The Business Times, 23 July 1993

Total Pages: 44
1 44 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA (F) 552/12/92 Friday July 23 1993 75*
    13 words
  • 2am LATEST
    • 73 1 AFP WASHINGTON Interest rates will likely rise as the US ceonomic recovery picks up. Federal Reserve Chairman Alan Greenspan told the Senate Banking Committee early this morning: "At some point, rates are going to move up." In the first open remarks he has made
      AFP  -  73 words
    • 51 1 AP BRUSSELS European Community nations have given initial approval to proposals for a tight 1994 EC budget, reflecting the economic slump across the trade bloc. Budget ministers from the 12 nations accepted plans to spend 72.4 billion European Currency Units (*****.6 billion) next year.
      AP  -  51 words
    • 53 1 Reuter LONDON The Treasury has instructed the Securities and Investment Board to set new rules for disclosures by the British life insurance industry. Chancellor of the Exchequer Kenneth Clarke says the new rules on disclosure would "improve competition and consumer confidence in the
      Reuter  -  53 words
  • 113 1 Stock market indices Thursday (hangt STII 1.818 41 +12.74 KLSE Composite 759.76 -184 Nikkei 20.115.81 +34.9 Hang Seng 6.760.02 -79.96 SET Index 897.44 +2.89 Jakarta Composite ...355.20 +0.12 CLSA China B 853.61 -4.58 V«t All Ord 1802 6 -15.9 MSEIOO. 2,820.1 +6 Ihursda) Previous I pm close Dow
    113 words
  • 635 1  -  By Kooi Cho Teng SINGAPORE The Singapore penchant for allocating scarce resources through a tender system has reached the private property market. In a move likely to mark the start of a new trend, OCBC Property announced yesterday that its secondphase
    635 words
  • 314 1 Reuter, AFP BEIJING China plans to lay ofT about 25 per cent of local government employees, or two million stafT, within the next three years as part of a huge restructuring effort, the China Daily said yesterday. Cradle-to-grave job security,
    Reuter,; AFP  -  314 words
  • 249 1 AP HONGKONG China's President says ailing Premier Li Peng personally allowed a giant bond issue by a company that has collapsed in a massive fraud scandal, two independent Hongkong newspapers reported yesterday. President Jiang Zemin made the
    AP  -  249 words
  • 226 1  -  By R Sivanithy SINGAPORE Overseas institutional orders continued to How into the stock market yesterday, cheering analysts who had wondered whether the sudden price jump on Wednesday was but a flash in the pan. The Straits Times Industrials Index rose for
    226 words
  • 445 1 AP TOKYO Prime Minister Kiichi Miyazawa announced yesterday he would quit as chief of the dominant Liberal Democrats, and thus as head of government, as the battle to succeed him began in earnest. Mr Miyazawa made his announcement during a
    AP; Reuter photo  -  445 words
  • 185 1 AFP KUALA LUMPUR A Malaysian legislator who was reported missing for three weeks was found haeked to death and buried at a plantation, police said yesterday. The body of Ma/lan Idris, a legislator in the eastern state of Pahang. had been chopped into
    AFP  -  185 words
  • Page 1 Advertisements
    • 116 1 H depute 1921 n Sr SLEDGERS made in France O Petite Finesse Centrepoint *****68) #01-10 Liang Court (Tel: *****52) Gaienes Lafayette Singapore and selected 'etart outlets CONTENTS Nm Companies Spore News i. 2 S'pore-M'aa .9.10 Regional News 3.4.5 Financial 1112 World News 1 Features Marfcats AnaJysis 23 CW>/KIS£. SIS 15.16
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    • 75 1 Analysis: Pg 23 CPI: Proxy for living costs? I Neptune Orient Lines Ltd is involved in u tussle over its liability in a ease involving damaged goods. Round one has gone against NOL, and it has filed an appeal. But the court's judgement has touehed on issues of interest to
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    • 14 1 Advertising: pg 20 Boost for US media sales Crackdown on land speculators. Page 4
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 338 2  -  By Schutz Lee SINGAPORE'S terms of trade slipped in June after rising for the first time this year in May. This is because export prices fell faster than import prices in June, even though they had strengthened in May. As a result, terms of trade,
        Source: Dept of Statistics  -  338 words
    • 162 2 THE Mannesmann Group of Germany increased its regional presence with the official opening of its Mannesmann Hartmann Braun (MH&B) office and manufacturing complex here yesterday. The S4-million Mannesmann Centre in Yishun will also house five other subsidiaries of the group. The six companies in
      162 words
    • 232 2  -  Reports by Yang Razali Kassim, Yong Pow Ang, Loh Hui Yin Harish Mehta ASEAN has urged the international community to provide immediate financial aid to Cambodia that was pledged at the Tokvo Conference in mid--1992. It also called on the
      232 words
    • 455 2 26th Asean Ministerial Meeting SINGAPORE told China yesterday that Beijing's involvement in regional dialogues on peace and security was important to ensure that economic competition would not result in conflict. Prime Minister Goh Chok Tong said Singapore and China should expand
      455 words
    • 442 2 ASEAN is exploring a new method to allow powers outside the region to hook up to the Treaty of Amity and Cooperation in South-east Asia without actually having to accede to it. Riding on a new thinking within Asean on security, Asean foreign
      442 words
    • 355 2 CHINA and Indonesia have indicated support for US President Bill Clinton's proposal for a meeting of leaders of the Apec economies in Seattle later this year. Their latest positions emerged yesterday amid reports from Washington that the United States would press
      355 words
    • 138 2 THE Russian military presence in Vietnam's Cam Ranh Bay and the sale of Russian weapons in the region is no longer a threat to the region, said Russian Foreign Minister Andrei Kozvrev. Talking to reporters after arriving here last night, Mr
      138 words
  • Page 2 Advertisements
    • 167 2 I MEN S WEAR Presents an Exhibition on La Fontaine BH Masterpiece or Villa Homes the new prestige residential development on the GOLD COAST, AUSTRALIA building Approval Certificate No. Kef 063/83/36. Local Authority: Hold Coast City Council "l,a Fontaine** is an exceptional, secure You are invited to preview details and
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    • 94 2 As many of life's achievers are aware, it's lonely at the top. Which is why at the ANA Hotel, we are just as used to providing a friendly ear for our guests as any of other services. So in addition to a location in the heart of Singapore's embassy district
      94 words

  • THE REGION
    • 483 3 AFP HO CHI MINH CITY Ho Chi Minh City is being rocked by a new wave of collapses of Chinese-run private credit cooperatives that amassed tens of millions of dollars in deposits by paying unsustainably high interest rates. Scores
      AFP  -  483 words
    • 331 3 Reuter TOKYO Japan is ready to grant full-fledged financial aid to Vietnam to help it renovate its infrastructure. A senior government official said yesterday: "A substantial yen loan to Vietnam could be made available by the end of
      Reuter  -  331 words
    • 289 3 AP PIINOM PENH Khmer Rouge guerillas trying to bolster their political bargaining power have been massing for a suspected effort to seize Cambodia's fabled temples of Angkor. A senior UN military officer said yesterday that the guerillas have been "conccntrating and
      AP  -  289 words
    • 205 3 Bernama KUALA LUMPUR Malaysia and the Philippines yesterday signed a Memorandum of Understanding (MOU) to establish a joint commission to deal with bilateral matters of common concern and interest. Malaysian Foreign Minister Abdullah Haji Ahmad Badawi and the Philippine Foreign Secretary. Roberto Romulo.
      Bernama; Reuter  -  205 words
    • 218 3 AFP BANGKOK The Thai military is to buy 20 US-made Bell-212 "Huey" helicopters in a deal worth US$l2O million (Ssl94 million), despite strong offers from Russian and other US aircraft makers. The Bangkok Post yesterday quoted an unnamed senior army officer as
      AFP  -  218 words
    • 318 3  -  By A J Leow SINGAPORE Visitor arrivals in the Asia-Pacific region rose 5.7 per cent to reach a record 50.67 million in 1992. According to the Pacific Asia travel Association (Pata), the majority of the 32 destinations covered in its survey enjoyed
      318 words
    • 395 3 Reuter JAKARTA Indonesia's Democratic Party (PDI), the nearest the country has to an official opposition, has opened its congress in chaos. The party, with significant popular support in big cities but no position in government, has for months been torn by squabbling and demands
      Reuter  -  395 words
    • ASIA NOTES
      • 56 3 Reuter TOKYO Japan's customs-cleared trade surplus rose to US$3.6B billion (SSS.B billion) in the first 10 days of July from a revised US$2.4B billion surplus in the same period a year earlier, the Finance Ministry said yesterday. The interim surplus compares with a US$2.6 billion
        Reuter  -  56 words
      • 69 3 Reuter TAIPEI Taiwan, cracking down on corruption, plans to raise its reward for reporting bribery ten-fold to NT$6 million (*****,000), the Justice Ministry said yesterday. The government will pay the reward to informants providing key information that leads to the conviction of government officials, a
        Reuter  -  69 words
      • 68 3 Reuter TOKYO Japan will need to build 20 more nuclear power plants over the next 10 years to meet growing electricity demand, according to an official body which advises the prime minister. It estimates that electricity demand will grow about 28 per cent
        Reuter  -  68 words
      • 83 3 AFP KARACHI Pakistan expects to get a standby loan of US$545 million from the International Monetary Fund (IMF) to meet the country's balance of payments problems, central bank sources Mid yesterday. IMF negotiators are scheduled to arrive here on Saturday to finalise the conditions
        AFP  -  83 words
      • 47 3 Reuter SYDNEY Westpac Banking Corp said yesterday that its leading index of Australian economic activity fell 1.3 points or n>ne per cent in May to 129.9. The index, which is compiled with the Melbourne Institute, is at its lowest since January. Reuter
        Reuter  -  47 words
    • 343 4 UPI BEIJING Vice-Premier Zou Jiahua. in the latest warning on China's new economic control policy, has said the real estate business is "out of control" and pledged a crackdown 011 speculators and land tax cheats. Speaking at a national land
      UPI  -  343 words
    • 275 4 AFP SEOUL Former South Korean president Roh Tae Woo is suspected of having received US$23 million (5537.2 million) in bribes from the Hanyang business group. The Joongang Daily, in a front-page article yesterday, quoted unidentified officials as saying Mr
      AFP  -  275 words
    • 272 4 Reuter SEOUL South Korea expects the United Nations to impose sanctions on North Korea unless Pyongyang is ready to accept international nuclear inspections within one or two months. Foreign Minister Han Sung Joo said yesterday: "If North Korea does
      Reuter  -  272 words
    • 235 4  -  From Stephen Vines in HONGKONG CHINA has finally agreed to accept the return of ethnic Chinese Vietnamese who lied to China during the 1978-79 border war and have now started pouring into Hongkong after their homes were destroyed. The Hongkong
      235 words
    • 301 4 AP SEOUL The son of North Korea's Communist leader carried out a sweeping military reshuffle this week, showing his might as supreme commander of his nation's armed forces, news reports said yesterday. Kim Jong 11, groomed to succeed Kim 11 Sung as
      AP  -  301 words
    • Article, Illustration
      57 4 AFP BLIJING A young Chinese boy showing off a squirrel he caught outside the Beijing railway station yesterday. The boy immediately offered to sell the squirrel to the highest bidder. China announced on July 19 that it would launch a nation-wide drive in September to clamp down
      AFP  -  57 words
    • 364 4 Reuter SEOUL Thousands of riot police on full alert massed around the Hyundai group's factories yesterday as industrial action bedevilling South Korea's leading exporter flared up. Witnesses said Hyundai shipyard workers and employees at the group's pipe-making plant had declared strikes, dashing
      Reuter  -  364 words
    • 182 4 Reuter BEIJING Britain and China yesterday ended an eighth round of talks aiming to bridge wide differences over proposed election reforms in Hongkong ahead of the British colony's 1997 return to Chinese sovereignty. British negotiator Robin McLaren. London's ambassador to
      Reuter  -  182 words
    • 640 5 AFP CANBERRA Prime Minister Paul Keating announced yesterday a substantial modification of a controversial election pledge, confirming his government would advance the first phase of promised tax cuts while delaying the second. He told the National Press Club the Australian economy, beset by
      AFP  -  640 words
    • 229 5 Reuter CANBERRA The Australian government has an unexplained A 54.5 billion (554.9 billion) discrepancy in its 1993/94 budget forecasts that may have to be covered by asyct unannounced new taxes, economists said. Government statements on its budget starting point, planned fiscal changes and 1993/94
      Reuter  -  229 words
    • 48 5 Reuter SYDNEY A brochure from the Australian Department of Foreign Affairs and Trade, promoting Australia's business push into Asia, shows two sumo wrestlers in competition. Australia's business expansion into Asia is proving a tough and frustrating venture for many Australian-based firms. Reuter
      Reuter  -  48 words
    • 112 5 AFP SYDNEY Hosting the 2<KX> Olympic summer games in Sydney would pump A 57.3 billion (USSB.IS billion) into the Australian economy, a firm of leading accountants predicted. Accountants KPMG Peat Marwick in releasing an independent report on the bid said the economy
      AFP  -  112 words
    • 166 5 Reuter CANBKRRA Australian Prime Minister Paul Keating said there appeared to be room for lower real interest rates, given Australia's low inflation. "Certainly our fundamentals in terms of inflation would permit it," Mr Keating said in a speech to the
      Reuter  -  166 words
    • 396 5 The Kanemaru trial Reuter Bloomberg Business News, TOKYO Shin Kanemaru. disgraced "godfather" of Japanese politics, pleaded not guilty to tax evasion charges at the opening of a major scandal trial that has rocked the Liberal Democratic Party (LDP). The 78-year-old former LDP
      Reuter; Bloomberg Business News,  -  396 words
  • Page 3 Advertisements
    • 98 3 CERRUn 1881 SWISS WATCHES *yr r«■ **r sir*? *NHk BP^^B r r /jf* iv ll jF '>" J jt^''r'r A >11 rrrrrr'rrr *rerfr r r* r If Q j. jJlf' »>r»rf r I -> r ~r*rrrr J If W JHt <VfV <r rrrrrrrrof rf'\ J> ¥Tr,,,»rrTr**,rw] >J X .jl V
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  • Page 4 Advertisements
    • 76 4 FOR SALE 81-95 Waymouth Street, Adelaide, South Australia. 10 YEAR LEASE TO THE AUSTRALIAN GOVERNMENT Prime CBD Location Superior quality construction Price Ass 9 million Fixed rental growth Completion December 1993. Initial yield 9.4%. 8% pa. (approx.) 220 3888 223 2323 222 1333 SHELL TOWER, 50 RAFFLES PLACE 10 ANSON
      76 words
    • 286 4 liV«WWd ALCAN AUSTRALIA LTD USD 175,000,000 Transferable Loan Certificate Facility Agreement Dated 23rd December, 1991 In accordance with clause 14 of the Terms and Conditions of the Transferable Loan Certificates (the "TLC's") notice is hereby given that the rate of interest in respect of an issue of USD 35,000,000 of
      286 words

