The Business Times, 15 June 1994

Microfilm: NL19382
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Wednesday June 15 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Cigna offers MNCs data on China
      55 1 Reuter NEW YORK Cigna International, a division of Cigna Corp, yesterday said it would offer insurance and risk management information to multinational companies seeking to do business in China. The service will give data on policy underwriting guidelines for insuring property, casualty, energy and
      Reuter  -  55 words
    • Article
      Lock icon Bundesbank will not stop monetary targeting
      30 1 Reuter FRANKFURT Germany's central bank will not give up monetary targeting despite distortions in its money supply, its chief, Hans Tietmeyer, said yesterday. Reuter
      Reuter  -  30 words
  • Article
    MARKET SUMMARY
    157 1 Stock market indices Tuesday Change STII 2,278.30 -17.62 KLSEComp 1,013.49 -4.44 Nikkei 21,353.97 -198.84 Hang Seng closed SET Index 1,378.88 -0.16 Jakarta Comp 482.35 -0.67 CLSA China B closed Aust All Ord 2,076.6 7.2 FTSE 100 3,039.70 +23.40 Tuesday Previous 2pm close Dow Jones 3,809.12 3,783.12 Average of
    157 words
  • Article
    Lock icon Sino-UK storm over HK reform is over, says Qian
    545 1 Top British companies in bid to heal rift with China AFP. Reuter HONGKONG The SinoBritish storm over democratic reform in Hongkong has passed, and Beijing and London should resume cooperation on other aspects of the colony's 1997 handback to China, Foreign
    AFP.; Reuter  -  545 words
  • Article
    East Asian firms outpace Japanese in investing abroad: study
    538 1  -  By Yang Razali Kassim SINGAPORE Companies from the newly industrialising economies (NIEs) and Southeast Asia are emerging as significant regional business players through a growing number of strategic alliances, a Japanese study shows. Forging alliances across the Asia-Pacific, these companies are
    538 words
  • Article
    Lock icon Foreign investment in China dives 50pc in 1st quarter
    303 1 AFP BEIJING Foreign investment in China plunged 50 per cent in the first quarter of 1994 over the same period last year, in the first fall since the Asian giant's economy began picking up in 1990. The China Daily yesterday quoted
    AFP  -  303 words
  • Article
    Lock icon US CPI up 0.2pc, Dow jumps 26 pts
    245 1 AP, Reuter WASHINGTON Consumer prices in the US edged up a modest 0.2 per cent in May as falling petrol prices and the biggest drop in airline fares in 25 years helped to offset rising food costs. The government yesterday said that
    AP,; Reuter  -  245 words
  • Article, Illustration
    Lock icon It's an even bet whether S'pore will set Creative's price for Nasdaq
    221 1 SINGAPORE Sound card and multimedia leader Creative Technology will make its debut on the Singapore stock exchange today, with some analysts saying the price will likely take off from where Nasdaq left off overnight. But other analysts arc
    Photo by Arthur Lee  -  221 words
  • Article
    Teng Fong raises stake in YHS to 18.08pc
    299 1  -  By Genevieve Cua SINGAPORE Property tycoon Ng Teng Fong has acquired yet more shares in food and beverage company Yeo Hiap Seng, raising his stake from 17.08 per cent to 18.08 per cent. The latest acquisition was made on June 10. through
    299 words
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      197 1 MELWANI III! Ml X S lASIIIDS \1 OR I S'pore News 2 S'pore-Wsa ..19.20.21 Regional News 3.4,8 Financial 22.23 World News 9.10 Fntm Itortwts 17 Qob/KLSE, SES 28-30 EiMonal 16 tog*** Sports 11 VKorid 27 TV/Litestyte 15 Currencies 2« Reg Analysis 12.13 Sww/Commo .24.25 S«fclU»Q- Tel 1800-*****77 Fa *****/5 BT
      197 words
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      9 1 Regional Analysis: pg 12 Asia-Pacific trade in year 2000
      9 words
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      42 1 Hock Lock Siew: Pg 19 M Vb An Aussie stock with Asiqn flavour Aztech share price hits record high, Pg 19 Idris Hydraulic set to win commercial banking licence, Pg 19 Singapore Airlines headed for billion-dollar profits again Shipping Times, Page 18
      42 words
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      2 1 SeePg 18
      2 words
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      70 1 a 4T/k* Bottom Line: Pg is > Talking tough over N Korea r r G ——3-1 K*OOOTMO»TW Next time you 're \Mf, wl here at the Seafood order from our seafood menu. Sample too our I I <$£- K& m other specialties. £j^S^ B i rd's Nest d ishes. soups.
      70 words
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      6 1 MELWAIMII 77//: MISS HASH lOS S/OA7
      6 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Strong sign of manufacturing growth
        308 2  -  By Genevieve Cua SINGAPORfi's appetite for foreign-made goods rose 15.6 per cent in April, buoyed by a strong surge in demand for imported machinery and transport equipment. Retained imports of machinery and transport equipment grew nearly 31 per cent, more than double the monthly average
        Source: Dept of Statistics  -  308 words
    • Article, Illustration
      'Hanoi Hilton' project on track: Liang Court
      454 2  -  News of revolutionaries stalling project untrue, it says By Harish Mehta A SINGAPORE firm which plans to build a 20-storey five-star hotel on the site of a 100-year-old prison in Hanoi has denied press reports that the project has been stalled by Vietnamese
      454 words
    • Article
      Taian City trade team here with US$587m in deals
      251 2 A DELEGATION from the People's Government of Taian City in Shandong Province has brought with them 32 project proposals worth USSSB7 million (SSB9B million) for consideration by Singapore businessmen. The proposals were discussed at an investment seminar held yesterday at the
      251 words
    • Article
      HDB to offer 1,084 shops to tenants next month
      229 2  -  By Abdul Hadhi THE HOUSING and Development Board (HDB) will be offering 1,084 shops for sale to existing tenants next month under the government's programme to sell HDB shops to shopkeepers. The coming sale involves shops in 14 new towns, including
      229 words
    • Article, Illustration
      US pension funds poised for US$120b stake in equities
      394 2  -  Seminar on Financial Markets in Singapore and the Region Reports by Shiv Taneja IT IS estimated that by 1998, US pension funds will have an aggregate investment of US$l2O billion (SslB3 billion) in equities markets of the Asia-Pacific region outside of
      394 words
    • Article
      Regional growth lifts Singapore's role in capital flows
      274 2 SINGAPORE'S financial markets are playing a greater intermediary role in regional capital flows as a result of rapid economic growth and increases in savings in the region, said Teh Kok Peng, deputy managing director of the Monetary Authority of Singapore. Dr Teh,
      274 words
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      453 2 WHAT MAKES A MAN? |BI|H N O. I THE FRAGRANCE FOR MEN VISIT THE TOP ROTATING EQUIPMENT FLUID HANDLING SYSTEMS MEGA EXHIBITION AND CONFERENCE IN ASIA 10 AM 6 PM DAILY JULY 20 23,1994 (WED SAT) HALLS 4 (HARBOUR PAVILION), 5, 6& 1 WORLD TRADE CENTRE SINGAPORE Off PUMPS SYSTEMS
      453 words
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      395 2 ORCHARD PARADE HOLDINGS LIMITED ANNOUNCEMENT RIGHTS ISSUE (THE "RIGHTS ISSUE") OF 5,0 PER CENT. UNSECURED LOAN STOCK ("LOAN STOCK") DUE 1999 WITH DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF $3,000 PRINCIPAL AMOUNT OF LOAN STOCK WITH 200 WARRANTS ATTACHED FOR EVERY 1,000 SHARES ("SHARES") IN THE CAPITAL OF ORCHARD PARADE
      395 words
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  • SOUTH-EAST ASIA
    • Article
      Thai tourism industry rocked by scandal at governing body
      422 3  -  From Loh Hui Yin in BANGKOK A MANAGEMENT scandal has hit the national tourism body at a time when Thailand's tourism industry is working hard to return the shine to the country's biggest income earner. The government yesterday removed as governor
      422 words
    • Article, Illustration
      Lock icon KL minister testing phone screening device
      125 3 Reuter KUALA LUMPUR Malaysia's telecommunications minister is testing a device to screen abusive calls on his home telephone before putting it on the market. The Star newspaper yesterday quoted Minister of Energy, Telecommunications and Post S Samy Vellu as saying: "I receive an average
      Reuter  -  125 words
    • Article
      Lock icon Chinese firm in talks to set up M$15b Sarawak steel mill
      196 3 AFP KUALA LUMPUR A major company in China wants to set up a MSIS billion (SSB.9 billion) steel mill in Sarawak state that could emerge as Malaysia's biggest steel operation, officials said yesterday. "We are in the final stage
      AFP  -  196 words
    • Article
      Delay in Taiwan funds puts Viet highway project in jeopardy
      237 3  -  By Harish Mehta SINGAPORE The reconstruction of a part of Vietnam's Highway 5, running from Hanoi to Haiphong, is in jeopardy because promised funds have not materialised. Taiwan had agreed last September to provide US$3O million (5545.9 million) to rebuild
      237 words
    • Article
      MPs urge Jakarta to improve human rights in East Timor
      304 3  -  From Maggie Ford THE Indonesian parliament has urged the government to improve human rights in East Timor, in the first major criticism of policy towards the province. The inter-parliamentary cooperation committee of the House of Representatives said that to achieve
      304 words
    • Article
      Lock icon Cambodia tightens pre-shipment inspection law
      230 3 Reuter PIINOM PENH A new pre-shipment inspection law which comes into cfTecl on July I. covering u wide range of imported goods, will recoup millions of dollars for impoverished Cambodia's state coffers. A senior Finance Ministry official yesterday said: "We are losing many millions of
      Reuter  -  230 words
    • Article
      Lock icon Don't shut US out of S-E Asian trade, says Aussie minister
      214 3 AP CANBERRA South-east Asian countries should not exclude the United States from a programme to expand regional economic cooperation, Australia's foreign minister said yesterday. Garcth Evans, who was speaking in Manila at the end of a tour of the
      AP  -  214 words
    • NOTE BOOK
      • Article
        Lock icon Charges against Kitingan dropped
        124 3 Bernama, Reuter KOTA KINABALU Former Sabah Foundation director Dr Jeffrey Kitingan was freed by the High Court here yesterday of seven corruption charges involving about MsBoo,ooo (*****,000), undisclosed amount of brokerage commissions and unknown value of shares in timber shipping companies when the prosecution withdrew the
        Bernama,; Reuter  -  124 words
      • Article
        Lock icon Support for proposed electric train
        104 3 Bernama KUALA LUMPUR The proposed North-South high-speed electric train service will further spur the country's already booming economy, various groups said yesterday. Expressing overwhelming support for the proposal announced by Prime Minister Mahathir Mohahamd on Monday, they believed the service would help overcome transport woes
        Bernama  -  104 words
      • Article
        Lock icon Myanmar, Laos sign tourism deal
        34 3 UPI YANGON Myanmar and Laos have signed agreements on border demarcation and tourism cooperation following a visit to Vientiane by Myanmar's top military leaders, government media reported yesterday. UPI
        UPI  -  34 words
      • Article
        Lock icon China contractor wins M'sian project
        78 3 Bernama KUALA LUMPUR China Road and Bridge Corporation has been awarded the contract to upgrade Jalan Tasck in Ipoh, making it the first contractor from China to undertake a road construction project in Malaysia. The Ms3s million (5520.6 million) project entailed widening a six-kilometre stretch
        Bernama  -  78 words
      • Article
        Lock icon Manila posts US$616m surplus
        134 3 AFP MANILA The Philippines recorded a US$6l6 million (***** million) first-quarter balance of payments surplus, 4.6 per cent lower than the surplus posted in the same period in 1993. The Central Bank yesterday said this was due largely to a ballooning of the current account deficit
        AFP  -  134 words
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      96 3 f National University of Ireland, Dublin Specialising in any of these areas Marketing or Manufacturing Logistics Management Ist Intake September 1994 mmmh An 18-month programme 8 courses plus a dissertation Executive format 100% in Singapore Distance teaching mode Intensive block seminars in the evenings and weekends only, business not affected
      96 words
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      181 3 I r D^ l velopmen 1 1 "1 *1 1) I Investors Check List I JJJW PP; i w 1 Low Deposit Delayed Settlement 1 Liß'Wf T -1 :1 j Si 1 11 IIT, StvnpDrtySaying, ifelfc ITil r I 1 T "MM Rental mmmrn «t rH I 1 1 T
      181 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Taiwan's bid to narrow trade gap with Japan
      285 4 Business leaders back setting up of holding company AFP, Reuter TAIPEI Industrial and business leaders yesterday backed the establishment of a holding company at the end of this year to narrow the ever-ex-panding trade gap between Taiwan and Japan. Economics officials said
      AFP,; Reuter  -  285 words
    • Article
      Lock icon More effective ways to curb HK property prices needed: China
      239 4 AFP HONGKONG A senior Chinese official in charge of Hongkong affairs has called for more effective measures to curb the territory's rising property prices. Lu Ping, director of China's Hongkong and Macau Affairs Office, told a delegation of the Chinese
      AFP  -  239 words
    • Article, Illustration
      Lock icon Fishing for trouble?
