The Business Times, 29 June 1993

Microfilm: NL18530
Total Pages: 62
1 62 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times WH KNOW ASIA MIT A (P) 552/12/92 Tuesday June 29 1993 75'
    14 words
  • 2am LATEST
    • Article
      Lock icon Taiwan needs time to conform to Gatt rules
      53 1 Reuter GENEVA Taiwan, citing pressure from domestic farmers and industries, says it would need a transitional period after joining the Gatt to gradually conform with all of the world trade body's rules. Taiwan also announced it would not adhere to Gatt's existing
      Reuter  -  53 words
    • Article
      Lock icon One more red face in Major's govt
      95 1 Reuter LONDON A flippant remark by Northern Ireland minister Sir Patrick Mayhcw after a grenade attack in the province has caused further embarrassment to Prime Minister John Major's government. Mr Mayhcw, on his way to an opera in Belfast on Saturday night, was
      Reuter  -  95 words
  • Article, Illustration
    MARKET SUMMARY
    119 1 Stock market indices Monday Change STII 1,783.14 +11 47 KLSE Composite 722.07 +13.27 Nikkei 19.886.76 +227.19 Hang Seng 7.148 10 +'34 02 SEF Index 884.54 -12.02 Jakarta Composite ...358.62 -0.27 CLSA China B 978 47 8.76 Aust All Ord 1,715.1 +14 7 FTSE 100 2.897.0 +9.5 Monday Prriioirt
    119 words
  • Article
    Analysts raise growth forecasts for S'pore economy
    835 1  -  By Anna Teo SINGAPORE Growth of the Singapore economy in the second quarter is likely to keep pace with, if not exceed, the first three months' rate of 7.1 per cent, analysts say. With the economy running at full steam, most analysts have
    835 words
  • Article
    Lock icon Hongkong's bid to limit newspaper stakes in TV may hit Murdoch
    362 1 South China Morning Post HONGKONG The Hongkong government is planning to curb newspaper owners from owning more than 15 per cent of local television stations, a move that will pose a serious threat to Rupert Murdoch's bid to buy
    South China Morning Post  -  362 words
  • Article
    S'pore, KL shares rise on bargain hunting
    102 1 SINGAPORE Bargain hunting and short covering pushed up share prices across the board in Singapore and Kuala Lumpur yesterday. Brokers say Singapore's latest trade figures May's nonoil domestic exports grew 22.8 per cent plus several corporate announcements, underpinned the buying. Malaysian counters, meanwhile.
    102 words
  • Article
    Lorrain to walk free when HK drops 15 charges in August
    452 1  -  From Catherine Ong FIFTEEN remaining charges against Lorrain Osman will be dropped in August and the former Malaysian banker, who has already been in custody for eight years in connection with the Carrian case, will finally be a free
    452 words
  • Article
    Malaysia spells out curbs on reverse takeovers
    441 1  -  From Leslie Lopez MALAYSIA'S primary securities watch-dog body yesterday unveiled restrictions on reverse takeovers of companies listed on the second board of the Kuala Lumpur Stock Exchange. In a late statement issued to the national Bernama news agency, the Securities Commission said only
    441 words
  • Article, Illustration
    Controversial Union Paper soars M$4.90 to be biggest gainer on KLSE
    371 1  -  By Quak Hiang Whai SINGAPORE Punters had another go at the shares of controversial Union Paper Holdings yesterday despite earlier horror stories of speculators losing fortunes on the counter. The stock, listed on the Kuala Lumpur Stock Exchange's second
    371 words
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      134 1 and Quart 2 date) The World's Finest Photographic System MmKFh* 4 Nikon Camera Centre Super Photo #03-26 Orchard Point Tel: *****81 *****16 CONTENTS S pore News 2 S .9.10.11 Regional News 3,4,5 Financial 13,14 World News 8 Features Markets 25 Qob/KISE. SES 17.18 Ettonal 24 Regwnal 15 Sports 19 World
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      59 1 Property: pk 22 Pasir Panjang as residential area ■■■nmiiii mw m] 'he maritime industry is a key element of the Singapore and MARITIME flul regional economies but it faces storm) seas. In a special suppleAll AI I merit that cones with >our Business Times today, we look at how LnALLcNubSCLJ
      59 words
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      18 1 Hock Lock Siew: pg 9 Why Thai hankers aren't smiling Non-oil domestic exports up 22.8 pc, Pg 2
      18 words
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      Page 1 Advertisements Column 4
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon GDP growth may peak in 2nd qtr
        310 2  -  By Anna Teo GDP (gross domestic product) growth this year is likely to peak in the second quarter at around 7.5 per cent, according to Transearch Consultants, which does econometric forecasting. Transearch's main forecasting model is based partly on the Ministry of Trade
        Source: Transearch Consultants  -  310 words
    • Article
      Non-oil domestic exports up 22.8pc, but expansion easing
      552 2  -  By Schutz Lee THE volume of non-oil domestic exports grew by 22.8 per cent last month from May last year, but the expansion for this year has started to case, according to the latest Trade Development Board statistics. The Singapore-made exports were
      552 words
    • Article
      China to help investors check on properties
      352 2  -  By Yong Pow Ang A PROPERTY consultancy company may be set up in Singapore by China's State Land Administration to help investors do a check before they buy properties in China. The move follows keen interests shown by Singaporeans in buying properties in
      352 words
    • Article
      Select Committee on GST rejects proposal to lower tax on ACU
      545 2  -  Chuang Peck Ming THE Parliamentary Select Committee on the Goods and Services Tax yesterday threw out a proposal to lower the tax on Asian Currency Units. The proposal was made by the Association of Banks in Singapore to cushion
      545 words
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      181 2 Capture your precious moments jnL with Design Time DESIGN TIMI (S) PTE LTD Iff Tel: *****33 Jj Singapore export showcase W. IMM Bmldinj -/V SINGAPORE SHOWCASE o Cn** Camt Chap Anpert Tcmmil 2 I J Drago Centre EMPRESS SHOWCASE T^T^T Empress PUct -I—' -A- mi&Ms 51 4 Mm W/ th
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  • THE REGION
    • Article, Illustration
      Jakarta must improve workers' lot or face removal of GSP benefits
      480 3  -  US trade privileges From Maggie Ford in JAKARTA INDONESIA has eight months to improve conditions for workers or face the removal of trade benefits granted under the Generalised System of Preferences (GSP), Clifton Wharton, US Deputy Secretary of State,
      480 words
    • Article
      Thailand expected to retain GSP status
      375 3  -  From Alan Boyd in BANGKOK THAILAND is expected to escape US trade sanctions over its labour record, despite a campaign by American unionists to link the issue to the renewal of export privileges. Washington is due to decide in two weeks whether to act
      375 words
    • Article, Illustration
      Sihanouk makes Heng Samrin, Chea Sim five-star generals
      352 3  -  Reports from Harish Mehta in PHNOM PENH CAMBODIAN head of state Prince Norodom Sihanouk has appointed two strongmen of the State of Cambodia as five-star generals in yet another surprising move. They are Heng Samrin and Chea Sim. and their appointments come
      352 words
    • Article
      Lock icon Private sector won't control economy, says Suharto
      148 3 AFP JAKARTA President Su- harto brushed aside fears that conglomerates might strengthen their grip on the country's economy, according to news reports yesterday. "There is a fear that our economy will be under the control of conglomerates. 1 say it is impossible because
      AFP  -  148 words
    • Article
      Cambodian Cabinet to be sworn in on Friday
      170 3 TFiE Cabinet of the Provisional Government of Cambodia (PGC) will be sworn in this Friday after the ministerial line-up is approved by the Constituent Assembly on Thursday. To get the PGC off the ground, the Cabinet members will meet today for the
      170 words
    • Article
      Lock icon Asia's reliance on mega-power projects seen as risky
      472 3 Reuter KUALA LUMPUR Asia is pursuing a high-risk strategy in relying on a few huge power projects, rather than a number of smaller ventures, to meet a predicted surge in electricity demand over the next five years, analysts say. "As a case
      Reuter  -  472 words
    • Article
      Manila making good progress in servicing foreign debt: Ramos
      361 3  -  From Al Labita in MANILA THE Philippines is now more comfortable than before in servicing its foreign debt. President Fidel Ramos told a press conference yesterday that Manila's commercial debt now stands at US$9.4 billion (S$ 15.2 billion) compared to US$l5
      361 words
    • ASIA NOTES
      • Article
        Lock icon Indonesia extends travel ban
        83 3 AFP JAKARTA The Indonesian government has increased the number of people banned from leaving the country to 2.000. with a further 2.000. including foreign journalists, barred from entering the country, according to news reports yesterday. The daily Suara Karya quoted immigration director Rony Sinuraya as saying
        AFP  -  83 words
      • Article
        Lock icon Gordon agrees to stay with Subic
        82 3 Reuter MANILA Olongapo Mayor Richard Gordon has agreed to step down as city mayor and assume the chairmanship of the Subic free port. The Supreme Court last week ruled that it was unconstitutional for Mr Gordon to hold the twin posts of mayor of
        Reuter  -  82 words
      • Article
        Lock icon Seven charged in Taiwan scandal
        74 3 Reuter TAIPEI Seven executives, including a Dutch businessman and the son of a former Taiwanese president, were charged yesterday in a USSI73 million (*****.8 million) construction scandal involving Taiwan's national oil firm. The seven were charged with document forgery and corruption in the award of
        Reuter  -  74 words
      • Article
        Lock icon Japan retail sales down 3.8pc
        81 3 Reuter TOKYO Sales at Japan's major department stores and supermarkets fell 3.8 per cent in May from a year ago to 1.73 trillion yen (5526.5 billion), the 12th successive month of year-on-year declines, an official of the Ministry of International Trade and Industry said yesterday.
        Reuter  -  81 words
      • Article
        Lock icon Indonesia to settle areas along border
        66 3 AFP JAKARTA Indonesian officials in Kalimantan island plan to open up new settlements along the border with Malaysia to help develop the area, the Jakarta Post daily said yesterday. The establishment of the settlements along the 2.000-kilometre border would also be advantageous from the
        AFP  -  66 words
    • Article
      Lock icon Purchases not sign of arms race, say KL, Jakarta
      286 3 AFP KUALA LUMPUR Malaysia and Indonesia have said that their ongoing purchases of military hardware should not be interpreted as part of an arms race in the region. Malaysian Defence Minister Najib Tun Razak and his Indonesian counterpart. Edi Sudradjat, told
      AFP  -  286 words
    • Article
      Lock icon Taiwan govt indicator points to deteriorating economy
      422 4 AFP. Reuter TAIPEI Taiwan's economy is showing signs of deteriorating. with the government's key barometer Hashing a disappointing "yellow-blue light" tor May, the Council for Economic Planning and Development (CEPD) said. A survey of 1.0(X) local manufacturers by the CEPD also shows that
      AFP.; Reuter  -  422 words
    • Article
      Lock icon China, India agree to open second border trading post
      241 4 AFP NEW DELHI China and India yesterday ended four days of talks here aimed at keeping the peace on their disputed frontier with an agreement to open a second border trading post. The two sides discussed possible confidence-building measures to maintain
      AFP  -  241 words
    • Article
      Lock icon Taiwan to sign US$500m deal to buy Patriot missiles
      260 4 AFP TAIPEI Taiwan will sign a US$5OO million (SSBIO million) contract with the United States for the purchase of four to seven sets of Patriot missiles and launchers, the leading United Daily News here said yesterday. Military officials here expected the
      AFP  -  260 words
    • Article
      Lock icon Taipei to privatise 18 military firms by '96
      286 4 AFP, Reuter TAIPEI Eighteen militarynin firms will go private before the end of 1996 as part of laiwan's liberalisation effort, a ranking official of their parent company said yesterday. The cabinet-level Vocational Assistance Commission for Retired Senicemen (VACRS) is scheduled to sell
      AFP,; Reuter  -  286 words
    • Article
      Lock icon Nuclear stalemate forces Seoul to alter N Korea policy
      460 4 Reuter SEOUL South Korea, frustrated in its bid to settle its nuclear dispute with Communist North Korea through dialogue, said that it would formulate a new policy towards Pyongyang. Unification Minister Han Wan Sang announced yesterday. "Now that North Korea has
      Reuter  -  460 words
    • Article
      Lock icon Kim reaffirms resolve to root out corruption in South Korea
      311 4 AP SEOUL South Korean President Kim Young Sam yesterday reaffirmed his resolve to root out corruption as more former government officials were questioned for alleged involvement in suspicious arms deals. "There should be no change or slowdown in our reform
      AP  -  311 words
    • Article, Illustration
      Lock icon Path of destruction
      74 4 Reuter HONGKONG Residents running through debris thrown ashore by high seas on the central waterfront of Hongkong island on Sunday. Typhoon Korvn. fresh from wreaking havoc in the Philippines, lashed the coasts of China s Guangdong province vesterdav killing five people, said the official Xinhua news agency.
