words
    • Article
      Prajogo still keen on takeover of CASH
      454 27  -  From Leslie Lopez in JAKARTA INDONESIA'S timber tycoon Prajogo Pangestu says he remains committed to his plans to take over Malaysia's publicly listed Construction and Supplies House (CASH) Bhd and will resubmit a fresh proposal to the Malaysian authorities soon. Speaking to reporters
      454 words
    • Article
      Acma expects S$l2m pre-tax profit from Paradigm listing
      257 27 SINGAPORE Engineering group Acma Ltd expects to make a pre-tax profit of $12 million from the listing of its US subsidiary Paradigm Technology on the US junior board Nasdaq. Paradigm, a Californiabased maker of high-speed computer chips, had offered 2.8 million shares
      257 words
    • Article
      Lock icon Celcom obtains full domestic licence on par with Telekom
      242 27 AFP KUALA LUMPUR Malaysia's top cellular telecoms provider has been issued with a full domestic transmission licence, including provision of fixed-line services alongside the state-owned phone company Telekom. Company officials yesterday said Cellular Communications Network (Malaysia) Sdn Bhd (Celcom), which already
      AFP  -  242 words
    • Article
      Mancon emerging as property, infrastructure play
      770 27  -  HOCK LOCK SIEW By William Chia SINGAPORE From a low-profile construction company on the Malaysian bourse's second board, Mancon Bhd is fast developing into a major property and infrastructure play on the main board. Earlier this week, several Malaysian newspapers gave prominent coverage to
      770 words
    • Article
      Lock icon Khong Guan finalising acquisition of Aquirits
      196 27 MBT KUALA LUMPUR Khong Guan Holdings is in the midst of finalising its negotiations for the acquisition of Aquirits Holdings Sdn Bhd. The deal is expected to be formalised within a month's time, according to its chief executive officer Patric Lim Hong Koon. Speaking
      MBT  -  196 words
    • COMPANIES
      • Article
        YHS names Rothschild as adviser
        83 28 SINGAPORE Yeo Hiap Seng has appointed N M Rothschild Sons its financial adviser in connection with the takeover offer by Malaysian businessman Quek Leng Chan. YHS said yesterday a circular containing Rothschild's advice and YHS directors' recommendation would be sent to shareholders within 14 days
        83 words
      • Article
        Nippecraft posts $2.1 m profit
        116 28 SINGAPORE Stationery maker Nippecraft achieved net earnings of $2.1 million in the nine months to March 31. Its results are not comparable to the previous year because its financial year-end was changed from June to March. Turnover in the nine months was $52.3 million. The
        116 words
      • Article
        Ipco unit wins HK sewer contract
        56 28 SINGAPORE Ipco International subsidiary Ipco Insituform has clinched a $2 million contract to rebuild one kilometre of sewers in Hongkong's Chai Wan township. It is the third contract awarded to Ipco Insituform by Hongkong's Drainage Services Department. The company has completed similar projects in
        56 words
      • Article
        Electro Magnetics director quits
        38 28 SINGAPORE Electro Magnetics (1992) said yesterday that Hu Kee Cheng had resigned as a director, from June 28. The board now comprises Chan Wai Yuk, Parry Chang Sun Way and Patsy Chang Nai Hwa.
        38 words
      • Article
        HTP queried over share turnover
        39 28 SINGAPORE The Stock Exchange of Singapore yesterday queried HTP Holdings on the sharp rise in turnover of its shares recently. It asked HTP to disclose whether it knew of any reason for the increase.
        39 words
      • Article
        GP Batteries' margins fall but firm expects improvement this year
        339 28  -  By David Mok SINGAPORE GP Batteries International yesterday reported thinner net profit margins of 6.S per cent for last year, but said margins should improve to about 10 per cent for the current fiscal year. The mainboard-listed firm posted a
        339 words
      • Article, Illustration
        Lock icon Parkway pays US$322m for Tenet's S'pore operations
        312 28  -  By Lee Han Shih SINGAPORE Parkway Holdings has completed the first step towards buying Tenet Healthcare Corp's Asian businesses. The local property company said yesterday it had bought Tenet's Singapore operations by acquiring all the shares of NME Asia from Tenet for U*****.3
        Source: Parkway Holdings  -  312 words
      • Article
        Scotts associate is largest strata management firm in Australia
        334 28 SINGAPORE Scotts Holdings is stepping up its investment activity in Australia. Its Australia-listed associate Alliance Properties yesterday became the largest strata management company Down Under. Scotts is also reported to have signed a preliminary agreement with a Sydney developer to buy
        334 words
      • Article
        Vickers setting aside $20m for stake in Thai broker: sources
        435 28  -  By Siow Li Sen SINGAPORE Vickers Ballas Co Pte Ltd has set aside $20 million to buy a substantial stake in a Thai brokerage, sources say. But the company is unlikely to use the whole sum given that the Stock
        435 words
      • Article
        Bimantara Citra's listing a headache for some investors
        380 28  -  From Leslie Lopez in JAKARTA THE much-awaited listing of PT Bimantara Citra, a group controlled by President Suharto's second son, is developing into a nightmare for some investors. According to brokers, share allotments have dried up ahead of its public flotation on
        380 words
      • Article
        Untitled
        553 28 Mewgers prices Jun 30 sh Greater China Fd I .OOtt n-a t a Mendalu Gr Fund 1.03 1.06$ Mllgapore UMI IIUSI US Gr Fund 104 1 08** The Commerce 1.56 1.65*d >|* D u-« 11J The Savings Fund I 50 1.59 W® ASSet Mgt L10 S'porc Prog Fund 0.60 0.64
        553 words
      • Article, Illustration
        Lock icon Akai to move output overseas after Kong Wah acquisition
        473 29 Reuter Bloomberg Business News TOKYO Akai Electric Co Ltd will shift production of audio equipment and other electronics products overseas after its acquisition of Hongkongbased electronics group Kong Wah Holdings Ltd Akai announced yesterday it will buy a 81.6 per cent
        Reuter; Bloomberg Business News  -  473 words
      • Article
        Lock icon EU clears Swiss Bank buy of Warburg
        45 29 Reuter BRUSSELS The European Commission said yesterday it had cleared the acquisition of British investment bank SG Warburg by Swiss Bank Corporation Group. The commission said it found no reason under European competition law to block the deal.
        Reuter  -  45 words
      • Article
        Lock icon Lippo adjusts bond conversion price
        55 29 Bloomberg Business News HONGKONG Investment holding company Lippo Ltd said it had adjusted the conversion price of its 1.25 per cent US-dollar bonds from HK$ 11.98 (552.15) to HKS9.9B. The company said the adjustment followed the dilution of its shares outstanding because of a l-for-5
        Bloomberg Business News  -  55 words
      • Article
        Lock icon Seoul, Beijing chemical firms in tie-up
        44 29 Reuter SEOUL South Korea's LG Chemical said it would set up a US$lO million (SSI3 million) joint venture with the First Household Chemical Factory of Beijing to produce toothpaste in Beijing. The factory would begin operations next April.
        Reuter  -  44 words
      • Article
        Lock icon Walchand sues liquor group
        79 29 Bloomberg Business News BOMBAY Walchand and Co, owned by industrialist Ajit Gulabchand and his family, has sued Shaw Wallace Co, a diversified liquor and chemicals producer, for allegedly failing to repay intercorporate deposits, the Economic Times reported. The suit, filed in Bombay, charges that Shaw Wallace,
        Bloomberg Business News  -  79 words
      • Article
        Lock icon Chiyoda charged with hiding losses
        53 29 Bloomberg Business News TOKYO Chiyoda Securities, a medium-sized Japanese securities firms, has been charged with illegally hiding losses on stock trading since 1992, Japan's national broadcaster NHK reported. The Finance Ministry's Securities and Exchange Surveillance Commission has begun an investigation into the charges, NHK said.
        Bloomberg Business News  -  53 words
      • Article
        Lock icon NT&T keen to buy shares back
        36 29 Reuter TOKYO Nippon Telegraph and Telephone Corp (NT&T) has raised the possibility of buying back some of its own shares some time in the future, the Jiji news agency reported.