      54 4 AFP HONGKONG There may be plenty of fish in the sea but Hongkong does not have enough labour to harvest them. So when 400 fishermen from China were repatriated, about 1,000 fishing boats protested against the move yesterday by trying to block the normal passenger-ferry traffic in
      AFP  -  54 words
    • Article
      Lock icon Beijing and Moscow reach agreement on western border
      229 4 AFP BEIJING China and Russia have reached agreement on the alignment of the short western section of their 4.000 km border. The agreement was reached during a 12-day fifth round of border talks between China and a joint delegation of four countries
      AFP  -  229 words
    • Article
      Lock icon China's inflation will ease in second half: govt official
      245 4 Bloomberg Business News BEIJING Inflation will case in the second half of the year, the official Economic Daily reported yesterday, quoting a top official. Zou Xiangqun. vice-secre-tary of the State Planning Commission, said inflation fell to 19.5 per cent in April
      Bloomberg Business News  -  245 words
    • CHINA WATCH
      • Article
        Lock icon Taipei to lift 1947 massacre pay-out
        105 4 Reuter TAIPEI Taiwan's ruling Nationalist Party has agreed to increase the limit on compensation for relatives of victims of a 1947 massacre but will not apologise for it, a parliamentary party leader said yesterday. The Nationalists also rejected demands by the main opposition Democratic
        Reuter  -  105 words
      • Article, Illustration
        Lock icon Festive feat
        48 4 Reuter TAIPEI For the Chinese, the fifth day of the fifth month of the lunar calender, which fell on Monday this year, marks the Dragon Boat Festival. And according to folklore, eggs can be stood up vertically (as above) only at noon on this day. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Taiwan to issue crime-proof passports
        113 4 AP TAIPEI Taiwan said yesterday it will start issuing ma-chine-readable passports this year to foil thieves and forgers. Some 20,000 passports were stolen last year, four times more than in 1987, the Foreign Ministry said. A Taiwan passport with Japanese or US visas sells for
        AP  -  113 words
  • Page 4 Advertisements
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      486 4 A great new plus. The more times you fly the bigger your bonus. (OVER AND ABOVE THE REGULAR MILES YOU EARN!) BBBiSHBBr "~*v— ROYAL Thai offers its Royal And the more times you fly, the bigger the Los Angeles in the U.S.A., and more destinations ORCHID Orchid Plus members one
      486 words
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      191 6 REPUBLIC PLAZA. EVERYTHING ELSE STANDS IN ITS SHADOW. Republic Plaza is more than just a statement of stunning architecture. It stands for Singapore's towering presence in the business arena of Asia and the competitive spirit of a nation that made it happen. Everything about Republic Plaza is designed to reflect
      191 words
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      49 7 v u^r:^ I* .II fl|Srom^H a- Qi HHtwil JIB IB ÜBI BHM 1191 II Q9B II I Ml |rt|>||| rfarfflmifcii nJIBI KiflffiH^& jb» iiiiMiM i raMßf I MM gl ■Mil 1 IB vlfjp?* KB /,> t^BlSPalp*V,'.Y t v ~v'-\; t .^{f^i^:^, ;vBKB HOB 'v^i ,:^i- V'"^'>' ■■'I^'^^ HHH »iSfl Sra^BHHßNß^^^H^BMEl^^^^^^^H
      49 words
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  • REST OF ASIA
    • Article
      Lock icon Tensions over N Korea curb labour unrest in South
      457 8 Reuter SEOUL Growing tension over North Korea's nuclear plans, while sending the Seoul stock market reeling, may encourage South Korea's powerful unions to be more flexible, economists and state officials said yesterday. June has traditionally been a period of labour unrest
      Reuter  -  457 words
    • Article
      Lock icon Dhaka told how to attract investors
      131 8 Reuter DHAKA The chairman of Japan's Marubeni Corporation has urged Bangladesh to cut red tape and adopt consistent policies to attract investment. "It needs political stability and consistency in policy if Bangladesh wants foreign investors to come." Kazuo Haruna told a news conference as
      Reuter  -  131 words
    • Article, Illustration
      Lock icon It's all a bit taxing
      48 8 Reuter KARACHI Visitors in the Karachi Stock Exchange's gallery watching brokers on Monday amid confusion among investors about new taxes announced last week in Pakistan's tough Budget. Measures include an expansion of a general sales tax and a policy of taxing the rich.
      Reuter  -  48 words
    • Article
      Lock icon India worried by inflation rate, but tips fall to 8pc
      318 8 Reuter TOKYO India's high inflation rate is "a cause of worry", but it could fall to 8 per cent by the end of the current fiscal year ending next March from just above 10 per cent now. Finance Secretary Montek
      Reuter  -  318 words
    • Article
      Lock icon Soros fund chief gets key post in Indian petrochem company
      236 8 Reuter CALCUTTA West Bengal state has given the head of the George Soros Emerging Markets Fund the deputy chairmanship of its US$l.l6 billion (551.77 billion) petrochemicals company. Purnendu Chatterjee is chief executive of the fund, which is investing 3 billion
      Reuter  -  236 words
    • ASIA NOTES
      • Article
        Lock icon Aussie minister denies Telecom sale
        79 8 Reuter CANBERRA Australian Telecommunications Minister Michael Lee yesterday denied a newspaper report that the government was considering selling part of state-owned Telecom Australia. "I've got no plans to privatise Telecom either in whole or in part and the draft (telecommunications) policy that I gave to
        Reuter  -  79 words
      • Article
        Lock icon Rengo firm on reform proviso
        69 8 Knight-Ridder TOKYO Japan Trade Union Confederation (Rengo), the largest labour organisation in Japan, yesterday said it will oppose a possible consumption tax hike unless the government promotes administrative reform aggressively, the Japan Broadcasting Corp (NHK) reported. Representatives of Rengo and coalition parties exchanged opinions yesterday
        Knight-Ridder  -  69 words
      • Article
        Lock icon Machinery orders fall 14.2pc
        65 8 AFP TOKYO Machinery orders from Japan's private sector in April dropped 14.2 per cent from March, reversing a 10.3 per cent jump in the previous month, the Economic Planning Agency said yesterday. Orders, excluding those from the volatile shipping sector and electric power companies, totalled 812.7
        AFP  -  65 words
      • Article
        Lock icon Car makers freeze starting salaries
        69 8 AFP TOKYO Troubled major Japanese car makers pegged starting salaries for new employees at the previous year's levels, taking an unprecedented step to cope with the current sales slowdown. Toyota Motor Corp, Nissan Motor Co Ltd and Mazda Motor Coip yesterday said they had frozen
        AFP  -  69 words
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      189 8 ARCHITECTURAL LANDMARKS y <^ ■mhmh 2 HHHfi SH|p|^lf^ ■i Eiffel Tower, Puis, Franc* 9 BHBHH Pyramids, Giza, Egypt Taj Mahal, Agra, India As Vancouver's most pivotal freehold residential address, The Palisades is the ideal nexus of commerce and leisure. The financial centre and fashionable Robson Street district are close at
      189 words
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  • THE WORLD
    • Article
      Lock icon Colombia, Venezuela, Mexico sign free trade agreement
      387 9 AP, AFP CARTAGENA, Colombia Colombia, Mexico and Venezuela signed a free trade pact on Monday, taking a step toward what many hope will eventually become a free trade zone extending from Alaska to Argentina. The signing by the presidents of the three countries
      AP,; AFP  -  387 words
    • Article
      Lock icon Clinton unveils long-awaited welfare reform plan today
      475 9 Bloomberg Business News WASHINGTON President Bill Clinton officially unveils his long-awaited welfare reform plan today in Kansas City, focusing on jobs and putting people on the dole to work. The cornerstone of Mr Clinton's plan is the so-called "two years and out" rule,
      Bloomberg Business News  -  475 words
    • Article
      Lock icon Clintons testify on aide's death, Whitewater
      177 9 NYT WASHINGTON In extraordinary sessions at the White House, President Bill Clinton and his wife, Hillary Rodham Clinton, provided sworn testimony on Sunday to the special prosecutor about the death of a White House lawyer and administration discussions of the Whitewater affair, the White
      NYT  -  177 words
    • Article, Illustration
      Lock icon Major determined to keep his job
      58 9 Reuter LONDON Prime Minister John Major speaking to reporters during an unprecedented White House-style news conference outdoors at his Downing Street official residence on Monday. Mr Major came back Fighting from a shattering defeat in European elections, saying he was determined to keep his
      Reuter  -  58 words
    • Article
      Lock icon Ex-BCCI executives convicted, ordered to pay US$8b damages
      321 9 AFP ABU DHABI A United Arab Emirates (UAE) court yesterday convicted 12 former BCCI executives of fraud and handed out jail sentences of up to 14 years for the scandal which ruined thousands of investors. The court also ordered the defendants to
      AFP  -  321 words
    • WORLD WATCH
      • Article
        Lock icon EC slaps duties on industrial imports
        75 9 Reuter BRUSSELS The European Commission is re-establishing customs duties on some industrial products from India, Malaysia, Thailand, Argentina and Pakistan. Duties to be re-introduced cover the pharmaceutical product paracetamol from India, and TV receivers, including video monitors, projectors and video recorders from Malaysia. The
        Reuter  -  75 words
      • Article
        Lock icon German postal workers stop work
        95 9 Reuter BONN Around 9,000 German postal workers left mail undelivered and telephones unanswered in more than 100 post offices and telephone exchanges on Monday as part of warning strikes over contract talks. Their union is trying to ensure that employees suffer no cuts in pay
        Reuter  -  95 words
      • Article
        Lock icon US legislates against credit inaccuracy
        61 9 Bloomberg Business News WASHINGTON The US House of Representatives on Monday passed a Bill to increase protection for consumers against inaccurate credit reports. The measure, which passed on a void, vote, says a consumer must be informed when he or she is denied a loan
        Bloomberg Business News  -  61 words
      • Article
        Lock icon Mancini dies
        51 9 AFP BEVERLY HILLS, California Oscar-winning composer Henry Mancini, famous for such huge hits as Riw and Days of Wine and Roses, died yesterday, aged 70, his pv.blicisi iald. Mancini won four Academy Awards for his easy-listening melodies which were sung and recorded by most of ,K e rnsy"
        AFP  -  51 words
    • Article
      Lock icon US targets offshore cartels with planned anti-trust Bill
      430 10 NYT WASHINGTON Contending that US anti-trust laws arc no longer adequate for an increasingly global economy, the Justice Department is seeking legislative authority to move against as many as 20 international cartels that are outside the reach of American prosecutors. Attorney-General Janet
      NYT  -  430 words
    • Article, Illustration
      Lock icon US govt committed to maintaining value of greenback against yen: Bentsen
      442 10 Bloomberg Business News WASHINGTON US Treasury Secretary Lloyd Bentsen said on Monday the dollar's recovery against the yen demonstrated the Clinton Administration's resolve to maintain the value of the currency. "We refuted the misperception that we had no concern
      Bloomberg Business News  -  442 words
    • Article
      Lock icon IMF may boost loans to nations embracing free market system
      285 10 AFP WASHINGTON The International Monetary Fund is considering boosting the size of the loans it gives developing countries and nations converting to a free market system, a source said on Monday. The IMFs board of directors will discuss on Friday
      AFP  -  285 words
    • Article
      Lock icon Sweet success overseas for US candy industry, says govt report
      390 10 AP WASHINGTON The US candy industry is tasting sweet success abroad. In a report on exports of non-chocolatc candy, the Foreign Agricultural Service says that since 1989, shipments of such products as lollipops, jelly beans, gum, licorice and rock candy
      AP  -  390 words
    • Article
      Lock icon Swiss renew struggle to plug money laundering loopholes
      229 10 AP GENEVA Stung by a massive drug money seizure and embroiled in a multi-million dollar fraud scandal, Switzerland is searching for new ways to shake oIT its public image as a haven for criminal profits. Despite the insistence of the banks the
      AP  -  229 words
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      Page 9 Advertisements Column 1
      113 9 This announcement appears as a matter of record only GENERAL FINANCE SECURITIES PUBLIC COMPANY LIMITED U5530,000,000 TRANSFERABLE REVOLVING CREDIT FACILITY Arranger Schroder International Merchant Bankers Limited Co-Ordinator (for Korea) Saehan Merchant Banking Corporation, Seoul Korea Direct Lenders Lead Manager Burgan Bank SAK, Kuwait Co-Lead Managers Daedong Bank DongNam Bank Korean
      113 words
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      172 9 FROM THE HUNTING HORN TO THE HARBOUR GRILL, PLEASE WELCOME THE GERMAN CHEF OF THE YEAR. JUNE 17-25. Albert Bouley, chef/owner A B of The Waldhom, has HB m travelled all the wayfrom the romantic medieval town of Germany to re-create y award winning cuisine the Harbour GrilL Author seven
      172 words
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      178 10 lA Com pax 1Q50", with the classic IQSOs case design in 18K soli J yellow or rose GoU is a limited edition model. Also available in a tachometer version. A classic of all time. The Chronograph "Compax 1950 from Universal Geneve faithfully reproduced in the original design of the *****.
