The Business Times, 14 September 1994

Total Pages: 50
1 50 The Business Times
  • 13 1 SINGAPORE BusinessTimes MITA(P) 010/12/93 Wednesday September 14 1994 WE KSOW ASIA 75 c
    13 words
  • 2am LATEST
    • 64 1 Reuter NEW YORK Bear Stearns Cos Inc's chief economist Wayne Angell reportedly said that the Federal Reserve will have to put the US economy through another recession in order to "correct" current economic problems. Speaking on a conference call with Bear Stearns clients, Mr
      Reuter  -  64 words
    • 37 1 Bloomberg NEW YORK American Express Co tops a list of six issuers expected to sell at least US$2.3 billion (553.4 billion) of corporate debt in coming days, according to MCM Corporate Watch. Bloomberg
      Bloomberg  -  37 words
  • 160 1 Stock market indices Tuesday Change STII 2,299.66 +19.27 KLSEComp 1,169.11 +0.06 Nikkei 20,046.11 +128.83 Hang Seng 9,937.01 +46.64 SET Index 1,507.73 +17.32 Jakarta Comp 515.70 -5.54 CLSA China B 1,234.08 -9.40 Aust All Ord 2,043.6 +10.7 FTSE100 3,121.4 -7.4 Tuesday Previous 2pm close Dow Jones 3,870.10 3,860.34 Average
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  • 501 1  -  By Quak Hiang Whai SINGAPORE The seven new international members of the Stock Exchange of Singapore are thriving, with at least two having already recouped the cost of becoming members more than a year ago. This was thanks to huge capital inflows
    501 words
  • 368 1 Reuter Bloomberg Business News WASHINGTON Consumer prices rose moderately for the third straight month in August, but US economists said the 0.3 per cent increase failed to soothe investors worried about creeping inflation. The US Labour Department said yesterday that the
    Reuter; Bloomberg Business News  -  368 words
  • 66 1 Reuter NEW YORK Stock prices rose at mid-session yesterday, buoyed by good news on inflation at the consumer level. At Ipm EDT, in the broader market, advancing issues beat out declines 5-4 on volume of more than 176 million shares on the New York Stock
    Reuter  -  66 words
  • 113 1 SINGAPORE Stock prices around the region rose yesterday as investors shrugged off US interest rate fears, but traders are uncertain whether the firmness will continue today In Singapore, a technical rally drove the Straits Times Industrials Index to within a hair's breadth of
    113 words
  • 419 1  -  By Ramesh Divyanathan SINGAPORE Lawyers' fees in England are too high and should be capped, the visiting Lord Chief Justice of England said yesterday. The Right Honourable Lord Taylor of Gosforth, the Number Two man in the English judiciary, added
    419 words
  • 398 1  -  From Chuang Peck Ming in CANBERRA SINGAPORE would be happy if the Asia-Pacific Economic Cooperation (Apec) forum could come to an agreement to start cutting tariffs in 1998, Prime Minister Goh Chok Tong said yesterday. His Australian counterpart, Paul
    Reuter  -  398 words
  • 393 1 CANBERRA The leaders of Singapore and Australia yesterday agreed to set up a joint fund of As 2 million (552.2 million) to kick-start economic cooperation between their countries' private sectors in third countries. Prime Minister Goh Chok Tong, who proposed the fund
    393 words
  • Page 1 Advertisements
    • 204 1 &^f^Do^latri3^intereß J^^f^^tteringSyste^l CONTENTS S pore News 2 S'pore-M'sia 19.20 Regional News 3-7 Financial 23.24 World News 8.9,10 FtstMfM Mirtots Analyss 17 Oob/RLSt. S£S »30 Editorial 16 Regional -26 Sports 12.13 World 27 TV/Lrtestyte 15 Currencies 24 Law 11 Swiex/Commo .24.25 Subscript!*! Tel 1800-*****77 Fax *****75 iT Newtdesk Tel *****18 Fax
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    • 10 1 Regional Analysis: Pg n Russian Far East awaits the riches
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    • 23 1 Hock Lock Siew: Pg 19 Politics and Ban Hin Lee Jardine likely to be first to benefit from new SES move, Pg 19
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    • 16 1 US trade deficit hits 6'/i-year high of USs37b in 2nd quarter PglB Regional markets, Pg 26-30
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    • 102 1 Line: Pg is Japan scores in trade war Dauphin "Sitzkuitur". A company's strength lies in the Backbone of its staff. The BL 1939 provides perfect the economic success of a company. postural support for both the tall FOR PEOPLE WITH BACKBONE. mn6 not-»o-tmU. Thanks to Point Dauphin (S.E.A.) PTE LTD.,
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 327 2  -  By R Sivanithy OPTIONS trading on the Stock Exchange of Singapore in August amounted to 144 contracts worth just $18,000 the second lowest turnover figure this year. It is a sure sign this segment of the market will soon disappear because of the lack
        Source: SES  -  327 words
    • 473 2  -  By Genevieve Cua THE consortium led by the Keppel group and Singapore Press Holdings would invest nearly SI million in the groundwork for its bid to operate Singapore's second cellular phone and paging network, officials of partner Cable and Wireless group said
      473 words
    • 220 2 THE AIR in Singapore on Monday was unhealthy and that's official. The Environment Ministry said yesterday the Pollutant Standard Index, which monitors pollution, was in the "unhealthy range of 101 to 199" at 4 pm Monday for the first time. The
      Photo by Chris Loh  -  220 words
    • 352 2  -  By Juliette Walker SILKROUTE Ventures, a commercial spin-off of research done by the National Computer Board, announced a service yesterday to link Asian companies to the global information highway known as Internet. "Asia Online" will act as a multimedia publishing service giving Asian
      352 words
    • 204 2 A NATIONWIDE service quality benchmark and an accompanying incentive scheme are in the offing for the retail industry. The proposal is the result of this year's Productivity Campaign round-table talks, which indicated a need to standardise the criteria and assessment of service quality in
      204 words
    • 224 2 LISTED Cycle Carriage (CCL) has started a soft launch of its MeraLodge condominium project with prices pegged at between $584 per sq ft and $706 per sq ft. But in a statement issued yesterday, CCL did not say what the response
      224 words
  • Page 2 Advertisements
    • 224 2 Epson Makes Business A Pleasure. EPSON GIobaITRONICS '94 Asia's largest electronics manufacturing exhibition and conference I 1 j? Over 1,400 Exhibitors from Technical Conferences and /h ißk 30 countries Workshops f- tiBFS discover new-to-market technologies. keep pace with technology devetop''■buy/trade products, appoint new ment in the global electronics market! Wf
      224 words

  • SOUTH-EAST ASIA
    • 388 3  -  Reports by Kevin Sullivan SIJGAPORE Asean's expaiding role in promoting regirnal cooperation is already mking a practical contribution to prosperity and security in Asa, Foreign Affairs Minister Siayakumar told an international conference here yesterd*r. Professor Jayakumar noted thit the 27th Asean
      388 words
    • 267 3 AP Bernama BANGKOK British Foreign Secretary Douglas Hurd said yesterday that his nation wants to broaden its economic scope outside Europe and is giving high priority to expanding business with Thailand. "You in Thailand are thriving like never before," Mr Hurd said in a
      AP; Bernama; AFP  -  267 words
    • 111 3 Bernama KUALA LUMPUR Malaysia's Index for Industrial Production (IIP) for the first seven months of this year rose by 11.3 per cent to 180.4 when compared with the same period of last year, the Statistics Department said yesterday. The lIP is a measure of the rate
      Bernama  -  111 words
    • 98 3 Reuter JAKARTA Malaysian Prime Minister Mahathir Mohamad is due to meet Indonesia's President Suharto in Jakarta on Friday for talks likely to cover a simmering dispute over two small islands off Borneo, diplomats said yesterday. Dr Mahathir is also expected to meet Indonesia's Foreign
      Reuter  -  98 words
    • 88 3 Reuter MEDAN, Indonesia The leader of Indonesia's biggest independent labour union will face trial in Medan next week on charges of inciting workers to riot in the north Sumatran town last April, an official said yesterday. The trial of Pakpahan, an outspoken lawyer
      Reuter  -  88 words
    • 453 3 SINGAPORE The head of a Malaysian think-tank yesterday called for a more dynamic Asean approach to the promotion of East Asian co-operation and a determined Asean effort to make Apec work to its advantage. Dr Noordin Sopiee. direc-tor-general of the Institute of
      453 words
    • 294 3 AFP JAKARTA Indonesia will reduce the number of logging concessions and tighten regulations to sustain its tropical forests, the Jakarta Post reported yesterday. The paper quoted Forestry Minister Djamaludin Suryohadikusumo as saying that the government would introduce a new forest management system
      AFP  -  294 words
  • Page 3 Advertisements
    • 106 3 iM Miii iiii fi jC > M^^Al^^^TCkflP//' Fly I from Northwest Airlines, and 1 iS| 4 you'll be able to lay back and enjoy more personal space M than ever before. In a seat X I that has a 50% increase 1 legroom and recline, giving you a few?/ of
      106 words