      Reuter  -  74 words
    • Article
      Lock icon Patten meets Major for HK talks
      659 4 Mini-summit aimed at seeking end to impasse in negotiations with China Reuter HONGKONG Governor Chris Patten, trapped by apparent Chinese delaying tactics in negotiations on Hongkongs future, heads today tor a minisummit with UK Prime Minister John Major on how to extraet Britain from
      Reuter  -  659 words
    • Article
      Lock icon Japan, US fail to reach accord on economic framework
      466 5 AFP. NYT TOKYO Japanese and American negotiators failed yesterday to reach an agreement on a new framework for economic relations and will resume their discussions next month, officials said after two days of talks. A Japanese foreign ministry official said the
      AFP.; NYT  -  466 words
    • Article, Illustration
      Lock icon JNP chief Hosokawa set to stake claim for power
      483 5 Reuter TOKYO The metcoric rise of the anti-corniption Japan New Party (JNP) has placed its leader, Morihiro Hosokawa, in a strong position for the jockeying likely to follow next month's snap general election. The centre-right JNP, launched by the aristocratic Mr
      Reuter  -  483 words
    • Article
      Lock icon BOJ rejects US call for more fiscal measures
      241 5 AFP TOKYO A senior Bank of Japan official rejected yesterday a US call for additional fiscal measures to reduce Japan's current account surplus, warning that such measures could rekindle inflation. The warning followed a speech here last Friday by US Treasury Undersecretary
      AFP  -  241 words
    • Article
      Lock icon Pakistan govt may assume emergency powers in 2 provinces
      320 5 UPI ISLAMABAD Pakistani Prime Minister Nawaz Sharif hinted on Sunday that the government may assume emergency powers in the provinces of Punjab and Sind, which are being run by his political enemies. He told a news conference here that such a
      UPI  -  320 words
    • Article
      Lock icon Dhaka to probe graft allegations against agriculture minister
      261 5 UPI DHAKA In a move unprecedented in Bangladesh's political history, the speaker of the national parliament on Sunday formed a committee to probe allegations of corruption against the most powerful man in Prime Minister Khaleda Zia's 27-month-old government. Speaker Shaikh Kazzak Ali
      UPI  -  261 words
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      Page 3 Advertisements Column 1
      79 3 KI m M W I The Spanish Food Promotion From only $30 for a main course at the Spanish Food Promotion, there's no denying we're expecting a stir in Compass Rose itself. And there's a choice of lamb chops, chicken, lobster, pork tenderloin, roast duck, even venison civet and squab.
      79 words
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      69 4 DON'T BE AWED BY the size By any standards, The Concourse is big. Big in size. Ml Big in prestige. But we offer office space from 1000 square feet So if you/re ,oolcin9 for your share f prime office space, give us a call today. Competitive rental rates Prestigious address
      69 words
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      253 5 Don't fret before the big meeting. Laugh, cry, scream, gasp and giggle instead. IH You've dotted the i's. You've 49 hours on the return flight. So own personal control pad, and all double-crossed the ts. And now, you'd have to fly twice round the with pin-sharp picture clarity. with another
      253 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Auto industry in turbo-charged growth phase
      1116 6  -  Focus on Thai industry' From Andrew Cooke in BANGKOK WHILE scores of vehicle manufacturing plants in other parts of the world are hanging out their "Closed for the Economic Winter" signs, the Thai industry is in a turbocharged growth phase. Automobile makers in North
      1,116 words
    • Article
      Bangkok to ease curbs on commercial timber farming
      759 6  -  From Alan Boyd in BANGKOK THAILAND is expected to ease investment restrictions on rapid-growth commercial timber farming to overcome a growing shortage of raw materials for the pulp and paper industries. Myanmar's decision to scrap Thai logging concessions at the end of
      759 words
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      194 6 fyjmm f i SAIL EASY i! 15, -f?J f Owning A Leisure Boat Is A Breeze With DBS Finance MM I ~"10y ■«g»-' 'J CM a Sail the seas with DBS Finance. tzM tn With our Sail Easy loan, you'll be charting a What's more, Sail Easy is manned by
      194 words
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      212 7 Growth is the Natural Course With Technology Parks f yfag birds nuzzle in the warmth and nurturing hand to ensure these enchanting Whether it is at the Singapore m m M J their nest, the pearl glitters and wonderful marvels flourish. Science Park, TECHplace I and II secure in the
      212 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon US, Japan must ease trade barriers first
        69 8 Reuter PARIS The United States and Japan should be the first to ease up their trade barriers before Europe can move further. French Economy Minister Edmond Alphandery said. He told French television Europe would speak with one voice over Ciatt world trade talks
        Reuter  -  69 words
      • Article, Illustration
        Lock icon Richard Gere meets Dalai Lama
        46 8 Reuter VANCOUVER Dalai Lama (left). Buddhist spiritual leader, greeting actor Richard Gere after a religious teaching session here. Mr Gere, an outspoken critic of China's occupation of Tibet, has been in Vancouver filming the movie Intersection with actress Sharon Stone. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Yeltsin on visit to Greece
        83 8 AFP MOSCOW Russian President Boris Yeltsin starts a 48-hour visit to Greeee today aimed at restoring traditionally friendly ties linking the two Orthodox, Balkan states. Mr Yeltsin's mission is expeeted to produce a friendship and cooperation accord, as well as several economic and perhaps military
        AFP  -  83 words
      • Article
        Lock icon Northern Israel hit by rockets
        56 8 Reuter NORTHERN ISRAEL Several Katyusha rockets fired by guerillas in Lebanon slammed into Israel's northern Galilee panhandle early yesterday, injuring one person, security sources said. The wounded person, hit by fragments, did not appear to be seriously hurt. At least two other people were treated
        Reuter  -  56 words
      • Article
        Lock icon British GDP to rise 1.5pc: report
        61 8 Reuter LONDON British gross domestic product is set to rise 1.5 per cent in 1993. due to higher domestic expenditure and strong export growth, the London Business School (LBS) said in a report published yesterday. The LBS forecast compares with the Treasury's Budget projection
        Reuter  -  61 words
      • Article
        Lock icon Bombs damage banks, no injuries
        94 8 Reuter MARSEILLES. France Bombs slightly damaged six banks in this Mediterranean port city early yesterday and a seventh bank in nearby Toulon. Police discovered an eighth small bomb at one bank which failed to go ofT. Windows were broken and entrances damaged by the dynamite
        Reuter  -  94 words
    • Article
      Lock icon OAU summit opens to criticism from newest member Eritrea
      418 8 AFP CAIRO The Organisation of African Unity (OAU) summit opened yesterday with an unexpected tirade of bitter criticism from Issaias Afeworki. president of its newest member. Eritrea. In his inaugural speech to more than 20 heads of state. Mr Issaias blasted
      AFP  -  418 words
    • Article
      Lock icon Economists fear Bonn budget plans may slow recovery
      638 8 But government action to cut budget deficit seen as necessary Reuter BONN Government action to tackle Germany's yawning budget deficit is necessary to restore confidence in a faltering economy, but some independent economists believe it might hamper recovery and keep deficits high
      Reuter  -  638 words
    • Article
      Lock icon EC should hold special summit: Belgian PM
      221 8 Reuter PARIS Belgian Prime Minister Jean-Luc Dehaene has said the European Community should consider holding a special summit of EC leaders once Britain and Germany ratify the Maastricht Treaty. "The proposal to hold an extraordinary summit after the last member state ratifies the
      Reuter  -  221 words
    • Article
      Lock icon France may quit ERM if Germany refuses to cut rates, says report
      308 8 Reuter LONDON Britain's Times newspaper said yesterday that France may be prepared to leave the European Community's Exchange Rate Mechanism (ERM) if the Bundesbank refuses to follow its call for sharply lower interest rates. Citing unnamed official sources
      Reuter  -  308 words
    • Article, Illustration
      Lock icon A curt move
      71 8 Reuter, UPI SYDNEY Police removing a Kurdish demonstrator from the United Nations' Australia-South Pacific headquarters in central S>dne> yesterday after a group of 23 Kurdish protesters stormed the UN office. In Ankara, at least 21 people, including 10 tourists, were injured in three bomb attacks believed to
      Reuter,; UPI  -  71 words
    • Article
      Lock icon Tax worries making Americans cling to their wallets
      336 8 Reuter WASHINGTON Fear of higher taxes is draining consumers' economic hopes even before their wallets actually are lightened, analysts say. Halfway through the >ear. the only strong stimulus for business activity is low interest rates. Economists say it is too slim a
      Reuter  -  336 words
    • Article
      Lock icon French minister says oil group Elf should head privatisation list
      297 8 AP PARIS French lawmakers were scheduled to open debate last night on the conservative government's plan to privatise a string of state-owned companies, and Industry Minister Gerard Longuet suggested that oil group Elf Aquitaine could lead the list. Mr Longuet
      AP  -  297 words
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      162 8 RUSSIA t Trade Promotion Office in Moscow L *'0* U4i Monthly Trade Enquiries from Russian/CIS buyers 0 Supported by Russian other CIS. Governments u* >r m Already used by dozens of Asian companies Jk Alpha Ltd. (Hong Kong) Suite A 2. 8/F, 245-251 Hennessy Rd. H.K.. (852) 511-4211, fax (852)
      162 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon APB accelerates regional brewery projects
      498 9  -  F&N group's expansion plans By Lee Han Shih SINGAPORE Asia-Pacific Breweries (APB) has speeded up its investment plans and now aims to spend US$25O million (SS4OS million) setting up five breweries in China. Vietnam, Thailand and one other regional country' in the next few years.
      Photo by Chris Loh  -  498 words
    • Article
      F&N soft drinks unit set for regional expansion after one-year revamp
      418 9 SINGAPORE The soft drinks division of Fraser Neave (F&N) is now ready to move into the region aggressively after completing a yearlong and at times painful restructuring. At a press briefing yesterday, F&N Coca-Cola chief executive Keith Martin said
      418 words
    • Article
      Group hints at private placement of Centrepoint Properties shares
      333 9  -  By Sylvia Wong SINGAPORE Soft drinks giant Fraser Neave said yesterday it will not reduce its stake in its listed subsidiary Centrepoint Properties Ltd (CPL) but hinted that a private placement may be in the works. The group wanted to expand
      333 words
    • Article, Illustration
      Lock icon SUMMARY
      331 9 Source: Bridge Info Performance of STII's Index stocks Jun 28 Last Seasc ladrx Slock salt Chft factor Movers <!> Asimo 2 200 0050 1.73 6.10 I AC 6.950 5.45 ("erebos 5.150 404 FAN 11.700 0.200 9 17 24 39 GF Asia 2.820 0060 2.21 7.32 (pcnMag 1 280 0060
      Source: Bridge Info  -  331 words
    • Article
      Hong Leong Finance and Liang Court to raise funds
      392 9  -  By R Sivanithy SINGAPORE Hong Leong Finance and Liang Court yesterday announced separate financing schemes aimed at raising a total of more than $300 million. In a statement. Hong Leong said it has appointed ÜBS (East Asia) to handle a proposed
      392 words
    • Article
      PPP group earnings down to $20,000
      122 9 SINGAPORE Sesdaq-listed Pan Pacific Publications (PPP) incurred losses of $769,000 in the second half of its financial year ended March 31, 1993, bringing its group net earnings for the vear down to a mere 520.000. This compares to $412,000 for the previous nine months.
      122 words
    • Article
      Central bank's sledgehammer approach to interest rates may shatter Thai image
      777 9  -  HOCK LOCK SIEW Bv Loh Hui Yin SINGAPORE Even though their coffers may be overflowing with healthy earnings, bankers in Thailand are not exactly a happy lot these days. Ironically, it is the healthy profits which have become a
      777 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          New NatSteel share options from today
          52 10 SINGAPORE Eight new options on Nat Steel shares will begin trading today. They consist of four new call options two each expiring in September and December with exercise prices of $4.20 and $4.40. and four new put options with the same strike prices and
          52 words
        • Article
          Causeway appoints executive director
          30 10 SINGAPORE Causeway Investment has appointed Alan Ong Tee Thong as executive director. The company said former executive director Sia Leng Yuen is now a non-executive director.
          30 words
        • Article
          Lock icon SBS shareholders approve bonus issue
          31 10 Reuter SINGAPORE Singapore Bus Service's shareholders have approved its one-for-five bonus issue involving 12.4 million new 1 shares. The issue will be capitalised from its reserves.