      178 words
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  • SPORTS
    • Article
      Lock icon Agassi and Becker get helping hand
      179 11 AFP LONDON Wimbledon's seeding committee has elevated former champions Andre Agassi and Boris Becker above their current world rankings to ease their paths through the draw for the 1994 Championships. Agassi, currently ranked 17th, will be 12th-seed while Becker, now ranked 10th, will be
      AFP  -  179 words
    • Article, Illustration
      Lock icon Disneyland treat for Romanians
      43 11 AFP ANAHEIM, California The Romanian World Cup soccer team parading with Mickey Mouse during a visit to Disneyland on Monday. The team will be playing their first match against Colombia this Saturday at the Rose Bowl in Pasadena. Arr
      AFP  -  43 words
    • Article, Illustration
      Lock icon World's best seek to end US domination
      639 11 US Open preview AFP OAKMONT, Pennsylvania US golfers have dominated their national championship for. more than six decades, leaving the best players from the rest of the world a huge score to settle this week. Greg Norman of Australia, Jose Maria Olazabal of
      AFP; Reuter  -  639 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        58 11 NKW YORK Major League Monday American: Boston 2 Minnesota 5; Cleveland 7 Toronto 3; Baltimore I NY 3; Chicago I Oakland 0; Kansas City 12 California 7; Texas 17 Seattle 9. National: SF 5 Houston 4; Montreal 10 Pittsburgh 2; Atlanta 2 Colorado 7; NY 4 Philadelphia 3; St
        58 words
      • Article, Illustration
        Lock icon Cricket
        110 11 AFP LONDON Graham Gooch blasted a timely Kiwi warning here on Monday as he bccame the first Englishman to score 1,000 first class runs this season. The 41-year-old, who returned to international cricket to score 201 in the first Test against the tourists, masterminded Sex's county championship win over
        AFP  -  110 words
      • Article, Illustration
        Lock icon Golf
        60 11 AP LONDON British bookmakers on Monday installed Greg Norman. Nick Faldo and Nick Price as 10-1 favourites for this week's US Open. Ladbrokcs listed Masters champion Jose Maria Olazabal and Bern hard Langcr at 14-1, with Fred Couples. Ernie Els and Lee Janzen at 16-1. Ladbrokcs said Janzen. the
        AP  -  60 words
      • Article, Illustration
        Lock icon Olympics
        132 11 AP SYDNEY The man choscn to head the 2000 Olympics turned down the job at the last minute after his current employer made him a better offer. Games organisers said yesterday. It is the second time in five months that a candidate for the chief executive job has declined
        AP  -  132 words
      • Article, Illustration
        Lock icon Rugby
        72 11 Reuter WELLINGTON New Zealand Kugby Football Union chairman Eddie Tonks said yesterday he opposed the selection of overseasbased New Zcalandcrs for the All Blacks. Tonks spoke out a day after returning from talks with his Japanese counterpart Kono and other Japanese officials about the "poaching" of New Zealand talent
        Reuter  -  72 words
      • Article, Illustration
        Lock icon Table Tennis
        289 11 Reuter MIAMI Jennifer Capriati has agreed to enter a 12-month moni- toring programme that will erase the marijuana possession charge against her. a prosecutor said on Monday. Prosecutors said earlier they had offered to let Capriati enter Dade County's pre-trial diversion programme, which allows non-violent first-time offenders to
        Reuter  -  289 words
    • Article
      Lock icon Centres counting on supporting casts
      385 11 NBA Finals AP NEW YORK It was a highly anticipated matchup. Hakeem Olajuwon against Patrick Ewing Two of the National Basketball Association's best offensive centres going head-to-head for the championship. So what happened? Olajuwon's scoring has dropped in each of the first three games of
      AP  -  385 words
    • Article
      Lock icon Brazil shows strengths and flaws as finals nears
      603 11 WorldCupUShM Countdown to 1994 World Cup AP SAN FRANCISCO Whenever the Brazilian soccer team doesn't look particularly sharp in practice, somebody will recall the words of the legendary Didi. The two-time world champion midfielder was notoriously lackadaisical in training but brilliant when
      AP  -  603 words
  • Page 11 Advertisements
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      18 11 Game 4 will be shown live on SBC 12 at 9am tomorrow with a repeat at 11 pm.
      18 words
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      Page 11 Advertisements Column 2
      249 11 For $158* per room you will get your Seminar FREE The next time you plan for a seminar, make sure you ask for the Orchard Parade Hotel's Room 6 Seminar Boom Package. From Sl5B (single) per room, we will set up your seminar, at no charge with the following pails.
      249 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Will Apec evolve into beacon of free trade?
      1629 12  -  Trade 2000 and the Asia Pacific TAN KONG YAM TAN KONG YAM Dr Tan is head. Department of Business Policy. Faculty of Business Administration at the National University of Singapore Special to BT THE spectacular growth of the AsiaPacific region over the
      1,629 words
    • Article, Illustration
      Emerging issues call for more active role
      1179 13  -  Trade 2000 and Asean JOSE CONCEPCION JOSE CONCEPCION The writer is the former minister oj trade and industry of the Philippines. He is currently chairman of the Philippine Asean Council. Special to BT AT ABOUT the same time that the Gatt Uruguay Round
      1,179 words
  • Page 12 Advertisements
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      781 12 AM E RICAN EXPRESS BANK (a whoßy o—< wMditry oiAmarkan Eipmi Company) CONSOLIDATED FINANCIAL STATEMENTS Wortd FinancuM~««ter. New Tort NY ******2300 YEAR ENDED DECEMBER 31, 1993 H»mmi Branch: I* Co«r*r Qua* S*fap<x« 0104 Waphonc 5J8483) Wax: R*****2 CaMa Addr.j. AMEXBANK SINGAPORE CONSOLIDATED BALANCE SHEET (Millions of US dollars, except share
      781 words
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      Page 12 Advertisements Column 2
      49 12 tC l\ree lona yeans nsr n Mow "for other AM J <1 J esentel Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe Wanbao Shin Min Daily News Berita Harian Berita Mincgu Stmj.ifxwo Pth*
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      337 13 NEW BRANCH NOW OPEN IN BRUNEI 3P If you are worried about your hair you doubtless study every tiny area of your scalp that seems to 'show [7 through'more than it should. You can't be sure, there J f M may nof be any problem but then again, it could
      337 words
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      Page 13 Advertisements Column 2
      210 13 The Key Card To Successful Private Banking A This chart contains information which can be key to your successful international investment. Every long-term investor knows the only constant in any investment equation is change. A change in short-term interest rates can dramatically change the course of bond prices and yields.
      210 words
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      1520 14 Nothing Beats A Bud. Biffiifl where t w,ne |ne and entertain W»NO OF L a»/A7r> THE. %rrmsn. Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Ceremony and harmony
      809 15  -  Donnie Radcliffe and Coxanne Roberts mingle with guests at the White House state dinner held in honour of the Emperor and Empress of Japan Donnie Radcliffe,Coxanne Roberts AP AND so it came to pass that President Bill Clinton on Monday night recited haiku: **Nearing autumn's close/ my
      AP; AFP  -  809 words
    • Article
      Lock icon Clinton runs out of steam
      437 15 CHATTERBOX AP AP UPI UPI IT MIGHT have been the humidity. Or it could have been jet lag. Whatever the problem was. President Bill Clinton ran out of steam during his morning jog on Monday. After a quick start that left the air-con-ditioned press van
      AP; UPI  -  437 words
    • Article, Illustration
      Life and death in the theatre
      658 15  -  Claire Leow previews The Necessary Stage's new plays Claire Leow Depression, death and suicide are said to be taboo subjects but they perennially fascinate people. William Styron even became famous for writing novels almost exclusively on these topics. The Necessary Stage (TNS) is putting
      658 words
  • Page 15 Advertisements
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      38 15 AA Acres of^J Qm in Auckland, New Zealand 33.19 ha (approx. 82 acres) 2 25 minutes from CBD 5,000m 2 Building 2 Cottages 700 m of road frontage For more information contact Jim Williams or David Ling 3
      38 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1259 15 TV RADIO Cinema Paradiso of the village cinema in Sicily i i [•l'i L young Salvatore ers the the (Phillipe Noiret), lots makes a home falls love. Finally, he be- EXT 9.30pm, SBC 5 fl| Bl /B lf**S Ltl] When a fighter shoots JP*»&' down what he thinks is an
      1,259 words
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  • Article
    Healing Indonesia's income gap
    519 16 EDITORIAL INDONESIA is not the only country where, despite decades of steady economic growth, the gap between rich and poor has proved to be a stubborn one. The country's middle class has steadily grown and may number as many as 40 million, according to some estimates.
    519 words
  • WHAT THE OTHERS BAY
    • Article
      Study the OECD and learn
      268 16 IS THE International Labour Organisation aware that it is rushing towards a quagmire from which far richer nations are now trying to extricate themselves? If the ILO pushes its members to adopt labour rigidities even before their economies have taken off, it could create a
      268 words
    • Article
      A joint responsibility
      157 16 MANAGING 4.2 million school children, each an individual, from diverse backgrounds and abilities cannot reasonably be left to schools and education authorities. Neither can it be left solely to parents. It belongs to society. The onus, of course, is on parents to provide a stable background for
      157 words
    • Article
      Tap the economic potential
      204 16 THE Mendaki Foundation is carrying out a survey as an attempt to measure the economic potential of Muslims in Singapore and getting their feedback. Why is such a survey important? Mendaki has outlined its reasons, one of which is to look into ways of strengthening its
      204 words
    • Article
      Tighten hotel security
      151 16 A JAPANESE TOURIST was recently robbed and murdered in a hotel. Though this is regarded as an isolated case, we cannot afford not to take it seriously. The incident has, to a certain extent, reflected the possible defects inherent in our hotel security system. The police and
      151 words
    • Article
      Derivatives need scrutiny
      118 16 THERE IS growing concern around the world about the growth of derivatives on international markets. Hongkong has been experiencing its fair share of worries about these new financial devices. Supporters of derivatives argue these are legitimate financial tools offering professional investors new flexibility and more efficient ways
      118 words
    • Article
      Buy him off
      123 16 SOME WAY has to be found to stop North Korea's bomb. It threatens the delicate balance of the Nuclear Non-proliferation Treaty (NPT) due for renewal next year. There seems to be another option, however, rather than sanctions or a pre-emptive strike. It is basically to buy Kim
      123 words
  • Article, Illustration
    Lock icon The Fed can't forget the '70s — but it should
    795 16  - The Fed can't forget the '70s but it should The US Federal Reserve worries about giving up its gains against inflation. But an excessively tight Fed policy carries an equal risk, says Michael Mandel Michael Mandel The writer is an economics editor. Reproduced from Business Week International by special permission.
    Source: Business Week International  -  795 words
  • Page 16 Advertisements
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      235 16 A monthly panorama of French Government securities and the French economy annualize* r* Ml«* >*• If you cant afford to miss these three key indicators, or any of the others, take out a free subscription Contents of the Monthly Bulletin of French Goverment Securities t French Economy Monthly redemptions OATs,
      235 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      66 16 U>fcONG> ON 6GTH CDONTS.... BR£P^ H G... GXTRPkORDNPtfty V4 se ii Ji/* ii£SsS3fe *±„M i&QK \T's pv lova) fu/ihg RvCCRpiFT OR TVte. r"Vj«COU»HG 8&6.S C AMOCIATIO MWWDHItILTD, IMMM4 &idU~« *x* DOONESBURY GARRY TRUDEAU f.-. urn WASH mzuA&rr ee&vez, CARICA- JUST I Mf FAULT. TTUfiSOTHBR. V€*e WZ*UJHAT LOOK AT WHAT* 0'"
      66 words
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  • ANALYSIS
    • Article, Illustration
      Great expectations from a motley group
      914 17  -  While Neville Stack examines the results of the European Parliament elections and what they portend for the EU's winners and losers, Shada Islam finds Asians set for intensive lobbying of an institution that has acquired new clout with the Maastricht Treaty Neville Stack, Shada
      914 words
    • Article
      Asia stands ready to court the new parliamentarians
      826 17 ONLY DAYS after they take up their seats at the European Parliament's Strasbourgbased headquarters in mid-July, the newly elected 567 Euro MPs can expect to get their first taste of international glamour. Given their increased clout in the European Union's internal and
      826 words
  • Page 17 Advertisements
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      29 17 TOED IlfKf FIND II IN THE SIMIISTIMES CLASSIFIED Let your fingers walk to the service professionals listed in our service directory of The Straits Times r Jr-rc Classified. 1737-1166
      29 words
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      Page 17 Advertisements Column 2
      71 17 s 'V' n W-T'i! W Ho 3 Z H (9 x HBHH < wßriM f|| < S nUTai* 8 s B JBjKI wji r Hi Hi i Jm** •**»»>».- J > CATEiriIIAI CATERPILLAR AVAILABLE WITH LEATHER STRAP OR BRACELET AND IN VARIOUS COMBINATIONS Of STEEL, 18 CT GOLD ANO OIAMONOS
      71 words
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  • Article
    Lock icon Sanctions will lead to pullout from N-pact, warns N Korea
    463 18 Reuter, AFP, AP UNITED NATIONS North Korea warned yesterday that any UN move to impose sanctions to press for nuclear inspections would be seen as an act of war and could lead to Pyongyang's withdrawal from the Nuclear Non-Proliferation Treaty.