  • CHINA/HONGKONG/TAIWAN
    • 486 4 AFP AP BEIJING Foreign Minister Qian Qichcn yesterday said President Jiang Zemin's 10-day tour of Russia, Ukraine and France constituted a "breakthrough" in China's relations with Europe. Mr Qian, who accompanicd Mr Jiang on the trip, told journalists during the flight
      AFP; AP  -  486 words
    • 243 4 AFP PARIS China could still invade Taiwan, but only if the small nationalist island proclaimed its independence or was invaded by a third power, Chinese Foreign Minister Qian Qichcn said here on Monday. Beijing "has not abandoned the option of force" said Mr
      AFP  -  243 words
    • 236 4 AFP BEIJING Beijing's wealiiest businessmen will from nis weekend be able to relax inihe bed of China's former empess dowager at an exclusive dub housed in one of her palaial retreats. The Beijing Royal Intenational Gub is to open on Friday in
      AFP  -  236 words
    • 404 5 AFP BEIJING China's foreign trade volume registered a surplus in the first eight months of the year after languishing in the red for more than a year, with exports outstripping imports by US$lOO million (SSI49 million), a report said yesterday.
      AFP  -  404 words
    • 262 5 AFP BEIJING China yesterday welcomed the Olympic Council of Asia's decision to bar foreign political figures from the Asian Games, and implicitly warned Taiwan President Lee Teng-hui against defying the edict. "We think it's a wise decision by the Olympic Committee of
      AFP  -  262 words
    • 365 5 Reuter DALIAN Many people hinted at nepotism when Bo Xilai, son of one of the Communist Party's leading lights, became mayor of one of China's most important cities. The mayor of Dalian said he actually has to
      Reuter  -  365 words
    • CHINAWATCH
      • 106 5 Bloomberg Business News HONGKONG Britain and China will hold talks about issues connected to the transition of Hongkong to Chinese rule through a meeting of the Sino-British Joint Liaison Group next week. In a statement, the British Senior Representative of the JLG said that the talks,
        Bloomberg Business News  -  106 words
      • 112 5 Bloomberg Business News BEIJING China's citizens deposited 396.2 billion yuan (5569.98 billion) in the first eight months of the year, a 27 per cent increase compared to the same period a year ago, the China Business Times reported. The paper attributed the rise in savings to
        Bloomberg Business News  -  112 words
      • 100 5 HONGKONG Despite ambitious plans to nearly double the rate of highway construction in the years leading up to 2000, China will not have an efficient road system until at least 2020, the South China Morning Post reported yesterday. Ministry of Communications chief engineer Yang Shengfu
        100 words
      • 102 5 Bernama-Xinhua BEIJING The private sector in Beijing has been growing fast thanks to the encouragement and support from the municipal government. By the end of June this year, the city had a total of more than 246,000 individual household commercial and industrial businesses, up 5 per
        Bernama-Xinhua  -  102 words
    • 274 5 AFP BEIJING China's parliament must make greater efforts to pass and enforce economic legislation to ensure a smooth transition to a market-oriented system, a senior official was quoted yesterday as saying. National People's Congress (NPC) standing committee vice-chairman Tian Jiyun said on Monday that
      AFP  -  274 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 167 5 ■pv —liny ~m————F^—— tE&fjfcfr" v -'^Hr I I f For communications systems solutions, talk to your local partner. Throughout Singapore, we are helping to For example, together with Singapore Telecom, link, SEAMEWE 2, an 18,000 km undersea provide an advanced range of communica- we are providing an international intelligent fiber
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  • REST OF ASIA
    • ASIANOTES
      • 104 6 AFP SEOUL South Korea's economic boom will continue next year, but its growth rate will be considerably lower than this year, a government think-tank predicted yesterday. The state-financed Korea Institute for Industrial Economics and Trade (Kiet) said that gross national product (GNP)
        AFP  -  104 words
      • 67 6 Reuter TOKYO Japan indicated yesterday it would review its stance in a satellite dispute with China once it has received official notice that China will reposition its satellite. The move signals that a row between the two countries may be close to an end after
        Reuter  -  67 words
      • 88 6 AFP SEOUL The United States yesterday urged South Korea to lower tariffs on imported cars and buy them for official use to improve a negative perception held by consumers here, officials said. Washington has blamed slow sales of American cars in South
        AFP  -  88 words
      • 61 6 AFP DHAKA Bangladesh has approved in principle a proposal for reforming the state-owned power sector which will require a 100 billion taka (553.7 billion) investment by 2000, officials said yesterday. Prime Minister Khaleda Zia's government has taken a number of steps to privatise sectors
        AFP  -  61 words
    • 195 6 Reuter TOKYO A key panel of Japan's ruling coalition in charge of drafting tax reform proposals is considering calling for a rise in the consumption tax rate to 5 per cent from 3 per cent, a coalition official said. There is
      Reuter  -  195 words
    • 400 6 Reuter TOKYO Partial agreements in the US-Japan framework talks are now possible, a Japanese government official told reporters yesterday. The official said the US did not previously want to allow partial agreements, demanding that the whole package be decided, but now agrees
      Reuter  -  400 words
    • 269 6 Reuter TOKYO Japan will continue to try to open up its markets to foreigners and attract more overseas investment. Prime Minister Tomiichi Murayama said. "Further promoting foreign investment in Japan will benefit Japanese customers as well as contribute to minimising price gaps created
      Reuter  -  269 words
    • 71 6 AFP TOKYO Members of the Asian Citizens' Network staging a demonstration opposing Japan's drive to secure a permanent seat on the UN Security Council, in front of the prime minister's official residence yesterday. The move follows a decision by Japan's current ruling coalition, led
      AFP  -  71 words
    • 375 6 Reuter AFP TOKYO North Korea and the US completed four days of expert-level talks on setting up liaison offices in each other's capital yesterday, saying the sessions were held in a "serious and cooperative atmosphere". Pyongyang's Korean Central News Agency (KCNA),
      Reuter; AFP  -  375 words
    • 476 7 AFP NEW DELHI India's central bank has asked for a free hand to tailor monetaiy policy with price control as its overriding objective, saying it wanted to reduce inflation by four percentage points in the current year. The Reserve Bank of India
      AFP  -  476 words
    • 290 7 AFP SYDNEY Australian Foreign minister Gareth Evans yesterday declared himself a candidate for prime minister in the post-Paul Keating era after being promised a safe Lower House seat for the next election. But Mr Evans said he considered himself only one of
      AFP  -  290 words
    • 435 7 Reuter BOMBAY India's top 25 companies are expected to post an average 65 per cent rise in first-half net profit as they benefit from a reviving economy, but growth in sales is unlikely to be as impressive, share analysts said yesterday. Analysts
      Reuter  -  435 words
  • Page 6 Advertisements
    • 176 6 f»* J *.W iJk. jT f.. v j 3 r >y* ■wJhp-'Ja* x Jwmm 4 At Federal Express we take a highly balanced view of all we do. Which is why we believe A in shipping heavy freight with f the same efficiency and speed as smaller packages. f Simply
      176 words

  • Page 7 Advertisements
    • 304 7 SYDNEY CBD PROPERTY FOR SALE Modern building constructed to high specifications High depreciation allowance Office accommodation net lettable area 4,764 m 2 16 basement carparking bays Office and penthouses enjoy these spectacular views Registrations of interest close at 4pm 13th October 1994 Further details IbidllllllißßlMllß Macquarie Property Services Pty Limited
      304 words

  • THE WORLD
    • 550 8 Quebec separatist victory Reuter MONTREAL Quebec's separatist Parti Quebecois swept to victory in a provincial election on Monday, reopening a decades-old separation debate and throwing Canada into uncertainty over its future as a united country. Final, unofficial results showed the Parti Quebecois
      Reuter  -  550 words
    • 259 8 AFP QUEBEC CITY Jacques Parizeau, leader of the Parti Quebecois which won Monday's provincial general election, has devoted his entire political career to creating an independent French-language state of Quebec. Mr Parizeau, who will form the next government and be the province's premier, is 64
      AFP  -  259 words
    • 430 9 Bloomberg Business News WASHINGTON Hoping to test the strength of Nafta's side accord on labour, two US unions testified on Monday about anti-labour activities in Mexico and asked federal regulators to endorse and publicise their complaints. The testimony from the Teamsters
      Bloomberg Business News  -  430 words
    • 205 9 AP PARIS President Francois Mitterrand has come out against a two-speed Europe with a hard core of five or six countries predominating. The president also cautioned against a Europe that expanded too rapidly, saying nations could be inadvertently crushed in the stampede. "The
      AP  -  205 words
    • 419 9 IHT PARIS The OECD has become deadlocked over the choice of a secretary-general and may find it impossible to choose one before Sep 30. when the incumbent's term expires, Western diplomats said on Monday. Ambassadors representing the 25 member
      IHT  -  419 words
    • 456 10 Bloomberg Business News Reuter CHICAGO As the US stock market appears to have stumbled recently, some analysts remain optimistic, but others expect a major decline and even voice concern over market similarities to pre-crash conditions in 1987. "I think the correction
      Bloomberg Business News; Reuter  -  456 words
    • 207 10 Bloomberg Business News BASLE Hans Tietmeyer, Bundesbank president and chairman of the Group of 10 central bankers said the group believes derivatives haven't posed a risk to the stability of the financial system. The group said it believes experience has shown derivatives "have not
      Bloomberg Business News  -  207 words
    • 452 10 Bloomberg Business News NEW YORK Foreign investors are creeping back into Hongkong. Peter Robson, a director at John Govett Co in London, has raised his stake in Hongkong stocks from less than 9 per cent of his US$2 billion (Ss3 billion) Asia Pacific fund
      Bloomberg Business News  -  452 words
    • 372 10 Reuter CAMBRIDGE, England Politicians and fraud police said on Monday the international community may soon have to consider sanctions against countries which refuse to crack down on money-laun-dering and other forms of financial crime. They made the comments at an international symposium on
      Reuter  -  372 words
    • WORLDWATCH
      • 59 10 AFP WASHINGTON US President Bill Clinton greeting some of the youths gathered at the White House yesterday to be sworn into AmeriCorps, his national service programme. AmeriCorps, approved by the US Congress a year ago, gives Americans the chance to earn tuition or work off college
        AFP  -  59 words
      • 109 10 Bloomberg Business News LONDON The Confederation of British Industry estimates the government's decision to raise its minimum lending rate to 5.75 per cent will cost companies an annual £250 million (SSSB2 million), the Daily Telegraph said. While companies had expected a rate increase before the
        Bloomberg Business News  -  109 words
      • 130 10 Reuter WASHINGTON Saudi Arabia, anticipating a rise in world oil demand and firmer prices, is considering paying cash for its total 1995 US arms bill rather than having to once again borrow to tackle a cash crunch, Arab and US experts familiar
        Reuter  -  130 words
      • 92 10 Reuter WASHINGTON The World Bank said it plans to make more use of its investment guarantee authority to promote private capital flows to developing nations. The Bank said in a statement that developing countries are increasingly looking to attract private capital to fund projects,
        Reuter  -  92 words
      • 95 10 Reuter WASHINGTON Catalina Villalpando, whose signature as US Treasurer once appeared on every dollar bill, was sentenced yesterday to four months in prison for conspiracy, tax evasion and obstructing justice. Villalpando admitted that she underreported her taxable income in 1989 by about U*****,000, cheating
        Reuter  -  95 words
  • Page 8 Advertisements
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    • 103 8 i r- This announcement appears as a matter of record only 1 *-4L -v V T >v« J P I SufwtSowt HOLDINGS LIMITED g SUPERBOWL HOLDINGS LIMITED (Incoiporated in the Republic of Singapore on 3 May 1994) Invitation in respect of 50,000,000 ordinary shares of $0.15 each comprising 42,000,000 New
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  • Page 9 Advertisements
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  • WORLD FOCUS
    • 1057 11 Post-recession Germany FT LONDON Recession's fleeting but brutal invasion of west Germany swept away corporate profits and jobs on a dramatic scale. The engineering industry alone last year lost 7 billion deutschemark (SS6.B billion) 3,500 deutschemark for every employee. More than a third of the
      FT; Source: FT  -  1,057 words
  • Page 11 Advertisements
    • 136 11 Golden Tradition, automatic movement with the unique Universal Geneve "microtor ay stem", 18K Solid Gold case and Sapphire crystal-clear bock cover. IBeauty which goes heyond the face alone. The Golden Tradition from Universal Geneve. Clear Sapphire crystal hacking. Solid Gold case. Exquisitely complemented hy an impeccably crafted Swiss mechanism. Perpetuating
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  • SPORTS
    • 463 12 Golf AFP GAINESVILLE, Virginia Nick Price and Greg Norman, the PGA Tour's top money winners, lead a powerful international team of golfers against their US counterparts here this week in the inaugural Presidents Cup. "It will be kind of like a second world war,"
      AFP  -  463 words
    • 37 12 Reuter PHILADELPHIA Philadelphia Eagles' running back James Joseph getting by Chicago Bears' Dante Jones (left) and Carl Simpson (right) for a six-yard run during the first quarter action in Philadelphia on Monday. Reuter
      Reuter  -  37 words
    • 557 12 AP EVERYONE wants pre-season predictions, no matter how meaningless. And meaningless they are, because they still have to play the game. So after two weeks of the NFL season: So much for the savants who made the Raiders a consensus choice to represent the
      AP  -  557 words
    • SPORTSSHORTS
      • 124 12 AFP WASHINGTON NFL owners were ordered to pay players a record US$3O million (Ss4s million) in back salary on Monday as a result of forcing players to miss a game when they returned from a 1987 strike. The award is the largest backpay award in the history of
        AFP  -  124 words
      • Article, Illustration
        290 12 PALM BEACH GARDENS, Florida Nick Price of Zimbabwe, winner of two of golfs four major titles in 1994, clinched his second consecutive PGA Player of the Year award. US Tour officials announced on Monday. Price, winner of the British Open and PGA Championship, picked up his seventh title of
        290 words
      • Article, Illustration
        120 12 AP CAPE TOWN, South Africa Hosting the 2004 Olympics would give South Africa a unique chance to spur development and raise its profile, the head of the US Olympic Committee said on Monday. Leroy Walker wrapped up a brief visit by telling members of Parliament he supported South Africa's
        AP  -  120 words
      • Article, Illustration
        156 12 AFP BARCELONA Jansher Khan is poised to continue his relentless march into the squash history books here this week when he bids to win the World Open for the sixth time. The 25-year-old Pakistani is the runaway favourite to retain a title he first won when he was barely
        AFP  -  156 words
      • Article, Illustration
        125 12 AP MELBOURNE Australian Open officials are confident that US Open tennis chamDion Andre Agassi will make his first appearance in their event next January. Tournament director Paul McNamee said preliminary negotiations with the flamboyant American had been very promising. "But you have to wait for the actual entry before
        AP  -  125 words
      • Article, Illustration
        91 12 AFP SAN DIEGO US sailor John Kostecki caught shifting winds on the final leg here on Sunday to win the first race in the Star Class World Championship regatta. The seven-race series continues through till Friday, with 97 boats from 23 nations competing. The two-man keel ships are among
        AFP  -  91 words
    • 716 13 Review of US Open NYT NEW YORK It seems like* only yesterday, but in truth it was just two weeks ago that things weren't looking so good for the US Open in the eye, image or curb-appeal departments. The defending champion Pete Sampras had a
      NYT; AFP  -  716 words
    • 436 13 Reuter NEW YORK The number of games missed due to the baseball strike passed the 400 mark on Monday as the anticipated announcement that the remainder of the season and World Series would be cancelled drew closer. Acting commissioner Bud Selig is expected to make
      Reuter  -  436 words
  • Page 12 Advertisements
    • 294 12 2 TOP PRIZES: I _ll —l| fofL. -II y /ft B Monte Carlo Formula I Grand Prix for two. I W H/M H Fly France to exhilarating U I rnft II H |H ride from Nice to Monte Carlo on Air Monaco. The French go on be the a to
      294 words

