The Business Times, 14 July 1994

Microfilm: NL19567
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times WL KNOW ASIA M ITA(P) 010/12/93 Thursday July 14 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Theft case adjourned
      55 1 Reuter LONDON A former Swiss Bank Corporation trader charged with theft who appeared in court yesterday was granted conditional bail and the case adjourned for three months to allow police to investigate further. But Gregoi7 Andrew Stranger remained in prison as he was unable to provide security
      Reuter  -  55 words
    • Article
      Lock icon Canada to cede control off 124 airports
      37 1 Bloomberg Business News OTTAWA Canada will turn over control of 124 airports to local authorities in a bid to cut Csloo million in subsidies, said Transport Minister Doug Young yesterday.
      Bloomberg Business News  -  37 words
  • Article
    MARKET SUMMARY
    166 1 Stock market indices Wednesday Change STII 2,183.93 +24.58 KLSEComp 989.57 +3.95 Nikkei 20,540.41 +139.93 Hang Seng 8,828.91 +237.46 SET Index 1,302.21 +22.15 Jakarta Comp 453.21 +3.49 CLSA China B 996.90 3.09 Aust All Ord 1,978.6 +5.7 FTSE 100 3,005.3 +41.4 Wednesday Previous 2pm close Dow Jones 3,709.14 3,702.66
    166 words
  • Article
    Sluggish Jakarta bourse fails to deter flood of IPOs
    696 1  -  By William Chia SINGAPORE The disappointing performance of the Jakarta Stock Exchange (JSE) this year the Composite Index has fallen from a high of 612 points to 452.20 points has failed to staunch the flood of initial public offers. Thirty-eight IPOs
    696 words
  • Article
    Lock icon Dollar surges past 98 yen on talk of higher US rates
    325 1 Knight-Ridder, AFP, Bloomberg Business News NEW YORK The US dollar surged to 98.28 yen yesterday on talk that the US Federal Reserve would raise short-term interest rates by 100 basis points in the near term. "There are rumours the
    Knight-Ridder,; AFP,; Bloomberg Business News  -  325 words
  • Article
    Lock icon June consumer prices up a modest 0.3pc
    195 1 Reuter, Bloomberg Business News WASHINGTON US consumer prices rose a moderate 0.3 per cent in June, the government said yesterday, in the second straight batch of inflation figures that should calm fears that the economy was in danger of overheating. The report, coming
    Reuter,; Bloomberg Business News  -  195 words
  • Article
    Lock icon Dow Jones up 6 points
    78 1 Reuter NEW YORK Wall Street stocks were higher yesterday, buoyed by a rally in high-tech-nology issues and some stability in the L'S dollar, although blue chips gave up some of their gains. In the broad market, advances led declines 11-7, with a moderate 153 million
    Reuter  -  78 words
  • Article, Illustration
    Three key figures in dissident Yeo camp asked to quit
    370 1  -  Sale of YHS warrants fuels talk of takeover By Genevieve Cua SINGAPORE Three key figures in the dissident camp of the Veo family have been asked to quit their jobs with soft-drink maker Yeo Hiap Seng. They are Charles Veo.
    370 words
  • Article
    Rethink on Asia ties a must: European Commission
    477 1  -  From Shada Islam THE European Union must rethink its trade, economic and political links with Asia as part of a concerted new drive to take part in the region's "economic miracle", the European Commission urged yesterday. In an unusually long policy report
    477 words
  • Article
    Consultant sees Raffles Place rents rising 25pc within a year
    397 1  -  By Abdul Hadhi SINGAPORE Monthly gross rents of prime office space in Rattles Place may rise by as much as 25 per cent to between S8 psf and S9 psf over the next 12 months as the short-term supply situation
    397 words
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      156 1 CO-2233: Removable CO Tuner with OSP Sound Processor/CD Changer Controller FUjfrSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; 235 1333 Kuala Lumpur: Phone; 757 0233 Penang: Phone 615 985/619 014 Jakarta: Phone, *****9/*****8 CONTENTS News Companies Spore News 2 SporeM'sia .15.16.18 Regional News 3.4.5 Financial 19.20 World News 6
      156 words
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      37 1 Innovation: Pg in BMW goes green i Wmfß Tajuddin Ramli pulls off biggest personal loan deal in Malaysia of MS 1.79 billion Page 16 US broadcaster CBS aborts plan to acquire home-shopping channel operator QVC Page 18
      37 words
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      18 1 Hock Lock Siew: Pg 15 Will Heshe's move pay offi( tandon leads rally in European bonds, Pg 14
      18 words
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      5 1 Who's issuing what. Pg 16
      5 words
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      187 1 The Bottom Line: Pg 14 sThere's more to the dollar crisis EXCEPTIONAL VALUE FOR MODERN CLASSICS. IT'S MUCH MORE AFFORDABLE THAN YOU THINK. WE SALUTE THE 20TH CENTURY MASTERS. All items fully imported from Italy. We guarantee our quality specifications equal or exceed that of similar furniture sold at several
      187 words
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      Page 1 Advertisements Column 6
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon More power to manufacturing
        253 2  -  By Teh Hooi Ling A ELECTRICITY consumption by the manufacturing sector in the first quarter increased by 12.6 per cent to 1.986 billion kilowatt hours (kwh) compared to the same period last year, latest figures from the Public Utilities Board show. The usage is, however, lower
        Source: EDD, PUB  -  253 words
    • Article
      Apartment prices to stay stable: consultant
      285 2 THE price of new apartments will remain stable for the rest of the year, says property consultant Knight Frank Cheong Hock Chye and Baillieu. The firm's associate director, Sunny Lee, told a Real Estate Developer's Association of Singapore's seminar yesterday that despite increased supply,
      285 words
    • Article
      Coming up: changes in Employment Act
      627 2  -  By Chuang Peck Ming CHANGES in the Employment Act will be made in the next few months to bring it up-to-date and to deal with thorny labour issues that have surfaced with company restructuring, part-time hiring and disputes over certain terms and conditions of
      627 words
    • Article, Illustration
      URA launches sale of 7 residential sites and 56 conservation shophouses
      487 2  -  Reports by Lilian Ang THE Urban Redevelopment Authority yesterday launched the sale of seven residential sites, three of them for landed property. The sites on the West Coast, in Saraca Road. Holland Road, Jalan Sempadan. Jalan Hajijah, Geylang and
      487 words
    • Article
      Location, size of sites seen as strong drawcards
      175 2 DESPITE the apparent lull in the residential market, analysts say the latest government land sale should draw strong interest from small developers and the usual big players. One observer said prices were unlikely to breach previous records, but the location of the
      175 words
    • Article, Illustration
      China Metallurgical to expand business here
      362 2  -  By Schutz Lee CHINA Metallurgical Import and Export Corporation, which last year had a trade volume of US$3O million (SS4S million) with Singapore. will expand its business as well as raise funds here through its new subsidiary. He Lin. president of CM I EC,
      362 words
    • Article
      A world first as Giro Farecard launched
      238 2 PUBLIC transport users here will be the first in the world to use the cashless convenience of a stored-value card which is automatically topped up by debiting the user's bank account with POSBank. The Minister of State for Trade and Industry, and Communications.
      238 words
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      352 2 01 only specialise in selling properties quickly. I have a track record of transactions even the big boys will be proud of. My success story couldn't be better told 126 properties in 12 months, all sold! It does not cost you anything to see me, just a cup of coffee,
      352 words
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  • SOUTH-EAST ASIA
    • Article
      Thailand calls for a S-E Asian foreign ministers' forum
      390 3  -  From Loh Hui Yin in BANGKOK THAILAND has proposed that the 10 foreign ministers of the South-east Asian countries be invited to create a forum to discuss regional developments. The idea for the forum, dubbed SEA-10. will be raised at next
      390 words
    • Article
      Lock icon US hotel chain signs Ho Chi Minh City deal
      278 3 AFP HANOI Conrad Hotels has signed a preliminary agreement to develop a five-star hotel in Ho Chi Minh City in the first such deal by a US hotel chain since the lifting of the US trade embargo, company officials said. Conrad,
      AFP  -  278 words
    • Article, Illustration
      Lock icon Disaster atop a high-rise
      45 3 AFP MANILA A mechanic walking past a civilian helicopter which crashed into the top of a high-rise building here after its landing gear became entangled with the helipad railing. No deaths were reported but a number of people were injured. AFP
      AFP  -  45 words
    • Article
      Lock icon Friend of Suharto seeks to buy banned Tempo
      189 3 Reuter JAKARTA Owners of Indonesia's oldest magazine. Tempo. banned with two others last month for its political coverage. are being pressured to sell out to one of the country's best-connected businessmen, media sources said yesterday. The move follows weeks of sporadic but
      Reuter  -  189 words
    • Article
      Thai govt panel backs opening of mobile phone market
      529 3  -  From Alan Boyd A GOVERNMENT committee has backed plans to open up Thailand's restrictive mobile telephone market, with a third private operator likely to be licensed next year. The move, which complies with a General Agreement on Tariffs and Trade (Gatt)
      529 words
    • NOTE BOOK
      • Article
        Lock icon M'sia to ask Chakrapong to leave
        89 3 AFP KUALA LUMPUR Prince Norodom Chakrapong. who tied to Malaysia after allegedly leading a coup attempt in Cambodia, will be asked to leave Kuala Lumpur for a third country-. Malaysian Deputy Prime Minister Anwar Ibrahim said yesterday. "Prince Chakrapong will leave the country at
        AFP  -  89 words
      • Article
        Lock icon Relocate to Indonesia: Rafidah
        62 3 Bernama KUALA LUMPUR Malaysian entrepreneurs should take advantage of Indonesia's new liberal treatment policy to relocate their labour-intensive industries to the country. International Trade and Industry Minister Rafidah Aziz said here yesterday that Malaysian investors should look at Indonesia, in addition to China and Vietnam, to
        Bernama  -  62 words
      • Article
        Lock icon Manila needs to triple power capacity
        79 3 AFP MANILA The Philippines needs to triple its power generating capacity in 10 years' time to meet the demands of an expanding economy and population. National Power Corp president Francisco Viray said yesterday. He told a meeting of the National Academy of Science and
        AFP  -  79 words
      • Article
        Lock icon Factory manager jailed for murder
        72 3 Reuter JAKAR TA An Indonesian court has jailed a ninth person for the torture-murder of woman labour activist Marsinah. court officials said yesterday. Yudi Astono. 35. former manager of the watch-making factory where Marsinah worked, was sentenced to four years in jail, a court spokesman
        Reuter  -  72 words
      • Article
        Lock icon Indonesia awards four oil contracts
        102 3 AFP JAKAR I A Indonesia has awarded four oil and gas exploration and production contracts worth more than US$l55 million (***** million), an official said yesterday. Haryanto. spokesman for state-oil firm Pertamina. said Petrocorp Lxploration Indonesia Ltd. a subsidiary of a New Zealand oil corporation,
        AFP  -  102 words
    • Article
      Lock icon Satellite earth station to advance Labuan's global links
      192 3 Bernama LABUAN The construction of a M 531.5 million (5518.3 million) standard-A satellite earth station here will provide the tax-haven island with world-class telecommunication systems and services. Telekom Malaysia Berhad executive chairman Mohd Rasdan Baba said the satellite, which is scheduled for
      Bernama  -  192 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      176 3 history, by pioneers. From beginnings, has future happen in a close technology In Auguste Agassiz charted the destiny of Longines provided instruments ana j timepieces to those who 1/ /> opened new frontiers, includ i ing Lindbergh, Byrd and Amundsen. And Longines' constant search for elegance v and beauty has
      176 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China's consumer spending to stagnate as inflation, credit squeeze take hold
      407 4 Analysts fear cycle of economic stagnation, debt build-up among state enterprises Eastern Express HONGKONG Consumer spending in China is expected to stagnate this year as a result of the government's credit squeeze and stubbornly high level of inflation. The
      Eastern Express  -  407 words
    • Article
      Lock icon Beijing lashes out at Taipei but also offers to hold talks
      326 4 Reuter BLUING China, which views Taiwan as a renegade province, yesterday criticised it for seeking to break out of its diplomatic isolation hut offered to hold bilateral talks later this month. "The Taiwan authorities' attempt to participate in the
      Reuter  -  326 words
    • Article
      Lock icon HK property curbs may raise prices, says Vigers director
      397 4 Reuter HONGKONG Recent government measures to curb Hongkong's escalating property values could actually result in higher prices, said Bruce Walker, an executive director at property consultants Vigers Hongkong Ltd. Speculators, faced with weak stock market sentiment, low interest rates and high
      Reuter  -  397 words
    • Article, Illustration
      Lock icon HK cholera outbreak a blow to seafood industry
