The Business Times, 31 August 1995

Microfilm: NL20017
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BUSINESS TIMES WE KNOUntSti- MITA(P) 194/12/94 Thursday August 31 1995 85*
    12 words
  • Article
    Lock icon Dow up 3.17 points
    59 1 Reuter NEW YORK Wall Street stocks were mixed in lacklustre trading yesterday, with selective buying in the shares of high-technology companies. The Dow Jones Industrial Avenge was up 3.17 points at 4,608.44 at 2pm EDT. In the broad market at Ipm EDT, gainers led losers five
    Reuter  -  59 words
  • Article
    Untitled
    151 1 Wwfc awave SIU .2,127.25 -2.87 KLSE Coop 1.015.07 -3.79 I 17,913.86 -151.30 HaaaScaf 9,197.21 +44.32 SET Index 1,326.51 -16.32 JhtetaCoap 506.63 +2.62 Manila Comp 2,776.38 +14.11 Taipei WPI 4,***** +64.08 Seoul Comp 914.71 -1.73 Bombay B&E30 —dosed CLSA China B 867.01 -14.84 AlABOid 2,132.4 +8.1 FTSB100 3,504.0 +1.4 •SSrtfiSSirali Singapore*
    151 words
  • Article
    Teng Fong ups YHS stake to 42%, raises offer by 10 cts
    597 1  -  By Genevieve Cua SINGAPORE Like a pit bull prepared to fight till the bloody end, property magnate Ng Teng Fong yesterday raised his stake in Yeo Hiap Seng to 42.83 per cent and increased his offer price by
    597 words
  • Article
    Two more Japan credit unions go bust, minister urges calm
    523 1  -  Fran Anthony Rowley In TOKYO JAPANESE Finance Minister Masayoshi Takemura last night appealed for calm among depositors after announcing the failure of two more deposittaking institutions Hyogo Bank and Kizu Shinyo Kumiai. The two 6fMit unfbns, which are among the
    523 words
  • Article
    Lock icon $ cracks 99 yen before easing
    85 1 cracks 99 yen before easing Reuter LONDON The Americas dollar soared briefly within reach of the 100 yen watershed for the first timesiace February yesterday as worries moaated over the resiHeaee of the Japaaese financial system. The dollar broke above 99 yea foDowiag news of crisis in two Japaaese iaslhatioas
    Reuter  -  85 words
  • Article
    Lock icon Tokyo bank fears give Simex Nikkei the jitters
    199 1 Reuter SINGAPORE The Nikkei fi!tures contract on Simex lost its etfrfy strong gains on reports that the Japanese authorities had suspended some operations of another credit union. September Nikkei futures crashed from their intra-day high of 18,290 to a low of 17,900
    Reuter  -  199 words
  • Article
    10,000 copies of Windows 95 snapped up in Singapore
    417 1  -  By David Mok SINGAPORE More than 10,000 copies of Microsoft Corp's new Windows 95 software have been sold here since the product was launched a week ago and thousands more are expected to be sold before the end of the year.
    417 words
  • Article
    Uraco makes sparkling debut with 60% price gain
    368 1  -  By Michelle Lew SINGAPORE Uraco Holdings staged a shining debut yesterday in a market fuelled by speculative trading, continuing the recent trend of new issues rallying on their first trading day. Issued at 6S cents each, Uraco shares opened at $1 yesterday
    368 words
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      133 1 Bu rberrys; .""I/, f>7 Jf Reis»ns when it pours BT Online Look as up at httpe// www jßial -com.sg/btztimes S*pm Mm 13 SfanMm 1114 tapwrf Nns 44 FmkM 16.17 MMNnt 12 MailMts Qob/KLS, SES .20-22 ri*in 9ttuet IS I* 11 «tott 1$ fMont 10 Cmm IS TV/Utet* 9 SM/Comh -16.17
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      24 1 Law: pg n Australia loses libertarian judge Time Warner and Turner Broadcasting confirm merger talks USSB billion deal is in the works, Pg 12
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      19 1 Hock Lock Siew: pg 13 A minus to Plus rate plan LDPs hawks riding on Hashimoto's wiags, Pg 10
      19 words
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      Page 1 Advertisements Column 4
      223 1 Bottom Line: pg n Regulation and Jr A\y^ x r x Suntec does its bit: Frank Tsao, chairman of Suntec City Development, presenting a cheque to Senior Minister Lee Kuan Yew. Flanking them are two other Suntec directors: Run Run Shaw (left), chairman of Shaw Brothers (HK) and Television Broadcasts
      223 words
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      4 1 5 Model No 1606
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  • SINGAPORE NEWS
    • Eye on the Economy
      • Article, Illustration
        Lock icon Appetite goes up and down
        226 2  -  By Jenny Lam SINGAPOREANS' appetite for eating out appears to be expanding and contracting on a monthly cycle. After a two-month dip in the Catering Trade Index, expenditure on eating out picked up in March, dropped in April and rose again in May. The latest
        Source: Dept of Statistics  -  226 words
    • Article
      Financing costs above HDB exec flats'
      531 2  -  Government exec condos By Shiv Taneja PEOPLE opting for an executive condominium over a Housing Board executive flat are going to face a bigger problem than having to make do with less floor space financing costs will be significantly higher. At current lending rates,
      531 words
    • Article, Illustration
      Singapore is world's sixth richest economy
      351 2 Republic can still be economically strong in 30 years: Boon Heng SINGAPORE has become the sixth richest economy in the world, going by per capita gross national product measured in purchasing power terms. The Minister Without Portfolio, Lim Boon Heng, said this last night
      351 words
    • Article
      Govt to monitor exec condo projects before inviting co-operatives
      457 2  -  By Abdul Hadhi THE STRENGTH of the success of executive condominium projects at Jurong East and Pasir Ris will determine when other organisations such as housing co-operatives will be allowed to participate in this new housing scheme. A Ministry of National
      457 words
    • Article
      SM Lee praises Suntec developers' foresight in pursuing project in 1980s
      396 3  -  By Agnes Wee SENIOR Minister Lee Kuan Yew last night commended the foresight of the Suntec Group which had gone ahead with the Suntec City project during the recession in the 1980s. Mr Lee, who gave an address at
      396 words
    • Article, Illustration
      URA puts up 4 housing sites for sale
      157 3 FOUR suburban residential parcels are being offered for sale in the latest Urban Redevelopment Authority tender. All the sites come with 99year leases and are designated for mixed landed housing development. They are in: LfaMM Walk (Bedok Development Guide Plan), 14,280.8 sqm
      157 words
    • Article
      Phillips to invest $35m here over 5 years
      194 3 ELECTRONICS giant Phillips Singapore will invest $35 million here to set up two competence centres for its research and development (R&D) work. The company is investing $25 million over the next five years to set up a Radio Frequency (RF) competence centre
      194 words
    • Article
      S'pore backs call to implement Afta by 2000
      305 3 SINGAPORE is fully in favour of Asean eliminating tariff barriers under Afta by the year 2000, Trade and Industry Minister Yeo Cheow Tong said yesterday. With regional trade arrangements expanding elsewhere in the world and with China and India becoming more competitive,
      305 words
  • Page 2 Advertisements
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      568 2 Save up to 4hrs to Detroit and beyond. To crack th*s safe or enter Mrs Wizard s crystal ball, call Tele-Gam& on 1900-911-0003, at 30 cents a minute. Learn the latest And Spending Less 9 I m As we speed through the 1990'fc re-engineered companies are realising that department has
      568 words
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  • Page 3 Advertisements
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      480 3 Exclusively H STEP INTO A GOOD BUSINESS DECISION. Av*u>Me a Petite Finesse r»ii<i»pntnt TH: *****58 IttadMnaya Dept. Store •Lane Crawford RedWing Par East Plaza Isetan Wisma SakAjtm Petite Cherie Boutique Pie Ltd. 1*1:552 6233 Pax: 552 8723 IMUAM* P*k Avenue Mod* h USA 22nd CIRET Conference on Business Surveys Forecasting
      480 words
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  • SOUTH-EAST ASIA
    • Article
      Demand for strata-titled offices in KL growing: consultants
      351 4  -  By Jenny Lam SINGAPORE Interest in strata-titled offices in Kuala Lumpur is growing due to increased demand from small and medium size companies and the traditional short supply of such offices. Property consultants told Business Times that more strata-titled office buildings have
      351 words
    • Article
      Lock icon Philippine exports to South-east Asia up 81% in first half
      285 4 UPI MANILA Philippine exports to its nine South-east Asian neighbours jumped 81.3 per cent to US$l.O9 billion (S$ 1.54 billion) in the first half of the year, from U*****.87 million in the same period last year. The trade department said
      UPI  -  285 words
    • Article, Illustration
      Lock icon M'sians urged to learn new technologies
      232 4 Bernama KUALA LUMPUR Prime Minister Dr Mahathir Mohamad yesterday called on the people to equip themselves with new technologies to face an ever competitive world. They should be confident of the country's ability not only to acquire all forms of technologies but also to
      Bernama  -  232 words
    • Article
      Lock icon Less funds raised from capital mart, says Bank Negara
      370 4 Stock market turnover also dips in second quarter AFP KUALA LUMPUR Fundraising activity in Malaysia's capital market slowed down in the three months to June, even though the economy posted a strong growth of 9.3 per cent during the period, the
      AFP  -  370 words
    • Article
      Suharto forgives Harmoko for gaffe that riled Indon Muslims
      358 4  -  Fran Leslie Lopez In JAKARTA PRESIDENT Suharto has forgiven Information Minister Harmoko for the "slip of the tongue" that has put him in hot soup with the country's Muslim community. Mr Harmoko, who is also chairman of the ruling Golkar party,
      358 words
    • Article
      PT Citra Lamtoro signs US$2b Manila toll road deal
      258 4  -  From Al Labita in MANILA PT CITRA Lamtoro, an Indonesian firm controlled by President Suharto's daughter, will begin its US$2 billion (552.84 billion) joint venture Metro Manila skyway and toll road project this year. The go-signal followed the signing yesterday of
      258 words
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      100 4 jmk SINGAPORE Effective Ist September, Royal Air Cambodge will be introducing its fourth flight to and from the land of ancient kings where royal service remains unchanged. 2 VJ 010 1345/1440 2 VJOII 0950/1245 3 VJOIO 1345/1440 3 VJOII 0950/1245 5 VJOI2 1035/1130 4 VJOI3 1845/2140 7 VJ 010 1345/1440
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      Page 4 Advertisements Column 2
      322 4 jj jj II EPCs new regionalisation series featuring prominent speakers which present succinct, up-to-date I II information on the countries they do business with. They are excellent venues for netwoiking. The |j II series is part of EPC's efforts to help local enterprises in their regionalisation ventures. a PnvateTxtem.on of
      322 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Taipei urged to further ease control on flow of foreign investment in stocks
      373 5 AFP TAIPEI Following the recent round of deregulations, the Taiwan government is being urged to further ease its control on capital flows so as to attract more foreign stock investment. Foreign investors still cannot remit stock market
      AFP  -  373 words
    • Article
      Lock icon Lee Teng-hui set to name premier as running mate
      167 5 AFP TAIPEI Taiwanese President Lee Teng-hui is expected to name Premier Lien Chan as his running mate for next year's presidential elections, ruling Kuomintang (KMT) party officials said yesterday. Under the plan, KMT delegates will officially nominate Mr Lee to run
      AFP  -  167 words
    • Article
      Lock icon Motorola, Nokia to set up mobile phone network in China
