The Business Times, 31 August 1993

Microfilm: NL18960
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Tuesday August 31 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon GPA expected to sign rescue deal with GE
      82 1 Reuter NEW YORK Debt-laden GPA Group pic, the world's largest aircraft-leasing firm, may sign a financing deal with General Electric Co by today that could save GPA from collapse, a GPA spokesman said yesterday. General Electrical Capital Corp, the US industrial giant's
      Reuter  -  82 words
    • Article
      Lock icon Russian PM sets Sakhalin deadline
      62 1 Reuter HOUSTON Russian Prime Minister Viktor Chernomyrdin yesterday told members of a consortium seeking to develop offshore fields near the Sakhalin Islands in east Russia that he had set a deadline to complete negotiations by year-end. Consortium members have been seeking to finalise negotiations to
      Reuter  -  62 words
  • Article, Illustration
    MARKET SUMMARY
    102 1 Stack Market indices Moaday Ckaage Sill 1,995.10 -12.82 KLSE Composite closed Nikkei 20,912.69 +121.01 Hang Seng dosed SET Index 962.47 -0.06 Jakarta Composite ...dosed CLSA China B unav Aust All Ord 1,956.0 +7.4 FTSE 100 dosed Moada; Pititwi Ipai dose Dow Jones —3,651.53 3,640.63 Exchange rates USS S$
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  • Article
    STII slips below 2,000
    68 1 SINGAPORE Share prices closcd lower yesterday in the absence of institutional buying due to a bank holiday in London and Hongkong. The Straits Times Industrials Index slipped 12.82 points to below the 2,000-mark, closing at 1,995.10. Dealers were unperturbed, as a large part of the drop
    68 words
  • Article, Illustration
    Bugis area to be Singapore's new retail, tourist zone
    735 1  -  By Lilian Ang, A J Leow SINGAPORE The government yesterday released a proposed "development guide plan" which will transform the Bugis area into Singapore's next prime retail and tourist belt, and add more hotels to Bencoolen Street. The plan, which covers
    735 words
  • Article
    S-E Asia alive to 21st Century economic challenge: BG Lee
    474 1  -  By Yong Pow Ang SINGAPORE Governments in South-east Asia are "alive to the challenge" they face how to sustain their countries' economic success in the vastly changed environment of the 21st century. Deputy Prime Minister Lee Hsien Loong said last
    474 words
  • Article, Illustration
    Jackson collapses, show postponed
    189 1 SINGAPORE Pop superstar Michael Jackson collapsed just as he was about to go on stage last night for his second show here. The crowd of nearly 50,000 roared in dismay when, an hour past the scheduled starting time, it was announced that Jackson had been taken
    189 words
  • Article
    S'pore banks must in future raise minimum capital further
    521 1  -  By Quak Hiang Whai SINGAPORE The government will require Singaporeincorporated banks to raise their capital further in the future, but a minimum of $800 million is considered adequate at present. Finance Minister Richard llu made the point in Parliament yesterday when
    521 words
  • Article
    Lock icon Most House Democrats oppose Nafta
    211 1 AP WASHINGTON A key Democrat leader has warned that a big majority of House Democrats oppose the North American Free Trade Agreement (Nafta) with Mexico and Canada. "Up to two-thirds to maybe 75 per cent of the Democratic caucus in the House is opposed to
    AP  -  211 words
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      135 1 (with Panorama ano Quartz date) Nikon Camara Centra Max Photo I #08-10 Cantrepoint Tel: *****48 *****68 CONTENTS S>!T News 2 9.10 Regional News 3.43 Finned 13 World News 8 Features Mirtifti Analysis 25 OA/RISE. SES 17.18 [Moral 24 Ret»nal 15 Sports 19 Wort! 15 IV/litetyte 21 Currencies 13 Property 27,23
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      11 1 Property: Pg 22,23 Room for more budget hotels See Page 18
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      22 1 Hock Lock Siew: Pg 9 Resuscitated M'sian companies Teng Cheong resigns as NTUC chief, Boon Heng invited to step in, Pg 2
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      3 1 See Page 21
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      87 1 The Bottom Line: faz* Pg s 1-* Asian investors in xpt jn the red pp/\nr PTV 9 A special supplement lllWl Lltl I J fwwWhywßTtody If your supplement is missing from your BT, call SPH Circulation Customer Service on 1800-*****77 Noble-Elegant-Water resistant The new Cartier Boutique is now open at
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      55 1 Il I ll Introducing the World's Smallest, Lightest Camera The All JHfIEE) New NikonW^H| AFcX qd The World's Finest J/L Photographic System j -^s*- Nikon Camera Caatre Super PMa I #03-26 Orchard Point Tat *****81 *****16 MORE PARLIAMENT REPORTS, Page 2 Boost for insurance industry Singapore versus English law Additional
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon The changing image of pawnshops
        307 2  -  By Paul Leo IF THE pawnbroking figures for the first five months of the year are anything to go by, the clients of these traditional lenders of last resort are changing. Business started low in January, when the 60 or so pawnshops gave a total
        Source: Registry of Pawnbrokers  -  307 words
    • Article
      Three more companies join NPB's franchise programme
      324 2 THREE new franchises have joined the National Productivity Board's franchise programme. They are in the furniture and home furnishings, books and stationery, and bakery and confectionery industries. And they bring to 13 the number of local franchises in eight different trades assisted by
      324 words
    • NEWS ROUNDUP
      • Article
        Congratulatory messages for Malaysia
        59 2 PRESIDENT Wee Kim Wee has conveyed the government's good wishes to the King, government and people of Malaysia on the country's National Day. Similarly, Prime Minister Goh Chok Tong extended his good wishes to his counterpart, Mahathir Mohamad, and Foreign Affairs Minister Wong Kan Seng conveyed
        59 words
      • Article
        NTU project for Ethiopian children
        55 2 THE Welfare Services Club of the Nanyang Technological University will organise a project to raise $50,000 for children in Ethiopia. The one-day project, on Sep 12, will raise money for water, health and sanitation programmes. The public has been asked to prepare newspapers and unwanted
        55 words
      • Article
        Go regional, builders told
        120 2 LOCAL property and construction companies have to go regional because of Singapore's small size, a senior government official said yesterday. Speaking at a seminar on "Charting New Directions in the Real Estate and Construction Industry", Senior Parliamentary Secretary at the Ministry of National Development, Lee Yiok
        120 words
      • Article
        Telecom ties up with Abacus
        83 2 SINGAPORE Telecom and Abacus Travel Systems yesterday signed a service provider agreement under which Abacus subscribers will be able to obtain information on international flight schedules and airline seat availability by tuning in to Teleview. Users who wish to tap into the Abacus service will
        83 words
    • Article
      Insurance industry to get boost in financial strength
      357 2 Yesterday in Parliament Amended Bill covers appointment of actuaries, maintenance of 2 funds CHANGES in legislation to beef up the financial strength of Singapore's insurance industry are spelled out in an amendment Bill tabled in Parliament yesterday. The Bill's main features cover:
      357 words
    • Article, Illustration
      Lock icon CPF members who qualify will get $200 on Sep 11
      349 2 THE Singapore government will pay on Sep 11 a cash grant of $200 to all Central Provident Fund members who qualify under the share ownership top-up scheme. The CPF Board said yesterday that members who had contributed less than the
      Picture by Chris Loh  -  349 words
    • Article
      Additional tax breaks for finance houses, R&D work
      216 2 TAX breaks have been extended under the Income Tax (Amendment) Bill passed yesterday to encourage approved financial activities and technology transfer. The double tax deduction given to finance houses for setting up and developing approved activities now also covers the expense of
      216 words
    • Article
      Market must decide need for another newspaper group
      257 2  -  Reports by Soh Tiang Keng, Ramesh Divyanathan, Magdalene Ng, Chuang Peck Ming,Anna Teo THE market will have to decide if there should be another newspaper group in Singapore, says the Minister of State for Information and the Arts, Ker Sin Tze. Similarly,
      257 words
    • Article, Illustration
      Teng Cheong resigns as NTUC chief, Lim Boon Heng invited to take his place
      448 2  -  By Anna Teo PRESIDENT-ELECT Ong Teng Cheong yesterday resigned as secretary-general of the National Trades Union Congress. The resignation takes effect tomorrow, when Mr Ong is due to take office as Singapore's fifth President. The NTUC
      448 words
    • Article
      Application of English law in S'pore clarified
      375 2 A LAW will soon be passed to clarify the application of English law in Singapore. The Application of English Law Bill 1993, which was read in Parliament for the first time yesterday, seeks to eliminate confusion over which English laws apply. Currently, Section
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    • PARLIAMENT BRIEFS
      • Article
        No decision yet on Chiam's status
        145 2 SPEAKER Tan Soo Khoon will not ask Parliament to make a decision on Chiam See Tong's status as a Member of Parliament until the controversy surrounding his sacking from the Singapore Democratic Party has been resolved. Mr Tan said at the start of proceedings
        145 words
      • Article
        Death mandatory for armed criminals
        70 2 THE Arms Offences (Amendment) Bill, passed yesterday, makes the death sentence mandatory for those who use arms to commit a crime. Until now, the death sentence was handed down only if it was proved that there was intention to hurt anyone. The Bill passed yesterday
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      • Article
        Public tender for Punggol boatel
        85 2 THE Urban Redevelopment Authority has identified a marina site at Punggol, and will call a public tender for "boatel" operators later this year. The Minister of State (National Development), Lim Hng Kiang, said this yesterday in reply to a question from Potong Pasir MP Chiam
        85 words
      • Article
        New Bills on traffic, parking
        52 2 BESIDES the Application of English Law Bill and Insurance (Amendment) Bill, three other Bills were tabled yesterday. Two are Bills to amend the Road Traffic Act and the Parking Places Act to regulate the parking of heavy vehicles. The third is the Probation of Offenders
        52 words
      • Article
        Inquiry into MRT collision
        60 2 THE three-member panel inquiring into the Mass Rapid Transit train collision on Aug 5 expects to complete its job in a month. Communications Minister Mah Bow Tan said yesterday. The panel, which started its investigations on Aug 10, will determine what caused the accident at the
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      • Article
        Using CPF savings to buy land
        79 2 INDIVIDUALS can use their Central Provident Fund savings to buy land and build houses, under the CPF (Amendment) Bill passed yesterday. But the savings can be withdrawn only after the land has been bought, construction completed and a temporary occupation permit obtained, Labour Minister
        79 words
    • Article
      Demand for JTC space and land in second quarter remains firm
      310 2 DEMAND for industrial space stayed firm in the second quarter this year, says Jurong Town Corporation. Local companies took up more space and less space was given up. JTC said yesterday that demand for its flatted factory space rose
      310 words
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  • THE REGION
    • Article
      Lock icon US wants new ties with Viets based on trade: senator
      565 3 More congressional teams going to Hanoi as embargo deadline nears AFP HANOI The United States is seeking a new relationship with Vietnam based on economic cooperation, a US senator said here yesterday, as two more US diplomats flew in to
      AFP  -  565 words
    • Article
      Lock icon Doubts linger over who is behind attacks in southern Thailand
      519 3 AFP BANGKOK Thai leaders continued to differ yesterday on responsibility for a spate of violent attacks in the Muslimdominated deep south which has so far claimed four lives and left dozens wounded. The army insisted radical Muslim separatists were behind
      AFP  -  519 words
    • Article
      Lock icon KL may lease aircraft to speed up mail delivery
      194 3 Bernama IPOH Pos Malaysia Berhad will dccide in a month's time on leasing an aircraft to speed up mail delivery, particularly to rural and remote areas. Energy, Telecommunication and Posts Minister S Samy Vellu said three airlines Malaysia Airlines (MAS), Berjaya
      Bernama  -  194 words
    • Article
      Lock icon Manila to spin off Petron's properties before privatisation
      182 3 Reuter MANILA State-owned Philippine National Oil Company (PNOC) plans to spin off real estate assets of Petron Corp, its subsidiary, before the unit is privatised. Finance Undersecretary Romeo Bernardo said yesterday that the assets would be separated from Petron before its sale
      Reuter  -  182 words
    • Article
      Lock icon Talks with Hanoi ended on positive note: China
      160 3 AP BEIJING China said yesterday its first ministerial-level border talks with Vietnam ended on a positive note, but officials remained tight-lipped on the details. The official Xinhua News Agency quoted Chinese Foreign Minister Qian Qichen as saying a peaceful and steady boundary
      AP  -  160 words
    • Article, Illustration
      Lock icon ADB urges China, Thailand, Myanmar, Indochina to cooperate
      414 3 AFP, Reuter MANILA The Asian Development Bank (ADB) yesterday urged greater economic cooperation among China, Thailand, Myanmar and the three Indochinese countries to help ease tensions and promote progress. ADB president Kimimasa Tarumizu, opening a conference on "subregional cooperation", said the meeting
      AFP,; Reuter  -  414 words
    • Article
      Lock icon Taiwan raps China document opposing its UN bid
      474 4 AFP TAIPEI Taiwan said yesterday a White Paper to be released by China on problems facing Taiwan would impede the development of relations between Taipei and Beijing. "Its opposition to our bid to rejoin the United Nations will only obstruct further development
      AFP  -  474 words
    • Article
      Lock icon S Korea to cancel rest of aid package to Russia
      263 4 AFP SEOUL South Korea will cancel US$l.43 billion (552.3 billion) in promised aid to Russia and reschedule debt and interest repayment on US$l.57 billion already disbursed, a top official said yesterday. Vice-Foreign Minister Hong Soon Young said the decision to
      AFP  -  263 words
    • Article
      Lock icon Muslims in north China protest against book
      325 4 AP BEIJING Muslims across northern China have protested against the publication of a book they say offends Islam, and are demanding the death penalty for the authors, say witnesses. Officials speaking on condition of anonymity in Beijing and Chengdu, the capital of Sichuan,
      AP  -  325 words
    • Article
      Lock icon US may call off nuclear talks with N Korea
      370 4 AFP SEOUL Plans to hold a third round of high-level USNorth Korean nuclear talks next month in Geneva may be scuttled if the communist North does not first resume dialogue with South Korea, Seoul and US officials said yesterday. Chang Chae
      AFP  -  370 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon Mate to order
        37 4 Reuter LAOAG, the Philippines A farmer driving his pig around the town in northern Philippines last Friday in search of business. He rents out the boar for mating at 400 pesos (Ss23) a time.