      86 4 Reuter HONGKONG A fishmonger at a local market sitting idly as she waited for customers yesterday. A cholera outbreak is keeping residents awa> from seafood, although the source has been traced to polluted waters used to keep live fish in restaurant holding
      Reuter  -  86 words
    • CHINA WATCH
      • Article
        Lock icon Extra aid pours into flooded areas
        117 4 Bloomberg Business News BEIJING China will offer additional emergency loans, food and fertiliser to local governments in south China in an effort to curb inflation caused by recent flooding, the official People's Daily reported. During a tour of Qinghai. Guangxi and Guangdong provinces that
        Bloomberg Business News  -  117 words
      • Article
        Lock icon Shanghai to offer more B shares
        78 4 Bloomberg Business News TOKYO The Shanghai Stock Exchange will increase the number of shares that foreign investors are allowed to trade as part of its effort to internationalise the Chinese economy, said Liu 80. visiting vice-chairman of the exchange. "Shanghai is at the centre
        Bloomberg Business News  -  78 words
      • Article
        Lock icon New financial laws by year's end
        72 4 Reuter SHANGHAI China will enact comprehensive laws and regulations to govern the country's financial system, probably by the end of this year, the Shanghai Securities News quoted a reliable source as saying. The People's Bank of China Law and China Banking Law would define
        Reuter  -  72 words
      • Article
        Lock icon Honours for top entrepreneurs
        82 4 Reuter HONGKONG China, following a well-established Western pattern, is for the first time to choose the country's top 10 private entrepreneurs of the year. The winners will be chosen from private companies operating on the mainland, but can have investment from Hongkong. Macau. Taiwan, or overseas
        Reuter  -  82 words
      • Article
        Lock icon Clean-up to cost 200b yuan
        99 4 AFP BEIJING China has earmarked more than 200 billion yuan (Ss34 billion) for a massive campaign to clean up its polluted environment by 2000. the China Daily reported. National Environmental Protection Agency administrator Xie Zhenhua said 28 billion yuan would be spent on environmental protection
        AFP  -  99 words
      • Article
        Lock icon Taiwan pours US$14b into China, HK
        90 4 Reuter TAIPEI Taiwan capital inflows to China and Hongkong reached U5514.12 billion (5521.5 billion) from October 1990 to March 1994, the official Central News Agency quoted central bank figures as showing. The figures were compiled by the central bank's foreign exehange department and were
        Reuter  -  90 words
    • Article
      Lock icon UK agrees to cap borrowing for HK airport, says newspaper
      205 4 Knight-Ridder HONGKONG Britain has agreed to eap the borrowing for Hongkong's airport, removing a major hurdle in its negotiations with China. The English-language Eastern Express newspaper yesterday quoted sourees close to the negotiations as saying the UK had agreed that
      Knight-Ridder  -  205 words
    • Article
      Lock icon China steps up state security with laws to counter dissent, espionage
      301 4 Reuter BEIJING China has stepped up state security with the adoption of new laws to counter internal dissent and what it calls ceaseless espionage by foreign governments. Premier Li Peng announced the regulations, passed in May by the Cabinet,
      Reuter  -  301 words
    • Article
      Lock icon Japanese yakuza syndicates infiltrating China: study
      441 4 Groups said to be operating with Taiwan triads Eastern Express HONGKONG Japan's notorious yakuza crime syndicates have launched into China. according to a new study. Dozens of the groups have established bases on the lower reaches of the Yangtze River in the past four
      Eastern Express  -  441 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      160 4 7EWELS of ASIA SINGAPORE 1 4 2E tl Jl'94 -ft jjq l', 620 c a rat "sefadu" For the first time being showcased in Asia. ATtpjL ESTIMATED VALUE OF US$4O MILLION WORTH OF JKw]§LLERY will be displayed by world renown creators from China, Hong Kong, India, Japan, Singapore, Sri Lanka,
      160 words
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  • REST OF ASIA
    • Article
      Lock icon Use strong yen to cut prices, says top retailer
      451 5 Head of Japanese chain Daiei Inc wants benefits of high currency passed on to consumers Reuter TOKYO Leading Japanese retailer, Daiei Inc, said prices in Japan, now the highest in the world, could be halved if the benefits of the strong
      Reuter  -  451 words
    • Article, Illustration
      Lock icon Australian construction revives after 5-year slump
      337 5 Reuter CANBERRA Australian commercial construction final- i ly revived in the March quar- ter, five years after the indus- I try's speculative bubble burst, I official data issued yesterday shows. I March quarter non-residen- i tial building starts leapt to Aus- I tralian $2.71
      Reuter  -  337 words
    • ASIA NOTES
      • Article
        Lock icon India's unions go on strike today
        103 5 Reuter NEW DELHI Prime Minister P V Narasimha Rao faces a showdown with trade unions after they called a nationwide strike against his economic reforms for today, the day he holds a rally to celebrate three years in office. Local media reports yesterday said
        Reuter  -  103 words
      • Article
        Lock icon Aussie peanut growers eye Asia
        83 5 Reuter SYDNEY Australia's growing peanut industry needs to aggressively promote itself to win a share of the Asia-Pacific Basin market, says Bob Mansen of the Peanut Marketing Board Australia. He told the 1994 Australian Peanut Conference that the export market was the key growth area
        Reuter  -  83 words
      • Article
        Lock icon NZ's broad money supply measure falls
        69 5 Bloomberg Business News WELLINGTON New Zealand's broad money supply measure M 3 fell a seasonally adjusted 0.7% in May from April to NZ567.34b (Ss6o.6b), the Reserve Bank of New Zealand reported. That followed a 1% rise in March. On the year, M 3 rose
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Japan, Australia agree over Apec
        46 5 Knight-Ridder TOKYO Foreign Minister Yohei Kono agreed with Australian Trade Minister Bob McMullan yesterday to cooperate closely in promoting the Asia-Pacific Economic Cooperation forum, a foreign ministry official said, according to Kyodo Wire Service. Mr McMullan arrived in Tokyo on Tuesday.
        Knight-Ridder  -  46 words
    • Article
      Lock icon India cement firms rebuilding profits after 2-year slump
      460 5 Reuter BOMBAY India's cement industry, spurred by the private sector, is slowly reviving from a two-year slump caused by a cut in government spending under an economic liberalisation programme, analysts say. "By all appearances, fiscal 1994/95 seems to portend a good year
      Reuter  -  460 words
    • Article
      Lock icon Sri Lankan ruling party vows to maintain economic reforms
      334 5 Reuter COLOMBO Sri Lanka's ruling United National Party has pledged to dismantle all remaining foreign-exchange barriers, make the rupee freely convertible by the end of 1995 and cut inflation to 6 per cent by 2000. In its draft election manifesto, obtained
      Reuter  -  334 words
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      196 5 iiC i Quality lime at The Hour Glass is l cnow^n 8 (lial from your first visil 1° dn °l l friend. Il comes from every memler of The Hour |Mp?-• .--:f- Glass keing trained to understand -~£S??:- eack needs, and S appreciate very decisions tkat watck purckase. And so
      196 words
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  • THE WORLD
    • Article, Illustration
      Lock icon White House ineptitude puts Gatt bill in jeopardy, warns top Democrat
      547 6 Reuter WASHINGTON The powerful chairman of the Senate Finance Committee lashed out on Tuesday at the White House effort to push the Gatt package through Congress, saying ineptitude was putting the world trade pact in jeopardy. Senator Daniel Patrick
      Reuter  -  547 words
    • Article, Illustration
      Lock icon Waiting for Ogata
      45 6 Reuter BENACO, Tanzania Their eyes showing fear, despair, eagerness and resignation, these Rwandan refugees numbering 23X 500 at the Benaco Camp here waited patiently in a long queue to cheer Japanese UN High Commissioner Sadako Ogata when she visited on Sunday Reuter
      Reuter  -  45 words
    • Article
      Lock icon Newspaper defends cash-for-MPs ruse in Parliament
      372 6 Reuter LONDON The Sunday Times newspaper, at the centre of a "lawmakers for hire" row, yesterday defended sending a reporter to parliament in the guise of a businessman who offered cash to members to put questions to ministers. The House of Commons, shaken by
      Reuter  -  372 words
    • Article
      Lock icon World Bank study urges East Asian countries to cut trade barriers in half
      365 6 AP WASHINGTON The World Bank has appealed to East Asian countries to cut their tariffs and other trade barriers in half, to help the United States and Europe as well as themselves. It said the major benefits
      AP  -  365 words
    • Article
      Lock icon Clinton ends European trip on high note with Berlin address
      534 6 Tour cements German ties, firms up policy on Europe Reuter WASHINGTON Take an overwhelmingly friendly foreign government and an applauding crowd, add a stirring speech in a dramatic setting and a place in the history books and you get one
      Reuter  -  534 words
    • Article
      Lock icon Washington projects lower budget deficits for '94, '95
      450 6 AP, Bloomberg Business News WASHINGTON I he Clinton administration has projected that budget deficits in 1994 and 1995 will be a bit lower than it projected last winter, but slightly higher in future years. The White House now expects the 1994 red
      AP,; Bloomberg Business News  -  450 words
    • WORLD WATCH
      • Article
        Lock icon Number of jobless Britons falls
        85 6 AFP LONDON The number of people unemployed in Britain fell by 18,800 in June, inflation was steady at 2.6 per cent, and average earnings were steady, showing a 3.75-per cent monthly increase. The Central Statistical Office yesterday said the number of people without work, on
        AFP  -  85 words
      • Article, Illustration
        Lock icon Spitting image?
        55 6 Reuter LONDON Chancellor of the Exchequer Kenneth Clarke facing an angry student demonstrator during a speech at the I/»ndon School of Kconomics on Tuesday. Up to 50 students spat and swore at the minister as his bodyguards guided him off the stage. He returned to finish his speech
        Reuter  -  55 words
      • Article
        Lock icon Waigel calls for calm in forex markets
        62 6 Reuter MUNICH German Finance Minister Theo Waigel yesterday said he had urged his Group of Seven partners in Naples not to dramatise the current crisis in foreign exchange markets. In an article in the Baycrkurier newspaper of his Christian Social Union party, Mr
        Reuter  -  62 words
      • Article
        Lock icon US real earnings down one per cent
        78 6 Reuter WASHINGTON The real average weekly earnings of US workers, after adjusting for inflation and seasonal factors, fell one per cent in June after a revised 0.5 per cent increase in May. The Labour Department yesterday said it previously estimated May real earnings
        Reuter  -  78 words
      • Article
        Lock icon EU unveils model of common visa
        82 6 Reuter BRUSSELS The European Commission yesterday unveiled the model for a common visa for the European Union, but EU officials said free movement within member states would not happen overnight. The visa, which would be required by third country nationals entering the EU, would
        Reuter  -  82 words
    • Article
      Lock icon Germany urges harmonisation of EU tax system
      395 6 FT BONN Germany, keen to forge ahead with plans that would bring order to Europe's multi-layered tax system, has started a debate on the vexed question of taxes on savings and the introduction of a final, definitive system of a value-added tax (VAT).
      FT  -  395 words
    • Article
      Lock icon Bundesbank cuts two basis points from lowest repo rate
      295 6 AFP FRANKFURT The Bundesbank yesterday reduced its base repurchase rate by two basis points to 4.91 per cent under a 14-day arrangement when it made available a net sum of 900 million marks (SSBB7 million). The bank made available a total
      AFP  -  295 words
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  • SPORTS
    • Article
      Lock icon Turnberry revisited — for a third time
      536 7 Turnberry revisited for a third time British Open Golf Championship UPI TURNBERRY, Scotland This week's 123 rd edition of the British Open could well prove one of the most memorable golfing championships of this generation, but has a lot to live up to. The ageing legends who have forged their
      UPI  -  536 words
    • Article, Illustration
      Lock icon Greg Norman not giving up title quietly or easily
      597 7 AP TURNBERRY, Scotland The claret jug is missing from Greg Norman's office. The space it occupied, just across from his desk, now is vacant. "There is no better feeling in the world than to sit down at my desk and see
      AP  -  597 words
    • Article
      Lock icon Americans face longest odds since Arnold Palmer's victories
      705 7 AP TURNBERRY, Scotland Americans, their ranks depleted by a rash of withdrawals, face the longest odds in more than three decades in the 123 rd British Open Golf Championship. Not since 1961 when Arnold Palmer scored the first of two consecutive victories
      AP  -  705 words
    • Article
      Lock icon Fifa to get fistful of money from US tournament
      518 7 World Clip Finals The Economist LONDON When Fifa. the International Football Federation. decided to let America stage the World Cup. soccer snobs were aghast that the Swiss bureaucrats were making the world's best players perform in a heathen nation, unconverted to
      The Economist  -  518 words
    • Article, Illustration
      Lock icon Mural, mural on the wall, who's the best team of them all?
