The Business Times, 10 June 1994

Microfilm: NL19382
Total Pages: 48
1 48 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    12 1 Business Times MITA(P) 010/12/93 Friday June 10 1994 WE KNOW ASIA 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow up 0.92 point
      49 1 Reuter NEW YORK Blue-chip stocks drifted lower yesterday. At Ipm EDT on the broader market, declining issues edged out advances 5-4 on NYSE volume of more than 151 million shares. At 2pm EDT, the Dow Jones Industrial Average stood at 3,750.37 up 0.92 point. Reuter
      Reuter  -  49 words
    • Article
      Lock icon US House lifts arms embargo on Bosnia
      42 1 AP WASHINGTON The US House of Representatives voted yesterday to unilaterally lift the arms embargo on Bosnia, despite President Bill Clinton's objections. The measure, passed 244 to 178, could be negated by a later amendment.
      AP  -  42 words
  • Article
    MARKET SUMMARY
    156 1 Stock market indicts Thursday Change ST1I 2,282.34 +16.69 KLSEComp 981.72 +12.41 Nikkei 21,402.78 +140.83 Hang Seng 9,190.64 -100.54 SET Index 1,387.40 +16.99 Jakarta Comp 484.9 unch CLSA China B ....1,094.00 -7.71 Aust All Ord 2,076.7 -3.0 FTSE 100 3,028.90 -9.3 Thursday Previous 2pm dose Dow Jones 3,750.37 3,749.45
    156 words
  • Article
    Govt to allow mobile phone, 3 pager operators to rival Telecom
    543 1  -  By Lee Han Shih Hock Lock Siew: Ng Teng Fong's march into manufacturing, Pg 17 SINGAPORE The government is going full steam ahead to deregulate the multibillion dollar telecommunication market, and will allow one mobile phone and three pager
    543 words
  • Article, Illustration
    China to overtake S'pore as YHS' main market in 2 years
    496 1  -  Company will set up new venture with Pepsi to invest in Indochina and China By Lee Han Shih SINGAPORE In two years, China will overtake Singapore as soft-drink maker Yeo Hiap Seng's biggest market. "Revenue from China will exceed
    496 words
  • Article
    YHS to move to Woodlands by mid-1997
    382 1  -  By Lilian Ang SINGAPORE Food and beverage maker Yeo Hiap Seng Ltd (YHS) plans to relocate its factories in Bukit Timah and Dunearn Road to Woodlands by mid-1997. Chairman Alan Yeo told BT yesterday that the group had already leased from the Jurong
    382 words
  • Article
    Lock icon HK stocks ease as rumours over Deng's health spread
    131 1 AFP. HONGKONG Hongkong stock prices slipped 1.08 per cent in lacklustre trading yesterday due to rumours over the state of health of Chinese leader Deng Xiaoping. The blue-chip Hang Seng Index lost 100.54 points to close the day's trading at 9,190.64.
    AFP.  -  131 words
  • Article
    Ong Beng Seng bids for Aussie music group
    323 1  -  From Florence Chong in SYDNEY ONG BENG SENG is one of 10 parties bidding for the venerable music and electrical retailer, Brash Holdings Ltd, which has 170 stores in Australia. Mr Ong, who has significant interests in the entertainment industry in Los
    323 words
  • Article
    Creative to launch share offer in S'pore over the weekend
    346 1  -  By Bernard Chew SINGAPORE Leading sound card maker Creative Technology will launch an offer of two million vendor shares over the weekend for a secondary listing on the Stock Exchange of Singapore. Company chairman and chief executive Sim Wong Hoo
    346 words
  • Article
    Lock icon Govt has no plans to hold polls soon: Mahathir
    336 1 NST, Bernama AFP MUAR, Johor The Malaysian government has no immediate plans to hold a general election even though conditions appear favourable now, Prime Minister Mahathir Mohamad said here yesterday. Pointing out that elections cost money, he said the government was
    NST,; Bernama; AFP  -  336 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      150 1 |The World's I jKfc^^BEChildren's r O*HKO*H IWNH BOUTtQUCS: I m .iC Jfli'UF" WW«» IV. w wnw ilk. wtmtiixip— MMMM nuHf ■< rnwM W MCMigmtatllM MWHH I STpcw News 2 S-pw'isa'lMa.W ftepml New 3.4.6 Financial 21.22 World News 7,8 Fwhwi Wartwts Analysis 15 Clob/KlS£. SES 26-28 Urtoral 14 fa**** 24 Sports
      150 words
    • Advertisement
      Page 1 Advertisements Column 2
      83 1 Advertising: Pg 12 A new World of Sports M'sia is No 2 on S'pore's export list SINGAPORE'S non-oil domestic exports to Malaysia surged by more than 130 per cent in April over the same month last year, according to Trade Development Board statistics released yesterday. Was it a mere aberration?
      83 words
    • Advertisement
      Page 1 Advertisements Column 3
      21 1 /?y Hock Lock Siew: Pg 17 Ay A J g Teng Fong branches (rut? Reactions to HK property measures, Pg 4
      21 words
    • Advertisement
      Page 1 Advertisements Column 4
      95 1 Theao ttom Line: Pg 16 Hobgoblins in the sky Luck runs out for Granite Bhd Chinese city closes entertainment centre full of slot machines supplied by Granite Industries Bhd Full report, Pg 17 ALFRED DUNHILL :l ■HBP?' "-ill 1 l s -v I I i Centenary watch 6y y)w%fuM toatcAes
      95 words
    • Advertisement
      Page 1 Advertisements Column 5
      7 1 Mm The Originator of Cultured Pearls Since
      7 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon A power dip
        305 2  -  By Teh Hooi Ling ELECTRICITY consumption by the manufacturing sector fell one per cent to 680.1 million kilowatt hours (kwh) in February compared with a year ago, Public Utilities Board figures show. The board generated 1.43 trillion kwh of electricity during the month, of which 1.34 trillion
        Source: PUB  -  305 words
    • Article
      Non-oil exports in April hit second monthly high
      436 2  -  Sudden jump of 131 pc in volume to Malaysia confounds economists By Schutz Lee THE VOLUME of Singapore's non-oil domestic exports hit its second consecutive monthly high in April, having grown by 27 per cent over a year ago to $7.5 billion.
      436 words
    • Article
      President in hospital for check-up
      123 2 PRESIDENT Ong Teng Cheong was admitted to the National University Hospital on Wednesday evening for a routine medical check-up, a statement from the Prime Minister's Office said yesterday. The check-up included an endoscopic examination of the stomach, colon and rectum. President Ong was then warded
      123 words
    • Article
      $150,000 reward for info on tourist killers
      269 2  -  By Corinne Kerk FOUR organisations have offered a reward totalling $150,000 to anyone who can provide information leading to the arrest and prosecution of the killers of a Japanese tourist in a Marina Square hotel this week. Fujii Isae, 49, was robbed and
      269 words
    • Article, Illustration
      Tokyu Scene wooing young professionals
      189 2 JAPANESE retailer Tokyu Department store reopened yesterday as Tokyu Scene at Funan Centre and hopes to attain sales of $27 million in its first year of operation. Occupying over 4,300 sq m at levels one and two of the building in North Bridge Road, Tokyu
      189 words
    • Article
      S'pore firm to hold food fair and exhibition in S Africa
      218 2 LOCAL company Bio Supreme Development is holding a food fair and exhibition, dubbed "The Singapore Experience", in South Africa this month. The event, costing more than $250,000, will mark the opening of the Singaporeowned Sammy Marks Convention centre in
      218 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      60 2 Protect Your Computer Investment. Buy An Epson. EPSON Jl APARTMENT LIVING E A 11 T\ 1 T ,r I r All Boxed Up. I 4 F—- ft* iSS^ It's about turning your flat into the home of your dreams. Horn# Improvement. Financial advice. j J Celebrity homee. ■fc- v More
      60 words
    • Advertisement
      Page 2 Advertisements Column 2
      39 2 Lff asked a stranger to a® count my cash." I J r °r«phone A SHieq vvaiut*- I nonesL r»n..K. m IM!| [\I U *'Ul H-h!* So ,t expf-- I T2 1 Nothing's to c.a/ts Straits Times 737-iu* 1 Classified.
      39 words
Page thumbnail Page 3
  • SOUTH-EAST ASIA
    • Article
      KL securities chief blames rumour mongers for market fall
      647 3  -  Gossip undermining market confidence: Dr Munir From No Kay Tat in KUALA LUMPUR MALAYSIA'S Securities Commission (SC) chairman Munir Majid yesterday refuted suggestions that it was the cause of the current stock market downturn, blaming ru-mour-mongering for the drop in stock
      647 words
    • Article, Illustration
      Lock icon Drawing support
      51 3 Reuter BANGKOK An artist and supporter of hunger striker Chalard Vorachat working on a poster denouncing Prime Minister Chuan Leekpai's government. Thousands of people on Wednesday staged a rally to support Chalard, who said he would fast until his demand for changes to the Constitution Bill were met.
      Reuter  -  51 words
    • Article
      Lock icon KL-London ties further hit by British minister's remarks
      325 3 Reuter, Bernama KUALA LUMPUR Relations between Kuala Lumpur and London ran into further problems yesterday with Malaysia demanding clarification of remarks made by visiting British Trade Minister Richard Needham. Malaysia wants Britain to clarify Mr Need ham's statement earlier this week that
      Reuter,; Bernama  -  325 words
    • Article
      Lock icon Indon infrastructure buckling under strain of growth: World Bank
      288 3 Reuter JAKARTA Indonesia's infrastructure is buckling under the strain of economic growth and needs heavy investment to support development. The World Bank, in a report obtained and published by Reuters yesterday, said that transport, telecommunications and urban services all needed heavy
      Reuter  -  288 words
    • Article
      M'sian-Thai-Indon power plant project in the offing
      152 3 KUALA LUMPUR Malaysian, Indonesian and Thai companies plan to jointly develop a power plant in south Thailand under the Northern Growth Triangle (IMT-GT) project. The Star newspaper yesterday said that Malaysia's Sikap Project Management Services, PT Bukaka Teknik Utama of Indonesia, and Thailand's
      152 words
    • Article
      Lock icon Asian dragons top investors in Ho Chi Minh City
      415 3 AFP, Reuter HANOI Asia's four "dragon" economies held their lead in investment in Vietnam's booming Ho Chi Minh City, which attracted more than half a billion dollars in the first five months of this year. The Vietnam News Agency yesterday said
      AFP,; Reuter  -  415 words
    • Article
      Lock icon Hoteliers rush to meet demand in booming city
      294 3 AFP HO CHI MINH CITY The city's biggest hotel operator has launched plans to double the number of hotel rooms in the former Saigon to catch up with demand that has sent prices soaring in Vietnam's economic centre. But Saigon Tourist's ambitions
      AFP  -  294 words
    • NOTE BOOK
      • Article
        Lock icon Foreign investment in Indonesia
        70 3 AFP JAKARTA Foreign investment projects approved between April 16 and May 15 increased by more than four times to US$l.B2 billion (552.78 billion) after declining during the previous monthly period. A spokesman of the Indonesian Investment Board yesterday said the government approved foreign investment projects during
        AFP  -  70 words
      • Article, Illustration
        Lock icon Shaping up nicely
        48 3 AFP SHAH ALAM A worker putting the final touches to the brand new US$lB4 million stadium in this town, south of Kuala Lumpur, yesterday. The 80,000-capacity stadium, Malaysia's largest and among the biggest in South-east Asia, is expected to be ready by July 16. AFP
        AFP  -  48 words
      • Article
        Lock icon Hanoi may devalue dong
        93 3 Bloomberg Business News HANOI Vietnam is considering a small, managed devaluation of its national currency but will not be pushed. A State Bank of Vietnam senior officer yesterday said: "We don't want to devalue the dong, although a small change may be possible." The State Bank,
        Bloomberg Business News  -  93 words
      • Article
        M'sian-Indon joint venture
        70 3 KUALA LUMPUR A Malaysian company has entered into a joint venture with an Indonesian firm to set up concrete product manufacturing facilities at a cost of Msso million (5529.5 million) under the Indonesia-Malaysia-Thailand Growth Triangle project. The Star newspaper on Wednesday reported that Atina Power System Sdn
        70 words
      • Article
        Lock icon IMF grants Vietnam US$51m
        53 3 AFP WASHINGTON The International Monetary Fund has granted two financial accords worth nearly US$5l million to Vietnam. The country will receive its second instalment of US$ 17 million from the economic system transformation facility and US$34 million in stand-by credits to help the government's economic programme
        AFP  -  53 words
    • Article
      Lock icon Indon union head charged with instigating turmoil
      187 3 AP, The Straits Times JAKARTA The chairman of a union not recognised by the government has been charged with instigating labour turmoil that left three people dead in North Sumatra in April, his union said yesterday. Much tar Pakpahan, general chairman of the
      AP,; The Straits Times  -  187 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      90 3 NETHERLANDS RVBI FOR MANAGEMENT Hl^EjPM^KKjUjjtM Tfl PREVIEW 119+9 weekends of clan sessions ia four Modules By the RVB Director, Completion hi 18 months Dr. M. S. S. El-Namaki 1A mix of lectures aid problem-based learaiag T?~ lu 1994 RW. Venae: Room 1002, NPB Building c#mpM ,n M itrickt Recognised International
      90 words
    • Advertisement
      Page 3 Advertisements Column 2
      249 3 What makes Jack's Place one of Singapore's favourite restaurants? It's not only our ambience and the affordable prices. It's because we serve our famous mouth-watering, tender. Juicy steaks just the way you like it, every time. 80, for a super deal in steaks, stick to Jack's. JUNE SPECIAL l AVAILABLE
      249 words
Page thumbnail Page 4
  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon World Bank approves loans for Beijing
        103 4 Reuter WASHINGTON The World Bank said on Wednesday that it has approved US$5BO million (*****.4 million) in loans for China to help it improve its transportation system and protect its forests. The first loan to China, for US$3BO million, will be used to build
        Reuter  -  103 words
      • Article
        Lock icon China puts brake on trade deficit
        81 4 AP BEIJING China succeeded in putting a brake on its trade deficit in May, with imports and exports for the month nearly in balance, according to partial figures released yesterday. The National Television News said the trade deficit from January through May was US$l.79
        AP  -  81 words
      • Article
        Lock icon Transforming HK's Walled City
        68 4 AFP HONGKONG Construction started yesterday on a HK$59 million (S$ 11.6 million) park on the former site of Hongkong's notorious Kowloon Walled City. Speaking at the ground-breaking ceremony, Pau Siu-hung, acting director of the government's architectural services, said the 3.1-hectare Kowloon Walled City Park will become
        AFP  -  68 words
      • Article
        Lock icon New civilian aircraft company?