        Reuter  -  37 words
      • Article
        Lock icon Editor gets life for selling state secrets
        99 4 AP BEIJING A Chinese journalist was sentenced yesterday to life in prison for selling state secrets to a Hongkong reporter. The document in question was a copy of Communist Party general secretary Jiang Zemin's speech to a major party meeting. The copy was
        AP  -  99 words
      • Article
        Lock icon ADB hopes to resume Vietnam loans
        75 4 Reuter MANILA Asian Development Bank officials said yesterday they hoped to resume lending to Vietnam by the last quarter of the year but had to wait for the US to lift a 29-year-old economic embargo. The Manila-based bank had planned several infrastructure projects in
        Reuter  -  75 words
      • Article
        Lock icon Taipei current account surplus slips
        96 4 Reuter TAIPEI Taiwan's current account surplus, the broadest measure of trade in goods and services, fell to US$l.36 billion (552.2 billion) in the second quarter of 1993 from US$l.7B billion a year earlier, the central bank said yesterday. In the first half of 1993, the
        Reuter  -  96 words
    • Article
      Lock icon Australia's current account deficit narrows by A$390m
      558 5 AFP SYDNEY The current account deficit narrowed by AS39O million (SS4IB million) last month as Australia recorded its first trade surplus sin<x February, the Bureau of Statistics reported yesterday. The result outshone data showing that foreign debt rose by 7.5 per cent to
      AFP  -  558 words
    • Article
      Lock icon NZ considering new laws to fight money laundering
      141 5 AFP WELLINGTON New Zealand is considering new laws to fight criminal "money laundering" through New Zealand financial institutions, Justice Minister Doug Graham said yesterday. Legislation could be introduced to require institutions to identify their customers, keep special records and report transactions giving
      AFP  -  141 words
    • Article
      Lock icon Canberra ready to drop hike in leaded petrol tax from budget
      185 5 Bloomberg Business News SYDNEY The Australian government will capitulate on several contentious items in its new budget to appease the labour movement and swing votes on the budget in the Senate, Australian newspapers reported yesterday. The Sydney Morning Herald
      Bloomberg Business News  -  185 words
    • Article, Illustration
      Lock icon Strikers agree to redundancy deal
      42 5 Reuter SYDNEY Striking brewery workers maintain a vigil outside the Tooheys Auburn plant yesterday, before ending a 12-day picket line. The strike ended after SO workers agreed to accept a redundancy deal, joining another 160 workers. Renter
      Reuter  -  42 words
    • Article
      Lock icon Japan, S Korea agree to expand bilateral trade
      374 5 AFP SEOUL Japan and South Korea yesterday made little progress in settling trade disputes but launched efforts for fresh economic cooperation between the neighbouring countries, officials said. Meanwhile, Japanese Prime Minister Morihiro Hosokawa stressed the importance of boosting Japanese-South Korean ties. "Enhancing
      AFP  -  374 words
    • Article
      Lock icon Indian parliament fails to resolve economic issues
      287 5 Reuter NEW DELHI India's parliament has just ended a turbulent session which brought the minority government to the brink of defeat, but deputies said on Sunday key economic issues were still unresolved. During the session, which ended on Saturday, Prime Minister PV Narasimha
      Reuter  -  287 words
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      124 3 SOON, SIA CARGO WILL FURTHER INCREASE ITS STRENGTH AROUND THE WORLD. ISTANBUL MOSCOW JOHANNESBURG SAN FRANCISCO NEW DELHI SIA Cargo will soon be even stronger. Already, our passenger and freighter services offer a total cargo capacity of 70 million tonne kilometres every week to 70 cities in 41 countries across
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      688 4 quality I from inkjet printer 1 also dries faster. Prrwlurt Revtew mmuHi > "THE hairlines are pencil fe 2£ r S, _«—> 1 •toin. the curves are smooth m>^hil>e sort op your) «S™ I favourite application and) fiEsj I iou& from a $6,000 laser print Period. j S" I Wrrtm-
      688 words
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      39 5 HHK|B|^^HHIH yj Singapore A Four Seasons Regent Hotel AUCKLAND.BANCKOK.BEVEHLY HILLS FIJI HONG KON C. JAKARTA KUALA LUMPUR LO NO ON. MELBOURNE. SINGAPORE. SYDNEY. TAIPEI. FOR MORE INFORMATION JUST CA I I 733 KK N H OR FAX 732 8838
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  • REGIONAL FOCUS
    • Article, Illustration
      Development of a stock market is Vietnam's priority
      1477 6  -  By Alex McKinnon Alex McKinnon is the general manager of the weekly newspaper, Vietnam Investment Review in Ho Chi Minh City. He contributed this article to Business Times HO CHI MINH CITY Ceiling fans in the offices of Vietnam's bureaucracy arc slowly
      1,477 words
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      188 6 An air-conditioning system that tenants can control to suit specific needs even after flushed-floor trunking data communications, r* 1 1 Caltex House Completion Due October 199) heart or history, and directly linked to Raffles Place MRT. o- o The most magnificent building the Central. Business District almost complete This the
      188 words
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      345 7 NOT EVEN NATURE'S BEST COLOUR COPIERS CAN MATCH CANON. '-■J® J Br i B *—9 B <" %q|V a. I —-glifl 100)***** \B H Sm B%Si I Visual Processor Even Nature's own colour experts find it hard to keep up with the letters or even brochures. And yet this versatile
      345 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Soviets not guilty in KAL crash: Moscow
        132 8 Reuter MOSCOW A Russian state commission investigating the shooting down of a South Korean airliner over Soviet airspace 10 years ago has concluded that the Soviet Union was not to blame, officials said yesterday. "It turns out that the Soviet Union bears no
        Reuter  -  132 words
      • Article
        Lock icon US troops arrest aid workers wrongly
        103 8 Reuter MOGADISHU Elite US troops stormed two Mogadishu aid compounds and detained foreign UN staff early yesterday in a bungled attempt to hit back at fugitive warlord Mohamed Farah Aideed. Crack American Rangers snaked down ropes after US attack helicopters swooped low over buildings
        Reuter  -  103 words
      • Article
        Lock icon US machine tool orders fell in July
        131 8 Reuter WASHINGTON US machine tool orders fell for the third month in a row in July, down 20.1 per cent to U*****.75 million from a revised U*****.70 million in June, the Association for Manufacturing Technology (AMT) said. However, July orders were up 22.1
        Reuter  -  131 words
      • Article
        Lock icon Troops to leave Lithuania on schedule
        85 8 AFP VILNIUS Russian President Boris Yeltsin has promised that Russian troops will leave Lithuania on schedule, withdrawing a threat to halt the pullout, the Lithuanian president announced yesterday. Speaking on Vilnius radio, President Algirdas Brazauskas said, "There will be a farewell ceremony today" for
        AFP  -  85 words
    • Article
      Lock icon Clinton calls for new start over economy
      406 8 Reuter WASHINGTON President Bill Clinton yesterday urged Americans to join him in a "new beginning" aimed at finding different ways to restore the economy by tackling such chronic problems as healthcare costs. During an address to several hundred religious leaders invited to the
      Reuter  -  406 words
    • Article
      Lock icon London banks compete for traders with the Midas touch
      555 8 Reuter LONDON The dizzying rise in business on London's financial markets since sterling quit the European Exchange Rate Mechanism (ERM) has created a jobs bonanza with banks competing to recruit the best talent and traders anticipating fat bonuses. Ever since financier
      Reuter  -  555 words
    • Article
      Lock icon New French law delays retirement age
      300 8 Reuter PARIS French baby-boom-ers, a generation imbued with the fun-first, work-later ethics of the *****, will face a raw deal on retirement. Under new pension laws quietly enacted last weekend, and to come into effect on Jan 1, people born after 1948 will have
      Reuter  -  300 words
    • Article
      Lock icon Pace of hiring in US will slow in last quarter: survey
      423 8 Reuter CHICAGO The pace of hiring will slow slightly in the fourth quarter from the JulySeptember period and layoffs will increase, according to a survey released on Sunday by employment firm Manpower Inc. In a poll of 15,000 companies,
      Reuter  -  423 words
    • Article, Illustration
      Lock icon Sealed with a kiss
      57 8 Reuter MOSTAR, Bosnia-Herzegovina A boy kisses the grave of his father in the Muslim sector of Mostar last Thursday. Civilian drivers of a UN aid convoy were allowed to leave three days after entering with 300 tonnes of food and medicine, but UN troops which escorted
      Reuter  -  57 words
    • Article
      Lock icon Bush's sons, staff seeking Kuwait deals: report
      309 8 Reuter NEW YORK Former US President George Bush's sons and some of his administration aides are actively seeking contracts in Kuwait, cashing in on the US involvement in the 1991 Gulf War, The New Yorker magazine reported. The magazine, in an article by
      Reuter  -  309 words
    • Article
      Lock icon Brain drain in Slovakia hits universities, research institutions
      545 8 Reuter BRATISLAVA Slovakia's universities and research institutions are losing their top talent to private business in a domestic brain drain caused by low pay and shrinking budgets. Some of the best and the brightest are dropping academic careers for sales jobs which
      Reuter  -  545 words
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  • COMPANIES & MARKETS
    • Article
      Tee Yih Jia aims to buy S'pore listed firm to expand in China
      453 9  -  By William Chia SINGAPORE Popiah skin maker Tee Yih Jia Manufacturing, which recently bought a brewery in China's Fujian province with listed Asia Pacific Breweries, is looking for a Singapore-listed company to help expand its China business.
