The Business Times, 27 June 1994

Microfilm: NL19383
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Monday June 27 1994 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Bulk carrier missing
      59 1 AFP CAPE TOWN A missing bulk carrier could be responsible for a massive oil spill which is polluting penguin colonies and dumping black slime on tourist beaches here. Officials yesterday said the Hong-kong-registered vessel Apollo Sea, carrying iron ore, left Saldanha Bay, 90km northwest of here, last
      AFP  -  59 words
    • Article
      Lock icon Pakistan shuts down
      36 1 Reuter KARACHI Shops pulled down shutters, factories halted production lines and coal mines stopped work as business and industry across Pakistan launched a two-day strike yesterday to protest against against new taxes. Reuter
      Reuter  -  36 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Friday W' e e k change STII 2,245.82 -60.41 KLSEComp 1,015.03 -23.01 Nikkei 20,766.75 -3.4pc Hang Seng 8,881.00 -232.96 SET Index 1,292.54 -77.99 Jakarta Comp 468.87 -7.67 CLSA China B ....1,051.31 -6.35 Aust All Ord 2,017.9 -33.3 FTSE 100 2.876.6 -146.3 Dow Jones 3,636.94 -139.84
    161 words
  • Article
    S'pore market set to chalk up record IPOs in first half-year
    643 1  -  Twenty more offerings expected in next six months By Ven Sreenivasan SINGAPORE With two more companies expected to launch their initial public offerings this week, the number of new listings in Singapore in the first half of 1994 is
    643 words
  • Article
    Super Coffeemix wins listing approval
    400 1  -  By Corinne Kerk SINGAPORE Beveragemaker Super Coffeemix Manufacturing has won in-princi-ple approval to list on Sesdaq in a few weeks' time. The public offer will be lead managed by the United Overseas Bank. The company, which has 20 different beverages and 10 food products sold
    400 words
  • Article, Illustration
    Hata re-emerges as favourite to form new Japanese govt
    491 1  -  From Anthony Rowley in TOKYO JAPANESE Prime Minister Tsutomu Hata, who resigned along with his two-month-old Cabinet last Saturday, has a strong chance of re-emerging as head of a new government when the Lower House of the Japanese Parliament votes to
    491 words
  • Article, Illustration
    Lock icon Pressure mounts on central banks to adjust interest rates
    378 1  -  From Neil Behrmann in LONDON CENTRAL banks will be forced into major interest rate adjustments to avert a dollar crisis and global stock market slump, say London and New York economists, currency and stock market strategists. The US Federal Reserve Board
    Source: Bloomberg  -  378 words
  • Article
    Thai securities watchdog wants more teeth to fight fraud
    357 1  -  From Loh Hui Yin in BANGKOK THE Securities and Exchange Commission (SEC), Thailand's watchdog agency, wants more powers to crack down on stock market irregularities and manipulators. A recently-released report by the parliamentary committee on finance and banking has recommended giving
    357 words
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      68 1 P wI^hI feCQHTINTO 1 NMI CMpaates S>« New 2 S potWaa .21.22,23 Regomi Mew 3,4,5 Financai 25.26 World New 68 Fntws mm*** BusmessJT 11H Oob/KLSt, SES 30-32 Enterprise 15 Share Wo 28 S«arfe Ml Renew 29 IV/Arts 19 Currencw 26 WorM Focus 10 Sano/Cotnmo 26,27 S«fcicri»a— TH 1800-*****77 F» *****75
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      17 1 Business IT: Pg 11 Asia's world-class designs US Treasury official forecasts 3pc growth for economy Page 8
      17 words
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      8 1 Foreign investment down sharply in China Page 20
      8 words
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      Page 1 Advertisements Column 4
      50 1 Hock Lock Siew: Pg 21 LZj Rough road for Daimler-nXiz Medium-sized companies lead listings this year, Pg 21 York Pacific to launch IPO this week, Pg 21 Trade talks will push ahead, Hata reassures Clinton, Pg 20 ■Jv A report card on China's RfflloEj supremo for the economy, Zhu Rongji
      50 words
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      Page 1 Advertisements Column 5
      29 1 Line: Pg 20 for Indon-Aussie ties TOSCANO Tk Hmitmmrk Of Emdmrimg Qmml i t y Com*, new collection from Toscam that is imf>eciabU^n^^^ twJurf f&r to/ //aw. 1^ jM^H
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      34 1 THE BEST SELLING COMPACT ZOOM Vjf^ espiolls it ItCiufvt oisr*i»uro* I l rt>llt mf Cmmi ■aritKM 111 hi Hi] S ull ivdvl §1 CROCODILE NOUSi Si MAR 001 l««0 Hi MttJM Ml 741 tOM
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Strong growth in loans
        318 2  -  By Shiv Taneja DEMAND from private individuals and the housing sector continued to drive loans growth in April, the latest month for which figures were available. Total loans and advances including bills financing by banks for April racked up $80.93 billion, while year-on-year loan growth reached
        Source: MAS  -  318 words
    • Article
      Business group sets up panel to boost ties with India
      310 2  -  b* Paul Leo THE India Business Interaction Group (IBIG) has set up a private sector steering committee to further strengthen business linkages with India. Called the India Business Interaction Group Steering Committee, it is led by Member of Parliament for
      310 words
    • Article
      MP urges market pricing for public services
      291 2 MARKET-PRICING of public services is needed to ensure that Singapore remain a competitive free-market economy and to maximise public welfare, said MP for Brickworks GRC Chay Wai Chuen. Writing in the May/June issue of Petir, Mr Chay supported Prime Minister Goh Chok Tong's
      291 words
    • Article
      Take training seriously, smaller firms urged
      268 2 Boon Heng: workers' job security at stake if they do not upgrade skills SMALLER companies and workers themselves need to take training more seriously to improve the skills, productivity and competitiveness of Singapore's labour force, said NTUC secretary-general Lim Boon Heng. Mr Lim, who
      268 words
    • Article, Illustration
      Development plans should be 5 years, town councils told
      280 2 THE Acting Minister for National Development. Lim Hng Kiang. said yesterday that town councils should plan for precincts development in terms of a five-year perspective rather than one year. Speaking at a seminar at the NTUC Pasir Ris Resort on the
      280 words
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      171 2 the killing today -IfKi*z£l Finest Scotch j I contacts The comprehensive range j complete with a product index in 8 languages. No matter the Malaysian Exporter indispensable marketing tool. Kl rn.rfiirnf tn.n .i f |f,.f,., 11 oy me Federation of 1 1 (FMM) t&ni Mefeyetd BbttooisiNKPtMlMfei Development BH Publications Division
      171 words
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      674 2 An efficient and well-established auto servicing/repair centre located in the east of Singapore, we are only 15 minutes away from CBD. Residents in Katong, Siglap, Bedok, Tampines and Changi have long since experienced the convenience of CAR SERVICING BY PHONE. The overwhelming demand from EXECUTIVE CLASS customers have compelled the
      674 words
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  • SOUTH-EAST ASIA
    • Article
      New Mekong Committee formed, water pact soon
      458 3  -  By Harish Mehta SINGAPORE Breaking a two-year jinx, the Indochinese countries and Thailand have achieved a breakthrough in forming a new Mekong Committee, and expect to sign a new pact soon to share the water of the Mekong River. The new committee, comprising
      458 words
    • Article
      Lock icon Cambodia's investment law ready
      317 3 Reuter PHNOM PENH Cambodia's long-awaited investment law designed to kick-start the war-battered country's fragile economy is ready for parliamentary approval. A senior government official yesterday said: "It will be presented (to parliament) next week." The final draft is said to contain eight "chapters" including investment incentives,
      Reuter  -  317 words
    • Article, Illustration
      Lock icon Running for the real thing
      42 3 Reuter PHNOM PENH Cambodian runners speeding past the Royal Palace in a three-km run in the Cambodian capital yesterday. More than 1.000 Cambodian Olympic hopefuls competed in the "Olympic Centennial Run' a race sponsored by Coke. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Anti-Chuan politician may win leadership of coalition party
      160 3 AP BANGKOK An influential politician who has strongly criticised Prime Minister Chuan Leekpai may be elected leader of a party in Mr Chuan's coalition government. Radio Thailand yesterday said Chamlong Srimuang's election to the Palang Dharma Party, which he founded and once
      AP  -  160 words
    • NOTEBOOK
      • Article
        Lock icon How Manila clinched IMF loan
        96 3 Reuter MANILA Ihe government's adherence to policy reforms made it possible for the Philippines to secure International Monetary Fund (IMF) approval of a USS6B4 million (551.04 billion) three-year financing package. Approval of the loan, made under the IMF's Extended Fund Facility, was announced in Washington
        Reuter  -  96 words
      • Article
        Lock icon Record number of tourists
        51 3 UPI MANILA The Philippines drew a record high of 377,887 tourists in the first quarter of 1994. The Office of the President yesterday said the country drew a record high 1.4 million tourists in 1993. Tourism officials hope to attract 1.7 million tourists annually until 1996.
        UPI  -  51 words
      • Article
        Lock icon More foreigners visiting Vietnam
        68 3 Reuter HANOI I'he number of foreigners visiting Vietnam increased by 18.6 per cent in the first six months of 1994 compared to the same period last year. The official Vietnam News Agency yesterday said about 430.000 foreigners and overseas Vietnamese. 60 per cent of them tourists,
        Reuter  -  68 words
      • Article
        Lock icon Vietnamese customs duties up 45pc
        47 3 AFP HANOI Export and import tax revenues collected by Vietnamese customs have risen to USS3SO million in the first six months of 1994, a 45 per cent increase over initial projections for the period, customs chief Phan Van Dinh said yesterday. AFP
        AFP  -  47 words
    • Article
      Lock icon Next M'sian budget to maintain economic growth
      240 3 Bernama KUALA LUMPUR Next year's national budget will seek to maintain the country's economic growth and reduce the rate of in Hat ion. The Finance Ministry's Parliamentary Secretary. Affifudin Omar, yesterday said that the government would formulate a strategy to maintain the growth
      Bernama  -  240 words
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      172 3 On our First and Business Classes, entertainment on as many as 11 inflight name it. All regularly updated. All After all, we did recently win the we can't promise that you'll always be channels. In addition, Qantas First uncensored. And all to be viewed at Avion Gold Award for Exccllence
      172 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon China helpless on copyright: experts
        87 4 AFP BEIJING The Chinese government, for all its pledges to improve copyright protection, remains impotent to curb widespread violations to ward off looming US sanctions, experts here said. Beijing has until Thursday to take effective action, after the United States in April gave China 60
        AFP  -  87 words
      • Article
        Lock icon Taiwan to allow Chinese bank dealings
        81 4 Reuter TAIPEI Taiwan, easing restrictions on economic contacts with the mainland, plans to let overseas branches of Taiwan and Chinese banks do business with each other, the Central Daily News newspaper said yesterday. During a two-day conference next month on China policy, the Finance
        Reuter  -  81 words
      • Article
        Lock icon Five face corruption charges
        75 4 Reuter TAIPEI Taiwan's Investigation Bureau has recommended corruption charges against five people in an influence-peddling scandal involving sale of public land at below market priccs, newspapers said. The Taipei district prosecutor will hold hearings to determine whether to indict Chen Pi-chiang, a member of Taipei's city
        Reuter  -  75 words
      • Article
        Lock icon Jiangxi seeks nuke power plant nod
        56 4 Reuter BEIJING The southern province of Jiangxi has applied to the central government to build China's first inland nuclear power plant costing 30 billion yuan (555.2 billion), the China Daily said. It said the plant would have four to six reactors of between 900,000
        Reuter  -  56 words
    • Article
      Lock icon Zhu set to keep job as inflation fighter
      538 4 Reuter BEIJING China's Vice-Pre-mier Zhu Rongji has ended with only limited success his first year in an unenviable job. trying to tame one of the world's wildest economies. Mr Zhu took over as economic boss and central bank chief a year ago.