        67 4 Reuter TAIPEI Taiwan's Parliament has given preliminary approval to draft regulations which will convert the island's military aircraft production centre into a state company making civilian planes, a parliamentary spokesman said here yesterday. The Aero Industry Development Centre, to be renamed Han Hsiang Aerospace Industry Co,
        Reuter  -  67 words
    • Article
      Lock icon Pro-China paper says HK govt's move insincere
      448 4 Reactions to Hongkong property measures Reuter HONGKONG A Beijingcontrolled newspaper yesterday attacked Hongkong government measures aimed at cooling home prices, saying they would push responsibility for the problem on to China after it takes over the colony. But local property tycoon Li Ka
      Reuter  -  448 words
    • Article
      Lock icon Patten rapped for blocking tax plan
      109 4 Bloomberg Business News HONGKONG Hongkong legislators have censured Governor Chris Panen for blocking a proposal to freeze property tax rates, the South China Morning Post said yesterday. Legislators voted 21 to 11 in favour of a motion to reprove him for acting against the
      Bloomberg Business News  -  109 words
    • Article
      HK property index falls by 2.1pc
      311 4  -  From Lim Soon Neo in HONGKONG PROPERTY stocks on the Hongkong market came under some selling pressure yesterday following the government's announcement on Wednesday of a package of measures aimed at cooling residential property prices. The property sub-index fell 339.68 points or 2.1 per
      311 words
    • Article
      China's investment road show a big hit in Australia
      387 4  -  Letters of intent signed for projects worth As2.sb From Brian Gomez in SYDNEY CHINA'S investment road show in Australia has been deemed a big success following the signing of letters of intent for more than 250 projects worth more than A
      387 words
    • Article, Illustration
      Lock icon A crisis on their minds
      69 4 Reuter BEIJING South Korean Foreign Minister Han Seung Joo (left) meeting his Chinese counterpart Qian Qkhen for talks yesterday at Beijing's State Guest House, as concerns mounted over Pyongyang's refusal to allow nuclear inspections. Beijing is going against the international tide, saying yesterday that patient
      Reuter  -  69 words
    • Article
      Lock icon Chinese army names 19 new generals
      155 4 AFP BEIJING The Chinese Communist Party's Central Military Commission has raised 19 officers to the rank of general, in the biggest promotion since the People's Liberation Army (PLA) restored ranks in 1988. The press yesterday reported that the number of generals rose from 23
      AFP  -  155 words
    • Article
      Lock icon Beijing gives green light to S Korean car imports
      313 4 AFP SEOUL China agreed yesterday to import South Korean cars but remained non-com-mittal on whether to allow foreign car companies to build factories and gain a foothold in its restricted auto market, officials said. At talks here with South Korean Trade
      AFP  -  313 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      235 4 Jit 1895 Victorian Engluntl I I I I IXI Book, Lyrics Music by Bob Nimmo H J W| 21-24 June 1994 The Mandarin Singapore Mandarin Ballroom B 1 W j The toe-tapping musical version i I Imm of the world's most celebrated comedy 1 1 |H|l premieres in Singapore as
      235 words
    • Advertisement
      Page 4 Advertisements Column 2
      86 4 THE RAFFLES I CONVERSATION "Why would I seek revenge? My sister is dead. She's dead. So what? What about my daughter? I have to build a future for her. I have to build the country for her." Ttoubng Saumura, deputy governor of the Cambodkn central bank, on why putting the
      86 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      577 5 El Even the shifts between gears of its four-speed J I automatic transmission are undetectable, thanks ven tnose to the digital-orchestration of an on-board computer. These arejust some of the refinements which Wk can be appreciated, not just in the programmable I #1 driver s seat but also in the
      577 words
Page thumbnail Page 6
  • REST OF ASIA
    • Article
      Lock icon Aussie jobless rate falls to three-year low
      358 6 Reuter SYDNEY Australia's unemployment rate has fallen close to a three-year low, according to official data yesterday, prompting Australia's Labor government to declare the country's economic recovery secure. Unemployment in May fell to 9.8 per cent, the first time the rate has dipped
      Reuter  -  358 words
    • Article, Illustration
      Lock icon India's ruling party roots for socialism ahead of polls
      454 6 AFP NEW DELHI India's ruling Congress (I) Party will return to its socialist moorings tomorrow at a convention seen as a build-up for Prime Minister PV Narasimha Rao ahead of crucial state elections. The two-day session will pass resolutions reiterating the
      AFP  -  454 words
    • Article
      Lock icon Japan says no to reverse engineering
      143 6 Knight-Ridder WASHINGTON Japan told the US on Wednesday that it has decided to shelve plans to authorise "reverse engineering" of computer software, effectively removing a thorny trade issue between the two countries. the Kyodo news service quoted Japanese officials as saying. "We consider the
      Knight-Ridder  -  143 words
    • Article
      Liberal Party chief wants to reduce foreign investment in Australia
      353 6  -  From Brian Gomez in SYDNEY THE recently installed leader of Australia's opposition Liberal Party, Alexander Downer, has expressed a desire to wind back the growing level of foreign investment in Australia. The apparent change in policy direction, following at least
      353 words
    • ASIA NOTES
      • Article
        Lock icon Keating accused of influencing the press
        96 6 AFP SYDNEY Australian Prime Minister Paul Keating was accused of trying to improperly influence a major newspaper group by a parliamentary report into the print media released yesterday. A Senate inquiry found there was evidence to support claims that Mr Keating tried to influence
        AFP  -  96 words
      • Article, Illustration
        Lock icon Last chance to enjoy tax-free tobacco
        49 6 Reuter RAWALPINDI, Pakistan A Pakistani man testing tobacco in a hookah, or hubble-bubble, before buying at a shop in Rawalpindi bazaar on Wednesday. Tobacco, a tax-free alternative to cigarettes, may fall into the net with the introduction of a general sales tax. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Japanese firms urged to lower salaries
        95 6 AFP TOKYO A major Japanese business group has urged companies to lower starting salaries so they can hire more new graduates and help improve the country's eroding employment situation. The step can" be a "temporary, emergency measure" to assist new graduates having a hard
        AFP  -  95 words
      • Article
        Lock icon NZ minister hints at future tax cuts
        76 6 Bloomberg Business News WELLINGTON New Zealand Finance Minister Bill Birch has suggested tax cuts "a little further out" may be included in the budget for the fiscal year that begins on July I, the Dominion newspaper reported. Mr Birch said surpluses for the
        Bloomberg Business News  -  76 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      854 6 t o* (MND) MOSCOW NARODNY BANK LIMITED *Incorporated in London in 1919 as a private limited company STATEMENT OF ACCOUNTS FOR THE YEAR ENDED DECEMBER 31,1993 CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT As at 31, December 1993 As at 31, December 1993 1993 1992 1993 1992 Note £000
      854 words
Page thumbnail Page 7
  • THE WORLD
    • Article
      Lock icon Clinton to fight any Congress bid to impose China sanctions
      456 7 AFP WASHINGTON US President Bill Clinton will fight any congressional effort to impose sanctions on China because of its human rights record, an administration official said on Wednesday. "We will oppose any effort to reverse the president's decision" to drop
      AFP  -  456 words
    • Article
      Lock icon UK employers must consult staff when planning redundancies: court
      241 7 FT, AFP LONDON British employers will for the first time face a statutory obligation to inform and consult with employees when planning more than 10 redundancies, or if they transfer employees from one business to another, following two rulings by the
      FT,; AFP  -  241 words
    • Article, Illustration
      Lock icon Nato seeks closer ties with Russia, but throws in caveat
      334 7 Reuter ISTANBUL The North Atlantic Treaty Organisation (Nato) signalled yesterday that it wanted closer ties with Russia but said this must not lead to new divisions in Europe or give Moscow any right to influence the alliance's decisions. Nato foreign
      Reuter  -  334 words
    • WORLD WATCH
      • Article
        Lock icon Death threat linked to Polly Peck saga
        108 7 Reuter LONDON British accountancy firm Coopers Lybrand said yesterday it believed an attack and death threat in Istanbul on one of its partners were linked to a battle over assets of fugitive Asil Nadir's collapsed Polly Peck empire. Two Turkish men jumped Chris
        Reuter  -  108 words
      • Article
        Lock icon Poll may spell disaster for Major
        126 7 Reuter LONDON Polling opened in Britain yesterday for European Parliament elections that could spell disaster for the ruling Conservatives and once again revive speculation about Prime Minister John Major's future. In a crushing blow to Mr Major's hopes, an opinion poll in The limes
        Reuter  -  126 words
      • Article
        Lock icon Espy under investigation
        128 7 AP WASHINGTON The United States Justice Department is investigating whether Agriculture Secretary Mike Espy took free travel, lodging and tickets to sports events from Tyson Foods lnc, a poultry company with close ties to President Bill Clinton. Mr Espy's spokesman Steve Kinsella confirmed on Wednesday that the
        AP  -  128 words
    • Article
      Lock icon Poland says no to Krakow outlet for McDonald's
      173 7 AFP KRAKOW, Poland Polish authorities have refused permission for McDonald's fast food chain to open an outlet in the heart of mediaeval Krakow after fierce protests from local conservationists. The national heritage curator Tadeusz Zielniewicz has endorsed a decision by his counterpart
      AFP  -  173 words
    • Article
      Lock icon Greenspan finds support for low inflation in new Fed study
      824 8 NYT WASHINGTON Federal Reserve chairman Alan Greenspan has found another argument to justify the Fed's attempts to shove inflation ever lower with repeated increases in short-term interest rates. Buttressing his argument with a new Federal Reserve study, he is contending
      NYT  -  824 words
    • Article
      Lock icon US Chamber of Commerce sees recession next year
      112 8 Bloomberg Business News WASHINGTON The US Chamber of Commerce said it sees an increased chance of recession next year because the Federal Reserve raised interest rates four times this year. "We were due for some economic slowing anyway, but the higher interest
      Bloomberg Business News  -  112 words
    • Article, Illustration
      Lock icon Berlusconi offers companies tax breaks in bid to boost economy
      375 8 Reuter ROME Prime Minister Silvio Berlusconi's new government introduced a series of tax breaks for companies on Wednesday aimed at driving the economy back to health and cutting the country's growing numbers of jobless people. The measures fulfil the first
      Reuter  -  375 words
    • Article
      Lock icon Foreign investment in US firms up 71pc last year
      230 8 AP WASHINGTON Foreign investors spent U5526.2 billion (Ss4o billion) in 1993 to buy or set up companies in the United States, a 71 per cent jump from the previous year. The Commerce Department said the rise in spending was the first
      AP  -  230 words
    • Article
      Lock icon US wants bigger bite of Tokyo's overseas devt aid
      454 8 AFP, AP TOKYO Washington wants a bigger share of Japan's overseas development assistance going to American companies, Commerce Undersecretary Jeffrey Garten said yesterday. Mr Garten said Japan was now "in the same league as the World Bank", given its annual disbursements
      AFP,; AP  -  454 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      175 7 1 m On our First and Business Classes, entertainment on as many as 11 inflight name it. All regularly updated. All After all, we did recently win the we can't promise that you'll always be channels. In addition, Qantas First uncensored. And all to be viewed at Avion Gold Award
      175 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      1391 8 LIAN HUAT HANG FINANCE LIMITED (Incorporated in the Republic of Singapore) 4. Find >mii BALANCE SHEET AS AT 31 ST DECEMBER 1993 oepreclatton Mote 1993 1992 Accumulated Not Book charged I Cost Depreciation Value (or FM Assets 4 67,027 93,221 1993 t V" Wrt Purchese Debtors 5 2,799,297 1,975,311 Furniture
      1,391 words
Page thumbnail Page 9
  • SPORTS
    • Article, Illustration
      Lock icon Rockets draw first blood in opener
      844 9 NBA Finals AP, Reuter HOUSTON The Houston Rockets won the opener of the NBA Finals 85-78 on Wednesday night in the kind of game the New York Knicks wanted. The Rockets had a 77-65 lead with 8:53 left and that dwindled to three with
      AP,; Reuter  -  844 words
    • Article, Illustration
      Buick Classic's ball-engulfing club-grabbing rough course
      541 9 Golf HARRISON, New York Small, slippery greens, right, hilly fairways. And rough. Ballengulfing. club-grabbing. ankletiekling rough. The west eourse at the Westchester Country Club looks like a US Open course and players say that makes this week's US$l.2 million (SSI.B million) Buick Classic a
      541 words
    • Article
      Lock icon South Africa's rugby squad a reminder of white rule
      475 9 Reuter JOHANNESBURG A northern European rugby team plays one from Africa. Most of the blacks will be in the African side, right? Wrong. The 30-strong England squad touring South Africa contains four blacks, three of them of Nigerian origin. At the
      Reuter  -  475 words
    • Article, Illustration
      Lock icon World Cup means very big business to corporate America
      574 9 Reuter NEW YORK, While the prospect of a month of World Cup soccer sends many Americans to sleep, the corporate giants woke up long ago. The 24-nation June 17 to July 17 competition is the world's largest single-sport event and, with
      Reuter  -  574 words
    • SPORT SHORTS
      • Article, Illustration
        Athletics
        132 9 ROME lAAK Rome Grand Prix, selected results Tuesday Men's Hammer I Igor Astapkovich (Bcla) 83.14 m 2 Andrei Abduvaliyev (Taj) 79.36 3 Yuri Chernego (Rus) 76.74. 400 hurdles: 1 Samuel Matetc (Zam) 48.11 2 Stcphanc Diagana (Fra) 48.45 3 Winthrop Graham (Jam) 48.71. 400 m: I Samson Kitur (Ken)
        132 words
      • Article, Illustration
        Lock icon Basketball
        97 9 Reuter ATHENS Star basketball player Toni Kukoc may be on his way back to Europe with Greek club Panathinaikos said to interested in signing the Croat from the Chicago Bulls. Greek newspapers said Kukoc's manager Lutsiano Capikioni would arrive in Athens later on Wednesday to discuss transfer prospects with
        Reuter  -  97 words
      • Article, Illustration
        Baseball
        66 9 NEW YORK Major Wednesday American: Detroit 14 Boston 5; Chicago 3 Toronto 2; California 5 Minnesota 4; Texas 6 NY 5; Kansas City 4 Baltimore 6; Oakland I Milwaukee 6; Seattle 3 Cleveland 5. National: Atlanta 5 San Diego 2; St Ix>uis 8 Cincinnati 2; Colorado 5 NY 4;
        66 words
      • Article, Illustration
        Lock icon Cricket
        254 9 AFP BIRMINGHAM Warwickshire chief executive Dennis Amiss admitted on Wednesday the club may decide to part with West Indian run machine Brian Lara, l.ara, who scored a world record 501 not out against Durham on Tuesday, has initially joined the F.dgbaston club for one season and will tour England
        AFP  -  254 words
      • Article, Illustration
        Rugby
        34 9 WELLINGTON France beat second division Northland 28-23 in the first game of their eight-match tour of New Zealand on Thursday. HAMILTON, Ontario Wales beat Canada A 28-19 in an international match on Wednesday.