      453 words
    • Article, Illustration
      Lock icon SBS buys 200 air-con double-decker buses
      479 9  -  By Dexter Lee SINGAPORE Singapore Bus Service has bought 200 air-conditioned double-decker buses for $69.6 million in a move that will boost its flagging bottom line. This is the first time that SBS has bought air-condi-tioned double-deckers, which will replace older non-air-conditioned ones as
      Photo by Chris Loh  -  479 words
    • Article
      The stuff that resuscitated M'sian companies are made of
      768 9  -  HOCK LOCK SIEW By Joyce Quek SINGAPORE There is a long list of Malaysian companies that were once moribund but have since been resuscitated with life-giving assets or business connections Aokam Perdana, Far East Assets, General Lumber, Kumpulan Emas, La rut,
      768 words
    • Article
      CSA blames lower income, higher costs for fall in profit
      267 9  -  By Teh Hooi Ling SINGAPORE Lower investment income and start-up costs of new operations caused CSA Holdings' group pre-tax profit to fall 4.3 per cent to $4.14 million for the six months ended June 30, 1993. However, lower taxes resulted
      267 words
    • Article
      Shakey's losses cause of Provisions Suppliers' flat interim results
      281 9 SINGAPORE Provisions Suppliers Corporation Ltd (PSC) announced flat interim results for the first six months of the year yesterday. Best known for its franchise of 18S Econ Minimart outlets throughout Singapore, PSC said its first half results had' been affected by
      281 words
    • Article
      Yeo Hiap Seng buys HK firm Ranko Way
      126 9 SINGAPORE Yeo Hiap Seng Ltd (YHS) has bought a Hongkong company, Ranko Way, for an undisclosed sum. YHS told the Stock Exchange of Singapore yesterday that Ranko had in turn signed a deal with another Hongkongbased firm, Genright Investment, to buy two
      126 words
    • Article, Illustration
      Lock icon SUMMARY
      287 9 Source: Bridge Info Performance of STII's Index stocks Aug 30 Last Snv Met L 9(OCft sale (actor ■WW* Avimo 1 980 -0.030 1.41 3.31 CAC 7 500 5.34 Cereboi 6.030 -0.050 4.31 5.52 FAN 14 800 10.53 GF Asu 3.040 0.070 2.16 •7.7J GenMag 1 350 0.96 Haw Par
      Source: Bridge Info  -  287 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Canon's interim profit tumbles
          56 10 UPI TOKYO Camera maker Canon Inc announced yesterday its consolidated net profit for the first half of fiscal 1993 tumbled 57.1 per cent to 9.78 billion yen (Sslso million) from the same period a year earlier. It attributed the drop to the yen's appreciation and stagnant
          UPI  -  56 words
        • Article
          Lock icon Formosa considers big bond issue
          55 10 Reuter TAIPEI Taiwan's Formosa Plastics group said it was considering the possibility of making a large issue of corporate bonds to increase the paid-in capital of group member Formosa Petrochemical Co Ltd. The company needs to raise its capital to NTS 49 billion (552.9 billion)
          Reuter  -  55 words
        • Article
          Citicorp to advise HTP
          63 10 SINGAPORE Main board-listed HTP Holdings Ltd said that it has received a takeover offer for its shares by Jakeplan Holdings Ltd. The offer was made through DBS Bank. HTP said it has appointed Citicorp Investment Bank (Singapore) Ltd as its adviser on the offer. It also
          63 words
        • Article
          Cash offer for Tonhow shares closed
          66 10 SINGAPORE The unconditional cash offer for Sesdaq-listed Tonhow shares by Crandeur Holdings Pte Ltd closed yesterday. Crandeur's merchant banker Morgan Grenfell (Asia) Ltd announced that Crandeur has acquired 14.9 per cent or 1.31 million Tonhow shares. This means that Crandeur and Henswin Ltd, the
          66 words
      • Article
        Lock icon HK's Allied forms joint ventures with Jilin in China
        163 10 AFP HONGKONG Allied Industries International Ltd said yesterday it had reached an agreement with China's Jilin Chemical Industrial Corp to form three chemical-making joint ventures. Allied Industries, a subsidiary of Lee Ming Tee's Allied Group, said the three ventures would respectively
        AFP  -  163 words
      • Article, Illustration
        Lock icon Matsushita claims flat-TV technology breakthrough
        497 10 Reuter TOKYO Japan's Matsushita Electric Industrial Co unveiled a briefcase-shaped television screen yesterday that it hopes will revolutionise television. It said mass production would reduce its price to less than twice that of present TV tubes. The new screen makes it possible to build a
        Reuter  -  497 words
      • Article, Illustration
        Lock icon TNT's founder, four directors quit over company strategy
        282 10 Reuter SYDNEY Australian transport pioneer Sir Peter Abeles yesterday severed his ties with TNT Ltd, the company he built up from a two-truck operation in 1949 into a global transport empire. Sir Peter and four other directors resigned after the TNT board
        Reuter  -  282 words
      • Article
        Lock icon BIL chief denies rumours of large asset sale
        241 10 Reuter WELLINGTON Brierley Investments Ltd chief executive officer Paul Collins has said speculation that the company is about to announce a large asset sale was unfounded. "There's no foundation to any of these things at all," he told Reuters. "Just around this
        Reuter  -  241 words
      • Article
        Inno-Pac cuts par value of shares, slashing its capital to $11.7m
        200 10 SINGAPORE Troubled trading and fast-food company Inno-Pacific Holdings has reduced the par value of its 58.48 million shares from 1.00 to 20 cents each. This effectively reduces the company's issued and paid-up capital from 558.48 million to $11.70 million.
        200 words
      • Article
        Untitled
        423 10 MaaagMV prtcM AugJi Insurance Fund Income Bood Policy 3.60 3.73 INNK inM The Comirerce 1.49 1.36 The Savav Fund 1.37 1.44 PruLink M®d Fund 1.22 1.29 S'pore Prog Fund 0.63 0.66 mm I turn lilt S"pore Sec Fund 0 101 id >*• S'pore Invest Fund 1.11 1.17 first B putra
        423 words
    • FINANCE
      • Article
        Kokusai Securities closes S'pore merchant banking unit
        320 11  -  By Quak Hiang Whai SINGAPORE The sluggish trading in Japan's stock market has taken its toll on another Japanese securities house here. Kokusai Securities, one of the largest Japanese broking houses after the Big Four, has decided to close its Singapore merchant banking
        320 words
      • Article
        Lock icon Yeltsin vetoes Russian law clamping down on foreign banks
        237 11 Reuter MOSCOW President Boris Yeltsin has vetoed a banking law threatening to clamp down on foreign banks in Russia, Interfax news agency said yesterday. Mr Yeltsin has sent the act, passed by parliament in July but yet to become law, back
        Reuter  -  237 words
      • Article
        Investors show keen interest in Schroder fund
        369 11  -  B* Magdalene Ng SINGAPORE Investors keen to invest in the booming South-east Asian markets jammed the hotline of Schroder Investment Management (S), which relaunched its highly successful South-east Asia Fund yesterday. A Schroder spokesman said calls came in non-stop from early morning. All
        369 words
      • Article
        ABN Amro earnings bolstered by strong growth in Asia-Pacific
        272 11  -  By R Sivanithy SINGAPORE Dutch banking giant ABN Amro yesterday reported a 17.8 per cent jump in worldwide earnings for the six months ended June 30, boosted by better-than-expected growth in its AsiaPacific business. The bank, ranked the largest in Holland
        272 words
      • Article
        Lock icon Thai swindler Chamoi freed from prison after 4 years
        160 11 AFP BANGKOK One of Thailand's most notorious swindlers, Chamoi Thipso, has been freed from prison after serving four years of a lengthy sentence for cheating thousands of people out of millions of dollars with an investment scam, an official said yesterday.
        AFP  -  160 words
      • Article
        Lock icon Citibank Thailand ups capital
        72 11 Bloomberg Business News BANGKOK Citibank in Thailand said it has increased registered capital by 350 million baht (5522.4 million), or 19 per cent, to 2.2 billion baht. "This reflects our long-term commitment to growing with Thailand's economy," Citibank manager David Hendrix said in a statement. "With
        Bloomberg Business News  -  72 words
      • Article
        Lock icon Daiichi Housing to offer new shares
        130 11 Reuter TOKYO Financially troubled Daiichi Housing Loan said it will offer 70.97 million shares to four designated companies to raise 22 billion yen for debt repayment. The offer price will be 310 yen per share, it said. Daiichi Housing's share price yesterday closed up
        Reuter  -  130 words
      • Article
        Lock icon Money market opens in Turkmeniya
        89 11 AFP MOSCOW Turkmeniya's first currency market opened on Saturday at Achkabad, enabling companies and banks to exchange US dollars, Ukrainian karbovanets, Russian rubles and currencies of other former Soviet republics, the ITAR-Tass news agency reported. Annadurdi Khadjiev, vice-president of the republic's central bank said that
        AFP  -  89 words
      • Article
        Lock icon Colombia to sell state banks
        129 11 Reuter CARTAGENA, Colombia The Colombian government plans to sell four state banks on the country's three stock markets to help improve liquidity, Finance Minister Rudolf Hommes said. "With state banks Banco de Colombia, Banco del Estado, (Banco Central Hipotecario) and Banco Popular, we're going to
        Reuter  -  129 words
      • Article
        Lock icon German economy has hit bottom: banks
        76 11 Reuter BONN The German association of saving banks (DSGV) said June data for capacity use, industrial production and incoming orders showed the country's economy had hit its bottom. But the DSGV said in a statement: "The economic performance of Germany will presumably decline 1.5
        Reuter  -  76 words
      • Article
        Merrill Lynch expects US$, yen to climb against European currencies
        674 11  -  Currency outlook From Neil Behrmann in LONDON OVER-EXPOSED international fund managers caused the slide of the dollar last week. A survey of Merrill Lynch shows that on Aug 24, 66 per cent of global fund managers held either heavy or
        674 words
      • Article
        Lock icon India's smallest finance firm to tap US$100m through Eurobond issue
        435 11 Reuter BOMBAY India's youngest and smallest financial institution will be the first to tap the international capital markets with a US$lOO million (Ssl6o million) bond issue, its chief executive said. SCICI Ltd was renamed from the Shipping Credit and Investment
        Reuter  -  435 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bundesbank concerned by distorted market reactions
        523 13 Attempts to second-guess bank's monetary decisions lead to volatility Reuter FRANKFURT The Bundesbank, often the butt of international criticism for its tough anti-inflationary policies, appears increasingly concerned by financial markets' attempts to second-guess its monetary decisions. Bankers and central bank officials say the massive
        Reuter  -  523 words
      • Article
        Lock icon Ashton Mining expects global diamond market to improve
        362 13 Bloomberg Business News MELBOURNE Australia's Ashton Mining Ltd reported steady net profit for the six months to June 30, despite a depressed diamond market and lower gold production. Ashton chief executive John Robinson said he thinks the diamond market globally has hit
        Bloomberg Business News  -  362 words
      • Article
        Lock icon NEW YORK
        276 13 Reuter NEW YORK The dollar shrugged off bearish numbers on new US home sales and second quarter trade to post moderate pins on the mark, but slipped on the yen in listless tAde yesterday. Dealers said the market was marking time for the more crucial revised gross domestic
        Reuter  -  276 words
      • Article
        Nymex crude retreats as traders see little impact from Nigerian strike
        400 13 Bloomberg ENERGY REPORT NEW YORK Crude oil futures on the New York Mercantile Exchange were trading lower yesterday as traders said a strike by Nigerian oil workers, which started last Friday night, didn't appear to have stopped oil exports.
        400 words
      • Article, Illustration
        Untitled
        103 13 THE US dollar traded mixed yesterday with many centres on holiday. Trading was quiet and basically confined to ranges. Over in the USS/SS market, SS was again in demand and the US$ moved slightly lower during the day. Local banks on the bid provided support. The USS moved slightly lower
        103 words
      • Article, Illustration
        Untitled
        1223 13 Tmk urifftirrf index cmktdmed ogtmut S'parr 'j lap 14 Mi« farmers. tmtrmr I9U US$/S$ farward rates Noon Aug 30 m M Ofer I-month ***** 1.6054 2Mk ***** 1.6051 1.6035 ***** 6-wMk 1.6022 I 6042 Soma: OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES Sifyore Mm t» oae wM ifSdpamMT Currencies Bid
        1,223 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end lower on profit-taking
        1437 14 SMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures drifted lower on a correction yesterday as traders took profit in the absence of fresh factors and a London market holiday. The market extended last Friday's technical correction to the downside, although the strength in US
        Reuter  -  1,437 words
      • Article
        S'pore rubber futures end higher
        633 14 COMMODITY REPORTS Tin SINGAPORE: RSSI rubber futures continued their advance at the end of the afternoon trade yesterday on tight supply situation and brokers expect the grade to stay firm. "Talks of on-going Russian enquiries and dwindling supplies from Malaysia will keep sentiment firm," said
        633 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Pakistanis seek to raise yarn prices
          98 14 TOKYO Pakistani spinners are attempting to raise prices to Japan this week, but Japanese traders say there is no demand to follow prices higher. "Pakistan is insisting to strongly maintain offers or raise them slightly.*' said one yam dealer in Osaka. "But we haven't
          98 words
        • Article
          Asian lead market oversupplied
          78 14 TOKYO Refined lead remains oversupplied in Asia, say industry sources, despite a recent tightening in US supplies and slightly firmer North American premiums. The North American supply/ demand balance is said to have tightened following disruption of operations at major producers Doe Run Co and Asarco.
          78 words
        • Article
          Mobil Philippines' moratorium ends
          84 14 MANILA Mobil Philippines Inc will resume selling petroleum products to local buyers in October after a 10-year absence from the domestic market, a company official said yesterday. Mold will sell waxes, asphalt and lubricants from October, but has no plans within the next S years to
          84 words
        • Article
          Pertamina storage tanks nearly full
          79 14 TOKYO Indonesian national oil company Pertamina has asked term crude customers to advance scheduled oil loadings, say sources at firms with term contracts for Indonesian crude. They said Pertamina made the request because its crude storage tanks at the Dumai terminal are nearly full. Buyers
          79 words
    • Article
      COMMODITY PRICES
      1650 14 Rubber Aug 30 HAS Ci— •dity Excfc tarn das lag at at lpai) IAS (physical irtcas) BSSlCaatract (S cents/kg) Bayars MUtn Close Volume Open As at 12 aaaa (s ccnivKg; Month High Low Sen (tonnes) Interest RSS 2 Sep 93 131.50 132.50N Sep 93 Oct Nov Dec 136.S0
      1,650 words
    • REGIONAL STOCK MARKETS
      • Article
        Austraia
        1018 15 +7.4 Shares ended a buoyant session off their highs yesterday but with the key indicator still well up on the day. Brokers said they had been expecting a breather from recent sturdy gains. Overseas buying was mainly US-based through the day but this petered out as the afternoon wore
        1,018 words
      • Article
        Mania
        545 15 +10.2S Share prices closed higher due to a technical rebound, largely fuelled by Philippine Long L>is- tance Telephone Co's (PLDT) rise on Wall Street last Friday, brokers said. The Manila Composite Index ended 10.28 points higher at 1,776.07 while Makati gained 6.12 points to 1,820.43. Combined turnover rose to
        545 words
      • Article
        Taipei
        508 15 -4.3 Taiwan stocks finished slightly down in very slow, quiet trade as most players stayed on the sidelines, lacking incentives to buy, brokers said. The index wavered in a 26point range before ending 4.30 points down at 3,923.45. Turnover was NT59.54 billion. Hopes for a further easing of monetary
        508 words
      • Article
        Seoul
        344 15 -17.7 A selling spree across the board pulled stocks sharply down as jittery investors indicated their lack of confidence and exited the market, brokers said. The index fell 17.70 points to close at 672.12. Brokers said the index would likely test the 650 level this week. A total of
        344 words
      • Article
        New Zealand
        269 15 •14.4 The NZSE-40 Capital Index closed weaker, dragged lower by falls in leaders Telecom, Carter Holt Harvey and Fletcher Challenge. Brierley, however, bucked the trend rising four cents to a year high of NZ$l.25 amid speculation of a large asset sale which was later denied by chief executive
        269 words
      • Article
        Bombay
        47 15 -35.17 Bombay shares fell in the absence of buying support from foreign institutional investors and light bourse attendance. The Bombay Stock Exchange 30-sharc index closed at 2,633.79, down 35.17 points from last Friday's close. The 100-share national index dropped 7.07 points to close at 1,242.69 points.
