The Business Times, 11 August 1994

Microfilm: NL19569
Total Pages: 48
1 48 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Thursday August 11 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 16.51 points
      49 1 Reuter NEW YORK Wall Street stocks were higher at midday yesterday. Federal Reserve chairman Alan Greenspan's testimony before a House government operations subcommittee had little efTcct on stocks or bonds. The Dow Jones Industrial Average was up 16.51 points at 3,772.27 at 2pm EDT. Rcuter
      Reuter  -  49 words
    • Article
      Lock icon Fujitsu buys telecom interactive software
      32 1 Bloomberg Business News SAN JOSE Fujitsu Ltd said yesterday it bought worldwide rights to telecommunicationsbased interactive entertainment software from director George Lucas' company, Lucas Arts Entertainment Co.
      Bloomberg Business News  -  32 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Wednesday Change STII 2,276.50 +8.85 KLSEComp 1.092.80 +19.21 Nikkei 20.770.25 +180.03 Hang Seng 9.618.08 +171.65 SET Index 1.407.32 +0.99 Jakarta Comp 471.69 +1.77 CLSA China B ...1.139.08 16.20 Aust All Ord 2.076.5 -10.3 FTSE 100 3.167.0 -1.6 Wednesday Pre*ions 2pm close Dow Jones 3.772.27 3,755.76
    161 words
  • Article, Illustration
    Lock icon Vital for dollar to be strong and viable: Greenspan
    553 1 Fed's primary goal is to ensure currency's stability Bloomberg Business News Reuter WASHINGTON Federal Reserve chairman Alan Greenspan said it is critical that the dollar remains "strong and viable" given its position as the reserve currency in the world. "It's crucially
    Bloomberg Business News; Reuter  -  553 words
  • Article
    Manufacturing, construction drive S'pore's 9.3pc 2Q growth
    768 1  -  By Genevieve Cua SINGAPORE An exceptionally strong showing by the manufacturing and construction sectors propelled the Singapore economy to expand 9.3 per cent in the second quarter. Growth would have been even stronger but for a sharp slowdown in the finance sector. The
    768 words
  • Article
    Lock icon Singapore Telecom in joint project to launch satellite, says Taiwan
    237 1 AFP TAIPEI Taiwan yesterday approved a NTSS.4 billion (Ss3o7 million) joint investment project with Singapore to launch a communications satellite, government officials said. "The Directorate General of Telecommunications (DGT) will cooperate with Singapore Telecom in launching the satellite, with both
    AFP  -  237 words
  • Article
    Lock icon Gaza to become S'pore of Middle East: Arafat
    277 1 AFP, Reuter GAZA CITY, Gaza Strip Gaza will become the Singapore of the Middle East despite its slow start, Yasser Arafat, chairman of the Palestine Liberation Organisation, said yesterday. Speaking at the opening of a Palestinian trade fair in Gaza City, Mr
    AFP,; Reuter  -  277 words
  • Article, Illustration
    Lock icon Regional markets end firmer
    287 1  -  By R Sivanithy SINGAPORE Regional stocks closed stronger yesterday, as investors temporarily put aside worries over higher US interest rates. In Singapore, interest was almost exclusively focused on Malaysian issues traded on Clob International. Early trading in local counters was subdued, and dealers said the higher
    Source: Bridge Info  -  287 words
  • Article
    GIC plans Bombay office to tap Indian stock market
    320 1  -  By S N Vasuki SINGAPORE The Government of Singapore Investment Corp (GIC) plans to open an office in Bombay next year to tap opportunities in India's booming stock market. Sources in Bombay, the country's business capital, told Business Times that the
    320 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      107 1 CO-2233 fle'neviw CO Tuner with OSP Sound Proctssor 10 CJiangef Coni Oder Fujrrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****33 Kuala Lumpur: Phone; 757 0233 Ptnaiif: Phone; 615 985/619 014 Jakarta: Phone; *****9/*****8 News Cowp—i«« S*pok News 2.3 S'pwtWsa 17.18 Repml News _4,5,6 Francai 22.23 WwVt News 7.8
      107 words
    • Advertisement
      Page 1 Advertisements Column 2
      18 1 Innovation: Pg 10 Software with a sharp eye How the sectors performed Business expectations Full reports, Pg 2
      18 words
    • Advertisement
      Page 1 Advertisements Column 3
      5 1 Hock Lock Siew: Sembawang's new
      5 words
    • Advertisement
      Page 1 Advertisements Column 4
      184 1 l&htomdLine: Pg 16 Whiwyjhter: Shades of Watergate CORPORATE RESULTS Goldtron interim up 13pc MPHB earnings up 48pc Pg 17 EXCEPTIONAL VALUE FOR MODERN CLASSICS. IT'S MUCH MORE AFFORDABLE THAN YOU THINK. WE SALUTE THE 20TH CENTURY MASTERS. All items fully imported from Italy. We guarantee our quality specifications equal or
      184 words
    • Advertisement
      Page 1 Advertisements Column 5
      39 1 Atiizina, TOZ/R BIG AN EMBODIMENT OF PERFECTION FROM HEAD TO TOE More Control Oecrtor FWw Extra Distanc* Available at GOLF HOUSE*and olher leocfing gotf shops HApdwmttar ROYAL SPOffTMG HOUSt PTEUD IMMtcPlwnonßoad IMmGiMS«9MIM »'W MM&SSFm MVZTi Full reports, Pgs 24-28
      39 words
Page thumbnail Page 2
  • 2 QTR 94 ECONOMIC SURVEY OF SINGAPORE
    • Article, Illustration
      Financial, business services sector growth slows to 6.1pc
      677 2  -  By Shiv Taneja THE financial and business services sector grew by 6.1 per cent in the second quarter, the slowest rate since the second quarter of 1992. Analysts have consequently revised the growth rate for the year to between 8 and 10
      677 words
    • Article, Illustration
      Manufacturing fuels S'pore growth with 13.8pc surge
      683 2  -  By Claire Leow NINE of the top 10 industries in the manufacturing sector posted positive growth, led by electronics with a 28.3 per cent gain. The sector as a whole grew by 13.8 per cent, and was the key force behind the country's
      683 words
    • Article, Illustration
      One in three commerce, services firms upbeat on prospects: polls
      345 2 INDUSTRIALISTS and firms in the commerce and services sectors are optimistic about business prospects for the next six months, according to two surveys on business expectations released yesterday. A survey of 361 firms by the Economic Development Board showed that
      345 words
    • Article
      Building industry up a healthy 13pc
      405 2  -  By Abdul Hadhi THE construction industry continued to show healthy growth in the second quarter. It grew by 13 per cent, up from 11 per cent in the previous quarter and 8 per cent for the whole of 1993. Contracts awarded during the second
      405 words
    • IN BRIEF
      • Article
        Balance of payment surplus down
        35 2 SINGAPORE'S overall balance of payment surplus fell to $1.2 billion, from $1.8 billion in the first quarter. The decline was due partly to a reduction in net monetary capital inflows.
        35 words
      • Article
        S$ at historic high against US$
        80 2 THE Singapore dollar rose against the US dollar and the regional currencies during the second quarter, but fell against the Japanese yen and most European currencies. Reflecting the further weakness of the greenback, the Singapore currency appreciated by another 3 per cent against the
        80 words
      • Article, Illustration
        More job-seekers in June
        54 2 THE unemployment rate in June 1994 was 2.6 per cent, against 1.6 per cent in March and 2.7 per cent one year earlier. The June unemployment rate is usually higher because of larger number of job-seekers, such as graduates from tertiary institutions or students seeking part-time
        54 words
      • Article
        Interest rates climbing
        67 2 DOMESTIC interest rates saw a sustained uptrend in the second quarter. The three-month domestic interbank rate rose to 3.88 per cent at the end of June, up from 3.47 per cent at end-March. As this was smaller than the increase in US interest rates, the three-month Sibor-domestic
        67 words
      • Article
        Demand for goods, services up
        41 2 TOTAL DEMAND for goods and services grew 19 per cent, higher than the 12 per cent growth a quarter ago. External demand grew 27 per cent while domestic demand increased by a mere 0.3 per cent.
        41 words
      • Article
        Domestic supply price index falls
        58 2 THE domestic supply price index, which measures the change in prices of imported and locally manufactured goods retained for use in the economy, fell by 3.5 per cent (year-on-year). The decline was due to lower prices of crude oil, diesel fuel, fuel oil, premium motor
        58 words
      • Article
        ..import price index too
        97 2 THE import price index recorded a year-on-year fall of 2.5 per cent because of lower import prices of crude oil, fuel oil, other chemical products, and parts of data-processing machines. The Export Price Index also registered a similar downward trend, falling by 5.2 per cent for
        97 words
    • Article
      Weak retail sales drag commerce figures down to 8.3pc
      484 2  -  By Corinne Kerk GROWTH in the commerce sector slowed to 8.3 per cent, down from 9.9 per cent in the first quarter. Expansion came mainly from the entrepot trade subsector which registered 44 per cent growth, up marginally from 13 per
      484 words
Page thumbnail Page 3
  • SINGAPORE NEWS
    • Article
      Nearly all Devon staff have to make own compensation claims
      357 3  -  By Quak Hiang Whai ABOUT 100 people who lost their jobs at palm oil trader Devon group will have to make compensation claims ofT their own back. According to NTUC News, only nine of the 100 or so workers from
      357 words
    • Article
      India's seafood industry set to net more S'pore business
      318 3 INDIA'S booming seafood industry is attracting plenty of Singapore dollars, through increased cooperation in marketing, technology and trade. And more business is are likely, after the signing yesterday of a Memorandum of Understanding between the Seafood Industries Association Singapore (SIAS) and
      318 words
    • Article, Illustration
      Hotel operator seeks partner for its Malaysian chain
      439 3  -  By A J Leow A-HOUSE Boutique Hotels, the local operator of the Inn of Sixth Happiness, has scaled down its plans to build and manage a chain of boutique hotels in the region. The operator is now looking for a partner to
      439 words
    • Article
      Singapore to host major energy meeting in September
      180 3 SINGAPORE will host a major energy conference next month. The Asia Energy Efficiency Conference, on Sep 22 and 23, will examine such issues as energy efficiency, electricity supply and demand management, heat and power co-generation in industry, energy management for buildings and
      180 words
    • Article
      Lock icon Four charged with kidnapping businessman
      94 3 The Straits Times FOUR men were charged in a district court yesterday with kidnapping an Indian businessman on Saturday night. Jacob Packiam, 35 and Sinnasamy L Marappan, 42, both Malaysians, together with Singaporeans Ramaya Ramasandram, 42, and Rajandran R Rengasamy, 31, were alleged to have
      The Straits Times  -  94 words
    • Article
      Corrections & clarifications
      87 3 Corrections clarifications IN a report on Tuesday, headlined "HDB resale transactions double in first half", we said that HDB rules prohibited residents from downgrading to smaller flats by buying directly from the Housing Board. This is incorrect. Lessees of HDB flats are allowed to purchase smaller flats from the Board.
      87 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      533 3 f flf With 720 dpi and 16.7 million colours, what you see is what you get. on jjlll^^ Image captured with Hi-Definition Inkjet Technology The EPSON Hi-Definition Colour Inkjet Printer. EPSON Stylus COLOR Inkjet Printer is the only inkjet Th« epson stylus droplets with bullet-like accuracy. So v printhead, only
      533 words
    • Advertisement
      Page 3 Advertisements Column 2
      25 3 Difficulty In getting a copy of Her World. Go, Singapore Business, Home Decor, Young Parents? Cal our Hotline 749 2577 for locations of nearest newsstands.
      25 words
Page thumbnail Page 4
  • SOUTH-EAST ASIA
    • ASIA NOTES
      • Article
        Lock icon Jakarta accepts US plan to delay GSP
        82 4 Reuter JAKARTA Indonesia responded positively yesterday to a likely delay by the US in deciding whether to continue with a trade privilege extended to Jakarta. "If it is true, it is something positive for Indonesia," Manpower Minister Abdul Latief told reporters yesterday. Washington
        Reuter  -  82 words
      • Article
        Lock icon Judgment on E Timor case reserved
        116 4 AFP CANBERRA Australian High Court judges here yesterday reserved their decision in a case which a lawyer said could lead them to deliberate on the lawfulness of Indonesia's 1976 takeover of East Timor. The case is a constitutional challenge to the validity of the
        AFP  -  116 words
      • Article, Illustration
        Lock icon PAL strike grounds passengers
        65 4 AFP MANILA A near-empty check-in counter of Philippine Airlines (PAL) greeted passengers at Manila's domestic airport yesterday as PAL ground crew went on strike, causing flight delays in domestic and some international flights. Union members called the strike to protest PAL's refusal to reinstate 183 ground
        AFP  -  65 words
      • Article
        Lock icon Coconut oil bull run seen as short term
        84 4 Reuter MANILA A possible Indonesian ban on palm oil exports could boost coconut oil and product prices in the short term but rising supplies of copra would probably trim gains, dealers said yesterday. "It will inject a bullish note in the market.
