The Business Times, 16 June 1994

Microfilm: NL19383
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Thursday June 16 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 16.81 points
      52 1 Reuter NEW YORK Wall Street stocks fell at midsession yesterday. At Ipm EDT, declines took a narrow 9-8 lead over advancing issues on New York Stock Exchange volume of J 53 million shares. At 2pm EDT, the Dow Jones Industrial Average stood at 3,798.02, down 16.81
      Reuter  -  52 words
    • Article
      Lock icon BA flew the most passengers: IATA
      35 1 Reuter GENEVA The International Air Transport Association (lATA) yesterday said British Airways carried more passengers than any other international scheduled carrier in 1993, well ahead of Germany's Lufthansa. Reuter
      Reuter  -  35 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Wednesday Change ST1I 2,286.51 +8.21 KLSEComp 1,028.95 +15.46 Nikkei 21,282.96 -71.01 Hang Seng 9,149.52 +38.36 SET Index 1,359.53 -19.35 Jakarta Comp 482.09 -0.26 CLSA China B 1,065.36 -3.75 Aust AH Ord 2,074.4 -2.2 FTSE 100 3,045.8 +6.2 Wednesday Previous 2pm close Dow Jones 3,798.02 3,814.83
    161 words
  • Article
    RSP's listing plan sparks debate among architects
    734 1  -  By Catherine Ong SINGAPORE RSP Architects Planners Engineers is preparing itself to be the first architect firm to go public in Singapore. But its flotation plan has sparked a debate within the Board of Architects (BOA), the regulatory body, and the Singapore Institute
    734 words
  • Article
    Lock icon China halts futures trading on most exchanges
    425 1 Reuter SHANGHAI China yesterday announced a sweeping crackdown on its infant futures industry that will stop trading on most of the country's 40odd exchanges and prevent brokerages placing orders overseas. The move follows a warning by the official People's Daily newspaper on Sunday
    Reuter  -  425 words
  • Article
    Lock icon US officially announces it is opposed to EAEC plan
    156 1 Knight-Ridder SINGAPORE The United States has formally informed Japan it opposes the Association of South-east Asian Nations' plan for an East Asian Economic Caucus, Kyodo news service reported official Japanese and Asean sources as saying yesterday. The US embassy in Tokyo
    Knight-Ridder  -  156 words
  • Article
    Stamford College gets approval for KLSE listing
    400 1  -  By Amy Balan SINGAPORE Malaysia's Stamford College, the region's leading private educational institution, has received the green light for a listing on the Kuala Lumpur Stock Exchange. The Malaysian newspaper. The Star, quoting unnamed sources, said the listing on the second board was
    400 words
  • Article, Illustration
    Tangs to open on Sundays in bid to boost profit
    536 1  -  By Corinne Kerk SINGAPORE To boost its bottom-line in a tough retail climate. C K Tang has decided to change its 63-year "No Work On Sundays" policy. Tang Wee Sung, group managing director of the listed retailer, yesterday cited increased
    536 words
  • Article
    Lock icon American industrial output up again
    110 1 AP WASHINGTON US industrial production posted its 12th straight increase in May despite the third consecutive decline in automobile output. The Federal Reserve yesterday said production rose a modest 0.2 per cent last month after a revised 0.1 per cent gain in April. The April
    AP  -  110 words
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      144 1 '.o mj FUjfrSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****33 Kuala Lumpur: Phone. 757 0233 Penang: Phone; 615 985/619 014 Jakarta: Phone; *****9/*****8 CONTENTS STpwe New 2 6.7 Regional News 3.4 Financial 9.10 World 4.5 Futures Markets Opnons £12 Ctob/MSE. S£S 14-16 PI £14.5 12 Reviews EL6.7 World
      144 words
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      26 1 Law Page: pg 13 China's new company law Creative shares close 14pc higher on SES debut Page 17 Liang Huat's IPO subscribed four times Page 17
      26 words
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      12 1 Hock Lock Siew: Pg n tji What's up at Cold Storage }sh?
      12 words
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      176 1 1 The Bottom Line: Pg 16 Can US economy make the leap? EXCEPTIONAL VALUE FOR MODERN CLASSICS. IT'S MUCH MORE AFFORDABLE THAN YOU THINK. WE SALUTE THE 20TH CENTURY MASTERS. All items fully imported from Italy. We guarantee our quality specifications equal or exceed that of similar furniture sold at
      176 words
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      45 1 TOUR BIG AN EMBODIMENT OF PERFECTION FROM HEAD TO TOE More Control Greater Power Extra Distance Available at GOtF HOUSE and olher leading golf shops HApwfvw ine«K*r ROYAL SPOUTING HOUSE PTE (JO itOMacPtwnonAoM WmGiM 'JH l» KMWu **J77< First quarter productivity revised upwards, Pg 16
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Air cargo throughput takes off
        302 2  -  By Rahita Elias THE booming economies of South-east and North-east Asian nations boosted the volume of air cargo passing through Changi Airport in the first four months of the year. Since the Republic is the region's leading air and sea hub, it has benefitted from
        Source: CAAS  -  302 words
    • Article, Illustration
      Salim, pig producers tie up to build $30m abattoir in S'pore
      461 2  -  KMP and Bunge to hold 37pc each. Sin Ban to take remaining share By Genevieve Cua THL Salim group of Indonesia is sotting up a $30 million abattoir in Singapore in a joint venture with two of the largest
      461 words
    • Article
      Yields on short-term S'pore Treasury bills, bonds rise
      337 2  -  By Paul Leo THE YIELDS on Singapore Government Securities with short maturities rose sharply in April in line with interbank rates, the Monetary Authority of Singapore says in its latest Monthly Statistical Bulletin. The three-month Treasury' bill rate climbed as high as
      337 words
    • Article
      IBM here little affected by set-up of Sydney data centre
      293 2 INTERNATIONAL Business Machines' decision to chose Australia to be its regional headquarters for computing services, with a As3o million (Ss33 million) data centre in Sydney, will have minimal effect on Singapore. The decision relates to computing functions only, rather than
      293 words
    • Article, Illustration
      Singapore-Dutch trade increases 53pc
      214 2 TRADE between Singapore and the Netherlands surged 53 per cent in 1993, according to a Royal Netherlands Embassy statement yesterday. Singapore's imports from the Netherlands shot up 73 per cent, while its exports to that country rose 37 per cent. This resulted in the Netherlands having
      214 words
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      Page 2 Advertisements Column 1
      230 2 Bl have private properties that will NEVER be advertised. These are the wealthy and selected group of owners selling to a small but privileged group of buyers. All qualified viewings strictly by invitation only. LOUIS YEAR Thb brochure Is free RuiirMi *****15 Pg *****2S upon request 1 H I Everyone
      230 words
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      462 2 I_ Your tMt computorlMd P«y*#P Of Income Tax Assessment (2 ym 1 Returns K •elf-employed) and (2) Last 3 months' bank statement of your active borrowing account or 3 months' credit card statement Applicants must be Singapore Citizens or Permanent Residents, earn a minimum income of 5524.000 per annum and
      462 words
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  • SOUTH-EAST ASIA
    • Article
      Economists push up M'sian growth forecasts to 9-10pc
      420 3 KUALA LUMPUR Some economists, in a sharp upward revision of earlier forecasts, now estimate Malaysia's economy will grow 9 to 10 per cent in 1994. The official release of firstquarter growth figures had been widely expected last week and are now considered
      420 words
    • Article, Illustration
      Lock icon Thousands rally in support of Thai reforms
      326 3 Reuter BANGKOK Several thousand people rallied outside the Thai parliament yesterday in support of a pro-democracy activist now three weeks into a hunger strike to press demands for a new constitution. Chalad Worachat, who is being given intravenous salineglucose solution and vitamins, is
      Reuter  -  326 words
    • Article
      Lock icon Indonesia to set up task forces to keep track of state assets
      166 3 AFP JAKARTA The Indonesian government plans to set up ministerial task forces to inventory all state assets to prevent them illegally changing hands, news reports said here yesterday. "I am concerned with the many cases of state assets
      AFP  -  166 words
    • Article
      Lock icon Nomura considers developing Vietnam industrial park
      151 3 AFP TOKYO Japan's Nomura Securities Co Ltd plans to conduct a feasibility study on the development of an industrial park in Vietnam aimed at attracting mid-sized Japanese manufacturers, a spokesman said yesterday. The spokesman said Nomura/Jafco Investment (Asia) Ltd, a Singapore-based venture capital subsidiary,
      AFP  -  151 words
    • NOTE BOOK
      • Article
        Lock icon S'porean sues lawyer for libel
        146 3 Bernama KUANTAN A businesswoman from Singapore filed a libel suit in the High Court here yesterday against a lawyer who represented the Sultan of Pahang in a case involving a private caveat on a piece of land in Bukit Pelindung, here. Faridah Begum Abdullah, the
        Bernama  -  146 words
      • Article
        Lock icon Indonesia, M'sia, Thailand sign deal
        101 3 Reuter JAKARTA Indonesia, Malaysia and Thailand have signed a private sector trade and investment pact covering 11 areas to boost cooperation in the so-called Growth Triangle, a senior Indonesian official said yesterday. "Concrete results on the triangle meeting included the signing of a private sector
        Reuter  -  101 words
      • Article
        Lock icon Indonesia pushing Myanmar investment
        91 3 Reuter JAKARTA Indonesia, boosting efforts to end Myanmar's diplomatic and economic isolation, said yesterday it was encouraging businessmen to invest in the country. Trade and industry ministers, reporting on their visit to Yangon last month, said they would provide facilities and encouragement for businessmen wishing to
        Reuter  -  91 words
      • Article
        Lock icon Ramos welcomes peace talks
        65 3 Reuter MANILA Philippine President Fidel Ramos yesterday welcomed a decision by Communist rebels to resume peace talks and said he was ready to bridge "an ocean of differences" with them to end a 25-year insurgency. Mr Ramos, in a statement, said the guerillas were free to
        Reuter  -  65 words
    • Article
      Lock icon Sumarlin to testify in Bapindo case: official
      307 3 Reuter JAKARTA A former Indonesian Minister will testify in court over allegations that he ordered bankers to continue extending credit to businessman Eddy Tansil, the central figure in a state bank scam, an official said yesterday. Attention has focused on whether former ministers
      Reuter  -  307 words
  • Page 3 Advertisements
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      192 3 ySv W JUNE 24,1994 SINGAPORE WORLD TRADE CENTRE Would you like to know more about Local Area Network (LAN) Management and administration? Would you like to find out the true cost of LANS in your business? If your answer is yes to any of these questions, or if you are
      192 words
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      Page 3 Advertisements Column 2
      216 3 A Champion's Time. A Sincere Reward. .fIHBHH *^M %r 7T *****.789. The Royal Oak Championship Edition in tantalum and steel Dedicated to the sporting exploits of Nick Faldo. Extra-flat quartz movement, water-resistant to a depth of 5 atm. jBBBR!ESBBBIHBil Forachampion like Nick Faldo, no timepiece Jp l|| better expresses his
      216 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Consumer sales in China up 26pc
        74 4 Reuter BEIJING Nationwide consumer sales in China in May were 121.37 billion yuan (5520.5 billion), an increase of 26.1 per cent over the same month in 1993 and a price-adjusted increase of 6 per cent, the Market newspaper said. For the first time in
        Reuter  -  74 words
      • Article, Illustration
        Lock icon Exercising for a longer life
        48 4 Reuter BEIJING An elderly Chinese man performing his early morning exercises on a park bench in Beijing's Temple of Heaven yesterday. Thousands of Chinese begin their day in the national capital with exercises aimed at improving their health and prolonging their lives. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Chinese villagers con HK city people
        87 4 AP HONGKONG In a reversal of stereotypes, Chinese villagers are fleecing Hongkong city folk in a currency fraud using worthless Peruvian money, police said yesterday. They said six suspects have been arrested and 19 are being sought after a string of confidence tricks that
        AP  -  87 words
    • Article
      Chinese, UK officials to begin new round of talks next week
      359 4  -  From Lim Soon Neo in HONGKONG THE Chinese and British governments will send their top officials back to the negotiating table next week to iron out details relating to the transition of Hongkong to Chinese rule. The 29th meeting
      359 words
    • Article
      Lock icon China-backed satellite group clears the air
      247 4 Reuter HONGKONG APT Satellite Co, a China-backed consortium led by Thailand's CP Pokphand group, and which includes Singapore Telecom as a shareholder, yesterday rejected industry concerns about overcrowding in space and said there was no need to fear any substantial interference from its newest
      Reuter  -  247 words
    • Article
      Lock icon China's private sector growing fast
      151 4 Bloomberg Business News BEIJING China's private sector expanded rapidly in the first quarter of this year, and a growing number of companies shifted from small-time trading into manufacturing goods, the official China Daily reports. The number of private companies hit 271,400 by the end of
      Bloomberg Business News  -  151 words
    • Article
      Lock icon Lu hints at breakthrough in HK airport negotiations
      140 4 Reuter HONGKONG Lu Ping, the Chinese official in charge of Hongkong a flairs, suggested a breakthrough on negotiations over Hongkong's airport financing was near, local newspapers reported. "Differences between Britain and China on airport financing are narrowing," the Eastern Express quoted Mr
      Reuter  -  140 words
    • Article, Illustration
      Lock icon Checking out new thirst quencher
      54 4 AFP BEIJING A Chinese waitress looking at a can of the Brazilian soft drink Guarana at its promotion in the Brazilian embassy yesterday. The first one million cans of Guarana, a very popular drink in South America, have just been produced in Zhuhai province by
      AFP  -  54 words
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      571 4 GO REGIONAL WITH SIHRM! Events organized by the Singapore institute of Human Resource Management For the months of June and July. SIHRM is focusing on the region with" seminars on China. India and Vietnam. Don't miss out on these events and others! Call Jenny on 532-6768 for more information today.