      183 5 Xinhua HANGZHOU, China The Motorola Corporation of the US and the Nokia Corporation of Finland have been given approval to help their Chinese partners construct a mobile telephone network in east China's Zhejiang province. The two international telecommunications giants won
      Xinhua  -  183 words
    • Article
      Lock icon Magazine points out graft in Beijing
      86 5 AFP BEIJING An official Chinese magazine has insinuated for the first time that corruption may be widespread in the echelons of the Beijing city council. The accusations were made in a long article in the monthly China Youth on what it called the "Wang
      AFP  -  86 words
    • Article
      Lock icon UK workers to remain special in HK
      62 5 AFP HONGKONG The territory has no immediate plans to end special treatment for British nationals when it comes to getting a job in the territory, a government spokesman said yesterday. Britons do not require work visas upon arrival in Hongkong, unlike other nationals
      AFP  -  62 words
    • Article
      Lock icon China homes to be top market for PCs
      54 5 Bloomberg Business News BEIJING China's biggest market for personal computers will be private families by the turn of the century, industry officials said in the official China Daily. A recent official survey showed 700,000 PCs have been installed in private homes in
      Bloomberg Business News  -  54 words
    • Article
      Lock icon HK monthly trade gap dips
      264 5 Fall to HKsll.6b is third consecutive decline SCMP HONGKONG Hongkong's trade deficit narrowed for the third consecutive* month in July, underpinned by the colony's growing role as a transport hub and continued strong growth in re-exports goods made outside Hongkong but shipped out through the
      SCMP  -  264 words
    • Article, Illustration
      Lock icon Building up mass appeal
      50 5 Reuter BEIJING A young Chinese couple strolling past a billboard advertising modern, expensive bowsing on Tuesday as workers apply finishing touches to the sign. Chinese authorities have recently attempted to curb the flourishing luxury housing industry in favour of building cheap accommodation for the masses. Renter
      Reuter  -  50 words
    • Article
      Lock icon Taiwanese pick China as best place to invest
      142 5 AFP TAIPEI Almost half of Taiwan's manufacturers are target* ting China as their preferred investment destination, owing to the cheaper labour and promising market outlook, the Economics Ministry said yesterday. According to a ministry survey of 5,975 manufacturers in the seven months
      AFP  -  142 words
    • Article
      Lock icon HK service sector needs to rationalise, says bank
      213 5 Bloomberg Business News HONGKONG The rationalisation of Hongkong's service sector is inevitable in the light of falling demand and rising operating costs, Hang Seng Bank said in its monthly report yesterday. To cut costs and maintain normal operation, the bank said services
      Bloomberg Business News  -  213 words
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      612 5 CAMEBLIN PTE LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT .j>f. j *%f CONDITIONAL OFFER (-OFFER") BYCAMERUN PTE LTD ("CAMERUN") FOR YEO HAIP SENG LIMITED ("YHS") Morgan Granted (Aaia) Limited ("Detrtache Morgain GrenfeH") announces, for and on behalf of Camerlin, that tf>e Offer It extended for a period of 13
      612 words
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      548 5 ORCHARD PARADE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT f, v .U' The Directors of Orchard Parade Holdings Limited ("OPHL" or the "Company") announce that its whollyowned subsidiary Jelco Properties Pte Ltd ("Jelco" or "Offeror") has purchased from the market on 30 August 1995 a total of 18,119,114
      548 words
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  • ASIA
    • Article
      Group moots idea of Apec co-policing economic integration
      554 6  -  FIW Anthony Rowley In TOKYO A POTENTIALLY controversial proposal that the Asia Pacific Economic Cooperation forum (Apec) should be allowed to co-police the overall process of economic integration within the region was put forward yesterday by the Apec eminent persons group (EPG).
      554 words
    • Article
      Lock icon NZ's largest exporter says central bank causing overvalued NZ$
      364 6 Reuter WELUNGTON New Zealand Dairy Board chairman Dryden Spring reiterated criticism of the country's central bank and said the New Zealand dollar was somewhat overvalued as a result of its actions. Sir Dryden told a news conference yesterday the Reserve Bank
      Reuter  -  364 words
    • Article
      Lock icon Japan companies, workers need help
      50 6 Reuter TOKYO Japan needs to support companies suffering as a result of the high yen and has to help create new businesses to absorb workers left jobless as a result of the hollowing out of Japan's manufacturing industries, Finance Minister Masayoshi Takemura said yesterday. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Agreement on software quality checks
      65 6 Bloomberg Business News TOKYO A Japanese government body has agreed to drop a proposal to check the quality of computer software which may have threatened American exports to Japan. The Japan Accreditation Board for Quality System Registration and representatives of the US software industry signed
      Bloomberg Business News  -  65 words
    • Article
      Lock icon South Korean output up 15% in July
      96 6 AFP SEOUL South Korea's industrial output grew 14.9 per cent from a year earlier in July, but leading indexes for future industrial performances turned downward for the first time in 26 months, the National Statistics Office (NSO) said yesterday. The output growth was
      AFP  -  96 words
    • Article
      Lock icon Yen loans not part of China aid freeze
      92 6 Reuter TOKYO Japan decided yesterday against including a cut in yen loans to China in measures it is taking against Beijing over its nuclear tests. Japanese Vice-Foreign Minister Sadayuki Hayashi summoned Chinese Ambassador Xu Dunxin to the foreign ministry yesterday and informed
      Reuter  -  92 words
    • Article
      Lock icon Seoul comes down hard on smoking
      34 6 AFP SEOUL South Korea will ban smoking from public transport, office buildings and hotels from next month and ban outdoor tobacco advertisements from 1997, a spokesman said yesterday.
      AFP  -  34 words
    • Article, Illustration
      Lock icon 1% quarterly growth kills Aussie inflation fears
      487 6 Bloomberg Business News AFP SYDNEY The Australian economy expanded by a smaller-than-expected one per cent in the quarter to June, spurring optimism that the economy is not about to boil over and accelerate inflation. "The economy is moving along at cruising pace," said
      Bloomberg Business News; AFP; Reuter  -  487 words
    • Article
      Lock icon Australia's foreign debt jumps 6.9% to record high
      331 6 Bloomberg Business News SYDNEY Australia's net foreign debt in the June quarter surged 6.9 per cent to a record, highlighting the nation's reliance on foreign savings and talcing the shine off the local currency. Together with Australia's pitiful savings rate, analysts said
      Bloomberg Business News  -  331 words
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      252 6 THE LUXURY CAR i£ THAT LEAVES All ESTABLISHED WISDOM IH ITS WAKE. \m 3 4r \*p 9 sum t THE NEW BMW 7 SERIES. TAKING THE LEAD. A quick look at the top end of the car market today and you'd Then, there's the world of the new BMW 7
      252 words
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  • FOCUS
    • Article, Illustration
      Lock icon Blackboard plans to meet the demands of industry
      1144 7 Education and training in Indonesia Is- IF AN educated population is the key to productivity, Indonesia still has homework to do. Indonesia's progress in basic education has been impressive. In 1968, just one in two children under 13 attended I Now there
      Source: World Bank; Source: Central Bureau of Statistics and  -  1,144 words
    • Article
      Training workers to run a mine
      238 7 FOR Kaltim Prima, a joint venture between CRA of Australia and British Petroleum, putting down USSSSOm in capital investment in 1991 was the first step to setting up Indonesia's largest coal mine. The next hurdle the company faced was setting up a comprehensive programme
      238 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      102 7 m fPTfe P&figk m WB& t 0.1 m rti •ft. f-st Ik, if: K In other words, the new 7 Series expresses much more than all the old cliches about status: it reflects your attitude and as well. And just why this concept is so well suited to She fast-changing,
      102 words
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      Page 7 Advertisements Column 2
      24 7 E These articles are reprinted from the Aug 14 issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd
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  • Page 8 Advertisements
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      1269 8 WHERE TO WINE, PINE AMP ENTEBTAIN W L WORLO SUkWGEST SELLING BEER JE a4t M,~£atli*2lkizare/ -«d j^— II MORE THAN JUST I SEAFOOD! I Beaides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pro to 8.40 pm, Mondays
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      Page 8 Advertisements Column 2
      263 8 HH Heavenly Mooncakes at Mandarin Singapore From 6th August till 9th September Savour this year's divine creation, the Shandong Mooncake. 7 Traditional favourites like our famous Ciolden Ingots, snow skin mooncake and 7 stars with white lotus paste are also available. Win lots of valuable prizes in our Grand Lucky
      263 words
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  • LIFESTYLE
    • Article, Illustration
      Trump buys mansion and estate to use as exclusive golf course
      497 9  -  Tracie Rozhon reports on the property tycoon's latest acquisition Tracie Rozhon Donald j Trump is buying another mansion: the 14 bedroom, 28,322 sq ft Mount Kisco chateau known as Seven Springs. He plans to turn it and its surrounding
      497 words
    • Article, Illustration
      Lock icon Zooming in on variety
      615 9 Venice Film Festival Reuter VARIETY will be the watchword in the Venice Film Festival that opened yesterday with Hollywood competing for the coveted Golden Lion against more exotic fare from Iran and Kazakhstan. "I can only say that in the selection process we made it a
      Reuter  -  615 words
    • Article, Illustration
      Lock icon Liz cancels launch of fragrance
      341 9 Reuter ELIZABETH TAYLOR, the violet-eyed actress known for her films, love life and, lately, perfumes, has cancelled the launch of her latest fragrance, a statement said on Tuesday. The actress was to have introduced Elizabeth Taylor's Black Pearls in September but due to recent changes
      Reuter  -  341 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1073 9 Omnibus: Suitable Buy Vikram Seth, 10pm, Ch 12 Vikram Seth, the m--1994 Commonwealth profiled in this documentary. It covers young Vikram boarding school, reading and Vl^BflP^^QJ||Hy writing Chinese poetry, inter- V (J views with his family, and tries -jJjjlL 1 to see how parts of his books are based on
      1,073 words
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  • Article
    A coup of a condo scheme
    543 10 WHICHEVER way you look at it, the government's decision to introduce the executive condominiums scheme is a politically astute move. The sharp increases in residential property prices in recent years may have enriched many proper-ty-owning Singaporeans, but it has also pushed to the brink
    543 words
  • Article
    Bursaries into true wealth
    266 10 THE EDUSAVE Merit Bursaries, announced in the Prime Minister's National Day Rally speech and set to be awarded from next year, further refine a scheme that was introduced in 1993. One tends to forget that the education saving programme, or Edusave, is still in its infancy.