        Reuter  -  84 words
      • Article
        Lock icon Jakarta seeks to regulate private groups
        62 4 Reuter JAKARTA Indonesia is looking at ways to regulate an estimated 40,0 CX) non-government organisations (NGOs), ranging from human rights to clean water campaigners, a move seen by some groups as a way to curb their activities. NGOs operating in Indonesia are supposed to
        Reuter  -  62 words
    • Article, Illustration
      Lock icon Indonesian central bank chief sees economy growing 7pc
      326 4 Reuter JAKARTA Indonesia's central bank governor has painted an optimistic picture of next year's economic outlook, forecasting growth rates of nearly 7 per cent and an influx of foreign investments. But Sudradjad Djiwandono, in a speech to the University of Indonesia made
      Reuter  -  326 words
    • Article
      Jakarta likely to speed up plans for MRT system
      427 4  -  From Moggie Ford in JAKARTA CONTINUED economic growth and an increase in car ownership are likely to speed up plans for a mass rapid transit system in Jakarta, with firms controlled by three of President Suharto's children in the race to
      427 words
    • Article
      Lock icon KL elections body needs 3 months to finalise voter registry
      204 4 Knight-Ridder SINGAPORE Malaysia's Election Commission forecast on Tuesday it would need three months to make final its new voter registry, now that the last registration drive has ended, The Star reported. That last drive was completed late last month. So,
      Knight-Ridder  -  204 words
    • Article
      Bangkok rail construction caught in environmental test snag
      421 4  -  From Loh Hui Yin in BANGKOK A QUESTION mark was again raised over the construction of a 35 billion baht (SS2.I billion) mass rapid transit system here, despite hard-won approval in principle from the government. The latest uncertainty arose following the Thai
      421 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      264 4 I WELLINGTON, NEW ZEALAND I AUCKLAND, NEW ZEALAND InVACfmAhtC 151-159 Willis St, Wellington 627 Mt Wellington Highwoy, Auckland iwl 119 Heart of Wellington's Central Business District Located just 15 minutes from Auckland's Central Business District 8 level carparking building Further development in the immediate area FOT Cltl appointment COHtOCt: 3
      264 words
Page thumbnail Page 5
  • CHINA/HONGKONG /TAIWAN
    • Article
      Lock icon Clinton likely to raise Taiwan's political standing soon
      534 5 NYT WASHINGTON US President Bill Ginton is expected to approve a policy change in the next few weeks and raise the political standing of Taiwan, a step that is likely to anger Beijing. Administration officials said that the policy review is on
      NYT  -  534 words
    • Article
      Lock icon China plans giant minerals survey to meet rising shortages
      321 5 Reuter BEIJING China plans a giant survey to try and find more oil, gas, copper and other key minerals to help meet increasing shortages, the official Xinhua news agency said yesterday. It quoted the Ministry of Geology and Mineral Resources as
      Reuter  -  321 words
    • Article
      Lock icon Taiwan banks allowed to deal with Chinese counterparts
      144 5 AFP TAIPEI Taiwan has allowed 26 overseas branches of four state-run banks here to deal with their Chinese counterparts in the latest financial liberalisation across the Taiwan Strait, officials said yesterday. The finance ministry on Tuesday gave the green light for the
      AFP  -  144 words
    • Article, Illustration
      Lock icon Beijing-bound ivory seized
      60 5 AFP BRUSSELS A customs officer showing reporters a piece of ivory which was confiscated at Brussels* airport on Tuesday. The piece was part of about 102 kg of ivory seized while it was being shipped illegally from Zaire enroute to Beijing. The ivory had been cut up
      AFP  -  60 words
    • Article
      Giordano share price falls a further 2 HK cents, but volume higher
      314 5  -  From Lim Soon Neo in HONGKONG GIORDANO Holdings, at the centre of speculation that it is on Beijing's hit list after its chairman angered the Chinese by publicly criticising Premier Li Peng, saw its share price fall by
      314 words
    • Article
      Lock icon US unveils Taiwan imports ban
      101 5 Reuter WASHINGTON The White House on Tuesday unveiled a lis! of imports from Taiwan it will bar in response to that nation's continued trade in products made from endangered tigers and rhinoceroses. The ban, which takes effect on Aug 19, includes imports of products made
      Reuter  -  101 words
    • Article
      Lock icon China's head of panel on HK to retire
      95 5 Knight-Ridder HONGKONG Guo Fengmin, head of the Chinese side of the Sino-British Joint Liaison Group, will retire at the end of next month, the English-language daily Eastern Express reported yesterday. The Sino-British Joint Liaison Group is the chief ChinaUK panel for negotiating
      Knight-Ridder  -  95 words
    • Article
      Lock icon Taiwan to ease radio licence curbs
      113 5 AP TAIPEI Taiwan's government promised the island's embattled pirate radio broadcasters yesterday that it would make it cheaper for them to go on the air legally. The high capital and equipment requirements for private radio stations have led to the proliferation of pirate stations,
      AP  -  113 words
    • Article
      Lock icon China joins world trademark group
      87 5 Bloomberg Business News BEUING Keen to dean up its poor image on defending intellectual property, China has become a formal member of the Nice Agreement, an international trademark protection group, the official China Daily reported yesterday. The paper said China's membership will bring the country's
      Bloomberg Business News  -  87 words
    • Article
      Lock icon Taiwan to sell stake in state-run firms
      92 5 AP TAIPEI The government plans to sell NTS26.S billion (S$l.S billion) worth of its ownership in six state-run companies, officials said yesterday. The plan, subject to Cabinet approval, is aimed at easing the government's growing financial strain, the Council for Economic Planning and
      AP  -  92 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      172 5 kJv SFeast; kFotJUI tfhe/ Sense& 4r 7^r; PS. a jK X ■»£>' JP Bastiani, Kmch is a Mediterranean culinary > rrTT J. TJITI experience to be savoured in every sense. Prepare to be overcome by the aroma of delicate Lunch: spices wafting from our wood burning oven and grill. Your
      172 words
    • Advertisement
      Page 5 Advertisements Column 2
      159 5 Pa jiz "mli H I rr. H !mJ Ift I ■■PJ9I World-class choreography. Masterfully performed. China Airlines Like an accomplished dance troupe, China from Taiwan, one of the world's fastest Airlines owes the superior craft of its service growing economies. aloft to a routine of daily rehearsal. Trained To expenence
      159 words
Page thumbnail Page 6
  • REST OF ASIA
    • ASIA NOTES
      • Article
        Lock icon US to slap duties on 3 Korean makes
        68 6 Reuter WASHINGTON The Commerce Department gave final notice that it will collect anti-dumping duties of 16.57 per cent on imports of colour TVs and parts made by three South Korean companies. The department said the firms Quantronics Manufacturing Korea Ltd, Tongkook General
        Reuter  -  68 words
      • Article
        Lock icon Preferential tariff treatment stays: Miti
        74 6 Reuter TOKYO Japan's Ministry of International Trade and Industry has no specific plan to abolish preferential tariff treatment for industrial products made in some countries. A Miti official denied a report in the Nihon Keizai Shimbun daily that Miti had decided to abolish such treatment
        Reuter  -  74 words
      • Article
        Lock icon Feminist writer leaves Bangladesh
        75 6 AFP DHAKA Controversial feminist writer Taslima Nasreen, whose execution has been demanded by Muslim fundamentalists, has left Bangladesh and is on her way to a European country. Newspaper reports and diplomatic sources here said yesterday Ms Nasreen was believed to have left Bangladesh early-Tuesday on a
        AFP  -  75 words
    • Article
      Lock icon Indian ex-president's memoirs raise storm
      316 6 AFP NEW DELHI When he was Indian president for five tumultuous years, Ramaswamy Venkataraman won credit for keeping the nation's highest office strictly above politics. Two years into retirement, the silver-haired octogenarian has sparked a storm by publishing his memoirs, resurrecting political ghosts and sparking
      AFP  -  316 words
    • Article
      Lock icon By-election loss will mean financial market chaos: Bolger
      433 6 Reuter WELLINGTON New Zealand Prime Minister Jim Bolger yesterday said his party was trailing in the battle for a parliamentary seat which it must win to keep its majority. Mr Bolger said that an opinion poll in the South Island seat of
      Reuter  -  433 words
    • Article, Illustration
      Lock icon Australian farmers fight losing battle with drought
      236 6 Reuter BRISBANE Australian farmers, battling to survive possibly the worst drought on record, say their plight is not being taken seriously even though it could slow the na- t ion's economic growth. City slickers still picture working on the land as the good
      Reuter  -  236 words
    • Article
      Aussie investment bank in China JV to finance resources projects
      297 6  -  From Florence Chong in SYDNEY AUSTRALIA'S most profitable investment bank, Macquarie Bank, has formed a joint venture company with Beijing-based China National Non-Ferrous Metals Industry Corporation (CNNC). The 50-50 venture, Asia Resource Capital Ltd, is incorporated in Australia with the
      297 words
    • Article
      Lock icon All 160 aboard KAL Airbus survive crash, fireball
      313 6 AFP SEOUL A Korean Airlines (KAL) Airbus A-300 crashed and exploded into flames while landing at the resort island of Cheju yesterday but air 160 aboard miraculously escaped without serious injury. Dazed but grateful passengers praised the heroism of the cabin crew
      AFP  -  313 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      119 6 MMPPPW* i I it „_i lit I, i #pi ■VP* ■pi I 1,1 ill* in fi'SJii! I I g mm HI 9M 4uC#^«fl r *A H^KI'^HQH I jw<fr Successful executives possess an innate ability '< it V*^MfriS^^~ \y?/J! to identify opportunities in a competitive world. ijlP In Singapore they choose
      119 words
    • Advertisement
      Page 6 Advertisements Column 2
      219 6 The Genesis One speakers... world's best...costs $130,000... COE already included. I Winner 7 Best Sound _§T High-End Show P—A Singapore At $130,000, you may be suprised to learn that the Genesis One is not a car but rather, a 1.25 ton speaker system designed to be the ultimate, no-compromise loudspeaker
      219 words
Page thumbnail Page 7
  • THE WORLD
    • Article
      Lock icon US consumer prices to rise just 2.7pc, say forecasters
      493 7 AP WASHINGTON Many top economic forecasters believe US consumer prices will rise just 2.7 per cent this year, the same as last year and well below the level they fear would signal rapid acceleration. The consensus forecast of the 50 economists
      AP  -  493 words
    • Article
      Lock icon Kohl govt deplores mild court ruling on German neo-Nazi
      226 7 Reuter BONN Chancellor Helmut Kohl's government yesterday criticised a German court for praising a far-right leader's character after it had given him a mild sentence for denying the Nazi Holocaust took place. Mr Kohl's spokesman Norbert Schaefer said the Mannheim regional
      Reuter  -  226 words
    • Article
      Lock icon German industrial body against Bonn plan for EU cartel office
      219 7 Bloomberg Business News BONN Germany's leading industry group said it opposes its government's proposals for a European Union cartel office with less power than the current EU competition authorities. The group, the Bundesverband der Deutschen Industrie, is the first major
      Bloomberg Business News  -  219 words
    • Article, Illustration
      Lock icon MMM shareholders vote to set up party
      55 7 AFP MOSCOW With a show of raised hands, MMM shareholders voted in snpport of organising their own party in a struggle for their rights on Tuesday, outside the office of the beleagued company. The events around the MMM crisis are developing more and
      AFP  -  55 words
    • Article
      Lock icon Russia nyet to China fighter jet sales
      100 7 AP MOSCOW Russia is not willing to sell its top-of-the-line SU-35 fighter-bomber jets to neighbouring China, a top official said yesterday. Russia sells military hardware to China, and recently delivered to Beijing a number of Su-275, an earlier generation of fighters. But China
      AP  -  100 words
    • Article
      Lock icon US Ex-Im Bank in expansion mode
      100 7 AP WASHINGTON The US government's Export-Import Bank is expanding its support for US sales to 11 countries of the former Communist nations, the bank announced on Tuesday. The 11 were among 40 countries where the bank has said it will be placing a wide