          Reuter  -  31 words
        • Article
          Lock icon Setron to appoint HK distributor
          60 10 Bernama PETALING JAYA Setron (Malaysia) Bhd is in the midst of appointing a distributor in Hongkong for the company's venture into the export of products. Setron chairman and chief executive officer Ahmad Razali Mohd Ali said this is part of the company's expansion plans to
          Bernama  -  60 words
      • Article
        UNIT TRUSTS & FUNDS
        417 10 UNIT TRUSTS FUNDS KMm prkMtS) Jun 29 Insurance Fund Incomc Bond Policy 3.22 3.33 Singapore Unit Trust Prudential The SaMngs Fund 1 20 126 PruLink Mgd Fund 1.12 1.18 g® S3 MARA-Bumiputra S'porc Invest Fund 0.97 l.02*d First Bf»jtra 67 7. S £e Equity Fund 0.63 0.66 Jg Asia Unit
        417 words
      • Article, Illustration
        KLSE gets powers to fine delinquent companies
        517 10  -  From William Chia in KUALA LUMPUR THE Kuala Lumpur Stock Exchange (KLSE), which has been criticised for not doing enough to discipline companies for not disclosing pricesensitive information and other lapses, will soon be able to fine such companies. Executive chairman Nik Mohamed
        517 words
      • Article
        SES head's call for cross-border trading gets cautious response from Thai brokers
        391 10  -  From Alan Boyd in BANGKOK THAI securities brokers have responded cautiously to a call for cross-border trading to be encouraged on stock exchanges within the Association of South-east Asian Nations (Asean). The proposal, raised by Stock Exchange of
        391 words
      • Article
        Lock icon UMW in talks for two joint ventures in China
        244 10 Bernama SHAH ALAM UMW Holdings Bhd is currently negotiating two joint-venture manufacturing projects in China, group managing director Abdul Rashid bin Abdullah said yesterday. Speaking after the company's annual general meeting, he said one of the two projects would be a
        Bernama  -  244 words
      • Article
        Lock icon Kumpulan Emas to buy 100pc stake in China Int'l Forest
        386 10 Bernama KUALA LUMPUR Kumpulan Emas Bhd yesterday accepted an offer from Mint Horizon (M) Sdn Bhd to acquire a 100 per cent equity interest in China International Forest Products Ltd for M 5335 million (SS2II million). China International Forest, a
        Bernama  -  386 words
      • Article
        Indon takeover bid worries minority shareholders
        420 10  -  From Maggie Ford in JAKARTA REVELATIONS of a takeover bid involving two companies listed on the Jakarta Stock Exchange have raised fears that the country's lack of regulations on such bids could harm the interests of minority shareholders. PT Tjilatjap Pelletizing Factory, a feedmill
        420 words
      • Article
        Investors get off as Thai hotel stocks head for the basement
        695 10  -  MARKET WATCH By Alan Boyd BANGKOK Thai hotel stocks suffered a sharp drop in first-quarter profits despite an 8.1 per cent increase in airport arrivals. And investors are bailing out. Only three of the 12 listed companies improved on
        695 words
      • Article
        Lock icon Tsingtao first Chinese firm to get HK listing
        449 11 Anheuser-Busch of US takes spc stake in brewery Reuter HONGKONG Tsingtao Brewery won the race to become the first Chinese company to list outside mainland China yesterday. It will make a share offer in Hongkong and sell a stake to US brewer
        Reuter  -  449 words
      • Article
        Lock icon Pepsico plans to launch Pizza Hut, KFC chains in India
        345 11 Reuter NEW DELHI Multinational food and drinks giant Pepsico Inc is considering opening Pizza Hut and Kentucky Fried Chicken fast-food chains in India, a company official said yesterday. "Two of Pepsico's restaurant chains Kentucky Fried Chicken and Pizza Hut are
        Reuter  -  345 words
      • Article
        Lock icon Pacific Dunlop, Arnotts adopt different growth strategies
        509 11 Bloomberg Business News SYDNEY Two Australian food groups Pacific Dunlop Ltd and Arnotts Ltd unveiled different strategies yesterday for increasing sales in the stagnant Australian market. Pacific Dunlop, a diversified food and industrial concern. said it will expand its range of premium products
        Bloomberg Business News  -  509 words
      • Article
        Lock icon Vietnamese PM intervenes to halt mining scam
        422 11 AFP HANOI When the board members of Westralian Sands Ltd decided to embark on a mining venture in Vietnam, they knew it would be risky. But they never imagined that one of the risks would be having a partner the Heavy Industry Ministry
        AFP  -  422 words
      • COMPANY BRIEFS
        • Article
          Lock icon Shenzhen B listing for 2 more firms
          89 11 Reuter HONGKONG The Shenzhen Stock Exchange said B shares of Shenzhen Gintian Industry Co Ltd and Tsann Kuen Enterprise Co Ltd will be listed on the exchange today and tomorrow. Gintian issued 38 million B shares for foreigners at HKSIO.7I a share to
          Reuter  -  89 words
        • Article, Illustration
          Lock icon New sport coupe from Fiat
          23 11 Reuter TURIN. Italy Fiat's new two-litre 16-valve sport coupe is expected to be launched later this year. Reuter
          Reuter  -  23 words
        • Article
          Lock icon Kao to produce detergent in Indonesia
          105 11 Reuter TOKYO Kao Corp will switch to producing its fabric detergent in Indonesia in order to lower costs, a company spokesman said yesterday. Kao will produce the detergent at its local joint venture firm, P Dino Indonesia Industrial Ltd. starting next month. The spokesman
          Reuter  -  105 words
        • Article
          Lock icon Rank Xerox sale may raise £1.5b
          108 11 Bloomberg Business News LONDON Britain's Rank Organisation pic is cxpccted to sell its 49 per cent stake in office equipment group Rank Xerox to its joint venture partner Xerox Corp of the US for as much £1.5 billion (553.6 billion), the Sunday limes reported.
          Bloomberg Business News  -  108 words
    • FINANCE
      • Article, Illustration
        Lock icon Simex, CME likely to renew mutual offset trading pact
        356 13  -  By Soh Tiang Keng Eurodollars, Euroyen and Euromarks. THE Singapore International Monetary Exchange and the Chicago Mercantile Exchange are likely to renew their mutual offset trading pact, through which contracts can be opened on one exchange and closed on the other.
        Eurodollars, Euroyen and Euromarks.  -  356 words
      • Article
        Lock icon Jakarta urged to act quickly to prevent bad debts from ensnarling banks
        246 13 Reuter JAKARTA Indonesia's monetary authorities must move quickly to prevent the snare of bad debts trapping the country's banks from causing more damage, bank analysts said. Analysts told Reuters that unless the government, notably the central bank, stepped
        Reuter  -  246 words
      • Article
        Lock icon International bond issues surge 49pc in first 4 months
        264 13 Reuter PARIS International and I foreign bond issues increased 49 per cent in the first four months of 1993 and the boom j is set to continue, the OECD said in a report. I The Paris-based Organis- < ation for Economic
        Reuter  -  264 words
      • Article
        Oil futures prices rise after US missile attack on Iraq
        365 13 Bloomberg ENERGY REPORT LONDON Oil futures priccs in London and New York gained ground yesterday in the aftermath of Sunday's US missile attack on Iraq, brokers said. The US launched 23 Tomahawk cruisc missiles from naval vessels in the Red
        365 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        121 13 THE currencies market had a very volatile day yesterday with the US$. first losing ground against the yen and then gaining ground against all currencies, guided by US-Iraq tensions. The USS/SS also had a volatile day despite its narrow range. Eaiiy morning sell-ofT by a
        121 words
      • Article
        Lock icon London
        185 13 Reuter LONDON Profit takers pared the dollar's gains in lively European trading yesterday, while the pound benefited from government comments that there was no need for a further British interest rate cut. The mark suffered as Bundesbank deputy president Hans Tietmeyer said 1.70 marks was an appropriate level for
        Reuter  -  185 words
      • Article
        Lock icon New York
        82 13 AFP NEW YORK The dollar fell against other major currencies except against the yen in active trading yesterday, with most of the action focused on the German mark and Japanese yen. In early trading, the dollar was quoted at 1.7010 German marks against 1.7035 Friday, and at 106.15
        AFP  -  82 words
      • Article, Illustration
        Untitled
        1110 13 /ruiii' index cuU tilunil avainu Spare's l<ip H naJin f part/ten to Kxir I9S* US$/S$ forward rates Noon June 28 ss Bid OUrr 1-month 1.6247 1.6262 2-month ***** 162*2 3-month 1.6247 I6A-6-month 1.6240 ***** (X B( Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m 1mm 28: Singapore dollars
        1,110 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen end firmer
        1517 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended slightly firmer yesterday as strong sentiment continued to fuel intraday buying interest, dealers said. "There was strong buying interest but topside gains will be limited to the 96.12 level (in December)," said one commission house dealer.
        Reuter  -  1,517 words
      • Article
        KL tin edges up from record low
        623 14 COMMODITY REPORTS Tin TIN recovered slightly after slipping to a new record low of MS 12.74 a kg last Friday, with local buying support pushing the market higher to close at VIS 12.76. up two cents. Traders said a higher London market last
        623 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Sinochem halts oil product exports
          69 14 TOKYO Chinese national oil trading company Sinochem has suspended exports of petroleum products on a government directive due to the weakness of the renminbi yuan, a Sinochem source said. He described the suspension as "temporary, onlv for some davs or some weeks." The suspension does
          69 words
        • Article
          Copper faces test at US$1,900 level
          70 14 TOKYO Traders in Asia say they are cautiously optimistic about the copper market in the near term, noting that the technical picture looks constructive despite expectations for a quiet end to labour contract talks at US producers this week. If copper fails to break
          70 words
        • Article
          Japan's aluminium imports up
          54 14 TOKYO Japan's imports of aluminium continued to increase in May. bringing Jan-May imports up 13.5 per cent on the year to 811.957 tonnes. according to the Ministry of Finance. Copper imports were down in Ma> from a year earlier, but Jan-Mas imports were slightly higher on
          54 words
        • Article
          Thailand buys gas oil cargoes
          95 14 SINGAPORE The Petroleum Authority of Thailand bought at a tender two 25.000-tonne gas oil cargoes at premiums of about 70 US cents to Singapore spot quotes, c and f Bangkok and Sri Kacha. said regional traders. One cargo is for July 10-15 delivers while the
          95 words
        • Article
          Japan 1st quarter tin demand down
          55 14 TOKYO Japan's domestic demand for tin metal fell 6.4 per cent in Jan-Mar to 7.082 tonnes from a year earlier, according to the Japan Mining Industry Association. Tin use in the period by solder makers the largest demand sector fell 4.1 per cent on
          55 words
    • Article
      COMMODITY PRICES
      1688 14 Rubber June 28 HAS Commodity Exchange (futures dosing as at 1pm) RAS (physical price*) RSS 1 Contract (S ccnts/kg) Buyers Sollors Close Volume (Scents/kg) Month High Lo» Sett (tonnes) Interest RSS 2 Jul\ 93 129.50 I30 50N —:777s RSS 3 Juii 93 ***** 130 TON i n?'nn hots
      1,688 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1072 15 14.7 The share market closed nearly 1 per cent higher as gold stocks and key blue chips gained ground yesterday "Gold was up and took the rest of the market along with it." said Diane Jenner of Dicksons Ltd. The surge defied concern that the market might drift lower
        1,072 words
      • Article
        Manila
        604 15 13 Share prices closed higher in a technical rally yesterday, brokers said. "It was largely a technical rally that pushed the market up due to some bargain-hunting and appreciation of gold prices." said Joseph Roxas ot R Coyiuto Securities Inc. The decision by popular politician Richard Gordon to stay
        604 words
      • Article
        Seoul
        440 15 -15.05 Investors went on an across-the-board selling spree in very low trading levels, dragging the stock market sharply lower for the second straight session yesterday. Analysts expected the market to remain Hat today but they were divided over future market direction. The Composite Stock Index shed 15.05 points to
        440 words
      • Article
        New Zealand
        262 15 12.25 New Zealand shares crept up to their highest close in almost three years, but on low volume. Telecom rose to a record high of NZ$3.l5 as the stock realigned itself to its price in the United States. Fletcher Challenge was also firm, gaining four to 52.69. and
        262 words
      • Article
        Taipei
        592 15 -98.83 Taiwan share prices plunged to close 2.4 per cent lower after bearish investors dumped shares in the last hour, brokers said. The Weighted Index ended 98.83 points down at 4,044.46 in thin turnover of NTS 16.6 billion. Weakness in the Big Three banks, which fell between NTS 3
        592 words
    • WORLD STOCK MARKETS
      • Article
        London
        603 15 +9.5 Shares prices ended with a firm undertone yesterday, although the market closed below its early highs and trade was sluggish, partly as a result of the usual midsummer business lull, traders said. The FTSE 100 Index closed up 9.5 at 2.897.0. Strategists said the market is seeking to
        603 words
      • Article
        Paris
        137 15 +30.11 Shares rose 1.54 per cent to their highest close since April 14, pulled along by money flowing into cyclical stocks and by positionsquaring ahead of futures and options expiries this week. Dealers said the market may rise a bit further, but they doubted it would push much beyond
        137 words
      • Article
        Stockholm
        142 15 1.13pc Swedish shares ended 1.13 per cent higher after the dollar again posted strong gains against the crown. Dealers said turnover was low, totalling only 665 million crowns, and trade was thin and mainly foreignbacked. "There were no Swedish sellers on the bourse today, in fact there were hardly
        142 words
      • Article
        Frankfurt
        171 15 11.96 German shares expanded their gains in the course of the bourse session. The DAX 30 index ended just off the day's high on the back of a higher dollar, firmer German bonds and speculation on a German interest rate cut on Thursday. The DAX 30 was up 11.96
        171 words
      • Article
        Amsterdam
        280 15 +2.76 Dutch shares had a good session yesterday considering the waning volume of summer trading. Hopes for German interest rate cuts on Thursday and an initially strong dollar pushed prices higher, aided by a shortage of sellers. But the EOE Index slid from a high of 325.37 to end
        280 words
      • Article
        Zurich
        241 15 11.76 Swiss shares continued to rise after the market had already reached a record close last Friday, led by firmer banks, chemicals and Nestle in average volume. Dealers said the market could not be restrained despite being technically overbought. The SMI index of leading shares added 21.5 points to
        241 words
      • Article
        New York
        625 15 22.42 Blue-chip stocks shot higher at midsession yesterday. bolstered by another drop in bond interest rates. The Dow Jones Industrial Average was up 22.42 points at 3.513.31 at 1 pm EDT. In the broad market advances swamped declines by a 2-to-l margin on the New York Stock Exchange,
        625 words
      • Article
        Brussels
        202 15 +2.91 Belgian shares closed higher for the 16th consecutive session despite some profittaking after the Bel-20 index of leading shares touched a new all-time high in early trading yesterday. Rising bond prices, a strong dollar and continuous bullishness were seen as the main reasons for yesterday's rise. The Bel-20
        202 words
      • Article
        Johannesburg
        322 15 -3 South African gold shares burst higher in opening trade yesterday to take the gold index to its best level in over three years but soon found support from bullion lacking and faded towards the close. The gold index made 41 points, or 2.2 per cent, to 1.896 by
        322 words
      • Article
        Toronto
        254 15 -29.75 Plunging Northern Telecom and BCE Inc shares kept the Toronto market in a downward spiral at midday yesterday, traders said. Northern shares fell 95/8 to 37-3/4 in heavy volume. Plummeting shares in the telecommunications equipment giant sent the industrial index tumbling 94.86 points, or 4.18 per cent, to
        254 words
      • Article
        Milan
        118 15 12 Italian stocks ended higher, led almost entirely by telecommunications shares while the rest of the the market sagged. The Milan market's MIB index ended 12 points higher at 1.991 after ending unchanged last Friday. However, much of the index's gains reflected rises in aftermarket trading last Friday. Milan
        118 words
      • Article
        Untitled
        759 15 Britannia Funds sterling CMh Bid CMfcf Mim < ap Deposit WOU 38 6500 MimJer*>C.iN 0 1813 OIW M.m Max Iik.kiv «0H00 *1 0300 I S$ C ash IrKume Plus Fund 10 4700 *****0 PS Rcsene Fund 5 2100 5 2200 Sterling E<|uil\ Euro Performance 0 4512 0 413# Fat East
        759 words
    • Article, Illustration
      Lock icon HONGKONG
      2972 16 Reuter HONGKONG Share prices finished sharply higher yesterday as market sentiment was boosted by the weekend announcement that more talks would be held on Hongkong's controversial new airport, brokers said. The blue-chip Hang Seng Index closed up 134.02 points, or 1.91 per cent, at 7,148.10 while the broader-based All
      Reuter; Source: Bridge Info  -  2,972 words
    • Article, Illustration
      CHINA
      440 16 HONGKONG Shenzhen's switch to trading in Hongkong dollars did little to liven up the B share market for foreigners yesterday, Hongkong brokers said. Exchange authorities blamed dismal recent turnover partly on the switch earlier this year from trading in the Chinese yuan to US dollars, and expressed hope that
      440 words
    • Article, Illustration
      Lock icon TOKYO
      2509 16 Reuter TOKYO Stocks ended firmer yesterday but the Nikkei failed to reach 20,000 on profit-taking. Sentiment was supported by the result of Tokyo city council elections, in which the ruling party managed to add a few more seats, giving investors some relief from earlier concerns over the nation's politics.