    266 words
  • Article
    Helping the poor
    234 10 ONE OUT of every five students is expected to benefit from the Edusave Merit Bursary scheme to be implemented by the end of this year. The bursaries are part of the Government's efforts to help children from poor homes. But some questions need to be answered. Will
    234 words
  • Article
    Hawks to the fore
    125 10 THE PRESIDENCY of the Liberal Democratic Party (LDPX the largest party in Prime Minister Tomiichi Murayama's coalition government, is being contested again. Japan's Deputy Prime Minister and Foreign Minister Yohei Kono, the incumbent LDP president, had announced he planned to seek a second two-year term. But
    125 words
  • Article
    Banking behemoth
    237 10 THE MARRIAGE of Chase Manhattan Bank and Chemical Bank may well be a boon for the two banks and their stockholders. It means that a newly efficient and productive behemoth based in New York City will be better equipped to compete globally with the financial giants of Europe
    237 words
  • Article
    Shelling a war crime'
    105 10 THE massacre in a market, filled mainly by women shopping, and the shelling of a hospital has triggered no reaction from Nato nor the UN. The guns from the rapid reaction forces were silent. The first reaction by the UN on the massacre in Sarajevo was
    105 words
  • Article
    Whither US credibility?
    105 10 THE United States has repeatedly declared its commitment to the establishment of peace in the former Yugoslav republic of Bosnia-Herzegovina and protection of the UN-proclaimed safe areas in the war-rav-aged republic. But if seen against a backdrop of hesitation, contradiction and inaction, American declarations on Bosnia's tragedy
    105 words
  • Article, Illustration
    Lock icon LDP's hawks riding on Hashimoto's wings
    940 10  -  Kono's decision to step aside is a sign of the times, says Anthony Rowley in Tokyo Anthony Rowley The writer is BTs Tokyo correspondent JAPANESE Foreign Minister Yohei Kono's decision to abandon his attempt at being re-elected president of the Liberal Democratic Party and
    Reuter  -  940 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      241 10 BUS I N E S S T NOTICE I THE SIAM COMMERCIAL BANK PUBLIC CO. LTD. I Negotiable Floating Rate I United States Dollar Certificates I of Deposit due in February 1998 I In accordance with the provisions of the Certificates of Deposit, I notice is hereby given that for
      241 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      39 10 DOJ'T U***T TP WOU) C M y voirm "BOUT Sf*eMD»HBE.TS pro UMGQbS AND J WGHUJPK MTiMcr **JD £-HML PVNP> rll TMPnr NQMSeWSE... DOONESBURY GARRY TRUDEAU rrMswws omce 7M ijbsmtik/MOMW mon SM447»**«>//**.. KTJOL nou>rr 1 umamr m-m VOUZAREHT muooH WT!
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  • The Law Page
    • Article, Illustration
      Australia losing its most libertarian judge
      612 11  -  Selva Kumar assesses the implications of William Deane leaving the bench to become next governor-general Selva Kumar The writer is a Sydney-based freelance writer NEWS of the appointment of High Court judge William Deane as Australia's next governor-general was received with gloom by progressive
      612 words
    • Article
      Why NZ court's allowing transsexual marriages
      872 11  -  By Selva Kumar TRANSSEXUALS in New Zealand who attain the physical attributes of a person of their "chosen sex" by hormone therapy and reconstructive surgery may then marry a person of the opposite sex. In its recent judgement in the Attorney-General v Otahuhu Family
      872 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      246 11 -YOU WOULDN'T BE LOST, IB IF YOU CARRY I>ll9 No matter what business you do, getting the right information at the right time will give you the COMPETITIVE EDGE. Now you can obtain all these important information in a single package, BIS, a business database system suitable for all who
      246 words
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      Page 11 Advertisements Column 2
      1043 11 SWDIOiD BMK HOLDING SW Head Office: Turin, Italy. Sanpaolo Bank Singapore Branch: 20 Collycr Quay, #14-01/02, Tung Centre, Singapore 0104. Consolidated Balance Sheet Consolidated Statement of Income Aj of December 31,1994 As of December 31,1994 (millions of lire) (millions of lire) 12/31/94 12/31/94 Assets Interest income and similsr revenues 14,302,144
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  • Article
    Lock icon Time Warner and Turner m US$8b merger talks
    498 12 Reuter AP AFP Bloomberg Business News NEW YORK Time Warner Inc and Turner Broadcasting System Inc confirmed yesterday that they are discussing a merger that other sources said would be worth more than US$B billion (S$ 11.28 billion). "Discussions concern an exchange
    Reuter; AP; AFP; Bloomberg Business News  -  498 words
  • Article
    Lock icon US July mutual fund investments hit record
    430 12 USsl2.4b poured into funds investing mainly in Wall Street NYT NEW YORK In a remarkable demonstration of faith that stock prices have nowhere to go but up, investors poured more money into mutual funds that invest in American stocks last month than ever
    NYT  -  430 words
  • Article
    Lock icon Confident Mexico declines IMF funds
    226 12 Reuter MEXICO CITY In a sign of Mexico's growing financial self-confidence, officials said on Tuesday the country no longer needed help from the International Monetary Fund because it can borrow at better terms elsewhere. Finance Ministry sources said the country would not draw on some
    Reuter  -  226 words
  • Article, Illustration
    Lock icon Nato-UN force launches massive air strikes against Bosnian Serbs
    286 12 AFP Reuter AP SARAJEVO Scores of Nato aircraft backed by artillery of the United Nations* rapid reaction force carried out massive attacks on Bosnian Serb positions all around Sarajevo early yesterday in retaliation for a mortar attack on the city that
    AFP; Reuter; AP  -  286 words
  • Article
    Lock icon Borrowers look to Japan for cheap funding
    375 12 NYT NEW YORK Corporations and nations are taking advantage of some of the lowest borrowing rates in the world by selling bonds in Japan. They can borrow money in Japan for 10 years at rates as low as 3.5 per cent, about three
    NYT  -  375 words
  • Article
    Lock icon US growth drops markedly to 1.1% in second qtr
    362 12 AP WASHINGTON The US economy slowed dramatically in the second quarter of this year, expanding at its weakest pace in nearly four years. But the 1.1 per cent annual rate of growth for the AprilJune quarter, reported yesterday by the Commerce
    AP  -  362 words
  • Article, Illustration
    Regulators must understand technology better
    862 12  -  The Bottom Line SREE KUMAR SREE KUMAR The writer is a researcher with interests in economic development, management and industrial economics WHEN is too much competition bad? This would seem a current concern if the news from Malaysia is anything to go by. We have
    862 words
  • Article
    Lock icon British investigators interview Leeson in jail for first time
    198 12 Reuter FRANKFURT Former Barings Bank trader Nick Leeson met British investigators yesterday for the first time to explain his role in the crash of the venerable London bank and plead that England seek his extradition. An official from the Serious Fraud
    Reuter  -  198 words
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      Page 12 Advertisements Column 1
      19 12 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute.
      19 words
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      Page 12 Advertisements Column 2
      218 12 For stories, quizzes songs, cell Children's Funlsnd on 1900-910-0001 at 30 cents s minute. W Allen-Bradley Company, Inc., a world leader in Industrial Automation Controls, is proud to V announce that HoST Enterprises of Singapore has been signed as our. fully authorised Distributor for the Singapore/Johore marketplace. The Allen-Bradley/HoST relationship
      218 words
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  • COMPANIES & MARKETS
    • Article
      Wing Tai joins Sino Land in bid for HK rail station site
      492 13  -  Fran Quak Hiang Whai x in HONGKONG SINGAPORE'S Wing Tai Holdings group has joined hinds with property magnate Ng Teng Fong to bid for a niece of land in Hongkong stated for the development of a new airport
      492 words
    • Article
      Lock icon Gold Peak Shareholders OK plan to list unit in S'pore
      252 13 Reuter HONGKONG Shareholders of Gold Peak Industries (Holdings) have given the gfien light for its management to list its electronics unit in Singapore. Chairman Victor Lo said he expected the listing to take place by the end of this year.
      Reuter  -  252 words
    • Article
      Liang Court disappoints with 24% drop in interim earnings
      381 13  -  Higher interest charges gobble up 57% rise in turnover By Abdul Hadhi SINGAPORE Higher interest expenses dragged down Liang Court Holdings' interim group earnings 24 per cent to $3.46 million. The group's results for the six months to June 30, released
      381 words
    • Article
      CSA interim profit rises 4%; meeting full-year forecast will be uphill task
      271 13 SINGAPORE CSA Holdings Ltd may have a hard time meeting analysts' expectations for full-year net earnings, going by the interim results it posted yesterday. While turnover for the six months to June 30, 1995, grew strongly by 60
      271 words
    • Article
      Plus' toll rate hike plan puts KL govt in a fix
      854 13  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR The Malaysian government is in a bit of a jam over a 33 per cent hike in toll rates sought by Projek Lebuhraya Utara-Selatan (Plus), which milages the 900 km
      854 words
    • Article
      Sembawang Corp to sell its 11% stake in ST Capital
      216 13  -  By Conrad Raj SINGAPORE Sembawang Corporation is selling its entire 11 per cent stake in ST Capital Ltd back to its parent Singapore Technologies Pte Ltd for some $25.64 million or $1.63 a share. The proposed sale by Sembawang's wholly-owned
      216 words
    • Article
      Two brokers quit to focus on other financial businesses
      205 13 SINGAPORE Two senior stockbrokers have quit their firms to concentrate on other businesses in the financial sector. The managing director of Ong Co, Ong Ka Thai, resigned from that company on Tuesday to become chairman of another group company, Ong Commodities.
      205 words
    • Article, Illustration
      MARKET MOOD
      50 13 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, GK Goh, Kay Hian, Morgan Grenfell, Ong Co. Nomura, Phillip, Smith New Court, Wl Can and SG Warburg.