        47 words
    • WORLD STOCK MARKETS
      • Article
        Paris
        128 15 +21.79 French shares finished at a new record for the third session running yesterday after breaking through 2,200 on the CAC-40 index, although trade was sparse with London on holiday. Prospects of lower interest rates and economic recovery, the factors which have driven the bourse all this month, fueled
        128 words
      • Article
        Stockholm
        149 15 +1.71pc Swedish shares rose all through the day despite a rise in bond yields. At the close the undertone was still strong. The OMX-index was up 1.82 per cent at 1,008.13, while the blue-chip dominated top-16 rose 1.93 per cent to 1,352.80. The allshare index climbed 1.71 per cent
        149 words
      • Article
        Frankfurt
        161 15 +17.29 German shares ended 0.9 per cent higher on the back of solid gains for both Allianz and Daimler-Benz. But volume was generally low, partly because of a one-day holiday in London. The 30-share DAX Index rose 17.29 to 1,921.89. Frankfurt Aa JO DM 2J 1(4 70 -I JO
        161 words
      • Article
        Brussels
        146 15 -8.88 Belgian shares closed weaker in a despondent market hit by economic pessimism and tranquilised by London's closure for a public holiday. The Bel-20 Index of leading shares ended 8.88 points, or 0.68 per cent, down at 1,306.25 points on a lower than usual volume of 704 million francs
        146 words
      • Article
        Milan
        143 15 +2 Italian stocks rose for the fourth straight session, al- though there was little to drive trading with London markets closed for a bank holiday. The MIB Index closed up 2 points at 1,381, another record high. The index gained 8 points last Friday. Construction and cement stocks were
        143 words
      • Article
        Johannesburg
        305 15 1 A holiday in London and a static gold price resulted in little movement in South African shares, which finished mixed on the Johannesburg Stock Exchange. Most shares drifted easier on lack of interest, they said. The gold index sagged nine points to 1,705, while the JSE Industrial Index
        305 words
      • Article
        Toronto
        288 15 +5.3 Toronto stocks firmed up at midday yesterday with advancing gold and forest product stocks expected to move the market slowly ahead, dealers said. "The market is trending firmer, but with a certain amount of caution attached," one trader said. The TSE 300 Composite Index rose 5.30 points to
        288 words
      • Article
        New York
        751 15 +10.9 Wall Street stocks rose yesterday, boosted by a rebound in high technology stocks. At 1 pm EDT, the Dow Jones Industrial Average was up 10.90 points at 3,651.53. Volume reached a light 106 million shares on the New York Stock Exchange, where advancing issues Ted declines 10-to-7.
        751 words
      • Article
        Amsterdam
        259 15 +4.81 Dutch shares powered to record highs as new hopes of interest-rate cuts revived demand, pushing the EOE Index up 4.81 points or 1.34 per cent at 362.94, a new all-time high. Trade was thinner than usual with London on a one-day holiday, but dealers said business was better
        259 words
      • Article
        Zurich
        289 15 +1.03 Swiss shares closed a quiet day little changed. Volume was moderate as London-based operators were absent due to a British public holiday. The broad SPI Index closed 1.03 points higher at 1,568.28. The SMI Index of leading shares rose 2.5 to 2,481.0. Dealers said a major change in
        289 words
      • Article
        Untitled
        1113 15 London JU| fl ftmet A. A Corp Adr 29.100 unch Abbey National 405 44 -I 44 AIM Lyons 631 64 -I 24 Ant 94 VI 4/1 AlkGnv 66 4/1 4/1 RAT Ind 473 -3 ■ICC 413 -3 BOC Group Ml +2 BOC Group Ml 4-2 BR Petroleum 319 -I ■TR
        1,113 words
    • Article
      HONGKONG
      2442 16 Vol Aag 27 HKS High Low fOOO) PE ASM Pacific 2.9a) unch 2925 2.900 94 12.0 AWT Wortd Transport 1.170 unch 1.170 1.160 350 7.1 Acme Landii 1.500 unch 9.6 Alco Hkigs 1.210 unch 1.220 1.200 500 6.8 Allied IndlMt 0.920 unch 0 940 0.910 4356 116 Allied Oversea
      2,442 words
    • Article, Illustration
      Lock icon TOKYO
      2515 16 Reuter TOKYO Stocks ended moderately higher yesterday on late buying by investment trusts, with the Nikkei Average rising for the fifth consecutive day. Sentiment was strong on hopes that the government would adopt steps to support the economy soon, but profit-taking limited gains, brokers said. "Investors have been buying
      Reuter; Source: Bridge Info  -  2,515 words
    • Article, Illustration
      Lock icon BANGKOK
      1654 16 Reuter BANGKOK The Stock Exchange of Thailand (SET) Index ended marginally lower yesterday after a mixed, nar-row-range session, brokers said. The SET Index was lower for most of the afternoon, clawing back some losses before the close to finish at 962.47, down just 0.06 point on turnover of 6.19
      Reuter; Source: Bridge Info  -  1,654 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2408 17 Source: Bridge Info Source: Bridge Info Faber Group 28.073.000 FACB 50c 18.220,000 Promet 15.653.000 Mulpha IntI 50c 12.647.000 Renong Bhd 50c 9.730.000 Kamunting 50c 1.426.000 Bedford 50c 6.144.000 PMI 50c 5.840.000 Lien Hoe 5.318.000 Idm Hyd 50c 4.753.000 Kemayan 50c 4.644.000 Berjaya Group 3.767.000 KL Industries 3.530.000 MOW
      Source: Bridge Info  -  2,408 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon STII drops on lack of institutional support
        7139 18  -  By R Sivanithy SINGAPORE Lack of institutional support, combined with profit-taking in blue chips, dragged shares to a lower close yesterday. The Straits Times Industrials Index dipped below 2,000 points to finish at 12.82 points down at 1,995.1. The BTMGA also lost ground,
        Source: Bridge Info  -  7,139 words
      • Article, Illustration
        Lock icon Yeo Hiap Seng
        81 18  -  HOT jTCCH Paul Leo YEO HIAP SENG lost 32 cents to end at $2.38 yesterday. But with the daily RSI just above 25 and heading south, further price weakness would push the stock into oversold region. That means it would take a breather and trade within a
        SOURCE: BRIDGE INFO  -  81 words
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      299 9 HOLUTWOOD HAIR EXPERT BRMGS CELEBRITY KNOW-HOW TO SMGAPORE o T&nlogfst to the Holywood celebrities, Michael of Beverly HMs, is exclusively at Svenson for consultations for people with hair problems, A member of the London Institute of Ufa and an Associate of the Royal Institute of Health jfl j& Hygiene, Mr
      299 words
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      633 10 -'SS SAN TEH LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of San Teh Ltd are pleased to announce the following unaudited results of the Company and of the Group for the six months ended 30 June 1993: COMPANY GROUP 1993 1992 1993 1992 $'000 000 $'000 $000
      633 words
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      Page 10 Advertisements Column 2
      92 10 Dividends table has been held over INFOLINE It costs virtually nothing to know so much. After all, time Joes seem to move a little more gracefully when you're staying with us. Perhaps it's the location in the midst of Singapore's genteel Embassy District. Fferhaps it's an ambience more reminiscent of
      92 words
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      135 11 i Ml f.fL i P nf] IfW lr« V 1 p? i( Factoring Improved Cash Flow I IP E Par cwpni Is grow, you nud tartars, your budwaw could |rin cere at an your a aha*. funds as wd as IweghnHiiw. a fresh impetus far growth. Uke Todey, we ore
      135 words
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      325 12 ''Mt» 4t- jpyp^ »y jr WW 1 jikL|l P 1 »,^^^a^| r B K v #<*£-• -»*> .>*• ->_- v > < Mfcuß'^^/^r"'/*' V'* fIK JF^timK^■V W r id'> Kk-.-. 4SdSffaWr- A Bk -> s'^^^BKK l! fl KV 1 |r m- fl K -1 K */nm jMc*r 11 it v
      325 words
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      186 13 All This And More At An Affordable Price. Corporation Place. Auto banking Medtcalcknic Dining in comf on at the food Creche for children of u<oriung A refreshing break court patents from work Corporation Place. An industrial development designed to meet the special needs of high-tech industries. u KEs!bE\ The hub
      186 words
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      253 14 BUSINESS TIMES TOLL-FREE TEL. No. 1800-741 1833 FAX:74I 1298 OFFICIAL NOTICE BSlUll SllKfiißllmN fil Wp] MSI ■MlUßiifJ ft I Notice is hereby given that in consequence of the intended change of name of a ship try our clients, "Beats Leonhardt" Schrffahrts-Gesellschaft mbH Co., we applied to the Director of Marine
      253 words
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      Page 14 Advertisements Column 2
      30 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead ""Th*~zir" Issssr offers the most current list of job opportunities
      30 words
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      103 16 The Hongkong market was closed for a public holiday. The China report was not available. HOW TO FLY l\| FIRST CLASS, WITHOUT jjjgj FLYING FIRST CLASS. Egg| JUST deserts Legal discourses in digestible portions. Every Thursday. \mo*NK9 f 1 Businessiimes WE KNOW ASH The Jakarta market was closed for a
      103 words
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      633 17 The Malaysian market was closed yesterday for Prophet Muhammad's birthday. It will remain closed today for its National Day. YOU'VE GOT THE WHOLE WORID j I IM YOUR HANDS. I ':>' BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 This advertisement appears as a matter of record only r o AVI
      633 words
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      Page 18 Advertisements Column 1
      140 18 Saving on laser printing costs is easy with Laser Care Toner Cartridges they're 40% cheaper with no loss in quality! That's because of our OEM* process, plus the fact that we deal direct with our You'll also achieve up to 5,000 copies per cartridge, versus the normal 4,000, thanks to
      140 words
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  • SPORTS
    • Article
      Lock icon Langer wins his fifth German Open title
      377 19 AP DUSSELDORF Bern hard Langer shot a six-under-par 66 and pulled away to a five-shot victory on Sunday, earning his record-tying fifth German Open title in front of his countryman. "I've waited a long time for this," said Langer, who won in 1981,
      AP  -  377 words
    • Article, Illustration
      Lock icon Allem routs field to win World Series
      546 19 Golf AP AKRON, Ohio Fulton Allem turned an eight-man race into a rout with a spectacular eight-under-par 62 and cruised to a five-stroke victory in the World Series of Golf on Sunday. Allem, one of eight players within a shot of the lead
      AP  -  546 words
    • Article
      Lock icon Choking: a natural reflex to all but winners
      843 19 US Open Tennis Championships NYT NEW YORK Will choking, that involuntary art of performing a demolition Derby on one's domination of a match, continue to be the scourge of the women's tour when the US Open gets underway on Monday? Probably. After
      NYT  -  843 words
    • Article, Illustration
      Lock icon Prost and Hill have reason to celebrate Belgian GP
      417 19 AP SPA-FRANCORCHAMPS, Belgium Alain Prost and Damon Hill each left the Belgian Grand Prix with reason to celebrate on Sunday. Hill won the event for his second consecutive victory. Prost took another step towards his fourth world championship. And together, they
      AP; Reuter  -  417 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        74 19 AFP SHEFFIELD, England Jan Zelezny shattered his world javelin record here on Sunday, but knows he will be poorly rewarded for another spectacular display. Promoter Andy Norman promised the 27-year-old Czech a bonus for his magnificent 95.66 m effort. But Zelezny is well aware he will not receive anything
        AFP  -  74 words
      • Article, Illustration
        Lock icon Baseball
        260 19 Reuter NEW YORK American League Sunday: NY 14 Cleveland 8; California 6 Milwaukee I; Kansas 5 Boston 4 (in 12); Baltimore 6 Texas 3; Oakland 7 Detroit 3; Toronto 6 Seattle 2; Chicago 13 Minnesota 5. Standings (won, lost, winning percentage, games back) East Division: 1 NY 75 57
        Reuter  -  260 words
      • Article, Illustration
        Lock icon Motor-racing
        81 19 AFP SPA-FRANCORCHAMPS, Belgium Formula One Grand Prix result and standings Sunday: 1 Damon Hill (Brit) Williams-Renault 306.856 km in Ihr 24min 32.1245 ec 2 Michael Schumacher (Ger) Benetton Ford at 3.6685 ec 3 Alain Prost (Fra) Williams-Renault at 14.988 4 Ayrton Senna (Bra) McLaren Ford I min 5 Johnny
        AFP  -  81 words
      • Article, Illustration
        Lock icon Golf
        242 19 AFP AFP AP Reuter DUSSELDORF, Germany US$l million German Open leading final scores Sunday (UK unless stated): 269 Bemhard Langer (Ger) 65 68 70 66 274 Robert Allenby (Aust) 71 70 65 68, Peter Baker 68 66 71 69 275 Darren Clarke 69 70 71 65, Colin Montgomerie 68
        AFP; AP; Reuter  -  242 words
      • Article, Illustration
        Lock icon Airborne bike, down to earth rider
        34 19 Reuter BERLIN A cyclist crashing over the steeplechase at the first world championship for cycle couriers. About 400 couriers from 16 nations took part in this competition. Reuter
        Reuter  -  34 words
      • Article
        Lock icon Hockey
        69 19 AP POZNAN, Poland Intercontinental Cup qualifying tournament Snnday For First Place: South Korea 1 Spain 0. For Third: India 3 Argentina 2. Qualifiers: 1 South Korea 2 Spain 3 India 4 Argentina S South Africa 6 Belgium. AP AMSTELVEEN, Netherlands Women's Champions Trophy Sanday Final. Australia 1 Netherlands 1.