      Reuter; Source: Bridge Info  -  2,509 words
    • Article, Illustration
      Lock icon BANGKOK
      1734 16 Reuter BANGKOK Thai stocks slid across the board in the afternoon yesterday but clawed back slightly before the day's close on technical buying, brokers said. The SET index dropped 12.02 points, or 1.34 per cent, to close at 884.54 on moderate turnover of 4.84 billion baht. Earlier in the
      Reuter; Source: Bridge Info  -  1,734 words
    • Article, Illustration
      Lock icon JAKARTA
      1084 16 Reuter JAKARTA Share prices closed mixed in slow trade yesterday. Panin Bank slipped 125 rupiah to 1,700 in heavy trade after the company confirmed a share placement. "Rumours said the placement would be below present market levels, which put pressure on the stock." a broker said. Another broker said
      Reuter; Source: Bridge Info  -  1,084 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2309 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume 18.066.000 15 040.000 FACB 50c 11.051 000 7.578.000 \MDB50c 4.563.000 Multi-Hurposc 4.541 000 Bcrjaya Ciroup 4.324.000 kcmavan 50c kamunting MXInd Oxygen 50c 3.436.000 MBfCapital Faber Group 3 405.000 Bedford 50c 2.%0.000 MOST ACTIVE value 27.426.770 13.620.485 Idns H>d MX'
      Source: Bridge Info  -  2,309 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices up broadly with return of speculators
        5371 17 Bernama KUALA LUMPUR Share prices here finished broadly higher yesterday, boosted by the return of both speculative traders and bargain-hunters to the market after last week's falls. The KLSE Composite Index rose 13.27 points to 722.07 from Friday's close. The 85-stocks index had
        Bernama; Source: Bridge Info  -  5,371 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Prices rebound but sentiment remains cautious
        6708 18  -  By Sylvia Wong SINGAPORE Share prices rebounded across the board yesterday after a fortnight of lacklustre performance. But analysts and dealers said the local bourse was not out of the woods yet despite the Straits Times Industrials Index's 11.47point rise to 1,783.14. They believed
        Source: Bridge Info  -  6,708 words
      • Article, Illustration
        Lock icon Malayan United Industries
        71 18  -  HOT STOCK Quak Hiang Whai MALAYAN United Industries is going through a correction after reaching a high of $2.49 last month. The stock is supported at $1.90 for the time being, which is actually the last major resistance level before it broke out in May. The daily
        SOURCE: BRIDGE INFO  -  71 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      104 9 x B€ L Voyager. The first automatic watch with a synchronized bezel that continually displays time in major cities of the world's 24 time zones. High-frequency mechanical movement. Extended idle power-reserve. Rapid self-winding mechanism. (28*800 vibrations/hour). Three-piece case water-resistant to 30 > metres. Available with metal, handassembled bracelet or water-resistant
      104 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      171 10 Dividends table has been held over This advertisement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for bonds 29June, 1993 European Investment Bank U.S. $500,000,000 5.25 per cent. Bonds due 1998 Price: 99.24% Lehman Brothers Securities Asia Limited Wardley Limited
      171 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      306 11 To become a managing director, I you have to I start talking like one. In today's fiercely ___So you'll never be at a competitive corporate loss for words, or fresh topics world, the impression your of conversation. But whether "tonvfeVsation makes is often I g the issues are local or
      306 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      491 13 BASED ON THE NO.I INTERNATIONAL BESTSELLER BY DR. STEPHEN R. COVEY This 3-day workshop focuses on the personal and Th' ,s program will address the following. organisational implementation and application of A new look at Leadership Vs Management the principles taught in the internationally best 7 Habits of Highly Effective
      491 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      474 14 rofessional Nominee, Full Accounting and Administration Services vailable at reasonable cost. Ready made Companies available can offer shelf companies from certain jurisdictions for delivery on the ime day within Singapore T 8.V.1 3 ISLE OF MAN n BAHAMAS 1 JERSEY "t BELIZE 3 LIBERIA "J COOK ISLANDS 1 MADEIRA 1
      474 words
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      Page 14 Advertisements Column 2
      40 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 11 KI ii 111 \tj Make new business contacts through classification -rfs. 203 in The Straits Times Classified. c.a.t.s. 737-»166
      40 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      131 15 When was the last time you ft rtTT THE SWEETNESS OF had a sugar-rich meal? An hour THE BITTERNESS OF SUGAR, sugarcl "Pdm 1 w df- slim easy C—7 A Although we know that it is Bg j< 4 'I w i jRn GUARD AGAINST SUGAR CALORIES K 4m **3
      131 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      28 17 Hr jjtew at over 10 million establishments/ MasterCard puti^Ji;%J )> you easy access to cash at 300,000 bank blanches'' YOU'VE GOT THE WHOLE WORLD ATMS IN YOUR HANDS- ..I
      28 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      135 18 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OEM* process, plus the fact that we deal direct with our customers. You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000. thanks
      135 words
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  • SPORTS
    • Article, Illustration
      Lock icon Becker to face Stich in all-German quarter-final
      594 19 Wimbledon AP WIMBLEDON Former champions Boris Becker and Michael Stich set the stage for an all-German quarter-final showdown at Wimbledon with impressive fourth-round victories yesterday. No 2 seed Stefan Edberg and No 3 Jim Courier also advanced. Becker, the No 4 seed, beat
      AP; Reuter  -  594 words
    • Article, Illustration
      Lock icon Price overcomes nerves to win Hartford Open
      489 19 Golf AP CROMWELL. Connecticut After striking the ball so well at the US Open and finishing only in a tie for 11th because his putting touch had abandoned him, Nick Price was questioning his game. He found the answers and his seventh PGA
      AP  -  489 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Tennis
        237 19 AFP AFP LONDON A report that Monica Seles will be unable to play for the rest of this year after her stabbing in Hamburg in April was denied yesterday by her agent at Wimbledon. "The report carried in Germany's Fonts Magazine and subsequently reprinted in numerous press reports worldwide
        AFP  -  237 words
      • Article, Illustration
        Lock icon Baseball
        74 19 Reuter NKW YORK American league Sunday: Boston 8 Detroit 2: New York Baltimore 5: Toronto 5 Milwaukee 4: Minnesota 2 California 0; Chicago 6 Seattle 4: Cleveland 3 Kansas City 2: Texas 4 Oakland 0. National: Houston 3 Atlanta 0: Pittsburgh 4 Philadelphia 3 (10): St Louis 5 New
        Reuter  -  74 words
      • Article, Illustration
        Lock icon Golf
        71 19 Reuter AP CROMWKI.I, Conn. Greater Hartford Open leading final scores Sunday (IS unless noted): 271 Nick Price (Zim) 67 70 69 65 272 Dan Forsman 66 69 72 65. Roger Maltbie 65 71 71 65 274 Corey Pavin 67 65 73 69. Reuter DKARBORN. Mich. Ford Seni«»r Players Championship
        Reuter; AP  -  71 words
      • Article, Illustration
        Rugby
        68 19 W ELLINGTON New Zealand selectors yesterday announced three changes to the team for the third and deciding lest on Saturday against the British Lions. Lee Stensness replaces Froni Clarke at second live. Arran Pene replaces Zinzan Brooke at number eight and lock lan Jones has regained his place at
        68 words
      • Article, Illustration
        Lock icon Soccer
        110 19 Reuter PARIS Better known for his skills on the soccer field. French international Eric Cantona is to make his debut strutting down a fashion catwalk. Designer Paco Rabane said on Sunday that he had picked the Manchester United pla>er to parade at a fashion show in Paris in a
        Reuter  -  110 words
    • Article
      Lock icon Rotters sniff out the juicy tidbits
      941 19 NYT WIMBLEDON The Rotters were on the trail of Andre Agassi. "Who's going to ask about Streisand, then?" grumbled John "Jacko" Jackson, the white-haired dean of the pack of British tabloid reporters who proudly call themselves Rotters after the tenacious German dogs. Rottweilers. As
      NYT  -  941 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      991 19 SNNPIOIO BfCSK ISTITUTO BANCARIO SAN PAOLO DI TORINO &p.A Head Office: Turin, Italy. Singapore Branch: 20 Collyer Quay, #14-01/02, Tung Centre, Singapore 0104. Consolidated Balance Sheet Consolidated Income Statement I As of December 51, 1992 As of December 31. 1992 I 1.1 (in IH b,11,0™) I 1992 I Assets December
      991 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      538 20 id Nothing Beats A Bud. B HfwNO or HW—WP" pPIV r Thl j From spm to Bpm daHy, a good reason to 1 come down with drinks at only $3.50+* each. (Beer It House pouring drinks only). Now Playing: sosSKrcTicsDcnj" m Ladies Night Every TUcsday! For reaacvaliona, pi—w call 737
      538 words
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      Page 20 Advertisements Column 2
      260 20 WHERE TO WINE, DINE AND ENTERTAIN Com on down to Submy and dwt ttieie out I Happy Hour* 4pm tpm No cornr charja (I** far al nandard <*mki and beer I Man Sat I On Saardaf. opera kon 7pm to lam I UVtWWf it* hoctcn hand ptar» Top «0 and
      260 words
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      Page 20 Advertisements Column 3
      297 20 Delectable Yoag Doa-Fa liffrt at Chatterbox every Satarday and Saaday. 12.30 pai to 5 pai $14.50 per penoa $•.50++ per child (below 10 yis) Mezzame Saaptaou Continental It Local Afternoon Tea spread at Meziaaiae Lounge. Daily. 2 pai to 6 pai $16.00 per penoa $10.00++ per child (below 10 yn)
      297 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon No firm formula for success
      910 21  -  Sydney Pollack has a track record to prove that he is one of Holywood's most famous directors. But the failure of his film, Havana, left him reeling. Bernard Weinraub reports Bernard Weinraub NYT SYDNEY Pollack is nervous. Although he's one of Hollywood's foremost film makers
      NYT  -  910 words
    • Article
      Lock icon Balanchine celebration ends with a flourish
      654 21  -  Will Joyner discovers the problems and joys of organising a mammoth programme to commemorate the 10th anniversary of the 'death of choreographer George Balanchine Will Joyner NYT IN ITS eight-week tribute to George Balanchine. the New York City Ballet staged 73 ballets from the
      NYT  -  654 words
    • Article, Illustration
      Lock icon Archer arrows in on US-Iraq conflict
      352 21 CHATTERBOX AP AP Reuters UPI JEFFREY Archer is embarking on the publicity trail tor his new book. Honor Among Thieves. He's hoping his fictitious predictions ot a US-Iraq conflict strike a timely chord with readers. In his latest. Archer has Saddam Hussein cooking up
      AP; Reuters; UPI  -  352 words
  • Page 21 Advertisements
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      336 21 BUSINESS TIMES TOLL FREE TEL. No. 1-BQO-737 0043 FAX 734 3698 f IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) AND IN THE MATTER OF AUSTRALIAN TEA TREE OIL PRODUCTS PTE LTD (Incorporated in the Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) Notice is hereby given that the
      336 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1245 21 I TV RADIO BKF 'My j 11] l|| I*Bl** Plan of Attack, 10.30pm, SBC 5 Loni Anderson this H ®»r about rape victim ■PP^\ t 1 |r who trios to protcct herself and j* her son from the \iolent nun m mB K who attacked her and fathered v v.