    Reuter,; AFP,; AP  -  463 words
  • Article, Illustration
    Lock icon Foreign share of Japanese semicon sector remains above 20pc target
    557 18 Bloomberg Business News, Reuter WASHINGTON The foreign share of the Japanese semiconductor market, a closely watched barometer of USJapan trade relations, remained slightly above the 20 per cent target in the first quarter of 1994. The United States Trade Representative's
    Bloomberg Business News,; Reuter  -  557 words
  • Article
    Lock icon German, French telecom giants confirm alliance with Sprint
    312 18 Reuter BONN State telecommunications monopolies in Germany and France have confirmed plans to buy a 20 per cent stake in Sprint Corp of the US for US$4.2 billion (556.4 billion) and set up a global communications alliance. Deutsche Bundespost Telekom and France
    Reuter  -  312 words
  • Article
    Lock icon EU ministers, Russia set to sign free trade pact
    239 18 Bloomberg Business News LUXEMBOURG European Union foreign ministers agreed in principle to sign a trade pact with Russia designed to lead to a free trade zone between the two powers, an EU spokesman said. The agreement is expected to end 19
    Bloomberg Business News  -  239 words
  • Article
    Lock icon US May CPI calms inflation fears: economists
    380 18 Reuter, AP NEW YORK The latest data on US retail inflation, which was basically in line with expectations, yesterday calmed financial market fears stirred by last Friday's report on wholesale inflation. "The (inflation) numbers are coming in a tad below expectations. I think
    Reuter,; AP  -  380 words
  • Article
    Lock icon US milk industry warns against Canada tradeoff
    239 18 Bloomberg Business News, AP WASHINGTON The milk industry yesterday threatened to oppose a worldwide freetrade agreement if the Clinton administration allows Canada to maintain high trade barriers against US dairy products. The seven-page warning letter to US Trade Representative Mickey Kantor came as
    Bloomberg Business News,; AP  -  239 words
  • Article, Illustration
    US stance on N Korea just a lot of hot air?
    804 18  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is a BT journalist SOMEONE must be lacing the drinks in Washington's cocktail circuit with testosterone, judging by the sound of things being said about what the United States should
    804 words
  • Page 18 Advertisements
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      45 18 COMPAQ. PS Authorised Dealer For Singapore China I I SINGAPORE LUMPUR NGEE ANN OOEON TOWERS £M MENARAIMC CITY (OmkFUMm (Opp Shangri-La Hot*) (Orthard Roid) Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-*****76 MRCENTRE a Operate A Business From Home? We give complete supporVaddress/dedicated phone Ca*****524Q
      45 words
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      Page 18 Advertisements Column 2
      102 18 11 ■!>•' ENHANCE l\ BSI Memory Products Inc. 1/'" LS££52J Upgrades For Your PC Dauphin "Sitzkultur". A COMPANY'S STRENGTH LIES IN THE Backbone of its staff. The IL itst provisos porfoct the economic success of a company. pastaral support for both tho tall FOR PIOPLI WITH BACKBONE, and tho ■ot*so*tall.
      102 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Idris gets approval to pursue commercial banking licence
      501 19  -  By Amy Balan SINGAPORE Financebased Idris Hydraulic (M) Bhd is on the verge of achieving its dream a coveted commercial banking licence. The company yesterday announced it had approval from the of Finance (MOF) to negotiate a merger with The Bank of
      Source: Bridge Info  -  501 words
    • Article
      Aztech shares set price record on the heels of Creative offer
      280 19  -  By Bernard Chew SINGAPORE Shares of Scsdaq-listed sound card maker Aztech Systems rose 11 cents or 7 per cent in heavy trading yesterday afternoon to hit 1.66 the highest level since the company went public four months ago. Nearly
      280 words
    • Article
      Ong Beng Seng's bid for Brash finds favour in Australia
      315 19  -  From Florence Chong in SYDNEY A PROPOSAL by Singaporean tycoon Ong Beng Seng to rescue ailing Australian musical and electrical retailer Brash Holdings is said to be the preferred plan of the company's court-appointed administrator. In a debt-for-equity swap, Mr
      315 words
    • Article
      Hwa Tat Lee, German firm enter leather tanning venture worth $10m
      213 19 SINGAPORE Listed furniture maker Hwa Tat Lee will set up a $10 million leather tanning and finishing plant here. A new joint venture company, Hwa Tat Lee Leather, will operate and manage the plant, which is expected to sell
      213 words
    • Article
      Grocery firm Davids — an Aussie stock with some Asian flavour
      720 19  - Grocery firm Davids an Aussie stock with some Asian flavour HOCK LOCK SIEW By Peter Osborne SINGAPORE The initial public offer by Davids Ltd, Australia's largest grocery wholesaler and distributor, closed last Friday. The results of the offer will be known today. Although the company had earlier announced that applications
      720 words
    • Article
      JC-MPH's bid for Players runs into resistance
      385 19  -  From Florence Chong in SYDNEY JACK CHIA-MPH Ltd could be running into obstacles in its bid to take over Australian biscuit manufacturer Players Group Ltd. Players' adviser, Macquarie Bank, had recommended that Players' shareholders hold on to their stock and wait for the
      385 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 19 Firm Market Mood' indicates the likely trading sentiment today, based on hrokirs pol/iil at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Daiwa, Kay Hian. Morgan (JrenJUl. Nomura. OngCo, Phillip. Smith New Court and SG Warburg.
        40 words
      • Article, Illustration
        HOT STOCK
        137 19  -  -By Paul Leo Causeway Investments has made a round trip, returning yesterday to its year's low of 1.88 previously set on Jan 3, from a high of $5.85 on Feb 28. A repeat performance is unlikely, though technical factors indicate a possible gain of $1.00 in the medium
        137 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          UOB warrant exercise prices revised
          74 20 SINGAPORE United Overseas Bank said yesterday that as a result of its one-for-10 rights issue at $3.10 per loeal rights share and $4.12 per foreign rights share, the exercise prices for warrants 1994 and 1997 have been adjusted. The exercise price for warrants 1994 has
          74 words
        • Article
          Subscription for Hotel Royal rights
          58 20 SINGAPORE Hotel Royal said yesterday its one-for-two rights issue announced on May 10 received a subscription rate of 108.2 per cent of the number of shares offered. Acceptances totalled 9.88 million rights shares, or 98.8 per cent of those offered. There were 939,850 excess applications,
          58 words
        • Article
          Lock icon Hai Ming debuts with M$1 premium
          103 20 Bernama KUALA LUMPUR Paper manufacturer Hai Ming Holdings Bhd made a debut on the Kuala Lumpur Stock Exchange yesterday at a Msl premium over its M 52.10 offer price. The Second Board counter opened at M 53.10 but drifted down to finish at M
          Bernama  -  103 words
        • Article
          Lock icon Inchcape Timuran upbeat about results
          88 20 NST KUALA LUMPUR Inchcapc Timuran Bhd is confident of returning to its previous profitability levels as a result of a consolidation and restructuring exercise started last year. Based on its performance for the first half of this year, managing director William Graham said the company
          NST  -  88 words
        • Article
          Lock icon Time awarded telecoms licence
          46 20 Bernama KUALA LUMPUR Time Telecommunications Sdn Bhd yesterday said it has been awarded a licence to establish, maintain and operate a domestic telecommunications network using fibreoptic cables, domestic satellite earth stations and microwave links as well as switching centres in Malaysia. Bernama
          Bernama  -  46 words
        • Article
          Lock icon MRCB to seek out new opportunities
          60 20 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd, which expects profitability to improve in the years to come, says it will continue to seek out new business opportunities in order to broaden its earnings base. Chairman General Mohd Ghazali Che Mat said income growth was
          Bernama  -  60 words
        • Article
          Lock icon Country Heights' pre-tax rises 133pc
          78 20 Bernama KUALA LUMPUR Country Heights Holdings has reported a group audited pre-tax profit of M 526.57 million (S$ 15.67 million), posting a gain of 133.1 per cent for the year ended Feb 28, 1994, compared with MS 11.40 million previously. Group turnover registered a 71.3
          Bernama  -  78 words
      • Article
        Bank Bira plans to bring in 48b rupiah through share offer
        493 20  -  By William Chia SINGAPORE Fast-ex-panding Indonesian Bank Bira is planning to raise 48 billion rupiah (5533.6 million) through an initial public offer. Bank Bira vice-president Parveen Gandhi told BT in Jakarta recently that the public offer will comprise 20
        493 words
      • Article
        Salim unit Indofood plans to raise 130b rupiah in IPO
        360 20  -  By Shiv Taneja SINGAPORE The world's biggest producer of instant noodles. Indofood Sukses Makmur of Indonesia, is offering 21 million new shares to the public at 6,200 rupiah each or 130 billion rupiah (Ss92 million). In a statement yesterday on
        360 words
      • Article
        Peregrine, Indon firm set up investment venture
        110 20 JAKARTA The Hongkongbased Peregrine Investment Holdings is expanding its business here to participate in the growing economies of Southeast Asia, the Jakarta Post quoted chairman Philip Tose as saying. Mr Tose told reporters last week that Peregrine, the largest Asian investment bank outside
        110 words
      • Article
        Lock icon Tajudin likely to pledge TRI shares in bid for MAS stake
        408 20 NST KUALA LUMPUR Corporate leader Tajudin Ramli will probably pledge his shares in Technology Resources Industries (TRI) as collateral to secure a M$ 1.792 billion (551.057 billion) loan to purchase a 32 per cent stake in Malaysian Airline System
        NST  -  408 words
      • Article
        Lock icon TH Loy primed to venture into oil, gas industry
        238 20 Bernama KUALA LUMPUR TH Loy Industries (M) Berhad is poised to venture into the oil and gas industry, which will broaden its earnings base following its recent acquisition of two oil and gas service companies. Probadi Sdn Bhd and Maser Engineering
        Bernama  -  238 words
      • Article, Illustration
        Keppel unit expects demand for Philippine shiprepair to grow
        274 20 SINGAPORE: The liberalisation of the Philippines' inter-island shipping industry, coupled with growing confidence in the country's economy, will help boost demand for shiprepair services there. Keppel Corp member Cebu Shipyard and Engineering Works (CSEW) said these factors have already prompted major
        274 words
      • Article
        Lock icon Omega set to plough more capital into margin financing
        249 20 Bernama SHAH ALAM Omega Holdings Bhd is poised to increase its margin financing business with an additional M 554.26 million (5532.01 million) working capital to be raised through its rights issue. "Margin financing is a very big business in a very
        Bernama  -  249 words
      • Article
        UNIT TRUSTS & FUNDS
        537 20 UNIT TRUSTS FUNDS Mutagen pncct Jun is UMB Invest Mgt Ltd fiimnnnrn Ilnt4 Tnact Unifund 1.45 I.SI Singapore unn irusi umbondf 1.03 1.055 The Commerce 1.65 l.75xd United Gr Fund! 1.67 1.73 The Savings Fund 1.54 1.63 United Asia Fund 1.66 1.76* S pore Prog Fund 0.70 0.74 haw Itf.
        537 words
      • Article
        Lock icon Timing is right for major NZ property float: Seabil CEO
        438 21 Reuter WELLINGTON The man in charge of New Zealand's largest commercial property float since 1987 is confident the timing is right. The float, the latest deal to emerge from a continuing relationship between Hongkong's Sea Holdings Ltd and New Zealand's
        Reuter  -  438 words
      • Article
        Hainan firm to sell shares by tender to mainlanders
        180 21 HONGKONG A Hainan company has announced plans to sell scrip in an initial public offer to mainlanders by tender. The South China Morning Post yesterday said that the announcement came only days after Shanghai Petrochemical called off a similar plan to
        180 words
      • Article
        Lock icon NZ group to hive off Aussie assets
        109 21 Bloomberg Business News WELLINGTON New Zea-land-based liquor group Wilson Neill is proposing to hive off its Australian brewing and hospitality businesses into a new listed company. The new company, to be called the Australian Brewing and Hospitality Group, will raise As3s million (5539.2
        Bloomberg Business News  -  109 words
      • Article
        Analysts forecast 17pc rise in HK corporate earnings
        482 21 MARKET HONGKONG Analysts' forecasts of the territory's corporate earnings growth indicate healthy gains averaging about 17 per cent in 1994 and 16 per cent in 1995, according to the June issue of the Estimate Directory. The South China Morning Post on Monday
        482 words
      • COMPANY BRIEFS
        • Article
          Lock icon China Pharmaceutical's healthy IPO
          66 21 Bloomberg Business News HONGKONG China Pharmaceutical Enterprise and Investment Corp, a China-controlled vitamin C maker, yesterday said its initial public offer of shares was 3.27 times subscribed. The company offered to sell 186 million shares at HKSI.OS each to raise HKSIBO million (5535.6 million) after expenses.