      50 words
    • Article, Illustration
      HOT STOCK
      94 13  -  -By Paul Leo TAKE profit on HBM Print «t yesterday's close of 68 cents. Both Relative Strength Indices and stochastics are overbought and the upside is limited to the all-time high of 75 cents. Tuesday's upmove on strong volume of 8.09 million shares is a blowoff and yesterday's
      94 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Asiamatrix seeks suspension
          40 14 SINGAPORE Plastic mould injection company Asiamatrix requested for a suspension in trading of its shares and warrants yesterday pending an announcement. The Sesdaq counter's share price had moved up from $1.00 to $1.26 recently on takeover rumours.
          40 words
        • Article
          Volume rise: Compact Metal in the dark
          41 14 SINGAPORE Replying to a Stock Exchange of Singapore query, aluminium products supplier Compact Metal Industries said it was not aware of any reason for the increase in trading volume of its shares on Tuesday.
          41 words
        • Article
          British Telecom, ACI in network deal
          61 14 SINGAPORE British Telecommunications has been chosen by Acer Computer International (ACI) to meet its global networking needs in AO's market covering Asia-Pacific, Middle East, Africa and the Commonwealth of Independent States. Under the contract, the telecom company will connect ACl's worldwide network of offices
          61 words
        • Article
          Lock icon Indon miner to list in UK, Jakarta
          40 14 Reuter JAKARTA Indonesia's Tambang Timah, the world's largest integrated tin miner, will list its shares on the London and Jakarta stock exchanges in October this year, Timah financial director Maryat Nirwandi said. Reuter
          Reuter  -  40 words
        • Article
          Lock icon Advance Synergy's UMG offer revised
          96 14 Bernama KUALA LUMPUR Advance Synergy Bhd's mandatory general offer for the acquisition of 198.72 million Msl shares in United Merchant Group Bhd has been revised with new alternatives for every one UMG offer share. Amanah Merchant Bank Bhd, on behalf of the company, said in
          Bernama  -  96 words
        • Article
          Lock icon Granite may divest stake in China firm
          97 14 Reuter KUALA LUMPUR Granite Industries Bhd may divest its stake in a China gaming venture as it restructures into a timber and hotel group, a senior company official said. Granite will take a "hard look" at its sole overseas investment when its gets
          Reuter  -  97 words
        • Article
          Lock icon Krung Thai Bank profit up 12.5%
          69 14 Bloomberg Business News BANGKOK Krung Thai Bank pic said its net profit in April-June quarter was 2.35 billion baht (S$ 133 million), an increase of 12.5 per cent from the same period last year. Per-share profit was 1.74 baht, compared to 1.55 baht last
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Finance One profit declines 10.5%
          100 14 Reuter BANGKOK Finance One pic posted a decline of 10.5 per cent on its consolidated net profit in the April-June quarter, to 583.9 million baht. Per-share earnings tumbled 78 per cent, to 1.11 baht compared to the same period last year, as the company sold
          Reuter  -  100 words
      • Article
        Untitled
        519 14 MMM0MV prfcM Aug 31 Mendaki Gr Fund 1.02 I.OSffi US Gr Fund 1.10 I.I4* SSTL "5 64 UOB Asset Mgt Ltd The Savings Fund 1.50 1.59 Unifund 1.43 1.49 S'porc Prog Fund 0.61 0.65 Limbond 1.06 1.085 S'porc Sec Fund 0.91 0.97xd United Gr Fund! 1.58 l.65« S'porc Invest Fund
        519 words
      • Article
        Lock icon KL exchange clarifies doubts on introduction of scripless trading
        431 14 MBT KUALA LUMPUR Fears and doubts over the implementation of the Central Depository System (CDS) have been brushed aside by the Kuala Lumpur Stock Exchange. In a statement yesterday, the KLSE clarified several points that were raised in a recent news
        MBT  -  431 words
      • Article, Illustration
        Datacraft Asia meets earnings forecast
        452 14  -  Computer firm is planning regional ventures By Claire Leow SINGAPORE Computer network specialist Datacraft Asia yesterday reported a 50.1 per cent rise in full-year net earnings to U554.76 million (556.75 million), a shade higher than that forecast in its prospectus. It was the first set
        452 words
      • Article
        Chuan Hup unit bags Indon coal transport contract
        257 14 SINGAPORE Marinebased Chuan Hup Holdings has won a US$226 million (SS3IB million) Indonesian coal transport contract through associate PT Rig Tenders Indonesia. In a statement yesterday to the Stock Exchange of Singapore, Chuan Hup said the 15year contract with an option for
        257 words
      • Article
        Two NYSE-traded Chinese firms post robust earnings
        374 14  -  From Quak Hiang Whai in HONGKONG AMID the current slump in H-shares, two Chinese-con-trolled companies with stocks traded on the New York bourse have reported impressive interim results. China's largest petrochemical group Shanghai Petrochemical Co Ltd, in an early morning announcement yesterday, said
        374 words
      • Article
        Horiguchi suitors launch formal $1-a-share offer
        267 14 SINGAPORE Champerdon Pte Ltd, a local company owned by Malaysian and Singapore interests, yesterday formally launched a takeover for Sesdaq-listed Horiguchi Engineering at $1 a share. A statement issued by Champerdon's merchant banker Standard Chartered Merchant Bank Asia said the offer for the loss-incurring
        267 words
      • Article
        Weak market hits 2 Indon property firms' interims
        411 14  -  From Maggie Ford in JAKARTA PRICE-conscious home buyers looking for value, along with high interest rates and an increase in office space, have slowed the Indonesian property market leading two companies to post poor interim results yesterday. Duta Anggada Realty, the developer
        411 words
      • Article
        China Merchants' earnings up 17%
        159 14 SINGAPORE Recentlylisted China Merchants Shekou Port Service has reported a 17 per cent increase in interim group earnings to 59.5 million renminbi ($lO.l million). Group turnover for the half-year to June 30 rose 20.7 per cent to 174.2 million renminbi. Earnings per share was 21.5
        159 words
      • Article
        Lock icon New World Devt plans reorganisation
        190 14 Bloomberg Business News HONGKONG New World Development Company Ltd, Hongkong's fourth-largest property development company, is planning a reorganisation that will involve listing its hotel management subsidiary on the New York Stock Exchange. The proposed reorganisation will consolidate all of New World's hotel management business, now
        Bloomberg Business News  -  190 words
      • Article
        Lock icon Tan Chong (M)'s interim profit up 32%
        115 14 Bernama KUALA LUMPUR Tan Chong Motor Holdings Bhd's group pre-tax profit rose 32 per cent to M 580.838 million (Ss46 million) for the half year ended June 30, 1995, from M 561.184 million in the previous corresponding period. The company said yesterday that
        Bernama  -  115 words
      • Article
        Ong Beng Seng's Perth Parkroyal to get A$11.5m upgrade
        281 14  -  From Surinder Singh in SYDNEY AVANT HOTELS will spend A$ 11.5 million (S$ 12.3 million) extending and upgrading its Perth Parkroyal. Avant, owned by Singapore businessman Ong Beng Seng and handled by Southern Pacific Hotels, plans to add 94 rooms to
        281 words
      • Article
        Lock icon Corporate raider LeBow has clearance to buy 15% of RJR
        477 15 Bloomberg Business News NEW YORK RJR Nabisco Holdings Corp, the product of the largest takeover in United States history, has drawn the attention of corporate raider Bennett Leßow. The New York-based consumer products giant said yesterday that the New Valley
        Bloomberg Business News  -  477 words
      • Article
        Lock icon Fletcher Challenge results lifted by paper price surge
        396 15 Bloomberg Business News AUCKLAND Rising world prices underpinned a turnaround in the pulp and paper earnings of New Zealand forestry and energy group Fletcher Challenge Ltd in the year ended June 30. The company said it expected those prices to continue rising,
        Bloomberg Business News  -  396 words
      • Article
        Lock icon 25% gains seen in new markets: Barings
        136 15 Reuter LONDON Emerging markets arc set to gain most from the current global bull run on stock markets, with a possible 25 per cent return over the rest of 1995, Barings Securities said. It recommends relative overweighting of Brazil to Mexico, Malaysia to
        Reuter  -  136 words
      • COMPANY BRIEFS
        • Article, Illustration
          Lock icon NEC develops snake-like robot
          92 15 Reuter TOKYO NEC Corp has developed a snake-like, remote-con-trolled robot with a camera on its head (above) to explore inaccessible places, the company said yesterday. It can examine pipes, search the rubble of collapsed buildings and transmit television pictures back to its operator. The robot is
          Reuter  -  92 words
        • Article
          Lock icon HK adds 10 minutes to trading day
          68 15 AFP HONGKONG The Hongkong stock exchange yesterday said it is adding 10 minutes to its trading day. The exchange said in a statement that from tomorrow, the new closing time of 3:55 pm (0755 GMT) will bring the end of business closer to
          AFP  -  68 words
        • Article
          Lock icon UK's Fisons boosts defence against bid
          73 15 FT LONDON Fisons, the UK drugs company, has bolstered its defence against a hostile £1.7 billion (553.7 billion) bid from Rhone-Poulenc Rorer, a US rival, with the sale of most of its distribution businesses for £201 million. The buyer is Fisher Scientific International of
          FT  -  73 words
      • Article
        Lock icon Hewlett-Packard veteran to head newly grouped computer unit
        328 15 Bloomberg Business News PALO ALTO, California Hewlett-Packard Co has consolidated its computer-related businesses, with about US$2O billion (5528.4 billion) in sales, into a single unit and promoted 41-year-old Richard Belluzzo to run it. Mr Belluzzo, a 20-year Hewlett-Packard veteran who heads the
        Bloomberg Business News  -  328 words
      • Article
        Lock icon CRA's interim profit soars 40% to A$281m
        332 15 But Aussie mining giant expects flat earnings growth for rest of year Bloomberg Business News MELBOURNE CRA Ltd, Australia's largest mining company, said yesterday it expects little profit growth in the second half, after reporting earnings rose 40 per cent to As2Bl million
        Bloomberg Business News  -  332 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon US banking jobs lost since '93 hit 75,000, more to follow
        466 16 Bloomberg Business News CHICAGO US banks have slashed 75,000 jobs in the last 32 months, and even larger reductions are likely in the next five years, according to a new study. Most of the layoffs have resulted from routine
        Bloomberg Business News  -  466 words
      • Article
        Lock icon More US bank mergers expected
        462 16 Competitive pressures seen pushing banks and thrifts together LAT Bloomberg Business News LOS ANGELES Who's next? Will Wells Fargo combine with First Interstate? Will Glen Fed buy CalFed? Will Bank of America acquire Bank of Boston or be acquired by Nationsßank? These are among the
        LAT; Bloomberg Business News  -  462 words
      • Article
        Commercial Union Assurance sets up risk management unit