      1,245 words
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  • PROPERTY & CONSTRUCTION
    • REGIONAL SKYLINE
      • Article
        Lock icon Lion Land increases land bank
        79 22 Malaysian Business Times. KUALA LUMPUR Lion Land intends to acquire the entire paid-up capital of Udachin Development and Syarikat Pekan Baru for M 547.29 million (5529.3 million). The move will increase Lion's land bank and profits from Udachin and Pekan's current developments. Udachin owns 6,546
        Malaysian Business Times.  -  79 words
      • Article
        Lock icon Gopeng moves into property
        49 22 New Straits Times KUALA LUMPUR Investment holding company Gopeng, whose core activities include quarrying and construction, plans to go into property development. Success in the construction field has opened the door to property development, the company says in its latest annual report. New Straits Times
        New Straits Times  -  49 words
      • Article
        Lock icon Northbourne sells last Sydney property
        51 22 Australian Financial Review SYDNEY Northbourne Developments has sold the last of its three Bulletin Place properties in Sydney's central business district for Asl.oB million (SSLI6 million). The property, 16-18 Bulletin Place, was bought at auction last Thursday by financial planning firm Mac Donald McGregor. Australian
        Australian Financial Review  -  51 words
    • Article
      PROPERTY WATCH
      236 22 Selected ERA transactions in the past week i i*. j'trrlT-"] *vr l— PRIVATE Jun 21, '93 1648 Guan Soon Ave Terrace 2671 (1657) FH 1.030,000 622 Jun21,'93 1542 ChangiRoad Apartment 2100 FH 425,000 202 Jun 21,93 0512 Faber Terrace Terrace 4000(2600) FH 1,660,000 638 Jun 21/93 2159 Kismis
      236 words
    • Article, Illustration
      Lock icon Pasir Panjang: new sought-after residential district
      635 22  -  With prime areas now out of reach, the west coast is looking attractive despite its drawbacks. Kooi Cho Teng reports. Kooi Cho Teng PASIR PANJANG has caught the eye of several developers, who plan to turn the once semirural area into a sought-after residential
      Photo by Chris Loh  -  635 words
    • Article, Illustration
      Sharp eye for hotel deals
      1166 23  -  A J Leow talks to Mr Isadore Sharp, the man behind the Four Seasons hotel empire A J Leow B AD times in the hotel industry gave the Four Seasons ehairman Isadore Sharp a once-in-a-lifetime opportunity In one elean swoop last August, the Toronto-based hotelier
      1,166 words
    • Article
      What a steal — $4.22m for a bungalow
      710 23  - What a steal $4.22m for a bungalow Landed property confounds as prices continue to rise, reports Lee Han Shih Lee Han Shih NOT many people can claim to have singlehandedly raised the price of landed properties in Singapore by 20 per cent, but Priscilla Shaw is one of them. Ms
      710 words
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      Page 22 Advertisements Column 1
      696 22 Svenska Handelsbanken (Incorporated in Sweden) Singapore Branch: 65 Chute Street. #21-00 OCBC Centre, Singapore 0104. Telephone Int 65-*****00 Telex: RS ***** SHBSIN Telefax Int 65-*****09 General Manager CARL-OTTO BECKVID Balance Sheet 31 December Profit and Loss Accounts ASSETS 1992 1991 OPERATING INCOME J* "E SEK M SEKM Cash 2 428
      696 words
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      Page 22 Advertisements Column 2
      485 22 Unibank The Unibank Group Balance Sheet The Unibank Croup Profit as at 31st December and LOBB Account 1992 1991 1992 1991 (DKK '000) (DKK *000) (DKK '000) (DKK '000) Interest receiveabie 24,577,629 27,155,112 Cash m hand and balances at Interest payable 16,910,007 18,863,532 call with central banks etc. 1,473,448 1,192,350
      485 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      150 23 FOR LEASE farBreakfast in a garckn terrace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balineseinspired sunken courtyard and a lily poo! set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager. Facilities Co-ordinator and exemplary concierge service. Your apartment,
      150 words
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      Page 23 Advertisements Column 2
      323 23 In the matter of THE CGMWJES ACT, CAP. 90 and In the matter of AN IS JEWELLERY PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Member* of the abovenamed Company duly convened and held at 51 Aneon Road, #02-57 02-29 Anson Centre. Singapore 0207, on
      323 words
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      Page 23 Advertisements Column 3
      860 23 National Westminster %W Bank PLC Head Office: 41 Lothbury London EC2P 29P England B-~h:<•■—-sg&ss R™ 1 r RS 28,91 F *****27 Consolidated Balance Sheet Consolidated Profit and Loss Account •t 31 December 1992 for the year ended 31 December 1992 1992 1991 I J 9I Em £m Cm £m ASSETS
      860 words
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  • Article
    A questionable attack
    533 24 EDITORIAL Sunday's surprise missile attack by the United States on an Iraqi intelligence complex in central Baghdad raises a host of questions. Was it justifiable use of force by a superpower? Was it wise? Was this dramatic military action prompted more by President Clinton s difficulties at
    533 words
  • WHAT THE OTHERS SAY
    • Article
      Let kids have their childhood
      189 24 REPORTS SHOW that in recent years, there has been a growing demand for places in nursery school, in particular those run by the PAP Community Foundation. But with PCF, the biggest supplier of this service, putting a cap on the number of places it will
      189 words
    • Article
      The attacks may backfire
      114 24 IF THE MAIN OBJECTIVE of the Kurdish militants' attacks on Turkish consulates in Western Europe was to grab world attention for their independence struggle against Turkey, then the objective was met. However, the senseless attacks might backfire. Certainly, this kind of act is not welcome by
      114 words
    • Article
      It's a social problem
      184 24 SINCE THE smoking ban came into effect, health inspectors have been giving advice or issuing warnings to vouths who smoke in public. But how long can the authorities keep at this and how much can be achieved? According to news reports, the inspectors are treading with
      184 words
    • Article
      Reveal more or lose money
      147 24 BANKS in Hongkong were attacked this week for their low level of disclosure of the state of their businesses. It should be recognised that in their clubbish world, where each one knows the other's business, this failing does not present a problem. Not immediately, that
      147 words
    • Article
      It's the central bank's fault
      191 24 IT ALL STARTED with a four-page document, dated May 26, which mysteriously surfaced and then circulated among the media and the business community in Jakarta. What the report contained was essentially an inventory of outstanding credits in December 1992 in six state-owned banks, running to
      191 words
    • Article
      Malaysia's still attractive
      214 24 IN RECENT MONTHS, there have been reports that some Taiwan investors are planning to close down their plants and move out of the country. Two major projects with Taiwanese participation the Mss billion mega steel project in which China Steel Corp was to hold a 49 per
      214 words
  • Article, Illustration
    Lock icon The Group of Seven aren't so magnificent anymore
    896 24  -  As the G7 Tokyo summit nears, Philip Bowring suggests injecting some life into meetings that have become rather stale and tiresome of late Philip Bowring IHT IT IS TIME to breathe a bit of life into that tired old circus, the annual
    IHT  -  896 words
  • Page 24 Advertisements
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      170 24 apftSß 'i m *8*» i -*'v» *<- W%f -%f-* Personal Investment and Finance Supplement 93 -''Ik J^ki a"-'" Can Singapore property prices go higher? How safe an investment are foreign properties? Where are Singapore and Malaysian stocks headed? What about Hongkong stocks? This year supplement: "Investing around the World" will
      170 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      43 24 i:i3kigg.M£Wi»!BgM G»ve me iNDGeP I'll VOO'U. MAVtTO FILL RUBBISH....* VjWe Ps NOTE. OF IWT. J OJR fc«m~pjq) <we. —J BMNMKDMMWHin.WfIN nv* DOONESBURY GARRY trudeau irX 2Sri? otui... uwk xmt this, err iouhmb, pom fruit 7ws/s it's just chococatb fj* 7 7«0 'Sf/ J
      43 words
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  • ANALYSIS
    • Article, Illustration
      Crossroads for the 'new, improved' socialists
      1445 25  -  With the LDP looking much less angelic these days, the SDP isn't appearing too devilish to the Japanese voter. S N Vasuki discusses how the party was 'born again' and why the July 18 general election is both a threat as well as an
      1,445 words
    • Article, Illustration
      Lock icon Time to move on to a more complex game
      1091 25  -  The South Korean economy has grown stunningly. Steven Brull finds out what it must do to continue to shine Steven Brull IHT IN three decades. South Korea has progressed from one of the world's poorest nations to one of the few
      IHT  -  1,091 words
    • Article
      Lock icon Switzerland seeks to make up with Europe
      700 25  -  After rejecting participation in the EEA, Switzerland is exploring other ways of cooperating with the rest of Europe. Janet McEvoy reports Janet McEvoy Reuter SWITZERLAND, whose voters shunned government plans to join a common market with the rest of Western Europe, is discovering
      Reuter  -  700 words
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  • Article, Illustration
    Lock icon Iraqi intelligence vows revenge for US missile attack
    734 26 AFP. AP, Reuter BAGHDAD The chief of Iraqi intelligence vowed yesterday to avenge the destructive US missile strike on his Baghdad headquarters, in a message to President Saddam Hussein. "We will pursue all those who try to attack Iraq and we will
    AFP.; AP,; Reuter  -  734 words
  • Article
    Lock icon HK likely to suffer when China reins in raging economy: Hang Seng Bank
    284 26 Reuter HONGKONG China is set to take tough action to control its rampaging economy and Hongkong is likely to suffer as a result, a leading bank in the colony said yesterday. In its monthly report. Hang Seng
    Reuter  -  284 words
  • Article
    Lock icon UK journalist takes Reuters to court in test case over repetitive strain injury
    213 26 Reuter LONDON A journalist's claim for compensation for repetitive strain injury (RSI) opened yesterday in a test case expected to break legal ground. Financial journalist Rafiq Mughal, 44, says he became affected with RSI in 1988 and
    Reuter  -  213 words
  • Article
    Lock icon Japan may set anti-dumping duty on yarn from Pakistan
    163 26 AFP KARACHI Japan's Ministry of International Trade and Industry (Miti) is considering imposing an anti-dumping duty on yarn imports from Pakistan. Exporters said yesterday that, following press reports in Japan that Pakistan was dumping low-count yarn to the detriment of Japanese
    AFP  -  163 words
  • Article
    Lock icon Mehta accuses Indian govt of massive cover-up
    179 26 AFP BOMBAY Controversial Indian stockbroker Harshad Mehta charged the government yesterday with trying to cover up a big payolT he has accused Prime Minister P V Narasimha Rao of taking. At a news conference here. Mr Mehta released the taped transcript of a
    AFP  -  179 words
  • Article
    Lock icon US plans to use G-7 to press trade target on Japan
    383 26 Asahi TOKYO The United States is proposing that all Group of Seven industrial nations agree to the same numerical target for limiting their trade surpluses that it has been pressing Japan to accept. It wants each G-7 nation to
    Asahi  -  383 words
  • Article, Illustration
    Let the temporary Cambodian govt become permanent
    959 26  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is a BT correspondent spec ialising in Indochinese affairs. PHNOM PENH-based diplomats of the United Nations' Perm Five (the United States, United Kingdom. China. Russia. Franee the permanent members of the Security Council) don't
    959 words
  • Article
    HK company Lupsoon in tie-up to invest in $200m Sichuan property project
    359 26  -  By Lilian Ang SINGAPORE Hongkongbased trading company Lupsoon Enterprises has joined forces with China's Chongqing Central District Development Co to invest in a $200 million residential and commercial project. Dr Lim Wu Shan, a "director of the joint-venture
    359 words
  • Article
    Family-run firm developing $350m residential, commercial projects in S'pore and China
    406 26  -  By A J Leow SINGAPORE Local firm Ho Bee Holdings has embarked on two major developments one on a prime site in Bukit Timah and the other in China. At Upper Bukit Timah. the family-run company has bought a
    406 words
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      Page 26 Advertisements Column 1
      56 26 x f Singapore's most popular Nitsukoiß Telephone System FREEHOLD RESIDENTIAL SITE AT MOUNTBATTEN ROAD DISTRICT 15 FOR SALE BY TENDER Under Instruction from Kew Estate Ltd Site area 2,692.3 sm (28,980 sf) Development: A 10-storey apartment block, potential up to plot ratio of 1.55 Closing Dale 15/7/93 by 3 pm
      56 words
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      Page 26 Advertisements Column 2
      25 26 SINGAPORE (OMM Cm Distributor of the most sought after Key Telephone System Tel: 278 7088 J China to help investors check on properties, Pg 2
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  • Shipping Times
    • Article, Illustration
      Sesdaq-listed firm investing $33m in fleet expansion
      429 27  -  By Rahita Elias SINGAPORE Marinebased Jaya Holdings Limited, which is listed on Scsdaq, has committed itself to the purchase of about $33 million worth of vessels and plans to buy more. In a statement issued yesterday, Jaya managing director Y M Pang said:
      429 words
    • Article
      Lock icon Rising yen deals heavy blow to Japanese yards
      437 27 Reuter TOKYO The rising yen has dealt a severe blow to Japanese shipyards, which were counting on new orders for liquefied natural gas (LNG) carriers to rescue them from 10 years of recession, shipping analysts said on Friday. If the yen stayed
      Reuter  -  437 words
    • Article
      Lock icon US plans stiff penalties for sub-standard ships
      187 27 Reuter OSIX) The US C oast Guard on Friday pledged stiffer fines for sub-standard ships and to bar the worst from calling at ports in the United States. "Penalties in the future will be much greater, with emphasis on higher fines, vessel detention
      Reuter  -  187 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      857 27 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bangladesh Shpg 9 5
      857 words
    • Article
      Lock icon Aussie firm seeks M'sian partner to build patrol craft
      210 27 The Star KUANTAN An Australian shipbuilding company is scouting for a possible joint-venture to construct patrol boats in Malaysia. "There is a ready market for the boats that can be marketed to the navies of Malaysia, Australia and New Zealand," Transfield