      571 words
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      Page 4 Advertisements Column 2
      133 4 I INVESTORS NOTE. ll ifc Just 10% deposit secures jftmHppr ]1 until completion in 1995 ff Huge stomp duty savings 1 *1 t§~ for early buyers #Up*l nCe H 1 plus rental guarantee Ruya /r Spacious sensational airconditioned tower 2 BEDROOM BRAND NEW FROM JUST apartments, with facilities and amenities
      133 words
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  • REST OF ASIA
    • Article
      Lock icon Hata urged to open up Japan's markets by cutting red tape
      328 5 NYT TOKYO Japanese and foreign businessmen joined hands yesterday to urge Prime Minister Tsutomu Hata and top ministers to cut red tape and bureaucratic powers in a bid to open Japanese markets. The call came during a trade conference
      NYT  -  328 words
    • Article
      Lock icon Aussie university offers world's first MBA in Asian business
      160 5 Reuter CANBERRA The Australian National University (ANU) yesterday launched what Trade Minister Bob McMullan said was the world's first Master of Business Administration course in Asian business. "The ANU is the first course to ofTer an MBA course specifically designed to
      Reuter  -  160 words
    • Article
      Lock icon Convertibility of Pakistan rupee reflects good reserves: governor
      217 5 Reuter KARACHI State Bank of Pakistan governor Muhammad Yaqub yesterday said the full convertibility of the rupee reflected a comfortable level of foreign reserves and a realistic exchange rate. The rupee is to become fully convertible on the current account from July
      Reuter  -  217 words
    • Article
      US, Japan studying joint development of anti-missile system
      332 5  -  By Alec Almazan SINGAPORE US and Japanese defence officials are looking into the possibility of developing a joint anti-missile system for defence against missile attacks. Pentagon officials were in Tokyo last week pressing Japan to contribute US$4O million (5561.3 million) for a
      332 words
    • Article
      Lock icon Seoul promises increased access for US car makers
      207 5 AFP SEOUL South Korea yesterday promised to allow greater foreign access to its auto market but virtually turned down a US request to lower tariffs, officials said. The South Korean pledge on access was too vague to satisfy US auto industry leaders,
      AFP  -  207 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon Hosokawa's loan fully repaid: secretary
        64 5 Knight-Ridder TOKYO Masatoshi Miyama (above), former secretary of ex-prime minister Morihiro Hosokawa, testified yesterday that the 100 million yen (S$ 1.49 million) Mr Hosokawa borrowed from scandal-tainted Sagawa Kyubin has been totally repaid, according to local media reports. Mr Miyama's testimony had been a long-standing
        Knight-Ridder; Photo by AFP  -  64 words
      • Article
        Lock icon Hata coalition's move to restore majority
        40 5 Reuter TOKYO Japanese Prime Minister Tsutomu Hata's coalition is to open talks with the Socialists next week in an attempt to lure them back and restore the government's majority, coalition officials said yesterday. Reuter
        Reuter  -  40 words
      • Article
        Lock icon Japanese lawmakers back tax hike: poll
        79 5 Asahi News Service TOKYO Two-thirds of Lower House lawmakers who responded to an Asahi Shimbun survey say they support an increase in the consumption tax. Asked how they would vote if a bill for a higher consumption tax rate is submitted to the Diet,
        Asahi News Service  -  79 words
  • Page 5 Advertisements
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      287 5 600 dpi. Resolution Enhancement technology, microfine toner *Wlb Up to 66 MB of memory i HP PCLS Enhanced m Support Adobe* Postscript* Level 2 Up to 850 sheets A 76 envelopes plus optional duplex f i' HP is out in front again with the new HP LaserJet 4 Plus printer.
      287 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon India's Rao still needs Nehru-Gandhi dynasty support
      634 6 Knight-Ridder NEW DLLHI The annual session of India's ruling Congress (I) Party last weekend highlighted Prime Minister P V Narasimha Rao's continued dependence on the NehruGandhi dynasty. Annual party meetings are usually lacklustre afTairs with bored delegates listening to endless speeches by party
      Knight-Ridder  -  634 words
    • Article
      Sugar muddle could prove costly for PM at the polls
      538 6  -  From Yogi Aggarwal in BOMBAY THE special session of Indian parliament that began on Monday was meant to discuss changes in the election law. Instead, the debate was deflected by heated exchanges over what has become known as the sugar
      538 words
  • Page 6 Advertisements
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      181 6 ATSPH, I WE'VE INCREASED PRODUCTIVITY BY I I TAKING SHORTCUTS. Don't get us wrong. The shortcuts can also transmit artwork for Appointments Total Quality Process, promoted by NPB. H we're referring to are the result of our and Notices advertisements in less than SPH has not forgotten the employee H
      181 words
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      27 6 I 1 gave a stranger house \1 K'Z lo s» edr oon? Uu Ht* /JL C ~'ex c u Nothing's to c axs Straits Times 7i7 Classified.
      27 words
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  • THE WORLD
    • Article
      Lock icon Clinton's welfare reform plan derided by Republicans
      506 7 Washington Post. Knight-Ridder AFP, Newsday, Reuter, AP WASHINGTON President Bill Ginton's welfare overhaul unveiled on Tuesday has drawn fierce criticism from Republicans who derided the scheme as a watered down and ineffectual version of campaign promises. Among Democrats, it won only modest endorsement.
      Washington Post.; Knight-Ridder; AFP,; Newsday,; Reuter,; AP  -  506 words
    • WORLD WATCH
      • Article
        Lock icon More former BCCI execs under probe
        89 7 AFP ABU DHABI The United Arab Emirates authorities were investigating offences by more former BCCI executives who had not been indicted, officials said yesterday. Attorney-General Mohammed al-Dahiri also said they would soon ask Interpol to track down and bring the Pakistani founder of BCCI,
        AFP  -  89 words
      • Article
        Lock icon Campaign against child labour
        82 7 AFP GENEVA The International Confederation of Free Trade Unions has launched a campaign against child labour, calling for a world boycott of products made by underage workers. The campaign, launched on Tuesday, came with a report giving details about the 100 million to 200 million children
        AFP  -  82 words
      • Article
        Lock icon New rules on derivatives not needed
        66 7 Bloomberg Business News WASHINGTON New regulations governing the US$l4 trillion (5521.5 trillion) derivatives market are unnecessary, says Deputy Assistant Treasury Secretary Darcy Bradbury. The rules under which companies account for derivatives should be tightened by the Financial Accounting Standards Board, but there's no need
        Bloomberg Business News  -  66 words
    • Article
      Lock icon UK unemployment at 2-year low, inflation in check
      273 7 Reuter LONDON Britain's economic recovery is forging ahead with unemployment dipping to its lowest level in more than two years and inflation still in check, official statistics released yesterday showed. Prime Minister John Major's battered government took heart at news that Britain's
      Reuter  -  273 words
    • Article, Illustration
      Lock icon British rail strike sparks political row
      320 7 Reuter LONDON An old-fash-ioned British rail strike, stranding millions of commuters and reminding Britons of the strike-bound *****, sparked a political row yesterday over alleged government interference in key wage talks. Railway union bosses accused the government, from Prime Minister John Major down, of
      Reuter  -  320 words
    • Article
      Lock icon Bundesbank trims securities repurchase rate to 5.05pc
      205 7 Bloomberg Business -News FRANKFURT Germany's Bundesbank yesterday pursued its course of easing money market rates by trimming its lowest rate for securities repurchase contracts to 5.05 per cent. That's down from 5.10 per cent last week, and marks the 16th consecutive reduction in
      Bloomberg Business -News  -  205 words
    • Article
      Lock icon World Bank finalising US$1b in loans to help Russian economy
      368 8 Reuter WASHINGTON The World Bank is putting the finishing touches on nearly US$l billion (SSI.S billion) in loans for Russia to help the country modernise its battered economy, diplomats said on Tuesday. The loans mark the culmination of months of
      Reuter  -  368 words
    • Article, Illustration
      Lock icon Castro raps Latin leaders for poor support of Cuba
      450 8 Reuter CARTAGENA, Colombia Cuban President Fidel Castro lashed out at leaders of Latin America, Spain and Portugal on Tuesday for not appreciating his country's achievements, not condemning the US embargo against the island and trying to tell him what to do.
      Reuter  -  450 words
    • Article
      Lock icon US Senate sets outline for hearings on Whitewater
      476 8 Los Angeles Times WASHINGTON The Senate, vainly trying to cut a partisan knot that has tied up lawmakers for days, voted along straight party lines on Tuesday to hold limited hearings into the Whitewater affair before the end of next month. With
      Los Angeles Times  -  476 words
    • Article
      Lock icon New Gatt deal only first step to freer trade, say experts
      369 8 Reuter SASKATOON, Saskatchewan A new global trade deal will not eliminate farm subsidies and immediately open borders, but is a first step in that direction, trade experts said at an international agriculture conference on Tuesday. Analysts said the impact
      Reuter  -  369 words
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      Page 7 Advertisements Column 1
      188 7 Waterford The corporate gifts and incentives your company gives should 1 1 leave a lasting impression. Even the smallest gift should be something special, so whatever you choose needs to have that style Two of the world's finest and most prestigious names, Waterford vKBv "SgST A range of fine bone
      188 words
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  • SPORTS
    • Article
      Lock icon Some people simply belong at Oakmont
      746 9  -  US Open preview Has the US Open become the US Invitational? Not so, argues Larry Dorman Larry Dorman NYT OAKMONT, Pennsylvania The crowds parted and he walked through to a standing ovation, grinning, waving and flashing a thumbs-up. Arnold Palmer, 64, was about to
      NYT  -  746 words
    • Article
      Lock icon Players liken Oakmont to Augusta — only trickier
      395 9 Players liken Oakmont to Augusta only trickier Reuter OAKMONT, Pennsylvania In the run-up to today's start of the US Open, players agreed that Oakmont's exasperating greens posed a challenge not unlike the famed putting surfaces of Augusta National only trickier. Devilishly placed sand hazards and narrow fairway landing areas lined
      Reuter  -  395 words
    • Article, Illustration
      Lock icon At last, the Rangers won the Stanley Cup
      880 9  -  Since 1940, the ultimate trophy in ice hockey has eluded the Rangers. But last Tuesday, the jinx was broken. Dave Anderson describes how the Rangers finally got the icing on the cake Dave Anderson NYT NEW YORK The Rangers won the Stanley
      NYT; Reuter  -  880 words
    • Article
      Kodak's loss is Fuji's gain
      359 9  -  Countdown to 1994 World Cup By Shahiron Sahari WITH this year's soccer World Cup Finals promising to be the biggest ever, American film company Eastman Kodak has admitted to "missing the boat" by not being one of the sponsors of the tournament starting in the
      359 words
    • Article, Illustration
      Lock icon Opportunity opens up for outsiders
      447 9 Reuter CHICAGO America, land of opportunity, offers the best opening yet for an outsider to win the World Cup when the finals kick off tomorrow. If America is bemused by an unfamiliar sport setting up camp in its backyard and staging a jamboree to rivet
      Reuter  -  447 words
    • Article
      Lock icon For sheer artistry, NBA Finals an undisputed flop
      465 9 AP NEW YORK For sheer artistry, the NBA Finals have been an undisputed (lop. No Michael Jordan soaring through the air, no Magic Johnson making behind-the-back passes. The series has been a bump-and-grind battle filled with late twists, costly mistakes and not
      AP  -  465 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        68 9 NEW YORK Major League Tuesday American: Boston 4 Minnesota 5; Cleveland 7 Toronto S; Baltimore 3 NY 4; Chicago 2 Oakland S; Kansas City 0 California 1; Milwaukee 8 Detroit 10(13); Texas 6 Seattle 7(13). National: SF 4 Houston 7; Montreal 12 Pittsburgh 7; Atlanta 3 Colorado I; NY
        68 words
      • Article, Illustration
        Lock icon Rugby
        164 9 Reuter AFP AP WELLINGTON lecnaged winger Jonah Lomu is poised to become the youngest ever All Black for New Zealand in their first test against France in Christchurch on June 26. The selectors opted for a blend of youth and experience on the wings with the naming of Lomu
        Reuter; AFP; AP  -  164 words
      • Article, Illustration
        Lock icon Soccer
        104 9 AFP LONDON Tottenham Hotspur's share priec showed the sort of fighting spirit yesterday which the players will need next season after being hammered by the Football Association. The FA on Tuesday banned the club from the FA Cup, fined them £600.000 (SSI.4 million) and will not count the side's
        AFP  -  104 words
      • Article, Illustration
        Lock icon Tennis
        288 9 AP IjONDON Hie outcast father of French Open finalist Mary Pierce says he is responsible for her success and wants "daddy's little girl" back. In an interview published on Tuesday in the tabloid I'he Sun. Jim Pierce said he made his daughter the world's No. 7 player and is
        AP  -  288 words
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  • Page 10 Advertisements
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      627 words
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      Page 10 Advertisements Column 2
      258 10 WHERE TO WINE, DINE AND ENTERTAIN The 4th Singapore Jigsaw '94 r 6 si Pi A7AHrnri iMOODIKiTK I 1 1 JUICL Lp qj m muiMnwiwiH as— II DOUBLE lIAPPINESS AT THE RIVER R\LACE Indulge In a Chcrs Recommendation dish al a SPKCIAI, IM7Tv and enjoy a COMPtJMKNTARY DRSSKKT in our
      258 words
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      Page 10 Advertisements Column 3
      341 10 ra J J =">^lsl Taney 'Beijing? I 4 Then, we're delighted to surest the Tine < Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection of set menus, and 'Beijing specialities yfUfi such as 'Beijing VucHi, BaHgd Tench and Heß
      341 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Composer Mancini, 70, dies
      632 11 Cynthia Littleton traces the musical career of Henry Mancini UPI ACADEMY awardwinning composer Henry Mancini, best known for such movie themes as Moon River and the Pink Panther Theme, died on Tuesday after a long battle with liver and pancreatic cancer. He was 70. Mancini's publicist,
      UPI  -  632 words
    • Article
      Maestro Pesek holds sway
