The Business Times, 1 July 1993

Microfilm: NL18842
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Thursday July 1 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Clinton on goals at coming G-7 summit
      81 1 AP WASHINGTON President Bill Clinton, calling recent economic reports "pretty discouraging," says the US would use next week's summit in Tokyo to look for ways to stimulate growth worldwide. First, he says, Japan ought to stimulate its economy and open its markets. He
      AP  -  81 words
    • Article
      Lock icon Former Italian PM may lose immunity
      67 1 Reuter ROME An Italian Senate panel has recommended lifting the parliamentary immunity of former prime minister Giulio Andreotti to allow Rome magistrates to continue their investigations into the 1979 murder of a journalist. Mr Andreotti, who served as prime minister seven times, has been
      Reuter  -  67 words
  • Article, Illustration
    MARKET SUMMARY
    112 1 Stack market indices Wednesday Change Sril 1.802.78 -5.74 KLSE Composite 721.17 fO.59 Nikkei 19,590 +46 58 Hang Seng 7.099.28 -8.19 SET Index S77.52 -1.25 Jakarta Composite ...360.35 1.51 C'LSA China B 943.94 f 6.68 Aust Alt Ord 1.738.1 +19.6 FTSE 100 2.900 14 U'tdindty Previous 1pm close Dow
    112 words
  • Article
    More China loans are heading Singapore's way
    627 1  -  By Quak Hiang Whai SINGAPORE China's offshore borrowings have been mushrooming'inis year and Singapore banks are playing an increasing role in arranging or funding them, bankers say. In the first quarter of this year, Chinese borrowers raised 38 notes and debt instruments totalling
    627 words
  • Article
    Lock icon Workers go on strike in Beijing factory as unrest moves to cities
    457 1 AFP BEIJING Hundreds of workers at a state-owned factory have gone on strike to protest against alleged abuses of China's reforms, warning that the industrial dispute has harmed the Communist Party's image. Their action is the first known
    AFP  -  457 words
  • Article, Illustration
    Lock icon Vice-Premier Zhu takes over China's central bank
    296 1 AFP, Reuter. UPI HONGKONG China's economic czar, Vice-Premier Zhu Rongji, has taken over as governor of the People's Bank of China, the nation's central bank, a pro-Beijing newspaper said yesterday. Wen Wei Po. quoting an "authoritative source" in Beijing, said Mr Zhu replaced
    AFP,; Reuter.; UPI  -  296 words
  • Article
    Bankers to discuss problems of S'pore vegetable oil company today
    232 1  -  By Kooi Cho Teng SINGAPORE Bankers will meet today to discuss the financial problems facing a major vegetable oil company. About Ssl4o million of money is believed to be owing, of which 40 per cent may have to be rescheduled
    232 words
  • Article
    1st quarter growth in S'pore finance sector tops official 7.9pc
    479 1  -  By Soh Tiang Keng SINGAPORE The growth of Singapore's financial services sector during the first quarter of this year was better than the official 7.9 per cent announced in late May, Mr Lcc Ek Ticng told bankers last night. Mr
    479 words
  • Article
    MAS cautions against excessive stock market speculation
    172 1 SINGAPORE The Monetary Authority of Singapore has cautioned the investing public against excessive speculation in the stock market. At the annual dinner of the Association of Banks last night, Mr Lee Ek Ticng, managing director of the MAS, also dispelled "some misconceptions" which
    172 words
  • Article, Illustration
    Union Paper buy-in price set at M$15.20
    264 1  -  From Leslie Lopez in KUALA LUMPUR THE Kuala Lumpur Stock Exchange has decided that outstanding share transactions of Union Paper Holdings Bhd, suspended from trading after supply of the stock had been "cornered", will be settled at a maximum "buy-in" price of M
    264 words
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      161 1 C32TR Cassefle Receiver wrlti OSP Sound Proceuor/CD Changer Control FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. S»I»PW Phone 235 1333 Kaaia Lump* Phone 757 0233 PniMf: Phone *****5/619 014 Jakarta: Phone 374 085/*****72 CONTENTS SSKUiu, Regional News 3.4 Financial 13.14 Work) News 8 Features MvMt Analysis 21 dob/KLSt. SES 19.20
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      17 1 Law: pg 24 Protecting investors from themselves US judge blocks Nafta pact on environmental grounds, Back Page
      17 words
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      17 1 Hock Lock Siew: Pg 9 Jackpot for Granite Ind holders? Treasury surplus kmer this year. Back Page
      17 words
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      60 1 Bock Pg Payback tingj for Kaifu CERRUTIIBBI SWISS WATCHES Time is on my side LTO, m I true Cantonese We prepared it with a variety °f tantalising tastes. /j n v enticing dishes for a formal gathering 7VVillOtl RCSTAURANT IJI 21 Amber Road, Chinese Swimming Club, 101 Singapore 1543. Tel:
      60 words
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      8 1 Banking industry gets code of conduct, Pg 13
      8 words
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Wholesale prices stay flat
        282 2  -  By Teh Hooi Ling WHOLESALE prices remained flat last month, according to latest figures from the Department of Statistics. The manufactured products price index, which measures changes in the ex-factory prices of locallyproduced goods, hardly moved in the first five months. The preliminary Ma> figure stood
        Source: Dept of Statistics  -  282 words
    • Article
      Govt acts to encourage employment of older people
      477 2  -  .Workers re-hired at age 55 or above not covered by Retirement Age Act By Chuang Peck Ming WORKERS re-hired at the age of 55 or above will not be covered by the Retirement Age Act which comes into effect today. Labour Minister
      477 words
    • Article
      Most employer groups not likely to use CPF to stop job-hopping
      283 2 CHANCES arc that most employer groups still think the Central Provident Fund is not the right tool to use to stop job-hopping. Labour Minister Lee Boon Vang said yesterday. A study done in 1988 had found that to be
      283 words
    • Article
      National Science and Technology head to join RSP Architects
      282 2  -  By Lilian Ang RSP Architects. Planners and Engineers, a firm known for having three former Urban Redevelopment Authority chiefs on its board, has roped in yet another senior public sector officer. Leong Wai Leng. executive director of the National Science and
      282 words
    • Article
      Thakral group in tie-up to make VCRs in Shanghai
      240 2  -  By Yong Pow Ang SINGAPORE'S Thakral group has invested USSI.26 million (Ss2 million) in a joint venture in Shanghai to produce video-cassette recorders. The venture, Shanghai Thakral Electronics Industrial Corporation, was officially opened yesterday. Thakral holds 60 per cent of the
      240 words
    • Article, Illustration
      Lock icon Indon defence chief meets PM Goh
      43 2 Reuter INDONESIAN Defence Chief Feisal Tanjung (left) meeting Prime Minister Goh Chok long yesterday at the Istana. Gen Feisal Tanjung is here on a four-day official visit, his first to the Republic since assuming his post. Reuter
      Reuter  -  43 words
    • Article
      US-French venture set up to provide smart card applications
      302 2  -  By Claire Leow THE REPUBLIC could be a showcase for smart card technology on a broad scale with the formation of a joint venture to provide smart card applications for a cashless society. Verifone Inc of the United States and Gcmplus
      302 words
    • NEWS ROUNDUP
      • Article
        Little India tender gets good response
        141 2 THE Urban Redevelopment Authority's (URA's) second sale of unrestored shophouses in Little India has again met with strong response. Preliminary results of the tender of 37 shophouses bounded by Madras and Clive streets, and Campbell and Dalhousie Lanes showed a total of 265 bids.
        141 words
      • Article
        MOU for new submarine cable signed
        66 2 SINGAPORE Telecom and eight other international telecommunications organisations signed a Memorandum of Understanding yesterday to build a new Asia-Pacific submarine cable network. The USSIOO million underwater super-highway system will use the state-of-the-art digital lightwave technology. The Asia-Pacific Cable Network will wind through some 11.000
        66 words
      • Article
        Singapore Dress promotion
        46 2 THE Singapore Dress Development Committee is staging a Singapore Dress Promotion from July 1 to July 13 at Scotts Shopping Centre. The promotion would exhibit all the entries of the Singapore Dress Fabric Design Contest and the fabrics from the five winning entries.
        46 words
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      347 2 Cluh^ Sunrise Company (Pte) Ltd. Singapore Malaysia Indonesia Hong Kong India The Straits Times Weekly Edition HOME BROUGHT CLOSER "I used to feel really tensed up, but since I've got myself the FCY2OO Computerised Massage Couch, I've been £ji Being a successful banker, Mr Lee works under enormous 4 I
      347 words
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  • THE REGION
    • Article, Illustration
      Myanmar to go all out to woo S'pore trade mission in August
      534 3  -  By Amy Balan SINGAPORE Myanmar will go all out to woo members of a Singapore trade mission due to visit in August. Military strongman LtGen Khin Nyunt has told BT from Yangon that he will head a high-level
      534 words
    • Article
      Myanmar restricts access to its fishing grounds
      508 3  -  From Alan Boyd in BANGKOK MYANMAR has tightened access to its fishing grounds a move likely to sweep fragile joint venture agreements with Thailand farther out to sea. New regulations will reduce the permitted fishing period from 41 to 25 days and raise
      508 words
    • Article
      Lock icon Jakarta hopes to get richer South countries to fund cooperation schemes
      277 3 AFP. JAKARTA Indonesia is seeking to get richer South countries, including Singapore, to fund cooperation schemes between developing countries. Industry Minister Tungky Ariwibowo yesterday quoted President Suharto as saying: "Singapore and other rich South member countries, such as the
      AFP.  -  277 words
    • Article
      Lock icon Samy Vellu: Power shortage can be overcome before end of year
      281 3 Bernama KUALA LUMPUR The current nationwide power shortage can be overcome before the end of the year when new turbines in five stations begin to operate. Energy. Telecommunications and Post Minister Samy Vellu said yesterday that the turbines, at
      Bernama  -  281 words
    • Article
      Lock icon Power crisis to cost Philippines 25b pesos this year
      232 3 AP MANILA The severe electric power shortage will cost the Philippines up to 25 billion pesos CSS 1.5 billion) in economic losses this year, the government's economic planning agency said yesterday. The National Economic and Development Authority said the amount represents
      AP  -  232 words
    • Article
      Lock icon Chuan presents record Thai budget of 625 billion baht
      404 3 Reuter BANGKOK Prime Minister Chuan Leekpai has presented to Parliament a record 625 billion baht (Ss4o billion) budget for the year starting Oct 1 that allows a moderate deficit. Mr Chuan told the House of Representatives yesterday that he expected the
      Reuter  -  404 words
    • Article, Illustration
      Lock icon Govt has not yet decided on letting Khmer Rouge join army: Hun Sen
      503 3  -  ||*1 Reports ny Harish Mehta in PHNOM PENH CAMBODIA's interim government has not yet decided whether to allow the Khmer Rouge to join the Cambodian Armed Forces (CAF) because the guerillas are still killing people. The government's
      Reuter  -  503 words
    • Article
      Son Sann, Chea Sim get top posts
      143 3 NEWLY-ELECTED assemblymen yesterday unanimously elected former premier Son Sann as the chairman of the Constituent Assembly, and Cambodian People's Party (CPP) president Chea Sim as first vice-chairman. The 120 members of the assembly also elected Kuncinpec party official Ing Kieth as second vice-chairman
      143 words
    • ASIA NOTES
      • Article
        Lock icon Japan still world's largest aid donor
        77 4 Reuter lOKYO Japan retained its status as the world's largest aid donor in 1992 for the second consecutive year, the Ministry of Finance said yesterday. Japan raised its official development assistance (ODA) disbursements, excluding aid to Eastern Europe, by 1.8 per cent to USS
        Reuter  -  77 words
      • Article
        Lock icon Malaysia's CPI falls to 3.2pc
        57 4 Reuter KUALA LUMPUR Malaysia's consumer price index (CPI) fell to 3.2 per cent year-on-year in May from 3.8 per cent in April, the Statistics Department said yesterday. The CPI. the main measure of inflation, for January to May rose 4.1 per cent against 4.5 per
        Reuter  -  57 words
      • Article
        Lock icon Petronas clarifies report
        131 4 Bernama KUALA LUMPUR Petronas will not totally stop processing crude oil in Singapore, its president Azizan Zainul Abidin. said yesterday. However, he said Petronas would have to use its Tapis crude for the commissioning and test run of its Malacca refinery due to come on-stream next April.