      Reuter  -  538 words
    • Article, Illustration
      Lock icon Making every shot count
      50 4 AFP BEIJING People's Liberation Army soldiers practising shooting at a riurbank yesterday. The PLA is the world's largest military force, comprising about three million personnel. China's military budget is 52 billion yuan (Ss9.l billion) this year, a rise of 9.5 billion yuan over last year. AFP
      AFP  -  50 words
    • Article
      Lock icon China to scrap two-tier prices for ads
      179 4 AP BLUING China plans to scrap a two-tier pricing system that makes foreign firms pay more than Chinese firms to advertise. an official newspaper reported yesterday. The reform will go into effect when China re-enters the General Agreement on Tariffs and Trade, the
      AP  -  179 words
    • Article
      Lock icon Beijing reiterates ban on firms9 share schemes for workers
      321 4 Beijing reiterates ban on firms 9 share schemes for workers Bloomberg Business News BEIJING China has reiterated its law against eompanies issuing shares to their employees. saying a spate of such fund-raising has hurt efforts to cool the economy, the official Financial Alews reports. The circular, issued by the State
      Bloomberg Business News  -  321 words
    • Article
      Lock icon China unveils 6.5b yuan plan to placate discontented farmers
      543 4 UPI BEIJING In an effort to placate China's increasingly militant farmers and bolster falling cotton and grain yields, Beijing has earmarked 6.5 billion yuan (551.12 billion) in preferential loans for China's rural population, the Ministry of Agriculture said yesterday. "Such an
      UPI  -  543 words
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      376 4 I <*■ rz~ a> 111 n n,,,. JL& I When the Swiss first discovered gold, «sl 1 it changed the world for all time. i Jt* n a Swiss immigrant, John Sutter, stumbled Switzerland, the home of both John Sutter and the I upon the first nugget of gold in
      376 words
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  • REST OF ASIA
    • Article
      Lock icon Canberra rejects market's call to raise interest rates
      427 5 No sign of inflationary pressures, says Treasurer Reuter CANBERRA Australian Treasurer Ralph Willis yesterday rejected financial market calls for an early rise in interest rates, saying there was no need while price pressures remained so low. "It's important for the economy that
      Reuter  -  427 words
    • Article, Illustration
      Lock icon A fitting tribute to a leviathan
      60 5 Reuter TOKYO This is the world's largest plastic model of the world's largest animal: the blue whale. According to Tokyo museum officials, the life-sized model, which measures 30 metres in length, eclipses one which belongs to the American Museum of Natural History in New
      Reuter  -  60 words
    • Article
      Lock icon Seoul police crack down on protesters
      146 5 Reuter SEOUL South Korea, intensifying a crackdown on labour strife that threatens the nation's robust economy, yesterday used thousands of riot police to crush anti-govern-ment protests by strikers and students. The Defence Ministry, meanwhile, ordered hundreds of soldiers to replace train engineers and mechanics
      Reuter  -  146 words
    • Article
      Aussie chemicals makers fear low-cost Asia snaring MNCs
      425 5  -  By Peter Osborne SINGAPORE Aggressive tax benefit schemes and subsidies by South-East Asian countries, including Singapore, could sway multinational companies from investing in Australia, worried Australian chemicals and plastics manufacturers have warned their government. The chief executive of the Plastics and Chemicals
      425 words
    • Article
      Lock icon Indian central bank chief calls for market transparency
      391 5 Reuter BOMBAY The governor of India's central bank says the country's capital markets should improve its clearing and settlement methods and make transactions transparent to gain investor confidence. "Notwithstanding the massive growth, the Indian capital market continues to display several weaknesses," Chakravarty
      Reuter  -  391 words
  • Page 5 Advertisements
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      115 5 jb. V i y db-direct from Deutsche Bank Bank on our connections. Imagine connecting with one of the largest banks in the world imagine accessing up-to-date information on your accounts, foreign exchange and trade finance imagine initiating letters of credit and payments in an instant imagine the convenience of all
      115 words
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  • THE WORLD
    • WORLD WATCH
      • Article, Illustration
        Lock icon Empress makes a princess' day
        60 6 Reuter HONOLULU Japan's Empress Michiko chatting with an overwhelmed third-generation Japanese-American youngster a recently-crowned cherry blossom princess who was moved to tears by the royal meeting. Empress Michiko and her husband Emperor Akihito were visiting the Japanese Cultural Centre of Hawaii on Saturday at the
        Reuter  -  60 words
      • Article
        Lock icon Mexican candidate sees 6pc growth
        107 6 Reuter MEXICO CITY Opposition candidate Cuauhtemoc Cardenas said that the Mexican economy would grow by 6 per cent a year within two years of his assuming office, newspapers said on Saturday. Mr Cardenas, the candidate of the left-leaning Democratic Revolutionary Party (PRD), said the growth
        Reuter  -  107 words
      • Article
        Lock icon 34 die in Turk, Kurdish clashes
        86 6 AP DIYARBAKIR, Turkey Clashes between Turkish troops and Kurdish guerillas claimed 34 lives, the Turkish news agency Anatolia News Agency reported. Anatolia said a total of 25 guerillas and fline soldiers died in various clashes on Saturday in the south-eastern provinces of Sirnak, Diyarbakir,
        AP  -  86 words
      • Article
        Lock icon Shining Path leader captured
        83 6 AFP LIMA A top leader of the Shining Path guerilla army has been captured in Lima, anti-terrorism police said on Saturday. Jorge Tulich Morales was caught while making plans for attacks in the Peruvian capital, said officials. Tulich Morales is the fifth alleged high-ranking member of
        AFP  -  83 words
    • Article
      Lock icon Mussolini diaries found, claims newspaper
      190 6 Reuter LONDON An unnamed Italian businessman has discovered diaries purporting to have been written by Italian dictator Benito Mussolini, the Sunday Telegraph newspaper said. The five volumes covering the years 1935-39 have been missing for nearly 50 years and could be one of the biggest
      Reuter  -  190 words
    • Article, Illustration
      Lock icon Kohl faces daunting task of mending rift over EU presidency
      638 6 EU's Corfu summit Reuter CORFU German Chancellor Helmut Kohl faces a daunting start to his stewardship of the European Union, searching for a swift solution to a rift that scuppered the EU's Corfu summit. Britain on Saturday blocked the appointment
      Reuter  -  638 words
    • Article
      Lock icon EU agrees to pay lion's share for US$ 2b Chernobyl shutdown
      332 6 AP CORFU European Union leaders have proposed to pay for the closure of the Chernobyl nuclear plant if the United States and Japan will join them in offering an economic rescue plan for Ukraine that would include funding for
      AP  -  332 words
    • Article
      Lock icon Call for budget, currency constraints to keep lid on rates
      330 6 KnightRidder CORFU A continued suppression of budget deficits and currency stability in order to consolidate low short-term interest rates has been called for by European Union leaders. "The efforts must be continued in order to consolidate the fall in short-term
      Knight- Ridder  -  330 words
    • Article
      Lock icon Better prospects for economic growth in Europe
      240 6 Knight-Ridder WASHINGTON Prospects for economic growth in Europe have improved substantially, says Robert Rubin, an economic adviser to President Bill Clinton. Sidestepping a question on whether the Clinton administration believed European nations had done enough to lower their interest rates. Mr Rubin yesterday
      Knight-Ridder  -  240 words
    • Article
      Lock icon Macedonia deaf to UN appeals to enforce Yugoslavian sanctions
      301 6 Reuter SKOPJE United Nations appeals for strict enforcement of sanctions against rump Yugoslavia have fallen on deaf ears in Macedonia where trade with Serbia has increased markedly this month. International officials yesterday said truck traffic along the border had increased in
      Reuter  -  301 words
    • Article, Illustration
      Lock icon Clinton stands firm behind call for universal health coverage
      582 7 AP WASHINGTON President Clinton said on Saturday he hoped to provide all working Americans with the same "great deal" on health insurance that he shares with members of Congress and other federal employees. In his weekly radio address, the President stood
      AP  -  582 words
    • Article
      Lock icon Third World aid agency turns to US inner cities
      316 7 NYT BALTIMORE The Agency for International Development (AID), which spent the Cold War fighting Communism with foreign aid and helping poor countries like Bangladesh immunise children, has found a new customer for its services: America's inner cities. Parts of Los Angeles,
      NYT  -  316 words
    • Article
      Lock icon Pentagon withdraws choice for Pacific commander
      197 7 NYT WASHINGTON The US Defence Department has withdrawn its choice for commander of American forces in the Pacific because misgivings about the nominee's handling of sexual harassment and other issues threatened to hold up Senate confirmation at a time of increasing tensions in the
      NYT  -  197 words
    • Article
      Lock icon Clinton government boxed in by dollar dilemma
      693 8 Unwillingness to raise interest rate, no compromise with Japan on trade will make greenback tumble further: analysts Reuter WASHINGTON The Clinton administration has drawn three lines in the sand of economic policy on the US dollar, interest rates and trade with Japan and
      Reuter  -  693 words
    • Article, Illustration
      Lock icon Birds of a (soiled) feather
      46 8 AFP CAPE TOWN Volunteer workers at a rescue station here helping to round up oil-covered penguins from Robben Island over the weekend. An oil slick of unknown origin is moving down the west coast of South Africa, threatening marine life. AFP
      AFP  -  46 words
    • Article, Illustration
      Lock icon US Treasury official sees 3pc growth and inflation
      429 8 AFP AUSTIN, Texas US Deputy Treasury Secretary Roger Altman said 3 per cent economic growth and 3 per cent inflation are forecast for 1994 and 1995. "Three per cent growth and 3 per cent inflation on the CPI (consumer price index), that's
      AFP  -  429 words
    • Article
      Lock icon Alan Blinder confirmed as Fed vice-chairman
      203 8 KnightRidder WASHINGTON The Senate has unanimously approved the nomination of US economic adviser Alan Blinder to a four-year term as Federal Reserve vice-chairman. He takes the seat left empty by David Mullins, who resigned in February to pursue a private sector career. President Bill
      Knight- Ridder  -  203 words
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      Page 6 Advertisements Column 1
      55 6 Hungarian State Opera in Mozart's Don Giovanni c ca c over3ooyears of opera tradition Tick c t s $1 6, $2 b, $46, $b 7 $8 2 $103 Victoria Concert 11 all Box Office. aH( I retribution, and Mozart's best loved arias. Presented by Singapore Symphonia Co in conjunction with
      55 words
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      Page 6 Advertisements Column 2
      73 6 Personal touch, Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities lor recreation, entertainment, dining out and shopping at your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all. that warm family atmosphere
      73 words
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      2358 7 SING INVESTMENTS FINANCE LIMITED /&lF\ AND ITS SUBSIDIARY COMPANY W (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31ST DECEMBER 1993 OetopcndmaenaprcpenMneidanattotowt: 11 Mtt Book Value Tht Grouo The OOWMW The Group The Company Tt» Group and The Company 1983 1982 1983 1992 1 srooo srooo srooc srooo
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      37 8 is now And we promise even better changes to come. HLBank (a limited liability company incorporated in Malaysia) 55 MARKET STREET 01-00 Bi 12-00 SINSOV BUILDING SINGAPORE 0104 TELEX RS ***** HLBANK TELEFAX *****40 PHONE NO *****66
      37 words
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      1297 9 ADVERTISEMENT INDIA AND SINGA P O R E r iiilflSßWM the cii team President, Confederation of Indian Industry (CII) Group Export Manager, Ra)inder Steels Ltd. MR. ABHIJIT BHAUMIK (Standing left to right) Mr. Alan Yeo, Chairman TDB Mr. Syamal Gupta. Vice Chairman Managing At a meeting with the Prime Minister
      1,297 words
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  • WORLD FOCUS
  • Page 10 Advertisements
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      205 10 ¥TT\ T ¥T r ON THE ROCKS. Can't decide what to have M Sustacal Peach on the rocks. Sustacal Peach is a nutritionally complete food drink, which means that although it's a drink, it contains all the essential nutrients of a complete and balanced meal. Sustacal is high in calcium
      205 words
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      341 10 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO FEROLAND INVESTMENT PTE LTO MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on the 22 June 1994, the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily
      341 words
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      162 10 THE OF SINGAPORE AMOUNT OFFERED SGDSMMIO If INTEREST RATE TO BE DETERMINED BASED ON THE 3j' AVERAGE YIEID OF SUCCESSFUL g PRICE TO BE DETERMINED AT THE AUCTION INTEREST PAYMENT DATES 1 JULY AND 1 JANUARY FIRST INT PAYMENT DATE 1 JANUARY 1995 CALCULATED FROM ISSUE DATE "A, MIN DENOMINATION
      162 words
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  • Business IT
    • Article, Illustration
      CEI aims for bigger image in video card market
      792 11  -  Creative Technology, with its success in the sound card business, serves as a role model for the company, Joseph Rajendran reports Joseph Rajendran CHARTERED Electronics Industries (CEI) aims to set the standard in the worldwide PCbased video card market the way
      792 words
    • Article
      Asia no longer the assembly house of the West
      714 11  -  From a cheap place for low-level assembly work 10 years ago, Asia now has world-class designs, TI Asia's new chief tells Claire Leow Claire Leow THE new president of Texas Instruments Asia, Keh-Shew Lu, is placing greater emphasis on original design
      714 words
    • Article, Illustration
      Compaq forum a first in Singapore
      401 11  -  By Joseph Rajendran TOP US PC maker Compaq is organising an international technology forum in Singapore for the first time, with eight leading speakers from the computer industry expected to attend. Scheduled for Sep 13-15, Intech '94 is part of Compaq's strategy to bring
      401 words
    • Article
      Marriage of corporate buyers and multimedia
      395 11  -  By David Welcher A MAJOR step forward in the long-predicted marriage of emerging multimedia technologies and the corporate IT buyer will come to pass tomorrow, when the 12th annual PC Expo opens in New York City. Multimedia and wireless communications will each enjoy complete
      395 words
    • Article
      Lock icon IBM calls HP-Intel alliance challenging
      209 11 Reuter INTERNATIONAL Business Machines Corp's chief strategist James Cannavino called a new chip alliance between Hewlett-Packard and Intel Corp a challenging force in the computer industry. "I think it is a tremendously powerful endorsement of the Power architecture (based on IBM's PowerPC chips)," he also
      Reuter  -  209 words
    • Article
      Creative eyes future niches in videoconference market
      379 12  -  By Joseph Rajendran SINGAPORE computer firm Creative Technology plans to eventually develop videoconferencing system based on digital lines as well as the IBM-led PowerPC chip. Creative president K S Chay told Businessll that "it will take two to three years before integrated services
      379 words
    • Article
      Lock icon Japanese firms increasing output of micro-controller chips
      454 12 NYT JAPAN'S electronics manufacturers are stepping up production of microcontroller chips, or microprocessors used in a control operation to alter a process or operation. Industry officials say demand has been increasing for micro-controllers used in computer peripherals such as CDROM drives, as a
      NYT  -  454 words
    • Article, Illustration
      Finding room for a Local Area Network in the office
      814 12  -  NET WATCH TRACKING THE NETWORKING WORLD Tommi Chen continues his series on how small businesses can go about setting up Local Area Networks Tommi Chen The writer is managing partner of Net Centre Pie Ltd, which specialises in network services.