  • Page 13 Advertisements
    • 97 13 MAGNIFICENT JEWELLERY EXHIBITION IOCfV WM Magnificent Diamond Bracelet. Harry Winston, Estimate USSSOO-600.000 An Important Fancy Blue Diamond. 20.17 carats. Estimate on Request l On view, will be Highlights from the Magnificent Jewellery Auction to be held in New York on 17th 18th October, 1994 Singapore Exhibition Dates: Thurs. 15th Fri.
      97 words
    • 457 13 For more than a century and a half, Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      457 words

  • Page 14 Advertisements
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  • LIFESTYLE
    • 459 15 Reuter BEFORE the Rain by Macedonian director Milcho Manchevski and "Vive L'amour" by Taiwan's Ts'ai Ming-Liang shared the Golden Lion best film award at the Venice Film Festival on Monday. American Oliver Stone, whose "Natural Born Killers" had been tipped to win
      Reuter; AFP  -  459 words
    • 555 15 AP IN terms of quantity. New Zealand ranks near the bottom of the 45 countries represented at the Toronto International Film Festival, just two movies out of a total of 296. But in more important ways. New Zealand may be the envy
      AP  -  555 words
    • Article, Illustration
      298 15 CHATTERBOX Reuter UPI Reuter ACTOR Tom Ewell, best known for appearing in a classic scene from the 1955 film The Seven Year Itch in which a blast of air blew Marilyn Monroe's skirt up, died on Monday. He was 85. Ewell, a comic actor who made his
      Reuter; UPI  -  298 words
    • 521 15  -  John Follain on the rival claims by a hamlet and a town to be producers of this famed French cheese John Follain Reuter Marie harel must be turning in her grave. In deepest Normandy, the legacy of the women who created Camembert cheese two centuries
      Reuter  -  521 words
  • Page 15 Miscellaneous
    • 1149 15 I TV RADIO IM F J 7 jIP Lover Com* Back, 10pm, 9|l l In comedy Doris Day and Rock Hudson executives will stop at nothing to secure the account of a product. Spar- J \y>, kling performances and a y ffll 1 bright, silly script translate HHt great Joe
      1,149 words

  • 523 16 *DITO«AL WHEN the then Indian prime minister Indira Gandhi visited Singapore 28 years ago, it would have been unthinkable that she be accompanied by a high-powered business delegation. She would also probably have had little time to meet Singapore businessmen, and have little to say to them,
    523 words
  • WHAT THE OTHERS SAY
    • 228 16 INDIAN Prime Minister PV Narasimha Rao's visit last week took Singapore-India relations a stage further, focusing on issues that might be examined and clarified by January when Prime Minister Goh Chok Tong visits India again. Three meetings within a year speak of the quickening pace
      228 words
    • 148 16 THE RECENT SEMINAR on the role of mosques highlighted the need for mosques here to fulfill growing demands of Muslims and challenges of the 21st century. There was a consensus that mosques should not be seen merely as places of worship, but rather nodal points
      148 words
    • 146 16 ENVIRONMENTAL PROTECTION issues must be resolved through consultation to avoid conflicts and to realise the objective of common or majority advantage. If environmental protection groups view themselves as pressure groups, then antagonism might arise and lead to more problems instead. Furthermore, environmental protection issues are usually
      146 words
    • 202 16 HUMAN NATURE being what it is, we should not be surprised at the renewed howls of outrage from certain quarters over the news that the territory's 130,000 Filipino domestic workers are to be given weekend social centres where they can congregate and enjoy their leisure
      202 words
    • 152 16 IF THE government thinks it has done enough to control spiralling property prices, it should think again. A public opinion poll shows the majority of Hongkong residents feel that Governor Chris Patten and his lieutenants have done a poor job. Respondents give the government a 4.3 rating
      152 words
    • 109 16 IT IS rather disconcerting that while Malaysia's economic growth is among the highest in the world, the nation is still lurking far behind when it comes to caring. The dichotomy will become even more apparent as the country goes on an exhaustive drive for development, as urban
      109 words
  • 855 16  -  Lots of fingers are being pointed at the Tories for the sorry state Britain finds itselt v in today. Neville Stack discusses how the party is taking it. Neville Stack The writer is a political commentator based in London. He writes regularly for BT. Aware of the
    855 words
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • 102 16 IN A Fecj SCOLDS o pT>| I C&N"T muCH I SWRU-PVJT DOUtf V^LLT 1 V Cai/*js or-iuts... fepJ oPeNws M rf= c *ND HUB-L. y II WNittf ou-t Cfi-VIMG rff|C 1 *1 I /Q 5^ Fpfiitoej- CRU€LUJO&JS' POONESBURY GARRY TRUDEAU UHENI THINK ABOUT PUTTING OH, DEAR.. AUNT# GRAM. CHI WREN
      102 words

  • REGIONAL ANALYSIS
    • 1678 17  -  Asian business in the Russian Far East JOHN HELMER JOHN HELMER The writer is Bl's Moscow Correspondent ASK Koichi Ikeura what he thinks of the prospects of Japanese investment in the Russian Far East, and his reply would be a string of expletives, if moving
      1,678 words
    • 1223 17  -  ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo Correspondent IT began with the sale of sec-ond-hand Japanese cars in Vladivostok and Khabarovsk and the supply of certain basic foodstuffs by Japan to the Russian Far East. More recently, economic relations between Japan and
      1,223 words
  • Page 17 Advertisements
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      478 words

  • 454 18 Reuter AP AFP WASHINGTON The US foreign trade gap widened during the second quarter of this year to US$37 billion (Ssss billion), the biggest shortfall in 6-1/2 years, the Commerce Department said yesterday. The second-quarter current account deficit rose sharply
    Reuter; AP; AFP  -  454 words
  • 360 18 AFP Reuter CAIRO After nine days of emotional debate on the rights and wrongs of abortion, sex and family life, the UN population conference in Cairo set goals on Tuesday for slowing world population growth over the
    AFP; Reuter  -  360 words
  • 252 18  -  By Peter Osborne SINGAPORE has developed the idea of cross-national zones to a stage which points to how countries can organise their economic and administrative affairs in the next century, says an Australian academic. Stephen Fitzgerald, chairman of the Asia-Australia Institute, said in an
    252 words
  • 224 18 Reuter PHNOM PENH An Indonesian company will carry out a US$l5 million (5522.3 million) refurbishment of Cambodia's UN-installed telephone network, a senior adviser to the government said yesterday. The Indosat company will install at least 10.000 telephone lines as part of the
    Reuter  -  224 words
  • 41 18 Reuter LONDON Salesroom attendants Will Stone and Dominic Hamilton join tube travellers with a London Lnderground sign yesterday. The pair were publishing the largest ever auction of Ixmdon I ndtTjjround Mgns to be held on November 30. Reuter
    Reuter  -  41 words
  • 442 18  -  By Vikram Khanna SINGAPORE Companies willing to invest in rural India could reap huge "early-riser advantages", an executive of food and drinks giant Pepsico said yesterday. Ramesh Vangal, Asia-Pa-cific president of Pepsico Foods International, said that although an investment might take
    442 words
  • 213 18 Reuter LISBON Portugal and China signed an agreement on Tuesday setting up Air Macau, which will fly regional services from the territory when its airport opens in 1995, the stateowned airline TAP-Air Portugal said. TAP said in a statement that Air Macau would
    Reuter  -  213 words
  • 639 18  -  The Bottom Line REGINALD DALE REGINALD DALE The nriter is a columnist with the International Herald Tribune, where this commentary first appeared. AT LAST there is some good news from the front in the US-Japanese trade war. Japan is winning. President
    639 words
  • 402 18 Reuter PARIS The French government will sell a stake of around 28 per cent in the Renault car company while Sweden's AB Volvo is to sell another 8 per cent, French Industry Minister Gerard Longuet said yesterday. But he gave no
    Reuter  -  402 words
  • 549 18 Bloomberg Business News WASHINGTON A growing group of Americans is discovering the dream of home ownership is just that, an unaffordable dream rather than a reality, a Census Bureau report said on Monday. "The 1990 census recorded a drop in the homeownership
    Bloomberg Business News  -  549 words
  • Page 18 Advertisements