        Bernama  -  131 words
      • Article, Illustration
        Lock icon Happy hours come to an end
        39 4 Reuter BEIJING A woman walking past a bar in an embassy area yesterday. The bar was recently closed down by the police who accused the owners of running a den for prostitutes. Keuter
        Reuter  -  39 words
      • Article
        Lock icon Taiwan's US$3b petrochem complex
        41 4 Reuter TAIPEI Taiwan's Tuntex group yesterday announced plans to establish a USS3.3 billion petrochemical complex in the western county of Yunlin. It will house five factories, including an oil refinery with daily capacity of 225.000 barrels. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Clinton invites Ramos to US
        52 4 AP. MANILA United States President Bill Clinton has invited President Fidel Ramos to visit the US this year. US Deputy Secretary of State Clifton Wharton said he extended the invitation during a meeting yesterday with Mr Ramos. It was unclear whether Mr Ramos accepted the
        AP.  -  52 words
    • Article
      Lock icon Foreign tax change rumour boosts NZ shares
      210 4 Reuter WELLINGTON Pre-budget speculation that foreign investors will get credits for tax paid by New Zealand companies has helped boost the price of some stocks, analysts and brokers said yesterday. Brokers said the rumour "took off in equity markets on Friday when the
      Reuter  -  210 words
    • Article
      Lock icon Kim's 100-day plan to revive economy fails
      484 4 AFP SEOUL The crash 100-day economic programme President Kim Young Sam launched shortly after taking office four months ago has failed to stimulate the stagnant economy as he had hoped. The central Bank of Korea said in a report yesterday that the business
      AFP  -  484 words
    • Article
      Lock icon Australia faces a decade of high unemployment
      490 4 Reuter. AFP. CANBERRA Australians face the prospect of a decade of high unemployment as the government admitted yesterday that it had little chance of cutting deeply into the record dole queues. "Anything like full employment, however defined, will be desperately difficult to recapture
      Reuter.; AFP.  -  490 words
    • Article
      Lock icon Rao's call to focus govt investment on health, education sets India on new path
      502 4 Reuter BOMBAY Indian Prime Minister PV Narasimha Rao has set the seal on an end to four decades of state domination of heavy industry, arguing that new government investment should be focused on health and education.
      Reuter  -  502 words
    • Article, Illustration
      Lock icon The Big Bull has his say
      55 4 Reuter NEW DELHI Stockbroker Harshad Mehta (centre) arming here yesterday to give evidence to the Joint Parliamentary Committee that is investigating India's I 551.28 billion (Ss2 billion) security scandal. Mehta has alleged that he paid Indian Prime Minister PV Narasimha Rao a bribe of
      Reuter  -  55 words
    • Article
      Lock icon China denies it is planning to scrap special forex certs
      454 4 Reuter SHANGHAI A senior Chinese official has sought lo scotch the latest round of rumours that Beijing may soon scrap its special Foreign Exchange Certificates (FEC) in a one-off hid to unify exchange rates. Yang Xianlin. head of the policy
      Reuter  -  454 words
    • Article
      Lock icon Taiwan to pump US$2b into economy
      368 4 Reuter TAIPEI The Taiwan government. seeking to boost faltering economic growth, said yesterday that it would allocate more than US$2 billion (553.2 billion) of new funds to stimulate private investment and high-technology industries. The state's postal savings system. will offer US$l.5 billion of its.funds
      Reuter  -  368 words
    • Article
      Lock icon OECD expects pick-up in Japanese economy in second-half
      459 4 AFP PARIS The recession appears to have bottomed out in Japan and economic activityshould pick up in the next halfyear. the Organisation for Economic Cooperation and Development said yesterday. It cautioned, however, that signs of an upturn were as yet "rather fragile",
      AFP  -  459 words
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      55 3 EFFECTIVE IST JULY 1993 from *PGHMHDI Mechanical Handling Engineering (S) Pfe Ltd jHHjjjH• A MHE Logistics (S) Pfe ltd fflftiß DEMAC flfl MHE-Demag Logistics (S) Pfe Ltd ■Hp Members of Jebsen Jessen Group of Companies South East Asia j JMzX 33 Gul Circle, Jurong, Singapore 2262. Telephone: *****00; Facsimile: *****33
      55 words
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      72 4 S*'lI® So will you When you meet at the only beach resort hotel in Singapore. Where the extensive meeting facilities not only include our grand Siloso Ma 11 room and 11 smaller rooms, hut a tasty stretch of white sandy beach So ring Sandy on 3 71 1011 to find
      72 words
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      174 5 Citibank Miles Ahead. The Biggest Travel Program To Ever Get Off The Ground. for only a program in association Miles Ahead guarantees I a program everyone can win. Guaranteed. And this is how it works. For every $100 you charge Citibank VISA or between ■jp and September 30,1993, one travel
      174 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon Competing in the world market with new confidence
      1185 6  -  South Korea's economic recovery A propitious combination of external and domestic factors has helped Korea turn its economy around, reports S N Vasuki who was in Seoul recently S N Vasuki AFTER months of gloomy introspection. South Korean policy -makers and economists
      Reuter  -  1,185 words
    • Article
      Slowing China exports alarm S Korean firms
      313 6 SOUTH KOREA'S exports to China, which grew at a dizzy 164 per cent last year, are showing signs of slowing down. Although Korean firms blame the continued depreciation of the yuan for a drop in exports last month, there are fears that China's
      313 words
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      298 6 If you don't read The Asian Wall Street Journal, your replacement will. To ensure your career thrives, analyzing their effects and impact on you need a constant competitive Asia. Giving you fresh facts that can edge. And that's The Asian Wall make the difference between Street Journal. Every business success.
      298 words
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      687 7 BENEFITS. UNIQUELY THAI. details you'll enjoy special attention to any seating and A Si Royal Orchid Plus is everything you would expect meal preferences whenever you fly with Thai. On the y A from a frequent flyer programme, and more. Created ground, you'll receive regular statements showing the t i
      687 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon EC sets conditions on membership talks
        106 8 AP BRUSSELS The European Community's executive agency yesterday recommended that the trading bloc open negotiations to allow eventual membership for Malta and Cyprus. Conditions have been attached to their candidacies, however. The Commission, the 12-nation bloc's executive, said Cyprus must find a political settlement
        AP  -  106 words
      • Article
        Lock icon UK business failures at record high
        70 8 Bloomberg Business News LONDON Business failures in Britain rose to a record high in the first half of 1993, according to a survey of company bankruptcies and liquidations by Dun Bradstreet International. A total of 32.448 businesses failed in the first six months of
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Amnesty chief slams UN conference
        95 8 Reuter CAIRO The head of the human rights group Amnesty International attacked the UN conference on human rights which ended in Vienna last week, saying an historic chance had been wasted. Pierre Sane, the secretary-peneral of the London-based organisation, said the conference h?d "undermined the
        Reuter  -  95 words
      • Article, Illustration
        Lock icon Dead men tell no tales
        58 8 Reuter CORDOEH, Mexico Police officers laying out skeletons dug out on Sunday from a clandestine grave in Piedra Quebrada in the eastern state of Veracruz about 300 km from Mexico. The state attorney said the killings may be the work of Pofirio Gargallo "El Toro"
        Reuter  -  58 words
    • Article, Illustration
      Lock icon Developing nations are engines of world trade: ex-Gatt chief
      604 8 Reuter GENEVA Gatt chief Arthur Dunkel on Tuesday hailed developing states in Asia and Latin America as "the engines of world trade" and rebuked major powers for complaining of the competition from newlyemerging economies. In an interview on the eve of
      Reuter  -  604 words
    • Article
      Lock icon Savings plan will lead to German growth: Kohl
      484 8 Reuter COLOGNE Chancellor Helmut Kohl said Germany's future prosperity depended on Bonn's tough savings plan as the country seeks to recover from its worst recession since World War 11. "We are in a serious recession." Mr Kohl told a meeting of retailers
      Reuter  -  484 words
    • Article
      Lock icon US should rethink approach to Japan on trade: report
      410 8 Reuter WASHINGTON The United States must rethink its approach to Japan and take ?he case for open markets directly to the Japanese people, who will likely be a greater force for thange than Tokyo's politicians or bureaucrats. t A new study
      Reuter  -  410 words
    • Article
      Lock icon Clinton plays down attack on Iraqi battery
      436 8 US attack on Iraq Reuter WASHINGTON President Bill Clinton is trying to cool down a new escalation in USIraqi tensions, playing down a US jet fighter's firing of a missile at an Iraqi anti-aircraft battery in southern Iraq. But the State Department risked
      Reuter  -  436 words
    • Article
      Lock icon French Socialists contemplate long haul to revival
      339 8 Reuter PARIS Three months after their crushing general election defeat. France's jaded and fac-tion-ridden Socialist Party holds a soul-searching conference this weekend. Party leader Michel Rocard. who seized control in the wake of the March election debacle, has billed the three-day Lyon meeting
      Reuter  -  339 words
    • Article
      Lock icon Iraqi govt newspaper blasts leadership for scrapping missiles
      281 8 Reuter. AFP BAGHDAD An Iraqi government newspaper said yesterday the leadership had blundered in bowing to UN demands to scrap Iraq's long-range missiles. Al-Jumhouriyah said in a shock front-page article three days after a US cruise missile attack on Baghdad that Iraq's
      Reuter.; AFP  -  281 words
    • Article
      Lock icon Russia warns of crisis if budget not approved
      554 8 Reuter MOSCOW The Russian government has outlined tough spending plans for the rest of 1993. warning the conservative Parliament that the country faces catastrophe unless deputies approve its budget. Deputy Prime Minister Boris Fyodorov said yesterday that the Cabinet was determined to
      Reuter  -  554 words
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      89 8 A sumptuous experience. Dishes exquisitely prepared and served to you in elegant surroundings. yy^Music. Reminisce as we play the evergreens, at a restaurant with a difference. And the world at your feet. At such a height, you'll like the feeling and, of course, the view. pmk| 1 Raffles Place, #60-00
      89 words
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  • COMPANIES & MARKETS
    • Article
      Int'l Factors offers 40m shares at 95 cents apiece
      529 9  -  By Quak Hiang Whai SINGAPORE International Factors (Singapore), or IFS, became the first factoring company to go public when it offered 40 million new shares of 50 cents par value yesterday. The issue is made up of 18 million shares for
      529 words
    • Article
      PSC to bring in $26m through bond-cum-warrant issue
      184 9 SINGAPORE Provisions Suppliers Corporation (PSC) is raising $26 million from the market through an unsecured bond-cum-warrant issue. PSC said yesterday that it is issuing $25 million of principal amount of bonds attached with 22 million warrants. It will sell the entire deal
      184 words
    • Article, Illustration
      OCBC Property lines up 4 projects with another 4 in the pipeline
      371 9  -  Sylvia Wong SINGAPORE OCBC Property Services has four projects lined up for the next few months and possibly a further four after that. The property subsidiary of the Oversea Chinese Banking Corporation said yesterday it would launch its
      371 words
    • Article, Illustration
      Lock icon Are Granite Industries shareholders about to hit the China jackpot?
      666 9  -  HOCK LOCK SIEW By Agnes Chen SINGAPORE Punters holding on to a piece of Granite Industries Bhd may have just hit the jackpot. According to market sources, Granite has secured a licence to operate jackpot machines in Heilongjiang, a province
      Source: Bloomberg  -  666 words
    • Article
      CityDev owns properties worth $2.67b in five countries
      380 9  -  By Lee Han Shih SINGAPORE Listed property counter City Developments (CityDev) owns properties worth $2.67 billion in five countries, more than half of which are held through its Hongkong subsidiary CDL Hotels. According to a CityDev prospectus, its three biggest properties are
      380 words
    • Article
      UEL raising $150.9m through bond cum warrant issue
      362 9  -  By Magdalene Ng SINGAPORE Yet another listed company has jumped on the bandwagon to tap the market for funds. United Engineers Ltd (UEL) yesterday announced it is raising $150.89 million through a bond cum warrant issue to part finance its $350 million
      362 words
    • Article, Illustration
      Lock icon SUMMARY
      331 9 Source: Bridge Info Performance of STII's Index stocks Jun 30 Last Smm lifci Stock nle CW brtoraovm (S) (T> Avimo 2.250 1.75 CtC 7 050 0.150 5.47 -36.59 Ccrcbos 5.250 0.100 4.07 -24.39 FAN 12.500 0 200 9 69 4171 GF Asia 2.770 -0.030 2.15 7.32 Gen Mas 1.220
      Source: Bridge Info  -  331 words
    • COMPANIES
      • Article, Illustration
        Rally doubles total market value within a year
        1205 10  -  Top 50 Singapore companies By Quak Hiang Whai SINGAPORE Thanks to the rally in the second quarter of this year, the combined market value of the top 50 listed companies in Singapore shot up by 18 per cent from six months ago
        1,205 words
      • Article
        Benguet sells stake in building firm to cut debts
        476 10  -  From Al Labita in MANILA MANILA New York-listed Benguet Corp, the Philippines' largest mining firm, has sold its 33 per cent equity in a construction company to help cut its local and foreign debts totalling four billion pesos (SS23B million). Listed
        476 words
      • Article
        Goldtron chairman's takeover offer gets only 15,700 shares
        163 10 SINGAPORE Goldtron executive chairman Ong Soo Kiat's takeover offer for the company has received only 15,700 shares, or 0.007 per cent of Goldtron's issued and paid-up capital, at the close of the offer yesterday. Mr Ong will therefore not be required to
        163 words
      • Article
        Renong's sale of NSTP, TV3 completed
        552 10  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S largest management buyout was completed yesterday when Renong Bhd, a company linked to the country's ruling political party, received its final instalment for the MSBOO million (***** million) sale of publishing group New Straits Times Press (M)
        552 words
      • Article, Illustration
        Thai finance firm First City on the road to recovery
        470 10  -  By Loh Hui Yin SINGAPORE Thai finance company First City Investment. which closed shop for a couple of months earlier this year after it went bankrupt, should be firmly back on its feet by next year, said its new management.
