The Business Times, 9 July 1993

Microfilm: NL18842
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA (P) 552/12/92 Friday July 9 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Face-saving method for Iraq
      47 1 AP UNITED NATIONS UN weapons inspections in Iraq will place seals on missile testing equipment at two sites where Iraqi officials have barred video cameras. Rolf Ekeus, head of the UN Special Commission, has called the move "a face-saving method for Iraq". AP
      AP  -  47 words
    • Article
      Lock icon A very bad year for industrial firms
      83 1 Reuter NEW YORK For the world's largest industrial companies, 1992 was a bad year. One quarter of the companies on Fortune magazine's "Global 500" list lost money. General Motors Corp, Exxon Corp and Ford Motor Co ranked, respectively, as the world's three largest
      Reuter  -  83 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Thursday Change ST1I 1.802.28 -0.21 KL5E Composite 733.98 +1.32 Nikkei 19.688.67 -32 Hang Seng 7.122 39 -18.72 SET Inde* 898.53 -4.47 Jakarta Composite ...360.13 -0.15 CLSA China B 872.52 -35.7 Aust All Ord 1.782.5 +9.5 FTSE 100 2,845.9 -2.4 Thursday Previous Ipm dose Dow Jones
    111 words
  • Article, Illustration
    Lock icon KLSE under fire for Union Paper fiasco, promises probe
    617 1 Reuter, AFP, Bernama KUALA LUMPUR An independent member of the KL Stock Exchange's governing body yesterday promised to pursue allegations by investors that Union Paper shares, suspended from trading last week, had been sold-short by brokers and not by their clients.
    Reuter,; AFP,; Bernama  -  617 words
  • Article, Illustration
    Heading for The Countryside
    173 1 SINGAPORE Mission accomplished, for this couple and 79 other people. After queueing for three days, they succeeded yesterday in booking units at OCBC's The Countryside project. The couple, who booked a unit each, were at the head of the queue to buy semi-de-tached and terrace houses
    173 words
  • Article
    Lock icon China's central bank to use Western methods of market control
    181 1 AFP, Reuter BEIJING China's ccntral hank will start using Westernstyle market mechanisms to stabilise currency markets and control the money supply. People's Bank of China vice-governor Chen Yuan told a Beijing conference yesterday that the ccntral bank essentially would abandon
    AFP,; Reuter  -  181 words
  • Article
    HK can live without a China deal: Patten
    483 1  -  From Stephen Vines in HONGKONG GOVERNOR Chris Patten said yesterday that Hongkong could "live without" a deal with China on political reform in the British Colony. Speaking on the eve of crucial talks in Beijing between British Foreign Secretary Douglas Hurd and
    483 words
  • Article
    Lock icon Clinton's Apec summit proposal gets mixed reaction
    416 1 AFP TOKYO US President Bill Clinton's proposal to host a summit of leaders of the 15member Asia-Pacific Economic Cooperation (Apec) has met with mixed reactions from Apec members. In a speech on Wednesday, Mr Clinton called for a planned Apec meeting in Seattle
    AFP  -  416 words
  • Article
    Japan resists G-7 moves to extend nuclear treaty
    467 1  -  From i Anthony Rowley JAPAN yesterday resisted moves by its G-7 partners to extend indefinitely the international Nuclear Non-Prolifera-tion Treaty (NPT) due to expire in 1995. Tokyo's unwillingness to agree to the extension looks set to give rise to speculation about its
    467 words
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      141 1 I MELU/AINI I 1 II! M/ i\ 11h'i annual SALE 19 JUNE 11 JULY '93 CONTENTS I News Cow fink i S pore News 2 S'pofeM sia ..9,10.11 Regional News 3.4.6 Financial 12,13 World News 7.8 Faatevs Mariwts Analysis 25 CW>/KIS£. SES 17.18 Editorial 24 Regional 15 Sports 19 World
      141 words
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      9 1 Advertising Marketing: Pg 22 Thai retailing comes of age
      9 words
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      24 1 Hock Lock Siew: Pg 9 Options market for short sellers See Page 9 Zhu may place lop aides on central bank board, Pg 4
      24 words
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      Page 1 Advertisements Column 4
      51 1 The Bottom Line: Back /fcj 9 IUI TW vA Learning to live with tn&Tatfhadaw Alfred Dunhill Gemline Writing Instruments. Mar p/ tAc«e ftem&m* urritufy u»*irumratm itnamatr* a t/rtfr fmmtrr ,/rnrm tAe maqy p/ /acyurr 4<»a,/aMr m a natty* ftf/*** Auyuerr*/ or MW yotd/Ui+krm, a (fitime pf CVaxs/cx to treasure since
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      60 1 SoieAjet Tony Shoes Tiding Co. 3 irvwt RoaC -041. hung trsJkf %y» Hfr 1!L2M6«572K85r7 ftK 2W7421 Editorial: Hard needs some new cards, Page 24 Patten's first year in office, Page 7 G-7 to urge closer cooperation to boost economic growth. Back Page Tokyo proposes steps to stabilise commodity TOKYO SUMMIT
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon M2 growth continues to slow down
        302 2  -  By Paul Leo GROWTH in money supply M 2 continued to decline in April, falling to 5.7 per cent from a high of 12 per cent in August. M 2 comprises currency in active circulation and demand deposits (or Ml) and what is known
        Source: MAS  -  302 words
    • Article
      EDB to invest in Shenzhen biotechnology company
      356 2  -  By Teh Hooi Ling AN investment arm of the Economic Development Board and three venture capital funds have teamed up to invest in a Shenzhen biotechnology company. It is the first SingaporeChina cooperation under the science and technology cooperation agreement signed between the
      356 words
    • Article, Illustration
      Shell and BP expected to meet govt over Holland-Fairer land acquisition
      364 2  -  By Sylvia Wong OIL companies Shell and British Petroleum are expected to meet government authorities soon to find out exactly how much land they can salvage from their respective petrol stations in the Holland-Farrer-Queensway junction after a land acquisition
      364 words
    • Article
      New awards, new rule in annual report competition
      251 2 TWO new awards a Meritorious Award and a Company Award by Industry will be introduced in this year's annual report competition. Dr Richard Eu, chairman of the Annua) Report Award Committee, announced this yesterday at the launch of the 20th Annual Report
      251 words
    • NEWS ROUNDUP
      • Article
        Raising productivity in construction
        50 2 THE Construction Industry Development Board will launch two programmes to improve productivity through better use of plant and power tools. Training for plant operators will be expanded to include crawler crane operators in August, and a training scheme on power tool use will start in October.
        50 words
      • Article
        Meeting of accountants
        71 2 A ONE-DAY conference on developments and issues in accounting research and education is being held today at the School of Accountancy conference room at Nanyang Technological University. Academics and representatives of accounting firms and government agencies are attending. Speakers include Professor Lee Parker, from Australia's Hinders University,
        71 words
      • Article
        New supply of SEA Games fare-cards
        69 2 FRESH STOCKS of SEA Games commemorative fare-card sets are on sale at selected MRT stations. The cards cost $40 a set or $10 more than when they were originally offered a month ago. The new stocks, in six designs, will be on sale until
        69 words
      • Article
        Corrections & clarifications
        54 2 Corrections clarifications IN A REPORT on Wednesday "Semicon equipment maker's business soars" we said that Astra Microtronics was a company associated with Indonesia's Soeryadjaya family. This is incorrect. Astra Microtronics is a wholly-owned subsidiary of PT Astra International, in which the Soeryadjaya family does not now own shares. We are
        54 words
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      483 2 DANIEL HECHTER PARIS distinctive menswear Boutique: 435 Orchard Road #01-29 Wisma Atria Singapore 0923 Tel: 733 5842. Also available at leading department stores LIBERALISATION AND RATIONALISATION OF FISCAL POLICIES TO STIMULATE INTRA-ASEAN TRADE July 20,1993 THE CROWN PRINCESS KUALA LUMPUR, MALAYSIA Current currency limitations for investment in other ASEAN countries.
      483 words
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      170 2 W sInvestment and Finance m mm mwmum Supplement -l WUppiVHieill 99 ,l<- I-? ~-f{* > &--s*£•'"•;. .v. ~wm Can Singapore property prices go higher? How safe an investment are foreign properties? Where are Singapore and Malaysian stocks headed? What about Hongkong stocks? This year's supplement "Investing around the World" will
      170 words
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  • THE REGION
    • Article
      Lock icon M'sia may be heading for power glut: Tenaga chief
      529 3 Reuter KUALA LUMPUR In vivid contrast to other parts of Asia. Malaysia may he heading towards a power glut following a stampede ot' private firms into the energy business. "There are many people wanting to supply electricity. If the government starts
      Reuter  -  529 words
    • Article, Illustration
      Lock icon Viet army exercise takes to the river
      39 3 Reuter VINH PHU, Vietnam— Vietnamese army soldiers from the infantry in Vinh Phu province crossing the I hao River, clutching their rifles and personal belongings during a military exercise, on Wednesday. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Thais deny helping Khmer Rouge capture border temple
      257 3 AFP BANGKOK Memories of a bitter border dispute between Thailand and Cambodia were revived yesterday as Thailand rejected any involvement in the Khmer Rouge capture of a famous temple in northern Cambodia. In Phnom Penh, meanwhile, Prince Norodom Sihanouk, Cambodia's head of
      AFP  -  257 words
    • Article
      Lock icon IMF admits Manila can do without programme
      384 3 AFP MANILA The Philippine economy can take otY even without an an International Monetary Fund (IMF) programme but an agreement would accelerate the process. IMF resident representative Christophere Browne, muting previous criticism of President Fidel Ramos's government, said in a statement yesterday that
      AFP  -  384 words
    • Article
      Philippines relying more on exports than loans: Navarro
      340 3  -  From Al Labita in MANILA THE Philippines now relies more on exports and investments than foreign loans in its push to become a "tiger economy" by the year 2000. Trade and Industry Secretary Rizalino Navarro told the Philippine Chamber of Commerce and
      340 words
    • Article
      Lock icon Jakarta says S Korea, Taiwan dumping synthetic fibres
      277 3 AFP JAKARTA Producers of synthetic fibres have charged South Korea and Taiwan with dumping synthetic fibres in Indonesia and threatening their industry. Yosihi Karasawa. an executive of the Association of Indonesian Synthetic Fibre Producers which groups 13 companies, said yesterday that the
      AFP  -  277 words
    • Article, Illustration
      Lock icon KL keen to raise savings, cut reliance on foreign loans
      232 3 AFP KUALA LUMPUR Malaysia. concerned over falling savings, has pleaded with its private sector for prudence and help to cut reliance on foreign loans to fund investments needed to fuel growth. Finance Minister Anwar Ibrahim yesterday called on the banks
      AFP  -  232 words
    • Article
      Aussie miner CRA in gold deal with Laos
      306 3  -  By Florence Chong VIENTIANE Australian miner CRA has signed a deal with the Laotian government to look for gold in the south of the country. If the project looks viable and CRA proceeds with a mine, sources say the final investment could
      306 words
    • Article
      Lock icon KL team to evaluate MiG-29s in Moscow
      150 3 AFP KUALA LUMPUR Malaysia is sending an air force team to Moscow next week to evaluate the technology of MiG-29 fighter jets the country was buying from Russia Malaysia wants to know the full capabilities of the aircraft before signing up to buy
      AFP  -  150 words
    • ASIA NOTES
      • Article
        Lock icon Thai politician complains of oppression
        59 4 AFP BANGKOK The leader of a party in Thailand's fractious coalition government has complained that his group was being treated "worse than a minor wife" by the prime minister's people. Montri Pongpanich yesterday accused the government's senior partner, the Democrat Party of Prime Minister Chuan
        AFP  -  59 words
      • Article
        Lock icon India to tighten child labour laws
        114 4 Reuter NEW DELHI India is planning new laws to outlaw employment of children under 14 years of age. Labour Minister Purno Sangma said yesterday that a Bill to tighten existing loopholes in labour laws in order to safeguard the rights of working children would
        Reuter  -  114 words
      • Article
        Lock icon Jakarta confident of Dutch trade
        81 4 Reuter THE HAGUE Indonesia's decision last year to reject all Dutch government aid has not had any negative impact on its trade with the Netherlands, Indonesian Minister of Trade Satrio Budihardjo Judono said yesterday. Dutch imports from Indonesia rose to US$66O million (S$ 1.069 billion)
        Reuter  -  81 words
      • Article
        Lock icon Japanese get travel tips
        111 4 Reuter TOKYO Japan's transport ministry, alarmed by increasing attacks on citizens overseas, has published leaflets telling them how to "freeze", "duck" and "get lost". A ministry spokesman said yesterday that the leaflets, containing about 40 English words and expressions, are aimed at preparing Japanese tourists and
        Reuter  -  111 words
      • Article
        Lock icon Taiwan central bank issues warning
        92 4 Knight-Rider TAIPEI Samuel Hsieh, governor of the Central Bank of China, has warned Taiwan bankers and businessmen that China's deteriorating economic situation will affect Taiwan. Local media yesterday quoted Mr Hsieh as saying that measures taken by Chinese authorities to tighten credit could negatively influence
        Knight-Rider  -  92 words
    • Article
      Lock icon Swedish firm linked to Taipei kickback scandal
      217 4 AP TAIPEI An opposition legislator says Nationalist government officials and lawmakers received US$3B million (5561.5 million) in kickbacks from a Swedish company to help it win major telecommunications contracts. The accusation by Yen Chin Fu of the Democratic Progressive Party on Wednesday was
      AP  -  217 words
    • Article
      Lock icon Hyundai strife exacts heavy toll on S Korean exports
      507 4 Reuter SEOUL Labour strife bedevilling South Korea's mighty Hyundai group is damaging the nation's export drive and may spell doom for many industries which rely on the conglomerate for their livelihood. "We forecast exports would total US$B3.5 billion (*****.2 billion) this
      Reuter  -  507 words
    • Article, Illustration
      Lock icon But will it run in the rain?