      60 7 Reuter LOS ANGELKS Cars speeding past a section of a mural on Monday on the 110 southbound freeway near downtown I>os Angeles. Titled The Stamps oj Victory, it is done by Johanna Poethig and is one of five
      Reuter  -  60 words
    • Article
      Lock icon Three stars spark thrilling NL victory
      529 7 AFP PITTSBURGH Baseballs leading batter and a clutch home run king combined with the top player from the sport's winningest team for a thrilling finish to the 65th Major League Baseball All-Star Game. Montreal's Moises Alou smacked a lOth-inning double off the centrefield wall
      AFP  -  529 words
    • Article
      Replaying it for the referee's benefit
      373 7  -  By Claire Leow SINGAPORE Everyone who has square eyes watching the World Cup live knows how those same eyes have popped up in incredulity when the referee gets it all wrong. You sit up in horror and yell for the replay, hoping this was
      373 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon World Cup
        113 7 AFP IX)S ANGELES Spain's Luis Enrique. who had his nose broken when he was elbowed by Mauro Tassotti. branded the eight-match ban on the Italian as excessive. "I did not think he would get such a severe suspension." Enrique said on Tuesday. "But those who commit such fouls
        AFP  -  113 words
      • Article, Illustration
        Lock icon American Football
        127 7 AP CIIALTALQLA, New York Commissioner Paul Tagliabue of the National Football League dismissed suggestions on Tuesday that the deaths of O J Simpson's ex-wife and her friend were a product of the game. "It's not the NFL's problem or football's problem: it's OJ Simpson's problem." he said. "It's
        AP  -  127 words
      • Article, Illustration
        Lock icon Athletics
        91 7 Reuter STOCKHOLM Stockholm grand prix promoter Reijne Sjoberg has called for a seven-day ban on Britain's OKmpic champions Linford Christie and Sally Gunnell after they failed to turn up at his meeting on Tuesday. Sjoberg said Christie. Gunnell and world 200 metres silver medallist John Regis had withdrawn at
        Reuter  -  91 words
      • Article, Illustration
        Lock icon Baseball
        130 7 AP PHILADELPHIA Karccm Abdul-Jabbar said on Tuesday he's interested in coaching in the NBA and would consider offers beginning next year. The league's all-time leading scorer said many people told him after the last season he should go into coaching after Magic Johnson stepped down from an interim position
        AP  -  130 words
      • Article, Illustration
        Lock icon Boxing
        133 7 AFP INDIANAPOLIS Former world champion Mike Tvson. serving a six-year sentence for rape, has apologised for his "inexcusable" behaviour. The heavyweight boxer, imprisoned in 1992. made the admission in a letter to appeal judge Patricia GifTord. Tyson, whose appeal for an early release from his Indiana jail at Plaintlcld
        AFP  -  133 words
      • Article, Illustration
        Cricket
        35 7 CHESIER-LE-STREET, Lngland South African tour match foesdav: Durham 228 (G Fowler 68, C W Scott 53. B M McMillan 4-47. P S d Villiers 4-80) v South Africa 99-0 (A C Hudson 55 no).
        35 words
      • Article, Illustration
        Cycling
        98 7 CAHORS, France leading placings in the 160.5-km 10th stage of the lour de France Bergerac Tuesday: I Jacky Durand (Fra) Castorama 3 hrs 38 mins 11 sees 2 Marco Scrpcllini (Ita) Lampre 55 see behind 3 Stephen Hodge (Aust) Festina 59 sec 4 Gianluca Bortolami (Ita) Mapci Clas 5
        98 words
      • Article, Illustration
        Rugby
        12 7 NEW PLYMOUTH, New Zealand lour match: South Afnca 16 Taranaki 12.
        12 words
      • Article, Illustration
        Lock icon Tennis
        72 7 AP ROI I KRDAM The US "dream team" of Pete Sampras and Jim Courier predicted victors on Tuesday over the Netherlands in their Davis Cup quarter-final this weekend. "It's going to be tough to beat us on any surface." Sampras, ranked No I in the world, told a news
        AP  -  72 words
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      Page 8 Advertisements Column 1
      603 8 U Nothing Beats A Bud. BS OP FRESH* .PASTA bAI LY. From Pasta Fresco. The only restaurant to make Its own specialty pasta. Fresh. everyday. Sovour perfect pizza, great gelati and terrific tiramisu All topped with Italian hospitality. Pasta FrMca Oa Sdvotor# P»« ltd 30 Boat Quay SIOIO4I lOpen 24
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      Page 8 Advertisements Column 2
      319 8 WHERE TO WINE, DINE AND ENTERTAIN i LETS TALK OVER LUNCH Seafood Theatre Restaurant proudly presents a series of monthly luncheon talks by expert well-known personalities. luiy 16 July 30 Can Read But Aromatherapy Does Not Want To Read Total Well-being by Mrs Maha Sripathy by Mrs Angelyn Lim Buffet
      319 words
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      Page 8 Advertisements Column 3
      386 8 r i Jancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection l|Ul/C of set menus, and 'Beijing specialities such as 'Beijing 'DucHi, Tench and HSS 0 Marinated Lamb, fancy some now?
      386 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Gabriel's new genesis
      990 9  -  Jon Pareles fleshes out the singer's agenda for the 1990s Jon Pareles NYT AS MID-LIFE transitions go, Peter Gabriel's is a doozy. After a quartercentury of singing his own words and music, he has become a micro-mogul: running a world-music festival and record company while plotting projects
      NYT  -  990 words
    • Article, Illustration
      Lock icon Hollywood's US$7m men
      700 9 CHATTERBOX UPI UPI UPI UPI BY ALL reports, Keanu Reeves, the macho movie star with an exotic ethnic background, has catapulted to the top level of the money list for Hollywood male action actors under 30 years of age. Fie has been offered US$7 million (5510.6 million)
      UPI  -  700 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      86 9 Shark's Fin Soup, Sauteed Crystal Prawns, Deep Fried Soon Flock and Supreme Lobster Salad. Just a few of the superb Cantonese delights to tempt your tastebuds that you'll find on our special dinner menus. There are four different menus to choose and they start from just $128*\ To reserve a
      86 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1169 9 TV RADIO Revenge 8.30pm, SBC 5 Jgt 1 More tasteless humour as Rob- p ert Carradine and his nerdy go to Adams College. They the usual bullying and mete WSmm\ against w Jn«Hi Vengeance, 10.30pm, SBCB two women light district A* .^HB^H is looking for the other insight for a
      1,169 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      BMW finds gas a good green alternative
      811 10  -  Ramesh Divyanathan, who visited.the car manufacturer's R&D centre in Munich recently, learns that its green research is speeding up with hydrogen Ramesh Divyanathan, ITS cars are often on the wanted list of executives and it has consistently topped the luxury-per-formance category, a market
      811 words
    • Article
      Innovators can now get funding, access to info
      378 10  -  By Jennifer Lien LOCAL innovators will now ho able to obtain funding for new projects. access technical information. rub shoulders with other innovators and exchange ideas through a new multi-faceted scheme in Singapore. The National Innovations Support Framework (NISF>. launched on Mondav
      378 words
    • IN TAKES
      • Article
        Conference on cellular communications
        73 10 SINGAPORE Singapore Telecom's executive vice-president (local services). Lee Hsien Yang, will gi\e the welcoming speech at the 4th Asia-Pacific Digital Cellular Mobile Communications Conference. The theme of the conference, from Sep 7 to 9 at the Shangri-La Hotel, is Operating and Expanding Cellular Networks in the
        73 words
      • Article, Illustration
        Security system that identifies humans
        73 10 MIDHURST. West Sussex British firm Wylam Hill says its portable seeurily surveillance system, which can distinguish human movement from that of an animal or mechanical equipment, is now available. The lightweight unit, called I'ortaguard. has a pistol-type grip and includes a cradle mount and ground
        73 words
      • Article
        Lock icon New revelations on cancer cell gene
        97 10 NYT I.OS ANGELES New research on the molecular biology of cancer cells is leading to a compelling hypothesis. One of the cells' best studied genes, called P53. seems to be the cancer therapy gatekeeper. New studies by molecular biologists at the Massachusetts Institute of
        NYT  -  97 words
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      114 10 GREAT MINDS THINK ALIKE I i fIU V v P 1 fcv 4 I (You can tell ty flieir slurts) When it comes to excellence in tailoring, distinguished statesmen, royalty and just /msk there is no other name quite like CYCj |H|fflH| about every man who lecognises the It's why
      114 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon HK lawyers hope UK-China row won't result in legal vacuum
      665 11  -  The bar association's chief tells Ramesh Divyanathan the difficulties Hongkong faces with its laws after 1997 Ramesh Divyanathan THE Hongkong Bar Association hopes that the political disputes between London and Beijing will not spill over and block attempts by the
      Phot by Christopher Loh  -  665 words
    • Article
      Seeking the S'pore experience
      283 11 ONE of the reasons why Hongkong Bar Association chairman Ronny Wong wanted to be on the roll of advocates and solicitors in Singapore is to learn from the legal experience here. Mr Wong, whose wife Jennifer Wong, managing partner of one of the colony's largest firms.
      283 words
    • Article, Illustration
      Lock icon Debate on owning gun still to run its course
      721 11  -  The Second Amendment speaks of the right to own arms but the US courts don't necessarily think so. David G Savage looks at the issue David G Savage Los Angeles Times-Washington Post THANKS to the efforts of the US National Rifle
      Los Angeles Times-Washington Post  -  721 words
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      Page 11 Advertisements Column 1
      38 11 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. rfnccSEWME^b u*3SS*riiiiiE cjlxm, An $PH AudloT Strvlet
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      Page 11 Advertisements Column 2
      217 11 JL THE UNIVERSITY OF HULL England 1927 Q"OVER 100 GMs, MDs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SINGAPORE" fIIVIBA. 2^ II ONLY tt PLACES LEFT! First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the 1990s First to
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      Page 11 Advertisements Column 3
      224 11 •s>s C<fOtv® o< c "If"^ k, 5 ■-jtßsar At Wang Jiang Lou to be precise. Which is at Qarke Quay of oourae. Wang jtang Lou offers the freshest and widest chotoe of local seafood dishes at the most reasonable prices. This is in addition to the fine range of Teochew
      224 words
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  • Article
    Life after the Great Leader
    572 12 EDITORIAL IT IS the ultimate irony that the death of North Korean leader Kim II Sung has offered the world an unprecedented glimpse into the obsessively secretive Stalinist state. The images from Pyongyang over the last few days have bordered on the surreal thousands of
    572 words
  • WHAT THE OTHERS SAY
    • Article
      Withering clout
      203 12 NOW THAT the world's currency markets know that US President Bill Clinton and his G-7 partners will do nothing to stop the dollar's slide, the once-mighty greenback has hit an all-time low of 97.27 yen against the Japanese yen. The volatile currency markets underline what the leaders of
      203 words
    • Article
      Rhetoric and commitment
      177 12 WHILE MANY OBSERVERS would feel that the recent G-7 (plus one) meet in Naples produced nothing of substance but rhetoric, the event is important in upholding the importance of dialogue in the post-Cold War era. As a very exclusive club, the G-7 shows that mighty nations need
      177 words
    • Article
      First, some native enthusiasm
      198 12 SOMETIMES, truth is rather difficult to face, much less accept, but the prime minister has always been frank. While it used to be fashionable to blame foreign companies and sources for their reluctance to transfer their skills, the truth now is that Malaysians lack the will
      198 words
    • Article
      Beyond the G-7's competence
      129 12 THE GOVERNMENTS of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States can no longer control even their own financial markets after the fall of the Bretton Woods system in the early 1970s. More than that, however, they have been consistently ignoring the
      129 words
    • Article
      Getting to know the younger Kim
      204 12 IT IS SAID that Kim Jong II had already seized party, military and political powers under the supervision of his father, Kim II Sung, but he had always avoided public appearances. This made his work style and character little known to the outside world
      204 words
    • Article
      A chance for change
      161 12 KIM 1L SUNG's death of a heart attack is a cruel blow to his country. More significantly, however, it is cruelly timed. The 82-year-old leader seemed poised to end a lifetime of fighting with a double stroke of personal diplomacy. Instead, the world must wait, and
      161 words
  • Article, Illustration
    The search for the next century's 'clean car' revs up
    1040 12  -  Car-makers plan new models which are more streamlined, with parts less resistant to movement, lighter bodies and more efficient engines. Salil Sarkar reports Salil Sarkar The writer, a Paris-based journalist, contributed this article to BT CLEANER, safer and leaner seems
    1,040 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      128 12 t)' J' Now for the first time, an exhibition and sale of Piaget's chronograph collection. Presented exclusively at the Piaget Boutique, Mandarin Singapore. 14 to 51 July 1994, from Ham to 6pm (Mon Sat). PiageT [MILUER EN HORLOGERIE DEPUtSIB74 GEN&'E The Piaget chronographs capture time in motion watches inspired by
      128 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      110 12 ir>s port QE. I[, Tn rgcoukT ICS S\LO/ —|GO IM r0lD P»">E> I U)ftVC£- UPS P>ND YOU'LL) 1 p W o££-<S.— CMP-AFTCKNOON NAPS... $e. 01 p,ve is >j \otM OPS J £b9Eb C ASSOCIATED NEW3PAMW3 LTD. 1M31M4 •fri'fr,. doonesbury" GARRY TRUDEAU WHY, MY FPJENPS, CArfT ANPUJHOUJAS7HB LUCKY ■MM HAVBB6EN HEAPING
      110 words
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  • ANALYSIS
    • Article, Illustration
      Thank God that Clinton plan was shot down
      1113 13  -  Leon Hadar says sinister purposes underlay Washington's surprise trade initiative in Naples. In the other story, he examines the cooling-otf in the Clinton administration s fervour to extend the benefits ot a tree trade arrangement to Chile and other liberalising eeonomies in
      1,113 words
    • Article, Illustration
      A case of 'trade exhaustion' in Washington
      1635 13 WHEN Chile's President Eduardo Frei visited the White House recently. President Bill Clinton reiterated Washington's intention to extend the free trade benefits of the North American Free Trade Agreement (Nafta) to Chile and expressed his confidence that Congress would support such a move.
      1,635 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      82 13 vjKIMKf i^airml is.. Find more listings on homes, apartments and condos! New and used cars, trucks and vans. Employment listings in every field! ine™^SNG^»... Merchandise, services, holidays, course training and much more! The Straits Times Classified delivers! Looking to find a place to live? Need Transportation? Want a better job?