        470 words
      • Article
        Boustead takeover takes toll on JC-MPH
        256 10  -  By S N Vasuki SINGAPORE Higher interest and depreciation charges from the acquisition of Boustead pk pushed locallylisted Jack Chia-MPH Ltd into the red in the year to March 31. Group pre-tax profit plunged 85 per cent to $1.11 million, leading to an after-tax
        256 words
      • COMPAN YBRIEFS
        • Article
          Pertama profit slumps 15.8pc
          73 10 SINGAPORE Electronics retailer Pertama yesterday announced a IS.B per cent fall in net profit to $2.38 million for the financial year ended March 31. Turnover increased by 6.3 per cent to $169.6 million. The company attributed the earnings drop to the recession in overseas markets. However,
          73 words
        • Article
          Keppel Bank, Tri-M on 'ready' trading
          140 10 SINGAPORE The stock exchange yesterday reminded its members that shares of newly-listed Keppel Bank and computer firm Tri-M will cease to be traded on a "when issued" basis next Monday. Both counters will then revert to the usual "ready" basis of trading. Brokers were
          140 words
        • Article
          Singapore Reinsurance appointment
          22 10 SINGAPORE Singapore Reinsurance Corporation yesterday announced the appointment of Keith Tay as a director with effect from June 28.
          22 words
        • Article
          Horiguchi sells District 11 property
          85 10 SINGAPORE Sesdaq-listed Horiguchi Engineering has sold a piece of property to Liu Kah Foong and Kwong Ling Yi for $972,000 in cash. The freehold property is located in Asimont Garden in District 11. The buyers paid Horiguchi 10 per cent of the sale price yesterday
          85 words
        • Article
          Hong Fok to sell China property units
          73 10 SINGAPORE Property group Hong Fok Corporation said it will sell units from its China residential and commercial development project known as Riverside Villa to Singapore investors. This followed its initial launch in Hongkong which saw 60 of the 90 units on offer sold.
          73 words
        • Article
          MD of Heshe unit retires
          39 10 SINGAPORE Heshe Holdings said Lee Han Fui, managing director of its wholly-owned subsidiary Polv-Allied Knitwear, retired yesterday. Mr Lee will remain as a director and will servfc as a consultant to the company. w
          39 words
      • Article
        GP Batteries enjoys 12.3pc rise in net earnings
        136 10 SINGAPORE GP Batteries International (GPBI) yesterday reported a 12.3 per cent jump in net earnings to $15.7 million on an improved turnover of $201.2 million. For the year ended March 31. GPBl's earnings per share amounted to 43.41 cents, from 41.29 cents
        136 words
      • Article
        UNIT TRUSTS & FUNDS
        487 10 UNIT TRUSTS FUNDS Jul 1 Insnranoe Fnnd Singapore Unit Trust Income Bond Policy 3.22 333 The Commcrvc 1.33 1 40*d Prudential 1.20 The Savings Fund 1.20 1.26 PniLink Mgd Fund 1 14 S pore Prog Fund 0.55 0.58 mm i S'pore See Fund 088 0.92 MACUHHMHpwm 1.71 S pore Invest
        487 words
      • Article
        Lock icon Shanghai Petrochem adopting new corporate structure
        413 12 Move will pave way for HK listing and other overseas markets Reuter SHANGHAI Chinese industrial firm Shanghai Petrochemical said on Tuesday it was adopting a new corporate structure to open the way for listing its shares on the Hongkong stock market. The company, the
        Reuter  -  413 words
      • Article
        Lock icon Shake-up in IBM's UK operations may see job cuts in Europe too
        509 12 FT LONDON The UK subsidiary of International Business Machines, the troubled US computer manufacturer, has announced the most profound reorganisation any of its subsidiaries has ever attempted. The shake-up in the UK could involve the first compulsory staff
        FT  -  509 words
      • Article
        Lock icon Japan's motorcycle makers see China as promising market
        335 12 Reuter TOKYO For Japanese manufacturers grappling with a two-year recession at home and sluggish if not hostile markets abroad, the one ray of light is China. Motorcycle producers from Japan are moving to dominate the China market, with both local production and
        Reuter  -  335 words
      • Article, Illustration
        Calling all investors
        58 12 LONDON Chancellor of the Exchequer Kenneth Clarke (right) and Lord Cairns, chief executive of SG Warburg, hosting a press conference held to launch the BT3 share offer on Tuesday. Mr Clarke announced a lOp discount for UK private investors in the first instalment of the £5 billion
        58 words
      • Article
        Brierley puts 16 NZ units under new firm
        348 12  -  By Schutz Lee BRIERLEY Investments has regrouped 16 of its New Zealand subsidiaries under a new company called the Skellerup Group, which it plans to float on the stock exchange by the end of the year. In a statement yesterday, BIL chief
        348 words
      • Article
        Lock icon Dairy Farm seeking partners for supermarkets in China
        344 12 Bloomberg Business News HONGKONG Food retailing group Dairy Farm International Holdings is seeking partners to establish its Wellcome supermarket chain in southern China's Guangdong province, the company's outgoing managing director said yesterday. Last week, the Hongkong company, which is part of the
        Bloomberg Business News  -  344 words
      • COMPANY BRIEFS
        • Article
          Lock icon HDTV software company formed
          70 12 Bloomberg Business News TOKYO Ten of Japan's top electronics companies have set up a joint venture to sell laser disc software for use with Japan's high-definition television (HDTV) system, the companies said. The companies are Fujitsu Ltd. Hitachi Ltd. Matsushita Electric Industrial Co. Mitsubishi Electric Corp.
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Ferruzzi Finanziaria revises loss up
          96 12 Bloomberg Business News MILAN Ferruzzi Finanziaria SpA revised its 1992 consolidated net loss to 1.667 trillion lira (SSI.7 billion) yesterday from the 1.519 trillion lira it originally reported on May 28. reflecting new losses at its Montedison SpA operating subsidiary that were disclosed on Monday.
          Bloomberg Business News  -  96 words
        • Article
          Lock icon Email buys 50pc of NZ finance group
          89 12 Reuter SYDNEY Manufacturing group Email Ltd said it has bought 50 per cent of New Zealand-based household appliance finance group Amalgamated Finance Ltd from Philip New Zealand Ltd for an undisclosed sum. Email said the other 50 per cent is owned by UDC
          Reuter  -  89 words
        • Article
          Ratners pares loss, to change name
          81 12 LONDON British jeweller Ratners. whose business suffered when a former boss said one of its products was rubbish, reported lower losses yesterday and said it planned to change its name to Signet Group pic. It also aims to close another 54 shops, with the
          81 words
    • FINANCE
      • Article, Illustration
        Banking industry gets its code of conduct
        385 13  -  ABS annual dinner By Soh Tiang Keng SINGAPORE The Association of Banks in Singapore has spelt out the do's and don'ts of banking etiquette in a 32-page code of conduct. The code serves as a guide to good banking practice and deals with
        385 words
      • Article, Illustration
        Banks told to stay clear of risky loans
        220 13 OUTGOING chairman of the Association of Banks in Singapore Ernest Wong, last night urged banks to stay clear of lending to less viable ventures and risky projects. Speaking at the annual dinner, Mr Wong said: "We banks should be steadfast in implementing
        220 words
      • Article
        Lock icon Money launderers sidestep new laws via institutions
        254 13 Reuter PARIS Globetrotting criminals are finding new ways to evade dragnets set up to uncover their ill-gotten gains, an international group set up to fight money laundering says. The Financial Action Task Force (FATF). which includes most countries with big banking centres, says
        Reuter  -  254 words
      • Article
        Name change for East West Insurance
        232 13 SINGAPORE The East West Insurance companies change their name from today. East West-USI Insurance in Singapore, East West-UMI Insurance in Hongkong and Simc East West Insurance in Malaysia will become Sime Axa Assurance. The companies are operated as a joint venture between Axa Insurance
        232 words
      • Article
        Southern Bank plans bonus and 2 schemes to raise capital
        279 13  -  By R Sivanithy SINGAPORE Malaysia's Southern Bank, a strategic partner of Keppel Bank, has announced a bonus issue and two schemes aimed at raising more than Ms2oo million (S$ 125.9 million). In a statement to the Kuala Lumpur Stock Exchange,
        279 words
      • SMALL CHANGE
        • Article
          Lock icon Capel raises forecast for HSBC
          82 13 Reuter LONDON Broker James Capel has increased its 1993 earnings forecast for HSBC Holdings pic. dealers said. It raised its 1993 full-year pre-tax earnings forecast to £2.38 billion (555.83 billion) from £2.27 billion previously, mainly because the UK economic recovery has resulted in an improved
          Reuter  -  82 words
        • Article
          Lock icon Stiefler is new Amex president
          98 13 NYT NEW YORK American Express Co on Tuesday appointed Jeffrey E Stiefler, head of its IDS Financial Services unit, to be its president. Mr Stiefler is a longtime protege of Harvey Golub. the company's chief executive, who was named to the additional title of chairman.