      AP  -  100 words
    • Article
      Lock icon Blair is the best man for PM: poll
      143 7 Reuter LONDON Labour's Tony Blair is the toughest, friendliest, brainiest and most attractive leader of a main British political party and the best man for prime minister, an opinion poll said on Tuesday. In the survey for yesterday's Guardian newspaper the opposition
      Reuter  -  143 words
    • Article
      Lock icon Kuwait allows foreign stakes in banks, insurance firms
      210 7 Reuter KUWAIT Kuwait opened banks and insurance companies to minority foreign ownership for the first time to try to improve'financial sector management and competitiveness. Law number 51 of 1994 sets a limit of 40 per cent on the amount a foreigner can
      Reuter  -  210 words
    • Article
      Lock icon Reno calls for independent counsel to investigate Espy
      444 8 NYT WASHINGTON Attorney General Janet Reno has asked a panel of federal appeals court judges to appoint an independent counsel to investigate whether Agriculture Secretary Mike Espy illegally accepted travel, lodging, entertainment and other gifts from the country's largest poultry producer. In
      NYT  -  444 words
    • Article, Illustration
      Lock icon Waiting for green light
      58 8 AFP LONDON This may be the look of the proposed new-style UK driving licence. The licence, which will bear the driver's photograph, drew protests from civil rights activists who said it doubled as a national identity card. The card shown here by the Department of Transport
      AFP  -  58 words
    • Article
      Lock icon Big Brother surveillance stirs up civil rights debate in France
      350 8 Reuter PARIS France claims to be the motherland of liberty, but a spate of recent criminal cases has sparked debate over the extent of "Big Brother" surveillance. Should a judge be able to order the tapping of a Member of
      Reuter  -  350 words
    • Article, Illustration
      Lock icon Hillary says personal attacks anti-productive to presidency
      381 8 First Lady hits out over spate of 'vicious hatred' AP WASHINGTON All may be fair in politics but First Lady Hillary Rodham Clinton on Tuesday said she was worried that the recent spate of "vicious hatred" directed at the President and her is
      AP  -  381 words
    • Article
      Lock icon Canada keeps currency, interest rates stable despite market swings
      415 8 Reuter OTTAWA Gordon Thiessen, Canada's central bank governor of six months, has managed to walk a fine line between keeping interest rates under control and keeping the currency stable at a time when the country's financial markets are volatile. The spectre
      Reuter  -  415 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      4 7 jjmjj mk hj^ at
      4 words
    • Advertisement
      Page 7 Advertisements Column 2
      215 7 The Key Card To Successful Private Banking V, «"*Y" Ut«) This chart contains information which can be key to your successful international investment. Every long-term investor knows the only constant in any investment equation is change. A change in short-term interest rates can dramatically change the course of bond prices
      215 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      214 8 The Digital Value Line Computer. From only $2,250. Limited Period Only. Built to yield big returns, the DECpc The LPx 433 DX. Only 552,250 for a LPx Value Line computers are loaded complete system: with time- and cost-saving features that i4B6™ DX processor 33MHz meet ISO9OOO/MRPII Class A quality 4MB
      214 words
    • Advertisement
      Page 8 Advertisements Column 2
      38 8 Classified's the place to locate a new owner for your trusty wheels. Drive home the message with a well placed ad in the Vehicles section of rf\\n The Straits Times Classified. Call 737- r ati 1166 today. 737-n—
      38 words
    • Advertisement
      Page 8 Advertisements Column 3
      76 8 SYDNEY "l AUSTRALIA 60 "YORK STREET IN THE HEART OF THE CBD. 6 STRATA TITLE OFFICE FLOORS APPRCK 4300 SQ FT PER FLOOR, TOGETHER WITH SECURITY CARFARKING RENTAL GUARANTEE OF 10% FOR TWO YEARS A Unique Property Investment For full details contact: DAVID HAYLEY at the Westin Plaza, 2 Stamford
      76 words
Page thumbnail Page 9
  • SPORTS
    • Article, Illustration
      Lock icon Predicting the unpredictable
      1122 9 PGA Championship Preview NYT TULSA, Oklahoma It's a risky business trying to pick a winner from a field of 151 players in a golf tournament, a task made chancier still when the tournament is the PGA Championship. The PGA, the year's final major, which begins today at
      NYT; Reuter  -  1,122 words
    • Article
      Lock icon Dream Team II whips Australia in round robin game
      572 9 AFP TORONTO Dream Team II added insults to embarrassment on the way to their most lopsided victory yet at the World Basketball Championships. Reggie Miller scored 31 points and the US team of National Basketball Association stars rolled over Australia 130-74
      AFP  -  572 words
    • Article, Illustration
      Lock icon China surprises with small wonder
      492 9 World Basketball Championships Reuter TORONTO He is listed on his team's roster as Adiljan, just Adiljan. To fans at the 12th World Basketball Championship he is the main man of the surprise Chinese team. By qualifying for the quar-ter-final round, 2-2, China has ensured itself
      Reuter  -  492 words
    • Article, Illustration
      Lock icon Palmer's last attempt at sole elusive title
      561 9 Reuter TULSA Arnold Palmer says goodbye to a big part of his life this week when he plays in his 37th and final PGA Championship the only major title he has so far failed to win in his distinguished career. The 64-year-old Palmer,
      Reuter  -  561 words
    • Article
      Lock icon Norman: Golf sweep by foreigners will do Americans world of good
      373 9 AP TULSA, Oklahoma A nonAmerican sweep of golfs major championships "would be good for golf," Greg Norman said. An unprecedented sweep is more than a possibility going into the PGA championship, the last of the year's Big Four events
      AP  -  373 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        333 9 Upi AFP HELSINKI Fermin Cacho got his tactics right on the night again on Tuesday to add the European 1,500 meters title to the Olympic crown he won amidst such emotional scenes in Barcelona two years ago. The Spaniard made his move with 250 metres to go. sweeping past
        Upi; AFP  -  333 words
      • Article, Illustration
        Baseball
        71 9 NEW YORK Major Leagae Tuesday National: Chicago 2 SF 3; Cincinnati 5 LA 3; Florida 5 St Louis 3, Houston 3 San Diego 4/ Pittsburgh 3 Montreal 4; Philadelphia 5 NY 1. Colorado 4 Atlanta 7. American: Detroit 10 Milwaukee 4/ Texas 5 Seattle 8. NY 5 Baltimore 6.
        71 words
      • Article, Illustration
        Lock icon Basketball
        187 9 AFP TORONTO World Championships quarter-final round gases Tuesday Group h Russia 101 Puerto Rico 85; US 130 Australia 74. Standings (GP W L Pis* 1 US 1 1 0 2 2 Russia 1 1 0 2 3 Australia 10 10 4 Puerto Rico 10 10. Consolation round: Spain 94
        AFP  -  187 words
      • Article, Illustration
        Lock icon Golf
        171 9 AP PHOENIX The family of Heather Farr, the LPGA golfer who died of cancer last year, filed suit on Tuesday against a golf club manufacturer, seeking to reclaim hundreds of thousands of dojlars in medical expenses. The suit was filed in federal court against Karsten Manufacturing Corp. maker of
        AP  -  171 words
Page thumbnail Page 10
  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Software with a sharp eye for picking out faces
      779 10  -  The Institute of Systems Science has the technology to age a person's photo. David Mok reports David Mok THE latest version of a computer-based face recognition system developed by Singapore's Institute of Systems Science (ISS) can recognise a face that has
      779 words
    • IN TAKES
      • Article
        3-D effect without special glasses
        100 10 TOKYO Sanyo Electric Co, NHK. Engineering Services and Toppan Printing Co have jointly developed an autostereoscopic three-dimensional display that they say is the world's first of its kind. The system, to be released in November, allows viewers to see high-quality 3-D images on large screens
        100 words
      • Article
        Lock icon Imaging for baby's breathing problems
        111 10 UPI SAN FRANCISCO An imaging technique could significantly cut the cost, time and trauma of diagnosing a baby's breathing problems, scientists reported on Monday at an annual medical conference. Magnetic resonance imaging could reduce the expense of diagnosing a congenital malformation that causes breathing disorders
        UPI  -  111 words
      • Article
        Lock icon Understanding cows
        91 10 UPI WEST LAFAYETTE, Indiana A Purdue University professor says his study of bovine body language, in particular the use of tails in cow communication, has brought farmers and scientists a step closer to unlocking secrets of livestock cognition. Tail position tells a lot about a cow and provides
        UPI  -  91 words
      • Article
        Lock icon New drug against malaria
        115 10 Reuter NEW DELHI Indian scientists say they have developed a drug to combat the life-threatening tropical disease malaria, the Press Trust of India (PTI) said recently. The candidate drug, developed at the Indian Institute of Science in the southern Indian city of Bangalore, has been successfully
        Reuter  -  115 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      42 10 jM W AMr n The IBM Performance Series. Now available to Deborah Pereira. And everyone eke. m [Wwis, jt jjRKBm mm For more information, contact your nearest authorized IBM dealer. IBM and Value Point are trademarks of International Business Machines Corporation. HM2MM
      42 words
Page thumbnail Page 11
  • THE LAW PAGE
    • Article, Illustration
      Lock icon Don't leave for the lawyer's office without it
      777 11  -  Jan Hoffman looks at the Lawcard, a kind of credit card that can be used in the US to pay for legal fees Jan Hoffman NYT A LAWYER'S reluctance to turn bill collector is matched only by some clients' reluctance to pay
      NYT  -  777 words
    • Article
      Lock icon US businesses look to ADR for quick, efficient resolution
      286 11 UPI MANY US business executives are becoming interested in alr ternative dispute resolution as a way to resolve legal disputes outside the court system. Businesses are attracted to alternative dispute resolution, commonly known as "ADR", due to their frustration with the
      UPI  -  286 words
    • Article
      Helen Yeo & Partners sign China agreements
      586 11  - Helen Yeo Partners sign China agreements BAR ■AT THE -s=* By Conrad Raj ALMOST every major Singapore law firm now has a China practice, an indication of the strengthening economic and business ties between the two countries. However, no one appears to be as aggressive as the relatively young firm
      586 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      264 11 Ujon't obsolescence just became obsolete. Now, the IBM Value Point gives you a business computer that not only networks with the best of them, but also lends Value Point Performance itseli to many upgrade opportunities as well, Sent*. both in the bus and the processor. It comes to you with
      264 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      595 12 t^^NoHiiiigßeaAsAßiid.n^ FRESPfI .PASTA bAI LY. W From Pasta Frttca. Tho only rostaurant to mafco Ms own ip«ck»Wy pasta. tvwydoy. Savour porfoct pizza, flwot OotaH and torrlflc tlromtsu. AN toppod m iw. ,nitjillfu wlffi liviHOn nosptraiiij. NMkwnOiMMlMfhW SO Boat Quay. S4OKXI |Op«n 24 hounl. M: 532 62*3/532 MK> Mi (33 foyotvM*
      595 words
    • Advertisement
      Page 12 Advertisements Column 2
      295 12 WHERE TO WINE, DINE AND ENTERTAIN LET'S TALK OVER LUNCH Seafood Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. August 13 ABBM 27 Body Massage Essential Study Skills by Mr* Angelyn lim by Mrs Jannie Tang Buffet lunch and talk at $28 nett. jpT^anLM.
      295 words
    • Advertisement
      Page 12 Advertisements Column 3
      396 12 ra r <~= fancy 'Beijing? Then, we're delighted to suggest the fine Court for a memorable dining experience. Our lunch menu offers a variety of diati %in 'Beijing dumplings, a selection QXTV of set menus, and Beijing specialities D|J|/\ such as Beijing tafyd Tench and Marinated Lamb. fancy some nowt
      396 words
Page thumbnail Page 13
  • LIFESTYLE
    • Article, Illustration
      Lock icon Terracotta warriors go West
      603 13  -  The treasures will be the most ambitious exhibit ever mounted in the US, reports Ros Davidson Ros Davidson Reuter More than 2,000 years ago, Xi'an in what is now China was the capital of the world's first and largest empire and the richest city on earth.