        Reuter  -  36 words
      • Article
        Lock icon Northeast Electric H shares priced at HK$l.80 each
        392 29 Bloomberg Business News HONGKONG Northeast Electric Transmission Transformation Machinery Manufacturing Co, China's largest supplier of power transmission equipment, is offering to sell 247.95 million shares in Hongkong at HK$l.BO apiece (550.33). Results of applications to buy the shares will be released on
        Bloomberg Business News  -  392 words
      • Article
        Lock icon Same trading hours for two China bourses
        174 29 Reuter SHANGHAI The Shanghai and Shenzhen stock exchanges will trade during the same hours starting on July 3. The Shanghai Securities News yesterday reported that the trading times will run from 9:30 am to 11:30 am and 1:00 pm to 3:00 pm. China's
        Reuter  -  174 words
      • Article
        Lock icon Shanghai's Jintai share sale gets cool response from fund managers
        425 29 Bloomberg Business News SHANGHAI Foreign fund managers gave the thumbs down to Shanghai's first 1995 share offering, saying construction equipment manufacturer Shanghai Jintai Co is too small and offers limited earnings growth. The foundation piling machinery manufacturer is selling 80
        Bloomberg Business News  -  425 words
      • Article
        Lock icon Microsoft set to put strong pressure on Internet firms
        506 30 Reuter Bernama NEW YORK Some Internet companies riding the cyberspace boom may soon learn that competing with the likes of Microsoft Corp is not for weaklings. Analysts and money managers said the scheduled entry of Microsoft Corp's Microsoft Network in August
        Reuter; Bernama  -  506 words
      • Article
        Lock icon Morgan Stanley fund selling 50 properties
        304 30 Bloomberg Business News LOS ANGELES A Morgan Stanley Group Inc real estate fund is selling 50 properties with a book value of about US$225 million (Ss3l3 million), according to people familiar with the plan. They said Morgan Stanley Real Estate Fund LP bought the
        Bloomberg Business News  -  304 words
      • Article, Illustration
        Lock icon In a fix over repairs
        59 30 AFP BAGHDAD Dozens of broken-down buses fill up a depot here, all awaiting repair. But many may never get back on the road. Iraq lacks the spare parts to fix most of them as a result of economic sanctions imposed by the United Nations since
        AFP  -  59 words
      • Article
        Lock icon Group posts 42% jump in 2nd qtr earnings
        194 30 NYT NEW YORK Morgan Stanley Group Inc on Wednesday reported a healthy increase in profits for the quarter that ended on May 31. The results reflected surging trading profits and strength in its mergers and acquisitions business. Earnings for the quarter jumped
        NYT  -  194 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Shenzhen's merger of 16 credit cooperatives first of many
        312 31 Bloomberg Business News BEIJING China's Shenzhen City has combined 16 credit cooperatives in the first of many planned mergers in the country's financial industry. The Shenzhen Urban Cooperative Commercial Bank was founded on June 22 and held its first meeting of
        Bloomberg Business News  -  312 words
      • Article
        Lock icon Amex to set up regional centre in Sydney
        167 31 Reuter HONGKONG American Express Co will set up a regional operations centre in Sydney to centralise its backoffice customer service functions in Japan, Pacific, Asia and Australia. The company cited Sydney's low costs, multicultural workforce and strong telecommunications links for the move.
        Reuter  -  167 words
      • Article
        Bank of America moves to woo more S'pore customers
        274 31  -  By! Soh Tiang Keng SINGAPORE Bank of America, which relaunched its retail business here last November, will step up efforts to get a bigger slice of the local consumer market. During the next 12 months, it will launch new loan and
        274 words
      • Article
        Lock icon Mitsubishi Bank reveals market sensitivity of its derivatives
        276 31 Bloomberg Business News TOKYO A first among Japanese banks, Mitsubishi Bank yesterday informed shareholders how sensitive its balance of derivative trades are to swings in market interest rates. Mitsubishi Bank said that its value at risk a measure of how much a
        Bloomberg Business News  -  276 words
      • Article
        Lock icon Lehman's US$53m suit against Minmetals parent dismissed
        259 32 NYT NEW YORK A federal judge has dismissed claims by subsidiaries of Lehman Brothers Holdings Inc that a Chinese metals and minerals company was legally bound to repay U5553.5 million (5574.6 million) in trading losses accrued by one of its subsidiaries. US District
        NYT  -  259 words
      • Article
        Lock icon Weak Japanese banks most affected by bad debts: Moodys
        263 32 AFP TOKYO The credit quality of the weakest Japanese banks will suffer most as the banking system struggles with the mountain of bad debt left over from the speculative 1980s, Moody's Investors Service Inc said on Wednesday. "The intense stress of
        AFP  -  263 words
      • Article
        Lock icon Colombian bank to buy stake in Venezuelan bank
        284 32 Bloomberg Business News CARACAS Banco Ganadero SA, Colombia's largest bank, said it had been given permission by Colombian and Venezuelan banking authorities to buy a 50 per cent stake in Venezuela's troubled Banco Union. Banco Ganadero's partial purchase of Union is the
        Bloomberg Business News  -  284 words
      • Article
        Lock icon Indonesia to review plywood marketing
        189 32 Reuter JAKARTA Indonesian Trade Minister Yudono Satrio Budiardjo says the role of an organisation that markets the country's plywood abroad is being re-evaluated after a recent drop in exports. "We will look at the factors which support the marketing of this product, like the conditions
        Reuter  -  189 words
      • Article
        Lock icon Exxon finalises huge deal to develop Sakhalin oil fields
        420 32 Washington Post WASHINGTON Exxon Corp will sign a US$l5.2 billion (5521.2 billion) deal today with Russian and Japanese partners to develop oil and gas fields off Russia's Sakhalin Island, according to industry officials. It will be the largest oil production agreement
        Washington Post  -  420 words
      • Article, Illustration
        Untitled
        1596 32 /raJeHetxhtnJ index caUulaled attains! S'ptwe's lap 14 trading partmi\ Hast- year IWf US$/S$ forward rates Noon /Jun 29 s$ Bid Offer 1-month 1-3924 1.3939 2-month ***** 1 3899 3-month 1.3848 1.3863 6-monlh 1.3733 1.3753 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Jun 29 Singapore dollars to one
        1,596 words
      • Article
        Lock icon World oil prices stagnate ahead of US holiday weekend
        245 32 ENERGY REPORT Reuter LONDON World oil prices adopted a consolidatory tone after bouncing sharply on Wednesday on the back of bullish stocks data as traders avoided taking new positions ahead of a long holiday weekend in the United States. August futures
        Reuter  -  245 words
      • Article
        Lock icon Cuŕency Report: London
        198 32 Reuter LONDON The dollar steadied at midday in Europe after earlier losing ground as the market took a cold, hard look at the US/Japan car deal which excited it overnight. Dealers said the small print of the agreement struck just hours before hefty US sanctions were due
        Reuter  -  198 words
      • Article
        Lock icon New York
        93 32 AFP NEW YORK Profit-taking after gains that followed the US-Japanese car industry trade deal helped send the dollar slightly lower against major currencies yesterday in slack trading. At about 1420 GMT, the greenback was trading at 1.3935 marks from 1.3970 late Wednesday and at 85.25 yen from 85.47.
        AFP  -  93 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen firm in light trade
        1421 33 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen were firmer at the close in light trade. Dealers said Eurodollars were firmer in the afternoon when European participants started buying. A US futures dealer said: "The outlook is quite optimistic. There is no question of
        Reuter  -  1,421 words
      • Article
        S'pore rubber plunges, no bottom seen
        683 33 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures continued to plunge on further selling pressure and traders said they did not see prices hitting an immediate bottom yet. "There should be an upward correction at some point but we are not sure when," one trader said.
        683 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Petronas' July crude premium
          56 33 TOKYO Malaysia's Petronas is likely to announce its premium for July crude prices on Tuesday, under a revised pricing mechanism, a company official said yesterday. The revision is subject to the management's approval, he said. Petronas adopted the current amended pricing mechanism in January, which was
          56 words
        • Article
          US rejects Bangladesh's wheat bids
          60 33 KANSAS CITY Bangladesh reissued an Export Enhancement Programme bid for 100,000 tonnes of US wheat on Wednesday, but USDA rejected the bid again because of the low prices, US exporters said. The new bid was US$l77 (Ss24B) a tonne, US$2 higher than the previous bid.