  • COMPANIES & MARKETS
    • 423 19  -  By < Catherine Ong THE Jardine group of companies is expected to be first to benefit from a move by the Stock Exchange of Singapore to open trading facilities to approved foreign brokers, industry sources say. The Hongkong-based sales director
      423 words
    • 343 19  -  By Claire Leow SINGAPORE Rubber key pad maker San Teh yesterday announced new investments in China, ranging from hotels and construction to the production of electronic components. San Teh expects the new businesses to contribute 10-15 per cent of total revenue in 1995, rising to
      343 words
    • 254 19 SINGAPORE Leisure operator Superßowl Holdings' initial public offering of 50 million shares has scored a strike with investors with a 2.2 times subscription rate. The strike price for the tender portion of 15 million million shares was 91 cents a share, while the fixed price
      254 words
    • 1028 19  -  HOCK LOCK SIEW By Ho Kay Tat KUALA UUMPUR When Quek Leng Chan paid a whopping Msl.l billion (SS63B million) in cash to Khoo Kay Peng for MUI Bank and MUI Finance, many felt he had gone overboard
      1,028 words
    • 252 19 SINGAPORE Metro Holdings is selling its 60 per cent stake in Toys 'R' Us Malaysia to Toys R' Us Singapore. The deal involves 2.4 million ordinary shares of MS I each, which Metro will sell for US$l million. This will
      252 words
    • 214 19 SINGAPORE A depressed dry bulk freight market, the fall of the US dollar and downtime on account of dry docking and repairs have led to lower interim earnings at Pacific Carriers Ltd. For the half year to June 30, the listed shipping group
      214 words
    • EYE on your STOCKS
      • Article, Illustration
        47 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5 6pm yesterday. Overnight events may alter sentiment Broken polU"d: Alliance. Barings. Daiwa. (JK (Jon. Kay Hian. Morgan Grenfell. Nomura. OngCo. Phillip. Smith Sew Court. H I Carr and SG Warburg.
        47 words
      • Article, Illustration
        134 19  -  -By Quak Hiang Whai IPC Corporation has been testing new lows in the last few months. But the stock seems to have finally found some support at the $1.30 level and a recovery could be in sight. Bullish divergences are now seen in the daily RSI and stochastics
        134 words
    • COMPANIES
      • 435 20  -  From Ho Kay Tat in KUALA LUMPUR DELIVERING on an election campaign promise to curb gambling activities in the state, the Sabah government has told gaming operators to cut the number of outlets by half from Jan 1. The decision, made
        435 words
      • COMPANYBRIEFS
        • 42 20 SINGAPORE Newly listed Axle manufacturer York Pacific yesterday reported interim net earnings of $690,000 on a turnover of $14.4 million. Barring unforeseen circumstances, York expects its second half results to be better. No interim dividend was announced.
          42 words
        • 54 20 SINGAPORE Listed Singapore Technologies Industrial Corp announced yesterday that its subsidiary, Chartered Materials Services Pte Ltd has acquired stakes in two companies a 25 per cent share in Trans-Link Express Pte Ltd on Aug 22, and a 49 per cent stake in Zuellig Insurance Brokers Pte
          54 words
        • 60 20 SINGAPORE Comfort Group Ltd subsidiary said yesterday that its subsidiary Suzhou Taxi Co Ltd will launch its initial fleet of 50 new Santana taxis in Suzhou today. CGL said that depending on market conditions and local demand, its subsidiary intends to increase its current fleet
          60 words
        • 61 20 Bemama KUALA LUMPUR Property-based Kemayan Corporation Bhd has moved into the black with a group pre-tax profit of M 524.77 million (5514.4 million) for the year ended May 31, 1994 as against a pre-tax loss of M 526.86 million previously. A final dividend of 50
          Bemama  -  61 words
      • 249 20 Reuter KUALA LUMPUR Malaysian property developer Larut Consolidated Bhd's proposed acquisition of investment holding company Lambang Wira Sdn Bhd has been approved by the Securities Commission on revised terms. Larut will now acquire Lambang for Msl27 million through a cash payment
        Reuter  -  249 words
      • 314 20 Bernama KUALA LUMPIiR The Kuala Lumpur Stock Exchange lias formed a task force to look lor a benchmark for it to be a world class stock exchange, said general manager Vtohd Salleh Abdul Majid. The task force was established under a development committee which
        Bernama  -  314 words
      • 330 20 Bernama KUALA LUMPUR Beijaya Group Bhd and associate Berjaya Industrial Bhd have obtained the Securities Commission's approval for the rescue plan for Tropical Veneer Company Bhd (TVC). which is in liquidation. A joint statement here yesterday said the SC had also
        Bernama  -  330 words
      • 507 20 UNIT TRUSTS FUNDS Managers' prices <$> Sep 14 Mcndak. t.r Fund I JO I 23xd(a I'S (k Fund 1.0® 1.04** Singapore Unit Trust M 1 lw < tnimciu' I I 71 UlflB mVCJI Iflgl M I he Savings Fund l>l 1.70 Unilund 1.56 1.62 S'pore Prog Fund 0.73 0 78
        507 words
      • 401 21  -  From Lim Soon Neo ALLIED Industries International Ltd, an associated company of the Allied Group Ltd, will spend an estimated £21 million (5548.3 million) to take over a London Stock Ex-change-listed company, Aitken Hume International pic, in which it has a minority stake
        401 words
      • 160 21 Bloomberg Business News HONGKONG Hutchison Telecom, a subsidiary of conglomerate Hutchison Whampoa, said it had signed an agreement to buy telecommunications hardware and software from Germany's Siemens AG. Siemens will provide hardware and software for Hutchison Telecom's planned telecommunications network in Hongkong, said
        Bloomberg Business News  -  160 words
      • 274 21 Bloomberg Business News HONGKONG Department store and real estate group Wing On Co International said its net profit fell 38.1 per cent in the six months ended June 30, due partly to high operating costs and slow growth in the
        Bloomberg Business News  -  274 words
      • COMPANYBRIEFS
        • 79 21 AFP TAIPEI Taiwan's wire and cable giant, Pacific Electric Wire and Cable Co Ltd, has signed a contract with US-based Motorola Inc to jointly set up a satellite telephone company, reports said yesterday. The NT$3 billion (S$ 170 million) joint venture Gateway Operation Corp
          AFP  -  79 words
        • 64 21 Reuter TAIPEI Taiwan approved an application by US-based McDonald's Corp to increase by more than seven-fold the capital of its Taiwan subsidiary by NTS7BO million to NTSBBO million, the Investment Commission said yesterday. "This is the largest single foreign investment in the restaurant industry since
          Reuter  -  64 words
        • 94 21 Bloomberg Business News HONGKONG Hongkong investment company Tomson Pacific said it intended to sell its 99 per cent stake in a southern China brewery and can-making plant as well as some land to Carlsberg A/S for U5533.3 million (Ssso million), subject to adjustment. The
          Bloomberg Business News  -  94 words
        • 41 21 Bernama-Xinhua NEW DELHI India may assist Vietnam in setting up the country's first stock market for mobilising resources for its massive developmental programmes, according to the local English newspaper The Hindustan Times yesterday. Bernama-Xinhua
          Bernama-Xinhua  -  41 words
        • 76 21 Bloomberg Business News HANOI Beta Vietnam Fund said yesterday it had bought US$l million worth of shares in the initial public share offering of New Zealand's Iddison Group Vietnam Ltd. Iddison Group Vietnam, seeking to raise NZ55.62 million (Sss million) in a public offering this
          Bloomberg Business News  -  76 words
      • 286 21 Reuter HONGKONG A privatesector lawyer and stock exchange member, Anthony Neoh, has been appointed chairman of Hongkong's financial industry watchdog, the Securities and Futures Commit sion (SFC) which regulates the stock market, staff members said. Mr Neoh, a local Hongkong Chinese, who takes
        Reuter  -  286 words
      • 160 21 KnightRidder HONGKONG The Hongkong stock exchange will soon amend its rules to make companies reveal more about directors' and senior managers' salaries and benefits, the English-lan-guage South China Morning Post reported yesterday. The paper quoted stock exchange director Paul Phenix as saying
        Knight- Ridder  -  160 words
      • 318 21 Bloomberg Business News TAIPEI Acer Inc the big Taiwan computer maker, which plans to list 20 affiliates between now and the end of the decade, has been dealt its second blow in two months as it tries to get
        Bloomberg Business News  -  318 words
      • 391 22  -  By David Mok SINGAPORE Compaq Computer chief executive Eckhard PfeifTer yesterday played down an alleged rift between it and semiconductor maker Intel. He said he was quoted out of context in a Financial Times report on Monday as accusing Intel of pursuing
        391 words
      • 416 22 Bloomberg Business News MELBOURNE Coles Myer Ltd. Australia's largest retailer, yesterday said net profit in the year ended July 31 rose 3 per cent, on higher earnings from its supermarkets and discount stores. Earnings from Coles specialty stores and its department stores fell.
        Bloomberg Business News  -  416 words
      • 151 22 Reuter NEW YORK American Express Co, which announced plans on Monday to expand its travel management services business by 33 per cent with the acquisition of two Thomas Cook Group Ltd units, said it does not rule out further acquisitions of travel businesses.
        Reuter  -  151 words
      • 387 22 Reuter WELLINGTON Brierley Investments Ltd's forays into LWR Industries Ltd and Ceramco Corp Ltd appear to be more opportunistic than strategic for the time being at least, analysts said yesterday. BIL has been quietly accumulating small chunks of textiles group LWR since late July,
        Reuter  -  387 words
      • 233 22 Reuter MELBOURNE The Commonwealth Bank of Australia has not yet seen factors that would prompt it to raise its variable home and business lending rates, managing director David Murray said yesterday. The bank, 51 per cent owned by the Australian government, earlier
        Reuter  -  233 words
      • 206 22 Bloomberg Business News NEW YORK Time Warner Inc on Monday said its cable unit reached a definitive agreement to add Newhouse Broadcasting Corp's 1.4 million cable television subscribers to its system, narrowing the gap with Telecommunications Inc, the nation's No 1
        Bloomberg Business News  -  206 words
    • FINANCE & COMMODITIES
      • 336 23  -  Republic's position as fund management hub will be strengthened By Soh Tiang Keng SINGAPORE Moves by the Stock Exchange of Singapore to revive the sluggish bond market will strengthen Singapore's position as a fund management centre, bond dealers said yesterday.
        336 words
      • 51 23 Reuter CHICAGO German consul general Gabriele Von Malsen-Tilborch ringing the ceremonial opening bell at the Chicago Mercantile Exchaiige on Monday to start the trading of new mark currency forward contracts. The exchange later said the estimated first day volume of 1,500 exceeded all expectations.
        Reuter  -  51 words
      • 118 23 Bernama KUALA LUMPUR Deputy Finance Minister Mustapa Mohamed yesterday hinted at the possibility of imposing a ceiling on interest charged for credit card spending. Bank Negara is looking into an appropriate ceiling following numerous complaints recently from consumers that the current interest rate
        Bernama  -  118 words
      • 287 23 Bloomberg Business News CINCINNATI Gibson Greetings Inc, stung by mounting losses on derivatives contracts it bought from Bankers Trust New York Corp, sued the bank for US$73 million (S$ 109.5 million). The greetings-card company is one of several major companies that suffered
        Bloomberg Business News  -  287 words
      • 222 23 Bloomberg Business News NEW YORK The derivatives market grew 58.5 per cent last year to US$B.5 trillion (5512.7 trillion), according to the International Swaps Derivatives Association. The industry trade group said the total of new interestrate and currency swaps created in the
        Bloomberg Business News  -  222 words
      • 336 23  -  By Shiv Taneja SINGAPORE Germany's largest mortgage bank, Deutsche Pfandbrief-und Hypo thekenbank (DePfa Bank), can be expected to increasingly tap Asia for long-term funds, said DePfa's managing director Gerhard Bruckermann. And if DePfa Bank continues to look to Asia for funds, it may
        336 words
      • 541 24 MBT KUALA LUMPUR A decline in Malaysia's natural rubber (NR) production has created "excess" processing capacity in the country, thus prompting imports from neighbouring countries. In the first five months of this year, the country's NR imports increased by 96.3
        MBT  -  541 words
      • 256 24 Bernama KUALA LUMPUR The Palm Oil Research Institute of Malaysia (Porim), through its oil palm gene bank, has identified an elite oil palm planting material capable of producing more than 10 tonnes of palm oil per hectare annually, compared with 8.5 tonnes at
        Bernama  -  256 words