      431 11 Singapore Festival of Arts Benjamin Loh applauds the Royal Liverpool Philharmonic Orchestra THE ROYAL Liverpool Philharmonic Orchestra gave a credible performance on Tuesday evening to a full house at the Victoria Concert Hall. Under the baton of maestro Libor Pesek, the music came alive with soul
      431 words
    • Article, Illustration
      Lock icon New job for Prince Andrew
      472 11 CHATIOBOXi AP AP AP AP AFP WHILE his marriage may be up in the air, Britain's Prince Andrew is moving on the career front. He's getting a new job as a senior helicopter pilot, the Ministry of Defence said on Tuesday. The 34-year-old middle son
      AP; AFP  -  472 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      185 11 <Oie hottest pick-up place. Caper's Smart Lunch. At only $21.50 +> it's also a smart choice. For you will enjoy the best of Asian favourites and Continental delights while soaked in the absolute comfort and plushness of The Regent. Capers, the pick of smart lunches. the i V S Singapore
      185 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1214 11 TV RADIO I Black Eagle, 8.30pm, SBC 5 Sho Kosugi agent codenamed after the dark bird. He's summoned to Malta to thwart KGB plans to steal a sunken laser device unfazed t W by explosions, killings and the kidnapping of his two kids. iIMMb f Jean-Claude Van Damme is t
      1,214 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Videoconferencing is more than just talk and images
      1109 12  -  Juliette Walker discovers that local companies and institutions have cottoned on to its varied uses, with many already boasting such technology Juliette Walker COMPANIES today are stomping on the brakes to slow their accelerating travel expenses. Squeezed by recession, they have pushed
      1,109 words
    • Article
      Lock icon Solar cell design that will cut costs by 80 pc
      289 12 NYT A LEADING laboratory for photovoltaic cells has developed a new design that appears to allow the use of cheap, low-quality materials in the devices, which make electricity directly from sunlight. The laboratory, at the University of New South Wales,
      NYT  -  289 words
    • IN TAKES
      • Article, Illustration
        Local debut for stain-resistant fabric
        73 12 SINGAPORE A local tailoring house has introduced a range of men's business shirts made from material that is water and stain-resistant. PC Chiang Shirt Specialist is offering the shirts under its Parry Norris house brand. They are made from fabric developed earlier this year by
        73 words
      • Article
        Lock icon Cheap way to get superconducting film
        75 12 Reuter WASHINGTON Researchers say they have come up with a fast, cheap way to make a thin film that may have superconducting properties. Superconducting films allow electrical current to flow at extremely high speeds with very little resistance or external voltage. Jay Switzer, a
        Reuter  -  75 words
      • Article
        Lock icon Genetic tomato no threat to real one
        80 12 (AFP) WASHINGTON Though plump, tempting and red, the new genetically engineered tomato poses no threat to the flavour of its plain-old. field-grown cousin, several top US chefs say. The first food entirely produced through genetic engineering, the new "Flavr Savr" tomato, received Food
        (AFP)  -  80 words
      • Article
        Lock icon Cheaper seedless watermelons
        69 12 UPI LEESBURG, Florida University of Florida scientists say they have developed a faster and cheaper way of producing seedless watermelons that could take over the market. Using a unique tissue culture process, the scientists have removed major obstacles in introducing new seedless varieties, developmental biologist Dennis Gray
        UPI  -  69 words
      • Article
        Lock icon Toshiba to sell new diode
        63 12 AFP TOKYO Japan's Toshiba Corp has announced the worldwide launch of a new red-light semiconductor laser diode that significantly increases the storage capacity of optical-disk systems. Toshiba says that the diode's shorter wavelength and high optical output allows the optical disk to store almost twice
        AFP  -  63 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      83 12 hotels Pacific, ITT Sheraton the for Take, for example, The Great Wall 81 2131! the centre 99 Ih^^^Hhbl commercial and cultural hub of China. And when you stay at any ITT Sheraton make easy earn -STAY AT ITT SHERATON ON DOSINESS BRING HOME THE A VACATION. free or a free
      83 words
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  • THE LAW PAGE
    • Article, Illustration
      China's company law comes into force next month
      1136 13 As the 'highest authority', shareholders rather than the state are deemed to be the real owners of the company under the new regime CHINA'S first company law since 1949 will come into effect on July 1. It is a welcome sign of
      1,136 words
    • Article
      Go-ahead on setting up foreign branches
      209 13 COMPANIES incorporated outside China under a foreign country's own company law may now set up "foreign branches" in China. These branches may engage in production and business activities on submission of an application, which must include a copy of the company's articles of association,
      209 words
    • Article
      Directors' duties, liabilities defined
      190 13 THE principle of directors' fiduciary duty and liability is introduced under the new law. Directors of companies limited by shares will bear liability for resolutions of the board which violate laws or administrative regulations or the company's articles of association, or which cause the company "serious
      190 words
    • Article
      A musical strategy to soften courts' image
      245 13 ATTHE BAR Appearing in court here in Singapore can be quite an unnerving experience, even for hardened criminals. All one meets in the courts are nervous offenders and no-nonsense lawyers and prosecutors who look ready to send all and sundry to the gallows.
      245 words
    • Article
      Meet on global business law
      132 13  -  By Conrad Raj LAWYERS wanting to expand their practice beyond the Republic's shores and deal with multinationals can take the first step by attending a conference on international business law organised by the Law Faculty of the National University of Singapore. Entitled "Current Legal Issues
      132 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      171 13 E The articles are reprinted from the April 18 issue of Business China, a fortnightly report by The Economist Intelligence Unit (Asia) Ltd your presentations the Project in true colours l Now 50% brighter than before Use subject materials directly: books, catalogues, photos, UiHHMBail news cuttings and see them life
      171 words
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      Page 13 Advertisements Column 2
      224 13 VTSSMETi A AA/i POWER LUNCH Proper daily nutrition is serious business. That's why we'd like to introduce you to Sustacal Chicken, the nutritionally complete food drink. This means that although it's a drink, Sustacal Chicken contains all the essential nutrients of a complete and balanced meal. And although you serve
      224 words
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  • Article
    Nuclear power not without pitfalls
    484 14 'i, -vr EPfTORiAL THERE is something about nuclear power that dazzles developing nations. Strategic considerations aside, having a successful nuclear power programme is the equivalent to owning a gold credit card. It symbolises power, prestige and membership to an exclusive club of nations. Not surprisingly,
    484 words
  • WHAT THE OTHERS SAY
    • Article
      Grim times for Thailand
      210 14 PRESSURE is mounting on Thai Prime Minister Chuan Leekpai to reform the country's Constitution, yet he lacks the wherewithal to pull it off. The mandate he won in the September 1992 general election is wearing thin as he runs out of options to make the Constitution
      210 words
    • Article
      Prepare well before delinking
      178 14 OF LATE, there has been a debate about the need for Singapore to carry out its own examinations and thereby delink its traditional ties with Cambridge. Education seems to be the only link Singapore has left with its former colonial master, Britain. Recently, the legal embryonic
      178 words
    • Article
      Time to do it our own way
      142 14 SINCE our country has long been independent, with remarkable achievements in economic and social development, including an education system that is compatible with the times, it is indeed bewildering that we still have to send our 'O' and 4 A' level examination papers
      142 words
    • Article
      Raise women's status
      121 14 IN many countries Indonesia included the road towards the full recognition of the role of women is not always smooth. Among the main obstacles is what experts refer to as "gender bias". A study made a couple of years ago for the Worldwatch Institute, for example, says
      121 words
    • Article
      Beijing muddies nuclear problem
      186 14 CHINA'S DECISION to go ahead with another underground nuclear test was poorly advised. It served, however, to illustrate some of the vast problems surrounding nuclear proliferation. Even as the nuclear bomb was being lowered into the ground in Xinjiang province, Beijing government officials were restating their
      186 words
    • Article
      Island in the sun
      203 14 AN INCREASING NUMBER of banks from around the world are showing interest in setting up base in Labuan. Recently, three Singapore banks indicated that they were keen on starting operations in Malaysia's International Offshore Financial Centre (IOFC). In addition, Japanese, American, French, German and Hongkong banks
      203 words
  • Article, Illustration
    Undeterred despite being mauled by Big Bear
    1103 14  -  BHP Petroleum has downgraded the potential of its Vietnamese offshore oilfield, but two dozen other explorers may strike it big. Harish Mehta reports Harish Mehta THE EYES of two dozenodd oil explorers in Vietnam had been fixed on the country's offshore oilfield Dai
    1,103 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      260 14 For over two decades Singapore Business has covered the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than I 1| /\1 jf any other publication. Some may call it an unfair 1/1 I [\/l advantage. We at Singapore
      260 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      89 14 TRtEHD'IN "ME. SteMS I'm His 6C£AD ftND uev-u, UGLU.\F IT ISN T mnj Possibte BuTte# fcatwed frie.no S€.Hs& or twg, iooro j ue. ooesN'T seex rtt. i< out e>e.cp\use HE. a U-n f\ ME..-we. cocoes i\ i ,C, wePe. fccc*ust i G>vc A J A H«m cakc e ASSOOATCO NCVWAKMS
      89 words
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  • ANALYSIS
    • Article, Illustration
      Will the 'Comeback Kid' be gone soon?
      1740 15  -  Reviled at home and ineffectual abroad, Bill Clinton is a besieged man unable to shake off persistent doubts about his character and ability. Leon Hadar discusses the US president's dilemma and wonders if he can stay the course, when even Democrats are now
      1,740 words
    • Article, Illustration
      Lock icon Selling newspapers in Britain like soap
      749 15  -  It wouldn't work with the 'qualities', they said. Rupert Murdoch proved them wrong. Erik Ipsen reports Erik Ipsen IHT Rupert Murdoch is again rewriting the rules of British newspaper publishing. Thirteen years after he took over the venerable Times and quickly crushed the once
      IHT  -  749 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      341 15 Asia's Premier A musement I ndustry Convention MINISTERIAL OPENING ADDRESS BY: Mr Goh Cbee Wee Minister-of-State, Ministry of Trade Industry THE 1994 EXHIBITION Meet the World's Industry Leaders As Asia Pacific's ff-rfr A Landmark Entertainment Group, USA A Leisure and Recreation Concepts, USA Attractions Exhibition, this ba* IWERKS Entertainment, Hong
      341 words
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  • Article, Illustration
    Lock icon Opec retains output ceiling in bid to force up prices
    609 16 AP VIENNA Opec renewed its pledge yesterday to keep oil production steady as part of a strategy to force crude prices higher in the fall and winter. "The (output) ceiling is unchanged," said Libyan Oil Minister Abdalla Salem ElBadri, the
    AP; Reuter  -  609 words
  • Article, Illustration
    Lock icon US presents draft sanctions against N Korea
    488 16 Reuter, AFP UNITED NATIONS The US yesterday presented a draft resolution on United Nations sanctions against North KoFca to two other permanent members of the Security Council, France and Britain, diplomats said, as South Korea tested sirens and said the North was ready
    Reuter,; AFP  -  488 words
  • Article
    Lock icon India, China call for increased bilateral trade
    196 16 AFP NEW DELHI India and China yesterday called for efforts to boost bilateral trade and investment, saying existing business ties did not reflect their status as the world's two largest markets. Indian Commerce Minister Pranab Mukherjee said the two Asian giants, the world's
    AFP  -  196 words
  • Article
    Lock icon US first quarter productivity revised upwards
    307 16 AP, Bloomberg Business News WASHINGTON Productivity among American businesses was revised significantly upward for the first quarter of the year, but it was still considerably less than in the final three months of 1993. The Labour Department yesterday said growth in productivity among non-farm
    AP,; Bloomberg Business News  -  307 words
  • Article, Illustration
    Questions for America's new growth economy
    670 16  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Technology Editor. This article first appeared in the June issue of Singapore Business WHAT'S sauce for the goose isn't necessarily sauce for the mother of all geese. Technology, we know, has shifted Singapore's
    670 words
  • Article
    Lock icon China's inflation continues to fall
    414 16 Bloomberg Business News BEIJING China's inflation rate dipped in May, with retail prices rising 18.9 per cent over the year-earlier month, down from 19.5 per cent in April and 20.3 per cent in March. The official Xinhua news agency yesterday quoted the State Statistics Bureau
    Bloomberg Business News  -  414 words
  • Article
    Lock icon Clinton administration's version of Gatt is illusory: critics
    367 16 AP WASHINGTON Critics of Gatt ratification have accused the Clinton administration of creating an illusory version of a world trade agreement that the United States can defy but other nations must follow. Deputy US Trade Representative Rufus Yerxa, a longtime Gatt negotiator,
    AP  -  367 words
  • Article
    Lock icon Tommy Koh calls for cooperation on Malacca Straits
    356 16 The Straits Times KUALA LUMPUR It is in the interests of users of the Straits of Malacca and Singapore and other states surrounding these passages to cooperate, Singapore Ambassa-dor-at-Large Tommy Koh said here yesterday. Referring to the 1982 Law of the Sea
    The Straits Times  -  356 words
  • Page 16 Advertisements
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      95 16 KAISER KITCHEN SYSTEM f FULL SERVICE OFFICES I 1111 luniKliol \v.vnt i\v suiU s I nll-iiiiK ill your scrvkv i uik ivikv r< >i »ni^ I nil mi|)j>» >rt iiiLi u[ >-1< »-<laK' lacilit ks Si ralic 1« K'ai i< >n I<kal lor <>ik"/i\\<> |)i rsnii a Wia reasonable rates.