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Oki Electric in Thai move
          70 21 AFP TOKYO Japan's Oki Electric Industry will shift 45 per cent of its printer and facsimile production to Thailand by the end of 1996 to restructure the loss-carrying operation. The leading telecommunications equipment maker will build a 600 million yen (SSB.7 million) plant in Ayutthaya,
          AFP  -  70 words
        • Article
          Lock icon Japanese bid for Indon project
          92 21 AFP TOKYO Japan's Nippon Telegraph and Telephone (NTT), Itochu Corp and Sumitomo Corp plan to bid jointly for a US$2 billion (SS3 billion) telecommunications project in Indonesia. Company officials yesterday said NTT and the two trading houses were also calling on local companies, including the
          AFP  -  92 words
        • Article
          HK Telecom dials up colour pictures
          73 21 HONGKONG Hongkong Telecom CSL has launched a new still-image video-telephone system that allows for transmission of high-quality colour pictures over a standard telephone line. The South China Morning Post yesterday reported that the new Picasso Phone System, developed by AT&T, would allow an image
          73 words
      • Article, Illustration
        Lock icon IBM files for end of decree on intra-corporate dealings
        400 22 Reuter NEW YORK International Business Machines Corp filed a motion in the US District Court on Monday seeking to terminate a 1956 consent decree that the company says makes it difficult to compete in the computer services business. The decree requires
        Reuter  -  400 words
      • Article
        Lock icon Crime really can pay — at least for some US investors
        235 22 Crime really can pay at least for some US investors NYT NEW YORK Since June 14 last year, some crime has not only paid, but paid better than the Standard Poor's 500 about 35 times better. If one year ago last June 14 an investor had tucked away US$l,OOO (S$
        NYT  -  235 words
      • Article
        Lock icon Enterprise lifts Lasmo bid by 12pc to £1.59b
        252 22 Bloomberg Business News LONDON Enterprise Oil pic said it increased its offer for Lasmo pic to 165 pence per share from 150 pence. The bid values the company at £1.59 billion (553.6 billion) compared with £1.448 billion previously. The final bid is
        Bloomberg Business News  -  252 words
      • Article
        Lock icon Second govt agency starts anti-trust probe on takeover of Macy
        289 22 AP NEW YORK The New York state attorney general has begun investigating anti-com-petitive problems that could result from the proposed takeover of R H Macy Co by its arch-rival. Federated Department Stores Inc. The inquiry is the second such action
        AP  -  289 words
      • Article
        Lock icon Reporting of Euro equity trading faces big shake-up
        389 22 Reuter LONDON The manner in which European equity transactions are reported faces a significant change through legislation, under the Investment Services Directive, which is due to be implemented at the start of 1996. The Economics and Statistics Sub-committee (ESS) of the Federation
        Reuter  -  389 words
      • Article
        Lock icon Recession-hit Moulinex loss grows to 598m francs
        191 22 NYT PARIS Moulinex, the French household appliances group, suffered a net loss of 598 million French francs (S$ 159 million) last year, a sharp increase from losses of 41 million francs the previous year. The company, which is being refinanced, said the results
        NYT  -  191 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Morgan Stanley gets investment adviser's licence from MAS
        538 23  -  By Agnes Chen SINGAPORE Morgan Stanley, better known in this part of the world for strategist Barton Biggs' "maximum bullish" pronouncements on China, has recently been given the nod to manage money for Singapore companies and individuals. BT understands that the Monetary
        538 words
      • Article
        Lock icon Bank expects ringgit to rise against US$ in medium term
        261 23 Bernama KUALA LUMPUR The ringgit is expected to strengthen to 2.55-2.57 in the medium to long-term against the US dollar in line with the strong economic fundamentals and the government's current policy of fighting inflation with a stronger ringgit. Bank
        Bernama  -  261 words
      • Article
        Lock icon Bank Buruh chief set to join conglomerate
        128 23 Bernama KUALA LUMPUR Bank Buruh (M) Berhad's chief executive officer, Ramon Navaratnam, may quit his post soon to join a conglomerate. Mr Navaratnam, who has been with the bank since 1989, said that a press conference held yesterday to release the bank's monthly
        Bernama  -  128 words
      • Article
        Lock icon India asks Japanese banks to help ease settlement problems
        323 23 settlement problems AFP TOKYO India's finance secretary, Montok Singh Ahluwalia. yesterday said he had asked Japan's Sanwa Bank and Bank of Tokyo to act as custodians for foreign institutions making portfolio investments in India. Mr Ahluwalia also said foreign banks were
        AFP  -  323 words
      • Article, Illustration
        Lock icon US fund manager sees China as Asia's growth engine
        505 23 Reuter NEW YORK Believing that China will be the growth engine of Asia for the next two decades despite spectacular gains in nearby emerging markets. the Mackenzie family of funds is focusing two-thirds of a fund launched late last year on
        Reuter  -  505 words
      • SMALL CHANGE
        • Article
          Lock icon Japan banks eye home loan deals
          97 23 Reuter lOKYO Japanese banks will introduce new products to meet customer needs if Japan's Finance Ministry (MOF) lets commercial banks set interest rates on housing loans on their own, a top industry official said yesterday. Toshio Morikawa, chairman of the Federation of Bankers Associations
          Reuter  -  97 words
        • Article
          Lock icon Hanoi hotel financing near completion
          76 23 Reuter HANOI A US$25 million (SS3B million) financing package should be finalised soon for expansion of the Sofitel-Metropole. Hanoi s top hotel, bankers said here yesterday. The International Finance Corporation is in negotiations with commercial banks led by Banque Indosucz, they said. The banks are
          Reuter  -  76 words
        • Article
          Lock icon Record profits for Taiwan govt banks
          105 23 AFP TAIPEI Three banks run by the Taiwan government are expected to post record pre-tax profits in fiscal 1994 ending this month, the Commercial limes reported yesterday. The three listed banks Chang Hwa Commercial Bank Ltd, First Commercial Bank Ltd and Hua Nan Commercial
          AFP  -  105 words
        • Article
          Lock icon Reform of Japan's OTC rules sought
          88 23 Reuter TOKYO Japan's Securities and Exchange Surveillance Commission (SESC) asked the Ministry of Finance to reform rules for companies on the over-the-counter (OTC) market to prevent false reporting of earnings, a commission official said yesterday. The securities watchdog said it had found, in one
          Reuter  -  88 words
        • Article
          Lock icon Santander purchase of Banesto cleared
          98 23 Reuter BRUSSELS The European Commission said yesterday it had approved the planned purchase by Banco de Santander SA of Banco Espanol de Credito (Banesto). It will be through a 73.45 per cent shareholding owned by Fondo de Garantia de Depositos. The EC said the merged
          Reuter  -  98 words
      • Article
        Six banks pool US$15m for Srithai Superware loan
        220 23 SINGAPORE Srithai Superware Public Co Ltd, a leading plastic and melamine producer and distributor in Thailand, is to raise a US$l5 million (SS23 million) loan from a consortium of six banks. The deal will be signed in Singapore today. It is a
        220 words
      • Article
        Lock icon S'pore refiners shifting to higher value-added products
        468 24 AFP SINGAPORE A shortage of land and changing demand are forcing Singapore oil refiners to switch output to higher val-ue-added products instead of expanding primary production, industry officials said yesterday. They said a new preference for lighter or cleaner petroleum products also reflected
        AFP  -  468 words
      • Article
        Lock icon Opec urged to keep tight grip on production
        425 24 AP VIENNA Anxious to keep oil prices rebounding, Opec ministers are urging the cartel to maintain a tight hold on crude production in the autumn and winter. Ahead of today's opening session of the group's summer conference, several ministers of the 12-nation
        AP  -  425 words
      • Article
        Lock icon Coffee prices near 5-year high
        164 24 Reuter NEW YORK Coffee futures pri<j|ps neared their highest levels in five years on Monday as a US Department of Agriculture estimate predicting a lower* world crop revived supply fears and the prospect of higher prices. In active trading, spot July coffee shot up 13.10
        Reuter  -  164 words
      • Article, Illustration
        Lock icon Sugar shortage hits India
        48 24 Reuter BOMBAY A dock worker unloading sacks of sugar imported from Thailand at Bombay on Monday as India faces an acute shortage of the product. India has contracted to import 1.2 million tonnes from overseas amid controversy over a sharp rise in prices. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Copper futures rally, further gains tipped
        201 24 Reuter NEW YORK Fund and commercial buying pushed Comex copper futures on Monday to their highest levels since July 1992 and further strength is likely from the technical standpoint, traders and analysts said. "A positive break above 110 US cents encouraged funds to increase
        Reuter  -  201 words
      • Article
        Lock icon Thailand sets up panel to probe rubber shipment snags
        190 24 Reutcr BANGKOK The Thai government has set up a committee to look into difficulties in meeting contracted rubber shipments, notably a contract for 100,000 tonnes to China. "The committee, which will have its second meeting this Thursday, is investigating the whole
        Reutcr  -  190 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        152 24 IT WAS a day of dull trading in the regional currency market with Hongkong still on holiday yesterday. The Singapore dollar traded in a narrow 10-point band against the US dollar, between 1.5308 and 1.5318, with most trades going through between 1.5310 and 1.5315. Interest
        152 words
      • Article
        Lock icon New York
        82 24 AFP NEW YORK The dollar weakened against other major currencies except against the pound sterling here early yesterday after the publication of anticipated US inflation figures. At about 9:00 am (1300 GMT), the greenback traded at 1.6415 marks, down from 1.6453 late Monday. Against the yen, it traded
        AFP  -  82 words
      • Article
        Lock icon London
        183 24 Bloomberg Business News LONDON The dollar fell to a five-week low against the Japanese yen yesterday as concerns about progress in trade talks between the US and Japan outweighed fresh buying of US bonds. US bonds rallied after news of a modest 0.2 per cent rise in US consumer
        Bloomberg Business News  -  183 words
      • Article
        US crude oil futures surge on supply worries
        188 24 Bloomberg ENERGY REPORT LONDON Concerns about whether crude oil stores in the US Midwest are sufficient to meet contract deliveries on the New York Mercantile Exchange buoyed crude oil prices for the second day in a row, brokers said. West Texas Intermediate
        188 words
      • Article, Illustration
        Untitled
        1563 24 /«*/«*->< iiklex ixihulaltxl agumsi S"jmrs top 14 tradm* painters year I9SS US$/S$ forward rates Noon June 14 s$ Bid Offer 1-month 1.5295 1.5310 2-month ***** I 5306 3-month 1.5286 1.5301 6-month 1.5267 1.5287 Source: OCBC FOREIGN CURRENCY NOTE RATES As at Sun on June 14 Singapore dollars to one unit
        1,563 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar slip in dull market
        1262 25 Reuter SINGAPORE Simex Euroyen and Eurodollar futures closed easier in thin dealings yesterday. A trader with a Japanese bank said Euroyen eased in featureless trade. "Trade was extremely thin in Tokyo and Simex. Investors were not keen to do anything today." He said market
        Reuter  -  1,262 words
      • Article
        KL tin firmer on higher demand
        624 25 COMMODITY REPORTS Tin TIN closed firmer at MS 14.45 a kg on increased demand from European. Japanese and local buyers, dealers said. They said the buyers were following surging copper and tin prices on the LME despite a higher local premium to LME of
        624 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Malaysia's coffee bean imports seen up
          84 25 KUALA LUMPUR Malaysia's coffee bean imports should grow slightly this year from 1993's 11,046 tonnes because of higher domestic consumption of coffee, according to the Federal Agriculture Marketing Authority. Consumption of ground coffee is expected to rise to 10,459 tonnes in 1994 from 9,956
          84 words
        • Article
          Indon soybean output likely to rise
          110 25 SINGAPORE Indonesia's annual soybean output is likely to rise to 3.48 million tonnes by 1998, the Jakarta Post reported yesterday, quoting the director general of edible oil plantations and horticulture, Amrin Kahar. Output in 1994 has been put at 1.70 million tonnes, unchanged from
          110 words
        • Article
          Australia cuts wheat crop forecast
          38 25 SYDNEY The Australian Bureau of Agricultural and Resource Economics yesterday revised its forecast for the 1994-95 (April-March) Australian wheat crop to 15.725 million tonnes, down from its May 10 estimate of 15.987 million.