      • 362 24 Reuter TOKYO Japanese coffee makers are preparing to hike prices by about 10 to 20 per cent because of the rapid rise in green coffee prices caused by frost and drought in Brazil, industry sources said. "We cannot make
        Reuter  -  362 words
      • 85 24 AFP NEW YORK The dollar was up against major currencies except the yen at the opening of markets yesterday amid active trading triggered by better-than-expected figures on retail prices in August. Gold fell 10 cents at U*****.80 from Monday's close. The dollar was trading early yesterday at 1.5504
        AFP  -  85 words
      • 182 24 Reuter LONDON The dollar followed bond prices higher in midday trading, benefiting from a relatively benign report on US consumer prices. The Labour Department reported a 0.3 per cent rise in the August consumer price index (CPI), slightly below analysts' expectations. Core inflation excluding food and energy
        Reuter  -  182 words
      • 189 24 Bloomberg ENERGY REPORT NEW YORK Crude futures on the New York Mercantile Exchange fell below US$l7 a barrel for the first time in two weeks amid concern that refiners' seasonal maintenance work on equipment is reducing demand for crude. Crude demand is
        189 words
      • Article, Illustration
        1481 24 I rade-Heithted index cakufotnl ogams! S'porf 'i tup 14 trading partners Attn- year IMS USS/SS forward rates Noon Sep 13 s$ Bid Offer 1-month ***** 1 4899 2-month 1.4875 1.4889 3-mooth ***** 1 4883 6-month ***** 1.4858 StmriY OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9 mi m
        1,481 words
    • COMMODITIES & FUTURES
      • 1333 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended lower as market sentiment turned bearish after a Japanese long-term credit bank upped its long-term prime rate on Monday. "The recent bullish tone for Euroyen seems to be over. But future market direction is not
        Reuter  -  1,333 words
      • 689 25 COMMODITY REPORTS KL Tin TIN plunged 22 sen to close at M$ 13.30 a kg as prices fell in London and sellers tried to dispose more stocks. Dealers said the market was down as tin fell US$55 a tonne overnight in London although
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 67 25 TOKYO Pakistan is on track to produce the government's target of 9.S million bales of cotton this year, up from 7.6 million in 1993, said the government-backed Cotton Export Corp of Pakistan. The corporation's general manager said that strong domestic prices earlier this year, arising
          67 words
        • 122 25 TOKYO Premiums for spot deliveries of copper cathode in Asia are rising due to supply concerns. Delays of more than two months in shipments of copper supplies from Zambia to Asia have combined with production problems at smelters in Australia and the Philippines to force
          122 words
        • 66 25 SYDNEY Japanese trading houses sold platinum and palladium sharply lower in both the cash market and in futures trading on the Tokyo Commodity Exchange. The selling was a reaction to the strength of the Japanese yen against the US dollar and to selling in the
          66 words
        • 65 25 SYDNEY Severe shortages of irrigation water and poor soil moisture have forced the Australian government's commodity forecaster to cut by 30 per cent its estimate of 1994-95 (Apr-Mar) cotton production. In its latest crop report released yesterday, the government said it now expects output of 1.29
          65 words
    • 1407 25 Rubber Singapore Commodity Exchange (futures closing as at 5.30pn) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct~94 192.25 189 00 191 00 250 2275 Nov 182.25 181.25 182.25 450 3550 Dec 178.25 178.25 178.50 150 4300 Jan/Mar 95 175.50 175.50 175.50
      1,407 words
    • REGIONAL STOCK MARKETS
      • 1040 26 4-10.7 A BUMPER profit report by the Commonwealth Bank ot Australia combined with bar-gain-hunting lifted the market to a firmer close. The key All Ordinaries Index gained 10.7 points at 2,043.6. The All Industrials Index closed 16.9 firmer at 2,898.8 while the All Resources rose 6.1 to 1,409.5. Turnover
        1,040 words
      • 613 26 +33.93 After a week of slide, share prices rebounded yesterday as bargain-hunters moved in. The PSE Index rose 33.93 points to 2,953.24. Volume was 3.17 billion shares valued at 2.33 billion pesos. A dealer noted that attention had shifted to the commercialindustrial and mining sectors. The high price of
        613 words
      • 680 26 -12.46 Share prices fell 12.46 points to 6,955.02 yesterday in dull trad- ing as bearish sentiments continued. As most investors retreated to the sidelines in a wait-and-see attitude, daily turnover shrank to 1.18 billion shares worth NT556.87 billion. The market opened higher, but started skidding shortly. Buying of financial
        680 words
      • 502 26 -0.32 Share prices edged down yesterday amid a tug-of-war between active buying from participants and a strong intervention to cap soaring prices by the government, dealers said. The Composite Price Index edged down 0.32 to settle at 995.38 points in erratic trading, after hitting a 1,006.79 points at the
        502 words
      • 234 26 -17.29 Stocks declined for the fifth successive day as local interest rates continued rising, traders said. Foresters Fletcher Challenge and Carter Holt Harvey led the index lower. The NZSE-40 Capital Index shed 17.29 points to 2,093.80. New Zealand ?«rTs nz ANZ Banking 4 75 0.05 1900 Uvjnuan HMb
        234 words
      • 92 26 -5.81 Share prices closed mixed on some profit-taking. The 30share BSE Index dipped 5.81 points to settle at 4,622.76. At one stage, the index touched a new peak when it showed 4,628.93, up by 0.36 points from its record of 4,628.57 it set on Monday. "The story hasn't changed
        92 words
    • WORLD STOCK MARKETS
      • 671 26 -7.4 STOCKS closed down but off their lows amid concern higher that British interest rates will reduce corporate profits. But a report of tame growth in US retail inflation in August lifted shares in afternoon trading. The FT-SE 100 Index fell 7.4 points to 3,121.4, its sixth consecutive decline.
        671 words
      • 135 26 +2.57 French shares finished in positive ground after the market shook off its paralysis on publication of the US consumer prices index, which showed a weaker-than-expected rise of 0.3 per cent in August. Just after the US figures, shares see-sawed until short covering closed the CAC-40 Index higher. The
        135 words
      • 184 26 1.34 German stocks rose after a US inflation report allayed fears that US rates are about to rise any time soon. Concerns over an imminent rise by the Federal Reserve would have scotched the chances of any further monetary easing by the Bundesbank. The DAX Index closed at 2,157.14
        184 words
      • 133 26 •9.24 Belgian stocks dropped for the seventh day after increased interest rates threat- ened to dent corporate earnings and made bonds and money on deposit a more attractive investment. The Bel-20 Index fell 9.24 points to 1,438.31, its lowest close since July 22. "The market is weighed down by
        133 words
      • 148 26 -76 Shares shrugging off US CPI data showing 0.3 per cent monthly rise in August, below forecasts of 0.4 per ctjnt. "There was little reaction, we waited all day for the data but it was not good enough to move Italy," a trader said. An inconclusive meeting between the
        148 words
      • 250 26 +0.88 Dutch stocks closed mixed as a benign US inflation report eased concern about rising US rates, lifting European bonds. The EOE Index rose 0.88 point to 412.69, led by gains in Philips Electronics, publisher VNU and food retailer Ahold. Fifteen stocks of the index closed higher, two, were
        250 words
      • 138 26 +4.49 Swedish stocks closed higher amid a report of tame US inflation and optimism that political uncertainty will be eliminated following Sunday's general election. The benchmark OMX Index of 30 top stocks closed 4.49 points higher at 1,131.09. Fifteen shares closed higher, eight unchanged and seven lower. "The main
        138 words
      • 254 26 15.8 Swiss stocks rose as US inflation report quelled concern that US interest rates are about to rise again. The SMI Index of 23 stocks gained 15.8 points to 2,658.8, with 16 stocks rising, two unchanged and five falling. "There was a clear positive reaction to the US figures,"
        254 words
      • 294 26 -33 Shares drifted lower in dull trade yesterday as the market scratched for fresh direction amid concern about prospects for bullion and world equities. Prospects in the short term were unclear, a dealer said, but consolidation at current levels was possible. The Overall Index was 24 points lower at
        294 words
      • 294 26 +4.26 Stocks were mixed with a firm bias early after a strong showing by the defeated Liberals in the Quebec election sparked a Canada dollar rally. US August consumer prices also helped rate-sensitive issues but a fall in precious metals dampened gains. "Banks will be better because the perception
        294 words
      • 706 26 +28.26 The Dow Jones Industrial Average was ahead 28.26 points to 3,888.61 at 11am EDT. The NYSE Composite Index was ahead 1.00 to 258.32, while Standard Poors 500-stock index was up 2.20 to 468.41. Advances topped declines 1,034-658 among the 2,534 issues crossing the NYSE tape. Volume was
        706 words
      • 772 26 Britannia Funds Sterling («sh Bid Orttf Mim Cap Deposit 38 6400 31)6500 Mini Jet*) G* 0 1845 0 IW Mim Hu Income *0 *100 *0 9200 L'S$ nh Income Plus f und *9 5100 ******0 PS Reserve Fund *5. J100 *5 3200 Slerlins taiii(\ Euro Performer tt4592 0 493* Far
        772 words
    • Article, Illustration
      2913 27 Bloomberg Business News HONGKONG Stocks were little changed as investors awaited clues to the outlook for US inflation and interest rates from the latest US Consumer Price Index, to be released later yesterday. "We are waiting for today's CPI number it may move the market substantially if it's out
      Bloomberg Business News; Source: Bridge Info  -  2,913 words
    • Article, Illustration
      505 27 CLSA H SHARES reversed Monday's losses, regaining 44.17 points to 1,606.95 on turnover of HKS3BI million. Bohai Chemical was up 8.7 per cent on volume of HK595.91 million, against Monday's 3.5 per cent slide. Ten of the 11 counters advanced. Only Tsingtao edged downwards, trading 3.4 per cent lower
      CLSA  -  505 words
    • Article, Illustration
      2519 27 Reuter TOKYO Stocks ended higher as index-linked buying by investment trusts coupled with public fund buying in late afternoon boosted prices in thin trade. However, many brokers doubt shares are on a recovery trend after last week's plunge. "Shares may drop tomorrow on position adjustment selling ahead of a
      Reuter; Source: Bridge Info  -  2,519 words
    • Article, Illustration
      1817 27 Reuter BANGKOK Blue chips led a rally in the afternoon which brokers said was a technical rebound supported by sound fundamentals. The SET Index closed 17.32 points higher at 1,507.73 on 7.09 billion baht turnover. Gainers led losers 198 to 90. Thailuxe Enterprises, which debuted yesterday, was among the
      Reuter; Source: Bridge Info  -  1,817 words
    • Article, Illustration
      985 27 Reuter JAKARTA Share prices closed lower in dull trading as investors took profits on a range of stocks. '"There was plenty of profittaking although volumes were fairly thin," one broker said. Astra International, Gudang Garam. Indah Kiat Pulp Paper, Japfa Comfeed, Indofood, Matahari, Tjiwi Kimia and Sampoerna all finished
      Reuter; Source: Bridge Info  -  985 words
    • 2020 28 Lien Hoe TSR97 000 Salens R« S ,gl °°2 Pen Ms,a 5,880.000 Bonava Group 5.569,000 5.005.000 Promct 4,674.000 Bonaya lad 4,569.000 Kyd 50c 4-404.0CJ) Ind Oxygen Wt95 |«".000 Sn Hartama* M56.000 Mulpha Intl 50c Lien Hot JOjj^.OOO Muhi-P Wt 2.897,000 jjpgHhh, *km«i ~l NBT 16.865,600 (iohicn Plus H
      2,020 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5243 28 Bloomberg Business News KUALA LUMPUR Stocks ended mixed, with shares in large companies declining on interest rate concerns and a handful of issues gaining on positive corporate developments. The Composite Index rose 0.06 point to 1,169.11 points. The Emas Index rose 0.83 to
        Bloomberg Business News; Source: Bridge Info  -  5,243 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7886 29 Gf Ct M Wl 1<KU l Vol Day Lnt QwN Di» Di« VM Net Ca# A»g High Lom r-" S<k ("000) High Ln B«>er Seller Cn P/E $«ll Price INDUSTRIAL AND COMMERCIAL 1440 «35 Ac™ '020 33 167 .020 9.5 .000 .020 7 5 47 7 .4 3 703. 993
        7,886 words
      • 1864 30  -  By R Sivanithy SINGAPORE US interest rate worries were yesterday temporarily set aside as investors went bargain hunting, leading to a "technical" rebound in the Straits Times Industrials Index that pushed it to just below the 2,300 mark. Trading opened on a positive note,
        Charts by Bridge Info; Source: Bloomberg  -  1,864 words
  • Page 19 Advertisements
    • 477 19 NEWS VALUE How today 's news might affect your stocks SES membership pays off for seven foreign brokers (pg 1) News likely to attract more foreign participation in the local stock market. SPH-Keppel team to invest $lm in phone bid (pg 2) The winners, if they are listed, likely to
      477 words