      95 words
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      Page 16 Advertisements Column 2
      3 16 KAISER KITCHEN SYSTEM
      3 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        43 17 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Baring. Daiwa. Kay Ihan. Morgan Grenfell. Nomura. OngCo. Phillip. Smith \e* Court. lat Lee and SO Warburg.
        43 words
      • Article, Illustration
        HOT STOCK
        133 17  -  -By Paul Leo Lien Hoe Corporation is a medium term buy although both its daily Relative Strength Index and stochastics are above 75, indicating an overbought condition. Weekly RSI is slightly below 50, indicating that any correction is unlikely to be drastic. The share price is currently above
        133 words
    • Article, Illustration
      Lock icon Creative shares close 14pc higher in SES debut
      416 17  -  Price of rival Aztech Systems surges dramatically at last minute By Bernard Chew SOUND CARD leader Creative Technology's debut on the Stock Exchange of Singapore's main board ended yesterday on a high note. The counter closed at $29.50, up 14 per cent,
      Source: Bloomberg  -  416 words
    • Article
      Liang Huat's IPO 4 times subscribed
      291 17  -  By A J Leow ALUMINIUM cladding specialist Liang Huat Aluminium rcccived an overall subscription. rate of more than four times for its initial public share offer yesterday. No breakdown figures of the fixed-price and tenderprice subscriptions were available at press time. Preliminary counting of
      291 words
    • Article, Illustration
      Hour Glass posts 63pc profit jump, to pay bonus dividend
      253 17  -  By Shiv Taneja SINGAPORE Watch retailer The Hour Glass lifted net profit 63.4 per cent to $9.2 million in the year to March 31, on a 32.3 per cent rise in turnover to $364.9 million. The company said yesterday that
      253 words
    • Article, Illustration
      Lock icon Milking the Dairy Farm-CSM rumour
      752 17  -  HOCK LOCK SIEW By Agnes Chen SINGAPORE In the last seven trading days, Cold Storage Malaysia Bhd's share price jumped from below Ms 4 to yesterday's close of M 55.05, on sharply higher volume. The story making the rounds of Malaysian broking houses is not
      Source: Bloomberg  -  752 words
    • Article
      Ng Teng Fong amasses more YHS shares
      270 17  -  By Genevieve Cua PROPERTY magnate Ng Teng Fong has picked up yet more Yeo Hiap Seng shares, raising his holding from 18.08 per cent to 18.53 per cent. The latest purchase on Monday and Tuesday was made by Mr Ng's private vehicle, the
      270 words
    • Article
      Jack Chia-MPH buys Aussie confectionery firm
      165 17  -  From Florence Chong in SYDNEY AS IT awaits the outcome of its As2o million (Ss22 million) takeover bid for Australian biscuit maker Players Group, Jack Chia-MPH Ltd has bought a small Melbourne confectionery company. Through its Australian subsidiary Dollar Sweets Holdings, the Singapore company
      165 words
    • COMPANIES
      • Article
        Lock icon Reverse takeover of Cash may swell to M$2.5b
        423 18 Second deal may involve acquisition of major stake in Prajogo Pangestifs Barito Pacific unit MBT KUALA LUMPUR Const met ion and Supplies House Bhd's (Cash) original MS7OO million (SS4I3 million) reverse takeover by Indonesian timber tyeoon Prajogo Pangestu has ballooned to an
        MBT  -  423 words
      • Article
        Lock icon Utusan Melayu expects profit to rise 14.2pc this year
        475 18 Bernama KUALA LUMPUR Utusan Melayu (Malaysia) Bhd expects to report a 14.2 per cent rise in group pre-tax profit to MS 12.5 million (557.4 million) for the year ending Dec 31, 1994, said group executive chairman Khalid Abdullah yesterday. For the
        Bernama  -  475 words
      • Article, Illustration
        Lock icon Mahathir treats venture to a visit
        48 18 AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad (left) inspecting a model of a waste water and sewage treatment system after witnessing a joint venture signing between Malaysia's Pembinaan Jayabumi, PP Canter of Thailand and Hormo/gan Province Municipalities Corp of Iran. AFP
        AFP  -  48 words
      • Article
        Lock icon M'sian Helicopter sees no financing problem in purchase of MAS stake
        331 18 MBT KUALA LUMPUR Malaysian Hclicopter Services Bhd (MHS) does not foresee any problem in raising loans to finance the purchase of a 32 per cent stake in Malaysia Airlines from RZ Equities. MHS executive director Wan Malek Ibrahim said
        MBT  -  331 words
      • Article
        Lock icon Analysts trim PLDT's earnings forecast
        239 18 Reuter MANILA Stock analysts yesterday said they had cut their estimates of Philippine Long Distance Telephone Co's 1994 earnings by up to 20 per cent but were still bullish on the telecommunications giant's long-term prospects. They blamed a combination of poor first-quarter earnings and a
        Reuter  -  239 words
      • COMPANY BRIEFS
        • Article
          Tibs sets up new units in China
          54 18 SINGAPORE Tibs Holdings has set up two subsidiaries in China through wholly-owned Tibs International Pte Ltd. The two companies. Tibs China Automotive Industries Investment and Tibs China Motor Investment, will be investment-holding companies for possible future joint ventures. Each company has an authorised
          54 words
        • Article
          Steamers rights issue approved
          31 18 SINGAPORE Shareholders of Steamers Maritime Holdings approved at an extraordinary general meeting yesterday the company's proposed one-for-four rights issue comprising 33.61 million new shares at $1 apiece.
          31 words
        • Article
          Lock icon Pilecon Arms in Beijing, Shanghai
          61 18 Bernama KUALA LUMPUR Pilecon Engineering Bhd announced yesterday that its 75 per cent owned subsidiary', PDX Computers Sdn Bhd, and China-based Nationhero Development Ltd had established two companies in Beijing and Shanghai respectively. The two companies. Beijing Nationhero Pilecon Computers Co Ltd and Nationhero Pilecon
          Bernama  -  61 words
        • Article
          Lock icon Indocement profit falls
          68 18 AFP JAKARTA Indonesia's biggest cement producer. PT Indocement Tunggal Prakarsa. said yesterday its audited net profit fell by 4.6 per cent last year to 312.39 billion rupiah (***** million) from 327.39 billion rupiah a year earlier. In its consolidated statement released during an annual shareholders' meeting, the
          AFP  -  68 words
      • Article
        Lock icon KL brokers welcome launch of Nomura fund
        394 18 MBT KUALA LUMPUR The launch of Nomura Securities' Aurora Fund Malaysia for Japanese investors is a boon to the Kuala Lumpur stock market, analysts say. but they doubt if the fund will be as large as reported by a wire service. One of
        MBT  -  394 words
      • Article
        Lock icon U-Wood to pay M$420m for Woodhouse
        201 18 Bernama KUALA LUMPUR UWood Holdings Berhad (UHB) has proposed to acquire a 100 per cent stake in Woodhouse Holdings Ltd, incorporated in the British Virgin Islands, for MS42O million (SS24B million) from Malakula Forest Resource Limited, also of the British Virgin Islands. A U-Wood
        Bernama  -  201 words
      • Article
        Lock icon Hyundai Precision seeks to diversify out of containers
        448 19 Reuter ULSAN, South Korea The world's largest container producer, Hyundai Precision and Industry Co, is planning to diversify as it battles a global slump in demand. Hyundai Precision, a subsidiary of South Korea's giant Hyundai Group, aims to shed the unglamourous image
        Reuter  -  448 words
      • Article
        Lock icon Japanese firms offload property worth 700b yen
        203 19 Reuter TOKYO A total of 120 companies listed on the Tokyo Stock Exchange (TSE) sold off real estate for a total of 701.8 billion yen (S$ 10.38 billion) in the year to March 31 1994. Tokyo Commerce and Industry Research Co said yesterday
        Reuter  -  203 words
      • COMPANY BRIEFS
        • Article
          Lock icon Matsushita's cool aim
          100 19 AFP TOKYO Japan's Matsushita Electric Industrial wants to boost its share of the world air-conditioner market from IS per cent to 20 per cent over the next five years. A company official yesterday said the projection was based on the expected surge in sales of air-conditioners in
          AFP  -  100 words
        • Article
          Lock icon R H Macy reduces 3rd-quarter loss
          86 19 Bloomberg Business News NEW YORK R FI Macy Co has reported improved results in the third quarter ended April 30, citing the success of new merchandising initiatives. It reported a net loss of U*****.3 million (*****.6 million) affer special items in the third quarter,
          Bloomberg Business News  -  86 words
        • Article
          Lock icon China has 60 investment funds
          105 19 Reuter SHANGHAI China now has more than 60 investment funds with a combined face value in excess of eight billion yuan. The Shanghai Securities News yesterday reported that almost 30 of the funds were listed on the country's stock exchanges and securities trading centres. About
          Reuter  -  105 words
        • Article
          Lock icon HK to cut duties on stock borrowing
          86 19 Reuter HONGKONG The Hongkong government is to reduce stamp duties on stock borrowing and lending to encourage an active market in those activities. The duties had been discouraging short-selling in the stock market, said Secretary for Financial Services, Michael Cartland, yesterday. At present,
          Reuter  -  86 words
      • Article, Illustration
        Lock icon New World Leaders
        39 19 Reuter NEW YORK Ronald Perleman (left), chairman of New World Communications, with Brandon TartikofT on Tuesday, shortly after the latter was named chairman of New World Entertainment, the production company of the New World group. Reuter
        Reuter  -  39 words
      • Article
        Wu in venture with Guangzhou Water
        250 19 HONGKONG Wu Zhen Tao, the mainland entrepreneur and controlling shareholder in London-listed red chip Cathay International Holdings (CIH), is to spend US$l36 million (SS2OB million) on a 60 per cent stake in four watertreatment plants in Guangzhou. The Hongkong newspaper Eastern Express reported on
        250 words
      • Article
        Aussie food distributor Davids IPO closes with 1.5pc shortfall
        373 20  -  By Peter Osborne SINGAPORE The AS2O4 million (***** million) public share offer by Davids Ltd, Australia's largest grocery wholesaler and distributor, closed yesterday with a 1.5 per cent shortfall. The group, which is building a food distribution chain in Singapore and
        373 words
      • Article
        Lock icon US toy maker Hasbro loses court scrabble for Spear
        465 20 Reuter LONDON US toy giant Hasbro Inc, battling with archrival Mattel Inc for control of British games maker J W Spear Sons, lost a High Court lawsuit on Tuesday that would have thrown out Mattel's bid and handed it victory. Hasbro,
        Reuter  -  465 words
      • Article, Illustration
        Lock icon AT&T's new voice
        57 20 Reuter NEW YORK Singer Whitney Houston at a news conference in New York on Tuesday where she announced a one-year agreement with telecommunications giant American Telephone and Telegraph Co to appear in TV ads promoting True Voice, a new generation of sound quality in long-distance service offered
        Reuter  -  57 words
      • Article
        Lock icon Kmart planning to sell stakes in speciality units through IPOs
        467 20 Reuter CHICAGO Kmart Corp. which suffered an embarrassing defeat this month of a company proposal dealing with its speciality retail units, now appears to be leaning towards making a cleaner break with those businesses, analysts said. In conversations with Wall
        Reuter  -  467 words
      • Article
        Lock icon Xerox, EDS sew up giant outsourcing deal
        240 20 NYT New York Xerox Corp and Electronic Data Systems put the final touches on what is considered the largest commercial outsourcing contract ever awarded. In a deal first announced in March. Xerox said it would turn over all its worldwide computer and telecommunications
        NYT  -  240 words
      • Article
        Lock icon Abrupt dismissal of Simon & Schuster chief stuns industry
        453 20 Abrupt dismissal of Simon Schuster chief stuns industry NYT NEW YORK Richard E Snyder was dismissed on Tuesday as chairman and chief executive of Simon Schuster, the company he helped build into a publishing behemoth over the last 33 years. The decision was made by Simon Schuster's corporate parent. Viacom
        NYT  -  453 words
      • Article
        Lock icon Inchcape boosts China presence with motor, marketing investments
        420 20 Reuter LONDON International conglomerate Inchcape pic is developing its presence in China, investing in motors and marketing operations and establishing a wholly owned investment holding company. The group, which operates in more than 80 countries, has bought a majority shareholding in a