      82 words
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  • Article
    Lock icon US official warns Japan of political crisis if trade talks fail
    555 14 Bloomberg Business News Reuter, TOKYO A senior United States trade official yesterday cast doubt on the outlook for US-Japan trade talks and warned of a political crisis unless progress was made. "I hope we can narrow the differences in
    Bloomberg Business News; Reuter,  -  555 words
  • Article, Illustration
    Lock icon Cool comfort on a hot day
    50 14 AFP LONDON Children cooling off in the fountains of Trafalgar Square here on Tuesday as temperatures soared to record heights London was hotter than Barcelona and Rome, with the first week of July, on average, being hotter than the same period last year. AFP
    AFP  -  50 words
  • Article
    Lock icon Beijing hopes to lure back overseas Chinese scientists
    288 14 UPI BtIJING China hopes to lure back overseas Chinese with an ambitious programme aimed at expanding the paltry number of scientists working in the country by the end of the century. Personnel Minister Song Defu says the task is of vital importance
    UPI  -  288 words
  • Article
    Lock icon Pyongyang moves swiftly to continue diplomatic initiatives
    422 14 Reuter SIiOUL North Korea, on the verge of completing the transfer of power after President Kim II Sung's death, yesterday took steps to continue recent diplomatic initiatives towards the United States and South Korea. Radio Pyongyang said North Korea would hold talks with
    Reuter  -  422 words
  • Article
    Kim Jong Il's public functions limited by epilepsy, say diplomats
    280 14  -  From Peter Seidlitz NORTH Korea's designated new leader, Kim Jong 11. 52. may never be able to play a visible publie role. He is an epileptic, a high-level diplomatic source said here. The son of the late Kim II Sung
    280 words
  • Article, Illustration
    More to the dollar-yen problem than meets the eye
    1030 14  -  The Bottom Line YEONG WAI CHEONG YEONG WAI CHEONG The writer is a principal of Kaufman. Diamond Yeong. a i 'S-hased j economic and investment research firm. He contributed this commentary to BT j OVER the past few weeks, pundits and
    1,030 words
  • Article
    London leading rally in European bond, equity markets
    404 14  -  From Neil Behrmann in LONDON EUROPEAN bond and equity markets are rallying sharply and London is leading the way. An extension of the rally, however, will depend on the beleaguered dollar, analysts said yesterday. If it stabilised around present levels or recovered,
    404 words
  • Article
    Lock icon Air India plans US$2b expansion programme
    218 14 AFP NEW DELHI Air India plans to purchase up to 12 aircraft as part of a US$2 billion (SS3 billion) modernisation and expansion drive, the managing director of the flagship carrier said here yesterday. "We have completed the first phase of our growth-cum-modernisation programme
    AFP  -  218 words
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      65 14 "$<!.)!~;{\+[=;|:((--'{::!&\;@< FULL SERVICE OFFICES 1 till\ furnished executive suites lull-time stall at your service <inference i<Minis lull supporting up-to-date facilities St latere location Ideal for one/two person set-up cry reasonable rates. k AHSOI.ITi:i.V xo iiii)i)i:.\ iiar(.i:s! Visit .<» <» Huursilt: 1111 WORLDWIDE VVV itrsi.\i;ss<t:\tki-: i'it: i;n> I I I Nurtti
      65 words
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      Page 14 Advertisements Column 2
      7 14 Life after the Great leader. Pg 12
      7 words
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      Page 14 Advertisements Column 3
      5 14 F^iXAWeting Tomorrow in Business Times
      5 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 15 Firm Market MihhJ indicates the likely trading sentiment today, based on brokers polleil at 5-bpm yesterday (Xermght events may alter sentiment Brokers polled Barings, h'raser. GK (Joh. Morgan (jrenfell. OngC'o. Xomitra. Smith \cn Conn and SO M arburg
        40 words
      • Article, Illustration
        HOT STOCK
        143 15  -  By Paul Leo Provisions Suppliers Corp closed on the 13-day moving average line at $1.30 yesterday, after trading below it since mid-May. Visually, PSC appears to be at the mid-point of a rounding bottom formation on the daily chart, which means the price should pick up soon. The
        143 words
    • Article, Illustration
      CCL, Dairy Farm to link up in M'sian supermarket push
      677 15  -  By Agnes Chen SINGAPORE Cycle Carriage Ltd is spinning off its Malaysian supermarket business to form a partnership with Hongkong retail giant Dairy Farm, in a move to get a bigger slice of the Malaysian market. CCL's associate company. Cold
      677 words
    • Article
      F&N shows letter on deferred Viet Coke plant
      380 15 SINGAPORE Fraser Neave has made public a letter from the Vietnamese authorities indicating that its plan to produce Coca-Cola in south Vietnam has been deferred and not ruled out. Responding to a query from the Stock Exchange of Singapore, F&N revealed the
      380 words
    • Article
      One Chia in the footsteps of another?
      755 15  -  HOCK LOCK SIEW By Joyce Quek SINGAPORE A man creates a business that spreads beyond Singapore's shores. He turns it into a listed entity. In a major overseas venture, it encounters frustrating labour problems. Losses rise, share prices fall. It decides to pull
      755 words
    • Article
      Jack Chia-MPH raises its bid for Players
      470 15  -  From Florence Chong in SYDNEY JACK CHIA-MPH Ltd has increased its offer for Players Group Ltd. an Australian biscuit manufacturer, by three Australian cents. In a letter to Players' shareholders and the press yesterday, Jack Chia. chairman of JC-MPH, said the offer of
      470 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Super Coffeemix's new beverage
          56 16 SINGAPORE Sesdaq aspirant Super ColYeemix has added a high-end item to its range of instant beverages. The company, now in the process of an initial public otYer, says the product. Charcoal Roasted Cot Tee. is the first of its type here. Super also plans to export
          56 words
        • Article
          Paid-up capital of GRP's China unit up
          39 16 SINGAPORE GRP said yesterday the paid-up capital of its subsidiary GRP (China) had risen from Si.4 million to $3.5 million. GRP holds 75 per cent of the paid-up capital of GRP (China).
          39 words
        • Article
          HTP appoints new director
          44 16 SINGAPORE H I P Holdings said yesterday it had appointed Li Eeng Lian a director on July 11, while Wang Jie had resigned on July 1. Ms Li is assistant general manager of China Everbright International Trust and Investment Corp.
          44 words
        • Article
          Lock icon Telekom, Sumitomo in Labuan project
          62 16 MBT KUALA LUMPUR Telekom Malaysia Bhd has entered into a contract with Japan-based Sumitomo Corp for the construction of Telekom's third satellite earth station in Labuan at an estimated cost of M 531.5 million (5518.3 million). The project is expected to significantly enhance the standard
          MBT  -  62 words
        • Article
          Lock icon Probadi in Uzbekistan oil venture
          69 16 Bernama KUALA LUMPUR Probadi Sdn Bhd. a wholly-owned subsidiarv of TH Loy Industries (M) Bhd. is to set up a joint-venture oil company in Uzbekistan. Uzbekistan National Oil Corporation chairman KJ Khakkulov, who is also Uzbekistan Deputy Prime Minister, said the joint venture would raise
          Bernama  -  69 words
        • Article
          Lock icon Associated Kaolin unit to lease system
          75 16 Bloomberg Business News KUALA LUMPUR Hoping to reassure sceptical investors its Sabah gaming operation is on track, a unit of Associated Kaolin Industries Bhd yesterday agreed to lease a M 512.7 million (557.36 million) gaming system from SCS Computer Systems Sdn Bhd of Singapore.
          Bloomberg Business News  -  75 words
        • Article
          Lock icon AMDB's pre-tax profit rises 29.6pc
          75 16 Bernama KUALA LUMPUR Arab-Malaysian Development Bhd has chalked up a group consolidated pre-tax profit of M 526.11 million (5515.14 million) for the year ended March 31, 1994, an increase of 29.6 per cent from M 520.15 million recorded in 1993. The company yesterday said group
          Bernama  -  75 words
      • Article
        Court asked to nullify Petron's sale of shares
        290 16  -  From Al Labita in MANILA A GROUP of lawmakers yesterday asked the Supreme Court to nullify oil firm Pctron Corp's sale of shares to Saudi Arabia's Aramco and stop its public offering scheduled for next week. In a 30-page petition, the lawmakers
        290 words
      • Article
        Deluge of IPOs hits Jakarta bourse
        484 16 iu 8h«rt ofltr ottering price Amt raised No Company name Sector (m share) (Kp) (bnrupteh) Listing date L—d underwriter 1 Ades Alfindo Putra Setia Consumer 15.00 3,850 57.75 Jun13 j Pentasena Arthas 2 Aneka Kimia Raya Artika Chemical 15.00 4,000-5,000 67.50* Mid Aug Lippo
        484 words
      • Article
        Tajuddin gets massive M$1.7b personal loan for MAS deal
        457 16  -  By Amy Balan SINGAPORE Malaysian banks have put together the country's biggest personal loan MS 1.792 billion (551.046 billion) for wellknown bumiputra businessman Tajuddin Ramli, bringing his dream of controlling Malaysia Airlines one step closer to reality. The fast-rising corporate czar
        457 words
      • Article, Illustration
        Lock icon HPL scoops up big business through Haagen-Dazs
        418 16  -  By Juliette Walker SINGAPORE Hotel Properties Ltd expects the overall sales of its Haagen-Dazs ice-cream franchise in Singapore, Hongkong and Malaysia to double this year. Locally, it plans to open three or four more shops this year in Tampines, Tiong Bahru and perhaps
        Photo by Chris Loh  -  418 words
      • Article
        New GM for DBS Asset Management
        377 16 SINGAPORE DBS Asset Management, the country's largest fund management company. has appointed a new general manager to replace Laurence Liu. its GM and chief investment officer for the past two years. James McCarthy, who last held the post of director at Halim Capital Management
        377 words
      • Article
        York gains 7.3pc over fixed price offer on Sesdaq debut
        208 16 SINGAPORE Trailer axle maker York Pacific made a r stable but unspectacular debut 1 on Sesdaq yesterday. I York's shares, which will trade on a when-issued basis < until July 23. opened at 60 J cents and traded between 58
        208 words
      • Article
        Metroplex aquires controlling stake in Subic Bay resort
        438 16 SINGAPORE Malaysian < conglomerate Metroplex has < taken a controlling stake in a casino resort at the former US naval base at Subic Bay in the Philippines. The 55 per cent stake was j held by Malaysian gaming giant Genting until two
        438 words
      • Article
        Lock icon TRI expects to beat M$128m profit forecast for year
        199 16 Reuter KUALA LUMPUR Malaysian cellular telephone company Technology Resources Industries Bhd said it expected to beat its MS 128.474 million (SS7S million) profit forecast for the year. It reported a pre-tax profit rise of 96 per cent to MS 105.79 million
        Reuter  -  199 words
      • Article
        Untitled
        519 16 tinannrt lUii True* Unifund 1.41 1.47 Singapore unn irusi umbond i.oj 1.05s The Commerce 1.59 1.68 United Gr Fund' 1.65 1.71 The Savings Fund 1.50 1.59 United Asia Fund 1.58 l.68« S pore Prog Fund 0.68 0.72 S'ponc Sec Fund 1.02 1.08 U0B Life HSSUTinCC S'porc Invest Fund 1.13 l.20xd
        519 words
      • COMPANY BRIEFS
        • Article
          Lock icon Bridge Oil buyer eyes regional role
          72 18 Reuter SYDNEY Parker and Parsley Petroleum Corp (P&P), in control of Bridge Oil Ltd, said it would expand Bridge's operations in the Asia-Pacific region. P&P holds about 80 per cent of Bridge's issued shares through its now unopposed 90 Australian cents a share takeover
          Reuter  -  72 words
        • Article
          Lock icon Jinhui profit jumps 22.7pc
          101 18 Bloomberg Business News HONGKONG Hongkong-listed Jinhui Holdings Co said its net profit rose 22.7 per cent to HK$ 102.2 million (Ss2o million) in the year to March 31, up from HK$B3.3 million for the previous year. The figures are after taxes and payment of minority interests.