  • Page 20 Advertisements
    • 91 20 BEHIND EVERY SUCCESSFUL COMPANY, THERE IS A LEUWICO OFFICE FURNITURE SYSTEM And that is true. Because Leuwico is specially designed to meet every organisation's need of creating their workplace condusively. With height adjustable desk as one of the main features, Leuwico comes in attractive designs to provide a positive and
      91 words
    • 118 20 Titan Automatic Designer Ferdinand A Porsche Manufactured by iWC Schaffhausen Automatic movement. Case in titanium or titanium with 1 8 ct. gold bezel. Sapphire glass. Screw-in crown. Water-resistant to 60 m PORSCHE DESIGN by IWC i PORSCHE DESIGN OUTLETS Asia Watch Centre Pte ltd Tei 440-4208 Cortina Watch Centre Pte
      118 words

  • Page 21 Advertisements
    • 246 21 Wilck It Took Phone Calls, iJ J*** 1994 k aSttk Qua lily Ume is (oundeJ on ike dual m .i&Hr principles of quality ana service oul compromise. So every ,a l e, P erB n The Hour Glass JNfr JM 0 trained to possess (lie skills and W* palience necessary
      246 words


  • Page 23 Advertisements
    • 90 23 MORE THAN BANKERS, BUSINESS PARTNERS ONE SYMBOL THAT'S MADE STANDARD CHARTERED'S CUSTODIAL SERVICES EVEN MORE ATTRACTIVE. ISO 9002. Standard Chartered Equitor Group is symbol is a true measure of the international renowned for its Asian custodial services. So much standards of quality we have achieved. Not to so that it
      90 words

  • Page 24 Advertisements
    • 840 24 B THE FUJI BANK,LIMITED (Incorporated In Japan) Non-Consolidated Balance Sheet Non-Consolidated Statement of Income As at March 31,1994 For year ended March 31,1994 Millions of yen Millions of yen ASSETS 1994 1993~ INCOME 1994 1993 Cash and Due from Banks 8,809,112 8,647,303 Interest Income ,770 82#, rail i nans 241.005
      840 words
    • 49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times. LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577. and ask for home or office delivery service.
      49 words

  • Page 25 Advertisements
    • 76 25 Doing business in VIETNAM, your documentation will not be complete without the Vietnamese translation. TU-HUY TRANSVIET SERVICES provides multi-lingual legal, technical and general translation services. English translators qualified at Level 111 by the Australian National Authority for Translators and Interpreters (NAATI). German and French translations by graduates with over 20
      76 words
    • 27 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I I STRAIGHT TALK •faa*M«kwt CanpMßfeMßta*. BBnAm
      27 words


  • Page 27 Advertisements
    • 68 27 n Mondial Takes a Shine to Ngee Ann City To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For all your internationally certified < i G.I A, H.R.D and 1.G.1 diamonds, j emeralds and other gemstones. NEW SHOWROOM: Mondial Ngee
      68 words

  • Page 28 Advertisements

  • Page 29 Advertisements
    • 82 29 •Up to 70% Financing A ATf TJ iipi&sv approval W Scripiess counters are also acceptable J I 1 V/|l CALLUSNOWI jB TAT LEE FINANCE Doing Vour Way Head Office Tel: 223 9222 TOL V Selegie Branch Tel: 338 2097 East Coast Branch Tel: 440 6882^8k. Bukit Panjang Branch Tel: 769
      82 words

  • Page 30 Advertisements
    • 561 30 THE COMPANIES ACT. CAP. 5S TAI YIH PTE LTD (la Members' Voluntary Winding Up) At an Extraordinary General Meeting of TAI YIH PTE LTD duly convened and held on the sth September. 1994 die following special resolution was puscd: SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to
      561 words
    • 339 30 NOTICES f M THE MATTER OF THE COMPAMES ACT, CAP 90 AND M THE MATTER OF S.U. INTERNATIONAL (MEMBERS'VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap. 50 that a final meeting of the members of the abovenamed Company w« be held at 1
      339 words
    • 352 30 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF GRAND UNITED PTE LTD (Member*' Voluntary Wlndlng-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 3 King Chong Road Singapore 0315 on Friday, the 9th day of September 1994 the
      352 words
    • 565 30 METRO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE The following share certificate has been reported lost or destroyed:CERTIFICATE HO. IN THE NAME OF SHAREOFSSI.iI EACH *****5 Chang Kia Hiong 242 NOTICE IS HEREBY GIVEN that if within fourteen (14) days from the date hereof, no claims
      565 words
    • 592 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NIHON PARKERtZING SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LOU CATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the abovenamed
      592 words

  • ShippingTimes
    • 516 31 Major share of Australian National Line to be sold to unions Bloomberg Business News CANBERRA The Australian government said it will retain a minority share in its ailing shipping line Australian National Line and sell the rest, probably to maritime trade
      Bloomberg Business News  -  516 words
    • Article, Illustration
      50 31 AFP TANGIERS, Morocco Some of the 462 Moroccans, stranded in Tunisia, waving upon their arrival in Tangiers aboard a French ferry on Monday. Moroccans who were blocked in Tunisia following the closure of the Morocco-Algerian border in a diplomatic row arrived at this northern Moroccan port. AFP
      AFP  -  50 words
    • 1090 31 Page Col ABC Containerize 16 4 Accord Group 8 1-3 Ahlers Line 13 S Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 4/5 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant
      1,090 words
    • 255 31 Reuter PRAGUE The Czech Republic will open its second combined international transport link on Sep 25 for the transport of trucks on trains, transport minister Jan Strasky said on Monday. The "Ro-La" link between Dresden in Germany and Lovosice, about 65km north of
      Reuter  -  255 words
    • 192 31 SINGAPORE National carrier Neptune Orient Lines has clinched for the third time the title of Quality Carrier from a US magazine. According to an NOL statement issued yesterday, Distribution Magazine a transport and business logistic magazine had conducted its annual Quest for
      192 words
    • 312 31 Reuter KUALA LUMPUR Malaysia is to privatise all ports soon, and Penang port will perhaps be the next to be sold, Malaysia's Transport Minister Ling Liong Sik said. "Penang port is on the brink of being privatised but I do not have the
      Reuter  -  312 words
    • 283 31 Reuter ANCHORAGE, Alaska Jurors pondering whether to slap Exxon with a punitive fine for the nation's worst oil spill asked for information on Monday that had been purposely withheld from them about the corporation's finances, according to court documents. The jurors,
      Reuter  -  283 words
    • 285 31 Reuter MIAMI The effect on cruise company Carnival Corp would be neutral to positive if casino gambling is allowed in Florida, while gaming's effect on Walt Disney Co is uncertain, said Smith Barney analyst Jill Krutick on Monday. The Florida Supreme Court
      Reuter  -  285 words
    • 1537 32 A SIGNIFICANT increase in the key US GultfJapan grain rate was reported, with three modem panamaxes fixed to ship 52,000 tonnes each of heavy grain, with the rates pegged at U5524.50 and U5524.75. All the charters were for late September or October dates, with two taken by Mitsubishi,
      1,537 words
    • 13524 40 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. lE6EMD PN: ship calls at Penang after
      13,524 words
    • SHIPS IN PORT
      • 480 48 Vessel Voy No Berth Amvtl Departure Vessel Voy Ho Berth hmal Departure p--* Baiam S«e«13 18/94* P01A 14 09/1900 14.0S/2000 Z,r* 09 94 )U 1409 0600 Mam Sfl«rt3 *****- P01A 14 09 2030 a,. go qi qj j atnwpA 1409/2315 BaUin St*ed4 A9694* P01A 14.09/1200 14.09 1300
        480 words
      • 1174 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Ship Voy No Etb/Btr Period From To From to tot 0578 16/2359 4 14/1200 14/1459 14/1700 nTTm* 0057A 15/0200 U 13/1500 uTiei IB 13/1500 13/1659 13/1900 2B 13/1/00 14/0659
        1,174 words
    • 285 48 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Sep 15 Nov 24(11 evenings) Organiser Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: IATA-FIATA Basic Air Cargo Rating Duration: Sep 19-24 Organiser International Air Transport Association Tel: For more
      285 words
    • AIR AND LAND TRANSPORT NEWS
      • 447 50 NYT NEW YORK A large number of travellers were reported on Monday to have cancelled flights on USAir, while others are trying to steer clear of flying on the Boeing-737, the übiquitous twin-engine plane involved in last week's USAir crash that killed
        NYT; Reuter  -  447 words
      • 292 50 Los Angeles Times LOS ANGELES Hughes Aircraft Co, delivering a severe reminder that painful aerospace cutbacks in California are far from over, said on Monday that it will lay off another 4,400 workers in Southern California and close virtually all of a sprawling
        Los Angeles Times  -  292 words
      • 482 50 NYT TOKYO The Transportation Ministry said on Monday it will put on hold a plan to construct a third runway at the New Tokyo International Airport at Narita in the hope that building just one strip, parallel to the primary runway
        NYT  -  482 words
      • LOGBOOK
        • 98 50 Bloomberg Business News MUNICH, Germany The first BMW a 318 i sedan rolled ofT the company's assembly line on Monday at its new US$4OO million (SS6OO million) plant in South Carolina. Helmut Panke, chairman of BMW Holding Corp, hailed the opening of the factory
          Bloomberg Business News  -  98 words
        • 123 50 Reuter PHNOM PENH The Japanese government is sending a team of engineering experts to Cambodia to do a feasibility study on a new bridge over the Mekong river, an embassy official said yesterday. The most likely site for the bridge would be at the
          Reuter  -  123 words
        • 77 50 Reuter HIGHLAND PARK, Michigan Chrysler Corp said on Monday Jeep and Eagle new model sales set a record for the US market. Chrysler said 455,285 units were sold so far during this model year ending Sep 30, compared with 454,153 units in the year
          Reuter  -  77 words
        • 92 50 Bloomberg Business News IRVINE, California Kia Motors America is raising the price of most of its Sephia sedans by US$2OO (SS3OO) for 1995, but it will maintain the price of its least expensive version. The Sephia RS with a manual transmission, which accounts for
          Bloomberg Business News  -  92 words
        • 78 50 Reuter DETROIT General Motors Corp is expected to revamp its international unit by promoting Louis Hughes, currently executive vice-president of GM's International Operations, to president, GM sources said on Monday. Industry analysts said the promotion would put Mr Hughes on the same level in the
          Reuter  -  78 words
      • 522 50 Reuter WASHINGTON Saudi Arabia's national flag carrier Saudia is moving closer to completing a more than USS6 billion (SS9 billion) deal with US commercial aircraft and engine makers but industry experts said on Monday Britain's Rolls-Royce could win part of the lucrative deal.
        Reuter  -  522 words
      • 1428 50 gg nm n* nm n®_ GA963 0920 GA964 0310 Mm MmM GA895 1305 SQ442 2000 0K5I0 1900 0KS11 2256 kttUUa SQ227 2030 RJ182 1440 RJ183 2225 Owilll tin KL831 0935 GA974 0345 GA895 1305 KL832 2300 SQ323 1815 SQ324 2345 f| l lltli NZ21 1820 NZ22
        1,428 words
      • 324 50 Reuter ATHENS Greece's ailing state airline Olympic Airways must undergo restructuring as prescribed by a survival plan agreed with the European Commission or close down, Transport Minister Theodoras Pangalos said on Monday. "It's a one-way street. Olympic Airways must undergo restructuring or close down,"
        Reuter  -  324 words
  • Page 31 Advertisements
    • 44 31 Drager, SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE 1 Specifically Designed Breathing Apparatus For Maritime Application HIGH QUALITY HIGH PERFORMANCE >» HIGHLY AFTORDABLS Draeger South East Asia Pte Ltd 67 Aver Rajah Crcacent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS J7451 DWSING
      44 words
    • 26 31 Lines and services represented by Members of the Registry of Accredited UHgjWj) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      26 words
    • 23 31 Travellers cancel flights on USAir and Boeing 7375, Back Page PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times NUMTMII
      23 words
    • 14 31 VISA FREIGHT SERVICES PTE LTD 1/^ THE TOTAL TRANSPORTATION PEOPLE I "3 1800 *****66
      14 words