        Reuter  -  420 words
    • FINANCE & COMMODITIES
      • Article
        Investors pour $38m into Schroder property fund
        367 21  -  By Shiv Taneja SINGAPORE Schroder Worldwide Property Fund has collected a total of $38 million from 1,660 investors. The fund was launched on May 2 and closed on May 27. During this period the offer price was fixed at $1 per unit, with
        367 words
      • Article, Illustration
        Lock icon S&P says banks'increased trading makes debt more risky
        414 21 Bloomberg Business News NEW YORK Banks are increasingly reliant on trading for profits, and that is making investments in their debt riskier. Standard Poor's Corp analyst Tanya Azarchs said on Tuesday. The debt-rating company said banks' trading, particularly for their own accounts,
        Bloomberg Business News  -  414 words
      • SMALL CHANGE
        • Article
          Lock icon Bank Bali's profit rises 7pc
          83 21 AFP JAKARTA PT Bank Bali said yesterday it had lifted profit last year by almost 7 per cent on the previous year, though revenue was down 8.29 per cent. In an audited financial report, released during an annual shareholders' meeting, the firm said net profit
          AFP  -  83 words
        • Article
          Lock icon Fuji Bank to cut head office staff
          79 21 AFP TOKYO Japan's Fuji Bank Ltd is to slash its head office staff by almost 20 per cent over the next two years, cutting the number ot personnel by about 300 to 1,300. a newspaper reported yesterday. The Nikkei said the transfers to
          AFP  -  79 words
        • Article
          Lock icon Bank of China to borrow US$30m
          90 21 Reuter BEIJING The Jiangxi branch of the Bank of China has signed a contract to borrow US$3O million (SS46 million) from a group of banks led by Mitsubishi Bank to boost the province's power supply, the Economic Information Daily said yesterday. It said that
          Reuter  -  90 words
        • Article
          Lock icon Iran allows private banks to open
          74 21 Bloomberg Business News TEHERAN For the first time since the 1979 Islamic Revolution, Iran has decided to let private banks open, the Financial Times said yesterday. Speaking on Teheran radio, central bank governor Mohammed Hussein said the bank would supervise private banks when they
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Citibank applies to form Mexican unit
          98 21 Bloomberg Business News MEXICO CITY Citibank NA said on Tuesday it has submitted a formal application to Mexico's Finance Ministry to form a Mexican Financial Service Group. The bank, a subsidiary of Citicorp, is the first foreign company to file a request with Mexican
          Bloomberg Business News  -  98 words
      • Article
        Lock icon Canadian bank aims for M'sian network
        256 21 Bloomberg Business News TORONTO Bank of Nova Scotia, Canada's third-largest bank which has entered into partnership with Idris Hydraulic's KUBB finance subsidiary, has said the object is to have a branch network throughout Malaysia. "The object is really to find a way to have
        Bloomberg Business News  -  256 words
      • Article
        Lock icon Bankers Trust plans securities firm in China
        403 21 Reuter BEIJING Bankers Trust, which claims to have arranged more loans for Chinese firms than any other US bank, yesterday opened a representative office in Beijing and said it planned to set up a domestic securities firm. "We see China as the most
        Reuter  -  403 words
      • Article
        Lock icon Coffee prices soar as rain delays Indonesia harvest
        466 22 Reuter KUALA LUMPUR Fresh supplies of Asian robusta coffee, primarily from Indonesia, are still hard to come by as rains delay harvests and producers withhold stocks amid soaring world prices, regional traders say. Some Indonesian exporters, who have been forced to default
        Reuter  -  466 words
      • Article
        Lock icon Coonoor tea auction cancelled, farmers seek price support
        254 22 Reuter COONOOR, India The weekly tea auction at Coonoor in South India will not be held tomorrow because of a protest by growers against falling prices. Tea traders in Coonoor, the plantation town in the Nilgiri hills, said the average price had
        Reuter  -  254 words
      • Article
        Lock icon Warning on aluminium price unless cuts made
        271 22 Reuter SYDNEY Aluminium's world price could tumble from the current three-year high unless moves to reduce the glut on the world market prove effective, says Australia's Aluminium Development Council. ADC's newly appointed executive director, David Coutts, said on Tuesday that the recent voluntary
        Reuter  -  271 words
      • Article
        Lock icon China top buyer of M'sia palm oil
        191 22 Reuter KUALA LUMPUR China overtook Pakistan to become the top buyer of Malaysian palm oil in March, the Palm Oil Registration and Licensing Authority (Porla) said. Exports to China rose to 128,551 tonnes in March from 89,352 tonnes in February, the authority said
        Reuter  -  191 words
      • Article
        Lock icon Thai govt cuts purchases of rubber
        125 22 Reuter BANGKOK Thai officials buying rubber on behalf of the government have been told to reduce their purchasing this week in order not to compete with private traders. "Our buyers, some 30 of them from the state Rubber Estate Organisation (REO), will from now
        Reuter  -  125 words
      • Article
        Lock icon Vietnam to sell 200,000 tonnes of rice to US
        208 22 AFP HANOI Three US firms have ordered 200.000 tonnes of Vietnamese rice in the largest export deal since the US lifted its trade embargo against Vietnam in February, a report said yesterday. The three firms, which were not named in the
        AFP  -  208 words
      • Article, Illustration
        Untitled
        1704 22 iade-tnithtnl ii«k iuk nlalttl atam\ S'pvre') top 14 Irmkng 8o«- year 198: USS/SS forward rates Noon June IS ss Bid Offer I month I 5311 1.5326 2-month 1 5307 1.5322 3-month 1.5302 1.5317 6-month 1.5280 1.5300 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9an m J mm IS Singapore
        1,704 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        141 22 DESPITE general US dollar weakness in the majors, US$/S$ and USS/MS was little affected with both trading slightly firmer yesterday. The US dollar was up ten points against the Ss, spending most of the day around 1.5320-30 as opposed to Tuesday's 1.5308-18 range. The US
        Charts by Dow Jones Telerate  -  141 words
      • Article
        Lock icon New York
        84 22 AFP NEW YORK The dollar fell against major foreign currencies in light trading early yesterday, as dealers ignored an increase of 0.2 per cent in May industrial production figures for the United States. Around 9:30 am (1330 GMT) the dollar was worth 1.6360 marks compared with 1.6460 late
        AFP  -  84 words
      • Article
        Lock icon London
        186 22 Bloomberg Business News LONDON The dollar fell to a six-week low against the deutsche mark as investors looked for the interest rate gap between the US and Europe to remain unfavourable for the US currency in the coming month. "The potential for US rate hikes is not as great
        Bloomberg Business News  -  186 words
      • Article
        Crude oil futures soar on Opec move, supply concern
        173 22 Bloomberg ENERGY REPORT LONDON Crude soared yesterday on reports of reduced US stockpiles and concerns there may be insufficient supply in the Midwest to meet futures contracts, brokers said. Prices were also pushed higher in late trade because of Opec's decision
        173 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer on short-covering
        1303 23 Reuter SINGAPORE Simex Eurodollar and Euroyen futures ended higher in light volume yesterday. Dealers said Eurodollars were firmer on short-covering. The market rallied as US inflation fears take a back seat following a 0.2 per cent rise in the May consumer price index. A dealer with
        Reuter  -  1,303 words
      • Article
        Crude palm oil physical market lower
        669 23 COMMODITY REPORTS Palm oil THE crude palm oil physical market ended lower in volatile trading in Kuala Lumour as buyers were cautious after the release of key export figures by the Palm Oil Registration and Licensing Authority (Porta) yesterday. A dealer said the market
        669 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          2 Japanese markets cut trading days
          139 23 TOKYO Japan's two markets for commodity and farm produce dealings decided yesterday to advance the date for the year's last session to Dec 28 from Dec 30, Kyodo news service quoted officials as saying. The decision by the Tokyo Commodity Exchange for Industry and
          139 words
        • Article
          India buys three white sugar cargoes
          94 23 LONDON Indian trade house MMTC bought three carfpes of white sugar on Tuesday for June, July and August shipment, traders here said. MMTC is said to have paid US$4l2 per tonne cost and freight west coast for the June cargo, US$399 for July and
          94 words
        • Article
          Indon coffee bean moisture level up
          102 23 SINGAPORE The moisture level of Indonesia's coffee beans has risen to 15 per cent from 12 per cent because of heavy unseasonal rains during the early part of the harvest, traders said. The international limit on moisture content is around 13 per cent per
          102 words
    • Article
      COMMODITY PRICES
      1429 23 Rubber Singapore Commodity Exchange (futures doting as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jul 94 I I 169 00 400 i650 Aug 164.75 200 2200 Sep 159.50 158.75 161.25 400 2I2S Oct/Dcc 158.50 S775 Jan/Mar 158.50 2775 ItSS
      1,429 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1186 24 -2.2 THE stock market shrugged off early optimism, continuing its downward slump in afternoon trade to finish weaker and just off its low yesterday. The All Ordinaries index ended 2.2 points down at 2,074.4, off a high of 2,084.1 and a low of 2,071.3. Brokers said the local bourse
        1,186 words
      • Article
        Manila
        630 24 -12.31 Philippine stock prices went down for the fifth straight trading day as investors remained committed to big initial public offerings, the first of which was listed yesterday, analysts said here. The composite index closed 0.42 per cent lower to 2,923.73, or 12.31 points off Tuesday's close. Turnover fell
        630 words
      • Article
        Taipei
        545 24 16.12 Taiwan share prices closed slightly up in narrow trade, but exported electronics were strong on late buying over the weak Taiwan dollar and financials continued their recent strength. The index closed 16.12 points up at 6,115.06 while turnover slid to NT557.36 billion from Tuesday's NT575.69 billion. Strong bargain
        545 words
      • Article
        Seoul
        415 24 Stocks closed lower in slow trading with the composite index falling by 1.42 per cent. Brokers said the lingering North Korean nuclear issue continued to weaken the market sentiment. The composite index ended at 890.92, down 12.80 points and just off the day's low of 888.51. Volume totalled 28.53
        415 words
      • Article
        New Zealand
        285 24 +24.32 The New Zealand share market recouped some of Tuesday's losses to finish 24 points higher in a thin and largely still rangebound market. The NZSE-40 Capital Index closed up 24.32 points at 2,100.87 on volume of NZ534.4 million, while the smaller companies capital index closed up 23.84
        285 words
      • Article
        Bombay
        99 24 -9.26 Buying in Tata Iron and Steel Co (TISCO) started a rally on major Indian bourses which ended abruptly after Tata Tea Ltd announced a less than expected bonus causing share prices to fall towards the end. brokers said. Bombay stocks closed lower but select shares on other Indian
        99 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        740 24 Britannia Funds Sterling Cash Bid Offer Mini Cap Deposit 38 6400 38 6500 Mini Jenes GiN 0 189J 0 1442 Mint Max Income *0 4100 *0 4500 I S$ Cash Income Plus Fund 4 4000 10 4)00 PS S Reserve Fund 5 2700 5 2800 Sterling Fquil) Euro Performance 0
        740 words
      • Article
        London
        671 24 +6.2 UK stocks were mostly higher as economic reports showed an unexpected decline in wage inflation. Average salaries rose 3.75 per ccnt in May, down from the 4 per ccnt level the month before and less than analysts expected. The FT-SE 100 stock index closed 6.2 points higher at
        671 words
      • Article
        Paris
        154 24 -25.6 French stock prices slumped to new lows as word that the US economic recovery is weathering higher interest rates and the French economy is growing fell on deaf cars. A five basis point cut in its securities repurchase rate by the German Bundesbank to 5.05 per ccnt also
        154 words
      • Article
        Stockholm