          Bloomberg Business News  -  101 words
        • Article
          Lock icon Shenzhen unit selling 25m B shares
          78 18 Bloomberg Business News HONGKONG Shenzhen Textile plans to sell 25 million B shares at HK52.39 to foreign investors starting next week, issue underwriter Credit Lyonnais Securities said. Shenzhen Textile is the investment vehicle of the Shenzhen Municipal Government. Shares will start trading on the
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Le Saunda profit rises 16.7pc
          48 18 Bloomberg Business News HONGKONG Le Saunda (Holdings) Ltd, a Hongkong shoe retailer, said that its net profit for the year ended Feb 28, 1994 rose 16 7 per cent to HKSBB.4 million from HK575.7 million for the previous financial year. Bloomberg Business News
          Bloomberg Business News  -  48 words
        • Article
          Lock icon Tata, Mitsubishi to buy China coal
          57 18 AFP BOMBAY Tata Steel has tied up with Mitsubishi Corp of Japan to import 100,000 tonnes of Chinese coking coal, a company statement said on Tuesday. The statement said the agreement marked the beginning of a new alliance between Tata Steel and the Japanese
          AFP  -  57 words
      • Article
        Lock icon Tough HK listing plan may be revised
        290 18 Eastern Express HONGKONG The Hongkong Stock Exchange is considering scaling back its controversial proposal to impose tough requirements for small companies seeking a listing. The move follows strong opposition from the Corporate Finance Association, the territory's fledgling alliance of merchant banks, which warned
        Eastern Express  -  290 words
      • Article
        Lock icon CBS drops QVC merger plan
        426 18 Network announces US$ 1. lb share buyback as rival bids USs2.2b for shopping network AP NEW YORK CBS Inc confirmed on Wednesday it is dropping plans to acquire QVC Inc after cable television operator Comcast Corp made an unexpected bid for the home shopping channel
        AP  -  426 words
      • Article
        Pacific Dunlop buys stakes in Chinese, Thai food firms
        382 18  -  From Florence Chong THE diversified industrial group, Pacific Dunlop, has made a major push into the Asian food market with two significant acquisitions in a Aslo2 million (SSII2 million) expansion. Pacific Dunlop announced on Tuesday that it has entered the Chinese
        382 words
      • Article
        Lock icon HK to probe trading of Public International shares
        156 18 Bloomberg Business News HONGKONG The territory's Financial Secretary has asked the Insider Dealing Tribunal to investigate trading of shares in Public International Investments Ltd, the government said yesterday. The company now trades as First Shanghai Investment Ltd. The tribunal will hold a
        Bloomberg Business News  -  156 words
      • Article, Illustration
        Lock icon Lifting telecoms to new heights
        75 18 AFP LONDON Entrepreneur airline boss Richard Branson (left) with British lelecom chairman lain \allance >esterday, as Mr Branson announced that he will be installing a satellite phone system in his Virgin fleet with full integration into the British Telecom software platform. He said: "Business passengers
        AFP  -  75 words
      • Article
        Lock icon Hopewell may float south China highways when network is finished
        233 18 Reuter GUANGZHOU Hopewell Holdings Ltd will consider floating off its south China expressways but only after the planned network has been completed, managing director Gordon Wu said on Tuesday. Hopewell's 122-km superhighway linking Shenzhen with Guangzhou is due to open
        Reuter  -  233 words
      • Article, Illustration
        Lock icon HK bourse set for rebound: economists
        315 18 Eastern Express HONGKONG Two of the region's leading economists believe the Hongkong stock market is at a critical juncture and poised for a significant trend reversal. Alan Butler-Henderson, the head of research at Baring Securities here, said on Tuesday that the market had fallen
        Eastern Express  -  315 words
      • Article
        Lock icon Siemens set to cut 7,000 jobs as profits veer down
        242 18 FT PRAGUE Siemens, the German electronics and electrical group, yesterday announced it was cutting a further 7,000 jobs this year. The news came alongside confirmation that annual operating profits were likely to fall by between 10 and 15 per cent.
        FT  -  242 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon HK banks urged to improve system of money transfer
        374 19 Bloomberg Business News HONGKONG The Hongkong Monetary Authority's top official said yesterday that the system of money transfer between the territory's banks must improve soon if Hongkong is to keep its position as East Asia's pre-eminent financial centre. Hongkong should adopt
        Bloomberg Business News  -  374 words
      • Article
        Lock icon KL minister tells foreign banks how to branch out
        271 19 Bernama KUALA LUMPUR Foreign banks which are now unable to open branches in Malaysia should consider buying into local banks as a way out of their predicament. Deputy Finance Minister Loke Yuen Yow said yesterday. By buying such a stake and
        Bernama  -  271 words
      • Article
        Lock icon Inquiry spreads blame for Credit Lyonnais' losses
        309 19 FT PARIS A French parliamentary inquiry yesterday criticised ministers and leading civil servants as well as bank regulators and directors for allowing the state-owned Credit Lyonnais bank to run up record losses and bad debts. The National Assembly's nine-week investigation, led by its
        FT  -  309 words
      • Article
        Lock icon Australian interest rates will rise eventually, says central bank chief
        510 19 Bloomberg Business News SYDNEY Low inflation and strong growth paint a picture of "good news" for the Australian economy, but interest rates will eventually have to rise. Reserve Bank of Australia Governor Bernie Fraser said yesterday. He gave no clue
        Bloomberg Business News  -  510 words
      • Article
        Lock icon Cost of Prudential Securities' fraud scandal tops US$1.1b
        492 19 NYT NEW YORK Prudential Securities' projected cost lor its limited partnership debacle has surpassed U SS 1.1 billion (551.66 billion), which would make it the costliest Iraud scandal for any investment house in Wall Street's history. The scandal's price would have cut
        NYT  -  492 words
      • Article
        Lock icon No end in sight for bad loans in Japan
        316 19 FT TOKYO Japanese banks will remain burdened tor manyyears by their high proportion of bad loans, a US eredit rating agency said on Tuesday. The report, by Moody's Japan. said poor asset quality was compounded by the fact that the banks'
        FT  -  316 words
      • Article
        Lock icon Bank Negara to auction M$500m in bills next week
        355 19 Knight-Ridder TOKYO The Malaysian central bank announced yesterday it would auction MS 500 million (SS29I million) in Bank Negara bills next l uesday. a move that has reinforced fears that the market will soon be oversupplied with short-term debt instruments. Consequently,
        Knight-Ridder  -  355 words
      • SMALL CHANGE
        • Article
          Lock icon Only essential Mercantile workers to stay
          62 19 Bernama KUALA LUMPUR The provisional liquidators of financially troubled Mercantile Insurance Sdn Bhd from accounting firm Lrnst Young said yesterday the serv ices of all employees would be terminated soon and only essential workers re-employed. The liquidators, who were appointed by the High Court
          Bernama  -  62 words
        • Article
          Lock icon Thai Telephone takes 1.1b baht loan
          92 19 Bloomberg Business News BANGKOK Thai Telephone and Telecommunication pic is borrowing 1.086 billion baht (SS6S million) for 15 years to repay a loan from supplier Alcatel CIT Co. Thai Farmers Bank, the country's second-largest commercial bank, will provide 448 million baht. Krung Thai Bank
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Aseamlease notes get P2 rating
          72 19 Bernama KUALA LUMPUR Rating Agency Malaysia Berhad (RAM) yesterday announced it has assigned a short-term rating ot P2 to the MS3O million (5517.5 million) Revolving Notes Issuance Facility by Ascamlcasc Bhd and its wholly-owned subsidiary, Aseam Credit Sdn Bhd. The rating, which indicates a strong
          Bernama  -  72 words
        • Article
          Lock icon Kalfarm to issue US$100m dragon bond
          87 19 Bernama HONGKONG Kalfarm Finance Ltd of Indonesia is to launch a USSIOO million (SSISI million), five-year floating rate dragon bond, said lead manager Lehman Brothers. "1 he bonds are still in syndicate. We are in the process of forming a group." said a Lehman
          Bernama  -  87 words
      • Article
        Lock icon Inro will sell entire stockpile if price surge continues
        472 20 AFP KUALA LUMPUR The International Natural Rubber Organisation (Inro) would unload its entire 220.000 tonne stockpile if the current surge in rubber prices continues unabated. Inro buffer stock manager Aldo Hofmeister said yesterday. "We have sold a sizable amount, which seems
        AFP  -  472 words
      • Article
        Lock icon Viet PM orders restructuring of coal industry
        292 20 AFP HANOI Prime Minister Vo Van Kiet has ordered a restructuring of Vietnam's coal industry as production costs soar and illegal mining undercuts state businesses, a report said yesterday. Mr Kiet said the crisis, which has seen a slump in production and exports,
        AFP  -  292 words
      • Article, Illustration
        Lock icon Pakistan aims for 20pc rise in cotton output
        62 20 Reuter MULTAN Pakistan Pakistani women working on a cotton field at a research centre near this town in Punjab province on Monday. Officials have set a target of 9.5 million bales for the year of 1994-95, 20 per cent more than the
        Reuter  -  62 words
      • Article
        Lock icon Aluminium now key contract on Shanghai exchange: traders
        386 20 Reuter, Knight-Ridder SHANGHAI Aluminium futures have surpassed copper to become key contracts on the Shanghai Metals Exchange due to mounting domestic and world prices, traders said yesterday. Daily volume has reached more than 50,000 tonnes from about 10,000 tonnes last year with
        Reuter,; Knight-Ridder  -  386 words
      • Article
        Lock icon Coffee price surge to cut demand, say traders
        317 20 Reuter LONDON The boom in coffee prices following the worst frosts in 13 years in Brazilian plantations is almost certain to mean people drink less coffee, traders and analysts said. Prices on Tuesday stood at U553,900 (555.889) a tonne, around their highest
        Reuter  -  317 words
      • Article
        Lock icon Oilseed, soy production rebounds after lull
        231 20 AP WASHINGTON World oilseed production is projected at 230 million tonnes in 1993-94, down nearly 1 million tonnes from last year's record level, according to the Agriculture Department. The estimate of US production for the marketing year remained at about 58.9 million tonnes, 16
        AP  -  231 words
      • Article
        Lock icon Vietnam's coffee exports jump 28pc in first half
        204 20 Reuter HANOI Vietnam exported 78.900 tonnes of coffee in the first half of 1994. up 28.8 per cent from the same period last year, according to official figures. The country produced 110,000 tonnes of coffee beans in 1993, an increase of 15.000
        Reuter  -  204 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        130 20 AS the US dollar regained some ground against the majors yesterday, most regional currencies were little changed in quiet trade. The Singapore dollar saw some consolidation at the 1.5110/20 range. The ringgit traded a touch firmer in quiet range-bound trade. Bullishness over the ringgit still
        Charts by Dow Jones Telerate  -  130 words
      • Article
        Lock icon London
        198 20 Bloomberg Business News LONDON The dollar closed trading here higher against the mark and the yen alter rising on speculation that the US would raise interest rates. As the speculation proved unfounded following the Federal Reserve's operations in the banking system, the dollar's resilience mav prove short-lived, analysts said.
        Bloomberg Business News  -  198 words
      • Article, Illustration
        Untitled
        1475 20 /luJc-uetfghtnl iihk .aktilah J aKUimr Saur't hip 14 tratknt partner* mur W. US$/S$ forward rates Noon July 13 s$ Bid (Miff 1-month ***** I 5105 2-month I 5081 ***** 3-month 1 5071 I 5089 6-month 1 5028 1 5048 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on July
        1,475 words
      • Article
        Futures continue to climb on Nigerian unrest
        180 20 Bloomberg ENERGY REPORT LONDON Brent crude oil futures on the International Petroleum Exchange rose for the fifth day amid concern that spreading labour unrest in Nigeria will restrict oil exports, reducing world supplies by as much as 3 per cent. The Nigerian troubles
        180 words
      • Article
        Lock icon New York
        77 20 Reuter NEW YORK The dollar firmed against most currencies in midday trade, aided by unconfirmed rumours of Federal Reserve intervention and talk of a possible hike in its discount rate. At midday, the dollar traded at 1.5350/60 marks, up from 1.5325/30 at the open. It was also firmer
        Reuter  -  77 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar futures firm ahead of CPI
        1307 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed higher in quiet trade. Market participants were waiting for the Consumer Price Index due last night to see if there are any signs of inflationary growth in the the US. If the CPI number is friendly,
        Reuter  -  1,307 words
      • Article
        Rubber futures soar but end off highs
        678 21 COMMODITY REPORTS Rubber Singapore: Rubber futures ended much firmer but off intraday highs as Tokyo took a late downswing on caution over rapid price advances. "The market was easier in the afternoon compared to morning levels on late Tokyo falls," one broker said.