      Reuter  -  603 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      201 13 A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only $32' per adult and $16** for children under 14. The J55 Champagne Brunch includes a bottle of the bubbly for two. Cheers! OtegntX v Singapore A Foua Siasons Recint
      201 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1186 13 I TVa RADIO I Quick Change, 8.30pm, SBC 5 p Bill Murray, Geena Davis and Randy Quaid are three desperate New Yorkers. They pull off a neat bank robbery but find getaway nearly impossible. This quirky 1990 comedy marked Bill Murray's directori- I V The Well-Tempered Bach with v L
      1,186 words
Page thumbnail Page 14
  • Article
    UN must prevent the nightmares
    552 14 OF THE seven million people living in Rwanda at the beginning of this year, well over half a million are now dead; a further five million have fled their homes. UN Secretary-General Boutros Boutros-Ghali has described the Rwandan nightmare as "one of the most hideous
    552 words
  • Article
    A step towards the goal
    277 14 EARLY IN July, Taiwanese President Lee Teng-hui signalled an improvement in relations with China when he said that ties between the two sides should be promoted rationally so as to achieve democratic and peaceful reunification ultimately. The breakthrough in discussions between Mr Tang Shubei, vice-chairman
    277 words
  • Article
    One people, one nation
    131 14 YESTERDAY, Singaporeans basked in the warmth of their National Day. In 1965 Singapore was regarded as a nation without hope. What we are today is the result of planning, hard work, and perseverance. As we progress further and become a nation of excellence which, some experts
    131 words
  • Article
    More boarding schools needed
    160 14 WHILE the Singapore government encourages its business people to go abroad to seek greater opportunities, it must cater to those people who are willing to heed the call and have family responsibilities at the same time. Their children's education is one major worry which the government
    160 words
  • Article
    Useful public scrutiny
    142 14 IT IS obviously too early to assess the implementation of the special poverty alleviation programme which was launched last April under the Presidential Aid Programme for Poor Villages throughout Indonesia. As usual, it is only to be expected that some technical problems may crop up at the
    142 words
  • Article
    Treat trade as part of reform
    176 14 THE FAILURE of the US and Japan to reach an agreement on Japanese government procurement is quite regrettable and is another sign of the abnormal direction the bilateral relationship has taken. Although the two nations intend to continue negotiations, the talks will now be
    176 words
  • Article
    A giant leap backwards
    144 14 THE APPARENT DECISION by members of the Executive Council not to declare their share dealings is a giant leap backwards for open government in Hongkong. It is a decision that adds nothing to the lustre of those who made it, sends precisely the wrong message at
    144 words
  • Article, Illustration
    The West should have heeded the doves on Korea
    787 14  -  Gregory Clark says the debate over North Korea's nuclear plans shows why Western diplomacy has tended to fail in Asia Gregory Clark THERE ARE two very opposed ways to look at the North Korean regime. The hawkish view says it started
    787 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      270 14 Attention I Executive Officers, Personnel Managers, Training Managers... I SEMINAR on I Technology in Training I for Human Resource Development I There is lots of work to be done and I You and your staff are very busy. 1 You know the need for continual training but I they Just
      270 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      50 14 gwoy TywsoHp J lSk^'i.^2 N H '*V -\T $r Vqud^.^. POONESBURY GARRY TRUDEAU I AWBeirtUASTHAT nHn II fmizmr caju>lm A (*ncM.<XM**e I *&u* i ***H I J H#K A HJ666*. UZWST I 7H^J^f rf <%g£ 1 then aecw uotrr nam until WI gwol*p. hxtv |bJ «KV ALLT&FACVAFS **<* I 11
      50 words
Page thumbnail Page 15
  • ANALYSIS
    • Article, Illustration
      The rise of a new Asian high-tech dynasty
      2548 15  -  Y C Wang's Formosa Plastics Group is focusing on a new avenue of growth: electronics. This could change the face of Taiwan's economy drastically in a few years. Pete Engardio and Margaret Dawson examine the waves that the next Wang generation is
      2,548 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      248 15 NEW CENTER NOW OPEN IN KLANG if you are worried about your hair you doubtless study every tiny area of your scalp that seems to show through more than it should You cant be sure, there Ay may not be any problem-but then again, it could be I the onset
      248 words
Page thumbnail Page 16
  • Article
    Lock icon Japanese govt think-tank to study derivatives market
    324 16 Bloomberg Business News Reuter, TOKYO A Japanese government economic policy group is set to examine the fast-growing world derivatives market in light of the recent sharp rise of the yen, group member Shigeru Goto said yesterday. The main thrust of the group's investigation
    Bloomberg Business News; Reuter,  -  324 words
  • Article, Illustration
    Lock icon Malaysia honours Nelson Mandela
    69 16 Reuter KUALA LUMPUR South African President Nelson Mandela's youngest daughter, Zinzi (left), receiving the Tun Razak Award on behalf of her father yesterday. The award, presented by Hajjah Rahah (right), widow of former Malaysian Prime Minister Tnn Razak, was in recognition of Mr Mandela's "resolute resistance
    Reuter  -  69 words
  • Article
    Lock icon Czech Rep seeks foreign partner for telecom firm
    186 16 Bloomberg Business News PRAGUE The Czech Republic government said yesterday it wants a single foreign partner to buy 27 per cent of state-owned SPT Telecom. "It's necessary to keep SPT Telecom as an integrated operator," said Karel Dyba, the Czech Republic's economic
    Bloomberg Business News  -  186 words
  • Article
    Westmont's Manila unit to launch mutual fund
    251 16  -  From Al Labita in MANILA THE Manila flagship of Malaysia's Westmont Moldings plans to launch a mutual fund to invest in blue chip Philippine and Malaysian stocks. The Philippines-Malaysia Fund will be managed by Westmont Bank and the Wall Street-based Clcmcntc Capital. A
    251 words
  • Article
    Lock icon Another HK airport job sealed without Sino-British accord
    209 16 Reuter HONGKONG The Hongkong government has awarded another contract for the colony's new airport without a Sino-British agreement on financing the huge project, the Hongkong government said yesterday. The contract, worth HK$2O4 million (Ss4o million), was given to US-based Raytheon Co for
    Reuter  -  209 words
  • Article, Illustration
    Lock icon US Senate begins debate on health insurance Bill
    491 16 NYT WASHINGTON Torn between its sense of history and its partisan imperatives, the US Senate on Tuesday began debating national health insurance, the last unfinished business of the New Deal. Senator George Mitchell of Maine, the majority leader, said providing health insurance
    NYT  -  491 words
  • Article, Illustration
    Parallel lies between Whitewater and Watergate
    1020 16  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent WATERGATE. Americas most celebrated public scandal, whose 20-year anniversary Washington is marking this week, gave birth to several unforgettable moments and a set of colourful characters that have become part of
    1,020 words
  • Article
    Lock icon US Congress urged to change securities fraud law
    160 16 Reuter WASHINGTON Business and professional groups urged the US Congress to reform securities fraud laws but opponents said claims of excessive suits were exaggerated. "The six largest accounting firms, which audit more than 90 per cent of our nation's public companies, are
    Reuter  -  160 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      70 16 r Nitsuko Di£ i t .11 Keyphone Systems ~W <* jl ;leadingEJgeTethnology Since 1 January 1994, SAVILLS HAS ACQUIRED £124,200,000 OF COMMERCIAL PROPERTY IN LONDON, AND THROUGHOUT THE U.K. FOR THEIR CLIENTS. For further information, please contact: In association with Savills I SAVILLS 1 71 409 8760 /J J Jl*
      70 words
    • Advertisement
      Page 16 Advertisements Column 2
      25 16 Distributor: re,: 278 C far- 97 fi 78 9 8 Singapore Communications Equipment Co Pic Ltd I 0A LIU I O¥ U v Quality Seivice
      25 words
Page thumbnail Page 17
  • COMPANIES & MARKETS
    • Article
      Keppel, Jurong Cement to invest in China cement plant
      320 17  -  By Rahita Elias SINGAPORE Homegrown conglomerate Keppel Corp and listed Jurong Cement will invest a total of 90 million renminbi (5515.6 million) in a cement plant project in China. Keppel said in a statement yesterday that it had formed a 50-50
      320 words
    • Article
      MPHB earnings up 48pc to M$53m
      438 17  -  By Agnes Wee SINGAPORE Diversified Malaysian company, Multipurpose Holdings Bhd, (MPHB), yesterday reported a 48 per cent jump in group net earnings to M 552.91 million (5530.7 million) for the six months ended June 1994. Earnings per share was 7.1 sen compared with 4.8
      438 words
    • Article
      Lock icon K Guthrie to streamline property division
      213 17 Bernama KUALA LUMPUR Kumpulan Guthrie Bhd has proposed to streamline its property development division togeU??r with Highlands Lowlands Bhd. KGB said yesterday that under the scheme, Augsburg (M) Sdn Bhd, which owns the land known as Bukit Jelutong Rasak, will become a subsidiary of
      Bernama  -  213 words
    • Article
      Lock icon Renong buys prime land in Johannesburg
      194 17 Bernama JOHANNESBURG Renong Bhd has acquired 5.6 ha of prime residential land here for 25 million rand (5510.4 million), which it plans to develop with a South African partner. Company officials said Edgcot Investments Pty Ltd had been set up to undertake the project.
      Bernama  -  194 words
    • Article, Illustration
      Sembawang's change in accounting policy a case of new broom sweeping clean
      807 17  -  HOCK LOCK SIEW By Joyce Quek SINGAPORE The suspicious mind might have heard bells ringing when Sembawang Corporation released its halfyear results this week. It may have sounded like alarm bells, but it was probably a wake-up call
      807 words
    • Article
      Goldtron's interim earnings up 13pc as turnover surges
      253 17  -  By Quak Hiang Whai SINGAPORE Sesdaqlisted Goldtron lifted net earnings 13 per cent to $12.6 million in the six months to June 30. It said yesterday that group turnover suited 58 per cent to $222.7 million, with strong contributions from its manufacturing
      253 words
    • Article
      Hong Fok subsidiary sells stake, incurs HK$1.6m loss
      155 17 SINGAPORE Hong Fok Corp's subsidiary, HFL International Consortium, has sold seven million shares of another subsidiary, Winfoong Investment, for HKS4.2 million (S$818,000). The listed property group said the sale would result in an extraordinary loss of about HKSI.S9 million. Hong Fok, the
      155 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 17 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Baring. Fraser, Kay Hian, Nomura. OngCo. Phillip. Smith New Court. Tat Ijee and SG Warburg.
        40 words
      • Article, Illustration
        HOT STOCK
        146 17  -  -By Paul Leo K.LI Holdings closed at $2.22 yesterday, 44 per cent below its year high of $3.98 touched on Jan 11. It has just broken above a downward-sloping trendline connecting the peaks since Jan 11 on the weekly chart, indicating the beginning of a medium-term uptrend. Weekly
        146 words
    • COMPANIES
      • Article
        Lock icon Second airline project still on: Hicom
        100 18 Bernama SHAH ALAM The Air Asia second national airline project is still on, said Jamil Jan, chairman of Hicom Holdings Bhd, which has a majority stake of 85 per cent in the company. "Officially, it is still on," he said when asked to comment
        Bernama  -  100 words
      • Article
        Bonvests on sale of condo units
        104 18 SINGAPORE Bonvests Holdings said its wholly-owned subsidiary Upfront Developments began selling its condominium project at 19 Shelford Road on Aug 3. The group said it has entered into an option agreements with six employees for the sale of five units in the project. The
        104 words
      • Article
        Seapower on change of shareholdings
        29 18 SINGAPORE Seapower Asia Investments said Hui Kam Yip, Wong Chun Hong and World Ford Investment have ceased to be substantial shareholders in the group.
        29 words
      • Article
        Lock icon Pegi Malaysia returns to the black
        73 18 Bernama KUALA LUMPUR Pegi Malaysia Bhd has moved into the black with a group pre-tax profit of M 54.13 million (552.39 million) for the year ended March 31, 1994, against a loss of M 52.65 million previously. The company said yesterday that group turnover
        Bernama  -  73 words
      • Article
        Lock icon M'sia's Eicon lands S African project
        66 18 Bernama JOHANNESBURG A Malaysian company will develop a US$2OO million (Ss3oo million) low-cost housing project in South Africa, making it the first foreign company in such a venture. Eicon GmbH Bina Sdn Bhd is involved in a 60-40 venture with the African Development Corporation
        Bernama  -  66 words
      • Article
        Lock icon China gaming licence talk spurs speculative interest in Red Box
        196 18 Reuter KUALA LUMPUR Red Box (Malaysia) Bhd, a photo frame and album maker, has attracted active speculative interest in the past week on rumours that its chairman had secured a gaming licence in China, industry sources said. A source close
        Reuter  -  196 words
      • Article
        Interport resumes trading after reporting Ganda deal
        490 18  -  From Al Labita in MANILA THE Philippines Stock Exchange yesterday lifted the suspension of listed oil exploration and property development company Interport Resources Corp, after it reported its stock swap with a Malaysian company. The exchange's market surveillance chief, Maricel Lopez, told Business
        490 words
      • Article, Illustration
        Lock icon New Serdang plant to convert to combined-cycle
        208 18 NST KUALA LUMPUR Tenaga Nasional Bhd plans to convert its newly completed 625 mw gas-powered electricity generation facility in Serdang, Selangor, into a combined-cycle plant that could probably see an additional investment of about MS4SO million (***** million). Executive chairman Ani Arope said
        NST  -  208 words
      • Article
        Lock icon Sabah finance chief sure target firm is a good buy
        270 18 Bernama KOTA KINABALU The Sabah state government is optimistic that the public listed company which it hopes to acquire will be "a good and clean counter". "The counter is a good one... I think it's a clean counter," Deputy Chief