          60 words
        • Article
          Inco purchases Voisey Bay interest
          72 33 TORONTO Canadian nickel giant Inco announced yesterday it has completed the purchase from Diamond Fields Resources of a 25 per cent interest in the Voisey Bay nickel-copper-cobalt site, for C 5525 million (Sss3o million). Diamond Fields received the total amount in 6.5 per cent convertible
          72 words
        • Article
          World coarse grains output down
          44 33 LONDON The International Wheat Council yesterday forecast that world coarse grains output will total 824 million tonnes in 1995-96, down from a preliminary forecast made last month of 841 million and down from estimated 1994-95 output of 868 million.
          44 words
        • Article
          Japan may up duty on pork imports
          55 33 TOKYO With a higher tariff rate likely on Japanese beef imports from Aug 1, traders say pork imports may follow suit unless imports in June staywithin about 47,000 tonnes. To keep Japan's pork imports from exceeding that tonnage, importers arc trying to delay
          55 words
    • Article
      COMMODITY PRICES
      1437 33 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 205 50 50 Aug 204.00 200.50 204.00 825 3675 Sep 202.50 1950 Oct/Dec 198 00 196 00 198.00 525 7200 Jan/Mar 96 199.50 197.00 197.00
      1,437 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1026 34 •0.8 SHARE prices closed barely lower yesterday after dropping in late trade following a disappointing Tokyo bourse and lacklustre local action as the end of the fiscal year approached. "The Tokyo market was disappointing, the currency is a bit softer and we are just looking a bit tired as
        1,026 words
      • Article
        Manila
        630 34 +10.66 Share prices closed 0.4 per cent higher on the second wave of a technical rally following the Dow Jones' rise. "The market is showing some strength. It's a continuation of Thursday's uptrend," said a broker. 'There seems to be a lot of buyers out there iust waiting for
        630 words
      • Article
        Taipei
        529 34 -51.25 Share prices closed 0.93 per cent lower as investors turned cautious. Textiles were the largest losers, down 1.8 per cent. "Late selling pressure from domestic securities dealers eroded early gains, said a dealer. The 321-issue Weighted Price Index slipped 51.25 points to 5,444.63. Turnover was 989 million shares
        529 words
      • Article
        Seoul
        449 34 11.22 Share prices closed 1.3 per cent higher, spurred by favourable market environments and increased liquidity after the June 27 local elections. The Composite Price Index soared 11.22 points to 883.9. Turnover was 18.36 million shares valued at 331.56 billion won. Rises outweighed falls by 661 to 125 and
        449 words
      • Article
        New Zealand
        303 34 -10.26 Shares ended lower with several second tier stocks being singled out for a hammering. "It was another sad day for the market," said a trader. He said there was no particular reason for the top 40 index to be off 10.26 points, to 2,015.06, although there was
        303 words
      • Article
        Bombay
        101 34 -5.59 Stocks were little changed as investors worried about the impact of high interest rates on corporate profits, analysts said. Many companies are shifting funds away from stocks into the debt market, where inter-corpo-rate deposit rates are running as high as 40 per cent, they said. Short-term spectators who
        101 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        902 34 Britannia Funds Sterling Cask Bid Offer Mim Cap Depout 1( 6400 M 6S00 Mim Jeney G* .0.1(9) 0.1992 Mm Mu Income *0.9100 *0 9500 VSt Cash Income Plus Fund 10 5(00 11.1400 PS S Reserve Fund J.JI00 5 5200 Sterling Equity Euro mnrmua 0.4592 0.49M Far East Fund *2 7650
        902 words
      • Article
        London
        763 34 11.3 THE market regained some of its composure on the political front, after the first Conservative party leadership deadline passed with no new developments. But gains were pared late in the session after the Dow and US Treasuries fell following news of bearish economic data which eclipsed the effect
        763 words
      • Article
        Paris
        143 34 -3.55 French shares finished lower, depressed by a stronger-than-expected rise in US housing sales, which the market viewed as pushing back the prospect of a cut in interest rates, traders said. Paris equities had been trading in positive ground for much of the day, spurred by a settlement in
        143 words
      • Article
        Frankfurt
        195 34 -11.87 German shares trade slightly down from bourse close as the DAX hovers near the 2,100 level, seen as psychological level for market. Stable Wall Street and dollar seen underpinning the market. Bundesbank announcement of no rate cut has little market impact since it was widely expected. The DAX
        195 words
      • Article
        Brussels
        198 34 +6.80 Belgian shares resisted late profit-taking to close near session highs on the strong dollar following the US-Ja-pan car accord. The Bel-20 Index of leading shares gained 6.80 points at 1,434.76. Traders warned bullish sentiment would not last. "We have hit a small peak for the Bel-20 on the
        198 words
      • Article
        Toronto
        278 34 -3.81 Stocks edged lower in thin earlv dealings described by dealers as preparation for a long weekend. Canadian markets will be closed on Monday for the Canada Day holiday and US markets will be closed on Tuesday for the Independence Day holiday. Traders also said the market was hurt
        278 words
      • Article
        New York
        802 34 -4.50 Stock prices turned slightly lower in active trading early yesterday after bonds tumbled following a pair of strong economic reports that dimmed prospects for lower interest rates. The Dow Jones Industrial Average, which rebounded 14.18 points on Wednesday, was down 4.50 to 4,552.29 at 11am EDT. The
        802 words
      • Article
        Milan
        134 34 -o.Bpc Italian shares were little changed at the close. Most eyes were on Fiat, which was still being punished for Fiat Auto head's comments on Wednesday on disappointing outlook for European car market. Fiat ended down 0.74 per cent at 5,800 after dipping to 5,755 earlier. Traders say 5,800
        134 words
      • Article
        Zurich
        247 34 +8.8 Swiss shares ended higher but below the day's highs. Trading was quiet and volumes low, dealers said. The positive impact of Wednesday's US/Japanese car accord was seen subsiding a bit during the day. The firming dollar, which had helped the shares in the morning, eased in late trading.