          NYT  -  98 words
        • Article
          Lock icon Japan allows non-banks to issue paper
          75 13 Knight Ridder TOKYO Japan s Ministry of Finance announced yesterday it will allow non-bank financial institutions to issue commercial paper on a conditional basis. A ministry official, speaking to reporters, said the MOPs decision, effective yesterday, was based on reports released last year that
          Knight Ridder  -  75 words
        • Article
          Lock icon First strike at Commo wealth Bank
          71 13 AFP SYDNEY The first strike in tne 78-year history of the Australia's Commonwealth Bank began on Wednesday, but almost a quarter of the bank's vast national branch network was open for business. A bank spokesman said even though 90 per cent of the bank's
          AFP  -  71 words
        • Article
          Lock icon Chase to open first China branch
          67 13 AP BEIJING Chase Manhattan Bank plans to open its first branch in China, the official China Daily reported on Wednesday. Chase, the fifth largest bank in America and the first to establish direct business links with China, already has representative offices in Beijing and
          AP  -  67 words
        • Article
          Lock icon Commerzbank acquires French bank
          94 13 Reuter FRANKFURT Commerzbank AG's purchase of Caisse Centrale deßeescompte, a French bank specialising in portfolio management, doubles the amount of assets it has under management for institutional investors. "One can say that (with the acquisition) we covered a blank spot in France," Commerzbankspokesman Peter Pietsch told
          Reuter  -  94 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Malaysian rubber growers warn of industry's demise
        457 14 Reuter KUALA LUMPUR Malaysia's rubber industry, once the world's top grower, is heading for demise unless urgent steps are taken to tackle weak prices and other pressing problems. "The industry is in a very bad shape, it is almost disappearing," said a senior
        Reuter  -  457 words
      • Article
        Crude prices lifted by stock draw
        333 14 Bloomberg ENERGY REPORT LONDON Crude oil futures prices in London and New York were lifted by stronger US gasoline prices yesterday after the API showed a more than 2 million-barrel stock draw, brokers said. The American Petroleum Institute report, which provides information on oil
        333 words
      • Article
        Lock icon Russia changing currency rules in bid to support the rouble
        259 14 Reuter MOSCOW Russia is preparing to change the way companies swap half of their hard currency earnings for roubles in a move which would increase the supply of US dollars on Russia's currency exchanges and support the rouble. A letter
        Reuter  -  259 words
      • Article, Illustration
        Lock icon Mongolian judge calls for further probe into dealings which cost country millions
        331 14 Reuter ULAN BATOR The trial of four bankers and an accountant whose foreign exchange dealings virtually wiped out Mongolia's hard currency reserves ended on Tuesday when the judge referred the case back to investigators. The five, including two
        Reuter  -  331 words
      • Article
        Lock icon BHP sees Asian steel demand rising by 50pc
        174 14 Bloomberg Business News MELBOURNE Australia is "well positioned" to participate in the booming export steel market to Asia. Ron McNeilly, chief executive officer of BHP Steel, told about 200 stockbroking analysts and fund managers yesterday that steel demand in South-east Asia is
        Bloomberg Business News  -  174 words
      • Article
        Quotation of Singapore Government Stocks as at June 30. 1993
        380 14 I I Number Indicative Gross year C Upon Amount W 1 loKtoysol middtepric r«temption raised («m) peymsnt accrusd (excluding yietd (%ps) dstes interest sccrusd (%pe) internet) 111 i I 1.7.93 N*****1H 1988 51/8# 730.00 1/1 1/7 180 100.00# 5.13# 15.7.93
        380 words
      • Article, Illustration
        Barque Indosuez REGIONAL CURRENCY REPORT
        133 14 THE USS lost ground across the board overnight after a barrage of poor US data expelled hopes of a US economic recovery. In the USS/SS market, the USS was sold to a low of 1.6195 by commercial purchase of SS for month-end squaring purposes. Support
        133 words
      • Article
        Lock icon London
        191 14 Reuter LONDON The dollar climbed above 1.70 marks in late European trading yesterday after US President Bill Clinton said the Bundesbank should continue to lower interest rates. His remark fuelled speculation that the German central bank will indeed cut interest rates at today's council meeting, but foreign-exchange business is
        Reuter  -  191 words
      • Article
        Lock icon New York
        81 14 AFP NEW YORK The dollar was mixed against most major currencies yesterday in quiet trading as investors awaited the latest US economic figures and today's Bundesbank meeting. Gold rose 20 cents from Tuesday's close to U*****.80 an ounce. The dollar was trading at 1.£890 German marks from 1.6882
        AFP  -  81 words
      • Article, Illustration
        Untitled
        1513 14 I i*Jr\ cakvkunl mpm* S'purc *Mp 14 trading partners Homt vtxr «M.< US$/S$ forward rates Noon June 30 ss H Ofltr 1-month 1.6222 ***** .'-month 1.6222 1.62)7 J-month 1.6222 1.6237 6-monlh 1.6210 1.6230 Source: OCBC FOREIGN CURRENCY NOTE RATES As It 1«M M Jmm 3* Siagapore dollars to oae sail
        1,513 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar steady ahead of US job data
        1506 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended little changed in muted trade yesterday, stymied by the absence of fresh incentives and tomorrow's 1230 GM I release of key US employment data, traders said. "The Eurodollar and bond markets are very,
        Reuter  -  1,506 words
      • Article
        KL tin surges on fresh demand
        615 16 COMMODITY REPORTS Tin I IN SURGED 24 cents to close at MS 13.04 per kg yesterday, mainly due to heavy fresh buying from burope and local players. traders said. "The rise is also due to a technical adjustment as. prices have gone too low
        615 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Smaller Thai coffee crop expected
          96 16 BANGKOK Thailand's 1993-94 (Nov-Oct) coffee crop will total 63,800 tonnes, down 4.6 per cent from 66.900 tonnes in 1992-93 due to falling planting areas, projects the Ministry of Agriculture. In contrast, industry officials say that good rains and government price supports will mean a bigger
          96 words
        • Article
          July fuel oil futures expire
          85 16 SINGAPORE The expiry of the Simex July fuel oil futures contract yesterday was expected to lead to deliveries of about 140.000-160.000 tonnes of fuel oil, traders said. Major oil companies operating in Singapore are expected to deliver the cargoes to other major oil companies between
          85 words
        • Article
          Tokyo sugar exchange to move
          93 16 TOKYO The Tokyo Sugar Exchange is scheduled to move into the Tokyo Grain Exchange building right before its planned merger Oct I. a grain exchange official said yesterday. The newly merged exchange will be called the Tokyo Grain Exchange until a committee to give it
          93 words
        • Article
          2.7b baht rice price support fund
          73 16 BANGKOK The Thailand government said yesterday it has given approval for the Marketing Organisation for Farmers to borrow 2.7 billion baht (SSI73 million) for its 1993 second-crop rice pricesupport plan. The organisation will borrow 2.5 billion baht from The Bank of Thailand and 200
          73 words
    • Article
      COMMODITY PRICES
      1662 16 KUDOer June 30 HAS CMNM dtty Exchange (tat HTM d« Ung as at lpa) IMS (physical prlc ts) RSS 1 Contract (S cents/kg) Buyers j t H m Close Volume Open As at 12 mm (S cents/kg) Month High Low Sett (tonnes) Interest KSS Julv 93 130 50
      1,662 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1277 17 19.6 Australian shares ended the fiscal year higher, buoyed by soaring gold stocks. "The market is still bullish on gold, and (this) drove it for most of the day," said Jenny Gough of Jardine Fleming. Most blue chips were also higher, led by strength in National Australia Bank and
        1,277 words
      • Article
        Manila
        552 17 +8.63 Share prices closed higher for the third straight day. fuelled by a technical rally and efforts by companies to improve their second quarter performance reports, brokers said. The technical rise remained as the market continued to react to a sharp drop in interest rates last Friday, brokers said.
        552 words
      • Article
        Taipei
        500 17 -72.32 Taiwan's stock index closed below a key psychological support level at 4.000 points in bearish trade, brokers said. The weighted index opened lower and extended looses in late trade, closing 72.32 points or 1.8 per cent down at 3,995.51. Turnover shrank to a slow NT$l2.4 billion from Tuesday's
        500 words
      • Article
        Seoul
        474 17 +3.18 Institutional intervention focused on financial shares pushed the stock market to a higher close, recouping an early four-point decline, brokers said. They were divided over today's market direction but said the index would show no drastic changes. "Institutions supported financial counters and KEPCO which are heavily weighted on
        474 words
      • Article
        New Zealand
        269 17 1.32 New Zealand shares pushed higher to a new three-year record. but the gain was much smaller than the rallies of the previous two days. Brokers blamed a decline in Telecom shares for the slowed rise. The New Zealand Top 40 Capital Index closed at 1,680.66, up 1.32
        269 words
      • Article
        Bombay
        52 17 +16.4 Indian stock prices rose modestly ahead of further testimony before a parliamentary panel by Bombay broker Harshad Mehta who claimed to have donated 10 million rupees for the prime minister's election. The Bombay Stock Exchange Index rose 16.40 points to 2,227.54 and the National Index gained 8.89 points
        52 words
    • WORLD STOCK MARKETS
      • Article
        London
        643 17 14 British stocks closed higher yesterday afternoon as institutional investors tallied their second-quarter results, making them hold back from trading, traders said. The FTSE 100 Index of leading British stocks rose 14 points or 0.49 per cent to close at exactly 2.900. the day's high. The intraday low was
        643 words
      • Article
        Paris
        117 17 •5.63 French shares came back from their day's lows to finish barely down, and some dealers said the market might be a bit firmer today after a two-day bout of profit-taking. The CAC-40 index ended down 5.63. or 0.28 per cent, at 1.971.87. Volume was busy at about four
        117 words
      • Article
        Stockholm
        106 17 +0.77pc Swedish shares ended the day higher. Trading was quiet, with the exception of Asea which continued to be heavily traded. The all-share index rose 0.77 percent to 1.069.91 in low turnover worth 710 million crowns. The OMXindex closed up 0.89 per cent at 844.14. while the top-16 blue
        106 words
      • Article
        Frankfurt
        161 17 -10.7 Share prices recovered some losses at session end. but still closed lower on profit-taking and positionsquaring on the last day of month. The DAX-30 closed 10.7 points lower at 1,697.63. but was ofi" its intraday low of 1.695.09. Frankfurt Jn DM Ae« IS2W unch BASF 240 50 40
        161 words
      • Article
        Brussels
        127 17 10.48 The Bcl-20 index of leading shares closed at an all-time high, pushed up by hopes of a German rate cut and a jump in Petrofina shares after breaching resistance at 9,000 francs. The Bel-20 index closed 10.48 points, or 0.83 per cent, higher at 1,279.53. Business remained at
        127 words
      • Article
        Milan
        160 17 +2 Italian stocks ended mostly lower, hurt by a lack of good news from Fiat's shareholders meeting in Turin. They said prices were also hurt by nervousness ahead of yesterday evening's three-way talks between unions, industry leaders, and the government about a nationwide wage pact. The Milan market's MIB
        160 words
      • Article
        Toronto
        277 17 •2.22 Stocks were soft in early dealings yesterday with most indices weaker as players took profits and kept the market under pressure. traders said. The TSE 300 fell 12.72 points to 3,950.51 with 15.85 million shares traded for a value of C 5156.63 million. Declines outweighed advances 231 to
        277 words
      • Article
        Amsterdam
        236 17 1.09 Dutch shares rose in trading yesterday as investors banked on lower interest rates, traders said. The EOE index of the leading 24 Dutch shares closed up 1.09 points at 324.20. Advancers outpaced decliners 15 to 8. One stock closed unchanged. Philips led the advance, gaining 80 cents to
        236 words
      • Article
        Zurich
        256 17 +0.69 Swiss shares closed mixed to higher ahead of today's Bundesbank council meeting. Dealers said they saw the market moving within narrow ranges until the Bundesbank meeting had ended. Expectations were split both over whether the German central bank would ease credit and whether the Swivs National Bank would
        256 words
      • Article
        Johannesburg
        303 17 +4 South African gold shares held at their stronger early afternoon levels by the close but investors remained reluctant to take shares sharply higher until gold proved it could break and hold above US$3BO an ounce. Industrials were given a late fillip amid mild support from unit trusts. The
        303 words
      • Article
        New York
        633 17 •11.35 Wall Street stocks were mixed yesterday, as traders squared their books at the end of the second quarter. "It's the last day of the quarter and nobody wants to do anything stupid that will show up in their win-dow-dressed portfolio." said Phil Orlando of First Capital Advisers.