  • Page 5 Advertisements
    • 57 5 o JO O u c/» Iniiiihiihi; lim;:;:; limm. Imhii li !i Ir-linnmini 'i in; A collection ol line wilting Moments that embody the intriguing design ol the Ait Deco Age. II Si f» Ihihiship. Solr Agrnl: HISI 4 I.OKI'OH\TIO\ I'lh I.TIt 9 25 Oft /*> t Huiliimg. IWI Mrtaniira Hnaii,
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  • REGIONAL FOCUS
    • 1034 6  -  10th anniversary of Sri Lanka's anti-Tamil holocaust By Nirmal Ghosh SINGAPORE By any standards, Sri Lanka has had a cathartic time. Civil war in the north and an insurgency in the south have cost thousands of lives and bled the economy. And in May this year,
      1,034 words
    • 200 6 A 26-MKMBKR Singapore delegation led by Trade Development Board (TDB) chairman Alan Yeo will visit Sri Lanka from July 25 to July 29. The delegation comprises mostly manufacturers, investors and traders keen to seek business opportunities in Sri Lanka. The TDB will also open
      200 words
    • 257 6 AFP COLOMBO Sri Lanka's unity remains under serious threat 10 years after an antiTamil holocaust that marked a watershed in the country's conflict between majority Sinhalese and minority Tamils, analysts said. This former tourist paradise in the Indian Ocean already has a
      AFP  -  257 words
  • Page 6 Advertisements
    • 974 6 m M METRO METRO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE is hereby given that an Extraordinary General Meeting of the shareholders of Metro Holdings Limited will be held at Le Meridien Singapore, Lafite Room (Level 3), 100 Orchard Road, Singapore 0923 on
      974 words
    • 417 6 METRO METRO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NoTICE IS HEREBY GIVEN that the Twentieth Annual General Meeting of the Company will be held at Le Meridien Singapore, Lafite Room (Level 3), 100 Orchard Road, Singapore 0923 on Tuesday, 17 August 1993 at
      417 words