        126 24 +3.79 Swedish shares closcd higher but volume was low, hampered by higher bond yields, and the stock market lacks direction, traders said. The OMX Index rose 3.79 points to 1115.84. Of the 30 shares trackcd by the index, 14 rose, eight were unchanged and eight fell. Volume was low
        126 words
      • Article
        Amsterdam
        260 24 •0.61 Dutch stocks closed mixed, failing to make significant gains on the back of Tuesday's US stock rally bccausc of weak European bond priccs, traders said. The weak dollar and tomorrow's expiry of the June options and futures contracts on Amsterdam's European Options Exchange were also weighing on the
        260 words
      • Article
        Brussels
        155 24 1.41 Belgian stocks closcd little changed, with rising bond yields offset by declining short-term rates, analysts said. The Bcl-20 index of bluc-chip stocks rose 1.41 points, or 0.1 per ccnt, to 1461.81, ending four days of consecutive dcclinc. A flvc-basis-point cut in the Bundesbank's securities repurchasing rate and Belgian
        155 words
      • Article
        Zurich
        240 24 -38.2 Leading Swiss stocks fell, with financial stocks leading the slide amid new interest rate concern, traders said. The Swiss Market Index, or SMI, which tracks the top 21 bluc-chip stocks, lost 38.2 points, or 1.39 per ccnt, yesterday to close at 2701.8 points, with 16 stocks falling, two
        240 words
      • Article
        Frankfurt
        206 24 -1.72 German stocks finished the day barely changed, after earlier gains failed to lure investors back into a nervous market ahead of tomorrow's options expiry date. The DAX index of 30 German stocks, as calculated on the electronic Ibis trading system, closed the day at 2072.96 points, down 1.72
        206 words
      • Article
        Johannesburg
        266 24 +25 Despite a late recovery by industrials, shares ended mostly easier as buying dried up. The overall index closed 18 points down at 5,744, the industrial index added 25 points to 6,749 and the gold index 29 points off at 2,092. Johannesburg Jm IS Rand INDUSTRIALS A Alpha *****
        266 words
      • Article
        Toronto
        254 24 •25.89 Stocks sank at midday yesterday as the Canadian dollar plunged and bond markets sank. The TSE 300 composite index fell 25.89 points to 4172.68 in volume of 29.21 million shares valued at C 5389.55 million. Declines led advances 372 to 202 with 290 issues unchanged. The Canadian dollar
        254 words
      • Article
        New York
        830 24 -13.96 Wall Street stocks fell at midscssion yesterday as investors cashed in gains from a week-long rally, leaving the Dow Jones Industrials Average teetering at the 3,800 mark. The Dow was oflf 13.96 points at 3,800.87 at I pm EDT, after recovering from a low of 3,797. Declines
        830 words
      • Article
        Milan
        118 24 -198 Italian stocks slumped again as a slew of share issues and the government's budget problems continued to hurt sentiment. The Mibtcl Index fell 198 points, or 1.7 per ccnt, to *****. Traders said they expect the weakness to persist in the days ahead. Milan Jim IS Lire Vliulu
        118 words
    • Article, Illustration
      Lock icon HONGKONG
      3011 25 Bloomberg Business News HONGKONG Share prices were little changed as concern about falling real estate prices offset the positive impact of hopes for progress in talks between Britain and China over Hongkong's new airport. The real estate and stock markets in Hongkong are closely related because many companies derive
      Bloomberg Business News; Source: Bridge Info  -  3,011 words
    • Article, Illustration
      Lock icon CHINA
      503 25 CLSA THE Shanghai and Shenzhen bourses remained immobile, with only very selective buying taking place. Most overseas investors were content to stay on the sidelines. The CLSA Shanghai B' index eased 0.52 point to 806.13 on a turnover of U554.65 million. Pilking-, ton was the most active, falling 2.7
      CLSA  -  503 words
    • Article, Illustration
      Lock icon TOKYO
      2599 25 Bloomberg Business News TOKYO Stocks dropped on concerns that a strong yen and rising tensions over a possible embargo of North Korea would cut short a rally, traders said. "The North Korea situation keeps dragging on," said Bob Okuma, a trader at Fimat, Societe Generale's derivatives unit. That, together
      Bloomberg Business News; Source: Bridge Info  -  2,599 words
    • Article, Illustration
      Lock icon BANGKOK
      1820 25 Bloomberg Business News, BANGKOK Stocks fell 1.4 per cent as investors lowered offers ahead of a meeting later yesterday by a key partner in the five-party government coalition, analysts said. Palang Dharma Party members plan to discuss options on constitutional reform. The meeting was prompted by the hunger strike
      Bloomberg Business News,; Source: Bridge Info  -  1,820 words
    • Article, Illustration
      Lock icon JAKARTA
      1132 25 Bloomberg Business News JAKARTA Indonesian stocks were little changed as small investors anticipated new offerings, and institutions looked elsewhere for stocks with value, said traders. The benchmark Jakarta Stock Exchange Composite Index, which tracks all stocks, fell 0.26 point to 482.09. Indofood Sukses Makmur. an instant noodle maker, opened
      Bloomberg Business News; Source: Bridge Info  -  1,132 words
    • Article
      CLOB INTERNATIONAL
      2303 26 I Idra Hyd 50c 24.366.000 Mulptu Intl 50c 22.099.000 Mm wiling 50c 19.192.000 Mult i-Purpose 10.931.000 Promct 7.504.000 Kemavan 50c 5,830.000 Fiber Group J.565.000 Kcnong Bhd JOc 4.994.000 B Kiva TSR97 4.317.000 Lien Hoc TSK97 3.7M.OOO Alia Pac Ld 3.2*3.000 H Leone Prop 30c. 3,119.000 Landmarks BM 2.950.000
      2,303 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Company news, hopes for economic growth lift prices
        5638 26 Bloomberg Business News KUALA LUMPUR Stocks rose yesterday amid a spate of good news for companies and expectations of solid first-quarter economic growth, traders said. The benchmark Kuala Lumpur Composite Index closed up 15.46 points, or 1.53 per cent, at 1,028.95, while
        Bloomberg Business News; Source: Bridge Info  -  5,638 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7645 27 fMA*WAW> Transaction date: June*!} Gr c "V Last Vol Day Last Quote Df» IX* \ld Net .\l Cap High U» Com pa ay Sale (TWO) High Low Ba>er Seller Or S P/£ Mi.il INOUSTRIAL AND COMMERCIAL 1440 835 l s Acma 890 xd +25 112 890 86} 890 895 17.5
        7,645 words
      • Article, Illustration
        Lock icon Market ends higher as Clob counters dominate
        1835 28  -  By Paul Leo SINGAPORE The stock market closed higher yesterday at the end of a session dominated by trade in Malaysian stocks dealt over the counter. The Straits Times Industrials Index rose 8.21 points to finish at 2,286.51 after trading in a range
        Charts by Bridge Info; Source: Bloomberg  -  1,835 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      179 17 NEWS VALUE //yvi today's news might affect your stocks Tangs to open on Sundays in bid to boost profit (pg l) Should boost Tangs' sales, but it means more competition for other retailers. Stamford College gets approval for KLSE listing (pg l) Likely to be a popular stock, what with
      179 words
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      Page 18 Advertisements Column 1
      285 18 NO-HIDDEN-COST PACKAGE *$120 nett, single twin occupancy with complimentary breakfast. I O hat's right. We present the full cost to you. No extra charges, no hidden cost that'll shock you with your bill. And you enjoy the comfort and luxury of extra spacious rooms, 24 hours food and entertainment services
      285 words
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      Page 18 Advertisements Column 2
      220 18 THE UNIVERSITY OF HULL England 1927 M "OVER 100 GNU, MDi, CEOs ALREADY IN THE PROGRAMME!" jpj "ONE OF THE MOST ESTARUSHED IN SINGAPORE" MBA HE ii ONLY a PLACES LEFT! Bjffjll First to offer TQM and a Systems Approach to Creative HHRCIIII Problem Solving the management philosophy of the
      220 words
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      227 19 I ELECTRIC POWER GENERATORS FOR SALE DIESEL GENERATORS 825 KVA Calerpilar D399TA 1000rpm 400/440 V 1130 KVA English Electric 12SV 750rpm 415 V 1300 KVA Ruston-GEC BRK3C 750rpm 415 V 1375 KVA Engfotißectric 16SV 750rpm 6.6KV 1750 KVA Engish Electric 16SVA 750rpm 6.6 KV 1938 KVA Ruston N-A.V.K. 12RK3C 750rpm
      227 words
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      Page 19 Advertisements Column 2
      186 19 r c 1 11*1 ill iniiiiilfllriitti ii 'tiMtfitoii--LONDON 5.30 AM ROME 7.15 AM dttr .V *r mm. FRANKFURT 7.20 AM PARIS 9.35 AM QANTAS TAKES A FRESH APPROACH TO EUROPE 24 TIMES A WEEK. When you fly Qantas to Europe, you'll the little extra thought we've put into our service
      186 words
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      Page 20 Advertisements Column 1
      468 20 Half Year Promotion torn 8 June to 25 June All subscribers who apply Share Phone and send their name and address to us in the promotion period can have "bonus point" information plus 20% discount: Registration $10, One Month $20, Six Months $80 and One Years $120 The Best Choice
      468 words
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      Page 20 Advertisements Column 2
      40 20 I New 9-storey hi-tech i HI Showroom/factory/ 1 8,200 sq ft per floor Total GFA: 65 000 sq I Mciin road frontage jfajajlllpfl Attractive facade Near amenities Expected TOP: Sept/Oct '94 For further information, please contact the sole marketing agent
      40 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1675 21 H The HourGlass Limited (Incorporated in Singapore) ANNOUNCEMENT Results for the financial year ended 31 March 1994 The Board of D*ectors of The Hour Glass imtea a pleated to present me* report on me i/xmated 'ewi of me Company and of me Group tor me financial yea ended 31 March
      1,675 words
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      536 22 Whatever your printer is, we've a specially developed label for you HERMA INK-JET PRINT (In packs of (00 sheets) Labels per Order No 6.500 48.3 x 16.9 64 6 400 4811 48 3 x 25.4 44 4.400 4812 I s Specially developed for high speed 66 x 33.8 24 2.400
      536 words
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      Page 23 Advertisements Column 1
      38 23 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OasaFliNE^ cASt An SPH AudloTtx J«rvlc« I———
      38 words
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      Page 23 Advertisements Column 2
      35 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through ctassncaoon 203 in The JTVJn Straits Times Classified, cjlta 1737-H**
      35 words
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      Page 24 Advertisements Column 1
      65 24 Baume Mercier karat gold and stainless steel. GENEVE nil Screw-down crown and case, maltres horlogers depuis 1830 Ay water-resistant to 30 meters. JfllJm%L Baume 6 Mercier Boutique and Service Cewtrr. Singapore: *01-01 Mandarin Skj 11 nll 11 Mandann Singapore, 333 Orchard Road. Singapore 092} Tel *****31 Malaysia Shop Lot 4,
      65 words
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      88 27 J SiNCli 1735 HAS nu Siftfapoie Till; IKXJK CIASS I inky PU/a. I*l TMHXV\ SaHls Tfcl 2WM27/7IW# '11/y Centfc|x»nl Td 7MI V*V«U Peninsula PUuj TH inMOWWtVttl Woftd Trade Ccnlre IM. *****07 sB^Palais Kiiwissamv Tel *****62/541 RaHtes TH *****41 Changi Airpmt Tetminol l|l .asl (.West Wmcsl Tel *****MK). U-rmirvjl 2 (Sooth
      88 words
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      Page 28 Advertisements Column 1
      304 28 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 U5530,000,000 Negotiable Floating Rate Notes due June 1995 KOREA MERCHANT BANKING CORPORATION In accordance with the provisions of the Notes, notice is hereby given that for the three-month interest period from 15 June 1994 to 15 September 1994 the Notes will carry an Interest Rate
      304 words
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      Page 28 Advertisements Column 2
      323 28 M THE MATTER OF THE COMPANIES ACT, CAP. M AND M THE MATTER OP PROPORTION UNY (SPORE) PTE LTD UquMaSan) MEMBERS' VOLUNTARY WMOMO-UP Al an Extraordinary Oanacal MaaOng w nipTwi ai HN ioovfinntc oompany duly oonvonad and haM at 13-01 Hong Laong BuHdlng Singapori 0104 on Via 7* day ol
      323 words
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  • Shipping Times
    • Article
      Through Transport Club's membership soars to new high
      260 29 SINGAPORE Aided by a record surge in membership, London-based "marine insurer The Through Transport Club turned in an "excellent performance" in 1993. The mutual company accepted 201 new members, which lifted net premium income 12 per cent to US$54.B million (5583.8 million).
      260 words
    • Article, Illustration
      Hitachi Zosen completes Panamax bulk carrier
      45 29 SINGAPORE Tokyo-based Hitachi Zosen Corp has delivered the bulk carrier Samjohn Spirit to owner Nissho Iwai Corporation. The 71,730 deadweight tonne vessel is the largest of the shipbuilder's Panamax bulk carrier line, developed for passage through the Panama Canal.