        633 words
      • Article
        Untitled
        724 17 Britannia Funds Sterling Cask BM Offer Mim ap Deposit 3* 6400 31 6500 Mim Jer*» Cih 0 ISO) O IM.' Mim Ma» Income *0 9900 *1 0300 L S$ Cash Income Plus Fund 10 4700 110)00 PS Re*r»t Fund 5 2100 5 2200 Sterling tqaity Euro Performance 0 4592 0
        724 words
    • Article, Illustration
      Lock icon HONGKONG
      3005 18 Reuter HONGKONG Share prices closed slightly lower in dull trade yesterday as the market largely ignored the lack of agreement at the Joint Liaison Group (JLG) airport committee meeting in the morning, brokers said. The blue-chip Hang Seng Index finished down 8.19 points at 7.099.28 after a morning high
      Reuter; Source: Bridge Info  -  3,005 words
    • Article, Illustration
      CHINA
      510 18 HONGKONG China's domestic shares tumbled yesterday, while B shares reserved for foreigners posted advances, brokers said. The Credit Lyonnais Securities Shenzhen B index gained 0.81 per cent after plunging nearly 5 per cent on Tuesday, while Shanghai B shares inched up 0.14 per cent. Tsann Kuen Enterprise Co Ltd,
      510 words
    • Article, Illustration
      Lock icon TOKYO
      2497 18 Reuter TOKYO Stocks ended mixed in quiet trade yesterday. Investors were on the sidelines before major events scheduled for next month, including the general election, brokers said. Prices were helped on short-covering after Tuesday's falls caused by a political scandal, but rises were limited. .'"There's no new money coming
      Reuter; Source: Bridge Info  -  2,497 words
    • Article, Illustration
      Lock icon BANGKOK
      1778 18 Reuter BANGKOK Thai stocks dropped for a third straight day on further consolidation in moderate trade yesterday as most local investors were sidelined by expected weak second quarter earnings for most sectors, brokers said. The SET Index ended 1.25 points lower at 877.52 on moderate turnover of 4.26 billion
      Reuter; Source: Bridge Info  -  1,778 words
    • Article, Illustration
      Lock icon JAKARTA
      1076 18 Reuter JAKARTA Stock prices closed firmer in active trade yesterday. dealers said. The Composite Index ended 1.51 points higher at 360.35. Panin Bank and Jakarta International Hotel both gained in heavy transactions. Panin rose 50 rupiah to close at 1.900. while JIH edged up 100 rupiah to 9.300. "Foreign
      Reuter; Source: Bridge Info  -  1,076 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2569 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd 50c 11.353.000 PnmKt 7. <M6.000 Mm H>d SOc 7.9I8U00 FA< B 50c 4.544 000 kcnuwn 50c 2.595.000 AMDS 50c 1.945.000 Boustcad 50c 1.846.000 Mclroplc* 50c 1.863.000 Bedford 50c 1.748.000 Bcrjava Group 1.729.000 Pcgi Msia 1.669 000 kamuniing
      Source: Bridge Info  -  2,569 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index rises in spite of buyers' reserve
        5375 19 Bernama KUALA LUMPUR Share prices continued to slip on the Kuala Lumpur Stock Exchange yesterday on buyers' reserve and further technical correction following its recent rally. Some market participants moved to the sidelines and this further pressured sentiments during yesterday's trading session despite
        Bernama; Source: Bridge Info  -  5,375 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Shares ease as investors retreat to sidelines
        7122 20  -  By Sylvia Wong SINGAPORE Stock market activity eased yesterday as investors took to the sidelines to digest the volatility of the past fortnight. The Straits Times Industrials Index shed its morning gain to drift in the afternoon before closing 5.74 points lower at
        Source: Bridge Info  -  7,122 words
      • Article, Illustration
        Lock icon Hwa Hong Corp
        73 20  -  HOT STOCK Quak Hiang Whai HWA HONG Corporation looks like a good buy. Like many other stocks, Hwa Hong touched its record high last month at $1.74 and has since traded down sharply. Its immediate and medium term support is seen at Si.4o with its daily RSI
        SOURCE: BRIDGE INFO  -  73 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      79 9 NOW TWICE A WEEK TO JAKARTA GULF AIR STYLE Cjulf Air now has a new route you'll fly in comfort and style, to the Far East. We fly from enjoying our traditional Singapore to Jakarta every hospitality. Come fly with us Monday and Thursday. yr and discover the international Whichever
      79 words
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      959 11 Sony X HF*j mh IL WATCH MARIAH CAREY UVF IN CONCERT# WITH EVERY PURCHASE OF A MULTI-DISC PLAYER, YOU'LL GET A MUSIC VIDEO DISC i&*-," S? 4 Purchase any of these Sony Multi-Disc players from now till 11 July and we'll throw in a Music Video Disc free to heighten
      959 words
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      845 12 GP GP BATTERIES INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF AUDITED RESULTS A DIVIDEND FOR THE YEAR ENDED 31 MARCH 1993 The Board of Directors of GP Batteries International Limited is pleased to announce the audited results of the Group and the Company for the year ended
      845 words
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      Page 13 Advertisements Column 1
      152 13 <0 r Personal Investment and Finance Supplement 93 i s SH aw I *ft i Money makes money. Let the experts tell you what, where and how. Don't miss this year's supplement: "Investing around the World". There is plenty of money-making topics, including: Stocking up stocks experts review opportunities in
      152 words
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      Page 13 Advertisements Column 2
      294 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 THE COMPANIES ACT, CAP. 80 SCOTT ROSS (PRIVATE) LTD. (M MEMBERS' VOLUNTARY UOUIOATION) At an Extraordinary Oanaral Meeting of Scoß Ron (Private) Ltd duly convened and held at 12. Chancery H* Road. Singapore 1130 on Friday, the 2Slti day of June
      294 words
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      Page 13 Advertisements Column 3
      124 13 NATIONAL IRON AND STEEL LIMITED 5595.771.955 1.5% Unsecured Bonds dve 1994 lost depository receipts Nonce is hereby given that Depository Receipt No *****, ***** to ***** in ihe name of Yeoh Koh Kuan and ***** to ***** in the name of Alexandra Yee Kui Eu Alice San have been found
      124 words
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      Page 13 Advertisements Column 4
      317 13 M THE MATTER Of THE COMPANC3 ACT, CAP SO AND M THE MATTER Of FtNCNURCM MIANN A QUSK m LTD (In Mentors' Voluntary I IquMMIoiQ WOTICIOf WMAiMOTK NOTICE IS HEREBY GIVEN pursuant to Section 300 of the Companies Act. Cap 50 that a Final Meeting of the Members of the
      317 words
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      Page 13 Advertisements Column 5
      314 13 IN THE MATTER OF THE COMPANIES ACT. CAP. 5* Pursuant I* Section 290 (2Mb) AND IN THE MATTER OF CRAFTOWN TRADING (S) PTE LTD (la Voluntary Liquidation) At an Extraordinary General Meeting of Members of CRAFTOWN TRADING (S) PTE LTD duly convened and held at 133; New Bridge Road. #03-62.
      314 words
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      390 15 In This Land Of Mushrooming: Golf Courses The first golf course in Malaysia to be designed, best in the world. Equally resplendent is the constructed and supervised by Robert Trent Jones, Jr. clubhouse, on 348,000 square feet of land, a To ensure that a VI landmark inspired by professional design
      390 words
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      94 16 Where is the best place to sell a home? THE SIMS IMS OASSMED! Are you making a move to sell your single-storey terrace? A double-storey semidetached? A maisonette? An apartment? An ad in The Straits Times Classified puts you in touch with over 500,000 potential buyers who will respond quickly.
      94 words
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      Page 16 Advertisements Column 2
      36 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up when you make the i3&{\ call and vTr place an CA.T.S. ad.
      36 words
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      138 17 > ALAIN DELON PARIS DIVER Tumattle »eze» ma m 4 fi r •■mi im? r iWi'»'. m.irlf '.r r.itrh r< '.ist Hit ppl li r > f I v'.t.il luminous h All st.nnlrs', '.tcrl r.i'.f w.itrr rcmsr.)nt ino tiif tff screw- in crown hour marker* 4 r<+ \\V 1 to
      138 words
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      58 18 Singapore:THE HOUR GLASS Lucky Plaza Tel *****20/1 Scotts Tel *****27/7198 JHV Centrepoint Tel. *****96/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 ladoaesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel 21 *****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel 03-*****21V932 Yow Chuan Plaza.
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      56 20 ItflJ StagapomTHE HOUR GLASS Lucky Plan* Tel. *****20/1 Scotts Tel. *****27/7198 Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 laiiatila: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932 Yow Chuan Plaza. Kuala
      56 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sampras, Courier move closer to their goal
      767 21 Wimbledon AP, Reuter WIMBLEDON, England The world's two top-ranked men, Pete Sampras and Jim Courier, reached the Wimbledon semifinals yesterday, but all eyes were elsewhere. Attention in Sampras's 6-2 6-2 3-6 3-6 6-4 yoyo battle with reigning champion Andre Agassi was firmly fixed
      AP,; Reuter  -  767 words
    • Article, Illustration
      Lock icon Golf TV channel in the making
      739 21  -  Golf Paul Newberry on the plan to show 24 hours of golf in the US next May Paul Newberry AP BIRMINGHAM, Alabama There have been a few snickers about the notion of a 24-hour golf cable television channel. Tennis magazine mocked the plan to
      AP  -  739 words
    • Article
      Lock icon Asian basketball league set for launch
      322 21 Reuter SYDNEY An international basketball league involving teams from Asia and Australia is expected to become a reality within the next four weeks, organisers said yesterday. Four Asian cities Hongkong. Kuala Lumpur. Singapore and Manila are poised to join Perth and Cairns in Queensland's
      Reuter  -  322 words
    • Article
      Lock icon Navratilova, Graf on course for final showdown
      582 21 AP WIMBLEDON. England Almost there. Just two matches to go. Those who see the entire women's singles draw as a needless exercise to get to a Steffi Graf-Martina Navratilova final have only two players blocking the path to the big dream match. They
      AP  -  582 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Tennis
        170 21 AFP AP LONDON Wimbledon Wednevda> (x-swd): Pete Sampras (US x 1) b Andre Agassi (US x 8) 6-2 6-2 3-6 3-6 6-4; Jim Courier (US x 3) b Todd Martin (US) 6-2 7-6 (7-5) 6-3: Stefan Edbcrg (Swe x 2) b Cedric Pioline (Fra) 7-5 7-5 6-3. WIMBLEDON Barbra
        AFP; AP  -  170 words
      • Article, Illustration
        Lock icon Baseball
        77 21 AFP WASHINGTON American league I uesda\: Cleveland 8 Chicago 2: Toronto 2 Baltimore I; Minnesota 7 Seattle 5; Milwaukee 7 Boston 6: New York 4 Detroit 3 (in 10); Texas 4 Kansas City 3; Oakland 8 California 7 (in 11). National: Cincinnati 3 Houston 0; Montreal 9 Pittsburgh 2:
        AFP  -  77 words
      • Article, Illustration
        Lock icon Boxing
        181 21 AP NEW YORK Ray Mercer, knocked out of a rich hcav \weight title fight by Jesse Ferguson, was arraigned on Tuesday on a charge that he tried to offer Ferguson a US$lOO,OOO bribe to take a dive during their fight last February. "Not guilty." Mercer said. I'he 1988 Olvinpic
        AP  -  181 words
      • Article, Illustration
        Lock icon Soccer
        182 21 Reuter TORONTO The Canadian edition of Sports Illustrated, the magazine famous for its annual edition featuring women in skimpy swimsuits. has banned beefcake. Sportswear company Adidas Canada said its advertisement featuring a Canadian soccer team naked except for their football shoes was due to appear in the May issue
        Reuter  -  182 words
      • Article, Illustration
        Lock icon Golf
        116 21 AP CARNEGIE, Pennsylvania David Edwards tied a course record with a six-under-par 66 on Tuesday to win the US$7OO,OOO Family House Invitational by one stroke. Edwards, a 15-year veteran of the PGA Tour, birdied the 15th hole for a one-stroke lead. He finished with a 134 total in the
        AP  -  116 words
  • Page 21 Advertisements
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      49 21 •t*. APPLICANTS Call the Stocks Shares Hotline for: Number of Keppel Bank/TRI-M shares allocated (Securities Account No. required) Information on new share Issues Hot Shares of the week How to go scriplcss. Calls are charged at 50< a minute, sponsored by Organised by I INFiisline An SPH AudioTex Service
      49 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1168 22 ygsjffl Nothing Beats ABUCL fcffilflll WHERE TO WINE, DIME AMD ENTERTAIN ll™® a r-®i_efe' A "Heavenly" Feast Scrumptious Sichuan cuirine. Rich piping hot steamboat. Delicate Yangzhou Dianxian. Hon Sat 11.30 am to 2.30pm Sun 10.30 am to 2.30pm KtagsQ King's Hotel Clarion. A Member of CDL Hotel*. Havelock Road. Singapore
      1,168 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Race to save old films
      811 23  -  William Grimes reports on the painstaking and costly task of preserving early American-made films in a race against time William Grimes NYT THE ART of the cinema may be forever, but the film stock is not. A fourvolume report released late last week by the
      NYT  -  811 words
    • Article, Illustration
      Lock icon Facelift for 56-year-old Snow White
      304 23 NYT AFTER 56 years. Snow White was due for a make over. The film, made in 1937 as the first full-length animated feature by Walt Disney's studios, had acquired its share of dust, dirt, scratches and distortions as it was played and re-recorded over the
      NYT  -  304 words
    • Article, Illustration
      Lock icon Mum's more than a singing partner
      427 23 CHATTERBOX UPI Reuter UPI Reuter. NYT UPI COUNTRY MUSIC sensation Wynonna Judd has had considerable success as a solo act. but she confesses she was "a basket case" when mother Naomi first left their duet. "It wasn't as if she was just my singing
      UPI; Reuter; Reuter.; NYT  -  427 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      188 23 Club Barbecue fp;^| Buffet Ww %f V- AKk Eat as much as you can! J Every Thursday, Friday Saturday M at the Poobide Tee-Off Cafe. m For only $1430 (adult) and I $8.00 (child below 12 yrs old) I I from 6.30pm to 10.00pm. (Fashion show on every Thursday) S&
      188 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1099 23 TV RADIO ■\UN- as Champears, supposedly eaten up her Hp press can be. Han Raton, B.oopm, SBC 12 M Cantonese two H good friends who fall for the J| duction of the 1950s stars Yam Kim Fai. Lam Kar Sing and The Chinese Mandolin, 10.00pm, "Y**v' China Opera School in
      1,099 words
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  • THE LAW PAGE
    • Article
      Protecting investors from themselves
      925 24  -  Many do not see the prospectus as a form of legal protection, argues Walter Woon Walter Woon The writer is an associate professor and ice-dean of Law. National University of Singapore IN THE usual run of things, a person who buys something is left to look
      925 words
    • Article
      And once again — to China we will go
      230 24 And once again to China we will go Everyone's doing it, and Singapore lawyers don't want to be left out. So the Singapore Law Society's sending a delegation to China in September. The seven-day trip is being organised by the Law Society's social welfare committee with the assistance of the
      230 words
    • Article
      US$5m boost for Islamic law
      161 24 AT THE In a different kind of effort to foster international friendship and understanding. King Fahd of Saudi Arabia has given Harvard Law School US$5 million (SSB.I million) to establish the United States' most extensive programme for the study of Islamic law. The gift, announced
      161 words
    • Article
      When not golfing or swimming...