  • THE WORLD
    • 442 7  -  From Leon Hadar in WASHINGTON THE House of Representatives voted on Wednesday to keep China's most favoured nation status for one more year. It voted 318 to 105 to reject a resolution denying China the most-favoured-nation trade status it has enjoyed
      442 words
    • 397 7 Reuter WASHINGTON Negotiations to cut Japan's huge trade surplus with the US will likely start in September and initially focus on cars, government contracts and insurance, senior US officials said on Wednesday. Administration officials had said they see no real delay in the
      Reuter  -  397 words
    • 109 7 Reuter MOSCOW The Russian parliament has passed a new law governing agreements with foreign investors to exploit natural resources, the business newspaper Kommenamt-Daily said. Foreign oil and other companies have been lobbying hard for speedy approval of new legislation to reduce the risk of
      Reuter  -  109 words
    • 347 7 FT PARIS The French government on Wednesday named three of the country's leading industrial and financial groups to spearhead its ambitious privatisation programme. The planned sale of oil group Elf-Aquitaine. which is France's largest industrial concern, chemicals group RhonePoulenc and Banque Nationale
      FT  -  347 words
    • WORLD WATCH
      • 94 7 USIS WASHINGTON The Office of the US Trade Representative (USTR) has created a new position of assistant US trade representative for Asia-Pacific Economic Cooperation (Apec). Nancy Adams, a 16-year USTR veteran, will head the new office. She was formerly deputy assistant USTR for
        USIS  -  94 words
      • 67 7 Reuter SARAJEVO Bosnian children trying to beat the heat with what little water is available in the besieged capital on Wednesday. The "bathtub" is a large baking pan placed on a sidewalk next to "Sniper Alley". Sarajevo has been without water and electrical
        Reuter  -  67 words
      • 88 7 UPI MEECH LAKE, Quebec Without giving specifics, Canadian Prime Minister Kim Campbell vowed on Wednesday to close her country's US$26 billion (5542.1 billion) annual budget deficit by 1998 while leaving government-funded healthcare and social programmes intact. But Ms Campbell declined to reveal specifics of her
        UPI  -  88 words
      • 84 7 Reuter UNITED NATIONS The UN official in charge of eliminating Iraq's war machine said he would send a team to Baghdad soon to install monitoring cameras at two missile sites but not activate them for at least six weeks. Rolf Ekcus, in a report
        Reuter  -  84 words
      • 62 7 Reuter MOGADISHU The United Nations, facing increased attacks from Somali gunmen, said yesterday its troops were ready to use more force to contain them. "We are sure that in order to show them that we have the might to deter any further
        Reuter  -  62 words
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  • COMPANIES & MARKETS
    • 518 9  -  Reports by Harish Mehta SINGAPORE Hotel and aviation tycoon Ong Beng Seng has teamed up with Vietnam Airlines to build a hotel and office complex in Hanoi costing USS4O million (Ss6s million), in a move that takes their partnership beyond aviation
      518 words
    • 434 9 SINGAPORE Ong Beng Seng's other Concorde hotel project in Vietnam, this one in southern Ho Chi Minh City, is being revived. This follows the stepping in of Saigon Tourist, a stateowned hotel and tour operator, which took over the stake of Construction
      434 words
    • 272 9  -  By R Sivanithy SINGAPORE Shares of government-linked International Factors (S) or IFS made an unimpressive debut yesterday, closing at $1.24 two cents below its provisional strike price. At that price, however, a comfortable profit could still be made by those who received the fixed-price
      272 words
    • 97 9 Bernama KUALA LUMPUR Berjaya Leisure Bhd yesterday reported a group pre-tax profit of M 595.19 million (5559.97 million) for the year ended April 30, a II .7 per cent rise from M 585.18 million previously. It said in a statement that the group turnover rose
      Bernama  -  97 words
    • 724 9  -  HOCK LOCK SIEW By Lilian Ang SINGAPORE The OCBC group's plan to sell the second phase of The Countryside by tender brims with potential for the developer. But for house-hunters, it is likely to mean more grief if
      724 words
    • 580 9  -  By William Chia SINGAPORE A sensational sibling squabble is unfolding at Clob-listed property and insurance company Kuala Lumpur Industries Holdings (KLIH). It pits eldest brother and executive president Teong Teck Leng against his three younger brothers, Teck Loong. Teck Kim and Teck
      580 words
    • 206 9 SINGAPORE CDL Hotels New Zealand (CDLNZ) has turned in an after-tax profit of NZ5950,000 (*****.500) for the six months ended June 30. This was achieved on an operating revenue of NZ$l.2 million, the company said in a statement yesterday. No comparable figures were given
      206 words
    • Article, Illustration
      373 9 Source: Bridge Info Performance of STII's Index stocks Jul 22 Last Srase Index Slock sale C'lwe factor motrrs A»imo 2 080 0 040 1.62 4 44 <4C 6 850 -0 100 S3J -M.ll t'ercbos S.soo 0 050 4 2* 5 56 FAN IJ 200 0 4(H) 10.27 44 44
      Source: Bridge Info  -  373 words
    • COMPANIES
      • COMPANY BRIEFS
        • 68 10 SINGAPORE Impalloy Singapore (1993) Pte Ltd. which was acquired by the Keppel group earlier this year, has been renamed Cathodie Protection Technology Pte Ltd (CP Tech). Three of the Keppel Group's companies, Keppel Integrated Engineering (KIE), Steamers Maritime Holdings and Far Last l.evingston Shipbuilding (Fels).
          68 words
        • 99 10 SINGAPORE Keppel Corporation's subsidiary K Investment Holdings has bought a 73.4 per cent stake in Asia Building Society, triggering an unconditional general offer. KIH yesterday bought 7.39 million ABS shares for 93 cents each, or a total of $6.85 million. In accordance with rule
          99 words
        • 55 10 SINGAPORE Sesdaq-listed Jaya Holdings has completed the acquisition of Sunbeam Marine Industries on July 20. The takeover was announced on June 3. The shiprepair firm also said that instead of extending a 56.4-million intercompany loan to SMI. it will lend SMI $2.4 million and provide a
          55 words
        • 44 10 SINGAPORE Listed can-maker Pacific Can Investment Holdings has appointed Jason Lim Cheong Tiong as director, with effect from July 21. Pac Can also announced the resignation of Freddie Heng Kim Chuan from the board with effect from Julv 12.
          44 words
        • 39 10 SINGAPORE Listed property firm HTP Holdings has appointed Wang Jie as a director with effect from 21 July. Mr Wang is presently deputy director of the the Beijing Stock Exchange Executive Council's fund management department.
          39 words
        • 46 10 KUALA LUMPUR Public Finance Bhd net earnings rose 15.4 per cent to MS 15.97 million for the six months ended June 30. This was achieved on the back of a 15 per cent increase in turnover to M 5216.45 million.
          46 words
      • 175 10 AFP HONGKONG The colony's Lane Crawford International Ltd. which has a string of upmarket department stores, yesterday reported a 26.20 per cent rise in annual profits to HKS 155.1 million (5532.2 million). Total turnover for the chain for the year ending
        AFP  -  175 words
      • 499 10 Reuter SYDNEY Australia's business expansion in Asia, which is reshaping the country's corporate identity, is proving tough and frustrating for many companies. Driven by the promise of booming economic growth and fresh markets, many Australiabased companies are scrambling to find partners in
        Reuter  -  499 words
      • 472 10 NYT NEW YORK Compaq Computer Corp proved on Wednesday that it was the best performance in the personal computer industry price war. reporting that its profit trebled in the second quarter. The surge in Compaq's earnings comes as other leading personal computer
        NYT  -  472 words
      • 620 10 Reuter HONGKONG Stock market analysts have delivered an early interim report on the Hang Seng Index options contract saying it shows promise but could do much better. Daily options trading volume hit a high of 2,127 lots on July 13
        Reuter  -  620 words
      • 322 10 UPI MANILA Philippine Airlines said yesterday it was looking for foreign partners to buy a stake in its operations or share services. "I started talking with foreign airlines about their buying into us." the Philippine flag carrier's president Carlos Dominguez said. He declined to
        UPI  -  322 words
      • 259 10 Bloomberg Business News KUALA LUMPUR Oil and gas explorers Esso Production Malaysia and Petronas Carigali Sdn Bhd have discovered gas in the PM-5 block ofT the Terengganu coast in the South China Sea. Esso said in a statement yesterday that the discovery
        Bloomberg Business News  -  259 words
      • 238 10 AFP BANGKOK Agreement has been reached to appoint Thai Air Force Chief Gun Pimarntip as new chairman of the board of Thai Airways International (Thai), the Bangkok Post reported yesterday. Agreement on the appointment of Mr Gun, who would replace Pandit
        AFP  -  238 words
      • 212 10 Reuter TAIPEI Taiwan has eased stringent capital requirements for foreign brokerages in a bid to attract more overseas firms to set up branches on the island. the Securities and Exchange Commission (SEC) said. "We are reducing capital requirements for foreign firms so
        Reuter  -  212 words
      • 483 10 UNIT TRUSTS FUNDS m-Kirr phew iui 23 Insurance Fund (Mt TrHSt Income Bond Polio 3.27 3.39 The ommcriT 1.33 I 40 PrUd®Htul The Savings Fund 1.22 1.28 PniLink Mgd Fund 1.14 1.20 S'pore Prog Fund 0 56 0.59 y 1DI Spore See Fund 0.89 0.93 ■WH-HBUpUlfl S'pore Invest Fund 0.98
        483 words
      • 674 10 Payment Ex Books Pay dale dose date Alex Hldgs 50* b 6 Aug 31 Sep 6 Sep 28 Amcol 25* F 20 Jul 13 Jul 19 Aug 16 Asia Pacific I I4N Jul 8 Jul 20 Jul 26 Asia Pac Ld 50« b 2TE Jul 26 Aug 10
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    • FINANCE & COMMODITIES
      • 379 11  -  By Paul Leo SINGAPORE Keeping one step ahead of its competitors, financial information provider Bloomberg Financial Markets is upgrading its financial news terminals to incorporate sound and still images. Bloomberg's founder and owner, Michael Bloomberg, who was visiting the Singapore office yesterday,
        379 words
      • 261 11 Reuter TAIPEI Deposit rate cuts by several Taiwanese banks sent a clear signal that domestic interest rates are on their way down as the central bank seeks to boost the economy, commercial bankers said yesterday. "There is room for both deposit and lending rates
        Reuter  -  261 words
      • SMALL CHANGE
        • 99 11 Bloomberg Business News LONDON Prudential Corp said UK new annual premiums in the first half fell 5 per cent to £266 million (SS6SO million) from £281 million a year ago, reflecting consumers' wariness of long-term financial commitments. Single premiums increased by 40 per cent to
          Bloomberg Business News  -  99 words
        • 101 11 Knight-Ridder BANGKOK Siam Commercial Bank, one of Thailand's largest, will cut its maximum lending rate to 15.75 per cent from 16.00 per cent effective Monday, a bank official said yesterday. The rate is being cut because the bank faces excess liquidity, the official quoted bank
          Knight-Ridder  -  101 words
        • 75 11 Bloomberg Business News TOKYO Japan's long-term credit banks will cut their long-term prime rates by 0.4 percentage point next month from the current 5.4 per cent in response to declining yield on the financial debentures, the Nihon Keizai newspaper said. Japan's long-term credit banks arc
          Bloomberg Business News  -  75 words
        • 77 11 KnightRidder ZURICH Swiss Volksbank. Switzerland's fifth largest bank and part of the Credit Suisse group, will introduce a new two-year cash bond beginning Aug 1. No other large Swiss bank has such a product. Cash bonds normally available have lives of between 3 and 8
          Knight- Ridder  -  77 words
        • 88 11 Bloomberg Business News MELBOURNE National Australia Bank said it is launching a sealed bid tender for 41 commercial and residential properties with an estimated value of AS 143 million (SSI 56.4 million). The bank said the scaled tender is an innovation in the banking
          Bloomberg Business News  -  88 words
      • 433 11  -  By Magdalene Ng SINGAPORE Asia, excluding Japan, is fast becoming a new centre for Japanese yen-denominated equitylinked bonds. For the second time this year, a Japanese corporation has launched such an issue in the region, with Singapore as the base.
        433 words
      • 263 11 AFP JAKARTA The private Bank Dagang Negara Indonesia (BDNI) is to sign a deal this week to purchase shares held by ailing Bank Summa in a bank in Vietnam, a member of Bank Summa's liquidation team said yesterday. "BDNI and Bank Summa's
        AFP  -  263 words
      • 226 11 Knight Ridder BANGKOK Twelve foreign and 11 local Thai banks have launched offshore banking operations since 47 banks were given licences to do so in March, the Bank of Thailand said yesterday. The 23 offshore units have lent a total of 92.783 billion
        Knight Ridder  -  226 words
      • 236 11 Platts LONDON Kuwait oil minister Al-Baghli said on emerging from a meeting with Opcc president Jean Ping that he might be prepared to postpone Kuwait's demand for quota parity with the UAE until the fourth quarter. Mr Ping's meeting with
        Platts  -  236 words
      • 136 11 THE USS had a generally biddish tone against most currencies after attempts at low overnight failed. Over in the regional currencies. trading was again lackJustre and confined to narrow ranges. Against the Ss, the USS was bought from the morning opening by a local bank