        34 words
      • Article, Illustration
        Lock icon Soccer
        120 9 AFP MANCHESTER Manchester United chairman Martin Edwards told Inter Milan yesterday to forget any thoughts of enticing Eric Cantona from Old Trafford. The Italian giants are said to be ready to offer Dutch marksman Dennis Bergkamp in a multi-million pound exchange for French star Cantona who last season starred
        AFP  -  120 words
      • Article, Illustration
        Lock icon Tennis
        472 9 AFP IjONDON Wimbledon champion Pete Sampras caused a stir as he unveiled a new line in tennis shorts at the Queen's Club tennis tournament here on Wednesday. The American was not exactly in commanding form in his second round clash with Jonas Bjorkman, but the loss of the second
        AFP  -  472 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      215 9 I i^ >;<.. QC JSe&A Master Zhao Chen Yuan will b« pru—t la ptrm to tak about antique docks as wel as to demonstrate dock repair. #200 antique docks from China, Germany, France, Japan, America and England. These antique docks range from 50 years to 180 yean old. Amongst the
      215 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      981 10 Nothing BeatsAßud. BHffifl where to wihe, dine and entertain r»IWo or FRESHi .PASTA Al LY. From Pasta Fresco. Tho only restaurant to make Its own speciolty pasta. Fresh, everyday. Savour perfect pizza, great JMUt'. gelati and terrific tiramisu. All topped wittWtaNan hospitality. Pasta Fmco Da Sahotort Pit Ltd i 30
      981 words
    • Advertisement
      Page 10 Advertisements Column 2
      282 10 11/HOllgllo IjsllOUgll. 11/I10Ugll« "Enougfi is enough. 35 appetisers, 20 desserts' plus 6 main courses. 'When our guests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they always endup conceding that they ve had more than enough. Come try it to believe. IQO
      282 words
Page thumbnail Page 11
  • LIFESTYLE
    • Article, Illustration
      Lock icon A city the car built
      800 11  -  A showcase of American cars of the '50s opens in Los Angeles tomorrow Elaine Louie gives a preview of the museum for... Elaine Louie NYT American cars of the *****, the Petersen Automotive Museum, which opens in Los Angeles tomorrow, has fins: 10 grey steel
      NYT  -  800 words
    • Article
      Interactive mime
      570 11  -  Singapore Festival of Arts Claire Leow is bowled over by Israeli Hanoch Rosenn's consummate mix of media and art forms Claire Leow YOU have heard of interactive TV and interactive computing but have you heard of interactive mime? Israeli Hanoch Rosenn could teach you a thing or two.
      570 words
    • Article, Illustration
      Lock icon Domingo as artistic director of Washington Opera?
      312 11 AP Reuter AP AP TENOR Placido Domingo is likely to be named artistic director of the Washington Opera, according to a report in The Washington Post. The company is in final negotiations with Domingo, one of the leading men of opera, the Post
      AP; Reuter  -  312 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1347 11 TV RADIO Eric Stoltz wonderful f boy with a hideously deformed skull trying to lead a normal IfiEftfeJI life. It's not easy, since mum is /J^T '1" .jhjU Cher, who has a schmaltzy re- t'j t*mV~* Sfl^C&raflil lationship with biker Sam Elliot. whose bike gang become A* V^^Kaft the boy's
      1,347 words
Page thumbnail Page 12
  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Changing the boring image of sports shops
      557 12  -  The World of Sports chain of stores has embarked on a new marketing strategy. Managing director Danny Tan tells Corinne Kerk all about it Corinne Kerk WINDS of change are blowing through the World of Sports (WOS) and the man behind it is
      Photo by Chris Loh  -  557 words
    • Article
      Lock icon Former Viet student firebrand turns attention to new campaigns
      666 12  -  A former student agitator runs one of Vietnam's fastest expanding advertising agency, The Youth Advertising House. Robert Templer reports Robert Templer AFP NGUYEN Qui Cap once spent his days stirring up demonstrations against the South Vietnamese government but now the former
      AFP  -  666 words
    • Article, Illustration
      Taking aim at women, youth
      913 13  -  Motorola is focusing its marketing strategy on two large and relatively untapped markets. Juliette Walker reports Juliette Walker TELECOM equipment manufacturers have left women and youth on the sidelines for years in their race to reach the market for mobile phones and pagers. But no
      913 words
    • Article
      Lock icon Brand names threaten to quit Britain
      650 13  -  Some companies are considering withdrawing their investments in the UK because of copycat products. Kirstin Ridley reports Kirstin Ridley Reuter Manufacturers of leading brands are sharpening their swords in an increasingly bitter British battle to protect what they insist is the "real thing". Angry
      Reuter  -  650 words
    • COPY LINES
      • Article
        MD wins $250,000 Visa travel prize
        53 13 SINGAPORE The managing director of a printing company has won $250,000 worth of travel and entertainment expenses in Visa International's Four Corners of the World promotion. Danny Wong of Hock Cheong Printing, an OUB Visa cardholder, will have up to the year 2003 to
        53 words
      • Article, Illustration
        Jaeger-LeCoultre holds exhibition
        36 13 SINGAPORE Swiss watchmaker Jaeger-LeCoultre recently held an exhibition of original hand-painted watches by its Paris-based designer Janeic Deleskiewicz. Deleskiewicz has been styling watches for JaegerLeCoultre since 1987, including the 60th anniversary Reverso (right).
        36 words
      • Article
        Lock icon Business Week drops ad agency
        91 13 NYT NEW YORK Business Week said recently that it had ended its relationship with Ted Chin Co, which had handled the magazine's trade advertising account for the last two years. Billings were estimated at US$2 million (Ss3.l million) to US$3 million. David Ferm, who was
        NYT  -  91 words
      • Article
        Lock icon NBA marketing arm picks agency
        77 13 NYT NEW YORK NBA Properties, the marketing arm of the National Basketball Association, said on Wednesday that it had selected Berlin Wright Cameron as the first agency to handle consumer and trade advertising for its consumer products group, the league's licensing division. Billings are estimated
        NYT  -  77 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      83 12 WZI, a a |VCv v k v Breathtaking monuments, beautiful artforms, L L and the splendor of the sultanate have iHiff long drawn pilgrims to Yogyakarta Soon Central Java's cultural heart will celebrate B^HV^HRjMflflPflnP the arrival of a splendid five-star hotel that reflects its grand heritage. Opening July 1994, Melia
      83 words
    • Advertisement
      Page 12 Advertisements Column 2
      263 12 For over two decades Singapore Business has covered the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than l| v/Nl jf any other publication. Some may call it an unfair LJ UI 11\ /I advantage. We at Singapore
      263 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      134 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-80Q-741-1883 FAX: 741-1298 I BZW FUTURES (SINGAPORE) I I PRIVATE LIMITED I We are the futures broking subsidiary of Barclays, a I fl major British bank, and have vacancies for: fl Requirements: 9 fl Good knowledge of SIM EX and overseas markets fl Futures Trading
      134 words
    • Advertisement
      Page 13 Advertisements Column 2
      299 13 P FOR THE RAT RACE A mug of Sustacal Chicken every morning keeps you one step ahead of the pack. You see, it's a nutritionally complete food drink, which means that although it's a drink, Sustacal Chicken contains all the essential nutrients of a complete and balanced meal. And although
      299 words
Page thumbnail Page 14
  • Article
    The forgotten art of creating jobs
    483 14 WHAT should be done about global joblessness and the grim outlook for job creation? That was the burning question facing delegates at two important gatherings in Europe this week, coincidentally held at the same time. One was the annual ministerial meeting of the 25
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Aviation crisis in China
      175 14 WHAT will it take before the Chinese authorities get serious about airline safety, or rather, the appalling lack of it? Its worst air accident, the crash in Xian which killed 160 people on Monday, joined a string of crashes that had prompted the International Airline Passengers
      175 words
    • Article
      Funding city services adequately
      161 14 KUALA LUMPUR's metamorphosis into a fullyfledged garden city and a city of lights is still some way off. While achieving that objective is exciting and is the kind of stuff that captures the imagination, it is the mundane and the ordinary, and therefore slightly dull, which
      161 words
    • Article
      Alarming precedent
      201 14 OPENNESS is fundamental to Hongkong's common law system. Its strength, like that of the English legal system from which it grew, is that justice is not only done but is seen to be done. Unlike in authoritarian states, where cases are often tried in secret and neither the
      201 words
    • Article
      Protectionism by another name
      168 14 IT IS becoming clearer that some Western countries are employing the so-called noble approach to human rights by attacking the fundamental rights of workers in developing countries. By coercing a world forum like the International Labour Organisation to adopt "social clauses" in outlining workers' rights the
      168 words
    • Article
      Japan draws closer to Asia
      172 14 ACCORDING TO the latest economic forecast by the Pacific Economic Cooperation Council, the Asia Pacific region will continue to grow at 4.2 per cent even though the world economy will grow by an estimated 3 per cent for the next two years. This has prompted
      172 words
    • Article
      All eyes on China now
      161 14 DURING the course of its often acrimonious row with the United States over trade privileges, China loudly proclaimed that its cards were laid out on the table if US firms wanted access to its potentially huge market, their government would have to stay out of
      161 words
  • Article, Illustration
    Living on borrowed time
    991 14  -  Anthony Rowley says Tsutomu Hata had better decide his political strategy quickly Anthony Rowley The writer is BT's Tokyo Correspondent LIKE a prisoner awaiting execution who wishes to prolong indefinitely his last breakfast, Japanese Prime Minister Tsutomu Hata seems happy that parliamentary debate on the fiscal
    991 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      41 14 ■r 1 Business Times Times Howe, 390 Kim Seng Road (0923). Phone: *****11. Telex: RS *****. Fax:733-5271 Chief Operating Officer: Denis Tay Group General Manager (Production): Chew Keng Juea Ii J VaS Group General Manager (Marketing): Than, lha, War Night EiUorTohTjkSun
      41 words
    • Advertisement
      Page 14 Advertisements Column 2
      406 14 HIGHGATE N6 TEN APARTMENTS IN LONDON'S MOST PRESTIGIOUS NEW DEVELOPMENT HAMPSTEAD HEATH. leasehold apartments, is situated in what many people believe to be the most favoured of London's residential locations. to its popularity as a place rjlf that Londoners aspire to Highgate one of the regions that traditionally shows the
      406 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      78 14 x l HOT rxjcn >T'S R STEADY STte£p*m ISN'T mR. BRi'sttdw f\ messy \PPom twe subconscious... y ihdividupl.?■ LOOK *T-me N \f OF ms DGSK- DOOOULS ftli OV€R 1T... cnesTO*-fleJ3?>/ ORGPtmsf*r>oN UPtfC. KICK P*«M... SCRRTCH- Wu... /s>-, r mV^I U>H*T Do *3U QF THfVT ooi camocmtw)wmwi*tnLTD,mmw I DOONESBURY GARRY TRUDEAU
      78 words
Page thumbnail Page 15
  • ANALYSIS
    • Article, Illustration
      The hassles of making a buck in China
      1150 15  -  Ren Caifang presents the findings of an official survey on how foreign-funded enterprises are faring in China. the problems they face and the domestic investment climate Ren Caifang The writer is a senior statistician at the State Statistical Bureau in Beijing. He
      1,150 words
    • Article
      Wall Street's win on those China listings — a Pyrrhic victory?