      814 words
    • TECH TAKES
      • Article
        Epson's new Cyrix-based PCs
        57 12 SINGAPORE Epson Singapore has announced that it is incorporating Cyrix 486 chips into its Action Desk 4000 series of high-end PCs. Two models, based on the Cyrix 486DX-33 and the 486DX2-50 processors, will be added to its 486-family. Prices for the Action Desk 4000 models start
        57 words
      • Article
        Lock icon Unisys launches new line of servers
        63 12 Reuter SINGAPORE Unisys Corporation said it has launched a new line of scalable, symmetric multiprocessor servers for high-volume commercial transactions. The U6OOO/500 line is designed for applications including on-line transaction processing, corporate replicated networks and database management. The new line's three models extend the
        Reuter  -  63 words
      • Article
        Hitachi to release new 32-bit PC laptop
        78 12 TOKYO Hitachi Ltd plans to release a new 32-bit laptop computer this autumn, its first serious foray into the PC market in over 15 years. Until now, Hitachi has specialised in larger mainframe systems for business use. "It's a very attractive market. In
        78 words
      • Article
        Seagate appoints Tech Pacific
        45 12 SINGAPORE Disk drive maker Seagate Technology has appointed Tech Pacific Singapore as the authorised distributor of its flash card memory products. Tech Pacific Singapore distributor network includes 500 dealers. The flash card products range in capacity from 2.5 to 20.9 megabytes.
        45 words
      • Article
        Word Perfect's new membership scheme
        61 12 SINGAPORE Software firm WordPerfect Asia has launched a membership scheme called Perfect Connection that is free of charge to registered users throughout Asia. Membership to Perfect Connection will ensure that users of WordPerfect software are informed of new products, upgrades and interim releases when they
        61 words
      • Article
        Micrografx takes on Asia-Pac business
        56 12 SINGAPORE Sydney-based Micrografx Australia said that it would assume responsibility for the company's Asia Pacific business. This would cover Hongkong, Singapore, Malaysia, Thailand, Indonesia and Korea. The company said that its international sales in fiscal year 1994 grew 12 per cent and in the region,
        56 words
      • Article
        Bangkok opts for Racal Datacom
        43 12 SINGAPORE Thailand's Ministry of Finance has chosen Racal Datacom's PremNet fibre optic system as the backbone for its five building network. RacaTs distributor Worachak International, together with Unisys and Sun Microsystems, ofTer a single solution to the ministry.
        43 words
      • Article
        Lock icon Oracle launches new database software
        82 12 Reuter SAN FRANCISCO, Oracle Corp last week announced the availability of its latest SQL database software, Oracle 7 Release 7.1, company sources said. Oracle 7.1 pricing will begin at U555,440 (558,323) for an eight-user licence and will be immediately available on a variety of computer
        Reuter  -  82 words
      • Article
        Lock icon Gateway 2000 sees minimal profit
        67 12 Bloomberg Business News NORTH SIOUX CITY, South Dakota Gateway 2000 Inc said it expected to post a "minimal profit" in the second quarter because of lower prices for its computers and higher business costs. In addition, the personal computer maker said it expected to set
        Bloomberg Business News  -  67 words
    • Article, Illustration
      A maturing technology finds new converts
      984 13  -  IN SYNC INTEGRATING IT BUSINESS Continuing the series on imaging, Douglas Fisher expalins the evolution of the technology and tells a success story Douglas Fisher The writer, associate partner with Andersen Consulting Singapore, has extensive experience in the planning, design and implementation of leading-edge
      984 words
    • Article, Illustration
      Wizards galore at your command
      1100 14  -  Microsoft's Access version 2 sets a new benchmark for ease of use in database software, Bernard Chew discovers, after putting it through its paces Bernard Chew IT HAS happened at some time or another to all MIS managers. Your boss wants a special "one-off' report
      1,100 words
    • Article, Illustration
      A success formula emerges from tiny Stac's legal victory
      701 14  -  WINDOWS OF OPPORTUNITY DAVID WELCHER The writer heads Computing Dynamics (USA), a Brooklyn-based management consulting and software development firm, and also writes on IT issues. He contributed this commentary to Business/T. ANEW and interesting chapter has been added this week to
      701 words
    • Article
      Lock icon Threat to Intel as IBM enters market for x86 chips
      508 14 Chip market holds promise of fat margins and the giant can participate actively in the components business Bloomberg Business News IN A new threat to Intel Corp's dominance of the microprocessor market. International Business Machines Corp said last week it
      Bloomberg Business News  -  508 words
    • Article
      Lock icon Dell Corp to resume cautious price cutting for growth
      430 14 Bloomberg Business News DELL Computer Corp, recovering from a severe case of growing pains and a botched notebook computer strategy, will resume cautious price cutting to build market share, the company's chairman said last week. Dell chairman Michael Dell said he
      Bloomberg Business News  -  430 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      245 11 Add A Best Seller To You r C.V. is booming students will be exposed to Asia Pacific Region and in order to retain or secure a top position disciplines: Politics, Sociology, in this developing area, you'll I Economics and Business Studies. need to keep a vital couple of I You'll
      245 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      152 13 Contrary to popular belief, not all torture devices were invented in the Ancient Times. If your computer has become a torture device, call ExecuTrain, the world's largest computer training company. Our instructorled computer training will ease your pain. HKIIII Over 225 courses on applies- Customization of courses to tion and
      152 words
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      Page 13 Advertisements Column 2
      253 13 JEWELLERS SINCE 1862 If H *JBk The Copacabana and Beret Collectioos W'," fijjf For those who oppreciate the finer things of life, i v > Tabbah presents two classically beautiful collections: The Copacabana Collection is elegance personified. 7, Timepieces of exquisite design and craftsmanship in JI; .Nv gleaming gold plate
      253 words
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      248 14 mM When the best choice for m. employer and employee Is to part on good terms. 311 or g an^sa^on cannot adapt, its future dies. W m If people are retained for reasons of loyalty rather than need, and are then underutilised, their skills die. jm i The responsible organisation
      248 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      What price environmental sins?
      979 15  -  Bernard and Julie Sharma Fleet discuss the impact of environmental protection on companies' bottom line Bernard and Julie Sharma Fleet Dr Bernard Fleet is a consultant to IDRC and director of technology at Eutech Cybernetics Pte Ltd. Julie Fleet is a freelance technical writer CONVENTIONAL policies
      979 words
    • Article, Illustration
      EXECUTIVE MOVES
      378 15 AT&T Asia-Pacific has announced the appointment of John Legere as president and managing director of AT&T Communications Services Group for the Asia-Pacific region. Mr Legere will be responsible for all aspects of AT&Ts communication services throughout 14 countries in the Asia-Pacific region, including Singapore. Prior to this appointment,
      378 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      205 15 Since 1974, POD consultants |¥A A I 111 Ap Whilst we attract, we have been filling up vacancies V/ VIV Vr Vf l\ V especially help our clients for our clients. We match A R A to retain the candidates your requirements with our IV I Vlr they select from
      205 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      63 15 hiLk.g.TiajHffßßWßi IRND uHeßcoMer<?TH imoRNiNG &(?ISTOW U>H ookGrßTh ED UP did THey rmd thpiT love the the',MD COOS COCOUR SCH&rne) p^^|'sp C^ ta UjoUuS? —ggjSfl W-reRiaLS.... s~£f>? iMi rg: sfttTl DOONESBURY GARRY TRUDEAU JURY se- F/NB, IFUIB If UJBLL, IMJARNBP f I KNOW. ITSJUST NAZIS! LBCTION CANGETPAST mm MIGHTHAPPBN. THAI IT'S
      63 words
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  • SPORTS
    • Article
      Lock icon People's favourites survive to fight another week
      661 16 Wimbledon Reuter WIMBLEDON People's fa- vourites Martina Navratilova and Andre Agassi can heave a < sigh of relief on surviving the I first week of Wimbledon which < was littered with the debris of I 15 fallen seeds. I Navratilova, at 37 seeking
      Reuter  -  661 words
    • Article
      Lock icon After the NBA's longest season, a bountiful draft
      363 16 NYT NEW YORK The National Basketball Association's longest season in history is not over just yet. On Wednesday, a maze of general managers and owners will engage in the league's annual ritual of renewal as the NBA holds its rookie draft in
      NYT  -  363 words
    • Article, Illustration
      Lock icon Ireland's coach, Italy's goalkeeper sent off
      738 16 World Cup Finals AP BELGIUM and Argentina are in. Ireland's coach and Italy's goalkeeper are out. The World Cup last Saturday swerved like a corner kick caught in the wind. There was great goalkecping from Belgium's Michel Prcud'homme, tantalising midficld play again from Argentina's
      AP; Reuter  -  738 words
    • Article, Illustration
      Lock icon French beat All Blacks 22-8 in rugby test
      399 16 AP CHRISTCHURCH, New Zealand France celebrated centre Philippe Sella's 100 th rugby union international yesterday with an upset 22-8 test match victory over New Zealand at Lancaster Park. France had won only one of its previous 14 test matches against the All
      AP; Reuter  -  399 words
    • SPORT SHORTS
      • Article
        Lock icon Asian Games
        123 16 AFP TOKYO North Korea will not take part in the Asian Games in Hiroshima in October, a top official of the country's Olympic Committee was reported as saying yesterday. "We'll never go to Hiroshima. We've decided not to take part in individual events as well as team events,"
        AFP  -  123 words
      • Article, Illustration
        Baseball
        75 16 NKW YORK Major league Saturday American: Cleveland 6 NY 11 (second game postponed due to rain); Toronto I Baltimore 4: Oakland 2 Detroit I: Milwaukee 8 Boston 10 (in 12): Minnesota I Kansas City 4; California 12 Texas 7; Seattle I Chicago 2. National: Chicago 3 Si Louis I;
        75 words
      • Article, Illustration
        Golf
        263 16 TOKYO 100-million-yen ($985,000) Mi/uno Open final round Sunday (Japanese unless stated): 280 Brian Watts (US) 68 68 73 71, Yoshinori Kaneko 67 75 70 68. Koichi Suzuki 66 70 74 70, Fduardo I lorrera (Col) 69 70 70 71 (Watts won on a sudden-death playoff) 281 Katsuyoshi fomori 69
        263 words
      • Article, Illustration
        Lock icon Olympics
        212 16 AFP AII.AN I A. Georgia A record 11 million tickets will be available for the 1996 Atlanta Olympics, ranging in price from US$6OO for top opening and closing ceremony scats to US$6 for preliminary baseball. Organisers announced prices tor Atlanta Games scats here on Saturday, saying only about 900.000
        AFP  -  212 words
      • Article, Illustration
        Lock icon Rugby
        201 16 AFP APIA, Western Samoa Wales' World Cup ambitions have been thrown into disarray after their nightmare 34-9 weekend defeat by Western Samoa. Welsh coach Alan Davics. busy rebuilding his side's credibility and confidence after a series of lean years, now faces a major new challenge to keep the revival
        AFP  -  201 words
    • Article, Illustration
      Lock icon Hjertstedt leading French Open, Olazabal trailing
      799 17 Golf AP ST-QUENTIN-EN-YVEL-INES, France Gabriel Hjertstedt is poised to restore Swedish golfing pride in Paris after shooting a third round 68 in the French Open at this western suburb last Saturday. The 22-year-old from Helsingborg, who was raised in Australia, is top of a
      AP  -  799 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      116 16 INTERNATIONAL. Sale of 14 U.K. and European Hotels and Casino Reserve prices from U552,100,000 to A sample of properties included in the sale are: HOUDAY INN GARDEN BEACH HOTEL Cambridge, United Kingdom |uan les Pins, Cote d'Azur, France 199 rooms. In the heart of Cambridge. 174 rooms. On the beach.