        136 words
      • 191 11 Bloomberg Business News LONDON The dollar ended higher against the deutschcmark yesterday as the European exchange rate mechanism threatened to explode amid massive selling of French francs, Danish kroner and Spanish pesetas, analysts said. Both the Bank of France and the Bundesbank sold huge amounts of marks for French
        Bloomberg Business News  -  191 words
      • 323 11 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York tumbled yesterday after Saudi Arabia said an emergency meeting of Opcc wasn't necessary at this time and that they would not attend, brokers said. Saudi Arabia sees no reason for the
        323 words
      • Article, Illustration
        1585 11 liajf->umhuil inJt-\ cak nlan\l S'pure'% ht/t 14 trailing panmr\, ftov i<m» HWS US$/S$ forward rates Noon July 22 ss BM Offer 1-month 1.6167 1.6182 2-month 1.6167 1.6182 3-month 1.6167 1.6182 6-month 1.6163 1.6183 Swntr (X bC Source: OCBC FOREIGN CURRENCY NOTE RATES As at lfem on Inly 22 Singapore dollars
        1,585 words
      • 78 11 AFF NEW YORK The dollar gained ground in quiet, early trading yesterday against other major currencies except the yen. Gold lost 70 cents compared to Wednesday's close and was quoted at U*****.50 an ounce. At 1315 GMT, the dollar was at 1.7045 German marks against 1.6975 at Wednesday's
        AFF  -  78 words
    • COMMODITIES & FUTURES
      • 1477 12 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended unehanged yesterday, reeovering from lows on good teehnieal support. The market extended losses from Chicago's I MM. weighed down by supply concerns and threats of tighter US credit after Eederal Reserve chairman Alan Greenspan's meeting with
        Reuter  -  1,477 words
      • 663 12 COMMODITY REPORTS Tta A SHARP fall on the London Metal Exchange saw tin price on the Kuala Lumpur Tin Market plunging further to yet another record low yesterday. Heavy selling and absence of consumer interest saw the metal shed another 12 sen to
        663 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 75 12 KUALA LUMPUR Malaysia's bulking installations and refineries have storage capacity of 1.426 million tonnes of palm oil, according to the statebacked Palm Oil Registration and Licensing Authority. The authority said capacity at bulking installations is 732.20S tonnes of palm oil, while the remainder is capacity
          75 words
        • 85 12 NEW DELHI Indian sugar prices will rise because the government has restricted market supplies in anticipation of a forecast shortage in domestic output, industry officials said yesterday. The government will allow only 600,000 tonnes of white sugar to be sold on the open market in
          85 words
        • 56 12 KUALA LUMPUR Egypt bought on Wednesday 15,000 tonnes of Malaysian palm stearin for arrival during the last half of September, traders said yesterday. Egypt also bought 15,000 tonnes of palm stearin for arrival during the last half of October, they said. The seller of both
          56 words
        • 43 12 TOKYO Japan's domestic orders for electric copper wires and cables totalled a preliminary 86,200 tonnes in June, up from 80,064 tonnes in May, according to figures released yesterday by the Japan Electric Wire and Cable Manufacturers Association.
          43 words
    • 1623 12 Rubber HAS Cwnlt> Exchange (futaros dosing as at la*) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sell (tonnes) Interest Aug V3 OOO 000 131.25 0 L900 Sep 133.00 133 00 132.75 200 4. <>00 Oct 0 00 0 00 133.50 150 6 800 Nov
      1,623 words
    • REGIONAL STOCK MARKETS
      • 1204 13 -15.9 Shares slid otT their highs as investors sold off blue chips yesterday. The All Ordinaries Index closed 15.9 points lower at 1.802.6 after opening 5.4 points down. Brokers said futures-related trading, easing bullion and a lack of overseas buyers helped to keep the market soft. "The market just
        1,204 words
      • 593 13 +25.09 Share prices ended higher, breaching old records on improved market sentiment and Philippine Long Distance Tele- phone Co's (PLDT) overnight advance in New York, brokers said. "Improved sentiment, coupled with PLDT gains abroad, drove the market up." said Carolle Kabigting of Peregrine Securities. "Buyers were very aggressive." said
        593 words
      • 619 13 +25.18 Taiwan share prices finished up. although well otT early highs, in response to small deposit rate cuts by some local banks and very loose liquidity in the money market, brokers said. The weighted index ended 25.18 points up at 3.932.15. off its intra-day high of 3.957.40. Turnover remained
        619 words
      • 345 13 -5.38 Stocks sunk to close below the 750 level as pessimism about the nation's economic prospects and a liquidity shortage gripped the market, brokers said. The composite stock index closed 5.38 points lower at 746.56. Brokers said foreign buying had declined conspicuously as the 10 per cent foreign holdings
        345 words
      • 231 13 +3.45 New Zealand shares posted a new three-year high yesterday, sparked by interest in the surprise takeover bid by Salmond Smith Biolab for Regal Salmon, said Phil Bothamley. a broker with Forsyth Barr. The Top-40 capital stock index closed up 3.45 points at 1,732.95. Turnover was valued at
        231 words
      • 41 13 +36.45 Share prices rose further on short-covering by speculators in after-hours kerb deals, broken* said. The Bombay Stock Exchange's 30-share index closed at 2.159.77 points, up 36.45 from the previous close. The National Index closed 1.33 points higher at 1.002.00.
        41 words
    • WORLD STOCK MARKETS
      • 759 13 Britannia Funds Sterling (ash Bid Offer Mim jp Deposit in Mini !m v»i Ma K-r*> <mH o ix»m iiw Mim Mj» Income ****** 'I OMI I M ash I ik ome Plu\ Fund IOMUI 111 *111 PS Rrterte I und <2100 5 2200 Sterling Fquiti Euro Performance II.4W2 O.W** Far
        759 words
      • 607 13 +6 Share prices eloscd firmer yesterday ahead of last night's vote in Parliament on the Maastricht treaty, buoyed mainly by FTSE futures gains. Traders and analysts said if the Conservative Government lost the vote it would have a negative impact on the market but any losses were likely to
        607 words
      • 132 13 18.19 French shares shot up in the last half hour of trade on rumours, which was quickly denied, that the Bank of France planned to hold a news conference. The rumour, which in different versions held that France was going to pull out of the ERM or sharply raise
        132 words
      • 103 13 +0.13pc Swedish shares ended up. despite higher debt market yields and without support from foreign bourses. But dealers added that the rise was partly technical, linked to options expiry. The all-share index had edged up 0.13 per cent to 1.129.88 in healthy turnover worth 940 million crowns. Ericsson was
        103 words
      • 207 13 -0.29 German shares are expected to remain locked in their current range or ease slightly as the phase of consolidation lasts longer than most expected. The DAX-30 Index closed down 0.29 point at 1,823.52 after failing to break out of a narrow sev-en-point range yesterday. Volumes had deteriorated from
        207 words
      • 237 13 +3.26 Dutch shares showed unexpected power to retake half the ground lost in the previous two days. A stronger dollar and higher bonds reinforced positive sentiment. and dealers see some further progress. "If you had asked me this morning I would have said we would go down, but now
        237 words
      • 237 13 +20.48 Swiss shares ended higher in active trade as the market rebounded from a twoday slump. Buying in blue chips spread across the board with some players paying new attention to the industrial sector and to so-called cyclical stocks in particular. The broad SPI Index was 20.48 higher at
        237 words
      • 334 13 -20 South African gold shares ended substantially lower in sluggish trade as the gold price offered little short term hope of a rally and industrials continued to scratch for direction amid gloomy economic prospects, dealers said. But they said golds did not attract significant selling despite bullion's fall as
        334 words
      • 797 13 10.62 Wall Street stocks slipped from record levels yesterday while the bond market rebounded and moved slightly higher. At 1 pm EDT. the Dow Jones Industrial Average was down 9.78 points at 3.545.62. Declining shares outnumbered advances 9-8 on New York Stock Exchange volume of 148.6 million shares.
        797 words
      • 150 13 -11.56 Belgian shares lost almost 1 per cent on the last day of the forward market account as the pace of the market correction increased due to further pressure on shortterm interest rates. The Bel-20 Index of leading shares closed 11.56 points, or 0.91 per cent, lower at 1,301.65.
        150 words
      • 274 13 -8.76 Stocks slipped further in early activity on weakness in precious metals and industrial products issues, traders said. The TSE 300 Composite Index fell 14.87 points to 3.852.51 in turnover of 13.17 million shares for a value of Csl3l million. Declining stocks were ahead of advances 192 to 140
        274 words
      • 143 13 +0.17pc Tensions on Europe's currency markets which fed through to the weak lira helped pull Italian shares oft" session highs. Dealers said worries about the currency outlook, which led to a tightening of French monetary policy yesterday, supplemented an outflow of funds from foreign investors. At the close of
        143 words
    • Article, Illustration
      2967 14 Reuter HONGKONG Share prices ended sharply lower yesterday after overseas institutions, worried about the state of China's economy, continued to offload stocks, brokers said. The blue-chip Hang Seng Index fell 79.96 points, or 1.17 per cent, to 6.760.02 while the broader-based All Ordinaries Index was down 45.02 points at
      Reuter; Source: Bridge Info  -  2,967 words
    • Article, Illustration
      514 14 BOTH the Shanghai and Shenzhen A markets ended higher on thin trading yesterday as local investors stayed on the sideline on hopes of good interim results. The CLSA Shanghai A Index gained 27.68 points to 5,157.41 while CLSA Shenzhen A Index surged 24.46 points to 1.650.56. The Shanghai B
      514 words
    • Article, Illustration
      2568 14 Reuter TOKYO Stocks ended mixed in quiet trade yesterday, with the Nikkei Average trapped in a narrow 103-point range all day. Investors retreated to the sidelines on political uncertainty, and only a handful of blue-chip high-tech issues drew investors' attention, brokers said. "The market has reached stalemate, and people
      Reuter; Source: Bridge Info  -  2,568 words
    • Article, Illustration
      1872 14 Reuter BANGKOK Thai stocks ended the day with small gains after wavering between 895 and 900 as investors targeted selected stocks while others appeared discouraged by continued political upheavals. brokers said. The SfcT Index closed up 2.89 points at 897.44. with turnover of 4.9 billion baht. The index had
      Reuter; Source: Bridge Info  -  1,872 words
    • Article, Illustration
      1086 14 Reuter JAKARTA Share prices ended slightly lower in dull afternoon trade yesterday. The official index edged up slightly by 0.13 points to 355.20. "Profit-taking in consumer and pharmaceutical counters put those shares under some pressure but interest in sccond liners broadly balanced the downside trend." a dealer with a
      Reuter; Source: Bridge Info  -  1,086 words
    • 2712 15 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Idns Hvd MX- 7.314.000 Promt 5*15.01*) Mull ■-Purpose 5.068.000 Kcnong Bhd 50c 4.615.000 FAC B 50c 3.687.000 M A A 2.9*M>00 kamunting 50c 2.548.000 kenuvjn 50c 2.522.000 Pcgi Msia 2. WO.OOO t abcr < iroup 2.161.000 Bedford 50c 1.964.000
      Source: Bridge Info  -  2,712 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 246 15 Bernama KUALA LUMPUR Share prices here closed steadier yesterday in active trading but off the morning highs when the Composite Index reached record levels. The weighted Composite Index closed at 759.76, 1.84 points off Wednesday's record finish of 761.60, despite reaching an intraday best
        Bernama  -  246 words
      • Article, Illustration
        5254 15 Source: Bridge Info INDICES TURNOVER Clow Previous hanRr KLSE Composite ..7S9.76 761.60 -184 NST Industrial ..4241.61 4:».H 31.97 NST Finance 5283.47 5211 40 +72.07 NST Properties 1318.25 1325.59 -7.34 NST Tins 943.16 934 72 8 44 NSTSRuhbers 4574.62 4564.71 +9.91 lurnmer (1)00) Total volume 247. ?(M 216.32* 31.376 Total value
        Source: Bridge Info  -  5,254 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7890 16  -  By Soh Tiang Keng SINGAPORE Profit-taking and unloading of long-held stocks pared early gains in the Singapore stock market yesterday. Nevertheless, the Straits Times Industrials Index, which soared 31.74 points on Wednesday, managed to close 12.74 points up at 1.818.41. While institutional buying continued, dealers
        Source: Bridge Info  -  7,890 words
      • 77 16  -  HOT STOCK Paul Leo ASIA PACIFIC Land closed at 43 cents yesterday, a drop of 37 per cent from its recent peak of 68.5 cents in April. Directional indicator MACD signals that a rally is about to take place. Weekly RSI below 25 indicates an oversold situation.
        SOURCE: BRIDGE INFO  -  77 words
  • Page 9 Advertisements
    • 163 9 Wmk. mi mi buy in Imrsurfers paraim! Located right at the heart of Gold Coast with 18 Golf Courses &8 of them; Sanctuary f\o/(\ W J* k Cooe, Hope Island, Palm Meadows, Royal Pines, \Up TQ fV) Parkwood, Southport, Surfers Paradise \jX B Carrara within walking distance or just 8
      163 words