        Bernama  -  270 words
      • Article
        Lock icon Proton for Philippines by year-end, but plan is for joint-venture assembly
        206 18 Bernama SHAH ALAM Perusahaan Otomobil Nasional Bhd (Proton) is prepared to export its left-hand-drive Proton Wira cars to the Philippines by yearend, its managing director, Mr Nadzmi Salleh, said yesterday. For a start, Proton, would export between 250 and
        Bernama  -  206 words
      • Article
        Lock icon KL bourse set for another runaway rally, say analysts
        401 18 MARKET AFP KUALA LUMPUR The Malaysian bourse is set for another sensational rally akin to the bull run of last year as a return of foreign funds and a strong showing by listed firms lift market sentiment, analysts said yesterday. Investor
        AFP  -  401 words
      • Article
        Lock icon Swami: I was never proxy for Sabah govt
        404 18 Bernama KOTA KINABALU Dr Mohan M K Swami, the Sabah medical doctor, who recently took over ownership of Chew Piau Bhd, yesterday denied speculation that he had been the proxy for the Sabah state government in its bid to purchase a main
        Bernama  -  404 words
      • Article
        Untitled
        479 18 Maufan' pricas Aug 11 Mendaki Gr Fund 1.19 122$ Singapore Unit Tnist LSGrFund 100 104 www* 1 ||||M A y_A AJ The Commerce 1.64 1.74 MNH ™P W The Savings Fund 1.56 1.65 Unifund I.SO I.S6 S'pore Prog Fund 0.70 0.74 Unibond 1.035 1.060 S pore Sec Fund 1.02 I
        479 words
      • Article, Illustration
        Cathay Pacific's HK$803m interim profit below expectations
        499 19  -  From Lim Soon Neo in HONGKONG HONGKONG'S leading air carrier, Cathay Pacific, turned in a net profit of HKSBO3 million (S$ 156.4 million) in the first half of this year ended June, below the range of HKS9OO million to HK$l billion analysts had
        499 words
      • Article
        Lock icon Govt credit plan sparks Shanghai share rally
        498 19 Reuter SHANGHAI A proposal to pump government money into Chinese brokerages has helped spark a meteoric rise in China's domestic A shares, but financial analysts are sceptical about whether the plan will ever get off the ground. The Shanghai Securities Sews yesterday quoted
        Reuter  -  498 words
      • Article
        Lock icon Shareholders' revolt clouds future of Goodman Fielder
        411 19 Chairman, several directors under pressure to resign Reuter SYDNEY The future of Australia's largest food group, Goodman Fielder Ltd, has been cast into uncertainty after a revolt by shareholders upset with the company's financial performance, analysts said yesterday. The chairman and several directors
        Reuter  -  411 words
      • Article
        Lock icon Taiwan company President Enterprises to list 7-Eleven unit
        126 19 Bloomberg Business News TAINAN, Taiwan President Enterprises Corp, Taiwan's largest food company, said it plans to list shares in its 7-Eleven convenience store unit on the Taiwan Stock Exchange. President Chain Store Corp, a fully-owned subsidiary of President Enterprises, is Taiwan's largest
        Bloomberg Business News  -  126 words
      • COMPANY BRIEFS
        • Article
          Lock icon Hutchison unit in US$80m port venture
          78 19 Bloomberg Business News KINGSTON, Jamaica Hutchison International Port Holdings, a unit of Hutchison Whampoa of Hongkong, is establishing a joint venture with the Grand Bahama Development Company to build a container port at Freeport, Grand Bahama, the Financial Times reported yesterday. Hutchison will invest
          Bloomberg Business News  -  78 words
        • Article
          Lock icon HK tribunal hearings may be delayed
          105 19 Bloomberg Business News HONGKONG Hearings in Hongkong's second insider trading case may be delayed because new evidence could force one of the insider dealing tribunal members to resign over a conflict of interest. At a preliminary hearing yesterday, tribunal chairman Justice Frank Stock said
          Bloomberg Business News  -  105 words
        • Article
          Lock icon Michelin's 2nd-quarter sales rise 9pc
          66 19 Bloomberg Business News PARIS French tiremaker Cie Generaledes Etablissements Michelin SCA said second-quarter sales rose 9 per cent to 17.35 billion French francs (SS4.B billion) from 15.9 billion francs one year earlier. That brings first-half sales to 33.28 billion francs, up 9 per cent from
          Bloomberg Business News  -  66 words
        • Article
          Lock icon China oil firm to control HK's Paragon
          96 19 Reuter HONGKONG Oil explorer Paragon Holdings Ltd said Sun World Ltd, a subsidiary of China's state-run China National Petroleum Corp, has agreed to increase its stake in Paragon to 51.74 per cent from 35.36 per cent at a cost of HKSIII.2O million (5521.67
          Reuter  -  96 words
        • Article
          Lock icon Japan's Toyoda to set up China venture
          68 19 AFP TOKYO Japan's Toyoda Automatic Loom Works Ltd has agreed with Taiwanese motor parts maker Lio Ho Machine Works Ltd to set up a joint production venture in China, news reports said yesterday. The partners are expected to formalise the deal shortly and
          AFP  -  68 words
      • Article
        Lock icon Aussie stock exchange to launch new derivatives market
        389 19 Reuter SYDNEY The Australian Stock Exchange (ASX) said yesterday it would launch a new derivatives market called Share Ratios in what it said would be the first exchangecontrolled market of its kind in the world. Share Ratios is based on the performance
        Reuter  -  389 words
      • Article
        Lock icon Kumagai Gumi poised for recovery after cutting costs
        446 19 Reuter TOKYO Bad days for Kumagai Gumi Co Ltd are almost over despite the current misery of the Japanese construction industry in general, as the company trims its once-massive and burdensome overseas property portfolio. Kumagai, one of the few major construction firms
        Reuter  -  446 words
      • Article
        Standard Chartered's interim pre-tax profit up 39pc to £237m
        547 20  -  From Lim Soon Neo in HONGKONG STANDARD Chartered Bank, which has plans to seek secondary listings in Singapore and Hongkong, yesterday reported a 39 per cent increase in interim pre-tax profit to £237 million (SSSSI million). The Asia Pacific region was
        547 words
      • Article, Illustration
        Lock icon Aussie domestic carrier to take on Qantas for share of Asian market
        435 20 Reuter SYDNEY Ansett Airlines, perched comfortably as Australia's most popular domestic carrier, is set to spread its wings over Asia in a swoop on rival Qantas Airways Ltd for a share of the lucrative Asian market. Ansett officials
        Reuter  -  435 words
      • Article
        Lock icon Bell Atlantic, Nynex file suit in bid to stop AT&T merger
        332 20 Bloomberg Business News BROOKLYN Bell Atlantic Corp and Nynex Corp have filed a suit in an effort to block AT&T Corp's proposed US$l2.6 billion (5518.9 billion) acquisition of McCaw Cellular Communications Inc. The two regional Bell operating companies allege
        Bloomberg Business News  -  332 words
      • Article
        Lock icon Dresdner Bank's interim operating profit up 11.2pc
        218 20 Bloomberg Business News COLOGNE Brisk demand for mortgage loans and feebased services offset slumping trading profit to lift first-half operating profit at Dresdner Bank AG, Germany's second biggest bank, by 11.2 per cent to 1.0 billion marks (***** million) from 936.1 million marks
        Bloomberg Business News  -  218 words
      • Article
        Lock icon Indian group acquires rights, stake in US satellite company
        239 20 Bloomberg Business News WASHINGTON Iridium Inc said a group of Indian institutions acquired the rights to a portion of the company's global satellite network and a stake of the company for US$32 million (Ss4B million). The group, led by Infrastructure Leasing
        Bloomberg Business News  -  239 words
      • Article
        Lock icon Microsoft tops Forbes' ranking of software firms based on revenues
        207 20 Reuter NEW YORK Microsoft Corp, with annual sales of US$4.4 billion (556.6 billion), topped Forbes' first-ever ranking of computer software publishers based on revenues, the magazine said in technology supplement Forbes Asap. Computer Associates was a distant second with US$2.l
        Reuter  -  207 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon KPMG to pay US$186m savings and loan settlement
        263 22 NYT NEW YORK KPMG Peat Marwick, one of the Big Six accounting firms, said on Tuesday that it had agreed to pay U*****.5 million (*****.8 million) to settle federal charges that it failed to audit a number of failed and distressed banks
        NYT  -  263 words
      • Article, Illustration
        Lock icon UK's Commercial Union to buy French insurer Groupe Victoire for £1.5b
        432 22 AFP LONDON Britain's leading insurer, Commercial Union (CU), on Tuesday said it had agreed to buy its French counterpart Groupe Victoire for £1.5 billion (553.46 billion) or 12.5 billion francs from Cie de Suez. The purchase will include about
        AFP; Reuter  -  432 words
      • Article
        Lock icon Japanese firms optimistic about synthetic rubber supplies
        363 22 Reuter TOKYO Rubber product makers in Japan are confident they can still meet sluggish industrial demand, despite the threat posed by a water shortage to synthetic rubber output, industry sources said. "I've heard that the water shortage may affect (synthetic rubber) supplies, but
        Reuter  -  363 words
      • Article
        Lock icon Exxon plant fire may affect ethylene supply
        364 22 Bloomberg Business News BATON ROUGE, Louisiana Exxon Corp's largest US petrochemical plant was rocked by a series of explosions and a fire on Monday, raising concern about a potential shortage of a key chemical, ethylene. Shares of major US chemical makers jumped to
        Bloomberg Business News  -  364 words
      • Article
        Lock icon India plans package to recapture lost tea markets
        267 22 Reuter COONOOR, India India, the world's laigest tea producer, is considering a package of subsidies and credit to domestic companies in a bid to recapture its lost markets after the collapse of the Soviet Union, exporters said. They said at least 20
        Reuter  -  267 words
      • Article
        Lock icon China merges two futures exchanges in Guangzhou
        155 22 KnightRidder HONGKONG Two commodities futures exchanges in Guangzhou city have been combined into the Guangdong United Commodities Futures Exchange, Hongkong's Ming Pao newspaper reported. The newspaper said the commodities traded on the two exchanges overlapped, limiting the development of commodities markets in the
        Knight- Ridder  -  155 words
      • Article
        Lock icon Futures fall as US supply of petrol higher than expected
        165 22 Bloomberg ENERGY REPORT Bloomberg Business News NEW YORK Crude oil futures tumbled to the lowest price in more than a month as US supplies of petrol proved larger than expected, signalling that less crude will be needed for refining into
        Bloomberg Business News  -  165 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        127 22 THE SINGAPORE dollar traded between 1.5060 and 1.5065 for most of yesterday. After Tokyo close, it eased softly in quiet trade. It should soon resume its firming trend, spurred by the second quarter better than expected economic figures. The ringgit closed the day's high with
        127 words
      • Article
        Lock icon London
        194 22 Bloomberg Business News LONDON The dollar held steady against the mark and yen as analysts speculated when the US Federal Reserve will raise interest rates. Traders awaited several economic reports due today to set a better idea of whether the US economy is growing fast enough to warrant higher
        Bloomberg Business News  -  194 words
      • Article
        Lock icon New York
        94 22 Reuter NEW YORK The dollar was down slightly against the major currencies, except the yen, in early trading yesterday after the limited success of the first round of Treasury auctions the day before. Around 1340 GMT, the dollar traded at 1.5760 marks against 1.5817 on Tuesday and at
        Reuter  -  94 words
      • Article, Illustration
        Untitled
        1237 22 I'rade-nnxhied index ivkvkutd agaiitii Spore's lop 14 trading partners bait year: I*3 US$/S$ forward rates Noon Aug 10 ss Bid Offer 1-month 1.5037 I.50S2 2-month ***** 1 5041 3-month ***** 1.30)1 6-month 1.497J 1.4993 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at Sm m Aug It: Singapore dollars
        1,237 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars end unchanged
        1245 23 SIMIX RtPOflT Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended mostly unchanged and Japanese government bond (JGB) futures were lower. Euroyen was steady in the morning but followed JGBs slightly lower in the afternoon session. Dealers said the undertone of Euroyen was weak after the increase
        Reuter  -  1,245 words
      • Article
        Palm oil surges on buying support
        700 23 COMMODITY REPORTS Palm Oil CRUDE palm oil closed sharply higher, extending overnight gains on continued buying support. Aggressive short covering coupled with speculative interest continued to spur values. Pakistan's presence in the market also boosted sentiment. Aug South was offered at M$ 1,495 a
        700 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Bunker fuel to firm at current levels
          86 23 SINGAPORE Prices of bunker fuel are seen stabilising at current firm levels this week into next week as buyers are unwilling to pay at levels that are too high, despite sustained healthy demand, bunker traders said. Traders here expect the fuel oil cargo
          86 words
        • Article
          Egypt, Israel to discuss gas pipeline
          96 23 LONDON Egyptian Oil Minister Hamdi alBanbi arrived in Israel yesterday for a meeting with Israeli counterpart Moshe Shahal to discuss a possible gas pipeline, Israel Radio reported yesterday. The report monitored by the British Broadcasting Corporation here said Mr Banbi would hold talks with
          96 words
        • Article
          Russian sugar prices to rise further
          90 23 MOSCOW Sugar prices in Russia have shot up by some US$5O per tonne since July and are expected to rise even further later this month, analysts say. A tonne of refined sugar sells today at the rouble equivalent of US$39>US$4O5, compared with about US$35O
          90 words
        • Article
          S Korea buys 52,000 tonnes of corn
          47 23 HONGKONG The Korea Feed Association bought 52,000 tonnes of US corn yesterday at US$llB.3B per tonne C&F, an official said. The grain, sold by Mitsui, will be shipped from the Pacific Northwest for delivery to Inchon port on Oct 20.