      45 words
    • Article
      Lock icon US Coast Guard may seek to open up ship inspections
      467 29 Lloyd's List WASHINGTON The US Coast Guard is considering seeking an amendment to federal law which would allow overseas classification societies to inspect US ships for the first time. US law requires that only the American Bureau of Shipping (ABS)
      Lloyd's List  -  467 words
    • Article
      Lock icon Shipping firm Omi to sell 3 tankers
      166 29 Knight-Ridder NEW YORK Omi on Tuesday announced the signing of a memorandum of agreement with Kirby Corp for the sale of three of its US-flag single hull tankers. The asset purchase will be made through Kirby Tank Ships Inc, a wholly-owned subsidiary of
      Knight-Ridder  -  166 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      831 29 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 I Avant Shpg 6 4/5 Bait Orient Line 7 4/5 •Bank Line. The 9 5 Batamindo 7 3
      831 words
    • Article
      Austal Ships finishes its first mono-hull vessel
      406 29  -  By Alec Almazan SINGAPORE West Australian yard Austal Ships has announced the completion of its 23rd catamaran, the Bali Hai 11, and its first mono-hull ship, the Ono-Ono Jet Cruiser 35. The As6-million (556.74 million) Bali Hai II was delivered to Tropic Charterers
      406 words
    • Article
      Lock icon Rumours of activity on US Gulf to Japan route
      376 29 KnightRidder NEW YORK There were rumours a couple of cargoes had been covered on the US Gulf to Japan Panamax grain route, but details were sketchy, brokers said on Tuesday. South Korean charterers were said to have covered two cargoes at
      Knight- Ridder  -  376 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        511 30 toll Voy Wo Birth fcrfoM Bgrtw Vetsd Voy No Berth fcriwl Dgrtw Jurong Port Batam SptedJ ****** P01A 16 06 0700 16 06/0830 Bata* 8aru 8329 120/21 16 06/1800 Butt Ann 06 94 P08A 1606/0800 1606/1400 M lestan 051 11 1606/2330 Caraka 1026 01/94 P06 1606/0/00 1/06/1900
        511 words
      • Article
        CONTAINER SCHEDULES
        1325 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ra 0*s V 0538 17/2000 3 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 Aci Swan 122A 15/1500 IA 14/1500 14/1659 14/1900
        1,325 words
    • Article
      THE SHIPPING GUIDE
      15090 38 This is a list of ships loading at Singapore for ports around the worid. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      15,090 words
    • Article
      SHIPPING AGENTS
      3358 43 A ontaincrlinc Bclsin Shpg \gMcics Pic Ltd (SyMarine Handling Sdrjihd (PK/PN) Acm»4 Group: Accord Shpg Ite Ltd (SlMcronl Contr Line (PK/PN). \dkris Business Corporation Philippine: Calburcc Shpg Irdg Pte Ltd (S) Ahrtnkiel Liner Service: Kim Shpg I rd# «S> VltWros Sea-Air Service: Frata Shpg Ptc Lt<tS). Alfltd C
      3,358 words
    • Article
      COURIER SERVICES
      302 43 Vbacus C ouricrs let: 545-8011. Fax: 545-1898. Vir F.xprcss travel rd: 533-5771. l av 535-6144 Virborne Freight Corporation lcl: 542-8844 lax: 542-3716. *****80. VirsvviTt VV or Id wkit Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. l ax: 742-8975. C itv-l.ink International Tel: 344-3377.
      302 words
    • Article
      AIR FORWARDERS
      1528 43 Vbex Kxpress Freight Tel: 542-7171 Fax: *****84. Vctinic Forwarder Tel: 225-1833. Kax: *****42. Vctivair Singapore Tel: 542-7822 Fax: *****20. Verolink Freighi International Tel: 545-8033. Kax: *****05. Verospeed Tel: 542-5911. Fax: *****18. Vir Cargo Novo Kxpress lcl: 542-5454. Kax: *****06. Vir Kxpress International Tel: 542-7666. Kax: *****74. *****50. Vir
      1,528 words
    • Article
      PORT CONDITIONS
      2807 44 ARGENTINA Santa Fe: No vessels berthed, none in roads. Diamante: One vesel berthed loading maize, no vessels in roads, none due. San Lorenzo: Four vessels berthed of which I loading soya bean meal, 2 soya bean pellets, 1 wheat, 8 vessels in roads, 35 vessels due at 10
      2,807 words
    • Article
      CRUISE & FERRY SCHEDULES
      711 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Nante of Vessel EI"A t l'D Ports of Calls Port Agent 't elephone No JUNE 16 16 Club Med 2 0800 1900 Cruise to Nowhere Harpers Shipping 221-1388 16 16 Renaissance 2 0900 2015 Cruise to Nowhere Lines Intl Holdings 224-2763 17 17
      711 words
    • Article
      SHIP SALES & TANKER RATES
      317 44 SHIP SALES TANKER RATES ALTHOUGH there was a noticeable slackening of movement with so many attending the Posidonia events, the interest in handy/handymax bulkers remained firm with a number of deals concluded involving mid 1980's built tonnage at firm levels. VESSELS SOLD FOR FURTHER TRADING Bulk Carriers Lombard: 38,931 dwt
      317 words
    • Article
      COCKETT BUNKER MARKET REPORT
      830 45 nilS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. Ihe Cockett Bunker Price Index change and
      830 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      582 45 Carton Carbon Juw 9 Density Water Residue Ash Akmriun Sedmnt Density Nate Residue Ash Afcmriun Sedmnt M M M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/IT3 V/V 1 M/M M/M PPM method BO/Cinac Limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA
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    • Article
      Daily Freights
      1953 45 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,329 Tuesday from 1,336 on June 13. There has been a fair amount of talk on the freight market, particularly in the Atlantic. but little definitely fixed, brokers said. South American grain has been more active,
      1,953 words
    • Article, Illustration
      Lock icon Rebuilding after the big sell-off
      954 46 In 1989 Sea Containers had to fight ofif a hostile takeover by selling its key container assets and ferry business. Since then, founder and president James Sherwood has been busily getting the company back on its feet Bloomberg Business News A LITTLE more than four
      Bloomberg Business News  -  954 words
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      TRANSPORT DIARY
      473 46 COURSES Title: Diploma in Marine Operations Administration Duration: June 16 Organiser Port of Singapore Authority Tet For further details/registration, call SPI at 321-1998. Title: Import/Export Shipping Procedures (SDF 50%) Duration: June 16 Aug 4 (8 evenings) Organiser: Elim Management Services. Tel: Kor further details/registration, call: *****70. Title: Standard
      473 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        UPS boosts services to Myanmar and Vietnam
        309 48  -  By Rahita Elias SINGAPORE US-based air express major United Parcel Services (UPS) has boosted services to Indochina. A two-way package and document service linking Myanmar with the other 185 countries and territories served by UPS started on June 13. And since June 6,
        309 words
      • Article, Illustration
        Lock icon MAS signs deal with World Airways
        40 48 Reuter KUALA LUMPUR Baharuddin Nordin, (left) deputy managing director (marketing) of Malaysia Airlines (MAS) exchanges documents with World Airways executive vice-president Ahmad Khatib, during the launch of Malaysia Airlines' MD-II freighter service yesterday. Reuter
        Reuter  -  40 words
      • Article
        Lock icon Orly terms breach competition law: Britain
        288 48 AFP LUXEMBOURG Conditions imposed by France on the use of Orly airport by foreign airlines are not in line with the law of the European Union, British Transport Secretary John McGregor said on Tuesday. He told a press conference that he had met French
        AFP  -  288 words
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        Lock icon Delta to cut more routes, grounds Airbus planes
        476 48 Bloomberg Business News ATLANTA Delta Air Lines, accelerating efforts to cut costs and return to profitability, on Tuesday said it will further cut services across the Atlantic and will ground all 13 of its Airbus A-310 aircraft. Delta, the third-largest carrier in
        Bloomberg Business News  -  476 words
      • Article
        Lock icon USAir seeks US$500m in cuts from workers
        293 48 FT NEW YORK USAir, the loss-suffering US carrier in which British Airways holds a 24.6 per cent stake, is seeking pay and benefit cost cuts of US$5OO million (***** million) from employees to help reduce annual operating expenses by US$l billion. Outlining details
        FT  -  293 words
      • LOG BOOK
        • Article
          Greek heads shipowners9 group
          74 48 Greek heads shipowners 9 group SINGAPORE Spyros Polemis, vice-president of the Greek Shipping Cooperation Committee, was recently elected chairman of the International Association of Dry Cargo Shipowners. He replaces Hongkong's Frank Chao of Wah Kwong Shipping. Mr Chao did not stand for re-election during the association's annual general meeting held
          74 words
        • Article
          Lock icon China approves Chengdu projects
          88 48 AFP HONGKONG China has approved a budget of 2.52 billion yuan (*****.5 million) for subway projects in the capital of Sichuan province, the Hongkong branch of the China News Service said yesterday. Preparations were underway in Chengdu to construct a 46 km mass transit subway that
          AFP  -  88 words
        • Article
          Lock icon Osaka city-Kansai rail service begins
          72 48 Bernama-Kyodo OSAKA West Japan Railway Co and Nankai Electric Railway Co yesterday began a train service linking downtown Osaka and Kansai International Airport in Osaka Bay. The two railway companies will carry mainly employees of Kansai International Airport Co and related companies until the country's
          Bernama-Kyodo  -  72 words
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          Lock icon China Airlines crew to be retrained
          95 48 AFP TAIPEI Nearly 10 per cent of China Airlines (CAL) air crew have been ordered to undergo new safety training in the wake of the Nagoya air crash in April, officials of the Taiwan national carrier said on Tuesday. Some 450 crew took mock
          AFP  -  95 words
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          Lock icon Tug sent to help Japanese carrier
          108 48 Reuter CAPE TOWN A South African salvage tug was due to reach the stricken Japanese bulk carrier Shin Kakogawa Mam 210 km north-east of Maputo late on Tuesday or early yesterday, the tug operators said. Pentow Marine spokesman David Murray said the tug was
          Reuter  -  108 words
      • Article
        Lock icon Aviation sector slump to continue
        110 48 AFP NEW YORK The slump in the aviation industry will likely continue for several years, the rating firm Standard and Poor's said on Tuesday. The financial rating service said aircraft manufacturers' credit ratings will not improve until airline earnings improve. The number o( aircraft deliveries
        AFP  -  110 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1763 48 ag ggt ra nw tn_ torn DfcaM Gf 146 1120 Gf 147 1850 GA985 1435 SQ44I 1505 JUteUMt Qf81 1925 QF82 2055 SQ228 1955 AmstontoM KL843 0505 KL838 2300 SQ25 0630 SQ26 2355 GA975 1255 KL837 1450 Atfcf* SQ347 1725 Auckland SQ286 2040 BA11 1505 SQ288
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        Lock icon China Northwest Airlines grounds Tupolevs after crash
        167 48 AFP BEIJING China Northwest Airlines has grounded its fleet of Soviet-made Tupolev planes for safety checks after 160 people died in last week's crash of a TU-154, an airline spokesman said yesterday. The spokesman said by telephone from Xian that "ordinary" safety checks
        AFP  -  167 words
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      18 29 EVERYWHERE In the world HOTLINE *****30 Mega Fax Service Launched For more information, please refer to Pg. 6
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      27 29 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National UlMl/l Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740 2090
      27 words
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      Page 29 Advertisements Column 3
      56 29 the FAMOUS n <b jpOK ■iMHISI* 224 1833 J For more information pleaac refer to Pg. 15 Rebuilding Sea Containers, Page 18 UPS boosts services to Myanmar and V ietnam, Back Page STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday.