      161 24  -  By Ramesh Divyanathan Back to the Singapore Law Society, which hopes to persuade 200 lawyers to give up a weekend's golf and other leisure activities and spend the time catching up with the latest developments in their legal fields. A law society circular de- scribes
      161 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      49 24 > Nil HE HIEK HIE JUST HUB. Wit h hit ii wit n kit ii wit ii wit ii wit ii wit ai wit ii hit ii wit ii WIT IS SlMiniE SIN I SHU ISUIII? VOLVO g§§§ 8M Motors PtO LM. 249 Alexandra Road. Smgapore 0315. Tel: 473 1488.
      49 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Enhanced fax system breaks new ground
      605 25  -  f Ven Sreenivasan gives the details on *a new efficient way of delivering faxes to multiple clients Ven Sreenivasan A N INTERNATIONAL consorjf; tium is poised to introduce to 1 X South-east Asia a •i new communication technolo- gy that uses spare television I
      605 words
    • Article
      Lock icon Firm wins a cool US$30m for its CFC-free fridge
      451 25 NYT WHIRLPOOL Corp was declared the winner Tuesday of a US$3O million (SS4B million) prize for the best designed refrigerator that both saves energy and is gentler on the earth's protective ozone layer. The company used refinements in conventional technology, rather
      NYT  -  451 words
    • IN TAKES
      • Article
        Lock icon These pigs are more than bacon
        68 25 Reuter LONDON British scientists are breeding special pigs that may revolutionise transplant surgery by providing cheap supplies of organs. After eight years of research, scientists at the Cambridge company Imutran revealed yesterday they had produced Astrid a transgenic pig carrying human genes. Transgenic pigs
        Reuter  -  68 words
      • Article
        Lock icon Smoking increases risk of leukaemia
        71 25 UPI SAN FRANCISCO In yet another strike against tobacco, a study by doctors at the Kaiser Permanente Medical Centre shows that cigarette smoking increases the risk of acute nonlymphocytic leukaemia, a deadly blood cancer. The 24-year survey of 175.000 men and women found that male
        UPI  -  71 words
      • Article
        Lock icon Scientist donates malaria vaccine
        70 25 AP BOGOTA. Colombia As a boy. Manuel Elkin Patarroyo dreamed of doing something extraordinary for mankind. At 47. he turned the dream into reality by developing a vaccine for malaria and donating it to the United Nations, turning down offers from US drug companies. International immunologists
        AP  -  70 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      72 25 Pure Inspiration Presents an Exhibition of Modern Classic Furniture by Twentieth Century Masters v"jr jflr wW&Ek yyyr I I Cassina I Maestri THE MASTER DESIGNER'S COLLECTION IST-14TH JULY, 1993 SINGAPORE >W^ [Pmlnspiration Come and view this exclusive selection of some of the most sort-after furniture from Cassina. Come and be
      72 words
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  • Article
    Tough talk and bad tactics
    543 26 EDITORIAL SO, the United States administration wants to take a tougher line on trade with Japan. Tokyo is now being told that the entire relationship including the key security alliance that has been the cornerstone of post-War peace in the region is at stake. US
    543 words
  • WHAT THE OTHERS SAY
    • Article
      Asia got its word in
      211 26 THE TIMING for the Vienna world conference on human rights was appropriate, since the last one was held a generation ago in 1968 when US-Soviet rivalry dominated the world and America enjoyed wide influence in the non-communist world. But since the end of the Cold
      211 words
    • Article
      Uncalled-for attack
      133 26 THE US missile attack on Baghdad took the world by surprise, especially moderate and friendly Arab nations. By itself, the action could not have put an immediate end to Saddam's regime, which has brought untold miseries to the Kurds and Syiahs. America and its allies also would not
      133 words
    • Article
      General election indications
      156 26 THE TOKYO city polls are only routine metropolitan elections and their results have no direct effect on the long-term rule of the Liberal Democratic Party (LDP). But Tokyo, the centre of Japanese politics, economics and culture, is the capital with one-tenth of the country's population. In effect,
      156 words
    • Article
      Worried about offending China
      157 26 THE OPERATIONS of the Independent Commission Against Corruption have always been cloaked in secre- cy. Given the nature of its work, some confidentiality is necessary but there comes a point when the secretiveness becomes obsessive. Such a point appears to have been reached with the decision
      157 words
    • Article
      The missile is the message
      209 26 LAST WEEKEND'S BOMBING must have come as a shock to Iraqi dictator Saddam Hussein, whose praise of Bill Clinton's anti-war past indicated he believed that the US president would never have the heart to launch a major attack on his country. Saddam even went so
      209 words
    • Article
      We've made it
      177 26 IN THE *****, the Colonial Office in London sincerely doubted the viability of the then Malaya, prognosticating that racial discord would sooner or later tear at the seams of its artificially welded society. It kept deferring independence until some basis for consensus had been forged. The British
      177 words
  • Article
    How the US can deal with Saddam effectively
    1092 26  -  Washington has learned that it cannot just wish away the Iraqi strongman. A policy of long-term containment is what's needed, says Anthony H Cordesman Anthony H Cordesman The writer is professor of national security studies at Georgetown University and author of "After
    1,092 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      159 26 A Beach across and M B 9 touch the soul of a nation. CI thNationalDay Special Features To commemorate the 28th National Day of Singapore, the SPH group of newspapers The Straits Times, rm j rrr Lianhe Zaobao, Lianhe Wanbao, rheStraitsllmes M Booking Deadline: July 19. 1993 j. Sh,n ,M,n
      159 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      92 26 ~W£. JOB ITS&LF IS G6JT&JG I I VVO HG*£. Si* I Ct-IGJ6£ UP. SONNY—IT'sA SOUTHS FMsO I'M STiLLi wpsLf ftes>T Fou£~ You'll. to little cR rJO FUTURE.) onl>{ TENTH in lime: j BE. FIMISHEP 500N.... y l lvJ T VfOg CMiCF SUVSR ..J mT~DTi Sll f~"j ifs MOT THAT. Mg.BKISTbU.J
      92 words
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  • ANALYSIS
    • Article, Illustration
      Ignoring the fundamentals will be costly
      886 27  -  Anthony Rowley reports from Tokyo on the likelihood of a US-Japan trade war by proxy, via their currencies, while Leon Hadar reports from Washington what Clinton Administration officials are saying about stumbling blocks in the talks Leon Hadar The writer is a Tokyo-based journalist
      886 words
    • Article
      Talking numerical targets is the tough part
      866 27 CLINTON Administration officials say that the political turmoil in Japan would probably make it impossible to conclude an agreement with Japan on a framework for cutting Japan's trade deficit with the United States before the July 7 opening of the Group of Seven
      866 words
    • Article, Illustration
      The comrades beat the yankees
      744 27  -  John Helmer finds Russia delighted and relieved about its sale of MiG-29s to Malaysia John Helmer The writer is BT's Moscow Correspondent Malaysia's decision to buy the Russian MiG-29 fighter, announced on Monday, is a breakthrough for Russia's struggling military industry at a time when
      744 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      185 27 if II 11 Sear new 7 level Hotel, Retail Carpark Complex overlooking Bondi Beach. pi I# 203 Hotel Suites, each comprising separate bedroom, bathroom and lounge room area. Mm Shop Retail Arcade comprising approximately 2.213nv0f street level retailing. 328 appmx) space car park over two basement levels |ggg 5.886 m
      185 words
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  • Article
    Lock icon US judge derails Nafta pact on environmental grounds
    348 28 AP, AFP WASHINGTON A federal judge yesterday bloeked the Clinton administration from proceeding with the North American Free Trade Agreement (Nafta) with Mexico and Canada until it prepares an environmental impact statement. Mr Clinton wanted Congress to approve the agreement by January,
    AP,; AFP  -  348 words
  • Article
    Lock icon China's treasury surplus smaller than a year ago, says official
    230 28 AP BEIJING China's treasury is entering a high-expenditure period in a less favourable position than last year. Although government revenues were greater than expenses through May, the surplus was 20 billion yuan (555.63 billion) less than during the same period
    AP  -  230 words
  • Article
    Lock icon LDP seen retaining power as largest minority group
    493 28 Reuter. AP TOKYO Japan's scandalmarred ruling party, widely expected to lose its parliamentary majority in July 18 elections, could hang on to power as the dominant minority group. Political analysts said yesterday that this latest twist was a decision by the main
    Reuter.; AP  -  493 words
  • Article
    Patten likely to receive Major's backing on HK policy
    306 28  -  From Neville Stack in LONDON WHEN Hongkong governor Chris Patten goes before the Cabinet committee in Downing Street today, he can expect an endorsement of his "democratisation" policy for the colony. Sources told BT that Prime Minister John Major is privately
    306 words
  • Article, Illustration
    July 18 could be payback time for Toshiki Kaifu
    999 28  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent with a special interest in Japanese affairs. TOSHIKI KAIFU has literally come in from the cold. And believe it or not, the smart money in Tokyo is betting
    999 words
  • Article
    Lock icon US factory orders down 1.4pc in May for third month running
    377 28 Reuter, AP, AFP WASHINGTON Orders to US factories fell 1.4 per cent in May, marking the first decline for three straight months in more than two years. The Commerce Department said yesterday that orders for both durable and non-dura-ble
    Reuter,; AP,; AFP  -  377 words
  • Article
    Lock icon HK's anti-graft agency to probe functional constituency polls in response to scandal
    229 28 Reuter HONGKONG The anticorruption agency in Hongkong is to probe the colony's controversial "functional constituencies" in response to a vote-buying scandal. The government said yesterday that under a system of limited democracy, 21 of Hongkong's 60 legislators represent
    Reuter  -  229 words
  • Page 28 Advertisements
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  • Shipping Times
    • Article
      APL, Sea-Land seek to re-flag ships to cut costs
      402 29  -  By Dexter Lee SINGAPORE Stung by the US Government's decision to drop a multi-billion dollar maritime reform plan in May, two major American carriers are now seeking to re-flag their vessels to maintain competitiveness. On Tuesday, American President Companies Ltd (APC)
      402 words
    • Article
      Lock icon World environmental body formulating response plan for Malacca Straits
      274 29 Oil spill response in Asia-Pacific waters Bernama KUALA LUMPUR The Global Environmental Facility (GEF) is formulating a comprehensive regional oil spill response plan for the Straits of Malacca. The marine pollution adviser of the International Maritime Organisation (IMO), Commander Ed Thompson,
      Bernama  -  274 words
    • Article, Illustration
      Oil spill body's fees to be tied to fuel amount
      362 29  -  From Juliette Walker in KUALA LUMPUR A NEW organisation set up to fight oil spills in the region has spelled out a plan to charge participants retainer fees proportionate to the amount of fuel they handle in Asia Pacific. The
      362 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      856 29 Page Col ABC Containerline 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
      856 words
    • Article
      Lock icon MSE builds another heavyweight crane
      218 29 MOT KUALA LUMPUR Malaysia Shipyard and Engineering (MSE), the Pasir Gudang-based shipyard, has added another heavyweight crane its sixth to its shipyard operations. MSE in a statement on Monday said this is the third shipyard tower Level Luffing Crane to be fabricated and erected by
      MOT  -  218 words
    • Article
      Lock icon Damaged tanker carrying acid, oil drifting off Mexican coast
      419 29 AP MEXICO CITY A damaged tanker carrying 4,000 tonnes of highly corrosive sulphuric acid and 300 tonnes of crude oil drifted without a crew dangerously close to a resort on Mexico's west coast. The Norwegian ship, the Betula, had broken away
      AP  -  419 words
    • Article
      Lock icon European maritime industries adopt plan for collective improvements
      195 29 Reuter LONDON A report detailing envisaged improvements to Europe's maritime infrastructure has been adopted by industry representatives, a press release from the EC Commission, received here, said. The Commission issued the information following a twoday plenary session of the Maritime Industries Forum
      Reuter  -  195 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        669 30 V«H Hi N> Bdrih Arrival Departuu Vtuti Voy No Berth Arrival MMC Plft AH Conhdence 1 Bereg Vetrm 06/93 Ems Dragon 3/93 Gaya T«a 8 lag \Mhn Ma 09/93 Pnang laya SM/93 Soar Mega 17/93 Amp* Muta 06/01 93 Dew Fortuna 12/93 Dm Sempurna 13/93 Hriy Batam
        669 words
      • Article
        CONTAINER SCHEDULES
        1452 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO u T Fa CONTAINERS AND LCL C ARGO 9# Voy Hi Etb/Btr ecord Booking/Balance •riod From To Ms From Acx VMet 228 32/2000 30/1500 01/0700 01/1200 30 1659 01/1159 01/1459 30/1900 01/1400 01/1700 T™ C022E 03/2100 01/0700 01/1159 01/1400 H