        247 words
      • Article
        Johannesburg
        373 34 -28.6 South African gold shares bounced in late trade but industrials continued Wednesday's slide with dealers seeing a weaker rand and window dressing the only factor likely to lend support today. A dealer said trade had been very quiet with real interest being shown only in selected industrials and
        373 words
    • Article, Illustration
      Lock icon HONGKONG
      2842 35 Bloomberg Business News HONGKONG Stocks, underpinned by a rally in US shares, rose for the first time in four days amid relief that the US and Japan averted a trade war over cars. The lastminute accord, reached on Wednesday in Geneva, eased concern that the two countries would impose
      Bloomberg Business News; Source: Bridge Info  -  2,842 words
    • Article, Illustration
      Lock icon CHINA
      599 35 CLSA IN Hongkong, the H share index lost 4.19 points at 1,123.08 on turnover of HK535.4 million. Jilin Chemical was the best performer of the day, up 4 per cent. Kunming Machinery gained 3.3 per cent and Tsingtao rose 3.3 per cent. Shanghai B shares fell 0.9 per cent
      CLSA  -  599 words
    • Article, Illustration
      Lock icon TOKYO
      2545 35 Bloomberg Business News TOKYO Stocks fell to 34month lows as a darkening outlook for Japan's economy dragged down bank and brokerage shares, offsetting gains in car and car parts stock linked to an Uth-hour trade accord between Japan and the US. "The sad state of the economy has not
      Bloomberg Business News; Source: Bridge Info  -  2,545 words
    • Article, Illustration
      Lock icon BANGKOK
      1752 35 Reuter BANGKOK Stocks ended higher in thin trade as most investors took a break before Sunday's election. The SET Index closed 5.42 points higher at its intraday high of 1,384.68 on low turnover of 4.99 billion baht. Advances led declines 168 to 99 and the indicator moved in a
      Reuter; Source: Bridge Info  -  1,752 words
    • Article, Illustration
      Lock icon JAKARTA
      1169 35 Reuter JAKARTA Share prices closed slightly higher in moderate trading following some blue chip buying, brokers said. The Composite Index rose 2.44 points to 491.79. Barito Pacific topped the active list with 500,000 share traded. It rose 75 rupiah to 3,000 mostly on local buying. Barito Pacific remained the
      Reuter; Source: Bridge Info  -  1,169 words
    • Article
      CLOB INTERNATIONAL
      2396 36 Gr Gt I* Ijwi Vol Da) LM Onk Dh Dt» YU Nrt MC« Hick Low Compmmt Sm* COM) High Low Bayer Seller Or P/K tail MALAYSIAN STOCKS 47* 196 m MSB SOc 366 -2 219 374 366 366 368 1.0 -2.9 0 2 375 4 127 77.5 m
      2,396 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices rise on US-Japan accord
        6849 36 Bloomberg Business News KUALA LUMPUR Stocks rose for the first time in six days as a trade accord between the US and Japan provided some reassurance to investors. The US and Japan resolved their dispute over Japan's car imports, relieving concerns that the feud
        Bloomberg Business News; Source: Bridge Info  -  6,849 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8586 37 Cr G* M Wl IW Lot Vat Day Last Qnh H> Mi VM Nd (f V.f High Low r Sale COM) Hick Law Buyer Mki Cn S P f tail Price INDUSTRIAL AMD COMMERCE 488 382 ml s VmWc 448 id -2 35 450 448 448 450 22.5 5 8
        8,586 words
      • Article, Illustration
        Lock icon Share prices close lower after encouraging start
        1814 38  -  By R Sivanithy SINGAPORE After a stable morning session, stock prices here and in Malaysia turned in a disappointing secondhalf performance yesterday to finish weaker across the board. The main feature was the switching of interest into a handful of previously dormant stocks,
        Charts by Bridge Info; Source: Bloomberg  -  1,814 words
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      920 27 NEWS VALUE KLSE's proposed fees may wipe out margins of foreign brokers (pg I) Real bad news for local brokers, especially those without stakes in Malaysian brokerages. KL market will suffer too. Nikkei drops to 34-month low after Nomura institute warning (pg I) The signs are ominous. Worse, Japan's financial
      920 words
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      512 28 Under Instruction from the Vendor An elevated double storey detached bungalow with 2 basement levels and a swimming pool in prime residential district. Total Land Area 23,503 sq. ft Approx Built-in Area: 9,700 sq. ft Two separate lots 1190.5 sq.m. and 993 sq m. (12,814 sq. ft and 10,689 sq
      512 words
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      Page 28 Advertisements Column 2
      264 28 YEO HIAP SENG LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT Further to the announcement dated 27 June 1995 in relation to the conditional cash offer (the "Offer") for all the remaining Yeo Hiap Seng Limited ("YHS" or the "Company") shares not owned by Camerlin Pte Ltd (the "Offeror") or
      264 words
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      26 29 wonder into the Exhibition Hall ond simply explore GaHery 4 Fin* Arts i An,lqu Finesl Masterpiece Art M V u Hmo 9 Wo act,. .™ctod'cX/rL f-
      26 words
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      Page 29 Advertisements Column 2
      931 29 ingJl»)bank Internationale Nederlanden Bank N.V. Registered Office: De Amsterdamse Poort 1102 MG Amsterdam Zuidoost, The Netherlands BALANCE SHEET AS AT 31 DECEMBER 1994 PROFIT AND LOSS ACCOUNT FOR 1994 AFTER APPROPRIATION OF PROFIT Consolidated Consolidated 1994 1993 1994 1993 (in millions of guilders) (in millions of guilders) Interest income 16,696
      931 words
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      909 30 CITIBANKS Citibank, N.A. (Incorporated with Limited Liability in the US A.) CONSOLIDATED BALANCE SHEET cmco«P and subsidiaries CONSOLIDATED STATEMENT OF OPERATIONS cmcoßP and subsidiaries December 31 December 31 IN MILLIONS OF U.S. DOUARS 1994 1993 IN MILLIONS Of U.S. DOUARS EXCEPT PER SHARE AMOUNTS 1994 1993 Assets Cash and Due
      909 words
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      Page 30 Advertisements Column 2
      1007 30 I3I^j]^NESS^TIMES; TOLL-FREE TEL. No. 1 -600-741-1883 FAX: 741-1298 ANNOUNCEMENT BY CITICORP INVESTMENT BANK (SINGAPORE) LIMITED ("CmCORP") ON THE INTEREST PAYABLE BY CITICORP UPON THE 5560,000,000 FLOATING RATE NOTES DUE 1997 ("NOTES") ISSUED BY JADEVINE LIMITED. Pursuant to the Endorsement by Citicorp on each Note, Citicorp hereby gives notice to the
      1,007 words
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      915 31 TOLI.-FREIi TKI.. No. 1-800-741-1883 I AX 741-1298 KFC OSLO-FISHING PTE LTD MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company held at 128 Pnnsep Street #02-01 (G) Sin Thai Hin Building Singapore 0718 on Thursday. 29 June 1995 at 3 00 p.m.. the following Special Resolutions were passed
      915 words
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      Page 31 Advertisements Column 2
      726 31 Union Bank of Switzerland Balance Sheet as of December 31,1994 Assets Liabilities 1993 1994 1993 1994 Million Swiss Francs Million Swiss Francs Cash, clearing and postal giro accounts 1.290 1.533 Due to banks 66,666 62,654 Due from banks 29,488 25.209 Due to banks demand 3,934 4,731 Due from banks demand
      726 words
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      76 32 r This announcement appears as a matter of record only Mr HAI SUN HUP GROUP LTD Rights Issue of 214,422,375 Rights Shares on the basis of one Rights Share for every one existing share held Manager and Lead Underwriter Citicorp Investment Bank (Singapore) Limited Co-Underwriters LTCB Merchant Bank (Singapore) Limited
      76 words
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      Page 32 Advertisements Column 2
      49 32 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      661 33 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-1803 FAX 741-1296 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 60 ANO IN THE MATTER OF CORINNE SHIPPING CORPORATION PTE LTD (IN MEMBERS' VOLUNTARY UQUIOATION) RNAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50. that the FINAL
      661 words
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      Page 33 Advertisements Column 2
      20 33 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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      31 34 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536. The Amsterdam and Stockholm market reports were not available.