      The Star  -  210 words
    • Article, Illustration
      Lock icon Kuching handles more boxes in first quarter
      281 27 MBT KUALA LUMPUR Kuching Port increased its container throughput by 9.7 per cent to 10,145 TEUs (20-foot equivalent units) during the first quarter of 1993 from 9,245 TEUs recorded during the same period last year. Kuching Port Authority (KPA) said containerised caigo increased
      MBT  -  281 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        570 28 Vnsot Voy Wo Berth jnjwl Pqwttie VmmI Voy No Both Arrival Dqwturt iurons Port kUu'O 02 93 P04 atongside 29 06 2300 Cam«a IM, 001 93 14 alongside 2906.0800 N* SemasNio 45W P01 atongside Dwt Oaya 10 93 12 atongside 29 06/2300 Onent Queen 9320 POM atongs*
        570 words
      • Article
        CONTAINER SCHEDULES
        1902 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking Balance Rsits Ship Voy No Etb/Btr Period From To From p* l* 29 1800 1 a/1500 28/1659 28/1900 m *****0 I 28/1500 28 1659 28 1900 2 28/1700 29/0659 29/0900
        1,902 words
    • Article
      THE SHIPPING GUIDE
      10903 36 This is a list of ships loading at 1 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 j the Port of Singapore. LEGEND PN: ship calls at
      10,903 words
    • Article
      SHIPPING AGENTS
      3394 41 A X mJKT Containerline NY: Bclsin Shpg Agencies Pie Lid (SyMannc Handling Sdn Bhd (PK/PN) Accord (>roup: Accord Shpg Pie Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pie Ltd (S) Ahrenkiel Liner Service Kim Shpg Trdg (S). Alhatros Set-Air Service: Frata Shpg Pte
      3,394 words
    • Article
      COURIER SERVICES
      267 41 Abacus C ouriers Td: 545-8011. Fax: 545-1898. Air txpress Travel Td: 533-5771. Fax: 535-6144 Airborne Freight Corporation Td: 542-8844. Fax: 542-3716. *****80. Airsnift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td. 748-6322 (2 lines). 747-7421. Fax: 742-8975. CitvLink International Td: 344-3377. Fax: 345-6450. Cluster link Supplies Services
      267 words
    • Article
      AIR FORWARDERS
      1477 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aeroiiak Freight International Tel: 545-8031 Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo Now Express Td: 542-5454 Fax *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
      1,477 words
    • Article
      PORT CONDITIONS
      1740 42 ALBANIA Duress: Four vessels discharging of which 1 wheat, 1 container, 1 bulk. 1 general cargo. ANGOLA Luanda: Congestion for general berths may develop. Crude oil export from Quinfuquena remains suspended, but operations at Palanca Terminal normal. Cabinda: Port busy with general cargo. AUSTRALIA Queensland: Abbot Point: Coal:
      1,740 words
    • Article
      AIR FREIGHT SCHEDULE
      542 42 ARRIVALS DEPARTURES Op Flight rype ETA T From Op Flight rype ETD T To TODAY TODAY f NCA K.Z203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 BKK/NRT JAL JL617 B747F 0345 I TYO KAL
      542 words
    • Article
      CRUISE & FERRY SCHEDULES
      228 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA ETD Forts of Calls Port Agent Telephone No JUNE 24 24 Andaman Princess 1100 1600 Cruise to Nowhere Lines Int l Holdings 224-2763 25 25 Coral Princess 1700 2030 Cruise to Nowhere Senjon Agencies 227-8284 25 26 Andaman Princess
      228 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1574 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young. AFP THERE has been a certain amount of activity reported this week surrounding Shell. They are said to have sold their two sistership capesize bulkers Tricula/Tribulus 127,000 dwt and built 1981 to clients of Frangos in Greece. Whilst
      The information was contributed by Simpson Spence & Young.; AFP  -  1,574 words
    • Article
      DAILY FREIGHTS
      426 43 THE BALTIC Freight Index for spot dry cargo shipping rates tell to 1.502 on June 25 from 1.509. FIXTURES Tanker Trading on the tanker market ended the week on a firm note with rates reaching worldscale 53 for a Persian Gulf very large crude carrier cargo. An undisclosed
      426 words
    • Article
      TRANSPORT DIARY
      1257 43 COURSES Title: Handling Transportation of Dangerous Liquids (Ap-proved-in-Principled SDF) Duration: July 2 Dec 17 (6 courses of 3 mornings duration) Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Developmental Safety Training Duration:
      1,257 words
    • Article, Illustration
      Nakhodka: the eastern gateway to Russia
      1085 44  -  Florence Chong looks at the developments in Nakhodka in the final of a two-part article on Russia's efforts to turn its Far East ports into major freight centres Florence Chong The writer is a free-lance r journalist who visited the Russian Far East with
      1,085 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Airline chief warns airport operators against green lobby
        503 46  -  Association of European Airlines official also hits out at politicians By Dexter Lee SINGAPORE Airport operators should resist ill-con-sidered moves to protect the environment through prohibitive and intolerant aviation policies, says a European airline chief. Karl-Heinz Neumeister, secretary-general of the Association of
        503 words
      • Article, Illustration
        Lock icon Asia's Oriental Express starts rolling
        61 46 Reuter SINGAPORE Passengers relaxing in the observation carriage aboard the Eastern and Oriental Express in this promotional mock-up. Counting on snob appeal to keep it rolling, the Asian version of a European train that has been synonymous with romance, mystery and opulence made its maiden
        Reuter  -  61 words
      • Article
        Railcars made in Indonesia cheaper than imported ones
        485 46 JAKARTA Procuring railway cars using soft loans from donor countries has cost Indonesia more than producing these cars domestically, says a railway industry executive. According to the Jakarta Post, Istantoro, the president of Industri Kereta Api (Inka) the state-owned company producing railway
        485 words
      • Article
        Lock icon Southwest flying high on stable profit income
        544 46 NYT NEW YORK Southwest Airlines, rare among the big carriers because it is the only one that has made money each of the last three years, has attracted a slew of imitators among start-up airlines intent on duplicating its emphasis on lean operations
        NYT  -  544 words
      • Article
        US to decide on action against Chinese carriers
        256 46  -  From Leon Hadar in WASHINGTON THE US Department of Transport will decide within a week whether to act against two Chinese airlines alleged to have interfered with efforts by an American carrier to launch a freight service to China. US cargo carrier
        256 words
      • LOG BOOK
        • Article
          Lock icon Johor decides on dry port site
          139 46 The Star JOHOR The Johor government has decided to locate is first dry port project in Mengkibol near Kluang after a one-year site feasibility study. Mentri Besar Haji Muhyiddin Mohamed Yassin said the site was along the existing KJuang-Simpang Renggam trunk road and land
          The Star  -  139 words
        • Article
          Lock icon Kuwait takes delivery of LPG carrier
          84 46 Reuter KUWAIT State-owned Kuwait Oil Tanker Company (KOTO has taken delivery of a second liquefied petroleum gas (LPG) carrier built in Japan by Mitsubishi Heavy Industries a KOTC official said yesterday. The official said the 78,000 cubic metre Gas al-Gurain was delivered on June
          Reuter  -  84 words
        • Article
          Lock icon Daewoo wins Norwegian orders
          76 46 Reuter SEOUL Daewoo Shipbuilding and Heavy Machinery Ltd. a unit of South Korea's Daewoo Group, said it won a US$l32 million (*****.84 million) order from Norway's Westfal-Larsen Co Ltd to build three open-hatch bulk carriers. The 46,000 gross-ton multi-use bulk carriers carry paper rolls, containers, as
          Reuter  -  76 words
        • Article
          Lock icon Avondale says majority favours union
          54 46 Reuter NEW ORLEANS A majority of votes not challenged voted in favour of a union, Avondale Industries Inc said. Avondale said 3,914 of its shipyard workers cast votes but 847 ballots were challenged. Avondale said the National Labour Relations Board will review the challenged votes
          Reuter  -  54 words
        • Article
          Lock icon PIA plane descended too soon: report
          159 46 UPI KATMANDU, Nepal A Pakistan International Airlines Airbus A3OO that crashed on Sept 26 killing all 167 people aboard began its descent too early, an international investigation concluded. The report, prepared by a team headed by attorney Prem Bahadur Bista and handed to Nepal's
          UPI  -  159 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1331 46 City FltaM ETA Fight ETB MM MaM GA893 1335 GA984 0150 AdtlaMi AMAM QF81 D 11 Q' 1940 Qf82 2055 Amstert Ian GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 Athen* SQ348 2300 Auckland N235 1550 NZ36 2340 S0286 2030 Bahrain Gf 148 0905
        1,331 words
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      32 27 If you want ittherej yesterday, Fly it us todaiA -Jr ~sol Member ASM j Nakhodka: the eastern gateway to Russia, Page 18 Airline official warns against ill-considered environment protection measures, Back Page
      32 words
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      Page 27 Advertisements Column 2
      26 27 Lines and services represented by Members of the Registry of Accredited V Shipping Agents, Singapore National Shipping Association for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
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      Page 27 Advertisements Column 3
      36 27 International Freight Forwarder EUROPE LCL FCL Services -*****00 M+R FORWARDING PTE LTD STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE m Businesslimes WE K»OW ASIA
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      455 28 OTSKLINE AGENCIES (S) PTE. LTD. T ¥7 w fmTfl Tel: 226-3363 LUNt TOKYO SENPAKU KAISHA, LTD. <* "^tsoooon S m mi m I a w Bmw» mm wH ACX WOliT 228 "2806 "30.06 23 06 02.07 06.07 0107 13.07 13.07 1417 1517 ACX ULAC 196 30.06 *02.07 02.07 06.07 1107
      455 words
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      Page 28 Advertisements Column 2
      1314 28 ,y* CT *y tb, t 7 i s cx **i Y 1,1 sffitt' i I l mm. s~ w£ sl I iT» IT; »r s» ii Tf iiT xT lf7 »7 *7 ITT] 1 I<* in* ;111 i ?A I li I S» I n 3« 4« I si I
      1,314 words
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      2143 29 nnrt lei DTK iTO IARniMF quipping AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. SH,PP,NQ AOEMC,EB PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL *****64 FAX *****09 PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Q 181/ *****82 IPOH TEL: *****3/4 FAX: *****6 cIfTFi *****79 P GUDANG TEL: *****2/3 FAX: *****4 (OPNS)
      2,143 words
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      Page 29 Advertisements Column 2
      1685 29 ■UIViHiHUWI^ BUSAN IN JUST 6 DAYS TOYAMA V. 9303 ETA SIN 3RD JULY 93 VMM Very ETA ETO Fseder by S Lauraj/Laarort DESTINATIONS tTA Tha mm MATHM.DC maersk 9306 [EFHrmrr^j^i^i^FEßTrisyiTSis^^Mi 06/07 0600 HAS m IBHi CFS 05/07 2358 MRS JOH LPK PEN OAK LGB MOCI MEM ATL MIA CMS BAL
      1,685 words
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      1613 30 AQABA R OAM/ le also accepting from VESSEL VQY NO SPORE JEOQAH (VIA JEQ) S TON H BURG A WERP HAVRE WEST MALAYSIA KAMAKURA 29/125 30/6 17/7 20/7 18/7 Port Kelang. Penang DRESDEN EXPRESS 11/325 3/7 12/7 18/7 21/7 24/7 26/7 28/7 Pasir Gudang KAGA 30,126 7/7 24/7 27/7 25/7
      1,613 words
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      Page 30 Advertisements Column 2
      656 30 I FCL Breakbulk Service to: I AFGHANISTAN M4M Afghanistan Ltd., W7 I Sole Foreign Forwarder in Kabul tor all services I C.I.S.- Vottochny, Vladivostok, Moscow, Tashkent, I noi I Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata I North Korea Vietnam Mongolia Hungary ocwrans II AGENCIES (FAR EAST) LTD lUS MBHVT3TVTT!hTHHBHI
      656 words
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      Page 30 Advertisements Column 3
      1138 30 IJW I REGULAR INDEPENDENT FULL CONTAINE^SERVICE_^_^_ SL/VOY SIN ALG BCL* VAL* LHA HAM BRE# ROT ANT* FEL )RASIA SINGA 9324-3 01/07 24/07 31/07 01/08 28/07 29/07 30/07 31/07 02/08 01/08 IRASIA SHARJAH V 9325-3 08/07 31/07 07/08 08/08 04/08 05/08 06/08 07/08 09/08 08/08 JRASIA MUBARAK 9326 3 15/07 07/08
      1,138 words
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      1705 31 PTM STRAITS SHIPPING PTE LTD I MR? 10 Hoe Chiang Road #11-01 Keppel Towers I VJLA Nil QIUHBA PACITK; um c* smvici or OWHA navwwtioncoi I ACCEPTS iWFI' I CARGO OUt SJULS t i i I Mils ftCRUM VOTt KK, Skjn. Tjw 25-26 lun In Pt 29 FCL, LCL COWTAME*
      1,705 words
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      1878 31 m SINGAPORE AGENT: llOyA P&O Containers (Singapore Agencies) Pte Ltd /W% 1 1 aIITII H 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z 3-L.o. sis irs: Es a s s r r z? zkz~Zß 5
      1,878 words
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      807 32 P I toeurope m mmm v ;>;■■ ;II m w liWM| mmMM KMC I imiir WTM» I SHI wum 37W8 I 2-4/7 I 4/4 13/1 14/4 I >um i<:»we CONTAINER I EAST COAST ROOTS I va/WT rui STOUt "sro wib bwis m «ti mo ASIA SIS 4/7 7/7 20/7 23/7
      807 words
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      Page 32 Advertisements Column 2
      1847 32 <g) HANJIN SHIPPINgI FfW SIN im HAUL SEA POX VSI SJN IWE HAUI SAV I.M WYC I HMO out II MtCI mi M/I gg 1' I'} ,5'J ,J'{ I ssnr ss I;: ISSSKS" .Kissifsr s»; 11 huh mm o m ill okci i!/» "jw "o«o« g'J »"J "/J "jj I
      1,847 words
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      Page 32 Advertisements Column 3
      1414 32 LfJ—J- T (J -1 -T^Tl^ m ix ms us ns m oa kt sw no lu cm bal mt m aim mm nr hbg w> pkl i GUAMY «M 2 2»/6 H i 5/7 7/7 Ml 11/ l U/7 15/7 14/7 17/7 15/7 M/ 7 11/1 U/S U/l a/I 25/1
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      1661 33 II sex- 'NEPTUNE CRYSTAL 14E' eta Singapore 30/06/93 II y&_ II arriving LOS ANGELES IN 16 DAYS BB II AEX 'NEPTUNE RHODONITE 10E' ETA SINGAPORE 30/06/93 II Zs II ARRIVING NEW YORK IN 22 DAYS *R1 Connecting C. Saturn Voy 58E in HKG 08/08/93 tt~— ~~f'_ *^TT" —TTt alt~ rrr
      1,661 words
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      Page 33 Advertisements Column 2
      1115 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 ENQUIRIES: *****33 BLASCO ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHIPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO: **********0/N
      1,115 words
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      1465 34 44 v M AS AGENTS KAWASAKI SIN6APORE (PTE) LTD (CR No: **********0*) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W W ltT MALAYSIA: "I" LINE MARITIME (MALAYSIA) SON BHD W% m TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 X JL X Jk* INDONESIA: P.T. SARANA LAIITINTERNUSA.