        AP  -  69 words
      • Article, Illustration
        Lock icon Indy racing
        42 19 AFP VANCOUVER, British Columbia Vancouver Molson IndyCar top finishers Sunday (US unless noted): 1 A 1 Unser lhr 49min 52.4525 ec 2 Bobby Rahal 3 Stefan Johansson (Swe) 4 Scott Goodyear (Can) 5 Mario Andretti 6 Nigel Mansell (Brit). AFP
        AFP  -  42 words
      • Article, Illustration
        Lock icon Sumo Wrestling
        78 19 AP TOKYO Popular Takanohana will have a shot at becoming the youngest wrestler to reach the top rank in sumo wrestling in the next tournament, beginning Sep 12. Takanohana, 21, finished with 13 wins to two losses in the July tournament. At age 20. he became the youngest
        AP  -  78 words
      • Article, Illustration
        Lock icon Tennis
        167 19 AFP Reuter Reuter FLUSHING MEADOW, New York Monica Seles, shy at first but warmed by a friendly crowd, made her first public appearance since she was stabbed in April at a benefit in memory of Arthur Ashe here on Sunday. Seles, who will be unable to defend her US
        AFP; Reuter  -  167 words
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      79 19 NS MAN 1$ AN IILAN& BUT IT't A OtHATPiAg TO MEET. 1 No bones about it The fact that we're not on the mainland is precisely what makes us attractive Okav, so it helps to have a tasty stretch of white sandy beach And v cinqri La i> fun-loving attitude
      79 words
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      878 20 Nothing Beats A BikL where t wine, dine and entertain or Our Bird's Nest will please your palate as well as your pocket I We've just added Bird's Nest 7/ delicacies to our menu at really jMfVMB |T affordable prices. Whether it's a Bird's Nest main dish > or dessert*,
      878 words
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      Page 20 Advertisements Column 2
      231 20 (FREE! use of KT V rooms* at the Coleman's Lounge with a minimum expenditure s 1 for 1 offer on beer and regular brands 20% off on premium Ma*. 12 persons to a room Have A Suckling Pig On Us JL Just spend $120 at Furama Palace and you can
      231 words
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  • LIFESTYLE
    • Article, Illustration
      Jackson live!
      974 21  -  It was as if you were seeing his act on music video and had to be virtually jerked out of a trance by the occasional explosions. Corinne Kerk was there. Corinne Kerk -m i c h a e l Im fU JACKSON's I m B performance I W
      974 words
    • Article
      Lock icon French rise to the defence of the sacred baguette
      441 21 AP Frozen dough? cheap flour? Stretchers? Not in the sacred baguette, says the French government, or you'll have to call it "industrialised bread". Bakers intent on shortcuts and culinary fraud have victimised the crusty symbol of France for years, even to
      AP  -  441 words
    • Article, Illustration
      Lock icon Liz's US$5m new home
      376 21 CHATTERBOX AP AP ACADEMY Award-winning actress Elizabeth Taylor, whose latest husband is a construction worker, is reportedly spending US$5 million (SsB million) on a "fixer-upper" home in Laguna Beach. The 6,000-square-foot, fivebedroom home is in a gated community about 60 miles south of Los Angeles, the
      AP  -  376 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      175 21 Pr 1 OVERSEAS?! 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 Seria Book Store Tel *****0; Fax *****86 Indonesia:
      175 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1091 21 I TV*«*°*Q 1 Charlton Heston directs Vanes- sa Redgrave. John Gielgud and More arc locked in a tussle marry Anne Boleyn. Pressured lß® to endorse the second mar- ♦> V^'T around the law. form, she soon falls in love. SS? with an AK- —T~ 47 rifle, describes his struggle Charlton
      1,091 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      There's room for more budget hotels
      1570 22  -  A J Leow looks at changes in Asia's travel patterns and their impact on the local hotel scene A J Leow Fundamental changes in travelling habits will have a major effect on the regional hotel industry in the next few years. And in Singapore,
      1,570 words
    • Article
      Property prices will go up after GST, say academicians
      356 22 Residential property prices are set to go up when the Goods and Services Tax is introduced next April even though such property is not subject to the tax. Associate Professor Peter Brown and Mrs Amy Lee of the National University of
      356 words
    • Article, Illustration
      S'poreans break new ground in Vietnam
      1231 23  -  Harish Mehta reports from Hanoi on the growing presence of Singapore developers and hoteliers in Vietnam Harish Mehta ALITTLE-known Singapore firm has beaten its bigger compatriots to become the local company to build a hotel in Hanoi, ahead of some megaprojects that are slowly
      1,231 words
    • Article, Illustration
      PROPERTY WATCH
      323 23 Selected ERA transactions in the past week j OWHC Typ< I y 1 PRIVATE Aug25J 993 0410 HarbourViewTower Apt ***** 99 650,000 j_ 539 Aug 24,1993 1 0719 Textile Ctr Apt 882 99 290,000 328 Aug25,1993 1026 FarrefCourt Apt 1770 99 545,000 J_ 308 Aug 24,1993 1026 LeedonHt
      323 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      192 22 Tender closing on 12th October 1993 at 3pm Nos. 5,7 and 9 Ridout Road Singapore 1024 ?&L qSu Site: Approx 5,185 sm (55,811 sf) (Freehold land) Total gross fir area: Approx 810 sm (8,719 sf) excl.outhouses of 192 sm (2,067 sf) 3 units of single-storey detached house, each with an
      192 words
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      Page 22 Advertisements Column 2
      184 22 PLAYSMART Be part of the good life. Lifestyle* Everyday. Business Times rfnn The Only Car Phone That Is Truly 18l 111 If" I I Simpler. Easier Friendlier *****7 BB VV Ace Marketing *****31 Handsfree Operation On© Touch Dialing >jj;i ■tIJIMB ♦Auto Answer dumber Memory *****,8 Memory Scan Full Electronic Lock
      184 words
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  • REGIONAL SKYLINE
    • Article
      Lock icon Shanghai office rents set to rise
      60 23 South China Morning Post HONGKONG Office rents in the Pudong district of Shanghai are tipped to soar due to a shortage of lettable space. Numerous plots have been earmarked for development, but these projects will not be completed until about 1995. Meanwhile, rents will
      South China Morning Post  -  60 words
    • Article
      Lock icon HK home buyers hurt by new rules
      56 23 South China Morning Post HONGKONG Banks in the colony are restricting mortgages to 60 per cent of a property's value to curb rising prices. But the Society of Hongkong Real Estate Agents says the move, introduced a few weeks ago, is hurting genuine
      South China Morning Post  -  56 words
    • Article, Illustration
      Aussie country estate for sale
      66 23 SYDNEY A grand country estate, Hawthomden, located near Sydney's consular belt and minutes from the central business district has been offered for sale by public tender. The two-storey Georgian colonial home is on a two-acre site in the heart of the Woollahra district. Inspections are
      66 words
    • Article
      Lock icon Thai hotel investing overseas
      37 23 Bangkok Post BANGKOK Central Plaza Hotel has told the Stock Exchange of Thailand that it plans to invest in a floating hotel in Myanmar and an airport hotel in Los Angeles. Bangkok Post
      Bangkok Post  -  37 words
    • Article
      Amos Koh sets up own consultancy
      50 23 SINGAPORE Former research head of Knight Frank Cheong Hock Chye and Baillieu, Dr Amos Koh, has formed a new company called Amos Koh Property Consultants. The new firm will provide services for both the local market and regional markets such as Indonesia and China.
      50 words
    • Article
      New golf resort in Batam launched
      64 23 SINGAPORE Batam Sijori Resort, a $45 million project developed by PT Good Luck Resort, has launched its membership drive. Membership is priced at $10,000 with the first 500 members eligible for a lucky draw which top prizes include a Mercedes Benz 190E and a
      64 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      206 23 You just can't beat a Jetabout China tour. We use experienced English speaking guides, have guaranteed departures and give you maximum flexibility of departure dates. China is a big country, but we have a wide range of different tours to cover exactly the points of interest you want to see:
      206 words
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      Page 23 Advertisements Column 2
      18 23 "I proposed She accepted." Wl 1 ke *P my word u Call today for results tomorrow CA.T.S. 737-1166
      18 words
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      Page 23 Advertisements Column 3
      63 23 p ee Is it our unique the Bay location that new helps make the Touches most of your stay? of Is it our hacienda Hyatt style rooms that Regency provide a welcome Manila. siesta from the intensity of Manila? Or is it our personalized service that makes you value your
      63 words
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  • Article
    A US rockslide on Beijing?