      42 4 Reuter TAEJON, South Korea Despite the rain, spectators turned out yesterday to view this solar-powered car, one of the attractions at the World Expo '93, which opens next month in this South Korean city. Reuter
      Reuter  -  42 words
    • Article
      Lock icon China to cut taxes on state-run enterprises
      272 4 UPI HONGKONG China will cut taxes on state-run companies to levels imposed on pri-vately-owned and foreign-funded firms under reforms designed for its developing free market economy, the pro-China Ta Kung Pao daily reported yesterday. A foreign analyst said the reforms would have slight
      UPI  -  272 words
    • Article
      S'pore concerned that infrastructure projects proposed in China may not all be viable
      299 4  -  From Yong Pow Ang in WEIHAI SOME Singapore officials are concerned about the viability of infrastructure projects proposed by cities in China's Shandong province. The competition between the cities appears to have raised fears of duplication. "Every
      299 words
    • Article
      Lock icon Zhu Rongji may place top aides on central bank board
      277 4 Bloomberg Business News HONGKONG Now that Chinese Vice-Premier Zhu Rongji has taken over the country's central bank, some of his top aides are expected to take scats in the boardroom. Hao Xiang Jie, an official in the foreign affairs department
      Bloomberg Business News  -  277 words
    • Article
      Lock icon Austerity drive won't hit HK, says Beijing
      538 4 Reuter. UPI HONGKONG A senior Chinese official has tried to calm fears in Hongkong that Beijing's austerity drive will hit the colony's economy hard, a China-controlled newspaper reported yesterday. Wang Qiren, a deputy director of Beijing's Hongkong and Macau Affairs Office, has also
      Reuter.; UPI  -  538 words
    • Article
      Lock icon Japan prosecutors to lift lid on new scandal
      675 6 Shady links between lawmakers and construction firms may be exposed Reuter TOKYO Japanese prosecutors are hoping to lift the lid on a new scandal that could expose shady links between lawmakers and construction companies, ofTicials said yesterday. Tokyo's new chief prosecutor said
      Reuter  -  675 words
    • Article, Illustration
      Lock icon Aussie jobless rate at 11.1pc in June
      564 6 Reuter SYDNEY Australia's unemployment rate soared in June, but the number of people working also grew in what analysts said yesterday was the first encouraging sign in the labour market for many months. They said the figures showing the jobless rate rose to
      Reuter; AFP  -  564 words
    • Article
      Lock icon Keating hopes Asia will gain from Seattle summit
      542 6 AFP SYDNEY Australian Prime Minister Paul Keating hopes to meet US President Bill Clinton in Washington in September to prepare for a summit which Canberra believes could be as important for Asia as the Treaty of Rome was for Europe. Rome set
      AFP  -  542 words
    • Article, Illustration
      Lock icon India to concentrate more on tackling its acute poverty problem
      608 6 Reuter BOMBAY The Indian government, introducing rapid liberalisation of the previouslyprotected economy, is shifting its focus to direct more resources to the country's poorest, according to Prime Minister P V Narasimha Rao. "It is the social sector that now commands
      Reuter  -  608 words
    • Article
      Lock icon Indian farm sector expected to enjoy 3.9pc growth
      407 6 Reuter BOMBAY A satisfactory monsoon, aided by a better supply of fertilisers, is expected to boost Indian agricultural growth in 1993-94 ending March to 3.9 per cent from 3.3 in the previous year. The Centre for Monitoring the Indian Economy (CMIE), a
      Reuter  -  407 words
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      239 3 The First ever No Sale of handknotted carpets is being held in Singapore. The exhibition and sale will be held in over 10,000 sq ft of air conditioned comfort. EQESQ&2QZEQ3SQ9 Amongst the carpets displayed will be 100 pieces of verifiable antiquity in our Antique Cornet BSxmTinTTffKTOflTffiyCT All the carpets exhibited
      239 words
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      Page 4 Advertisements Column 1
      135 4 fl It Is IK 11*. i p N Mi N I p ife. Lease a Waterside apartment; get a 'Country Club' and the sea as well Enjoy complete recreation facilities, even as you admire the magnificient sea view from your elegantly fitted apartments. Appreciate the convenient location The Waterside is
      135 words
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      301 4 STRATEGIES FOR GLOBAL COMPETITION August 18 -20,1993 551,850 SIM members/552,100 non-members Participants will gain an understanding of the increasingly complex global environment; analyse the nature of world competitors, industries, and market interaction; to examine international marketing, manufacturing, and economics, also to gain sensitivity to cultural and governmental influences abroad. Key
      301 words
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      93 5 MITSUBISHI I 1 if-mm t f n ISiHK SIGMR 1 I tiere s more I Iki n a hi n 1 »>t ihe heasi in I hi" -1i lre Mitsubishi Si^iii,i <, •> j (1 1\ r uel -11i |ei leil f iiul llc milpuieriseil engine ,m J i r\insmissi<>n
      93 words
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  • Page 6 Advertisements
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      139 6 ■''JfFJ'IWT »"V 'M VRADISE! Located right at heart of Gold Coast with 18 Golf Courses P n Gol f c °urse 8 of them; Sanctuary Cove, Hope Island, Palm Op PARADISE Meadows. Royal Pines. Parkwood, Southport, j9HI EXHIBITION Surfers Paradise Carrara within walking Date: 10 &11 July 93 (Sat Sun)
      139 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Shaking up the political life of HK
      1086 7  -  Chris Patten's first year in office From Stephen Vines in HONGKONG MOST days of the week, Hongkong Governor Chris Patten wakes up to find himself described in the pro-Beijing press as either a liar, a hypocrite or, on occasion, a prostitute. After his
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      222 7 Bf wOßmS&fr Vi WHEN THE FRENCH DESIGNED LUXURY MASS APPEAL WAS NOT THE ™HHBHBBSi^ DRIVING FORCE. (Is it any wonder we rarely nave towkays at our snowroom?) You probably havent seen many XMs on tne road. uninitiated, heres an advice Beware wnen you drive Which isn t a surprise. A
      222 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Florida still popular with visitors
        65 8 AP TALLAHASSEE. Florida April tourism statistics gave Florida officials hope that the state's reputation as a vacation spot was not badly damaged by violence against visitors last autumn and this spring. The Department of Commerce reported the state's busiest April for tourism in three years,
        AP  -  65 words
      • Article
        Lock icon EC sends teams to Russian N-plants
        63 8 AFP TOKYO The European Community has sent eight permanent teams to civilian nuclear power plants in Russia, ending negotiations on installing European experts at Russian sites, European Commission vice-president Sir Leon Brittan said here yesterday. EC contribution to upgrading Russian nuclear safety will total
        AFP  -  63 words
      • Article, Illustration
        Lock icon Temporary halt for lorries
        45 8 AFP TATARY, CIS A construction worker sitting at what remains of the Camaz lorry factory on Wednesday. The factory, the largest lorry production plant in the world, was destroyed by fire three months ago. Rebuilding of the plant has begun. AFP
        AFP  -  45 words
      • Article
        Lock icon King Hussein in hospital
        54 8 UPI CAIRO King Hussein of Jordan was hospitalised on Wednesday after suffering heart beat irregularities. Radio Amman said in a broadcast monitored here. An unnamed medical official at the Jordanian royal palace was quoted by the radio as saying that the King's heart trouble was the
        UPI  -  54 words
      • Article
        Lock icon US expects Nafta deal on environment
        72 8 Reuter TOKYO The United States expects to strike a deal with Canada and Mexico on ways to protect the environment and workers in the North American Free Trade Agreement negotiations, US Trade Representative Mickey Kantor said yesterday. He said the Clinton Administration would go
        Reuter  -  72 words
      • Article
        Lock icon IRA warns of bombings in London
        38 8 AP DUBLIN The Irish Republican Army has warned more than 50 foreign banks and other overseas business companies with offices in London to expect more bombings there. Republican News reported yesterday. AP
        AP  -  38 words
    • Article
      Lock icon Foreigners cutting back their investments in the US
      448 8 Declining trend led by German and Japanese companies: report Reuter WASHINGTON Foreigners, notably Japanese and Germans. trimmed investments in the United States in 1992 after pumping tens of billions of dollars into plants and real estate, the Commerce Department said on Wednesday.
      Reuter  -  448 words
    • Article
      Lock icon Commonwealth may lift sanctions on S Africa this month
      276 8 Reuter OTTAWA Commonwealth nations could lift economic sanctions against South Africa as early as July 19 if there is agreement on the composition of a transitional government, Canadian officials said on Wednesday. The 26 parties negotiating an end to white minority
      Reuter  -  276 words
    • Article, Illustration
      Lock icon Europe's runaway paper machines swamping market
      669 8 Reuter AMSTERDAM Round the clock in Europe, huge machines each bigger than a row of houses churn out mountains of paper for newspapers, magazines, tissues, books, packaging, photocopiers and faxes. Since the late 1980s, this production, roughly 50 million tonnes a year, has been
      Reuter  -  669 words
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      886 8 EES CREDIT SUISSE BALANCE SHEET al 31 December 19»2 jS .JS imctc o? 9 Qfr innne Aval, guarantee and indemnity liabilities 8 591 9 069 857 Liabilities in respect of letters of credit 10 580 11 280 979 Cash 1 309 1 180 665 Endorsement liabilities in respect of rediscountings
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      94 8 Canadian mtA interna^ona I School (Singapore) I Mrs. Kaye Hanson, consultant to I the Canadian International School I I will be conducting I I a seminar to introduce the I I Ontario Elementary Programme, I I scheduled to commence in Sept 93 I I The seminar will be held on
      94 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      QAF was mystery buyer of 7.8 million HTP shares
      592 9  -  By Joyce Quek SINGAPORE The mystery over Jack Chia-MPH's sale of its HTP shares is unravelling to reveal the state-owned China Everbright Holdings and food-based QAF Ltd as major shareholders with a combined stake of about 20.3 per cent. The Hong
      592 words
    • Article
      Lock icon 3.3m Union Paper shares to be bought-in today
      207 9 Bernama KUALA LUMPUR The buying-in exercise of 3315 million Union Paper Holdings Bhd shares will be instituted for one session only today at 2 pm. The Kuala Lumpur Stock Exchange (KLSE) said in a statement here yesterday that the buying-in price was
      Bernama  -  207 words
    • Article, Illustration
      Short-sellers of Renong, Idris shares hit by SES directive on contract settlement
      568 9  -  By R Sivanithy SINGAPORE The Stock Exchange of Singapore's June 24 directive enforcing settlement within 10 days of the trading date appears to have hit mainly short-sellers of two popular, speculative Malaysian counters Renong and Idris Hydraulic. Both
      568 words
    • Article
      Options market an option for short-sellers
      753 9  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE Short-selling in the stock market here is taboo, and has received a lot of publicity lately, with both the Kuala Lumpur Stock Exchange and the Stock Exchange of Singapore stepping in over the last two weeks to
      753 words
    • Article
      Parkway to raise $127m for repayment and refinancing
      362 9  -  By Lilian Ang SINGAPORE Parkway Holdings plans to raise about $127 million, which will mainly repay and refinance existing borrowings. The property-based group will raise the funds through $50 million of unsecured bonds due in 1998, US$4O million (5564.8 million) of unsecured
      362 words
    • Article, Illustration
      Lock icon SUMMARY
      345 9 Source: Bridge Info Performance of STII's Index stocks Jul 8 Last Sent liln Stock sale hf» factor aonrs <$) Avimo 2 100 0 010 I 65 -66 67 A< 6 450 -0 100 5 46 666 67 Cerefcos 5 450 0 100 4 28-666 67 FAN 12 600 9
      Source: Bridge Info  -  345 words
    • Article
      Dharmala raises stake in Causeway
      168 9 SINGAPORE Indonesia's Dharmala group has lifted its stake in Singapore-listed industrial equipment supplier Causeway Investment to 16.6 per cent or 10.02 million shares. Causeway said yesterday that DMT Nominees had increased its stake by 4.8 per cent or 2.9 million shares in the previous two
      168 words
    • Article
      Lock icon Kulim makes cash call for M$274.9m
      170 9 Bernama KUALA LUMPUR Plantation group Kulim (Malaysia) Bhd has proposed a cash call to raise M 5274.87 million (S$ 173.17 million) to finance its proposed acquisitions. A Kulim statement here yesterday said it proposed to acquire a 100 per cent equity interest in Yule
      Bernama  -  170 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Hotel Properties buys new company
          44 10 SINGAPORE Hotel Properties has bought newly incorporated Atlantatech (M) Sdn Bhd, which has an authorised and initial paid-up capital of MS 100,000 (5563,100) and Ms 2 respectively. The new unit will acquire and operate the Haagen-Daz franchise in Malaysia.