      116 words
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      Page 17 Advertisements Column 1
      706 17 BANQUE INTERNATIONALE BlUll A LUXEMBOURG BIL (ASIA) LTD Head Office: 69 route d'Esch, L-1470 Luxembourg Singapore Branch: 105 Cecil Street, #10-01/04 The Octagon, Singapore 0106 j Balance Sheet Profit and Loss Account As at December 31,1993 For the year ended December 31,1993 1993 1993 Assets million LUF million LUF Cash,
      706 words
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      Page 17 Advertisements Column 2
      1365 17 C.K. TANG LIMITED {Incorporated in the Republic of Singapore) ANNOUNCEMENT The directors announce the unaudited results of the Group and the Company (or the year ended 31 March 1994 as foHows GROUP COMPANY %W1993/94 1992/93 1993/94 1992/93 SSOOO SSOOO SSOOO SSOOO 1 Turnover 180.353 165.062 9 3 166.148 154.273 77
      1,365 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      657 18 Nothing Beats A Bud, or FRESrfI PASTA M>AI LY. W From Pasta Fresco. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Pacta Fratca Da So+votor* Pit LM t 30 800 l Ouay. SIOIO4I (Open
      657 words
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      Page 18 Advertisements Column 2
      413 18 WHERE TO WINE, DINE AND ENTERTAIN To q Ur or^f Ffsh Start Li j Our International Buffet at Cafe Plaza is a world of culinary delights. Starting with a bed of the freshest Rock Oysters. Followed by a sumptuous spread of everything from French and Italian, to Japanese, Thai and
      413 words
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      Page 18 Advertisements Column 3
      385 18 WHAT'S HAPPENING [J KM ON TUESDAY NIGHT JJL jr AT THE NEPTUNE. 1 Every Tuesday night. The Neptune is reserved for all who love ballroom dancing Spet.id! iit dinner menu available at $25+ per person I|)<dsfcss U- r Mantou t» *>• MrayrI S>ngapcn 1 7th floor Overeat Union IHoutr Coilyer
      385 words
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  • THE ARTS
    • Article, Illustration
      Lock icon A festival comes out of hiding
      885 19  -  Edward Rothstein surveys the new opera house at Glyndebourne Edward Rothstein NYT THERE is nothing subtle about the outside of the new opera house that has risen from the Sussex Downs at Glyndebourne. It is impossible to miss the industrial lead-covered tower into which
      NYT  -  885 words
    • Article
      Lock icon Discord ruins takeoff of 'popular' Paris Opera
      804 19  -  John Follain on the fortunes of the new Bastille Opera house John Follain Reuter DEEP in the bowels of the futuristic Bastille Opera, a bullring begins its ascent towards the stage, powered by the latest in high-technology. Stopping and starting, the scaled-down Spanish
      Reuter  -  804 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      62 19 1 y I EKMSmiB I Pasta B ravel announces a new I I A La Carte Menu H S Executive Set Lunch at $18 I Opening hours: B 12 2.30pm (Lunch) and I g 6.30pm 10.30pm (Dinner). S 8 I""**' a I B M ITALIAN RESTAURANT U Q II Craig
      62 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      1397 19 TV RADIO In the Cold of the Night M* 11pm, SBC 5 J<£ /gt A photographer has a recurring M Hp 1 dream in which he strangles a IB ®r||» woman. When he gets the i dtmf dream even while he's awake. he decides to get help in case he
      1,397 words
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  • Article
    Lock icon Foreign investment in China falls sharply
    497 20 Strong competition from other Asian countries for limited investment dollars Reuter BEIJING China yesterday reported a continuing sharp fall in foreign investment and said it had to work harder to attract limited investment dollars against strong competition from other countries in Asia. The China
    Reuter  -  497 words
  • Article, Illustration
    Lock icon Seoul gears up for first-ever summit with Pyongyang
    236 20 AFP SEOUL Mock talks here yesterday underlined the mood of guarded hope and cynicism ahead of tomorrow's high-level meeting in Panmunjom to prepare for the first-ever summit between the two bitterly divided Koreas. The meticulously planned pre-summit rehearsal saw the South's three
    AFP; Reuter  -  236 words
  • Article
    Lock icon Li Peng to use Europe trip to win back control of foreign policy
    410 20 AFP BEIJING Prime Minister Li Peng will be looking to reinforce China's economic miracle and win back control of the country's foreign policy when he goes to Europe this week. Mr Li starts the two-week tour when
    AFP  -  410 words
  • Article
    Lock icon Trade talks will push ahead, Hata reassures Clinton
    133 20 Reuter TOKYO Prime Minister Tsutomu Hata. who quit on Saturday, has assured US President Bill Ginton that Japan would push ahead with trade talks. Kyodo news agency said that in a 10-minute telephone conversation yesterday, Mr Hata briefed Mr Clinton about his
    Reuter  -  133 words
  • Article, Illustration
    A positive development in Indon-Aussie ties
    921 20  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a BT correspondent THE common Asian view of Australia as a languid nation slow to seize opportunities despite its recent economic travails is slowly but surely giving way to another a country
    921 words
  • Article
    Lock icon US consumer electronics sector likely to grow 6.2 pc
    215 20 Bloomberg Business News CHICAGO The US consumer electronics industry should grow about 6.2 per cent in factory sales to about US$6O billion (5591.5 billion) in 1995, the Electronics Industry Association said yesterday. Some segments of the industry, which includes products ranging
    Bloomberg Business News  -  215 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      169 20 psosimmon EQUIPITIEnT Sole Distributor for Asean: GO LFI4ASTER PTE LTD Park Mall #01-10 Tel: *****44 Fax: *****19 ji J fe J i i 0^ 0 S^B \^J^J-wjb OPPORTUNITY }/\t H |i ir> mm JHaaaaaaaHL. Take advantage of France's position on No extra maintenance costs plus free the world's top tourist
      169 words
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      Page 20 Advertisements Column 2
      100 20 Business l imes, Monday June 27 1994 tour pttyw A »9Ulpme«il ptrfomwici IMmt. ifl jt ilVftMi A Two-Day Workshop Seminar into the understanding and use of TECHNICAL ANALYSIS COURSE LEADER: PETB) PONIIIQS In Trading, Advising and Forecasting Currency, Security, Stock and Commodity Markets Construction of Charts and Mathematical Trading Models
      100 words
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  • COMPANIES & MARKETS
    • Article
      Medium-sized companies lead listings this year
      654 21  -  By Ven Sreenivasan SINGAPORE This is the year of the mid-sized companies. At least that's the way it seems since the bulk of the 13 listings this year are by medi-um-sized companies. Despite market volatility, bankers say that almost 20 more IPOs are on
      654 words
    • Article
      York Pacific expected to launch IPO this week
      345 21 SINGAPORE Asia's leading trailer axle and component maker, York Pacific, is expected to launch its Sesdaq initial public offering early this week. Analysts expect the shares to be priced between 50 cents and 70 cents. No placement tranche is expected. York was
      345 words
    • Article
      Daimler-Benz has hard road ahead wooing wary investors
      748 21  -  HO« By Juliette Walker SINGAPORE DaimlerBenz, the parent of luxury carmaker Mercedes-Benz, is Germany's leading industrial group but investors here have given the blue chip the cold shoulder since its secondary listing on the mainboard. And judging from the low trading volume
      748 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon HK firm gets licence to sell Bugs Bunny
          79 22 Bloomberg Business News HONGKONG Starlite Holdings Ltd said Time Warner Inc has authorised the Hongkong printer to sell produets in Asia with images of Bugs Bunny and other Warner cartoon characters. Warner Brothers, a unit of Time Warner, awarded Starlite a licence
          Bloomberg Business News  -  79 words
        • Article
          Lock icon HK firm buys rights to Garfield logo
          94 22 Bloomberg Business News HONGKONG Chaifa Holdings Ltd. a textile manufacturer that sells products under the Playboy brand name, will begin to market goods with the logo of popular US cartoon character Garfield. The company said it signed a three-year licensing agreement with US-based
          Bloomberg Business News  -  94 words
        • Article
          Dairy Farm takes over Giant chain
          84 22 HONGKONG Franklins, Dairy Farm's subsidiary and Australia's third largest grocery group said on Friday it had bought the five stores of the Giant Supermarkets chain for AS 12 million (5513.4 million). The Eastern Express quoted Ken Macdonald, the managing director of Franklins, as saying
          84 words
        • Article
          Lock icon Glaxo lost £75m on bonds: analysts
          103 22 Bloomberg Business News LONDON Glaxo Holdings pic, the giant pharmaceutical company, lost an estimated £75 million (SSI 77 million) to 100 million on bond investments when interest rates rose, according to analysts, the Sunday Times of London reported. With £2 billion in cash at
          Bloomberg Business News  -  103 words
        • Article
          Lock icon LVMH head may sell stake in Guinness
          75 22 Bloomberg Business News LONDON Bernard Arnault, chairman of Moet Hennessy Louis Vuitton, hinted he may sell his 24 per cent stake in Guinness if he needs to finance a large acquisition. The limes reported. The head of the world's largest luxury goods conglomerate
          Bloomberg Business News  -  75 words
      • Article
        Lock icon San Miguel grabs 40pc share of south China beer market
        401 22 AFP MANILA San Miguel Corp (SMC), the Philippines' largest manufacturing firm, has gained a foothold in southern China's lucrative beer market, grabbing a 40 per cent share despite tough competition. Pryce Securities Inc said San Miguel was expanding its two
        AFP  -  401 words
      • Article
        Lock icon PAL to start talks on benefits package today
        207 22 AFP MANILA Philippine Airlines (PAL) management yesterday said it would begin negotiations with the Labour Department and the ground crew union for the 1.024 billion peso (SS6I million) package it was extending following an illegal strike earlier this month. The talks, to
        AFP  -  207 words
      • Article
        UNIT TRUSTS & FUNDS
        539 22 UNIT TRUSTS FUNDS Manager*' price* Jun 25 27 UMB Invest Mgt Ltd Singapore Unit Trust \m ,'o" The (ommcrcc 1.63 l.73*d United Gr Fund' I 65 1.72 The Savings Fund 154 1 63 United Asia Eund 163 1.73S'pore Prog Fund 0.70 0.74 s pore see Fund 102 i .08 U0B
        539 words
      • Article
        Bull market brings out worst in KL investors
        365 22  -  From Ho Kay Tat in KUALA LUMPUR EVEN the most sober investors will throw caution to the wind when they sniff a chance to make a quick buck and indulge in speculative share trading during a bull market, a survey on the
        365 words
      • Article
        Lock icon Thai firm plans US$ 577m hotel in Hanoi
        281 22 AP HANOI Thailand's SAS Trading Ltd has formed a joint venture to build a USSS7 million (SSB7 million) hotel and business complex in downtown Hanoi, the latest project in Vietnam's hotel boom. The Vietnam News Agency said during the weekend that the
        AP  -  281 words
      • Article
        Lock icon Punters scent fast buck, keep KL poll rumour on the boil
        699 22 Reuter KUALA LUMPUR Malaysia's rumour-driven stock market has been in a lather about national elections even though they are not due for more than a year and the outcome is hardly in doubt. Prime Minister Mahathir Mohamad's National Kront
        Reuter  -  699 words
      • Article, Illustration
        Lock icon A case for recycling in Cambodia
        44 22 Reuter PHNOM PfcNH Cambodian workers sorting through recycled soft drink bottles which are to be reused at the Coca-Cola factory in Phnom Penh. Since the factory opened last year, production has risen from 7,000 to 60,000 cases. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Ayala Land gets nod to float US$ l72.5m notes
        142 22 AFP MANILA Philippine monetary officials have given Ayala Land Inc. the tlagship company of the Ayala Corp. its approval to lloat USS 172.5 million (***** million) in US dollar-denominated convertible notes, according to Central Bank documents obtained here yesterday. Obtaining the
        AFP  -  142 words
      • Article
        Lock icon New CEO has exciting plans for K Guthrie: analysts
        518 22 MBT KUALA LUMPUR Investors can look forward to more exciting things at Kumpulan Guthrie Bhd with the working out of a strategic plan to diversify and revitalise earnings growth in the plantation group. It is just a glimpse of what is
        MBT  -  518 words
      • Article
        Lock icon Taipei family to take control of AHT
        360 22 NST KUALA LUMPUR Control of Ayer Hitam Tin Dredging Malaysia Bhd will pass to the Lin family under a "reverse takeover" announced to the Kuala Lumpur Stock Exchange. When the deal is completed, the Lin family of Taiwan Lin Wen-Chih, Lin Wen Chuan
        NST  -  360 words
      • Article
        Lock icon Frank well chairman vows to fight order freezing assets
        356 23 Eastern Express HONGKONG Wilson Lai, the chairman of Frankwell Holdings, has vowed to fight a court order obtained by the US Commodity Futures Trading Commission (CFTC) to freeze the assets of a subsidiary and four US affiliates. He accused the CFTC
        Eastern Express  -  356 words
      • Article, Illustration
        Lock icon Australia's Burns Philp buys German yeast firm
        421 23 AFP SYDNEY Diversified Australian industrial group Hums Philp announced recently it had entered the German yeast market with the purchase of leading yeast company Deutsche Hefewerke. The purchase, for about AS 117 million (SSI3I million), lifted Burns Philp's global share of the yeast
        AFP; Reuter  -  421 words
      • Article
        Lock icon NZ in trading hot seat when world markets open today
        256 23 AFP AUCKLAND By an accident of geography and time zones New Zealand's tiny financial market will, for a few hours this morning, be the centre of world attention as dealers watch for signs of impending crisis. In the wake of
        AFP  -  256 words
      • Article
        Lock icon Ready for a quick slice of Peking Duck?