          38 words
        • Article
          Japan May cotton yarn output down
          119 25 TOKYO Cotton yarn production by members of the Japan Spinners' Association totalled 80,888 400-pound bales, or 14,676 tonnes in May, the association said in a report released yesterday. That, is down 17.3 per cent from 97,847 bales, or 17,753; tonnes, a year earlier, the
          119 words
    • Article
      COMMODITY PRICES
      1367 25 Rubber Singapore Commodity Exchange (futures dosing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 94 166.75 2050 Auk 162.50 2200 Sep 160 00 159.75 159.75 100 2525 Oct/Dee 157.00 157.00 158.00 150 8775 Jan/Mar 158.00 2775 RSS 3
      1,367 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1245 26 +7.2 AUSTRALIAN stocks pulled back slightly to closed up but otT the day's highs yesterday, with the resource sector recording the only significant movement. The All Ordinaries index ended 7.2 points up at 2076.6, otT a noon high of 2080.8. Brokers said stronger base metal prices over the weekend
        1,245 words
      • Article
        Manila
        550 26 -1.68pc Philippine stock prices fell for the tourth straight trading day yesterday with investor locking in nearly US$3OO miljion tor four major initial public offerings within the next three weeks, analysts said. The Philippine Stock Exchange said the composite index closed 1.68 per cent lower to 2,936.05 points, 50.14
        550 words
      • Article
        Taipei
        572 26 +25.51 Taiwan stocks closed otT their highs in active trade as late selling emerged to erode earlier sharp gains, brokers said. They said that in mid-morn-ing trade, the index broke through resistance at 6,153 points to an intra-day high of 6,177.96, but profit-taking then emerged to send the index
        572 words
      • Article
        Seoul
        427 26 -19.52 Seoul stocks plunged on selling by investors worried about North Korea's decision to withdraw from the International Atomic Energy Agency (lAEA), brokers said. The composite index ended at 903.72, down 2.11 per cent or 19.52 points from Monday. "Many investors retreated, taking a wait-and-see attitude," said Chung Suk
        427 words
      • Article
        New Zealand
        283 26 •27.48 New Zealand shares finished a dismal day 1.3 per cent lower in minimal volume. The NZSE-40 capital index lost 27.48 points at 2,076.54. The NZSE-40 capital index was dragged down by weakness in all the leaders, most notably Telecom, which ended at NZ$5.OO, off 12 cents. Carter
        283 words
      • Article
        Bombay
        58 26 12.41 Share prices ended higher on late buying in select shares by foreign mutual funds, mainly Oppenheimcr and Morgan Stanley, brokers said. The Bombay Stock Exchange (BSE) 30-share index rose 12.41 points to a provisional 4,141.26 after touching a low of 4,113.58 at mid-session. The 100-share national index closed
        58 words
    • WORLD STOCK MARKETS
      • Article
        London
        684 26 +23.4 UK stocks climbed amid buying of oil companies' shares and a rally in government bonds late in the day. The FT-SE 100 Index of leading shares rose 23.40 points to 3039.70, led by gains in British Petroleum Co Pic and Shell Transport Trading Co Pic. Broader stock averages
        684 words
      • Article
        Paris
        113 26 +14.33 French stock prices rose from the year's low reached on Monday as US economic data dispelled some investors' concerns about inflation. The CAC-40 Index of blue chip stocks rose 14.33 to close at 1991.99, following the news that the American consumer price index rose just 0.2 per cent
        113 words
      • Article
        Stockholm
        124 26 +2.26 Swedish shares recovered early losses and closed higher after the US May CPI Index eased concerns inflation was picking up. The OMX Index of 30 leading slocks rose 2.26 points to 1112.05 but losers outnumbered winners by 14 to 13. Three stocks closed unchanged. Telecom group LM Ericsson
        124 words
      • Article
        Frankfurt
        191 26 +4.03 German stocks rose in postbourse trading as investors appeared relieved that economic growth in the US hasn't led to a significant increase in inflation. The DAX Index of 30 German blue-chip stocks, as calculated on the electronic Ibis trading system, closed the day at 2088.19, or 13.49 points
        191 words
      • Article
        Brussels
        176 26 -4.48 Belgian stocks closed lower for the fourth consccutive day, dragged lower by falling bond prices and the weakness of the dollar, traders said. The Bel-20 index of blue-chip stocks dropped 4.48 points, or 0.3 per cent, to 1460.4 after declining 0.3 per cent on Monday. Steel cord maker
        176 words
      • Article
        Milan
        159 26 -151 Italian stocks closed above the day's lows, rebounding at the end of trading as investors hunted for bargains during the last day ot the monthly account. Analysts said the market remained weak on uneasiness over the direction of inflation in Europe and the US. The Mibtel index of
        159 words
      • Article
        Amsterdam
        238 26 -0.3 Dutch stocks closed lower but up from morning levels as investors drew encouragement from reports suggesting US economic growth hasn't resulted in runaway inflation. The Amsterdam EOE Index of the 25 most active closed 0.30 point lower at 401.39, led lower by brewer Heineken NV and banking giant
        238 words
      • Article
        Zurich
        231 26 -4.2 Swiss stocks in the core blue-chip index rallied in the afternoon following reassuring US inflation figures, even though they closed down on the day, traders said. The Swiss Market In- dex, or SMI, which tracks the top 21 bluc-chip stocks, lost 4.2 points to 2740.0 points, with 15
        231 words
      • Article
        Johannesburg
        278 26 14 Local institutional buyers drove shares upwards in bubbling trade yesterday ahead of today's futures close-out, with a firmer gold price lending support. The overall index ended 41 points to 5,762 and the industrial index was 14 points higher at 6,723. Johannesburg Jim 14 Kand INDUSTRIALS A Alpha *****
        278 words
      • Article
        Toronto
        259 26 -9.4 Toronto stocks were off at midday yesterday as a general malaise weighed on equities. The TSE 300 composite index was down 9.40 at 4197.36 in volume of 27.29 million shares valued at C 5305.82 million. Declines led advances 319 to 264 with 298 issues unchanged. On Monday, stocks
        259 words
      • Article
        New York
        773 26 +25.36 Wall Street stocks were up sharply at midscssion yesterday, as a drop in long-term interest rates sparked a jump in shares of economically sensitive companies. At I pm EDT. the Dow Jones Industrial Average was up 25.36 points at 3,808.80. On the broader market, advancing issues beat
        773 words
      • Article
        Untitled
        773 26 Britannia Funds Sterling Cash Bid Offer Mini tap Deposit 38.6400 38.6500 Mull Jerwv (nil 0 1893 0 I'M! Mim Max Income *0 *»HJ0 *0 9500 IJS$ Cask Income Plus Fund 9 9000 10 4 WO PS S Reserve Fund 5 2700 5 2800 Merlin* Kquil* Euro Performance 0 4592 0.4938
        773 words
    • Article
      HONGKONG
      2802 27 Vol Jan 10 Hk$ High I .oh (TOO) HK ASM Pan lie 4. 7 00 urxh 4 700 4.700 13.1 .WVT World Transport ...1220 unch 1220 1 220 134 7 2 Vine Lundis 1.070 unch 1.070 1.070 6.8 Alco Hldgs 2.450 -0025 2.475 2.450 636 120 Allied lndlMl 0
      2,802 words
    • Article, Illustration
      Lock icon TOKYO
      2553 27 Bloomberg Business News TOKYO Stocks declined amid growing political tensions on the Korean peninsula and the impact of a stronger yen on Japanese export shares yesterday, traders said. A stronger yen hammers shares of Japan's major exporters, eroding profitability because it makes their goods more expensive and therefore less
      Bloomberg Business News; Source: Bridge Info  -  2,553 words
    • Article, Illustration
      Lock icon BANGKOK
      1736 27 Bloomberg Business News BANGKOK Thai shares were little changed as many investors remained on the sidelines as a political stalemate over constitutional reform in the country stretched nearly into its third week, analysts said. The industrial indices of bank, agriculture and communications issues each changed less than 0.3 per
      Bloomberg Business News; Source: Bridge Info  -  1,736 words
    • Article, Illustration
      Lock icon JAKARTA
      1147 27 Reuter JAKARTA Share prices closed mixed in lifeless trading due to a public holiday in Hongkong and weak local sentiment yesterday, brokers said. A broker said trading would likely remain dull for the rest of the week as foreign fund managers sit on the sidelines after returning from holidays.
      Reuter; Source: Bridge Info  -  1,147 words
    • Article
      CLOB INTERNATIONAL
      2350 28 .MQfT *9>»n+ rUlns H\d 50c 13 208.000 Mulpha Intl 50c 10.73X000 Promt! 4.488.000 < Kcnong Bhd 50c 3 966 000 Landmarks Bhd 3.733.000 Multi-Purpose 3.077.000 Fabcr (iroup 2.715.000 Lien Hoc FSR97 2.011.000 Kamunling 50c 1.890.000 FAC B 50c 1.625.000 Pcgi Msia 1.607.000 IndOxxgcn W|95 1.568.000 Innovcst Bhd 1.541.000
      2,350 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall as early election looks unlikely
        5787 28 Bloomberg Business News KUALA LUMPUR Stocks fell yesterday on signs that an early general election wasn't likely, traders said. Stocks which investors consider tied to the dominant political party had risen recently on expectations that a general election would be called soon. "Mahathir's
        Bloomberg Business News; Source: Bridge Info  -  5,787 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7279 29 MAIN BOARD Transaction date: June 14 lit lit |9%| l ast Vol Da) l ast Quote l)it Di» %M Nfl M( «p High low Company Sale (000) High Low B«\er Seller S C*»r V i Smll INDUSTRIAL AND COMMERCIAL 1+40 83$ I rtan 865 xd -5 270 875 865 865
        7,279 words
      • Article, Illustration
        Lock icon Prices weaken in absence of news on M'sian election
        1875 30  -  By Paul Leo SINGAPORE The local bourse weakened yesterday in the absence of Malaysian election news that had driven trading in the two previous sessions. The Straits Times Industrials Index fell 17.62 points to close at 2,278.30, with two of its
        Charts by Bridge Info; Source: Bloomberg  -  1,875 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      403 19 NEWS VALUE How today's news might affect your stocks Twig Fong raises stake in VMS to 18.08 pc (pg I) Mr Ng appears to bo buying only at prices below $4. It's an even bet whether S'pore will set Creative's price for Nasdaq (pg I) Premium of closing price on
      403 words
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      Page 21 Advertisements Column 1
      278 21 sk-' sB si' The Orchard Hotel And Orchard Retail 5 Star 280 room hmcl offcrcd with Commercial Complex vacant posscssion Perth, Western Australia 4 level retaii/commcrciai complex with approximately 4057sqm net For Sale by Expression of Interest lettable area. closing 5.00pm July, 20th 1994. Strategically located on high exposure CBD
      278 words
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      Page 22 Advertisements Column 1
      2098 22 BFAR EAST FINANCE ORGANIZATION LIMITED AND ITS SUBSIDIARY COMPANY (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31 ST DECEMBER 1993 The Group The Company The Group The Company Note 1993 1992 1993 1992 Hole 199$ 19« 19M 1992 $11$ FIXED ASSETS 3 M77.8W 6,675.261 6,977,560 6,675.261 Representing
      2,098 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      220 23 FREE ACCOMMODATION lIV BANGKOK or JAKARTA WHEN YOU FLY CATHAY PACIFIC Arrive in better shape. Buy a full fare Marco Polo Business Class ticket to Bangkok or Jakarta and receive one night's accommodation absolutely free of charge Choice of luxury hotels Additional benefits at selected hotels Companion sharing room need
      220 words
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      Page 23 Advertisements Column 2
      120 23 KENNEDY-WILSON INTERNATIONA Lsm Sale of 14 U.K. and European Hotels and Casino Reserve prices from U552,100,000 to U5528,800,000 A sample of properties included in the sale are: HOLIDAY INN GARDEN BEACH HOTEL Cambridge. United Kingdom |uan les Pins, Cote d'Azur, France 199 rooms. In the heart of Cambridge. 174 rooms.
      120 words
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      Page 23 Advertisements Column 3
      80 23 Unlike other restaurants, we have a way of serving wine. In a glass. oe PAR.' j There are now more reasons to visit Maxim's, Singapore's most romantic French restaurant. A complete range of fine wines, that you can even order by the glass. And a mesmerising new menu from award-winning
      80 words
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      Page 24 Advertisements Column 1
      83 24 Anniversary Celebration 1 Package I* Going the extra mile for you. Deluxe Room $145<U., IWorth1 Worth Japanese Set Dinner Jfy"7A $10 room rebate vouchers for each room night VL 11 I for yOlir next Stay (Elite rooms only) t Shuttle to airport** Suite Upgrade I Upgrade to Suite if your
      83 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      306 25 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 JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K.