          44 words
        • Article
          Foreign shareholdings in UOB units
          52 10 SINGAPORE United Overseas Bank Group said that as at the end of the second quarter, the foreign shareholdings in its subsidiaries were: United Overseas Bank 40 per cent; United Overseas Insurance 16.98 per cent; United Overseas Finance 2.28 per cent; and Industrial Commercial Bank 2.26
          52 words
        • Article
          Seri Alam marketing Johor properties
          71 10 SINGAPORE Seri Alam Properties Sdn Bhd, in which DBS Land holds a 30 per cent stake, will market a total of 119 residential units, shophouses and warehouses in Seri Alam, Johor, today. They comprise 33 units of double-storey terrace houses costing M$ 155,000 (5597,650) each,
          71 words
        • Article
          Corrections and clarifications
          66 10 IN OUR ARTICLE "Tat Lec promotes Goh Tju Kiang to deputy president" on July 5, we said Mr Goh was previously senior vice-president at the bank. It should have been senior executive vice-president. We also said Mr Goh had a 4 per cent interest in Tat Lee's
          66 words
      • Article
        UNIT TRUSTS & FUNDS
        478 10 UNIT TRUSTS FUNDS Miami r pm> Jul 9 Insurance Fund «.t «i_!» t i Income Bond Policy 3.26 3.38 Singapore unix irusi The Commerce 1.33 I 40 Prudential The Savings Fund 1.20 1.26 PruLink Mgd Fund 1.14 1.20 S'porc Prog Fund 0.56 0.59 MADA i.n.li S pore Sec Fund 0.89
        478 words
      • Article
        Thai phone project requires offshore loan
        228 10  -  By Quak Hiang Whai SINGAPORE Goldman Sachs, which is advising on a major telephone expansion project in Thailand, is inviting banks to Finance part of the scheme. About US$2OO million (***** million) will be raised offshore, according to the international debt newsletter Basis Points.
        228 words
      • Article
        Panin Bank to raise 150b rupiah by selling stakes in 2 insurers
        376 10  -  By William Chia SINGAPORE Listed Panin Bank plans to raise up to 150 billion rupiah (S$ 116 million) through the sale of its stakes in two insurance companies. Under a restructuring plan to be carried out in several
        376 words
      • Article
        Thai Airways head dies of heart attack on plane
        451 10  -  From Loh Hui Yin THAI Airways International chairman Pandit Bunyapana, who brcame the first civilian to head the airline last year, has died of a heart attack during a flight home from London. His death and the impending retirement of Thai
        451 words
      • Article, Illustration
        Lock icon Seven Network's A$600m flotation will pit Murdoch against Packer
        531 10 Reuter SYDNEY Australia's second largest television group Seven Network Ltd announced an AS6OO million (SS66O million) float yesterday, heralding media mogul Rupert Murdoch's return to national television. Australian-born Murdoch, who controls the global media company The News Corp Ltd, will take
        Reuter  -  531 words
      • Article
        Lock icon Aussie stocks surge to highest level since global crash in 1987
        605 10 MARKET WATCH" Reuter SYDNEY Australian stocks yesterday rose to the highest level since the global stock market crash in 1987, fuelled by a surge in bullion prices and speculation of an imminent cut in Australian interest rates. The All
        Reuter  -  605 words
      • Article, Illustration
        Lock icon Gerstner to overhaul IBM marketing force in US
        471 11 NYT NEW YORK Providing the first glimpse of his plans to revive IBM, Louis V Gerstner Jr, the new chief executive, has decided to overhaul the company's 40,000-member marketing force in the United States. Instead of continuing to organise the sales staff
        NYT  -  471 words
      • Article
        Lock icon Caterpillar accused of breaching EC competition law
        183 11 FT LONDON Caterpillar, the world's largest construction equipment group, faces European Community fines for alleged "serious infringements" of competition laws. The European Commission's DG IV competition directorate claims Caterpillar has used discriminatory pricing and other means to discourage parallel trading, in which independent
        FT  -  183 words
      • Article
        Lock icon Nokia acts to concentrate on telecoms
        389 11 FT LONDON Nokia, Europe's biggest manufacturer of cellular mobile telephones, has moved to strengthen its position in the Far East and the US by buying out its partner in two joint ventures. The purchases continue the Finnish group's efforts to focus on telecommunications and
        FT  -  389 words
      • Article
        Lock icon Merged Krupp-Hoesch posts 320m-mark loss in first half
        381 11 FT ESSEN Krupp-Hoesch, the merged German steel and engineering group, continued its downward slide in the first six months of the year, recording a 320-million-mark (Ss3os million) loss. The company's poor results were blamed on heavy operating losses and reorganisation costs in
        FT  -  381 words
      • Article, Illustration
        Lock icon Wang moves closer to emerging from bankruptcy protection
        328 11 NYT BOSTON Wang Laboratories Inc moved closer to emerging from bankruptcy protection on Wednesday by announcing an amended reorganisation plan in a US bankruptcy court in Boston. It also announced a new board of directors that includes former Senator Paul Tsongas and
        NYT  -  328 words
      • COMPANY BRIEFS
        • Article
          Lock icon BHP strikes gas in North West Shelf
          56 11 Knight-Ridder SYDNEY Australia's largest company. Broken Hill Proprietary Ltd. said yesterday it had detected gas and liquid hydrocarbons at its West Muiron-5 well in the North West Shelf. BHP has a 71.43 per cent interest in the Murion joint venture with Ampolex Ltd.
          Knight-Ridder  -  56 words
        • Article
          Judge orders MCI to detail prices
          108 11 WASHINGTON A federal judge on Wednesday ordered MCI Communications to disclose its prices to large corporate customers in greater detail, a ruling that strengthens the hand of American Telephone Telegraph Co. The order by Judge Stanley S Harris means that MCI will have to
          108 words
        • Article
          Lock icon Fire victims want CP Group to pay
          77 11 Reuter BANGKOK About two dozen workers from a toy factory staged a protest at the office of the Charoen Pokphand (CP) Group yesterday seeking higher compensation after a fire in May that left them jobless and killed 188 of their colleagues. The workers,
          Reuter  -  77 words
        • Article
          Lock icon Bayer to skip issuing employee shares
          51 11 Reuter LEVERKUSEN. Germany Chemical group Bayer AG said it would not issue employee shares this year due to the difficult economic situation. Bayer has said this year's profit outlook is uncertain after 1992 net earnings dropped to 1.5 billion marks from 1.8 billion marks.
          Reuter  -  51 words
        • Article
          Lock icon Smurfit cleared of wrongdoing
          98 11 Reuter DUBLIN Michael Smurfit, executive chairman of paper packaging company Jefferson Smurfit Group pic, has been cleared of any wrongdoing by an official enquiry into property transactions at Telecom Eireann. The report of the enquiry, published yesterday, said Michael Smurfit had no financial interest in the
          Reuter  -  98 words
    • FINANCE
      • Article
        Stanchart sells S'pore and HK trustee business
        492 12  -  By Magdalene Ng SINGAPORE As part of its ongoing move to divest non-core business and assets, Standard Chartered pic is selling its institutional trustee business in Singapore and Hongkong to international financial group Bank of Bermuda. The British banking giant's institutional trust business
        492 words
      • Article
        Lock icon Indonesia set for new financial instruments
        318 12 Reuter JAKARTA Indonesia's financial markets, swimming in 1 a sea of rupiah with few bor- i rowers or lenders, are setting their sights on commercial pa- 1 per, bonds and yther instru- < ments to drum up business. i "Corporations are reluctant 1 to
        Reuter  -  318 words
      • Article
        Dresdner opens branch in Labuan
        225 12 SINGAPORE Dresdner Bank will become the first German bank to open a branch in l ahitin, an offshore financial centre being aggressively promoted by the Malaysian government. A statement from the bank's Singapore office said an offshore presence in Labuan will allow the German banking
        225 words
      • Article
        HSBC sets up £800m holding company in London
        429 12  -  From Catherine Ong MORE control of the Hongkongßank group's activities is shifting to London following its takeover of Midland Bank pic last year. HSBC Holdings, the Lon-don-based parent of one of Asia's most profitable banks, yesterday announced the setting up of a
        429 words
      • Article
        UOB opens second Indon branch
        176 12  -  By Soh Tiang Keng THE United Overseas Bank's joint venture in Indonesia PT United Overseas Bank Bali (UOBB) has got the nod to open a full-service branch in Surabaya. UOB announced yesterday that the Surabaya branch in Java will open for business tomorrow. The new
        176 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Gold set for long rally after a decade of poor fundamentals
        426 13 NYT NEW YORK Now investors know this gold rally has legs. But how's its stamina? So far, pretty good. Spot gold prices flirted with the level of US$4OO an ounce on Wednesday for the first time in almost three
        NYT  -  426 words
      • Article
        Lock icon Aussie miners flaunt gold assets as bullion prices surge
        442 13 Reuter SYDNEY More Australian mining groups may join the recent rush to spin oft their gold assets as world prices for the precious metal continue to surge, analysts said on Thursday. They said that with bullion prices reaching US$4OO an ounce,
        Reuter  -  442 words
      • Article, Illustration
        Lock icon Bleak outlook for Germany's coal industry as steel cutbacks continue
        429 13 Reuter ESSEN The European steel crisis is accelerating the demise of the heavily-subsidised west German coal mining industry. The industry, which produces hard coal at nearly four times world prices and cannot survive without subsidies, agreed in 1991 to slash
        Reuter  -  429 words
      • Article
        Lock icon UK to pass North Sea oil tax for firms
        155 13 Platts LONDON THE UK government is expected to pass new arrangements on North Sea oil and gas taxation at a final reading in Parliament early next week after gaining support from the industry for an extension to transitional relief on exploration
        Platts  -  155 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        171 13 THE dollar/yen again led the market in volatility yesterday with various statements out of the ongoing G-7 meeting in Tokyo deciding the yen's fortunes. Against the Ss, the USS opened at the day's high around 1.6220/25. The US$ was heavy all day, weighed down by
        171 words
      • Article
        Lock icon London
        201 13 Bloomberg Business News LONDON The dollar ended higher in Europe yesterday. That followed a large drop in US jobless rate and reflected rising pressure on the Bundesbank to ease credit again to stave off tensions in the European exchange rate mechanism, traders said. The dollar was stuck in a
        Bloomberg Business News  -  201 words
      • Article
        Prices plunge to 28-month low
        330 13 Bloomberg ENERGY REPORT LONDON Crude oil priccs in New York and London tumbled to a 28-month low yesterday as traders said the possibility of a resumption of Iraqi exports, high refinery output, and stagnant demand undermined priccs. Iraqi officials arc meeting with UN ofTicials in
        330 words
      • Article
        Lock icon New York
        76 13 AFP NEW YORK The dollar was mixed against major currencies in New York yesterday, rising against the yen but falling against the German mark in moderate trading. The greenback fell to 1.7070 German marks from 1.7095 late on Wednesday but rose to 108.60 yen from 107.95. The dollar
        AFP  -  76 words
      • Article, Illustration
        Untitled
        1454 13 J rade-wetfhied mJi calculated agajml S'pore'i top 14 trading partner* Ba.se year 198* USS/SS forward rates Noon July 8 S$ BW Offer 1-month 1.6203 ***** 2-month 1.6203 1.6218 3-month 1.6203 I.62II 6-month ***** ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltan aa My 7 Singapore dollars to oae
        1,454 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady after brief descent
        1471 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended steady yesterday after a brief fall on the back of a news report that a Eederal Reserve board member is opting for a push up in interest rates, traders said. "(Lawrence) Lindsey's statement favouring higher short-term
        Reuter  -  1,471 words
      • Article
        KL tin adds two sen on correction
        601 14 COMMODITY REPORTS Tin TIN price on the Kuala Lumpur Tin Market added two sen to close at MS 12.72 per kg on technical correction yesterday. Dealers said the metal was traded steadily as buyers came in to support falling prices but European interest
        601 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Russian aluminium prices up 20pc
          94 14 MOSCOW Russian aluminium producers have increased ex-works prices by 20 per cent, compared with last month's average levels, a spokesman for the Alumini company, the umbrella state aluminium producer, told Kmght-Ridder Financial News yesterday. Prices are adjusted by producers on a monthly basis, the official
          94 words
        • Article
          Reneged China copper cargoes
          58 14 TOKYO A rash of distressed copper cargoes en route to China from South America and elsewhere is serving to pressure regional market premiums, trade sources say. Chinese copper importers, facing financing problems in recent months due to currency fluctuations and government efforts to tighten credit, have
          58 words
        • Article
          Norilsk Nickel's privatisation
          90 14 MOSCOW Russian President Boris Yeltsin has issued two decrees on the first stage of privatisation of Norilsk Nickel, the government press office announced. Norilsk Nickel, Russia's main nickel producer. which employs 150,000 people, produces 75 per cent of the country's total nickel output. Its output is around
          90 words
        • Article
          Success in removing price control
          62 14 HONGKONG Price controls on grain products have been removed in 90 per cent of China's counties and cities, the official China Daily newspaper reported yesterday. Rationing of grain and edible oil has been abolished nationwide, the paper added. Prices are now set by supply and
          62 words
    • Article
      COMMODITY PRICES
      1644 14 Rubber July 8 IMS Cmnm «ty Frrtftg ■c m ■TM dt tiag at at lpai) MS (physical pricas) RSS 1 Contract (S cents/kg) Bayars Close Volume Open As at 12 aaaa is ccnts/Kg; Month rligh Low Sett (tonnes) Interest RSS 2 Aug 93 130.50 131.50N Aug Sep Oct
      1,644 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1162 15 -1-9.5 Strong gold prices pushed Australian shares to close at a new post-1987 crash record yesterday. But bullion's failure to push through the key US$4OO an ounce level toppled the stockmarket from its day high. "The market eased when gold dropped in Hongkong there were great expectations it would
        1,162 words
      • Article
        Manila
        549 15 +24.27 Share prices rose across the board in a market that seemed to have shrugged off bleak eco- nomic forecasts and appeared poised for a bull run. The Manila Stock Exchange Composite Index climbed 24.27 points to close at 1,630.77 while the Makati Index rose 23.59 points to 1,668.96.