        217 23 Bloomberg Business News BELIING Restaurateurs are preening China's culinary show-piece, the Peking Duck, to challenge the Big Mac in the world's fast-food arena. Like the hamburger, the duck has a sauce and is eaten with the hands. Now it is also served
        Bloomberg Business News  -  217 words
      • Article
        Lock icon India's national bourse to open this week
        450 23 Reuter BOMBAY India's most modern and ambitious bourse, the fully computerised National Stock Exchange (NSE), is to begin operations at the end of the month, providing nationwide trading for the first time. India has 22 stock markets but their operations are confined to
        Reuter  -  450 words
      • Article
        Lock icon GE pins hopes on Wall St rookie to boost Kidder
        573 24 Bloomberg Business News NEW YORK Kidder Peabody Co's next chairman can manage finances and people, yet he cannot engage in rudimentary Wall Street tasks such as trading stocks or bonds. He is not licensed. That shortcoming of boss-to-be Denis Nayden
        Bloomberg Business News  -  573 words
      • Article
        Lock icon Low crude prices set to hurt first-half profit, warns Elf
        336 24 NYT PARIS Elf Aquitaine, the French oil group privatised earlier this year, last Friday warned that first-half recurring pperating profits would fall by about 20 per cent, compared with the same period in 1993, and that net profits would fall
        NYT  -  336 words
      • Article
        Lock icon Kuwait's first mutual fund gets nod for listing
        268 24 Keuter Kl W \ll I he Kuwait Sti>ck I xcluinue approved last Saturday an application to list a mutual fund that provides foreigners with their first chance to invest in the market, an exchange official said. "The exchange's < management) committee gave
        Keuter  -  268 words
      • Article, Illustration
        Lock icon Serving up a new Microsoft product
        33 24 Reuter SEATTLE Microsoft chairman Bill (iates untciling his company's new Kxchanye Scner. an electronic mail and messaging product, at a company c»ent here last l ucsday. Reuler
        Reuter  -  33 words
      • Article
        Lock icon Oracle expects to post strong profits next year
        306 24 Reuter SAN IRANC ISC O After posting a 33 per cent sales gain in fiscal 1994. Oracle Systems Corp is looking for even better profit and revenue gains in its neu year, according to chief financial officer Jeffrey Henley. "We're optimistic we
        Reuter  -  306 words
      • Article
        Lock icon Grand Met names new president of its Pearle Vision unit
        227 24 Bloomberg Business News L()NIX>N Clrand Metroi politun pic has named Crown lkx)k> C'orp's C ilen Mem merle president of its Dallas-based unit, I'earle Vision, which is one of the world's biggest eyewear companies with 950 outlets in North America and
        Bloomberg Business News  -  227 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Schroders sacks staff for fund irregularities
        193 25 Eastern Express HONGKONG Schroders Asia, the merchant bank with stockbroking and fund management operations, revealed on Friday night it had dismissed three of its unit trust and sales divisions staff because of evidence of irregularities. Manager Richard Haw said in a statement the irregularities
        Eastern Express  -  193 words
      • Article
        Lock icon Bank of Tokyo localising Malaysian operations
        298 25 AFP KUALA LUMPUR Japan's Bank of Tokyo is localising its Malaysian operations from July 1, ahead of a September government deadline for foreign banks in Malaysia to do so. The bank said it obtained the vesting order from the local High Court last week
        AFP  -  298 words
      • Article, Illustration
        Lock icon People's Congress to debate China's first banking bill
        368 25 IHT BEIJING China's first banking legislation will go before the National People's Congress this week after 15 years of repeated revisions, said a spokesman for the Congress. The draft law defines the powers of the People's Bank of China, the central bank,
        IHT  -  368 words
      • SMALL CHANGE
        • Article
          Bank Negara in M$ 800m bill issue
          107 25 KUALA LUMPUR Bank Negara has announced it will issue MSBOO million (SS47I million) in Bank Negara bills this week, its lirst bill issue since last December, the Malaysian Business Times reported. The issue, which represents the central bank's latest effort to mop up
          107 words
        • Article
          Lock icon Taiwan to allow foreign passport accounts
          95 25 AFP TAIPEI Taiwan will allow foreign nationals and institutions to open local currency passport accounts as part of financial liberalisation, a Central Bank of China statement said yesterday. But a foreign national must seek prior approval from the central bank for amounts exceeding US$lOO,OOO
          AFP  -  95 words
        • Article
          Lock icon UK pension fund to limit rolling contracts
          74 25 Bloomberg Business News LONDON PosTel, Britain's largest pension fund, said that in future votes it would oppose top directors' rolling contracts lasting more than two years, The Times reported. The £25 billion (5558.2 billion) Post Office and British Telecom staff pension fund took
          Bloomberg Business News  -  74 words
      • Article
        Lock icon Investors see rich pickings in commodity-linked notes and derivatives
        231 25 Reuter LONDON Investors are turning to commodity-linked I notes and derivatives for the gains they cannot find in this < year's plummeting bond mar- kets. i Global bond markets have < nosedived since early Febru- 1 ary, when the US Federal
        Reuter  -  231 words
      • Article
        Lock icon Banks in 1992 Indian stock scandal face penalties soon
        425 25 Reuter BOMBAY The Reserve Bank of India (RBI) will soon take action to penalise banks involved in a 1992 securities scandal, although collecting detailed information on fraudulent transactions has taken time, the RBI governor said. RBI sources said the central bank
        Reuter  -  425 words
      • Article
        Lock icon Opec predicts oil prices will rise US$2 by end of year
        405 26 UPI Reuter LONDON Opec expects the price of oil to rise by US$2 a barrel before the end of this year as a result of a surge in demand caused by its members' compliance with present production quotas, says
        UPI; Reuter  -  405 words
      • Article
        Lock icon Tokyo panel calls for major overhaul of insurance market
        185 26 IHT TOKYO An advisory panel set up by the Ministry of Finance has unveiled a report recommending a major overhaul of the nation's insurance system amid concerns raised by the United States about access to that market. Meanwhile, the Japanese government
        IHT  -  185 words
      • Article
        Lock icon Bad weather, policies take toll of Kenya maize
        171 26 Reuter NGONG, Kenya Poor weather and inconsistent agricultural policies cut Kenya's maize output in the last three years and increased dependency on imports, the country's leading cereals academic said. Samuel Mwale of Kenya's Egerton University said while inputs prices were liberalised at
        Reuter  -  171 words
      • Article
        Lock icon China cotton crunch drives up prices, idles thousands of mills
        361 26 Reuter BEIJING China's cotton shortage has pushed down production of cotton cloth and driven up black market prices and there will be little relief from this year's harvest, officials and traders said yesterday. Official figures show output of cotton cloth
        Reuter  -  361 words
      • Article
        Lock icon Italian govt launches share sale of giant insurer today
        284 26 Bloomberg Business News MILAN The Italian government set a price of 2,400 lire (S$2J) a share for the 51 per cent stake in insurance company Istituto Nazionale delle Assicurazioni SpA (INA) that goes on sale from today. At that price, the
        Bloomberg Business News  -  284 words
      • Article, Illustration
        Lock icon Banque Indosuez WEEKLY REGIONAL CURRENCY REPORT
        195 26 THE US dollar tumbled against most of the major currencies in a week of volatile trade which saw the yen and the Dcutchmark rise to record levels. Regional currencies edged up against the US dollar before consolidating in tight ranges ahead of the weekend.