      306 words
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      Page 25 Advertisements Column 2
      35 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures arc carried instead. Make new business contacts through classification -jk 203 in The Straits Times Classified, cjlta 1717-11—I
      35 words
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      Page 27 Advertisements Column 1
      45 27 The Hongkong and China markets were closed for public holidays. EC CALENDARS WITH A Local Flavour Come to the custom calendar Good design makes the difference! CvJPSt PORT SHOTS a^ anC anC ranS X)r^a^on l\ 1 1 m x:> Business Times II w* vow ASM
      45 words
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      72 28 I CITIBANK OFFERS SPECIAL RATES OF UP TO 4.75% ON TIME DEPOSITS. From now until July 31, take advantage of some of the best rates in town on both Local Dollar Time Deposits and Unfixed Time Deposits. With a minimum deposit of $50,000, enjoy Citibank's special rates by calling our
      72 words
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      Page 28 Advertisements Column 2
      5 28 TECHNOLOGY Tomorrow in Business Times
      5 words
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      41 29 Johnston Murphy. A heritage of excellence since 1850 Galeries Lafayette Isetan Orchard Isetan Scotts Robinsons Takashimaya Our auto listings ,casc uiAn't cfoor l/AII to The Straits Times TfVII 1 3iCCI J uu Classified for the best wrong! dcolsonwhccls Lgu 117 -1144
      41 words
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      Page 30 Advertisements Column 1
      84 30 W fare (hesel people 1 I going? J Rswn HOUSE Make your garage sale a i 1 i success. Make a call to j| place an ad in I The Straits Times i Classified. j Hurry, your deadline is j| s:oopm daily j for the following day's i publication. 1737-*****
      84 words
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      Page 30 Advertisements Column 2
      276 30 IN THE HATTER Of THE COMPANIES ACT. CHAPTER 50 AND IN THE HATTER OF ARGO EMPAT SHIPPING PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HERESY GIVEN, pursuant to Section 308 of the Companies Act, Chapter SO, that the FINAL MEETING of tha Mambars of tha abovenamed Company will
      276 words
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      Page 30 Advertisements Column 3
      235 30 NOTICES IN THE HATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF MENDAKI TRAVEL A TOURS PTE LTD (IN HEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 30t of the Companies Act, Chapter SO. that the FINAL MEETING of the Members of the
      235 words
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      Page 30 Advertisements Column 4
      415 30 TECK WAH PAPER PRODUCTS LTD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 1994 Annual General Meeting of the shareholders ol the Company will be held on Thursday. June 30,1994 at 3.00 pm at 106 International Road Singapore 2262 to transact the following business:AAIIAA 1. To read,
      415 words
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      Page 30 Advertisements Column 5
      213 30 NOTICE P.T. Bank Dagang Negara (Persero) acting through its Cayman Branch Floating Rate Notes due 1996 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from 15 June 1994 (inclusive) to 15 December 1994 (exclusive) the Interest Rate applicable to the Notes
      213 words
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      Page 30 Advertisements Column 6
      314 30 IN THE MATTER OF THE COMPANIES ACT (CHAPTER St) AND IN THE MATTER OF RIDEWAY PTE LTD (Incorporated in Stagaport) (In Voluntary liquidation) At an Extraordinary General Meeting of the members of Rideway Pie Ltd duly convened and held at I Coleman Street. The Adelphi #04-14 to #04-18, Singapore 0617
      314 words
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  • Shipping Times
    • Article
      Semco salvaging bulk carrier grounded off Indian coast
      404 31  -  By Ramesh Divyanathan SINGAPORE Semco Salvage Marine has been called in to minimise environmental damage from fuel oil aboard a bulk carrier threatening to break up off the Indian coastal resort of Goa. Working in strong winds from the seasonal South West
      404 words
    • Article, Illustration
      Lock icon Exxon found reckless in oil tanker spill
      554 31 NYT ANCHORAGE, Alaska In a verdict that could have striking economic implications for the world's largest oil company, a federal jury said on Monday that Exxon Corp was reckless when it permitted a captain with a history of alcohol abuse to command a
      NYT  -  554 words
    • Article
      Lock icon European Union adopts three laws for safer seas
      183 31 Reuter LUXEMBOURG European Union transport ministers adopted three laws on Monday as part of the Union's "safer seas" policy. An EU diplomat said the first to pass was a directive setting minimum training standards for seafarers working on EU-registered vessels, though Italy
      Reuter  -  183 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1113 31 Page Col ABC Containcrlinc 16 4 Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 AOE Shpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 API. 5 3-5 Appenship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant
      1,113 words
    • Article, Illustration
      Indon copper mine company charters Danish cargo ship
      348 31  -  By Alec Almazan SINGAPORE Elite Shipping of Denmark has put its newest cargo ship, the Arklis Fighter, into service. The 7,100 deadweight tonne vessel arrived at Jurong Port last Friday on its maiden voyage. It is on a 12-month time charter to
      348 words
    • Article
      Lock icon KL repeats call for fee on use of Malacca Straits
      229 31 AP KUALA LUMPUR Malaysia yesterday repeated its call on nations that use the crowded Straits of Malacca to pay a fee for the privilege. Malaysia has long complained that it must pay for monitoring safety in the strait and cleaning
      AP  -  229 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        527 32 Vessel Voy Wo Btfth jnjwj Departm Vessel Voy Wo Berth Arrival Depatture Jurone Port Batam spe«u A2894* poia is <*/1200 iso6/i4oo ASl 23/7 01 12 alongside 1506/0600 Batam Speed3 *****" P01A 1506/0/00 1506/0900 Batam Barv B329 120/21 alongside 1506/2300 Bonastar 2 ***** P04 '506/0800 Dew Forhina 14/94
        527 words
      • Article
        CONTAINER SCHEDULES
        1210 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO Record Booking/Balance Rslts SNp Voy No Etb/Btr Period From To From An Q» 0638 17/2000 3 15/0700 15/1159 15/1400 to Oas, l,ewu 15/1200 15/1*59 15/1700 Ac Swan 122A 15/1500 i* 14/1500 14/1659
        1,210 words
    • Article
      THE SHIPPING GUIDE
      12210 40 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. LC6CNO PN: ship calls at Penang after
      12,210 words
    • Article, Illustration
      Lock icon On the billion-dollar trail again
      1410 48  -  The first time Singapore Airlines hit the billion-dollar mark in net earnings was in 1990 when it made 1.2 billion. And optimistic analysts are predicting that SI A will be able to strike a billion again in the current fiscal year ending March 1995. Dexter
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    • Article
      Daily Freights
      879 48 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.336 Monday from 1,344 on June .10. FIXTURES tanker The tanker market experienced one of its quietest day for %ean> in terms of the supply of new emerging, brokers said. V The market was quiet with
      879 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Strong growth in passenger, cargo traffic at Changi Airport
        318 50  -  By Rahita Elias SINGAPORE Changi Airport registered double-digit growth in passenger and cargo traffic in the first four months of this year. According to the Civil Aviation Authority of Singapore's latest figures, nearly 6.9 million passengers passed through, 10.6 per cent
        318 words
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        Lock icon French welcome for BA passengers
        66 50 Reuter PARIS Policemen watch French airline workers demonstrating at the check-in area of British Airways at Orly airport to protest against the new open system on Monday. The first BA flight from Orly to London was held up for half-an-hour. Monday marked the opening of
        Reuter  -  66 words
      • Article
        Lock icon Czech airline looks to US, Far East for partner
        300 50 Reuter PRAGUE The Czech government plans to sell a 19.1 per cent stake in debt-ridden national airline Ceskoslovenske Aerolinie as (CSA), probably to a partner in the US or in the Far East, the transport minister said. "It was unequivocally stated
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1429 50 at; Ffcfct ETA rtw |TO_ tom Dhabi 0K510 1900 SQ442 2000 I I SQ227 2030 Awmnn RJ182 1445 RJ183 2230 Amsterdam KL837 1450 KL832 2300 GA895 1450 SQ324 2345 SQ323 1815 Auckland NZ21 1820 NZ22 1825 SQ288 2040 SQ285 2045 Bahrain GF149 0650 B Sari B«p«M
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        Lock icon Vietnam to raise car import tax to 200pc from July
        438 50 Reuter HANOI Vietnam has decided to raise the import duty on new cars to 200 per cent from 150 per cent, local car makers said on Monday as French manufacturer Renault announced a deal to have its cars assembled locally.
        Reuter  -  438 words
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        Lock icon MAS adds to MHS links with deal to lease cargo space
        444 50 Reuter KUALA LUMPUR Malaysian Airline System is set to sign an air freighter deal with Malaysian Helicopter Services and its associate. World Airways, just days after a deal that will give MHS a stake in MAS. The Malaysian carrier
        Reuter  -  444 words
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        Lock icon US carriers cut fares
        126 50 Reuter NEW YORK Major airlines cut domestic summer fares on Monday in the latest round of discounts to hit the industry in about six weeks. Northwest Airlines kicked off the discounts on Sunday by cutting fares as much as 35 per cent on its domestic routes
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          Lock icon Pakistan-Central Asia links get nod
          78 50 Reuter ISLAMABAD The Cabinet of Pakistani Prime Minister Benazir Bhutto on Monday approved plans to build a railway to Tajikistan through Afghanistan and road links to Central Asian republics through China. Pakistan is eager to develop trade with the Central Asian republics of the former
          Reuter  -  78 words
        • Article
          Lock icon Airlines urged to cut costs further
          78 50 AFP TOKYO An official Japanese advisory panel on Monday submitted a report to Transport Minister Nobuaki Futami \irging financially troubled airlines to cut costs further, officials said. "It is important that airlines push ahead with reductions of labour and other fixed costs," the Council
          AFP  -  78 words
        • Article
          Lock icon Aero wins cargo contract off KLM
          70 50 Reuter AMSTERDAM Aero Ground Services BV, an air freight handling group based in Schiphol, on Monday said it had won a two-year contract to handle all air cargo in the Netherlands for Brazilian airline VARIG SA Viacao Aerea Rio-grandense. Aero's air cargo operations manager
          Reuter  -  70 words
        • Article
          Lock icon Rohr to sell corporate jet business
          84 50 Bloomberg Business News CHULA VISTA, California Aerospace manufacturer Rohr Industries Inc on Monday said it would sell its corporate jet product line in order to focus on building components for commercial jets. "This sale furthers Rohr's goal of focusing on its core business," said
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Delta Air to cut 2,500 jobs
          77 50 Reuter ATLANTA Delta Air Lines Inc on Monday said it would eliminate 2,500 jobs over the next 12 months as it restructures its technical operations division and cuts costs. The Atlanta-based airline said the job cuts making up more than 22 per cent of
          Reuter  -  77 words
      • Article
        Lock icon Former People Express employees to start new airline
        385 50 NYT KANSAS CITY The people behind People Express are back. Three former officers and an original investor in People Express the experiment in the early 1980s that offered air travellers cheap fares and stripped-down service filed an application with the Transportation Department
        NYT  -  385 words
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      42 31 iDraser SAFETY EQUIPMENT (SOLAS APPHOVED) PA9O MARINE Specifically Designed Breathing Apparatus •:> Manlm* Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 F«: 773 2033 Tin: RS ***** DWSING
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      26 31 Lines and service* represented by Members of the Registry ot Accredited Shipping Agents, Singapore National Shipping Association. >^s^^ For advertising enquiries, contact Shipping Times: Tei 740-2089/740-2090
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      328 31 VISA FREIGHT SERVICES PTE LTD 1 THE TOTAL TRANSPORTATION PEOPLE j t? 1800 *****66 SIA on the billion-dollar trail again, Page 18 Strong growth in air traffic at Changi Airport, Back Page BANGLADESH SHIPPING CORPORATION CHITTAGONG Tender No. 02/93-94: International Tender Notice for Procurement of One Crude Oil Tanker 1.
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      404 32 TSKUNE AGENCIES (S) PTE. LTD. TP C 1Z T T^TT 1 Te,: 226 3363 itPH 1 JLUNrL Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No 1 **********n ACX DAJST 0538 1 3.06 14 06 ""1706~ 21 06 23 06 27 06 28 06 29 06 30qT~ PAC AMOW 0256
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      887 32 twcr T9 m Win fiMg wg-^iAu^wggM, ZZZJ J? i i—i g j v m g ;ii u! £j i; 3 s s a? "SI mat nam m ii? 11/ a./ n.i 11? «> i» ?a> ?i.? ?3.? _aj__aj_ 21 —i*J TO U»A WI«T COAtT <NORTH Wt>T KXPfdlSt) ITO EA>T MBO/HIP
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      2160 33 ipping rimes, weanesaay June la iw» ?E 0 L CL 32 3 8 33"^i!! 0 2 2 m R 4 0 2 NE SH PP,NQ AQENC ES W^f7^?°F H AX 8H 0?:*****42 DOCUMENTATION TEL *****55 <INWARD>/*****90 (OUTWARD) P ENA NG T |i 1 CFS TEL: *****6 V. .BWA. BOOKINGS TEL:
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      1834 33 WEEKLY SERVICE TO FREMANTLE NEXT AVAILABLE SAILING KLANG REEFER V.9435 ETA SIN 17TH JUNE 1994 Vessel Voy ETA ETD Feedeced by S r tiT™ DESTINATIONS Thn weeti mabcmen MAERSK vmx IMI4'IIIET.IfT cv 2t/06 oeoo hps IMIM CFS 20/06 2359 MRS JOH LPK PEN OAK LGB SFO MEM ATL MIA CHS
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      1580 34 H vgj I I I 9 HH 1 A" M A 1 Btl |ol 3 *K?i 3 *4*ll l|l J 1 .wM Ww 1 ■11 I3|J I "I aqaba roam/ lI also acceptw*g from VESSEL VOY NO SPOfIE JEOOAH (VIA JED) STON H'BURG AWERP HAVRE MALAYSIA THAMES 23/123 17/6 417
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      622 34 f AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Ooqharun) C.1.5./RUSSIA: Voolochny, Vladfvoolofc, Moocow, Baku, Tashkent, Irkutsk, Alma Ala, Aihgabad, Dushanbe, Kiev N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE VESSEL SIN OKR CGM Normandie V.2194 21/6 16/7 Ned Europe V.2204 28/6 26/7 Ned Hongkong V.2214 05/7
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      987 34 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING IQ LA SPEZIA r FFOrS r BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/M8 FELICIA PEH S PORE GENERAL AGENT NORASIA AGENCIES (S) PTE LTD TEL: *****83 FAX: *****80 CR NO. *****M***** THAILAND AGENT :PB AGENCIES CO LTD TEL: aoa-*****8S
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      1659 35 snipping rimes, Wednesday June io ire* H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE CTUSb (A SERVICE OF CHINA NAVIGATION CO) cargo* due sails MERUBI VO7E KK. Skan, Taw 14-15 lum In ft 17 tune FCL.