        678 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Good demand for Aussie sugar
          54 21 TOKYO Australia's bumper sugar crop so far looks set for a good 1994-95 (July-June) marketing year. Industry sources say an outlook for good Asian demand and firm raw sugar premiums at least through 1994 mean Australia is well positioned this year to sell what may
          54 words
        • Article
          Australia to sell alumina to Russia
          74 21 CANBERRA Australia is in talks to become Russia's largest source of alumina via an export deal worth AS2OO million (SS22O million). Foreign Minister Gareth Evans is close to signing an agreement with Russia enabling Australia to provide alumina using Russia's eastern ports. "This is
          74 words
        • Article
          API crude data mainly neutral
          89 21 NEW YORK The latest American Petroleum Institute inventory data were termed mainly neu- tral for crude oil. Aug crude was down five cents at U5520.38 on Access, erasing a seven-cent gain. API data for the week ended July 8 showed crude oil stocks rose 1.33S
          89 words
        • Article
          Dearer aluminium rod, bar products
          114 21 NEW YORK Kaiser Aluminum and Chemical on Tuesday said it will raise prices for all cold finished rod and bar screw machine products, effective with new orders on or after July 11, and orders scheduled for shipment on or after Sep 16. The base price
          114 words
    • Article
      COMMODITY PRICES
      1395 21 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) (lose Volume Open Month High Low Sett (tonnes) Interest Aug 44 191.50 191.50 191.50 25 1525 Sep 185.50 185.50 185 50 550 3150 Oct 184.75 180 50 182.50 250 3225 Nov 184 75 *****
      1,395 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1064 22 5.7 SHARES closed firmer yesterday. led upwards by the banking sector in a market buoyed by stronger bonds and steady overseas bourses, brokers said. The key All Ordinaries Index closed at 1.978.6 points, 5.7 above Tuesday's finish. The All Industrials also rose 5.7 to 2.920.4. while the All Resources
        1,064 words
      • Article
        Manila
        624 22 -22.56 Share prices continued to ease yesterday with most investors holding on to their money in the absence of good news, although there was some technical rebound among second-liners. The PSE Index lost 22.56 points to close at 2,510.76. Turnover fell to 755.49 million shares, but value was up
        624 words
      • Article
        Seoul
        456 22 1.38 Share prices ended mixed yesterday as tension over North Korea abated and profit-takers engaged in a tug-of-war with bargain hunters, dealer said. The Composite Price Index rose 1.38 points to settle at 961.97. Turnover expanded to 51 million shares worth 950 billion won. Rises led falls 411 to
        456 words
      • Article
        New Zealand
        304 22 15.73 Forest sector stocks, particularly Fletcher Challenge, took shares higher, aided in part by improved sentiment in domestic and foreign bond markets. Fletcher gained eight cents to NZS3.B2. possibly due to the decision by one brokerage to improve its earnings outlook for the stock. Fellow forest products group
        304 words
      • Article
        Bombay
        102 22 18.59 Select shares ended slightly higher as volumes fell sharply due to thin attendance on the trading floor. The Bombay market's opening was delayed by 30 minutes because employees were late coming to work after monsoon rains threw suburban train services out of gear. The BSE 30-Share Index ended
        102 words
      • Article
        Taipei
        612 22 -13.13 The Taiwan bourse yesterday ended lower in volatile trading due to profit-taking, weighted by pulp, paper, plastic and chemical shares, dealers said. The 374-issue Weighted Price Index retreated 13.13 points to settle at 6,318.23. Turnover dwindled to 1.78 billion shares valued at NT591.26 billion. Kalis outpaced gains by
        612 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        729 22 Britannia Funds Sterling Cash Bid (Mkr Mim t ip Deposit M 6400 J* 6500 Mim Jersey GmT ***** 0.IW! Mm. Ma» Income ****** *0 9500 I S$ Cash Income Plus Fund 9 9300 10 4600 PS J Reserve Fund 5 2400 5 2500 Sterling Euro Performance .0.4592 0 4938 Far
        729 words
      • Article
        London
        669 22 +41.4 THE benchmark UK stock index surged 1.4 per cent to its highest level in more than three weeks as steady retail prices cased concern interest rates will rise to ward off inflation. "It's incredible at a time when everyone's been getting so paranoid about inflation," said a fund
        669 words
      • Article
        Paris
        134 22 +32.51 French stocks resumed their week-long rally, after a one day reversal on Tuesday, as investors shopped for shares less prone to volatility and those likely to benefit from economic recovery. "Nobody really knows where this market is going from one day to the next, so you want to
        134 words
      • Article
        Stockholm
        161 22 12.48 Stocks rose for a fifth day amid hopes that telecommunications companies will report strong earnings. The OMX Index of 30 leading stocks rose 12.48 points to 1,080.59, its highest since June 17. Sixteen stocks rose, 11 fell and three were unchanged. Telecommunications giant Ericsson was the biggest gainer,
        161 words
      • Article
        Frankfurt
        192 22 -2.20 German stocks were mixed after a report showing a modest rise in US consum- er prices revived concern about the dollar and US interest rates. "The market doesn't know which direction to go," said one dealer. "The dollar and the bund fell this afternoon after the US figures
        192 words
      • Article
        Brussels
        176 22 -1.07 Belgian shares closed lower as the market attracted some selling after a failed test of the 1,400 level in the Bcl-20 index late morning. Traders said the market ignored positive factors such as a firmer tone on other European markets, a steadier dollar, a higher opening on Wall
        176 words
      • Article
        Milan
        160 22 156 Italian stocks closed higher for the first time in six days as investors reacted enthusiastically to the budget-cut-ting programme cxpectcd yesterday evening. Buyers had been staying away due to fears that Italy's budget deficit will hamper long-term economic growth. Traders said investors were worried the government isn't doing
        160 words
      • Article
        Amsterdam
        266 22 +3.10 Dutch stocks made their biggest gain in more than a week as a stronger dollar boosted companies with significant US sales. The EOE Index of 25 leading stocks closed 3.10 points higher at 386.31. The rise was led by companies with dollar earnings. Some 8.13 million shares changed
        266 words
      • Article
        New York
        661 22 12.63 The Dow Jones was ahead 12.63 points to 3,715.29 at 1 lam EDT. The New York Stock Exchange Composite Index was ahead 0.71 to 248.18, while Standard Poors 500-stock Index was up 1.38 to 449.33. Advances topped declines 1,026-602 among the 2.456 issues crossing the NYSE tape.
        661 words
      • Article
        Zurich
        257 22 -33.5 Swiss shares fell to close at a new year low as tumbling Roche shares drew the pharmaceutical sector and the whole market down. Roche shed another 5.2 per cent to add to Tuesday's 5 per cent fall on news of worse-than-expcc-tcd first-half sales. They ended 300 francs lower
        257 words
      • Article
        Johannesburg
        315 22 12 South African shares ended mixed after struggling for direction in slow trade as world market instability continued to plague investors, dealers said. "All in all, not very exciting today," a dealer said. Dealers said although industrial priccs did not move much again, quite a lot of stock was
        315 words
      • Article
        Toronto
        236 22 +8.48 Canadian stocks rose for a seventh session amid optimism that more companies will report higher secondquarter earnings. "You've got some good earnings out and investors expect to sec further evidence of growing profits," said a trader. The TSE 300 Composite Index was up 8.48 points to 4,140.20. Six
        236 words
    • Article, Illustration
      Lock icon HONGKONG
      3160 23 Bloomberg Business News HONGKONG Realestate stocks led the market higher for a second day yesterday after investors concluded that the shares had fallen to prices that undervalued their projected 1994 earnings growth. The benchmark Hang Seng Index of 33 leading stocks ended the day up 2.76 per cent, or
      Bloomberg Business News; Source: Bridge Info  -  3,160 words
    • Article, Illustration
      Lock icon CHINA
      547 23 CLSA TURNOVER in Shanghai B shares picked up from Tuesday's low of US$9OO,OOO to US$2.4 million. The index closed 3.75 points higher at 743.02. Hero dropped 13.3 per cent on light volume. Property counter Outer Gaoqiao gained 5 per cent on moderate turnover. Turnover in Shenzhen B shares contracted
      CLSA  -  547 words
    • Article, Illustration
      Lock icon TOKYO
      2595 23 Reuter TOKYO The strength of the yen against the dollar sidelined most investors, but relative stability in the currency market yesterday helped stocks break a five-day losing streak. The Nikkei rose 139.93 points to 20,540.41, in estimated volume of 320 million shares. The broader Topix Index ended ahead 7.38
      Reuter; Source: Bridge Info  -  2,595 words
    • Article, Illustration
      Lock icon BANGKOK
      1814 23 Bloomberg Business News BANGKOK Thai stocks rose 1.73 per cent as investors raised offers in energy-re-lated issues on expectations of higher earnings triggered by rising oil prices. The SET Composite Index rose 22.1S points to 1,302.21. Advancing issues outnumbered dediners by a 3-to-| margin. A total of eight billion
      Bloomberg Business News; Source: Bridge Info  -  1,814 words
    • Article, Illustration
      Lock icon JAKARTA
      1155 23 Reuter JAKARTA Share prices closed higher in quiet trading ahead of today's listing of PT Indofood. with some stocks rebounding in the second session. "Many bigger stocks moved up in anticipation that the market may pick up tomorrow when Indofood lists. Bank BDNI especially was well supported." one broker
      Reuter; Source: Bridge Info  -  1,155 words
    • Article
      CLOB INTERNATIONAL
      2366 24 MOOT ACTIVE vrtumt Kcnong Bhd 50c 3.756.000 Mulpha Inll 50c 3.283.000 Mm H\d 50c 2.655 000 Mithi-niipiHC 2,412.000 Hromcl 2.3IO.OOO Lien Hoc rSR«)? 2 0)3.000 MBt Capital 1.907.000 CASH 50c 1.874.000 Fahcr (iroup I.75I.OOO B Raya TSR97 I 334.000 Landmarks Bhd 1.169.000 Longkah Hides 1.078.000 kamunling 50c 1.062.000
      2,366 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise on renewed talk about elections
        5676 24 Bloomberg Business News KUALA LUMPUR Stocks rose as Prime Minister Mahathir Mohamad returned from abroad, prompting some investors to pjace bets on whether he'll call an early election, analysts said. "Even if it's not true, at least people believe that when he comes
        Bloomberg Business News; Source: Bridge Info  -  5,676 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6944 25 1 MAW BOARD Transaction d«t«: July 13 Gr b M »l loaj Vol D» I Ml Oolr Di» Di» YM N« Cag A.« High U« Mk COOOl High l» B«>« Seller S Cm P/E S«.il Price INDUSTRIAL AND COMMERCIAL .440 835 s Wnu 980 .0 72 990 980 97$ 980
        6,944 words
      • Article, Illustration
        Lock icon Gains by overseas bourses boost investor confidence
        1927 26  -  By R Sivanithy SINGAPORE Firmness in key overseas markets and receding fears of an interest rate hike in the US led to a mild rally in local stock prices yesterday a rally that some observers say could last up to National Day on
        Charts by Bridge Info; Source: Bloomberg  -  1,927 words
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      232 15 NEWS VALUE How today 's news might affect your stocks Sluggish Jakarta bourse fails to deter flood of IPOs (pg 1) Likely to mean more competitive pricing for IPOs. Three key figures in dissident Yeo camp asked to quit (Pg I) No compromise in sight. Adds further weight to talk
      232 words
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      1130 17 Giving The Urban Redevelopment Authority is offering for sale 6 parcels of residential land, 1 parcel of residential/commercial land and 56 unrestored jpjKjjL NEXT conservation parcels on 99-year lease. Intended for landed and condominium/apartment development, the residential land parcels are expected 9 to generate about 700 dwelling units and form
      1,130 words
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      377 18 JT Singapore Trade Development Board CONFERENCE ON BUSINESS OPPORTUNITIES IN INDIA'S ELECTRONICS IT INDUSTRIES The Trade Development Board and the Singapore Manufacturers Association are organising this conference to give you details on the current state of the electronics and IT Industries In India and to enable you to take advantage
      377 words
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      236 19 Join our Driveaway to Cherating and Tanjung Jara Brought to you by Singapore Business ft Day to driving Everything will be provided for and all arrange- SsBo Esso petrol voucher for first 40 cars Sony giveaways Car waxing at Auto Shine Centre Two adults sharjng rQom ss32B adult Commemoratrve pins
      236 words
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      Page 21 Advertisements Column 1
      61 21 Hong Kong investors searching for various kind of properties in prestigious location. CKvners of such properties and are interested to sell for Best Price. CALL US NOW! 538 3700 "I deal in cameras. Andlknow whereto get good exposure." f*T3, I charter for MBi lf 4 4 «?uico' v 4 other'
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      Page 21 Advertisements Column 2
      37 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 'HilSS 1 i^Hi I 737-7/66 I 1 to p/oce a quick- C.A.T.S. I j acting ad. 737-1
      37 words
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      Page 22 Advertisements Column 1
      65 22 BAUME MERCIER jL 18 karat g° ld and stainless steel. GENEVE 1 mi Screw-down crown and case, maltres horlogers depuis 1830 water-resistant to 30 meters. Baume Metxier Boutique and Service Centre: Singapore: *01-01 Mandarin Shopping Anode. -fa Handann Singapore, 333 Onbard Road Singapore 0923 Tel *****31 Malaysia: Shop Lot 4