      1,465 words
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      666 34 PHI LI-on If NT ums PT€ LTP V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION ggrj AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 1 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 1 JUL AUCKLAND. WELLINGTON. LYTTLETON. NEW
      666 words
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      410 34 GOLDEN LINE A IKgSV GUAN guan shipping VTxCXX (PTE) LTD 23. TiM Apr Stitt SMAPOK (1M m 5343*1 (1* IKS) Far 5J435M (01 MB. *****HMMH) ITRAIT»/>mHAH CULT IttTia S pore P Mar* Penanf GOUX* KM Dubai (/II My COLKN HAMISJ A»*J« Dub* 2f. 2t Mr CHIHA IKKTICI GOIDfN MOMXX China
      410 words
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      905 35 /aaaaffiy pacific international lines (PTE) ltd I MfH 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I *****55? miimCRNO **********0E I I VESSEL VOY SIM CMB JIB JED AOJ «<» I KOTA WIRAWAN WRNO27 30/6 5/7 11/7 14/7 16/7 IS/7 IS/7 I KOTA WUAYA WJAO27 15/7 21/7 27/7 30/7
      905 words
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      Page 35 Advertisements Column 2
      811 35 Igliaiii^H WSSELS VOY VIA FEEOCII STOW HAfUKC KOITIKPAM ANTWEKP THMES IC HMVC "1 MILE DC VENUS »22»* 03/07 30/07 01/0* 02/00 M/M 05/0 ra mi mm 12/07 <*_m 00/oo mm io/o» 12/00 Witt 01 FONTAM 9«?5W 17/07 13/00 IVM lt/0 17/01 1,/ M ICLIAS MACIDOMA »42tW 2S/07 20/00 22/00 23/00
      811 words
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      Page 35 Advertisements Column 3
      838 35 BSA M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf LOW** ll«* In Port HPA-AN VU2W 01/03 M PAGAN VI99W 06 08 M MALATSIA AGENTS BOUSTEAO SHTPMG AGENCCS All TEL 03-*****00 PKI: TEL 03 Htt?S7 PEN TU 04-SUIJS PGD: TEL 07 *****1/4
      838 words
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      2667 38 Full Container Liner Services Malaysia* Agents: Indonesia's Agents: General Agents. Sod.ii* Afwte Cmi. Com Shipping Sdn Bhd Chung Chiao Stopping Sdn Bhd P.T. Global Frtra Indonesia Maritime Costar Shipping Rte Ltd ZEES!***" L 3 r m "JL'itZ?" MSMSS.I 500 of .07-05/07 SIXSX. 2Tl*£* ******1. To* 121) *****39 *****99 2n2?OW Smtapor.o6l7
      2,667 words
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      646 39 jjg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 05/07 ROTTERDAM 05/07 AARHUS/COPENHAGEN 05/07 HAMBURG/BREMEN 05/07 MARSEILLE/FRANCE 01/07 FELIXSTOWE/UK 05/07^ BARCELONA/SPAIN 01/07 LEHAVRE/FRANCE 05/07 GENOA/ITALY 03/07 ANTWERP/BELGIUM 05/07 LOS ANGELES/WC/IPI 01/07 SYDNEY/MELBOURNE 30/06 NEW YORK/EC 01/07 FREMANTLE/ADELAIDE 30/06 VANCOUVER 30/06 BRISBANE
      646 words
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      Page 39 Advertisements Column 2
      640 39 W TEL: *****33 (12 Lines) 21 FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Lines) PL\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOADING FOR SPORE ANOINE T 31WB 06/08 OARESSALAAM. MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 33W8 ovoi DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      640 words
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      Page 39 Advertisements Column 3
      614 39 BANGKOK T1 wssa ~voy m *t vcsm voy smgapore Bangkok THANA BHUM 36S In Pt 2/7 lEIHA BHUM 02N In Pt 20/0 fri 2/7 GURU BHUM IS7S 30/6 57? PtYA BHW 288N In Pt 29/6 Fn_ I JUTOia MS w OTt JMN._JS«? 30/6 4/7 Ml mm BHUM 81N Thy 1/7
      614 words
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      Page 39 Advertisements Column 4
      336 39 pi DONGNAMA LINE CONTAINERISED SERVICE STItAITS/BLW/INC/MN VESSEL ["IS Bill W6 KC B» TuisoAs nom 4/7 t/7 in u/7 i\n MALAYSIA &<*» *307* 11/7 13/7 14/7 IS/7 25/7 21/7 HONGRONE GLORY *307* 17/7 15/7 21/7 2/» 4/1 mm nm un an nn an «/i n/i ROUND THE ASIA SERVICE fcSSEL Sf€
      336 words
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      1612 40 mjfcflMN CONTAINER LINES r(\=/\~_~| Agents: MAC-NELS SPORE: *****22 (24 LINES) jj jdV SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 j I HKG/TWN/BKK GOTH/UKC/MED PORTS j PEN PKL SIN EVERY TUE/THUR/SAT p EN PK SIN 5 29/6 30/6 1/7 Hon t Kong Ldn/FI«/Rdm/Ant/LHV/Ham
      1,612 words
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      Page 40 Advertisements Column 2
      189 40 SEAWARD SHIPPING AND f TRADING CO (S) PTE LTD EM HI OA SPOKE mi KELMK PtNANC nit IMK V 7 h PI Lo«kn( tor M* tßwfkokl KJVN HUGH) 30'4 LoiOirg tor Cikutta DOW4R r<*t loadirg foe M* PHM£R SUP»M 1/7 loading For HUI* UMMUDH S*M Loading Foi Mate ntoottss inn
      189 words
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      Page 40 Advertisements Column 3
      917 40 Z THONG SOON LINES PTE. LTD. Ms 78 SHENTON WAY #10-01, SINGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE: *****55 7 SINGAPORE TO SARAWAK VESSEL vor SPOtE PEST VESSEL VOY_ SPORE 'DEST EQUATOR 111 92/3E 30 JUN KUCHING EQUATOR
      917 words
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      55 43 I —-i "the Executive Housekeeper -this hotel I O I I wants is me. Bob I'll never neglect L. Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN
      55 words
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      Page 43 Advertisements Column 2
      19 43 (fw~^V EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. \woMon9 Business Times mtmmAm
      19 words
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      739 43 TODAY'S TIDES (he»t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1800 1900 2000 2100 2200 2300 ft 09 0.1 10 1.2 1.6 19 2.1 22 2.1 18 1.5 1.2 1.0 1.0 1.1 1.3 1.7 22 2.5
      739 words
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      595 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MAWLA LOADING EVERY VIGOUR SINGAPORE 56N8 25/06/93 03/07/93 FRDAY AND MONDAY VIGOUR SINGAPORE 56ANB 28/06/93 03/07/93 vigour pacific Zim 02/07/93 iKKffi VIGOUR PACFIC 21 Aflß 05/07 93 10/07/93 VIMW Pacific pop j T KL^/p EN A N G FULi: CONTAINER SERVICE
      595 words
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      Page 44 Advertisements Column 2
      348 44 Ru| FREIGHT MANAGEMENT^ B GENERAL: *****11 BOOHING: *****55 United Kingdom/Europe FELIXSTOWE, LONDON, LE HAVRE, ROTTERDAM, ANTWERP, HAMBURG Also accepting: All inland European UK destinations. South America, Eastern Bloc Western Africa points via Antwerp. J BOMB* EES FREIGHT SERVICES PTE LTD H #01-60 Wallich Building, Singapore 0207 IB 3 TlI Tel:
      348 words
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      Page 44 Advertisements Column 3
      421 44 O.K. LINE CAHAYA SAMUDERA SHIPPING (PTE) LTD FULL CONTAIMER SERVICE SPORE JAKARTA/SEMARANG/SURABAYA/P. KELANQ/PENANQ wcssa voy sm kt sue SBY rw pkg KMttMA MVA I 379/3 M «/7 »/7 4 TAKAKI I l IM/1 160 2/7 4/7 SWAOAVA 051/052 1/7 2/7 I TBR-1 2/7 5/7 t TBN-2 4/7 7/7 TBH-3 «/7
      421 words
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      843 45 /HYUNDAI HERCHANT F WESTBOUND TO EUROPE [VESStLS VOY 1 PWA I PKE I PSD VESSELS VOY_ SK »TM Mff* LEH* HAM WEJ FEL_ I MM tDVANCF 21* 29/06 30/06 01/07 SI MAMfCR 305# 05/07 23/07 23/07 24/07 25/07 25/07 27/07 I %ni mi M/ 07 jw w» »/•> •>'« I
      843 words
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      Page 45 Advertisements Column 2
      591 45 STRAITS/ JAPAN/ STRAITS SERVICE I P SPECIALIST IN RO-RO HEAVY LIFTS I E INBOUND VESSELS I j| vissti wi v 111 rki IMOIT AH 1 W (IMAtaPt) 111 LCOSMC CMALLUttI tab- 111 IE COSMIC MASTER 21 1/7 111 l*j SEAI lACAYA M l»/7 |II Gf ASIAN TRAOER 21 1/1 111
      591 words
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      Page 45 Advertisements Column 3
      915 45 {SSEI I VOY ISM ETA/Oi LAX OAK IHOU PAL CHI/COL I MEM I NOR I NYC ENRY HUDSON BRPGE 0067 A 01-02/07 H/07 20/07 21/07 22/07 22/07 23/07 23/07 24/07 iLLIGATOR TRRJMPH 0047 A (X-OT/07 25/07 27/07 21/07 29/07 25/07 30/07 30/07 31/07 lACKMAC BRIDGE 0065 A 15-14/07 01/01 03/01
      915 words
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      5 46 <310M;V. Tomorrow in Business Times
      5 words
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      Page 46 Advertisements Column 2
      53 46 ANALYSIS Tomorrow in Business Times Fly Finnair's new MD-11 the world's most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from
      53 words
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  • MARITIME CHALLENGES 93
    • Article, Illustration
      Surviving the perils of the sea
      461 47  -  By Juliette Walker FIVE CENTURIES AGO. some mariners i worried about being eaten by sea monsters. Others feared falling off the edge of the earth. And from many a crow's nest, lookouts 1 scoured the horizon for dreaded buccaneers. < Today's maritime industry has
      461 words
    • Article, Illustration
      Asia: bright spark in gloomy environment
      1162 48  -  Asia's buoyant economic growth is giving liner operators a means to ride out the stormy seas now facing world shipping, says Chan Tuck Hoi Chan Tuck Hoi The writer is managing director of Thai-based Regional Container Lines. The article was reprinted from a speech
      1,162 words
    • Article, Illustration
      Lining up for better times
      820 49  -  As liner shipping steers its way into calmer seas. Tang Koon Heng maps out the route NOL has cnosen to navigate Tang Koon Heng I he writer is manager of SOI. v corporate planning department THINGS are looking up for liner operators. The long-an-ticipated recovery
      820 words
    • Article, Illustration
      Lock icon Has the boom hit the ceiling?
      990 50  -  The scorching rise in dry bulk freight nites seems to huve cooled. Rdhitsi Eli<is explores this issue und ulso looks at the future of the tanker market Rahita Elias The writer is section head of shipping and transport for Business Times DONT BE too
      Source: SSSY Research Services  -  990 words
    • Article, Illustration
      An uphill battle for tanker owners
      786 50 AT A RECENT meeting of major tanker owners in Hongkong two months ago. the refrain among the speakers and delegates was: "Fleet renewal and quality tonnage." Members at the International Association of lanker Owners (Intertanko) meeting agreed that older vessels should be scrapped to
      786 words
    • Article, Illustration
      Singapore shiprepair market still healthy
      911 52  -  Loh Wing Siew gives a wrap-up on how the shiprepair industry is faring, its prospects and challenges Loh Wing Siew The writer is managing director of Keppel Shipyard Aftlr slvkral spectacular years. Singapore's shiprepair market has softened, especially towards the close of last year. Shiprepair
      911 words
    • Article, Illustration
      A commitment to raising safety standards
      956 53  -  Sembawang Shipyard reveals some of the steps it has taken to improve safety since fire erupted aboard two tankers in the yard last year Sembawang Shipyard Following two tanker accidents recently aboard the St oil Spur and the Indiana. Sembawang Shipyard has renewed its
      956 words
    • Article, Illustration
      Safe and sound in the Singapore, Malacca Straits
      933 54  -  Heavy traffic and recent collisions have raised a storm of debate over the safety of shipping in the Malacca Straits. Teh Kong Leong highlights the array of measures already guarding safe passage Teh Kong Leong The writer is director of the Marine
      933 words
    • Article, Illustration
      Oil spill response: Japan pushes Asean for preparedness
      637 54  -  Koichi Hasegawa talks about the Japanese projects to prevent oil spills in the Malacca Straits Koichi Hasegawa I'he writer is general manager of the overseas research Jeikirlment lor the /V--trolemn Association at Japan JAPAN has been actively promoting the ability of Asean
      637 words
    • Article, Illustration
      Satellite technology signals safer future
      910 55  -  Duncan Fiskcn ungues for u Jircutcr use ot low-cost, satetv-enhuncins equipment nude tixjiLiblc b\ satellite technologv Duncan Fisken The writer is group managing direi tor of C ommunieations Systems Engineering Pte Ltd SATELLITE technology and the resulting range of low-cost user equipment have probably been
      910 words
    • Article, Illustration
      Quality assurance key to preventing disasters
      875 55  -  The trend towards quality management certification is sweeping across companies around the world, Cash on why far-sighted players in shipping are trying to catch the wave Paul Cash Ihe writer is manager of agency senium tor tasteri Maritime Seniees. listen Maritime is a Sim;a[M>re-based
      875 words
    • Article, Illustration
      Investing in the human factor
      1201 56  -  A mysterious haze often surrounds the whvs and hows of maritime accidents. But clearly, well-trained, competent crew are a ship's best safeguard against disaster. Capt Ronald Vardon gives a tour of maritime training at Singapore Polytechnic Capt Ronald Vardon The writer heads the Department of
      1,201 words
    • Article, Illustration
      Where prevention is the watchword
      706 56  -  Singapore's Neptune Orient Lines has reason to be proud of its squeaky-clean safety record. Shipmanager Lim Tau Kok shares the national carrier's strategy for maintaining a safe fleet Lim Tau Kok I lie writer is general manager of Septum' ShipmanaiU'incnt Scniccs I'll• l.ld. a uliolly-onm'd
      706 words
    • Article, Illustration
      Lock icon Double trouble with double hulls?