    550 24 THE latest row between Beijing and Washington over China's missile sales to Pakistan is threatening to escalate in a disturbing way. Beijing responded defiantly to the precipitous imposition of sanctions by the United States, saying it will reconsider its commitment to the Missile Technology Control
    550 words
  • WHAT THE OTHERS SAY
    • Article
      Going beyond the numbers
      281 24 HOW MUCH should be made of the fact that former Deputy Prime Minister Ong Teng Cheong received 58.7 per cent of the valid votes in last Saturday's elections to the revamped presidency, while former Accountant-General Chua Kim Yeow garnered 41.3 per cent? At one level, those
      281 words
    • Article
      Getting people to speak baku
      266 24 THE CAMPAIGN to encourage Malay Singaporeans to begin to speak standard Malay or baku to a great extent can be regarded as a success. The various other activities organised by the organising committee and the Malay-Muslim organisations in conjunction with the Malay Language Month have
      266 words
    • Article
      Support President Ong fully
      184 24 ONG TENG CHEONG emerged the expected winner in Singapore's first presidential election last Saturday. His experience, capability and selfless devotion to the people and nation qualify him eminently for the post. The future will prove that Mr Ong's experience and wisdom accumulated throughout his political career
      184 words
    • Article
      Towards balanced growth
      287 24 WE SHOULD BECOME Malaysians all over again and actively take part in the concerted effort to build a progressive nation where all states enjoy balanced growth. Once we leave the political arena, we should concern ourselves with the economic and other fields, where we should work together
      287 words
    • Article
      Seeds of addiction
      180 24 THAT DADAH PEDLARS are using Felda settlements as a base to operate their illegal business is, by any standards, a shocking revelation. It is shocking that these pedlars have no qualms in pushing dadah to innocent farmers who may not be fully aware of the danger of
      180 words
  • Article
    Lock icon North-east Asia's best bet is a US-Japan partnership
    1167 24  -  Walter A McDougall discusses the problems of establishing a secure international order in North-east Asia, when helping one reformist regime means damaging another Walter A McDougall The writer, a professor of international relations at the University of Pennsylvania, is author of Let
    NYT  -  1,167 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      16 24 "I deal in cameras, Andlknow whereto get good exposure." Call today for results tomorrow. CATS. 737-116*
      16 words
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      Page 24 Advertisements Column 2
      556 24 TAKEOVER OFFER FOR HTP HOLDINGS LTD ("HTP") (Incorporated in Singapore) ANNOUNCEMENT On behalf of the Board of Directors of Jakeplan Holdings Ltd ("Jakeplan"), a company incorporated in Hong Kong and a wholly-owned subsidiary of China Everbright Holdings Co. Ltd., The Development Bank of Singapore Ltd ("DBS Bank") announces that Jakeplan
      556 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      100 24 JP.s. if oeuv&RY mas fceeM madc uerreß to messes, gum pp.m&s7\ A kindlH disßelg ths Lerrefc.... fc€..OUR ORDefc ttJWt&eK De>»3T. v S»HCC oeuveßy CN tme. wns wot e»eeN Mpsoe uie hpne. I o #C£, X L_ wsrftucnsD oufc wepivy n\o£> it) go I A* I sound brcak Less. .7 rf™"
      100 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Making Japan cheaper for the Japanese
      1055 25  -  While James Sterngold finds Japanese gradually accepting the merits of price competition, Hideko Morita discusses the test of strength building up in the coalition government over stimulating the economy, and BT's Tokyo Correspondent Anthony Rowley examines the JR East share issue James Sterngold Hideko
      NYT  -  1,055 words
    • Article
      Lock icon The package will reveal the power brokers
      845 25 KnightRidder AS Japan's new coalition government prepares to draft fresh economic stimulus measures, battle lines are being drawn in the Cabinet over whether a large income tax cut is the right antidote for the economy's lingering woes. What's at stake in the debate,
      Knight- Ridder  -  845 words
    • Article
      An issue that might do wonders for the Tokyo stock market
      957 25 A LOT of people ride JR East, the biggest operating unit of the former Japan National Railways. Likewise, a lot is riding on the state-owned company's decision to privatise 50 per cent of its shares in a major stock
      957 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      183 25 GIVE YOUR FACE THE EXECUTIVE TREATMENT DMntfmtm the took of worry —m H V m Xn«B Removed- m m me look of I,, 11 J| tired baggy eyes UmMehedS the oneet o* Removed J*L flowed «reee open pores ,lOe and blackheads jr HhNI Diminished DtoiWn/j/wcf the formation of 'double chin'
      183 words
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      Page 25 Advertisements Column 2
      170 25 GALILEO GALILEI LUTED EDITION FOUNTAIN PEN m,:, 4692 PENS WORLDWIDE INDIVIDUALLY NUMBERED *****0 1993 is the 650 th anniversary of the University of Pisa where the famous Galileo studied. The "Galileo Galilei" is created to pay homage to this great discoverer of the Galaxy. The design of the pen was
      170 words
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  • Article
    Lock icon US second quarter trade deficit highest since 1987
    522 26 Exports rise but at far slower pace than imports AP, Reuter A WASHINGTON The US trade deficit widened to U5534.4 billion (5555.2 billion) for the months of April through June, the worst performance in s'/z years, as exports rose but were far
    AP,; Reuter  -  522 words
  • Article
    Lock icon China stops central bank doing business
    278 26 AFP BEIJING China, extending an anti-corruption drive and seeking to halt a loss of state funds, has ordered the central bank to sever all links with businesses it set up, the People's Daily reported yesterday. The new regulations, issued jointly by the People's Bank
    AFP  -  278 words
  • Article, Illustration
    Lock icon Aftermath of China dam burst
    59 26 Reuter GOUIIOU, China People's Liberation Army soldiers digging through the mud searching for bodies in Gouhou county in remote north-west Qinghai province last Saturday after a reservoir dam burst on Friday and wiped out several villages. A Chinese official confirmed that the death toll was
    Reuter  -  59 words
  • Article
    Lock icon Sanyo to move audio equipment production abroad
    138 26 AFP TOKYO Japan's Sanyo Electric Co Ltd said yesterday that it planned to shift 90 per cent of its production of audio equipment, excluding high-tech products, to foreign countries. A Sanyo spokesman said 90 per cent of headphone stereo sets and other ordinary
    AFP  -  138 words
  • Article
    Lock icon German leaders publicly divided over US-EC farm accord
    475 26 AFP BONN A row brewing within Germany's ruling coalition on whether to renegotiate certain key points of the US-EC farm accord came close to boiling point yesterday as Foreign Minister Klaus Kinkel publicly contradicted Chancellor Helmut Kohl's spokesman. Mr Kinkel, leader of
    AFP  -  475 words
  • Article
    Lock icon Asian oil prices surge on Nigerian strike fears
    279 26 Reuter SINGAPORE Oil prices surged 35 US cents to a twomonth high in Asia on Monday as traders feared pro-democracy strikes would spread to Nigeria's oilfields. "The market is extremely jittery," a trader with one major oil company in Singapore said. "I
    Reuter  -  279 words
  • Article
    Lock icon South Korean carmakers aim to double production capacity
    301 26 AP SEOUL South Korea's five carmakcrs plan to invest US$9.7 billion (5515.5 billion) to double their combined annual production capacity to more than 5.3 million cars by the year 2000, industry officials said yesterday. If the expansion goes as scheduled. South Korea
    AP  -  301 words
  • Article, Illustration
    Asian investors in US need to hang on despite losses
    888 26  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent PUTTING in more money when you're making losses isn't the smartest of investment moves, unless you're taking the long-term view and have complete faith in
    888 words
  • Article, Illustration
    Lock icon Israel ready for direct talks with PLO in historic turnaround
    666 26 It's time to take a risk for peace, says Rabin Reuter, AFP TUNIS Prime Minister Yitzhak Rabin, in a historic turnaround, declared Israel's willingness yesterday to engage in direct talks with the Palestine Liberation Organisation on granting autonomy to residents
    Reuter,; AFP  -  666 words
  • Page 26 Advertisements
Page thumbnail Page 27
  • Shipping Times
    • Article
      Mitsui, Nedlloyd join forces in Asia-S America trade
      485 27  -  By Juliette Walker SINGAPORE Mitsui OSK Lines and Nedlloyd Lines will soon combine their direct Asia-South America services in a bid to improve sailing frequencies and port coverage. From Sep 30, the Japanese and Dutch carriers will offer containerised sailings every 10
      485 words
    • Article, Illustration
      Thailand's Laem Chabang to boost services
      430 27 BANGKOK While Bangkok Port remains troubled by the complexities of implementing its new tariff structure, Laem Chabang Port is set to enhance its services next year through the development of a container cargo handling service at its terminal No 1, The Nation reported last
      430 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      842 27 Page Col ABC Containerlinc 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9
      842 words
    • Article
      S'pore court clarifies law on ship arrests
      600 27  -  By Ramesh Divyanathan SINGAPORE A recent case in the Appeal Court dealt with the law on ship arrests, examining in detail a principle known as the "single ship arrest rule". While allowing creditors to arrest debtors' ships as security, the rule permits only
      600 words
    • Article
      Lock icon APL plans second big boxship deal
      246 27 Lloyd's List LONDON Intermodal carrier American President Lines (APL) is planning to follow up its post-panamax boxship ordering programme with a contract for a series of 3,000-TEU (20-foot equivalent units) vessels. OfTers are being evaluated from eight shipyards for the construction of three containerships.
      Lloyd's List  -  246 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        535 28 <tml Hi lit B<rHi <nw«l Dtparfart Vtwri *oy N» BwHi km* Ptp«rtig« JlinHlf Part Sn N Hua 3 1593 P02 alongside 30 08,2300 AiteOmt 4/93 13 alongs* 3108/1830 SI 0 Tr*»ura 55H TO/ atonp* lyo Pw 5/93 111 3108/1800 Trans Trader 62A P02 31 «/0200 Mra Cosmos
        535 words
      • Article
        CONTAINER SCHEDULES
        1489 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO RECEIVING Of EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Rslts a» Voy No Etb/Btr Poriod From To From ACT Lote 42A 31/1600 1 30/1500 30/1659 30/1900 ACX Smn 81A 01/1500 2 30/1700 31/0659 31/0900 4 31/1200 31/1459 31/1700 u.
        1,489 words
    • Article
      THE SHIPPING GUIDE
      9780 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 Pcnang after
      9,780 words
    • Article
      SHIPPING AGENTS
      3128 41 Contaiaerline NV: Belsin Shpg I Agenacs Ptc Ltd (SyMarinc Handling Sdn Bhd (PK/PN). Accord Gtwf: Accord Shpg Pre Ltd (SVAccord Contr Line (PK/PN). Adkris Bmimtu Corporation Philippic Calsourcc Shpg A Trdg Ptc Ltd (S) Ahreakki Liaer Service: Kim Shpg A Trdg (S). Aftatroa Sea-At Serricc: Frata Shpg Ptc
      3,128 words
    • Article
      COURIER SERVICES
      266 41 Abacas Couriers Td: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144. Airborae Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. CHy-Liuk International Td: 344-3377. Fax: 345-6450. Cluster Liak Supplies A Services
      266 words
    • Article
      AIR FORWARDERS
      1443 41 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. A r ACHTHI jinjfipuiT Tel: 542-7821 Fax: *****20. AeroUak Freight lateraatioaal Tet 545-8033 Fax: *****05. Td:'"s42-5911. Fax: *****18. Ak Cargo Noro Express Td: 542-5454. Fax: *****06 Ak Express lateraatioaal Tet 542-7666. Fax: *****74. *****50. Ak
      1,443 words
    • Article
      PORT CONDITIONS
      2507 42 ALBANIA Duress: Five vessels in port discharging of which 2 flour. 1 general cargo. 1 humanitarian cargo. 1 coal. ANGOLA Luanda: City normal, but power very restricted. Water supply still intermittent. Port quiet with 2 vessels currently discharged and various coasts 1 vessel. Berths available with no delays
      2,507 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1055 42 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP FOLLOWING another week dominated by activity surrounding the handy bulker market, we have seen a change in direction with a cape-size and a couple of VLCCs reported at the end of the week. The VLCCs were the
      The information was contributed by Simpson Spence & Young; AFP  -  1,055 words
    • Article
      AIR FREIGHT SCHEDULE
      553 42 ARRIVALS DEPARTURES Op Flight Type ETA T Fro« Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 I TYO KAL
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      363 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calb Port Ageat Tefcphoae No AUGUST 31 31 Leisure World 1230 1900 Sin-Phuket Lauw Sons Travel 227-8284 SEPTEMBER 01 01 Frontier Spirit 0700 1100 Asean Cruise NYK Agencies (S) 290-8718 03 03 Leisure World 1200 2000
      363 words
    • Article
      DAILY FREIGHTS
      698 43 THE DRY cargo freight market on Friday again lacked grain fixtures on the key routes, although active timechartering for coal business was found. Transpacific time-charter coal fixtures saw charterers paying anything from US$lO,5OO daily to US$ll,3OO. The Baltic Freight Index (BF1) sub-index for this route fell back from
      698 words
    • Article
      TRANSPORT DIARY
      942 43 COURSES Title: Diploma in Marine Operations Administration Duration: Aug 30 Jan 8 1994 Organiser Singapore Port Institute Tel: 274-7111 Title: Container and Yard Management (Approved-in-Principle SDF) Duration: Sep 1 Oct 29 (18 evenings) Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at 321-1707
      942 words
    • Article, Illustration
      Lock icon Borders without barriers a boon for P&O