  • Page 12 Advertisements
    • 377 12 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I. Toh Kian Tee of Blk 675 #04-603 Hougang Avenue 8, Singapore 1953, have applied for Retail Beer Shop Licence in respect of premises at M/S Hin Hin Kiosk at Blk 616, #01
      377 words
    • 31 12 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead eZsy to use. Just call 737-1166 The Btnite Times Classifieds Bmnnmnnmnniniini
      31 words

  • Page 13 Advertisements
    • 23 13 ROY EASTERN WATCH, #01-74 LUCKY PLAZA, #01-86/88 LUCKY PLAZA, #01-19 PARK MALL, TEL: 734 3139. DELUXE EASTERN WATCH, #01-18/20 CENTREPOINT, TEL: 235 2536.
      23 words


  • Page 15 Advertisements
    • 43 15 With over 170 million cards honoured at overlO million establishments, MasterCard puts JBM the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches B > YOU'VE GOT THE WHOLE WOULD Ond ATMS WOfWwide# IN YOUR HANDS
      43 words

  • Page 16 Advertisements
    • 61 16 t Hong Kong Tim Sum A delicious choice of tim sum delights for every palate Weekdays 11.30 am 300pm p Sun Public Holidays B.ooam -300 pm v r Kam Yip Ting Restaurant o*jgr 1018 Hast Coast Parkuxiy Q Leisure y *02-02 Leisure Court MF" I Kam Yip Ting Restaurant S'ffiEiXL
      61 words

  • SPORTS
    • 259 17 NYT NEW YORK Unforgettable for Toni Kukoc was the first time he played against the Dream Team in Barcelona, Spain, last year which consisted, in this case, primarily of him trying to play one-on-two against Michael Jordan and Scottie Pippen, a feat that even
      NYT  -  259 words
    • 35 17 Reuter SAN DIEGO San Diego Padres' Ricky Gutierrez leaped to avoid the outstretched arms of New York Mets" baserunner Joe Orsulak on Wednesday. The Padres completed the double play.
      Reuter  -  35 words
    • 524 17  -  Optimist Junior World championship Golf By Shahiron Sahari SINGAPORE Singapore junior golfers Douglas Tay and Sean De Luna look on course to make the 54-hole cut at the Optimist Junior World Golf Championship in San Diego, California but Lam Chih Bing could miss out.
      524 words
    • 207 17 AFP SYDNEY The Australian horseracing industry is in danger of slipping behind burgeoning Asian thoroughbred interests. prominent Australian trainer Lee Freedman warned on Thursday. In the wake of last week's bombshell announcement that leading trainer David Hayes is defecting to Hongkong, concerns have
      AFP  -  207 words
    • 673 17 Tour de France Reuter ST LARV SOU LAN. France Andy Hampsten chose to stretch out a helping hand to a team mate on Wednesday rather than raise his arms in triumph in a moment of Tour de France glory. The American's sympathetic
      Reuter  -  673 words
    • SPORT SHORTS
      • Article, Illustration
        60 17 Reuter NEW YORK American league Wednesday: Seattle 10 NY 3; Boston 4 California I: Minnesota 7 Detroit 2: Oakland 7 Cleveland 2: Kansas 8 Baltimore 6; Toronto 4 Chicago I. National: NY 5 San Diego 2: Sh 4 Montreal 3; Chicago 4 Cincinnati 1; Florida 6 Colorado 4; Houston
        Reuter  -  60 words
      • Article, Illustration
        234 17 Reuter COLOMBO The first test between Sri Lanka and India was called ofT on the final day yesterday due to wet conditions that have allowed only SO minutes of play, officials said. Play was possible only on the second day and in that time Sri Lanka scored 24 for
        Reuter  -  234 words
      • Article, Illustration
        48 17 Reuter TOKYO Nikkei Cup tournament leading first round scores Thursday (Japanese unless stated): 66 T Odatc. M Harada 68 H Sasaki 69 T Yoneyama. T Maruyama. K Suzuki. H Kamidc. P McWhinney (Aus). Y Noguchi. Y Iwashita. Y Sakamoto. M Okamoto. Also: 72 Samson Gimson (Sin). Reuter
        Reuter  -  48 words
      • Article, Illustration
        282 17 AFP NYT SYDNEY Hosting the 2000 Olympic summer games in Sydney would pump A 57.3 billion (558.15 billion) into the Australian economy. a firm of leading accountants predicted. Accountants KPMG Peat Marwick in releasing an independent report on the bid said the economy of the host state. New South
        AFP; NYT  -  282 words
      • Article, Illustration
        248 17 AP AFP BERLIN German star Boris Becker has parted with manager lon Tiriac. ending a 10-year relationship that included three Wimbledon titles and numerous lucrative endorsement deals. Becker released a statement late Wednesday thanking Tiriac for his service and wishing the 54-year-old native of Romania good luck in future
        AP; AFP  -  248 words
  • Page 17 Advertisements
    • 17 17 "It was plain sailing selling my cabin arisen" to ja I Call today for results tomorrow. 737-1166
      17 words
    • 150 17 KMG-WILKMSON ENGINEERING PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap 50 that the Final Meeting of Members of the above-named Company will be held at the offices of Messrs Lim Associates (Pte) Ltd, 36 Robinson Road, *15-00 City House, Singapore
      150 words
    • 232 17 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF MACC PTE LTD(IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter 50. that the FINAL MEETING of the Members of the
      232 words
    • 252 17 THE COMPANIES ACT. CAP. 50 DE HONG PTE LTD (In Members' Voluntary Winding-up) At an Extra-Ordinary General Meeting of the Company held at 50/F Hopewell Centre. 183 Queen's Road East. Hong Kong on 30th June. 1993 the following special resolutions were passed (i) that the Company be wound up voluntarily
      252 words
    • 247 17 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I, Kor Wei Gang Alvin of 37M Jervois Road, Singapore 1024, have applied for a Public House First Class Licence in respect of premises at M/s Ming Xiang Lou Pte Ltd at 3 Shenton Way #01-04 Shenton House, Singapore 0106, and that
      247 words
    • 242 17 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I. Ratna Lachhmandas Punjabi of 4 Hillview Avenue #13-1104, Singapore 2366, have applied for a Retail Beer Shop licence in respect of premises at M/s Sainathll at Blk 567,101-100 Pasir Ris Street SI, Singapore 1851, and that this application will be heard
      242 words

  • Page 18 Advertisements
    • 739 18 Nothing Beats A BuLUffla OK Alan Ng, food writer of l.ianhc Zaobao.'lt's a high lea of distinct difference from those we had tried locally." Why go Penang? Princess Terrace Cafe introduces Penang High Tea with favourites like Penang Laksa, Fried Kway Teow, Bubur Hitam, Hokkien Mee and more. Adult $11.80+
      739 words
    • 277 18 WHERE TO WINE, DINE AND ENTERTAIN Make Up For Every Meal You've Had To Skip This Week n 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
      277 words
    • 274 18 writ appaHaan 9olor» 3Q»Bih<n. l/l WMHlim'Hia M Hmtw or* six •qwady <Mkiou* oftti »e chooa* 20 ivwit hwpluHum. Talc* your pick. a n*w country »v»fy month. Jhm Stath»GrMroom Lunch: HHH|| Noon 2.30 pm Only $30++ por porton. For rotmrvottonf, ptoaao m| £0******51 \> U](M»4l>i < N I WD T«t *****11
      274 words

  • LIFESTYLE
    • 1199 19  -  The value of Andy Warhol's estate was finally put at US$22O million, significantly less than an estimate of US$6OO-US$7OO million. Carol Vogel reports on the acrimonious conflict between various parties each with its own vested interest to arrive at the figure Carol Vogel NYT A
      NYT  -  1,199 words
    • 577 19 CHATTERBOX Reuter AP AP AP Reuter IS ACTRESS Daryl Hannah giving John F Kennedy Jr an ultimatum to marry her? A tabloid report last week said the starlet and the presidential son had taken out a 90-day marriage lieence in Santa Monica, California.
      Reuter; AP  -  577 words
  • Page 19 Advertisements
    • 151 19 Wq verseas? You can get newspapers magazines distributed by SPH from any of the following newspaper agents: Brunei: Current Newspaper Agency Tel: *****9; Fax *****43 Far East Newspaper Service Tel. *****2; Fax *****02 Hai Bin Book Store Tel: *****9; Fax *****95 See Hwa Book Store: Tel: *****6; Fax *****80 Seria
      151 words
  • Page 19 Miscellaneous
    • 1134 19 TV RADIO Father, My Son, 10.30pm, were both Legacy: China Mandate i| Heaven, B.oopm, SBC 12 j* Michael Wood visits Buddhist ft monasteries, then goes down Ho '-^Mr hormone giant proportions. This 1980 film tempers shocks and scares Will the sins of the father be. borne on the son? Karl
      1,134 words

  • ADVERTISING & MARKETING
    • 504 20 Latest forecast predicts an acceleration in advertising for the growth of media industry through 1997 Reuter An advertising surge will drive rising US media industry sales through 1997, a trend that's good for broadeast television, radio, newspapers and magazines, aceording to a
      Reuter; Source: Reuter  -  504 words
    • 215 20 McCANN-Erickson is launching its firstever house television campaign next week three 30-second spots carrying the group's global corporate slogan. "Truth well told". Managing director John Pearce said the commercials steer clear of any hard-sell or blatant self-promotion, and aim to be "just a gentle reminder that
      215 words
    • 208 20 CONSUMER products group Unilever Singapore has decided on a novel way to market one of its latest products. The company is challenging consumers to test the cleaning capability of its concentrated liquid detergent. Breeze Ultra Liquid, on patches of stains printed on advertising
      208 words
    • COPY LINES
      • 82 20 SINGAPORE The Marketing Institute of Singapore (MIS) will be upgrading its skills training centre into a sales academy. Some $250,000 will be spent to improve the Jalan Membina Barat training centre to house the academy. A 12-man board of governors will be appointed at
        82 words
      • 71 20 SINGAPORE Nominations are now open for two local advertising awards the Max Lewis Award and the Young Advertising Executive of the Year Award. The closing date for both is September 30. The awards are organised by the Singapore Advertisers' Association, and sponsored by F&N Coca-Cola. The
        71 words
      • 38 20 SINGAPORE The Body Shop has opened an outlet at Liang Court, bringing the number of outlets to 11 in Singapore. Two more are set to open by the end of the year.
        38 words
      • 68 20 SINGAPORE The New Zealand Meat Producers Board has opened an office in Hongkong which will have responsibility for all of Asia except Japan and Korea. The office reflects the board's recognition of the growing importance of Asian markets. Laurie Stevens, the board's Asian
        68 words
      • 59 20 SINGAPORE To coincide with the 1993 edition of the Singapore Phone Book, its publisher. Integrated Information Pte Ltd, is embarking on a nationwide recycling campaign. Telephone subscribers are encouraged to bring their old phone books for recycling when they collect their new issues. Proceeds from
        59 words
    • 464 20 Asahi News Service TWO Japanese retail chains that have opened stores in New York, where between 70,000 and 80,000 Japanese people are estimated to live, are using different marketing strategies to attract customers. The two stores are Takashimaya and Yaohan. While Takashimaya mainly
      Asahi News Service  -  464 words
    • 318 20 NYT AS THE smog of communism lifted over Moscow several years ago, enabling a market-orient-ed economy to take root, products like Reebok shoes. Benetton clothes. Sharp electronics and Estee Lauder cosmetics were suddenly available to people who had known only the shoddiness of domestically
      NYT  -  318 words
  • Page 20 Advertisements
    • 945 20 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PROMAGE INVESTMENTS PTE LTD (hMembm* Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50, the
      945 words
    • 872 20 IN THE MATTER OF THE COMPAMES ACT, CAP. 50 ANO IN THE MATTER OF REINHOLD OVERSEAS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 ol the Companies Act, Cap. 50. the Final Meeting of the members ol the abovenamed
      872 words
    • 42 20 We're looking foe an experienced Account Manager to fW I the above space with superior advertising for one of our I largest clients. Call Danny Chow at Leo Burnett on *****00 and tell him why you're the right person for the Job.
      42 words