          47 words
      • Article
        COMMODITY PRICES
        1362 23 Rubber Aug 10 Stafapore C>—lortHy Exchange Pfcykal Prk (ftrtww dastag m at 5.30pn) Buytrs Mtert As at 12 mm (S cents/kg) RSS 1 Contract (S cents/kg) v RSS 2 Sep 94 200.30 20I.50N u~.,k M»h Intcmt RSS 3 Sep 94 199.50 200.SON Month High Low Sett (toanes) Interest
        1,362 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        916 24 -10.3 CONTINUING anxiety over US interest rates was blamed for sidelining investors and dragging the share market to a lower close. The All Ordinaries Index ended 10.3 points lower at 2,076.5 while the All Industrials dropped 15.3 to 3,041.7 and the All Resources eased 6.6 to 1,351.6. Turnover totalled
        916 words
      • Article
        Manila
        646 24 +61.82 Share prices ended two days of sideways movement to advance 2.14 per cent in heavy trading yesterday, acting on bullishness in the economy s first semester performance. The PSE Composite Index sprinted 61.82 points to close at 2,944.19. Volume surged to 9.03 billion shares value at 1.57 billion
        646 words
      • Article
        Taipei
        537 24 -106.90 The Taiwan bourse yesterday suffered a heavy loss as investors scaled down shareholdings after four consecutive winning sessions, with shares posting declines across the board. The Weighted Price Index plunged 106.90 points to settle at 6,838.01. Turnover dropped to 2.13 billion shares valued at NTS 106.2 billion. Falls
        537 words
      • Article
        Seoul
        419 24 +12.71 Stocks surged yesterday on news of a government decision to relax its squeeze on money supply for the month, retreating from an austere monetary policy. The Composite Price Index climbed 12.71 points to close at 930.21. Turnover was 21 million shares worth 430 billion won. Rises outnumbered falls
        419 words
      • Article
        New Zealand
        293 24 11.87 The NZSE-40 Capital Index partially recovered from Tuesday's sell-ofT but prices were mixed and losing stocks outnumbered gainers 44-30. The index gained 11.87 points to 2,088.10 thanks largely to an eight cent gain by Carter Holt Harvey and a four cent gain by Telecom. Those two stocks
        293 words
      • Article
        Bombay
        101 24 +59.98 Share prices closed higher on across-the-board buying by speculators, with the BSE 30-share Index ending 59.98 points up at a provisional 4,379.06, which is a 27-month high, brokers said. "In the last 15 days, there has been profit-taking in cash shares. That money is now shifting into the
        101 words
    • WORLD STOCK MARKETS
      • Article
        Frankfurt
        198 24 -3.83 German stocks fell in slow trade as the bond market steadied ahead of US economic data that might see a rise in interest rates. The DAX Index closed down 3.83 points at 2,160.37. "It wasn't worth going to the market today," said a trader. "The market must have
        198 words
      • Article
        Brussels
        139 24 -5.73 Belgian stocks fell as bond yields climbed and investors switched capital into less risky fixed-income securities. The Bel-20 Index closed down 5.73 points at 1,469.58. The decline was further fuelled by worries that rising rates in the US will increase the cost of borrowing for companies and attract
        139 words
      • Article
        Amsterdam
        233 24 +0.79 Dutch stocks closed higher after trading lower for most of the session as better-than-expected earnings from Hooaovens caused a rally in the final hour of trading. Nervousness about earnings from four major companies due today kept prices down for most of the day but when Hoogovens reported first-half
        233 words
      • Article
        Milan
        164 24 -146 Italian stocks fell for the sixth consecutive day, as trading linked to stock options dominated an otherwise deserted market. The Mibtel Index closed down 146 points at 10,788. Options for this month expire tomorrow. In Italy, option contracts are personal agreements and are not traded. Therefore the underlying
        164 words
      • Article
        Johannesburg
        282 24 +39 Shares ended substantially firmer yesterday as investors drove prices higher in steady trade amid a continued surge in sentiment. Dealers said price gains were outstripping strength in underlying fundamentals amid a lack of scrip in quality stocks. The Overall Index closed up 95 points to 5,918, the Industrial
        282 words
      • Article
        Toronto
        242 24 14.70 Stocks continued higher in quiet midday trade, buoyed by recent strength in the Canadian dollar. Traders said some players remain sidelined ahead of key US inflation data due for release today and tomorrow. The TSE-300 Composite Index was up 14.70 points at 4,201.00 in turnover of 30.58 million
        242 words
      • Article
        New York
        638 24 +14..24 Investors pushed stock prices higher early yesterday in moderate trading. The Dow Jones Industrial Average, which gained 1.95 points on Tuesday, climbed 14.24 points to 3,770.00 at 11am EDT. The New York Stock Exchange Composite Index was ahead 0.65 to 253.61, while Standard Poors 500-stock Index was
        638 words
      • Article
        London
        828 24 -1.6 STOCKS were mixed for a second day as gains in Glaxo were countered by falls in Standard Chartered and HSBC Holdings. The FT-SE 100 Index fell 1.6 points to 3,167.0. Trading was a moderate 587 million shares. Glaxo rose I7p to 629 as some US investors bought the
        828 words
      • Article
        Paris
        154 24 -10.31 French stocks fell for the third day amid continuing uncertainty about the fate of US and European interest rates. The CAC 40 Index fell 10.31 points to 2,064.17, having dipped as low as 2,053.31. The broader SBF-120 Index ended the day 7.61 lower at 1,423.45. Declines by Cie
        154 words
      • Article
        Stockholm
        113 24 •13.15 Swedish stocks fell for a second day, led lower by Ericsson, as investors stand cautious ahead of US inflation figures. The OMX Index tumbled 13.15 points to 1134.75. Nineteen stocks declined, nine rose and two were unchanged. "It was mainly Ericsson coming down after Merrill Lynch lowered its
        113 words
      • Article
        Zurich
        276 24 +5.9 Swiss stocks rose for only the third time this month as an acquisition by pharmaceutical maker Ciba-Geigy raised hopes for higher eam- ings in the industry. The SMI Index rose 5.9 points to 2,591.4, with 12 shares advancing, three steady and eight falling. The SPI Index rose 2.4
        276 words
      • Article
        Untitled
        496 24 Vienna Vn 10 Asrh l«5 5 Bank Ainlna <P> CA-BV VZ MJ I EVN MOJ Flufhafca 4*2 »"<* Lrn/in| 1317 LcykM 437 nick Maculan Hid VZ 115$ 10 OEMV VZ *W VA TVcHiwtotie 1091 Voucher 373 7 Vcfbvnd Aktie A *52 J Wwnotrrt 3910 2$ Source: Bank Austria Aktiengesellchaft Nasdaq
        496 words
    • Article, Illustration
      Lock icon HONGKONG
      2554 25 Bloomberg Business News HONGKONG Stocks rose after a senior Chinese official said China and Britain were close to reaching an accord on financing Hongkong's new airport. Investors didn't want to be left out in the cold after Hongkong shares started rising in London on Tuesday, said a foreign broker.
      Bloomberg Business News; Source: Bridge Info  -  2,554 words
    • Article, Illustration
      Lock icon CHINA
      494 25 CLSA TURNOVER in Shanghai B shares was a high USSIO million, with most counters increasing by 1-8 per cent. China TM took the lead, gaining 7.5 per cent. Fuelled by positive interim result, Shangling Elec was up 2.5 per cent on active turnover. The index ended 14.94 points up
      CLSA  -  494 words
    • Article, Illustration
      Lock icon TOKYO
      2491 25 Reuter TOKYO Stocks closed a touch firmer on a wave of public fund investor and index-re-lated buying, and an absence of active selling. But the market remained locked in a tight range as many investors were away on vacation and those still around were reluctant to move, traders said.
      Reuter; Source: Bridge Info  -  2,491 words
    • Article, Illustration
      Lock icon BANGKOK
      1493 25 Reuter BANGKOK Stocks fluctuated throughout the day to close fractionally higher, with new listing Italian Thai Development in focus, brokers said. The SET Index inched up 0.99 points to 1,407.32 after fluctuating between 1,414.86 and 1,403.55 on 7.63 billion baht turnover. Falls led rises 172 to 106. Ital-Thai was
      Reuter; Source: Bridge Info  -  1,493 words
    • Article, Illustration
      Lock icon JAKARTA
      1133 25 Reuter JAKARTA Share prices ended higher on buoyant market sentiment and bargain hunting after the index failed to break through the psychological 470point level on Tuesday. "It was a technical rebound after two days of falls. Foreign buying locked in the market from the opening, helping to calm local
      Reuter; Source: Bridge Info  -  1,133 words
    • Article
      CLOB INTERNATIONAL
      2355 26 MBit MM»vofamt r Mctroptex 50c 13.003.000 Idru Hyd 50c 9.891.000 Benaya L Wt99 8.562.000 CASH 50c 8.267.000 Promet 7.459.000 Mctroptcx TSR 6.657.000 Ind Oxygen Wt95 6.198,000 Innovnt Bhd 6.146.000 B Raya TSR97 S.I59.000 Mulpha Inll 50c 4.515.000 MCB HkJgs Wl99 4.052.000 Lien Hoc TSR97 3.961.000 Asia Pac Ld
      2,355 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Plantation stocks lead market to 5-month high
        5942 26 Bloomberg Business News KUALA LUMPUR Plantation stocks, benefiting from rising commodity prices and positive company news, led a rally that drove the index to a five-month high. "Palm oil and commodity prices are doing well," said one dealer. "Foreign money is coming in,
        Bloomberg Business News; Source: Bridge Info  -  5,942 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7712 27 Gr Cr M Wl IW4 Last Vol Da> Last Qwx* Dh Dl> VM Nil Can Aig High Low C'oaipaay Sal* (DOO) High Law Bu>er SeUet Of ft Smll Price INDUSTRIAL AND COMMERCIAL 1440 835 lis Acma 920 -20 IJ2 940 920 9IJ 920 I7.S 2.1 1.9 14.7 634.1 939 800
        7,712 words
      • Article, Illustration
        Lock icon Investors pursue M'sian counters, neglect local stocks
        1870 28  -  By R Sivanithy SINGAPORE The announcement that the economy grew by a higher than expected 10.5 per cent during the first six ntamths did little to lift local prices yesterday, but the strength of Malaysian counters particularly warrants left many observers saying that
        Charts by Bridge Info; Source: Bloomberg  -  1,870 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      208 17 NEWS VALUE How today's news might affect your slocks Manufacturing, construction drive S'pore's 2Q growth (pg I) Figures suggest that the downside for the Singapore stock market, particularly blue chips, is very limited indeed. Vital for dollar to be strong and viable: Greenspan (pg I) Remarks calculated to have a
      208 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      654 18 131 Goldtron Limited ISSSSJ (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following results: 1. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE 1994 Group Company 30.6 94 30 693 30 694 30 693 SS'OOO SS'OOO SS'OOO SS'OOO Turnover 222.684 140,989 58 2.735 3.680
      654 words
    • Advertisement
      Page 18 Advertisements Column 2
      217 18 Dividends table has been held over ProSTOCK® A Definite Edge For Stockmarket Players On-LJne Counter Tracking 55 l 13 :li is Effectively tracks the movement E iai: E:*•:: of a counter and displays the price, time and volume of the last Technical Analysis Analyse the counter's historical -j|i j—to assist
      217 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      107 19 Flying AEROFLOT to EUROPE is a total new experience Fly Aeroflot to Europe, its a total new experience in our -J modem fleet under the tender care of our friendly and '"ilhu.■ You will also enjoy more comfortable stopover time to see < :gZj<*gpßSE Moscow or St. Petersburg, two of
      107 words
    • Advertisement
      Page 19 Advertisements Column 2
      168 19 FOR SALE LUNA PARK, MELBOURNE, AUSTRALIA Melbourne Landmark Bay Front Location II —I |M I n ,-fr g-fc-j nnf Keoevetupmenr r meiniui Famous 2.93 ocre Amusement Park operating since 1912, Luna Park is located in St Kilda, only 3.5 kms from Melbourne's city centre. Currently achieving a high return and
      168 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      174 20 II OFFICE PROPERTY II I INVESTMENT SYDNEY AIRPORT I I AUSTRALIA I Gilt-edged tenant Qantas Airways I 1 2791m 2 building I I 5053m 2 site I I AS622,OCX) per annum net income (11%) I I Contact I I Graeme Torre I in Singapore office I I I International I
      174 words
    • Advertisement
      Page 20 Advertisements Column 2
      123 20 Arranger Keppel Bank Lead Managers Keppel Bank The Development Bank of Singapore Ltd Malayan Banking Berhad (Singapore Branch) Senior Managers Overseas Union Bank Limited American International Assurance Co., Ltd Oversea-Chinese Banking Corporation Limited POSBANK Managers NDC Merchant Bank Ltd NTUC Income Insurance Co-operative Limited Great Eastern Life The Insurance Corporation
      123 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      1695 21 I M-'$L 4> I I The First China Tianjin Electronic Industry Fair I offltM Opening: Angus! Uth 1994 at 11.00 am Organised by: Otßctol Opetdng by IBi Date: August 11-12,1994 (For Trade Only) Sifl fin IfltCTflStiOflSl IflVCStfllCQt PtC Ltd Economic ft Commercial Counsellor of the 818 iSli to 11. u
      1,695 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      306 23 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR Q PANAMA HONG KONG U.K.