  • Page 32 Advertisements
    • 1928 32 wL yßß>^Wßlk KmLftßMßMßßllwlll■!Vi;ll|"l§i|lJ|Ajl i BTIH dTTiW^^^fcWlMlH^lH^fflBffiH^EWßHlßBlßfliflSßßßß^B B &3P&3JL*, I IMPORT.... IMPORT.... Mm I I f—r—i 1 tmaer CALL TO «mt coaot itc W RMT tWrtjHffiM^M |HHH|HBfI^H^HBHHIMB9^VBffI VESSEL VOY STOK U OM *CB SEA DAI Mgjgj CMC NT UUCP OTT VESSEL STOK OMWOS MP MMTEWCO NOOE SKBB MMM l»l MUM* HMjBMM
      1,928 words

  • Page 33 Advertisements
    • 2132 33 A OOCL (SI PTE LTD JARDINE SHIPPING AGENCIES JAROMC SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT, SINGAPORE 0208 P JAVA 9?" 7 77 6 J?.^ 5342 CFS 3 75 5342 P Cn NUMBER 3242M*****C ,£h TEL- M 2703/4 FAX M 2709 m> DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD)
      2,132 words
    • 1695 33 ■awMn U. S. A. /CANADA 3 TIMES A WEEK SL DEVELOPER V.210E ETA SIN 19TH SEPT 94 MARIE MAERSK V.9408 ETA SIN 20TH SEPT 94 AXEL MAERSK V.9416 ETA SIN 21ST SEPT 94 Vnhl Voy ETA ETO Feedwed by H 8 destinations Nut MAWE maersk v*4o6 F k«JiiiMHt—awTraww^wwmmMai—!—awnnw^Mß9Hn»BH9BMl CT 20/09
      1,695 words

  • Page 34 Advertisements
    • 1573 34 AQABA R'DAM/ [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA KIRISHIMA 06/136 14/9 /10 04/10 02/10 Port Ketang. Penang DRESDEN EXPRESS 18/336 17/9 26/9 03/10 05/10 08/10 10/10 12/10 Pasir Gudang FRANKFURT EXPRESS 75/137 22/9 06/10 11/10 _°2i!°
      1,573 words
    • 656 34 C33SB AFGHANISTAN MAM Afghanistan Ltd., HaJratan, Torghundl, Islamqala (Doqharun) C.1.5./RUSSIA: Voßtoctmy, Vladivostok, Moscow. Baku, Tashkent, Irkutsk, Alms Ata, Ashgsbsd, Dushanbe, Kisv N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Bunga Petangl V.2324 20/9 20/10 Ned Asia V.2334
      656 words
    • 1232 34 NORASIA I WEEKLY DIRECT SAILING TO HONG KONG, BUSAN KEELUNG j ALSO ACCEPTING I® m DALIAN, QINGDAO, SHANGHAI ft XINGANG (VIA BUSAN) CHI WAN ft HUANGPU (VIA HONG KONG) m FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL AGENT: NORASIA AGENCIES (S) PTE LTD
      1,232 words

  • Page 35 Advertisements
    • 1760 35 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****88 Fax: *****17 i NEW GUINEA PACIFIC LINE jgfWa? <a service of china navigation co> CARGo" DUE SAAS VMM STRAITS PINK *1* Muara, lab 13-14 Sep 15 Sep 16 Sep FCL> l cl CONTAINER ANO
      1,760 words
    • 3034 35 P&O Containers P*o a Snutnere (Singapore Agencies) Pte Ltd v"**** 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 00* ■SJji-fivv First c,ttss Connections WORLDWIDE SnSS ***** PNOCSP F 10 5327 222 7517 EXPORT IMPORT k VEISEL VOV *PNO *PKG »M SOU ANT HOT HAM GOT ME LEM VESSEL VOV ZEE
      3,034 words

  • Page 36 Advertisements
    • 557 36 w EKA JAYA AGENCIES lj||f TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I HO CHI fNH CITY MOM I MAHPTWOMK/WMCT I MMWYHOt I IMOtM I TPIH/H4W4 I ULVWOWI aiwtß [HM7B/yttaH j I Bag I ImwMmMim I > T6 VIETNAM/HdMC CQNTAINItt-JTOR CENTER-POINT U» LINES inn [Win. STOK W
      557 words
    • 1162 36 (g) HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM rsriiM HAUL m m mm |u* haul sav ui ntc MNM OAKIM) 027F 16/9 SttCT C/ 10 1/10 9/10 HAW* BUSAN I4SC 17/9 N MCdCA 01* 20/10 21/10 22/10 mnm Sun 01* 23/9 OMtCCT
      1,162 words
    • 19 36 SPORE IBN AL ROOM OC-191 25 SEP To Buenaventwa/Bananqufe/Santa »brta/Carta|«a/ Santo Dominfo/ Plo Quetzal/Acajutta/San lorenzo/CorMo/Pto CaMera/La Goaira/ Puerto Cabdo/Cristobal/Bafcoa
      19 words
    • 1235 36 HHHMSIttIHUMMiMIM3BiIiHiAMIIHMUAIUBaH3feaiIiMII3IHH^H*< ImwKCMCUtrus m os* ki w no tu cits u htcun w n w k n ca m GURU HM4 19/9 21/9 25/9 21/9 30/9 3/10 4/10 5/10 SlO 7/10 1/10 19/19 1/11 3/11 4/11 M/U 15/11 U/ll 17/11 11/U a/11 l/U 12/12 14/12 OH! K 047 20/9 21/9 2/11
      1,235 words

  • Page 37 Advertisements
    • 2158 37 PLEASE CALL HI II II NEPTUNELINK (1800 *****00 TOLL-FREE) M ■I BS H FOR THE FOLLOWING INFORMATION: ■I II VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I Xr II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI jr AVAILABILITY OF DOCUMENTS FOR COLLECTION HI VIIML VoVTTgrT LO» OAK VAN SET ATL CCG CLE CLB PAL
      2,158 words
    • 958 37 A MULTILINE SHIPPING PTE LTD W (i member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****88
      958 words

  • Page 38 Advertisements
    • 1492 38 44 AS AGENTS: "K" LINE (SINGAPORE) PTC ITO (CR MO: **********0M/GST KG NO. 112 *****99-4) K* J?* TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W MALAYSIA: "K" LINE MARITIME (MALAYSIA) SOU BHD m Wfj TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I A INDONESIA: P.T.
      1,492 words
    • 1280 38 @A PPEN S H I P /Q\ HAMBURG ITV CONVENTIONAL A INDEPENDENT LINER SERVICE i EUROPE TO SOUTH EABT ABIA AND FAR EAST VESSELS LOAONG PORTS DISCHARGE L OADMG FOR CAMUMAN fMNCtM VENTSPH.S 06/06 HAM 08/04 ANTW 13/06 P GUOANG 13/00 SPORE 16/00 OOSPIC RIGA 16/06 KLAIPEDA 24/06 HAM 26/06
      1,280 words

  • Page 39 Advertisements
    • 983 39 3aSBSglif PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSSS 140 Cecil Street. #03-00 PIL Building, Singapore 0106. CR NO: **********06 vessel ~vo7~ sin" jkt sTn" EQUATOR CRYSTAL 21N 17/t 20/9 34/9 KOTA INDAH ID *?®s 252 VJI If 7 KOTA SABAS SBBO3I 19/9 21/9 2S/9 KOTA IHTAN INTOO7 21/9 24/9 29/9 K.
      983 words
    • 891 39 I *or s« I u HAWI HAMBURG IHWS ROTTENOAM »WTWff 1 vm f w lttM losw m/w os/10 o»/io »/"> 10/111 VK.IE DC CAJtMA COSK H/OO 11/H 12/10 14/10 17/10 **.11 OE SAGITTA SOSW 27/09 H/H 10 22/10 23/10 25/10 **l£ 0' AQUHA *05* H 29/10 01/H •ALSO ACCEPIWG CARGO
      891 words
    • 800 39 bsa n. MYANMA wttUk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd| MPA-AN V2O4YH SU SW MYOMA YYYA VIS3W In Pt 15/17 S«p SITTYVE V64W 26/77 S«p MALAYSIA AGINTS BOUSTEAD SHtfWNG AGENCIES KUI TEC 03 *****00 PU TEL 03 *****67 KN TEI 04 *****5
      800 words



  • Page 42 Advertisements
    • 1984 42 DIRECf tERVICE I TO I ISRAEL (HAIFA, ASHDOD I VIA HAIFA) v I 3 SAILING I pACTi o CMIPPfMr PTF I TO T«/ (General): *****00 Silts' Booking: Agency Dept fax (General): *****66 Container: *****41/844 Container Svc B/L *****02 Operation Container *****15 DBSBMg Towef2 COSMP, Conventional: *****50 D/O: *****85 Conventional: *****46
      1,984 words
    • 1286 42 FOR BOOKING 1800-*****00 (TOLL-FREE) I OUTBOONO mi PfN IOH SW HRG MO TAI REE YOR ffly WC »08 0» MOI BUS MAN HM ?06NO 18 lb/09 16/09 IHB/09 22/09 24/09 2//09 03/10 04/10 05/10 MAN HAI 222/NOOJ 18/09 20/09 2071/09 24/09 27/09 29/09 SEA RANGER NO4? IFoS is~oi 21/09 22
      1,286 words