        1,452 words
    • Article
      THE SHIPPING GUIDE
      9995 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LE6END PN: ship calls at Penang after
      9,995 words
    • Article
      SHIPPING AGENTS
      3334 43 A Xm.BC Coataiaerliae NV: Bclsin Shpg Agencies Pie Ltd (SVManne Handling Sdn Bhd (PK/PN). Arcwd Group: Accord Shpg Pie Lid (SVAccord Contr Line (PK/PN). Adkrn Bniieu Corporatioa Philippine: Calsourcc Shpg Trdg Pie Lid (S) Ahreakiel Limtt Service: Kim Shpg A Trdg (SI. Alhatros Sea-Air Service: Frata Shpg Pic
      3,334 words
    • Article
      COURIER SERVICES
      271 43 Abacas Coalers Tel: 545-8011. Fax; 545-1898. Air Exprm Travel Tel: 533-5771. Fax; 535-6144. Airborne Freight C orporsfioii Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Cowier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Chy-LJak International Tel: 344-3377. Fax: 345-6450. Ctarter Uak Sappties ft
      271 words
    • Article
      AIR FORWARDERS
      1409 43 Abes Express Freight Tet 542-7171. Fax: *****84. ActWc Famrier Tel: 225-1833. Fax: *****42. Tel: 542-7822* Fax: *****20. AervNak Frcaht lateraatioMl Tel: 545-803TFax: *****05. Td"542-5911. Fax: *****18. Air Cap Novo Exprea Tel: 542-5454. Fax: *****06. Tel: *****74. *****50. Air Market Express Td: 542-5966. Fax: *****10. Fax: *****16. Air-Sea Forwarders
      1,409 words
    • Article
      PORT CONDITIONS
      1722 44 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:
      1,722 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1572 44 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  -  1,572 words
    • Article
      AIR FREIGHT SCHEDULE
      559 44 ARRIVALS DEPARTURES Op Flifkt Ty»e ETA T Fro* Op FUdtf Tm ETD T T* TOOAY TODAY KAL KE697 B747F 0130 1 SEL KAL KE697 B747F 0440 I BKK SIA SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1843 1 LUX/DXB BA822
      559 words
    • Article
      CRUISE & FERRY SCHEDULES
      328 44 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Dtp Name of Vessel ETA ETD Ports of Calls Part Afeat Tctophoae No JULY 01 01 Continental Worid 1400 2100 Sin-Jakaita Lauw Sons Tnvd 227-82*4 OS 06 Continental Worid 1000 2000 Cruise to Nowhere Lauw Sons Travel 227-8284 07 07 Continental Worid 1200 2000
      328 words
    • Article
      DAILY FREIGHTS
      560 45 DECLINING freight rates for dry cargo movements on June 29 took the market further into the summer doldrums, brokers said. Reported fixtures included US Gulf/Japan heavy grain at U5524.25 and another at U5524.75, both for late July while first half July was also fixed at U5524.25. The BFl's
      560 words
    • Article
      TRANSPORT DIARY
      288 45 COURSES Tide: 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 ap- plication forms contact SPI at 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Developmental Safety Training
      288 words
    • Article
      COCKETT BUNKER MARKET REPORT
      991 45 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      991 words
    • Article, Illustration
      Lock icon Where time is money
      1349 46 With costing and berthing problems behind them, China shipyards are now trying to tackle another challenge Lloyd's List Maritime Asia ANYBODY who talked with Chinese shipbuilders a decade ago would in 1993 find the out-look of their hosts changing almost beyond recognition. Even in the early
      Lloyd's List Maritime Asia  -  1,349 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon JAS orders seven B-777 planes worth over US$820m
        333 48 UPI SEATTLE The Boeing Co announced on Tuesday that Japan Air System Co Ltd has ordered seven of the aerospace giant's new 777 jetliners in a deal worth more than US$B2O million (SSI.3 billion). Boeing said it will deliver the order's first
        UPI  -  333 words
      • Article, Illustration
        Lock icon Coming soon: a cool ride on the Amtrak
        86 48 Reuter BALTIMORE The engine of the ultra-high-speed Ice Train, known in Europe as the Inter City Express, being unloaded from a cargo ship at Baltimore's Dundalk Marine terminal on Tuesday. The train, first put into service by the German Railroad in 1991,
        Reuter  -  86 words
      • Article
        Lock icon US cargo carriers lobby for freer trade
        646 48 Commercial Aviation News SAN FRANCISCO Air cargo industry giants are campaigning vigorously to gain US government backing to dramatically expand the free flow of freight around the globe. As bilateral negotiations for passenger carriers stall, cargo airlines are trying to shift the focus
        Commercial Aviation News  -  646 words
      • Article, Illustration
        Lock icon Arrest warrant issued for former Fiat boss
        245 48 Reuter ROME Italian authorities have issued an arrest warrant for Vittorio Ghidella, the man behind the revival of Fiat's car division in the 1980s, judicial sources said on Tuesday. Magistrates in the southern port city of Bari issued the warrant in connection with
        Reuter  -  245 words
      • Article
        Lock icon Port of Auckland backs out from bid for NZ Rail
        504 48 Bloomberg Business News WELLINGTON The Port of Auckland yesterday announced it is no longer interested in bidding for govern-ment-owned New Zealand Rail, only days before the tender closes next Tuesday. The Auckland port was a partner in a consortium to
        Bloomberg Business News  -  504 words
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          Lock icon Fokker expects 1993 loss
          72 48 Bloomberg Business News AMSTERDAM Fokker NV expects to make a loss in the region of 150 million guilders (SXI27 million) in 1993, the Dutch aerospace company said in a statement on Tuesday. Action taken together with Deutsche Aerospace AG, however, "will have a positive impact on
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          Lock icon Indonesia's IPTN to redesign plane
          88 48 Reuter JAKARTA State-owned PT Industri Pesawat Terbang Nusantara (IPTN) plans to redesign its 50-seat turboprop N-250 plane into a 70-seater, programme director Djoko Sartono said. "Indonesia is facing some competitors who are ready with their 70-seaters, which are considered more economical," he told the newspaper
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          Lock icon The Corvette is 40
          52 48 Reuter WARREN, Michigan Zora Ark us Duntov, the man known as the godfather of the Corvette and its first engineer, signiig autographs as he stands next to an early Corvette model. The 40th birthday celebration for the Corvette was held on Tuesday at Chevrolet headquarters in
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          Lock icon MAS to boost Europe flights
          78 48 Reuter KUALA LUMPUR Malaysia Airlines (MAS) said it will upgrade its European services and introduce an additional flight to Amsterdam, Melbourne/Sydney, Johannesburg and Kaohsiung from July 1. A statement said the company would operate all its European services with Boeing 74? aircraft and raise the
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          Lock icon China cracks down on air ticket fraud
          131 48 AP BEUING China is cracking down on an airline ticket sham involving booking clerks who reserve seats under fake names and then sell the tickets privately, a newspaper said yesterday. Beginning today, all airlines must ensure that at least 20 per cent of
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          EVA Air receives Boeing award
          100 48 SINGAPORE US plane maker Boeing has presented Taiwan's EVA Air with an official "Award for Excellence" in recognition of the airline's maintenance standards and fleet reliability. The award was announced by Boeing engineering vice-president Bob Davis at a ceremony in Seattle to deliver EVA Air's
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1301 48 q» nm tn> n*t ra_ i MalaMa QF81 1940 QF82 2055 SQ228 2120 AanMaa SQ319 0715 KL836 2310 KL837 1445 SQ324 2345 GA975 1455 AM— SQ347 1735 WW BAH 1505 SQ288 2015 iafrala GF148 0905 MkpM 8)421 1105 SQ182 0915 SQ181 1410 »422 1205 B1429 2030
        1,301 words
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      2 29 leading Lubricant
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      21 29 Lints and Mnrtcn raprasantad by Mambaraofthaßagiatryof Accraditad Shipping Aganta, Singapore National Shipping Asaotiation For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      45 29 the FAMOUS SM/wum. For more iaformatioa please refer to P(. 13 Time is money in China, Pg 18 JAS orders B-777 pfarnes, Back Pg f STRAIGHT TALK You shouldn't have to read between, the lines to get the full picture. Companies Markets. Everyday. Businessumes mmammk
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      1257 30 TSKLJNE AGENCES (S) PTE. LTD. /mBM rI 1 V |WT|l Tel: 226-3363 JL tkJ«J\t JLERIIj# Fax: 226 1972 3 rj||/\ *7 Tu RS *****/TSKSIN TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I |}fl| U ]R? HPffffiflUfc HflfWUli IflfWfjtfi, ft »z I "h H! "m I t ii'? 1!H mnjj''
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      2466 31 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES JARIWNE SHIPPING AGENCIES SON. BHO. TEL: *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEI: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Jit BOOKINGS TEL: *****80 *****81/ *****52 IPOH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL:
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      1953 31 ■nru.ij u'in.iiJ SAILINGS TO HONG KONG/TAIWAN/JAPAN/PHILIPPINES/CHINA VERRAZANO BRIDGE V.9304 ETA SIN STH JULY 93 MATHILDE MAERSK V.9306 ETA SIN 6TH JULY 93 ANNA MAERSK V.9310 ETA SIN 7TH JULY 93 VW* Wo» ETA CTO Fm(M> By S ""XT DESTINATIONS Th* «Nk MATmiIOC MAERSK 6306 I—nWHUUffl—lWHHW—Jl——^ 06/07 o*oo MRS Cf S
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      1512 32 AQABA R OAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA KAMAKURA 29/125 1/7 1»/7 21/7 19/7 Port Keiang, Penang DRESDEN EXPRESS 11/325 3/7 12/7 18/7 21/7 24/7 26/7 28/7 Pasir Gudang KAOA 30/126 7/7 24/7 27/7 25/7 EAST
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      533 32 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for a* services C.I.S.- Vostochny, Vladivostok, Moecow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Ainu Ate North Korea Vietnam Mongolia Hungary CSFR a Poland ociwrrans AGENOES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vaaaai ETA SM VILLE DE VENUS V9229W
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      1098 32 VSUVOY^^^^^tMN^AL^^BCr^VAr^Lß^Hß^wE^lo^Al^^^^l NORASIA SMGA 9324-3 02/07 24/07 31/07 01/01 20/07 29/07 30/07 31/07 02/00 01/00 I NORASIA SHARJAH V.9325-3 01/07 31/07 07/08 00/00 04/00 05/00 06/00 07/00 09/00 00/00 I NORASIA MUBARAK 9326-3 15/07 07/00 14/08 15/06 11/01 12/0* 13/01 14/00 16/00 15/00 I NORASIA AL-MANSOORAH 9327-3 22/07 11/01 12/06 13/00
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      1938 33 STRAITS SHIPPING PTE LTD 10 Hm Chung Road #11-01 KtpM Tmmts Slwgipw 0200 Tel: *****88 Fax: *****17 {?SwSoo?oft^^SmoNS[ {JJ®* WOOK£ VIK Hwa, Lab 30-02 M 03 M 04 M ra m COWTAMKR AMD MW»iMB It KRVKt TO PAPUA MW OUMCA STRAITS mn *171 KK. Skan. Taw 02 03 U 04
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      2573 33 SINGAPORE AGENT: |JX>| I AfltQlfiafC PAO Containers (Singapore Agencies) Pte Ltd A 9 10 Hoe CNang Road #07-01 KEPPEL TOWERS. SINGAPORE 0206 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********02 IMPORT vtMCL voy fm we mm alb sou ant rot nam mm eor lxm
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      706 34 PEHfI WW mi It—t| ■ami mnm mm»n mm I 2-6/7 I n/t |u/i n/t MTN |»2WB \JUUI_J 19/1 |3>/j~ 4/» EAST COOST MB W./WY fKI STO* STP MM MB Fit MB. wo *a« sis in in 20/7 23/7 17/7 BBOTEMMEK 5tS 12/7 14/7 27/7 31/7 6/1 >. ttga 7C 1-21Z2_1
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      1938 34 HANJIN SHIPPING FOR VSL JM IM HAUL SU POX FDR VSI SM IIM HAUL SAV IM NYC HMIM HRMBUK 014E 1/7 OSECT 22/7 24/7 HANJM HAMBURG 014E 1/7 M. ASM 8101 S/t 6/1 S/S NAHM SMGAPOM OIK 8/7 DKCT 29 7 31/7 HAMN SM6APORE 010E 8/7 H. HOKKOM 8481 12/8
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      1421 34 =4*i IH" l"3"3T^ I PU IS IM UC w m OS HI H in 1U CHS H UK U in IK ra CM n V I I 2K5S 1 Ml ,I'n 82 S'J /7 w/7 /7 22/7 n/1 H/1 Mwo a/i a/i a/1 1/9 T» J/1 T» m>» a/1 a/9
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      2089 35 NEPTUNE ALMANDINE 01W eta sgp 03/07/93 II H ll ETA RDM 19/07/93, FLX 20/07/93, BRE 22/07/93 LEH 24/07/93H1 II II IKI Conmctlng C. Saturn Voy 58E in HKG 08/08/93 HI *W2 Connecting C. Jupiter Voy 66E In HKG 15/08/03 HI N VESSEL VOY Mr to* OAK VOW WT ACT CCC
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      Page 35 Advertisements Column 2
      1023 35 SINSOV SINGAPORE SOVIET SHTMNG CO PRIVATE LTD BOOKMGS: BALT ORENT LME: *****64 FESCO: *****06 ENQUMES: *****33 BLASCO ft OOESSA: *****51/*****31/*****13 MVENTORY: *****45 MWARD: *****81 OUTWARD: *****80 TRANSHFMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARME INSURANCE SERVICE: *****87/ *****87 CR NO:
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      1387 36 K46 MM tt AS AGENTS: KAWASAKI WMWI (PTE) LTD (01 lfc **********011) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W TmT m 7* MALAYSIA: "K" lk majutwi (Malaysia) son bno I t EL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I A Ail INDONESIA: P.T. SARANA LAST
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      610 36 PHILI-OniCNT UN(S PT€ LTD r 108 Robinson Road #07-00 GMQ Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE JUf- SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 1 JUL AUCKLANO, WELLINGTON. LYTTLETON, NEW PLYMOUTH, NAPIER, CHRISTCHURCH 2 JUL SUVA,
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      413 36 /Wn GOLDEN LINEA IC6 cV GUAN GUAN SHPPM6 (PTE) LID 23. T«tt Aver IM HNI 0100 TU: SM3M (11 IMS) Fa: UU3O4 (CO lb. lOUOSSOOOOO) MißlflMllgMßß S poet P. Mam Penang 60UKN KM Karachi Onto 4/10 My eaun hmnht iuicn Onto 20/201* ggyggg GOUKN Mm CNu Part: (/IM A VS.