      1062 15  - Wall Street's win on those China listings a Pyrrhic victory? Bill Austin says China's lax accounting and disclosure standards could tnrow up some surprises for the underwriters Bill Austin WHEN Beijing announced plans in January to sell newly-listed shares of 22 state enterprises in overseas markets, it set off a
      1,062 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      145 15 In fact, at the ANA hotel the loudest sound likely to disturb you is the dulcet tones of our musical ensemble. Or perhaps the tinkle of delicate glassware and crockery as one of our invisible waiters swishes past your ear. Throw in elegant wood panelling, muted tapestries, a location in
      145 words
Page thumbnail Page 16
  • Article
    Lock icon US businesses plan to jack up capital spending by 8.3pc
    441 16 Bloomberg Business News AP WASHINGTON US businesses plan to increase spending on their plant and equipment by 8.3 per cent this year, the biggest gain in five years. The Commerce Department, in an upward revision of its previous estimates, yesterday
    Bloomberg Business News; AP  -  441 words
  • Article, Illustration
    Lock icon Dr Clinton
    43 16 Reuter OXFORD, England US President Bill Clinton showing his honorary Doctor of Civil Law Diploma as he walks with Lord Jenkins after receiving his degree yesterday. Mr Clinton attended the University College of Oxford from October 1968 to June 1970. Reuter
    Reuter  -  43 words
  • Article
    Lock icon Easier credit helps China's industry keep up fast pace
    324 16 Bloomberg Business News, AP BEUING China's industrial output continued to grow rapidly in May, fuelled by a relaxation in the central bank's tight credit policy. The State Statistical Bureau yesterday reported that industrial output grew 17.3 per cent in May from
    Bloomberg Business News,; AP  -  324 words
  • Article
    Lock icon KL wants foreign electronic firms to raise local content
    324 16 AFP KUALA LUMPUR Malaysia, one of the world's biggest electronic component exporters, yesterday said it wanted foreign electronic companies to increase local content in their products to qualify for tax incentives. "The basic thrust of the policy is to diversify the
    AFP  -  324 words
  • Article, Illustration
    Could the hole in the ozone really be a hobgoblin?
    828 16  -  The Bottom Line PAUL ROBERTS PAUL ROBERTS The writer is chairman of the Washington-based Institute for Political Economy. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. GET ready for a big hit on
    828 words
  • Article
    Lock icon IAEA set to impose first penalty on North Korea
    415 16 Reuter, AFP, AP VIENNA The International Atomic Energy Agency (lAEA) was poised yesterday to impose the first penalty on North Korea, suspected of secretly building nuclear bombs. A draft resolution sponsored by 18 of the 35 member countries on the lAEA's
    Reuter,; AFP,; AP  -  415 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      206 16 Hush Puppies America's most comfortable shoes |§jgp Licemoc: BrowingSportt Far Ea»t Pte Lid Td:474W» p I si ■yjijk s K| ißt im m I TLI W I fl Hfl M V J m Ife G y If 1 1 I B A 1 Because when you stay at Amara HH
      206 words
    • Advertisement
      Page 16 Advertisements Column 2
      8 16 B= the w® 5 Pcurrent IF oppose 111
      8 words
    • Advertisement
      Page 16 Advertisements Column 3
      42 16 Puppies America's most comfortable shoes Licenjee: Browning Sparta Far Cut Pic Ltd Td: 474NM SINGAPORE KUALA LUMPUR NGHANN 006 ON TOWERS MENMAMAC Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-*****76 MBCENTRE Operate A Business From Home? We give complete eupport/addrew/dedicated phone Ca*****5240
      42 words
Page thumbnail Page 17
  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 17 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6nm yesterday. Overnight events may alter sentiment Brokers pollea: Alliance, Baring, Daiwa. Kay llian. Morgan Grenfell. Phillip, Smith New Court, Vat Lee. and Warburg.
        40 words
      • Article, Illustration
        HOT STOCK
        133 17  -  By Quak Hiang Whai Lum Chang Holdings has been trending downwards since last December. But it is slowly gaining support. Notice the last two bottoms are nearer compared to previous bottoms as the stock traded towards $1.40. While the weekly chart shows the downward trend is not complete,
        133 words
    • Article
      Lock icon Luck runs out for Granite as Chinese city shuts game centre
      469 17 Bloomberg Business News HARBIN, China Officials in the north-east Chinese city of Harbin have shut an entertainment centre supplied with slot machines from Malaysia's Granite Industries Bhd, said a city official. The centre was breaking China's gambling laws, said
      Bloomberg Business News  -  469 words
    • Article, Illustration
      Daimler-Benz sets price for global rights offer at 640 marks
      263 17  -  By Juliette Walker SINGAPORE DaimlerBenz yesterday set the subscription price for its global rights offering at 640 deutschemarks (SSSB7), or 80 per cent of the closing price of its stock on the Frankfurt exchange on Wednesday. The rights issue will
      263 words
    • Article
      Lock icon Township outside KL may cost M$15b to build
      205 17 Bernama KUALA LUMPUR Lembah Beringin township, a Land and General Bhd (L&G) 70-30 joint venture with Kuala Lumpur Kepong Bhd, will cost between Msl2 billion (Ss7 billion) to MS IS billion to build. Financing for the green concept township, to be developed
      Bernama  -  205 words
    • Article
      Orchard Parade may be spearheading Teng Fong's march into manufacturing
      898 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Suddenly, Ng Teng Fong's listed Orchard Parade Holdings (OPH) is looking like a company in a hurry. But where is it going? OPH first came into the limelight a few weeks ago
      898 words
    • Article
      Inno-Pac to develop M$22m warehouse project in Malaysia
      223 17 SINGAPORE Singaporelisted paper trading and fast-food group Inno-Pacific Holdings plans to develop a warehouse and factory in Malaysia for as much as MS22 million. Inno-Pac said yesterday its 70 per cent-owned subsidiary Spicers Malaysia would acquire a 5.2 ha site in Klang,
      223 words
    • Article
      Jurong Cement enjoys 67.8pc rise in earnings
      217 17 SINGAPORE Jurong Cement yesterday reported a 67.8 per cent increase in net earnings for the year to March 31 and has declared a 15 per cent dividend which will be paid on Aug 16. Net earnings at group level increased to $18.6 million
      217 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Singmarine unit wins two deals
          83 18 SINGAPORE Singmarine Industries, through subsidiary Aluminium Craft (88), has clinched two contracts worth $10.3 million. Singmarine yesterday said Aluminium Craft will build a $6.8 million catamaran ferry for Lungwei Passenger Transportation Co of Guangdong, China. The second contract, worth $3.5 million, is for the construction
          83 words
        • Article
          IPC gets ISO 9002 accreditation
          35 18 SINGAPORE IPC Corp said yesterday it had been awarded the ISO 9002 accreditation. The award aligns the company's R&D, manufacturing, sales, marketing and management operations with worldwide quality assurance standards.
          35 words
        • Article
          SIA unit director's sell-off
          28 18 SINGAPORE Singapore Airlines has announced that Richard Chong, a director of several SIA subsidiaries, sold 40,000 SIA shares at $7.80 a share on Tuesday.
          28 words
        • Article
          NatSteel buys more of associate's capital
          53 18 SINGAPORE Nat Steel has acquired a further 10,092 shares of Msl each in the capital of Southern Steel, an associate company incorporated in Malaysia. Nat Steel now has an aggregrate of 61.067 million ordinary shares representing about 21.8 per cent in the issued capital
          53 words
        • Article
          Ong Beng Seng ups stake in HPL
          65 18 SINGAPORE Property tycoon Ong Beng Seng said yesterday he acquired 150,000 Hotel Properties Ltd Warrants 1998 between May 23 and 27 at an average price of 1.32 in the name of his wife Christina. With these shares, Mr Ong's total deemed interest in
          65 words
        • Article
          SBS converting to scripless trading
          73 18 SINGAPORE Singapore Bus Service says an exercise to convert its shares to scripless trading started on June 1. The conversion deadline is June 27. SBS said shareholders and custodian receipt holders who had yet to deposit share certificates and custodian receipts should do so quickly
          73 words
        • Article
          Lock icon South Malaysia returns to the black
          97 18 Bernama KUALA LUMPUR South Malaysia Industries Bhd returned to the black with group pre-tax profit of M 55.93 million (553.5 million) for the year ended Dec 31, 1993, from a pre-tax loss of M 53.30 million registered in 1992. Releasing its results here yesterday,
          Bernama  -  97 words
        • Article
          Lock icon Trans water's profit up 17pc
          67 18 Bernama KUALA LUMPUR Transwater Corporation Bhd registered a group pre-tax profit of M 54.89 million (552.88 million) for the year ended Feb 28, 1994, up 17 per cent from M 54.20 million recorded during the same period in 1993. Releasing its unaudited results here yesterday,
          Bernama  -  67 words
        • Article
          Lock icon Sungei Way group buys new software
          101 18 Bernama KUALA LUMPUR The Sungei Way group yesterday signed an agreement with JD Edwards Company and IBM Corporation for the purchase of MS 1 million (*****,00) in software. In a statement issued here, it said the agreement to purchase the JD Edwards application software
          Bernama  -  101 words
      • Article
        Lock icon Affin Holdings' pre-tax profit jumps to M$129m
        181 18 Bernama KUALA LUMPUR Affin Holdings Bhd's group pre-tax profit ballooned to MS 129.11 million (5576.17 million) for the year ended Dec 31, 1993, up more than 680 per cent from M$ 16.51 million registered in 1992. Affin said group turnover jumped 257.5 per
        Bernama  -  181 words
      • Article
        UNIT TRUSTS & FUNDS
        504 18 UNIT TRUSTS FUNDS ftUMf**'»**.($) Jun 10 UMB Invest Mgt Ltd »i IIkU Tnui Unifund 1.43 1.49 Singapore umi irusi umbo«d+ 103 1.055 The Commerce 1.65 l.75xd United Gr Fund! 1.68 1.74 The Savings Fund 1.53 1.62 United Asia Fund 1.66 1.76S'porc Prog Fund 0.69 0.73 S'porc See Fund 1.03 1.09
        504 words
      • Article, Illustration
        Indon plastic goods company plans IPO to raise 65b rupiah
        533 18  -  By William Chia SINGAPORE PT Langgeng Makmur Plastic Industry, one of the top three producers of plastic houseware goods in Indonesia, is planning to raise 65 billion rupiah (5545.9 million) in an initial public offering. Company president director Hidayat Alim,
        533 words
      • Article
        Lock icon Metacorp switches to rights issue plan for land purchase
        223 18 Bernama KUALA LUMPUR Metacorp Berhad has now proposed a four-for-one rights issue to raise cash to finance a land purchase in Malacca, after an application to pay for the land through a share issue was rejected by the Securities Commission. The
        Bernama  -  223 words
      • Article
        Lock icon Shanghai A-share index falls as investors dump takeover target
        532 18 Many dismiss takeover as a speculative move Reuter SHANGHAI The Shanghai A-share index fell yesterday to a 1993 low as disbelieving investors ignored talk of a takeover and dumped shares in the target company. An unlisted property and transport company in
        Reuter  -  532 words
      • Article
        Lock icon Tenaga to take 20pc stake in Sikap Energy
        274 18 Bernama KUALA LUMPUR Tenaga Nasional Bhd proposes to take up 20 per cent equity in independent power producer Sikap Energy Ventures Sdn Bhd for a total of MS 187.33 million (SSI 10.72 million). A TNB statement, dated May 27, said the company
        Bernama  -  274 words
      • Article
        Lock icon Shangri-La Asia to buy stakes in eight China hotel projects
        351 18 Bloomberg Business News HONGKONG Hotel and real estate group Shangri-La Asia said it is acquiring stakes in eight hotel and real estate developments or projects in China for HK5647.7 million (SSI2B million) from its controlling shareholder, the Kuok Group. It
        Bloomberg Business News  -  351 words
      • Article
        Lock icon IGB plans to build second hotel in Ho Chi Minh City
        477 18 Bernama KUALA LUMPUR Proper-ty-based IGB Corporation Bhd, which is developing an international hotel in Ho Chi Minh City, plans to build a second hotel in the Vietnamese city soon. Executive director Tan Boon Gark said the company is looking
        Bernama  -  477 words
      • Article, Illustration
        Lock icon Diversification move paying off, says UMW chairman
        309 18 Bemama KUALA LUMPUR UMW Holdings Bhd's decision to diversify two years ago to key growth areas such as transportation, infrastructure and services has turned out to be right. Its chairman, Zakaria Mohd Ali, said the three sectors were still key growth areas in
        Bemama  -  309 words
      • Article, Illustration
        Lock icon Two NZ firms slam tax allegations
        371 19 Brierley Investments says it has nothing to hide; Lion Nathan says tax scheme never took place Bloomberg Business News WELLINGTON Two of New Zealand's largest companies have condemned the release, under parliamentary privilege, of documents relating to the use of the Cook Islands as
        Bloomberg Business News  -  371 words
      • Article
        Lock icon IBM wants judge to disqualify himself
        325 19 Bloomberg Business News NEW YORK International Business Machines Corp on Wednesday asked the judge who has presided over the computer maker's anti-trust suit for four decades to disqualify himself from the case. The motion, filed in a federal court in Manhattan, followed a conference
        Bloomberg Business News  -  325 words
      • Article
        Lock icon US firms win time in fight over share options
        268 19 FT NEW YORK US companies have gained a breathing space in their fight against proposed rules which would force them to take executives' stock options as a cost against profits. The planned accounting rules have provoked a fierce reaction from politicians
        FT  -  268 words
      • Article
        Lock icon Union Carbide challenges EU's decision on venture