      65 words
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      90 25 SINGAPORE: THE HOUR GLASS Takashimaya Shopping Centre Td: *****20/1 lucky J\ /JSWb Plaza Tel: *****62/543 Scoiu Tel: *****27/7198 Centrepoim Tel: *****98/ .^/,'J//f 603 Peninsula Pla/a Tel: *****09/*****63 Raffles Tel: *****41/1169 World V/ > fIfS&TM Jf Trade Cenire Tel: *****51 /1007 Changi Airport Terminal 1 (West Wing) Tel: *****60, Terminal 2
      90 words
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      44 26 GARAGE SALE TIP: Invite your neighbours to join you in a garage sale, then advertise the big event in classification 176 in The Straits Times Classified. CAT.S. 737-1166 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday BiisinessTimes
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      Page 26 Advertisements Column 2
      225 26 UNITED OVERSEAS BANK LIMITED (Incorporated in th« Republic of Singapore) LOST CERTIFICATES Notice is hereby given that the following certificates have been reported lost: Certificate Noa. No. of Shares In the name of *****82 6 1 x 1,000 Tan Hock Seng *****83-9 1 x 500 *****48-7 1 x 187 *****95-2
      225 words
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      Page 26 Advertisements Column 3
      347 26 BUSINESS TIM ELJL TOLL-FREE TEL. No. 1-BQO-741-1883 FAX 741-1298 INDUSTRIAL COMMERCIAL BANK LIMITED (Incorporated In the Republic of Singapore) LOST CERTIFICATES Notice is hereby given that the following certificates have been reported lost: Certificate Noa. NO. Of »hlfßl In MHW Ql *****68-2/71 8 4* 1,000 Ng See Sing *****06 7
      347 words
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      Page 26 Advertisements Column 4
      331 26 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF EARTH ELECTROPLATING CO. PTE LIMITED (Memben' Voluntary LiquMatiool NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Chapter 50 that a Final Meeting of the Members of the abovenamed company will t* held
      331 words
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      Page 26 Advertisements Column 5
      85 26 HWA HONG CORPORATION LIMITED (Incorporated In the Republic of Singapore) LOST CERTIFICATE Notice is hereby given that certificate numbered *****0 covering 1.000 shares in the name of DBS Nominees (Pte) Lid has been reported lost Notice is also hereby given that the original certificate will be deemed duly cancelled and
      85 words
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      Page 26 Advertisements Column 6
      309 26 HOP SZE ENTERPRISES PTE LTD (ki Vol. Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 50) thai the Final General Meeting of the Members of the abovenamed Company will be held at the office of M/s Wee Seng Tiong Co 1 Colombo
      309 words
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  • Shipping Times
    • Article, Illustration
      Oil-spill response firm plans to set up Port Dickson base
      351 27  -  By Alec Almazan SINGAPORE A regional oil-spill response eompany based here hopes to set up a USS3 million (554.5 million) satellite depot at Port Dickson, Malaysia, by the end ol the year. Hast Asia Response is working with the Malaysian
      351 words
    • Article
      Lock icon New York considers offer for prison ships
      220 27 AFP NEW YORK New York is entertaining a US$9OO,OOO offer for a pair of imposing prison ships that cost the city US$4l million seven years ago, a city spokesman said Tuesday. "It represents a no-win financial situation, but these things are white elephants
      AFP  -  220 words
    • Article
      Lock icon Construction of US submarine plagued by delays, cost overruns
      311 27 AP WASHINGTON The first Seawolf attack submarine is plagued by cost overruns and construction delays, congressional investigators say, but the Pentagon insists the vessel will join the fleet on schedule. A report by the General Accounting Office made public on Monday
      AP  -  311 words
    • Article
      Lock icon NZ govt wins vote on coastal shipping law
      176 27 Reuter WELLINGTON New Zealand's National Party government yesterday won a key vote on a controversial Maritime Transport Bill whicH partially deregulates coastal shipping. Government member of Parliament and chairman of Committees Jim Gerard used his casting vote on clause 197 of the
      Reuter  -  176 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      827 27 Page Col Accord Group 8 1-3 Ahrenkicl Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 I Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7 3
      827 words
    • Article
      Acomarit, Blasco form joint venture
      168 27 SINGAPORE Acomarit Services Maritime and the Black Sea Shipping Company (Blasco) have set up a joint venture to upgrade ship-man-agement techniques on Blasco vessels. The joint venture, Blasco Ship Management (Cyprus), will be intergrated into Acomarit's worldwide technical management programme and communications network. The Cyprus-based
      168 words
    • Article
      Lock icon HIT chief expects Hongkong port congestion to ease
      357 27 Reuter HONGKONG China s tentative plans to keep the road border erossing to Hongkong open for 24 hours a day will relieve a major congestion headache, the head of Hongkong International Terminals Ltd (HIT) said on Tuesday. "We're open 24 hours a
      Reuter  -  357 words
    • Article
      Lock icon Maersk to double capacity at Kaoshiung
      127 27 Bloomberg Business News COPENHAGEN A container terminal which is being built in Taiwan's Kaoshiung harbour will double the capacity of Maersk Line in Kaoshiung. Danish daily Boersen reported on Tuesday. Maersk Line, the world's largest container line company.said it expected trade be- tween China
      Bloomberg Business News  -  127 words
    • Article, Illustration
      South Eastern Oil expands bunkering operations
      180 27 SINGAPORE South Eastern Oil is expanding its marine bunkering operations here, with the launch yesterday of a fourth bunker tanker, SEO Empat. And a fifth vessel. SEO Lima, will be launched later this year. SEO is a joint venture be- tween Hai Sun Hup
      180 words
    • Article, Illustration
      Lock icon Japanese airlines plan to hire part-time flight attendants
      569 28 Asahi News Service JAPAN'S three reces-sion-pounded major airlines are considering hiring part-time flight attendants to cut labour costs. Because so many women want such a job, applications are likely to pour in despite the fact that pay will be half of that
      Asahi News Service  -  569 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      12529 36 This is a list of ships loading at Singapore for ports around the world It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      12,529 words
    • Article
      SHIPPING AGENTS
      3401 41 A X m. H( ontaincrline NX: Bclsin Shpg Xgencies I'to Ltd (SV Marine Handling Sdn Bhd (Pk/PN). Accord (.roup: Xccord Shpg Pte Ltd (SV Xccord ontr Line (Pk/PN). Xdkris Business orporation Philippine alsource Shpg I rdg IV' Ltd (S) Xhrenkicl Liner Sen ice kim Shpg I rdg (SV
      3,401 words
    • Article
      COURIER SERVICES
      296 41 bams Couriers Id: 545-XOI I. l ax: 545-1898 Air Fxpress I ravel Tel: 533-5771. Fax: 535-6144 Airborne Freight orporation Tel: 542-8844 lax: 542-3716 *****80 Virswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). "'47-7421. Fax: "'42-8975. Citv-Link International Tel: 344-3377. Fax: 345-6450 Cluster Link
      296 words
    • Article
      AIR FORWARDERS
      1518 41 Vbex Fxpress Freight Tel: ?42- 7 17|. Fax: *****84. Vctinic Forwarder lei: 225-1833. Fax *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Xerolink Freight International Tel: 545-8033. Fax: *****05. Verospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Kxpress Tel: 542-5454. Fax: *****06 Air Kxpress International lei: 542-7666 Fax: *****74.
      1,518 words
    • Article
      PORT CONDITIONS
      2448 42 ALBANIA Durrcs: Six vessels discharging of which I steel. I bagged cement, I urea. I bagged flour. I wine. I tobacco bales, no vessels waiting in roads. ARGENTINA Santa he: No vessels berthed, none in roads, no vessels due. Diamante: No vessels berthed, none in roads. I vessel
      2,448 words
    • Article
      CRUISE & FERRY SCHEDULES
      608 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr IH'p Name of Vessel KI V KID Ports of falls Port \|>cnt telephone No JULY 15 15 Renaissance 2 I 100 2030 Cruise to Nowhere Lines I ml Holdings 224-2763 15 15 Coral Princess 1330 2<tU0 Cruise lo Nowhere Scmjom Agencies 227-8284 15 15
      608 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      767 42 SHIP SALES TANKER RATES AFP WHILST the market continues to favour the handy bulk sector, for th first time in around 18 months we can report the sale of a modern VLCC. Ocean Tramping's Bloom Lake 280.000 dwt and built 1991 is said to have been sold to clients of
      AFP  -  767 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        722 43 Vessel Voy Wo Berth Arrival Departwe Vessel Voy No Berth Arrival Departs iurone Port ww sp««u A5194* poia 130/1200 130//1500 Asia Prosperity 14 alongside 14 07 0600 Batam Speed3 A5294* P01A 140M200 140//1400 Batam Bafcttia 07 03 94 18 atongale 14 07/2300 Batam Speed3 *****" P01A 1407
        722 words
      • Article
        CONTAINER SCHEDULES
        1662 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baiance Rslts Ship Voy No Etb/Btr Period From To From *«D»y (MB 15/2000 18 13/1500 13/1659 13/1900 2A 13/1700 14 0659 14 0900 2B 13/1/00 14/0659 14/0900 3 14/0700 14'1159 14/1400
        1,662 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        560 43 Cation Carbon My 7 Density Nat* Rcadw Mi /town Sequent Density Water ResiAie Ash W Sedment \MM M M Exxon MOn KG 11*3 V/V M M %M M PPM method KG M*3 V/V M M *.M M PPM method BO/One Limits Spec E25 991 10 15
        560 words
      • Article
        COCKETT BUNKER MARKET REPORT
        890 43 THIS twice weekly report, compiled by Cockctt Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        890 words
    • Article, Illustration
      Lock icon The giant shiprepair centre of northern Europe
      1237 44  -  Rotterdam remains a major regional force in the newbuilding and repair market despite recent setbacks and closures, writes Alan Thorpe Alan Thorpe Lloyd's List Magazine Focus Although there has been a number of closures and reorganisations in the Rotterdam shipbuilding and shiprepairing industries
      Lloyd's List Magazine Focus  -  1,237 words
    • Article
      Daily Freights
      1629 44 I HK Baltic Freight Index for spot dry cargo shipping rates rose to 1.398 on Tuesday from 1.380 on July 11. Rates remained essentially stronger for capesizes and Panamaxes in the Atlantic, although few Panamaxes have been reported fixed, brokers said." Hyundai Merchant Marine won the Pohang Steel
      1,629 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Planes of future will meet Asia-Pacific needs: McDonnell
        528 46  -  From Conrad Raj in HONGKONG THE next generation of commercial aircraft will be designed with the main purpose of providing better service to the Asia-Pacific region, the world's fastest growing area. Stating this at a luncheon talk to Hongkong's American Chamber of
        528 words
      • Article
        Lock icon Lufthansa considers India a top destination
        280 46 UPI NEW DELHI India is the top ranking destination for the German carrier Lufthansa, the company's Asia-Pacific managers said on Tuesday. "Considering India as the top ranking destination, Lufthansa has decided to finance the US$9.5 million (5514.4 million) tourist development fund to promote India
        UPI  -  280 words
      • Article
        Lock icon Carrier plans to buy more BAe, Bombardier jets
        228 46 Reuter LONDON Deutsche Lufthansa AG's Cityline carrier is planning to acquire more regional jets from British Aerospace and Canada's Bombardier Inc, industry daily The Air Letter said on Tuesday. Cityline's managing director Karl Rausch told the newsletter that his airline wants more
        Reuter  -  228 words
      • Article
        Lock icon United's workers exchange pay cuts for ownership
        493 46 NYT CHICAGO Concluding one of the longest-running buyout efforts in the history of corporate America, employees of United Airlines gained control of their company on Tuesday, exchanging deep cuts in pay and benefits for a majority stake in the second-largest em-ployee-owned company in
        NYT  -  493 words
      • Article
        Lock icon C-17's landing claims overblown: Congress report
        224 46 Reuter WASHINGTON The new C-17 military transport plane can land at only a little more than a third of the 9.900 airfields the US Air Force once claimed it would be able to use, a congressional report released on Tuesday said. As a result,
        Reuter  -  224 words
      • LOG BOOK
        • Article
          Lock icon Asian carriers join JFK project
          75 46 Bloomberg Business News TOKYO Air France. Lufthansa. Japan Air Lines and Korean Air have agreed with New York and New Jersey airport authorities to help build a new passenger terminal at New York's John K Kennedy Airport. Nikkei English News reported. Ihe four carriers said
          Bloomberg Business News  -  75 words
        • Article
          Lock icon 7 grain ships loading at Rouen
          78 46 Reuter PARIS Three grain ships are being loaded at Rouen to haul a total of 27.000 tonnes of French soft wheat, port sources said. Destinations are West Africa. Belgium and Cuba. Two vessels are also being loaded for the Azores with 3.600 tonnes of
          Reuter  -  78 words
        • Article
          Lock icon One dead in Korean ship collision
          107 46 Reuter SEOUL A South Korean cargo vessel sank after colliding at night with another off the southern port of Pusan. killing one crew member while two others were missing, maritime police said on Tuesday. The 2.036-deadweight tonne (DWT) Jang Yung Hit son collided with
          Reuter  -  107 words
        • Article
          Lock icon SAA flying to Bangkok
          57 46 Reuter JOHANNESBURG South African Airways said it would begin direct flights to Bangkok at the end of October. "With the addition of this service, SAA now offers a daily service to the Asia and Australia region." a statement said. "Bangkok will be served twice weekly from