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      966 37 SSMB PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I m ICR1 CR NO **********0E I I' I VESSEL VOY SM CMS JIB JED AOJ ADC MOO PZU KOTA WWAWAN WWM27 */S 5/7 11/7 14/7 18/7 W7 18/7 21/7 KOTA WUAYA WJAO27 15/7 21/7 27/7
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      Page 37 Advertisements Column 2
      1305 37 KSStIS W)T WA fllDlK STOW MMggg ROTTCRDAM ANTROF TtMMCS L£ HARW WLLC K Wg» 9Z29* °3/07 30/07 01/00 02/00 03/00 05/01 POt BUT 7220W W9l 0«/0« M/ 00 00/00 10/00 12/00 mu m fqwtmw oo»w ivoi 13/00 »/oo i</oo 17/00 io/oo HO.LAS MACCPOMA 0420W »/07 20/00 22/00 »/00 M/QQ JfJu
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      417 37 I BSfl nT M MYANMA pIMI FIVE STAR LINE (Myanmar National Line) Loadni for Yangon (Ran(oon) Sport PJUt Pen P.Gd» LOKAW VI99W In Port MP*-** VI92W m Port PA6AR VINN OC/M M MYOMA VW* VI43W 11/12 JUL 1/1* M MALAYS* A6EKTI HISTEAO 9VPM6 A6ENCCS ML: TU OJ-*****M KL: lEL 03-3SK7S7
      417 words
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      54 39 L/C VISA FREIGHT SERVICES PTE LTD <3l JmmmJ Established Since 1984 OCEANIA PORTS REGULAR GROUPAGE lcl consolidation AUCKLAND SYDNEY IMPORT EXPORT MELBOURNE FRENANTLE SERVICES FOR BOOKING 6t SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES FTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL* 1800-*****34
      54 words
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      1513 40 Full Container Liner Services m'. GmraJ AgMts; Beekkg Agmtx Gum Gmm Shi»Mg S* BH Cbm* CUas Skim* S* BH F.T. GMhaf Prtri IMnnto MartUm Cottar Shipping Pt§ Ltd SMI tootf* C«t» MM SI ftnfarw ffjfa MMo Mom Lt 3.34,3ri floor HUM Mi IM3 M imtritmi 47 MM Stmt ***** Fmt
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      Page 40 Advertisements Column 2
      267 40 ißfii SHINYEI SHIPPING (S) PTE LTD PIS 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SINGAPORE 0307 CW WO: HOaitOOOOOH HOT LINE! *****3S (8 LINES) EUROPE ROTTERDAM, HAMBURG FELIXSTOWE 03/07 I LEHAVRE/ANTWERP MEDITERRANEAN Barcelona, marsehxe, genoa 04/07 USA LOS ANGELES, NEW YORK 04/07 'ALL IP! DESTINATIONS. NATIONAL EXPRESS 1 WLA FORWARDERS (S)
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      439 40 I «aa »oy Jakarta spok Bangkok I OCEANA Exmss M Ml 5 JUL 2 Mill JU. 17 JUL 19 I I OCUNM EXPRESS SS U2l AUG 1 AUG I AUG 13 AUG IS I (KEFEN CONTANO AVAUMLE) I I «SS£l WT ETA SPORE 6WM (T/S) I OCEANU EXPRESS M M.
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      619 41 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 05/07 ROTTERDAM 05/07 AARHUS/COPENHAGEN 05/07 HAMBURG/BREMEN 05/07 MARSEILE/FRANCE 03/07 FELIXSTOWE/UK 05/07 BARCaONA/SPAIN 03/07 LEHAVRE/FRANCE 05/07 GENOA/ITALY 03/07 AN TWERP/BEL GAJM 05/07 LOS ANGELES/NC/P1 07/07 SYDNEY/MELBOURNE 07/07 NEW YORK/EC 07/07 FREMANTLE/ADELABE 00/07 VANCOUVER
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      623 41 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LiflM) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA LOADING FOP SPOKE anoinet 31WS oe/oe daressalaam mombasa Djibouti ASSAB MASSAWA ABYOT 33W8 05/09 DARESSALAAM MOMBASA
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      571 41 JAKARTA BANGKOK MM BHUM 04S 2/7 0/7 PRACOW SEHTOSA 42W Fri 2/7 Tm 4/7 BAA BHUM OS 3/7 7/7 NAWA BUM 140N Sat 3/7 WNd 7/7 THANA BHUM 37S 5/7 V 7 111 1!2 *11 KETHA BHUM 03N OOw 5/7 M 0/7 mm 111 10/7 PIYA BHUM* 209N Tim 6/7
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      332 41 DONGNAM A LINE mma L. mtm towTimmo manct «twaiti/ELW/»C^»n wssa SK PK M PK K m TU.SDAS *307* 4/7 4/7 «/7 U/7 21/7 mum aotr *347* u/7 u/7 u/7 u/7 »/7 a/7 HONGKONG GLORY *307* 17/7 U/7 21/7 2/1 4/4 m—i nm hp an an an n/» KSSEL SK XT
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      1429 42 d 2IV/VVM Agents: MAC-NELS SPORE: *****22 (24 LINES) xl J\y V Jr/p No; **********0E J PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 j I HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN J 1/7 2/7
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      Page 42 Advertisements Column 2
      120 42 INDOJAYA SHIPPING A TRADING PTE LTD VMM 4 eta/etd destination I Sinar Jaya 1- 2 July Jakarta/Palaaibang i Lam pong Jaya 9- S July Jakarta/ Patent bang Mao Jaya 0- 7 July Jakarta/Patembang i Partta Intan 0-10 July Jakarta/Patambang Plnang Jaya 12-13 July Jakarta/Palambang Waalan 9-10 July Oumai Wakaka 0-10
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      182 42 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD iw IM 2* vok rat KOME KNMK MK 5/7 to Pt loading tt* HUM RUVM HUNI 15/7 Loading toe C*utti (OHM ta Port Loading Foe Ma* HMD MM 0/7 loading for Ma* IBMTBI 14/7 Loading For Mate HNKKSS LJKITT 7/7
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      874 42 THONG SOON UNES PTE. LTD.] 78 SHENTON WAY #10-01. SINGAPORE 0207 TEL: *****88 FAX NO: *****11 TLX: RS ***** CARRtR, RS ***** JENHOI CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UNR: UTMOS tMQAPOM TO SARAWAK gSgL VOY S PORE PEST KSSEI Wr""""* STUE DCST EQUATOR 111 92/3E 30 JUN KUCHING EQUATOR GRACE 91/3E
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      56 45 II "the Baarfte Housekeeper -this hotel O v£l& I I w 3o s roe. Bub I'll never ngfec-k I 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
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      17 45 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. BusinessEmes —ww mm
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      715 45 TODAY'S TIDES (height in metres) HOIK 0000 0100 0200 0300 MM 05N OMO 0700 MM 09N 1000 IIN I2M 130# 1400 ISM IMO 17M ISM IMO 2MO 21M 22M 23N 1.5 1-1 OJ OS 0.1 OJ LI 13 1J 2.1 24 2.1 1J 13 L 2 LI 1.1 14 14
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      348 46 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SWGAPORE MMtH VIGOUR SWGAPORE 56N8 25/06/93 03/07/93 VIGOUR SWGAPORE 56ANB 21/06/93 03/07/93 waniK tactic zim 02/07/93 10/07/93 PORT CO SERVICE VESSEL VOYAGE SWGAPORE POUT KLANG PENANG mmm ww 24/06/93 26/06/93 MKTS Wtt 325N8 24/06/93 25/06/93 VIGOUR SWGAPORE 56M8 25/06/93 26/06/93 MAS 9384W8
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      Page 46 Advertisements Column 2
      629 46 @APPENSHIP HAMBURG ITTI CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST KSSQS 10A0MG POMS OBCHMGE/LOMMNC FOR VAMJY MATUZENKO SZCZECIN SLD GBURG SID. BILBAO SLO SPORE 05/7 HKQ 11/7 BEILUN 18/7 LOME LEY SZCZECIN 28/6 HAM 30/6 ANTW 5/7 SPORE. BKK KOALA CONTAINER LINE STORE FIX HNI
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      Page 46 Advertisements Column 3
      230 46 JLcosco 6 UKC CONVENTIONAL EERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 26/06 Rorterdem/Antwerp SBttfIBBBSBaUBH VESSEL PKL PNG P.O. LOADING FO«: A VESSEL 15/06 20/00 Huangpu/GuangzhaN COSCO WILL CQNTAMEW RERVICES fFCL/FCLI EXPORT TO: CI WIA/IANQK OK/HONGKONG EUROPE/CONTINENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSUN GULF/KARACHI Plmm reler above
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      895 47 I ▲HYUNDAI I MERCHANT MARINE CO. LTD. I WESTBOUND TO EUROPE KSgIS VOY I WW I PKE I PCD I VtSgLS ¥QY |SW I KIM <NT» IDT HUM fP~ MM ADVANCE 21* 29/06 30/06 01/07 SL MMIO 305* 05/07 23/07 23/07 24/07 25/07 25/07 27/07 NORAStt MALACCA J323A 06/07 07/07
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      Page 47 Advertisements Column 2
      442 47 STRUTS/ MRU/ STRAITS SERVICE SPECIALIST M RO-RO t HEAVY If TS noma vessels R» NT V VI IK u CMC MASTER 21 1/7 SOU UCtTA M 11/7 ISM lIAKI 21 1/7 1/7 ■EM II Ifl 1/7 11/7 m 12/7 SOI IM M 12/7 l«/ 7 mm vevtme t u/7 KM
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      Page 47 Advertisements Column 3
      1006 47 |WV IMI ETA/Of LAX |0M Idfl TdAL I MM/COL I MOU [mVC [Si AUJCATOR TRRMPW RM7A RM9/I7 25/97 27/97 2t/>7 29/97 29/>7 31/17 31/17 31/17 MACKWAC MPCE I7A 15-19/97 91/ M 93/ M M/M 95/ M R5/M M/M M/M 97/ M ttUSRTOR MBE AAA 22-23/97 99/ M 19/ M 11/
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