        549 words
      • Article
        Taipei
        547 15 -2.79 Taiwan stocks ended mixed on slight profit-taking from early gains, but brokers said the market's near-term technical trend had improved and a small rebound could resume in the coming days. The weighted index, which rose some 38 points at one stage, closed 2.79 points down at 4,017.59. Turnover
        547 words
      • Article
        Seoul
        458 15 +7.57 Across-the-board buying interest with strong institutional support pushed the stock market to a higher close in improved trading volumes, brokers said. They forecast the market would face a see-saw match between buyers and sellers today with the index ending flat. The composite stock index added 7.57 points to
        458 words
      • Article
        New Zealand
        293 15 +4.16 The New Zealand share market closed firmer, recouping most of Wednesday's 5.52 point loss and brokers said the market has solid support. The NZSE-40 Capital Index closed up 4.16 points at 1,716.49 on a volume of NZ$3B million which was mostly concentrated in leading shares. However, there
        293 words
      • Article
        Bombay
        37 15 -31.72 Stocks improved slightly in kerb deals, but brokers said business was lacklustre. The Bombay Stock Exchange (BSE) Index closed at 2,221.68, down 31.72 from the previous close. The National Index fell 10.77 points to 1,040.83.
        37 words
    • WORLD STOCK MARKETS
      • Article
        London
        614 15 -2.4 Share prices ended mostly lower yesterday, weighed by FTSE futures amid indications investors had switched into sharply higher German and French equities, dealers said. The FTSE 100 Index closed 2.4 points off at 2,845.9, towards the bottom end of the day's narrow 13.5 point range. "It was a
        614 words
      • Article
        Paris
        137 15 +36.64 French shares soared during the afternoon to close just under two percent higher, pulled up by the 3.72 percent rise in the German stock market, dealers said. Buying of baskets of CAC-40 index stock and orders from foreign investors boosted volume, they said. The CAC-40 Index closed up
        137 words
      • Article
        Frankfurt
        211 15 +63.94 German share prices are likely to hold on to sharp gains notched up over the last 24 hours as long as market optimism that Germany is heading for recovery proves to be realistic, analysts and economists said. The 30-share DAX Index closed 63.94 points or 3.72 per cent
        211 words
      • Article
        Brussels
        165 15 +8.89 Belgian shares ended firmer and dealers said they expected the Bel-20 Index of leading shares to rise further today on the first day of the forward market. Dealers said the Belgian share market was moving in line with bullish trade seen in Germany and the Netherlands, adding that
        165 words
      • Article
        Amsterdam
        251 15 +3.06 Dutch shares, led by chemicals Akzo and DSM, held steady at their new heights after the EOE Index broke its four-year-old all-time high of 329.94 earlier in the session. The EOE Index of the 24 leading shares was 3.06 points higher at 330.02 by 1000 GMT with dealers
        251 words
      • Article
        Zurich
        264 15 +15.82 Swiss shares ended at a new record high as investors. inspired by a rally on the Frankfurt bourse, turned to industrial shares and insurers from banks. Industrial stocks and insurers were neglected during the recent bull run which had concentrated on bank shares. But many dealers said the
        264 words
      • Article
        Johannesburg
        314 15 -28 South African gold shares fell victim to a steady stream of profit-taking in active trade yesterday, dealers said. Dealers said the market, which many analysts felt was overpriced, fell on disappointment in gold's failure to breach US$4OO an ounce and then its dip below US$395. The gold index
        314 words
      • Article
        Toronto
        290 15 -11.65 Stocks fell off in early dealings yesterday as precious metals and oil and gas issues lost further ground. traders said. The TSE 300 Index fell 25.07 points to 3,947.65 in trade of 14.76 million shares valued at C 5171.71 million. Declines outpaced advances 275 to 158, with 193
        290 words
      • Article
        New York
        877 15 +25.74 Blue-chip stocks extended their rally into a second session yesterday, bolstered by auto and technology stocks and a rebound in the battered transport sector. The Dow Jones Industrial Average was up 35.98 points to 3,511.65 at 1 pm EDT. In the broad market, gainers led declining issues
        877 words
      • Article
        Untitled
        902 15 Britannia Funds Sterling Cash Bid Offer Mim jp DcpoMi )8 6400 <>VI0 MimJenevCiH 0 189) O lW Mim Ma» Worn* *0 9400 *1 OMO L'SS Cash Income Plus Fund I0 5VW *****0 PS S Reserve Fund 5 2100 5 2200 Sterling Lqnl> Euro Performance 0 4592 044)1 Far Em Fund
        902 words
    • Article, Illustration
      Lock icon HONGKONG
      3001 16 Reuter HONGKONG Stocks closed slightly lower as investors trimmed holdings ahead of British Foreign Secretary Douglas Hurd's meeting today with his Chinese counterpart in Beijing, brokers said. The blue chip Hang Seng Index closed down 18.72 points, or 0.26 per cent, at 7,122.39. It was up 28 points in
      Reuter; Source: Bridge Info  -  3,001 words
    • Article, Illustration
      CHINA
      488 16 HONGKONG China stocks continued to slump yesterday, hit by the news of Beijing's impending credit crunch, and talk of moves to improve B share disclosure failed to bolster sagging confidence. The indices for B shares aimed at foreign investors have fallen by 3 per cent in Shanghai and 7
      488 words
    • Article, Illustration
      Lock icon TOKYO
      2473 16 Reuter TOKYO Stocks ended mixed in moderately active trade yesterday, brokers said. Volume was boosted by trade of over 140 million Nikkatsu shares, but overall the market was quiet. Investors remained cautious ahead of today's settlement of stock index options and parliamentary elections on July 18. "Investors are ignoring
      Reuter; Source: Bridge Info  -  2,473 words
    • Article, Illustration
      Lock icon BANGKOK
      1885 16 Reuter BANGKOK Stocks eased on profit-taking yesterday in the wake of Wednesday's gains, brokers said. The SET Index dropped 4.47 points to close at 898.53 on active turnover of 7.75 billion baht. In the first half hour of the morning session, the index had hit a high of 908.68
      Reuter; Source: Bridge Info  -  1,885 words
    • Article, Illustration
      Lock icon JAKARTA
      1102 16 Reuter JAKARTA Stock prices ended mixed at the close of trading yesterday, with several major shares easing slightly, brokers said. The official index closed 0.15 point lower at 360.13. "Selling pressure outpaced efforts to support prices on some counters." one broker said, adding many foreign players were not active
      Reuter; Source: Bridge Info  -  1,102 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2686 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Pcgi Msia 4.806.001) Mulpha Intl 50c 2 608 000 Promet 2.48V.OOO Idris Hvd 50c 2.W2.000 FAt B 50c 2.001.000 Bedford 50c 1.918.000 Kenong Bhd 50c 1.783.000 BouMcad 50c 1.777.000 KL Industries 1.546.000 Hexzatorpn 50c— 1.543.000 Multi-Purpose 1.234.000 Sime Dart>>
      Source: Bridge Info  -  2,686 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Players cautious about large overnight positions
        5202 17 Bernama KUALA LUMPUR Investors unloaded positions for quick profits yesterday afternoon, leading share prices here to close mixed after rising steadily over the morning session on bargain-hunting activity. The 85-stock KLSE Composite Index fell back from an intra-day high of 736.75 to 733.98, up
        Bernama; Source: Bridge Info  -  5,202 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index eases as market mood stays cautious
        7564 18  -  By Schutz Lee SINGAPORE Caution prevailed in the Singapore stock market yesterday, causing the 30-share Straits Times Industrials Index to ease 0.21 point to 1.802.28. The STU had dipped below the 1.800 level in the last hour of trading before lastminute buying of
        Source: Bridge Info  -  7,564 words
      • Article, Illustration
        Lock icon Goldtron
        71 18  -  HOT STOCK Paul Leo GOLDTRON will test its record high and resistance at 52.24 in the next few days. But it is unlikely to break through as it is overbought. Monthly, weekly and daily RSIs are above 75. indicating that a correction is imminent. After hitting $2.24, the stock
        SOURCE: BRIDGE INFO  -  71 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      79 9 NOW TWICE A WEEK TO JAKARTA GULF AIR STYLE Gulf 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 ITI hospitality. Come fly with us Monday and Thursday. anc discover international Whichever
      79 words
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      708 10 Dividends table has been held over Westdeutsche Landesbank Girozentrale (Incorporated in Germany) Consolidated Balance Sheet as at December 31.1992 Assets 1992 1991 Liabilities 1992 1991 In DM thousands -In DM thousands Cash on hand 50,438 48.062 Liabilities to affiliated banks 13,151,770 15.151.639 Balance with Deutsche Bundesbank 979,213 1.404,505 Liabilities to
      708 words
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      100 11 Prime Land from *SSIO SSI2 per sq ft (ranging from 8,600 18.800 sq ft Inclusive of PRIVILEGED membership to Golf Country Club at p.-*-.-" Jr fJ (su*- 4 I '-r —r,"T"r —-**•—a i A short'2-hour drive is all it takes W to get you to your SsB6,ooo* dream bungalow plot
      100 words
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      512 12 GB HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thatthe Annual General Meeting of the Company will beheld at the Company's Registered Office, 26 JalanTerusan.JurongTown, Singapore 2261 on Tuesday 27th July 1993 at 10.00 am to transact the following business:1. To
      512 words
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      Page 12 Advertisements Column 2
      192 12 fIN THE MATTER OF THE\ I COMPANIES ACT, CAP SO ANO IN THE MATTER OF HARPER QILFILLAN PROPERTIES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FWIALMEETINO NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50 that a Final Meeting of the Members of the
      192 words
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      Page 12 Advertisements Column 3
      172 12 BIM^N^S^TMIv^ES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 FORM 96 (Ruts 112) NOTICE OF MEETING (GENERAL FORM) IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINOtNG-UP NO. *****1 IN THE MATTER OF THE COMPANIES ACT. CAP. 90 ANO IN THE MATTER OF MBA SERVICES PTE LTD Take notice
      172 words
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      Page 12 Advertisements Column 4
      236 12 SIME SINGAPORE LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES i The undermentioned share certificates have been reported lost, mislaid or destroyed:CerlHlnsli Nn to Ilia Itemed Mo. oißhf— *****2 TanPohSim Ixl.ooo *****3 Pang Bm Kuan 1i 1.000 NOTICE IS HEREBY GIVEN that new certificates will be issued and the original certificates
      236 words
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      Page 12 Advertisements Column 5
      211 12 FORM 69 (3) NOTICE Of INTENDED DIVIDE NO TO PREFERENTIAL CREDITORS M THE MATTER OF THE COMPANIES ACT CAP. SO ANO IN THE MATTER OF PEIAQIUS YACHT SERVICES PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Address of Registered Office Loyoog Offshore Supply Base Loyang Crescent Singapore 1750 Last Day For Receiving
      211 words
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      Page 12 Advertisements Column 6
      442 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 ANO M THE MATTER OP CANDOR PTE LTD (l^i Uqutdawß) NOTICE OP SPECIAL ANO OROMARY RESOLUTIONS [Pursuant to Section 290(2)<b)] At an Extraordinary Ganeral Meeting of tha Company held at 9 Panang Road *12-00 Parti Mall. Singapore 0023 on tha 2nd
      442 words
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      Page 12 Advertisements Column 7