        235 19 FT LONDON Union Carbide, the American chemicals company, has challenged the European Commission's go-ahead for a US$3 billion (SS4.S billion) plastics joint venture between the Anglo-Dutch company Royal Dutch/Shell and Italy's Montedison. The two European companies had made last minute concessions on their
        FT  -  235 words
      • Article
        Lock icon Intel joins Hewlett-Packard in super-chip project
        265 19 NYT SAN FRANCISCO Intel, the world's biggest semiconductor manufacturer, is to collaborate with Hewlett-Packard, the second largest US computer company after IBM, to develop a new generation of very powerful microprocessors. The research and development partnership is aimed at creating microprocessor chips to be
        NYT  -  265 words
      • Article
        Lock icon Cathay International signs China bridge deal
        156 19 Reuter LONDON Cathay International pic said yesterday that it has signed a joint venture agreement for its proposed bridge and tunnel projects in China. The project is to invest in four major toll bridges the Guangzhou Bridge, the Haiyin Bridge, the People's Bridge and
        Reuter  -  156 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Banks must move towards self-regulation: Greenspan
        405 21 FI LONDON Banks and other financial institutions will increasingly have to self-regulate their trading activities because of the growing complexity of financial markets, Alan Greenspan, chairman of the US Federal Reserve Board, said on Wednesday. Mr Greenspan, who spoke after addressing the International Monetary
        FI  -  405 words
      • Article
        Latin bank wants to list US$125m FRN here
        229 21  -  By Shiv Taneja SINGAPORE The South American development bank, Corporacion Andina De Fomento, is seeking the listing of a US$l25 million (S$ 192 million) floating rate note issue on the Singapore and Hongkong stock exchanges. Goldman Sachs Singapore, which is the lead
        229 words
      • Article
        Lock icon Simex faces Tokyo call to block speculative trade in Nikkei 300
        196 21 KnightRidder TOKYO Tokyo Stock Exchange officials said yesterday that the TSE would ask the Singapore International Monetary Exchange to prevent speculative trading in the Nikkei--300 futures to be listed on Simex soon, Kyodo news service reported. Speculative trading in
        Knight- Ridder  -  196 words
      • Article
        21 foreign banks keen to set up branches in the Philippines
        242 21  -  From Al Labita in MANILA TWENTY-ONE foreign banks have expressed interest in setting up branches in the Philippines, a Monetary Board (MB) official said yesterday. But the official, who asked not to be named, said only 10 will be
        242 words
      • Article, Illustration
        Lock icon ABN Amro at home on the Bund
        53 21 Keuter SHANGHAI Pedestrians pass a branch of Dutch bank ABN Amro, which opened here on Wednesday. It is the first foreign bank to return to a building it occupied prior to the communist takeover in 1949. Shanghai wants to sell the building to
        Keuter  -  53 words
      • Article
        Lock icon Tokyo to tighten mutual fund rules
        404 21 NYT TOKYO The Finance Ministry plans to tighten rules governing management of Japan's mutual fund industry to protect small investors, many of whom bailed out of the funds in the early 1990s out of a belief that fund management companies were taking advantage of
        NYT  -  404 words
      • SMALL CHANGE
        • Article
          Lock icon Finance One warrants up on debut
          87 21 Reuter BANGKOK Warrants of Finance One pic were the most active in value terms at 0735 GMT. trading at 165 baht on 346.6 million baht (SS2I million) turnover on their first day of trading on the Stock Exchange of Thailand yesterday. The warrant peaked
          Reuter  -  87 words
        • Article
          Lock icon Soros' Quantum nets £17m windfall
          75 21 Reuter LONDON Investor George Soros's Quantum UK Realty Fund Ltd said the value of the properties acquired by its BLQ partnership with the British Land Co pie increased by 17.5 per cent by March 31. I'his increase after a valuation resulted in an unrealised surplus
          Reuter  -  75 words
        • Article
          Lock icon Sumitomo writes off 138b yen loans
          69 21 Reuter TOKYO A Sumitomo Life Insurance Co spokesman said the company's 138.7 billion yen (about SS2 billion) special loss in the year to March 31.1994 resulted from write-offs of problem loans to its six non-bank affiliates. Sumitomo made up for a large part of
          Reuter  -  69 words
        • Article
          Lock icon Fed nod for Nations Bank expansion
          73 21 Bloomberg Business News WASHINGTON The Federal Reserve yesterday permitted Nations Bank Corp to purchase 44 California Federal Bank branches in Florida and Georgia. The vote was 4-0. Fed Chairman Alan Greenspan was absent and didn't vote. The all-cash USSI6O million sale was announced in
          Bloomberg Business News  -  73 words
        • Article
          Lock icon US mortgage funds back in black
          69 21 Bloomberg Business News WASHINGTON For the first time since fiscal 1988. the mortgage insurance funds run by the Federal Housing Administration are in the black. Funds run by the agency reported net income of US$l.6 billion in fiscal 1993 versus a net loss of
          Bloomberg Business News  -  69 words
      • Article
        Lock icon Call for more transparent London gold market
        522 22 Failure to open up will benefit New York, conference told FT LONDON The London bullion market should become more transparent if it does not want to lose ground to New York, the Financial limes World Gold Conference was told in London this week.
        FT  -  522 words
      • Article
        Prices up on supply concerns in US Midwest
        159 22 Bloomberg ENERGY REPORT LONDON Crude oil futures prices on both sides of the Atlantic were led higher yesterday by the US amid concern there may be insufficient supplies in the Midwest to meet Nymex futures contracts, brokers said. West Texas Intermediate crude
        159 words
      • Article
        Lock icon China allows some foreign firms to import oil
        279 22 Reuter SINGAPORE Some foreign companies with joint ventures in China have received approval to resume direct oil imports, in a sign that China may be accommodating its tough internal policies with the demands of its fast-growing economy, Chinese oil sources said. "Companies
        Reuter  -  279 words
      • Article, Illustration
        Lock icon Australian beef exports to Mexico plunge on Nafta pressures
        239 22 Knight-Ridder SYDNEY Australian beef and veal exports to Mexico have slumped under the weight of increased tariff-free competition from the United States and proposed new inspection and labelling requirements. The Australian Meat and Livestock Corporation yesterday reported that exports to Mexico
        Knight-Ridder  -  239 words
      • Article
        Lock icon India lifts ban on palmolein in vegetable fat
        144 22 Reuter BOMBAY India, in a move to liberalise its edible oils policy, has allowed makers of vanaspati or frozen vegetable fat to use palmolein as an ingredient, industry sources said. The government has not, however, fixed the percentage of palmolein use by
        Reuter  -  144 words
      • Article
        Lock icon World sugar output estimate revised down
        122 22 Knight-Ridder LONDON German statistician F O Licht has revised down its forecast of 1993-94 world sugar production by 1.53 million tonnes to 110.56 million tonnes (third estimate), compared with 1992-93 production of 111.68 million. Licht said its second estimate of 112.09 million, released in
        Knight-Ridder  -  122 words
      • Article
        Lock icon Brazil's coffee co-ops want to suspend all auctions
        373 22 Knight-Kidder SAO PAULO In a meeting at National Coffee Council (CNC) headquarters here on Wednesday, co-op leaders decided to ask the government to suspend all coffee stock auctions until January, the CNC's president said. Now that the 1994-95 (May-April) crop is coming
        Knight-Kidder  -  373 words
      • Article
        Lock icon New Aussie sugar refinery sour news for industry rivals
        360 22 Reuter SYDNEY Australia's white sugar market is set for a shake-up after the opening of a new refinery that has already sent domestic prices tumbling, industry spokesmen said. The nation's third largest milling group, the Mackay Sugar Co-operative Association Ltd, in
        Reuter  -  360 words
      • Article
        Lock icon Iran against Subroto's successor
        307 22 Knight-Ridder BRUSSELS Iran stands alone among its 11 Opec partners in refusing to support the candidacy of former Venezuelan oil minister Alirio Parra as the new Opec secretary-gener-al. diplomats and officials say. The second three-year term of Indonesia's Subroto at the helm of Opec expires this
        Knight-Ridder  -  307 words
      • Article
        Lock icon CURRENCY REPORTS — London
        180 22 CURRENCY REPORTS London Bloomberg Business News LONDON The dollar rallied against the yen here yesterday amid growing concern over escalating tensions between the US and North Korea. North Korea is refusing to allow international inspections of its nuclear reactors and nuclear research sites. The US is threatening to impose economic
        Bloomberg Business News  -  180 words
      • Article
        Lock icon New York
        79 22 AFP NEW YORK rhe dollar firmed yesterday against other major currencies cxcept the Swiss franc in quiet trading. Gold, meanwhile, slipped to U*****.50 an ounce, down 20 cents from late Wednesday. At about 9:40 am (1340 GMT), the dollar traded at 1.6695 marks, up from 1.6690 marks late
        AFP  -  79 words
      • Article, Illustration
        Untitled
        1552 22 Irmle-mvighial index cuk uluinl a<tam\i S'pure\ nip 14 trading partnm. Bom• yeai I9A! US$/S$ forward rates Noon June 9 s$ Bid Offer 1-month 1.5315 1.5330 2-month 1.5309 1.5324 3-month 1.5306 1.5321 6-month 1.5287 1 5307 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on June t: Singapore dollars to
        1,552 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen weakens after narrow trading
        1281 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed easier after trading in a narrow range yesterday. Dealers said market participants were sidelined, waiting for the May tankan business report from Tokyo on the Japanese economy today. "Euroyen and JGBs have already discounted a better tankan
        Reuter  -  1,281 words
      • Article
        M'sian palm oil market ends firmer
        603 23 COMMODITY REPORTS Palm oil MALAYSIAN crude palm oil market continued to close higher yesterday, spurred by reports on workers' protest in Permatang Siantar, Medan. The riot would definitely disrupt operations and thus affect normal supply and offtake, said one dealer. Pcrmatang Siantar is said
        603 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indonesia to raise tin output: report
          131 23 SINGAPORE Indonesia will increase tin output this year to 34,000 tonnes from 28,353 in 1993, the Jakarta Host reported yesterday, quoting the president of the country's biggest tin mining company. Erry Riyana Hardjapamekas. president of PT Tambang Timah, the state-owned tin miner, was speaking
          131 words
        • Article
          S Africa's platinum group metal output
          83 23 JOHANNESBURG South Africa produced 14.48 tonnes of platinum group metals in January, according to latest minerals production figures from the state-run Minerals Bureau. Mineral production figures for the first time include output from the former homelands, reincorporated into South Africa following the installation of
          83 words
        • Article
          M'sia soymeal market steady
          157 23 SINGAPORE Malaysia's soymeal market has stayed steady this week as most end-users are wellcovered to June shipment, traders said. Some volumes still have to be bought for July shipment, and August needs are fairly unfilled, but the market is in no huny to buy as August
          157 words
    • Article
      COMMODITY PRICES
      1412 23 Rubber Singapore Commodity Exchange (futures dosing as at 5.30pm) RSS I Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 94 165 00 I 2750 Aug 162.00 1100 Sep 159.00 2475 Oct/Dee 157.75 157.50 158.50 300 8175 Jan/Mar 157.00 157.00 158.50 525 2700 RSS
      1,412 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1266 24 -3 AUSTRALIAN shares closed lower yesterday as bond markets weakened on the release of positive labour force data, brokers said. The key All Ordinaries index closed at 2,076.7 points. 3.0 points below Wednesday's finish and off the day's high ot 2,090.5 points. Meanwhile, the All Industrials index dropped 14.2
        1,266 words
      • Article
        Manila
        621 24 -0.87 pc Profit-taking pulled the Philippine stock market down again yesterday, reversing all the gains made on the technical rebound on Wednesday, analysts said here. The Philippine Stock Exchange composite index fell by 0.87 per cent to 2,990.85 points, down from the 3,017.16 points posted on Wednesday when the
        621 words
      • Article
        Taipei
        553 24 -156.2 Taiwan stocks tumbled to end sharply lower across the board as nervous small investors reacted to the market's early weakness and sold through the whole session, but brokers did not expect further major falls. The index plummeted 156.20 points to end at 5,942.38. Turnover was an active NT572.51
        553 words
      • Article
        Seoul
        426 24 +2.77 Seoul stocks closed mixed in moderate trading as selective gains were mostly offset by marginal losses in blue chips, brokers said. The composite index ended 2.77 points higher at 935.79. off an early afternoon day high of 940.59. Brokers said the impact on the market of the North
        426 words
      • Article
        New Zealand
        290 24 +9.52 New Zealand shares rose as forestry stocks dominated trading for a third day. Forestry group Carter Holt Harvey gained 3.5 per cent. Traders said the gain was prompted by a rise in US lumber prices and a reassessment of the implications of a US court decision related
        290 words
      • Article
        Bombay
        23 24 +91.56 The Bombay Stock Exchange 30-share index closed at a provisional 4125.22, up by 91.56 points, touching a four-month high, brokers said.