      306 words
    • Advertisement
      Page 23 Advertisements Column 2
      34 23 As and when the latest London/ Rotterdam prices are not available, < the previous trading day's closing figures are carried instead. Make new business contacts through oassracauon 203 ,n The JAja Straits Times Classified, cjlta >
      34 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      29 24 18 karat gold and stainless steel. Baume Mercier MMg. w-L.cm™ GENEVE water-resistant to 30 meters. MAITRES HORLOGERS DEPUISIB3O gMHpg, Immil Umlii tinlf|nr it- ~rl m n f 1"' J
      29 words
Page thumbnail Page 25
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      103 27 o__ Since 1735 there has NEVER BEEN A QUARTZ BIANCPAIN WATCH. And there never will be. Sinfapore: mi: IKXJH CI ASS l.w.ky Piiui X 7HVWI Strtlv TW 23V»27/7IW» Centreix»iH TH 7MIVNVM)i Peninsula PlawTH 3]7njOWJ«tVtt3 Work! Turtc Centre TH 27)1007 Mors RenaisMncc. Ket Holies TW *****41 clwnv Airport Terminal l(l j»J
      103 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      284 28 ACTION PRINT PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN that the Final Meeting of members of the abovenamed company will be held at 50 Chin Swee Rd. #10-01 Thong Chai Bldg. S'pore 0316 on 12 September 1994 at 10.30 am for the purposes stated in
      284 words
    • Advertisement
      Page 28 Advertisements Column 2
      320 28 Thla annoucement appears as a matter of record only MOTOR P.T. FEDERAL MOTOR USDIOO,OOO.OOO Revolving Credit Facility ARRANGERS/UNRERWRITERS LTCB Merchant Bank (Singapore) Limited The Sanwa Bank, Limited, Singapore Branch The Sumitomo Bank, Limited, Singapore Branch LEAR MANAGERS The Long-Term Credit Bank of Japan, Limited, Singapore Branch The Sanwa Bank, Limited,
      320 words
    • Advertisement
      Page 28 Advertisements Column 3
      364 28 BUSINESS T I MJL_S TOL^?RE^E^No^Bo^4l-188^^Ax!741-lsff NOTICE NOTICE IS HEREBY GIVEN that, I SHAI KO KHEAN CHAI KO KHEAN of Blk 248 Lorong Chuan #21-04 Singapore 1955, have applied (or a Public House Second Class Licence in respect of premises at M/s Cashew Height Catering Services at 105 Cashew Height #01-04
      364 words
    • Advertisement
      Page 28 Advertisements Column 4
      318 28 LOST SHARE CERTIFICATES The Morning Share/Wanar*a(Wi&) oertficatosTtogatw wriVt tie relevant signed transfer deeds have been reported lost or dastroyed:QENERAL SECURITIES INVESTMENTS LIMITED CttmcMeNo In the num of Mo of Sharea/Wrta *****45 Yiah GeoK Eng 1 1000 KEPPEL CORPORATION LIMITED *****47/48 Tang Cheng Lui 2 x 1000 *****30 -do- 1* 500
      318 words
Page thumbnail Page 29
  • Shipping Times
    • Article, Illustration
      Sembeth operations getting back to normal after blast
      394 29  -  By Alec Almazan SINGAPORE Operations at Sembawang Bethlehem were said to be getting back to normal yesterday, after an explosion on Tuesday killed three workers. But work has stopped in the area where the tragedy happened, so that inquiries can be carried
      394 words
    • Article
      Lock icon Spain plans to label tuna in EU fishing war
      525 29 Bloomberg Business News MADRID Spain's tuna fishermen are opening up a new front in their battle with European Union (EU) tuna fleets: they hope to label Spanishcaught tuna so consumers can buy Spanish tuna and avoid fish caught using driftnets. The
      Bloomberg Business News  -  525 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      818 29 Pa«e Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 2/3 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Batamindo 7 3
      818 words
    • Article
      Lock icon Victoria state to privatise ports
      184 29 Reuter MELBOURNE The Australian state of Victoria said it planned to privatise its ports, which have a book value of more than A 5445 million (Ss4B9 million), to make them more competitive. Roads and Ports Minister Bill Baxter yesterday said the government met trade unions
      Reuter  -  184 words
    • Article
      Lock icon Cruise ship runs aground off south-east Alaska
      315 29 AP, Reuter ANCHORAGE, Alaska A cruise ship carrying 1,225 people ran aground on Tuesday in the Inside Passage of south-east Alaska, the Coast Guard said. The 33,000-ton vessel touched bottom briefly near Ketchikan, damaging the hull and a propellor and spilling about 260
      AP,; Reuter  -  315 words
    • Article
      Lock icon Prototype of ultrafast freighter to set sail
      156 29 Bernama-Kyodo TOKYO A prototype of a hovercraft-model superfast freighter capable of carrying 1,000 kg of cargo at a speed of more than 90 km per hour will begin its first long-distance test voyage on Aug 20, shipbuilding sources said yesterday. The sophisticated, 430tonne
      Bernama-Kyodo  -  156 words
    • Article
      Lock icon Argentina approves port-operating deal
      207 29 AFP MANILA The Argentine government has approved a US$6O-million (5590.6 million) contract for a Philippine port operator to manage a container terminal in Buenos Aires, the presidential palace announced here on Tuesday. A palace statement said Philippine Ambassador to Argentina Carlos Villa Abrile had given President
      AFP  -  207 words
    • Article, Illustration
      Lock icon At BMW's US plant, all men are equal
      539 30 At the German car maker's new plant in South Carolina, everyone wears a white smock and eats at the same time in the cafeteria AP WHEN the bell rings at the new BMW plant in Greer, South Carolina, work stops for everyone,
      AP  -  539 words
    • Article
      THE SHIPPING GUIDE
      11018 38 This is a list of ships loading at Singapore for ports around the world, it tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,018 words
    • Article
      SHIPPING AGENTS
      3012 43 Containerline NV: Belsin Shpg Agencies Pie Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahreakiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred C
      3,012 words
    • Article
      CONFERENCES & CONSORTIA
      310 43 CONFERENCES CONSORTIA Ma-North Amerfca Eaatbaund Rate Amen** (Far Eaat/NarOi iwuihia exdndes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line; Orient Overseas Container Line, Hapag-Lloyd. Trans-PaeHk Westtoeand Rata Agreement (Nartii America/Far Eaat): American President Lines; Sea-Land; Neptune
      310 words
    • Article
      COURIER SERVICES
      273 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      273 words
    • Article
      AIR FORWARDERS
      1507 43 Abex Express Kreight Tel: 542-7171. Fa*: *****84. Actinic Forwarder Tel: 225-1833. Fa*: *****42. Activalr Singapore Tel: 542-7822. Fa*: *****20. Aerolink Freight International Tel: 545-8033. Fa*: *****05. Aerospeed Tel: 542-5911. Fa*: *****18. Air Cargo Novo Express Tel: 542-5454. Fa*: *****06. Air Express International Tel: 542-7666. Fa*: *****74, *****50. Air
      1,507 words
    • Article
      PORT CONDITIONS
      2905 44 ALBANIA Durres: One vessel in port discharging bagged flour, no vessels waiting in roads. ARGENTINA Santa Fe, Diamante: No vessels berthed, none in roads, none due. San Ijorcnza* Three vessels and one barge berthed. Five vessels in roads and 28 vessels due at nine terminals during the coming
      2,905 words
    • Article
      CRUISE & FERRY SCHEDULES
      486 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA t I D Forts of Calls Port Agent Telephone No AUGUST 12 12 Langkapuri Star 1600 2030 Cruise to Nowhere Jardine Shipping 224-1052 Aquarius Agcncies 13 13 Leisure World 1000 2015 Cruise to Nowhere New Century Tours 227-8284 Corporation
      486 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      738 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP THE NEWS that Messrs Texaco have joined the trend of major oil companies in distancing themselves from the liabilities of direct ownership has provided a major talking point this week. It would seem that the idea is
      The information was contributed by Simpson Spence & Young; AFP  -  738 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        520 45 ins4 Hp tmfk jlntal Dtparlurt Vtm> fry No B«rth Vrtvl D«parttf« iUfOAC Part Batxn Speed3 ****** P01A 1008/1900 1008/2000 SSd^I2 1/* M/5 1108/0600 Warn £«d3 *****; POIA 1108/2330 1208/0130 Battm Maft N136 11 1108/2300 Man, Spe*4 ll»4* P01A 108 0700 08/0900 BopMHaRra 22 J8 1108/0600 2?, n!X!2!
        520 words
      • Article
        CONTAINER SCHEDULES
        1472 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bootonf/Batonce RsKs Ship Voy No Etb/Btr Period From To From to Jade 1988 12/1100 IB 10/1500 10/1459 10/1*0 3 11/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 M i 911 13/1000 1A
        1,472 words
      • Article
        COCKETT BUNKER MARKET REPORT
        871 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        871 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        481 45 Catan "rtw. MS Mr Mr M* A* MM. SM D«*, *tar to*. A* *■*>n fetowt M/M EUM Enon KG/M*3 V/Y M/M M/M PPM method KG/I™ V/V M/M M/M PPM method Eastern USA 180 Ave 984 0.3 14.3 0 09 11 0.02 60/Qmac 1Mb Spec E25 991
        481 words
    • Article, Illustration
      Lock icon Getting good returns from supply ship industry
      1016 46  -  At a seminar held recently in Atlanta, supply boat boss Charles Fabrikant discussed the supply ship industry in terms of its investment potential. Claire Lyons reports Claire Lyons Seatrade Week Newsfront CHARLES Fabrikant, chairman and chief executive officer of offshore supply boat company
      Seatrade Week Newsfront  -  1,016 words
    • Article
      Daily Freights
      1644 46 THE Baltic Freight Index for spot dry cirgo shipping rates rose to 1,483 on Tuesday from 1,475 on August 8. Rates remained strong for capesize tonnage and there is evidence charterers are taking vessels on period charter, brokers said. Brokers said negotiations are continuing for Mitsui OSK to
      1,644 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        SIA to expand cargo network, freighter fleet
        442 48  -  By Rahita Elias SINGAPORE National carrier Singapore Airlines is expanding its freighter fleet and its cargo network. The airline's cargo director, Huang Cheng Eng, said at a news conference yesterday that SIA planned to cover the US eastern seaboard, possibly introducing flights to
        442 words
      • Article
        Japanese carriers step up cooperation
        381 48  -  By Juliette Walker SINGAPORE Japanese airlines are testing new levels of cooperation to smooth their flight through a storm of high yen-based costs and strong competitive headwinds on both domestic and international routes. Yoshi Funatsu, a senior adviser for All Nippon Airways, said ANA, Japan
        381 words
      • Article
        Lock icon Airbus accuses Martin Marietta of shoddy work
        500 48 Bloomberg Business News PARIS Airbus Industrie has accused Martin Marietta Corp of performing "incredibly shoddy" work on the construction of its A 330 passenger jets, causing delays in the delivery of planes to two big Asian airlines. The setback is the latest in
        Bloomberg Business News  -  500 words
      • Article
        Lock icon Defective part delays A330 deliveries
        429 48 Bloomberg Business News AFP, KUALA LUMPUR A production problem involving a non-critical engine-part has held up delivery of the Airbus Industrie A 330 aircraft to Malaysia Airlines (MAS), a newspaper report said on Tuesday. The Star daily tabloid quoted Airbus press relations manager for Asia,
        Bloomberg Business News; AFP,  -  429 words
      • Article
        Lock icon Ship runs aground in Port Klang
        92 48 Bernama PORT KLANG A Denmark-registered cargo vessel Artis Island ran aground on Tuesday night after hitting what is thought to be a wreck about half a nautical mile from the One Fathom Bank lighthouse in Port Klang. The Malaysian Rescue Coordinating Centre here said
        Bernama  -  92 words
      • Article
        Lock icon Two oil barges collide on Manila river
        94 48 AP MANILA Two small oil barges collided yesterday at the mouth of Manila's Pasig River and one of the scows spilled 600 barrels of oil into the river, said the Coast Guard. Dario Fajardo, chief of the Coast Guard, said a special oil
        AP  -  94 words
      • Article
        Lock icon Power shortage at Taipei airport
        57 48 UPI TAIPEI Emergency power facilities at Taiwan's Chiang Kaishek international airport have not kept pace with expansion and are inadequate, civil aeronautics officials said yesterday. The airport was left in the dark on Monday after both the normal and reserve power supply lines were demolished
        UPI  -  57 words
      • Article
        Lock icon Aston Martin to raise output
        104 48 Reuter LONDON UK sports carmaker Aston Martin plans to raise production to about 1,500 cars a year by the late 1990s from just 144 last year, according to the Financial Times yesterday. Aston Martin received an injection of £50 million (S$ 115 million) in new
        Reuter  -  104 words
      • Article
        Lock icon New airline set up in Nanjing
        86 48 AFP HONGKONG A new airiine has been set up in Nanjing in eastern China to cater for medium and short distance routes, a report said on Tuesday. The Nanjing Airline Co Ltd was set up last month in a bid to ease heavy passenger
        AFP  -  86 words
      • Article
        Lock icon Australia Air loses China route rights
        77 48 Bloomberg Business News CANBERRA Australia Air has lost rights to the China route after a year-long struggle, the Financial Times said on Tuesday. The company was unable to gain the financial backing required to prevent the International Air Services Commission from revoking its decision
        Bloomberg Business News  -  77 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1376 48 «t nm n» ngt no_ Mm DfcaM Gf 146 1120 GF147 1850 GA985 1130 SQ441 1505 GA883 1545 1. Mtiakta QF81 1925 QF82 2055 SQ228 1955 imMM KLS43 0505 KL*****00 SQ25 0630 SQ26 2355 GA975 1205 KL837 1450 Mmt SQ347 0740 1. 2040 SAIL SS BW2T
        1,376 words
      • Article
        Lock icon Aussie air travel cheap but Asia ahead: report
        312 48 Reuter CANBERRA Australian air travel is cheap compared with the rest of the world but the country's airline industry is not as efficient as Asia's, according to an Australian government study. Qantas Airways is generally more efficient than its European and North
        Reuter  -  312 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      8 29 DIRECT CALL TO THURSDAY 81 SUNDAY HOTLINE *****37
      8 words
    • Advertisement
      Page 29 Advertisements Column 2
      26 29 Line* and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National vijfcpjy Shipping Association. v>»y For advertising enquiries, contact STimes. Tel 740-2089/740-2090
      26 words
    • Advertisement
      Page 29 Advertisements Column 3
      54 29 the FAMOUS J** 1 <6 Cmisom ■sauna *****33 For more Information please refer to Pi. W At BMW's US plant, all men are equal, Page 2 Getting good returns from supply ship industry, Page 18 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News.