        Charts by Dow Jones Telerate  -  195 words
      • Article, Illustration
        Untitled
        2016 26 'Rales are the average of 9 \elevted banks I raile netflitnl imle\ tukitkilnl a*umsl S'pure't lap 14 irathnx pamurr\ Ba* year /MS BANKS S ABN Amro Bank NV 6V» ANZ Banking Group 6 Allied Irish Bank PLC 6Vj American Express Bank 6Vi Arab Banking Corp 6V» Arab Bank PLC 6Vj
        2,016 words
    • COMMODITIES & FUTURES
      • Article, Illustration
        Lock icon US$ dips to post-war low against yen
        683 27  -  SIMEX WEEKLY ROUNDUP B> Meryl Phang MMS International SINGAPORE Last week saw volatile moves in the dollar which fell to new year lows against the mark, yen and Swiss franc. The dollar broke through 100 yen to a new post-War low of 99.87
        Source: Simex  -  683 words
      • Article, Illustration
        Lock icon Gold and other precious metals gain from weak dollar
        793 27 COMMODITY WEEKLY ROUNDUP AFP LONDON Gold and other precious metals benefited last week from the weakness of the dollar, which reached a low point on Tuesday, dealers said on Friday. On the London Metals Market (LME), aluminum took the spotlight away
        AFP; Source: Bloomberg  -  793 words
    • Article
      COMMODITY PRICES
      1302 27 Rubber Singapore Commodity Exchange (futures dosing as at S.30pa) IBS 1 C—tract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest ***** 500 875 Aug 169.75 167.25 170.00 300 3100 Sep 164.50 1 64.50 165.00 200 2200 Oct/Dcc 161.25 160.25 161.25 2400 9525 Jan/Mar 95 161.25
      1,302 words
    • Article
      BT SHARE INFORMATION SERVICE
      4390 28 CORPORATE RESULTS Net Kara tPS Date TY LY TY LY Com pan) ana <S«n) (So) (m) (eta) ABR HkJgs May 30 F 1.407 2.851 3.2 7.0 Acma Jun 1} F 41 518 14 268 62.5 23.1 Alex Hides Jun 24 P 12.421 1.479 21.1 2.65 Alliance
      4,390 words
    • Article, Illustration
      Lock icon CHARTING SERVICE
      753 28 Relative Strength Index: The RSI measures the rate at which prices move. In theory, it ranges between zero and 100. In practice however, it fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100 100/ [(up
      CHARTS BY BRIDGE  -  753 words
    • MARKET REVIEWS
      • Article, Illustration
        Lock icon Dollar dashes hopes of crisis-free summer
        778 29 FT New York THE dollar returned to plague the stock market again last week, less than two months after Wall Street traders thought they had put the US currency's troubles behind them. It was in early May that the dollar last took centrestage, when
        FT; Reuter  -  778 words
      • Article
        Lock icon Shares slump on yen's rise after two euphoric weeks
        375 29 AFP Tofcyo SHARE prices slumped on the Tokyo Stock Exchange during the week after a fortnight of euphoria as the yen rose to historic highs against the dollar on foreign exchange markets. The 225-issue Nikkei Stock Average ended the week at
        AFP  -  375 words
      • Article
        Lock icon Inflation fears drive Footsie down 4.84 pc
        365 29 AFP Reuter London UPSETS on the bond and foreign exchange markets last week and fears of returning inflation in Britain drove the London stock market down sharply last week, to a level last seen July last year. The Footsie index shed a hefty
        AFP; Reuter  -  365 words
      • Article
        Lock icon Uncertainties send stocks sagging
        250 29 AFP Hongkong LOCAL and global uncertainties conspired to push down stock prices in Hongkong last week, with the Hang Seng Index shedding 232.96 points, or 2.56 per cent, on the week to end at 8,881.00. Turnover was thin, averaging HKS2.6 billion (SSSI3 million), compared with HKS4.O3
        AFP  -  250 words
      • ASIAN MARKETS ROUNDUP
        • Article
          Sydney
          144 29 Australian shares closed the week lower on Friday after a week of interest rate jitters that sent bond prices sharply lower, analysts said, the key All Ordinaries Index closed at 2,017.9 points, 33.3 points or 1.6 per cent below the previous week's finish. "The equity market's tone has continued
          144 words
        • Article
          Manila
          112 29 Philippine share prices declined 3.25 per cent last week as funds remained tied up for two major public offerings next month and on fears of another hike in short-term US interest rates, analysts said. The Philippine Stock Exchange Composite Index closed at 2,789 on Friday, down 93.69 points, from
          112 words
        • Article
          Bangkok
          103 29 The Stock Exchange of Thailand (SET) index plummeted 77.99 points on the week, a loss of 5.70 per cent, to close Friday at 1,292.54 points. The average close was 1,318.36 points, compared with the previous week's average of 1,370.49 points. The average trading volume of 76.9 million shares was
          103 words
        • Article
          Jakarta
          84 29 Prices were stagnant at the Jakarta Stock Exchange (JSE) last week and price corrections weighed down the market index despite good financial reports of several listed companies, a broker said. The JSE Index which finished at 476.546 the previous week continued to decline, closing on Friday at 468.872. Daily
          84 words
        • Article
          Taipei
          85 29 Share prices on the Taiwan Stock Exchange staged a pull-back last week, dampened by an institutional sell-off and a downswing on foreign bourses, brokers said. Wiping out a 2.75 per cent gain the preceding week, the 374-issue Weighted Price Index lost 220.12 points, or 3.57 per cent, to settle
          85 words
        • Article
          Bombay
          99 29 Share prices slided last week on the Bombay Stock Exchange (BSE), India's largest bourse, after three weeks of uptrend fuelled by excellent corporate results. The 30-share BSE Sensitive Index lost 69.58 points and closed on Friday at 4,213.01 points. The 100share National Index fell by 15.96 points and finished
          99 words
    • WORLD STOCK MARKETS
      • Article
        New York
        764 29 •62.15 Blue-chip stocks posted their biggest one-day loss in almost three months on Friday as a failed attempt by central banks to prop up the dollar fuelled worries that the Federal Reserve may hike interest rates to help the currency. The Dow Jones Industrial Average was off a
        764 words
      • Article
        Toronto
        297 29 -74.68 Stocks closed steeply lower as investors rattled by Wall Street woes and soaring rates sold the market across the board, traders said. "There was indiscriminate selling," said Burns Fry equity investment analyst Ben Joyce. "I didn't see much that escaped it," he added. Mr Joyce said that although
        297 words
      • Article
        Untitled
        2220 29 London Jim 24 Pence Industrials A. A. Corp Adr 49 370 -880 Vbbes National...... 392 -10 Allied Lsons 555 6/8 -112/8 Amec 105 -3 Ai»« 233 -2 Asda Group 53 -I 4/8 BAT Ind 370 12 Bit C 3S4 -I BOC Group 700 unch BR Petroleum 399 -5 4/8 BTR
        2,220 words
    • Article
      CLOB INTERNATIONAL
      2420 30 C ASH JOc 41 1*5 000 Mulpha Intl 50c 36 657 000 Mm Hyd 50c JVMiOOO Promct 27.461.000 Kcnong Bhd 50c 20.7M.000 Lint Hoc TSR47 17.373.000 kjmurxing 50c 14.802.000 Fiber Group 13.037.000 Muki-Purpasc 10-580.000 kemavan 50c 9 *****0 Landinaits Bhd 8 955 000 B Ka>a TSK97 1773.000 AMDS
      2,420 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Bearish sentiment overseas leads to profit-taking
        5850 30 Bernama KUALA LUMPUR Last week saw bearish overseas sentiment, due to heavy selling pressure on Wall Street, prompting shortterm local players to take quick profits. William Chan of Seagroatt Campbell Sdn Bhd said compounding the situation further was forced selling by stockbroking houses. Nonetheless,
        Bernama; Source: Bridge Info  -  5,850 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7539 31 MAIN BOARD Transaction date: Week ended June 24~ Gr Of 1994 Last Vol Week Last Quote Dit Di» YM Met M Cm High Low Com pan) Sale ('000) High Low Bu>rr Seller Or P/fc Smll INDUSTRIAL AND COMMERCIAL 1440 835 lis Anna 1000 +45 1772 1040 925 1000 1020 17.5
        7,539 words
      • Article, Illustration
        Lock icon Rout of US$ seen depressing local bourse
        1899 32  -  By R Sivanithy SINGAPORE The alarming collapse of the US dollar which has led to an equally worrying slide in US equities and bonds is expected to further depress share prices here this week. Last Friday, the Dow Jones Industrials Average plunged 62.15
        Source: JM Sassoon; Charts by Bridge Info  -  1,899 words
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      70 21 K7s^ m 7:'.. i.5 Y 1 :'K v ".:.t u ..V g** >* p*§ ■> *->" f jr-t." .< v 2? *-<$<■ I The result of a recent independent survey, by Hewitt Associates, showed that more CEOs chose Volvo over Mercedes. BMW or any other car. If you d like
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      250 24 —MARINA* -1 NOW YOU CflH MANAGE YOUR INVESTMENT I" *****/8 PARKWAY r I PORTFOLIO ANYWHERE. ANYTIME. I BEDOK TEL£ phone 569e;08 hi Yi.naitin^ V>l I ""fii' wßo^tof* I 9 g£A W""' toapayoh *****35 V v Wf^ comcentre <9 <• teiepmohe h atvha *****8 If y 0U re involved in the
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      1022 25 CITIBANK**' Citibank, N A (Incorporated with Limited Liability in the U S.A CONSOLIDATED BALANCE SHEET cmcoftP and sub sidiaries CONSOLIDATED STATEMENT OF OPERATIONS cmcoßP and subsidiaries December 31 Decer nber 31 IN MILLIONS OF U.S. DOLLARS 1993 1992 IN MILLIONS Of U.S. DOLLARS EXCEPT PER SHARE AMOUNTS 1993 1992 Assets
      1,022 words
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      198 25 Ar Wing Jtang Lou to be precise. Which is at Clarke Quay of oourse. Wing Jiang Lou oflm the frahest and widest choice of local seafood dishes at the most reasonabfe prices. This is in addition to the fine range ofTeochew and Cantonese dishes that we are already famous fct
      198 words
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      124 26 NEW BUSINESS OPPORTUNITIES IN MEXICO: I*l NAFTA AND BEYOND |QJ2| CONFERENCE AT SHANGRI-LA HOTEL, ISLAND BALLROOM A 30 JUNE 1994 (MfcOO -12.-00 HOURS Keynote Speaker DR PEDRO NOYOLA Dy Minister of Foreign TVade Investment of Mexico Organised by: Trade Development Board, Export Institute of Singapore, Singapore Manufacturers Association, Embassy of
      124 words
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      374 27 [4D Ho Chi Minh Summer Special International Hotel A s TIS j I OMNI Saigon Hotel A' 918 I Saigon Floating Hotel A s 989 I Arv Hanoi Horltago 1 i tin I T'U Businessman Package p- sJL Metmrn Ahrfmrt BrtakfasU at ttitclti boUh Hio 6 Stamping/*** I Apt/Mi/Apt 3
      374 words
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      31 27 jKqnnranms^H JUST CALL: 737-1166 Make the connectioo through T.ie Straits Times Classified when you're looking for bargains or looking (or customers. Just give us rat a acalL 737-11 M f J
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      93 30 v 2H^E9^B|||^H^^^||Eh I*. jyJH■ P (14* Teletext) MB2 795/9 Pff> TOPfMcam Stereo) ST 706SS/8 text (Nium Stereo| E72 911 TOP (Mean Stereo) P 37-050 (Designed by FA Porsdie) AVAILABLE AT ALL LEADING*ELECTRICAL DEALERS UG*Jf^~~~ m Sole Agent 1 "'r ASIA RADIO SINGAPORE PTE. LTD. irntffftlfflTmrmfirnr ffrnff #lm Showroom: 298 Beach
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      1 30 jCO^mJCTIO^
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      132 31 Yes, get instant cash at low, low spot for your shares for 1, 2 Period Interest rates with our Express Share Loan, Bato* or 3 months from as low as exclusively from Hong Leong 1 month 1% a |j us al 220 9433/ Finance and Singapore Finance. 2 months 1
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      42 32 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. ClasaFßNEflS ■flMatiywiiiftiiHiriiVßifli cm An SP H AudioTli S•rv I c L——
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      331 32 Binnmsnios TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MAESTRO DEPARTMENTAL COMPANY (PTE) LTD NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary Goneral Meeting ot the Members of the Company duly convened and held at 51 Anson Road *13
      331 words
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      540 32 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF ROSSMIN PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of me Companies Act. Cap 50 that the Final Meeting of Members of the Company will be
      540 words
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      688 32 IN THE MATTES OF THE COMPANIES ACT. CAP. 54 AND IN THE MATTER OF THERMOTRON ENGINEERING (FAR EAST) PTE LTD (la Member*' Voluntary WMk««p) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Chapter SO. that the FINAL MEETING of the Mem ben of the
      688 words
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  • Shipping Times
    • Article, Illustration
      Singapore bunker sales up 6pc in first quarter
      279 33  -  By Rahita Elias SINGAPORE Ships calling at the port of Singapore bought more than 4.4 million tonnes of marine fuel, or bunkers, in the first quarter of this year. Figures from the Port of Singapore Authority show bunker sales rose 6 per
      279 words
    • Article
      Lock icon OOCLto spend US$ 6m on Shanghai box terminal
      160 33 Bloomberg Business News HONGKONG Hongkong shipping group Orient Overseas Container Line (OOCL) said it will invest US$5.7 million (SsB.7 million) on an inland container terminal near the Port of Shanghai. In a statement OOCL said it has signed a joint venture agreement
      Bloomberg Business News  -  160 words
    • Article
      Lock icon German firm in contract for world's largest ore carrier
      158 33 Bloomberg Business News LONDON A German steel company has signed a new 15year contract for the Berge Stahl. the world's largest ore carrier, the ship's owners said. Jan Pettersen, director of chartering for Norwegian-based Bergesen, the ship's owner, said last Friday
      Bloomberg Business News  -  158 words
    • Article
      Lock icon US detention of Cypriot ships unfair, say govt officials
      476 33 UPI LONDON Cyprus officials last week called unfair the US Coast Guard's frequent detention of ships registered in the Mediterranean island country and urged American authorities to review their policies. "It's unfair to target all our ships because some vessels have
      UPI  -  476 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1101 33 Page Col ABC Containerize 16 4 Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 1/2 APL 5 3-5 Appcnship 8 4/5 Arabian Express 15 5 ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait
      1,101 words
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      Lock icon European ports see red over EU decision to cut fees for SBT tankers