        274 16  -  By Shiv Taneja SINGAPORE Commercial Union Assurance, a leading British insurance company, has set up a risk management unit in Singapore for its clients in South-east Asia. In a statement yesterday, Commercial Union said the unit, Commercial Union Risk Management Asia, has
        274 words
      • Article
        HKBank to issue HK$1b in floating rate CDs
        160 16 HONGKONG Hongkong and Shanghai Banking Corp is planning a Hongkong dollardenominated debt sale HKSI billion (SslB3 million) floating rate certificates of deposit (FRCD) issue to finance the group's business expansion. HSBC Markets is arranging the syndication which will close on or around
        160 words
      • Article
        Lock icon Safe havens still exist but they are constantly changing: analysts
        321 16 Reuter LONDON The concept of the sure-fire safe haven is waning as markets grow more integrated, investors more sophisticated and traditional dangers recede, analysts say. "There isn't any currency which at all times can be defined as being a safe
        Reuter  -  321 words
      • Article
        Lock icon Moody's gives weak ratings to Chinese banks
        256 16 AFP BEIJING Moody's Investors Service yesterday assigned its new Bank Financial Strength Ratings (BFSRs) to five Chinese banks, three of which it placed in the weakest category. The ratings, ranking from "A" to "E", or "exceptional" to "very weak", are intended to provide
        AFP  -  256 words
      • Article
        Lock icon Size isn't a big deal to Citicorp chairman
        398 16 NYT NEW YORK It is certainly no surprise to John S Reed, the chairman of Citicorp, that his bank will no longer be the largest in the United States. In recent remarks to reporters, Mr Reed cracked that if Richard M Rosenberg,
        NYT  -  398 words
      • Article
        Lock icon World oil prices remain flat despite low US inventories
        282 16 ENERGY REPORT Reuter LONDON World oil prices stayed flat yesterday, failing to break above a month-long range despite more evidence that oil stocks in the US, the world's biggest importer, are at exceptionally low levels. London October futures for North Sea
        Reuter  -  282 words
      • Article
        Lock icon Currency
        210 16 AFX-Asia LONDON The dollar held steady in active afternoon trade, reversing earlier gains seen after news of a higher-than-expected upward revision to preliminary US Q2 GDP. US Q2 preliminary GDP growth was revised to an annualised 1.1 per cent from a provisional 0.5 per cent. Most UK analysts had
        AFX-Asia  -  210 words
      • Article
        Lock icon New York
        96 16 AFP NEW YORK The dollar was sharply higher against the yen but clown against other major currencies in moderate trading amid the latest reports on the US economy. Gold was up 50 cents to U*****.90 an ounce from the closing price on Tuesday. At 1420 GMT, the dollar
        AFP  -  96 words
      • Article, Illustration
        Untitled
        1355 16 lrailf-Hftxhled index cakulalnl against s pur,-1 I,ifi 14 trading partners Ba* yrar I98f US$/S$ forward rates Noon Aug 30 ss Bid Offer 1-month 1.4200 1.4213 2-month 1.4166 I.4ISI V month 1.4134 1.4149 6-monlh 1.4042 1.4062 Source: OCBC FOREIGN CURRENCY NOTE RATES At at 9m m Aug 30 Singapore dollars lo
        1,355 words
    • COMMODITIES & FUTURES
      • Article
        Euroyen up sharply on fears over bank crisis
        1371 17 SINGAPORE News of more problems with the Japanese banking system kicked Simex Euroyen futures sharply higher in afternoon trade with many dealers predicting further gains today. Eurodollar futures range-traded and were expected to remain stable until US August unemployment data comes out
        1,371 words
      • Article
        Tokyo rubber jumps on yen's fall
        661 17 COMMODITY REPORTS Rubber TOKYO: Rubber futures surged across the board in bullish sentiment fuelled by the yen's fall against the dollar coupled with expectations of tight supplies due to prolonged rain in producing countries, traders said. Prices ranged from 2.7 to 6.3 yen per
        661 words
      • Article
        Metals limits to return to normal
        101 17 TOKYO The Tokyo Commodity Exchange said that from tomorrow, it will return to the original form of daily price limits for precious metals tradins based on a sliding scale in relation to metal prices. Since May, daily price limits have been fixed regardless of
        101 words
      • Article
        Stainless steel sheet prices to ease
        107 17 TOKYO Nickel-based stainless steel sheet prices are holding steady in Japan but should ease in coming weeks due to a sharp drop in prices in Hongkong. Austenitic, nickel-based 304 stainless steel sheet is now fetching 290 yen (554.17) per kg in Japan, unchanged from
        107 words
      • Article
        World zinc producer stocks up
        60 17 LONDON World producer zinc stocks totalled 322,500 tonnes in July, up 5,500 tonnes from an upwardly revised 317,000 in June, but down 27,800 from 350,300 in July 1994. World zinc production in July (31 days) totalled 444,300' tonnes, compared with a downwardly revised 451,500 in
        60 words
      • Article
        Thais to sell 1.11m tonnes sugar
        68 17 BANGKOK The Thai Cane and Sugar Corp oil Tuesday approved in principle a tender to scfl tip' to 1.11 million tonnes of long-term contract raw sugar, a corporation official said yesterday. A committee will be set up to handle the tender, includiag the setting
        68 words
    • Article
      COMMODITY PRICES
      1404 17 SICOM Futures Rubber (futures dasiaf as at 5.30p«) WSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Sep 95 203.00 203.00 204.00 50 150 Oct 201.50 199 50 201.50 375 1925 Nov 201 50 199.50 201.50 175 1325 Dec 201.50 199.50 201.50 125
      1,404 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        966 18 +8.1 Share prices closed higher yesterday as confidence on the bourse was boosted by the release of bullish economic data. "We're seeing a little more confidence. People have gradually digested the data that has been made available in the last couple of days," said a broker. The All Ordinaries
        966 words
      • Article
        Manila
        551 18 +14.11 Share prices closed higher although profit-taking cut gains towards the close, brokers said. "The rebound was basically a technical rally, mainly of some index-linked stocks after a twoweek slump," said a broker. "Some issues corrected after a run-up early in the morning." The PSE Composite Index gained 14.11
        551 words
      • Article
        Taipei
        506 18 +64.08 Share prices finished higher for a third successive winning session, with all eight major categories of shares posting gains across the board. "More individual investors joined institutions to pick up bargains," said a dealer. The 321-issue Weighted Price Index climbed 64.08 points to close at 4,832.48. Turnover was
        506 words
      • Article
        Seoul
        430 18 -1.7S Stock prices closed lower as investors took a wait-and-see position over uncertainties about future market direction. "Trading was dull, as most investors remained on the sidelines, just looking for an opportune time to move in," said a dealer. The Composite Price Index slid 1.75 points to settle at
        430 words
      • Article
        New Zealand
        390 18 +12.07 Shares closed higher after a day's trade dominated by Fletcher Challenge and its coleaders, but with activity spread across the board. The benchmark NZSE-40 Capital Index closed 12.07 points higher at 2,102.57 on the solid volume of NZ$B7 million, but brokers said that figure might have been
        390 words
    • WORLD STOCK MARKETS
      • Article
        London
        743 18 +1.4 UK SHARES ended little changed after trading in a narrow range for most of the day. A lack of company and economic news deprived shares of fresh impetus and with follow-through from the holiday weekend, activity remained muted. "We're holding steady but it's very stock selective," said a
        743 words
      • Article
        Paris
        147 18 +21.92 French shares closed higher on growing hopes for an interest rate cut from the Bank of France council meeting today. The CAC-40 Index closed 21.92 points up at 1,921.43. The recovery in the franc has improved the chances of a cut in at least the 5-10 day emergency
        147 words
      • Article
        Frankfurt
        151 18 +11.23 German shares closed higher in light trading as investors covered short postions in the last 30 minutes of trading. The DAX Index closed at 2,251.30, up 11.23 points. the most active shares was Deutsche Bank, which ended trading 0.50 marks higher at 68.30. r 11 11 r riiiKTun
        151 words
      • Article
        Milan
        154 18 -11 Italian shares closed mixed, with some support from a firmer lira, as they struggled to find a clear new direction in a session dominated by a massive sell-off of Olivetti. The all-share Mibtel Index ended almost unchanged at 10,254, down 11 points on the day. Most industrials were
        154 words
      • Article
        Amsterdam
        263 18 +1.38 Dutch shares index flirted with key resistance at the 460 level but failed to hold above it at the close. Dealers said a firm Wall street open and a steady dollar had buoyed the market, but low volumes meant t/ade was cautious and any larges moves in the
        263 words
      • Article
        Stockholm
        110 18 -5.4 The Stockholm bourse bucked an international trend and deflated as giants Ericsson and Volvo sank, but brokers said a change was in the air. "It's starting to look better. New York is showing strength," said a broker who felt prices would turn up this morning. The General Index
        110 words
      • Article
        Zurich
        173 18 +28.4 Swiss shares closed higher on technical factors, a firming dollar and futures-relat-ed buying. The resignation of Swiss Finance Minister Otto Stich helped the market in late trade, dealers said, adding that Stich has been opposing liberalisation efTorts in the Swiss financial sector. The blue-chip SMI Index advanced 28.4
        173 words
      • Article
        Johannesburg
        349 18 -7.4 South African shares ended a listless day's trade mostly softer with gold shares falling on a weaker bullion price and dragging the overall index down amid a lack of interest, dealers said. "Trade has been very, very mixed. Gold is down on a lower gold price but industrials
        349 words
      • Article
        Toronto
        254 18 -7.96 Stocks dipped lower at the opening in quiet early trading, following Tuesday's drop in the key index of more than half a percentage point. The TSE-300 Index fell 7.% points to 4,543.9 on volume of 5.8 million shares valued at CsBo million. "We may be a little lower
        254 words
      • Article
        New York
        668 18 +7.05 Stock prices remained modestly higher in fairly active trading early yesterday as the market tried to extend Tuesday's rebound triggered by a partial recovery in the battered technology issues. The Dow Jones Industrial Average, which rebounded 14.44 points on Tuesday, was ahead 7.05 to 4,615.49 at Ham
        668 words
      • Article
        Untitled
        668 18 Britannia Funds StcrMag Cask BM Offer MimCapDcpoui 31.6400 *****0 Mui.JmejG*:. Al»3 0.1992 MrniMuW 09 J00 0 9700 UttCak Income Phis Fund *9 7100 *10.2300 PS S Rtaot Faad 5 5400 5 5500 flS'p&oSSS ***** 0 49M Far EM Find —•2.7*50 ****** Man Portfolio lOttO 2 2690 UK Crovtk Fund *****
        668 words
    • Article, Illustration
      Lock icon HONGKONG
      2560 19 Bloomberg Business News HONGKONG Stocks rose as property counters climbed for a second day on news of a successful sale over the weekend, and utilities rose as investors reassessed the chances of further cuts in interest rates. The market was led up by HK Electric, which rose 65 cents