  • Page 43 Advertisements
    • 705 43 FAMOUS CONTAINER LINES 10 ANSON RO. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 19/9 ROTTERDAM 19/9 AARHUS/COPENHAGEN 19/9 HAMBURG/BREMEN 19/9 MARSEILLE/FRANCE 20/9 FELIXSTOWE/UK 19/9 BARCELONA/SPAIN 19/9 LEHAVRE/FRANCE 20/9 GENOA/ITALY 19/9 ANTWERP/BELGIUM 19/9 LOS ANGELES/WC/IPI 16/9 SYDNEY/MELBOURNE 16/9 NEW YORK/EC 1679 FREMANTLE/ ADELAIDE 18/9 VANCOUVER 1679 BRISBANE
      705 words
    • 876 43 a vm«*l jrr t PBHSSSBDS^D^EHB^^^Mi^B M M i I' II I' I *1 9 IviMKL VOY WW PgN 1 l>R jg/f_ Tm 20/1 aka BHUM 190N/8 W«d In Pt Thli TIM VESSEL VOY SIN BKK BHATTU BHUM 47» »|I 17/1 Tw 20/1 |i lot J A SWUM 4540 Fri~ "wT
      876 words
    • 215 43 o*mr»nt—d UIIHX* to: |BAHOCOX/I.AtM CHABAHG/LAOSj2O/9 (TOE). 17/9 (SAT) POKT KELAH6/PPIAN6 22/9 (THU). It/9 (FKI) HOHG KONG 20/9 (HI). 18/9 (FIB) IAKAUTA 17/9 (SAT) MANX A CtBU SUB»C BAY 19/9 (MOW) HO CH MHH lt/9 (FW) SURABAYA 11/9 (SUM) BUSAN 11/9 (SUM) DONGNAMA LINE *sa (MB) w n *a rm ok
      215 words
    • 574 43 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) CR NO.: **********0E [fSVACCEPTING FCL AND CONVENTIONAL VMMI Voy IT* LmOu Foe Abbay Wonz 41WB 07/11 Mombasa. Djibouti ASftAb MllllWl Abbay Worn 42W8 IS/12 Mombasa. Djibouti Aaaab. Uiiuwi Hkhkuklk iiMS- .Tini-i— FULLY
      574 words

  • Page 44 Advertisements
    • 1425 44 aNOft/EWOPE PEN PKL SIN 5 SAK.IN6S/KEEK PEN PK SIN 15/9 16/9 17/9 HKG/BKK/KEE/KHH Gonoa/Barcetona/Marsoies 22/9 23/9 24/9 17/9 18/9 19/9 HKG/BKK/KEE/KHH G'burf/C'haien/S'hofcn/Oslo 23/9 24/9 Zb/9 Till Y PFPFIVIWr 16/9 17/9 18/9 HONGKONG/BANGKOK/PUSAN JPN/KOREA/MANILA POUT KELANG/PENANG/P. GUDANG Mania/Cebti 14/9 15/9 16/9 KEELUWG/KAOHSIUWG Tokyo/Kotot/Osa/Yoko 16/9 17/9 18/9 AUSTRALIA/NEW ZEALAND 8 9 w,
      1,425 words
    • 188 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EH lift HA sroac rati kumc pcnmk 81 m MIX 28 9 loajmg tot Malt RUVN HUDNU 75/1 loading tw OvtMi OOLTHN 18/9 16 9 Lo«dw| Fw HUt noNoi armK 2* 9 loadMf Fw M* UMMOIW M PORT IMdM( For Mate nooss
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    • 913 44 f O THONG SOON UNES PTE LTD 1; I 78 SHENTOH WAY #10-01, SWGAPORE 0207 I I TO.: 227-5088 FAX: 227-6011 I y TLX: RS ***** CMRER, RS ***** JEHHOL CABLE: TOSOCO K I A maM MM commMr I SINGAPORE TO SARAWAK 3INQA EXPRESS SINGAPORE tv OAHAWAK SINGAPORE TO THAILAND
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  • Page 45 Advertisements
    • 627 45 W2VEVERETT ORIENT LINE" JAPAN/BAY OF BEAGAL/lAPAN SERVICE ACCtPTW HKJMUK/JOC CARGOES TO/FROM ROK. YOKOHAMA, NA6OTA. HOJI, TOR TO*, MANIA' DATAO*. Pw»|* P. Krianf Snfaport EUsia* KAMALHERETT V22E lnPt/15 Sept 16/17 S«pt IVYEVERETT VIOC 26/27 S«pt 21/29 Sept SHAPIAEVEJttTT *221 21/29 Sept ACCffTWS BKAKBU.K FCL/SOC CARGOCS TO/FMM CMTTAGONG, CALCUTTA AMD MONQ.A* Sftfioori
      627 words
    • 241 45 Yak GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VNI 23/9 24/9 25/9 GLORY SELATAN XI 14/9 23/9 SP KOMPONG SOM GLORY SELATAN V 13/9 16/9 LINER SERVICE USA, VANCOUVER, VERACRUZ TO
      241 words
    • 571 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE "vESSt^^ "~wT" SIN KAMCHI jgUjj 134-HW li{9 21/1 jWggg 133-HW 22/ i 2/10 warn 147 hw 10/10 »/io MAKSAN 151-HW ?«/10 3/11 FAR EAST CONTAINER SERVICE ONLY VESSEL VOT |SW |HKG |BSN OSA WAG TOK ■PLAN 140-QW 5/10 13/10 17/10
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    • 635 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE S* DC* >NB- MPt- Pl 2 CPT« BEW <Mt*' MAN HE/86 26/09 08/10 11/10 20/10 09/10 12/10 19/10 21/10 HU HE/108 09/10 22/10 27/10 05/11 23/10 24/10 04/11 06/11 VI HE/102 23/10 06/11 08/11 18/11 06/11 09/11 13/11 IS/11 SHUN
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    • 261 45 SIN FAR EAST 20/09 KEELUNG/KAOHSIUNG 18/09 BANGKOK 18/09 MANILA/CEBU 18/09 JAKARTA/BELAWAN/SURABAYA 18/09 PORT KELANG/PENANG/E. MALAYSIA 21/09 BUSAN 18/09 TOKYO/YOKO/KOBE/NGO/OSA 21/09 HONG KONG Si CHINA (*a#±B;*n) 21/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 19/09 LDN/FLX/LVP/SOU 19/09 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. S!N USA/CANADA 18/09 LOS
      261 words

  • Page 46 Advertisements
    • 684 46 PHI LI-on If NT LIN€S PT€ LTD VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: 1099 78 ***** SsL 5i3 jQ A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION 23 SEP SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 23
      684 words
    • 394 46 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 23 SEPT (Accepting to all Naw Zealand porta) PENANG 16 SEPT JAKARTA 18 SEPT PORT KLANG SEPT BANGKOK 18 SEPT MELBOURNE 23 SEPT SYDNEY 23 SEPT BRISBANE 23 SEPT FREMANTLE 29 SEPT ADELAIDE 23 SEPT 60THENBURG T7 SEPT 'ACCEPTING TO ALL SCANDINAVIA
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    • 399 46 CONSOLIDATION TO BUSAN Singapore I FIRST FORWARDER IN OFFERING TWICE WEEKLY w b a y"B£?a LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 C@))lX| for bookings NOW!!! Tel: Fax: INTERNATIONAL SEA FREIGHT A Singapore 778 6522 *****38/*****36 FOM*W*6 -MM "~l AND LOGISTICS SERVICES 4M II Also has offices
      399 words

  • Page 47 Advertisements
    • 1199 47 CONTAINERISED "HUB" SERVICE f DIRECT TO ARGENTINA/BRAZIL URUGUAY V I i h-—! —»I -I—l- I i CANOPUS 003 E 07/10 12/11 14/11 20/11 I 21/11 I 20/11 I 21/12 FRANCISCA SCMULTE 005E 20/10 04/12 00/12 12/12 I 13/12 10/12 I 12/01 ALEXANDER SCHULTE OOSE 21/11 27/12 20/12 04/01 I 05/01
      1,199 words
    • 405 47 CEYLON SHIPPING COftPN rc£g») Notional Line of Sri Lonka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS m r I*l* Wj-*|^|^XgLL^ NOUUU M. IMNSOaUM MX 3 U/M H/W IVl> W IMI 417W H/W 21/tl w/l« 10/10 U/U MUf 01 CMM COS" H/W M/0> 12/10 Wit IVIO U/M 10/10 MLU H
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    • 502 47 CO ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE NO.SI I VESSEL FAVLOOMAO ETROOVONET OCKASRIBT PRtOZERSK N.KRUPSKAYA MM FORTS EBlB ESI7 ESIO E897 EB2O ES2I BUENOS AMES* Saßad Saßad IS2O/00 OS 17/OQ 12-18/10 10 21/10 MONTEVPCO Saßad Saßad 21 22/00 10-17/10 RW QRAN DO SU MM 10-20/10 DURBAN 21/OSS 08-07/10 30/QQS SNOAWM"
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  • Page 48 Advertisements
    • 425 48 *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE SINGAPORE/PORT KLANG/SINGAPORE SINGAPORE/PENANG/SINGAPORE vessel <0Y I sw pkl vessel voy sx pen HOUR lAYA *****W 13/9/94 (TUE) 15/9/94 (THU) MCC COWVEYOR 9443 14/9/94 (WED) 16/9/94 (FW) HCC COWVEYOR 9443 14/9/94 (WED) 15/9/94 (THU) HOUR MYA ****** 18/9/94 (FW) IS/9/94 (SUN) WWm BW6APORE
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  • Page 48 Miscellaneous
    • 550 48 TODAY'S TIDES (luiflt in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 fJM at 0.7 OJ 1.0 IJ 1.5 1J 1.9 19 1J 1.1 1.5 1.4 1.3 1.4 l.« 1.9 22 2.4 2.5
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  • Page 49 Advertisements
    • 800 49 ▲HYUNDAI MERCHANT MARINE CO^D. WESTBOUND TO EUROPE BKG: *****61 PW n(£« pco* VESSELS VQT SX RTM ANT* LEH* HAM BW FB-_ km if/« nj; i;;is S/!S "'IS ii/io 21/09 23/09 24/09 H. "JOVATOR 311(1 28/09 14/10 16/ 0 23/10 25/10 28/09 30/09 01/10 "J™ 3 29/10 30/10 30/10 01/11 $s
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    • 486 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS gssti not sr n me ii mm kt OBENT lit 2 IS/B 17/» SKI MLBH 17 h n u/s KtISHUN 12 U/B l»/» SOfBM 21 11/1 21/9 KOUSHUN 43 2S/9 2i/9 29/9 TRONO IN »/> 27/1 OUTBOUND VESSELS SP
      486 words
    • 930 49 1 JEDDAH/UK/CONTNENT I STORE JED S-TON ITBURG RTMM LEM *Mm Acc*tt« C«t* f«: ORESOEN EXPRESS It/334 17/1 28/1 S/1B B/1B 14/10 12/19 S«ftw*t« to JUK dntMtan. Mnt mt Mk F RAW FUR T EXPRESS 75/137 22/9 1/19 11/19 13/19 Rottvaan :to M Antw«p. taslwdan. OMi, H4R4I IUMKSHAfEN EXPRESS IS/337 24/9
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