        23 words
    • WORLD STOCK MARKETS
      • Article
        London
        658 24 -9.3 UK stocks fell amid concern about the outcome of yesterday's European elections and before the US releases a key economic report today. The FT-SE 100 Index of leading British shares fell 9.30 points to 3028.90, pulled down by declines in BAT Industries Pic and National Westminster Bank. The
        658 words
      • Article
        Paris
        142 24 -18.42 A sell-off by institutional investors plus talk of Corruption in two leading companies helped push French stock prices lower, traders said. Foreign institutional investors bought French stocks heavily late last year and early this year. The market has since declined about 10 per cent and foreigners are cutting
        142 words
      • Article
        Stockholm
        142 24 -13.41 Swedish shares closed lower as investors nervous about turbulent bond prices shunned the market, traders said. Bond yields fell, with the nine-year government benchmark bond down 3 basis points at 9.47 per cent. The 30-stock OMX Index declined 13.41 points to 1120.60 with 26 of the stocks falling,
        142 words
      • Article
        Frankfurt
        196 24 -12.79 German stocks closed the day lower, amid concern about the impact of Daim-ler-Benz AG's global rights offering, combined with other capital raising exercises. In after-hours trading, the DAX index finished the day at 2130.89, up from the official close of 2129.32 points but 12.79 down on the day.
        196 words
      • Article
        Brussels
        135 24 -1.59 Belgian stocks closed little changed as interest rates held steady after Wednesday's decline, when the central bank cut lending rates. The Bcl2o index fell 1.59 points to 1470.54 as the yield on Belgium's benchmark 10-year government bond slipped to 7.81 per cent, down from Wednesday's close of 7.86
        135 words
      • Article
        Milan
        141 24 -97 Italian stocks ended lower as overseas investors, still not convinced by Prime Minister Silvio Berlusconi's economic policy, decided to sell shares after the market's recent rally. The decline left some traders mystified, because it came a day after the government passed a series of tax breaks aimed at
        141 words
      • Article
        Amsterdam
        242 24 -1.24 Dutch stocks closed lower as yields rose after Germany's Bundesbank left key interest rates unchanged. Concern over the outcome of European parliamentary elections contributed to the decline, traders said. The Amsterdam EOE Index of the 25 most actively traded stocks closed 1.24 points lower at 405.26. Seventeen stocks
        242 words
      • Article
        Zurich
        216 24 -23.9 Swiss stocks declined in afternoon trading amid doubts about the direction of interest rates after Germany's Bundesbank's left key interest rates unchanged. The Swiss Market Index fell 23.9 points to 2777.2. Fifteen stocks fell and six rose. Zurich •Inn 9 tnincN -f/V UMHNH' Hi Bnrnn Bovcri Bi 1220
        216 words
      • Article
        Johannesburg
        290 24 +2 South African shares struggled to find their feet in a messy but quiet day's trade, but all indices ended off their lows as the gold price firmed. The overall index ended three points up at 5,586, the industrial index made two points to 6,593 and the gold index
        290 words
      • Article
        Toronto
        291 24 -2.68 Stocks were weak in featureless trade at the open yesterday as uncertainty over a future election in Quebec drove positive sentiment into the ground. The TSE 300 composite index was down 2.68 to 4198.58 in volume of 5.27 million valued at C 553.85 million. Declines edged out advances
        291 words
      • Article
        New York
        780 24 -0.62 Blue-chip stocks drifted lower in subdued trading yesterday as a sharp drop in the shares of PepsiCo put pressure on consumer nondurables and added to a sense of caution among investors. The Dow Jones Industrial Average was off 0.62 of a point at 3,748.83 at 1 pm
        780 words
      • Article
        Untitled
        751 24 Britannia Funds Sterling Cash Bid OfT*r Mim C jp Deposit WMUI Wi50U Mim Jerses Gill 0 1*13 0.WW Mim IKMIK »0<*l(J0 »0<»500 LSS C ash Income Plus Fund 4XIU0 10 1400 PS S Kewrse Fund 5 2700 5 2»00 Sterling Kqail) Euro Performance 0 4S>*2 o-W Far East Fund *2
        751 words
    • Article, Illustration
      Lock icon HONGKONG
      2927 25 Bloomberg Business News HONGKONG The benchmark Hang Seng Index fell 1.08 per cent after a drop in the futures market below the 9,200 level triggered a round of selling by market participants basing their trading strategies on stock charts. The decline in the futures market prompted investors to bid
      Bloomberg Business News; Source: Bridge Info  -  2,927 words
    • Article, Illustration
      Lock icon CHINA
      524 25 CLSA TURNOVER on the Shanghai B market shrank to US$3.5 million yesterday. The CLSA B index fell 10.83 points to 832.56. Sewing Machine was the biggest loser, falling 4.9 per cent on turnover of U*****,000. The CLSA Shanghai A index fell 2 per cent to a new low since
      CLSA  -  524 words
    • Article, Illustration
      Lock icon TOKYO
      2548 25 Bloomberg Business News TOKYO Stocks rose to their highest levels in more than two years as expectations that the economy is bottoming out gained momentum, traders said. "There's a general optimism that the economy has bottomed," said David Harris, a trader at Barclays de Zoete Wedd Securities. "Most stock
      Bloomberg Business News; Source: Bridge Info  -  2,548 words
    • Article, Illustration
      Lock icon BANGKOK
      1755 25 Bloomberg Business News BANGKOK Thai stocks rose 1.23 per cent as House Speaker Marut Bunnag took a step to diffuse a political confrontation among members of the five-party ruling coalition. Marut said he may use his powers as Speaker to set up a House committee to look into drafting
      Bloomberg Business News; Source: Bridge Info  -  1,755 words
    • Article, Illustration
      Lock icon JAKARTA
      1150 25 Bloomberg Business News JAKARTA Indonesian stocks were little changed yesterday as investors await a slew of initial public offerings amid concern about reports of riots in Sumatra. traders said. The benchmark Jakarta Stock Exchange Composite Index, which tracks all stocks, closed unchanged at 484.9. Trading totalled 11.184 million shares
      Bloomberg Business News; Source: Bridge Info  -  1,150 words
    • Article
      CLOB INTERNATIONAL
      2296 26 Idra Hyd 50c 3.050.000 Midpha Intl 30c 2.922,000 Kcnonj BM 30c 2.654.000 Landmarks Bhd 2.478.000 Pianct 1,734.000 Bcqaya L Wt99 1.213.000 Sn Haitamas 1.096.000 Lica Hoc TSR97 174,000 Pub Bk torc«n *70.000 Bcqaya Ind 143,000 Kamuntiag 30c >24,000 AMDS 50c 745.000 Beqaya Group 714.000 kirn Hyd 30c 7.307.090
      2,296 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Late foreign buying boosts share prices
        5201 26 Bloomberg Business News, Bernama KUALA LUMPUR Stocks rose yesterday in the afternoon as investors moved in after seeing the market as inexpensive compared with others in the region, analysts said. "Institutions are nibbling at all these blue chips," said an institutional salesperson at a
        Bloomberg Business News,; Bernama; Source: Bridge Info  -  5,201 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7547 27 Gr Gr 19*4 Last Vol Day Last Qwo<r Di. LM» VM Nrt M Cap High Loo Company Sale (*000) tilth Low Bayer Seller C*r P/t Smil INDUSTRIAL AND COMMERCIAL 1440 83} l s Aetna 870 cd unch 36 885 870 870 88) 17.5 2.1 2.0 13.9 599.7 800 400 t
        7,547 words
      • Article, Illustration
        Lock icon Stocks gain on news of strong April trade figures
        1827 28  -  By R Sivanithy SINGAPORE Local prices yesterday firmed after the release of strong April trade figures. Also aiding sentiment was a rally in Malaysian stocks on talk that a date will soon be set for the country's general elections. Early trading,
        Charts by Bridge Info; Source: Bloomberg  -  1,827 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      196 17 NEWS VALUE How today's news might affect your stixks Govt has no plans to hold polls soon: Mahathir fpg I) Will generate speculative interest in Malaysian stocks, with spillover into Singapore. S'pore going full steam in telecoms deregulation (pg I) Not likely to impact on Singapore Telecom significantly. Besides, Telecom
      196 words
Page thumbnail Page 18
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      116 19 In Five Days You'll Become Better Informed ASIAN WALL STREET JQCBNAI._ I Whmt t Nam ppfc" l'^ jljiggg gl&g The Business Publication Of Asia Fax Your Business Card Now And Receive Five Issues Free! The Asian Wall Street Journal is the essential business newspaper for Asia. With over 47 reporters
      116 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      619 20 ISO 9002 VZ&J f SAFETY M| MrtX IISMAI management ||M| M M System PII )i I ,1,1.1,1,1 mum Certified tg.gma iCEiiiiiinii rssjss^H QUALITY ASSURED BY Cert No: 93-LON-AQ 021 QUALITY MANAGEMENT Cert No: QA 155 Cert No: *****6 Cmxralulations to Thome Ship Management Pte Ltd, Singapore for achieving Ist in
      619 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      72 21 W EXCLUSIVELY RENOVATED WITH FIRST CLASS FACILITIES. gp« YOU WILL NEVER BELIEVE THAT SUCH A HEALTH CENTRE EXISTS m SINGAPORE IT YOU HAVE NOT VISITED US. Mg w Come to our health club at Scotts road and let our charming gu:f and professionally trained masseuses advise you on the art
      72 words
    • Advertisement
      Page 21 Advertisements Column 2
      848 21 BUSINESS TIMES TOM.-HREF. TEL. No. 1-800-741-1883 FAX:74.I-12g8 > HESHE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE PROPOSED RIGHTS ISSUE OF 142,000,000 NEW ORDINARY SHARES OF $0.25 EACH ("RIGHTS SHARES") AT $0.30 FOR EACH RIGHTS SHARE WITH 35,500,000 DETACHABLE WARRANTS ("WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY
      848 words
    • Advertisement
      Page 21 Advertisements Column 3
      413 21 FORM <38 THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS REGULATION 76 NOTICE TO PROVE DEBT OR CLAIM FOR PUBLICATION Name of Company Bigston Electronics (S) Private Limited (Under Judicial Management) Company No. *****0714K Address of Registered Office of abovenamed Company 257 Selegie Road #02-259 Selegie Complex Singapore 0718 Number
      413 words
    • Advertisement
      Page 21 Advertisements Column 4
      41 21 CLASSIFIED A CLASS OF ITS OWN "whenand" WHERETO CONTACT YOU. Be sure to include your phone number and specify hours. And don't make it difficult for potential buyers to you! Make A Difference To Your Advertisements Today! CATS. CALL 1800-737-1166 NOW.
      41 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      136 23 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN Q BAHAMAS Q JERSEY BELIZE Q LIBERIA COOK ISLANDS MADEIRA DELAWARE Q MAURITIUS GIBRALTAR PANAMA
      136 words
    • Advertisement
      Page 23 Advertisements Column 2
      35 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through classification 203 in The jT Straits Times Classified, cjlu. |717-H**|
      35 words
Page thumbnail Page 24
  • Page 24 Advertisements
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      110 25 ra_GIVENEW LIFE TO YOUR HAIR ■PK] Facing hair problems like balding, thinning hair, damaged hair, dandruff and premature grey hair? Don't despair, come to Hay's Formula, we give professional hair treatment with a secret formulation made of 100%, HERBAL PLANT EXTRACTS. Hay's Formula provides natural and effective solution to your
      110 words
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      45 27 L SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD SiNqApORE 8 8 Jalan Kilang Timor 002-09 Krwalram House Singapore 0315 Tel 278 7088 Fax 278 7898/276 6698 HIGH STAKES Don't get shortchanged, for a covera 6 e HSJ you can bank on# Financial News. Everyday. Busines^Dmes •IMV4M
      45 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1662 28 `/'-\:]&=(!=?|@!>~??-\((/:_(|`~ IN THE MATTER Of THE COMPANIES ACT, CAT. M AND IN THE MATTER OF FAMIK INVESTMENT PTE LTD /f 11 1 I 11-». f r MI J.ri n—l (IM M' viMUf%Miry L. u<mj FINAL MEETING Notice is hereby givea purauMt to —.p..— r-y <n that a Final Ccacral Meetiag
      1,662 words
    • Advertisement
      Page 28 Advertisements Column 2
      381 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER Of DOC INVESTMENTS PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN thai tw Final General Mating of the members of the atoovenamed company will ba held at tha Liquidator's Office. 47 rtH Street. #05 01,
      381 words
    • Advertisement
      Page 28 Advertisements Column 3
      11 28 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments wWofaM, 1-800-741-1883
      11 words
Page thumbnail Page 29
  • Shipping Times
    • Article
      Piracy almost gone thanks to S'pore-Indon effort: Mindef
      341 29  -  By Dexter Lee SINGAPORE Piracy in the Phillips Channel and Singapore Straits has been virtually eliminated since Singapore and Indonesia agreed to cooperate to stamp out the menace. The Ministry of Defence said yesterday that there were only a few sea robberies
      341 words
    • Article
      Lock icon Fewer reports of attacks worldwide
      449 29 AP KUALA LUMPUR International shipping is enjoying a respite from pirates so far this year, an expert said on Wednesday. Only 39 raids have been reported in 1994, compared to more than 106 throughout the world last year. The final count for 1993 will be
      AP  -  449 words
    • Article, Illustration
      Lock icon EU rules out lines' bid to fix prices for land sector of multi-modal trips
      247 29 Reuter BRUSSELS The European Commission ruled out granting shipping companies grace from the European Union's competition rules by allowing them to fix prices together on the ground leg of multi-modal trips. The Commission said in a
      Reuter  -  247 words
    • Article
      Lock icon Turk body keen on boosting safety in Bosphorus
      218 29 UPI LONDON The Turkish Chamber of Shipping is willing to invest US$25O million (*****.5 million) in improving safety in the Dardanelles and Bosphorus if it can secure approval for implementing a fivepoint plan from the international shipping community, industry sources reported on
      UPI  -  218 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1101 29 Page Gol ABC Containerline 16 4 Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgml 17 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 •ASCL 5 5 Assist Marine 6 1 Avant Shpg
      1,101 words
    • Article
      US ship analyst names Palco as S'pore agent
      331 29  -  By Alec Almazan SINGAPORE Shipowners in Singapore who need to have the condition of their vessel engines analysed can now easier access to the services of a major USoil analysis firm. Virginia-based Analytical Services and Materials, Inc (AS&M) has appointed Palco Marine
      331 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        768 30 I Vessel Voy No Berth Arrival Departure Vessel Voy Ho Berth Arrival Departure Jurong Port Equator Gran 92 41 P03 alongside 10 06/1300 Batam Murm 06/03 94 112 along** 1006/2300 Equator Star 26 4S P02 alongside 0906/2300 Oe* Lestan S50 19 alongside 1006/2100 Golden Splen 9406 P05
        768 words
      • Article
        CONTAINER SCHEDULES
        1476 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO J"* Record Booking/Balance Rslts ■Ship Voy No Etb/Btr Period From To From lua Jade 1896 10/1100 IA 08/1500 08/1659 08/1900 3 09/0700 09/1159 09/1400 t 4 09/1200 09/1459 09/1700 NtoUy 0506 10/2000
        1,476 words
    • Article
      THE SHIPPING GUIDE
      11418 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,418 words
    • Article, Illustration
      What shall we do with Helsinki port?