  • Page 21 Advertisements
    • 104 21 Take a bow DDB Needham. On second thoughts take twenty-five. At the 1992 Cannes advertising awards the DDB Needham network walked away with twenty-two Lions. It was an unprecedented record. This year we broke it. We're proud. Not just because we've set another record (twenty-five Lions this time) but because
      104 words

  • 528 22 EDITORIAL IF Asean's first "growth triangle" comprising Singapore, Indonesia's Riau Islands and Malaysia's southern state of Johor needed proof that it was a sound idea, it must surely be that a second triangle has been launched. For believers in this novel concept of economic cooperation, it was
    528 words
  • WHAT THE OTHERS SAY
    • 327 22 THE LIBERAL Democratic Party has emerged from the Japanese election looking unheroic, the halo missing from a force which has elevated Japan from war ruins to immense power. It did better than it deserved. The arithmetic shows that, but it has been overshadowed by the intra-party
      327 words
    • 164 22 THE RULING Liberal Democratic Japan has lost its simple majority in the recent general election and it has some way to go to regain confidence at a time when the country is beset with economic difficulties. This is its first and biggest setback. Maybe it has
      164 words
    • 203 22 THE US AND North Korea reached an important accord on nuclear weapons in Geneva on July 19. To the US, the signing of the accord means the removal of a serious threat to regional security. While North Korea may appear to have bowed to pressure from the
      203 words
    • 177 22 THE MALAYSIAN Medical Association (MMA) confirms that it has pulled out of the Patients' Charter following a resolution passed by its members at its annual general meeting on June 5. Yet this was not conveyed to the rest of the co-signatories the Malaysian Dental Association, the Malaysian
      177 words
    • 168 22 ONE WEEK before the Indonesian Democratic Party congress, which opened today in Medan. North Sumatra, the fate of its chairman. Soerjadi, was practically written on the wall. In statements which sounded as if they were being orchestrated, military ofTicials in the provinces, who briefed congress participants before
      168 words
  • 845 22  -  Tokyo is turning the page on deference to Washington, writes William Pfafif William Pfaff IHT A "NEW world order" is slowly emerging which has nothing to do with the American global hegemony discussed even celebrated by Washington during George Bush's time in the
    IHT  -  845 words
  • Page 22 Advertisements
    • 131 22 This announcement appears as a matter of record only and does not constitute an invitation or otter to acquire, purchase or subscribe for Notes U. 5.5250,000,000 NIB Nordic Investment Bank 5 per cent. Notes due 1998 Issue Price 99.79 per cent. Goldman Sachs (Asia) Limited ABN AMRO Securities (Far East)
      131 words
  • Page 22 Miscellaneous
    • 59 22 (uuese I nodded (CEKT>s»nln HOT/) fwPKe. oP rno\ Vf\rn \pFF. DID VoujV v vr—^ Vbristq feJl II jM9>' —-V r J. n Co IN -nj£. FtRsT r ou 1 Pewgy SLfeSPPfIHoN.... 73A J Pv l L C ASSOCIATtO WCWSPAPtKS LTD. lIM IM] DOONESBURY GARRY TRUDEAU II ««.r SSBST msnm-t *&<we
      59 words

  • ANALYSIS
    • 935 23  -  One area the Singapore Cost Review Committee, due to release its report soon, has looked into is whether the Consumer Price Index accurately reflects cost rises. But that term of reference probably did not quite hit the nail on the head, says
      Source: Dr Tch Mun Heng, NUS  -  935 words
    • 749 23 THE CONSUMER Price Index (CPI). the inflation measure. may be only a proxy for a cost of living (COL) indicator. Nonetheless, as the International Labour Organisation (ILO) says in its manual on consumer price indices. "it is important that the
      749 words
    • 995 23  -  Along with its austerity programme, China has also launched one of its toughest campaigns to combat crime and graft. Willy Wo-Lap Lam reports Willy Wo-Lap Lam South China Morning Post AN AXIOM of Chinese politics is that whenever the economy is not holding up, the
      South China Morning Post  -  995 words
  • Page 23 Advertisements
    • 127 23 ff 1§ 1 t 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 close to shops and supermarkets and only 5 minutes
      127 words

  • 553 24 French central bank intervention may have amounted to 15 billion marks Reuter LONDON The European Exchange Rate Mechanism (ERM) was under siege again yesterday, with another battle raging between speculators and the central banks. France's central bank fired its first heavy
    Reuter  -  553 words
  • 353 24 Reuter MEXICO CITY United States Trade Representative Mickey Kantor said yesterday that he expected labour and environmental accords parallel to the North American Free Trade Agreement to be completed within a month. "We believe they will be wrapped up
    Reuter  -  353 words
  • 256 24 AFP TAIPEI Taiwan's Security and Exchange Commission (SEC) is seeking to quadruple the USS2.S billion (Ss4 billion) ceiling for total foreign stock investment in a bid to stimulate a dormant market. Officials said yesterday that the SEC believes that by raising the
    AFP  -  256 words
  • 396 24 Reuter MOSCOW Russia's Parliament yesterday approved a new 1993 budget with a soaring deficit that could torpedo government efforts to control the money supply and 750 per cent annual inflation. "I agree that the deficit is terrible," parliamentary budget commission head Alexander
    Reuter  -  396 words
  • 210 24 Reuter MANAMA Opcc talks on oil priccs will be delayed until at least the second week of August. Organisation of Petroleum Exporting Countries' president Jean Ping of (Jabon said yesterday, by telephone from Saudi Arabia, that he and Saudi Oil
    Reuter  -  210 words
  • 662 24  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament SINCE their very first missions of conquest. the Europeans have cynically and grandly divided the world into spheres of influence. When the Portuguese
    662 words
  • 448 24 Reuter LONDON Political wrangling over ratification of the Maastricht Treaty on closcr European union is unsettling British industry and denting confidence in the recovery. The British Chambers of Commerce (BCC) found in its quarterly economic survey that confidcncc in industry had improved
    Reuter  -  448 words
  • Page 24 Advertisements
    • 61 24 NEC Ultra Lite Versa VERSATILITY TAKES YOU WHERE Tke Mulberry Complete Traveller BECAUSE YOUR CLOTHES should also travel first class. zipper. Three large storage pockets. t I Concealed detachable Ivl U 1 D C Try washbag. Piped and bound Raffles Hotel Tangs seams. Padded handle and Tangs Studio Paragon By
      61 words
    • 4 24 r NEC > mleadVfTh! rest
      4 words

  • Shipping Times
    • 711 25  -  This is the first of a monthly column that highlights important shipping court cases Carrier says Taiwanese, rather than S'pore law, should apply By Ramesh Divyanathan SINGAPORE Neptune Orient Lines Ltd (NOL) is embroiled in a legal dispute in which it is
      711 words
    • 366 25 Malaysia Shipyard Engineering wins order to build product tanker MBT. KUALA LUMPUR AHS Marine Sdn Bhd, which is part of the Halim Mazmin Group, has awarded a MS24-million (SSIS million) contract to Malaysia Shipyard and Engineering (MSE) to build a 5,000 deadweight tonnes (dwt) clean product tanker. The group managing
      MBT.  -  366 words
    • 1076 25 Page Col ABC Containerize 12 I Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 4 1/2 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express IS S ASCL 5 5 Asian Breakbulk IS 1 ASXCL
      1,076 words
    • 147 25 SINGAPORE Inchcape Shipping Services Asia has appointed Peter Moe as its AsiaPacific regional director. Mr Moe was formerly Sea-Land Service's vice-president and general manager of South-east Asia. An Inchcape statement said yesterday that Mr Moe will be based in Hongkong and will overlook a region
      147 words
    • 485 25 Bloomberg Business News ROTTERDAM, Netherlands Nedlloyd Lines must seek an alliance with another shipping company to combat the problems that have been plaguing the container shipping market. plunging the unit into losses, analysts said. "The only way to solve the problem
      Bloomberg Business News  -  485 words
    • 138 25 Knight-Ridder LONDON New regulations introduced by the UK government now require UK-regis-tered vessels to submit oil pollution emergency plans to the UK Department of Transportation for approval. The regulations apply to tankers over 150 gross tonnage and all other ships over 400
      Knight-Ridder  -  138 words
    • SHIPS IN PORT
      • 606 26 VmmI Woy N» B«rth fcibaI Pgwtar* Mm* ¥»> N» BwMi »nh«l D«p«rto« jurong Port mman Eip oiwe poi 220/ 2300 •m Sen*wrna 15, 93 II? alongside 2307/1400 KatoniaKe 28 93 P03 alongside 22 07/2300 Fedor Petrov 44W alongside 2307/0600 Krasca 1 2/93 P09A atongs-de 2207/1500 Kcmdo 07
        606 words
      • 1548 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookinf/Balance Rsits Ship Voy No Etb/Btr Period From To From ta Rose 428 23/2000 1 22/1500 22/1659 22/1900 2 22/1W0 23/0659 23/0900 Aci 23A 24/1500 1 22/1500 22/1659 22/1900 3 23/0700
        1,548 words
    • 12378 34 This is a list of ships loading Singapore for ports around t world. It tabulates, by dcstinati< the name of the ship, the shipp line involved and the estimal dates of arrival and departure fri the Port of Singapore. LEGEND PN: ship calls at Penang ter it
      12,378 words
    • 1021 41 THE BALTIC" I reight Index for spot dr> cargo shipping rates fell to 1..15* on Juls 21 from 1.361. The major US grain trades remained sluggish with little activity evident for either Japan or northwest Europe destinations, brokers said. Continental Grain was rumored lo have taken the Panamas
      1,021 words
    • 602 41 15 Dtwily Water A* town Sxfciwnl Owfr Water Headut fat, w S**wt /M M/M Exxon Exxon KG/W3 V/V **> M/M 1 M/M PPM method kG/M*3 V/V M/M M/M PPM method BO/Canac Limits Spec E25 991 10 15 0 010 30* 010* Eastern USA 180 Ave 986
      602 words
    • 935 42  -  To what extent ships' emissions contribute to acid rain pollution will be discussed by the International Maritime Organisation. Frank Nicastro of Exxon Co analyses the issues and the measures that can be taken to reduce pollution threat Frank Nicastro Seatrade Review The conversation might
      Seatrade Review  -  935 words
    • AIR AND LAND TRANSPORT NEWS
      • 452 44  -  Supply has outstripped demand, says Garuda By Juliette Walker SINGAPORE Airlines flying between Singapore and Jakarta are facing a storm of competition on the route, Garuda Indonesia's general manager for Singapore said. R Prastyo told Business Times that some 14 airlines service the well-travelled business
        452 words
      • 272 44 Reuter AMSTERDAM KLM Royal Dutch Airlines NV said on Wednesday that it had sealed a hard-won agreement with the Dutch pilots' union to freeze its pension contributions and boost its shareholders' equity with pension money. The Dutch flag carrier said a deal
        Reuter  -  272 words
      • 363 44 MBT KUALA LUMPUR Traffic congestion in the Kuala Lumpur city centre will be cut in half upon completion of a peripheral network known as the Middle Ring Road (MRR) 11. MRR 11. a six-lane expressway, will be designed as an outer ring
        MBT  -  363 words
      • 351 44 UPI MANILA Global courier giant Federal Express Corp plans to set up a USSIOO million (SSI62 million) Asian hub in the former US Subic Bay naval base, a Filipino ofiicial said yesterday. The Memphis, Tennesseebased company has "agreed in principle" to operate
        UPI  -  351 words
      • 481 44 Continental, Northwest out to prove that American lowered prices to eliminate rivals NYT GALVESTON, Texas With videotapes, flip-charts, enlargements of once-secret memos and thousands of documents, armies of lawyers in US District Court here are re-enacting the airline fare war of 1992.
        NYT  -  481 words
      • LOG BOOK
        • 102 44 AFP FORT WORTH, Texas American Airlines, the largest US air carrier, announced on Wednesday a US$47 million (5576.6 million) profit in its second quarter this year, finally emerging from almost two years of losses. The quarter's profit, at 39 cents a share, was up from
          AFP  -  102 words
        • 100 44 Reuter SUVA, Fiji A love-struck Fijian student fell to his death after stowing away in the undercarriage of a London-bound aircraft to avoid being separated from his girlfriend. Mohammed Shamim's body was found on Wednesday, his 18th birthday, just off the end of the
          Reuter  -  100 words
        • 93 44 Reuter KARACHI Pakistan's fourth private airline, Shaheen Air International, is to begin domestic flights in September. Shaheen has leased two Boeing 737 airliners, said deputy managing director Jamshed Akbar Khan. "These aircraft would be acquired on a trial lease," he said, adding that Shaheen was negotiating
          Reuter  -  93 words
        • 95 44 Reuter BEIJING Four people were killed and five injured when a Chinese cargo ship carrying methyl alcohol exploded and started a huge fire, a provincial newspaper said. The ship and two other vessels berthed at the Suzhou Chemical Plant in eastern China were completely
          Reuter  -  95 words
        • 75 44 Reuter JAKARTA The Indonesian tanker Paseban Istana Mutiara, stranded in the Sunda Strait between Java and Sumatra, is leaking crude palm oil from its lower starboard bow, the official Antara new agency said. It said the tanker had been stranded for more than
          Reuter  -  75 words
      • 1394 44 an nm ct» nm n» On PfcaM GA970 2205 MllaHl QF81 1930 QF82 2055 SQ227 2230 AmMm KL837 1445 KL832 0020 SQ323 1725 KL838 2320 Mmm SQ348 2300 OncMwrf NZ35 1550 BA11 1505 SQ288 2030 SQ285 2015 BA12 2200 NZ36 2340 Bafcraia Gf 149 0650 B
        1,394 words
  • Page 25 Advertisements
    • 15 25 I*3 MAC-NELS HONG*g™ KONG 3SAIUNGS SINGAPORE:(O2)-*****22 JKT:(2I)-*****07 PK:(03)-*****77 PEN:(O4)-*****6 Focus on ship emissions, Page 18
      15 words
    • 32 25 Keen competition on S'pore-Jakarta route, Back Page 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
      32 words
    • 141 25 th e FAMOUS Qifiopi BESBBII 224 1833 For more information pleane refer to Pg. 13 i S K line I I CHANGE OF NAME I Please be advised that with immediate effect H KAWASAKI SINGAPORE (PTE) LTD H has changed its name to H "K" LINE (SINGAPORE) PTE LTD I
      141 words