      400 12 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF LEXWEAR SINGAPORE PTE LTD (In Mimbtfi 1 Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Sacßow 290(2Kb)] At an Extraordinary General Meeting ol the Company held at 9 Penang Road *12-00 Park Mail. Singapore
      400 words
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      Page 12 Advertisements Column 8
      323 12 IN THE MATTER OF THE COMPANIES ACT, CAP, 50 AND IN THE MATTER OF HIAP SOON ENGINEERING CONSTRUCTION (1953) PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290 (1> (b)l At an Extraordinary General Meeting of the members of HIAP SOON ENGINEERING (1983)PTF. LTD, duly
      323 words
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      176 13 Peat Marwick Management Consultants pte ltd SEMINAR ACTIVITY BASED COSTING IN BANKS A STRATEGIC COST MANAGEMENT TOOL FOR THE 1990s 17 August 1993 Westin Stamford Hotel KPMG Peat Marwick Management Consultants pte ltd will be holding a half day seminar on the practical application of activity based costing (ABC) in
      176 words
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      Page 14 Advertisements Column 1
      213 14 The People s Construction Bank of China U5570,000,000 Tranche A Floating Rate Notes due 2000 U5550,000,000 Tranche B Floating Rate Notes due 1998 For the interest period from 9 July 1993 to 10 January 1994 the Notes will bear interest as follows: Tranche A at 4.1 per annum Tranche Bat
      213 words
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      Page 14 Advertisements Column 2
      17 14 JUST CALL; 737-1166 Business heats up when you make the call and place an ad. CJL.T.S. |737-11«6|
      17 words
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      Page 14 Advertisements Column 3
      29 14 As and when the latest London/ Rotterdam prices are not available, the previous trading diy's closing figures are carried instead offers the most current list of job 1 opportunities
      29 words
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      Page 15 Advertisements Column 1
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      23 words
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      Page 17 Advertisements Column 1
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      35 words
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      16 18 See the exciting range of Mitsubishi cars today... while stocks last. CycWaCuHiimAutemotvH»Ud. 153AfaxawdraloW,fingpyoi■0315.1*1:*****21. CVCLt CAJMMGC HOICKS
      16 words
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  • SPORTS
    • Article, Illustration
      Lock icon Davis Love III seeks repeat of last year's glory
      397 19 Golf AP WILLIAMSBURG, Virginia Winning a tournament and more than U*****,000 would be a pretty good season for most PGA Tour players. Not so for Davis Love 111. Seventeen events into his 1993 season. Love finds himself almost on the defensive
      AP  -  397 words
    • Article, Illustration
      Lock icon Parnevik leads Scottish Open
      365 19 Golf AFP GLENEAGLES, Scotland Sweden's Jesper Parnevik fired a six under par 64 to lead the Scottish Open on Wednesday. The 28-year-old Parnevik hit six successive birdies to close his round with a secondhalf 29 at the King's Course. That put him three clear of Londoner
      AFP  -  365 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        200 19 NYT SAN FRANCISCO Steve Young. San Francisco quarterback, has no fear that he will not have a new contract by the time the 49ers open training camp next Wednesday. "There's really a lot of pressure on everybody to make sure it's done so we start off on the
        NYT  -  200 words
      • Article, Illustration
        Lock icon Athletics
        165 19 AP LAUSANNE, Switzerland Eight-time Olympic champion Carl Lewis clocked the fastest 200-metre dash of the year on Wednesday to the delight of everyone himself, some 17.000 adoring fans and Athletissima track meet organizers who paid USS 100.000 for his appearance. said to be a European record for a single
        AP  -  165 words
      • Article, Illustration
        Lock icon Baseball
        69 19 Reuter NEW YORK American League Wednesday: Detroit 8 Minnesota 4; Milwaukee 7 Texas 6; Oakland 3 Cleveland 0; Seattle 6 NY 5; California 7 Boston 6: Chicago 5 Toronto 2; Baltimore 8 Kansas City 3. National: Philadelphia 7 LA 6 (in 20); San Diego 2 NY 0: Cincinnati 4
        Reuter  -  69 words
      • Article, Illustration
        Lock icon Basketball
        123 19 AP EASr RUTHERFORD, New Jersey The New Jersey Nets announced on Wednesday they will create a college scholarship fund for Croatian students in honor of Drazen Petrovic. who died in an auto accident last month. General manager Willis Reed said the team wants to honour the Croatian guard, who
        AP  -  123 words
      • Article, Illustration
        Lock icon Golf
        104 19 AFP GLEN EAGLES, Scotland Scottish Open first round leaders Wednesday (GB unless stated, x de- notes amateur): 64 J Parno ik (Swe) 67 R Lee 68 D Basson (SA) 69 R Chapman. G Evans. M Sunesson (Swe). P Way. D Clarke. P Baker. V Fernandez (Arg). G Nicklaus (US)
        AFP  -  104 words
      • Article, Illustration
        Lock icon Rugby
        178 19 AP SYDNEY Australia's world champion rugby union team risks being "annihilated" by archrival New Zealand if it does not improve its form, coach Bob Dwyer said yesterday. Australia faces the All Blacks in the Bledisloe Cup game in Dunedin on July 17 needing to improve greatly on its performance
        AP  -  178 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        78 19 AP NAGOYA, Japan American \kebono. or (had Rowan, scored his fifth victory against no defeats Thursday and shared the lead with popular Wakanohana and lowerranked Tochinowaka in the 15-da> Nago\a Grand Sumo Tournament. Akebono. Japan's first foreign yoko/una (grand champion), charged sekiwake (junior champion) Takanonami with hand thrusts
        AP  -  78 words
      • Article, Illustration
        Lock icon Swimming
        43 19 AFP SANTOS, Brazil Brazil earned a 4xloo men's freestyle relay world record on Wednesday in a 25-me-tre pool. The team of Gustavo Borges. Jose Carlos Souza Junior. Tcofilo Ferreira and Fernando Scherer swam 3min 13.975 ec at the national swimming championships. AFP
        AFP  -  43 words
      • Article, Illustration
        Lock icon Tennis
        191 19 AFP Reuter AFP lOKYO Gunze tournament Ist round on Thursday Women: Magdalena Maleeva (Bui) b MarvJoe Kernande/ (US) 6-3 6-4: Amanda Cottier (SA) b Ai Sugivama (Jap) 6-1 7-6 (7/5). Men: Mark Woodforde (Aus) b Andrei Cherkasov (Rus) 7-6 (7/1)4-6 6-3. AFP NEWPORT", Rhode Island Hall of tame Championships
        AFP; Reuter  -  191 words
    • Article
      Lock icon Eight first-time starters picked for All-Star teams
      212 19 AP NEW YORK There will be a new look to the All-Star teams that take the field in Baltimore next Tuesday night. Eight first-time starters were elected on Wednesday by fans, the most new starters since nine were chosen in 1976. "It's a
      AP  -  212 words
    • Article
      Lock icon The Garden's boxing club throws its last punch
      606 19  -  By Dave Anderson NYT NEW YORK Between bouts in the Felt Forum that evening, ring announcer Johnny Addie took the microphone and intoned. "With us tonight is the lightweight champion of the world. Scotland's Ken Buchanan." Stepping aside, Addie waited for Buchanan
      NYT  -  606 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      737 19 S-E-Banken Skandtaavlska EnsWda Banken Head Office: Kungstradgardsgatan 8, Stockholm, Sweden. BALANCE SHEET PROFIT AND LOSS ACCOUNTS DECEMBER 31 The Group The Group 1992 1991 SEK M SEK M SEK M SEK M Operating income icM>< Interest income 51,104 47,074 Cash 1.903 2,481 Interest costs 44,467 37,625 Clearing receivables 885 1.207
      737 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      618 20 Mfl Nothing Beats ABucLlft&ya OF /ASEAN 1 *93 Organisers: Carrie Entertainment A Orchard Hotel July 11 High Tea Preview Preview the regions's top 10 finalists, decked in clothes by SAGA, during an afternoon of high tea at the f Orchard Ballroom. At $19.50++ per adult and $12++ I per child.
      618 words
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      Page 20 Advertisements Column 2
      270 20 WHERE TO WINE, DINE AND ENTERTAIN Make Up For Every Meal You've Had To Skip This Week If you've been living on a solid diet of work-and-not-much-else lately, give yourself a well-earned rest and head for the Plaza Hotel's Seafood Theatre Restaurant this weekend. Select any item from our special
      270 words
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      Page 20 Advertisements Column 3
      205 20 v& SIBKBmHiiHiHi 1 lam to 1230 am daily a Fancy a cold beer while listening to your favourite darts, backgammon and many other ways to have fun, fun, fun!! and you can have your for your future visits. Complimentary snacks. I rf.ooLUtoB.oopm 30% discount. rhsiNGAPORt g Room Reservations call \}y
      205 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Getting ready for a breakthrough
      1023 21  -  Yes, dinosaurs are in for the summer movies. Just about every producer and agent are getting in the act. But Bernard Weinraub expects only two to be the season's major winners Bernard Weinraub NYT The summer just started in the Real World, but in Hollywood
      NYT  -  1,023 words
    • Article, Illustration
      Lock icon Mel Gibson accepts apology
      427 21 CHATTERBOX UPI Reuter UPI UPI MEL GIBSON has accepted an apology from a British tabloid that ran a story claiming he had accused fellow movie stars of playing "obscene" roles. In the settlement reached on Tuesday, the Daily Express agreed to a statement saying the April
      UPI; Reuter  -  427 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      201 21 J 9 oh Music Forest (KTV) Karaoke Lounge ®:tt(KTV)-^eOKHli The Oasis 3rd level, 50 Kallang Paik, S'pore 1439. Tel: 447-3916,447-3965 jk SING J TO THE LATEST HITS IN TOWN W Private KTV rooms available for your singing pleasure Birthday Parties Free Champagne for orders above $250 Company Functions Gatherings (buffets
      201 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1398 21 TV RADIO Tell Mom H This 1991 comedy begins on a Jr pleasantly dark note when J mum goes away on holiday the l l J cranky minder dies. A girl y> looks after her siblings but this Mk «mmp**9 fades into a teenager's fantasy MlH* about into business. Iraq:
      1,398 words
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  • ADVERTISING & MARKETING
    • Article
      Thai retail comes of age
      563 22  -  Potential competition is forcing Thai retailers to seek foreign expertise. Alan Boyd reports from Bangkok Alan Boyd THAI retail firms are importing foreign marketing and distribution expertise as they brace for tougher competition from new superstores and convenience marts. Department store floor space in Bangkok
      563 words
    • Article, Illustration
      Lock icon You're no longer an A, B or C
      847 22 FT ARE YOU an Age Acceptor or an Age Modifier? Perhaps you arc a Successful Idealist, an Affluent Materialist or a paid-up member of the Resigned Poor. Do you live in an Along-with-the-Drift or a Boom-then-Decline neighbourhood? One thing's for sure you
      FT; Punch cartoon  -  847 words
    • Article
      Lock icon You liked the polars? Now bear with this
      566 22 NYT The Coca-Cola Co has more news that Madison Avenue might find hard to. you should pardon the expression, bear. It was bad enough, traditional agencies have growled, that a Hollywood talent agency wrested creative control over the Coke brand's 1993 global
      NYT  -  566 words
    • Article, Illustration
      Lock icon Different strokes for different folks
      718 23  -  Corinne Kerk on a research group's emphasis on understanding its clients' needs Corinne Kerk Everyone's needs and problems are different. And on that basis, John Goodyear, chairman and chief executive of the Market Behaviour group, believes research has an indispensable role in today's business environment.