      Bloomberg Business News; Source: Bridge Info  -  2,560 words
    • Article, Illustration
      Lock icon CHINA
      593 19 CLSA IN Hongkong, the H share index gained 9.96 points at 1,013.93 on turnover of HKSI9.6 million. Strong interim results from petrochemical boosted Shanghai Petrochemical and Yizheng Chemical by 2.1 per cent and 2.2 per cent respectively, both on active trading. Shanghai B shares plunged 2.3 per cent on
      CLSA  -  593 words
    • Article, Illustration
      Lock icon TOKYO
      2459 19 Bloomberg Business News TOKYO Stocks fell yesterday, led by banking shares after regulators said they will halt the operations of the nation's largest credit union, exacerbating concern over the health of Japan's lenders. Losses were limited as some investors were optimistic that the downfall of Kizu Credit Co-op will
      Bloomberg Business News; Source: Bridge Info  -  2,459 words
    • Article, Illustration
      Lock icon BANGKOK
      1503 19 BANGKOK Stocks finished lower yesterday as negative factors continued to affect trade and investors took profits in the finance and building materials sectors. The SET Index lost 16.32 points at 1,326.51 on turnover of 3.6 billion baht. Falls topped gainers 232 to 49. "We saw selling in the finance
      Source: Bridge Info  -  1,503 words
    • Article, Illustration
      Lock icon JAKARTA
      1170 19 Reuter JAKARTA Share prices ended up slightly in late trading, with third-liner stocks providing further impetus to the market. The Composite Index closed at 506.63 points yesterday, up 2.62. Bakrie Plantation rose 6SO rupiah to 4,1 SO, with about six million shares changing hands. Rumours over capital injection by
      Reuter; Source: Bridge Info  -  1,170 words
    • Article
      CLOB INTERNATIONAL
      2507 20 Cr Cr IMS Last Vol Day Last Qwrtc D<* Di» YM Net M Cap Higk Um Slao Cowpaay Sale (*000) tlifli Low Bayer Seller C\r VII Smil MALAYSIAN STOCKS 478 1% m MOO A1S8 50c 396 -2 61 404 394 394 396 3.0 -2.9 0 2 4061 127
      2,507 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall on worries over current account deficit
        6719 20 Bloomberg Business News KUALA LUMPUR Stocks fell yesterday amid concern that a widening current account deficit shows that consumption and inflation are accelerating. The KLSE Composite Index fell 3.79 points to 1,015.07. The Emas index fell 0.16 per cent to 290.54. Trading
        Bloomberg Business News; Source: Bridge Info  -  6,719 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8526 21 IMS La* Vd Ovr Laal Qanle DK Dh YH Nn Cm A<| H%k Lw S4a* j j Sale CM*) H%k Lax Ba»ar Srfhr Or 9k P/E faS Prica mm AND COMMERCIAL 520 382 rn.1000 Actn.50c 505 313 505 «*> 500 505 22 5 "UI06 *912 430 430 I 1001 AkaHMpSOc
        8,526 words
      • Article, Illustration
        Lock icon Main board's second liners focus of attention
        1857 22  -  By R Sivanithy SINGAPORE The local bourse was again preoccupied with second liners yesterday. But the mood was different there was a slackening of interest in Sesdaq and an increase in volume on the main board. At the same time, interest in Malaysian
        Source: Bridge Info; Source: Bloomberg  -  1,857 words
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      200 13 NEWS VALUE Teag Fmc YHS stake to 42%, rates effar hy It cts (pg I) No counter offer from Camerlin seems likely. Uraca Makes sparkiiag Mat wttk 6t% prtoa gala (pg 1) Price will probably drift from here on. Wlag Tai Jaias Siaa ILaai la bM far HK rail statiaa
      200 words
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      90 14 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Ilong Kong •Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services arc available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      90 words
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      283 15 V y&j» URA is offering 4 land parcels for mixed landed housing development in various parts of Singapore. All 4 land parcels are offered for sale by TENDER on 99 YEAR LEASES. The parcels are all located within established residential areas with easy access to amenities such as parks, schools
      283 words
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      214 17 3 laaggsgjMtafe-iIP SINCE 1964 1/2 hour Colour Print U H •E6 Slide Process H Canon Instant Colour Laser Copy/OHP (Only at Orchard Tower) H l/C Instant Passport H Lamination Wj Available at: #81 -15 Orchard Towers, Orchard Rd Tel: *****15 #01 -07 Tanglin Shopping Centre Tel: *****45 B| THE PROFESSIONAL
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      Page 17 Advertisements Column 2
      20 17 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      Page 18 Advertisements Column 1
      111 18 rThe Finest Furniture Carved In Rosewood. Discover the unique charm and beauty of classic rosewood fwitu" from Singapore Handicrafts Singapore's leading and exact proportions, will add a touch of elegance to any room in over 55 years of uaditio«v we ensure that every furniture we sell is L. Main Showroom
      111 words
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      81 19 @/?ow passengers travelling to Hong Kong can take a load off their packs. For the earliest flight out of Singapore and the last one back from Hong Kong within the same day, fly United Airlines. The airline that lets you make the most of your time in Hong Kong without
      81 words
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      Page 20 Advertisements Column 1
      70 20 H Mondial Takes a Shine to Ngee Ann City To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial Now at Ngee Ann City. For all your internationally certified l G.I.A, H.R.D and 1.G.1 diamonds, j emeralds and other gemstones. x NE& SHOWROOM: Mondud Ngee Amm'Gty
      70 words
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  • Page 22 Advertisements
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      1395 22 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTES Of THE COMPANIES ACT, CAP. M AND IN THE MATTES Of FLOWNA PTE LTD (licifpmlid la Stapftft) (la Miatin' Vatatfary l.l«e»atlin) At an Extraordinary General Meeting of memben 6f FLOWN A PTE LTD duly convened and held at 583 North Bridge Road.
      1,395 words
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      Page 22 Advertisements Column 2
      340 22 7.M CM TjN T.M WBHMW 111 IH in 4.14 ua ij»l iji Im IJI PubWNd by Jsfdrw Hvning imtfrwHonfll SKtfiM UnM In OtUafi SAryn Wvd) FOXCONN* FOXCONN (FAR EAST) LTD GUARANTEED FLOATING RATE NOTES In accordance with the provisions of the Noleg, notice is hereby given that for the three-month
      340 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      536 23 Knight-Ridder Reuter THE Baltic Freight Index suffered its first reverse in seven weeks but brokers said conditions in the dry cargo freight market looked firm despite thin activity. "Generally the markets are looking solid," said one. This sentiment was confirmed by two forward fixtures on the key US
      Knight-Ridder; Reuter  -  536 words
    • Article
      Lock icon P&O still hopeful of buying ANL
      297 23 Reuter Bloomberg Business News CANBERRA The Peninsular and Oriental Steam Navigation Co pic (P&O) said yesterday it remained hopeful of buying the Australian govern-ment-owned shipping line, ANL Ltd, despite a waterfront union threat to strike and close down Australia's ports. "In the current situation,
      Reuter; Bloomberg Business News  -  297 words
    • Article
      Lock icon Lanka ferry missing, feared to be hijacked
      169 23 Reuter COLOMBO A Sri Lankan ferry carrying 120 passengers from the east coast to the north failed to arrive at its destination and may have been hijacked by Tamil Tiger rebels, a Tamil party leader and military sources said yesterday. The Irish Mona,
      Reuter  -  169 words
    • Article
      Lock icon Collision off Japan
      76 23 Knight-Ridder KUSHIRO, Japan A Russian research ship collided with a Panamanian-registered freighter off Kushiro, eastern Hokkaido, the nation's northernmost main island, yesterday morning, the Kyodo news service quoted local coastal guard as saying. No serious damage or injuries were reported, the Kushiro Maritime Safety office said. The
      Knight-Ridder  -  76 words
    • Article
      MARITIME STOCKS
      325 23 SES 000 Aug 30 S$ Vol CWT Distribution 1.73 +0.01 383 Chuan Hup Holdings 1.37 +0.02 730 Cosco Investment 2.33 -0.01 841 Far East Levingston 6.23 unch 88 Freight Links Express 0.905 -0.015 1137 GB Holdings Ltd 1.02 -0.02 112 Hai Sun Hup Croup 1.02 unch 4507 Hitachi
      325 words
    • Article, Illustration
      S'pore firm Offshore Charters in Aussie joint venture
      390 23  -  By Alec Almazam SINGAPORE Homegrown marine group Offshore Charters Pte Ltd is expanding internationally with the creation of a joint-venture in Australia. The Loyang-based offshore marine group announced it had established together with Total Marine Services of Australia a 50:50 joint venture
      390 words
    • Article
      PSA says it does not impose conditions on ports, routes
      242 23 SINGAPORE The Port of Singapore Authority has said it does not impose conditions on what routes ships take, nor the ports they call at Referring to its Terminal Service Agreements (TSAs) currently being negotiated with shipping lines, it said in
      242 words
    • Article
      Lock icon Fels buys drilling vessel
      57 23 Reuter SINGAPORE Far East Levingston Shipbuilding Ltd (Fels) said it bought a semi-submers-ible vessel from Rasmussen Offshore, Norway for U5522.5 million (5531.9 million). The company said in a statement that the vessel, Polypodia, would be converted for offshore drilling at its own yards and could then
      Reuter  -  57 words
    • Article
      Operations at Tanjung Priok have improved: minister
      450 23 But shipping lines say more can be done JAKARTA Minister of Transportation Haryanto Dhanutirto says that significant improvements have been made at Jakarta's Tanjung Priok port as a result of the port management's crash programme, which began in June. Shipping lines, however, say
      450 words
    • Article, Illustration
      Lock icon Some find it rewarding sailing in cyberspace
      477 24  -  Adventurous shipping companies are moving into the World Wide Web and are reaping the benefits of a more efficient means of communication. Kathleen Emond talks to some of the pioneers Kathleen Emond Fairplay DESPITE the conservative nature of shipping, there are a handful
      Fairplay  -  477 words
    • Article
      Lock icon Brokerage houses want own on-line links to cut costs
      379 24 Fairplay TANKER brokers, always keen to maximise their resources, have also joined the Internet/e-mail fray. But the brokers' demands for special information requires a network tailored for their needs. With that end in mind, an informal group of Londonbased and Norwegian
      Fairplay  -  379 words
    • Article
      Lock icon Captains of industries steer their companies into world of Web
      294 24 Fairplay THE enthusiasm of Captain Evangelos, head of New York's Rigos Chartering, is infectious. "We are pioneers, walking in the jungl«," he said, referring to his psticipation on the Internet as one of the first commercial maritime organisations to create
      Fairplay  -  294 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      333 24 P«ge •ANL 3 Able 7 Accord 10 •Ahlen 6 •Ahrcnkiel 4 •Appenship 4 Astro 10 Austral II Avant 6 BSA II Batamindo 7 B'tang Mas 10 Bright Express 6 •CCN1 4 •CM A II •C08C0 7 •CSAV 3 Centenary 7 Central Ex 11
      333 words
    • Article
      THE SHIPPING GUIDE
      11147 30 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 number refers to the location of the schedule advertisement ETA E1K Xwrtlur Vessel VQMia P| ED m —r» mm HUM lb. lb.