      789 44 The British ferry company is enjoying a growth in new business as the single EC market comes into effect Lloyd's List THE SINGLE European market has had a marked effect on the level of new business for P&O European Ferries this year, with
      Lloyd's List  -  789 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon US out to restore the once-friendly skies
        573 46 NYT NEW YORK German and US officials were to meet yesterday in Bonn to begin talks that they hope will salvage their threatened aviation agreement. This is the first of many tests in coming months for the Clinton administration as it contends with
        NYT  -  573 words
      • Article
        Lock icon Private domestic airlines complain of restrictions by Indian govt
        582 46 Reuter NEW DELHI Private domestic airlines have been gnawing away at unpopular Indian Airlines' passenger lists for two years but they complain the government is doing all it can to stop them from biting off a real mouthful. Politicians themselves are
        Reuter  -  582 words
      • Article
        Lock icon US says ban on Lagos airport due to chronic security lapses
        464 46 NYT LAGOS The international airport in the Nigerian capital has long been maligned as among the world's most uncomfortable, poorly maintained and possibly unsafe places for air travellers. And many of their worst suspicions were confirmed this month when
        NYT  -  464 words
      • Article
        Lock icon UK govt denies report of rethink on rail privatisation
        269 46 Reuter LONDON The British government denied a newspaper report on Sunday that it was preparing contingency plans to delay the planned privatisation of British Rail. "TJiere are absolutely no plans to rethink British Rail privatisation. It is nonsense," Transport Minister Steven
        Reuter  -  269 words
      • LOG BOOK
        • Article
          Lock icon Strike by Danish cabin staff hits SAS
          139 46 Reuter COPENHAGEN Scandinavian Airlines System (SAS) said on Sunday its Danish cabin staff went on strike after the collapse of negotiations on longer working hours, hitting about a quarter of its international flights. It said the strike took effect on Sunday morning, causing
          Reuter  -  139 words
        • Article
          Lock icon Dearer petrol for KL cardholders
          110 46 Bernama KUALA LUMPUR A 30-sen (19 Singapore cents) charge will be imposed for every purchase of petrol using credit cards from tomorrow, petrol station operators agreed at a meeting here on Sunday. Petrol Dealers Association of Malaysia (PDAM) president Abu Samah Bachik said the association
          Bernama  -  110 words
        • Article
          Lock icon Transport strike cripples Karachi
          90 46 AP KARACHI Public transport ground to a halt Sunday in the southern port city of Karachi to protest increased fuel prices. The transit strike crippled Karachi, the country's largest city and its industrial heart. Hundreds of brightly coloured buses sat idle in government parking lots, forcing
          AP  -  90 words
        • Article
          Lock icon Georgia train accident kills 5
          77 46 Reuter MOSCOW Five people were killed and more than 40 were injured when an electric train came off the rails in Georgia last Saturday, the second fatal accident in the republic in two days, Postfactum news agency said on Sunday. Railway officials said the accident
          Reuter  -  77 words
        • Article
          Lock icon Sempati Air's new KL-Surabaya flight
          78 46 AFP JAKARTA Indonesia's youngest private commercial airline, Sempati Air, will this week start a new international line linking the East Java city of Surabaya with Kuala Lumpur, the Aptara news agency said yesterday. The route, served by a Fokken 100 aircraft, will have flights every
          AFP  -  78 words
        • Article
          Lock icon Japan vehicle exports down in July
          99 46 AFP TOKYO Japan's vehicle exports fell 13.9 per cent in July from a year earlier to 404,178 units, in the fourth condectitive month of year-on-year decline, the Japan Automobile Manufacturers' Association said yesterday. Car exports fdl 14.3 per cent to 311,839 units and trucks
          AFP  -  99 words
        • Article
          Lock icon Aircraft parts deal for Japan, US firms
          93 46 AFP TOKYO Major Japanese precision equipment maker Shimadzu Corp has reached a broad agreement to team up with AlliedSignal Inc of the US to manufacture and sell aircraft components, a Shimadzu spokesman said yesterday. The two companies will cooperate in the production of
          AFP  -  93 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1357 46 City n** ETA CTD AIM Dtobi GA893 1630 GA974 1940 M0I1Mi Qf81 1930 Qf82 2055 Amsterdam GA895 1435 SQ320 1100 KL837 1445 GA974 1940 SQ323 1725 KL838 2310 SQ348 2300 fturiiiind NZ35 1550 SQ288 2015 SQ286 2030 NZ36 2340 SQ288 2030 C33BI GF148 0905 B S«ri
        1,357 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      17 27 N you want htheeeJ yesterday, a. .j&r,., Fly m it with > us today, a GRIFFIN KINETIC *****331
      17 words
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      Page 27 Advertisements Column 2
      21 27 Lints and mcvJcm r«prasot*d by /ZS£$S MmMti of tfc# Registry af AccuWHi [ffWll] fa advertising enquiries, contact Shipping rum: Tei 740-2089/740-2090
      21 words
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      Page 27 Advertisements Column 3
      46 27 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Borders without barriers a boon for P&O, Pg 18 US out to restore the once-friendly skies, Back Pg KlJk TIC-TECH-TOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. vmmrh# rrn Business Tunes
      46 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      412 28 TSKIJNE AGENCIES (S) PTE. LTD. r| 1 ~WjT W WmTTp Tel: 226-3363 PPM 3 JV JLRMH, Fax: 226-1972/3 <■ Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. ««*****000n ■mam m m «wt« "m m m tp q* mm c gag 55 «L®3 mm I HCX HT we **31.01 **01.09 31.01 03.09
      412 words
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      Page 28 Advertisements Column 2
      865 28 acx lit v4oc in 31 *fTuw arrsm vu 171 2*1219 310 r=-i mhi Elotusmm 31 7i wrrvM ami*, vit wi t«i tii in I i»l mm. wm o—hi »—t -g!!i I*g uwst i!i 1% 101 caiforma nuts fti am I >10 I 7idlia io lii.ml cowcow gassaw mux i7i ?n
      865 words
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  • Page 29 Advertisements
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      1931 29 J, FK IU 6 iiiiics, iucsub; a»g"»' SgManfi SH,RPM G *«"<=«» DOCUMENTATION TEL *****55 (INWARO)/*****90 (OUTWARD) «2« 1« CF S TE L *****6 BliA BOOKINGS TEL: *****80 *****81/ *****82 p r,unANr, TFL *****2/3 FAX *****4 (OPNS) CFS (PSA F5) TEL: *****21/ *****79 RAHIU J~TE *****0 FAX 07 *****9 CUSTOMER SVC
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      1664 29 ■UIiViHiHUWI* FRANCE/ITALY/PORTUGAL/SPAIN/MOROCCO NEXT AVAILABLE SAILINGS LAURA MAERSK V.9310 ETA SIN 2ND SEPT 93 LADBY MAERSK V.9304 ETA SIN 6TH SEPT 93 VhM Voy ETA ETD Faadar by SL-ur-a-ror, DESTINATIONS ThM MM MAJESTIC MAERSK V 9308 CY 07/09 0600 MRS BHI CFS 06/09 2359 HRS JOH LPK PEN OAK LQB KHJ
      1,664 words
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      1629 30 AOABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A'WERP HAVRE WEST MALAYSIA KAMAKURA 30/134 1/9 18/9 21/9 19/9 Port Kelang. Penang DRESDEN EXPRESS 12/334 4/9 13/9 19/9 22/9 25/9 27/9 29/9 Pasir Gudang KAGA 31/135 8/9 25/9 26/9 26/9 EAST MALAYSIA LUDWIGSHAFEN
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      613 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Soke Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland co®rrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUI-BISSAU-LUANDA-BATA Feeder Vessel ITA SIN VILLE DE VEGA V9829W 29/08
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      1183 30 NORASIA I ANT# FEL| NORASIA AL-MUNTAZAH 9333-3 02/09 22/09 25/09 26/09 26/09 27/09 28/09 30/09 01/10 02/10 I NORASIA SAMANTHA 9334-3 09/09 29/09 02/10 03/10 03/10 04/10 05/10 07/10 08/10 09/10 I NORASIA SUSAN 9335-3 16/09 06/10 09/10 10/10 10/10 11/10 12/10 14/10 15/10 16/10 I NORASIA SWGA 9336 3
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      1974 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****8S Fax: *****17 I NEW GUINEA PACIFIC UMt cMb <a service of chima navigation CO) CMtGO DIC SAILS HAJAH BROOKE W2II Muari. lab. KH 30 31 Aut In PI 01 Sep FCL. LCI CONTAINER ANO
      1,974 words
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      2884 31 m SINGAPORE AGENT: PAO Containers (Singapore Agencies) Pte Ltd i¥l W V S 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 y CR Number: **********0Z EXPORT IMPORT VESSEL VOV 'MS TOO MM ALG SOU ANT WOT HAM BNC
      2,884 words
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      908 32 pm«q|| I 1 I [wt wi ISTOB WMHOti" UK wo€w wnpr II I MATAMM 3SNB I 21-24/9 I 21/10 24/10 1 27/10 30/10 I TO AUSTOALST"^I EAST COAST PO»TS I VSI/VOY PKL STOK STD Mtlß HHS Ftt Mil I MOO AUSTRALIA US 1/9 31/1 12/» 1V» I urno iayakwta m
      908 words
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      1866 32 (g) HANJIN SHIPPING FIW Kl SIN IM HAUL StA POX fDII VSL SW Lit HAU. SAV IM NYC Lin IN ELIZABETH 009E MKCT 23/9 25/9 HANJM ELIZABETH 009E 29 H ASIA 01 IE 7/10 8/1818/18 S VANCOUVEII 014E 9 9 08KCT 31/9 2/10 HAIUM VANCOUVER 014E 99 K HONGKONG 041E
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      1240 32 Tl —I T-J -1J PH IS l« UC W WT OS* NET 96 TTO LAI C« BAL NTCUN IM KM W Nl CN Kl SGP I (OANTKOS3 31/1 1/9 M S/9 l«/ 9 13/9 14/9 IC/9 17/9 IS/9 20 9 1/1913/19 15/10 IS/19 21/19 27/19 2»/l» 29/19 39/19 9/1119/11 23/11
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      1702 33 r~7 II sex: 'CALIFORNIA MERCURY 55E' eta sgp 01/09/93 l| II II ARRIVING LOS ANGELES 18/09/93 IN 16 DAYS HI II ''■Wlfcr II aex:'NEPTUNE RHODONITE TE'ETA SGP 01/09/93 HI H H ARRIVING NEW YORK 24/09/93 IN 22 DAYS H 1 rrzrr L 1 nY lAV FIoToBF wF sct atl ceo
      1,702 words
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      1076 33 m sinsov SINGAPORE SOVCT SHIPPING CO PRIVATE LTD BOOKMGS: BALT ORENT LINE: *****64 FESCO: *****06 ENQUIRES: *****33 BLASCO i ODESSA: *****51/*****31/*****13 INVENTORY: *****45 INWARD: *****81 OUTWARD: *****80 TRANSHPMENT: *****78 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 CR
      1,076 words
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      1087 34 AS AGENTS: L L 2 "J'!fff'*'JJ^ l RS2SSF AX '*****?e?7V8/9 1 MALAYSIA: JB *****1 PGU *****5/6 I A INDONESIA: P.T. SMANA LAVT INTONIISA, TEL: JKT *****00 I mrmmm w PrTlr^ 1 sb* ?r s si. T, O S r sTs SSL T T. RT 1! ,o! iIS" b iis ii
      1,087 words
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      1078 34 PHI LI OH If NT LI MS PU LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 I Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 2 SEP SYDNEY. MELBOURNE, BRISBANE. FREMANTLE I 1 SEP AUCKLAND. WELLINGTON.
      1,078 words
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      980 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSSSSSS! 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I SSSSSSSwM CR NO **********0E I I VESSEL VOV SIN CMB JIB JED AQJ ADE MOD PZU ASA HAI XIONG HXOOS 9/9 14/9 22/9 29/9 25/9 26/9 26/9 2/10 KOTA WIRAWAN WRNO3I 19/9 24/9 1/10
      980 words
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      1248 35 |ttSSt!S VOY MAFEEPER SPORE HMWt ROTTERO4M AMTOCTf TMMKS UHW» HPHH ABRAHAM 7130W 04/09 01/10 03/10 04/10 07/10 mue w mm snow 12/00 00/io i>/to 11/n 12/10 m/io__ MIU DC KNB *****1 11/00 14/10 I*/1° IV** W** 20/10 roi EAST 7230W X/W 22/10 ?*/10 25/10 21/10 •AISO ACCIPTMG CARGO 10 AIL
      1,248 words
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      388 35 ißS^^ %■tm MYANMA iflßßk FIVE STAR LINE (Myanmar National Line) Loading for Yanion (Rangoon) Spore PKIf Pen P.Gdf PWYA Vl3o* In PI AVA VI23W i/IS<p 4/6 S* PAGAN V2OIW 10 Stp PA THEM ****** 10 Sop 13 Sop MALAYSIA AGENTS: SOUS It AO SHPPWG AffNCfS All TEL (3-*****00 PW. TEL
      388 words
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      2556 38 tOCCS Fu/1 Container Liner Services **>/»'« w Mmmt tints. CtMnilftx BmUaf 6m« Cm. i»W S* «M (few CMm Sif.T. SKHI Mn »**<— Costar Shipping We Ltd •**&*.*»»< sip™*.»*•"«■» jjKfgfe,*- sssl-.--.om. Sfflr— SW" 0507 *17 7 7,557 7 J TI II W. iw« BttUagr 22S 1*33 T«t 337 2441 f4 bocsf
      2,556 words
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      591 39 FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I GOTHENBURG/SCAN 6/09 ROTTERDAM 4/09 I AARHUS/COPENHAGEN 6/09 HAMBURG/BREMEN 6/09 I MARSEILLE/FRANCE 2/09 FELIXSTOWE/UK 6/09 I BARCELONA/SPAIN 2/09 LEHAVRE/FRANCE 6/09 I GENOA/ITALY 4/09 ANTWERP/BELGIUM 4/09 I LOS ANGELES/WC/PI 5/09 SYDNEY/MELBOURNE 2/09 I
      591 words
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      617 39 RICHFIELD MARIN! AGENCIES (S) PTE LTO TEL: *****33 (12 Lines) FAX: *****15/*****03 fti TELEX: RS ***** RISHIP (3 Lines) m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOAOtMG FOB SPOKE ABBAY ViOHl 37V»6 12/10 OARESSALAAM MOMBASA ONBOUTI ASSAB MASSAWA ANOINET 3?WB 15/11 OARESSALAAM
      617 words
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      Page 39 Advertisements Column 3
      627 39 I JAKARTA BANGKOK I I KMB. WW IM T WB WW —IW —WW RAM BHUM 92S MPT 3/# ttTHA BMP IIN IPI 30/1 Eri 3/9 IWM QUI mi 17» i/0 PtYA BHUM* 297W MPI 31/» Fri 3/0 I Ml 7/9 MAMA BHUM 173H WtO 1/9 Um 5/9 UNA Mil MWU
      627 words
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      349 39 pi DONGN AM A LINE cumiq—mm mi» wee gmAiT»/tw/wc;iMi *tssa hi m ns k bh IMUm «U*Y V3O9M 4/9 t/1 9/9 9/9 »/9 22/9 HONGKONG fit OUT V3OM 11/9 11/9 14/9 25/9 29/9 MMON V3OSN 11/9 29/9 22/9 21/9 1/19 TU.SOAS V3IW 29/9 27/9 29/9 11/19 11/19 MALAYSIA O.OtT V3IOM
      349 words
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      1455 40 AjklMN CONTAINER LINES Agents: MAC-NELS SPORE: *****22 (24 LINES) J\ u Jf/D mq. **********0 C PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK I GOTH/UKB/MED PORTS PEN PKL SIN 5 SAIINGS/WEEK PEN PK SIN 3/9 4/9 5/9 Honf
      1,455 words
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      181 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD m n» n* SWK KMT HEIANC rOMNE ■.IK MK S«M Lojdmj lor Ma* ■UVN HUDHU S/» O-scharginj jnd loa** tot Bombay DOfHN 9/9 4/» lOMfcnt For Mafe men sunfM is/9 loading For MaK UMDOH Jl/I Leading For Matt mooes inn 1/9 loadmf
      181 words