      Photo by Arthur Lee  -  718 words
    • Article
      Lock icon Perrier launches new ad focusing on bubbles
      468 23 NYT THE American marketer of Perrier hopes to put the fizz back into lagging sales with advertising that celebrates something much more basic than the brand's cachet: its bubbles. A series of television commercials, which begin running this week, are silent but for
      NYT  -  468 words
    • COPY LINES
      • Article
        Hamish Banks is new Leo Burnett chief
        46 23 LEO BURNETT Singapore has appointed Hamish Banks managing director. Mr Banks was formerly based in Hongkong and was international account director handling Burnett's Cathay Pacific Airways business. He succeeds Jim Patterson, managing director of the local office since 1991.
        46 words
      • Article
        Aussie kit for travel agents
        56 23 THE Australian Tourist Commission has produced a new kit to familiarise travel agents with what goes on Down Under. The Australian Training Kit comprises two videos, a work book and a set of work sheets. The kit covers every thing from currency, visas to drinking
        56 words
      • Article
        O&M appoints new head for Asia-Pacific
        53 23 OGILVY MATHER Worldwide has appointed Francois Tiger president of its Asia-Pacific operations from Sep I. He will be responsible for all aspects of client service and development. Rod Wright will continue as regional chairman and take on additional head office responsibilities towards the end
        53 words
      • Article
        Shakey's News
        48 23 SHAKEY'S Pizza Restaurants has launched a new publication for its customers in Singapore. Some 15.000 copies of the first issue of Shakey's AVm.v have been distributed through outlets and direct mail. Shakey's (Singapore) Pte Ltd has appointed public relations consultancy Universal Communications to produce the quarterly.
        48 words
      • Article
        NETS survey on shopping habits
        42 23 A NETS survey on shopping habits found people have different expectations of shops in different locations: buying depends on where people shop. Price is the key factor when deciding where to shop, followed bv courtesy and convenience.
        42 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      162 22 YOirVK NEVER HAD IT SO GOOD! A Windsurfing, water-skiing, snorkelling, kayak, pedalo, tennis, archery, glass bottomed boat ride, kias mini club, shoppingrfj :'S.', (Squash, golf casino, if available at your choice of hotel) r~?T Hurryl Only Valid for May; June A July. f jtl i/v* (Departure: Wednesday/Saturday) 'J- EDAM /formerly
      162 words
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      Page 22 Advertisements Column 2
      341 22 ENVIRONMEXASIA/WATERMEXASIA93 TV 2nd Asian International Environmental Management The 2nd Asian International Water Management Technology Equipment 6 Control Svstems. Exhibition IHSSSSIH Technology Equipment 4 Control Systems Exhibition 4 Conference 4 Conference 4 7 October 1993 P^VwS^ bnotoE Wori<lTradeCtl treSin g > P ore FnvirOß®®®rj 1, The timely event that promised you
      341 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      104 23 jj Royal Melbourne institute Lygon St cafes A dental INCREDIBLE VALUE I INVESTMENT OPPORTUNITY FBOMJOSII A 1 g A AAA Mm Choice of 2or 3 Bedrooms just 250 m to the Central Business District. A\ y|v#« W w W I The Regent Hotel, Singapore tomlinsonßOOM.LEVEi2 CENTRAL EQUITY ASIA PTE LTD.,
      104 words
    • Advertisement
      Page 23 Advertisements Column 2
      362 23 Jt JL. fet MULTIPURPOSE CORRECTION PEN MITSUBISHI PENCIL CO..LTD. JAPAN Touches up on mistakes easily and smartly. Can be used on all types of water soluble or oil-based ink. No thinner necessary. Available at all leading department stores. Sold Agent: t BALMAR MARKETING Tel: 235 9577 Member of Jebsen Jessen
      362 words
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  • Article
    Hurd needs some new cards
    559 24 EDITORIAL A MAN of Douglas Hurd's experience must know by now that China will not stand to be pushed around by Britain on the future of Hongkong. Asked why the surprise decision to visit Beijing, Mr Hurd said it was to "make it plain to
    559 words
  • WHAT THE OTHERS SAY
    • Article
      An opening for Vietnam
      240 24 THE US DECISION not to biock international loans for Vietnam any longer is an important step towards the latter's economic rehabilitation and reintegration in the world economy. Hanoi could be the beneficiary of up to US$3OO million from the International Monetary Fund (IMF), an equal sum
      240 words
    • Article
      Upbeat start to summit
      183 24 THE 19TH ANNUAL SUMMIT of leading industrialised nations which began on Wednesday in Tokyo may present a major breakthrough in resuscitating the General Agreement on Tariffs and Trade. Leaders of the seven major industrial powers began their annual economic summit on an upbeat note. The US
      183 words
    • Article
      Sceptical about the summit
      251 24 THE G-7 SUMMIT began in Tokyo on Wednesday. The common sentiment is that it would be difficult for the G-7 nations to resolve their differences and reach a compromise on major issues during the three-day meet. Still, the annual meeting is a chance that some would
      251 words
    • Article
      A South African mirage
      177 24 AFTER 350 YEARS of white-minority rule, that "date with destiny" April 27, 1994, set for the first allrace elections in South Africa must seem like a mirage. It might still well be, although now that the clock is ticking it would be more difficult to renege
      177 words
    • Article
      A chance for Cambodian peace?
      188 24 IF ONE CHOSE to view the latest developments in Cambodia with optimism, it would seem that Prince Sihanouk, who is now leading the newly-formed government. has eliminated the last hurdle in his effort to secure the future of his administration. Apparently the Khmer Rouge, the
      188 words
  • Article
    Lock icon The lure of Latin America
    1270 24  -  Despite its fear that foreign capital will be diverted to Eastern Europe now that communism there is passe, billions of dollars continue to pour into Latin America. Lawrence Malkin reports Lawrence Malkin IHT WHEN communism collapsed at the turn of the decade, the loudest cries
    IHT  -  1,270 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      148 24 RUN YOUR OWN HI-TECH MARKETING PROGRAM FOR AS LITTLE AS $500 F»EFt MONTH Yes! with SPH BizFone Service, you can Or try for yourself some of our BizFone run a gamut of Marketing and Promotion advertisers' applications: programs such as Electronic Lucky Draw, Consumer Poll, Tele-ordering", MOH Health Line 1-800-742
      148 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      100 24 (10 us ioo all) how corne-Vou gkls in rwe Tv/pi *y\ vfN?r or-ofe PußniTorg J POOL SRues Reps. owies tu£n/ 7 in TouihiP rA\ -m* s&& C AMOCIATtO WWIWHIH LTD.. IWHWI ViU- WW POONESBURY GARRY TRUDEAU YUP' JUST IVS BEEN BETTER, ZONK. 7?€~\ Llf fa GOTTEN 15 THAT CHECH NO
      100 words
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  • ANALYSIS
    • Article
      Lock icon Keeping the summits relevant
      877 25  -  New blood from the developing wodd, the most dynamic part of the global economy today, needs to be brought in to broaden the Group of Seven, writes Geoffrey Bell Geoffrey Bell The writer is an investment banker in Hew York and executive secretary of the Group
      IHT  -  877 words
    • Article, Illustration
      Lock icon Good tool but big problem
      1340 25  -  Trade experts are warning that America's strong-yen policy could backfire as it is making it more expensive for US companies to do business in Japan. James Sterngold reports James Sterngold NYT THE RESURGENT yen has angered Japan's exporters about as much as it has pleased
      NYT; Source: The New York Times  -  1,340 words
    • Article
      Lock icon Just the right time to be ambitious
      906 25  -  In the first of two articles, Karel van Wolferen touches on the opportunity presented to America by the political turmoil in Japan Karel van Wolferen NYT WHILE US President Bill Clinton is here in Tokyo for the economic summit meeting, he could benefit
      NYT  -  906 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      164 25 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LOST CERTIFICATES The following fixed rate Singapore Dollar Certificates of Deposits of Tat Lee Bank Limited ("Certificates") have been reported lost:Certiflcate Deposit Maturity Denomination No. Date Date *****2 22 June 1993 22 June 1998 SSIOO.OOO *****3 22 June 1993 22 June
      164 words
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  • Article, Illustration
    Lock icon G-7 to urge closer cooperation to boost economic growth
    570 26 TOKYO SUMMIT 1993 Closing communique to call for ways to lower joblessness AP TOKYO The world's leading industrial countries worked late into last night to complete a closing communique calling for closer economic cooperation to stimulate a sluggish world oconomy plagued
    AP  -  570 words
  • Article
    Tokyo proposes steps to stabilise commodity prices
    310 26  -  From Anthony Rowley A JAPANESE proposal for stabilising international commodity prices will be one of the measures mentioned in the economic declaration due to be issued today by the G-7 summit meeting in Tokyo. The announcement is also expected to includc debt relief
    310 words
  • G-7 BRIEFS
    • Article
      US$3b fund set up for Russia
      117 26 THE Clinton administration said yesterday that it has gathered commitments from its economic summit allies to establish a USS3 billion (SS4.B billion) fund to help Russia transfer large state-owned industries to private hands. The amount is scaled down from an initial US-proposed plan for
      117 words
    • Article
      Support for Asian security set-up
      61 26 PRESIDENT Clinton is cxpcctcd to voice support for a new multi-lateral Asian security setup during his trip to Seoul. South Korea's Foreign Minister Han Sung Joo said yesterday that Mr Clinton would reaffirm a US security commitment to South Korea and urge Communist North Korea
      61 words
    • Article
      At the UN's service
      90 26 PRESIDENT Clinton told leaders of the G-7 nations that the US could set up a military unit that would be permanently on call for United Nations action. French presidential spokesman Jean Musitclli said yesterday: "We heard with pleasure the American president suggest setting up a permanent
      90 words
    • Article
      No despatch of troops to Bosnia
      98 26 NONE of the G-7 countries has pledged specific despatch of military forces to Bosnia-Herzegovina at a hurriedly arranged meeting of foreign ministers. Japanese Foreign Minister Kabun Muto said: "None of them pledged to send military forces there There arc countries that cannot send troops.
      98 words
    • Article
      Lock icon Drop the circus, let's have a chat
      98 26 Agencies THE world's top leaders want to abandon the circus of their annual summit meeting and replace it with a more discreet "fireside chat". British Prime Minister John Major proposed future meetings cut out foreign and financc ministers, pare down delegations and cut
      Agencies  -  98 words
  • Article
    Lock icon Dip in US jobless rate seen as encouraging
    270 26 Reuter, UPI NEW YORK A modest dcclinc in new claims for unemployment benefits has been termed encouraging by US economists, but they say the US labour sector has a long way to go before attempting to match the growth pace of previous
    Reuter,; UPI  -  270 words
  • Article
    Lock icon Stanley Ho's company in Macau land reclamation project
    284 26 AP MACAU A company headed by gambling magnate Stanley Ho has announced that it has received government permission for a US$l.4 billion (552.26 billion) land reclamation project in this tiny Portuguese enclave at the tip of south China. In a press statement
    AP  -  284 words
  • Article
    Lock icon Jobs don't just grow with the economy, says Brussels report
    444 26 FT LONDON Creating jobs in Europe is not just a matter of growth, according to a European Commission report published on Wednesday. While few countries have succeeded in increasing employment without a healthy increase in output, the relationship is not
    FT  -  444 words
  • Article, Illustration
    Learning to live with the Tatmadaw in Myanmar
    763 26  -  The Bottom Line NIRMAL GHOSH NIRMAL GHOSH The writer is a journalist with BT SPECULATION on Myanmar's future is a full-time job for diplomats in Yangon as well as political analysts. such as they are. It is also a thankless job because
    763 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      83 26 ■piNneso Restaurant tor 10P People 60 SVOIW UO6 PLAZA 1, NaJlCftoffiMPtcx* Roger's Mulberry td f J urier Created for I V the gentleman CV who requires a I walking filing as e J crocodile printed leather. 4* Solid brass lock and fittings. Luxurious leather lining. »^V £l*§-£z Three spacious co.npartments.