      11,147 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        641 35 ¥•> W» Berth Arrival Departure fenai Port (BT) Calwya Bone 1/% II alongside 31.08/1400 (W) CaNya Muda 3/95 II atongs*le 31.08/1000 B' 1 R8-114 Ml J1 alongside 3108/1015 (BT) Kamera 4/% J1 alongside 31.08/1600 tfT) Reg ***** 1/% J1 alongside 31.08/0130 Artfts Pioneer 9507 J8/9 alongsrie 31.08/1800
        641 words
      • Article
        CONTAINER SCHEDULES
        1459 35 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Boettig/Baianct totts SNp Voy Hi Etb/Wr M* Frawi T 0 From Ac* Jade 2538 31/2000 28 29/1700 30/0659 30/0900 4 30/1200 30/1459 30/1700 Aa Lily 0666 01/2359 U 29/1500 29/1659 29/1900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1700
        1,459 words
      • Article
        COCKETT BUNKER MARKET REPORT
        869 35 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
        869 words
    • Air & Land Transport News
      • Article
        SIA ranked world's most profitable airline
        228 36 SINGAPORE Singapore Airlines (SIA) was named the world's most profitable airline in 1994, by a UK-based airline magazine.. Airline Business in its September issue ranked SIA first in terms of highest net profits at U*****.5 million (*****.4 million) based on a survey of the
        228 words
      • Article, Illustration
        Archaic bilateral pacts may hurt commuter plane growth
        400 36  -  By Alec Almazan SINGAPORE Outdated bilateral aviation treaties are restraining the growth of the commuter aircraft industry in the Asia-Pacific, the president of a leading international commuter aircraft producer said. "We are trapped in the archaic handcuffs of bilaterals which favour the
        400 words
      • Article
        Lock icon Thefts won't delay KL train project
        276 36 Bernama KUALA LUMPUR The MSI.S billion (SSBS3 million) double-track electric train project is expected to be completed by Oct 31 as scheduled despite rampant theft of overhead power cables, the contractors said on Tuesday. ABB Sapura Sdn Bhd (transportation segment) general manager Andrew Ng
        Bernama  -  276 words
      • Article, Illustration
        Lock icon Fiat's new models
        56 36 Reuter TURIN, Italy Paolo Can tare 11a, managing director of the Fiat Auto car division standing between the new two-door hatchback Fiat Biavo (left) and the four-door hatchback Fiat Brava on Tuesday. Fiat, Italy's largest industrial company, launched the two mid-range car series in a bold challenge
        Reuter  -  56 words
      • Article
        Lock icon McDonnell Douglas forecasts boom in cargo aircraft
        261 36 Reuter LONG BEACH, California The air cargo industry will need five times as many more large freighter aircraft than are now in service by the year 2013 to keep up with traffic growth, according to a forecast from McDonnell Douglas Corp. In its
        Reuter  -  261 words
      • Article
        Lock icon GM gets US$42m loan from Exim Bank of Japan
        187 36 UPI DETROIT General Motors Corp received a US$42 million (5559.6 million) loan on Tuesday from the Export-Import Bank of Japan to build right-hand drive cars in the US and export them to Japan. The loan follows Toyota Motor Corp's decision earlier
        UPI  -  187 words
      • Article
        Lock icon Japan's car exports mark biggest decline in 23 years
        338 36 Bloomberg Business News TOKYO Japanese car exports marked their biggest decline in 23 years in July, plunging 29.3 per cent from a year earlier, the Japan Automobile Manufacturers Association said yesterday. Car makers are reducing exports because of weak overseas sales,
        Bloomberg Business News  -  338 words
      • Article
        Lock icon Growth of S Korean car industry expected to stall
        200 36 Bloomberg Business News SEOUL South Korea's car industry, which has been growing by an annual average of 14 per cent since 1990, will falter to a much slower rate of 4.6 per cent annually on average in the coming decade, mainly
        Bloomberg Business News  -  200 words
      • LOG
        • Article
          Lock icon Isuzu's US$15m Taiwan venture
          98 36 Bloomberg Business News TAIPEI Taiwan has given Isuzu Motor Co, Japan's fifth-larg-est maker of trucks, permission to invest US$l5 million (5521.3 million) in a joint venture to produce vehicles in Taiwan, the Economic Daily News reported. Isuzu will hold 51 per cent of what will be
          Bloomberg Business News  -  98 words
        • Article
          Lock icon DHL getting 3 more B727s soon
          101 36 Reuter BRUSSELS DHL Worldwide Express says it expects to take delivery of three additional Boeing 727-200 freighters during the next two weeks to increase capacity on its intra-European flight network. "In the past month, we have acquired three 727-200Fs from General Electric Capital Aviation
          Reuter  -  101 words
        • Article
          Lock icon JAL announces new schedule
          108 36 AFP TOKYO Japan Airlines Ltd said on Tuesday it would raise the number of joint flights to Bangkok and Auckland under its winter schedule starting in November, while suspending its services to Washington and Munich. The new schedule, which lasts until the end of March, also
          AFP  -  108 words
        • Article
          Lock icon Northwest, Continental start fare war
          64 36 Bloomberg Business News MINNEAPOLIS Northwest Airlines Corp and Continental Airlines Inc have touched off a fall fare war by cutting prices *s much as 50 per cent through Friday. The discounts are good for travel in the US and to some foreign destinations until mid-De-cember.
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Free tickets as compensation
          101 36 AFP TAIPEI Taiwan's flag carrier, China Airlines* offered 246 passengers free one-way tickets to Los Angeles on Monday jis a rare compensation for a flight which had been, ddayfcafof 36 hours. The airline said the free ticket was "wasted time". A malfunctioning engine on the US-boimd
          AFP  -  101 words
        • Article
          Lock icon Honda to cut Accord prices in Japan
          85 36 Reuter TOKYO Honda Motor Co will cut prices on its Accord models in Japan from Sep 1 by between 30,000 yen (*****) and 157,000 yen, a company spokesman said. The price cuts are the result of trimming the cost of production and of
          Reuter  -  85 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1489 36 AIRCRAFT ARRIVALS DEPARTURES ofe mm w m» n» MbMNM GA895 0060 GA965 1215 GA975 1335 ***** 1506 MM QF08I 1930 QF082 2055 SQ228 2066 KL843 0455 KL838 2300 SQ025 0650 SQ026 2355 GAS75 1335 KLB37 1450 SQ347 0655 Hrntmmti SQ286 2040 SQ288 2045 Mhmi 0M2I 1105 so 182 0915 SQ181
        1,489 words
  • Page 23 Advertisements
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      0 23 ]\_!\.',>|*=$/?%{--))@!.~+[/>%{
      0 words
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      Page 23 Advertisements Column 2
      302 23 *7N Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 pis see Pa 3 for schedule Some find it rewarding sailing in cyberspace: Page 2 Archaic bilateral pacts may hurt commuter plane growth: Back Page I TRANSPORT LTD, Bangkok I POLARSTAR AGENCIES (S) PTE LTD I wish to express gratitude to
      302 words
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      Page 24 Advertisements Column 1
      958 24 I I OTHSRDetTMATIONS I NORTH AMCKKA^ i D—CTCwi.TOim»Tco*»n»cx) I wwawo—ouFdw>«i>'Mi'b«**fen »i<»»»*iTe6«»n I WBB ma| U|AMWO| St ML MOB OK M |kM(IT| VfSflL IWfI MM MUM MBMW—WW|*UUMUjMMIUMI|ItIfMCO| Mi VQf mm mhm imi -iavmn «ii njn m/m n/tJu/M »/MkdivM um ~vm vm um *aiuc mm u/m ii/m n/u 57u »/u 5/u »/u
      958 words
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      Page 24 Advertisements Column 2
      272 24 Unea and tervicei represented by UamWAM fil tK n R<> wifllm /si A i>fif I MMINfI 01 me riegretry Of Accreoiieo ;BMI* x Shipping Agenta, Singapore National Shipping Aeeodation. a A a yAJ a I M ft n- m ,SJ nn a i nft rhinninrf Tjm r»« rOr acven/yng enquires,
      272 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      967 25 WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0611 TEL: *****58 (12 LINES) FAX: *****16/*****28 TLX: R*****0/***** FSSHIP nssa yoy sunt suns vtsmam tfft 12/95 04/09 01/99 PUJU/NIBNMK eOUKI 11/15 11/09 20/09 POMTUNM/SamTE OUDttUD IS/15 02/09 04/09 MKUUI/MMK NANUII 11/95 01/09 02/W JtfAn/MDMK GUUSIDM 7/95 04/09 OW9 MIMA/MUM GULF KHAUO 14/95 15/09
      967 words
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      Page 25 Advertisements Column 2
      1289 25 1 PAOFK SOUTH WIST IXPtKS (HRKT) ukcd VOY SMfIA 91(10 UK OM 01 BEI <01 MOM NY( NOt &Ai mihB*m»hm «a n/w oi/w~ ly/w w/w m/n h/n io/n g/N n/m m/n n/w memwii oi* ~WvT ~WW~ ~Wvr m/oo ~ffliT m/w_ JojgL _gjg_ oi2io_ n/m EUBMOOWOCOY MA 14/00 15/00 11/10 Q/19
      1,289 words
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      Page 25 Advertisements Column 3
      627 25 HANJIN SHIPPING BS I—n— I at Imlm. I \tm*m W I I .Hg.l.W —i— ii■ dm ww a/w am h/£j im|ii>l>— w fa ?X ?y!! mm ihmm hti w/w 1m I m/w w/w w/w| wmwi isa |w/w luranuM tm u/w nyu i»/w uiujih mi i«/w Mia I «s/n I m/w
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      636 26 Vtssa W HAM IDAM ANT UiA STOH f.KEUHG SW IB UO TIO ill IMf W siuitcahtexwbs li/ro g n/l io/» HEZ J2H V* M—LS2-ZBSZ ZISZ BTAMO 31/43? ljfl IQ/1 W li/» IV» V» _j£ Ji£_ _il£ Dtßoa orass Ivib" 10 in m »/i ZSZZ _12£_ MI _Ll£- -M. S-— MJ3—aj—m—m—m
      636 words
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      Page 26 Advertisements Column 2
      1275 26 I NORASIA I VESSEL VOY 8M ALO LAS BCL VAL HAM BRE HOT ANT FEL LHA H mi, U4W SIM IMM 1M Z3M 2*M 2448 2SM 2MB 2BM 27M 284S »££avour U6W rm tsm *m ms bvib bvis mm mm one sos sms NORASIA FRIBOURG 9636-3 IMI N/11 tt/1f 97/19
      1,275 words
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      Page 26 Advertisements Column 3
      514 26 JAPAN/HONGKONG/STRAITS REGULAR SERVICE LOADING FOR PORT KLAMQ/PENANQ vessel vqy trow p.moams h* rai <r rwi MU6HT g >1 AW wig POMPOM a »1«g B» whiti makuyq n n» LAH6O >1 WW HKFSAMTAAMBJA Wtg 11 «g smwuk3 i ing u«g rr PALAMCA U_ HS6P _2 a TIM6EB MAJESTK 1 11 Sg
      514 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1205 27 H STRAITS SHIPPING PTE LTD I 11 Mm CfclMt Rni #11-01 Kofpol Tmn 1208 Tol: *****88 Fax: *****17 I mwnvwTwt mix as» t w n«s« ms*« ks« W l I ZSS2X2 225 £2 L*. a "5 "3 *****55 VMM Mm.a.Lit BMMS* 18 S* 11 s* PMffIWS EH STMfTSITW VMtli Man.