      353 33 Seatrade Week Newsfront LONDON European ports are furious at what they see as legislative interference by the European Union in commercial pricing decisions by the ports. The European Council of Transport Ministers on June 13 endorsed a
      Seatrade Week Newsfront  -  353 words
    • Article, Illustration
      Lock icon Wall Street's reputation for deep pockets under scrutiny
      522 34  -  Two major New York issues, including one by an NOL unit, were recently postponed. Does the city have the investor potential or appetite for shipping stocks? Geoff Garfield looks for answers Geoff Garfield Trade Winds NEW YORK'S reputation as a rich source
      Trade Winds  -  522 words
    • Article
      THE SHIPPING GUIDE
      15062 42 rhis is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      15,062 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        643 50 Until Voy No Berth Arrival Departure Vessel Voy Wo Berth Arrival J)eparture ]«r002 Port Sfc Pride lit TO3 alongside 2/06 0200 116/1/ alongside 2/06/1500 Asian Star 158 P06 2/ 06,2359 29 06 0/00 CMb It H 16 01 94 1/ alongside 2/ 06,1500 Batam Speed A/394' TO1A
        643 words
      • Article
        CONTAINER SCHEDULES
        1946 50 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Receiving of export fcl containers and lcl cargo 4 Record Bookin(/Balance Rsits Ship Voy No Etb/Btr Period From To From fci LJat 0328 28/1100 1* 28/1500 28/1659 26 1900 18 26/1500 26/1659 26/1900 2* 26/1/00 2/ 0659 2//0900 3 2/
        1,946 words
      • Article
        Daily Freights
        845 50 FjRMER conditions for panamaxcs were the main feature of the dry cargo market, with Japanese charterers paying an improved U5521.50 for 54!000 tonnes of heavy grain from the US Gulf to Japan, brokers said. The heavy grain shipment to Japan was set for end July basis a combination
        845 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        BMW opens office in Beijing, plans China assembly plant
        307 52  -  By Ramesh Divyanathan SINGAPORE German car maker BMW has opened an office in Beijing, which will be used to support its importers in building a service organisation in China. The performance car maker has also said it is interested in having
        307 words
      • Article, Illustration
        FedEx adopts pet name as new corporate identity
        334 52  -  By Alec Almazan SINGAPORE Federal Express, which is widely known as "FedEx", has adopted this more popular name as its new corporate identity. From this week, the Mem-phis-based air express giant has changed its logo to incorporate the FedEx name, which it
        334 words
      • LOG BOOK
        • Article
          Lock icon Air Canada to extend no smoking ban
          124 52 Bloomberg Business News MONTREAL Air Canada said last Thursday it will extend its network-wide smoking ban to its new Asian routes. The Montre-al-based carrier has had a no-smoking policy on all domestic, trans-border and international flights since October 1990. The smoke-free issue was
          Bloomberg Business News  -  124 words
        • Article
          Lock icon Investor buys Air Jamaica stake
          90 52 Reuter KINGSTON Jamaican investor Gordon Stewart said he agreed to purchase a 30 per cent stake in newly privatised Air Jamaica for undisclosed terms. Mr Stewart said he will join a consortium of investors including National Commercial Bank, Mutual Life Insurance Co and the Moo-Young
          Reuter  -  90 words
        • Article
          Lock icon Airbus rebuts Russian criticism
          129 52 Reuter PARIS Airbus Industrie rebutted reported Russian criticism of the safety standards of its A-310 plane published last week in a specialist aviation magazine. Flight International reported a Russian transport official involved in the inquiry of the March crash of an A-310 in Siberia as saying
          Reuter  -  129 words
        • Article
          Lock icon Deutsche BA cuts air fare
          100 52 Reuter MUNICH Deutsche British Airways, the German unit of British Airways pic, said it would offer cut-price tickets on domestic German flights for one week beginning last Saturday. A spokeswoman for Deutsche BA said the move was in direct res. onse to German national airline
          Reuter  -  100 words
      • Article
        Lock icon BA pressuring Boeing for lower prices, say analysts
        273 52 Bloomberg Business News PARIS British Airways pic is pressuring Boeing Co to come up with lower prices as the carrier replaces its all-Boe-ing fleet of aircraft, analysts said. The British airline sent a signal to Boeing by confirming last Friday that its
        Bloomberg Business News  -  273 words
      • Article
        Lock icon Strong growth in air cargo no help for ailing airlines: experts
        417 52 Reuter GENEVA Strong growth in world air cargo business over the past few months may not help struggling airlines climb back into profitability after four years of losses, industry analysts said last Thursday. They said the surge in freight
        Reuter  -  417 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1773 52 Ctti milt ETA FBOrt ETB_ Abu DhaM Gf 146 1120 GA892 0100 SQ441 1505 Gf 147 1850 Adelaide SQ228 2120 Amman RJ188 1325 Amsterdam SQ323 0830 GA892 0100 KL837 1450 SQ324 2230 KL838 2300 Auckland SQ288 2040 SQ285 2045 SQ288 2040 B Sari Begawan 8(421 1105
        1,773 words
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      30 33 JSEi OCEAN SERVICES Weekly Sailing to Please Call: *****20 Wall Street's reputation for deep pockets under scrutiny, Pg 2 BMW opens office in Beijing, plans China assembly plant, Back Pg
      30 words
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      Page 33 Advertisements Column 2
      26 33 Lines and service! represented by Members of the Registry of Accredited UKQaJ Shipping Agents, Singapore National Shipping Association. for advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 33 Advertisements Column 3
      33 33 THE FAMOUS KEama ma 1833 For more information please refer to Pg. 13 ftilg 7 Jlitlll^£s r £kvLOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. Singapore r¥l Business Times
      33 words
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      2118 34 import,,.. I NORTH AMERICA! 1 OTHER DESTINATIONS 1 1 NORTH AMERICA PttECT CALL TO WEST COAST (SCX) T 9 fAST COAST tOUTX AMERICA SERVICE SINGAPORE CAUFOPtfRA EXPRESS (DUCT HIOM WEST COAT) 1 VESSEL VOT STOK I* o*ll VCR SEA DM. HOUSTON CMC HV MEXICO CITY VESSEL STORE BUENOS ABES MONTEVPEO
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      2385 35 rr "0 4 IMIVOJ muiiuuj OUIIV iww ?E°L CL 32 3 i73^iI D 2 2 f3 A 9 R 4 0 2 ,NE SH PP,N A ENC EB ?AX 8 0?:*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) TEL. *****4 FAX. *****1 C FS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 WIIJ
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      Page 35 Advertisements Column 2
      1751 35 m"«M Mdmu m THIS WEEK S ARRIVAL: VESSELS VOY NRT EXCHANGE ETA ETA ETA RATE JOH LPK PEN EDINBURGH MAERSK 9408 ***** 28/6 30/6 01/7 KOWLOON BAY 5367 ***** 1.5380 28/6 30/6 01/7 SEALAND DEVELOPER 205W ***** 1.5375 28/6 30/6 01/7 MARIE MAERSK 9405 ***** 1.5410 06/7 30/6 01/7 ANDERS
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      1515 36 1™" "H AQABA R OAM/ li ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H'BURG A WERP HAVFIE 9 yyggy MALAYSIA LA SEINE 36/ 125 29/6 16/7 19/7 17/7 Port Kelang. Penang HOECHSf EXPRESS 15/325 2/7 11/7 '8/7 20/7 23/7 25/7 27/7 Pasir Gudang DANUBE 14
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      654 36 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundl, Islamqala (Doqharun) C.1.5./RUSSIA: Votlochny, Vladivostok, Moscow. Baku. Tashkent, Irkutsk, Alma Ata, Ashgabad. Dushanbe. Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Europa V.2204 28/6 26/7 Ned Hongkong V.2214 05/7
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      Page 36 Advertisements Column 3
      1392 36 I NORASIA IVSL/VOY^^^^^^^^Sl?^^A^^^BC^^VA^^HA^^BR^^RO^^AN^^FE^^LHA| NORASIA PRINCESS 9425 3 01/07 21/07 22/07 23/07 24/07 25/07 26/07 27/07 26/07 21/07 I NORASIA SUN 9426 3 06/07 2S/07 29/07 30/07 01/08 02/08 03/08 04/0« 05/01 05/ M I NORASIA PEARL 9427 3 13/07 05/08 06 08 07/08 08 08 09/08 10/08 11/ OS 12/01
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      1763 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 fax: *****17 new guinea pacific line EtailliaaHhMlUliiHlllAllUiAilßiflyiMftUß (A SERVICE OF CHINA NAVIGATION CO) CMGO 0« SAHS agar STRAITS VENTURE WI7E Mini. Lab 27-21 hn 21 lun 2$ Jun FC L. LCL CONTAINER ANO BREAKBULK
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      Page 37 Advertisements Column 2
      2692 37 SINGAPORE AGENT: I Aflfo i P&O Containers (Singapore Agencies) Pte Ltd V' JL 4. m.% 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Tele* RS ***** PNOCSP Fax: 225 5327/222 7517 W&** Wy-****"' CR Number: **********0Z EXPORT IMPORT VESSEL VO* PMO *PKO SIN SOU ANT
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      36 37 0 ORIENTAL LINES 1 INDIAN OCEAN SERVICE CONTAINER/BREAKBULK ETA ETA ETA ETA ETA SINGAPORE COLOMBO MALE MAME MOMBASA MV FIRST CARRIER VOl/94 04/7 11/7 13/7 18/7 21/7 Agents: Inchcape Shipping Services Bookings: *****54/*****98 Fax No: *****88
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      615 38 Awfk EKA jaya agencies >3K§r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE [~HQ CHI mm CITY PAPER 1 HANPPHONC/PffICCT HMfflT MM 11KK4 727M2t/»MIW KtLvw CHAM mutt fflMrrvmffi" MAWOJ awotaa Isas37a I TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE CENTER-POINT M 7 LINES Visa DOT tl» SWW W1 HA HCMC ißMna
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      Page 38 Advertisements Column 2
      829 38 DIRECT CALL TO FIXED SAILING EVERY MONDAY 8C FRIDAY Please contact the following persons for enquiries bookings Chiu Hai Beng DID *****27 Pgr *****49 Frederick Phua DID *****29 Pgr *****48 Nevine Chuah DID *****33 Rosilah DID *****37 LINKS EXPRESS 62 Toh Guan Road, FREIGHT LINKS EXPRESS DISTRIPARK, Complex I, Ground
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      1399 38 Im SCP IK *C *16 K II n Kl SKI 110 Ul H NYC UM M KM nr HE f» CM PU I i sinue ktu 2i/t u/t mi mi tn n/7 i2n iin imi isn imi nn mi u/» im mi mi »/i »/i s/9 is/» i»/» n/9 I
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      2577 39 This week's arrival/departure (27/06 01/07):- HI ■R-- I VESSEL VOYAGE EXCHANGE RATE (USS) HI H I OUT OUT tK I HAKONE MARU ISW 15W I ''Wpil m CALIFORNIA SATURN 65W 66E 1 5345 1 5300 MM OCEANUS OSAKA 1 5280 1 5300 I I m NEPTUNE ZIRCON 33W 33W 1
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      Page 39 Advertisements Column 2
      1280 39 a MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y 4 -—BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MAR,NE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1438 40 44 ff AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (Cft NO: **********0M/GST KG NO: M 2 *****99-6) TEL: *****77 TELEX KAWAKI R*****5 FAX: *****16/7/8/9 T T MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHO M J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SARANA
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      Page 40 Advertisements Column 2
      1188 40 @APPENSHIP (3\ HAMBURG VTv' CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/ LOADING FOR ECUADOR HAM 22/05 SPORE 26/06 BASMA ANTW 28/05 SPORE 26/06 KOALA CONTAINER LINE STORE FLX HAM RTM LEH CS TAHITI 4601 24/06 20/07 21/07 22/07 24/07 CS
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      979 41 fPACIFIC INTERNATIONAL LINES (PTE) LTD i I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO **********06 VESSEL VOY sin BKK SIN I VESSEL VOY SIN JKT Un SRISAMUT (THAI FLAG) SRSOO9 29/6 2/7 6/7 KOTA EAQLE (UTC2) EQLOO7 29/6 2/7 5/7 EQUATOR EMERALD 57N 30/6 3/7
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      Page 41 Advertisements Column 2
      992 41 YtSStIS TOY SM 11 HAW HAMBUOC I WOKS OOTTUtOAM ANT MRP Will 01 lUCMM UO4W 30/00 23/07 20/07 27/07 29/07 Wilt 01 IWIO LO4W 05/07 27/07 20/07 30/07 31/07 02/01 WUE DC CAR MA CM* 12/07 03/00 05/01 00/00 07/00 09/00 VKLE 01 SAGIIIA SO4W 10/00 12/00 13/00 14/00 16/00
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      Page 41 Advertisements Column 3
      848 41 BSfl n. MYANMA IBBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gd| HP* AN V2O3W 30/2 M PA THE IN VI79W In PI AVA 128W Sid In Pt 30/2 M Std MtRGUt VI24W 6/7 hit SAGAMG ¥35* 10/12 lul 13/15 M 16/20 Id MALAYSIA
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      57 43 1/C VISA FREIGHT SERVICES PTE LTD Established Since 1984 ">■ 1,1 OCEANIA PORTS REGULAR GROUP AGE lcl consolidation AUCKLAND SYDNEY import at export MELBOURNE FREMANTLE SERVICES V FOR BOOKING SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA /ONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE
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      2213 44 lIIUII mill mi nl H BUENOS AIRES DAYS I y —27 04*5 I -mmvs I COSTAR SHIPPING PTE LTD M (General): *****00 Sales/Booking: Agency Dept: Operation Container *****1S «swLwiw*i7.oa Fax (GonenO: *****66 Container. *****41/844 Container Src B/L *****02 Conventional: *****46 DBS BUg Tower 2 x Conventional: *****50 D/ 0:*****85 Equipment:
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      Page 44 Advertisements Column 2
      963 44 /in CROATIA LINE A I Ifeea < EX JUGOLINIJA) 1 VtSStL SWBt PK PNG LOAMNG FOB RAB 2 UK 4 JUL Alexandria Beirut. Istanbul. Trieste. Roper. Lattahia. limassol Mersin P Satd Riieka. Venice GROBNK 10 AA 13 JW do General Agents: EAST MOUNT AGENCY (PTE) LTD Snfapore Kuala Lumpur Port
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      744 45 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 03/7 ROTTERDAM 29/6 AARHUS/COPENHAGEN 03/7 HAMBURG/BREMEN 29/6 MARSEILLE/FRANCE 29/6 FELIXSTOWE/UK 29/6 BARCELONA/SPAIN 04/7 LEHAVRE/FRANCE 29/6 GENOA/ITALY 04/7 ANTWERP/BELGIUM 04/7 LOS ANGELES/WC/IPI 03/7 SYDNEY/MELBOURNE 30/6 NEW YORK/EC 03/7 FREMANTLE/ADELAIOE 30/6 VANCOUVER 01/7 BRISBANE 04/7
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      1104 45 J 1 1 PBHHM|SI3«I33P*^^™M Vgjg !»>* ]B VESSEL VOY SIN PEN B fj WANA BHUM 234S Tua 2§/8 Sal 2/7_ PgJA BHUM 4603 ~Mon lln Pt Wad 29/*' ■I VESSEL VOY SIN WK ISRA BHUM 578 Fri 1/7 Tua 5/7 BHUM 142N/S Tim 28/6 TN 30/8 Bl XETHA BHUM 54M
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      277 45 W TEL: *****33 (12 Line*) K FAX: *****15/*****03 IFH TELEX: RS ***** RISHIP (3 Lines) )S=J CR NO.: **********0E ETHIOPIAN SHIPPING LINES j (National Lino of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnml Voy CTA Loading Por Spof« Abbay Wonz 40WB 12/00 DiratHium. Mombasa. Djibouti Aiaab. Massawa Natsanet 35W8 15/09 Oaressaiaam.