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      1918 35 k| A t SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Lid I (fVI I I 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 V X TeJ 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT iiiii ss ;rs jjs a as ss, sk "Z
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      53 35 I 0 ORIENTAL LINES INDIAN OCEAN SERVICE CONTAINER/BREAKBULKI ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MAHE MOMBASA MV YORKSAND VOl 16/6 22/6 27/6 30/6 t MV PICO FRIO VOl 22/6 28/6 30/6 05/7 08/7 MV ARGOMAR VOl OV7 07/7 09/7 14/7 17/7 Agents: Inchcape Shipping Services 1= Bookings: *****54/*****98
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      532 36 EKA JAYA AGENCIES >aK|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE HQ CMI MtWl CITY PAQtH iHAMPfHQNt/PIPECT HKMWY HOB mom WHit/ii4lW KELVIN CHAW 11*0*25 MBOMMBMI MAHOJ 21 MM IS3M7M TO VIETNAM/HCMC CONTAINfR-«EDiR SERVICE •(^araT7Fw m CENTER-POINT RUBM 7 LINES witt VOI IT* STOUC VOY Elft KMC iw
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      1790 36 I 0 HANJIN SHIPPING I I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I I SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 I FOB «l SIN LINE HAUL S£A YVR POX fOR VSL SIN IM HAU. $A* IM NIC I I HANMN OAKIANO 026t 17/6 WttCl 7/7 8/7 9/7 HAJUJJJ J 2
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      1471 36 J-TcT T3"3 T^; *ifiMiMbM3*W"f liil I ni Mr rss we us pus mMKiwrrouicxsNi mt uar i» n m w Ic awe«o*4 on ivi n/f nn m ivt i/» 2/7 un an nn i/i »/i 10/1 n/i 12/1 22/1 n/t s/» r/t U I t COMG tt 040 M/« 21/t 20/0
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      1896 37 PLEASE CALL II I NEPTUNELINK (1800 *****00 TOLL-FREE) I FOR THE FOLLOWING INFORMATION: HI •1W I VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ HI I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI J AVAILABILITY OF DOCUMENTS FOR COLLECTION W EXPORT TOt PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US OULF MIDWEST USEC CANADA I'TBH
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      1282 37 Ii1 tk MULTILINE SHIPPING PTE LTD I V (a member of SMSOV Group) I CR NO: **********0 C ENQUIRIES: *****33 I BOOKINGS: *****64, *****51, *****31, *****13 I V BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 I 4 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 I H FESCO: BOOKINGS *****06 DOC
      1,282 words
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      1266 38 *«e 8 H AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR MO: **********0M/GST REG NO: 112 *****99 S) K** TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W lfcT U* MALAYSIA: "K" LINE MJUtITIRNC (MALAYSIA) SON BHD BJ* TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I JL
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      1121 38 @APPENSHIP HAMBURG \J\J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST WESSfIS LOAOMG PORTS DISCHARGE/LOADING FOR NOVIGRAD ANTW 20/05 SPORE 18/06 ECUADOR HAM 22/05 SPORE 23/06 BASMA ANTW 28/05 SPORE 25/06 KOALA CONTAINER LINE SPORE FIX HAM RTM LEH CS TAHITI 4608 24/06 20/07 21/07 22/07
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      977 39 ;:f PACIFIC INTERNATIONAL LINES (PTE) LTD 1 rl SSjSSSmI4O Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO: **********06 j I VESSEL VOY SM BKK SM VESSEL VOY SIN JKT IIN EQUATOR CRYSTAL 09N 1./S 21/6 25/6 KOTABERLIAN BRLOII 19/6 TU% M/ 6 KOTA SABAS SBSOOS 19/6 22/6 26/6
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      937 39 wsStu vor SM it mvtt hambmg ihames hoitehpam omwtKf WUE DC TIT ANA IO4W M,06 13/07 15/07 lt/07 17/07 H/07 Will Of TUCANA UO4W 29/Ot 20/07 22/01 23/07 24/07 26/07 VM.IC Of IBM 104* 05/07 27/07 23/07 30/07 31/07 02/0« WUE DC CARINA CO4W 03/0« 05/01 0«/0« 07/08 09/0« •AISO
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      827 39 BSA il. M MYANMA H FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen PGd| MERGUI VI23W Sa4«d PAGAN V2O9W S»M HPA-AN V2O2W 16/22 Km PAGAN V2IOW 24/26 lun MAUYSI* AGENTS BOUSTEAO SHPMNG AGENOES KU. TEI 03-*****00 PKI: TEI 03 3SOC7C7 PEN Ta 04 *****5 PGD
      827 words
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      1083 42 •Q~ /■TfICROATIA LINE I (EX JUGOUNIJA) I VESSEL SPORE PK PNG LOADX6 FOB RAB 2 JUL 4 JUL Alexandria. Beirut, Istanbul. Trieste. Koper. Lattakia. Limassol. Mersin. P. Said. Riteha. Venice fc GROOM 10 rtJL 13 tUI -do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port Keiant Penanj
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      179 42 /Snorbuu^ I IvOXyjr' NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES I WORLD AGAMEMNON ZTJt 2«/« ROM/ANT/I* I SEA SONNET 21/« 30/6 FLU/MMM/ANT/UK I PK LOADWG FOR I NORBULK TBN 2S/6 30/6 D6N/CPT/EL I ALSO LOADS TAWAU, KK, TG. MANI I PK SINK/SAB AH
      179 words
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      751 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 19/6 ROTTERDAM 18/6 XARHUS/COPENHAGEN 19/6 HAMBURG/BREMEN 19/6 MARSEILLE/FRANCE 21/6 FELIXSTOWE/UK 20/6 BARCELONA/SPAIN 20/6 LEHAVRE/FRANCE 18/6 GENOA/ITALY 2076 ANTWERP/BELGIUM 20/6 LOS ANGELES/WC/IPI 19/6 SYDNEY/MELBOURNE 16/6 KW YORK/EC 19/6 FREMANTIE/ ADELAIDE 17/6 Vancouver 22/6 brisbane
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      967 43 VESSEL VQY SIN JKT VESSEL VOY SIH PEN B "j isra BHUM w fh wt TM 21/9 DEJA BHUW 4»7 m 17/« w HI VESSEL VOY SIN BKK BHATWA BHUM 348 Sat I /a Tu 21/6 S KOT* SURI* SUR 005 Sun 18/8 Tin 21/8 Hj piy A BHUM* 32SN
      967 words
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      277 43 UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E ETHIOPIAN SHFTOM INKS j (National Unas of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmml Voy IT A I Loading For Spof Abbay Won* 40WB 12/ OS Darassalaam. Mombasa. Djibouti Assab. Massawa Nataanat 35W8 15/09 Darassalaam. Mombasa.
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      570 43 Guarant—d Smilinga to:- I BANGKOK/LAEM CHABANG/LAOS EVERY MED I SAT MANLA/CEBU EVERY TUES 1 PORT KELANG/PENANG EVERY -MOW FRI HO CHIMNH EVERY FRI J HONG KONG EVERY FRI "j 1 JAKARTA EVERY SAT > BUS AW EVERY SUN SURABAYA EVERY SUN BBSSIHBHIfIK I DONGNAMA LINE® hit aTairra iaa mfMm ifl
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      1471 44 LAIMM Container lines, inc IziV/VVlAflWik MAC-NELS SPORE: *****22 (24 LINES) UV cm m mini minima SIBU (084) *****9 KUCHING (082) *****3 PENAMQ; (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      179 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (I* El* ETA STOM POUT KEUNG PtNANG Bllt IMX 78 6 loidirj toi Mate KUVM HUDHU 30 6 loading tor Dubai OOIPHN lb/6 loading Fof Mate PWftlß SUHtMI 18 6 loading Fm Male tMCEOH 28 6 Loading Fw Mate FHOGWSS UKJUT 20
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      1194 44 f £> THONG SOON UNES PTE LTD? 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I VJ V J TEL: 227 5088 FAX: 227-6011 I I TLX: RS ***** CARRER. RS ***** JENHOL CABLE: TOSOCO I I 4 dtom momm coumm r SINGAPORE TO SARAWAK VESSEL VOT S PORE
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      604 45 WEV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAP AN SERVICE AC CITING BKEMBU.K SOC CAAGOCS TO/FROM KOK. YOKOHAMA. NAGOYA. MM TOKYO*, MAMLA*. DAVAO*, r Penang* F. Ketanf Singapore E'Msia* ItoVERETT V9E 22/23 Jun 24/25 Jun KAMAI EVERETT V2IE 30 Jun/01 JU 02/03 Jul SHAPLAEVERETT V2IE 14/15 Jul 16/17 Jul ACCfPTttG BKMBU.K/FCI/SOC CARGOES
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      231 45 181 GLORY RIAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 24/6 1/7 7/7 16/7 GLORY SELATAN V 12/6 15/6 18/6 SP PKL HCM HK KAO GLORY SELATAN VI 27/5 1/6 5/6
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      574 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEL VOT aw """KARACHI"" ISLAMABAD I22HW 21/06 30/06 MMMAW 149-HW 0/07 20/01 HYOERABAO 131-WW 19/01 0? SARGOOHA 145 HW ?08 1 11/ 08 FAR EAST CONTAINER SERVICE ONLY VESSEL ~VOr Stl HKG*" BSN OS* HAG YOK HTPERABAC 130 OR 22/06
      574 words
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      655 45 liiuhsiillMllM FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS JIAN HE/84 26/08 09/07 10/07 12/07 27/07 HUIHE/106 it/07 25/07 26/07 2S/07 12/ OS VI HE/100 26/07 09/08 10/08 12/08 27/ OS SHUN HE/105 11/08 2S/OS 26/08 28/08 12/09 TAO HE/87 26/08 09/09
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      272 45 SIN FAR EAST 21/06 KEELUNG/KAOHSIUNG 19/06 BANGKOK 19/06 MANILA/CEBU 19/06 JAKARTA/BELAWAN/SURABAYA 20/06 PORT KELANG/PENANG/E. MALAYSIA 19/06 BUSAN 19/06 TOKYO/YOKO/KOBE/NGO/OSA 19/06 HONG KONG SjN CHINA (*S*±*£n) 19/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 20/06 LDN/FLX/LVP/SOU 20/06 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SjN USA/CANADA 19/06 LOS
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      714 46 PHILI-Oni€NT LINGS Pit LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 p. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H)^ •fcgt S"S A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 17 JUN SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 21 JUN
      714 words
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      Page 46 Advertisements Column 2
      320 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 21 JUNE (Accapling to all N«w Zealand porta) PENANG 17 JUNE JAKARTA 19 JUNE PORT KLANG 23 JUNE BAN6KOK 19 JUNE HCNGKONG 19 JUNE MELBOURNE 26 JUNE SYDNEY 26 JUNE BRISBANE 26 JUNE FREMANTLE 21 JUNE ADELAIDE 17 JUNE 16 JUNE I
      320 words
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      Page 46 Advertisements Column 3
      422 46 This Week's Sailings Singapore I FIRST FORWARDER l!<-r To: ETD To: ETD asia awarded Singapore Singapore *****02 BY LRQA EVERY EVERY Bangkok SUN Jakarta SUN —<7^ EVERY EVERY Manila SUN Ho Chi Minh FRI fs(Rjl) JL EVERY EVERY Colombo TUE Limassol THUR INTERNATIONAL SEA FREIGHT FORWARDING Tel: Fax: r AND
      422 words
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      1520 47 ISEAMA^RGENTIN^IN^^^^^ CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY i I WESTBOUND MSI PORTS VIA BtKNOS AMIS VIA SANTOS ii mmmmmmmrnm, ill I I VUMU VOY POM RJUMS SANTO* I USHUAU M*V>OCO AWNCKW A.Ot JANEWoI PKKKHAWA SEAMAR TBN 01E 22/06 29/07 02/08 25/07 31/07 I I?} 7 WfXt SEAMAR TON
      1,520 words
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      Page 47 Advertisements Column 2
      476 47 /g\ CEYLON SHIPPING CORPN (Stpn National Line of Sri Lanka CONTAINERISED SERV ICE TO UK AND NORTH CONTINENTAL PORTS mm I Wf I w j ao I m I MM I iw I I MB I nckasia SHAAIAH M«1 W/M li/« I I I I I noiasia Mow wn| is/w
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      Page 47 Advertisements Column 3
      511 47 rCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.38 I PORTS VOY BUCNOS AMES MONTIVIOCO DURBAN WMM NONB HONB lUBOOI—A NAMYA VESSELS petrqovorets tin saiceo aaaxo mu> *>/oa-04/04 10/04 14-14/04 aa-2i/44 pwozeiw* ta 12 *AAtp uaaa 02/04 im/w 27/04 oi-m/bt PEKAHtST E4H 02/04 21/04 03-04/07 07/07 12/07 1414/07 N. KRUPSKAYA EBI4 19
      511 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      472 48 VESSEL VOYAGE SHGAPORE MANILA LANKA MAHAPOiA *****N 17/06 IFRII 22/06 (WED) PERVOMAYSK *****N 21/06 (TUE) ?5/06 (SAT) WOMUJO VIGOUR PACIFIC *****N 24/06 (FRI) 29/06 (WED) FRIOAY ANO MSO Y LANKA MAHAPOIA *****N 28/06 (TUE) 02/07 (SAT] SOUTHPHH.IPPINES FULL CONTAINER SERVICE. VESSEL VOYAGE SINGAPORE GENERAL SANTOS DAVAO CEBU NIKOtAY MOROZOV *****E
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  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      675 48 TODAY'S TIDES (height in metres) HOUR OOOO 0100 0200 0300 0400 0500 0600 0700 OIOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2SW ft 2.2 2.7 3.0 3.0 2.7 2.2 1.6 l.l 0.7 0.5 0.5 0.7 l.l 1.6 2.1 2.3 2.4 2.2 1.1
      675 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      1016 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 WW* PKE* PGP* VESSELS VOY I SIN RTM AWT* LEW HAM BREt FEI 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 25/06 H. FRONTIER 311*1 27/06 15/07 17/07 18/07 17/07 17/07
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      Page 49 Advertisements Column 2
      505 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSII for S? R KUC RR COSMIC CmiLlWt* 131 H/« MMN« SHY V2O H/l ZS/C ASIAN STAR VISI 22/1 24/1 BETSY VI 22/1 (MR 2S/I) OUTBOUND VESSELS LOADING FOR TOKYO/SENBOKO ASIAN STAR Vl5B SP 2s/« PK 1/1 LOADING FOR
      505 words
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      Page 49 Advertisements Column 3
      985 49 JEDDAH/UK/CONTMENT I STORE KD STOR MBURfi A DAM UH Alto Atcephnf C«|« Fir: H|^^H THAMES 23/123 17/6 3/7 5/7 7/7 Southampton :lo* UK doitaukon. BcMast and Dubfc HANNOVER EXPRESS 28/323 11/ C 27/ C C/ 7 9/7 11/7 13/7 Rott«<U* :I. 4 Ant.np Amsterdan. Otto. Htfcriu KAI 66/124 22/6 9/7
      985 words
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