      1,205 words
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      Page 27 Advertisements Column 2
      1702 27 I PjftyO P&OContainers (Singapore Agencies) Pte Ltd v A VAIIIUUiIVI 9 10 Hoe Chion* Road, #07-01 Keppd Towers, Sio*Bpore 0208 j» First Class Connections WORLDWIDE iE^iEol? 64 PNOCSP FMiWs327/222 7517 > EXPORT MPOHT _mm| WOY M *#«4 IWW AMT ROT NAM OOT N LBN VBBOBL VOV ZMi OOT ROT HAM
      1,702 words
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      Page 27 Advertisements Column 3
      429 27 I owiouwD m. rei pi rw re I I m_ jjaj_ JjL I MMIHM7MAMI7 I7M EMS MMpAMIAj KM AMO~ QMS M -1 I M ItM MM, I MM MM IB AMU iMIW IMI|»MM R« M MM 17M 17M 1M 11M I MM I MMimwi SMS am sms I sums Immlmm
      429 words
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      Page 28 Advertisements Column 1
      1118 28 ill M HIM m I i B I I B I i 1 M 1 I I >4 k .j l__M_A. 4_H_l I J MP ROM ANW HU THP LHV LHV THP RDM ANW HSG PKL UP I ■E. RESULT RW-M4 M tM tM tM IM t7/B E BLOWING RE
      1,118 words
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      Page 28 Advertisements Column 2
      655 28 PEMMWOULFdpiCg mm. HP M MU n* m 5Tm rmuu* turn Mi um J™ *2 un cowan o»<n»w oms imi iw» iwj >»« UN CONCOfIO DM <PTW 4« 2409 AW ?4* 7 W 7 0) 9i UM COMMA BMMH Mi WW in W WW WW also Acarne fa ro dona mmuah
      655 words
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      Page 28 Advertisements Column 3
      535 28 UTBj *****33 (12 UNES) m FAX: *****15/*****03 TELEX: RS ***** M6MP P Uma) CR NO: **********0E 2 ESQ ETINmiSMPHnuMM I (IUHBHILanHEBHpM ACCEPTING FCL AND CONVENTIONAL v«wi voy KTA |La«awty aporo Atoyo* 41WB IVIO MofHb***. Dptxx* TTT* 1 11 mT. M 26/11 Motom*. Opxx« i KIEN HUIIB UK FULLY CONTAINERISED REGULAR
      535 words
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      Page 29 Advertisements Column 1
      2210 29 ACCgPTmS CARMfcS 19 VAMA, ORSSA/US conMnzAvu UMASM. Bm>Wl Sftrtl Af—t» Til IStttftl): HUM u tttttu COSTAR SHIPPING PTE LTD MSM,'"' £**225 T^~ C SSSS£tSm,4S I (MM Way M ijiMl* M OtetUUTU Eft,mm OMTM °s'. S .!X. T ZZ' C uM: l SsT Mtm MmmoffKt Zraut" fumim «»r BO: M 2
      2,210 words
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      Page 29 Advertisements Column 2
      562 29 (j£ FAMOUS CONTAINER UNES SO ROBINSON ROAD. #22-02 SINGAPORE 0106 y HOT LINE: *****33 (30 UNES) > Weekly sailing to s C X H d/jaV I a Ut °*W DENMARK For booking enquiries please contact 224 -1833 FAMOUS MOLLY P KLANG PH: 0203/*****02 (10 UNES) PB4ANG PH: 0204/*****7 (10 UNES)
      562 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      976 32 [VESSEL VOY SM JKT VESSEL VOY «N E« 11 0000 fisY" 11S Fit 01/09 Tua 06/00 GURU BHUM 5133 8t 02/03 Tu> ***** SUS iss m oejoa II lItHAMABHUM I 136N I Men 04/u« IWd 08*08 |^B I NAWABHUM 06S "ij£T 04AM Thu 07/00 OURU BHUM 813BH Thu_ 07/03 J»t__
      976 words
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      Page 32 Advertisements Column 2
      812 32 79 ANSON ROAD, >21-01, SINGAPORE 0207 CM i **********0N STRAITS SHUTTLE SERVICE PORT KLANO PEWAWQ vtss^L WT I »W HCL VBffi. HOT m g SEA LAUREL 419N taWSUN (MAWMOW DRAGON NIAS 48ft 3U*TM] 02,095 AT XtgJgA 9M51 04O8MON 0609 WED XPW SPQPS gPsST" (HO9MQN 50W 04Q9MQN 06Q9WED LHOTSE 5051 03Q9SUN
      812 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      607 33 BSA iiTI Stmfk MYANMA \BBk FIVE STAR UNE W (My«m« Notioool Um) Loading for YOO9OO (Roogooo) TOSH VOT SM PKG f» rati ojo iw M PT HPA-A* 21JW 15/00 MALAYSIA AG6TS: MUSIUO SMPfWG AGBKKS tUL TH 02-03-*****00 Pitt; !H 02-03-*****01 rot TH 02-04-*****02 Kfc TH 02-07-*****21/4 NIGERIAN NATIONAL SHIPPING LINE
      607 words
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      Page 33 Advertisements Column 2
      1024 33 ADVANCE CONTAINER LINES (PTE) LTD _A I Z 140 Cocfl StrMt, #12-00, PH. Building, Slnflwporo 0106 lal I TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********06 IAMOKdi JAKABTA ifaiyloHlT.tfalilßOiloLW (2 SOHIH^WW*) AnAM 1 VOT I MM m m VOY mm BKK |M jpm*l Vv' ZZZrn* Oi/W lu.
      1,024 words
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      Page 33 Advertisements Column 3
      837 33 f CR HO: **********0Z 111 VESSELS VOY ""ST" LE HAVRE HAMBURG I THAMTSPOWT ROTTTOAM W_LE OE LYRA Y1 OH 06/08 28A» 2KB 30X09 01/10 ttt^O wUkvba vknv 12/09 00/io 06/10 07m am os/io S VLLE DC CAPELLA TIIW 19X09 10/10 12/10 14/10 16/10 16/10 VLLEDE LIBRA LIIW 28/09 17/10 19/10
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      739 34 M wm wmmmmm AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharvr) ■w™«ewe C. I. S./RUSSIA: AJma Ata. Ashkhabad, Baku, Dushanbe, MtiHrrr Munch Irkutsk. Khabarovsk, Krasnoyarsk. Korsakov, Moscow, intajlmlL inid nuitmrrlnrn Novosobrsk, Sochi, Tashkent, Tbilisi. Vladivostok, Vostochny Mongolia: Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE ■■■■■QIIISaHIHHI TO WEST COAST
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      Page 34 Advertisements Column 2
      782 34 HfafcM MM CfINTAIHER UMBJWBfi ||Wf: MAC IK! ft SWRfc *****22 (24 llif) wjCHNawwa V I-K /\V"J wmmwm *AHLA:mx>™am K JX/ FOONawwe* ■AwowDfeWanwr umtaMKwmm P. KELAMQ: (OS) 36R2577 J*T: <H)«M*g7 MP* 01) M*jß3 BAHDUWO: ga» lIWSM I ASIA HKG/IWH/BKK I GENOA/EUROPE I u»rMi(«F«HH Gtnn/Ctagis/SlioliMWo 3H ]W 1/9 2/9 3/9 HNBMKMOfIWH Piraeus
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      Page 34 Advertisements Column 3
      277 34 SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS., wssa n sm n pi don ct ARU V 127 SU) SID SID SU) SID 02/0* TON V 123 11/00 20/00 20/00 12/10 11/10 25/10 •Also cads E.L. fc P.E. MALAYSIA AGBTTS: PORTKHANG TG. MAN TEL *****00 TE: *****0 SUDAGBfTS: KOttKMAIALU UMNJ IE: *****7
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  • Page 35 Miscellaneous
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      Page 35 Miscellaneous Column 1
      126 35 REGIONAL WEATHER 44CGEN0: fR Thunderstorm Temperature c Shower Weather Wind drection with speed in knots Rain C_X •Cloudy Sky Wove h«ght winds are indicated by arrow* wfcidi fly wMi the wind (l) On« M cirde represents calm or fight and variable winds One half Heche represents 5 knots On* ful
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  • Page 36 Advertisements
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      45 36 I Maritime Overseas Corporation Asia-Pacific Pte Ltd I is pleased to announce the appointment of I I Lawrence E. Cosgriff I I a® Managing Director, effective August 1995. I I 6 Battery Road #15-01 Singapore *****9 I Tel: (65) 538 9320 Fax: 538 9321 I
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