      1433 57  -  Tanker owners hold their heads when they think of the work ahead to meet US and international double-hull requirements. Ramesh Divyanathan explores the possible impact ol these regulations Ramesh Divyanathan I lie writer is a HI reporter COMPOSITION of the world tanker tleet ean be
      Source: Dremry Shipping Consultants  -  1,433 words
    • Article, Illustration
      OPA 90: the legal aftermath
      725 57  -  Dr Helmut Sohmen looks at how the US Oil Pollution Act of 1990 may affect the maritime industry Dr Helmut Sohmen The writer is chairman of Hongkong-based H orld- Wide Shipping Group Lid THE US Oil Pollution Act of 1990 (OPA 90) has causcd significant
      725 words
    • Article, Illustration
      An oily mess
      1122 58  -  When an oil spill accident occurs, who pays and how much? Clyde Co explains Clyde Co Recent oil spills from the vessel .lfgean Sea otY Spain and the Hracr in Scotland have refocused attention on compensation for maritime disasters. The issue of compensation first grabbed international attention
      1,122 words
    • Article, Illustration
      Who should pay for safety?
      1145 59  -  Ramesh Divyanathan looks at which costs shipowners and carriers can pass on to their insurance companies Ramesh Divyanathan The writer is a BT reporter Most people hate getting soaked by a downpour. But few would bother to pay SlO for an umbrella when the sky
      1,145 words
    • Article, Illustration
      Keeping Blackbeard at bay
      1206 60  -  Danish shipowner AP Moller advises captains on how to deter piracy attacks, and how to protect the crew, should the pirates succeed in boarding the ship AP Moller PIRACY is a global problem, affecting ships at sea and in ports in West Africa, South America. India
      1,206 words
    • Article
      On the look-out for pirates
      688 60  -  Mazlan Abdul Samad looks at the role of the still-infant Regional Piracy Centre based in KL Mazlan Abdul Samad The writer is Far Last regional manager for the International Maritime Bureau in Kuala Lumpur THE REGIONAL Piracy Centre in Kuala Lumpur, now over six months
      688 words
    • Article, Illustration
      Fighting the sea bandits
      927 61  -  Commodore Tuan Hashim looks at KL's efforts in the Malacca Straits, while Captain Syawyn Hamid discusses Jakarta's tight in the Phillips Channel Commodore Tuan Hashim Captain Syawyn Hamid The writer is director of the Maritime Enforcement Coordinating Centre in Malaysia THE international shipping community has long
      927 words
    • Article, Illustration
      Joint efforts to combat piracy
      489 61 THE PROBLEM of piracy in the Phillips Channel has highlighted the need for closer cooperation between Indonesia and Singapore. In fact, the two governments agreed last year to launch joint patrols to fight the marauders. The basic approach is to develop one set of operations
      489 words
    • Article, Illustration
      PSA's strategy to remain competitive
      1200 62 The Port of Singapore Authority explains why it views the growth of neighbouring ports like Pasir Gudang and Port Klang as complementary and not as a competitive challenge OVER THE PAST few years, the Port of Singapore Authority (PSA) has seen container traffic grow steadily
      1,200 words
  • Page 47 Advertisements
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      Page 47 Advertisements Column 1
      296 47 We have the whole world in our hands i jisi We provide only top quality, cost effective services and are committed to the support of the maritime industry in Singapore and the regional economies FREIGHT LINKS EXPRESS GROUP OF COMPANIES 62 Toh Guan Road #05-00 Freight Links Express Distripaik Singapore
      296 words
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      Page 47 Advertisements Column 2
      113 47 w v IBlwilt^H WHBm >1| High hopes Industry leaders in the liner, bulk and marine sectors outline why they are optimistic about the future. Pgs 2,3,4,6 Strait safety Although ships navigating the busy Malacca and Singapore straits are protected by a slew of safety precautions, still other measures are under
      113 words
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      Page 48 Advertisements Column 1
      76 48 [KCL> Regional Container Lines Leader in Regional Container Shipping Our 1288 TEU 4th generation container feeder vessel launched on 12 February 1993 in Ulsan, Korea and delivered on Bth June 1993, has joined our 3 x Superfeeders, "Nanta Bhum," "Maha Bhum" and "Piya Bhum" on the daily Bangkok-Singapore fixed day
      76 words
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      Page 48 Advertisements Column 2
      102 48 JB ShW# V W. m'^ii^^^HP %V';. \f"'^| GLOBAL SERVICE Zim's fleet of 85 vessels calls at 250 ports with 21 shipping lines, faithfully serving 20,000 customers world-wide. ZIM LEADING THE WAY ACROSS THE SEAS i 1 7mwo > j /i RELIABILITY FREQUENCY EFFICIENCY HEAD OFFICE: HAIFA ISRAEL 7-9 Pal-Yam Avenue,
      102 words
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      Page 49 Advertisements Column 1
      174 49 JLMJUK •rA fl f" jf rl he European Community is a market of 320 million service in the Far East. And, in addition to our feeder services I people spread over 12 countries. To reach them quickly, throughout Europe and new markets here, we can provide I conveniently and securely,
      174 words
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      Page 50 Advertisements Column 1
      111 50 KK FUJI TRADING (SINGAPORE) PTE LTD SB£l, Z Hp jg[ Th© One-Stop U J' Trading Singapore is part of an international network that offers a Marine Supply diversification of services and products to the shipping industry worldwide. This And Engineering includes marine supplies, engineering works, p technical consultancy to agency,
      111 words
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      Page 51 Advertisements Column 1
      273 51 ■■Premier shiprepairer and shipbuilder■■ <ai JmMi J l v/*"a yttMy ,JEflßt£ office Address: 325 Tetok Blangah Road Singapore 0409 Tel *****66 (20 lines) Telex RS ***** Cable Keppeldok Fax: *****76 4 ry a Postal Address: Robtnson Road PO Box 2169 Singapofe9o4l j »#'"7 ll K@DDBI anlDUflnl Tuas Shipyard :51 Pioneer
      273 words
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      Page 52 Advertisements Column 1
      102 52 In the Forefront of Training for the Maritime Industry That's why the Singapore Polytechnic is in a position to train your shipping personnel. Sign up for these courses: Basic Advanced Petroleum Tanker Safety Courses Tanker Safety Courses Basic Fire Prevention, Protection Business Law for Shipmasters Course f Testing Analysis of
      102 words
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      Page 52 Advertisements Column 2
      33 52 V f l Vjg NtfrfMK *<; I v CONSULTING AND ►B Jk TECHNICAL SERVICES s >* MARINE SERVICES INC 1 Scotts Road #17-08 Shaw Centre Singapore 0922 Tel: (650 732 3230 Fax: (65) 732 3538
      33 words
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      Page 53 Advertisements Column 1
      122 53 The Shipyard Of Distinction IRoviding innovative solutions in shiprepair and conversions with superior customer service has been a hallmark of Sembawang's dedication to excellence. As the Asia Pacific's leading cruise vessel repair yard, our track record llS# is unrivalled, as demonstrated by our securing the refit contract on the Ln
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      27 54 \contalnerlines7 J P&N CONTAINER LINES PTE LTD LEADING CONSOLIDATOR TO: FAR EAST PORTS EUROPE PORTS AUSTRALIA PORTS 200 Jalan Sultan #03-02 Textile Centre Tel: *****63 Fax: *****54
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      146 55 HOW FAST IS THE SLX? LH US DRAW YOU A MAR u At 'S?L smkJKm aJjMgii fr 2 f3 9NBT v *^r^ LONG BEACH KAOHSIUNG SINGAPORE HONG KONG LONG BEACH Our new Sea-Land Express puts the Paeifie in Indonesia to Long Beaeh. And the fastest trom a whole new perspective.
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      115 57 CSE RENTAL AND SALE OF INMARSAT TERMINALS Inventory of over 100 terminals. Ad hoc rental for short or long term. Fixed and Transportable systems for land or marine use. No commissioning charges for Transportable systems. AAIC Radio Traffic Accounting services available. High speed messaging and data communication options. Facsimile option.
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      37 57 1 POLISH OCEAN LINES Continuing To Serve You With Our New Singapore Agent P.O.L. AGFNCTKS fSI PTE LTD 78 Shenton Way #08-01 A Singapore 0207 Tel: 323 4993 Fax: 323 4873 Tlx: POL AG (65) RS *****
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      134 58 FAMOUS FREIGHT FORWARDERS UNKING YOU TO ALL 5 CONTINENT jjiz FAMOUS FREIGHT FORWARDING (S) PTELTD HOTUNE: 224 1833 (24 UNES) Main Office Port Klang Office Penang Office Taipei Office FAMOUS FREIGHT FORWARDING FAMOUS FEIGHT FORWARDING CliMr N1 (S T LID FAMOUS FEIGHT FORWARDING (S) PTE LTD (M) SDN BHD SERVICES
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      Page 58 Advertisements Column 2
      367 58 Supported by: Port Authorities Association (APAA) Association of Singapore Marine Industries (ASMI) International Chamber of Clr.rr.nr.r4 'OA ShcpmgdCS) 11 Civil I WIT Jr"T International Moritime Organisation (IMO) Marine Dept. Singapore international Maritime Exhibition and Conference /arine Fcrnxn^OClMF) 22 25 March 1994, World Trade Centre, Singapore n F^ Fo arden Singapore
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      37 59 I I I Thong Soon Lines Pte Ltd I I 78 Shenton Way #10-01 Singapore 0207 I I Tel: *****88 Fax No: *****11 I I Tlx: RS ***** CARRIER RS ***** JENHOL I I CABLE: TOSOCO I
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      Page 59 Advertisements Column 2
      163 59 GROUP OF COMPANIES SINGAPORE HEAD OFFICE: ACCORD SHIPPING PTE LTD TEL *****56 (24 UNES) FAX: *****46. *****72, *****24 TLX: RS ***** ACCORD ACCORD GROUP OF COMPANIES: ACCORD CONTAINER LINE IS) PTE LTD ACCORD CONTAINER LINE (HK) LTD (SINGAPORE)-TEL *****31 *****76 *****58 FAX: *****21 (HONG KONG) TEL: (852) 850 7100 (8
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      53 60 LINER SHIPPING PTE LTD 10, ANSON ROAD, #17-06 INTERNATIONAL PLAZA, SINGAPORE 0207 TEL: *****33(20 LINES) TELEX: RS ***** LSSHIP V\ FAX *****13 TJHTJE LINER LINER LINER *****33 B^4JSrr>^Lß Af/iV^L ZX4MM4Af BAHRAIN JEDDAH SHARJAH RIYADH KUWAIT USUI ku mm yon J Bridge to The Middle-East Quality Service first. Always. EJNM A
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      47 60 LIFEBOATS REPAIRS REFURBISHMENT SALES M. O j CA T r^P7 \l3 TechnoFlßßE Techno Fibre (S) Pte Ltd 51 Shipyard Rood Snqapore 2262 Tel: (65) 266 1412 Fax: (65) 266 143# WWMllliftlWWUlßSß!ißiBBit6jBl!!!B!!^!^Ss^V^RVSjSs^Kssf^sa^^^iyfuTSSSWiS?B NETWORK SHIPPING GROUP Offers top class ship agency services throughout all ports In Singapore, Malaysia Philippines.
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      Page 60 Advertisements Column 3
      67 60 Simple Speedy Super V- JAPAN J T.S.K: LINE (TOKYO SENPAKU KAISHA, LTD) r-J 1- HONG KONG p p.— r—' i i INTER-ASIA SERVICE "TV JAPAN Q ft HONG KO&TG IJIfo\LAYSIA TAIWAN""!' UPPINES \J PHILIPPINES SINGAPORE IN^SNESIA T||| INDONESIA n c=c r -> r| rLljm TSKLINE AGENCIES (S) PTE LTD 70
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      86 61 vi s mr y> J *£r~ > P I ZA 1 DRAFT-CARGOWATS (s) PTE LTD I m THE MARKET-LEADING p FREIGHT FORWARDER CONSOLIDATOR TO THE INDIAN SUB-CONTINENT PORTS I f fts <■ i Hp s B M sPIS? r :'S2H ifPft Vowr Indian Connection exclusively to: BOMBAY ICD N.DELHI/NHAVA SHEVA
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      28 61 The Professional Cargo Conveyor Pioneers in forwarding, warehousing distribution. Agency representations are welcome 120 TANJONG PAGAR ROAD MAC-NELS HOUSE SINGAPORE 0208 TEL: *****22 TELEX: ***** KICOMAC FAX: *****01
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      180 62 I Aspart of our expansion plans, we have recently included Vietnam to our I I destination, thus making us a leading consolidator to 30 countries &43 ports. I I Our services. I I If f DESTINATIONS: f ■I 21 <1 M 1. THAILAND CYPRUS 14. QATAR 21. ITALY ■I I
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