  • Page 26 Advertisements
    • 450 26 TSKUNE AGENOES (S) PTE. LID. AmhA rI 1 |7 W TWTV7 Td: 226-3363 MPHn i JA* LIIiE Fax: 226 1972/3 I Tlx: RS *****/TSKSJN. TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N 9 I HMH TO NOWttflM. TWWAN i Jtf Mi "tHHtf tffldr I Mia MB 3B3!^^K——Bs i —i mJBM> wo
      450 words
    • 1415 26 nal"* 0 W pw in MauH caBTMgiHST CAHEORNA MRCURY 44 *****1 7494 I 111 I IMI 101 I 10* I 111 121 141 MM NARU|V29S29| 26 7 I 9 I I 13,1 I It 4 I 17/1 I It I I 21' I 21/4 22 4 li t 19/4 NtPTUNE
      1,415 words

  • Page 27 Advertisements
    • 2490 27 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. TEL *****13 FAX *****42 PETALING JAVA 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/
      2,490 words
    • 1807 27 ■gimrn U.S.A. CANADA NEXT AVAILABLE SAILINGS SL DEVELOPER V. 190E ETA SIN 26TH JULY 93 MARIE MAERSK V.9306 ETA SIN 27TH JULY 93 ANDERS MAERSK V.9312 ETA SIN 28TH JULY 93 Vessel Voy ETA ETD Feeder by S L"n7°" DESTINATIONS Tin* «ee* MARIE MAERSK 9306 CV 27/07 0800 MRS CfS
      1,807 words

  • Page 28 Advertisements
    • 1682 28 AOABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TON H BURG A WERP HAVRE WFST MALAYSIA KITANO 20/328 24/7 2/8 8/8 11/8 14/8 16/8 18/8 Pof Kelang p e nang KATSURAGI 16/129 29/7 15/8 18/8 16/8 Pas»r Gudang ESSEN EXPRESS 01/329 31/7 9/8
      1,682 words
    • 594 28 11 "n FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aN services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam e Mongolia e Hungary CSFR e Poland ocwrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vaaael ETA Ml
      594 words
    • 1207 28 K£i m /m &MMW REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOV SIN ALG^BCp^VAp^LHiktnna^Bfte^ROTAMTtFlLl NORASIA AI MANSOORAH 9327-3 23/07 12/08 15/08 16/08 16/08 18/08 19/08 20/08 21/08 22/08 I NORASIA PRMCESS 9328-3 29/07 18/08 21/08 22/08 22/08 24/08 25/08 26/08 27/08 28/08 I NORASIA SUN 9329-3 05/08 25/08 28/08 29/08 29/08 31/08
      1,207 words

  • Page 29 Advertisements
    • 2036 29 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 iU NBW MmmA ui^~ Jgcfip (A Sfftvict Of Ohma navigation CO) ACCEPTS KWgy CARGO OIK SMS MMM BROOKE VIM Mura. Lab 23-24 M 25 U 26 M FCL, LCI CONTAMER ANO MCAKBULK KRVICE
      2,036 words
    • 2860 29 m_ SINGAPORE AGENT: KMI P&O Containers (Singapore Agencies) Pte Ltd JL 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VC66CL VOY fMO f«# MM ALG SOU ANT NOT NAM ME OOT LEN
      2,860 words

  • Page 30 Advertisements
    • 818 30 I wTP EUROPE m s s v WL HOT Sl«| MMM/MM HtUX 1 MMul HHUOf KUTAI V2BWB 2131/7 I 2t/8 ~30/l 2,9 5/9 TO EAST COAST POUTS W W mi SPOKt SYP MEIB I WIS If« Wl A. ttSSll 78S 27/7 2i 1 10/1 13/1 7/S A. KStl 06S 21/7
      818 words
    • 2112 30 0 HANJIN SHIPPING FDR VSL SM I lIWE HAUL SEA PO* fDfi VSI SM IIME HAUL SAV KM NYC HAWM SEATTLE 030E ?9 7 DMECT 19/1 21/1 HANJM SEATTLE 0301 M l H. WW YORK OMI 2/9 3/9 5/9 HANJM YOKOHAMA 0471 5 8 DMECT 25/3 SUP HANJM YOKOHAMA 047E
      2,112 words
    • 1320 30 Ipm sgp ksg mrg nc pus ai n k no iu chs mi nc lid m m iit k no m ki ssrjl E GENTU K 049 27/7 a/7 2/1 4/1 9/1 lt/1 12/1 U/l U/l IC/I 27/1 1/9 10/9 11/1 21/9 22/9 23/9 24/1 2VI S/X9 IS/10 11/10 20/W
      1,320 words

  • Page 31 Advertisements
    • 2257 31 H SCX: 'NEPTUNE CYPRINE 01E' eta SGP 28/07/93 11 H ARRIVING LOS ANGELES 14/08/93 IN 16 DAYS II 88 II AEX: NEPTUNE DIAMOND 15E' ETA SGP 28/07/93 M II ARRIVING NEW YORK 20/08/93 IN 22 DAYS II II 'HI ConmcUni C. Saturn Voy SIC hi NKB M/01/I3 *R2 Comwctlna C.
      2,257 words
    • 1157 31 I SINSOV SINGAPORE SOVCT SHPPM6 CO PRIVATE LTD BOOKMGS: BALT ORENT LME: *****64 FESCO: *****06 ENQUMES: *****33 BIASCO ODESSA: *****51/*****31/*****13 MVENTORY: *****45 MWARD: *****51 OUTWARD: *****80 TRANSNPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARME INSURANCE SERVICE: *****87/ *****87 CR NO:
      1,157 words

  • Page 32 Advertisements
    • 1509 32 AS AGENTS: KAWASAKISM6APOK (FTI) ITO (CI No: !244«730a00M) V TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I M Mm* MALAYSIA "K" LME MAMTME (MALAYSIA) SON IHO I W*£ TEL: SA *****00 ?K *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T. SAHARA LAUT MTBMUSA. TEL: JKT *****08 wmmm kawasaki
      1,509 words
    • 695 32 ftHI LI-on I€NT LINGS PTC LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 J 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER Of THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRAL!A/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 29 JUL SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 25 JUL AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH.
      695 words
    • 434 32 GOLDEN LINE V W&G/V GUAM GUAM SNPPMG Es/\ (PTE) LTD 1 23. T*k A«or SM KWH «1M TEL: U43M6 (lIUKS) Fa: U***** JT (CI lb. *****H11HE) A ITMITI/WMUIIWirWTICi i S S pore P Keiang Penang 60USI NAMES! much (Mw 21/ JO M J 60UXN SIM Karachi Dub* 1/11 h* i
      434 words

  • Page 33 Advertisements
    • 1027 33 (PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: **********06 BmUMUHI VESSEL VOY SIN BKK SIN VESSEL VOY SIR *T S4N KOTA SARAS ksbmm ,5/7 jn/7 KOTA INT AN 3401 25/7 26/7 1/« fiAisiyuT fiuii n Ant vfr, in BUNGA TERATAI 3403
      1,027 words
    • 1627 33 VtSSUS I KOI 1 W FltDtß SfOßt HAMBURG HOT TtRDAAI ANT WW THARES U WW* BUM MACtDOMM 9429W 25/07 20/04 22/04 23/04 24/01 24/04 Wilt K «ra 7429W it/07 27/01 29/04 30/04 31/0> 02/09 Wilt Ot TUCAMA 9929W 07/04 03/09 05/09 06/09 07/09 09/09 Will Dt CAMOfUS *****1 15/04 10/09
      1,627 words
    • 358 33 BSAi MA MYANMA HA FIVE STAR LINE (Myanmar National Line) Loacfinf for Yanfon (Rangoon) Spore PJUc Pen P.G* LOKAH VI99W hi Tort HPAAA VI93W 30/31 kd 21/7% M MTOMATNA VI4BW kl Pt PAGAN V2OOW 5/7 Auf MALAYSIA AGENTS: BOUSTEAD SWPMG AGENOES HI. m 03 *****00 PKL: TEL 03 300(7(7 TOk
      358 words