      948 46 That is a question Finnish authorities would like an answer to as the country's main port reaches saturation point ONE ISSUE dominates the Finnish port industry: what should be done with the eongested port of Helsinki? Broadly speaking, everyone agrees that the port
      948 words
    • Article
      Daily Freights
      1092 46 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.368 on Thursday from 1.378 on June 7. Activity for Panamax tonnage in the Atlantic remained limited while rates have eased in the east, brokers said. There are still several cargoes to be fixed in the
      1,092 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon 15 US firms behind research to cut corporate air travel costs
        450 48 Bloomberg business News NtW YORK A group of 15 US companies is funding an organisation that wants to lower corporate air travel costs by banding together and restructuring airfares. General Motors Corp, Bell Atlantic Corp and Merck Co are
        Bloomberg business News  -  450 words
      • Article
        Lock icon S&P upgrades Air New Zealand's ratings
        362 48 Bloomberg Business News WELLINGTON Ratings agency Standard Poor's Corp said it has changed its outlook on Air New Zealand Ltd's credit rating to positive from negative. S&P also affirmed the airline's local currency rating at 888 and its domestic commercial paper rating at A-3.
        Bloomberg Business News  -  362 words
      • Article
        Lock icon Shareholder to vote against revised UAL buy-out plan
        455 48 Reuter CHICAGO A proposed US$5 billion (557.7 billion) employee buy-out of UAL Corp. the parent of United Airlines, has run into more turbulence: Its second largest shareholder said on Wednesday it plans to vote against the deal to create the nation's largest
        Reuter  -  455 words
      • LOG BOOK
        • Article
          Lock icon FEFC may impose war surcharge
          117 48 UPI LONDON The FEFC warned customers on Wednesday that shippers will impose an emergency war surcharge if the civil war in Yemen continues. "The Far Eastern Freight Conference views with concern the deteriorating situation in the Straits of Bab Al-Mandab, southern Red Sea/Gulf of Aden
          UPI  -  117 words
        • Article
          Lock icon No Chinese seamen for P&O ferries
          88 48 Reuter PARIS Britain's Peninsular and Oriental Steam Navigation Co. backing off in a cross-Channel dispute, said it would not use 40 Chinese workers on two ferries set to enter into service between Portsmouth and Le Havre. The decision ended a protest by French sailors
          Reuter  -  88 words
        • Article
          Lock icon Probe on US plane grounding
          105 48 AP OXFORD The US is consulting with Russia on why a US transport plane,a Lockheed L-100, was forced to land by Russian fighter jets, a US official said on Wednesday. The official said the US did not believe the plane had wandered off course but
          AP  -  105 words
        • Article
          Lock icon US airline's passenger traffic up 3pc
          82 48 Bloomberg Business News STERLING, Virginia Atlantic Coast Airlines Inc said May revenue passenger miles, or the number of miles flown by paid passengers, increased 3.1 per cent from last year because of a shorter average length of haul. The airline's available seat miles rose
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Toyota gets nod for Argentina plant
          48 48 AP BUENOS AIRES President Carlos Menem authorised Japanese car maker Toyota on Wednesday to build a pick-up truck manufacturing plant in Argentina. Toyota will invest US$l5O million (*****.5 million) in a plant employing 800 workers, Toyota Argentina president Alberto Fernandez said. AP
          AP  -  48 words
      • Article
        Lock icon Daewoo in US$200m Indian joint venture with DCM Toyota
        571 48 Reuter NEW DELHI South Korea's Daewoo Corp announced a joint venture with DCMToyota in India on Tuesday and said it aims to make 2.2 million cars there by 2000. "India is being hailed as the most promising of the emerging nations,"
        Reuter  -  571 words
      • Article, Illustration
        Lock icon Boeing sues Airbus for first time over alleged patent violation
        258 48 AP SEATTLE The Boeing Co has sued rival jet maker Airbus Industrie in courts in England, France and Germany, alleging patent infringement involving a wing part, a Boeing spokesman said on Wednesday. The suits arc the first Boeing lawsuits against
        AP  -  258 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1431 48 City FHfct rr* FidK HO. Abu MmW GA976 0010 GA928 2140 GA970 2155 MeUUe QF81 1925 QF82 2055 SQ227 2230 Amsterdam KL837 1450 GA976 0010 SQ323 1730 KL838 2300 SQ26 2355 Mmm SQ348 2250 Auckland NZ73 1550 SQ285 2045 SQ288 2040 NZ74 2340 BA12 2200 2*
        1,431 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      22 29 #SHI? LASHING MATERIALS SPECIALIST |j^ Mintermarine SUPPLY CO. (PTE)IJD N0.7, Bukit Batok Street 22, Singapore 2365. T«<: 563 3488 Fax: 563 6811
      22 words
    • Advertisement
      Page 29 Advertisements Column 2
      30 29 Line* and services represented by y£fipKK\ Members el the Registry of Accredited [*#£ra>\ Shipping Agents, Singapore National Ship- UJJS ping Association. for advertising enquiries, contact Shipping Times: Tel 740-2089/740 2090
      30 words
    • Advertisement
      Page 29 Advertisements Column 3
      60 29 the FAMOUS to g Kummk/ MSS3SM 224 1833 For more information pleaae refer to Pg. 13 What shall we do with Helsinki port? Pg 18 •15 US firms seek to cut corporate air travel costs, Back Pg l^jSsSSiir 5 if LOOKING DEEPER A probe into current market developments. Hock Lock
      60 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      441 30 TSKUNE AGENCIES (S) PTE. LTD. r I 1 V Tel: 226-3363 nSHW J. t3«l\ 9 IJl\r HLri. *7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I \mmm w m p« jkt i s«~ mm m m mm mm m 1 I OCX WOEET 0356 0106* 10.06 10.06
      441 words
    • Advertisement
      Page 30 Advertisements Column 2
      1602 30 OIMCT TO Us« WIST COA«T («C»-«XWe CAUfOOHU l<W«t»l I TO «A«T MtWTWMAHgA* (IMU. gOWTAMEB MUVtCP i ««n I ST<M LA MM M 11 DM HOMSTOB CMC W WBCO *S» WY NO STOBI DMKn* PBMCUS* BTMWI* MEUKMU'I W PT IV BEBMT' UTTMM* WK* LB4A CALIFORNU I UNA *66 lIS 166 2
      1,602 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      2302 31 —o J *v ?E^32 3 B in^iI D 22f3 A 9 R 4 0 2 ,NE SH >WN A ENC EB DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 TEL. *****3/4.FAX: *****6 CUSTOMER SVC TEL: *****92/*****91/*****93 TEL. *****12/3 FA)C *****14 (OPNS) KEPPEL DISTRIPARK BLK 513
      2,302 words
    • Advertisement
      Page 31 Advertisements Column 2
      1900 31 MUUmikUiLUJ MAERSK LINE'S VERY OWN SERVICE TO EAST COAST OF SOUTH AMERICA LUNA MAERSK V.9412 ETA SIN 15TH JUNE 1994 Vest* Voy ETA ETO Fe«d«fed by S \7a" ItT™ destinations Tl*» LUNA maersk v»«o6 is/06 oeoo hrs CfS 14/06 2359 MRS JOH LPK PEN OAK LG6 SFO MEM ATL MIA
      1,900 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1636 32 AOABA R DAM/ IE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA ELBE 22/322 11/6 20/6 27/6 29/6 2/7 4/7 6/7 Por Ke ang p©nang THAMES 23/123 t7/6 4/7 5/7 7/7 Pasir Gudang HANNOVER EXPRESS 20/323 18/6 27/6 4/7
      1,636 words
    • Advertisement
      Page 32 Advertisements Column 2
      671 32 p n AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Vo» ochny, Vladivostok. Moscow, I Baku. Tashkent, Irkutsk, Alma Ata, Ashgabad. Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN PKR CGM Korrigan V.2184 14/6 12/7
      671 words
    • Advertisement
      Page 32 Advertisements Column 3
      1318 32 NORASIA NORASIA MUBARAK 9423 4 15/06 07/07 08/07 09/07 10/07 11/07 12/07 13/i)>* 14/07 14/07 .1 NORASIA Al MANSOORAH 9424 3 22/06 14/07 15/07 16/07 17/07 11/07 19/07 20/97 21/07 21/07 .1 NORASIA PRINCESS 9425-3 29/06 21/07 22/07 23/07 24/07 25/07 26/07 27/07 28/07 21/07 1 NORASIA SUN 9426 3
      1,318 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1845 33 STRAITS SHIPPING PTE LTD 10. Moo Chiang Road #11-01 Keppel Towers Singapore 020S Tel: *****88 Fax: *****17 NEW guinea pacific line <a service of china navigation co> CARGO SAHS SI RAITS pgjpt VIOC Muara. Lib 10-U Kjo# 13 lunt 14 Ma»a FCL. LCt CONT AIMER ANO MEAKBULK SERVICE TO PAPUA
      1,845 words
    • Advertisement
      Page 33 Advertisements Column 2
      2966 33 M m SINGAPORE AGENT: PAnf''litlAl*C P&O Containers (Singapore Agencies) Pte Ltd |A>4 1 l\l W il PMII rt B 1 lm-< M 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 v Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOV
      2,966 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      575 34 4lfk EKA JAYA AGENCIES \3lsr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE r~NO CHI mHH CITY PAOM IHAMPPHOHS/IMMCT MPIBg HQt warn 7778W/M4IW4 SB BS__ >Y6 vtetMAM/HCMe wl dmmmmm ®nmnw«7» CENTER-POINT 7 LINES man wJS stck win* WOK BUM 2115 IZ/M 2215 JiM jul jum aa_ jus M
      575 words
    • Advertisement
      Page 34 Advertisements Column 2
      1652 34 OHANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOt Wl sm lUK HAUL St* TW Po* FW «l SBI lUK HAUL SA¥ 1M HTC HAMM ELIZABETH 012 C 11/6 OMCT 30/6 1/7 2/7 HAIUN ELIZABETH 012E 11/6 H NEW TOM MX 14/7 15/7 17/7
      1,652 words
    • Advertisement
      Page 34 Advertisements Column 3
      1492 34 —I T_ 1 1 J i A V J —I I MtaJ I hJ 1 HiH■lH M H L I— nu ut mc u( m wr on net au no ui w rtc im ami km nv «e no cm m |»a l 9JWHM 13/4 15/« 20/0 22/4 24/4 VU
      1,492 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1887 35 I II sex: 'CALIFORNIA LUNA 66E' eta sgp 15/06/94 II E II ARRIVING LOS ANGELES 02/07/94 IN 16 DAYS I #WII AEX:'NEPTUNE LAZULI 07E'ETA SGP 15/06/94 11 ft II ARRIVING NEW YORK 09/07/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC
      1,887 words
    • Advertisement
      Page 35 Advertisements Column 2
      1261 35 A MULTILINE SHIPPING PTE LTD mm (a member of SIWSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 4 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