      31 words
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      100 35 Track the Stock Market anytime, Anywhere^^^ Because we are linked to the computer systems of the Stock Exchange of Singapore you can track any price movements your stock A and make timely decisions anytime, anywhere. The Stock Page Classic Service provides: 1 Volume Gainers Market Volume, including number of counters
      100 words
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      1684 38 TOLL-FREETEL. No. 1-800-741-1883 FAX:74I-1298 r M THE MATTER OF THE 1 COMPANIES ACT, CAP. SO AND YUAN FEMQ REALTY PTE. LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Mealing ol the Company (My convened and held al 10 Lorong 9 Geylang *06-00 Singapore 1438 on toe 26ft day ol
      1,684 words
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      Page 38 Advertisements Column 2
      63 38 Singapore Closing Share Prices 29/06/1995 CtOM PMV LOW MOM •till* ua* uh uss um _SS_ lto»wo» 730 7JK> 734 7 .SO rmwl JMOiw la 1M 3JM US LWJ o*nr*«n« 047 AM lUT o.toe SSSSS Law* 134 134 134 137 rmiTimt-i <»«—— 1.04 I.oe i.oa i.oe JKill WtwU e- 0364 0.456
      63 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      518 39 Knight-Ridder Reuter THE dry cargo freight market generally presented a brighter picture in the Atlantic for owners than in the Pacific, with some important exceptions. There was no decisive worldwide trend and consequently there was only marginal movement in the Baltic Freight Index (BFI), down three points to
      Knight-Ridder; Reuter  -  518 words
    • Article
      Three US carriers back ocean transport proposal
      251 39 SINGAPORE Three US carriers have backed a proposal that would further deregulate international ocean transport to and from the country. In a joint statement this week, American President Lines, Sea-Land and Crowley Maritime Transportation said: "For almost a year, the liner shipping industry
      251 words
    • Article
      MARITIME STOCKS
      328 39 SES 000 Jun 29 SS Vol CWT Distribution 1.56 unch 20 Chuan Hup Holdings 1.12 -0.01 49 Cosco Investment 1.75 +0.08 44 Cosco Investment A 1.74 unch 0 Far East Levingsto 6.55 +0.05 114 GB Holdings Ltd 0.75 -0.005 12 Hai Sun Hup Group 0.81 -0.01 615 Hitachi
      328 words
    • Article, Illustration
      Lock icon RCL gets Taipei nod to run China-Taiwan feeder service
      419 39  -  By Rahita Elias SINGAPORE Rapidly expanding Thai carrier Regional Container Lines is one of the first feeder carriers to have secured a licence from the Taiwan government to operate a service between China and Taiwan. An RCL spokesman said yesterday it
      Photo by Chris Loh  -  419 words
    • Article
      Lock icon Congestion at Pusan, some piers choked with cargo
      292 39 Reuter PUSAN There is far more business than usual at South Korea's largest port, with containers piling up on some piers. Piers five and six at Pusan, stacked high with containers, already handle 50 per cent more trade than their design capacity
      Reuter  -  292 words
    • Article
      Lock icon Kobe back to half pre-quake level
      119 39 Reuter TOKYO Container handling at the port of Kobe in June should have recovered to about haJf the levels prior to the Jan 17 earthquake that devastated the western Japan city, port authorities said. In May, container handling was back to around 45 per
      Reuter  -  119 words
    • Article
      Logistics firms urged to use IT to cope with higher traffic
      288 39  -  By Alec Almazan SINGAPORE Logistics companies must use information technology to cope with increasing sea and air traffic in the region, a logistics conference was told yesterday. Trade Development Board executive officer David Chin said in his opening address
      288 words
    • Article
      Lock icon M'sia getting consultant to help solve cargo bottleneck problem
      335 39 Bernama KUALA LUMPUR A consultant will be appointed this week to study the country's port cargo handling processes and systems, Transport Minister Ling Liong Sik said on Wednesday. The study, which is part of the ministry's "Ops Cekap" launched in March
      Bernama  -  335 words
    • Article
      Missing ship: China probes, Panama clarifies
      252 39 BEIJING China declined yesterday to confirm that a freighter reportedly hijacked during a voyage from Singapore to Cambodia had turned up in a south China port. According to a Reuter report, Foreign ministry spokesman Chen Jian would only say the case was "still under
      252 words
    • Article, Illustration
      Lock icon Long battle to improve safety at sea
      1190 40 As the implementation date for the GMDSS nears, the response of the shipping industry is mixed Fairplay THE theme at a recent conference on GMDSS in Plymouth, England, was that implementation was on course and on lime. The conference then went on to
      Fairplay  -  1,190 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      497 40 Page ABC Com 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrcnkicl 4 Antaco 13 •Appcnship 4 Arowana 15 Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9. BTL 16 Bangladesh 12 Batamindo 7 Bengal Br IS •Blue
      497 words
    • Article
      THE SHIPPING GUIDE
      9972 48 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page The page number refers to the location of the schedule advertisement ETA ETA Mwrttur Vessel Voyage P» ETA ETA Mwrtaar VmmI Voyage
      9,972 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        595 57 Vry Hi Bwtfc hW Departure km Port Bennevts 1989 04/D/95 J2 alongside 30.06/0100 Brtfcant Reefer 9514 J7/8 alongside 30.06/2300 Dw Guna *****5 121 alongside 3006/2300 EPreobrazhenskiy 01/95 alongside 3006/2300 Exceed 2 6 J5 alongsde 30 06/1300 Haly 06/09/95 J1 *>ngs«le 3006/1300 Mefcmet Eran J17/18 alongside 30.06/1200 San
        595 words
      • Article
        CONTAINER SCHEDULES
        1686 57 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record BooUng/Baiwce Rdti Sf* Iff We Elb/Btr ftriod Frow To From Aa tade 24SA 02/0/00 3 30/0/00 30/1159 30/1400 4 30/1200 30/1459 30/1/00 Aci Uy 064A 01/2300 2A 29/1/00 30/0659 30/0900 2B 29/1/00 30/0659 30/0900 3 30/0/00 30/1159 30/1400 4
        1,686 words
      • Article
        COCKETT BUNKER MARKET REPORT
        849 57 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
        Lock icon Sino-UK pacts on HK airport any day now, say reports
        352 58 Bloomberg Business News HONGKONG Two SinoBritish agreements on Hongkong's airport will be concluded in "the next day or two", allowing HK$23 billion (Ss4 billion) in international borrowing for Hongkong's new airport and related infrastructure projects, reports leaked to most of
        Bloomberg Business News  -  352 words
      • Article
        Lock icon Indian Airlines may order partial shut-down
        473 58 AFP NEW DELHI State-run Indian Airlines held a make-or-break board meeting yesterday to decide whether to order a partial shut-down of the domestic carrier to avert a pilots' strike slated to begin on Monday, company officials said. Indian Airlines board members comprising industrialists, bankers,
        AFP  -  473 words
      • Article, Illustration
        Lock icon 'Bomb' on UAL plane turns out to be a radio
        426 58 AFP SYDNEY Terrified passengers on a United Airlines flight from Los Angeles to Sydney held hands and prayed for almost two hours yesterday as cabin crew smothered a suspected bomb in blankets and pillows. All 327 people aboard the Boeing
        AFP; Reuter  -  426 words
      • Article
        Lock icon Air controllers lose track of planes in blackouts
        184 58 AP SAN JUAN, Puerto Rico Air traffic controllers could not track planes for two brief periods at the Caribbean's air hub on Wednesday, the Federal Aviation Administration said. No accidents were reported as a result of the power outages in the control
        AP  -  184 words
      • Article
        Lock icon European airlines looking forward to profitable year
        378 58 Bloomberg Business News PARIS European airlines are looking healthy and all signs point to the summer season bringing strong passenger traffic and a very profitable year. Passenger numbers in recent months have been particularly strong. In addition, capacity, or the number of planes
        Bloomberg Business News  -  378 words
      • LOG BOOK
        • Article
          Lock icon Vietnam, Canada discuss air accord
          81 58 Reuter HANOI Vietnam and Canada held talks here on Wednesday on an agreement to provide a framework for future flights between the two countries, Canadian officials said. They completed most textual issues and were discussing route schedules, including which cities would be served. Another round
          Reuter  -  81 words
        • Article
          Lock icon Ford may build plant in Japan
          78 58 Bloomberg Business News DETROIT US automaker Ford Motor Co may build a production plant in Japan, Japan's Quick news service said, citing the company's chairman and chief executive officer. Ford chairman and CEO Alexander J Trotman also said the company wants to increase the
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Nissan developing new diesel engines
          73 58 AFP TOKYO Japan's second biggest automaker Nissan Motor Co Ltd yesterday it was developing cost-saving diesel engines which produce less noxious exhaust gas. Nissan will start installing the new engines in recreational vehicles for the domestic market and diesel passenger cars for Europe in 1996,
          AFP  -  73 words
        • Article
          Lock icon Japan car firms to boost output abroad
          59 58 AFP TOKYO Japan's five largest auto makers are to boost offshore production by more than 1.8 million units a year by 2000, a newspaper reported on Monday. This will take total annual output to 5.83 million units a year, from 3.94 million units
          AFP  -  59 words
        • Article
          Lock icon German rail to cut 50,000 more jobs
          56 58 Knight-Ridder BONN The German railway system will shed 50,000 more jobs than previously announced within the next decade a privatisation measure that will roughly halve the current workforce, the Leipziger VolksMatt reported on Tuesday. The move will be accompanied by other cost-cutting measures
          Knight-Ridder  -  56 words
      • Article
        Lock icon M'sian transport sector faces new challenges
        253 58 MBT KUALA LUMPUR Malaysia's transport sector is facing its most challenging task in providing efficient services to consumers, said Asian Strategy and Leadership Institute (Asli) executive vice-chairman, R V Navaratnam. "Since its impact deals with every facet of the population, it is of great
        MBT  -  253 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1454 58 AIRCRAFT ARRIVALS DEPARTURES CHjr FttgM ETA Ftr*»rt ETB MmM GA970 2035 kkU*» SQ227 2230 !>■■*»<■■ KL837 1450 SQ844 0040 SO 327 1550 GA890 0205 KL838 2300 SQ26 2355 mmm SQ348 2250 tocttart HZ73 1605 SQ285 2045 SQ288 2040 NZ74 2340 Mwda GF1146 1435 GF149 0710 Sari hpM BM21 1100 SQ182
        1,454 words
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      40 39 j I WEEKLY LCL TO: II Algeciras Las palmas I Barcelona Madrid I I Bilbao Tenerife I Ceuta Valencia Long battle to improve safety at sea: Page 2 Sino-UK pacts on HK airport any day now, say reports: Back Page
      40 words
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      198 39 The Art of making money is first having ,he Craft wL SHIP FINANCING CALL US AT 2230 3 5 5 MAKINO IT WITH TOU ©DBS FINANCE s H«od Offict 112 Robinson Road, D6S Finance Building, Singapore 0! 06 DET NORSKE VERITAS is an autonomous, independent Foundation with the objective of
      198 words
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      1417 40 NORTH AMERICA j 1 OTHER DESTINATIONS I NORTH AMERICA 1 J PtBBCT CALL TO WPT COAST PCX) WIST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CALIFORNIA EXPRESS gXHECT FROM WEST COAST) vest |wrlm«i|i»ai u|om*al w I mi nom| ok| ht Loocoair wsa |wI mi KoiiiTiM]iMiM|iMßWHiTwh(MWM|Miiiowgo|KAjinu[MUMawi|*owico vn» vot iosmwbis ouum vamcomvb
      1,417 words
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      200 40 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 j§99p|pj||ppijj| [Spore P.Ketang Loading For 1 CANALP SLD 04/07 RdrrVAtwAJK/N antes I EUROSTAR 07/07 11/07 RdnVAtw/UK/Nantee I WORLD AJAX 16/07 18/07 RdnVAtw/UK/Nantes I Loads E7W.