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      1673 30 TSKUNE AGENCIES (S) PTE. LTD. AgndA T I 4 t ntTf' JK!—-jLL-jL— J. I lIMf i ■■■■■■■■■KttliMßMiGiiUiitfiHHHN )nB|rv -7 w^^w—. w Tlx: RS *****/TSKSIN. I FYDHPT i TOKYO SENPAKU KAISHA, LTD. cr NO 1 i 8 347 8 0000n 1 J N( NJ^» f DWjCT TO Mf A WI»T CQAtT
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      2162 31 ri Q •auvoy tIIUIJUUJ VUIIV *w OOCL <S) PTE LTD JAROINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. TEL' *****13 FAX' *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL *****4 FAX. *****1 CFS TEL: *****6 jHT ROOKING TFI l?fi9180 *****81/ *****82 IPOH TEL. *****3/4
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      1897 31 EAST COAST SOUTH AMERICA PUERTO CABELLO/LA GUAIRA/RIO DE JANEIRO SANTOS/BUENOS AIRES/RIO GRANDE/IMBITUBA MARIT MAERSK V.9406 ETA SIN 21ST JUNE 1994 vau« Voy ETA ETO FMdarad by s r: T r::> donations This wee* MARC HEN MAERSK V 9408 21 06 oeoo has WMtM IHH HBH CfS 20/06 2359 MRS JOH
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      1580 32 AQABA R OAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPOftE JEDOAH (VIA JED) S TOM H'BURG A WEBP HAVRE WEST MALAYSIA THAMES 23/123 17/6 4/7 5/7 7/7 Poft Kelang. Penang HANNOVER EXPRESS 20/323 16/6 27/6 4/7 6/7 9/7 11/7 13/7 Pasir Gudang KAI 08/124 22/6 9/7 12/7 10/7 EAST
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      653 32 CZIZESB AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghuodi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok, Moscow, Baku, Tashkent, Irkutsk, Alma Ala, Ashgabad, Dushanbe, Kiev N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR CGM Normandie V.2194 21/6 16/7 Ned Europa V.2204
      653 words
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      1184 32 NORASIA NORASIA MUBARAK 9623-3 16/06 07/07 08/07 09/07 10/07 11/07 12/07 13/07 14/07 16/07 I NORASIA AIMANSOORAH 9424-3 22/06 14/07 15/07 16/07 17/07 18/07 19/07 20/07 21/07 21/07 NORASIA PRBKESS 9425-3 29/06 21/07 22/07 23/07 24/07 25/07 26/07 27/07 28/07 28/07 NORASIA SUN 9426 3 06/07 28/07 29/07 30/07 01/08
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      1317 33 W STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line ttWESB (A SERVICE OF CHINA NAVIGATION CO) CAUGO DUE SAHS MtRUBI VO7I KK. Skin, taw In Pt 17 tow FCL, LCL CONTAINER ANO BREAK BULK SERVICE TO PAPUA
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      Page 33 Advertisements Column 2
      3077 33 i SINGAPORE AGENT: ■ißMijlt Px/| I AnfoinAt*C P4O Containers (Singapore Agencies) Pie Lid M %JL\W V J 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 mmp I Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number **********0Z EXPORT IMPORT VESSEL VOY -PNO -PKO SIN
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      459 34 ifK EKA JAYA AGENCIES >9K§r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE [~HO CHI MINH CITY PAPER I HANDPHONE/PWtCT wtHBY not metM aß—ni BBJfIM CHAW _IMSI2S >TO VIETNAM/HCMC K CTWP— —n——SERVICE CENTER-POINT V 7 LINES KBfl WW I £T» SfOUt Wl CT> HCMC MSUKB 211* not 221*
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      Page 34 Advertisements Column 2
      1649 34 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSI 5 lUK HUH. SU TR IN FM Wl |Lf€ HAH SAV HM NYC HANJIN OAKLANO 026E 17/6 WKCT 7/7 1/7 J/7 HAIUR OAKLAM) 0261 17/6 It ElftOFE 014E 21/7 22/7 24/7 HANJM VANCOUVER
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      Page 34 Advertisements Column 3
      1374 34 4 id; IH =1 d d IKI ISC U( nis il 0» N1 IK [TO 1U CK Ul lire 1H) IM on W IK nt CM PU I t GOW KDM 20/4 21/1 20/4 20/4 30/4 3/7 4/7 5/7 4/7 7/7 «/7 11/7 1/1 3/1 4/1 |4/l 15/1 M/S 17/1
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      2442 35 'NEPTUNE AMAZONITE 09W' ETA SGP 18/06/94 II II II ETA RDM 04/07/94, FLX 05/07/94, II BRE 07/07/94, LEH 09/07/94 H EXPORT TO: PSW/PfiW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QULF MIDWEST USEC CANADA VISSIL VOY LOS OAK VAN SIT ATI. CC(i CLE (IB PAL MT HOI UPII \OR MA
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      Page 35 Advertisements Column 2
      1247 35 a MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y±Z±\ BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 dk BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      1024 36 K44 Bpi ft AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (Cft NO: **********0 M GST REG NO: M 2 *****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 1 W T IT 1 MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO ITEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6
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      226 36 conanentai Facmc Shipping J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK lOAOMG FOR WORLD ARGUS SID SID MPT FUJ/ROT/AMT/UK/ BELFAST FIAG TOM 20/6 24/6 27/6 FLU/ROT/ANT/UK MARIA K 7/7 11/7 14/7 FIU/ROT/AMT/UK loads Sabah/tndoMsia C R NO **********0H CONTIPAC SHIPPING PTE LTD T«l: *****32 Fax: *****49 P.K. MULTIPORT SDN
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      263 36 FOONG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1, #03-10 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL yor ET* ETD OCSTMATKM BRUT ANN 7/94 22/6 24/6 PIAJU/PALEMBANG SUN MY 7/94 23/6 25/6 PONTIANAK/SMTETE NEE DIAK I 8/94 23/6 25/6 BANTEN/BENGKULU
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      784 36 @APPENSHIP /2\ HAMBURG \J\J CONVENTIONAL INDEPENDENT LINER SERVICE V—■/ EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR NOVIGRAD ANTW 20/05 SPORE 18/06 ECUADOR HAM 22/05 SPORE 23/06 BASMA ANTW 28/05 SPORE 26/06 KOALA CONTAINER LINE SPORE FIX HAM RTM LEH CS TAHITI 4608 24/06
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      Page 36 Advertisements Column 5
      359 36 GOLDEN LINE A Vlq gV guan guan shipping lCSs><\ (PTE) LTD »6 23 T(WI w Str«t S«GJ»OK 1104 a TEL: *****51 (10 LOES) Fn: *****04 <CK No 101W*****0W) »TRAITt/PER»IAW GULF 6ERYICE S pore P. Mang Penang* GOLOEN mm Karachi Dubai Kraait 20/21 Mm GOUXN MAHttST Karachi Dubai Kuwait 9 My
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      539 37 > PACIFIC INTERNATIONAL LINES is pleased to introduce XIAMEN WITH TWICE-MONTHLY DIRECT SERVICE COMMENCING "SEA HORSE" VOYAGE 73 NB ETD SINGAPORE 30 JUNE For booking/enquiries please contact:MARGARET LING *****19 H.M. CHUA *****24 MALAYSIA SHIPPING CORP. SDN. BHD. L (PENINSULAR/EAST MALAYSIA/BRUNEI SERVICE) VESSEL VOY SIN PKG PGU KCH BTU SBW BKI
      539 words
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      971 37 VESSELS VOT SM IE HUM HAMBURG IHAUKS ROIUHOAM ANIWRP VH.IC Of lIIMM IO4W 23/08 11/07 15/07 16/07 17/07 H/07 VHU 0C lOC ANA UO4W 29/ Ot 20/07 22'01 23/07 24/07 28/07 KMC DC I BRA 104W 05/07 27/07 29/07 30/07 31/07 02/0* VRU DC CARINA CO4N 03 08 05 08
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      548 37 BSfl H. 'MMh MYANMA iSBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdj MERGUI VI23W Sated PAGAN V2O9W Sailed HP* AN V2O2W 20/22 Jun PAGAN V2IOW 24/26 fan MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCIES KUI TU 03-*****00 PHI TIL 03 *****67 PEN TEL 04 *****5
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      1000 40 ;(!<{^].^.@)[]?@>+{';'[*&(//=$, /iriCROATIA LINE A (EX JUGOLINIJA) j VESSEL SPORE PK PJtt LOADWG FPU RAB 2 JUI 4 JUt Alexandria. Beirut. Istanbul. Trieste. Koper. Lattakia. Limassol. Mersin. P. Said. Riieka. Venice GRO6MK 10 JUI 13 JUL do General Agent* EAST MOUNT AGENCY (PTE) LTD Sing*me Kuala Limpur Port Ktfonf P«unf SPORE
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      180 40 Anorbuu^ I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES WORLD AGAMEMNON 23/6 25/6 ROM/ANT/UK I SEA SONNE! 2S/6 30/6 FLU/ROAM/ANT/IK I ISP PK LOADING FOR I NORBULK TBN 2S/6 30/6 DSN CPT/EL I ALSO LOADS TAWAU KK. TG. MANI PK SWK SABAH LOADING
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      660 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 y HOT LINE; *****33 (24 LINES) ARE MOVING PORT KLANG PH: 03/*****02 (10 LINES) 11 PENANG: 04/*****7 (10 LINES) SUPER EXPRESS SERVICE TO SEA lAL SHIPPING AGENCY (S) PTE LTD 180 CECIL STREET #11-02/03 BANGKOK BANK BLDG, S
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      751 41 VESBCL ISRA BHUM 55S I Fri 17/6 Sun 19/6 VESBCL SIN KTW CHAIYA BHUM ®13N Sti lj/6_ MM W* 0 BRAN! I 438 I Mon liff Thu 23/6 I I XETHA BHUM Mon g>/« W»<3 22/6 I H M CHAiYA BHUM 614W Sft g/|__Mon_ 27/» KOTA EAGLE 1 EQLOO7 I
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      288 41 m RICHFIELD MARINE AGENCIES (S) PTE LTD K TEL: *****33 (12 Lines) K FAX: *****15/*****03 Hj TELEX: R8 ***** RISHIP (3 Line*) CR NO.: **********0E I ETHIOPIAN SMPfM LMS f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VinU vot ETA I Loading For Spore Abbay Wonz 40WB 12/08 Daressalaam
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      536 41 Guarantaad Sailings to:BANGKOK/LAEM CHABANG/LAOS EVERY WED I SAT MANLA/CEBU EVERY TUES PORT KELANG/PENANG EVERY MONt FRI HO CHI M>NH EVERY FRI HOWG KONG EVERY FRI JAKARTA EVERY SAT BUS AN EVERY SUN SURABAYA EVERY St* DONGNAMA LINE -we, TrT" .1 t *sm r» m k k na HC 00*10 MOCK
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      1576 42 ■LAJIMN CONTAINER LINES, INC 2Agents: MAC-NELB SPORE: *****22 (24 LINEB) V—l\/ > 'c/R N* IMOC7MOOM SIBU (064) *****9 KUCHINQ (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKI SIN 5 SAILINGS/WEEK PEN PK SIN
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      110 42 TITIMAS SHIPPING TRADING SDN. BHD. TITIMACT. KELANG (03)*****55 (H/Liiw) F«: 03-*****63 Tlx: MA ***** TISITA VESSELS VOY P KLANG PORT OF DESTINATION SIN YOU 6/94 10/6/94 KUCHING/SIBU/SARIKEI NEW LINE NO 1 8/94 15/6/94 MUARA/MIRI SUTRA 9/94 15/6/94 KUCHING/S4BU PINESEAS MARITIME PTE LTD VESSEL VOY SPORE PKLG K K BRIS SYO
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      188 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EIA ll* EIA SPORE POUT HUANG PENANG BIU JAM ?8 6 loading tor Mai* RUVAI HUOHU JO 6 loading tor Ovbai oanw M PORT loading Foi Male PWNEEI sunt* 23 6 loading Fot Ma*? UMMEEDH ?8 6 loading fw Mate PtOGMSS LBUIT
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      1170 42 f C 3 THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I J TEL: 227-5088 FAX: 227-6011 I I 21 TLX: RS ***** CARRIER, RS ***** JENHOI CABLE: TOSOCO I 4 rwO»fl BOOH i Cmm AS t SINGAPORE TO SARAWAK VESSEL iiT"" S PORE
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      41 44 The Natural Salesman sells effectively in the right media and the right company. Classified the people finder. THE STRAITS TIMES THE SUNDAY TIMES BUSINESS TIMES THE NEW PAPER LIANHE ZAOBAO LIANHE WANBAO SHINMIN DAILY NEWS BE RITA HAITIAN BE RITA MINGGU
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      496 46 Wv?»»n rHikirrlnga ruyu vyrl I Winery VESSEL VOYAGE SWCAPORE gy LANKA MAHAPOLA *****N 17/06 (FRI) 22/06 (WED) PERVOMAYSK 940Q4N 21/06 (TUE) ?5/0$ (SAT) VIGOUR PACIFIC *****N 24/06 (FRI) 29/06 (WED) FI AT n SDAT LANKA MAHAPOIA *****N 28/06 (TUE) 02/07 (SAT) ttAinrU IWltt tIWHIIBfI Ctttl AAIITAIfcISfi mmhimk Wr y VfU
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      692 46 111J 3CV A It I iMVJ I'l 113 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1800 1900 2000 2100 2200 2300 It 1.7 22 2.6 2.1 2.1 2.S 20 1.4 1.0 0.7 0.6
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      1016 47 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PHA* IKE* PCD" VESSELS VOY I SIX RTM ANT* LEH* HAM BREt FEL 15/06 17/06 18/06 H. PIONEER 309* 20/06 01/07 10/07 11/07 10/07 10/07 12/07 22/06 24/06 25/06 H. FRONTER 311* 27/06 15/07 17/07 11/07 17/07 17/07
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      493 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nsstl 5 FS nut HI COSMIC CIUIUIICU VII IS t MMCt MY V2O 21/1 IS/I •SUN STAR VISS 22/1 24/1 MTSV II 22/1 (Ml 2S/I) OUTBOUND VESSELS LOADING m TOU YO/SEWBOKO TANJONG EMAS V 33 SP 3/7 Pk 7/1
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      1026 47 VtSSEL VOY SIN ETA/0 LAX OAK "CH I DM. MEM/COL HOU NYC I NOR ALLIGATOR TRUMPH 55A 23/06 10/07 12/07 13/07 14/07 14/07 15/07 15/07 16/07 GEORGE WASHNGTON BRPGE 7»A 30/06 17/07 19/07 22/07 22/07 23/07 22/07 24/07 24/07 ALLIGATOR PMPt 52A 07/07 24/07 26/07 27/07 21/07 28/07 2S/07 29/07
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      53 48 MARKETING Tomorrow in Business Times rr" —i f RITRA GROUP requires Applicants should have at least 5 years experience in the same lines Able to be stationed in Jakarta, Indonesia Salary negotiable Applicants to write in with full resume to PO Box 700 Airmail Transit Centre 4 Singapore 9181 or
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