          Reuter  -  57 words
        • Article
          Lock icon Argentina agrees to more flights
          100 46 Bloomberg Business News BUENOS AIRES The Argentine government is prepared to allow an increase in flights on routes linking the US and Argentina that are flown by Aerolineas Argentinas. American Airlines and United Airlines, Ambito Financiero reported. In talks with the US government, it will
          Bloomberg Business News  -  100 words
      • Article
        Lock icon Australia Air applies for China rights extension
        303 46 Reuter CANBERRA Australia Air International Ltd, a new airline hoping to start weekly flights to China, said it had applied for another extension for the rights to the flights. Australia Air was granted a 90-day extension to its rights to fly the weekly
        Reuter  -  303 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1792 46 Ctty Firtt ETA FH* EL Abo Dhabi GF146 1120 GF147 1850 GA985 1130 SQ441 1505 GA883 1545 Adelaide QF81 1925 QF82 2055 SQ228 1955 Amsterdam KL843 0505 KL838 2300 SQ25 0630 SQ26 2355 GA975 1205 KL837 1450 Atfc—s SQ347 0740 Auckland SQ286 2040 BAN 1505 SQ288
        1,792 words
  • Page 27 Advertisements
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      7 27 DIRECT CALL TO THURSDAY SUNDAY HOTLINE *****37
      7 words
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      Page 27 Advertisements Column 2
      31 27 /S j J s=3^ Lines and services represented by Members of the Registry of Accredited 5 H©Sj Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      31 words
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      Page 27 Advertisements Column 3
      55 27 THE //ia famous jp n to mawxki mtn msjm ■■mil?l* 224 1833 For more information please refer to Ptf. 13 Japanese airlines plan to hire part-time flight attendants, Page 2 Rotterdam: the giant shiprepair centre of northern Europe, Page 18 ADLIB Candid views from people in the news. Conversations At
      55 words
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      Page 28 Advertisements Column 1
      2171 28 iZI&OUT,,,, ZXr>o:l7,.„ IMPORT..* IMPORT.... INORTH AMERICA I I OTHER DESTINATIONS I NORTH AMERIQA I TOWTggMT.tWmMWWAIfIYM I WMQAfOWI CAUPOWWA BXW3M (PWUCT WWM *MT COACT) wsttl yoY STORE U MR *CR SEA DAL HOUSTON CMC XT MEXICO CITY *ESSEL STOW BUENOS AMES MOHTEVBEO MO DE MOW SANTOS ME*A PALIMA PARANAGUA *ESSEL/*OY HO
      2,171 words
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      Page 29 Advertisements Column 1
      1951 29 oor*i /q\ DTP iTn IADniMF SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN BHD'. SINGAPORE 020. Cf S CR NUMBER **********0 C Tn 54P703/4 FAX *****6 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD* TF!" MllaiS FAX *****14 (OPNSI CUSTOMER SERVICE TEL. ***** 1^ 2 JOHOR BAHRU TEL: 02 07-*****70 FAX 02-07-*****99 Dedicated to Quality
      1,951 words
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      Page 29 Advertisements Column 2
      1854 29 ■UlViHiHlHlfl* MAERSK WEST AFRICA SERVICE ADDITIONAL PORT OF CALL NOUAKCHOTT, MAURITANIA IN 24 DAYS Vessel Voy ETA ETD Feedered by 5 r ItTVa destinations ihis »ee* MC KiNNc* MAERSK v9«6 rQ2^32^B232Z2BCiS^E2ZIBE3Ii2Z3i^2232ie^^H 19/07 oeoo mas HH CFS 18/07 2359 MRS JOH LPK PEN OAK LGB SFO MEM ATL MIA CMS BAL
      1,854 words
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      Page 30 Advertisements Column 1
      1700 30 aoaba r dam/ le also accepting from VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H BURG A WERP HAVRE m W £gj MALAYSIA DRESOCN EXPRESS 17/327 16/7 25/7 U8 3/8 8/8 6/8 Port Kelang. Penang KIRISHIMA 05/128 20/ 7 6/8 9/8 7/8 Pasir Gudang LUDWIGSHAFEN EXPRESS 14/328 23/7 W8
      1,700 words
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      Page 30 Advertisements Column 2
      610 30 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vootochny, Vladivostok, Moscow, Baku, Taahkenl, Irkutsk, Alma Ata. Ashgabad, Dushanbe, Kiev y N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE HgSHH i FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Bunga Pelangi V.2234 19/7 16/8 I
      610 words
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      Page 30 Advertisements Column 3
      1193 30 NORASIA I VSL/VOY SIN ALQ BCL VAL HAM BRE ROT ANT FEL LHA VUE 0E SAGIT TA SO4W 19/07 16/08 10/08 VILE DAQUH.A AO4W 26/07 23/08 17/08 NORASIA PEARL 9427-3 14/07 05/08 06/08 07/08 08/08 09/08 10/08 12/08 ARABIAN SEA 428W 20/07 12/08 13/08 14/08 15/08 16/08 17/08 19/08 SEA
      1,193 words
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      1177 31 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #1101 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line <a service of china navigation co) CARGO IX* SAHS SIRAIIS VENTURE VI9E Muara 13 14 M 15 M 16 lul FCI. LCL CONTAINER ANO BREAK BULK SERVICE TO
      1,177 words
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      Page 31 Advertisements Column 2
      2378 31 l|&v\ SINGAPORE AGENT: nJnat«c P&O Containers (Singapore Agencies) Pte Ltd I iVI W 1 jl BB B 1 /t B I ICI 3 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Wr* A Tei 225 2233 y Telex RS ***** p NOCS p Fax; 2 25 5327/222 7517 WT:
      2,378 words
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      Page 32 Advertisements Column 1
      633 32 f m\ GENERAL AGENT C R NO *****81 OOOOD I EKA JAYA AGENCIES >Jl|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I MINH CITY PAGER HANOPHONE/DIP6CT I HENRY HOE 11W24 I KELVIN CHAN uma WM7«/»MW MANOJ *****2S mim I wb-liam wee ammt r7arca»/»MM2 TO VIETNAM/HCMC CONTAIHER-FEEDER SERVICE
      633 words
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      Page 32 Advertisements Column 2
      1969 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 fn# \rci SIN Lit® HAUL S£H YVH POX ft" "SI SJH LINE HAW. SAT IN NYC HANJIN HONGKONG 045£ 721 DWECT 11/ l 12/» 13/» JJJJJJJ 2 1\ "/9 4 9 HANJIN SEATTLE 034€ 29 DIRECT
      1,969 words
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      Page 32 Advertisements Column 3
      1543 32 dd 11\ "T3"EnB Ipw scr use wc ug pus wi o» ngt sw ito lai cms eu mc lkv »n« mm thp wg psd cm m ssr E GUttWOtl mi 20/7 24/7 27/7 29/7 I I 2/1 3/8 4/1 V• 6 1 17/8 JO 1/9 2 9 12 J 13/9
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      Page 33 Advertisements Column 1
      2241 33 ["J I] 'NUMBER BRIDGE' 71W ETA SGP 16/07/94 II I I nft II ETA RDM 01/08/94, FLX 02/08/94, II jr BRE 04/08/94, LEH 06/08/94 H USEC CANADA 4Ap LOS OAK VAN I SET |Uf (M, I IF. (IB DAI PFT HOI MPII SO* MA PU> TO* W rAIIFORNiV J t
      2,241 words
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      Page 33 Advertisements Column 2
      1157 33 A MULTILINE SHIPPING PTE LTD W (a member of SINSOV Group) ht/W CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 S BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      Page 34 Advertisements Column 1
      1497 34 w 44 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CX NO: *****7J0000M GST REG NO: M2-*****W-6) K- TEL: *****77 TELEX KAWAKI R*****5 FAX *****16/7/8- 9 W W TWT MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD I Mm F" J TEL: SA *****00 PK *****75 PEN *****0 JB 236'01 PGU *****5/6
      1,497 words
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      Page 34 Advertisements Column 2
      1106 34 @APPENSHIP /p> HAMBURG U\) CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADMG PORTS DISCHARGE LOADING FOR MERINI ANTW 27/06 SPORE 30/07 SEAKITTIE HAM 29/06 SPORE 02/08 ELENA V ANTW 03/07 SPORE 06/08 ISLAMIC REPUBLIC OF [ACCEPTING CARGO TO GULF PORTS I IRAN SHIPPING LINES
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      923 35 PACIFIC INTERNATIONAL LINES (PTE) LTD gSSSS? 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I |fIV CR NO **********0E I VESSEL VOY SIN CMB JIB JED AOJ ADE HOO PZU ASA KOTA WIJAYA WJAO43 19/7 24/7 31/7 3/8 6/8 12/8 KOTA BERLIAN BRLOI9 29/7 3/8 10/8 17/8 15/8 12/8 15/8
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      Page 35 Advertisements Column 2
      1062 35 I VtSSILS VOY I SM I It mm HAMBURG THMKS ROIIEROAM ANTWERP VKU Of SAGITTA SO4W H/07 10 01 t2/0« >3/0« i«/ 0« lt 0 VULE D AQUH.A *04* 26,07 17/00 H 0» 20/00 **/<>* Will D HTM* Ho 4* 02 00 24,01 26 01 27/00 21/01 30 VK.ll Ot
      1,062 words
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      Page 35 Advertisements Column 3
      570 35 BSA 4 M MYANMA iQBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdj SAGAING V3SW In Port Sid SM PAGAN V2IIW 18/20 lul AVA VI29W 20/24 M HPA AN V2O4W 30/31 Jul PATHEN VI3OW 30/31 Jul 25/29 Jul MALAYSIA AGENTS BOUSIEAO SHIPPING AGENCIES KUI:
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      2348 38 S EAST Co4Sr| JVfIAVfVIMIn I all water I days I Singapore s General Agents: COTTAR SHIPPING PTF I TO Tel (General): *****00 Sales Booking: Agency Dept: s ihlaton *I**l7 08 F (GeneraO: *****66 Container: *****41/844 Container Src 8/L. *****02 Operation Container: *****15 DBS Bldg Tower 2 Io'i 2 ??To7oonnnn u
      2,348 words
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      Page 38 Advertisements Column 2
      808 38 CROATIA LINE A (EX JUGOLINIJA) I VESSEL SPOKE PK PNG 10ADWG FOR RAB 13 JUL lb JU Aleiandna. Beirut Istanbul. Trieste. Koper Lattakia Limassol Mersin P Said. Riieka. Venice GRO6NIK 12 JUL do General Agent*: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Li*npur Port Kelanj Penanj SPORE CARTAGENA DE INDIAS
      808 words
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      Page 38 Advertisements Column 3
      175 38 /^NOBBULk\ I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES I I SEA SONNET 19/7 21/7 FLU RDAM/ANT/UK I I I NORBULK TBN 21/7 24/7 DBN/CPT/EL I I ALSO LOADS TAWAU. KK. TG MANI PK SWK/SABAH LOADING FOR NORBULK PINE 25/7 HONGKONG/HUANGPU SUBJECT TO
      175 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      727 39 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/7 ROTTERDAM 16/7 AARHUS/COPENHAGEN 17/7 HAMBURG/BREMEN 17/7 MARSEILLE/FRANCE 1977 FELIXSTOWE/UK 18/7 BARCELONA/SPAIN 18/7 LEHAVRE/FRANCE 20/7 GENOA/ITALY 18/7 ANTWERP/BELGIUM 18/7 LOS ANGELES/WC/IPI 17/7 SYDNEY/MELBOURNE 15/7 NEW YORK/EC 17/7 FREMANTLE/ADELAIDE 15/7 VANCOUVER 15/7 BRISBANE
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      Page 39 Advertisements Column 2
      1038 39 i»'s VESSEL VOY £"I VESSEL VOY SIN PEN 'SWA BHUM S?S Fri 15/7 Tu# 19/7 DEJA BMUM 4613 Fri 15/7 S«t 16/7~ |^B VESSEL VOY N BKK BHATRA BHUM MS S* IW7 Tu. 1»/7 j KOTA SURIA "sURoTs Sun 17/7 Tu# 19/7 U BATNA BHUM 13W Thu In PI Sun
      1,038 words
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      Page 39 Advertisements Column 3
      300 39 m RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lines) K FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnnl Voy ETA Loading For Sport Abbay Wonz 40WB 12/06 Mombasa. Djibouti Assab Massawa
      300 words
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      Page 39 Advertisements Column 4
      553 39 Guarantied Sailing* to:BANGKOK LAEM CHABAMG/LAOS| 16/7 (SAT). 19/7 (TUt) PORT KELANG/PENANG 21/7 (THUR), 22/7 (FRI) HONG KONG 19/7 (TUE). 22/7 (FRI) JAKARTA 16/7 (SAT) MANN.A CEBU 19/7 (TUE) HO CM MINH 15/7 (FRI) SURABAYA 17/7 (SUN) BUSAN 17/7 (SUN) DONGNAMA LINE CONTAINERISED SERVICE BTRAITB/BLW/INC/BBN vessel sgp m Bm K m
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      Page 40 Advertisements Column 1
      1507 40 AJkBMN CONTAINER LINES, INC l~N=/\~~|AB*n«« MAC-NELS SPORE: *****32 (24 LINEB) c/w No: 1200C*****01 SIBU (084) *****9 KUCHINQ (082) *****3 PENANQ: (04) *****8 BANGKOK (662) *****67 MANILA (632) 81 ***** P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 15/7
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      Page 40 Advertisements Column 2
      178 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lift u* tut sratf rati riling pining Bim mm is// Loading tor Mate MUVAI HUDHU 11// loading tor Dubai OafMN 21/t Loading For Male noMiR summ v/t loading Foe Mai* UMMEOH 18 I loading For Mate PSOGMSS IKRIV till loading tor Male
      178 words
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      Page 40 Advertisements Column 3
      1167 40 THONG SOON LINES PTE LTD >V*>V 78 SHENTON WAY #10-01, SINGAPORE 0207 C J V J TEL: 227-5088 FAX: 227-6011 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 4 TMOHO 900 M SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL ""VOT" S PORE PEST VESSEL VOY S'PORE lANCKOK
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      483 44 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC *****N 15/07 (FRI) 20/07 (WED) LANKA MAHAPOLA *****N 19 07 (TUE) 23/07 (SAT) KRKLY PERVOMAYSK *****N 22/07 (FRI) 27/07 (WED) VIGOUR PACIFIC *****N J 26 07 (TUE) 30/0 7 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE I
      483 words
  • Page 44 Miscellaneous
    • Miscellaneous
      Page 44 Miscellaneous Column 1
      694 44 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 22 28 3.0 3.0 2.6 2.0 1.4 09 0.5 0.4 0.5 0.8 1.3 2.0 2.4 2.5 2.5 22 1.7
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      794 45 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ~ptir fp*E* pgd* vessels voy sin rtm am* leh« ham mt Fa I 7w 15/07 16/07 SL~MARINER 311W 11/07 06/08 08/08 09/08 08/08 08/09 10/08 20/07 22/07 23/07 H. INNOVATOR 310W 25/07 13/08 15/08 16/08 15/08 15/08 17/08
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      519 45 STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I VESSEL VOV SP n AUC KK MUA *1 I COSMC MASTER HUM— <»» !•/*> I OMNGt SUV 11 17/7 HI! I OUTBOUND VESSELS I LOADINC FOR HO CHI HUWH HAIPHOWC I (PURE CAR CARRIER) I SHANTAR
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      1013 45 VESSEL VOY SIN ETA/D LAX OAK I CHI 1 DAL MEM/COl I HOU I NYC I NOR ALLIGATOR VICTORY S4A 21/07 07/01 OS/0« 10/01 11/08 11/01 12/ M 12/01 13/01 MACKINAC BRPGE 7SA 21/07 14/01 16/01 17/08 IS/08 11/01 19/01 19/01 20/01 ALLIGATOR TRIUMPH WA 04/01 21/08 23/01 24/08 25/08
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      Page 46 Advertisements Column 1
      178 46 ATizmnoTi SWP OTVTIZ'RS Have you experienced the expense and time loss of breakdowns at sea? Have you had to divert your vessel to the nearest port for repair, or have spare parts flown out to the vessel? MODERN MAINTENANCE PRODUCTS Can supply you with a marine repair kit_which will allow
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