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      Page 45 Advertisements Column 4
      541 45 Guarant—d Sailing* to:BANGKOK/LAEM CHABANG/LAOS 29/6 (WED), 2/7 (SAT) PORT KEIANG PfNANG 27/6 (MON). 1/7 (FM) HONG KONG 2S/6 (TUE), 1/7 (FM) JAKARTA 2>/6 (TUE). 2/7 (SAT) MAMLA/CEBU 2S/6 (TUE) HO CHI MM 1/7 (FM) SURABAYA 3/7 (SUN) .1 BUSAM 3/7 (SUN) V D DONGNAMA LINE| COKTAJMIWitP SiRVICt BTWAITS/>tW/IMC/BSH KSSI S£P
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      1604 46 W BISQKOK S»2) 7 *****67 MANILA (632) *****61 f- P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE I It' PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN f; 27/6 28/6 29/6 HKG/BKK/KEE/KHH Genoa/Barcelona 2/7 3/7 4/7 29/6 30/6 1/7 HKG/BKK/KEE/KHH G'buri/C'hafen/S'holm/Oslo 3/7 4/7 5/7 1/7 2/7
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      176 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD tl« CIA El* SNH Nil HUANG PINAAG am IA» VI 301 Loading toi Mile ftUVIU HIJDHU IS// Loading tor Dubai oanw SAiLto Loading Tot Malt nOKl* SUPttMI In Poil Loading fof Malt UMULDH MS Loading for Male PKOGMSS LKRTT 20 7 Loading
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      Page 46 Advertisements Column 3
      1163 46 [J3 THONG SOON UNES PTE LTD V I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V 7 \y TEL: 227-5088 FAX: 227-6011 I I y. TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK VESSEL VOY S PORE PEST VESSEL VoT IS PORE PEST EQUATOR ROYAL
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      591 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING BREAKBU.A SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. MOA. TOKYO*. IMNLA*. DAY AO* Penanf* P. KeUnt Swjapae E'Msu* IVYEVERETT V9E 27/28 Jun 29/30 Jun KAMALEVERETT V2IE 04/05 M SHAPIAEVERETT V2IE IS/19 Jul 20/21 Jul ACCEPTING BREAKBUU FCI SOC CARGOES TO/FROM CUTTAGONG. CALCUTTA AND
      591 words
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      Page 47 Advertisements Column 2
      246 47 K GLORY NAVHUTMMU CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 24/6 1/7 7/7 16/7 GLORY SELATAN V 6/7 13/8 19/8 28/8 SP PKL HCM HK KAO GLORY SELATAN VI 17/7 21/7
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      Page 47 Advertisements Column 3
      634 47 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vessel sm MAKRAN 149-HW 11/07 21/07 HYPERABAD 131 HW lt/07 2t/07 SAR6OOHA 145-HW 02/00 10/00 ISLAMABAD 124-HW 10/00 10/00 FAR EAST CONTAINER SERVICE ONLY vessel voy law ImG bsn osT" hag to* SWGOOHA 144 ON 04/07 00/07 12/07 14/07 K/07
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      673 47 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS HUIHE/106 11/07 25/07 26/07 28/07 15, OS Yl ME/ 100 26/07 09/ OS 10/08 12/ OS 30/08 SHUNHE/105 I l/OS 25/08 26/ OS 28/08 15/ OS TAO HE/87 28/ OS 09/09 10/09 12/09 30/09
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      274 47 SIN FAR EAST 05/07 KEELUNG/KAOHSIUNG 03/07 BANGKOK 03/07 MANILA/CEBU 03/07 JAKARTA/BELAWAN/SURABAYA 03/07 PORT KELANG/PENANG/E. MALAYSIA 03/07 BUSAN 03/07 TOKYO/YOKO/KOBE/NGO/OSA 03/07 HONG KONG SIN CHHIA 03/07 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 29/06 LDN/FLX/LVP/SOU 29/06 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 03/07 LOS ANGELES/NEW
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      733 48 PHI LI-ORIENT LINGS PT€ LTD <4"% VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H^ A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 1 JUL SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 4 JUL AUCKLAND,
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      592 48 y Contemn W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 6 JULY (Accepting to all N«w Zealand porta) PENANG 01 JULY JAKARTA 03 JULY PORT KLAN6 30 JUNE MANILA 03 JULY BANGKOK 03 JULY MELBOURNE 03 JULY SYDNEY 03 JULY BRISBANE 07 JULY FREMANTLE 30 JUNE 02 JULY I 'ACCEPTING TO
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      422 48 This Week's Sailings Singapore II FIRST FORWARDER IN lo: ETD lb: K I D ASIA awarded Singapore Singapore ,s() 9002 i.RQ.x EVERY EVERY Bangkok SUN Jakarta SL'N EVERY EVERY Manila SUN Ho Chi Minh FRI ("fDISI i i 1 tyf f, EVERY EVERY Colombo TUE Limassol 'I'HUR INTERNATIONAL SEA FREIGHT
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      1518 49 Reamara^ I CONTAINERISED "HUB" SERVICE f*; I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I EASTBOUNO BAM POfITI VIA BUCHOS AIMS VIA iAWTOS wMILS VOV I'NM USHUAIA BUS SNT M'VWCO ASUNCION MO PARANA (KJA ALEXANDER SCHULTE IE Sailed 27/07 31/07 04/08 01/08 03/08 07/08 08/08 TBN IE 25/07 28/08 01/09 05/09 03/09
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      Page 49 Advertisements Column 2
      451 49 CEYLON SHIPPING CORPH National Line of Sri Lanka DIRECT CONTAINERISED SERVICE TO IK AND NORTH CONTINENTAL PORTS mm. [wT|»[n|ia|n»|iH>| l«wT Witt Dt TITMIA TO4W 23,06 13 07 IS 07 lt/»7 17/07 l»/t7 W.UM TUCMI* UMW not 12,07 2907 22,17 23 07 24 07 2f,t7 WOI»SU> *1 MAWSOOMH W24 3 22
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      493 49 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.41 VESSEL PETROOVORETS] PRIOZERSM DEKABRIST N. KRUPSKAVA PRtMORSM PAVLOGRAO PORTS EBII EBI2 EBI3 EBI4 EBIS EBI6 BUENOS AIRES' Sailed Sailed Sailed 27-29/06 06-Q6/07 20-26/07 MONTEVIDEO Sailed Salted Salted 30/06-01/07 10-11/07 26/07 RtO ORAN DO SU Sailed Sailed Sailed 16 16/07 31/07-01/06 DURBAN Sailed 29/06 20/07
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      455 50 VESSEL VOYAGE SINGAPORE MANILA PERVOMAYSK *****N 01/07 (FRI) 06/07 (WED) VIGOUR PACfIC *****N 05/07 (TUE) 09/07 (SAT) *Mn n^AY LANKA MAHAPOLA *****N 08/07 (FRI) 13/Q7 (WED) PERVOMAYSK *****N 12/07 (TUE) 16/07 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE vessel I VOYAGE swcahme GCttlOl SAHTOS 0«V«0 CEBU NIKOLAY MOROZOV *****E 01/07 (FRI)
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  • Page 50 Miscellaneous
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      328 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0600 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 ISOO 1900 2000 2100 2200 2300 3.0 32 3.1 2.S 2.2 1.1 1.0 06 0.4 0.3 0.5 1 0 1.7 22 24 2.5 2.3 1J 1.4
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      832 51 Ik HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 I WW* PKE* PGP* VESSELS VOY SIN RTM ANT° LEH* HAM BREt FEL 22/06 24/06 25/06 H. FRONTIER 311W 27/06 15/07 17/07 18/07 17/07 17/07 19/07 29/06 01/07 02/07 SI FREEDOM 311W 04/07 23/07 25/07 26/07 25/07 25/07
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      464 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS ttssu voy sj> p* kuc kk mu* «r ASIAN STM 1S« 27/6 ft i (BIN 1/7) ASIAN QKEN 4 H i 7/7 SEW KOCHI 29/ C 1-4/7 2/7 TANJUNG EMAS 32 3/7 1/7 (PNG 7/7) 12/7 SHI NAGOTA 12 9/1 H/7
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      999 51 JEDDAH/UK/CONTINENT SPORE <0 S TON HDWG R DAM lEH Aha Cnjo fm IA SUM 3® 125 29, l(/7 19/7 21/7 Southanplox to MUK tftitwtion Btilnl wO DuMn HOICHST EXPRESS 15/325 2/7 U/7 20/7 23/7 25/7 27/7 Rotterdam :to *1 Antwerp. Amsterdam. 04*. Hehati DANUBt 14 124 t/7 23/7 2C/7 21/7
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      4 52 Monday in Business Times
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      361 52 Monday in Business Times I MM I Allied Ventures Technologies Pte Ltd 20 Tuas Avenue 4 Singapore 2263 TENDER NOTICE Motor Vessels/Research Ships/Geotechnical Vessel For Sale Tenders are invited for the following Vessels 1/"KOSHI 101" 75.6 m Purpose built Geotechnical Drilling Vessel. 2/ "KOSHI III" 40.0 m Purpose built Research
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