      200 words
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      1042 41 WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0611 TIL: *****35 (12 LINKS) FAX: *****16/*****25 TLX: R*****0/***** FBBHIP VESSEL VOY SMltt SMETO DESTINATION SIMMY 10/W 07/07 09/07 PUJU/mfMANG N6OUXI 1/95 05/07 07/07 PONTUNM/Ufmi SUM FICtA 7/95 03/07 04/07 3ENGXUIU/7AOAN6 WUDAOUO 9/95 03/07 04/07 JAJUITA/HfIWG GtNiDUUO 12/95 05/07 06/07 MMIU/NOM6 SIMUT 10/95 07/07
      1,042 words
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      Page 41 Advertisements Column 2
      1387 41 EXPORT TO: TO: JEPPAH/UK/CONTINENT I VESSEL VOY SM FrOM rMJRG rHA VIM R'DAM UH ALSO ACCEPTING CARGO FOR: THAMIS 326$ 03/07 13/07 13/07 26/07 27/07 24/07 GLASGLOW. GRANGEMOUTH N(DUOYO HONGKONG IMS 07/07 27/07 25/07 23/07 29/07 Akin (AIITIKMKI IK Elll 327S 10/07 20/07 30/07 02/01 03/01 01/01 RHINE 1275 14/07
      1,387 words
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      Page 41 Advertisements Column 3
      938 41 HANJINSHIPPING li—wga vot ai opto rasa |sa|m I m I Iraamsa vot aw loyraaygsa vot sw I« I MU— on at/o; Mia Igg m/m m/oH hmumommmm im 07/07 n.rrnnm oia io/m 11m ii/m —U— IML UflL jE M/m m/m OS/M 1 MUM MflZ nmeuss am i;/m U/m m/M HMUMMOWaMMt 04*
      938 words
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      1300 42 I ttssa wr snmwtf jagg uw muthwtow hamiuw wttboam *nmi> it mm «AfiA 41/324 ?Vt 3/7 10/7 W. M. 112 115 112 g/l« S li/7 n/I 17/7 M Wg 14/3K 1/7 101/7 17/7 25/7 7Z/7 WJ mgg ui wi _m BSBI BOTES IZ/Ht 1/7 17/7 M/ 7 1/1 »/7 2L2
      1,300 words
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      Page 42 Advertisements Column 2
      1357 42 I NORASIA VESSEL VOY SIN ALG LAB BCL VAL HAM BRE ROT ANT PEL LHA NOR FRMOUR6 9529-3 0547 IM7 2247 3947 3147 3947 3147 3147 0148 0148 9248 NOR HONGKONG 1627 3 IM7 0140 3147 OMM 0748 DM* 0848 0848 07*1 0847 0947 NOR SHARJAH »2» 3 IM7 0049
      1,357 words
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      Page 42 Advertisements Column 3
      646 42 JAPAN/HONQKONO/STRAITS KOttKR SERVICE >- LOADING FOR PORT KLANO/PENANO VESSEL VOY S PORE P.6UOANO W I PB» EXCEED? I MPT 30JUN PACIFIC GRACE 24 01 JUL 93JUI ORIENT VENUS 17 91 JUL 03 JUI YAYASAN TUJUH 15 63 JUI 06 JUI SELECT* 9 04 JUI 17 JUI SILVIA SKY II 04
      646 words
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      1233 43 P fIU STRAITS SHIPPING PTE LTD 2 10 Ho® Chiang Road #11-01 Kappol Towers J jggW 0200 Ttl: *****88 Fax: *****17 I new guinea pacific line j (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS C J MAGA M-32 WWI KK Skan Tw hPwl 31 All |M OQNTMNBIANDnUMBUIJdBMCiTOMMAMIfQUMU I
      1,233 words
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      Page 43 Advertisements Column 2
      3077 43 l P&O Containers (Singapore Agencies) Ptc Ltd 10 Hoc Chiang Road, #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 m CR Number *****9 *****Z EXPORT IMPORT u wov —=s j-vj AMT ROT HAM OOT BIE lem vessel voy
      3,077 words
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      1312 44 V A B 1 BHI 1 1 L 1 k fl I I I i ■■■■■■BHHHHHHHIiIIiHIIMIHMiHHHIHHHHHHH EUROPEAJk/SCANDINAVIA/FINLAND/RUSSIA ■HsJilSltlHH SGP RDM HAG THP ANW LHV IHV ANW THP HBG ROM PKI ["SGP~| I. ROYAL RW-021 2/7 *2/7 24/7 2«/7 217 25/7 I. GENTRY RE-M3 54 M M IM 7M 3/7 I
      1,312 words
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      Page 44 Advertisements Column 2
      764 44 i PERSIAN GULF SERVICE VKSfi VOY MP out AMI MM BAH KWT BAI IWCHMT 0354 823W OM7 11*7 13/07 1W IMJ7 IS/07 1507 UNI CROWN Ktt6 ottw 3Mf IMJ7 17.07 IM7 I*o7 I*o7 19/07 UM COWCIHT (066-017W ***** ***** 2W7 3007 300? 30,07 UNI CONCORD 0357 022W 7M>7 MDB 0&/00
      764 words
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      Page 44 Advertisements Column 3
      640 44 (Tl RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 LINES) FAX: *****15/*****03 TELEX: RS ***** RISHIP(3 Umt) CR NO: **********0E K® ETHIOPIAN SffIPftNQUMES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vwei Voy ETA Loading tor Spore ADfryWonz MWS Atoyot 41WB 18AM Mombaaa, Djibouti I Assab, Massawa
      640 words
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      Page 45 Advertisements Column 1
      2669 45 SAILING TO SOUTH AFRICA* EAST COAST SOUTH AMERICA SlUMtnt Sfinl An»ll M (9—ml) tltltM StUilftlK, Off I COSTAR SHIPPING PTE LTD r»na—ni> mis** cmmnt. wijmi w CHinwr>«-m «mh; cmmmmtunm ifSff'.T'" C»nf»nll»ttl 4!05U1 0/0: itti/IS CMmMmH. «NNI o«$ $ni Tmr t cam. iinjntOH« f»i imitt intiiiu ik o*c> 41is 7so fi«/»»#/>f
      2,669 words
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      Page 45 Advertisements Column 2
      820 45 I /i FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 03/07 ROHERDAIVI 03/07 AARHUS/COPENHAGEN 03/07 HAMBURG/BREMEN 03/07 MARSEILLE/FRANCE 07/07 FELIXSTOWE/UK 03/07 BARCELONA/SPAIN 05/07 LEHAVRE/FRANCE 03/07 GENOA/ITALY 08/07 ANTWERP/BELGIUM 07/07 LOS ANGELES/WC/IPI 07/07 SYDNEY/MELBOURNE 04/07 NEW YORK/EC 07/07 FREMANTLE/ADELAIDE 01/07 VANCOUVER 04/07 BRISBANE 04/07
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      1092 46 "BHWHIBIMIFWBIIBI [[VESSEL VOY SIN JKT VESSEL VOY SIN v.*,., 55 SS wana bmum gg sun oan os/7 bunoa seroja sots Tu. 04/7 *hu I QB/7~ VIRA BHUM 137S Moo 03/7 Thu 08/7 OOOD EASY 03N Tu; 04£ Wd OS/7 H RATHABHUBT 83N tat OV7_ Tu. _04/7_ B HATRA BHUM 943
      1,092 words
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      Page 46 Advertisements Column 2
      951 46 70 ANSON ROAD, #21-01. SINGAPORE 0207 TEL: *****02 FAX: *****57 CR 1*p*****000N STRAITS SHUTTLE SERVICE > PORT KLANQ PENAMQ VESSEL VOY SM PKI VESSEL VQY SIN WW SEA LAUREL 399N 25A)6SUN_ 2&06M0N XOURJAYA ***** 28/06 WED 3006 PRi XOUR SPORE ***** 26.06 MON 28/06 WEO LHOTSE 5037 30/06 FRI (0/07