  • Page 36 Advertisements
    • 2661 36 t t t Full Container Liner Services m </«» Ctnerol Ageffts: Booking Agents: G«m Gum Hupping S* CM Chug Ckioo Skipping 54a MM P.T. 6MW Mn laMi Maritime Costar Shipping Pte Ltd Sk*iog Froigkt Bookiog Ceotrt S4o BH SI tmioroo ff* Mo* Let 3.34, 3r4 Floor, It. M. looodt IH/23
      2,661 words

  • Page 37 Advertisements
    • 651 37 (fc FAMOUS CONTAINER LINES 10 ANSON RD 15-21 INTERNATIONAL PLAZA. S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 26/07 ROTTERDAM 26/07 AARHUS/COPENHAGEN 26/07 HAMBURG/BREMEN 26/07 MARSEILLE/FRANCE 24/07 FRIXSTOWE/UK 26/07 BARCELONA/SPMN 24/07 LEHAVRE/FRANCE 26/07 GENOA/ITALY 24/07 ANTWERP/BELGIUM 26/07 LOS ANGELES/WC/P1 25/07 SYDNEY/MELBOURNE 26/07 NEW YORK/EC 25/07 FREMANTLE/ADELAIDE 27/07 VANCOUVER 28/07
      651 words
    • 1205 37 JAKARTA BANGKOK RAM BHUM 5H 57? 27/7 MRU BHUM ~"mN~ Fri 23/7 Won ~2t/7 GURU BHUM 200S 24/7 20/7 DRAGON SMTOSA 45N Fri 23/7 Ty« 27/7 THANA BHUM 40S 21/7 30/7 NRNIA IHM 151N S»l 24/7 W»d 20/7 NANA BHUM 575 555 -&1 XETHA BHUM 08N 00m 28/7 Fri 30/7
      1,205 words
    • 359 37 pi DONGN AM A LINE 1 i kssi src n uk k n lU.SCAS V3OM 1/1 2/1 4/1 15/1 It I WUT9R GLORT V3OW 7/1 9/1 11/* 12/1 22/1 25/1 HONaOK CURT V3HN 15/« IC/S 11/ l 29/1 1/9 KM nm 21/1 23/1 25/1 29/1 5/9 1/9 WOUND THK AHA
      359 words

  • Page 38 Advertisements
    • 1579 38 A4RMN CONTAINER LINES I I ~N~/\*V"l A fl en MAC-NELS SPORE: *****22 (24 LINES) 1 J\/ Jr./n No; **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TUE/THUR/SAT PEN PK SIN 22/7
      1,579 words
    • 180 38 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD lit EM EIA STORE ran KELMS PENMK BLUE MOE mi Loading (w Mate BUVN HUM) 1/1 Loading toe C*vtU DOLMI 29/7 loading For Mai* mm suns me n loading For Mate UMCEDH SAILED Loading roc Male frocks unn 30/7 Loading tor
      180 words
    • 852 38 THONG SOON UNES PTE. LTD.] 78 SHENTON NAY #10-01. SMGAPORE 0207 TEL: *****08 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UNfc 2279 m WY STORE DCST VESSEL WT STORE PEST EQUATOR 111 95/3E 26 JUL KUCHING EQUATOR GRACE 93/3E 24 JUL SIBU EQUATOR
      852 words

  • Page 39 Advertisements
    • 801 39 WS\ EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULX SOC CARGOES TO FROM KOBE. YOKOHAMA HAGOYA. MOI. TOM TO*. MANIA'. DAVAO* Penanj" P. Kelanj Srjapore E'Msia* SHAPIAEVERETT VI6E 25/25 Jul 26/26 Jul IVYEVERETT VSE 27/2S Jul 29/30 Jul KAMALEVERETT VI7E 23/24 Au| 25/26 Au| ACCEPTMG BREAKBULX FCL SOC CARGOES
      801 words
    • 349 39 IS* GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VH 25/7 27/7 28/7 7/8 TIMBER TRADER V 13/7 19/7 SP PKL HCM HK KAO GLORY SELATAN 23/7 29/7 4/S 5/8
      349 words
    • 620 39 PCSI WORIDWIOE MMW -ClOtE STHNCTS UMES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU 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 SOUTHERN
      620 words
    • 514 39 lLuuiai»Mliia FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN DURBAN P ELIZABETH SIN FUYUSHAN V4B/47 04/08 30/08 23/ OB 11/09 FENG SHUN SHAN V 47/48 19/08 05/09 OB 09 26/09 FENGANSMAN V 124 04/09 20/09 23/09 11/ JO ALSO ACCEPTING TO JOHANNESaURQ PRETORIA VIA OUNBAN aOOKINO AGENT FOR COSCO
      514 words
    • 308 39 SIN FAI EAST 27/7 KEELUNG/KAOHSIUNG 31/7 BANGKOK 26/7 MANHA/CEBU 25/7 JAKARTA/BELAWAN/SURABAYA 26/7 PORT KELANG/PENANG/E. MALAYSIA 25/7 BUSAN 25/7 TOKYO/YOKO/KOBE/NGO/OSA 25/7 HONG KONG SIM CHfNA 25/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAL lAN SHANGHAI XINGANG Tl AN JIN /QINGDAO HAIKOU also accepting LCL cargo SjN EUROPE/UK 26/7 LDN/FLX/LVP/SOU 26/7 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to
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    • 731 40 HONG KON6/CHINA 26/7 2/8 JAKARTA 30/7 BANGKOK 28/7 31/7 MANILA 30/7 BUSAN 26/7 2/8 KEELUNG 28/7 A 4/8 TOKYO/KOBE 23/7 30/7 KAOSHIUNG 26/7 A 2/8 POBT KELANS/PENANG 23/7 30/7 YOKOHAMA 30/7 A 6/8 COLOMBO 28/7 A 3/8 FELIXSTOWE/HAMBURG 30/7 A 8/8 CHITTAGONG/MAOBAS 26/7 A 2/8 ROTTERDAM/LE HARVE/ANTWERP 30/7 A 8/8
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    • 376 40 Con term O CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26TH JULY ACCEPTING TO ALL NEW ZEALAND PORTS PEHAHG 29 JULY PORT KELANG 29 JULY JAKARTA 25 JULY BANGKOK 31 JULY SURABAYA 27 JULY FREMANTLE 27 JULY MELBOURNE 29 JULY SYDNEY 29 JULY BRISBANE 15 AUG GOTHENBURG 31 JULY •ACCEPTING TO
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    • 727 40 Next Week's Sailings Singapore To: eTd To: ETD "^siaawaiss? Singapore Singapore ISO 9002 bv lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI mi jj EVERY EVERY KSBJ Colombo TUE Limassol THUR LJg-Jl MTERNATIONAL SEA FREIGHT FORWARDMG Tel: Fax: simmm*. AND LOGBTKS SERVICES |f
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    • 1169 41 riCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND ?oif» VOY BUENOS MONTEVIOCOI DURBAN fsMQAPOnE IHONG KOMOI KASHaNA/ Yokohama' «S«LS AWES KOOOSHaWA N. KRUTSKAYA EDO! 2Q-2S/07 28-27/07 09-10/08 23/08 27/08 01-08/09 08/09 WitM* EBO2 20-28/08 28-27/08 09-10/09 23/09 27/09 01-08/10 07/10 O«A«mST EBO3 18 23/09 24-25/09 07-08/10 21/10 25/10 29/10-01/11 05/11 TBN 4 TRANSHIPMENT
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  • Page 41 Miscellaneous
    • 630 41 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 29 3.3 3.2 2.9 2.3 1.5 0.9 0.5 0.3 0.3 0.6 1.2 2.0 2.5 2.6 2.6 2.3 1.7 1.2 0.1
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  • Page 42 Advertisements
    • 388 42 NORTH PHILIPPINES FULL CONTAINER SERVCE VESSa VOYAGE SHGAPORE MANM.A VIGOUR SWGMORE 58NB 23/07/93 31/07/93 "w'JJJ,"J™ f VIGOUR SINGAPORE SSANB 26/07/93 31/07/93 VIGOUR PACFtC 2m 30/07/93 07/08/93 VIGOUR PACFIC 23ANB 02/M/93 07/08/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLAHG PEWAWG MAJMNA MAS 9393N8 22/07/93 24/07/93 VIGOUR SINGAPORE SSNB
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    • 733 42 @APPENSHIP HAMBURG [T\J CONVENTIONAL ft INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAUNG PORTS DISCHARGE LOADMG FOR KAPITAN FOMENKO ANT W SLD SPORE 10/8 YOROAN LUTIBROSKI PORT SAID SPORE 2/8 HARMONY SEA HAMBURG SPORE. BKK FLAG LEADER ANTW SLO SPORE. SHANGHAI KOALA CONTAINER LINE y&m
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    • 344 42 ■&.COSCO UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CMWU CONVENTIONAL OERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/08 18/08 Huangpu/Guangzhou COSCO FULL CONTAINER SERVICE g (FCL/FCLI EXPORT TO: i CHMA/BANGK OK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer
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  • Page 43 Advertisements
    • 1018 43 I A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VQT 1 PW I PKt I PCD I VESSELS VOY SIN HTM MT* LEH* HAM BKLj FEt NORASIA MALACCA 9324 A 20/07 21/07 22/07 00CI CHARISMA 306* 26/07 13/08 13/ M 14/08 15/01 15/08 17/08 MM ADVANCE 23A 27/07
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    • 490 43 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS MBOMMD VISSELS nsai vsv 9 n we u SEII AMI 13 11/1 n/1 am vomw in/?- suu AAEisa 7» n/i nn IRAK A>T« S4 27/7 H/7 M fIMS 2 11/7 FAR EAST EURESS 2 21/7 2/R TAMK Ml II S/4
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    • 936 43 JEDDAH/UK/CONTNENT ISTORE |K0 STON HUM ROAM LB! '«w Accept** C*ro f* RITAMO 24/121 2S/7 1/1 12/1 IS/1 17/1 11/1 Southnrptor :ti<l UK Antautwi. Bcßnt art D«Mr RATSURAS 14/129 24/7 14/1 17/* 19/1 Rotterdam :ti M Anteop. Amtci dim. (Ml, Hdariu ESSEN ItfRESS 41/129 11/7 9/4 14/4 21/4 23/4 2S/4 iMS—jtw
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  • Page 44 Advertisements
    • 68 44 fin NVE STMENTI Tomorrow in Business Times EB M.V. "EASTERN PEARL" VOY.I Arrived 17th July 1993 Consignees of all damaged cargoes a the captioned vessel are hereby notified that a general survey will be held oo the 26th July 1993 0900 1200 houn at FT 10. No further survey will
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    • 44 44 INVESTMENT Tomorrow in Business Times Hie best Business Class to Europe? Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
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