      1,261 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      1307 36 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR NO: **********0M/GST KG NO: M 2-*****99-6) t TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W lkT MALAYSIA: "I" LINE MARITIME (MALAYSIA) SON IHD I Wm TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: f.l. SAHARA LAUT
      1,307 words
    • Advertisement
      Page 36 Advertisements Column 2
      1169 36 @A PPEN S H I P (Qi HAMBURG ITO CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA ANO FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADING FOR NOVKJRAD ANTW 20/05 SPORE 17/06 I ECUADOR HAM 22/05 SPORE 19/06 KOALA CONTAINER LINE S'PORt FIX HAM RTM LEH CS NEW ZEALAND 4607 14/06
      1,169 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      1011 37 PACIFIC INTERNATIONAL LINES (PTE) LTD^ 1 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO: 10Q*****00QE VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN EQUATOR CRYSTAL 06N 11/6 14/« 18/6 KOTA BERLIAN BRLOO9 12/• IS/6 19/6 KOTA SABAS SBSOO3 12/• 13/6 19/6 KOTA EAQLE EQLOOS
      1,011 words
    • Advertisement
      Page 37 Advertisements Column 2
      932 37 vtsxis vot sm umm Hamburg ihrmes roue roam Antwerp Will DC ttLR W3W 14/06 06/07 08/07 05/07 10/07 12/07 VB.lt OC mtlH TO4W 21/06 13/07 15/07 16/07 17/07 19/07 VH.ll DC TOCANA UO4W 29/06 ?0/07 22/07 23/07 24/07 26/07 VK.ll DC LIBRA LO4W 27/07 29/07 30/07 31/07 02/01 •ALSO ACCEPTING
      932 words
    • Advertisement
      Page 37 Advertisements Column 3
      813 37 bsa i*. MR MYANMA IBBk FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MERGUI VI23W Sailed PAGAN V2O9W SaM HP* AN V2O2W 10/13 Km PAGAN V2IOW 20/21 kin MALAYSIA AGENTS BOUSTEAO SHIPPING AGENCIES Nil TEL 03-*****00 PHI TEL 03 3(***** PEN: TEL 04
      813 words
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      520 40 ?@%,&[{.&~{:;^.}=~<(=::^/`[-/}! SHINYEI SHIPPING (S) PTE LTD I 10 Anson Road #15-01/02 International Plaza Singapore 0207 1 CR NO. **********0N HOT LINE; *****38 (8 LINES) I I JAPAN FAR EAST PORTS KOBE/YOKOHAMA/TOKYO/NAOOY A/OSAKA 12/6/94 HONQKONG/CMNA/BANQKOM 12/6/94 EUROPE BU SAN/PORT KELANO PE N ANO H ROTTERDAM/HAMBURG/FELIXSTOWE 18/6/94 MAMLA/KEELUNG 14/6/94 LEHAVRE/ANTWERP USA H
      520 words
    • Advertisement
      Page 40 Advertisements Column 2
      715 40 XjLIMORBUI-k\ I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES WORLD AGAMEMNON 15/6 11/S RDM/ANT/UK I SEA SONNET 21/6 30/6 FLU/ROAM/ANT/UK FOR I NORBULK TBN 2S/6 30/6 OBN/CPT/tt J ALSO LOADS TAWAU. KK. TG. MANI PK SWK/SABAH LOADING FOR NORBULK PINE 15/6 HONGKONG/HUANGPU SUBJECT TO
      715 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      743 41 ftg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 14/6 ROTTERDAM 11/6 AARHUS/COPENHAGEN 14/6 HAMBURG/BREMEN 13/6 MARSEILLE/FRANCE 14/6 FELIXSTOWE/UK 12/6 BARCELONA/SPAIN 13/6 LEHAVRE/FRANCE 11/6 GENOA/ITALY 1376 ANTWERP/BELGIUM 13/6 LOS ANGELES/WC/IPI 12/6 SYDNEY/MELBOURNE 11/6 NEW YORK/EC 1276 FREMANTIE/ADELAIDE 12/6 VANCOUVER 15/6 BRISBANE
      743 words
    • Advertisement
      Page 41 Advertisements Column 2
      1814 41 1 VEt>gL 1 vessel VOY SIN PEN K': I>WA IW Tu ,4/ 1 B SEROJA 40*3 Fri lIN PT Sal 11/8 VOY 8N BKK BHATWA BHUM 33S |*L_ _M/8_ f KOTA SURIA SUROO3 tun Tu. 14/8 VIWA BHUM 22N Ffi IN PT Mon 13/8 jj WANA BHUM 2328 Tu. 14/8
      1,814 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1589 42 MdMMHN CONTAINER LINES, INC I ICNS/VVlAgwitK MAC-NILS SPORE: *****22 (24 LINES) Uv VJeANKWaMNM SIBU (064) *****9 KUCHINO (062) *****3 PCNANGfc (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KEIANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN j
      1,589 words
    • Advertisement
      Page 42 Advertisements Column 2
      179 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD El« (It CM STOK K»I KUMK PUMNG am MM 28/6 loadwg toi Malt RUVAI HUM) 30/6 loading tor Dubai oanw 15,4 loading For Mate nOMER SUHEME 18 6 loatfcflg For Male UMCEDH Saited loadmt For Mate IDOGRESS UKRIT 20 6 17/6 loading
      179 words
    • Advertisement
      Page 42 Advertisements Column 3
      1116 42 jg~ THONG SOON UNES PTE LTD ]l I 78 SHENTON WAY #10-01, SINGAPORE 0207 L I \y \V TEL: 227-5088 FAX: 227-6011 f I TLX: r S ***** CARRIER, RS ***** JENHOL CABLE: JOSOCO I Jk H kll m k lii ik i yii 11? i jij aB 6imj 11?
      1,116 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      623 43 WgV'EVERETT ORIENT LINE" JAPAN/BWOF BENGAL/JAPAN SERVICE AC4VTMG 10/ FROM KOK. YOKOHAMA, NAGOTA. M0B» lOR TO*, "'lliraf^ Ptnanf* P. KcUnt Sqipori ETdw* ivftWRETT WE 17/11 Jui 19/20 Jun KNtQLtJEBrT V2IE 30 km/01 M 02/03 Jui SMji«raiEn V2it 14/15 u 16/17 Jul ACOPIMG MEARBUU/FCI/SOC CAItGOCS TO/FROM CMITAGONG. CALCUTTA AN»MONGU*. Sinsapore P. KHant*
      623 words
    • Advertisement
      Page 43 Advertisements Column 2
      237 43 fj* SLQBY NAVIGATION CHOMP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 7/6 16/6 GLORY SELATAN V 9/6 12/6 15/6 SP PKL HCM HK KAO GLORY SELATAN VI 27/5 1/6 5/6 VESSEL VOY
      237 words
    • Advertisement
      Page 43 Advertisements Column 3
      563 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE "vessel"""* vor SX »MCH SAKGOOHA 143HW 11/Ot flflt ISI AMABAD 122HW 20/06 30/06 MAKRAN 149-HW 15/07 25/07 HYDERABAD 131 HW 19/0/ 29/07 FAR EAST CONTAINER SERVICE ONLY VtSStL VOT sUT" HKG BSN OsT" WAG TOW MAM AH ia-ON 12/Ot lt/06 20/0t
      563 words
    • Advertisement
      Page 43 Advertisements Column 4
      580 43 luuHaiiiiiiiiiiiia FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS TAO HE/84 »l/ 0« 24/06 25/0€ 27/06 12/07 JIAN HE/84 26/06 09/07 10/07 12/07 27/07 MOIHE/106 11/07 25/07 26/07 28/07 12/ OS YIHE/100 26/07 09/08 tO/OB 12/08 27/08 SHUN HE/105 11/ OS 28/
      580 words
    • Advertisement
      Page 43 Advertisements Column 5
      340 43 SIN FAR EAST 14/06 KEELUNG/KAOHSIUNG 12/06 BANGKOK 12/06 MANILA/CEBU 12/06 JAKARTA/BELAWAN/SURABAYA 12/06 PORT KELANG/PENANG/E. MALAYSIA 12/06 BUSAN 12/06 TOKYO/YOKO/KOBE/NGO/OSA 12/06 HONG KONG SjN CHINA (+S#±**n) 12/06 GUANG2HOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 14/06 LDN/FLX/LVP/SOU 14/06 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SIN MSA/CANADA 12/06 LOS
      340 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      725 44 PHiu-omcNT urns pt* ltp 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 p. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0HJL A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 11 JUN SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 21 JUN AUCKLAND. WELLINGTON. LYTTLETON,
      725 words
    • Advertisement
      Page 44 Advertisements Column 2
      328 44 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 21 JUNE (Accepting to aH Nawr Zealand porta) PENANG 17 JUNE JAKARTA 12 JUNE PORT KLANG 16 JUNE BANGKOK 12 JUNE MELBOURNE 16 JUNE SYDNEY 16 JUNE BRISBANE 23 JUNE FREMANTLE 19 JUNE ADELAIOE 17 JUNE 'ACCEPTING TO ALL SCANDINAVIA PORTS COLOMBO
      328 words
    • Advertisement
      Page 44 Advertisements Column 3
      446 44 Next Week's Sailings Singapore I FIRSI'FORWARDER To: ETD io: ETD ASIA aw arded 'Z. Singapore Singapore ISO 9002 BY LRQA EVERY EVERY Bangkok SUN Jakarta SUN ——yDi EVERY EVERY Manila SUN Ho Chi Minh FRI f; fDI i I MB I EVERY EVERY Colombo TUE Limassol IHUR J INTERNATIONAL SEA
      446 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      1706 45 ISEAMA^RGENTINMJN^^^n CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I j WESTBOUWO B*»» KHU» Vl* W«HO» AW«$ VIA a AUTOS 5 yfutuf V' VOV I'HWC uau tAMTOS lUSMUAIA hrVVXO I AMMCWN ft.M JAMRkI MMNMUA if t y I I FRANCISCA SCHULTE OIE 11/06 10/07 13/07 I 06/07 12/07
      1,706 words
    • Advertisement
      Page 45 Advertisements Column 2
      387 45 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINLRISLD SERVICt TO Lk AND NORTH CONTINENTAL PORTS |wT[wlao[ia|H>n|iHi>| lMn wot ASIA SHMUW 3 M/mIH/mI I I I I IMIASH MUMMK M?M lVwhs/M I I I I Will Ot KM gjj W/M 11/ M Sl/S7l U/>7l *4/07 ti/tl 07/17 I WUt Of
      387 words
    • Advertisement
      Page 45 Advertisements Column 3
      505 45 |2 CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.38 [PO*TT~ VOY r BUCNOS AIMS MONTE VIOCO MM JAKARTA ["SINMMM HOMO KOMS KAOOSMMA HA GOYA vtsstis PtTROOVORtTS tail SAILtD tAHfD SAHED 30/oft-QS/04~ 10/Q« 14 l»/Oa~ 20 21/00 PWMKRSW fl2 SAJLCO SAICIP 02/Q4 IS IS/OS 21/Ot 0103/07 DCKAaatiT tan 3Q/o» oa/oi ot/o* ai/os
      505 words
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      490 46 VESSEL VOYAGE SINGAPORE MANIA PERVOMAYSK 9403N 10/06 (FRI) 15/06 (WED) VIGOUR PACIFIC 9422N 14/06 (THE) 18/06 (SAT) LANKA MAHAPOLA 9402N 17/06 (FRI) 22/06 (WED) fRBAT PERVOMAYSK 9404N 21/06 (TUE) 25,06 (SAT) SOUTH PHILIPPINES FULL CONTAINER 81BVICE VESSEL VOYAGE SINGAPORE I GENERAL SANTOS DAVAO CEBU V. KRUCHINA 9423E ~10/06 (FRI) 16/06
      490 words
  • Page 46 Miscellaneous
    • Miscellaneous
      Page 46 Miscellaneous Column 1
      686 46 TODAY'S TIDES (hqgjht in metres) I. HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 3.0 2.7 2.2 1.6 1.1 0.7 0.5 0.5 0.7 1.1 1.7 2.1 2.4 2.4 2.2 IS 1.3 1.1 0.9
      686 words
Page thumbnail Page 47
  • Page 47 Advertisements
    • Advertisement
      Page 47 Advertisements Column 1
      1014 47 ▲HYUNDAI I MERCHANT M ARI^OLTD. WESTBOUND TO EUROPE BKG: *****61 PNA' PKE* PGP* VESSELS VOY SIN RTM ANT* LEH* HAM BUEt PEL 08/06 10/06 11/06 H. CHALLENGER 310W 13/06 01/07 03/07 4/07 03/07 03/07 05/07 15/06 17/06 18/06 H. PIONEER 309W 20/06 08/07 10/07 11/07 10/07 10/07 12/07 22/06 24/06
      1,014 words
    • Advertisement
      Page 47 Advertisements Column 2
      504 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS WSMI *5y 3 fit kite RR HiISMUM MJ IR PT 11 1 COSMIC CRAUUCtR *31 ORARCt »T <20 2t 4 25 t UUI STAR VIS! 22/1 24/1 HTST II H/4 (MR 25 S) OUTBOUND VESSELS LOADINC FOR KUCHINC MUARA
      504 words
    • Advertisement
      Page 47 Advertisements Column 3
      974 47 JEDDAH/UK/CONTINENT STORE KD STON HTRBG ROAM lIH AJm Acceptm C*jo For: UK 22/322 11/ C 20/4 29/4 2/7 4/7 4/7 Southampton :Itj| UK dntroban. Bdtast jnd Dubin IHAMIS 23/123 17/ C 3/7 5/7 7/7 *olt«d*n :to A Antwerp Amsterdam. OiM. Hriudu HANNOVIR IXPMSS 20/323 11/4 27/4 4/7 9/7 11/7 13/7
      974 words
Page thumbnail Page 48