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      665 47 BSA a. 1 I'M MYANMA FIVE STAR LINE (Myanmar National Lint) w Loading for Yangon (Rangoon) Spora PKlg PEN P.Gdp OORANIA VIW MPT NYOMAYWA VIS6W IQAJ7 PATHEM VI33W 15/07 MALAYSIA AGENTS: 80USTEA0 SHIPPING AGENCIES KUL: TEL S2 03 *****04 PKL: TEL (2-03-3 7MIOI PEN: TEL S2-44-*****42 P6O: TEL 42 47
      665 words
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      Page 47 Advertisements Column 2
      871 47 I gBSSSBSPACIFIC INTERNATIONAL UNES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL BmWing, Singapore 0106. I j CR NO: **********06 Willi VOY MM CM6 M MOO J6D AOJ AO6 IOUK P» 446W A6A :M HOTA WUAVA WJAS7S 4/7 12/7 IPA7 11/7 S6/7 S6/7 SO/7 1/« 8/a KOTA 66RUAM MLJ3P
      871 words
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      Page 47 Advertisements Column 3
      814 47 **********Z VEB3ELB VDY LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP VELE DC LYRA YOBW (XVO7 26/07 27/07 2*07 3CKJ7 31/07 VELEOEVELA WWf 11/07 01 A» 03*18 06/06 06/08 07fl» V*_L£ DECAPELLA TOW 18/07 08/06 10/08 12/06 13/08 14/08 VELEDEUBRA UOW 2M07 IMB 17*5 2006 21/08 ALSO ACCEPTING CARGO TO ALL U.
      814 words
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      1773 50 AS AGENTS: H" UNE (SWQAPOAt) FT! LID (C*«IZ4W73WW6ST «6 WO: W-W73m) K- TEL *****77 TELEX KAWAKIRS23I6S FAX: *****16/7/8/9 V MALAYSIA: K" UNE MARTHME (MALAYSIA) SON BHD > TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25*5 I A »i NOON6SU: P.T. SARANA LAUT IN lEIWUIA, TEL JKT *****08
      1,773 words
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      Page 50 Advertisements Column 2
      1521 50 AMERICAN PRESIDENT LINES, LTD. r 19 KEPPEL ROAD *02-01 JfT POH BUILOINO SINGAPORE 0208 MAiN UNE 225-9886 CUSTOMER SERVICE 225-122S FAX 221*922 EAGLE voter 3219-*ag CfS *****58 TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE I inty Ifff |#T ly llvtstayvoTMi ua tn W f POMFCU) VIM MM M/f1 r«7 IH7
      1,521 words
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      662 51 (A WMU.Y-OWNED SUBSSMRY OF NGI) Seabddge THANSPOUT OAMH V MAIN LINE: 278 7772 TER AT,ONAIE SPEDIT 0N WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETD 1 COLOMBO 03/07 10/07 CHITTAQOMO 06/07 12/07 CALCUTTA 06/07 11/07 ■OMIAY/NIW OIL HI 03/07 10/07 KARACHI 03/07 10/07 MADRAS 03/07 07/07 USA/EUROPE ■to rro USA (ALL
      662 words
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      Page 51 Advertisements Column 2
      1859 51 Jm Sfcjj •F SuS Mll ROCHESTER/5215 eto S'pore 4/7/95 Brisbane 16/7/95 f®)[2 < \/»oiMV/ |"BM CM **********091 'I Pen (F) P*u (F) Sin Pkg Jed Sou Leh Rtm Am* Mam Ml Ham Sou Brv(l) Rtm(2) Loll Pkg Sin THAMES/3265 2/7 1/7 3/7 4/7 13/7 23/7 24/7 27/7 28/7 26/7 LA
      1,859 words
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      Page 51 Advertisements Column 3
      363 51 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 OOR Y.S.N. LINEB |^|||J IMJJ)W!I.I)M!<.I)MMJ:ML^j:I'jIJJB VESSEL VOY HONGKONG I SINGAPORE I PKELANG PENANG Cbiat of ChtrokM 52 IN PORT 2-3/7 4-5/7 Sflci 72 IN PORT £5/7 Bf»»l
      363 words
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      1545 52 1 NO DETAIL TOO SMALL NO EFFORT TOO GREAT VMM toy ETA I ETO DESTINATIONS Nnt wMk PANAMA Nwl *Mk BTH STRING REQINA MA£ftSK V 9807 UJNA MAERSK V.9612 CY V 7 0300 MRS CV 5/7 1200 MRS CFS 2/***** HRS CfS V 7 0400 MBS ATI. BAI CHS CLZ
      1,545 words
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      Page 52 Advertisements Column 2
      642 52 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P.KELANQ HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPtCO HOUSTON HOEQH DUKE 0630 <*/07 JUL 30 JUN 10 AUG 19 AUG 22 AUG 29 AUG 25 AUG 2 SEP 7 SEP HOEGH MIRANDA 0730 26/27 JUL 20 JUL r" 9 SEP 12
      642 words
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      Page 52 Advertisements Column 3
      447 52 PHILI-OftKNT L V"* UN€S PU LTP TEL: *****00 (16 LINES) I FAX: *****76/*****38 I CR CODE: **********0 M Tfjßf I P. KELANQ 03-*****98 PENAHQ 04-*****6 I" SYDNEY, AUCKLAND, WELLINGTON, LYTTLETON, 03JULt» I NAPIER. CHRISTCHURCH, NEW PLYMOUTH I I" LONDON, FEUXSTOWET^HAVRE^^^^^^^^^OGJUL^I ROTTERDAM, HAMBURG I ANTWERP, ALL EUROPE, INLAND DESTINATIONS 03 JULY-
      447 words
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      811 53 ■■ma J| Trans-Link Express Pte Ltd 1 LIMASSOL -js*. 4* ISO 9002 BY LRQA LCL consolidation inducing ooforwardinq to Alexandria, Beirut, rxvl Lottakio and Haifa Call TE/RUSLI: 2771 069/57 d NOW!!! c =l l Tel: Fax: wternational sea freight Singapore 561 1668 272 9838 00 MM Also has offices in:-
      811 words
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      Page 53 Advertisements Column 2
      1369 53 sou tfit mh htm qmt hkt hot MB—P—fl) TO NO HONSHU 3299 2* H H I 24 M* Hl7 19P 1117 19P 21 P 2107 MS RHINE 2238 29 M* 27 30 H 0407 06 07 00.07 P.P MS LA LOME 1299 MO* 20 00* 20 00' 11 17 20
      1,369 words
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      Page 53 Advertisements Column 3
      382 53 'JOINTLY OPERATED BY ATLAS LINE, CHITTAGONG KMTC LINE, SEOUL mm (ATLAS SHIPPING LINES LTD) (KOREA MARINE TRANSPORT CO. UD) FAB EAST BAY Of lEN6AL COWVEMTIOHAL REGULAR LINER SERVICE| Vtsstl Vty Sin Gattagmg Moagia DUtftlft N 003 07/07/V5 W/67/W IVO7/W siwasiu ow mm mm w%m in 005 24/17/15 02/0»/?5 05/01/»5 IW
      382 words