      83 words
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      Page 26 Advertisements Column 2
      85 26 Top Perspective Viewing and Dining Reservation 539-3232 anqfiKi Ngee Ann City—. (At Orchard Road) The Ultimate Business Address Serviced Office Rooms Need A Complete Office For The Price Of A Room? We have furnished office rooms that come together with personalised telephone answering, full secretarial. facilities, conference meeting room and
      85 words
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  • Shipping Times
    • Article, Illustration
      Forwarders upset over high rents at Keppel Distripark
      405 27  -  By Ramesh Divyanathan SINGAPORE Freight forwarders arc riled by the rents they will have to pay at the Port of Singapore Authority's Keppel Distripark warehousing complcx. The PSA has said it will lease spacc in its $400-million complcx at $23 per sq
      405 words
    • Article
      Lock icon Old charts to blame for QE2 grounding
      315 27 Reuter LONDON A British inquiry into the grounding of the Queen Elizabeth 2 liner off Massachusetts last year reported on Wednesday that old shipping charts were mostly to blame for failing to warn of hidden rocks. Cunard cruise lines' 66,000tonne flagship grounded in
      Reuter  -  315 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1088 27 Page Col ABC Containerline 12 1 Accord Group 8 1-3 Africa Container 1S 3 AhrenkicI Liner 4 1/2 Alpha Feeders 6 I •ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 1S S ASCL 5 5 Asian Breakbulk 15 1 ASXCLShpg
      1,088 words
    • Article, Illustration
      Lock icon S'pore remains top container port
      391 27  -  PSA maintains slim lead over HK for first four months By Juliette Walker SINGAPORE Singapore has maintained its lead over Hongkong for the fourth consecutive month in their neck-and-neck race to rank as the world's top container port. From January to April this year, the
      Sources: PSA and Port Development Board of Hongkong  -  391 words
    • Article
      HK shippers may use Shekou instead
      284 27 SINGAPORE Hongkong shippers are eyeing Shekou port in southern China as a way out of hav ing to pay rising terminal handling charges levied by shipping lines in the British colony. A report in the South China Morning Post on Wednesday said the Hongkong
      284 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        669 28 Vessel Voy No BerMi Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Hpa v i9?w rm 010/ 7300 Beksha 3338 SO 93 II akxvsHt 09 07/0100 Kabantalw 26/93 P03 alongside 08 07 7300 ET Onshore 2 II alongside 09 07/1300 Karatoewret 12€ P07 alongside 08
        669 words
      • Article
        CONTAINER SCHEDULES
        1558 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CAR60 Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Aci Dae* 41A 10/2100 1 08/1500 08 1659 08/1900 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 Ac. Uy 388 10/0500
        1,558 words
    • Article
      THE SHIPPING GUIDE
      11136 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,136 words
    • Article
      DAILY FREIGHTS
      843 43 I HE BALTIC Freight Index for spot dry cargo shipping rates fell to"1.410 on July 7 from 1,424. Trading on the freight market refrained quiet with details of concluded business slow to enjerge, brokers said. On the major US Gulf to Japan Panamax grain route. Yukong was able
      843 words
    • Article
      TRANSPORT DIARY
      287 43 COURSES Title: PSA/SFFA Dangerous Goods Course (SDF 70%) Duration: July 14 Aug 11 (8 evenings) Organiser: Singapore Freight Forwarders Association Tel: All courses are open to nonmembers. For further details and application forms contact SFFA at tel: 253-7550 or fax: 253-2303. Title: Portnet for Hauliers Duration: July 17
      287 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      586 43 Carbon Carbon My 1 Density Water Residue Ash AJunrium Sedtnert Density Water Residue Ash Munman Scdment M/M 1 M M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method 60/Crac 1Mb Spec E25 991 1.0 15.0 0.10 30* 010* Eastern USA
      586 words
    • Article, Illustration
      Lock icon Can European liner shipping survive?
      1313 44 Recent news from European liners seems to indicate a rather bleak future for them International Transport Journal. IT HAS BEEN a tough year for some of Europe's proud upholders of liner shipping standards. The withdrawal of the East Asiatic Company from liner shipping was shocking
      International Transport Journal.  -  1,313 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Abacus seals deal with Asian Frequent Flyer
        258 46  -  By Juliette Walker SINGAPORE Abacus Distribution System yesterday formalised a contract with Asian Frequent Flyer to develop and provide system software and facility management for the recentlylaunched Passages programme. Speaking at the signing ceremony, Abacus president and chief executive William Liu estimated the
        258 words
      • Article
        Lock icon Hyundai car factory dispute continues
        446 46 AP SEOUL Workers and management refused to back down yesterday in labour disputes at South Korea's largest auto factory and other major subsidiaries of the Hyundai Group. The month-long disputes in the southeastern city of Ulsan has caused US$464 million in sales losses. Hyundai, a
        AP  -  446 words
      • Article
        Lock icon Japanese get advice on overseas travel
        339 46 Reuter TOKYO Japan's transport ministry, alarmed by increasing attacks on citizens overseas, has published leaflets telling them how to "freeze", "duck" and "get lost", a ministry spokesman said yesterday. He said the leaflets, containing about 40 English words and expressions, are limed at preparing
        Reuter  -  339 words
      • Article
        Lock icon Northwest, unions in key talks to avert bankruptcy
        452 46 NYT NEW YORK Northwest Airlines and leaders of its machinists union met on Wednesday to grind out a key that would free them from their respective binds. Northwest is striving to avert bankruptcy and the union leaders need a victory in contract
        NYT  -  452 words
      • Article
        Lock icon BAe, Taipei firm's troubled project said to be affecting ties
        355 46 AFP TAIPEI A troubled joint venture agreement between British Aerospace (BAe) and Taiwan Aerospace Corp (TAC) to produce a new short-haul passenger aircraft is seen as pivotal to improving bilateral relations. Economics ofTicials admit the project has assumed political overtones
        AFP  -  355 words
      • Article
        Lock icon Caribbean airline to be privatised
        291 46 AFP NASSAU Caribbean leaders agreed here on Wednesday to privatise the regional govern-ment-owned airline LIAT, St Vincent and Grenadines Prime Minister James Mitchell said. The buyer will be Caribbean Aviation Enterprises (CAE), a consortium of mainly regional companies but including two Canadian operations, Cochrane Investment
        AFP  -  291 words
      • LOG BOOK
        • Article
          New chairman for ICS
          72 46 SINGAPORE Richard Trythall. director of Jebsen International Pte Ltd. has become the new chairman of the Singapore branch of the Institute of Chartered Shipbrokers. He replaced Robert Tan, a manager at Forest Marketing Pte Ltd, who had held the position for two consecutive one-year terms. Meanwhile,
          72 words
        • Article, Illustration
          Lock icon Calvin sweeps over Acapulco
          50 46 Reuter ACAPULCO, Mexico Damaged boats piled up in the western resort of Acapulco on Wednesday, after Hurricane Calvin hit western Mexico leaving at least 19 dead and thousands homeless. Calvin is sweeping the coastal Mexican states with winds of up to 100 miles per hour. Reuter
          Reuter  -  50 words
        • Article
          Rolls-Royce wins Saudi contract
          66 46 SINGAPORE UK-based Rolls-Royce Right Services has won Saudi Arabian civil aviation authorities' approval to maintain Saudi-registered BAC 111, HSI2S and Gulfstream aircraft. The company, a subsidiary of British engine maker Rolls-Royce, will provide a host of services ranging from daily inspections to major checks and modifications.
          66 words
        • Article
          Lock icon Pratt & Whitney in Taiwanese deal
          59 46 Pratt Whitney in Taiwanese deal Knight-Ridder TAIPEI US engine manufacturer Pratt Whitney has entered into a technology cooperation agreement with Taiwan's China Airlines, local media reported. Pratt and Whitney, one of the world's largest aerospace engine manufacturers, will invest US$l5 million (5524.4 million) to set up a maintenance and support
          Knight-Ridder  -  59 words
      • Article
        Lock icon Foul play at Charles de Gaulle airport
        199 46 AP PARIS Airline passengers skirted mounds of garbage and gave a wide berth to blockedup toilets on Wednesday as a cleaners' strike at Charles de Gaulle-Roissy airport entered its second week. Piles of mouldering garbage food wrappers, water bottles, newspapers, old tickets have
        AP  -  199 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
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  • Page 27 Advertisements
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      6 27 BusinesslT Every Monday in Business Times
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      25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      118 27 the jg FAMOUS y n^b laiaoM ■iMillSl* 224 1833 For more information please refer to Pg. 13 Can European liners survive? Page 18 Abacus 1 deal with Asian Frequent Flyer, Back Page BJNE FAST PTE LTD 315 OUTRAM ROAD #07-08 TAN BOON UAT BUILDING SINGAPORE 0316 WISHES TO EXPRESS OUR
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      453 28 TSKUNE AGENCIES (S) PTE. LTD. AflMgA rI 1 If V VTkTVI Tel: 226-3363 J. .LINE, F 226-1972/3 VjBcTV7# Tlx: RS *****/TSKSJN. TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N I W TMttM 1 Htm "HIKf WEEKLY" I ACX LOTUS 406 07 0 7 0107 1107" 17 07 W 1907 2M7 MLO7
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      1528 28 n-.^m...» 1 I enwrapmm I ma rr sm Jl ifiZ Itt II Hma flK_ ff »m_ wn mml m I mas I LM*na umi cowing*! imm WPTUNt ANMR 14t I*l4 7 Jl 7 **********|41 SI 71 OUT «W ¥33 527 12 7I» 7 I N'7 I 2/1 I 31 I
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      2385 29 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. ®MD. TEL' *****13 FAX' *****42 PETALING JAYA TEL: 03-*****76 FAX. 03-*****42 DOCUMENTATION TEL *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL *****4 FAX: *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL *****3/4 FAX. *****6 CFS (PSA F5) TEL *****21/
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      2028 29 ■□IV.U-HH'L'H U.S.A. CANADA NEXT AVAILABLE SAILINGS SEALAND VOYAGER V. 198E ETA SIN 12TH JULY 93 MARIT MAERSK V.9306 ETA SIN 13TH JULY 93 ARTHUR MAERSK V.9312 ETA SIN 14TH JULY 93 Vessel Voy CTA £TO Feeder t>» SL ""n L ro" DESTINATIONS Th« MARIT MAERSK «30€ CV 13/07 0600 MRS
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      1575 30 AOABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LUPWIGSHAFEN EXPRESS 08/326 10/7 19/7 25/7 28/7 31/7 2/8 4/8 Poft Ketang. Penang KASUGA t 27/127 15/7 31/7 3/8 1/8 Pasir Gudang LEVERKUSEN EXPRESS 13/327 17/7 26/7
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      556 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam a Mongolia a Hungary CSFR a Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Ve—l CTA SIM POL EAST
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      1217 30 I rqaaaaaia mxmm REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOV^^^^^^^SI^^AL^^BCL^VAL^LH/^ISAN^BRr^RO^/uJT^FE^I NORASIA MUBARAK 9326-3 15/07 07/0S 14/08 15/08 11/08 12/08 13/08 14/08 16/08 15/08 I NORASIA Al MANSOORAH 9327-3 22/07 11/08 12/08 13/08 14/08 15/08 16/08 17/08 18/08 19/08 NORASIA PRMCESS 9328-3 29/07 21/08 27/08 28/08 24/08 24/08 25/08 26/08 27/08 29/08
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      2157 31 F"-' m STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line ttvGjsß <a service of china navigation CO) CARGO 0W SAILS STRAITS VENTURI VI6C Muil. lab 07 0« hil 09 M 10 Jul ret. LCL CONTAINER ANO BAEAKBULK