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      1087 40 THONG SOON LINES PTE LTD JJf 78 SHENTON WAY #10-01, SMGAPORE 0207 TEL: *****58 FAX NO: *****11 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER FOB BOOMMte MWOOT" SINGAPORE TO SARAWAK VESSEL 1 VOY [SPORE KST VESSEL Wl S'PtRE ICST EQUATOR JADE 88/3E 01 SEP KUCHING EQUATOR ROYAL
      1,087 words
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      54 43 The Becutiue Housekeeper-(his owl I wants is me. Bob I'll never nglec-t I y -tine house, baty/ J Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The new Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA
      54 words
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      20 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. f 1 Businessnmes wt atom Am
      20 words
  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      715 43 TODAY'S TIDES (height in metres) HOII 0000 0100 0200 0300 0400 0500 0600 0700 0000 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 M 2.4 22 1J 1.1 0.7 0.5 0.5 0.4 1.1 1.7 22 2.4 2.4 22 1.7 12 0.9 OJ OJ
      715 words
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      349 44 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MAWLA .numcnm VIGOUR SINGAPORE fillffi Q3/Q9/93 11/115/33 FRIMYMID MONDAY VIGOUR SINGAPORE fiIMB Q6/M/93 11/09/93 VIGOUR PACfIC 26N8 10/09/93 18/09/93 VIGOUR PACIFIC 26ANB 13/09/93 18/09/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG VIGOUR PENANG 9311K8 03/09/93 QVQ9/93 VIGOUR SINGAPORE
      349 words
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      407 44 @APPENSHIP (3\ HAMBURG UV CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST v VESSELS LOADING PORTS DISCHARGE/LOADMG FOR HARMONY SEA HAMBURG SLD SPORE 1/9. BKK 5/9 YEW TREE HAMBURG SLD SPORE 3/9 LORELEY ANTWERP SLD SPORE 12/9 GLIDER HAMBURG SLD SPORE 30/9. JKT 2/10 AGAUEMNOM
      407 words
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      Page 44 Advertisements Column 3
      403 44 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/09 20/09 Huangpu/Guangzttou COSCO RILL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Pleas* refer above
      403 words
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      866 45 A HYUNDAI I MERCHANT MARINE CO. LTD^J WESTBOUND TO EUROPE Iwssas ww I ww pw wo *ssm wr_ sw i®!—!¥*—*l—sL_ NORASIA MALACCA 9327 A 31/08 01/09 02/09 SI MAKWER 3MN 07/09 24/09 24/09 25/09 2S/09 26/09 21/09 *A 07/09 04/09 M/W H. EXfIOKR 307W 13/09 01/10 01/10 02/10 03/10 03/10
      866 words
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      517 45 STRAITS/ JAPAN/ STRAITS SERVICE 1 P SPECIALIST IN RO-RO HEAVY LFTS I I MMM vessels IP Itsia m n IK u I uu unit n su l/o 11. TRMO 17 HI KCCUS I HI OUTBOUND VESSELS I I LOADWC FOB TVO/SEttOM/HACOV* I SEKI NAOOYA VB7 111 BIN BLD PEL IN
      517 words
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      920 45 Jv, I VESSEL IWY ISM ETA/P I LAI I OAK ICH PAL 1 IBM/COL IHOM NYC NOt AUJ6ATOR PtBE «A 02-03/09 19/99 21/09 22/09 23/09 23/09 24/09 24/99 2S/99 GEORGE WASHN6TON BRPGE 72A 09-10/09 2C/09 21/09 29/09 30/09 30/09 11/10 91/19 12/10 ALLBATOR VICTORY m lt-17/09 03/10 05/10 00/10 07/10
      920 words
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      6 46 "analysis I Tomorrow in Business Times
      6 words
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      Page 46 Advertisements Column 2
      46 46 f ANALYSIS Tomorrow in Business Times Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
      46 words
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      226 47 INSIDE Singopore market pog 6 Listed property players 2 Office 3 Residential 4, 5 Lim Hng Kiang interview 6, 7 Retail Investment sales Overseas markets Indonesia/Bangkok 1 China 12 EDITOR: Lilian Ang. SIIB-EDITORS: Gouw Huat May (coordinator). Hean Chung. Samuel Ee, Loh Kim Chin, James Quek. Peter Wong and Yu
      226 words
  • PROPERTY '93
    • Article, Illustration
      Property play
      371 47  -  By Lilian Aug At a cocktail party, mention property and all ears prick up. Sit at a coffee shop, and chances are someone at the next table will be talking about property. Singaporeans are forking out enormous sums for homes which, a short while back, they would have
      371 words
    • Article, Illustration
      Key listed players dominating the market
      2159 48  -  Demand for residential property is still firm and much interest has been focused on companies with exposure to the market. Paul Heng looks at the medium-term prospects for these key publicly listed companies Paul Heng The writer is the senior analyst with Fraser Securities.
      2,159 words
    • Article, Illustration
      Lock icon Changing face of the office space market
      1484 49  -  The Central Business District is no longer the only place to have your business premises, says Pauline Goh Pauline Goh The writer is an executive director with Richard EUis TEN years ago, it' you were employed by a foreign multinational corporation, you would
      Picture by Arthur Lee  -  1,484 words
    • Article, Illustration
      Lock icon A year of anomaly
      1637 50  -  Residential property prices seem to go only in one direction upwards. Tay Kah Poh discusses the supply and demand factors that affect them Tay Kah Poh The writer is senior manager of Knight Frank Cheong Hock Chye A. Baillieu's development consultancy and research department 1 993
      Source: URA  -  1,637 words
    • Article
      Housing loan business a money spinner for banks
      1009 51  -  Soaring property prices have spiced up the home financing market. Kooi Cho Teng reports Kooi Cho Teng THE unrelenting buying of residential properties in Singapore has brought smiles not only to the savvy investor but also to the many retail banks relying
      1,009 words
    • Article
      Lively resale market for public housing
      773 51  -  Jack Chua looks at the paperwork involved in the sale of a second-hand HDB flat Jack Chua The writer is associate director of ERA Really Network Pte Ltd THE MARKET for the resale of residential properties in Singapore has grown rapidly. During the first
      773 words
    • Article, Illustration
      Lock icon Dealing with the aspiration to own private property
      1177 52  -  Minister of State for National Development Lim Hng Kiang talks to Lilian Ang and Sylvia Wong about the government's plans to house Singaporeans Lilian Ang,Sylvia Wong THE government has repeatedly made the point that there will be enough private residential property for
      Source: HDB; Pictures by Arthur Lee  -  1,177 words
    • Article, Illustration
      A major influence on property development in Singapore
      1245 52  -  Khoo Teng Chye on how the URA's work affects the market Khoo Teng Chye The writer is the chief executive officer and chief planner of the Urban Redevelopment Authority THE Urban Redevelopment Authority (URA) has a high profile as a land sales
      1,245 words
    • Article
      Government to reduce restrictions on resale of HDB flats
      844 53 THE Housing and Development Board will further liberalise the re- lc sale market for its flats to bring it n closer to the private market, Minister of n State for National Development Lim Hng 1 Kiang said in a recent interview
      844 words
    • Article, Illustration
      The changing face of shopping in S'pore
      1049 54  -  In these two articles, Danny Yeo traces Singapore's evolving retail scene and the rise and fall of some shopping complexes Danny Yeo The writer is a director with Knight Frank Cheong Hock Chye A Bail lieu SHOPPING, right next to food, has been
      1,049 words
    • Article, Illustration
      Old shopping centres need more than a facelift to survive
      754 54 OVER the last 10 years, some 7.4 million sq ft of space has been added to the retail market, bringing the total stock to 18.3 million sq ft. Over the next 3 years, another 7.58 million sqft may come onstream.
      754 words
    • Article, Illustration
      Residential deals take centrestage
      1380 55  -  The residential sector accounted for a large proportion of investment-type properties transacted so far this year, and Low Fatt Onn expects to see a continuation of this trend for the rest of 1993 Low Fatt Onn The writer is the executive director of Jones Lang Wootton's
      1,380 words
    • Article
      An often strictly foreign affair
      1312 56  -  Quak Hiang Whai reports on how the growing number of Singaporeans buying properties overseas finance their purchases Quak Hiang Whai The w/iter is a BT journalist FINANCING the purchase of foreign properties by Singaporeans is a touchy matter, both for the financier and the monetary
      1,312 words
    • Article, Illustration
      Lock icon Totally appropriate buildings
      1398 56  -  Ken Lou explains how the best architecture marries form and function Ken Lou The writer is a council member of the Singapore Institute of Architects THE single most important factor influencing the appearance of buildings today is the need to conform. This tendency to follow the norm
      Picture by Chris Loh  -  1,398 words
    • Article, Illustration
      Indonesia's property market on the road to recovery
      1662 57  -  The residential sector is leading the way to better times. William Chia reports William Chia The writer is a BT correspondent THE Indonesian property market, which has been hard hit by the country's tight monetary policy and a property glut in the
      1,662 words
    • Article, Illustration
      Caution prevails in the Thai capital
      1102 57  -  The Bangkok property market is basically in good health after some tiying times. Andrew Cooke reports Andrew Cooke The writer is a Bangkok-based journalist who contributed this article to BT THE Thai property market is at last showing signs of recovering from a slump
      1,102 words
    • Article, Illustration
      Doomsayers proven wrong in HK's buoyant market
      955 57  -  Analysts believe prices are heading for a correction, but this is not expected anytime soon. Stephen Vines reports Stephen Vines The writer is a Hongkong-based journalist who contributed this artide to BT HIGH prices in Hongkong's property market are forcing multinational companies to
      955 words
    • Article, Illustration
      Lock icon North China may offer investors better value
      1288 58  -  Amos Koh recommends property north of the Yangtze for their lower entry costs and easier investment climate Amos Koh The writer is principal consultant of Amos Koh Property Consultants A YEAR ago, before the "China property fever" began for Singaporeans, I had suggested
      Source: Amos Koh Property Consultants,KFCB  -  1,288 words
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      60 48 m Amos koh property consultants pte. Ltd. The Property Specialists SHANTUNG, YANTAI: PRIME HOTEL INVESTMENT S* I i! V tZZs* 28-Storey Hotel In Superb, Unexcelled Prominent Location Rooftop Revolving Restaurant F B,Conference, Exhibition Commercial Space Total Floor Area Exceeds 36,000 m SOLE AGENT Singapore Office Offices In: 16 Raffles Quay
      60 words
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      142 49 LIFE'S A GAMBLE. BUT YOUR PROPERTY SHOULDN'T BE. In life as in businesses, certain risks have to be taken. However, in matters of property management, isn't it reassuring to know you can leave it in the good hands of Shen Property. Established since 1987, we at Shen Property have been
      142 words
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      320 50 t MAAIBHRnifJ HOUSING LOAN BY DBS FINANCE -3, i E; mm ™Ki Freeze your housing loan rate at 5.25% p*Q* (monthly rest) ySH for 36 months to take full advantage of current low rates |0| 11 tfß mm With interest rotes ot the lowest in years and likely to bottom
      320 words
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      Page 50 Advertisements Column 2
      190 50 PO99®P THE ULTIMATE POnlra KITCHEN -me Ultimate Kitchen SYSTEM NOW COMES WITH Hi IISOMETHING I""~-1THULY ELECTRIC in exquisite designed October 31, and be a proud HB VVIMI owner of a distinctive electric am E B oven (model: Universal Oven I S B i B HB *****) from Siemens. Just I
      190 words
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      244 51 ||g| 1 Q| Hj 8| HE > '1* jfj V "Y Whether you're the owner of a restaurant or lounge, a B ISi I 9 p mk H hS #t 9 y y 8| u, ot SMC S«/*C fstry S»<* I MM <0!0 *3 SA\YOAJRCON I J YOUR SATISFACTION IS
      244 words
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      97 52 BH COMPREHENSIVE FACILITIES I I 1 INDUSTRIAL SPACE FOR LEASE Prominent location 11 Near the expressway II Efficient lift system > j| II Separate lobbies for passenger foo < i One Owner Management IK Prestigious tenants which i- I y 11 I 1 ■■>■<• GCYUuic EAST J twos iiwii» 11
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      57 53 The Bottom Line*. Result-Oriented Services The MeraSaga 100% sold within a day. One Balmoral 100% sold almost 100% leased. I Orchard Square Development W Rec<jrd prices and reC ord response. I The Standard Chartered Bank Resident* 0 0,0 million for the freehold site. APS Industrial Building 100% leased. I IkJfP
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      288 54 Fulsin Plaza CHINA SHANDONG YANTAI ECONOMIC TECHNOLOGICAL DEVELOPMENT ZONE Q r "SB" From Ss4B per sq ft for residence/office Ss6o per sq ft for shopping mall units Yantai has a huge consumer market, Unit area range from 300 sq ft to 2000 sq ft excellent infrastructure, strategic =r geographical location
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      134 55 I u\*\~mi '""ni i y p —,> X jffi -> j'-'f H^Jj|i■ m»jrac Teleview offers all the essential information you need I •*w»ww mWm'WW w hen dealing in property. Mr Mrs Tan very At the of the property on the More they Institute This instantly provides the last 1 1
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      53 56 Create your own HOME 4.85%. MONTHLY REST fixed for the 1 st year up to 90% financing free legal fees for the mortgage no processing fee Call us at INVESTMENTS FINANCE LTD Robinson Road Ang Mo Kio Bedok MacPherson 221 9698 456 0588 445 9596 288 3555 221 9694 452
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      131 58 Our otker notable 1 he right property at -PI L LII accomplishments include the sale of the right price. I hat sums up the challenge we (ace at Richard Ellis everyday. The Alt Of The Deal Defined. Hagemeyer's Ulding site at $55.2 million Holdings, dedication have site i pv a
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