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      384 54 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN WHL VOY I iIU 1 BOM COC I I MEXHAMK KURAKO MKOBN 03/07 11/07 17/07 NOTA MUTIARA MUTO3I 14/07 27/07 SEA GLORY GLRO47 17/07 27/07 |BUBAK 208 20/07 28/07 HOCHIMINH/HAI PHONG I VESSEL VOY SM HCM HPH PIOMER KMGI 035V96
      384 words
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      Page 54 Advertisements Column 2
      109 54 SIM FAR EAST 4/7 KEELUNG/KAOHSIUNG 2/7 BANGKOK 3/7 MANILA/CEBU 3/7 JAKARTA/BELAWAN/SURABAYA 3/7 PORT KELANG/PENANG/E. MALAYSIA 3/7 BUSAN 2/7 TOKYO/YOKO/KOBE/NGO/OSA 2/7 HONG KONG SIM china 2/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU 0 ALIAN/SHANG HAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EURQPE/UK An LDN/FLX/LVP/SOU 4/7 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech SIM USA/CANADA 3/7
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      Page 54 Advertisements Column 3
      526 54 I STAR SHIPPING AGENCIES (S) PTE LTD AGENTS FOR: ZIM CONTAINER SERVICE GOLD STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 UNES) FAX: *****70 life *****12 (MARKETING) (CR NO. **********(H) N. AMERKA/CARIIBEAN SERVICES msa I VOT I SW I—»—» I IM I «Sf I W I NYC IMI TUHIKM
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      Page 54 Advertisements Column 4
      401 54 VESSEL VOY SIN MAA SIN I TIGER CAPE 344N 03 OVO7 09-12/07 17 18/07 I TIGER ISLAND 345N 12 16/07 20-22/07 I TIGER BRIDGE 346N 10-11/07 16-19A)7 K—l I TIGER BAY 347N 13-15/07 19-23/07 27 29«7 I TIGER CAPE 348N 17 18/07 MM? 3141/06 I TIGER ISLAND 349N 20-22AJ7 26-X/01
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      Page 54 Advertisements Column 5
      238 54 V*. SM FREM MELI SYD AI)C« LVTT MARTHA 1341 U«7 IM7 _^1^ C. VEROLME Mi KM IVW 17« M*S *<*»' ANTWERPEN 350 17/ M »M 3M» OM~ «7/M I**» ELUN HUM 3SI OSA* ZmT" *1/"' I via Auckland VSL tin CRT MEW CHS PHL HAL MARTHA H Ml IjjT 11/
      238 words
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      Page 55 Advertisements Column 1
      340 55 ifll 711Bt1w5] fl" I if P/i.l m ■»j w!«Tsw«H(3s!s^us3^roM fjr m rrl VESSEL. VOY PAMR OUOANQ VOY 6MOAPORE *«4 KUALA SMftV 4103S MAM (THU) 4103N 30/06 (FM) KUALA 9MK V 4104S 01/07 (SAT) 4104N 02/07 (SUN) KUALA BIAKV 4100S 03/07 (MON) 4106N 04/07 (TUE) KUALA ttAK V ***** 08/07 (WED)
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      Page 55 Advertisements Column 2
      431 55 FULL CONTAINER SERVICE FROMI SIN TO MADRAS VESSEUVOY ETA «N ETA MAA KOTA JADE VJAOOT7 2S-3WOS 04-OM7 TIO6II6AY V J4JN 284TU07 mmm PfUVOINSK V 21 30-01/07 OS-04*0 7 BUNQA TERATAIV TERO4S 02-OM>7 07-OA/07 SEA ORAOON V DROOSI 02-03/07 07-OM7 TWER CAPE V 344N 03-04/07 OS-12«7 PWVOLYE V 22 03-04/07 OS-OS/
      431 words
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      Page 55 Advertisements Column 3
      310 55 /£§X NEO SHIPPING f In AGENCIES PTE LTD 1H: *****29 Fax: *****59 WEEKLY FlAl AO- CONVENTIONAL SERVICE Haphong 6 OayMramit Loading July Of/21 Ju*y 09 /21 Ho Chi Mink 3 Doyi tromil Loodmg July 09/13/20/27 lombay Modin Loodmg July 02 /08/14 21 Korodti loading July 07/14 /21/ 28 Colombo loading
      310 words
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      Page 55 Advertisements Column 4
      724 55 111 WTUNEALMANDINEI4W'eta SGP 01/07/95 I 83 II ARRIVING RDM 17/07/95, FLX 19/07/95, I H BRE 20/07/95, LEH 22/07/95 I EXPORT imoAPom California pgmist (tcx) td» utwc canapa Vl>>< 1 VOT «N_ LOS OAK VAN SfT ATI CCO HOP MPH HO TOW MOW CALIFORNIA LUNA 75 05/07_ 22/07 24/07 26/07 27/07
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  • Page 56 Advertisements
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      Page 56 Advertisements Column 1
      713 56 k AFGHANISTAN MAM Afghanistan Ltd., ■kJH ■kJH HaJratan, Torghundi, Islamqala (Doqharun) IWHoclvl C.1.5./RUSSIA: AlmaAta,Ashkhabad. Baku. Dushanbe. Irkutsk, Khabarovsk. Krasnoyarsk. Korsakov. Moscow, Mllltzer Muncn Novosobirsk, Sochi. Tashkent. Tbilisi, Vladivostok, Vostochny International Forwarders Mo n g oiia: Ulaan Batoc N Korea: Pyongyang, Nampo I EXPRESS container service T0 WEST COAST SOUTH AMERICA
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      Page 56 Advertisements Column 2
      534 56 INC I-Jvvv- J MMIMM WWIKW KUCHWO(im)«a44M PSWNO:(M)«M>M MMQKOK(M)2MMB7 MANft_A(632) *****61 I ASIA HKG/TWN/BKKI GENOA/EUROPE I Z W W H S g W W j Z Z Z KISS WUMHMA Z W W m I(y7 UfL HKG/BKK/KEE/KHH GoßSßflareokma/lianoHlw 02/7 03/7 04/7 RfCSIVIWQ Tfc JPN/KOREA/MANILA 02/7 03/7 04/7 SHANGHAI/DALIAN XIAMEN/BEUING ManilaXebu 05/7
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      Page 56 Advertisements Column 3
      412 56 STRAITS/ JAPAN/ STRAITS SBtVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS iu Ftt IOWMFOC vtssa vot sw n OMNTMSI M/ 4 I- JAUT* JO/i SUKAAAYAI/7, KUCHMG 4/7, MfTUUI 4/7, KUALA lAAAM 10/7, TS MAMS 12/7 NAGOYAII/7, TOKYO «/7, ■MM 17/7 ASIAN
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  • Page 57 Miscellaneous
    • Miscellaneous
      Page 57 Miscellaneous Column 1
      121 57 REGIONAL WEATHER LEGENO R Thunderstorm Temperoture c X\ A s|, ower Ww#w —X Wnd direction with speed in knots Wov« height Swrfoce wind* or* indicated by arrow* wtwcfc fty with tK« wind One hJI circle represents cotm or kght and vonabte wind* 1 One holt Heche represents 5 knots L—
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      Page 58 Advertisements Column 1
      122 58 Effective from August Ist 1995, Terminal Handling Charges in Singapore will be adjusted to the new quantum of SDI62/20' container and SD 230/40' container. The new charges will be applied by shipping lines who are members of the Intra Asia discussion agreement (lADA) as part of a program to recover
      122 words