      54 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1620 30 .■mm jxsxwa**, import.... IMPORT^. iWOtffH AMERICA! I QTHBR DEBTIWATIONB I I NQftTO AMtWBAJ mm «or stom u qm «c* sa 9M houstoh ok wi ndkogm na stom mkmbmb Mowmno bo« mimo mnoa mtn fauma faaawacu* Kso/wvm lmmkus omum kwcouw suttu stom. aummmcm u~ imii ~~is is 74~ u u u
      1,620 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1557 31 #yy»| <Av ptf LTO JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. P™" 0 111- S,'""" F«gn«3« CR NUMBER: **********0 C HQ TEL- *****3/4 FAX *****6 —m. .BIRfA DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) TEL. *****3/4 FAX. 5427UC r CIBTOUER SERVKE T|L- Jft FM mm KEPPEL DISTRIPARK BLK 513 #01-128 ~..„r
      1,557 words
    • Advertisement
      Page 31 Advertisements Column 2
      1746 31 ■gimFma MAERSK IS REPRESENTED IN i MORE THAN 60 COUNTRIES j FACILITATING THE EASE OF LOGISTIC Vassal Voy ETA ETD Fsadarsd «>y SL DESTINATIONS I IT A ETA ETA Nam «aak maren maersk v»4oe cy 16/oe oeoo mbs MM mm mam CFS ISAM 2359 MRS JOM LPK PEN OAK LGB
      1,746 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1326 32 T"™T AQABA R-DAM/ LE ALSO ACCEFTMO FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BUBG AWERP HAVRE WEST MALAYSIA fire ***** 15/8 3/9 5/9 7/9 Port Katanfl. P«n«>o THAMES 24/132 ~~T77i~ 3/9 6/9 4/9 P«*r Qod^fl HANNOVER EXPRESS 21/332 20/8 29/8 S/9 7/9 W9 12/9 14/9 EAST MALAYSIA 09/133
      1,326 words
    • Advertisement
      Page 32 Advertisements Column 2
      621 32 AFGHANISTAN MAM Afghanistan Ltd, Hairatan, Torghundi. Islamqata (Doqharun) C.1.5./RUSSIA: VwOodMiy, Vladivostok. Moscow, Baku, Tashkent Irkutsk, Alma Ata, AsOgabod, Dushanbe, Ktsv N Korea: Pyongyang, Nampo MongoWa: Ulaan Bator LCL TO CIS EASTERN EUROPE mRTH/WKST AFfi®OA VESSEL SIN DKR COM Korrtgan V.2274 16/8 14/9 CGM Normandte V.2284 23/8 22/9 Ned Europe V.2294
      621 words
    • Advertisement
      Page 32 Advertisements Column 3
      1304 32 NORASIA; I ALG BCL VAL HAM BRE ROT ANT FEL BiA MXE K LYRA TO4N 11/00 00/09 6/99 NORASIA SAOOANTNA 9431 3 11/00 01/ M 02/09 M/ 09 05/09 00/09 07/09 M/M T NORASIA SUSAN M 32-3 20/00 09/09 10/09 12/09 13/09 14/09 15/ M 17/09 T NORASIA SMCA 9433-3
      1,304 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1170 33 W W STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppol Towers Mm JW 111 > 020S Tel: *****8S Fax: *****17 '"8 »iii*UMMiMIMUIIMIIMWM.IIII»IJM MEW GUINEA PACIFIC LINI fpMSjp (A SERVICE OF CHINA NAVIGATION CO) CARGO 15 DUE SAM STRAITS PVDC VISE Hurl lab 11 *ut 12 At* 14 Auf
      1,170 words
    • Advertisement
      Page 33 Advertisements Column 2
      2451 33 k%\ m SINGAPORE AGENT: HK&Ak DfiYA P&O Containers (Singapore Agencies) Pte Ltd I iVI W I 10 Hoe Chiang Road #07-01 KeppeJ Towers. Singapore 0208 Tei: 225 2233 Teiex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT MPOWT sssu*, m ixs xs s» I"" ss. ss as.
      2,451 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      508 34 GENERAL AGENT C.R. NO *****81-***** ifK EKA JAYA AGENCIES >3lsr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE i~~HO CHI MINN CITY PAPER I HANPPHONK/tHRgCT 1 HKWHY HQt I'™*""'"" KELVIN CHAN imBT MANQJ IIWIII llP"™* ttILUAMWEE *****24 1722C208/MMM2 J TO VIETNAM/HCMC K service Miiinraw® CENTER-POINT 7 lines «gtl
      508 words
    • Advertisement
      Page 34 Advertisements Column 2
      1354 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR VSI SM UK HAUL SCA POX HM VSL SN UK HAUL SAW &M KTC HANJN IE HARVE 0271 19/8 ORECT 1/9 9/9 10/9 HMW LlJU**< >27l 19/8 M. HAMM KAOHSMMa 017E 26/8 DIRECT 15/9 16/9
      1,354 words
    • Advertisement
      Page 34 Advertisements Column 3
      1224 34 Ipu scp use wc us pus *1 oa ki m m c« i« ntc im im m w mk rs> cm m mp I «Ttß« (tt7 lf/1 17/1 mI a/I X/l 21/0 30/4 31/1 1/1 2/» 1/1 14/1 V/t 29/1 N 10 10 U/10 12/U IJ/ll 14/10 24/1# VII 7/11
      1,224 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1656 35 II I 'NEPTUNE AMAZONITEIOW ETA SGP 13/08/94 II fgS> I ETA RDM 29/08/94, FLX 30/08/94, HI H XT BRE 01/09/94, LEH 03/09/94 EXPORT TOt PtW/PHW SH ORE CALIFORNIA EXPRESS (SCX) TO: USWC —US QULF MIDWEST USEC CANADA I voy I IAM LOS 1 OAK VAH »IT I ATL CCO CLE
      1,656 words
    • Advertisement
      Page 35 Advertisements Column 2
      1128 35 A MULTILINE SHIPPING PTE LTD wm (a member of SVISOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 V BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 4 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      1,128 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1408 36 44 M AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CI NO: 1244J*****0M/GST REG NO: M 2-*****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T T MALAYSIA: K" LINE MARITIME (MALAYSIA) SON BHO I Mm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL:
      1,408 words
    • Advertisement
      Page 36 Advertisements Column 2
      1314 36 I®^^^^PPENSHT^(SI^ HAMBURG \ij/ I CONVENTIONAL t INDEPENDENT LINER SERVICE I EUROPE TO SOUTH EAST ASIA AND FAR EAST 4 I VESSELS LOMNNG PORTS DISCHARGE/LOADING FOR I SEAKITTIE HAM 01/07 SPORE 18/08 i I CARRIBEAN PRINCESS ANTW 03/08 SPORE 07/09 2 I GOSPIC HAM 26/08 SPORE 27/09 BKK 02/10 f I
      1,314 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      859 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I 1 I JSSSSS* CR NO **********0E I K" '*>" L±Jt .-,r M VESSEL VOY SM CMS JM HOC JED AOJ AOE PZU MSW ASA gf| IT3 KOTA WMAWAN WWII Iff IM*»«(|JJi2J2«2i22(l I EH KOTA mram mno7«
      859 words
    • Advertisement
      Page 37 Advertisements Column 2
      889 37 I ffW!i VOT ——Mr"™ LE HAWIt HAMBUQC ThMtS NOTTEOPAM AMTmNf VI.Lf H LTIU TO4N 11/00 02/09 04/09 05/09 00/09 09/09 WILE DC MM CO4M lt/ot 00/09 10/0* 11/ M 12/09 14/09 v«.l£ OC VELA *0411 23/01 14/09 10/09 17/09 I*/** 20/09 VK.IE DC TITAMA TOSW 21/09 23/09 24/09 25/09 21/99
      889 words
    • Advertisement
      Page 37 Advertisements Column 3
      530 37 I BSA IgMk MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yan|on (Ranfoon) Sport P.KIf Pen P.Gdf AVA VI2OW 12/14 Auf M Pt SAGANG V36W IS/27 Auf PAGAN ¥212* 11/20 Au| 21/22 Auf HPA-AM V2O4W 24/26 Auf MYOMAYWA VIS3W 24/30 Au( MALAYSIA AGENTS BOUSTEAO SHPPWG AGENCCS KU: TEL 13-*****00
      530 words
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1711 40 H 1 H \~i MHr^Pwl 3 IS7SuSir m 2 70 ji^lflLl Bm 1 S D^4^^ so I 3 CST x Fax: *****15 Fmjc *****6S »*^^^^^^»jiiiiiigiMuuij|i||mwiTPi^i^^—B^^^^MMßwmiiiAwflfulTinroßWMßßi^M T»f Wit tot Curt t* e lll ftft In! Cwrt hm Mil I > «c I* OB wjo/wtm r»~|w« w> »o* on wna/wna urc ml
      1,711 words
    • Advertisement
      Page 40 Advertisements Column 2
      1289 40 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUNO PRI PtN IOH SW MKC MO TAI *£C YO* THY I NAG I *06 OS* I MO) j I WAN HAI 206/N037 02/08" 05/08 06/08 W TOUT 12/08 13/01 15/08 16/08 22/061 23/081 24/06 WAN Ml 211/NO2O 66/66 01/01 10/08 1112/06 16/08 17/08 19/08 21/08
      1,289 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      707 41 iuivoj ijg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 14/8 ROTTERDAM 13/8 AARHUS/COPENHAGEN 14/8 HAMBURG/BREMEN 14/8 MARSEILLE/FRANCE 1678 FELIXSTOWE/UK 15/8 BARCELONA/SPAIN 15/8 lEHAVRE/FRANCE 17/8 GENOA/ITALY 1578 ANTWERP/BELGIUM 15/8 LOS ANGELES/WC/IPI 13/8 SYDNEY/MELBOURNE 12/8 NEW YORK/EC 13/8 FREMANTLE/ ADELAIDE 12/8 VANCOUVER
      707 words
    • Advertisement
      Page 41 Advertisements Column 2
      803 41 voy «N jkt I Bfj jbiubhum m m Tin •>*/» I pmwhjm m fh ia/> st n/t BI VESSEL VOY SIN BKK j BHATBA BHUM 42f *§t IV| Tue_ _IS/|_ j KOTA HUUA MULOIS Swn 14/» Two B|j HATHA BHUM 17N Thu In Ft Sun U/» WAN A BHUM S4IS
      803 words
    • Advertisement
      Page 41 Advertisements Column 3
      245 41 MARINE ACENCtS (S) PTE LTD I TEL: *****33 (12 Lin««) I FAX: *****15/*****03 I TELEX: R8 ***** RISHIP (3 Lines) I CR NO.: **********0E 1 *NNI Vot eta Loading Par Abbay Woni 40WB 18/04 M<yT>ba»». Djibouti Abbey Won" 41W8 20/10 Mombasa. Djibouti Asaab. Maaaawa FULLY CONTAPfBBBED BBQULAB UNEB BKB VICE
      245 words
    • Advertisement
      Page 41 Advertisements Column 4
      506 41 fcwfMtMd SslllmMa iBANGKOK/IREM CHABAN6/LMH lt/»(THU) lt/l (THI) 13/1 (SA$ pout nuM/rmm u/« gwu), n/« ff«) HOR6 KOWG !</» (TO). 19/1 (FIB) WttTA 13/1 (SAT) MAMLA/COU/SUMC MY lt/l (TO) ho ch mm ivt (fib) SUUBATA 14/1 (SUM) UM 14/» (SJW) I KCSStI r» n M PK K w k obau> mm
      506 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1533 42 UfIPtJKMTAINER LINES, INC I, ~ffllintir IMQ MUfl SPOftK: (24 L9NEB) |t)v \2Jcmmwmmmm BIBU (064) 31«179 KUCHINQ (062) *****3 I SSni fOI) flow BANGKOK (962) *****67 MANILA (632) *****61 I pmSiabfamxrr JAKARTA- <2i> *****07 SURABAYA: QD *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN 5 SAILWGS/WEEK PEN PK SIN 11/8
      1,533 words
    • Advertisement
      Page 42 Advertisements Column 2
      171 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD it* cu ci* sran ran ul*w pumm aim mk Loading (or Mate RUVN HUDHU loading lot Dubai DOLTMN 2/» »/8 Loading For Malt men SUPKM Saited Loading For Male IMtEDH Sa*d Loading For Mate rtOGKSS LBWIT Loading tor Mate PKHtI EUUNT 19/8
      171 words
    • Advertisement
      Page 42 Advertisements Column 3
      1019 42 O THONG SOON UNES PTE LTD 78 SHENTON WAY #10-01, SWGAPORE 0207 I \yj Vy TEL: 227-50 M FAX: 227-6011 I' TLX: RS ***** CARRO, RS ***** JENHOL CABLE: TOSOCO I 4 rwo»< moo*t ciWM4i SINGAPORE TO SARAWAK S |NGAPORE tcTTHAH-AND YESSEL VOY S'POtE PEST VESSEL XT STWE Sam EQUATOR
      1,019 words
Page thumbnail Page 43
Page thumbnail Page 44
Page thumbnail Page 45
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      403 46 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANQ/SINGAPORE SINGAPORE/PENANG/SINGAPORE VESSEL VOYAGE SX PKL VESSEL VOYAGE SW PEW mm JAYA *****N 09/08 (TUE) 11/08 (THU) MCC CONVEYOR 9433 10/01 (WED) 12/06 (FRI) MCC CONVEYOR 9433 10/06 (WED) 12/06 (FRI) XOW JAYA *****N
      403 words
  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      693 46 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0710 OSOO 0900 1000 1100 12M 1300 1400 1500 IMQ 1700 1100 1900 2000 2100 2200 2300 2 2J 3.1 3.1 2.7 2.1 l.« 0.1 0.5 OJ 0.4 OJ 1.4 22 2J 2.7 2.0 22 16 1.0
      693 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Page 47 Advertisements Column 1
      937 47 ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PM* PRE* PfiD* VESSaS VOT SIH RTM MIT* LEW* HAM RREt FEL 10/ M 12/01 13/08 a CHALLENGER 31 IN 15/08 02/09 04/09 05/09 04/09 04/09 06/09 17/01 19/ M 20/01 H PIONEER 310W 22/08 09/09 11/09 12/09 11/09
      937 words
    • Advertisement
      Page 47 Advertisements Column 2
      463 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL VOT ST n KUC H MU* JUT CHMTWI IRAOa SN ORANGE MOON M kPI <■* l«/»> KEBHUN II IS/I 11/1 12/» COStHC LEADER 14/1 11/S OUTBOUND VESSELS SP IAKARTA/SUKABAYA/UJVNC PADANC 18/8 MV Cosmic Cktllcager VS4 SP DUMAI 28/8
      463 words
    • Advertisement
      Page 47 Advertisements Column 3
      1047 47 I VESSa VOY "sii eta/d "lax oak Icw I pal bem/col hou 'ntc nor I GEORGE WASWNGTON BRCGE 80A 11/01 21/01 30/01 31/ M 01/08 01/09 02/W 02/09 03/09 I ALLIGATOR PRBE 53A IS/0S 04/09 06/09 07/09 08/09 01/09 00/09 00/09 10/00 I HMY HUDSON BRCGE 77A 25/01 11/09 13/09
      1,047 words
Page thumbnail Page 48