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      2954 31 Atf 0 SINGAPORE AGENT: |-%1 1 AfltQltlAl*C P&O Containers (Singapore Agencies) Pte Ltd JL \J\llllClllivl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Tetex: RS ***** PNOCSP Fa*: 225 5327/222 7517 y v CR Number: *****9100QQZ EXPORT IMPORT vessel voy -png -kg mm alo sou
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      742 32 I TO EUROPE Ph""*' x *1 I w 1 not STOH MMM.DCM WBUW I WMWI MTHir~ I SIM WIIATA 37W8 1215/7 10/» ~"lS/t I>/I 22/t KUTAI [mm 25/1 30/1 > TO m- FUUy?g»|fl gNgf* EAST COAST PORTS vst/wv "ncT" s pout sro wlb whs mt mki WHO ltM>S£K 56S 12/7
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      2175 32 HANJIN SHIPPING FDR VSL SW LME HAUL SEA K» ED« VSL S* ILME HAUL SAV KM NYC HANJM LEHAVRE 022E 15/7 DtRCCI 5/1 7/1 HMUN LEHAVRE 022t 15 7 M EIBOPE 008E l#/« 20/1 22/1 HANJM MASAN 0791 22/7 OKC! 12/1 HMWI M«AN 07* 22 J H KEUUNG 0431 2«/|
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      1458 32 MfkW zkT J d I rl I d d 5 Ihu. sgp use we ug pus M! o» wt SMi iro iu chs mi mrc un m w w imc rso cm pki I IGRMDIKO4S 13 7 14/7 l*/7 21/7 21/7 21.7 27/7 29/7 30/7 11/7 2/1 111 Bl 27/1
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      2278 33 II yj SCX: 'NEPTUNE AMBER 14E' ETA SGP 14/07/93 II H 4g5L ARRIVING LOS ANGELES 31/07/93 IN 16 DAYS nSB II AEX: 'NEPTUNE RHODONITE 10E' ETA SGP 10/07/93 ■I ■I ARRIVING NEW YORK 01/08/93 IN 22 DAYS Ml II jr HI *R1 Conmcttaf C. Saturn Vny 5M In HKG M/M/B3
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      Page 33 Advertisements Column 2
      1228 33 SINSOV SINGAPORE SOVIET SUPPING CO PRIVATE LTD BOOKINGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQURES: *****33 BLASCO OOESSA: *****51/*****31/*****13 WVENTORY-*****45 INWARD: *****81 OUTWARD: *****80 TRANSMPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR NO. **********0/N (REGULAR
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      1728 34 K**v WT*** AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CI Nfc T**********M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I lkT MALAYSIA "K" UK MARITIMi (MALAYSIA) SON BHD M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 A INDONESIA: P.T. SARANA LAUTINTEKNUSA, TEL: JKT *****08 ■■■■1 KAWASAKI KISEN
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      667 34 PHILI-OttICNT LI MS PU LTP r 108 Robinson Road #07-00 QMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 15 JUL SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 16 JUL AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH
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      449 34 GOLDEN LINEA *G?V mH CUhH SHPPMG TSX\ (PTE) LTD 1 a. TcM tpr Street 9NGAPOK 0104 Til *****H (10 UES) Far *****04 (CR Hi. 1012******0*) WKAITI/HMUM OULF IttTMl S pore P. Mang Penang COLOOIHNNEST fe'Khi Dub* 14/ It M GOUKN SIM Dub* 1/10 ft* CHIHA IKK TICK GOIKN WOMXR China
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      990 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO: **********06 VESSEL VOV SIN BKK sm VESSEL VOY SIN JKT SIN I*.-.. jr, TRADE FAST 3381 W7 17/7 20/7 SMO MARINE 03N 10/7 13/7 17/7 BUNGA TERATAI 3303 13/7 14/7 JO/7
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      1262 35 VESSELS ~~~VOT VIA KIDER STOW MOWit ROTTERDAM AMTWERP~ THARKS II HARVt ra mi un* 12/07 ot/ot m m m m 10/00 12/00 Will Ot fOHTMW *2VH 17/07 13/ M 15/00 1« M 17/00 KIIAS WCtDOH* 9*29* 25/07 20 01 22/ M 23/ M 2«/00 2*/00 Will 01 VESTA 7425W 01/
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      828 35 BSA it. mm MYANMA pßtfk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen P.Gdg IOK AW VI99W In Port PAGAN VI99W 20/23 W MYOMA TWA VI4SW 13/15 IU MERGUI VU9W 16/17 JUL 13/15 M MAUTSIA AGENTS BOUSTEAO SWPWG AGENCCS All TU 13.2417)00 PAL TR 03
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      2595 38 Full Container Liner SerViCeS Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: 6nan 6nan Skinning Sin Bhd Chnng Ckiao Shipping Sin Bhd &oial hrtra Inienesu Maritime Costar Shipping Pte Ltd Skipping Boohing Centre s* BM 50 Marm Kail Mau Let 134, 3r4 Floor, W/23 f 2 Uistri Road 47 Street
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      669 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 12/07 ROTTERDAM 10/07 I AARHUS/COPENHAGEN 12/07 HAMBURG/BREMEN 10/07 MARSEILLE/FRANCE 11/07 FELIXSTOWE/UK 12/07 BARCELONA/SPAIN TI/07 LEHAVRE/FRANCE 12/07 GENOA/ITALY 10/07 ANTWERP/BELGIUM 12/07 J LOS ANGELES/WC/PI 14/07 SYDNEY/MELBOURNE 14/07 NEW YORK/EC 14/07 FREMANTLE/ADELAIDE 10/07 VANCOUVER 14/07
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      667 39 1 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line#) m ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel fvov TTta (ToaoJSgToS spore 3, M8 IS/00 DAHESSALAAM MOMBASA DJIBOUTI ANLMNtI D ASSA6 M ASSAM A ABBAV
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      596 39 JAKARTA BANGKOK w»a wt m «t IwaL low jwmhm mmmm RAM BHUM 05S In PI 13/7 WAGON SENTOSA 43N to PI Tut 13/7 BRA BHUM IOS 10/7 577 NANTA BHUM U9N Sat 10/7 W*d 14/7 THANABHUM M Wl iS/7 CHAITA BHW* *ZH Sal I®£7 Tu. 11/7 ttIHA BHUM 04W Men
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      Page 39 Advertisements Column 4
      336 39 pi PONGNAMA LINE He SSL M MS MC BS* MALAYSIA GLORY *307* 11/7 13/7 14/7 15/7 25/7 24/7 HONGKONG GLORY V3O7N 17/7 19/7 21/7 2/4 4/1 turn VMM 24/7 2C/7 21/7 29/7 4/4 11/1 lULSPAS Y3OW 1/4 2/« 4/1 15/4 14/1 ROUND Ttfl ABU SERVICE VESSEL SPG *T [~SfG *G
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      1653 40 ipjiji MN CO NTAI NE R LINES Z\2K~/\ir Agents: MAC-NELS SPORE: *****22 (24 LINES) *V Jv C/R No: **********0 C J PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 1 J HKG/TWW/BKK 1 GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUI/THUR/SAT
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      191 40 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD tu lift em VOM Nil KLMG HMNG RIK MK Zi/1 lojdinj kx DUr ■INMHUOHU mi loading to» CikatU OOIPMM 26// lojdMg FOf M* nom sunut a// Loading for M* IMBM 1(7 lo«kn( fo» NWr moots uun n 1 "tout lojdmg
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      841 40 f THONG SOON UNES PTE. LTD.] 78 SHENTON WAY #10-01, SWGAPORE 0207 TEL: 227S0SS FAX NO: *****11 TLX: RS ***** CAMMER, RS ***** JENMOL CABLE: TOSOCO CONVENTIONAL/CONTAINtW BOOKING UHfc *****65 MNOAMMI TO SARAWAK «ssa WT S'PftE ICST VESSEL \w ISTttt |>EST EQUATOR JADE 83/3E 12 JUL KUCHING EQUATOR GRACE 92/3E
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      811 41 WgV EVERETT ORIENT LINE" I WAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTN6 WEAABUIK SOC CARGOES 10 FROM KOBE. YOKOHAMA. NAGOYA. HOI. TOKYO*. MANH.A*. DAVAO*. Penang* P. Kelanj Singapore E'Msia* SHAPLAEVERETT VI6E 23/24 Jul 25/26 Jul IVYEVERETT VSE 19/20 Jul 21/22 Jul KAMALEVERETT VI7E IS/19 Aug 21/22 Au( ACCEPTN6 MEAKMU FCI SOC CARGOES
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      338 41 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 25/7 27/7 28/7 7/8 GLORY SELATAN V 5/7 12/7 SP PKL HCM HK KAO GLORY SELATAN 10/7 15/7 21/7 27/7 28/7 ACCEPT
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      624 41 #PGSL WORLDWIDE PANAMA CLOBE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE TO
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      493 41 LUIMSIJIiWa FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FENGMANGSHAN VS2/S3 19/07 05/ OB 08/ OB 26/08 FUYUSHAN V 46/47 04/08 20/08 23/08 11/09 FENGSHUNSHAN V 47/48 19/ OS OS/09 08/09 28/09 ALSO ACCEPTMG TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO
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      302 41 SjN FAR EAST 13/7 KEELUNG/KAOHSIUNG 17/7 BANGKOK 12/7 MANILA/CEBU 11/7 JAKARTA/BELAWAN SURABAYA 12/7 PORT KELANG/PENANG/E. MALAYSIA 11/7 BUSAN 11/7 TOKYO/YOKO/KOBE/NGO/OSA 11/7 HONG KONG SM CHUM 11/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU /XIAMEN /SHANTOU /SHEKOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo $!N EUROPE/UK 12/7 LDN/FLX/LVP/SOU 12/7 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/
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      793 42 HONG KONG/CHINA 12/7 A 19/7 JAKARTA 16/7 A 23/7 BANGKOK 14/7 A 21/7 MANILA 16/7 A 23/7 BUSAN 12/7 A 19/7 KEELUNG 14/7 A 21/7 TOKYO/KOBE 16/7 A 23/7 KAOSHIUNG 13/7 19/7 PORT KELANG/PENANG 16/7 A 23/7 YOKOHAMA 16/7 A 23/7 COLOMBO 14/7 A 21/7 FELIXSTOWE/HAMBURG 16/7 A 23/7 CHITTAGONG/MAORAS
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      385 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 13TH JULY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 15 JULY PORT KELANG 15 JULY JAKARTA 14 JULY BANGKOK 17 JULY SURABAYA 20 JULY FREMANTLE 18 JULY MELBOURNE 15 JULY SYDNEY 15 JULY BRISBANE 15 JULY I*ACCEPTING TO ALL SCANDINAVIA PORTS BOMBAY
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      646 42 Next Week's Sailings Singapore ETD II Tw eTd TKSEffIS'" Singapore Singapore '*<> B\ lkqa every every Bangkok SUN Hamburg MON every EVERY Manila SLN Ho Chi Minh KRI fPj V\ I every every Colombo TL'E limassol THURSDAY LJg-l| a INTERNATIONAL SEA FREIGHT FORWARDMG _WW Tel: Fax: r AND LOGISTICS SERVICES
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      134 42 I m NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WfchK.LV TO: TOKYO/YOKOHAM.VNAGOY.VKAOSHIUNG/ HONG KONG/BANGKOK/KtELUNG/KOBE/ I OS \NGELES (LONG BEACH)/NEW YORK/ CHICAGO/S Y DN E Y/M LLBOU R N E/HAM BU RG/ hELIXSTOW E/ROTTERDAM/DUSSELDORF WE ALSO DfcAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore
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      1117 43 NLL ROCHESTER/3218 eta Spore 12/7 DIRECT TO BLUFF (N.Z.) OCEAN VESSEL SM LEH RTM<I) HAM(2) BRV FIX GOT VESSEL M Mj Sin Stora AM Fiji(A) NPtymouth Timaru Lyt(B) Dmedn(B) Napier Mg(C) Tauanga HuH Ncfcon NLL Asia/2223 14/7 31/7 1/8 2/8 4/8 5/8 3/8 Rochester 3218 7/7 10/7 12/7 16/7 27/7
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      631 43 TODAY'S TIDES (height in metres) HOll) 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 M 24 21 30 2.8 2.4 1.9 1.3 0.8 06 0.5 06 0.9 1.5 2.0 2.3 2.4 2.3 2.0 1.5
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      579 44 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL I VOYAGE SWCAPORE MANIA VIGOUR SINGAPORE 57N8 09/07/93 17/07/93 FRn2*°So MOMMY VIGOUR SINGAPORE 57ANB 12/07/93 17/07/93 VIGOUR PACIFIC I 22N8 16/07/93 24/07/93 VIGOUR PACIFIC I 22ANB 19/07/93 24/07/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SWGAPORE PORT KLANG PENANG MARWA MAS 9389M8 08/07/93
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      390 44 @APPENSHIP HAMBURG \T\J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS HSCHMGE/KMHNG FOR LORELEY SZCZECIN 28/6 HAM 30/6 ANTW 5/7 SPORE. BKK VITALITY HAM SLD SPORE 15/7 KAPTTAN FOMENKO ANTW SLD SPORE 10/8 KOALA CONTAINER LINE STORE FIX HAM ROT LEH OKK
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      472 44 i. cosco 1 UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: < A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL SEW VICE VESSEL PKL PNG P.G LOADING FOR: 'm A VESSEL 15/06 20/06 Huangpu/Guangzhou J COSCO FULL CONTAMER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUR OPE/CONTINENTAL .1 J WEST MEDITERRANEAN .X, AUSTRALIA
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      1027 45 A HYUNDAI I MEBCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOT PttA PKE PCD ttSSELS VOY I Stt I RTM ANT* LPT HAM BKt| fa NORASIA MALACCA 9323 A 06/07 07/07 OS/07 H. EXPLORER 306W 12/07 30/07 30/07 31/07 01/01 01/0S 03/0S (MM ADVANCE 22A 13/07 14/07 15/07 H.
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      489 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS INBOUND VESSELS itisu m n m u KtISMN U hfl 9/1 12 7 MA 13/7 TARJRBC EMS I» 11/T SERI RACRYA tt 12/7 SMI A KM >3 11/7 11/7 sbhby vertme 2 w/7 KM AAEISN 71 14/7 »/7 MM SON
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      Page 45 Advertisements Column 3
      957 45 JEDDAH/UK/CONTNENT ISTORE In STON HDURC RDAM LEH Acceptrt C»|C F* LIIMMGSMAFEN EXPRESS 01 32* 11/7 »/7 21/7 1/1 3/1 5/1 SauKuapta :toM UK dntailwi. Bctnt mi OMM KASUGA 1 27/127 14/7 31/7 3/R 5/1 Rotteten :to jA Mm*. hmtmim. o*. NMNMo LfVERKUSEN EXPRESS 13/327 17/7 2C/7 4/1 7/1 9/B U/R
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